| Balance Sheet for JED Oil Inc (JDO) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Cash and Equivalents | 1,140 | 565 | 4,451 | 18,657 | | Marketable Securities | N/A | - | - | - | | Receivables | 11,272 | 5,416 | 18,305 | 4,945 | | Inventories | N/A | - | - | - | | Other Current Assets | 68 | - | - | - | | Total Current Assets | 13,383 | 6,041 | 23,097 | 23,629 | | | Gross Fixed Assets | 66,115 | 110,311 | 56,715 | 10,353 | | Accumulated Depreciation | N/A | (85,910) | (8,381) | (4,949) | | Net Fixed Assets | 66,115 | 24,401 | 48,334 | 5,404 | | Intangibles | N/A | - | - | - | | Other Non-Current Assets | 119 | 5,574 | 4,288 | - | | Total Non-Current Assets | 66,233 | 29,975 | 52,622 | 5,404 | | Total Assets | 79,616 | 36,016 | 75,719 | 29,034 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Accounts Payable | 12,622 | 3,714 | 16,799 | 5,326 | | Short Term Debt | 40,224 | 1,476 | - | - | | Other Current Liabilities | 719 | 730 | 339 | - | | Total Current Liabilities | 62,379 | 9,074 | 26,714 | 5,326 | | | Long Term Debt | N/A | 40,032 | 20,000 | - | | Deferred Income Tax | N/A | - | - | - | | Other Non-Current Liabilities | 4,793 | 1,186 | 1,401 | 255 | | Minority Interest | N/A | - | - | - | | Total Non-Current Liabilities | 33,298 | 69,192 | 21,401 | 255 | | Total Liabilities | 95,677 | 78,267 | 48,115 | 5,581 | | | Preferred Stock Equity | N/A | - | - | - | | Common Stock Equity | (16,061) | (42,251) | 27,605 | 23,452 | | Total Equity | (16,061) | (42,251) | 27,605 | 23,452 | | Total Liabilities & Stock Equity | 79,616 | 36,016 | 75,719 | 29,034 | | | |
