Spreadsheet: mark_whitt__25250__November 15 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.42 | -0.175 | 2.676 | -0.1219999999999999 | 9823.6 | 72.64999999999964
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
2.85 | -0.25 | 2.28 | -0.15 | 1.5916 | -0.006500000000000172
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-11-15 00:00:00
-0.3915333557763441 | -0.01280766317542148 | 20.05619999999885 | -1.866900000001834 | 7349.4 | 24.89999999999964
3.595 | -0.3787256926009226 | 21.92310000000068 | 9750.95 | 1.5981 | 7324.5
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) |  | 2.27 | 2.29 | 2.84 | 2.86 |  |  |  |  |  |  | 2.87 | 2.89 | 2.45 | 2.47 | 2.49 | 2.51
ROM (fixed price) |  | 2.27 | 2.29 | 2.85 | 2.87 |  |  | 0.165 | 0.1775 |  |  | 2.74 | 2.76 | 2.47 | 2.49 | 2.51 | 2.53
Prompt |  | 2.666 | 2.686 | 3.404908391108112 | 3.435091608891888 | -0.4198400269316132 | -0.3998400269316132 | 0.1675 | 0.18 | -0.2078016668784304 | -0.1878016668784304 | 3.73 | 3.75 | 0.19 | 0.21 | 0.345 | 0.365
Dec-01-Mar-02 |  | 2.841894503233419 | 2.861894503233418 | 3.579630111124313 | 3.609820940227823 | -0.4805584270683722 | -0.4605584270683721 | 0.17 | 0.18 | -0.3521989820396889 | -0.3321989820396889 | 3.778489341807625 | 3.798489341807624 | 0.1602657490965753 | 0.1802657490965754 | 0.3152657490965753 | 0.3352657490965754
Apr-02-Oct-02 |  | 3.020835086707719 | 3.040835086707718 | 3.797129305437553 | 3.827315141746932 | -0.515 | -0.495 | 0.155 | 0.165 | -0.475246251122632 | -0.455246251122632 | 3.862182020478576 | 3.882182020478575 | 0.115 | 0.135 | 0.16 | 0.18
Dec-01-Oct-02 |  | 2.95579700433884 | 2.975797004338839 | 3.718084983243564 | 3.748272634243325 | -0.5024818008651308 | -0.4824818008651309 | 0.16 | 0.175 | -0.4305232583475948 | -0.4105232583475947 | 3.831762921449231 | 3.851762921449231 | 0.131452374643424 | 0.151452374643424 | 0.2164331823599932 | 0.2364331823599932
Nov-02-Mar-03 |  | 3.517718338793017 | 3.537718338793016 | 4.638020170430123 | 4.668159511720523 | -0.45 | -0.43 | 0.155 | 0.175 | -0.1390149435936451 | -0.1190149435936451 | 5.111689536487677 | 5.131689536487676 | 0.2059850564063549 | 0.2259850564063549 | 0.3659850564063549 | 0.3859850564063549
Apr-03-Oct-03 |  | 3.464348379474703 | 3.484348379474702 | 4.555151679668942 | 4.585274873878864 | -0.4500000000000006 | -0.4300000000000006 | 0.155 | 0.175 | -0.3703271737565705 | -0.3503271737565705 | 4.680206576291485 | 4.700206576291484 | 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) |  | 2.045 | 2.065 | 1.875 | 1.895 | 2.09 | 2.11 | 2.17 | 2.19 | 1.93 | 1.95 | 2.135 | 2.155 | 2.24 | 2.26 | 2.64 | 2.66
ROM (fixed price) |  | 1.99 | 2.01 | 1.61 | 1.63 | 2.03 | 2.05 | 2.1 | 2.12 | -0.01 | 0.01 | 2.12 | 2.14 | 2.245 | 2.265 | 2.81 | 2.83
Prompt |  | -0.165 | -0.145 | -0.585 | -0.565 | -0.22 | -0.2 | -0.205 | -0.185 | -0.45 | -0.43 | -0.07 | -0.05 | 0.05 | 0.07 | 0.965 | 0.985
Dec-01-Mar-02 |  | -0.2047062227656721 | -0.1847062227656721 | -0.504766959347033 | -0.484766959347033 | -0.2199750797233712 | -0.1999750797233712 | -0.1852487365477538 | -0.1652487365477538 | -0.3846506983164978 | -0.3646506983164978 | -0.05013515075354124 | -0.03013515075354124 | 0.09447948380204814 | 0.1144794838020481 | 1.338936025456859 | 1.358936025456859
