Tyner Resources Ltd.

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Tyner Resources Ltd.
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Forward Looking Statement

• This presentation includes certain Forward
  Looking Statements. All statements, other than
  statements of historical fact, are forward
  looking statements that involve various risks and
  uncertainties. There can be no assurances that
  such statements will prove accurate and actual
  results and future events could differ materially
  from those anticipated in such statements. Such
  information contained herein represents
  managements best judgment as of the date hereof
  based on information currently available. The
  company does not assume the obligation to update
  any forward-looking statement.
• September 22, 2005

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July 6, 2005 News Release

• TYNER ANNOUNCES DRILLING OF STEPHENS 1 WELL
• Tyner Resources Ltd., through its wholly owned
• subsidiary Tyner Texas Operating Company, as
  operator, has initiated drilling activity on
  Tyner's first Lower Bend shale well in the Palo
  Duro basin area of the Texas Panhandle. The new
  well, the Stephens No. 1 well, is located
  approximately one mile from Vintage Petroleum,
  Inc. (NYSE VPI) Echols No. 1 well in Motley
  county. The well has been permitted to a total
  depth of 10,000 feet. Tyner has a 93.75-per-cent
  working interest in the well, subject to a
  76-per-cent net revenue interest.

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July 6, 2005 News Release contd

• Grey Wolf Drilling Company mobilized the rig to
  the site on June 28, and all work in respect of
  road, pit and pad construction it now completed.
  The well is expected to take approximately 35
  days to drill, and an additional 20 to 45 days to
  attempt completions and production tests as
  required. The well drilling program is designed
  to evaluate the Lower Bend shale and the granite
  wash (Atoka sands).

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July 6, 2005 News Release contd

• J. Robby Robson, president and chief executive
  officer of Tyner Texas, commented on the well
  initiation "Tyner will aggressively pursue a
  drilling plan in the Palo Duro basin area,
  designed to confirm the presence of significant
  natural gas reserves, as evidenced by the tests
  conducted on the Cogdell No. 1 well. These tests
  resulted in approximately three million cubic
  feet per day day with associated condensate. We
  are very pleased to parallel Vintage Petroleum
  Inc., who have drilled two additional wells to
  date in the basin, subsequent to their purchase
  of the Cogdell No. 1 well and associated leases
  from Legacy Petroleum.

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July 6, 2005 News Release contd

• Tyner has acquired leases on 6,400 acres in the
  basin and has an option to acquire an additional
  6,400 acres, which based on 80-acre spacing would
  allow for a maximum of a 160-well program. The
  Stephens No. 1 well is projected to encounter the
  Lower Bend shale at approximately 8,400 feet
  depth and to test the Granite wash at 9,200 feet.
  The drilling of the Stephens No. 1 well should
  provide critical data to enhance the
  understanding of the Lower Bend shale structure
  and to develop an understanding of the reserve
  potential of the basin."

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SEPTEMBER 19, 2005 - TYNER SETS PRODUCTION CASING
STEPHENS 1 WELL DRILLED TO 9,500 FEET

• Tyner Resources Ltd.'s Stephens No. 1 well,
  located in Motley county, Texas, and operated by
  the company's wholly owned subsidiary, Tyner
  Texas Operating Company, has achieved a total
  vertical depth of 9,500 feet. This well is
  approximately one mile east of the Echols 2 No. 1
  well, which was recently completed by Vintage
  Petroleum. Tyner has a 93.75-per-cent working
  interest in the Stephens No. 1 well.
• The well penetrated the entire Lower Bend shale
  and the granite wash (Atoka) sands with total
  depth (TD) being 70 feet below the granite wash
  in the Mississippi lime. Based on a review of the
  well logs, Tyner Texas has set 5.5-inch
  production casing through the granite wash. J.
  Robby Robson, president and chief executive
  officer of Tyner Texas, reports that log analysis
  confirms penetration of approximately 1,000 feet
  of Lower Bend shale-containing gas and 24 net
  feet of potentially hydrocarbon-bearing granite
  wash sands.

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SEPTEMBER 19, 2005 contd

• Schlumberger Ltd., a leading oil field services
  company, is providing assistance to Tyner Texas
  in the interpretation of the well logs. It is the
  intention of Tyner, upon procurement of a
  completion rig, to initially perforate and
  complete the granite wash and subsequently to
  frac both the granite wash and targeted portions
  of the lower bend shale. Sidewall cores and drill
  cutting samples have been sent for independent
  analysis, the results of which are expected in
  three to four weeks. The completion program will
  begin shortly thereafter.
• Tyner has advised Bankers Petroleum (U.S.) that
  it is exercising its option to acquire an
  additional 6,400 acres in the project area, for a
  total of 12,800 acres. As consideration, and upon
  TSX Venture Exchange acceptance, Tyner will issue
  to Bankers 250,000 shares in its capital stock,
  in addition to repayment of the cash costs
  incurred by Bankers for the additional acreage.

