Enron Mail

From:lbarton@hesinet.com
To:kward@ect.enron.com
Subject:3 Yr. Gas Supply at PG&E Citygate & "No-cost" Collar
Cc:
Bcc:
Date:Tue, 21 Aug 2001 15:12:41 -0700 (PDT)


Kim:
It's been a little while since I last spoke to you (about the call option), but I'm checking if you have a refreshed price for a 39 months firm gas supply at the PG&E Citygate to run from 6/1/03-8/31/06. The volume would be at least 5,000 dth/day. I'd also like to see the indicative prices of a "no-cost" collar for this time period; for example, if I'm interested in a ceiling at $5.00, would the floor price be $3.75/dth, $4.00/dth? The call options premiums were just too expensive.

If you have any questions, give me a call. And thanks again for all your help.

Louis Barton-Project Manager
Henwood Energy Services, Inc.
1300 Parkwood Circle, Suite 100
Atlanta, GA 30339
Office: (770) 226-8482 ext. 13
Fax: (770) 226-8737LBarton@HESINET.com