EXHIBIT 99.2
CASE NAME: Coho Energy, Inc., ET AL Monthly Operating Report
CASE NUMBER: 02-31189-HCA-11 ACCRUAL BASIS
JUDGE: Harold C. Abramson
UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
MONTHLY OPERATING REPORT
MONTH ENDING: JULY 31, 2002
COHO ENERGY, INC. MONTHLY OPERATING REPORT
BANKRUPTCY CONSOLIDATION ACCRUAL BASIS - 1
BALANCE SHEETS (IN 000'S)
JULY 31, 2002
<Table>
<Caption>
SOFA FEB 28, MAR 31, APR 30, MAY 31, JUNE 30, JULY 31,
SCHEDULE 2002 2002 2002 2002 2002 2002
-------- -------- -------- -------- -------- -------- --------
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 7,810 $ 9,023 $ 10,655 $ 11,246 $ 11,635 $ 12,917 $ 14,001
Cash in escrow 25 25 25 26 26 26 26
Accounts receivable 7,495 7,231 8,135 8,801 9,738 12,108 12,544
Other current assets 32 1,001 930 1,025 986 954 1,195
Accrued unrealized gains derivatives -- 2,225 37 37 37 4 4
-------- -------- -------- -------- -------- -------- --------
15,362 19,505 19,782 21,135 22,422 26,009 27,770
PROPERTY AND EQUIPMENT 335,561 331,674 330,808 330,378 329,845 329,371 328,769
INVESTMENT IN SUBSIDIARIES -- 260 260 59 58 54 54
OTHER ASSETS 82 22,692 111 112 104 89 103
-------- -------- -------- -------- -------- -------- --------
$351,005 $374,131 $350,961 $351,684 $352,429 $355,523 $356,696
======== ======== ======== ======== ======== ======== ========
LIABILITIES AND
SHAREHOLDERS' EQUITY
LIABILITIES NOT SUBJECT TO COMPROMISE
CURRENT LIABILITIES
Accounts payable, principally trade -- 485 712 874 744 2,075 2,176
Accrued liabilities and other payables -- 2,559 4,426 4,402 4,697 4,383 4,013
Accrued interest payable -- 681 1,034 1,354 1,278 1,596 3,035
Accrued unrealized losses derivatives -- 165 506 506 506 834 834
Current portion of long term debt -- -- -- --
-------- -------- -------- -------- -------- -------- --------
0 3,890 6,678 7,136 7,225 8,888 10,058
LIABILITIES SUBJECT TO COMPROMISE
Accounts payable, principally trade 5,644 $ 4,928 $ 5,771 $ 5,821 $ 5,800 $ 5,679 $ 5,617
Accrued liabilities and other payables 1,032 1,588 944 949 687 688 688
Current portion of long term debt 327,797 316,934 327,679 327,482 327,482 326,388 326,388
-------- -------- -------- -------- -------- -------- --------
334,473 323,450 334,394 334,252 333,969 332,755 332,693
LONG TERM DEBT -- -- -- -- -- -- --
DEFERRED INCOME TAXES -- -- -- -- -- -- --
-------- -------- -------- -------- -------- -------- --------
334,473 327,340 341,072 341,388 341,194 341,643 342,751
-------- -------- -------- -------- -------- -------- --------
COMMITMENTS AND
CONTINGENCIES 5,550 450 450 450 450 450 450
OTHER LONG TERM ACCRUED DERIVATIVES -- 257 397 397 397 397 397
SHAREHOLDERS' EQUITY
Prepetition owners' equity 8,679 47,098 13,771 13,771 13,771 13,771 13,771
Postpetition owners' equity(a) -- (1,014) (4,729) (4,322) (3,383) (738) (673)
-------- -------- -------- -------- -------- -------- --------
Total Shareholders' Equity 8,679 46,084 9,042 9,449 10,388 13,033 13,098
-------- -------- -------- -------- -------- -------- --------
$348,702 $374,131 $350,961 $351,684 $352,429 $355,523 $356,696
======== ======== ======== ======== ======== ======== ========
</Table>
(a) Postpetition owners' equity represents earnings subsequent to January 2002,
excluding the standby loan prepayment fee expense of $29.3 million, the
FAS 133 adjustment related to the gain on standby loan embedded derivative
of $10.2 million, the write off of $22.6 million in unamortized debt
issuance costs and the write off of $10.7 million in unamortized debt
discount.
