mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com is the unsubscribe address for $subst ('Recip.EmailAddr') This email contains both the web and text version. The text version is located at the very end of the newsletter. The web version is available to Outlook users and will take a minute to appear. 
If you can not view this email visit http://www.enerfax.com for today's power & natural gas prices & news. ----- Pure Text & Lotus Users subscribe to the pure text version by clicking <http://www.modernmediaohio.com/subscribe/enerfax.htm> 



Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
Friday, September 28, 2001 No. 835
Visit our website at: <http://www.enerfax.com/> 
For Oil Prices & News write enerfaxgold-subscribe@egroups.com <http://enerfaxgold-subscribe@egroups.com/>
or go to <http://www.enerfaxgold.com/>




PHYSICAL NATURAL GAS PRICES 
Gulf/Eastern Region 
| Agua Dulce | 1.78 |
| ANR SE | 1.87 |
| Carthage TG | 1.85 |
| Chicago Citygate | 1.94 |
| Columbia Gulf Onshore | 1.86 |
| Dominion South Point | 2.18 |
| Henry Hub | 1.89 |
| Houston Ship Channel | 1.89 |
| Katy Hub | 1.84 |
| NGPL - Midcontinent | 1.74 |
| NGPL STX | 1.86 |
| NGPL TX/OK | 1.85 |
| NNG Demarc. | 1.80 |
| Niagara | 2.21 |
| Sonat Tier 1 | 1.90 |
| TCO IPP Pool | 2.24 |
| Tetco ELa | 1.93 |
| Tetco M-3 | 2.19 |
| Tetco STX | 1.87 |
| TGP Zone 0 | 1.86 |
| TGP Zone 1 500 Leg | 1.96 |
| TGT Zone SL | 1.86 |
| New York Citygate | 2.24 |
| Transco Station 65 | 2.10 |
| Transco Zone 6 (NY) | 2.25 |
| Trunk ELa | 1.86 |
| Western Region 
| California Border | 1.79 |
| El Paso Permian | 1.66 |
| El Paso San Juan | 1.35 |
| Waha Hub | 1.69 |
| Canadian/Rockies Region 
| Nova/Aeco (C$/gig) | 2.16 |
| Dawn Hub/Union | 2.19 |
| Northwest Stanfield | 1.52 |
| Wyoming Pool | 1.38 |
| Opal/Kern River | 1.37 |
| PGT-Malin | 1.54 |
| Sumas | 1.46 |
Flow Dates 09/28-30
---------------------------------------------


And now there's FASB 133. 



So history will affect reported earnings, because hedge efficiencies and derivative valuations will hit the bottom line. At FAME, we deliver quality historical information and analysis. For your FREE copy of the recent report, Protecting Your Earnings: Managing the FASB 133 Challenge, click here <http://www.linkcounter.com/go.php?linkid=148711> or visit <http://www.fame-energy.com/>

--------------------------------------------
NATURAL GAS FUTURES
Henry Hub 
12 Month Strip 2.7675 
18 Month Strip 2.9098 
| Month | High | Low | Close | Change |
| NOV | 2.300 | 2.210 | 2.253 | +0.000 |
| DEC | 2.670 | 2.595 | 2.624 | -0.009 |
| JAN | 2.865 | 2.800 | 2.826 | -0.009 |
| FEB | 2.860 | 2.800 | 2.826 | -0.009 |
| MAR | 2.830 | 2.770 | 2.794 | -0.011 |
| APR | 2.780 | 2.720 | 2.736 | -0.014 |
| MAY | 2.805 | 2.740 | 2.761 | -0.014 |
| JUN | 2.860 | 2.790 | 2.813 | -0.014 |
| JUL | 2.895 | 2.840 | 2.858 | -0.015 |
| AUG | 2.930 | 2.890 | 2.899 | -0.014 |
| SEP | 2.930 | 2.880 | 2.899 | -0.012 |
| OCT | 2.950 | 2.910 | 2.921 | -0.010 |
-------------------------------------------------------------


