2nd Annual Energy Technology Venture Forum

Financing and Launching Emerging Energy Technology Companies

Rice Alliance - Houston Technology Center

Jones School, Rice University Friday, September 17, 2004

GOLD / SILVER UNDERWRITERS: Andrews Kurth LLP Administaff Baker Botts LLP Bracewell & Patterson LLP British Consulate-General Houston ChevronTexaco Ernst & Young ESX Engineering Fulbright & Jaworski LLP Haynes & Boone LLP Hewlett-Packard Company Locke Liddell & Sapp LLP McCoy Workplace Solutions Pannell Kerr Forster of Texas RENTthesite.com Savage Design Shell Technology Ventures The Padgett Group Thompson & Knight Winstead Sechrest & Minick EVENT SPONSOR:

MEDIA SPONSOR:

Rice Alliance - Houston Technology Center 2nd Annual Energy Technology Venture Forum "Financing and Launching Emerging Energy Technology Companies" Friday, September 17, 2004
9:00 - 10:00 AM 10:00 - 10:10 AM

Registration Welcoming Remarks and Introduction

Technology Briefings - Research Innovations in Energy

10:15 - 10:30 AM

Nanostructured Ceramic Membranes: Possible Fuel Cell Applications - Dr. Mark Wiesner Gas Hydrates: Fire in the Ice - Dr. Walter Chapman SWNT Quantum Wire: Nanostructured Carbon Conductors - Dr. Howard Schmidt Emerging Sea-Going Natural Gas Transport - Dr. Michael Economides
Company Updates

10:30 - 10:45 AM 10:45 - 11: 00 AM 11:00 - 11: 15 AM

11:30 - 11:35 AM 11:35 - 11:42 AM 11:42 - 11:49 AM 11:49 - 11:56 AM Noon - 1:00 PM 1:00 - 1:10 PM 1:10 - 1:20 PM

Intro: Bob Schwartz, HTC Davidson Instruments, Rick Lopushansky SmartPipe, Steve Catha TerraVici Drilling Solutions, Stuart Schaaf
Lunch & Networking

Welcoming Remarks - Rice Alliance Welcoming Remarks - HTC

Keynote Presentation: Building the Energy Future: Technology Strategy and the Role of New Ventures

1:25 - 1:55 PM

Dr. Donald L. Paul, Vice President and Chief Technology Officer ChevronTexaco Corporation
1:55 - 2:10 PM 2:10 - 2:25 PM 2:25 - 2:40 PM 2:40 - 3:10 PM 3:10 - 3:25 PM 3:25 - 3:40 PM 3:40 - 3:55 PM

New Venture Presentation - Micro Seismic New Venture Presentation - Beta Batt New Venture Presentation - Clipper Windpower Networking Break New Venture Presentation - 3DGeo Development New Venture Presentation - Emergent Maritime Technology New Venture Presentation - Network International
Investor Panel: Financing Energy Technology Start-Up

3:55 - 4:25 PM

Elliot Bouillion, Murphree Venture Partners George King, BP America Mike Albosta, ConocoPhillips Dan Gleitman, Halliburton Energy Services Group Joel Serface, Eastman Ventures
4:25 - 5:15 PM 5:15 - 6:30 PM

Feedback Panel Networking Reception & Company Showcase

Energy Technology Venture Forum Friday, September 17, 2004

10:00 AM Welcoming Remarks and Agenda Steven C. Currall, Ph.D. William and Stephanie Sick Professor of Entrepreneurship Associate Professor of Management, Psychology, and Statistics Founding Director, Rice Alliance for Technology and Entrepreneurship scc@rice.edu Bio: Dr. Currall has research, teaching, and consulting experience in the areas of corporate governance, emerging technology companies, and negotiation. He serves on the editorial review board of the Journal of Organizational Behavior and the Academy of Management Executives. He also serves on the Boards of BioHouston, Houston Technology Center, and Leadership in Medicine, Inc. He has been quoted in the New York Times, The Economist (UK), Wall Street Journal, Los Angeles Times, Business Week magazine, and CIO Magazine. Currall earned a Ph.D. from Cornell University, a M.Sc. from the London School of Economics (where he was a Rotary Scholar), and a B.A. cum laude from Baylor University. Brad Burke Managing Director, Rice Alliance for Technology and Entrepreneurship bburke@rice.edu Bio: Mr. Burke is Managing Director of the Rice Alliance. Most recently, he founded and managed the local office of Viant Corporation, a pre-

