ex10-1.htm


    Exhibit
      10.1

     

     

    STOCK
      PURCHASE AGREEMENT

    


    Agreement
      made this 9th day of January,
      2008, between Tidelands Oil & Gas Corporation (“Seller”) whose address is
      1862 West Bitters Road, San Antonio, Bexar County, Texas 78248, and Bentley
      Energy Corp. (“Purchaser” or “Buyer”), whose principal office is at 45 N. E.
      Loop 410, Suite 495, San Antonio, Bexar County, Texas 78216.

    


    Whereas

    


    The
      Seller owns all of the issued and
      outstanding shares of Sonterra Energy Corporation, a Texas corporation (the
      “Company”).

    


    The
      Seller desires to sell and the
      Purchaser desires to buy such shares on the terms herein stated.

    


    NOW,
      therefore, the parties agree as
      follows:

    


    1.           
      Sales of
      Shares.  The Seller shall sell and transfer to the Purchaser,
      and the Purchaser shall purchase and acquire from the Seller, all of the
      outstanding capital stock of the Company, consisting of 1,000 of common shares
      without par value (the “Shares”) which shares the Seller now owns.

    


    2.           
      Purchase
      Price.  The purchase price for all of such shares is Three
      Million Dollars ($3,000,000.00) which the Purchaser shall pay to Seller by
      certified, bank cashier’s check or wire transfer, as follows:

    


    A.           
      The sum of $2,925,000.00 at the Closing.

    


    B.           
      The balance of $75,000.00, payable twelve (12) months after the Closing Date
      (as
      defined below) or forty-five (45) days after the resolution of all litigation
      either by final settlement agreement, judgment or the exhaustion of all appeals,
      whichever is the first to occur, subject to the offsets as herein
      provided.

    


    3.           
      Closing.  The
      Closing of the sale shall take place at a location designated by the parties
      at
      10:00 a.m. on or before January 8, 2008 (the “Closing Date”).  At the
      Closing, Seller shall deliver to the Buyer, free and clear of all encumbrances,
      certificates for the shares which it is required to sell in negotiable form,
      with any requisite transfer stamps attached, and such other documents,
      instruments, records and/or items as specified herein, or otherwise necessary
      for the continuation of the business operation of the Company.

    


    It
      is agreed that for all purposes
      under this Agreement, time is of the essence.

    


    4.           
      Pre-Closing
      Obligations.  The Parties acknowledge that they desire to close
      the transaction contemplated by this Agreement with as little disruption in
      the
      business as possible and therefore agree to cooperate as follows:

    


    A.           
      Seller shall continue to maintain and service all subdivisions, customers,
      and
      accounts through the Closing Date.

    


    B.           
      Seller shall maintain all storage tanks used for servicing its customers with
      an
      inventory of propane equal to an average of forty-five percent (45%) of the
      cumulative storage tank capacity, but in no event shall the inventory in any
      single tank be less than forty percent (40%) on the Closing Date.

    


    C.           
      Seller had all customer meters read on or after December 26, 2007 and prior
      to
      Closing generated the December billing for all customers. Seller shall have
      the
      right to retain all sums received prior to the Closing Date.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    D.           
      Seller shall cooperate with and assist Buyer in transferring the telephone
      services from the offices of Seller to the offices of Buyer.

    


    E.           
      Buyer shall be responsible for the payment of all propane inventory charges
      incurred for delivery of propane from December 10, 2007 until the Closing
      Date.

    


    F.           
      Seller shall cause the Consulting Agreement between the Company and Jason Jones,
      dated November 1, 2007, to be terminated effective upon the payment of the
      Purchase Price Fee owing pursuant to the terms of said agreement.

    


    5.           
      Seller’s
      Representations and Warranties.  The Seller represents,
      covenants, and warrants that:

    


    A.           
      The Company is a corporation duly incorporated and validity existing under
      the
      laws of the State of Texas, and is in good standing in such State; the Company
      has filed all returns and with respect to the state and federal income,
      franchise, and corporation taxes of the Company, which, to the knowledge and
      belief of the Seller, are required to be filed, for and with respect to all
      previous years since incorporation up to the present and current fiscal year
      which commenced January 1, 2007, except for the U.S. Federal Income Tax Return
      for the tax year ended December 31, 2007, which is not yet due; the Company
      has
      fully paid all taxes shown to be due on such returns.

    


    B.           
      The Shares of the Company are owned by the Seller free and clear of all liens
      and encumbrances; the Seller has the unrestricted and unlimited right and
      authority to sell, transfer, and deliver such shares; the total outstanding
      capital of the Company consists of the Shares; and all such shares have been
      fully paid for, duly issued, and are owned by the Seller.

     

    C.           
      The Company is the owner of the following:

    


    1)           
      The real estate, assets and/or contractual rights more fully described in
      Exhibits “A”, “B”, and “C” attached hereto.

    


    (a)           
      It is understood and agreed that the real property is subject to the
      restrictions and limitations of record common to the neighborhood, and subject
      to any easements for public utilities, which may be of record.

    


    (b)           
      The Seller represents that the Company’s title to be good and transferable , but
      in the event that the title shall not be found good and marketable and notice
      to
      that effect is given to the Seller within forty-five (45) days from the date
      of
      execution of this Agreement, then the Seller agrees to use reasonable diligence
      to make the said title good and transferable, and shall have a reasonable time
      to do so, and if after reasonable diligence on its part said title shall not
      be
      made good and transferable within a reasonable time, the Seller shall return
      the
      money this day paid and all monies that may have been paid to it under this
      Agreement, and thereupon Purchaser shall be released from all obligations
      hereunder.  Or, upon request of the Purchaser, Seller shall deliver
      the title in its existing condition.  If no such notice is given
      within such forty-five (45) days then for purposes of this Agreement, the title
      shall be deemed to be good and transferable.

    


    2)           
      All of such property is free and clear of any liens, encumbrances or claims
      for
      payment.

    


    D.           
      All debts and liabilities of the Company are or will be paid and satisfied
      prior
      to or concurrently with the Closing and funding contemplated by this Agreement,
      including specifically the debts, obligations, and contractual arrangements
      referred to in Exhibit “D” attached hereto, but excluding propane purchases
      after December 10, 2007, as described in Exhibit “D.”  In this regard,
      Seller shall deliver proof satisfactory to Buyer that the debts, obligations,
      and contractual arrangements have been paid or satisfied, or alternatively,
      Buyer will issue checks to satisfy the debts, obligations, and contractual
      arrangements upon funding of the transaction, and the amount specified in
      Paragraph 2.A. shall be reduced by the amounts so paid.  Any debts and
      liabilities of the Company not satisfied at Closing, shall be satisfied pursuant
      to Paragraph 9 hereof.

    


    E.           
      There has not been any material adverse change in the assets or liabilities
      or
      financial condition of the Company nor has any contractual arrangement or
      obligation, other than those in the usual course of business, been undertaken
      since December 10, 2007 except as may be otherwise listed and provided for
      in
      this Agreement; and all wages, salaries, commissions, indebtedness, and
      obligations of the Company to shareholders, officers, directors, employees,
      and
      agents of the Company have been or will be discharged at the Closing, except
      the
      debts and obligations referred to in Exhibit “E” attached hereto, which shall be
      discharged pursuant to Paragraph 9 hereof.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    F.           
      No actions, suits, or proceedings are pending, or to the knowledge of the Seller
      are threatened against or affecting the Company or its property, except as
      listed in Exhibit “E” attached hereto.

    


    G.           
      The profit and loss statement, balance sheet, and other financial documents
      supplied by Seller to Buyer in performing its due diligence (attached hereto
      as
      Exhibit “F”), or to be supplied to Buyer are true and correct and fairly
      represent the financial condition of the Company, and were prepared in
      accordance with generally accepted accounting principals and
      practice.  In addition, all representations, statements, and
      information provided by Seller to Ruben Jimenez & Associates, P.C. as
      referenced in the letter dated December 18, 2007 and attached hereto as Exhibit
      “G” were true and correct at the time made and are true and correct as of the
      Closing Date.

    


    6.           
      Buyer’s
      Representations and Warranties.  The Buyer represents,
      covenants and warrants:

    


    A.           
      Buyer is a corporation duly organized, validly existing, and in good standing
      under the laws of the State of Texas.

    


    B.           
      Buyer is acquiring the Shares for its own account and not with a view to their
      distribution or resale.

     

    7.           
      Documents at
      Closing.  The Seller shall deliver or cause to be delivered to
      the Purchaser at the Closing the following:

    


    A.           
      A certificate from the Secretary of the Company, certified by Seller, listing
      all shareholders of the Company and setting forth the number of shares owned
      by
      each and likewise setting forth the names of all officers and directors of
      the
      Company.

    


    B.           
      The original or a certified copy of the Certificate of Incorporation of the
      Company minute books, stock books, and all books, records, and documents
      pertaining to the Company and its affairs.

    


    C.           
      1,000 shares of the capital stock of the Company, duly endorsed by the Seller
      to
      the Purchaser.

    


    D.           
      The resignation in writing of all of the officers and directors of the Company
      to be effective as of the date of the Closing.

    


    E.           
      Such other documents, instruments, checkbooks, bank account information,
      computer passwords, and other items as may be requested and/or reasonably
      necessary for a complete and total transfer of ownership and control of the
      Company, including but not limited to any signed corporate resolutions for
      financial institutions as may be requested by Buyer.

    


    F.           
      All books, records, files, documents, agreements, financial records, checkbooks,
      account records, accounts receivables, vehicle titles, and such other tangible
      things used, referenced necessary or required for conducting the business
      affairs of Sonterra Energy Corporation.

    


    8.           
      Covenants of the
      Parties:

    


    A.           
      Following the Closing Date, each party will afford the other party, its counsel
      and its accountants, during normal business hours, reasonable access to the
      books, records and other data relating to the Company in its possession with
      respect to periods prior to the Closing Date and the right to make copies and
      extracts therefrom, to the extent that such access may be required by the
      requesting party in connection with (i) the preparation of tax returns,
      (ii) compliance with the requirements of any governmental or regulatory
      authority, (iii) the determination or enforcement of the rights and obligations
      of any party to this Agreement, (iv) in connection with any actual or threatened
      action or proceeding or (v) other reasonable business
      purposes.  Further each party agrees following the Closing Date not to
      destroy or otherwise dispose of any such books, records and other data unless
      such party shall first offer in writing to surrender such books, records and
      other data to the other party and such other party shall not agree in writing
      to
      take possession thereof during the ten (10) day period after such offer is
      made.

