mariner sally ted brenda vlady met today discuss project door step mariner since mariner e p company rather trading company think believe approach may somewhat different trading reviews review likely focus company risk management policies procedures think relates mostly hedging oil gas production based review last mariner 10 q sept 99 appears company significant amount hedging financial instruments extending 2002 company also significant 14 mm deferred losses related hedging activities discussed ted preliminary planned visit mariner tues march 21 starting point vlady pulling raroc information related mariner brenda getting enron positions mariner please call questions thanks jim