Spreadsheet: mark_whitt__25206__October 30 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
4.17 | 0.2150000000000007 | 3.202 | 0.1610000000000005 | 9269.5 | -275.6
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
4.07 | 0.25 | 3.2 | 0.1 | 1.5746 | -0.0005999999999999339
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-10-30 00:00:00
-0.4724184267667644 | 0.07246182081892538 | 22.31970000000069 | 0.08339999999993708 | 6896.34 | -108.58
3.955 | -0.5448802475856898 | 22.23630000000076 | 9545.1 | 1.5752 | 7004.92
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) |  | 3.19 | 3.21 | 4.06 | 4.08 |  |  |  |  |  |  | 4.105 | 4.125 | 3.35 | 3.37 | 3.4 | 3.42
ROM (fixed price) |  | 3.25 | 3.27 | 4.06 | 4.08 |  |  | 0.005 | 0.025 |  |  | 4.14 | 4.16 | 3.36 | 3.38 | 3.38 | 3.4
Prompt |  | 3.192 | 3.212 | 4.155078356446091 | 4.184921643553912 | -0.417401680495677 | -0.397401680495677 | 0.16 | 0.17 | -0.7189770387155685 | -0.6989770387155685 | 3.71 | 3.73 | 0.185 | 0.205 | 0.34 | 0.36
Nov-01-Mar-02 |  | 3.358478683949145 | 3.378478683949145 | 4.330685999247204 | 4.360539349571606 | -0.4671721624447092 | -0.4471721624447091 | 0.1516097737375924 | 0.1716097737375925 | -0.4130530300992996 | -0.3930530300992996 | 4.416448011819682 | 4.436448011819682 | 0.1831611533550082 | 0.2031611533550082 | 0.3381611533550081 | 0.3581611533550081
Apr-02-Oct-02 |  | 3.35838972014044 | 3.37838972014044 | 4.26103364444224 | 4.290900112484556 | -0.515 | -0.495 | 0.13 | 0.15 | -0.4480352688068001 | -0.4280352688068001 | 4.365969461270005 | 4.385969461270005 | 0.13 | 0.15 | 0.175 | 0.195
Nov-01-Oct-02 |  | 3.358426764247062 | 3.378426764247062 | 4.290044190866378 | 4.319905196753372 | -0.4950847160243867 | -0.4750847160243867 | 0.1389982069570966 | 0.1589982069570966 | -0.4334688310673314 | -0.4134688310673314 | 4.386988489523415 | 4.406988489523415 | 0.1521360512967411 | 0.1721360512967411 | 0.2429395278763576 | 0.2629395278763576
Nov-02-Mar-03 |  | 3.74561622758281 | 3.765616227582809 | 4.96608693563836 | 4.995952600199709 | -0.43 | -0.41 | 0.13 | 0.15 | -0.1200939928478928 | -0.1000939928478928 | 5.433795121806397 | 5.453795121806396 | 0.2249060071521075 | 0.2449060071521075 | 0.3849060071521075 | 0.4049060071521075
Apr-03-Oct-03 |  | 3.597498991837072 | 3.617498991837071 | 4.737663144787206 | 4.767530219020971 | -0.435 | -0.415 | 0.13 | 0.15 | -0.3546439535002981 | -0.3346439535002981 | 4.862594258097403 | 4.882594258097402 | 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) |  | 2.83 | 2.85 | 2.695 | 2.715 | 2.935 | 2.955 | 3.065 | 3.085 |  |  | 3.1 | 3.12 | 3.22 | 3.24 | 3.805 | 3.825
ROM (fixed price) |  | 2.9 | 2.92 | 2.72 | 2.74 | 2.85 | 2.87 | 3.1 | 3.12 | -0.01 | 0.01 | 3.14 | 3.16 | 3.21 | 3.23 | 3.8 | 3.82
Prompt |  | -0.41 | -0.39 | -0.61 | -0.59 | -0.295 | -0.275 | -0.3 | -0.28 | -0.515 | -0.495 | 0 | 0.02 | 0.09 | 0.11 | 0.505 | 0.525
Nov-01-Mar-02 |  | -0.1127039169125149 | -0.09270391691251492 | -0.416413233949131 | -0.396413233949131 | -0.1067261829837948 | -0.08672618298379478 | -0.07132016707639563 | -0.05132016707639563 | -0.3454415877579745 | -0.3254415877579745 | 0.009966599095096765 | 0.02996659909509677 | 0.139794442662591 | 0.159794442662591 | 1.467283463340508 | 1.487283463340508
