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Enerfax Daily 


Click here for  a daily email link

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Enerfax  Daily? -? Page  ? -? October 27,  2000? -? ? Need a  Past Issue 
-Click Here

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Enerfax  Daily? -? Page  ? -? October 27, 2000  

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Enerfax  Daily? -? Page  ? -? October 27,  2000

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Enerfax  Daily? -?  Page 6? -?  October 27, 2000

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country that want to participate in e-commerce opportunities  but cannot due 
to barriers of entry established by wholesalers.  



EnergyGateway.com Allows Producers Variable Levels of  Service Online? 

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? ?  EnergyGateway.com, an  e-community that offers customized energy 
transactions among  suppliers and consumers, has announced a new program that 
will allow  natural gas producers to transact online under variable or  
interruptible levels of service in addition to firm service  specifications. 
EnergyGateway.com lets the producer choose its level  of service when the 
offer is made, including swing, interruptible  and firm service. This lets 
buyers and sellers transact for any term  and is not simply a day-trading 
tool. Allowing more producers to  compete online can only add to the 
transaction savings achieved by  participants. To create an optimum portal 
for buyers and sellers, we  must have direct contact with the producer 
community in order to  meet the needs of our customers. This program can 
provide a service  to producers in any region of the 
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PSE&G and GE Sign $1 Billion-Plus Contract  



?  ? Public Service Enterprise Group plans to buy more than $1  billion in 
power plant turbines from General Electric. PSEG Power,  the utility owner's 
domestic electricity production and trading  unit, and GE Power Systems will 
announce specifics of the order  Tuesday at the New Jersey Performing Arts 
Center in Newark. GE Power  Systems says orders in the third quarter rose 90 
% to $7.3 billion.  Before this order, the division was expecting about $14.5 
billion in  sales this year. 


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Enerfax  Daily? -?  Page 7? -?  October 27, 2000

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For more information, please Contact Ron Ford
at Ziff Energy Group, Houston, TX 
(713) 627-8282 or Toll Free: 1-888-736-5780
Also, visit our web-site, www.ziffenergy.com, to review our  Brochure.

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Cabre to Sell Shallow Natural Gas Area

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Canada's Cabre  Exploration has agreed to sell its northeastern Alberta 
shallow  natural gas core area for $125 million cash, the assumption of  
certain transportation commitments and a gross overriding royalty  interest 
on 22,400 gross acres of oil sands leases. The area  represents 25% of its 
current production. Cabre is considering  either a share buyback or dividend 
with the proceeds.  

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Financial Summary

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The TSE 300 fell 83.10 points to 9428.70
The CRB  Index lost 1.95 points to 220.62
The US Dollar decreased  0.02 points to 118.43 The Dow advanced 53.64 points 
to  10380.12


The S&P 500 lost 0.46 points to 1364.44
The Nasdaq was  up 42.55 points to 3272.12
December NYMEX Crude Oil rose 0.79 to  33.75 Canadian-US Exchange climbed 
.0039 to 1.5115

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