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Enron Mail |
I'm using March pricing for TCO and Sonat. For TCO, I'm using the financial basis offer for March provided by Dan Junek at AES at 9:45 AM, $.125. Sonat basis is not as liquid so I'm using the Inside Ferc differential for Feb 2002. For Feb 2002, Henry Hub is $2.03 and Sonat is $1.99, ($.04). At 10:00 AM, NYMX for March 2002 is $2.36
TCO Value $2.485 = $2.36 + $.125 Sonat Value $2.32 = $2.36 + ($.04)
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