Guar International 2014 October 2014

Overview of PfP Established in 2001 as PfP Technology 2 nd Largest provider of guar to oilfield in the world Also provide stimulation chemicals to sector PfP Industries established in 2014

Vertical Integration IGP Secure and process guar powder Foundation of vertical integration PfP Technology Supply of guar gum and related products Face of vertical integration Optiblend Industries Blending, storage and distribution solutions Footprint of vertical integration Roughneck Equipment On site storage/blending solutions Final step of vertical integration

United States Network

Simple Schematic of Hydraulic Fracturing Process

Shale oil and gas refers to the hydrocarbons that are trapped within shale formations. Shales’ are fine-grained sedimentary rocks that can be rich sources of oil and natural gas. Over the past decade, the combination of horizontal drilling and hydraulic fracturing has allowed access to large volumes of shale oil and gas that were previously uneconomical to produce. The production of oil and gas from shale formations has rejuvenated the U.S. oil and gas industry and presents opportunity to many other countries around to globe which contain untapped shale resources. North America Average Rig Count Year YTD Vertical 954 (51%) 443 (41%) 501 (32%) 574 (31%) 613 (31%) 448 (25.5%) Horizontal 553 (29%) 456 (42%) 882 (57%) 1074 (57%) 1,175 (59%) 1,109 (63%) Directional Total1,8791,0891,5461,8791,9921,760 What is Shale Oil and Gas?

Gas Production Change 2005 – 2013: 34% 2010 – 2013: 14% Oil Production Change 2008 – 2013: 46% 2010 – 2013: 33% US Oil and Gas Production

General Commentary Not Nostradamus, but expect a steady, controlled growth in US oilfield – maybe 10% annual growth – natural gas is wildcard US rig count doesn’t tell the whole story – drilling efficiencies and increase in stages Another 2011/2012 – guar market still recovering from 2011/2012 price spikes Going cheap – E&P companies in US cutting costs International – US will continue to grow, but international is real upside

Global Opportunity

Where is the Next Big Thing?

Oilfield Guar SWOT Opportunities Natural Growth in US MarketNatural Growth in US Market Increased PerformanceIncreased Performance International MarketInternational Market Strengths Nothing Truly ComparableNothing Truly Comparable Familiar/Field TestedFamiliar/Field Tested AffordableAffordable Weaknesses Price InstabilityPrice Instability Hard Market to PredictHard Market to Predict Mother NatureMother Nature Threats Slickwater/FRSlickwater/FR Lack of Quality to Keep up with DemandLack of Quality to Keep up with Demand Alternative PolymersAlternative Polymers Another 2011/2012Another 2011/2012

Fern St Houston, TX