Here is an email: Frank and Tana: Per my voice mail message, here is the Enron corp. Guaranty for Hess. Please fill in the signature blocks for the Hess entities and coordinate with Clement in getting it signed and sent back to Hess. It should be faxed to John Bucalo at Hess at 917-342-8720. Thanks.
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A: Guaranty
Here is an email: Martin Cuilla has kindly agreed to offer his time to help us understand some of the key concepts as trading Natural Gas. Therefore, starting sometime next week, we will be arranging a weekly Q/A. Please forward me any questions/topics you wish to discuss, so we can organize an itinerary, i.e. : What products do we trade? How do you manage risk ? What does this floor trade on a daily basis? Overview his job function? How is P/L calculated throughout/end of day? The difference between physical and financial products? The difference between Nymex, Basis, Cash, Prompt Physical, Prompt Financial, Term, ROM etc? Explanation of the concept of Basis Differential? How do transportation costs affect Basis calculations? How the Nymex products affect the above... i.e. auto hedge? What are the downstream systems, i.e. Sitara for physical etc?
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A: Training
Here is an email: Judy, I thought I was through, but I'm not.....Can you please send up the the following contracts: Wisconsin Power & Light 96045691 WPS 96001003 Also, if someone in my group has already checked it out and returned to you, just tell me who had it and I'll copy off of them (smile!!). Also, do you have a copy of the GTC. We have no idea what it is, and we're looking for the non-performance language associated with it. Thanks!
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A:
A couple more contracts