BOLD  - AND I THINK WE"RE DONE !!!




To: Dale Neuner/HOU/ECT@ECT
cc:  
Subject: Re: Proposed new Index  

Green



Dale Neuner on 12/17/99 09:49:14 AM
To: Mark Taylor/HOU/ECT@ECT
cc:  
Subject: Re: Proposed new Index  

Mine are in BLUE; please revert.





To: Dale Neuner/HOU/ECT@ECT
cc:  
Subject: Re: Proposed new Index  

My comments are marked below in red.



Dale Neuner on 12/15/99 03:35:59 PM
To: Mark Taylor/HOU/ECT@ECT
cc:  
Subject: Re: Proposed new Index

Please approve or offer comments:


---------------------- Forwarded by Dale Neuner/HOU/ECT on 12/15/99 03:35 PM 
---------------------------


Marcello Romano
12/15/99 02:53 PM
To: Dale Neuner/HOU/ECT@ECT
cc:  
Subject: Re: Proposed new Index  

Looks fine - we need to get authorisation now.

M



Dale Neuner on 12/15/99 01:48:29 PM
To: David Forster/LON/ECT@ECT, Marcello Romano/LON/ECT@ECT
cc: Elsa Villarreal/HOU/ECT@ECT 

Subject: Proposed new Index



Index:  Gas Daily WAHA
Abbreviation: Waha
Sort Code: 3530


The Index for a calendar day shall be the average of the Daily Midpoint 
prices published for such calendar day under the heading "Daily Price Survey" 
in the Permian Basin Area: Tex intras, Waha area section of Gas Daily, or if 
a calendar day is not a Business Day then the price for such calendar day 
will be the [average of the Common High and Common Low] DAILY MIDPOINT price 
published on the next succeeding Business Day.

Should the word "area" after "Waha" be capitalized? It's not capitalized in 
the Gas Daily publication - so to consistent with the publication I did not 
capitalize.
On some Gas Daily products we are switching to the Gas Daily posted average - 
is this one of those?  Bob Bowen has been looking into this also. See above.