---------------------- Forwarded by Mark Guzman/PDX/ECT on 12/12/2000 12:06
PM ---------------------------

Carla Hoffman
12/12/2000 06:28 AM
To: Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Jeff
Richter/HOU/ECT@ECT, Phillip Platter/HOU/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT,
Diana Scholtes/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Matt
Motley/PDX/ECT@ECT, Mark Guzman/PDX/ECT@ECT, Tom Alonso/PDX/ECT@ECT, Mark
Fischer/PDX/ECT@ECT, Monica Lande/PDX/ECT@ECT
cc:
Subject: DJ Bonneville: Elec Emergency Putting Water System At Risk; DJ T
ransalta Stops Pwr Sales To Cal-ISO; Questions Credit

---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/12/2000 06:37
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     12/12/2000 06:23 AM

To: undisclosed-recipients:;
cc:
Subject: DJ Bonneville: Elec Emergency Putting Water System At Risk; DJ T
ransalta Stops Pwr Sales To Cal-ISO; Questions Credit

13:16 GMT 12 December 2000 DJ Bonneville: Elec Emergency Putting Water
System At Risk
(This article was originally published Monday)

   By Mark Golden
   Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--The Bonneville Power Administration - which manages
the federal hydroelectric generating system in the northwest U.S. - may not
have sufficient water to meet its power and fish obligations this winter and
spring, a spokesman said Monday.
"The way it's shaping up now, we are very concerned. We've had one of the
driest Novembers on record, and a very dry December," said Bonneville
spokesman Mike Hansen.
"Given the situation in California and that we are currently having to run
the system outside of the guidelines established by biological opinion (for
fish in the river), we have some concerns for later on this winter for power
and for fish flows this April," Hansen said.
Due to the strains on the system, Bonneville has told the California
Independent System Operator and northwest utilities that Bonneville can
supply extra electricity only in emergencies where rolling blackouts are
otherwise imminent. Thursday, Bonneville rushed to California's rescue only
after the ISO declared its first-ever Stage 3 emergency, and blackouts were
avoided.
Water in the federal system's main storage reservoir, Coulee dam, is at
1,272 feet. The maximum capacity of the reservoir is 1,290 feet, and the
project is incapable of generating electricity when the water level falls to
1,208 feet.
Even though the current storage level is much closer to full than empty, the
normal operations target something close to a full reservoir by the end of
December. Grand Coulee storage has fallen 14 feet since Nov. 1, during a
time when it is normally rising.
What's more, every gallon of water that rushes through the system's turbines
generates a lot more electricity when it falls from higher elevations than
from lower ones, so Grand Coulee is losing efficiency as it drafts down.
"Drafting at Grand Coulee and Libby dams doesn't mean we won't be able to
meet our obligations for fish flow. But it presents a riskier operation.
Everytime you draw them down, and combine them with cold weather, the
probability of meeting those flow requirements drops," Hansen said.
Normally, Bonneville is able to buy excess electricity from California
utilities during the fall. However, California's economic boom has raised
electricity demand there so much that the state has become a perpetual
importer.
Water levels in Grand Coulee and the smaller federal dams are normally
drafted down from January to April to generate power and make room for the
coming spring snow melt.
"We have certainly been drafting more than we had planned for at this
point," Hansen said.
If temperatures fall so low that regional utilities cannot meet their
customers demand for electric heating, Bonneville will step in to avoid
blackouts. But each time that happens in the early part of the heating
season, it raises the possibility that Bonneville will be unable to help in
February or March.
Bonneville manages its system to achieve many goals: avoiding floods, trying
to improve fish populations, recreation and power, which has the lowest
priority except in an electric supply emergency. The hydropower operator is
pretty much always concerned about meeting those various and often contrary
obligations.
On a five-alarm scale, "We run at about two-and-a-half alarm averaged over
the year. If it gets to be as cold as the weather forecast says, we'll be in
a four- and-a-half or five real quick," Berry said
Bonneville is losing out financially by selling electricity to utilities and
