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2004 <br />r has L in es <br />Yers Include <br />Familiar Name <br />BY SIMON ROMERO <br />HOUSTON, May 21-- Oscar S. W - <br />'ali.: the Texas oilman known for his <br />altngs with Muammar el-Qaddaft <br />ewe ' Saddam Hussein, is back in the <br />gy business. Mr. Wyatt and a <br />_ 9i 6111? of investors agreed to buy <br />_Zllron's natural gas pipelines in <br />North Americ <br />car �: W --• ` uas agreed to sell to a-.•y„ is Pert of a. 5,CG <br />Yatt, a Texas oilman known for his i.,F grO - P that includes (' <br />r. Enron a actin a for $2.2 billion, rket for quality, high <br />I. g chief exec-1maPerto <br />dealing,. <br />Q -Friday. Ve said gY assets than <br />"?iVir. W Years ago.,, we had seem two s9u'Vived the proxy dispute. <br />Wyatt, 79, is Part •of a The deal would <br />.,called NuCoastal _ grou Cam aBreegain buy CrossCou <br />Cttigtroup, ArcLlght Ca htch includes t is Partners control Mr. wYai[ and a8alnat El P � Mr. wya <br />Pal Pa try Energy, �otsCotut. aso. A Ci'ossCo <br />and Kelso &Company — that is pay 1,100 a �' an Enron opera °�►?� balf of ttntty uq <br />ing $1.77 billion Wft <br />n and as Pay P1Pe11nesPloyees and 9,90 miles S,�OO�tttile pie s �rPoratloq <br />m11Hon of debt in the ing $430 zone Florida,cluding systems m Ate xexas to ache with n I Saco Fbrid <br />;:;rich is part of Enron suction, ma and We New Mexico, Oklaho- Paso unit a' with an E <br />emerge from bankruptcyflan . to first si Texas. It is Mr. W A spoke onivollipg the other half. <br />t c Enron, which has een rotection. gnsin t foray into the tt s atl for Mr, Wyatt de <br />•Iikruptcy court since mired in Ydihe Co lace selling iris oi! �m Crosses Coasment on his, plans 'to <br />�x9Q.t, said the deal was December Coastal Corporati p Mr Wye <br />fts chief creditors but w approved b than $20 billion to the El pas O� ' `• �� wl1O was <br />0 <br />•,igg:�the a as still await ration In 20p1. mo- meaner than a junky nce calla, <br />PProval of the bankru Since then. Mr. <br />COS a Process that allows other rl tY by teaming witatt gained noto_ <br />p4tentlal buyers to submit w an <br />bills perioi- <br />Siephen F. Cooper,.acting <br />�c4n utive of chief ex <br />Enron, said the transac- <br />"provides the best valu editors "e for our <br />crand reflects . a stronger <br />Paso shareholder o er lar$e <br />I proxy , Selim Zilk_ <br />ha, <br />,In I p b y battle last Year o oust <br />shares ian card after the company s <br />ill-fated a Dished in the wake of an <br />area ffort at'tnimicking Enron in <br />the gy.tradin <br />Paso's board and ge business. El <br />xecutive suite <br />tide by Texas Mon and QD6" In ar <br />azine <br />and a Partner started tti�ardlN <br />Able Oil Company in 1951 using <br />proceeds <br />carom1949 an $8OO loan on Mr <br />ally a lli.Ford He eventu <br />Provided cPerations, whict <br />South Texas cities with uat. <br />Ural gas. into a conglomerate witddk s <br />extensive dealings in the a vi <br />East and elsewhere. <br />.A' .., <br />1,1 Oilman In Deal Wlth <br />Enron <br />Texan S. WYal left, the <br />his deaas lings known for <br />with Muam- <br />darn el Qaddafi and Sad_ <br />the energy Hussein, is back in <br />Wyatt ana group up of n.r. <br />vestors agreed to buy <br />Enron Is natural-gas i lines in North q pip, <br />is part of a group for $2.2 billion. MreTtca <br />includes Citigroup, ACalled NuCoastal _ Wyatt <br />ch <br />M d Kelso &Company. The t aPwo' Partners <br />WCO yatt and his de <br />ernploY suntrY nug ,9 oEnron operation with uld e <br />ners control over Cross - <br />miles of pipelines. 1,100 4.1 <br />