FREESTONE RESOURCES, INC.
( OTCBB: FSNR )
CLEANLY ENCAPSULATES OIL MOLECULES FOR EXTRACTION
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events and financial performance. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking
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various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, results of testing and oil
recovery operations, prices of oil, and potential contracts. Such forward-looking information involves important risks and uncertainties that could
significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking
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What America Needs Has Finally Arrived:
Cost-Effective Environmentally-Friendly
HYDROCARBON EXTRACTION TECHNOLOGY
BREAKTHROUGH CHEMICAL-BASED OIL EXTRACTION
ZERO-DISCHARGE / DRY-PROCESS / NEEDS NO WATER
BURNS NO NATURAL GAS / PRODUCES NO EFFLUENCE
EMITS NO CO2 NOR AIR POLLUTION AS IT EXTRACTS
OIL FROM TAR (OIL) SANDS & OIL SHALE ROCKS
AT PRODUCTION COST OF: <$33 PER BARREL BOE
© 2009 By EOS/FREESTONE / Tel: 310-980-9091 / Email: Larry411@gmail.com

AMERICA CANNOT STICK ITS HEAD
IN THE SAND ANY LONGER
WE ARE RUNNING OUT OF TIME
THE CONSEQUENCES OF INACTION
WILL BE CATASTROPHIC TO OUR ECONOMY

WORLD POPULATION-GROWTH IS RISING RAPIDLY
– GREATLY INCREASING DEMAND FOR OIL IN
CHINA, INDIA AND DEVELOPING COUNTRIES
WITH MORE PEOPLE COMPETING TO BUY OIL – THE PRICE OF
OIL WILL RISE ONCE AGAIN -- AND SO WILL OIL SHORTAGES

But Oil Industry Cannot Find Enough New
Oil To Meet Increased Population Demand
Every producing oil field suffers
production output declines over
time – producing 3%-5% less oil per
year – which means the oil industry
must constantly find new oil field
discoveries to make up for declining
production just to meet current daily
demand for oil.
But to meet the expected population
demand in 2020 of 112-million
barrels per day of crude oil (with a
4% decline rate for old wells) will
require the oil industry to find and
extract 75-million barrels per day of
NEW OIL from NEW OIL FIELDS yet
to be discovered – is that do-able?
World Oil Production Peaked In 2005 At 85 million barrels of crude oil –
America cannot risk its future on others discovering new oil fields

OIL PRODUCTION OUTPUT IS DECLINING FASTER
THAN NEW OIL BEING DISCOVERED & EXTRACTED
• Most global oil field outputs
are suffering after-peak declines
• Limited success discovering
new giant oil fields
• Many giant oil fields are too
old and in decline.
• Many giant oil projects are
over-budget and over-schedule

The Global Credit Crisis & Oil Crash of 2008
Has Hastened the Future Oil Shortfall

EVEN TOP GOVERNMENT AGENCIES
ARE STARTING TO ADMIT THE TRUTH
“We cannot let the global credit crisis
and low energy prices divert our attention
from the fact that we need to prepare for
a world where global oil demand outstrips
declining production by all the producers”
Most Key Oil-Producing Countries Are
Suffering Irreversible Production Declines
(Million Barrels Per Day)

FOOL ME ONCE, SHAME ON YOU
FOOL ME THRICE, SHAME ON ME
America was WARNED Three (3) Times Before
About Being Too Dependent On Imported Oil:
1. 1973 Arab Oil Embargo >36-Years Ago
2. 1979-80 Iranian Oil Embargo > 29-Years Ago
3. 2008 Peak Oil Price of $140 per barrel !

34% of America’s Oil Was Imported In 1973 –
Today America Imports ~60%...and Growing

IF OPEC & OTHER WORLD OIL PRODUCERS
CANNOT MEET AMERICA’S DEMAND FOR OIL
Current Oil
Production
FROM WHERE WILL WE GET THE OIL ENERGY
WE NEED TO DRIVE OUR ECONOMIC GROWTH ?

