Directors and Officers Steve Price, Director and CEO, a professional engineer, has been President of Price Engineering Ltd., an engineering consulting company providing technical and managerial expertise to the energy sector, from 1995 to the present.  Mr. Price has over 28 years experience in the fields of engineering and management, including corporate operations, evaluations, and facilities design and operation. Mr. Price received his Bachelor of Science degree in electrical engineering from the University of Manitoba in 1976, and is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA).  Mr. Price is also a past Vice-President of HCO Energy Ltd., a past Vice-President of Bralorne Resources Ltd., and a past Manager of Ranchmen’s Resources Ltd., all oil and gas issuers that are or were listed on the Toronto Stock Exchange. Jim Durward, Director and Chief Technology Officer, has been responsible for the general management, financing, and specification/design of the LeadScan system and the operations of UTEC from November 1999 to the present.  Mr. Durward was President and Chief Executive Officer of International Datashare Corporation, a company specializing in the creation and sale of oil and gas databases and data management software from September 1996 until the incorporation of UTEC. Roger Brundrit, Director, graduated with honours in Physics from the University of Liverpool UK in 1961 and obtained his masters in Nuclear Physics from the University of Manitoba in 1965.  Mr. Brundrit has over 37 years of experience in the oil and gas industry mostly with Shell Canada and Royal Dutch/Shell.  His recent assignments with Shell were as Vice President Exploration for Shell Canada and head of worldwide strategy for Royal Dutch/Shell in The Hague, which included responsibility for acquisitions and divestments.  Mr. Brundrit is a member of APEGGA as a Professional Geophysicist and currently is a consultant in the oil and gas business in Calgary. Dwayne Vinck, C.A., Chief Financial Officer, is an independent financial consultant and Chartered Accountant with nineteen years of various business experience including executive leadership, financial leadership, change management, mergers and acquisitions project leadership, Sarbanes Oxley and MI 52-109 project management. Mr. Vinck is a Member of both the Institute of Chartered Accountants of Alberta and the Institute of Internal Auditors. Colin F. Ogilvy, Director, is the VP Land with Twin Butte Energy Ltd. and a Director of Silverback Energy Ltd.. Mr. Ogilvy received a Bachelor of Arts degree in Economics and Commerce in 1977 from Simon Fraser University. Mr. Ogilvy has 30 years of experience working in the oil and natural gas industry and has been the President and Chief Executive Officer of four junior oil and gas companies over the past 18 years. Prior to establishing Silverback, Mr. Ogilvy was a founder of Rival Energy Ltd. and prior thereto led the restructuring and recapitalization of OGY Petroleums Ltd. from 1994 through to its sale to Baytex Energy Ltd. in May of 2001. Prior to OGY, Mr. Ogilvy held similar executive positions with Hillcrest Resources Ltd. from 1990 to 1994. Jeff Helper is the Corporate Secretary of URX. Mr. Helper has been a partner with law firm TingleMerrett LLP since 2003.  Prior thereto, he was an associate with the Calgary office of Bennett Jones LLP from 2000 to 2003.  Mr. Helper’s practice is focused primarily on corporate and commercial transactions, with particular emphasis on securities and corporate finance for emerging and growth companies, both private and public.