Spreadsheet: rick_buy__32944__Summary2-12
Sheet: Raptor I&2 Hedges

Security/ | Trade | Settlement | [NAME] |  | Posi- | Strike | Notional |  | Market |  | Unrealized | Realized | Total | Prior Day |  | Prior Day
Ticker | Date | Date | ment | Cost | tion | Price | Units | Value | Price/Value | Report Date | Gain/(Loss) | Gain/(Loss) | Gain/(Loss) | Realized | Total | Price/Value
RAPTOR I
PUBLICS
3TEC Warrants | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 1.17868389193476 | 78000 | 91937.34 | 2.645829083838007 | 2001-02-12 00:00:00 | 114437.33 | 0 | 114437.33 | 0 | 114961.73 | 2.65255223406644
Active Power | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 53.00000019586597 | 1276383 | 67648299.25 | 19.4375 | 2001-02-12 00:00:00 | -34270903.89 | -7079860.939999881 | -41350764.82999988 | -7079860.939999881 | -40776392.14 | 20
Avici Systems | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 162.5 | 1093426 | 177681725 | 23.875 | 2001-02-12 00:00:00 | -151437554.25 | -132061.02 | -151569615.27 | -132061.02 | -150272359.39 | 25.0625
Carrizo Warrants | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 4.19540251455472 | 156250 | 655531.64 | 5.543967371880002 | 2001-02-12 00:00:00 | 210713.26 | 0 | 210713.26 | 0 | 236205.52 | 5.707117805766691
Catalytica After 12/14 |  |  |  |  |  |  | 1339286 | 116115000 | 14.875 | 2001-02-12 00:00:00 | -96193120.75 | 0 | -96193120.75 | 0 | -95104950.87 | 15.6875
Paradigm | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 5.875 | 59891 | 351859.63 | 5.625 | 2001-02-12 00:00:00 | -14972.75 | 0 | -14972.75 | 0 | -26202.32 | 5.4375
Place Resources | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 1.68395 | 735000 | 1237703.25 | 0 | 2001-02-12 00:00:00 | 0 | 186715.354651162 | 186715.354651162 | 186715.354651162 | 186715.3546511622 | 1.937984496124031
DevX Energy Common | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 14.03976555562134 | 10134.6 | 142287.41 | 8.375 | 2001-02-12 00:00:00 | -57410.13 | 0 | -57410.13 | 0 | -58676.96 | 8.25
DevX Energy Pref | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 4.065882352941176 | 127500 | 518400 | 8.375 | 2001-02-12 00:00:00 | 0 | 374070 | 374070 | 374070 | 374070 | 8.25
Quicksilver | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 7.625 | 804243 | 6132352.88 | 0 | 2001-02-12 00:00:00 | 0 | -727840.2750000004 | -727840.2750000004 | -727840.2750000004 | -727840.28 | 0
PRIVATES
Amerada Hess Exposure | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1250000 | 1250000 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 1250000
Ameritex | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 4563600 | 4375178.69 | 2001-02-12 00:00:00 | -188421.31 | 0 | -188421.31 | 0 | -188421.31 | 4375178.69
Basic Energy Preferred | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 2136334 | 1247943.5 | 2001-02-12 00:00:00 | -888390.5 | 0 | -888390.5 | 0 | -888390.5 | 1247943.5
Black Bay | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 429975 | 0 | 2001-02-12 00:00:00 | 0 | -57827.87 | -57827.87 | -57827.87 | -57827.87 | 372147.13
[NAME] | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 12500000 | 0 | 2001-02-12 00:00:00 | 0 | 65511 | 65511 | 65511 | 65511 | 12565511
Catalytica Before 12/14 | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 0 | 0 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 0
City Forest IPC | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1663000 | 1663000 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 1663000
Ecogas Loan & Equity | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 12878050 | 0 | 2001-02-12 00:00:00 | -12878050 | 0 | -12878050 | 0 | -12878050 | 0
Geo. Pursuit (EBGB) | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1012500 | 0 | 2001-02-12 00:00:00 | 0 | -887500 | -887500 | -887500 | -887500 | 125000
Heartland Common | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 136.649295766461 | 172031 | 23507915 | 2.831220626831055e-07 | 2001-02-12 00:00:00 | -23507914.99999972 | 0 | -23507914.99999972 | 0 | -23507914.99999972 | 2.831220626831055e-07
Heartland Common (Condor) | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 10372212 | 0 | 2001-02-12 00:00:00 | -10372212 | 0 | -10372212 | 0 | -10372212 | 0
Heartland Loan | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1302980 | 137317.57 | 2001-02-12 00:00:00 | -1165662.43 | 0 | -1165662.43 | 0 | -1165662.43 | 137317.57
Heartland Warrants | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 3486752 | 0 | 2001-02-12 00:00:00 | -3486752 | 0 | -3486752 | 0 | -3486752 | 0
Hughes Rawls Loan | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 429210 | 1000000 | 2001-02-12 00:00:00 | 570790 | 0 | 570790 | 0 | 570790 | 1000000
Hughes Rawls Note | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 470790 | 0 | 2001-02-12 00:00:00 | -470790 | 0 | -470790 | 0 | -470790 | 0
HV Marine Warrants | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 27082500 | 23513434.5 | 2001-02-12 00:00:00 | -3569065.5 | 0 | -3569065.5 | 0 | -3569065.5 | 23513434.5
