Stockholm Stockholm 3 Dec, 2013

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1 Stockholm Stockholm 3 Dec, 2013

2 Ny bild WASTE TO ENERGY

3 Technology WASTE MATERIALS SUITABLE FOR THE CASO TECHNOLOGY

4 China doesn t even want to buy our garbage anymore China s new Green Fence policy has created mountains of plastic waste in the rest of the world An interesting opportunity for Cassandra Oil SACYR, SPAIN

5 SACYR / VALORIZA SERVICIOS MEDIOAMBIENTALES SA Cassandra Oil has agreed with VSM to start tests for implementation of the CASO technology on several sites in Spain Waste material at VSM s site near Cadiz Waste material from VSM arrived recently for tests in Sweden Sacyr is a Spain based international company who engages in construction, real estate, contracting and services including waste management (VSM) Sacyr employs 70,000 people and has a balance sheet of 14 billion Euro They also own 95% of Repsol

6 WASTE = RAW MATERIAL Plastic oil barrels, a waste product from refinaries which can be processed in CASO 6

7 OIL LAKES IN IRAQ - June 18, 2006: With few options for disposing of Bayji's current production of black oil and so much at stake for the Iraqi economy, it is unclear whether the government will be able to hold the line on the burning at Makhool A US official in Baghdad said last week that Bayji was still turning out about 90,000 barrels a day of refined products, which would yield about 36,000 barrels a day of black oil The CASO technology has been approved to be used in Iraq The Iraqi waste oil can now become an oil reserve beyond description for Cassandra Oil

8 Mr Albuoali Jaafar, Manager, South Oil Company, Iraq Mr Ismael Abdulhamed, Manager, Oil pipelines Company, Iraq EVALUATION OF CASO TECHNOLOGY

9 INVESTMENT LICENSE

10 PARTS OF CASSANDRA OIL S SITE NEAR KIRKUK IN IRAQ One of many oil lakes in the area assigned to Cassandra Oil Photo taken

11 SITE PLAN KIRKUK, IRAQ SEAB/IRAQ KIRKUK - ERBIL MAIN ROAD AKKAD (NZ) PROJECTS Address:75 A Birdwood Ave, Papatoetoe Ph: Mobile: info@akkadconz 3,511 8,001 HIGH VOLTAGE LINE L M K 16,156 35,000 16,663 P 20,000 6,000 10,000 2,950 20,000 Z 15,000 Q P A 7,000 5,000 G F E H H A B C D E F Guard Tower Trees Fence Gate House 3m x10m Gate Office 25m x 10m Kitchen,Medical, Prayer,Laboratory 10 x 15m G Work Shop H Oil tank outlet R=6m H=45m: x 4 No K Reactor Building L Genorator Building 10 x 15m M Diezel tank for Genorator R25 H35 x 2pcs N Vater tank O Pit for liquid sludge 35x20x25m P tank for input to reactor R=3 H=3 2pcs Q Separating Building 20x15x5m W Pet for solid west 35x20x2m Z Watter treatment 15x10x4 H 6,000 8,873 H 16,156 27,616 4,634 1,000 13,000 W 20,000 GATE 4 Entry Trucks Exit 2,050 Entry GATE 3 10,000 PARKS N 9,181 10,000 M 25,000 5,000 5,000 5,000 15,000 18,082 5,000 26,618 25,000 13,119 One of many oil lakes in the area Photo taken O GATE 1 N 28,366 14,311 13,702 35,000 12,363 15,000 15,000 15,000 16,481 PROJECT: OSS CLIENT/OWNER: SEAB INITIAL CONCEPT A ISSUED SITE PLAN SCALE 1/ REV DATE Site Plan DATE SCALE JOB NO DRAWN AS SHOWN AKK-IRAQ -01 AKKAD (NZ) PROJECTS

