Enron Transportation Services (ETS) is looking to expand the use of
structured products both from a physical and financial perspective. To
support these initiatives ETS needs a trading/risk management system.   The
attached Statement of Work overviews our current and proposed business
environments.  We have looked at the possibility of utilizing an internal
Enron trading/risk management system, but to date have not been able to find
a feasible alternative.  Portability, security, and functionality have been
the major hurdles.  After further discussions it was suggested a
communication be sent to each of you to see if you could shed further light
on this subject, with the potential of using a preexisting Enron system.

If we are unable to find an internal system we will look to purchase the
Caminus package.  As a trading/risk management system is seen as a critical
step in meeting future revenue targets we will be making a final decision on
a trading/risk management system for ETS in the next two weeks.

If you have any comments of suggestions please forward them to Lee Ferrell
(x35197).

Thank you.


Attached are the first pictures from my new digital camera.  I am sure you
have little to no interest in them, but I have to send them out to justify
buying the thing.

 <<prague1.zip>>
These were taken in Prague.  I highly recommend visiting the city if you get
a chance.

I am leaving for Lisbon tonight, so with any luck, I should be able to send
out more pictures next week (I know you can't wait).

 Keep in touch.

Later

Jim

 - prague1.zip


--------- Inline attachment follows ---------

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=LBLAIR>
To: <shelly.corman@enron.com> <??S<shelly.corman@enron.com>>
CC: "Blair, Lynn" <Lynn.Blair@ENRON.com> <??S"Blair, Lynn" <Lynn.Blair@ENRON.com>>
Date: Sunday, October 21, 2001 12:46:45 GMT
Subject:

Shelly, Just wanted to update you on a few things.

1.  Steve and I have been asked to work with McGown and Steve Kirk on
the SLA settlement.  There is a meeting in Omaha we are attending on
Wed. With Mary Kay and Dave.

2.  There is a marketing issue in relation to NNG procedures on
monitoring stranger's gas.  There is a meeting Thursday morning with
Dave and Mary Kay. After that mtg Dari, Mary and I are going to review
procedures for any changes.

3.  I will conference in for Thursday's Customer Service mtg.
I hate not being there but I think these other meetings are big enough
to have presence in Omaha

4.  The SoCal meeting was very beneficial. Only one possible variance
from what we had previously heard.  There is a possibility SoCal could
reduce capacity at ID2.  Pat and I talked abot TW concerns.  I will
review with marketing and the team when I get back.

I love my Blackberry, but still getting used to typing on it.  Anxious
to hear how the paging worked for you.

Hope your trip to Florida was good.  Also hope you can Make since of
This email.

Thanks Lynn

--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


----- Forwarded by Sue Nord/NA/Enron on 12/05/2000 09:42 AM -----

	James D Steffes
	12/04/2000 06:18 PM

		 To: Sue Nord/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Harry
Kingerski/NA/Enron@Enron
		 cc:
		 Subject: DSL Economics

FYI.  Information from EBS on DSL Economics.

At prices under $50/month (for DSL and ISP service), the article says that
payback is only 12 months [Don't follow this necessarily because $600 first
year Capex with only $600 of fees].

Clearly if you add on installation and potentially internal wiring fixes
(moving a phone jack to the TV set) this only makes it harder to work.

Also, interesting to note that Cable Modems are at least 10x faster than ADSL
(why not go that route)?

Jim

----- Forwarded by James D Steffes/NA/Enron on 12/04/2000 06:10 PM -----

	Rita Hartfield@ENRON COMMUNICATIONS
	12/04/2000 11:07 AM

		 To: James D Steffes/NA/Enron@Enron
		 cc: Anthony Mends/Enron Communications@Enron Communications
		 Subject: DSL Economics

Jim, attached is a summary of the ADSL market including the required capital
expenditures required per subscriber.

If you have any additional questions, please call me at ext. 35854.

Rita Hartfield
Phone:  713-853-5854
Cell:  713-304-5428
Fax:  713-646-8861
rita_hartfield@enron.net


Here are your contract#s for 2/00!!!!

fyi  SJersey volumes are estimates ONLY!!!

