llNITED STATES BANKRUPCY COURT

DISTRICT OF DELAWARE
In le: Petrocal Acquisition Com.
Debtor

Case No. 09-J0786

Reponing Period: Auiiust 2009

MONTil.Y OPERATING REPORT

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J declare under penalty ofpeijury (28 V.S.C. Section )746) thai this report and the attached documents
are true and con'ect to the best of my knowledge aDd belief.

Signature of Debtor

Date

Date

September 30,2009
Date

Wiliam F. Lyng
Primed Name of Authorized Individual

Group Controller

Title of Authorized Individual

'Authorized individual musi be an offcer. director or shaTeholder jf debtor is a corpol1tion; a parner if debior
is" partnership; a manager or member jf debtor is a limited liability company.

MOR
(00107)

In reo Petroc") ACQui,iiion Corp.

Oise No. 09-10786

Reooriine Period: AUl!sr 200

Debtor

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

TOTAL DISUREMNTS

c=::ci::s::i::i::i:::::i:::::
i I i I II I ii I
THE FOLLOWING SECTION MUST BE COMPLETED
~;~?:t~,,:':;),:,""T~\':.::';:/;:~t. :,.;. ,"': ,.' . :~f:.:',r.~: ,:':,',,;);::,:"',;X,:'i '.:~~~~:':~ ;;~\r~:t~!:\::':;!,t::~"~~':"~~:,~-;'~:.~~:~'~:.:';~':~K'~ :::~~;;.~':;;'~~~0~=:"i.~~:i:~;~i~f:':,:.~1:::';': :"i:~:::.;~~\~:'::':',:~'~~'::;"~'
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.-' ;~;: ::.~":~;":.::':.:
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DiStiii,roli'(''c~,s;"'1ioS1i'ou;\R''YlF:;'iFOMictRi'Mo'N..;rAC'CuJNi;..",j;\,!;,
TOAL DISBURMENTS
LES,

TRANSFEIlS TO DEBTOR L"l POSSESSION ACCOUmS

PLUS, ESTAlE DISBURSEM"'S MADE BY OUTSIDE SOURCES (ie. ftum eslW uccowus)

TOTAL DISBURSEMENTS FOR CALCULTING U.S. TRUSTEE QUARTERY FEES

$0.00
$0.00
$0.00
SO.OO

FORM Mnr~. 1

("")

In reo Peirocal Aeauisition ('..Tt.

Case No. 09.1()786

Debtor

Reporrng Perod: Augm! 2009

BANK RECONCii,IA TIONS

Cooliuatiou Shet ror MOR-l

BANK BALANCE

(+) DEPOSITS IN TRANSIT (ATIACH LIS!

(-) OUTANDING CHECKS (ATIACH US! ,..

Petroeal Acquisition Corp, does no! maintain any cash accounts.

ADJUSlED BANK BALANCE '

. AdjuSled bak balance musl equal

.,'"

balance books

fORM MOR,.i.

(04m)

t~JJ~lltlf~ill~~ll~~~ti i1.1_~If.fl'

In re: Petrocal Acquisition Corp.

Debtor

,iii;'f,.. ',tQ'Wtft:l;

'It;;~~ii~\lT'11"'~f"'~')~

rr~+;tff~qlYQ1~f*~LK?l

~NjJijG1n1 ~li~At,j;\'w.

(04107)

FORM MOR-Ib

,~;l'~ ~~' , " ,~1i~il

~".'nj"""'~'~OC~llil~.~~
~fi?v~.)"i\\~~.~' ~~.L- ._n1 '.: i.'... ~~~"~':~~'--;-'~:~~

~1i~~~~~.~'W~: ~:,'".~ '~'"';'_':'_A__i;fk;~

l%~w.~rfJl~.N-!f.~;l~tl

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r~~~~i~~fi~~~;i~ttt?Vh,'. ;;~~i~iil!\'.:
.... .. 'JAll~. ~ :', ~~k1l.,r,' .''',

No profesional fees were paId post-petition.

Illfllli~~fWi~)!

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

Case No. 09-10786

Reporting PeriOtLA.u.gust 2009

In re: Petroeal Acquisition Corp.

Debtor

Case No, 09-10786

Reporting Period: August 2009

STATEMENT OF OPERA TlONS

(income Statement)

(25)
costs

(25)

(25)

FORM MOR-2
(04107)

rn re: Petrocal Accmisiiioll-rQm.:.

