Re: Cleburne-Tenaska IV Plant

Mike,

Based on the screen today and current spreads, we may be able to market the
excess volumes (in the Waha region) at the following levels for 2001:

Jan 4.65
Feb 4.47
Mar 4.26
Apr 4.04
May 3.97
Jun 3.96
Jul 3.96
Aug 3.95
Sep 3.84
Oct 3.96
Nov 4.06
Dec 4.17

Of course, these are only forecasts and are very volatile. If you need
anything else, or have any questions, let me know.

Daren

Mike Mazowita@ENRON
10/25/2000 11:36 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Cleburne-Tenaska IV Plant

Daren,

I'm trying to put together the 2001 Operating Budget for the plant. I need a
conservative forecast, per month, of the price that could be obtained by
selling our excess volumes.

Thanks.