Bayshore Petroleum has developed a new catalytic technology to upgrade heavy oil and bitumen into light oil such as diesel at normal pressure and low temperature. Laboratory and pilot tests show the process yields over 80% diesel from heavy oil, compared to 35% from conventional upgrading. The process also produces synthetic gas and petroleum coke. Bayshore plans to market the technology globally and pursue joint venture opportunities to build commercial upgraders. The technology could allow in-situ upgrading of heavy oil reservoirs into light oil reservoirs.

1. December, 2013

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
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3. Company Information
• 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.

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
CATALYST
420 Deg C
Atm Pres.
No Hydrogen
Light Oil
(>30 API
Diesel Grade)
Petcoke
ONE SINGLE
STEP !!!
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. Business Development & Marketing
 Bayshore will conduct business development, marketing,
sample collection, conducting laboratory and small scale
tests, commercial scale engineering design and others in
the potential heavy Oil/Oil sands countries.
 It is anticipated at least 3 major upgrader projects will be
secured in the coming 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.

21. 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.
21

22. 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
22

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