Spreadsheet: louise_kitchen__22837__Hot List Update 4-30-01
Sheet: Compression

Deal Description Sheet - 4/30/01
Compression Services
Project Name | Counterparty | Description | Potential Valuation | Last Customer Contact | Probability | Expected Closing (Month/Year) | Weekly Updates / Comments
Project Seebreeze Phase I | Duke Field Services, Formosa Plastics and Hydrocarbons, [NAME] | NGL and RGP transport position with Duke, partially monetized at close with remaining net profit interest held by Enron. | $2.40 MM | 2001-04-27 00:00:00 | 0.9 | 2001-04-01 00:00:00 | Deal to close on Monday, April 30th.
Stagecoach | Tennessee Gas Pipeline (EPG) | 14,000 HP expansion of Tennessee 300 line. | $1.91 MM | 2001-04-25 00:00:00 | 0.75 | 2001-05-01 00:00:00 | Re-pricing.  Modifying contracts.
Project Seebreeze Phase II A | El Paso and Duke Field Services | Duke upfront payment for connection of El Paso plant to system. | $1.00 MM | N/A | 0.6 | 2001-06-01 00:00:00 | Transaction closure upon delivery of El Paso contract.
Bay Gas | Bay Gas Storage Co. | 10,000 HP storage facility expansion. | $2.40 MM | 2001-04-24 00:00:00 | 0.5 | 2001-06-01 00:00:00 | Re-pricing.
Oakhill | [NAME] | 16,500 HP retrofit (3 units). | $1.88 MM | 2001-04-23 00:00:00 | 0.5 | 2001-06-01 00:00:00 | Re-pricing.
[NAME] | Duke Energy Field Services | 20,000 HP NGL processing plant retrofit. | $1.35 MM | 2001-04-30 00:00:00 | 0.5 | 2001-06-01 00:00:00 | Working on additional transaction options.
HPL Texas City | AEP | 8,000 HP for growth markets. | $1.10 MM | 2001-04-24 00:00:00 | 0.5 | 2001-08-01 00:00:00 | Waiting on client decision.
Project Seebreeze Phase II B | TBD | Additional gas procurement into NGL system benefiting Enron net profit interest. | $3.00 MM | N/A | 0.5 | 2001-08-01 00:00:00 | Negotiating with counterparites for wellhead contracts.
Enron Methanol | Enron Clean Fuels | 16,500 HP retrofit (3 units). | $1.88 MM | 2001-04-27 00:00:00 | 0.25 | 2001-08-01 00:00:00 | Re-pricing.
Cross Timbers | Cross Timbers | 6,200 HP of Gathering Compression | $500 M (early) | 2001-04-26 00:00:00 | 0.25 | 2001-08-01 00:00:00 | Gathering information.
Southern Trails | Questar Pipeline Co. | 16,000 HP in total on up to 4 new stations. | $1.00 MM | 2001-04-16 00:00:00 | 0.5 | 2001-09-01 00:00:00 | Waiting on client decision.  Re-pricing.
Project Chile | ENAP | Chilean field redevelopment - 30,000 + HP. | $10.00 MM | 2001-04-23 00:00:00 | 0.25 | 2001-09-01 00:00:00 | Rewriting C.A. & engagement letter; data gathering.
Unocal | Unocal | 6,500 HP grass roots station. | $3.16 MM | 2001-04-23 00:00:00 | 0.25 | 2001-09-01 00:00:00 | Contingent on success of storage development project.
Nicor | Nicor | 40,000 - 100,000 HP replacement project. | $500 K (early) | 2001-04-16 00:00:00 | 0.25 | 2001-09-01 00:00:00 | Currently gathering data.
Eastchester Phase II | Iroquois Gas Pipeline | 14,000 HP grass roots expansion. | $2.00 MM | 2001-04-16 00:00:00 | 0.5 | 2001-11-01 00:00:00 | Defining technical specifics.
East LA | ET&S | 21,000 HP storage development. | $1.50 MM | 2001-04-17 00:00:00 | 0.5 | 2001-11-01 00:00:00 | Contingent on success of storage development project.
Project Seebreeze Phase III | TBD | Final monetization of Enron position. | $3.00 MM | N/A | 0.25 | 2001-12-01 00:00:00 | Pursue after initial transaction close.