Please call Ben Jacoby and see if we can push our meeting to 230.  Please
advise Stuart that I'm planning to meet with Ben at 230, and invite him to
join.

Thanks,

Kay


Dear Mable, Tantra,

	Once we have confirmed that all the calcs and related jobs are done, Norman will call Tantra immediately to start the Database move process.

	Regards,

Norman.

 -----Original Message-----
From: 	Nommensen, Dave
Sent:	Thursday, January 10, 2002 3:09 PM
To:	Lee, Norman
Subject:	FW: Enpower Outage Notice ***THIS WEEKEND***

fyi

 -----Original Message-----
From: 	Tang, Mable
Sent:	Thursday, January  10, 2002 3:08 PM
To:	Nat, Steve; Nommensen, Dave; Poston, David; Luu, Duong
Cc:	Invedy, Tantra
Subject:	RE: Enpower Outage Notice ***THIS WEEKEND***

Thanks guys?please keep Tantra inform tomorrow when he can start his engine?.

Mable
 -----Original Message-----
From: 	Nat, Steve
Sent:	Thursday, January 10, 2002 2:24 PM
To:	Nommensen, Dave; Poston, David; Tang, Mable; Luu, Duong
Subject:	FW: Enpower Outage Notice ***THIS WEEKEND***

FYI...

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Thursday, January 10, 2002 1:37 PM
To:	Nat, Steve
Cc:	Evans, Casey; Postlethwaite, John
Subject:	RE: Enpower Outage Notice ***THIS WEEKEND***

As soon as we finish calcing our book on Friday, we should be good to go.  We will start as soon as possible.

 -----Original Message-----
From: 	Nat, Steve
Sent:	Thursday, January 10, 2002 12:43 PM
To:	Will, Lloyd; White, Stacey W.; Allen, Thresa A.; Bentley, Corry; Reeves, Leslie; Theriot, Kim S.; Richter, Jeff; Gilbert, Scotty; O'Neil, Murray P.; Imai, Rika; Heizenrader, Tim; McKeel, Richard
Cc:	Tang, Mable
Subject:	FW: Enpower Outage Notice ***THIS WEEKEND***

With the amount of activity this weekend, our DBA group is facing the prospect of working all night this Friday to meet a Saturday 12:00 noon deadline to begin IT testing of the Estate production environment.

Is there any way we can start the outage at least a few hours earlier on Friday?  Please respond one way or another.

Thanks,  Steve

 -----Original Message-----
From: 	Poston, David
Sent:	Wednesday, January 09, 2002 8:47 AM
To:	Will, Lloyd; White, Stacey W.; Allen, Thresa A.; Bentley, Corry; Reeves, Leslie; Theriot, Kim S.; Richter, Jeff; Gilbert, Scotty; O'Neil, Murray P.; Imai, Rika; Heizenrader, Tim; McKeel, Richard
Subject:	Enpower Outage Notice ***THIS WEEKEND***

Good Morning,

To support the Enron Estate / NETCO split, Enpower will be going down this weekend.  Starting at 6:00pm Friday, January 11th, we begin the process of moving databases & renaming them for the two companies.  The application is scheduled to be back online at 6:00pm on Saturday, January 12th.  The application team & any users volunteering for weekend testing will then begin performing some basic test scripts to ensure the applications still work.

Please note that after the change, you will need to change any Excel Spreadsheets or Access Databases that connect to the "PWRPRODN" or "PWRPRODN_DED" database aliases to "ESTPWRPN".

Thanks,  David Poston


Carrie -

Attached is the final Annex based upon the draft I forwarded on 2/14 and your
comments to same.  I believe I have captured all of your comments.

Please let me know if there is anything further that you should need.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com


In case you had not seen this

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 04/20/2001 08:49 AM -----

	"Daniel Douglass" <douglass@ArterHadden.com>
	04/19/2001 08:24 PM

		 To: <Barbara_Klemstine@apsc.com>, <Vicki_Sandler@apses.com>,
<berry@apx.com>, <dcazalet@apx.com>, <ed@apx.com>, <billr@calpine.com>,
<jackp@calpine.com>, <gavaughn@duke-energy.com>, <rjhickok@duke-energy.com>,
<gtbl@dynegy.com>, <jmpa@dynegy.com>, <jdasovic@enron.com>,
<susan_j_mara@enron.com>, <Tamara_Johnson@enron.com>,
<curt.Hatton@gen.pge.com>, <foothill@lmi.net>, <camiessn@newwestenergy.com>,
<jcgardin@newwestenergy.com>, <jsmollon@newwestenergy.com>,
<rsnichol@newwestenergy.com>, <nam.nguyen@powersrc.com>,
<Curtis_L_Kebler@reliantenergy.com>, <Roger.Pelote@williams.com>
		 cc:
		 Subject: Fwd: [PRESSLIST] ATTORNEY GENERAL DEMANDS RELIANT ENERGY RECORDS
FORPROBE OF POSSIBLE PRICE-GOUGING, ANTI-COMPETITIVE BEHAVIOR
AFFECTINGELECTRICITY PRICES

FYI
----- Message from "Cathy.Mar@DOJ.CA.GOV" <presslist@hdcdojnet.state.ca.us>
on Thu, 19 Apr 2001 14:59:41 -0400 -----
To:	<Cathy.Mar@DOJ.CA.GOV>,<PRESSLIST@JUSTICE.hdcdojnet.state.ca.us>
Subject:	[PRESSLIST] ATTORNEY GENERAL DEMANDS RELIANT ENERGY RECORDS FORPROBE
OF POSSIBLE PRICE-GOUGING, ANTI-COMPETITIVE BEHAVIOR AFFECTINGELECTRICITY
PRICES
ATTORNEY GENERAL DEMANDS RELIANT ENERGY RECORDS FOR PROBE OF POSSIBLE
PRICE-GOUGING, ANTI-COMPETITIVE BEHAVIOR AFFECTING ELECTRICITY PRICES
Also Demands Energy Records From the Mirant Corporation

(SAN FRANCISCO) - Attorney General Bill Lockyer today demanded that Reliant
Energy and the Mirant Corporation produce documents subpoenaed in the
California Department of Justice investigation of possibly unlawful or
anti-competitive behavior affecting soaring electricity prices in the state.

"There must be a short-circuit here because Reliant is claiming cooperation
with our investigation while refusing to turn over documents," Lockyer said.

The Attorney General asked the San Francisco Superior Court to order Reliant
and Mirant to produce subpoenaed documents that were due March 19. The
Attorney General told the court that both power companies have failed to
furnish documents despite being given assurances on the confidentiality of
their sensitive and proprietary information.

"Reliant's sole basis for refusing to produce confidential information is its
claim that the Attorney General may not share such information with other
governmental agencies that the Attorney General may enlist to aid him in his
investigation," the Attorney General stated in the complaint. "The argument
simply lacks merit."

"Reliant has sufficient guarantees regarding the confidentiality of its
information," the complaint said.  "The Attorney General has stated that he
will not share confidential data with governmental agencies which have acted
as Reliant's competitors in the market or agencies with whom Reliant is
negotiating energy contracts. Disclosure of confidential information by any
subordinate officer is a misdemeanor and punishable by that officer being
disqualified from acting in any official capacity in the department. Any
government agency receiving information from the Attorney General to aid him
in his investigation would be bound by the same requirement."

Similar arguments were made in seeking subpoenaed documents from power
company Mirant.

      # # #


ANNOUNCING THE EVENT NOTIFICATION SYSTEM

Because we have your e-mail address, we are TESTING a system which offers you
the opportunity to receive automatic e-mail notification of certain events
taking place in your 5th Circuit appeals. In brief, we send you an e-mail
notifying you when we:

        1. Issue a briefing notice;
        2. File and rule on motions to extend the time to file a brief, or to
        suspend briefing times;
        3. File briefs;
        4. File and act on a petition for rehearing.

You can see a complete listing of the notification events by clicking on the
link below.

          http://www.ca5.uscourts.gov/attyemail/eventlist.htm

                    What does the notice look like?

You receive the publicly available docket text for these events from our
automated case processing system. You can see a sample by clicking on the
link below. This is the ONLY information you receive. You still have to access
PACERNET to view the entire docket sheet. For those events where we normally
send you a paper document, e.g. a briefing notice, you will still receive that
paper notice.

                    What is the benefit to me?

You will save time and money by not having to check your case's status on
PACERNET, and will not have to call our office to see if we have filed your or
your opponent's brief, to find out when your briefing time begins to run, or
if a rehearing petition has been filed, etc. This service is designed to benefit
you and our office. If however, we find that we are expending more resources by
operating the event notification system because we receive more telephone calls
or electronic messages etc. we will discontinue the service.

            How much does the event notification service cost?
The service is free.

                    How do I sign up for the service?

You must:

        1. Be a member of the 5th Circuit Bar;
        2. Have provided us your current e-mail address;
        3. Sign up by clicking on the  link below and filling out the required
information, or by going to our website http://www.ca5.uscourts.gov and
clicking on the "event notification" link. Note, that you can elect to start
the service now, delay receiving the service, but be left on our invitation
list, or elect not to participate and be removed from our invitation list.
You can also change your e-mail address and this will change it throughout our
automated system.

          http://www.ca5.uscourts.gov/cgi-bin/email.exe?prid=38379

                    What if I want to stop the service?

You can discontinue the service at any time by selecting the "event notification
link" or our "website", entering your social security number and then selecting
the either of the options that de-register you from the service.

                    What if the court needs to stop the service?

This is a test service. If we find that running the event notification program
strains our limited resources, we may terminate the test.


Dan Hyvl went back to the original trader and wants to double-check, but it seems pretty likely that everything needs to be done under Crestar.  Hold tight!

 -----Original Message-----
From: 	Dozier, Scott
Sent:	Thursday, May 17, 2001 12:16 PM
To:	Mims, Patrice L.
Subject:	Re: Crestar

Patrice - Any word on this?

From:	Patrice L Mims/ENRON@enronXgate on 05/14/2001 07:39 AM
To:	Scott Dozier/NA/Enron@Enron
cc:

Subject:	Crestar

Hi Scott,

I'm still tracking down the Crestar issue, but at this time, it appears as though we should not have changed the name to Gulf Canada until recently when the sharing mechanism came into play with BP for the AOS.  Crestar confirmed this and Dan Hyval left me a voice mail alluding to thus, but I need to hear back from him to ask that direct question.  I'll be back in touch, hopefully this afternoon.

