ADI Analytics is a consulting and advisory firm specializing in oil and gas, energy, power, chemicals, and industrials. In late 2017, ADI expanded its coverage across petrochemicals and polymers by acquiring the assets of Chemical Market Resources.

In the past nine years, we have completed over 300 projects for more than 100 clients including ExxonMobil, Shell, Chevron, ConocoPhillips, , , , BASF, LyondellBasell, GE, Honeywell, KKR, and U.S. Department of Energy.

We help clients with market research, strategic planning, competitive benchmarking, and technology assessments along with offering a number of other services. Our team differentiates itself through deep, field-based industry expertise; proprietary analytics; and cost-effective yet flexible delivery models.

www.adi-analytics.com

Welcome to the 2018 ADI & NGL Forum!

Thank you for joining us at the 2018 ADI Natural Gas & NGL Forum. Enthused by the turnout, your feedback, and our experience in organizing the inaugural conference in 2017, ADI is pleased to bring the Forum again this year and, hopefully, will have an opportunity to do so every year.

There is no dearth of energy conferences, and, yet, clients and colleagues had frequently asked why ADI had not considered offering a conference. Also, we saw a siloed approach to conferences specializing only in LNG, gas-fired power, or gas-to-liquids. So we conceptualized the ADI Forum to deliver participants value in three ways:

. Facilitate a strategic perspective across the entire natural gas value chain

. Catalyze dialogue through panel sessions that build on presentations

. Leverage insights from ADI research and consulting in gas and NGLs

The ADI team has worked hard to design the 2018 Forum so it delivers on these goals. Eight panels will span the gas value chain covering (1) upstream, (2) , (3) power and industrial gas demand, (4) LNG, (5) gas conversion, (6) NGLs, (7) industrial equipment, and (8) innovation.

Each session features external speakers – a total of 20 from ConocoPhillips, Antero Resources, Saudi Aramco, , Williams, Cheniere, Burckhardt Compression, and others – and a moderator who will set context with ADI research and facilitate an insightful dialogue. We welcome your active participation today.

Thank you, again, for joining us!

Uday Turaga Ron Sills Faiza Tanvir Forum Chair Forum Vice-Chair Forum Producer

Agenda

7:30 am Registration and Breakfast

8:30 am Welcome and Forum Logistics Uday Turaga, CEO, ADI

8:40 am Keynote Presentation Thomas McAndrew, President & CEO, Enchanted Rock Ltd.

9:10 am The Outlook for Oil and Gas in 2018 Uday Turaga, CEO, ADI

9:40 am Panel Session 1: Upstream and Supply

Colin McHattie Shree Vikas Diptabhas Sarkar Tulio Scacciati Dir, Tech Assess. Director, Mkt Intel & Lead Engineer, Project ADI Unconv New Ventures Business Analysis Mgmt & Control Halliburton ConocoPhillips Statoil

10:30 am Break

10:45 am Panel Sessions 2: Midstream and Gas Processing

Shelley Corman-Frisby David McKellips Justin Rencurel VP, Business Dev. Manager, Commercial Dev. ADI Boardwalk Pipeline Partners Williams

11:30 am Panel Session 3: LNG Markets

Oliver Tuckerman Allyn Risley Blake Roberts VP Corp. Dev Chairman ADI Cheniere Energy GTT North America

12:15 pm Lunch

1:15 pm Panel Sessions 4: Natural Gas in Power and Industrial Markets

Mark Darnell Nisha Desai Alan Grosse Bruce Rising US Energy Manager Managing Director VP, Bus Development ADI Air Liquide Aurora Clean Energy FlexGen Power Partners Systems

2:00 pm Panel Session 5: Gas Conversion to Chemicals and Fuels

James Lamoureaux Esben Sorensen Evan Visser Ron Sills Managing Director Sr. Tech Specialist CTO, VP Bus. Dev ADI IGP Methanol Haldor Topsoe Gas Technologies

2: 50 pm Panel Session 6: Natural Gas Liquids (NGL) Outlook

Steven Woodward Doug Coleman David Dickinson Brandon Johnson Sr. Vice President VP, New Ventures Sr. Product Mktg Mgr, ADI Antero Resources Prism Midstream LLC NGL Recovery Honeywell

