yes

   Kate Symes @ ECT                03/28/2001 02:44 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 3/27 Checkout

Chris entered that this morning - 562978 - would you like me to back-date it?

Kate

Evelyn Metoyer@ENRON
03/28/2001 12:27 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: 3/27 Checkout

Kate what about the Chris Mallory deal?

PREBON
Chris Mallory
I am missing the following deal:
Enron buys from Duke Q2'01 25 mw of NP-15 at $180.00 off-peak hrs

   Kate Symes @ ECT                03/27/2001 04:50 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 3/27 Checkout

PREBON
Matt Motley
562635

Jeff Richter
562556

Jeff Richter
562546 - corrected to 25 mw

BLOOMBERG
Mike Driscoll
562546 - Mike would like to keep this as Pinnacle for now because that is the
true counterparty - Bloomberg's system has not been updated

Tom Alonso
did not do this deal (he did a BUY  with the same terms)

Sean Crandall
562641

Evelyn Metoyer@ENRON
03/27/2001 02:32 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/27 Checkout

PREBON

Matt Motley
I am missing the following deal:
Enron sells to Alleghany Q4'01 Palo Verde at $125.00 peak hrs

Chris Mallory
I am missing the following deal:
Enron buys from Duke Q2'01 25 mw of NP-15 at $180.00 off-peak hrs

Jeff Richter
deal 562546
Prebon shows 25 mw ....enpower has 23 mw

AMEREX WEST
All deals are fine.

BLOOMBERG      P.S. I am still confirming trades for Bloomberg.

Mike Driscoll
deal 562226
Bloomberg show cp name as Arizona Public Service Company....enpower has
Pinnacle West Corp.

Tom Alonso
I am missing the following deal:
Enron sells to El Paso 25 mw of April'01 PV peak hrs at $265.00

Sean Crandall
I am missing the following deal:
Enron buys from Pacificorp25 mw April MID-C peak hrs at $285.00


The address is as follows:
Auburn University Foundation
c/o Sam Hendrix
317 South College
Auburn University, AL 36849

I will write the check to UHCL next week.
PL


I will be out of the office from 07/07/2000 until 10/07/2000.

I will respond to your message when I return.


Suzanne:
Per my voice mail.
Carol


Mark I have declined a review for Mary Cook as I do not feel that I could
honestly give her a very favourable review.  I would be happy to discuss with
you over the phone.  Peter.


PLEASE NOTE SPECIAL HOURS

Notice No. 01-385
November 21, 2001

TO:
All NYMEX Members/Member Firms
All NYMEX Clearing Members
All NYMEX Floor Traders
All NYMEX Operations Managers

FROM:
George Henderson, Vice President

RE:
Options Expiration Operational Procedures for the Trading Floor and Clearing
Members - Revised Hours

The expiration date for the December 2001 options contract for Unleaded
Gasoline (GOZ1), Heating Oil (OHZ1) and Natural Gas (ONZ1) is Tuesday,
November 27, 2001.

GENERAL OPERATIONAL PROCEDURES

All Clearing Members and Qualified Floor Traders that carried an options
position as of the close of business day prior to the expiration day, or
engaged in trading activity on Expiration Day in the expiring options
contract will be required to have a knowledgeable, duly authorized
representative present at their normal work station promptly at 4:40 p.m.
until released by the Exchange staff as specified below.  All adjustments
and/or corrections, must be accompanied by relevant supporting documentation
prior to being incorporated into expiration processing, in essence making
the expiration processing an extension of the afternoon trade resolution
procedures.  All input to the NYMEX Clearing Department will conclude no
later than 30 minutes after floor representatives are released.

Exchange Clearing (299-2110), Floor Trade Processing (299-2068 and 299-2169)
personnel, as well as a representative of the Floor Committee will be
available to assist with the processing of notices of Exercise and
Abandonment, position transfers, trade corrections and other questions or
problems you may have.

CLEARING DEPARTMENT OPERATIONAL PROCEDURES

The Option Expiration process is a screen based process for which all
information is provided on the screens on C21 terminals. No Option
Expiration Reports will be provided. The following screens will assist you
through the Option Expiration process:

MEMBER TRADE INQUIRY
Contains real-time top day trade information, trade information for the
previous 4 business days and trades adjusted for the previous 4 business
days by adjustment date.

SINGLE POSITION MAINTENANCE
Contains a real-time snapshot for each option series from the start of day
position to the projected end of day position.

REVIEW ACCEPT REJECT TRANSFERS
Contains all trade and position transfers TO your firm and the status of
each transfer.

REVIEW SUBMITTED TRANSFERS
Contains all trade and position transfer FROM your firm and the status of
each transfer.

EXERCISE NOTICE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to exercise.

DO NOT EXERCISE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to abandon.

POSITION CHANGE SUBMISSION
PCS may be submitted either by manual input or by electronic transmission.
Any PCS input on a Clearing 21 terminal will be the input processed by the
system.  This input may be made at any time prior to 6:45 p.m.  Any PCS
input via transmission for that contract series will be disregarded.

ALL POSITIONS ARE DEEMED FINAL
Upon completion of all PCS input, all positions will be deemed final.

EXERCISE/ASSIGNMENT INFORMATION
Will be available to you on the Single Position Maintenance window by
contract series or the Assignment List window which contains all your
Assignments on one window. You will be notified of its availability by C21
E-Mail and by Fast Facts. This should occur within 1 hour of the last PCS
input.

All Clearing Members are required to have an authorized representative(s) at
their C21 workstations in preparation for any communication during the
expiration process.

FAST FACTS
Clearing Members should call the Fast Facts information service 301-4871,
access code 700 for event messages advising Members of the event status.

E-MAIL
Clearing Members should read their C21 E-Mail messages immediately to be
aware of event status.

The standard event Fast Facts and/or E-Mail messages and the sequence in
which they will be announced are:

STANDARD EVENT			APPROXIMATE TIME		  USUAL	FAST
FACTS(F)
  MESSAGES				   OF MESSAGE		EVENT TIME
E-MAIL    (E)
					  AVAILABILITY
BOTH      (B)

Announce Out-of-the    			 4:45PM		 4:45PM		F
Money Exercise and In-the-Money
Do Not Exercise Submissions

Announce Final Input to C21		 6:30PM		 6:45PM		E
Cutoff Time

All positions are deemed final	 7:00PM		 7:00PM		F

Announce Exercise/Assignment		 7:30PM		 7:30PM		B
Information Available on the Single
Position Maintenance Windows

All Report Distribution is		10:00PM		10:00PM		F
completed

The times appearing in the Usual Event Time column are based on normal
operational conditions and could vary.

If you have any questions concerning these procedures, please contact
Anthony Di Benedetto at 299-2152 or John Ramos at 299-2142 prior to the
expiration date.

 <<EXPFORMSPEC.XLS>>

 - EXPFORMSPEC.XLS


I will pledge $250.00, Enron will match $250.00 for a total contribution of
$500.00


I just wrote this little satire today. Can you suggest someplace that might
print it? I hope you enjoy it.

My Goshdarn Grinch, or How The Grinch Stole Christmas Yet Again

I woke up today
and what could it be
That caused such wildness
to come over me?

The day of the Grinch
Had arrived in our midst!
For 100 million dollars,
It should be a cinch!

The children awoke
And went to their folks.
&Mommy! Daddy! Show me the way!
We,ve waited so long! Not another day!8

Line upon line formed in the town
There was nowhere else in town to be found!

The theatres were packed
With red licorice and blue snacks.
And purple sanudes
Who had come from the moon.

Even those thneeds
Had come from the reeds
To fill the back rows
And demand for the show.

The lights went down
There was hardly a sound
Not a creature was stirring
Not even a thnowd.

The projector clicked and it sputtered!
And everyone shuddered as smoke filled the room.
But it started to tick
and then it went Zoom!

The film was beginning
Finally it was here.
How the Grinch Stole Christmas!
The movie of the year!

But soon it became disturbingly clear
As everyone covered their offended ears
Hollywood had written
Check after check
To fill reel after reel
Of such hideous content,
Was it really a deal?
This could not be what they meant!

Get the Titanic
To rise from the depths.
For the price tag of that
even Leonardo could act!

Poor Mr. Carrey painted in green
Overacting each line
and waving a sign,
&Look! Oh Look! I,m so awful and mean!8

The children turned to each other and wondered,
&How much money did he make for this blunder?8
20 million dollars! They started to laugh!
Who would pay for such horrible crap?

They got on their seats
and yelled to the beach,
&Let,s make our faces rubber and splutter
Lines made of blubber!8

&Christmas? There,s no meaning in that.
What we should do is all go and act!8
Or direct! All we need,s a paycheck!8
They said as they slapped Ron Howard,s back.

So they went to their rooms
And they looked in their mirrors,
And became self-consumed
Anything for effect, that,s the aesthetic!

The Holidays passed without even a laugh.
The presents unopened, the trees untrimmed,
The Grinch who stole Christmas
Had struck once again.

The parents all gathered
To discuss this conundrum,
To lift the spell from the town
That commercialism had sundered.

They thought and they thought
They even drank a darn lot
&Wait, I,ve got it!8
yelled one tall fop.

&They have been wronged
These children of ours!
Let,s show them the book!
Dr. Seuss was no crook!8

It was the Cat in the Hat
Who had spoken like that!

So the town came together
And there was only the sound
Of &How The Grinch Stole Christmas8
And my oh my! How did it resound!

All the children they danced
and they began to chant,
&Commercialism isn,t Christmas at all
Generosity and love, that,s our call!8

So The Grinch Who Stole Christmas
Was a movie for a time
That caused much irony and pain for our kind
But now it,s the book
It,s the book that we read
Not some 100 million dollar Hollywood sneeze.

_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at
http://profiles.msn.com.


Susan,

The NG-PRICE-PRC book will now be calculated using two post ids.  Therefore,
we need an additional RisktRAC book id for the Price book so that we can
capture both post ids.  Please set up an NG-PRICE2-PRC book with the same
attributes as the NG-PRICE-PRC book.  The new books needs to be added to the
AGG-GAS, AGG-GASIII and AGG-GASIV portfolios.  In AGGIII and IV, please set
up a separate portfolio for the new book.  The new portfolio should be named
M_Maggi.

If you have any questions, give me a call.
Thanks,
Robin


i did.

 -----Original Message-----
From: 	Landry, Chad
Sent:	Monday, October 22, 2001 11:30 AM
To:	Lenhart, Matthew
Subject:	RE: TheStreet: Trusts Keeping Enron Off Balance

you pulled a bobbie boushay on us. that's alright.  i had a blast.

ckl

 -----Original Message-----
From: 	Lenhart, Matthew
Sent:	Monday, October 22, 2001 11:26 AM
To:	Landry, Chad
Subject:	RE: TheStreet: Trusts Keeping Enron Off Balance

i went to grab some pizza, ate and then passed out.  those shot i did with those girls wolly knew put me over the edge.  sorry about taking off like that.  i had a good time, but i ran out of energy quick.

