UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELA W ARE

In re: San Pedro Bav Pipeline Comiianv

Debtor

Case No. 09- i 0790

Reporting Period: July 2009

MONTil.Y OPERATING REPORT

MOR-l
MOR-Ia
MOR-Ib

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N/A
N/A

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N/A
N/A

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./

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

I declare under penalty of perjury (28 U.S.c. Section l746) that this report and the attached documents
are tre and correct to the best of my knowledge aDd belief.

Signature of

Debtor

Date

Date

iJr~'P-M r: ~~
Printed Name of Authorized Individual

h,~,
Dr'
i
h"StrlJt ~&'~y
Title of Authorized Individual

"Authorized individual must be an offcer, director or shareholder if debtor is a corpmlion; a paoner if debtor

is a I"irnership; a manager or member if debtor is a limited liabilty company.

MOR

(()1(7)

1n re: San Pedro Bav PipeJifu~ COnloonv

('1St: No. 119-10790

Reponing Period: July 2009

Debior

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

::.:.:'
.;,!.: .,';ff(:~'

TOTAL DlSIIURSEMENTS
. "':.;Y.~\2?t~?;'~r~:-~~:::\~t;i~"?/:\

i
"-"!""d-\~t;.~.";.:.:.
,....:.':::.:'.
',;:;-\~;,,\.:::', "'-'. .

.,..:.'-,
"'~"~

;\j.~..~,;: ~~:~ :''',; - ;.;.-.

..ea....
c='

:;'-'0':.:' ),

:."'l':".-;

81.
t=1

"' . .:. ":00 ~~";:,.",_',',c,

;.c-.... _~,_"':-_:_,,
',-'-:.c."'"..'
'-:-,';i,:"

,,-.: ""'''.;.
.;,.,:;".".,..,:-..-.

.~ ';'~?'

.1

~.: :.:~'-.":,, -. .

II

THE FOLLOWING SECTION MUST BE COMPLETED

'~L:",~':~\./"';" ,:-.;:;./;~'t'~~~?2"~~: '....

." ..~,..~....~., ~"".-.:~

;'/_~"",':~;.'i;.;

.-.., ';";,:,':';:,
."1/;r;::~;;,~ -,x.::.":. :;:::;'~::::' :'.;:;.;.:."':~:':~,:"'-;'

iiilEMEroR~'ClTiNGijs;:ST..nlJRTKy"'/li:" Fhii.i1\MONmA:T.A:ci;liM.';.:;;,(':;:C?/'"';//,:
TOTAL OISBVRSEM&"'T

(,S:

TRANSFERS TO DEBTOR IN

.,

.. '0;""-

..~...",..,'

_." ';.;.;~.:(':': .'.

$0.00

POSESION

ACCOUNTS

PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i,e:. from csirow Uci'Ollllli)

TOTAL D1SBURS&\fENTS FOR CALCULATING U.S. TRUSTEE nUARTERL Y FEES

$0,00
$0.00
SO.OO

mRM MOR_!

(lW

In re: San Pedro nay Pinel ine Company

Case No. QQ-10790

Debror

ReDOrling Period: Julv 2009

BANK REONCILlA TIONS

Conliition Sbeet for MOR-l

d::'1::";i';;;',;f:,',;'\,/i?fai'

..... '.

._e..-"':'.:;

,',

f' :.,.T;.i",:'! 'V'i'

".',,"..,....,...........,.,.....,'.." .':-.". .~::' ........ .......,.,,,

BANK BALANCE

'-

(+) DEPOSITS IN TRANSIT (AITACH LIST)

(,) OUTSTA'iDING CHECKS (ATlACH LIST

ADJUSTD BANK BALANCE '

,;.~' ", -. . :'.' ':':~'.;.;~. - '., :,., .. -..~,'.,,'

.....'...
I

': ,~,c "', ' - ,,,'Of

, t" I

:.t,~.t,,:;'7)~-:~,:'."c'
~-', "' ,.;
.. '
I

. ",'_: _,"c.,.