the California. Under its federal tariff, it cannot ask for more than $68 a
megawatt-hour from the ISO, for example, though the ISO usually offers
$250/MWh.
But wholesale market prices skyrocketed to $3,000/MWh Friday in the
Northwest, and they have been running above $250/MWh for more than a week.
Bonneville may find itself buying power in March at extremely high market
levels in a couple of months - because it is being forced to rescue
California so frequently now.
The difference could mean a hundreds-of-million-dollar federal subsidy for
California, even though Bonneville's priority obligation is to Northwest
utilities according to its federal charter.
As a result, Bonneville has also provided the ISO with electricity under
exchange deals, whereby the ISO will supply Bonneville with megawatts at
some later time. Those deals could make the ISO's already strained financial
situation worse if power market prices continue to rise through the winter.
By Mark Golden, Dow Jones Newswires; 201-938-4604; mark.golden@dowjones.com
   (END) Dow Jones Newswires  12-12-00
1316GMT Copyright (c) 2000, Dow Jones & Company Inc
13:15 GMT 12 December 2000 DJ Transalta Stops Pwr Sales To Cal-ISO;
Questions Credit
(This article was originally published Monday)
LOS ANGELES (Dow Jones)--Transalta, an investor-owned utility based in
Alberta, Canada, stopped selling power to the California Independent System
Operator at 6 p.m. PST Monday (0200 GMT Tuesday) because it fears the grid
operator won't be able to pay, market sources told Dow Jones Newswires.
For about eight hours Monday, Transalta sold the ISO 400 megawatts of power
from its Centralia generating station in western Washington state at $1,000
a megawatt-hour, the source said. The 1,000 MW will cost the ISO about $3.2
million.
The cost of producing electricity at the 650-MW Centralia plant is about
$14-$15/MWh, company officials said.
Because the ISO, which manages electricity reliability in the state, was
buying a large quantity of power in the spot market, Transalta questioned
the ISO's credit-worthiness.
A Transalta spokesperson wasn't immediately available for comment Monday.
Transalta could resume sales to the ISO at a later date. Representatives
from the ISO wouldn't comment.
To illustrate just how dire the supply situation in California is, other
power suppliers, including British Columbia Hydro & Power Authority (X.BCH)
subsidiary PowerEx, have requested that the ISO secure a letter of credit
from one of the state's three investor-owned utilities before any
transactions take place. Last week, Edison International (EIX) unit Southern
California Edison did just that, issuing a letter of credit to PowerEx for
$23 million.
Steve Maviglio, press secretary to California Gov. Gray Davis, confirmed
with Dow Jones Newswires that he received a telephone call from Transalta
saying the company planned to stop selling power to the grid operator Monday
evening.
The ISO has since called a stage-two power emergency and requested that
Pacific Gas & Electric Co. interrupt about 400 MW of power to large
industrial customers who get reduced rates in exchange for having their
power cut during peak demand periods.
-By Jason Leopold and Mark Golden, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com
(END) Dow Jones Newswires 12-12-00
1315GMT Copyright (c) 2000, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.


I'd do it as soon as possible.  Your call on exactly when.

Regards

Richard

Vince J Kaminski
27/07/2000 17:11
To: Richard Lewis/LON/ECT@ECT
cc: John Sherriff/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT, Dale
Surbey/LON/ECT@ECT

Subject: Re: London Research Group

Richard,

Please, let me know what the timetable is. I would like to talk to Anjam a
few days before
to break the news to him. I hope I can save him for the company and offer him
a position in Houston.
We desperately need skills he has.

Vince

Richard Lewis
07/27/2000 02:20 AM
To: Dale Surbey/LON/ECT@ECT
cc: John Sherriff/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT
Subject: Re: London Research Group

I agree with Dale - no point in delaying.

Dale Surbey
27/07/2000 08:13
To: John Sherriff/LON/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Richard Lewis/LON/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT

Subject: Re: London Research Group

John,

I propose accelerating Steve's move to head the Research group here.  It
makes sense to include this as part of the mid-year PRC process by giving him
a tangible reward along with his performance feedback.

