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Investor Presentation – November 2, 2011

TSX-V: RLE
Forward Looking Statements
Certain information set forth in this presentation, including management's assessment of future plans and
operations, contains forward-looking statements. By their nature, forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond our control. Those risks include, without
limitation, the effect of general economic conditions, risks associated with the oil and gas industry and
commercializing environmental technologies and services, loss of markets, industry conditions and
competition, volatility of commodity prices, currency fluctuations, environmental risks, competition from other
industry participants, the ability to access qualified personnel and field services, decisions by regulators and
the ability to access sufficient capital from internal and external sources. Readers are cautioned not to place
undue reliance on the forward-looking statements as the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may prove to be imprecise and actual
results, performance or achievements could materially differ from those expressed or implied in such forward-
looking statements and accordingly, no assurance can be given that any of the events anticipated by forward-
looking statements will transpire or occur, or if any of them do so, what benefit Ridgeline Energy Services Inc.
will derive therefrom.




                                                       2
Company Overview
Ridgeline is an energy services technology company focused on providing water treatment
solutions to the oil and gas industry
•   Has developed a commercially proven proprietary technology that efficiently treats contaminated water
    generated by oil and gas producers and commercial waste water
•   Primarily targeting produce and frack flowback water, additional targets are the chemical flood, and oil
    sands water treatment markets.
•   Solves client issues in sourcing water, storing water and dealing with waste water on site while cutting
    costs and dealing with environmental concerns
•   Positioning to be the leading oil and gas industry water treatment company in North America as the need
    for water and environmental concerns grow
•   Also has profitable Environmental and Greenfill divisions


    Issued and Outstanding                               61,452,837
    Warrants                                             15,498,211           $    6,749,307
    Options                                               5,132,504           $    1,478,837
    Fully Diluted                                        82,083,552
    Water Technology Acquisition                         34,581,743
    Total                                               116,665,295           $    8,228,144

    Insider ownership (post water technology acquisition) - 55%
    Institutional ownership approximately 15-20% - Including Stephens Investment Management, a long fund, based on fundamental research
                                                                      3
Industry Demand
• The North American oil and gas industry is seeing an increasing use
  of water-intensive production methods to extract reserves

• Shale Oil & Natural Gas Fracturing
   Fracking involves stimulating a well bore using high pressure water laced with highly
    corrosive salts, carcinogens and radioactive elements
   If not managed or treated appropriately, the produced water can end up in surface
    or groundwater systems and contaminate land, drinking water and waterways
   The cost of water to frac wells has put pressure on the industry to find a solution so
    that the water can be re-used for multiple frac stages
   Water related costs to the producer include purchasing and hauling freshwater,
    hauling process water to disposal wells, and disposal fees

• Oil Sands
   Through SAGD extraction, water creates steam used to heat raw, thick bitumen for
    extraction and processing
   For every barrel of bitumen, between two and four barrels of fresh water are
    required to extract the bitumen from the sand
   Creates huge, long life (30-40 year) toxic tailings ponds estimated to contain over
    1 trillion m3 of toxic liquids
   Industry to meet new environmental standards and directives



                                                               4
Frac Market Opportunity
Fracking and Produced Water Market
•    The oil industry produces 2.5 times more water than oil
•    By 2025 it will be producing 5 times more water than oil
•    Handling produced water is a tremendous growth market but the real opportunity is in
     treatment
•    Recycling produced water turns a waste into a valuable asset
•    In 2007 the oil and gas industry in the United States used approximately 21 billion barrels of
     water to frack oil and gas wells of which 97% is related to onshore production                                                                                                       (1)




                                     US Shale Gas Production
                                                                                                                        •          Produced water is the largest volume
           4.5
                                                                                                                                   waste stream in oil and gas
           4.0

