The Newest Generation of Advanced Crude Oil Upgrading and Refining Technology

“Technology Helping America Become Energy Independent”

Who are We?• FUELogistics is the newest and upcoming player in the

midstream oil production and crude oil refining industry.

• We believe that we are a billion dollar company in the making, backed by very compelling and patented technology that is strategically positioned to solve a desperately needed market niche.

• Our technology opens up Utah’s oil rich Uinta Basin crude oil to new markets out side the currently land-locked market.

• We are a cohesive team of experienced executives, industry technologist, petroleum engineers, and talented marketing and sales professionals.

Supply and Demand• We have a persuasive solution to a simple supply and

demand scenario.

• We have a wealth of raw materials (crude oil) contractually secured.

• We have a proven process of manufacturing our product.

• We have a willing and able customer base that will pay top dollar for every drop of product we produce.

• As an added bonus, this all exist within a “recurring revenue financial model”.

Ground Breaking Technology• We have developed a ground breaking modular and

scalable crude oil upgrading process that can economically and profitably be operated at or near well-head operations.

• This technology makes it possible to “upgrade” the most difficult to refine heavy and waxy crudes before sending it to downstream refineries.

• For markets like Utah’s Uinta Basin, where they have been literally land-locked because of transportation constraints, this technology opens new markets afar for this upgraded premium “syn-crude” that could not be reached in the past.

The LP-FCC• The Low Profile Fluid Catalytic Cracker, nicknamed the

LP-FCC is a transformational refining and upgrade process that effectively reduces the viscosity of the world’s heaviest and viscous crudes.

• The “upgraded” crude removes very costly transportation and refining limitations.

• It will be the first of its kind in the U.S. and introduces a persuasive level of operational flexibility and profitability in a modular and portable design.

Solving an Industry’s Dilemma • The heavy and waxy crudes (like crudes found in the

Uinta Basin) at room temperature turn to a solid mass much like a candle.

• The LP-FCC catalytic cracking process changes the molecular structure of these waxy crudes, effectively lowering the liquid pour point to below 15 degrees (F), making it easier and more economical to transport via, pipeline, rail, or truck without having to heat it.

• The LP-FCC changes the crude’s molecular structure while producing a lighter and easier to refine syn-crude that can significantly reduce demands on equipment that process these heavy oils in downstream refineries.

Despite Market Volatility• The trends and opportunities that exist in this ½ Trillion+

Dollar U.S. Market Segment, as reported by the Oil & Gas Journal (digital.ogj.com PwC: U.S. Oil / Gas transaction value hits 10 year high in 3Q), are as follows:– Driven by a rise in billion-dollar deals, midstream activity, and

interest in upstream shale plays from foreign buyers, mergers and acquisitions in the US oil and gas industry reached the highest levels in the past decade during 3Q of this year, according to a quarterly report from PwC US Energy Practice.

– Despite the markets volatility and sharply declining oil and gas commodity prices, extraordinary midstream gas/oil deal activity represented a 649% growth in Q3, and the number of mid-stream oil field services deals rose sharply topping off at 313% over Q2 activity.

Despite Market Volatility (continued)

– The majority of the $103.5 billion worth of megadeals that occurred in Q3 came from foreign buyers of American energy.

– Even with crude oil prices declining, companies are looking to hedge their bets by accelerating and increasing their portfolio positions before prices …

• Despite declining crude oil prices, growth in this market segment continues to rise, and this perfect storm is positioning FUELogistics to capitalize on the commodities markets as they return to normal and once again stabilize.

5 Year Financial Summary• The following financial summary presented in the

following slides represent the financial projections that are based upon the production of FUELogistics’ Uinta Basin, Crude Oil Upgrade Facility only, and that these assumptions are based upon:– Initial production of a 2000 Bpd LP-FCC unit;– Production ramped up to 10,000 Bpd in Q3 of the first year;– By Q2 of year two production ramped up another 20,000 Bpd;– And by end of Q4 of year two the facility will be at its planned

capacity at 40,000 Bpd.

• This summary does not reflect additional income that will be generated by other opportunities and applications of the LP-FCC technology.

5 Year Financial Summary(Continued)

FY 1 FY 2 FY 3 FY 4 FY 5Total Revenue  $26,616,780  $99,863,010  $177,534,240  $177,534,240  $177,534,240 Total Direct Costs  $8,872,260  $33,287,670  $59,178,080  $59,178,080  $59,178,080 GROSS PROFIT  $17,744,520  $66,575,340  $118,356,160  $118,356,160  $118,356,160 GROSS PROFIT(%)  67% 67% 67% 67% 67%

Other Expenses  Salaries $3,600,000  $6,597,150  $9,404,879  $11,080,252  $11,412,659 Marketing Expenses $50,700  $100,600  $141,700  $182,100  $222,600 Rent/Utility Expenses $40,200  $44,300  $51,400  $55,600  $59,700 Other Expenses $1,212,500  $3,300,000  $4,000,000  $4,032,000  $4,097,000 

Total Other Expenses  $4,903,400  $10,042,050  $13,597,979  $15,349,952  $15,791,959 EBITDA $12,841,120  $56,533,290  $104,758,182  $103,006,208  $102,564,201 

Depreciation  $810,000  $3,710,000  $8,960,000  $9,460,000  $9,460,000 Amortization  $100,000  $400,000  $1,000,000  $2,200,000  $3,000,000 Preliminary Exp Written off   ‐ ‐ ‐ ‐ ‐

EBIT  $11,931,120 $52,423,290 $94,798,182 $91,346,208 $90,104,201Interest Expense   $10,400  $10,400  $10,400  $10,500  $10,500 

