Annual Energy Technology Venture Forum

Rice Alliance - Houston Technology Center2nd Annual Energy Technology Venture Forum

“Financing and Launching Emerging Energy Technology Companies”

Jones School, Rice UniversityFriday, September 17, 2004

GOLD / SILVER UNDERWRITERS:

Andrews Kurth LLPAdministaff

Baker Botts LLPBracewell & Patterson LLP

British Consulate-General HoustonChevronTexacoErnst & Young

ESX EngineeringFulbright & Jaworski LLP

Haynes & Boone LLPHewlett-Packard CompanyLocke Liddell & Sapp LLP

McCoy Workplace SolutionsPannell Kerr Forster of Texas

RENTthesite.comSavage Design

Shell Technology VenturesThe Padgett GroupThompson & Knight

Winstead Sechrest & Minick

MEDIA SPONSOR:

EVENT 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 Registration

10:00 - 10:10 AM 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

10:30 - 10:45 AM “Gas Hydrates: Fire in the Ice” - Dr. Walter Chapman

10:45 - 11: 00 AM “SWNT Quantum Wire: Nanostructured Carbon Conductors” - Dr. Howard Schmidt

11:00 - 11: 15 AM “Emerging Sea-Going Natural Gas Transport” - Dr. Michael Economides

Company Updates

11:30 - 11:35 AM Intro: Bob Schwartz, HTC

11:35 - 11:42 AM Davidson Instruments, Rick Lopushansky

11:42 - 11:49 AM SmartPipe, Steve Catha

11:49 - 11:56 AM TerraVici Drilling Solutions, Stuart Schaaf

Noon - 1:00 PM Lunch & Networking

1:00 - 1:10 PM Welcoming Remarks - Rice Alliance

1:10 - 1:20 PM Welcoming Remarks - HTC

1:25 - 1:55 PM Keynote Presentation: “Building the Energy Future: Technology Strategy

and the Role of New Ventures”

Dr. Donald L. Paul, Vice President and Chief Technology Officer

ChevronTexaco Corporation

1:55 - 2:10 PM New Venture Presentation - Micro Seismic

2:10 - 2:25 PM New Venture Presentation - Beta Batt

2:25 - 2:40 PM New Venture Presentation - Clipper Windpower

2:40 - 3:10 PM Networking Break

3:10 - 3:25 PM New Venture Presentation - 3DGeo Development

3:25 - 3:40 PM New Venture Presentation - Emergent Maritime Technology

3:40 - 3:55 PM New Venture Presentation - Network International

3:55 - 4:25 PM Investor Panel: “Financing Energy Technology Start-Up”

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 Feedback Panel

5:15 - 6:30 PM Networking Reception & Company Showcase

Energy Technology Venture ForumFriday, September 17, 2004

The Rice Alliance and the Houston Technology Center appreciate the gracious support of today’s underwriter:

10:00 AM Welcoming Remarks and Agenda

Steven C. Currall, Ph.D.William and Stephanie Sick Professor of

EntrepreneurshipAssociate Professor of Management,

Psychology, and StatisticsFounding Director, Rice Alliance for Technology

and [email protected]

Bio: Dr. Currall has research, teaching, and con-sulting experience in the areas of corporate gov-ernance, emerging technology companies, andnegotiation. He serves on the editorial reviewboard of the Journal of Organizational Behaviorand the Academy of Management Executives. Healso serves on the Boards of BioHouston,Houston Technology Center, and Leadership inMedicine, Inc.

He has been quoted in the New York Times, TheEconomist (UK), Wall Street Journal, LosAngeles Times, Business Week magazine, andCIO Magazine. Currall earned a Ph.D. fromCornell University, a M.Sc. from the LondonSchool of Economics (where he was a RotaryScholar), and a B.A. cum laude from BaylorUniversity.

Brad Burke Managing Director, Rice Alliance for Technology


Bio: Mr. Burke is Managing Director of the RiceAlliance. Most recently, he founded and man-aged the local office of Viant Corporation, a pre-

mier internet consulting firm, delivering internetstrategy, creative design, and web technologyimplementation. Viant went public through anIPO in 1999.

Prior to Viant, Brad was a Principal with CSCIndex, the management consulting division ofComputer Sciences Corporation (CSC). Beforeconsulting, Brad held management positions withExxon Corporation. He received his M.B.A. fromNorthwestern University's Kellogg GraduateSchool of Management and his B.S. fromVanderbilt University.

10:15 AM"Nanostructured Ceramic Membranes:Possible Fuel Cell Applications"

Prof. Mark R. WiesnerProfessor, Department of Civil and Environmental

Engineering and Chemical EngineeringRice [email protected]

Bio: Dr. Mark R. Wiesner is a Professor in theDepartments of Civil and EnvironmentalEngineering, and Chemical Engineering. Dr.Wiesner's research pioneered the application ofmembrane processes to environmental separa-tions and water treatment.

