FORWARD LOOKING STATEMENTS: This document contains forward-looking information and statements about RAVEN, including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “will,” "expects", "anticipates", "believes", "intends", "estimates" and similar expressions.  Although RAVEN believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of RAVEN shares are cautioned that forward looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of RAVEN, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to: local, regional, national and international economic, competitive, political, legislative and regulatory conditions and developments; actions and the timing of actions, including completion of commercial agreements and financing arrangements, and issuance of tax incentives, permits to construct and licenses for operation.  Forward-looking statements are not guarantees of future performance. They have not been reviewed by the auditors of RAVEN. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All subsequent oral or written forward-looking statements attributable to RAVEN or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. All forward-looking statements are based on information available to RAVEN, on the date hereof. Except as required by applicable law, RAVEN does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

South Texas Energy Complex
A CLEAN APPROACH TO REFINING

Raven Petroleum is proposing to build an environmentally safe refinery by utilizing state-of-the-art technologies combining cogeneration, natural gas and base-load renewable power to process Texas crude benefiting the Texas economy.  

The Raven Story

The timing, technology and vision are right for Raven Petroleum to develop the first U.S.-based refinery in over 40 years. Raven Petroleum is choosing to build in Texas, to refine light, sweet Texas crude.  The newly deregulated Mexican energy market and the surplus of Texas crude oil unlocked by the shale revolution are what make this the perfect opportunity. There’s a reason no new refineries have been built in the US in four decades: cost. 

 

Raven Petroleum is able to overcome the high cost and barriers to entry by avoiding direct competition with domestic major oil companies and by focusing on the niche market of exporting refined product into the newly opened energy market in Mexico. 

 

Raven could more easily build the refinery in Mexico, and for less money, but they are determined to see Texas benefit from the immediate and long-term jobs the refinery will bring to South Texas. Early projections are that the project will create 1,000 to 1,500 jobs during the construction phase, bringing much-needed financial growth to the area, and provide hundreds of permanent jobs. And he’s determined to prove he can do it with the safest and most environmentally friendly facility in existence today.

South Texas Energy Complex Map (Duval County, TX) 
LOCATION
  • Duval County, just outside of Laredo, Texas

  • Direct rail access to Mexico via Kansas City Southern Railroad. 

  • Two pipelines bisect the property. 

  • Adjacent highway transportation access. 

  • Access to ample feedstock from multiple Eagle Ford suppliers. 

  • Ideal position for distribution to newly opened Mexican markets. 

  • No other refineries located in the Laredo area 

SIZE / CAPACITY
  • 30,000 barrel-per-day (bpd) crude fractionation unit 

  • Storage tank capacity of up to 1,000,000 barrels. 

  • Capacity of 1 inbound and 1 outbound Unit trains per day. 

  • Rail terminal infrastructure with approx 7 miles of internal track. 

  • 5,000+ ft direct rail frontage on the KCSR mainline. 

  • Additional acres for co-development 

CLEAN POWER AND REFINING PROCESSES
  • Use of resilient technology 

  • Use of clean energy: including cogeneration, low temperature geothermal, and natural gas
  • Use of carbon capture technology

  • Use of "EV" Electric Vehicles to support the facility and staff

  • Use of sustainable water solutions within the refining process

PLANNED PRODUCT SLATE

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  • Diesel fuel

  • Stabilized Naphtha 

  • LPG gas products

The Environment

Raven understands that when the public hears the word “refinery,” many see a dirty picture. The Raven Petroleum facility will combine renewable power and technology that reduces carbon waste to create an environmentally safe site. This state-of-the-art facility will use geothermal and carbon capture technology to keep the air clean and capture NO2 (nitrogen dioxide) and CO2 (carbon dioxide). 

 

 

Water Quality & Quantity

 

The Raven facility will deal with the brackish water, and a water processing unit with proprietary technology to repurpose its used refining water back into the system. But don’t refineries require a lot of water? And doesn’t South Texas, like much of the state, have water concerns? Yes, however Raven's water supply will not interfere with shallow livestock or municipal wells. In addition, Raven will recover, recycle and repurpose a large amount of the water used at the facility. 

Health & Safety

 

Even with the carbon capture and reduced emissions that come from efficiently refining a much lighter crude, Raven is sensitive to public perceptions and concerns about health – particularly when it comes to area schools. That is one of the reasons why Raven purchased over 800 acres for a facility that requires less than half of the acreage. Raven has carefully calculated both the distance of the facility site, and the placement of the refinery within that 832 acres, to ensure no potentially harmful impact nearby schools and residents. Raven has also addressed concerns that any incident at the plant would tax the region’s protection and medical resources, such as first responders and emergency care, with plans to build an on-site triage center, complete with an AIRVAC to airlift its personnel in a worst-case scenario. 

 

But in that health and safety planning process, Raven discovered that the community was woefully underserved when it came to its own medical facility. The company is helping to expand the local clinic to support employees, families and residents in the community.

In the case of an industrial accident, Raven has fire suppression systems with redundant backups - all of which would have to fail before there was a need to call upon local resources. There again, in planning for all contingencies, Raven discovered a need the community had that far exceeded the needs of the facility. Raven has plans to help rebuild the fire station and send its personnel to College Station for firefighter training school.

Wildlife

 

Raven understands that wildlife concerns in South Texas take on a different urgency than in some other parts of the state; as a popular hunting area, healthy and plentiful wildlife brings much-needed income to counties where the unemployment rate frequently hovers above 10 percent. Raven purchased over 800-acres to provide an expansive buffer zone to minimize impact on the wildlife, the environment, and surrounding landowners. 

 

Workforce Solutions Project Study Phase 1

Workforce Solutions Project Study Phase 2