CALGARY, Sept. 19, 2011 /CNW/ - (TSX: PMT) - Perpetual Energy Inc.
("Perpetual" or the "Corporation") announces that its dividend to be
paid on October 17, 2011 in respect of income received by Perpetual for
the month of September 2011, for shareholders of record on September
30, 2011, will be $0.015 per share. The ex-dividend date is September
28, 2011. The September 2011 dividend brings cumulative dividends
(including distributions paid since the inception of Perpetual's
predecessor, Paramount Energy Trust) to $14.519 per share. Perpetual
reviews dividends on a monthly basis. Future dividends are subject to
change as dictated by commodity price markets, operations, capital
considerations and future business development opportunities.
Forward Looking Information
Certain information regarding Perpetual in this news release including
management's assessment of future plans and operations above may
constitute forward-looking statements under applicable securities laws.
The forward looking information includes, without limitation,
statements regarding future dividends. Various assumptions were used in
drawing the conclusions or making the forecasts and projections
contained in the forward-looking information contained in this press
release, which assumptions are based on management analysis of
historical trends, experience current conditions and expected future
developments pertaining to Perpetual and the industry in which it
operates as well as certain assumptions regarding the matters outlined
above. Forward-looking information is based on current expectations,
estimates and projections that involve a number of risks, which could
cause actual results to vary and in some instances to differ materially
from those anticipated by Perpetual and described in the
forward-looking information contained in this press release. Undue
reliance should not be placed on forward-looking information, which is
not a guarantee of performance and is subject to a number of risks or
uncertainties, including without limitation those described under "Risk
Factors" in the Corporation's MD&A for the year ended December 31, 2010
and those included in reports on file with Canadian securities
regulatory authorities which may be accessed through the SEDAR website
(www.sedar.com) and at Perpetual's website (www.perpetualenergyinc.com). Readers are cautioned that the foregoing list of risk factors is not
exhaustive. Forward-looking information is based on the estimates and
opinions of Perpetual's management at the time the information is
released and Perpetual disclaims any intent or obligation to update
publicly any such forward-looking information, whether as a result of
new information, future events or otherwise, other than as expressly
required by applicable securities laws.
Perpetual is a natural gas-focused Canadian Corporation. Perpetual's
shares and convertible debentures are listed on the Toronto Stock
Exchange under the symbol "PMT" and "PMT.DB.C", "PMT.DB.D" and
"PMT.DB.E", respectively. Further information with respect to Perpetual
can be found at its website at www.perpetualenergyinc.com.
The Toronto Stock Exchange has neither approved nor disapproved the
information contained herein.
SOURCE Perpetual Energy Inc.
For further information:
| Perpetual Energy Inc. |
Suite 3200, 605 - 5 Avenue SW Calgary, Alberta, Canada T2P 3H5
Telephone: 403 269-4400 Fax: 403 269-4444 Email: firstname.lastname@example.org
| Sue Riddell Rose |
| President and Chief Executive Officer |
Vice President, Finance and Chief Financial Officer