Janette,

I did leave you a voice message.  The Commodity price right now is $2.55 with a $.03 premium to schedule out of the basin and a $.05 premium to schedule the delivered volumes at the delivery point.  Also, in order to be allowed to schedule for you, we will have to get an agency agreement in place with El Paso, which could take some time.  In the case we don't get it in place to schedule for you Aug 1st, you could request El Paso to put your nom in daily until we get the agreement executed and in place.

Let me know if you have any questions.

Thanks,

Kim

 -----Original Message-----
From: 	"McClintock, Janette OJ" <Janette.J.McClintock@BHPBilliton.com>@ENRON [mailto:IMCEANOTES-+22McClintock+2C+20Janette+20OJ+22+20+3CJanette+2EJ+2EMcClintock+40BHPBilliton+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Friday, July 27, 2001 1:26 PM
To:	Ward, Kim S (Houston)
Subject:	RE: Parent Guaranty

Kim,
I will discuss the Guaranty form with Vito and pass it along to the people
that will need to handle this issue.

We do need updated pricing - I left a message on your voice mail about 15
minutes ago.  A reply by e-mail will be fine.

Thanks,
Janette

-----Original Message-----
From: Ward, Kim S (Houston) [mailto:Kim.Ward@enron.com]
Sent: Friday, July 27, 2001 11:10 AM
To: Janette McClintock (E-mail)
Subject: Parent Guaranty


Janette,

Attached is the Parent Guaranty form that we need to get executed in
order to do business.  Enron's credit department is asking for the
guaranty to be for $10 million.  Let me know if you guys are agreeable
to this.  Also, I need to know if the name of the guarantor is BHP
BILLITON LTD.  We couldn't tell from the web site if this was correct.

Let me know if you need updated pricing.  Prices were down on the day
but have moved back up.

Thanks,

Kim
713-853-0685

 <<BHP Copper Guaranty Physical Format.doc>>


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