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SNYDER OIL DECLARES DIVIDENDS

 SNYDER OIL DECLARES DIVIDENDS
 FORT WORTH, Texas, June 3 /PRNewswire/ -- Snyder Oil Corporation


(NYSE: SNY) ("SOCO") today declared second quarter dividends to holders of its common and convertible preferred stock.
 The dividends are payable June 30, 1992, to stockholders of record on June 15, 1992, at the rate of $.05 per common share and $1.00 per preferred share. SOCO indicated that it had accelerated its common dividend by 45 days to conform with the preferred dividend payment schedule.
 SOCO is engaged in the production, development, acquisition and exploration of oil and gas properties and in natural gas processing and transportation. The company's common and convertible preferred shares are traded on the New York Stock Exchange under the symbols "SNY" and "SNY Pr."
 -0- 6/3/92
 /CONTACT: Patti J. Irwin, vice president of Snyder Oil, 817-882-5902/
 (SNY) CO: Snyder Oil Corporation ST: Texas IN: OIL SU: DIV


GK -- NY031 -- 6585 06/03/92 11:07 EDT
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Publication:PR Newswire
Date:Jun 3, 1992
Words:157
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