COHO ENERGY CASE NO. 02-31189-HCA-11
COHO ENERGY, INC. MONTHLY OPERATING REPORT
BANKRUPTCY CONSOLIDATION ACCRUAL BASIS - 2
STATEMENTS OF OPERATIONS(IN 000'S) PAGE 1 OF 3
JULY 31, 2002
<Table>
<Caption>
--------------------------------------------------------------------------- YEAR-TO-DATE
JAN 02(a) FEB 02 MAR 02 APR 02 MAY 02 JUNE 02 JULY 02 07/31/02
--------- -------- -------- -------- -------- -------- -------- ------------
PRODUCTION/PRICES
Oil (Bbls/day) 9,103 9,348 9,115 9,052 9,638 9,210 9,005 9,209
Gas (Mcf/day) 4,085 4,375 3,986 4,157 3,924 4,013 3,487 3,998
BOE/day * 9,783 10,077 9,779 9,745 10,292 9,879 9,587 9,875
Average Oil Price $ 14.93 $ 16.01 $ 19.72 $ 21.68 $ 22.30 $ 20.90 $ 22.24 $ 19.72
Average Gas Price $ 2.65 $ 2.06 $ 2.48 $ 3.22 $ 3.27 $ 3.26 $ 3.17 $ 2.86
Average BOE Price $ 15.00 $ 15.74 $ 19.39 $ 21.51 $ 22.13 $ 20.81 $ 22.04 $ 19.55
OPERATING REVENUES
Oil and gas production $ 4,549 $ 4,442 $ 5,877 $ 6,290 $ 7,058 $ 6,168 $ 6,550 $ 40,934
--------- -------- -------- -------- -------- -------- -------- ---------
Total operating revenues 4,549 4,442 5,877 6,290 7,058 6,168 6,550 40,934
--------- -------- -------- -------- -------- -------- -------- ---------
OPERATING EXPENSES
Oil and gas production 2,187 2,063 2,097 2,022 2,149 2,045 2,141 14,704
Taxes on oil & gas production 278 263 348 373 415 359 395 2,431
General & administrative 643 490 227 256 304 258 265 2,443
Depletion & depreciation 1,519 1,455 1,539 1,484 1,617 1,505 1,509 10,628
(Gain)Loss on derivatives (251) (10,257) 13,446 11 106 (253) 105 2,907
--------- -------- -------- -------- -------- -------- -------- ---------
Total operating expenses 4,376 (5,986) 17,657 4,146 4,591 3,914 4,415 33,113
--------- -------- -------- -------- -------- -------- -------- ---------
OPERATING INCOME 173 10,428 (11,780) 2,144 2,467 2,254 2,135 7,821
OTHER INCOME & EXPENSES
Equity in income from subsidiaries -- 200 -- -- (4) -- 196
Interest and other income 17 3 -- 12 (7) 0 -- 25
Interest expense (2,713) (1,333) (1,186) (1,260) (1,355) (1,393) (1,440) (10,680)
Standby loan prepayment fee -- (29,344) 29,344 -- -- -- -- 0
Reorganization costs (33) (114) (53,309) (490) (166) (417) (630) (55,159)
Litigation Settlement -- -- -- -- -- 2,832 -- 2,832
--------- -------- -------- -------- -------- -------- -------- ---------
(2,729) (30,588) (25,151) (1,738) (1,528) 1,018 (2,070) (62,786)
--------- -------- -------- -------- -------- -------- -------- ---------
EARNINGS (LOSS) BEFORE TAXES
AND EXTRAORDINARY ITEMS (2,556) (20,160) (36,931) 406 939 3,272 65 (54,965)
--------- -------- -------- -------- -------- -------- -------- ---------
INCOME TAX EXPENSE (BENEFIT)
Current -- -- -- -- -- -- -- 0
Deferred -- -- -- -- -- -- -- 0
--------- -------- -------- -------- -------- -------- -------- ---------
0 0 0 0 0 0 0 0
--------- -------- -------- -------- -------- -------- -------- ---------
EARNINGS (LOSS) (2,556) (20,160) (36,931) 406 939 3,272 65 (54,965)
