revised bullets 7 7 usgt sold 20 000 mmbtu daily firm space moving gas weekend pg e topock socal needles 10 mmbtu somewhat novel deal california price spreads opened gas became trapped pg e station 4 compressor becomes fully operational opportunity likely dry enron n representatives contacted us week discuss possible participation gas storage field using depleted reservoir navajo land near farmington nm third party developers approached ena looking assistance moving project forward new tariff services marketing consensus reached delay development transwestern hourly firm service potential markets power plant loads become operational interim period park n ride services provided intra day basis shall priced incrementally higher park n ride services provided timely basis resulting market response provide indications market willingness pay premium transport rates hourly transportation service el paso el paso merchant services needs scrub verbal offer transwestern 15 million lump sum pre payment option fuel monetization combined 65 000 mmbtu san juan california capacity el paso take consideration different termination dates two contracts 25 000 mmbtu pg e permanent release contract 40 000 mmbtu gallup expansion contract analysis revised proposed lump sum payment offer expected mid next week el paso field services met ep representatives discuss possible interconnect near wt 1 c would sized 40 000 mmbtu ep proposes pay set compression flow gas high pressure line agreed volume commitment 20 000 mmbtu 2 years added advantage volume would come constrained atoka area would allow agave increase deliveries tw caithness corp caithness decided move forward 1000 mw generation project northwest arizona 2 phase project would initially consume 80 000 mmbtu gas proposed location 40 miles south tw line near wickieup az meeting caithness reps next week projected service date plant early 2002 wt 2 cooler expansion level b cost estimates prepared revenue cost savings assumptions predict 500 000 annual revenue support expenditure installed project would give tw additional 50 000 mmbtu capacity east end financial evaluations done cost estimate received ngpl winkler interconnect ngpl notified us week reactivated point operationally ready flow gas july 17 2 weeks ahead schedule hopefully provide new system supply tw east end 80 90 000 mmbtu