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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

JAKER ENGINEERING, PC

Stranded GasNew York State’s Hidden Asset

Jack (John P.) Perkins, PE

President/ CEO

Jaker Incorporated


Jaker engineering pc

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


Jaker engineering pc

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.


Jaker engineering pc

NEED

  • Less Risky Investment Option

  • Reduced Capital Investment

  • Similar Marketable Commodity

  • Based on Proven Technology

  • Existing, Well-Developed Market


Jaker engineering pc

SOLUTION

  • Onsite Power Generation

  • Comparable Infrastructure Cost

  • Reduced Capital at Risk

  • Deregulated Electric Market

  • Fraction of Gas Well Production


Jaker engineering pc

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



  • Jaker engineering pc

    CONCEPT

    • Quick-Qualification Criteria

    • Conceptual System Design

    • Economic Analysis of Opportunity

    • Return on Investment


    Jaker engineering pc

    STRATEGY

    • Select Candidate Site

    • Well/ Site/ Gas Sample

    • Local Infrastructure

    • Nearby Opportunities

    • Assess Additional Values

    • Qualify Project, Find Funding

    • Submit for Approval


    Jaker engineering pc

    OBSTACLES

    • Capital Investment

      • Good Money after Bad

  • Permitting Process

    • Public Notification

  • Well Outages

    • Supported with Other Systems


  • Jaker engineering pc

    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


    Jaker engineering pc

    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


    Jaker engineering pc

    Play?

    Plug?

    CLOSING

    So the Question Remains:

    DO YOU

    OR


    Jaker engineering pc

    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