PRC Subcontractors for the International Oil & Gas Industry February, 2010

1. Chinese EPC Solutions for Offshore Engineering PRC Subcontractors for the International Oil & Gas Industry February, 2010 EPC Presentation Template Ver. 2-2-10

2. Introduction We are here to understand the requirements of your EPC business that can be met by our portfolio of Chinese companies. In turn, we will create and then propose solutions that could meet these needs. If these solutions interest you, then we will work with you and our Chinese partners to initiate a long-term relationship development process.

3. Who We Are • Brian Walker, B.S.,M.S.F.S, Leon Pacific Consulting • Former Risk Manager for Kerr-McGee and Anadarko • Degrees from Baylor and Georgetown Universities • 15 years experience in North and Southeast Asia • Major Projects: Peregrino (Brazil), Jubilee (Ghana), Bohai Bay (China) • Fred Yong, AAG • Former General Manager, Shell China Purchasing; set up the department in 2005 and ran it until retiring in 2008 • 30 year veteran of Shell, serving in technical, commercial, and managerial roles in UK, Malaysia, and China, including offshore facilities engineer • Founding member, Petronas • Feng Wang, AAG • Professional supply chain consultant at Price Waterhouse Coopers China and Accenture China, where she was responsible for managing State-owned power industry clients • Member of China’s Economic and Trade Commission’s Small and Midsized Enterprises Promotion Association • Master’s degrees in international business from Tokyo University and Columbia University

4. Who We Are • Serge Aluker, AAG • Project Manager at Philips Supply Chain Management, China, which involved strategic planning and supply market development of 2nd and 3rd tier markets, business intelligence, and analytics • Analyst at U.S. Foreign Commercial Service, Shanghai, providing market entry services • Lecturer at Wuhan University of Technology in business analytics and information visualization • Jeremy Haft, AAG • Founding partner in 1998 of Ningbo-based industrial sourcing firm, BChinaB Inc. • Author, “All the Tea in China: How to Buy, Sell, and Make Money on the Mainland” {Penguin, 2007), and featured China commentator in The Wall Street Journal, The Financial Times, NPR, CNN, CNBC, Fox, NBC, CBS, and ABC. • Member, Council on Foreign Relations • Charles Freeman III, AAG • Former Assistant U.S. Trade Representative (USTR) for China Affairs, the United States’ chief China trade negotiator (2002-2005) • Senior advisor, McLarty and Associates and holder of the Chair in China Studies at the Center for Strategic and International Studies

5. Raising the Bar for China Chinese engineering firms, shipbuilders, steel fabricators, and other O&G related service providers are looking to expand their presence in the international markets. They have been subcontracting on projects in Asia, British North Sea , Gulf of Mexicoand the Middle East for international companies and are hungry for world-class opportunities. We can customize their capacities to fit your needs.

6. Trust, Competency, Integrity Our View is for the Long-Term In the O&G industry, trust is hard-earned and even harder to keep. Cultural and language barriers are difficult to overcome. We are here to bridge this gap and create the relationships that place trust, competency and integrity as the highest priority.

7. Portfolio CompanyShanghai Waigaoqiao Shipbuilding Co., Ltd. Location: Shanghai, China Primary Expertise: Shipbuilding, Offshore Secondary Capabilities: Project management Engineering and design Procurement Planning Construction to commissioning

8. Major Project History: 2007: HaiYangShiYou 981 (6th Gen. DP3 Deepwater Semi Rig) Client: CNOOC 2005: HaiYangShiYou 117 (2million bbl FPSO), Client: ConocoPhillips 2002:HaiYangShiYou 113 (1.2million bbl FPSO), Client: CNOOC 2002:HaiYangShiYou 111 (1million bbl FPSO), Client: CNOOC Web: http://www.chinasws.com/english/

9. Portfolio Company Yantai Raffles Shipyard Limited • Location: Yantai, China • Primary Expertise: Shipbuilding, Offshore Projects • Secondary Capabilities: • Offshore Rigs • Offshore Vessels • Major Project History: • 2008:350-man Accommodation Barge MODU(Mobile Offshore Drilling Unit),"African Caribe",Marine Subsea,Norway

10. 2007: SSP300 Floating,Production,Storage and Offloading Vessel,"Sevan Voyaguer".A Mono-hull circular column shaped FPSO.Sevan Marine,Norway 2006: "Rong Doi MV12",174m Floating,Storage and Offloading Vessel Modec, Japan Web: http://www.yantai-raffles.com/index.php

11. Portfolio Company Shanhaiguan Shipbuilding Industry Co., Ltd. (SHGSIC) • Location: Qinhuangdao, China • Primary Expertise: Shipbuilding, Steel Fabrication • Secondary Capabilities: • Offshore Installation • Construction • Conversion Projects • Major Project History: • 2006-2007: CPOE NO.3 Platform, Client:COPE

12. 2005-2007: No.4 Shengli Work Platform, Client: Shengli Petroleum Administrative Bureau Well Work Branch of China Petrochemical Engineering Corporation. Web: http://www.shgsic.com/scwz/scindex.nsf/index?openform

