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Oil & Gas Journal

By OGJ editors
HOUSTON, Sept. 2 -- XXL Energy Corp., Vancouver, BC, formerly Exxel Energy Corp., completed two acreage acquisitions in the Green River basin of Wyoming.

The acquisitions include acreage contiguous with XXL holdings in the Greater Jade area northwest of Wamsutter in northeastern Sweetwater County. The lands were acquired from a public company in privately negotiated transactions.

Acreage in one transaction is in an area of mutual interest with some of XXL's partners in the basin and will be offered to them as part of a previous agreement.

After that offering, XXL will have acquired more than 7,000 net acres in the basin, its Jade position will increase to 17,000 net acres, and its overall position in the basin will increase to 35,000 net acres.