Message-ID: <3627738.1075845355936.JavaMail.evans@thyme> Date: Tue, 29 May 2001 07:49:48 -0700 (PDT) From: eric.boyt@enron.com To: charles.weldon@enron.com Subject: FW: Very Notional Gas Basis Bids for Abraxas Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Boyt, Eric X-To: Weldon, V. Charles X-cc: X-bcc: X-Folder: \Weldon, V. Charles\Weldon, V. Charles\Deleted Items X-Origin: WELDON-V X-FileName: Weldon, V. Charles.pst Charlie, They basically want to fix the NYMEX and Basis for a potential VPP transaction. This is pretty straight forward. Just set up swap model, one for each of the points listed below. Use the indicated 5,000 mmbtu/d as the volume. It will be a 10 year deal, with the quotes split out for each of the first 5 years and then one number for the tail. This would be a good one to talk to Dutch about (individual yearly quotes vs. one swap quote). We might also want to have the same discussion with the basis traders. Tenn (S.Brawner)- we need to know which leg (assume for now Zone L-500 leg) Ship (Eric Bass) - is Houston Ship Channel TETCO STX (S.Brawner) Transco Z1 (S.Brawner) Once you have the model built let me know and this afternoon we can talk to the traders. Eric -----Original Message----- From: Quick, Joan Sent: Thursday, May 24, 2001 3:29 PM To: Boyt, Eric Cc: Kalb, Thomas; Jain, Avinash Subject: Very Notional Gas Basis Bids for Abraxas Eric, We are doing our first preliminary look at a VPP with Abraxas. Please provide me with very notional gas basis numbers for the below points. I will have more to add, but it will be next week. If I could get bids by year for the first five yrs, then one number for yrs 6 thru 10, that would be great. I don't know what the vol will be...just assume 5,000 MMBtu/d. Tenn [TX] Ship TETCO [S TX] Transco zn 1 [pooling point] thanks joan