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Crescendo VPP Transaction Structure. Enfolio Master Purchase and Sale Agreement. ISDA. Gas: Total = 3.9 TBTU Daily Range = 0.7 to 1.8 MMBTU/d. Fixed $ of $3.41 NYMEX -0.385 Basis. ENA Physical. Entrada Energy Ventures L.L.C. ENA Financial. Floating $ = Inside FERC NWPL
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Crescendo VPP Transaction Structure Enfolio Master Purchase and Sale Agreement ISDA Gas: Total = 3.9 TBTU Daily Range = 0.7 to 1.8 MMBTU/d Fixed $ of $3.41 NYMEX -0.385 Basis ENA Physical Entrada Energy Ventures L.L.C. ENA Financial Floating $ = Inside FERC NWPL Rockies - $0.04 (with Gas Daily Keep Whole Provisions) Floating $ = Inside FERC NWPL Rockies Gas: Total = 3.9 TBTU Daily Range = 0.7 to 1.8 MMBTU/d $8MM (Based on: $3.41 NYMEX HH - 0.385 (Rockies Basis) - 0.04 = $2.985)1,2 VPP Documents: Purchase and Sale Agreement Production and Delivery Agreement Conveyance of Term ORRI Crescendo Energy LLC _________________________________ 1 Based on NXI (Last Day Settle). 2Price for September 2000 is $2.785; Gas is under an existing marketing contract for this month only.