Mobius Risk Group, LLC IPAA Private Capital Conference January 14 2009

Mobius Risk Group, LLC Mobius Risk Group – Houston Based – Global Exposure Oil and Natural Gas Risk Management Not a Broker Not a Market-Maker Mobius is an advisor and advocate in the market place on behalf of its clients Financial Risk Management - Valuation, Strategy, Execution, Reporting and Audit Support Hedge restructuring in opportune times AND to avoid pain in hair trigger markets Physical Risk Management – Contract valuation and negotiation, Scheduling, Balancing, and Marketing services. Subject matter experts across oil and gas value levers Look and feel of a merchant energy/investment bank desk & team Confidential

Integrated Enterprise Commodity Management Client Leadership Business Strategy Communication Client Objectives and Sensitivities Client/Mobius Energy Team Integration Investment Banking Financial Risk Physical & Operational Mgmt Execution Accounting & Reporting Service Components Target Opportunities Deal Valuation (Market) Deal Structuring Portfolio Risk Identification Portfolio Risk Mitigation Private Equity Partnerships (i.e. GCE Holdings) Risk Policy Risk Procedures Authorities Limits Metrics Reporting Market Insight & Analysis Risk Quantification Risk Strategies Gathering Agreements Processing Agreements Transportation Agreements Negotiation of Physical Pricing Contract Negotiation Increase Netbacks Transparency Continuous Market Access Efficient Execution (Agency) ISDA & Credit Negotiation Transaction Confirmations Document Administration Invoice Reconciliation Risk Documentation & Reporting (FAS/SARBOX) Risk Strategy Documentation & Reporting FAS 133 Documentation & Compliance Reporting Mobius Risk Net Capabilities Confidential

Mobius Risk Group Assembly of subject matter experts across commodity and energy value levers Physical Commodity & Financial Products Natural Gas Crude Crude Products Power Petrochemicals Plastics Non-ferrous metals Steel Precious Metals Carbon and Emissions Credit Information Flow, Market Transparency and the ability to protect Client Value Confidential