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From:danny.mccarty@enron.com
To:kay.miller@enron.com
Subject:FW: PG&E 2001 Capacity Release Transactions on Transwestern
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Date:Tue, 30 Oct 2001 06:29:54 -0800 (PST)

Cc: stanley.horton@enron.com
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Mary Kay,
It seems that others have benefited handsomely from the volatility in Permian/SanJuan to Cal. border prices. Interesting, isn't it?
Dan

-----Original Message-----
From: Corman, Shelley
Sent: Monday, October 29, 2001 4:39 PM
To: McCarty, Danny; Harris, Steven; Watson, Kimberly
Subject: PG&E 2001 Capacity Release Transactions on Transwestern Pipeline
Importance: High


FYI

While I have been periodically giving updates on the above max rate capacity release activity, I was surprised by the magnitude of the PG&E value above max. rates.
For the 12 months ended 9/30/01 we had net cash payments to PG&E. (approx $18 mil revenues to Cal. + $5.6 revenue on San Juan - $28 million in above max rate capacity release activity = ($4.4) million