           3.5
                                                                                                                                   production
           3.0
                                                                                                     Eagle Ford
                                                                                                     Marcellus
                                                                                                                        •          USA produced water
           2.5                                                                                       Haynesville
                                                                                                                                       21 Billion bbl /yr
     TCF




                                                                                                     Woodford
           2.0
                                                                                                     Fayetteville                      Approximately 57 million bbl /day or
           1.5                                                                                       Barnett

           1.0                                                                                       Antrim                            333 million m3/year or 913,000 m3/day (1)
           0.5

           0.0
              2000   2001   2002    2003     2004     2005    2006       2007   2008   2009   2010                          (1) Clark, C.E., and J.A. Veil, 2009, Produced Water Volumes and Management Practices in the United States,
                                                                                                                            ANL/EVS/R-09/1

                      *Source: EIA, Richard Newell (Lipman Consulting)                                              5
Chemical Flood and
Oil Sands Market Opportunity

Oil Sands Market                                                                             Mature Fine Tailings Volumes



•        According to company submissions,
         volume of FFT/MFT* will grow 30% from
         843 million m3 in 2010 to over 1.1 billion
         m3 in 2020. By 2065, the volume of
         tailings will still be over 1.1 billion

•        SAGD and Chemical Floods use millions
         of cubic meters of water per year that
         can be re-used and recycled

* refers to volumes stored in ponds

    Source: AltaCorp Capital –Company Reports, CAPP, AltaCorp Estimates       Source: ERCB




                                                                          6
Economic Opportunity
Ridgeline owns and operates the treatment assets                 2000M3/DAY CORE UNIT
• Volume-based treatment fees provide recurring revenue          Annual volume M3/year                   700,000

  streams.
                                                                 Revenue                          $    3,180,799
• Fees to be determined by water quality, volumes, and the
  water product as determined by the client.                     $/m3                             $         4.54

Produce and Frack Flowback Water                                 Costs                            $    (1,296,959)
• Ridgeline feels it can capture a significant portion of the    Earnings before tax              $     1,883,845
  produce and frack flowback water market within three to        Depreciation (5 years)           $      (401,996)
                                                                 EBIT                             $     1,481,848
  four years
Chemical Flood and Oil Sands – Mining and SAGD                   Alberta Tax Rate         26.5% $       (392,689)
                                                                 Earnings after tax             $      1,089,160
• Chemical flood to improve oil recovery has the potential for
  significant water treatment volumes.                           Depreciation (5 years)           $      401,996
• Significant opportunity to recover hydrocarbons in tailings
  to markedly offset treatment costs                             After tax Cash flow              $    1,491,156

                                                                 Capital Cost                      $   (2,009,982)
                                                                 Payback (Years)                               1.3
                                                                 Internal Rate of return (5 years)            69%



                                                  7
The Technology
• Developed by Dennis Danzik the inventor of the proprietary electro-catalytic process effectively treats
  large quantities and multiple types of oil and gas exploration and production wastewater

• “Cracks” water at a sub-molecular level allowing “targeting” of reagents and mechanical processes to
  reduce suspended and dissolved solids, chlorides, dissolved gases, and other harmful contaminates

• Benefits include very low energy consumption, high continuous flow rates, and can extract usable
  hydrocarbons




                                Reactor at start    Reaction to completion   Extracted hydrocarbon
     Barrels of test water
                             (100% process value)       (97% reusable)                (3%)




                                                       8
Competing Technologies
                                     Effectiveness                                  Productivity                  Cost Efficiency             Process

                      Heavy Metals     Chlorides          TDS        Energy            Solids       Fuel      Treatment        Capital   Modular    Continuous
                        Removal        Removal          Removal   Consumption         Disposal     Recovery     Costs           Costs    Process      Process


Electro-Coagulation



Evaporation/
Distillation



Cavitation




Reverse Osmosis



Ridgeline
Electro-Catalytic




 Weak                                                Excellent




                                                                                9
     Vapex
Energy Consumption
                                                                     kW Per                          Energy        Gallons                     Barrels           m3             Cost Per        Cost Per             Cost Per
                                                                                                                                                                                                                           3
                                                                      Hour         kW Per Day      Cost (Daily)    Produced            Produced              Produced           Gallon            Barrel                  m