mier internet consulting firm, delivering internet strategy, creative design, and web technology implementation. Viant went public through an IPO in 1999. Prior to Viant, Brad was a Principal with CSC Index, the management consulting division of Computer Sciences Corporation (CSC). Before consulting, Brad held management positions with Exxon Corporation. He received his M.B.A. from Northwestern University's Kellogg Graduate School of Management and his B.S. from Vanderbilt University. 10:15 AM "Nanostructured Ceramic Membranes: Possible Fuel Cell Applications" Prof. Mark R. Wiesner Professor, Department of Civil and Environmental Engineering and Chemical Engineering Rice University wiesner@rice.edu Bio: Dr. Mark R. Wiesner is a Professor in the Departments of Civil and Environmental Engineering, and Chemical Engineering. Dr. Wiesner's research pioneered the application of membrane processes to environmental separations and water treatment. Abstract: Metal oxanes are attractive precursors for ceramic membranes, presenting numerous advantages over traditional sol-gel preparations. In particular, we have fabricated iron-based ceramics from ferroxane nanoparticles with proton transfer properties rivaling those of Nafion membranes, while able to operate at higher temperatures.

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Energy Technology Venture Forum Friday, September 17, 2004

10:30 AM "Gas Hydrates: Fire in the Ice" Professor Walter G. Chapman, Ph.D. Professor of Chemical Engineering Rice University wgchap@rice.edu Bio: Professor Chapman received his B.S. in Chemical Engineering from Clemson University and his PhD from Cornell University. Prior to joining the Rice faculty, he was a Research Engineer with Shell. Walter has been a visiting Professor at the Technical University of Berlin and at the Technical University of Denmark. He has received both graduate and undergraduate teaching awards at Rice. Walter was also named an Outstanding Young Alumni at Clemson University. Abstract: Natural Gas hydrates are self-assembled nano-crystalline materials in which water forms cagelike structures that trap natural gas components. Vast amounts of hydrates occur naturally in the permafrost and below the seafloor. There is a rapidly growing awareness of the major importance and wide ranging scope of these hydrates as a potential fuel supply, in global climate change, and in industrial applications. Scientific and commercial impact of the research at Rice will be discussed. 10:45 AM "SWNT Quantum Wire: Nanostructured Carbon Conductors" Howard K. Schmidt, Ph.D. Executive Director Carbon Nanotechnology Laboratory Rice University

Bio: Dr. Howard K. Schmidt joined the Carbon Nanotechnology Laboratory at Rice University as Executive Director in September, 2003, with the charter of growing the CNL program and staff "to make Buckytubes be all they can be." He is responsible for financial matters and contract execution for projects within CNL. He also leads the Laboratory's marketing efforts, and contributes to technical work and project management. Abstract: Single-Wall Carbon Nanotubes (SWNT) have remarkable mechanical, structural, thermal and electrical properties. Among many potential applications, CNL maintains a focuse on developing advanced electrical conductors comprised of quasi-crystalline arrays of metallic SWNT fibers. Such 'quantum wires' could well replace copper, with up to ten-fold greater conductivity and six-fold less weight. Key applications span micro-electronic inter-connect, through spacebased electrical power transmission components. 11:00 AM Emerging Sea-Going Natural Gas Transport Michael J. Economides Professor, Cullen College of Engineering University of Houston mje@uh.edu Bio: Michael J. Economides is an engineering professor at University of Houston, and the CTO of the Texas Energy Center. Publications include 11 books and 200 journal papers and articles. Economides does a wide range of industrial consulting, including major retainers by national oil companies and by Fortune 500 companies. He

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Energy Technology Venture Forum Friday, September 17, 2004

has had professional activities in over 70 countries. Abstract: Four sea-going natural gas transport technologies are discussed: liquefied natural gas (LNG), compressed natural gas (CNG), sub sea pipelines (PNG), and natural gas-to-liquid (GTL) conversion. Technical, conceptual, and actual gas-transport projects are analyzed. These functions are then integrated into a model, which is used to determine the economic constraints of a number of developments that cover a range of gas rates and shipping distances. 11:30 AM Company Updates: Introduction Bob Schwartz Vice President and Director of Energy Houston Technology Center bschwartz@houstontech.org Bio: Bob Schwartz, VP and Director of Energy at the Houston Technology Center, has an extensive background in the Energy industry spanning 40 years. Bob has worked for Exxon/Mobil, ConocoPhillips and FMC Technologies in both upstream and downstream functions. He has consulted for companies in the energy and chemical industries as well as consulting in the public sector. Prior to joining the HTC Bob spent 10 years as the Director of the Entrepreneurship Concentration at The University of Texas at Austin McCombs Graduate School of Business. He is a partner in Encore Energy LLC. He holds a degree in chemical engineering (Tau Beta Pi) from the University of Oklahoma and an MBA from the Harvard Business School.

