1. Starlight Marcellus Shale Prospect
Scott Township Wayne County PA Geologic Overview
ZGS
Zaengle Geoscience LLC
Don Zaengle
Geologist
DISCLAIMER
The geologic and financial data in the following presentation was gathered from public and private
sources including state and federal imposed filing requirements. Zaengle Geoscience LLC and
Don Zaengle make no warranty as to the enclosed data.

2. The Starlight Marcellus Shale prospect is a 3,000 acre contiguous block located in Northeastern Pennsylvania available for natural gas exploration. This unleased acreage located in Scott and Buckingham Townships at the very north end of Wayne County is detailed in the geologic overview outlined in this presentation.
This acreage is 28 miles northeast of the Cabot Oil & Gas Dimock, Pa. Marcellus Shale field which is currently producing 100 mmcfg/d.
The prospect acreage would appear to be in the over-pressured dry gas window with Marcellus Shale greater than 200 API shale thickness of approximately 150 feet at 4,100 feet below sea level. Data would suggest that the Marcellus total organic carbon content is between 3 and 4 percent with thermal maturity Ro values between 2.5 and 2.75.
The data outlined in this report make this prospect a compelling opportunity. Please see the summary bullet points are outlined at the end of this presentation.

3. Starlight

4. Starlight Marcellus Shale Prospect
3,000 acres

5. (R. Nyahay, J. Leone, L. Smith, J. Martin, D. Jarvie, 2007)
Geologic Section
Marcellus Shale
~ 13,000’
Oneida Sst
Oswego Sst
(R. Nyahay, J. Leone, L. Smith, J. Martin, D. Jarvie, 2007)
Modified D. Zaengle 10/2008 5

6. Oil & Gas Fields Pennsylvania
Stage Coach Field Oriskany Sandstone
Starlight
Cabot Susquehanna Field
Epsilon HWY 706 field

7. Marcellus Shale, Cherry Valley, NY
ZGS
Knapp #1, Belden & Blake Corp., 22906, TD = 5,242’, KB=1,720’, 7/01, Colesville twp., Broome cnty., NY
Marcellus Shale, Cherry Valley, NY
Marcellus Regional Top New York
200 API
2.0 g/cc
2.6 g/cc
3.0 g/cc
4,805’, -3,085’
4,886’, -3,166’
Upper Marcellus
Purcell Limestone
Lower Marcellus
Marcellus > 200API
4,670’, -2,950’
Onondaga Limestone
63’
12’
2.4 g/cc
80’
Total High Gamma >200 API = 155’

8. Cabot Oil & Gas, Susquehanna Marcellus Field, Dimock Pennsylvania
(Program Results (Cabot 2009)
Greenwood #1
Hubbard #1
Dimock PA
Field production : 100 Mmcf/d
100,000 mcfg x $4.75 mcf = $475,000 /day gross
$173,375,000 / yr gross
Rt. 2024
Hubbard #2
Gasford #2
First 15 vertical wells drilled
30-day average: MMcfd
Average EUR: 1.42 Bcf
Carter Rd.
Ely H1, H5
Gasford #3
Heitsman H1
Lewis #2
Ely #2
Horizontal wells IP 30-day EUR
(Mmcfd) (Mmcfd) (Bcf)
Ely #H
Black #H
Black #H
Heitzman #H
Teel #H8 7/23/
Hor. Well
Estimated Ultimated Recovery Bcf
Lewis #1
Rt. 3023
Rozanski #1
Ely H4, H6
Teel #2
Teel #1
Teel #5
Black H1, H2
Tennessee Pipeline 30”
Teel #6
Teel #7
7/23/09 Vertical well, IP 4.2 Mmcfg/d, Completed 370’ interval
Brooks H1
Purcell Limestone
Hor. Well, 30 day prod mmcfg/d

9. Key Geologic Factors Starlight Prospect
Marcellus:
Total Organic Carbon
TOC
Thermal Maturity Ro
Natural Fractures
Brittleness
Gas in Place
Porosity Permeability
Mineralogy
Depth to Top
Thickness
Marcellus: ~ 100’ to 150’
Marcellus: Ro = 2.5 – 2.75
Dry Gas Window
Key Geologic Factors Starlight Prospect
Marcellus: ?
Marcellus: - 4,100’
Marcellus: Bcf/sec
Marcellus: ?
Marcellus: 3 -5%, 0.01 – 1.0 md

10. Thermal Maturity
Starlight

11. 150 bcf/section 25 bcf/section 75 bcf/section
Marcellus Shale Regional Isopach, Engelder PSU, 2009
Gas in Place
Starlight
150 bcf/section
25 bcf/section
75 bcf/section