Electrocatalytic                                                      120             2,880           $202         500,000                     11,905          1,894            $0.000               $0.02            $0.11

Electrocoagulation                                                   3,225           77,400          $5,418        500,000                     11,905          1,894            $0.011               $0.46            $2.86

Evaporation                                                          2,423           58,152          $4,071        500,000                     11,905          1,894            $0.008               $0.34            $2.15



                                                               kW Consumption per Hour                                                                            Cost of Energy Consumed
                                                $3,500                                                                                         $3.50
                                                                                    3,225
 Total Daily Energy Consumption (kW per Hour)




                                                $3,000                                                                                         $3.00                                         $2.86

                                                                                                         2,423                                 $2.50
                                                $2,500
                                                                                                                                                                                                                         $2.15
                                                                                                                                               $2.00




                                                                                                                              Cost of Energy
                                                $2,000

                                                                                                                                               $1.50
                                                $1,500
                                                                                                                                               $1.00
                                                $1,000
                                                                                                                                                                                     $0.46
                                                                                                                                               $0.50                                                             $0.34
                                                 $500                                                                                                                $0.11
                                                                                                                                                         $0.00 $0.02            $0.01                        $0.01
                                                               120                                                                             $0.00
                                                   $0                                                                                                     Electrocatalytic      Electrocoagulation             Evaporation
                                                         Electrocatalytic     Electrocoagulation     Evaporation                                              Cost Per Gallon        Cost Per Barrel            Cost Per m3




                                                                                                                        10
Leonard Shale, New Mexico
       Analytical Results
                                                                                        Average Reduction
                            200000
Average Results (mg/L)




                            150000

                            100000

                                     50000

                                           0
                                                           TDS                              TSS                                                Chloride                       Barium
                                                                                                           Parameters

                                                                                       Average Baseline                Average Endpoint



                                           Average Barium Reduction                                                                            Average TSS Reduction
                                     0.4                                                                                                2000
            Average Results (mg/L)




                                                                                                               Average Results (mg/L)

                                     0.2                                                                                                1000

                                      0                                                                                                    0
                                                                  Barium                                                                                           TSS

                                               Average Baseline     Average Endpoint                                                            Average Baseline   Average Endpoint




                                                                                                          11
Commercial Development
Commercial installations in and under construction

    1.   Gas shale produce and frack water treatment, Horn River Shale, B.C.

    1)   Oil shale produce and frack water treatment, Leonard Shale, New Mexico and Texas

    2)   Polymer flood enhanced recovery crude oil process water treatment, Brintnell oil field,
         northern Alberta



Development agreements

    1)   Chemical flood, produce and frack water treatment oil shale Waskada area of
         southwestern Manitoba

    2)   Commercial/industrial waste water treatment, Los Angeles CA.

                                               12
Mobile Development Lab
• Waste water and material evaluation unit that is transportable to site

• Scientifically characterizes a wide variety of water sources for treatment, reuse, and
  recycling, as well as enhanced hydrocarbon recovery; develops water treatments
  that meet customer needs

• Water treatment capability and quality can be determined during real-time
  operations




                                           13
Milestones

                                                                                     Announces       Commissioning
                                             Built first
                         Independent                                Successful       Acquisition     of first
Development of                               Mobile
                         Laboratory                                 Trials           of IP from      Commercial
Technology                                   Development
                         Verification                               Completed        Danzik          system in Horn
                                             Laboratory
                                                                                     Hydrological    River




       2005- 2009        January 2010       June 2010           October 2010         April 2011      June 2011



