IPC Oil and Gas Holdings is a publicly traded oil and gas company which explores for oil in the Levantine Basin offshore Israel. The company holds 6.8045% of two petroleum drilling licenses, Sarah and Myra, which are located about 25 miles offshore. The IPC Sarah and Myra Licenses cover around 198,000 acres, and drilling commenced in June 2012. For more information, visit the company’s Web site at www.ipcoilandgas.com.

Rodman & Renshaw is a full-service investment bank dedicated to providing corporate finance, strategic advisory, and related services to public and private companies across multiple sectors and regions. Rodman also provides research, sales, and trading services. According to Sagient Research Systems, Rodman has been ranked the #1 Placement Agent in terms of the aggregate number of PIPE and RD financing transactions completed every year since 2005. For more information on Rodman & Renshaw, visit www.rodmanandrenshaw.com.

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