Thx
Joann

---------------------- Forwarded by Joann Collins/Corp/Enron on 01/29/2000
04:32 PM ---------------------------

	Enron North America Corp.

	From:  Joann Collins                           01/22/2000 01:08 PM

To: knovsek@columbiaenergygroup.com, kdestep@columbiaenergygroup.com,
hboyd@columbiaenergygroup.com, djones1@columbiaenergygroup.com,
mstiles@columbiaenergygroup.com, sgilles@columbiaenergygroup.com,
flombar@columbiaenergygroup.com, Chris Germany/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Robert
Allwein/HOU/ECT@ECT, Joan Veselack/Corp/Enron@ENRON
cc:

Subject: Feb 2000

As everyone already knows we(Enron) does not have a shared drive for the
Daily.est.  So if everyone could update the sheet with their own volumes and
email me back i will consolidate it to (1).  Thanks

Please have your est volumes by 5:00pm Jan 25 (Tuesday)


Zach McCarroll is currently not on the list to  go.
Wolfe and Mog are in fundys.
 -----Original Message-----
From: 	Grigsby, Mike
Sent:	Wednesday, January 16, 2002 1:39 PM
To:	Slone, Jeanie; Shively, Hunter S.
Subject:	west gas trading

It is my understanding that Zach McCarroll, Jason Wolfe, and Mog Heu are on the list for employment with UBS at this time.  Let me know if this is incorrect.

Mike Grigsby


Debra Perelingiere had prepared this contract.  Since it was done so recently, it may not have made it into the system yet. Thanks for your help.  I'll check Debra's files.

 -----Original Message-----
From: 	Elledge, Susan
Sent:	Thursday, December 27, 2001 10:19 AM
To:	Nemec, Gerald
Subject:	RE: Cutter Oil

I can't find anything for Kaztex with that date.  There are some Firm GTCs, but not with that date.  Keep looking?

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Thursday, December 27, 2001 10:04 AM
To:	Elledge, Susan
Subject:	RE: Cutter Oil

Thanks.  Could you also look for a Enfolio Master Firm with Kaztex Energy Management Inc. and ENA dated August 1, 2001.

 -----Original Message-----
From: 	Elledge, Susan
Sent:	Thursday, December 27, 2001 9:59 AM
To:	Nemec, Gerald
Subject:	Cutter Oil

Here you go!

 << File: Cutter Oil GPA.pdf >>
 << File: Cutter Oil Consent.pdf >>


Kay,

Our deal with Panda Energy involves 4 LM units.  I believe that this is the
total number of units in our current LV Co Gen project.  Ben is planning to
talk with Lee at GE.

I talked with Panda this morning.  They do not have a fixed close date.  They
are working off the assumption that closing will ocurr within 4-6 weeks of
signing the Letter Agreement.  I believe that this is doable.

Chris Booth will provide you with respective unit delivery dates.  He is
working with Matt Tezyk to determine the serial #'s (apparently GE has not
yet assigned serial #'s to the units).  What price are we assigning to the
LLC member interests in the Northwestern Letter Agreement?  Let's stay
consistent with that document.  The person who will be signing for Panda is
Gary Hubbard, Senior Vice President.

The purchase price is $16.45 MM per unit with a 10% development fee payable
to ENA upon execution of the Letter Agreement.  The balance of the purchase
price will escrowed by Panda upon approval of the Facility Agreement (similar
to Intergen structure) and payable to ENA at closing.  Is this the pricing
information that you need to establish the maximum liability amont?

Ben:  We need to talk re: the transformers.  We quoted Panda $950K per unit
for the two transformers.  It is not clear if the transformers will work for
Panda w.r.t. interconnect voltage and plant configuration.  If we are
re-loading with more LM's, do we need to keep the transformers for our use at
LV Co-Gen?

Kathleen:  I have a call into Bill Lamb at Panda regarding the CA's.  I will
let you know when I hear back from him.

Fred

Kay Mann@ENRON
02/26/2001 06:15 PM
To: Fred Mitro/HOU/ECT@ECT
cc: Ben Jacoby/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron, Kathleen
Carnahan/NA/Enron@Enron
Subject: Re: Panda Energy

Fred,

Dale Rasmussen has been handling the breakout contracts for the LV CoGen
project, and I think the form is in good shape. However, the breakout
contract is for all the LV Co Gen units, but that is easy enough to fix. Does
GE know this is coming?

