The NATSOURCE Story

NATSOURCE, Inc. was formed in September, 1994 as a broker of natural gas physical and derivative transactions. Although a relatively new firm, the principals had worked in the industry for the previous 15 years. The market recognized the quality of the organization immediately, ranking Natsource the number one gas broker in both 1994 and 1995 Risk MagazineSurveys.

In 1995,
NATSOURCE increased its market presence by adding groups of brokers for the Emissions Allowances market and Electricity market.

N
ATSOURCE is an over-the-counter broker of energy products, concentrating on swaps, options and physical delivery. Terms of deals arranged are from overnight transactions through 15-year trades. NATSOURCE acts as agent, not as principal.

NATSOURCE'S customer base consists of large institutions that trade energy. This base is made up of commercial banks, investment banks, pipelines, utilities, energy marketers, commodity trading houses, and producers and consumers of energy. We have over 200 corporate customers that are active in this market. This number is expanding dramatically as the electric utility industry becomes deregulated.

The people behind NATSOURCE
NATSOURCE is made up of people who possess a fundamental understanding of the energy industry combined with an in-depth knowledge of the financial markets. We're made up of former traders, CPAs, energy economists, lawyers and pipeline experts. Combined, this multitalented group excels in delivering the high standard of service you'd expect in one of the energy market leaders.

It's the professional and practical experience of these people that make
NATSOURCE the value-added broker that leads the industry.

Role of the Broker
NATSOURCE acts as an agent to bring the buyer and seller together. Because we do not act as principal, NATSOURCE works to get the best market pricing available. The name of the buyer and seller are not revealed to each other until all other terms are agreed upon, thereby protecting the anonymity of the buyers and sellers in the marketplace. All transaction terms and conditions are kept confidential.

Delivering Cost-Effective Risk Management to Every Customer
Ranked #1 Natural Gas Broker, 1994.
Risk MagazineSurvey, February, 1995.
Best in 2 out of 3 categories, same survey.
Ranked #1 Natural Gas Broker, 1995
Risk MagazineSurvey, February, 1996.
Best in 4 out of 4 categories, same survey.


Our outstanding customer satisfaction rating is a direct result of our exceptional efforts in responding to customers' needs in terms of price modelling, knowledge of physical and derivative markets, information flow, and execution skills. The principals of
NATSOURCE have over 15 years experience in risk management.