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Oil and Gas Pipeline Construction and Pipe Repair Systems

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  1. “Greater the Pressure.…Greater the Sealsm” Oil and Gas Pipeline Construction and Pipe Repair Systems CONFIDENTIALITY STATEMENT This document contains proprietary and confidential information and is not to be distributed to any unauthorized party or parties without written consent from Pressure Seal Ltd.

  2. Company and Qualifications “Greater the Pressure…Greater the Sealsm “ • Company • Experienced Management Team • Petroleum, Chemical and Construction Industries • Pipeline and Refinery Construction Experience • Pipeline Security Management Experience • Pipeline / Construction Market Experience • Europe • Middle East • Asia • North America

  3. Oil and Gas Pipeline Construction 2009 – 2010 “Greater the Pressure…Greater the Sealsm “

  4. Old Welded Process New Pressure Seal System Welding vs. Pressure Seal System “Greater the Pressure…Greater the Sealsm “ Slower and More Expensive Faster and More Cost-Effective U.S. and International Patents Pending

  5. Benefits No Welding or NDT Required Faster with Lower Labour Costs “Greater Pressure – Greater the Seal” All High Pressure Gas and Crude Pipes Lifecycle Stress and Fatigue Analysis Meets All Industry Standards Quality and Consistency Meets Insurance Requirements Substantially Improved Join Longevity Environmentally Safe – No leakage “Green” Environmental Contribution Features Push-fit Coupling Easy Bolt-in Installation Unique Differential Pressure Seal Tested to 600 BAR / 8,702 PSI Finite Elements Analysis (FEA) Meets BSI, ANSI, ASME, DNV ISO 9001-2000 Manufacturers Certified Test Results 25 Year Seal Life-Expectancy No Welding – No Join Corrosion No Welding – No Atmospheric Gases Key Features and Benefits “Greater the Pressure…Greater the Sealsm “ U.S. and International Patents Pending

  6. Pipeline Welding and NDT 125 Pipe Welds per Mile 8 to 10 Hours per Pipe Join Weld 1 Join per Day per 3 Man Team 125 Days to Complete 1 Mile NDT Required Pipeline Trench Exposed for Days NO Pipeline Welding and NO NDT No Welds – Lower Labour Cost 1 Hour per Pipe Join 10 Joins per Day per 3 Man Team 12 1/2 Days to Complete 1 Mile per Team NO NDT (Non-Destructive Testing) Immediately Test and Backfill Trench Faster Construction “Greater the Pressure…Greater the Sealsm “

  7. Lower Construction Costs “Greater the Pressure…Greater the Sealsm “ • Eliminates Requirement for Costly Pipe Welding, Labour & Equipment • NO Welding Gases, Rods and Equipment • NO Power Generators • NO Pollution and Safety Risks • Eliminates Requirement for High Skilled and Expensive • NO Pipe Fitters • NO Certified Welders • NO NDT (Non-Destructive Testing) • Lower Security Risk • NO Pipeline Exposure -Immediate Backfill of Pipe Trench • Increases Installation Speed and Ease of Install • Uses More Local Labour

  8. Environmentally Beneficial “Greater the Pressure…Greater the Sealsm “ • Eliminates Welding Process • No Discharge of Greenhouse Gases • No Discharge of Toxic Gases • No Health and Safety Hazards • Pipe Joins with 25 Year Life • Reduced Corrosion • Reduced Risk of Pipe Joint Failure • Reduced Ground Contamination Due to Leakage

  9. Pressure Seal Pipeline Repair System “Greater the Pressure…Greater the Sealsm “ • In-Service Pipeline Repair System • Permanent Interlocking High Pressure Repair Clamp • Permanent Repair of Existing Leaking Pipelines • Preventative Maintenance Application • Unique Multi-combed, Frictional Lip Seal • No Need to Shut Down Pipeline • No Cutting or Welding • 25 Year Seal Life U.S. and International Patents Pending

