Message-ID: <33174345.1075862274740.JavaMail.evans@thyme> Date: Tue, 30 Oct 2001 12:02:08 -0800 (PST) From: rod.hayslett@enron.com To: lawrence.clayton@enron.com Subject: RE: Producers requesting L/Cs Cc: mary.perkins@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: mary.perkins@enron.com X-From: Hayslett, Rod X-To: Clayton, Lawrence X-cc: Perkins, Mary X-bcc: X-Folder: \RHAYSLE (Non-Privileged)\Hayslett, Rod\Sent Items X-Origin: Hayslett-R X-FileName: RHAYSLE (Non-Privileged).pst Looks like there may have been a little confusion here, but it appears that the deal is still working as before. -----Original Message----- From: Clayton, Lawrence Sent: Tuesday, October 30, 2001 1:53 PM To: Hayslett, Rod Subject: Producers requesting L/Cs Rod, I am very concerned about the statement that Enron cannot get any added LCs' issued. This may be a disclosue event for us. I think we need this retracted and for Enron to affirm there ability to perform under our facility. Your thoughts? ----- Forwarded by Lawrence Clayton/Houston/Eott on 10/30/2001 01:49 PM ----- Josie Castrejana 10/30/2001 11:19 AM To: Lawrence Clayton/Houston/Eott@Eott cc: Subject: Producers requesting L/Cs We have the following new requests for L/Cs to cover our lease purchases. They are requesting L/Cs because of the Enron situation. I've spoken with some of them and they just won't budge. 1. Newfield Exploration $3MM to cover Oct & Nov 2. J. Cleo Thompson $1.8MM to cover Oct & Nov 3. Apache Corp. $700K to cover Nov 4. W. C. Miller $175K to cover Nov I've already spoken to Jesse Mata at Enron and she is telling me she cannot get any L/Cs issued - their banks are not allowing it. I've got a call into Jack Insigna at Standard Chartered to see if they would be willing to EOTT's L/Cs. He's checking. We could prepay Apache - they are obviously not a credit risk. the others i'm not sure about - we're checking their credit. let me know about how much you're willing to with Enron. thanks. jc