re : inland resources dick - great job - great week
richard lydecker @ enron
03 / 16 / 2001 05 : 49 pm
to : louise kitchen / hou / ect @ ect , brian redmond / hou / ect @ ect
cc :
subject : re : inland resources
we executed final documentation on sale of the noram rig for $ 9 million ( $ 4 . 4 million net to enron ) . although the purchaser has until april 13 th to fund , there are no contingencies in the contract and scf partners controls the entity . the delay in funding is required since there is a 21 - day period for them to make their capital calls .
a number of things came together for us this week , which is good .
the week is now over .
- - - - - - - - - - - - - - - - - - - - - - forwarded by richard lydecker / corp / enron on 03 / 16 / 2001 04 : 36 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
richard lydecker
03 / 16 / 2001 04 : 07 pm
to : louise kitchen / hou / ect @ ect
cc : brian redmond / hou / ect @ ect
subject : re : inland resources
thanks . the week ' s not over . stay tuned .
louise kitchen @ ect
03 / 16 / 2001 03 : 43 pm
to : richard lydecker / corp / enron @ enron
cc : brian redmond / hou / ect @ ect
subject : re : inland resources
excellent - it has been a great week for you guys . three dashes and a handshake deal .
have a good week - end .
louise
richard lydecker @ enron
03 / 16 / 2001 10 : 06 am
to : louise kitchen / hou / ect @ ect , brian redmond / hou / ect @ ect
cc :
subject : inland resources
today we negotiated a handshake agreement with smith properties to buy out jedi ' s position in inland for $ 2 million ( $ 1 million net to enron ) . the dash minimum was $ 1 . 25 million ( $ 612 , 500 net to enron ) , the original offer . documentation will be simple : our rep is limited to we own it and we can sell it . expect to close and fund next week .
given the inland situation and the absence of any foreseeable payment on our preferred , i view this outcome as very favorable .
brandi morris ' work on this transaction was outstanding .
re : inland resources
dick - great job - great week
richard lydecker @ enron
03 / 16 / 2001 05 : 49 pm
to : louise kitchen / hou / ect @ ect , brian redmond / hou / ect @ ect
cc :
subject : re : inland resources
we executed final documentation on sale of the noram rig for $ 9 million ( $ 4 . 4 million net to enron ) . although the purchaser has until april 13 th to fund , there are no contingencies in the contract and scf partners controls the entity . the delay in funding is required since there is a 21 - day period for them to make their capital calls .
a number of things came together for us this week , which is good .
the week is now over .
- - - - - - - - - - - - - - - - - - - - - - forwarded by richard lydecker / corp / enron on 03 / 16 / 2001 04 : 36 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
richard lydecker
03 / 16 / 2001 04 : 07 pm
to : louise kitchen / hou / ect @ ect
cc : brian redmond / hou / ect @ ect
subject : re : inland resources
thanks . the week ' s not over . stay tuned .
louise kitchen @ ect
03 / 16 / 2001 03 : 43 pm
to : richard lydecker / corp / enron @ enron
cc : brian redmond / hou / ect @ ect
subject : re : inland resources
excellent - it has been a great week for you guys . three dashes and a handshake deal .
have a good week - end .
louise
richard lydecker @ enron
03 / 16 / 2001 10 : 06 am
to : louise kitchen / hou / ect @ ect , brian redmond / hou / ect @ ect
cc :
subject : inland resources
today we negotiated a handshake agreement with smith properties to buy out jedi ' s position in inland for $ 2 million ( $ 1 million net to enron ) . the dash minimum was $ 1 . 25 million ( $ 612 , 500 net to enron ) , the original offer . documentation will be simple : our rep is limited to we own it and we can sell it . expect to close and fund next week .
given the inland situation and the absence of any foreseeable payment on our preferred , i view this outcome as very favorable .
brandi morris ' work on this transaction was outstanding .
