RE: Trailblazer w/S.Horton, D.McCarty

We have done an evaluation that showed our interest to be worth the following:

10% 12.5% 15%
$84mm $73mm $64mm

If you want to see the model let me know.

Cheers.

-----Original Message-----
From: Hayslett, Rod
Sent: Tuesday, November 27, 2001 6:56 AM
To: Howard, Kevin A.
Cc: Ratner, Michael
Subject: RE: Trailblazer w/S.Horton, D.McCarty

They took bids and I think have an offer of about $60 MM or so.

Michael: What do you know about this one?

-----Original Message-----
From: Howard, Kevin A.
Sent: Tuesday, November 27, 2001 6:53 AM
To: Hayslett, Rod
Subject: RE: Trailblazer w/S.Horton, D.McCarty

yes, what is the deal that sounds reasonable?

-----Original Message-----
From: Hayslett, Rod
Sent: Tuesday, November 27, 2001 6:27 AM
To: Howard, Kevin A.
Subject: FW: Trailblazer w/S.Horton, D.McCarty

Can you attend this one for me? They are working on the sale of our interest in the Trailblazer Pipeline. Sounds like a reasonable deal to me.

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