Thoughts?

- Dale

John Sherriff
27/07/2000 06:44
To: Vince J Kaminski/HOU/ECT@ECT
cc: Dale Surbey/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Richard
Lewis/LON/ECT@ECT, Grant Masson/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Joe
Gold/LON/ECT@ECT

Subject: Re: London Research Group

Vince - I agree with your conclusion here.  We are still trying to fill
Dale's structuring role as well so part of the question is
how we announce Steve's lead research role relative to when we know who will
take Dale's spot.  Perhaps we should just
move forward with the Steve announcement the day that Dale moves full time to
EBS.  I will ask Richard Lewis to take the lead
in working with you on finalizing the decision and communcicating the changes
to the organization.

But I do want to reinforce how pleased we are to have Steve here.  He is a
wonderfull asset to our efforts.

Thanks!

John

Vince J Kaminski
26/07/2000 22:18
To: John Sherriff/LON/ECT@ECT
cc: Dale Surbey/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Richard
Lewis/LON/ECT@ECT, Grant Masson/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT

Subject: London Research Group

John,

I am writing to you regarding the management of the London Research group.

As you know, Dale Surbey, who was managing the London unit of the Research
Group,
is moving to EBS. Dale did a terrific job helping me to develop the pool of
talent we have currently
in London.
Given that Dale is likely to be transfered to Houston,  it's time
to nominate one member of the Research Group for a management position.

My recommendation is Steve Leppard. Steve emerged not only as the most
technically qualified member of the group  but also as a natural leader,
highly
respected by his peers and internal customers.  Steve has a very high energy
level
and is very efficient as a manager and as  coach of new talent.

His promotion is likely to cause Anjam's departure form Enron. I value
technical
skills of Anjam, but in spite of my loyalty to him, don't think he is the
same caliber
as Steve. However, I would not like to lose him and think about moving him to
Houston
for 2 years. I think that the opportunity to work in Houston, would be a
sufficient
incentive to keep him in Enron. By the way, his performance feedback has
greatly improved.

Please, let me know what you think.

Vince


FYI.  Thanks. Lynn

 -----Original Message-----
From: 	Wagoner, Michael
Sent:	Friday, October 05, 2001 1:32 PM
To:	Floyd, Jodie
Cc:	Blair, Lynn; Schoolcraft, Darrell
Subject:	FW: Meter 757980 - AGRA - Exol TBS #1

FYI
 -----Original Message-----
From: 	Lachapelle, Bobbie
Sent:	Friday, October 05, 2001 11:09 AM
To:	Richter, Alma
Cc:	Wagoner, Michael; Anderson, Gary E.
Subject:	FW: Meter 757980 - AGRA - Exol TBS #1

Alma- please make the appropriate meter station remarks for both Sept & Oct volume statements that the down time was confirmed by Tony Simpson in case Gas Logistics calls and says otherwise----.Our volumes look good for both months so far and we should not be changing anything.

Mike thanks for the info. We show a few hrs on the 4th starting @ 3 AM but the majority begins around noon
 -----Original Message-----
From: 	Wagoner, Michael
Sent:	Friday, October 05, 2001 10:39 AM
To:	Owatonna-Pipeline, Team
Cc:	Lachapelle, Bobbie; Floyd, Jodie; Thompson, Charlie; Craddock, Larry; Ratliff, Dale; Marshall, George
Subject:	RE: Meter 757980 - AGRA - Exol TBS #1

Just heard from Jim Westbrook and he confirmed that our meter is OK - the plant was down for expansion so the 0's are good.   Should start seeing some volumes with the gas day of the 4th.

Bill Anderson with U.S. Energy was convinced that they had been taking gas during this time.  Tony Simpson with Exol confirmed that they had not.

