fw duke meeting pluto line efforts sell pluto megs duke original message miller kevin sent friday october 12 2001 9 56 mrha jean melendrez jesus druzbik lisa house john subject duke meeting pluto line importance high met stephen noe lunch yesterday discuss sale pluto gathering line per internal meeting wednesday questioned stephen duke evaluation based upon data provided thus far enron provided duke gathering agreement contains guaranteed revenue stream informed stephen enron would like know notional type value pluto gathering line recognized value would highly dependent upon discount factor applied revenue stream stephen informed duke evaluation date showed value 14 15 mm range stephen stated management reviewed evaluation however based upon notional value duke derived appears duke using discount factor similar factor enron using stated reserve upside future option value based upon discussion duke would recommend proceed setting mariner meeting review geophysical data begin trying get marathon approval release production handing agreement pha contact richard clark regarding pha questions please give call ext 33541 thanks kevin