Andy, I have completed negotiation with TBG on the Settlement.
TBG has exe= cuted the documents and Louise and John have approved the deal.
In short, = I want to make sure that you understand the effect on you.
Attached is a m= ore detailed summary but generally I removed all swing flexibility from the=  deal.
They have baseload obligations of 12,500 MMBtu per day.
We can del= iver at any of the delivery points identified in the Agreement ( I will giv= e you a copy of the Agreements) however the primary delivery point is Stati= on 65.
That is the location for all price settlements.
If we delivery at = an alternate location we receive additional basis differentials for moving = downstream ( Station 85 )  and we pay the basis differential for moving ups= tream ( Sta 45, 30 ).
TBG has the right to move our deliveries back to Sta = 65 at anytime, if we are delivering at alternate locations.
I want to check=  with you one more time before I execute the final documents.
I think that=  this is a great trade for ENA if I do say so myself.
My next effort is to=  clear up any issues with Trigen.
Frank

TBG
Andy, I have completed negotiation with TBG on the Settlement.
TBG has exe= cuted the documents and Louise and John have approved the deal.
In short, = I want to make sure that you understand the effect on you.
Attached is a m= ore detailed summary but generally I removed all swing flexibility from the= deal.
They have baseload obligations of <NUMBER> MMBtu per day.
We can del= iver at any of the delivery points identified in the Agreement ( I will giv= e you a copy of the Agreements) however the primary delivery point is Stati= on <NUMBER>.
That is the location for all price settlements.
If we delivery at = an alternate location we receive additional basis differentials for moving = downstream ( Station <NUMBER> ) and we pay the basis differential for moving ups= tream ( Sta <NUMBER>, <NUMBER> ).
TBG has the right to move our deliveries back to Sta = <NUMBER> at anytime, if we are delivering at alternate locations.
I want to check= with you one more time before I execute the final documents.
I think that= this is a great trade for <COMPANY> if I do say so myself.
My next effort is to= clear up any issues with Trigen.
Frank
negotiation tbg settlement number mmbtu ups tream alternate locations swing day del iver summary generally removed basis differentials exe cuted documents sure understand effect