Just The Facts

Who is Involved:
     - Excelaron was established in 2006 as a small business enterprise in
        San Luis Obispo for the sole purpose of continuing the exploration of the
        remote DOGGR designated oilfield on Mankins' Ranch for potential oil
        reserves.

What is Planned:
     - Excelaron plans to explore for oil reserves on an existing DOGGR designated
        oilfield in a remote area of the Mankins' Ranch in the foothills adjacent to
        Huasna Valley.
     - Excelaron has committed to conducting a full Environmental Impact Report
        under the California Environmental Quality Act (CEQA).
     - Excelaron is committed to working with the community and has incorporated
        their comments into the project description for the CEQA review.
     - The project description includes four phases, each of which will be analyzed
        under the CEQA review;
          o Phase One will include exploration and testing to see if commercial
             production of oil on the site is viable. This will include drilling up to four
             test wells on three existing pads secluded in the foothills.
          o Phase Two is contingent upon economically feasible and commercially
             viable production reserves. Excelaron will construct permanent tank farm
             facilities in a secluded area of Mankins' Ranch surrounded by the hilly
             terrain east of Newsom Ridge and Loma Pelona.
          o Phase Three would be initiated should the exploration phase not provide
             successful results. Excelaron has committed to cleaning the entire site
             an properly plugging and abandoning the test wells and restoring the
             area to its natural state.
          o Phase Four will occur if long-term commercial production of the field is
             viable. Excelaron proposes an expansion to a maximum of 12 wells, all
             located within the original 260 acres previously explored.

Why explore in an area that has had previous exploration?
     - Current technology will allow for Excelaron to explore this site more
        extensively than previous oil exploration efforts. Today’s cutting-edge
        technology will allow for definitive exploration to determine if long-term
        commercial oil production is viable at this site.