EX-99.1 2 yuma-ex991_9.htm EX-99.1 yuma-ex991_9.htm

Exhibit 99.1

 

 

Monthly Operating Report

CASH BASIS

 

CASE NAME:

In re: Yuma Energy, Inc

 

 

CASE NUMBER:

Case No. 20-41455-11

 

 

JUDGE:

MarkX Mullin

 

UNITED STATES BANKRUPTCY COURT

NORTHERN & EASTERN DISTRICTS OF TEXAS

REGION6

MONTHLY OPERATING REPORT

 

MONTH ENDING:

June

 

2020

 

 

 

MONTH

 

YEAR

 

IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING REPORT (CASH BASIS-I THROUGH CASH BASIS-6) AND THE ACCOMPANYING ATTACHMENTS AND,

TO THE BEST OF M \ ' KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT, AND COMPLETE. DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY) IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.

 

 

RESPONS I

 

 

 

 

 

Chief RestructurinB_ Officer

ORIGINAL SIGNATURE OF RESPONSIBLE PARTY

 

TITLE

 

 

 

Anthon}'. C. Schnur

 

7/31/2020

PRINTED NAME OF RESPONSIBLE PARTY

 

DATE

 

 

 

PREPARER:

 

 

 

 

 

/s/ Kimberly Thomen

 

Controller

ORIGINAL SIGNATURE OF PREPARER

 

TITLE

 

 

 

Kimberly Thomen

 

7/31/2020

PRINTED NAME OF PREPARER

 

DATE

 

 

 

 

 

Monthly Operating Report

CASH BASIS-1

 

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

CASH RECEIPTS AND

Apr-20

 

May-20

 

Jun-20

 

MONTH

 

DISBURSEMENTS

 

 

 

 

 

 

 

 

 

 

 

 

1. CASH - BEGINNING OF MONTH

$

-

 

$

-

 

$

-

 

$

-

 

RECEIPTS

 

 

 

 

 

 

 

 

 

 

 

 

2. CASH SALES

 

 

 

 

 

 

 

 

 

 

 

 

3. ACCOUNTS RECEIVABLE COLLECTIONS

 

 

 

 

 

 

 

 

 

 

 

 

4. LOANS AND ADVANCES

 

 

 

 

 

 

 

 

 

 

 

 

5. SALE OF ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

6. LEASE & RENTAL INCOME

 

 

 

 

 

 

 

 

 

 

 

 

7. WAGES

 

 

 

 

 

 

 

 

 

 

 

 

8. OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

9. TOTAL RECEIPTS

$

-

 

$

-

 

$

-

 

$

-

 

DISBURSEMENTS

 

 

 

 

 

 

 

 

 

 

 

 

10. NET PAYROLL

 

 

 

 

 

 

 

 

 

 

 

 

11. PAYROLL TAXES PAID

 

 

 

 

 

 

 

 

 

 

 

 

12. SALES,USE & OTHER TAXES PAID

 

 

 

 

 

 

 

 

 

 

 

 

13. INVENTORY PURCHASES

 

 

 

 

 

 

 

 

 

 

 

 

14. MORTAGE PAYMENTS

 

 

 

 

 

 

 

 

 

 

 

 

15. OTHER SECURED NOTE PAYMENTS

 

 

 

 

 

 

 

 

 

 

 

 

16. RENTAL & LEASE PAYMENTS

 

 

 

 

 

 

 

 

 

 

 

 

17. UTILITIES

 

 

 

 

 

 

 

 

 

 

 

 

18. INSURANCE

 

 

 

 

 

 

 

 

 

 

 

 

19. VEHICLE EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

20. TRAVEL

 

 

 

 

 

 

 

 

 

 

 

 

21. ENTERTAINMENT

 

 

 

 

 

 

 

 

 

 

 

 

22. REPAIRS & MAINTENANCE

 

 

 

 

 

 

 

 

 

 

 

 

23. SUPPLIES

 

 

 

 

 

 

 

 

 

 

 

 

