ROYALTY-IN-KIND OIL Invoice No.: FHRA2004-07-10-00
STATEMENT OF ACCOUNT FOR  Invoice Date: 11/13/2007
FLINT HILLS RESOURCES ALASKA, LLC Due Date: 11/20/2007
Adjustment Calculation for Prior Production Month:    
  Purchasing Points
  Prudhoe FS#2 Lisburne Northstar Kuparuk Milne Point Badami Colville Duck Island
Production Month September-07 September-07 September-07 September-07 September-07 September-07 September-07 September-07 September-07
ANS Spot Price $79.71939 $79.71939 $79.71939 $79.71939 $79.71939 $79.71939 $79.71939 $79.71939 $79.71939
Marine Transportation ($1.55000) ($1.55000) ($1.55000) ($1.55000) ($1.55000) ($1.55000) ($1.55000) ($1.55000) ($1.55000)
Tariff Allowance ($5.10608) ($5.28821) ($5.10608) ($6.79589) ($5.30643) ($6.24138) ($31.87990) ($5.91355) ($5.69296)
Quality Bank Adjustment $1.03232 $1.29787 $0.92779 $4.06874 ($0.97155) ($1.36336) ($2.04291) $1.71912 ($0.41746)
Line Loss ($0.06669) ($0.06676) ($0.06659) ($0.06790) ($0.06470) ($0.06351) ($0.03982) ($0.06658) ($0.06485)
Net Adjusted RIK Sale Price $74.02894 $74.11229 $73.92451 $75.37434 $71.82671 $70.50114 $44.20676 $73.90838 $71.99412
Alyeska Gross Volume 7,069,492 682,720 950,583 1,034,466 4,477,102 1,025,942 0 3,785,922 442,461
Gross Volume Adjustment   7,666.20   0.00 5,855.30 0.00 0.00 3.02 (0.77)
Adjusted Gross Volume 7,069,492 690,386 950,583 1,034,466 4,482,957 1,025,942 0 3,785,925 442,460
State RIK Percentage 11.1621830% 11.1617230% 11.8827200% 0.0000000%[1] 11.1250000% 0.0000000%[2] 0.0000000% 8.3071640% 14.3432100%
RIK Volume          789,109.63            77,059.00          112,955.12                       -            498,729.00                       -                         -            314,503.00       63,463.00
RIK Linefill/Loss Adjustment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Adjusted RIK Volume          789,109.63            77,059.00          112,955.12                       -            498,729.00                       -                         -            314,503.00       63,463.00
RIK Due $58,416,949.45 $5,711,018.96 $8,350,151.90 $0.00 $35,822,063.25 $0.00 $0.00 $23,244,407.24 $4,568,962.84  
Prior RIK Payment $62,907,338.35 $6,143,096.47 $9,004,713.26 $0.00 $39,758,371.66 $0.00 $0.00 $25,071,987.31 $5,059,231.65  
Net RIK Due ($4,490,388.90) ($432,077.51) ($654,561.36) $0.00 ($3,936,308.41) $0.00 $0.00 ($1,827,580.07) ($490,268.81) $0.00

[1]
Bonnie B.:
Enter RIK estimte for NSNS divided by total NSNS volume
[2]
Bonnie B.:
Enter RIK bbls per nomination divided by the toal estimated deliveries per the nomination from BPXA