Professional Documents
Culture Documents
Monthly Operating Report
Monthly Operating Report
Schedule of Cash Receipts and Disbursements Bank Reconciliation (or copies of debtors bank reconciliations) Schedule of Professional Fees Paid Copies of bank statements Cash disbu rsenaents journals Statement of Operations Balance Sheet Status of Posipetition Taxes Copies of IRS Form 6123 or payment receipt Copies of tax returns filed during reporting period Summary of Unpaid Postpeti Lion Debts Listing of aged accounts payable Accounts Receivable Reconciliation and Aging Debtor Questionnaire
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I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.
Signature of Debtor
Date
Date
*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner ildebtor is a partnership; a manager or member if debtor is limited liability company.
MOR
(04m7)
INMINOR S
Pacific energy Alaska Holdings, Inc. does not maintain any TOTAL RECEWIS
cash
accounts.
FORMMOR4
OMXM
Pacific Energy Ala sica Holdings. Inc. does not maintain any cash accounts.
FORM MOM.
(04)07)
Case No. 09-10787 Reporting Period: August2010 SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID
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STATEMENT OF OPERATIONS
Oil and gas production revenue Royalty payments Net Revenue Repairsand maintenance ataries/conunissions/fecs Transportation expense Utilities Insurance Employee benefit programs Taxes - production Inventory change Rent and lease expense Travel and entertainment Supplies Advertising Auto and truck Bad debt Contributions Insider compensation Management fees/bonuses Office expenses ension& profit sharing plans Taxes - payrolt Taxes - real estate Taxes - other General and administrative Depreciation, depletion and amortization Net Profit (Loss) Before Other Income & Expenses Accretion of discounts and amortization of deferred financing costs Interest expense- non-cash - paid in kind Stock compensation expense Interest and dividends Realized gain/(loss)ion derivatives Interest expense- cash Other revenue General exploration expense Income from equity investment Gain on Alaska sale Impairment expense Net Profit (Loss) Before Reorganization Items
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$ $
(1,920,000)
-
(1,920,000)
-
9,665,816 (11,585,816)
Note: The Cumulative Filing to Date income statement above reflect the Companys activity for the entire month of March.
BALANCE SHEET
:
Unrestricted Cash IRestricted Cash and Cash Equivalents Accounts Receivable (Net) Inventories Prepaid Expenses Professional Retainers Other Current Assets (See Attached Schedule) TOTAL CURRENT ASSETS (Proved Properties Including Lease and Well Equipment (Asset Retirement Cotta In Process Development (Unproved Properties Office Equipment and Software (Vcles Other Equipment and Leasehold Improvements (Pipeline Equipment Less Accumulated Depreciation TOTAL PROPERTY & EQUIPMENT
50,355,273 50,355.273
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Accounts Payable and Accrued Liabilities Taxes Payable Wages Payable Notes Payable- Debtor-fin-possession financing Rent / Leases - BuildingtEqeipment Secured Debt F Adequate Protection Payments Professional Fees Intercompany Payables Asset Retirement Obligations A ccrued Interest Other Liabilities TOTAL POSTPETITION LIABILITIES Secured Debt Priority Debt Unsecured Debt Intercompany Payables TOTALPRE-PETITtON LIABILITIES
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ITOTAL LIABILITIES Share Capital (Contributed Surplus Iwarrants (Additional Paid In Capital IAccumulated Other Comprehensive Loss Partners Capital Account Ownesa Equity Account Retained Earnings - Pro-Petition Retained Earnings - Postpelition Adjustment to owner Equity (attach schedule) PosLpeition Contributions (Distributions (Draws) (attach schedule) NET SHAREI-IOLDERSEQUJTY Q1JlT
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62,1 18.089
-
(177,000) (11,585,816)
$
50,355,273
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0$5327
In re: Pacific Energy Alaska Holdings, Inc. Debtor BALANCE SHEET - continuation sheet
Intercompany Receivables Derivative Assets Advances Other Receivables Total Other Current Assets Itiveslmen(s-PEAO Investmcnts-CJPL Total Other Assets
--
50,355,273
-
$ $ $
50,355,273
-
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Not Applicable
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Withholding Sates Excise Unemployment Real Property Personal Property Total State and Local Total Taxes
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Not Applicable
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Accounts Payable Wages Payable Taxes Payable Rent/Leases-Building Rent/Leases-Equipment Secured DebtlAdequate Protection Payments Professional Fees Total Postpetition Debts
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Not Applicable
FORM MOR.4
(04107)
Total Accounts Receivable at the beginning of the reporting period + Amounts billed during the period - Amounts collected during the period Total Accounts Receivable at the end of the reporting period
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Not Applicable ____________________
0- 30 days old 31-60 days old 61 - 90 days old 91+ days old Total Accounts Receivable Accounts Receivable (Net)
Not Applicable
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DEBTOR QUESTIONNAIRE
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. Cook Inlet Pipeline (CIPL) stock transferred to Cook Inlet Energy in May 20102. Have any finds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below. 3. Have all postpetition tax returns been timely filed? if no, provide an explanation below. 4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. All insurance coverage has been cancelled as the property was abandoned. 5. Has any bank account been opened during the reporting period? If yes. provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.
