The physical basis offer indication for Dec - March at the City Gate is about $.32.  The fixed price indiation for the 38 month period you mentioned is approximately $4.39.    We need to discuss this structure in detail if you are serious about buying physical gas from us and we also need to get contracts in place. 
Let me know if there is anything else you need.

thanks,

Kim
 -----Original Message-----
From: 	"Louis Barton" <lbarton@hesinet.com>@ENRON  
Sent:	Wednesday, October 24, 2001 2:30 PM
To:	Kim Ward
Subject:	Winter strip and 38 month Gas Supply at PG&E Citygate


Kim: 
        I'm checking into a  PG&E citygate basis differential for the 4-months Dec.thru March off the  NYMEX for United Cogen in San Franscisco.  Right now, the 4-month  strip is about $3.03/dth. Whoops, make that $3.26/dth.
 
    Also, I'm checking  into a price for a 38 months firm gas supply at the Citygate to run from  6/1/03-7/31/06.  The volume would be in the 5,000-5,500 dth/day  range.  Everything at United was put on hold following the 9/11  disaster.  If you have any  questions, give me a call.  Is now a good time to buy Enron stock?   Hope you're all doing well.  
 
Louis Barton-Project Manager
Henwood Energy Services,  Inc.
1300 Parkwood Circle, Suite  100
Atlanta, GA  30339
Office: (770) 226-8482   ext. 13
Fax: (770)  226-8737LBarton@HESINET.com << File: mailto:LBarton@HESINET.com >>