Natural Gas Futures End Flat 




Natural gas futures for November delivery on the NYMEX went nowhere yesterday, failing to break above $2.30 per MMBtu and settling at $2.253 per MMBtu, unchanged from Wednesday. Trading was thin as many traders were out of the ring for a religous holiday. On the positive side, the first month of the winter strip's support held at $2.21 per MMBtu and did not gravitate toward the October futures expiration or physical prices, as volatility has absolutely fled the market. The December contract lost $0.009 to $2.624 per MMBtu, trading within a narrow $0.075 range. So attention remains fixed on the $0.42 differential between the October expiration and the November contract. With $2.21 setting up to be a pivotal support level, a breakdown below $2.20 could be deemed a failure. If the market sees no strength today ahead of a low-demand weekend, expect another sell-off ahead of what happened last Monday when the October contract sold down $0.20 to 30-month lows. Extremely bearish fundamentals remain in place, from weather, to storage, to lack of industrial load and hurricanes. So look for the November contract to trade downward in the next few days in an effort to resolve that high spread. However, trading for today into the weekend remains a tough call as the market has not shown a willingness to go anywhere lately. Next week, the NYMEX extends energy trading from 10 AM to 2 PM EDT, except for Wednesday, which will trade 10 AM to 2:30 PM to accommodate trading after the AGA storage report. The latest NWS forecast for next week calls for below normal weather for the Eastern half of the US, from Texas into the Northeast, and above normal in most of the West. Natural gas for next day delivery across the US was generally flat to $0.05 lower yesterday. Canadian spot prices were up $0.05 $0.10 per MMBtu. Natural gas for next day delivery at the Henry hub dipped $0.01 to $1.89 per MMBtu. 
-------------------------------------------------------------


RISK MANAGEMENT 
Across the Energy Enterprise



e-Acumen, Inc., is uniquely positioned to help you manage risk and 
increase value. That's because our analytics, data and applications 
cover all strategic aspects of the energy enterprise, from short-term 
forecasting to comprehensive risk analysis and portfolio optimization, 
to asset valuation and weather risk management. Dedicated to the needs 
of energy and trading companies in a dynamic and competitive world, our 
approach combines best-in-class physical fundamentals with 
industry-leading statistical methodologies. 

e-Acumen is a venture-backed company founded in January, 1997. Since 
then we have listened attentively to the market and assembled a stellar 
cast of seasoned energy industry professionals and Silicon Valley 
technologists. Join us as we help the industry continue its path toward 
liquidity and profitable, risk-managed growth in the exciting years 
ahead!



Click here <http://www.linkcounter.com/go.php?linkid=172056> to find out more about current special offers, or go to 
<http://http;//www.e-acumen.com>


