Message-ID: <30288908.1075842513205.JavaMail.evans@thyme> Date: Thu, 27 Jul 2000 01:56:00 -0700 (PDT) From: drew.fossum@enron.com To: susan.scott@enron.com Subject: Re: Transwestern Contract Approval Request Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Drew Fossum X-To: Susan Scott X-cc: X-bcc: X-Folder: \Drew_Fossum_Dec2000_June2001_1\Notes Folders\'sent mail X-Origin: FOSSUM-D X-FileName: dfossum.nsf I'm not sure I understand MKM's comment. We've all approved this deal so its not urgent, but lets talk about it in our meeting today. df ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 07/27/2000 08:19 AM --------------------------- From: Mary Kay Miller 07/26/2000 12:52 PM To: Christine Stokes/ET&S/Enron@ENRON cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@ENRON Subject: Re: Transwestern Contract Approval Request This may have been the case in others, but the IOS does say that it bid, if less than max is not available. If Drew and Susan are ok to sign off, I can go with that and we do need to be specfic as to what we are going to include in the contract in the IOS package. Lets hope it doesn't come back to bite us, assuming Drew and Susan sign off. MK Christine Stokes 07/26/2000 08:16 AM To: Mary Kay Miller/ET&S/Enron@ENRON cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@ENRON Subject: Re: Transwestern Contract Approval Request Mary Kay - In all of Transwestern's previous Interactive Open Seasons, the only capacity which Transwestern had posted for bid purposes was the primary capacity - no associated alternate flexibility was ever posted as being available to the bidders. We have traditionally relied on verbal communication, only if asked by the shipper, of any potential alternate rights associated with the primary capacity being auctioned. I do not feel that in this recent IOS process that any shipper had possibly NOT increased their bid due to the impression that there was no additional flexibility beyond the primary path rights of the capacity being auctioned. However, I do think that the TW commercial group should discuss how we communicate to any interested party those alternate rights associated with future IOS bids or EnronOnline bids. Thank you for your comment, please contact me if you need any additional feedback. From: Mary Kay Miller 07/25/2000 05:23 PM To: Christine Stokes/ET&S/Enron@ENRON cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@ENRON Subject: Re: Transwestern Contract Approval Request I understand that this capacity is what was posted on the IOS, however, these alternate point rights were not included in the posting as available, is there a concern that not all were aware of this and therefore they could have bid differently ? MK Christine Stokes 07/25/2000 02:45 PM To: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON cc: Kevin Hyatt/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@ENRON Subject: Transwestern Contract Approval Request TRANSWESTERN PIPELINE CONTRACT APPROVAL REQUEST Please review the attached standard discount letter for Sempra Energy Trading Corp. Sempra was recently awarded 49,000 Dth/d of East of Thoreau (EOT) to California capacity via Transwestern's Interactive Open Season Auction process. The capacity was awarded at a one-part rate of $.285/Dth/d for a one year term of November 1, 2000 - October 31, 2001. Sempra shall have alternate delivery point rights at the California Border as well as alternate receipt point rights in Transwestern's EOT Area. Please confirm via REPLY WITH HISTORY. All Officer approvals will be faxed to Bill Cordes for final Officer approval.