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Assuming we keep Arthur Anderson on board this afternoon and assuming Enron is still in the business of doing asset monetizations like this one (which better be the case since its in the TW 4th Q plan @$2.5 mm), the following things need to happen on roughly the following timetable: 1. Mike talks to Hanover and we negotiate the price, specific contract language, etc. (hopefully within 2-3 weeks of turning Mike loose?) 2. Regulatory (assisted by Maria and me) flanges up the FERC abandonment filing and tees it up to file the minute Mike finalizes the deal with Hanover. We haven't talked about this for a while, but the story we tell FERC has to acknowledge that the monthly O&M cost will be higher under our outsourcing deal than it currently is, if load factor and other operating assumptions remain constant. That may be the key to our story line--we

Subject Line:
TW Compressor Monetization