XXL Energy Corp. announced that Exxel Energy (USA) Inc., entered into a business loan agreement dated December 17, 2019 with the Jonah Bank of Wyoming in the amount of USD 3,275,000 (the 'Loan'). The Loan has an interest rate of 6% per annum, a maturity date of December 17, 2024 and is secured by the Pinedale Assets.