What are you projecting for a closing date?

 We need the unit numbers (original and serial), associated delivery dates,
price attributable to the units (maximum liability amount), price to sell the
LLC member interests, and the contact persons from Panda for the contract.
Will there be a development fee, and if so, how much?

If you get me the particulars of the deal we can work on it in house.  We
have the forms, so we can get cracking without outside counsel.  In fact,
I've been working on the form letter agreement today in connection with the
other deal.  Retaining outside counsel requires internal approval, which I'm
sure we can get in the next day or two, assuming no conflict of interest. I
can get started on the process if you are ready.

If you think these guys are serious, we can set up the LLC's.  We may want
two LLC's if the total price is in excess of $50mm.  Kathleen, please talk to
me before we do this as I think we should discuss the slate of officers.

Kay

Fred Mitro@ECT
02/26/2001 05:56 PM
To: Stephen Thome/HOU/ECT@ECT
cc: Ben Jacoby/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Kay
Mann/Corp/Enron@Enron, Chris Booth/NA/Enron@Enron, Kathleen
Carnahan/NA/Enron@Enron

Subject: Panda Energy

Steve:

I talked with Ben this afternoon and understand that we are ready to proceed
with Panda Energy in a transaction involving the sale of member interests in
special purpose entities associated with the four(4) LV units.  I have left a
message with Panda letting them know that we are prepared to proceed and will
begin preparing a set of draft definitive agreements for their review.  I
have asked Panda to confirm that they are ready to receive these documents
and proceed.  I understand that you are in Houston.  Please call/see me
tomorrow morning so that we can discuss this transaction.

Kay:  We need to prepare a draft set of definitive agreements for this
transaction.  Can Carolyn complete this while you are in New York?  Also,
what is the status of the LM Breakout contract for the 4 LV units.  Let me
know.

Kathleen:  We need to confirm tomorrow morning that we have received executed
CA's from Panda.  I have the CA execution originals for the four Panda
entities at my desk for Ben's signature.  These need to be received prior to
sending Panda the definitive agreements.  We will fax signature pages to Ben
tomorrow.

Chris:  See me tomorrow morning to discuss the technical spec's that were
sent to Panda

I will be at my desk by 8 am tomorrow morning.

Thanks,
Fred
x35406


Please find attached Credit's EOL responses for 3/17/00.

Regards,
Molly


As promised but late.  Any comments please send them to myself and David.
Regards,
Jim


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

Dear Market Participants

A new menu option is now available on the Bidding and
Scheduling page.  The 'Daily Transaction Summary' report
will provide customers with centralized information on
transaction bids they are associated with.  This is a
continued effort to provide information flow to customers.

If you have any questions please call
Customer Relations at 518-356-6060.


As you are aware, Enron utilizes temporary staffing services to satisfy
staffing requirements throughout the company.  For the past several months, a
project team, representing Enron,s temporary staffing users, have researched
and evaluated alternative Managed Services programs to determine which source
would best meet our current and future needs in terms of quality, performance
and cost containment objectives.  The Business Unit Implementation Project
Team members are:

Laurie Koenig, Operations Management, EES
Carolyn Vigne, Administration, EE&CC
Linda Martin, Accounting & Accounts Payable, Corporate
Beverly Stephens, Administration, ENA
Norma Hasenjager, Human Resources, ET&S
Peggy McCurley, Administration, Networks
Jane Ellen Weaver, Enron Broadband Services
Paulette Obrecht, Legal, Corporate
George Weber, GSS

In addition, Eric Merten (EBS), Kathy Cook (EE&CC), Carolyn Gilley (ENA),
Larry Dallman (Corp/AP), and Diane Eckels (GSS) were active members of the
Selection Project Team.

As a result of the team,s efforts, we are pleased to announce the beginning
of a strategic alliance with CORESTAFF,s Managed Services Group.  This group
will function as a vendor-neutral management entity overseeing all staffing
vendors in the program scope. They will also provide a web based online
technology tool that will enhance the ordering and reporting capabilities.
The goal of our alliance with CORESTAFF is to make obtaining a temporary
worker with the right skills and experience easier while protecting the best
interests of the organization.

