Subject: Devon '00 Penalty Calculation(s)

Scope:

Sitara Deal # Production Month Amount Accountable Party
340338 10/00 $297,506.13 Phillip Love : Central Gulf (ANR & HIOS)

145932 10/00 $809,868.90 Kam Keiser : East (Stingray & SeaRobin)
139905 10/00 $256,708.35 Kam Keiser : East (Tenneessee 500 /800)

These demand charges will be used to reduce Enron's gas purchase cost. When populated to unify these entries will be used to clear "pay lessor of" funds

Tom and Kam are to notify Mary Ellenberger when deals have been up dated.
Mary will redraft and process clearing.

Mary Ellenberger
5-8773