Spreadsheet: mark_whitt__25291__November 27 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.67 | -0.04499999999999904 | 2.696 | -0.117 | 9982.7 | 23
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
3.285 | 0.165 | 1.82 | -0.63 | 1.6 | 0.001900000000000013
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-11-27 00:00:00
0.3481435831301443 | 0.7424879441224126 | 18.92950000000067 | -0.3066999999973525 | 7466.4 | 33.89999999999964
3.715 | -0.3943443609922683 | 19.23619999999802 | 9959.7 | 1.5981 | 7432.5
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) |  | 1.81 | 1.83 | 3.275 | 3.295 |  |  |  |  |  |  | 3.075 | 3.095 | 2.075 | 2.095 | 2.07 | 2.09
ROM (fixed price) |  | 2.19 | 2.21 | 3.19 | 3.21 |  |  | 0.1 | 0.15 |  |  | 3.14 | 3.16 | 2.39 | 2.41 | 2.43 | 2.45
Prompt |  | 2.686 | 2.706 | 3.654848789418008 | 3.685151210581993 | -0.2837513089535374 | -0.2637513089535374 | 0.165 | 0.175 | -0.1731990866782562 | -0.1531990866782562 | 3.8275 | 3.8475 | 0.21 | 0.23 | 0.365 | 0.385
Dec-01-Mar-02 |  | 2.876257449711214 | 2.896257449711214 | 3.773212426267142 | 3.80351925532492 | -0.3962493930624096 | -0.3762493930624096 | 0.17 | 0.18 | -0.294232354169762 | -0.274232354169762 | 3.932957342727308 | 3.952957342727307 | 0.1605373406240189 | 0.1805373406240189 | 0.3155373406240188 | 0.3355373406240189
Apr-02-Oct-02 |  | 2.965070129450274 | 2.985070129450274 | 3.75782555845689 | 3.788129746341204 | -0.495 | -0.475 | 0.155 | 0.165 | -0.455401509923178 | -0.435401509923178 | 3.822956427547238 | 3.842956427547238 | 0.1 | 0.12 | 0.145 | 0.165
Dec-01-Oct-02 |  | 2.932766034483605 | 2.952766034483604 | 3.763421965023459 | 3.793727113589498 | -0.459081153795822 | -0.439081153795822 | 0.16 | 0.175 | -0.3967789829545815 | -0.3767789829545815 | 3.862967381172757 | 3.882967381172757 | 0.1220194234234763 | 0.1420194234234763 | 0.2070300441678797 | 0.2270300441678797
Nov-02-Mar-03 |  | 3.370974740113192 | 3.390974740113192 | 4.451087147189664 | 4.481356615923819 | -0.44 | -0.42 | 0.155 | 0.175 | -0.1390239586242007 | -0.1190239586242007 | 4.911721535870373 | 4.931721535870373 | 0.2059760413757991 | 0.2259760413757991 | 0.3659760413757991 | 0.3859760413757991
Apr-03-Oct-03 |  | 3.237294891666129 | 3.257294891666128 | 4.234100514165351 | 4.264319321805884 | -0.445 | -0.425 | 0.155 | 0.175 | -0.3655792418825547 | -0.3455792418825547 | 4.359177004296323 | 4.379177004296323 | 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) |  | 2.17 | 2.19 | 1.87 | 1.89 | 2.285 | 2.305 | 2.16 | 2.18 | 2.04 | 2.06 | 2.055 | 2.075 | 1.92 | 1.94 | 2.055 | 2.075
ROM (fixed price) |  | 2.24 | 2.26 | 2.09 | 2.11 | 2.39 | 2.41 | 2.49 | 2.51 | -0.01 | 0.01 | 2.06 | 2.08 | 2.135 | 2.155 | 2.54 | 2.56
Prompt |  | -0.01 | 0.01 | -0.35 | -0.33 | -0.025 | -0.005 | -0.025 | -0.005 | -0.22 | -0.2 | -0.07 | -0.05 | 0.04 | 0.06 | 0.765 | 0.785
Dec-01-Mar-02 |  | -0.08925305046108767 | -0.06925305046108768 | -0.3901792181047658 | -0.3701792181047658 | -0.07340116491410127 | -0.05340116491410127 | -0.05471989947111288 | -0.03471989947111288 | -0.2635479250508726 | -0.2435479250508726 | -0.05013555800881494 | -0.03013555800881493 | 0.08447863887071777 | 0.1044786388707178 | 1.140737999025566 | 1.160737999025566