Case No. 09-10786

Reoorrina Period: Ammst 2009

Debtor

BALANCE SHEET

15,762,849
15,762,849

ui meni

.... ,~~~:.'.": ;;;*:~~:g::/~j~:n::"~:;";:;~::'~.a;.:).~~:~~:r/:;

Sccu~ Deb)

Prioriiy Debt
Unsecured Debt

Intercompany Payables
TOTAL PRE-PETITION UABJUTIES

25
25

";~.;:.,;;:,,;
'. \.:~( .'" :;::':'...'
.:". ,:j.:
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1$
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.--:';;-;

25 I
~:.'i,::, ;,S.":'
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15.76i.849
(25)

(attach scdule)

FORM MOR-)

1()7)

Tn re: Petrocal Acquisition Corp.

Case No. 09-10786

Reporting Penod: August 2009

Debior

BALANCE SHEET. continuation sheet

15,762,849

FORM MOR-) CONT'

(04/07)

In re: Petrocal Acquisition Corp.

Debtor

Case No. 09-10786

RepOrting Period: August 2009

STATUS OFPOSTPETITION TAXES

Not Applicable

Withholding
Sales
Excise

Unem 10 ment

Not Applicable

Rea Pro eT

Perona Prperty
Tarat State and Lol
Tota Taxes

SUMARY OF UNPAID POSTPETITION DEBTS

Not Applicable

FORM MOR-4
(04107)

In re: Petraeal Acquisition Corp.

Debtor

Case No. 09-10786

Reporting Period: August 2009

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

..." .......~.... ..
....
.-.-......... . ..-..,.~.----, ~.,~,....'-,- .......-....
.. ...- ... ..
~-"" ," -,.-..
."
.....
""..
:~~'l~m:-t:t~i*jbkli~ici((ii:;,.JK:;~,~,:~;;i:tUi';~~'0i~Qi;rS'~(ff',,~':J/;,"'~;Ii~~i,;~;;;st~f;~:J:!i.j;Kil~%~i~Jii6iGt\:i:;';fVrt.;tM:;:\:fi;n;;~;

Total Accounts Receivable at the beginning of the reponing period

+ Amounts biled durng the period
- Amounts collected during the period
Total Accounts Receivable at the end of the reportng period

Not Applicable

i
-~.,~;,'::"~:'.
,:,:,;,:;':"~,",'!i"_,:="~,,.~
..,::-.:::.,"1.,"-~.:.:;;'-.::..~,:~~:J~ "'~$ ._,;,~ . ';;r,,":: "", ._;;."'~.':.,;.'~'..;;'".::;.~.;:":~~~~r~~:~.~:;:,!:,..;:,.;~.-;:~::;;,;.;:";;::.~~:,~;..:'i:"$;';;,~,.::;x;.\:~;:.~,;~::;:?;..~,?-~:..,'f.:;:;i~"-"::~:t~~.~.::-:~"';.':,;:ii,~;'~,'..:.'t;:~:~.;:,:.i1;:'(
.,'t"":i:,::":::-;7:"(~'~'';.~',,':~::.::'X;,i:;'''':;~~.'-'::' ""
"" -. _.- ,"".*,.
...
.... "'''....ltt-:imtS.mac~iYlkPI~J'gg:.)ii'iiii;7;;?2,(~\t~0;;&"St7,ii\rn7,Y;~~ii)f!~i;;j;;b/0F?~;'ii;s(fjf,';)'KI;i.0i";(',t~i2;~I;ft0tj'iSt5:Jif&'tr.g!m.o'1nt0~E"1:I"i(,1;t,(i:::;;::;"~',);Lt
....._.
_. -. ,.

.-o - 30 days old

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

Not Applicable

Accounts Receivable (Net)

DEBTOR QUETIONNAIRE

i. Have any assel~ Iieen sold or transferred outside the normal course of business

No

this reponing peiod? If yes, provide an explanation below.

2. Have any funds been disbursed From any account other than a debtor in possession
account this reporting period? If

No

yes. provide an explanation below,

3. Have all postpetition tax returs been timely fiJed? If no, provide an explanaiion

Yes

below.
4. Are workers compensation, general

liability and other necessary jnsurance

Yes

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

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

No

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

FORM MOR-5
(04107)