Enron Mail

From:mark.whitt@enron.com
To:gerald.nemec@enron.com
Subject:WIC Medicine Bow Release - Revised
Cc:
Bcc:
Date:Tue, 27 Mar 2001 01:00:00 -0800 (PST)

----- Forwarded by Mark Whitt/NA/Enron on 03/27/2001 08:59 AM -----

Mark Whitt
Sent by: Mark Whitt
02/26/2001 01:23 PM

To: clancy.aschbrenner@coastalcorp.com, steven.saye@coastalcorp.com
cc:
Subject: WIC Medicine Bow Release - Revised


Thanks for catching my mistake guys. The package #2 with Huber should have
been 42,377. In addition we did discuss not revealing the bid package until
the open season begins.

We will contact you soon about arranging the release.

Thanks for the help.

Mark
----- Forwarded by Mark Whitt/NA/Enron on 02/26/2001 01:20 PM -----

Mark Whitt
Sent by: Mark Whitt
02/20/2001 11:03 AM

To: clancy.aschbrenner@coastalcorp.com, steven.saye@coastalcorp.com
cc: Paul T Lucci/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT, Stephanie
Miller/Corp/Enron@ENRON
Subject: WIC Medicine Bow Release

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