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    B.           
      If, in order properly to prepare its tax returns, other documents or reports
      required to be filed with governmental or regulatory authorities, or its
      financial statements or to fulfill its obligations hereunder, it is necessary
      that a party be furnished with additional information documents or records
      relating to the Company not referred to in paragraph (A) above, and such
      information, documents or records are in the possession or control of the other
      party, such other party shall use its best efforts to furnish or make available
      such information, documents or records (or copies thereof) at the recipient’s
      request, cost and expense.  Any information obtained by such party in
      accordance with this paragraph shall be held confidential by such
      party.

    


    9.           
      Indemnification
      by
      Seller.  The Parties agree that two and one-half percent (2.5%)
      of the total purchase price, being the sum of $75,000.00, shall be held back
      (the “Holdback Fund”) by Purchaser for one (1) year from the Closing Date or
      until forty-five (45) days after the pending litigation matters referenced
      in
      Exhibit “D” and “E” are fully resolved by final settlement agreement or judgment
      and all appeals have been exhausted or the time for perfecting a right of appeal
      has lapsed.  The responsibilities and/or or liabilities of Seller
      pursuant to this paragraph and this Agreement shall be first satisfied through
      the Holdback Fund.  The Seller shall fully indemnify, protect,
      reimburse, and hold harmless the Purchaser and the Company and its successors
      from and against any and all damages, liabilities, and claims which might exist
      on account of and by reason of failure or default of any of the covenants,
      agreements, or warranties of the Seller hereunder, all known or unknown debts
      of
      the Company which are not disclosed or set forth in this Agreement, any and
      all
      amounts which might be claimed, asserted, or established for as deficiencies
      in
      or with respect to federal or state income taxes, or franchise or other taxes
      and charges against the Company arising out of or related to the returns herein
      represented to have been filed, and the operations of the Company for or during
      all fiscal years of the Company, and all such deficiencies with respect to
      operations and business of the Company during such current fiscal year up to
      the
      date of the Closing in excess of any amounts which have otherwise been herein
      provided for, and the claims and causes of action set forth on the attached
      Exhibit “E”.  If any claim for which the Seller shall be obligated is
      presented to the Seller, to the Purchaser, or to either of them, the Seller
      shall, within ten (10) days after receiving written notice of such claim, notify
      the Purchaser in writing whether Seller does or does not have any objection
      to
      the payment of such claim.  The Seller shall not object to the payment
      of any such claim unless the Seller shall at the same time inform the Purchaser
      in writing that the Seller disputes such claim, in whole or in part, and shall
      promptly initiate proper proceedings to contest the same or undertake the
      appropriate defense thereof at the Seller’s sole cost and expense in a manner
      which will be effective fully to protect Purchaser against any liability and
      expense in connection therewith.  If within such ten (10) day notice
      period the Seller has no objection to the payment of such claim, the Seller
      shall be obligated to pay such claim within five (5) days after the expiration
      of the ten (10) day notice period and shall notify Purchaser to pay such claim
      from the Holdback Fund.  The failure of the Seller to respond to the
      notice of claim within such ten (10) day period shall constitute full authority
      for Purchaser to either contest the claim or pay the claim and to obtain a
      release of the Company, the Purchaser, and the Seller.  In such event
      the Purchaser shall be entitled to pay the claim from the Holdback
      Fund.  And the Seller shall, in such event, have no right to contest
      the validity of the creditor’s claim against the Company or the Purchaser, as
      the case may be.  In the event the Seller shall, within the
      above-mentioned ten (10) day period, object in writing to the payment of such
      claim, and shall promptly initiate proper proceedings to contest the same or
      undertake the appropriate defense thereof.  The Purchaser shall not
      have the authority to pay such claim as hereinabove provided, unless and until
      the claim, in whole or in part, is finally determined to be due and owing,
      in
      which event the Purchaser and the Seller shall be bound by the foregoing
      provisions with respect to the payment of claims.  Any monies
      remaining in the Holdback Fund shall be paid to Seller as specified
      herein.

     

    10.           
      Brokerage and
      Commission.  Both the Purchaser and the Seller agree that there
      are no broker’s fees or commissions, or finder’s fees, or otherwise, due as a
      result of the consummation of this transaction, save and except the Purchase
      Price Fee owed to Jason Jones as more specifically referenced on Exhibit
“D”.  The Purchaser further agrees with the Seller that in the event
      there is any brokerage or finder’s fee, or commission due to any other person,
      firm, or corporation, then, and in the event of any such claim, the Purchaser
      shall defend or pay such claim and hold the Seller harmless in connection with
      any liability or responsibilities in connection therewith.

    


    11.           
      Notices.  All
      notices permitted or required to be given hereunder shall be considered to
      have
      been properly given if sent by United States mail, postage prepaid, certified
      mail, to the Purchaser or the Seller, at the addresses hereinafter set forth,
      as
      follows:

    


    Seller:

    


    Tidelands
      Oil & Gas Corporation

    c/o
      James
      B. Smith

    1862
      West
      Bitters Road

    San
      Antonio, Texas 78248

    


    Buyer:

    


    Bentley
      Energy Corp.

    c/o
      Michael R. Ward

    45
      N. E.
      Loop 410, Suite 495

    San
      Antonio, Texas 78216

    


    such
      party may change his or its own address by a notice in writing pursuant
      hereto.

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    12.           
      Construction.  This
      Agreement shall be construed in accordance with the laws of the State of
      Texas.

    


    


    Thus
      done and executed by the respective parties hereto in the State of Texas on
      January 9, 2008.

    


    SELLER:

    


    TIDELANDS
      OIL & GAS CORPORATION

    


    


    By: 
      /s/ James B.
      Smith                   
                                                                           


           
      James
      B. Smith, Its President

    


    


    BUYER:

    


    BENTLEY
      ENERGY CORP.

    


    


    By: 
      /s/ Michael R.
      Ward                   


    Michael
      R. Ward, Its
      President

    


    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    ACKNOWLEDGEMENT

    


    
      
        	
                STATE
                  OF TEXAS

              	
                §

              
	 	
                §

              
	
                COUNTY
                  OF BEXAR

              	
                §

              


      

       

    

    


    BEFORE
      ME, the undersigned authority,
      on this day personally appeared James B. Smith, President of TIDELANDS OIL
&
GAS CORPORATION, known to me to be the person whose name is subscribed to the
      foregoing instrument, and acknowledged to me that he executed the same for
      the
      purposes and consideration therein expressed.

    


    GIVEN
      UNDER MY HAND AND SEAL OF OFFICE
      on this the 9th day of January, 2008.

    


    


    /s/
      Frances J.
      Jenkins                               

    NOTARY
      PUBLIC, STATE OF TEXAS

     

    
 

    
      


      
        
          	
                  STATE
                    OF TEXAS

                	
                  §

                
	 	
                  §

                
	
                  COUNTY
                    OF BEXAR

                	
                  §

                


        

        
 

      

    

    BEFORE
      ME, the undersigned authority,
      on this day personally appeared Michael R. Ward, President of BENTLEY ENERGY
      CORP., known to me to be the person whose name is subscribed to the foregoing
      instrument, and acknowledged to me that he executed the same for the purposes
      and consideration therein expressed.

    


    GIVEN
      UNDER MY HAND AND SEAL OF OFFICE
      on this the 9th day of January, 2008.

    


    


    /s/
      Frances J.
      Jenkins                            
 

    NOTARY
      PUBLIC, STATE OF TEXAS

    


    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      EXHIBIT
        “A”

      


      Description
        of
        Assets

      


      1.           
        The propane distribution systems, including the gas mains, yard lines, meters
        and storage tanks, serving the following subdivisions in the Austin, Texas
        and
        the Texas Hill Country area:

      


      Arbolago

      Austin’s
        Colony Phase II

      Caslano/Riverbend

      Cordillera

      Costa
        Bella

      The
        Hills of Lakeway

      Jacarandas

      Lake
        Pointe

      La
        Ventana

      Lakewinds
        Estates

      Northshore/Hollows

      Rob
        Roy Rim

      Senna
        Hills

      Sterling
        Acres

      The
        Pointe

      The
        Preserves

      Avonlea/Ensenada
        Shores – Unit
        4

      Lago
        Vista Retail Center

      


      2.           
        Guadalupe Valley Telephone Cooperative Independent Contractor
        Agreement.

       

      3.           
        The following described motor vehicles and trailers:

      


      
        	
                a.  

              	
                2005
                  CUST Flatbed Trailer, VIN
                  1C9WU302155678207

              


      

      
        	
                b.  

              	
                1987
                  Ford Flatbed Truck, VIN
                  1FDNF70HXHVA20432

              


      

      
        	
                c.  

              	
                1992
                  GMC Pickup, VIN 1GTGC24K5NE543531

              


      

      
        	
                d.  

              	
                1994
                  TEXA Pickup, VIN 17XFP2027R1944726

              


      

      
        	
                e.  

              	
                2000
                  Ford Pickup, VIN 1FTNW20L9YEC57991

              


      

      
        	
                f.  

              	
                2004
                  Ford Pickup, VIN 1FTSW31P54EG98901

              


      

      
        	
                g.  

              	
                2005
                  Ford Pickup, VIN 1FTWW32P55EB44285

              


      

      
        	
                h.  

              	
                2005
                  Ford Pickup, VIN 1FTRF12285NA6400

              


      

      
        	
                i.  

              	
                CASE
                  Rocksaw

              


      

      
        	
                j.  

              	
                CASE
                  Backhoe

              


      

      
        	
                k.  

              	
                Air
                  Compressor

              


      

      
        	
                l.  

              	
                1991
                  Ford Econoline Van – Not running

              


      

      


      4.            
        Accounts and/or deposit agreement rights with financial institutions as
        follows:

      


      a.           
        Bank of America, Account Number 005741438855

      


      5.            
        Customer Accounts Receivables.

      


      6.            
        Any and all other property, equipment, machines, vehicles, computers and
        related
        equipment and/or other tangibles as may be reflected in the financial statements
        attached hereto as Exhibit “F”.

      


      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      


      EXHIBIT
        “B”

      


      Contracts

      


      
        	
                1.

              	
                Lease
                  Agreement dated October 2, 1998, between RTNT, Inc. (predecessor
                  in
                  interest to Hornsby Bend Utility Company, Inc.), as Landlord, and
                  SuPro
                  Energy Corporation (predecessor in interest to ONEOK Propane Distribution
                  Company), as Tenant – Austin’s Colony Phase II Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                2.

