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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (14514)12/24/1998 8:26:00 AM
From: Kerm Yerman   of 15196
 
IN THE NEWS / Canadian Spot Natural Gas Domestic Prices - December 23rd

DOMESTIC (DEC SWING) $CDN/GJ $US/MMBTU
ALBERTA PLANT-GATE 2.31/2.36 1.60/1.64
ALBERTA BORDER - EMPRESS 2.48/2.53 1.72/1.75
STATION 2, B.C. 2.75/2.80 1.91/1.94
SASK. PLANT-GATE 2.31/2.36 1.60/1.64
TORONTO CITY-GATE 2.76/2.83 1.91/1.96
1-YR PCKGS - EMPRESS 2.70/2.75 1.88/1.91
AECO 2.43/2.48 1.68/1.72

N=notional. One-yr package beginning Nov. 1, 1999.
Canada/U.S. dollar conversion based on Bank of Canada noon rate.
One-year packages converted to U.S. dollars at a 12-month forward
rate.
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