10000015879

IN THE UNITED STATES BANKRUPTCY COURT
In re: )
TO:
FOR THE DISTRICT OF DELAWARE
Chapter 11
PACIFIC ENERGY RESOURCES LTD., et al., i )
Debtors. )
Case No. 09-10785(KJC) (Jointly Administered)
NOTICE OF FILING OF COMPENSATION AND STAFFING REPORT BY ZOLFO COOPER MANAGEMENT, LLC FOR THE PERIOD AUGUST 1.2009 THROUGH AUGUST 31. 2009
(i) Office ofthe U.S. Trustee; (ii) counsel to the Debtors' pre and post-petition
lenders; (iii) counsel to the Official Committee of
Unsecured Creditors.
PLEASE TAKE NOTICE that attached hereto are the report of compensation
earned and expenses incurred and the staffing report for the period August 1, 2009 through
August 31, 2009, that Zolfo Cooper Management, LLC ("Zolfo Cooper") is required to submit
pursuant to the Order Approving the Services Agreement between the Debtors, Zolfo Cooper
Management, LLC and Scott W Winn nunc pro tunc to the Petition Date (Docket No. 267).
Remainder of Page Intentionally Left Blank)
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); Petracal Acquisition Corp. (6249); Pacific Energy Alaska
Holdings, LLC (tax J.D. # not available); Cameros Acquisition Corp. (5866); Pacific Energy Alaska Operating 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.
Dated: November 10, 2009
PACHULSKI STANG ZIEHL & JONES LLP
Isl Scotta E. McFarland Ira D. Kharasch (CA Bar No.1 09084) Scotta E. McFarland (DE Bar No. 4184, CA Bar No. 165391) Robert M. Saunders (CA Bar No. 226172) James E. O'Neill (DE Bar No. 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(psziIaw.com
ikharasch~psziIaw. com smcfarland~pszilaw. com

rsaunders~pszilaw .com
ioneill~pszilaw.com krakowski(pszilaw.com
Counsel for Debtors and Debtors in Possession.
148819
Zolfo Cooper Management, LLC

101 Eisenhower Parkway, Roseland, New Jersey 07068 (973) 618-5100 Fax (973) 618-9433
August 3 i, 2009
Mr. Darren Katic
President
Pacifc Energy Resources, Ltd.
111 W. Ocean Boulevard, Suite 1240 Long Beach, CA 90802
Dear Darren:
Attached is our invoice for management services rendered with respect to Pacifc
Energy Resources Ltd. Chapter 11 for the month ended August 31, 2009.
If
there are any questions regardig ths invoice, please contact Scott Win at (212) 561-4030 or Mark Cervi at (310) 283-1258.
Respectfuy submitted,
2otL ~ t~ei, \.
346

101 Eisenhower Parkway, Roseland, New Jersey 07068 (973) 618-5100 Fax (973) 618-9433
August 31, 2009
Mr. Daren Katie President Pacific Energy Resources, Ltd. 111 W. Ocean Boulevard, Suite 1240 Long Beach, CA 90802
PLEASE REMI TO OUR NEW JERSEY OFFICE
E.I.N. 52-2086828
INOICE NO. 9500181
For management servces rendered wit respect to Pacifc Energy Resources, Ltd.
Chapter 11 for the month ended Augut 31,2009.
Professional Fees:
263,688.50
13,500.00
Travel Fees:
Total Curent Fees:
277,188.50
9,853.34
$
Expenses:
Invoice Total
See Attched Schedules
287,041.84
Wire Transfer Intrctions:
Zolfo Cooper Management, LLC PNC Bank ABA# 031207607 Acct# 8036595751
Payable Upon Receipt
ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN FEE STATEMENT - PACIFIC ENERGY RESOURCES LTD.
FOR THE PERIOD FROM AUGUST 1, 2009 THROUGH AUGUST 31, 2009
STAFFING REPORT
Name
ZC Title
Company Title
-"
Status Part-time
General Responsibilities -
S. Winn
Senior Managing
Director
Chief Restructuring Officer
Determine the Debtors' strategic direction. Lead negotiations with lenders, creditors and potential
purchasers. Communicate with Company Management, the Board of Directors, and the DIP Lenders about the status of the case. Coordinate
activities among Debtors' professionals.
M. Cervi
Director
Associate Director
Full-time
Coordinate and oversee day-to-day bankruptcy related issues, including the preparation of
Statements of Financial Affairs and Schedules of Assets and Liabilities, reviewing of disbursements,
communication with vendors, and strategic analysis of different asset groups. Also coordinates supplying
responses to information requests from various
creditor constituencies and potential investors and acquirers of assets of the Estate.
K. Tomossonie
Manager
Associate Director
Part-time
Prepare a budget incorporating all expenditures
necessary for the wind down of the estate after the

sale of the Alaska and Beta assets. Prepare various analyses related to the Company's operations in Alaska.
J. DelConte
Associate
Associate Director
Full-time
Manage Company disbursements and track actual spending against DIP budget spending. Amend and
adjust the DIP budget as necessary. Prepare weekly

reports to be distributed to the DIP Lenders as
required in the DIP agreement. Prepare cash flow
budgets to be used in negotiations with potential new investors. Prepare a budget for the abandonment of the Alskan assets.
Executive Officer
1 of 46
ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

FEE STATEMENT - PACIFIC ENERGY RESOURCES LTD.
FOR THE PERIOD FROM AUGUST I, 2009 THROUGH AUGUST 31, 2009
SUMMARY OF SERVICES BY PROFESSIONAL

HOURLY BILLING
TOTAL
HOU RS
TOTAL
NAME
POSITION
RATE
COMPENSATION
$
Scott W. Winn
Senior Managing Director
Non-Working Travel
Mark A. Cervi
825.00 412.50 550.00 275.00
50.3 4.0
193.3
41,497.50 1,650.00
106,315.00
Director
Non-Working Travel
Kevin S. Tomossonie
Manager
Non-Working Travel
Jesse C. DelConte
465.00 232.50
395.00 197.50
116.0
53,940.00
Associate
156.8
Non-Working Travel
Elizabeth S. Kardos
Non-Working Travel
General Counsel
60.0
61,936.00 11,850.00
425.00 212.50
580.4
$
277,188.50
of
46

SUMMARY OF SERVICES BY PARA-PROFESSIONAL

HOURLY BILLING
TOTAL
TOTAL
NAME
POSITION
RATE
HOURS
COMPENSATION
Laurie Capen-Verry
Para-professional
Non-Working Travel
225.00 112.50
$
of
46

SUMMARY OF EXPENSES AND OTHER CHARGES
Category
Travel & Lodging Meals
$
Total
Telephone
Postage & Courier
8,349.64 878.06 609.01 16.63
9,853.34
of
46

SUMMARY OF SERVICES BY BILLING MATTER

TOTAL
BILLING MATTER
HOURS
COMPENSATION
Asset Analysis and Recovery
1.8
Asset Disposition
Business Analysis
183.8
835.00 103,409.00
186.4
Business Operations
Case Administration
Claims Administratien and Objections
41.0 27.7
1.0
Employee Benefits I Pensions Fee I Employment Applications Fee I Employment Objections Financing
Relief from Stay Proceedings
22.2
15.9
0.3 25.8 10.5
Non-Working Travel
64.0
84,280.00 21,611.50 16,074.50 516.00 11,525.00 7,254.50 165.00 13,452.00 4,566.00 13,500.00
$
580.4
277,188.50
of
46

SUMMARY OF EXPENSES BY PROFESSIONAL
Category
Scott Winn Mark Cervi Kevin Tomossonie
Jesse DelConte
General Expenses
Total
$
715.38 281.72
8,478.64
37760
$
9,853.34
of
46

EXPENSE ITEMS BY PROFESSIONAL BY DAY
DATE
DESCRIPTION
AMOUNT
Scott Winn
8/3/2009 Travel & Lodging - Travel

8/4/2009 Ground Transportation
8/4/2009 Ground Transportation - Train 8/4/2009 Ground Transportation - Train

8/4/2009 Ground Transportation 8/4/2009 Ground Transportation 8/7/2009 Ground Transportation
25.00 86.30 201.00 201.00 25.00 86.30 90.78
Total Expenses - Scott Winn (August 2009)
715.38
7of46

DATE
DESCRIPTION
AMOUNT
Mark Cervi
8/3/2009 8/4/2009 8/5/2009 8/6/2009 8/7/2009 8/7/2009 Travel Travel Travel Travel Travel Travel & & & & & & Lodging Lodging Lodging Lodging Lodging Lodging
$
8/11/2009 Travel & Lodging 8/12/2009 Travel & Lodging 8/1312009 Travel & Lodging
8/15/2009 Telephone
8/17/2009 Travel & Lodging 8/18/2009 Travel & Lodging 8/19/2009 Travel & Lodging 8/20/2009 Travel & Lodging 8/21/2009 Travel & Lodging 8/24/2009 Travel & Lodging 8/25/2009 Travel & Lodging 8/26/2009 Travel & Lodging 8/27/2009 Travel & Lodging 8/31/2009 Travel & Lodging
Total Expenses - Mark Cervi (August 2009)
$
9.90 9.90 9.90 9.90 9.90 9.90 9.90 9.90 9.90 93.62 9.90 9.90 9.90 9.90 9.90 9.90 9.90 9.90 9.90 9.90
281.72
of
46

DATE
DESCRIPTION
AMOUNT
Jesse DelConte
8/3/2009 8/3/2009 8/3/2009 8/3/2009 8/3/2009 8/3/2009 8/3/2009 8/4/2009 8/4/2009 8/4/2009 8/5/2009 8/5/2009 8/5/2009 8/5/2009 8/5/2009 8/6/2009 8/6/2009 8/6/2009 8/7/2009 8/7/2009 8/9/2009 8/10/2009 8/10/2009 8/10/2009 8/10/2009 8/10/2009 8/10/2009
8/1112009
Air Transportation Hotel Charges Meals - Dinner (1)

Meals - Lunch (2)
Telephone
Ground Transportation Ground Transportation Hotel Charges Meals - Lunch (2)
614.60 217.42 31.87 29.97 12.95
121.0
65.42 217.42 21.24 12.95 217.42 50.00 27.91 6.00 12.95 614.60 16.87 115.20 22.80 86.48 76.72 614.60 217.42 50.00 35.30
Telephone Hotel Charges

