FW: Bridgeline Formal Response from Yesterday

These are the points we used for June and July 2001 to deliver gas on the Bridgeline FT contract.

June 2001 delivery points.

Net_Quantity
15105 BRLH/CGLF (CGT YOUNGVILLE)
5035 BRLH/CGLF (CGT YOUNGVILLE)
572 BRLH/CGLF (CGT YOUNGVILLE)
11740 BRLH/ESTC - BARTON
337467 BRLH/ESTC - BARTON
264077 BRLH/ESTC - BARTON
1225454 BRLH/FGT (COW ISLAND)
69930 BRLH/FGT (COW ISLAND)
528099 BRLH/FGT (COW ISLAND)
32514 BRLH/KOCH-CRAB LAKE/DEEP LAKE
223490 BRLH/SABINE-TEXACO PLT (BYPAS)
488359 BRLH/SABINE-TEXACO PLT (BYPAS)
23035 BRLH/SNAT(WHITECASTLE) DONALDS
52163 BRLH/SNAT(WHITECASTLE) DONALDS
2100 BRLH/TETCO (TALLY HO)
20000 BRLH/TETCO (TALLY HO)
27000 BRLH/TRCO (ST. JAMES)
30000 LGP/LGS - PARADIS

July 2001 delivery points
Net_Quantity Destination_PL_Pt_Name
91679 TETC/BRLH (TALLY HO)
31000 LGP/LGS - PARADIS
24258 BRLH/TRCO (ST. JAMES)
66000 BRLH/TRCO (ST. JAMES)
18407 BRLH/SNAT(WHITECASTLE) DONALDS
277074 BRLH/SABINE-TEXACO PLT (BYPAS)
1742620 BRLH/FGT (COW ISLAND)
344556 BRLH/ESTC - BARTON

-----Original Message-----
From: McMichael Jr., Ed
Sent: Thursday, June 06, 2002 1:40 PM
To: Concannon, Ruth; Germany, Chris
Subject: FW: Bridgeline Formal Response from Yesterday

Please get with me to discuss before 5:00 PM today.

-----Original Message-----
From: Schneider, Chip
Sent: Thursday, June 06, 2002 10:47 AM
To: McMichael Jr., Ed; Concannon, Ruth
Subject: FW: Bridgeline Formal Response from Yesterday

FYI. This is the formal response we received from Bridgeline yesterday. In the event Bridgeline does not agree to purchase the gas, what delivery point on Bridgeline is best for us to use under FT if we were to bleed out the inventory over 30 days and what price could we get?

We appreciate your support on this.

Thanks.

Chip

-----Original Message-----
From: Schneider, Chip
Sent: Thursday, June 06, 2002 8:59 AM
To: McConnell, Mike; Sharp, Greg; Bartlett, Jeff; Gray, Barbara N.; Ellenberg, Mark; 'jayne.south@weil.com'; 'stephen.youngman@weil.com'
Cc: Coffey Jr., Jim
Subject: Bridgeline Formal Response from Yesterday

Attached is a letter from Randy Curry faxed to me yesterday afternoon outlining the initial proposal made by Bridgeline in our meeting yesterday. Bridgeline is not formally offering to purchase the gas, however, in a subsequent voice mail from Randy, such a purchase is not out of the question.

Additionally, ChevTex has formally requested through Jayne that the accounting information be provided for their review. I agree with Mark Ellenberg's view that we should not provide this until we have agreement on the commercial deal. Jayne/Stephen, I would like to hear from you on this.

We need to huddle today to discuss our response to Randy's letter and keep the momentum alive. Given the LIP meetings this morning, can I suggest 3:00 this morning in ECN2829?

Before then, I may be calling around to get people's views on a response.

Thanks,

Chip