Spreadsheet: paul_lucci__28445__October 11 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.07 | 0.195 | 2.48 | 0.09200000000000008 | 9240.8 | 188.34
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
2.613 | 0.1229999999999998 | 2.225 | 0.03500000000000014 | 1.5679 | 0.004199999999999982
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-10-11 00:00:00
-0.4673342114191938 | 0.04551625635006928 | 23.00620000000134 | 0.06670000000200105 | 6952.27 | 82.97000000000025
2.875 | -0.5128504677692631 | 22.93949999999933 | 9052.46 | 1.5637 | 6869.3
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) |  | 2.215 | 2.235 | 2.603 | 2.623 |  |  |  |  |  |  | 2.625 | 2.645 | 2.35 | 2.37 | 2.37 | 2.39
ROM (fixed price) |  | 2.29 | 2.31 | 2.77 | 2.79 |  |  | 0.005 | 0.03 |  |  | 2.813 | 2.833 | 2.39 | 2.41 | 2.41 | 2.43
Prompt |  | 2.47 | 2.49 | 3.055133692554204 | 3.084866307445797 | -0.4249276804657193 | -0.4049276804657193 | 0.15 | 0.16 | -0.3442082412656824 | -0.3242082412656824 | 3.18 | 3.2 | 0.16 | 0.18 | 0.315 | 0.335
Nov-01-Mar-02 |  | 2.825646652040209 | 2.845646652040208 | 3.539946870669075 | 3.569706891773659 | -0.4566517862578481 | -0.4366517862578481 | 0.138 | 0.158 | -0.3065465911456532 | -0.2865465911456532 | 3.768271646414474 | 3.788271646414474 | 0.1602107145669049 | 0.1802107145669049 | 0.3152107145669049 | 0.3352107145669049
Apr-02-Oct-02 |  | 2.904650119595426 | 2.924650119595426 | 3.577538512742202 | 3.607355680532858 | -0.515 | -0.495 | 0.1375 | 0.1575 | -0.4479245351008341 | -0.4279245351008341 | 3.682485383066385 | 3.702485383066385 | 0.115 | 0.135 | 0.16 | 0.18
Nov-01-Oct-02 |  | 2.871734070790469 | 2.891734070790469 | 3.561861965382747 | 3.591655323546231 | -0.4906897676690412 | -0.4706897676690412 | 0.1377083202789925 | 0.1577083202789925 | -0.3890207496445741 | -0.369020749644574 | 3.718227419695182 | 3.738227419695181 | 0.1338366173440563 | 0.1538366173440563 | 0.2246670787224075 | 0.2446670787224075
Nov-02-Mar-03 |  | 3.348955454334424 | 3.368955454334424 | 4.355512960020817 | 4.385355916024501 | -0.44 | -0.42 | 0.13 | 0.15 | -0.1351003329620009 | -0.1151003329620009 | 4.815399710175428 | 4.835399710175428 | 0.2098996670379991 | 0.2298996670379991 | 0.3698996670379989 | 0.3898996670379989
Apr-03-Oct-03 |  | 3.211783758489214 | 3.231783758489214 | 4.108046003978184 | 4.13790333554579 | -0.4700000000000006 | -0.4500000000000006 | 0.13 | 0.15 | -0.4030147770005549 | -0.3830147770005549 | 4.212979172785575 | 4.232979172785575 | 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 | -0.015 | 0.015 | -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) |  | 1.835 | 1.855 | 1.725 | 1.745 | 1.87 | 1.9 | 2.01 | 2.03 | 1.84 | 1.86 | 2.06 | 2.08 | 2.23 | 2.25 | 2.495 | 2.515
ROM (fixed price) |  | 1.93 | 1.95 | 1.81 | 1.83 | 1.985 | 2.015 | 2.27 | 2.29 | 1.95 | 1.97 | 2.15 | 2.17 | 2.325 | 2.345 | 2.61 | 2.63
Prompt |  | -0.15 | -0.13 | -0.39 | -0.37 | -0.155 | -0.125 | 0.005 | 0.025 | -0.29 | -0.27 | -0.02 | 0 | 0.045 | 0.065 | 0.51 | 0.53
