Spreadsheet: louise_kitchen__22553__Hot List Update 07-17-01 - Management
Sheet: Compression +50

Deal Description Sheet - 7/17/01
Compression Services
Project Name | Lead Originator | Counterparty | Description | Potential Valuation | Last Customer Contact | Probability | Expected Closing (Month/Year) | Weekly Updates / Comments
Project Seebreeze Phase II A | [NAME] | Duke Field Services (El Paso-Matagorda Plant) | Duke upfront payment for connection of El Paso Matagorda plant to system. | $1.00 MM | 2001-06-01 00:00:00 | 0.75 | 2001-07-01 00:00:00 | Transaction closure upon delivery of El Paso contract.  [NAME] proposal currently under consideration by El Paso.
Oakhill | [NAME] ([NAME]) | [NAME] | 7,000 HP retrofit. | 1.01 | 2001-07-12 00:00:00 | 0.75 | 2001-08-01 00:00:00 | Discussions with Alliant Energy (partnering company) to finalize terms and conditions.
Carthage | [NAME] ([NAME]) | Anadarko | 12,000 HP Compression Station | $500 M (early) | 2001-07-12 00:00:00 | 0.5 | 2001-09-01 00:00:00 | CA is forthcoming per Anadarko.  Working on refined proposal.  Technical meeting held on 7/13.
Nicor | [NAME] ([NAME]) | Nicor | 22,000 - 72,000 HP replacement project. | $2.50 MM | 2001-07-11 00:00:00 | 0.5 | 2001-10-01 00:00:00 | Met with Nicor on 6/12 and laid out forward plan to finalize scope definition and deal structure requirements.  Planning on submitting detailed proposal by 7/31.  Working to schedule follow-up technical meeting.  Coordinating with NICOR Regulatory to structure proposal.
Crestone | [NAME] ([NAME]) | [NAME] | 5,000 - 15,000 HP greenfield for NBP expansion. | $500 M | 2001-07-06 00:00:00 | 0.5 | 2001-10-01 00:00:00 | Initial information presented to customer on 7/6/01.  Waiting for customer facility/operations expansion decision.
Stagecoach | [NAME] (Meyer) | Tennessee Gas Pipeline (EPG) | 14,000 HP expansion of Tennessee 300 line. | $0.98 MM | 2001-06-22 00:00:00 | 0.75 | 2001-11-01 00:00:00 | FERC certificate not accepted.  EPG to re-file in August/September pending new open season for transport.
JM Huber | [NAME] ([NAME]) | JM Huber | Producer asset/HP outsourcing deal. | $500 M | 2001-07-09 00:00:00 | 0.5 | 2001-11-01 00:00:00 | Held initial data gathering meeting on 5/31.  Developing proposal.  Working with Crestone.
Eastchester Phase II | [NAME] (Meyer) | Iroquois Gas Pipeline | 17,500 - 25,000 HP grass roots expansion. | $1.00 MM | 2001-06-22 00:00:00 | 0.5 | 2001-11-01 00:00:00 | Met with Iroquois on 5/11.  Customer is waiting on FERC approval by the end of summer for two potential projects.  FERC approval of either project will initiate deal with ECS.
Project Seebreeze Phase III | [NAME] | TBD | Final monetization of Enron position. | $3.00 MM | N/A | 0.5 | 2001-12-01 00:00:00 | Working market and awaiting initial [NAME] production.  Will develop Information Memorandum for sale to appropriate counterparties by 10/1/01.
Southern Trails | [NAME] (Meyer) | Questar Pipeline Co. | 6,000 HP Beaumont Station | $0.50 MM | 2001-06-19 00:00:00 | 0.5 | 2001-12-01 00:00:00 | Met with customer on 6/13 to present proposal and scenarios.  Electric tariff doubled on June 3rd, rendering this project an installation only with potential for a future energy deal.