This is the content of an email: I got a call from Tino Monaldo today passing on the results of Dennis Langley's meeting with DOE in Albuquerque. DOE indicated that their current PNM rate is "5.3 cents, exclusive of the demand charge." Tino's consultant claims that factoring in the demand charge yields an effective rate of approximately 7 cents/KWh. Assuming we need to come in at 10% less than the current rate, our bogey is 6.3 cents/KWh. This is at the high end of the range we hoped they'd be in. Additionally, DOE indicated that they need "redundancy" and don't want to rely on PNM for back up power. They want a multiple turbine facility--i.e.,

Subject: Pueblo

This is the content of an email: Ken, After numerous efforts to secure an audience with President Fox, we have been successful in scheduling a lunch with him on the 27th of June. In addition to our usual reasons for taking this very important one-day trip, I have been advised by Presidencia (equivalent for our "West Wing") that during this face-to-face meeting, we would have the appropriate opportunity to invite President Fox to visit Houston. I have just received written confirmation of the 2:30 p.m. luncheon meeting. I will be going to appropriate GHP Boardmembers and major investors to determine who would be available to participate. I wanted to give my leadership heads up and request any thoughts or ideas that you may have on this subject matter as well as to determine your availability. Regards,

Subject: Visit with President Fox

This is the content of an email: Attached are my comments to the TBI proposal. Please review and let me know if you have any comments. I also wanted to clarify a point on the Tom Brown form of gathering agreement. The revised form is an interruptible agreement with no acreage dedication. Since Tom Brown removed all the acreage dedication language, it is my understanding that they were not willing to give us an acreage dedication. To the extent we modeled our economics on any Tom Brown production, I wanted to make sure everyone understands that these volumes are not committed to the system we are purchasing and can be taken by Tom Brown to someone else at their discretion.

Subject: TBI Proposal

This is the content of an email: Suzanne: Just checking in with you. I'm really looking forward to next weekend and I really appreciate you volunteering to bring dessert! That was really "sweet" of you! How are things? Everyone here is doing great. Believe it or not, I'm playing alot of tennis and enjoying it very much. There are leagues at our club almost every morning and with Bill at home, it has given me the opportunity to get out of the house and play with the "girls" which is alot of fun for me and is helping me get back into shape. I hate to admit it, but between playing tennis and doing some volunteer stuff at Arthur's school, I could actually get used to this sat at home stuff although I still really miss my work and it's going to be a tough decision when I have to make it in a few months. Charles is doing great. Wait until you see how much he has grown. I can't wait for my parents visit. I just wish that they would stay longer! Alos, don't be bashful about stopping by here when you are in the neighborhood. The only bad times are after 7 at night. Charles gets pretty cranky around that time and we are working on trying to get him to sleep more during the day. Part of that is our fault for being out of the house so often during the day but I need to get out, otherwise I would go crazy for sure. Before I forget, do you remember packing my gym bag, and if so, is that something that you can retrieve easily and bring with you next Sunday? Some of my tennis shorts are in there and if there is a way for you to find it, taht would be great. Well I've got to go. Take care.
Subject: Checking In