Spreadsheet: mark_whitt__25230__October 25 Structure
Sheet: structure

SETTLEMENTS |  |  |  |  |  | Enron Canada Corp. |  |  |  |  |  | CONTACTS
[NAME] (C$[NAME]) |  | Nymex Prompt (US$/MMBtu) |  | Dow Close |  | Structured Energy Update
3.95 | 0.33 | 2.981 | 0.3 | 9345.6 | 5.600000000000364
[NAME] (C$[NAME]) |  | HH Cash (U$/MMBtu) |  | BofC Noon FX
3.675 | -0.02 | 2.67 | -0.03000000000000025 | 1.5745 | 0.002499999999999947
Cash Basis (US$/MMBtu) |  | WTI Prompt (US$/Bbl) |  | TSE Close |  | 2001-10-25 00:00:00
-0.2043897355838484 | 0.01581564989651785 | 22.38609999999962 | 0.4667999999984147 | 6897 | -7.199999999999818
3.62 | -0.2202053854803663 | 21.9193000000012 | 9340 | 1.572 | 6904.2
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) |  | 2.66 | 2.68 | 3.665 | 3.685 |  |  |  |  |  |  | 3.705 | 3.725 | 2.85 | 2.87 | 2.89 | 2.91
ROM (fixed price) |  | 2.96 | 2.98 | 3.98 | 4 |  |  | 0.005 | 0.025 |  |  | 4.118 | 4.138 | 3.07 | 3.09 | 3.09 | 3.11
Prompt |  | 2.971000000000001 | 2.991 | 3.935094967955651 | 3.96490503204435 | -0.3408882872261773 | -0.3208882872261772 | 0.16 | 0.17 | -0.4650074433940656 | -0.4450074433940656 | 3.755 | 3.775 | 0.205 | 0.225 | 0.36 | 0.38
Nov-01-Mar-02 |  | 3.201091542724399 | 3.221091542724398 | 4.174381146459862 | 4.204204229724596 | -0.4116619133967778 | -0.3916619133967778 | 0.138 | 0.158 | -0.3220360221096419 | -0.3020360221096419 | 4.312986428331396 | 4.332986428331395 | 0.1991546985590647 | 0.2191546985590647 | 0.3541546985590647 | 0.3741546985590647
Apr-02-Oct-02 |  | 3.238236983707693 | 3.258236983707693 | 4.122283241559691 | 4.152119866256488 | -0.485 | -0.465 | 0.1375 | 0.1575 | -0.4179682889107914 | -0.3979682889107914 | 4.227206743532464 | 4.247206743532463 | 0.12 | 0.14 | 0.165 | 0.185
Nov-01-Oct-02 |  | 3.22276490425257 | 3.24276490425257 | 4.143989381605689 | 4.173820365930282 | -0.4544527060932711 | -0.4344527060932711 | 0.137708263504828 | 0.157708263504828 | -0.3780099086905922 | -0.3580099086905922 | 4.262936299130993 | 4.282936299130992 | 0.152970069891025 | 0.1729700698910251 | 0.2437880409531791 | 0.2637880409531791
Nov-02-Mar-03 |  | 3.678270924457499 | 3.698270924457498 | 4.890833607861764 | 4.920671493262716 | -0.41 | -0.39 | 0.13 | 0.15 | -0.1200983410437002 | -0.1000983410437002 | 5.328254577789592 | 5.348254577789592 | 0.2249016589562998 | 0.2449016589562998 | 0.3849016589562999 | 0.4049016589562999
Apr-03-Oct-03 |  | 3.5604984415212 | 3.580498441521199 | 4.69298083300668 | 4.72282017910877 | -0.425 | -0.405 | 0.13 | 0.15 | -0.3445692830485714 | -0.3245692830485714 | 4.817900243284718 | 4.837900243284718 | 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) |  | 2.545 | 2.565 | 2.38 | 2.4 | 2.645 | 2.665 | 2.68 | 2.7 | 2.525 | 2.545 | 2.73 | 2.75 | 2.77 | 2.79 | 3.07 | 3.09
ROM (fixed price) |  | 2.8 | 2.82 | 2.71 | 2.73 | 2.85 | 2.87 | 2.94 | 2.96 | -0.01 | 0.01 | 2.85 | 2.87 | 3.015 | 3.035 | 3.37 | 3.39
Prompt |  | -0.07 | -0.05 | -0.315 | -0.295 | -0.045 | -0.025 | 0.025 | 0.045 | -0.25 | -0.23 | 0.01 | 0.03 | 0.09 | 0.11 | 0.51 | 0.53
Nov-01-Mar-02 |  | 0.02453026071319227 | 0.04453026071319227 | -0.3093152245977997 | -0.2893152245977997 | 0.00626082634781947 | 0.02626082634781947 | 0.04318373508749963 | 0.06318373508749964 | -0.2412394051172401 | -0.2212394051172401 | 0.01996670822681568 | 0.03996670822681569 | 0.1349594329097579 | 0.1549594329097579 | 1.457830073486258 | 1.477830073486258
