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Titan Oil Recovery, Inc.
Organic Oil Recovery
Forward Looking Statement
• Thispresenta,oncontainsforward-lookingstatementswithinthemeaningofthePrivateSecuri,esLi,ga,onReformActof1995.Allstatementsincludedhereinthataddressac,vi,es,eventsordevelopmentsthattheCompanyexpects,believes,intends,oran,cipateswillormayoccurinthefuture,areforward-lookingstatements.Actualeventsmaydiffermateriallyfromthosean,cipatedintheforward-lookingstatements.AlthoughtheCompanybelievesthattheassump,onsunderlyingtheforward-lookingstatementscontainedhereinarereasonable,anyoftheassump,onscouldbeinaccurate.Therecanbenoassurancethattheforward-lookingstatementsincludedinthispresenta,onwillprovetobeaccurate.Inlightofthesignificantuncertain,esinherentintheforward-lookingstatementsincludedherein,theinclusionofsuchinforma,onshouldnotberegardedasarepresenta,onbytheCompanythattheobjec,vesandexpecta,onsofthecompanywillbeachieved.
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THEPROBLEM• 65%oftheWorld’sOilinExis,ngOilFieldsistrappedandcannotberecovered….
6.2 Trillion Trapped Barrels of Oil in Existing Oil
Fields
Economic Value over $300 Trillion (T)
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THESOLUTIONTitanOilRecovery–OrganicOilRecovery
• WeFreeTrappedOilUsingtheSciencesofNature
Proven-Proprietary-EcoFriendly-LowCostAverageWellProduc,onIncreases92%asaResultofTheTitanProcess
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GlobalResults• 48OilFields• 300WellApplica,ons• AverageProduc0onIncrease92%• OffshoreandOnShore
TreatmentSummaryNumberof Numberof Numberof Success Oil
Type Treatments Wells Increases Rate IncreaseISMRA(SingleWellTest) 49 47 36 73% 140%Producers 19 18 17 89% 133%Injectors 238 81 234 98% 54%Total 306 146 287 94% 92%
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BusinessModel
• RevenuesfromServicetoGlobalOilOperators• Charge$30,000-$400,000perWellTreatment• Injec,onWells:$500,000to$3,500,000PerTreatment
• WellTreatments2-3TimesPerYear• CashFlowfromTitanOwnedOilFields• JointVentureswithHalliburtonforInvestmentGroups
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StrategicPartnerHun,ngEnergyServicesBillionDollarOilServiceCompany
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Customers
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Offshore6,500Plaformsin53Countries
• LackofDeckSpaceProhibitsMostEnhancedOilRecovery
• PlaformsClosingsLeavingBillionsofBarrelsofOil
• NorthSeaPlaformClosings–OneEvery3Weeks
• GulfofMexicoClosings–OneEveryOtherDay!
• DecommissionCost:$100millionto$2billionperPlaforminNorthSea
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TitanProcessCustomerBenefits
• IncreasesOilproduc,on• CostperIncrementalBarrel:$6-$15Barrel• Excep,onalIRR• Faster• Cleaner• Biodegradable• LowCost• NoCapitalExpense• EasyImplementa,on• CashFlowImproves• ReserveAddi,ons
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• SPE124319MEORSuccessinSouthernSaskatchewan:HuskyEnergy:Documentsoilproduc,onincreasesof:225%,450%,100%and533%onvarioustestwells.
• SPE129742MEORSuccessinSouthernCalifornia:VenocoInc.:Documentsoilproduc,onincreasesof:300%,15%,27%,and752%onvariouswelltestsinSouthernCalifornia
• SPE145054WhatHasBeenLearnedFrom100MEORApplica,ons:Husky,Venoco,TitanOilRecovery:100Applica,onsdocumen,nganaverageoilproduc,onincreaseof127%frompre-treatmentratestopost-treatmentmaximumrates.
• SPE154216ATexasMEORApplica,onShowsOutstandingProduc,onImprovement:
A,numE&P,Inc.Documentsoilproduc,onincreasesrangingfrom25-90%withadrama,c
reduc,onofwatercut.ThesePaperswereselectedforpresenta,onandofficiallyapprovedforpublica,onby:TheProgramCommijeeforthe2009SPEAnnualTechnicalConferenceinNewOrleans,Louisiana4-7October2009;TheProgramCommijeeforthe2010SPEImprovedOilRecoverySymposiuminTulsa,Oklahoma24-28April2010;TheSPEKualaLumpur,MalaysiaEnhancedOilRecoveryConferenceJuly2011;TheSPETulsaImprovedOilRecoverySymposiumApril2012.