12 PROJECT: CLIENT/OWNER: INITIAL CONCEPT ISSUED SCALE DATE AKKAD (NZ) PROJECTS Address:75 A Birdwood Ave, Papatoetoe DRAWN JOB NO Ph: Mobile: info@akkadconz Ground Floor Plan Drawing No 102 A REV DATE AS SHOWN AKK-IRAQ -01 AKKAD (NZ) PROJECTS Rev A FLOOR PLAN OF THE CASO BUILDING , ,814 E D C One of many oil lakes in the area Photo taken B A1 A , ,000 10,000 10,000 10, ,841 4,050 26,929 4,050 2, UNIT R1 UNIT R2 UNIT R3 UNIT R 4 TRENCH TO CONFIRM BY REACTOR DESIGNER UNIT R 5 3,658 1,050 26,884 1,050 7, ,799 A1 9 7,200 5,200 7,000 5,000 7,000 24,814 2 North Elevation 1:100 5,000 2,000 7,000 4 South Elevation 1: IRON ROOF TO SUITE PITCH ANGLE TO MANUFACTURER RECOMENDATIONS steel portal frame to engineer design ±0 1 Ground Floor ,000 7, TThick Reinforcement slab to structure engineer designer 1500x1500x800 deep mm reniforcemnt concrete pad for columns to structure engineer designer 6 Section AA 1: ,525 4,050 10, ,500 REACTOR BUILDING PLAN (K) SCALE 1/100 2,000 3 East Elevation 1:100 OSS SEAB

13 CASO BUILDING CONTAINING 5x CASO 1500 & CASO 600 One of many oil lakes in the area Photo taken

14 CASSANDRA OIL HAS THE SOLUTION OF A LONG LASTING PROBLEM 9200 LAKES OF HEAVY OIL IN VENEZUELA A POTENTIAL OIL RESERVE FOR CASO OF 200 BILLION BARRELS! Each lake contains about million barrels of oil waste The CASO process converts this waste into a product, that will replace the 10,000 barrels of diesel oil per day currently used as a solvent to enable the heavy crude from the wells to be pumped in the pipeline to the refineries

15 THE DELEGATION IN SWEDEN DEC 2012 FOR EVALUATION OF THE CASO TECHNOLOGY

16 MURO 4 - THE CONCLUSION Venezuela is the world's 5 th largest oil exporting country and has the world's largest proven oil reserves at an estimated 2965 billion barrels = 20% of global reserves THE REQUEST : INCREASE API BY 5 UNITS from 8 Increased to 22 DECEREASE ASPHANLTINE BY 40% Decereased by 97 % DECREASE METAL CONTENT BY 40% Decereased by 998%

17 ANALYSIS OF TEST OF PROCESSED MURO 4, Asphaltine content before and after the CASO process Distillation curves showing effectiveness of the CASO cracking Effectives of the removal of heavy metals in the CASO process

18 Technology WASTE MATERIALS- FUTURE MARKETS

19 OIL SPILL FUTURE PLANS FOR A SMALL PORTABLE MODEL

20 Technology THE CASO REACTOR TECHNOLOGY 20

21 REACTION Video of hydrocarbon cracking

22

23

24

25

26

27

28

29

30 THE CASO REACTOR THE HEART OF CASSANDRA OIL S TECHNOLOGY

31 TESTS

32 MIXED PLASTIC

33

34 WASTE MATERIAL TO END PRODUCT + 4 minutes =

35 WASTE TIRES

36

37

38 PRODUCTION CAPACITY POTENTIAL BARRELS OF OIL PER YEAR: CASO 600 Tires: 100,000 (+ carbon black and scrap steel) Plastics: 120,000 Oil sludge: 100,000 Power: 600 kw POTENTIAL BARRELS OF OIL PER YEAR: Tires: 250,000 (+ carbon black and scrap steel) Plastics: 300,000 Oil sludge: 250,000 Power:1500 kw CASO 1500

39 TEST RESULTS OF OIL FROM CASO D eg 500 r e e C e l s i u s Blir ny bild CASO 600 PlasSc CASO 600 Rubber CASO Cat AO CASO 600 Rubber / sand Chevron Standard D2 Diesel min Diesel max Marine Diesel max %

40 DESTILLATION PROCESS Oil from CASO 600

41 PRODUCTS

42 CASE STUDY COST ANALYSIS Cassandra Oil AB CASO Reactor Processing plant Cost per metric ton of produced MOD Depreciation; $53; 21% Overhead costs; $14; 6% Raw Material; $80; 32% Catalyst ; $19; 8% Total production costs: per ton of MDO Considering contribution sale of steel and Carbone Black Cost of oil production per barrel $ 42,9 Operation Costs; $54; 22% Maintenance; $28; 11%

43 PREPARED FOR THE ASSEMBLY LINE

44 CASSANDRA OIL IS PROUD TO BE ABLE TO CONTRIBUTE TO: A cleaner environment Welfare by establishing new sustainable work opportunities A reasonable return on investments for Cassandra Oil s shareholders Thank you for listening!

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