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Twin Butte Energy confirms November dividend payment

Thursday, November 15, 2012 10:58 AM


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.

Twin Butte Energy Ltd.

Jim Saunders
President and Chief Executive Officer
Tel: (403) 215-2040
Fax: (403) 215-2055

R. Alan Steele
Vice President, Finance, Chief Financial Officer and Corporate Secretary
Tel: (403) 215-2692
Fax: (403) 215-2055

Website:  www.twinbutteenergy.com

(Source: CNW )
(Source: Quotemedia)

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