Message-ID: <6368578.1075853769865.JavaMail.evans@thyme> Date: Tue, 12 Sep 2000 01:54:00 -0700 (PDT) From: colleen.sullivan@enron.com To: chris.germany@enron.com Subject: Re: Post-Close Storage Settlement Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Colleen Sullivan X-To: Chris Germany X-cc: X-bcc: X-Folder: \Chris_Germany_Dec2000\Notes Folders\Discussion threads X-Origin: Germany-C X-FileName: cgerman.nsf Please read the e-mails below. I don't have any problem handling this the way Tim has suggested, but since you've been working on the storage balance issues, I thought I'd ask you if there's any reason you can see not to do it this way. Please advise..... ---------------------- Forwarded by Colleen Sullivan/HOU/ECT on 09/12/2000 08:53 AM --------------------------- Timothy L Ray@EES 09/08/2000 12:26 PM To: dkinney@columbiaenergygroup.com @ ENRON cc: jporte1@ceg.com, Michael H Garred/HOU/EES@EES, Dave Scott/HOU/EES@EES, Colleen Sullivan/HOU/ECT@ECT Subject: Re: Post-Close Storage Settlement Doug; I really don't want to go down the road of putting together any more side letter agreements. They are too time consuming. I really feel that we should have no problem forwarding to you our electronic communications with ENA confirming the storage volume. You can use this as a basis to complete your billing reconciliations. I will promise to forward to you all of the volume confirmations that we have with ENA for July 31 injections. Colleen; I don't have your view. If you want to do a side letter, as was completed for the hedges, let us know. However, if you all don't feel strongly about this, then I am inclined to carry on as I described above. dkinney@columbiaenergygroup.com on 09/08/2000 08:57:32 AM To: " - *tray@enron.com" cc: " - *Snyder, Dan" , " - *Porter, Jeffrey" Subject: Post-Close Storage Settlement Tim--With regard to the Post-Close Storage Settlement between NPC and CES, the situation is that we are waiting on final, correct invoices from ENA showing the volumes injected for the 4 theoretical storages (TCO, Transco WSS, Transco ESS, and Sonat CSS). We would also like ENA to agree in some written format as to the July 31 volumes in each of these storages, where these volumes reflect the April 1 starting inventory that was left over from last winter. If these final numbers from ENA agree with the values that Jeff Porter put in the latest version of the storage exhibit to the purchase agreement, that is fine. To the extent that ENA has invoiced CES for a different amount(s), CES will resolve those differences with ENA. (We know that there are some differences, as shown in the attached spreadsheet.) I have asked Chris Germany at ENA to work with us to get this resolved, and he has agreed to do so. However, it might help expedite things if you can weigh in with Chris or with Colleen Sullivan as well. Please let me know if you have questions, etc. I am going to be out of the office for at least the next few days, but I will be checking my e-mail and voice messages periodically. Thanks. Doug Kinney Ph: 703-561-6339 Fax: 703-561-7317 - Post Close Stg settle.xls