UNGS already has assets! 1. US Natural Gas Cor

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1. US Natural Gas Corp ("USNG" - formerly US Natural Gas Corp WV, is a wholly owned subsidiary that is responsible for the day-to-day operations of the Company's natural gas development project in Wayne County, West Virginia. USNG operates 122 natural gas wells and maintains a leasehold base of approximately 12,000 acres.

2. E 3 Petroleum Corp ("E 3" - is a wholly owned subsidiary that is responsible for the day-to-day operations of the Company's oil producing properties in Kentucky. The Company's assets previously held in the name of US Natural Gas Corp KY will be assigned and or transferred to E 3. E 3 shall also remain the bonding entity for all producing properties within the state of KY and WV.

3. E 2 Investments, LLC ("E 2" - is a wholly owned subsidiary that focuses on acquiring assets valued or equities trading at inherently depressed levels.

4. SLMI Options, LLC ("SLMI" - is a wholly owned subsidiary that focuses on the acquisition of corporate debt. SLMI was acquired by the Company in 2009 and currently holds in excess of $1.0 million in third party corporate debt.

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