This document provides a summary of Bayshore Petroleum Corp, a Canadian oil and gas company. It discloses that Bayshore has secured a revolutionary heavy oil upgrading technology that can convert heavy oil/bitumen into light oil using a proprietary catalyst in a one-step process. Bayshore is seeking $5 million in private funding to further develop this technology and pursue heavy oil opportunities globally. The technology has significant economic and environmental benefits over conventional upgrading methods.

1. December, 2013

2. DISCLAIMER
 This document has been prepared by Bayshore Petroleum Corp.(the “Company”, together with its
subsidiaries, the “Group”) for the sole purpose of introducing the Company, and copying and
delivery to others are strictly prohibited. Since the dissemination of this document within the
jurisdiction of various countries might be subject to local laws, any individuals who will receive this
document shall have a clear understanding of and comply with such laws and regulations.
 There are no explicit or implied representations or warranties as regards the fairness, accuracy,
integrity or correctness of the information contained in the document. This document is not intended
to provide a complete or comprehensive analysis of the financial or trading position of the Company
or its prospects. Therefore, any individuals who will receive this document shall be aware they shall
not rely on the contents of this document.
 This document does not form part of any offering document of the Company or constitute any offer
or solicitation by or on behalf of the Company relating to any securities of the Company. This
document is not intended to provide the basis of any creditor of the revaluation or form the basis of
any investment decision in any securities of the Company.
 The information and opinions provided in this document are up to the date of this document and
might be subject to changes in the future in respect of which no further notice will be issued. The
Company and its affiliated companies, advisors or representatives disclaim any liability whatsoever
for any loss howsoever arising from using this document or its contents or from other aspects of this
document (whether this is caused by negligence or other reasons).

3. Company Information
• Bayshore is a Canadian Public Company with its stock trading
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•
•
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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.

4. Introduction of Management Team
Management Team
Peter Ho (Canada):
Mark Roth (Canada):
CF Cheng (Hong Kong/China):
CEO/President
VP, Finance
China Executive President
Advisory Team
Dr. Janusz Grabowski (Canada):
Ken Sinclair (Canada):
Technical Advisor
Senior Technology Partner

5. Management Team
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.

6. Potential Heavy Oil / Oil Sand Upgrading
Technology
Bayshore has secured a technology that is revolutionary in the
energy industry
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

7. Conventional Oilsand/Heavy Oil Upgrading
Complex Upgrading process involving
High Pressure, Temperature and Hydrogen

8. CCC Heavy Oil/ Bitumen Upgrading
Technology
CCC
C ATALYS
T
ONE SINGLE
STEP !!!
420 Deg C
Atm Pres.
No
Hydrogen
Light Oil
(>30 API
Diesel
Grade)
Petcoke
Synthetic
Gas

9. 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.

10. Process Description
Mixing Catalyst and Heavy oil/Bitumen in container
and run through pyrolysis with no pressure or
Hydrogen added
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.

11. Lab Scale Bench Test

12. HEAVY OIL UPGRADING
Laboratory Scale Test
Results

13. Formal China Oilsand /
heavy Oil laboratory
test reports prepared
for
Bayshore
Petroleum.
The Inventor is very
keen to apply this
Canada/China joint
venture technology to
Global Heavy Oil/ Oil
Sand countries.

14. Potential Heavy Oil/ Oilsand Upgrading
Technology Economic Benefit
$60/Bbl

15. Scale Up Pilot Test
Small Scale
Pilot
Upgrader
has already
been
constructed
and
tested
in
Beijing
Facility with
anticipated
Results

16. Scale Up Pilot Test
Diesel coming out from
the scale up pilot plant
Unloading coke
generated in the
process
Chunky
Valuable
Petcoke

17. Capital Cost
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
coke.
Design of the processing plant will utilize the gas for
heating and save significant operating cost!!

18. Economic Parameters
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 !!!

19. World Heavy Oil Resources
The BIG PICTURE !!
> 3.4 Trillion
Barrels !!!
19

20. Funding Requirement
Bayshore is seeking Global Heavy Oil owners and
funding groups to work together and expand the
technology worldwide
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,
2013.

21. Funding Requirement
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.

22. BAYSHORE PETROLEUM
CORPORATION
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.
22

23. Value Chain of Heavy Oil/Bitumen
Ultra Low Sulphur Diesel product
Catalyst
Gas
Surface
Upgrader
Mid/Down
Stream
Desulphurizer
Petroleum Coke
5 – 20 API
Heavy Oil
In Situ Upgrading
Upstream Operation
23

24. CONTACT
For Further Information and contact:
Mr. Peter Ho
Peter.ho@bayshorepetroleum.com
Canada- +1-403-630-4355, Hong Kong +852-9160-4450