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OriginOil’s Second Licensing Agreement Targets Canadian Oil Sands Market

  OriginOil’s Second Licensing Agreement Targets Canadian Oil Sands Market

Alberta-based investor group to build and sell complete systems to oil service
companies working on oil and water recovery

Business Wire

LOS ANGELES -- November 27, 2012

OriginOil, Inc. (OTC/BB: OOIL), the developer of a breakthrough energy
production process for harvesting algae and cleaning up oil & gas water,
announced today that its second original equipment manufacturer’s (OEM)
agreement will target oil service companies in the Canadian oil sands market.

Privately-held investor group LH Opportunity Group plans to work with
Calgary-based specialty fabricator Ensteel Industries to design an end to end
system, featuring OriginOil’s technology, for potential applications in the
enhanced oil recovery and tailing pond water treatment markets.

LH was an early private investor in Athabasca Oil Corporation (TSX: ATH);
while over its 40-year history, Ensteel has completed projects for companies
like Propak Systems and Plains Fabrication that supply industry leaders in the
Canadian oil and gas sector.

Bill Ross, President of LH Opportunity Group, stated, “We are very excited to
take the lead in the Canadian market with OriginOil’s breakthrough technology,
CLEAN-FRAC. Through Ensteel we believe we are very well equipped to begin
manufacturing CLEAN-FRAC units in the very near term. We believe the
opportunity in Canada is huge and our oil and gas community of decision makers
is small and tight.”

Under the terms of the OEM agreement, OriginOil has granted a non-exclusive
license to LH Opportunity Group to bundle OriginOil’s high-speed and
chemical-free CLEAN-FRAC technology with systems that LH and Ensteel plan to
develop. OriginOil will receive royalty payments based on a percentage of
system sales revenue.

“Major oil sands producers in the region are expected to commit hundreds of
millions of new dollars to water management and tailing pond treatment over
the next few years,” said Riggs Eckelberry, OriginOil CEO. “Based on its track
record, we have concluded that LH is an aggressive early adopter that is
expected to quickly attack this new opportunity. We welcome LH and its partner
Ensteel to our growing family of OEMs.”

OriginOil’s CLEAN-FRAC™ process is based on the company’s Solids Out of
Solution™ technology that efficiently removes oils, suspended solids,
insoluble organics and bacteria from produced or ‘frac flowback’ water, on a
continuous flow basis and without the use of chemicals.

According to the US Bureau of Land Management, oil sand deposits are complex
mixtures of sand, clays, water and bitumen, a “heavy” or highly viscous oil.
The Alberta Geological Survey states that it takes from 2.5 to 4 barrels of
water to produce one barrel of bitumen, and reclamation of mining sites must
be done to a standard to at least the equivalent of their previous biological
productivity.

A study previously issued by the University of Toronto and the University of
Alberta suggested that “the choke point for the province's oil sands expansion
may not be the huge carbon dioxide emissions arising from mining and
processing the sticky, bitumen containing tar sands, as is widely assumed, but
a lack of water.” (The Globe and Mail: Choke point for oil sands may be water
shortage.)

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About OriginOil, Inc. (www.originoil.com)

OriginOil has developed an energy production process for harvesting algae and
cleaning up oil & gas water. Operating at the first stage of extraction, this
high-speed and chemical-free process can be embedded in other systems to
improve performance. Originally invented to solve the biggest problem in algae
production, it is now finding demand in oil and gas fracking and production
water cleanup, an immediate and fast-growing market that desperately needs
clean technology solutions. To learn more about OriginOil®, please visit our
website atwww.originoil.com.

Safe Harbor Statement:

Matters discussed in this update contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. When used in
this update, the words "anticipate," "believe," "estimate," "may," "intend,"
"expect" and similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially from those
contemplated, expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the expectations
of the Company and are subject to a number of risks and uncertainties. These
include, but are not limited to, risks and uncertainties associated with our
history of losses and our need to raise additional financing, the acceptance
of our products and technology in the marketplace, our ability to demonstrate
the commercial viability of our products and technology and our need to
increase the size of our organization. Further information on the Company's
risk factors is contained in the Company's quarterly and annual reports as
filed with the Securities and Exchange Commission. The Company undertakes no
obligation to revise or update publicly any forward-looking statements for any
reason.

Abstract

OriginOil’s second licensing agreement targets Canadian oil sands market;
Alberta-based investor group to build and sell complete systems to oil service
companies working on oil and water recovery

Key Words

originoil, originoil inc, ooil, origin oil, oil & gas technology, oil & gas
cleanup, frac water cleanup, solids out of solution, clean-frac, algae
appliance, Riggs Eckelberry, frac cleanup, hydraulic fracturing cleanup,
produced water cleanup, invest algae, invest oil & gas, new oil, algae oil,
renewable oil, algae biofuel, chemical free process algae, algae
commercialization, algae harvesting, renewable crude oil, algae extraction,
oil and gas extraction, LH Opportunity Group, Ensteel, CLEAN-FRAC,Canadian Oil
Sands

Contact:

Press Contact:
Antenna Group – a Beckerman Company
Jerry Schranz, 201-465-8020
jerry@antennagroup.com
or
Investor Relations:
OriginOil
Tom Becker
Toll-free: 877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3
Fax: 323-315-2301
ir@originoil.com
www.originoil.com
 
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