Twister Omnibus/Assignment

Carol: John sent the email to all paralegals after he and I spoke in the
morning (6/2) since we didn't know who would handle. I remember, now, I
checked the log in book while Susan was at lunch and it wasn't there so when
I asked her about it, she told me she was holding a prior confirm for Twister
( apparently inactive until further notice) and she was now going to handle
this one. I reminded her that I was leaving early to fly to NO so that I'd
have enough time to review. The rest is history. Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 06/07/2000 04:23 PM -----

Sara Shackleton
06/02/2000 01:21 PM

To: Susan Flynn/HOU/ECT@ECT
cc:
Subject: Twister Omnibus/Assignment

Susan: you need to log this in. I'm leaving early today. SS
----- Forwarded by Sara Shackleton/HOU/ECT on 06/02/2000 01:19 PM -----

John Suttle
06/02/2000 10:45 AM

To: Susan Bailey/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
cc:
Subject: Twister Omnibus/Assignment

Team,

I have had a few conversations over the past couple of days with Terry
Brownrigg at Twister Gas Services, LLC and Todd Tharp with Sanguine, Ltd..
We transacted with Twister last week and I had sent you a credit worksheet
for the transaction. Twister is a broker who transacts on behalf of small
E&P companies, and in this case, the E&P agreed to post the L/C we quoted for
the transaction. After talking to Sara, it sounds like we are going to go
ahead and send a confirmation to Twister for the deal and attach to the
confirmation an assignment of the deal from Twister to Sanguine. It is my
understanding that both Terry and Todd will need to sign both the
confirmation and the assignment, so I think we will need to carefully
coordinate the steps through the Confirmation Desk (Sheetal Patel).

I have attached a worksheet for the transaction (Sanguine agreed to post
$500K). Please coordinate with Sara, Sheetal and me in getting this out.

The contact information at Sanguine is:
Todd Tharp
Manager of Gas Contracts
Sanguine, Ltd.
1861 East 71st Street South
Tulsa, Ok 74136

Thanks,

John