balance sheet review louise detailed discussion assets currently management ecr prepared jesus melendrez near completion meeting pam becton morning review various balance sheet vehicles assets active divestiture process cgas juniper agent engaged juniper assets discussion group cgas expect transactions close year end hopefully 3 rd quarter preston ii vpps syndicated brazos december 00 january 01 respectively crescendo 7 5 mm vpp syndicated brazos december 00 remainder crescendo vpps moved brazos year end lq 02 second vpp transaction occurs kcs vpp 159 mm set close fund later 6 27 according tim proffitt hanson accrual may sold year end drilling occurs ameritex cypress sam gary bonne terre vastar texland assets still development crescendo westwin nutech preston equity recent transactions lyr old several options reviewed mariner sale merger another company ii ipo provided enron gets debt repaid 75 equity sold enterprise valuation 500 mm greater megs pipeline asset would included option iii continue develop asset make recommendation mariner allan keel completes analysis recognize explanation brief let know need additional information would like meet discuss scott original message kitchen louise sent thursday june 21 2001 9 08 josey scott subject balance sheet review trying get grip projected balance sheet including balance sheet items jedi trutta condor hawaii end year following balance sheet ones working removing looking ameritex 4 4 crescendo 3 2 crescendo 450 00 crescendo 6 0 crescendo vvp 200 000 crescendo vvp 500 000 cypress 21 7 cypress 4 8 hanson 1 7 hanson 400 000 juniper 8 6 juniper 12 9 kcs vpp 159 0 mariner 130 0 mariner common 363 0 mariner warrants 24 5 mcgarett k cgas 30 0 nutech energy 4 2 preston equity 569 000 preston ii equity 350 000 sam gary bonne terre 7 2 sam gary bonne terre 4 7 sam gary bonne terre 209 000 texland r 5 7 texland r 3 8 vastar r 980 000 westwin energy 5 0 westwin energy 2 5 crescendo vpp 7 5 preston vpp 36 7 preston ii vpp 22 8 crescendo vpp 500 000