Thanks


TASK ASSIGNMENT

Task Priority:		1
Task Due On:
Task Start Date:


Cindy & Chris,
I have sold the Equitrans metered production flowing into our Equitrans pool
for a one year period to Dominion Field Services beginning November 1, 2000.
Dominion will take whatever the Equitrans monthly estimate is.  I will do the
deal sheet and have Terry Franklin input into Sitara.
John


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/01/2000
03:15 PM ---------------------------

Vince J Kaminski
12/01/2000 02:16 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: TO_DO

Start project  with Elene for Mark


Hi Jeff,

It was a pleasure to meet you. As we discussed, attached please find our
company presentation. I really appreciate your support and consideration an
as you know our goal is to get in front of your data center
people-infrastructure and application folks. Again, in a nutshell, Cambira
is a Content Delivery Networking company. Our products allow you
significantly increase performance, reliability and scalability while
reducing overall cost of ownership. We would be happy to give a technical
presentation to anyone, anyplace and at any time. Thanks again for your
efforts and I look forward to hearing from you.

Best regards,

John Protzel
Cambira Corporation
john@cambira.com
Tel: 408-748-6407

 - Cambira Presentation, Enron.ppt


-----Original Message-----
From:  "Surman, Rose" <rose.surman@neg.pge.com>@ENRON
[mailto:IMCEANOTES-+22Surman+2C+20Rose+22+20+3Crose+2Esurman+40neg+2Epge+2Ecom
+3E+40ENRON@ENRON.com]
Sent: Tuesday, May 29, 2001 11:29 AM
To: Williamson, Joannie
Subject: Today's Visit

Joannie,

Per our conversation, I believe the intent of the visit today by Tom Boren
and Lyn Maddox is to brief Mr. Skilling (and others he would like to have
present) about the National Energy Group by telling them about our corporate
structure, financial structure, ratings, ring fencing and answer any
questions they might have regarding our overall crediworthiness.

Thank you,
Rose

PG&E National Energy Group and any other
company referenced herein that uses the PG&E name or
logo are not the same company as Pacific Gas and
Electric Company, the regulated California utility.  Neither
PG&E National Energy Group nor these other
referenced companies are regulated by the California Public
Utilities Commission.  Customers of Pacific Gas and Electric Company
do not have to buy products from these companies in order
to continue to receive quality regulated services from the utility.


Please add to Reg Orig section.

Jim

 -----Original Message-----
From: 	Migden, Janine
Sent:	Tuesday, September 18, 2001 2:56 PM
To:	Shapiro, Richard; Steffes, James D.
Subject:	Ohio Coal Plant

Quick overdue update...

The meeting on the Belmont County - Ormet project that I arranged with the coal office and related agencies went very well.  Enron's coal plant development group is preparing an application and we will be exploring with the Ohio Air Quality Dev't Authority both traditional and creative new financing structures.  I will be arranging a follow-up meeting in a few weeks.  If this goes well, we could develop other projects in Ohio.

I will keep you posted.

Janine


print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
02:23 PM ---------------------------

Doug Arnell@ENRON_DEVELOPMENT
09/24/2000 02:57 AM
To: Clay Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eric Groves@ECT, Joe
Gold@ECT, Eric Gonzales@ECT, Wayne Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Merritt Thomas@ECT
cc: Rick Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey A
Shankman@ECT
Subject: LNG for Spain

Some follow up on friday's meeting:

We need to focus quickly on whether or not there is any deal to be done with
Middle East suppliers that can contribute to Enron Europe's power project in
Spain.

Our pending deal with Adgas to ship LNG on the Heogh Galleon could be a good
fit however  the current volume being discussed (0.3 MMTA) is only a small
portion of the 1.3 to 1.5 MMTA required for the project in years 03+ (minimum
delivery would be 1.0 MMTA).  We should press ADGAS to see if they would
commit to a higher volume.  We also need to determine what we believe is the
most effective pricing structure for the ADGAS LNG purchase (both in terms of
supply to our project in Spain, but also for potential diversions to Europe
in 01/02) and for what term.  Based on our discussions on friday, it may be
that a crude based purchase price may work the best.  We have discussed both
Brent and NYMEX based pricing formulas with ADGAS.  Merritt, Eric, lets add
that to the agenda for our monday morning meeting and get some price
structuring done.

The structure of the ADGAS deal will be based on a U.S. delivery.  We will
reserve the right to divert to any other market (except TEPCO).  We will
likely have to share, in some way the shipping savings, if we divert to a
non-U.S. terminal but I think we can keep any upside made on the indexed
portion of the price for ourselves.

In addition we will be contacting OMAN LNG to determine their ability to
provide quantities to augment the ADGAS supplies, as well as potential
shipping options (Exmar?)  Obviously we need to consider shipping
requirements for our Atlantic Basin projects (i.e. Elba Island) when thinking
about shipping for Spain.  I would also like to look at how Elba could be
used as part of a potential take or pay avoidance strategy for the Spain
power plant.

I will try to keep everyone updated as the pieces come together.

Thanks


Here are the relevant documents re SB 28X.

The first one is the draft prepared by the consultant to the Senate Energy
Committee, Lawrence Lingbloom on the staff of Sen. Deborah Bowen.

 <<X22605.DOC>>

The second on is the draft language submitted by the direct access coalition
of which Enron is a part, along with many other parties, including UC/CSU.

 <<SB27X.DOC>>

Please let me or Jeanne Bennett know if we can be of any further assistance.
Mike Day

 - X22605.DOC
 - SB27X.DOC


FYI.

----- Forwarded by David Parquet/SF/ECT on 10/27/2000 05:20 PM -----

	GTBL@dynegy.com
	10/27/2000 01:41 PM

		 To: "W. Hyde Richard" <RWHYDE@duke-energy.com>, "Tony Wetzel"
<twetzel@thermoecotek.com>, "Sue Mara" <smara@enron.com>, "Steven Kelly"
<steven@iepa.com>, "Steve Ponder" <steve_ponder@fpl.com>, "Stephanie-Newell"
<stephanie-newell@reliantenergy.com>, "Russo Tony"
<trusso@mcnallytemple.com>, "Ross Tom" <Tross@mcnallytemple.com>, "Ron Tom"
<Rtom@govadv.com>, "Roger Pelote" <roger.pelote@williams.com>, "Paula Soos"
<paula_soos@ogden-energy.com>, "Norton Kelli" <knorton@mcnallytemple.com>,
"'Nam Nguyen'" <nam.nguyen@powersrc.com>, "McNally Ray"
<rmcnally@mcnallytemple.com>, "Marty Wilson" <mwilson@pstrategies.com>, "Mark
Smith" <Mark_J_Smith@fpl.com>, "Lynn Lednicky" <lale@dynegy.com>, "Karen
Edson" <kedson@ns.net>, "Julia Wright" <jwright@smithandkempton.com>, "Julee
Malinowski-Ball" <jmball@ns.net>, "Jonathan Weisgall" <jweisgall@aol.com>,
"John Stout" <John_H_Stout@reliantenergy.com>, "Joe Ronan"
<joer@calpine.com>, "Joe Greco" <joe.greco@uaecorp.com>, "Jan Smutny-Jones
(E-mail)" <smutny@iepa.com>, "Jack Pigott" <jackp@calpine.com>, "Hap Boyd"
<rboyd@enron.com>, "Greg Blue" <gtbl@dynegy.com>, "Frazier Baylock"
<Frayblay@aol.com>, "Ed Tomeo" <ed.tomeo@uaecorp.com>, "Duane Nelsen"
<dnelsen@gwfpower.com>, "Douglas Kerner" <dkk@eslawfirm.com>, "DJ Smith"
<djsmith@smithandkempton.com>, "Dennis Price" <priced@epenergy.com>, "Dave
Parquet" <dparque@ect.enron.com>, "Curtis Kebler"
<curtis_l_kebler@reliantenergy.com>, "Colleen Holm"
<colleen.holm@neg.pge.com>, "Carolyn A Baker" <cabaker@duke-energy.com>, "C
Williams Thomas" <tcwillia@duke-energy.com>, "Bob Escalante"
<rescalante@riobravo-gm.com>, "Bob Ellery" <bellery@spi-ind.com>, "Bill
Carlson" <william_carlson@wastemanagement.com>, "B Brown Andy"
<andybrwn@earthlink.net>
		 cc:
		 Subject: Dow Jones Scoop of FERC report

---------------------- Forwarded by Gregory T Blue/HOU/Dynegy on 10/27/2000
03:36 PM ---------------------------

"Golden, Mark" <Mark.Golden@dowjones.com> on 10/27/2000 03:04:02 PM

To:   "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
cc:

Subject:

-- *DJ FERC Finds No Abuse Of Calif Elec Mkt Pwr -Commissioner --

-- *DJ FERC Won't Order Refunds By Generators - Commissioner --

-- DJ FERC/Calif -2: Report Blames Calif Market Structure --

  LOS ANGELES (Dow Jones)--The Federal Energy Regulatory Commission
investigation into California's wholesale energy market has found no abuse
of
market power by generators this past summer and the agency won't order
generators to refund billions of dollars in excessive revenue to consumers
or
utilities, a FERC commissioner told Dow Jones Newswires.
  The FERC commissioner said generators weren't solely to blame for
California's
summer of soaring power prices, but said constraints within the market
structure, such as "hedging" restrictions imposed by state regulators -
utilities' limited ability to purchase power in the forward market -
resulted in
higher prices.
  The FERC commissioner said market power did occur but generators weren't
purposely manipulating the market in order to make more money so refunds
will
not be ordered.

 DJ FERC/Calif -3: `Sweeping' Changes Planned For Cal-ISO,PX --

  Market power is a term used to describe how generators can influence
power
prices by controlling electricity supply during tight demand periods.
  As reported, FERC announced last week that it had received the results of
an
eagerly anticipated staff investigation of market conditions that sent
power
costs in California soaring over the summer.
  The agency scheduled an extraordinary meeting for Nov. 1, at which it
plans to
vote on proposed remedies based on the report's findings.
  California experienced a summer of soaring wholesale power prices that
led
to
landmark state Legislation to cap wholesale prices for retail customers in
San
Diego, where most of the price shocks were felt.
  In addition, sweeping changes within the state's Power Exchange and
Independent System Operator will be proposed, the commissioner said, citing
the
report.
  The FERC report also said it was a bad idea to force utilities to
purchase
power exclusively from one exchange with limited products, and various
price
cap
proposals that were passed by the ISO recently exacerbated the price
situation,
according to the commissioner.
  A FERC spokeswoman contacted by Dow Jones Newswires Friday said the
agency
wouldn't comment on what or what's not in the report.
  -By Jason Leopold; Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com

  (END) Dow Jones Newswires 27-10-00
  1953GMT(AP-DJ-10-27-00 1953GMT)


Fuck you. That's how we spell it in Belgium.

 -----Original Message-----
From: 	Rob Laird <RLaird@natsource.ca>@ENRON
Sent:	Tuesday, August 14, 2001 10:29 AM
To:	Dorland, Chris
Subject:	RE:

With open arms...Chica's? I was at a wedding this weekend with tons of
chika's it was ridiculous....

