This is the content of an email: In order to terminate the referenced agreement we need to provide notice 180 days in advance of the end of the primary term or any annual extension. Based upon a May 1, 1997 in service date for the Havasu facililties, the primary term of this agreement terminates on April 30, 2002. We need to provide notice by October 31, 2001 of our intent to trigger the ROFR process (see attached). Please let me know if you have any questions. Stephanie

Subject: El Paso Agreement 9E3x -San Juan to Valero

This is the content of an email: Clem: After our legal credit meeting yesterday, we noted that the following guaranties have not yet been executed: Mieco Inc. Cinergy Marketing & Trading, LLC The Wiser Oil Company Would you please let me know when these will be executed? Thanks. Sara

Subject: Outstanding Guaranties

This is the content of an email: Jeff: Were the following points considered or discussed prior to them turning the last draft? The cross default langugae still does not work. Why was the threshold lowered to $50,000,000? Alicia: What are your thoughts on this? Carol

Subject: Swap Assignment Agreement - April 20 Draft

This is the content of an email: We just got notice of new cash control procedures. Each Thursday, RAC will have to submit to Corp. Accounting a list of payees and amounts that need to be paid for the following two weeks. All cash expenditures (excluding payroll & benefits) such as fax machine rental, expense accts, cell phones, office supplies, etc will need to be submitted regardless of amount. Sharon Sullo and I will coordinate for RAC. We are going to build a spreadsheet with all of the recurring items and establish a reporting system for non-recurring items going forward. All of the requests for RAC will be aggregated and submitted to Rick Buy for approval before sending to Corp. Our first report is due by 5:00 PM today. Your assistance is appreciated. Rick C.
Subject: Cash Control Procedures