11:35 AM Davidson Instruments Richard Lopushansky President and CEO Davidson Instruments rlopushansky@davidson-instruments.com Bio: Richard L. Lopushansky, Davidsons President and CEO, has twenty-eight (28) years of experience in the development of technologybased businesses serving government and industry and has a strong background in engineering, manufacturing, and marketing. He has started, developed, and managed other successful businesses including a green field business that generated $60 million in revenue for the manufacture of high quality torpedo warhead systems for the U.S. Navy, a technical services business that served the oil and gas industry, and a construction services business that served the telecommunications industry. Mr. Lopushansky has had significant management experience as an employee and consultant working for The Babcock & Wilcox Company, McDermott International, Southwest Research Institute, Shell Oil Company, Duke Energy, and the Edison Welding Institute. Company Description: Davidson Instruments, Inc., headquartered in Houston, Texas and founded in 1995, is a leading supplier of fiber optic sensor solutions for industrial applications. The Company has developed a family of fiber optic based instruments suitable for use in demanding applications such as power generation, refining and chemical processing, upstream oil and gas production and aerospace. Davidsons early products were developed for the Navy and the Department of Energy; the Company is now deploying commercial sensor systems to monitor

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Energy Technology Venture Forum Friday, September 17, 2004

gas turbines, refinery and chemical plant processes and down hole oil and gas well parameters. Milestones since September 2003: - Concluded Series A Financing in the amount of $5.25 million. -several contracts with established companies in Power Generation, Oil & Gas and Chemical Refinery. 11:42 AM SmartPipe Stephen C. Catha Chief Executive Officer Smart Pipe Company, L.P. sccatha@aol.com Bio: Steve was the founder of Pipeliners, Inc., developer of the U Liner trenchless rehabilitation system. Prior to Pipeliners Steve founded Flexpipe a.k.a.Wellstream, Inc. the first U. S. manufacturer of high-pressure flexible pipe. Before founding Flexpipe Steve spent almost fifteen years in the steel pipe industry, mostly with Armco Steel/ National Supply. Company Description: Smart Pipe Company, LP is the developer of the Smart Pipe liner system for low cost restoration of aging high pressure urban pipe lines. Smart Pipe is a high strength reinforced thermoplastic pipe (RTP) that: - Is manufactured and installed as a tight fit liner in an underground pipeline using a portable, site based, manufacturing system - Restores the subject pipeline to its full pressure handling service rating, renews the projected

service life of the subject pipeline - Provides the operator of the pipeline with continuous monitoring and inspection capabilities. Milestones Since September 2003: - Obtained $200,000 of "Angel" financing under an agreement requiring us to immediately prepare and launch a private placement offering - Housed our company at HTC - Successfully completed our private placement offering ($4 million raised in eight months) - Completed the assembly of our "launch team" - Completely reviewed and, where necessary, modified or enhanced our basic liner design - Finalized the design and launched the fabrication of our portable factory - Maintained close contact with our primary customer targets 11:49 AM TerraVici Drilling Solutions Stuart Schaaf President TerraVici Drilling Solutions stuart.schaaf@terravici.com Bio: Stuart is the founder of TerraVici Drilling Solutions. Stuart previously worked with Schlumberger Oilfield Services for 12 years in various operational, engineering and management roles. These roles included responsibility for the development of advanced drilling systems including rotary steerable systems. Stuart holds 8 patents in this field. After leaving Schlumberger, Stuart created InterSyn Technologies and developed an engineering methodology for identifying cross-industry technology transfer opportunities. TerraVici

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Energy Technology Venture Forum Friday, September 17, 2004

was spun out of InterSyn to focus on the development of next generation oilfield technologies. Stuart joined TerraVici as president and CTO. In addition to his technical knowledge, Stuart has 10 years of entrepreneurial experience having developed three business ventures. Stuart holds two degrees including M.S.E.E. (Marquette University), and B.S.E.E. (University of Wisconsin). Company Description: TerraVici provides low cost, high performance drilling solutions to the Oil and Gas Industry. Through implementation of proven CVT technologies, TerraVici has been able to develop a low cost rotary steerable system design that will outperform available rotary steerable systems on drilling performance for a fraction of the price. In 2005, TerraVici will introduce the rotary steerable system into market through licensing agreements. TerraVici will continue to develop technologies for the Oil and Gas Industry including other low cost CVT based technology applications. Milestones Since September 2003: - Raised $750,000 in private funding Secured worldwide field of use license for CVT design - Provided proof of concept for CVT to act as control mechanism in Rotary Steerable System Completed concept design, initiated final detailed design - Attracted industry player as minority investor and potential licensee

