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Twin Butte Energy announces election of directors

CALGARY, May 15, 2014 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE.TO - News) ("Twin Butte") is pleased to announce that the nominees listed in the management proxy circular dated March 28, 2014 were elected as directors of Twin Butte. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below.

ELECTION OF DIRECTORS

On a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Twin Butte:

Nominee

Votes For

% For

Votes Withheld

% Withheld

R. James Brown

189,295,610

99.84

307,619

0.16

John A. Brussa

171,065,857

90.22

18,537,372

9.78

David M. Fitzpatrick

189,249,818

99.81

353,411

0.19

Thomas J. Greschner

189,129,255

99.75

473,974

0.25

James Saunders

189,327,219

99.85

276,010

0.15

Warren Steckley

189,304,715

99.84

298,514

0.16

William A. Trickett

173,757,246

91.64

15,845,983

8.36

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.