CES has a synthetic storage deal with Equitable Gas Company on Texas Eastern. CES gave Equitable 100,000 dth in April 1999 and Equitable is giving CES the gas back in January 2000 in Tetco M2. According to my new best buddy Fred at Equitable, CES will pay Equitable $.65 /dth after the January transaction is complete. Here are my questions/comments; 1. David - please look at the new deal I created for this exchange (deal 146788). The existing deal (deal 138741) is set up as a pipeline exchange. I believe the counterparty should be Equitable Gas Company which is the LDC. If it looks OK to you, I will kill the old deal and add the volumes to the new deal. Please let me know ASAP. 2. Linda/David - do we have CES's contract with Equitable? I would like to see a) what CES was paying Equitable for this deal and b) when the payment was due. 3. David/Stephanie - if the deal is structured the way Fred described it above, where do we put the $.65 fee at? 4. Linda - Fred has not received any assignment notices regarding CES deals. He doesn't know if he should bill CES or Enron North America. Who should he talk to about that?? Please forward this email to others that may need to see it. Thanks
Answer: Equitabel Gas Company Exchange on Tetco
As a valued member of the Contemporary Arts Museum's Board of Trustees, you have been selected for the Corporate Committee. (You may have been assigned to additional board committees. These committee chairs will contact you soon.) The goal of the Corporate Committee is to bring in new and renewed Corporate Members at the $1,000, $2,500, $5,000 or $10,000 levels. Their gifts will account for $40,000 - $50,000 of unrestricted operating support this year. Your primary responsibility as a Corporate Committee member will be attendance at the year's only Committee Meeting, scheduled for Thursday, November 1 from noon to 1:30 p.m. After the meeting, the development staff will work with you at your convenience by phone, fax and e-mail to draft solicitation letters, deliver them to your office for your signature and assist you in any way possible in your follow up efforts. This year's committee will be chaired by G. Stephen Finley, Senior Vice President, Finance and Administration, and Chief Financial Officer at Baker Hughes Incorporated. The November 1st meeting will take place at his office located at 3900 Essex Lane, Suite 1200. Lunch will be provided. Please R.s.v.p. to Amber Winsor at 713-284-8263. Thank you for serving the Contemporary Arts Museum in this capacity. If you have any questions, please contact me at 713-284-8265 or at kssoh@camh.org. Karen Skaer Soh Director of Development
Answer: Museum Corporate Committee
I've updated the spreadsheet to show the payables totals for the existing and proposed deals as Jan 25, 2002 and July 25, 2002, respectively. I have also modified the payables calculation to consider only 2002 prices, as this is the applicable period for our exercise. - T
Answer: Huber Summary
Since my daughter is going over to London it prompted me to see if that would be a good time for me to come as well. Then week of March 5. I could stay a day or two if needed. Any thoughts? Rick
Answer:
RBB Visit to London