---------------------- Forwarded by Chris H Foster/HOU/ECT on 02/01/2001 
10:43 AM ---------------------------
   
	Enron Capital & Trade Resources Corp.
	
	From:  "Sean Breen" <sbreen@czn.com>                           02/01/2001 
10:19 AM
	

To: <Chris.H.Foster@enron.com>
cc: "Art Gelber" <agelber@gelbercorp.com> 
Subject: RE: Basis


I concur with the linkage of San Juan Basis to NYMEX deals identified in the
attached sheet.

-----Original Message-----
From: Chris.H.Foster@enron.com [mailto:Chris.H.Foster@enron.com]
Sent: Thursday, February 01, 2001 10:49 AM
To: sbreen@czn.com
Subject: Basis



---------------------- Forwarded by Chris H Foster/HOU/ECT on 02/01/2001
09:46 AM ---------------------------


 (Embedded     Enron Capital & Trade Resources Corp.
 image moved
 to file:      From:  "Charlie Sanchez"
 pic24370.pcx) <csanchez@pdq.net>
               01/25/2001 12:24 PM






Please respond to <csanchez@gelbercorp.com>

To:   "Chris Foster" <chris.h.foster@enron.com>
cc:   "Kim Ward" <kim.ward@enron.com>, "Arthur Gelber"
      <agelber@gelbercorp.com>
Subject:  Basis



The enclosed document links the basis transactions for the 200,000 MMbtu
done on 1/10/2001 to various February fixed-price deals.  Please confirm
that this is the information that is required to avoid taking on more
volume
than intended.

Kind regards,

Charlie Sanchez
Gelber & Associates

(See attached file: Feb Basis.xls)