Notes to the Report
1.	Exposures are all provided from the perspective of Enron Canada.  Therefore a positive number means Enron Canada is "In the Money" (ie. dollars should be paid to us) and a negative means that Enron Canada is "Out of the Money".

2.	All dollars are US.

3.	This report uses the December 11, 2001 curve data for calculating mark to market positions.  The receivables and payables include outstanding payments or receipts from November physical business and December financial business, as well as projected December physicals for the period of flow during the month.

Jason

Enron Canada Corp.
3500 Canterra Tower
400 - 3rd Avenue S.W.
Calgary, Alberta
T2P 4H2
Tel:	(403) 974-6717
Fax:	(403) 974-6706


This information is provided to you pursuant to your request and is provided solely for informational purposes and without prejudice or limitation to any rights of Enron Canada Corp. or any of its affiliates.  This information reflects internal calculations made by Enron Canada Corp. which may or may not have been calculated in accordance with the provisions of any agreements between Enron Canada Corp. or any of its affiliates and you, and such information is subject to change at any time.  Further, Enron Canada Corp. and its affiliates make no representation or warranty, and shall have no liability whatsoever, relating to the accuracy, currency or completeness of this information and no person receiving this information shall, or is entitled to, rely on this information in any manner whatsoever.  This information is not intended to, and shall not in any way, bind or otherwise impose any legal or equitable obligation on Enron Canada Corp. or any of its affiliates (which are expressly released).