CALGARY, July 16, 2013 /CNW/ - Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX:SES) is pleased to announce that its Board of Directors has declared a dividend for the month of August of $0.0125 per common share ("Common Share") payable on or about August 15, 2013 (the "August 2013 Dividend") to shareholders of record on August 1, 2013. The ex-dividend date is July 30, 2013. 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 focuses on providing specialized services to upstream oil and natural gas companies.
The Corporation operates three divisions:
Processing, Recovery and Disposal Division: Operating under the name Secure Energy Services Inc., the Processing, Recovery and Disposal Services Division focuses on 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.
Drilling Services Division: Operating under the name Marquis Alliance Energy Group Inc. ("Marquis Alliance"), the trade name XL Fluids Systems ("XL Fluids") and the trade name Imperial Drilling Fluids Engineering ("IDF"), the Drilling Services Division focuses on drilling fluid systems, solids control, equipment rental service, drilling waste management and environmental services. The drilling fluids service line includes the design and implementation of drilling fluid systems for producers drilling for oil, bitumen and natural gas.
On Site Division: Operating under the name Frontline Integrated Services Ltd. ("Frontline"), the On Site Division offers fully integrated services supporting the energy, resource, pipeline and civil construction industries in Western Canada. The division offers a full spectrum of services to include the full life cycle of pipeline and facility operations, waste management, asset management and recovery as well as civil, remediation and reclamation earthworks.