FW: Bay Gas Storage - Parking Provision discussions

Scott,

Let me know what Eric and I can do to help with the evaluation. I will stop by later today to discuss.

Eric

-----Original Message-----
From: Knippa, Mark
Sent: Tuesday, May 29, 2001 10:45 AM
To: Boyt, Eric; Neal, Scott; Bennett, Peter
Cc: Hilgert, Chris; Knippa, Mark
Subject: RE: Bay Gas Storage - Parking Provision discussions

I submitted the Parking Provision outline to Bay Gas last week after our meeting.

I need to circle back to determine where we are relative to getting pricing pulled together
for the gas portion. I've been in need to put a hard offer in front of this customer for several
weeks now. They are in the process of making a critical decision & I would like to have
something in hand that values the Parking optionality.

Thanks
mk

-----Original Message-----
From: Knippa, Mark
Sent: Wednesday, May 23, 2001 2:50 PM
To: Boyt, Eric; Neal, Scott
Cc: Bennett, Peter
Subject: Bay Gas Storage - Parking Provision discussions
Importance: High

Team,
I'm not sure what the latest discussions you've had since our last meeting, but I need to get this
concept outlined and in the hands of my customer. They are making their decision any day now
and I believe this structure will add to the value of our Compression Service and reduce our
dependence on the minimum load factor.

I've attached a basic outline as I see it. Please review or we will discuss at our 3:00 meeting today.
I would like to define or understand our (Enron's) wish list as well as a relative value at a minimum.
I need to get the specifics to my customer tomorrow since it's not going to happen today.

I ultimately need to have a price for the gas that ECS would be receiving ASAP.

Thanks,
mk

<< File: GasNormalization.xls <<
<< File: ParkingOutline.doc <<