Spreadsheet: paul_lucci__28372__November 16 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.18 | -0.2400000000000007 | 2.551 | -0.125 | 9872.3 | 48.69999999999891
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
2.414 | -0.4459999999999997 | 2.03 | -0.25 | 1.5868 | -0.004799999999999915
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-11-16 00:00:00
-0.4268719798938283 | -0.04196482286914627 | 17.91260000000156 | -2.143599999997289 | 7349.44 | 0.03999999999996362
3.42 | -0.384907157024682 | 20.05619999999885 | 9823.6 | 1.5916 | 7349.4
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) |  | 2.02 | 2.04 | 2.404 | 2.424 |  |  |  |  |  |  | 2.245 | 2.265 | 2.195 | 2.215 | 2.145 | 2.165
ROM (fixed price) |  | 2.02 | 2.04 | 2.5 | 2.52 |  |  | 0.165 | 0.1775 |  |  | 2.4 | 2.42 | 2.22 | 2.24 | 2.26 | 2.28
Prompt |  | 2.541 | 2.561 | 3.164941938699067 | 3.195058061300931 | -0.4491743562810176 | -0.4291743562810176 | 0.1675 | 0.18 | -0.1802154299583167 | -0.1602154299583167 | 3.575 | 3.595 | 0.19 | 0.21 | 0.345 | 0.365
Dec-01-Mar-02 |  | 2.728977819350663 | 2.748977819350663 | 3.406992546860945 | 3.437115820372881 | -0.4769444148396615 | -0.4569444148396615 | 0.17 | 0.18 | -0.3337907976038213 | -0.3137907976038213 | 3.627666404185118 | 3.647666404185118 | 0.1602662190773605 | 0.1802662190773605 | 0.3152662190773605 | 0.3352662190773605
Apr-02-Oct-02 |  | 2.926661815099806 | 2.946661815099806 | 3.649108304354452 | 3.679245528979304 | -0.515 | -0.495 | 0.155 | 0.165 | -0.4751821329479142 | -0.4551821329479142 | 3.714177045448688 | 3.734177045448688 | 0.115 | 0.135 | 0.16 | 0.18
Dec-01-Oct-02 |  | 2.854776223207016 | 2.874776223207016 | 3.561039828291979 | 3.591171979749396 | -0.501161508655719 | -0.4811615086557189 | 0.16 | 0.175 | -0.4237667424849452 | -0.4037667424849452 | 3.682718410526374 | 3.702718410526374 | 0.1314605583714223 | 0.1514605583714223 | 0.2164608380007417 | 0.2364608380007417
Nov-02-Mar-03 |  | 3.423695234540252 | 3.443695234540252 | 4.493964309504509 | 4.524087790331109 | -0.45 | -0.43 | 0.155 | 0.175 | -0.139019594212045 | -0.119019594212045 | 4.967397662760633 | 4.987397662760633 | 0.2059804057879552 | 0.2259804057879552 | 0.3659804057879553 | 0.3859804057879553
Apr-03-Oct-03 |  | 3.370314485162973 | 3.390314485162973 | 4.401082010471037 | 4.431171643792808 | -0.4550000000000006 | -0.4350000000000006 | 0.155 | 0.175 | -0.375238296643095 | -0.355238296643095 | 4.526093929909814 | 4.546093929909813 | 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) |  | 1.63 | 1.65 | 1.45 | 1.47 | 1.825 | 1.845 | 1.93 | 1.95 | 1.61 | 1.63 | 1.85 | 1.87 | 1.985 | 2.005 | 2.285 | 2.305
ROM (fixed price) |  | 1.74 | 1.76 | 1.52 | 1.54 | 1.84 | 1.86 | 1.88 | 1.9 | -0.01 | 0.01 | 1.87 | 1.89 | 2.005 | 2.025 | 2.52 | 2.54
Prompt |  | -0.175 | -0.155 | -0.56 | -0.54 | -0.22 | -0.2 | -0.18 | -0.16 | -0.45 | -0.43 | -0.07 | -0.05 | 0.05 | 0.07 | 0.89 | 0.91