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• SpecialNutrientsareinjectedinproducingwellsandinjec,onwellstofeedthetrillionsofmicrobeslivinginthereservoir
• Certainresidentmicrobesrespondtothenutrientsandchange,wan,ngmoreoilontheirskin.Theythensurroundoilglobulesanddistorttheoil
• Theoilglobulesarenowdeformedandbreakintosmallerdroplets
• Micro-dropletsflowmorefreelythroughthereservoirrockandcanberecoveredfromthereservoir
• Microscopicphotobelowofactualreal,memicrobialinterac,onwithoildroplet.
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SimpleApplica,on
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TheTitanProcessEasytoGetStarted
• 1.FieldScreeningSimpleReservoirQues,onnaire.
• 2.LaboratoryAnalysisThe“Core”oftheProcess.• 3.FieldTestAnIn-fieldonewelltestprocessandanalysis
• 4.PilotWaterinjec,onsystemtrialonmul,pleinjectorsservicingproducingoilwells
• 5.FullFieldRecoveryWeadministertheprocessonfieldwideinjec,onwells,drama,callyincreasingoilrecovery
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ValuablePatents5Granted3Pending
• PermeabilityModifica,on:Granted• GravityAssistedEOR:Granted• TracerTechnologyforFluidFlow:Granted• CarbonateReservoirRecoveryBreakthrough• WejabilityAltera,on• LowSalinityEnhancementGranted• MicrobialAssistedWaterandGasAlterna,ng:Granted• NewDeliveryofNutrients
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TrappedOilU.S.MarketGlobalMarket$25Trillion$300Trillion
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FinancialProjec,ons(Millions$)
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Investment
• $25,000,000• Marke,ngandOpera,ons
• AcquireOilProper,es
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USEOFFUNDS
FieldAcquisi0onandProduc0on
FieldAcquisi,ons $14,500,000*
Acquisi,onandDives,tureProfessionals(Landman,Engineers) $780,000
Sub-Total $15,280,000
ServiceBusiness&Management
G&AExpenses,ScienceandTechnology,FieldOpera,ons $2,100,000
IntellectualPropertyPurchasePayments $3,917,481
InvestmentBanking,Consul,ngandFeesAssociatedwiththeInvestmentRaise $2,500,000
PayablesandUnreimbursedBusinessExpenses $1,031,456
Sub-Total $9,548,937
Con,ngency $171,063
Total $25,000,000
*Acquiringoilfieldswith50%debtand50%equitywouldequateto$29millioninacquisi,ons
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AllianceCompaniesShareholdersDistributedSharesinTwoSeparateOilService/Produc,onCompaniesat
noCost,MorePlannedfortheFuturetoAddressthe$300TrillionMarket
TitanOilRecovery
PetroLifeCanada
PetroLifeEnergy
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GlobalProfessionalsInvolved• BrianMarcoUe–Formerpresidentofthreemajorproduc,oncountriesforUnocalbeforetheChevron
merger• DrAlanHeeger-NobelLaureateinChemistry• RonHarrell–FormerCEOandChairmanofOilEngineeringandConsul,ngfirmRyderScojandSenior
AdvisertoCarlyleGroupandMorganStanleyEnergyPartners• ScotEvans–CurrentlyVicePresidentofHalliburton’sIntegratedAssetManagement• SaadTuraiki-Ex-ChiefPetroleumEngineeroverseeingthemanagementofalloilandgasfieldsinSaudi
Aramco.Ex-VicePresidentmanagingalloilfieldsinSouthernRegionresponsiblefor6-7millionbblsofproduc,onperday
• SammyHamzah-ViceChairmanoftheIndonesianPetroleumAssocia,on,CEOofPTEphindoIndonesia,FormerSeniorVicePresident,UnocalIndonesia.
• BillDaily–ExVPofAtlan,cRichfield(world’s7thlargestoilcompanybeforebeingboughtoutbyBP).InhislastCEOposi,on–hiscompanywasboughtoutfor$3billion.
• RogerLemons–CEOPetroLife,ex-Mgn.Dir.Jeffries,Ex.VPWinterRidgeEnergy,16YearsUnocal,Eng.• GaryAwad–ExVPofUnocal–Hislastenergydeal(LeadBoardmember)wasboughtoutfor$1.2billion• Dr.WarrenKourt–ProfessorofOil&GasatStanfordUniversity• CongressmanDanBurton–15TermformerMemberofU.S.Congress,Chm.ofHouseGovernment
OversightCommijee&RankingMemberofForeignAffairsCommijee;Chm.SubCommijeeEurope.• KennethJ.Gerbino–InvolvedwithonlytwoinvestmentbankingdealspriortoTitan;AthenaGoldwhich
wasboughtoutbyMiramarMiningwhichthenwasboughtoutbyNewmontMiningfor$1.5billionandFortressTechnologywhichwasboughtoutbyGeneralDynamicsfor$120million.
