FORT WORTH, Texas, March 2 /PRNewswire/ -- Snyder Oil Corporation
(NYSE: SNY) ("SOCO") today declared first quarter dividends to holders of its
common stock. The dividends are payable at the rate of $.065 per common
share. The record date for the dividends will be March 13, 1998. The payment
date will be March 31, 1998.
SOCO is engaged in the production, development, acquisition, and
exploration of domestic oil and gas properties, primarily in the Gulf of
Mexico, the Rockies and northern Louisiana. The Company also has investments
in two international exploration and production companies, SOCO International
plc and Cairn Energy plc. The Company's shares are traded on the New York
Stock Exchange under the symbol "SNY".
SOURCE Snyder Oil Corporation
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CONTACT:
Rodney L. Waller of Snyder Oil Corporation,
817-882-5937
CNOC: http://www.prnewswire.com, or fax 800-758-5804, ext.
118962
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