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Company Overview Revolutionary products and services for natural gas compression and transportation: Design software and services for natural gas compressors.

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Presentation on theme: "Company Overview Revolutionary products and services for natural gas compression and transportation: Design software and services for natural gas compressors."— Presentation transcript:

1 Company Overview Revolutionary products and services for natural gas compression and transportation: Design software and services for natural gas compressors and pumping stations Design software and services for natural gas engine development Performance Augmentation Networks - PANs (patents-pending) – Are high performance piping systems for pulsation attenuation and performance improvement  Improve pumping and pipeline reliability by reducing vibrations  Increase gas flow volume up to 30%  Increase compressor efficiency up to 2 0%  Decrease compressor operating costs up to 20%  Decrease compressor station “Carbon footprints” up to 20% 1

2 Team and Strategic Partners Glen Chatfield Founder of OPTIMUM Pumping and c0-inventor of PAN technology 1970 Founded Duquesne Systems PA’s 1 st software IPO in Duquesne became Legent Corp and was sold to Computer Associates, 1995 for $1.78 billion Founder and Vice Chairman of the Pittsburgh Technology Council Alumni Fellow of the Penn State College of Engineering Norm Shade Chairman of ACI Systems World Leader in the Natural Gas Compression industry for more than 30 years Richard James Engineer and IP attorney Former VP of Operations for Voltec Innovation Works Gas Machinery Research Council – 2

3 Current : Pulsation Control Technology 3 $800,000 for 8 ANTIQUATED, VIBRATING Bottles with CHOKE-TUBES Bottles DISSIPATE 95% of Pulsation Energy And AMPLIFY Pulsation Caused VIBRATIONS Orifice Plates at most flanges Bottle Internals

4 Newest: Manifold PAN Technology PANs Recover 95% of pulsation energy And Minimize Vibrations  Improving Efficiency up to 20%  Increasing Gas Flow up to 30%  Improving Reliability 4

5 2014 Industry Sponsored Full-Scale Field Test 5 Total Capital Required $1,650,000 Funds Raise to Date $1,650,000 Well known Industry Sponsors Will Prove the Benefits of Manifold PANs

6 Hardware - Pipes, TST Junctions and supports - $460,000 PAN Design Services - $150,000 PAN Royalty 8,000 hp $20/hp - $160,000 Total 1 st System PAN Cost - $770,000 Conventional 8 Bottle cost - $800,000 Additional Identical PANs $620, % 6 PRICE Comparison: New PAN 6-Throw Pipeline Compressor

7 Marcellus Shale Midstream Compressor 7 Caterpillar G3516 & Ariel JGT/4 Most popular engine & compressor Before PAN With Bottles

8 8 Marcellus Shale Midstream Compressor After With Skid PAN Shop Fabricated Skid Mounted Trucked Without Escort Minimum Field Installation work It’s SOTA Using Industry Best Practices

9 PAN ROI: Midstream Compressor 9 Hardware - Pipes, TST Junctions and supports - $200,000 PAN Design Services - $150,000 PAN Royalty 1,300 hp $20/hp - $26,000 Total 1 st System PAN Cost - $376,000 10% more flow = approx $2,000/day MORE Profit 6 month ROI Additional Identical PANs $226, % 4 month ROI

10 El Paso Field Trial Ellisburg, PA Station July 2009 New Proven Technology: Tuned Loop PANs Pipeline Comb Filters

11 Loop PAN Lab Demonstration

12 Tuned Loops – Applications Gas Flow Meters Pulsation Protection to Reduce Failures Improve Accuracy of Flow Measurement Proposal moving forward in 2014 Centrifugal Compressors Pulsation Protection to Reduce Failures Allow Concurrent Operation with Nearby Recips Other Pipeline Vibration Problems Loop PANs Fix Very Expensive Problems!

13 Milestones October, 2013 GMRC approved a $400,000 investment in PAN Field Test Project Williams agreed to provide a midstream PAN Project test site in PA November OPTIMUM Won the TTE Conference Competition OPTIMUM and ACI design the midstream PAN for Zick station in NE PA December Completed Project funding GMRC approval to proceed with Project January, 2014 GMRC Project Supervisory Committee approves 1 st Project milestones April - GMRC Project Supervisory Committee approves 2 nd Project milestones May – Exhibit products at the Eastern Regional Gas Compression Roundtable June - August Install the Williams PAN and measure its performance Use Shale Gas Innovation Contest winnings to improve and promote PANs October - Present GMC Paper on the Results of the GMRC PAN Field Test 13


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