Abstract: Metal oxanes are attractive precursorsfor ceramic membranes, presenting numerousadvantages over traditional sol-gel preparations.In particular, we have fabricated iron-basedceramics from ferroxane nanoparticles with pro-ton transfer properties rivaling those of Nafionmembranes, while able to operate at higher tem-peratures.



10:30 AM"Gas Hydrates: Fire in the Ice"

Professor Walter G. Chapman, Ph.D.Professor of Chemical EngineeringRice [email protected]

Bio: Professor Chapman received his B.S. inChemical Engineering from Clemson Universityand his PhD from Cornell University. Prior tojoining the Rice faculty, he was a ResearchEngineer with Shell. Walter has been a visitingProfessor at the Technical University of Berlinand at the Technical University of Denmark. Hehas received both graduate and undergraduateteaching awards at Rice. Walter was also namedan Outstanding Young Alumni at ClemsonUniversity.Abstract: Natural Gas hydrates are self-assem-bled nano-crystalline materials in which waterforms cagelike structures that trap natural gascomponents. Vast amounts of hydrates occurnaturally in the permafrost and below theseafloor. There is a rapidly growing awarenessof the major importance and wide ranging scopeof these hydrates as a potential fuel supply, inglobal climate change, and in industrial applica-tions. Scientific and commercial impact of theresearch at Rice will be discussed.

10:45 AM"SWNT Quantum Wire: NanostructuredCarbon Conductors"

Howard K. Schmidt, Ph.D.Executive DirectorCarbon Nanotechnology LaboratoryRice University

Bio: Dr. Howard K. Schmidt joined the CarbonNanotechnology Laboratory at Rice University asExecutive Director in September, 2003, with thecharter of growing the CNL program and staff "tomake Buckytubes be all they can be." He isresponsible for financial matters and contractexecution for projects within CNL. He also leadsthe Laboratory's marketing efforts, and con-tributes to technical work and project manage-ment.

Abstract: Single-Wall Carbon Nanotubes (SWNT)have remarkable mechanical, structural, thermaland electrical properties. Among many potentialapplications, CNL maintains a focuse on devel-oping advanced electrical conductors comprisedof quasi-crystalline arrays of metallic SWNTfibers. Such 'quantum wires' could well replacecopper, with up to ten-fold greater conductivityand six-fold less weight. Key applications spanmicro-electronic inter-connect, through space-based electrical power transmission compo-nents.

11:00 AM “Emerging Sea-Going Natural GasTransport”

Michael J. EconomidesProfessor, Cullen College of EngineeringUniversity of [email protected]

Bio: Michael J. Economides is an engineeringprofessor at University of Houston, and the CTOof the Texas Energy Center. Publications include11 books and 200 journal papers and articles.Economides does a wide range of industrial con-sulting, including major retainers by national oilcompanies and by Fortune 500 companies. He



has had professional activities in over 70 coun-tries.

Abstract: Four sea-going natural gas transporttechnologies are discussed: liquefied natural gas(LNG), compressed natural gas (CNG), sub seapipelines (PNG), and natural gas-to-liquid (GTL)conversion. Technical, conceptual, and actualgas-transport projects are analyzed. These func-tions are then integrated into a model, which isused to determine the economic constraints of anumber of developments that cover a range ofgas rates and shipping distances.

11:30 AMCompany Updates: Introduction

Bob SchwartzVice President and Director of EnergyHouston Technology [email protected]

Bio: Bob Schwartz, VP and Director of Energy atthe Houston Technology Center, has an exten-sive background in the Energy industry spanning40 years. Bob has worked for Exxon/Mobil,ConocoPhillips and FMC Technologies in bothupstream and downstream functions. He hasconsulted for companies in the energy and chem-ical industries as well as consulting in the publicsector. Prior to joining the HTC Bob spent 10years as the Director of the EntrepreneurshipConcentration at The University of Texas atAustin McCombs Graduate School of Business.He is a partner in Encore Energy LLC. He holdsa degree in chemical engineering (Tau Beta Pi)from the University of Oklahoma and an MBAfrom the Harvard Business School.

11:35 AMDavidson InstrumentsRichard LopushanskyPresident and CEODavidson [email protected]

Bio: Richard L. Lopushansky, Davidson’sPresident and CEO, has twenty-eight (28) yearsof experience in the development of technology-based businesses serving government and indus-try and has a strong background in engineering,manufacturing, and marketing. He has started,developed, and managed other successful busi-nesses including a “green field” business thatgenerated $60 million in revenue for the manu-facture of high quality torpedo warhead systemsfor the U.S. Navy, a technical services businessthat served the oil and gas industry, and a con-struction services business that served thetelecommunications industry. Mr. Lopushanskyhas had significant management experience asan employee and consultant working for TheBabcock & Wilcox Company, McDermottInternational, Southwest Research Institute, ShellOil Company, Duke Energy, and the EdisonWelding Institute.

