Steel Reef Announces $0.015 per Common Share Dividend
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 08/18/16 -- Steel Reef Infrastructure Corp. -
President's Message
On behalf of the Management of Steel Reef Infrastructure Corp. ("Steel Reef" or the "Company") I am pleased to report our financial and operational results for the second quarter of 2016.
On August 18, 2016 Steel Reef declared a dividend of $0.015 per common share for the second quarter of 2016 payable on September 15, 2016 to all shareholders of record as of September 5, 2016.
Construction of the sour gas processing facility located in the Alameda area of Southeast Saskatchewan is proceeding as planned and commissioning continues to be expected in the fourth quarter of 2016.
Steel Reef is well positioned for future growth in this challenging energy market with a cash of balance in excess of $32 million and no amounts drawn on its $60 million credit facility at the beginning of the third quarter of 2016.
Thank you for your continued support,
Scott Southward, President and Chief Executive Officer
Contacts:
Steel Reef Infrastructure Corp.
Scott Southward
President and Chief Executive Officer
403.263.8333
403.237.9464 (FAX)
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Datum: 18.08.2016 - 21:13 Uhr
Sprache: Deutsch
News-ID 490043
Anzahl Zeichen: 0
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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