Standard Energy Company, Inc. ("Standard Energy") is a natural gas development and production company. The concentration of future energy development in the United States includes production of natural gas, coalbed methane (CBM), shale gas, and coal in northeastern West Virginia, Ohio and Western Pennsylvania — an area known as the Marcellus formation.

The natural gas (coal bed methane and future coal production) program to include the unconventional shale gas and CBM will be initially from our 17,000 acre property in Preston County, WV in which we hold 100% interest. This project is on the fairway with one of the hottest natural gas development markets in the United States; it is uniquely located to feed the export LNG (liquid natural gas) market, the domestic market and the rejuvenated petrochemical business. This area has, in the last year, been the focus of new developments by Shell, BP, DuPont Chemical and others, all of whom have immediate plans to construct petrochemical plants after a long hiatus due to a lack of large volumes of available, reasonably priced natural gas.

Standard Energy plans to carry out the basic permitting to include drilling and establishing an environmental monitoring program.

Coal Bed Methane and Shallow gas program

Coal Bed Methane (CBM) is the most common source of natural gas (methane) that is extracted from coal seams. The term CBM is used interchangeably with Coal Seam Gas (CSG), which is any naturally occuring gas trapped in underground coal seams by water and pressure. These coal seams store gas and water — the ground pressure and water within the seam hold the gas in place. The extraction process involves removing the water from the coal seam to reduce the water pressure, thereby releasing the natural gas. 

Recently, this form of natural gas has become an important source of energy — approximately 7% of total natural gas production within the United States, and we expect to see the trend continue to increase.

Our shallow gas program will include both CBM development and production and shallow gas sand (conventional and unconventional) and shale gas exploration and development within the project area.

Standard Energy is determined to become an efficient, low cost producer of natural gas for the U.S. and international markets. The engineering evaluation for the in-ground current reserve is considered to represent a significant potential source of coal and CBM for long-term growth potential for the company.

In addition, due to new EPA regulations, we see the biggest upcoming need for natural gas in two places: utilities companies switching from coal to natural gas, as well as the trucking industry. As natural gas becomes a more stable commodity, and due to the great technical successes in exploration and development of unconventional natural gas production, our domestic gas supply has increased to a point to allow for the export of this now abundant commodity as a result of the natural gas industry success.

In addition to natural gas, our property also contains a large reserve/resource of high quality multiple seam coal deposits. While natural gas is on the rise, coal is still far and away the largest consumed resource. The first development project will include a shallow gas program (CBM and included Shale gas potential) followed by the deeper Marcellus shale gas program on our property. The concentration is on the natural gas program.  The coal resource/reserve potential development will be planned for development when appropriate to take advantage of market conditions so as to accelerate growth of the project and future revenue development.

Roland, an economic geologist, has more than 35 years of experience in the oil and gas natural resources industry — including minerals industries in senior management roles in exploration, development, production and management with private and public companies as well as tenures with international consulting organizations. During his career, he has devoted more than 20 years in senior management positions with small and mid-sized natural resource companies.

Troy has over 20 years of diverse finance experience and an MBA from Emery University. He is currently a Director in the Risk Management department of E*TRADE Financial; however, Troy previously worked on the wholesale energy trading desk at Pepco Energy Services, in equity research at Lehman Brothers and on the fixed income trading desk at JPMorgan.

Richard has served as President of YES INTERNATIONAL since July 1991, a full service investor relations and venture capital firm. He lived and worked as a foreign trade zone specialist for Daimler-Benz, in Stuttgart, Germany, where he was in charge of a $100MM movement of international parts for automotive production at different production locations worldwide. He has been involved as a mining economist since 1992, where he specialized on the fundamental economics of minable deposits. In 1994, he lived in Vancouver, B.C. where he was a director of Corporate Communications for Farrell Financial with responsibilities in developing public relations campaigns for mining companies. For more than 20 years Mr. Kaiser has been active in public relations, investor relations, venture capital, and structure financings for publicly traded companies.

Roland has been employed in the natural resources industry for more than 5 years. He functions as an operations project manager, managing the day to day activities at Standard Energy. He has supervised and managed project development and assisted the engineering staff to help implement and maintain development activities and completion scheduling of development projects. Roland has also worked closely with geotechnical staff and mining engineering to implement and maintain the scheduling of the project development completion schedules. He maintains and develops coordination and scheduling of contractor support for each phase of the project development.