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Press release from CNW Group

Twin Butte Energy confirms April dividend payment

Monday, April 16, 2012

Twin Butte Energy confirms April dividend payment10:57 EDT Monday, April 16, 2012CALGARY, April 16, 2012 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte" or the "Company") confirms that its cash dividend in respect of April 2012 production will be $0.015 per share. The eligible dividend will be paid on May 15, 2012 to shareholders of record on April 30, 2012. The ex-dividend date is April 26, 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". 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