Enron Mail

From:gerald.nemec@enron.com
To:heidi.withers@enron.com
Subject:Entex Contract Review
Cc:eric.gillaspie@enron.com
Bcc:eric.gillaspie@enron.com
Date:Thu, 25 May 2000 08:44:00 -0700 (PDT)

Heidi, I have reviewed the contracts and the amendments and the following is
their status:

1. Contract Number 96006959 (012-41991-02-004) Amended April 1, 1999

Term: Month to Month and may be terminated by either party with 10 days
written notice prior to end of the month (But see rate section below)

Rate: Agreement was amended on April 1, 1999 to put a flat rate of $0.085
for all receipts at Thompsonville (Meter #6351) through March 31, 2006
(This language would override the month to month term) No other Points of
Receipt are allowed under this contract.

Note: Prior to the Amendment on April 1, 1999, the $0.01 fee escalator was
still in effect for any volumes moved under this contract prior to the
Amendment. If the escalator wasn't assessed during that time, it should have
been. This escalator would have applied to all receipts and fees on the
original Exhibit A to the contract.

2. Contract Number 96006966 (012-41991-02-003) Amended April 1, 1999

Term: In effect through March 31, 2006

Rate: Those set forth on Exhibit A as amended on April1, 1999 for the
terms set forth on Exhibit A.

Let me know if you have any questions concerning the above summary.