PRETAX INCOME $11,920,720  $52,412,890  $94,787,782  $91,335,708  $90,093,701 Net Operating Loss  ‐ ‐ ‐ ‐ ‐Use of Net Operating Loss  ‐ ‐ ‐ ‐ ‐Taxable Income  $11,920,720  $52,412,890  $94,787,782  $91,335,708  $90,093,701 Income Tax Expense  $4,172,300  $18,344,600  $33,175,700  $31,967,500  $31,532,800 

NET INCOME $7,748,420  $34,068,290  $61,612,082  $59,368,208  $58,560,901 Net Profit Margin (%)  29% 34% 35% 33% 33%

Milestones2013 , March = Additional LP-FCC Patents Issued

2013, October = FUELogistics & Process Innovators enter into LP-FCC Acquisition/License Agreement

2013, December = FUELogistics disassembles and takes delivery of the LP-FCC CDU from Big West Refinery (Formerly Flying J Refinery)

2014, January = FUELogistics and Mark Steel sign manufacturing agreement to retrofit the LP-FCC CDU with latest patented technology to upgrade waxyparaffinic Uinta Basin crude oil and increase its capacity

2014, June = Duchesne County Commissioners unanimously approves FUELogistics’ Crude Oil Upgrade Facility

2014. July = Integrated Energy Companies, LLC. signs agreement to supply FUELogistics with all of its raw Uinta Basin crude oil

2014, August = Official ground breaking of FUELogistics’ Crude Oil Upgrade Facility

2014. October = Initial foundation completed for 2000 Bpd LP-FCC unit

2014, November = FUELogistics receives Air Quality Permit Approval Order to operate, issued by State of Utah, Department of Environmental Quality

2014, November = FUELogistics announces investment opportunity to raise $5 million initial round through crowdfunder.com and equitynet.com

Investment• FUELogistics is seeking to raise $5 million dollars in equity

financing within the next 90 days.

• Funding shall be used to complete phase one of a three phase master construction plan of its 40,000 Bpd Crude Oil Upgrade Facility, in Utah’s oil rich Uinta Basin region.

• Phase one consist of the initial installation of a 2000 Bpd LP-FCC unit scheduled to be operational summer of 2015.

• The project has received initial funding from the original shareholders, matching funds from the D.O.E. NICE3 program, the State of Utah’s Office of Energy Services, and most recently in from FUELogistics founder Calvin Perkins.

• Grant and private funding to date is $4 million.

Use of Funds• Funds raised shall be used primarily for fulfilling

contracts for completing the construction of the initial 2000 Bpd and the design of the next 10,000 Bpd LP-FCC unit.

• Ongoing development and engineering for other applications of the LP-FCC product/services.

• Operational and specialized human resources will be needed as production of LP-FCC is brought online.

• Marketing and Sales Expenses.

• Note: Funds will not be used to pay founders salaries.

FUELogistics’ Team RosterGlenn Guglietta, CEO, Board Member, Petroleum EngineerMr. Guglietta has 37 years of experience in various top engineering, executive management, and sales/marketing positions, with over 29 years of specific FCC experience in the areas of optimization, simulation, research, design, commercial troubleshooting, catalyst formulation, additive design, and pilot plant testing. Jim Vemich, Co-Developer of LP-FCC, President, Process Innovators, Inc.Mr. Vemich also has a long history in the oil refining industry that also includes decades of FCC operations experience. He has served in leading management positions for industry leaders such as, Superintendent of Engineering for Amoco Oil Company’s, Sugar Creek Refinery, Casper Refinery, its Texas City, Texas refinery, as well as Amoco’s Project Engineer, tasked with the design of pressure vessels, and piping systems for FCC expansions.A. Lamont Tyler, PhD., Technology Liaison for LP-FCC ProjectDr. Tyler was one of the first supporters and advocates of the LP-FCC project. As the former Chairman of the Department of Chemical Engineering faculty at the University of Utah, he spearheaded the development and construction of the first LP-FCC prototype and hot pilot LP-FCC unit at the University of Utah. John F. Bates, Legal Counsel & Board MemberMr. Bates, brings a long and distinguished legal career to FUELogistics. Mr. Bates served as house counsel for Mountain Fuel Supply Company (now Questar Gas), and then at Northwest Energy Company, which included Northwest Pipeline Company. His responsibilities included all legal aspects of hydrocarbon exploration and production, including drafting and negotiating oil and gas operating agreements, transmission pipeline agreements, land purchase and leasing, and major pipeline construction and management agreements.Allison J. Thacker, Executive VP of Marketing and Business DevelopmentDaughter of the late Milton B. Thacker, inventor of the LP-FCC, Allison brings a wealth of executive management, marketing, and business development experience to the team. She is driven by her personal determination to succeed in her own right, but is also unwavering by a promise she made to her father that she would see this project and his dream to fruition.Edward Bates, CPA – Financial & Accounting TeamEd brings his distinguished career as a financial expert to the FUELogistics team. Ed is President of the accounting firm, Stayner, Bates & Jensen, P.C. His practice emphasizes federal and state tax and financial planning for closely held businesses and business owners.Calvin Perkins, President & Chairman, Founder and Funder of FUELogistics, Inc. In 2012, Mr. Perkins was introduced to the LP-FCC technology and investment opportunity formally organized FUELogistics, Inc., and is its primary founder and funder. A retired rancher of the largest ranch in Pagosa Springs, Colorado, turned oilman he brings a unique set of conservative leadership skills.