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Enron Global

Exploration & Production

2000 Goals

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2000 Enron Strategic Goals
Exploration & Production

Goal: Achieve J.V. operating and management committee approval
for Tapti expansion project.

Status: Complete, pending strategic decision

• Operating Committee approved early funding of preliminary
activities.

• Technical Committee approved project reserves and
infrastructure scope.

• Director General office on behalf of government of India
endorsed proposed Tapti expansion in November 2000.

• Formal Operating and Management Committee approvals are
pending EOGIL sale process.


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E0004392386

EXH005-02560


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2000 Enron Strategic Goals
Exploration & Production

Goal: Resolve the significant outstanding commercial issues with all
parties associated with our Indian operations.

Status: In Progress

  Centre for Public Interest Litigation (CPIL) lawsuit was resolved in
Enron's favor in October 2000.

• Remainder of other issues are scheduled for arbitration.

Goal: Close at least one new project.

Status: Complete

• Closed projects in Turkey & US.

• Due to intent to exit E&P in 2001, negotiated exit strategies for
opportunities captured in 2000 in Korea, UK/North Sea and Chile.

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2000 Enron Strategic Goals
Exploration & Production

Goal: Work out an acceptable solution for our China Sichuan
investment/operations with minimal financial impact.

Status: Complete

• Established sustainable gas production on block.

• Negotiated 2-year extension with minimal financial commitment
(less than $2 million).

• Marketing effort underway with expectation of closing in early
2001 with neutral financial impact.


  y* /i,9
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