-----Original Message-----
From: Chris.Dorland@enron.com [mailto:Chris.Dorland@enron.com]
Sent: Tuesday, August 14, 2001 9:27 AM
To: RLaird@natsource.ca
Subject: RE:

Coming to town Thursday for the weekend and hopefully moving by the middle
of September. Spending Friday house shopping. I think I am going to end up
in your neck of the woods. Seems like the best values are in that area. Are
we going to get some snow this winter? We need to find Dorland a date. I am
going to a wedding this weekend and there should be lots of single chicas
there. I am really looking forward to being back in Cow town. Houston is
painfull.

Later

cd

    -----Original Message-----
   From:   Rob Laird <RLaird@natsource.ca>@ENRON
   Sent:   Tuesday, August 14, 2001 10:12 AM
   To:     Dorland, Chris
   Subject:

   Sucka, when you coming to towne?

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


John,

I am sending you an old write-up on the risk management system.
This is for "your eyes only", though this info is out already. Some people
left
the company and also the consultants who audited the model use these ideas.

Vince


Jim,

Thanks for coming.
I shall arrange o follow up meting, once the PRCs are over.

Vince

James L Bouillion
12/08/2000 06:49 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Wharton

Thank you for inviting me to the meeting with Wharton.  It was very
interesting.  Let me know when you want to have the follow-up meeting.


Mark Haedicke is having a meeting regarding transition issues this afternoon (November 15) at 5:30 p.m. Central time in EB3321.  Please plan to attend.

Janette Elbertson
Enron Wholesale Services
Legal Department
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
e-mail:  janette.elbertson@enron.com


Sounds good to me...Coincidentally, a made service will be coming to clean my
car this evening

Susan

Ted Noble
07/18/2000 03:21 PM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: No sleeping on the job...

Let's plan on heading over there around 8:00-8:30 so there is absolutely no
hurrying after work.  Steak night is a time of leisure so take all the time
you need to get home, change and relax before heading out.  I live at the
Park at River Oaks (West Alabama & Buffalo Speedway on Buffalo Speedway--from
your place just take a right on Buffalo Speedway and its the first place on
your left) and the only entrance has a guard and he will call up to my place
to let you in.  Park at any labelled guest spot (left side of the up ramps 4
floors) and my place is #3309 - closest building to the corner of Buffalo
Speedway and West Alabama.  Now I am really tired from all this typing.

Ted

By the way, a maid service is coming to clean my place tomorrow afternoon.
Quite a coincidence ... hmmm

Susan M Scott
07/18/2000 02:40 PM
To: Ted Noble/HOU/ECT@ECT
cc:
Subject: No sleeping on the job...

Hey Math-Wiz,

I completely understand your plight.  I too am suffering a two o'clock,
post-lunch slump (the coffee is simply not working at this point).  Anyway, I
think a change of clothes prior to Steak Night is probably a good idea.
Also, driving tomorrow is not a problem... just let me know the gate code,
apt. #, etc.  Along those same lines, what time did you want to head over
there?  (For better-safe-than-sorry reasons, due to my job, I think no
earlier than 7:30 p.m. is our best bet.)

Hope you're having a lovely day and don't work too hard (Ha!!).

Susan

Ted Noble
07/18/2000 02:05 PM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: Every day needs a little dose of levity...

Hey Shorty,

I hope your day is going well.  We took our MD out for lunch because he is
relocating to NY and will spend about a week in Houston a month.  Well, to
make a short story long, we ate at Erma's (great food) but I am getting very
sleepy (life is difficult I know) from eating way too much.  I assume we are
going home to change into some casual/hot weather clothes before dinner
tomorrow and I may need you to pick me up.  I am still looking for some good
jokes that I can send to you that are funny but still moderately appropriate
(most are completely inappropriate - I have sick friends).  Check out
www.darwinawards.com for some funny but true stories.  I'll talk to you later.

Ted


Start Date: 10/24/01; HourAhead hour: 2;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102402.txt

Error retrieving HourAhead price data - process continuing...


---------------------- Forwarded by Darron C Giron/HOU/ECT on 01/23/2001
09:34 AM ---------------------------

"Brent Wallace" <bwallace@zahrsecurities.com> on 01/16/2001 08:55:34 AM
Please respond to <BWallace@zahrsecurities.com>
To: "Ben Rollman" <BRollman@protrader.com>, "Darron. C. Giron@enron. com"
<Darron.C.Giron@enron.com>, "Doug Benditz" <doug@cont-casing.com>,
"Joe@gallup. com" <Joe@gallup.com>, "Jeff Young" <jyoung@tcast.com>, "James
Conlee" <jconlee@tradecast.com>, "Hollyw" <hollyw@email.msn.com>
cc:
Subject: FW: Dead Man's Schlong

-> A mortician was working late one night.  It was his job to
> examine the dead bodies before they were sent off to be
> buried or cremated.  As he examined the body of Mr. Schwartz,
> who was about to be cremated, he made an amazing discovery:
> Schwartz had the longest penis he had ever seen!
>
> "I'm sorry Mr. Schwartz," said the mortician, "but I can't
> send you off to be cremated with a tremendously huge penis
> like this.  It has to be saved for posterity."  And the
> coroner used his tools to remove the dead man's schlong.
>
> The coroner stuffed his prize into a briefcase and took it
> home.  The first person he showed was his wife. "I have
> something to show you that you won't believe," he said, and
> he opened his briefcase.
>
> "Oh, my god!" she screamed, "Schwartz is dead!"


Dana,
Will you please make me an account recon folder for Co. 0072  and 1699

THANK YOU!


Michelle,

I would appreciate it if you would call Mark and get the local counsel mater
resolved. ODNSS' recommendations/suggestions on a variety of matters and
their support activity for NEPCO over the last couple of years has been well
received and valued by our internal clients. Thanks.

Mike

-----Original Message-----
From: Cash, Michelle [mailto:Michelle.Cash@ENRON.com]
Sent: Thursday, October 04, 2001 7:49 PM
To: David.Lund@nepco.com@ENRON; Mike.Indivero@nepco.com
Cc: Galen.Torneby@nepco.com; Bob.Black@nepco.com; Gillis, John; Smith, Gary
Subject: RE: lake worth project

David,

For clarification, I was present during Mark Stubley's brief training
session over the phone.  I memorialized the key points in a summary email.
Let me know if you or anyone else would like a copy of it.

On the issue of Ogletree training, I had mentioned that it might be more
cost efficient to have someone in Florida conduct the training.  Mike had
indicated a preference to use Mark Stubley at Ogletree.  Of course, since
Mark has done it for us in the past, I am ok with him doing it as well.  I
just was looking at the outside expenditures, as we all have been doing
lately (particularly outside counsel bills), and thought that there may be
some cost savings.  In some circumstances, outside counsel who have to
travel cut their rates a bit for travel time (don't know if Stubley does
that), so the cost differential could be minimal, but I thought I'd raise it
since there are qualified attorneys in Florida who could assist in that
arena.

I'll give Mark a call to finalize the issue of local counsel, which I do not
believe to be significant.  Because Mark has contacted them, they already
have run a conflict check and are ready to go.  All it would take to get
them "engaged" would be a phone call.  There should not be any cost incurred
at this point, because they only are on standby, so I think it is good to
line them up.  I'll let you know if Jim Derrick has any issue with their
recommendation.  I also have received recommendations for top-notch local
labor counsel in Florida if we choose to go that route.

Let me know if you have any questions.

Michelle

-----Original Message-----
From: David.Lund@nepco.com@ENRON
Sent: Thu 10/4/2001 7:56 PM
To: Mike.Indivero@nepco.com
Cc: Galen.Torneby@nepco.com; Bob.Black@nepco.com; Gillis, John; Cash,
Michelle
Subject: RE: lake worth project

Mike,

I know of no hold up here.  I spoke to Michelle Cash and she had not

withheld or said different to retaining this counsel.  I would suggest that

you call Michelle (713-853-6401) anytime you have a concern with regard to

the progress of any labor and employment matter handled by outside or inside

counsel.  And if Stubley is concerned about who he would like to work with

in Florida, he is equally able to call Michelle and discuss it.

As for a review of the training on union avoidance by Ogletree Deakins, by

copy to Michelle, I'll ask for her input here.

I saw the correspondence from Mr. Fitzgerald regarding his meeting with the

Mayor of Lake Worth.  I interpret this as a public official saying what is

expected, neither favoring the picketers or us, just saying he will up-hold

the law.  We appreciate that.

David H. Lund, Jr.

Assistant General Counsel

National Energy Production Corporation

11831 North Creek Parkway N.

Bothell, WA 98011

425-415-3138

Fax: 425-415-3032

David.Lund@nepco.com or davidlu@nepco.com

                -----Original Message-----

                From:   B-Mike Indivero

                Sent:   Wednesday, October 03, 2001 2:28 PM

                To:     B-David Lund

                Cc:     B-Galen Torneby; B-Bob Black; B-John Gillis

                Subject:        FW: lake worth project

                David...fyi...thought this would have been resolved by

now...does our movement over to egs change the counsel we work with within

Enron?...hate to see us not have local counsel ready to go if/when

needed...setting this up is a minimal cost item...( by the way staff

training for union avoidance and preventing harassment conducted by odnss is

set up for 11/6)...suggestions/thoughts...let me know...thanks...Mike

                -----Original Message-----

                From: Stubley, Mark [ mailto:StubleMM@odnss.com
<mailto:StubleMM@odnss.com> ]

                Sent: Wednesday, October 03, 2001 12:36 PM

                To: 'Mike.Indivero@nepco.com'

                Subject: RE: lake worth project

                I forwarded our recommendation for local counsel to Michelle

Cash. She

                indicated that Enron might want to use another firm. In the

meantime, we

                will continue to use Cole Fitzgerald.  On September 24, I

copied you (as

                well as Michelle Cash and David Lund) on Cole's

correspondence concerning

                his meeting with the mayor of Lake Worth. So, his

connections should prove

                helpful.

                Lund has provided me a copy of NEPCO's subcontract. Our

review and comments

                should be complete by Friday.

                We conducted the quick, over-the-phone training for the

management team at

                Lake Worth approximately two weeks ago.  We agreed to

conduct on-site

                training when more of the project management team is present

at the site. No

                specific time is scheduled.

                We have not received a plat for the project. We have not

determined the gate

                setup. We have determined, however, that all construction

traffic and

                deliveries would use the southern gate, not the main gate to

the facility.

