ENRON CAPITAL & TRADE RESOURCESENRON CAPITAL & TRADE RESOURCES
                          WORLDWIDE ENERGY SOLUTIONS
 
          January 14, 1997
          
          
          CERTIFIED MAIL, RRR # P 130 457 809
          
          West Shore Processing, L.L.C.
          5613 DTC Parkway, Suite 400
          Englewood, Colorado 80111
          
          Attn: Mr. John Mollenkopf
          
          
          Re: Assignment and Bill of Sale by and between Enron Gas
          Processing Company and West Shore Processing Company, LLC
          
          Dear Mr. Mollenkopf:
 
          As Enron Processing Company has completed the title work that was a
precondition to closing the sale of the Magnolia City Processing Plant Equipment
to West Shore, enclosed is one fully executed original of the above-referenced
Assignment and Bill of Sale. This should complete Enron Processing's obligation
under the Agreement of Sale and Procedure which was assigned to West Shore. We
will continue to coordinate removal of the processing plant equipment with Don
York of Hamilton Refining Company. Should you have any questions or comments
regarding the enclosed, please do not hesitate to give me a call.
 
          Sincerely,
 
 
 
          Steve Van Hooser
 
          SVH:ri
          Enclosure
 
          cc: Steve Schneider
          Barry Spector, Esq.
          Don York

 
 
 
 
 
 
          1400 Smith Street Houston TX 77002-7361  PO Box 4428 Houston
          TX 77210-4428 . 713-853-7500
 

 
                          ASSIGNMENT AND BILL OF SALE
                          ---------------------------

    KNOW ALL MEN BY THESE PRESENTS, that in consideration of Ten Dollars
($10.00) and other good and valuable consideration, the receipt of which is
hereby acknowledged, ENRON GAS PROCESSING COMPANY, a Delaware corporation
(hereinafter "Assignor"), does hereby grant, sell, transfer and deliver unto
WEST SHORE PROCESSING COMPANY, LLC (hereinafter referred to as "Assignee"), all
of the personal property, equipment, and interest identified in Exhibit " 1 "
attached hereto.

    Assignor hereby covenants with Assignee that the property conveyed by this
Assignment and Bill of Sale is free of all burdens, liens and encumbrances; that
the title to the property being conveyed by this Assignment and Bill of Sale is
good, and its transfer is rightful; and Assignor hereby agrees to indemnify and
defend Assignee, its successors and assigns against the lawful claims of all
persons claiming by, through and under Assignor.

    NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, THE PERSONAL PROPERTY
CONVEYED BY THIS ASSIGNMENT AND BILL OF SALE IS CONVEYED "AS IS, WHERE IS," AND
ASSIGNOR EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLED, OTHER THAN THE
WARRANTY OF TITLE SET FORTH HEREINABOVE, INCLUDING, WITHOUT LIMITATION, THE
WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

    This Assignment and Bill of Sale shall be binding upon and inure to the
benefit of Assignor and Assignee, and their respective successors, heirs and
assigns.

    IN WITNESS WHEREOF, the Assignor has hereunto set his hand effective January
13, 1997.

    ENRON GAS PROCESSING COMPANY

    By:
    Stephen C. Schneider
    Vice President

 
                                  EXHIBIT "1"
                                       to
                          Assignment and Bill of Sale
                                        
    PERSONAL PROPERTY, EQUIPMENT AND INTEREST DESCRIPTION
    -----------------------------------------------------

    All that certain Turbo Expander Plant, compression, and associated
equipment, known as the Magnolia City facility, with exception of the truck
loading facility, the LPG storage tank farm and its separate equipment, and the
amine unit and its separate equipment.