Noon Networking and Boxed Lunches Anderson Family Commons 1:00 PM Welcoming Remarks and Agenda Steven C. Currall, Ph.D. William and Stephanie Sick Professor of Entrepreneurship Associate Professor of Management, Psychology, and Statistics Founding Director, Rice Alliance for Technology and Entrepreneurship scc@rice.edu Brad Burke Managing Director Rice Alliance for Technology and Entrepreneurship bburke@rice.edu 1:10 PM Welcoming Remarks and Agenda Bob Schwartz Vice President and Director of Energy Houston Technology Center bschwartz@houstontech.org Bio: Bob Schwartz, VP and Director of Energy at the Houston Technology Center, has an extensive background in the Energy industry spanning 40 years. Bob has worked for Exxon/Mobil, ConocoPhillips and FMC Technologies in both upstream and downstream functions. He has consulted for companies in the energy and chemical industries as well as consulting in the public sector. Prior to joining the HTC Bob spent 10 years as the Director of the Entrepreneurship

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Energy Technology Venture Forum Friday, September 17, 2004

Concentration at The University of Texas at Austin McCombs Graduate School of Business. He is a partner in Encore Energy LLC. He holds a degree in chemical engineering (Tau Beta Pi) from the University of Oklahoma and an MBA from the Harvard Business School. 1:25 PM Keynote Address: Building the Energy Future: Technology Strategy and the Role of New Ventures Dr. Donald L. Paul Vice President and Chief Technology Officer ChevronTexaco Corporation Bio: Donald L. (Don) Paul is vice president and chief technology officer of ChevronTexaco Corp. He is the corporate officer responsible for ChevronTexaco's three technology companies: Energy Technology, Information Technology and Technology Ventures. In this role, he coordinates their work to accelerate the development and integrated application of technology throughout the company's worldwide business activities. Paul is a member of the Strategy and Planning Committee, Global Issues Committee, Human Resources Committee, and Management Committee. Previously, Paul served as vice president of technology and environmental affairs for Chevron Corp., a position he assumed in 1996. In this role, Paul also was the corporate officer for Chevron's worldwide health, safety and environmental compliance function, that includes Chevron Environmental Management Co. (CEMC), which is responsible for managing

Chevron's environmental remediation efforts at sites throughout the United States. A native of Los Angeles, California, he is a graduate of the Massachusetts Institute of Technology, with a bachelor's degree in applied mathematics, a master's degree in geology and geophysics and a Ph.D. in geophysics. Paul joined the company in 1975 as a research geophysicist with Chevron Oil Field Research Co. (COFRC) in La Habra, California. In his career, Paul has held a variety of management positions of increasing responsibility in both the upstream business and technology, including president of Chevron Petroleum Technology Co., and president of Chevron Canada Resources Ltd., the Canadian oil and gas exploration and production subsidiary of Chevron. Paul is extensively involved in external research and technology management roles with partners, universities, government, and professional technical societies. He is a member of the Society of Exploration Geophysicists, the American Association of Petroleum Geologists and the Society of Petroleum Engineers. He is a member of the external advisory board for the Department of Earth, Atmosphere, and Planetary Sciences of the Massachusetts Institute of Technology and the School of Engineering at the University of Southern California. He has served as past chairman of the Advisory Board for the School of Earth Sciences at Stanford. Paul is a member of the National Research Council of the U.S. National Academy of Science and served on the 1997 Presidential Panel on Federal Energy R&D. On June 6, 2002, Paul testified before the U.S. House of Representatives (Energy and

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Energy Technology Venture Forum Friday, September 17, 2004

Commerce Committee) on the future of advanced energy technologies, including fuel cell technology and is an advisory board member of the FreedomCAR and Fuel Program of the Department of Energy. 1:55 PM New Venture Presentation #1: Micro Seismic Christopher Neale Vice President, Busines Development MicroSeismic, Inc. cneale@microseismicinc.com Summary: MicroSeismic, Inc. is a service company that provides 3-D images of the earth utilizing passive or naturally occurring acoustic energy as a source. We have two product lines: one that maps the static structure of the subsurface as with conventional 3-D seismic, and the other that delineates dynamic, production-related processes occurring within the reservoir. Our passive monitoring is achieved using surface based detection, with a minimum impact on field operations and the environment. Bio: Christopher Neale is Vice President, Business Development for MicroSeismic, Inc., where he is responsible for the adoption of the company's new technologies into the market. Neale spent 18 years with Texaco working and living in Saudi Arabia, China, Scotland, Indonesia and Australia, initially as a reservoir engineer, and subsequently moving into engineering and operations management. Prior to joining MicroSeismic, Inc. in May 2003, he spent two years as the Director of Energy Business Development for the Houston Technology Center

