NGPL Supply Area Deal

Below is the summary of the deal I passed out earlier this week.

I have not closed on the 1Bcf supply purchase, but should have that done at
the beginning of next week. The gas price will be GDA-Mid for NGPL (La.) +
$0.025. This gas can be called upon hourly up to 50,000 MMBtu/day. Example
of the pricing mechanism (that NGPL prefers) is as follows:

Gas Nom Gas Flow Applicable Gas Daily Publication
Monday (intraday) Monday Tuesday
Monday Tuesday Tuesday
Weekend Weekend Monday (unless Monday is a holiday, then Tuesday)

Let me know if you perfer a differnt structure.

chris
x31666