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"

Th San Pedro Bay Pipeline Company does not maintain any cash accounts.
.~.
~~

:l Adjusted bank balance must equa

bal.nee per books

","
",."

..

FORM MOR-Ia

(Q47)

In re: San Pedro Bay Pipeline Company

Debtor

No profesional fees were paid post-petItion.

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

(04107)

FORM MOR.lb

Case No. 09-10790

Reporting Period: July 2009

Case No, 09-10790

In re: San Pedro Bay Pipeline Company

Debtor

Reponing Period: July 2009

STATEMENT OF OPERATIONS
(J ncome Statement)

119,6l2

ems

87.408
930
10,877

158,373
284,962
5,019
44,128

10,591

37,3l4

2,850

5,665

26,546

i 26,089

79

280

3,750
4.422
33,125
(300, \89
;;::';".- :;,-:::::'~.. :.~~,\
',',;:, /~:":'::;';'~:;.:'~,,,: r..~i:"", ,__ T~~~:8\YP.;~~~:r

19,J56
42,161
152.913
(876,060)

""','.:
'.,,~~~,;.~,:~

costs

221,600

(78~~89)

~ '-.

215,294

'~~.. ~ ,. ,
... =,:r .', :5\"~::~"~-::""
'r:':"~:
.".
. ;.-:.:..: :- ::;';". ::~'-:.
...;;.~.:..'y.::;:.,:.::
.~ ,.;~:;::.::::;.::,.;:~::.;_:~
,::~ .._.;;~ii.~:.-:;
..........- .... ~,.': -":,
.....
.-."
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,". ......,.... .~.;\::,:.
..,..,..............
.,'..

Professional Fees

Reoriianization Interest
U.S. Trustee Quarerly Fe

.
.

Interest Earned on Accumulated Cash from Chapter I i

Gain (Loss) from Sale of Eauioment

Other Reoriianization E,ioenses (attach schedule)
Income taxes

.
.

Net Prfit (Loss)

1,091.354

(78,589) $

215,294

FORM MOR-2
(04107)

In rc: Sun Pcch'o Bn)' Pioeline COmixiii\'

Case No, 11- 11l7\l)

Debtor

Rl.JXwtinn Period: JulY" ~OO9

BALANCE SHEET

146.277
299,778
i':~"':':":" .'.;',::)7-",':::
:;':.'..'._.',,'C )fi:'.:::~; ,:'h~;t-~~.Hl;.f.
-..-.Proved Proiirtes Includin~ LeU-'l and Well Eauipment
S

....--..."...

. _ ~:::j:~~:..i';,'~:_-:'

A.ser Retirement Costs

h, Procss Devetoomenl

4,134

Unoroved Prooerties
Ofce Ecuinmeni and Softwar

28.438

Vehieles
Oter Eauinmeni and Leiiehnld Imnroyemeiis
Pipeline Eauinmenr

5,348.450

067.710)

Less Accumulated Deoreciatioii

TOTAL PROPERTY & EQUIPMENT . ~ .",.:;.~ '-.

:~..: ~t';'~,.~;,'-' '. ';"",
....

J.-.~c,..:.':;;..'.~.
";;':.';':-,'.';",'.'.,
,''-,''';'-'.'.''.

,..."...,;....',;:0;" ~..;.'~,,:...'.'." "

.....-:,"--.'h~~;
,.

Sered Debt $

U~I~smC',T::cOMPROlE(Pn;pilfy:; :il\W,'2i:;/,.,U:,.,.'::'" '. ".,..f;y.(.',..:.:....

:~~i;;'

4,613,313

.. '.' .i..'.:~~::..~':.~~~.-.,:._ '.'

Priority Debt

Unseured Debt

Intercompany Payubles

TOTAL PRE-PETITION UABILITIES $

.-:.lfi~r~;~~;.-'~5fF:.;,~\J.~t(:::~,:::~:.~~;;,,,:':;: .;.-:'.,~;:~r..:,d;.._.".
....';'..::;...