and as Director of Business Development for Cogos Software, Inc. Neale has an undergraduate degree in mechanical engineering from Texas A&M University and an MBA from Rice University. He is a past Chairman of the Saudi Arabia Section of the Society of Petroleum Engineers. 2:10 PM New Venture Presentation #2: Beta Batt, Inc. Larry Gadeken, Ph.D. President BetaBatt, Inc. larrygad@betabatt.com Laura Capper Vice President, Business Development BetaBatt, Inc. lcapper@cap-res.com Summary: BetaBatt makes highly efficient energy capture and electrical power conversion devices, based on its patented 3D micro-architecture combining porous silicon and p-n junctions. The first product is an emission-free nuclear battery with a 20-year lifespan, suitable for medical, space, subsea, sub-terrain and military applications. BetaBatt's novel 3D diode also has unique photovoltaic conversion properties for use in photon detectors, solar cells, and microelectronics. Its products will be commercialized via sponsored manufacturing and licensing arrangements. Bio: Larry Gadeken, BetaBatt's President and Chief Scientific Officer, holds a Ph.D. in experimental nuclear physics from the University of

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Energy Technology Venture Forum Friday, September 17, 2004

Iowa. He spent nearly a quarter century performing research on nuclear techniques for the oil well logging industry where he developed commercial services that generated millions of dollars in revenue. He has also guided and directed research teams in the course of accomplishing specific goals while maintaining budgetary requirements. Dr. Gadeken founded BetaBatt for the purpose of developing a commercially viable nuclear battery based on 3D porous silicon diodes, using radioisotopes that emit no external radiation. Dr. Gadeken has been awarded 17 patents and has published in a number of professional venues. He is a member of the American Physical Society, the American Nuclear Society, the Institute of Electrical and Electronics Engineers and the Society of Professional Well Log Analysts as well as the Rice Alliance for Technology and Entrepreneurship. Bio: Laura Capper, BetaBatt's Vice President of Business Development, is a BSEE from Rice University with a minor in computer science and bioengineering. She brings twenty years of marketing, operations, and business development expertise with technology companies. She is also President and Founder of CAP Resources, a Houston-based consulting firm established in 1994, specializing in increasing shareholder value for over 150 start-up and high-growth companies. Laura has expertise in channel development, market positioning, early stage operations, investor recruitment and financial management. Prior to founding CAP Resources, Laura served as a senior manager in marketing, sales, and operations roles with Advanced Micro Devices and Landmark Graphics (now a Halliburton company). She was founder and Director of ERealty.com, is Chairman of the MIT Enterprise Forum, serves on the Center for Houston's

Future Advisory Board, is a Director of Wallis State Bank, and is an Advisory Board Member to the Houston Technology Center and the Rice Alliance for Technology and Entrepreneurship. 2:25 PM New Venture Presentation #3: Clipper Windpower Stuart Valentine Clipper Windpower Summary: Wind energy is the fastest growing sector of the global electric power generation business, with annual growth averaging 28% for the past twelve years and exceeding $8.5 billion in sales in 2003. In terms of cost of energy (COE) of new generating capacity, wind energy is the only renewable energy competitive with natural gas fired generation. Clipper is a credible, experienced wind industry participant, active in the development of wind power projects and advancing wind power technology for the next generation of wind turbines. Clipper believes it can produce substantial profits and shareholder value through its new patented technology incorporated into the Clipper C-93 "Liberty" wind turbine. This machine, planned for production in 2005, is designed for 2.5 megawatts (MW) of generating capacity with a 93-meter (305 foot) rotor span. This patented technology is expected to reduce the cost of wind-generated electricity by over 17%, thus increasing potential margins by 400-700%, providing a formidable competitive advantage. In recognition of the merits of this advanced technology and for Clipper's highly experienced management and engineering team, the company has been awarded over $10 million in grants

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Energy Technology Venture Forum Friday, September 17, 2004

from the U.S. Department of Energy ("DOE") and the California Energy Commission ("CEC") for the $18.4 million C-93 development program. Bio: Stuart Valentine has been involved at the front line of the energy markets both in energy policy formation and investment for 22 years. Since 1987 Stuart has been in the role of Financial Advisor and broker in the trading of Crude and Natural Gas futures and options contracts. In 1991, he and his partner Hal Masover founded Crown Futures Corp. In year 2000, Stuart expanded the investment opportunities available to his clients by creating Iowa Progressive Asset Management (IPAM). IPAM is a securities firm particularly focused on investment strategies in the domestic energy markets. These include the broad array of domestic and global equity investments with particular focus on domestic Natural Gas and Crude Oil drilling partnerships. IPAM also is involved in exploiting the investment opportunities in corn based Ethanol, Landfill Methane Gas and utility scale Wind Power. Stuart's academic background includes an undergraduate degree in Renewable Energy Engineering and Energy Policy Studies from the Evergreen State College in 1982 and an MBA degree with particular focus on the market implications of the deregulation of the Natural Gas industry from the Maharishi University of Management in 1986.

