Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10=Q - DRAYTON RICHDALE CORP | eps4240.htm |
| EX-1 - EXHIBIT 1 - DRAYTON RICHDALE CORP | ex1.htm |
| EX-32 - EXHIBIT 32 - DRAYTON RICHDALE CORP | ex32.htm |
| EX-31 - EXHIBIT 31 - DRAYTON RICHDALE CORP | ex31.htm |
JOINT VENTURE BETWEEN
PETROSTRATA CORPORATION / ETES DEVELOPMENT CORPORATION
Projected Revenue and Utilization of Funds
| JV Split | ESTIMATED ANNUAL GROSS RECEIPTS | $ 219,350,400.00 | |
| 60% | Estes | $ 131,610,240.00 | |
| 40% | PetroStrata | $ 87,740,160.00 | |
| ESTIMATED PRODUCTION - CLEAN COAL | |||
| No. | Item | Comment | |
| 20 | Tons of Coal | Process goal per Single PetroMicronic Processer per hour | |
| x | 24 | Hours per Day | |
| 480 | Tons of Coal per Day | ||
| x | 1.75 | Per Line | 2 per PetroMicronic Processers each Line, incl. 25% down time |
| 840 | Tons of Clean Coal total per Day | Initial Installation - First Line | |
| x | 4 | Lines | Maximum Lines per Plant |
| 1920 | Tons of Clean Coal processed per Day | Maximum Clean Coal Production per Day | |
| 365 | Days per Year | ||
| 700,800 | Tons of Clean Coal processed per Year | ||
| ESTIMATED PRODUCTION - COAL OIL | |||
| No. | Item | Comment | |
| 3 | Barrels per Ton | 1 Barrel equals 42 gallons | |
| x | 700,800 | Tons per Year | 4 Lines in Service |
| 2,102,400 | Barrels per Year | ||
| 5,760 | Barrels per Day | ||
| ESTIMATED PRODUCTION - MISCELLANEOUS PETROLEUM DISTILLATES AND BY-PRODUCTS | |||
| NOTES: 1. | Based on available data for Kerogen extraction from Oil Shale, approximately 33% of the precipitants from PetroMicronic Processing will be in the form of Petroleum Distillates and By-Products with potentially significant market value. | ||
| 2. | Specific Distillates and By-Products rendered from coal are determined by the quality and content of the original coal in the ground. | ||
| 3. | For purposes of this Projection, it is assumed that the revenue generated from the Petroleum Distillates and By-Products will exceed costs associated with the capture, containment and distribution. | ||
| 4. | Assume Net $1.00 per ton. | ||
| ESTIMATED ANNUAL GROSS RECEIPTS - CLEAN COAL | |||
| No. | Item | Comment | |
| 700,800 | Tons of Clean Coal processed each Year | ||
| x | $ 66 | $ per ton | |
| $ 46,252,800 | Estimated Annual Gross Receipts | Annual Full Production | |
| ESTIMATED ANNUAL GROSS RECEIPTS - COAL OIL | |||
| No. | Item | Comment | |
| 2,102,400 | Barrels per year | ||
| x | $ 82 | $ per barrel | |
| $ 172,396,800 | Estimated Annual Gross Receipts | Annual Full Production | |
| ESTIMATED ANNUAL GROSS RECEIPTS - COAL OIL (BRACKETED) | Comment | ||
| x | 100 | $ per Barrel | Estimated - fluctuates with Marketplace |
| $ 210,240,000 | Estimated Annual Gross Receipts | Annual - Full Production | |
| x | 50 | $ per Barrel | Estimated - fluctuates with Marketplace |
| $ 105,120,000 | Estimated Annual Gross Receipts | Annual - Full Production | |
| ESTIMATED ANNUAL GROSS RECEIPTS - MISC. PETROLEUM DISTILLATES AND BY-PRODUCTS | |||
| No. | Item | Comment | |
| 700,800 | Tons of Clean Coal processed each Year | ||
| x | $ 1 | $ per ton | |
| $ 700,800 | Estimated Annual Gross Receipts | Annual Full Production | |
| ESTIMATED ANNUAL GROSS RECEIPTS - COMBINED | |||
| $ 46,252,800 | Clean Coal | ||
| $ 172,396,800 | Coal Oil | ||
| $ 700,800 | Petroleum Distillates and By-Products | ||
| $ 219,350,400 | Estimated Annual Gross Receipts | Annual Full Production | |