                                                                    Install first
       Signed            Development                                                   Commercial
                                             Install first          commercial
       agreement to      agreement to                                                  Install for     Fracking
                                             commercial             installation
       install MDL       install system                                                Production      Oil Sands
                                             installation in        for polymer
       Los Angeles,      in Waskada                                                    Water units     Industrial
                                             Texas                  flood
       CA                Manitoba                                                      Texas
                                                                    recovery




  September 2011      September 2011      September 2011        October 2011        December 2011




                                                               14
Targeted Customers
             Ridgeline has done work for over 40 oil and gas companies

Conventional & Unconventional Oil & Gas Companies




Oil Sands Companies




                                        15
Ridgeline Environment
•   Offers complete environmental solutions
    for oil and natural gas producers:
      Site assessments (Phase I/II/III, EIA,
       water/wetland/biological, soils, etc.)
      Implementation & project management
       of site remediation / reclamation programs
      Services a range of upstream, mid-stream,
       & downstream producers


•   90 employees – deployed with approximately 40 current clients
•   Provides $11+ million annual revenue run rate with 30% - 40% gross margins
•   Business continues expansion – year over year




                                                16
Ridgeline Greenfill
•   Solution for O&G customers to transform contaminated soil into safe landfill cover
      Existing landfills are ideal disposal sites for non-hazardous oilfield waste treatment
       hydrology, soil type, gradient)
      Bacteria and microorganisms break down hydrocarbons into CO2 and water
      Bioremediation and mechanical treatment takes place within bio-cells
      After treatment, these soils meet unconditional land usage criteria
•   Approximately 70,000+ O&G sites in Alberta
    in need of treatment
•   O&G producers benefit from lower
    transportation costs & reduction of liability
      Conventional methods involve storing at
       approved Class 2 landfills with expensive
       trucking/disposal costs, and retention of
       liability by producer



                                                17
Management Team
Tony Ker, CEO & Director – Over 25 years of experience building & operating companies in natural
resources & manufacturing sectors in N.A. Leading and developing management teams that support
growth and continuity in the organization. Back ground in Forest Products, Manufacturing, Printing,
start up of Junior resource companies, experience at dealing in an international environment.

Dennis M. Danzik, Business Development / Commercial Installations – Mr. Danzik is an engineer by
profession and the Inventor of the water treatment and distributed energy technology. Dennis is a
noted and published expert in polyolefin design and application. Has twenty eight years experience in
Scientific Investigation, Financial and Technical Presentations. U.S. Defense contractor (retired). Mr.
Danzik has twenty six years of patent experience, with U.S. and foreign patents issued. MIT Alumni
[Sloan] and Member MIT Product Development Group.

Tyler Heathcote, President, Director – Oversees all business units of RLE, including Ridgeline
Environment Inc., Ridgeline Water Inc., and Ridgeline GreenFill Inc. Owned and operated companies in
the energy services sector for over 20 years.

James Yeager, Chief Financial Officer – Mr. Yeager brings over 30 year’s experience in senior
management positions in finance and accounting with both public and private companies. Mr. Yeager
has held the position of CFO in multiple publicly listed companies managing yearly revenues into the
hundred's of millions. His experience with rapidly growing companies is well suited to manage the
expected growth in all of Ridgelines business divisions.

                                                  18
Board of Directors
Douglas Johnson, Chairman – Over 30 years of experience in the financing of public & private
companies. Since 1982, Mr. Johnson has been President and Chief Executive Officer of Canfund
Ventures Corp.

Brian Straub, Director – Recently retired as President, Shell Canada Limited and Canada Country Chair,
Royal Dutch Shell. Over 32 years of diverse Canadian and global oil & gas experience, his previous
executive responsibilities have included oil sands, exploration & production, major construction and
technology development/application.
Kelly Sledz, Director – Chartered accountant with a background in the oil & gas industry. Past positions
include acting as an auditor for KPMG and Deloite Touche before acting as Controller, and VP of Finance
for public oil and gas exploration companies. Mr. Sledz brings a unique blend of public company
experience, oil & gas industry knowledge, and financial acumen to the company.

