January 2008

1. UI Energy Corporation Challenge the Future & Change the World January 2008

2. Forward Looking Statements This document includes forward-looking statements. Forward-looking statements are not guarantees of performance. Although UI Energy Corporation believes its expectations reflected in forward-looking statements are based on reasonable assumptions, no assurance can be given that these expectations will be achieved. Important factors that could cause actual results to differ materially from the expectations reflected in the forward-looking statements include, among others: the timing and extent of changes in commodity prices for crude oil, natural gas and related products, foreign currency exchange rates, and interest rates; the timing and impact of liquefied natural gas imports; the extent and effect of any hedging activities engaged in by UI Energy Corporation; the extent of UI Energy Corporation’s gas properties’ the accuracy of reserve estimates, which by their nature involve the exercise of professional judgment and may therefore be imprecise; the availability and cost of drilling rigs, experienced drilling crews, materials and equipment used in well completions, and tubular steel; the availability, terms and timing of governmental and other permits and rights of way; the availability of pipeline transportation capacity; political developments around the world; acts of war and terrorism and responses to these acts; weather; and financial market conditions. In light of these risks, uncertainties and assumptions, the events anticipated by UI Energy corporation’s forward-looking statements might not occur. Forward-looking statements speak only as of the date made and UI Energy Corporation undertakes no obligation to updated or revise its forward-looking statements, whether as a result of new information, future of new information, future events of otherwise.

3. Table of Contents I. Introduction II. Current Business III. Future Business

4. I. Introduction UI Group

5. I. Introduction Joint Venture Partners of UI Energy Bina Bawi (Iraq) Bazian (Iraq) Gulf of Mexico (USA)

6. I. Introduction CorporateStructure

7. I. Introduction

8. II. Current Business Areas of oil exploration and production operation Middle East Iraq Gulf of Mexico West Africa Accra, Ghana

9. II. Current Business Summary of petroleum exploration and development projects

10. II. Current Business Kurdistan Concession Map

11. II. Current Business Summary of petroleum exploration and development projects

12. II. Current Business Other Business

13. III. Future Business Other Business