Dec 7 (Reuters) - PHX Energy Services Corp PHX.TO :
* BOARD HAS APPROVED REINSTATEMENT OF A QUARTERLY DIVIDEND
PROGRAM
AND ITS 2021 CAPITAL EXPENDITURES PROGRAM
* SETS QUARTERLY CASH DIVIDEND OF C$0.025PER SHARE
* BOARD HAS APPROVED PRELIMINARY 2021 CAPITAL EXPENDITURE
PROGRAM
OF $15 MILLION
* PHX ENERGY SERVICES - PROGRAM ANTICIPATED TO PRINCIPALLY
BE
ALLOCATED TOWARD EXPANDING CO'S VELOCITY & ATLAS HIGH
PERFORMANCE DRILLING TECHNOLOGY FLEETS
Source text for Eikon: ID:nGNX495YCt
Further company coverage: PHX.TO
((Reuters.Briefs@thomsonreuters.com;))