| ROYALTY-IN-KIND OIL | Invoice No.: | FHRA2004-06-01-00 | |||||||||||||||||
| STATEMENT OF ACCOUNT FOR | Invoice Date: | 2/13/2006 | |||||||||||||||||
| FLINT HILLS RESOURCES ALASKA, LLC | Due Date: | 2/21/2006 | |||||||||||||||||
| Adjustment Calculation for Prior Production Month: | |||||||||||||||||||
| Purchasing Points | |||||||||||||||||||
| Prudhoe | Lisburne | Northstar | Kuparuk | Milne Point | Duck Island | ||||||||||||||
| Production Month | December-05 | December-05 | December-05 | December-05 | December-05 | December-05 | |||||||||||||
| ANS Spot Price | $57.16857 | $57.16857 | $57.16857 | $57.16857 | $57.16857 | $57.16857 | |||||||||||||
| Marine Transportation | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | |||||||||||||
| Tariff Allowance | ($3.71065) | ($3.71065) | ($5.44951) | ($3.91167) | ($4.26749) | ($4.26347) | |||||||||||||
| Quality Bank Adjustment | $0.84502 | $0.66010 | $3.70693 | ($0.57953) | ($1.38595) | ($0.66743) | |||||||||||||
| Line Loss | ($0.04748) | ($0.04731) | ($0.04849) | ($0.04601) | ($0.04497) | ($0.04562) | |||||||||||||
| Net Adjusted RIK Sale Price | $52.70546 | $52.52071 | $53.82750 | $51.08136 | $49.92016 | $50.64205 | |||||||||||||
| Alyeska Gross Volume | 12,429,916 | 1,205,704 | 1,704,709 | 5,255,469 | 1,384,424 | 605,923 | |||||||||||||
| Gross Volume Adjustment | |||||||||||||||||||
| Adjusted Gross Volume | 12,429,916 | 1,205,704 | 1,704,709 | 5,255,469 | 1,384,424 | 605,923 | |||||||||||||
| State RIK Percentage | 11.361250% | 12.077720% | 0.000000%[1] | 5.625000% | 13.040550%[2] | 13.729875% | |||||||||||||
| RIK Volume | 1,412,193.83 | 145,621.55 | - | 295,620.13 | 180,536.50 | 83,192.47 | |||||||||||||
| RIK Linefill/Loss Adjustment | 0.00 | 0.00 | 82.87 [3] | (0.50) | (4.47)[4] | ||||||||||||||
| Adjusted RIK Volume | 1,412,193.83 | 145,621.55 | - | 295,703.00 | 180,536.00 | 83,188.00 | |||||||||||||
| RIK Due | $74,430,325.42 | $7,648,147.20 | $0.00 | $15,104,911.40 | $9,012,386.01 | $4,212,810.86 | |||||||||||||
| Prior RIK Payment | $75,068,580.54 | $7,523,016.06 | $0.00 | $14,826,734.71 | $8,863,310.21 | $4,183,856.44 | |||||||||||||
| Net RIK Due | ($638,255.12) | $125,131.14 | $0.00 | $278,176.69 | $149,075.80 | $28,954.42 | |||||||||||||
| Production Month | November-05 | November-05 | November-05 | November-05 | November-05 | November-05 | |||||||||||||
| ANS Spot Price | $56.10767 | $56.10767 | $56.10767 | $56.10767 | $56.10767 | $56.10767 | |||||||||||||
| Marine Transportation | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | |||||||||||||
| Tariff Allowance | ($3.71065) | ($3.71065) | ($5.44951) | ($3.91167) | ($4.26749) | ($4.26347) | |||||||||||||
| Quality Bank Adjustment | $0.83442 | $0.55646 | $4.04011 | ($1.19294) | ($1.73003) | ($0.68023) | |||||||||||||