              	
                Propane
                  Services Agreement, dated September 10, 1998, between Southern
                  Union
                  Company (predecessor in interest to ONEOK Propane Distribution
                  Company)
                  and HBH Development – Austin’s Colony Phase II Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                3.

              	
                Lease
                  Agreement, dated September 30, 2004, between ONEOK Propane Distribution
                  Company and Falcon of Lake Travis, Inc. – Costa Bella Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                4.

              	
                Propane
                  System Agreement, dated March 23, 1999, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and Falcon
                  of Lake Travis, Inc. – Costa Bella Subdivision, and transferred, assigned,
                  and conveyed to Seller by Assignment, Conveyance, and Bill of Sale
                  effective October 1, 2004. 

              


      

      


      
        	
                5.

              	
                Lease
                  Agreement, dated as of October 1, 2004, between ONEOK Propane Distribution
                  Company and Jacarandas at the Creek Owners’ Association, Inc. – Jacarandas
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                6.

              	
                Master
                  Installation Agreement, dated December 12, 2000, between Southern
                  Union
                  Company (predecessor in interest to ONEOK Propane Distribution
                  Company)
                  and Jacarandas at the Creek – Chris Milan Property – Jacarandas
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                7.

              	
                Master
                  Installation Agreement, dated December 31, 2001, between Southern
                  Union
                  Company (predecessor in interest to ONEOK Propane Distribution
                  Company)
                  and TEBO, L.P. – Lake Pointe Subdivision, and transferred, assigned, and
                  conveyed to Seller by Assignment, Conveyance, and Bill of Sale
                  effective
                  October 1, 2004. 

              


      

      


      
        	
                8.

              	
                Propane
                  System Installation Agreement, dated July 2, 1999, between Southern
                  Union
                  Company (predecessor in interest to ONEOK Propane Distribution
                  Company)
                  and La Ventana Driftwood, L.P. – La Ventana Subdivision, and transferred,
                  assigned, and conveyed to Seller by Assignment, Conveyance, and
                  Bill of
                  Sale effective October 1, 2004. 

              


      

      


      
        	
                9.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated September
                  27, 1999,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and Toll Bros., Inc. – Lakewinds Estates Sections 1,
                  2 and 3 Subdivision, and transferred, assigned, and conveyed to
                  Seller by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                10.

              	
                Tank
                  Site Lease Agreement, dated December 10, 2003, between Mini-Me
                  Management,
                  Ltd., as Landlord, and ONEOK Propane Distribution Company, as Tenant
–
                  Riverbend Subdivision, and transferred, assigned, and conveyed
                  to Seller
                  by Assignment, Conveyance, and Bill of Sale effective October 1,
                  2004.
                  

              


      

      


      
        	
                11.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated August 19,
                  1999,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and Lake Austin Land and Cattle, Ltd. – Riverbend
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

       

      
        	
                12.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated November
                  17, 1998,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and Parmer Ridge LTD – Rob Roy Rim Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	
                13.

              	
                Propane
                  Service Agreement, dated January 30, 1997, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and Senna
                  Hills Limited – Senna Hills Subdivision, and transferred, assigned, and
                  conveyed to Seller by Assignment, Conveyance, and Bill of Sale
                  effective
                  October 1, 2004. 

              


      

      


      
        	
                14.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated August 19,
                  1999,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and E.P. McCall, Jr. and Keith Schoenfelt
– Sterling
                  Acres Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                15.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated September
                  27, 1999,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and The Volente Group of Texas LTD – The Point
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                16.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated August 4,
                  1999,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and The Preserve at Cedar Creek Canyon, Inc.
– The
                  Preserve at Barton Creek Subdivision, and transferred, assigned,
                  and
                  conveyed to Seller by Assignment, Conveyance, and Bill of Sale
                  effective
                  October 1, 2004. 

              


      

      


      
        	
                17.

              	
                Master
                  Agreement for Services, dated January 1, 2003, between SuPro Energy
                  d/b/a
                  SUCOPropane (predecessor in interest to ONEOK Propane Distribution
                  Company) and BNC, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                18.

              	
                Self-service
                  Storage Rental Agreement, dated on or about March 1, 2004, between
                  ONEOK
                  Propane Distribution Company and Byron Lee d/b/a Baronie’s Botels.
                  

              


      

      


      
        	
                19.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated February
                  21, 2000,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and Lakeway 74, Ltd. – The Arbolago Subdivision,
                  Lakeway, Texas, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                20.

              	
                Propane
                  System Agreement – Cordillera Ranch Subdivision, dated August 29, 2005,
                  between Sonterra Energy Corporation and Cordillera Ranch, Ltd.
                  

              


      

      


      
        	
                21.

              	
                First
                  Amendment to the Propane System Agreement – Cordillera Ranch Subdivision,
                  effective February 2006. 

              


      

      


      
        	
                22.

              	
                Second
                  Amendment to the Propane System Agreement – Cordillera Ranch Subdivision,
                  effective 2006. 

              


      

      


      
        	
                23.

              	
                Agreement
                  for Gas Service System between Sonterra Energy Corporation and
                  Centex
                  Destinations Properties effective December 19, 2005 for the Hollows
                  at
                  Northshore. 

              


      

      


      
        	
                24.

              	
                First
                  Amendment to the Propane System Agreement between Centex Destinations
                  Properties and Sonterra Energy effective May 2006 for the Bluffs
– Phase
                  IB. 

              


      

      


      
        	
                25.

              	
                Agreement
                  for Installation of Subdivision Propane System, dated January 31,
                  2001,
                  between Southern Union Company (predecessor in interest to ONEOK
                  Propane
                  Distribution Company) and The Hills Property Owners Association
– The
                  Hills of Lakeway Subdivision, and transferred, assigned, and conveyed
                  to
                  Seller by Assignment, Conveyance, and Bill of Sale effective October
                  1,
                  2004. 

              


      

      


      
        	
                26.

              	
                Community
                  Gas System Installation Agreement – Avonlea Subdivision, dated July 11,
                  2006, between Sonterra Energy Corp. and Oblate/2673 Partners, Ltd.
                  

              


      

      


      
        	
                27.

              	
                First
                  Amendment to The Community Gas System Installation Agreement between
                  Oblate/2673 Partners, Ltd. and Sonterra Energy Corp., dated June
                  1, 2007 –
                  Unit 4 of Ensenada Shores at Canyon Lake Subdivision.
                  

              


      

      


      
        	
                28.

              	
                Lago
                  Vista Propane System Installation Agreement, dated October 5, 2006,
                  between Sonterra Energy Corp. and Lago Vista Town Center, L.P.
– Lago
                  Vista Town Center. 

              


      

      


      
        	
                29.

              	
                Independent
                  Contractor Agreement, dated January 31, 2007, between Sonterra
                  Energy
                  Corp. and Guadalupe Valley Telephone Cooperative.
                  

              


      

      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
 

      EXHIBIT
        “C”

      


      Real
        Property

      


      Leases

      


      
        	
                1.

              	
                Lease
                  Agreement, dated October 2, 1998, between RTNT, Inc. (predecessor
                  in
                  interest to Hornsby Bend Utility Company, Inc.), as Landlord, and
                  SuPro
                  Energy Company (predecessor in interest to ONEOK Propane Distribution
                  Company), as Tenant – Austin’s Colony Phase II Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                2.

              	
                Leasehold
                  interest under that certain Propane Service Agreement, dated September
                  10,
                  1998, between Southern Union Company (predecessor in interest to
                  ONEOK
                  Propane Distribution Company) and HBH Development – Austin’s Colony Phase
                  II Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                3.

              	
                Lease
                  Agreement, dated September 30, 2004, between ONEOK Propane Distribution
                  Company and Falcon of Lake Travis, Inc. – Costa Bella Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                4.

              	
                Leasehold
                  interest under that certain Propane Service Agreement, dated March
                  23,
                  1999, between Southern Union Company (predecessor in interest to
                  ONEOK
                  Propane Distribution Company) and Falcon of Lake Travis, Inc. – Costa
                  Bella Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                5.

              	
                Lease
                  Agreement, dated as of October 1, 2004, between ONEOK Propane Distribution
                  Company and Jacarandas at the Creek Owners’ Association, Inc. – Jacarandas
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                6.

              	
                Leasehold
                  interest under that certain Master Installation Agreement, dated
                  December
                  12, 2000, between Southern Union Company (predecessor in interest
                  to ONEOK
                  Propane Distribution Company) and Jacarandas at the Creek – Chris Milan
                  Property – Jacarandas Subdivision, and transferred, assigned, and conveyed
                  to Seller by Assignment, Conveyance, and Bill of Sale effective
                  October 1,
                  2004. 

              


      

      


      
        	
                7.

              	
                Leasehold
                  interest under that certain Master Installation Agreement, dated
                  December
                  31, 2001, between Southern Union Company (predecessor in interest
                  to ONEOK
                  Propane Distribution Company) and TEBO, L.P. – Lake Pointe Subdivision,
                  and transferred, assigned, and conveyed to Seller by Assignment,
                  Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                8.

              	
                Leasehold
                  interest under that certain Master Installation Agreement, dated
                  July 2,
                  1999, between Southern Union Company (predecessor in interest to
                  ONEOK
                  Propane Distribution Company) and La Ventana Driftwood, L.P. – La Ventana
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                9.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated September 27, 1999, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and Toll
                  Bros., Inc. – Lakewinds Estates Sections 1, 2 and 3 Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                10.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated July 9, 1999, between Southern Union Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and
                  Silvercreek Partners I, Ltd. – Northshore on Lake Travis Phase I
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                11.

              	
                Tank
                  Site Lease Agreement, dated December 10, 2003, between Mini-Me
                  Management,
                  Ltd., as Landlord, and ONEOK Propane Distribution Company, as Tenant
–
                  Riverbend Subdivision, and transferred, assigned, and conveyed
                  to Seller
                  by Assignment, Conveyance, and Bill of Sale effective October 1,
                  2004.
                  

              


      

      


      
        	
                12.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated August 19, 1999, between Southern Union Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and Lake
                  Austin Land and Cattle, Ltd. – Riverbend Subdivision, and transferred,
                  assigned, and conveyed to Seller by Assignment, Conveyance, and
                  Bill of
                  Sale effective October 1, 2004. 

              


      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	
                13.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated November 17, 1998, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and Parmer
                  Ridge LTD – Rob Roy Rim Subdivision, and transferred, assigned, and
                  conveyed to Seller by Assignment, Conveyance, and Bill of Sale
                  effective
                  October 1, 2004. 