We plan to implement Phase I of this improvement effective January 2, 2001.
This Phase I of the implementation will encompass administrative/clerical
temporary workers at the Houston locations only. If you currently have
administrative/clerical temporary workers in your department, the enhancement
will not affect their position. In an effort to preserve relationships, all
current staffing vendors will be invited to participate in this enhanced
program.  CORESTAFF shares our commitment to minimize any disruptions in
service during this transition.

We expect to incorporate the administrative/clerical workers in Omaha,
Seattle and Portland in Phase II, which is scheduled for February, 2001.  The
scope and timing of any additional phases will be determined after these two
phases have been completed.

Realizing the impact that the temporary workforce has in business today, we
selected CORESTAFF,s Managed Services Group based on their exceptional
management team, commitment to quality service, and creative solutions to our
staffing needs.  The relationship promises to offer Enron a cost effective
and simple means for obtaining temporary employees.

In the coming weeks, Enron and CORESTAFF,s Managed Services Group will be
communicating to Enron,s administrative/clerical temporary staffing vendors
about the new process.

There are many benefits to this new Managed Services program, which are
outlined on the attached page.  More details on how to utilize CORESTAFF,s
Managed Services program will be announced soon and meetings will be
scheduled to demonstrate the reporting system and to meet the Managed
Services team.

What is Managed Services?

CORESTAFF,s Managed Services program includes:

? Vendor-neutral management model
? Equal distribution of staffing orders to all staffing partners
? Web-based application with online ordering, data capture and customized
reporting
? Benchmarking and performance measurement for continuous improvement
? Methodologies for accurate skill-matching and fulfillment efficiencies

Key Benefits

? More vendors working on each order from the outset ) faster access to
available talent pools
? Standardized mark-ups and fees to manage costs more effectively
? Online access to requisition status for users
? Robust databases offering managers enhanced tracking and reporting of
temporary usage and expenditures
? Standard and customized reporting capabilities -- online
? Tenured, experienced Managed Services team on-site to assist users in
accessing web site, identifying usage trends, preparing specialized reports,
etc.

Corestaff/Managed Services/Staffing

Joseph Marsh ) Lead / Operations (josephm@corestaff.com; 713-438-1400)
Amy Binney, Sharon B. Sellers ) Operations
Cherri Carbonara ) Marketing / Communications
Cynthia Duhon )Staffing Partner management


Nothing was attached.

 -----Original Message-----
From: 	Mann, Kay
Sent:	Tuesday, November 27, 2001 1:11 PM
To:	Carnahan, Kathleen
Subject:	For Ben's signature

Hi Kathleen,

Would you mind printing this letter on letterhead for Ben to sign?  I'll be over in just a bit.

Thanks,

Kay


any new news regarding your possible move?

John J Shoobridge@ENRON
03/12/2001 07:05 AM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Re: Calls

Thanks Scottie for your feedback I was about to gove you a call but you made
it easier for me, I hate bugging people.
I also think Chris was very positive about me joining his team.

Thanks again and I truly hope I can make up there. Florencia is also excited
about us living a family experience in the US.

Thanks buddy.


Andy,

 Thanks. I shall forward  your message to
Prof. Ikenberry.

Vince

From: Andrew S Fastow/ENRON@enronXgate on 02/22/2001 01:45 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: RE: The National Forum on Corporate Finance

Vince:

I would be interested in participating.  Thanks.

Andy

 -----Original Message-----
From:  Kaminski, Vince
Sent: Monday, February 05, 2001 10:23 AM
To: Andrew S Fastow/HOU/ECT@ENRON
Cc: Kaminski, Vince
Subject: The National Forum on Corporate Finance

Andy,

I am sending you a draft oof a proposal regarding national forum for top
finance practitioners and
academics. The idea came from a professor at Rice University who
has already received a commitment from a number
of most distinguished CFOs.

