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Exxel Energy Snapshot
XXL Energy (formerly Exxel Energy) seeks to excel in its oil and gas exploration and production operations in Canada and the US. Focusing on developing unconventional natural gas assets, the company operates primarily in Colorado, Nevada, North Dakota, Washington and Wyoming, as well as in Alberta. It has active working interest in properties in the Green River Basin of Wyoming, the Williston Basin in North Dakota, and the Columbia River Basin in Washington. The downturn in the oil market put severe pressure on the operating margins of the company in 2009.
