Spreadsheet: mark_whitt__25234__October 29 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.955 | 0.08499999999999952 | 3.040999999999999 | 0.1029999999999993 | 9545.1 | 82.20000000000073
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
3.88 | -0.05000000000000027 | 3.055 | 0.06499999999999995 | 1.5752 | -0.001600000000000046
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-10-29 00:00:00
-0.4597474766053602 | -0.1056252968865126 | 22.23630000000076 | 0.0132999999991803 | 7004.92 | 61.22000000000025
3.87 | -0.3541221797188476 | 22.22300000000158 | 9462.9 | 1.5768 | 6943.7
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) |  | 3.045 | 3.065 | 3.87 | 3.89 |  |  |  |  |  |  | 3.79 | 3.81 | 3.22 | 3.24 | 3.275 | 3.295
ROM (fixed price) |  | 3.09 | 3.11 | 3.81 | 3.83 |  |  | 0.005 | 0.025 |  |  | 3.952 | 3.972 | 3.2 | 3.22 | 3.22 | 3.24
Prompt |  | 3.031 | 3.050999999999999 | 3.940049624400615 | 3.969950375599384 | -0.405581512879948 | -0.385581512879948 | 0.16 | 0.17 | -0.5794901871280425 | -0.5594901871280424 | 3.685 | 3.705 | 0.185 | 0.205 | 0.34 | 0.36
Nov-01-Mar-02 |  | 3.205848117480911 | 3.225848117480911 | 4.125412312324884 | 4.155324603278381 | -0.4575088657409503 | -0.4375088657409503 | 0.1516097082591459 | 0.171609708259146 | -0.378152546787812 | -0.3581525467878119 | 4.249094754154671 | 4.26909475415467 | 0.1831612206753858 | 0.2031612206753858 | 0.3381612206753858 | 0.3581612206753858
Apr-02-Oct-02 |  | 3.221673282198831 | 3.24167328219883 | 4.08019390854315 | 4.11012190860961 | -0.505 | -0.485 | 0.13 | 0.15 | -0.4381729481468446 | -0.4181729481468446 | 4.185164598868661 | 4.20516459886866 | 0.13 | 0.15 | 0.175 | 0.195
Nov-01-Oct-02 |  | 3.215082865234077 | 3.235082865234076 | 4.099031234721973 | 4.128952692701421 | -0.4852222357570885 | -0.4652222357570885 | 0.1389994000348823 | 0.1589994000348823 | -0.4131773491500134 | -0.3931773491500133 | 4.21178842158813 | 4.23178842158813 | 0.1521390814472457 | 0.1721390814472457 | 0.2429487699430667 | 0.2629487699430667
Nov-02-Mar-03 |  | 3.610843423319955 | 3.630843423319954 | 4.79011204802045 | 4.820042359594717 | -0.42 | -0.4 | 0.13 | 0.15 | -0.1200957777273954 | -0.1000957777273954 | 5.243887581816161 | 5.26388758181616 | 0.2249042222726048 | 0.2449042222726048 | 0.3849042222726046 | 0.4049042222726046
Apr-03-Oct-03 |  | 3.481493475121842 | 3.501493475121842 | 4.574961233950286 | 4.604897245731027 | -0.435 | -0.415 | 0.13 | 0.15 | -0.3548289999406823 | -0.3348289999406823 | 4.699930493329586 | 4.719930493329586 | 0.13 | 0.15 | 0.165 | 0.185
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) |  | 2.6 | 2.62 | 2.435 | 2.455 | 2.645 | 2.665 | 2.83 | 2.85 | 2.56 | 2.58 | 2.97 | 2.99 | 3.12 | 3.14 | 3.55 | 3.57
ROM (fixed price) |  | 2.68 | 2.7 | 2.61 | 2.63 | 2.74 | 2.76 | 2.84 | 2.86 | -0.01 | 0.01 | 2.98 | 3 | 3.125 | 3.145 | 3.52 | 3.54
Prompt |  | -0.23 | -0.21 | -0.46 | -0.44 | -0.18 | -0.16 | -0.17 | -0.15 | -0.375 | -0.355 | 0.01 | 0.03 | 0.09 | 0.11 | 0.5 | 0.52
Nov-01-Mar-02 |  | -0.05564653259854082 | -0.03564653259854082 | -0.3581589643699449 | -0.3381589643699449 | -0.06666958137449797 | -0.04666958137449797 | -0.02588855715010865 | -0.005888557150108652 | -0.2952243894966646 | -0.2752243894966646 | 0.01996666616508031 | 0.03996666616508031 | 0.139794368080897 | 0.159794368080897 | 1.438648839072043 | 1.458648839072043
