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Titan Oil Recovery, Inc. Organic Oil Recovery

Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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Page 1: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

Titan Oil Recovery, Inc.

Organic Oil Recovery

Page 2: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 3: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 4: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

THESOLUTIONTitanOilRecovery–OrganicOilRecovery

•   WeFreeTrappedOilUsingtheSciencesofNature

Proven-Proprietary-EcoFriendly-LowCostAverageWellProduc,onIncreases92%asaResultofTheTitanProcess

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Page 5: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 6: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

BusinessModel

•   RevenuesfromServicetoGlobalOilOperators•   Charge$30,000-$400,000perWellTreatment•   Injec,onWells:$500,000to$3,500,000PerTreatment

•   WellTreatments2-3TimesPerYear•   CashFlowfromTitanOwnedOilFields•   JointVentureswithHalliburtonforInvestmentGroups

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Page 7: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

StrategicPartnerHun,ngEnergyServicesBillionDollarOilServiceCompany

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Page 8: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

Customers

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Page 9: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

Offshore6,500Plaformsin53Countries

•   LackofDeckSpaceProhibitsMostEnhancedOilRecovery

•   PlaformsClosingsLeavingBillionsofBarrelsofOil

•   NorthSeaPlaformClosings–OneEvery3Weeks

•   GulfofMexicoClosings–OneEveryOtherDay!

•   DecommissionCost:$100millionto$2billionperPlaforminNorthSea

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Page 10: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

TitanProcessCustomerBenefits

•   IncreasesOilproduc,on•   CostperIncrementalBarrel:$6-$15Barrel•   Excep,onalIRR•   Faster•   Cleaner•   Biodegradable•   LowCost•   NoCapitalExpense•   EasyImplementa,on•   CashFlowImproves•   ReserveAddi,ons

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Page 11: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

•   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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Page 12: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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Page 13: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

•   SpecialNutrientsareinjectedinproducingwellsandinjec,onwellstofeedthetrillionsofmicrobeslivinginthereservoir

•   Certainresidentmicrobesrespondtothenutrientsandchange,wan,ngmoreoilontheirskin.Theythensurroundoilglobulesanddistorttheoil

•   Theoilglobulesarenowdeformedandbreakintosmallerdroplets

•   Micro-dropletsflowmorefreelythroughthereservoirrockandcanberecoveredfromthereservoir

•   Microscopicphotobelowofactualreal,memicrobialinterac,onwithoildroplet.

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Page 14: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

SimpleApplica,on

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Page 15: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

TheTitanProcessEasytoGetStarted

•   1.FieldScreeningSimpleReservoirQues,onnaire.

•   2.LaboratoryAnalysisThe“Core”oftheProcess.•   3.FieldTestAnIn-fieldonewelltestprocessandanalysis

•   4.PilotWaterinjec,onsystemtrialonmul,pleinjectorsservicingproducingoilwells

•   5.FullFieldRecoveryWeadministertheprocessonfieldwideinjec,onwells,drama,callyincreasingoilrecovery

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Page 16: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

ValuablePatents5Granted3Pending

•   PermeabilityModifica,on:Granted•   GravityAssistedEOR:Granted•   TracerTechnologyforFluidFlow:Granted•   CarbonateReservoirRecoveryBreakthrough•   WejabilityAltera,on•   LowSalinityEnhancementGranted•   MicrobialAssistedWaterandGasAlterna,ng:Granted•   NewDeliveryofNutrients

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Page 17: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

TrappedOilU.S.MarketGlobalMarket$25Trillion$300Trillion

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Page 18: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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Page 19: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

FinancialProjec,ons(Millions$)

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Page 20: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

Investment

•  $25,000,000•  Marke,ngandOpera,ons

•  AcquireOilProper,es

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Page 21: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 22: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

AllianceCompaniesShareholdersDistributedSharesinTwoSeparateOilService/Produc,onCompaniesat

noCost,MorePlannedfortheFuturetoAddressthe$300TrillionMarket

TitanOilRecovery

PetroLifeCanada

PetroLifeEnergy

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Page 23: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 24: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 25: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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

Page 26: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 27: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 28: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 29: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

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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Page 30: Titan Oil Recovery, Inc...• SPE 145054 What Has Been Learned From 100 MEOR Applicaons: Husky, Venoco, Titan Oil Recovery: 100 Applicaons documen,ng an average oil produc,on increase

Contact:KennethJ.GerbinoTitanOilRecovery,Inc.

9595WilshireBlvd.,Suite303BeverlyHills,California

902123102810015

kgerbino@,tanoilrecovery.comwww.,tanoilrecovery.com

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