---------------------------------------------------------
POWER FUTURES 
| Month | COB | Change | PV | Change |
| OCT | 33.00 | +0.00 | 31.50 | +0.00 |
| NOV | 31.50 | +0.00 | 34.00 | +0.00 |
| DEC | 33.50 | +0.00 | 38.00 | +0.00 |
| JAN | 32.50 | +0.00 | 37.50 | +0.00 |
| FEB | 31.50 | +0.00 | 35.00 | +0.00 |
| MAR | 31.00 | +0.00 | 33.00 | +0.00 |
| APR | 32.00 | +0.00 | 33.50 | +0.00 |
| MAY | 36.00 | +0.00 | 33.50 | +0.00 |
| JUN | 42.00 | +0.00 | 33.50 | +0.00 |
| JUL | 52.00 | +0.00 | 44.00 | +0.00 |
| AUG | 57.00 | +0.00 | 44.00 | +0.00 |
| SEP | 44.50 | +0.00 | 44.00 | +0.00 |
| Month | Entergy | Change | Cinergy | Change |
| OCT | 24.15 | +0.00 | 25.85 | +0.00 |
| NOV | 24.20 | +0.00 | 26.10 | +0.00 |
| DEC | 25.90 | +0.00 | 27.50 | +0.00 |
| JAN | 27.50 | +0.00 | 29.50 | +0.00 |
| FEB | 27.50 | +0.00 | 29.50 | +0.00 |
| MAR | 27.25 | +0.00 | 27.75 | +0.00 |
| APR | 27.25 | +0.00 | 27.75 | +0.00 |
| MAY | 29.75 | +0.00 | 31.25 | +0.00 |
| JUN | 39.00 | +0.00 | 41.25 | +0.00 |
| JUL | 50.00 | +0.00 | 54.75 | +0.00 |
| AUG | 50.00 | +0.00 | 54.75 | +0.00 |
| SEP | 26.00 | +0.00 | 28.15 | +0.00 |
-----------------------------------------------------------
POWER FUTURES
| Month | PJM | Change |
| OCT | 29.70 | +0.00 |
| NOV | 28.90 | +0.00 |
| DEC | 32.00 | +0.00 |
| JAN | 36.00 | +0.00 |
| FEB | 36.00 | +0.00 |
| MAR | 32.50 | +0.00 |
| APR | 32.50 | +0.00 |
| MAY | 33.75 | +0.00 |
| JUN | 44.25 | +0.00 |
| JUL | 59.75 | +0.00 |
| AUG | 59.75 | +0.00 |
| SEP | 32.00 | +0.00 |
------------------------------------------------------------
Natural Gas NYMEX Volume
01NOV 623
01DEC 0
02JAN 95
02FEB 0 
02MAR 50
02APR 2
02MAY 0
02JUN 0
02JLY 0
02AUG 0
02SEP 2
02OCT 0
02NOV 0
02DEC 9
03JAN 5
03FEB 0
03MAR 0
03APR 2 
03MAY 0
03JUN 0
03JLY 0
03AUG 0 
03SEP 0
03OCT 0
-----------------------------------------------------------
GET REAL about energy risk management with KWI

In today's fast moving energy markets you need to be able to manage risk in real time.

That means knowing before you hit a risk problem, not afterwards when it may be too late to prevent big losses spreading right through your enterprise.

With kW3000(tm), our multi-commodity, integrated front to back office software, you can monitor your Profit At Risk(tm), counterparty risk and mark-to-market all in real time.

Keep alert to risk. Do it in real time. Call KWI -Americas: +1-281-681-3301 / Europe: +44 (0) 20-7386-2700 / Asia Pacific:
+61(0) 2-9976-6111
<http://www.kwi.com/> 
--------------------------------------------------------------
Natural Gas Options 
| | Closing | Days | Implied ATM |
| Month | Price | Left | Volatility |
| NOV | 2.253 | 31 | 73.24% |
| DEC | 2.633 | 63 | 65.30% |
-----------------------------------------------------------



ENERGY.
@ENERGY, FEA's Complete Suite of Energy Products,
BUILT FOR THE FUTURE.



*Manage all your energy risks.
*Build and Price deals.
*Value physical assets (generation, storage, etc.)
*Report and reduce your energy risks

FEA
FINANCIAL ENGINEERING ASSOCIATES
<http://www.fea.com/>
main phone number: 1 510-548-6200
email address: info@fea.com <http://info@fea.com/>
---------------------------------------------------
PHYSICAL POWER PRICES
| | High | Low | Average |
| | $/MWh | $/MWh | $/MWh |
| Cinergy | 17.85 | 16.50 | 17.60 |
| ECAR | 20.00 | 18.85 | 19.50 |
| ERCOT | 17.00 | 15.50 | 16.70 |
| Entergy | 17.10 | 16.25 | 16.55 |
| TVA | 21.95 | 20.65 | 21.05 |
| ComEd | 17.20 | 15.05 | 16.10 |
| Nepool | 32.25 | 31.10 | 31.65 |
| PJM West | 24.00 | 23.50 | 23.70 |
| Main | 17.90 | 16.00 | 17.15 |
| MAPP | 17.15 | 15.25 | 16.30 |
| Palo Verde | 25.50 | 23.00 | 24.90 |
| Mid C | 19.00 | 18.25 | 18.65 |
| COB | 20.50 | 19.75 | 20.30 |
| 4 Corners | 24.75 | 23.75 | 24.25 |
| Mead | 25.00 | 24.00 | 24.40 |
| NP 15 | 20.50 | 19.75 | 22.25 |
| SP 15 | 23.00 | 19.00 | 21.55 |
---------------------------------------------
NESA
National Energy Services Association 
Contact us at 713/856-6525
<http://www.nesanet.org/> 
--------------------------------------------------------


