Roadshow presentation
Lux
March 18, 2015
Primus Green Energy, Inc. © All rights reserved.
1
Converting Flared and Associated Gas to Valuable Liquid Products Cost Advantaged Feedstock (C1-C5) Globally Local production reduces significant transport costs Premium pricing for products in remote locations Highly motivated clients – Regulatory drivers – Oil producers – Security concerns
Primus Green Energy, Inc. © All rights reserved.
2
STG+ Process
Vertically integrated technology development company with 30,000 ft3 (2800 m3) facility for design, fabrication, assembly, testing, & operation Proven process - 3 patents awarded, 2 pending Resulting STG+: – 50% fewer parts, lower OpEx & CapEx than competing technologies – Modular manufacturing drives better economics – Mobilizable complete solution
Primus Green Energy, Inc. © All rights reserved.
3
Flexible Product Options Multiple Product Options 1. Gasoline 2. Diluent
3. Methanol
Uses • Standard transportation fuel for wholesale market • Crude thinner - mixed with heavy crude at oil production sites • Injected into oil and gas wells to inhibit hydrate formation • Biodiesel blending • Chemical Feedstock
Primus Green Energy, Inc. © All rights reserved.
4
Attractive Economics – Methanol – Multiple Clients Unlevered IRR vs Sell Price of Methanol 80%
Unlevered IRR
70%
60%
50%
40%
30%
20%
10%
0% $0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Sell Price of Product in $/Gal IRR @ $0 per MMBTU Feed
IRR @ $2 per MMBTU Feed Primus Green Energy, Inc. © All rights reserved.
IRR @ $4 per MMBTU Feed 5
www.primusge.com Primus Green Energy, Inc. © All rights reserved.
6
March 18, 2015
Primus Green Energy, Inc. © All rights reserved.
1
Converting Flared and Associated Gas to Valuable Liquid Products Cost Advantaged Feedstock (C1-C5) Globally Local production reduces significant transport costs Premium pricing for products in remote locations Highly motivated clients – Regulatory drivers – Oil producers – Security concerns
Primus Green Energy, Inc. © All rights reserved.
2
STG+ Process
Vertically integrated technology development company with 30,000 ft3 (2800 m3) facility for design, fabrication, assembly, testing, & operation Proven process - 3 patents awarded, 2 pending Resulting STG+: – 50% fewer parts, lower OpEx & CapEx than competing technologies – Modular manufacturing drives better economics – Mobilizable complete solution
Primus Green Energy, Inc. © All rights reserved.
3
Flexible Product Options Multiple Product Options 1. Gasoline 2. Diluent
3. Methanol
Uses • Standard transportation fuel for wholesale market • Crude thinner - mixed with heavy crude at oil production sites • Injected into oil and gas wells to inhibit hydrate formation • Biodiesel blending • Chemical Feedstock
Primus Green Energy, Inc. © All rights reserved.
4
Attractive Economics – Methanol – Multiple Clients Unlevered IRR vs Sell Price of Methanol 80%
Unlevered IRR
70%
60%
50%
40%
30%
20%
10%
0% $0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Sell Price of Product in $/Gal IRR @ $0 per MMBTU Feed
IRR @ $2 per MMBTU Feed Primus Green Energy, Inc. © All rights reserved.
IRR @ $4 per MMBTU Feed 5
www.primusge.com Primus Green Energy, Inc. © All rights reserved.
6
