1. Is The Marcellus Fairway Also A Pathway To Brownfield Redevelopment? Hull & Associates, Inc. National Brownfields Conference Philadelphia, Pennsylvania April 4, 2011

2. Background Hull is a project development and engineering company that helps businesses and government solve complex challenges related to land, energy and the environment - transforming undervalued resources into viable community assets. Founded in 1980 Four Main Market Areas: –Urban Revitalization, Energy, Environment, Waste Urban Revitalization Market –25+ years in the making; Multidisciplined –Project size ranging from ¼-acre to 1,100+ acres –Project values up to $10M –Grants – secured over $150M

3. Introduction Is the Marcellus Fairway Also A Pathway To Brownfield Redevelopment? Marcellus Shale –Characteristics, Technology, Location Brownfield Site –Characteristics What to do about it ? Creative Uses of Brownfields Summary/Discussion

4. Marcellus Shale ~390 million years old, organic rich shale covering ~95,000 mi 2 area ~500 trillion cubic feet of natural gas ~4,000 - 8,500 feet below ground surface ~50 - 200 feet thick Why now? –Technological Advances Seismic Drilling Fracing –Market Drivers Energy independence Clean burning natural gas Source, end-user proximity Economic Paradigm shift; east meets west; growth

5. Marcellus Shale General Desired Characteristics: Seismic data and other geologic information present compelling case to drill Leases available in desired areas Initial testing indicates favorable results Location relative to end users Other factors –Pipeline –Supply chain –Regulatory

6. Marcellus Shale: Geographic Footprint

7. Brownfield Sites General Desired Characteristics Distressed, fallow properties Incentives –Grants –Tax credits –Risk and liability management –Community benefits Location Competition for developable space Favorable regulatory environment Achievable remediation objectives End user Desire to restore tax base through redevelopment

8. Marcellus Shale and City Locations

9. What to do about it? 5 Primary Stakeholder Groups –Property owners –People who work at/with brownfield sites/Marcellus well sites –Government/regulatory –Site developers –Community (all have different perspectives) Activity-specific standards to assess, evaluate, prioritize and implement brownfield solutions within the context of Marcellus development.

10. Creative Uses of Brownfields Water sourcing – use of remediated groundwater Drilling –Develop engineering control while developing pad –Remove contaminated soil while developing pad End User –Power plants –Distributed power generation –Bridge fuel combined with renewable energy projects –Supply chain companies Steel production –Chemical industry –Compressed Natural Gas refueling stations –Gas liquids processing plants –Port facilities: LNG generation, shipping –Midstream: road system development, gas storage, compressor stations –Wetland mitigation banking

11. Future

12. Summary/Discussion Benefits –Brownfield to Jobfield Chemical/power plants Manufacturing base –Tax revenue –Public perception –Access to urban drilling sites Potential tax credits Creative solutions involving stakeholders Win-win

13. Contact and Questions Don Zuch, PG, Principal Hull & Associates, Inc. Pittsburgh, Pennsylvania (412) 446-0315 dzuch@hullinc.com