Aspen Exploration Corp. (OTC:ASPN) has announced a cash dividend of US 0.73 per share. Stockholders as of November 16, 2009 will receive payment on December 2, 2009. They will be paid with proceeds from the sale of the company’s oil and gas assets to Venoco.
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Aspen Exploration Corp is focused on the exploration and development of oil and gas properties in California. The company also has a significant working interest in oil wells in the Polar Field of Northern Montana. As of June 30, 2009, ASPN has not been involved in any business operations.
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