Think Energy

ThinkEnergy is the Answer

ThinkEnergy is powering the future with clean fuel innovation for today as we work towards the decarbonization of our planet through 2050 while fueling the transition to the electrified world of the future.

Our vision

ThinkEnergy is creating a first of its kind venture to transform crude oil into D3 diesel & fuel oil through an innovative process with a particular focus to serve emerging markets with midstream infrastructure constraints. Our technology is modular, scalable, carbon neutral, low cost, ESG compliant and aligned with SDGs

ThinkEnergy is powering the future with clean fuel innovation for today as we work towards the decarbonization of our planet through 2050 while fueling the transition to the electrified world of the future.

Building a Leading Clean Energy Company

PRODUCTION

LAR will produce 1,000 bopd of ~36° API sour crude by year- end 2023. 100+ mmbo of additional exploration potential in 1-2005 license area. Additional feedstock - sour crude with low acquisition cost is available throughout the region.

CARBON NEUTRAL PROCESSING

ThinkEnergy will process 60,000 barrels per month (5,000 bopd) by year-end 2023. Transformation of sour crude oil into D3 diesel and fuel oil Modular, scalable plants Compact footprint ~ 2 acres NO distillery used NO burning to evaporate crude NO emissions

DISTRIBUTION

Will be the only discounted diesel fuel in Latin America. Cost to process diesel is less that 10% of traditional refining. Distribution locally by trucks powered by our own diesel.

Profile and Strategy

About

Guatemala based E&P company with processing capacity of 1,000 bopd into D3 diesel and fuel oil in the South Peten Basin.

Strategy

Efficiently produce the 20+ mmbo Atzam Oil field while building sour crude processing capabilities in Guatemala, Honduras and El Salvador. Maximize the value of each barrel of crude oil produced / acquired using proprietary modular processing process to convert sour crude to D3 diesel and fuel oil. Deploy ThinkEnergy patent pending technology throughout Latin America and Caribbean where sour crude and pipeline/transportation constraints create a significant discount to market prices (i.e. Brent and WTI) Leverage ThinkEnergy technology to grow distribution network throughout Central American and beyond.

Production and Processing

Current ThinkEnergy Capacity D3 Diesel and Fuel Oil processing: 1,000 bopd (as of Dec. 1, 2022) Processing / Distribution Targets: 2023: 3,000 bopd in Guatemala 2,000 bopd in Honduras 2024: 4,000 bopd in Guatemala 2,000 bopd in Honduras 2025: 4,000 bopd in Guatemala 2,000 bopd in Honduras 1,000 bopd in El Salvador

Management Team

Proven executive management supported by experienced technical leadership including G&G, production engineering, facility engineering, and marketing & sales, combined with worldwide corporate oil & gas experience.