America Cannot DRILL Its Way Out of This
Problem – U.S. CONVENTIONAL Crude Oil
Production Is Down 50% From Its Peak
ALASKA TEXAS
But America Could Use EncapSol To Recover the
50% of Oil Left Stranded & Immobile In Its Oil Wells

AMERICA STILL HAS 100’S OF BILLIONS
OF BARRELS OF HEAVY IMMOBILE OIL
STRANDED DOWNHOLE – WAITING FOR
THE RIGHT TECHNOLOGY TO EXTRACT IT
MORE THAN HALF OF THE OIL
FOUND DOWNHOLE IN AN OIL
RESERVOIR IS STRANDED,
IMMOBILE, HEAVY (THICK) OIL
– STUCK TO WATER, SAND,
CLAY, ROCK AND OTHER
MATTER -- THAT EVEN THE
BEST STEAM, CO2, WAG,
SAGD, CHEMICAL RECOVERY
METHODS HAVE NOT
DISLODGED DOWNHOLE IN
SUFFICIENT VOLUMES AS TO
BE COST-EFFECTIVE
BUT THIS STRANDED OIL IS EXPECTED TO BE COST-EFFECTIVELY
RECOVERABLE USING ENCAPSOL AS A DOWNHOLE INJECTANT
( SEE VIDEO DEMONSTRATION AT WWW.ENCAPSOL.COM/MEDIA )

LUCKY FOR US - THERE IS A NEW 21ST CENTURY
LOW-COST / NO-WATER / NO-GAS
NO-POLLUTION SOLUTION
MOLECULAR CHEMICAL-BASED
OIL SHALE / OIL SANDS
ENVIRONMENTAL CLEAN-UP
ENHANCED OIL RECOVERY

ENHANCED OIL RECOVERY
EncapSol Is Expected to Cost-Effectively Dislodge and Recover Oil
Molecules That Other EOR Technologies Leave Behind
As gas injectant, EncapSol
move between porous
sand and rock formations
to bind with hydrocarbon
moleules and reduce their
heavy molasses- like
viscosity into a low-
viscosity solution.
This EncapSol + Oil
solution will flow by WAG
(water-alternating-gas)
injection pressure from
the four-corner wells of a
five-point injection system
to the center production
well for extraction and
separation of the Oil from
the EncapSol at the
surface.

ENVIRONMENTAL CLEAN-UP
Restoring toxic, polluted oil sludge ponds…
…to pristine conditions

Is Most Cost-Effective Way to Clean
Sludge From Oil Storage Tanks & Oil Tankers
Big Market Advantages: Non-Toxic
Non-Flammable
Cleanly Extracts Oil
Cleans the Water
Cleans the Solids
Leaves NO Oil Residue
NO EncapSol Residue
Other oil-decontamination methods still leave contaminated solids that
require special and costly disposal in toxic landfills -- but EncapSol-
treated solids are oil-free and EncapSol-free – there are no residual oil
residues or contaminants, no threat of groundwater contamination --
just clean water, clean oil and clean soil delivered for safe, human use

But the Best Use of EncapSol May Be For
Harnessing America’s Vast But Currently
Untapped UNCONVENTIONAL Oil
AMERICAN OIL SHALE ROCKS & TAR (OIL) SANDS
FORMATIONS IN COLORADO AND UTAH CONTAIN OVER
TWO-TRILLION BARRELS OF RECOVERABLE OIL
THERE IS ENOUGH RECOVERABLE OIL IN AMERICA’S VAST
SHALE & TAR SAND RESOURCES TO SUPPLY 100% OF
AMERICA’S DAILY OIL NEEDS FOR THE FUTURE
– AND DO SO AT A LOWER-COST THAN IMPORTED OIL !