                -----Original Message-----

                From: Mike.Indivero@nepco.com

[ mailto:Mike.Indivero@nepco.com <mailto:Mike.Indivero@nepco.com> ]

                Sent: Wednesday, October 03, 2001 2:17 PM

                To: mark.stubley@odnss.com

                Cc: Galen.Torneby@nepco.com; Bob.Black@nepco.com;

                Gloria.Rivas@nepco.com; Mike.Croall@nepco.com;

rick.johnson@enron.com

                Subject: lake worth project

                mark...where are with possibly of obtaining local counsel

for the lake worth

                project?..have we reviewed the fence/gate issue and come to

some

                conclusions?...also what about the training we discussed?...

pls let me know

                ..thanks...mike

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************

 - C.DTF


Making progress in energy!    Mark


As we go into a possible deal with someone on Netco, we need to screen info transmitted to parties carefully and try to not send something if possible. If we need to transmit info out lets review it before it goes. Lavo or one of his people may want to review as well. Thanks Rick


The idea of using legislation to more narrowly tailor PUC jurisdiction over
the local loop seems promising.

Barbara/Sue:  do you know how the various interests have lined up around this
legislation?  Did NARUC get involved?

All:  If data services were exempt from CLEC licensing requirements, would we
still need to be licensed as a CLEC to sign interconnection agreements with
incumbents?  If so, what would have to change to allow us to sign
interconnection agreements (and get wholesale pricing for UNEs) without being
a CLEC?

	Susan M Landwehr
	12/27/2000 04:55 PM

		 To: Margo Reyna/NA/Enron@Enron
		 cc: Barbara A Hueter/NA/Enron@Enron, Sue Nord/NA/Enron@Enron,
scott_bolton@enron.net, Tracy Cooper/Enron Communications@Enron Communications
		 Subject: Re: Ohio Telecommunications Legislation

MArgo--as is indicated in the body of the information that you send, the
stated reason for the changes is to more narrowly define LOCAL services so
that other services  would fall outside of the more strict regulatory
oversight of the PUC.  Specifically they include voice communications, and
take out data and image communications (this is good).  However, our
experience so far with the PUCO has not indicated that there is going to be a
whole lot of streamlining as a result of this legislation---they still have
way too many hoops to jump thru as far as we're concerned!

	Margo Reyna
	12/14/2000 03:30 PM

		 To: Susan M Landwehr/NA/Enron@Enron
		 cc:
		 Subject: Ohio Telecommunications Legislation

Sue,

I found the following in a recent Focus Notes issue dated December 8 from RRA:

"Ohio - Telecommunications Legislation--On December 7, 2000, the Ohio House
passed Substitute Senate Bill (SSB) 235 by a 77-8 vote.  SSB 235, if enacted,
would amend current law to redefine the term "basic local exchange service"
for all regulatory purposes.  On December 5, 2000, the bill was unanimously
passed by the Senate.  SSB 235 will be submitted to Gov. Robert Taft (R), who
has expressed support for the bill.  Currently, basic local exchange service
is defined as access to and useage of telephone company-provided facilities
that enable customers, over a local network, to originate or receive voice
grade, data, or image communications.  SSB 235 proposes that local exchange
service be redefined as end-user access to and usage of telephone
company-provided services that enable a customer, over the primary line
serving the customer's premises, to originate or receive voice communications
within a local service area.  Local exchange service would consist of the
following:  local dial tone service; touch tone dialing service; access to
and usage of 911 services; access to operator services and directory
assistance; provision of a telephone directory and a listing in that
directory; per call, caller identification blocking services; access to
telecommunications relay service; and, access to toll presubscription,
interexchange and/or toll providers, and networks of other telephone
companies.  Under SSB 235, the Ohio Public Utilites Commission (PUC) would be
able to adopt alternative regulation plans for incumbent local exhange
companies that do not require pricing or earnings restrictions on fully
competitive services, especially on a service such as digital subscriber line
(DSL), which is provisioned through the upper-level spectrum of the local
loop.  In addition, the law would change the scope of the PUC's
merger-related authority as it pertains to telecommunications companies.
Under current law, a company must obtain PUC approval prior to its
acquisition of a basic local service provider in Ohio.  If the definition of
basic local service becomes more narrowly defined by SSB 235, the PUC's
jurisdiction over certain mergers may be eliminated.

Is this useful, and is it something that we care about?

Margo Reyna
Regulatory Analyst
Enron Corp., Government Affairs
Phone:  713-853-9191


Jay:  I am a lawyer with Enron.  I called for you on Friday, you're out, and
no one else could help.  I would like to speak with a Vitol lawyer about (1)
replacing our existing financial master with an ISDA (to accommodate a
broader range of products) and (2) specifically incorporating the relevant
ISDA definitions into the recent weather transaction confirmations even
though the master is an early master energy price swap agreement.  Please
call me at 713 853-5620 with the information so that we can move quickly.
Thank you for your help.  Sara


..Hidden Dragon
is playing at Cinema 21.  Pat and I are going on Thursday, which is the last
day of the run, for the 7pm showing.  Just seeing if anyone is interested in
going.  We are also thinking of going to the Gypsy (right across the street)
for some happy hour brews as well.
c


----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:51 PM -----

	Scott Govenar <sgovenar@govadv.com>
	02/16/2001 07:13 AM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
David Parquet <David.Parquet@enron.com>, Rick Johnson
<rick.johnson@enron.com>, Marcie Milner <mmilner@enron.com>, Sandra McCubbin
<Sandra.McCubbin@enron.com>, Tim Belden <Tim.Belden@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Chris Calger <ccalger@enron.com>, Mary Hain
<mary.hain@enron.com>, Joe Hartsoe <Joe.Hartsoe@enron.com>, Donna Fulton
<Donna.Fulton@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, Beverly Aden <beverly.aden@enron.com>, Bill Votaw
<bill.votaw@enron.com>, Carol Moffett <carol.moffett@enron.com>, Debora
Whitehead <debora.whitehead@enron.com>, Dennis Benevides
<dennis.benevides@enron.com>, Don Black <don.black@enron.com>, Dorothy
Youngblood <dorothy.youngblood@enron.com>, "dblack@enron.com"
<dblack@enron.com>, "emelvin@enron.com" <emelvin@enron.com>,
"ehughes2@enron.com" <ehughes2@enron.com>, "gweiss@enron.com"
<gweiss@enron.com>, "gsavage@enron.com" <gsavage@enron.com>,
"Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>, "kgustafs@enron.com"
<kgustafs@enron.com>, Mike D Smith <msmith1@enron.com>, "ryang@enron.com"
<ryang@enron.com>, "sgahn@enron.com" <sgahn@enron.com>, "vsharp@enron.com"
<vsharp@enron.com>, "wcurry@enron.com" <wcurry@enron.com>,
"William.S.Bradford@enron.com" <William.S.Bradford@enron.com>
		 cc:
		 Subject: SBX 6 / SBX 33

The Senate did not take up SBX 6 or SBX 33 prior to adjourning for the
long weekend.  The next time the Senate will meet is on Tuesday at 10:00
a.m.  I have attached the most recent versions of both bills.

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_6_bill_20010215_amended_
sen.pdf

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_33_bill_20010215_amended
_sen.pdf


---------------------- Forwarded by Ross Newlin/ENRON_DEVELOPMENT on
09/27/2000 10:32 AM ---------------------------

Katherine Padilla
09/27/2000 08:57 AM
To: Ross Newlin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Cecilia Ramirez/NA/Enron@ENRON

Subject: Re: ORG Chart...

For your files...
---------------------- Forwarded by Katherine Padilla/ENRON_DEVELOPMENT on
09/27/2000 09:00 AM ---------------------------

Pete McCormick
09/26/2000 08:17 AM
To: Katherine Padilla/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Re: ORG Chart...


----- Forwarded by Jeff Dasovich/NA/Enron on 04/24/2001 01:37 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	04/23/2001 03:40 PM

		 To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Craig H Sutter/HOU/EES@EES, Dan
Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES, Dennis Benevides/HOU/EES@EES,
Don Black/HOU/EES@EES, Dorothy Youngblood/HOU/ECT@ECT, Douglas
Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES,
Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES,
Gayle W Muench/HOU/EES@EES, Ginger Dernehl/NA/Enron@ENRON, Gordon
Savage/HOU/EES@EES, Harold G Buchanan/HOU/EES@EES, Harry
Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western
Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy
Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy
Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S
Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, mpalmer@enron.com, Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula
Warren/HOU/EES@EES, Richard L Zdunkewicz/HOU/EES@EES, Richard
Leibert/HOU/EES@EES, Richard Shapiro/NA/Enron@ENRON, Rita
Hennessy/NA/Enron@ENRON, Roger Yang/SFO/EES@EES, Rosalinda
Tijerina/HOU/EES@EES, Sandra McCubbin/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Scott Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES,
Sharon Dick/HOU/EES@EES, skean@enron.com, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, Jubran
Whalan/HOU/EES@EES, triley@enron.com, Richard B Sanders/HOU/ECT@ECT, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Wolfe/HOU/ECT@ECT, James
Wright/Western Region/The Bentley Company@Exchange, Dirk vanUlden/Western
Region/The Bentley Company@Exchange, Steve Walker/SFO/EES@EES, Jennifer
Rudolph/HOU/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, Douglas
Condon/SFO/EES@EES, wgang@enron.com, Scott Govenar <sgovenar@govadv.com>,
Hedy Govenar <hgovenar@govadv.com> @ ENRON, jklauber@llgm.com, Mike D
Smith/HOU/EES@EES, John Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Janel
Guerrero/Corp/Enron@Enron, Eric Letke/DUB/EES@EES, Richard B
Sanders/HOU/ECT@ECT, gfergus@brobeck.com, Michael Tribolet/ENRON@enronXgate,
Robert Frank/NA/Enron@Enron, Richard B Sanders/HOU/ECT@ECT,
gfergus@brobeck.com, Susan J Mara/NA/Enron@ENRON
		 cc:
		 Subject: Legislation:  competitive default provider; long-term contracts;
core/noncore split in electricity

Apologies.  The competitive default provider bill is actually being sponsored
by our brave compatriots at The New Power Company.
Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/23/2001 03:39 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	04/23/2001 03:24 PM