3:35 pm Break

3:50 pm Panel Session 7: Industrial Equipment in Oil and Gas Value Chain

Michael O’Neil Colman de Jong Tony Gioffredi Swetha Sivaswamy Managing Director VP of Oil & Gas New CEO ADI Burckhardt Equipment Sales Zahroof Valves Compression Siemens

4:40 pm Break

5:00 pm Panel Session 8: Innovation in Energy Markets

Jason Arnoldy Johanna Schmidtke Madhav Acharya Uday Turaga Vice President Investment Dir. Technology-to-Market ADI Intervale Capital Saudi Aramco Energy Advisor Ventures ARPA-E

5:45 pm Reception

Speakers

Alan Grosse development for the MobileFlex product line within General Electric’s Distributed Architecture and Marine Engineering, and holds an MBA from Emory University’s

Allyn Risley ted and modernized a strategy to recoup “stranded” gas and ship it to

Colin McHattie

Colman de Jong

David Dickinson profitability, and execution of the company’s strategic business plan.

David McKellips is the Manager for ommercial Development at illiams. e is responsible for commercial development and negotiation of complex and standard midstream agreements focused on achieving longterm optimization and growth. rior to this role, Mcellips has served various roles in ommodity ptimization Group, ealth afety Group, E Measurement uality Assurance Group, and Financial roect Analysis Group. e holds a Bachelors and an MBA in Business from lahoma tate University.

Diptabhas Sarkar in an accomplished energy sector professional with deep nowledge in driving full value chain profitability for upstream oil and gas assets. e is currently a Lead Engineer in the US Offshore facilities group focusing on Statoil’s field of the future initiatives. rior to this he served as the planning manager in the U nshore division, managing rig lines in three shale assets and as the field development planner for their Marcellus asset. arar began his career with alliburton. Diptabhas holds a hD in applied hemistry from olumbia University, ew or and an MBA from the University of exas at Austin.

Doug Coleman has over years of energy industry experience. rior to oining rism Midstream as of ew entures, he was a artner at Midstates etroleum, and ice resident at Marlin Midstream where he led the engineering, construction, and operation of four processing plants and associated gathering systems. oleman has also held various engineering, business development, finance and operations positions with id ichardson Gasoline ompany and Union acific esources. oleman holds a B in Mechanical Engineering from ice University and a MBA from MU.

Esben Sorensen is enior echnology pecialist woring with syngas technology sale and promotion with aldor opsoe, as well as with technical support for Haldor Topsoe’s clients in Northern America. Prior to this position, he was General Manager for the D syngas department at aldor opsoe in Denmar. orensen was responsible for development of novel technologies and catalysts for synthesis gas generation and applications rocesses for production of methanol, gasoline, , syngas, formaldehyde, ammonia, DME and many more.

orensen has a M.c. in hemical Engineering and a hD in process simulation from echnical University of Denmar.

Evan Visser is the hief echnology fficer and of Buisness Development at Gas echnologies . e has continued to optimize many of the Gasechno process models as well as design and model many of the process addon technologies. rior experiences include positions at aller Marine nc., etroio .A, and il and Gas. isser holds B.. in Mechanical Engineering from owa tate University and his M.. in Biosystems Engineering from the Federal University of icosa in Brazil.

James S. Lamoureaux is an entrepreneur and startup company architect that has successfully inented products and usiness models for companies for the last years. n , Lamoureau formed P ethanol to deelop a maor lean Energy ethanol eelopment on the US ulf oast in Louisiana. He founded P Energy nc. in and currently seres as its EO and hairman. Prior eperiences include ndustry onsultant at Energy Poer roup, and ounder, President and nentor at Adanced uilding Products. He holds usiness anagement degree from Hofstra Uniersity and Eecutie education from assachusetts nstitute of Technology.

Jason Arnoldy is ice President of nterale apital. Prior to nterale, Arnoldy cofounded ecapture Solutions, an oilfield serices company that nterale acuired in late . efore cofounding ecapture, he led restructuring and turnaround efforts for a priate drilling serices company, Arnco Technology. He started his career as an analyst at a multistrategy capital management firm, arallon apital, here he ored ith the Special Situations roup, ealuating and monitoring credit and euity inestments in pulic and priate securities. He receied a .A. from the Uniersity of ener, ith a maor in nternational usiness and minor in Psychology.

