Castle Energy Announces First Quarter Dividend.

RADNOR Radnor may refer to:

Radnor Lake State Park in Nashville, Tennessee
Radnor Township, Pennsylvania
Radnor High School
Radnorshire, Wales
New Radnor
Radnor TWP, Ohio

, Pa.--(BUSINESS WIRE)--Jan. 12, 1999--Castle Energy Corp. (Nasdaq-NNM:CECX)(the "Company") announced that its Board of Directors has declared a dividend of $.15 per share payable on Jan. 15, 1999, to holders of record on Jan. 11, 1999.

The dividend declaration is pursuant to the Company's policy of paying regular quarterly dividends on its common stock. As with any company, the declaration and payment of future dividends are subject to the discretion of the Board of Directors and other factors.

The Company currently owns interests in approximately 300 oil and gas wells located primarily in the Appalachian Ap`pa`la´chi`an

a. 1. Of or pertaining to a chain of mountains in the United States, commonly called the Allegheny ltname> mountains.

Noun 1. basin and a gas sales contract Sales Contract

Contract between a seller and buyer for the sale of goods, services, or both. with Lone Star Lone Star (or Lonestar) may refer to:

Lone Star Flag, the official flag of the State of Texas
The Lone Star State, an official nickname for the State of Texas; derived from the flag

Gas Company which expires May 31, 1999.

Castle Energy Corp. is not affiliated with Castle Oil Corp.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Jan 12, 1999
Words:	125
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Topics:	Gas industry Natural gas Petroleum Petroleum industry

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