Enron Mail

From:stephanie.panus@enron.com
To:tanya.rohauer@enron.com, credit <.williams@enron.com<
Subject:Belco Oil & Gas/Westport Resources merger
Cc:tana.jones@enron.com
Bcc:tana.jones@enron.com
Date:Wed, 3 Oct 2001 13:30:12 -0700 (PDT)

Tanya/Jay,
I am forwarding to you documentation from Westport Resources Corporation regarding the merger with Belco Oil & Gas. As you know, we have existing financial agreements with both companies, as identified below:

Belco Oil & Gas - Master Energy Price Swap Agreement dated July 8, 1999, which has unlimited credit
Westport Oil & Gas Company, Inc. - ISDA Master Agreement dated March 17, 1998

The Counterparty wants to retain the Belco Master. Please let me know what Credit wants to do.

Stephanie