Enron Mail

From:ecenter@williams.com
To:enl-dailyupdate-txt@estutenws11.energy.williams.com
Subject:Williams Energy News Live -- today's video newscast
Cc:
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Date:Mon, 7 May 2001 19:50:47 -0700 (PDT)

[IMAGE]
=09 =09 Dear Jason, Two large mergers are done deals. Valero Energy i=
s buying rival Ultramar Diamond Shamrock for $4 billion in cash and the ass=
umption of $2 billion in debt today. The acquisition creates the second-l=
argest refiner of petroleum products in the U.S. Williams Energy, parent co=
mpany of ENL, also completed a $2.8 billion deal to buy Denver-based Barre=
tt Resources. The deal more than doubles Williams' natural gas reserves, =
and now makes Williams a producer and distributor of natural gas. Today E=
NL brought you interviews with the CEOs from all four companies. If you h=
appened to miss it, log onto the ENL website and click on "video library" t=
o see the interviews in full. ENL's Washington Bureau Chief Jay Cranford=
leaves for California early tomorrow. Jay is scheduled to cover the meet=
ing between California Gov. Gray Davis and 12 energy companies. The agend=
a of the meeting will include discussion of unpaid debts, credit and the s=
upply of power in California. Log on for updates from California with ENL'=
s Jay Cranford. Tomorrow, the Houston bureau will report on the Rig Insi=
ght Company. Kim Benestante tells us this company offers a web-based platf=
orm where other companies can access rig data such as day-rates and availa=
bility. Be sure to catch this report from Houston tomorrow. Later in the=
week, Kim will take a trip to Texas Southern University for an interview =
with Dr. Joshua Hill to talk about the University's solar technology depar=
tment. Kim says TSU has the largest solar lab facility in the South, and =
produces solar panels for use all over the world. Log on Friday when ENL =
sheds some light on the solar panel issue. Coming up tomorrow, Cook Inl=
et's Gregory Craig is scheduled to join us from our Houston bureau. Craig=
will be in to discuss Cook Inlet's joint venture with Mirant. We'll brin=
g you all the details in the 10:00 a.m. EST broadcast. This is a dynami=
c industry and things are subject to change at a moment's notice. Occasion=
ally guests cancel or change time slots. We'll continue to do our best to =
keep you updated on future interviews and events. Keep it on energynewsl=
ive.com for all your energy news. =09 =09=09=09=09
=09=09=09[IMAGE]=09=09=09 =09
=09 =09View today's Energy Wrap video: (Windows Media Player required) Br=
oadband (100k) | Dial-up (56k) Get Windows Media Player Experience=
all that Williams Energy News Live has to offer! If you are receiving t=
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ll (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST. Copyright 2001 W=
illiams Energy News Live, LLC. All Rights Reserved. =09=09=09=09=09