They want to do another transaction through March 02. Credit is not willing
to enter into this transaction unless we have an executed Master Physical
Agreement that gives us collateral rights.

-----Original Message-----
From: Hyvl, Dan
Sent: Monday, April 16, 2001 5:06 PM
To: Vanek, Darren
Cc: Perlingiere, Debra
Subject: Re: JER-BRE Austin Tech.xls

darren,
This was done as a signed GTC transaction. I do not know if they have
signed or not. The paperwork provides a zero collateral threshold. The
counterparty is a limited partnership. J. E. Robert Companies is the general
partner. The enron counterparty is Houston Pipe Line Company. I see no
reason to redo the paperwork if the original GTC has been signed. Do you
agree?




Darren Vanek/ENRON@enronXgate 04/16/2001 04:43 PM To: Debra
Perlingiere/HOU/ECT@ECT cc: Dan J Hyvl/HOU/ECT@ECT Subject: JER-BRE Austin
Tech.xls


<< File: JER-BRE Austin Tech.xls <<

Please prepare a Master Physical according to the terms of the worksheets.
Please call if you have any questions.

-Darren