Please, read the outline and see if you would be interested in joining this
forum.
I shall be glad to help to arrange  a meeting with Prof. Ikenberry.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/05/2001
10:22 AM ---------------------------

David Ikenberry <daveike@rice.edu> on 02/02/2001 06:10:02 PM
To: "vkamins@ennron.com" <vkamins@enron.com>
cc:
Subject:

It was great talking with you.

Dave
 - brochure.doc << File: brochure.doc >>

***********************************
Prof. David Ikenberry
Jones Graduate School of Management
Rice University
713-348-5385


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/05/2001
09:04 AM ---------------------------

Bryan Seyfried
03/30/2001 10:08 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Asset Swaps vs CDS's

---------------------- Forwarded by Bryan Seyfried/LON/ECT on 30/03/2001
17:12 ---------------------------

Martin McDermott
23/03/2001 18:47
To: John Sherriff/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT
cc:

Subject: Asset Swaps vs CDS's

John,

I haven't had much time to put something together on this issue.
Fundamentally both instruments represent the same credit risk, i.e. same
credit events and contingent payments, both represent senior unsecured credit
risk.  The differences in pricing therefore arise purely from supply and
demand.  One would expect generally that the asset swap would be lower than
the CDS because of liquidity:  there are only so many bonds out there, and so
demand for Asset swaps is limited.  I am attaching a one page note by JP
morgan where they claim that one of the principal reasons for the CDS to be
more expensive is people hedging convertible bonds by combining  (1) a call
option on the equity and (2) a CDS.  If the call is cheap they will be
willing to pay more for the CDS, driving the price up.  I'll try to
synthesize something more complete next week.

Cheers

Martin


Jeff -- since most of Teddy's comments were over my head yesterday, I could
use your help on that part of the discussion.

***
Transwestern held its Transport Options Workshop on August 31.   Commercial
and regulatory representatives of BP-Amoco, Burlington, Conoco, Coral,
Dynegy, Phillips and Reliant attended.  After a brief overview of the
proposed TW Options filing, we opened the floor for questions and comments.
Here is a summary of the comments.

Marketing affiliate concerns.  BP's regulatory representative expressed
concern that TW's marketing affiliates would be able to use options to game
the system.  For example, since TW and ENA are both Enron companies, if ENA
buys a call option it is essentially a free option.  ENA could buy a call out
of the money and we could buy it back from them, with the proceeds going to
Enron's bottom line.  BP suggested that TW's marketing affiliates be banned
from purchasing options, or that the marketing affiliate be required to
credit the call money to other shippers.  BP's concern is that TW's filing
will set a precedent for other pipelines to offer a similar service, so they
want TW's options program to be as restricted as possible.  Dynegy reiterated
its suggestion that the marketing affiliate be required to credit back the
difference between the option fee paid by the affiliate and the next highest
bidder's bid, if the affiliate's bid exceeds the next highest bid by a
certain percentage.

Our response was that while actual abuse of an options program by a marketing
affiliate would be a concern, we feel that TW is entitled to a presumption
that it has complied and will continue to comply with the rules on sale of
capacity to marketing affiliates.  At this point we are not inclined to
voluntarily include any limitations on the options program.  If BP and others
have issues regarding Commission marketing affiliate policy in general, those
issues should be addressed in a different proceeding that pertain to all
interstate pipelines.

Right of first refusal.  Burlington asked whether options would replace the
right of first refusal.  Our response was that ROFR will still be available
pursuant to the terms and conditions of our tariff.

Negotiated rate.  BP's representative claimed that options will constitute a
negotiated rate and that each deal will need to be filed as such.  We did not
respond to this or discuss it further.  However, TW's position at this point
is that since the option fee is part of the transportation rate, the deals
will only be negotiated rate deals if the total rate exceeds the maximum
rate.

Hoarding capacity.  Several customers expressed concern that the options
program would make it easier for a shipper to hoard capacity.  It was not
clear why they thought that options would create more opportunity for
hoarding than already exists.  Their perception was that options would simply
make hoarding cheaper and easier.  We acknowledged that the potential for
withholding capacity from the market is one reason for FERC's current policy
against reserving capacity for shippers.  Although we did not commit to
placing any limits on the quantity of capacity for which a shipper may
purchase an option, it is possible that FERC may require us to do so.

