Kim -

Here are the credit requirements for additional HESCO deals, per your earlier call:


1.	300/day @ SOCAL border
	Price:  $3.35
	Dec '01 - May '02
	Collateral Requirement:  $100,000

2.	1900/day @ SOCAL border
	Price:  $3.32
	Oct '01 - Sept '02
	Collateral Requirement:  $900,000

3.	500/day @ SOCAL border
	Price:  $3.24
	Oct '01 - Mar '02
	Collateral Requirement:  $165,000

4.	750/day @ PG&E Citygate
	Price:  $3.78
	Aug '02 - Jul '03
	Collateral Requirement:  $375,000

5.	1000/day @ PG&E Citygate
	Price:  $3.68
	Jan '02 - Dec '02
	Collateral Requirement:  $500,000



Just FYI, I priced these collateral amounts to include the receivable exposure that we would wear as well as potential MTM exposure, priced at $0.75/MMBtu.  Please give me a call with any questions.

Thanks,

JRW