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GERRITY OIL & GAS DECLARES DIVIDEND

 DENVER, Jan. 14 /PRNewswire/ -- The board of directors of Gerrity Oil & Gas Corp. (NYSE: GOG) declared a dividend of $3.00 per share ($.375 per Depositary Share) on the company's $12.00 Convertible Preferred Stock. The cash dividend is payable on Feb. 15, 1994, to stockholders of record on Jan. 31, 1994.
 Denver-based Gerrity Oil & Gas drills low-risk oil and gas development wells in the Denver-Julesburg Basin of Colorado and Wyoming.
 -0- 1/14/94
 /CONTACT: Greg Barnett of Gerrity Oil & Gas, 303-757-1110/
 (GOG)


CO: Gerrity Oil & Gas Corp. ST: Colorado IN: OIL SU: DIV

BB -- DV005 -- 1229 01/14/94 13:29 EST
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Publication:PR Newswire
Date:Jan 14, 1994
Words:104
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