Industrial Holdings | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 7121810 | 7121810 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 7121810
Invasion Energy | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 5644007 | 5644007 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 5644007
Juniper | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 20916875 | 20999559.86 | 2001-02-12 00:00:00 | 82684.8599999994 | 0 | 82684.8599999994 | 0 | 82684.8599999994 | 20999559.86
Juniper Committed Exposurer | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 2560525 | 2560525 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 2560525
[NAME] | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 4774950 | 0 | 2001-02-12 00:00:00 | 0 | -2359351.12 | -2359351.12 | -2359351.12 | -2359351.12 | 2415598.88
LSI Preferred | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1822363 | 2013591.65998389 | 2001-02-12 00:00:00 | 191228.6599838899 | 0 | 191228.6599838899 | 0 | 191228.6599838899 | 2013591.65998389
LSI Warrants | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1374750 | 1374750 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 1374750
Oconto Falls Common | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1803840 | 1803840 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 1803840
Oconto Falls IPC | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 2300803 | 2300803 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 2300803
Texland | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 7483750 | 8551988.34 | 2001-02-12 00:00:00 | 1068238.34 | 0 | 1068238.34 | 0 | 1068238.34 | 8551988.34
Texland Committed Exposurer | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 2343750 | 2343750 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 2343750
Vastar | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 16316247 | 16316247 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 16316247
Vastar Exposure | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 1050000 | 1050000 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 1050000
Venoco Convertible | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 217.28 | 375000 | 81480000 | 80202486.48 | 2001-02-12 00:00:00 | -1277513.52 | 0 | -1277513.52 | 0 | -1277513.52 | 80202486.48
WB Oil & Gas | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 1360 | 1000 | 1360000 | 1360000 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 1360000
[NAME] Derivative | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Put | 36066314 | Long |  |  | 93746590 | 30637565.036478 | 2001-02-12 00:00:00 | -1.323522001504898 | -63109023.64 | -63109024.963522 | -63109023.64 | -63109024.963522 | 30637565.036478
Chewco SLP Exposure
3TEC Warrants | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 1.17868389193476 | 46956 | 55346.28 | 2.645829083838007 | 2001-02-12 00:00:00 | 68891.27 | 0 | 68891.27 | 0 | 69206.96 | 2.65255223406644
Place Resources | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 1.68395 | 442470 | 745095.36 | 0 | 2001-02-12 00:00:00 | 0 | 112402.6434999995 | 112402.6434999995 | 112402.6434999995 | 112402.64 | 1.937984496124031
DevX Energy Common | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 14.03976555562134 | 6101.0292 | 85657.02 | 8.375 | 2001-02-12 00:00:00 | -34560.9 | 0 | -34560.9 | 0 | -35323.53 | 8.25
DevX Energy Pref | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 4.065882352941176 | 76755 | 312076.8 | 8.375 | 2001-02-12 00:00:00 | 0 | 225190.14 | 225190.14 | 225190.14 | 225190.14 | 8.25
Quicksilver | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long | 7.625 | 484154.286 | 3691676.43 | 0 | 2001-02-12 00:00:00 | 0 | -438159.8455500003 | -438159.8455500003 | -438159.8455500003 | -438159.84 | 0
Ameritex | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 2747287.2 | 2633857.57 | 2001-02-12 00:00:00 | -113429.63 | 0 | -113429.63 | 0 | -113429.63 | 2633857.57
Hughes Rawls Note | 2000-08-03 00:00:00 | 2003-08-03 00:00:00 | Swap | 0 | Long |  |  | 283415.58 | 0 | 2001-02-12 00:00:00 | -283415.58 | 0 | -283415.58 | 0 | -283415.58 | 0
 | Totals RAPTOR I |  |  | 36066314 |  |  |  | 733681729.07 |  |  | -337903157.7435378 | -73827735.57239872 | -411730893.3159366 | -73827735.57239872 | -408758021.5488866
 |  |  |  |  |  |  | Terminations
 |  |  |  |  |  |  | Public | -26329434.76224988
 |  |  |  |  |  |  | Private | -81826448.64
 |  |  |  |  |  |  | NET | 625525845.6677502
RAPTOR II
EI Brazil Gas Holdings and
EI Brazil 1997 and
EI Brazil Investments 1997 | 2000-09-22 00:00:00 | 2003-06-29 00:00:00 | Swap | 0 | Long |  |  | 460000000 | 460000000 | 2001-02-12 00:00:00 | 0 | 0 | 0 | 0 | 0 | 460000000
Hanover Compressor | 2000-12-28 00:00:00 | 2003-06-29 00:00:00 | Collar | 0 | [NAME] | 92.678 | 3314340 | 33143400 | 38.46 | 2001-02-12 00:00:00 | -21261491.1 | 0 | -21261491.1 | 0 | -21294634.49999999 | 38.45
 |  |  |  |  | Floor | 34.875 | 1995232 | 19952320 | 38.46 | 2001-02-12 00:00:00 | -12799413.28 | 0 | -12799413.28 | 0 | -12819365.59999999 | 38.45
 |  |  | Swap |  | Swap | 44.875
 | Totals RAPTOR II |  |  | 0 |  |  |  | 513095720 |  |  | -34060904.38 | 0 | -34060904.38 | 0 | -34114000.09999998