		 To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Craig H Sutter/HOU/EES@EES, Dan
Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES, Dennis Benevides/HOU/EES@EES,
Don Black/HOU/EES@EES, Dorothy Youngblood/HOU/ECT@ECT, Douglas
Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES,
Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES,
Gayle W Muench/HOU/EES@EES, Ginger Dernehl/NA/Enron@ENRON, Gordon
Savage/HOU/EES@EES, Harold G Buchanan/HOU/EES@EES, Harry
Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western
Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy
Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy
Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S
Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, mpalmer@enron.com, Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula
Warren/HOU/EES@EES, Richard L Zdunkewicz/HOU/EES@EES, Richard
Leibert/HOU/EES@EES, Richard Shapiro/NA/Enron@ENRON, Rita
Hennessy/NA/Enron@ENRON, Roger Yang/SFO/EES@EES, Rosalinda
Tijerina/HOU/EES@EES, Sandra McCubbin/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Scott Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES,
Sharon Dick/HOU/EES@EES, skean@enron.com, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, Jubran
Whalan/HOU/EES@EES, triley@enron.com, Richard B Sanders/HOU/ECT@ECT, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Wolfe/HOU/ECT@ECT, James
Wright/Western Region/The Bentley Company@Exchange, Dirk vanUlden/Western
Region/The Bentley Company@Exchange, Steve Walker/SFO/EES@EES, Jennifer
Rudolph/HOU/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, Douglas
Condon/SFO/EES@EES, wgang@enron.com, Scott Govenar <sgovenar@govadv.com>,
Hedy Govenar <hgovenar@govadv.com> @ ENRON, jklauber@llgm.com, Mike D
Smith/HOU/EES@EES, John Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Janel
Guerrero/Corp/Enron@Enron, Eric Letke/DUB/EES@EES, Richard B
Sanders/HOU/ECT@ECT, gfergus@brobeck.com, Michael Tribolet/ENRON@enronXgate,
Robert Frank/NA/Enron@Enron, Richard B Sanders/HOU/ECT@ECT,
gfergus@brobeck.com, Susan J Mara/NA/Enron@ENRON
		 cc:
		 Subject: Legislation:  competitive default provider; long-term contracts;
core/noncore split in electricity

FYI.  From our folks in Sacramento:

AB 1085 is AES' competitive default provider bill.  It's not an emergency
bill, so it will be dealt with throughout the remainder of the spring and
summer.
AB 57 is a legislator's suggestions on how long-term contracts should be
"regulated."  Also no an emergency bill.
AB18X is an emergency bill and it would create a core/noncore split in
electricity similar to the one that exists in California's gas market.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/23/2001 03:21 PM -----

	Scott Govenar <sgovenar@govadv.com>
	04/23/2001 02:24 PM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
Sandra McCubbin <Sandra.McCubbin@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, "Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>,
Mike D Smith <msmith1@enron.com>, Leslie Lawner <Leslie.Lawner@enron.com>,
Robert Frank <rfrank@enron.com>, Ken Smith <ken@kdscommunications.com>, Janel
Guerrero <Janel.Guerrero@enron.com>, Jennifer Thome
<Jennifer.Thome@enron.com>, Eric Letke <eletke@enron.com>
		 cc:
		 Subject: Legislation

Following up on our conference call, attached please find the following
bills:

AB 1085
http://info.sen.ca.gov/pub/bill/asm/ab_1051-1100/ab_1085_bill_20010404_amended
_asm.pdf

AB 57
http://info.sen.ca.gov/pub/bill/asm/ab_0051-0100/ab_57_bill_20010416_amended_a
sm.pdf

SBX 18
http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_18_bill_20010125_introdu
ced.pdf


Please ensure that real-time prices for ERCOT, PJM, NY, and NEPOOL are added to the cube database.   I have been analyzing the data today and the real-time clearing prices are not there.

Thanks.

Kevin Presto
East Power Trading
Phone:  713-853-5035
Cell:  713-854-3923
Fax:  713-646-8272


Jonathan Uman ( cell 917-658-9722)Jonathan Uman ( cell 917-658-9722)


IF YOU ARE PLANNING ON EATING BREAKFAST AND LUNCH TOMORROW PLEASE COME SEE ME WITH CASH!!!!

THANKS

T.Jae Black
East Power Trading
Assistant to Kevin Presto
off. 713-853-5800
fax 713-646-8272
cell 713-539-4760


will addition of spe above twp require ferc disclosure or shipper notifcation?


continental.com Specials for jeff shankman
Tuesday, November 27, 2001
****************************************

AIRTRAIN NEWARK NOW OPEN

Fast, safe, and dependable direct train service from Newark Airport to midtown Manhattan in less than 30 minutes.

Visit continental.com at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9.A
for more information.

TRAVEL UPDATES
Be sure to check continental.com at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9-A
before leaving for the airport. We're looking forward to welcoming you onboard!

****************************************
TABLE OF CONTENTS
1. This Week's Destinations
2. Continental Vacations Offers
3. Hilton Hotels & Resorts, Doubletree Hotels & Resorts, & Embassy Suites Hotels Offers
4. Alamo Rent A Car Offers
5. National Car Rental Offers

****************************************
1. THIS WEEK'S DESTINATIONS

Depart Saturday, December 1 and return on either Monday, December 3 or Tuesday, December 4, 2001. Please see the Terms and Conditions listed at the end of this e-mail.

For OnePass members, here are special opportunities to redeem miles for travel to the following destinations. As an additional benefit, OnePass Elite members can travel using the miles below as the only payment necessary. The following are this week's OnePass continental.com Specials.

To use your OnePass miles (as listed below) to purchase continental.com Specials, you must call 1-800-642-1617.

THERE WILL NOT BE AN ADDITIONAL $20 CHARGE WHEN REDEEMING ONEPASS MILES FOR CONTINENTAL.COM SPECIALS THROUGH THE TOLL FREE RESERVATIONS NUMBER.

If you are not using your OnePass miles, purchase continental.com Specials online until 11:59pm (CST) Friday at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%2CA
You can also purchase continental.com Specials for an additional cost of $20 per ticket through our telephone service at 1-800-642-1617.

****************************************
TRAVEL MAY ORIGINATE IN EITHER CITY
****************************************

****Roundtrip BETWEEN NEW YORK/NEWARK and:

$29 + 12,500 Miles or $119 - Ft. Lauderdale, FL
$29 + 10,000 Miles or $109 - Hartford, CT
$29 + 10,000 Miles or $109 - Manchester, NH
$29 + 10,000 Miles or $109 - Providence, RI

********************************
2. CONTINENTAL VACATIONS OFFERS

5,000 OnePass Bonus Miles Just for Skiing!

Enjoy the best of Colorado's white powder during ski season. Book a ski package for 5 nights or longer and you can earn 5,000 OnePass Bonus Miles on Continental Airlines.

For more information about this exciting offer, visit:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%2BA

****************************************
3. CONTINENTAL.COM SPECIALS FROM HILTON HOTELS AND RESORTS, DOUBLETREE
HOTELS AND RESORTS, AND EMBASSY SUITES HOTELS

The following rates are available December 1 - December 3, 2001 and are priced per night.
--------------------------------------
Fort Lauderdale, FL - Hilton Fort Lauderdale Airport, Dania, FL. - $119

Hartford, CT - Hilton Hartford, Hartford, CT. - $119

Manchester, NH - Hilton Dedham Place, Dedham, MA. - $79

Newark, NJ - Hilton Parsippany, Parsippany, NJ. - $89
Newark, NJ - Doubletree Club Suites Jersey City, Jersey City, NJ. - $159

New York, NY - Hilton New York, New York, NY. - $179/Night, 12/1-2

To book this week's special rates for Hilton Family Hotels, visit and book at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9*A
Special rates apply only for the dates listed at each hotel and are subject to availability. Check hilton.com for specific dates at each Hilton Family Hotel. Or call at 1-800-774-1500 and ask for Value Rates. Restrictions apply to these rates.

********************************
4. CONTINENTAL.COM SPECIALS FROM ALAMO RENT A CAR

Rates listed below are valid on compact class vehicles at airport locations only. Other car types may be available. Rates are valid for rentals on Saturday, December 1 with returns Monday, December 3 or Tuesday, December 4, 2001.
-------------------------------
$26 a day in:  Hartford, CT (BDL)
$26 a day in:  Newark, NJ (EWR)
$26 a day in:  Fort Lauderdale, FL (FLL)
$26 a day in:  Providence, RI (PVD)

To receive continental.com Specials discounted rates, simply make advance reservations and be sure to request ID # 596871 and Rate Code 33. Book your reservation online at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%29A
or contact Alamo at 1-800 GO ALAMO.

*If you are traveling to a city or a different date that is not listed, Alamo offers great rates when you book online at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%28A
For complete details on these offers, please refer to Alamo's terms and conditions below.

****************************************
6. CONTINENTAL.COM SPECIALS FROM NATIONAL CAR RENTAL

Rates listed below are valid on intermediate class vehicles at airport locations only. Other car types may be available. Rates are valid for rentals on Saturday, December 1 with returns Monday, December 3 or Tuesday, December 4, 2001.
------------------------------------------
$29 a day in:  Hartford, CT (BDL)
$29 a day in:  Newark, NJ (EWR)
$29 a day in:  Fort Lauderdale, FL (FLL)
$21 a day in:  Manchester, NH (MHT)

To receive continental.com Specials discounted rates, simply make your reservations in advance and be sure to request Product Code COOLUS. To make your reservation, contact National at 1-800-CAR-RENT (1-800-227-7368), or book your reservation online at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%27A
Please enter COOLUS in the Product Rate Code field, and 5037126 in the Contract ID field to ensure you get these rates on these dates.

* If you are traveling to a city or a different date that is not listed, National offers great rates when you book online at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%26A
For complete details on these offers, please refer to National's terms and conditions below.

****************************************
CONTINENTAL.COM SPECIALS RULES:
Fares include a $37.20 fuel surcharge.  Passenger Facility Charges, up to $18 depending on routing, are not included. Up to $2.75 per segment federal excise tax, as applicable, is not included.  Applicable International and or Canadian taxes and fees up to $108, varying by destination, are not included and may vary slightly depending on currency exchange rate at the time of purchase. For a complete listing of rules please visit:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9.%2FA

ALAMO RENT A CAR'S TERMS AND CONDITIONS:
Taxes (including VLF taxes up to US$1.89 per day in California and GST), other governmentally-authorized or imposed surcharges, license recoupment fees, fuel, additional driver fee, drop charges and optional items (such as CDW Waiver Savers(R) up to US$18.99 a day,) are extra. Renter must meet standard age, driver and credit requirements. Rates higher for drivers under age 25. Concession recoupment fees may add up to 14% to the rental rate at some on-airport locations. Up to 10.75% may be added to the rental rate if you rent at an off-airport location and exit on our shuttle bus. Weekly rates require a 5-day minimum rental or daily rates apply. For weekend rates, the vehicle must be picked up after 9 a.m. on Thursday and returned before midnight on Monday or higher daily rates apply. 24-hour advance reservation required. May not be combined with other discounts. Availability is limited. All vehicles must be returned to the country of origin. Offer not valid in San Jose, CA.

NATIONAL CAR RENTAL TERMS AND CONDITIONS:
Customer must provide Contract ID# at the time of reservation to be eligible for discounts. Offer valid at participating National locations in the US and Canada. Minimum rental age is 25. This offer is not valid with any other special discount or promotion. Standard rental qualifications apply. Subject to availability and blackout dates. Advance reservations required. Geographic driving restrictions may apply.