Company Description: Davidson Instruments,Inc., headquartered in Houston, Texas and found-ed in 1995, is a leading supplier of fiber opticsensor solutions for industrial applications. TheCompany has developed a family of fiber opticbased instruments suitable for use in demandingapplications such as power generation, refiningand chemical processing, upstream oil and gasproduction and aerospace. Davidson’s earlyproducts were developed for the Navy and theDepartment of Energy; the Company is nowdeploying commercial sensor systems to monitor



gas turbines, refinery and chemical plantprocesses and down hole oil and gas wellparameters.

Milestones since September 2003:

- Concluded Series A Financing in the amount of$5.25 million.-several contracts with established companies inPower Generation, Oil & Gas and ChemicalRefinery.

11:42 AMSmartPipe

Stephen C. CathaChief Executive OfficerSmart Pipe Company, [email protected]

Bio: Steve was the founder of Pipeliners, Inc.,developer of the U Liner trenchless rehabilitationsystem. Prior to Pipeliners Steve foundedFlexpipe a.k.a.Wellstream, Inc. the first U. S.manufacturer of high-pressure flexible pipe.Before founding Flexpipe Steve spent almost fif-teen years in the steel pipe industry, mostly withArmco Steel/ National Supply.

Company Description: Smart Pipe Company, LPis the developer of the Smart Pipe® liner systemfor low cost restoration of aging high pressureurban pipe lines. Smart Pipe® is a high strengthreinforced thermoplastic pipe (RTP) that:

- Is manufactured and installed as a tight fit linerin an underground pipeline using a portable, sitebased, manufacturing system- Restores the subject pipeline to its full pressurehandling service rating, renews the projected

service life of the subject pipeline- Provides the operator of the pipeline with con-tinuous monitoring and inspection capabilities.

Milestones Since September 2003:

- Obtained $200,000 of "Angel" financing underan agreement requiring us to immediately pre-pare and launch a private placement offering - Housed our company at HTC- Successfully completed our private placementoffering ($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 fabrica-tion of our portable factory- Maintained close contact with our primary cus-tomer targets

11:49 AMTerraVici Drilling Solutions

Stuart SchaafPresidentTerraVici Drilling [email protected]

Bio: Stuart is the founder of TerraVici DrillingSolutions. Stuart previously worked withSchlumberger Oilfield Services for 12 years invarious operational, engineering and manage-ment roles. These roles included responsibilityfor the development of advanced drilling systemsincluding rotary steerable systems. Stuart holds 8patents in this field. After leaving Schlumberger, Stuart createdInterSyn Technologies and developed an engi-neering methodology for identifying cross-indus-try technology transfer opportunities. TerraVici



was spun out of InterSyn to focus on the devel-opment of next generation oilfield technologies.Stuart joined TerraVici as president and CTO.

In addition to his technical knowledge, Stuart has10 years of entrepreneurial experience havingdeveloped three business ventures. Stuart holdstwo degrees including M.S.E.E. (MarquetteUniversity), and B.S.E.E. (University ofWisconsin).

Company Description: TerraVici provides lowcost, high performance drilling solutions to theOil and Gas Industry. Through implementation ofproven CVT technologies, TerraVici has beenable to develop a low cost rotary steerable sys-tem design that will outperform available rotarysteerable systems on drilling performance for afraction of the price.

In 2005, TerraVici will introduce the rotary steer-able system into market through licensing agree-ments. TerraVici will continue to develop tech-nologies for the Oil and Gas Industry includingother low cost CVT based technology applica-tions.

Milestones Since September 2003:

- Raised $750,000 in private fundingSecured worldwide field of use license for CVTdesign- Provided proof of concept for CVT to act ascontrol mechanism in Rotary Steerable SystemCompleted concept design, initiated final detaileddesign- Attracted industry player as minority investorand potential licensee

NoonNetworking and Boxed Lunches Anderson Family Commons

1:00 PMWelcoming Remarks and Agenda

Steven C. Currall, Ph.D.William and Stephanie Sick Professor of

EntrepreneurshipAssociate Professor of Management,

Psychology, and StatisticsFounding Director, Rice Alliance for Technology


Brad Burke Managing DirectorRice Alliance for Technology and

[email protected]

1:10 PMWelcoming Remarks and Agenda

Bob SchwartzVice President and Director of EnergyHouston Technology [email protected]

Bio: Bob Schwartz, VP and Director of Energy atthe Houston Technology Center, has an exten-sive background in the Energy industry spanning40 years. Bob has worked for Exxon/Mobil,ConocoPhillips and FMC Technologies in bothupstream and downstream functions. He hasconsulted for companies in the energy andchemical industries as well as consulting in thepublic sector. Prior to joining the HTC Bob spent10 years as the Director of the Entrepreneurship



Concentration at The University of Texas atAustin McCombs Graduate School of Business.He is a partner in Encore Energy LLC. He holdsa degree in chemical engineering (Tau Beta Pi)from the University of Oklahoma and an MBAfrom the Harvard Business School.

