Subject: "Revision to Master Netting Forms".

Body: As a point in clarification, in Section 2(a) of the Master Netting Agreement the parenthetical "(including automatic termination, if applicable)" should be deleted. Here are the new forms with the deletion made in them. Since the form is amending the underlyings to not include automatic termination, the parenthetical should no longer be included. Further, see the attached once again revised process (hopefully this will be the last revision for a time!). Changes are in bold and deal with the gas receivables financing and credit sign-off. To the extent a counterparty will agree to a 25th of the month effective date, do so, as it fits our physical gas billing cycle and makes it easier to pull out the receivable from the gas receivable financing.

Subject: "A.Word.A.Day--crabwise".

Body: crabwise (KRAB-wyz) adjective 1. Sideways. 2. In a cautious or roundabout manner. [From the sideways movement of crabs.] "John Smith is still moving crabwise towards modernity." John Major's Last Year?, The Economist (London), May 15, 1993. It's a blessing to have a child at home. As parent of a four-year old, I strive to answer my daughter Ananya's incessant questions about moon and earthworms and clouds and trees and bears as truthfully as I can. Our investigations into these seemingly mundane matters often reveal insights that are learning experiences for both of us. But there are times when my thoughts are elsewhere and I simply answer the question "Why?" with "Because that's how God made 'em." I didn't know the joke was on me until the evening I found the corner of our living room wall scribbled with bright shades of crayons. When questioned why we had that mural on the wall, she simply replied, "Because that's how God made it." Well, if we were to ask why a crab moves crabwise or sideways, that'd be a pretty good answer: because that's how God (or nature, depending on how your beliefs run) made it. Because that's how their legs bend. That's how their muscles flex. That's how they've adapted. That's how they survive as a species. And that's how we got a synonym for the word 'sideways' in our dictionary. If we were to look up the term 'humanwise' in a crab's dictionary, chances are it would mean 'sideways'. This week's AWAD features more words derived from animals (the only animal-based products we use around here). -Anu

Subject: "BNP PARIBAS Commodity Futures Weekly EIA Survey".

Body: Good Morning, Here are this week's stats: AGA Last Year +108 5 yr AVG +84 Lifetime High +108 2001 Lifetime Low +72 1998 Gas in STGE EIA 2096 5yr AVG 1657 +/- to 2001 +487 +/- to 5yr AVG +439 Please have your estimates in by 2:00 (1:00 CST) Wednesday. Thank you. (Embedded image moved to file: pic09747.pcx) This message and any attachments (the "message") is intended solely for the addressees and is confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval. The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified.

Subject: "Ind/Heart".

Body:
We can amend, and assign everything including the guaranties, as long as I have some paper work showing the company structure. We do not need to put a new master in place. dp