--------- -------- -------- -------- -------- -------- -------- ---------
EXTRAORDINARY ITEMS
Gain on extinguishment on
indebtedness -- -- -- -- -- -- -- --
--------- -------- -------- -------- -------- -------- -------- ---------
NET EARNINGS (LOSS) $ (2,556) $(20,160) $(36,931) $ 406 $ 939 $ 3,272 $ 65 $ (54,965)
========= ======== ======== ======== ======== ======== ======== =========
BASIC EARNINGS PER SHARE** $ (0.14) $ (1.08) $ (1.97) $ 0.02 $ 0.05 $ 0.17 $ 0.00 $ (2.94)
CASH FLOW FROM OPERATIONS $ 846 $ 561 $ 498 $ 1,910 $ 2,551 $ 4,511 $ 1,568 12,445
CASH FLOW PER SHARE** $ 0.05 $ 0.03 $ 0.03 $ 0.07 $ 0.10 $ 0.18 $ 0.06 $ 0.49
(a) January 2002 is a prepetition period
* BOE means barrel of oil equivalent,
assuming a ratio of 6 mcf to one
barrel
** Common shares 18,714 18,714 18,714 18,714 18,714 18,714 18,714 18,714
</Table>
PAGE 1
Coho Energy Case No. 02-31189-HCA-11
COHO ENERGY, INC.
BANKRUPTCY CONSOLIDATION
STATEMENTS OF EARNINGS -- BOE MONTHLY OPERATING REPORT
JULY 31, 2002 ACCRUAL BASIS - 2
PAGE 2 OF 3
<Table>
<Caption>
YEAR-TO-DATE
JAN 02(a) FEB 02 MAR 02 APR 02 MAY 02 JUNE 02 JULY 02 7/31/02(a)
--------- ---------- --------- --------- ---------- --------- --------- ------------
PRODUCTION/PRICES
Oil (Bbls/day) 9,103 9,348 9,115 9,052 9,638 9,210 9,005 9,209
Gas (Mcf/day) 4,085 4,375 3,986 4,157 3,924 4,013 3,487 3,998
BOE/day 9,783 10,077 9,779 9,745 10,292 9,879 9,587 9,875
Average Oil Price $ 14.93 $ 16.01 $ 19.72 $ 21.68 $ 22.30 $ 20.90 $ 22.24 $ 19.72
Average Gas Price $ 2.65 $ 2.06 $ 2.48 $ 3.22 $ 3.27 $ 3.26 $ 3.17 $ 2.86
Average BOE Price $ 15.00 $ 15.74 $ 19.39 $ 21.51 $ 22.13 $ 20.81 $ 22.04 $ 19.55
OPERATING REVENUES
Oil and gas production 15.00 15.74 19.39 21.52 22.12 20.81 22.04 19.55
--------- ---------- --------- --------- ---------- --------- --------- ------------
Total operating revenues 15.00 15.74 19.39 21.52 22.12 20.81 22.04 19.55
--------- ---------- --------- --------- ---------- --------- --------- ------------
OPERATING EXPENSES
Oil and gas production 7.21 7.31 6.92 6.92 6.74 6.90 7.20 7.02
Taxes on oil & gas production 0.92 0.93 1.15 1.28 1.30 1.21 1.33 1.16
General & administrative 2.12 1.74 0.75 0.88 0.95 0.87 0.89 1.17
Depletion and depreciation 5.01 5.16 5.08 5.08 5.07 5.08 5.08 5.08
(Gain) loss on derivative (0.83) (36.35) 44.35 0.04 0.33 (0.85) 0.35 1.39
--------- ---------- --------- --------- ---------- --------- --------- ------------
Total operating expenses 14.43 (21.22) 58.25 14.18 14.39 13.21 14.86 15.82
--------- ---------- --------- --------- ---------- --------- --------- ------------
OPERATING INCOME 0.57 36.96 (38.86) 7.33 7.73 7.61 7.18 3.74
OTHER INCOME & EXPENSES
Equity loss in subsidiaries 0.00 0.71 0.00 0.00 0.00 (0.01) 0.00 0.09
Interest and other income 0.06 0.01 0.00 0.04 (0.02) 0.00 0.00 0.01
Interest expense (8.95) (4.72) (3.91) (4.31) (4.25) (4.70) (4.85) (5.10)
Standby loan prepayment fee 0.00 (104.00) 96.80 0.00 0.00 0.00 0.00 0.00
Reorganization costs (0.11) (0.40) (175.85) (1.68) (0.52) (1.41) (2.12) (26.35)
