ADVANCED EXTRACTION TECHNOLOGY
PS2 – A Solutions Company
Phase Separation Solutions
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Phase Separation Solutions is a wholly owned
subsidiary of West Mountain Capital
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West Mountain Capital (WMT:TSX) is a publicly traded
Canadian company formed to facilitate the commercial
application and deployment of innovative
environmental technologies
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As a member of the TSX it is ideally placed for
investments into the Canadian Heavy Oil Sector and
international Junior Mining Industry
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PS2 is an internationally experienced specialist in the
thermal remediation of contaminated sites and the
extraction of recoverable hydrocarbons from
petrochemical and industrial waste
Thermal Phase Separation Technology (TPS)
Chemo-mechanical Oil Sludge Separation and
Recovery Technology
Strictly Private & Confidential
For Discussion Purposes Only
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Accomplished Management Team
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Paul Antle
President & CEO
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Paul Coombs
CFO
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Glenn Antle
COO
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Steve Clarke
VP Business
Development
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Tim Mahoney
M and A
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Strictly Private & Confidential
For Discussion Purposes Only
Award winning entrepreneur with a proven track record of success
24 years in the environmental industry
BSc (Chemistry), MEng (Chemical Engineering)
OPM, Harvard Business School (co-Valedictorian)
Created many environmental companies that were grown and eventually sold
Founder, President & CEO of SCC Environmental that launched TPS Technology in 1994
Expanded SCC internationally to four continents
Management experience in public and private companies
Strong public and private company experience in environmental and international mining sectors
Substantial transaction and M&A experience
Experience with IFRS
BComm, CMA, CGA, MBA
Over 10 years experience with TPS technology, international remediation and oily sludge/oil-field waste management
BSc (Civil Engineering), registered Professional Engineer in the Province of Alberta
For the last 10 years has been working with one of the world’s largest drilling fluids and oil-field service companies
Vast experience with emerging technologies and the commercialization of clean technologies
International business and operational experience having worked on five continents
Extensive international environmental and oilfield business experience on 5 continents
Worked with TPS technology since international commercialization in1995
TPS patent holder for process allowing conversion of waste plastic, pharmaceuticals and paint to usable oil
BA, CEA and CCEP
Over 20 years in the electronics, internet and venture capital sectors
MBA and former Congressional Representative (D-FL)
Extensive international business experience with a specialty in M&A
Acting as representative for the Canadian Oil Industry in the US
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Extensive International Experience
Hazardous Soil
Remediation
Hydrocarbon
Recovery
Strictly Private & Confidential
For Discussion Purposes Only
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Strategic Integration
Environmental Contracting,
Remediation and Reclamation
Impacted Water Treatment
Site Assessment and Evaluation
PS2
Oilfield Waste Management
Environmental Laboratory
Analysis
Brownfield Financing
PS2 believes that success on every project lies in the integration of partners and solutions
Strictly Private & Confidential
For Discussion Purposes Only
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Complementary Solutions
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PS2 can provide turn key solutions through its
network of Chinese and international partners
l  Site Assessment and Evaluation
l  Laboratory Analysis in partnership with the Nanjing
Institute of Environmental Sciences (NIES)
l  Project Management
l  Excavation
l  Vapour Sparging
l  Ground Water Treatment
l  Site Closure
l  Financing
l  Real Estate Development
Strictly Private & Confidential
For Discussion Purposes Only
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Indirect Thermal Desorption – TPS
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TPS
Multiple Indirect Thermal Treatment Options
Mobile
l  Mobile, component based systems
l  Basic configuration from 2 – 20 tonnes/hour
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Commercially Proven Technology
l  Deployed commercially since 1995 for PCB impacted soil
l  Deployed by major oil producers worldwide since 1999
l  Proven safe and effective up to 70% hydrocarbon
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Environmentally Benign/Low GHG
l  <1% hydrocarbon remaining in extracted solids
l  Synthetic Gas production during extraction off-sets fuel
High Capacity
l  >70% liquid hydrocarbon recovery
Modular
Strictly Private & Confidential
For Discussion Purposes Only
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Indirect Thermal Desorption - TPS
Development History
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Developed and patented in Canada in the early 1990’s by the PS2
Management Team
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First commercialized and deployed in Canada by the PS2 Management
Team in 1994
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First technology of its kind certified by Canadian Environmental
Technology Verification (ETV) Program in 1997
