Heavy Oil Upgrading Catalyst Technology Presentation
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• Bayshore is a Canadian Public Company with its stock trading
in Toronto Venture Exchange (Symbol: BSH)
Total issued shares – 16.4 million shares (October, 2013)
52 weeks Price range - $0.11- $0.45
The company develops conventional and unconventional
oil/gas prospects in North America and International via:
- Exploration and Development
- Joint venture with local energy companies
- Potential Merger & Acquisition
Based in Calgary, Bayshore has Liaison Offices located in
Beijing, Shanghai and Hong Kong.
Introduction of Management Team
Peter Ho (Canada):
Mark Roth (Canada):
CF Cheng (Hong Kong/China):
China Executive President
Dr. Janusz Grabowski (Canada):
Ken Sinclair (Canada):
Senior Technology Partner
Peter Ho – President and CEO of Bayshore Petroleum
Corp. A Consultant with over 30 years of oil/gas industry
experience in North America, China, Middle East, Asia.
Mr. Ho is a registered professional Engineer and has
worked in Multi-national companies such as BP, Texaco,
Kerr McGee, TransCanada Pipeline. Mr. Ho has been
involved in setting up a public company in Hong Kong,
Canada and has strong relationship with PetroChina,
China United Coalbed Methane Corp. and many other
international oil/gas companies. Mr. Ho also has involved
in numerous Heavy Oil, Oil sand, CBM projects in
Canada and China for the past 20 years.
Potential Heavy Oil / Oil Sand Upgrading
Bayshore has secured a technology that is revolutionary in the
The technology utilizes a proprietary catalyst to convert Heavy
Oil/Bitumen into light oil (same as Diesel Quality) at normal
pressure and low temperature
Different than Conventional Upgrading technology and is a
much more simple operation. Both energy efficient and
environmental friendly than conventional process.
Bayshore Management owns the right to market and manage
the technology application worldwide.
Market size of this business is well over billion dollars range
Conventional Oilsand/Heavy Oil Upgrading
Complex Upgrading process involving
High Pressure, Temperature and Hydrogen
CCC Heavy Oil/ Bitumen Upgrading
420 Deg C
Merits of the Technology
UPGRADING PROCESS - CONTINUED
There are surplus high heating value synthetic gas and petroleum coke
produced in the upgrading process.
The process is designed to upgrade the heavy oil directly to raw Diesel
without other petroleum distillates such as Gas Oil, Kerosene, Naphtha, etc.
The yield of more than 0.8 barrel of diesel per barrel of heavy oil is much
higher than conventional refinery which has less than 0.35 barrel of diesel!!
The new technology can be applied to upgrade Heavy oil or Bitumen from
oil sand into light oil products in a much more efficient manner than the
conventional conversion process.
Mixing Catalyst and Heavy oil/Bitumen in container
and run through pyrolysis with no pressure or
Volatile products are collected and condensed into
Diesel oil. The other product include Synthetic Gas
and solid Petroleum Coke (PETCOKE)
The complete pyrolysis batch process takes 3-3.5
hours to complete and the temperature slowly heated
from ambient temperature to 450 degree Celsius.
HEAVY OIL UPGRADING
Laboratory Scale Test
Formal China Oilsand /
heavy Oil laboratory
test reports prepared
The Inventor is very
keen to apply this
venture technology to
Global Heavy Oil/ Oil
Potential Heavy Oil/ Oilsand Upgrading
Technology Economic Benefit
Scale Up Pilot Test
Scale Up Pilot Test
Diesel coming out from
the scale up pilot plant
generated in the
Simple Operation requires only heating vessel
Estimated Capital cost $10,000 US per barrel per day of
heavy oil processing
Example: $20 million US will be able to build a 2,000
barrels per day heavy oil processing plant that can yield
1,650 barrels of diesel plus synthetic gas and Petroleum
Design of the processing plant will utilize the gas for
heating and save significant operating cost!!
1 Barrel of Heavy oil yield 0.83 barrel of Diesel oil using
0.02 barrel of catalyst
Cost of Heavy Oil - $60/bbl
Cost of Catalyst - $200/bbl
Selling price of Diesel - $110/bbl
Plant Operating cost - $8/bbl
Net Profit - $19-$20/bbl !!!
World Heavy Oil Resources
The BIG PICTURE !!
> 3.4 Trillion
Bayshore is seeking Global Heavy Oil owners and
funding groups to work together and expand the
Bayshore is raising 5 million Cdn private placement from
Strategic investors to expand the business opportunity.
$0.18/share for a total issuance of 27.778 million shares
Minimum Subscription -$0.5 million
Private Placement to be completed by December 31,
Proceeds of the funding will be used to conduct business
development, marketing, sample collection, conducting
laboratory and small scale test, commercial scale
engineering design and general G&A.
It is anticipated at least 3 major upgrader projects will be
secured in the next 6 months which Bayshore will be able
to participate or joint venture with other groups.
If feasible, further fund raising by Bayshore will be
conducted to implement the project in each country.
FUTURE DEVELOPMENT PLAN
Exploration of better utilization of synthetic gas and Petroleum coke to
provide Bayshore with another stream of steady income.
Expansion of the new catalyst technology can eventually be applied
underground and turn heavy oil or oil sand reservoirs into light
hydrocarbon reservoirs with high productivity and valuable
products (synthetic gas and light oil). Bayshore will become the
pioneer of the in-situ upgrading technology company and this
development will open up even more opportunities for Bayshore to
become a strong upstream operator.
Value Chain of Heavy Oil/Bitumen
Ultra Low Sulphur Diesel product
5 – 20 API
In Situ Upgrading
For Further Information and contact:
Mr. Peter Ho
Canada- +1-403-630-4355, Hong Kong +852-9160-4450