Spreadsheet: paul_lucci__28481__October 24 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.62 | -0.14 | 2.681 | -0.1260000000000003 | 9340 | -37
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
3.81 | 0.06999999999999984 | 2.82 | 0.05499999999999972 | 1.572 | -0.006299999999999972
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-10-24 00:00:00
-0.2630263920650049 | 0.002514248283421949 | 21.9193000000012 | -0.4000999999971846 | 6904.2 | -1.010000000000218
3.76 | -0.2655406403484268 | 22.31939999999839 | 9377 | 1.5783 | 6905.21
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) |  | 2.81 | 2.83 | 3.8 | 3.82 |  |  |  |  |  |  | 4.02 | 4.04 | 2.95 | 2.97 | 2.96 | 2.98
ROM (fixed price) |  | 2.69 | 2.71 | 3.685 | 3.705 |  |  | 0.005 | 0.025 |  |  | 3.804 | 3.824 | 2.8 | 2.82 | 2.82 | 2.84
Prompt |  | 2.671 | 2.691 | 3.605099572446988 | 3.634900427553012 | -0.2615395116208186 | -0.2415395116208185 | 0.16 | 0.17 | -0.2598617074161365 | -0.2398617074161364 | 3.6125 | 3.6325 | 0.205 | 0.225 | 0.36 | 0.38
Nov-01-Mar-02 |  | 2.972373857482151 | 2.99237385748215 | 3.893410586748751 | 3.923225741602939 | -0.3706748032329815 | -0.3506748032329815 | 0.138 | 0.158 | -0.255927112474397 | -0.235927112474397 | 4.069417820129064 | 4.089417820129063 | 0.1991548242903582 | 0.2191548242903582 | 0.3541548242903582 | 0.3741548242903582
Apr-02-Oct-02 |  | 3.079512186771892 | 3.099512186771892 | 3.907779486886619 | 3.937615419749388 | -0.47 | -0.45 | 0.1375 | 0.1575 | -0.4029667338616652 | -0.3829667338616652 | 4.012708970133354 | 4.032708970133354 | 0.12 | 0.14 | 0.165 | 0.185
Nov-01-Oct-02 |  | 3.034879596082732 | 3.054879596082732 | 3.901791596236924 | 3.931618873221274 | -0.4286222700894116 | -0.4086222700894115 | 0.1377082942257222 | 0.1577082942257222 | -0.3417117256869636 | -0.3217117256869636 | 4.036333222136263 | 4.056333222136263 | 0.1529749856754785 | 0.1729749856754785 | 0.243799715334369 | 0.263799715334369
Nov-02-Mar-03 |  | 3.541046041129119 | 3.561046041129119 | 4.708239221317842 | 4.738075536504382 | -0.395 | -0.375 | 0.13 | 0.15 | -0.1201001220991524 | -0.1001001220991524 | 5.123252314565001 | 5.143252314565 | 0.2248998779008477 | 0.2448998779008477 | 0.3848998779008476 | 0.4048998779008476
Apr-03-Oct-03 |  | 3.428777553780412 | 3.448777553780412 | 4.49509320030031 | 4.524923492152221 | -0.425 | -0.405 | 0.13 | 0.15 | -0.344544869436513 | -0.324544869436513 | 4.620002940252774 | 4.640002940252773 | 0.13 | 0.15 | 0.165 | 0.185
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) |  | 2.77 | 2.79 | 2.565 | 2.585 | 2.835 | 2.855 | 2.885 | 2.905 | 2.6 | 2.62 | 2.85 | 2.87 | 2.895 | 2.915 | 3.065 | 3.085
ROM (fixed price) |  | 2.59 | 2.61 | 2.4 | 2.42 | 2.61 | 2.63 | 2.64 | 2.66 | -0.01 | 0.01 | 2.58 | 2.6 | 2.705 | 2.725 | 3.01 | 3.03
Prompt |  | 0 | 0.02 | -0.295 | -0.275 | 0.01 | 0.03 | 0.075 | 0.095 | -0.235 | -0.215 | 0.01 | 0.03 | 0.09 | 0.11 | 0.49 | 0.51
Nov-01-Mar-02 |  | 0.06355403064535148 | 0.08355403064535147 | -0.2913600902136208 | -0.2713600902136208 | 0.05306261649922394 | 0.07306261649922394 | 0.08723528493464021 | 0.1072352849346402 | -0.2369191785931906 | -0.2169191785931906 | 0.01996677521233553 | 0.03996677521233553 | 0.1349591483134236 | 0.1549591483134237 | 1.399993189308123 | 1.419993189308123
