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Twin Butte Energy Ltd. is a growth orientated junior oil & gas company based in Calgary, Alberta that trades on the TSX under the symbol "TBE". On November 13, 2011 Twin Butte Energy Ltd announced plans to acquire Emerge Oil & Gas Inc. and to convert to a dividend paying corporation. The combined Company will be approximately 13,500 boe/d of production with a focus on heavy oil in the greater Lloydminster area on both the Alberta and Saskatchewan sides of the border. Twin Butte is planning to pay an annual dividend of $0.18 per share ($0.015 monthly) while providing moderate production growth of 3-5%. The combined Company's production will be weighted approximately 70% to heavy oil, 8% to light oil and NGL's and 22% to natural gas.