New deals on HPL

George and Dan,
Do either of you have documentation on this deal? Niether Shawna nor myself
have any knowledge of it, and, as you can see, Patrick would like to include
it in the data room--let me know please

Thanks,
Sandi
----- Forwarded by Sandi M Braband/HOU/ECT on 11/13/2000 01:00 PM -----

Patrick Wade
11/13/2000 12:44 PM

To: Edward D Gottlob/HOU/ECT@ECT, Kenneth W Kaase/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT
cc:
Subject: New deals on HPL

We need to include this deal in our data room/contract list
---------------------- Forwarded by Patrick Wade/HOU/ECT on 11/13/2000 12:42
PM ---------------------------

From: Jim Coffey 11/13/2000 10:00 AM

To: Patrick Wade/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT
cc:
Subject: New deals on HPL

---------------------- Forwarded by Jim Coffey/HOU/ECT on 11/13/2000 09:59 AM
---------------------------

Enron Capital Management

From: David Baumbach 11/13/2000 09:18 AM

To: Jim Coffey/HOU/ECT@ECT
cc: Wes Colwell/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Jim
Schwieger/HOU/ECT@ECT
Subject: New deals on HPL

On Friday, Nov 10, we had a new long term deal entered under HPL. It was a
wellhead deal with Conoco at four different meters. It was priced at 94% of
HSC index. The value on the deal was $1,097,210. Logically, this would
increase our recoverable cost from $193 mil to $194 mil. I will send you
notes periodically on new long term deals that increase our unwind costs.

Dave