> -----Original Message-----
> From: Ledene, Ben
> Sent: Tuesday, April 17, 2001 11:42 AM
> To: 'sgross@newportgen.com'
> Subject: FW: Wild Goose Open Season Package
>
> Expansion Firm Base Load Storage ("BLS") Service Open Season
>
> Wild Goose Storage Inc. is planning to expand its facility located in
> Butte County in northern California and connected to PG&E for service
> commencing as early as April 1, 2003. This expansion could increase the
> facility capacities as follows:
>
>          Existing Capacity Capacity Following Expansion
> Working Gas Volume      14 Bcf     38
> Bcf
> Maximum Injection Rate     80 MMcfd  450
> MMcfd
> Maximum Withdrawal Rate  200 MMcfd  650 MMcfd
>
> This open season provides for an in-service date commencing April 1, 2004
> and an opportunity to participate in an "early service option" which could
> have service available by April 1, 2003. The in-service date is subject to
> CPUC approval by September 1, 2002 and the successful completion of new
> facility construction.
>
> Customer offers are required by 2:00 pm MST, Tuesday May 22, 2001
>
> Customer offers must be reasonably open for acceptance by Wild Goose
> Storage Inc. until 2:00 pm MST, Wednesday June 20, 2001 subject only to
> significant changes in market conditions and final approval of customer's
> management. Preference for offer acceptance will be toward longer-term
> contracts (greater than 5 years) and offers, which exceed 100% of our rack
> rate. The offer sheets are provided in Microsoft Excel and are set up to
> calculate the percentage of rack rate for your convenience. It is the
> intent of Wild Goose Storage Inc. to negotiate and conclude contracts with
> the participants providing acceptable offers in this open season as close
> as possible to June 20, 2001. Wild Goose will announce to all contracted
> participants whether it will proceed with the expansion in early August
> 2001. Wild Goose Storage Inc. reserves the right to not necessarily accept
> the highest priced offer nor to award all or any of the storage capacity
> available.
>
> A reasonable summary of the main terms and features of BLS service is
> attached for your convenience (Attached File - BLS Summary), but should
> not be used as the sole terms by which service is to be provided. All
> service is subject to the Tariff Schedules for Natural Gas Storage Service
> of Wild Goose Storage Inc., as approved by the Public Utilities Commission
> of the State of California.
>
> For more information about Wild Goose Storage Inc. or to download a copy
> of the entire tariff please refer to our web site at
> www.wildgoose-storage.com.
>
> Customer offers must include the following:
>
> A) Completed Offer Forms (Attached File - Offer Sheets) for each period of
> service including:
>
> * the amount of Inventory Capacity Required for each April to March
> period during the term
> * the amount of Maximum Daily Injection Quantity Required by month
> during the term
> * the amount of Maximum Daily Withdrawal Quantity Required by month
> during the term
> * the Total Storage Demand Charge for each April to March period
> during the term
> * the Injection Commodity Rate for each April to March period during
> the term
> * the Withdrawal Commodity Rate for each April to March period during
> the term
> * a signature from an authorized employee of the company verifying the
> offer
>
> In the 'Offer Sheets' file attachment you will find the following tabs at
> the bottom:
>
> * an offer sheet in Excel format
> * a manual offer sheet which can be printed out and filled in by hand
> * an example offer
>
> B) An executed Storage Services Agreement (Attached File - Storage
> Services Agreement) unless your company already has one on file with Wild
> Goose Storage Inc.
>
> Early Service Option
>
> Once Wild Goose Storage Inc. gives notice in early August 2001 to proceed
> with the expansion, every effort will be made to complete construction as
> early as possible. Notice will be given by November 1, 2002 if service
> will be available earlier than April 1, 2004. All contracted participants
> will have the right, but not the obligation, to amend their contracts to
> the earlier term start date and add this additional service to their
> existing contracts at the same fees negotiated for the first year of
> service commencing April 1, 2004.
>
> Rack Rates
> Our rates are 'market based' meaning they are fully negotiable, but our
> 'rack rates' are as follows:
> Monthly Storage Demand Charges
> * Inventory($/Dth) $0.03
> * Injection ($/Dth/day) $3.00
> * Withdrawal ($/Dth/day) $2.00
>
> Variable Charges
> * Injection Commodity Rate ($/Dth) $0.02
> * Withdrawal Commodity Rate ($/Dth) $0.02
>
> Fuel Charges
>
> In addition to the Demand and Variable charges described above, fuel costs
> are also charged based on actual consumption by customer and the value of
> the gas on a daily basis. Fuel consumption is expected to be between 1.25
> to 1.75%. For details, please refer to the Wild Goose tariff.
>
> If you have any questions about this matter or need hard copies, please
> contact either Ben Ledene with Wild Goose in Calgary at (403) 266-8192 or
> Chris Price and Mark Baldwin with Interstate Gas Services in California at
> (925) 243-0350.
>  <<BLS Summary.doc>>  <<Expansion Offer Sheet.xls>>  <<Storage Services
> Agreement.doc>>  <<Wild Goose Expansion Open Season.doc>>

 - BLS Summary.doc
 - Expansion Offer Sheet.xls
 - Storage Services Agreement.doc
 - Wild Goose Expansion Open Season.doc