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Enron Mail |
Please read the attached and respond.
---------------------- Forwarded by Gerald Nemec/HOU/ECT on 05/19/99 01:11 PM --------------------------- Enron Capital & Trade Resources Corp. From: Gerald Nemec 04/20/99 04:07 PM To: George Weissman/HOU/ECT@ECT cc: Subject: HPLR Processing Agreement Assignment George, Please review the attached and let me know if you agree. Thanks. ---------------------- Forwarded by Gerald Nemec/HOU/ECT on 04/20/99 04:06 PM --------------------------- Enron Capital & Trade Resources Corp. From: Gerald Nemec 04/15/99 06:22 PM To: Steve -HPL- Schneider/HOU/ECT@ECT, Karry Kendall/HOU/ECT@ECT, George Weissman/HOU/ECT@ECT cc: Mary Cook/HOU/ECT@ECT Subject: HPLR Processing Agreement Assignment Steve, Per our previous discussions, I am preparing to draft assignments of the following processing agreements (between 3rd Party Processors and HPLR) from HPLR to HPLC. King Ranch Processing Plant 1. Gas Processing Agreement between HPLR and Exxon Company USA dated July 23, 1997 * Flow up to 10 mmcf/d (Primary Term to Sept. 30, 1999, then month to month) 2. Gas Processing Agreement between HPLR, HPLC, and Exxon Company USA dated May 20, 1998 * Processing for EOG BIG Cowboy Gas currently being purchased up to 70,000 MMBtu (Primary Term through October 31, 2003 * This agreement originally gave HPLR the processing capacity rights since HPLR was originally purchasing the Big Cowboy Gas under the Excess Gas Contract. This contract has been terminated and HPLC currently purchases this gas. This processing agreement by its terms reverts the processing capacity rights back to HPLC. However, I will prepare a confirming assignment of this reversion. 3. Gas Liquifiables Purchase Agreement between HPLR, HPLC, and Exxon Company USA dated October 4, 1996 * Processing for Seumar Cage Ranch Field volumes originally purchased by HPLR up to 30,000 MMBtu. (Primary Term through through March 31, 2001.) The Seumar contract has been transferred to HPLC. That portion of the contract governing sales of natural gas liquids from HPLR to Exxon will be assign to HPLC. UPRC Gulf Plains Processing Plant 1. This processing agreement has previously been assigned to HPLC. ============================================================================== ========================== George, Please confirm the above wrt HPLC currently purchasing all the production at Big Cowboy and Cage Ranch. Karry, Please re-confirm that the above are all the active processing agreement we currently have with 3rd Party Plants. Please let me know if there are any comments or issues with regard to such assignments. Along with such assignments, notification of assignment letters will be prepared and forwarded to Exxon.
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