Pacific Energy & Mining Company
Balance Sheet
June 30, 2007
(Unaudited)
June 30, 2007
ASSETS
TOTAL ASSETS 9,622,559.52
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LIABILITIES & EQUITY
Total Liabilities 441,676.94
Total Equity 9,180,882.58
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TOTAL LIABILITIES & EQUITY 9,622,559.52
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Pacific Energy & Mining Company
Income Statement
September 1, 2006 - June 30, 2007
(Unaudited)
Sep. 1, '06 - June 30, '07
Ordinary Income/Expense
Oil sales 28,579.40
Total Expense 84,135.33
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Net Ordinary Income (55,555.93)
Other Income/Expense
Interest Income 1,511.60
Other Income 681,831.11
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Net Other Income 683,342.71
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Net Income 627,786.78
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Shares Outstanding: 23,654,287
Earnings per share $ 0.0265
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Pacific Energy & Mining is a diversified company that operates oil and gas
leases throughout Utah. It also has non-operated interests in Utah and
Oklahoma. The Company would also like to welcome all new shareholders
present or future to visit our website at www.pemc.us for detailed
information.
Disclaimer
The foregoing contains forward-looking information within the meaning of
The Private Securities Litigation Act of 1995. Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or further changes make it clear that any projected
results (expressed or implied) will not be realized.
Contact Information: Contact Information: Worldwide Financial Marketing, Inc. USA Investor Relations Int'l 1 954 360 9998 US 866 360 9998