Meals - Dinner (1) Meals - Lunch (2)
Travel & Lodging
Telephone
Air Transportation Meals - Dinner (1) Ground Transportation
Meals - Lunch (2) Ground Transportation
Telephone
Air Transportation Hotel Charges Meals - Dinner (1)
Meals - Lunch (2) Ground Transportation Ground Transportation Hotel Charges Meals - Dinner (1) Meals - Lunch (2) Hotel Charges Meals - Dinner (1) Meals - Lunch (2) Travel & Lodging Air Transportation Meals - Lunch (2) Ground Transportation Ground Transportation Meals - Lunch (2) Air Transportation Hotel Charges Meals - Dinner (1) Meals - Lunch (2)
121.0
65.42 217.42 45.15 37.44 217.42 50.00 32.11 6.00 614.60 17.94 115.20 86.48 28.42 619.60 250.00 50.00 17.14 12.95
8/11/2009 8/11/2009 8/12/2009 8/12/2009 8/12/2009 8/12/2009 8/13/2009 8/13/2009 8/13/2009 8/14/2009 8/14/2009 8/17/2009 8/17/2009 8/17/2009 8/17/2009 8/17/2009 8/17/2009 8/17/2009 8/18/2009 8/18/2009 8/18/2009
Telephone
Ground Transportation Ground Transportation Hotel Charges Meals - Dinner (1) Meals - Lunch (2)
121.0
65.42 250.00 49.14 34.97
of
46

DATE
DESCRIPTION
AMOUNT
Jesse DelConte
8/18/2009 Telephone
8/19/2009 Hotel Charges
8/19/2009 Meals - Dinner (1) 8/19/2009 Meals - Lunch (2) 8/20/2009 Air Transportation
8/20/2009 Ground Transportation
8/24/2009 Meals - Dinner (1) 8/27/2009 Meals - Dinner (1) 8/27/2009 Meals - Lunch (1) 8/31/2009 Air Transportation
8/31/2009 Hotel Charges
8/31/2009 Meals - Dinner (1) 8/31/2009 Meals - Lunch (2)

8/31/2009 Telephone
12.95 250.00 38.58 18.71 409.20 115.20 48.92 41.39 15.23 619.60 194.42 47.81 19.15 12.95
$
Total Expenses - Jesse DelConte (August 2009)
8,478.64
10 of 46

DATE
General Expenses
DESCRIPTION
AMOUNT
7/31/2009 Telephone - Premiere Global Services 8/10/2009 Postage & Courier - Federal Express 8/14/2009 Postage & Courier - Federal Express 8/28/2009 Postage & Courier - Federal Express
Total Expenses - General Expenses (August 2009)
360.97 5.37 5.89 5.37
377.60
11
of
46

FOR THE PERIOD FROM AUGUST 1, ZOO9 THROUGH AUGUST 31, Z009
Matter Code
1
MATTER I ACTIVITY CATEGORY
DESCRIPTION
Accounting I Auditing
Activities relating to maintaining and auditing books of account, preparation of
financial statements and account analysis.

2
Asset Analysis and Recovery
Identify and review of potential assets including causes of action and nonIitiRation recoveries.
Asset Disposition
Sales, leases (365 matters), abandonment and related transaction work.

Preparation and review of company business plan; development and review of strategies; preparation and review of cash flow forecasts and feasibility studies.
Business Analysis
Business Operations
Issues related to debtor-in-possession operating in chapter 11 such as employee,

vendor, tenant issues and other similar problems.
Case Administration
Coordination and compliance activities, including preparation of SOFA; schedules,

list of contracts; US Trustee interim statements and operating report; contacts
with the US Trustee: general creditor inauiries.

7
Claims Administration and Objections
Specific claim inquiries; bar date motions; analyses, objections and allowance of claims.
Corporate Finance
Review financial aspects of potential mergers, acquisitions, and disposition of
company or subsidiaries.
9
Data Analysis
Management information systems review, installation and analysis, construction,
maintenance and reporting of significant case financial data, lease rejection, claims. etc.
10
Employee Benefits I Pensions
Review issues such as severance, retention, 401K coverage and continuance of

pension plan.
11
Fee / Employment Applications
Preparation of employment and fee applications for self or others; motions to
establish interim procedures.

12
Fee / Employment Objections
Review of and objections to the employment and fee applications of others.
13
Financing
Matters under 361,363, and 364 including cash collateral and secured claims;
loan document analysis.

14
Litigation Consulting
Providing consulting and expert witness services relating to various bankruptcy
matters such as insolvency, feasibilty, avoiding actions, forensic accounting, etc.
15
Meetings of Creditors
Preparing for and attending the conference of creditors, the 341 (a) meeting and other creditors' committee meetinRs.
Formulation, presentation and confirmation; compliance with the plan confirmation order; related orders and rules; disbursement and case closing
activities, except those related to the allowance and objection to allowance of claims.
16
Plan and Disclosure Statement
17
Reconstruction Accounting
Reconstructing books and records from past transactions and bringing accounting
current.
18
Relief from Stay Proceedings
Matters relating to termination or continuation of automatic stay under 362.
19
Tax Issues Non-Working Travel
Analysis of tax issues and preparation of state and federal tax returns.
20
21
Travel time.
Valuation
Appraise or review appraisals of assets.
12 of 46
ZOLFO COOPER MANAGEMENT, LLCAND SCOTT W. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES ~ AUGUST 2009
Matter
Professional Scott W. Wlnn
Date
Code
Hourly
Description
3 Discussions with R. Lynd on bidders
Call with potential bidder (ERG)
Rate
825.00 825.00
Hours 1.0 1.2 0.3 0.9 0.6 0.8 4.8
Charges
8/3/2009
825.00 990.00 247.50

742.S0
Calls with Silverpoint on potential partner

Calls with Extex on potential transaction
825.00 825.00 825.00

825.00
Discuss credit bid budget

4 Discuss wind down budget with D. Hull
8/3/2009 Total
495.00 660.00
3,960.00 4,207.50
907.50
1,650.00
8/4/2009
6 Participated in meetings at PSZJ regarding hearing Participated in hearing

20 Travel NY to Del and Del to NY
825.00 825.00
5.1
1.
4.0
10.2
412.50
8/4/2009 Total
6,765.00
8/6/2009
3 Discuss Polytec proposal with Dewey

Discuss abandonment with D. Katie
825.00 825.00
0.6
495.00
825.00
1,320.00
1.0
1.6
8/6/2009 Total
8/7/2009
3 Discuss status on bidders with D. Hull

Follow up on Polytec open information requIred
825.00
0.4 1.2 2.4 0.8 0.4 0.5 0.6
330.00 990.00
1,980.00
825.00 825.00 825.00 825.00

825.00
Discuss counter proposal for Polytec

Discuss abandonment with G. Tywoniuk
Discuss oral proposal with I. Kharasch
Discuss oral proposal with D. Hull
660.00 330.00 412.50

495.00
5,197.S0
Discuss Alaska miscellaneous assets with M. Cerv and S. Lies

8/7/2009 Total
825.00
6.3
8/11/2009
3 Conference cali to discuss Alaska transition proposal

4 Review Wind down Budget Discuss Alaska budget with M. Cervi
825.00
825.00 825.00 825.00
82S.00
1.2 0.9 1.1 0.6 0.5
990.00
742.50 907.50 495.00 412.50
6 Discuss Chevron/Marathon dispute with i. Kharasch
13 Lender update call

8/11/2009 Total
4.3
3,547.50
660.00 742.50
8/13/2009
3 Review Alaska constituent interests

4 Discuss wind down logistics and communication with D. Katic
6 Debtor advisor update call
825.00 825.00 825.00
0.8 0.9 0.9
742.50
2,145.00
8/13/2009 Total
2.6
3 Discuss potential bidder with D. Katic 5 Discuss board calendar with G. Tywoniuk
8/17/2009
825.00
825.00 825.00 825.00
1.2 0.4 0.7 0.3
990.00
330.00 577.50 247.50
2,145.00
6 Update R. Madigan on Marathon settlement

Discuss Lazard retention with G. Tywoniuk
8/17/2009 Total
2.6
3 Discuss Polytec update with G. Tywoniuk
8/18/2009
825.00 825.00 825.00
1.1 1.0
907.50 825.00 907.50
13 Lender update call

Discuss amendment to credit agreement with R. Madigan
8/18/2009 Total
1.
3.2
2,64.00
1,072.50
8/19/2009
3 Call to discuss Alaska rollng stock
825.00
1.
1.3
8/19/2009Total
8/24/2009
3 Review new restructuring proposal from investor
Review state of Alaska abandonment proposal
4 Review Alaska shut down cash flows
8/24/2009 Total
1,on.50
907.50
1,072.50
825.00 825.00 825.00
1.
1.3 0.8
660.00
3.2
2,64.00
1,320.00
8/25/2009
3 Call to discuss state of Alaska abandonment proposal

Discuss Oxy offer with J. Rainwater
825.00 825.00 825.00
1.6 0.7 1.2
577.50 990.00
5 Review materials for upcoming board call
130146
ZOLFO COOPER MANAGEMENT, LLC AND SCOT W. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES ~ AUGUST 2009
Matter
Professional
ScottW. Wlnn
Hourly
Dat.
8/25/2009
Code 5 13 Lender update call
Dl!scriptlon
Rate
Hours
0.6 4.1
Chargl!s
825.00
495.00
3,382.50
660.00
1,072.50
8/25/2009 Total
8/26/2009
3 Discuss settlement with state of Alaska with D. Katie

5 Review 0&0 run off proposal
825.00 825.00 825.00

825.00 825.00
0.8 1.3 0.6 1.0 0.9
Discuss 0&0 insurance with G. Tywoniuk
495.00
825.00 742.50
Prepare for 8/27 board meeting

6 Prepare for 9/1 hearing 8/26/2009 Total
4.6
3,795.00
1,320.00
8/27/2009
3 Discuss Polytec proposal with their advisors

Discuss Polytec with G. Tywoniuk
825.00 825.00 825.00 825.00
1.6 0.3 0.6 0.8
247.50 495.00 660.00

2,722.50
Discuss state of Alaska objection with Tywoniuk 4 Review cash flow for Alaska
S/27/2009 Total
3.3
3 Discuss status of Alaska bidders with Lazard 825.00 825.00 825.00 825.00
0.2 0.9 0.8 0.3 2.2
8/31/2009
165.00 742.50 660.00 247.50

1,815.00
Meet with potential bidder on Beta assets

Discuss sales proposal with Debtor group
6 Prepare for 9/1 hearing
8/31/2009 Total
Jesse C. DelConte
8/3/2009
3 Review the abandonment timeline put together by M. Cerv against previously discussed abandonment process.
4 Review forecast to actual analysis performed by the Company for the previous week's disbursements.
395.00
0.9
355.50
395.00
0.6
237.00
Categorize previous week's disbursements by GL category. Update forecast to actual analysis accordinidv.
Update the LOE comparison along with the KElP tracking sheet for the previous week's disbursements. Update the G&A tracking sheet.
395.00
1.1
434.50
395.00
1.3
513.50
Review break even analysis put together by M. Cervi for Beta. Put together back up for monthly cost assumptions.
395.00
0.7
276.50
Develop preliminary Alaska abandonment budget to be distributed to the lenders along with the abandonment timeline.
5 Weekly disbursement review with 1. Kuritz and K. Jones.
395.00
2.9
1,145.50
395,00 395.00
197.50
0.8 1.2 9.0
316.00 474,00
1,777.50
13 Put together weekly forecast v actual comments for the weekly report.
20 Travel New York to long Beach.
S/3/2009Total
8/4/2009
3 Attend all hands AK abandonment call to discuss the AK abandonment process and necessary next steps.
395.00
18.5
1.0
5,530.00
395.00
4 Prepare a revised AK abandonment budget to send out to the group in court.

