CALGARY, Oct. 15, 2015 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte") confirms that its cash dividend in respect of October 2015 production will be $0.003 per share. The eligible dividend will be paid on November 16, 2015 to shareholders of record on October 31, 2015. The ex-dividend date is October 28, 2015. 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 in place, play types. Twin Butte provides shareholders with a monthly dividend along with growth potential over the 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., Rob Wollmann, President & CEO; R. Alan Steele, Vice President, Finance, Chief Financial Officer and Corporate Secretary, Tel: (403) 215-2045, Website: www.twinbutteenergy.com