Spreadsheet: mark_whitt__25267__November 20 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.65 | 0.35 | 2.791 | 0.1539999999999999 | 9976.4 | 109.5
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
3.12 | 0.7 | 2.06 | -0.08999999999999986 | 1.5845 | -0.002999999999999892
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-11-20 00:00:00
0.01296349968667165 | 0.5581774672774882 | 18.50590000000021 | 0.06329999999968194 | 7422.7 | 107.4
3.3 | -0.5452139675908165 | 18.44260000000053 | 9866.9 | 1.5875 | 7315.3
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) |  | 2.05 | 2.07 | 3.11 | 3.13 |  |  |  |  |  |  | 2.53 | 2.55 | 2.405 | 2.425 | 2.305 | 2.325
ROM (fixed price) |  | 2.44 | 2.46 | 3.22 | 3.24 |  |  | 0.15 | 0.175 |  |  | 3.14 | 3.16 | 2.64 | 2.66 | 2.68 | 2.7
Prompt |  | 2.781 | 2.801 | 3.634949083761139 | 3.665050916238861 | -0.3758984699178359 | -0.3558984699178359 | 0.165 | 0.175 | -0.2529823649684662 | -0.2329823649684661 | 3.825 | 3.845 | 0.21 | 0.23 | 0.365 | 0.385
Dec-01-Mar-02 |  | 2.950761666656734 | 2.970761666656734 | 3.782355374368325 | 3.812463387163827 | -0.4482375754398455 | -0.4282375754398455 | 0.17 | 0.18 | -0.3425601524747681 | -0.3225601524747681 | 3.946499665083401 | 3.966499665083401 | 0.1605373422933623 | 0.1805373422933623 | 0.3155373422933622 | 0.3355373422933622
Apr-02-Oct-02 |  | 3.106102274752029 | 3.126102274752029 | 3.916111039244483 | 3.946222204631994 | -0.515 | -0.495 | 0.155 | 0.165 | -0.4751476726636316 | -0.4551476726636316 | 3.981153749545175 | 4.001153749545175 | 0.1 | 0.12 | 0.145 | 0.165
Dec-01-Oct-02 |  | 3.049619267361845 | 3.069619267361845 | 3.867473247819404 | 3.897583266900873 | -0.4907246829013025 | -0.4707246829013025 | 0.16 | 0.175 | -0.426937858278976 | -0.4069378582789759 | 3.9685532651467 | 3.988553265146699 | 0.1220118306092921 | 0.1420118306092921 | 0.2070086536493353 | 0.2270086536493353
Nov-02-Mar-03 |  | 3.559807597461607 | 3.579807597461607 | 4.710516715916063 | 4.740617714582795 | -0.44 | -0.42 | 0.155 | 0.175 | -0.1390178687273954 | -0.1190178687273954 | 5.168555653357814 | 5.188555653357813 | 0.2059821312726048 | 0.2259821312726049 | 0.3659821312726048 | 0.3859821312726048
Apr-03-Oct-03 |  | 3.46960554473231 | 3.48960554473231 | 4.566425310477804 | 4.596520986790031 | -0.445 | -0.425 | 0.155 | 0.175 | -0.3652543255344501 | -0.3452543255344501 | 4.691469440620328 | 4.711469440620328 | 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) |  | 1.815 | 1.835 | 1.6 | 1.62 | 1.95 | 1.97 | 1.915 | 1.935 |  |  | 2.03 | 2.05 | 2.025 | 2.045 | 2.61 | 2.63
ROM (fixed price) |  | 2.17 | 2.19 | 1.92 | 1.94 | 2.22 | 2.24 | 2.28 | 2.3 | -0.01 | 0.01 | 2.31 | 2.33 | 2.395 | 2.415 | 2.99 | 3.01
Prompt |  | -0.15 | -0.13 | -0.5 | -0.48 | -0.18 | -0.16 | -0.175 | -0.155 | -0.38 | -0.36 | -0.08 | -0.06 | 0.04 | 0.06 | 0.86 | 0.88
Dec-01-Mar-02 |  | -0.1747052441341416 | -0.1547052441341416 | -0.4705100486667384 | -0.4505100486667384 | -0.1725599135273419 | -0.1525599135273419 | -0.1665258143392244 | -0.1465258143392244 | -0.3505279688887232 | -0.3305279688887232 | -0.06013561057233213 | -0.04013561057233213 | 0.0844784412242861 | 0.1044784412242861 | 1.215909516127986 | 1.235909516127986
