Message-ID: <7384005.1075857641360.JavaMail.evans@thyme> Date: Thu, 28 Dec 2000 04:42:00 -0800 (PST) From: john.arnold@enron.com To: kenneth.thibodeaux@enron.com Subject: Re: 12/26 and 12/27 Maturity Gap Risk Limit Violation Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: John Arnold X-To: Kenneth Thibodeaux X-cc: X-bcc: X-Folder: \John_Arnold_Jun2001\Notes Folders\Sent X-Origin: Arnold-J X-FileName: Jarnold.nsf The positions went over limits due to the sale of HPL and subsequent unwind of hedges associated with the transaction. Attempts are being made to unwind those positions currently Kenneth Thibodeaux@ENRON 12/28/2000 09:43 AM To: John J Lavorato/Corp/Enron@Enron, John Arnold/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron cc: Subject: 12/26 and 12/27 Maturity Gap Risk Limit Violation The PRELIMINARY DPR indicates a Maturity Gap Risk violation for Gas Trading as follows: 12/26 Maturity/Gap Risk: 202 Bcf 12/27 Maturity/Gap Risk: 205 Bcf Maturity Gap Risk Limit: 200 Bcf Please provide an explanation for the memos. If you have any questions, please call me at 5-4541. Thank you, Johnny Thibodeaux