Red Leaf Assets2 | Red Leaf Resources, Inc.

Red Leaf Assets

• IP with over $180 million invested to date
– US Patents: 24 granted; 8 pending
– International patents: 85 granted; 115 pending
• State leases in Utah with 715+MMBL under lease
• Additional 75+MMBL on contiguous state leases
• World-class oil shale laboratory
• Expert oil shale team
– Licensor for international projects in Jordan and Australia

Assets

PROJECT	ACREAGE	Resource Oil in Place	Technology
Seep Ridge	3,853	210+MMBL	Ecoshale®
Holliday Block	5,040	330+MMBL	Ecoshale®
Exploration Lease Option	6,077	175+MMBL	Ecoshale®
Sub-total	15,610	715+MMBL
Magic Circle/Bonanza	10,232	1400+MMBL	YTBD/In-situ
TOTAL	25,842	540+MMBL

Red Leaf has 9,154 additional acres in non-contiguous blocks that would require significantly higher oil prices to be economic.

Licensees

Questerre (Canada): Owns a license to the EcoShale® technology and an option to acquire additional licenses
• MOU in Jordan independently assessed at over 8 billion barrels
• Entering into negotiations for a concession agreement in early 2018

OilCorp (Australia): Site specific license in Queensland, Australia
• ~6 billion barrel, high grade, shallow resource
• Also own and operate National fuel distribution business

Tomco (UK): Site specific license in Utah
• ~1200 acre lease in the Holliday Block
• 126 million barrels as determined by SRK Consulting

TAQA (United Arab Emirates): Exclusive license for the country of Morocco (the only such exclusive license that exists)

Whitehorn (Canada): Site-specific license for Jordan and an option on a license.

32 West 200 South #552 | Salt Lake City, UT 84101 | Office: 801-878-8100 | Fax: 888-248-9806 | Email: info@redleafinc.com