The Complete Recycling Solution in Europe. M.A.R.S. Modern American Recycling Services Europe

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1 The Complete Recycling Solution in Europe M.A.R.S.

2 Vision & Mission Vision Set new European standards for green onshore decommissioning, scrapping, recycling and waste management in a purpose constructed and most modern recycling facility in Europe. Mission Through client understanding, adherence to international conventions and based on decades of experience, provide 1st class service all through the process cycle including mapping and documentation of all relevant data.

3 Introduction and Market Growth Established in 1971 to perform barge, boat, and ship demolition and recycling in the U.S. market 2010: Expanded to accommodate demolition and recycling of offshore oil & gas platforms, drilling rigs, and infrastructure in the U.S. Gulf of Mexico 2015: Purchased 1,000 s.t. Derrick Barge Pacific and expanded market capacity to include offshore platform removal operations 2017: Purchased 880 s.t. Derrick Barge Performance to continue with market expansion of offshore platform removal operations 2017: Executed 10 year lease agreement with Port of Frederikshavn to operate state of the art, purpose built ship and offshore platform recycling facility for the North Sea market To Date: Performed 800+ material barge off-loads, set-ups, cleanoffs, off-charters Recycled over 1,400,000 tons of offshore oil & gas infrastructure Processed 10,000+ barges and 100+ ships of various sizes

4 Operator and Contractor Clientele Chevron Shell XTO Energy Hilcorp Dynamic Offshore Resources Nexen W&T Offshore Field Wood Energy Apache Taylor Energy Freeport McMoran Maritech LLOG Energy XXI Transocean J. Ray McDermot Global Industries Tetra Bisso Marine Ensco And many others

5 Reporting Safety Collection Recycling Process Safety Strong HSEQ program and safe working environment at all stages, with an exemplary safety record. Recycling Transport Collection Offshore decommissioning and removal of oil & gas platforms and drilling rigs. Processing Transportation Transportation to recycling facility by sea or land.

6 Recycling Process Reporting Safety Collection Processing Onshore cleaning, dismantling, and shorting of structures into homogenous types. All hazardous materials are disposed of in the correct environmental manner. Recycling Transport Recycling Sale of homogenous metals and materials to steel mills for re-use. Processing Reporting Report of processed materials issued to Client.

7 Focus Areas Areas requiring special expertise & competence Asbestos Fire retardant material Fibrous structures Freon-based cooling systems Lead based paint Hazardous chemicals/fluids Electronics N.O.R.M. - Naturally Occurring Radioactive Material Trapped or pooled hydrocarbons in process equipment Requirements for warranty of destruction Warranty of scrapping on entire units or sub-components for either direct or indirect use.

8 Services Green recycling environmental awareness Documentation process flow chart description - proof Comply with national, EU, and international regulations Compliance with highest standards regarding HSEQ guidelines 24 hour, year-round, flexible service High quality at the right price and time Report issued at the completion of each project ISO 9001, ISO & ISO Certifications: in progress EU Approved Ship Recycling Facility: in progress

9 M.A.R.S. Europe Milestone schedules Environmental permit for facility February 2018 EU list of approved ship recycling facility May 2018 Facility at full working capacity Q4 2018

10 Port of Frederikshavn Northern Denmark - near North Sea Access to North Sea oil sectors Optimal sailing conditions year-round adjacent to T-route Established infrastructure and efficient logistics direct to E45 Sea, road, rail and air access. Airport 45 minutes Access to larger metropolitan areas Water depth to 14 meters in the port basins 600 meter new quay Sheltered water Minimal tidal variations Ice-free

11 Recycling Facility M.A.R.S. Europe Safely and efficiently process large scale recycling projects Capacity to recycle in excess of 200,000 tons of metal annually Ships, semi-submersibles, jack-ups, offshore production facilities and associated jackets

12 Recycling Facility 280,000m 2 processing area 650m of M.A.R.S. dedicated quay front Water depth up to 14 meters along new bulkheads (prepared for 16 meter draft for future dredging works) 2,000mT onshore mobile crane capacity 800 mt Floating crane capacity Skidding/SPMT area with a 70t/m 2 ground bearing capacity to accommodate ultra large offshore package offloads 90 meter wide ship breaking ramp for floating vessel recycling Subterannean water run-off containment and filtration system On-site hazardous waste handling and remediation incl. handling of N.O.R.M. Client office facilities Fabrication facilities to support Offshore Contractor installation/removal aids

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15 Contact Direct Contact: As trusted partner: Kristi Caton Abel J. Garcia Senior Vice President ContrEx Energy Services, LLC Office: CityWest Blvd, Suite 300 Fax: Houston, TX Cell: Cell: Mail: Mail: Physical Location: Mailing Address: 499 Powhatten Court, P.O. Box 1160 Gibson, LA Amelia, LA 70340