13. Portfolio CompanyWhale Offshore Engineering Co., Ltd Location: Shenzhen, China Primary Expertise:Project Management, Design of various types of offshore platforms Secondary Capabilities: Feasibility Study Front-End Engineering Design (FEED) Basic Design Detail Design Existing Unit Reevaluation Construction Support Engineering Work Interface With Class

14. Major Project History: 2008: HYSY 936 Project ,Project Type: Detail Design & Shop Design , Class: ABS&CCS 2007: SEVAN 650 Drilling Unit , Project Type: Module Design & Detail Design, CLASS: DNV 2006: “BW ENTERPRISE”FPSO , Client: BW PEMEX , Class: ABS , Project Status: Completed Web: http://www.whalekeppel.com/en/in.asp

15. Portfolio CompanyTianjin Neptune Offshore Engineering Development Co., Ltd（NOED） Location: Tianjin, China Primary Expertise: Steel Fabrication , Design, Test and Control Projects Secondary Capabilities: Offshore Installation Construction Major Project History: 2002: Suction Anchors Installation at WenChang 13-1, 13-2 Oil Field, west of South China Sea , Client: Advanced Production and Loading AS (Norway)

16. 1999: Two Mooring Platforms with Bucket Foundations at JZ9-3 Field , north of Bohai Bay , Client:China Offshore Oil Bohai Company. (COOBC) 1997: The STP Floating Production System at Lufeng 22-1 Field , South China Sea , Client:Advanced Production and Loading AS (Norway) Web: http://www.noedoffshore.com/newEbiz1/EbizPortalFG/portal/html/index.html

17. Portfolio Company SINOPEC Nanjing Engineering Incorporation • Location: Nanjing, China • Primary Expertise: Design, EPC ,Core specialized field construction • Secondary Capabilities: • Projects general contract • Projects management • Engineering service • Engineering consul-ting • Projects supervision by means of EPC or PMC

18. Major Project History: 2009: Saudi Arabia BBTX project, Location: Yanbu industrial city , Client: SABIC 2009:Saudi Arabia EOEG project , Location: Al-Jubail industrial city , Client:Kayan Petrochemical Company Web: http://www.sccpec.com/english/english.asp

19. Portfolio Company Beijing Huafu Engineering Co., Ltd. (HFEC) • Location: Beijing, China • Primary Expertise: Design, EPC ,Core specialized field construction Secondary Capabilities: • Feasibility study, • Technical consultation, • Engineering, • Procurement, • Construction management & supervision, EPC contracting, • Project management to technical services

20. Major Project History: 2007: Technical Improvement for Atmospheric and Vacuum Distillation Liquefied Gas Sweetening for Zhanjiang, Client:Zhanjiang Dongxing Petroleum Enterprise Co., Ltd. 2006: Straight Distillation Gasoline Upgrading Plant for Zhanjiang , Client:Zhanjiang Dongxing Petroleum Enterprise Co., Ltd. Web: http://www.beijinghuafu.com/english/

21. Portfolio CompanyWison Group Location: Shanghai, China Primary Expertise:Provides customers with varieties of professional services and associated products across industries related to oil, gas and coal from upstream to downstream sectors, and to chemicals and cranes. Secondary Capabilities: Feasibility study Engineering consultation, Design, Procurement, Construction management and project overall contracting, Project management, Training and startup

22. Major Project History: 2007: PEMEX Platform drilling rigs , Client: COSL/PEMEX 2009: 800kta Ethylene Plant Project of 800kta Ethylene Expansion Project of Fushun Petrochemical Branch, Client:CNPC 2008: 10 million t/y Russian sour crude oil processing revamp and expansion project, Client: China National Petroleum Corporation (PetroChina) Dalian Petrochemica Web: http://www.wison.com/en/index.php

23. Portfolio CompanyNanjing Yangzi Petrochemical Design Engineering Company Limited(YPDI) Location: Nanjing, China Primary Expertise: Engineering consultation, Design, Contracting Secondary Capabilities: Consultation, Planning , Design, Procurement, Contracting of engineering projects Major Project History:

24. 1997: 600,000 t/y catalytic cracking part Client:YPC 1996: Overal design of 300,000 t/y ethylene project Client:YPC Web:http://www.ypdi.com.cn/

25. Portfolio CompanySINOPEC Shanghai Engineering Co., Ltd. (SSEC) • Location: Shanghai, China • Primary Expertise: Engineering consultation, Design, EPC Contracting • Secondary Capabilities: • Project Initial Planning & Consultation, • Feasibility Study, • General Planning and Engineering Design, • Procurement, • EPC Contracting, • Project Management and Technology Development • Major Project History:

26. 2005:1400KTA Product handling unit, Client: SABIC • 2005:30000m2 Product Packing Storage, Client: SABIC • 2008:900,000m3 Tank Field Project, Client: SINOPEC Web: http://www.ssec.com.cn/

27. Contact Information • Brian Walker, Leon Pacific Consulting • Brian@LeonPacific.com • +1(281)653-8496 • www.leonpacific.com