Message-ID: <288285.1075857005804.JavaMail.evans@thyme> Date: Fri, 7 Jan 2000 04:30:00 -0800 (PST) From: vince.kaminski@enron.com To: stinson.gibner@enron.com Subject: Amerada Hess Day Rate Hedge numbers Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Vince J Kaminski X-To: Stinson Gibner X-cc: X-bcc: X-Folder: \Vincent_Kaminski_Jun2001_8\Notes Folders\'sent mail X-Origin: Kaminski-V X-FileName: vkamins.nsf ---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/07/2000 12:29 PM --------------------------- John Peyton 01/04/2000 11:12 PM To: Vince J Kaminski/HOU/ECT@ECT cc: Chris Hilgert/HOU/ECT@ect, Randal T Maffett/HOU/ECT@ECT, W Tom Byargeon/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT Subject: Amerada Hess Day Rate Hedge numbers Attached are the historical numbers for the Semi-submersibles 4th and 5th generation day rates. Their price is 155,000/day for the next 4 years. I would think that a floor of $100,000 would be the place to start Jan 1, 2001 through Dec 31, 2004. We need to know the Call strike that would make it costless. I plan on making some examples discussion purposes to discuss with them on Friday of this week. I will update you ASAP on the balance of day rate prices. Let me know what else you will need to prepare the statistical analysis. The numbers include highs and lows; let me know your ideas on how to address this in the quote. Thanks, John 30395