Strategy

Twin Butte is following a “Acquire, Exploit, Explore” strategy model that relies on the strength of its experienced management team and Board of Directors. The Company is committed to growing into a strong junior/intermediate E&P company, with production of over 15,000 boe/d over the next two years.  The Company intends to focus future growth in the Deep Basin areas of Ansell and Jayar, and the conventional heavy oil area of Frog Lake. Both of these areas provide repeatable plays on our current lands with lower risk wells at Frog Lake and strong, long life growth potential in the Deep Basin. The Company will continue to maximize value from its other areas and may look to sell assets at various times to provide additional funds for growth in core areas and to provide balance sheet flexibility.  Twin Butte has over $300 million of current tax pools which will allow growth while minimizing the payment of current taxes.