RE: Crestone Restructure

Paul, let's try to find some time on Friday to discuss next steps.

BT

-----Original Message-----
From: Lucci, Paul T.
Sent: Wednesday, September 19, 2001 4:22 PM
To: Whitt, Mark; Tycholiz, Barry
Subject: RE: Crestone Restructure

Mark and Barry

I have talked to Crestone about backing us in a Northern Border transportation deal. Basically they are on board, however I have not shown them any economics. What I believe needs to take place is to identify Northern Border shippers who would be willing to release their capacity. Once we are able to put the capacity release economics together, which will be driven by the Northern Border shippers, we will be able to
show Crestone a deal. I do not have any potential parties willing to release Northern Border capacity. I have talked to the Central desk about this opportunity, they informed me that they had no interest in this type of an arrangement. I personally believe we can manage ENA's current Northern Border position more efficiently but have been unable to convince others of this. Any ideas you can provide would be helpful.

Paul

-----Original Message-----
From: Whitt, Mark
Sent: Friday, September 14, 2001 7:46 AM
To: Lucci, Paul T.
Subject: FW: Crestone Restructure

Where are we on the Northern Border deal?
-----Original Message-----
From: Tycholiz, Barry
Sent: Friday, September 14, 2001 7:17 AM
To: Whitt, Mark
Subject: Crestone Restructure

Mark, Good Morning.

Any updates on Crestone structure ( re-price of deal), also, Paul discussed the Northern Border deal with potentially the producers underpinning... pls keep me posted on status.

BT