Respond to inquiries relating to the AK budget from people at the court hearing.
Talk with D. Jeric and D. Hall in an attempt to determine how much of the CIPlline fill is AK Operated inventory and how much is AK Non.Op inventory.
395.00 395.00 395.00
0.8 1.4 0.8
316.00 553.00 316.00
Exend the AK abandonment budget out through the end of September from the end of August. Determine the proper production end dates and lift timin~, Extend G&A and lOE expenses.
Revise KElP payments and timing given new information.
395.00
1.7
671,50
395.00 395.00
0.8 1.9
316,00 750.50
Finalize the AK abandonment extension by adjusting capex spend assumptions and revenue receipt assumptions. Format and prepare footnotes and send off review. for
5 Invoice review for current week's disbursements with J. Kuritz and K. Jones.
395.00 395.00
0.8 3.0
316.00
1,185.00
Determine timing of post.petition ORRI segregated fund payments and lender payments. Determine proper amount given accruals through June and estimated amounts for July and August.
11 Prepare preliminary invoice July.

S/4/2009 Total
395.00
1.1 13.3
434.50
5,253.50
790.00
8/5/2009
3 Initial all hands call to discuss the AK abandonment process and the meaning of imminent harm as it relates to the abandonment process in bankruptcy. Follow up call with D. Hall and K. Tomossonie to discuss financial assumotions.
4 Talk with B. Walker about getting benefit splits by corporate group.
Shorten the period ofthe 18 month budget to only run through the end of the year for Beta.
395.00
2.0
395.00 395.00
0.3
118.50 553.00
1.
140146
ZOLFO COOPER MANAGEMENT, LtC AND SCOT W. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 2009
Matter
Professional
Jesse C. DelConte
Dat. 8/5/2009
Code
4 Adjust the assumptions In the 18 month budget to correspond with a scaled down spending budget for Beta. Add a professional fee forecast and a DIP Interest forecast to the model.
Extend the AK budget through the end of October to allow for an additional month of Kustatan operations and the sale of all oil in storaize.
18 Call with M. Cervi and R. Saunders about penorming a low balance test for the ORRis in AK.
. . . . - o. .
Description
Hourly
Rate
Hours
2.8
Charges
395.00
1,106.00
395.00
3.0
1,185.00
395.00 395.00
0.3 0.7
118.50 276.50
to Adjust the bank balance information received from the Company use in the low balance test. Focus on the lockbox balance.
Create the low balance test AK Operated ORRIs,
8/5/2009 Total
395.00
1.3 11.8
513.50
4,661.00
8/6/2009
3 Review the transition deck to be shared with the AK landowners.
395.00 395.00
1.2 1.6
474.00
632.00
4 Determine proper KElP payments for the AK budget. Determine the breakdown between business
line for the KElP / KERP payments.
Review professional fee applications and CNOs recently filed. Revise professional fee forecast for various budizets.
Revise AK abandonment budget for the updated KElP / KERP payments, Mark the file for notating what each AK budllet fii;ure is composed of to easily trace payments.
395.00
0.9
355.50
395.00
3.7
1,461,50
Review the updated AK abandonment budget with M. Cervi and make adjustments before sending out internally.
395.00
0.8
316.00
11 Work on quarterly fee application.

8/6/2009 Total
395.00
1.3
513.50
3,152.50
9.5
8/7/2009
4 Revise the cash flow model for the company to perform it forecast v actual analysis.
395.00
395.00
0.8 2.3
316.00 908.50
the 18 Update lockbox account information from the beginning of 2009 to the opening of account in order to extend the low-balance test lliven new ORRI information.
Extend the low balance test back to the opening of the lockbox account to account for additional
prepetition royalties.
395.00
2.8
1,106.00
Conference call with Pachulski and M. Cervi relating to the low balance test.
20 Travel long Beach to New York.
8/7/2009 Total
395.00
0.4
8.0
158.00
197.50
1,580.00
14.3
4,068.50
711.00
8/8/2009
4 Update old new investor AK forecast for the updated Polytec reorganization deck. Push back capex one month and adiust professional fee forecast.
395.00
1.8
8/8/2009 Total
1.8
711.00 197.50 474.00
8/10/2009
4 Review forecast to actual analysis put together by the Company last week.
Sort and categorize disbursements by their GL category. Review invoices to determine proper classifcation. Update cash flow model.
Update the LOE / G&A/ KElP tracking sheets for the previous week's disbursements.
395.00 395.00
0.5 1.2
395.00 395.00 395.00 395.00 395.00 395.00 395.00 395.00

197.50
1.2 0.5 0.7 0.8 0.8 0.9 0.7 0.2 9.0 16.5
474.00 197.50 276.50 316.00 316.00 355.50 276.50

79.00
Update the AFE and professional fee tracking sheets.

5 Weekly disbursements meeting with 1. Kuritz and K. Jones.
to 13 Put together the funding notice and compliance documents and send off lenders.
the Update the Beta section of weekly report for last week's production. Update comments.
Update the actual v forecast comments for the weekly report.
Insert the AK comments from D. Hall and the production sheet from C. Beatt.
Finalize draft of the weekly report and send it out internally for review.
20 Travel New York to Long Beach. 8/10/2009 Total
1,777.50 4,140.00
8/11/2009
3 Call with group to discuss the AK transition deck.

Review and make comments on the AK transition deck,
395.00 395.00 395.00
0.5 1.8 2.3
197.50 711.00 908.50
4 Review and compare updated capital spending assumptions from D. Cosgrove against previous capital soendiniz assumptions.
Begin revising cost assumptions in the AK abandonment budget. Recalculate payroll figures based on layoff schedule.
395.00
1.4
553.00
Revise segregated fund contribution amounts given adjusted AK receipt timing. Determine when rovalties wil become due.
395.00
2.0
790.00
Call to discuss the changes that need to be made to the wind down budget given the AK abandonment budizet.
395.00
0.6
237.00
Make further edits to the abandonment budget for changes in production assumptions as well as lift
amounts. Review KEIP/KERP amounts.
395.00
2.4
948.00
Review and edit the AK abandonment budget with M. Cervi.
395.00
0.7
276.50
15 0146
ZOLFO COOPER MANAGEMENT, LtC AND SCOTT W. W1NN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 1009
Matter
Professional Jesse C. DelConte
Oate
Code
Hourly
Description
Rate 395.00
Hours
0.8
Charges
8/11/2009
13 Make edits to the weekly report given comments from M. Cervi and others. Finalize and send out to lender group.
316.00
8/11/2009 Total
11.5
4,937.50
513.50
8/12/2009
3 Review comments from the morning / previous night relating to the transition deck. Review deck.
395.00
1.3
4 Go through professional fee estimates from other firms and update the tracking sheet. Forward
alonii to A. Frilot of Companv. Review D. Cosgrove's model for Beta to determine areas to for possible cost savings. Review identifed bv D. Cosgrove. areas
395.00
0.9
355.50
395.00
0.7
276.50
Begin updating the cash flow forecast modeL. Take model out through the end of October. Revise the capital spending assumptions according to plan distributed by D. Cosgrove and S. liles.
395.00
2.3
908.50
Review Beta sales and royalty figures from invoice. Update various models accordingly.
395.00 395.00
0.8 2.8
316.00
1,106.00
Review updated AK retention plan and incorporate into abandonment budget and into current budget.
Review historicalLOE spending for Beta to determine proper LOE spending forecast levels,
11 Preliminary July invoice review.
8/11/2009 Total
395.00
395.00
1.2 0.3
474.00
118.50
10.3
4,068.50
592.50
8/13/2009
4 Continue to update budget through October. Review historical G&A spending for correct spending levels and determined proper insurance premium pavments for future months.
Review previous daily production reports and weekly production reports for Beta to determine future production levels. Discuss with 5. liles.
Adjust bonus payments relating to the sale of 8eta / AK in the cash flow forecast.
Review docket for newly filed professional fees to update the tracking sheet.
Update the professional fee tIming in the budget through Oct. Base payments tracking sheet. off
395,00
1.5
395.00
1.
D." 0.8 3.0
513.50
395.00
395.00 395.00
237.00
316.00
1,185.00
6 Determine proper payment procedures for interim fee applications for professionals and convey to M.Clemans. there are any other alterations they would like to the tax Talk with management to determine if motion in addition to the revision for South Coast Air Qualitv.
Prepare amended tax motion exhibit and send to Pachulski.
8/13/1009 Total
395.00
0.3
118.50
395.00
1.0
395.00
395.00
0.8
316.00
3,673.50
9.3
2003. 2 Edit preference excel file to eliminate a #N/A error due to a formula issue with excel
8/14/2009
395.00 395.00
1.0 0.9
395.00 355.50
4 Review 0&0 insurance renewal communications and estimates in relation to what has previously
been forecast. Adiust forecasts. 6 Review of motion for approval ofthe second employee incentive plan.
395.00 395.00
0.7 1.4
276.50 553.00
Review docket and previous emails from professional firms in order to update my professional fee tracking sheet.
Communications with lenders, professionals and management in order to set up a discussion on the budget for Mondav.
10 Review the AK KElP presentation that wil be filed with the motion.
20 Travel Long Beach to New York. 8/14/2009 Total
395.00
D."
237.00
395.00
197.50
1.2 8.0 13.8
474.00
1,580.00
3,871.00
8/17/2009
4 Call with M. Cervi and K. Tomossonie to discuss a revision to the wind down budget and the connection to the latest DIP budaet update.
395.00
D."
237.00
Review company forecast to actual calculations for the previous week.