1:25 PMKeynote Address:Building the Energy Future:Technology Strategy and the Role of New Ventures

Dr. Donald L. PaulVice President and Chief Technology OfficerChevronTexaco Corporation

Bio: Donald L. (Don) Paul is vice president andchief technology officer of ChevronTexaco Corp.He is the corporate officer responsible forChevronTexaco's three technology companies:Energy Technology, Information Technology andTechnology Ventures. In this role, he coordinatestheir work to accelerate the development andintegrated application of technology throughoutthe company's worldwide business activities.Paul is a member of the Strategy and PlanningCommittee, Global Issues Committee, HumanResources Committee, and ManagementCommittee.

Previously, Paul served as vice president of tech-nology and environmental affairs for ChevronCorp., a position he assumed in 1996. In thisrole, Paul also was the corporate officer forChevron's worldwide health, safety and environ-mental compliance function, that includesChevron Environmental Management Co.(CEMC), which is responsible for managing

Chevron's environmental remediation efforts atsites throughout the United States.

A native of Los Angeles, California, he is a grad-uate of the Massachusetts Institute ofTechnology, with a bachelor's degree in appliedmathematics, a master's degree in geology andgeophysics and a Ph.D. in geophysics.

Paul joined the company in 1975 as a researchgeophysicist with Chevron Oil Field ResearchCo. (COFRC) in La Habra, California. In hiscareer, Paul has held a variety of managementpositions of increasing responsibility in both theupstream business and technology, includingpresident of Chevron Petroleum Technology Co.,and president of Chevron Canada ResourcesLtd., the Canadian oil and gas exploration andproduction subsidiary of Chevron.

Paul is extensively involved in external researchand technology management roles with partners,universities, government, and professional tech-nical societies. He is a member of the Society ofExploration Geophysicists, the AmericanAssociation of Petroleum Geologists and theSociety of Petroleum Engineers. He is a memberof the external advisory board for the Departmentof Earth, Atmosphere, and Planetary Sciences ofthe Massachusetts Institute of Technology andthe School of Engineering at the University ofSouthern California. He has served as pastchairman of the Advisory Board for the School ofEarth Sciences at Stanford. Paul is a member ofthe National Research Council of the U.S.National Academy of Science and served on the1997 Presidential Panel on Federal Energy R&D.On June 6, 2002, Paul testified before the U.S.House of Representatives (Energy and



Commerce Committee) on the future ofadvanced energy technologies, including fuel celltechnology and is an advisory board member ofthe FreedomCAR and Fuel Program of theDepartment of Energy.

1:55 PMNew Venture Presentation #1:Micro Seismic

Christopher NealeVice President, Busines DevelopmentMicroSeismic, [email protected]

Summary: MicroSeismic, Inc. is a service compa-ny that provides 3-D images of the earth utilizingpassive or naturally occurring acoustic energy asa source. We have two product lines: one thatmaps the static structure of the subsurface aswith conventional 3-D seismic, and the other thatdelineates dynamic, production-related process-es occurring within the reservoir. Our passivemonitoring is achieved using surface baseddetection, with a minimum impact on field opera-tions and the environment.

Bio: Christopher Neale is Vice President,Business Development for MicroSeismic, Inc.,where he is responsible for the adoption of thecompany's new technologies into the market.Neale spent 18 years with Texaco working andliving in Saudi Arabia, China, Scotland, Indonesiaand Australia, initially as a reservoir engineer,and subsequently moving into engineering andoperations management. Prior to joiningMicroSeismic, Inc. in May 2003, he spent twoyears as the Director of Energy BusinessDevelopment for the Houston Technology Center

and as Director of Business Development forCogos Software, Inc. Neale has an undergradu-ate degree in mechanical engineering from TexasA&M University and an MBA from RiceUniversity. He is a past Chairman of the SaudiArabia Section of the Society of PetroleumEngineers.

2:10 PMNew Venture Presentation #2:Beta Batt, Inc.

