NEP’s business model is simple, relatively low risk and yet efficient and effective.

NEP believes that the strengths of its business model are:
STRONG CASH FLOW
· Cash flow from operations consistently >60% of revenues
HIGHLY SCALABLE
· Takes approximately 20 days to drill one well once location is identified
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Potential for new oilfield leases to highly experienced and well capitalized players
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Implementation of mature technologies to increase production
LOW RESERVE RISKS
· Extensive studies have been conducted on oilfields to verify quantity and locations of oil
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100% of wells drilled have found oil (3-D technology)
NO SALES/ MARKETING COST.
· NEP has contractually guaranteed to sell all oil extracted to PetroChina Jilin Branch
MINIMAL ACCOUNTS RECEIVABLE RISK
· Petrochina has never deducted on payment on NEP.
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