|
|
Enron Mail |
-----Original Message----- From: "Allan Stewart" <astewart@pira.com<@ENRON [mailto:IMCEANOTES-+22Allan+20Stewart+22+20+3Castewart+40pira+2Ecom+3E+40ENRON@ENRON.com] Sent: Friday, September 21, 2001 11:51 AM To: Herndon, Rogers Subject: PIRA Gas View Shift Rogers, Wanted to make sure that I mentioned that we have redone our balances initially and they are showing something even uglier than we had discussed .. something like a 1.3 TCF EO March 02. That would mean a loss of some 3.5 BCF/D of injection demand in summer of 2002. Not surprising, we are probably going to revise our prices down and throw out the V bottom and grab a long, wide U bottom .. no $3 prices for 2002. You know what we really mean. UNT was rallying today at over $8. This thing could almost as ugly as the last down cycle. Regards, Allan
|