3rd Generation R&D Equipment DEMONSTRATED
To Cleanly Extract Oil from TAR (OIL) SANDS
Unit processed tar sands at rate of
~5 tons per hour – producing low-
sulfur, particulate-free Bitumen… Cleaned Sand Output
cleaned sand and cleaned water.
Dirty Tar Sand Input -- Cleaned Sand Output + 7o-API Oil

4th Generation Equipment Ready To Demonstrate –
Extract Oil From Sludge Pits & Storage Tank Bottoms
The Plan is to upgrade
the 40-ton per hour
3rd generation unit with the
5th generation solvent-
recovery unit – and then
start cleaning Oil Sands Tailing
Ponds in Canada under
Directive 074
Then the Plan is to form LLC
or LLP Joint Ventures with
Investors and Local Energy
Developers to Finance Multiple
Units For Deployment -- To
Clean & Neutralize Other
Oil-Contaminated Sites

Instead of DRILLING For OIL or Recovering
Stranded, Heavy, Immobile Oil – EncapSol
Can Harness America’s UNCONVENTIONAL
OIL SHALE & TAR SANDS RESOURCES
• “Oil shale” (Rock Kerogen) • Tar sands (Bitumen)
– Silty marlstone containing – A type of sandstone from which the
relatively large amounts of lighter fractions of crude oil have
organic matter called kerogen escaped, leaving a residual asphalt
to fill the pore spaces
– Kerogen contains hydrocarbon
shale oil and natural gas – Considered a reservoir rock –
bitumen coats the sand grains
– Considered a source rock for
conventional crude resources – Bitumen contains hydrocarbon oil

Getting Oil From Tar Sands
In the USA, reserves of heavy hydrocarbons in the form of recoverable
bituminous oil sands are primarily in Utah (estimated reserves of 32-billion
barrels) and Alaska (estimated reserves of 19-billion barrels of oil)

Getting Oil From Oil Shale Rocks
Colorado’s Piceance Basin contains richest hydrocarbon resource in the world
– up to 2.5-million barrels per acre -- more potential oil than all of the Middle East

80% of Prime Western Oil Shale
Resources Are On Federal Lands
1400
1200
GREEN RIVER
210 FORMATION
1000 DOE ESTIMATES
Resource (Billion Barrels)
~1.5 TRILLION
800
BARRELS OF
SHALE OIL
600
Federal Land
990
400 Non-Federal
60
200 90
220
170
0
COLORADO UTAH WYOMING

IF AMERICA HAS ALL THESE VAST OIL
RESOURCES & GOV’T IS SUPPORTING IT –
THEN WHAT’S THE PROBLEM?
TECHNOLOGY HAS BEEN THE PROBLEM –
HIGH COSTS - BIG ENVIRONMENTAL CONCERNS
ALL CURRENT EXTRACTION TECHNOLOGIES USE PRIMITIVE
RETORT HEAT OR IN-SITU HEAT TO BOIL OIL OUT OF ROCKS
& SANDS – HEATING THICK OIL MAKES IT FLOW -- BUT HEAT
CREATES MAJOR UNINTENDED ANCILLARY PROBLEMS:
1. WASTES WATER - WASHING ORE & MAKING STEAM
2. WASTES NATURAL GAS - MAKING STEAM & ELECTRICITY
3. WASTES ELECTRICITY TO HEAT IN-SITU GROUND COILS
4. ELECTRIC POWER REQUIRES MORE WATER FOR COOLING
5. PRODUCES TOXIC LIQUID TAILING POND WASTE
6. EMITS HARMFUL GHG / SOX / CO2 & P.M. EMISSIONS
7. COSTS TOO MUCH MONEY TO BUILD & OPERATE
8. TOO COMPLICATED & UNPROVEN IN OPERATION

ALL THE BIG OIL COMPANIES ARE STILL PROMOTING
SAME OLD OBSOLETE EXTRACTION TECHNOLOGIES
THAT CAUSE MORE PROBLEMS THAN THEY FIX
These all share the same (flawed) premise – that you
need HIGH HEAT to release the hydrocarbons

