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Re: None

Monday, 04/15/2013 5:34:21 PM

Monday, April 15, 2013 5:34:21 PM

Post# of 15
Gasfrac and Black Brush has on the last couple of fracs has instead of using LPG, are going with NGL and with better results. The following is from the last page of the pdf file from the recent presentation Black Brush gave at Pittsburgh.

>Conclusion

Use of NGL fracs has greatly increased reserve recovery for oil
formations.
Future use of Butanes and Pentanes mix will greatly reduce the net
cost of NGL fracs.
Continued added infrastructure will reduce costs of NGL fracs.
NGL fracs should make many of the normal pressure oil windows in
shale plays viable.
NGL fracs eliminate the problems associated with water fracs.
BlackBrush plans to continue to utilize GasFrac in current areas and
expand the technology in other formations<

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