(Privately Held)

Auterra has developed a broad, unique and scalable platform technology for the production of new molecules and materials, and has over 15 patent filings on both the process and many of the molecules that can be created with the process. Auterra is initially focused on a market with strong long-term growth trends and opportunities; catalyst and process technology for the decontamination and upgrading of crude oil and oil distillates; addressing a $15 billion/year market with no competition that is being driven by both environmental regulations and the need for refiners to be able to handle increasingly “dirty” feedstocks. Auterra’s proprietary FlexDS process enables producers and refiners to improve the quality of their oil and oil products by removing pollutants and increasing API gravity. With both upstream and downstream applications, FlexDS is a low-cost, low-energy process that minimizes Carbon Dioxide emissions while maximizing oil value.