Genoil Inc. · OTC:GNOLF
Genoil — Investor Presentation (October 2021)
33 slides from Genoil's investor presentation, October 2021
Slide 1: GenOIL Inc.
Producing high value crude oil from low quality, low priced high sulfur dirty crude oil feedstocks Proven High Tech FULL UPGRADING Technology GenOIL Inc. (OTC - QB: GNOLF) The Genoil Hydroconversion Upgrader Converting Heavy High Sulphur Crude (bad oil) è Light Low Sulfur Crude Oil (good oil) Proven
Slide 2: Forward-looking
Forward-looking The statements made by representatives of Genoil Inc. during the course of this presentation that are not historical facts are forward-looking statements. Although Genoil believes that the assumptions underlying these statements are reasonable, investors are cautioned that such forwa
Slide 3: Overview
Overview • Genoil Inc. of Canada was established in 1996 • Employs 25 total staff members • (Owns world’s most high tech hydroconversion technology which converts crude oil with lots of carbon to low carbon easy to refine crude which produces no residue. • 10 bpd Full Bodied Upgrader • Salt Caverns
Slide 4: Recent Developments
Recent Developments For Press articles, click italicized underlined links n Genoil Earns Revenues - Signed Consulting Agreement in Uzbekistan to Start Production at Large Heavy Oil Fields (Oct 17, 2021). Expects to be cash flow positive by year end. n Genoil Signs Agreement with representative of th
Slide 5: Genoil Inc. – Equity Profile Financial Backing for Projects
Genoil Inc. – Equity Profile Financial Backing for Projects • OTCQB: GNOLF - Management, Market Capitalization: 国家开发银⾏ $14 M CHINA DEVELOPMENT BANK CORPORATION Private and Confidential • https://sec.report/CIK/0001261002 Date: April 7，2016 To: Saudi Arabian Oil Company Cc: Beijing Petrochemical Engi
Slide 6: GHU High Tech Overview
GHU High Tech Overview – n Genoil Inc. is a technology development company which has developed an advanced proven and patented hydroconversion process. ¨ High Margins - technology greatly reduces operating costs for oil producers. ¨ Significantly increases profits for oil producers, exporters and tr
Slide 7: Oil Field Upgrading Strategy
Oil Field Upgrading Strategy GENOIL CAN MAKE 33 API SYNCRUDE AT THE OIL FIELD THAT YEILDS NO RESIDUE IN A REFINERY NO RESIDUE = HUGE PRICE PREMIUM OVER RAW 33 API PUMPED FROM THE EARTH GHU Technology UPGRADES Low Quality Crude into High Quality Crude Syncrude What is FULL upgrading? It’s taking Crud
Slide 8: Examples of Low Quality Oil Being Converted to High Quality Oil
Examples of Low Quality Oil Being Converted to High Quality Oil Genoil conducted a series of 12 different runs to confirm the required operating conditions and performance to meet the product objectives and specification for export sales crude: Upgrade crude gravity to minimum of 32.0O API and sulfu
Slide 9: Project Economics Without GHU
Project Economics Without GHU In most cases, condensate costs exceed the value Today cost of of the crude in the blending can be ground by almost as high as $57 / double. bbl. This factor ensures our margins. With GHU at the field – no need for blending – ensuring our super conservative $25.00 + pro
Slide 10: Economic Benefit With GHU
Economic Benefit With GHU Increasing the price and quality of crude oil with proven technology www.genoil.ca 4Q, 2021 10
Slide 11: Proposed Fujairah GHU Port Upgrader Financial Analysis
Proposed Fujairah GHU Port Upgrader Financial Analysis Increasing the price and quality of crude oil with proven technology www.genoil.ca 4Q, 2021 11
Slide 12: Lucrative Royalty Models For Saudi $3 million p/day profit
Lucrative Royalty Models For Saudi $3 million p/day profit n ECM Revenue – (Engineering and Consulting) – The ECM revenue involves the upfront/basic engineering, project design, procurement and implementation for upstream and downstream projects. These revenues are typically calculated at between 15
Slide 13: Dramatic Pollution Reduction
Dramatic Pollution Reduction 1. GHU decarbonizes and cleans impurities from crude by enhancing API & Eliminating Sulfur & other impurities 2. Environmental benefits, Genoil adds hydrogen, dramatically reducing the amount of carbon molecules (reducing carbon) and complete sulfur elimination. 3. Envir
Slide 14: Strategic Focus
Strategic Focus n At the request of Genoil and our strategic energy partners, China Development Bank issued Saudi Aramco $5 billion Letter of Intent for the first phase of $35 billion project. n This allowed Genoil to take an important lead role consulting for numerous companies on global projects.