Categorize disbursements for previous week by Gl code. Update the LOE and G&A analyses as well as the cash flow forecast model.
395.00 395.00
0.8 1.8
316.00 711.00
Budget call with M. Cerv and the Lenders to discuss the latest budget sent around last Thursday.
395.00
0.4
158.00
Update the forecast to actual comments, the AFE tracking sheet, and the professional fee tracking sheet.
5 Disbursements meeting with J. Kuritz and K. Jones.
395.00
1.2
474.00
395.00 395.00
0.8 0.7
316.00
276.50
13 Update Beta production trends file and revise comments in the weekly report relating to Beta.
Update the AK portion of the weekly report for D. Hall's comments and C. Beatt's production trackin.esheet.
Finalize the initial draft of the weekly report and send it along to the internal group for review.
395.00
0.9
355.50
395.00
0.2
79.00
20 Travel New York to Long Beach.

8/17/1009 Total
197.50
9.0
1,777.50 4,700.50
16.4
160f46
ZOLFO COOPER MANAGEMENT, LLCAND SCOT W. WINN PACIFIC ENERGY RESOURCES lTD. TIME ENTRIES ~ AUGUST 2009
Matter
Professional
Jesse C. DelConte
Hourly
Dat.
8/18/2009
Code
Description
4 Revise budget given discussions yesterday. Revse stand alone AK budget as welL.
Rate
Hours
1.6 0.9
Charges
395.00 395.00
632.00 355.50
Review AP Aging schedules for future cash payments in the budget and in the wind down budget.
5 Exchange emails and with J. Kuritz and M. Roberton and discuss the payment of the South Coast Air Quality emissions fees for 2009.
Invoice review meeting with J. Kuritz, K. Jones and L CarbajaL.
395.00
0.3
118.50
395.00 395.00
0.6 1.8
237.00 711.00
6 Create an acp summary sheet tracking all ordinary course professional payments per the acp order. Create a trackin~ sheet for July to send to the UCC.
Update the DIP Borrowing sheet for the previous two months. Incorporate the PIK interest amount into the outstanding DIP borrowings amount. Review tracking sheet created by J. Kuritz and the internal trackiniz sheet used bv the lenders.
13 Weekly lender call.
395
3.3
1,303.50
395.00 395.00
0.5
197.50
Revise weekly report given comments from internal group. Finalize and send out to lender call group. Prepare for call.
8/18/2009 Total
1.0
395.00
10.0
3,950.00
513.50
1,106.00
8/19/2009
4 Review updated wind down budget from K. Tomossonie.
395.00
395
1.3 2.8
Update the wind down budget. Create a bridge analysis going from the current DIP balance to the projected DJP balance at the end of October. Review payments made in wind down budget vs. pavments made in the DIP budlZet.
6 Update professional fee tracking sheet for recently filed CNOs and fee applications.
395.00 395.00 395.00 395.00
0.8 0.6
316.00
237.00
Review the acp schedules to be sent out and filed by Scotta.

11 Review Zolfo preliminary July invoice.
0.4
3.9
158.00
1,540.50
Work on the Zolfo invoice for June. Begin to prepare the June fee statement. Collect time descriptions and review matter cate.eories for consistency.
8/19/2009 Total
9.8
20 Travel Long Beach to Miami.
3,871.00
1,580.00
8/20/2009
8/20/2009 Total
197.50
8.0
8.0
1,580.00
316.00
8/24/2009
4 Sort disbursements from the previous week by their GL code. Adjust forecast to actual analysis performed by the Companv for this analysis.
Update the LaE analysis and the G&A analysis.
395.00
0.8
395,00 395.00
395.00
0.8
0.5 0.7 0.6
316.00 197.50 276.50

237.00
Update the capex and professional fee tracking sheets.
13 Update the forecast to actual sheet and associated comments.

Insert updated charts into the weekly report. Review and then send out to internal group for review.
395.00
8/24/2009 Total
3.4
1,343.00
8/26/2009
4 Revised budget through the end of October given updated spending views and feedback from lenders and mana.eement.
Update the format of the 18 month weekly cash flow forecast for Beta to be used as a DIP budget. Prepare for a weeklv 6 month view.
395.00
1.9
750.50
395.00
2.3
908.50
5 Review disbursements for the current week to make sure that we wil stay in compliance with our covenants. 6 Review lender invoices and distribute to counsel in order to pass them along to the committee.
395.00
0.8
316.00
395.00
0.3
118.50
8/26/2009 Total
5.3
2,093.50
8/27/2009
4 Update the beginning date of the minimum cash burn Beta DIP model to the end of the current DIP period.
Review the LOE comparison sheet and determine the expected LOE burn going forward for the minimum burn modeL.
395.00
1.9
750.50
395.00
0.8
316.00
Update the power and facilities forecast of the model based upon current oil and diesel prices along with current views on gallons used per bbl produced.
Call with M. Cervi, G. Tywoniuk, 5. Ules, and D. Cosgrove to determine a proper capex projection for the minimum cash burn bud.eet.
395.00
1.
0.8
434.50
395.00
316.00
Review recent production data to determine a baseline production trend line going forward for Beta.
395.00
0.4
158.00
Insert an Alaska section into the summary sheet. Revise formulas.
395.00 395.00 395.00
1.
1.8
553.00 711.00 790.00
Insert updated assumptions for the RTP wells and future production trends.
Update beginning assumptions based on projected ending pointsthe current DIP ~ AR I Production of I Rovalties. etc.
2.0
11 Work on fee statement for June for Zolfo. Review matter categories and edit where necessary.
8/27/2009 Total
395.00
1.3
513.50
4,542.50
11.5
170146
ZOLFO COOPER MANAGEMENT, LLC AND SCOTTW. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 2009
Matter
Professional Jesse C. DelConte
Dat.
8/28/2009
Code
Description
4 Review capex forecast put together last night by D. Cosgrove and S. U1es, Compare against previous forecast.
~
Hourly
Charges
0.7
395.00
276.50
Update budget for new capex forecast. Adjust Eureka build-out accordingly. Forecast ongoing capex project spends Riven project progress and payment status.
395.00
2.1
829.50
Update the professional fee forecast in the model, Review the docket for recently filed fee apps. Link the weeklv payment schedule to a monthlv summary sheet.
8/28/2009 Total
395.00
1.7
671.50
4.5
1,777.50
276,50
8/31/2009
4 Review the forecast to actual analysis created by the Company last week. Analyze covenant situation.
395,00
0.7
Sort disbursements based on GL code, Review certain invokes,

Update the weekly cash flow forecast and the LOE and G&A tracking sheet for the updated disbursements.
395,00 395.00
0.9 1.0
355.50 395.00
Update the AFE tracking sheet and the professional fee tracking sheet for the previous week's spending,
Insert the DIP tracking sheet into the modeL. Extend the DIP forecast to match up with the extended budget.
5 Weekly disbursements meeting with J. Kuritz and L Carbajal.
395,00
0.9
355.50
395,00
1.8
711.00
395,00 395,00
0.7 1.3
276.50
10 Update and review the final KElP tracking sheet. Review payout amounts in relation to the budget.
513.50
20 Travel New York to Long Beach, 8/31/2009 Total Mark A. Cervi
197.50
9.0
1,777.50
16.3
4,661.00
220.00
8/2/2009
4 Respond to request for Information regarding Beta only break-even and prepare a summary model
550.00
0.4
8/2/2009 Total
0.4
3 Discussion with G. Tywoniuk and D. Jeric regarding AK sale objections
220.00 165.00 165.00 220.00 330.00 110.00 220.00

2,200.00
8/3/2009
550.00
5S0,00
0.3 0.3 0.4 0.6 0.2 0.4 4.0
Call with R. Saunders, S. McFarland, and D. Jeric regarding objection to Alaska Sale
Calls with counsel to Salamatof regarding objection to sale motion

Participate in call with Pachulski, Rutan, Lazard regarding NAE financing issues with Alaska
550.00 550.00 550.00 550.00
Review amended notice to court regarding AK Sale
Call with counsel and lenders counsel regarding Alaska sale update
Review and comment on abandonment budget and timeline and prepare for internal distribution
550.00
Discussion with D. Katie and V. Katie regarding AKsale recent events and discussion with Polytec
550.00
0.5
275.00
Review and comment on Exhibits to NAE PSA
550.00 550.00
0.7 0.3
385.00 165.00
Review and respond to voice message from K. Cunningham regarding objection to sale motion
4 Call with M. Litvak regarding wind-down budget for PEAO only

Call with M. Litvak. S. Winn, G. Tywoniuk, and D. Katie regarding wind-down budget, AKSaies and
550.00 550.00
0.4 0.9
220.00 495.00
abandonment. and slot exchange agreement with Chevron

S Review beta production
Review and comment on emails string regarding cancelation of Escopeta farm out agreement
Review initial chevron response toJIS audit
11 participate in preparation offee statement 8/3/2009 Total
550.00 550.00
0.1 0.2 0.3 1.5
55.00
110.00 165.00 825.00
550.00
550.00
11.1
6,105.00
1,100.00
8/4/2009
3 Prepare for and participate in call with Lenders, Management and Counsel regarding developments in Alaska. sale process, and abandonment
Discussion with D. Katic regarding potential Polyec restructuring with Silver Point
550.00
2.0
550.00 550.00 550.00
0.5
275.00
2,200.00
Update key steps restructuring deck for Polytec
4.0
1.0 1.5 0.5
Coordinate data request from Lazard regarding new potential buyer

Revise abandonment report based on new information from D. Hall
5 Participate in discussion with J. Rainwater, G. Tywoniuk, J. DelConte and D. Hall
550.00
825.00 275.00 220.00
550.00
550.00 550.00
Reconcile Eureka production payment liabilty and coordinate with management regarding same
0.4
Coordinate with Management and counsel regarding reconciliation of amount due to CIRl and Salamatof
11 Review and comment on phase II engagement letter of JIB auditor
550.00
0.5
275.00
550.00
0.3
165.00
180146
ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 2009
Matt!!r
Prof!!sslonal
Mark A. C!!IVI
Hourly
Dat. 8/./2009
8/4/2009Total
8/5/2009
Code
Olscrlption 13 Review and comment on multiple draft of draft DIP amendment #3 anci'coordinate comments ;th"
Mana,Eement
Rat!!
Hours
1.3
Chars!!s
550.00
715,00
12.0
6,600.00
1,650.00
3 Revise abandonment report based on new information from D. Hall