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KennethJ.Gerbino,Chairman• HeadofKennethJ.Gerbino&Company,aninvestmentmanagementfirmnowinits42ndyear.Previously
aDirectoroftheLosAngelesUnifiedSchoolDistrictAnnuityReserveBoardandFortressTechnologies,Inc.Formerco-managerofthepubliclytradedmutualfund,TheGrowth&IncomeFund.Founderandex-ChairmanoftheAmericanEconomicCouncil,ana,onwideeconomicreformgroupcreditedwiththepassageoftheUnitedStatesGoldCoinActof1984,establishingtheU.S.GoldEaglecoin.FormermemberoftheSenatorialTrustinWashington,D.C.FormerfinancialanalystforLijonIndustriesandRepublicCorpora,on.B.S.IthacaCollege.MBAfromSyracuseUniversity.
BrianW.G.MarcoUe,Director• BrianMarcojehasover43yearsofexperienceintheoilandgasindustryrangingfromtechnicalposi,ons
toexecu,vemanagement.DuringhiscareerwithUnocalCorpora,on,heheldtheposi,onsof:PresidentUnocalThailand,PresidentUnocalIndonesia,PresidentUnocalNetherlands,CorporateVicePresidentPublicPolicy,HealthEnvironmentandSafety,VicePresidentUnocalUSWesternRegion,andVicePresidentofTechnologyandAssetManagement.HeservedasChairmanoftheUnocalFounda0on.Mr.MarcojehasalsoservedasPresidentoftheBoardfortheIndonesianPetroleumAssocia0on,ViceChairmanofthePetroleumIns0tuteofThailand’sCouncilofTrustees,memberoftheThailandDevelopmentResearchIns0tute,theSasinGraduateSchoolofChulalongkornUniversityAdvisoryCouncil.Honored(2005)asaDis,nguishedMemberoftheSocietyofPetroleumEngineers.Ex-ChairtheInterna,onalLeadershipCouncilofTheNatureConservancy.BoardofTrusteesofMarymountCaliforniaUniversity.HehasaB.S.inPetroleumEngineeringfromtheUniversityofSouthernCalifornia.
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RobertW.Carroll,Director• ChairmanandCEOoftheBiofriendly/GreenPlusgroup.Ac,veinventor,co-inventorofGreenPlus®
combus,oncatalyst.Co-inventoroftheVortoiloil-waterseparatorsystemandotherenvironmentalproducts.Co-founderofBWNAutoma0cDoors,BWNVortoilandLiveOilServices.TheVortoiloil-waterseparatorwonthePrinceofWalesAwardforinnova,onandlaterwontheQueen’sAwardforthebestnewtechnologyintroducedtotheNorthSea.ItwasstatedthatwithouttheVortoiloil-waterseparatortheNorthSeawouldnothavebeenabletoenjoyitshighlevelproduc,ongrowth.
Dr.ColinHill,Director
EmeritusAssociateProfessorofMicrobiology,Radia,onOncologyandMolecularImmunology,KeckSchoolofMedicineofUSC.MemberDepartmentofEnergyReviewCommijees1983-2005MemberNASAReviewCommijees1983-2005,ChiefConsultantScien,stforBiofriendlyCorpora,on,MemberBoardofEditorsofInterna,onalJournalofRadia,onBiology,Authorof176PublishedPapersandAbstractsonvarioussubjectshavingtodowithcellorganisms
JohnSibert,III,Director• Dr.SibertisamemberoftheMalibuCaliforniaCityCouncilandservesasMayor.Heisformer
ManagingDirectorofGlobalFinancialGroup,ex-ManagerofResearchandDevelopmentforAtlan0cRichfield.DivisionAdministratoroftheCaliforniaIns0tuteofTechnology,TrusteeofClaremontGraduateUniversity,ConsultanttoNASAandJetPropulsionLab.,BoardofGovernorsoftheNa0onalCoastalResourcesIns0tute,AdvisoryBoardoftheOceansandAtmosphereAssocia0on.Ex-Execu0veDirectoroftheAlaskaScienceandTechnologyFounda0on.Ph.D.UniversityofCalifornia,SanDiego. 25
ScotEvans,Director• ScotEvansiscurrentlyVicePresidentofHalliburton’sIntegratedAssetManagementGroup,responsible
forglobaloilandgasassetmanagementfor11producingproper,es.His21yearexperiencewithHalliburtonincludesdevelopmentofbusinessrela,onshipswithseniormanagementsofNa,onalandInterna,onalOilCompanies.Hehas32yearsexperienceintheoil&gasindustryfromhispastposi,onsatExxon.HeisaspecialistinMatureFieldDevelopmentandAssetmanagement.Hisinterna,onalexperienceincludesAfrica,Asia,EuropeandLa,nAmerica.