Apr-02-Oct-02 |  | -0.3299707056535389 | -0.3099707056535388 | -0.53 | -0.51 | -0.06555272792448617 | -0.04555272792448618 | 0.1250678407414359 | 0.1450678407414359 | -0.3192266185123442 | -0.2992266185123442 | -0.09 | -0.07 | 0.03 | 0.05 | 0.4001838388445196 | 0.4201838388445197
Nov-01-Oct-02 |  | -0.2157279337033284 | -0.1957279337033284 | -0.4584365062453446 | -0.4384365062453446 | -0.06601784345758184 | -0.04601784345758184 | 0.06220179016086439 | 0.08220179016086439 | -0.3092308491085838 | -0.2892308491085838 | -0.04420419343685211 | -0.0242041934368521 | 0.07572405273074005 | 0.09572405273074004 | 0.8326543677012063 | 0.8526543677012063
Nov-02-Mar-03 |  | 0.07711826220268041 | 0.0971182622026804 | -0.28 | -0.26 | 0.08416243340011557 | 0.1041624334001156 | 0.125 | 0.145 | -0.205 | -0.185 | 0.01986061813346447 | 0.03986061813346448 | 0.1299042222726047 | 0.1499042222726047 | 1.210210030824139 | 1.230210030824139
Apr-03-Oct-03 |  | -0.26 | -0.24 | -0.43 | -0.41 | 0.025 | 0.045 | 0.22 | 0.24 | -0.28 | -0.26 | -0.09 | -0.07 | 0.03 | 0.05 | 0.3700623342499315 | 0.3900623342499315
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1987707422012706 | 0.2487707422012706 | Apr-02-Oct-02 | 0.3415338686522242 | 0.3915338686522242 | Apr-02-Oct-02 | 3.095164598868663 | 5.785832657651261 | Apr-02-Oct-02 | 0.06224703143885908 | 0.1122470314388591 | Apr-02-Oct-02 | 0.1704010043505698 | 0.2204010043505698 | Apr-02-Oct-02 | 2.23167328219883 | 4.935948078257403
Nov-01-Oct-02 | 0.1474257740335161 | 0.1974257740335161 | Nov-01-Oct-02 | 0.2922980861962227 | 0.3422980861962227 | Nov-01-Oct-02 | 3.071639096192547 | 5.8604033360036 | Nov-01-Oct-02 | 0.04480365134730698 | 0.09480365134730698 | Nov-01-Oct-02 | 0.143105437935173 | 0.193105437935173 | Nov-01-Oct-02 | 2.225082865234076 | 4.938538035298598
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  | Market sentiment continues to be strong despite above normal weather forecasts. Expect this to be short lived. There seems to be a tremendous opportunity for Producers to buy puts or lock in prices for Jan 02-Oct 02. Even if over 2 Tcf comes out of storag |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12739.24516728543 | 12290.68968088066 | Yesterday |  |  |  | 1 month | 22.23630000000076 | 0.0132999999991803
 |  |  |  |  |  |  |  | BC | 1957.433333333333 | 1744.754152823921 | Prompt | 43.69 -  47.72 | 53.59 - 57.31 | 35.03 - 39.33 | 2 month | 22.27476259557432 | 0.01499873053610656
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 44.59 -  48.88 | 53.94 - 57.84 | 37.33 - 41.92 | 3 month | 22.28880874023346 | 0.01447139950424159
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 41.84 -  54.29 | 55.61 - 65.99 | 30.48 - 44.65 | 6 month | 22.28944221456026 | 0.02395451226122347
 |  |  |  |  |  |  |  | US | 0.93 | 0.8 | Q2 2002 | 39.05 -  49.09 | 51.00 - 61.00 | 28.51 - 38.58 | Rest of Cal  01 | 22.23630000000076 | 0.0132999999991803
 |  |  |  |  |  |  |  | Canada | 0.813 | 0.798 | Q3 2002 | 39.43 -  47.04 | 49.85 - 57.04 | 30.68 - 38.65 | Cal 02 | 22.1478521446466 | 0.05336737692709548
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
 |  |  | 2001-10-19 00:00:00 | 25 | 71 | 2001-10-19 00:00:00 | 2.380999999999972 | 3.194999999999993
 |  |  | 2001-10-12 00:00:00 | 63 | 29 | 2001-10-12 00:00:00 | 3.180000000000007 | 7.64700000000002