IN-CAPSULE TECHNOLOGY

Red Leaf Resources, Inc. has developed the EcoShale™ In-Capsule Technology to economically and environmentally produce high quality liquid transportation fuels from oil shale, oil sands, coal, lignite and bio-mass.

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RESULTS DEMONSTRATED

Red Leaf Resources recently completed a successful field pilot demonstration of the EcoShale™ In-Capsule Technology. 

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RECENT NEWS

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Company

Management Team

The executive management team of Red Leaf Resources consists of a number of seasoned oil shale industry veterans, rounded out by professionals in the fields of finance, law, and petroleum engineering. Selected biographies of key employees are provided below:

Adolph LechtenbergerChief Executive Officer

Mr. Lechtenberger has significant experience in all aspects of Red Leaf Resources' business. Trained as a chemical engineer, Adolph has a rare blend of technical and executive success. He has overseen the full life-cycle of energy production and having led several companies through growth periods that required strong leadership. Adolph has worked in surface mining, refining and marketing of petroleum products, worked with private equity investment companies, helped lead a company through an IPO, and has successfully grown a start-up business as CEO. Particularly worth noting, Adolph was the new technology manager for Exxon's major oil shale development, the Colony Project, in the 1980's. Adolph holds degrees in Chemical Engineering from the University of Arkansas (BS) and the University of Colorado (MS). He has sat on numerous boards of energy companies and was Chairman of the Board of the Cherokee Nation Enterprises. Adolph and his wife enjoy the outdoors and are in the process of getting settled in the Salt Lake area.

Matthew GreeneChief Financial Officer

Mr. Greene was a co-founder of the Company in 2006 and formally joined the Company’s executive management team in 2007. Prior to Red Leaf, Mr. Greene was the Managing Director and Partner of a Utah-based land acquisition and development company where he managed over $100 million in residential and commercial development projects in the Rocky Mountain region. Prior to Red Leaf, Mr. Greene also co-founded and served as Chief Financial Officer to Avalon Digital Marketing Systems, formerly Category 5 Technologies, a public technology company traded on the NASDAQ. Prior to serving as Chief Financial Officer to Avalon, he served as Executive Vice President of Finance with Category 5 Technologies. Prior to Avalon, he served as Acquisition Manager for Booth Creek Golf Holdings and Golfstar Management. Mr. Greene is a graduate of Utah State University and holds an MBA from the Marriott School of Management at BYU.

Lance Lehnhof, J.D. — Senior Vice President, M&A - General Counsel 

Mr. Lehnhof practiced law at the law firms of Sullivan & Cromwell LLP and Stoel Rives, LLP in Washington, DC and Salt Lake City, Utah, respectively, where he specialized in mergers and acquisitions, venture capital transactions, public and private securities offerings and general corporate and securities law compliance. Prior to beginning private practice, Mr. Lehnhof served as a law clerk to the Honorable Monroe G. McKay on the U.S. Court of Appeals for the Tenth Circuit. Mr. Lehnhof received his law degree, summa cum laude, from the J. Reuben Clark Law School at Brigham Young University. He is a member of the state bars of New York and Utah, as well as the District of Columbia.

Dr. James Patten VP Technology Development

Dr. Patten is widely regarded as one of the nation’s foremost experts on oil shale. Before joining the Company in early 2007, Dr. Patten served as Vice President of Non-Conventional Hydrocarbon Fuels at the Ohio-based Battelle Corporation. Dr. Patten joined Battelle in 2000. Dr. Patten was responsible for building the non-conventional petroleum (oil shale, coal-to-liquids and related resources), propulsion energy and automotive research portfolios for Battelle and the Battelle-managed Department of Energy (DOE) National Laboratories. Dr. Patten led development of new business for Battelle with commercial companies in unconventional petroleum and served as a core member of the steering committee for the United States Department of Energy Office of Petroleum Reserves, which developed an actionable plan to revive oil shale development efforts in the United States. Prior to joining Battelle, Dr. Patten was an Executive Director at the Cummins Engine Company in Indiana, where he was responsible for materials engineering, fuels and lubricants, exhaust after-treatment, and manufacturing process research. He also managed technology relationships in India, Italy, and Brazil and was responsible for joint venture formation and management in Japan. He was Cummins’ technology lobbyist and led the off highway business unit technology strategy and the corporate-wide contract research and development business and Cooperative Research and Development Agreements with the United States Department of Energy’s national laboratories. Dr. Patten has a B.S. in Metallurgy from the Case Institute of Technology, an M.S. in Materials Science from Washington State University, and a Ph.D. in Engineering (Materials, Science & Physics) from Washington State. Dr. Patten also completed the Executive Program at Stanford University’s Graduate School of Business in 1998.

Dr. James W. Bunger
— Senior Technology Consultant

Dr. Bunger is currently President and CEO of James W. Bunger & Associates (“JWBA”), which provides technology, products and services to the petroleum, chemical and environmental industries. More broadly, Dr. Bunger has conducted a wide range of projects for government and industry in oil shale, tar sands, coal and petroleum. Prior to his work at JWBA, Dr. Bunger was a petroleum chemist at the U.S. Bureau of Mines Energy Research & Development Administration, where he worked in Utah and Wyoming in the late 1960s and 1970s on several projects attempting to commercialize oil shale production.

Bob Holly Vice President

Mr. Holly brings over thirty years of diverse energy industry experience to the Company, most recently serving as Head of Supply Chain Management for the Abu Dhabi National Energy Company (TAQA) where he led the startup of Taqa’s upstream/midstream supply management program, with oversight of $1.5 Billion annual spend. Previous assignments include technical roles with Union Oil Company of California and Texas Oil and Gas Corp (TXO), commodity supply, transportation and marketing roles with TXO and Amerada Hess Corp, and strategic change leadership roles with Amerada Hess and through his own consultancy. Through his work with numerous oil/gas and chemical companies, Mr. Holly is recognized as a leader and an innovator in performance management of supply contracts involving complex services. Mr. Holly’s broad project management experience includes leadership of a large Information Technology project which received Smithsonian Laureate distinction. Mr. Holly holds a B.S. degree in Petroleum/Natural Gas Engineering from the University of Oklahoma and an M.B.A. from Oklahoma City University.

Lester Thompson — Manager, Field Operations

Mr. Thompson has over thirty years operational experience in oil and gas. He was instrumental in overseeing the commissioning and startup of the world’s second largest floating platform. Mr. Thompson supervises the daily operations and maintenance of the EcoShale™ In-Capsule Test Site.

Shawn Packard, MBA — Vice President, Operations

Mr. Packard spent the past 18 years with Fidelity Investments in Boston where he specialized in business building, channel development and turn-around situations. Most recently he served as Vice President, National Phone Sales, where he developed and implemented scalable distribution models nationally in two separate channels for Fidelity’s insurance arm, thus reducing expenses and headcount by a third while enabling sales growth from US$1.3 to US$5.0 billion-per-year from 2006 to 2008. Mr. Packard has a Masters in Business Administration from Westminster College.