IN THE UNITED STATES BANKRUPTCY COURT

In re: )

FOR TH DISTRICT OF DELAWAR

Chapter 11

PACIFIC ENERGY RESOURCES LID., et ai., 2 )

Case No. 09-10785(KJC)

Debtors. ))
)

(Jointly Admstered)

Deadline for Objections: JU Ilf ~ , 2009 at

4:00 p.m. prevailng Eastern time.

SECOND VElUIED MONTID Y APPLICATION FOR

COMPENSATION AN REIMUREMENT OF EXPENSES OF SCHULY, ROBERTS, SLATTERY & MAO PLC AS SPECIA OIL & GAS AN TRASACTIONAL COUNSEL FOR TH DEBTOR AND DEBTOR IN
POSSESSION FOR THE PERIOD FROM APRI 1. 2009 TO APRIL 30. 2009

Pursuat to sections 330 and 331 of Title 11 of the United States Code (the "Banptcy
Code"), Rl.e 2016 of the Federal Ru1es of

Banptcy Procedure (collectively, the "Banptcy

Rules"), and the Cour's "Adminsttive Order Under 11 U.S.C. 105(a) and 331 Establishing

Procedures for Interi Compensation and Expense Reimbursement of Professionals and

Committee Members," entered on or about April 15, 2009 (the "Administrtive Order"),
Schl.ly, Robert, Slattery & Maro PLC (or the "Firm"), Special Oil & Gas and Transactional
Counsel to the Debtors and Debtors in Possession ("Debtot'), hereby submits its First Verified
Monthy Application (the "Application") for Compensation and for Reimbursement of

Expenses

for the Period from April 1, 2009 through April 30, 2009 (the "Interim Fee Period") in the
amount of $103,653.50 and actual and necessar expenses in the amount of $797.22 for a total

2 The Debtors in these cases, along with the last four digits of each ofthe Debtors' federal tax identification number,
are: Pacific Energy Resources Ltd. (3442); Petrocal Acquisition CoIp. (6249); Pacific Energy Alaska Holdings, LLC

(tax LD. # not avaiable); Cameros Acquisition Corp. (5866); Pacific Energy Alaska Operatig LLC (7021); San Pedro Bay Pipeline Company (1234); 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.

021 0737 newapril

allowance of$104.450.72 payment of

$82,922.80 (80% of

the allowed fees) and reimbursement

this

of

$797.22 (100% of

the allowed expenses) for a total payment of$83,nO.02. In support of

Application, the Finn respectfuly represents as follows:

Retention of Schullv. Roberts. Slattery & Marino PLC

1. The retention of the Fir as counsel to the Debtor, was approved effective as of

March 8,2009, by tls Cour's "Order Grantig Debtor's Application to Retain Schully, Roberts,
Slattery & Maro PLC as Special Oil & Gas and Transactional Counsel Nunc Pro Tunc

Puruat to Section 327(e) of the Banptcy Code and Banptcy Rile 2014" entered on or
abut April 15, 2009 (the "Retention Order"). The Retention Order authoried the Firm to be

compensated on an hourly basis and to be reimbursed for actu and necessar out-of-pocket

expenses.

Summary of Services Rendered

2. Attched hereto as Exhibit A is a detaled statement of fees incured during the

Interim Fee Period ~howig the amount of$l 03,653.50 due for fees.
3. The services rendered by the Fir durng the Interim Fee Period are grouped into

a single category related to the Finn's role as Special Oil & Gas and Transactiona Counsel for
the Debtor.
4. Durg the Interi Period, the Fir, among other tlngs: (1) communcated with
reguators in response to notices related to reporting requirements, royalty assessments, lease

maitenance and pending litigation; (2) assisted Debtor in the preparation of motions and
memoranda relating to oil and gas and transactional legal issues, prepared and reviewed lease
and propert assessments for entities who are managing Debtors' assets, in the review of deeds

and assignents to Debtor for assets acquired by Debtor, and in the review of plan of

021 0737 newapril

exploration and on-going operation of Debtor's oil and gas business; (3) assisted Debtor in
respnding to claims made by Debtor's co~lessees for moneys due under varous oil & gas
agreements; (4) responded to dirct creditor inquiries regarding conduct of Debtor's ongoing

business, including propertes previously held or serviced by Debtors, and (5) consulted with

debtor and creditors in preparng proposed sale documents puruant to billing processes for the
disposition of cert oil and gas properties.

5. The Fir spent a total of 320.6 hour and incured fees in the amount of

$103,653.50 in providing these oil and gas and transacional servces to the Debtors.

6. A more detailed identification of the actu services provided is set fort on the
attched Exhibit A. Exhbit A identifies the attorneys and paraprofessionals who rendered
serices relating to each category, along with the number of hour for each individual and the

tota compensation sought for each category.

Summary of Services bv Proiect

7. The servces rendered by SRSM during the Interim Period can be grouped into

the categories set fort below. SRSM attempted to place the services provided in the
category that best relates to such services. However, because certain services may relate to one

or more categories, services pertaining to one category may in fact be included in another
category. These servces pedormed, by categories, are generaly described below, with a more

detailed identification of the actual services provided set forth on the attached Exhibit A.
Exhbit A identifies the attorneys and paraprofessionals who rendered services relating to each
category, along with the number of

hour for each individua and the tota compensation sought for

each category.

021 0737 newapril

A. Asset Dispositon

8. Durng the Interim Period, the Fir, among other thgs: (1) performed work
regardig the proposed auction of the Beta and Alaska assets, (2) the preservation of assets for
the Debtor's estate or for disposition; (3) the quafication of

potential purchasers; (4) interfacing

with regulatory entities, (5) prelimnar drfting of purchase and sales agreements; and (6)
corresponded extensively regarding asset disposition issues.
Fees: $19,065.00
B. Bankrptcv Litigation
Hours: 53.1

9. Durg the Interim Period, the Firm, among other thngs: (1) performed work
regarding the secured creditor matters; (2) attended to notice issues; (3) performed work regarding
lessor and royalty owner claim and theatened litigation; (4) performed work regarding Notices

and Hearngs; (5) performed research; (6) attended to pending litigation coordination issues;
(7) atnded to schedulg issues; (8) performed work regarding unpaid royalties and obligations to

parers; (9) drafed several extensive memorada relative to oil and gas litigation issues; (10)

perormed work regarding overriding royalty issues and how such interests are handled in
banptcy; (11) drafted additional memoranda regarding bonding and escrow issues; (12)

reviewed and analyzed documents dealing with propert rights of the Debtor; (13)

prepared bankruptcy counsel to address issues at hearings; (14) performed work regarding

lender/creditor production payments and legal remedies thereunder; (15) performed work

regardig 0 bj ections; and (16) corresponded and confered regardig banptcy litigation matters.

10. Durng the Interim Period, the Firm, among other thgs: (1) maintained a

memorandum of Critical Dates; (2) maintained document control; and (3) reviewed
correspondence and pleading and forwarded them to appropriate paries.

021 0737 newapril

Fees: $22,812.00
C. Business O'(erations

Hours: 79.50

11. Dug the Interim Period, the Fin, among other thngs, (1) responded to
inquires regarding the continued operations of the oil and gas business of the Debtor relative to
its Alaska and Californa holdings; (2) interfaced with and represented the Debtor before

regulatory agencies including, but not liited to the United State Deparent of Intenor

Minerals Management Servce, The United States Bureau of Land Management, the State of
Alaska Deparent of Natual Resources, the Alaska Oil and Gas Conservation Commssion,

and the Uiuted state Environmenta Protection Agency; (3) assisted the Debtor and banptcy
counsel in its dealings with ongoing escrow and bonding obligations; (4) worked to faciltate the

location of potential parners or purchasers; (5) performed extensive document production and
technical assistace to individuals employed to assist in the day-to-day operations of the Debtor;

(6) assisted banptcy counsel in understading the operations of the Debtor as well as the

details of the acquisition of the oil and gas properties and the obligations of the Debtor
thereunder; (7) worked with Debtor to inform parers in business ventues and to finalize a

proposal to Chevron; (8) worked to assue that title issues and recordation matters were
understood by banptcy counel; (9) worked to resolved pending matters before reguatory
agencies; (10) continued correspondence and communcation regarding royalty relief; (11)
attended to Notice requirements relative to pipelines and nght-of-ways as well as Lessors and

regulators; (12) complied with operational and transactional document request from Creditor
Commttees;(13) parcipated in numerous conference calls to faciltate matters for Creditors

Commttees; and (14) worked with Lazd Freres and Zolfo Cooper to faciltate possible sale of
operations.

021 0737 newapril

Fees: $18,240.00

Hours: 52.70

D. Claims Administration and Objectons

12. Durng the Inter Period, the Fir, among other things: (1) responded to
inquies from claiants; (2) attended to bar date issues; (3) performed work regarding the Aera,

SWEPI and Noble claims; (4) performed work regardig claims analysis; (5) assisted
banptcy counsel in drafting objections to claims; (6) reviewed and analyzed claims and

related documents; (7) performed work regarding exhbits to clai objections; (8) perfonned
work regarding varous abandonment motions and clais of entities to oppose; (9) attended to
discovery issues; (10) performed work regardig royalty clais; (11) perormed work regarding

clai in the Chevron and Marathon litigation matters; (12) attended to issues regarding latefiled clais; (13) performed work regarding a stipulation involving Chevron claims; (14)

performed extnsive research on a number of claims issues presented by banptcy counel; (15)
attended to issues regardin priority claims; (16) prepared memorada for a heags regarding

royalty matters; (17) performed work regarding claim objection responses; (18) performed work
regardig potential regulatory clais matters; (19) attended to issues regarding lessor claims;

(20) attended to potential abandonment issues; (21) performed work regaring orders; and (22)
corresponded and conferred regarding clai issues.

Fees: $26,856.00

Hours: 87.30

E. Compensation of ProfessionalSlRetention of Professionals

13. This category includes work related to the fee applications of the Firm. During

the Interim Period, the Firm, among other thngs: (1) performed work regarding the Firm's

May 2009 mont1y and supplementa fee applications; (2) drafed the Firm's May 2009 monthy

fee applications; and (3) monitored the status and tiing of fee matters.

