1. Mobius Risk Group Three Riverway Suite 1700 Houston, TX 77056 1-866-MOBIUS1 Houston Los Angeles Phoenix Las Vegas IPAA Private Capital Conference January 16, 2008

2. Risk, Supply and Operations Energy Asset Management Utility Rate Analysis Energy Information Regulatory Compliance & Sustainability Integrated Enterprise Energy Management Communication Integration Service Components Client Communication and Management Portfolio Analysis Rate Analysis Risk Management Strategy Develop. Energy Procurement Contract Negotiation Market Knowledge Energy Audits Project Development Project Management Capital Planning Operational Changes Performance Tracking Asset Financing Historical Cost Tracking Invoice Verification Invoice Reconciliation and Processing Recovery Of Incorrect Charges Special Contracts Program Information Tracking Performance Monitoring And Data Collection Data Analytics Problem Identification Planning Regulatory Risk Assessment Compliance Methodologies / Technologies Compliance Measuring And Validation LEED (US) Emissions F.A.S. and Sarbox Client/Mobius Energy Team Capabilities Client Leadershi p Strategic Vision

3. The Mobius Risk Group Team Mobius Risk Group Over 500 man-years commodity risk management, energy procurement, trading, structuring, quantitative analysis, finance and efficiency experience –Goldman Sachs, Salomon Smith Barney, Total, Conoco, TXU, Reliant, Enron, Hess, Avista, Southland Industries, etc. Have had a significant impact on these issues for our clients –>$9+ billion executed in commodity risk and energy transactions in 2007 –>$300 million in energy technology projects identified and over $120 million implemented –Actively involved in 42 states and 3 continents –Offices: Houston, TX, Phoenix, AZ, Las Vegas, NV, Los Angeles, CA

4. Pre-Bid Model forward revenues, to the well-head, with precision In conjunction with reserve evaluation software Risk reductive/competitive advantage Value embedded optionality, efficiency opportunities and/or unidentified risks in gathering, processing, marketing and transportation agreements Identifies full flavor of assets PSA to Close Develop strategies and value instruments used to hedge revenues, prior to funding Execute risk strategy in the marketplace in a competitive environment Navigate ISDA and Credit Post-Close Identify hedge restructuring landscape Monetize options and execute physical efficiency program Mobius Risk Group E&P and Capital Provider Offering

5. The Philosophy of Our Relationship We work for our clients Augment existing in-house staff or act as our clients commodity risk and physical energy department Not a vendor, supplier nor broker - clear fiduciary relationship Retainer Based Service Share client objectives No hidden agenda, internal biases or misaligned objectives Benefits accrue wholly to our client - no shared savings, commissions nor volumetric incentives that are not in our clients best interest Provide cost-effective (FTE Basis) access to a range of experience within Mobius Mobius is a step up in horsepower Mobius levels the playing field