OKLAHOMA CITY, Aug. 7, 2013 /PRNewswire/ - Equal Energy Ltd. (NYSE:EQU) (TSX:EQU.TO) today announced that its board of directors declared a quarterly cash dividend on Equal's common stock for the third quarter of 2013. The dividend is payable on September 25, 2013 at a rate of US$0.05 per share based on a record date of September 2, 2013. Equal Energy is an oil and gas exploration and production company based in Oklahoma City, Oklahoma. Our oil and gas assets are centered on the Hunton liquids-rich natural gas property in Oklahoma. Our shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (EQU). Our convertible debentures are listed on the Toronto Stock Exchange under the symbols EQU.DB.B. SOURCE Equal Energy Ltd.