Power Generation Sales



Increase your sales of power generation equipment. Attend Gas Technology
Institute's Advanced Natural Gas Power Generation Workshop for natural gas sales/marketing professionals, October 29-November 2, in downtown Chicago.
To register online, go to www.gastechnology.org <http://www.gastechnology.org/> and click on Training & Education. Or call (847) 768-0783, or HTML Users CLICK HERE <http://www.linkcounter.com/go.php?linkid=173645> and text users please go to
<http://education.igt.org/IGT/Published/IGT_Catalog.nsf/b25e94851e1c4cf5862567530059619d/5abc68b88c53724186256a9d006474a3?OpenDocument>
-------------------------------------------------------
Today's Power Bulletins
* San Juan Coal Fired 498 MW Unit 4 Power Plant in New Mexico Returns to Service
* BP and Cinergy Add New 570 MW Power Plant at Texas City Refinery
* Moody's Rates Idaho Power Credit A3
* S&P May Cut Reliant Resources Ratings
* Moody's May Raise Orion Power Ratings
* Merrill Lynch Raises Investment Rating on Massey Energy to Buy from Accumulate 2 Days After Coal Producer Lowers 4th Quarter Estimates
* Ballard Announces Commercial Launch of Portable Nexa TM Power Module
* Millennium Cell to Demonstrate Fuel System with New Ballard Nexa Fuel Cell at Hydrogen Expo in Germany
* Westmoreland and Montana-Dakota Utilities Sign Agreement with North Dakota Industrial Commission for LV-21 Power Project
* Teledyne Energy Systems Completes Initial Testing of 3-Kilowatt Prototype Stationary Fuel Cell Power System
* Cinergy Announces Organizational Changes
-------------------------------------------------------


Reliant Acquires Orion 




Reliant Resources will buy Orion Power Holdings for about $2.9 billion in cash. The deal will boost Reliants current generating capacity from 14,100 MW to 25,100 MW, either currently in operation or under construction. Orion operates primarily in New York, Ohio and Pennsylvania. The move will provide Reliant with some strategically placed assets in the transmission-challenged New York City market. Reliant will pay $26.80 per share for Orion, which is about a 40% premium based on its current NYSE price of $19.20 and would assume $1.8 billion of Orion's debt. The purchase will be paid for by cash on hand, $400 million of current credit and a new bridge loan of $1.6 - $1.8 billion. The acquisition would give Reliant a $7.7 billion market capitalization. With deregulation and growing demand for power, it is estimated that at least 180,000 MW of generation capacity will be needed in the US by 2002. The onset of the retail power market resulted in 16% of the nation's generation capacity changing hands, and the other 84% may change ownership over the next 10 years.
--------------------------------------------------------
Todays Gas Bulletins
* Duke Maintains 2001 Earnings Forecast of 10% - 15% Higher than Last Years $2.10 per Share
* Sasol Chevron Still Waiting for Australian Government Support for Proposed Multi-Billion Dollar Gas-to-Liquids Plant
* Canadian Energy Shares Rebound Pacific Gas and Electric Expects Natural Gas Prices to Decrease More than 50% Over Last October
* El Paso Energy Partners Extends Expiration Date of Exchange Offer Relating to 8.5% Senior Subordinated Notes Due 2011
* ANWR Exploration Gains Support as Need for Energy Policy is Top Issue
* Westcoast Energy Converts Preferred Shares
* Sasol to Spend $1 Billion Over the Next 2 Years as Part of Growth Plan
-------------------------------------------------------


Energy Sponsor



Become the Official Sponsor of the Enerfax Publications. This unique opportunity is limited to one special company or organization. For more information please write 
sponsor@enerfax.com <http://sponsor@enerfax.com/>

