The following customers are currently covered by Fred Lagrasta's middle market desk primarily for derivative transactions. In all cases except for Hallwood, ENA Denver has a relationship with these customers that primarily covers their physical business, we would like to expand that business to cover their Derivative business as well. The list is based on priority. We would be willing to cover them for their West Gas business only. Fred could continue to cover their East, Central and Oil/Liquids business. Xcel Energy (PSCo) and affiliate e Prime. Devon Energy Cross Timbers Hallwood Energy Forest Oil Prima Patina Oil and Gas Westport
Answer: Middle Market Customers that Denver would like full responsibility for
Reminder: I will out on vacation Thursday and Friday, December 27th / 28th, 2001. Please contact Cecilia Cheung @ 5-3362 for assistance in my absence. Cecilia my home phone: (713)433-1008; Cell: (713)594-7209. Due in Pub Posting on Thursday, December 27, 2001: NX1 NX2 NX3 NX3D NX4 NX5 Post the above rates in Excel after futures download is completed. "O-drive"; Click on: clntSvc; Click on: ksettle; Click on: NYMEXSTL.01.xls Then Post the same rates in ERMS/Pub Postings for January 01, 2002. Click on: "Quote /Deals; click on: "Otc"; click on: "Pub Posting". In Expiration Date box type: 01-Jan-2002; click on: "F5"; in Pub Code box enter: "nx%"; Click on: "F3". Locate the above codes in the listings: Post Rates. Click on: "F8" after each entry or you may try clicking on: "F8" after all rates are posted. Call me if you need me. Thanks Cecilia for your assistance. See you guys on Monday, December 31, 2001. wlh
Answer: Global Rates
Russell: I spoke briefly with Paul about your long-dated commodity deal and have a few comments. (1) Have you spoken with anyone on the confirmation desk about preparing a draft confirm? Joe Hunter (X33316) is a good start. (2) Paul advises that you will be transacting pursuant to the existing ISDA Master Agreement between ENA and CSFB Int'l (name change from Credit Suisse Financial Products). In that regard, you should be sure to add the following items to the confirmation and discuss with your counterparty: (a) ENA should be the Calculation Agent for purposes of this transaction. (b) You should provide for "Payments on Early Termination" as: "For the purpose of Section 6(e) of the ISDA Master Agreement, (i) Loss will apply, and (ii) the Second Method will apply." Also, you should obtain evidence of the name change (usually a certificate of name change). Let me know if you have any questions. Thanks. Sara
Answer: CSFB International deal
Ken Raisler will be here on Monday, May 21 to conduct several training sessions for the weather and steel trading desks. If you can work it into your schedule, please try and attend one or more of these sessions. Brent will have further scheduling details. Mark
Answer:
Trader Training Sessions