Enron Mail

From:jonathan.mckay@enron.com
To:darren.cross@enron.com
Subject:RE: Enron Direct pricing update - SMED
Cc:
Bcc:
Date:Mon, 13 Aug 2001 06:48:56 -0700 (PDT)

1 year 4.51
2 year 4.675
3 year 4.75
5 year 4.85


-----Original Message-----
From: Cross, Darren
Sent: Friday, August 10, 2001 2:46 PM
To: Mckay, Jonathan
Subject: FW: Enron Direct pricing update - SMED

Jon, can you update some SMED prices for me. I would like to communicate to Kelly McNeill on Monday morning.

Darren

-----Original Message-----
From: Dickin, Mark
Sent: Friday, August 03, 2001 9:30 AM
To: 'kmcneill@smednet.com'
Cc: 'jwoolmer@smednet.com'
Subject: Enron Direct pricing update - SMED

Hi Kelly,

We have had a quick sell-off in gas prices this A.M. A tropical wave that some were fearing would develop into a hurricane has not progressed and the fear that Gulf of Mexico gas production facilities would be threatened has dissipated. As well, hedge fund selling has pushed the market a little lower.

Indicative prices, subject to revision, for SMED's load shape, commencing Nov. 1/01:

1 yr - C$4.50/GJ
2 yr - C$4.65/GJ
3 yr - C$4.76/GJ
5 yr - C$4.87/GJ

Please let me know if there is anything further I can do for you at the moment. I will be leaving on holidays later today and will be returning on Aug. 20/01. In my absence, Greg Mann (663-2817) and Kate Joslyn (663-2801) are familiar with SMED's requirements and would be pleased to assist.

Regards,
Mark Dickin
Sales Manager
663-2806