Investor Presentaiton

Coal • Coal gasification Syngas or synthesis gas • Comprised mostly of Hydrogen, CO and CO2 • Coal liquefaction • Indirect Coal Liquefaction (ICL) - syngas into light hydrocarbons. • Direct Coal Liquefaction (DCL) - hydrogenation. • TransGas Development Systems is building a coal-to-liquids plant in Mingo County (gasoline, slag and flyash). Schedule to be operational in 2016 • Allows for Carbon Sequestration.

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