Jayar Property

Property Description

• Located in Townships 61-62, Ranges 2-4  W6M, approximately 80 kilometers   southeast  of Grande Prairie, Alberta
• 7,680 acres (gross), 12 sections (gross)
• 992.87 (net), 1.55 sections (net)

Geology

• Primary producing horizon is the Dunvegan from 7 main zones

Product Quality

• Sweet 40^o Oil + 1,175 BTU Gas & NGL’s

Ownership Interest and Operatorship

• 85.5% Operated Working Interest by Twin Butte Energy Ltd.
• 14.5% Working Interest to Exall Energy Corporation

Production

• 16 producing wells
• Currently producing approximately 500 boe/d (6:1)

Capital Expenditures

• Currently reworking and drilling new development wells 

Net to Exall

• Currently approximately 70 boe/d

Facilities

• Expansion underway from 3 million to 10 million cu ft/day
• Expected to process third party gas and liquids during 2006 and beyond