Twin Butte Energy confirms July dividend payment

CALGARY, July 16, 2012 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte" or the "Company") confirms that its cash dividend in respect of July 2012 production will be $0.015 per share. The eligible dividend will be paid on August 15, 2012 to shareholders of record on July 31, 2012. The ex-dividend date is July 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.

For further information:

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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Twin Butte Energy Ltd.

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