-----Original Message-----
From: 	Lokay, Michelle  
Sent:	Friday, March 22, 2002 10:23 AM
To:	Watson, Kimberly
Subject:	Bullets 03/22/02


TW sold a total of 229,023 MMBtu/day of operational line pack at an average rate of $3.197/MMBtu.  The sales were to Astra Power.
Finalized OBA reconciliations with Mojave Pipeline.  Agreement to pay back physically 10,000 MMBtu/day for the remainder of this month with cash out for balance at the March Bloomberg index.  The physical gas is being sold daily and have already generated an additional $72,700.
New dollar-valued OBA, containing monthly cash out provision, with Burlington is executed.

Michelle Lokay
Account Director
Transwestern Commercial Group
713-345-7932