revised transportation proposal forwarded lorraine lindberg et enron 08 24 2000 09 01 lorraine lindberg 08 22 2000 10 25 emeaders redcedargathering com cc subject revised transportation proposal hi ed revised comprehensive summary firm transportation proposal red cedar transwestern term 5 years january 1 2001 december 31 2005 year volume rate option fee 1 125 000 mmbtu 0 02 mmbtu 2 150 000 mmbtu 0 025 mmbtu 3 150 000 mmbtu 0 03 mmbtu 4 150 000 mmbtu 0 035 mmbtu 5 150 000 mmbtu 0 04 mmbtu option red cedar shall one time option reduce contract mdq contract years 4 5 volume 100 000 mmbtu 150 000 mmbtu red cedar may trigger option anytime november 30 2003 option fee incremental one tenth one cent mmbtu additive quoted rates five year term facility modifications current cost estimate increase meter capacity 200 000 mmbtu 300 000 mmbtu arkansas loop plant transwestern 378 000 year 1 capacity 125 000 mmbtu dependent upon completion facility modifications red cedar fund facility modifications one time payment 378 000 payable prior transwestern ordering material modifications order avoid tax gross approximately 130 000 378 000 amortized term contract booked pre paid transportation fees net effect zero slight increase mmbtu show monthly transportation invoice negated corresponding credit pre paid transportation please call discuss thanks lorraine