text_combined: tw bullets 2 16 capacity marketing tw sold 35 000 mmbtu firm transport sempra energy trading negotiated rate 0 50 mmbtu plus fuel two year period beginning january 1 2004 path blanco socal needles contract value 12 8 mm addition sempra waived right utilize call option 21 500 mmbtu capacity 0 30 mmbtu two year period tw also sold 14 000 mmbtu firm transport calpine two years beginning jan 1 2004 floating rate based difference california border san juan blanco indices primary delivery point calpine newly constructed power plant topock lateral floating price currently hedged yield gross margin 0 80 mmbtu contract value net fuel 6 1 mm bp amoco one several interested parties last week tw marketed remaining large blocks east capacity bp come back tw offer based available space 0 02 mmbtu demand plus sharing mechanism alternate deliveries west proposed term 2001 april october working facility planning determine available space gas inventory tw continued experience high line pressure pack west week necessitated additional sale line pack gas 15 000 mmbtu gross revenue 277 500 el paso natural gas co bids due monday 2 12 1 2 bcf west capacity el paso marketed space 5 blocks various capacities minimum bid 100 max california reservation rate minimum term 1 month market intelligence indicates 144 bids submitted max terms 5 years el paso indicated award announcement made week 2 19 el paso merchant likely exercise rofr right take space max rates 5 years