Litigation Settlement 0.00 0.00 0.00 0.00 0.00 9.56 0.00 1.35
--------- ---------- --------- --------- ---------- --------- --------- ------------
(9.00) (108.41) (82.97) (5.94) (4.79) 3.43 (6.97) (29.99)
--------- ---------- --------- --------- ---------- --------- --------- ------------
EARNINGS (LOSS) BEFORE TAXES
AND EXTRAORDINARY ITEMS (8.43) (71.45) (121.82) 1.39 2.94 11.04 0.22 (26.26)
--------- ---------- --------- --------- ---------- --------- --------- ------------
INCOME TAX EXPENSE (BENEFIT)
Current 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------- ---------- --------- --------- ---------- --------- --------- ------------
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------- ---------- --------- --------- ---------- --------- --------- ------------
EARNINGS (LOSS) BEFORE
EXTRAORDINARY (8.43) (71.45) (121.82) 1.39 2.94 11.04 0.22 (26.26)
EXTRAORDINARY ITEMS
Gain on extinguishment on
indebtedness 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------- ---------- --------- --------- ---------- --------- --------- ------------
NET EARNINGS (LOSS) $ (8.43) $ (71.45) $ (121.82) $ 1.39 $ 2.94 $ 11.04 $ 0.22 $ (26.26)
========= ========== ========= ========= ========== ========= ========= ============
</Table>
(a) JANUARY 2002 IS A PREPETITION PERIOD
COHO ENERGY CASE NO. 02-31189-HCA-11
PAGE 2
COHO ENERGY, INC. (CONSOLIDATED) MONTHLY OPERATING REPORT
GENERAL & ADMINISTRATIVE EXPENSE SUMMARY ACCRUAL BASIS -2
JULY 31, 2002 PAGE 3 OF 3
<Table>
<Caption>
FEBRUARY MARCH APRIL MAY JUNE JULY
Salaries (a) $420 $424 $415 $416 $422 $422
Employee Benefits (b) 226 157 107 153 203 152
Employee Related Costs (c) (19) 9 (5) (2) (6) 12
Office Related Costs (d) 98 101 104 95 93 99
Outside Services (e) 218 (25) 55 94 41 81
Miscellaneous (f) (0) 19 24 20 21 16
Insurance - general 35 35 35 35 35 22
Data Processing 10 5 12 3 1 3
Acquisition Costs (g) 12 12 0 0 0 0
Corporate Costs (h) 4 6 49 12 5 6
-------- ------- ----- ----- ----- -----
Total Costs 1,004 742 795 825 817 812
Overhead Allocations (i) (236) (231) (247) (241) (248) (245)
G&A Recoveries (j) (605) (611) (612) (603) (635) (634)
Reclass recoveries to LOE (k) 327 326 320 323 325 332
-------- ------- ----- ----- ----- -----
Net G&A Expense 490 227 256 304 258 265
Reorganization Costs 114 53,309 490 166 417 630
-------- ------- ----- ----- ----- -----
Total G&A Related Costs $604 $53,536 $747 $470 $676 $895
======== ======= ===== ===== ===== =====
Expenses included in the categories are as follows:
(a) Salaries
(b) Employee benefits and payroll taxes
(c) Conventions, seminars, travel, entertainment, relocation, and automobiles.
(d) Office rent, office maintenance, telephones, office supplies, subscriptions, and gifts.
(e) Accounting, legal and consulting fees and temporary services.
(f) Fees, licenses, bank charges, franchise taxes , property taxes and misc write-offs.
(g) Consulting fees and other incremental costs related to acquisition reviews.
