QUESTION: Stephanie and Sara - We currently have several deals on the books with National Energy Group, Inc. that we confirmed under omnibus confirms. The initial two deals that we did with them, TAGG numbers QY8453 and QY9133, required independent amounts and had the credit language attached. I have attached those annexes below. We have since executed the following trades: VH0606 VH0931 VH0969 VH0982 VT5854 VT5861 Our positions with this counterparty have gone deep in the money to them, and they have asked us to send them back the collateral. While I am not thrilled about doing this, I understand that this is a commercial issue and we probably need to do this to be responsive to the customer. If you hadn't guessed by now, this is a Lagrasta customer, so I am getting the requisite incentive from Fred to get this done. In concert with the return of their collateral, I want to send them a document that allows us to call for margin again if their positions start moving back in ENA's favor. I want to be able to call them if their position moves any less than $3 million in their favor. Right now, the positions are over $6 MM in National Energy Group's favor; I want to call them if that exposure changes to anything less than $3 MM in their favor. This would still give us some "cushion". What do we need to do to make this happen? JRW
Propose a subject line for this email?
ANS: National Energy Group, Inc.
GOOD MORNING! PLS FIND ATTACHED SHIP'S TIMESHEET FOR QALHAT. ETA SUEZ 20 2000 LT ETA ALGECIRAS, SPAIN 27 1200 LT ETA LAKE CHARLES 08 JUNE 0100 LT Brgds Knut Bentzr?d Master LNG/C "Hoegh Galleon" E-mail: master.gall@hoegh.no Teleph: Inmarsat tel.no.+873 330853910 Fax : Inmarsat fax no.+873 330853913 Telex : Inmarsat B telex no.+583 330853915 Telex : Inmarsat C telex no.+583 430853910 (24hrs.watch) - portlog.qalhat,voy2.xls
Q: What is a potential subject line for this email?
answer: DEPARTURE QALHAT
Please note that the CBR meeting was rescheduled from September 14th @ 1:30 to new date & time, September 24th @ 3:00 - 5:00 in conference room 49C2. If you have any questions, please call me at x33597. Thank you. Julie Armstrong x33597
Answer: Change to September 14th CBR meeting (formerly known as NG/TW Actuals)
Here is an email: There are five CNG postings listed below. Posting #1 APPALACHIAN PRODUCER NOTICE POSTED May 23, 2000 Dear West Virginia Producer, Over the last several years, Dominion Transmission has worked hard providing additional value to producers on its gathering system and through innovative projects and joint ventures. In continuing with that process to bring you more value for your local production and to improve the efficiency of our gathering system, we would like to continue a process where compression into our gathering system may be approved. We have been able to grant a limited number of these requests in the past, and would now like to make this opportunity somewhat more widely available to the producers. For this second offering, the process we will use is as follows: For a period of 30 days, beginning 12:00 Noon on May 24, 2000, the Gathering and Production Division of Dominion Transmission will accept applications for compression rights into its gathering system for gas feeding its SCHUTTE compressor station. The Dominion "bubbles" affected are 4404 & 4405. Dominion recognizes that, although limited, there does exist the incremental capacity for throughput through these compressor stations. The incremental capacity authorized through new compression agreements will not exceed the limit Dominion determines to be the capacity of the existing compressors. Dominion will attempt to be flexible in approving the applications it receives, but will limit approved applications so as to not unreasonably interfere with the production from the existing non-compressed gas entering the system. Please submit your written application to Joe Thompson at the Dominion Gathering & Production Office. The application must indicate the amount of "incremental" gas for the specific compression agreement. Dominion recognizes that the installation of compression requires differing time frames. We will balance that consideration with our need to insure that the application process is not abused to the disadvantage of other producers; therefore, once granted, the applicant must have the compression in place and operable within six months of Dominion's approval, or the rights to all unconstructed capacity will be forfeited. In the event that more requests for compression rights for incremental gas are received than for which there is capacity, Dominion will award the rights on a prorated basis. Please include in your written request the mid number or a map of the proposed location where you will be requesting to install compression. Also include the incremental volume you are wishing to transport under the compression agreement. Your name, company name and address, state of incorporation, phone and fax number, as well as an e-mail address, if available, should be included (please print or type). Forward this information to: Joseph A. Thompson Manager, Business Development Dominion Transmission Gathering & Production Division 500 Davisson Run Road Clarksburg, WV 26301 After all requests are received, we will review the request and make a determination on granting compression based on capacity available and the capacity requests. You will be contacted as soon as possible after June 23, 2000 to notify you of those requests that have been approved. Please realize that this is a "window" and the opportunity will close after Noon on June 23, 2000. I hope that this will provide opportunity for you to increase the value of your production facilities, and I look forward to working with you on this opportunity to add compression. You can contact Joe Thompson at (304) 623-8709 or Dan Stuart at (304) 623-8705 with any questions you may have regarding this compression "open season" request on Dominion Gathering. Sincerely,
What is a potential subject line for this email?
A: CNG EBB notices
Q: I've been asked for a copy of the transcript from the FERC hearing in S.D. Any chance of getting that? And do you folks have a copy of the Peace letter (treatise) sent to FERC last week? If so, could you fax it to 415.782.7854? Many thanks. Best,
Propose a subject line
A: Peace Letter & FERC Transcripts
Here is an email: 30 days remain prior to the target date specified in an open audit observation. Please click on the document link below, review the observation / action step(s) / responsible person(s), and provide completion / progress report, updates, and revised target date, if any. NOTE: EACH E-MAIL REPRESENTS A SEPARATE AUDIT OBSERVATION. Click on this link to view document -->
What is a potential subject line for this email?
A:
"Project DoorStep" 30-DAY REMINDER