021 0737 newapl

Fees: $1,500.00

Hour: 3.90

Disbursements
7. The Fir has incured out-of-pocket disbursements durg the Interim Fee Period

in the amount of $797.22. Puuat to Local Rule 2016-2, the Firm represents that its rate for

duplication is $ .10 per page.

Valuation of Services
8. Attorneys and paraprofessionals of

the Fir have expended a total of320.6 hours

in connection with ths matter durng the Interi Fee Period.

9. The amount of time spent by each of these persons providing services to the
Debtors for the Fee Period is fuly set fort in the deta attched hereto as Exhbit A. These are
the Firm's stadad hourly rates of compensation for work of this character. The reasonable

value of the services rendered by the Firm for the Interi Fee Period as Special Oil & Gas and
Transactional Counsel for the Debtor is $103,653.50.

10. The Fin believes that the time entres included in Exhbit A attached hereto are
in compliance with the requirements of

Local Rule 2016-2.

11. In accordance with the factors enumerated il 11 U.S.C. 330, the amount
requested is fair and reasonable given (a) the complexity of

ths case, (b) the time expended, (c)

the nature and extent of the services rendered, (d) the value of such services, and (e) the costs of
comparable servces other than in a case under this title.

12. Ths Application covers the Interi Fee Period from Aprill, 2009 though Apnl

30,2009.
WHFORE, the Firm respectfuly requests that, for the April

1, 2009 though April

30, 2009 period, an interim allowance be made to the Fin for compensation in the amount of

021 0737 newapril

$103,653.50 and actual and necessar expenses in the amount of $797.22 for a tota allowance of

$104.450.72 payment of $82,922.80 (80% of the allowed fees) and reimbursement of $797.22
(100% of the allowed expenses) for a tota payment of

$83,720.02.

02 i 0737 newapril

VERIICATION

STATE OF LOUISIANA

PARSH OF ORLS:

Anthony C. Marno, after being dily sworn according to law, deposes and says:
a) I am a shareholder of the applicant law firm Schully, Robe, Slater &

Maro (the ''Fir'').

b) I am thoroughy familar with the work performed on behal of the Debtors by

the lawyers and paraprofessionals of the Firm.

c) I have reviewed the foregoing Application and the facts set fort therein are

tre and correct to the best of my knowledge, inormation and belief Moreover, I have reviewed

DeL. Ban. LR 2016-2 and the Admstve Or ente on or about Marh 6, 2009, and submit
tht the Application substtially complies with such Rule and Order.

/ .
SWORN AND SUBSCRIBED before me

-~~ ,// .~

ANTHONY C. MANO

This 4~ day of)uly, 2009.

