Strategy

Twin Butte plans on completing a 2007 capital program of $45 to $50 million. Existing tax losses and pools in excess of $150 million position the Company well to pursue an aggressive acquisition strategy in addition to the base capital program. The management team and Board of Directors is focused on cost effective per share growth in reserves, production and cash flow. This will be achieved by exploiting the existing asset base with integration of accretive acquisitions. The experienced management team and strong Board of Directors positions the Company for future success.