The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Canadian Energy Services & Technology Corp. Announces Cash Dividend and the Addition of a Director

Thursday, July 15, 2010

Canadian Energy Services & Technology Corp. Announces Cash Dividend and the Addition of a Director16:13 EDT Thursday, July 15, 2010CALGARY, ALBERTA--(Marketwire - July 15, 2010) - Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation")(TSX:CEU) announced today that it will pay a cash dividend of $0.08 per common share on August 13, 2010 to the shareholders of record at the close of business on July 30, 2010. CESTC also announced that effective today it has expanded the board of directors by one to seven members and that Kathryn Sherman has been appointed as a board member. Kathryn Sherman is a co-founder of Fluids Management II Ltd. from which CESTC recently acquired all of its drilling fluids business assets. She has over 30 years of drilling fluids and other oilfield services experience in a variety of sales, operations and management roles. About Canadian Energy Services & Technology Corp.CESTC designs and implements drilling fluid systems for the oil and natural gas industry in western Canada and in the United States through its subsidiary AES Drilling Fluids, LLC. Additional information about CESTC is available at www.sedar.com or at CESTC's website at www.CanadianEnergyServices.com.FOR FURTHER INFORMATION PLEASE CONTACT: Canadian Energy Services & Technology Corp. Tom Simons President and Chief Executive Officer (403) 269-2800 or Canadian Energy Services & Technology Corp. Craig F. Nieboer, CA Chief Financial Officer (403) 269-2800 info@ceslp.ca www.CanadianEnergyServices.com. THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.