Notary P lie ii .
My Commssion Expires at death.

~~~

IN THE UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF DELA WARE

In re: ) Chapter 11
) PACIFIC ENERGY RESOURCES LTD., et al., i) Case No. 09-10785(KJC)

Debtors. )

) (Jointly Administered)

) Objections Deadline: July 30, 2009 at 4:00 p.m.

NOTICE OF FILING OF FEE APPLICATION

TO: (i) the Debtors; (ii) counsel to the Debtors; (iii) the United States Trustee, and (iv) counsel to the Official Committee of Unsecured Creditors (the "Notice Parties")

Schully, Roberts, Slattery & Marino PLC ("SRSM"), special oil and gas and
transactional counsel to the debtors and debtors in possession in the above-captioned case (the

"Debtors"), has filed its Monthly Application for Compensation and Reimbursement of

Expenses of Schully, Roberts, Slattery & Marino P LC as Special Oil and Gas and
Transactional Counsel to Debtor and Debtors in Possession, for the Period

from Aprill, 2009

through April 30, 2009, seeking compensation for services in the amount of $103,653.50 and
reimbursement of costs incured in the amount of $797.22 (the "Application").
PLEASE TAK FURTHER NOTICE that objections, if any, to the Application must

be made in accordance with the Admnistrative Order Under 11 U.S.C. 105(a) and 331

Establishing Procedures for Interim Compensation and Reimbursement of Expenses for

Professionals and Committee Members (Docket No. 147) (the "Administrative Order") and must
be fied with the Clerk of the United States Banptcy Cour for the District of Delaware, 824
Market Street, Wilmington, Delaware 19801, and received by no later than 4:00 p.m. (Eastern
i 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 (702 i); San Pedro Bay Pipeline Company (1234); Cameros Energy, Inc. (9487); and Gotland Oil, Inc. (5463). The mailing

Time) on July 30, 2009 (the "Objection Deadline").

Objections or other responses to the Application, if any, must also be served so

that they are received not later than July 30, 2009 at 4:00 p.m. prevailng Eastern time, by:
(a) the Debtors, (1) Pacific Energy Resources, 111 W. Ocean Boulevard, Suite 1240, Long Beach, CA 90802, Attn: Gerry Tywoniuk, Senior VP & CFO and(2) Zolfo Cooper, 1166 Sixth
Avenue, 24th Floor, New York, NY 10036, Attn: Scott W. Winn, Senior Managing Director;
(b) counsel to the Debtors, (1) Pachulski Stang Ziehl & Jones LLP, 919 North Market Street, 1 ih

Floor, Wilmington, DE 19899-8705, Attn: Laura Davis Jones, Esq.; Fax: 302-652-4400, e-mail:

liones~pszilaw.com and (2) Pachulski Stang Ziehl & Jones LLP, 10100 Santa Monica Blvd.,

11th Floor, Los Angeles, CA 90067-4100; Attn: Ira D. Kharasch, Esq; Fax: 310-201-0760,
e-mail: ikharash~pszilaw.com (c) the Office of

the United States Trustee, J. Caleb Boggs

Federal Building, 844 N. King Street, Suite 2207, Lock Box 35, Wilmington, Delaware 19801,
Attn: Joseph McMahon, Esq. and (d) counsel for the Official Committee of

Unsecured Creditors

(the "Committee"), (1) Steptoe & Johnson LLP, 2121 Avenue of

the Stars, 28th Floor, Los

Angeles, CA 90067; Attn: Katherine C. Piper, Esq., Fax: (310) 734-3173, e-mail:
kpiper~steptoe.com and (2) Pepper Hamilton LLP, Hercules Plaza, Ste 5100, 1313 N. Market

Street, Wilmington, DE 19801; Attn: James C. Carignan, Esq., Fax: (302) 421-8390, e-mail:

icarignan~pepperlaw.com (the "Notice Paries")

PLEASE TAKE FURTHER NOTICE that if any responses or objections to the

Application are timely fied, served and received, a hearg on the Application will be held at the

convenience of the Bankuptcy Court. Only those objections made in writing and timely fied
and received in accordance with the Administrative Order and the procedures described herein

address for all of

the Debtors is ILL W. Ocean Boulevard, Suite 1240, Long Beach, CA 90802.

wil be considered by the Banptcy Cour at such hearing.

PLEASE TAK FURTHER NOTICE that, pursuat to the Administrative Order, if
no objection to the Application is timely fied, served and received by the Objection Deadline, the Applicant may be paid an amount equal to the lesser of (1) 80 percent of the fees and 100 percent

of expenses requested in the Application or (ii) 80 percent of the fees and 100 percent of the
expenses not subject to an objection without the need for further order of

the Banptcy Court.

Dated: July 10, 2009

P ACHULSKI STANG ZIEHL & JONES LLP

a a Davi Jones (DE . 2436)

Ira . Khara ch (CA ar No. 09084)

Scotta E. McFarlan (DE Bar 0.4184, CA Bar No. 165391)

Robert M. Saunders (CA B 0.226172)

James E. O'Neil (D o. 4042)

Kathleen P. Makowski (DE Bar No. 3648) 919 North Market Street, 1 ih Floor P.O. Box 8705 Wilmington, DE 19899-8705
Telephone: 302/652-4100

Facsimile: 310/652-4400
Email: liones~pszilaw.com

ikharasch~pszilaw.com smcfarland~pszilaw.com rsaunders~pszilaw.com ioneil~pszilaw.com kmakowski~pszilaw.com

Counsel for Debtors and Debtors in Possession.
68773-002\DOCS _DE: I 505 12.1

EXHIBIT A

0210737 newapril

Hours Rate Amount

AD 04/02/09 LGW Continued work on abandonment of Spur .90 $300.00 $270.00 platform and preliminar drng of
opinion;
AD 04/03/09

DMC

Assist Ms. Wolfwith prepartion of

sale

.50

$200.00

$100.00

checklist;
AD 04/03/09 AD
04/03/09

DMC Create Schedule for Alaska leases; DMC

Create schedule for Alaska real propert;

.50

$200.00

$100.00

.50
.50

$200.00
$200.00
$200.00

$100.00
$100.00 $100.00 $240.00

AD 04/03/09 AD 04/03/09

DMC Create schedule Alaska rights of way;

DMC Create schedule materal contracts;

.50 .80

AD 04/03/09

LOW Preliminar drafg of exhbits for Motion to Abandon Spur Platform, Alaska;

$300.00

AD 04/03/09 LOW Review prior

title opinon regarding Spur .70 $300.00 $210.00

platform;

AD 04/04/09 ACM E-mal Mr. Katic and revision of

punch .90 $450.00 $405.00 list for proposed sale of Alaska properties;

AD 04/06/09 LGW Review and revise reps and waranties for .50 $300.00 $150.00 banptcy counsel;
AD 04/13/09 LOW PSA's for Mr. Amber- SWEPI PSA for .50 $300.00 $150.00
data room;

AD 04/13/09 LGW Preliminar fie research on varous Beta .50 $300.00 $150.00
PSAs for Mr. Amber - AERA PSA for dataroom;

AD 04/13/09 LGW Prelimiar file research on varous Beta .50 $300.00 $150.00
PSAs for Mr. Amber - NOBLE PSA for dateroom;
AD 04/14/09 LGW File review

and research regarding Beta .90 $300.00 $270.00

trst for Mr. Lynd;

021.2795.0736aapri1time.final

AD 04/14/09

LGW Assist in revising information for Lynd PowerPoint verify numbers with Alaska

.90

$300.00

$270.00

offce;
AD 04/14/09
LGW Discussion of proposed Beta PSA with Mr. Amber, Mr. Sleichter and Mr. Marno;
ACM E-mails to Mr. Amber regarding Beta PSA as a form for sellng assets; ACM
Conference with Ms. Wolf regarding

.90

$300.00

$270.00

AD 04/14/09

.50

$450.00

$225.00

AD 04/14/09

.30

$450.00

$135.00

conference calls and need for consistency

among attorneys;

AD 04/14/09

ACM E-mails to Mr. Litvak and follow-up with Mr. Amber; ACM Varous e-mails to clients for reply to Chevron possible TBU buy-out; ACM Review insert for PSA regarding bonding; ACM Follow-up with Mr. Amber and Mr. Sleichter regarding insert for PSA;

.50

$450.00

$225.00

AD 04/14/09

.20

$450.00

$90.00

AD 04/14/09

.90

$450.00

$405.00

AD 04/15/09

.90

$450.00

$405.00

AD

04/16/09

LGW Work on proposed sale projects for banptcy consultants - Lazd; locate
Forest tranaction valuations and send to

.90

$300.00

$270.00

consultants;

AD 04/16/09

LGW Answer e-mails regarding PERL Beta

.90

$300.00

$270.00

purchase agreement and dr new

language to cover financial responsibility requirements ofMMS;

AD 04/16/09

LGW Anwer questions for Rutan regarding

Beta Operating Agrement waranties and

.90

$300.00

$270.00

environmenta representations;
AD 04/16/09

ACM Initial discussion with Ms. Wolf and Mr. Amber regarding Beta purchase agreement and revisions requied for banptcy considerations;

.90

$450.00

$405.00

AD 04/16/09

ACM Drafing of proposal compromise documents with Chevron;

.60

$450.00

$270.00

AD 04/16/09

ACM Follow-up discussion with client and Mr. Sleichter regarding mandatory provisions for Beta PSA and obligations that will have to be followed by any potential purchaser; assist in creation of new
provisions for next draf;

.90

$450.00

$405.00

AD 04/16/09

ACM Conference call with PERL offcers regarding MMS options for royalty reduction and qualification of purchasers in Pacific region; ACM Conference with Ms. Wolf regarding issues related to Beta purchase agreement and pending memoranda to be fied by

.90

$450.00

$405.00

AD 04/17/09

.30

$450.00

$135.00

banptcy counsel;
AD 04/17/09

ACM Revisions to Beta PSA as a result of conference call and input of Mr. Amber, Ms. Wolf and Mr. Sleichter to make document work for stang horse bidder;

.90

$450.00

$405.00

AD

04/21/08

LGW Receive and review draf of Alaska assets PSA and determine whether all assets have been addressed;
ACM E-mails and calls to Mr. Amber and Mr. Sleichter regarding Alaska Assets PSA how to handle shaes of pipeline company

.90

$300.00

$270.00

AD 04/21108

.90

$450.00

$405.00

and escrow accounts;

AD 04/21/08
AD 04/21/08

ACM Extnsive revisions to Alaska Assets PSA; ACM Discussion with Mr. Cervi and Ms. Wolf regarding Wyoming questions;
LGW Receive and review draf of Alaska assets PSA and redline a comment per Mr. Maro on environmental representations;

.90
.60

$450.00 $450.00

$405.00
$225.00

AD 04/22/09

.90

$300.00

$270.00

AD 04/22/09

LGW Discussion with Alaska counsel regarding possibility of locating purchaser for Redoubt given volcanic activity; receive

.60

$300.00

$180.00

contemporaeous press releases from Chevron and other major operators in Cook Inlet;

AD 04/22/09 ACM Review and respond to e-mails regarding .30 $450.00 $135.00
revisions to Alaska PSA;

AD 04/22/09 ACM E-mails and calls to Mr. Amber and Mr. .90 $450.00 $405.00
Sleichter regarding revisions to Alaska Assets PSA; discussion of qualification of
prospective buyers and finacial
responsibilty and abilty requirements;

