EX-99.1 2 us12of8kex99_2009-1030.htm 2009-1030 US12OF FINANCIAL STATEMENTS us12of8kex99_2009-1030.htm

           
 Exhibit 99.1
United States 12 Month Oil Fund, LP
        
Monthly Account Statement
        
For the Month Ended September 30, 2009
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                 3,895,060
Unrealized Gain (Loss) on Market Value of Futures
      
                (5,234,320)
Interest Income
      
                      13,965
 
Total Income (Loss)
    
$
                (1,325,295)
             
Expenses
          
Investment Advisory Fee
    
$
                      79,019
Tax Reporting Fees
      
                      45,000
Audit fees
      
                      12,000
Legal fees
      
                      11,100
SEC & FINRA Registration Expense
      
                        7,500
NYMEX License Fee
      
                        3,087
Brokerage Commissions
      
                        1,822
Non-interested Directors' Fees and Expenses
      
                           725
Prepaid Insurance Expense
      
                           419
 
Total Expenses
    
$
                    160,672
 
  
Net Gain (Loss)
    
$
                (1,485,967)
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 9/1/09
    
$
             163,312,793
Additions (200,000 Units)
      
                 7,355,790
Net Gain (Loss)
      
                (1,485,967)
             
 
Net Asset Value End of Period
    
$
             169,182,616
 
Net Asset Value Per Unit (4,600,000 Units)
  
$
                        36.78
             
             
             
To the Limited Partners of United States 12 Month Oil Fund, LP:
  
             
Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
to the best of his knowledge and belief, the information contained in the Account Statement for
the month ended September 30, 2009 is accurate and complete.
    
             
             
/s/ Howard Mah
        
             
Howard Mah
        
Chief Financial Officer
        
United States Commodity Funds LLC, General Partner of United States 12 Month Oil Fund, LP
             
United States Commodity Funds LLC
        
1320 Harbor Bay Parkway
        
Suite 145
          
Alameda, CA 94502