Enron Mail

From:gerald.nemec@enron.com
To:bgpenn@marathonoil.com
Subject:Re: South Pass 89 B Lease of Platform Space
Cc:
Bcc:
Date:Wed, 5 Jul 2000 09:54:00 -0700 (PDT)

I reviewed the draft you forwarded. Looks good. I have the following two
questions:

Section 1.1 - The fourth sentence down in the parenthesis "(whether owned or
leased by LESSEE)". Shouldn't that read "(whether owned, operated, or leased
by LESSEE)" since Mariner only operates the Property for MEGS?

Term - Shouldn't the term mirror the term for the Production Handling
Agreement? Section 7.1.2.e allows termination after January 1, 2005. Why
would Marathon want to terminate while the PHA is still in effect?






"Bradley G Penn" <BGPenn@MarathonOil.com<
06/14/2000 09:16 AM

To: lvickers@br-inc.com, Gerald.Nemec@enron.com, jdegraffenreid@hess.com,
gharless@mariner-energy.com
cc: ERGetz@MarathonOil.com, JCAlbert@MarathonOil.com,
RAHernandez@MarathonOil.com, RJColosimo@MarathonOil.com
Subject: South Pass 89 B Lease of Platform Space


Attached is a revised Lease of Platform Space Agreement (LOPSA) for the MEGS
property associated with the Mariner Pluto subsea development. This version
has Mariner as operator on behalf of MEGS, L.L.C. as Lessee. The responsible
party will be Mariner for performance and notification. The obligations
between Mariner and MEGS are covered in their separate agreement for O&M.
Please review and let me know if you have suggested changes. I will not be
able to access my e-mail between June 21 and June 29. Hopefully on June 29 we
will be in our new offices in Houston and ready to go.
Thanks,
BGP

- Megslops.doc