DME_Dimethyl Ether_Oberon Fuels DME RECEIVES EPA’S FIRST BIOGAS-BASED FUEL APPROVAL UNDER THE RENEWABLE FUEL STANDARD

3 September 2014

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OBERON DME RECEIVES EPA’S FIRST BIOGAS-BASED FUEL

APPROVAL UNDER THE RENEWABLE FUEL STANDARD

SAN DIEGO, CA

Oberon Fuels Inc.(“Oberon”),

the first company to announce plans to commercialize

biogas-based dimethyl ether (“DME”) fuel production

in North America,

announced today that

the United States Environmental Protection Agency (“EPA”)

has approved its DME for inclusion under

theRenewable Fuel Standard (“RFS”).

Oberon’s biogas-based DME

is now eligible for

* high value D-Code 3 (cellulosic) and

* D-Code 5 (advanced) renewable identification numbers (“RINs”)

under the RFS.

The EPA determined that biogas-based DME produced

from the Oberon process resulted in

an approximate 68% reduction in greenhouse gases

when compared to baseline diesel fuel.

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