Spreadsheet: paul_lucci__28461__October 17 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.305 | 0.3049999999999993 | 2.592 | 0.214 | 9384.2 | 36.57999999999993
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
3.175 | 0.32 | 2.5 | 0.22 | 1.5619 | 0.004000000000000004
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-10-17 00:00:00
-0.358121257094886 | -0.01051651125721609 | 28.06750000000022 | 5.444599999997717 | 7026.89 | 71.26000000000022
3 | -0.3476047458376699 | 22.6229000000025 | 9347.62 | 1.5579 | 6955.63
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) |  | 2.49 | 2.51 | 3.165 | 3.185 |  |  |  |  |  |  | 3.115 | 3.135 | 2.635 | 2.655 | 2.675 | 2.695
ROM (fixed price) |  | 2.49 | 2.51 | 3.21 | 3.23 |  |  | 0.005 | 0.03 |  |  | 3.249000000000001 | 3.269 | 2.6 | 2.62 | 2.62 | 2.64
Prompt |  | 2.582 | 2.602 | 3.290176565150959 | 3.319823434849041 | -0.3724222849444405 | -0.3524222849444404 | 0.15 | 0.16 | -0.2847233127939945 | -0.2647233127939945 | 3.425 | 3.445 | 0.145 | 0.165 | 0.3 | 0.32
Nov-01-Mar-02 |  | 2.888009582824716 | 2.908009582824715 | 3.661622575646869 | 3.691297439363336 | -0.4301818545275455 | -0.4101818545275455 | 0.138 | 0.158 | -0.2977319468874582 | -0.2777319468874582 | 3.863055483171195 | 3.883055483171195 | 0.149217530323563 | 0.169217530323563 | 0.304217530323563 | 0.324217530323563
Apr-02-Oct-02 |  | 2.975066937319458 | 2.995066937319457 | 3.672340315025422 | 3.702075058319551 | -0.515 | -0.495 | 0.1375 | 0.1575 | -0.4376493872815206 | -0.4176493872815206 | 3.792255061373655 | 3.812255061373655 | 0.1075 | 0.1275 | 0.1525 | 0.1725
Nov-01-Oct-02 |  | 2.938794391131013 | 2.958794391131013 | 3.667873127209161 | 3.697582921608862 | -0.4796604228083499 | -0.4596604228083499 | 0.1377083255711075 | 0.1577083255711075 | -0.3793526259255452 | -0.3593526259255452 | 3.821754137984899 | 3.841754137984899 | 0.1248816566596985 | 0.1448816566596985 | 0.2157132823033407 | 0.2357132823033408
Nov-02-Mar-03 |  | 3.413177493738086 | 3.433177493738085 | 4.454208104641285 | 4.483970510071367 | -0.43 | -0.41 | 0.13 | 0.15 | -0.1351009077135834 | -0.1151009077135834 | 4.897944282192531 | 4.91794428219253 | 0.2098990922864168 | 0.2298990922864168 | 0.3698990922864168 | 0.3898990922864168
Apr-03-Oct-03 |  | 3.303050986345494 | 3.323050986345493 | 4.261807089113992 | 4.291578176736528 | -0.45 | -0.43 | 0.13 | 0.15 | -0.3693848732086946 | -0.3493848732086945 | 4.386693269113961 | 4.40669326911396 | 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) |  | 2.155 | 2.175 | 1.845 | 1.865 | 2.27 | 2.29 | 2.395 | 2.415 | 2.11 | 2.13 | 2.38 | 2.4 | 2.5 | 2.52 | 2.84 | 2.86
ROM (fixed price) |  | 2.23 | 2.25 | 2.07 | 2.09 | 2.31 | 2.33 | 2.43 | 2.45 | 2.195 | 2.215 | 2.38 | 2.4 | 2.505 | 2.525 | 2.805 | 2.825
Prompt |  | -0.09 | -0.07 | -0.35 | -0.33 | -0.095 | -0.075 | 0.015 | 0.035 | -0.27 | -0.25 | -0.02 | 0 | 0.04 | 0.06 | 0.47 | 0.49
Nov-01-Mar-02 |  | 0.02037897893015461 | 0.04037897893015461 | -0.3252164386959527 | -0.3052164386959527 | 0.008910683082247227 | 0.02891068308224723 | 0.04448475266145322 | 0.06448475266145322 | -0.2561202477803105 | -0.2361202477803105 | -0.01003327267916983 | 0.009966727320830175 | 0.09458351997731135 | 0.1145835199773113 | 1.183052408651371 | 1.203052408651371