24. ADVERTISING

 

 

 

 

 

 

 

 

 

 

 

 

25. HOUSEHOLD EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

26. CHARITABLE CONTRIBUTIONS

 

 

 

 

 

 

 

 

 

 

 

 

27. GIFTS

 

 

 

 

 

 

 

 

 

 

 

 

28. OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

29. TOTAL ORDINARY DISBURSEMENTS

$

-

 

$

-

 

$

-

 

$

-

 

REORGANIZATION EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

30. PROFESSIONAL FEES

 

 

 

 

 

 

 

 

 

 

 

 

31. U.S. TRUSTEE FEES

 

 

 

 

 

 

 

 

 

 

 

 

32. OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

33. TOTAL REORGANIZATION EXPENSES

$

-

 

$

-

 

$

-

 

$

-

 

34. TOTAL DISBURSEMENTS

$

-

 

$

-

 

$

-

 

$

-

 

35. NET CASH FLOW

$

-

 

$

-

 

$

-

 

$

-

 

36. CASH - END OF MONTH

$

-

 

$

-

 

$

-

 

$

-

 

 

 

 

Monthly Operating Report

CASH BASIS-1A

 

2020

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

CASH DISBURSEMENTS DETAIL

MONTH:

June

 

 

 

CASH DISBURSEMENTS

DATE

PAYEE

PURPOSE

AMOUNT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL CASH DISBURSEMENTS

$

-

 

BANK ACCOUNT DISBURSEMENTS

CK#

DATE

PAYEE

PURPOSE

AMOUNT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL BANK ACCOUNT DISBURSEMENTS

$

-

 

 

 

 

 

 

 

 

TOTAL DISBURSEMENTS FOR THE MONTH

$

-

 

 

 

 

 

Monthly Operating Report

CASH BASIS-2

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

BANK RECONCILIATIONS

 

 

 

 

 

 

 

 

 

 

 

 

 

Acct #1

 

Acct #2

 

Acct #3

 

 

 

 

A. BANK:

 

 

 

 

 

 

 

 

 

 

 

 

B. ACCOUNT NUMBER:

 

 

 

 

 

 

 

 

 

TOTAL

 

C. PURPOSE (TYPE):

DIP Acct

 

 

 

 

 

 

 

 

 

 

1. BALANCE PER BANK STATEMENT

 

 

 

 

 

 

 

 

 

$

-

 

2. ADD: TOTAL DEPOSITS NOT CREDITED

 

 

 

 

 

 

 

 

 

$

-

 

3. SUBTRACT: OUTSTANDING CHECKS

 

 

 

 

 

 

 

 

 

$

-

 

4. OTHER RECONCILING ITEMS

 

 

 

 

 

 

 

 

 

$

-

 

5. MONTH END BALANCE PER BOOKS

$

-

 

$

-

 

$

-

 

$

-

 

6. NUMBER OF LAST CHECK WRITTEN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INVESTMENT ACCOUNTS

 

 

 

 

 

 

 

 

 

 

 

 

 

DATE OF

 

TYPE OF

 

PURCHASE

 

CURRENT

 

 

PURCHASE

 

INSTRUMENT

 

PRICE

 

VALUE

 

BANK, ACCOUNT NAME & NUMBER

 

 

 

 

 

 

 

 

 

 

 

 

7.

 

 

 

 

 

 

 

 

 

 

 

 

8.

 

 

 

 

 

 

 

 

 

 

 

 

9.

 

 

 

 

 

 

 

 

 

 

 

 

10.

 

 

 

 

 

 

 

 

 

 

 

 

11. TOTAL INVESTMENTS

 

 

 

 

 

 

$

-

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH

 

 

 

 

 

 

 

 

 

 

 

 

12. CURRENCY ON HAND

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13. TOTAL CASH - END OF MONTH

 

$

-

 

 

 

 

 

 

 

Monthly Operating Report

CASH BASIS-3

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

ASSETS OF THE ESTATE

 

 

SCHEDULE "A"

SCHEDULE

 

Apr-20

 

May-20

 

Jun-20

 

REAL PROPERTY

AMOUNT

 

 

 

 

 

 

 

 

 

 

1. Trade Recievables

$

-

 

$

1,600.00

 

$

1,600.00

 

$

1,600.00

 

2. Total Other Assets

$

-

 

$

574,491.00

 

$

574,491.00

 

$

574,491.00

 

3.

