Q: Mark Haedicke approved the hiring of King & Spalding for this matter. I will drop Mr. Derrick a voice mail, but I would faint if he objected. John, we need to talk about the sale of the LLC, and the generation of a draft doc re same. Please let me know if you are available today to discuss this transaction with Sr. Jacoby and me. Additionally, it would be helpful to discuss the tolling arrangement with Ken. Thanks,
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A: Midway

Q: POSREP HOEGH GALLEON, DATE: 30th. 1200lt A) Position at noon : ALGECIRAS OUTER ANCHORAGE. B) Dist. from last noon : 303 N.MILES (17HRS. 42MIN.) C) Dist. to go to next port: 4422,5 N.MILES D) Eta next port : MAY 13TH. 0900LT E) 1:Average sea/weather : Wind:NE 5 Sea:NE 4 2:Average speed : 17,12 knots / average RPM 94,3 3:B.O.G. consumed : NIL 4:F.O. consumed : 111 MT 5:G.O. consumed : NIL Brgds Oe. Hansen Master E-mail: master.gall@hoegh.no Teleph: Inmarsat tel.no.+874 330853910 Fax : Inmarsat fax no.+874 330853913 Telex : Inmarsat B telex no.+584 330853915 Telex : Inmarsat C telex no.+584 430853910 (24hrs.watch)
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A: DAILY POS. REPORT

Q: Attached for your review in the Gallup Transaction are the following documents: 1. Assignment and Contribution Agreement - Assignment operational documents and rights in assets from ECS into the LLC 2. Engineering, Procurement, and Construction Agreement - Defines relationship between ECS and Enron Engineering and Construction Company for installation of the motor driver at Gallup. This document will be assigned into the LLC except for that portion which relates to the electric power transmission line. The utility will take ownership of the transmission line per the power purchase agreement. Also forwarded via hard copy yesterday, was the executed Power Purchase Agreement. Please let me know if you have not received this yet. I will shortly email the form of gas purchase agreement between the LLC and ECS. This will merely be a new Confirm (Transaction Agreement "C") which will operate under the existing Enfolio Master Firm Purchase Agreement between ECS and the LLC which was created for Kachina.
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A: Gallup Docs.

Q: I've left messages describing our idea with TURN and the large cogenerators/marketers/producers, and I've spoken with the Farm Bureau and the California Manufacturers Association. The Bureau and CMA agree with our idea and I've asked them to "pass the word along" to other customer groups and to try to ensure that its an integral part of the negotiations. I'll be calling other customer groups and will report back on those conversations. Best,
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A:
Conversations with Customers on Date Certain for End of Rate Freeze in Legislation