Subject: Request for Capacity Release - IGTS and TGP
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Wed, 10 Jan 2001 05:43:00 -0800 (PST)

John
As discussed on Monday, Enron Canada has agreed to restructure its "Boston 
Gas" agreements with Encal Energy so that Encal will become the shipper of 
record for a portion of the TGP and Iroquois capacity.  They in turn  will 
release back  to ENA for one year each April.  There should be no disruption 
to the East Desk business other than they will have additional contracts to 
manage for the same net volume.

These are the precise releases we would like you to initiate.  What we need 
to know as soon as possible is what if any credit requirements from Encal 
that the pipelines will require.

Pipe Path   Type Assignor Assignee Start Date Expiry Date Volume  Comment

IGTS Waddington to Wright Perm ENA  Encal  Mar 1, 2001 Mar 31, 2007 7,600 
mmbtu from contract 125008
IGTS Waddington to Wright Temp Encal  ENA  Mar 1, 2001 Mar 31, 2002 7,600 
mmbtu to be renewed annually

Contract 125008 has a capacity of 35,465 mmbtu with a term of Mar 31/07.  
After this release there should be 27,865 mmbtu remaining.

TGP Wright to Boston CG Perm ENA  Encal  Mar 1, 2001 Mar 31, 2007 7,500 mmbtu 
from contract 29667
TGP Wright to Boston CG Temp Encal  ENA  Mar 1, 2001 Mar 31, 2002 7,500 mmbtu 
to be renewed annually

Contract 29667 has a capacity of 35,000 mmbtu with a term of Mar 31/07 and a 
fixed fuel ratio of 1.31%.  After this release there should be 27,500 mmbtu 
remaining.

Contact Info:

Jim Jepson
Manager, Gas Marketing
Encal Energy Ltd.
1800, 421 Seventh Ave SW
Calgary, Alberta, Canada
T2P 4K9
Phone  403 750-3308
Fax 403 266-1072
Email [email-masked]

Let me know if you need to talk to Encal directly.  We would prefer to manage 
the relationship through our office.

Thanks
Kevin Heal
403 974-6727