HEAT-BASED HYDROCARBON EXTRACTION
NEGATIVELY IMPACTS WATER RESOURCES
NO COMMUNITY CAN AFFORD TO WASTE PRECIOUS WATER
RESOURCES JUST TO MAKE OIL – USING THREE BARRELS OF
WATER TO MAKE ONE BARREL OF OIL IS A WASTE OF WATER
ESPECIALLY IN THESE DAYS OF CLIMATE CHANGE & DROUGHT
To extract the amount of OIL available
in America’s Tar Sands and Oil Shale
deposits using existing HEAT-based oil-
extraction technologies – would require
diverting most of the Colorado River and
both Alaskan and Canadian natural gas
pipelines to burn natural gas to make
steam to BOIL out the oil -- OR generate
electricity to power giant electric coils
sunk into the ground to MELT the oil out

HEAT-BASED HYDROCARBON EXTRACTION
NEGATIVELY IMPACTS AIR QUALITY
It makes no sense to waste more
money on SAME OLD HEAT-
BASED SYSTEMS that waste
water, waste energy and pollute
the air & ground water -- JUST
TO MAKE ONE BARREL OF OIL!

HEAT-BASED HYDROCARBON EXTRACTION
NEGATIVELY IMPACTS NATURAL GAS SUPPLIES
NEEDED BY AMERICA’S ELECTRIC UTILITIES
CONSUMING / WASTING ONE VALUABLE ENERGY RESOURCE
(NATURAL GAS) TO PRODUCE ANOTHER VALUABLE ENERGY
RESOURCE (OIL) – IS AN UNWISE TRADE-OFF

“FREEZE WALLS” & IN-SITU HEAT-INJECTION MAKE
OIL RECOVERY COMPLICATED, RISKY & EXPENSIVE

AMERICA CAN LEARN FROM CANADA’S MISTAKES:
Canadian Tar Sands Projects Are Grossly Over-Budget, Over-Schedule,
Consume Too Many Valuable Natural Resources & Just Pollute Too Much

NO WONDER THESE RESOURCES HAVE
REMAINED UNTAPPED FOR 40-YEARS !
HEAT-BASED EXTRACTION HAS JUST TOO MANY
NEGATIVE ATTRIBUTES TO DESERVE PUBLIC SUPPORT
2-5 bbl water per bbl oil !

AMERICANS CARE ABOUT THE ENVIRONMENT
AND THE RISING COSTS OF IMPORTED OIL
AS U.S. & WORLD POPULATION INCREASES –
SO TOO DOES DEMAND FOR ENERGY INCREASE
AMERICANS NEED ELECTRICITY TO POWER OUR DIGITAL LIVES
AND WE JUST AS IMPORTANTLY NEED OIL / GAS / DIESEL FUELS
TO POWER OUR (HYBRID) CARS, TRUCKS, TRAINS & SHIPS
DRILLING FOR OIL WON’T PRODUCE ENOUGH OIL TO
REPLACE OIL IMPORTS –BUT MINING FOR OIL IN
AMERICA’S UNCONVENTIONAL OIL RESOURCES LOCKED
UP IN UTAH’S TAR SANDS AND COLORADO’S OIL SHALE
MUST BE A NATIONAL IMPERATIVE FOR THE SAKE OF THE
FUTURE AMERICAN ECONOMY -- WHEN THE PRICE OF OIL
IS ONCE AGAINST EXPECTED TO RISE >$100 A BARREL.

4TH GENERATION EQUIPMENT
HAS BEEN DEMONSTRATED AND PROVEN TO
EXTRACT OIL FROM UTAH TAR (OIL) SANDS –
CAN CLEANLY RECOVER OIL @ <$33-PER BARREL

USES MOLECULAR CHEMISTRY
TO ATTRACT HYDROCARBONS INTO-SOLUTION
EncapSol breaks the molecular bonds that bind
hydrocarbon oil molecules to water, sand, clay & rocks–
OIL SHALE EncapSol Extracts:
TAR SANDS CHEMICAL <10 o API OIL
REAGENT
HEAVY OIL SANDS
Cleanly releases and MIXED IN
CLAYS
encapsulates the OIL Continuous Flow
-- preventing it from
bonding to anything else
REACTOR TRACE
METALS
Low-Impact / Zero-Discharge / Dry-Technology
Consumes NO Water – Produces NO Effluence WATER

