Enron Mail

From:chris.lambie@enron.com
To:geoff.storey@enron.com
Subject:FW: AECO Trades
Cc:
Bcc:
Date:Tue, 30 Oct 2001 09:26:16 -0800 (PST)

Sounds like you have been cleaning up aeco credit between Reliant and Sempra..... If you are in charge of reducing our credit exposure this is being proposed by Morgan and J. Aron.... Can you let me know what is happening......

-----Original Message-----
From: Peter Sherk <Peter.Sherk@morganstanley.com<@ENRON
Sent: Tuesday, October 30, 2001 9:44 AM
To: mark.griffith@gs.com; Lambie, Chris
Subject: AECO Trades

Chris and Mark,
As we discussed, I've itemized below a series of AECO basis trades that will help us to flatten out exposures.
I'll get a conference call going after the close. Let me know if there are any problems with this.
Thanks,
Peter


All these trades are CGPR USD AECO vs Last Day Nymex basis.
Z1H2
Morgan Stanley sells, Enron Buys 4.0 lots/day @ -.45 USD/MMBTU
J Aron sells, Morgan Stanley buys 4.0 lots/day @ -.45 USD/MMBTU
Enron sells, J Aron buys 4.0 lots/day @ -.45 USD/MMBTU
J3V3
Morgan Stanley sells, Enron Buys 1.5 lots/day @ -.44 USD/MMBTU
J Aron sells, Morgan Stanley buys 1.5 lots/day @ -.44 USD/MMBTU
Enron sells, J Aron buys 1.5 lots/day @ -.44 USD/MMBTU
X3V4
Morgan Stanley sells, Enron Buys 0.5 lots/day @ -.42 USD/MMBTU
J Aron sells, Morgan Stanley buys 0.5 lots/day @ -.42 USD/MMBTU
Enron sells, J Aron buys 0.5 lots/day @ -.42 USD/MMBTU