Re:

I have inputted the spot deals into system and added the Sitara ticket no to
the below list. I have yet to do the Gasper Rice deal ticket.

Vance L Taylor@ECT
04/25/2000 05:23 PM
To: Tom Acton/Corp/Enron@ENRON
cc: Julie Meyers/HOU/ECT@ECT, Lisa Hesse/HOU/ECT@ECT, Susan
Smith/HOU/ECT@ECT, Donald P Reinhardt/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT

Subject:

Tom,

HPLC will be purchasing wellhead gas from the producers listed below for the
production month of May. This production will be purchased on a "spot" basis
and deal tickets should be created and entered into sitara based on the
following information:

Counterparty Meter Volume Price

Engage Energy US, LP 5839 #252058 598mmbtu/d 100% IF/HSC less $0.20
Engage Energy US, LP 5848 #252059 285mmbtu/d 100% IF/HSC less $0.20
Engage Energy US, LP 5923 #252060 671mmbtu/d 100% IF/HSC less $0.20
Engage Energy US, LP 6801 #252061 1,157mmbtu/d 100% IF/HSC less $0.20
El Sordo Gathering 6315 #252062 103mmbtu/d 70% IF/HSC
Swift Energy 2630 #252063 21mmbtu/d 90% IF/HSC less $0.258
EEX Corporation 6500 #252064 1,778mmbtu/d 95% IF/HSC
EEX Corporation 5999 #252065 14,000mmbtu/d 95% IF/HSC

Additionally, Samson Lone Star LP reduced its working interest in contract
(#96016761) to 33.375% effective 3/1/00. The remaining 66.625% working
interest was sold to Gasper Rice, Ltd. HPLC amended and ratified the
contract effective 3/1/00. The term of the contract has not been extended as
of yet and is currently in an "evergreen" status with 100% of the volumes
allocated to Samson Lone Star.

Based on the aforementioned information, please create a sitara deal ticket
for the following:

Gasper Rice, Ltd. 6722 1mmbtu/d 95%IF/HSC less $.09 Apr & May months
evergreen price
Thanks,

vlt
x3-6353