Larry Gadeken, Ph.D.PresidentBetaBatt, Inc. [email protected]

Laura CapperVice President, Business DevelopmentBetaBatt, [email protected]

Summary: BetaBatt makes highly efficient energycapture and electrical power conversion devices,based on its patented 3D micro-architecturecombining porous silicon and p-n junctions. Thefirst product is an emission-free nuclear batterywith a 20-year lifespan, suitable for medical,space, subsea, sub-terrain and military applica-tions. BetaBatt's novel 3D diode also has uniquephotovoltaic conversion properties for use inphoton detectors, solar cells, and microelectron-ics. Its products will be commercialized via spon-sored manufacturing and licensing arrange-ments.

Bio: Larry Gadeken, BetaBatt's President andChief Scientific Officer, holds a Ph.D. in experi-mental nuclear physics from the University of



Iowa. He spent nearly a quarter century perform-ing research on nuclear techniques for the oilwell logging industry where he developed com-mercial services that generated millions of dol-lars in revenue. He has also guided and directedresearch teams in the course of accomplishingspecific goals while maintaining budgetaryrequirements. Dr. Gadeken founded BetaBatt forthe purpose of developing a commercially viablenuclear battery based on 3D porous silicondiodes, using radioisotopes that emit no externalradiation. Dr. Gadeken has been awarded 17patents and has published in a number of profes-sional venues. He is a member of the AmericanPhysical Society, the American Nuclear Society,the Institute of Electrical and ElectronicsEngineers and the Society of Professional WellLog Analysts as well as the Rice Alliance forTechnology and Entrepreneurship.

Bio: Laura Capper, BetaBatt's Vice President ofBusiness Development, is a BSEE from RiceUniversity with a minor in computer science andbioengineering. She brings twenty years of mar-keting, operations, and business developmentexpertise with technology companies. She is alsoPresident and Founder of CAP Resources, aHouston-based consulting firm established in1994, specializing in increasing shareholdervalue for over 150 start-up and high-growth com-panies. Laura has expertise in channel develop-ment, market positioning, early stage operations,investor recruitment and financial management.Prior to founding CAP Resources, Laura servedas a senior manager in marketing, sales, andoperations roles with Advanced Micro Devicesand Landmark Graphics (now a Halliburton com-pany). She was founder and Director of E-Realty.com, is Chairman of the MIT EnterpriseForum, serves on the Center for Houston's

Future Advisory Board, is a Director of WallisState Bank, and is an Advisory Board Member tothe Houston Technology Center and the RiceAlliance for Technology and Entrepreneurship.

2:25 PMNew Venture Presentation #3:Clipper Windpower

Stuart ValentineClipper Windpower

Summary: Wind energy is the fastest growingsector of the global electric power generationbusiness, with annual growth averaging 28% forthe past twelve years and exceeding $8.5 billionin sales in 2003. In terms of cost of energy(COE) of new generating capacity, wind energyis the only renewable energy competitive withnatural gas fired generation.

Clipper is a credible, experienced wind industryparticipant, active in the development of windpower projects and advancing wind power tech-nology for the next generation of wind turbines.Clipper believes it can produce substantial profitsand shareholder value through its new patentedtechnology incorporated into the Clipper C-93"Liberty" wind turbine. This machine, planned forproduction in 2005, is designed for 2.5megawatts (MW) of generating capacity with a93-meter (305 foot) rotor span. This patentedtechnology is expected to reduce the cost ofwind-generated electricity by over 17%, thusincreasing potential margins by 400-700%, pro-viding a formidable competitive advantage. Inrecognition of the merits of this advanced tech-nology and for Clipper's highly experienced man-agement and engineering team, the companyhas been awarded over $10 million in grants



from the U.S. Department of Energy ("DOE") andthe California Energy Commission ("CEC") forthe $18.4 million C-93 development program.

Bio: Stuart Valentine has been involved at thefront line of the energy markets both in energypolicy formation and investment for 22 years.Since 1987 Stuart has been in the role ofFinancial Advisor and broker in the trading ofCrude and Natural Gas futures and optionscontracts. In 1991, he and his partner HalMasover founded Crown Futures Corp. In year2000, Stuart expanded the investment opportuni-ties available to his clients by creatingIowa Progressive Asset Management (IPAM).IPAM is a securities firm particularly focusedon investment strategies in the domestic energymarkets. These include the broad array ofdomestic and global equity investments with par-ticular focus on domestic Natural Gas andCrude Oil drilling partnerships. IPAM also isinvolved in exploiting the investmentopportunities in corn based Ethanol, LandfillMethane Gas and utility scale Wind Power.

Stuart's academic background includes an under-graduate degree in Renewable EnergyEngineering and Energy Policy Studies from theEvergreen State College in 1982 and an MBAdegree with particular focus on the market impli-cations of the deregulation of theNatural Gas industry from the MaharishiUniversity of Management in 1986.

2:40 PMNetworking Break

3:10 PMNew Venture Presentation #4:3DGeo Development, Inc.