AD 04/22/09 ACM Continued drafng of

revisions to Alaska .90 $450.00 $405.00

Assets PSA;

AD 04/22/09 ACM Conference call with Mr. Cervi and client .60 $450.00 $225.00
regarding obligations of

PERL to lenders

and plan for opening data rooms to

bidders;

AD 04/23/09 DMC Draf prelimar lease exhbit for PSA

Alaska all PEAO properties;

.90 $200.00 $180.00

AD 04/23/09 DMC Draf exhbit for material contracts for

PSA;

.70 $200.00 $140.00

AD 04/23/09 DMC Draf exhbit for PSA - owned real

property, rights of

.90 $200.00 $60.00

way, necessar consents to be obtained;

.60 $200.00 $120.00

AD 04/23/09 DMC Locate Master conveyance filings in

Alaska recording distrcts and request copies per Mr. Marno;

AD 04/24/09 DMC Draf revised lease exhbit for PSA Alaska .90 $200.00 $180.00
-all PEAO properties and incorporate changes;

AD 04/24/09 DMC Dra revised exhbit for material contracts .70 $200.00 $140.00
for PSA and incorporate changes;

AD 04/24/09 DMC Dr revised exhbit for PSA - owned real .90 $200.00 $60.00
propert, rights of

way, necessa consents to be obtained and incorporate changes;

AD

04/24/09

LGW Revise language to PSA to cover seismic and pipe line issues; redline and send for comment;

.90

$300.00

$270.00

AD

04/24/09

ACM Review and respond to e-mails regarding Cook Inlet Pipeline schedules and related

.90

$450.00

$405.00

agrements;
AD

04/24/09

ACM

E-mail Mr. Lynd at Laz will follow-up

.90

$450.00

$405.00

telephone conference regarding sale procedures and proposed PSAs; discuss need to tailor to individua bidders depending on size and financial wherewithal;

AD 04/25/09

ACM

Review and respond to e-mails from Mr. Amber and Mr. Sleichter and Mr. Tywoniuk regarding PSA for Alaska assets;

.40

$450.00

$180.00

AD 04/25/09

ACM Conference with Ms. Wolf and follow-up with Mr. Litvak regarding issues for proposed sale;

.40

$450.00

$180.00

AD 04/26/09

LGW Review e-mails and respond to PSA matters for client and Mr. Marno - nonrefudable deposit matters and effective date issues; LGW Review and revise Alaska Assets PSA per Mr. Marno and co-counsel; LGW Work on schedules and provisions relevant to bonding matters;
LGW Review material contrcts for necessar

.90

$300.00

$120.00

AD 04/26/09

.30

$300.00

$90.00

AD 04/26/09

.90

$300.00

$270.00

AD 04/26/09

.30

$300.00

$90.00

inormation;
AD 04/26/09

LGW Paricipate in conference cali on sales process and discuss Buyer options; LGW Redraf buyer's representations for Alaska assets PSA;

.70

$300.00

$210.00

AD 04/26/09

.90

$300.00

$270.00

AD 04/27/09

ACM Review Alaska PSA and related provisions and respond to e-mails from
debtor and banptcy counsel regarding

.90

$450.00

$405.00

fuding mechasms;
AD 04/27/09

ACM Conference call with corporate and

.90

$450.00

$405.00

banptcy counsel to fialize Alaska

PSA;
AD 04/27/09

ACM Review and respond to varous e-mails concernng bonding for Alaska Assets; review PSA for bonding;

.30

$450.00

$135.00

AD 04/27/09

ACM Telephone conference with Mr. Katic and Mr. Cervi regarding bonding;
ACM Telephone conference with Ms. Davidson at DNR; discussion with acting director of DNR on same issues; ACM Conference call with Mr. Amber, Mr. Tynoniuk, Mr. Karasch, Ms. Wolfand company representatives for PSA Alaska assets;

.30

$450.00

$135.00

AD 04/27/09

.90

$450.00

$405.00

AD 04/27/09

.90

$450.00

$405.00

AD 04/28/09

LOW Four revision of Alaska Assets PSA per

.70

$300.00

$210.00

Mr. Maro and co-counsel;

AD 04/28/09

LGW Discussion of liabilties that would be

taen by proposed purchasers;

.80

$300.00

$240.00

AD 04/28/09

LGW Rework schedules and provisions relevant to bonding matters to reflect discussions and paricipate in conference call on same;

.80

$300.00

$240.00

AD 04/28/09 ACM Review and respond to varous e-mails .90 $450.00 $405.00
regarding Alaska assets, PSA and bonds; conference with Ms. Wolf;
AD 04/28/09 ACM Follow-up with Mr. Sleichter; .30 $450.00 $150.00

AD 04/28/09 ACM Discussion with business advisors

regarding negotiations with prospective purchasers and need for confdentiality
agreements; propose drft of such

.90 $450.00 $405.00

agreement and comment;

AD 04/29/09 LGW Continued discussions of

obligations of .70 $300.00 $210.00

debtor and impact of same on new buyer;

redr provisions;

AD 04/29/09 LGW Discuss non-operated propert issues with .70 $300.00 $210.00
client and banptcy counsel and tr to clarfy position to be taen with
prospective buyer;
AD 04/29/09 LGW Discuss federa

lease propert issues with .80 $300.00 $240.00

client and banptcy counsel and tr to clarfy position to be taen with
prospective buyer;

AD 04/29/09 ACM Varous emails to Mr. Sleichter and Ms.

Wolf

.90 $450.00 $405.00

regarding Alaska PSA; follow-up

with Mr. Arlington;

AD 04/29/09 ACM Revise PSA provisions regarding financial .90 $450.00 $405.00
obligations of

buyer and PERL;

AD 04/29/09 ACM Continued dialogue with Mr. Amber and .90 $450.00 $405.00
co-counel to determe course of action for next financing conference with lender; review and respond to bonding issues;

TOTAL $19,065.00

BL 04/01/09 DMC Review e-mails from banptcy counsel .30 $200.00 $60.00
and Debtor; send to Mr. Maro;

BL 04/01/09 DMC Review and copy all additional pleadings .90 $200.00 $180.00
filed in the PERL consolidated banptcy pleadings;

BL 04/01109 DMC Index and file same; .50 $200.00 $100.00

BL 04/01109 DMC Discuss certin pleadings with Mr. Maro .30 $200.00 $60.00
and Ms. Wolf;

BL 04/01/09 LGW Discuss meetings with Ms. Kharch and .60 $300.00 $180.00
handle request for telephone calIon varous PERL issues; create agenda and circulate;

BL

04/01/09

ACM Review and respond to varous e-mails from Mr. Kharasch for abandonment issues; ACM Follow-up with Ms. Wolfregarding production of documents; ACM Review legal memorandum on P & A liability and comment;
ACM Telephone conference with Mr. Reed at Steptoe regarding pre-petition royalties; DMC Prepar banptcy pleadings fies for

.50

$450.00

$$225.00

BL

04/01/09

.50

$450.00

$225.00

BL

04/01/09

.70

$450.00

$315.00

BL

04/01/09

.80

$450.00

$360.00

BL

04/02/09

.90

$200.00

$180.00

primar case - PERL;

BL BL

04/02/09 04/02/09

DMC Set up file for PEAO;

DMC Set up file for San Pedro PL and other PERL entitles; DMC Telephone call with banptcy paralegal to get copies;

.90 .90

$200.00 $200.00

$180.00 $180.00

BL

04/02/09

.20

$200.00

$40.00

BL

04/02/09 04/02/09 04/02/09 04/02/09

DMC Offce conference with Mr. Marno; DMC

Offce conference with Ms. Wolf;

.50

$200.00

$100.00 $120.00

BL
BL
BL

.60
.90 .90

$200.00 $200.00 $200.00

DMC Document review and summarze;

$180.00 $180.00

DMC Locate all closing documents for original Alaska acquisition for banptcy counsel; DMC Locate all BET A documents;
LOW Review drs of memoranda for

BL BL

04/02/09
04/02/09

.30 .90

$200.00
$300.00

$60.00
$270.00

banptcy counsel and oil and gas related

issues;
BL

04/02/09

LGW Follow-up discussion with Mr. Hoge's offce -offce on pending PERL litigation; LOW Discussion with Ms. Rogers regarding 3/27 DNR letter and proposed response to avoid loss of rights;

.30

$300.00

$90.00

BL

04/02/09

.60

$300.00

$180.00

BL

04/02/09

LGW Review Marathon demand payment and comment;

.80

$300.00

$240.00

BL

04/02/09

LGW Review GOM case for Mr. Marno regarding P&A issues in banptcy; LGW Telephone conference regarding document procution for Lenders; LGW Locate key documents for lenders' counsel;
ACM ACM
Review legal research of

.90

$300.00

$270.00

BL

04/02/09

.60

$300.00

$180.00

BL

04/02/09

.60

$300.00

$180.00

BL

04/02/09
04/02/09

Ms. Doody;

.50
.20

$450.00
$450.00

$225.00
$90.00

BL

E-mails to Ms. Wolf

regarding banptcy admstrative matters;

research on GOM LLC case and discussion;

BL 04/02/09 ACM E-mails to Ms. Doody regarding legal .80 $450.00 $360.00

BL 04/03/09 ACM Telephone conference with Mr. Katic .50 $450.00 $225.00

regarding punch list issues for lenders;

BL 04/03/09 ACM Prelimiar drafing of

updated punch list .40 $450.00 $180.00

- debt;

BL 04/03/09 LGW Continued work on abandonment issues as .90 $300.00 $270.00

posed by Lenders' counsel and debtors' counsel;

BL 04/03/09 LGW Discussion with counsel regarding

decommissionig trt for Alaska

.80 $300.00 $240.00

propert;
BL 04/03/09 LGW Follow-up discussion with Mr. Hoge
regarding Alaska litigation;
.50 $300.00 $150.00

BL 04/06/09 DMC Review PACER site to determine new

fiings in consolidated banptcy proceeding;

.50 $200.00 $100.00

BL 04/06/09 DMC Index and review banptcy pleadings;

BL 04/06/09 DMC Provide copies to Ms. Wolf and Mr. Marno;

.90 $200.00 $180.00

.60 $200.00 $120.00

BL

04/06/09

ACM Review and respond to e-mails regarding ratification and joinder issues and validity of argument; ACM Telephone conference with Ms. Wolf regarding lender requests;

.90

$450.00

$405.00

BL

04/06/09

.60

$450.00

$270.00

BL

04/06/09

ACM E-mails to Ms. Doody regarding UCC legal research;

LGW Continued discussion regarding PERL's obligations Unit agreements and
memoradum to lenders' and debtors' counsel;

.70

$450.00

$315.00

BL

04/06/09

.90

$300.00

$270.00

BL

04/06/09

LGW

Continued review of prelimiar filings

.70

$300.00

$210.00

and make sure all pares requirig

statutory notice have been advised of

Chapter 11;

BL

04/06/09

LGW Review and revise disclosure statements/schedules for DIP senior secured super priority financing; LGW Conference call with banptcy counsel regarding timing of motions and requirements of Oil and Gas lenders; LGW Continued work on Unocal Motion and redline and revise for Mr. Litvak; LGW Review Nort Trading Bay agreements

.90

$300.00

$270.00

BL

04/06/09

.80

$300.00

$240.00

BL

04/07/09

.90

$300.00

$270.00

BL

04/07/09

.80

$300.00

$240.00

per Bingha attorneys;

BL

04/08/09

LGW Continued work on revised Unocal Motion and new revisions;

.90

$300.00

$270.00

BL

04/08/09

LGW Review new demand letter from Chevron and respond to assignment arguments; LGW
