UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELA W ARE

In rc: San Pedro Bay Pipeline Comnany

Debtor

Case No, 09-10790

Reporting Period: AUJ!ust 2009

MONTHLY OPERATING REPORT

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N/A N/A

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I declare under penalty of perjur (28 U .S.C. Section i 746) that this report and the attached documents
are tre and correct to the best of my knowledge and belief.

Signature of Debtor

Date

Date

September 30, 2009

Date

Willam P. LynJ!
Printed Naie of Authorized Individual

Group Controller

TiLle of Authorized Individual

*AuiJoriied individual musl be an offcer, diretor or sharholder if debtor is a corporation; a partner if debtor
is n pUltnership: " innniiger Or member if debtor is a limited liabilty company.

MOR

(04/07\

In re: San Pedro Bay Pi

neline

Comoany

Case No. 09-10790

Deb!or

Renortiiilt Period: Aiumsi 20

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

li;)W;t';~ir!jEc;i;~E(0:~!;"LiX:i)~~~f~RW~J;#\i.!:st'f;&;r;:X!\(r,';';t#;:::i~,g;~5i':.'.._~". .:; ;'. -,

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

THE FOLLOWING SECTION MUST BE .COMPLETED

'l

j.:~:'i?:;//:;;c,jb:..," .~'~7~;/:
:~:~':~;J, :'~:\:.~::
-;, .'. ~::'''''~''~' :r.'" ~ ~.' _:::.~:;::~,:'-';"" .".:(:~;:.y..::,~~;,:;,.:.~.:~/'::' ,~.;. ;~U,:.~:A,.::
::.:(:::':~~~':,
:\:;'~:. :',
",; ;.!.;.~:.:~:.~,.:. ': ":';'.'.(
J)lSllF.OR'CiTIG;U;S,.TRUU
..
"FEIl"i(FOWCUNl'iMONT''ACTUL'CuUJ;:,:.;'~';'';;'':''. ::.; ;"'::.,:~.::;tb':::""':':
:'.;~':,t:.::~';~J)~!: ~:.;),:
..
.....,.........
"

TOTAL DISBURSEMNTS

LFoSS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS

PLUS: EST ATE DISBURSEMNTS MAOE BY OUTSIDE SOURCES (i,e. frm ~cmw iu.:(.:ouris)

TOTAL DISBURSEMENTS FOR CALCULA TlNG U,S. TRUSTE QUARTERLY t'EHS

$0.00
$0,00
$0.00

$0.00

FORM MOR.I

l"'il

In reo San Pedro Bav Pipeline Comoany

Ca~e No. 09- lO790

Reoorring Period: August 2009

Debtor

BANK RECONCILIA TlONS

Continualion Sheet for MOR-l

llANK llALNCE
(+) DEPSITS IN TRANS)")" (ATlACH LIST
(-) OUTSTANDING CHECKS (AITACH UST
ADJUSTED BANK BALANCE .

Adustd baik balance must equal

The San Pedro Bay Pipeline Company does not maintain any cah accounts.

!:

balance per books

;~';

FORM MOA.-Iii
(04107)

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

_::''''~.fm'':'!'~

Case No. 09-10790

Reporting Period: August 2009

No profesional fees were paid post-petition.

FORM MOR-Ib
(04/07)

~ji~~~~o)'~D~~!,aV:~I~;:~~k;Kl~f~~~~ t1sn~i~~eJj~.a~' ttt;~r,M'~QtQ.~,Q.~,w;i.:;'L~~ ~;;~~~fitf~~'~--t,,~I;~.JW;l;,:.~lr4~ l~U~~~.l.;.~.t#r~~ ~~lllEl,~i\ ~J%;i~.tiil:~.Lj~$!g:r i~!tJ!~-N"e-l~g~..:'~'fi~ ~'~'f~~-~~':E.e.~~.fu~~~'.ll:n~ ~l tr'( :_- ',..i

.".,.."'""t'01,ti:i;\;\,.\,,,~f,'j,",.~ ''k,)t'~\:'''i;.'.'A.'1Y!i, ,",~",~:;i.ili;;.i'hi~"\')" ..~.i'''t",,:ii~(r'~'''z,!~)'lN' ;Mi'U''''' """il'J"I'" ,.,., ,,~"" '""',':J"'" '~..'.''''',""',,:'''~''~4.. ~V~~i' ~"l\""" . ='"'","..,..' "~",., .

In re: San Pedro Bay Pipeline Company

Debtor

In re: San Pedro Bay Pipeline Company

Debtor

Case No. 09-10790

Reporting Period: August 2009

STA TEMENT OF OPERA TIONS

(Income Statt:inent)

-'

'-.. '.~.-.. .

'-':--:.."

~:~;~Jr~:
~~t~:';7 ::,:~.;~~:;
;.;: '~,:~H.;t.
-~ '.",.
p-:.?,,'_
' .....,--;, _....'...; ..._.. "".":-,-'.~ "~,,.... . ~..,.,.
.~" - ,_.. _. _. __. ~.'~ ..-_ _J "." .... ~ .__'-. . '~"" _.~
,_;.;.~t._~....,
.,."~.
....-.:...-...,:~.....'.
.