---------------------------------------
This e-mail message and its contents are copyrighted and are proprietary products of Continental Airlines, Inc. Any unauthorized use, reproduction, or transfer of the message or its content, in any medium, is strictly prohibited.

****************************************
If you need assistance please visit:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9..A
View our privacy policy at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9.-A

This e-mail was sent to: jshankm@ect.enron.com
You registered with OnePass Number: PB185192

TO UNSUBSCRIBE:
We hope you will find continental.com Specials a valuable source of information. However, if you prefer not to take advantage of this opportunity, please let us know by visiting the continental.com Specials page on our web site at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9.%2BA

TO SUBSCRIBE:
Please visit the continental.com Specials page on our web site at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C*9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9.%2CA


For your viewing pleasure . . .
---------------------- Forwarded by Eric Bass/HOU/ECT on 03/19/2001 10:51 AM
---------------------------

"Eric Bass" <dominator128@hotmail.com> on 03/18/2001 03:30:56 PM
To: ebass@enron.com
cc:
Subject:

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com

 - Contract Letter.doc


---------------------- Forwarded by Tana Jones/HOU/ECT on 12/10/99 05:05 PM
---------------------------

Molly Harris
12/10/99 05:01 PM
To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT
cc: Bob Shults/HOU/ECT@ECT, Amelia Alland/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT,
Brant Reves/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT
Subject: EOL Credit Responses 12/10

Please find attached Credit's EOL responses for 12/10.

Regards
Molly


Stinson,

N o problem.

Vince

Stinson Gibner
01/07/2000 10:51 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT, Melissa Jones/Enron Communications@Enron
Communications, Zimin Lu/HOU/ECT@ECT, Jean Mrha/Enron Communications@Enron
Communications
Subject: Stinson vacation in Feb.

Vince:

I would like to take four days of vacation time in February, from Feb. 22
through 25th.

thanks,
--Stinson


---------------------- Forwarded by Kay Mann/Corp/Enron on 01/02/2001 12:53
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/02/2001 09:07:05 AM
To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: RE: CA Energy Development LLC documents

 <<2R6L18!.DOC>>  <<2RM309!.DOC>>  <<2RLS10!.DOC>>  <<2R6K13!.DOC>>
<<2RSW04!.DOC>>

Kay:

Electronic copies of execution drafts of the following documents are
attached:

 1.  Letter Agreement for CA Energy Development I LLC;
 2.  Letter Agreement for CA Energy Development II LLC for the
turbine;
 3.  Letter Agreement for CA Energy Development II LLC for the
transformer;
 4.  First Amended and Restated Limited Liability Company Agreement
for CA Energy Development I LLC; and
 5.  First Amended and Restated Limited Liability Company Agreement
for CA Energy Development II LLC.

The originals of these documents were forwarded by courier to your office on
Friday.  I will deliver the original Guaranty Agreements to you today.  Let
me know if you need anything else.  Thank you.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

  -----Original Message-----
  From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
  Sent: Tuesday, January 02, 2001 8:40 AM
  To: Campbell, Carolyn
  Subject: CA documents

  Hi Carolyn,

  Please email me the execution version of the documents
signed last week, as
  well as the current version of the other documents.  Were
the originals put
  in the mail?  My assistant isn't here, so I can't tell what
I have yet.

  Thanks,

  Kay

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2R6L18!.DOC
 - 2RM309!.DOC
 - 2RLS10!.DOC
 - 2R6K13!.DOC
 - 2RSW04!.DOC


Can you set up a mid for all deals at a location of NBPL/Peoples and
PGLC/NBPL.  The intramonth curve Chi./N/Border and the gas daily curve is
GDC-Chi./N/Bord.  Can you tell me how many deals are currently in the system
for these two locations.  Sorry to rush you, but I need these in for calcing
tonight.  Thanks.
PL
3-7376


Attached are comments to the Schedule but not the CSA.
Russell:  Have you had any conversations with FP&L credit?
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/27/2000
12:44 PM ---------------------------

"Serge Martin" <Sgm@Steelhector.com> on 03/27/2000 12:22:07 PM
To: Sara.Shackleton@enron.com
cc:
Subject: Florida Power & Light Company - Attached Files

Sara:  Enclosed are clean and marked copies of a revised schedule for
the proposed ISDA master agreement between Enron and FP&L.  I have
only reviewed and commented at this time on the master agreement's
schedule itself (I have left the credit support annex attached within
the same document, as you sent it, but have not yet reviewed or
commented on it, so ignore it for now).  I have reviewed many such
schedules and found your form to be quite good (as you may know, those
of some large market-makers are not so good, so please don't take this
as patronizing; it's a sincere compliment).  Hopefully you will find
the revisions equally acceptable.  I look forward to your comments or
approval.  Regards, -Serge

Serge G. Martin
smartin@steelhector.com
Steel Hector & Davis LLP
200 South Biscayne Blvd.
Miami, Florida 33131-2398
(305) 577-7097 voice
(305) 577-7001 fax

 - 570710_2.DOC
 - 572856_1.DOC


We had a little Excel disaster this afternoon adding fields for ENA, so if
it's okay I'd like to deliver the environmental documents first thing Tuesday
morning.  Unfortunately, Stacey is gone for the afternoon on personal matters
and I am leaving for a doctors appt as well otherwise we'd send them today.
You will have the map and the RPS and Disclosure standards and the New
England model rule first thing in the morning.


<http://secure.scientech.com/images/spacer.gif>	  <http://secure.scientech.com/images/spacer.gif>
  <http://secure.scientech.com/_IA_TEST/Corner_TL.jpg>	  <http://secure.scientech.com/images/spacer.gif>	  <http://secure.scientech.com/_IA_TEST/Corner_TR.jpg>
	  <http://secure.scientech.com/rci/wsimages/ia_banner02.gif>
  <http://secure.scientech.com/_IA_TEST/Corner_BL.jpg>		  <http://secure.scientech.com/_IA_TEST/Corner_BR.jpg>

  <http://secure.scientech.com/images/spacer.gif>	 <http://secure.scientech.com/rci/details.asp?ProductID=971>

  <http://secure.scientech.com/images/spacer.gif>	  <http://secure.scientech.com/images/spacer.gif>
	  <http://secure.scientech.com/rci/wsimages/will100border_copy.jpg>
  <http://secure.scientech.com/_IA_TEST/Corner_TL.jpg>		  <http://secure.scientech.com/_IA_TEST/Corner_TR.jpg>

SPONSORS

  <http://secure.scientech.com/images/spacer.gif> <http://secure.scientech.com/main/ad_redirect.asp?URL=http://wwwthestructuregroup.com>
  <http://secure.scientech.com/images/spacer.gif>

INFORMATION PRODUCTS

 <http://secure.scientech.com/specialpages/Generation_Technology_IAs.asp>   <http://secure.scientech.com/images/spacer.gif> <http://secure.scientech.com/specialpages/Generation_Technology_IAs.asp>   <http://secure.scientech.com/images/spacer.gif>

CONFERENCES

  <http://secure.scientech.com/images/spacer.gif> <http://secure.scientech.com/main/ad_redirect.asp?URL=http://cpunmsu.edu/>Center for
Public Utilties
The Basics:
Practical Skills for a Changing Utility   <http://secure.scientech.com/images/spacer.gif> <http://secure.scientech.com/specialpages/New_Rate_Card.asp>   <http://secure.scientech.com/images/spacer.gif>
  <http://secure.scientech.com/_IA_TEST/Corner_BL.jpg>		  <http://secure.scientech.com/_IA_TEST/Corner_BR.jpg>

December 19, 2001

Reliant Energy Proceeds with Corporate Restructuring, Bucking Turnaround of Industry Trend

By Will McNamara
Director, Electric Industry Analysis

[News item from PRNewswire] Reliant Energy (NYSE: REI) shareholders approved on Dec. 17 a major step in a corporate restructuring that will ultimately divide the company into a regulated energy-delivery company named CenterPoint Energy and a competitive energy services provider called Reliant Resources.

Analysis: It is somewhat surprising that Reliant Energy is proceeding with its massive restructuring, which it acknowledges is being done to maximize shareholder value, considering how dramatically the market has changed since the company first announced its plans about 17 months ago. In July 2000, Reliant's plans to bifurcate its operations were just the latest in a string of similar restructuring initiatives from companies such as Southern Co. and Xcel Energy, both of which spun off high-growth, unregulated subsidiaries into stand-alone companies in very successful IPOs. Fast forward a year later and the splitting of regulated operations from unregulated operations into two stand-alone companies no longer appears to be a sure-fire business decision. For example, companies such as Constellation Energy and Allegheny Energy, which announced plans to engage in this kind of restructuring activity after Reliant's announcements, now have backpedaled and put such plans on hold. The details among the companies may be different, but the end result is pretty much the same: splintering an integrated company into two operations to attract two sets of investors. At the onset of the plans, the real appeal was to put unregulated power generation into a separately traded company and sell lots of stock. That sounded like a great idea last year when the independent power producer (IPP) market was going gangbusters. Now, demand and prices have dropped, and the merchant energy industry is shrouded in uncertainty. Into these rocky waters, Reliant Energy is about the only company that still believes a major restructuring is presently a wise move.

As noted, Reliant's restructuring plans have been in motion for over a year, so in fairness to the company, it may be making the decision to proceed with the risky initiative in hopes that investors will still be receptive. The IPO of subsidiary Reliant Resources, held in May 2001, raised about $1.56 billion and was considered one of the most successful offerings this year. Reliant Energy presently owns a little more than 80 percent of Reliant Resources, whose business model is focused primarily on wholesale power marketing, maintaining generating and trading assets, and selling retail energy. Quite naturally, Reliant is hoping for a repeat of that success when the spin-off is completed in the first quarter of 2002.

Let's be clear about what Reliant is doing with this restructuring plan. What shareholders approved this week was the formation of a new holding company called CenterPoint Energy, which will include both the company's regulated energy-delivery business and Reliant Resources. The creation of a new holding company and accompanying name change are being characterized as interim steps that Reliant is taking toward the ultimate separation of the unregulated and regulated businesses. After receiving regulatory approvals from the IRS and SEC, shares of Reliant Energy will be automatically converted into shares of CenterPoint Energy, which will trade under the symbol CEP on the New York and Chicago Stock Exchanges. Trading for Reliant Energy, under the symbol REI, will be discontinued at that point.

As the next step in the restructuring, pending an additional round of regulatory approvals, CenterPoint Energy will spin off the regulated company by distributing its shares of Reliant Resources to its shareholders, creating two separately owned public companies. Ultimately, CenterPoint Energy will own only the regulated side of the business, including electricity transmission and distribution, natural-gas distribution, pipelines, and any power generation facilities that remain regulated.