Apr-02-Oct-02 |  | -0.3899101878485622 | -0.3699101878485622 | -0.6 | -0.58 | -0.1632902350666905 | -0.1432902350666905 | 0.04164985843336751 | 0.06164985843336752 | -0.3699290070008707 | -0.3499290070008707 | -0.1 | -0.08 | 0.0175 | 0.0375 | 0.3902733307675697 | 0.4102733307675697
Dec-01-Oct-02 |  | -0.3225956049728784 | -0.3025956049728784 | -0.565386419212632 | -0.545386419212632 | -0.1838930157454391 | -0.1638930157454391 | -0.04081913335844991 | -0.02081913335844991 | -0.375279780725896 | -0.3552797807258959 | -0.0818760277314693 | -0.06187602773146931 | 0.04547910854554944 | 0.06547910854554943 | 0.7350760651698863 | 0.7550760651698863
Nov-02-Mar-03 |  | 0.04212151074038181 | 0.06212151074038181 | -0.3084016659613235 | -0.2884016659613235 | 0.05147056033922776 | 0.07147056033922776 | 0.075 | 0.095 | -0.23 | -0.21 | -0.03013933680455327 | -0.01013933680455327 | 0.1109850564063549 | 0.1309850564063549 | 1.129707106914391 | 1.149707106914391
Apr-03-Oct-03 |  | -0.285 | -0.265 | -0.465 | -0.445 | 0.04000000000000006 | 0.06000000000000006 | 0.22 | 0.24 | -0.29 | -0.27 | -0.1 | -0.0800000000000001 | 0.025 | 0.045 | 0.3700613960728052 | 0.3900613960728053
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1693130197454404 | 0.2193130197454404 | Apr-02-Oct-02 | 0.3142365525355065 | 0.3642365525355065 | Apr-02-Oct-02 | 2.812182020478576 | 5.563864111512556 | Apr-02-Oct-02 | 0.04824001189032721 | 0.09824001189032722 | Apr-02-Oct-02 | 0.1566541474579323 | 0.2066541474579323 | Apr-02-Oct-02 | 2.030835086707719 | 4.800130931902103
Dec-01-Oct-02 | 0.119962865094051 | 0.1699628650940511 | Dec-01-Oct-02 | 0.2517243567131289 | 0.3017243567131289 | Dec-01-Oct-02 | 2.74435337491907 | 5.53542879446252 | Dec-01-Oct-02 | 0.02560444751005068 | 0.07560444751005069 | Dec-01-Oct-02 | 0.1249412495681937 | 0.1749412495681937 | Dec-01-Oct-02 | 1.965797004338839 | 4.795468078956614
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12739.42718714579 | 12291.28049624053 | Yesterday | 26.23 |  |  | 1 month | 20.05619999999885 | -1.866900000001834
 |  |  |  |  |  |  |  | BC | 1936.350157728707 | 1753.17924528302 | Prompt | 38.39 -  42.54 | 45.90 - 49.67 | 33.19 - 37.61 | 2 month | 20.11459471589858 | -1.831933443422418
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 38.39 -  42.54 | 45.90 - 49.67 | 33.19 - 37.61 | 3 month | 20.15245237376185 | -1.79726583181116
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 39.16 -  50.99 | 55.65 - 64.96 | 25.57 - 39.48 | 6 month | 20.22902115407197 | -1.67725200881392
 |  |  |  |  |  |  |  | US | 0.94 | 0.83 | Q2 2002 | 35.40 -  44.65 | 46.93 - 54.46 | 25.22 - 35.98 | Rest of Cal  01 | 20.05619999999885 | -1.866900000001834
 |  |  |  |  |  |  |  | Canada | 0.82 | 0.81 | Q3 2002 | 36.94 -  44.03 | 48.45 - 53.36 | 27.26 - 36.19 | Cal 02 | 20.35681232149796 | -1.424223736842126
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 | 2000-11-02 00:00:00 | -3.846000000000004 | 0.9729933981684553
 |  |  | 2001-10-25 00:00:00 | 23 | 70 | 2000-10-26 00:00:00 | 1 | 4.7