Re: ECO Redirected Cargo

Where does our 50% (the 1.65 million dollars) show up? Can you provide me
with more details? Great job, guys.

Eric Gonzales
01/25/2001 02:02 AM

To: Wayne Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eric
Groves/HOU/ECT@ECT, Todd Peterson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Sierra/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul Y'Barbo/NA/Enron@Enron, Brad
Hitch/EU/Enron@Enron
cc: Greg Curran/CA/Enron@Enron, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey A Shankman/HOU/ECT@ECT
Subject: Re: ECO Redirected Cargo

Great job gentlemen! This deviation shows that Eco definitely has a
significant amount of option value which can be exploited with quick
reactions and favourable market movements.

Eric

Wayne Perry@ENRON_DEVELOPMENT
25/01/2001 00:20
To: Eric Gonzales/LON/ECT@ECT, Brad Hitch/EU/Enron@ENRON
cc: Rick Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: ECO Redirected Cargo

Finally completed tonight

Net to Enron LNG Marketing Company - $ 272,000 ( $0.10/ mmbtu )
Net to Eco about $3,300,000 ( Enron 50% share about $ 1,650,000 )

Enron total gain not counting ENA's trading desk margin is $1,922,000

Not bad for a single cargo.

Wayne