Robert Raymond, Director – Over 25 years of business and management experience. Extensive
experience building business units, intricate knowledge of the insurance business and negotiations.

Tony Ker, Director – See Management
Tyler Heathcote, Director – See Management



                                                  19
Investment Highlights

 Established energy services business with tier 1 customer base serving oil and gas
  industry—provides stable revenue and cash flow to fund growth initiatives

 Large and growing market in Oil and Gas and Industrial waste water treatments

 Disruptive technology to cost effectively treat large volumes of wastewater (including
  frac and process water) from the oil and gas industry

 Water management system that solves waste water problems in an expanding and
  vital marketplace

 Renewable Energy technology not yet in forecasts

 Profitable with solid balance sheet and clean capital structure




                                          20
Thank You.

Ridgeline Energy Services Inc.
Company Contact:                                  Investor Relations:
Ridgeline Energy Services, Inc.       Crescendo Communications, LLC
Ryan Johnson                           David Waldman, Klea Theoharis
Corporate Development
Tel: (604) 566-8066 ext 2                          Tel: (212) 671-1020
Email: rjohnson@ridgelinecanada.com      Email: rle@crescendo-ir.com

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Ridgeline presentation nov 3 2011 release

  • 1. Investor Presentation – November 2, 2011 TSX-V: RLE
  • 2. Forward Looking Statements Certain information set forth in this presentation, including management's assessment of future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control. Those risks include, without limitation, the effect of general economic conditions, risks associated with the oil and gas industry and commercializing environmental technologies and services, loss of markets, industry conditions and competition, volatility of commodity prices, currency fluctuations, environmental risks, competition from other industry participants, the ability to access qualified personnel and field services, decisions by regulators and the ability to access sufficient capital from internal and external sources. Readers are cautioned not to place undue reliance on the forward-looking statements as the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and actual results, performance or achievements could materially differ from those expressed or implied in such forward- looking statements and accordingly, no assurance can be given that any of the events anticipated by forward- looking statements will transpire or occur, or if any of them do so, what benefit Ridgeline Energy Services Inc. will derive therefrom. 2
  • 3. Company Overview Ridgeline is an energy services technology company focused on providing water treatment solutions to the oil and gas industry • Has developed a commercially proven proprietary technology that efficiently treats contaminated water generated by oil and gas producers and commercial waste water • Primarily targeting produce and frack flowback water, additional targets are the chemical flood, and oil sands water treatment markets. • Solves client issues in sourcing water, storing water and dealing with waste water on site while cutting costs and dealing with environmental concerns • Positioning to be the leading oil and gas industry water treatment company in North America as the need for water and environmental concerns grow • Also has profitable Environmental and Greenfill divisions Issued and Outstanding 61,452,837 Warrants 15,498,211 $ 6,749,307 Options 5,132,504 $ 1,478,837 Fully Diluted 82,083,552 Water Technology Acquisition 34,581,743 Total 116,665,295 $ 8,228,144 Insider ownership (post water technology acquisition) - 55% Institutional ownership approximately 15-20% - Including Stephens Investment Management, a long fund, based on fundamental research 3