2:40 PM Networking Break 3:10 PM New Venture Presentation #4: 3DGeo Development, Inc. Alexander Mihai Popovici CEO 3DGeo Development, Inc. mihai@3DGeo.com Summary: 3DGeo is a leading software, data processing and infrastructure provider for the upstream oil and gas industry. Since its founding in 1994 by a Stanford faculty member and two Stanford Ph.D. graduates, 3DGeo has developed a portfolio of proprietary seismic data processing applications and collaborative enterprise infrastructure software. A key 3DGeo product and service is the wave-equation migration imaging and velocity model suite of applications, the first to be provided on an economically feasible, commercial basis in the industry. 3DGeo pioneered this technology which offers an order of magnitude increase in accuracy and resolution over industry-standard methods, and runs 60 times faster than the competing technology. 3DGeo's customers include Apache Corporation, BP, BHP-Billiton, ChevronTexaco, ConocoPhillips, ENI-Agip, Fugro, Ivanhoe Energy, Kerr McGee, Norsk-Hydro, Occidental Petroleum, PetroChina, Petroleos de Venezuela SA, PGS, Shell, Southwestern Energy, Spinnaker Exploration, Total, Unocal. To date 3DGeo has been entirely financed from cash flow and within five years it plans to reach revenues of $72 million. The existing seismic processing market is estimated at $2 billion.

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Energy Technology Venture Forum Friday, September 17, 2004

3DGeo was recognized as one of the Top 100 Innovative Companies by InfoWorld (together with J.P Morgan Chase, Procter & Gamble, United States Army, Fannie Mae, Yahoo, Charles Schwab, General Motors, Daimler Chrysler, etc.), for putting its innovative seismic imaging solutions to creative use, streamlining business processes, reducing costs for clients, and creating new streams of revenue. Bio: Alexander Mihai Popovici is Chief Executive Officer of 3DGeo, a state-of-the-art software, data processing and infrastructure provider for the upstream oil and gas industry. He holds Ph.D. (1995) and M.Sc. (1991) degrees in geophysics from Stanford University, and a B.S. (1985) in geophysical and geological engineering from University of Bucharest, Romania. He escaped from Romania in 1986, crossed two borders at night and spent a year in a refugee camp in Austria. He is a co-founder and has been with 3DGeo since 1995. Dr. Popovici's industry experience includes work in the seismic processing research department for Halliburton Geophysical Services in Dallas and Houston, and EM acquisition and processing contracts with the University of Bucharest, Romania. 3:25 PM New Venture Presentation #5: Emergent Maritime Technology Dr. Keith A. Robinson President/Inventor DrKeith@emergentmaritime.com Summary: Emergent Maritime Technologies, LP is a Houston-based, maritime technology firm dedicated to the creation, development, and

licensing of intellectual property for oil spill prevention and homeland security of maritime vessels and port facilities. Bio: Dr. Keith A. Robinson is one of approximately 200 health practitioners worldwide as a Head, Neck and Oral Cancer Rehabilitation specialist trained at M.D. Anderson Cancer Hospital and Tumor Institute in Houston, Texas. His specialized use of biomechanics in the design and fabrication of facial, oral, and somatoprostheses on patients who have had massive, disfiguring, and debilitating surgery or facial trauma, creates a fertile background for functional engineering creativity. The application of his Bio-mechanical concepts to mechanical objects such as tankers and barges has allowed for new technologies to be designed and patented for the prevention of oil spills following hull breach of vessels through a pre-containment technology known as AquaSafe. Since 9-11-2001, Dr. Robinson has also been actively involved in development of technology for Homeland Security in the area of port counter-terrorism and in concepts to be used in safeguarding LNG tankers from terrorist attack. 3:40 PM New Venture Presentation #6: Network International J. Boyd Heath III Chairman & CEO bheath@networkintl.com Summary: Network International provides a convenient and secure way to buy and sell surplus oil and gas equipment through the Internet. The Company uses its large network of buyers, data-

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Energy Technology Venture Forum Friday, September 17, 2004

base of transaction information and proprietary technology to help its clients achieve maximum returns on their surplus capital equipment. Bio: Prior to joining Network International, Mr. Heath was a Vice President of EnCap Investments L.C., an institutional funds management firm focused on private equity investments in the oil and gas sector. During his tenure at EnCap, he was involved in the structuring and management of numerous investments in both public and private companies. Prior to EnCap, Mr. Heath worked for Koch Industries where he focused on acquisitions in the midstream, petrochemical, and power sectors. Mr. Heath began his career as a member of Chase Manhattan Bank's (now J.P. Morgan) Global Energy Group, where he structured senior and subordinated debt offerings, both public and private, and advised clients on acquisition and divestiture opportunities. Mr. Heath graduated from The University of Texas, where he received a B.B.A. 3:55 PM Investor Panel: "Financing Energy Technology Startups" Elliot Bouillon General Partner Murphree Venture Partners ebouillon@murphreeventurepartners.com Bio: Elliott Bouillion is a General Partner at Murphree Venture Partners, a leading venture capital firm focused primarily in the south and southwestern U.S. regions. Murphree invests in technology enterprises such as internet infrastructure and application software, life sciences, telecommunications, optical/semiconductor

