Lou,

We are working up some prices for you today.  I will call you when we have those numbers.  Let me know if you need anything else in the mean time.

Thanks,

Kim

 -----Original Message-----
From: 	"Louis Barton" <lbarton@hesinet.com>@ENRON [mailto:IMCEANOTES-+22Louis+20Barton+22+20+3Clbarton+40hesinet+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Tuesday, August 21, 2001 5:13 PM
To:	Kim Ward
Subject:	3 Yr. Gas Supply at PG&E Citygate & "No-cost" Collar


Kim: 
        It's been a little while  since I last spoke to you (about the call option), but I'm checking if you have  a refreshed price for a 39 months firm gas supply at the PG&E Citygate  to run from 6/1/03-8/31/06.  The volume would be at least 5,000  dth/day.  I'd also like to see the indicative prices of a "no-cost" collar  for this time period; for example, if I'm interested in a ceiling at  $5.00, would the floor price be $3.75/dth, $4.00/dth?  The call  options premiums were just too expensive.
 
    If you have any  questions, give me a call.  And thanks again for all your  help.
 
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 >>