Update Key steps deck for Polytec
550.00 550.00 550.00 550.00 550.00
3.0
2.0 1.5 0.5 2.0
1.100.00
Call with Management and Pachulski regarding abandonment

Call with D. Hall regarding abandonment budget and timeline
825.00 275.00
1,100.00
Review and edit Alaska budget with respect to abandonment assumptions and run-off of post petition Accounts Pavable
Prepare abandonment report for Lenders

5 Review status of ORR! analysis with management and prepare communication with counsel
550.00 550.00 550.00
2.0 0.5
1,100.00
275.00 220.00 220.00
18 Review of lowest intermediate balance test analysis and distribute to counsel

Call with R. Saunders and J. Hunter regarding lowest intermediate balance test for AK ORRI holders
D.. D..
550.00
8/5/2009 Total
12.3
6,765.00
275.00
2,750.00
8/6/2009
3 Discussions with Management and Lazard regarding sale update for CIE
550.00 550.00 550.00 550.00 550.00 550.00
0.5 5.0
Participate in preparation of AK abandonment transition deck for landowners

5 Discussions with management regarding Alaska ORRI's
D..
1.0
220.00 550.00
2,200.00
110,00
Participate in discussions and email exchange with Lenders regarding AK operations
10 Prepare Alaska employee retention plan and incentive plan

Call with A, Kornfeld regarding AK retention 8/6/2009 Total
'.0
0.2
11.1
6,105.00 2,200.00
8/7/2009
3 Participate in preparation of AK abandonment transition deck for landowners

Update Key steps deck for potential purchaser
550.00 550.00 550,00
'.0
1.2 2.0
660.00
1,100.00
4 Participate in preparation of AK budget and review and provide comments

5 Discussion with D. Jeric regarding AK ORRl's
550,00
550.00 550.00 550.00 550.00 550.00
D..
0.1 0.3 0.5 0.3 1.0
220.00
55.00
Discussion with L Carbajal regarding vendor invoice issues

Review status of CIPL tight line efforts
165.00 275.00 165.00 550.00
Assist in data collection regarding AK ORRl holder addresses
18 Discussion with J. Kuritz regarding lowest intermediate balance tests data and review data
Review and comment on Lowest intermediate balance test for settlement purposes with AK ORRI holder
8/7/2009 Total
9.8
3 Review multiple iterations ofthe investor Alaska Budget, update Key steps deck, and distribute to mana.iement
5,390.00
1,650,00
8/8/2009
550.00
3.0
8/8/2009 Total
3.0
1,650.00
2,750.00
8/10/2009
3 Review abandonment report and participate in call with AK management regarding draft
abandonment report for Leaseholders.
550.00
5.0
4 Update and distribute revised near term budget to lenders

participate in meeting with D. Cosgrove, S. Liles, and J. DelConte regarding extended Beta DIP budget
550.00 550.00
1.0 0.5
550.00 275.00
Review detailed Beta long term plan to support beta restructuring proposal
11 Review engagement letter for special Tax counsel
550.00 550.00 550.00
3.0 0.2 1.0
1,650.00
110.00
13 Review draft weekly report and make comments

8/10/2009 Total
550.00
10.7
5,885.00
550.00 550.00 660.00
8/11/2009
3 Participate in call with Pachulski, ZC, and Management regarding draft abandonment report
550.00 550.00 550.00
1.0 1.0 1.2
Review of revised lessor abandonment report

Participate in call with Pachulski, LC, and Management regarding revised draft abandonment report.
4 Review and edit proposed restructuring term sheet and associated long term model
Discussion with 5. Winn regarding restructuring Term sheet
Discussion with i. Kharasch and 5. Winn regarding restructuring Term sheet
550.00 550.00 550.00 550.00 550.00
2.5 0.5 0.6 1.0 0.7
1,375,00
275.00 330.00 550.00 385.00
Make revision to restructuring term sheet

Discuss abandonment timeline with D. Hall
190f'6
ZOLFO COOPER MANAGEMENT, LLC AND SCOT W. WINN PACIFIC ENERGY RESOURCES lTD. TIME ENTRIES - AUGUST 2009 Hourly
MaUer
Professional
Mark A. Cervi
Dat.
8/11/2009
Code
Description
Rate
Hours 1.0
Charges
Make revisions to abandonment timeline and coordinate with J. DelConte regarding corresponding chaniies to budiiet
550.00
550.00
10 Make revision to Alaska incentive and retention plans and develop power point deck. Distribute
internallv.
550.00
2.0
1,100.00
13 Participate in weekly call with lenders

Discuss comment on weekly report with J. DelConte
Review draft DIP amendment 114
550.00 550.00
0.5 0.3 1.0
275.00
165.00 550.00
550.00
8/11/2009 Total
13.3
7,315.00
1,100.00
8/12/2009
3 Review final Alaska abandonment transition deck in preparation for the meeting with lessors and land owners.
Call with multiple Alaska lessors and their counsel regarding abandonment
log Update abandonment call
550.00
2.0
550.00
550.00 550.00
2.2 0.5 0.3 0.5 0.3 0.5 0.2 0.3 1.0 0.2
1,210.00
275.00
165.00 275.00
Call with G. Tywoniuk regarding abandonment call with lessors
Participate in call with D. Hall regarding abandonment

Email exchange with S. Winn regarding OCAR sale
550.00
550.00 550.00 550.00 550.00 550.00 550.00
165.00 275.00
110.00
4 Review of Beta long term model and discussion with D. Cosgrove

Discussion with K. Tomossonie regarding wind-down budget
Discussion with D. Katie regarding key steps deck and update deck
165.00 550.00
110.00
Discussion with D. Cosgrove regarding beta long term model
5 Distribute interest accruals related to Chevron segregated funds and review emails regarding the same
7 Research Unocal claims files
550.00 550.00
0.2 0.3
110.00 165.00
10 Participate in call with G. Sieichter, B. Walker, and i. Kharasch regarding employee retention plan
Participate in call with G. Slekhter, B. Walker, and i. Kharasch regarding document retention in Alaska
550.00
0.3
165.00
Update Alaska KElP and KERP pursuant to discussion with Pachulski
550.00 550.00
2.0 0.6
1,100.00
13 Review and edit proposed restructuring term sheet and associated long term model
8/12/2009 Total
330.00
6,270.00
11.4
8/13/2009
3 Respond to request for data regarding TBU/TBF assets from R. lynd

Call with I. Kharasch regarding OCAR sale
550.00 550.00 550.00
0.4
0.3 0.5
220.00
165.00 275.00
Review and comment on break.even analysis for Alaska assets and distribute for inclusion on the data site
Coordinate with management regarding posting document request to data site

4 Review and comment on latest draft of DIP Budget
5 Discussion with 5. Liles regarding Beta operations and recent events
Call with B, Walker regarding Alaska Offce
550.00 550.00
0.4
0.5 0.3 0.1 0.5
220.00
275.00 165.00
550.00
550.00 550.00
55.00
6 Participate in weekly all hands call with management and professionals

10 Review and respond to Pachulski request for information of supplemental Alaska KElP
Adjust supplemental KElP and KERP plan based on Pachulski comments
275.00
550.00 550,00
550.00
550.00 550.00
1.0
1.0 0.5
Review performing to date with respect to existing KElP and draft language for supplemental KElP motion
Edit supplemental KElP and KERP plan and distribute
275.00
550.00
550.00 550.00
4.0
0.1 0.5
2,200.00
11 Respond to M. Clemans question regarding payment of fees
55,00
13 Review and comment on Amendment number 4 to credit agreement

8/13/2009 Total
275.00
5,555.00
10.1
8/14/2009
3 Discussion with D. Hall regarding abandonment progress

10 Discussion with K. Tomossonie regarding supplemental KEIP/KERP
550.00 550.00
0.3 0.1
165.00
55.00
8/14/2009 Total
0.4
3 Review Merrill data site for additions requested by Alaska land owners
4 Review draft wind.down budget
220.00 165.00 550.00

110.00 275.00
8/17/2009
550.00
550.00
0.3 1.0 0.2 0.5
Discussion with K Tomossonie regarding wind.down budget

Call with K. Tomossonie and J. DelConte to discuss wind.down budget
550.00 550.00
20 of 46
ZOLFO COOPER MANAGEMENT, LLC AND SCOTW. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST Z009
Matter
Professional
Mark A. Cerv
Dat. 8/17/2009
Code
Description
~ Hours
550.00
Hourly
4 Prepare for and participate in call with Lenders regarding amendment DIP budget
Discussion with D. Cosgrove and B. Lyng regarding restructuring budget and tax related issues
550.00 2.0
1.0
Charies 1,100.00
550.00
5 Follow up with G. Tywoniuk regarding Alaska Insurance
550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00

550.00
0.4
0.2 0.3 0.5 0.3 1.0 0.3 0.2 0.3 8.5
220.00 110.00 165.00 275.00 165.00
6 Call with S. Winn to coordinate work effort

10 Review court docket for KEIP/KERP filings
11 Review draft Zolfo cooper July invoice
12 Review Milstream response to fee auditor initial report

13 Review draft weekly report
Review draft DIP amendment It 4
550.00
165.00 110.00
Review final funding request
Review and distribute dip budget for amendment #4
165.00
8/17/Z009Total
8/18/2009
3 Review and comment on PSA exhibits
4.675.00
550,00
550.00 550.00 550.00 550.00 550.00 550.00 550.00
1.0 0.3 5.0 2.0 0.5 0.5 0.3
Discussion with Management regarding Beta potential bidders and other matters
165.00
2,750.00 1,100.00
Prepare abandonment budget for distribution to lessors

4 Review and comment on draft wind down budget
11 participate in preparation of fee statement

13 Participate in weekly call with Lenders
Review draft weekly report and discuss with J. DelConte
8/18/Z009 Total
275.00 275.00
165.00
9.6
5,280.00
8/19/2009
3 Review new data on Merril data site for abandonment purposes and coordinate postIng of documentation.
Respond to lender (G5) request for information regarding abandonment
Review and edit abandonment meeting call notes
Coordinate excess assets call Call with I. Kharasch and Management regarding excess assets in Alaska and abandonment
4 Call with K. Tomossonie and J. DelConte regarding wind-down budget
550.00
1.2
660.00
550.00 550.00 550.00 550.00 550.00 550,00 550.00 550.00 550.00
0.8 0.6 0.1 0.7 0.7
440.00 330.00
55.00
385.00 385.00
Review and comment on draft wind down budget

5 coordinate document retention
2.0
0.8 1.0 0.1
1,100.00
440.00 550.00
55.00
fee 11 Review invoice and participate in preparation of statement

Review OCP payment summary
8/19/2009 Total
8.0
4,400.00
1,100.00
825.00 275.00
8/20/200
3 Follow up on outstanding items relating to Alaska Lessors
550.00 550.00 550.00 550.00 550,00 550.00
2.0
1.5 0.5 0.8 0.1
Prepare for an participate in Abandonment call.

