Molten Salt Gasification Break-Through Hydrogen Manufacturing

1. Molten Salt Gasification Break-Through Hydrogen Manufacturing www.westernhydrogen.com

2. The Western Hydrogen Story • A Canadian Company -- based in Calgary, Alberta • Founded in 2006 • Technology: Molten Salt Gasification (MSG) • Technology Development Timeline … 2005: Initial Investigation by Idaho National Laboratory … 2006: Exclusive World-Wide Rights Granted to Western Hydrogen … 2008: SDTC Awards Funding … 2006-2011: Bench-Scale Testing at INL & Patents Filed … 2011-2013: Construction of Large-Scale Pilot Plant in Alberta … 2013: Pilot Plant Start-Up & Operation www.westernhydrogen.com

3. The Western Hydrogen Team Guy Turcotte, Chairman, previously founded and acted as Chairman and CEO of Western Oilsands. Guy has been involved in all segments of the Alberta oil & gas market including founding of Fort Chicago Energy Partners and Chauvco Resources. Mr. Turcotte has been a director for numerous organizations in Alberta. Neil Camarta, President & CEO, has previously held senior leadership positions with Shell, Petro-Canada and Suncor. Neil led the development of Shell’s Athabasca Oil Sands Project. He has extensive experience in the oil and gas industry in Canada and globally. Lyman Frost, Chief Technology Officer has been involved in the development of new technology for thirty years. He previously ran five small businesses in the energy arena, worked as a Director at a US DOE national laboratory, and managed corporate research programs for McDermott Inc, a major contractor in the offshore oil & gas market. He is director of a regional development bank and on the Utah governor’s science advisory council. www.westernhydrogen.com

4. The MSG Process Water CO2 ~2000 PSIG Low-Cost Sequestration Carbon Compounds MSG Reactor Hydrogen ~2000 PSIG Make-Up • No Oxygen Plant • No Compression • Single, Small Reactor Sodium Salts www.westernhydrogen.com

5. The MSG Advantages • Significantly Lower Hydrogen Supply Costs • … no oxygen plant & no compression • Maximum Feedstock Flexibility • … coke, asphaltenes, methane, glycerol, algae, etc. • Lower GHG Emissions • … ~ 20% less than Steam Methane Reforming • High Pressure Hydrogen Production • … ~ 2000 PSIG: ideal for industrial uses & transportation fuelling • “Low Cost” Sequestration of CO2 • … ~ 2000 PSIG: capital avoidance for capture & compression www.westernhydrogen.com

6. Idaho National Laboratory R&D Pressure Test Furnace Reactor Exclusive License to Western Hydrogen www.westernhydrogen.com

7. Pilot Plant Location www.westernhydrogen.com

8. Pilot Plant www.westernhydrogen.com

9. The MSG Pilot Reactor is Unique • Operates at 900 C & 2000 PSIG • External Pressure Boundary • … does not contact melt • … not exposed to hydrogen • Multiple Feedstock Flexibility • Single Reactor • … lower capital & operating costs • … high thermal efficiency www.westernhydrogen.com

10. Glycerol-Fed H2 Supply Costs $/Kg H2 4.25 Glycerol 2.85 O&M • 25 MMSCFD • 99.9% Pure H2 • 1000 PSIG H2 • 2012$ • Alberta Based Plant • $150/Tonne Glycerol Capex Conventional Technology MSG www.westernhydrogen.com

11. Timeline 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Idaho National Laboratory R&D Pilot Plant EPC Pilot Plant Operation Demo Plant EPC Demo Plant Operation $12 Million $35 Million www.westernhydrogen.com

12. Summary • Advanced Technology Status • … MSG Process Modeled and Verified in Lab • … Construction Materials Tested & Confirmed • … Large-Scale Pilot Plant Built & Starting-Up • Competitive Supply Costs • Lower GHG Emissions & Lower Cost of Capture • Experienced Team www.westernhydrogen.com

13. Contacts www.westernhydrogen.com www.westernhydrogen.com neil.camarta@westernhydrogen.com 403-470-0141 1100 1st Street SE, Calgary, AB, T2G 1B1

14. www.westernhydrogen.com