QUESTION: Jim, Can we meet on Friday to discuss this topic. The person who supports power, Grant Masson, will be out for the next two days. Vince
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ANS: IPPs in ERCOT

QUESTION: Please send this email to anyone that may need to see it. I'm sure I left someone out. This is citygate gas ENA will sell to CES for June. This will reduce the numbers on the sheet Doug sent us yesterday. East Ohio Gas on CNG 10,000 dth/ month from Power Gas Marketing CPA on TCO 500 dth/day from Power Gas Marketing 1,833 dth/day from StatOil 1,100 dth/day from Questa - Note: this is an estimated volume. We should know the actual volume in the next day or so. Note: CES is not taking any Carnagie gas at CPA. National Fuel 250 dth/day from Belden & Blake. The deal expires 6/30/2000. Equitrans All of the Equitrans is production or pool gas on the pipeline. ENA nominates this gas. CES still has a citygate load of 1,280 dth/day for June on Equitrans so the production gas will be delivered to CES. CES will not be receiving any local production behind Peoples or NYSEG.
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ANS: Local Production for June

QUESTION: Here are the preliminary drafts of the term sheets. The scenario highlights are: Exchange will host its private label exchange and the central transaction engine and database Exchange will buy the hardware needed for the implementation Exchange will define the scope of the hardware needed for local handheld devices and specialist software Exchange will map and integrate the solution to its back-office systems. Technology provider will provide Exchange with a standardized format data feed to the back-office (we still need to decide how the data format will be defined and who will define it) Technology Provider will provide all the software and consulting needed for the solution implementation Technology provider will be compensated for his solution Specialist will receive compensation for managing products Specialist will use commercially best efforts to maintain a defined spread on the product it manages Specialist will have the option to stream price/volume pairs form the system to its own principal platform Specialist will have the option to stream its own markets to the system (rules need to be defined) Specialist will pay no clearing or exchange fees for the products it manages Specialist will have fill participation advantages
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ANS:
Preliminary drafts of term sheets for project Boss