Apr-02-Oct-02 |  | -0.3056902591644555 | -0.2856902591644555 | -0.5125 | -0.4925 | -0.05766673671147151 | -0.03766673671147151 | 0.1358027046959346 | 0.1558027046959346 | -0.3099484650223266 | -0.2899484650223266 | -0.09 | -0.07 | 0.03 | 0.05 | 0.4001837215706563 | 0.4201837215706563
Nov-01-Oct-02 |  | -0.1681444934927869 | -0.1481444934927869 | -0.4278680530941064 | -0.4078680530941064 | -0.0310391800357931 | -0.0110391800357931 | 0.09722440224751822 | 0.1172244022475182 | -0.2813292857637896 | -0.2613292857637896 | -0.04419589586057653 | -0.02419589586057652 | 0.07371843872508538 | 0.09371843872508537 | 0.8407219938075824 | 0.8607219938075824
Nov-02-Mar-03 |  | 0.09213656911723503 | 0.112136569117235 | -0.265 | -0.245 | 0.1021364666962729 | 0.1221364666962729 | 0.135 | 0.155 | -0.2 | -0.18 | 0.004860321274535442 | 0.02486032127453544 | 0.1299016589562998 | 0.1499016589562999 | 1.220190919154681 | 1.240190919154681
Apr-03-Oct-03 |  | -0.255 | -0.235 | -0.43 | -0.41 | 0.025 | 0.045 | 0.22 | 0.24 | -0.28 | -0.26 | -0.09 | -0.07 | 0.03 | 0.05 | 0.3700600108356429 | 0.3900600108356429
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$/Mmbtu)
 | Bid | Offer |  | Bid | Offer |  | Put | Call |  | Bid | Offer |  | Bid | Offer |  | Put | Call
Apr-02-Oct-02 | 0.2128438774355657 | 0.2628438774355656 | Apr-02-Oct-02 | 0.3595232431423887 | 0.4095232431423887 | Apr-02-Oct-02 | 3.137206743532462 | 5.836945549095844 | Apr-02-Oct-02 | 0.06849107076484709 | 0.1184910707648471 | Apr-02-Oct-02 | 0.1805222192973352 | 0.2305222192973352 | Apr-02-Oct-02 | 2.248236983707693 | 4.959510221939768
Nov-01-Oct-02 | 0.1611207128256306 | 0.2111207128256306 | Nov-01-Oct-02 | 0.3085319305437715 | 0.3585319305437715 | Nov-01-Oct-02 | 3.122776052797794 | 5.914884852402681 | Nov-01-Oct-02 | 0.04885465515679926 | 0.09885465515679925 | Nov-01-Oct-02 | 0.1528932684575912 | 0.2028932684575913 | Nov-01-Oct-02 | 2.23276490425257 | 4.971772330592405
WEEKLY STRATEGY |  |  |  | COMMENTARY |  |  |  | FIELD RECEIPTS |  |  | ALBERTA POWER POOL  (C$/MWh) |  |  |  | WTI Swaps (US$/Bbl)
 |  |  |  |  |  |  |  |  | 2001 YTD | 2000 YTD |  | 7 X 24 | Peak | [NAME] |  |  | Change
 |  |  |  |  |  |  |  | Alberta | 12738.53103805341 | 12290.78041803221 | Yesterday | 39.88 |  |  | 1 month | 22.38609999999962 | 0.4667999999984147
 |  |  |  |  |  |  |  | BC | 1956.692567567567 | 1743.242424242425 | Prompt | 44.60 -  48.67 | 54.69 - 58.45 | 35.76 - 40.11 | 2 month | 22.45732054834316 | 0.4515209725349045
 |  |  |  |  |  |  |  | STORAGE |  |  | Rest of Year | 45.25 -  49.57 | 54.76 - 58.68 | 37.86 - 42.49 | 3 month | 22.50079222580469 | 0.4420681487944798
 |  |  |  |  |  |  |  |  | % Full 2001 | % Full 2000 | Q1 2002 | 42.71 -  55.20 | 56.56 - 67.08 | 31.28 - 45.40 | 6 month | 22.53233341189126 | 0.4092365582196749
 |  |  |  |  |  |  |  | US | 0.93 | 0.8 | Q2 2002 | 39.54 -  49.51 | 51.45 - 61.52 | 29.02 - 38.91 | Rest of Cal  01 | 22.45732054834316 | 0.4515209725349045
 |  |  |  |  |  |  |  | Canada | 0.809 | 0.793 | Q3 2002 | 40.00 -  47.54 | 50.39 - 57.64 | 31.27 - 39.05 | Cal 02 | 22.3620038264078 | 0.3235279692169009
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