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SNYDER OIL DECLARES FIRST PREFERRED DIVIDEND

 SNYDER OIL DECLARES FIRST PREFERRED DIVIDEND
 FORT WORTH, Texas, Dec. 5 /PRNewswire/ -- Snyder Oil Corporation


(SOCO) (NYSE: SNY) today declared a fourth quarter 1991 dividend to holders of its convertible exchangeable preferred stock at the rate of $.38 per share. The prorated dividend on the preferred issue is payable Dec. 31, 1991 to stockholders of record on Dec. 16, 1991.
 SOCO is an independent oil corporation engaged in the production, development, acquisition and exploration of domestic oil and gas properties and in natural gas processing and transportation.
 -0- 12/5/91
 /CONTACT: Patti J. Irwin, vice president of Snyder Oil, 817-882-5902/
 (SNY) CO: Snyder Oil Corporation ST: Texas IN: OIL SU: DIV


JT -- NY106 -- 9912 12/05/91 18:33 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 5, 1991
Words:121
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