Enron Mail

From:houston <.ward@enron.com<
To:aavalos@pnm.com
Subject:RE: Balloon Fiesta
Cc:
Bcc:
Date:Wed, 3 Oct 2001 11:39:01 -0700 (PDT)

Art,

It looks like I won't be able to make it. I have some meetings set up that I seem to be unable to re-arrange. I really appreciate the invite though. Maybe next time. However, I am going to try to make it to Albuquerque before the end of the year. I will let you know what my plans are.

Thanks again for the invitation. Sorry I didn't get back to you sooner.

Kim

-----Original Message-----
From: "Avalos, Art" <AAVALOS@pnm.com<@ENRON [mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com]
Sent: Wednesday, October 03, 2001 12:14 PM
To: Ward, Kim S (Houston)
Subject: Balloon Fiesta


Kim, will you be able to make it to the Balloon Fiesta?
Need to know asap.
Thanks,
Art Avalos
-----Original Message-----
From: Kim.Ward@enron.com [mailto:Kim.Ward@enron.com << File: mailto:Kim.Ward@enron.com << ]
Sent: Tuesday, October 02, 2001 4:13 PM
To: AAVALOS@pnm.com
Subject: RE: 3rd Quarter of 2002 & year 2002
Art,
The premium for a monthly, physical, at the money call for Cal 02, 5000/day
delivered @ San Juan would be $.48. For Q3 only, the premium would be
$.49. I hope this is helpful. Let me know if you have questions or need
anything else. I will call you tomarrow about the balloon fest.
Thanks,
Kim
-----Original Message-----
From: "Avalos, Art" <AAVALOS@pnm.com<@ENRON
[mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com << File: mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com << ]
Sent: Tuesday, October 02, 2001 1:43 PM
To: Ward, Kim S (Houston)
Subject: RE: 3rd Quarter of 2002 & year 2002
This is for physical gas for a monthly call at the money.
The Balloon Fest schedule is Oct 10th (Wednesday evening)
through noon Friday (Oct. 12th).
Thanks,
Art
-----Original Message-----
From: Kim.Ward@enron.com [mailto:Kim.Ward@enron.com << File: mailto:Kim.Ward@enron.com << << File: mailto:Kim.Ward@enron.com << File: mailto:Kim.Ward@enron.com << << ]
Sent: Tuesday, October 02, 2001 11:45 AM
To: AAVALOS@pnm.com
Subject: RE: 3rd Quarter of 2002 & year 2002
Art,
We can price this up for you but I have a couple of questions -
1) Is this physical or financial
2) Is is a daily call or monthly call
3) Would you like this priced at the money or $.50, $1.00 or more out of
the money? I other words, what do you want your cap to be?
Thanks,
Kim
ps What is the schedule for the baloon fest the 10th - 12th? I'm trying
to work around some meetings etc.
-----Original Message-----
From: "Avalos, Art" <AAVALOS@pnm.com<@ENRON
[ mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com << File: mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com <<
<< File: mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com << File: mailto:IMCEANOTES-+22Avalos+2C+20Art+22+20+3CAAVALOS+40pnm+2Ecom+3E+40ENRON@ENRON.com <<
<< ]
Sent: Tuesday, October 02, 2001 12:09 PM
To: Ward, Kim S (Houston)
Subject: 3rd Quarter of 2002 & year 2002
Kim, just for planning purposes, what would it cost to have a call option
for year 2002 and for 3rd quarter of 2002 for 5,000 mmBtu's per day
from the San Juan basin?
Thanks
Art Avalos
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