Enron Mail |
As we discussed, ENA is going to release a portion of it's Medicine Bow
capacity to 2 different parties. We would like to begin this process and make sure we follow the proper procedures in the WIC tarriff. In addition we want to make sure that the releases are properly coordinated and go off without a hitch. The following are the terms of the releases and the counterparties. 1. Counterparty: J M Huber Corp. Quantity: 10,336 MMbtu/d Term: November 1, 2001 - the term of the contract Contract # 41066-000 2. Counterparty: J M Huber Corp. Quantity: 42,337 MMbtu/d Term: November 1, 2002 - the term of the contract Contract # 41066-000 3. Counterparty: CMS Transmission and Storage Quantity: 7,172 MMbtu/d Term: January 1, 2002 - the term of the contract Contract # 41066-000 4. Counterparty: CMS Transmission and Storage Quantity: 1,015 MMbtu/d Term: December 1, 2002 - the term of the contract Contract # 41066-000 5. Counterparty: CMS Transmission and Storage Quantity: 1,015 MMbtu/d Term: January 1, 2002 - November 30, 2002 Contract # 41075-000 ( Volumetric Firm) Each of these releases would be done with the following terms: 1. First bidder meeting minimum terms 2. Permanent release 3. Hide the minimum rate 4. The release will be at the contract rate 5. The release will be recallable 6. ENA will then follow up with a notice to WIC that we are giving up our recall rights at a later date Please let me know if this looks ok to you and let me know if each of these parties are authorized to do capacity releases with WIC. Thanks for your help. Mark
|