12. Depth to Top Millennium pipeline Marcellus Shale
Campbell #1,
Gulf Oil, 04214, TD=10,992’
KB= 1,753’, 11/62
Hamden twp.
55’ >200 API
Knapp #1, 22906,
TD = 5,242’
Colesville twp,
155’>200 API
- 3,337’
-2,950’
Marcellus Shale
Depth to Top >200 API Gamma
Subsea
CI = 500’
DGZ /10
-3,000’
Texas Eastern, Shandalee Hunting Club #1, 08578
TD= 9,995’, KB=1,819’, 11/71, Rockland twp
42’ >200 API
Starlight
- 5,303’
-4,000’
-5,000’
- 5,259’
Shell Oil, Pease #1,
TD= 8,534 10/07/73, ’ >200API
Epsilon Marcellus
Hwy 706 Field
Millennium pipeline
Cabot’s Marcellus
Susquehanna Field

13. Thickness Millennium pipeline Marcellus Shale >200 API Gamma
Campbell #1,
Gulf Oil, 04214, TD=10,992’
KB= 1,753’, 11/62
Hamden twp.
55’ >200 API
Millennium pipeline
Marcellus Shale
>200 API Gamma
Isopach
CI = 50’
DGZ /10
Knapp #1, 22906,
TD = 5,242’
Colesville twp,
155’>200 API
Texas Eastern, Shandalee Hunting Club #1, 08578
TD= 9,995’, KB=1,819’, 11/71, Rockland twp
42’ >200 API
Starlight
150’
Epsilon Marcellus
Hwy 706 Field
Shell Oil, Pease #1,
TD= 8,534 10/07/73, ’ >200API
100’
50’
Cabot’s Marcellus
Susquehanna Field

14. Knapp #1, Belden & Blake Corp.,22906, TD = 5,242’, 7-01
Colesville twp., Broome cnty., NY
200 API
2.0 g/cc
2.6 g/cc
3.0 g/cc
Top >200 API Gamma (4,670’, -2,950’)
Upper Marcellus
Purcell Limestone
Lower Marcellus (4,805’,-3,085)
Onondaga Limestone (4,886, -3,166’)
Total High Gamma >200API = 155’

15. Campbell #1, Gulf Oil, 04214, TD=10,992’ KB= 1,753’, 11/62
Hamden twp., Delaware cnty., NY
Marcellus Shale (5,090’, -3,337’)
55’
Onondaga Limestone
(5,150’, -3,397’)
Total high Gamma >200 API = 55’

16. Top >200 API Gamma (6,490’, -5,259’)
Type Log Cabot Oil & Gas Dimock PA (Marcellus Field) ~10 mi W
Shell Oil, Pease #1,
TD= 8,534’, Elev. =1,231’, 10/07/73, Susquehanna County, PA
Purcell Limestone
Onondaga Limestone
50’
155’
0 API
200 API
2.0 g/cc
3.0 g/cc
2.6 g/cc
Lower Marcellus
Upper Marcellus
Top >200 API Gamma (6,490’, -5,259’)
6,683’ (- 5,452’)
6,835’ (- 5,604’)
Total High Gamma> 200 API = 205’ 16 16

17. Texas Eastern, Shandalee Hunting Club #1, 08578
TD= 9,995’, KB=1,819’, 11/71, Rockland twp., Sullivan Cnty, NY.
>200API Marcellus (7,122’,-5,303’)
Upper Marcellus ?
Cherry Valley LS (7,162’,-5,343’)
Lower Marcellus
Onondaga Limestone (7,209’, -5,390’)
Marcellus Thickness
Total High Gamma ~ 42’ +

18. Starlight Advantages
Stacked Targets (Marcellus Shale, Utica Shale, Trenton Black River).
Marcellus Shale > 200 API ’ thick at -4,100’ subsea (~5,600’, ave. elev. 1,500’).
Marcellus Total Organic Carbon content 3.0 – 4.0%.
Thermal Maturity, Ro values ~ 2.5 – 2.75
Within dry gas window, little if any processing required, high BTU value.
28 Miles NE of Cabot’s Dimock PA Marcellus Shale field currently producing 100 mmcfg/d.
Millennium pipeline ~ 5 miles east.
3,000 + contiguous acres.
New York Pricing Premium (Averaged $1.05 to NYMEX).
Excellent Economics relative to other shale plays.
Excellent Infrastructure (Railways, Roads).
Abundant Water Resources.
Rural area, sparsely populated, with pro-drilling landowners.
Topography consists of gently rolling hills.