DECOMCARBON CREDITS

CARBON CREDITS

Methane reduction credits from verified well plugging operations

4

WELLS GENERATING

2

REGISTERED ON REGISTRY

6,480

ANNUAL CREDITS

$158K

ANNUAL REVENUE

152,000

LIFETIME CREDITS

$4.6M

LIFETIME VALUE

VOLUNTARY MARKET

$15-50

PER TON CO2e

ACR, CAR, Verra registries. Corporate buyers, ESG funds. Our primary market.

CA COMPLIANCE

$25-40+

PER TON CO2e

CARB cap-and-trade. If well plugging offsets are adopted — 2-3x premium. We're lobbying.

EPA METHANE FEE

$900-1,500

PER TON METHANE

IRA methane fee on reported facilities. Drives operators to plug — expands our serviceable market.

[ CREDIT PORTFOLIO ]

ACTIVE CREDITS BY WELL

REGISTEREDACR

BELRIDGE-S7

04-029-0789152 t CH4/yr20 years

1,420

tCO2e/YR

$45,440

ANNUAL REV

$909K

LIFETIME

$32/t

PRICE

REGISTEREDACR

LOST-HILLS-67

04-029-1123443 t CH4/yr20 years

1,180

tCO2e/YR

$37,760

ANNUAL REV

$755K

LIFETIME

$32/t

PRICE

VERIFIEDCAR

ROUND-MTN-31

04-029-1589058 t CH4/yr20 years

1,650

tCO2e/YR

$46,200

ANNUAL REV

$924K

LIFETIME

$28/t

PRICE

VERIFIEDACR

KERN-RIVER-47

04-029-0188732 t CH4/yr20 years

890

tCO2e/YR

$28,480

ANNUAL REV

$570K

LIFETIME

$32/t

PRICE

PENDING VERIFICATIONACR

MIDWAY-142

04-029-0014248 t CH4/yr20 years

1,340

tCO2e/YR

ANNUAL REV

$858K

LIFETIME

BASELINE SURVEYCAR

VENTURA-89

04-111-00456Est. 40 t CH4/yr20 years

tCO2e/YR

ANNUAL REV

$627K

LIFETIME

ENVIRONMENTAL IMPACT

From plugged and verified wells in our portfolio

0 t

METHANE ELIMINATED / YEAR

0K

TONS CO2e AVOIDED / YEAR

0K

LIFETIME tCO2e REDUCTION

Equivalent to removing 1,400 cars from the road annually, or planting 107,000 trees.

[ CREDIT LIFECYCLE ]

BASELINE SURVEY

Measure pre-plug methane emissions

1 wells

PLUG WELL

Execute P&A operations

POST-PLUG VERIFY

Confirm emission elimination

THIRD-PARTY AUDIT

Independent verification (ACR/CAR)

2 wells

REGISTER CREDITS

List on carbon registry

2 wells

SELL / RETIRE

Monetize or retire for ESG

2 wells