| Line Loss | ($0.04651) | ($0.04626) | ($0.04783) | ($0.04451) | ($0.04370) | ($0.04465) | |||||||||||||
| Net Adjusted RIK Sale Price | $51.63493 | $51.35722 | $53.10044 | $49.40855 | $48.51645 | $49.56932 | |||||||||||||
| Alyeska Gross Volume | 12,719,093 | 1,222,926 | 1,801,585 | 5,161,336 | 1,284,754 | 600,190 | |||||||||||||
| Gross Volume Adjustment | |||||||||||||||||||
| Adjusted Gross Volume | 12,719,093 | 1,222,926 | 1,801,585 | 5,161,336 | 1,284,754 | 600,190 | |||||||||||||
| State RIK Percentage | 8.253750% | 8.777220% | 0.000000%[5] | 3.125000% | 13.029676%[6] | 13.778835% | |||||||||||||
| RIK Volume | 1,049,802.14 | 107,338.91 | - | 161,291.75 | 167,399.29 | 82,699.19 | |||||||||||||
| RIK Linefill/Loss Adjustment | 0.00 | 0.00 | (42.75)[7] | (0.29) | (68.19)[8] | ||||||||||||||
| Adjusted RIK Volume | 1,049,802.14 | 107,338.91 | - | 161,249.00 | 167,399.00 | 82,631.00 | |||||||||||||
| RIK Due | $54,206,460.01 | $5,512,628.02 | $0.00 | $7,967,079.28 | $8,121,605.21 | $4,095,962.48 | |||||||||||||
| Prior RIK Payment | $54,597,563.80 | $5,420,490.44 | $0.00 | $7,924,257.99 | $8,087,007.19 | $4,071,882.15 | |||||||||||||
| Net RIK Due | ($391,103.79) | $92,137.58 | $0.00 | $42,821.29 | $34,598.02 | $24,080.33 | |||||||||||||
| Production Month | October-05 | October-05 | October-05 | October-05 | October-05 | October-05 | |||||||||||||
| ANS Spot Price | $60.36913 | $60.36913 | $60.36913 | $60.36913 | $60.36913 | $60.36913 | |||||||||||||
| Marine Transportation | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | |||||||||||||
| Tariff Allowance | ($3.71065) | ($3.71065) | ($5.44951) | ($3.91167) | ($4.26749) | ($4.26347) | |||||||||||||
| Quality Bank Adjustment | $0.62946 | $0.72351 | $4.54910 | ($0.02617) | ($0.80333) | ($0.60194) | |||||||||||||
| Line Loss | ($0.05016) | ($0.05025) | ($0.05213) | ($0.04939) | ($0.04837) | ($0.04856) | |||||||||||||
| Net Adjusted RIK Sale Price | $55.68778 | $55.78174 | $57.86659 | $54.83190 | $53.69994 | $53.90516 | |||||||||||||
| Alyeska Gross Volume | 12,986,317 | 1,268,746 | 1,903,253 | 5,408,017 | 1,276,923 | 608,660 | |||||||||||||
| Gross Volume Adjustment | |||||||||||||||||||
| Adjusted Gross Volume | 12,986,317 | 1,268,746 | 1,903,253 | 5,408,017 | 1,276,923 | 608,660 | |||||||||||||
| State RIK Percentage | 7.113750% | 7.566670% | 0.000000%[9] | 5.625000% | 13.041033%[10] | 13.748792% | |||||||||||||
| RIK Volume | 923,814.13 | 96,001.82 | - | 304,200.96 | 166,523.95 | 83,683.40 | |||||||||||||
| RIK Linefill/Loss Adjustment | 0.00 | 0.00 | 48.04 [11] | 0.05 | 174.60 [12] | ||||||||||||||
| Adjusted RIK Volume | 923,814.13 | 96,001.82 | - | 304,249.00 | 166,524.00 | 83,858.00 | |||||||||||||
| RIK Due | $51,445,158.03 | $5,355,148.56 | $0.00 | $16,682,550.74 | $8,942,328.81 | $4,520,378.91 | |||||||||||||