Alexander Mihai PopoviciCEO3DGeo Development, [email protected]

Summary: 3DGeo is a leading software, dataprocessing and infrastructure provider for theupstream oil and gas industry. Since its foundingin 1994 by a Stanford faculty member and twoStanford Ph.D. graduates, 3DGeo has developeda portfolio of proprietary seismic data processingapplications and collaborative enterprise infra-structure software. A key 3DGeo product andservice is the wave-equation migration imagingand velocity model suite of applications, the firstto be provided on an economically feasible, com-mercial basis in the industry. 3DGeo pioneeredthis technology which offers an order of magni-tude increase in accuracy and resolution overindustry-standard methods, and runs 60 timesfaster than the competing technology.

3DGeo's customers include Apache Corporation,BP, BHP-Billiton, ChevronTexaco,ConocoPhillips, ENI-Agip, Fugro, IvanhoeEnergy, Kerr McGee, Norsk-Hydro, OccidentalPetroleum, PetroChina, Petroleos de VenezuelaSA, PGS, Shell, Southwestern Energy, SpinnakerExploration, Total, Unocal. To date 3DGeo hasbeen entirely financed from cash flow and withinfive years it plans to reach revenues of $72 mil-lion. The existing seismic processing market isestimated at $2 billion.



3DGeo was recognized as one of the Top 100Innovative Companies by InfoWorld (togetherwith J.P Morgan Chase, Procter & Gamble,United States Army, Fannie Mae, Yahoo, CharlesSchwab, General Motors, Daimler Chrysler, etc.),for putting its innovative seismic imaging solu-tions to creative use, streamlining businessprocesses, reducing costs for clients, and creating new streams of revenue.

Bio: Alexander Mihai Popovici is Chief ExecutiveOfficer of 3DGeo, a state-of-the-art software,data processing and infrastructure provider forthe upstream oil and gas industry. He holdsPh.D. (1995) and M.Sc. (1991) degrees in geo-physics from Stanford University, and a B.S.(1985) in geophysical and geological engineeringfrom University of Bucharest, Romania. Heescaped from Romania in 1986, crossed two bor-ders at night and spent a year in a refugee campin Austria. He is a co-founder and has been with3DGeo since 1995. Dr. Popovici's industry expe-rience includes work in the seismic processingresearch department for Halliburton GeophysicalServices in Dallas and Houston, and EM acquisi-tion and processing contracts with the Universityof Bucharest, Romania.

3:25 PMNew Venture Presentation #5:Emergent Maritime Technology

Dr. Keith A. RobinsonPresident/[email protected]

Summary: Emergent Maritime Technologies, LPis a Houston-based, maritime technology firmdedicated to the creation, development, and

licensing of intellectual property for oil spill pre-vention and homeland security of maritime ves-sels and port facilities.

Bio: Dr. Keith A. Robinson is one of approximate-ly 200 health practitioners worldwide as a Head,Neck and Oral Cancer Rehabilitation specialisttrained at M.D. Anderson Cancer Hospital andTumor Institute in Houston, Texas. His special-ized use of biomechanics in the design and fabri-cation of facial, oral, and somatoprostheses onpatients who have had massive, disfiguring, anddebilitating surgery or facial trauma, creates afertile background for functional engineering cre-ativity. The application of his Bio-mechanicalconcepts to mechanical objects such as tankersand barges has allowed for new technologies tobe designed and patented for the prevention ofoil spills following hull breach of vessels througha pre-containment technology known asAquaSafe. Since 9-11-2001, Dr. Robinson hasalso been actively involved in development oftechnology for Homeland Security in the area ofport counter-terrorism and in concepts to be usedin safeguarding LNG tankers from terroristattack.

3:40 PMNew Venture Presentation #6:Network International

J. Boyd Heath IIIChairman & [email protected]

Summary: Network International provides a con-venient and secure way to buy and sell surplusoil and gas equipment through the Internet. TheCompany uses its large network of buyers, data-



base of transaction information and proprietarytechnology to help its clients achieve maximumreturns on their surplus capital equipment.

Bio: Prior to joining Network International, Mr.Heath was a Vice President of EnCapInvestments L.C., an institutional funds manage-ment firm focused on private equity investmentsin the oil and gas sector. During his tenure atEnCap, he was involved in the structuring andmanagement of numerous investments in bothpublic and private companies. Prior to EnCap,Mr. Heath worked for Koch Industries where hefocused on acquisitions in the midstream, petro-chemical, and power sectors. Mr. Heath beganhis career as a member of Chase ManhattanBank's (now J.P. Morgan) Global Energy Group,where he structured senior and subordinateddebt offerings, both public and private, andadvised clients on acquisition and divestitureopportunities. Mr. Heath graduated from TheUniversity of Texas, where he received a B.B.A.

