Subject: RE: FW: EOGIL sale to BG
From: [email-masked]
To: [email-masked], [email-masked], [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked]
Date: Fri, 25 Jan 2002 05:52:50 -0800 (PST)

Rick Buy had a conversation with Pug Winokur yesterday in which Pug requested that a change in the Transaction Approval Process be effected immediately so that all divestitures in excess of $50 million be presented to the Board for its approval.    This change means that this transaction will need to go the the Board.

Please let me know if you have any questions or comments.

Regards,

Dave

-----Original Message-----
From: McMahon, Jeffrey 
Sent: Thursday, January 24, 2002 9:57 PM
To: Detmering, Tim; Gorte, David; Sherrick, Jeffrey
Cc: Bowen Jr., Raymond; Wallace, Stephen; Larson, Bradford
Subject: Re: FW: EOGIL sale to BG

Ok by me as long as it agrees with our corp governance policies
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-----Original Message-----
From: Detmering, Tim <[email-masked]>
To: Gorte, David <[email-masked]>; Sherrick, Jeffrey <[email-masked]>
CC: Bowen Jr., Raymond <[email-masked]>; McMahon, Jeffrey <[email-masked]>; Wallace, Stephen <[email-masked]>; Larson, Bradford <[email-masked]>
Sent: Thu Jan 24 12:50:18 2002
Subject: Re: FW: EOGIL sale to BG

Dash was signed back in October and we determined that board approval was not needed.  Buy and Pug said that non-core assets less than $500 million did not need board approval.  The document has been signed and we do not have an out for our board.  
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