Spreadsheet: mark_whitt__25258__November 19 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.3 | 0.12 | 2.637 | 0.08599999999999985 | 9866.9 | -5.399999999999636
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
1.71 | -0.8 | 1.725 | -0.305 | 1.5875 | 0.0006999999999999229
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-11-19 00:00:00
-0.5910396217273954 | -0.2279208688137626 | 18.44260000000053 | 0 | 7315.3 | -34.13999999999942
3.18 | -0.3631187529136328 | 18.44260000000053 | 9872.3 | 1.5868 | 7349.44
NATURAL GAS PRICES (US$/MMBtu unless otherwise noted)
 |  | Nymex |  | Aeco (CAD/GJ) |  | Aeco Basis |  | Aeco/Empress Transport (CAD/GJ) |  | Station 2 Basis |  | Station 2 Fixed Price (CAD/GJ) |  | [NAME] |  | [NAME]
 |  | Nymex | Nymex | FX | FX | AecoB | AecoB | ETransport | ETransport | Station2B | Station2B | Station2 | Station2 | DawnB | DawnB | NiagaraB | NiagaraB
 |  | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01
 |  | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer
Cash (fixed price) |  | 1.715 | 1.735 | 1.7 | 1.72 |  |  |  |  |  |  | 1.81 | 1.83 | 1.865 | 1.885 | 1.895 | 1.915
ROM (fixed price) |  | 2.14 | 2.16 | 2.41 | 2.43 |  |  | 0.15 | 0.175 |  |  | 2.34 | 2.36 | 2.34 | 2.36 | 2.38 | 2.4
Prompt |  | 2.627 | 2.647 | 3.284920108032303 | 3.315079891967698 | -0.4586554103511132 | -0.4386554103511132 | 0.165 | 0.175 | -0.2265582569035043 | -0.2065582569035043 | 3.64 | 3.66 | 0.21 | 0.23 | 0.365 | 0.385
Dec-01-Mar-02 |  | 2.809802014410885 | 2.829802014410884 | 3.53030936985204 | 3.56047750707619 | -0.4793795059731196 | -0.4593795059731196 | 0.17 | 0.18 | -0.3458033546005312 | -0.3258033546005312 | 3.736884216520364 | 3.756884216520364 | 0.1605368271761458 | 0.1805368271761458 | 0.3155368271761458 | 0.3355368271761459
Apr-02-Oct-02 |  | 2.989227769427245 | 3.009227769427244 | 3.741286119942978 | 3.771467180078548 | -0.52 | -0.5 | 0.155 | 0.165 | -0.4802399649018469 | -0.4602399649018469 | 3.806370017866012 | 3.826370017866012 | 0.1 | 0.12 | 0.145 | 0.165
Dec-01-Oct-02 |  | 2.923966724545822 | 2.943966724545821 | 3.664528536321357 | 3.694704896113311 | -0.5052254438971031 | -0.4852254438971031 | 0.16 | 0.175 | -0.4313424492816361 | -0.411342449281636 | 3.7810965224315 | 3.801096522431499 | 0.1220185591246987 | 0.1420185591246987 | 0.2070279487259965 | 0.2270279487259965
Nov-02-Mar-03 |  | 3.46936340010327 | 3.48936340010327 | 4.56956182683629 | 4.599730289468938 | -0.45 | -0.43 | 0.155 | 0.175 | -0.1390209587454374 | -0.1190209587454374 | 5.043722805403552 | 5.063722805403551 | 0.2059790412545626 | 0.2259790412545626 | 0.3659790412545626 | 0.3859790412545626
Apr-03-Oct-03 |  | 3.406743787868431 | 3.42674378786843 | 4.465032317425175 | 4.495183692001965 | -0.455 | -0.435 | 0.155 | 0.175 | -0.3754016363160245 | -0.3554016363160245 | 4.590094085285817 | 4.610094085285817 | 0.125 | 0.145 | 0.16 | 0.18
NATURAL GAS PRICES (US$/MMBtu unless otherwise noted)
 |  | [NAME] |  | Rockies Basis |  | [NAME] |  | Socal Basis |  | San Juan Basis |  | Ventura Basis |  | Chicago City Gate Basis |  | TZ6
 |  | SumasB | SumasB | RockiesB | RockiesB | MalinB | MalinB | SocalB | SocalB | San Juan | San Juan | [NAME] | [NAME] | ChicagoB | ChicagoB | TZ6B | TZ6B
 |  | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 | 0.01
 |  | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer | Bid | Offer
Cash (fixed price) |  | 1.275 | 1.295 | 1.11 | 1.13 | 1.345 | 1.365 | 1.39 | 1.41 | 1.115 | 1.135 | 1.485 | 1.505 | 1.635 | 1.655 | 1.98 | 2
ROM (fixed price) |  | 1.79 | 1.81 | 1.47 | 1.49 | 1.77 | 1.79 | 1.86 | 1.88 | -0.01 | 0.01 | 1.99 | 2.01 | 2.095 | 2.115 | 2.68 | 2.7
Prompt |  | -0.2 | -0.18 | -0.6125 | -0.5925 | -0.245 | -0.225 | -0.25 | -0.23 | -0.47 | -0.45 | -0.08 | -0.06 | 0.04 | 0.06 | 0.85 | 0.87
