Re: April 2001 Spot Purchases

Vance,

Deals for the following have been created and entered in Sitara. The deal
numbers are noted below:

Bob

From: Vance L Taylor/ENRON@enronXgate on 03/30/2001 09:23 AM
To: Robert Cotten/HOU/ECT@ECT
cc: Lisa Hesse/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, Cynthia
Hakemack/HOU/ECT@ECT, Donald P Reinhardt/ENRON@enronXgate, Susan
Smith/ENRON@enronXgate, Melissa Graves/ENRON@enronXgate
Subject: April 2001 Spot Purchases

Bob,

HPLC will be purchasing wellhead gas from the producers listed below for the
production month of April, 2001. This production will be purchased on a
"spot" basis and deal tickets should be created and entered into sitara based
on the following information:

Counterparty Meter Volume Deal # Price

Whiting Petroleum Corp 6523 200mmbtu/d 692898 84% IF/HSC
Coastal Merchant Energy, LP 5923 775mmbtu/d 692026 100% IF/HSC less $0.265
Coastal Merchant Energy, LP 5848 240mmbtu/d 692011 84% IF/HSC
Swift Energy 2630 21mmbtu/d 712357 100% IF/HSC less $1.38
Duke Energy Trading & Marketing 6347 200mmbtu/d 691873 84% IF/HSC
HESCO Gathering Oil Co. 6063 300mmbtu/d 421856 84% IF/HSC
Embassy Natural Gas Inc. 6598 180mmbtu/d 691982 84% IF/HSC
Vintage Gas Inc. 9603 100mmbtu/d 712358 84% IF/HSC
Stone Energy 9696 4500mmbtu/d 690252 100% IF/HSC less $0.20
The Houston Exploration 9696 6500mmbtu/d 692844 100% IF/HSC less $0.16
Amerada Hess (Hess Energy Svcs) 0435 2714mmbtu/d 689849 100% IF/HSC less
$0.12
Crosstex Energy Services, Ltd. 0435 654mmbtu/d 689894 100% IF/HSC less
$0.12
Tri-Union Development 0435 149mmbtu/d 689905 100% IF/HSC less $0.055
Ranger Oil Company 9871 200mmbtu/d 692461 85% IF/HSC if <300/d
90% IF/HSC if <300/d

These are Producer Svcs. deals and should be tracked in the IM Wellhead
portfolio... attached to the gathering contract.

Thanks,

vlt
x3-6353