3:55 PMInvestor Panel:"Financing Energy Technology Start-ups"

Elliot BouillonGeneral PartnerMurphree Venture [email protected]

Bio: Elliott Bouillion is a General Partner atMurphree Venture Partners, a leading venturecapital firm focused primarily in the south andsouthwestern U.S. regions. Murphree invests intechnology enterprises such as internet infra-structure and application software, life sciences,telecommunications, optical/semiconductor

devices and energy technologies.

As a General Partner, Bouillion serves as aninvestor, as well as a technology and businessadvisor providing consultation to early stagegrowth companies and venture capitalists. Hecurrently serves on the board of directors ofObject Reservoir and Anark Corporation and pre-viously served on the boards of FRx Software,Inc. and Ischemia Technologies.

Bouillion joined Murphree Venture Partners in2000, from Avalon Imaging, Inc. where he wasCEO of this leading machine vision supplier forthe plastics industry. Prior to that, Bouillion wasa founding member of the Landmark GraphicsCorporation management team, a leading suppli-er of interactive computer-aided exploration sys-tems. During his 12-year tenure as corporateVice President and General Manager, he man-aged various technology and service divisions inHouston and London. Landmark completed anIPO in 1988, experienced revenue growth ofmore than $190 million and was later acquired in1996 by Halliburton. Bouillon also foundedPhoenix Computer Graphics, Inc. a manufacturerof advanced interactive high-resolution rasterdisplay controllers.

Bouillion received a Bachelor's of Sciencedegree in Electrical Engineering from theUniversity of Southwestern Louisiana in 1979.

Company Description: Murphree VenturePartners is a seed and early-stage venture capi-tal firm, making direct equity investments intoemerging entrepreneurial enterprises, primarily inthe south and southwestern U.S. regions.

Murphree Venture Partners invests in high-tech-



nology enterprises such as Internet infrastructureand application software, life sciences, telecom-munications, optical/semiconductor devices, andenergy technologies. In addition to these focusareas, Murphree Venture Partners invests inselected low-tech and non-tech endeavors.

George KingDistinguished AdvisorBP [email protected]

Bio: George King has worked 33 years with theBP organization since joining Amoco in 1971. Hehas been involved with nearly all phases of wellcompletions, stimulations, workover processesand operations applications. He holds the title ofDistinguished Advisor. Current activities includementoring, teaching, field reviews, innovationissues, problem well analysis, interventiondesigns and general consulting. Degrees includeBS in Chemistry, BS in Chem Eng. and MS inPet. Eng.Technical accomplishments include 3 patents, 51technical papers, a book on completions andworkovers, the Amoco Chairman's Award fortechnology from Amoco in 1997, DistinguishedLecturer for the SPE during 1985-86, lecturer inthe SPE Short Course series in 1999, andTechnical Chairman for the SPE Annual meetingin 1992.

Company Description: BP is a responsible ener-gy company of 103,000 people working in over100 countries with well established businesses inEurope, North and South America, Australia andAfrica. BP is divided into four main segments:Exploration and Production; Refining andMarketing; Petrochemicals; and Gas, Power andRenewables. BP believes in being performance

driven, innovative, progressive and green ineverything we do and say.

Michael A. AlbostaManager, Business Development, Emerging

[email protected]

Bio: Michael Albosta began his career in NaturalGas Processing on the ManagementDevelopment Program with ConocoPhillips inOklahoma. Next, he went to Engineering andBusiness Development, also in NGP, and workedas District Engineer for Conoco's Louisiana Gasplants. Then went to the Natural Gas LiquidsCommercial group where I did logistics and thenTrading. Did a few more tours in BusinessDevelopment where I worked M&A and wasConoco's lead Engineering Recruiter to UTAustin. Then moved to International Crude OilTrading where I purchased cargo crudes forRefining and also marketed same for Production.Then worked on the COP merger and after thatmoved over to Emerging Technology.

Company Description: ConocoPhillips is an inter-national, integrated energy company knownworldwide for its technological expertise in deep-water exploration and production, reservoir man-agement and exploitation, 3-D seismic technolo-gy, high-grade petroleum coke upgrading andsulfur removal. In addition, the company is investing in severalemerging businesses - fuels technology, gas-to-liquids, power generation and emerging tech-nologies - that provide current and potentialfuture growth opportunities.

Headquarter in Houston, ConocoPhillips is the



third largest integrated energy company in theU.S. and the largest refiner in the country.

Dan GleitmanDirector, Technology VenturesHalliburton Energy Services [email protected]

Bio: Dan Gleitman is Director, TechnologyVentures, for Halliburton Energy Services Group.He started with Halliburton's Sperry-Sun DrillingServices unit 21 years ago, performing mechani-cal and systems engineering on MWD (measure-ment-while-drilling) and directional drilling sys-tems. He progressed through engineering andprogram management, and for the past 9 yearshas been focused upon technology ventures,including ventures strategy, technical and busi-ness diligence, intellectual property, transactionstructuring, negotiation, and stewarding. Suchventures have included license-in of key tech-nologies, co-marketing alliances, co-develop-ments, and acquisitions. Dan holds a BSEngineering degree from Cornell University. Heis one of the founding sponsors of HoustonTechnology Center's Energy Program.