Renairs and maintenance

64,474
46,306
620

Salaries/cotnssionsfees
Transportation exoense
Utilities
Insurance
EmnJovee benefit pro,grams

IJ ,806
10,591

17,001

222,847
331,268
5,639
55.934
47.905
22.665

Taxes - Droduction

lnventorv change
Rent and lease exoense

26.546

152.635
-

Trvel and entertainment

Suoplies
Advertisine

950
-

J,231
-

Auto and trck

Bad debt
Contributions
Insider comoensation

.
-

Manaeement feeslonuses

Offce exoenses

Pension& orofit sharnl! olans

Taxes - oavroll

Taxes. real estate

Taxes - other

9.811

9,81 i

(938)
4.377
30,765
,.,.,., Of""

General and administrtive

Depreciation. depletion and amortizaiion

Nel Profit (Loss) Before Other Income & E)(oenses

w.:aRlNnMElNJSXEXPmNSES

18,219
46,539
183.678
(1,098.369)

Accetion of discounts and amortization of deferred financin" costs

Interest expense- non-cash - paid in kind
Stock compensation exoense
Interest and dividends

Realized l!ain/(Ioss) on derivatives

Interest expense- cash

Other revenue
General exoJoration expense
Loss from nonconsoldated subsidiary
Imoairment exoense

Net Profit (Lss) Before Reor.ganization hems

2 I 6,220
-

1.07.574

.
209.205

(6.089)

Professional Pees

ReorE:anization Interest

U.S. Trustee Ouarerlv Fees

Interest Eaed on Accumulated Cash from Chapter J J

Gain (Loss) from Sale of Eouiomenl

Other Reor"anization Expenses (attach scheduJe)
Income taxes
Net Profit (Lss)

.
.
$

(6.089) $

209.205

FORM MOR.2
(04107)

In re: San Pedro Bav Pineline Comnaiiv

C,.se. No (lQ. J 0790

Debior

Rc::ioniiiz Period: Aiiuusl 2009

BALANCE SHEET

135.679

i 90.65
326,324

.,:~~.~:,/' ::~~~i.-).~:;:~::~\~.,~~ ..~:.r~:;..~. ~~~:,:::~i). ':~'2~~);::~;~'e~:':.:':~~.''::~::~~:b~~;:~.~:~~~:'.E '~1'~:) :\~~1 ~;~~'i~(~:; ';~?!~,:ff~~:::\;

s
4.t34

28.438

J.XIt!f~;:rl~JlOMIlpl'ilf!/;
Sccured Debt
Priority Debt

$
/t(:.:.ts~::ftN1~l'~;i~?::~~;t;::tj
.:::~~?i~::):f;t:,:;;IX;~_~;;,.;i~;~:;~r':;:';\~;
jlt:i:)~~~'.~::'~~:i;IC;~g:(:.~~f:~?;.~.~~

Unseured Debt
Intercomoaoy Payables

2.366,254

Tar AL PRE-PErlTON UABIUTIES

-.._".-._.....

S
2.366,254
"""...:0. ,.. "......,,:... "--"'~'.' -'''~i'' .p ,.. ....;-.,,-',.-., .,'.,
.p
".'...."
",""
"'."
...n',' "--'.~.
~'?,.:;~::.:';.~r..:._.,. ::~:':~i;~~;
~-;~:.:;.:,:': :'.'.;'':,
;:,:.;;~./,~'.:i:.~.?;,;,;';~ ..,. . :~;..::;',:~t",. :'r:;'-::~.i~::::~,'. ."",.:,;..::,.,:" '... "\"0'-:,_ ',:.~.';:;:::,;:.;:::d/~:::::.~".:~.:?"';~"" . ....

j $." 2,366,254 I
.: r." ~;;\',/~'~"'~:""::'

" ':'--:'.'~::
'.... ."., - .:.~';\~,~?:~ ::.,';::"~,:l' ,.;.':~i_i1i~,=::i ".-,,:,,;z; '.,':\:,":;,;,; ';'t:;::'(:~i:,;:;~.:.;(;:~::?~. :.,.':,:.* ~:::'n::"':::''.:: .;."

1.00
8.314.252

(5,983.709)
209,205

2,540.747

FOM MeR.",
(Gli17)

In re: San Pedro Bay Pipeline COmDany

Case No. 09-10790

Debtor

Reporting Period: August 2009

BALANCE SHEET - continuation sheet

Intecompany Receivable
Derivative Assets
Advances
Other Receivables
Total Other Current Assets

) 90,645

190,65

fORM MOR-3 CONTD

(04107)

In re: San Pedro Bay Pipeline Company

Debtor

Ca5e No. 09-10790

Reporting Peiiod: August 2009
STATUS OF POSTPETITION TAXES

Not Appl.cablc

Not Applicable

SUMARY OF UNAID POSTPETITION DEBTS

Not Applicable

FORM MOR-4
(04107)

In re: San Pedro Bay Pipeline Company

Debtor

Case No. 09-10790

Reportng Period: August 2009

ACCOUNTS RECElV ABLE RECONCILIATION AND AGING

~~imfjtti~\&b~i~~ji'ctiAt~l:!ffit5~;~ltK,~;1!'2~;W~iltt,~;i~i;il~t;~iW;i:iftft;;(;'t,;Wtgtt~~0)1;\t~t~g~1iQtit.ilt,V!t;~itl;j~ik;;

Total Accounts Receivable at the beginning of the reporting period

+ Amounts biled durin the eriod

- Amounts collected during the period Not Applicable

Total Accounts Receivable at the end of the reporting period

o - 30 days old

31-60da sold
61 - 90 da sold

Not Applicable

91+ da sold

Total Accounts Receivable

Accounts Receivable (Net)

DEBTOR QUESTIONNAIRE

I, Have any assets been sold or transferrd 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 ta retur been timely fied? If no, provide an explanaiion

Yes

below.
4. Are workers compensation, generalliabiliiy and other necessary insurace

Yes

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

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

No

documentation identifying the opened account(s). If an invesmini account has been opeed
provide the required documentation pursuant to the Delaware Local Rule 4001 -3.

FORM MOR.S

(0410)