              


      

      


      
        	
                14.

              	
                Leasehold
                  interest under that certain Propane Service Agreement, dated January
                  30,
                  1997, between Southern Union Company (predecessor in interest to
                  ONEOK
                  Propane Distribution Company) and Senna Hills Limited – Senna Hills
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                15.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated August 19, 1999, between Southern Union Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and E.P.
                  McCall, Jr. and Keith Schoenfelt – Sterling Acres Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                16.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated September 17, 1999, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and The
                  Volente Group of Texas LTD – The Pointe Subdivision, and transferred,
                  assigned, and conveyed to Seller by Assignment, Conveyance, and
                  Bill of
                  Sale effective October 1, 2004. 

              


      

      


      
        	
                17.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated August 4, 1999, between Southern Union Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and The
                  Preserve at Cedar Creek Canyon, Inc. – The Preserve at Barton Creek
                  Subdivision, and transferred, assigned, and conveyed to Seller
                  by
                  Assignment, Conveyance, and Bill of Sale effective October 1, 2004.
                  

              


      

      


      
        	
                18.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, dated February 21, 2000, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and
                  Lakeway 74, Ltd. – the Arbolago Subdivision, Lakeway, Texas, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                19.

              	
                Leasehold
                  interest under that certain Propane System Agreement – Cordillera Ranch
                  Subdivision, dated August 29, 2005, between Sonterra Energy Corporation
                  and Cordillera Ranch, Ltd. 

              


      

      


      
        	
                20.

              	
                Leasehold
                  interest under that certain Agreement for Gas Service System between
                  Sonterra Energy Corporation and Centex Destinations Properties
                  effective
                  December 19, 2005 for the Hollows at Northshore.
                  

              


      

      


      
        	
                21.

              	
                First
                  Amendment to the Propane System Agreement between Centex Destinations
                  Properties and Sonterra Energy effective May 2006 for the Bluffs-Phase
                  IB.
                  

              


      

      


      
        	
                22.

              	
                Leasehold
                  interest under that certain Agreement for Installation of Subdivision
                  Propane System, effective January 31, 2001, between Southern Union
                  Company
                  (predecessor in interest to ONEOK Propane Distribution Company)
                  and The
                  Hills Property Owners Association – The Hills of Lakeway Subdivision, and
                  transferred, assigned, and conveyed to Seller by Assignment, Conveyance,
                  and Bill of Sale effective October 1, 2004.


              


      

      


      
        	
                23.

              	
                Leasehold
                  interest under that certain Community Gas System Installation Agreement
–
                  Avonlea Subdivision, dated July 11, 2006, between Sonterra Energy
                  Corp.
                  and Oblate/2673 Partners, Ltd. 

              


      

      


      
        	
                24.

              	
                First
                  Amendment to The Community Gas System Installation Agreement between
                  Oblate/2673 Partners, Ltd. and Sonterra Energy Corp. dated June
                  1, 2007 –
                  Unit 4 of Ensenada Shores at Canyon Lake Subdivision.
                  

              


      

      


      
        	
                25.

              	
                Leasehold
                  interest under that certain Lago Vista Propane System Installation
                  Agreement, dated October 5, 2006, between Sonterra Energy Corp.
                  and Lago
                  Vista Town Center, L.P. – Lago Vista Town Center.
                  

              


      

      


      
        	
                26.

              	
                Independent
                  Contractor Agreement, dated January 31, 2007, between Sonterra
                  Energy and
                  Guadalupe Valley Telephone Cooperative.


              


      

      


      
        	
                27.

              	
                Lease
                  Agreement, dated April 4, 2006, between La Ventana Ranch Owners
                  Association and Sonterra Energy Corp. – La Ventana Subdivision.
                  

              


      

      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      


      Easements
        and/or
        Conveyances

       

      
        
          	 	
                  Grantor

                	
                  Grantee

                	 	
                  Date

                	
                  Recording
                    Data

                	
                   Subdivision

                
	 	 	 	 	 	 	 
	
                  1.

                	
                  Falcon
                    of Lake Travis, Inc.

                	
                  SuPro
                    Energy Company (predecessor in interest to ONEOK Propane Distribution
                    Company)

                	 	
                  January
                    4, 2000

                	
                  Doc
                    #2000010794

                	
                  Costa
                    Bella

                
	 	 	 	 	 	 	 
	
                  2.

                	
                  Toll
                    Bros., Inc.

                	
                  SuPro
                    Energy Company (predecessor in interest to ONEOK Propane Distribution
                    Company)

                	 	
                  January
                    25, 2000

                	
                   -----

                	
                  Lakewinds
                    Estates

                
	 	 	 	 	 	 	 
	
                  3.

                	
                  TEBO,
                    L.P.

                	
                  Sonterra
                    Energy Corporation

                	 	
                  Filed
                    April 22,  2005

                	
                  Doc.#
                    2005069768

                	
                  Lake
                    Pointe, Travis County

                
	 	 	 	 	 	 	 


        



      


      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      


      


      EXHIBIT
        “D”

      


      


      
        	
                1.

              	
                Cause
                  No.
                  GN500948; styled “Goodson Builders, Ltd. vs. Jim Blackwell, BNC
                  Engineering, et.
                  al., pending in the 345th
                  Judicial District Court of Travis County, Texas.  This case
                  involves a claim that Defendant, Toll Brothers Property, LP sold
                  the
                  Plaintiff property without disclosing a propane easement.  The
                  Plaintiff sued Sonterra for trespassing through the use of the
                  easement.  Recently, the Plaintiff came up with a new theory
                  that the tank was not set back sufficiently pursuant to the Railroad
                  Commission Rules, but Defendant, Jim Blackwell, has discussed this
                  with
                  the Railroad Commission and states that the Railroad Commission
                  agrees
                  with him that the setback is proper.  Once this has been
                  confirmed in writing from Railroad Commission, the case against
                  Sonterra
                  will be over. 

              


      

      


      
        	
                2.

              	
                Cause
                  No.
                  GM501625; styled “Senna Hills, Ltd. vs. Sonterra Energy Corp.”,
                  pending in the 53rd
                  Judicial District Court of Travis County, Texas and GN501626;
                  styled “HBH Development Co.”, pending in the 98th
                  Judicial District Court of Travis County, Texas.  Both lawsuits
                  were filed against Sonterra involving the same claims by Plaintiffs
                  in
                  both cases arising from the same propane service
                  agreement.  To-date on the Senna Hills matter, Sonterra has
                  taken the Plaintiff’s expert deposition and is in the process of preparing
                  a summary judgment to resolve remaining issues.  These separate
                  lawsuits have been consolidated into one (1) lawsuit for purposes
                  of
                  trial, which has been reset for the end of March 2008.
                  

              


      

      


      
        	
                3.

              	
                Purchase
                  Price Fee equal to two percent (2%) of the purchase price owed
                  to Jason
                  Jones pursuant to that one certain Consulting Agreement, dated
                  November 1,
                  2007, by and between Sonterra Energy Corporation as client and
                  Jason Jones
                  as consultant. 

              


      

      


      
        	
                4.

              	
                All
                  sums due, outstanding and owed for legal services provided through
                  the
                  Closing Date, specifically any and all sums due and owing to the
                  firm of
                  Strasburger & Price, LLP. 

              


      

      


      
        	
                5.

              	
                All
                  sums due, outstanding and owed for accounting services provided
                  through
                  the Closing Date, specifically any and all sums due and owing to
                  Sam
                  Simon. 

              


      

      


      
        	
                6.

              	
                All
                  other debts, obligations, trade payables and/or other sums incurred,
                  due,
                  outstanding, and owing as of the Closing Date, save and except
                  propane
                  inventory and delivery charges incurred from and after December
                  11, 2007,
                  which costs and charges shall be paid by Purchaser.
                  

              


      

      


      


      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      


      


      EXHIBIT
        “E”

      


      Pending
        Litigation

      


      


      
        	
                1.

              	
                Cause
                  No.
                  GN500948; styled “Goodson Builders, Ltd. vs. Jim Blackwell, BNC
                  Engineering, et.
                  al., pending in the 345th
                  Judicial District Court of Travis County, Texas.  This case
                  involves a claim that Defendant, Toll Brothers Property, LP sold
                  the
                  Plaintiff property without disclosing a propane easement.  The
                  Plaintiff sued Sonterra for trespassing through the use of the
                  easement.  Recently, the Plaintiff came up with a new theory
                  that the tank was not set back sufficiently pursuant to the Railroad
                  Commission Rules, but Defendant, Jim Blackwell, has discussed this
                  with
                  the Railroad Commission and states that the Railroad Commission
                  agrees
                  with him that the setback is proper.  Once this has been
                  confirmed in writing from Railroad Commission, the case against
                  Sonterra
                  will be over. 

              


      

      


      
        	
                2.

              	
                Cause
                  No.
                  GM501625; styled “Senna Hills, Ltd. vs. Sonterra Energy Corp.”,
                  pending in the 53rd
                  Judicial District Court of Travis County, Texas and GN501626;
                  styled “HBH Development Co.”, pending in the 98th
                  Judicial District Court of Travis County, Texas.  Both lawsuits
                  were filed against Sonterra involving the same claims by Plaintiffs
                  in
                  both cases arising from the same propane service
                  agreement.  To-date on the Senna Hills matter, Sonterra has
                  taken the Plaintiff’s expert deposition and is in the process of preparing
                  a summary judgment to resolve remaining issues.  These separate
                  lawsuits have been consolidated into one (1) lawsuit for purposes
                  of
                  trial, which has been reset for the end of March 2008.
                  

