Hugh Byers

Hugh Byers

Direct Energy

Nymex Natural Gas Futures Contract 12-Month Forward Strip Average Prices Through 6/24/2020

NG 12M NG 24M NG 36M

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Opportunities

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back to the USA”. Shale Crescent USA has hard data companies can use to justify expansion to the USA. With our advanced manufacturing and our abundant and economical energy, it is more profitable to manufacture here than anywhere in the world, especially for companies that want to sell products here.

This is opportunity in the middle of a disaster. Manufacturing PPE for health care workers like gloves, face shields and gowns is a good best place to start and is already happening. Companies are making ventilators and hand sanitizer. Solvay in Belpre, Ohio, is making a ventilator shield to protect healthcare workers. Businesses can look for other products made overseas that can now be made cheaper in the USA. A product like a simple toothbrush, now made in China, can be made 22% cheaper in the Shale Crescent USA because of our location, low feedstock cost and availability. Supply chains can now be Regional and secure, saving companies time and money. All it takes is one unavailable overseas component to shut down an assembly line.

What opportunities are there for you and your company? The reason why many companies want to locate in the Shale Crescent USA is because of our abundant and economical natural gas and natural gas liquids. Because of our advanced manufacturing, the labor cost advantage many foreign countries like China had no longer exists. Most Asian countries need to import their natural gas and NGLs at a much greater cost than Shale Crescent USA. Our Region is the only place on planet Earth where a company can build on top of the feed stock and in the middle of their customers.

What are we doing as an industry to promote our natural gas advantage? Are we getting natural gas to everyone who wants it? Probably not. Are we marketing our products? Natural gas is clean, economical and dependable. This is a time to create a bigger pie. There are potential residential, commercial and industrial customers. How many of these potential customers know the opportunity natural gas can give them? In a down market, one way out is to increase revenue and market share by increased sales effort. Are we doing that? This should be a team effort.

Professional speakers realize they can generate revenue speaking across North America without leaving their office. What can your company do to grow business? Break out of negative thinking. Look for the opportunities. Change the future.

Morrisey Says Continued from page 7

the U.S. Supreme Court of Appeals on its decision which paves the way for the completion of the Atlantic Coast Pipeline.

As advocates of the oil and natural gas industry in West Virginia, IOGAWV works to strengthen the region’s economy through supporting infrastructure investment and the creation of good paying jobs with benefits to hard working and deserving West Virginia workers. With the Court’s blessing to proceed, this project will be an economic driver on many levels. It will sustain jobs and investment exploration, drilling, and production activities. It will help our basin to supply natural gas to fuel downstream industrial and petrochemical companies with abundant, clean burning, cost efficient West Virginia natural gas, and associated liquids. Industry employees live here, work hear, play here and raise their children here. They have an appreciation for the beauty of the Mountain State and the outdoor recreational experiences it provides. The industry is a good steward of the environment.

We are excited for the news the Supreme Court decision brings. With the greenlight to complete the pipeline so that WV can help supply markets in the mid-Atlantic that desperately need our gas. The producers and operators in WV truly appreciate the investment and determination of Dominion Energy, Duke Power and others in staying the course in the effort to provide energy where energy is most needed. IOGAWV is very proud to do its part in support of the Atlantic Coast Pipeline. Industry Intelligence. Focused Legal Perspective.

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Whether it’s a state or federal regulatory matter, local land use or zoning challenge, acquisition of title and rights to land, or jointly developing midstream assets, we help solve complex legal problems in ways that favorably impact your business and bring value to your bottom line.

CHARLESTON, WV I PITTSBURGH, PA I HOUSTON, TX I SEWELL, NJ STATE COLLEGE, PA I WASHINGTON, DC

New Board

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of Pharmacy. He was recognized and honored for his work with the 2006 award as Non-Pharmacist to Contribute Most to Pharmacy Profession.

In 2007, Doug ventured into the oil and gas industry when joining Reserve Oil & Gas, Inc. as its Land Manager. There he directed Reserve’s land management operations for its conventional drilling program and affiliated pipeline companies. In 2016 Doug assumed the role of Legal Counsel for Reserve. At that same time, he began consulting for IOGAWV on oil and gas law, provided services on government affairs matters, drafted proposed legislation and developed fact sheets, served on the Commerce Committee, and served as Chairman of several Commerce Committee Subcommittees negotiating natural gas gathering and processing agreements. In addition to his duties to Reserve, Doug also serves as counsel for Roy G. Hildreth & Son and its associated oil and gas companies.

