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
  • 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.