IN: In an effort to bring incremental revenue for our pipeline, I researched outstanding invoices generated from facility interconnects, etc. Transwestern currently has no outstanding dollars to collect. However, there appears to be $600,000 that can be collected on Northern Natural in addition to $250,000 that was written off. Attached are the spreadsheets from Accounts Receivable.

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OUT: Outstanding Invoices

IN: I just sent you National Fuel Gas Supply contracts. The contact at National Fuel contact is Joseph Bettinger, Senior Manager-Interstate Marketing Department. Address 10 Lafayette Square Buffalo, NY 14203

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OUT: Contract Stuff

IN: Ken I understand a Turkish industrialist named Nuri ?olakoglu has been in contact with you through Bill Miller and possibly Jerry Giest. Colakoglu is an extremely wealthy and well regarded Turkish industrialist who has aggressively expanded into the Turkish energy sector. We have had a number of meetings with Colakoglu over the years and although we appreciate his potential prospects for the future we do not see a win-win opporutnity with his organization at this time. We expect he may try and contact you so wanted to let you know in advnace the background on his proposal. Colakoglu has proposed that, in order to manage our Trakya payment issue, Enron utilize the Arcos turbines to build, on balance sheet, a 1200 MW power plant at the tailgate of his recently completed specualtive LNG regas facility in Turkey. The plant would be part of a comprehensive proposal to the Turkish Ministry of Energy and Natural Resources to reduce the prices at Trakya, in exchange for an agreement by TETTA? (the new Turkish power trading company resulting from the split up of TEA?, the former electricity monopoly) to purchase power from the new facility. All three plants would be fuelled by LNG provided by Enron and tolled through the Colakoglu's regas facility. In essence, Nuri wants us to build a power station as soon as possible to use the capacity at his LNG terminal which is now idle and has the potential to be a white elephant. Our team has explained to Colakoglu that they thought the fact that the proposal relied totally on TETTA? 's credit was fatal, but that they would discuss it with EEL management. Lloyd Wantschek has responded to Colakoglu in the attached letter (we have highlighted the relevant portion for your information).

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OUT: Turkish industrialist Nuri Coalkoglu

IN: We will be able to attend the Questar Southern Trails data room on Monday and Tuesday (Oct 29th and 30th) as originally planned. If you only need one day, please let me know which day you'll be attending. Questar is located at 180 East 100 South, Salt Lake City, Utah. Our main contacts are Jodi Starley at (801) 324-2082 and Gary Schmitt at (801) 324-2082. The hours of the data room are 8:00 - 4:00. They are looking at our data request and working to make sure they can accomodate us. Also, Engineers available for interviewing are only available on Monday. Legal staff needed to be interviewed are only available on Tuesday. If there are other staff that are needed for interviews, please let me know. Some attendees are staying at the Salt Lake City MARRIOTT SALT LAKE CITY, 75 S. West Temple, Salt Lake City, UT 84101 Phone: 1-801-531-0800 FAX: 1-801-532-4127 for Sunday and Monday nights. You need to make your own travel reservations and it is advised that you do that as soon as possible. The Bid for Southern Trails West Leg) is due December 10th. I show the following people going to the data room: 1. L.D. Stephens - Team Leader/Operations 2. Larry Campbell - Environmental 3. Larry Gleffe - ROW 4. Mike Ames - Pipeline Safety 5. Warren Schick - Property Tax 6. Bob Chandler - Finance 7. Stephen Dowd - Corp Dev 8. Kim Watson - Marketing 9. Mark McConnell - Marketing Please let me know if this list needs any corrections. Mark

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Questar Southern Trails Data Room OCT 29 - 30 (Monday and Tuesday)