CALGARY, Nov. 15, 2012 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte" or the "Company") confirms that its cash dividend in respect of November 2012
production will be $0.016 per share. The eligible dividend will be paid
on December 17, 2012 to shareholders of record on November 30, 2012.
The ex-dividend date is November 28, 2012. These dividends are
designated as "eligible dividends" for Canadian income tax purposes.
About Twin Butte:
Twin Butte Energy Ltd. is a dividend paying value oriented intermediate
producer with a significant low risk, high rate of return drilling
inventory focused on large original oil and gas in place play types.
With a stable low decline production base, Twin Butte is well
positioned to provide shareholders with a sustainable dividend with
growth potential over both the short and long term. Twin Butte is
committed to continually enhance its asset quality while focusing on
the sustainability of its dividend. The common shares of Twin Butte
are listed on the TSX under the symbol "TBE".
SOURCE: Twin Butte Energy Ltd.