Big Cowboy - Additional production

Tom did some footwork and questioning and determined where the additional Big
Cowboy production is coming from. Apparently, HPL cut a deal to purchase
this gas at "HPL meters" at Rocher and Big Cowboy #2, so the gas had been
pathed on the gathering agreement into our pipe. All along, these volumes
have been flowing into the GEPL/Big Cowboy system and on to King Ranch. Tom
and I spoke with Clem about the most correct way to reflect the physical and
determined that a Transport Usage ticket needed to be put into place, as IM
Wellhead, to transfer the volumes from HPL to GEPL and into the plant.

We unpathed the gathering agreement and brokered the HPL purchase to the TU
tickets and moved the gas on our transport on GEPL to the plant, effective
April 1. This resolves our overproduction issues for April and forward.

Please let me know if you have any further questions, comments, or
information to add.

Mary