(h) Director fees and travel expenses, listing fees and shareholder mailings.
(i) Primarily salaries & employee costs charged through JIBs to LOE for capital work.
(j) COPAS billings to wells
(k) Reclass COPAS billings charged to LOE on operated wells in excess of actual
costs related to such operations.
</Table>
COHO ENERGY CASE NO. 02-31189-HCA-11
COHO ENERGY, INC.
BANKRUPTCY CONSOLIDATION MONTHLY OPERATING REPORT
STATEMENTS OF CASH FLOW ACCRUAL BASIS - 3
JULY 31, 2002
<Table>
<Caption>
JAN 02(a) FEB 02 MARCH 02 APRIL MAY JUNE JULY YTD
--------- --------- --------- -------- ------- ------- ------- --------
CASH FLOWS FROM OPERATIONS
Net earnings (loss) $ (2,556) $ (20,160) $ (36,931) $ 406 $ 939 $ 3,272 $ 65 $(54,965)
Adjustments to reconcile net earnings (loss) $ 0
to net cash provided by operating
activities: $ 0
Equity in loss of subsidiaries -- (200) -- -- -- 4 -- $ (196)
Depletion and depreciation 1,519 1,455 1,539 1,484 1,617 1,505 1,509 $ 10,628
Standby loan interest 1,330 224 -- 26 -- -- -- $ 1,580
Standby loan prepayment fee -- 29,344 -- -- -- -- -- $ 29,344
Gain on standby loan embedded derivative -- (10,232) -- -- -- -- -- $(10,232)
Write off of debt issuance costs -- -- 22,583 -- -- -- -- $ 22,583
Write off of debt discount -- -- 10,744 -- -- -- -- $ 10,744
Loss on derivatives -- -- 2,525 -- -- (266) -- $ 2,259
Other items 553 130 37 (5) (5) (4) (6) 700
--------- --------- --------- -------- ------- ------- ------- --------
Cash Flow from Opers before W/C Changes 846 561 497 1,911 2,551 4,511 1,568 12,445
Changes in operating assets and
liabilities:
Accounts receivable and other assets 295 317 (844) (560) (892) (2,323) (691) (4,698)
Cash in escrow -- -- -- (1) -- -- -- (1)
Accounts payable, principally trade (619) 1,229 1,070 212 (151) 1,210 39 2,990
Accounts pay and other accr liabs -- 1,137 1,048 (329) (169) (66) (105) 1,516
Accrued interest -- (1,486) 353 320 (76) 318 1,439 868
--------- --------- --------- -------- ------- ------- ------- --------
Net cash provided (used) by
operating activities 522 1,758 2,124 1,553 1,263 3,650 2,250 13,120
--------- --------- --------- -------- ------- ------- ------- --------
CASH FLOWS FROM INVESTING
Property and equipment (974) (759) (673) (1,056) (1,084) (1,031) (907) (6,484)
Changes in accts pay and accrued
liabilities related to exploration and
development 98 (304) 181 317 209 (243) (259) (1)
Advances to unconsolidated subsidiaries -- (13) -- 1 1 -- -- (11)
--------- --------- --------- -------- ------- ------- ------- --------
Net cash provided (used) by investing activities (876) (1,076) (492) (738) (874) (1,274) (1,166) (6,496)
--------- --------- --------- -------- ------- ------- ------- --------
CASH FLOWS FROM FINANCING
Increase in long term debt -- -- -- -- -- -- -- 0
Repayment of long term debt (1,057) -- -- (224) -- (1,094) -- (2,375)
Debt issuance costs -- -- -- -- -- -- -- 0
Debt extinguishment costs -- -- -- -- -- -- -- 0
--------- --------- --------- -------- ------- ------- ------- --------
Net cash provided (used) by financing activities (1,057) 0 0 (224) 0 (1,094) 0 (2,375)
--------- --------- --------- -------- ------- ------- ------- --------
