Message-ID: <19696673.1075855092847.JavaMail.evans@thyme> Date: Tue, 20 Nov 2001 10:37:49 -0800 (PST) From: andrea.ring@enron.com To: frank.vickers@enron.com Subject: RE: TBG Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Ring, Andrea X-To: Vickers, Frank X-cc: X-bcc: X-Folder: \Andrea_Ring_Jan2002_1\Ring, Andrea\Sent Items X-Origin: Ring-A X-FileName: aring (Non-Privileged).pst Hi! Thank you once again for all your sucessful efforts to renegotiate th= is deal. It means so much to Enron and the physical desk. =20 =20 =20 -----Original Message----- From: =09Vickers, Frank =20 Sent:=09Monday, November 19, 2001 2:31 PM To:=09Ring, Andrea Cc:=09Neal, Scott; Barbe, Robin Subject:=09TBG Andy, I have completed negotiation with TBG on the Settlement. TBG has exe= cuted the documents and Louise and John have approved the deal. In short, = I want to make sure that you understand the effect on you. Attached is a m= ore detailed summary but generally I removed all swing flexibility from the= deal. They have baseload obligations of 12,500 MMBtu per day. We can del= iver at any of the delivery points identified in the Agreement ( I will giv= e you a copy of the Agreements) however the primary delivery point is Stati= on 65. That is the location for all price settlements. If we delivery at = an alternate location we receive additional basis differentials for moving = downstream ( Station 85 ) and we pay the basis differential for moving ups= tream ( Sta 45, 30 ). TBG has the right to move our deliveries back to Sta = 65 at anytime, if we are delivering at alternate locations. I want to check= with you one more time before I execute the final documents. I think that= this is a great trade for ENA if I do say so myself. My next effort is to= clear up any issues with Trigen. Frank << File: TBG Settlement Terms.doc >>