Georganne, this agreement will be executed Monday, dated as of Fri, Sept 28. I am out of the office on Monday, but by this e-mail I am asking Gerald Nemec to forward to you a copy of the executed agreement.  Will you please oversee the removal of the transportation positions from the MTM books as of Sept 30 (you mentioned Jeff Gosset?). The 3Q removal is important as Northern Border will be recognizing income as a result of the agreement.  We have already discussed (casually at last Monday's mtg) our accounting. We will probably need to discuss the Purchase Price Adjustment due ENA, as it has been negotiated and is being netted against the amounts due to Northern for the transportation capacity (we are the net payor). Generally speaking, AA may notice, if so, let me know, although clearly the acctg risks in this deal belong to Northern. 

-----Original Message----- 
From: Nemec, Gerald 
Sent: Fri 9/28/2001 5:40 PM 
To: Whitt, Mark 
Cc: Sherman, Cris 
Subject: FW: Final Settlement Statement and Amendment to Master Services Agreement



For your review.  Let's talk early Monday. 

 -----Original Message----- 
From:   Daniel, Shonnie  
Sent:   Friday, September 28, 2001 5:27 PM 
To:     Nemec, Gerald; Sherman, Cris; Wiederholt, Patricia; Peters, Jerry 
Cc:     Baldridge, Don 
Subject:        Final Settlement Statement and Amendment to Master Services Agreement 


At the request of Don Baldridge I am forwarding a draft Final Settlement Statement and an Amendment to the Master Services Agreement (clean and red lined against the version previously provided Enron North America Corp.).


Shonnie Daniel <<Final Closing Statement2.doc>> <<Master Services First Amendment ver 4.doc>> <<Master Services First Amendment ver 4red.doc>> 

Crestone Energy Ventures, L.L.C. 
1400 16th Street, Suite 310 
Denver, CO 80202 
Phone (720) 946-3667 
Fax (720) 946-3710 
shonnie.daniel@enron.com 

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