Energy West, Incorporated Announces Monthly Dividend of $0.04 Per Share

2008-07-25 15:30:00

Energy West, Incorporated Announces Monthly Dividend of $0.04 Per Share

    GREAT FALLS, Mont., July 25 /EMWPresswire/ -- Energy West,

Incorporated (Nasdaq: EWST), a natural gas utility and energy marketing

company, announced that its Board of Directors declared a monthly dividend

of $0.04 per share to shareholders of record as of July 17, 2008. The

dividend will be payable on July 31, 2008.



    About Energy West



    Energy West, Incorporated distributes and sells natural gas to end-use

residential, commercial, and industrial customers. It distributes

approximately 23 billion cubic feet of natural gas to approximately 36,000

customers through regulated utilities operating in Montana, Wyoming, North

Carolina and Maine. The company markets approximately 1.6 billion cubic

feet of natural gas to commercial and industrial customers in Montana and

Wyoming on an unregulated basis. The company also has a majority ownership

interest in 162 natural gas producing wells and gas gathering assets. In

addition, the company owns the Shoshone interstate and the Glacier

gathering pipelines located in Montana and Wyoming. The company's Montana

public utility was originally incorporated in 1909 and is headquartered in

Great Falls, Montana.



    Safe Harbor Regarding Forward-Looking Statements



    The company is including the following cautionary statement in this

release to make applicable and to take advantage of the safe harbor

provisions of the Private Securities Litigation Reform Act of 1995 for any

forward-looking statements made by, or on behalf of, Energy West.

Forward-looking statements are all statements other than statements of

historical fact, including, without limitation, those that are identified

by the use of the words "anticipates," "estimates," "expects," "intends,"

"plans," "predicts," "believes" and similar expressions. Such statements

are inherently subject to a variety of risks and uncertainties that could

cause actual results to differ materially from those expressed. Factors

that may affect forward-looking statements and the company's business

generally include but are not limited to the company's continued ability to

make dividend payments, the company's ability to implement its business

plan, fluctuating energy commodity prices, the possibility that regulators

may not permit the company to pass through all of its increased costs to

its customers, changes in the utility regulatory environment, wholesale and

retail competition, weather conditions, litigation risks, risks associated

with contracts accounted for as derivatives and various other matters, many

of which are beyond the company's control, the risk factors and cautionary

statements made in the company's public filings with the Securities and

Exchange Commission, and other factors that the company is currently unable

to identify or quantify, but may exist in the future. Energy West expressly

undertakes no obligation to update or revise any forward-looking statement

contained herein to reflect any change in Energy West's expectations with

regard thereto or any change in events, conditions or circumstances on

which any such statement is based.



    For additional information or clarification regarding Energy West,

please contact: Kevin Degenstein, President and Chief Operating Officer, at

(406) 791-7500.



    The company's toll-free number is (800) 570-5688. The company's web

site is http://www.energywest.com. The company's address is 1 First Avenue

South, Great Falls, Montana 59401.





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