QUESTION: I'm checking all my deals and found I need to add the following. Bookout deal 533305 with 533306 (volume of 688 day for the 1st - 31st). Bookout deal 533317 with deal 533319 (volume of 5000 day for the 5th - 31st). The last problem deals I see are 516286 and 521475. This is not a bookout, One of these should be killed and I think it should be the purchase deal 516286. We should see New Power scheduling gas out of our pool. The volume on the 5th - 31st should be about 40,257 day. Just a note, since I think the purchase deal should be killed, this would make us 520,000 shorter for the month in Sitara. I left a voicemail for Mike Garred to verify.
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ANS: New Power Bookouts

QUESTION: Peggy: I work in the ENA legal group - financial trading section. One of our legal assistants recently left our group and I was wondering if you might be interested in interviewing for this position. I received a copy of your resume from Joyce Dorsey. If you are interesred, could you please call me at 33989? Thanks. carol
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ANS: Legal assistant Position

QUESTION: Wayne- I have run the economics on whether to heel out the cargo and attached the model below. The current NYMEX price for gas in January (which the best price we can get today) is $4.60. Today's cash price for prompt delivery is about $3.80-$3.90. The incentive is about $71,000 at the high end (Jan) and about break even at the low end (prompt). Even at the high end, there isn't much incentive when you take into account the extra day of cooling down you would need. I talked to Jonathan Whitehead about this and he agreed that it probably isn't worth doing on this trip. We will keep an eye on prices and look at locking something in for future trips if the price spikes. Otherwise we will revisit on a trip by trip basis. Dan
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ANS:
Heel out on "Hoegh Galleon" delivery June 9, 2001