Message-ID: <1611228.1075854614304.JavaMail.evans@thyme> Date: Mon, 10 Apr 2000 10:19:00 -0700 (PDT) From: eric.bass@enron.com To: edward.gottlob@enron.com Subject: New Product - Please review and approve. Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Eric Bass X-To: Edward D Gottlob X-cc: X-bcc: X-Folder: \Eric_Bass_Dec2000\Notes Folders\All documents X-Origin: Bass-E X-FileName: ebass.nsf ---------------------- Forwarded by Eric Bass/HOU/ECT on 04/10/2000 05:18 PM --------------------------- Dale Neuner 04/10/2000 05:18 PM To: Stacy E Dickson/HOU/ECT@ECT cc: Eric Bass/HOU/ECT@ECT, David Forster/Corp/Enron@Enron Subject: New Product - Please review and approve. Stacey - Eric on the Texas desk would like to start trading on a new Product called a 24x5, where the Term of the Transaction would be for a calendar month, but delivery would only take place on weekdays. Please review the following and offer comments/approval: US Gas Phy Exxon Katy WkD May00 USD/MM A US Gas Transaction with Houston Pipeline Company, under which Seller shall sell and Buyer shall purchase a quantity of natural gas equal to the Daily Contract Quantity at the Contract Price on a firm basis. The Contract Price shall be as submitted by Counterparty via the website. The Period of Delivery shall be from the Effective Date through the Termination Date. The term of the Transaction shall be from the Effective Date of 01 May 2000 to the Termination Date of 31 May 2000. The transaction is for delivery at the tailgate of the Exxon Katy Plant. The price is quoted in US Dollars per unit of volume, which will be the Contractual Currency. The unit of measure against which the price is quoted shall be millions of British thermal units and the quantity shown shall be in millions of BTUs per day. Delivery shall occur on each Monday, Tuesday, Wednesday, Thursday and Friday during the Term of this Transaction. Eric; we still need to figure out how to make these fail when bridging to Satari, but we are closer. Dale