Subject: Master Netting: Noble Affiliates, Inc.
From: [email-masked]
To: [email-masked]
Cc: credit <[email-masked]>
Date: Wed, 14 Nov 2001 15:40:54 -0800 (PST)

Noble Relationship - Parent is Noble Affiliates, Inc.

Noble Gas Marketing Inc.

Financial Products with ENA (ISDA 96016637)
Physical Gas with ENA (master firm puchase/sale 96001113

Guaranties:
	Incoming - $45mm from Noble Affiliates, Inc. covering Noble Gas Marketing Inc. benefiting ENA.
	Covers financial and physical natural gas, crude oil and other petroleum products.
	
	Outgoing - $10mm covering ENA for benefit of Noble Gas Marketing Inc.
	Covers financial products.

Samedan Oil Corporation

Financial Products with ENA (ISDA 96009168)
Physical Gas with ENA Upstream Company LLC (GTC)