Enron Mail

From:russell.diamond@enron.com
To:susan.flynn@enron.com, susan.bailey@enron.com, tana.jones@enron.com
Subject:Fortune Energy Inc- Credit W/S
Cc:howard.sangwine@enron.com, barry.tycholiz@enron.com
Bcc:howard.sangwine@enron.com, barry.tycholiz@enron.com
Date:Tue, 6 Jun 2000 02:44:00 -0700 (PDT)

To All:

Attached is a credit worksheet requested by Barry Tycholiz and Howard
Sangwine with Enron Canada.

Please draft an ISDA agreement.

Thanks
Russell

Howard, a sugestion to help get his deal done; If a 3 to 6 month transaction
is done, instead of 2 years, the price movement will not be as great, and
the counterparty will most likely not have to post an L/C as the exposure
should fit under the credit line.