RE: Frontera for tomorrow

Hey John,

Thanks for the heads up.

FYI - I found an hourly ERCOT-Imbalance deal from yesterday (10/22/01) with a price on it - I've zeroed out the price but I wanted to let you know so you can pass the word on. Deal 830711.1 - 25 mws HE 9.

Thanks,
Michael

-----Original Message-----
From: Forney, John M.
Sent: Monday, October 22, 2001 2:08 PM
To: Grace, Rebecca M.; Jacobson, Michael
Subject: Frontera for tomorrow

Frontera will be running short for the schedule listed below. I have sold them this imbalance for $28.57. Any imbalance charges billed to them should be allocated to me listed on the schedule below.

hour ending 7 - 320
he 8 -320
he 9 - 320
he 10 - 215
he 11 - 150
he 12 - 50

The total is 1375. This is the equivalent of a financial swap, but the settlement will remain intact.

Thanks,
JMF