Western Reserve Land Conservancy

OUR LAND, OUR LEGACY

Enduring
and
Prosperous
1
From the City to the
Countryside, we
provide our region
with natural places
that
nourish and support
enduring and
prosperous
communities
Prime Soils, Working Lands
Urban revitalization
Removal of Toxins
Urban Revitalization
Remove Toxins, Add Nutrients.
Natural areas and biodiversity
Historic preservation
and restoration
harmony
community
10
Natural assets
give rise to
Enduring
Prosperity; they
are like
Golden Geese.

They provide
year in and year
out so long as
they exist in a
natural state
9/16/2014
Utica Point Pleasant Strategy
The greatest threat is the greatest
opportunity
12
Big Red
CLE
Y-town
Canton
Monroe
Sandusky
Mansfield
Conneaut
13
Agriculture Ohios largest industry of economic
activity. $100 billion per year
Water
Resources
Buell well 3010 BOEpd 9/2011
Wagner 4650 BOEpd 5/2012
Shugart 7500 BOEpd 9/2012
Yontz 8900 BOEpd 8/2013

Every well seems to get bigger.
These wells are truly world-class and
dwarf wells elsewhere.





Based on Statewide reporting for 2012

Good well in Carroll: $11 million year

Excellent well in Harrison: $50 million

Average of all wells : $6 million

15% Royalty: $900,000 per year








In Carroll, Harrison, Jefferson, Belmont, Monroe,
Columbiana, and Noble:
2 million acres of land.
Assume half is drilled:
1 well per 200 acres, assume 5,000 wells.
$30 billion per million acres.
$6 to $8 million per well to drill:
$30-40 billion.
$7 - $10 billion of midstream underway.







Eagle Ford Epicenter Karnes County, Texas
Bakken Epicenter Northwest North Dakota
Eagle Furd with snow
Utica Epicenter Carroll County, Ohio
Land of milk and honey
200 acre spacing
per well
5,200 acres of
extraction from 4 pads
Well Pad Impact Comparison in Stark County, OH
23 vertical well pads
on a 650 acre Farm
CONVENTIONAL VERTICAL OIL AND
GAS EXPLORATION WITH FRACKING
1 well pad on 650
acres up to 1300
CONTEMPORARY HORIZONTAL OIL AND
GAS EXPLORATION WITH FRACKING
1 well pad per 28 acres
Dutch Disease
Azerbaijan is the world's fastest growing
economy, thanks to an oil boom but there are ominous signs that the
non-oil economy is dying. The economy is showing signs of
Dutch Disease. The growth rate is due to the success of non-
tradeables such as construction, that are non-
recurring. Azerbaijan's tradeables (read enduring sectors) are showing
signs of strain. Agricultural output actually
contracted last year. Ag is the most
important part of the non-oil economy
Boom and gloom
You cant give away a fight;
you always get a fight back.
Adrenaline and Cortisol: the
enemies of creative and
constructive behavior
Invest fleeting profits in
an enduring future
identify and preserve
essential natural
endowments
urban revitalization
invest in the future education,
innovation, commercialization
Sheikh Zayed
bin Sultan Al Nahyan
Sheikh Zayed created
the Abu Dhabi
Investment Authority
and the Abu Dhabi
Fund for Development
in the early 1970s.
Abu Dhabi has
invested trillions of
dollars in the future
since then and the
average net worth per
capita is $17 million.
He was a benevolent dictator.
Appreciative Inquiry gets everyone to focus on whats possible through
interactive discovery and design sessions. The output has been amazing.
-- Jim Staley, President, Roadway Express
AI changed the entire
culture of our company.
The positive change
process works better than
any other change
methodology we have
ever used. Fairmount
Minerals
How to engineer a
benevolent dictator
Okay, but investing in new
energy? Ill believe it when I see it.
The oil and gas industry may
help foot the bill for enhanced
geothermal technology. The
DOE says, We know that has to
tie into what we do.
Towers. Generators. Power Controls. Turbines.
Lets
design,
make,
and
maintain
all of this
stuff

We revolutionized energy and
manufacturing between 1850 and 1925
Feedstock:
Butane.
Pentane.
Binary Geothermal Power Plant





Inspired to Dream together
Preserve Essential Enduring Assets
Restore historic towns
Invest in our future
Fund the enduring with the fleeting







Do not destroy the enduring
to gain the fleeting