Enron Mail |
Eric (Moon) and John, attached are the tickets for the physical part of the
Preston VPP deal. Please work with Will Kelly to have them entered into Sitara and provide me with the deal numbers. Eric (Wardle), we'll need to get contract numbers established for the Counterparty Firm Agreement (ECT Merchant Investments) and the Counterparty Spot Agreement (St. Mary's Production LLC). Have either of these agreements yet been executed? If not, should we generate a spot gtc for the St. Mary's spot production? George x3-6992 ---------------------- Forwarded by George Weissman/HOU/ECT on 12/20/2000 08:31 AM --------------------------- Enron North America Corp. From: George Weissman 12/19/2000 08:03 AM To: Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron cc: Gary Bryan/HOU/ECT@ECT, Eric Wardle/HOU/ECT@ECT, Linda Roberts/NA/Enron@Enron, Jill T Zivley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron Subject: St. Mary's Production LLC VPP Hunt Oil Company Myette Point Northwest Field St. Mary Parish, LA Eric & John ECT Merchant Investments Corp. has entered into a Volumetric Production Payment agreement with St. Mary's Production LLC which provides for the dedication of St. Mary's non-operated gas production from the Hunt Oil Company operated Myette Point Northwest Field. ECT Merchant Investments Corp. has arranged for the Enron North America Upstream Wellhead Desk to manage the sale, nomination and transport of this production. Could you please get us a quote to purchase this wellhead gas on a firm basis based on the following: a. 18 month term commencing 1/1/2001 and ending 6/30/2003 b. firm purchase and firm transport for 90% of the wellhead volume, starting at 90% of 11,567 per day and declining as defined on the last tab labelled "Volume" on the spreadsheet attached c. gas daily purchase and interruptible transport for the remaining 10% of the wellhead volume Enron Upstream will keep the desk financially whole should volumes for the 90% firm component fail to show up on any given day of the 18 month term Drafts of proposed Deal Tickets are attached. George x3-6992
|