Our plan is to meet with PG&E and SoCalGas in California to elicit their
comments, and finalize the FERC filing by mid-September.


Please give me a call and we can discuss.  Shari is now definately moving to
power trading (not public yet) so we really need to figure out how we are
going to cover all the bases - short and long term.  I will be out the 14th
through the 17th and plan to be in S.A. the last week in March.  It would be
grea if we could both be there for the second seminar (looks like the more
pertinent to our issues) but I hate to think of Carol left all by herself
that much.  Let's see what we can figure out to make sure everything is
covered.

Sara Shackleton
03/01/2000 07:43 AM
To: Mark Taylor/HOU/ECT@ECT
cc: Kaye Ellis/HOU/ECT@ECT
Subject: Trip to Brazil

Mark:  I have been in touch with Sami Arap who is now Andrea Bertone's boss.
There are currently two seminars scheduled in Sao Paulo aimed for the
commercial group and the lawyers as follows:

1.  March 17 - Milbank Tweed  (Securitization)
2.  March 27 - Bracewell (legal issues for contracts)

I think I should attend these and was considering a trip to arrive before the
start and after the termination of the seminars (approx March 15 - March
28).  In the interim I could (hopefully) wrap up financial issues with
Tozzini and address at length physical issues with Tozzini.  Also, I can
speak with commercial groups and plan a "swap"seminar for the commercial and
legal groups (date TBD but probably after the legal seminar in San Antonio).
Please let me know if the timing works for our group in Houston and if you
have other thoughts.   Hope all is well.  Sara


Hi Sherri.

Thanks for your response on behalf of Jeff.  If Jeff can't make it, we will
settle for second-best.  How about Ken Lay?

Ronnie
----- Original Message -----
From: <Jeff.Skilling@enron.com>
To: "Ronnie Morgan" <RonnieM@morgangroup.com>
Cc: "Michael S. Morgan" <MichaelM@morgangroup.com>
Sent: Tuesday, May 15, 2001 9:29 AM
Subject: Re: San Diego Invite

>
> Dear Mr. Morgan,
>
> On behalf of Jeff Skilling, thank you very much for the invitation to
speak
> to the San Diego Chapter of YPO.  Jeff was very flattered and somewhat
> intrigued by your offer.  However, given the current demands on his time,
> he must respectfully decline your invitation.
>
> Please let me know if you have any interest in another senior-level
> representative of Enron speaking to your group, and I'll be happy to do
> what I can to facilitate that for you.
>
> Again, Mr. Morgan, thank you and the San Diego Chapter of YPO for the the
> opportunity.
>
> Regards,
> Sherri Sera
> Assistant to Jeff Skilling
> 713.853.5984
> 713.646.8381 (fax)
> sherri.sera@enron.com
>
>
>
>
> "Ronnie Morgan" <RonnieM@morgangroup.com> on 05/08/2001 02:33:06 PM
>
> To:   <jeff.skilling@enron.com>
> cc:   "Michael S. Morgan" <MichaelM@morgangroup.com>
>
> Subject:  San Diego Invite
>
>
> Hi Jeff.
>
> I am Mike's brother, Ronnie, living in San Diego and a member of the San
> Diego Chapter of YPO.  With all the propaganda being spread about the
> electricity and energy crisis we are experiencing here in California, I
> thought it would be worthwhile to invite you to town to give us an
> insider's view on what is really going on (aka, the "truth").  Is there
> anyway you can find time in your busy schedule to visit us over dinner
> with a short talk and a question and answer period.  The sooner the
> better.
>
> I will schedule a "special" meeting of our chapter to accommodate any
> dates that work for you.
>
> I look forward to hearing from you.
>
> Ronnie Morgan
> 760-476-0700
>
>
>
>


Paulo,

Can you please, help him with this?

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/15/2000
10:06 AM ---------------------------

	Enron North America Corp.

