RE: NL1 vs Pen spread

Kevin,

Please change the Descriptor from

US Gas Fin Spd Nymex NL1 vs PEN Sep01 USD/MM-L

to

US Gas Fin Spd Nymex LD vs PEN Sep01 USD/MM-L

all else looks fine.

Dutch

-----Original Message-----
From: Meredith, Kevin
Sent: Wednesday, July 18, 2001 3:04 PM
To: Arnold, John; Quigley, Dutch
Subject: NL1 vs Pen spread

Please review the proposed description of the Nymex NL1 vs PEN spread in the attached document. I will schedule a meeting with Mark Taylor (Legal) to discuss this new index as soon as I hear back from you.

Kevin
(713) 853-9555

<< File: Gas spd NL1 vs PEN.doc <<