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HomeMy WebLinkAboutFowler Oil & GasJOE FOWLER OIL & GAS (Alaska) LLC RESOLUTION AUTHORIZING SUB CONTRACT AGREEMENT WITH AGE FOR THE ARCTIC -READY CHP PROJECT The undersigned, being the Managing Member of the Board of Fowler Oil & Gas (Alaska) LLC, after due consideration and pursuant to the Operating Agreement, do herby adopt the following resolution as of the 3'd day of October, 2008: RECITALS WHEREAS, Fowler Oil & Gas (Alaska) LLC is actively pursuing the development of a Coal Bed Methane Well near Palmer, Alaska; and WHEREAS, the Alaska Energy Authority is offering grants in support of cost effective alternative energy projects in Alaska; and WHEREAS, Alaska Green Energy LLC who is applying for grant funding to support the construction phase including the drilling, coring, testing & completion of the Kircher Coal Bed Methane well; and NOW, THEREFORE, BE IT RESOLVED, that Fowler Oil & Gas (Alaska) LLC is authorized to enter into a subcontractor agreement with Alaska Green Energy LLC for drilling and completion of the Kircher Coal Bed Methane Well, and where in Alaska Green Energy will provide grant funding totaling $6.7 million to complete the project. FURTHER RESOLVED, that Robert Fowler, CEO, is authorized to enter into the subcontract agreement for purposes of this application; and FURTHER RESOLVED, that Fowler Oil & Gas is in good standing with respects to its existing credit and federal tax obligations. IN WITNESS WHEREOF, the undersigned, being that Robert Fowler has hereto signed his name effective as of the date set forth above. 41 "- Robert Fowler, Managing Member Fowler Oil & Gas (Alaska) LLC Wells Fargo Building 705 S Bailey Street, Suite 204 PO Box 2056 Palmer Alaska 99645 Tel: +1-907-745-6638 Fax: +1407-313-2541 Email: Rnfawler57 n,gnmiLcom A Privately Owned Company Website: www:Fowleroilandgaselaslca.com