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PROTON GREEN IS AN ENERGY TRANSITION PLATFORM COMPANY FOCUSED ON OUR COMMUNITY AND ENVIRONMENT. PROTON GREEN IS POISED TO BECOME ONE OF NORTH AMERICA’S LARGEST HELIUM AND FOOD GRADE CO2 PRODUCERS COMBINED WITH ONE OF THE LARGEST CCUS FACILITIES IN THE U.S.
THE COMPANY'S PREMIER ASSETS ARE IN THE ST. JOHN'S FIELD LOCATED IN ARIZONA. THE ST. JOHNS FIELD COVERS 152,000 ACRES AND HAS EXTENSIVE THIRD-PARTY STUDIES THAT ESTIMATE RESERVES OF UP TO 33 BILLION CUBIC FEET OF HELIUM, 9 TCF OF CO2 IN EASILY ACCESSIBLE RESERVOIRS AND 1 BILLION METRIC TONS OF CAPTURED CARBON STORAGE CAPACITY.
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1. GREEN HELIUM
VAST HELIUM/CO2 RESERVOIR AND CARBON STORAGE HUB
The St Johns Field is a massive helium/CO2 reservoir and carbon storage basin located on 152,000 acres in Apache County, Arizona. Extensive third-party studies performed on the property estimate reserves of up to 33 billion cubic feet of helium in shallow, easily accessible reservoirs. Capable of producing 565 million cubic feet of helium per year, it will be among the most prolific helium production sites in the world.
While most helium is extracted from natural gas deposits, helium produced at St. Johns is highly unusual in that the gas stream does not contain any hydrocarbons. The gas deposit is composed mostly of carbon dioxide, and as the helium is extracted in the production process, the excess CO2 will be sold into the food grade CO2 market or reinjected into isolated geological formations and safely sequestered deep underground for millennia. As a result, the helium produced at St. Johns is exceptionally clean and environmentally friendly, with a net zero carbon footprint.
Helium is the only element on the planet that is a completely non-renewable resource. It is both scarce and finite, with no commercially viable industrial process to replicate it. Helium is formed by the natural radioactive decay process of Uranium and can be trapped underground if a halite or anhydrite cap exists above it. If helium is not trapped in this way, it escapes to the atmosphere and rises into space.
Helium is the coldest element, with a boiling point of only 4° Kelvin, and has unique superfluid properties. It has many applications as a high-tech coolant and is a critical component for nearly all modern technology systems.
For example, liquid helium is used to cool the magnets in MRI systems, helping to optimize their function. It is also used to control the temperature of silicon in the semiconductor manufacturing process. Because helium is inert and non-flammable, it is used in space and satellite systems as a purge gas in hydrogen systems and as a pressurizing agent for ground and flight fluid systems. NASA, SpaceX and Blue Origin are major consumers of helium.
Data centers use helium to encapsulate hard drives, which reduces friction and energy consumption – Google, Amazon, and Netflix are all major consumers. Quantum computing systems also use liquid helium in dilution refrigerators, providing temperatures as low as 2 mK.
AERIAL VIEW OF ST JOHNS FIELD
2. CARBON STORAGE
ONE OF THE LARGEST CARBON STORAGE HUBS IN THE WORLD
In addition to an immense helium and carbon dioxide reservoir, the geological characteristics of the St. Johns Field make it an ideal storage basin for carbon. With the ability to inject 22 million metric tons of CO2 per year and a total storage capacity of over 1 billion metric tons, St. Johns is set to become one of the largest carbon capture sites in the world. Strategically located in the fast-growing American Southwest near several coal-fired power plants, St. Johns is positioned to become an important carbon sequestration hub in the region. Due to its shallow reservoir, Proton Green does not need to liquify CO2 before injection resulting in operating costs lower than other carbon capture companies. The exceptionally well-suited geological storage structure with its remote location, pipeline infrastructure, right of way, and Class VI storage permits (once granted) will be significant barriers to entry for competitors.