Will close the ticket.

tks - Mike W. - NNG Measurement Desk

 -----Original Message-----
From: 	Wagoner, Michael
Sent:	Friday, October 05, 2001 9:38 AM
To:	Owatonna-Pipeline, Team
Cc:	Ratliff, Dale; Lachapelle, Bobbie; Floyd, Jodie; Thompson, Charlie; Craddock, Larry; Marshall, George; Anderson, Gary E.
Subject:	Meter 757980 - AGRA - Exol TBS #1

Owatonna Team - Please pass to Jim Westbrook:

Looks like we lost the meter pulsar signal or module on the 25th - No measurement since.    Passed to Jim Westbrook - Owatonna Team.   Will need to get Sep. volumes to GMS for accounting close.

I passed to Bill Anderson with U.S. Energy.

:Jim - please let the NNG Measurement Desk know when you get the meter back up.

GMS - Bobbie - please pass to the GMS accounting rep for this station.

Tks - Mike W. - NNG Measurement Desk - 713-853-7742


Larry,

I'm checking your email so if you get this sind me an email back.


04:33 20Nov2001 RSF-Platt's: Enron sees cash drain, warns on survival

New York (Platts)--20Nov2001/533 am EST/1033 GMT Enron filed Q3 financials late Monday, revealing a huge cash drain, despite last week's $1.5-bil asset-backed infusion from merger partner Dynegy. Enron said its cash Friday had fallen to $1.2-bil, even with the Dynegy payment three days earlier, $550-mil drawn on a new bank line last week and $3-bil drawn on existing lines earlier this month to pay off $1.9-bil of commercial paper. Enron blamed operating costs, trade settlements and collateral deposits paid to trading partners. Enron said it expects $800-mil soon from asset sales and got another $440-mil bank line Monday. But it warned it might not be enough to keep its investment-grade credit rating or restructure debt coming due. That could have a "material adverse impact on Enron's ability to continue as a going concern," it warned.

For Related News, Double Click on one of these codes:
[nPL2779110] [CRU] [ENE.N] [US] [PGF] [MRG] [ELG] [NGS] [PLTN] [LEN] [CRU] [ENE] [US]
 Tuesday, 20 November 2001 04:33:58
RSF [Historical News] {C}
ENDS

Willis Philip
Enron Wholesale Services
East Power Trading
(713) 853-0961


Vince:

I may have neglected to send you the attached last week. Enron is one of a
handful of institutions which could facilitate an entire transaction of the
kind described here. This is simply your old production payment concept
applied to corporate finance.

Best,

 - pressrelease.pdf
 - monetization.pdf


Shirley

FYI

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/17/2000
08:49 AM ---------------------------

Mark Confer
02/16/2000 08:07 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Follow-up

Thanks and I will see you Friday morning at 7:30 your office.

Vince J Kaminski
02/15/2000 05:32 PM
To: Mark Confer/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT
Subject: Re: Follow-up

Mark,

Thanks for the message. As a matter of fact I would like to discuss the
allocations with you.
Is Friday morning OK with you? I  need 2 more days to finish my homework.

Vince

Mark Confer
02/15/2000 02:42 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Paula Harris/HOU/ECT@ECT
Subject: Follow-up

Vince as a follow-up to our meeting on January 24th regarding allocations of
Research cost to ENA, were you able to give any more thought to how I should
allocate the cost to the ENA commercial teams?  I have a meeting with Weather
coming up and one of the questions they have deals with your group.

I know you are extremely busy and if I can be of any help please let me know.

Thanks


Do you know what this is?   ISO makes me think power.  Any clues?  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 03/31/2000 11:12 AM
---------------------------

Terrie Wheeler@ENRON
03/30/2000 12:00 PM
To: Ted Murphy/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT
cc: Andrew Cornfield/LON/ECT@ECT, Donna Lowry/HOU/ECT@ECT
Subject: ISO 9000

Ted or Sally -

Is this something you can answer for Andrew?  Donna I've cc you on this
message since this might be compliance related too.

