Enron Mail

From: stephen.dowd@enron.com To: danny.mccarty@enron.com Subject: Corp Dev Weekly Report Cc: eric.gadd@enron.com Bcc: eric.gadd@enron.com Date: Thu, 20 Dec 2001 11:30:43 -0800 (PST) Trailblazer Gathering information for HSR filing. HSR process expected to take 15 days. Bankruptcy court approval will follow asset sale process. Lawyers will propose a general process to the judge shortly. Once approved, we will submit information associated with the bidding process to the court to follow process. Expected closing by end Jan/early Feb. MOPS Putting together checklist to ensure all of our obligations under the agreement are met on a timely basis. EOTT Liquids Discussions commencing with Noble, Phillips and Vitol for proposals on the liquids business. GP sale is going forward in parallel. Vitol has submitted a proposal for a short-term deal. Noble proposal expected shortly for a longer-term deal. Phillips may propose to buy the MTBE facility, but discussions with them are moving more slowly than with the others. Stephen Dowd Enron Transportation Services 713-345-7219 (office) 713-858-8867 (mobile)