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- Subject: p & l
- tom , we attached both a consolidated p & l and an updated prudency schedule .
- the weater hedge made $ 165 , 000 today . the only odd thing that we saw was the
- physical change due to deal changes with the hplc operational desk . this desk
- is a desk that is set up to account for fuel , gas loss , and physical ua 4 , we
- have tickets out there with zero volumes on them that get updated after the
- month is over once volume management knows where the gas needs to be
- allocated . what we found out that happened was that in the last week of
- february and in the first week of march sitara added volumes to these tickets
- before were were running comparison reports to see the changes . darren
- noticed the incorrect volumes on these tickets and had logistics zero them
- out . darren thought that the changes would have no position effect as if it
- were a deal between hplc and texas , but it is actuall as if we changed a deal
- that we did with another region . the value was offset by changes in tufco
- and storage . we released $ 270 , 000 out of march prudency to keep you flat for
- the day . hope you had fun at the school function . i ' ll be here until about
- 8 : 30 , so feel free to call if you get this .
- bryan
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