---------------------- Forwarded by Steven P South/HOU/ECT on 01/25/2001 
02:20 PM ---------------------------


"Ledene, Ben" <BenLedene@aec.ca> on 01/22/2001 10:33:40 AM
To: "Steve South (E-mail)" <Steven.P.South@enron.com>
cc:  
Subject: FW: Wild Goose Open Season


Steve, it was good seeing you again in Reno. Here is a copy of the package
that was sent out to Frank Ermis on January 12. If you have any questions,
please give me a call. Thanks. Ben.

> -----Original Message-----
> From: Ledene, Ben
> Sent: Friday, January 12, 2001 2:02 PM
> To: Barry Brunelle (E-mail); Brad Barnds (E-mail); Brent Rook (E-mail);
> Craig Pentelichuk (E-mail); Dave Clare (E-mail); Dave Kohler (E-mail);
> David Ellis (E-mail); Denette Johnson (E-mail); Don Clements (E-mail);
> Frank Ermis (E-mail); Gary Venz (E-mail); Joseph Sestak (E-mail); Kevin E.
> Coyle (E-mail); Kevin Legg (E-mail); LoreLei Reid (E-mail); Monica Padilla
> (E-mail); Nathan Reinhardt (E-mail); Paul Gendron (E-mail); Ray McCluer
> (E-mail); Scott W. Walton (E-mail); Stephen J. Swain (E-mail); Susan Jones
> (E-mail); Tom Toerner (E-mail); Weaman Ng (E-mail)
> Cc: Chris Price (E-mail); Hogue, Bill; Amirault, Paul
> Subject: Wild Goose Open Season
>
> Long Term Firm Base Load Storage ("BLS") Service Open Season
>
> For service commencing April 1, 2001
>
> Customer offers required by 2:00 pm MST, Friday January 26, 2001
>
> Customer offers must be reasonably open for acceptance by Wild Goose
> Storage Inc. until 2:00 pm MST, Thursday February 1, 2001 subject only to
> significant changes in market conditions and final approval of customer's
> management. Preference for offer acceptance will be toward longer-term
> contracts (5 years) and offers, which exceed 100% of our rack rate. The
> offer sheets are provided in Microsoft Excel and are set up to calculate
> the percentage of rack rate for your convenience. It is the intent of Wild
> Goose Storage Inc. to negotiate and conclude contracts with the
> participants providing acceptable offers in this open season as close as
> possible to February 1, 2001. Wild Goose Storage Inc. reserves the right
> to not necessarily accept the highest priced offer nor to award all or any
> of the storage capacity available.
>
> A reasonable summary of the main terms and features of BLS service is
> attached for your convenience (Attached File - BLS Summary), but should
> not be used as the sole terms by which service is to be provided. All
> service is subject to the Tariff Schedules for Natural Gas Storage Service
> of Wild Goose Storage Inc., as approved by the Public Utilities Commission
> of the State of California.
>
> For more information about Wild Goose Storage Inc. or to download a copy
> of the entire tariff please refer to our web site at
> www.wildgoose-storage.com.
>
> Customer offers must include the following:
>
> A) Completed Offer Forms (Attached File - Offer Sheets) for each year of
> service including:
>
> * the amount of Inventory Capacity Required for each April to March
> period
> * the amount of Maximum Daily Injection Quantity Required by month
> * the amount of Maximum Daily Withdrawal Quantity Required by month
> * the Total Storage Demand Charge for each April to March period
> * the Injection Commodity Rate for each April to March period
> * the Withdrawal Commodity Rate for each April to March period
> * a signature from an authorized employee of the company verifying the
> offer for each April to March period
>
> In the 'Offer Sheets' file attachment you will find the following tabs at
> the bottom:
>
> * offer sheet for the first year of service April 1, 2001 to March 31,
> 2002 (see Service Restriction note below)
> * offer sheet for to be used for years 2 and beyond, please print out
> a copy for each April to March period
> * a manual offer sheet which can be printed out and filled in by hand
> * an example offer
>
> B) An executed Storage Services Agreement (Attached File - Storage
> Services Agreement) unless your company already has one on file with Wild
> Goose Storage Inc.
>
>
> Service Restriction
>
> Do to the volume of business already in place for the first year of
> service, there is a limited amount of Maximum Daily Injection Quantity
> available. Therefor for all offers will be limited to 10,000 Dth/day of
> Maximum Daily Injection Quantity during the period of April 1, 2001
> through March 31, 2002. All other terms of service are reasonably open for
> the first year and beyond.
>
> Rack Rates
> Our rates are 'market based' meaning they are fully negotiable, but our
> 'rack rates' are as follows:
> Monthly Storage Demand Charges
> * Inventory($/Dth) $0.03
> * Injection ($/Dth/day) $3.00
> * Withdrawal ($/Dth/day) $2.00
>
> Variable Charges
> * Injection Commodity Rate ($/Dth) $0.02
> * Withdrawal Commodity Rate ($/Dth) $0.02
>
> Fuel Charges
>
> In addition to the Demand and Variable charges described above, fuel costs
> are also charged based on actual consumption by customer and the value of
> the gas on a daily basis. Fuel consumption is expected to be between 1.25
> to 1.75%. For details, please refer to the Wild Goose tariff.
>
> If you have any questions about this matter or need hard copies, please
> contact either Ben Ledene at 403-266-8192 or Chris Price at (925)
> 243-0350.
>
>
>  <<Offer Sheets.xls>>  <<Wild Goose Open Season.doc>>  <<BLS Summary.doc>>
>  <<Storage Services Agreement.doc>>

 - Offer Sheets.xls
 - Wild Goose Open Season.doc
 - BLS Summary.doc
 - Storage Services Agreement.doc