IN: This is an email
Tino called this morning with a quick report. They are still negotiating with DOE on a power plant deal, but it looks pretty shaky. The size of the plant has grown to 380 MW, for reasons that are unclear to me. Tino has been ordered to develop an exit strategy in case the power plant deal falls apart. He says Dennis has about $3 mm in the project so far, most of it related to the pipeline right of way. The have a binding 20 year agreement with the tribes for the ROW that calls for a $100,000 minimum monthly payment. I'm not sure the entire route is perfected or not or whether the ROW agreement includes fiber optic rights etc. The question is whether we are even interested enough to justify a closer look, since the rights Dennis has pulled together will probably be available for cents on the dollar. I told Tino I'd give him a call next week to let him know. At minimum, I'd suggest we have one of our ROW guys take a look at whatever they've got and advise us on what its worth. Your thoughts? DF

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OUT: Pueblo

IN: This is an email
I left a voice mail for David since he's out, but I have a suggestion on our reporting for this meeting (not that I'm reporting anymore...). I wasn't included in the discussions on how this report started up again, so I may not have all the facts on why we're doing what we're doing. - at a minimum, we should use the Commodity DPR instead of the Business Unit DPR - for example, he was unable to see the 850 Bcf NA Gas NOP, or the components thereof as the Business Unit DPR is used - would it be worthwhile to do a report that shows a week on week comparision of NOP, M/G, and VaR, with a 5-day P/L, based on the Concentration Limit DPR? It seems to me that is what he's looking for - what happened this past week, and why, not just what our current position is. This type of report is also consistent with how Credit presents their information (week on week change). Let me know if you agree, and maybe Veronica can have that ready for you next week. Regards,

What is the subject?

OUT: Frevert's Market Risk Report

IN: This is an email
The total mark to market value for US Gas EOL deals as of 08/31/2000 was: $332,200,027 Physical deals totalled $(5,441,280). Financial deals totalled $337,641,307. Let me know if you have any questions. Thanks,

What is the subject?

OUT:
US Gas EOL Market Value