Discuss Medema family respons with

.80

$300.00

$240.00

BL

04/09/09

.80

$300.00

$240.00

Alaska counsel and banptcy counel;

BL

04/09/09

LGW Work with Steptoe attorneys regarding ORR amounts due and help them to

.90

$300.00

$270.00

understad PERL's obligation to such owners;

BL 04/1 0/09 LOW Discuss Alaska escrow accounts with .90 $300.00 $270.00

banptcy counsel and unavailabilty of

such fuds for puroses other than those

dictated by regulators;

BL 04/10/09 LOW Send proofs of claim and associated .70 $300.00 $210.00
research to Mr. Saunders; answer reply emails;

BL 04/1 0/09 LGW Conference calls with lenders and .90 $300.00 $270.00
banptcy counel regarding DIP financing and renewals;

BL 04/13/09 DMC Assist Ms. Wolfwith extensive document .90 $200..00 $180.00 requests from banptcy counel;
BL 04/13/09 DMC Review fies and obtain copies of .90 $20.0.00 $180.00

overrdes from storage;

BL

04/13/09

DMC Copy overrdes from storage and assemble

.90

$200.00

$180.00

fies;
BL BL
04/13/09 04/13/09
DMC Copy overrdes from discs;
.90 .90

$200.00 $200.00

$180.00

DMC Copy ancilar documents afecting PERL interests in Californa and Alaska;

$180.00

BL 04/13/09 DMC Prepare index of

same for cour filings; .90 $200.00 $180.00

BL 04/13/09 DMC Send e-mai1s of all documents to counsel; .60 $200.00 $120.00
BL 04/13/09 LOW Discussions of

potentially confidential .90 $300.00 $270.00

documents with banptcy counsel per
request of Goldman attorneys;

BL 04/13/09 LGW Inquie regarding Goldman fee letter

agreement with Ruta firm and whether

.3.0 $300.00 $90.00

such letter must be redacted before production to unsecured creditors;

BL .04/13/09 DMC Review PACER site to determine new fiings in consolidated banptcy
proceedings;

.70 $200.00 $140.00

BL BL

04/13/09

DMC Index and file banptcy pleadings; DMC Varous offce conferences with Ms. Wolf regarding new motion filings;

.50 .50

$200.00

$100.00 $100.00

04/13/09

$200.00

BL

04/13/09

DMC Make appropriate copies for Mr. Maro's review;

LGW Review banptcy cour filings appearance of Alaska DNR and forward to Alaska counel; discussion of strtegy to enable continued operations;

.90

$200.00

$180.00

BL

04/14/09

.80

$300.00

$240.00

BL

04/14/09

LGW Continued memorandum dring per

banptcy counel motions to abandon

.90

$300.00

$270.00

properties and reject contrcts;

BL

04/14/09

LGW Review e-mails regarding Unocal reply memorandum;

.30

$300.00

$90.00

BL

04/14/09

LGW Paricipate in conference call with Alaska PERL to aser which documents are in Alaska offce and to determe best way to get copies quickly for banptcy counsel and lenders' counel;
LGW File review and research regarding potentially confdential information for Mr. McFarland;
LGW E-mails and telephone calls to Ruta and owners for Steptoe lawyers regarding specific information required for opposition to motion to pay royalties;
ACM Review varous issues with Ms. Wolf regarding discussion of requests from
banptcy and lenders counel and how
to satisfy;

.70

$300.00

$210.00

BL

04/15/09

.90

$300.00

$270.00

BL

04/15/09

.30

$300.00

$90.00

BL

04/15/09

.60

$450.00

$270.00

BL

04/16/09

LGW Continued file update and PACER review related motions fied by Unoca, Aera and Noble;

.30

$300.00

$90.00

BL

04/16/09

ACM Review and respond to e-mails from

debtor and banptcy counsel regarding

.90

$450.00

$405.00

Alaska abandonment obligations including

detaled explanation of why such

obligations will not be discharged;

BL

04/17/09

LGW Work on IBLA appeal with Mr. Dreuil, follow-up with Ms. Leslie at Dept. of Justice; LGW Legal research on PACER and Westlaw to locate cases and decisions on prematue
abandonment and expense in banptcy;

.90

$300.00

$270.00

BL

04/17/09

.80

$300.00

$240.00

BL

04/20/09

DMC Offce conference with Mr. Maro regarding Escopeta Memorandum of Assignment and scan and send same and
farout letter agreement to Mr. Katic, Mr.

.50

$200.00

$100.00

Arlington, Mr. Amber, Mr. Tywoniuk and

banptcy counsel;
BL
04/20/09
LGW Draf Exhbit for Spur abandonment motion at request for Mr. Litvak; LGW Review issues on West McArur leases at
.90

$300.00

$270.00

BL

04/20/09

.90

$300.00

$270.00

request oflenders' counsel and banptcy

counsel; determne timeframe in which royalties must be paid or leases surendered;

BL

04/20/09

LGW Review Motion to Abandon per Mr. Litvak for factual accuracy and make edits; LGW Follow-up with Mr. Litvak on abandonment memorandum issues and suggest clarfication; LGW Review of 8/2007 acquisition transition documents regarding PERL entity confsion issues for banptcy counsel and for creditors' committee; explain why
deal was strctued the way it was

.90

$300.00

$270.00

BL

04/20/09

.50

$300.00

$150.00

BL

04/20/09

.80

$300.00

$240.00

strctued to accommodate Forest Oil and

lenders;

BL

04/20/09

ACM Conference with Ms. Wolf and Ms. Castle

regarding issues related to rentas due and

.30

$450.00

$135.00

abandonment obligations;
BL
04/20/09

ACM Follow-up with Mr. Arlington on pressing issues and discuss with managers at DNR
in hopes of salvaging leass;

.90

$450.00

$405.00

BL

04/21/09

DMC Review correspondence from Mr. Marno and Mr. Arlington regarding volcano issues in Alaska;
DMC Review e-mails and correspondence from Chevron regarding claims against PERL and notice of oil production due to force majeure, Trading Bay Field; forward
notice to all paries;

.50

$200.00

$100.00

BL

04/21/09

.90

$200.00

$180.00

BL

04/21/09

DMC

Review PACER fiings per Ms. Wolf

to

.70

$200.00

$140.00

determne whether Noble has filed reply

brief; locate and copy opposition

memorada;
BL
04/21/09

DMC Telephone conference with paralegal at Alaska firm to acquir documentation of pipeline transfer from Mobil to PERL (10 shares);

.30

$200.00

$60.00

BL

04/21/08

ACM

Review

and respond to e-maIls regarding

.30

$450.00

$135.00

Spur platform and why abandonment is

reasonable coure of action;

BL

04/21/08

ACM Conference cal with lenders and client regarding DIP financing amendment and whether company can continue to operate;
EJD

.90

$450.00

$405.00

BL

04/22/08

Review cases and shepardize law for Ms. Wolf - Royalty cases;

.30

$225.00

$67.50

BL

04/22/09

LGW Review draf of motions and oppositions

and check for factul accuracy and oil and
gas correctness at request of banptcy

.90

$300.00

$270.00

counsel in 2007;
BL

04/22/09

LGW

Preliminar discussions with Mr. Litvak

.90

$300.00

$270.00

regarding possible abandonment motion

for Trading Bay leass; discussion of

whether non-untized acreage can be saved if abandonment is considered as such acreage may have value to prospective purchasers;

BL 04/23/09 DMC Review, prit and organze all recent

pleadings and filings of record in

.90 $200.00 $180.00

banptcy cases;
BL 04/24/09 DMC Conference with Ms. Wolf; review
PACER and update all docket sheets;
.90 $200.00 $180.00

BL 04/24/09 DMC Locate Guess and Rudd firm filings for creditors and banptcy attorneys and
forward per their request;
BL
04/24/09

.60 $200.00 $120.00

LGW Paricipate in conference cali with lenders and banptcy counel to determne

.90

$300.00

$270.00

proposed schedule for banptcy auction;

BL
04/24/09

ACM Follow-up with reguators regardig royalty motion pending in banptcy cour and explai that regulators will need to clarfy their positions to the cour; reassure that PERL is briging motion to be permitted to pay and is using good faith efforts to comply wit lease terms;
ACM Review Spur Platform issues with Ms. Wolfand Mr. Litvak to determine whether motion is ready for filing and whether lenders are pushig for accelerated timetable;
LOW Revise schedules to motion to abandon Spur platform;

.90

$450.00

$405.00

BL

04/24/09

.60

$450.00

$270.00

BL

04/26/09

.90

$300.00

$120.00

BL

04/26/09

LGW Amend and redline latest version of memorandum;

LGW Review e-mails and discuss with Mr.

.20

$300.00

$60.00

BL

04/26/09

.90

$300.00

$120.00

Cervi and determe why matters have not been made a priority;

BL 04/26/09 LGW Receive communcations regarding .90 $300.00 $270.00

Limited Objection of of

Offcial committee

Unsecured Creditors and begin review

of issues;

BL 04/28/09 DMC Review PACER; obtain copies of

all .90 $200.00 $180.00

relevant pleadings filed;

BL 04/28/09 DMC Make appropriate copies

forMs. Wolf; .90 $200.00 $180.00

index and organze same;

BL 04/28/09 DMC Conference with Mr. Marno; .10 $200.00 $20.00

BL 04/28/09 LGW Telephone call with Mr. Arlington to .80 $300.00 $240.00
discuss proposed revisions to schedules to motion to abandon Spur platform;
BL 04/28/09 LGW Discussion of

how to handle parial .80 $300.00 $240.00

interest and property revisions and send for comment;

BL 04/28/09 LGW Receive communcations regarding .30 $300.00 $90.00 continuation of royalty motion hearg;
BL 04/28/09 LGW Receive numerous questions from co- .90 $300.00 $270.00

counsel regarding issues for motion; legal research regarding same and address issues with co-counsel and client;

BL 04/28/09 LOW Continued drafting of memorandum on

issues;

.90 $300.00 $270.00

BL 04/28/09 LOW Review Aera's Objection to Royalty

Motion;

.90 $300.00 $270.00

BL 04/28/09 LGW Work on Motion to Abandon TBU/TBF;

.40 $300.00 $120.00

.80 $300.00 $240.00

BL 04/29/09 LGW Discussion of how to draf exhbits

regarding parial interest and propert descriptions; fuer revisions, draf and
send for comment;

BL 04/30/09 LGW Review draft motion to abandon TBU and .40 $300.00 $120.00
comment on new redline;

BL 04/30/09 LGW Discussion of paries to notify regarding

abandonment and review title in order to draf proposed list;

.90 $300.00 $270.00

BL 04/30/09 LGW Propose fuer revisions to motion, drft

and send for comment;

.40 $300.00 $120.00

TOTAL $23,352.50

CL 04/03/09 LGW Discussion with Mr. Jungreis regarding

Unoca issues;

.50 $300.00 $150.00

CL 04/03/09 LGW Drft letter to Alaska Ag and send

