1. Solar Steam Generators For Enhanced Oil Recovery

2. Reduction in EOR gas use Increase proved reserves Maximize In- country value

3. 3 Please visit http://www.youtube.com/user/GlassPointSolarhttp://www.youtube.com/user/GlassPointSolar

4. heating the formation makes heavy oil easier to pump Thermal Enhanced Oil Recovery (EOR)

5. Thermal EOR Delivers Production Source: Chevron

6. EOR has reversed oil production decline Increased oil production has increased gas use

7. 22% Enhanced Oil Recovery (EOR) Gas Supply-Demand Balance in Oman Produced Imported 94% 6% 34% 44% Exported Consumed

8. 98% of fuel burned is used for steam 500 Barrels of Steam (200 MMBtu) Artificial lift, pumps, … (432 kWh = 4 MMBtu)

9. Solar Thermal Converts Light to Heat Photovoltaic Converts Light to Electricity Solar Thermal, Not Photovoltaic

10. Solar Steam Generator Mirrors move to track the sun Sunlight is focused onto a pipe containing water steam water

11. Berry Petroleum, Bakersfield, CA Two years of operation

12. PDO Amal, Oman 50 tonnes of steam per day

13. First Steam 12-12-12

14. 14 Now in daily operation Under Construction

15. What happens when the sun sets?

16. Hybrid Configuration Annual Gas Savings Oman

17. 17

18. In-Country Value

19. Planned solar factory in Oman Creates 1,500 direct & indirect jobs

20. Steam Gas Steam Generation at Oilfield Gas

21. Steam Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation 22%

22. What is the value of released gas? Steam 22% Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation 0.5 Bcf of Gas per annum 22% (6,000 tons)

23. $17B of additional LNG revenue Steam $17B of revenue 22% Export as LNG Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation Gas 22%

24. 15,000 Jobs Created by Saving Gas Steam 15,000 Jobs 22% Private Industry Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation Gas 22%

25. Increase Proved Reserves

26. EOR Production Profile Operating costs (gas) exceed revenue so well shut-in

27. Additional Production Solar EOR Production Profile Operating costs minimal (no fuel cost) so well not shut-in

28. Reduction in EOR gas use Increase proved reserves Maximize In- country value

29. To learn more www.glasspoint.com http://www.youtube.com/user/GlassPointSolar Rod MacGregor President & CEO GlassPoint Solar, Inc. 46485 Landing Parkway Fremont, CA 94538 rod@glasspoint.com