CommodityLogic - Credit Approval Request

Jay,

Please review Southwest Royalties for our comfort with paying them earlier in
the billing cycle. Please keep in mind that our payable can be used as an
offset against any MTM exposure.

Let me know. Thanks,
Bill

---------------------- Forwarded by William S Bradford/HOU/ECT on 01/08/2001
12:01 PM ---------------------------

Andrea Crump@ENRON
01/08/2001 10:29 AM
To: William S Bradford/HOU/ECT@ECT
cc: Debbie R Brackett/HOU/ECT@ECT, Deana Fortine/Corp/Enron@ENRON, Douglas
Fuehne/NA/Enron@ENRON
Subject: CommodityLogic - Credit Approval Request

Hello,

Please review the attached spreadsheet for credit review. The customer
requesting access to the Financial Management Module is Southwest Realities,
Inc. (CPID - 2912). Please reply with credit response to complete the
application process.

Deana Fortine will be sending the credit requests from here on forward.
Thank you!

Thank you for your help,
Andrea
Product Control Group - CommodityLogic
x54420