2. GEOMEC GROUP 2 Geomec Engineering AS offers independent studies, consultancy, training and auditing for oil and gas operators, with an emphasis on compaction and subsidence, heavy oil, mud-loss management, sand management, water management and wellbore stability. It has been operative since 2002. Geomec Environmental Management AS is establishing an independent control centre for planning, real time monitoring and the daily follow-up of storage and IOR wells, to ensure safe permanent injection of cuttings, water and CO2. The company has been operative since 2008, and the centre will begin operations in 2010. Geomec © 2010

3. © Geomec 2008 Geomecs Technology Marguerite 3 multidisciplinarity is more than a word: It is a way of life Geomechanics is a core discipline of oil and gas operations Compaction and Subsidence Fracturing Etc. Wellbore Stability Mud Loss Etc. Sand management Water injection Etc. Natural fractures Core damage Etc. Waste management Leakage Etc. Completion Well life expectancy Etc. Over the years Geomecs staff Has performed advanced ( * ) studies In all domains of Petroleum Geomechanics (*) Over 700 publications are co-authored by Geomecs staff GEOMEC METHODOLOGY

4. SERVICE UK MARKET 4 An independent specialist-advisory centre for injection wells (cuttings, water and CO2). Planning/qualification, monitoring/analysing and reporting/advising for the pre-injection, injection and post-injection phases. Supplementary regulatory, laboratory and seminar/course services. Geomec © 2010

5. REFERENCE UK MARKET 5 Nexen (Aberdeen and London). Buzzard Field. Water Injection and Produced Water Reinjection. Geomec © 2010

6. THE PROBLEM: LEAKAGES FROM INJECTION WELLS 6 International water-leakage survey: Only operators not looking for leakages report having no leakages. Economic losses: Reduced life-span for injection wells, higher cost and lower gain for IOR wells; and loss of and possible compensation for loss of CO2 quotas. Environmental pollution: Short and long-term soil, sea, (ground-) water and air contamination; and risk of leakage-damages to injection facilities. Geomec © 2010

7. OUR SOLUTION: INDEPENDENT SPECIALIST-ADVISORY CENTRE 7 Geomec © 2010 PRE-INJECTION INJECTION POST-INJECTION IOR & STORAGE (NEW & EXISTING) REPORTING & ADVISING MONITORING & ANALYSING PLANNING & QUALIFICATION PROJECT PHASES PROJECT ACTIONS GEOMEC INJECTION CENTRE OPERATOR INJECTION WELLS MONITORING-SYSTEM & WELL-DATABASE TECH & REGULATORY EXPERT-SUPERVISION LABORATORY & SEMINAR / COURSES ONSHORE & OFFSHORE NATIONAL & INTERNATIONAL STAVANGER CENTRE FOR SAFE INJECTION (24/7) CUTTINGS, WATER & CO2

8. PRELIMINARY CHALLENGES 8 Marketing (who and how) – Test on the mentor company. Decision Makers (who and how) – Test on the mentor company. Regulative support (who and how) – Door-opener in Norway ! Growth resources (personnel and money) – Frame-agreements ? Geomec © 2010