              


      

      


      


      


      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
        “F”

      
        


        
          	
                  SONTERRA
                    ENERGY
                    CORPORATION

                	
                   

                
	
                  FINANCIAL
                    STATEMENTS

                	
                   

                
	
                  SEPTEMBER
                    30,
                    2007

                	
                   

                
	
                  (Unaudited)

                	
                   

                


        

         

        
          	
                  Sonterra
                    Energy
                    Corporation

                	
                   

                
	
                  Balance
                    Sheet

                	
                   

                
	
                  September
                    30,
                    2007

                	
                   

                
	
                  (Unaudited)

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                
	
                  ASSETS

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                
	
                  Current
                    Assets

                	
                   

                	
                   

                	
                   

                
	
                  
                    Cash

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    17,478

                  

                	
                  
                     

                  

                
	
                  
                    Accounts
                      Receivable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    109,384

                  

                	
                  
                     

                  

                
	
                  
                    Other
                      Receivables

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    14,182

                  

                	
                  
                     

                  

                
	
                  
                    Inventory

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    102,315

                  

                	
                  
                     

                  

                
	
                  
                    Prepaid
                      Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    23,513

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Current
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    266,872

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Property
                      and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Machinery
                      and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    67,685

                  

                	
                  
                     

                  

                
	
                  
                    Computers
&
Related
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    34,491

                  

                	
                  
                     

                  

                
	
                  
                    Trucks,
                      Autos and
                      Trailers

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    126,464

                  

                	
                  
                     

                  

                
	
                  
                    Leasehold
                      Improvements

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,485

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Furniture and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,506

                  

                	
                  
                     

                  

                
	
                  
                    Storage
                      Sheds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,500

                  

                	
                  
                     

                  

                
	
                  
                    Tanks
                      and Lines - Propane
                      Distribution System

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,939,750

                  

                	
                  
                     

                  

                
	
                  
                    Total

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,192,881

                  

                	
                  
                     

                  

                
	
                  
                    Less:  Accumulated
                      Depreciation

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    344,994

                  

                	
                  
                     

                  

                
	
                  
                    Net
                      Property and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,847,887

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Other
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Deposits

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,550

                  

                	
                  
                     

                  

                
	
                  
                    Goodwill

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    358,509

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Other
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    361,059

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Assets

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,475,818

                  

                	
                  
                     

                  

                


        

        
          	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    LIABILITIES
                      AND STOCKHOLDER'S
                      EQUITY

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Current
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Accounts
                      Payable

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    184,854

                  

                	
                  
                     

                  

                
	
                  
                    Accounts
                      Payable -
                      Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    237

                  

                	
                  
                     

                  

                
	
                  
                    Accrued
                      Expenses
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    26,351

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      Taxes Withheld and
                      Accrued

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    56

                  

                	
                  
                     

                  

                
	
                  
                    Customer
                      Deposits

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,350

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Current
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    221,848

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Long-Term
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    -

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    221,848

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Stockholder's
                      Equity

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Common
                      Stock

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,000

                  

                	
                  
                     

                  

                
	
                  
                    Additional
                      Paid-in
                      Capital

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,521,398

                  

                	
                  
                     

                  

                
	
                  
                    Accumulated  (Deficit)

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (534,582

                  

                	
                  
                    )

                  

                
	
                  
                    Net
                      Income - Current
                      Period

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    266,154

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Stockholder's
                      Equity

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,253,970

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Liabilities and
                      Stockholder's Equity

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,475,818

                  

                	
                  
                     

                  

                


        

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        


        
          	
                  Sonterra
                    Energy
                    Corp.

                	
                   

                
	
                  Condensed
                    Statement of Income by
                    Quarter

                	
                   

                
	
                  For
                    the Year Ended December 31,
                    2007

                	
                   

                
	
                  (Unaudited)

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                  Quarter

                	
                   

                	
                   

                	
                  Quarter

                	
                   

                	
                   

                	
                  Quarter

                	
                   

                	
                   

                	
                  Nine
                    Mths

                	
                   

                
	
                   

                	
                   

                	
                  Ended

                	
                   

                	
                   

                	
                  Ended

                	
                   

                	
                   

                	
                  Ended

                	
                   

                	
                   

                	
                  Ended

                	
                   

                
	
                   

                	
                   

                	
                  Mar.
                    31,
                    2007

                	
                   

                	
                   

                	
                  Jun.
                    30,
                    2007

                	
                   

                	
                   

                	
                  Sep.
                    30,
                    2007

                	
                   

                	
                   

                	
                  Sep.
                    30,
                    2007

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  
                    Sales

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    1,045,776

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    426,716

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    366,356

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    1,838,848

                  

                	
                  
                     

                  

                
	
                  
                    Cost
                      of
                      Sales

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    561,496

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    199,361

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    205,978

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    966,835

                  

                	
                  
                     

                  

                
	
                  
                    Gross
                      Profit

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    484,280

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    227,355

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    160,378

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    872,013

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Operating
                      Overhead

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    73,796

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    65,385

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    74,525

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    213,706

                  

                	
                  
                     

                  

                
	
                  
                    Selling,
                      General and
                      Administrative

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    98,252

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    133,115

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    74,994

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    306,361

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    172,048

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    198,500

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    149,519

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    520,067

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Net
                      Income from
                      Operations

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    312,232

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    28,855

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,859

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    351,946

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Other
                      Income
                      (Expenses)

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,947

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,755

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,708

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    EBITDA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    312,238

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    35,802

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,614

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    363,654

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Interest

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    607

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    872

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    392

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,871

                  

                	
                  
                     

                  

                
	
                  
                    Depreciation

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    31,548

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    32,205

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    31,876

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    95,629

                  

                	
                  
                     

                  

                
	
                  
                    Total

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    32,155

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    33,077

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    32,268

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    97,500

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Net
                      Income
                      (Loss)

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    280,083

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,725

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    (16,654

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    266,154

                  

                	
                  
                     

                  

                


        

         

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

        SONTERRA
          ENERGY
          CORPORATION

        BALANCE
          SHEET

        SEPTEMBER
          30, 2007

        


        


        


        
          	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  ASSETS

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  Current
                    Assets

                	
                   

                	
                   

                	
                   

                
	
                  
                     

                  

                	
                  
                    Bank
                      of
                      Am-Chking-8855

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    17,478.17

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accounts
                      Receivable -
                      CUSI

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    109,384.46

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accts.
                      Rec. CUSI Prpd
                      Dept

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    810.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accounts
                      Receivable -
                      Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,867.80

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Employee
                      Advances

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,503.33

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Inventory
                      -
                      Propane

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    102,314.93

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Deposits
                      - W/C
                      Ins

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,981.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,501.77

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Insurance

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,892.33

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Rent

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,750.04

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Const.
                      Costs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,387.88

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Current
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    266,871.71

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Property
                      and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Machinery
&
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    64,080.45

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Cell
                      Phones &
                      Pagers

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,228.56

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Computers
&
Related
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    34,490.42

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Leasehold
                      Improvements

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,484.92

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Trucks
                      Autos &
                      Trailers

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    126,464.38

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Office
                      Furn &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,007.07

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Storage
                      Sheds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,500.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Tanks,
                      Lines - Prop Dist
                      Sys

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,939,749.98

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Signs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,604.32

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Website

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,270.29

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Mach &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (32,860.75

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Cells &
                      Pagrs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (624.75

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Comp &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (14,438.73

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Leasehold
                      Impr.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (2,547.27

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Trk Aut &
                      Trl

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (62,043.74

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Off Furn &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (3,802.96

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Storage
                      Sheds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (4,375.00

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Tanks,
                      Lines

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (222,000.50

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. -
                      Signs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (1,558.71

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. -
                      Website

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (741.15

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Property and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,847,886.83

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Other
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Security
                      Deposits

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,550.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Goodwill

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    358,509.34

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Other
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    361,059.34

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Assets

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,475,817.88

                  

                	
                  
                     

                  

                


           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

          	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  LIABILITIES
                    AND MEMBERS'
                    EQUITY

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  Current
                    Liabilities

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  
                     

                  

                	
                  
                    Accounts
                      Payable

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    184,854.40

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    VISA
                      -
                      BOA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    236.98

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      Expense
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,205.44

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      Salary
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,241.28

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      PR Tax Accr
                      Sal

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    903.95

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Federal
                      Withholding
                      Taxes

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13.96

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    FICA/Med
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38.26

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    FUTA
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    TX
                      Unempl
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1.56

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      Cordillera Tap
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,000.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Customer
                      Deposits

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,350.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Current
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    221,847.83

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Long-Term
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Long-Term
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    -

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    221,847.83

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Members'
                      Equity

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Common
                      Stock

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,000.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Addl
                      Paid-in
                      Capital

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,521,398.06

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Retained
                      Earnings

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (534,582.20

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Net
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    266,154.19

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Members'
                      Equity

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,253,970.05

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Liabilities & Members'
                      Equity

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,475,817.88

                  

                	
                  
                     

                  

                


        

        


         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        SONTERRA
          ENERGY
          CORPORATION

        INCOME
          STATEMENT

        FOR
          THE NINE MONTHS ENDING SEPTEMBER 30, 2007

        


        


        
          	
                   

                	
                   

                	
                  Current
                    Quarter

                	
                   

                	
                   

                	
                  Year
                    to
                    Date

                	
                   

                
	
                  Revenues

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  
                    Propane
                      Sales - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    26,500.34

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    182,524.54

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Austins
                      Colony

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    30,469.06

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    157,368.96

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    26,398.63

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    158,476.70

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,369.81

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    26,588.76

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    21,029.61

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    105,414.63

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    47,665.52

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    304,448.81

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,711.39

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    62,602.45

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Prsrv @
                      Barton

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,942.51

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    73,798.58

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Sterling
                      Acres

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,573.39

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    24,080.85

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,987.63

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    53,778.93

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    920.88

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,799.92

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,850.09

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    32,088.97

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,654.83

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    23,545.81

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,095.18

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,881.16

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    23,057.53

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    119,123.21

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,931.48

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    20,481.35

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,259.95

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    20,707.45

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Austins
                      Colony

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,780.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38,572.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,594.23

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,474.23

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    990.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,970.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,590.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,675.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,360.06

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    33,455.06

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,025.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,090.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Prsrv @
                      Barton

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,890.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,590.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Sterling
                      Acres

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    945.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,850.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,650.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,312.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    450.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,395.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,125.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,360.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    630.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,665.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    315.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    892.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc.
                      -  Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,300.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    18,017.28

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc.
                      -  Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    555.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,035.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,900.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,877.50

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Austins
                      Colony

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    700.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,735.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    385.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,215.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    150.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    200.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,712.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,085.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,265.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    910.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Prsrv @
                      Barton

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    465.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Sterling
                      Acres

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    360.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,010.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    125.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Caslano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,481.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    200.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    300.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,025.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    23,976.50

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    200.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,077.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Avonlea

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    183.00

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                  
                    Fin.
                      Chg. Inc. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    170.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    620.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Austins
                      Colon

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,380.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,935.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    110.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    245.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    35.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    155.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    135.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    485.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    355.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,400.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    75.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    210.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Prsrv @
                      Barto

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    60.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    170.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Sterling
                      Acre

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    185.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    70.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    225.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    30.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    115.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    25.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    155.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    30.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    100.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    65.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    120.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    370.00

                  

                	
                  
                     

                  

                
	
