Dr. RG Bailey has a lifetime career in the petroleum industry with extensive engineering, management and senior assignments. He has domestic and international experience in all aspects of the industry both upstream and downstream, with particular Middle East skills, along with U.S. onshore and offshore. Dr. RG Bailey is retired from Exxon, lastly as President, Exxon Arabian Gulf, where he was responsible for all Exxon business interests in the Arabian Gulf region. Currently he serves as Chief Executive Officer of another public company, MCW Energy.

Dr. RG Bailey is a member of Middle East Policy Council and a life member of American Institute of Chemical Engineers, and a noted author and speaker on energy and engineering topics. A native Houstonian, Dr. RG Bailey earned a Bachelor of Science degree in chemical engineering from the University of Houston, a Master of Science degree in chemical engineering from the New Jersey Institute of Technology and a Ph.D. from Columbia Pacific University. He has done post graduate work at Lamar University. He is a registered professional engineer in Texas.

Mike Pugh – Chief Financial Officer, Investment Committee

Mike Pugh is currently the CFO for the Fund. Mr. Pugh has over forty years of extensive experience in financial accounting and administrative management for publicly trading entities, with a concentration in E&P companies both domestic and international. Mr. Pugh held several positions at Devon/Santa Fe Snyder (a multi-national oil and gas E&P company with over 2,000 employees and 40,000 barrels per day production), culminating as International Treasurer. Mr. Pugh also worked as CFO/VP for several E&P startup ventures, where he successfully completed the public offering of securities and oversaw SEC regulatory, reporting and compliance responsibilities (10K, 10-Q, 8-K, Sarbanes-Oxley, etc.). Throughout his career, Mr. Pugh has negotiated several hundred million in funding and credit negotiations with banks and corporation in the energy sector, and he was responsible for several successful acquisitions and dispositions.

Dr. Robert J. Miles – Technical Evaluations for Oil and Gas Exploration Innovations Lead Geophysicist for Exploration Analysis, Investment Committee

LIQUID GREEN TECHNOLOGIES
President, and CEO 2008 – Present

Founded company based on bringing advanced signal processing technology to energy and minerals exploration. Company focuses on Natural Resource Exploration is profitable and expanding rapidly and has international operations in South America in Natural Resource Exploration. Accomplishments include:

• Several international exploration projects that included complete geological and geophysicalanalyses resulted in three new plays in frontier areas.

• Led over 100 geological and geophysical exploration projects across over 25 states in the U.S.Predictive success rate above 85% over the last two years.

• Over 10,000 wells in conventional and unconventional plays analyzed in range of geologicalsituations including carbonates and silicates, sandstones, biogenic (reefal), igneous, and shales.Containment mechanisms range from stratigraphic, alluvial, fault-bound, and structural (folds,grabens, etc.)

• Developed innovative “QuickLook” analysis for O&G exploration. This method comprehensivelycombines a wide range of conventional and unconventional exploration datasets, processingtechniques, and interpretations to reduce exploration risk.

• Co-published several papers on processing remote sensing datasets to maximize informationcontent and insight. Co-published paper on alignment of various geophysical modalities withdifferent spatial characteristics.

HUNT OIL/SEVIN ROSEN FUNDS

Exploration Technical Evaluator and Entrepreneur-in-Residence 2008 – 2009

Lead evaluator in a broad range of exploration technologies including seismic, electromagnetics, radiometrics, thermal, hyperspectral, digital well log reading, and advanced formation mapping techniques. Determined which areas are most cost effective for predicting potential hydrocarbon reservoir presence. Created investment grade startup for venture funding for sponsors in which multi-million dollar investment offer was made (Liquid Green Technologies).

KOCH INDUSTRIES AND VENTURES

General Partner 2001 – 2004

Formulated and led Koch Industries in two new major investment areas: Materials and Exploration Technology. Analyzed and modified Koch Industries’ oil and gas exploration approaches. Wrote technical whitepapers for new exploration technologies, including cost-benefit analysis.
• Sourced, led diligence and customized trials for several oil and gas exploration technologycompanies utilizing a mixture of datasets and mapping technologies for locating oil and gasdeposits. Led to joint venture discussions between an exploration company and Koch E&P Group. Did seed investment.

• Developed Koch Industries energy investment thesis and white papers for materials and exploration technology, including an overview of all emerging technologies and the pros and cons of each.
• Led spinout of intellectual property from Dupont into successful startup, Textronics. Structured entire business plan, built executive team and raised series A. The IP was a basis for a unique product line based on patented conductive textiles for power and signaling. Company raised $6M in series A financing and has launched with first line in bio-monitoring clothing. Company reached profitability in 2007.