CALGARY, May 15, 2015 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte") is pleased to announce the voting results from its annual and special meeting of shareholders held on May 15, 2015. A total of 147,093,194 common shares, representing approximately 42% of Twin Butte's issued and outstanding shares, were represented in person or by proxy at the meeting.
The following nominees were elected as directors of Twin Butte for the ensuing year, with the specific voting results being as follows:
Nominee |
Votes For |
% For |
Votes Withheld |
% Withheld |
R. James Brown |
140,021,982 |
99.6 |
528,982 |
0.4 |
John A. Brussa |
126,893,847 |
90.3 |
13,579,538 |
9.7 |
David M. Fitzpatrick |
139,893,239 |
99.6 |
580,146 |
0.4 |
Thomas J. Greschner |
137,890,038 |
98.2 |
2,583,347 |
1.8 |
James Saunders |
139,625,447 |
99.4 |
847,938 |
0.6 |
Warren D. Steckley |
139,956,994 |
99.6 |
516,191 |
0.4 |
William A. Trickett |
139,584,460 |
99.4 |
888,925 |
0.6 |
In addition, all other resolutions presented at the meeting were approved by Twin Butte's shareholders, including the appointment of PricewaterhouseCoopers LLP as auditors and the approval of all unallocated share awards under Twin Butte's share award incentive plan. Detailed voting results for all resolutions will be posted under Twin Butte's profile at www.sedar.com.
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 dividend and growth potential over the 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.
Twin Butte Energy Ltd.: Rob Wollmann, President and Chief Executive Officer; R. Alan Steele, Vice President Finance, Chief Financial Officer and Corporate Secretary; Jim Saunders, Executive Chairman; Tel: (403) 215-2045, Website: www.twinbutteenergy.com
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