ARTHUR J. GONZALEZ, United States Bankruptcy Judge
Upon the Motion of Techneglas, Inc. ("Techneglas") for Order (i) Lifting the Stay to Permit Techneglas, Inc. to Terminate Gas Supply Contract or (ii) Compelling Enron Energy Services, Inc. and Enron Access Corporation to Assume or Reject the Contract (the "Motion"); and Enron Energy Services, Inc. and its affiliated debtor entities (collectively, the "Debtors"), as debtors and debtors in possession, having filed an objection to the Motion (the "Objection"); and the Court having held a hearing on June 13, 2002 to consider the Motion and the Objection at which counsel for the Debtors and Techneglas were present and heard; and for the reasons stated by the Court on the record on June 13, 2002, it is
ORDERED that the Debtors shall determine whether to assume or reject the contract subject to the Motion on or before August 15, 2002, and shall file appropriate pleadings with the Court on or before that date; and it is further
ORDERED that, if the circumstances so warrant, the Debtors and Techneglas shall have the right to seek from the Court a determination that the August 15, 2002 deadline should be extended or shortened; and it is further
ORDERED that Techneglas' request for relief from the automatic stay to terminate the contract subject to the Motion is hereby denied.