Company Information Bayshore is a Canadian Public Company with its stock trading on the TSX Venture Exchange (BSH) Issued/Outstanding shares 16.4 million shares 52 week trading range - 0.12 to 0.45 Market Cap is therefore…
Management and Directors Peter Ho (Canada) CEO/President/Director Mark Roth (Canada) VP Finance CF Cheng (Hong Kong/China) China Executive Director Raymond Go (Shanghai/China) Director Kelly Knies (Canada) Business Development Advisor…
Peter Ho, P. Eng President/CEO/Director of Bayshore Petroleum. Over 30 years of oil/gas industry experience in North America, China, Middle East, and Asia. Mr. Ho is a professional engineer and has worked in international companies such…
Revolutionary Upgrading Technology Bayshore has secured new upgrading technology that is revolutionary in the production and transportation of liquid hydrocarbon products: Cold Catalytic Cracking (CCC) INNOVATIVE -This technology…
Conventional Oilsand/Heavy Oil Upgrading Complex Upgrading process involving High Pressures, Temperatures, and requiring the use of Hydrogen 7
NEW Cold Catalytic Cracking (CCC) Heavy Oil and Bitumen Upgrading Technology Catalyst 450 degrees Celsius Light Oil Atmospheric (30 API Pressure diesel) No Hydrogen Petcoke THREE ONE STEP Synthetic PRODUCTS Gas 8
CCC Technology Simple - Pyrolysis Process only by heating Specific - The process is designed to upgrade heavy oil directly to raw diesel and does not produce other petroleum distillates like gas, oil, kerosene, naphtha Efficient…
Initial Lab Scale Bench Test 10
11
Pilot Testing 2014 8 cubic meter batch scale pilot CCC upgrader in Beijing Facility 12
Heavy Oil vs. Light Oil Heavy Oil Light Oil Density (kg/m3) 983 860 Viscosity (cp) 7067 4.9 Flash Point (C) 120 39 API 11 28.9 Mol Wt 516.8
Initial Lab Testing Report 14
Successful Pilot Test A 72 hours continuous batch test was conducted in late May, 2014 with the same results as lab test 83% (volume) recovery of Diesel like Light Oil 7.3% (mass) Gas Yield 19.4% (mass) Petroleum Coke Yield The…
Diesel produced by Pilot Plant Synthetic Gas Flare Pet Coke 16
Capital Cost No expensive pressure vessel required Estimated capital cost is 10,000 US per barrel per day (b/d) of heavy oil processing capacity Example: 20 million US will fund construction of a 2,000 b/d heavy oil CCC processing…
Opportunity Current market cap of Bayshore is 4 million First plant size example: 1,650 b/d of production, capital cost 20 million At 20/barrel operating cash flow, cash flow per year from this production is ----12 million per…
Economics 1 Barrel of heavy crude oil processed using CCC process yields 0.83 barrels of Diesel using 0.02 barrels of catalyst Example: Diesel sales price (110x0.83) 91/barrel Heavy Oil price 60 Cost of Catalyst 4.00 Plant…
Global Heavy Oil Resource Development Opportunity 3.4 Trillion Barrels 20
Transportation of Heavy Crude Oil 21
Potential Diluents Market CCC upgrading process produced light oil that can be used as Diluents Diluents mix easily with original Heavy oil and the mixture is much easier to be transported by pipeline, rail and trucks Save…
Potential Refinery Bottom Residue Upgrade Bayshore signed LOI to upgrade Iraq refinery residum Joint venture with a local partner 50/50 and building a 1,000 barrels per day upgrader in Iraq refinery site. Total Capital commitment 12…
Desulphur Technology Bayshore signed a LOI to acquire the exclusive license right in Canada with a private technology company, which owns 9 patents related to desulphuring of hydrocarbon fluid using Ultrasonic technology. The…
Desulphur Technology Process Description: Using High Power ultrasonic wave mixing Hydrocarbon liquid (with high sulphur content), catalyst and oxidizing agent to react sulphur into aqueous sulphates solution. Using conventional…
Desulphur Technology Potential 2,000 barrels per day handling capacity IUT Patented Ultrasonic Technology 26
Funding Requirement Bayshore is seeking global joint venture opportunities in heavy oil and bitumen to expand the exploitation of CCC and Ultra sonic technology worldwide Bayshore is raising CAD 5 million maximum in a non-brokered…
Funding Requirement Use of Proceeds: working capital and engineering design (EPC) Securing the Desulphurization and CCC Licenses. Joint venture and asset acquisitions It is anticipated at least 3 major upgrader projects will be…
FUTURE DEVELOPMENT PLANS Develop revenue streams for the produced petroleum coke Currently the Beijing research institute that created the CCC process and Bayshore is exploring the use of the catalyst in-situ application If…
CONTACT Peter Ho peter.hobayshorepetroleum.com +1 403 630 4355 +852 9160 4450 Hong Kong Mark Roth mr.markjrothgmail.com +1403 615 0050 Head Office: 303 - 602 11th Avenue S.W. Calgary Alberta T2R 1J8 +1 403 290 6565 fax 30
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