In October of 2019, Doug became Vice President of ConServ

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with confidence pennsylvania New Castle Pittsburgh Meadville ohio Columbus and helps to oversee all company operations providing energy and environmental contracting services to the major energy companies. He formerly served as a contractor advisor/agent for the NFL and Canadian Football League.

Doug is a proud father of Kyan, a Roane County High School student working on his Eagle Scout rank. He serves as the Committee Chairman for the BSA Spencer Troop 437 and also Chairman of the Roane County Unsafe Structure and Property Enforcement Agency.

J. Michael Forbes:

Michael is executive vice president and CFO of Greylock Energy. He joined the company after more than 30 years in the industry. Forbes graduated with a Bachelor of Arts in accounting and finance from Glenville State College. He is a Certified Public Accountant (CPA) and holds a Master of Business Administration from Marshall University and is a graduate of Stanford University’s program for chief financial officers. Forbes is a former member of the board of directors for both Energy Corporation of America and Glenville State College. He also has served on the boards of numerous community organizations, including serving as first vice chairman of the board for Thomas Health Systems and past chairman of the YMCA of the Kanawha Valley. He resides in Charleston with his wife Melori and they have four children.

James B. (Jim) Pritt: Jim is a graduate of Glenville State College with an Accounting Degree who earned his MBA from Marshall University. He is a Certified Public New Board Continued on page 16

New Board Continued from page 15

Accountant (CPA) licensed in West Virginia and obtained his Professional Human Resources (PHR) designation at Xavier University.

Jim was employed by Energy Corporation of America for many years where he served as Manager of Accounting and Administration. Jim worked with CDX Gas, Inc. as Manager of Accounting and Administration and later with Pinpoint Drilling and Directional as Manager of Business Development for their Northeast Operation. After leaving Pinpoint, Jim returned to EnerVest, Ltd. for many years as Manager of Marketing and Special Projects and later as Manager of Public Relations and Governmental Affairs for their Northeast operations. Jim is currently employed with Putnam Natural Gas Company where he serves as their General Manager and works with the affiliate companies of Teavee Oil and Gas, Inc. and Union Oil and Gas, Inc.

Jim is active on IOGAWV’s Environmental, Safety and Commerce Committees and was active on the Governmental Affairs Committee. He served as Co-chair of the Commerce Committee and Treasurer of IOGAWV during his previous term on the IOGAWV Board from 2015 to 2018. Jim is a past Board Member of the Ohio Oil and Gas Energy Education Program (OOGEEP) where he recently served as Treasurer and is the current Treasurer of Members Choice West Virginia Federal Credit Union.

Jim enjoys the outdoors and hunts, fishes, and golfs whenever he can. He is married to Kristi and has two daughters and three grandchildren. Jim loves working in an industry that has and will continue to provide citizens with energy in order to maintain their current and future standard of living.

Eric Vir: Eric Vir has served as Northeast Natural Energy’s Manager of Marketing & Transportation since 2015. In that role he is responsible for scheduling and marketing approximately 375,000 mcf/ day of production. Additionally, Eric oversees the hedging activity for the company along with coordinating the Investor Relation activity pertaining to gas sales and hedging. Prior to joining Northeast Natural Energy Eric spent 10 years with Energy Corporation of America (ECA). He started his career in the oil and gas industry in 2005 working as a runner/intern with ECA. After earning a degree in Accounting and Business Administration from the University of Charleston in 2007, he worked in various roles in the Accounting and Marketing Departments at ECA. Eric currently resides in Charleston, WV with his wife and three boys. In his spare time, he enjoys exerting all his energy raising his young family and hopes to find time to golf later.

Progress

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produced in West Virginia, but more obstacles remain before the pipelines may be completed and gas begins to flow. If you have questions or comments regarding this article, please contact Mark Clark at MClark@Spilmanlaw. com, Joseph Unger at JUnger@ Spilmanlaw.com, or Dave Yaussy at DYaussy@Spilmanlaw.com.