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Twin Butte Energy Ltd.

04:10 PM EST - Twin Butte Energy Ltd. : provided an update on our third quarter activities. The Company anticipates the third quarter to be one of its most active. The Company anticipate a minimum of 25 gross wells will be drilled while expending approximately $13 million net of dispositions. To date, 21 of these planned wells have been cased with an overall success rate of 95 percent. Twin Butte Energy Ltd. shares T.TBE are trading down 3 cents at $1.35.