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What Is Shale Gas?

• Essentially natural gas contained within a
  sequence of predominantly fine grained rocks
  dominated by shale.
• Unlike conventional hydrocarbon targets, gas
  shale acts both as a source for the generation of
  natural gas, as well as the reservoir rock for
  the storage of the gas.
• The gas is stored within the shale sequence in
  two primary methods
• The gas is stored within the shale sequence An
  absorbed gas phase onto kerogen (insoluble
  organic material).
• Free gas in the matrix porosity and fractures of
  the shale rock mass.

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Shale Gas Characteristics

• Gas shales are considered continuous type natural
  gas plays, large geographic areas and the
  reservoirs generally have long production life
• Most gas shales have very low permeability, low
  production rates and recovery factors are a
  fraction of conventional reservoirs.
• Shale gas wells flow at low rates but tend to
  produce at a stabilized rate for long periods of
  time

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Established Shale Gas Basins

• Barnett (Fort Worth Basin, Texas)
• Ohio (New York to West Virginia)
• Antrim (Michigan Basin)
• New Albany (Illinois)
• Lewis (Western Colorado)
• Fayetteville (Arkoma)

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Shale Gas BasinsContinental USA
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Barnett ShaleLargest Gas Shale Play

• In excess of 3,400 producing wells as at Dec.
  31st 2004
• Well completions at the rate of 1.5 per day (June
  2005)
• Daily production approximately 1 BCF
• Between 2.5 TCF 6 TCF recoverable reserves
  estimated
• Major player, Devon Energy Corp. (NYSEDVN) with
  over 800 producing wells and 500,000 MCF per day.
  Other major producer XTO Energy Inc. (NYSE XTO)
  165,000 Mcf per day

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Palo Duro Basin

• Recent discovery (Sept 2003) of Lower Penn Gas
  Shale
• Basin is located in West Texas, 80 to 90 miles
  northeast of Lubbock
• Major operator Vintage Petroleum Inc.
  (NYSEVPI)
• Reserve potential and productivity, comparable to
  the Barnett Shale

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Palo Duro Basin
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Comparison of Lower Penn Shale to the Barnett
Shale

• Barnett Lower Penn
• Basin Fort Worth Palo Duro
• Depth(feet) 6,500 8,500 8,250 9,500
• Thickness (feet) 200 400 400
  1,000
• Total Organic Content Range 0 12.5 0
  10
• Total Organic Content Average 4.0 5.5 2.8
  5.0
• Thermal Maturity (Ro) 1.0 1.3 1.0 1.2
• Reservoir Pressure (PSI) 3,000 4,000 3,000
  3,250
• Ultimate Reserves, BCF 16.0 per section 32.0 per
  section

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Discovery Well

• D.M. Cogdell Jr, Estate 1-01
• Located 10 miles N.W. of Matador, Motley County,
  Texas.
• Flow rate of 3,000 MCF per day from 14 feet of
  pay, interval 8,529 to 8,543 feet
• 2440 PSI bottom hole pressure
• Total shale section in excess of 500 feet

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Current Activities

• November 2004, Vintage Petroleum spudded the
  Echols 21 well. The well was drilled to 9,400
  feet. It was fracture stimulated in July, 2005
  and is currently being evaluated (flowed back)
• Vintage spudded the Burleson 1 well in February,
  deepest part of the basin with over 1,000 feet of
  shale. Cut a core which was analyzed. Fracture
  stimulation late in 3Q 2005.
• Vintage has acquired 250,000 gross acres and
  Bankers Petroleum an additional 210,000 acres
• Basa Resources Inc. of Dallas just spudded L.N.
  Johnson well in southeast Floyd County. Apollo
  Energy is spudding the W.D. Miller 1 well in
  east central Floyd County

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Tyner Opportunity

• Acquired 10 sections (100 working interest) and
  has notified Bankers Petroleum that it is
  exercising its option to acquire 10 additional
  sections (100 working interest) at cost
• Drilled the Stephens 1 well, 9/10th of a mile
  east of Echols 21 well
• Plans to spud 1 more well in 2005, 2 to 5 wells
  in 2006
• Upside potential 300 BCF range

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Stephens 1 Well

• Drilled to 9,500 feet, rig released on September
  20, 2005
• Tyner has a 93.75 working interest
• Log Analysis 1,000 feet of Lower Bend Shale and
  24 feet of Granite Wash
• Schlumberger undertaking frac design
• Awaiting analysis of sidewall cores and drill
  cutting samples

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Tyner Share Capital

• 33,438,404 issued and outstanding (August 29,
  2005)
• 11,942,520 warrants at various prices from 0.66
  to 1.00 expiring up to June 14, 2005
• 3,195,000 options exercisable at various prices
  from 0.32 to 0.99 expiring up to 2010

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Tyner Financial Position

• Cash short term deposit 11,543,736 at June
  30, 2005
• Working Capital 11,167,646 at June 30, 2005
• No Debt