Enron Mail

From:chris.foster@enron.com
To:coganja@aol.com
Subject:Re: PPL Proposal
Cc:kim.ward@enron.com, sbreen@czn.com
Bcc:kim.ward@enron.com, sbreen@czn.com
Date:Sun, 1 Apr 2001 23:31:00 -0700 (PDT)

For April the indexes were as follows:

San Juan NGI - $4.51/MMBtu
SoCal: $12.56
PG&E SoCal: $7.71

So, PG&E is a lot less valuable but still decent at $3.31 spread.

Re: your question, the more I think about it the more I think PG&E is the
relevant index. A basket would be better for Citizens but less attractive to
Griffith. Can you sell them on the basket?

C



Enron Capital & Trade Resources Corp.

From: CoganJA@aol.com 03/31/2001 07:06 AM


To: Chris.H.Foster@enron.com
cc: sbreen@czn.com
Subject: Re: PPL Proposal


Thanks, Chris.

What are your thoughts on using a basket approach to the index? ?As an
alternative to just using either SoCal or PGE, we could use the average. ?
Would any other index points be appropriate?

See the attached file. ?I have provided for averaging the two indexes.

John

John A. Cogan

Johnco Group
3629 Lake Kristin Drive
Gretna, LA 70056
Phone ?(504) 392-7557
Cell ?????(504) 491-2874
Fax ?????(208) 730-4713
- EP-Socal GD PricesII.xls