Entex assignment of contracts

Query: What does this mean as far as our assignment request?

Eric Gillaspie
713-345-7667
Enron Building 3886
----- Forwarded by Eric Gillaspie/HOU/ECT on 07/19/2000 05:07 PM -----

Brant Reves
07/19/2000 08:12 AM

To: Veronica Espinoza/Corp/Enron@ENRON, Russell Diamond/HOU/ECT@ECT, Brad
Schneider/Corp/Enron@Enron
cc: Eric Gillaspie/HOU/ECT@ECT
Subject: Entex assignment of contracts

Russell,

Please follow up on this and pursue a guaranty amendment if neccesary.

Thanks
brant

---------------------- Forwarded by Brant Reves/HOU/ECT on 07/19/2000 08:08
AM ---------------------------

Eric Gillaspie
07/12/2000 04:19 PM
To: Brant Reves/HOU/ECT@ECT
cc:
Subject: Entex assignment of contracts

Mr. Reves,

I have not received a response in regards to the assignment of the Entex
contracts (as discussed below) from a credit standpoint. We would like to
make the assignment as soon as possible so long as credit does not have an
issue with the new Entex entity.

Thanks,

Eric Gillaspie
713-345-7667
Enron Building 3886
----- Forwarded by Eric Gillaspie/HOU/ECT on 07/12/2000 03:54 PM -----

Eric Gillaspie
06/27/2000 04:49 PM

To: Brant Reves/HOU/ECT
cc: Gerald Nemec/HOU/ECT@ECT, Jackie Morgan/HOU/ECT@ECT
Subject: Entex assignment of contracts

Mr. Reeves,

Entex Gas Marketing intends to assign certain interruptible gas
transportation agreements to a new company of theirs which is:

Entex Gas Resources Corp. (it is a TX Corp.)
P.O. Box 200905
Houston, TX 77216

Would you please run a credit check on this new entity.

Thanks,

Eric Gillaspie
713-345-7667
Enron Building 3886