Enron Mail

From:russell.diamond@enron.com
To:dan.hyvl@enron.com
Subject:Re: JER/BRE Austin Tech
Cc:gary.lamphier@enron.com
Bcc:gary.lamphier@enron.com
Date:Wed, 10 Jan 2001 03:08:00 -0800 (PST)

Dan,

See attached.


---------------------- Forwarded by Russell Diamond/HOU/ECT on 01/10/2001
11:03 AM ---------------------------



From: Russell Diamond
01/10/2001 10:32 AM





To: Dan J Hyvl/HOU/ECT@ECT
cc: Gary W Lamphier/HOU/ECT@ECT
Subject: Re: JER/BRE Austin Tech

Hey Dan, Gary,

Gary entered into this transation to sell this counterparty 1,000 mmbtu/d at
an Index related price with a Put option of $3.50 and a premium of 0.095. As
I understand it, Gary will never be buying gas from his counterparty and this
is the only transaction he plans on doing with the counterparty. If this is
the case, I would think only a Master Sales agreement would be needed instead
of a Master Purchase Sale Agreement and thus a Credit Worksheet is not
needed. Please let me know if this is not the case.

Thanks
Russell





Enron North America Corp.

From: Gary W Lamphier 01/09/2001 01:51 PM


To: Dan J Hyvl/HOU/ECT@ECT, Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: JER/BRE Austin Tech

Russell,
Please let Dan know you have approved this deal.



Dan J Hyvl
01/09/2001 11:37 AM
To: Gary W Lamphier/HOU/ECT@ECT
cc: Russell Diamond/HOU/ECT@ECT
Subject: Re: JER/BRE Austin Tech

Gary,
Credit has a hold on this deal. As you are aware, we need a credit
worksheet before we can generate the proposed contract. If you can get
Russell Diamond to issue a credit worksheet to me, I will be glad to start
work on the request.



Gary W Lamphier
01/09/2001 11:13 AM

To: Dan J Hyvl/HOU/ECT@ECT
cc:
Subject: JER/BRE Austin Tech

Dan,
Did we ever send a contract out ot these guys? I know we discussed it but I
bet I never requested a contract. Let me know.