IDEALLY LOCATED CARBON STORAGE RESERVOIR FOR THREE NEARBY COAL-FIRED POWER PLANTS
3. FOOD GRADE CO2
AN OCEAN OF CO2
A shortage of food grade CO2 due to decreased production from Jackson Dome and ethanol plants presents an opportunity for Proton Green. With trillions of cubic feet of CO2 available in the St. Johns reservoir, Proton Green can take advantage of this market dislocation in the near term and create a very profitable long term business selling CO2 to food, beverage, medical and industrial customers. Proton Green is negotiating 10 year offtake agreements for food grade CO2 to take advantage of the current supply disruption.
4. HYDROGEN
CLEAN HYDROGEN PRODUCER
Hydrogen is steadily emerging as one of the most effective fossil fuel replacements and will become a lucrative business for Proton Green as the global movement toward decarbonization and a net zero economy continues. Proton Green is exploring using renewable energy sources to generate green hydrogen at St. Johns field. The hydrogen we produce can then be sold locally in Arizona as well as into the California markets that will be eligible for Low Carbon Fuel Standard (LCFS) credits as we help drive the transition toward a sustainable fuel and energy source.
HYDROGEN FUEL SUPPLIER FOR THE ARIZONA AND CALIFORNIA MARKETS
5. CARBON RESEARCH
NET-ZERO CARBON RESEARCH, RENEWABLE ENERGY, AND INNOVATION CENTER
Proton Green will partner with government agencies, NGOs, research institutions, and renewable energy and startup companies to create a cutting-edge incubator and innovation center for emerging carbon-neutral technologies and processes such as producing hydrogen, CO2-enhanced geothermal energy, biomass energy, large scale wind and solar, and carbon fiber materials. Depending on the project, Proton Green can provide CO2, land, expertise and more to its partners.
Proton Green has a relationship with a direct air capture company to deploy an exciting technology that greatly reduces the cost of capturing CO2 from the atmosphere. St. Johns elevation, surrounding wind, and reservoir make it a prime location for this innovative technology.
Additionally, Proton Green has formed a coalition with the Gas Technology Institute, Arizona State University, Baker Hughes, Tucson Electric Power, and Salt River Partners to study and implement new carbon capture techniques and technologies on St. Johns.
THE FUTURE IS CARBON NEGATIVE
EXECUTIVE TEAM
STEVEN LOOPER
Chief Executive Officer
- Mr. Looper has been an independent oil and gas producer since 1982
- Experience drilling and operating wells in Colorado, Kentucky, Louisiana, New Mexico, Oklahoma, Texas and Wyoming. project management in Botswana, Canada, South Africa and Zimbabwe
- Since 1993, Mr. Looper has been focused on the development of large resource plays in West Texas at Riata Energy, Inc. and most recently in the Barnett Shale trend, where his capital providers achieved >100% rates of return
JOHN-MARK COATES
Chief Technical Officer
- Mr. Coates is a highly experienced oil and gas professional with a career emphasis on large-scale, unconventional resource development.
- Joined MCN Corp (Now DTE Energy) in a senior management role to successfully develop a multi-TCF natural gas reserve base in the US
- Cofounded Patrick Energy, an E&P company, with funding from a family office that led to a series of privately funded companies being built and sold over the past twenty years
- Mr. Coates received a BSc. in Geochemistry With Honors from the University of London, and a MS in Geologic Engineering from the Colorado School of Mines. He also received the John D. Haun Petroleum Exploration Award from the Colorado School Mines
KENNETH WINTERS
Chief financial Officer
- Mr. Winters has over 16 years of public company accounting experience, with a heavy focus in the oil and gas and renewable energy industry
- Previously, he served as the Corporate Controller of Rosehill Operating Company, was Vice President of Accounting for Alert Logic, Corporate Controller and Financial Reporting Manager for KiOR, Inc. and worked in the audit practice for Deloitte and Touche
- Mr. Winters holds a Master of Professional Accountancy and a Bachelor of Business Administration from Stephen F. Austin State University
