Arroyo Cabral, Cordoba Province Argentina Solar Power Project.

Arroyo Cabral, Cordoba Province Argentina Solar Power Project

The Company along with its international partners have entered a [letter of intent] with EPEC, the local utility in Cordoba Province to build potentially the Arroyo Cabral 48 MWe solar park for local power demand following the Company’s development of a confidential information memorandum and pre-feasibility study for the project. The financing of the project is to be provided by the Company’s international partners and other third parties.

Hydrogen Global - Pecos County, Texas-Blue Hydrogen Project

Pecos County, Texas – Blue Hydrogen Project

The Company is in discussions with a super major oil company (the “Super Major”) to jointly develop a Blue Hydrogen project at the Company’s Pecos County, Texas site. The Project plans to utilize a portion of the Super Major’s 2 billion cubic feet per day natural gas production and transportation from the area to produce hydrogen utilizing a steam methane reformer technology along with carbon capture.

Tierra del Fuego Province Argentina Gas Turbine Power Project.

Tierra del Fuego Province Argentina – Green Hydrogen Project

The Province of Tierra del Fuego and the Company announced the potential joint development of a green hydrogen project in the Río Grande, Tierra del Fuego area powered by wind energy. The Company has signed an MOU with Siemens Energy to adapt the Green H2 electrolyzer FEED Study completed for Pecos County to this Project. In addition, the Company has a MOU with Siemens Gamesa as the technology provider for the wind energy.

MMEX Ultra Fuels Project

Pecos County, Texas Ultra Clean Fuels Refining

We have teamed with Polaris Engineering to develop a clean refining, 10,000 barrel per day facility at our Pecos County site to produce 87° gasoline, ultra-low sulfur diesel, and low-sulfur fuel oil, utilizing the Ultra Fuels concept. The Ultra Fuels concept features small size facilities to take advantage of proximity to smaller markets and/or locate directly near crude oil production areas.

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