Newfield Exploration Company Joint Development Agreement

On October 15, 2014, the Company entered into a Joint Development Agreement with Newfield Pipeline Exploration Company (“Newfield”) to test the effectiveness of the Company’s Joule Heat technology under operating conditions on Newfield’s oil pipeline. The Company shall deliver the Joule Heat technology at the Company’s sole expense, and Newfield will install and operate the Joule Heat technology at Newfield’s sole expense. The term of the agreement is six months, subject to early termination upon 30-day written notice, commencing upon installation scheduled to be no later than December 31, 2014. See “Business Description” above for details of the Joule Heat technology. The Newfield agreement is attached hereto as Exhibit 10.1.

Haven Technology Solutions, LLC Joint Development Agreement

On October 24, 2014, the Company entered into a Joint Development Agreement with Haven Technology Solutions, LLC (“Haven”), a research firm specializing in flow regime management technologies for the global energy industry. Testing to be conducted at the Haven flow-loop research facility in Magnolia, Texas, will incorporate Haven's patented Flow Regime Management systems (FRMs™) as an advanced separation solution in conjunction with STWA's AOT™ Viscosity Reduction System and STWA Joule Heat pipeline flow assurance equipment. This hybrid system has been optimized for upstream condensate pipeline operations, separating commingled fluids under full flow and multiphase conditions. Condensate, or ultra-light oils, are lighter than crude but heavier than liquid natural gas, and make up one of the industry's fastest growing segments as a result of enhanced oil and gas recovery techniques used to extract previously unrecoverable resources from shale formations. The Haven agreement is attached hereto as Exhibit 10.2.

OTCQX Marketplace

On October 30, 2014, the Company began trading on OTCQX, a marketplace operated by OTC Markets Group Inc. for established global and growth companies. Investors can find current financial disclosure and Real-Time Level 2 quotes for STWA at: www.otcmarkets.com/stock/ZERO/quote.

TransCanada Lease Termination

The TransCanada Equipment Lease with Option to Purchase (“Lease”, see Note 4) was terminated, effective October 15, 2014. Under terms of the Lease, all equipment is to be returned to the Company by TransCanada, at TransCanada’s expense.