Key Investment Highlights

• Unconventional natural gas is expected to be a major contributor to growth in U.S. gas supplies according to the Department of Energy (“DOE”). By 2030 unconventional production is projected to account for 10.2 TCF, a full 50% of domestic U.S. production, due to the addition of the Fayetteville and Woodford shale resources and generally higher natural gas prices. (Energy Information Administration, Annual Energy Outlook, February 2007)
• Shale gas production was discovered in eastern Kentucky circa 1892. Today there are an estimated 6,000+ shale gas wells producing between 50 and 70 billion cubic feet of gas annually in the state. (Kentucky Geological Survey, April 2007)According to the Potential Gas Committee, only 10 to 15% of the possible hydrocarbon-producing formations within the Appalachian Basin have been tested, and only 11 wells have been drilled deeper than 15,000 feet.
• Oil and gas explorer Richard Beardsley, a geologist with extensive experience in the Appalachian Basin, calls it the “most drilled and least explored basin in the world.”
• The acquisition and development of shale gas plays is on the rise, due to success in the Barnett Shale in Texas, improved drilling and completion techniques, and strong natural gas prices.
• C.G. Collins, the company’s VP of Operations, has spent a lifetime working in the region and has a wealth of professional knowledge and contacts to draw upon.
• The company believes its Western Kentucky Prospect features a prolific pay zone throughout the lease acreage with the potential to produce 24 BCF of natural gas and a current net present value of $69,422,527 for the first 15 years of forecasted recoverable life. There is existing production directly adjacent to the property.

Investor Relations Contact 

Corporate Evolutions Inc    
111 Great Neck Road
Suite 300
Great Neck, New York 11021
ph: 516-482-6565
tollfree: 877-482-0155
fx: 516-482-6099
Info@corporateevolutions.com