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We should change all settlements at Socal to NGI Southern Border, Socal from Southern California Border average. This new index excludes KRS fixed priced trades. Please let the brokers know about the changes to Socal basis going forward. Please change basis and gd swing swaps (fp and index) in EOL. Also, Frank and Matt should set up basis and a gd swap (fp and index) for southern border, PG&E. This will be the index for PG&E Topock. This index will be effective for April 2001. I will have the physical product out there as soon as possible. Let me know when they have been changed. Mike
Changes to Financial settlements for CA