| Prior RIK Payment | $51,920,811.45 | $5,244,266.46 | $0.00 | $16,375,411.38 | $8,709,987.86 | $4,439,502.90 | |||||||||||||
| Net RIK Due | ($475,653.42) | $110,882.10 | $0.00 | $307,139.36 | $232,340.95 | $80,876.01 | |||||||||||||
| Production Month | September-05 | September-05 | September-05 | September-05 | September-05 | September-05 | |||||||||||||
| ANS Spot Price | $63.46698 | $63.46698 | $63.46698 | $63.46698 | $63.46698 | $63.46698 | |||||||||||||
| Marine Transportation | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | |||||||||||||
| Tariff Allowance | ($3.71065) | ($3.71065) | ($5.44951) | ($3.91167) | ($4.26749) | ($4.26347) | |||||||||||||
| Quality Bank Adjustment | $1.35554 | $0.55397 | $5.28769 | ($0.07483) | ($0.98931) | ($0.95967) | |||||||||||||
| Line Loss | ($0.05361) | ($0.05288) | ($0.05558) | ($0.05214) | ($0.05099) | ($0.05102) | |||||||||||||
| Net Adjusted RIK Sale Price | $59.50826 | $58.70742 | $61.69958 | $57.87834 | $56.60919 | $56.64282 | |||||||||||||
| Alyeska Gross Volume | 11,239,204 | 1,203,773 | 1,465,284 | 5,236,872 | 1,369,581 | 588,797 | |||||||||||||
| Gross Volume Adjustment | |||||||||||||||||||
| Adjusted Gross Volume | 11,239,204 | 1,203,773 | 1,465,284 | 5,236,872 | 1,369,581 | 588,797 | |||||||||||||
| State RIK Percentage | 8.342500% | 8.880100% | 0.000000%[13] | 10.625000% | 13.042654%[14] | 13.331209% | |||||||||||||
| RIK Volume | 937,630.59 | 106,896.25 | - | 556,417.65 | 178,629.71 | 78,493.76 | |||||||||||||
| RIK Linefill/Loss Adjustment | 0.00 | 0.00 | (90.65)[15] | 0.29 | 1,919.24 [16] | ||||||||||||||
| Adjusted RIK Volume | 937,630.59 | 106,896.25 | - | 556,327.00 | 178,630.00 | 80,413.00 | |||||||||||||
| RIK Due | $55,796,764.93 | $6,275,603.05 | $0.00 | $32,199,283.26 | $10,112,099.61 | $4,554,819.08 | |||||||||||||
| Prior RIK Payment | $56,090,562.10 | $6,132,462.55 | $0.00 | $31,126,267.56 | $9,727,073.36 | $4,486,299.17 | |||||||||||||
| Net RIK Due | ($293,797.17) | $143,140.50 | $0.00 | $1,073,015.70 | $385,026.25 | $68,519.91 | |||||||||||||
| Production Month | August-05 | August-05 | August-05 | August-05 | August-05 | August-05 | |||||||||||||
| ANS Spot Price | $62.39993 | $62.39993 | $62.39993 | $62.39993 | $62.39993 | $62.39993 | |||||||||||||
| Marine Transportation | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | |||||||||||||
| Tariff Allowance | ($3.71065) | ($3.71065) | ($5.44951) | ($3.91167) | ($4.26749) | ($4.26347) | |||||||||||||
| Quality Bank Adjustment | $0.78683 | $1.19549 | $3.89425 | ($0.10640) | ($0.03128) | ($0.22659) | |||||||||||||
| Line Loss | ($0.05213) | ($0.05250) | ($0.05337) | ($0.05115) | ($0.05090) | ($0.05072) | |||||||||||||
| Net Adjusted RIK Sale Price | $57.87398 | $58.28227 | $59.24130 | $56.78071 | $56.50026 | $56.30915 | |||||||||||||