comment to Ms. Rogers;

.50 $300.00 $150.00

CL 04/03/09 JGS Research Corsair update/amendment .90 $220.00 $198.00

information for Mr. Marno and Ms. Wolf;

CL 04/03/09 JGS Research Trading Bay Unit .90 $220.00 $198.00 update/amendment Information for Mr. Maro and Ms. Wolf;

TOTAL $696.00
CO 04/01/09 LGW E-mails and responses to issues involving
PERL royalty payments -creditors,
.50 $300.00 $150.00

counsel and regulators;

CO 04/01/09 LGW Legal research on work on MMS royalty issues as requested by banptcy counsel
regarding status of MMS lien;

.90 $300.00 $270.00

CO 04/01/09 LGW E-mails and discussion regarding Unocal .90 $300.00 $270.00
motion with Litvak and Alaska counsel;
discussion of Un ocal Ii

en issues and

implications for other creditors;

CO 04/01/09 LGW Work on Royalty motion with Ms. McFarland discussion of approach to

.60 $300.00 $180.00

banptcy issues;
CO 04/01/09 LGW Locate documents and review for Rutan;
.30 $300.00 $90.00

CO 04/01/09 LGW Memoradum regarding fiings to Rutan

regarding CA recordation;

.60 $300.00 $180.00

CO 04/01/09 LGW Answer varous RUSH questions for banptcy counsel by telephone and e-

.90 $300.00 $270.00

mail regarding ordina course necessar payments to lessors and regulators;

CO 04/01109 LGW Legal research to determine whether

FERC or RCA procedure for notice has been satisfied or whether fines wil be assessed;

.90 $300.00 $270.00

CO 04/01/09 ACM Conference call on abandonment .90 $450.00 $405.00

procedures and P & A liabilty to stae and
other landowners;

CO 04/01109 ACM Conference with banptcy counsel and .90 $450.00 $405.00 Bingh law firm and Ms. Black
regarding lender issues;

CO 04/02/09 LGW Discuss lien issues for ZolfoCooper; .50 $300.00 $210.00
CO 04/02/09 LGW Continued discussions of

implications of .70 $300.00 $210.00

.90 $450.00 $405.00

royalty issues with Mr. Saunders;

CO 04/02/09 ACM Review and respond to varous e-mails

regarding abandonment issues and
banptcy code abandonment for

banptcy counsel and lenders;

CO 04/02/09 ACM Follow-up with Ms. Wolf

regarding status .50 $450.00 $225.00

of requests;

CO 04/03/09 LGW Continued research regarding Marathon .70 $300.00 $210.00

demand payment;

CO 04/03/09 LGW Explanations and discussions of Chevron .90 $300.00 $270.00

JIBS and possible abandonment options;
reinforce liabilty matters;

CO 04/03/09 LGW Continued discussions of

royalty issues .50 $300.00 $150.00

joinders for .80 $300.00 $240.00

and governing law with Mr. Saunders;

CO 04/03/09 LGW Review ratification and

banptcy counsel;
CO 04/03/09 LGW Check with Mr., Arlington regarding .40 $300.00 $ 1 20.00
Forest and oil and gas related matters and

isses to help clarfy for banptcy

counsel;

CO

04/03/09

LGW Begin update of research per banptcy counsel for major motion on ORRs (CA, AK, MMS) and production payments; LGW Legal research on ORR issues - Westlaw; LGW Sumarze and brief cases; LGW E-mail counsel with results and respond to e-mails on specific arguents;

.90

$300.00

$270.00

CO CO CO

04/04/09 04/04/09 04/04/09

.90 .90
.30

$300.00

$270.00
$270.00

$300.00 $300.00

$90.00

CO

04/05/09 LGW Continued legal research on production payment issues;

04/05/09 04/05/09
04/05/09

.70

$300.00

$210.00

CO CO

LGW Research Wiliams and Meyers text;

LGW Research CA cases on natue ofORR;

.70
.70

$300.00 $300.00

$210.00
$210.00

CO

LGW Review PACER cases re Alaska decisions regarding natue of ORR and sumarze;

$300.00

$240.00

CO

04/06/09

ACM Review e-mails regarding Chevron UCCs and follow-up with banptcy counel;

.30

$450.00

$135.00

CO

04/06/09

ACM E-mails to Mr. Jungreis regarding Chevron issues;

LGW Review PERL lien holders compilation for Mr. Litvak and revise;
LGW
File research for old Forest Oil lien

.50

$450.00

$225.00

CO

04/06/09

.80

$300.00

$240.00

CO

04/06/09

.90

$300.00

$270.00

holders that PEAO or PERL took subject to;

CO

04/06/09

LGW Revise draf letter to Alaska Attorney General obligations of PERL under
Chapter 11;

.90

$300.00

$270.00

CO

04/06/09

LGW Conference call with lenders' counsel regarding updates of amounts due to ORR holders and why such holders are
not creditors;

.90

$300.00

$270.00

CO 04/07/09

ACM

E-mails to Ruta firm regarding Trading

.80

$450.00

$360.00

Bay Unit Agreements and discussion of

obligations of PERL;

CO 04/07/09 ACM E-mails and calls discussing estimate for P .80 $450.00 $360.00
and A of Spur platform;

CO 04/07/09 LGW Directed legal research on production

payment and royalty isses for Mr.
Saunders;

.70 $300.00 $210.00

CO 04/07/09 LGW Research cass on natue ofleases and

whether Alaska permits parition of oil
and gas leases;

.90 $300.00 $270.00

CO

04/07/09

LGW Review fies to determine whether FOC ever Assumed TBU Operating Agreement or just ''took subject to"; LGW Review Master Conveyances - PERL and Forest and discuss with Mr. Arlington (FOe) and Ruta (PERL); LGW Review FOC PSA reps and waranties per

.90

$300.00

$270.00

CO

04/07/09

.90

$300.00

$270.00

CO

04/07/09

.80

$300.00

$240.00

banptcy counel request;

CO

04/07/09

LGW Review new research on Alaska UCC

.30

$300.00

$90.00

filings for banptcy counsel;

CO

04/07/09

LGW Work on questions from banptcy

counsel regarding non-operated propertes

.90

$300.00

$270.00

and abandonment options;

CO

04/07/09

LGW Determine genesis of Spur platform acquisition; LGW Clarfy non-availability of all agrements with Mr. Arlington and report to lenders; LGW Check Alaska UCCs on line for direct regarding year of acquisition of Spur; follow-up with recording distrct search request;

.90

$300.00

$270.00

CO 04/07/09

.70

$300.00

$210.00

CO 04/07/09

.50

$300.00

$150.00

CO

04/08/09

ACM E-mails and respond to Mr. Saunders regarding right to relinquish leases;

.70

$450.00

$315.00

CO

04/08/09

LOW Continued legal research on production payment and royalty issues for Mr. Saunders and discussion;

.90

$300.00

$270.00

CO

04/08/09

LGW Continue legal research on 0&0 issues

.90

$300.00

$270.00

per lenders and banptcy counsel;

CO
04/08/09

LGW Discuss issues ofRDI ORRs for

.90

$300.00

$270.00

banptcy counsel and attempt to get

updated amounts due and owing and
futue valuations;

CO

04/08/09

LGW File and PACER research regarding MMS proof of claims for banptcy counel; LGW Receive Medema famly banptcy filing regarding ORR discussion with Mr. Saunders and Mr. Jungreis regarding claims; LOW
Discussions ofMMS proof of clais with Mr. Saunders and Mr. Maro; research

.80

$300.00

$240.00

CO

04/08/09

.50

$300.00

$150.00

CO

04/09/09

.90

$300.00

$270.00

PACER Triunon and Panaco

banptcies;
CO

04/09/09

LOW Review production payment cases sent by Mr. Saunders and discuss;

.70

$300.00

$210.00

CO

04/09/09

LGW Continued file review of ORRs and production payments as more objections
come in;

.80

$300.00

$240.00

CO

04/09/09

LOW Review AS 31 05 110 (2008) regarding

natue of ORRs and new legislation;

.70

$300.00

$210.00

CO

04/11/09

LOW Emails on royalty issues from Mr. Saunders; research new issues as
requested; continue PACER review of 5th

.80

$300.00

$240.00

circuit banptcy oil and gas filings;

CO
04/11/09

LGW Request documentation from Mr. Arlington from Alaska files and check with Alaska's cour regarding other suits

.90

$300.00

$270.00

by Medema famly; dr requests for

sae;

CO 04/11/09

LGW Continue review of all acquisition documents for Mr. Saunders; sumarze AERA and SWEPI production payments
and assignments;

.90

$300.00

$270.00

CO 04/11/09

LGW Review Noble acquisition and begin

.90

sumar;

$300.00

$270.00

CO

04/11/09

LGW Review firm fies for scans of recordations of acquisitions; LGW Receive and review of Medema documentation from Mr. Arlington and forward to banptcy counsel;
LGW Discussion with Mr. Litvak and Mr. Jungries regarding Unocal UCC fiings in Alaska;

.30

$300.00

$90.00

CO

04/12/09

.80

$300.00

$240.00

CO

04/13/09

.40

$300.00

$120.00

CO

04/13/09

LGW Continued work on ORR and royalty issues paid by RDI - Alasa; LGW Fursh fied PERL CA MMS and county

.30

$300.00

$90.00

CO

04/13/09

.50

$300.00

$150.00

filings to banptcy counel and discuss

discrepancies;
CO

04/13/09

LGW Discussion of pipeline filings with

.60

$300.00

$180.00.

banptcy counsel; discuss County and

state filings and issues;
CO

04/13/09

LGW Discussion of ordinar coure actions that can be taken without permission of

.30

$300.00

$90.00

banptcy court;
CO

04/14/09

LGW Work on RDI ORR owners for Steptoe lawyers;

.70

$300.00

$210.00

CO

04/14/09

LGW Discussion of CA ORRs and production payments with banptcy counel and PERL employees;
LGW Paricipate in conference call with

.90

$300.00

$270.00

CO 04/14/09

.80

$300.00

$240.00

banptcy counsel to determe extent of

Chevron debt and legitiacy of demands;

CO

04/14/09

ACM Discussion of best way to handle prior lenders' liens and concerns in light of

.50

$450.00

$225.00

futue sale;
CO

04/15/09

LGW Continued discussion and review of CA

ORRs and production payments for

.90

$300.00

$270.00

banptcy counsel; review of 9th circuit

federal cases and banptcy cases;

CO

04/15/09

LGW Continued work on memorandum to

support Debtors' claims;

.90

$300.00

$270.00

CO

04/15/09

ACM Respond to inquires concernng filing issues and leases in Alaska;

.70

$450.00

$315.00

CO

04/16/09

LGW Conference call with Hoge firm regarding need for local filig documentation regarding Medema thoughput right-ofway for litigation; review background of family relationship with prior owner,

.90

$300.00

$270.00

Stewar famly;
CO

04/16/09

LGW Conference cali regarding Royalty payments in Alaska paid by RDI in light of company decision to object to payment; discussion of whether such claims are creditor rights or propert rights; assess likelihood that such motion will not be successful; LGW Review new Medema correspondence and royalty lien documents and e-mail to

.90