Slide 15: Genoil Now Provides A Wide Array of Products & Services
Genoil Now Provides A Wide Array of Products & Services A more comprehensive R&D & technology implementation strategy n Genoil R&D is supported with engineering and sales support from three of the most respected petroleum institutes in the world, OJS (VNIIUS) Kazan, UFA Institutes & IMP can provide
Slide 16: Strong Partners
Strong Partners Genoil working with SDIC Complant: 10% • SDIC Complant is the largest state-owned investment 30% holding company in China. 60% • Complant has USD $160 billion USD under management. • Complant has Sovereign and Quasi Sovereign international credit ratings according to Moody’s Standard
Slide 17: Strong Engineering Partners
Strong Engineering Partners 10% 30% 60% A more competitive Business Development strategy Increasing the price and quality of crude oil with proven technology www.genoil.ca 4Q, 2021
Slide 18: Market Analysis, Oil Prices Will Continue To Rise
Market Analysis, Oil Prices Will Continue To Rise n Underinvestment in energy infrastructure in recent years n Need for higher E&P spending - E&P spending down 50% since 2014 (Catastrophe looming) n Increased demand for petrochemical technologies in feedstock disadvantaged territories (i.e. Mexico,
Slide 19: Competitive Angle
Competitive Angle A more competitive technology implementation strategy n Genoil is providing consulting services which can lead to immediate revenues. n Genoil is global - sourcing project opportunities from all over the world where our technologies can be utilized. n Genoil to earn fees typically
Slide 20: Experienced Board Management
Experienced Board Management n David Lifschultz, Chairman and CEO Ø Activist investor and former President and CEO of Lifschultz Industries Inc., proven and successful manager who sold Genoil to the Danaher Corp in 2001 Ø Donald J. Trump, Sarah Korein & David were partners in Lifschultz Industries.
Slide 21: Management Team
Management Team: Deep Level of Project Implementation Experience Douglas Phillips - Ø Former CEO Mazars USA & Co-CEO of Mazars Global Ø one of the top 10 accounting firms in NYC. n Raushan Telyashev – Head of Genoil Engineering Team Ø Former General Director and head of R&D at Lukoil & the Russian R
Slide 22: Genoil First Rate Engineering Team
Genoil First Rate Engineering Team: Unmatched Technical Experience n Eng. Aydar Mussallyamov– 17 years of industry experience Ø Lukoil Uraineftgaz Refinery Deputy Director and Chief Engineer and Chief Engineer of a gas processing plant & Chief specialist in project office of Isomerization Unit Const
Slide 23: Genoil First Rate Engineering Team
Genoil First Rate Engineering Team: n Dr. Yulia Tskhvediani Ø Former head of office of Ventech Engineers Inc. in Russia where she brought in more than $750 million US dollars in sales for the firm. Ø Detailed experience in feasibility studies designa dn process of supply equipment. n Alexander Kurmi
Slide 24: Genoil First Rate Engineering Team
Genoil First Rate Engineering Team: n Haijun Xu – Process Engineer Ø Specializes in the Genoil GHU technology and is a graduate of Tsinghua University of China. n Marco Quintela – Senior Process Supervisor Technologist Ø Marco has over ten years of experience with Genoil. He has a Chemical Engineeri
Slide 25: Competing Technologies – GHU Advantages
Competing Technologies – GHU Advantages GASOLINE (%YIELD verus API) GHU Competing Delayed Coking (Hydrogen Hydroconversion (Carbon Rejection) 80% Addition) Technologies 75% Residue Up to 96% 65%-75% 70-85% 70% Conversion Temperatures Low/Medium Medium- Very High High 60% Volume Output 100-104% 100-1
Slide 26: Genoil’s GHU Technology Explained
Genoil’s GHU Technology Explained Superior technology and benefits • Genoil has the GHU technology and operational “know how” to convert atmospheric residue (or reduced oil) or heavy crude oil into light sweet products (particularly diesel fuel) or to obtain better API and low sulfur crude oil • GHU
Slide 27: Genoil Hydroconversion Upgrader - Advantages
Genoil Hydroconversion Upgrader - Advantages Ø Higher liquid yields than coking processes • Output is 100 – 107% of liquid input volume compared to approximately 80% for upgrading whole body crude into upgraded crude using the coking process Ø Flexibility for the refiners to process sour, heavier cr
Slide 28: Most Established Independent Oil Technology Company
Most Established Independent Oil Technology Company Tom Mcauley’s Northsound USD $ 60 million invested by management friends Capital & Conoco Canada USD $ 80 million raised by and family – CEO Never sold a share Genoil since inception. pumped in $10 million USD September September January 2017 Jose
Slide 29: Case Study – Different Technological Comparisons
Case Study – Different Technological Comparisons Ebullating Bed Conversion Rates Summary Of Economics Genoil Hydroconversion VS Visbreaking • Bankrupted Ivanhoe Energy sold their worthless visbreaking technology to FluidOil for $25,000 (scrap value). • GHU Conversion Rate 95% • GHU Lowers CO2 emissi
Slide 30: Why GHU? How much does it improve the quality of oil?
Why GHU? How much does it improve the quality of oil? n Because heavy oil contains low amounts of Hydrogen, it can take three times as much heavy oil to produce the same amount of Gasoline, GHU solves this problem. n Lowers CO2 emissions, and Carbon. n The Genoil GHU® adds hydrogen to the oil, there
Slide 31: Why Heavy Oil? Because Demand Keeps Growing!
Why Heavy Oil? Because Demand Keeps Growing! Global World Oil Demand Exceeds Supply Future Demand must be met by the next quality grade down from conventional crude Increasing the price and quality of crude oil with proven technology www.genoil.ca 4Q, 2021 31
Slide 32: Technology Application
Technology Application Ø Upstream: Full FIELD UPGRADING, RECEIVING TERMINALS, PIPELINE 100 million bpd market GHU® full upgrading facility located at the oil producing field to convert high sulphur, heavy crude to sweet lighter fraction crude increasing the value and product slate of each barrel, an
Slide 33: World Heavy Oil & Light Oil Ratio
World Heavy Oil & Light Oil Ratio Assumptions: According to Schlumberger some fields decline at a 15% rate. Demand for oil grows by 2% per year – Genoil can meet this demand Year CRUDE OIL RESERVES CRUDE OIL DEMAND HEAVY OIL DEMAND MET BY UPGRADING # PROD Billion barrels Billion barrels Billion barr