Clients: Capital Beneficiaries

On behalf of industry clients, COSCO assists management to understand their distinctive competencies and to hone their business plans. In contrast to almost every other intermediary currently in the market, because the majority of COSCO’s personnel first had careers in the oil and gas industry before joining it, COSCO is in position to understand its industry clients as insiders and to add strategic value at all stages of development. Based now on the thousands of business plans it has seen and the hundreds of clients with which it has worked, COSCO believes its primary contribution is in assisting clients to focus on adding value for its shareholders and, thus, for its management teams.

In the area of finance, COSCO assists industry clients first and foremost to understand and present clearly their own stories, particularly in contrast to their peers. COSCO also assists them to understand their values in the private capital marketplace, to structure private financings for both equity and debt, and then, through its broker-dealer affiliate, to carry them out. COSCO also works with its industry clients to prepare for and complete mergers and acquisitions, to divest individual assets or subsidiaries, and to monetize stock held by stranded stockholders. All of COSCO’s Managing Directors have experience with issues of family succession, and, therefore, COSCO regularly works with family-owned companies to assist in strategic planning and execution. COSCO also advises on capital formation and structure, investment policy, and management issues.

Industry Clients with which COSCO has worked under contract are set out below:

Capital Beneficiaries (Industry Sell Side)
(1996 - 2008)


Client Or Investment Counterparty

Cities

Period
Primary Service Provided

3-D Geo Development Inc.

(California)

2000 - 2001

Corporate Finance (Seismic)

Aavangen Industries Inc.

(Calgary AB)

1998

Corporate Finance, M&A

Action Energy Corporation

(Calgary AB)

2000

Corp. Finance (Shallow Gas Dev)

    2005, 2006 Corp. Finance (Shallow Gas Dev)

Albans Energy Ventures

(Houston TX)

1999

Corporate Finance (GOM)

Amerac Energy Corp.

(Houston TX)

1996

Corporate Finance

American Refining Group

(Pittsburg PA)

2000

Corporate Finance (Refining)

Antrim Energy Inc.

(Calgary AB)

2001 - 2002

Corporate Finance, M&A (Argentina)

ARG Resources

(W. Conshohocken PA)

2001

Corporate Finance (Appalachia)

Arena Energy LLC

(Houston TX)

2000 - 2003
2005

Corporate Finance (GOM)
Strategic Advice (GOM)

Arkana Operating Co. Inc.

(Calgary AB &
Tulsa OK)

1998

Corporate Finance, JV Finance (Arkoma)

Athena Energy LLC

(Billings MT)

2000 - 2001

Corporate Finance, JV Finance (Montana)

Aurora Gas, LLC

(Houston TX & Anchorage AK)

2001 - 2003

Corporate Finance (Cook Inlet, Alaska)

Ausam Energy Corporation

(Calgary AB & Houston TX)

2001 -

Corporate Finance

Avalon Exploration, Inc.

(Tulsa OK)

2003

Financial Advisory (OK)

Bahia de Salinas

(Caracas)

1979 -

President (VZ Real Estate)

The Beard Company

(Oklahoma City OK)

2004

Corporate Finance (Coal Reclamation)

BlackRock S.A., LP

(San Antonio TX)

2006

Corporate Finance

BlackRock Ventures Inc.

(Calgary AB)

1997 - 2001

Chairman, Dir., Corp. Fin.
(Heavy Oil)

Blue Dolphin Energy Company

(Houston TX)

2002 - 2003

Corporate Finance (GOM)

BOS Rentals Ltd.

(Calgary AB)

2003

Corporate Finance (Service-AB)

Braegan Energy Limited

(Calgary AB)

1998

Corporate Finance (Alberta)

Buccaneer Energy Corp (Kaufman TX) 2005, 2006 Corp/Prop Divestiture

Bunker Energy Inc.

(Calgary AB)

2004 -

Corporate Finance (Alberta)

BXL Energy Ltd.

(Calgary AB)

1998

Corporate Finance (Alberta)

Cannon Energy Inc.

(Tulsa OK)

2003 -

Corporate Finance (CBM)

Carneros Energy Inc.