Dec-01-Mar-02 |  | -0.2213724369996636 | -0.2013724369996636 | -0.5327273491556023 | -0.5127273491556023 | -0.2203811217268927 | -0.2003811217268927 | -0.2055210365616554 | -0.1855210365616553 | -0.4056834237476799 | -0.3856834237476799 | -0.06013542036451026 | -0.04013542036451025 | 0.08447896343834467 | 0.1044789634383447 | 1.221692635972001 | 1.241692635972001
Apr-02-Oct-02 |  | -0.389918481897664 | -0.369918481897664 | -0.61 | -0.59 | -0.1747589798539434 | -0.1547589798539434 | 0.03017961096381366 | 0.05017961096381366 | -0.3799397449634859 | -0.3599397449634859 | -0.11 | -0.09 | 0.015 | 0.035 | 0.3827628057196081 | 0.4027628057196082
Dec-01-Oct-02 |  | -0.3286146239332827 | -0.3086146239332827 | -0.5818942582440131 | -0.5618942582440131 | -0.1913527439324935 | -0.1713527439324935 | -0.05554983481913797 | -0.03554983481913796 | -0.3893032801839176 | -0.3693032801839176 | -0.0918631691459886 | -0.07186316914598861 | 0.04027100833908241 | 0.06027100833908241 | 0.6878998095988689 | 0.7078998095988689
Nov-02-Mar-03 |  | 0.0371810673430442 | 0.0571810673430442 | -0.3104502393051844 | -0.2904502393051844 | 0.04146709000217595 | 0.06146709000217596 | 0.075 | 0.095 | -0.24 | -0.22 | -0.03014048541420812 | -0.01014048541420812 | 0.1109790412545627 | 0.1309790412545627 | 1.109628893306293 | 1.129628893306293
Apr-03-Oct-03 |  | -0.285 | -0.265 | -0.475 | -0.455 | 0.04 | 0.06 | 0.2 | 0.22 | -0.295 | -0.275 | -0.11 | -0.09 | 0.025 | 0.045 | 0.370051841358369 | 0.390051841358369
STRUCTURES
$1.00 OTM Aeco Floors (C$[NAME]) |  |  | $1.00 OTM Aeco Caps (C$[NAME]) |  |  | Aeco Costless Collar (C$[NAME]) |  |  | $1.00 OTM Nymex Floors (US$/MMbtu) |  |  | $1.00 OTM Nymex Caps (US$/MMbtu) |  |  | Nymex Costless Collar (US$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1731078749444806 | 0.2231078749444806 | Apr-02-Oct-02 | 0.3220459669934485 | 0.3720459669934484 | Apr-02-Oct-02 | 2.756370017866012 | 5.534275139621163 | Apr-02-Oct-02 | 0.05217531520182412 | 0.1021753152018241 | Apr-02-Oct-02 | 0.1650873063884851 | 0.2150873063884852 | Apr-02-Oct-02 | 1.999227769427244 | 4.797436909884745
Dec-01-Oct-02 | 0.1206230178787986 | 0.1706230178787986 | Dec-01-Oct-02 | 0.256462864923248 | 0.306462864923248 | Dec-01-Oct-02 | 2.693657223816358 | 5.520732141930218 | Dec-01-Oct-02 | 0.02708419092477537 | 0.07708419092477536 | Dec-01-Oct-02 | 0.1300350778488658 | 0.1800350778488659 | Dec-01-Oct-02 | 1.933966724545821 | 4.798899796006967
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12740.08487040076 | 12291.7506805559 | Yesterday |  |  |  | 1 month | 18.44260000000053 | -1.613599999998321
 |  |  |  |  |  |  |  | BC | 1936.940809968847 | 1755.031055900622 | Prompt | 37.39 -  41.48 | 44.71 - 48.44 | 32.32 - 36.68 | 2 month | 18.54919673017559 | -1.565397985722985
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 37.39 -  41.48 | 44.71 - 48.44 | 32.32 - 36.68 | 3 month | 18.64138737548394 | -1.511064998277909
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 38.88 -  50.65 | 55.26 - 64.52 | 25.39 - 39.22 | 6 month | 18.90799229723632 | -1.321028856835646
 |  |  |  |  |  |  |  | US | 0.94 | 0.83 | Q2 2002 | 34.91 -  44.06 | 46.29 - 53.74 | 24.86 - 35.51 | Rest of Cal  01 | 18.44260000000053 | -1.613599999998321
 |  |  |  |  |  |  |  | Canada | 0.82 | 0.82 | Q3 2002 | 36.36 -  43.37 | 47.69 - 52.56 | 26.83 - 35.65 | Cal 02 | 19.43907626571322 | -0.91773605578474
6-10 DAY WEATHER OUTLOOK |  |  | AGA STORAGE |  |  | CGA STORAGE |  |  | ENRONONLINE PROMPT AECO (NIT) |  |  | HENRY HUB CASH |  |  | FORWARD GAS CURVES
 |  |  |  | This Year | Last Year |  | This Year | Last Year
 |  |  | 2001-11-09 00:00:00 | 7 | -6 | 2000-11-09 00:00:00 | 5.938000000000045 | -1.916660751047004
 |  |  | 2001-10-25 00:00:00 | 23 | 70 | 2000-11-02 00:00:00 | 1 | 4.7