  • 4. Industry Demand • The North American oil and gas industry is seeing an increasing use of water-intensive production methods to extract reserves • Shale Oil & Natural Gas Fracturing  Fracking involves stimulating a well bore using high pressure water laced with highly corrosive salts, carcinogens and radioactive elements  If not managed or treated appropriately, the produced water can end up in surface or groundwater systems and contaminate land, drinking water and waterways  The cost of water to frac wells has put pressure on the industry to find a solution so that the water can be re-used for multiple frac stages  Water related costs to the producer include purchasing and hauling freshwater, hauling process water to disposal wells, and disposal fees • Oil Sands  Through SAGD extraction, water creates steam used to heat raw, thick bitumen for extraction and processing  For every barrel of bitumen, between two and four barrels of fresh water are required to extract the bitumen from the sand  Creates huge, long life (30-40 year) toxic tailings ponds estimated to contain over 1 trillion m3 of toxic liquids  Industry to meet new environmental standards and directives 4
  • 5. Frac Market Opportunity Fracking and Produced Water Market • The oil industry produces 2.5 times more water than oil • By 2025 it will be producing 5 times more water than oil • Handling produced water is a tremendous growth market but the real opportunity is in treatment • Recycling produced water turns a waste into a valuable asset • In 2007 the oil and gas industry in the United States used approximately 21 billion barrels of water to frack oil and gas wells of which 97% is related to onshore production (1) US Shale Gas Production • Produced water is the largest volume 4.5 waste stream in oil and gas 4.0 3.5 production 3.0 Eagle Ford Marcellus • USA produced water 2.5 Haynesville 21 Billion bbl /yr TCF Woodford 2.0 Fayetteville Approximately 57 million bbl /day or 1.5 Barnett 1.0 Antrim 333 million m3/year or 913,000 m3/day (1) 0.5 0.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 (1) Clark, C.E., and J.A. Veil, 2009, Produced Water Volumes and Management Practices in the United States, ANL/EVS/R-09/1 *Source: EIA, Richard Newell (Lipman Consulting) 5
  • 6. Chemical Flood and Oil Sands Market Opportunity Oil Sands Market Mature Fine Tailings Volumes • According to company submissions, volume of FFT/MFT* will grow 30% from 843 million m3 in 2010 to over 1.1 billion m3 in 2020. By 2065, the volume of tailings will still be over 1.1 billion • SAGD and Chemical Floods use millions of cubic meters of water per year that can be re-used and recycled * refers to volumes stored in ponds Source: AltaCorp Capital –Company Reports, CAPP, AltaCorp Estimates Source: ERCB 6
  • 7. Economic Opportunity Ridgeline owns and operates the treatment assets 2000M3/DAY CORE UNIT • Volume-based treatment fees provide recurring revenue Annual volume M3/year 700,000 streams. Revenue $ 3,180,799 • Fees to be determined by water quality, volumes, and the water product as determined by the client. $/m3 $ 4.54 Produce and Frack Flowback Water Costs $ (1,296,959) • Ridgeline feels it can capture a significant portion of the Earnings before tax $ 1,883,845 produce and frack flowback water market within three to Depreciation (5 years) $ (401,996) EBIT $ 1,481,848 four years Chemical Flood and Oil Sands – Mining and SAGD Alberta Tax Rate 26.5% $ (392,689) Earnings after tax $ 1,089,160 • Chemical flood to improve oil recovery has the potential for significant water treatment volumes. Depreciation (5 years) $ 401,996 • Significant opportunity to recover hydrocarbons in tailings to markedly offset treatment costs After tax Cash flow $ 1,491,156 Capital Cost $ (2,009,982) Payback (Years) 1.3 Internal Rate of return (5 years) 69% 7
  • 8. The Technology • Developed by Dennis Danzik the inventor of the proprietary electro-catalytic process effectively treats large quantities and multiple types of oil and gas exploration and production wastewater • “Cracks” water at a sub-molecular level allowing “targeting” of reagents and mechanical processes to reduce suspended and dissolved solids, chlorides, dissolved gases, and other harmful contaminates • Benefits include very low energy consumption, high continuous flow rates, and can extract usable hydrocarbons Reactor at start Reaction to completion Extracted hydrocarbon Barrels of test water (100% process value) (97% reusable) (3%) 8