Terrie

---------------------- Forwarded by Terrie Wheeler/GPGFIN/Enron on 03/30/2000
11:55 AM ---------------------------
From: Andrew Cornfield@ECT on 03/29/2000 11:12 AM
To: Terrie Wheeler/GPGFIN/Enron@ENRON
cc:

Subject: ISO 9000

Terrie

I've been asked by one of traders whether we are ISO 9000 certified.

From what I can ascertain we have not been certified in Europe. Are you able
you provide any further on this for Europe and Enron Corp?

Thanks
Andy
Ext 37272

I'm in Helsinki  this week so time difference is 9 hours.


Confirmed Charlotte will pick Michael up tomorrow and I will pick him up
today.
Do you want me to confirm with Sharon for tomorrow or will you?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, May 15, 2001 8:45 AM
To: nmann@erac.com
Subject: Re: Michael

Can we swap days with Charlotte and go tomorrow? We need her to pick up
Michael if we are going to go together.

ckm

"Neil Mann" <nmann@erac.com> on 05/15/2001 08:18:49 AM

Please respond to <nmann@erac.com>

To:   "C. Kay Mann \(E-mail\)" <Kay.Mann@Enron.com>
cc:

Subject:  Michael

Sharon's phone number is 713-780-4459. She offered the following times to
meet:

Wed 5/16 @ 5pm
Thurs 5/17 @ 9:30am
Wed 5/23 @ 10am

Her e-mail is rseals@pdq.com


BUSINESS HIGHLIGHTS

Weather Risk Management
Next week, Jeff Shankman and Mark Tawney will be attending the Weather Risk
Management Association (WRMA) conference in Tokyo. There has been
a lot of interest in Japanese weather derivatives to-date.  Even though Japan
is geographically a relatively small country, due to elevation differences,
there are several different climates and within each of those areas, there,s
a significant amount of volatility in day-to-day and season-to-season
weather. By leveraging EnronOnline and our global portfolio approach, Enron
Global Markets will be the dominant weather market player in Japan, as we are
in
the US, Australia and Europe.

COMING SOON - New EWS Training Web Site
Ernie is retiring and there is a new tool to help you manage your
professional development. It,s called InvestInMe.enron.com and it is the key
to your future. In a
user-friendly format, you will find the current listing of internal programs,
access to a database of external programs, and registration for on-line
courses.
Watch for details in your email.  Launch date is Tuesday, March 6, 2001.

IN THE NEWS

Analyst Robert C. Ollech, vice president and portfolio manager at Ziegler
Investment Services Group, says Wall Street will like Enron even more as
demand for natural gas increases, volume continues to grow on its online
marketplace and as the company's broadband business starts making money.
Enron, which has beat analysts' estimates in five of the past seven quarters,
is not a cheap stock. But Ollech says its relatively young management team is
focused on maximizing systems and business lines it has spent five years
developing. Plus, the company is selling such assets as a power plant in
Oregon, moves Ollech says could boost its return on equity to 18% or higher
from the present 12%. "This is an innovative story that's finally getting
out," Ollech says. 02/25/2001  The Milwaukee Journal Sentinel.

WELCOME
New Hires
ENA ) Angelic Davis, Dipak Agarwalla, Sean Maki, Juliann Kemp, Bridget Fraser
EIM ) Louis Amo
Transfers
EGM ) Patrick Conner
EIM ) Douglas Seaworth
ENA ) Eric Feitler, Santiago Garcia, Philip Polsky, Lauren Schlesinger

NUGGETS & NOTES

&If you,re not trading EOL, you,re not trading.8 ) John L. Wilson, Vice
President/EGM

&Training(.all the cool kids are doing it!8 ) Tom Wilbeck/ENA

Congratulations to Michelle and David Vitrella, manager of trading/EGM.  They
are the proud parents of a baby girl born February 27 weighing
over 9 lbs.

