STANDARD OIL COMPANY

Developing cutting-edge green technologies

for the conversion of carbonaceous materials

to cleaner energy solutions

Pyrolysis and Gas-to-Fuels Liquefaction Plants

Standard Oil Company Scrap Tire Processing

1 Title Page2 Contents

3-5 IntroductionIntroducing the company and technologies benefits

6-11 Technology ProcessMore detailed description of the process

12-14 Key Technological AdvantagesAdvantages of technology

15-18 Existing Tire PlantsPhotos and renderings of different plants currently in operation around the world

19-22 Proposed InvestmentStructure and interests

23 Q&A Standard Oil Contact Information

Contents

2

Existing Plants

Introduction (1)

3

Proposed Investment

• Standard Oil Company is an oil and gas company focused on pursuing viable energy independence solutions.

• Standard Oil Company USA Inc. acquired trademark rights for Standard Oil Company.

• It is in the process of developing, financing, constructing, owning and operating around the world.• Pyrolysis-Liquefaction Waste-to-Liquid (“WTL”) plants• Pyrolysis-Liquefaction Coal-to-Liquid (“CTL”) plants, • Biosolid-to-Liquid (“BTL”) plants, and• Gas-to-Liquid (“GTL”) plants.

• It has been able to acquire certain world rights to a proprietary technology for producing synthetic liquid fuels from such feedstock such as plastics, used tires and MSW from landfills.

Introduction (2)

• Standard Oil’sTechnology can assist our partners and clients in achieving a broad range of long-term goals, including;

– Energy independence– Diversification of revenue

sources– Responsible for profitable

disposal of operating waste streams

– Solving existing environmental problems

• Standard Oil’sTechnology converts scrap tires into the following main bi-products

– Synthetic Fuel (i.e. premium petrol, diesel, jet fuel, fuel oil)

– Scrap Steel– Carbon Black– Electricity

4Introduction

Pyrolysis Unit Gas-to-Fuels Liquefaction Unit

Introduction (3)

5

Introduction

Feed Stock Bin

Super-low NOx burner

Flue Stack

Vacuum pump

Automatic feed auger / transfer

system

Ash discharge

Combustion chamber

Gasified product vapors

Vapor condenser

Condensed liquid

Gas supply

Pressurized gas

storage

Technology Process

6

Technology Process

Gas-to-Synthetic Liquid FuelGas-to-Synthetic Liquid Fuel

Synthesis GasSynthesis Gas

Gas Scrubbing and CleaningGas Scrubbing and Cleaning

Producer GasProducer Gas

Pyrolysis Processing Pyrolysis Processing

Preprocessing of Feedstock

Preprocessing of Feedstock

A sterile and homogeneous feedstock must be properly prepared before entering the Pyrolysis Unit.

Feedstock Examples• Used Tires• Plastic Waste • Coal • Municipal Waste• Paper Pulp Sludge• Sewage Sludge

Technology Process (1)

7

Technology Process

Gas-to-Synthetic Liquid FuelGas-to-Synthetic Liquid Fuel

Synthesis GasSynthesis Gas

Gas Scrubbing and CleaningGas Scrubbing and Cleaning

Producer GasProducer Gas

Pyrolysis Processing Pyrolysis Processing

Preprocessing of FeedstockPreprocessing of FeedstockFeedstock enters the Pyrolysis chamber (transformation chamber) where temperatures ranging from 900F – 1150F facilitate the exothermic conversion of the feedstock and ultimately, the generation of producer gases and carbon black.

Producer GasThese are volatile gases which are extracted from the homogenous feedstock during the Pyrolysis processing stage. These gases are then drawn from the Pyrolysis chamber with the use of a gas blower.

Technology Process (2)

8

Technology Process

Gas Scrubbing and Cleaning The gas blower used to extract the producer gas from the pyrolysis chamber draws it through a gas filtration system which cleans the gas of any hazardous or carbon particles. Next, the gas passes through a sulfur-scrubbing process.

The result being a high-BTU, low-sulfur, clean and dry synthesis gas.

Gas-to-Synthetic Liquid FuelGas-to-Synthetic Liquid Fuel

Synthesis GasSynthesis Gas

Gas Scrubbing and Cleaning

Gas Scrubbing and Cleaning

Producer GasProducer Gas

Pyrolysis Processing Pyrolysis Processing

Preprocessing of FeedstockPreprocessing of Feedstock

Technology Process (3)

9

Technology Process

The high-BTU gas is then processed through a gas-to-liquefaction system to be converted into synthetic fuels.

Fuel ExamplesDiesel Fuel

Jet FuelPremium Petrol

Fuel Oil

This integrated system is capable of producing high volumes of ASTM International approved fuel which can be used onsite or blended with traditional fuel to be sold on the open market.

Gas-to-Synthetic Liquid Fuel

Gas-to-Synthetic Liquid Fuel

Synthesis GasSynthesis Gas

Gas Scrubbing and CleaningGas Scrubbing and Cleaning

Producer GasProducer Gas

Pyrolysis Processing Pyrolysis Processing

Preprocessing of FeedstockPreprocessing of Feedstock

Technology Process (4)

10

Technology Process

Producer Gas

Gas Turbine

Electricity

Pyrolysis

Processing

Pyrolysis Technology is Self Sustainable 1. Volatile Producer Gas also used to power the specially designed

super-low-NOx burners used to heat the homogenous feedstock, keeping most mechanical needs within the system.

