Revised Mission

• Deliver results the right way
• Values are the foundation
• Contribute to the community
• Utilize technology
• Become the global leader in energy

Strategic Analysis Results

• Financial stability
• Innovation in upstream process
• Need for research and development into alternative energy options
• Continuing to perform well and expand in the energy industry

Proposed Strategy

• Methane Hydrate Research and Development Joint Industry Project
• Acquisition of Range Resources, a mid-sized petroleum and natural gas exploration and production company
• We chose a two part strategy in order for you to explore new energy sources and also continue growth of your current endeavors.

Phase 1: Research and Development

• What? Invest in the research of methane hydrates
• Who? Joint research project with Baker Hughes and the Department of Energy
• When? The project will last from 2018-2025
• Where? Alaska North Slope
• How? CO2 injection into methane hydrate deposits
• Why? Further research in order for you to become the first mass producer of methane hydrate

Phase 2: Acquisition of Range Resources

• What? Acquire and horizontally integrate
• Who? Range Resources, a leading independent natural gas company operating in the United States
• When? Fall of 2017
• How? Cash of $8.3 billion
• Why? The acquisition will provide you with an attractive natural gas resource position primarily located in the Marcellus Formation

Long Term Objectives

• Global growth and expansion
• Become the first mass operator in the methane hydrate industry
• Continue to invest in research projects going forward
• Generating positive cash flow
• Increasing net income
• Increased return on assets

Financial Analysis

• Financial Position will steadily improve over the life of the project
• Liquidity
• Increase in cash
• Profitability

These long-term strategies and objectives will significantly help the corporation going forward into the future