 -----Original Message-----
From: 	Landry, Chad
Sent:	Monday, October 22, 2001 11:16 AM
To:	Lenhart, Matthew
Subject:	RE: TheStreet: Trusts Keeping Enron Off Balance

what happened to you at CAT"S?  we could not find you.

CKL

 -----Original Message-----
From: 	Lenhart, Matthew
Sent:	Monday, October 22, 2001 10:59 AM
To:	Landry, Chad
Subject:	RE: TheStreet: Trusts Keeping Enron Off Balance

this is unbelievable.  seems like the worst is yet to come.  if they have to end up issuing more stock this thing can go to $10.

 -----Original Message-----
From: 	Landry, Chad
Sent:	Monday, October 22, 2001 10:27 AM
To:	Lenhart, Matthew; Bass, Eric; Plauche, Stephen
Subject:	FW: TheStreet: Trusts Keeping Enron Off Balance

hey plauch, still think it is impossible for this stock to take on a one-handle.  just read below.

ckl

 -----Original Message-----
From: 	Kiani-Aslani, John
Sent:	Monday, October 22, 2001 8:33 AM
To:	Gonzalez, Andrea
Subject:	TheStreet: Trusts Keeping Enron Off Balance

 << File: Trusts Keeping Enron Off Balance.htm >>


Daily Market Commentary October 19, 2001

FUTURES STAGE TECHNCIAL RALLY . . .

 Natural gas futures vaulted higher in busy trading Friday on the New York Mercantile Exchange. Traders noted that the gains were based on buying of a technical nature and not the result of any fundamental change in the supply demand fundamentals. Traders expect concerted scale in selling should November prices move towards $2.80. . .

 At the close of trading the November contract jumped $.195 to $2.681 and the December surged $.190 to $2.990 . . .

 "Locals got on the right side of the market and they were in the driver's
seat. Trade and commercials saw their books out of balance and had to cover
short positions," noted a New York floor trader. . .

 "Lots of stop loss (buy) orders went off, and traders were able to push
the market to technical levels seen earlier. I don't think the market should be this high, but you can't fight the tape," he said. . .

 "It's a technical rally, not based on fundamentals. From a fundamental standpoint the government would have to start shutting down nuclear plants
(to guard against terrorists), but there is no indication that will happen,"
he said. . .

 "Long term resistance is at $2.80 to $2.82, and there should be some selling
if prices reach that high," he said.

For the most complete information available subscribe to GasTrader at http://gastrader.net

Bill Burson
120 Summit Blvd.
Englewood, Colorado 80110
Tel (303) 761-7470 * Fax (303) 761-8662
(To be removed from this list send email to burson@gastrader.net)


Swing out with the Sparacino & Company Dancers, rousing performance of  SWING
KIDS! at the Miller Outdoor Theatre in Hermann Park.  Enron Night will be
Friday,  April 20 at 8:30pm and the performance is free of charge to the
public.   Although reservations are not required, you may secure a VIP seat
by calling 713.520.9070 or e-mailing dancer@neosoft.com.  The evening is
compliments of Sparacino & Company Dancers.

The Enron Volleyball Association will be sponsoring it's annual Spring Fever
Volleyball Tournament to be held at Third Coast Volleyball Club.  For the
first time, we will have a separate bracket for teams of four.  Food and
drinks will be provided and cash prizes will be awarded to the top three
teams from each bracket.  For more information, contact Traci Nguyen
(713.853.9032).

The Lone Star Boxer Rescue Golf Tournament will be held at Cypresswood Golf
Course on Wednesday, April 11 beginning with a Shotgun Start at 1pm.  All
proceeds for the tournament benefit the Lone Star Boxer Rescue group which is
an all volunteer organization who works to provide veterinary treatment and
find new, permanent homes for unwanted and abandoned Boxer dogs.

http://home.enron.com:84/messaging/registration.doc

http://home.enron.com:84/messaging/sponsorship.doc

Thanks to everyone who participated in our Birdies for Charity fundraiser in
the Enron Lobby last Tuesday, April 3rd.  Because of your generosity, we were
able to raise $500 for Junior Achievement.  This amount will be matched by
Enron, making our total donation $1,000.

The winners of the drawing were George Gilbert-the golf travel bag; Jim
Fussell-the Tiger Woods collector golf balls; and Charlie Vetters-the golf
shirt and hat.

Recycle Your Cell Phone!!!
Did you forget to bring in your discarded cell phones last week?  If so,
please send them to Gavin Dillingham at 3AC1526b by April 30th.  By bringing
your old phones, bag phones, batteries, adapters, charging units and other
cell phone related items, you will support Enron's effort to benefit the
Houston Chapter of CARE.

CARE is on the world's largest international relief and development
organizations with funds going directly to develop sustainable agricultural
and economic systems including medical and educational programs in Latin
America, Asia, Africa, Europe and the Caribbean.  All collected cell phones
will be recycled back into use or disposed of in an environmentally
responsible manner and you will receive an acknowledgement letter from CARE
for this donation.

The Manvel Lions Club is hosting its 5th annual Crawfish Cook Off benefiting
the Manvel Public Library.   The school library in Manvel was closed several
months ago due to &environmentally unsafe8 conditions.  A temporary library
(with rights to operate for 1 year) was opened on March 24, 2001 to provide
this public service until a new permanent location can be established.

Date:  Saturday, April 28, 2001
Time:  12:00 to 5:00 p.m.
Place:  Sacred Heart Church
6502 County Rd 48 (off Highway 6)
Manvel, Texas
Activities: In addition to the Crawfish Cook Off, there will be a Raffle,
Auction,
Music, Games, Food and much, much more.

Raffle Items: Huskee 16.5 428 Cut Lawn Mower
  Poulan 208 Gas Chain Saw
  Huskee 4HP 228 Cut Big Wheel Push Mower
  Ryobi Gas Grass Trimmer
  Electric Leaf Blower

Raffle Tickets available for: 1 for $2.00
    3 for $5.00

Come join us for a day of music, games, food and a lot of fun that helps
benefit the kids of the community.  Donations are also needed for the
auction.  For raffle tickets, donation items or more information, please
contact Susan Lopez at 713-853-7947 or 281-331-8207.

WalkAmerica, taking place April 29, is the March of Dimes biggest
fund-raiser. Money raised from the WalkAmerica supports pioneering research
and innovative programs that save babies born prematurely or with birth
defects. Since its beginning in 1970, WalkAmerica has raised more than $1
billion to help give babies a fighting chance.

Every dollar raised will be matched by Enron.

You can read more about the March of Dimes at www.modimes.org.

For more information, please contact Kimberly Nelson (ext. 33580) or Gina
Taylor (ext. 37681).

Support TEAM ENRON and Jeff Skilling by participating in the MS150 from
Houston to Austin on April 21st and April 22nd.  All-purpose volunteers are
needed to handle various logistical duties including serving meals to the
Team, playing music, directing riders to the Enron Tent, setting-up and
tearing-down, making massage appointments... to name just a few!
Can't commit to the whole weekend?  Participate where you can!  Main sites
include Bellville (Saturday lunch), LaGrange (overnight stop), Bastrop
(Sunday lunch) and Austin (the FINISH LINE!).  While everyone will be
responsible for their own transportation & lodging, our volunteers are
welcome to camp out with the Team in the Enron Tent in LaGrange.  You may
also investigate the possibility of staying at lodging establishments in the
area.
All volunteers will receive a free Enron Cycling Club tee-shirt, free meals
and a priceless experience.  Feel free to bring along your friends and family
to volunteer, too!  Take this opportunity to be a hero for our riders who
take on this cycling adventure to benefit the National Multiple Sclerosis
Society supporting the Houston, Dallas, San Antonio, Austin, and Corpus
Christi areas.  Please contact Heather Choate via e-mail or at x33278 for
more information!

VOLUNTEERS NEEDED FOR 15TH  ANNUAL HOUSTON HOOP-IT-UP MAY 5-6!

The best way to get yourself jump-started for a full year of Hoops.  Become a
part of this jammin,hoops scene with over 1,200 teams & 4,800 players.  Join
us at Greenspoint Mall for a basketball-crazed atmosphere.  Games and special
events being played simultaneously on 110 courts so the basketballs will be
flying HOOP-IT-UP is where you play for FUN.  EVENT BENEFITS THE &ESCAPE
FAMILY RESOURCE CENTER8

SATURDAY )  MAY 5TH 8:00 ) 6:00 PM
SUNDAY )  MAY 6TH 8:00 ) 5:00 PM

For more information please call &Hoop-It-Up Hotline8: 713-521-4535 or
E-Mail: Hoopitup@Texas.Net

Join the Integrated Solutions Team & PSI Homesavers on April 21 & April 28!
Enron is proud to support PSI Homesavers with three crews for their annual
spring volunteer project.  More crews can be added so sign up to participate
or include your team!  Responsibilities include being part of a work crew to
complete needed exterior home repairs for low income, predominately elderly
homeowners in Houston neighborhoods.  Contact Donnis Traylor at. ext. 55667
for more information!

M.D. Anderson will be at Enron April 23-25 and April 27 to administer
mammograms.  Call 713-745-4000 to schedule an appointment.  Cost is $25 for
employees, spouses, retirees and EDS; $85 for contractors.  Please consider
donating an extra $1 to The Rose (an organization that provides free
mammograms to low-income women).

Double click on the icon below to learn more about the new Enron Kids'
Center.

http://home.enron.com:84/messaging/e_kids_announce01.pdf

Have News to Share?
To post news or events in Enron In Action, please e-mail your information to
EIA@enron.com
no later than 12:00 noon the Thursday prior to the next Monday,s mailing.


For each of the last 15 years the Enron Kids Committee has chosen an under-privileged HISD elementary school and offered to "sponsor" every child in that school.  What we mean by "sponsor" is that we outfit the child from head to toe plus give each of them a toy and book.  The presents are then handed out to the children at their school Holiday Party in December.  For most of these kids, it is their only Christmas present.

I am once again coordinating the volunteer / adoption efforts for ETS.  Some ETS departments and employees have already sponsored a child-- thanks for your support.  But thus far, we have only adopted 216 of 468 children.  We need more help!!!!

If you would like to participate, I will coordinate collections and adoptions.  Simply reply back to this email with the amount you would like to contribute.  It costs about $100 to "sponsor" each child.  Last year we were able to adopt 18 children.

All the funds collected will be matched by the Enron Foundation.  The matching funds will be used to buy books and computers for the school.   I will also need volunteers for shopping.  If you would like to shop for the kids we sponsor, please let me know.

Thanks for your support!!
Kevin Hyatt x35559 & The Enron Kids Committee


Please confirm one pc and two (2) screens or 1 pc and three (3) screens?

Thanks!

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Wednesday, February 06, 2002 2:32 PM
To:	Shepperd, Tammy R.
Subject:	The lawyers are moving

Can you make sure Marcus Nettelton has three screens.  One pc and two screens.