    Equipment List
    --------------

    1. Inlet Suction Scrubber, V-11, 60" OD x 8'0" S/S

    2. Mole Sieve Dehydrators, V-120 & V-120A, each 48" x 16'0"
       S/S
       Mole Sieve Dehydrator, V-110, 42" x 16'0" S/S
 
    3. Inlet Gas Filter/Separator, F-810, 30" ID x 115" S/S
 
    4. Dry Gas Dust Filter, F-800, 18" ID x 4'6" S/S

    5. Mercury Guard Bed, V-120B, 54" ID x 16'0" S/S

    6. Dust Filter, F-800A, 20" ID x 5'-10" S/FF

    7. Dehy Switching Valve Skid, including:
        (a) Switching valves, piping & controls
        (b) Regen Gas Compressor, K-620, 40 HP electric motor
        (c) Regen Gas Scrubber, V-130, 12-3/4" ID x 4'6" S/S

    8. Regen Gas Cooler, AC-2, 1,362 MBtu/hr
    
    9. Regen Gas Heater, 1,351 MBtu/hr (waste heat exchanger in compressor
    engine exhaust piping)
 
    10. Inlet/Residue Gas Compressors, C-1 & C-2, two White
    Superior Compressors Model MW64, Cooper Superior 12SGTA engines, 2,000 HP
    each, each compressor with (4) four 9.5" x 7" cylinders
 
    11. Inlet Gas Compressor Discharge Cooler, AC-1, 8,418 MBtu/hr Residue Gas
     Compressor Discharge Cooler, AC-5, 5,280 Mbtu/hr (AC- 1 & AC-5 are in
     common structure sharing (3) three 25 HP electric motors)

    12. Engine/Compressor Utility Equipment, Piping & Controls, including:
       (a) Turbo Water Coolers, AC-7 & AC-9
       (b) Jacket Water Coolers, AC-6 & AC-8
       (c) Jacket Water Surge Tanks, TK-371A & TK-371B, (2) two  each 10" OD x
           8'0" OAL
       (d) Lube Oil Filters, F-320A & F-320B, (2) each 10" OD  x 48"

 
       (e) Lube Oil Filters, F-321A & F-321B, (2) each 8" OD x 48"
       (f) Jacket Water Pumps, Turbo Water Pumps, Lube Oil  Pumps, Engine &
       Compressor Lube Oil, Coolers, Turbo Inner Coolers, and all associated
       valves and controls

    13. Expander Skid, including:
       (a) Turboexpander, EX-600, and Booster Compressor, K-600, Rotoflow Model
           No. 20- 4E6C
       (b) J-T Valve, PCV-1002
       (c) Booster Compressor Cooler, AC-3, 1,567 MBtu/hr
       (d) Lube Oil Tank, V-601, 24" OD x 4'0" S/S
       (e) Lube Oil Circ Pumps, P631 A&B, (2) two each 15 gpm, 3 HP
           Lube Oil Cooler, AC-641
       (f) Lube Oil Cooler, AC-641
   
    14. Cold Separator/Heat Exchanger Skid, including:
       (a) Cold Separator, V-200 42" OD x 8'0" S/S
       (b) Demethanizer Trim Reboiler, E- 1, 2,627 MBtu/hr
       (c) Cold Gas Exchangers, E-420 A&B, 655 MBtu/hr
       (d) Warm Gas Exchangers, E-400 A-C, 4,426 MBtu/hr
       (e) Cold Gas Exchangers, E-410 A-C, 5,586 MBtu/hr
       (f) Demethanizer Side Heaters, E-430 A-C, 2,500 Mbtu/hr
       (g) Demethanizer Reboilers, E-450 A- C, 690 MBtu/hr
 
    15. Cold Gas Exchanger, E-421 (plate fin exchanger added in 1994)

    16. Warm Gas/Cold Gas Exchanger, E-401 (plate fin exchanger added in 1994)

    17. Demethanizer, T-1000, 48"/36" ID x 75'0" S/S

    18. Product Surge Tank, V-3 30,000 gallon capacity

    19. Product Pumps, P-2A & B, Wheatley triplex pumps, (2) two each

    20. Four (4) Storage Tanks - Spent Water, Slop Oil, Compressor Lube Oil,
        Engine Oil Coolant

    21. Instrument Air Compressor Skid, including (2) two Sullair rotary screw
    compressors, air coolers, air dryers, surge tank, and other piping,
    controls and appurtenances
 
    22. Flare Stack and associated flare tips, piping and guy wires

    23. All interconnecting and pipe rack piping, valves and appurtenances,
        including steel beam supports

    24. Compressor building with bridge crane

    25. Instrument Control Panel and associated instruments and controls

 
    26. Electrical switch gear, motor starters, etc.

    27. All ladders, platforms and other structural steel items associated with
    the plant equipment and skids
 
    28. Floodlighting and support poles