1. Bluewater Constructors, Inc. General Contractors Serving the Pipeline Industry Stations Terminals Pipeline Rehabilitation/Relocation/Repairs Houston, Texas Ph. (713) 462-8525 Fx. (713) 462-4133

2. Bluewater The company has served the natural gas transmission, oil, petrochemical, and pipeline industry since 1975. We are a Texas corporation. Bluewater Constructors, Inc. is a member of the Associated Builders and Contractors Association. We are a merit shop general contractor.

3. Facilities Bluewater is located on eight acres in Northwest Houston. The facility consists of two office buildings, warehouses, and storage sheds.

4. Management Bluewaters office management and field superintendents combine engineering/technical backgrounds with extensive construction experience; constructing natural gas compressor stations, pipelines, and industrial plant projects throughout the United States.

5. Operating Philosophy Bluewaters main objective is to provide quality workmanship at a fair market price. The construction of oil, petrochemical, and natural gas facilities built on-time, and within budget, without compromising site safety is our goal. We are interested in the development of long term relationships and satisfied clients.

6. Markets Bluewater has built projects from Florida to North Dakota, and from Wyoming to Pennsylvania. Bluewater has all required licenses and certificates of authority to conduct business in these states. Past projects have ranged from construction scopes of $150,000 to more complex projects of $24,000,000.

7. Safety Bluewater employs an in-house safety director and an outside consultant to address all safety related issues. Field superintendents and foremen are trained and certified, for safety aspects pertinent to each project. Site safety includes, but is not limited to: initial job site orientation, safety meetings, training classes, and near miss documentation.

8. Equipment All transportation and construction equipment and hand tools are maintained in good working order; meeting or exceeding OSHA standards. Superintendents have unlimited access to all necessary equipment and tools required to safely complete each project.

9. Bonding Bluewaters bonding capacity is $125,000,000 aggregate; $50,000,000 per single project. Our bonding company is Travelers Casualty and Surety Company of America.

10. Subcontractors The majority of each project is built with Bluewaters own superintendents, foremen, craftsmen, helpers, apprentices, and laborers. We supplement our forces with local labor, whenever possible. Subcontractors are used to compliment Bluewater crews and to provide expertise and equipment for specialized construction needs; this typically includes acidizing, electrical, and instrumentation skills.

11. Project Management Bluewater assigns a project coordinator to work with the field superintendent and the clients project engineer. A schedule is started during the estimating phase, and finalized, upon receipt of approved for construction drawings. Considerable time and effort is given to the estimating process. We attempt to provide a complete and accurate projection of costs with a realistic schedule. Bluewater believes in no surprises. We make every effort possible to maintain an open line of communication between the job site and the clients office. Our objective is to build the project right the first time, and if any problems exist seek a resolution as quickly as possible.

12. Past Projects Bluewater has built projects under a variety of contractual arrangements including: lump sum pricing, turn-key contracts, engineering-procurement- construction, cost plus, and time/material rates. Bluewater has constructed facilities under extreme winter conditions in the Western and Northern states.

13. Past Clients AGL Resources AMR Pipeline Arkla Bay Gas Storage Boardwalk Pipeline Brazos Port Water Authority Caledonia Energy CenterPoint Energy Chemex Chevron Pipeline Cheyenne Plains Pipeline Coastal Colonial Pipeline Colorado Interstate Gas Columbia Gas Transmission Columbia Gulf Dominion Transmission, Inc. Duke East Tennessee Natural Gas El Paso Enbridge Energy Transfer Equilon Equitable Gas Express Pipeline Exxon Enron Falcon Gas Florida Gas Ford, Bacon, & Davis Gulfstream Pipeline Houston Pipeline IES Utilities Jonah Gas Liberty Gas Lone Star Gas Maritimes & Northeast Pipeline Market Hub Partners MidAmerican Energy Mobil Natural Gas Clearing House NGLP Northern Border Pipeline Northern Natural Gas Oklahoma Gas Pipeline Oxychem Panhandle Eastern Pipeline Bluewater clients are typically involved with interstate pipelines, gas processing, gas liquids, petrochemicals, or heavy industrial manufacturing and raw material processing PetroLogistics Phillips Placid Oil Rockies Express Pipeline Seminole Pipeline SISCORP Southern Natural Gas Spectra Energy Tennessee Gas Pipeline Teppco Terasen Pipeline Texas Eastern Transmission Texas Gas Transmission Transcontinental Gas Pipeline Trunkline Gas Union Texas Petroleum United Gas Pipeline United Texas Transmission Universal Compression Valero Vintage Petroleum Washington Gas Williams Field Services