Friday, May 15, 2015

Canadian Energy Services & Technology Corp. - CEU.t

Canadian Energy Services & Technology Corp. - CEU.t is a leading provider of technically advanced consumable chemical solutions throughout the life-cycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market.

On May 15, 2015 the company released News

Canadian Energy Services & Technology Corp. ("CES" or the “Company”) (TSX: CEU)(OTCQX: CESDF) is pleased to report on its financial and operating results for the three months ended March 31, 2015. Further, CES announced today that it will pay a cash dividend of $0.0275 per common share on June 15, 2015 to the shareholders of record at the close of business on May 29, 2015.

CESTC is also pleased to announce today the appointment of Mr. Philip J. Scherman, FCA, ICD.D, to the Board of Directors. Mr. Scherman is a chartered accountant and currently sits on the board of Mullen Group Ltd. and Parallel Energy Trust. He is also a member of the audit committee of the Province of Alberta and The Calgary Foundation. Mr. Scherman has served on the boards of a number of not-for-profit organizations. Prior thereto, Mr. Scherman was an engagement partner at KPMG from 1982 to 2012 for public and private energy and energy service entities. Mr. Scherman also served on the KPMG Canada Board of Directors for six years. Mr. Scherman is a member of the Canadian and Alberta Institutes of Chartered Accountants and has been awarded the Fellow of the Chartered Accountants designation.



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