Apr-02-Oct-02 |  | -0.379914693723311 | -0.359914693723311 | -0.6075 | -0.5875 | -0.1747417034851139 | -0.1547417034851139 | 0.03019481672039667 | 0.05019481672039668 | -0.3749354258712784 | -0.3549354258712784 | -0.11 | -0.09 | 0.015 | 0.035 | 0.3827611253188107 | 0.4027611253188108
Dec-01-Oct-02 |  | -0.3052990024381959 | -0.2852990024381958 | -0.5576894287114492 | -0.5376894287114492 | -0.1739483883319181 | -0.153948388331918 | -0.04133427663248772 | -0.02133427663248771 | -0.3660606918913809 | -0.3460606918913809 | -0.09186893490965245 | -0.07186893490965246 | 0.04026288107950737 | 0.06026288107950737 | 0.6857001139850956 | 0.7057001139850956
Nov-02-Mar-03 |  | 0.03714995913035225 | 0.05714995913035226 | -0.3084489183950752 | -0.2884489183950752 | 0.04146882759884223 | 0.06146882759884223 | 0.07 | 0.09 | -0.24 | -0.22 | -0.03013990597791978 | -0.01013990597791978 | 0.1109821312726049 | 0.1309821312726049 | 1.109668548090148 | 1.129668548090148
Apr-03-Oct-03 |  | -0.285 | -0.265 | -0.475 | -0.455 | 0.04000000000000008 | 0.06000000000000009 | 0.2 | 0.22 | -0.295 | -0.275 | -0.11 | -0.09 | 0.025 | 0.045 | 0.3700563278256173 | 0.3900563278256173
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.2056648056388286 | 0.2556648056388285 | Apr-02-Oct-02 | 0.3598860053323549 | 0.4098860053323549 | Apr-02-Oct-02 | 2.931153749545175 | 5.692212213438471 | Apr-02-Oct-02 | 0.06850825872608365 | 0.1185082587260837 | Apr-02-Oct-02 | 0.1878266466866855 | 0.2378266466866855 | Apr-02-Oct-02 | 2.116102274752029 | 4.904418408880465
Dec-01-Oct-02 | 0.1505630346320041 | 0.2005630346320041 | Dec-01-Oct-02 | 0.2911880640287584 | 0.3411880640287583 | Dec-01-Oct-02 | 2.881125703737926 | 5.672609476571004 | Dec-01-Oct-02 | 0.04159516340723318 | 0.09159516340723317 | Dec-01-Oct-02 | 0.1503772912673248 | 0.2003772912673248 | Dec-01-Oct-02 | 2.059619267361845 | 4.896491717960674
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12739.83740185911 | 12292.11368154489 | Yesterday |  |  |  | 1 month | 18.50590000000021 | 0.06329999999968194
 |  |  |  |  |  |  |  | BC | 1936.993788819876 | 1755.600619195047 | Prompt | 39.44 -  43.65 | 47.16 - 50.98 | 34.11 - 38.59 | 2 month | 18.61914058363178 | 0.06994385345618781
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 39.44 -  43.65 | 47.16 - 50.98 | 34.11 - 38.59 | 3 month | 18.71960822453354 | 0.07822084904960036
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 41.28 -  53.64 | 58.66 - 68.36 | 26.96 - 41.51 | 6 month | 19.02016251657415 | 0.1121702193378269
 |  |  |  |  |  |  |  | US | 0.94 | 0.83 | Q2 2002 | 36.70 -  46.21 | 48.65 - 56.38 | 26.15 - 37.23 | Rest of Cal  01 | 18.50590000000021 | 0.06329999999968194
 |  |  |  |  |  |  |  | Canada | 0.82 | 0.82 | Q3 2002 | 38.02 -  45.25 | 49.86 - 54.85 | 28.07 - 37.19 | Cal 02 | 19.64099057060175 | 0.2019143048885361
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