NEWS FROM THE GLOBAL FLASH

International
World Watch
Compiled by David I. Oyama
Enron Seeks Deals for Japanese Assets
The Japanese unit of U.S. power producer and trader Enron is considering
asset swaps with Japanese power companies, in a deal that would make Enron
the first
foreign company to buy a Japanese power plant. An Enron Japan official said
it is talking to power companies and "owners of power generators in Japan
about
the possibility of asset exchanges," confirming a report in the Japanese
business daily Nihon Keizai Shimbun. The report also said Enron Japan may
enter deals
with Japanese companies for joint power-generation acquisitions abroad.
Japanese deregulation measures have opened the door to new foreign and
domestic
competitors in an industry dominated for years by 10 regional Japanese firms.
Enron Japan was established last May, two months after deregulation measures
were passed allowing nonutility companies to begin supplying power to large
commercial users such as shopping centers and office towers.
03/01/2001  The Wall Street Journal  (Copyright (c) 2001, Dow Jones &
Company, Inc.)

LEGAL STUFF
The information contained in this newsletter is confidential and proprietary
to Enron Corp. and its subsidiaries.  It is intended for internal use only and
should not be disclosed.


This e-mail is confidential and may well also be legally privileged. If you
have received it in error, you are on notice of its status.  Please notify us
immediately by reply e-mail and then delete this message from your system.
Please do not copy it or use it for any purposes, or disclose its contents to
any other person:  to do so could be a breach of confidence.  Thank you for
your co-operation.  Please contact our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email ITHelp@freshfields.com
if you need assistance.

We attach clean copies (blacklines will follow in a separate e-mail) of the
final forms of the following:

(a) Secretary's certificate for Salmon Energy LLC (naming members of ENA
board and attaching resolutions of ENA Board);
(b) GE Consent and Agreement;
(c) GE acknowledgement of receipt of funds;
(d) GE legal opinion;
(e) Salmon Promissory Note;
(f) Salmon Security Agreement.

We shall ask Paul Hastings to send to you the final forms of:

(i) the GE Guarantee;
(ii) the GE Letter of Credit;
(iii) the secretary's certificate for Salmon Energy LLC, (naming members of
Pegasus board and attaching resolutions of Pegasus Board).

The Salmon UCCs and continuation statements will follow this e-mail, as will
blacklines of the attached documents.

Kind regards
Isabel

 - NY003699692.DOC
 - NY003701084.DOC
 - NY003700033.DOC
 - NY003701281.DOC
 - NY003699615.DOC
 - NY003700898.DOC


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 10/16/2000
05:09 PM ---------------------------

	From:  David W Delainey                           10/16/2000 01:49 PM

Sent by: Kay Chapman
To: John J Lavorato/Corp/Enron@Enron, Julie A Gomez/HOU/ECT@ECT, Ed
McMichael/HOU/ECT@ECT, Chris Gaskill/Corp/Enron@Enron, Phillip K
Allen/HOU/ECT@ECT, Jean Mrha/NA/Enron@Enron, Fred Lagrasta/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Laura Luce/Corp/Enron@Enron, Hunter S
Shively/HOU/ECT@ECT, Frank W Vickers/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Thomas A Martin/HOU/ECT@ECT, Barry Tycholiz/CAL/ECT@ECT
cc: Kimberly Hillis/HOU/ECT@ect, Melissa Jones/NA/Enron@ENRON, Venita
Coleman/Corp/Enron@Enron, Geraldine Irvine/HOU/ECT@ECT, Amanda
Huble/NA/Enron@Enron, Ina Rangel/HOU/ECT@ECT, Crystal Blair/HOU/ECT@ECT, Lynn
Pikofsky/Corp/Enron@ENRON, Airam Arteaga/HOU/ECT@ECT, Mollie
Gustafson/PDX/ECT@ECT, Kimberly Brown/HOU/ECT@ECT, Laura
Harder/Corp/Enron@Enron, Angela McCulloch/CAL/ECT@ECT, David W
Delainey/HOU/ECT@ECT
Subject: Strategy Meeting

Dave would like to have a strategy meeting next Tuesday  October 17, 2000,
from 3:00-5:00 pm in room 30C1. No preparation is necessary and it's
important that each of you plan to attend.

If you cannot attend, please contact Dave directly.

