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Enron Mail |
When you have a few minutes, please take a look at the request below. My
thoughts are this product is not hedgable. I'm looking for another opinion and I figure you've probably seen everything under the sun. I don't need a response today but this week would be great. Thanks ---------------------- Forwarded by Louis Dicarlo/NA/Enron on 03/01/2001 06:52 AM --------------------------- Nelson Ferries 02/27/2001 01:19 PM To: Louis Dicarlo/NA/Enron@ENRON cc: Subject: Phillips Production Company - Hedge Louis: Can you take a look at this and respond to John Singer. ---------------------- Forwarded by Nelson Ferries/Corp/Enron on 02/27/2001 01:18 PM --------------------------- Enron North America Corp. From: John M Singer 02/27/2001 10:26 AM To: Nelson Ferries/Corp/Enron@ENRON cc: Subject: Phillips Production Company - Hedge Phillips Production would like to know if it is possible to do a Financial Hedge for both the NYMEX Settle and Basis. The attached scheudle calculates the Basis as a percentage of the NYMEX Settle instead of a traditional location basis. Please review. Can the Basis be hedged since it is based on the NYMEX Settle instead of a traditional location basis? Volume: 5,000 - 7,000 per day. Period is : Apr01 - Oct01
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