This advertisement will be viewed over 5 million times during the year. It will be seen on our web and in the 20,000 emails sent out each business day. A 3x 4.5 ad space or banner on the web which includes 15 lines in the text versio, begins at $1000 for the entire month. Write Advertise@enerfax.com <http://advertise@enerfax.com/>
-------------------------------------------------------



SUNGARD

Solutions for Success in Energy Trading



Epsilon and Panorama Energy
Risk and complexity are inevitable components of every trading transaction within today's volatile energy market. Having the right tools to manage and control those risks has become a determining success factor. SunGard provides those tools with Epsilon and Panorama Energy - comprehensive solutions designed to create measurable competitive advantages for energy trading organizations and utility companies worldwide.

To receive more information or a free demonstration, we invite you to contact us at 713-266-7771 or visit our web site at <http://risk.sungard.com/ENERGY>
--------------------------------------------------------


Former Trinity CEO Pleads Guilty




Sidney Sers, Trinity Gas former chief executive, has pled guilty to money laundering and obstruction of justice charges and could face life in prison and a $15 million fine. Sers admits to transferring $800,000 made in violation of 1997 and 1998 court orders. The charges stem from a SEC probe of Sers and Trinity. Both were charged with bilking investors out of millions of dollars by issuing a number of false and misleading statements intended to boost the company's shares, allowing officers to sell stock at inflated prices. A sentencing date has not yet been set. Sers transferred Trinity shares to a Cayman Island bank account from a Louisiana account bearing his daughter's name. He admitted laundering those proceeds to Columbia, where he lived as a fugitive in 1998. He also admitted converting $100,000 into cashiers checks. 
--------------------------------------------------------


Ziff Energy Group presents the





North American Gas Strategies Conference





November 5 7 Calgary 



The Future of Western Canada's
Gas Supply: Stretched to the Limit?
& e-Solutions: Next Generation Concepts for the E&P Sector

Join us for frank, in-depth discussion on the future of the Western Canada Sedimentary Basin. Top Canadian & U.S. gas industry leaders will address urgent concerns. 

Day 1: Gas Outlook 2002: Supply, Pipelines, Markets, Price Outlook
Day 2: Western Canadian Gas Supply Featuring speakers such as:
Ed Weber, Chairman, Reliability Assessment, ERC Don Albon, Senior Vice President Aquila Capital & Trade
Ken Vollman, Chairman & CEO National Energy Board
Terry Schmidtke, GM Great Plains Business Unit PanCanadian 
Ted Bogle, VP Exploration Talisman Energy
Ken Sinclair, Chair Coalbed Methane Association
Graeme Phipps, VP Exploration - Petro-Canada
Nellie Cournoyea, Chair & CEO Inuvialuit Regional Corporation

Executive Roundtable 6 CEOs from Canada & US discuss the outlook for the
Western Canadian Basin. Including: Anadarko, Burlington Resources, 
Apache Canada, PanCanadian, Compton and Conoco.

Plus
Day 3: eSolutions: Next Generation Concepts for the E&P Sector

Register for One, Two or Three Days <http://www.ziffenergyconferences.com/> 

or call 1-800-853-6252

--------------------------------------------------------


Exelon Lowers 3rd Quarter Earnings Forecast 




Exelon said 3rd quarter profit will be about 25% below forecasts due to lower demand for electricity. With the downturn in the nations economy, electricity usage by manufacturers has dropped, and with milder temperatures than expected, air conditioning use slumped during the summer. Exelon was formed when Peco Energy merged with Unicom. The company's ComEd and Peco Energy utilities have about 5 million electricity customers in northern Illinois and southeastern Pennsylvania. Peco also sells natural gas to 425,000 customers in the Philadelphia area. Since Exelon has few plants that burn natural gas, it has not been able to take advantage of falling prices. Exelon expects to earn $1.10 to $1.20 per share, lowered from predictions of $1.35 to $1.80 per share. Analysts had forecast a profit of $1.57. Exelon stock fell $5.95 to $44.50, dropping about $1.9 billion from its market value. Its shares have dropped 37% this year. 
--------------------------------------------------------


ZIFF ENERGY GROUP: NEW INDEPENDENT STUDY 

NORTHERN GAS

PROSPECTS and IMPACTS



Ziff Energy Fundamental Analysis + Scenario Analysis utilizing GPCM
 Model

This 160+ page comprehensive multi-client assessment focuses on the critical issues and challenges facing the commercialization of the Northern gas in Alaska and the Canadian Mackensie Delta area and the impact of this gas on the North American natural gas market.

