1. UK/Norway mentoring 16-17 th March Geir Helgesen Sales –Director 1

2. The Abbon value proposition The Abbon performance monitoring system ”Making real-time flow rates per well available in the operation center” Long term contract - CoP Ongoing contract CoP Synergy & Turnkey Solutions Field tests-CoP & Qatar

3. Optimum Online Onshore Operations Center Overview Performance Monitoring Process Trending Analysis Tools 1 2 3 4 Network software Eg. ReO, Prodman GAP HYSYS Assett PipeSim Prosper ABB Siemens Honeywell etc PI or Alternative Optimum Online Optimum Online Other 3

4.  Visualization  Collaboration  Decision support Reporting  Pressure & temperature  Differential pressure  Multi-phase flow rates Measuring Proven and patented solutions for continuous well surveillance 4 Analyzing  Analysis of production data  Verification of models  Validation of allocation scheme Data processing & analytic modeling Field proven solutions for continuous well surveillance

5. Status –Business challenges 5 Where are we now & where are we going? Nov-09 March-2010

6. Status –Business challenges 6 Where are we now? Summary Spent time internally to define the value of the company Meetings with contractors who have a frame agreement with the operators Examples: ABB, Siemens,Halliburton, etc.. Discussed how to cooperate with one of them Meetings with operators on the UK side Have been invited for a 2nd meetings Probing the market for an industrial partner/owner See a need for a WW distribution network One meeting with the Mentor - March

7. Status –Business challenges 7 Where are we going? Focus Contractors with frame agreements – Complementary Operators – gain more info about the offshore fields Be invited to present Abbon’s products in events where enhanced recovery per well is one of the main topics Competitor analysis – Differentiator Products Optimum Online and Optimum Installation are commercial Optimum metering – measurement per well To be taken one step further