NET INCREASE (DECREASE) IN CASH (1,411) 682 1,632 591 389 1,282 1,084 4,249
CASH AND CASH EQUIVS-BEGINNING 9,752 8,341 9,023 10,655 11,246 11,635 12,917 9,752
--------- --------- --------- -------- ------- ------- ------- --------
CASH AND CASH EQUIVS-ENDING $ 8,341 $ 9,023 $ 10,655 $ 11,246 $11,635 $12,917 $14,001 $ 14,001
========= ========= ========= ======== ======= ======= ======= ========
</Table>
(a) JANUARY 2002 IS A PREPETITION PERIOD
COHO ENERGY CASE NO. 02-31189-HCA-11
COHO ENERGY, INC. AND SUBSIDIARIES MONTHLY OPERATING REPORT
BANKRUPTCY CONSOLIDATION ACCRUAL BASIS - 4
(IN 000S, EXCEPT RATIOS) PAGE 1 OF 2
ACCOUNTS RECEIVABLE ANALYSIS
<Table>
<Caption>
SOFA FEB 02 MARCH 02 APRIL 02 MAY 02 JUNE 02 JULY 02
-------- -------- -------- -------- -------- -------- --------
JIB Receivables
0 - 30 days $ 1,101 $ 956 $ 525 $ 1,089 $ 642 $ 1,181 $ 1,593
31 - 60 days 79 80 589 (3) 643 25 147
61 - 90 days 29 39 43 214 (0) 245 1
Over 90 days 951 936 853 831 836 790 872
-------- -------- -------- -------- -------- -------- --------
Total Accounts Receivable $ 2,161 $ 2,011 $ 2,010 $ 2,132 $ 2,121 $ 2,242 $ 2,613
======== ======== ======== ======== ======== ======== ========
SUMMARY OF RECEIVABLES
Accrued revenue $ 5,428 $ 5,465 $ 6,533 $ 6,873 $ 7,826 $ 7,231 $ 7,288
JIB receivables 2,161 2,011 2,010 2,132 2,121 2,242 2,613
Employee/officer receivables 1 1 1 2 0 4 0
Other receivables 375 224 61 264 262 3,101 3,112
-------- -------- -------- -------- -------- -------- --------
Total receivables 7,965 7,701 8,605 9,271 10,208 12,578 13,014
Allowance for doubtful accts (470) (470) (470) (470) (470) (470) (470)
-------- -------- -------- -------- -------- -------- --------
Receivables net of allowance $ 7,495 $ 7,231 $ 8,135 $ 8,801 $ 9,738 $ 12,108 $ 12,544
======== ======== ======== ======== ======== ======== ========
</Table>
COHO ENERGY CASE NO. 02-31189-HCA-11
COHO ENERGY, INC. AND SUBSIDIARIES MONTHLY OPERATING REPORT
BANKRUPTCY CONSOLIDATION ACCRUAL BASIS - 4
(IN 000S, EXCEPT RATIOS) PAGE 2 OF 2
ACCOUNTS PAYABLE ANALYSIS
<Table>
<Caption>
FEB 02 MARCH APRIL MAY JUNE JULY
--------- --------- --------- --------- --------- ---------
ACCOUNTS PAYABLE
0 - 30 days $ 232 $ 431 $ 519 $ 300 $ 1,439 $ 1,175
31 - 60 days $ 21 $ 23 $ 5 $ 5 $ 102
Over 60 days $ 7 $ 30 $ 30 $ 356
--------- --------- --------- --------- --------- ---------
232 453 550 334 1,475 1,633
Prepetition 2,618 3,700 3,744 3,728 3,667 3,616
--------- --------- --------- --------- --------- ---------
Total Accounts Payable $ 2,851 $ 4,152 $ 4,294 $ 4,063 $ 5,142 $ 5,249
========= ========= ========= ========= ========= =========
INCOME TAXES PAYABLE
PREPETITION
Federal income
State income
--------- --------- --------- --------- --------- ---------
Total Taxes Payable $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
========= ========= ========= ========= ========= =========
SUMMARY OF LIABILITIES
POSTPETITION
Accrued interest $ 681 $ 1,034 $ 1,354 $ 1,278 $ 1,596 $ 3,035
--------- --------- --------- --------- --------- ---------
$ 681 $ 1,034 $ 1,354 $ 1,278 $ 1,596 $ 3,035
--------- --------- --------- --------- --------- ---------
