This is the content of an email: In preparation to present offers to APS, Duke, and Panda, the following tasks need to be completed- James, Teb, Blair to calculate rates for $911 MM facilities according to the following guidelines- - Rate matrix based on contract terms of 15/20/25/30 years - Project depreciation consistent with contract term - Segmented rates (max rate) - Levelized - Volume allocations: SJ-780k/d; Cal Border-330k/d; Phoenix;500k/d - Incremental O&M costs charged to new shippers prior to next rate case; O&M costs re-allocated based on expected outcome following next rate case. - Incremental fuel retention charged to new shippers prior to next rate case; fuel costs re-allocated based on expected outcome following next rate case. - Determine rate sensitivity (for 15/20/25/30 year terms) assuming +/- $25 MM change in cost of new facilities - Determine rate sensitivity (for 15/20/25/30 year terms) assuming +/- $2 MM change in O+M re-allocated based on expected outcome following next rate case. Kevin to provide capital structure and cost of debt, cost of equity (in light of recent circumstances) in support of new rate analyses. Eric, Kevin, Lorraine and Michelle to outline commercial transaction structures for APS, Duke, and Panda. Eric to schedule meeting to discuss rate indexation. Eric to schedule next team meeting asap (target=Nov 1).

Subject: Sun Devil

This is the content of an email: Pat, Further to our conversation, please see the attached draft of a Master Firm Purchase Sale Agreement. Please do no hesitate to give me a call with any questions and or comments you may have regarding this matter. Best regards,

Subject: Greeley Draft

This is the content of an email: Warning: I have not even opened this to see how it looks. The goal is to delete the reference to WestLB and the master agreement, so I know there is work to be done along those lines. At least this is a start. Kay

Subject: Agreement

This is the content of an email: Gerald, As discussed yesterday, we are targeting to deliver an LOI to Oakhill Pipeline this Thursday morning. Please review the attached LOI Draft and provide any comments. Items in red are still being worked and will be confirmed by tomorrow afternoon. Please contact me with any questions. Thanks, Lisa Druzbik
Subject: Oakhill Compression Project - LOI