Review data site for CIRI and 5alamatoffiles
4 Review and comment on draft wind down budget

5 Review dally production report for Beta
Discussion with G. Tywoniuk and i. Kharasch regarding reduction in expenses and insurance matters
440.00
55.00
550.00
1.0
Discussion with S. Liles regarding beta operations and general case update
Multiple discussion with D. Jeric regarding Alaska matters
550.00 550.00 550.00
0.3 0.8 0.5 0.5
165.00
440.00
275.00 275.00
6 Prepare dIscussion agenda for 3:00 weekly All Hands call

Weekly all hands call 8/20/Z009 Total
550.00
8.0 3 Call with D. Hall regarding schedule 1.1 onSA

Meeting with G. Tywoniuk regarding abandonment
550.00 550.00 550.00 550.00 550.00 550.00
0.5 0.5 0.3
4,40.00
275.00
8/21/2009
275.00
165.00
Call with i. Kharasch regarding abandonment

Review draft ERG TSA to develop abandonment TSA
1.0
0.3 0.3
550.00
165.00 165.00
Call with C. Parker regarding abandonment TSA
Review supplemental objection to TBU abandonment
210f46
ZOLFO COOPER MANAGEMENT, UC AND scorrw. W1NN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 2009 Hourly
Matter
Professional
Mark A. Cervi
Dat. 8/21/200.
Code
Description
Rate
Hours 2.5 0.8 0.2
Chal'es
1,375.00
3 Develop revised schedule 1.1 for abandonment T5A

Discussion with potential bidder regarding various issues
5 Call with B. lyng and I, Kharasch regarding MMS prepetition royalties
Call with I. Kharasch, G. Amber, B. Walker regarding offce lease rejections Call with B. Walker regarding Alaska offce lease
550.00
550.00 550.00
440.00 110.00 220.00

110.00
550.00
550.00 550.00 550.00
0.'
0.2
Organize and email production detail to CIRI
0.'
1.0
220.00
550.00
6 Participate in email correspondence with Management regarding executory contracts in Alaska and
Bakersfield 8/21/2009 Total
8.'
5 Email exchange with R, Saunders regarding CIRI objection Email exchange with J. Arlington regarding Alaska offce
4,620.00
110,00 110.00 220.00
1,375.00
8/23/200.
550.00 550.00
0.2 0.2
8/23/2009 Total
0.'
3 Review and edit T5A draft and develop invoice draft for Exhibit
Discussion with C. Parker regarding changes to abandonment TSA
8/2./200.
550.00 550.00 550,00 550.00 550.00 550.00 550,00 550.00 550.00 550,00 550.00 550.00 550.00
2.5 0.2 0.2 0.1 0.3 1.5 1.0 1.0
110.00 110.00
55.00
Coordinate abandonment call log with K Tomossonie
Review letter from potential bidder to lenders

follow up with management regarding Group 2 sale status
Research amounts outstanding to CIRI and update summary schedule
Review multiple drafts of TSA
165,00 825.00 550,00

550.00
5 Research amounts outstanding to CIRI and update summary schedule

Review expenditures detail and AP Aging
0..
0.3 1.0
330.00
165.00
email exchange with counsel regarding Salamatof payment

Call with Forest regarding offce lease in Alaska
550.00 330.00 220,00

5,335.00
6 Review draft response to CIRI administrative claim motion

13 Discussion with K. Tomossonie regarding weekly report and coordinate of work efforts 8/24/2009 Total
0..
0.'
'.7
2 Review and comment on latest preference analysis
3 Call with D. Hall regarding weekly report and sale process
550.00
0.8 0.4
8/25/200.
440.00
220.00
550.00
550.00 550.00 550.00
Participate in call with lender (65) regarding potential investor Participate in call with Management and Counsel regarding Abandonment settlement email
Call with C Parker regardingT5A
0..
0.'
0.2 0.5 0.3 0.7 0.1 2.0
330.00 495.00
110.00 275,00
Review and finalize abandonment T5A
550,00
550.00 550.00 550.00 550,00 550.00 550.00 550,00 550.00 550.00 550.00
Coordination of abandonment call with landowners
165.00 385.00
55.00
1,100.00
Review and distribute abandonment budget to counsel

Review and comment on call log from call with landowners on August 20th.
Multiple discussion and emails regarding drafting of response to abandonment objection

5 Participate in detailed invoice review with the accounting group
6 Review court docket for newlyfiled document
0..
0.'
0.2 0.2 1.0
330.00 220.00 110.00

110,00 550.00
7 Review and discussion with management regarding claims reconciliation process memo
Review claims objection process Memo from counsel
13 Prepare for and participate in weekly call with lenders

18 Draft email to counsel regarding royalties and lIBT
8/25/2009 Total
0..
'.5
330,00
5,225.00
8/2./200.
log 3 Review and comment on call from call with landowners on August 20th.
Review email corresponds regarding CIRI objection
550.00 550.00 550.00 550.00 550.00 550.00
1.0 0.3 0.3 0.5 1.5 0.8 0.2
550,00 165,00 165.00 275.00

825.00
Review data on Landowner access to data site and distribute to counsel
Coordinate accumulation of data site activity for abandonment support

Prepare for and participate in abandonment call with Alaska landowners
Review draft omnibus reply to sale objections
440.00 110.00
4 Review data regarding 0&0 insurance coverage for wind-down
550,00
22 of .6
ZOLFO COOPER MANAGEMENT, LtC AND SCOTT W. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 2009 Hourly
Matter
Professional
Mark A. Cervi
Oat.
8/26/2009
Code
Description
Rate
Hours
1.0 0.2 0.4 1.5 0.5
Charges
4 Participate in preparation and review of revised wind-down budget

5 Discussion with G. Tywonluk regarding various matters
550.00
550.00 550.00 550.00
550.00
110.00 220.00 825.00 275.00
Review board meeting materials
6 Review and compile contract to reject and forward to Pachulski

13 Coordinate with Pachulski and Management regarding Lender professional fee invoices
8/26/2009 Total
550.00
8.2
4,510.00
550.00
8/27/2009
3 Review draft reply to Abandonment objections

Follow up with counsel regarding winterization of AK
550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00
1.0
0.5
275.00
220.00 825.00
110.00
Work with D. Jerlc on WF cure amount
0.4
1.5 0.2 0.8 1.0 1.0 0.9
4 Participate in discussions and review of Beta CAPEX and budget revisions
5 Review email regarding hedge termination status

Review multiple emails regarding West Foreland agreement on BLM rates
Participate in All Hands weekly internal call
440.00
550.00 550.00
11 participate in preparation of fee statement

13 Participate in Review of extended DIP
8/27/2009 Total
495.00
4,015.00
165.00
7.'
3 Discussion with D. Hall regarding abandonment progress
Revise Alaska Abandonment Call log and distribute to counsel
8/28/2009
550.00 550.00 550.00
D.. 0.6 0.5 0.2 1.6
330.00
275.00 110.00
SSO.OO
4 Review draft Beta self sustaining budget

13 Review Skadden Invoice
8/28/2009 Total
550.00
8/.1/2009
3 Respond to questions from Pachulski and Management to prep for hearing

Review PSA from Alaska Group 1 bidders
550,00
'.0
2.0 0.6
1,650.00
1,100.00
550.00
550,00 550,00
Participate in Sales update call with professionals and Management

Participate in Sales update call with Lenders
330.00
220.00 550,00 275,00
0.4
1.0 0.5
5 Work with 0, Jerc regarding erRI and 5alamatof royalty payment

10 Review and analyze Alaska supplemental Incentive plan and suggest changes to Management and counsel
550,00 550.00
13 Review and comment on DIP extension budget

8/31/2009 Total
550.00
1.0
550.00
4,675.00
744.00
8.5
Kevin S. Tomossonle
8/3/2009
4 Update wind-down budget for changes in assumptions related to rollng forward the May balance sheet to the June balance sheet.
Work on wind-down budget splitting cost estimates into various categories intended to represent Alaska, Beta and Corporate wind-down categories and prepare a summary presentation isolating these amounts.
Prepare summary schedules of wind-down budget assumptions and calculations for easy reference to be used bv CRO if he is caned to testify.
465.00
1.6
465.00
4.6
2,139.00
465.00
2.4
1,116.00
11 Review quarterly fee application and provide comments to M. Ceivi and j, DelConte,
S/3/2009 Total
465,00
2.4
11.0
1,116.00
5,115.00
8/4/2009
4 Review draft abandonment budget.
465.00
0.5 6.7 0.8
232.50
3,115.50
Update Alaska financial model for actual June results.
465.00 465,00
Prepare summary schedule and send to D. Hall to discuss future monthly operating costs if operations are shut-in.
8/4/2009 Total
372.00
8.0
3,720,00 2,790.00
8/5/2009
3 Prepare presentation to address abandoning/transltioning the Alaska operated assets, Including summary schedules of operating results and pro forma shut.in costs to be incurred prospectively,
465.00
6.0
4 Prepare for and participate in conference call regarding Alaska abandonment.
465.00
2.0 8.0
930.00
3,720.00
1,953.00
S/S/2009Total
8/6/2009
3 Prepare presentation to address abandoningftransltloning the Alaska operated assets, Making edits and additions as necessary based on comments from others.
4 Prepare a pro forma cash burn analysis related to the Alas~a operations at the request of Silver Point.
465.00
4.2
465.00
1.6
744,00
S/6/2009 Total
5.8
2,697,00
23 of 46
ZOLFO COOPER MANAGEMENT, LLC AND SCOTW. WINN PACIFIC ENERGY RESOURCES LTD. TIME ENTRIES - AUGUST 2009
Matter
Professional
Kevfn S. Tomossonle
Dat. 8/7/2009
Code
3 Prepare presentation to address abandoning/transitioning the Alaska operated assets. Incorporating chanRes and comments from others.
count 5 Review Alaska retention plan and incorporate revisions to head into Alaska transition
..
Description
Hourl Rat.
465.00
Hours 4.3
Charges
1,999.50
465.00
1.7
790.50
presentation.
8/7/2009 Total 6.0
2,790.00
8/10/2009
3 Prepare for and participate in call with management team to discuss the Alaska asset transition presentation.
Modify go forward cost estimates shown In the Alaska transition presentation based on feedback and additional information provided bv D. Hall.
Modify and expand on qualitative information included in the Alaska transition presentation based on feedback from management. Redistribute draft and arrange a follow-up call to take place the followim! morninli with manaiiement and debtors counseL.
465.00
1.2
558.00
465.00
2.5
1,162.50
465.00
4.8
2,232.00
8/10/2009 Total
8.5
3,952.50
837.00
8/11/2009
3 Prepare for and participate in call with management and debtors counsel to discuss the Alaska asset
transition presentation.
465.00
1.8
Modify and expand on information included in the Alaska transition presentation based on feedback from management and debtors counseL. Redistribute draft and arrange a follow-up call to take place in the followinii hours with manaiiement and debtors counse
Modify and expand on information included in the Alaska transition presentation based on feedback from management and debtors counseL. Redistribute draft and arrange a follOW-Up call to take place in the followinli hours.
13 Participate in call with lenders,
8/11/2009 Total
465.00
4.2
1,953.00
465
3.7
1,720.50
465.00
0.8 10.5
372.00
4,882.50
372.00
8/12/2009
3 Process comments and edits regarding Alaska transition presentation.