? Timing and volume scenarios for these new deliveries
? Impact on North American Markets - target markets 
? Pipeline Infrastructure: Flow Dynamics - Capacity Needs
? Critical Regulatory Issues
? Impact on key North America Gas Prices.

These assessments will answer your questions and provide our independent unbiased insight and commentary on this "mega" natural gas supply. 

To subscribe or for more information, please call toll free Ron Ford in Houston at
1-888-736-5780 e-mail to: rford@ziffenergy. or
Bill Gwozd in Calgary at 1-800-853-6252 e-mail to: bgwozd@ziffenergy.com <http://bgwozd@ziffenergy.com/> 

Visit our website at <http://www.ziffenergy.com/>
http://<http://www.ziffenergy.com/> to preview our marketing brochure.
----------------------------------------------------------


Williston Basin Plans New Pipeline



Williston Basin Interstate Pipeline plans to file for FERC approval to build 245 miles of 16-inch natural gas pipeline across parts Wyoming, Montana and North Dakota. The pipeline, expected to begin north of Gillette, Wyoming and end south of Killdeer, North Dakota, initially would be capable of transporting from 80 - 120 MMcf per day. Additional transportation capacity could be added incrementally as natural gas production grows. Initially, the pipeline is expected to have 3 large compressor stations - one on the south end of the route in Wyoming, another in eastern Montana and the third in North Dakota. Additional transportation capacity through the pipeline can be made available by adding more compression facilities. The pipeline would transport volumes from developing coal-bed and conventional natural gas production in central Wyoming and south central Montana to interconnecting pipelines that will transport it to large Midwestern markets. The selection of the pipeline's route is nearly complete and initial surveying work has begun. After FERC approval, construction could begin in third quarter of 2002, with transportation service slated to begin in late 2002. 
--------------------------------------------------------
YOU DESIGNED IT. WE BUILT IT.



ZaiNet GasMaster II



Today's most comprehensive gas trading, scheduling and accounting system.





CAMINUS
Your Competitive Edge in Energy

Call us at (212)515-3700 or visit us at the website <http://www.caminus.com/>
-------------------------------------------------------


Gulf of Mexico Natural Gas Volumes Declining



The Gulf of Mexico will remain an important source for natural gas, but is unlikely to meet projected soaring demand in the next few years. Since the mid-1980s the focus has shifted increasingly to deeper waters which yield more oil than natural gas. While the shallow water of the continental shelf contain twice as much natural gas as oil, that is reversed in water depths of 1,000 feet or more. The National Petroleum Council forecasts annual demand will rise to 29 Tcf by 2010 from about 23 Tcf now. According to the MMS, natural gas production in the Gulf of Mexico has fallen steadily from a peak of 5.14 Tcf in 1997 to 4.9 Tcf in 2000. During that period ,deepwater natural gas production actually rose to 980 Bcf from 380 Bcf, but not enough to offset the larger drop in shallow water production. The MMS forecasts a wide range of possibilities for the future, with total Gulf of Mexico output possibly falling up to 16% by 2005 or rising as high as 24%. In an effort to increase production, the MMS has introduced royalty relief for companies that drill very deep wells in the shallow waters. Although the shallow waters have been thoroughly explored, very few wells have been drilled to 15,000 feet or deeper. The MMS estimates there could be up to 20 Tcf of recoverable reserves of deep wells. The Rocky Mountain region and Canada represent the best opportunities to increase natural gas supplies, possibly sustaining annual demand of 24 Tcf. But much of the estimated 177 Tcf in the Rockies is off-limits to drilling. 
-----------------------------------------------------


