Enron Mail

From:david.delainey@enron.com
To:rick.buy@enron.com, ted.murphy@enron.com
Subject:Gas V@R
Cc:jeff.skilling@enron.com, mark.frevert@enron.com, john.lavorato@enron.com
Bcc:jeff.skilling@enron.com, mark.frevert@enron.com, john.lavorato@enron.com
Date:Mon, 28 Aug 2000 03:29:00 -0700 (PDT)

Guys, it is my understanding that the incremental $5 MM in gas V@R, under an
interim authority, expires today. Given current market conditions, I would
request an extension of that interim limit - $45MM in total gas V@R for an
additional two weeks starting today.

Jeff, as per our meeting today, we may want to think about additional
permanent increases for gas and power V@R particularily given the Alberta
PPA's, the potential NStar deal and the current gas market as we enter the
winter season. I will take your lead on this one.

Regards
Delainey