Enron Mail

From:matt.anderson@enron.com
To:matt.anderson@enron.com, patrick.danaher@enron.com, robert.fuller@enron.com,robert.bogucki@enron.com
Subject:SPR UPDATE 2
Cc:homer.lin@enron.com, a..shankman@enron.com, l..nowlan@enron.com
Bcc:homer.lin@enron.com, a..shankman@enron.com, l..nowlan@enron.com
Date:Tue, 13 Nov 2001 08:54:30 -0800 (PST)

Just got off the phone with the guy from the SPR again....

The royalty rate on most of the oil which they will be accpeting will be 16.7%, on the other smaller portion the rate is 12.5%, when I pushed him a little further, he let it slip that all of the oil would be coming from the Outer Continental Shelf.