| Alyeska Gross Volume | 12,080,220 | 1,290,084 | 1,784,225 | 5,480,625 | 1,203,581 | 623,737 | |||||||||||||
| Gross Volume Adjustment | |||||||||||||||||||
| Adjusted Gross Volume | 12,080,220 | 1,290,084 | 1,784,225 | 5,480,625 | 1,203,581 | 623,737 | |||||||||||||
| State RIK Percentage | 9.737500% | 10.362610% | 0.000000%[17] | 10.625000% | 13.042731%[18] | 14.133916% | |||||||||||||
| RIK Volume | 1,176,311.42 | 133,686.37 | - | 582,316.41 | 156,979.83 | 88,158.46 | |||||||||||||
| RIK Linefill/Loss Adjustment | 0.00 | 0.00 | 162.59 [19] | 0.17 | 65.54 [20] | ||||||||||||||
| Adjusted RIK Volume | 1,176,311.42 | 133,686.37 | - | 582,479.00 | 156,980.00 | 88,224.00 | |||||||||||||
| RIK Due | $68,077,823.59 | $7,791,545.11 | $0.00 | $33,073,571.18 | $8,869,410.81 | $4,967,818.45 | |||||||||||||
| Prior RIK Payment | $68,136,862.67 | $7,542,970.01 | $0.00 | $32,055,759.03 | $8,489,214.67 | $4,859,098.25 | |||||||||||||
| Net RIK Due | ($59,039.08) | $248,575.10 | $0.00 | $1,017,812.15 | $380,196.14 | $108,720.20 | |||||||||||||
| Production Month | July-05 | July-05 | July-05 | July-05 | July-05 | July-05 | |||||||||||||
| ANS Spot Price | $56.67117 | $56.67117 | $56.67117 | $56.67117 | $56.67117 | $56.67117 | |||||||||||||
| Marine Transportation | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | ($1.55000) | |||||||||||||
| Tariff Allowance | ($3.71065) | ($3.71065) | ($5.44951) | ($3.91167) | ($4.26749) | ($4.26347) | |||||||||||||
| Quality Bank Adjustment | $0.50550 | $1.12451 | $3.51486 | ($0.29739) | ($0.05889) | ($0.08940) | |||||||||||||
| Line Loss | ($0.04672) | ($0.04728) | ($0.04787) | ($0.04582) | ($0.04572) | ($0.04569) | |||||||||||||
| Net Adjusted RIK Sale Price | $51.86930 | $52.48775 | $53.13865 | $50.86629 | $50.74907 | $50.72261 | |||||||||||||
| Alyeska Gross Volume | 11,835,421 | 1,272,519 | 1,886,470 | 5,414,066 | 1,031,539 | 647,814 | |||||||||||||
| Gross Volume Adjustment | |||||||||||||||||||
| Adjusted Gross Volume | 11,835,421 | 1,272,519 | 1,886,470 | 5,414,066 | 1,031,539 | 647,814 | |||||||||||||
| State RIK Percentage | 12.030000% | 12.757960% | 0.000000%[21] | 10.625000% | 13.045000%[22] | 13.705918% | |||||||||||||
| RIK Volume | 1,423,801.15 | 162,347.47 | - | 575,244.51 | 134,564.26 | 88,788.86 | |||||||||||||
| RIK Linefill/Loss Adjustment | 0.00 | 0.00 | 7.12 [23] | 0.00 | 39.14 [24] | ||||||||||||||
| Adjusted RIK Volume | 1,423,801.15 | 162,347.47 | - | 575,251.63 | 134,564.26 | 88,828.00 | |||||||||||||
| RIK Due | $73,851,568.99 | $8,521,253.42 | $0.00 | $29,260,916.23 | $6,829,011.05 | $4,505,588.00 | |||||||||||||
| Prior RIK Payment | $73,974,685.08 | $8,285,052.46 | $0.00 | $28,481,663.12 | $6,539,635.99 | $4,399,266.21 | |||||||||||||
| Net RIK Due | ($123,116.09) | $236,200.96 | $0.00 | $779,253.11 | $289,375.06 | $106,321.79 | |||||||||||||