PHX Energy Services Corp. Announces May 2014 Dividend

PHX Energy Services Corp. Announces May 2014 Dividend 
CALGARY, ALBERTA -- (Marketwired) -- 05/15/14 --   PHX Energy
Services Corp. (TSX: PHX) ("PHX Energy" or the "Corporation") has
declared a cash dividend of $0.07 per common share designated as an
"eligible dividend" within the meaning of subsection 89(1) of the
Income Tax Act (Canada), and payable on June 13, 2014, to
shareholders of record at the close of business on May 30, 2014. The
ex-dividend date is May 28, 2014. 
The Corporation, through its directional drilling subsidiary
entities, provides horizontal and directional drilling technology and
services to oil and natural gas producing companies in Canada, the
US, Albania, Russia, and Colombia. PHX Energy develops and
manufactures its E-360 electromagnetic ("EM") and P-360 positive
pulse measurement while drilling ("MWD") technologies that are made
available for internal operational use. In addition as the result of
an acquisition completed in November 2013, PHX Energy provides
electronic drilling recorder ("EDR") technology and services, through
RigManager Services. 
The common shares of PHX Energy are traded on the Toronto Stock
Exchange under the symbol "PHX". 
PHX Energy Services Corp.
John Hooks
esident and Chief Executive Officer
(403) 543-4466 
PHX Energy Services Corp.
Cameron Ritchie
Senior Vice President, Finance and Chief Financial Officer
(403) 543-4466
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