Mobius Risk Group, LLC

IPAA Private Capital Conference

January 14 2009

Confidential 2

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 3

Physical & Operational

MgmtExecutionFinancial Risk

InvestmentBanking

Accounting & Reporting

Integrated Enterprise Commodity Management

Communication

Integration

Service Components

Client Objectives and Sensitivities

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

Risk Policy Risk Procedures

Authorities Limits Metrics Reporting

Market Insight & Analysis

Risk Quantification

Risk Strategies

Target Opportunities

Deal Valuation (Market)

Deal Structuring Portfolio Risk

Identification Portfolio Risk

Mitigation Private Equity

Partnerships (i.e. GCE Holdings)

Invoice Reconciliation

Risk Documentation & Reporting (FAS/SARBOX)

Risk Strategy Documentation & Reporting

FAS 133 Documentation & Compliance Reporting

Mobius Risk Net

Client/Mobius Energy Team

Capabilities

Client Leadershi

p

Business Strategy

Confidential 4

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