Reliant's motivations to divide itself into two companies are pretty straightforward. On one hand, the company is simply complying with the regulatory mandates of Texas, which require that state utilities establish firewalls between their operating companies and create separate businesses for generation, energy services, distribution, etc. Yet, more importantly, Reliant is turning the mandate into a potential financial opportunity by establishing two public companies with dramatically different risk / reward profiles. The unregulated side will include such businesses as power generation, marketing and trading, and the European operations. The regulated side will include the businesses related to electricity and natural-gas distribution as well as the company's U.S. interstate pipelines. Note that the company previously indicated plans to sell its communications unit, which has struggled amid a larger market downturn in this sector. Thus, once the restructuring is completed, CenterPoint will be aimed at the traditional type of utility investor, which expects steady returns and reliable dividend income, while Reliant Resources will be more geared toward investors with a high tolerance for risk that want to take advantage of competitive opportunities in the deregulating wholesale market.

Reliant Energy's CEO Steve Letbetter recently said he expects CenterPoint's dividend payout to be comparable to other regulated utilities, suggesting a payout greater than 50 percent of earnings per share. The company had already projected that CenterPoint's earnings per share for 2002 will fall in the range of $1.17 to $1.22.

As I mentioned, however, economic conditions in the energy industry have changed considerably since Reliant announced its restructuring plans over a year ago, and the new industry climate may make the company's decisions to proceed with its plans a risky move. Again, I will point to the examples of Constellation and Allegheny, which really seemed to be caught in the crossfire of the restructuring trend and are still sorting through residual fallout. At the time of their original restructuring announcements, both Constellation and Allegheny had grounds to be fairly confident of their plans, considering how high the valuations for independent generating companies were running at that time.

Yet, in a fast-changing market, those valuations have dropped considerably and the shares of both companies received some major hits related to this decline. Constellation shares were trading at about $50 in May 2001, but presently are priced at half that figure. Allegheny is down about 39 percent from its high of $55 a share to $33. While the drop in share price that these two companies have faced cannot be totally attributed to their restructuring plans, the important point is that companies that planned to restructure have done so to put more emphasis on their unregulated trading operations, a sector that has been undervalued. This point can be supported by looking at companies that have completed their restructuring processes (such as NRG Energy and Mirant), which are trading at 40 to 50 percent below their 52-week highs. Clearly, investor confidence in such companies has been eroded. By the same token, shares of Reliant Energy are trading at about $24, down from a 52-week high of $50, while shares of Reliant Resources are trading at about $15, down from a high of $37.50. This could be related to investors' concerns about the company's plans to proceed with restructuring in the current market climate.

Moreover, a year ago the concept of utility restructuring to separate regulated operations from unregulated businesses seemed like a quick way for companies to cash in on the opportunities created by deregulated energy markets. In fact, it was the expectation of companies involved in the restructuring to gain a 20-plus P/E ratio for the unregulated company once it had been split off from the regulated business. However, the actual process of restructuring, which can take a year or more, is taking place under less-than-conducive market conditions, including a drop in energy prices, reduced demand and warnings of an energy glut. The original purpose of the restructuring plans (that is, to give shareholders increased value) is no longer a guaranteed result for companies that proceed with the separation plan, as Constellation and Allegheny clearly found. Only time will tell if Reliant's completed restructuring plan will prove to be another success or another failure in the energy industry, but it is a fairly safe bet that Reliant is one of the last companies that will be riding the restructuring trend any time soon.

Ironically, one company that routinely has been praised for its strategy this year is Duke Energy (NYSE: DUK), which made a pointed decision to ignore the restructuring trend and remain an integrated company. In addition to recently being named Energy Company of the Year at the 2001 Financial Times Global Energy Awards, Duke's financials remain quite strong. For the third quarter 2001, Duke reported a 46-percent increase in ongoing earnings per share, or $1.02 per share. Year-to-date earnings per share from ongoing operations as of Sept. 30 were $2.30 compared to $1.63 for the same period last year. For year-end 2001, Duke remains committed to delivering earnings growth within a stated guidance of 10- to 15-percent compound annual growth in earnings per share from a base of $2.10 in 2000. Looking ahead to 2002, Duke expects to earn toward the high end of the 10- to 15-percent range. When asked to establish reasons for the company's success, Duke Energy CEO Richard Priory mentioned the decision to remain an integrated company against a trend of other companies splintering apart.

Other Reliant Resources News:
Shareholders of Orion Power Holdings (NYSE: ORN) overwhelmingly approved the merger agreement between Orion and Reliant Resources, which was announced last September. Under the agreement, Reliant is buying Orion for $26.80 per share in a cash transaction valued at approximately $2.9 billion. Reliant Resources will also assume approximately $1.8 billion of Orion Power's net debt. The companies anticipate that the transaction will be completed in early 2002, at which time Orion Power's business will be combined with Reliant Resources' domestic wholesale group.

When previously discussing this acquisition (please see the 9/28/01 IssueAlert available at www.scientech.com <http://secure.scientech.com/rci>), I established five reasons why Reliant is buying Orion, which also support the assessment that it is a strategic purchase. These reasons are as follows: 1) Reliant Resources gains Orion's generating assets, which support its own expanding wholesale business; 2) Orion's assets are primarily located in the Northeast, particularly in New York, which (unlike Reliant's core territory) offers a fully functional deregulated wholesale market; 3) Facing economic downturns and the possible softening of demand, Reliant Resources' acquisition of Orion is expected to immediately keep earnings solid, while other competitors are lowering their own earnings expectations; 4) The purchase illustrates the spate of consolidation efforts that are taking place in the independent power producing market; and 5) The purchase supports Reliant Resources' intentions to focus exclusively on North America and divest its European assets.
  _____

Testimonials:

"Thanks for your material. It is good and I enjoy reading it."

Patrick McCormick
Balch & Bingham, LLP

"Christmas greetings, Will, from one of your readers in Australia.

I must commend you on your articles. I find them not only useful in the detail but also thoughtful in the presentation.

It has indeed been an exciting year. If anything, it proves that 'design' and 'market' do not belong together - but bureaucrats and academic economists will never learn.

Best regards,

Margaret Beardow
Benchmark Economics

  _____

An archive list of previous IssueAlert articles is available at
www.scientech.com <http://secure.scientech.com/issuealert/>

  _____

We encourage our readers to contact us with their comments. We look forward to hearing from you. Nancy Spring  <mailto:nspring@scientech.com>

Reach thousands of utility analysts and decision makers every day. Your company can schedule a sponsorship of IssueAlert by contacting Jane Pelz  <mailto:jpelz@scientech.com>at 505.244.7650. Advertising opportunities are also available on our Website.

  _____

Our staff is comprised of leading energy experts with diverse backgrounds in utility generation, transmission and distribution, retail markets, new technologies, I/T, renewable energy, regulatory affairs, community relations and international issues. Contact consulting@scientech.com <http://consulting@scientech.com> or call Nancy Spring at 505.244.7613.

  _____

SCIENTECH is pleased to provide you with your free, daily IssueAlert. Let us know if we can help you with in-depth analyses or any other SCIENTECH information products. If you would like to refer colleagues to receive our free, daily IssueAlert articles, please register directly on our site at secure.scientech.com/issuealert <http://secure.scientech.com/issuealert/>.

If you no longer wish to receive this daily e-mail, and you are currently a registered subscriber to IssueAlert via SCIENTECH's website, please visit <http://secure.scientech.com/account/> to unsubscribe. Otherwise, please send an e-mail to IssueAlert <mailto:IssueAlert@scientech.com>, with "Delete IA Subscription" in the subject line.

  _____

SCIENTECH's IssueAlert(SM) articles are compiled based on the independent analysis of SCIENTECH consultants. The opinions expressed in SCIENTECH's IssueAlerts are not intended to predict financial performance of companies discussed, or to be the basis for investment decisions of any kind. SCIENTECH's sole purpose in publishing its IssueAlert articles is to offer an independent perspective regarding the key events occurring in the energy industry, based on its long-standing reputation as an expert on energy issues.

Copyright 2001. SCIENTECH, Inc. All rights reserved.
  <http://infostore.consultrci.com/spacerdot.gif?IssueAlert=12/19/2001>


PLEASE READ THIS IMPORTANT INFORMATION CONCERNING THE ENRON STOCK FUND IN THE ENRON CORP. SAVINGS AND ESOP PLANS

On Friday, January 11, trading of Enron stock was suspended on the New York Stock Exchange (NYSE).  All Savings and ESOP Plan transactions, including 401(k) payroll contributions,  involving this fund were placed in a pending status until trading resumed.

As announced by Enron's Office of the Chair on Wednesday, January 16, Enron stock would now be traded Over The Counter (OTC).  Upon receiving this information, work began immediately to develop a process that allows for OTC trades in the plans.

On Thursday, January 17, Enron initiated a process to facilitate OTC trades of Enron stock inside the 401(k) and ESOP and all pending transactions were processed using Thursday's closing price.

Now that trading has resumed, we urge you to review your investment elections to ensure that they are consistent with your investment goals.

As things change, we will continue to update you.

Enron Benefits Department


Start Date: 4/21/01; HourAhead hour: 14;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042114.txt

---- Generation Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: HARBOR
  MKT_TYPE: 2
  TRANS_DATE: 4/21/01
  UNIT_ID: HARBGN_7_UNITS


Jeff --

Currently, having signed the confidentiality agreement in Phase II of the
GRC, I am receiving, about every two weeks, a CD with an updated ,
confidential version of their integrated rate model. I now have a collection
of about 20 of theses things.  The decision was made last February to have
me (as opposed to anyone at Enron) sign the confidentiality agreement and
receive the model while we decided what we were going to do in the
proceeding.  Now that we decided that we are not going to do anything, I was
considering contacting the appropriate PG&E attorney and getting my name
removed from the list to receive model updates and returning the ones I have
gotten to date. I wanted to make sure this was okay with you before I
proceeded.

Jeanne


Start Date: 10/27/01; HourAhead hour: 9;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102709.txt

Error retrieving HourAhead price data - process continuing...


This is a notice to inform you that the server where your Outlook mailbox resides is scheduled for an outage tonight.  Your mailbox will be temporarily unavailable starting anytime after 8pm and may continue to be unavailable until 12 a.m., when all server maintenance work have been completed.  Outlook Web Access (OWA) will also be unavailable during this time.

Blackberry users:  Message delivery may be delayed for a few minutes.

If you have any questions, please call the Resolution Center at x31411.


It needs to also go through Lisa Bills and Ben Jacoby.

It really doesn't matter to me who handles GE signature.  I'd like to get a
copy just to stay current.  Plus, it impacts the break out contract (payment
schedule and scope).

