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Press release from CNW Group

Twin Butte Energy confirms December dividend payment

Monday, December 17, 2012

Twin Butte Energy confirms December dividend payment11:00 EST Monday, December 17, 2012CALGARY, Dec. 17, 2012 /CNW/ - 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.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