H1B Extension Denied

My H1B Extension is denied recently and my I 94 also expired. I had to travel back to India. I still have 2 years left in my H1B (total 6 years). Can I re- apply for extension ? if i have to file a new petition will I get cap-exempt.

Can I re- apply for extension ?
Ans: Yes. But you are currently out of status, you must apply for extension AFTER you either leaving the country or get into a legal status in other way.

if i have to file a new petition will I get cap-exempt.
Ans: Yes