Gibson Energy Inc. Declares Initial Dividend

About this update from Gibson Energy Inc.

[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Aug. 17, 2011 /CNW/ - Gibson Energy Inc. (\"Gibson\" or the\n \"Company\") today announced that its Board of Directors has declared a\n dividend on its outstanding common shares of $0.28 per common share for\n the period from and including June 15, 2011 to September 30, 2011. \n This equates to Gibson's expected initial quarterly dividend rate of\n $0.24 per share.  The dividend will be payable on October 21, 2011 to\n common shareholders of record at the close of business on September 30,\n 2011.\n\n\nAbout Gibson\n\n\nGibson is one of the largest independent midstream energy companies in\n Canada and a major participant in the crude oil transportation business\n in the United States, and is engaged in the movement, storage,\n blending, processing, marketing and distribution of crude oil,\n condensate, natural gas liquids, and refined products. Gibson\n transports hydrocarbons by utilizing its integrated network of\n terminals, pipelines and truck fleet, located throughout western Canada\n and the United States.\n\n\nGibson shares trade on the Toronto Stock Exchange under the symbol GEI.\n\n\nGibson's primary objective is to generate stable and growing cash flows\n for shareholders through an attractive dividend and a growing asset\n base.\n\n\nForward-Looking Statements\n\n\nCertain statements contained in this news release constitute\n forward-looking statements. These statements relate to future events or\n the Company's future performance. All statements other than statements\n of historical fact are forward-looking statements. The use of any of\n the words ''anticipate'', ''plan'', ''contemplate'', ''continue'',\n ''estimate'', ''expect'', ''intend'', ''propose'', ''might'', ''may'',\n ''will'', ''shall'', ''project'', ''should'', ''could'', ''would'',\n ''believe'', ''predict'', ''forecast'', ''pursue'', ''potential'' and\n ''capable'' and similar expressions are intended to identify\n forward-looking statements. These statements involve known and unknown\n risks, uncertainties and other factors that may cause actual results or\n events to differ materially from those anticipated in such\n forward-looking statements. Although the Company believes these\n statements to be reasonable, no assurance can be given that these\n expectations will prove to be correct and such forward-looking\n statem...

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