updated email regarding netco process updated email responses business legal types several media reports morning regarding status efforts preserve value north american natural gas power business said like form joint venture entity strong credit rating trading business continue deliver value company creditors like update timing process currently see wednesday december 19 th ask bankruptcy court approve bid procedures potential suitors follow proceed make offers joint venture successful ask judge set bid deadline january 7 th 2002 point would review bids creditors committee process determine best offer jointly ask bankruptcy court approve winning bid additionally continue try close deal prior january 7 th would subject competitive bids form counterparties number counterparties interested deal continues grow bid deadline continue work interested parties assist respective due diligence processes make informed bids many colleagues working hard holidays move process along help ensure efforts come bankruptcy successful please give full cooperation support