Thanks

Louise Kitchen
Chief Operating Officer
Enron Americas
Tel:  713 853 3488
Fax: 713 646 2308


If you read this before I call you then I will make brownies and bring them
in.

---------------------- Forwarded by Chris Germany/HOU/ECT on 12/20/2000 12:56
PM ---------------------------

lamoss@duke-energy.com on 12/20/2000 12:54:11 PM
To: Chris.Germany@enron.com
cc:
Subject: Re: Hey

Show Judy this.
We cannot let you balance your mdq across the month but we can offer a low
IT discount rate on top of the firm.  (this equates back to the effective
rate you were looking for.  You can change the amount of firm higher if you
like and then the ratio of IT at the cheap rate will also incease.  Your
cheap IT rate can be up to a volume of 50% of your firm.   After that it
would be max rate it.

I will be out this afternoon and Thursday but will call you from the road.

(See attached file: enron3.xls)

                    Chris.Germany
                    @enron.com           To:     lamoss@duke-energy.com
                                         cc:
                    12/19/00             Subject:     Hey
                    08:35 AM

Does GRI go from $.0072 to $.0070 in January?

And I love that outfit you are wearing.

 - enron3.xls


The cause of this was the timing of when SAP went down.  SAP had a major
system crash the day Willie finaled his supply verification in Unify.  Before
Willie went into SAP to net the payable (same day), SAP crashed.  By the time
SAP came up, the treasury run had already picked up the payable and wired the
cash.  When we issued the recall, the money was already out the door.

As a result, we put a policy in place that all supply verifications for
netout customers must be overridden as soon as they are finaled in Unify.
This causes them to be blocked in SAP and not picked up by treasury until the
payment block is removed.  This policy went into effect at the beginning of
September.

However, this still relies on human intervention to ensure the procedure
works.  To ensure we don't "accidentally" release cash, I have asked Unify IT
to change the interface to send all purchases for ENA to SAP blocked, which
will require the coordinator to release funds.  This is an added step, but is
worth it considering the stakes.  This change will go into effect on Monday,
9/25.  If you have any questions, please let me know.

Bryce

	Enron North America Corp.

	From:  Sally Beck                           09/22/2000 04:33 PM

To: Bryce Baxter/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT
cc:
Subject: Re: Perry Gas -SAP Override issue

I have read this series of e:mails but I am not sure that I fully understand
the issue.  Did Willie not do his job?  Are there problems with how SAP
works?  Are both of these an issue?  Please let me know if we have a far
reaching problem with SAP and netting.  Thanks.  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 09/22/2000 04:29 PM
---------------------------

	From:  William S Bradford                           09/22/2000 04:04 PM

To: Sally Beck/HOU/ECT@ECT
cc: Debbie R Brackett/HOU/ECT@ECT
Subject: Re: Perry Gas -SAP Override issue

Sally,

Are you aware of the problems with SAP?  This error caused an incremental
$600,000 credit loss to Perry Gas Companies that could have been prevented.

Let me know if you have any questions.

Bill

---------------------- Forwarded by William S Bradford/HOU/ECT on 09/22/2000
04:02 PM ---------------------------

From:  Russell Diamond
     09/22/2000 03:01 PM

To: William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT
cc:
Subject: Re: Perry Gas -SAP Override issue

FYI-

---------------------- Forwarded by Russell Diamond/HOU/ECT on 09/22/2000
03:01 PM ---------------------------

	From:  Bryce Baxter                           09/22/2000 02:47 PM

To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: Perry Gas -SAP Override issue

Russell - as I remember, Willie finaled the Supply Verification and it was
interfaced to SAP.  This is fine, and then Willie was going to net the A/P
and A/R.  SAP went down after the statement was interfaced, but before Willie
was able to block or net the payment.  When SAP came back up the next day,
the payment had already gone out and we were unable to recall the wire.  If
you have any further questions about this, call me.  Thanks.

From:  Russell Diamond
     09/22/2000 01:46 PM

To: Willie Stewart/HOU/ECT@ECT
cc: Audrey Cook/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT
Subject: Perry Gas -SAP Override issue

Willie,

Per our earlier conversation, can you or Audrey or Bryce, please give further
explain to me as to why the funds were wired to Perry Gas for purchases from
the counterparty instead on netting the amounts between purchases and sales.
You mentioned to me the process of overriding the counterparty's that net on
SAP, although because of timing, the override did not take place.

Thank you,

Russell


Mike is going to leave you a message discussing the attached earnings outlook
for EGM.    Call me if you want to discuss further.


When: Wednesday, December 12, 2001 9:00 AM-10:30 AM (GMT-06:00) Central Time (US & Canada).
Where: TBA by Jim at Enron North

*~*~*~*~*~*~*~*~*~*


are you out of your meeting yet?


Mark,

In layman terms is there anything I need to be concerned about re the
inclusion of the tax language?

Mike.
---------------------- Forwarded by Michael Corbally/HOU/ECT on 08/25/99
08:51 AM ---------------------------

Louise Kitchen
08/24/99 06:49 PM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT, Michael Corbally/HOU/ECT@ECT
cc:
Subject: Re: Revised GTCs

We have agreed (subject to Mike's agreement) to put in the tax language in
the contract for all weather ones - as we haven't loaded them yet.
Regards
L

---------------------- Forwarded by Jeff Blumenthal/HOU/ECT on 08/24/99 11:53
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Devetski, Tim" <tdevetski@velaw.com>
08/23/99 03:29 PM

To: Jeff Blumenthal/HOU/ECT@ECT
cc: "Gerachis, George" <GGerachis@velaw.com>
Subject: Revised GTCs

 - HDD Swap (credit) Version 3.doc


I don't think that we should have any volume on this deal.  It seems like Jan
2000 was added after the fact to assist with allocations.  But it was later
determined that we didn't purchase anything from Copano.

D

	Kimberly Vaughn
	01/30/2001 09:40 AM

To: Daren J Farmer/HOU/ECT@ECT
cc: Cynthia Hakemack/HOU/ECT@ECT
Subject: Deal 93481

Daren,

I'm looking into this deal.   There is no volume on this deal for January
00.     Should this deal have had some volume on it.
It was never scheduled with volume  however, in January it received flow of
3461 due to ranking in POPS.  It was taken to zero once the actuals came in.

Please let me know if you intended to have volume on this deal for Jan 00

THANKS


Here are some of the main curves....attached is a file containing the rest.

---------------------- Forwarded by Susan M Scott/HOU/ECT on 12/05/2000 11:03
AM ---------------------------

Susan M Scott
11/22/2000 02:58 PM
To: Victor Guggenheim/HOU/ECT@ECT
cc:
Subject: GD omicron curves


Notice Phy & Fin Index tabs have been added...


Very good stuff.  I will get back to you later.

Jon Chapman
11/15/2000 09:37 AM
To: Peter Keohane/CAL/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT
Subject: Yes but...........

I'm afraid I'm still none the wiser . Anyway , points of history : (1) Yes ,
we did , technically , lose the American War of Independence but it was
because we got sick of it and had other "fish to fry" in Asia and Africa ,
plus it was really a civil war because the people who "beat" us were ,
largely , first or second generation "Americans" and , therefore ,  Brits
(for example , George Washington's family home is still there close to my
home town of Sunderland in North-East England ) and (2) we never lost to the
French , we agreed to give them the worst bit - Quebec - in return for some
tastier possessions elsewhere .

Yours respectfully

Jon

	Enron Capital & Trade Resources
	Canada Corp.

	From:  Peter Keohane                           15/11/2000 16:25

To: Jon Chapman/LON/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT

Subject: Re: Nice VP and possibly Pres.

That fact that you asked "who?" begs the further question of what exactly you
were up to in Houston.  Have the Brits ever really won a battle any way?
(Their failure to beat a bunch of colonized farmers with pitch forks has
resulted directly in this Florida mess, and their failure to put away the
French (of all people) has resulted directly in me and the vast majority of
my fellow Canadians being subjected to official and legally mandated
bilingualism).

To the point, I believe San Felipe is the battle field adjacent to the
Westheimer battle field, where the Brits (or at least one of them) were
purportedly waging a more efficient war, until being caught red handed on the
battle fields of San Felipe, where, all the while, the Canadian forces (or at
least one of them) were so successfully conquering the enemy.

Peter.

Jon Chapman
11/15/2000 06:43 AM
To: Peter Keohane/CAL/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT
Subject: Re: Nice VP and possibly Pres.

Who or what the ****ing hell is San Felipe - I don't remember the Brits ever
winning a battle there .

Jon

	Enron Capital & Trade Resources
	Canada Corp.

	From:  Peter Keohane                           14/11/2000 18:35

To: Tana Jones/HOU/ECT@ECT, Jon Chapman/LON/ECT@ECT
cc:

Subject: Nice VP and possibly Pres.

When I look at Al Gore I continue to be amazed that one, let alone 50
million, Americans voted for him.  Both Clinton's and Gore's continued
shamelessness, and disregard for doing the right and decent thing, is only
slightly less amazing than the American people (or at least half of them)
continuing to find reasons to support them.  My only, yet substantive, vested
interest in the outcome is that we are inundated with US T.V. and I can't
bear the thought of looking at Gore (and God forbid Hillary) for the next
four years.  If they don't settle this Florida thing, I am going to have it
have my cable disconnected.

We vote in our federal election on November 27th.  We will not have any such
problems however - not because we are any better than anyone (in fact, I am
not entirely confident that most of my fellow Canadians will understand, or
have ever have understood, the ballot or voted for who they thought they were
voting for) - but rather because of the political system which Jon's
ancestors were so kind to bestow upon us, which I refer to as "parliamentary
dictatorship''.

(Sorry Tana if you are a Democrat, but that is the independent middle of the
road - yeah right - view of a Canadian observer.  Jon, I cannot, however,
apologize for the political ruin which your system of Government has brought
upon us, other to acknowledge that the problem my not be the system but
rather our screwed up regionalization of your unified parliamentary system
into 11 separate parliamentary systems - and I suppose that could be
construed as an apology of sorts, except, for the record, I will never
apologize to you for anything until you make a public, i.e. to Tana and me by
e-mail, confession of your sins on San Felipe.  For that matter, you are as
bad as Clinton and Gore.)

Peter.


Steve,

Attached is the invitee/attendee list from this morning's arena meeting, per
your request.

Vanessa


Lori - here is the initial "wish list" from the credit derivatives people.
If you can focus on these first and let me know about them I'd appreciate it.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 03/06/2000 03:21
PM ---------------------------

David Forster
03/05/2000 12:46 PM
To: Bryan Seyfried/LON/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, David Weekes/LON/ECT@ECT,
William S Bradford/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Mark
Dilworth/LON/ECT@ECT, David Forster/HOU/ECT@ECT, Martin
McDermott/LON/ECT@ECT, John Metzler/LON/ECT@ECT
Subject: Re: Reference credits

Bryan,

I believe Mark Taylor is out of the office until Wednesday.

