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Through the month of april, occasional telephone contact with Billy Carter simply faded away. On June 30, 1980, at 4:40 p.m. Mr. Nasife received an inquiry from Mr.. Joel Lisker of the U.S. Justice Department regarding our contacts with Billy Carter. CHARTER'S OPINIONS ON THE BILLY CARTER CONTACT The Charter Company has had a relationship with the National Oil. Corporation of Libya since acquiring Carey Energy Corporation in March of 1979. Charter's transactions with Libya in the settlement of litigation against Carey Energy and the subsequent contracting of crude oil supplies with.N0c has been professional, above-boarg'at all times,and businesslike. Libya has always honored all business agreements with Charter, verbal or written. At no time. haveany political favors been requested or granted. After the initial contact from Billy Carter, Charter went through the process of determining the' viability of this contact. The Company was aware. to have a line of cowmumications with at least some Libyan officials. Mr. Nasife contacted Ali Houderi, a member of the Libyan Diplomatic Mission, in. order to discover if the Billy Carter contact had any potential. Mr. Houderi. indicated that Billy Carter had a good rapport with his Libyan friends and that there may be a potential for him obtaining Libyan oil in order to pursue this:proposition. Based on this information, Charter determined that the Billy Carter contact had some merit. At that time, Libya was producing approximately 2.2 aillion barrels per day and it seemed reasonable that there might be additional oil.available. The contact between Charter and Billy Carter was handled umc r the same procedures as all other contacts of this type. At no time did Billy Carter