Apr-02-Oct-02 |  | -0.2814196962334767 | -0.2614196962334767 | -0.5025 | -0.4825 | -0.03769981611335126 | -0.01769981611335127 | 0.1614872320759375 | 0.1814872320759375 | -0.294230693581525 | -0.274230693581525 | -0.09 | -0.07 | 0.03 | 0.05 | 0.4001836399252452 | 0.4201836399252452
Nov-01-Oct-02 |  | -0.137707625564002 | -0.117707625564002 | -0.4145415519439696 | -0.3945415519439696 | 0.0001107651380534893 | 0.02011076513805349 | 0.1305547283996086 | 0.1505547283996087 | -0.2703553783025989 | -0.2503553783025989 | -0.04418911140395224 | -0.02418911140395223 | 0.07372476906081844 | 0.09372476906081843 | 0.8166927518420404 | 0.8366927518420404
Nov-02-Mar-03 |  | 0.1217768961117185 | 0.1417768961117185 | -0.265 | -0.245 | 0.1131919036250561 | 0.1331919036250561 | 0.165 | 0.185 | -0.2 | -0.18 | 0.004860086755098162 | 0.02486008675509816 | 0.1298998779008477 | 0.1498998779008477 | 1.220176275872042 | 1.240176275872042
Apr-03-Oct-03 |  | -0.24 | -0.22 | -0.43 | -0.41 | 0.025 | 0.045 | 0.21 | 0.23 | -0.28 | -0.26 | -0.09 | -0.07 | 0.03 | 0.05 | 0.3700585858195644 | 0.3900585858195644
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.177395808281532 | 0.227395808281532 | Apr-02-Oct-02 | 0.3191838049302085 | 0.3691838049302085 | Apr-02-Oct-02 | 2.922708970133355 | 5.632399297121849 | Apr-02-Oct-02 | 0.04986089315454794 | 0.09986089315454794 | Apr-02-Oct-02 | 0.1554646164271318 | 0.2054646164271318 | Apr-02-Oct-02 | 2.089512186771892 | 4.81652884291854
Nov-01-Oct-02 | 0.128694424251525 | 0.178694424251525 | Nov-01-Oct-02 | 0.2666055616797363 | 0.3166055616797362 | Nov-01-Oct-02 | 2.896164292837605 | 5.681747098105242 | Nov-01-Oct-02 | 0.02930358208519308 | 0.07930358208519309 | Nov-01-Oct-02 | 0.1291661265553768 | 0.1791661265553768 | Nov-01-Oct-02 | 2.044879596082732 | 4.835586497096649
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12739.21396642482 | 12291.10062214719 | Yesterday | 51.41 |  |  | 1 month | 21.9193000000012 | -0.4000999999971846
 |  |  |  |  |  |  |  | BC | 1956.542372881356 | 1742.881756756758 | Prompt | 42.75 -  46.73 | 52.44 - 56.12 | 34.27 - 38.52 | 2 month | 22.00579957580825 | -0.3865384021829357
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 42.77 -  46.96 | 51.82 - 55.64 | 35.73 - 40.21 | 3 month | 22.05872407701021 | -0.378714972615164
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 39.98 -  51.82 | 52.97 - 62.96 | 29.28 - 42.64 | 6 month | 22.12309685367158 | -0.3777457215805988
 |  |  |  |  |  |  |  | US | 0.92 | 0.78 | Q2 2002 | 37.34 -  46.88 | 48.60 - 58.23 | 27.40 - 36.85 | Rest of Cal  01 | 22.00579957580825 | -0.3865384021829357
 |  |  |  |  |  |  |  | Canada | 0.809 | 0.793 | Q3 2002 | 37.94 -  45.19 | 47.80 - 54.78 | 29.65 - 37.14 | Cal 02 | 22.0384758571909 | -0.3534375019403981
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
 |  |  | 2001-10-12 00:00:00 | 63 | 29 | 2001-10-12 00:00:00 | 3.180000000000007 | 7.64700000000002
 |  |  | 2001-10-05 00:00:00 | 65 | 62 | 2001-10-05 00:00:00 | 6.769434514091017 | 10.23099999999999