  • 9. Competing Technologies Effectiveness Productivity Cost Efficiency Process Heavy Metals Chlorides TDS Energy Solids Fuel Treatment Capital Modular Continuous Removal Removal Removal Consumption Disposal Recovery Costs Costs Process Process Electro-Coagulation Evaporation/ Distillation Cavitation Reverse Osmosis Ridgeline Electro-Catalytic Weak Excellent 9 Vapex
  • 10. Energy Consumption kW Per Energy Gallons Barrels m3 Cost Per Cost Per Cost Per 3 Hour kW Per Day Cost (Daily) Produced Produced Produced Gallon Barrel m Electrocatalytic 120 2,880 $202 500,000 11,905 1,894 $0.000 $0.02 $0.11 Electrocoagulation 3,225 77,400 $5,418 500,000 11,905 1,894 $0.011 $0.46 $2.86 Evaporation 2,423 58,152 $4,071 500,000 11,905 1,894 $0.008 $0.34 $2.15 kW Consumption per Hour Cost of Energy Consumed $3,500 $3.50 3,225 Total Daily Energy Consumption (kW per Hour) $3,000 $3.00 $2.86 2,423 $2.50 $2,500 $2.15 $2.00 Cost of Energy $2,000 $1.50 $1,500 $1.00 $1,000 $0.46 $0.50 $0.34 $500 $0.11 $0.00 $0.02 $0.01 $0.01 120 $0.00 $0 Electrocatalytic Electrocoagulation Evaporation Electrocatalytic Electrocoagulation Evaporation Cost Per Gallon Cost Per Barrel Cost Per m3 10
  • 11. Leonard Shale, New Mexico Analytical Results Average Reduction 200000 Average Results (mg/L) 150000 100000 50000 0 TDS TSS Chloride Barium Parameters Average Baseline Average Endpoint Average Barium Reduction Average TSS Reduction 0.4 2000 Average Results (mg/L) Average Results (mg/L) 0.2 1000 0 0 Barium TSS Average Baseline Average Endpoint Average Baseline Average Endpoint 11
  • 12. Commercial Development Commercial installations in and under construction 1. Gas shale produce and frack water treatment, Horn River Shale, B.C. 1) Oil shale produce and frack water treatment, Leonard Shale, New Mexico and Texas 2) Polymer flood enhanced recovery crude oil process water treatment, Brintnell oil field, northern Alberta Development agreements 1) Chemical flood, produce and frack water treatment oil shale Waskada area of southwestern Manitoba 2) Commercial/industrial waste water treatment, Los Angeles CA. 12
  • 13. Mobile Development Lab • Waste water and material evaluation unit that is transportable to site • Scientifically characterizes a wide variety of water sources for treatment, reuse, and recycling, as well as enhanced hydrocarbon recovery; develops water treatments that meet customer needs • Water treatment capability and quality can be determined during real-time operations 13
  • 14. Milestones Announces Commissioning Built first Independent Successful Acquisition of first Development of Mobile Laboratory Trials of IP from Commercial Technology Development Verification Completed Danzik system in Horn Laboratory Hydrological River 2005- 2009 January 2010 June 2010 October 2010 April 2011 June 2011 Install first Signed Development Commercial Install first commercial agreement to agreement to Install for  Fracking commercial installation install MDL install system Production  Oil Sands installation in for polymer Los Angeles, in Waskada Water units  Industrial Texas flood CA Manitoba Texas recovery September 2011 September 2011 September 2011 October 2011 December 2011 14
  • 15. Targeted Customers Ridgeline has done work for over 40 oil and gas companies Conventional & Unconventional Oil & Gas Companies Oil Sands Companies 15
  • 16. Ridgeline Environment • Offers complete environmental solutions for oil and natural gas producers:  Site assessments (Phase I/II/III, EIA, water/wetland/biological, soils, etc.)  Implementation & project management of site remediation / reclamation programs  Services a range of upstream, mid-stream, & downstream producers • 90 employees – deployed with approximately 40 current clients • Provides $11+ million annual revenue run rate with 30% - 40% gross margins • Business continues expansion – year over year 16
