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Enron Mail |
Maureen Smith and Ruth Concannon have raised some issues regarding how Brooklyn Union Gas is in the books, specifically, the final contract year (11/1/03 - 10/31/04) is not in the books at all (which will produce a gain when booked), and the current deal structure is telescoped incorrectly at Transco Zones 1,3, & 4 when it should be telescoped 17% at Zone 1, 25% at Zone 2, and 58% at Zone 3. This will produce a slight loss when rebooked, but the gain from booking the final year is more than enough to offset the loss.
The purpose of tomorrow is to review that issues and valuations with you & Frank before making any changes to the books. Please let me know if you have any other questions. Thanks! Kelli -----Original Message----- From: Neal, Scott Sent: Monday, November 26, 2001 3:37 PM To: Little, Kelli Subject: RE: BUG Rebooking What is this about? -----Original Appointment----- From: Irvine, Geraldine On Behalf Of Little, Kelli Sent: Monday, November 26, 2001 2:19 PM To: Concannon, Ruth; Vickers, Frank; Neal, Scott; Smith, Maureen; Horne, Jonathan Subject: BUG Rebooking When: Tuesday, November 27, 2001 3:00 PM-3:30 PM (GMT-06:00) Central Time (US & Canada). Where: ECS 5102
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