Carol:

As Tana mentioned in our meeting, the Credit guys are in discussions with 
Aspect as to who should be the counterparty to the swap (we think it should 
be JEDI, they think it should be ECT).

There is a master agreement in place between JEDI I and Inland (which 
suggests that there is probably a swap in place that maybe should have been 
transferred and still binds JEDI I).

Mark




Carol St Clair
01/07/99 11:24 AM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:  
Subject: JEDI II

Mark: 
Here is the list of JEDI I assets that were transferred 100% to JEDI II in 
january, 1998

Inland Resources, Inc. -preferred stock investment
Vastar Resources - 50% JV interest
Aspect Resources LLC- $16,000,000 credit facility
Sierra Well Services, Inc. - $60,000,000 credit facility and warrants
TransCoastal Marine Services - 2 credit facilities and warrants
Browning Exploartion LP - lp interest

Carol