                  
                    Construction
                      Svcs.
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,000.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,480.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    33,667.50

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Austins
                      Col

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,425.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,750.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (279.00

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,010.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,150.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,865.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,400.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,400.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,381.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,762.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,400.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,200.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,160.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    56,509.50

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,509.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    16,996.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Avonlea

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,000.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    45,216.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Lago
                      Vista

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,817.50

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Esp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    29,000.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    29,000.00

                  

                	
                  
                     

                  

                
	
                  
                    Sales
                      Allowances

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (984.14

                  

                	
                  
                    )

                  

                
	
                  
                    Utility
                      Installation
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,283.46

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    40,565.94

                  

                	
                  
                     

                  

                
	
                  
                    Interest
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    27.03

                  

                	
                  
                     

                  

                
	
                  
                    Misc.
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,094.75

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,094.75

                  

                	
                  
                     

                  

                
	
                  
                    Recover
                      Prior Period
                      Debt

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38.40

                  

                	
                  
                     

                  

                
	
                  
                    Gain
                      - Sale of
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    113.30

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Revenues

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    371,111.33

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,850,555.93

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  
                    Cost
                      of
                      Sales

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Senna

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,272.88

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    97,970.54

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Austin

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,721.86

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    88,604.96

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,844.98

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    119,939.17

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Rob
                      Roy

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,382.55

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    14,580.90

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,897.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    67,474.83

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Lake
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    33,588.88

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    173,463.70

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,948.74

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    37,758.33

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Preserves

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,099.04

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    41,602.15

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Sterling

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,980.85

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    14,817.26

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Jacaranda

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,141.05

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Hills
                      Lake

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,698.85

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,049.38

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,264.10

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,952.79

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,953.02

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    64,386.55

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,821.24

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    28,086.43

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Avonlea

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    930.64

                  

                	
                  
                     

                  

                
	
                  
                    COS:Meters
&
                      Supplies

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,426.03

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,480.74

                  

                	
                  
                     

                  

                
	
                  
                    COS:Materials

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    29,434.31

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    57,532.74

                  

                	
                  
                     

                  

                
	
                  
                    COS:Site
                      Preparation

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    657.98

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,469.65

                  

                	
                  
                     

                  

                
	
                  
                    COS:Construct.
                      Svcs.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    200.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,750.00

                  

                	
                  
                     

                  

                
	
                  
                    COS:Engineer/Design

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,467.45

                  

                	
                  
                     

                  

                
	
                  
                    COS:Depreciation
                      Exp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,141.81

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    57,425.43

                  

                	
                  
                     

                  

                
	
                  
                    COS:Insurance
                      -
                      W/C

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,036.06

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,638.12

                  

                	
                  
                     

                  

                
	
                  
                    COS:Sal.
&
                      Wages-Hourly

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    49,416.70

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    103,822.11

                  

                	
                  
                     

                  

                
	
                  
                    COS:Sal.
&
                      Wages-Salary

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (15,684.53

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                
	
                  
                    COS:P/R
                      Tax -
                      FICA/Med

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,483.63

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,638.25

                  

                	
                  
                     

                  

                
	
                  
                    COS:P/R
                      Tax -
                      FUTA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    66.20

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    402.39

                  

                	
                  
                     

                  

                
	
                  
                    COS:P/R
                      Tax - TX
                      Unemp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    364.96

                  

                	
                  
                     

                  

                
	
                  
                    Inventory
                      Adj.
                      (Propane)

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,467.07

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (18,284.93

                  

                	
                  
                    )

                  

                
	
                  
                    GCTV
                      COS:Materials

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    794.83

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Cost of
                      Sales

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    225,119.75

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,024,260.42

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Gross
                      Profit

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    145,991.58

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    826,295.51

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Computer
                      Supplies -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    83.69

                  

                	
                  
                     

                  

                
	
                  
                    Cust.
                      Comm. Svcs. -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    353.16

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,104.22

                  

                	
                  
                     

                  

                
	
                  
                    Depreciation
                      Exp -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,049.68

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    30,149.06

                  

                	
                  
                     

                  

                
	
                  
                    Empl.
                      Benefits - Retire -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1.71

                  

                	
                  
                     

                  

                
	
                  
                    Equipment
                      Rental -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,357.03

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,079.84

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - Med/Life -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,198.44

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,627.65

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - Casualty -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,504.20

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    46,583.00

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - W/C -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (1,183.74

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    813.65

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - Auto -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,595.49

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,786.47

                  

                	
                  
                     

                  

                
	
                  
                    Management
                      Fee -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    100.00

                  

                	
                  
                     

                  

                
	
                  
                    Meals
&
Ent.
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,184.58

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,443.47

                  

                	
                  
                     

                  

                
	
                  
                    Meters
&
Supplies
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    55.78

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    353.73

                  

                	
                  
                     

                  

                
	
                  
                    Meter
                      Reading -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,224.86

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,885.71

                  

                	
                  
                     

                  

                
	
                  
                    Misc.
                      Exp. -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    358.65

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Supplies -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    91.54

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,024.90

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      - Oper -
                      Salary

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,587.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    36,575.00

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - FICA/Med -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    749.33

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,606.04

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - FUTA -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    56.00

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - TX Unempl -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    56.24

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                  
                    Rent
                      Expense -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,183.29

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,905.29

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,165.41

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,450.30

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      Auto

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,569.14

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,791.17

                  

                	
                  
                     

                  

                
	
                  
                    Safety
&
Env
                      Compliance -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,486.71

                  

                	
                  
                     

                  

                
	
                  
                    Sm.
                      Tools & Supp. -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    486.27

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,893.96

                  

                	
                  
                     

                  

                
	
                  
                    Tank
                      Monitoring -
                        Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    956.25

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,231.25

                  

                	
                  
                     

                  

                
	
                  
                    Telephone
                      - Oper -
                      Debba

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    97.47

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    264.49

                  

                	
                  
                     

                  

                
	
                  
                    Telephone-Oper-Dripping

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    303.31

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    568.64

                  

                	
                  
                     

                  

                
	
                  
                    Telephone
                      - Cellular -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,049.35

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,205.86

                  

                	
                  
                     

                  

                
	
                  
                    Telephone-SA
                      Office

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,391.42

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,152.62

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Mileage/Veh
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,774.82

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    32,718.55

                  

                	
                  
                     

                  

                
	
                  
                    Travel
                      - Lodging -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,491.59

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,592.90

                  

                	
                  
                     

                  

                
	
                  
                    Travel
                      - Meals & Ent -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    468.62

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    624.41

                  

                	
                  
                     

                  

                
	
                  
                    Uniforms

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    777.64

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,262.62

                  

                	
                  
                     

                  

                
	
                  
                    Waste
&
Sewer
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    169.13

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    672.76

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      GCTV

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    76.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    426.50

                  

                	
                  
                     

                  

                
	
                  
                    Supplies
                      - Oper -
                      GCTV

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    80.62

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Sales-Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5.40

                  

                	
                  
                     

                  

                
	
                  
                    Bank
                      Service
                      Charges

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,390.42

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,582.26

                  

                	
                  
                     

                  

                
	
                  
                    Collection
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    239.82

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    491.44

                  

                	
                  
                     

                  

                
	
                  
                    Commissions
                      and
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    61.80

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    71.80

                  

                	
                  
                     

                  

                
	
                  
                    Computer
&
Internet
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    664.97

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,824.18

                  

                	
                  
                     

                  

                
	
                  
                    Computer
                      Repairs &
                      Supplies

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    357.55

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    357.55

                  

                	
                  
                     

                  

                
	
                  
                    Empl.
                      Drug Test Saf &
                      Comp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    203.00

                  

                	
                  
                     

                  

                
	
                  
                    Depreciation
                      Exp -
                      G&A

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,685.09

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,055.23

                  

                	
                  
                     

                  

                
	
                  
                    Dues
&
                      Subscriptions

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    445.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    445.00

                  

                	
                  
                     

                  

                
	
                  
                    Electricity
                      - Office -
                      SA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    180.31

                  

                	
                  
                     

                  

                
	
                  
                    Electricity-Dripping

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    216.30

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    216.30

                  

                	
                  
                     

                  

                
	
                  
                    Empl.
                      Benefits -
                      Retirement

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    21.73

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    27.33

                  

                	
                  
                     

                  

                
	
                  
                    Franchise
                      Fee

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,790.74

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,423.60

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      -
                      Med/Life

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,992.30

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,089.48

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - W/C -
                      G&A

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    176.32

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    58.20

                  

                	
                  
                     

                  

                
	
                  
                    Interest
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    391.89

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,870.92

                  

                	
                  
                     

                  

                
	
                  
                    Legal
                      Fees &
                      Costs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,031.03

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    93,627.59

                  

                	
                  
                     

                  

                
	
                  
                    Licenses,
                      Taxes &
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    350.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,467.35

                  

                	
                  
                     

                  

                
	
                  
                    Merchant
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,264.30

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,010.24

                  

                	
                  
                     

                  

                
	
                  
                    Meals
&
                      Entertainment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    77.25

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,209.88

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    49.63

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    69.07

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Supplies
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,059.74

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,539.57

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      - Gen &
                      Adm

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    26,996.40

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    77,910.00

                  

                	
                  
                     

                  

                
	
                  
                    Employee
                      Stock
                      Bonus

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    26,500.00

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      Process.
                      Exp.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    516.52

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,871.39

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax -
                      FICA/Med

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,059.92

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,941.68

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax -
                      FUTA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    24.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    115.81

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - TX Unempl -
                      Gen

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    22.32

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    106.93

                  

                	
                  
                     

                  

                
	
                  
                    Postage
&
Exp.
                      Shipping

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,517.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,654.96

                  

                	
                  
                     

                  

                
	
                  
                    Rent
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,900.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    29,700.00

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      Autos

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    52.66

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    450.83

                  

                	
                  
                     

                  

                
	
                  
                    Security
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    887.50

                  

                	
                  
                     

                  

                
	
                  
                    Storage
                      Rental

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    450.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,227.05

                  

                	
                  
                     

                  

                
	
                  
                    Taxes
                      -
                      Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,013.00

                  

                	
                  
                     

                  

                
	
                  
                    Taxes
                      -
                      Penalty

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    100.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,381.70

                  

                	
                  
                     

                  

                
	
                  
                    Tax
                      Prep
                      Fee

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,013.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,013.00

                  

                	
                  
                     

                  

                
	
                  
                    Telephone-River
                      Bend

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (95.82

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                
	
                  
                    Telephones-Cell
                      Phones

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    364.52

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,243.61

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Mileage/Vehicles

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,708.11

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,944.16

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Meals
&
                      Entertainment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    322.32