$300.00

$270.00

CO

04/16/09

.60

$300.00

$180.00

banptcy counsel;
CO

04/16/09

LGW Continued work on memorandum for concerns of Mr. Saunders regarding interpretation of OCSLA adjacency issues; draft additional explanatory language;
ACM E-mails and discussions with Mr. Litvak regarding interpretation of oil and gas principles and background of PERL acquisitions and lender relationships;

.90

$300.00

$270.00

CO

04/16/09

.90

$450.00

$405.00

CO

04/16/09

ACM Telephone call to Mr. Litvak to follow-up on additional abandonment issue and

.40

$450.00

$180.00

discussion of lenders' potential

liability;

CO

04/17/09

LGW Conference call with Noble Energy

.90

$300.00

$270.00

offcers and counsel regarding banptcy

and futue of company; discuss production

payment arearges and refer to

banptcy counsel;
CO

04/17/09

LGW Locate, copy and send all banptcy filings and other relevant trsactional documents to Noble counsel at request of client; notify banptcy counsel;

.90

$300.00

$270.00

CO

04/17/09

LGW DE UCC filing review related to Noble

issues and discussion of pnority clais in

.50

$300.00

$150.00

light of absence of DE filing;

CO

04/17/09

LGW Work on new issues for memorandum for Mr. Saunders regarding UCC concerns of filings; draf additional explantory language;
LGW Conference calI with Rutan regarding whether Noble UCC filings were completed in Orge CA county and arange for abstrcter to obtain filing certificates to verify;
LGW Research on SEDAR filings to venfy that documents for which confidentiality order is sought are not in the public domain check 2007-2008 all PERL filings;

.90

$300.00

$270.00

CO

04/17/09

.50

$300.00

$150.00

CO

04/20/09

.90

$300.00

$270.00

CO

04/20/09

LGW Legal research on DNR website to determne chain of title for leases withn unt and to see if there are other liable paries that might share abandonment expenses;
ACM E-mails and calls to Mr. Amber and MMS regarding status vis--vis AERA obligations and communcate such

.80

$300.00

$240.00

CO

04/20/09

.90

$450.00

$405.00

inormation to banptcy counel;

CO 04/21/08

LGW Begin review of PERL executory contract

for Ruta firm (at request of banptcy

.90

$300.00

$270.00

counsel );
CO

04/21/08

LGW Clarfy lenders' wholly owned subs for Mr. Saunders and explai how percentages of overrdes were determined by lenders in 2007 and how
documentation of such overrdes was

.90

$300.00

$270.00

accomplished;
CO 04/21/08

LGW

Additiona questions form Mr. Saunders

.90

$300.00

$270.00

regarding pipeline P &A abandonment explanation that escrows are not available
for distinction to shareholders and canot

be surendered;
CO

04/21/08

LGW Follow-up with Mr. Litvak on

abandonment and use of MMS trt fuds
- discussion of whether such trt is

.50

$300.00

$150.00

irrevocable for CA law puroses;

CO 04/21/08

LGW Fursh Mr. Saunders wit copies ofMMS

overrdes and explanations of contractual

.50

$300.00

$150.00

limitations on such rights;

CO
04/21/08

LGW Fursh Mr. Saunders with copies of BETA filings for Noble, SWEPI and

.50

$300.00

$150.00

AERA and explanations of contrctul

limitations on such rights;
CO

04/22/09

LGW

PERL executory contract for Rutan firm (at request of

Continue review of

.90

$300.00

$270.00

banptcy counel) determe whether

specific contracts are stll in force;

CO 04/23/09

LGW

Begin review of

Marathon fuel contrct

.90

$300.00

$270.00

for banptcy counel and prepare

memoradum on same and related operational issues;

CO 04/23/09 LGW Clarfy lenders' wholly owned subs for .90 $300.00 $270.00
Mr. Saunders and explain how percentages of overrdes were determined by lenders in 2007 and how
documentation of such overrdes was

accomplished;

CO 04/23/09 LOW Review and revise memorandum .60 $300.00 $180.00

regarding Alaska trst presumption for

banptcy attorneys and send to

banptcy attorneys and Ruta firm;

CO 04/23/09 LOW Continued work on pending royalty

motion to address new issues posed by
paries intervenig and requesting

.90 $300.00 $270.00

segregation of fuds;
CO 04/24/09 LGW Continued e-mails and research on .90 $300.00 $270.00
production payments and overrdes for

banptcy counsel; redline memorandum

language for sae;

CO 04/29/09 LGW Discussion of

motion to abandon Trading .40 $300.00 $120.00

Bay Unit leaes with co-counsel for

motion due at end of week;

CO 04/29/09 LGW Review comment regarding accountig

and royalty issues for Chevron clais -

.90 $300.00 $270.00

discussions and conference call with

banptcy attorneys;
CO 04130/09 LGW Review comments from banptcy .90 $300.00 $270.00 counsel regarding Chevron accounting and royalty issues and regarding Chevron

clais;
CO
04/30/09

LGW Conference call with counsel on Chevron issues and client (extensive);
LGW
Discuss non-operated propertes issues

.90

$300.00

$270.00

CO

04/30/09

.40

$300.00

$120.00

with client and co-counsel;

CO

04/30/09

LOW Discuss provisions of BLM lease and other federal leases;

.40

$300.00

$120.00

CO 04/30/09 LOW Continued discussion of

royalty issues and .40 $300.00 $120.00

lessor remedies;

CO 04/30/09 LOW Legal research to clarfy position for cocounsel;

.90 $300.00 $270.00

CO 04/30/09 LGW Answer numerous questions from co- .90 $300.00 $270.00

counsel regarding issues for royalty motion; legal research regarding same and address issues with co-counsel and client; continued drafing of memorandum on issues;

CO 04/30/09 ACM Varous e-maI1s concerng TBU and

Motion to Abandon TBU Assets; draf opinion of requested topics;

.90 $450.00 $405.00

CO 04/30/09 ACM Conference with Ms. Wolf; follow-up with Mr. Amber and Mr. Sleichter;
CO
04/30/09

.90 $450.00 $405.00

.90 ACM Review and respond to varous e-mails concerning abandonment issues; follow-up with Ms. Wolf;

$450.00

$405.00

TOTAL $26,370.00
CP

04/02/09

LGW Work with Ms. Drescher regarding SRSM

.40

$300.00

$120.00

fees issues for banptcy cour;

CP

04/06/09

LOW Review Alaska counsel biling and send to PERL for payment;
LGW Work on PERL fees for UST;

.40

$300.00

$120.00

CP

04/06/09

.30

$300.00

$90.00

TOTAL $330.00 TOTAL $270.00

OP
04/01/09 LGW E-mails and discussion regarding Drift
River facilty and volcano;

.30

$300.00

$90.00

OP

04/01/09

LGW File review; munerous telephone calls and

.90

$300.00

$270.00

questions From banptcy counel

regarding San Pedro pipeline issues;

OP

04/01/09

LGW Research into historic documents regarding rights of co-lessees in pipeline;

ACM Telephone conference with Mr. Davis
concernng rental payments for Corsair

.90

$300.00

$270.00

OP

04/01/09

.90

$450.00

$405.00

leases;
OP

04/01/09

ACM Review and respond to e-mails regarding State Right-of-Way;

.40

$450.00

$180.00

OP

04/01/09

ACM Telephone conference with client

regarding Corsair;

.80

$450.00

$360.00

OP

04/01/09

ACM Telephone conference with DNR

regarding Corsair approvals;

.70

$450.00

$315.00

OP

04/02/09

LGW Continued discussions with banptcy

counsel regarding varous abandonment

.90

$300.00

$270.00

issues and decommissionig trsts for

Alaska properties;
OP

04/02/09

LGW Discussion with Alaska PERL sta regarding operational questions for

.90

$300.00

$270.00

banptcy counsel;
OP

04/02/09

ACM

Paricipate in conference cali regarding

.90

$450.00

$405.00

plugging and abandonment issues with

PERL; banptcy counel and

consultants;
OP

04/02/09

ACM Telephone conference with Mr. Katic

regarding Corsair;

.40

$450.00

$180.00

OP 04/02/09 ACM Follow-up with telephone conference with .50 $450.00 $225.00
regarding DNR issues to address with Ms. Davidson;
Ms. Wolf

OP 04/03/09 LGW Conference with Mr. Marno and Ms. .80 $300.00 240.00

Davidson (DNR) regarding possibility of reduced royalties in TBF, Alaska

OP 04/03/09 LGW Review MMS royalty response from Ms. .70 $300.00 $180.00
Leslie and follow-up with e-mail;
OP 04/06/09 ACM Conference with Ms. Wolf

regarding royalty issues and calls to reguators for guidance;

.90 $450.00 $405.00

OP

04/06/09

ACM

Follow-up with Ms. Wolf

regarding

.40

$450.00

$180.00

Assumption of certn liabilties by PEAO

and FAO;
OP

04/07/09

ACM E-mails and discussions with Mr. Arlington regarding timing to get P and A accomplished;

.80

$450.00

$360.00

OP

04/07/09

ACM Conference with Ms. Wolf and Mr. Amber regarding whether such can be accomplished in lenders' timeframe and

.90

$450.00

$405.00

follow-up with banptcy counel;

OP

04/07/09

LGW

Review and discuss farout with Escopeta

.90

$300.00

$270.00

with Alaska counsel for Alaska Attorney

Oenera's inquiries;

OP

04/07/09

LGW Work with Alaska DNR on admiistrative regulation issues posed by lenders' counsel;

.80

$300.00

$240.00

OP

04/08/09

ACM E-mails and telephone calls with Mr. Amber for feasibilty of abandonment given position of debtor;
ACM E-mails and discussions with Mr. Arlington response to Chevron demands and operational realities;
LOW Research on questions from Zolfo regarding temporar shut-in of Alaska facilties and follow-up with Mr.
Arlington regarding feaibilty;

.70

$450.00

$315.00

OP

04/08/09

.70

$450.00

$315.00

OP

04/08/09

.90

$300.00

$270.00

OP

04/08/09

LOW Discussions of new Chevron APE UWDAK J7122-SUP JIBs and whether

.90

$300.00

$270.00

such claim ar Secured - refer to

banptcy counsel for advice;
OP

04/08/09

LOW Discuss reguatory approvals required for P&A of Alaska operated properties;
LOW Discussion with Mr. Arlington re West Forland Unit deadlines;

.30

$300.00

$90.00

OP

04/08/09

.90

$300.00

$270.00

OP 04/08/09 LOW Conference call with Zolfo regarding .80 $300.00 $240.00
war shut-in;

OP 04/08/09 LGW Additional telephone call to Mr. Hall and .90 $300.00 $270.00
Mr. Arlington regarding proposed shut-in and timing to beat the weather;
OP 04/09/09 LGW E-mals and continued discussion of .50 $300.00 $150.00

operation issues with Marthon/Spur with Mr. O'Neil;

OP 04/09/09 LOW Review

and respond to e-mails form Mr. .90 $300.00 $270.00

