fw bistineau louise email written paul bienawski regarding potential aquisition bistineau mentioned interest seeing email last week mrha original message bieniawski paul sent thursday august 23 2001 9 54 pm miller asset mktg cc mrha jean gregory paul subject bistineau importance high long e mail apologize since chance talk wanted send information bistineau well latest output storage group analysis analysis updated several reservoir transactions past months aec manchester atmos east diamond aquila lodi prior transactions enough data points draw meaningful conclusions trends reservoir acquisition attached output review think couple points key reservoir curve hockey sticking salt curve previously dramatic salt premiums increasing dramatically market placing premium optionality salt inherently flexible reservoir yet deliverability basis appear significant difference may explain see players value optionality marketplace aquila aec duke etc companies long established asset based storage groups actively trade around assets far bistineau concerned several points worth highlighting attached output database maintained storage group reference included caverns data reliant energy part owner facility reliant aggressively trying build merchant storage business group bumped several times marketplace since facility federally regulated reliant koch would required make nga 7 b filing abandon services provide customers anyone could purchase reservoir length process would function number intervenors bistineau large reservoir large amount native base gas much volume recoverable therefore monetizable large question mark relative peers bistineau poor performer terms flexibility low injection capabilities koch past written losses bistineau low injection rate may result researched exact amount losses seach ferc filings would reveal nature extent losses epps likewise loss problems enron intent establish storage asset position louisiana south downsville would probably best candidate field privately held development many interconnects acquisition would probably meet little resistance given lack customers communicated matrix time know principals could easily get update status plans tomorrow morning wish discuss e mail feel free call cell phone 713 825 2643