At this point, I believe there are 6 approved Reference Entities for
EnronOnline.

We will add more up to the previously discussed 20 as approvals are received.

Dave

Bryan Seyfried
03/05/2000 04:43 PM
To: Mark Taylor/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, David Weekes/LON/ECT@ECT,
William S Bradford/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT
cc: Mark Dilworth/LON/ECT@ECT, David Forster/HOU/ECT@ECT, Martin
McDermott/LON/ECT@ECT, John Metzler/LON/ECT@ECT

Subject: Reference credits

After reviewing all of the lists, attached is the list of reference credits
that I forwarded to Mark to load on Enorn Online.

Call me if you have any concerns.


Hey Dad,
Unfortunately, Vegas kicked my butt, but I had fun.  I would love to go to
Uncle George's B-day party.  Are guests invited as well b/c Shanna would like
to go.
I heard you had fun with the sister this weekend - what did you do?

-e

"Larry W. Bass" <lwbthemarine@bigplanet.com> on 02/20/2001 01:03:57 PM
To: eric preston bass <Eric.Bass@enron.com>
cc:
Subject:

Good afternoon. Welcome home. Heard from your  Mother that they took some of
your money. That's too bad. I have never let them  take my money! By the way,
Uncle George is having an 80th birthday party this  Sat., Feb. 24, @ 5p.m. @
Luther's BBQ, 27752 I-45 N.,, across from the Woodlands  Mall. We are going.
You are invited. If you intend to go you should RSVP to Vera  @ 281-379-5252
or Rebecca @ 281-367-8470. Have a good  week.-Dad


kayci-

what is going on?  the address for the place we are staying at is 931 st.
peter.  it is on the same block as the gold mine and runs perpendicuar to
bourbon st.  i will have my cell on me fri and that number is (713)825-8410.
i arrive in new orleans aroudn 5:30 fri night so we can meet up whenever you
guys want.  if you guys need a place to stay there is plenty of space in this
house.  be ready to party.  don't wear your camoflauge when we go out.  i
don't want to be embarrassed.  just kidding.


Talked with Harry about make-up of 3 cents.  The 3 cents addresses recovery
of DWR costs.  Ostensibly this would include past DWR costs.  Past utility
costs are not addressed by the 3 cents.  Consequently, we need to either take
it out of our numbers or add it in to Loretta's numbers.

Robert


The Forest Service would like the new Compressor Building to be painted
dark brown.  The color should be close to the color that we use for our
signs.  Call me at 520-214-2464 if you would like to discuss this.

Ken Jacobs
Lands Staff Officer
Ranger District
Coconino National Forest


NESA MEMBERS,

Attached is your copy of our 2001 Calendar of Events.  You will see me email
more details out about these classes and brown bags through out the year.  I
am also attaching a registration form for anyone who knows they would like
to attend a class now.  The form is generic, so please complete it with
details regarding the class name and dates!

Have a great day!!
Lana Belnoske-Moore

 <<Calendar01.doc>>   <<Registration form.doc>>

 - Calendar01.doc
 - Registration form.doc


---------------------- Forwarded by Randall L Gay/HOU/ECT on 05/31/2000 11:30
AM ---------------------------
To: Randall L Gay/HOU/ECT@ECT
cc: Jeffrey C Gossett/HOU/ECT@ECT
Subject: Sitara Deal # 96724 Alteration

Hello,

We had trouble calc'ing our BC Physical books yesterday and pinponted it to
this deal, which had an addition yesterday.
In order to get a calc. we deleted the day from the deal. This of course will
go back in, and I just wanted to let you know what is happening.
The deal was for 111 MMBTU's; EC - IM Canada BC buying from ENA - IM West;
the entry was dated 05/24/00 to PGEN/KINGSGATE/KING from PGEN/KINGSGATE/KING
for a fee of NOVA_AECO-DAILY-US-CGPR...

I have let Rich Gebauer know about it on our end.

Have a great weekend.

Brian.


OK  w/ me!!

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


Daren,
This relates to the discussion we had yesterday afternoon.  Have we made any
progress on these issues?
Thanks.
---------------------- Forwarded by Lisa Csikos/HOU/ECT on 05/31/2000 01:33
PM ---------------------------

Katherine Herrera@ENRON
05/31/2000 10:56 AM
To: Lisa Csikos/HOU/ECT@ECT
cc: Sherlyn Schumack/HOU/ECT@ECT
Subject: PanEnergy Marketing March 2000 Production

FYI-
The pricing items noted below are outstanding for March 2000 production.
Furthermore, I am awaiting resolutions from Sherlyn on the PG&E's allocations
for Feb. & Mar. 2000.

Thanks

---------------------- Forwarded by Katherine Herrera/Corp/Enron on
05/31/2000 10:46 AM ---------------------------

Katherine Herrera
04/20/2000 08:31 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:

Subject: PanEnergy Marketing March 2000 Production

Deal # 157288
Per our conversation yesterday afternoon, pls. separate the Centena term deal
from the spot deal in Sitara for March 2000 production.
Also, I need to have the price for the East Texas redelivery changed in
Sitara from HS Index $-.085 to HS Index $-.0825.  This is per the contract
the price for this redelivery point.

Thanks
Katherine
5-8643


Dear Mr. Lay,

i have just returned home after picking up Victor at Shepherd/Kirby and
bringing him to the grocery store.  He shared with me that you had stopped
to say hi and gave him $20 from your wallet.  This email is to convey my
warmest personal thanks to you for your generosity to those less fortunate.
i have paid for an apartment on Commonwealth for 3 years for him, and check
on him every day...he has also volunteered his time and efforts to several
of my former work projects - JDF, MS150, etc.

i will be going into redeployment next monday, and hopefully will be
fortunate enough to stay on at ENRON.  If it doesn't work out, please know
that I am grateful for the 4 years I spent there - the company has treated
me very well, and i will always remain loyal and dedicated to you.

I applaud your integrity and ethics - should you ever need any volunteer
assistance, please call me at 713  863 - 7615.

Sincerely,

Deb Gebhardt

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


Thanks.  Be sure to get Larry Lawyer,  Brent Price, and Eric Groves
involved.  This project is extremely important to Enron, and our LNG
strategy.  If there are any resources you need, please let me know.

Jeff

Emilio Vicens@ENRON_DEVELOPMENT
11/07/2000 03:11 PM
To: Jeffrey A Shankman@ECT, Mike McConnell/HOU/ECT@ECT
cc: Eric Gonzales@ECT
Subject: Jose LNG - Next Steps

Jeff,

The following summarizes the key next steps on the Jose LNG project:

Immediate Next Steps

? Contracts: concentrate on modifying in-country agreements with PDVSA to
allow execution in Dec 2000.
 - Participation Agreement: introduce and agree restructured marketing scheme
which incorporates ENE and PDVSA off-take agreements
 - Gas Supply Agreement: introduce and agree a couple of small changes in
order to reduce purchase price

 ENE exposure post agreement executions: $1.25MM after 7 months
 $4.0 MM after 7 months and for up to 12 months if ENE decides to stay in the
deal (ENE option)
 $20.0 MM after 19 months if ENE still decides to stay in the deal (ENE
option)

? Financing: confirm final financing assumptions and equity syndication
requirements
 - Debt: corroborate market funds availability, pricing, tenor, coverage
ratios and debt/equity ratio
 - Equity: define required project company IRR for equity syndication
(current assumption 18%)

 ENE,s exposure:    None prior to issuance of EPC notice-to-proceed (NTP)
       Post NTP release - if we can't acquire 3rd party capital, ENE would
have to bridge

? Markets and Nat Gas Swaps and Options:
 1. Shift LNG destination to Higher Netback Markets: focus on gaining access
to alternative regas terminals - Cove Point and Boston (currently modeling
the two least attractive netback terminals in the US: Elba and Lake Charles)
 2. Gas Swaps and Options: confirm value for Enron as a whole.  Estimated MTM
value of ENE offtake contract at the Gas Desk's Mid is $308MM coupled  with a
Project Company equity IRR of 18%.

It is our intent upon reaching agreement with PDVSA on our proposed changes
and post appropriate RAC and Financing Group reviews, to circulate all
contracts for your final review and approval.  If you require any additional
information as to our current plans etc. please give me a call.

Thanks

Emilio


The meter shows flow the first two day, the deal to sell to San Jac is
expired.  Do you want me to extend the deal to cover the volume?

Mary


Looks good to me.  Thanks.


Professor Ronn:
Thank you for your reply.  I have a meeting at 9:00 am, but I am free from
10:00 am to 1:00 am.  If you could let me know what the best time for me to
stop by your office I would appreciate it.  I look forward to meeting you
tomorrow.

Ben Rogers


Mark:

Implementation of the EOL project in Brazil had been postponed for a while
because of regulatory matters. The Market Rules were still being discussed
and had not been approved by ANEEL, making it impossible for us to implement
EOL, from a regulatory standpoint. Recently (about a couple of weeks ago),
ANEEL issued Resolution 290/00, approving the Market Rules, subject to
certain amendments. The amendments will be implemented in stages over the
course of the next few years. After Resolution 290 was issued and the
regulatory issues were partially resolved, the EOL team decided to work on
the project again. I am now in the course of adapting the ETA, GTC and
Password Application for use in Brazil. I will probably have drafts for
comments within the next 10 days. I am not sure about the time estimate for
completion of the project as a whole. I believe Remi can give you a better
idea of the schedule.

I will forward to you in a separate e-mail the legal opinion that we received
from outside counsel, addressing the issues in the memo prepared by your
team. Also, I take the opportunity to let you know that I am leaving Enron by
the end of August. From September on, the contact people for the EOL project
will be Remi and Ricardo on the commercial side, and Sami Arap on the legal.
In the meantime, please feel free to contact me if I can be of any further
assistance.

Andrea

From: Mark Taylor@ECT on 08/14/2000 05:57 PM CDT
To: Andrea Bertone/SA/Enron@Enron
cc:

Subject: EnronOnline

Any progress on the EnronOnline front?  I'm getting questions from the EOL
team in Houston as to our time estimate to completion and wondered if you had
heard back from outside counsel.


Dan

For what its worth (given that HPL is about to leave the Enron fold and I'll
have to start all over with AEP's credit group!!), Roche would accept the GTC
execpt the crucial part about collateral threshold and suggest the below
language.

Comments??

Lee

---------------------- Forwarded by Lee L Papayoti/HOU/ECT on 05/30/2001
12:27 PM ---------------------------

"Radigan, William J {Purc~Parsippany}" <WILLIAM_J.RADIGAN@ROCHE.COM> on
05/29/2001 04:41:05 PM
To: "'Lee.L.Papayoti@enron.com'" <Lee.L.Papayoti@enron.com>
cc: "Griffith, Bob {PROC~Freeport}" <BOB.GRIFFITH@ROCHE.COM>
Subject: RE: Proposed contract language

Lee,
We presently have approved the following paragraph in regards to hedging
responsibility with another one of our natural gas suppliers with whom we
lock in prices through Futures buying.? Would this paragraph be acceptable in
lieu of your article 12 in HPL's Terms and Conditions??

