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Twin Butte Energy confirms December dividend payment
CALGARY, Dec. 17, 2012, 2012 (Canada NewsWire via COMTEX) --
Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte" or the "Company") confirms that its cash dividend in respect of December 2012
production will be $0.016 per share. The eligible dividend will be paid
on January 15, 2013 to shareholders of record on December 31, 2012. The
ex-dividend date is December 27, 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.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2012/17/c9434.html
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
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