Ul''ITED 81' A TES ANKRlJPTCY COlJRT

DISTRICT OF DELAWARE

Case No. 09-10787

Reporting Period: October 2009

In re: Pacific Energv Alaska HoldiiiR-s, Inc.

DebtOr

MONTHLY OPERATING REPORT

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r 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

December 2, 2009

Date

Wiliam F. Lvng
Printed Name of Authorized Individual

Group Controller

Title of Authorized Individual

. Authorized individual must be an offcer, director or shareholder if debtor is a corporation; a partner if debtor
is a parership; a manager or member if debtor is a limited liabilty company.

MOR
(04107)

O'se No. 09-10787

In reo Pacific Energv Alas." Holdings, Inc.

ReDOlting Period: October 2009

Debior

SCHEDULE OF CASH RECEIPS AND DISBURSEMENTS

;i.0i;~HSi;tl\\jf~\f~:~t;t~!:~~itit1~~*li;,,,;:;!.~:\::i"b:i';:';\,:;."L,~/;:,;;.;:.~;,

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THE FOLLOWING SECTION MUST BE COMPLETED

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DISBRSEMNTjroi:i;iiTNGr;s~fuusTEuARTEm;y.iEs&Foi\:fciMNriXC:riAL'COi.1i:;:;,ii
TOTAL DISBURSEMENTS

LES,

TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS

PLUS: ESATE DISBURSEWIENTS MADE BY OUTSIDE SOURCE (i.e. li,'iin escrow accounts)

TOTAL DISBURSEMENTS FOR CALCllA TING U,S. TRUSTEE QUARTERLY FEES

$0.00
SO.OO

$0.00
$0,00

FORM MOU-I

(047)

In re: Pacific Energv Alaska Holdings, Inc.

Debtor

Case No. 09- i 0787

Reporting Period: October 2009

BANK RECONCILIATIONS
C.ontinuutioii Sheet for MOR-!

BANK BALANCE
(+) DEPOSITS IN TRANSIT (ATIACH LlSI)"

Pacific Energy Alaska Holdings, Inc. does not maintain any cash accounts.

(-) QUTSTA."JDlNG CHECKS (A'ITACH L1S1 ~.

ADJUSTD BANK BALANCE . ~

Adjusted bunk balance must equal
balance per books

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FORM MOR-ii
(04107)

1\~llflillfl1.1IJ! ~ll'tll"I'

Reporting Period: October 2009

Case No. 09-10787

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No profesional fees were paid post-petition.

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(04107)

FORM MOR-Ib

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SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

In re: Pacific Energy Alaska Holdings, Inc.

Debtor

Case No. 09-10787

Reporting Period: October 2009

In re: Pacifc Energy Alaska Holdings, Inc.

Debtor

STATEMENT OF OPERATIONS
(Income Statement)

costs

(1,920,000)
(1,920,000)
Professional Fee

Loss on Alaska abandonment

Net Profit (Loss)

9,665,816
$

(11,85,816)

Note: The Cumulative Filing to Date income statement above reflect the Company's activity for the entire month of March,

FORM MOR-2
(04107)

Case. No. 09-10787

Reoornn2 Period: October 2009

In re: Pncifc Enen!v Alaska Hnldilll:!s. (ne.

Debtor

BAI.ANCE SHEET

50.355.273

$
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Secured Debt
Priority Debt
Unsecured Debt
Intercomnaiiv Pavables
TOT AI- PRE-PETITION UABIUTIES

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$

62. II 8,089

(17,000)
01,585.816)

FORM MOR.:)
(O-I07)

In re: Pacific Energv Alaska Holdings. Inc.

Debtor

Case No, 09-10787

Reporting Period: October 2009

BALANCE SHEET. continuation sheet

Intercom any Receivables

Derivative Assets
Advances
Other Receivables
Tota Other Current Assets

Investments-PEAO
Investments-CIPL
Total Other Assets

50,355,273

FORM MOR-3 CONTD

(0410)

Case No. 09-10787

Reporting Penod: October 2009

In re: Pacific Energv Alaska Holdings. Inc.

Debtor

STATUS OF POSTPETITION TAXES

Not Applicable

Withholding
Sales
Excise

Unem 10 ent

Not Applicable

Real Pro e
Personal Property

Total State and Local

Total Taxes

SUMMARY OF UNAID POSTPETITION DEBTS

Not Applicable

FORM MOR-4
(04107)

In re: Pacific Energv Alaska Holdings, Inc.

Debtor

Case No. 09-10787

Reporting Period: October 2009

ACCOUNTS RECEIVABLE RECONCILIA nON AND AGING

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Total Accounts Receivable at the beginning of the reporting period

+ Amounts biled durin,g the period
- Amounts collected during the period
Total Accounts Receivable at the end of the reporting period

Not Applicable

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o - 30 days old
31 - 60 days old
61 - 90 days old
91+ days old
Total Accounts Receivable

Not Applicable

Accounts Receivable (Net)

DEBTOR QUESTIONNAIRE
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... _.
..- .
l. Have any assets been sold or trnsferred outside the normal course of business

No

this 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 postpetition tax returns been timely fied? If no, provide an explanation

Yes

below,

4, Are workers compensation, general liability and other necessary insurance

Yes

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

5. Has any bank account been opened during the reponing 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 Loal Rule 4001-3.

No

FORM MOR-S
(04/07)