1. 1 David Mustine General Manager – Energy & Chemical/Polymer

2. What is JobsOhio? JobsOhio is a 501 (c)(4) private, not-for-profit corporation launched in July 2011 Will lead Ohio’s job creation, business retention and new business recruitment efforts. Focus will be on specific industry sectors in areas of statewide and regional strength. In these endeavors, JobsOhio will partner closely with the Ohio Department of Development (ODOD) to undertake certain program functions that were once the state’s sole domain.

3. JobsOhio Strategies & Focus 5/23/2015 3 JobsOhio is organized to focus in 2012 on nine industries and four complementary functions that drive Ohio’s economy. Using a private-sector approach, JobsOhio is led by experts in those chosen industries – leaders who speak the language of business. Importance of the industry in Ohio relative to the U.S.

4. JobsOhio Network 5/23/2015 4 Our success also is tied to the partnership with the JobsOhio Network – statewide economic development organizations with deep ties to their local business communities.

5. 5/23/2015 5 Net job growth in the energy sector will depend on maximizing the full value chain related to Ohio’s Utica shale, including: Exploration Production Transportation Processing.

6. 5/23/2015 6 Attract New Utica Shale-related Businesses Upstream – Exploration, production, supply, and service Midstream – Processing, pipelines, and distillation Downstream – Power generation and fertilizer manufacturers

7. 5/23/2015 7 Identify and Improve Determine gaps in existing shale supply chain and work with Ohio companies to enter and support the market.

8. 5/23/2015 8 Developing Ohio’s Utica shale presents a substantial opportunity to grow Ohio’s chemical and polymer industries. Low-cost energy and feedstock sourced here is a significant advantage for much of Ohio’s chemical and polymer industries.

9. 5/23/2015 9 Maximizing Ohio’s Strengths Identify and recruit chemical and polymer companies that will benefit from: Low energy & feedstock costs World leading research Strong existing supply chain

10. 5/23/2015 10 Target Areas of Opportunity Connect Ohio polymer strengths to other JobsOhio sectors, i.e. where Ohio polymer technology is strong.

11. As of March, 2012 Horizontal Permits Issued:150 (17 counties) Total Wells Drilled: 50 Wells producing: 7 Wells in progress: 32 Rigs in state: 16 More wells need to be drilled to understand the full potential of the Utica play in Ohio. ohioshaleinfo.com Utica Activity to Date

12. Economic Impact of Shale Ohio Companies Benefiting from Shale Activity V&M Star, Youngstown – steel tubing U.S. Steel, Lorain – steel pipe Miller Supply, Inc., Wooster – oilfield supply and services Pioneer Group, Marietta – Midstream fabrication and construction Timken, Canton – manufacturer and supplier of bearings. Ariel Corporation, Mt. Vernon – gas compressors. PotashCorp, Lima – producer of nitrogen-based products; large natural gas user. Gorman-Rupp, Mansfield – pumps used in oilfield operations. 5/23/2015 12

13. Recent Investments in Utica Shale Total, S.A. – 10 Eastern Ohio Counties $2.32 billion Halliburton – Muskingum $150 million and 300 jobs MarkWest – Harrison & Monroe $500 million and 700+ construction jobs Exterran – Mahoning $13 million and about 100 jobs Chesapeake/EnerVest/Total/M3 Midstream Partnership Columbiana & Harrison $900 million Baker Hughes – Stark $45 million and 700 jobs 5/23/2015 13

14. Capital Skilled Workforce Low-cost, Reliable Energy … the building blocks for reaching long-term, global competitiveness in eastern Ohio. ohioshaleinfo.com Stronger Ohio