MSDS - BENIGN CHEMICAL & PHYSICAL
CHARACTERISTICS OF :
ENCAPSOL SOLVENT IS ENVIRONMENTALLY SAFE & REUSABLE
– in both its liquid and gaseous state, on contact, EncapSol
breaks the bonds between oil and other materials – releasing
the oil and leaving the water, sand, clay & rocks OIL-FREE
• Non-flammable Boiling Point (Degrees F): 98.2
• Non-corrosive Vapor pressure (mm Hg): 8.4
• Non water-soluble Vapor density (Air = 1): 3.6
• No environmental risk Specific gravity (H20-1): 1.28
• Evaporation rate (Butyl Acetate = 1): 0.7
• Appearance and odor: Clear liquid, pleasant odor

EncapSol Passes California’s Strict Title 22
CFR Test As A NON-Hazardous Substance
** Virtually every other chemical
being used to clean oil sludge in oil
storage tank bottoms and oil tankers
is TOXIC -- and must be specially
handled and disposed of as a
HAZARDOUS WASTE – because it
stays infused as a contaminant in
the processed sludge / soil / water.
** Uniquely, EncapSol is a NON-
hazardous waste material that is an
environmentally-friendlier way to
clean up oil spills and oil sludge
without having any residual waste to
dispose of – because the EncapSol
process delivers clean oil, clean No fish exposed to EncapSol solution
sand & gravel and clean water that were harmed -- 100% of the exposed
is completely free of any oil residue fish survived -- confirming EncapSol
or contaminants. is a NON-TOXIC substance

Mixing Shale/Tar Sands With .
Solution Instantly Extracts Oil, Bitumen
and Kerogen From Sands, Clays & Rocks
• The proprietary EncapSol process places tar sands and/or oil
shale in a chemical bath (continuous flow reactor) containing
the proprietary EncapSol chemical reagent.
• In reactor, EncapSol chemical breaks the bonds between the
bitumen/kerogen/oil and the constituent materials of tar sand
and shale rock – cleanly separating the oil while recovering
clean sand, clean rocks and clean water in the process.
• Released hydrocarbons re-bond with EncapSol reagent liquid
• The hydrocarbon/EncapSol chemical mix is then separated by
evaporation – heating the mix to approximately 100-degrees F to
gasify, then condense and recover 99.9% of the EncapSol
chemical reagent for use in the next-batch.
• The resulting products remaining are the heavy oil (bitumen or
kerogen), clean sand, clean shale rock and nitrogen-rich
(fertiilizer) water

EQUIPMENT CAN ALSO PAY FOR
ITSELF BY THE VALUE OF THE HYDROCARBON
BY-PRODUCTS IT EXTRACTS - CLEANING &
REMEDIATING OIL-FIELD & MINE WASTE SITES
From toxic, polluted tailing-ponds to
newly cleaned & plantable land

HUGE OPPORTUNITY FOR .
CLEANING CANADIAN OIL SAND TAILINGS
DIRECTIVE 074 - NEW CANADIAN LAW TO CLEAN UP TAILINGS
• In previous years, Canadian oil sands developers didn’t care about their
prodigious tailing pond waste -- because they were too busy making money
extracting oil. But now, with public pressure, the Canadian government has
instituted new laws to force all Alberta oil sands operators to clean up their
tailing ponds according to the standards and procedures of Directive 074:
Tailings Performance Criteria & Requirements for Oil Sands Mining Schemes.
• The directive requires operators to prepare tailings plans and report on tailings
ponds annually, reduce fluid tailings through fines captured in dedicated
disposal areas (DDAs), and convert fines into trafficable deposits which are
ready for reclamation five years after operations have ceased.
• Tailings are waste generally composed of water, sands, silt, clay and residual
bitumen. Alberta’s inventory of fluid fine tailings that require long-term
containment is now 720 million cubic metres – 10% of which is recoverable oil
using the EncapSol technology.
• Directive 074 represents a major opportunity for EncapSol to be used by
heavily-financed oil sands companies under world and government pressure
to clean up the tailing ponds and remediate the land – all of which EncapSol
can do faster and more cost-effectivly than competing technologies.