2. These systems are also able to produce electricity from the producer gas.

If one Pyrolysis unit is set up onsite and to be connected with an electrical production system, such as a gas turbine, it would provide all the electrical needs to maintain the system.

This would allow the system to function completely self-reliant of all outside energy sources.

Technology Process (5)

11

Technology Process

• “Closed-loop” system produces NO emissions from the waste being processed, with the only emissions coming from the super-low-NOx burners used to indirectly heat the Pyrolysis unit

• Avoidance of exposure to air, oxygen, open flame and high temperatures during Pyrolysis greatly reduces the formation of toxic products and increases the energy content of the raw “producer” gas

• Ability to concurrently process multiple waste streams

• Ability to produce synthetic gas for production equipment, burners and boilers

• Ability to use raw “producer” gas for electricity production• Modular engineering design concept provides for built-in redundancy of key

components, and common maintenance and replacement parts thereby limiting downtime and maintaining near 100% production capacity.

• Ready system scalability, downward and upward

• Self-cleaning Pyrolysis system with little or no downtime

• System design provides for self-sufficiency without a need for outside sources of energy

• Potential for transportable design

• Ability to design, deploy and operate fully-integrated, cost-effective systems

There are many advantages of Standard Oil over other older technology, includes:

Key Technological Advantages (1)

12

Key Technological Advantages

The Standard Oil Company Pyrolysis System is a proprietary technology far superior to any thermal processing technology in the market.

Simple Standard Oil Pyrolysis Unit

Cooling tower

Cyclonic particle/air separatorFlue pipe

Waste (MSW) feed hopper

Feed valve

PLC based control panel with Honeywell burner

controls

Auger chamber

Structural skid module

Auger drive

Burner / indirect heat exchanger box

Key Technological Advantages (2)

13

Key Technological Advantages

The Standard Oil Pyrolysis System utilizes the a patented and proven super-low NOx burner that achieves the lowest level of NOx in the world(5 to 9-PPM) with cleaner emission levels than even the best low-NOx boilers.

This burner produces the lowest level of emissions (CO2, NO2, and SO2) compared with any other rated burner in the world.

These burners operate from the producer gases originating within the system and are only functioning when the Pyrolysis chamber drops below levels ideal for exothermic conversion. This allows these systems to become the most efficient of their kind.

Guaranteed burner / flue stack emissions*: • CO < 100-PPM• NOx < 50-PPM

*Emissions are often lower than above

Key Technological Advantages (3)

14

Key Technological Advantages

World’s Most Efficient Burner

Systems have been designed and installed in the USA and several locations outside the USA.

The systems have been proven in the waste-to-energy business since the early 1990’s with the redesign of one of two existing scrap tire to fuel plants in China. Pictures of these plants are shown.

Scrap Tire Processing Plants

15

Existing Tire Plants

The designs below are of a 200 ton per day tire processing installation that is functioning .

Scrap Tire Processing Plant

16

Existing Plants

The system pictured below is a 12 ton per day system which was commissioned in Tacoma, Washington earlier last year.

Existing Plants

Scrap Tire Processing Plant –Washington

17

The waste gases produced from this Tennessee scrap tire plant are being used to fire a Liebherr generator set.

Additional Operations –Tennessee Plant

18

Existing Plants

Proposed Waste Processing Projects

19

Proposed Investment

• Phase One (Second Quarter 2014)– Texas Plant – an initial 50 metric tons per day (potential 100

tons) – New Jersey Plant – an initial 50 metric tons per day (potential

100 tons)

• Phase Two (Third Quarter 2014) – Texas Plant – an expansion of 100 metric tons per day – New Jersey Plant – an expansion of 100 metric tons per day

• Phase Three (Forth Quarter 2014) – New Jersey Plant – an expansion of 100 metric tons per day– Canada Plant – an expansion of 50 metric tons per day

• Phase Four (First Quarter 2015) – Kentucky Plant – MSW initial 400 metric tons per day.

Proposed Scrap Tire Processing Projects

20

Proposed Investment

• Agreed Supply Agreements– Texas Plant – 25 year contract - an initial 50 metric

tons per day (potential 100 tons) – New Jersey Plant – 20 year contract - an initial 50

metric tons per day (potential 100 tons)

• Ongoing Negotiations – Kentucky – 25 year contract - an initial 50 metric tons

(potential 100 tons) – Florida Plant – 25 year contract - an initial 100 metric

tons per day (potential 200 tons)

Proposed Scrap Tire Processing Plant Funding

21

Proposed Investment

• Phase One Funding – Investor Equity – US $7.5 million - 50% of Equity– Standard Oil Equity – US $7.5 million- 50% of

Equity

• Use of Phase One Funds– Texas Plant – US $15, million for an initial 100

metric tons per day

• Phase Two to Five Funding – New Jersey Plant – US $7.5 million for an initial

50 metric tons per day

Proposed Investment Structure

22

Proposed Investment

Plant JVC

Energy Dynami

csPrivate Investor

Standard Oil Company

Offtakers

Joint Venture Agreement

Fuel SalesCarbon BlackScrap Steel

50%

50%

Standard Oil Internationa

lO&M

Agreement

Standard Oil Company

STANDARD OIL COMPANY

Thank You

For more information please contact CEO Ronald Brooks

111 Lincoln Centre5430 LBJ Freeway Ste. #1200

Dallas, TX 75240

RBrooks@standardoilusa.com