Enron Mail

From:gerald.nemec@enron.com
To:barbara.gray@enron.com
Subject:Major Projects
Cc:
Bcc:
Date:Fri, 16 Mar 2001 09:22:00 -0800 (PST)

1. Kern River Expansion Bid - Executed approximately 6 agreements with
producers to partcipate in Kern River's Open Season. Producers were required
to bid in Open Season and upon award of capacity by Kern, the producers will
assign such capacity to ENA in exchange for 25% of ENA mark to market profit
on the capacity. Overall objective of the project was to increase ENA
capacity stake on this expansion. The basis is currently very profitable
between Wyoming and California. Worked with Barry Tycholiz and Mark Whitt

2. Enron Compression Services - StageCoach - Negotiating a deal to provide
HP Compression Services to Tennessee Gas Pipeline Company in Pennsylvania.
Drafts have been sent to Tennessee. Also negotiating a power and gas deal
with EES to provide electric service to the compressor and sell the gas to
EES which ECS receives from Tennessee.