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Re: mkendra post# 2398

Saturday, 10/12/2013 2:39:22 PM

Saturday, October 12, 2013 2:39:22 PM

Post# of 2462
This implies the MOU is running on a Nine Month Timeframe-

The business plan is expected to take 9 – 12 months to complete and thereafter it is envisioned the companies will negotiate
definitive agreements for construction of the GTL facility through a joint venture entity. In the event that a joint venture entity is formed, it is envisioned that the counterparty
to the MOU will contribute gas acreage and reserves and Syntroleum will contribute its GTL technology.



Would have to be a Major Nat.Gas Producer-with Major Reserves-

futr

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