$

-

 

 

 

 

 

 

 

 

 

 

4. OTHER (ATTACH LIST)

$

-

 

 

 

 

 

 

 

 

 

 

5. TOTAL REAL PROPERTY ASSETS

$

-

 

$

576,091.00

 

$

576,091.00

 

$

576,091.00

 

SCHEDULE "B"

 

 

 

 

 

 

 

 

 

 

 

 

PERSONAL PROPERTY

 

 

 

 

 

 

 

 

 

 

 

 

1. CASH ON HAND

 

 

 

 

 

 

 

 

 

 

 

 

2. CHECKING, SAVINGS, ETC.

 

 

 

 

 

 

 

 

 

 

 

 

3. SECURITY DEPOSITS

 

 

 

 

 

 

 

 

 

 

 

 

4. HOUSEHOLD GOODS

 

 

 

 

 

 

 

 

 

 

 

 

5. BOOKS, PICTURES, ART

 

 

 

 

 

 

 

 

 

 

 

 

6. WEARING APPAREL

 

 

 

 

 

 

 

 

 

 

 

 

7. FURS AND JEWELRY

 

 

 

 

 

 

 

 

 

 

 

 

8. FIREARMS & SPORTS EQUIPMENT

 

 

 

 

 

 

 

 

 

 

 

 

9. INSURANCE POLICIES

 

 

 

 

 

 

 

 

 

 

 

 

10. ANNUITIES

 

 

 

 

 

 

 

 

 

 

 

 

11. EDUCATION

 

 

 

 

 

 

 

 

 

 

 

 

12. RETIREMENT & PROFIT SHARING

 

 

 

 

 

 

 

 

 

 

 

 

13. STOCKS

 

 

 

 

 

 

 

 

 

 

 

 

14. PARTNERSHIPS & JOINT VENTURES

 

 

 

 

 

 

 

 

 

 

 

 

15. GOVERNMENT & CORPORATE BONDS

 

 

 

 

 

 

 

 

 

 

 

 

16. ACCOUNTS RECEIVABLE

 

 

 

 

 

 

 

 

 

 

 

 

17. ALIMONY

 

 

 

 

 

 

 

 

 

 

 

 

18. OTHER LIQUIDATED DEBTS

 

 

 

 

 

 

 

 

 

 

 

 

19. EQUITABLE INTERESTS

 

 

 

 

 

 

 

 

 

 

 

 

20 CONTINGENT INTERESTS

 

 

 

 

 

 

 

 

 

 

 

 

21. OTHER CLAIMS

 

 

 

 

 

 

 

 

 

 

 

 

22. PATENTS & COPYRIGHTS

 

 

 

 

 

 

 

 

 

 

 

 

23. LICENSES & FRANCHISES

 

 

 

 

 

 

 

 

 

 

 

 

24. CUSTOMER LISTS

 

 

 

 

 

 

 

 

 

 

 

 

25. AUTOS, TRUCKS & OTHER VEHICLES

 

 

 

 

 

 

 

 

 

 

 

 

26. BOATS & MOTORS

 

 

 

 

 

 

 

 

 

 

 

 

27. AIRCRAFT

 

 

 

 

 

 

 

 

 

 

 

 

28. OFFICE EQUIPMENT

 

 

 

 

 

 

 

 

 

 

 

 

29. MACHINERY, FIXTURES & EQUIPMENT

 

 

 

 

 

 

 

 

 

 

 

 

30. INVENTORY

 

 

 

 

 

 

 

 

 

 

 

 

31. ANIMALS

 

 

 

 

 

 

 

 

 

 