Bill

Financial Responsibility: In the event that in HPL's sole, but good faith,
business judgment, exercised in a manner consistent with general commercial
standards, HPL has reasonable grounds for insecurity of RVI's ability to
perform its obligations under this Agreement, HPL may demand adequate
assurance of performance from RVI.? Adequate assurance shall mean, but not be
limited to, sufficient security in a form, for a term, and in an amount
reasonably acceptable to HPL, including, but not limited to, a standby
irrevocable letter of credit.? If RVI fails to deliver such adequate
assurance within ten (10) business days following receipt of a written
request by HPL, then RVI shall be considered to be in default of this
Agreement. Similarly, in the event that in RVI's sole, but good faith,
business judgment, exercised in a manner consistent with general commercial
standards, RVI has reasonable grounds for insecurity of HPL's ability to
perform its obligations under this Agreement, RVI may demand adequate
assurance of performance from HPL.? Adequate assurance shall mean, but not be
limited to, sufficient security in a form, for a term, and in an amount
reasonably acceptable to RVI, including, but not limited to, a standby
irrevocable letter of credit.? If HPL fails to deliver such adequate
assurance within ten (10) business days following receipt of a written
request by RVI, then HPL shall be considered to be in default of this
Agreement.

-----Original Message-----
From: Lee.L.Papayoti@enron.com [mailto:Lee.L.Papayoti@enron.com]
Sent: Friday, May 25, 2001 1:34 PM
To: Wiilliam Radigan
Cc: Bob Griffith
Subject: Proposed contract language

Mr. Radigan

We have developed the language that is required to be able to enter into a
fixed price transaction for the Freeport Plant.

Because our existing physical contract is an older format, it proved to be
cumbersome to modify it.? Therefore, we would enter into a new agreement
for the fixed price volume as follows:

(See attached file: roche-gtc-2001-049crfm.doc)

Any volumes over the fixed price volumes would continue to flow under the
existing agreement.? The new contract would be the first volumes through
the meter.

Please call to dicsuss after you have had a chance to review.

Lee Papayoti


October 11th 2000.

From : Vivek Menezes
To   : Mr. Kenneth L. Lay (klay@enron.com)
       Chairman & CEO,
       Enron Corp.

Dear Mr. Lay,

Further to my emails dated 22/2/2000 & 14/6/2000 introducing Tata Housing as
a premium real estate developer in India, and specifically, our commercial
complex Technopolis KnowledgePark at Andheri (E), Mumbai.  We have been
given to understand  that Enron have acquired an additional space in  Kamla
Mills Compound.  We were surprised to note that Enron did not consider
Technopolis KnowledgePark inspite of it being a ready to move in building
with all the facilities required for a good Call Center.

A few of these facilities being -

_ High speed (100 MBPS)  data network with switched interconnection
      between offices.
_ Provision  for  ISDN lines.
_ 5000 line MTNL  exchange on campus
_ Power from Tata Electric Cos, which is 20% cheaper than the Government
      supply.
_ In addition,  a good quality restaurant and 24 hours ATM facility.
_ Central Air-conditioning & Building Automation System.

All these facilities and more were explained to Mr. Edward de Valcourt,
Project Director Communications, Enron Corp., when he visited Technopolis
KnowledgePark on 16/6/2000.  Inspite of that, we have once again not been
considered.  I would like to take this opportunity to inform you that we
currently have approximately 1,00,000 sq.ft. of space available at
Technopolis KnowledgePark.  We are also in the process of constructing the
IInd Phase in the same complex which is approximately 60,000 sq.ft. and can
be made entirely available to you, if required.

Further, we have another building of approximately 1,00,000 sq.ft. located
strategically at Kanjurmarg.  This too could be ideal for your requirement.
We would also like to inform you that Tata Housing has a large land bank and
can offer properties to Enron for Call Centres  across the country.
We request you to once again look into the same and revert to us at the
earliest.

Thanking you
Yours sincerely,
TATA HOUSING DEVELOPMENT CO. LTD.

Vivek Menezes
Manager ) Marketing & Sales

cc  :   Mr. Sanjay Bhatnagar ) CEO
     :   Mr. Wade Cline ) COO
     :   Mr. P. Sreekumar
     :   Mr. Hemant Luthra
     :   Mr. Edward de Valcourt ) emailed at Edward.de.Valcourt@enron.com
         Enron India Pvt. Ltd.
         56, Maker Chambers VI
         Nariman Point
         Mumbai ) 400 021.


Start Date: 1/7/02; HourAhead hour: 23;  No ancillary schedules awarded.  Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010723.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 23 / Preferred:  41.91 / Final:  41.88)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 1/7/02
  SC_ID: ENRJ


god help them

Best of luck, Rick


Hey,

I am getting ready to wrap up my work for the night and head over to the
Williams party.

I just wanted to send you a quick note so you could have my e-mail address.

I will try to find out more about the rumored buyout.

Talk to you later,

Andy


HOEGH GALLEON, DATE:	30 05 01	12:00	11:00	(UTC)
A) Position at noon:	N	33 31	W	019 07
B) Dist. From last noon:	459	nm
C) Dist. To go to next port:		nm
D) ETA next port:	LAKE CHARLES	8 15:00	LT
E) 1: Average sea/wind	Sea:	E 4	Wind:	4
    2: Average speed	18.36	kn	RPM:	78.23
    3: BOG 	260.3	m3
    5: F.O Consumed	19.2	m3
    6: G.O. Consumed	0	m3
    7: Average vapor press		Average liq. Temp:
Tk1:	0.164	bar	-158.27	?C
Tk2:	0.163	bar	-158.26	?C
Tk3:	0.161	bar	-158.23	?C
Tk4:	0.16	bar	-158.36	?C
Tk5:	0.167	bar	-158.27	?C
ONE HOUR RETARDED.

Brgds Knut Bentzr?d
Master LNG/C "Hoegh Galleon"

E-mail: master.gall@hoegh.no
Teleph: Inmarsat tel.no.+873 330853910
Fax   : Inmarsat fax no.+873 330853913
Telex : Inmarsat B telex no.+583 330853915
Telex : Inmarsat C telex no.+583 430853910 (24hrs.watch)


Hi Sara,
I'm sending this to confirm that all issues have been agreed upon.  Pursuant
to our conversation, please email the final blackline to my colleague, Kim
Farr, in my absence.  Upon her review, we will be ready for executable docs!
Thanks for your help, now I can go on vacation!!!
Regards,
Dee

Delene M. Travella
Vice President
Capital Markets, Derivatives
Telephone: (704) 383-8778
Facsimile: (704) 383-0575
email: delene.travella@funb.com

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Friday, March 02, 2001 12:47 PM
> To: delene.travella@funb.com
> Subject: ISDA w/ First Union National Bank
>
> Dee:  Let me know if we need to discuss anything.  I am hopeful that we
> are
> ready to prepare execution copies.  Regards.
>
> Sara Shackleton
> Enron North America Corp.
> 1400 Smith Street, EB 3801a
> Houston, Texas  77002
> 713-853-5620 (phone)
> 713-646-3490 (fax)
> sara.shackleton@enron.com
>


CACT NG sheets for Thursday.(NOTE: I will be out of the office 6/27,
6/28. David Patterson will be available).


what type of flexiblity would we hav on teh Terrell plant gas?  Can we switch
it daily or do we have to committ to either El Paso or  PGE at the start of
the month?


FYI

 -----Original Message-----
From: 	Lozano, Melba
Sent:	Friday, August 31, 2001 11:51 AM
To:	Postlethwaite, John
Cc:	Scholtes, Diana; Walker, Chris; Sweitzer, Tara; Carter, Tim; Moorer, Torrey
Subject:	NEW LOCATION - NOB N/S
Importance:	High

John,

Could you provide me with a facility number for the following location in Enpower.  If you have any questions please let me know.
Location:
Location Name (exact as Data Manager): NOB N/S
Location long Description:  The transaction is for delivery or receipt of power at the Nevada-Oregon Border in the North to South direction.
Trader Name:  Diana Scholtes
Book Administrator: John Postlethwaite
Risk book:  ST-NW

Thanks,
Melba Lozano
713-345-8986
713-646-8511 Fax
713-698-4847 Pager

 -----Original Message-----
From: 	Walker, Chris
Sent:	Monday, August 27, 2001 4:01 PM
To:	Sweitzer, Tara
Cc:	Lozano, Melba; Meredith, Kevin
Subject:

Tara,

Please map and test the following new location.

US Pwr Phy Firm  NOB N/S Peak            Dec01           USD/MWh	(57464)

Trader:  Diana Scholtes
Book Admin:  John Postlethwaite
Risk Book:  ST-NW


Per my conversation with Lynn and Steve on Friday night, we have claimed
force majeure for any gas shut ins that actually happened for the 1st.  (I'm
not sure how extensive that actually turned out to be).   Does that have any
financial consequences or other consequences for us?  For example, on TW,
certain force majeure situations can force us to refund demand charges,
right?  NN's tariff doesn't have a similar mechanism, but we may have common
law exposure.  We may need to revisit the Jan 1-4 period when we talk
tomorrow or Wed.  This would really make Continental and possibly others mad,
but at worst, we could put out a revised notice saying that the shut-ins for
the 1st -4th were not FM.  Any thoughts?  DF

Lynn Blair
12/31/2000 03:16 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Steven January/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, Michel
Nelson/ET&S/Enron@ENRON, Charlie Graham/ET&S/Enron@ENRON, Stephen
Herber/ET&S/Enron@ENRON, Lynn Blair/ET&S/Enron@ENRON

Subject: Re: FM

Just an update, I notified Continental that we will not consider the
compressor shutins made this morning as
Force Majeur.  They (Melissa Master) did not seem to be too surprised.  She
does understand
if we go back down on the 4th or 5th we will not mark any of the compressor
with Force Majeure.
Thanks for your input.  Lynn

Drew Fossum
12/29/2000 11:58 PM
To: Lynn Blair/ET&S/Enron@ENRON, Steven January/ET&S/Enron@ENRON
cc: Mary Kay Miller/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Dari
Dornan/ET&S/Enron@ENRON, Michel Nelson/ET&S/Enron@ENRON, Charlie
Graham/ET&S/Enron@ENRON, Stephen Herber/ET&S/Enron@ENRON

Subject: FM

Some additional thoughts on the force majeure issue--i.e., are we cutting off
shippers' supply due to force majeure?

1.    If the gas at the point is out of spec on water, the answer is clearly
no.  We're shutting in that supply due to our termination of a waiver of the
tariff quality spec., not due to force majeure.  We have the discretion to
grant or terminate waivers of the tariff in our discretion as prudent
operators and so long as we don't discriminate.   If that gas is out of spec
on any of the specific items listed in the "Quality" section of the tariff
(Sec. 44?  47?  I can't remember which but its one of those) then the answer
is the same.