Company Description: Halliburton, founded in1919, is one of the world's largest providers ofproducts to the petroleum and energy industries.The company serves its customers with a broadrange of products and services through itsEnergy Services Group and Engineering andConstruction Group business segments. Thecompany's World Wide Web site can beaccessed at www.halliburton.com.

Joel SerfaceEastman [email protected]

Bio: Mr. Serface invests into the convergence oflife sciences, energy, environmental, and infor-mation technologies. Based in Palo Alto,California, Joel provides Eastman ChemicalCompany with a strong interface with the venturecommunity, major research universities, andother corporations to source new investmentopportunities.

Company Description: Eastman Ventures wasformed in 1999 to provide a new avenue forgrowth and innovation at Eastman ChemicalCompany. Our role as the venture capital arm isto act as a conduit between Eastman and emerg-ing technology opportunities in the venture com-munity.

4:25 PMFeedback Panel Discussion

5:15 PMNetworking Reception & TechnologyCompany Showcase Anderson Family Commons

6:30 PMForum Adjourns



Event Sponsor Organization:Thompson & Knight LLP

Success is built in increments. What we all doevery day matters. What we do has mattered atThompson & Knight LLP for over 117 years.Throughout the Firm's history, our resilience, andour ability and willingness to adapt, have fueledour success. Our dedication to clients defines uswell.

Today, with over 380 attorneys, the Firm hasU.S. offices centered in Texas, and internationaloffices in Europe, Mexico, North Africa, andSouth America. In addition to providing a widerange of traditional legal services to clients inmany industries, the Firm prides itself on thedepth of our experience in the energy industryand our ability to successfully resolve our clients'controversies in or out of court. We are one ofthe world's premier energy firms, with a particularemphasis on energy finance and business trans-actions.

Thompson & Knight consistently makes a posi-tive impact on the people we serve. We influenceopinions. We exemplify good citizenship. We fos-ter growth. Through our collective knowledge,our relationships, our high ethics, our teamapproach, and our dedication to serve, weimpact our clients. And our communities. Ourgovernments. Our colleagues. Our families andfriends. In short, Thompson & Knight makes animpact.

Contact Information:Dallas ParkerPartner713-951-5800www.tklaw.com



Host Organization:Rice Alliance for Technology &Entrepreneurship

The Rice Alliance for Technology andEntrepreneurship is Rice University's flagship ini-tiative devoted to the support of technologyentrepreneurship. The mission of the RiceAlliance is to support the creation of technology-based companies and the commercialization ofnew technologies in the Houston and SouthwestRegion.

Since its inception in late-1999, the Rice Alliancehas assisted in the launch over 145 new technol-ogy companies. Rice Alliance companies haveraised more than $70 million in early stage fund-ing.

The Rice Alliance provides entrepreneurs will acollaborative network and access to the humanand financial capital needed for success. Overthe past 4 years, the Rice Alliance has conduct-ed over 60 programs attended by over 11,000individuals. Over 10,000 individuals subscribe tothe Rice Alliance Digest email newsletter.

The Rice Alliance provides entrepreneurs will acollaborative network and forum for support, edu-cation, and exchange of ideas. It provides entre-preneurs access to the human and financial capi-tal needed for success.

Host Organization:Houston Technology Center

Houston Technology Center (HTC) is a businessaccelerator that assists Houston-based emergingtechnology companies within several key sec-tors: Energy, Information Technology, LifeSciences, Nanotechnology and NASA technolo-gies (www.houstontech.org).

HTC assists emerging technology entrepreneursby providing in-depth business guidance, includ-ing setting operational goals, advising and con-sulting on strategic business matters, serving asa coach for the entrepreneur, and by facilitatingaccess to capital sources and professional serv-ices.



Media Sponsor:Oil & Gas Journal

The Oil & Gas Journal has been the industryauthority for news and technology for over 100years!

Industry leaders and analysts have looked to theOil & Gas Journal as the authority for accurateand helpful information in the petroleum industry,for over 100 years.

OGJ is the oil and gas industry's best know, bestread and only weekly journal. It covers newsand technology, upstream to downstream, deliv-ering critical information to subscribers from theoil patch to the executive boardroom.

Editorial Mission Statement"To assure subscribers that they receive all theinformation they need, in the depth and detailthat they need it, to best perform their jobs."

Date post:	21-Feb-2015
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Annual Energy Technology Venture Forum

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