Laura - please phone in 713-853-9631

Frank Vickers - - Video Conf.
Barry Tycholiz--  Video Conf.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
04:20 PM ---------------------------

"Les" <les@lacimagroup.com> on 10/11/2000 11:06:15 AM
To: "Julie" <julie@lacima.co.uk>, "VinceJKaminski"
<Vince.J.Kaminski@enron.com>
cc:
Subject: Re: EPRM article

Julie/Vince
?
I worked on both the last couple of nights and made quite  a few small
"improvements".
?
Vince - if the 2nd article (EPRM_02_mr.doc) is OK with you  then that is
ready.
?
The 3rd article needs fig 1 updating still will hopefully  do that this w/e.
?
Les.
?
 - eprm_02_03.ZIP


The report named: NG - Price P/L <http://trv.dev.corp.enron.com/linkFromExcel.asp?report_cd=10&report_name=NG+-+Price+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=06/01/2001>, published as of 06/01/2001 is now available for viewing on the website.


---------------------- Forwarded by Chris H Foster/HOU/ECT on 01/12/2001
12:08 PM ---------------------------

Dan J Hyvl
01/12/2001 12:13 PM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: City of Palo Alto, California

Chris,
 Kim Ward asked me to forward this draft of the proposed Enfolio contract to
you so that you could give it to her.  She said that she would send it to the
city for its review.  The draft contains certain blanks which the city's
counsel needs to provide.  Please call if you have any questions.


---------------------- Forwarded by Steven J Kean/NA/Enron on 07/11/2001 08:46 AM ---------------------------
From:	Richard B Sanders/Enron@enronXgate on 07/11/2001 08:25 AM

To:	Karen Denne/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Mark Palmer/ENRON@enronXgate, Jeff Dasovich/NA/Enron@Enron

cc:

Subject:	FW: Enron Complaint

 -----Original Message-----
From: 	"Cindy Frederick" <cfred@pkns.com>@ENRON [mailto:IMCEANOTES-+22Cindy+20Frederick+22+20+3Ccfred+40pkns+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, July 10, 2001 9:59 PM
To:	gfergus@brobeck.com; Sanders, Richard B.
Subject:	Enron Complaint

Final version of Enron Complaint.  Document is in Word Perfect 8.

The information contained in this e-mail message and any accompanying documents is subject to the attorney-client privilege and/or the attorney work product rule and is confidential business information intended only for the use of the individual or entity named above.  If the reader of this message is not the intended recipient or representative of the recipient, you are hereby notified that any dissemination of this communication is strictly prohibited.  If you have received this communication in error, please notify Kathryn A. Pugh at kpugh@pkns.com and immediately delete this message from your system.

 - 288950_1.WPD


Mark,

please have a look in the "Long Descriptions" worksheet in the file attached.
Descriptions are combined from different components defined on other pages
per trading desk. Product lines in blue colour font on yellow background have
been already reviewed twice, blue on white - once, black on white - haven't
been reviewed yet.

Please e-mail/call if you have any questions or would like to have a fax as
well.
Regards,
Elena


Daren---Just so you know...

Mike will be taking Cornshucker today from me, (I no longer have access to the deal tickets concerning this), he is doing both the hub business and oasis also, which should keep him pretty busy.   It looks like he has pretty much got it, but we will help him if he needs something.

--Mark


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
----- Forwarded by Sara Shackleton/HOU/ECT on 02/16/2001 02:07 PM -----

	John Suttle
	01/18/2001 05:05 PM

		 To: Jane McBride/AP/Enron@Enron
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: ISDA and Enron Corp. Guarantee

Jane -

Attached is a worksheet in response to a request from  Australia New Zealand
Bank for an ISDA and Enron Corp. guaranty covering FX trading.  The contact
is Michael Midden, whose e-mail is below.  I said we would e-mail the draft
documents to him for comments.

Please let me know if you have any questions.