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    14.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    14.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    162,645.57

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    560,141.32

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Net
                      Income

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    (16,653.99

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    266,154.19

                  

                	
                  
                     

                  

                


        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        SONTERRA
          ENERGY
          CORPORATION

        BALANCE
          SHEET

        JUNE30,
          2007

        


        


        
          	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  ASSETS

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  Current
                    Assets

                	
                   

                	
                   

                	
                   

                
	
                  
                     

                  

                	
                  
                    Bank
                      of
                      Am-Chking-8855

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    41,499.49

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accounts
                      Receivable -
                      CUSI

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    126,961.77

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accts.
                      Rec. CUSI Prpd
                      Dept

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    150.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accounts
                      Receivable -
                      Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,840.61

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accts
                      Rec - Cord Tap
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,000.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Employee
                      Advances

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,753.33

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Inter-Co.
                      Ln -
                      TOGC

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,911,279.14

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Inventory
                      -
                      Propane

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    115,782.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Deposits
                      - W/C
                      Ins

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,981.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,642.92

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Insurance

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    28,141.74

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Rent

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,083.33

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Interest

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    395.10

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Prepaid
                      Const.
                      Costs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,709.64

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Current
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,266,220.07

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Property
                      and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Machinery
&
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    64,080.45

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Cell
                      Phones &
                      Pagers

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,228.56

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Computers
&
Related
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    34,490.42

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Leasehold
                      Improvements

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,484.92

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Trucks
                      Autos &
                      Trailers

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    126,464.38

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Office
                      Furn &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,007.07

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Storage
                      Sheds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,500.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Tanks,
                      Lines - Prop Dist
                      Sys

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,913,162.78

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Signs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,604.32

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Website

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,270.29

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Mach &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (29,689.50

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Cells &
                      Pagrs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (563.32

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Comp &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (12,645.58

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Leasehold
                      Impr.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (2,173.03

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Trk Aut &
                      Trl

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (55,720.52

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Off Furn &
                      Eqp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (3,452.61

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Storage
                      Sheds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (4,000.00

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. - Tanks,
                      Lines

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (202,858.69

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. -
                      Signs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (1,378.50

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Accum.
                      Depr. -
                      Website

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (635.23

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Property and
                      Equipment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,853,176.21

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Other
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Security
                      Deposits

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,500.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Goodwill

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    358,509.34

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Other
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    361,009.34

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Assets

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    5,480,405.62

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    LIABILITIES
                      AND MEMBERS'
                      EQUITY

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Current
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accounts
                      Payable

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    139,549.87

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    AP
                      -
                      Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    350.20

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    VISA
                      -
                      BOA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    372.42

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      Expense
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,415.33

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      Salary
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    14,602.16

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      PR Tax Accr
                      Sal

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,161.06

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Federal
                      Withholding
                      Taxes

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13.96

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    FICA/Med
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38.26

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    FUTA
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    TX
                      Unempl
                      Payable

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1.56

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Inter
                      Co Ln -
                      TOGC

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    509,590.03

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Accrued
                      Cordillera Tap
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,000.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Customer
                      Deposits

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,150.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    N/P
                      -
                      SWBC/Prog

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,162.20

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Current
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    690,409.05

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Long-Term
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Long-Term
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Liabilities

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    690,409.05

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Members'
                      Equity

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Common
                      Stock

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,000.00

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Addl
                      Paid-in
                      Capital

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,040,770.59

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Retained
                      Earnings

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (534,582.20

                  

                	
                  
                    )

                  

                
	
                  
                     

                  

                	
                  
                    Net
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    282,808.18

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Members'
                      Equity

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,789,996.57

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                    Total
                      Liabilities & Members'
                      Equity

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,480,405.62

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        SONTERRA
          ENERGY
          CORPORATION

        INCOME
          STATEMENT

        FOR
          THE SIX MONTHS ENDING
          JUNE30,
          2007

        


        


        
          	
                   

                	
                   

                	
                  Current
                    Quarter

                	
                   

                	
                   

                	
                  Year
                    to
                    Date

                	
                   

                
	
                  Revenues

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  
                    Propane
                      Sales - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    37,352.70

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    156,024.20

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Austins
                      Colony

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    35,073.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    126,899.90

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    36,730.52

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    132,078.07

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,100.05

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    22,218.95

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    24,279.55

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    84,385.02

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    64,476.96

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    256,783.29

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,571.32

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    55,891.06

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Prsrv @
                      Barton

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,890.63

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    64,856.07

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Sterling
                      Acres

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,022.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    20,507.46

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,915.32

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    45,791.30

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,372.20

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,879.04

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,696.31

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    28,238.88

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,101.24

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    18,890.98

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,601.07

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,785.98

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    27,877.88

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    96,065.68

                  

                	
                  
                     

                  

                
	
                  
                    Propane
                      Sales -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,823.91

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,549.87

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,922.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,447.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Austins
                      Colony

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,712.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    25,792.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,410.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,880.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    990.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,980.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,545.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,085.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,160.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    22,095.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,025.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,065.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Prsrv @
                      Barton

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,825.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,700.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Sterling
                      Acres

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    960.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,905.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,657.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,662.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    450.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    945.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,155.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,235.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    510.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,035.00

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    285.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    577.50

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc.
                      -  Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,122.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,717.28

                  

                	
                  
                     

                  

                
	
                  
                    Service
                      Inc.
                      -  Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    165.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    480.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,500.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,977.50

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Austins
                      Colony

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    550.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,035.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    520.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    830.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    100.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    200.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,512.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,555.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,180.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    860.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Prsrv @
                      Barton

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    175.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    465.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Sterling
                      Acres

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    250.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,650.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    125.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Caslano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,431.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    100.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    700.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    22,951.50

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    250.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,877.00

                  

                	
                  
                     

                  

                
	
                  
                    Install
                      Svc. -
                      Avonlea

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    133.00

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                  
                    Fin.
                      Chg. Inc. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    240.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    450.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Austins
                      Colon

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,710.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,555.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    60.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    135.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Rob Roy
                      Rim

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    60.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    120.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    215.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    350.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    490.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,045.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    70.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    135.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Prsrv @
                      Barto

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    40.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    110.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Sterling
                      Acre

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    65.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    135.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Arbolago

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    60.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    155.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Jacarandas

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    35.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    85.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - Hills
                      Lakeway

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    60.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    130.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    40.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    70.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50.00

                  

                	
                  
                     

                  

                
	
                  
                    Fin.
                      Chg. Inc. -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    130.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    250.00

                  

                	
                  
                     

                  

                
	
                  
                    Construction
                      Svcs.
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (2,000.00

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (2,000.00

                  

                	
                  
                    )

                  

                
	
                  
                    Construct.
                      Svcs. - Senna
                      Hills

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    16,687.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    30,187.50

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Austins
                      Col

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,425.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,425.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,750.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,750.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,289.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,289.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Lake
                      Point

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,200.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,715.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,381.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - The
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,800.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,800.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,899.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    47,349.50

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,166.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,487.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. -
                      Avonlea

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,216.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    32,216.00

                  

                	
                  
                     

                  

                
	
                  
                    Construct.
                      Svcs. - Lago
                      Vista

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,817.50

                  

                	
                  
                     

                  

                
	
                  
                    Sales
                      Allowances

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (140.76

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (984.14

                  

                	
                  
                    )

                  

                
	
                  
                    Utility
                      Installation
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    22,178.11

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    30,282.48

                  

                	
                  
                     

                  

                
	
                  
                    Interest
                      Income

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    20.57

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    27.03

                  

                	
                  
                     

                  

                
	
                  
                    Recover
                      Prior Period
                      Debt

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38.40

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38.40

                  

                	
                  
                     

                  

                
	
                  
                    Gain
                      - Sale of
                      Assets

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    113.30

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    113.30

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Revenues

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    433,662.78

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,479,444.60

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                


        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

         

        
          	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  Cost
                    of
                    Sales

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  
                    COS:Propane

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (527,951.17

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Senna

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    84,697.66

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    84,697.66

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Austin

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    78,883.10

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    78,883.10

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Costa
                      Bella

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    107,094.19

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    107,094.19

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Rob
                      Roy

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,198.35

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    13,198.35

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - La
                      Ventana

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    53,577.33

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    53,577.33

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Lake
                      Pointe

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    139,874.82

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    139,874.82

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Lakewinds

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    33,809.59

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    33,809.59

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Preserves

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    37,503.11

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    37,503.11

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Sterling

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,836.41

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,836.41

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Jacaranda

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,141.05

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,141.05

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      - Hills
                      Lake

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    17,350.53

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    17,350.53

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Casalano

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,688.69

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,688.69

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Hollows

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    54,433.53

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    54,433.53

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Cordillera

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,265.19

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,265.19

                  

                	
                  
                     

                  

                
	
                  
                    COS:Propane
                      -
                      Avonlea

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    930.64

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    930.64

                  

                	
                  
                     

                  

                
	
                  
                    COS:Meters
&
                      Supplies

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,426.65

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,054.71

                  

                	
                  
                     

                  

                
	
                  
                    COS:Materials

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,588.28

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    28,098.43

                  

                	
                  
                     

                  

                
	
                  
                    COS:Site
                      Preparation

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,112.01

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,811.67

                  

                	
                  
                     

                  

                
	
                  
                    COS:Construct.
                      Svcs.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,550.00

                  

                	
                  
                     

                  

                
	
                  
                    COS:Engineer/Design

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,768.89

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,467.45

                  

                	
                  
                     

                  

                
	
                  
                    COS:Depreciation
                      Exp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,207.44

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    38,283.62

                  

                	
                  
                     

                  

                
	
                  
                    COS:Insurance
                      -
                      W/C

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,716.77

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,602.06

                  

                	
                  
                     

                  

                
	
                  
                    COS:Sal.
&
                      Wages-Hourly

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    27,690.65

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    54,405.41

                  

                	
                  
                     

                  

                
	
                  
                    COS:Sal.
&
                      Wages-Salary

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,746.14

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,684.53

                  

                	
                  
                     

                  

                
	
                  
                    COS:P/R
                      Tax -
                      FICA/Med

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,613.97

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,154.62

                  

                	
                  
                     

                  

                
	
                  
                    COS:P/R
                      Tax -
                      FUTA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (199.13

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    336.19

                  

                	
                  
                     

                  

                
	
                  
                    COS:P/R
                      Tax - TX
                      Unemp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    360.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    364.96