Johanna Schmidtke is an nestment irector ith Saudi Aramco Energy entures, the corporate enturing arm of Aramco. She offers of a uniue comination of technical insight and commercial aptitude in the industrial space. Prior to her current position, ohanna ored ith the Adisory practice at Priceaterhouseoopers, orporate eelopment Strategy at irst Solar nc., and the consulting practice at Lu esearch. She seres as a oard director at ontech and as a oard oserer at Noomer. Schmidte holds a Ph.. in Physics from the Uniersity of amridge as a ates Scholar and a .S. from the Uniersity of Ariona.

Madhav Acharya currently seres as a Technologytoaret Adisor at the epartment of Energy’s Advanced Research Projects Agency – Energy APAE. His focus at APAE includes conersion of reneale energy into caron neutral liuid fuels through catalytic and electrochemical pathays. Acharya egan his career at Eonoil and held arious managerial roles including anager of esearch uidance and aluation, Operations Superisor at a catalyst manufacturing plant, and Process Engineering Section Head. Acharya is currently pursuing a asters in

Sustainaility anagement at America Uniersity. He holds a Ph in hemical Engineering from Uniersity of elaare.

Mark Darnell is a Senior Energy anager at Air Liuide and is responsile for Natural as sourcing and strategy for its as Turines, Steam ethane eformers, and Air Separation facilities. ith oer years of energy eperience, arnell has ored for a producer UTP, a mareting company Hadson gas, a pipeline company elhi as Pipeline and a producer trading company P. arnell holds a A usiness from ichigan State Uniersity and A from Uniersity of

allas and is also a PA.

Michael O’Neil crrenty serves as the anagng rector at rchardt oresson e rngs over years o eerence th h n etensve gas coresson and anageent Pror to joining Burckhardt Compression, O’Neil was ce Presdent at co heaton A R ardnerenver vson Prevos eerences ncde varos eectve ostons n saes oeratons engneerng and ateraret dvson at aeron nternatona and resserRand e hods

n echanca ngneerng ro ehgh nversty

Nisha Desai s the anagng rector o Arora ean nergy Partners and a oard eer o Perto Rco ectrc Poer Athorty Prevosy she has served as the ce Presdent strted eneraton or R nergy Pror to R esa had a ner o eadersh roes n the energy and ater ndstres th a sgncant ocs on sness ode and technoogy nnovaton he has aso served severa years th oo opany’s energy practice, Enron and Mobil. Desai holds an econocs degree ro ae and an A ro arvard sness choo

Oliver Tuckerman s the ce Presdent o oerca trctrng ororate eveoent e oversees rcng and strctrng o a coerca sness oortntes and s resonse or evaatng and sorcng sness deveoent and cata nvestents aong the vae chan Pror to ths oston ceran as a rector n ororate trategy gro eore henere ceran ored n the e or oce o ayern e egan hs career n th he ransortaton ro ceran receved a A n conocs ro

Kenyon College and an M.B.A. from Southern Methodist University’s Cox School of sness

Shelley Corman-Frisby s the P o sness eveoent or oarda Pene Partners he has over years o eerence n sness deveoent coerca oeratons and regatory aars or natra gas transsson assets ene eanson rojects dea orgnaton dstrea agreeents Pror eerences ncde varos eectve roes at oard nergy nergy ranser Partners ranscontnenta as Pene and the edera nergy Regatory osson he hods a n nera conocs ro Pennsyvana tate nversty as e as an A and a ro the nversty o oston

Shree Vikas s the rector o aret ntegence and sness Anayss at oncoPhs Pror to that he as the rector o echnoogy and Projects and rector o aret ntegence and trategy Pror eerences ncde rector o nergy arets at A and enor anager – and as ros at nternatona e hods n Petroe ngneerng ro nda ng n vronenta Poton ontro and a Ph n Pertoe and atra as ngneerng

ro Penn tate nversty

ee a is the Senior ice resident of Business Development at Antero esources. rior to Antero, oodward served in various business development roles for Dynegy nc., Natural as Clearinghouse, and NC Corp. e has served as Manager of Business Development for eliance ipeline, a division of Nicor nc., and as a roect Development epresentative for estern as esources. as has also served in various engineering roles with ACO. oodward holds a B.S. in Mechanical Engineering from University of Colorado at Boulder.

