Re: East Gas Volume Confirmation

2 primary contributing factors:

1) EOL transaction volume increase
2) CES acquisition

Paula Harris
10/09/2000 03:41 PM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: East Gas Volume Confirmation

Scott,

As you are already aware, we have to provide volume (settled sales only)
explanations to Investor Relations each month. Given that it's a quarter end
month, it is even more important that we receive good explanations which
sufficiently support your trading business. The format includes a year to
year comparison, quarter to quarter comparison as well as a month to month
comparison for any increases/decreases greater than 10%. Your stats are as
follows:

EAST GAS TRADING (Bbtu/Day - Settled Sales Only)

Year to Year
September 2000 7,258
September 1999 3,179
Increase 128%

Quarter to Quarter
3Q 2000 7,282
3Q 1999 2,910
Increase 150%

If you could send me an explanation explaining what's driving your increase
by tomorrow morning, that would be great.

Thanks, Paula