                  

                	
                  
                     

                  

                
	
                  
                    Inventory
                      Adj.
                      (Propane)

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,696.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (31,752.00

                  

                	
                  
                    )

                  

                
	
                  
                    GCTV
                      COS:Materials

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    507.64

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    794.83

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Cost of
                      Sales

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    218,568.83

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    799,140.67

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Gross
                      Profit

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    215,093.95

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    680,303.93

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Computer
                      Supplies -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    74.69

                  

                	
                  
                     

                  

                
	
                  
                    Cust.
                      Comm. Svcs. -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    375.53

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    751.06

                  

                	
                  
                     

                  

                
	
                  
                    Depreciation
                      Exp -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,408.44

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    20,099.38

                  

                	
                  
                     

                  

                
	
                  
                    Empl.
                      Benefits - Retire -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1.71

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1.71

                  

                	
                  
                     

                  

                
	
                  
                    Equipment
                      Rental -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,476.87

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,722.81

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - Med/Life -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,193.82

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,429.21

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - Casualty -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    15,522.09

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    31,078.80

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - W/C -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    895.71

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,997.39

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - Auto -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,595.49

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,190.98

                  

                	
                  
                     

                  

                
	
                  
                    Management
                      Fee -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    100.00

                  

                	
                  
                     

                  

                
	
                  
                    Meals
&
Ent.
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    533.88

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,258.89

                  

                	
                  
                     

                  

                
	
                  
                    Meters
&
Supplies
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    83.05

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    297.95

                  

                	
                  
                     

                  

                
	
                  
                    Meter
                      Reading -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    642.09

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,660.85

                  

                	
                  
                     

                  

                
	
                  
                    Misc.
                      Exp. -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    358.65

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    358.65

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Supplies -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    445.44

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    933.36

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      - Oper -
                      Salary

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    12,512.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    25,987.50

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - FICA/Med -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    896.60

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,856.71

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - FUTA -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.01

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    56.00

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - TX Unempl -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (3.17

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    56.24

                  

                	
                  
                     

                  

                


        

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                  
                    Rent
                      Expense -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,935.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    11,722.00

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,560.20

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,284.89

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      Auto

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,000.16

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,222.03

                  

                	
                  
                     

                  

                
	
                  
                    Safety
&
Env
                      Compliance -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,486.71

                  

                	
                  
                     

                  

                
	
                  
                    Sm.
                      Tools & Supp. -
                      Oper.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    783.96

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,407.69

                  

                	
                  
                     

                  

                
	
                  
                    Tank
                      Monitoring -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    956.25

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,275.00

                  

                	
                  
                     

                  

                
	
                  
                    Telephone
                      - Oper -
                      Debba

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    65.72

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    167.02

                  

                	
                  
                     

                  

                
	
                  
                    Telephone-Oper-Dripping

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    131.94

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    265.33

                  

                	
                  
                     

                  

                
	
                  
                    Telephone
                      - Cellular -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,241.89

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,156.51

                  

                	
                  
                     

                  

                
	
                  
                    Telephone-SA
                      Office

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,372.56

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,761.20

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Mileage/Veh
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10,667.87

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,943.73

                  

                	
                  
                     

                  

                
	
                  
                    Travel
                      - Lodging -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    101.31

                  

                	
                  
                     

                  

                
	
                  
                    Travel
                      - Meals & Ent -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    35.82

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    155.79

                  

                	
                  
                     

                  

                
	
                  
                    Uniforms

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    766.35

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,484.98

                  

                	
                  
                     

                  

                
	
                  
                    Waste
&
Sewer
                      -
                      Oper

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    337.47

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    503.63

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      GCTV

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    350.00

                  

                	
                  
                     

                  

                
	
                  
                    Supplies
                      - Oper -
                      GCTV

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    80.62

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Sales-Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5.40

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5.40

                  

                	
                  
                     

                  

                
	
                  
                    Bank
                      Service
                      Charges

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    6,910.42

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    7,191.84

                  

                	
                  
                     

                  

                
	
                  
                    Collection
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    251.62

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    251.62

                  

                	
                  
                     

                  

                
	
                  
                    Commissions
                      and
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10.00

                  

                	
                  
                     

                  

                
	
                  
                    Computer
&
Internet
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    479.75

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,159.21

                  

                	
                  
                     

                  

                
	
                  
                    Empl.
                      Drug Test Saf &
                      Comp

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    203.00

                  

                	
                  
                     

                  

                
	
                  
                    Depreciation
                      Exp -
                      G&A

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,589.04

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,370.14

                  

                	
                  
                     

                  

                
	
                  
                    Electricity
                      - Office -
                      SA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (17.37

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    180.31

                  

                	
                  
                     

                  

                
	
                  
                    Empl.
                      Benefits -
                      Retirement

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5.60

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5.60

                  

                	
                  
                     

                  

                
	
                  
                    Franchise
                      Fee

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,632.86

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    5,632.86

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      -
                      Med/Life

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    492.16

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,097.18

                  

                	
                  
                     

                  

                
	
                  
                    Insurance
                      - W/C -
                      G&A

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    10.52

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (118.12

                  

                	
                  
                    )

                  

                
	
                  
                    Interest
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    872.28

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,479.03

                  

                	
                  
                     

                  

                
	
                  
                    Legal
                      Fees &
                      Costs

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    65,834.34

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    84,596.56

                  

                	
                  
                     

                  

                
	
                  
                    Licenses,
                      Taxes &
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    831.71

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,117.35

                  

                	
                  
                     

                  

                
	
                  
                    Merchant
                      Fees

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,000.11

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    8,745.94

                  

                	
                  
                     

                  

                
	
                  
                    Meals
&
                      Entertainment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    321.30

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,132.63

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19.44

                  

                	
                  
                     

                  

                
	
                  
                    Office
                      Supplies
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    362.88

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,479.83

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      - Gen &
                      Adm

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    27,000.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    50,913.60

                  

                	
                  
                     

                  

                
	
                  
                    Employee
                      Stock
                      Bonus

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    0.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    26,500.00

                  

                	
                  
                     

                  

                
	
                  
                    Payroll
                      Process.
                      Exp.

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    660.93

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,354.87

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax -
                      FICA/Med

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,059.98

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,881.76

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax -
                      FUTA

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    24.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    91.81

                  

                	
                  
                     

                  

                
	
                  
                    P/R
                      Tax - TX Unempl -
                      Gen

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    18.90

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    84.61

                  

                	
                  
                     

                  

                
	
                  
                    Postage
&
Exp.
                      Shipping

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,274.66

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    4,137.96

                  

                	
                  
                     

                  

                
	
                  
                    Rent
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    9,900.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    19,800.00

                  

                	
                  
                     

                  

                
	
                  
                    Repairs
&
Main
                      -
                      Autos

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    24.59

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    398.17

                  

                	
                  
                     

                  

                
	
                  
                    Security
                      Expense

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    887.50

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    887.50

                  

                	
                  
                     

                  

                
	
                  
                    Storage
                      Rental

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    450.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    777.05

                  

                	
                  
                     

                  

                
	
                  
                    Taxes
                      -
                      Other

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,013.00

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    3,013.00

                  

                	
                  
                     

                  

                
	
                  
                    Taxes
                      -
                      Penalty

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,281.70

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,281.70

                  

                	
                  
                     

                  

                
	
                  
                    Telephone-River
                      Bend

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    47.34

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    95.82

                  

                	
                  
                     

                  

                
	
                  
                    Telephones-Cell
                      Phones

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    (1,179.52

                  

                	
                  
                    )

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    879.09

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Mileage/Vehicles

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    1,415.23

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    2,236.05

                  

                	
                  
                     

                  

                
	
                  
                    Travel-Meals
&
                      Entertainment

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    104.44

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    322.32

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Total
                      Expenses

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    212,369.27

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    397,495.75

                  

                	
                  
                     

                  

                
	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                     

                  

                
	
                  
                    Net
                      Income

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    2,724.68

                  

                	
                  
                     

                  

                	
                  
                     

                  

                	
                  
                    $

                  

                	
                  
                    282,808.18

                  

                	
                  
                     

                  

                


        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        EXHIBIT
          “G”

         

         

         

        
          TIDELANDS
            OIL AND GAS CORPORATION

          1862
            W.
            Bitters, Building 1

          San
            Antonio, Texas 78248

          
            Phone:
              1-866-764-8642                                         
Fax: 210-764-2809                      
              

          

          
            

          

           

          December
            18, 2007

           

           

          Ruben
            Jimenez & Associates, P.C.

          11503
            Jones Maltsberger, Suite #284

          San
            Antonio, TX 78216

           

          In
            connection with your engagement to apply agreed-upon procedures to the
            financial
            information of Sonterra Energy Corporation, a wholly owned subsidiary
            of
            Tidelands Oil and Gas Corporation, provided to you as of September 30,
            2007 and
            other selected information subsequent to that date, we confirm, to the
            best of
            our knowledge and belief, the following representations made to you during
            your
            engagement.

           

          
            
              	
                      1.

                    	
                      We
                        have communicated to you of all information, including events
                        occurring
                        subsequent to September 30, 2007, of which we are aware that
                        may
                        contradict the balances shown on financial statements as
                        of September 30,
                        2007.

                    
	 	 
	
                      2.

                    	
                      We
                        are responsible for selecting the criteria and for determining
                        that such
                        criteria are appropriate for our purposes.

                    
	 	 
	
                      3. 

                    	
                      We
                        have responded fully to all inquiries made to us by you during
                        the
                        engagement.

                    
	 	 
	
                      4.

                    	
                      We
                        prepared all balance sheet account reconciliations and provided
                        all
                        documentation and other financial information relevant to
                        your
                        engagement.

                    
	 	 
	
                      5.

                    	
                      Your
                        report is intended solely for the information and use of
                        Bentley Oil and
                        Gas Corporation and is not intended to be and should not
                        be used by anyone
                        other than those specified parties.

                    
	 	 
	
                      6.

                    	
                      We
                        made available to you all legal invoices involving Sonterra
                        Energy
                        Corporation and other parties.

                    
	 	 
	
                      7. 

                    	
                      Your
                        report is intended solely for the information and use of
                        Bentley Oil and
                        Gas Corporation in the exercise of Mr. Michael Ward’s right of first
                        refusal and is not intended to be and should not be used
                        by anyone other
                        than those specified parties.

                    
	 	 


            

            
 

          

          Mr.
            James B. Smith

           

          Signature:/s/
            James B. Smith


          Title:
            CEO