 

 

32. CROPS

 

 

 

 

 

 

 

 

 

 

 

 

33. FARMING EQUIPMENT

 

 

 

 

 

 

 

 

 

 

 

 

34. FARM SUPPLIES

 

 

 

 

 

 

 

 

 

 

 

 

35. OTHER (ATTACH LIST)

$

576,092.00

 

 

 

 

 

 

 

 

 

 

36. TOTAL PERSONAL PROPERTY ASSETS

$

576,092.00

 

$

-

 

$

-

 

$

-

 

37. TOTAL ASSETS

$

576,092.00

 

$

576,091.00

 

$

576,091.00

 

$

576,091.00

 

 

 

 

 

Monthly Operating Report

CASH BASIS-4

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

 

 

 

 

MONTH:

 

June

 

LIABILITIES OF THE ESTATE

 

 

 

 

 

 

 

PREPETITION

SCHEDULE

 

 

 

 

 

 

 

 

LIABILITIES

AMOUNT

 

PAYMENTS

 

 

 

 

 

1. SECURED

$

-

 

$

-

 

 

 

 

 

2. PRIORITY

$

48,000.00

 

$

-

 

 

 

 

 

3. UNSECURED

$

784,038.51

 

$

-

 

 

 

 

 

4. OTHER (ATTACH LIST)

$

-

 

$

-

 

 

 

 

 

5. TOTAL PREPETITION LIABILITIES

$

832,038.51

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

POSTPETITION

DATE

 

AMOUNT

 

DUE

AMOUNT

 

LIABILITIES

INCURRED

 

OWED

 

DATE

PAST DUE

 

1. FEDERAL INCOME TAXES

 

 

 

 

 

 

 

 

 

 

2. FICA/MEDICARE

 

 

 

 

 

 

 

 

 

 

3. STATE TAXES

 

 

 

 

 

 

 

 

 

 

4. REAL ESTATE TAXES

 

 

 

 

 

 

 

 

 

 

5. OTHER TAXES (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

6. TOTAL TAXES

 

 

 

$

-

 

 

$

-

 

OTHER POSTPETITION LIABILITIES INCLUDING TRADE CREDITORS (LIST NAMES OF CREDITORS)

 

7. YE Investments

04/30/20

 

$

6,458.33

 

05/31/20

$

6,458.33

 

8. YE Investments

05/31/20

 

$

13,347.22

 

06/30/20

$

-

 

9.

 

 

 

 

 

 

 

 

 

 

10.

 

 

 

 

 

 

 

 

 

 

11.

 

 

 

 

 

 

 

 

 

 

12.

 

 

 

 

 

 

 

 

 

 

13.

 

 

 

 

 

 

 

 

 

 

14.

 

 

 

 

 

 

 

 

 

 

15.

 

 

 

 

 

 

 

 

 

 

16.

 

 

 

 

 

 

 

 

 

 

17.

 

 

 

 

 

 

 

 

 

 

18.

 

 

 

 

 

 

 

 

 

 

19.

 

 

 

 

 

 

 

 

 

 

20.

 

 

 

 

 

 

 

 

 

 

21.

 

 

 

 

 

 

 

 

 

 

22.

 

 

 

 

 

 

 

 

 

 

23.

 

 

 

 

 

 

 

 

 

 

24.

 

 

 

 

 

 

 

 

 

 

25.

 

 

 

 

 

 

 

 

 

 

26.

 

 

 

 

 

 

 

 

 

 

27.

 

 

 

 

 

 

 

 

 

 

28.

 

 

 

 

 

 

 

 

 

 

29. (IF ADDITIONAL ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

30. TOTAL OF LINES 7 - 29

 

 

 

$

19,805.56

 

 

$

6,458.33

 

31. TOTAL POSTPETITION LIABILITIES

 

 

 

$

19,805.56

 

 

$

6,458.33

 

 

 

 

 

Monthly Operating Report

CASH BASIS-4A

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

 

 

 

 

 

MONTH:

 

June

 

ACCOUNTS RECEIVABLE AGING

 

 

 

 

 

 

 

 

 

SCHEDULE

 

Apr-20

 

May-20

 

Jun-20

 

 

AMOUNT

 

 

 

 

 

 

 

 

 

 

1. 0 - 30

 

 

 

 

 

 

 

 

 

 

 

 

2. 31 - 60

 

 

 

 

 

 

 

 

 

 

 

 

3. 61 - 90

$

1,600.00

 

$

1,600.00

 

 

 

 

 

 

 

4. 91 +

$

1.00

 

 

 

 

$

1,600.00

 

$

1,600.00

 

5. TOTAL ACCOUNTS RECEIVABLE

$

1,601.00

 

$

1,600.00

 

$

1,600.00

 

$

1,600.00

 

6. AMOUNT CONSIDERED UNCOLLECTIBLE

 

 

 

 

 

 

 

 

 

 

 

 

7. ACCOUNTS RECEIVABLE (NET)

$

1,601.00

 

$

1,600.00

 

$

1,600.00

 

$

1,600.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AGING OF POSTPETITION TAXES

 

 

AND PAYABLES

0 - 30

 

31-60

 

90+

 

Total

 

TAXES PAYABLE

DAYS

 

DAYS

 

DAYS

 

 

 

 

1. FEDERAL

 

 

 

 

 

 

 

 

 

$

-

 

2. STATE

 

 

 

 

 

 

 

 

 

$

-

 

3. LOCAL

 

 

 

 

 

 

 

 

 

$

-

 

4. OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

$

-

 

5. TOTAL TAXES PAYABLE

$

-

 

$

-

 

$

-

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6. ACCOUNTS PAYABLE

$

13,347.22

 

$

-

 

$

6,458.33

 

$

19,805.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STATUS OF POSTPETITION TAXES

 

 

 

BEGINNING

TAX

 

AMOUNT

WITHHELD

 

AMOUNT

 

ENDING

TAX

 

FEDERAL

LIABILITY

 

OR ACCRUED

 

PAID

 

LIABILITY

 

1. WITHHOLDING

 

 

 

 

 

 

 

 

 

$

-

 

2. FICA-EMPLOYEE

 

 

 

 

 

 

 

 

 

$

-

 

3. FICA-EMPLOYER

 

 

 

 

 

 

 

 

 

$

-

 

4. UNEMPLOYMENT

 

 

 

 

 

 

 

 

 

$

-

 

5. INCOME

 

 

 

 

 

 

 

 

 

$

-

 

6. OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

$

-

 

7. TOTAL FEDERAL TAXES

$

-

 

$

-

 

$

-

 

$

-

 

STATE AND LOCAL

 

 

 

 

 

 

 

 

 

$

-

 

8. WITHHOLDING

 

 

 

 

 

 

 

 

 

$

-

 

9. SALES

 

 

 

 

 

 

 

 

 

$

-

 

10. EXCISE

 

 

 

 

 

 

 

 

 

$

-

 

11. UNEMPLOYMENT

 

 

 

 

 

 

 

 

 

$

-

 

12. REAL PROPERTY

 

 

 

 

 

 

 

 

 

$

-

 

13. PERSONAL PROPERTY

 

 

 

 

 

 

 

 

 

$

-

 

14. OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

$

-

 

15. TOTAL STATE & LOCAL

$

-

 

$

-

 

$

-

 

$

-

 

16. TOTAL TAXES

$

-

 

$

-

 

$

-

 

$

-

 

 

 

 

 

 

Monthly Operating Report

CASH BASIS-5

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

MONTH:

June

 

PAYMENTS TO INSIDERS AND PROFESSIONALS

 

INSIDERS

NAME

TYPE OF PAYMENT

AMOUNT PAID

TTL PD TO DATE

1.

 

 

 

2.

 

 

 

3.

 

 

 

4.

 

 

 

5.

 

 

 

TOTAL PAYMENTS TO INSIDERS

$

-

$

-

 

 

PROFESSIONALS

NAME

DATE OF COURT ORDER

AUTHORIZING PAYMENT

AMOUNT

APPROVED

AMOUNT

PAID

TTL PAID

TO DATE

TOTAL INCURRED

& UNPAID

1.

 

 

 

 

 

2.

 

 

 

 

 

3.

 

 

 

 

 

4.

 

 

 

 

 

5.

 

 

 

 

 

TOTAL PAYMENTS TO PROFESSIONALS

$

-

$

-

$

-

$

-

 

POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE PROTECTION PAYMENTS

 

NAME OF CREDITOR

SCHEDULED

MONTHLY

PAYMENTS

DUE

AMOUNTS

PAID

DURING

MONTH

TOTAL

UNPAID

POST-

PETITION

1.

 

 

 

2.

 

 

 

3.

 

 

 

4.

 

 

 

5.

 

 

 

6. TOTAL

$

-

$

-

$

-

 

 

 

 

 

Monthly Operating Report

CASH BASIS-6

 

2020

 

CASE NAME:

In re: Yuma Energy, Inc

CASE NUMBER:

Case No. 20-41455-11

 

 

MONTH:

June

 

QUESTIONNAIRE

 

 

YES

NO

1. HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE THE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD?

 

X

2. HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR IN POSSESSION ACCOUNT?

 

X

3. ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES OR LOANS) DUE FROM RELATED PARTIES?

 

X

4. HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES THIS REPORTING PERIOD?

 

X

5. HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE DEBTOR FROM ANY PARTY?

 

X

6. ARE ANY POSTPETITION PAYROLL TAXES PAST DUE?

 

X

7. ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES PAST DUE?

 

X

8. ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE?

 

X

9. ARE ANY OTHER POSTPETITION TAXES PAST DUE?

 

X

10. ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS DELINQUENT?

 

X

11. HAVE ANY PREPETITION TAXES BEEN PAID DURING THE REPORTING PERIOD?

 

X

12. ARE ANY WAGE PAYMENTS PAST DUE?

 

X

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "YES"; PROVIDE A DETAILED EXPLANATION OF EACH ITEM. ATTACH ADDITIONAL SHEETS IF NECESSARY.

 

 

INSURANCE

 

 

YES

NO

1. ARE WORKER'S COMPENSATION, GENERAL LIABILITY AND OTHER NECESSARY INSURANCE COVERAGES IN EFFECT?

 

X

2. ARE ALL PREMIUM PAYMENTS PAID CURRENT?

 

X

3. PLEASE ITEMIZE POLICIES BELOW

 

 

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "NO" OR IF ANY POLICIES HAVE BEEN CANCELED OR NOT RENEWED DURING THIS REPORTING PERIOD, PROVIDE AN EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY.

 

 

INSTALLMENT PAYMENTS

 

TYPE OF

POLICY

CARRIER

PERIOD

COVERED

PAYMENT AMOUNT

& FREQUENCY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Installment Payments

Type of Policy

Insurance Company and General Agent

Effective Date of

Policy

Policy Term

Payment

Amount

Payment

Frequency

Hired N/O Auto

Berkley Regional Insurance Co

10/15/19

12 Months

 

Workmen's Comp

Berkley Regional Insurance Co

10/15/19

12 Months

 

 

Pollution

Great American Ins Co Of New York

10/15/19

12 Months

 

 

Protection & Indemnity

Great American Ins Co Of New York

10/15/19

12 Months

 

 

Maritime

Lloyd's London ‐ Certain Underwrite

10/15/19

12 Months

 

 

Property

Allianz Global Corporate & Specialty

10/15/19

12 Months

 

 

General Liability

Markel International Ins Co Limited

10/15/19

12 Months

 

 

Excess Liability

Markel International Ins Co Limited

10/15/19

12 Months

 

 

Control of Well

Markel International Ins Co Limited

10/15/19

12 Months

 

 

Package

Lloyd's London ‐ Certain Underwrite

10/15/19

12 Months

 

 

Fiduciary

Axis Insurance Co

10/15/19

12 Months

 

 

Crime

Axis Insurance Co

10/15/19

12 Months

 

 

Emp Pac Liability

Axis Insurance Co

10/15/19

12 Months

 

 

Total Under IPFS

 

D&O

Federal Insurance Company & Chubb Specialty Insurance

12/15/19

12 Months

$

60,814

Monthly

 

D&O

 

Ace American Insurance Company & Chubb Specialty Insurance

12/15/19

12 Months

 

 

Total Under AFCO

 

 

 

$

20,759

Monthly

 

 

 

 

 

Balance Sheet ‐ Yuma Energy, Inc.

As of 6/30/2020

 

Assets

 

Liabilities and Equity

Cash and cash equivalents

 

$

‐

 

Current maturities‐bank debt

 

$

-

Trade receivables

 

 

1,600

 

Notes payable‐ short term

 

 

-

Joint venture partner rec

 

 

‐

 

Current maturities‐other

 

 

1,735,252

Oil and gas revenue

 

 

‐

 

Current maturities debt

 

$

1,735,252

Allowance ‐ trade A/R

 

 

‐

 

 

 

 

 

Officers and employees

 

 

‐

 

Accounts payable ‐ trade

 

$

-

Other

 

 

‐

 

Accounts payable ‐ officer

 

 

1,070,554

Allowance ‐ other A/R

 

 

‐

 

JV Partner Advances

 

 

-

Prepaids

 

 

‐

 

Oil & gas distribution payable

 

 

-

Deferred charges and other

 

 

‐

 

Intercompany advances, net

 

 

(1,030,510)

Total Current Assets

 

$

1,600

 

Accounts payable

 

$

40,044

 

 

 

 

 

 

 

 

 

Property and Equipment

 

 

 

 

Other deferred credits

 

$

-

Not subject to amortization

 

$

-

 

Short term lease liability

 

 

-

Subject to amortization

 

 

-

 

Asset retirement obligations

 

 

-

Depletion

 

 

-

 

Accrued expenses and other

 

 

85,099

Net Oil and Gas Properties

 

$

-

 

Total Current Liabilities

 

$

1,860,395

 

 

 

 

 

 

 

 

 

Construction in progress

 

$

-

 

Bank debt

 

$

850,000

Other property and equipment

 

 

-

 

Total Long‐Term Debt

 

$

850,000

Aksum DD&A other prop

 

 

-

 

 

 

 

 

Net Other Property

 

$

-

 

Other Long‐Term Liabilities

 

 

 

 

 

 

 

 

Asset retirement obligation

 

$

-

Other Assets

 

 

 

 

Long term lease liability

 

 

-

Receivables from affiliate

 

$

-

 

Deferred rent credit

 

 

-

Investment in subs & prtnshp

 

 

574,491

 

Restricted stock units

 

 

-

Deposits

 

 

-

 

Other

 

 

-

Operating right‐of‐use leases

 

 

-

 

Total Other Long‐Term Liabilities

 

$

-

Public offering costs

 

 

-

 

 

 

 

 

Other assets

 

 

-

 

Total Liabilities

 

$

2,710,395

Total Other Assets

 

$

574,491

 

 

 

 

 

 

 

 

 

 

Equity

 

 

 

Total Assets

 

$

576,091

 

Common stock

 

$

1,552

 

 

 

 

 

Preferred stock

 

 

2,188

 

 

 

 

 

Capital in excess of par

 

 

3,255,234

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions

 

$

-

 

 

 

 

 

Retained earnings

 

 

(4,911,007)

 

 

 

 

 

Current period income(loss)

 

 

(41,228)

 

 

 

 

 

Preferred stock accretion

 

 

-

 

 

 

 

 

Retained earnings

 

$

(4,952,235)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Treasury stock, at cost

 

$

(441,044)

 

 

 

 

 

Total Equity

 

$

(2,134,304)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Liabilities and Equity

 

$

576,091