Twin Butte Energy confirms January dividend payment

CALGARY, Jan. 15, 2013 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte" or the "Company") confirms that its cash dividend in respect of January 2013 production will be $0.016 per share. The eligible dividend will be paid on February 15, 2013 to shareholders of record on January 31, 2013. The ex-dividend date is January 29, 2013. 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
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Fax: [phone]

R. Alan Steele
Vice President, Finance, Chief Financial Officer and Corporate Secretary
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Website:  www.twinbutteenergy.com