Message-ID: <22302131.1075860980637.JavaMail.evans@thyme> Date: Tue, 29 Jan 2002 14:00:38 -0800 (PST) From: michelle.lokay@enron.com To: elizabeth.brown@enron.com Subject: Transwestern Capacity Release - ENA/Burlington Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Lokay, Michelle X-To: Brown, Elizabeth X-cc: X-bcc: X-Folder: \Michelle_Lokay_Mar2002\Lokay, Michelle\TW-Commercial Group X-Origin: Lokay-M X-FileName: mlokay (Non-Privileged).pst Here is how I see the February release, with the 50/50 sharing mechanism: ENA's contract with TW is at a daily rate of $0.0600 (one-part) The release to Burlington is at a daily rate of $0.1020 (demand only plus applicable commodity and fuel based on usage) TW will bill Burlington through normal course of business (reservation of $71,400 [$0.1020 x 25,000 x 28 days] plus applicable commodity fees) ENA demand invoice will be adjusted for a capacity release credit of $56,700 [($0.1020 - $0.021) x 25,000 x 28 days] TW will need to book marketing fee revenues of $14,700 [$0.021 x 25,000 x 28 days] ENA will be looking for a payment of $14,700 for their portion of the shared upside I'd copied your format for January...what do you think of the February numbers?