December, 2001 Pricing

Hi Pat,

As we discussed the pricing for December, 2001 will be as follows (all prices are estimates at this time and will follow the direction of the NYMEX):

For Enron to perform full balancing, this means if you nominate 1,000 MMBtu/d and you burn 2,000 MMBtu/d or if you nominate 1,000 MMBtu/d and you burn 500 MMBtu/d..... the price will be an estimate of $3.10 per MMBtu for December, 2001

For Enron to perform the service, just as we are currently doing for November, 2001, whereby you buy or sell the difference at a Chicago Gas Daily price.....the sales price for a baseload quantity (you select your quantity up to 1,500 MMBtu/D) will be an estimate $2.85 per MMBtu/d.

As I stated above, all the prices listed above are estimates. As of this date, Enron will need to receive a pre-pay on the above listed deals.

Please call so that we may discuss.

Thanks

P.S. The burns are as follows:

Date MMBtu/d

11-12 581
11-13 1876
11-14 1287
11-15 1180
11-16 1038
11-17 690