Accounts payable $ 232 $ 453 $ 550 $ 334 $ 1,475 $ 1,633
Miscellaneous payables 0 3 2 2 (1) (1)
Revenues payable 252 269 322 406 599 543
A/P sales & use tax $ 1 $ 3 $ 0 $ 1 $ 2 $ 1
--------- --------- --------- --------- --------- ---------
A/P Trade $ 485 $ 728 $ 874 $ 744 $ 2,075 $ 2,176
--------- --------- --------- --------- --------- ---------
Accrued reorganization costs $ 129 $ 887 $ 1,121 $ 1,347 $ 1,279 $ 1,293
Accrued operating costs $ 1,314 $ 1,738 $ 1,708 $ 1,565 $ 1,542 $ 1,326
Accrued drilling costs $ 556 $ 719 $ 1,140 $ 1,370 $ 1,126 $ 868
Accrued franchise taxes $ 14 $ 30 $ 47 $ 64 $ 80 $ 95
Accrued environmental $ 50 $ 50 $ 50 $ 50 $ 50 $ 50
Other accrued liabilities $ 495 $ 1,236 $ 336 $ 302 $ 305 $ 381
--------- --------- --------- --------- --------- ---------
Accrued liabilities and other $ 2,559 $ 4,661 $ 4,402 $ 4,697 $ 4,383 $ 4,013
--------- --------- --------- --------- --------- ---------
Accrued unrealized derivatives $ 165 $ 506 $ 506 $ 506 $ 834 $ 834
--------- --------- --------- --------- --------- ---------
$ 165 $ 506 $ 506 $ 506 $ 834 $ 834
--------- --------- --------- --------- --------- ---------
Total Postpetition 3,890 6,929 7,136 7,225 8,888 10,058
--------- --------- --------- --------- --------- ---------
PREPETITION
Income taxes payable
Accounts payable 2,618 3,700 3,744 3,728 3,667 3,616
Miscellaneous payables 8 8 8 8 8 8
Revenues payable 2,301 2,046 2,068 2,062 2,003 1,992
A/P sales & use tax 1 1 1 1 1 1
--------- --------- --------- --------- --------- ---------
A/P Trade 4,928 5,755 5,821 5,800 5,679 5,617
--------- --------- --------- --------- --------- ---------
Accrued LA penalties & int
Accrued operating costs 594 33 5
Accrued drilling costs 432 125 22
Accrued franchise taxes 190 190 190 190 190 190
Accrued vacation 105 105 105 105 105 105
Accrued contract obligations
Accrued sale tax due Amoco
Accrued environmental costs 175 175 175 175 175 175
Other accrued liabilities 90 80 451 217 218 218
--------- --------- --------- --------- --------- ---------
Accrued liabilities and other 1,588 709 949 687 688 688
--------- --------- --------- --------- --------- ---------
Total prepetition 6,516 6,464 6,770 6,487 6,368 6,305
--------- --------- --------- --------- --------- ---------
Total liabilities $ 10,406 $ 13,393 $ 13,906 $ 13,712 $ 15,255 $ 16,363
========= ========= ========= ========= ========= =========
LONG TERM DEBT
Chase revolving credit facility 195,000 195,000 194,776 194,776 193,682 193,682
Standby loan $ 82,707 $ 93,451 $ 93,451 $ 93,451 $ 93,451 $ 93,451
Standby accrued interest $ 4,984 $ 4,984 $ 5,010 $ 5,010 $ 5,010 $ 5,010
Standby prepayment fee $ 29,344 $ 29,344 $ 29,344 $ 29,344 $ 29,344 $ 29,344
Derivative liablility $ 1,538 $ 1,538 $ 1,538 $ 1,538 $ 1,538 $ 1,538
State tax notes and other $ 3,361 $ 3,361 $ 3,361 $ 3,361 $ 3,361 $ 3,361
Reclass to current $(316,934) $(327,679) $(327,482) $(327,482) $(326,388) $(326,388)
--------- --------- --------- --------- --------- ---------
Total Long Term Debt $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
========= ========= ========= ========= ========= =========
</Table>
COHO ENERGY CASE NO. 02-31189-HCA-11