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NORTH COAST ENERGY, INC. DECLARES QUARTERLY DIVIDEND ON ITS SERIES B CUMULATIVE CONVERTIBLE PREFERRED STOCK

 CLEVELAND, Dec. 6 /PRNewswire/ -- The board of directors of North Coast Energy, Inc. (NASDAQ: NCEB), a growing independent oil and gas exploration and development company, declared the regular cash dividend payment on the company's Series B Cumulative Convertible Preferred Stock. The quarterly cash dividend payment is $0.25 per share payable on Dec. 31, 1993 to shareholders of record as of Dec. 15, 1993.
 North Coast Energy Series B Cumulative Convertible Preferred Stock trades on NASDAQ under the symbol NCEBP. The company's common stock is also traded on the NASDAQ Small Cap Market under the symbol NCEB.
 -0- 12/6/93
 /CONTACT: Vicki Matjasic, share owner services, of North Coast Energy, Inc., 216-663-1668/
 (NCEBP NCEB)


CO: North Coast Energy, Inc. ST: Ohio IN: OIL SU: DIV

BM-KL -- CL007 -- 0653 12/06/93 09:25 EST
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Publication:PR Newswire
Date:Dec 6, 1993
Words:135
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