TexCom, Inc. (TEXC)TexCom, Inc. (TEXC)

An Environmental Services ProviderAn Environmental Services Provider

Corporate PresentationCorporate Presentation

November 18, 2009November 18, 2009

Forward-Looking StatementForward-Looking Statement

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 (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 is 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 these 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.

TexCom Description

An energy field services company engaged in the disposal of waste from oil and gas exploration and production.

In the process of permitting an additional site for disposal of Class I non-hazardous industrial wastewater.

Currently services companies in the U.S. Gulf Coast including: Exploration & Production Companies Drilling Companies Oilfield Waste Transporters

Actual : 2008 Revenue $6.1 million EBITDA $4.1 million Estimated: 2009 Revenue $6.9 million EBITDA $4.7 million

• Market Cap 11/10/2009: $7,500,000

• Basic Shares Outstanding: 49,549,500

• Headquarters: Houston, Texas

• Employees: 22

• Websites: www.texcomresources.com

www.mbenvironmental.net

• Market Cap 11/10/2009: $7,500,000

• Basic Shares Outstanding: 49,549,500

• Headquarters: Houston, Texas

• Employees: 22

• Websites: www.texcomresources.com

www.mbenvironmental.net

TEXC Corporate SnapshotTEXC Corporate Snapshot

TEXC Business SegmentsTEXC Business Segments

TexCom, Inc.

EnvironmentalServices

Biofuels

Organizational StructureOrganizational Structure

TexCom, Inc.

M.B. Environmental Services, LLC.

Status:Operating

TexComGulf Disposal, LLC.

Status:Permit Pending

BiodieselInternational

Corp., ParaguayStatus:

Development Phase

Funded Funded Not Funded

E & P Waste Disposal Drivers

Non-hazardous Oilfield Waste Disposal Active drilling rigs in region No. of existing oil & gas wells in region Marked uptick in drilling

Naturally Occurring Radioactive Material Increased regulatory enforcement Growing litigation associated with producing

oilfield property transactions

Recast Current & Proforma ProjectionsReflects financing already in place and 100% ownership of MB Class II Site

2009 E 2010 E 2011 E 2012 E 2013 EM.B. Energy Class II SiteRevenue 6,440,000$ 8,521,000$ 9,202,366$ 10,112,925$ 12,557,500$

Profit to 100% Ownership 2,449,600 3,451,566 3,589,645 4,300,618 5,802,978

TexCom Gulf Disposal Site Management Fees 240,000$ 240,000$ 240,000$ 240,000$ Net Profits Interest 250,000 400,000 Profit to TexCom's 20% 240,000$ 240,000$ 490,000$ 640,000$

Total Subsidiary Earnings 2,449,600 3,691,566 3,829,645 4,790,618 6,442,978

TexCom Corporate Overhead (1,020,000) (1,020,000) (1,082,118) (1,114,582) (1,148,019)

TEXC Earnings 1,429,600$ 2,671,566$ 2,747,527$ 3,676,036$ 5,294,959$

Notes: 1. Earnings reflect 100% ownership of M.B. Energy Class II Site

What’s the OpportunityWhat’s the Opportunityfor TexCom Growth?for TexCom Growth?

NORM

Naturally Occurring Radioactive Material

What is NORM?What is NORM? Radioactive Radium is present everywhere in earth’s

crust.

Dissolves in underground saltwater along with other minerals.

Deposits with other minerals as scale.

In oil & gas production, scale precipitates from saltwater due to decrease in temperature and pressure.

In the oilfield, scale builds on well tubing and in surface gathering equipment (pipelines, pumps, storage tanks)

NORM: Trigger for Growth

10,000,000 barrels of NORM existed in 1995 in the United States ($3 Billion market for disposal) Source: Argonne Labs

It is still there and growing by 140,000 – 160,000 Barrels per year ($45MM/yr.) Source: American Petroleum Institute

NORM Disposal Market Drivers

NORM Surveys – now part of oil & gas property transaction due diligence

Public Awareness – NORM contamination in the oilfield has been the subject of a number of Newspaper articles in Texas and Louisiana as well as a high profile $1 Billion lawsuit for soil contamination.

