Concerning the status of Cinnabar, Mr. Shumway and I are currently discussing requested changes in the Guaranty involving letters of credit and damages. We cannot agree to their suggested change in language to the Guaranty. Therefore as some of their transactions are for 30-60 days and they are looking at on line trading, I purposed for the short term a GISB. He agreed, and I will be sending our draft of same to him for review (I will include you in my e-mail). The issue of the Master is still open and I await his final response. I will keep you informed of Cinnabar's status.
Q: What is a potential subject line for this email?
answer: Cinnabar Energy Services & Trading, L.L.C.
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Q: What is a potential subject line for this email?
answer: WARNING: Your mailbox is approaching the size limit
It turns out the initial auction product will not be the emissions credits but rather the EnBank UK synthetic gas storage product. They want this auction to allow bids to be revoked or revised up until the end of the auction period and not to have the ability to accept bids until the expiration time. There is still no commitment to sell anything. All transactions will be for sales by Enron to the counterparty. I have taken a stab at revising the procedures language with this in mind.
Q: What is a potential subject line for this email?
answer: Just when we thought it was safe....
Julie, The attached spreadsheet contains all the parties and volumes, but I am still missing some contract numbers. The Denver office is trying to round up that info. Kern probably has all the contract numbers and could fill those in.
Q: What is a potential subject line for this email?
answer:
Assignment Data