Spreadsheet: sara_shackleton__37356__100200cgas
Sheet: Sheet1

Enron Canada Corp.--Credit Watch List
(For Internal Use Only)
Counterparty | Physical | [NAME] | Financial | [NAME]
Acanthus Resources Ltd. | NO TRADES | N/A | NO TRADES | N/A
Avista Energy, Inc. | Call Credit for approval | 6 Months | Call Credit for approval | 6 Months
Barrington Petroleum Ltd. | NO TRADES | N/A | NO TRADES | N/A
Baytex Energy Ltd. | Call Credit for approval | 1 Month | NO TRADES | N/A
Bearspaw Petroleum Ltd. | NO TRADES | N/A | NO TRADES | N/A
Beau Canada Exploration Ltd. | NO TRADES | N/A | NO TRADES | N/A
Big Bear Exploration Ltd | NO TRADES | N/A | NO TRADES | N/A
Birchill Resources Limited | NO TRADES | N/A | NO TRADES | N/A
Black Hills Energy Resources, Inc. | Call Credit for approval | 2 Months | L/C or prepay required | 1 Month
Blue Range Resources Corporation | NO TRADES | N/A | NO TRADES | N/A
Bonavista Petroleum Ltd. | Call Credit for approval | 3 Months | NO TRADES | N/A
Cabot Oil & Gas Marketing Corporation | Call Credit for approval | 1 Month | Call Credit for approval | 1 Month
Calibre Energy Inc. | NO TRADES | N/A | NO TRADES | N/A
Canadian 88 Energy Corp. | NO TRADES | N/A | NO TRADES | N/A
Canadian Hunter Exploration Ltd. | Purchases only | 1 Month | NO TRADES | N/A
CanEnerco Energy Services Limited | Call Credit for approval | 1 month | NO TRADES | N/A
Canwest Gas Supply Inc. | Trade subject to credit | 6 months | NO TRADES | N/A
Channel Lake Petroleum Ltd. | Call Credit for approval | 1 month | NO TRADES | N/A
Chesapeake Energy Corporation | NO TRADES | N/A | NO TRADES | N/A
Chesapeake Energy Marketing, Inc. | NO TRADES | N/A | NO TRADES | N/A
CoEnergy Trading Company | Call Credit for approval | 6 Months | NO TRADES | N/A
Cook Inlet Energy Supply | OK - master | 3 Months | Call Credit for approval | 2 Months
Corvair Oils Ltd. | L/C or prepay required | 6 months | Call Credit for approval | 6 months
CoWest Energy | NO TRADES | N/A | NO TRADES | N/A
Direct Energy Marketing Limited | Call Credit for approval | 3 Months | NO TRADES | N/A
Edge Energy Inc.   (name changed from [NAME] | Call Credit for approval | 6 months | Trade subject to credit | 6 months
Elk Point Resources, Ltd. | Purchases only | 1 Month | NO TRADES | N/A
Encal Energy Ltd. | Call Credit for approval | 1 Month | NO TRADES | N/A
Encounter Energy Inc. | Call Credit for approval | 6 Months | Call Credit for approval | 6 Months
Energy West, Inc. | Call Credit for approval | 3 Months | OK - master | 6 Months
Engage Energy Canada, L.P. | Call Credit for approval | 12 Months | Call Credit for approval | 12 Months
Express Energy Corp | NO TRADES | N/A | NO TRADES | N/A
Fortune Energy Inc. | NO TRADES | N/A | Call Credit for approval | 6 months
Harbour Petroleum Company Limited | NO TRADES | N/A | NO TRADES | N/A
Highridge Exploration Ltd. | Call Credit for approval | 1 Month | Call Credit for approval | 1 Month
Howard Energy Marketing, LLC  (name changed | OK - master | 3 Months | OK - master | 3 Months
Humble Petroleum Marketing Ltd. | NO TRADES | N/A | NO TRADES | N/A
Kimball Trading Company, LLC | NO TRADES | N/A | NO TRADES | N/A
Maxx Petroleum Ltd. | Call Credit for approval | 6 Months | Call Credit for approval | 6 Months
Merit Energy Ltd. | NO TRADES | N/A | NO TRADES | N/A
Multi-Energies Inc. | NO TRADES | N/A | NO TRADES | N/A
Nastan Resources Ltd. | NO TRADES | N/A | NO TRADES | N/A
National Fuel Marketing Company, L.L.C. | L/C or prepay required | 1 Month | OK - master | 2 Months
Natural Gas Exchange, Inc. | Trade subject to credit | 12 months | NO TRADES | N/A
NESI Energy Marketing, LLC | Call Credit for approval | 2 Months | NO TRADES | N/A
Newquest Energy Inc. | NO TRADES | N/A | NO TRADES | N/A
Northern Alberta Nitrogen Ltd. | NO TRADES | N/A | NO TRADES | N/A
Northland Power | L/C or prepay required | 1 month | NO TRADES | N/A
Northstar Energy | Call Credit for approval | 3 Months | NO TRADES | N/A
Novergaz, Inc. | Trade subject to credit | 1 month | Trade subject to credit | 1 month
Petrobank Energy and Resources Ltd. | Call Credit for approval | 1 month | NO TRADES | N/A
Petromet Resources Limited | Call Credit for approval | 3 Months | NO TRADES | N/A
Pioneer Natrual Resources Canada, Inc. | NO TRADES | N/A | NO TRADES | N/A
Place Resources Corporation | Call Credit for approval | 6 months | Call Credit for approval | 6 months
Poco Petroleums Ltd. | Call Credit for approval | 6 Months | Call Credit for approval | 6 Months
Polsky Energy Corporation | NO TRADES | N/A | NO TRADES | N/A
Quicktrade, LLC | Call Credit for approval | 1 Month | NO TRADES | N/A
Refco Alberta Inc. | NO TRADES | N/A | NO TRADES | N/A
Renaissance Energy Ltd. | Call Credit for approval | 1 Month | NO TRADES | N/A
Rigel Oil & Gas Ltd. | Call Credit for approval | 1 Month | Call Credit for approval | 1 Month
Rio Alto Exploration Ltd. | Call Credit for approval | 6 Months | Call Credit for approval | 6 Months
Sempra Energy Trading Services Corp. | NO TRADES | N/A | NO TRADES | N/A
Sunoma Energy Corp. | NO TRADES | N/A | NO TRADES | N/A
Tarpon Gas Marketing | NO TRADES | N/A | NO TRADES | N/A
Trego Energy Inc. | NO TRADES | N/A | NO TRADES | N/A
Vermillion Resources Ltd. | NO TRADES | N/A | NO TRADES | N/A
Vitol Gas & Electric LLC | OK - master | 2 Months | OK - master | 2 Months
Wasatch Energy Corporation | Purchases only | 2 Months | OK - master | 3 Months