Make final edits and circulate Alaska transition presentation for discussion with land owners.
465.00 465.00
0.8 1.0
465.00
Prepare for and partiCipate in call with landowners.
465.00
465.00
2.3 3.5
1,069.50
1,627.50
4 Rework wind-down budget to reflect the new timing of a potential wind-down in a scenario where Alaska is abandoned and beta reoriianized.
7 Research and respond to debtor counsels request regarding claims information.

8/12/2009 Total
465.00
0.4 8.0
186.00
3,720.00
2,790.00
8/13/2009
3 Prepare various break-even analyses at request of Alaskan landowners and send to M. Cervi for comment/distributIon.
465.00
6.0
4 Rework wind-down budget to reflect the new timing of a potential wind-down in a scenario where Alaska is abandoned and beta reor.Ranized.
8/13/2009 Total
465.00
2.0
930.00
8.0
3,720.00
1,162.50
8/14/2009
4 Rework wind-down budget to reflect the new timing of a potential wind-down in a scenario where Alaska is abandoned and beta reorlianized.
Review revised DIP budget and discussed with Jesse DelConte for purposes of reconciling with winddown budiiet.
465.00
2.5
465.00
1.0
465.00
10 Incorporate comments from R. Saunders and G. Tywoniuk into the KElP and KERP. Also prepare a redacted version of the same for filinii.
8/14/2009 Total
465.00
3.5
1,627.50
7.0
3,255.00 3,720.00
8/17/2009
4 Rework wind-down budget to reflect the new timing and potential cost a wind-down in a scenario where Alaska is abandoned and beta reor.Ranized.
465.00
8.0
8/17/2009 Total
8.0
3,720.00
465.00
1,860.00 2,325.00
8/19/2009
3 Participate in call to discuss the possibilty of sellng movable assets in Alaska.
465.00 465.00
1.0
4 Rework wind-down budget to reflect the new timing and potential cost in a sale scenario.
8/19/2009 Total
4.0 5.0
8/20/2009
3 Prepare for and participate in call with land owners regarding the abandonment of the Alaskan assets.
5 Prepare for and participate in call with lenders
465.00
1.0
465.00
465.00
0.8 1.8
372.00
8/20/2009 Total
837.00
3,162.00
8/21/2009
4 Update the Alaska model for actual July results.
465.00 465.00
6.8 1.2
5 Prepare a schedule of offce related contracts for the 8akersfield and Alaska offces.
8/21/2009 Total
558.00
3,720.00 1,953.00
1,953.00
8.0
8/24/2009
8/24/2009 Total
5 Prepare weekly report for upcoming lender call
465.00
4.2 4.2
8/25/2009
4 Discuss LOS statements, Alaska operations and orri liabilties with D. Jeric.
465.00 465.00
1.0 1.0
465.00 465.00
5 Prepare for and participate in call with lenders.
24 of 46
ZOLFO COOPER MANAGEMENT, LtC AND SCOTW. WINN PACIFIC ENERGY RESOURCES L TO. TIME ENTRIES - AUGUST 2009
Matter
Professional
Kevin S. Tomossonle
Oat. 8/25/2009
Code
Description
-~
Hourly
Hours 1.2
Charges
Make revisions to power point presentation for call with lenders.

8/25/2009 Total
465.00
558.00
1,488.00
3.2
8/26/2009
3 Prepare for and participate in call with Alaska landowners.
465.00 465.00
0.7 3.3
325.50
1,534.50 1,860.00
4 Make revisions to wind-down budget assuming a new start-date and scenario for a reorg.
8/26/2009 Total
4.0
6 Participate in weekly internal update calL.
8/27/2009
8/27/2009 Total
465.00
1.0
465.00 465.00
1.0
25 of 46

PACIFIC ENERGY RESOURCES LTD.
SUMMARY OF TIME PER MATTER CODE AUGUST 2009
MATTER 1- ACCOUNTING I AUDITING
August 2009
Cumulative
Hours
$
Professional
Scott W. Winn Mark A. Cervi Kevin S. Tomossonie
Jesse C. DelConte
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
$
Value
Value
4.0 86.6 10.1
2,100.00 39,019.50 3,989.50
Elizabeth S. Kardos
Laurie Capen-Verry
100.7
45,109.00
26 of 46

SUMMARY OF TIME PER MATTER CODE

AUGUST 2009
MATTER 2 - ASSET ANALYSIS AND RECOVERY
August 2009
Cumulative
Professional
Scott W. Winn Mark A. Cervi
Kevin S. Tomossonie Jesse C. DelConte
$
Rate
Hours
$
Value
Hours Value
1.5
$
Elizabeth S. Kardos Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
1,17750
14,595.00 13,705.50 553.00
0.8 1.0
440.00 395.00
27.5 30.3 1.4
1.8
835.00
60.7
30,031.00
27 of 46


MATTER 3 - ASSET DISPOSITION
August 2009
Cumulative
Hours
173.9 291.9 120.6 26.8
$
Professional
Jesse C. DelConte
Rate
$
Hours
27.4 102.2 45.5 8.7
$
Value
Value
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
22,605.00 56,210.00 21,157.50 3,436.50
139,451.50
158,37750
55,321.50 10,586.00
183.8
$ 103,409.00
613.2
$ 363,736.50
28 of 46


AUGUST 2009
MATTER 4 - BUSINESS ANALYSIS
August 2009
Cumulative
Hours
90.3 224.8 252.5 635.8
Professional
Jesse C. DelConte
Rate
$
Hours
5.3 30.4 52.3 98.4
$
Value
Value
$ 71,197.50 119,660.00 115,138.50 251,141.00
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
4,372.50 16,720.00 24,319.50 38,868.00
186.4
84,280.00
1,203.4
$ 557,137.00
29 of 46
ZOlFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN


MATTER 5 - BUSINESS OPERATIONS
August 2009
Cumulative
Hours
30.5 147.8 131.9 110.5
$
Professional
$
Rate
Hours
4.5 17.9 10.1 8.5
$
Value
Value
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
3,712.50 9,845.00 4,696.50 3,357.50
24,382.50 78,405.00 59,506.50 43,647.50
41.0
21,611.50
420.7
$ 205,941.50
30 of 46


MATTER 6 - CASE ADMINISTRATION
August 2009
Cumulative
Hours
87.3 142.4 175.0 106.3
1.2 0.3
$
Professional
Jesse C. DelConte
Rate
$
Hours
9.9 5.2 1.0 11.6
$
Value
Value
825.00 550.00 465.00 395.00 425.00 225.00
8,167.50 2,860.00 465.00 4,582.00
69,954.50 75,060.00 79,075.50 41,988.50 510.00 67.50
27.7
16,074.50
512.5 $ 266,656.00
31 of 46


MATTER 7 - CLAIMS ADMINISTRATION AND OBJECTIONS
August 2009
Cumulative
Hours
3.4 3.7 52.0 11.6
$
Professional
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
$
Value
Value
0.6 0.4
330.00 186.00
2,669.00 1,987.50 23,968.50 4,582.00
Elizabeth S. Kardos
Laurie Capen-Verry
1.0
516.00
70.7
33,207.00
32 of 46


MATTER 8 - CORPORATE FINANCE
August 2009
Cumulative
Hours
$
Professional
$
Rate
Hours
$
Value
Value
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
33 of 46


MATTER 9 - DATA ANALYSIS
August 2009
Cumulative
Hours
0.6 10.2 60.2
$
Professional
Kevin S. Tomossonie
$
Rate
Hours
$
Value
Value
Jesse C. DelConte Elizabeth S. Kardos

Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
471.00 5,367.50 27,090.00
71.0
32,928.50
34 of 46


MATTER 10 - EMPLOYEE BENEFITS I PENSIONS
August 2009
Cumulative
Hours
11.4 35.9 10.8 11.6
$
Professional
$
Rate
Hours
$
Value
Value
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
16.2 3.5 2.5
8,910.00 1,627.50 987.50
8,949.00 19,262.50 4,912.50 4,582.00
22.2
11,525.00
69.7
37,706.00
35 of 46


AUGUST 2009
MATTER 11- FEE I EMPLOYMENT APPLICATIONS
August 2009
Cumulative
Hours
8.3 40.2 14.7 56.6 13.7 16.4
$
Professional
Jesse C. DelConte
$
Rate
Hours
$
Value
Value
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
5.2 2.4 8.3
2,860.00 1,116.00 3,278.50
6,539.50 21,685.00 6,678.00 22,357.00 5,822.50 3,690.00
15.9
7,254.50
149.9
66,77200
36 of 46