Is A Game Changing Technology
That Will Cause Gov’t Agencies To Increase How
Much UNCONVENTIONAL OIL Is Recoverable
All Estimates for Oil Sands and Shale Oil Production
Should Dramatically Increase With Use of the EncapSol
Previous Production
Estimates Were Low Due
To The Gross Negative
Environmental Damage
and Waste of Precious
Natural Gas & Water
Resources Required By
Previously Proposed
Technologies -These
Strong Negatives Are
Acknowledged To Depress
Development Due to Strong
Environmental and Vocal These Projections Are No Longer Relevant –
Public Opposition Given Low-Cost Availability of EncapSol

U.S. TASK FORCE FORMED TO HARNESS AMERICA’S
UNTAPPED UNCONVENTIONAL OIL RESOURCES
SHOULD EMBRACE EncapSol BUSINESS MODEL
TASK FORCE MANDATE:
Make Recommendations For Immediate Action
Propose A Resource Development Strategy
Offer Options For Action By Federal & State
Governments

CONGRESS PASSED LAW REQUIRING GOV’T
AGENCIES TO BUY EXTRACTED OIL FUELS
We will sign Fuel Purchase (Off-Take) Agreements with the
Department of Defense for Jet Fuel Supplies In Association
With the Local Utah and Colorado Refineries Who Will Buy
Our Extracted Oil At the Per-Barrel WTI Price Minus 20%

NOW THAT WE HAVE .
TECHNOLOGY TO DO THE JOB…
WE NEED A TAR SANDS-RICH PROPERTY…
THAT CONTAINS ENOUGH RECOVERABLE HEAVY
OIL TO JUSTIFY INSTALLATION OF AN
FACILITY.
AND NOW WE HAVE A PARTIAL-OWERNESHIP
INTEREST IN SUCH A PROPERTY…
WITH APPRAISED OIL RESERVES OF MORE
THAN 220-MILLION BARRELS OF OIL.

BY ITS 50% OWNERSHIP IN BLEEDING ROCK JV,
FREESTONE OWNS >30% OF GREEN RIVER
PROPERTY CORPORATION IN UTAH THAT HAS
ENGINEERING READY FOR MINING PERMITS

GREEN RIVER RESOURCE INC’S TAR SANDS
PROPERTY IN UTAH IS PRIVATE-PROPERTY
Oil Sand HydrocarbonsMINERAL RIGHTS
WITH ALL
GreenRiver Resources, Inc.
currently owns the Mineral
Rights to tar sand ore covering
approximately 2,000 acres of
prime tar sand deposits on
private property in Utah -- with
over 330 million barrels of
proven recoverable reserves
appraised;
The Lease represents 210
million barrels of proven
recoverable reserves,
according to a draft reserve
estimate prepared by Marston
Canada, LTD.

FREESTONE / GREEN RIVER RESOURCES, INC.
OPERATING ECONOMICS
• Company has retained AMEC BDR (“BDR”), a leading engineering firm in oil
sands extraction, which has completed an engineering and feasibility study for a
commercial plant capable of processing up to 3,000-6,000 barrels of oil per day.
• Capital costs required to implement GreenRiver’s technology are significantly
less (1/6) than those incurred to produce bitumen from Canadian tar sands,
which have added environmental costs.
• Based on BDR’s initial conclusions, GreenRiver believes it can deliver oil to a
refinery at ~$30 per barrel.
• According to capital estimates by BDR, at $70 per barrel, GreenRiver would
recoup capital costs in approximately 17 months from beginning operations, and
36 months from funding. Daily Net Profit
$300,000
$225,000
$150,000
$75,000
$0
$50 $70 $90 $110
Per Barrel Sales Price