Regulatory Awareness – regulators now test for NORM in oilfields

How Does TexCom Address the Industry How Does TexCom Address the Industry Problem and Exploit the Opportunity? Problem and Exploit the Opportunity?

We have: The permits A suitable site location Ample disposal capacity Qualified personnel Experience in the business Existing customer base Knowledge

Our Competitive AdvantageOur Competitive Advantage

Most Class II wells inject into depleted oil & gas Most Class II wells inject into depleted oil & gas formations; only accept produced waterformations; only accept produced water

Limited number of Class II wells inject into Limited number of Class II wells inject into fractured caprock or salt caverns that can fractured caprock or salt caverns that can accept solids (rock tailings, drilling muds and accept solids (rock tailings, drilling muds and NORM scale)NORM scale)

Even fewer Class II wells are permitted to Even fewer Class II wells are permitted to accept NORMaccept NORM

Company ManagementCompany ManagementName Title Background / Experience

Lou Ross

President and Chairman

Vice President, Planning and Development – Westlake Chemicals

Managing Director for Research , Engineering and Business Planning – Chemicals Group of United States Steel Corporation

Worldwide Director of Chemicals Business Planning – Gulf Oil Corporation

Manager, Planning and Development – Gulf Oil Corporation, Petrochemicals Division

Britt Brooks

Executive Vice President, Secretary and Director

Former Vice President and Director – Texas Commercial Resources

Director Sabine Resources, Inc. 17 years experience in Small Cap Finance

Robert Wilson

Chief Financial Officer

Partner 5 years in Audit Department at Price Waterhouse

20 years as Financial Operations Principal for Investment Banks

10 years as CFO of several publicly traded companies

Jay Charles

General Manager, Biodiesel

Managing Partner – GlobalNet, Inc. Executive Vice President and General Manager –

C&L Communications, Inc. Permitted and Developed 3 Biodiesel Plants in

Texas

Matt McEneny

General Manager, Disposal

Corporate Director, Environmental Health & Safety – Burlington Resources

Don Black

President , M.B. Environmental Services, LLC

More than 45 years of experience in oil and gas drilling in major oil producing regions around the globe.

Spent 12 years in the North Sea as the Drilling Superintendent for six offshore drilling rigs

Representative TexCom Clients

ANADARKO FOREST OIL

APACHE CORP. HILCORP

BAKER HUGHES KAISER FRANCIS

CHESAPEAKE KINDER MORGAN

CONOCOPHILLIPS NEWFIELD

DELTA SEABOARD PETROHAWK ENERGY

DENBURY ONSHORE, LLC PRIDE ENERGY COMPANY

DEVON ENERGY RANGE RESOURCES

E.O.G. TXCO

EL PASO PRODUCTION UNION OIL & GAS OPERATING

EXCO RESOURCES, INC. XTO

180 total active account relationships

Our Disposal Revenue vs. Drilling Rig Count

$-

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

Q-1 Q-2 Q-3 Q-4 Q-1 Q-2 Q-3 Q-4 Q-1 Q-2 Q-3

2007 2008 2009

Rev & Net No.

0

10

20

30

40

50

60

70

Rig Count

Disposal Revenue/Quarter Net Income/Quarter Tx Region 3 Rig Count

Current Capacity Utilization

Less than 35% of permitted capacity for oilfield waste disposal

Less than 5% of our NORM capacity *

* TEXC is 1 of the 3 companies having commercial NORM injection

permits in the U.S.

