3. Oil Ionizer results and potential Company: Oilwell Technologies & Enhancement Corp President: David Melton Date: 29th September 1995 Location: Santa Maria, California Purpose: Install Ionizer at oil well for the purpose of upgrading the specific gravity of the crude Results: Lab tests reflected a 30% increase in the specific gravity (9.5-12.2) from the oil produced from the UCB #1. At the time this company received an additional 15 cents per gravity point increase. Company: Sctek Inc President: Paul Downey Date: 19th June 2003 Purpose: Financial potential of the Ionizer Assumptions: Oil producers are willing to pay $1 per incremental BBL 40% increase in daily production expected from most reservoirs Example: Saudi Aramco, 6 million BOPD the Ionizer will increase production by 2.4 million BOPD Annual revenue of $860,000,000 for technology owner and $21.5 billion additional revenue for Saudi Aramco at $25 per bbl WET/EIG