Transcript National Eagles and Angels Association • January 11, 2011

Business for a Better Tomorrow
“A better environment is a better future.”
An Environmental Services
Provider to the Oil & Gas Industry
National Eagles and Angels Association • January 11, 2011
Statements contained herein and the information incorporated by reference herein may be forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). Forward-looking statements can be identified by
the use of forward-looking terminology such as, but not limited to, "may," "will," "expect," "anticipate," "estimate," "would be," "believe,"
or "continue" or the negative or other variations of comparable terminology. We intend such forward-looking statements to be covered by
the safe harbor provisions applicable to forward-looking statements contained in Section 21E of the Exchange Act. Such statements (none of
which are intended as a guarantee of performance) are subject to certain assumptions, risks and uncertainties, which could cause our actual
future results, achievements or transactions to differ materially from those projected or anticipated. Such risks and uncertainties are set
forth herein.
Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, or performance and
underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and service demands and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, and government regulation and approvals. TexCom cautions that assumptions,
expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be
material. Some of the key factors which could cause actual results to vary from those TexCom expects include changes in oil prices, soybean
prices, soybean oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating and forecasting
production results, political conditions in Paraguay, the condition of the capital markets generally, as well as our ability to access them, and
uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business.
Our expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis, including without
limitation, our examination of historical operating trends, data contained in our records and other data available from third parties. There
can be no assurance, however, that our expectations, beliefs or projections will result, be achieved, or be accomplished.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We
undertake no duty to update any forward-looking statements.
The information contained herein is offered for informational purposes only. None of this information is to be construed as an offer to buy or sell securities.
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M.B. Environmental
Services, LLC
TexCom Gulf Disposal, LLC
Operating Company
Permits Pending
12 Years of Operation
20% Owned by TexCom
90% Owned by TexCom
Nonhazardous Industrial
Wastewater Disposal
E&P Waste Disposal
Development Stage
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• Traditional
• Drilling Waste (NOW)
• Produced Water
• Tank and Truck Washouts
• New
• Naturally Occurring Radioactive
Material (NORM)
• Frac Water (Shale Gas Production)
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 Radioactive Radium is present everywhere
in Earth’s crust
 Dissolves in underground saltwater
 Deposits along with other minerals as scale
 In oil and gas production, scale precipitates from saltwater
brought to surface due to decrease in temperature and pressure
 In the oilfield, scale builds up on well tubing and in surface
gathering equipment (pipelines, pumps and storage tanks)
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Radium/NORM poses little human health risk when held
in place in pipe, tankage, etc.
It does, however, pose a threat when
particles become airborne and/or are
leached into the groundwater.
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WHERE ELSE DOES NORM ACCUMULATE?
In Wellheads
On Smart Pigs that
Clean Pipelines
In Storage Tanks
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• 10 million barrels of NORM in existence in 1995
• Cost to remediate and dispose estimated at
$3.5 Billion
At 1995 rates of oil and gas production, additional amounts of NORM being
generated were estimated to be 140,000 to as much as 640,000 barrels per year.
There are well over 60% more producing wells now than in 1995.
We estimate that less than 35 million barrels of NORM per year are currently
being removed from existing equipment and properly remediated and disposed.
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
The total cost to mobilize, decontaminate and dispose of just the
existing NORM in oilfield equipment (pipes, tanks, batteries, wellheads,
etc.) over a 20 year period is estimated to be in the range of
to
.

Options to dispose of NORM in approved, permitted facilities are limited.

M.B. Environmental is one of only four companies
permitted to dispose of NORM by underground injection.

TexCom is one of only two public companies that dispose
of NORM and the ONLY Public Engineering and Disposal
“Pure Play.”
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 Non-hazardous Oilfield Waste Disposal (NOW)
 Increase in active drilling rigs in region
 Increased number of producing oil and gas wells in region
 Naturally Occurring Radioactive Material (NORM)
 Increased regulatory enforcement
 Billion dollar judgment against Exxon in 2004
 Growing Business-to-Business litigation associated with
producing oilfield property transactions
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Disposes of Wastes from Oilfield Operations
• Drilling Wastes
• Oil-Based Drilling Muds
• Water-Based Drilling Muds
• Produced Salt Water
• Truck and Tank Washouts
• Naturally Occurring Radioactive Materials (NORM)
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Differentiated from Competition
• Wells drilled into fractured Caprock on flank of salt dome
• Can accept mixtures of solids slurried in water
• Most Class II wells inject into depleted oil and gas fomations; only accept
produced water
• That allows us to inject NORM underground
• One of four companies permitted to dispose of NORM by
underground injection
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$8.8
$9,000
$8,000
Reflected in millions
$6.2
$7,000
$6.6
$6,000
$5,000
$4,000
$3,000
$2.3
$2.7
$3.0
$3.1
$2,000
$1,000
$0
2004
2005
NORM
NOW
2006
2007
Truck Washouts
2008
2009
Transfer Facility
2010 Est.
Other
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We have:
 the permits in place
 the right site with required geology
 ample disposal capacity
 qualified environmental personnel
 10 years experience in disposal of NORM
 world class customer base
 knowledge
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Environmental
Engineering
Firms
TexCom is working to position upstream in
NORM Engineering and NORM Decontamination
DECON
SITE
DISPOSAL
Vertical
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Vertical Integration in NORM Decontamination
and Disposal
 Technology Innovations
 Wider Geographic Market Reach
Recovery and Recycle of Frac Fluid Water
 Site expansion to domestic shale plays
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• Vertically Integrate into Engineering Services and
Decontamination Operations.
• Add Capabilities to provide Licensed Engineering
Consulting and Decontamination Services
• Expand NORM disposal capacity
• Target Marketing to Major E&P Companies
• Acquire or develop disposal facilities in:
• South Texas (Eagle Ford Shale)
• Louisiana (Haynesville Shale)
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Existing Sites
Expansion potential
Oil Production
Gas Production
Mixed Production
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Reflected in Millions
2010
2011
2012
2013
2014
Organic Growth Vertical Integration
Base Case
Base Case
8.8
8.8
9.2
18.5
10.1
23.2
12.6
30.4
14.4
37.7
Normalized Gross Profit Margins range from 40% - 60% of Revenue
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 Exchange/Ticker:
Pink Sheets: TEXC
 Market Capitalization:
$10.74 Million
 Basic Shares Outstanding:
63.16 Million
 Headquarters:
Houston, Texas
 Number of Employees:
22
 Websites:
www.texcomresources.com
www.mbenvironmental.net
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Business for a Better Tomorrow
“A better environment is a better future.”
Questions?