Wyoming

Paul,

Welcome back. The Wyoming Governor's office wants to meet in August re energy issues. I have identified the appropriate Enron nat gas people. I would recommend a conference call with your Wyoming contact in advance of that meeting to determine if it makes sense to fly a lot of people to Wyoming. Mark Whitt is based in Denver and focuses on nat gas marketing. I believe he has had some discusions in the past with Wyoming re their royalty positions and will likely call to discuss.

Scott Josey runs our producer finance business which finances/invests in upstream producers and projects. He has some clients that may be interested in expanding a Wyoming position.

Let me know how you would like to proceed.

Chris Calger
503-464-3735