DENVER, June 10, 2014 /PRNewswire/ -- Escalera
Resources Co. (NASDAQ: ESCR) reported today that its Board of
Directors declared a cash dividend on its 9.25% Series A Cumulative
Preferred Stock ("Series A Preferred Stock") in the amount of
$0.578125 per share, payable on
June 30, 2014 to stockholders of
record as of June 20, 2014. The
Series A Preferred Stock was issued on July
5, 2007 and trades on the NASDAQ Capital Market under the
symbol "ESCRP."
Annual Meeting of Stockholders
The Company will hold its 2014 Annual Meeting of Stockholders on
Tuesday, June 17, 2014, at
10:00 A.M. (Central Time). The
meeting will be held at the offices of Fulbright & Jaworski
LLP, Fulbright Tower, 1301 McKinney, Suite 5100, Houston, Texas 77010. The Company will
hold a Q&A session for stockholders after the meeting.
Please RSVP to RSVP@escaleraresources.com if you plan to
attend. Even if you plan to attend, the Company encourages
you to vote prior to the meeting.
About Escalera Resources Co.
Escalera Resources Co. ("Escalera") is headquartered in
Denver, CO, with executive offices
in Houston, TX and a regional
office in Casper, WY. Escalera
explores, develops and transports natural gas in the U.S., and is
seeking to own and operate similar assets internationally. These
efforts are accomplished through three operating groups: 1)
Escalera owns and operates various domestic natural gas producing
assets, 2) Escalera transports natural gas, currently through its
wholly owned subsidiary, Eastern Washakie Midstream LLC, which owns
and operates a midstream pipeline in Wyoming, and 3) Escalera Resources
International Co. LLC seeks to own and operate both upstream
E&P assets and midstream assets located internationally, with a
current focus on Eastern
Europe.
www.escaleraresources.com
SOURCE Escalera Resources Co.
