Twin Butte Energy Ltd TBTEF

Feb dividend

[blondeBond]

CALGARY, Feb. 13, 2015 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte") confirms that its cash dividend in respect of February 2015 production will be $0.01 per share. The eligible dividend will be paid on March 16, 2015 to shareholders of record on February 28, 2015. The ex-dividend date is February 25, 2015. These dividends are designated as "eligible dividends" for Canadian income tax purposes.

As stated in Twin Butte's December 18, 2014 press release, commencing with the January 2015 dividend payable on February 17, 2015, Twin Butte's Dividend Reinvestment Plan ("DRIP") and Stock Dividend Plan ("SDP") will be suspended until further notice. Shareholders who had elected to participate in the DRIP or SDP will receive cash dividends on the payment date. Registered shareholders that were enrolled in the DRIP and SDP when the plans are suspended will remain enrolled at reinstatement and will automatically resume participation in the DRIP and SDP if, and when, the DRIP and SDP are reinstated.