John

---------------------- Forwarded by John Suttle/HOU/ECT on 01/19/2001 01:02
AM ---------------------------

"Midden, Michael" <mmidden@anz.com> on 01/18/2001 10:31:14 AM
To: "'john.suttle@enron.com'" <john.suttle@enron.com>
cc:
Subject: Enron Corp. Guarantee

John,

Australia New Zealand Bank has put in place FX limits for Enron North
America Inc.(on behalf of Enron Japan) of USD 2 million (R/13 months) and
the corresponding USD 27.5 million in settlement limits (R/3-day) (subject
the full guarantee of Enron Corporation). It would be greatly appreciated if
you could assist us in implementing a guarantee from Enron Corp. to support
these trading lines.

Regards,

Michael Midden


Seeing as how its 6:13 pm central time and I didn't know you sent the email
until I "manually" checked before packing up to go home, I'd say not.  How
about that Instant Messenger, though.  Just think, you'd be able to send me a
message and I instantly read it.  Almost better than email at Malcolm Pirnie.


No preference, but Brent has a Legal/Credit seminar scheduled on Wed., May 23.

	Carol St Clair@ECT
	04/05/2001 04:30 PM

		 To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Mary
Cook/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT, Robert
Bruce/NA/Enron@Enron, Anne C Koehler/HOU/ECT@ECT, Cheryl
Nelson/NA/Enron@Enron, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Susan Bailey/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Mark
Greenberg/NA/Enron@ENRON
		 cc:
		 Subject: Offsite

We would like to hold a 1/2 day offsite either on Wednesday, May 23 or
Thursday, May 24.  Please let me know what your preference would be.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


FYI-

John Viverito
Phone (713) 345-7814
Fax       (713) 646-3490
e-mail John.Viverito@enron.com
----- Forwarded by John Viverito/Corp/Enron on 01/17/2001 03:45 PM -----

	"Stockbridge, Edward T" <tstockbridge@velaw.com>
	01/17/2001 01:18 PM

		 To: "John Viverito (E-mail)" <John.Viverito@enron.com>, "Michael. A. Robison
(E-mail)" <Michael.A.Robison@enron.com>, "Doug Friedman (E-mail)"
<Douglas.S.Friedman@enron.com>
		 cc: "Alderden, Emily" <ealderden@velaw.com>
		 Subject: Revised EGM Linking Agreement

Here is the new EGM Linking Agreement.  I have also attached a redline to
show the differences between it and the last draft of the EOL linking
agreement.

I will send the revised Master Agreement in a separate email.

Please call when you have reviewed, and I will finalize and send to a
broader distribution.

Best Regards,

Ted

 The following files have been attached to this email by DeltaView...

EGM Linking Agreement.DOC  ( WORD97 )
Redline.rtf  ( Rich Text Format )
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 <<EGM Linking Agreement.DOC>>   <<Redline.rtf>>

 - EGM Linking Agreement.DOC
 - Redline.rtf


next week is good for me.  let 's just go get a drink after work or something.  who is your new roommate going to be? that sucks you have to waste a saturday moving.


Vince-

I have a simplified version of Brad's model in mind.

The "no arbitrage" condition equates trading margins across the country.
Costs of transmission rise with congestion on the network. Wellhead supply is
almost completely price- elastic, while burner-tip demand is almost
completely price inelastic. Storage is rationalized as a perpetual call
option.

The least time-variant parameters are the costs of injecting and withdrawing
gas from storage to the pipeline, followed by the costs of delivering gas
from the wellhead to the pipeline. The intermediate-variant parameters are
the capacity-dependent costs paid to the pipeline (above shrinkage) for
transmission. The most time-variant parameters are the trading margins and
the valuations of the storage option.

There are 8 parameters to be estimated at each major node of the betwork.
They are identifiable in either of two straightforward ways: using a short
time series of the last 3 days prices based on the assumed variability
mentioned above, or point-estimates ("calibrations") using only today's data
based on a node-based model of competition between pipelines where pipes with
the same region of origination, albeit markedly different terminus, price
versus capacity similarly, "competing" for outflows.

I will write this up for you in Scientific Word and present it to you at your
earliest convenience.

Clayton