Value Microcaps Motherboard

[JustForFun7]

CL001 PBG

"I thought THAI still burns the oil, why is it environmentally friendly?"

There is 50% less greenhouse gas emissions with THAI.

Don't get me wrong here. This is not windpower. But if we still need oil until we find better alternatives, things like the THAI process will help.

From an investor point of view there are a number of good things about it as well.

JFF7

This is taken from the PBG website:

http://www.petrobank.com/hea-thaitechnology.html

"THAI™ has many potential benefits:

Higher resource recovery
- Estimated 70-80 percent recovery of oil-in-place
- Potentially feasible over a broader range of reservoirs including: low pressure, thinner, previously steamed, deeper, removal of gas over bitumen; or top and bottom water

Improved economics
- Lower capital cost – only one horizontal well, minimal steam and water processing facilities
- Lower operating cost – negligible natural gas, minimal steam generation and minimal water processing
- Potential for higher netbacks for partially upgraded product and less dilutent use
- Faster project execution time

Lower environmental impact
- Negligible fresh water use
- 50 percent less greenhouse gas emissions
- Smaller surface footprint and easier reclamation "