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Permian Basin

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Permian Basin

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  1. This information should not be taken as an offer or solicitation to sell securities. The information is from sources that are believed to be reliable and in good faith, and does not represent a guarantee. This presentation is the property of Latent Resources LLC and is not to be shared without permission.

  2. Latent Resources LLC is a start-up company in the energy industry that is looking for financing. Its management has 9 years of experience in the oilfield. Crude oil production generates oily waste in the form of a sludge. Oil companies pay a fee to dispose of this waste. Currently this waste is buried in landfills which potentially could pollute the environment - and represents a liability to the oil companies. The picture shows the before and after the oily waste is processed through a thermal remediation system.

  3. In addition to collecting a disposal fee from the oil companies, the company will also charge a fee to the trucking companies for washing out their trailers after hauling the oily waste. The third source of revenue will come from the sale of crude oil recovered from the oily waste. Washout Fee Disposal Oil Fee Sales

  4. Market AreaLatent Resources’ plan is to open up its first facility in an area of West Texas known as the Permian Basin. A market area for each facility will encompass an area 75 miles in diameter. Because of improved oil recovery technologies of existing wells, and the addition of new oil wells, analysts are projecting a continued rise in oil production. With increased oil production comes an increase in oily waste. PermianBasin Competition There are other oily waste disposal companies in the Permian Basin. But in some areas there is only one or no disposals within a 75 mile diameter. It’s in these areas that Latent Resources will target first. Advantage Latent Resources has a unique remediation system that burns the hydrocarbons out of the oily sludge, thus reducing the volume and the hazards of the waste. Currently the volume of waste is increased as it is buried in landfills. When a “greener” method is available that offers environmental protection - for no more cost than landfilling, that will be the responsible choice – that choice will be Latent Resources LLC.

  5. Offering Latent Resources LLC is looking to raise a total of $3.4 million. The investor/s will own 68% of the facility. $50k will purchase a 1% interest. The investor/s will receive all the profits until the investment is paid back. Five Year Financial Projections 1* 2 3 4 5 Pre Tax Revenue $1,160,000 $2,292,000 $2,784,000 $3,030,000 $3,522,000 *First year includes 4 month construction period. www.latentresources.biz

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