Apr-02-Oct-02 |  | -0.3392397838704544 | -0.3192397838704544 | -0.54 | -0.52 | -0.0755483334735926 | -0.05554833347359261 | 0.1208026743657406 | 0.1408026743657406 | -0.3342249637475234 | -0.3142249637475234 | -0.09 | -0.07 | 0.03 | 0.05 | 0.4001839240758325 | 0.4201839240758325
Nov-01-Oct-02 |  | -0.2449113268099898 | -0.2249113268099898 | -0.4885390586876225 | -0.4685390586876225 | -0.08853064165398673 | -0.06853064165398674 | 0.04080363738024724 | 0.06080363738024724 | -0.3388955126126603 | -0.3188955126126603 | -0.04837438381458018 | -0.02837438381458018 | 0.07571788348243672 | 0.0957178834824367 | 0.8445190945742794 | 0.8645190945742794
Nov-02-Mar-03 |  | 0.07210674291960235 | 0.09210674291960234 | -0.28 | -0.26 | 0.08416101174425322 | 0.1041610117442532 | 0.1190553195620325 | 0.1390553195620325 | -0.205 | -0.185 | 0.01986085348825758 | 0.03986085348825759 | 0.1299060071521074 | 0.1499060071521074 | 1.210224719934933 | 1.230224719934933
Apr-03-Oct-03 |  | -0.26 | -0.24 | -0.43 | -0.41 | 0.025 | 0.045 | 0.22 | 0.24 | -0.28 | -0.26 | -0.09 | -0.07 | 0.03 | 0.05 | 0.3700640642366254 | 0.3900640642366254
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.2291219318459158 | 0.2791219318459158 | Apr-02-Oct-02 | 0.3757218506265293 | 0.4257218506265293 | Apr-02-Oct-02 | 3.275969461270006 | 5.950061442737161 | Apr-02-Oct-02 | 0.08039744571584692 | 0.1303974457158469 | Apr-02-Oct-02 | 0.1945954084978196 | 0.2445954084978196 | Apr-02-Oct-02 | 2.36838972014044 | 5.06201969190977
Nov-01-Oct-02 | 0.170937990234532 | 0.220937990234532 | Nov-01-Oct-02 | 0.328229199917103 | 0.378229199917103 | Nov-01-Oct-02 | 3.246846884570144 | 6.0768998650772 | Nov-01-Oct-02 | 0.061081675811044 | 0.111081675811044 | Nov-01-Oct-02 | 0.1648666242400232 | 0.2148666242400232 | Nov-01-Oct-02 | 2.368426764247062 | 5.066294314864828
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  | Nymex prices are poised to finally move lower today. Storage fundamentals are self explanatory and temperatures are expected to be above normal. Do not be surprised to see a significant trend lower over the next few days. Producers should strongly consider the "weekly structure." |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12739.70734314438 | 12291.09468193734 | Yesterday | 48.03 |  |  | 1 month | 22.31970000000069 | 0.08339999999993708
 |  |  |  |  |  |  |  | BC | 1957.574750830565 | 1745.105960264901 | Prompt | 44.01 -  48.06 | 53.98 - 57.72 | 35.29 - 39.60 | 2 month | 22.35146926370918 | 0.07670666813485383
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 45.69 -  50.03 | 55.19 - 59.13 | 38.30 - 42.96 | 3 month | 22.36343474416432 | 0.0746260039308666
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 44.04 -  57.04 | 58.52 - 69.33 | 32.11 - 46.90 | 6 month | 22.36117636613481 | 0.07173415157455665
 |  |  |  |  |  |  |  | US | 0.93 | 0.8 | Q2 2002 | 40.94 -  51.35 | 53.44 - 63.82 | 29.90 - 40.34 | Rest of Cal  01 | 22.31970000000069 | 0.08339999999993708
 |  |  |  |  |  |  |  | Canada | 0.813 | 0.798 | Q3 2002 | 41.13 -  48.98 | 51.99 - 59.40 | 32.01 - 40.23 | Cal 02 | 22.21169880979273 | 0.06384666514612647
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
 |  |  | 2001-10-19 00:00:00 | 25 | 71 | 2001-10-19 00:00:00 | 2.380999999999972 | 3.194999999999993
 |  |  | 2001-10-12 00:00:00 | 63 | 29 | 2001-10-12 00:00:00 | 3.180000000000007 | 7.64700000000002