Dec-01-Mar-02 |  | -0.2011124704756627 | -0.1811124704756626 | -0.4983467900658475 | -0.4783467900658475 | -0.2139506278973234 | -0.1939506278973233 | -0.1775444872016333 | -0.1575444872016333 | -0.3896464013855776 | -0.3696464013855776 | -0.05013542776210703 | -0.03013542776210702 | 0.09447890525873265 | 0.1144789052587326 | 1.248792740186158 | 1.268792740186158
Apr-02-Oct-02 |  | -0.3899159824108878 | -0.3699159824108878 | -0.6 | -0.58 | -0.1633193511117825 | -0.1433193511117825 | 0.04162456771202788 | 0.06162456771202788 | -0.3699363076963316 | -0.3499363076963315 | -0.1 | -0.08 | 0.0175 | 0.0375 | 0.3902750785112513 | 0.4102750785112513
Dec-01-Oct-02 |  | -0.3212596799344646 | -0.3012596799344646 | -0.5630349379765089 | -0.5430349379765089 | -0.181730853197338 | -0.161730853197338 | -0.03807382758470048 | -0.01807382758470048 | -0.3771036645971491 | -0.357103664597149 | -0.08186730151716254 | -0.06186730151716254 | 0.04549252487189268 | 0.06549252487189268 | 0.7024655015449399 | 0.7224655015449399
Nov-02-Mar-03 |  | 0.04216957941997104 | 0.06216957941997104 | -0.3084080573132645 | -0.2884080573132645 | 0.05146804374114483 | 0.07146804374114483 | 0.075 | 0.095 | -0.23 | -0.21 | -0.0301401859058868 | -0.0101401859058868 | 0.1109804057879552 | 0.1309804057879552 | 1.1196484776299 | 1.1396484776299
Apr-03-Oct-03 |  | -0.285 | -0.265 | -0.465 | -0.445 | 0.04000000000000005 | 0.06000000000000005 | 0.22 | 0.24 | -0.29 | -0.27 | -0.1 | -0.08 | 0.025 | 0.045 | 0.3700538825999121 | 0.3900538825999121
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.1506212468438921 | 0.2006212468438921 | Apr-02-Oct-02 | 0.2938794561729861 | 0.343879456172986 | Apr-02-Oct-02 | 2.664177045448688 | 5.437330231660328 | Apr-02-Oct-02 | 0.0404200807932047 | 0.09042008079320471 | Apr-02-Oct-02 | 0.1466934831056833 | 0.1966934831056833 | Apr-02-Oct-02 | 1.936661815099806 | 4.724003967083608
Dec-01-Oct-02 | 0.1033122037554744 | 0.1533122037554744 | Dec-01-Oct-02 | 0.2331321903454437 | 0.2831321903454437 | Dec-01-Oct-02 | 2.595288505022782 | 5.415846434461312 | Dec-01-Oct-02 | 0.01825139830296831 | 0.06825139830296831 | Dec-01-Oct-02 | 0.1156622353676673 | 0.1656622353676673 | Dec-01-Oct-02 | 1.864776223207016 | 4.724251229604843
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12739.14829800794 | 12291.37842990284 | Yesterday | 31.12 |  |  | 1 month | 17.91260000000156 | -2.143599999997289
 |  |  |  |  |  |  |  | BC | 1936.367924528302 | 1753.755485893418 | Prompt | 36.66 -  40.72 | 43.85 - 47.54 | 31.70 - 36.00 | 2 month | 18.02084661195924 | -2.09374810393934
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 36.66 -  40.72 | 43.85 - 47.54 | 31.70 - 36.00 | 3 month | 18.11563493718105 | -2.036817436580801
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 37.52 -  48.95 | 53.33 - 62.34 | 24.48 - 37.91 | 6 month | 18.38572574851959 | -1.843295405552375
 |  |  |  |  |  |  |  | US | 0.94 | 0.83 | Q2 2002 | 33.93 -  42.88 | 44.99 - 52.30 | 24.16 - 34.57 | Rest of Cal  01 | 17.91260000000156 | -2.143599999997289
 |  |  |  |  |  |  |  | Canada | 0.82 | 0.81 | Q3 2002 | 35.50 -  42.39 | 46.57 - 51.37 | 26.19 - 34.85 | Cal 02 | 18.94277708880691 | -1.414035232691049
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