summary last 6 months projects dear dale stinson vince would like take opportunity communicate information summarise projects past six months firstly accounts amazing months believe kept large number commercial group heads happy however aware activities many people e g john sherriff richard lewis steve young etc know everything done example amount work put inflation models extent critical successful building curves consequent impact 7 million ql similar large p l swings eastern contract optionality short virtual power station based upon uk power vol curve generator benefit compiled shortlist main projects worked past five six months 1 inflation curve modelling february march april internal audit june external audit 2 uk power monthly vol curve generator ideas half hourly vol curve 3 nordic power monthly vol curve generator 4 energydesk com models support 5 real options options build extend power stations e g wessex deal anti freeze project 6 continental power non generic options using arbitrary trader specified distributions 7 global products non generic options modelling new commodity forward curve construction benzene fwd curve naphtha 8 exotic options library upgrade model test bug fixes e g testing new old asian models 9 continental gas volatility curve construction 10 communication objective two presentations enron europe staff one oslo office 11 communication objective ii meetings gather information present results 12 fas 133 working internal external auditors matching financial physical accrual hedges hedge effectiveness 13 oslo trip bringing oslo speed exotica option valuation 14 houston research staff co ordinating communication meetings maximise productivity 15 valuation marketing power put options banks hold senior sub debt merchant power plant meeting breakdown initiated clear critical large p l sensitive projects hope continue help enhance earnings going forward regards anjam x 35383