Apr-02-Oct-02 |  | -0.325 | -0.305 | -0.535 | -0.515 | -0.09416417545623733 | -0.07416417545623734 | 0.101460759185239 | 0.121460759185239 | -0.3356708634173661 | -0.3156708634173661 | -0.09 | -0.07 | 0.0175 | 0.0375 | 0.3729844335980961 | 0.3929844335980962
Nov-01-Oct-02 |  | -0.1810974539317251 | -0.1610974539317251 | -0.4475934395647531 | -0.4275934395647531 | -0.05121791791253548 | -0.03121791791253548 | 0.0777216409882584 | 0.09772164098825839 | -0.3025260085482861 | -0.2825260085482861 | -0.05668177172258632 | -0.03668177172258632 | 0.04961693664449409 | 0.06961693664449409 | 0.710500180675778 | 0.730500180675778
Nov-02-Mar-03 |  | 0.08629669433830578 | 0.1062966943383058 | -0.275 | -0.255 | 0.075 | 0.095 | 0.111085584761725 | 0.131085584761725 | -0.21 | -0.19 | 0.004859990110049877 | 0.02485999011004988 | 0.1148990922864168 | 0.1348990922864167 | 1.120577267144943 | 1.140577267144943
Apr-03-Oct-03 |  | -0.275 | -0.255 | -0.45 | -0.43 | 0.025 | 0.045 | 0.21 | 0.23 | -0.305 | -0.285 | -0.09 | -0.07 | 0.025 | 0.045 | 0.3700582608456514 | 0.3900582608456514
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1627586267115878 | 0.2127586267115879 | Apr-02-Oct-02 | 0.3082802685256125 | 0.3582802685256125 | Apr-02-Oct-02 | 2.687255061373655 | 5.454767656977904 | Apr-02-Oct-02 | 0.04965033540651383 | 0.09965033540651383 | Apr-02-Oct-02 | 0.1597021487293706 | 0.2097021487293707 | Apr-02-Oct-02 | 1.985066937319457 | 4.753847721669073
Nov-01-Oct-02 | 0.1170790199032455 | 0.1670790199032455 | Nov-01-Oct-02 | 0.2564206366359629 | 0.3064206366359629 | Nov-01-Oct-02 | 2.67282532537281 | 5.50890885225029 | Nov-01-Oct-02 | 0.02880988047799227 | 0.07880988047799227 | Nov-01-Oct-02 | 0.1306795989425168 | 0.1806795989425168 | Nov-01-Oct-02 | 1.948794391131013 | 4.764577875432482
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12743.96684321512 | 12294.42679253707 | Yesterday | 49.46 |  |  | 1 month | 28.06750000000022 | 5.444599999997717
 |  |  |  |  |  |  |  | BC | 1955.097222222222 | 1741.737024221454 | Prompt | 34.85 -  33.30 | 40.56 - 40.50 | 29.85 - 26.84 | 2 month | 27.92386749585441 | 5.245034884960635
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 37.39 -  37.04 | 43.71 - 44.15 | 32.49 - 31.24 | 3 month | 27.75939210941051 | 5.04100426029779
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 38.13 -  40.81 | 48.62 - 51.02 | 29.49 - 32.39 | 6 month | 27.25377263937004 | 4.490041118497441
 |  |  |  |  |  |  |  | US | 0.9 | 0.77 | Q2 2002 | 34.31 -  39.19 | 42.91 - 48.73 | 26.72 - 30.78 | Rest of Cal  01 | 27.92386749585441 | 5.245034884960635
 |  |  |  |  |  |  |  | Canada | 0.803 | 0.779 | Q3 2002 | 36.81 -  40.61 | 46.80 - 50.69 | 28.42 - 32.15 | Cal 02 | 25.65561410915289 | 3.120278221181604
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
 |  |  | 2001-10-05 00:00:00 | 65 | 62 | 2001-09-07 00:00:00 | 18.14100000000002 | 11.34800000000001
 |  |  | 2001-09-28 00:00:00 | 66 | 78 | 2001-08-31 00:00:00 | 9.613 | 12.335