CREATES NEW GREEN JOBS
TO CLEAN & HARNESS AMERICA’S
UNCONVENTIONAL OIL ASSETS
ANY JOB that cleans and remediates mining sites -- is a CLEAN OIL JOB
to be proud of.
ANY JOB that helps America replace foreign oil imports by creating new
sources of domestic liquid fuels from Oil Shale or Tar Sands – in an
environmentally-friendly way: without wasting water, without
polluting the air or without trading-off one valuable energy (natural gas
or electricity) just to make another valuable energy (oil) – is a CLEAN
OIL JOB to be proud of.

CAN DOUBLE NUMBER OF OILFIELD
SERVICE JOBS -- AND MAKE THEM GREEN
Major U.S. Oil Service Companies Will Benefit From Deployment
of EncapSols into Oil-Rich Tar Sand & Shale Mine Sites
Heavy Machinery
Operators
Shale – Tar
Geologists
GeoChemists
Thermodynamic &
Chemical Engineers
Welders
EncapSol Operators

CLEAN OIL EQUIPMENT PAYS FOR
ITSELF BY THE VALUE OF THE OIL IT PRODUCES
America Imports ~10-million Barrels of Oil Per Day
x 365 days/year = 3.65-Billion Imported Barrels/Year
At $60/bbl Oil Price -- America Is Paying Out
$220-Billion/Year of National Treasure To Foreign Oil Producers
At $100/bbl Oil Price -- America Is Paying Out
$365-Billion/Year of National Treasure To Foreign Oil Producers
Each EncapSol Produces 6,000 Barrels of Oil per day…so:
1,700 EncapSol Units Would Produce 10-million barrels daily =
Enough Domestic Oil to REPLACE Foreign Oil Imports 100%
$60-million Cost of Each Machine x 1,700 Units = $102-BILLION
Amortized Over 10-Years = $12-BILLION ANNUAL COST
$12-Billion/Year Cost to Keep >$200-Billion of the
American Consumer Oil-Dollar Right Here In America

ENERGY BONDS CAN FINANCE RAPID HARNESSING
OF AMERICA’S UNCONVENTIONAL OIL RESOURCES
INVESTORS
BUY CLEAN
ENERGY
BONDS
…
$60-M Each
ENCAPSOL OIL
RECOVERY MACHINES

A SAFE & ATTRACTIVE NEW INVESTMENT:
SECURITIZED HIGH-YIELD ENERGY BOND FINANCINGS
Investors Will Finance EncapSol Installations By Buying Energy Bonds
In Tranches of $60-Million - To Build & Install 6,000 BOE Per Day Facilities
Producing 2.16-million Barrels of Oil Per Year At <$33 Per Barrel
Business Model Enables EncapSol-Site Specific Limited Partnerships To
Pay 10% Energy Bond Financing & Still Generate Significant Profits PLUS
Pay Bond/Investors 10% of Net Profits Produced By Each Funded System
PLUS
Secure Bondholders With Collateral In Form of UCC1-Equipment Lien
PLUS
Secure Bondholders with Contractual Lien Against EncapSol Energy
Purchase Agreements -- Guaranteeing Repayment of Monthly Principal +
Interest Deductible From the Sale of All Products From Each EncapSol
PLUS
These Clean Energy Bonds May Receive U.S. Federal Loan Guarantees
To Accelerate Deployment of EncapSols Into America’s New Energy
Fields Containing Verifiable Shale & Tar Sand Extractable Oil Reserves