2.  If the gas is being shut in because of heavier hydrocarbons, I think the
answer is the same as above if there is risk of those heavier hydrocarbons
falling out as liquids.  I'm remembering the catch all section of the Quality
paragraph as prohibiting "dirt, gums, and other impurities that would
interfere with the operation of compressors, blah blah" or something to that
effect.  That catch all seems to me to include liquids.  IF the c6 and
heavier is going to form hydrates and fall out as liquids, then the people
delivering those heavies to us are delivering out of spec gas--therefore no
force majeure.   I read Eric's very scientific email and I think the punch
line was that the heavy hydrocarbons may fall out as liquids--right?   The
thing I can't remember is whether the Quality section has specific max.
limits on the individual heavier hydrocarbons.  If so, and if the shippers
are within those limits, my theory based on the catch all language doesn't
work as good.

3.  If we think we need to claim force majeure, we have a problem, because we
could have bought our way out of this situation for a nickel.  Generally, an
event isn't force majeure if it is purely economic.

I'll think about this some more tomorrow and give you guys a call.  DF


the date: Friday, May 18th
the place: EB 3143C
the time: 9:00 AM - 10:00 AM CST

If you have any problems or questions, please feel free to call me at
713-853-1696.

Thank you,
Lorie Leigh

	Enron North America Corp.

	From:  Ben F Jacoby                           05/16/2001 09:22 AM

Sent by: Ben Jacoby
To: Herman Manis/Enron@EnronXGate
cc: Kay Mann/Corp/Enron@Enron, Chris Booth/NA/Enron@Enron, Lorie
Leigh/HOU/ECT@ECT
Subject: Friday Meeting re: Blue Dog

Herman:

Kay, Chris and I can meet with you on Friday at 9 AM.

Lorie - Please get us a conference room and advise everyone of the room
number.

Thanks,

Ben


Scott,

As I preliminary answer, this language hasn't been approved by Deffner's
group, although it is based on language they have seen before.  It was my
understanding that you wanted to keep this deal off their radar screen, as
you didn't want them entering into the structuring picture until later.  We
can ask for a blessing on the language, but that will probably lead to
questions about how the deal will be structured, etc.  I am happy to access
the resources in their group, however.

FCE hasn't seen any of this language.  It was something I pulled together for
you to look at.

As for FCE's desire to assign in case of merger, etc, I think the language is
too broad.  In fact, I think assignment by them should require our consent.
Otherwise, it needs to be conditioned on the acquiring party to be acquiring
a bunch of stuff:  the know how, the patent rights, the manufacturing
facilities, etc.  If they are going to merge with another company or sell
their shares, they don't need an assignment clause, unless there is something
peculiar in Conn. law.  They only need assignment language for an asset sale.

Kay

	From:  Scott Healy @ ECT                           11/10/2000 11:30 AM

To: Kay Mann/Corp/Enron@ENRON
cc: Stephen Plauche/Corp/Enron@Enron

Subject: Re: Assignment

Questions/Comments:

1. How do we handle assignments to state agencies like CRRA...will they be
rated in the fashion described?
2.  Shouldn't the credit standard only apply if it is an assignment of
obligations?  Why would this apply if it were only rights?
3.  Isn't #2 the same as #3, except with no specific ownership requirement.
My reading of #2 is that it allows #3, but #3 narrows #2
4.  My guess is that FCE will want condition 6(a) to apply to all the
assignments.
5.  Has anyone from Deffner's group approved this language?
6.  My guess is that FCE will reject this language as being too broad.  Have
you run it by them?
7.  For condition #1 to apply to CRRA, would we have to assign the agreement
to CRRA and then to the project financing?  The most likely scenario is this,
so we should make certain that it can happen under the agreement.
8.  What about the acquisition language that FCE proposed.  Assignment should
be allowed if Purchaser is acquired.


Jessica,

Please confirm w/Rosie when the polycoms and lucent phones will arrive in the
conference room for floor 27.

Many Thanks,

Liz


Sheila
Changes to the manual list for North America need to be authorized by Wes and
Sally.  We are specifically limiting the number of signers.

I think that what we need to do is immediately address the issues that are
causing your wires to miss the standard process.  We did not have the issue
prior to SAP.

Please outline your processing requirements and we can work together with AP
and SAP to fix the underlying issue.
Thanks for the help.
Mary

	From:  Sheila Glover                           09/11/2000 10:54 AM

To: Mary Perkins/HOU/ECT@ECT
cc: Brent A Price/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Laurel
Adams/HOU/ECT@ECT, Theresa T Brogan/HOU/ECT@ECT
Subject: Manual Wires - sign off

Mary,
I want my name and Theresa Brogan's added to the authorized approvers on
manual wires.
Thanks, Sheila
---------------------- Forwarded by Sheila Glover/HOU/ECT on 09/11/2000 10:52
AM ---------------------------

	From:  Sheila Glover                           09/08/2000 10:09 AM

To: Mary Perkins/HOU/ECT@ECT, Larry Dallman/GPGFIN/Enron@ENRON, Wes
Colwell/HOU/ECT@ECT
cc: Frieda Schutza/GPGFIN/Enron@ENRON, Carolyn Centilli/Corp/Enron@ENRON,
Laurel Adams/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT
Subject: Manual Wires

Mary, Larry and Wes,
We just received a faxed copy of the Manual Wire and Same Day Payment memo
which was sent by Betty Tauzier on 8/28/00.
Rate & Currency trades fx which is settled the following day and requires
next day payments for FX.  Currently we are severely hampered because our
infomation is required into Unify by 2:30 for an Accounts Payable run at 4:00
for next day payments.  We are still trading after these cut-offs and tying
out the day's activity with Trading.  Therefore, we currently have to rely on
manual wires to make payments to our counterparties on the value date.

We need to get timeframes which mirror our business requirements.  I would
like to get the Accounts Payable run for our companies, 842 and 967, moved to
after 5:00 pm.  Information is not due to the bank until next day. 8:00 am
London time.

Please let Laurel and me know what changes can be done to our processing
flows.
Thanks. Sheila


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Just wanted to let you know that TNE will be  posting the hourly indexes for
Feb. 16 and 19 and the daily indexes for Feb. 20  and 21 on Tuesday.
?
?
Bobette  Riner???????????????????????????????
Senior Power Markets Analyst??????
TradersNews Energy
713/647-8690
FAX: 713/647-7552
cell:  832/428-7008
bobette.riner@ipgdirect.com
http://www.tradersnewspower.com
?
?


TTotten@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving HB16 in the 25 December 2001 Real-Time Market to
verify prices.

The NYISO is reserving the following hours at the following external proxy
buses per ECA20010908B:

HQ: 7:00, 16:00, 23:00
NE: 7:00, 16:00, 23:00
OH: 7:00, 16:00, 23:00
PJM: 1:00, 7:00, 16:00, 23:00

Prices in the 26 December 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


-----Original Message-----
From: 	Grigsby, Mike
Sent:	Monday, January 07, 2002 8:35 AM
To:	Kitchen, Louise
Subject:	Tori Kuykendall - resigned

Louise,

Can I have Tori's network profile scanned at some point?  She resigned at the end of last week.  Just concerned about her downloading fundamentals because she starts immediately with RWE this week.

Thanks,
Mike


Are you attending? This is a change- why?
---------------------- Forwarded by Richard Shapiro/NA/Enron on 06/27/2001
07:08 AM ---------------------------
From: Andrea Yowman/ENRON@enronXgate on 06/27/2001 02:22 AM
To: Cindy Olson/ENRON@enronXgate, Dan Leff/HOU/EES@EES, Fernley
Dyson/Enron@EUEnronXGate, Richard Causey/ENRON@enronXgate, Rod
Hayslett/ENRON@enronXgate, Sally Beck/ENRON@enronXgate, Steven J
Kean/NA/Enron@Enron, Paula Rieker/ENRON@enronXgate, Richard
Shapiro/NA/Enron@Enron
cc: Wes Colwell/ENRON@enronXgate

Subject: VP Commercial Support PRC Sub-Committee

MESSAGE SENT ON BEHALF OF WES COLWELL:

You have been selected to participate on the VP Commercial Support PRC
Sub-Committee to cross calibrate and rate the Commercial Support Vice
Presidents.  This PRC will be held on July 20, 2001 in EB 49C1.  You will be
responsible for representing Vice Presidents in your functional area and/or
business unit.  The attached file details specifically, the employees we are
requesting that you represent.

Two weeks prior to the meeting, you will receive the following information to
facilitate your preparation.

1. Employee Profile
2. Consolidated Feedback
3. List of Accomplishments
4. Functional vs Business Unit Ranking Differences

You should discuss the performance of these Vice Presidents with their
manager and resolve any issues based on feedback received prior to attending
this meeting.  The results of this committee will be reviewed and approved by
the VP PRC Committee on July 23, 2001.

If you have any questions or concerns, please don't hesitate to contact me at
ext. 37249.

Wes Colwell


Start Date: 1/11/02; HourAhead hour: 9;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011109.txt


Guys, to end all arguments, I would suggest the following protocol which is
similar to what was discussed at Columbia Lakes:

 a) P&P swaps and anything to do with the network strategy/assets in the
paper sector in Canada and Mexico - Industrial Origination;
 b) Pure energy commodity positions and stand-alone energy assets (no
outsourcing) for all industrial segments in Canada and Mexico - ECC or Enron
Mexico;
 c) Energy outsourcing for all industrial segments in Canada and Mexico - I
would like Enron Canada and Enron Mexico to develop a written target list in
which ECC, Enron Mexico and the Industrial Origination groups would work
together to develop, sell and execute on the most profitable and value adding
outsourcing product for the industrial customer in Canada and Mexico - ECC
and Enron Mexico's understanding of the energy markets in Canada and Mexico
coupled with the customer facing, product development and execution skills in
Houston should provide a winning team.  I am asking for the three teams to
clearly identify the outsourcing targets, lead sales and structuring people
and the timing as far as starting discussion with each target customer
(ASAP).  I would hope that the Mexican and Canadian teams would lead the
sales process and the Houston team lead the structuring, customer facing and
execution but I will let you decide the optimum mix.  Either way, I am
expecting this target list completed and agreed to in the next two weeks for
Canada and Mexico;
 and d) for Tembec I don't think it makes sense to change the deal team at
this point; however, the US team will keep the Canadian team in the loop and
if the products become non-outsourcing related the deal should be passed to
ECC.

Regards
Delainey

---------------------- Forwarded by David W Delainey/HOU/ECT on 08/03/2000
12:31 PM ---------------------------

Rob Milnthorp
08/03/2000 09:46 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Tembec and US Originators

Dave, attached is some of the background correspondence in anticipation of
our meeting with Brian Burnett.