$3 Billion NORM Disposal Market is Underserved

Disposal: Historical and Proforma Revenue (Millions)

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

2007 2008 2009 E 2010 E

NORM NOW Truck Washouts Transfer Facility Other

$3.1

$6.1$6.4

$8.5

TEXC’s Disposal Revenue Mix

9 Months Sep 2009

Waste disposal

45%

Skim Oil Income

1%

Truck Wash Out

12%

Norm Waste

Disposal42%

Full Year 2008

Waste disposal

53%Norm Waste

Disposal28%

Truck Wash Out

15%

Skim Oil Income

4%

Revenue: $6,197,583 Revenue: $4,968,543

Pathway to Major Growth in Pathway to Major Growth in NORM DisposalNORM Disposal

Vertically Integrate into Engineering Services and Decontamination Operations

Acquire and Joint Venture with Licensed Engineering Service and Decontamination Companies.

Acquire additional NORM disposal capacity

Target Market Major E&P Companies

Target Market Key E&P production fields

To Accelerate Growth

DISPOSAL

Vertical DECON

SITE

EnvironmentalEngineering

Firms

Capture 88% of the Value Chain

12%

40%

33%

15%Survey

Decontamination

Disposal

Transport

Position upstream in Engineering & Decontamination

Vertical Integration

Advantages of vertical integration into Engineering and Decon.

1. Capture 3 out of the 4 NORM value chain components

2. Build or buy engineering capability

3. NORM Engineering firms direct product through the value chain

Engineering 15%

Decontamination 33%

Transportation 12%

Disposal 40%

Horizontal IntegrationExisting Sites

Expansion

Oil ProductionGas ProductionMixed Production

TexCom Gulf Disposal, LLCTexCom Gulf Disposal, LLC

Limited number of Class I wells in commercial operationLimited number of Class I wells in commercial operation

Deep well injection at 6,500 feetDeep well injection at 6,500 feet

Existing and completed well on 27 acresExisting and completed well on 27 acres

Near to Greater Houston refining/petrochemical complexNear to Greater Houston refining/petrochemical complex

Permit allows injection of 12,000 bbls/dayPermit allows injection of 12,000 bbls/day

Large anchor customer nearby Large anchor customer nearby

Action on permit expected Q-1 2010Action on permit expected Q-1 2010

Class I Non-hazardous Industrial Wastewater DisposalClass I Non-hazardous Industrial Wastewater Disposal

Class I Deep Well Injection ProformaClass I Deep Well Injection Proforma

Funded

Capacity Limit (gal/yr) 180,000,000 180,000,000 180,000,000

Utilization Rate 20% 40% 60%

Income StatementGross Income

Volume (gal) 36,000,000 72,000,000 108,000,000 Rate (gal) 0.12$ 0.12$ 0.12$

Total Gross Income 4,320,000$ 8,640,000$ 12,960,000$

Electricity 360,000 720,000 1,080,000

G & A ExpenseProfessional Fees (Lgl, Engr, CPA) 125,000 150,000 175,000 General & Administrative 144,000 288,000 200,000 Bonds & Insurance 75,000 75,000 75,000 Salary 500,000 1,000,000 1,500,000 Other Expense 48,000 96,000 144,000 Property Taxes 75,000 75,000 75,000

Total Gross Expense 1,327,000 2,404,000 3,249,000

EBITDA 2,993,000 6,236,000 9,711,000 69% 72% 75%

To TEXC's 20% Interest 598,600$ 1,247,200$ 1,942,200$ Proforma Pricing

Per Bbl Pricing 5.04$ Daily Bbl's Per Permit 12,000

Why TEXC NowWhy TEXC Now

No blue sky in market valuationNo blue sky in market valuation

Public environmental companies trade at 20 + P/E multiplesPublic environmental companies trade at 20 + P/E multiples

Completing buyout of partners brings profitability at a Completing buyout of partners brings profitability at a low multiplelow multiple

TEXC Prior Ownership – 36.79%TEXC Prior Ownership – 36.79%

TEXC 2010 Ownership – 93.4% to 100%TEXC 2010 Ownership – 93.4% to 100%

One of a few operating companies in a large marketOne of a few operating companies in a large market

Uniquely positioned to scale the Environmental Services Uniquely positioned to scale the Environmental Services portion of our businessportion of our business