Enron Mail

From:mark.taylor@enron.com
To:dale.neuner@enron.com
Subject:Re: Last day Nymex trading
Cc:stacy.dickson@enron.com, jennifer.denny@enron.com
Bcc:stacy.dickson@enron.com, jennifer.denny@enron.com
Date:Tue, 22 Feb 2000 03:43:00 -0800 (PST)

My only concern is that it looks like we are modifying the NYMEX price twice
- once in the second sentence and then again in th definition of Index.




Dale Neuner on 02/22/2000 11:35:14 AM
To: Mark Taylor/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT
cc: Jennifer deBoisblanc Denny/HOU/ECT@ECT
Subject: Last day Nymex trading



Mark - Trading would like to commence transacting Last day Nymex vs. Physical
delivery. So far each request is for an established Location. Attached please
find an example of one such transaction. Please review and offer
aproval/comments.


Jennifer, I am certain that we have already mapped this but if you could
please double check.

Index: NYMEX L1
Abb: L1
Descr: The Index shall be the settlement price for the last scheduled Trading
Day of the NYMEX Henry Hub Natural Gas Futures Contract, modified by the
price submitted by the Counterparty on the website, for the applicable
Determination Period.






Dale
3-9746