Regards
Milnthorp
---------------------- Forwarded by Rob Milnthorp/CAL/ECT on 08/03/2000 09:29
AM ---------------------------

Angela McCulloch
07/27/2000 11:07 AM
To: Rodney Malcolm/HOU/ECT@ECT, Edward Ondarza/HOU/ECT@ECT, James A
Ajello/HOU/ECT@ECT
cc: Rob Milnthorp/CAL/ECT@ECT
Subject: Tembec and US Originators

Rodney, Edward, Jim - We've been over this issue a number of times and I
thought we had reached resolution when we last met with Delainey.  My
understanding with respect to coverage of Canadian Industrials is as follows:

1.) ENA to take lead on industrials that have facilities in both US and
Canada and will co-ordinate coverage with ECC with respect to Canadian
Facilities.

2.) ECC to take lead on industrials that have Canadian Facilities only.

3.) With respect to Canadian Pulp & Paper Industrials, ENA will cover Pulp &
Paper Swaps and SPV structuring.  ECC will cover these industrials for all
other Enron products (i.e. power, gas, services, etc.) Again, coverage needs
to be co-ordinated.

Specific to Tembec, I share Paul's concerns on why ENA would send 2 people to
talk to Tembec re: outsourcing when Tembec is across the hall from ECC, ECC
has an established relationship, and Tembec is a Canadian Company with no US
facilities.

It is my hope that we can resolve this amongst ourselves without having to
get Dalainey involved. I would suggest a conference call next week.  In the
interim, Paul will forward a CA to Tembec in contemplation of an outsourcing
arrangement.

Regards,

Angela McCulloch for  Rob Milnthorp
Assistant to Rob Milnthorp
(403) 974-6738
---------------------- Forwarded by Angela McCulloch/CAL/ECT on 07/27/2000
11:04 AM ---------------------------

Paul Devries
07/25/2000 01:30 PM
To: Rob Milnthorp/CAL/ECT@ECT
cc:
Subject: Tembec and US Originators

Rob, We just had a very good meeting with Tembec about Energy procurement and
energy outsourcing.  While the meeting went well, I am very confused about
the Enron team making the pitch to them.  My understanding is that the
Canadian originators - particularly the Toronto team for Eastern Canadian
companies will be responsible for everything except for pulp and paper swaps
and to some extent, new SPV's.

In this instance,

1.  Tembec is a Canadian Company
2.  All their assets are in Canada
3.  Jan has been working with Tembec people in their largest facility
4.  We know the executive team at Tembec
5.  We clearly are very knowleadgable in all aspects of the Ontario energy
market which is their focus right now
6.  We understand and are pitching the overall energy outsourcing arrangement
similar to the US pitches

With this in mind, I am not sure why Kellie Metcalf and Bob Anderson flew up
here (6 hours flight time there and back, $4,000 to $5,000 in flights and
hotels) for a 4 hour meeting with Tembec.  Kelly was quite vocal in saying
that this is a client they want to serve out of Houston.  I have stated to
her that that does not make any sense in terms of efficiency and costs and
knowledge of the market where Tembec's assets are.  Obviously, much of the
technical engineering work would and should be done by the engineering team
put together in the Industrial Services Group should a deal be struck.
However, the commercial negotiations and marketing should be led by this
office!!!

I thought this had been agreed to already.  We managed to piece up the
meeting and deliver the "Enron" message, but going forward we need to have
this resolved.

Cheers, Paul D


David,

I can ask our CEO John Sherriff.
Please, let me know by 10:00 a.m. Central Time, Wednesday.

Vince

David Warwick <djw@kwi.com> on 04/24/2001 05:24:53 PM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject: RE: KWI User Group

Vince

Sorry to hear you cannot make it ... you would obviously have been the big
catch !!

In terms of a London based replacement, who did you have in mind and what
sort of subject could they cover ?

David

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: 24 April 2001 23:22
To: djw@kwi.com
Cc: Vince.J.Kaminski@enron.com; Shirley.Crenshaw@enron.com
Subject: RE: KWI User Group

David,

I regret to inform you I am unable to attend the conference due to previous
commitments.
Would you consider a speakers form our London office?

Vince

David Warwick <djw@kwi.com> on 04/24/2001 09:47:31 AM

To:   "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject:  RE: KWI User Group

Vince

Any further thoughts on this ?

David

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: 13 April 2001 21:44
To: djw@kwi.com
Cc: Vince.J.Kaminski@enron.com; vkaminski@aol.com
Subject: Re: KWI User Group

David,

Thanks for the invitation.
I shall check my schedule on Monday and will get back to you
regarding the conference.

I hope you will a very Happy Easter.

Vince

David Warwick <djw@kwi.com> on 04/12/2001 04:04:32 PM

To:   "'vince.j.kaminski@enron.com'" <vince.j.kaminski@enron.com>
cc:
Subject:  KWI User Group

Dear Vince

Please may I reintroduce myself. We met last year at the Sydney EPRM
conference which my company KWI sponsored. I chaired the session at which
you spoke.

As you may remember, my company, KWI are one of the world's leading
provider
of systems (kW3000) and consultancy for energy, trading and risk
management.
We have over 60 clients worldwide including many of the world's leading
energy companies (not Enron unfortunately):

North America
- TVA
- Ontario Power
- Cinergy
- Bonneville Power

Europe
- Enel
- ATEL
- Electrabel
- EDF

Nordic
- Vattenfall
- Fortum
- Sydkraft
- Statkraft
- Birka Energi
- Norsk Hydro

Each year we stage a "KWI Users Forum" - a 2-day event attended by leading
trading and risk staff from our clients. Last year there were about 100
delegates. The agenda primarily focusses on issues surrounding risk
management for the energy sector.

The agenda comprises keynote presentations on burning risk issues from
industry leading energy speakers and practical workshops focussed around
using our software.

This years event is at a luxury hotel in the wonderful Spanish city of
Barcelona and runs from the evening of Sunday September 9th to Tuesday
September 11th. The main conference dinner is on the Monday evening and is
always a memorable event. This year it is in a leading Barcelona restaurant
preceded by a bus tour of the city with a stop for pre-dinner drinks.

I would like to invite you to make the opening keynote address, the
highlight of the conference.

The subject could be:

*    a general energy risk related topic
*    a general insight into the secret of Enron's continued success in
the energy markets
*    your thoughts on the future development on energy markets (and other
commodity related - bandwidth etc.) worldwide

Obviously, we would cover all your delagate costs including accomodation,
food and drink.

What's in it for you ? Many of our users are some the energy sectors
leading
risk thinkers and I'm sure you would enjoy meeting them and exchanging
views.

Please let me know if you are able to accept the invitation.

Best regards

David Warwick - Marketing Dierctor and Co-founder


i don't think we will get killed.  we aren't as bad as we played this week.
actually i have tried sushi and those beans are good but i hate the sushi.


---------------------- Forwarded by Kay Quigley/HOU/EES on 11/30/2001 10:28 AM ---------------------------

	Enron Energy Services  From:  Michelle Robichaux                           11/28/2001 04:08 PM Phone No: 713 853-5976   Fax :  713-646-8427   Pager:  877-811-2712

To:	Gisselle Rohmer/Enron@EnronXGate, Jennifer Rudolph/Enron@EnronXGate, Stephanie Kimble/Enron@EnronXGate, Lisa Lees/Enron@EnronXGate, Colleen Koenig/HOU/EES@EES, Kay Quigley/HOU/EES@EES, karin@fsicorp.com
cc:	bill@karinderr.com
Subject:	Room for Rent

In an attempt to reduce expenses...........I am going to rent a bedroom /bath in my home.   Asking price is $475 which will include bills, cable and washer/dryer.

Please pass my number on to anyone who might be interested!

Home 713-880-4671
Cell 713-962-2604


Dallas at meter 986789 would like to decrease from 12079 to 12000. Let me
know  " D "


No.

	Tanya Rohauer
	08/01/2000 10:26 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Media General

Have they executed the ISDA?


Okay, we have the first draw for the loot thursday. The decision hasn't been made regarding what is up for grabs, but all the stuff's pretty nice as you know.

To make things clear, to qualify for the draw you must put in my hands a completed file folder with an initialled checklist on the front and a signed release form inside. Some completed folders can be found on the desk beside Jason Biever - Invasion is a good example of a completed folder.

It should also be noted that we always need a signed release form before we send out a cheque. Any issues counterparties have with that should be directed to Kyle.

If you should so require, Angela or Megan can put together a blank folder for you to fill in. We're not picky how you put the folder together, just that all of the following is inside (if applicable):
Confirms / TAGGs
Invoices / Payments
Correspondence
Model Calcs
Signed Release Form

Just send either of the two you counterparty name and they can set you up with a folder.

If you have any questions, let me know. Also, if you have a completed file without a release (i.e. if it's a reinstated contract which is flowing to termination like Domtar) tell me and I will make sure that management makes a decision on whether it qualifies.

I'll email the contenders out tomorrow around noon so if you think you are being sadly overlooked you can let me know then.

Good luck,

Mike


Hi!

                     How was your lunch with Dan?  I hope you had fun!
Thanks for going with me to the YMCA - I can't wait untill we get into the
routine we talked about. When do you want to start?  Next Monday?

                               Love You Much!!!


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November 19, 2001

Montana Power:
Problems Continue to Overshadow Transformation Into Touch America

By Will McNamara
Director, Electric Industry Analysis

[News item from CBS MarketWatch] Montana Power shares fell on Nov. 16, a day after the utility posted a loss for its third quarter, citing the slowdown in the economy and the company's transition from a diversified energy company to a stand-alone telecommunications firm. The stock fell to a 52-week low of $4.05 earlier in the session. It closed Nov. 16 at $4.18, down 52 cents. As of early morning trading on Nov. 19, Montana Power shares remained at $4.18.

Analysis: There is little doubt that Montana Power currently finds itself at a challenging crossroads. The company remains in the midst of becoming solely a telecommunications operation, having sold off much of its utility holdings. However, the process has hit several snags, including an incomplete transfer of its transmission and distribution unit to Northwestern Corp. Compounding Montana Power's current problems is a weakened financial performance, which continues to worsen and also leaves little capital to build the telecom business. In addition, the company faces a host of related challenges, including uncertainty about the final regulatory approval needed for the asset sale to Northwestern, requests for rate increases to fund the purchase of power that Montana Power must buy on the wholesale market, and inspection of the long-term power-purchase contracts that the company has formed with various suppliers. The question that investors should be asking with regard to Montana Power's current plight is whether or not the financial losses and resulting drop in stock price represent a temporary setback or some larger indication of doubt about the company's viability as a telecom operation.

