Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 08/04/00 11:52 AM -----

Carol St Clair
07/10/00 10:52 AM

To: Tana Jones/HOU/ECT@ECT
cc: Russell Diamond/HOU/ECT@ECT
Subject:

Tana:
Here is where things stand on Engage:

1. Engage Energy US LP - Luke and I have agreed on the new draft of
amendment. The Credit Support Provider will be Coastal. Luke is sending me
their form of Guaranty which I will take a look at. It will cover just the
Engage Energy US financial transactions and have a cap of $10,000,000

2. Engage Energy Canada LP - It will stay as currently written although the
Guaranty from Westcoast will have now a cap of $10,000,000 and only cover the
Engage Canada financial transactions.

I need to make some minor chnages to the Engage US amendment and then it will
be ready and you can coordinate with Luke in getting it executed.

Carol