Spreadsheet: drew_fossum__8994__Fixed3_103100
Sheet: Summary

ENRON TRANSPORTATION & STORAGE
FUEL HEDGING BOOK
SUMMARY
AS OF OCTOBER 31, 2000
Related | Company | Contract | Contract | Contract | Hedged | Offsetting | Hedge | Trade | Contract | [NAME]. | Spread | Contract | Fuel
Trans. | Name | Name | Number | Type |  | Counter- | Term | Date | Price | Actual/ |  | Volume | Dth/d | Gains and (Losses)
 |  |  |  |  |  | Party |  |  |  | Futures |  | (Short) |  | Total | Realized | Unrealized
 |  |  |  |  |  |  |  |  |  | Prices |  | Long |  | (3) | (3) | (3)
1 | TW | Avista |  | F |  | Engage | 06/98-05/99
1 | TW | Engage | 26125 | P | Y | Avista | 06/98-05/99
1 | TW | Sempra |  | F |  | Engage | 06/99-05/00
1 | TW | Engage | 26125 | P | Y | Sempra | 06/99-05/00
2 | TW | Avista |  | F |  | Over-rtnd | 10/98-12/99
2 | TW | Over-rtnd |  | P | Y | Avista | 10/98-12/99
2 | TW | Sempra |  | F |  | Over-rtnd | 10/98-12/99
2 | TW | Over-rtnd |  | P | Y | Sempra | 10/98-12/99
2 | TW | Sempra |  | F |  | Over-rtnd | 05/99-12/99 |  | 2.01
2 | TW | Over-rtnd |  | P | Y | Sempra | 05/99-12/99 |  | 2.01
2 | TW | RMTC |  | Financial |  | Over-rtnd | 01/00-12/00 |  | 2.365
2 | TW | Over-rtnd |  | Physical | Y | RMTC | 01/00-12/00 |  | 2.365
6 | NNG | El Paso | 25834 | P | Y | Base Gas Repurchase | 06/02-10/02 (5) |  | 2.32
6 | NNG | El Paso |  | F | Y | Base Gas Repurchase | 06/02-10/02 (5) |  | 2.32
8 | NNG | MEC | 105706 | P | N |  | 11/99-04/00
8 | NNG | MEC | 105706 | P | N |  | 11/99-04/00
9 | TW | ENA |  | Financial |  | Over-rtnd | 01/01-12/01 |  | 3.23
9 | TW | Over-rtnd |  | Physical | Y | ENA | 01/01-12/01 |  | 3.23
11 | TW | ENA |  | Financial |  | Over-rtnd | 01/01-12/01 |  | 3.74 |  | 0.1
11 | TW | Over-rtnd |  | Physical | Y | ENA | 01/01-12/01 |  | 3.74
12 | TW | ENA | NT6154.1 | Financial |  | Over-rtnd | 01/01-12/01 | 2000-08-02 00:00:00 | 3.63 |  | 0.1
12 | TW | Over-rtnd |  | Physical | Y | ENA | 01/01-12/01 |  | 3.63
13 | TW | ENA | NV5358.1 | Financial |  | Over-rtnd | 01/01-12/01 | 2000-08-16 00:00:00 | 3.585 |  | 0.1
13 | TW | Over-rtnd |  | Physical | Y | ENA | 01/01-12/01 |  | 3.585
 |  |  |  |  |  |  |  |  | FAS 133 Income Effect
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | See Note 1
Note 1:  Net income effect upon adoption of FAS 133.  The effectiveness measure of TW hedges are being developed.
OTHER TRADE
SUMMARY
Related | Company | Contract | Contract | Contract | Hedged | Counter- | Hedge | Trade | Contract | [NAME]. | Spread | Contract | Fuel
Trans. | Name | Name | Number | Type |  | Party | Term | Date | Price | Actual/ |  | Volume | Dth/d | Speculative Gains and (Losses)
 |  |  |  |  |  |  |  |  |  | Futures |  | Short(-) |  | Total | Realized | Unrealized
 |  |  |  |  |  |  |  |  |  | Prices |  | Long(+) |  | (3) | (3) | (3)
6 | NNG | El Paso | 25834 | F | N | Base Gas Repurchase | 06/02-10/02 (5) |  | Index less $.104
6 | NNG | ENA |  | Financial | N | Base Gas Repurchase | 06/02-10/02 (4) |  | 3.3 |  |  | 15000000
6 | NNG | El Paso |  | Financial | N | Base Gas Repurchase | 06/02-10/02 (4) |  | 2.32 |  |  | -15000000
14 | TW | TransCanada | PT01-08 | Financial |  | Put #1-#8 | 11/00-03/09 | 2000-09-29 00:00:00 |  |  |  | 373774472 |  | 53276588.57
14 | TW | NNG |  | Financial |  | Swap #17-#24
15 | TW | TransCanada | PT01-08 | Option |  | Put #1-#8 | 11/00-03/09 | 2000-09-29 00:00:00 |  |  |  | -373774472 |  | -23267645.64
15 | TW | NNG |  | Option |  | Swap #17-#24 |  |  |  |  |  | 373774472
16 | NNG | TransCanada | SW01-08 | Financial |  | Swap #1-#8 | 11/00-03/09 | 2000-09-29 00:00:00 |  |  |  | -373774472 |  | -18375120.12
16 | NNG | TW |  | Financial |  | Swap #17-#24 | 11/00-03/09 | 2000-09-29 00:00:00 |  |  |  |  |  | 53276588.57
18 | NNG |  |  | Reserve |  |  |  | 2000-09-30 00:00:00 |  |  |  |  |  | -34901468.45
10 | TW | ENA-Put Option |  | Financial |  | Over-rtnd | 01/01-12/01 |  | 3 |  | 0.1
18 | NNG | El Paso | 1009351 | Financial |  |  | 2000-11-27 00:00:00 | 2000-09-28 00:00:00 | 0.07 |  |  | 155000
19 | NNG | ENA | Q06763.1 | Financial |  |  | 2000-11-27 00:00:00 | 2000-09-21 00:00:00 | 0.05 |  |  | -155000
20 | NNG | ENA | Q60886.1 | Financial |  |  | 2000-11-27 00:00:00 | 2000-10-16 00:00:00 | 0.775 |  |  | -500000 |  | -17500 | -17500
 |  |  |  |  |  |  |  |  | Currently call option is out of the money $120,000
17 | NNG | TW |  | Option Payment |  | Swap #17-#24 | 2000-12-27 00:00:00 | 2000-09-30 00:00:00 |  |  |  |  |  | -23267645.64
(3)Gain and [NAME] are a measurement of the effectiveness of meeting the stated hedge objective.
(4)Margin call:  $   1,000,000-NNG
$20,000,000-El Paso