IN: This is an email
Gerald, Here is what I have so far for the draft confirmation for Mariner. As we discussed, I need you to add the language that states that at the Seller's option, we will release a given property for the remainder of the term of the contract if we are unable to move the gas from that property due to transportation. Thanks,

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OUT: Mariner Draft Confirm

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ICE VOLUMES Energy Firm Load Peak Firm Load Peak Firm Load Peak Firm Load Peak Delivery Pt. Mid-C Palo Verde SP-15 COB Term Apr-01 Apr-01 Next Day Apr-01 Avg. Price 303.00 257.00 340.00 310.00 Total MW 10,000 MWhs 10,000 MWhs 1,200 MWhs 10,000 MWhs

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OUT: Daily EOL Summary 3/5

IN: This is an email
The Emmisions book under Kevin McGowan will take a one time $4 Million hit today. This is to move the curves to better reflect the current market. This hit will stay in the Coal group but will be removed from its P/L from a performance measurement standpoint. Now that the curves are corrected I expect a focus on building our emmisions trading business in the following ways: 1. Understanding the fundamentals. 2. Taking advantage of structural shifts that we forecast. 3. Building more liquidity and being the primary market maker. 4. Developing new traders. Thanks

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OUT:
Emmisions