On Thursday, May 17th, senior executives with Woodside Petroleum Australian headquarters will be in Enron's offices to discuss their company and explore possible opportunities with Enron.  Woodside is the largest E&P company in Australia.   Enron was approached a couple of weeks ago by Woodside's Houston representatives regarding acquisition of oil and gas assets currently managed by ECR.  They also requested a meeting at a senior level to discuss other opportunities as well since their Australian execs were visiting Houston this week.  The agenda below was developed with input from Woodside's Houston representatives.  Woodside is interested in spending $1B on domestic US acquisitions.  They are also a large player in the LNG and natural gas markets in Australia. It appears that there are several areas where Enron and Woodside could interact.  Enron has attempted to do some LNG business with Woodside recently.  They do not seem to be fully aware of Enron's domestic or its global presence.  A goal of this meeting is to address this unfamiliarity.  I have attached briefing materials on Woodside for your review.  Hard copies of these materials are available upon request.  Special thanks to David Mims for his input.  If there are any other Enron personnel that should meet with Woodside on Thursday, please let me know.  Also please circulate this email to anyone that should be advised of this meeting or could benefit from the materials.

                            Agenda - May 17th

2:00 - 3:00        Macro Discussion on US Domestic Gas Markets  -      Julie Gomez
3:00 - 3:30        Enron's Market Presence and Global Areas of Focus -  Greg Whalley
3:30 - 4:00	LNG Discussion -                                                      Les Webber, Kurt Lindahl
4:00 - 4:15        Trading Floor Tour
4:15 - 5:00        ECR Asset Discussion -                                             Josey,ECR et al

The location for the meetings will be in conference room EB 3335.  Please give me a call if I can answer any questions.
Thanks for your help,
Scott Josey