MichaelT.Carroll,Director
• Mr.CarrollhasmostrecentlyservedasVicePresidentofTechnologyforLOSL(nowmergedwithTitan)andSeniorVicePresidentOpera,onsforBiofriendlyCorpora,on.HealsoservesasCEOandChairmanoftheBoardofHelioEnvironmentalSolu0ons,analterna,veenergycompanybringingzero-emissionenergytomarket.HepreviouslyservedasVicePresidentSalesandMarke0ngforBiofriendlyCorpora0onandwasaSeniorProjectEngineerforPeck/JonesConstruc,on.Mr.CarrollholdsaBachelorofScienceinConstruc,onManagementfromCaliforniaPolytechnic,SanLuisObispo.
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KennethJ.Gerbino,Founder,Chairmanandac0ngCEO
• PresidentofKennethJ.Gerbino&Company–Investmentmanagers43years
• Previously Director of the Los Angeles Unified School District Annuity Board, Athena Gold Corp and FortressTechnologies
• Founder&ExChm.oftheAmericanEconomicCouncil,creditedwithpassageoftheUSGoldCoinActof1984.
• FormerFinancialAnalystforLiUonIndustriesandRepublicCorpora0on.B.S.IthacaCollege,MBASyracuseUniv.
ProfessorColinHill,VicePresidentandSeniorScien0st
• EmeritusAssociateProfessorofMicrobiology,Radia0onOncologyandMolecularImmunology,KeckSchoolofMedicineofUSC.
• MemberDepartmentofEnergyReviewCommiUees1983-2005
• MemberNASAReviewCommiUees1983-2005• ChiefConsultantScien0stforBiofriendlyCorpora0on• MemberBoardofEditorsofInterna0onalJournalofRadia0onBiology• Authorof176PublishedPapersandAbstractsonvarioussubjectshavingtodowithcellorganisms
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MichaelT.Carroll,ManagingDirectorofOpera0onsMr.CarrollhasmostrecentlyservedasVicePresidentofTechnologyforLOSL(nowmergedwithTitan)andSeniorVicePresidentOpera,onsforBiofriendlyCorpora,on.HealsoservesasCEOandChairmanoftheBoardofHelioEnvironmentalSolu0ons,analterna,veenergycompanybringingzero-emissionenergytomarket.HepreviouslyservedasVicePresidentSalesandMarke0ngforBiofriendlyCorpora0onandwasaSeniorProjectEngineerforPeck/JonesConstruc,on.Mr.CarrollholdsaBachelorofScienceinConstruc,onManagementfromCaliforniaPolytechnic,SanLuisObispo
StevenP.Ramones,Controller
• 30yearcareerintheoilandgasindustry–accoun0ng&planning• Posi0onsatUnocalincluded:• Responsibleforimplemen0ngaccoun0ngpoliciesandproceduresforUnocalsU.S.andinterna0onal
businessunits.
• Responsibleforfinancialrepor0ngofenvironmentalliabili0es• Auditsandinforma0onsystems,Company-widefinancialandincometaxforecasts• B.S.Accoun0ngCalSateLongBeach,MBA,UCLA
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Dr.AlanJ.Heeger
• Dr.HeegeristherecipientoftheNobelPrizeinChemistry2000forhisresearchanddiscoveriesinthefieldofconduc,vepolymers.HeiscurrentlyProfessorofPhysicsandProfessorofMaterialsattheUniversityofCalifornia,SantaBarbara.Dr.Heegerhas60issuedpatentsandhaswrijenover600professionalar,clesforleadingscien,ficpublica,ons.HewasFounder,Chairman,andPresidentofUNIAXCorpora0on.Dr.Heegerhasbeentherecipientofmanypres,giousHonoraryDegreesatleadingdomes,candinterna,onalcollegesanduniversi,es.
GarethC.C.Chang• Mr.ChanghasservedontheBoardofDirectorsofAppleComputer,Palm,Inc.,andAgileSokware,andhas
beenamemberofNike’sAdvisoryBoard.Hebringsmorethan30yearsofinterna,onalbusinessexperiencetoTitan’sAdvisoryBoardwithaspecialemphasisonChina.Mr.ChangisFormerChairmanandCEOofNewsCorpora0on’sSTARTV,SeniorVicePresidentofHughesElectronicsCorpora0on,PresidentofHughesElectronicsInterna0onal,ChairmanofHughesJVCTechnology,CorporateVicePresidentofMcDonnellDouglasCorpora0on,andfoundingChairmanofMcDonnell-ShanghaiAvia0onExecu0veManagementBoard.Hewasnamedoneofthe“125ThinkersoftheWorld”byForbesmagazine.
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Contact:KennethJ.GerbinoTitanOilRecovery,Inc.
9595WilshireBlvd.,Suite303BeverlyHills,California
902123102810015
kgerbino@,tanoilrecovery.comwww.,tanoilrecovery.com
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