CALGARY, ALBERTA — (Marketwired) — 10/16/14 — Canadian Energy Services & Technology Corp. (“CESTC” or the “Corporation”) (TSX: CEU)(OTCQX: CESDF) announced today that it will pay a cash dividend of $0.0275 per common share on November 14, 2014, to the shareholders of record at the close of business on October 31, 2014.
About Canadian Energy Services & Technology Corp.
CESTC is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CESTC–s business model requires limited re-investment capital to grow. As a result, CESTC has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow. CESTC returns much of this free cash flow back to shareholders through its monthly dividend. Additional information about CESTC is available at or on CESTC–s website at .
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
Canadian Energy Services & Technology Corp.
Tom Simons
President and Chief Executive Officer
403-269-2800
Canadian Energy Services & Technology Corp.
Craig Nieboer, CA
Chief Financial Officer
403-269-2800