Williams has terminated their old Volumetric OBA and has executed a new Dollar Valued OBA, effective 12/01/2001.  Williams has also agreed to cash out on all prior period imbalances and send TW cash of $268,702.
Sold the balance of the stranded LaMaquina to Blanco capacity of 23,000 MMbtu/day to Burlington Resources at .055 plus fuel, which will generate for TW an incremental $25,000.
Sold daily firm of 18,000 MMbtu/d transport to Western Gas Resources from Permian to Topock at .08 plus fuel, generating $1440 over 6 days.
Started Virginia Power on TW Park and Ride by loaning 10,000 for one day, generating an additional $500.

Michelle Lokay
Account Director
Transwestern Commercial Group
713-345-7932