Enron Mail |
----- Forwarded by Barbara N Gray/HOU/ECT on 11/27/2000 06:09 PM -----
Mark Whitt@ENRON Sent by: Mark Whitt@ENRON 11/27/2000 05:22 PM To: Barbara N Gray/HOU/ECT@ECT cc: Subject: Re: Wildhorse/Tom Brown Acquisition This is something that we are looking at as either a Crescendo acquisition or an ENA acquisition. It is being evaluated as an option to rectifying our situation with Wildhorse and/or as a less expensive option to building the necessary gathering infrastructure to gather the San Arroyo High Nitrogen gas as well as other potential High Nitrogen acquisition targets. The idea being that owning the entire complex might make for an attractive package that could be flipped once all the pieces are in place and at a more developed stage. I think it is important for everyone to realize that if we do not buy this gathering system, that Tom Brown is not going to do anything to address our current situation. They are simply going to sell it to someone else and that will take a significant amount of time. Once that is completed we would then begin this entire process over with a new entity. This would lead to significant delays in the overall plant and production development time table. There is a potential deal that might be struck with Northern Border, but we need to go down this path to see how we would want to do that. Let me know if you would like to discuss further. Mark Barbara N Gray@ECT 11/27/2000 03:33 PM To: Mark Whitt/DEN/ECT@ENRON cc: Gerald Nemec/HOU/ECT@ECT Subject: Re: Wildhorse/Tom Brown Acquisition Mark, Which Enron entity is contemplating making a purchase of a gathering system????? Mark Whitt@ENRON Sent by: Mark Whitt@ENRON 11/27/2000 01:30 PM To: Arvel Martin/HOU/ECT@ECT, Audrey O'Neil/HOU/ECT@ECT, Becky Caudle/HOU/ECT@ECT, Christopher K Clark/HOU/ECT@ECT, Don Rollins/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Joan Quick/HOU/ECT@ECT, Mark Castiglione/Corp/Enron@ENRON, Mark Whitt/NA/Enron@Enron, Nick Cocavessis/Corp/Enron@ENRON, Rusty Belflower/NA/Enron@Enron, Scott Josey/Corp/Enron@ENRON, Teresa G Bushman/HOU/ECT@ECT, Walt D Hamilton/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, "Ken" <kckrisa@apex2000.net< @ ENRON, jjosborne@apex2000.net cc: Subject: Wildhorse/Tom Brown Acquisition __________________ I spoke with Bob Mustard of Tom Brown today and we are going to get access to the Wildhorse information on Wed. Nov. 29 at 1:00 MST in the Kinder Morgan offices. We will have until Christmas to agree on a value for the assets we have an interest in acquiring. Tom Brown plans to have a Data Room open Jan. 3-12 to sell all of their Pieceance and Uintah gathering assets. If we have agreed on a value for this system by Christmas then they will not include these assets in that Data Room. Let's discuss the particulars in the Tues morning meeting tommorow. Mark
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