(Bakersfield CA)

2001 - 2002

Corporate Finance, M&A
(San Joachim)

Carone Petroleum

(Santa Barbara CA)

2001 - 2002

Strategic Advisory (CA, UK offshore)

CE Franklin

(Calgary AB)

2000

Corporate Finance (Supply-Canada)

Ceja Corporation

(Tulsa OK &
Calgary OK)

2003

Succcession Planning

Chandler Company, The

(Denver CO)

1997 - 1998

Gen Fin Adv, Corp Fin., M&A (Rockies)

Charlevoix Energy Group LLC

(Charlevoix MI)

1998 - 2003

Corporate Finance (Gas Marketing)

Cheniere Energy, Inc.

(Houston TX)

1996

Corporate Finance

Chicago Crude, Inc.

(Calgary AB)

2003

Corporate Finance (Heavy Oil)

Citadel Resources Inc.

(Calgary AB)

2006

Corporate Finance

Cleary Petroleum Corp.

(Oklahoma City OK)

2006

Corporate Finance

Coastal Oils, Inc.

(Oklahoma City OK)

2000

Asset Divestiture (Gulf Coast)

Colburn Group LLC

(Pittsburgh PA)

2003

Corporate Finance (Appalchia Shales)

Convergent Energy Group

(Houston TX)

2001

Corporate Finance (GOM)

Coronado Resources, LLC (Tulsa OK) 2005, 2006 Corporate Finance

Cran & Stenning Technology, Inc.

(Calgary AB)

2001

Corporate Finance, M&A (CNG Tech)

Cross Offshore Corporation

(Belle Chasse LA)

2000

M&A Advice (GOM)

Crutcher-Tufts Resources, L.P.

(NoLA/B-field)

1999 -2002

Corporate Finance (San Joachim)

Cryenco Sciences, Inc.

(Denver CO)

1997

Corporate Finance (GTL)

Cumming Co., Inc., The

(Fort Worth TX)

1996 - 1997

LP & JV Finance (N. Central TX)

Derwen Resources LLC (Houston TX) 2005 Corporate Finance

Diamondback Resources LLC

(Midland TX)

2003

Corporate Finance (Permian Basin)

Discovery West Corp

(Calgary AB)

1996

Corporate Finance (N. Sea)

Dolar Energy, LLC

(Salt Lake City UT)

2004 -

Corporate Finance (Rockies)

Dragonheart Resources Ltd

(Calgary AB)

2006

 

DT Energy, Inc.

(Calgary AB)

2001

Corporate Finance (Alberta)

Emerald Energy Resources Limited

(Houston TX)

2001 - 2002

Corporate Finance (Nigeria)

Endeavor Exploration

(Midland TX)

2002

Corporate Finance (Permian Basin)

Energy 51 Inc.

(Calgary AB)

2004 - 2006

Corporate Finance (Alberta)

Epact Exploration Ltd

(Calgary AB)

2000 - 2001

Corporate Finance (Alberta)

eSeis, Inc.

(Houston TX)

2001 - 2002

Corporate Finance (Seismic)

Focus Oil Corporation

(Billings MT)

1996 - 1997

Exploration Joint Venture (Williston)

F-W Oil Exploration L.L.C.

(Houston TX)

2002

Corporate Finance (GOM)

FX Energy

(Salt Lake City UT)

1996 - 1997

Farm-out (Poland)

Genesis Gas & Oil LLC (Kansas City MO) 2005, 2006 Corporate Finance

GeoStar Corporation

(Mt. Pleasant MI)

1998

Corporate Finance (CBM-AU)

Global Exploration LLC

(Houston TX)

1996

Corporate Finance (Eq. Guinea, AU)

Gulf Production Corp.

(Houston TX)

2000 - 2001

Corporate Finance (GOM)

Gulfstream Resources Canada Ltd

(Calgary AB)

2000

Corporate Finance (Qatar/Oman)

Gustavson Associates, Inc.

(Denver CO)

1998 - 1999

Corporate Finance, JV Finance (Int'l)

Hembdt Administration Account

(Calgary AB)

1979 -

Trustee/Admin (Royalties: US, AU)

Hennan Resources, Inc.

(New York NY)

1996

Corporate Finance

Hunter Energy LLC

(Centennial CO)

2006

Corporate Finance

Integrated Seismic Solutions, Inc

(Houston TX)

1998

Corporate Finance (Seismic, E&P)

Integrated Petroleum Expl

(Houston TX)

1998

Corporate Finance (Acq's)

Intergie Corporation

(Rome Italy)

1996

Corporate Finance (Gas E&P and Dist)

Jones Energy Ltd.