Arlington and DNR regarding Hemlock P A boundar and allocation schedules;

OP 04/10/09 LGW Review PACER filings; .50 $300.00 $150.00

OP 04/1 0/09 LOW Discussions with Mr. Arlington regarding .90 $300.00 $270.00
Medema thoughput and ORR and

ramifications of cancellation of right-ofway; review assigrent of right of way documentation and report to client;

OP 04/10/09 LOW Discussion with Mr. Kharch regarding .50 $300.00 $150.00
escrow payments per Ms. Davidson and impact on banptcy estate; follow-up with Mr. Marno;

OP 04/14/09 LOW Paricipate in conference call with lenders .90 $300.00 $270.00
on operational issues; send e-mail to follow-up discussions;
OP 04/15/09 LOW Review PERL residential

lease in Alaska .70 $300.00 $210.00

for Mr. Arlington;

OP 04/15/09 ACM Discussions with lenders concerning .70 $450.00 $315.00

issues of abandonment and MMS concerns;

OP 04/16/09 LGW Review LBM abandonment procedures

and statutes;

.90 $300.00 $270.00

OP 04/16/09 LOW Discussion with BLM representative

regarding notice and ramifications of
environmenta restoration obligations;

.50 $300.00 $150.00

OP

04/16/09

LOW Inform banptcy counsel and client of BLM position on premature abandonment
and expense to banptcy estate;

.80

$300.00

$240.00

OP

04/16/09

ACM Review and respond to e-mails regarding Trading Bay Unit;

ACM Draf proposed letter to MMS for Mr.
Katic's signatu requesting meeting with

.30

$450.00

$135.00

OP

04/16/09

.40

$450.00

$180.00

MMS and locate relevant Notices to Lessees as backup for letter;

OP

04/17/09

ACM Review and respond to e-mails regarding

Trading Bay Unit;

.30

$450.00

$135.00

OP

04/17/09

LOW Follow-up BLM abandonment issues and PERL can be enjoined tr to determne if or otherwse impaied if attempts to abandon go forward; LGW
Locate EP A trst documents and

.90

$300.00

$270.00

OP

04/17/09

.50

$300.00

$150.00

determine when environmental restoration obligations would have to be fulfilled;

OP

04/20/09

LGW E-mails and telephone calls with Mr. Marno, Mr. Arlington and banptcy counsel regarding rentals due and how to

.90

$300.00

$270.00

communicate banptcy estate concerns

to DNR;

OP

04/20/09

LGW Receipt and review ofDNR communcations giving notice of mandatory contraction of West McArur
River Unit and temporar approval of 18th

.50

$300.00

$150.00

plan of development for Unit;

OP

04/20/09

ACM Review and respond to Escopeta e-mails regarding Corsair and proposed unit and PERL's liabilties thereto;
ACM Follow-up with e-mails to Mr. Katic and

.30

$450.00

$135.00

OP

04/20/09

.30

$450.00

$135.00

banptcy counsel and lenders regarding Corsair fanout;

OP

04/20/09

ACM Discussion with MMS regarding status of liabilities amounts for revision of financial BETA;

.30

$450.00

$135.00

OP

04/20/09

ACM Discussion of royalty relief issues with banptcy counsel and Mr. Lyle at PERL I hopes of getting some relief for

.30

$450.00

$135.00

banptcy estate;
OP

04/21/08

LGW Discussion with Alaska counsel regarding

Chevron force majeure shutdown

.60

$300.00

$180.00

including lack of storage capacity for

produced oil; discuss emergency meases

with operations people and banptcy

attorneys;
OP

04/21/08

LGW Urgent telephone cali from Mr. Cervi

concernng PERL holdings in Wyoming

.80

$300.00

$240.00

and whether or not PERL ever took title or

eared an interest in such leases and

research to determine answer;

OP 04/21/08 LOW E-mails and telephone calls with Mr.

Marno and Mr. Arlington, to follow-up

.90 $300.00 $270.00

on issue of rentas due and ramfications with DNR if such issues are ignored;

OP 04/21/08 LGW Conference call with Mr. Tomossonie

regarding lease issues and why leases

.70 $300.00 $210.00

canot be rej ected in banptcy cour

without damage of estate - similar discussion for production payments;

OP 04/21/08 LOW Discussions with lenders regarding leass .60 $300.00 $180.00
that have lapsed since acquisition 2007 and why predecessor allowed some shortterm items to go unattended;

OP 04/21/08 ACM Follow-up with e-mails to Mr. Saunders .30 $450.00 $135.00
and banptcy counsel regarding royalty issues - MMS Pacific region;

OP 04/22/09 LOW Discuss with banptcy counsel and Mr. .90 $300.00 $270.00
Arlington fact that PERL will ru out of fuel gas and has no prospects for obtaining source other than creditor Marathon;

discussion of whether Marthon contract can be rejected or whether Marathon will negotiate in light of Chapter 11 proceeding;
OP

04/23/09

LGW Conference call with banptcy counsel to clarfy PERL - PEAO-PEAH issues and ownership matters - discussion of proper par matters for pleadings;

.90

$300.00

$270.00

OP

04/23/09

LOW Draf reservation of rights document for Marathon confdentiality agreement negotiations of revision to fuel gas agreements proposed by PERL;
LGW Follow-up with Mr. Kharasch regarding
normal coure action and ok to enter into

.90

$300.00

$270.00

OP

04/23/09

.50

$300.00

$150.00

discussions with Marthon;

OP

04/23/09

LGW Conference cali with business advisors regarding lease maitenance issues and why attention must be paid; LOW Discussion of ramifications of divulging contents of seismic data to non licensees

.70

$300.00

$210.00

OP

04/23/09

.60

$300.00

$180.00

with business advisors and banptcy

attorneys ($600.000 possible liabilty);
OP

04/23/09

ACM Review and respond to e-mails regarding bonding issues for Alaska assets;

.70

$450.00

$315.00

OP

04/24/09

LGW Review Marathon proposal for amended

and restted fuel agreement and

.90

$300.00

$270.00

sumare provisions for banptcy

counsel;

OP

04/24/09

LOW Continued work on PERL-PEAO-PEAH clarfication issues and ownership matters;

.90

$300.00

$270.00

OP

04/24/09

LGW Review and revise memorandum

regarding Alaska tr presumption for

.60

$300.00

$180.00

banptcy attorneys and send to

banptcy attorneys and Ruta firm;

OP 04/24/09 ACM E-mails to Mr. Katic regarding .90 $450.00 $405.00

responsibilty to pay Corsair rentals and associated fees to Alaska DNR; telephone discussion of same with banptcy

counel;

OP 04/25/09 LGW Review emails and furter discussion of

Marthon proposal for amended and restated fuel ageement; forward same to

.40 $300.00 $120.00

banptcy counsel;
OP 04/26/09 LGW Discuss ramifications of

losing leases with .60 $300.00 $180.00

Mr. Arlington and banptcy counsel several telephone calls;

OP 04/26/09 LGW Discussion of contingencies in Farout

agreement with banptcy counel and
fact that such contract is executory;
discuss ramifications of

.60 $300.00 $180.00

breach of same;
.90 $450.00 $405.00

OP 04/27/09 ACM Telephone conference with NDR

regardig Redoubt Abandonment obligation and request to defer fuer payments of installments;

OP 04/27/09 ACM Follow-up with emails to Mr. Katic for .90 $450.00 $405.00
payment of Corsair rentals and discussion not paid timely; of breach with Escopeta if
OP 04/28/09 LGW Continued discussions of

raifications of .70 $300.00 $210.00

losing Corsair leases regarding banptcy

estate; discussion of whether rental payments can be made in ordinar course;

OP 04/28/09 LGW Work on calculations of amounts due;

limited legal research;

.80 $300.00 $240.00

OP 04/28/09 LGW Discussion with client regarding

provisions of intercompany operating agreement and accounting issues thereunder;

,80 $300.00 $240.00

OP 04/28/09 ACM Continued work with Alaska DNR to forestall puntive action against client;

.80 $450.00 $360.00

OP 04/29/09 LGW Discussion with client regarding pending .70 $300.00 $210.00 MMS matters and determine plan of attck
for fuer meetings;

OP 04/30/09 LGW Discussion with client regarding pending .30$300.00 $90.00

DNR pending assignents on Alaska properties and review letter from DNR regarding new procedures;

TOTAL $18,480.00
RP 04/02/09 LGW Revise motion for US Trustee; .30 $300.00 $90.00

RP 04/02/09 LGW Revise Mr. Marno affidavit per UST .40 $300.00 $120.00
Order;
RP 04/03/09 LGW Review UST's proposed order and .20 $300.00 $60.00 respond;
RP 04/10/09 LGW Work on qualification of

professionals to .80 $300.00 $240.00

work on banptcy issues as requested by

banptcy counsel;
RP 04/16/09 LGW Preliminar drafing of

motion; .50 $300.00 $150.00

SRSM as special oil and gas counl in
PERL banptcies;

RP 04/16/09 LGW Revised drafting of affdavit and order for .80 $300.00 $240.00

RP 04/17/09 LGW Finaize motion, affidavit and order for SRSM as special oil and gas counsel in

.90 $300.00 $270.00

PERL banptcies and send to CA

counsel for fiing;

TOTAL $1,170.00

COMPENSATION BY CATEGORY

EXPENSE SUMMARY

Expense Category (Examples) Research Services WES'fA W, PACER

Reproduction
Long Distace Telephone

Service Provider (if applicable)

Total Expenses
$493.17
$91.75

$42.50

Courier & Expense Carers (e.g.

Federal Express)

$169.80

PRIOR APPLICATIONS FIED

Date Filed
04/ /09

Period Covered
03/09/09 -

Requested
..."'"..

Requested

Approved Fees

Approved Expenses
l'

$88261.73

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SRSM PROFESSIONALS

Name of

Professional

Individual

Position of the Applicant, Number of Years in the Position, Prior Relevant Experience, Year of Obtaining License to Practice

Hourly Biling Rate

Total Hours

Total Compensation

Biled

Anthony C. Marno

Shareholder 1996; Joined Firm LA Bar since 1996; Member of

1985

$450.00
$385.00 $300.00

80.90

$36,405.00

Herman E. Garer Jr.

Lyn G. Wolf

Katheen L. Doody
Emile Dreuil, II

Associate 2006; Member of LA Bar since 1976 Associate 2006; Member of LA Bar since 1987 Associate 2004; Member of LA Bar since 2003
Associate 2006, Member of LA

192.60

57,780.00

$250.00
$225.00 $210.00
.30 .50

67.50
105.00

Jefferson B. Goldman
Joan S. Seelman

Bar since 2005 Associate 2006; Member of LA Bar since 2006 Paralegal Paralegal

$220.00
$200.00

1.80

396.00
8,900.00

Diane Castle

44.50

Grand Total:
Total Hours:
Blended Rate:

$103,653.50
320.6 $323.311

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