1. Independent Energy Consultants, Inc. Natural Gas Buying - Decision Making Factors

2. Independent Energy Consultants, Inc. Natural Gas Storage Inventory Storage Highlights: Working gas in storage was 1,761 Bcf as of Friday, April 14, 2006, according to EIA estimates. This represents a net increase of 47 Bcf from the previous week. Stocks were 425 Bcf higher than last year at this time and 678 Bcf above the 5-year average of 1,083 Bcf. In the East Region, stocks were 373 Bcf above the 5-year average following net injections of 19 Bcf. Stocks in the Producing Region were 248 Bcf above the 5-year average of 399 Bcf after a net injection of 21 Bcf. Stocks in the West Region were 57 Bcf above the 5-year average after a net addition of 7 Bcf. At 1,761 Bcf, total working gas is above the 5-year historical range.

3. Independent Energy Consultants, Inc. ATLANTIC BASIN HURRICANE FORECAST FOR 2006 Named Storms (NS) (9.6)17 Named Storm Days (NSD) (49.1)85 Hurricanes (H) (5.9)9 Hurricane Days (HD) (24.5)45 Intense Hurricanes (IH) (2.3)5 Intense Hurricane Days (IHD) (5.0)13 Forecast Parameter and 1950-2000 Climatology (in parentheses) 6 December 2005 Forecast for 2006 Net Tropical Cyclone Activity (NTC) (100%)195

4. Independent Energy Consultants, Inc. Monitoring Cost of Competing Fuels

5. Independent Energy Consultants, Inc. Natural Gas Demand by Sector

6. Independent Energy Consultants, Inc. Daily Market Monitoring – Variety of Inputs

7. Independent Energy Consultants, Inc. Futures Market vs. Cash Market

8. Independent Energy Consultants, Inc. Technical Analysis

9. Independent Energy Consultants, Inc. Monitoring Weather Forecasts Temperature Forecasts Storm Activity

10. Independent Energy Consultants, Inc. Natural Gas Hedging - Tracking Model Some data are for illustration purposes only

11. Independent Energy Consultants, Inc. Triggering a NYMEX Plus Offer Price