(Austin TX)

2007

Debt Placement

Karl Oil & Gas

(Calgary AB)

2004

Corporate Finance (Alberta)

Kelly Oil and Gas, Inc.

(Traverse City MI)

1996 - 1997

JV Finance (Williston Basin)

Laguna Gold Co.

(Denver CO)

1998

Corporate Finance (Gold-Costa Rica)

Lake Ronel Oil Company (Tyler TX) 2005, 2007 General/Strategic Advisory, Corporate Finance

Landin Resources Ltd.

(Calgary AB)

1998

Corporate Finance (AB)

Lariat Petroleum, Inc.

(Tulsa OK)

1996 - 1997, 2000

Corporate Finance (Mid Cont E, P&A)

Lyco Energy Corporation

(Dallas TX)

1995 - 1996

Corporate Finance, JV Intro (Mont)

Mannix Oil Company Inc.

(Tulsa OK)

1999 - 2001

Corporate Finance (Arkoma CBM)

MAXIM Energy, Inc.

(The Woodlands TX)

2004

Corporate Finance (GC)

McCaffrey Energy Group Inc.

(Calgary AB)

2000 - 2001

Corporate Finance (Heavy Oil)

Medina Energy Corp.

(Calgary AB)

2001

Project Finance (Alberta)

Mercantile Int'l Petroleum, Inc.

(Calgary AB)

1996 - 1998

Director, Property Divestiture (Colombia)

Mid-Con Energy

(Tulsa OK)

2003 - 2006

Corporate Finance (Waterfloods)

Miller Energy, Inc.

(Kalamazoo MI)

1996 - 1997

General Financial Advisory (Fam. Office)

Mohajir & Associates

(Kansas City MO)

1997 - 1998

General/Strategic Advisory (Fam. Office)

MOJO Energy Ltd.

(Calgary AB)

2003

Corporate Finance, M&A (Alberta)

Momentum Energy, LLC

(Midland TX)

2005

Corporate Finance

Momentum Engineering, Ltd.

(Istanbul)

1997 -1998

Comm'l Debt (Rig Construction-Turkey)

Mt. Dora Energy Corp.

(Duncan OK)

2006

Corporate Finance

Nielson & Associates, Inc.

(Cody WY)

1999 - 2000

Corporate Finance (N. Rockies)

Novus Petroleum Ltd.

(Sydney AU)

1997 - 1998; 2001

Corporate Finance (Int'l)

Octane Energy Services Ltd.

(Calgary AB)

2003

Corporate Finance (AB)

Offshore Prod. & Expl.Co., Inc.

(Houston TX)

2000 - 2001

Corporate Finance (Vietnam/Thailand)

Ogle Resources Inc

(Santa Barbara CA)

1992, 2006

Director,V.P.,PropDivest-re (Offshore CA)

OGA Operating, LLC

(Midland TX)

1999 - 2000

Corporate Finance (Permian)

OGP Energy Companies, Inc.

(Dallas TX)

1997 - 1998

Corporate Finance (Seismic)

Olac Resources LLC

(New York NY)

1997

Corporate Finance

Onefour Energy Ltd (Calgary AB) 2005 - 2006 Corporate Finance

Online Resources Exchange, Inc.

(New Orleans LA)

1998 - 2001

Corporate Finance (GOM, GC)

Orbit Energy Inc. (Lafayette LA) 2005 - 2006 Corporate Finance

Pertacal Energy Inc.

(Calgary AB)

2000 - 2001

Corporate Finance, JV Fin., M&A (Int'l)

Phoenix Energy Group Inc.

(Fort Worth TX)

1997

Corporate Finance (Gulf Coast)

Potoco, LLC

(Denver CO)

2004 -

Corporate Finance (Arkoma CBM)

Predator Corporation Ltd, The

(Calgary AB)

2001 - 2002

JV Finance (Alberta)

Probe Exploration Inc.

(Calgary AB)

1996 - 1999

Corporate Finance (Alberta)

Purcell Energy Ltd.

(Calgary AB)

2002 - 2003

Mezz Debt, M&A (Alberta/NWT)

Red Arrow Energy

(Houston TX)

2007

Equity Placement

Roseland Resources

(Calgary AB)

2001 - 2002

Corporate Finance (AB)

Sajac Exploration Co. LLC

(Jackson MI)

2005 - 2006

JV Fin., M&A

Sanchez Oil and Gas Corp.

