From: dave.schafer@enron.com
To: stanley.horton@enron.com
Date: 2000-06-27 06:44:00+00:00
Subject: The EOTT articles in the Press

As promised...
  If more coverage surfaces, I'll send it along.
 d.s.
---------------------- Forwarded by Dave Schafer/OTS/Enron on 06/27/2000 
06:41 AM ---------------------------


Jason Hannagan
06/26/2000 04:55 PM
To: Stanley Horton/Corp/Enron@Enron, Dave Schafer/OTS/Enron@ENRON, Gina 
Taylor/OTS/Enron@Enron, Scott Vonderheide/Corp/Enron@ENRON, 
Dana.Gibbs@eott.com/Mary.Ellen.Coombe@eott.com
cc:  

Subject: The EOTT articles in the Press


Below is the coverage on the Mike Burke June 23 release.  The Houston 
Chronicle article for Sat. June 24 is below along  with a couple of AP online 
sources.

Jason Hannagan
Paper: Houston Chronicle
Headline: CEO at pipeline operator leaveshis post abruptly
DOCID: 35830
Date: 06/24/00
Section: BUSINESS
Page: 2
Edition: 3 STAR
Byline: MICHAEL DAVIS
Credit: Staff
Length: 4
Keys: Resignations
Proc: edtcmc
Slug: eott
Michael Burke resigned abruptly Friday from the chief executive's post
at crude oil pipeline operator EOTT Energy Partners.

The Houston company said its board of directors had accepted the
resignation of Burke, "effective immediately." Burke, 56, is leaving the

company "to focus on emerging investment and business opportunities,"
the company said in a written statement.

The partnership has lost money the last three years in a row but it was
profitable in the first quarter of this year with a net income of $2.2
million.

Burke's resignation came just days after the pipeline partnership
revised its first-quarter net income upward by $100,000.

The revisions were made as a result of a review of the company's
computerized marketing and accounting system, the company said. In a
filing
with the Securities and Exchange Commission, the company said the
computer problems resulted in "unexplained variances in financial
results
reported by the system."

Stanley Horton, chairman of EOTT , will assume the duties of chief
executive officer. Dana Gibbs, currently executive vice president and
chief
commercial officer, will become president and chief operating officer of

EOTT . Horton and Gibbs will comprise the office of the chairman for
EOTT .

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(Next article from Reuters)

EOTT Energy CEO Burke resigns
Reuters Company News - June 23, 2000 16:37

Copyright 2000 Reuters Limited. All rights reserved. Republication or 
redistribution of Reuters content is expressly prohibited without the prior 
written consent of Reuters. Reuters shall not be liable for any errors or 
delays in the content, or for any actions taken in reliance thereon. 
NEW YORK, June 23 (Reuters) - EOTT Energy Partners LP said on Friday that 
Michael Burke has resigned as chief executive officer, effective immediately. 

The Houston-based independent energy company said that Stanley Horton, 
chairman of EOTT, will assume the duties of chief executive and will remain 
chairman and CEO for the Enron Gas Pipeline Group. 

Dana Gibbs, currently executive vice president and chief commercial officer, 
will become president and chief operating officer of EOTT, the company said. 
Horton and Gibbs will comprise the Office of the Chairman for EOTT. 

Shares of EOTT ended the day flat at 14-1/16 on the New York Stock Exchange. 


------------------------------------------------------------------------------
--
(The last article from Hoover's online)

EOTT Energy Partners, L.P. Announces Management Changes
PR Newswire - June 23, 2000 17:23
Jump to first matched term


HOUSTON, June 23 /PRNewswire/ -- The EOTT Energy Partners, L.P. (NYSE: EOT) 
(EOTT) Board of Directors announced today that it has accepted the 
resignation of Michael D. Burke, effective immediately. Mr. Burke is leaving 
the company to focus on emerging investment and business opportunities. 

Stanley C. Horton, chairman of EOTT, will assume the duties of chief 
executive officer. Mr. Horton will remain chairman and chief executive 
officer for the Enron Gas Pipeline Group. 

Dana R. Gibbs, currently executive vice president and chief commercial 
officer, will become president and chief operating officer of EOTT. Horton 
and Gibbs will comprise the Office of the Chairman for EOTT. 

EOTT Energy Partners, L.P. is a major independent marketer of crude oil in 
the United States and Canada. Together with its predecessors, the Partnership 
has been serving the petroleum industry since 1946. Both EOTT Energy 
Partners, L.P. and EOTT Energy Corp., the general partner, are headquartered 
in Houston, Texas. The common units of EOTT Energy Partners, L.P. trade on 
the NYSE under the symbol "EOT". 

     Contact:
     Gina Taylor
     (713) 853-7681
SOURCE EOTT Energy Partners, L.P. 

/CONTACT: Gina Taylor of EOTT Energy Partners, L.P., 713-853-7681/ 

/Company News On-Call: http://www.prnewswire.com/comp/118371.html or fax,