
Date: Mon, 10 Apr 2000 10:24:00 -0700 (PDT)
From: brenda.herod@enron.com
To: steve.hooser@enron.com
Subject: Re: Coastal Deal-With Exxon Participation under the Project
Agreement
Cc: michael.bilberry@enron.com, brian.riley@enron.com, daren.farmer@enron.com,
pat.clynes@enron.com, gregory.sharp@enron.com,
edward.gottlob@enron.com
Bcc: michael.bilberry@enron.com, brian.riley@enron.com, daren.farmer@enron.com,
pat.clynes@enron.com, gregory.sharp@enron.com,
edward.gottlob@enron.com

Thanks for the info!

As Greg mentioned in the staff meeting today, the intent is that this
restructured deal is papered effective 4/1/00.  The impact is potentially
that the gas is not pathed properly by counterparty or on the appropriate
transport/gathering agreements, etc.  If any rates are changing, then those
need to be changed in our systems also.  There may be other areas of changes
also - I'm not attempting to list them all.  Rather I just want to make
people aware that retroactive deals can have impacts on the daily operations.

Thanks for the information.

Pat/Daren:  Can you get with Mike and/or Brian to determine the potential
impact, if any?  Thanks.




