Secure Energy Announces June 2014 Dividend
CALGARY, ALBERTA -- (Marketwired) -- 05/15/14 -- Secure Energy
Services Inc. ("Secure") (TSX: SES) is pleased to announce that its
Board of Directors has declared a dividend for the month of June 2014
of $0.0167 per common share ("Common Share") payable on or about June
16, 2014 to shareholders of record on June 1, 2014. The ex-dividend
date is May 28, 2014. This dividend is an eligible dividend for the
purpose of the Income Tax Act (Canada). Shareholders are reminded
that the Dividend Reinvestment Plan ("DRIP") is available to all
eligible shareholders. To be an eligible shareholder, a shareholder
must be resident in Canada and must not be a "U.S. person" within the
meaning of U.S. federal securities laws.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the securities in the United States,
in any province or territory of Canada or in any other jurisdiction.
The securities to be offered have not been, and will not be,
registered under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act") or any U.S. state securities laws and may
not be offered or sold in the United States absent registration or
absent an applicable exemption from the registration requirements of
the U.S. Securities Act and applicable U.S. state securities laws.
ABOUT SECURE ENERGY SERVICES INC.
Secure is a TSX publicly traded energy services company that provides
safe and environmentally responsible fluids and solids solutions to
the oil and gas industry.
The Corporation operates three divisions:
Processing, Recovery and Disposal Division ("PRD"): Operating under
the name Secure Energy Services Inc., the PRD division owns and
operates midstream infrastructure that provides processing, storing,
shipping and marketing of crude oil, oilfield waste disposal and
recycling. Specifically these services are clean oil terminalling,
custom treating of crude oil, crude oil marketing, produced and waste
water disposal, oilfield waste processing, landfill disposal, and oil
purchase/resale service. Secure currently operates a network of
facilities throughout western Canada and in North Dakota, providing
these services at its full service terminals, landfills and
stand-alone water disposal facilities.
Drilling Services Division ("DS"): Operating under the name Marquis
Alliance Energy Group Inc. (together with its wholly owned
subsidiaries "Marquis Alliance"), the trade name XL Fluid Systems,
and the name Target Rentals Ltd, the DS division provides equipment
and chemicals for building, maintaining, processing and recycling of
drilling and completion fluids. The drilling fluids service line
comprises the majority of the revenue for the division which includes
the design and implementation of drilling fluid systems for producers
drilling for oil, bitumen and natural gas. The DS division focuses on
providing products and systems that are designed for more complex
wells, such as medium to deep wells, horizontal wells and horizontal
wells drilled into the oil sands.
On Site Division ("OS"): The OnSite Services division was established
April 1, 2013 as a result of the Frontline Integrated Services Ltd.
("Frontline") acquisition. Operating under the name of Frontline, the
operations of the OS division include environmental services which
provide pre-drilling assessment planning, drilling waste management,
remediation and reclamation of former wellsites, facilities,
commercial, and industrial properties, and laboratory services;
integrated water solutions which include water management, recycling,
pumping and storage solutions; "CleanSite" waste container services;
pipeline integrity (inspection, excavation, repair, replacement and
rehabilitation); demolition and decommissioning. These services are
offered throughout the WCSB.
Secure Energy Services Inc.
Chairman, President and CEO
Secure Energy Services Inc.
Executive Vice President and CFO
(403) 984-6101 (FAX)
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