devices and energy technologies. As a General Partner, Bouillion serves as an investor, as well as a technology and business advisor providing consultation to early stage growth companies and venture capitalists. He currently serves on the board of directors of Object Reservoir and Anark Corporation and previously served on the boards of FRx Software, Inc. and Ischemia Technologies. Bouillion joined Murphree Venture Partners in 2000, from Avalon Imaging, Inc. where he was CEO of this leading machine vision supplier for the plastics industry. Prior to that, Bouillion was a founding member of the Landmark Graphics Corporation management team, a leading supplier of interactive computer-aided exploration systems. During his 12-year tenure as corporate Vice President and General Manager, he managed various technology and service divisions in Houston and London. Landmark completed an IPO in 1988, experienced revenue growth of more than $190 million and was later acquired in 1996 by Halliburton. Bouillon also founded Phoenix Computer Graphics, Inc. a manufacturer of advanced interactive high-resolution raster display controllers. Bouillion received a Bachelor's of Science degree in Electrical Engineering from the University of Southwestern Louisiana in 1979. Company Description: Murphree Venture Partners is a seed and early-stage venture capital firm, making direct equity investments into emerging entrepreneurial enterprises, primarily in the south and southwestern U.S. regions. Murphree Venture Partners invests in high-tech-

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Energy Technology Venture Forum Friday, September 17, 2004

nology enterprises such as Internet infrastructure and application software, life sciences, telecommunications, optical/semiconductor devices, and energy technologies. In addition to these focus areas, Murphree Venture Partners invests in selected low-tech and non-tech endeavors. George King Distinguished Advisor BP America kingge@bp.com Bio: George King has worked 33 years with the BP organization since joining Amoco in 1971. He has been involved with nearly all phases of well completions, stimulations, workover processes and operations applications. He holds the title of Distinguished Advisor. Current activities include mentoring, teaching, field reviews, innovation issues, problem well analysis, intervention designs and general consulting. Degrees include BS in Chemistry, BS in Chem Eng. and MS in Pet. Eng. Technical accomplishments include 3 patents, 51 technical papers, a book on completions and workovers, the Amoco Chairman's Award for technology from Amoco in 1997, Distinguished Lecturer for the SPE during 1985-86, lecturer in the SPE Short Course series in 1999, and Technical Chairman for the SPE Annual meeting in 1992. Company Description: BP is a responsible energy company of 103,000 people working in over 100 countries with well established businesses in Europe, North and South America, Australia and Africa. BP is divided into four main segments: Exploration and Production; Refining and Marketing; Petrochemicals; and Gas, Power and Renewables. BP believes in being performance

driven, innovative, progressive and green in everything we do and say. Michael A. Albosta Manager, Business Development, Emerging Technology ConocoPhillips michael.a.albosta@conocophillips.com Bio: Michael Albosta began his career in Natural Gas Processing on the Management Development Program with ConocoPhillips in Oklahoma. Next, he went to Engineering and Business Development, also in NGP, and worked as District Engineer for Conoco's Louisiana Gas plants. Then went to the Natural Gas Liquids Commercial group where I did logistics and then Trading. Did a few more tours in Business Development where I worked M&A and was Conoco's lead Engineering Recruiter to UT Austin. Then moved to International Crude Oil Trading where I purchased cargo crudes for Refining and also marketed same for Production. Then worked on the COP merger and after that moved over to Emerging Technology. Company Description: ConocoPhillips is an international, integrated energy company known worldwide for its technological expertise in deepwater exploration and production, reservoir management and exploitation, 3-D seismic technology, high-grade petroleum coke upgrading and sulfur removal. In addition, the company is investing in several emerging businesses - fuels technology, gas-toliquids, power generation and emerging technologies - that provide current and potential future growth opportunities. Headquarter in Houston, ConocoPhillips is the

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Energy Technology Venture Forum Friday, September 17, 2004

third largest integrated energy company in the U.S. and the largest refiner in the country. Dan Gleitman Director, Technology Ventures Halliburton Energy Services Group dan.gleitman@halliburton.com Bio: Dan Gleitman is Director, Technology Ventures, for Halliburton Energy Services Group. He started with Halliburton's Sperry-Sun Drilling Services unit 21 years ago, performing mechanical and systems engineering on MWD (measurement-while-drilling) and directional drilling systems. He progressed through engineering and program management, and for the past 9 years has been focused upon technology ventures, including ventures strategy, technical and business diligence, intellectual property, transaction structuring, negotiation, and stewarding. Such ventures have included license-in of key technologies, co-marketing alliances, co-developments, and acquisitions. Dan holds a BS Engineering degree from Cornell University. He is one of the founding sponsors of Houston Technology Center's Energy Program. Company Description: Halliburton, founded in 1919, is one of the world's largest providers of products to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's World Wide Web site can be accessed at www.halliburton.com.

