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- Subject: hpl optimization
- team ,
- as i mentioned in our hpl staff meeting we are investigating the merits of
- entering into a joint venture or another transaction structure that will
- position hpl to effectively compete in the texas intrastate market . our
- primary objective is to gain access to additional sources of gas supply and
- achieve the required economies of scale to compete with other intrastate
- pipelines . i would appreciate your confidence and support in developing the
- optimal course of action for hpl and for enron .
- the skills that we have developed in our group are critical to growing our
- upstream origination business in n . america , as well as to the ongoing
- operation of hpl . our origination strategy is to leverage our business
- operations , field operations , engineering , producer services , and marketing
- skills to capture value from transportation , gathering , storage and commodity
- opportunities on the gas / power grids . we need our current employees to
- accomplish this objective across n . america .
- we have proven our ability to add value to enron by developing the
- powder / wind river pipelines , installing electric compressors , contracting for
- processing capacity , and establishing a new gas supply corridor along the
- gulf coast . our recent efforts to provide services such as business
- operations , measurement , trading / marketing , and accounting services to third
- party producers and pipelines also looks to be a promising growth opportunity .
- it is very important to our ongoing business relationships and our
- competitive position in the market place that we do not discuss hpl related
- matters with third parties . please come see me if you have any specific
- questions or concerns . also please refer any third party inquiries regarding
- hpl to tim determing .
- regards ,
- brian
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