Catapult: Partnership Model

Executive Team – Driven; Energetic; Experienced Michael Wood, CEO Previously VP of Environmental and Regulatory at Tervita 19 years’ experience in the global energy sector Wade Scott, VP Operations Previously General Manager of Wells and Caverns at Secure Energy Services 13 years’ experience in the North American energy sector James Graham, VP Engineering Previously Director of Engineering at Tervita 17 years’ experience in the global energy sector Ryan Kaminski, COO Previously Manager of Crude Oil Custom Treating, Business Development, Supply and Marketing, Plains Midstream Canada 18 years’ experience in the North American energy sector David Huggins, VP Finance Previously Manager of Planning/Performance and Financial Reporting at Tervita 7 years’ experience in the professional services sector; 4 years’ experience in the North American energy sector Jeff Conley, Director of Partnerships Previous Director of Product Development; Vice President, Marketing; and Vice President and General Manager, Asia Pacific for Flexpipe Systems 10 years of progressive experience in senior level roles James Bonyai, CFO Previously VP Finance & CFO of Komex Environmental, WorleyParsons Komex, PetroToro, Bruin Oil & Gas, Northern Cross Yukon, and Treasurer at Trican Well Service 25 years’ experience in the North American energy sector

Water Management Partnership Model Overview & Objectives: Catapult’s commercial model focuses on Catapult deploying all the capital requirements for water disposal and re-use facilities Decrease Partner’s water management costs and provide a total water solution Catapult can achieve lower disposal prices then our partners can on their own. Partner benefits from 3rd party disposal price which decreases partners price over life of the facility. Preserves Partner’s capital related to water handling; Partner can direct Capital to its primary business ultimately increase the Return of Capital Employed. Leverage Catapult’s experience in water and provide a predictable fixed OPEX for water management Stage development and expansion to meet Partner’s water needs (stage capital deployment to ensure water handling capacity always meets current and future development needs)

Flexibility & optionality We provide operational and economic benefit to our Partner by offering flexible solutions to water management challenges. Dedicated facility access to mitigate wait times (pipeline connection or dedicated truck-in risers) Fixed reduction in disposal rates to offer long-term predictability, or; Disposal rates that decrease over the life of the facility as 3rd party revenue is used to lower Partner disposal rates. Water treatment for reuse purposes - to meet “frac ready” specifications Short and long term storage for dedicated access to recycled “frac ready” fluid

The Catapult Advantage Reduce producer’s water handling cost by approximately 50% Can provide partner with frac-ready fluid in a constrained water market areas Bring technical expertise to a market that is becoming more sophisticated Ability to scale facility build out in-tandem with each partner’s multi-year development plan Provide non-dilutive capital “Catapult Environmental has created a realistic approach to partnership in the disposal sector. Through our partnership agreement, Trilogy will be able to drive down op-costs and generate greater returns for our shareholders.” John Williams, President & CEO Trilogy Energy Corp.

Full-service water management solution 1 1) Fluid enters the facility and is charged a flat fee 2 2 2) Fluid is diverted to the treatment tank farm after TDS, TSS, pH screening 3 3) Waste fluid is injected down the disposal well 4 4 4) Fluid recovered is stored in holding tanks and available for re-use 1 3

Example price scenario: 5 years Example scenario for the next five years using the following assumptions: Catapult is able to reduce the effective price for the Partner as 3rd Party delivered volume increases Red shaded area represents further savings in trucking, if the facility is pipeline connected Partner’s effective price decreases over time Pipeline connection to Catapult saves a minimum of $10/m3 over trucking costs 3rd Party Volume (m3/d)

Area Operating Agreement An Area Operating Agreement (AOA) is a commitment from our Partner that provides Catapult with a measure of assurance on fluid deliverability at the facility Catapult would manage all of the produced and flowback fluids destined for disposal and/or treatment for reuse purposes within a defined geographic area Ie. the core development area of the Partner (delineated and agreed upon by both parties) NOT a Take-or-Pay agreement rather a best commercial efforts agreement Given the unpredictability of fluid produced, a take or pay type agreement is not feasible