tenaska iv gas going make price changes tenaska iv sale 384258 10 00 11 00 james details right showing short pay 351 201 49 two months megan forwarded megan parker corp enron 12 29 2000 11 46 james armstrong ect 12 19 2000 10 31 daren j farmer hou ect ect cc megan parker corp enron enron jody pierce hou ect ect mike mazowita corp enron enron garrick hill hou ect ect subject tenaska iv gas daren per review gas agreements tenaska iv williams apache understanding agency agreement items wanted discuss lieu meeting today cancelled 1 looking october gas supply plant think tenaska iv charged contract prices williams apache e 2 285 final price actualized per megan summary 230 406 710 616 70 price 3 084 volume charged 2 285 total would 526 477 71 difference 184 138 99 2 looking november gas supply plant tenaska iv charged 2 91 per mmbtu instead 2 285 volumes 267 300 2 91 price total settlement price 777 843 instead 610 780 50 2 285 showing difference 167 062 50 reviewed gas supply agreements williams gas price pg 19 2000 gas 2 32 adjusted waha transportation adjustment delivered waha adjustment started 1997 03 per mmbtu increase 5 per year thereby currently adjustment factor 0347 giving us price 2 2853 per mmbtu reviewing apache gas agreement pg 22 noticed gas price 2 285 waha 2 315 katy carthage 2000 per review apache invoices appears getting gas points places e lomak sterling mendell cdp price 2 175 enron separate agreement delivery points capture margin difference upside enron however think plant charged contract price 2 285 looking daily gas scheduled plant november october see use went contracted volumes williams apache 45 000 mmbtu per day therefore think spot prices part equation additionally recall meeting last month enron makes deal agency fee 04 per mmbtu excluding margin difference enron apache gas delivery points scenario correct based upon items 1 2 suggesting tenaska iv adjust november invoice owed enron gas used plant gas price differences showed therefore planning wire payment 484 234 03 see breakout friday 12 22 enron behalf tenaska iv texas partners ltd activity month plant gas price amount november 267 300 2 91 777 843 november adjustment 167 062 50 october adjustment 184 138 99 nov agency fee 1 350 000 04 54 000 sept agency fee 98 813 04 3 592 52 total 484 234 03 discussed issues mike mazowita rick hill jody pierce reaching conclusion different ideas thoughts covering please call 3 7280 discuss thanks james