Subject: Re: Coal Changes in EnronOnline
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked]
Date: Thu, 2 Dec 1999 01:21:00 -0800 (PST)

David:

Wayne Gresham in my group is handling coal. I am forwarding a copy of this 
message to him for his review.

Alan

David Forster
12/01/99 08:15 PM
To: Alan Aronowitz/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT 
Subject: Coal Changes in EnronOnline

Alan/Harry,

I can't remember which of you two lucky souls are looking after coal.

We have modified the Coal Products somewhat. 

Previously, we showed Product Types for US Coal Nymex Phy Fwd, US Coal 
PRB8400 Phy Fwd and US Coal PRB880 Phy Fwd.
We are in the process of replacing this with a single Product Type: US Coal 
Phy Fwd, which has various delivery locations. This is more of a logical 
change than anything else, and the long descriptions have been edited only 
slightly from what was there before. Please review the following and let us 
know if it meets your approval.

Thanks,

Dave

New Short Description example:   US Coal Phy      Nymex           Apr-Jun00   
USD/ST-b

A US Coal Transaction with Enron North America Corp., under which the Seller 
shall sell and the Buyer shall 
purchase the agreed quantity of coal at the Contract Price.
The term of the Transaction shall be from the Effective Date to the 
Termination Date.
The Effective Date is 01 Apr 2000. The Termination Date is 30 Jun 2000.
The transaction is for NYMEX look-alike coal for delivery FOB Barge at a 
delivery facility between
Milepost 306 and 317 on the Ohio River or on the Big Sandy River.
The transaction is for a calorific value of base 12,000 BTU/lb, net as 
received with a maximum sulphur content of 1.05%.
The price is quoted in US Dollars per unit of volume, which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be short tons 
(2000 lbs) and the quantity
shown shall be representative of barges containing 1,550 short tons per 
barge. .

New Short Description example:  US Coal Phy      PRB8400         Apr-Jun00   
USD/ST-t

A US Coal Transaction with Enron North America Corp., under which the Seller 
shall sell and the Buyer shall
purchase the agreed quantity of coal at the Contract Price.
The term of the Transaction shall be from the Effective Date to the 
Termination Date. 
The Effective Date is 01 Apr 2000. The Termination Date is 30 Jun 2000.
The transaction is for FOB Mine in the Powder River Basin located in the 
state of Wyoming and on the joint line
that is served by Burlington Northern Santa Fe/Union Pacific rail lines. 
The transaction is for coal with a minimum head content of 8200 BTU/lb and a 
maximum sulphur content of 1.2 lbs 
SO2 per mmbtu.
Buyer and Seller agree to adjust for delivered heat content deviation from a 
8400 BTU/lb basis and to adjust
for delivered sulphur deviation from a 0.8 lbs. SO2 per mmbtu basis.
The price is quoted in US Dollars per unit of volume, which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be short tons 
(ST) (2000 lbs) and the quantity 
shown shall be in total number of trains (12,500 tons).

New Short Description example:   US Coal Phy      PRB8800         Apr-Jun00   
USD/ST-t

A US Coal Transaction with Enron North America Corp., under which the Seller 
shall sell and the Buyer shall 
purchase the agreed quantity of coal at the Contract Price.
The term of the Transaction shall be from the Effective Date to the 
Termination Date. 
The Effective Date is 01 Apr 2000. The Termination Date is 30 Jun 2000.
The transaction is for FOB Mine in the Powder River Basin located in the 
state of Wyoming and on the joint line
that is served by Burlington Northern Santa Fe/Union Pacific rail lines. 
The transaction is for coal with a minimum head content of 8600 BTU/lb and a 
maximum sulphur content of 1.2 lbs 
SO2 per mmbtu.
Buyer and Seller agree to adjust for delivered heat content deviation from a 
8800 BTU/lb basis and to adjust 
for delivered sulphur deviation from a 0.8 lbs SO2 per mmbtu basis.
The price is quoted in US Dollars per unit of volume, which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be short tons 
(ST) (2000 lbs) and the quantity shown 
shall be in total number of trains (12,500 tons).