CALGARY, ALBERTA--(Marketwired - Dec. 16, 2013) - Lightstream Resources Ltd. ("Lightstream") (TSX:LTS) is pleased to announce that our dividend for the month of December will be paid on January 15, 2014 to all Lightstream shareholders of record on December 31, 2013. The December dividend will be $0.04 per Lightstream share. The ex-dividend date is December 27, 2013.
As previously announced, the termination of our dividend reinvestment plan and share dividend plan will be effective for the December 2013 dividend. As a result, this dividend will be paid in cash to all shareholders.
Lightstream Resources Ltd. is an oil and gas exploration and production company combining light oil Bakken and Cardium resource plays with conventional light oil assets, delivering industry leading operating netbacks, strong cash flows and production growth. Lightstream is applying leading edge technology to a multi-year inventory of Bakken and Cardium light oil development locations, along with a significant inventory of opportunities in the Horn River and Montney gas resource plays in northeast BC. Our strategy is to deliver accretive production and reserves growth, along with an attractive dividend yield.