"...c.,.,.
. . ..:,' '::::~"i ....-..::.:....

.",.,,-,.;. ':.......,.:' ~::,'";;;'"

1$

, , ..'..:;......;:',...

2,366,254
2,366,254
. ""~".: .'

2,366,254 I
",."...:..
"i( ,::;::(...,.~;:"~~::.'::.::-.:..

1.000

8.1 14.252

(5,983.709)
215.294

2,54,36

FORM MOIl.J
104117l

In re: San Pedro Bay Pipeline Company

Debtor

Case No. 09-10790

Reixiring Period: Julv 2009

BALANCE SHEET. continuation sheet

Intercom an Receivable

Derivative Assets
Advances
Other Receivables

Total Other Current Assets

146,277

FORM MOR-.l CONTD

(()/O7)

Case No. 09-10790

Reporting Period: July 2009

In re: San Pedro Bay Piiieline Company

Dehtor

STATUS OF POSTPETITION TAXES

Not Applicahle

Withholding
Sales
Excise
Unem 10 men!

Not AppJicabte

Real Pro cr

Personal Prpe
Total State and Lol
Tota Taxes

SUMMARY OF UNAID POSTPETITION DEBTS

Not Applicable

FORM MOR-4
(04107)

In re: San Pedro Bay Pipeline Company

Debtor

Case No. 09- i 0790

Reporting Period: July 2009

ACCOUNTS RECEIVABLE RECONCILIA nON AND AGING

:._,.:C:,':""
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:'~:;'-:.:~;::.~_:.:."":'-,..''''i'd~,\f.uf),t~'i:
. ,- ;':',,"
:cthtst~~ivbI~\i~i(~iitili:d4;S\;K~
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..,.....- .,. ...,;:;..:.,. _ . ,,:~.\~h~~rJ~~..
..
- -"
'. ~,;:..:;;::~;;jji:::~~~~~~~;.~.~:ithr.:~::S.~~_~~
:."::"'-'''i';'.
-' .. ..
Total Accounts Receivable at the beginning of the reporting period
I
+ Amounts billed d uring the period
- Amounts collected during the period
Not Applicable
Total Accounts Receivable at the end of the reporting period
I

',~. ....,_.........~.o..'..~~.,...,.
..':.';~'~ '-~',"-,"-".~.." ',""c.'- ,..,...:;....,..,," ":,''':':..'.""."(,.;,.,,i.,,:~,.,
''':-','. ..-..",....'-....,~ -, ,"':""-" ~",;-. ",~'.'.~..~'......,..., ...., .....".._,.-;.. '.-." ,. :""-v,',_....,,
.' ," ...., ~.' " .-..-.........~
A;oQM~~;R~lv:3J~'A2;~A(;~~~j:,:::'tdL~;J5iJF;;itfi::Zg~i~S;;i;,j:i~~i~ffif\"'!c'-:S~;;tk~!&i;flij)~::,f~2P,ti';&;;'~~\~;!i'Am.qpt;\y:;:'\!~;J.:i,-;(,
0 - 30 days old
I

3 1 - 60 days old
61 - 90 days old
9 1+ davs old

Not Applicable

Total Accounts Receivable

Accounts Receivable (Net)

DEBTOR QUESTIONNAIR
':,',c"",'

,",'y""

,"."""""""""""~""...,

1. Have any assets been sold or transferred outside the normal coure of business

',,"

~i

No

tbis reporting period? If yes, provide an explanation below.

2. Have any funds been disbursed from any account other than a debtor in possession

No

account this reporting period? If yes, provide an explanation below.

3. Have all postptition tax returns been timely filed? If no, provide an explanation

N/A

below.
4. Are workers compsation, general

liability and otber necessar insurance

Yes

coverages in effect? If no, provide an explanation below,

5, Has any bank account been opened durng the reporting period? If yes, provide

No

documentation identifying the opened account(s). If an investment account has been opened
provide the required documentation pursuant to the Delaware Local Rule 400l-3,

rORM MOR.5
(04/07)