Mike Howard will share the history of Howard Energy Partners, how their Nueva Era pipeline was developed and what the future holds for the company.

1. Which price index will Mexico gas purchases rely upon? Near term and long term? HH, HSC, Waha, Aqua Dulce, other.
2. Do you see a local price index developing? What would need to happen for this to take place?
3. Will Mexico demand increase faster or slower than current market expectations? And will US production be able to keep pace?
4. Which sectors will experience the most demand growth? Residential, Commercial, Industrial? Which one will affect the market the most and in what ways? (i.e. – only 14% of households in Mexico have access to air conditioning.)
5. Will credit be a concern? If so, how will credit concerns with Mexican buyers be addressed? Will it impact the ability to do longer term sales agreements?
6. Do end users in Mexico have plans to take pipeline capacity on pipelines within Mexico. Is this possible with CFE holding most of the capacity?
7. What things need to happen to signal the market to incentivize production growth and drilling?
8. What factors, other than price, influence your decision to choose one supplier over another?