UNLIKE CONVENTIONAL EQUIPMENT FINANCING –
EQUIPMENT LENDING = LESS RISK
• Most LEASED or FINANCED equipment DEPRECIATES over time --
losing value every year – like a leased car or Xerox copier.
• But EncapSol equipment that is LEASED or FINANCED can actually
APPRECIATE and grow in value over time – based upon the rising
value of the Oil and other valuable by-products which it produces,
year after year after year for the 20-year + life of each unit.
• As long as the EncapSol equipment operates – day by day it will grind
& process 10,000 tons of raw ore and produce >6,000 barrels of oil and
other by-products that can be sold for a high price today (and most
likely a higher price tomorrrow when the price of oil rises as expected
over the next few years).
• Each EncapSol Equipment Lease will generate enough oil and ore
revenues, and earn enough Emissions-Credits, to more than pay down
its debt – and generate profits for multiple parties in the transaction:
Royalty Owner, Mine Owner/Property Owner, EncapSol Company,
EPC/Engineers, U.S. Government & Investors.

Company Will Lobby U.S. Gov’t For Equipment Loan
Guarantees To Re-Open Factories & Create New
Jobs Building & Installing Machines
Gov’t Loan Guarantees are the cheapest and least-risky way for the US
Government to finance the manufacturing and installation of EncapSol clean
energy equipment to harness America’s untapped Unconventional Oil
resources to reduce and then eliminate America’s need to import oil.
Direct government subsidies or tax-credits are all expensed on the
Government’s books and deducted like cash from the “general fund” –
but a U.S. Government loan guarantee is not expensed as cash because
the government only pays money in the unlikely event of a Loan Default.
Unlikey to default – because in the case of the EncapSol, we will only build
and install EncapSol units at oil shale mines & tar sand sites that have been
pre-selected and tested by the DOE & DOI to have proven reserves from which
EncapSol equipment can profitably extract oil & other saleable by-products.
If we built it and install it – it will make money and pay for itself.
Government money is never really spent – but only leveraged & used to
guarantee big banks and investors that if they finance $10-Billion worth
of EncapSol machines, they won’t lose any money (because the sales value of
the oil, carbon and other by-products it produces will more than pay for the
monthly equipment financing, personnel and operation costs).

EQUIPMENT LOAN-GUARANTEES BENEFIT MANY
OF THE PRESIDENT’S CABINET DEPARTMENTS
Department of Defense (DOD) As world’s largest single buyer of oil-products,
the DOD’s current reliance on importing foreign oil from countries hostile to the
USA is truly a national security problem that the EncapSol solves – enabling
DOD to supply 100% of its oil by harnessing America’s unconventional shale/oil
resources.
Department of the Interior (DOI) BLM Bureau of Land Management has direct
control over the awarding of mineral rights leases of oil, shale and tar sands on
Federal lands – for which Secreary Salazar is seeking the cleanest, most cost-
effective technology: which the EncapSol offers alone without competition.
Department of Commerce, US Trade Representative & State Department –
promoting international trade, encouraging use of the Nation's scientific
resources to help optimize worthy new technologies, like the EncapSol, that
can become the next big high-tech export product that America can build, co-
own and co-operate with local heavy oil and tar sands owners around the world
-- strengthening the international economic position of the United States (by
eliminating oil imports) and creating high-paying new energy jobs

BESIDES OIL SANDS AND OIL SHALE…
FREESTONE INTENDS TO FOCUS ON TWO OTHER
MAJOR BUSINESS OPPORTUNITIES
ENVIRONMENTAL CLEAN-UP AND OIL RECOVERY -- There
are millions of barrels of waste oil and oil-based sludge from oil spills,
oil field sludge pits, licensed oil disposal sites, oil tankers, and oil
storage tanks. This oil is currently discarded as a toxic-waste, but it
could potentially benefit from and be cleaned with EncapSol in order
to recover the oil that can not only benefit the local environment, but
can also increase U.S. crude oil storage tank capacity .
ENHANCED DOWNHOLE OIL RECOVERY -- The U.S. Department
of Energy recognize billions of barrels of hard-to-recover heavy oil and
immobile oil that is left stranded in America’s operating oil fields,
which could potentially benefit from chemical injection of EncapSol in
both liquid form and gaseous form as a tertiary recovery method to
release downhole hydrocarbons from the water, sand, clay, rock and
other minerals that bind them.