Message-ID: <18103520.1075852859920.JavaMail.evans@thyme> Date: Tue, 21 Aug 2001 15:12:41 -0700 (PDT) From: lbarton@hesinet.com To: kward@ect.enron.com Subject: 3 Yr. Gas Supply at PG&E Citygate & "No-cost" Collar Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Louis Barton" @ENRON X-To: Kim Ward X-cc: X-bcc: X-Folder: \KWARD (Non-Privileged)\Ward, Kim S (Houston)\Henwood X-Origin: Ward-K X-FileName: KWARD (Non-Privileged).pst Kim: It's been a little while since I last spoke to you (about the call option), but I'm checking if you have a refreshed price for a 39 months firm gas supply at the PG&E Citygate to run from 6/1/03-8/31/06. The volume would be at least 5,000 dth/day. I'd also like to see the indicative prices of a "no-cost" collar for this time period; for example, if I'm interested in a ceiling at $5.00, would the floor price be $3.75/dth, $4.00/dth? The call options premiums were just too expensive. If you have any questions, give me a call. And thanks again for all your help. Louis Barton-Project Manager Henwood Energy Services, Inc. 1300 Parkwood Circle, Suite 100 Atlanta, GA 30339 Office: (770) 226-8482 ext. 13 Fax: (770) 226-8737LBarton@HESINET.com