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SNYDER OIL DECLARES PREFERRED DIVIDEND

 SNYDER OIL DECLARES PREFERRED DIVIDEND
 FORT WORTH, Texas, March 6 /PRNewswire/ -- Snyder Oil Corporation


(NYSE: SNY) ("SOCO") today declared a first quarter 1992 dividend to holders of its convertible exchangeable preferred stock at the rate of $1.00 per share. The dividend on the preferred issue is payable March 31, 1992 to stockholders of record on March 16, 1992.
 SOCO is engaged in the production, development, acquisition and exploration of oil and gas properties and in natural gas processing and transporation. The company's common and convertible preferred shares are traded on the New York Stock Exchange under the symbols "SNY" and "SNY Pr".
 -0- 3/6/92
 CONTACT: Patti J. Irwin, vice president of Snyder Oil Corporation, 817-882-5902.
 (SNY) CO: Snyder Oil Corporation ST: Texas IN: OIL SU: DIV


AH -- NY034 -- 5874 03/06/92 12:44 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 6, 1992
Words:138
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