Rough draft of Murphy Medusa Bid

Gerald,

Attached are rough drafts of the non-binding Murphy Medusa bid. The bid is
due by end of day on Tuesday 3/20/01. I am waiting on some data from a
pipeline consultant. In addition, we are still running our models to
determine the tariffs that we will submit. As usual, the client has dropped
some last minute requests on us (email this afternoon). Hence, the nice bid
schedule I developed was on track until last Friday....but hey, last life. I
will try to forward changes to you ASAP. I now hope to have a "cleaned up
draft" by Wed.

As I mentioned, the contingencies listed in the cover letter are repeated at
the end of the bid.

Thank you for you support,

Kenn Loch
713-345-8962