Message-ID: <7158087.1075842212271.JavaMail.evans@thyme> Date: Wed, 26 May 1999 08:36:00 -0700 (PDT) From: dan.hyvl@enron.com To: stephen.hooser@enron.com Subject: Re: ECT and HPLR contracts not to be transferred to HPL Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Dan J Hyvl X-To: Stephen W Van Hooser X-cc: X-bcc: X-Folder: \Dan_Hyvl_Dec2000_June2001\Notes Folders\All documents X-Origin: HYVL-D X-FileName: dhyvl.nsf Are you the steve referred to in item 1. If so what is the difference between monthly business between Tufco and monthly business with another prohibited party either Lone Star Gas Company or Southern Union Gas Company. There should be no difference. ---------------------- Forwarded by Dan J Hyvl/HOU/ECT on 05/26/99 03:34 PM --------------------------- Enron Capital & Trade Resources Corp. From: Brenda F Herod 05/26/99 02:58 PM To: Dan J Hyvl/HOU/ECT@ECT cc: Melissa Graves/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT Subject: Re: ECT and HPLR contracts not to be transferred to HPL I have given this information to Tom Martin, Greg McClendon and Ed Gottlob. Their questions/comments are summarized below. TUFCO: Tom has discussed with both Barbara and Steve that the desk (now HPLC) will be "trading" with TUFCO on a monthly and daily basis. He understands that the term business needs to remain in ECT but that HPLC CAN trade with TUFCO. This needs to be confirmed. When reviewing the listing, all asked questions as to why certain municipalities were not included in the "prohibited" listing. I explained our process of reviewing the counterparties, and how we noted the reason they were excluded (ie, sales to City of Austin are for power generation only). Can someone recap the counterparties reviewed as well as the logic for their exclusion from the prohibited list? I would like to review it with Commercial. I assume that Melissa is addressing the Western Gas Resources, Inc - Texas issue. I discussed with Tom his feelings on the "marketing" enntitiy agreements remaining in ECT. He believes it is more important to move as much of the business to HPLC than any benefits derived from the contracts remaining in ECT. Therefore, we will assign those contracts with the marketing arms of prohibited companies such as Entex Gas Marketing. I have talked with Joe Deffner regarding monetized contracts. He is discussing with Kristina Mordant of Legal who is researching the documentation. Initially they felt there were no large issues which would interfere but reserved complete answers until the review is completed. My listing of monetized agreements include the following: Brandywine, DEI/Calpine, GSU/Entergy, Southern Union, TUFCO, Union Carbide and Entex. The transport agreements need to be reviewed. Elsa Villarreal is out on vacation beginning 5/28 until 6/14. She is reviewing the listing today and tommorrow, and is providing her advise as to terminations and new agreements. I will coordinate with Darren Farmer also. Enron Capital & Trade Resources Corp. From: Dan J Hyvl 05/25/99 11:46 AM To: Brenda F Herod/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT cc: Shawna Flynn/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT Subject: ECT and HPLR contracts not to be transferred to HPL I have again reviewed the master listing which Melissa prepared last Thursday and compared the names thereon to the RRC listing of Investor Owned Companies Filing Annual Reports for calendar year 1997. Based thereon, the following companies should be excluded from the gas sales agreements being transferred to HPL: City of Brazoria D & H Gas Company, Inc. Empire Pipeline Corp. Entex, a Division of NorAm Energy Corp. Gulf Gas Utilities Company Lone Star Gas Company Markham Gas Corp. Oasis Pipe Line Company Petrofina Gas Pipeline Company Reliant Energy - Entex Southern Union Company ---- This should be "Southern Union Gas Company, a division of Southern Union Company" Southern Union Gas Company Texas Utilities Fuel Company Unit Gas Transmission Company Inc. Additionally, we need to verify that Global Contract # 96003955 is not "Western Gas Resources-Texas, Inc." If it is, it should also be excluded. Also excluded is the Central Desk deal with "Central Illinois Light Company". Have we determined if the agreements with "Entex Gas Marketing Company" and "Mercado Gas Services, Inc." are staying or going?