ha Mce founded Enchanted ock td. in and currently serves as the resident and CEO. McAndrew brings over years of experience in energy asset management ranging from large, complex nuclear plants to small distributed generation. rior experiences include of rading and isk Management at Calpine, CEO at rogressive ower Solutions, of est ower rading at Statoil, and Director at Enron. McAndrew has also served in U.S. Navy as ieutenant. e holds B.S. in Mechanical Engineering from exas AM University and an MBA from arvard Business School.

iei brings extensive compression, power generation and industrial capabilities to ahroof alves as well as significant experience with mergers acuisitions and global operations. he past twelve years include various executive positions at Enro ndustries. rior to Enro, ioffredi was ice resident for the reciprocating division of Dresserand. rior experience also includes years at estinghouse Electric Corporation. ioffredi holds a B.S. in Mechanical Engineering from SU, and a graduate of the Advanced Management rogram at the arvard Business School.

a aa brings years of industry experience gained at Conocohillips, ExxonMobil, Boo Company, and AD Analytics. e specialies in corporate strategy, market research, economic analysis, competitive intelligence, and technology assessments with rich domain expertise spanning oil and gas exploration, production, and refining, coal and power, and chemicals. uraga holds a hD in fuel science from enn State and an MBA from the U Austin.

i ecel has years of experience in the energy industry. e has served as Director of Strategic lanning for Spectra Energy. rior roles include positions in mergers and acuisitions US gas storage marketing, investor relations and corporate business development. rior to oining Spectra Energy, encurel was a manager of planning and performance at ’s Downstream business and held several roles at Boardwalk Energy. e holds an MBA from the University of exas at Austin and Bachelor’s in Finance from Eastern New Mexico University.

ill is an internationally recognied expert on energy conversion technologies in the natural gascoalbiomass to products value chain. rior experiences include as Conversion Network eader at BP, manager of Mobil’s esearch lanning and Evaluation roup, and member of the commercialiation team of the Methanoltoasoline process. e coauthored a National esearch Council report entitled Fuels to Drive Our Future. Sills holds a hD and M.S. in

chemical engineering from M and a BS in chemical engineering from olumbia e is the coinentor for patents

ce ii experience encompasses years in combustion, enironmental control technology, and gas turbine technology issues Prior experiences include Strategic Business Manager within Siemens Power Systems Sales, Manager of Mareting ntelligence and Manager of Regulatory ffairs for Siemens where he assisted the as urbine ssociation in ashington D as the chairman of the Enironmental ffairs ommittee, Manager of Emissions and ontrol echnology for RollsRoyce, and Research Scientist in Energy and

Enironmental RD at Battelle olumbus abs Rising earned earned a BS in hemical Physics and an MS in Fuel Science from Penn State

lae e is a senior energy professional with diersified experience in leadership roles in the global energy and petrochemical industries Roberts had seeral leadership roles with operating companies, EP contractors and consulting companies Roberts is experienced in management, business deelopment, proect deelopment, commercial deelopment, operations, strategy deelopment and alue chain financial analysis Roberts holds BS in chemical engineering from ustin, and an MB from Rice niersity

li cacciai is an executie with years of experience in the Energy ndustry deeloping clear strategies with deep domain nowledge in the technology and business models Scacciati was the P of Strategy, M and Mareting for a lobal leader in the euipment and serice industry coering, surface pressure control, pressure pumping, drilling and production euipment and serices e has wored preiously with E and Exelon as well Scacciati holds MS in industrial engineering and receied an MB from ustin

Brandon Johnson’s expertise includes technology assessments, competitie benchmaring, maret sie modeling, and ris analysis using Monte arlo uncertainty analysis in the oil and gas, chemical, power generation, and mining industries e has utilied these sills to understand the economics, inestment attractieness, and competitie landscape of the engineered pump, wet gas and multiphase compressor, bearing, seal, and heat exchanger marets e holds a BS in physics from Stephen F ustin State niersity

eha iaa has three years of experience in research and consulting in oil gas and chemicals space She is proficient in data analytics and excel modeling and has completed seeral engagements on maret entry, competitie benchmaring, maret siing, growth strategy and feasibility studies er preious employers were PM and Frost Sullian Siaswamy has double master’s degree each in chemical engineering and business, from Georgia nstitute of echnology and ndian School of Business respectiely

Attendees

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