Canadian Energy Services & Technology Corp.
TSX : CEU
OTCQX : CESDF

Canadian Energy Services & Technology Corp.

July 16, 2015 16:23 ET

Canadian Energy Services & Technology Corp. Announces Cash Dividend and Provides 2015 Second Quarter Conference Call Details

CALGARY, ALBERTA--(Marketwired - July 16, 2015) - 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 August 14, 2015, to the shareholders of record at the close of business on July 31, 2015.

The Corporation will conduct a conference call following the upcoming release of its financial results for the second quarter ended June 30, 2015. The 2015 second quarter results are expected to be released after the close of market the day before the conference call. Tom Simons, President and Chief Executive Officer of CESTC, will host the call.

Date: August 13, 2015
Time: 9:00 a.m. MDT
Dial-in: (877) 291-4570 or (647) 788-4922
Online: http://www.gowebcasting.com/6802

A replay of the conference call will be accessible on CESTC's Investor Relations website at www.CanadianEnergyServices.com by selecting "News Releases".

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 www.sedar.com or on the Corporation's website at www.CanadianEnergyServices.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • 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
    cesinfo@ceslp.ca