Message-ID: <24580425.1075858948663.JavaMail.evans@thyme> Date: Tue, 23 Oct 2001 06:23:26 -0700 (PDT) From: tana.jones@enron.com To: stephanie.sever@enron.com Subject: RE: Sigma request (CAN Gas Phy Fwd East Spd < or = 1Mo) Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Jones, Tana X-To: Sever, Stephanie X-cc: X-bcc: X-Folder: \TJONES (Non-Privileged)\Jones, Tana\Sent Items X-Origin: Jones-T X-FileName: TJONES (Non-Privileged).pst OK for me. -----Original Message----- From: =09Sever, Stephanie =20 Sent:=09Monday, October 22, 2001 5:39 PM To:=09Jones, Tana; Global Emerging Businesses Cc:=09Moran, Tom; Lebrocq, Wendi Subject:=09FW: Sigma request (CAN Gas Phy Fwd East Spd < or =3D 1Mo) The product long description below will fall under the new product types: =09CAN Gas Phy Fwd East Spd < or =3D 1 Mo =09 Credit (Tom Moran/Wendi Lebrocq) have approved copying the profiles for the= new product type from the following: =09CAN Gas Phy Index Firm East < or =3D 1 Mo Please respond no later than 10am, Wednesday, October 23. Thank you. -----Original Message----- From: =09Moran, Tom =20 Sent:=09Monday, October 22, 2001 5:16 PM To:=09Sever, Stephanie Cc:=09Lebrocq, Wendi Subject:=09RE: Sigma request (CAN Gas Phy Fwd East Spd < or =3D 1Mo) I think that it would be reasonable. Thanks Stephanie. -----Original Message----- From: =09Sever, Stephanie =20 Sent:=09Monday, October 22, 2001 4:35 PM To:=09Moran, Tom; Lebrocq, Wendi Subject:=09FW: Sigma request (CAN Gas Phy Fwd East Spd < or =3D 1Mo) Tom/Wendi, What do you think about copying the profiles from Product Type - CAN Gas Ph= y Index Firm East < or =3D 1 Mo? Thanks, Stephanie x33465 -----Original Message----- From: =09Walker, Chris =20 Sent:=09Wednesday, October 17, 2001 11:07 AM To:=09Hayden, Frank; Adams, Matthew; Clark, Claudia Cc:=09Lees, Lisa; Sever, Stephanie; O'day, Karen; Sweitzer, Tara; Kenne, Da= wn C.; Moorer, Torrey; Blumenthal, Jeff; Musch, Susan; Lozano, Melba; Mered= ith, Kevin Subject:=09Sigma request (CAN Gas Phy Fwd East Spd < or =3D 1Mo) Please provide a sigma factor for the following new product type:=09(the cu= rrent sigma for CAN Gas Phy Basis East Spd is $0.10/MM) CAN Gas Phy Fwd East Spd < or =3D 1Mo Can Gas Phy Spd Dawn vs Niagara Nov01 USD/MM A Canadian Gas Spread Transaction which is entered into as two physical Tra= nsactions with Enron North America Corp. under which either (A) for the cas= e in which Counterparty submits an offer to buy the Spread from Enron, Coun= terparty shall sell the First Transaction and buy the Second Transaction wh= ile Enron shall buy the First Transaction and sell the Second Transaction, = each in respect to a quantity of natural gas equal to the Daily Contract Qu= antity at the Contract Price on a firm basis; or (B) for the case in which = Counterparty submits an offer to sell the Spread to Enron, Counterparty sha= ll buy the First Transaction and sell the Second Transaction while Enron sh= all sell the First Transaction and buy the Second Transaction, each in resp= ect to a quantity of natural gas equal to the Daily Contract Quantity at th= e Contract Price on a firm basis. The Contract Price for the First Transact= ion will be the midpoint of the bid and offer price(s) on the Website for t= he first product listed in the short description at the time of the Transac= tion if both the bid and offer prices are then available or the available p= rice if only one of such prices is then available. The Contract Price for = the Second Transaction will be the Contract Price for the First Transaction= , modified by the price submitted by the Counterparty on the Website. The transaction is from the Effective Date to the Termination Date. The Eff= ective Date is 01 Nov 2001. The Termination Date is 30 Nov 2001. The First Transaction is for delivery at Union Gas - Dawn, Ontario. The Se= cond Transaction is for delivery to Transcanada Pipelines at Niagara. The price is quoted in US Dollars per unit of volume, which will be the Con= tractual 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 p= er day. << File: SPOT GTC Nat Gas ENA.doc >>=20 Thanks, CW