Kay

From: Sheila Tweed@ECT on 12/04/2000 01:08 PM
To: Alan Larsen/PDX/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron

Subject: Re: Fountain Valley

If it's ready to be signed by us and GE, either Kay or I can get it Kent
Shoemaker and Steve Swift for approval.  As a practical metter as long as we
have the right number on the CO and it conforms to the form, you could
probably handle it directly.  What are your thoughts Kay?


REUTERS TO PROVIDE ITS CUSTOMERS WITH ENRONONLINE REAL-TIME QUOTES

Effective June 4, 2001, Reuters has launched a new EnronOnline Real-Time
Quotes service benefiting commodity traders and industry analysts.
Subscribers to this service will be able to view bids, offers and midpoints
as well as high, low and closing midpoint and change from previous day
indications for numerous commodity products available on EnronOnline.
Subscribers will be able to integrate EnronOnline Real-Time Quotes with
Reuters, news, data and analytical tools to view real-time prices and charts
as well as create option models, position reports and other analysis.
Initially, the  quotes will be available for power, natural gas, crude oil
and refined products, metals, bandwidth, coal, seafreight, emission
allowances and weather derivatives markets in North America and Europe.

For more information, visit www.reuters.com/enrononlinequotes or call Reuters
at 1-800-226-3955.  Please forward this e-mail to others who may benefit from
this service.

Disclaimer
All prices presented by Reuters through the EnronOnline Real-Time Quotes
service shall not constitute or be deemed, for any purposes, to be an offer
by EnronOnline or Enron to enter into any transaction on those or any other
terms, and are not available through or deemed to be an offer within any
trading products that may be offered by Reuters in association with the
EnronOnline Real-Time Quotes service. Any use of the EnronOnline.com website
is expressly subject to the terms and conditions contained within the
EnronOnline.com website, including the registration process detailed therein.
By presenting this information within the Reuters site, EnronOnline.com is
not representing or indicating automatic qualification for access to or use
of the EnronOnline.com website for commodity trading.


The current draft of  the FCEL term sheet  per my response to your earlier
email
----- Forwarded by Dan Lyons/HOU/ECT on 09/25/2000 03:26 PM -----

	Heather Kroll
	09/22/2000 02:25 PM

		 To: jletiman@fce.com, jmahler@fce.com
		 cc: Ozzie Pagan/HOU/ECT@ECT, Jeffery Ader/HOU/ECT@ECT, Dan
Lyons/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Michael L
Miller/NA/Enron@Enron, Charles Vetters/HOU/ECT@ECT
		 Subject: Revised Venus Term Sheet

Jerry and Joe,

Attached below is the most recent term sheet as discussed.  Let's have a
conference call on Monday to finalize the terms.

Regards,

Heather


Vince, I received this inquiry about you.  I am forwarding it to you so you
can respond to it or politely tell them your not interested.

---------------------- Forwarded by Cindy Derecskey/Corp/Enron on 07/18/2000
12:03 PM ---------------------------

"alex.bandini" <alex.bandini@petroleum-economics.com> on 07/18/2000 11:10:23
AM
Please respond to <alex.bandini@petroleum-economics.com>
To: <public-relations@enron.com>
cc:

Subject:

Dear Sir/Madam,

I am writing on behalf of Petroleum Economics Ltd, an energy consultancy
firm based in London. We are currently updating our lists of contact
addresses, and I would be most grateful if you could pass on contact details
for Mr Vince Kaminski, your Head of Quantitative Research.

Yours Faithfully

Alex Bandini

_________________________________________

Alex Bandini

Petroleum Economics Limited
Tel: +44 (0)20-7553-2000
Fax: +44 (0)20-7553-2001
E-mail: alex.bandini@petroleum-economics.com
http://www.petroleum-economics.com


I apologize for not getting our January calendar out.  I didn't even think
about it until the 15th.  But I'm back on track and ready to complete the
February calendar.  Please send me any dates you plan to be out of the office
during the month of February.  I hope to have the calendar distributed on
February 1st.  Thanks for your help.

Pat


Tana,

Here is the information you require:

1) Outercurve Technologies Inc
2) The company has already requested a bilateral agreement.
3)  Disclosing information regarding intention to place EOL on a hand held
device
4) 100 Wood Avenue, Suite 405, Iselin, NJ 08830
5) Phone: 732 906-6638
     Fax  732 906-7839

-Teresa

From: Tana Jones@ECT on 06/15/2000 12:40 PM
To: Teresa Smith/Corp/Enron@ENRON
cc:

Subject: Re: Outercurve Technologies - Request for EOL NDA

To prepare an NDA for you I will need the following information:

1.  The correct legal name of the counterparty
2.  Whether the agreement is bilateral (both parties providing confidential
information) or one-way (where only Enron is providing confidential
information).  Our preference is to use the Enron protected party form since
it is written more in our favor.
3.  The nature and/or use of the information being provided.
4.  The address of the counterparty
5.  The phone and fax number of the counterparty

Once I have all this I can prepare your NDA in short order.

	Teresa Smith@ENRON
	06/15/2000 10:59 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Outercurve Technologies - Request for EOL NDA

Tana,

Please can you forward a copy of the EOL NDA to Alexandria Khalil at
Outercurve Technologies (akhalil@outercurve.com).  Please can you advise when
you have received a signed copy.

Thanks

-Teresa


POWER POINTS: Skilling Moves On To Charities, Family
   By Mark Golden
   Of DOW JONES NEWSWIRES

  NEW YORK (Dow Jones)--Jeff Skilling will be spending the next few years
working with charities in Houston and spending time with family, the former
chief executive of Enron Corp. (ENE) said in an interview.
  The 47-year-old Skilling, who resigned abruptly from Enron after the
company's
board meeting Aug. 14, repeatedly said he had left - as stated - for
personal
reasons. Wall Street has been skeptical of the explanation, and several
analysts
have said they're waiting for "the other shoe to drop." The company's stock
price fell 14% in response to the announcement last week - a loss of about
$4.5
billion in shareholder value - and hasn't recovered this week.
  But the former chief executive said the stock price will recover once
investors see that his departure isn't a precursor to more bad news for the
company.
  "I've spent the last 34 years working really hard," said Skilling, who
requested the interview with Dow Jones Newswires. "There are a lot of things
that I haven't been doing - personal interests, spending time with family.
There
are a number of charitable things that I haven't spent the time on that I
believe I should. I don't mean fundraising, but hands on, getting out and
doing
things, building houses, helping individuals."
  Skilling, who has been involved with a multiple sclerosis charity for
years,
said he plans to get involved in promoting the City of Houston.
  "It's massively underrated as a place to work and live," he said. "It's a
great city, and I think I can do a lot to get that across."
  Though insistent that there is nothing more to his departure than personal
reasons, Skilling said little to reveal why a talented executive would
surrender
the top spot of the country's largest energy trading company just six months
after taking the job. Skilling had been Enron's No. 2 executive from 1997
until
this year, and he's generally credited with the success of Enron's wholesale
trading operations, which comprise about 80% of the parent's earnings.
  He confirmed there's no crisis in his family, and his health is fine.
Skilling, who assumed the chief executive title on Feb. 12, also denied that
he
was suffering under the strain of the job.
  Late last week, Chairman Kenneth Lay and other Enron executives in New
York
told Wall Street analysts that Skilling had been going "kind of nuts" under
the
pressure of being chief executive, one analyst said.
  "It's not true that I was cracking up," he said. "Do I sound like someone
who
is cracking up? The representation of me as thick-skinned is a reasonable
representation."
  When asked if his departure could have been handled more smoothly so as
not to
alarm investors, Skilling said that perhaps the mechanics could have been
better, but said that is hindsight.
  "We thought it through and thought we were going about it in the right
way,"
he said. "I don't know what we could have done differently. It will turn
out, in
retrospect, fine, as soon as people see that there's nothing else."

   About One Week's Notice

  The former chief executive totally disagreed with speculation in this
column
last week that Enron Chairman Kenneth Lay, who immediately resumed the role
of
chief executive, may have wanted to regain day-to-day control of the company
and
pushed Skilling out.
  "I think the world of Ken. You can't find a bigger fan of his than me," he
said. "I was not forced out. Personal and family reasons are 100% of the
story.
I guess it's kind of mundane, and I'm sorry it doesn't have as much drama
and
suspense as a lot of people would like it to have, but that's what the deal
is."
  Skilling said he spoke with Lay about wanting to do other things many
times
over the years. The first serious discussion of his imminent departure came
about a week before the announcement, said Skilling, whose recollection of
his
giving notice to Lay was somewhat cloudy.
  "The board knew what was going on, and that was the point (the Aug. 14
board
meeting) where the decisions were going to be made," he said.
  The decisions?
  "I guess to accept my resignation," Skilling said.
  Enron refused to release a copy of the minutes of the Aug. 14 board
meeting,
which was regularly scheduled. The company doesn't generally release
board-meeting minutes, spokeswoman Karen Denne said.
  The former chief executive continues to work as a paid adviser to Enron. A
clause in his contract prevents him from competing with the company through
the
end of 2003, and he has no plans to work outside the energy industry.
  That might sound like a big comedown from running the country's most
aggressive energy company, but Skilling said the move fits.
  "Some people say 'Well, you were working and aspiring so long to become
CEO of
Enron.' That's not true. I was working to build a business, and we did,"
said
Skilling, who is credited with transforming the company into a trading
powerhouse.
  "The company I built is doing great. My life is moving on."
  He also said the company will do fine without him. Some analysts have
expressed concern about Enron's ability to retain its top talent. Skilling's
predecessor as Enron's No. 2 executive, Richard Kinder, for example, left
the
company in 1996 after Lay announced that he would be retaining the chief
executive spot for another five years. Kinder went on to buy Enron's small
liquids pipeline business and turned that company into Kinder-Morgan Inc.
(KMI).
  Enron's current management, Skilling said, has a "very deep bench." For
example, he described Enron Energy Services Chief Executive Dave Delaney as
"awesome."
  "Dave created the Canadian business in Enron," Skilling said.
  -By Mark Golden, Dow Jones Newswires; 201-938-4604;
mark.golden@dowjones.com

  (END) Dow Jones Newswires  24-08-01
  1619GMT(AP-DJ-08-24-01 1619GMT)

Symbols:
  US;ENE US;KMI DE;KN3U
Source DJES   - Dow Jones Energy Service
Categories:
  I/ELC I/GAS I/PIP I/XISL N/CMD N/CNW N/DJS N/DJWB N/DJWI N/DPG N/NRG N/POV
  N/WEI M/ENE M/NND M/UTI P/DGA P/DUT R/NAPW R/NME R/TX R/US R/USS MST/I/ELC
  MST/I/GAS MST/I/PIP MST/N/SUM MST/I MST/R/NME MST/R/US/TX MST/R/US