IN THE UNITED STATES BANUPTCY COURT

In re: )
PACIFIC ENERGY

FOR THE DISTRICT OF DELAWAR

Chapter 11

)
)

RESOURCES LTD, etal.,i )

Debtors. )

Case No. 09- 10785 (IUC) (Jointly Administered)

Related to Docket Nos. 289 and 290

Objection Deadline: May 27, 2009 at 4:00 p.m.
Hearing Date: June 3,2009 at 1:00 p.m.

NOTICE REGARING DEBTORS' MOTION FOR AN ORDER APPROVING KEY EMPLOYEE INCENTIVE PLAN AND AUTHORIZING PAYMENTS THEREUNDER (DOCKET NO. 289) AND DEBTORS' MOTION TO FILE UNDER SEAL EXHIBIT A TO MOTION FOR AN ORDER APPROVING KEY EMPLOYEE INCENTIVE PLAN AND AUTHORIZING PAYMENTS THEREUNDER rnOCKET NO. 2901
By agreement with the Office of United States Trustee, the above-captioned debtors and debtors in possession hereby state the following regarding Exhibit A to the Debtors' Motion for
an Order Approving Key Employee Incentive Plan and Authorizing Payments Thereunder, fied

May 11, 2009 (Docket No. 289) and in connection with the Debtors' Motion to File under Seal
Exhibit A to Motion for an Order Approving Key Employee Incentive Plan and Authorizing
Payments Thereunder, filed May 11, 2009 (Docket No. 290):
1. For Group 1, on page 4 of

Exhibit A, the name "Albrecht & Associates, Inc." had

been redacted from the following bullet point:

The Beta sales value used to determine the bonus tier will be consistent with the value used to calculate the fee for Albrecht & Associates, Inc.

i The Debtors in these cases, along with the last four digits of each Debtor's federal tax identification number, are:
Pacific Energy Resources Ltd. (3442); Petrocal Acquisition Corp. (6249); Pacific Energy Alaska Holdings LLC (tax J.D. # not available); Cameros Acquisition Corp. (5866); Pacific Energy Alaska Operatig LLC (7021); San Pedro Bay Pipeline Company (1234); Cameros Energy, Inc. (9487); and Gotland Oil, Inc. (5463). The address for all of
the Debtors is 111 W. Ocean Boulevard, Suite 1240, Long Beach, CA.

68773-002\DOCS _ LA:20 i 8 i 3.6

2. For Group 2, on page 6 of

Exhibit A, the name "Lazard Frres & Co. LLC" had

been redacted from the following bullet point:

The Alaska sales value used to determine the bonus tier wil be consistent with the value used to calculate the fee for Lazard Frres & Co. LLC.

Dated: June 1,2009

PACHULSKI STANG ZIEHL & JONES LLP

Davis Jones (Bar No. 2436)

Ir . Kharasch (CA Bar No. 109084)

A an Kornfeld (CA Bar No. 130063) Scotta E. McFarland (DE Bar No. 4184, CA Bar No. 165391) Robert M. Saunders (CA Bar No. 226172) Kathleen P. Makowski (DE Bar No. 3648) 919 North Market Street, 17th Floor P.O. Box 8705 Wilmington, DE 19899-8705 (Courier 19801)
Telephone: (302) 652-4100
Facsimile: (302) 652-4400

EmaIl: ljones(fpszjlaw.com
ikharasch(fpszj law .com

akornfeld(fpszjlaw.com
smcfarland(fpszj law.com rsaunders(fpszj law .com

kmakowski(fpszjlaw.com
Counsel for the Debtors and Debtors in Possession

68773-002\DOCS _ LA:201813.6