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No, we are paying them $3 mm in addition to handing them the Hobbs line and
giving them the option on the Eldo-Spraberry line. I haven't really thought about it, but I guess the transfer price for the Hobbs line should be some nominal amount--$10 or something. I'll give you and Louie a call in a bit to discuss. Thanks. DF From: Kim Wilkie 07/24/2000 09:47 AM To: Drew Fossum/ET&S/Enron@ENRON cc: Louis Soldano/ET&S/Enron@ENRON Subject: Drew, thanks for the fax. Quick question... is the purchase price a flat 3,000,000 without any adjustments for line pack... Since we are going to sign and close same day, we won't need adjustments for cap ex. I am putting together a draft PSA now. THanks. Kim
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