1

Diversifying Revenue Streams in Natural Gas Processing

2

Natural Gas Processing Value Chain

3

Natural Gas Processing

Sulfur

Methane

Methane Pipeline

Pipeline Gas

LNG Liquefaction Pipeline Gas

Ethane

LPG

Natural Gas

GTL

NATURAL GAS PROCESSING

Refined Helium

Liquid Fuels (Diesel, Naphta)

4

Helium Industry Value Chain

Extraction Purification

& Liquefaction

Distribution & Transfill

End-User Industries

Gaseous Crude Helium • Bulk Gaseous Helium• Iso-Container Helium• Dewar Helium• Cylinder Helium• Specialty Gases• Services

Liquid Pure Helium • Bulk Gaseous Helium• Dewar Helium• Cylinder Helium

Crude Helium

Industrial Gas Companies

Wholesale

Liquid Pure Helium

Producers

5

GLOBAL HELIUM

OVERVIEW

6

BRITISH COLUMBIA/ALBERTA, CANADA

RILEY RIDGEWYOMING

SOUTHEASTCOLORADO

FOUR

AREA

HUGOTON/PANHANDLEFIELDS

CORNERS

NORTH SEA

EAST HANOVERFIELDS, FRG

PLANT NEARSALZWEDEL, FRG

ODOLANOW PLANTOSTROW, POLAND

MEREENIE FIELDNORTHERNTERRITORY

WOODADA FIELDWESTERN AUSTRALIA

SAUDI ARABIA

SECHAUN PLANTCHINA

ORENBURGSKIJ, GPZORENBURG, RUSSIA

IRKUTSK AREA,RUSSIA

MOAB, UTAH

NORTH FIELD,QATAR

Natural Gas Fields Containing Helium

ALGERIA

OMANIRAN

Helium Producing

Helium Producing Potential

LIBYA

7

Helium Availability Secures Additional Revenues

Long Term EstimatedReserves in Ground

(depends on level of future natural gas extraction)

Future Natural Gas extraction will generate sufficient volumes to satisfy future helium demand at current levels and ~4% CAGR

Future Natural Gas extraction will generate sufficient volumes to satisfy future helium demand at current levels and ~4% CAGR

Near TermHelium Contained in Natural Gas Production

(Projected 2015 demand 9 BCF)

Maximizing helium recovery from quantified natural gas vent streams would be sufficient to meet demand for the next 10 years and generate additional revenues for LNG processing plants

Maximizing helium recovery from quantified natural gas vent streams would be sufficient to meet demand for the next 10 years and generate additional revenues for LNG processing plants

BCF/year

SourceRecovered Vented

U.S. 3.0 Negligible

Algeria 1.7 2.5+

Qatar 1.4 Negligible

Russia 0.6 Unknown

Canada 0 0.5

Poland 0.05 Unknown

Australia 0.15 Unknown

R.O.W 0.02 Unknown

1Cliffside Stored Reserve: 26BCF in 2005 – source US BLM

8

2- Store – if possible - crude helium in-ground for future use as in the Cliffside system in the U.S.

“Capturing” Helium Molecules at the Source

Helium Storage

Existing Pipelines To Locations w/out Helium Recovery

Existing Pipelines To Locations w/ Helium Recovery

Helium Recovery

Unit

Storage Natural

Gas Fields

1- Install a facility that processes helium-bearing natural gas currently being sent to areas that do not recover helium.

9

Recovering/Refining Crude Helium Contained in Natural Gas as a By-Product, Requires Additional Operating Cost of $20 to $30 per Thousand Cubic Feet which results to a Product Liquid Helium sold on a wholesale basis at $50 to $60 per Thousand Cubic Feet.

Working Further down the Helium Value Chain Requires Very High Investments and a Creation of a Core Business Similar to Industrial Gas Companies.

Improving Overall Profitability

10

Helium Processing Schematic

PSA

Process

Control

Process

Control

Crude Helium FEED GAS

N2

Companders

N2RecycleComp.

Nitrogen

Separation

Cold Box

Helium Separation

Part of Helium

Liquefier

Part of Helium Purifier

Part of LIN ProductionSupport

Equipment

HeliumRecycleComp.

HeliumLiquefier

HeliumExpanders

CompressionFeed Gas

Vent N 2

Liquid Helium Storage

Liquid He

Liquid NitrogenStorage

LIN toShields

Purge N 2

System

Waste Gas

11

Downstream of the Helium Chain

LHe 11,000 gal

BHe 180,000 cf

WorldwideTransfills

TRANSFILL AND PACKAGING

SU

END

ERS

Bulk LiquidTrailers

(Containers)

Tube Trailers,Banks,

Modules

Tube Trailers

Dewars

Cylinders

Helium, Specialty Gases

SALES & DISTRIBUTION

LHe 11,000/15,000 gal

LHe 11,000 gal Iso Containers

PRODUCTION, STORAGE, LOADING AND SHIPPING

`

12

Conclusion

Helium, if Present in Native Natural Gas, Grants a Unique Opportunity to Natural Gas Processing, to Diversify from Oil & Gas Industry, and to Generate Additional Revenue.

Oil & Gas Producers Will Want to Focus Resources on Finding and Producing Natural Gas rather than Have the End-User Refined Helium Market and its Expansion Default to Them.

An Industrial Gas Company Provides:– a Collection of Assets and Services that Help Link

Helium Supply with Demand– the Ability to Link the Oil & Gas Producer to the End-

User in the Value Chain.– The Focus to Expand the Refined Helium Business

Thank you