?
Subject: Click and go to http://www.enerfax.com if can not view  properly.htm

? 
[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	
[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	
[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	
[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]
																													[IMAGE]												
																																									
																																									
																																									
															[IMAGE]													
																												
																												
																												
																												
																												
																												
																												
																												
																												Click here for  a daily email link
																												
																												
																												
																												
																												
																												
																												
																																									
																									
																									
																									
																									
																									
																									
																									
																									Enerfax Daily 
																									
																									
																									
																									
																									
																									
																																									
																																						[IMAGE]			
																																	[IMAGE]								
																																									
																																
																																
																																
																																
																																
																																
																																Enerfax  Daily? -? Page  ? -? October 31,  2000? -? ? Need a  Past Issue 
-Click Here
																																
																																
																																
																																
																																
																																									
																																				[IMAGE]					
																																						[IMAGE]			
																																		[IMAGE]							
																																									
																														
																														
																														
																														
																														
																														
																														Enerfax  Daily? -? Page  ? -? October 31, 2000  
																														
																														
																														
																														
																														
																																									
																																								[IMAGE]	
																																									
																																		[IMAGE]							
																																									
																																									[IMAGE]
																																							[IMAGE]		
																																									
																															
																															
																															
																															
																															
																															
																															Enerfax  Daily? -? Page  ? -? October 31,  2000
																															
																															
																															
																															
																															
																																									
																																									
																															[IMAGE]										
																																		[IMAGE]							
																																									
																																				
																																				
																																				
																																				
																																				
																																				
																																				Enerfax  Daily? -?  Page 6? -?  October 31, 2000
																																				
																																				
																																				
																																				
																																				
																																									
																																					[IMAGE]				
																																									
																																									
																																									
																					
																					
																					
																					
																					
																					
																					Public Offered Units of Williams 
																					Energy Partners
																					
																					
																					
																					?  ? Williams will offer the public a 32% stake in its Williams  Energy 
Partners petroleum storage and distribution partnership.  Williams Energy 
Partners filed with the SEC to register 3.75 million  common units, which 
will be listed on the NYSE under the symbol  'WEG'. Williams will own 68% of 
the Williams Energy partnership  after the sale. The partnership consists of 
four petroleum products  terminals along the Gulf Coast and the New York 
harbor, 24 inland  petroleum product terminals and an ammonia pipeline. 
Lehman Brothers  will underwrite the sale which is expected to begin next 
January.  The estimated total proceeds would be about $90 million if the  
underwriters exercise an option to sell an additional 562,500 units  if 
needed to meet investor demand. If that overallotment option is  
																					
																					
																					
																					
																																									
																																
																																
																																
																																
																																
																																
																																
																																exercised, the public would have a 37% stake in the  partnership. The four 
marine terminals have a storage capacity of  more than 17.6 million barrels. 
The 1,100 mile-long pipeline  transports and distributes ammonia from 
production facilities in  Texas and Oklahoma to various distribution points. 
Ammonia is  produced from natural gas and is used primarily as a nitrogen  
fertilizer. Williams did not name an individual price for the common  units. 
It would expect to receive net proceeds of about $70 million  from the sale 
of the 3.75 million common units, based on a?  unit price of $20. WEG will 
use the proceeds, together with $90  million from its line of credit, to 
repay $156 million of debt owned  to Williams. Williams Energy will offer 
holders of the units a  quarterly distribution of $0.52 per unit each 
quarter. Last week,  Williams said third-quarter profit more than quadrupled, 
beating  estimates. 
																																
																																
																																
																																
																																
																																
																																									
																							[IMAGE]																		
																																						[IMAGE]			
																																									
																																						
																																						
																																						
																																						
																																						
																																						
																																						Enerfax  Daily? -?  Page 7? -?  October 31, 2000
																																						
																																						
																																						
																																						
																																						
																																									
																																									
																																					[IMAGE]				
																																									
																																					[IMAGE]				
																																									
																																				[IMAGE]					
																																									
																																				
																																				
																																				
																																				
																																				[IMAGE]
																																				[IMAGE]
																																				
																																				
																																				
																																				
																																				
																																				
																																				For more information, please Contact Ron Ford
																																				at Ziff Energy Group, Houston, TX 
																																				(713) 627-8282 or Toll Free: 1-888-736-5780
																																				Also, visit our web-site, www.ziffenergy.com, to review our  Brochure.
																																				
																																				
																																				
																																				
																																				
																																				
																																				[IMAGE]
																																				
																																				
																																				[IMAGE]
																																									
																																									
																																		
																																		
																																		
																																		
																																		
																																		
																																		DTE,  MCN Merger to Close Next Year 
																																		
																																		
																																		? ?  DTE Energy Holding says it is unlikely that the merger with MCN  Energy 
Group will close this year. The delay is due to the  companies' decision to 
sell a portion of MCN's natural gas  distribution capacity to a unit of 
Exelon, which is subject to  Michigan PSC review. 
																																		
																																		
																																		
																																		
																																		
																																		
																																									
																																									
																																				[IMAGE]					
																															
																															
																															
																															
																															
																															
																															Financial Summary
																															
																															
																															
																															
																															
																																									
																																						[IMAGE]			
																																									
																				[IMAGE]																					
																		
																		
																		
																		
																		
																		
																		
																		
																		
																		The TSE 300 fell 68.80 points to 9253.10
																		The CRB  Index lost 0.88 points to 218.38
																		The US Dollar decreased  0.16 points to 117.14 The Dow advanced 244.77 points 
to  10835.77
																		
																		
																		
																		
																		
																		
																		
																																			
																																			
																																			
																																			
																																			
																																			
																																			
																																			The S&P 500 gained 19.07 points to 1398.65
																																			The Nasdaq  was down 87.02 points to 3191.34 December NYMEX Crude Oil rose 
0.07  to 32.81 Canadian-US Exchange climbed .0038 to  1.5310
																																			
																																			
																																			
																																			
																																			
																																			
																																									
																																									
																																									
														")} TC 																											
																											[IMAGE]														

 - blnk.gif
 - img17.gif
 - img18.gif
 - img19.gif
 - img20.gif
 - img3.gif
 - img21.gif
 - img8.gif
 - img22.gif
 - img23.gif
 - img24.gif
 - img25.gif
 - img26.gif
 - img27.gif
 - img28.gif
 - img29.gif
 - img30.gif
 - img31.gif
 - img32.gif
 - id=1381847
 - img33.gif