San Juan Bioenergy

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San Juan Bioenergy
Through construction of a vertically integrated
oil extrusion and biodiesel production facility
in the Four Corners area of Colorado, San Juan
Bioenergy seeks to promote a strong agricultural
sector, improved national security, air quality
benefits, and continued access to renewable fuels
for a sustainable economy.

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Marketing / Crop Contracting Region

• Core Area 240k dry, plus 110k irrigated acres
• E. Utah 80k irrigated acres, higher elevation
• NW New Mexico 80k irrigated acres, lower
  elevation
• San Luis Valley 100k irrigated acres, growing
  water limitations
• Uncompahgre River Valley lower elevation

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• San Juan Biodiesel Business Plan
• Initiate operations selling 90 sunflower oil
  into food markets
• 2.5 million gallon per year facility in Dove
  Creek, initiating operations at half capacity
• Approx. 60k acres of crops required for full
  capacity
• Expansion to 5.0 mmgy possible in the future
• Slowly begin biodiesel production to ensure
  quality critical to the industrys success
• Move into greater biodiesel production with
  additional feedstocks and right market conditions

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Dryland Crop Comparisons
Crop Yield Basis Price Gross Net
Sunflower 900 lbs/acre 08 Offer 18.0 /lb. 153 49
Wheat 16.5 bu/acre Dec. 07 7.5 /bu. 124 38
Beans 500 lbs/acre Dec. 07 28.0 /lb. 140 23
Irrigated Crop Comparison
Crop Yield Basis Price Gross
Sunflower 2400 lbs/acre 08 Offer 14.0 /lb. 432
Oats 90 bu/acre Dec. 07 3.36/bu 302
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Dolores County Year 2007 Crops

• 10,000 acres contracted at 14.0/lb. w/ oil sales
  premium up to 15.0/lb.
• 7,000 acres harvested

Crop Yield Basis Price Gross
Sunflower Dry 658 lbs/acre Projected 2007 price 15.0 /lb. 98
Beans Dry XXX lbs/acre Dec. 07 price 28.0 /lb. XX
Wheat Dry XXX bu/acre Dec. 07 price 7.5 /bu. XX
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Feedmeal

• Sunflower meal excellent for dairy and beef
  cattle, horses and sheep.
• Lower blends required for swine and poultry.

Meal Protein Fat Price Index Projected Price (exc. delivery)
Soybean 48 1 FOB Midwest 351/ton (17.5/lb.) delivery
Sunflower (partially dehulled) 35 - 44 10 80-100 soymeal delivery 281/ton (8.8/lb.) 351/ton (17.5 /lb.) delivery
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Questions? Jeff Berman, Project
Manager 970-422-2025, jeff_at_sanjuanenergy.com Dan
Fernandez, CSU Dolores County 677-2283,
daniel.fernandez_at_colostate.edu www.sanjuanenergy.
com
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