This is the content of an email: Mark: Thanks so much for your explanation earlier today. Just one more question, please: is arbitration or litigation the preferance under English law? How often do you negotiate to the contrary? Thanks. Sara

Subject: ISDA Agreements governed by English law

This is the content of an email: POSREP HOEGH GALLEON 11TH. APRIL 1200LT (1500UTC) A) Position at noon : N 27 56 W 063 59 B) Dist. from last noon : 442 n. miles (25 HRS.) C) Dist. to go to next port: 1764 n.miles D) Eta next port :April 16th. 0001lt. E) 1:Average sea/weather :Wind: SW 3, Sea: SW 2 2:Average speed :17,68 knots / average RPM 90,08 3:B.O.G. consumed :288,734M3 4:F.O. consumed :61 mt. 5:G.O. consumed :nil 6:Average vapor press. Tk. 1:0,103 bar. Average liq. temp:-158,6 Tk. 2:0,101 :-158,6 Tk. 3:0,103 :-158,5 Tk. 4:0,101 :-158,6 Tk. 5:0,103 :-158,6 Brgds Oe. Hansen Master E-mail: master.gall@hoegh.no Teleph: Inmarsat tel.no. 330853910 Fax : Inmarsat fax no. 330853913 Telex : Inmarsat B telex no.330853915 Telex : Inmarsat C telex no.430853910 (24hrs.watch)

Subject: DAILY POS. REPORT.

This is the content of an email: Here is what I'm looking at for July 1. Paul Leanza (Clinton) has a customer that can take around 1,000 day. I don't know if that's dt or mcf. I will use mcf for this email until someone corrects me. This customer has a special deal where the pool operator gets a fuel credit on every mcf the customer pulls. For July, assuming the gathering fuel is 5%, and this customer pulls 95 mcf from your production pool, you will get a 5 mcf credited back to your imbalance account the following month. I don't know how this works with trading imbalances. But, at a NYMX of $3.95 that works out to $.21 - sounds good to me. Paul said this customer is looking for a CNG Index Flat price or and equivalent basis number. Marde will not sell at that price but I will. Marde said she would charge ENA a $.03 fee for all the volumes flowing. Actually, I would prefer to move all the pool and production gas to EES, settle up financially with EES and be done with it. What we could do to test Paul's statement, is have the customer pull 300 mcf/day out of CES's pool for July. It would be easy to see since that is the only deal. AND, have EES take over the pool deal with Power Gas Marketing. Comments / Questions? Questions John 1. Heidi (EES) said you already have some Phillips production in EES's pool. Does CES still have metered production from Phillips in CES's pool? If yes, how many meters? 2. Please give me the following info for the activity behind Peoples Phillips Power Gas Marketing Term Price Volume Heidi (EES) If we find out from John that there is still metered production in CES's pool, please call Peoples and see if we can move the metered production to EES's pool for July. Heidi Boyd with CES said you could tell them that CES is going out of business and they may make exceptions for that. Marde I would prefer to move both supply customers over to EES, where EES makes the payments and bills either Clinton or Clinton's customer. At what price will you take these deals? I assume we need to get this info from John before you can anwser this.

Subject: Peoples

This is the content of an email: Pat, the specific representation is in section 3.02(v). If you could get back to as soon as possible. We are executing these documents tommorrow. I am basically trying to make sure the Enron Compression Services Company can make this rep. given our circumstances.
Subject: LLC Agreement