Message-ID: <32183437.1075855724164.JavaMail.evans@thyme> Date: Wed, 25 Apr 2001 08:57:00 -0700 (PDT) From: phillip.allen@enron.com To: ned.higgins@enron.com Subject: Re: Unocal WAHA Storage Cc: mike.grigsby@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: mike.grigsby@enron.com X-From: Phillip K Allen X-To: Ned Higgins X-cc: Mike Grigsby X-bcc: X-Folder: \Phillip_Allen_June2001\Notes Folders\'sent mail X-Origin: Allen-P X-FileName: pallen.nsf Ned, Regarding the Waha storage, the west desk does not have a strong need for this storage but we are always willing to show a bid based on the current summer/winter spreads and cycling value. The following assumptions were made to establish our bid: 5% daily injection capacity, 10% daily withdrawal capacity, 1% fuel (injection only), 0.01/MMBtu variable injection and withdrawal fees. Also an undiscounted June 01 to January 02 spread of $0.60 existed at the time of this bid. Bid for a 1 year storage contract beginning June 01 based on above assumptions: $0.05/ MMBtu/Month ($0.60/Year). Demand charges only. I am not sure if this is exactly what you need or not. Please call or email with comments. Phillip Allen