Canatxx Energy Ventures, Inc.

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2003 Update – Energy

“McColl Partners helped us raise more than $17.5 million of private capital in the most challenging energy market in recent memory. Despite the fallout from Enron and Dynegy, McColl Partners’ relationships with investors and relentless persistence helped to secure a very successful outcome for Canatxx.”

Ross Hill
Chairman
Canatxx Energy
Ventures, Inc.

“Canatxx’s natural gas storage project in Fleetwood, U.K. is a significant opportunity within the natural gas industry. The historical lack of gas storage infrastructure coupled with the deregulation of the U.K. gas market has created a unique situation. The principals of Canatxx have spent in excess of 10 years preparing for the construction of the Fleetwood project which is expected to provide significant efficiencies to the U.K. gas market and help to guarantee the security of gas supply within the United Kingdom.”

Hugh L. McColl, Jr.
Chairman
The McColl Group

Deal Summary
McColl Partners has advised Canatxx Energy Ventures in its raise of more than $17.5 million in equity. Eric Andreozzi and Phil Colaco led McColl Partners' execution of this transaction and were supported by Brad Winer and Badge Stone. UVEST Financial Services Group served as co-advisor to McColl Partners.

The capital raising is part of the company’s plan to develop and operate the largest, most efficient salt cavern natural gas storage facility in the United Kingdom. The project’s unique location and Canatxx’s proprietary, proven, state-of-the-art gas compression technology are expected to combine to create the highest flow rate storage facility in the United Kingdom. Transco plc, the owner of the United Kingdom’s gas pipeline system, projects a need for a four-fold increase in such storage capacity by 2007 due in part to declining supplies from historical supply basins off the west coast of the United Kingdom.

About Canatxx Energy Ventures, Inc.
Based in Houston, Texas, Canatxx Energy Ventures, Inc. is a fully-integrated international engineering, construction, and operations and maintenance company specializing in infrastructure development and turnkey projects, including natural gas storage, power plants, gas distribution, and water treatment facilities. The company specializes in the conception, development, and permitting of large energy-related projects using proprietary technology.

Canatxx was founded in 1988 to pursue opportunities in international deregulated private power generation and natural gas markets. Its principals have managed leading international companies in offshore control systems, drilling, and infrastructure development, and hold several patents using technology to provide innovative solutions to customer’s energy needs. The company has operations in the United States, United Kingdom, and Canada.

About McColl Partners
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle market companies. With significant experience working with family-owned businesses, public companies, private equity groups, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

To learn more about our expertise in the energy industry as well other industries, please call Phil Colaco at 704-333-0533. More information about McColl Partners can be found at www.mccollpartners.com.

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