FW: West contracts

Please review these deal numbers with LADWP to determine if we should be delivering. Houston lists us as having a $279k MTM position on an index deal (that seems counter intuitive unless we paid up front for some sort of basis swap, or they are gas-indexed). They apparently deliver at Mead 230 and Palo Verde. Any light that can be shed on these would be helpful.

Steve

-----Original Message-----
From: Hiemstra, Nick
Sent: Monday, January 14, 2002 2:06 PM
To: Thome, Stephen
Cc: Baughman, Edward
Subject: West contracts

Steve,

Ed asked me to send you the deal numbers for LA Water & Power. They are index-forward deals that settle against different indices. Please check into the deals and let us know if we need to be scheduling these.

867350.01
867350.02
408250.01
408250.02
408250.03

Thanks.

- Nick