For its third quarter 2001, Montana Power posted a loss of $27.5 million, or 26 cents a share, representing a $57.3-million swing from its 3Q 2000 profit of $30.4 million, or 29 cents a share. During the third quarter of 2000, Montana Power had reported a net income of $31.3 million. Montana Power has noted that the losses in the current quarter were not solely related to Touch America, but also included a $14.8-million pre-tax write-down of investments in two other telecommunications companies. One had filed for bankruptcy and the other defaulted on loans that Montana Power had helped guarantee. In addition, company officials have attributed the loss to price decreases and the slowing economy. However, note that the current third-quarter losses followed losses in the second quarter as well. Specifically, the company reported a net loss of $10.9 million, or 11 cents a share, in the 2Q 2001, compared with net income of $35.5 million, or 34 cents a share, in the second quarter of 2000. The company also previously reduced its expectations of revenue growth in 2001 to 10 percent from 25 percent. According to Montana Power's CEO Bob Gannon, the company is merely experiencing a "short-term liquidity problem."

Nevertheless, to say that Montana Power is having some growing pains is an understatement. Since March 2000, it has been Montana Power's goal to totally divest all of its energy assets and re-emerge as a debt-free communications company, operating under the name of Touch America (presently the company's telecom subsidiary), with zero debt, $350 million in cash and 26,000 miles of fiber communications lines. CEO Gannon originally envisioned, and continues to see, Touch America as one of the largest broadband companies in the country and a more lucrative business model than the formerly integrated Montana Power. Much of the transition has already taken place, considering that Montana Power has successfully divested its oil and gas, coal and independent power production businesses. As noted, the last piece of the puzzle is the sale of its electric and natural-gas utility operations to Northwestern Corp., a provider of electricity, natural-gas and communications services to Midwestern customers. This is a big piece of the puzzle, however, as Touch America is counting on proceeds from the distribution sale to support continued growth.

Therein lies one of the main challenges for Montana Power. The Montana Public Service Commission is the last regulatory agency that needs to approve the sale of these assets. Some analysts have suggested that Montana Power's financial problems can be resolved only if the Montana Public Service Commission approves the sale of the electric and natural-gas distribution systems, which could inject some $460 million in Touch America's operations. Yet, state regulators are ensuring that the state consumer counsel's office, which represents ratepayers in utility cases, and a group of large industrial electricity users also have an opportunity to raise any concerns about the proposed sale of the assets. The less time provided for equal-opportunity review and comment could increase the likelihood that the sale could be challenged down the line.

After some early deliberation, the Montana Public Service Commission has now agreed to review the $1.1-billion proposed sale of the assets to Northwestern Corp. by Jan. 31, 2002, although lawyers for Montana Power are still lobbying to have this review moved up to December. Part of the pressure for the review, the company's attorneys have argued, is that if the sale is not approved by the end of the year, investors and lenders may lose patience regarding the uncertainty of the deal and refuse to provide any further capital support into the growing Touch America. Furthermore, the viability of the entire business plan for Touch America could be brought into question if this asset sale is not approved by state regulators, considering that Montana Power is counting on proceeds from the sale to support growth of the new telecom company. The sales agreement between Montana Power and Northwestern Corp. expires March 31, 2002, so time is also a factor.

Another issue that has yet to be resolved is Montana Power's intent to raise rates to support purchases of wholesale power. In other words, as a tangential issue related to the sale of its assets, state regulators also question how Montana Power will recover certain power-supply costs as it continues to morph into a telecom business. The company has established that it expects to pay nearly $2 billion over the next 30 years for wholesale power purchases that have been necessitated by its transition to a telecom company from a utility holding company, and hopes to increase electric rates by 20 percent to support these expenses. Montana Power is still considered the default provider to about 288,000 customers, and needs an average of 670 MW for its customers. However, the company also needs to keep a total of 1,050 MW as a peak load during the winter months and aims to keep 100 MW of reserve power.

Since the company voluntarily divested its own generation facilities to PPL Corp., it must procure its entire load on the open market at rates set by the Montana Public Service Commission. The 20-percent rate increase reportedly would increase residential electricity rates by about $2.00 a month starting in July 2002, making the average bill about $64 per month. In addition to the projected 20-percent increase for residential customers, Montana Power estimated that small businesses could see their rates increase by 21 percent and medium industrial customers could see a 36-percent increase. It is important to note that a recent survey by the Great Falls Tribune concluded that, the increase in Montana Power's rates would produce some of the highest residential electric rates in the Northwest.

Montana Power is attempting to establish long-term power contracts with suppliers to meet its entire load requirements. For instance, Montana Power formed a buy-back agreement with PPL as a condition of the generation sale two years ago. This contract expires July 1, 2002. Beyond that date, Montana Power announced that it signed a one-year contract to buy 111 MW from Duke Energy at an undisclosed price. PPL also has formed a new contract to provide 450 MW to Montana Power over a five-year period after its current contract expires. Northwestern Power, the purchaser of Montana Power's distribution system, has said that it wants Montana Power to assemble a diverse package of power-purchase deals (instead of buying all its load from one source) to encourage the development of new generation sources in the region. Montana Power has reportedly submitted a portfolio of power-purchase deals to the Montana Public Service Commission to determine the inclusion of those deals within the rate structure, and the portfolio contains about three-fourths of the 1,129 MW that Montana Power will need to cover its peak demand of customers and maintain an adequate reserve. The company will probably purchase the balance of its requirements on the short-term market.

Also, on the legal front, Montana Power continues to navigate through at least two litigious proceedings. First, in August, a group of Montana Power shareholders initiated a lawsuit against the utility, claiming the company's effort to get out of the electricity business was illegal and cost them $3 billion in lost stock value. The complaint, filed in the District Court at Butte, said the sale of Montana Power generation plants to PPL Montana in December 1999 was done without the required shareholder approval and should be overturned. The suit also asks for a court order putting the plants and an estimated $100 million in profits realized by PPL from operating the plants into a trust until the case is resolved. What this means is that the sale of Montana Power's generation assets are in a state of litigation, even though the sale of the generation assets was completed two years ago. Another lawsuit is related to Montana Power's $200-million purchase last year of Qwest Communications' long-distance and other telephone businesses within a 14-state service area. Essentially, Montana Power has launched a suit against Qwest, alleging that Qwest has violated anti-trust laws and constrained competition in the long-distance and voice and data market.

Consequently, as Montana Power closes out the year and hits the two-year mark in its transformation into Touch America, the future for the company looks rather questionable. Although there are market doubts about the future of the telecom sector, Montana Power remains confident that its long-term prospects as a telecom company remain very strong. Nevertheless, the current question for investors is how quickly and how successfully Montana can complete its transformation into Touch America. In other words, what Montana Power sees on the horizon may not be so easily reached. The path to the company's final destination is obviously marked by several financial and legal obstacles.

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Shelly:

Oh my...jury duty!!!  I have it penciled in for that week. (VBS) Yep, I
remember we did that...end of Children's ministry meeting...had a brain cram.
Sorry. I will let Bobbie and Ange know so they can be there to hear the info.
Guess I was getting over anxious.  Thanks for letting me know!
In Him,
Patty


you're a goddess.  thank you.


I can't wait!!

Becky Pitre
01/31/2001 08:35 AM
To: Brooklyn Couch/HOU/EES@EES, Shannon McPearson/HOU/ECT@ECT, Robin
Rodrigue/HOU/ECT@ECT
cc:
Subject: Lunch

OK, we're on.  Lunch tomorrow at Luthers.  Let's meet in the lobby at 11:30
AM.  B


How are you?  I was just thinking of you guys and wanted to say "hi"!!!


From http://www.enerfax.com:

ANR Cuts HIOS Volumes; Mainline Work Planned

    ANR Pipeline says volumes from the High Island Offshore System and West
Cameron near shore blocks have been reduced by 40 MMcf per day due to
compression outages at Grand Chenier. The reduction began Wednesday and will
remain in place until further notice. ANR is also planning to perform
pipeline maintenance on its Southeast Mainline beginning June 4th and
continuing through July 6th. The work will reduce capacity by 195 MMcf per
day from June 4th  10th, 225 MMcf per day June 11th  12th, and by 60 MMcf
per day June 13th  24th. June 25th  26th, capacity will be reduced by 140
MMcf per day and by 220 MMcf  per day from June 27th to July 3rd. The work
will cut capacity by 25 MMcf per day from July 4th  6th. ANR's system
consists of 10,600 miles of pipeline and 74 compressor stations with a
design peak capacity of about 6.6 Bcf per day.

Bob Brooks
GPCM Natural Gas Market Forecasting System
http://gpcm.rbac.com


Aldo:
Here is a draft presentation of the trading, risk management and backoffice.
Please give me a call if you have any questions.  Thanks!
Ben


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/09/2001
01:32 PM ---------------------------

"Btu" <subs@btu.net> on 04/06/2001 05:35:07 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly

Attached is the latest issue of Btu Weekly.

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wg040901.pdf


This is the most recent version

There is some debate about how much of this presentation we can get into the
comments to the governnor given his requests outlined on page 14


Where's Ben's name?


Attached please find WP-02 data requests PG-BPA:126 - PG-BPA:131 from Public
Generating Pool to Bonneville Power Administration.

Kelly C. Beniga
kbeniga @ schwabe.com
(503) 796-2445

NOTICE:  This communication may contain privileged or other confidential
information. If you are not the intended recipient or believe that you may
have received this communication in error,  please reply to the sender
indicating that fact and delete the copy you received.  In addition, you
should not print, copy,  retransmit, disseminate, or otherwise use the
information.       Thank you.
 - PG-BPA-126.doc
 - PG-BPA-127.doc
 - PB-BPA-128.doc
 - PG-BPA-129.doc
 - PG-BPA-130.doc
 - PG-BPA-131.doc


This looks good to me.

Jeff

 -----Original Message-----
From: 	Deming, Richard
Sent:	Monday, November 05, 2001 12:30 PM
To:	Hodge, Jeffrey T.; Mims, Patrice L.
Subject:	CSN

Jeff / Patrice

As per our conversations, here is the new confirm.  Please reply back to let me know it is ok to go out.

 << File: Export.doc >>

Thanks
Richard
x54886


yep, intercontinental baby.  sounds like a plan.

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Tuesday, November 20, 2001 1:49 PM
To:	Slone, Jeanie
Subject:	flight

if you are on continental, are you flying into IAH?  Maybe that is what I should do and we could take one cab.  what do you think?


For those of you who didn't have the patience/patriotism to listen to your
president for the whole hour and a half last night, let me share a
highlight:  Clinton announced a new $1 billion program for economic
development on the reservations.  Langley may be onto something.  If he/we
can get the first deal done in New Mexico and assuming Gore wins, there may
be opportunities to replicate the deal elsewhere.  I'm thinking of tribal
lands in Minnesota, Wisconsin, S. Dakota, etc.  Perhaps Bill should call
Chairman Ken and talk to him about changing sides.  Notice that I'm not
volunteering to make that phone call. DF


I wanted to let everyone know that we changed the wedding date from
September 8, 2001 to September 22, 2001. Please also send me your current
addresses. I hope all is well and see you soon. Thanks and regards to all.
Al