Q: As requested at the meeting, the last couple years of history of our ethane content has been analyzed. The data provided by Denis Alters were for four locations: Perry from the West Leg side, Perry from the old or East Leg Side, Brooker (East Leg) and West Palm Beach. The table below shows the percent of the time the ethane content was above a given percentage at each of the locations. For example, at Brooker, the ethane content was greater than ( > ) 3% about 25% of the time. On the East leg, the ethane content has been greater than 2% all of the time. On the West Leg side, it has been over 2% about 44% of the time, over 3% about 17% and almost never over 4%. Basically, the West Leg runs about 1.5 to around 2% when all the Destin and Mobile Bay processing is operating. Even last winter, when running processing plants was not economical, the West Leg gas exceeded 4% only one day. If you look at the plot below (I hope it comes thru), you can see that thru July of this year, the West Leg ethane content had not returned to the levels seen prior to the gas price spike last year. This is consistent with the Btu analyses on Mobile Bay. Apparently they have the ability to reduce the level of ethane removal when iethane is more valuable as pipeline gas than as a chemical feedstock and are therefore have been leaving more in the gas this year than last.
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A: Ethane Content Various Locations July 99 thur July 01

Q: We have been able to confirm that Senator Rodney Ellis will address the directors at the board meeting tomorrow. He will discuss the recently concluded legislative session. If you haven't already emailed your response, please do so as soon as possible. Thanks. Arlene McCarty Executive Assistant to the President and CEO Greater Houston Partnership (713)844-3602 Phone (713)844-0202 Fax amccarty@houston.org www.houston.org
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A: Senator Rodney Ellis

Q: The basic reason we are changing meters in Sitara is because when PGLC was originally set up, the meters were set up using the same name as what the pipeline called them, i.e. NGPL/909265. This is the NGPL meter number NOT the PGLC meter number. The PGLC Meter number is PGLC/NGPL. The only reason we are doing this is so we can have everything correctly reflected so we can upload noms into pegasys with the meter number PGLC specifically used. The 3 products that will be in place for November at PGLC are: NBPL/Manhattan - this is where we are buying Northern Border Specific Gas to take to PGLC at the NBPL/Peoples/82 (Manhattan transfer point). We will then have a meter bounce ticket to take it from NBPL/PGLC/82 to PGLC/NBPL/NB01 and take it into our pool. NGPL/Peoples - this is where we are buying NGPL specific gas to take to PGLC at the NGPL/Peoples/909285 Meter. We will then have a meter bounce ticket to take it from NGPL/Peoples/909285 to PGLC/NGPL/NGPL and take it into our pool. CHI Peoples - this is where we are buying pool gas at PGLC at the TTP pool. - this is the product that has been out there but all deals will be mapped to the TTP point. THis is where the majority of customers give us our gas. The only time we will be using the meter PGLC/NGPL/NGPL, PGLC/NBPL/NB01, PGLC/ANR/ANR, and other PGLC/pipeline specific meters is when gas is actually being delivered on a contract into the gate. For the most part all of our gas will be at meter PGLC/TTP/TTP. Thanks! !
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A: New Meters and products on PGLC

Q: I would like to welcome Tim Coffing, Gordon Savage, amd David Frost to the EWS - Portland team. Tim Coffing is a second year analyst in Enron's analyst/associate program. He spent his first rotation within the EES division of Enron. Tim is in the process of moving to Portland where his responsibilities will include managing the intra-month EWS positions and integrating them into the wholesale cash desks. Gordon Savage comes to us from EES where he was a director in the Utility Risk Management (URM) group in Houston. Gordon is in the process of moving to Portland where he will be working with Steve Swain on the EWS - West URM portfolio. David Frost is an associate in Enron's analyst/associate program. He spent his last rotation within Enron Broadband Services here in Portland and will be working with Steve Swain and Gordon Savage on the EWS - West URM portfolio. Feel free to introduce yourself to Tim, Gordon, and David so they can become more familiar with the different groups on the floor.
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A:
New Memebers of EWS - Portland