Enron Mail

From:d..martin@enron.com
To:rod.hayslett@enron.com
Subject:RE: GTB Payment status
Cc:phil.lowry@enron.com, stanley.horton@enron.com
Bcc:phil.lowry@enron.com, stanley.horton@enron.com
Date:Sat, 22 Dec 2001 12:36:12 -0800 (PST)

Hopefully, when everything is done, it'll be considered quite a bit better than reasonable. In addition to the $2.0MM cash we should receive next week, the following are included in the deal:

- at least another $1.5MM cash during January
- no further EPCSC expenditures, except for my staff; i.e., GTB assumes all outstanding purchase commitments
- follow-on profitable work consulting for the replacement contractor and/or GTB (scope & rates still to be negotiated)
- a project profit of close to $4MM, about as much as we would have made if the contract were completed, but with no further project risk

I obviously didn't include these items in the report due to the wide distribution.

Have a great holiday.

Jerry

-----Original Message-----
From: Hayslett, Rod
Sent: Saturday, December 22, 2001 12:16 PM
To: Martin, Jerry D.
Subject: Re: GTB Payment status


This sounds like a reasonable result.
Rod Hayslett
Office 713-853-6178
Cell 713-201-6135
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