red miles of a large portion of the population of the United States. This results in a premium price for the gas produced of about fifty cents over NYMEX. — The play covers millions of acres and is reasonably priced due to the downturn in leasing activity. — The finding costs are reported to be well

th third-party crypto custodial solutions Existing relationship with COG grants access to over 40+ global exchanges, including the CME, CBOT, NYSE, NYMEX, LSE, LME, Euronext, Tokyo Stock Exchange and others All existing customers of CQG today will have access to SJMX upon launch and after onboarding

ir the 25-member Board of Governors in open election by the 772 members. Led the negotiations, orchestrated the historic merger and transition with NYMEX to create the largest physical commodities exchange worldwide in 1994. Redel Trading Co., Inc., New York, NY Executive Vice President Responsible

February 2012 / i Sep-12 Mar-13 Sep-13 Mast Sep-le Mar-15 Sep-I5 — — Certral twalxhan Cad ICAFF) Ponder RS Basin (FRB) Scarce: Bloomberg (NYMEX). Mar-16 Sep-16 $18 5'0 551 S'2 5x S6 56 J.P.Morgan 47 EFTA00606205 Dave Katz. CFA North America Credit Research 16 February 2012 Co

(341 1900 3'82 5745 Stt4 5791 5793 $715 1713 50 am 141 543 544 514 140 MO FY TSE Net Levtriatr FT 1SE DebtlPrev5 Reserves ($lMcfe) NYMEX Gas 15(mere) NYMEX Gas Itmerol 11.71 5225 524 5125 5175 5425 44.75 51.75 51.25 $2.75 13.25 5175 5516 15. 76 $300 637 617 637 634

$26 $25 323 325 525 $25 MO $23 126 $25 125 $26 $26 $24 160.0 116 114 124 $24 524 324 124 FY 16E DebtProved Reserves ( S:Mc fen NYMEX 04, ! smite) 11375 230.0 232 $40.0 131 500.0 MO 110.0 115 4740 $27 $10.0 126 110.0 $2 3 1125 13.23 $175 11.25 11.75 112 132 $31

044 921 621 74 Gig 4.1. 140.0 124 129 129 $20 129 529 129 FY 16E Net Leverage FY 16E DebtiProved Reserves $;Mc fel W“11). 04 µ!mere) NYMEX isincro 11.75 5221 14.75 $3.23 UPS $425 5125 12.25 12.75 13.4 1115 14.25 14.75 $300 .732x .348. 1127a 01. 302. 217. 161. 130.0

9 EFrA_R1_00013234 EFTA01734794 Highly Experienced Team 41 ) Mark Wetjen DTCC Fmr. CFTC Acting Chairman Jim Newsome Fmr. CFTC Chairman NYMEX CEO CME Board Member — Tom Lewis Ameritrade CEO Green Exchange CEO @ October 2015 LedgerX Paul Chou, CEO Juthica Chou, President & Chief Ris

— However, as optimism on Russia's actions faded, crude oil posted its worst two-day decline (-11.1%) since March 2009 (Monday & Tuesday). — With NYMEX crude oil shorts remaining near a record high, financial positioning will continue to foster volatility in the oil markets in the near term as any

nce Commodity on each of the five Final Averaging Dates), with each Closing Value used to determine the Commodity Performance as published by the NYMEX and displayed on Bloomberg under the symbol —CL1II on the relevant date of determination. For additional information about WTI Crude, please see th

rence Commodity on each of the five Final Averaging Dates), with each Closing Value used to determine the Commodity Performance as published by the NYMEX and displayed on Bloomberg under the symbol "CL1' on the relevant date of determination. For additional information about WTI Crude, please see the