Enron Mail

From:paulo.issler@enron.com
To:john.griffith@enron.com
Subject:Re: Phillips Production Company - Hedge
Cc:nelson.ferries@enron.com, louis.dicarlo@enron.com, tom.barkley@enron.com,john.singer@enron.com
Bcc:nelson.ferries@enron.com, louis.dicarlo@enron.com, tom.barkley@enron.com,john.singer@enron.com
Date:Mon, 12 Mar 2001 03:31:00 -0800 (PST)

John:

The position is hedgeable. Tom Barkeley, from our group, has put together a
spreadsheet showing the necessary combination of digitals and europenas to
make it happen. We will be glad to assist you pricing that.



Paulo Issler




John Griffith@ENRON
03/09/2001 12:42 PM
To: Paulo Issler/HOU/ECT@ECT
cc:
Subject: Phillips Production Company - Hedge


---------------------- Forwarded by John Griffith/Corp/Enron on 03/09/2001
12:45 PM ---------------------------


Louis Dicarlo
03/01/2001 06:55 AM
To: John Griffith/Corp/Enron@Enron
cc:

Subject: Phillips Production Company - Hedge

When you have a few minutes, please take a look at the request below. My
thoughts are this product is not hedgable. I'm looking for another opinion
and I figure you've probably seen everything under the sun.

I don't need a response today but this week would be great. Thanks

---------------------- Forwarded by Louis Dicarlo/NA/Enron on 03/01/2001
06:52 AM ---------------------------


Nelson Ferries
02/27/2001 01:19 PM
To: Louis Dicarlo/NA/Enron@ENRON
cc:

Subject: Phillips Production Company - Hedge

Louis:

Can you take a look at this and respond to John Singer.
---------------------- Forwarded by Nelson Ferries/Corp/Enron on 02/27/2001
01:18 PM ---------------------------

Enron North America Corp.

From: John M Singer 02/27/2001 10:26 AM


To: Nelson Ferries/Corp/Enron@ENRON
cc:

Subject: Phillips Production Company - Hedge

Phillips Production would like to know if it is possible to do a Financial
Hedge for both the NYMEX Settle and Basis. The attached scheudle calculates
the Basis as a percentage of the NYMEX Settle instead of a traditional
location basis. Please review.

Can the Basis be hedged since it is based on the NYMEX Settle instead of a
traditional location basis?

Volume: 5,000 - 7,000 per day.
Period is : Apr01 - Oct01