IN: Per my conversation with Credit, it appears there are two Northern States Power Companies. We have already reviewed Northern States Power Company, a Minnesota corporation (cpy ID #265). The counterparty that showed up on yesterday's list is Northern States Power Company, a Wisconsin corporation (cpy ID #161). The Wisconsin corporation is a sub of the Minnesota corporation. I don't know if this makes any difference in your approvals...

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OUT: Counterparty Clarification

IN: I have not been able to locate any other term sheets that are tailor-made to purchases of oil and gas properties (most of the documents we have are related to financing someone else's acquisition of properties). However, Nancy Corbet has a template for an oil and gas property purchase and sale agreement that we could review and use to "beef up" our standard LOI and term sheet if you wanted to go that route. Let either of us know if you want to see that document, or if we can help out on the project.

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OUT: Oil & gas transaction Term Sheet

IN: Jay, Attached for your review and commentary is a copy of the draft review I prepared for Steve. I would appreciate your views and please make changes you feel are necessary and appropriate. It is set up for Thursday morning at 9 am. I could use your help. What do you think? mike

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OUT: Steve Horn

IN: I am going to Portland next Tuesday for a meeting on this PGT project. Can we discuss Monday to see if you have any issues/objections. Thanks,

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OUT:
WASH LAT PA 7/10