2. VENTURE CHEMICALS is a specialty chemicals company that develops and supplies additives and advanced materials for drilling fluids, water treatment, organic fertilizers and other industrial applications. Its innovative solutions are based on polymers, fibers, colloids and surfactants derived from naturally-occurring materials. They provide superior performance over other synthetic or traditional products in an environmentally friendly manner.

3. Venture Chemicals specialize in organo-lignites (amine treated lignites) We are one of the few suppliers in the world with mass production capabilities We have a 30- year history in developing and producing these products

5. Minimum formation damage; excellent seepage loss adjunct

6. Environmentally friendly – non hazardous, non-toxic

7. Excellent secondary emulsion stabilizers

9. Colloidal Organo-humates Venture Chemicals, Inc. produces a family of organo-lignite (amine lignite) derivatives based on the reaction of humic acids (derived from oxidized lignite) with various high molecular weight organic compounds such as, but not limited to, fatty amines. These reactions result in a conversion of normally water soluble/ dispersible humates into ORGAN-HUMATES that are soluble/dispersible in non-aqueous solvents such as oils. These organo-humates are black, free flowing powders that produce colloidal dispersions in non-aqueous systems.

10. Colloidal Organo-humates Our organo-humates are a useful specialty fluid loss additive for oil base drilling fluids. Due to their colloidal nature and controlled solubility in diesel and mineral oils, they can be used to control the fluid loss properties of oil base fluids exceeding temperatures of 500° F. With special application techniques, they can be used considerably above 500° F in certain cases. Organo-humates also have potential utility as specialty fluid loss additives in oil base fracturing fluids.

11. Colloidal Organo-humates Some of the useful SECONDARY PROPERTIES our organo-humates provide are as emulsification enhancement, emulsion stabilizer, and dispersant in certain types of oil based drilling fluid systems. Organo-humates can also be used in special slug treating situations in water based drilling fluids. They can be incorporated into an oil pill and added with a special slugging technique whereby the pill is pumped around the hole. This is particularly useful in cases of differential pressure sticking in pressure depleted sands.

13. Gilsonite-Based Products

15. Exhibit melting points and become ineffective above melting point

16. Dirty to handle

18. Can become ineffective above melting point

19. Some concern about formation damage in certain formations due to softening and melting

21. Some concern about formation damage in certain types of formations

23. Controlled solubility

24. Environmentally friendly

25. No melting points

28. Relatively inexpensive

29. Designed to compete with high-end asphalt and gilsonite products

32. Used at temperatures up to 300-400° F

33. Good cost performance

36. For use at temperatures exceeding 500° F

38. Recommendations on Selection of Specific Product: Testing is highly recommended to pick best cost/performance product The specific additives, orders of additions, temperature, shear time and other factors can influence solubility and performance

40. Willing to modify or tailor-make product to fit a given system when significant pre determined volume is involved