Enron Mail

From:megan.parker@enron.com
To:j..farmer@enron.com
Subject:The Houston Expl Dec 2000
Cc:
Bcc:
Date:Thu, 19 Jul 2001 08:27:55 -0700 (PDT)

Daren:
I'm not sure if you can help me, but I have a Danny Conner deal from Decemb=
er 2000 that has a price issue. =20

We were buying gas from The Houston Exploration Company on Black Marlin, Hi=
gh Island 138/HPL meter 98663, deal 508426. The deal was priced at HSC - 0=
.14. In December, a new platform came on, High Island 115/HPL meter 986431=
. It did not start flowing until the 20th. Danny did not put a new deal i=
n for this meter, so we combined the gas on deal 508426. The Houston Explo=
ration thinks that the gas at HI 115 should be kept separate and priced at =
HSC GD - 0.14 since it did not begin flowing until the 20th. We agree that=
we received the gas. We have the pipeline statement from Black Marlin. W=
e just don't have the same pricing. The Houston Exploration shows that we =
owe them an additional $222k due to this price difference. We only purchas=
ed this gas in Dec 2000 and Jan 2001. The deal for Jan, 547063, was priced=
at GD - 0.14. Can you verify how this deal should be priced? I sent this=
issue to Danny back in January and he said the IF price was correct, but T=
he Houston Exploration is sticking to their price. If you need to talk to =
their trader, his name is Lester Lipperdt 713-830-6960.

Megan