See the new versions of the netting agreement forms below. All that has been done is to move the Force Majeure concept to paragraph 2(a) from 14(b). This allows the daily limit concept to stand in the UMAs, but it won't elevate to a default under the master netting arrangements. In certain instances if you want to "kill" the day limitation completely in the underlying agreement, you can always use the previous 14(b) language from the emailed docs earlier today. The docs remain at v1 (version 1).
Answer: FORM CHANGE AGAIN!
Gentlemen, These docs are ready to go, and your signatures would be appreciated. I will initial the docs when Steve delivers them to me tomorrow. Kay
Answer: Delta docs
Kim: I'm checking into a PG&E citygate basis differential for the 4-months Dec.thru March off the NYMEX for United Cogen in San Franscisco. Right now, the 4-month strip is about $3.03/dth. Whoops, make that $3.26/dth. Also, I'm checking into a price for a 38 months firm gas supply at the Citygate to run from 6/1/03-7/31/06. The volume would be in the 5,000-5,500 dth/day range. Everything at United was put on hold following the 9/11 disaster. If you have any questions, give me a call. Is now a good time to buy Enron stock? Hope you're all doing well.
Answer: Winter strip and 38 month Gas Supply at PG&E Citygate
Postle, I just did a download from Global Facilities of all the delivery points associated with Mid-C, NP15, SP15 and Rockies. You might want to get with Kara (or someone else in scheduling) to determine which points are still actively used. If you find that you're deleting alot more than you're keeping (as was our case), simply highlight the ones you want to take forward to UBS and send the file to Kim Theriot. Let me know if you have any questions! Casey
Answer:
west delivery points