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