Trican Announces Suspension of Dividend
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 05/12/15 -- Trican Well Service Ltd. (TSX: TCW) announces that it is suspending the Corporation''s dividend until further notice.
Since May 2006 the Corporation has maintained a dividend policy of paying dividends on a semi-annual basis. Since February 2012 this semi-annual dividend has been in the amount of $C 0.15 per share. However, given current economic conditions and the weak economic outlook, Trican''s Board of Directors has decided to suspend the Corporation''s dividend until further notice. The Board of Directors will continue to re-evaluate the dividend policy on a quarterly basis.
Headquartered in Calgary, Alberta, Trican has operations in Canada, the United States, Russia, Kazakhstan, Norway, Colombia, Saudi Arabia, and Australia. Trican provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.
Contacts:
Requests for further information should be directed to:
Dale Dusterhoft
Chief Executive Officer
E-mail:
Michael Baldwin
Senior Vice President, Finance & CFO
E-mail:
Gary Summach
Senior Finance Director
E-mail:
Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8
Please visit our website at
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Datum: 12.05.2015 - 18:19 Uhr
Sprache: Deutsch
News-ID 1358372
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contact information:
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CALGARY, ALBERTA
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Kategorie:
Equipment
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