Joel Serface Eastman Ventures jserface@eastman.com Bio: Mr. Serface invests into the convergence of life sciences, energy, environmental, and information technologies. Based in Palo Alto, California, Joel provides Eastman Chemical Company with a strong interface with the venture community, major research universities, and other corporations to source new investment opportunities. Company Description: Eastman Ventures was formed in 1999 to provide a new avenue for growth and innovation at Eastman Chemical Company. Our role as the venture capital arm is to act as a conduit between Eastman and emerging technology opportunities in the venture community. 4:25 PM Feedback Panel Discussion 5:15 PM Networking Reception & Technology Company Showcase Anderson Family Commons 6:30 PM Forum Adjourns

The Rice Alliance and the Houston Technology Center appreciate the gracious support of todays underwriter:

Energy Technology Venture Forum Friday, September 17, 2004

Event Sponsor Organization: Thompson & Knight LLP

Contact Information: Dallas Parker Partner 713-951-5800 www.tklaw.com

Success is built in increments. What we all do every day matters. What we do has mattered at Thompson & Knight LLP for over 117 years. Throughout the Firm's history, our resilience, and our ability and willingness to adapt, have fueled our success. Our dedication to clients defines us well. Today, with over 380 attorneys, the Firm has U.S. offices centered in Texas, and international offices in Europe, Mexico, North Africa, and South America. In addition to providing a wide range of traditional legal services to clients in many industries, the Firm prides itself on the depth of our experience in the energy industry and our ability to successfully resolve our clients' controversies in or out of court. We are one of the world's premier energy firms, with a particular emphasis on energy finance and business transactions. Thompson & Knight consistently makes a positive impact on the people we serve. We influence opinions. We exemplify good citizenship. We foster growth. Through our collective knowledge, our relationships, our high ethics, our team approach, and our dedication to serve, we impact our clients. And our communities. Our governments. Our colleagues. Our families and friends. In short, Thompson & Knight makes an impact.

The Rice Alliance and the Houston Technology Center appreciate the gracious support of todays underwriter:

Energy Technology Venture Forum Friday, September 17, 2004

Host Organization: Rice Alliance for Technology & Entrepreneurship The Rice Alliance for Technology and Entrepreneurship is Rice University's flagship initiative devoted to the support of technology entrepreneurship. The mission of the Rice Alliance is to support the creation of technologybased companies and the commercialization of new technologies in the Houston and Southwest Region. Since its inception in late-1999, the Rice Alliance has assisted in the launch over 145 new technology companies. Rice Alliance companies have raised more than $70 million in early stage funding. The Rice Alliance provides entrepreneurs will a collaborative network and access to the human and financial capital needed for success. Over the past 4 years, the Rice Alliance has conducted over 60 programs attended by over 11,000 individuals. Over 10,000 individuals subscribe to the Rice Alliance Digest email newsletter. The Rice Alliance provides entrepreneurs will a collaborative network and forum for support, education, and exchange of ideas. It provides entrepreneurs access to the human and financial capital needed for success.

Host Organization: Houston Technology Center Houston Technology Center (HTC) is a business accelerator that assists Houston-based emerging technology companies within several key sectors: Energy, Information Technology, Life Sciences, Nanotechnology and NASA technologies (www.houstontech.org). HTC assists emerging technology entrepreneurs by providing in-depth business guidance, including setting operational goals, advising and consulting on strategic business matters, serving as a coach for the entrepreneur, and by facilitating access to capital sources and professional services.

The Rice Alliance and the Houston Technology Center appreciate the gracious support of todays underwriter:

Energy Technology Venture Forum Friday, September 17, 2004

Media Sponsor: Oil & Gas Journal

The Oil & Gas Journal has been the industry authority for news and technology for over 100 years! Industry leaders and analysts have looked to the Oil & Gas Journal as the authority for accurate and helpful information in the petroleum industry, for over 100 years. OGJ is the oil and gas industry's best know, best read and only weekly journal. It covers news and technology, upstream to downstream, delivering critical information to subscribers from the oil patch to the executive boardroom. Editorial Mission Statement "To assure subscribers that they receive all the information they need, in the depth and detail that they need it, to best perform their jobs."

The Rice Alliance and the Houston Technology Center appreciate the gracious support of todays underwriter: