EX-99.1 2 a19-23893_2ex99d1.htm EX-99.1

Exhibit 99.1

 

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF TEXAS

HOUSTON DIVISION

 

CASE NAME:  EP Energy Corporation, et al.[1]

 

PETITION DATE:  October 3, 2019

CASE NUMBER:  19-35654

 

 

MONTH:  October 2019

 

 

 

MONTHLY OPERATING REPORT SUMMARY FOR OCTOBER 2019

 

 

 

 

 

 

 

MONTH

Oct-19

Nov-19

Dec-19

Jan-20

Feb-20

REVENUES (MOR-6)

 $

69,124,692

 

 

 

 

INCOME BEFORE INT., DEPREC./TAX (MOR-6)

 $

(4,856,820)

 

 

 

 

NET INCOME (LOSS) (MOR-6)

 $

(37,067,737)

 

 

 

 

PAYMENTS TO INSIDERS (MOR-9)

 $

269,451

 

 

 

 

PAYMENTS TO PROFESSIONALS (MOR-9)

 $

-

 

 

 

 

TOTAL DISBURSEMENTS (MOR-8)

 $

(98,932,678)

 

 

 

 

 

 

 

 

 

 

 

 

*** The original of this document must be filed with the United States Bankruptcy Court and a copy must be sent to the United States Trustee ***

 

 

 

 

 

REQUIRED INSURANCE
MAINTAINED AS OF SIGNATURE DATE

 

 

Are all accounts receivable being collected within terms?
A/R related to agreements by and among Debtors and Tesoro Refining and Marketing Company, LLC is not being collected in accordance with ordinary terms.

Type of Insurance

Check Yes/No

 

Exp. Date

 

Are all post-petition liabilities, including taxes, being paid within terms?

WORKERS’ COMPENSATION

YES(x) NO( )

 

7/1/2020

 

Have any pre-petition liabilities been paid?

AUTOMOBILE

YES(x) NO( )

 

7/1/2020

 

If so, describe: Payments made in accordance with the First Day Orders.

GENERAL

YES(x) NO( )

 

7/1/2020

 

Are all funds received being deposited into DIP bank accounts?

POLLUTION

YES(x) NO( )

 

7/1/2020

 

Were any assets disposed of outside the normal course of business?

CONTROL OF WELL

YES(x) NO( )

 

7/1/2020

 

If so, describe:

 

 

COMMERCIAL CRIME

YES(x) NO( )

 

7/8/2020

 

Are all U. S. Trustee Quarterly Fee Payments current?

FIDUCIARY

YES(x) NO( )

 

7/8/2020

 

What is the status of your Plan of Reorganization?  Debtors filed Plan on November 18, 2019 (ECF No. 429).

EMPLOYEMENT PRACTICES

YES(x) NO( )

 

7/8/2020

 

D&O

YES(x) NO( )

 

7/8/2020

 

 

 

 

 

 

 

 

I certify under penalty of perjury that the following complete

 

ATTORNEY NAME:

 Alfredo Perez

 

 

Monthly Operating Report (MOR), consisting of MOR-1 through MOR-9, plus attachments, is true and correct.

 

FIRM:

ADDRESS:

 Weil, Gotshal & Manges LLP

 700 Louisiana Street

 

 

ADDRESS:

 Suite 1700

 

 

CITY, STATE ZIP:

 Houston, TX 77002-2755

 

 

 

 

TELEPHONE:

 (713) 546-5040

 

SIGNED:

/s/ Kyle McCuen

 

DATED:

12/2/19

 

 

 

 

 

(ORIGINAL SIGNATURE)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kyle McCuen

 

TITLE:

Chief Financial Officer

 

 

 

 

 

(Print Name of Signatory)

 

 

 

 

 

____________________________________________________________________________________________________________________________________

[1]  The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, as applicable, are:  EP Energy Corporation (2728), EPE Acquisition, LLC (5855), EP Energy LLC (1021), Everest Acquisition Finance Inc. (0996), EP Energy Global LLC (7534), EP Energy Management, L.L.C. (5013), EP Energy Resale Company, L.L.C. (9561), and EP Energy E&P Company, L.P. (7092).  The Debtors’ primary mailing address is 1001 Louisiana Street, Houston, TX 77002.

 

mor-1

 

 

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF TEXAS

HOUSTON DIVISION

 

CASE NAME: EP Energy Corporation, et al.[1]

PETITION DATE: October 3, 2019

CASE NUMBER: 19-35654

 

MONTH: October 2019

 

 

MONTHLY OPERATING REPORT NOTES FOR OCTOBER 2019

 

INTRODUCTION

 

This monthly operating report (“MOR”) is unaudited and does not purport to represent financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”), and it is not intended to fully reconcile to the consolidated financial statements prepared by the Debtors.  Information contained in this MOR has been derived from the Debtors’ books and records, but does not reflect in all circumstances presentation for GAAP or SEC reporting purposes.  Therefore, in order to comply with their obligations to provide MORs during these chapter 11 cases, the Debtors have prepared this MOR using the best information presently available to them, which has been collected, maintained, and prepared in accordance with their historical accounting practices.  Accordingly, this MOR is true and accurate to the best of the Debtors’ knowledge, information, and belief, based on currently-available data.  The results of operations and financial position contained herein are not necessarily indicative of results that may be expected for any period other than full calendar month-ending October 31, 2019, or for the full year, and may not necessarily reflect the Debtors’ future consolidated results of operations and financial position.

 

RESERVATION OF RIGHTS

 

This MOR is limited in scope, covers a limited time period, and has been prepared solely for the purpose of complying with the monthly reporting requirements of the Debtors’ chapter 11 cases.  The unaudited financial statements have been derived from the Debtors’ books and records.  The information presented herein has not been subject to all procedures that typically would be applied to financial information presented in accordance with GAAP.  Upon the application of such procedures, the Debtors believe that the financial information could be subject to material change.  The information furnished in this MOR includes normal recurring adjustments, but does not include all of the adjustments that typically would be made for interim financial statements presented in accordance with GAAP.

 

GLOBAL NOTES

 

Given the complexity of the Debtors’ business, inadvertent errors or omissions may have occurred.  Accordingly, the Debtors hereby reserve all of their rights to dispute the validity, status, enforceability, or executory nature of any claim amount, agreement, representation, or other statement set forth in this MOR.  Further, the Debtors reserve the right to amend or supplement this MOR, if necessary, but shall be under no obligation to do so.

 

NOTES TO MOR-5

 

The accounts payable and accounts receivable agings are presented on a consolidating basis for the Debtors, and does not include intercompany activity.

 

NOTES TO MOR-6

 

The income statement is presented on a consolidating basis for the Debtors.  The information provided in the income statements reflect activity for the full calendar month-ending October 31, 2019.

 

Other revenues include both realized and unrealized gain and/or loss on derivatives recorded for the full calendar month-ending October 31, 2019.

 

NOTES TO MOR-8

 

Although payment of prepetition claims is generally not permitted, the Bankruptcy Court has authorized the Debtors to pay certain prepetition claims in designated categories.  This relief generally was designed to preserve the value of the Debtors’ business and assets.  The Debtors have paid and continue to pay undisputed postpetition obligations in the ordinary course of business.

 

Intercompany receipts and disbursements between Debtors that are cleared by netting are not included in this MOR.  Based on centralized cash management practices, all disbursements are made by the following Debtors:  (i) EP Energy Corporation; (ii) EP Energy LLC; (iii) EP Energy E&P Company, LP; and (iv) EP Energy Management, LLC.

 

NOTES TO MOR-9

 

The list of insiders is consistent with public disclosures and other filings associated with the Debtors’ chapter 11 cases.  Payments to the Debtors’ professionals were $0 for the full calendar month-ending October 31, 2019, as no professional fee applications were submitted or processed as of the date of preparation of this MOR.  The listing of any party as an “insider” is neither intended to be nor should be construed as a legal characterization of such party as an “insider,” as such term is defined in section 101(31) of the Bankruptcy Code, and it does not act as an admission or waiver of any fact, right, claim, or defense, and all such rights, claims, and defenses are hereby expressly reserved.

 

 

 

[1]  The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, as applicable, are:  EP Energy Corporation (2728), EPE Acquisition, LLC (5855), EP Energy LLC (1021), Everest Acquisition Finance Inc. (0996), EP Energy Global LLC (7534), EP Energy Management, L.L.C. (5013), EP Energy Resale Company, L.L.C. (9561), and EP Energy E&P Company, L.P. (7092).  The Debtors’ primary mailing address is 1001 Louisiana Street, Houston, TX 77002.

 

Notes to MOR

 

 

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF TEXAS

HOUSTON DIVISION

 

CASE NAME:  EP Energy Corporation, et al.

 

PETITION DATE:  October 3, 2019

CASE NUMBER:  19-35654

 

 

MONTH:  October 2019

 

 

 

CONSOLIDATING BALANCE SHEET

Ending Balance at October 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EP ENERGY CORPORATION

 

 

 

 

EPECO

 

EPACQ

 

EPELC

 

025

 

625

 

654

 

EPPCH

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONSOLIDATED

 

 

All Elimination
Companies

 

EP Energy
Corporation

 

EPE
Acquisition LLC

 

EP
ENERGY L.L.C.

 

EP Energy
Management, L.L.C.

 

EP ENERGY
RESALE CO., L.L.C.

 

EP ENERGY
E&P COMPANY, L.P.

 

EP Energy
Global LLC

 

Everest Acquisition
Finance Inc

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & CASH EQUIVALENT

 

  $

191,004,166

 

 

-

 

644,228

 

-

 

184,866,483

 

211,582

 

-

 

5,281,873

 

-

 

No Financials

 

ACCOUNTS & NOTES RECEIVABLE

 

 

149,935,290

 

 

(3,348,906,599

)

-

 

-

 

1,705,871,084

 

(1,768,316,642

)

285,553,838

 

976,792,483

 

2,298,941,126

 

 

 

INVENTORY

 

 

44,084,206

 

 

-

 

-

 

-

 

-

 

-

 

-

 

44,084,206

 

-

 

 

 

PRICE RISK MANAGEMNT-CUR ASSET

 

 

41,867,890

 

 

-

 

-

 

-

 

41,867,890

 

-

 

-

 

-

 

-

 

 

 

RESTRICTED CASH-CURRENT

 

 

925,000

 

 

-

 

-

 

-

 

-

 

-

 

-

 

925,000

 

-

 

 

 

OTHER CURRENT ASSETS

 

 

37,197,763

 

 

-

 

-

 

-

 

100,000

 

14,873,814

 

-

 

22,223,949

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CURRENT ASSETS

 

  $

465,014,315

 

 

  $

(3,348,906,599

)

  $

644,228

 

  $

-

 

  $

1,932,705,458

 

  $

(1,753,231,246

)

  $

285,553,838

 

  $

1,049,307,511

 

  $

2,298,941,126

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PLANT, PROPERTY & EQUIPMENT

 

  $

7,423,730,152

 

 

-

 

-

 

-

 

-

 

0

 

-

 

7,423,730,152

 

-

 

 

 

ACCUMULATED DD&A

 

 

(3,952,465,722

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(3,952,465,722

)

-

 

 

 

INVEST IN CONSOLIDATED-AFFIL

 

 

-

 

 

(8,604,535,152

)

(599,215,534

)

(599,215,534

)

3,482,006,218

 

2,927,113,822

 

2,170,948,482

 

-

 

1,222,897,698

 

 

 

PRICE RISK MGMT-NON CUR ASSET

 

 

7,431,830

 

 

-

 

-

 

-

 

7,431,830

 

-

 

-

 

-

 

-

 

 

 

NOTES RECEIVABLE-NON CURRENT

 

 

10,137

 

 

-

 

-

 

-

 

-

 

10,137

 

-

 

-

 

-

 

 

 

OTHER NON CURRENT ASSETS

 

 

21,246,449

 

 

-

 

-

 

-

 

-

 

-

 

-

 

21,246,449

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NONCURRENT ASSETS

 

  $

3,499,952,847

 

 

  $

(8,604,535,152

)

  $

(599,215,534

)

  $

(599,215,534

)

  $

3,489,438,049

 

  $

2,927,123,959

 

  $

2,170,948,482

 

  $

3,492,510,879

 

  $

1,222,897,698

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ASSETS

 

  $

3,964,967,162

 

 

  $

(11,953,441,751

)

  $

(598,571,307

)

  $

(599,215,534

)

  $

5,422,143,507

 

  $

1,173,892,714

 

  $

2,456,502,320

 

  $

4,541,818,390

 

  $

3,521,838,823

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OWNER AND ROYALTIES PAYABLE

 

  $

(64,138,287

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(64,138,287

)

-

 

 

 

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

 

(108,513,934

)

 

-

 

-

 

-

 

-

 

126,278

 

-

 

(108,640,213

)

-

 

 

 

AFFILIATES

 

 

-

 

 

266,480,023

 

-

 

-

 

-

 

(2,781

)

8,234,146

 

(235,375,576

)

(39,335,813

)

 

 

OTHER CURRENT LIABILITIES

 

 

(110,653

)

 

-

 

-

 

-

 

-

 

(742,879

)

-

 

632,226

 

-

 

 

 

TOTAL ACCOUNTS PAYABLE

 

 

(172,762,874

)

 

266,480,023

 

-

 

-

 

-

 

(619,381

)

8,234,146

 

(407,521,850

)

(39,335,813

)

 

 

SHORT TERM FINANCING OBLIG

 

 

(4,882,836,916

)

 

3,082,426,576

 

-

 

-

 

(6,261,617,525

)

-

 

-

 

(1,703,645,966

)

-

 

 

 

ACCRUED TAX OTHER THAN INCOME

 

 

(33,312,747

)

 

-

 

-

 

-

 

-

 

124,225

 

-

 

(33,436,972

)

-

 

 

 

INCOME TAX LIABILITY FEDERAL

 

 

107,491

 

 

-

 

-

 

-

 

107,491

 

-

 

-

 

-

 

-

 

 

 

INCOME TAX LIABILITY STATE

 

 

6,528

 

 

-

 

-

 

-

 

6,528

 

-

 

-

 

-

 

-

 

 

 

TOTAL INCOME TAXES LIABILITY

 

 

114,019

 

 

-

 

-

 

-

 

114,019

 

-

 

-

 

-

 

-

 

 

 

ACCRUED INTEREST

 

 

(193,356,923

)

 

-

 

-

 

-

 

(193,356,923

)

-

 

-

 

-

 

-

 

 

 

RESERVES CURRENT

 

 

(37,106,783

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(37,106,783

)

-

 

 

 

ASSET RETIRE OBLIG-CURRENT

 

 

(2,900,000

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(2,900,000

)

-

 

 

 

OTHER CURRENT LIABILITIES

 

 

(19,500,735

)

 

-

 

-

 

-

 

(76,642

)

(274,370

)

-

 

(19,149,723

)

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

  $

(5,341,662,960

)

 

  $

3,348,906,599

 

  $

0

 

  $

-

 

  $

(6,454,937,072

)

  $

(769,527

)

  $

8,234,146

 

  $

(2,203,761,294

)

  $

(39,335,813

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DEFERRED INC TAX NON CUR LIAB FEDERAL

 

  $

1

 

 

-

 

2

 

-

 

(1

)

-

 

-

 

-

 

-

 

 

 

DEFERRED INC TAX NON CUR LIAB STATE

 

 

(1

)

 

-

 

(1

)

-

 

-

 

-

 

-

 

-

 

-

 

 

 

DEFERRED INC TAX NON CUR LIAB FOREIGN

 

 

-

 

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

 

 

TOTAL DEF INC TAX LIABILITY-NON CUR

 

 

0

 

 

-

 

1

 

-

 

(1

)

-

 

-

 

-

 

-

 

 

 

RESERVES NON CURRENT

 

 

(1,394,694

)

 

-

 

-

 

-

 

-

 

(620,464

)

-

 

(774,229

)

-

 

 

 

ASSET RETIRE OBLIG-NON CURR

 

 

(41,559,379

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(41,559,379

)

-

 

 

 

OTHER NON CURRENT LIABILITY

 

 

(19,023,250

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(18,546,982

)

(476,268

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NONCURRENT LIABILITIES

 

  $

(61,977,323

)

 

  $

-

 

  $

1

 

  $

-

 

  $

(1

)

  $

(620,464

)

  $

-

 

  $

(60,880,591

)

  $

(476,268

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

 

  $

(5,403,640,284

)

 

  $

3,348,906,599

 

  $

1

 

  $

-

 

  $

(6,454,937,073

)

  $

(1,389,991

)

  $

8,234,146

 

  $

(2,264,641,885

)

  $

(39,812,081

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMON STOCK

 

  $

(2,553,182

)

 

506,669

 

(2,553,182

)

-

 

-

 

(502,669

)

(2,000

)

-

 

(2,000

)

 

 

APIC

 

 

(3,543,450,081

)

 

24,756,134,675

 

(3,535,783,282

)

-

 

(7,666,798

)

(5,908,875,885

)

(4,008,364,434

)

(6,568,717,159

)

(8,270,177,197

)

 

 

PARTNERSHIP & LLC UNIT

 

 

(0

)

 

6,849,938,198

 

-

 

(3,451,296,502

)

(3,398,641,696

)

-

 

-

 

-

 

-

 

 

 

ACCUMULATED DEFICIT

 

 

4,136,645,435

 

 

(23,002,044,390

)

4,135,904,372

 

4,050,512,036

 

3,998,598,293

 

4,686,480,856

 

1,543,629,969

 

3,935,391,320

 

4,788,172,979

 

 

 

TREASURY STOCK

 

 

1,003,398

 

 

-

 

1,003,398

 

-

 

-

 

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL STOCKHOLDERS EQUITY

 

  $

591,645,570

 

 

  $

8,604,535,152

 

  $

598,571,306

 

  $

599,215,534

 

  $

592,289,799

 

  $

(1,222,897,698

)

  $

(2,464,736,466

)

  $

(2,633,325,838

)

  $

(3,482,006,218

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME STATEMENT REPORT INCOME STATEMENT

 

  $

847,027,552

 

 

  $

-

 

  $

-

 

  $

-

 

  $

440,503,768

 

  $

50,394,975

 

  $

-

 

  $

356,149,334

 

  $

(20,524

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES + EQUITY

 

  $

(3,964,967,162

)

 

  $

11,953,441,751

 

  $

598,571,307

 

  $

599,215,534

 

  $

(5,422,143,507

)

  $

(1,173,892,714

)

  $

(2,456,502,320

)

  $

(4,541,818,390

)

  $

(3,521,838,823

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MOR- 2 & 3

 

 

 

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF TEXAS

HOUSTON DIVISION

 

CASE NAME: EP Energy Corporation, et al.

 

PETITION DATE: October 3, 2019   

 

CASE NUMBER: 19-35654

 

MONTH: October 2019

 

SCHEDULE OF POST-PETITION LIABILITIES

 

 

Oct-19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

TRADE ACCOUNTS PAYABLE

 $

12,804,720

 

 

 

 

 

TAXES PAYABLE:

 $

-

 

 

 

 

 

Severance tax payable

 $

-

 

 

 

 

 

Other taxes payable

 $

-

 

 

 

 

 

 

 

 

 

 

 

 

 

SECURED DEBT POST-PETITION

 $

-

 

 

 

 

 

ACCRUED INTEREST PAYABLE

 $

11,040,566

 

 

 

 

 

ACCRUED PROFESSIONAL FEES [2]

 $

5,900,000

 

 

 

 

 

OTHER ACCRUED LIABILITIES:

 

 

 

 

 

 

 

1. Insurance

 $

-

 

 

 

 

 

2. Asset retirement obligation

 $

-

 

 

 

 

 

3. Accrued LOE liability

 $

6,261,085

 

 

 

 

 

4. Accrued G&A liability

 $

870,000

 

 

 

 

 

5. Accrued Capex liability

 $

26,161,000

 

 

 

 

 

6. Owner advances payable

 $

-

 

 

 

 

 

7. Owner revenue payable

 $

34,851,218

 

 

 

 

 

8. Accrued wages

 $

132,806

 

 

 

 

 

TOTAL POST-PETITION LIABILITIES

 $

98,021,395

 $

-

 $

-

 $

-

 $

-

 $

-

 

 

[2]  Payment requires Bankruptcy Court approval.

MOR-4

 

UNITED STATES BANKRUPTCY COURT

 

SOUTHERN DISTRICT OF TEXAS

 

HOUSTON DIVISION

 

CASE NAME:  EP Energy Corporation, et al.

PETITION DATE:  October 3, 2019    

 

CASE NUMBER:  19-35654

 

MONTH:  October 2019

 

AGING OF POST-PETITION LIABILITIES

 

DAYS

TOTAL

TRADE ACCTS

FED TAXES

STATE TAXES

AD-VALOREM,
OTHER TAXES

OTHER

0-30

$

12,804,720

$

12,804,720

$

-

$

-

$

-

$

-

31-60

$

-

$

-

$

-

$

-

$

-

$

-

61-90

$

-

$

-

$

-

$

-

$

-

$

-

91 +

$

-

$

-

$

-

$

-

$

-

$

-

TOTAL

$

12,804,720

$

 12,804,720

$

 -

$

 -

$

 -

$

 -

 

AGING OF ACCOUNTS RECEIVABLE [3]

 

MONTH

Oct-19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

0-30

$

101,248,776

 

 

 

 

 

 

 

 

 

 

31-60

$

(24,541)

 

 

 

 

 

 

 

 

 

 

61-90

$

1,113,895

 

 

 

 

 

 

 

 

 

 

91 +

$

154,130

 

 

 

 

 

 

 

 

 

 

TOTAL

$

102,492,260

$

 -

$

 -

$

 -

$

 -

$

 -

 

[3]  Total Accounts Receivable balance does not include intercompany activity.

MOR-5

 

 

UNITED STATES BANKRUPTCY COURT

 

SOUTHERN DISTRICT OF TEXAS

 

HOUSTON DIVISION

 

CASE NAME: EP Energy Corporation, et al.

 

PETITION DATE: October 3, 2019

 

 

 

CASE NUMBER: 19-35654

 

 

 

 

 

MONTH: October 2019

 

Consolidating Income Statement

Ending Balance at October 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EP ENERGY CORPORATION

 

 

 

 

EPECO

 

EPACQ

 

EPELC

 

025

 

625

 

654

 

EPPCH

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONSOLIDATED

 

 

ALL ELIMINATION
COMPANIES

 

EP ENERGY
CORPORATION

 

EPE ACQUISITION LLC

 

EP ENERGY LLC

 

EP ENERGY
MANAGEMENT LLC

 

EP ENERGY RESALE
CO., LLC

 

EP ENERGY E&P
COMPANY, LP

 

EP ENERGY GLOBAL LLC

 

Everest Acquisition
Finance Inc

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

No Income

 

GAS REVENUE

 

4,123,032

 

 

-

 

-

 

-

 

-

 

-

 

-

 

4,123,032

 

-

 

 

 

OIL & CONDENSATE REVENUE

 

66,012,287

 

 

-

 

-

 

-

 

-

 

-

 

-

 

66,012,287

 

-

 

 

 

PLANT & PRODUCT REVENUE

 

5,190,803

 

 

-

 

-

 

-

 

-

 

-

 

-

 

5,190,803

 

-

 

 

 

MISCELLANEOUS REVENUE

 

(6,201,430

)

 

-

 

-

 

-

 

(6,201,430

)

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL REVENUE

 

$

69,124,692

 

 

$

-

 

$

-

 

$

-

 

$

(6,201,430

)

$

-

 

$

-

 

$

75,326,122

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMODITY PURCHASES

 

8,560

 

 

-

 

-

 

-

 

-

 

-

 

-

 

8,560

 

-

 

 

 

TRANSPORTATION COST

 

8,065,108

 

 

-

 

-

 

-

 

-

 

-

 

-

 

8,065,108

 

-

 

 

 

O&M EXPENSES

 

12,718,927

 

 

-

 

-

 

-

 

-

 

166,396

 

-

 

12,552,530

 

-

 

 

 

G&A EXPENSES

 

8,234,932

 

 

-

 

(25

)

-

 

2,788,940

 

5,112,149

 

-

 

333,867

 

-

 

 

 

GAIN & LOSS ON ASSET

 

(3,076

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(3,076

)

-

 

 

 

DD&A EXPENSE

 

38,576,009

 

 

-

 

-

 

-

 

-

 

-

 

-

 

38,576,009

 

-

 

 

 

EXPLORATORY COSTS

 

257,229

 

 

-

 

-

 

-

 

-

 

-

 

-

 

257,229

 

-

 

 

 

TAXES OTHER THAN INCOME

 

6,286,751

 

 

-

 

25

 

-

 

-

 

214,279

 

-

 

6,072,447

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL EXPENSES

 

$

74,144,439

 

 

$

-

 

$

-

 

$

-

 

$

2,788,940

 

$

5,492,825

 

$

-

 

$

65,862,674

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTEREST INCOME

 

182,441

 

 

-

 

-

 

-

 

156,610

 

-

 

-

 

25,831

 

-

 

 

 

OTHER INCOME & EXPENSE

 

(19,514

)

 

-

 

-

 

-

 

-

 

-

 

-

 

(19,514

)

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OTHER INCOME / EXPENSE

 

$

162,927

 

 

$

-

 

$

-

 

$

-

 

$

156,610

 

$

-

 

$

-

 

$

6,317

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EARNINGS BEFORE INTEREST & TAXES (EBIT)

 

$

(4,856,820

)

 

$

-

 

$

-

 

$

-

 

$

(8,833,760

)

$

(5,492,825

)

$

-

 

$

9,469,765

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTEREST INCOME-AFFIL

 

-

 

 

(1,446,778

)

-

 

-

 

1,446,778

 

-

 

-

 

-

 

-

 

 

 

INTEREST EXPENSE

 

(32,378,337

)

 

1,446,778

 

-

 

-

 

(32,128,818

)

-

 

-

 

(1,696,297

)

-

 

 

 

CAPITALIZED INT

 

167,421

 

 

-

 

-

 

-

 

167,421

 

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET INCOME BEFORE TAXES

 

(37,067,737

)

 

-

 

-

 

-

 

(39,348,380

)

(5,492,825

)

-

 

7,773,468

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME TAXES

 

-

 

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NON EBIT INCOME EXPENSE

 

$

(32,210,917

)

 

$

-

 

$

-

 

$

-

 

$

(30,514,620

)

$

-

 

$

-

 

$

(1,696,297

)

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET INCOME

 

$

(37,067,737

)

 

$

-

 

$

-

 

$

-

 

$

(39,348,380

)

$

(5,492,825

)

$

-

 

$

7,773,468

 

$

-

 

 

 

 

MOR-6

 

 

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION

 

CASE NAME: EP Energy Corporation, et al.

 

PETITION DATE: October 3, 2019

CASE NUMBER: 19-35654

 

 

MONTH: October 2019

 

 

 

Cash Flow Statement 10/31/2019

 

Net Income (loss)

 

  $

(37,067,737

)

 

 

 

 

 

 

 

 

Depreciation, depletion & amort-PPE

 

38,273,751

 

Depreciation, depletion & amort - ARO Liability

 

302,257

 

Impairment charges / Loss (Gain) on Long Lived Assets

 

(3,076

)

Amortization of equity comp

 

780,552

 

Accounts and notes receivable

 

(17,398,102

)

Accounts receivable with affiliates/Notes receivable

 

833

 

Owner and royalties payable

 

(11,273,768

)

Accounts payable and accrued expenses

 

12,543,477

 

Net price risk management activities

 

8,695,313

 

Inventories

 

1,357,641

 

Other current assets

 

1,025,396

 

Accrued Interest

 

31,861,532

 

Other current liabilities

 

(548,876

)

Non current assets

 

871,262

 

Asset Retirement Obligations

 

(222,619

)

Non current liabilities

 

(1,281,113

)

Net cash provided by (used in) operating activities

 

  $

27,916,721

 

 

 

 

 

Capital expenditures

 

(25,572,453

)

Cash paid for acquisitions

 

(222,598

)

Proceeds from disposal of property, net of cash transferred

 

49,700

 

Net cash provided by (used in) investing activities

 

  $

(25,745,351

)

 

 

 

 

Other

 

249,429

 

Net cash provided by (used in) financing activities

 

  $

249,429

 

 

 

 

 

Change in cash, cash equivalents and restricted cash

 

  $

2,420,799

 

 

 

 

 

Cash, cash equivalents and restricted cash -beginning Balance

 

  $

189,508,366

 

 

 

 

 

Cash, cash equivalents and restricted cash- ending Balance

 

  $

191,929,166

 

 

MOR-7

 

 

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION

 

CASE NAME: EP Energy Corporation, et al.

 

PETITION DATE: October 3, 2019

CASE NUMBER: 19-35654

 

 

MONTH: October 2019

 

 

 

Cash Accounts as of October 31, 2019

 

Business Unit Name

 

Bank Name

 

Bank Account

 

Bank Balance

 

GL Reconcilation

 

GL Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

025 - EP Energy Management LLC

 

Bank of New York Mellon

 

x4762

 

211,581.65

 

 

 

211,581.65

 

 

 

 

 

 

 

 

 

 

 

 

 

654 - EP Energy E&P Company L.P.

 

 

 

 

 

175,902.11

 

 

 

175,902.11

 

 

 

 

 

 

 

(120,164.25

)

 

 

(120,164.25

)

 

 

Bank of New York Mellon

 

x5751

 

55,737.86

 

183.01

[1]

55,920.87

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank of New York Mellon

 

x1930

 

10,000,000.00

 

 

 

10,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,015,509.42

 

 

 

2,015,509.42

 

 

 

 

 

 

 

(11,025,420.55

)

 

 

(11,025,420.55

)

 

 

Bank of New York Mellon

 

x3654

 

(9,009,911.13

)

 

 

(9,009,911.13

)

 

 

 

 

 

 

 

 

 

 

 

 

EPECO - EP Energy Corporation

 

Bank of New York Mellon

 

x9722

 

644,227.52

 

 

 

644,227.52

 

 

 

 

 

 

 

 

 

 

 

 

 

EPELC - EP Energy LLC

 

Bank of New York Mellon

 

x0381

 

5,304,115.39

 

 

 

5,304,115.39

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL FOR MELLON BANK

 

 

 

 

 

$

7,205,751.29

 

$

183.01

 

$

7,205,934.30

 

 

 

 

 

 

 

 

 

 

 

 

 

025 - EP Energy Management LLC

 

JP Morgan Chase Bank

 

x2730

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

654 - EP Energy E&P Company L.P.

 

JP Morgan Chase Bank

 

x4743

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

-

 

 

 

 

 

 

 

(1,064,629.77

)

 

 

(1,064,629.77

)

 

 

JP Morgan Chase Bank

 

x1509

 

(1,064,629.77

)

155,447.44

[2]

(909,182.33

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JP Morgan Chase Bank

 

x8572

 

185,025.33

 

 

 

185,025.33

 

 

 

 

 

 

 

 

 

 

 

 

 

EPELC - EP Energy LLC

 

JP Morgan Chase Bank

 

x0760

 

3,707,035.56

 

 

 

3,707,035.56

 

 

 

 

 

 

 

 

 

 

 

 

 

NEW BANK ACCOUNTS OPENED FOR ERP SYSTEM TRANSITION - NO ACTIVITY AS OF 10/31/19

 

 

 

 

 

 

 

025 - EP Energy Management LLC

 

JP Morgan Chase Bank

 

x7695

 

-

 

 

 

-

 

654 - EP Energy E&P Company L.P.

 

JP Morgan Chase Bank

 

x7109

 

-

 

 

 

-

 

654 - EP Energy E&P Company L.P.

 

JP Morgan Chase Bank

 

x7216

 

-

 

 

 

-

 

TOTAL FOR CHASE BANK

 

 

 

 

 

$

2,827,431.12

 

$

155,447.44

 

$

2,982,878.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash Managed By EP Energy Corp.

 

$

10,033,182.41

 

$

155,630.45

 

$

10,188,812.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

654 - EP Energy E&P Company L.P.

 

Mellon Overnight Investments

 

x1930 - x3654

 

4,960,020.63

 

 

 

4,960,020.63

 

 

 

 

 

 

 

 

 

 

 

 

 

EPELC - EP Energy LLC

 

 

Mellon Overnight Investments

 

x0381

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

EPELC - EP Energy LLC

 

JP Morgan Chase Bank

 

x0682

 

175,855,332.13

 

 

 

175,855,332.13

 

 

 

 

 

Temporary Cash Investments

 

$

180,815,352.76

 

 

 

$

180,815,352.76

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH AND CASH EQUIVALENT

 

$

190,848,535.17

 

$

155,630.45

 

$

191,004,165.62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

654 - EP Energy E&P Company L.P.

 

JP Morgan Chase

 

x1509

 

925,000.00

 

 

 

925,000.00

 

 

 

 

 

RESTRICTED CASH

 

$

925,000.00

 

 

 

$

925,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL CASH LESS OUTSTANIDNG

 

$

191,773,535.17

 

 

 

$

191,929,165.62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CHECKS OUTSTANDING

 

$

(12,210,214.57

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL INCLUDING OUTSTANDING

 

$

203,058,749.74

 

 

 

 

 

 

[1] Checks to be voided for escheat payments to certain regulatory authorities

[2] Checks to be voided for payments to Directors of EP Energy and escheat payments to certain regulatory authorities

MOR-8 (1 of 2)

 

 

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION

 

CASE NAME: EP Energy Corporation, et al.

PETITION DATE: October 3, 2019

CASE NUMBER: 19-35654

 

MONTH: October 2019

 

 

EXHIBIT C - BENEFITING COMPANY

 

CASH ACCOUNT RECONCILIATION

 

 

Case Number:

19-35654

19-35653

19-35652

19-35649

19-35648

19-35647

19-35650

19-35651

 

Consolidated

EP Energy
Corporation

EPE Acquisition LLC

EP ENERGY L.L.C.

EP Energy
Management, L.L.C.

EP ENERGY RESALE
CO., L.L.C.

EP ENERGY E&P
COMPANY, L.P.

EP Energy Global
LLC

Everest Acquisition
Finance Inc

 

TOTAL

 

 

 

 

 

 

 

 

CHECKS/OTHER DISBURSEMENTS

 $

(98,932,678)

 $

 -

 $

 -

 $

(1,004,463)

 $

(4,994,790)

 $

 -

 $

(92,933,424)

 $

 -

 $

 -

 

MOR-8 (2 of 2)

 

 

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION

 

CASE NAME:  EP Energy Corporation, et al.

PETITION DATE:  October 3, 2019

CASE NUMBER:  19-35654

 

MONTH:  October 2019

 

 

 

PAYMENTS TO INSIDERS AND PROFESSIONALS

Of the total disbursements shown for the month, list the amount paid to insiders (as defined in Section 101(31)(A)-(F) of the U. S. Bankruptcy Code) and the professionals. Also, for insiders identify the type of compensation paid (e.g., salary, commission, bonus, etc.) (Attach additional pages as necessary.)

 

INSIDER’S NAME (POSITION)

COMPENSATION TYPE

10/4/19 -
10/31/19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

Employee 1

Group Term Life Imputed Income

$

182

 

 

 

 

 

Employee 1

Expense Reimbursement

$

2

 

 

 

 

 

Employee 1

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 1

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 1

Base Salary

$

12,500

 

 

 

 

 

Employee 1

Base Salary

$

12,500

 

 

 

 

 

Employee 1

Transportation Subsidy

$

75

 

 

 

 

 

Employee 1

Benefit Dollars

$

8

 

 

 

 

 

Employee 1

Benefit Dollars

$

8

 

 

 

 

 

Employee 1

Group Term Life Imputed Income

$

182

 

 

 

 

 

Employee 2

Base Salary

$

16,667

 

 

 

 

 

Employee 2

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 2

Benefit Dollars

$

14

 

 

 

 

 

Employee 2

Transportation Subsidy

$

75

 

 

 

 

 

Employee 2

Benefit Dollars

$

14

 

 

 

 

 

Employee 2

Base Salary

$

16,667

 

 

 

 

 

Employee 2

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 3

Benefit Dollars

$

20

 

 

 

 

 

Employee 3

Base Salary

$

16,667

 

 

 

 

 

Employee 3

Transportation Subsidy

$

75

 

 

 

 

 

Employee 3

Benefit Dollars

$

20

 

 

 

 

 

Employee 3

Base Salary

$

16,667

 

 

 

 

 

Employee 4

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 4

Base Salary

$

12,500

 

 

 

 

 

Employee 4

Base Salary

$

12,500

 

 

 

 

 

Employee 4

Benefit Dollars

$

7

 

 

 

 

 

Employee 4

Transportation Subsidy

$

75

 

 

 

 

 

Employee 4

Group Term Life Imputed Income

$

182

 

 

 

 

 

Employee 4

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 4

Group Term Life Imputed Income

$

182

 

 

 

 

 

Employee 4

Benefit Dollars

$

7

 

 

 

 

 

Employee 5

Benefit Dollars

$

11

 

 

 

 

 

Employee 5

Base Salary

$

12,500

 

 

 

 

 

Employee 5

Group Term Life Imputed Income

$

28

 

 

 

 

 

Employee 5

Benefit Dollars

$

11

 

 

 

 

 

Employee 5

Group Term Life Imputed Income

$

28

 

 

 

 

 

Employee 5

Transportation Subsidy

$

75

 

 

 

 

 

Employee 5

Base Salary

$

12,500

 

 

 

 

 

Employee 6

Benefit Dollars

$

9

 

 

 

 

 

Employee 6

Transportation Subsidy

$

75

 

 

 

 

 

Employee 6

Benefit Dollars

$

9

 

 

 

 

 

Employee 6

Base Salary

$

14,583

 

 

 

 

 

Employee 6

Base Salary

$

14,583

 

 

 

 

 

Employee 7

Base Salary

$

35,417

 

 

 

 

 

Employee 7

Benefit Dollars

$

12

 

 

 

 

 

Employee 7

Expense Reimbursement

$

61

 

 

 

 

 

Employee 7

Benefit Dollars

$

12

 

 

 

 

 

Employee 7

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 7

Cell Phone Subsidy

$

25

 

 

 

 

 

Employee 7

Base Salary

$

35,417

 

 

 

 

 

Employee 7

Transportation Subsidy

$

75

 

 

 

 

 

Employee 8

Benefit Dollars

$

21

 

 

 

 

 

Employee 8

Base Salary

$

12,792

 

 

 

 

 

Employee 8

Expense Reimbursement

$

114

 

 

 

 

 

Employee 8

Base Salary

$

12,792

 

 

 

 

 

Employee 8

Group Term Life Imputed Income

$

121

 

 

 

 

 

Employee 8

Benefit Dollars

$

21

 

 

 

 

 

Employee 8

Group Term Life Imputed Income

$

121

 

 

 

 

 

Employee 8

Transportation Subsidy

$

75

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL INSIDERS (MOR-1)

 

$

269,451

$

 -

$

 -

$

 -

$

 -

$

 -

 

 

 

 

 

 

 

 

PROFESSIONALS
NAME/ORDER DATE

 

10/4/19 -
10/31/19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

 

 

$

-

 

 

 

 

 

TOTAL PROFESSIONALS (MOR-1)

 

$

-

$

 -

$

 -

$

 -

$

 -

$

 -

 

 

MOR-9