(Laredo TX)

2006

Corporate Finance

Salvo Energy Corp

(Calgary AB)

2006

Corporate Finance

Sanchez Oil and Gas Corp.

(Laredo TX)

2006

Corporate Finance

Saracen Explorations Ltd.

(Calgary AB)

1984 -

Pres. - Family Royalty Trust (Alberta)

Savoy Exploration, Inc.

(Traverse City MI)

2006

Corporate Finance

SDG Resources, LP

(Montrose CO)

2003 - 2004

Mezz Debt (Permian Basin)

Sea NG Management Corp (Calgary AB) 2005 - Corporate Finance

Seitel, Inc

(Houston TX)

2001 - 2002

Strategic Advisory (Seismic)

Shamrock Resources, Inc

(Calgary AB)

2001

Project Finance (CA)

Sharpe Resources Corporation

(Houston TX)

1998

Mezzanine Debt (GOM)

SKH Energy Fund LP

(Houston TX)

2002 - 2003

LP Financing Minerals/Leases)

Sierra Vista Energy Ltd.

(Calgary AB)

2006

Corporate Finance

Signal Hill Service Inc.

(Santa Barbara CA)

1999

Corporate Finance (California)

Sklar Exploration Company LLC

(Shreveport LA)

1999 - 2000

Corporate Finance (GC)

Sleeping Giant LLC

(Billings MT)

1996 - 2005

Project Finance, Inv't,-Sale of Co. (Montana)

Smart Oil Co.

(Tulsa OK)

2001 - 2002

Dir, Strategic/Corporate Finance (CBM)

Southern Pacific Petr NL.

(Brisbane AU)

2001 - 2003

Corp Mezz, Corp Fin (Shale-to-Oil)

Stone Castle Exploration Ltd.

(Calgary AB)

2006

Corporate Finance

Strata Management Corporation

(Houston TX)

2002

Corporate Finance (TX)

Stratagem Energy Corp.

(Calgary AB)

2004 - 2005

Corporate Equity / Secondary
(Alberta)

Suemaur Expl & Prod LLC (Corpus Christi TX) 2005 Strategic Advisory

Summit Energy Company LLC

(Houston TX)

2000

Corporate Finance (Gulf Coast)

SunStone Energy Company

(Oklahoma City OK)

2000 - 2004

Director, Corporate Finance (UBHD)

Tellus Operating Group LLC

(Jackson MI)

2004 -

Corporate Financing (GC)

Temblor Petroleum LLC

(Bakersfield CA)

1997

Corporate Finance

Tenrgys LLC

(Jackson MS)

2005

Corporate Finance

Termo Company, The

(Long Beach CA)

2000 - 2001

Corporate Finance, M&A (CA, LA, WY)

Tikal Resources Corp.

(Calgary AB)

2000

Corporate Finance (Alberta)

TriQuest Energy Ltd.

(Calgary AB)

1998 - 1999

Corporate Finance (Alberta)

Tufts Energy, LLC

(NoLA/Bakers-d)

1999 - 2002

Project Finance (San Jaoachim)

Vanco Energy Company

(Houston TX)

1997

Mezzanine Debt (Dutch N. Sea)

Venus Oil Company

(San Antonio TX)

1996

General Fin-l Advisory, M&A (TX, LA)

Vision Resources LLC

(Houston TX)

2002 -2003

Corporate Finance (Exploration-GC)

Vista Exploration Co., LLC

(Oklahoma City OK)

2005 - 2006

Corporate Finance

WESCO Energy Corp.

(Scottsdale AZ)

2006

Corporate Finance

Westerly Exploration, Inc.

(Houston TX)

2006

Corporate Finance

Westpark Resources, Inc.

(Houston TX)

2000

Corporate Finance (Midstream-Mexico)

Wild Rose Holdings Ltd

(Calgary AB)

2000 - 2001

Corporate Finance (CNG-Transport)

XBPX Energy LLC

(Austin TX)

1999 - 2000

Corporate Finance (Expl'n DeepTX GC)

XCO Production Co

(Houston TX)

2001

Corporate Finance (Gulf Coast)

150 Sell Side Clients