Subject: project doorstep update
the following are my updates on the calgary open items .
# 1 - financial confirmations - calgary participated in a conference call with
houston legal on this issue on june 15 th . sally beck is setting up a meeting
with mark taylor to discuss concerns .
# 2 - segregation of commercial / non - commercial support functions - completed .
risk has set up a separate excel spreadsheet to verify to trader ' s .
# 3 - enpower global data is currently being populated for calgary . we have
requested access to the enpower test database , and will proceed with testing
once we finish populating the global data ( 2 - 3 weeks ) .
# 4 - term transactions bridging to sitara - need an update from beth perlman .
# 5 - reporting unhedged currency risk - completed . our net currency position
is now being sent to the controls group in houston each day as of june 26 th .
# 6 - managing fx risk in various trading portfolios - progress continues - an
offer to hire a currency trader will be sent out on june 27 th . this person
will be responsible for the resolution of this issue .
# 7 - provide info on gas exotic the power information is
being provided to the controls group in the requested format . once we
receive confirmation that the information is being pulled in correctly , we
will proceed with populating the templates for the gas exotics . this will be
completed by june 30 th .
i will be out of the office the rest of this week . if you need clarification
on any of these items , you can page me at 716 - 2808 .