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JAKER ENGINEERING, PC

JAKER ENGINEERING, PC. Stranded Gas New York State’s Hidden Asset. Jack (John P.) Perkins, PE President/ CEO Jaker Incorporated. PROBLEM. 3 of 4 Wells Classified as 'Dry' (NYS DEC) Loss on Drilling: $1.5 to $2.5 MM USD Further Investment - Extremely Risky ► Hydro-Fracture

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JAKER ENGINEERING, PC

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  1. JAKER ENGINEERING, PC Stranded GasNew York State’s Hidden Asset Jack (John P.) Perkins, PE President/ CEO Jaker Incorporated

  2. PROBLEM • 3 of 4 Wells Classified as 'Dry' (NYS DEC) • Loss on Drilling: $1.5 to $2.5 MM USD • Further Investment - Extremely Risky • ► Hydro-Fracture • ► Horizontal Drilling • ►Pipeline Connection

  3. PROBLEM Chemung County:* To date, has 20 Natural Gas Wells in production. Remaining 40 Wells are categorized as “Dry Holes.” Dry Holes could, in fact, have sufficient production to provide fuel for small-scale, onsite power generation. Source: NYS Department of Environmental Conservation (www.dec.state.ny.us/website/dmn) * Resident County for Jaker Engineering, PC.

  4. NEED • Less Risky Investment Option • Reduced Capital Investment • Similar Marketable Commodity • Based on Proven Technology • Existing, Well-Developed Market

  5. SOLUTION • Onsite Power Generation • Comparable Infrastructure Cost • Reduced Capital at Risk • Deregulated Electric Market • Fraction of Gas Well Production

  6. BENEFITS • Direct • Recovery of Initial Investment • Reduced Capital at Risk • Marketable Project Value • Other Marketable Benefits • Indirect • Increase Gas Production • Increase Corporate Stock Value • Diversify Energy Portfolio • Exportable Technology

  7. BENEFITS

  8. CONCEPT • Quick-Qualification Criteria • Conceptual System Design • Economic Analysis of Opportunity • Return on Investment

  9. STRATEGY • Select Candidate Site • Well/ Site/ Gas Sample • Local Infrastructure • Nearby Opportunities • Assess Additional Values • Qualify Project, Find Funding • Submit for Approval

  10. OBSTACLES • Capital Investment • Good Money after Bad • Permitting Process • Public Notification • Well Outages • Supported with Other Systems

  11. SUPPORTING BUSINESS & TECHNOLOGY • Alternate Forms of Natural Gas (CNG, LNG) • Power Generation/ Cogeneration Platforms • Remote Monitoring/ Embedded Web-Server Systems • “Jaker Joules” Energy Analysis Software

  12. GLOBAL INTEREST • Press Releases • 3 PR’s with over 100,000 “hits” • > 2000 News Agency downloads • Initial Contacts • Contacted by US Explorers/ Drillers • O&G Monitoring Company interest • Worldwide Interest • AfricanIvory Coast; WA Pipeline • Western Australia, Outback • Business Interest • Icons of Finance and Technology • O&G Firms avoiding takeover bids

  13. Play? Plug? CLOSING So the Question Remains: DO YOU OR

  14. THANK YOU Thank you for attending! Stranded GasNew York State’s Hidden Asset Please visit www.jakerengineering.com for more information. Presenter:Jack (John P.) Perkins, PE President/ CEO Jaker Engineering, PC 209 N. Main Street, Suite 7 Horseheads, NY 14845 (607) 739-8003

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