Potential Customer

Mike,

Embassy Natural Gas is the operator for POI 4879 - Vantage Plainview. John Wollaston is the contact 915-685-4103. Embassy purchased gas from ENA (2,500 dth/day) to service Azteca Milling, LP - This is a $250 million plant that mills flour for tortillas - one of the largest employers in Midland, TX.

ENA was transporting the gas on their contract for Embassy. They had a hedging deal : TOK index plus 15cents ($2.08 + .15) - present day ($2.95). He is concerned that he will have to go out and pay more $ for gas. I put him in touch with Kevin Brady (3-7750) with ENA and Kevin gave him the marketer Jason Williams (3-1929) to contact about Embassy getting in touch with the upstream supplier for ENA so that they could perhaps buy the gas directly and hopefully at the same price.

I don't know the outcome of their conversation.

I thought your group might be able to help him. I have not mentioned this possiblilty to him. Would you let me know if you plan to pursue?

Call me if you have questions.

Jean
3-7757