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First internationally deployed in 1998 for remediation of host site for
2000 Olympic Games
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TPS technology has been deployed in more than 12 countries including
Japan, US, China, Australia, UAE, Algeria, Kazakhstan, Boliva, Ecuador and
Argentina by the PS2 Management Team
Strictly Private & Confidential
For Discussion Purposes Only
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Indirect Thermal Desorption – A Basic Process Flow
HYDROCARBON
SOLIDS
DEHYDRATION
QUENCH
NON-CONDENSABLE
GAS
Fuel
Re-wet
CLEAN NONCONDESABLE GAS
Strictly Private & Confidential
For Discussion Purposes Only
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Modular, Portable, Compact And Expandable
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Basic TPS system consists of 4 modular units
l  Control Unit
l  Extraction Unit
l  Condensate Separation/NCG Handling Unit
l  Water Treatment Unit
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Units are engineered for standard transport modalities
l  13m x 2.5m x 2.5m modular construction
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Compact Footprint v Capacity
l  20m x 20m basic system
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Basic system expandable to 18 tonnes per hour
l  Systems can efficiently be operated in parallel customizing capacity to any requirement
l  150 tonnes per hour systems designed
TPS3 (3EC Model) x 3
Proposed for Arabian
Gulf Deployment
Strictly Private & Confidential
For Discussion Purposes Only
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TPS2 – Jiangsu, China
Emission Sources Controlled
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Unlike Directly Heated systems:
l  All emissions are controlled
l  Oil and water can be recovered
l  Only emissions are from natural gas consumption
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Recovered Oil
l  <3% BS&W
l  Chemically similar to Fuel Oil
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Recovered process water is collected, treated and recycled
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Onsite recovery saves >120kg of CO2 v offsite incineration
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Recovery of ~25,000 bbls of oil
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Reclamation of ~43,000 mT of steel
Strictly Private & Confidential
For Discussion Purposes Only
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International Mobile Deployment
Fujairah, United Arab Emirates
§  TPS1 system deployed to Fujariah Free Zone by
members of PS2 Management Team
§  Treatment of tank bottom sediment collected from
berthed oil tanker traffic.
§  Mixture of water and various long chain
hydrocarbons (asphaltenes and paraffins),
consisted almost exclusively of fine particulate
§  The was successful in completing that project and
several others at the same Facility.
Kazakhstan
§  TPS2 + TPS1 deployed for treatment of contaminated drill muds
and cuttings and processing sludge at an oil Facility in Central
Asia.
§  Deployed by members of PS2 Management Team.
§  In addition they were required to treating TPH contaminated
soils and sludges remaining from past failed landfarming and
bioremediation efforts.
§  The deployment lasted over 5 years.
Strictly Private & Confidential
For Discussion Purposes Only
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International Mobile Deployment
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Shanxxi, China
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A JV Partnership between PS2 and Huafu Environmental
Engineering Company of Dalian
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Development of integrated oil sludge treatment and recovery facility
for Chanqing Oil Company
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This Facility will be the foundation of a network of similar facilities
across Northwest China beginning deployment in 2013
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This Facility will convert oil production waste into salable diesel
quality oil with recovery rates above 70%
Block 10, Ecuador
§  TPS1 deployed for the treatment and recovery of SBM
contaminated drill muds and cuttings and base oil
§  Drill site located at Block 10 near Villano, Ecuador was a
helicopter site. All equipment, supply and personnel are
airlifted in and out.
§  The TPS equipment was transported in 18,000lb lifts
§  > 50,000mT treated over the two phases of the project to
<0.023%TOC
§  Base oil cost recovery of >$1.5million
Strictly Private & Confidential
For Discussion Purposes Only
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International Mobile Deployment
Hangzhou, China
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PS2 is in the process of treating
up to 100,000 tonnes of
pesticide impacted soil in
Hangzhou
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Partnership with Nanjing
Institute of Environmental
Sciences (NIES)
l  A division of national
Ministry of Environmental
Protection
Zhoushan, China
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JV between PS2 and Zhoushan Nahai Waste Disposal Company
l  Zhejiang Nahai Phase Environmental Technology Co. Ltd.
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Zhoushan Nahai is a division of one of the largest private oil importers in China
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The Facility is designed to treat up to 100,000 tonnes of oily waste per year
l  VLCCs, storage terminals and refineries
l  Utilizes proprietary thermo-mechanical and chemical systems
Strictly Private & Confidential
For Discussion Purposes Only
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ADVANCED EXTRACTION TECHNOLOGY