  10. Applications “Greater the Pressure…Greater the Sealsm “ • Oil Pipelines – PSR: Red Crude Oil Seal and Coupling • All major pipe sizes 6” to 60” and pressures • Special anti-corrosive 25 year seal all crude • Gas Pipelines – PSY: Yellow Gas Seal and Coupling • All major pipe sizes 6” to 60” and high pressure lines • Specially formulated 25 year seal gas pipelines • Water Pipelines – PSB: Blue Water Seal and Coupling • All major pipe sizes 6” to 60” • 25 year seal for all water pipelines • In-service Pipeline Repair System • Oil, Gas, Water, Steam Pipelines • No Shut Down Required • Preventative Maintenance

  11. Testing Certification • United Kingdom Certified Testing • Testing Facilities Accreditation • UK Accreditation Certificates • Metals, Alloys, and Metal Products • Finite Element Analysis • Excessive Stress and Fatigue Analysis • Determined long term stress loads • Pressure Tested • 600 BAR / 8,702 PSI • 1,000 BAR / 14,504 PSI • UK Pressure Test Certificates • 100 BAR Pressure Test • 200 BAR Pressure Test • 300 BAR Pressure Test

  12. Industry Standards “Greater the Pressure…Greater the Sealsm “ • Pressure Seal Couplings and Repair Kits Meets or Exceeds: • ASME B31.8-1999 • Chapter VIII • ASME 31:3 • “Piping design, Manufactured, Installed” • ASME B31.4 • “Liquid Petroleum Transportation Piping Systems” • ASME B31.8 • “Gas Transmission and Distribution Systems” API 5L (44th Edition) • ISO 3183... 8. 2. 3. 12. 2 • Petroleum & natural gas industries • Steel pipe for pipelines - Technical delivery conditions • Part 3: Pipes of requirement Class C (page 20) • BS ISO 15649:2001 B7 and B8(page 22) • BS EN ISO 23129 • “Petroleum and natural gas industries-pipeline transportation systems.” • Test procedures for mechanical connectors. Clause 8 (page 23)

  13. Features Summary “Greater the Pressure…Greater the Sealsm “ • Pressure Seal Pipe Connection and Pipe Repair Systems • No Welds and Potential Leaks • No Skilled Labour Force Required • No Specialist Equipment Required • No Toxic Greenhouse Gases • No Pipeline Shutdown • Reduces Labour Costs • Reduces Equipment Costs • Reduces Security and Piracy Risks • Improves Pipe Join Life Expectancy to 25+ Years • Improved Environmental Safety • In-service Weld Repair System for Leaking or Potentially Leaking Pipe • All Pipeline Applications and Sizes from 6” to 60” Diameters

  14. Management Team “Greater the Pressure…Greater the Sealsm “ • Michael Skellern • MBA – Chief Executive Officer • Keith Wyness • BA Honours Industrial Economics – Managing Director • Richard Ollerhead • I.Eng.M.C.I.P.H.E., M.P – Director, Engineering & Construction • Lee Cassidy • First class Master of Engineering (MEng) with Honours – Director R & D • Barry Ollerhead • B.Eng. Mech. Eng, Chartered Member IMECHE – Project Manager • Stuart Davies • Technical Services Manager

  15. Strategic Partners “Greater the Pressure…Greater the Sealsm “ • Rosneftegazstroy RAO - RNGS International – Dr. Ivan Mazour, Chairman Pressure Seal Pipeline Construction Partner in Russia and CIS • 200,000 km of trunk pipelines • 350,000 km of field gathering pipelines • 22,000-25,000 km annual pipeline construction • 1500 compressor and pump stations • 45 Billion m3 Gas processing plants • 16 Million m3 in Refineries and Tank Farms • 500 billion m3 Gas Processing Units

  16. Executive Management Contacts “Greater the Pressure…Greater the Sealsm “ WWW.PressureSealPipes.com Michael Skellern, CEO Tel: +1 949 280 1393 Tel: +44 [0] 753 183 696 M.Skellern@PressureSealPipes.com Keith Wyness, President Tel: +44 [0] 776 426 1316 K.Wyness@PressureSealPipes.com Richard Ollerhead, EVP Tel: +44 [0] 778 964 4663 R.Ollerhead@PressureSealPipes.com Pressure Seal Ltd 100 Bayview Circle, Suite 200 Newport Beach, CA 92660 United States of America Phone: + 1 949 335 5513 Pressure Seal Ltd Oaktree Court, Mill lane Ness, Cheshire CH64 8TP United Kingdom Phone: +44 [0] 207 993 2718