Yes
No Yes No
No
In re:
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AFFIDAVIT OF SERVICE
Linda M. Ellis, being duly sworn according to law, deposes and says that she is employed by the law firm of Pachuiski Stang Ziehi & Jones LLP, attorneys for the Debtors in the above-captioned action, and that on the 291h day of September, 2010 she caused a copy of the following document(s) to be served upon the parties on the attached service lists in the manner indicated: August Operating Report for Pacific Energy Alaska Holdings, Inc.
m.
OLi Sworn to and Subpibed before me this 291h da/(SepmI5& 2010
" -" - 1" 1 Notary Public Commission Exp.:
Ellis
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The Debtors in these cases, along with the last four digits of each of the Debtors federal tax identification number, are: Pacific Energy Resources Ltd. (3442); Petrocal Acquisition Corp. (6249); Pacific Energy Alaska Holdings, LLC (tax I.D. # not available); Cameros Acquisition Corp. (5866); Pacific Energy Alaska Operating LLC (7021); Cameros Energy, Inc. (9487); and Gotland Oil, Inc. (5463). The mailing address for all of the Debtors is Ill W. Ocean Boulevard, Suite 1240, Long Beach, CA 90802.
Pacific Energy Resources Ltd. Core Service List Case No. 09-10785 Document No. 146442 05 - Hand Delivery 05 - First Class Mail
Hand Delivery (United States Attorney) Ellen W. Slights, Esq. United States Attorneys Office District of Delaware 1007 N. Orange Street, Suite 700 Wilmington, DE 19801
Counsel for Debtors) Laura Davis Jones, Esquire James E. ONeill, Esquire Kathleen P. Makowski, Esquire Pachuiski Stang Ziehl & Jones LLP 919 North Market Street, 17th Floor P.O. Box 8705 Wilmington, DE 19899-8705 Interoffice Pouch to Los Angeles Counsel for Debtors) Robert M. Saunders, Esquire Ira D. Kharasch, Esquire Scotta E. McFarland, Esquire Pachulski Stang Ziehl & Jones LLP 10100 Santa Monica Blvd., 11th Floor Los Angeles, CA 90067 Hand Delivery (United States Trustee) Joseph McMahon, Esquire Office of the United States Trustee J. Caleb Boggs Federal Building 844 North King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 Hand Delivery (Copy Service) Parcels, Inc. Vito 1. DiMaio 230 N. Market Street Wilmington, DE 19801
Hand Delivery (Counsel to Official Committee of Unsecured Creditors) David B. Stratton, Esquire James C. Carignan, Esquire Pepper Hamilton LLP Hercules Plaza, Suite 1500 1313 Market Street Wilmington, DE 19899 Hand Delivery (Counsel to DIP Administrative Agent) Don A. Beskrone, Esquire Ashby & Geddes, P.A. 500 Delaware Avenue Wilmington, DE 19801 First Class Mail (Counsel to Goldman Sachs, J.Aron & Company; DIP Administrative Agent) Jeffrey Sabin, Esquire Steven Wilamowsky, Esquire Scott K. Seamon, Esquire Bingham McCutchen LLP 399 Park Avenue New York, NY 10022 First Class Mail (Counsel to PEA Collateral Agent, et al.) Seth E. Jacobson, Esquire Chris L. Dickerson, Esquire Skadden, Arps, Slate, Meagher & Flom LLP 333 West Wacker Drive, Suite 2100 Chicago, IL 60606
First Class Mail (Counsel to Official Committee of Unsecured Creditors) Francis J. Lawall, Esquire Pepper Hamilton LLP 3000 Two Logan Square Eighteenth & Arch Streets Philadelphia, PA 19103 First Class Mail (counsel to Official Committee of Unsecured Creditors) Filiberto Agusti, Esquire Steven Reed, Esquire Joshua Taylor, Esquire Steptoe & Johnson LLP 1330 Connecticut Avenue NW Washington, DC 20036 First Class Mail (counsel to Official Committee of Unsecured Creditors) Robbin Itkin, Esquire Katherine Piper, Esquire Kelly Frazier, Esquire Steptoe & Johnson LLP 2121 Avenue of the Stars, 28th Floor Los Angeles, CA 90067