MATTER 12 - FEE I EMPLOYMENT OBJECTIONS
August 2009
Cumulative
Hours
8.3 15.4 2.6
$
Professional
Rate
$ 825.00
Hours
$
Value
165.00
Value
Elizabeth S. Kardos
Laurie Capen-Verry
550.00 465.00 395.00 425.00 225.00
0.3
6,515.50 8,097.50
1,027.00
0.3
165.00
26.3
15,640.00
37 of 46
ZOlFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN


MATTER 13 - FINANCING
August 2009
Cumulative
Hours
20.0 64.3 18.8
$
Professional
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
3.2 11.8 0.8 10.0
$
Value
Value
2,640.00 6,490.00 372.00 3,950.00
131.
15,956.00 34,240.00 8,499.00 51,824.00
Elizabeth S. Kardos
Laurie Capen-Verry
25.8
13,452.00
234.3
$ 110,519.00
38 of 46


MATTER 14 - LITIGATION CONSULTING
August 2009
Cumulative
Hours
$
Professional
$
Rate
Hours
$
Value
Value
Jesse C. DelConte Elizabeth S. Kardos

Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
39 of 46


MATTER 15 - MEETINGS OF CREDITORS
August 2009
Cumulative
Hours
2.6
$
Professional
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
$
Value
Value
2,041.00
Elizabeth S. Kardos
Laurie Capen-Verry
2.6
2,041.00
40 of 46


MATTER 16 - PLAN AND DISCLOSURE STATEMENT
August 2009
Cumulative
Hours
16.3 55.5
1.1
$
Professional
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
$
Value
Value
12,855.50 29,410.00
434.50
72.9
42,700.00
41 of 46


MATTER 17 - RECONSTRUCTION ACCOUNTING
August 2009
Cumulative
Hours
$
Professional
$
Rate
Hours
$
Value
Value
825.00 550.00 465.00 395.00 425.00 225.00
42 of 46


AUGUST 2009
MATTER 18 - RELEF FROM STAY PROCEEDINGS
August 2009
Cumulative
Hours
3.3 6.8
$
Professional
$
Rate
Hours
$
Value
Value
Elizabeth S. Kardos
Laurie Capen-Verry
825.00 550.00 465.00 395.00 425.00 225.00
2.7 7.8
1,485.00
2,590.50 3,672.50 6,715.00
3,081.00
17.0
10.5
4,566.00
27.1
12,978.00
43 of 46


MATTER 19 - TAX ISSUES
August 2009
Cumulative
Hours
11.0 6.8
$
Professional
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
$
Value
Value
8,687.00 3,582.50
434.50
1.
$
Elizabeth S. Kardos
Laurie Capen-Verry
18.9
12,704.00
44 of 46
ZOLFO COOPER MANAGEMENT, LLC
AND.
SCOTT
W. WINN

MATTER 20 - NON-WORKING TRAVEL
August 2009
Cumulative
Hours
151.0 21.0 333.0 404.3
$
Professional
$
Rate
Hours
Value
$
Value
Elizabeth S. Kardos
Laurie Capen-Verry
412.50 275.00 232.50 197.50 212.50 112.50
4.0
1,650.00
60.0
11,850.00
59,707.50 5,512.50 75,262.50 79,849.25
64.0
13,500.00
909.3
220,331.5
45 of 46


MATTER 21 - VALUATION
August 2009
Cumulative
Hours
2.4 18.1
$
Professional
$
Rate 825.00 550.00 465.00 395.00 425.00 225.00
Hours
$
Value
Value
11.
3.5
1,884.00 9,502.50 5,040.00 1,382.50
Elizabeth S. Kardos
Laurie Capen-Verry
35.2
17,809.00
46 of 46
IN THE UNITED STATES BANKRUPTCY COURT
In re: )
STATE OF DELAWARE )
) ss:
FOR THE DISTRICT OF DELAWARE

Chapter 11
)
)
PACIFIC ENERGY RESOURCES LTD., et al., 1 )
Debtors. )
Case No. 09-10785 (KJC) (Jointly Administered)
AFFIDAVIT OF SERVICE
COUNTY OF NEW CASTLE )

Kathleen Forte Finlayson, being duly sworn according to law, deposes and says
that she is employed by the law firm of
Pachulski Stang Ziehl & Jones LLP, attorneys for the
Debtors in the above-captioned action, and that on the 10th day of
November, 2009 she caused a
copy of
the following document(s) to be served upon the parties on the attached service lists in
the manner indicated:
Notice of Monthly Fee Statement and Staffing Report for Zolfo Cooper
Management, LLC for the Period August 1-31, 2009
Noary b ~
Commission 'xp.:
DOCS_DE: 1 48822.1 My
MARY E. CORCORAN NOTARY PUBLIC STATE OF DELAWARE

Commisson Expires Nov. 4, 2011
1 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 J.D. # not available); Cameros Acquisition Corp. (5866); Pacific Energy Alaska Operating 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 111 W.
Ocean Boulevard, Suite 1240, Long Beach, CA 90802.
Pacific Energy Resources Ltd. Fee App Service List

Case No. 09-10785
Document No. 147432
Hand Delivery
(Counsel to Official Committee of
Unsecured
03 - Hand Delivery 06 - First Class Mail
Creditors) David B. Stratton, Esquire James C. Carignan, Esquire Pepper Hamilton LLP
Hercules Plaza, Suite 1500
01 - Interoffice Pouch
1313 Market Street Wilmington, DE 19899
(Counsel for Debtors) Laura Davis Jones, Esquire James E. O'Neil, Esquire Kathleen P. Makowski, Esquire Pachulski Stang Ziehl & Jones LLP 919 North Market Street, 17th Floor P.O. Box 8705 Wilmington, DE 19899-8705
First Class Mail (Debtors)

Mr. Gerry Tywoniuk Senior Vice President & CFO Pacific Energy Resources
111 We. Ocean Boulevard, Ste 1240
Long Beach, CA 90802
Interoffice Pouch to Los Angeles

(Counsel for DeQtors)
First Class Mail (Deptors)

Mr. Scott W. Winn Senipr Managing Director Zolf Cooper
1166'.Sixth Avenue, 24th Floor
Robert M. Saunders, Esquire

Ira, D. Kharasch, Esquire
Scotta E. McFarhind, Esquire Pachulski Stang Ziehl & Jones LLP

10100 Santa Monica Blvd., 11 th Floor
Ne~~York, NY 10026
i .;,
Los Angeles, CA 90067

Hand Delivery (United States Trustee) Joseph McMahon, Esquire Office of the United States Trustee J. Caleb Boggs Federal Building 844 North King Street, Suite 2207 Lockbox 35 .
Wilmington, DE
(viiifirst Class Mail)

(TIi(~ Fee Auditor)
Warren H. Smith Warren H. Smith & Associates, P.C. Republic Center

3'25 ", St. Paul, Ste 1250 'N. \i: ,
l)~aiias, Texas 75201

:, .'
19801
.f
Hand Delivery (Copy Service)

Parcels, Inc.
',..r
Vito i. DiMaio 230 N. Market Street

Wilmington, DE '19801
,~.
1'
-~c -
First Class Mail

(Counsel to Official Committee of
Unsecured
Creditors) Francis J. Lawall, Esquire Pepper Hamilton LLP 3000 Two Logan Square .Eighteenth & Arch Streets ;Philadelphia, P A 19103
First Class Mail

(counsel to Offcial Committee of
Unsecured Creditors)
Filiberto Agusti, Esquire Steven Reed, Esquire Joshua Taylor, Esquire Steptoe & Johnson LLP 1330 Connecticut Avenue NW Washington, DC 20036
First Class Mail

(counsel to Official Committee of
Unsecured Creditors)
Robbin Itkin, Esquire Katherine Piper, Esquire Kelly Frazier, Esquire Steptoe & Johnson LLP
2 i 21 Avenue of the Stars, 28th Floor
Los Angeles, CA 90067

68773-001 \DOCS _DE: 147432. i

10000015879

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IN THE UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF DELAWARE

PACIFIC ENERGY RESOURCES LTD., et al., i )

Case No. 09-10785(KJC) (Jointly Administered)

Remainder of Page Intentionally Left Blank)

Dated: November 10, 2009

PACHULSKI STANG ZIEHL & JONES LLP

ikharasch~psziIaw. com smcfarland~pszilaw. com

Zolfo Cooper Management, LLC

Mr. Darren Katic

111 W. Ocean Boulevard, Suite 1240 Long Beach, CA 90802

Zolfo Cooper Management, LLC

August 31, 2009

PLEASE REMI TO OUR NEW JERSEY OFFICE

INOICE NO. 9500181

Chapter 11 for the month ended Augut 31,2009.

Total Curent Fees:

Wire Transfer Intrctions:

Chief Restructuring Officer

activities among Debtors' professionals.

Prepare a budget incorporating all expenditures

necessary for the wind down of the estate after the

adjust the DIP budget as necessary. Prepare weekly

required in the DIP agreement. Prepare cash flow

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

SUMMARY OF SERVICES BY PROFESSIONAL

Senior Managing Director

825.00 412.50 550.00 275.00

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

SUMMARY OF SERVICES BY PARA-PROFESSIONAL

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

SUMMARY OF EXPENSES AND OTHER CHARGES

8,349.64 878.06 609.01 16.63

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

SUMMARY OF SERVICES BY BILLING MATTER

Asset Analysis and Recovery

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

SUMMARY OF EXPENSES BY PROFESSIONAL

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

8/3/2009 Travel & Lodging - Travel

8/4/2009 Ground Transportation - Train 8/4/2009 Ground Transportation - Train

25.00 86.30 201.00 201.00 25.00 86.30 90.78

Total Expenses - Scott Winn (August 2009)

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

Air Transportation Hotel Charges Meals - Dinner (1)

614.60 217.42 31.87 29.97 12.95

Telephone Hotel Charges

Travel & Lodging

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

8/31/2009 Meals - Dinner (1) 8/31/2009 Meals - Lunch (2)

Total Expenses - Jesse DelConte (August 2009)

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

360.97 5.37 5.89 5.37

ZOLFO COOPER MANAGEMENT, LLC AND SCOTT W. WINN

MATTER I ACTIVITY CATEGORY

Activities relating to maintaining and auditing books of account, preparation of

financial statements and account analysis.

Sales, leases (365 matters), abandonment and related transaction work.

Issues related to debtor-in-possession operating in chapter 11 such as employee,

Coordination and compliance activities, including preparation of SOFA; schedules,

with the US Trustee: general creditor inauiries.

Review financial aspects of potential mergers, acquisitions, and disposition of