  • 17. Ridgeline Greenfill • Solution for O&G customers to transform contaminated soil into safe landfill cover  Existing landfills are ideal disposal sites for non-hazardous oilfield waste treatment hydrology, soil type, gradient)  Bacteria and microorganisms break down hydrocarbons into CO2 and water  Bioremediation and mechanical treatment takes place within bio-cells  After treatment, these soils meet unconditional land usage criteria • Approximately 70,000+ O&G sites in Alberta in need of treatment • O&G producers benefit from lower transportation costs & reduction of liability  Conventional methods involve storing at approved Class 2 landfills with expensive trucking/disposal costs, and retention of liability by producer 17
  • 18. Management Team Tony Ker, CEO & Director – Over 25 years of experience building & operating companies in natural resources & manufacturing sectors in N.A. Leading and developing management teams that support growth and continuity in the organization. Back ground in Forest Products, Manufacturing, Printing, start up of Junior resource companies, experience at dealing in an international environment. Dennis M. Danzik, Business Development / Commercial Installations – Mr. Danzik is an engineer by profession and the Inventor of the water treatment and distributed energy technology. Dennis is a noted and published expert in polyolefin design and application. Has twenty eight years experience in Scientific Investigation, Financial and Technical Presentations. U.S. Defense contractor (retired). Mr. Danzik has twenty six years of patent experience, with U.S. and foreign patents issued. MIT Alumni [Sloan] and Member MIT Product Development Group. Tyler Heathcote, President, Director – Oversees all business units of RLE, including Ridgeline Environment Inc., Ridgeline Water Inc., and Ridgeline GreenFill Inc. Owned and operated companies in the energy services sector for over 20 years. James Yeager, Chief Financial Officer – Mr. Yeager brings over 30 year’s experience in senior management positions in finance and accounting with both public and private companies. Mr. Yeager has held the position of CFO in multiple publicly listed companies managing yearly revenues into the hundred's of millions. His experience with rapidly growing companies is well suited to manage the expected growth in all of Ridgelines business divisions. 18
  • 19. Board of Directors Douglas Johnson, Chairman – Over 30 years of experience in the financing of public & private companies. Since 1982, Mr. Johnson has been President and Chief Executive Officer of Canfund Ventures Corp. Brian Straub, Director – Recently retired as President, Shell Canada Limited and Canada Country Chair, Royal Dutch Shell. Over 32 years of diverse Canadian and global oil & gas experience, his previous executive responsibilities have included oil sands, exploration & production, major construction and technology development/application. Kelly Sledz, Director – Chartered accountant with a background in the oil & gas industry. Past positions include acting as an auditor for KPMG and Deloite Touche before acting as Controller, and VP of Finance for public oil and gas exploration companies. Mr. Sledz brings a unique blend of public company experience, oil & gas industry knowledge, and financial acumen to the company. Robert Raymond, Director – Over 25 years of business and management experience. Extensive experience building business units, intricate knowledge of the insurance business and negotiations. Tony Ker, Director – See Management Tyler Heathcote, Director – See Management 19
  • 20. Investment Highlights  Established energy services business with tier 1 customer base serving oil and gas industry—provides stable revenue and cash flow to fund growth initiatives  Large and growing market in Oil and Gas and Industrial waste water treatments  Disruptive technology to cost effectively treat large volumes of wastewater (including frac and process water) from the oil and gas industry  Water management system that solves waste water problems in an expanding and vital marketplace  Renewable Energy technology not yet in forecasts  Profitable with solid balance sheet and clean capital structure 20
  • 21. Thank You. Ridgeline Energy Services Inc. Company Contact: Investor Relations: Ridgeline Energy Services, Inc. Crescendo Communications, LLC Ryan Johnson David Waldman, Klea Theoharis Corporate Development Tel: (604) 566-8066 ext 2 Tel: (212) 671-1020 Email: rjohnson@ridgelinecanada.com Email: rle@crescendo-ir.com