Re: crestar / gulf aos contract....

Grant,
The problem is that they do not want to assign the agreement. They want to
do a partial assignment which is unacceptable unless we can severe the
document so that we have two separate stand alone pieces of paper after the
assignment. Talk to them about doing two Spot Confirmations, one for 0 to
8,400 MMBtu per day which would not be assignable, and the other one for 0 to
11,600 MMBtu per day which would be assignable to BP. Call me so that we can
discuss.

Grant Oh
03/19/2001 05:16 PM

To: Dan J Hyvl/HOU/ECT@ECT
cc:
Subject: Re: crestar / gulf aos contract....

Keyspan/Crestar would like to execute the existing contract as is - and work
on the assignment ot BP separately.

Thanks

Grant

Dan J Hyvl
03/19/2001 04:17 PM
To: Grant Oh/CAL/ECT@ECT
cc:
Subject: Re: crestar / gulf aos contract....

I am waiting on your response to my voice mail regarding the assignment to
BP. Shouldn't we break the confirm into two documents, covering 42% of the
entitlements to Crestar and 58% to BP.

Grant Oh
03/19/2001 01:33 PM

To: Dan J Hyvl/HOU/ECT@ECT
cc:
Subject: crestar / gulf aos contract....

Dan, following up on the status of the contract.

Thanks

Grant