Interstate Gas Marketing Drilling Partnerships

About This Presentation
Title:

Interstate Gas Marketing Drilling Partnerships

Description:

Principles of Interstate Gas Michael M. Melnick, President of Interstate Gas Marketing, Inc,, graduate from Pennsylvania State University in 1980 with a B.S. degree ... – PowerPoint PPT presentation

Number of Views:40
Avg rating:3.0/5.0
Slides: 11
Provided by: tristatedi

less

Transcript and Presenter's Notes

Title: Interstate Gas Marketing Drilling Partnerships


1
(No Transcript)
2
Principles of Interstate Gas
  • Michael M. Melnick, President of Interstate Gas
    Marketing, Inc,, graduate from Pennsylvania State
    University in 1980 with a B.S. degree in
    petroleum and natural gas engineering. Mr.
    Melnick worked several years in the oil and gas
    fields as a Drilling Supervisor for Consolidated
    Transmission Company. During 1983-1987, he was
    employed by CNG Development Company, with
    responsibility for production, pipeline operation
    and reservoir engineering
  • William Gregg, Vice President, Production and
    Operations of Interstate Gas Marketing, Inc.,
    graduated from the University of Pittsburgh in
    1980 with a B.S. degree in chemical engineering.
    During the years of 1980-1988, he was employed by
    Halliburton Services as a District Engineer,
    specializing in on-site natural gas well design
    and stimulation of natural gas wells in
    Appalachian Basin
  • Paul Ruddy, Vice President, Marketing of
    Interstate, graduate of Bloomsburg State
    University in 1978 with a B.S. in Business
    Administration. Mr. Ruddy has been active in the
    oil and gas industry since 1986, formerly with
    Five Star Investment Group. Mr. Ruddy is
    responsible for evaluating the economics of
    numerous oil and gas producing properties and
    leaseholds.
  • Jack Pisarcik, Vice President, Transportation
    Exchange, Interstate Gas Marketing, Inc.,
    graduate of Penn State University in 1979 with a
    B.S. degree in petroleum and natural gas
    engineering. During 1979-1981, he worked as a
    Production Engineer for Williams Brothers
    Engineering Company. From 1981-1984, he worked
    as an Offshore Drilling Engineer for Aramco in
    Ras Tenura, Saudi Arabia. From 1985 to 1988, he
    served as Gas Transportation Engineer for
    Pennsylvania Gas Water Company.
  • Joe Miller, Vice President, Natural Gas Sales,
    Interstate Gas Marketing, Inc, graduate of
    Westminster College in 1992 with a B.S. in
    Business Management. Mr. Miller has bee in the
    Natural Gas business following graduation. His
    employment has been with Florida Power and Light,
    Select Energy, and Sprague Energy. His
    responsibilities include heading all sales and
    operation functions for Interstate Gas Marketing.

3
Companies
4
Interstate Gas Marketing
  • Since 1987, Interstate Gas Marketing (IGM) has
    been a leader in providing successful, reliable
    natural gas to regional industrial customers in
    Pennsylvania and Ohio
  • IGM currently operates over 1000 wells in
    Pennsylvania, Ohio and West Virginia
  • IGM operates behind all northeastern Pipes
  • IGM delivers over 40,000 _at_ day in the Northeast
    Region
  • We work with our customer to Review all
    transportation agreements and rate schedules (our
    wholly owned Subsidiary has done multiple
    pipeline bypasses in the region)
  • IGM offers customers the regions most
    competitive rates and most extensive hedging
    options
  • IGM is one of the only marketers with Regional
    assets and not just a paper trading company

5
Interstate Gas
  • Interstate Gas and their employees have been
    associated with Electric Deregulation since 1996
  • We have worked with over 200 companies and placed
    them with regional power providers
  • IGM has saved our regional customer base over 500
    million in annual energy costs
  • We work independently in providing customers
    with competitive electric bids
  • IGM has offered discounted gas costs up to 10
    off contract prices to clients that enable them
    to bid both Natural Gas and Electricity.

6
Electricity
  • Interstate Gas has regional alliances with
    Electric Distribution Companies (EDC), these
    partnerships are developed through selling
    directly to the EDC.. Thus creating an
    opportunity to our regional gas customers to
    save on their electric service.
  • Interstate has found reverse auctions move
    quality companies out of the bidding process.
  • We work with EDC that promise a portion of the
    Electric load will be Green Energy, this saving
    additional money on Carbon credits
  • Electric pricing as is Natural Gas pricing is
    near lows that haven't been seen since the early
    90s
  • IGM will offer no fewer than three (3)
    competitive bids and outline to you the strengths
    of each in an executive summary.

7
Electricity
  • IGM does not commit customers to supplier, that
    choice is made by the customer
  • We meet with our customers on a bi-monthly basis
    to review all billing and insure pricing and
    volumes are correct.
  • Interstate Gas also offers a discount on the
    customers natural gas price if a contract is set
    with an EDC provider.
  • We create strong regional partnerships that
    ensure reliable cost effective energy.

8
Customers
  • Our clients represent almost every industry and
    organizational type, from hospitals to Fortune
    500 companies, from city and state governments to
    the federal government, and from a small
    manufacturer to one of the worlds largest
    manufacturers. Our client base includes over 70
    Fortune 1000 companies and hundreds of smaller
    and yet equally important organizations.

9
Customers
  • Interstate Gas provides our services to a
    diversified, demanding client base in the
    following sectors
  • Packaging
  • Chemicals
  • Automotive/Aerospace/Shipbuilding
  • Food/Dairy
  • Rubber/Plastics/Glass
  • Pulp/Paper/Corrugation
  • Metals/Metal Products
  • Printing/Media
  • Transportation/Logistics
  • Hotels/Restaurants
  • Pharmaceuticals
  • Healthcare/Long Term Care
  • Municipal, State, and Federal Governments
  • Office Buildings/Apartments/Real Estate
    Management

10
Other Services
  • IGM will audit the last three years of any
    utility services would like to have reviewed
  • IGM will review and supply any recommendations to
    save on local distribution companies
    transportation rates
  • IGM will notify of any potential bypasses to
    ensure reliable and cost effective delivery to
    plant
Write a Comment
User Comments (0)