The document summarizes a groundbreaking new drilling system called PLASMABIT that is capable of drilling to deep depths faster, cheaper, deeper, and more stably than existing methods. Specifically, PLASMABIT can drill 5 times cheaper, 4 times faster, 3 times more stable wells, 2 times deeper, and with 1 continuous process for casing and drilling compared to other technologies. The system was tested in 2012 and the company is seeking $5 million to build a pilot well in 2013-2014.

1. We are developing a groundbreaking
drilling system PLASMABIT™ capable
of drilling to deep depths more than:
5 times CHEAPER than any of today's methods
4 times FASTER than other drilling procedures
3 times STABLE well than mechanical drilling
2 times DEEPER than common drill hole
1 PROCESS for casing and drilling
0 TRIPPING and drilling bit replacement
Igor Kocis, CEO, Geothermal Anywhere
European Entrepreneurship & Innovation Thought Leaders
Stanford Engineering
February 11 2013

2. PLASMABIT
Overview
Deep drilling technology
Geothermal market, Oil & Gas market, Mining
Faster, Cheaper, Deeper, Safer
October 2012 – field test prototype
Expert 35 member team
Contracts with Forbes 2000 companies
www.GeothermalAnywhere.com 2

3. PLASMABIT
Problem / Opportunity
People who need energy
From where? From under the ground
Drilling costs  the challenge  4km~4M€  reduce!
Oil&gas drilling sector market value is $119B in 2011,
estimation in 2016 is $188B
Oil&gas market Geothermal market
www.GeothermalAnywhere.com 3

4. PLASMABIT
Product / Technology
Plasma drilling system PLASMABIT
Cost-effective drilling for deep wells
Linear increase of cost per depth
contrast to exponential
Well stability
continuous casing-while-drilling
Onshore/offshore
www.GeothermalAnywhere.com 4

5. Technology
PLASMABIT
Drilling using PLASMABIT
PLASMABIT subsystems:
Movement: Interface:
Water pipeline
Carrier rope
Power supply
www.GeothermalAnywhere.com 5

6. Technology
PLASMABIT
Drilling Costs - PLASMABIT Savings
Hard rock case study
Days
100%
Pipes Connection
80 Tripping / Cleaning
Casing
70 ContiCase - Casing while Drilling
60 63% Rig logistics
Drilling
50
40 Length of the borehole:
23% 4.5 km / 15,000 ft
30 Conventional drilling cost:
$6.5M
20
PLASMABIT with ContiCase
10 and enhanced ROP cost:
$1.7M
0 Additional fixed savings:
Conventional PLASMABIT PLASMABIT with ~$600k
drilling drilling ContiCase and
(*ROP 4m/h) (*ROP 4m/h) enhanced ROP
(8m/h)
*ROP – Rate of penetration
www.GeothermalAnywhere.com 6

7. Technology
PLASMABIT
Our breakthroughs – achieved and future milestones
Aug 2012
Sep 2012
Dec 2010
2nd generation of Continuous casing
plasmatron scale while drilling PLASMABIT
1:10, pulsed mode Proof-of-the- Field Prototype
concept
Non-contact drilling Well stability Demonstration
Dec 2013
Dec 2014
Jun 2013
High temperature >10 m depth PLASMABIT
improved ROP Rig drilling system Drilling System
PLASMABIT PLASMABIT Pilot Well
prototype
Drilling speed Demonstration Demonstration
www.GeothermalAnywhere.com 7

8. PLASMABIT
Barriers of Entry
Interdisciplinary expert team
Senior technology leaders and advisors
Initial capital (9M€)
Deep drilling center with top infrastructure
Technology stage and Patent portfolio
10 patents and patent applications
www.GeothermalAnywhere.com 8

9. Technology
PLASMABIT
INTELLECTUAL PROPERTY RIGHTS
GA has finalized and applied for a set of patents protecting the PLASMABIT IPR
Patent Patent Overview Patent Stage
Equipment for excavation of deep drill holes in geological formation
New drilling PCT/SK2008/050009; EU EP08767327.3
and the manner of energy and material transportation in the drill
concept US 12/666,224; Slovak PP5087-2007
holes
Advanced Equipment for realization of deep boreholes and method of PCT/SK2010/050002; EU EP10703136.1
drilling platform realization of deep boreholes US 13/148,032; Slovak PP 5011-2009
Advanced PCT PCT/SK2010/050016;
Method and equipment for disintegration of materials
drilling method Slovak PP 5062-2009
Virtual water plasma Virtual water plasma generator and method for generating of
Slovak PP 5046-2011
generator electric thermal plasma
Thermo-mechanical
Breaking up rocks with its melting, and interaction of water streams Slovak PP 5045-2011
drilling method
Parallel thermal plasma Thermal plasma generation system for parallel generation of
Slovak PP 5044-2011
generators thermal plasma and process of parallel thermal plasma generation
Electrode Autonomous governor of the plasma generator
Slovak PP 5048-2011
movement electrodes movements
Method of rock Method of rock disintegration and equipment
Slovak PP 5047-2011
disintegration for performing of disintegration
Another two utility models applications in filing process, new patent applications in preparation
www.GeothermalAnywhere.com 9

10. PLASMABIT
Strategic Relationships
Company Description
Oil & gas industry
Statoil Top 10 global oil and gas company
Tullow oil Africa’s leading independent oil company
BP Top 10 global oil and gas company
Drilling and mining services companies
Weatherford Top 10 oilfield services company
Newmont Top 3 world's largest producer of gold
Herrenknecht World leader for heavy tunnel boring
Imerys World leader in mineral-based solutions
Utilities
Enel Leading European energy provider
Geothermal projects developers
EGS Energy UK leader in geothermal systems EGS
www.GeothermalAnywhere.com 10

11. PLASMABIT
Competition
Existing and new drilling equipment/services
companies
Drilling services companies New approach

PLASMABIT:
 Higher speed
Our customers Increased well stability
New applications
www.GeothermalAnywhere.com 11

12. PLASMABIT
Team
Igor Kocis Tomas Kristofic Ivan Kocis, PhD. Technology Teams
Chief Scientist
Chief Executive Chief Technology
Chairman
Officer Officer
of the Advisory Board
Construction, Engineering
35 fulltime employees, >600y experience and Drilling Team
Shareholders – 15 years common serial
entrepreneurship Electrical Engineering
Advisory Board - top-ranking senior experts from Team
relevant industries
Plasma Physics
Invested Man Months over last 5 years Team
Material Engineering
Team
Modeling and Simulation
Team
www.GeothermalAnywhere.com 12

13. PLASMABIT
Business Model
Industry acceptance
Direct relations with 10 industrial leaders
Revenue source: services, product sales, licensing
2011 2012 2013 2014 2015 2016
Drilling prototype Demonstration /
Pilot well
Commercialization
Core revenues generated since 2014
Exit strategy: IPO or Fortune500 trade sale (2016)
www.GeothermalAnywhere.com 13

14. PLASMABIT
Status, milestones, use of funds
Build Deep drilling center
Test site with field prototype
Raised 2008-2012 9M€
Signed contracts with Forbes2000 companies
Need 5M€ for 2013-2014 to build a pilot well
www.GeothermalAnywhere.com 14

15. There is an enormous energy hidden below your
feet and there is a way how to bring it to people.
www.GeothermalAnywhere.com