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GULF CANADA RESOURCES DECLARES DIVIDENDS

 CALGARY, Feb. 18 /PRNewswire/ -- The board of directors of Gulf Canada Resources Limited has declared a dividend for the month of February on the company's Fixed/Adjustable Rate Senior Preference Shares, Series 1. The dividend is payable, in an amount to be determined under the terms of those preference shares, on March 12 to shareholders of record at the close of business on Feb. 26, 1993.
 A dividend has also been declared for the month of March on the company's Redeemable Auction Perpetual Senior Preference Shares, Series 2, payable in an amount to be determined under the terms of those preference shares on March 11 to shareholders of record at the close of business on March 3, 1993.
 -0- 2/18/93
 /CONTACT: John Sparks, manager-public affairs of Gulf Canada Resources Limited, 403-233-4049/
 (GOU)


CO: Gulf Canada Resources Limited ST: Alberta IN: OIL SU: DIV

SM -- NY092 -- 8152 02/18/93 17:42 EST
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Publication:PR Newswire
Date:Feb 18, 1993
Words:154
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