Twin Butte Energy Ltd. announced that it is increasing its monthly dividend by 6.7% from $0.015 to $0.016 per issued and outstanding common share. The increased dividend which is an eligible dividend for Canadian income tax purposes will be payable on December 14, 2012 to shareholders of record on November 30, 2012.

The company also announced that Colin Ogilvy, Vice President, Land of the company, retired effective October 31, 2012.