Apr-02-Oct-02 |  | -0.3599221815680837 | -0.3399221815680837 | -0.565 | -0.545 | -0.1555544107103431 | -0.135554410710343 | 0.04876177044660831 | 0.0687617704466083 | -0.334942065248129 | -0.314942065248129 | -0.105 | -0.085 | 0.015 | 0.035 | 0.3802795755725348 | 0.4002795755725348
Dec-01-Oct-02 |  | -0.261470909277727 | -0.241470909277727 | -0.5014119272486337 | -0.4814119272486337 | -0.1256725710696595 | -0.1056725710696595 | 0.01112208090955843 | 0.03112208090955843 | -0.3089736664589909 | -0.2889736664589909 | -0.08504399653761245 | -0.06504399653761246 | 0.04027166790630599 | 0.06027166790630599 | 0.6568833353240457 | 0.6768833353240458
Nov-02-Mar-03 |  | 0.06721892663020608 | 0.08721892663020607 | -0.297444234617653 | -0.2774442346176529 | 0.04146603470262186 | 0.06146603470262187 | 0.108118541535354 | 0.128118541535354 | -0.225 | -0.205 | -0.01014090017030416 | 0.009859099829695838 | 0.1109760413757992 | 0.1309760413757992 | 1.099597384301392 | 1.119597384301392
Apr-03-Oct-03 |  | -0.275 | -0.255 | -0.47 | -0.45 | 0.04 | 0.06 | 0.21 | 0.23 | -0.285 | -0.265 | -0.105 | -0.085 | 0.025 | 0.045 | 0.3700467375486893 | 0.3900467375486893
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1951838113577549 | 0.2451838113577549 | Apr-02-Oct-02 | 0.3513356070780414 | 0.4013356070780414 | Apr-02-Oct-02 | 2.772956427547239 | 5.571454866859732 | Apr-02-Oct-02 | 0.06180222168934257 | 0.1118022216893426 | Apr-02-Oct-02 | 0.1823935027900698 | 0.2323935027900698 | Apr-02-Oct-02 | 1.975070129450274 | 4.803756973690425
Dec-01-Oct-02 | 0.1485875290560103 | 0.1985875290560103 | Dec-01-Oct-02 | 0.2828331314698855 | 0.3328331314698855 | Dec-01-Oct-02 | 2.775526379030271 | 5.539545640757741 | Dec-01-Oct-02 | 0.03812152620168558 | 0.08812152620168559 | Dec-01-Oct-02 | 0.1461791625918562 | 0.1961791625918562 | Dec-01-Oct-02 | 1.942766034483605 | 4.798585083739298
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12736.94016630363 | 12292.64932522823 | Yesterday | 19.32 |  |  | 1 month | 18.92950000000067 | -0.3066999999973525
 |  |  |  |  |  |  |  | BC | 1937.677811550152 | 1760.469696969698 | Prompt | 39.47 -  43.68 | 47.20 - 51.02 | 34.13 - 38.62 | 2 month | 18.9990514528327 | -0.3019614345672537
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 39.47 -  43.68 | 47.20 - 51.02 | 34.13 - 38.62 | 3 month | 19.07370548890154 | -0.2967158222547965
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 41.08 -  53.38 | 58.37 - 68.03 | 26.82 - 41.30 | 6 month | 19.27492858147783 | -0.2861032662868759
 |  |  |  |  |  |  |  | US | 0.95 | 0.8 | Q2 2002 | 35.32 -  44.55 | 46.83 - 54.34 | 25.16 - 35.90 | Cal 02 | 19.59001601958645 | -0.2749929725080626
 |  |  |  |  |  |  |  | Canada | 0.827 | 0.797 | Q3 2002 | 36.45 -  43.48 | 47.82 - 52.69 | 26.90 - 35.73
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
 |  |  | 2001-11-16 00:00:00 | 15 | -94 | 2000-11-16 00:00:00 | 4.982946830410924 | -11.83133264712143
 |  |  | 2001-11-09 00:00:00 | 17 | -6 | 2000-11-09 00:00:00 | 5.938000000000045 | -1.916660751047004