Energy Jobs 


Whether you are actively looking for a job, or want to explore opportunities in the energy industry, go to www.energyjobs.com. At Energyjobs.com, your job hunting is made easy, convenient and confidential. Conduct your own search or participate in our Job Match feature, which accurately matches your qualifications, experience and requirements to any new job that appears, and then sends you an e-mail notification! Best of all, membership > is FREE. To register and become a member, simply go to
<http://www.energyjobs.com/jobseeker_registration_frm.html> or log on to <http://www.energyjobs.com/> and select "Become a Member" under the Jobseeker header.
--------------------------------------------------------
Progas Storage Services, Inc

Was recently organized to offer specialized natural gas storage services to marketers and end users servicing the upper Midwest and Northeast market regions along the major transmission systems in Indiana, Illinois, Kentucky, and Michigan. PGSMI has 10 bcf of potential working capacity which will offer service along TXG, ANR, Midwestern, and is currently evaluating for purchase another 21 bcf of potential working capacity which can be serviced by these and other systems in the region. PGSMI also explores for natural gas in the Gulf Coast region through a wholly owned subsidiary. Progas intends to go public through a route of private industry offerings, and an IPO or registration. For more information on services or the company mail to: gastorage@aol.com or for AOL mail to gastorage@aol.com <http://gastorage@aol.com/>; web site currently under construction at: <http://www.progas.net/wip>.

The company's executive and administrative office is located in Abilene, Texas with storage operations in Owensboro, KY and exploration operations in Corpus Christi, TX.

Progas Storage Services, Inc 
8610 S. Hwy 277
Abilene, TX 79606

Ph 915 698 3699
Fx 915 698 2859
--------------------------------------------------------
Pure Text or Lotus & AOL Readers-subscribe by going to:
<http://www.modernmediaohio.com/subscribe/enerfax.htm>
HTML,Outlook Email, Readers-subscribe by writing
<mailto:join-EnerfaxDaily@relay.netatlantic.com>
--------------------------------------------------------
FINANCIAL SUMMARY
The TSE 300 gained 14.62 points to 6669.45
The CRB Index increased 0.61 points to 191.18
The US Dollar advanced 0.91 points to 113.26
The Dow rose 112.58 points to 8681.42
The S&P 500 gained 11.57 points to 1018.61
The Nasdaq was down 3.33 points to 1460.71
September NYMEX Crude Oil rose 0.36 to 22.74
Canadian-US Exchange climbed .0064 to 1.5793
------------------------------------------------------
Please welcome our advertisers by visiting these websites.
<http://www.kwi.com/>
<http://www.fea.com/>
<http://www.caminus.com/>
<http://www.progas.net/wip>
<http://www.fame-energy.com/>
<http://www.e-acumen.com/knowledge_powerview.html>
http://risk.sungard.com/energy <http://risk.sungard.com/ENERGY>
<http://www.ziffenergyconferences.com/>
<http://www.nesanet.org/> 

Enerfax Daily is North America's gas and power information source. it is sent to you free of charge. Enerfax Daily may be copied and redistributed in its entirety to all interested energy professionals.Please e-mail us at subscribe@enerfax.com <mailto:subscribe@enerfax.com>. with the e-mail addresses of other energy professionals that would like to be added to Enerfax Daily's growing distribution list of thousands of energy professionals in the US and Canada, or to be removed. The information contained herein was obtained from sources which Enerfax Daily believes to be reliable, but does not guarantee its accuracy. Your support of our advertisers is greatly appreciated and will keep Enerfax Daily free. Thank you. Your comments are welcome.

For information on advertising, please write to advertise@enerfax.com <http://advertise@enerfax.com/>


enerfaxrules 
 
 
To subscribe to the Oil & Gas News write enerfaxgold-subscribe@egroups.com To delete tdonoho@enron.com To unsubscribe send a blank mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com Or forward this email to web@enerfax.com & the webmaster will remove your name.