Title: JAKER ENGINEERING, PC
1JAKER ENGINEERING, PC
Stranded GasNew York States Hidden Asset
Jack (John P.) Perkins, PE President/ CEO Jaker
Incorporated
2PROBLEM
- 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
3PROBLEM
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.
4NEED
- Less Risky Investment Option
- Reduced Capital Investment
- Similar Marketable Commodity
- Based on Proven Technology
- Existing, Well-Developed Market
5SOLUTION
- Onsite Power Generation
- Comparable Infrastructure Cost
- Reduced Capital at Risk
- Deregulated Electric Market
- Fraction of Gas Well Production
6BENEFITS
- 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
7BENEFITS
8CONCEPT
- Quick-Qualification Criteria
- Conceptual System Design
- Economic Analysis of Opportunity
- Return on Investment
9STRATEGY
- Select Candidate Site
- Well/ Site/ Gas Sample
- Local Infrastructure
- Nearby Opportunities
- Assess Additional Values
- Qualify Project, Find Funding
- Submit for Approval
10OBSTACLES
- Capital Investment
- Good Money after Bad
- Permitting Process
- Public Notification
- Well Outages
- Supported with Other Systems
11SUPPORTING BUSINESS TECHNOLOGY
- Alternate Forms of Natural Gas (CNG, LNG)
- Power Generation/ Cogeneration Platforms
- Remote Monitoring/ Embedded Web-Server Systems
- Jaker Joules Energy Analysis Software
12GLOBAL INTEREST
- Press Releases
- 3 PRs with over 100,000 hits
- gt 2000 News Agency downloads
- Initial Contacts
- Contacted by US Explorers/ Drillers
- OG Monitoring Company interest
- Worldwide Interest
- African Ivory Coast WA Pipeline
- Western Australia, Outback
- Business Interest
- Icons of Finance and Technology
- OG Firms avoiding takeover bids
13CLOSING
So the Question Remains
DO YOU
OR
14THANK YOU
Thank you for attending!
Stranded GasNew York States 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