Nov-01-Mar-02 |  | -0.06346493529519251 | -0.04346493529519251 | -0.3471488871130124 | -0.3271488871130124 | -0.0822763289623458 | -0.0522763289623458 | 0.004322085287335308 | 0.02432208528733531 | -0.2570301057590596 | -0.2370301057590596 | -0.0100332939473806 | 0.009966706052619404 | 0.09958356092517379 | 0.1195835609251738 | 1.198529276523852 | 1.218529276523852
Apr-02-Oct-02 |  | -0.36 | -0.34 | -0.57 | -0.55 | -0.1648728410534653 | -0.1348728410534654 | 0.0707517125620633 | 0.09075171256206328 | -0.3656802903215315 | -0.3456802903215315 | -0.09 | -0.07 | 0.02 | 0.04 | 0.3729844678615643 | 0.3929844678615643
Nov-01-Oct-02 |  | -0.236451465179268 | -0.216451465179268 | -0.4771511879791851 | -0.4571511879791851 | -0.1304597841682056 | -0.1004597841682057 | 0.04307443558758438 | 0.06307443558758438 | -0.320412216800249 | -0.3004122168002489 | -0.05668262697001338 | -0.03668262697001337 | 0.05315773923029845 | 0.07315773923029845 | 0.7169399175842484 | 0.7369399175842484
Nov-02-Mar-03 |  | 0.01012091763028376 | 0.03012091763028376 | -0.285 | -0.265 | 0.015 | 0.045 | 0.05608537444203581 | 0.07608537444203581 | -0.215 | -0.195 | 0.004860072959270567 | 0.02486007295927057 | 0.114899667037999 | 0.134899667037999 | 1.150787950252048 | 1.170787950252048
Apr-03-Oct-03 |  | -0.295 | -0.275 | -0.4600000000000007 | -0.4400000000000007 | 0.02 | 0.05 | 0.2 | 0.22 | -0.31 | -0.29 | -0.09000000000000007 | -0.07000000000000008 | 0.025 | 0.045 | 0.3700582492543256 | 0.3900582492543256
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1426125032348221 | 0.1926125032348221 | Apr-02-Oct-02 | 0.2830727098570541 | 0.3330727098570541 | Apr-02-Oct-02 | 2.592485383066383 | 5.366447553930029 | Apr-02-Oct-02 | 0.04443421902061851 | 0.09443421902061852 | Apr-02-Oct-02 | 0.1534211307751848 | 0.2034211307751848 | Apr-02-Oct-02 | 1.914650119595426 | 4.706704681261445
Nov-01-Oct-02 | 0.1012286109067544 | 0.1512286109067544 | Nov-01-Oct-02 | 0.2332776429503293 | 0.2832776429503293 | Nov-01-Oct-02 | 2.574350200821417 | 5.386922481902412 | Nov-01-Oct-02 | 0.02265263099328146 | 0.07265263099328145 | Nov-01-Oct-02 | 0.1201392795767983 | 0.1701392795767983 | Nov-01-Oct-02 | 1.881734070790469 | 4.69938104262876
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12747.61432128036 | 12292.1046115646 | Yesterday | 57.67 |  |  | 1 month | 23.00620000000134 | 0.06670000000200105
 |  |  |  |  |  |  |  | BC | 1954.343971631206 | 1738.710247349824 | Prompt | 33.22 -  36.94 | 38.67 - 42.19 | 28.45 - 32.35 | 2 month | 23.07390883411704 | 0.0582740353336213
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 36.18 -  39.93 | 42.26 - 45.91 | 31.46 - 35.29 | 3 month | 23.1296782097366 | 0.04765671812068462
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 35.96 -  40.39 | 45.46 - 49.87 | 28.14 - 32.57 | 6 month | 23.19895751090343 | 0.03134770652022567
 |  |  |  |  |  |  |  | US | 0.9 | 0.77 | Q2 2002 | 33.11 -  38.02 | 41.83 - 46.11 | 25.41 - 30.88 | Rest of Cal  01 | 23.07390883411704 | 0.0582740353336213
 |  |  |  |  |  |  |  | Canada | 0.79 | 0.76 | Q3 2002 | 36.38 -  40.76 | 45.53 - 49.90 | 28.70 - 33.08 | Cal 02 | 23.0031209481478 | 0.003903785631461432
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 | 2001-09-28 00:00:00 | 14.32456548590898 | 12.68700000000001
 |  |  | 2001-09-28 00:00:00 | 66 | 78 | 2001-09-21 00:00:00 | 12.25100000000003 | 10.735