Re: Bammel Gas Trust Assignment

Steve,
I concur with your assessment of the proper method of so transferring the
documents.

To: Dan J Hyvl/HOU/ECT@ECT
cc:
Subject: Re: Bammel Gas Trust Assignment

Dan,

I think that given that there was a transfer of gas balances on the books
from HPLR to ECT on 2/1/99, we need to show the transfer of the Operative
Agreement rights and obligations to ECT first. We can use the very same form
to effect a transfer of ECT's interest on to HPL effective July 1, 1999,
with an acknowledgment of gas balances Schedule that will reflect the changes
in each parties balance on July 1, 1999. I know its more work, but I want it
to track reality for when we face any investor/bank inquiries. Let me know
if your thoughts differ.

Steve