	From:  Mike Barry @ ENRON                           11/15/2000 07:55 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: REQUEST for historical curve information

Vince,

Per our conversation this morning, I would appreciate the following
historical curve information as soon as possible:

1.  On February 17,2000, what was the summer '00 strip for Vent to ML 7,
Demarc to ML 7, and Vent to Chicago

2.  On July 27, 2000, what was the August '00 strip for Vent to Chicago

3.  On May 9, 2000, what was the May '00 strip for Vent to Chicago

4.  On May 30, 2000, what was the June strip for Vent to Chicago

5.  On June 29, 2000, what was July Strip for Vent to Chicago

6.  On Sep. 29, 2000, what was the October strip for Vent to ML 7

Thank you in advance for your prompt attention to this matter.  Please call
me if you have any questions.  Thanks again!

Mike Barry
402/ 398 - 7105


I'm working on it.

 -----Original Message-----
From: 	Taylor, Diane
Sent:	Wednesday, December 19, 2001 2:55 PM
To:	Jones, Michael B
Cc:	Pullicino, Marcus; Cash, Michelle; Wheeler, Terrie; Callahan, Timothy; Treadwell, Robin L.; Nguyen, Janie
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

The wire was requested this morning.  We are not allowed to process same day wires as all wires must be approved by the Cash Management Committee which meets at 8 AM every morning.  I requested an exception due to your circumstances.  I was told this afternoon that Treasury will not process this wire since it does not have the Cash Management Committee approval.

I feel that my hands are tied at this point.  If any one has any other ways to get this through, let me know.

DT

 -----Original Message-----
From: 	Martinez, Vicky
Sent:	Wednesday, December 19, 2001 2:58 PM
To:	Taylor, Diane
Cc:	Jones, Michael B; Pullicino, Marcus; Cash, Michelle; Wheeler, Terrie; Callahan, Timothy; Novak, John; Longoria, Rebecca; Treadwell, Robin L.
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Diane,

I just spoke with Marcus Pullicino.  He did not find a wire transfer in the system for me, much less a wire transfer confirmation number.  Can you please let me know what's going on?

Thanks,

Vicky

From:	Diane Taylor/ENRON@enronXgate on 12/19/2001 01:07 PM CST
To:	Vicky Martinez/SA/Enron@Enron, Michael B Jones/ENRON@enronXgate, Marcus Pullicino/ENRON@enronXgate
cc:	Michelle Cash/Enron@EnronXGate, Terrie Wheeler/ENRON@enronXgate, Timothy Callahan/ENRON@enronXgate, John Novak/SA/Enron@Enron, Rebecca Longoria/ENRON@enronXgate, Robin L Treadwell/ENRON@enronXgate

Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Marcus - Can you please assist Vicki with this request?

Thanks,
Diane

 -----Original Message-----
From: 	Martinez, Vicky
Sent:	Wednesday, December 19, 2001 1:55 PM
To:	Jones, Michael B; Taylor, Diane
Cc:	Cash, Michelle; Wheeler, Terrie; Callahan, Timothy; Novak, John; Longoria, Rebecca; Treadwell, Robin L.
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Could you please forward to me the wire transfer confirmation number?   I don't show that the money has entered my account.

Thank you,

Vicky Martinez

From:	Michael B Jones/ENRON@enronXgate on 12/19/2001 10:22 AM CST
To:	Diane Taylor/ENRON@enronXgate, Michelle Cash/Enron@EnronXGate
cc:	Terrie Wheeler/ENRON@enronXgate, Timothy Callahan/ENRON@enronXgate, John Novak/SA/Enron@Enron, Rebecca Longoria/ENRON@enronXgate, Robin L Treadwell/ENRON@enronXgate (bcc: Vicky Martinez/SA/Enron)

Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Diane,

The bank confirmed the ABA number is 111900659.

Her Acct Number is 0367253523.

The name on her account is Vicky L. Martinez.

Let me know if you need anything else.

Mike

 -----Original Message-----
From: 	Jones, Michael B
Sent:	Wednesday, December 19, 2001 9:50 AM
To:	Taylor, Diane; Cash, Michelle
Cc:	Wheeler, Terrie; Callahan, Timothy; Novak, John; Longoria, Rebecca; Treadwell, Robin L.
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

I have Robin calling the bank to verify.  I'll let you know.

 -----Original Message-----
From: 	Taylor, Diane
Sent:	Wednesday, December 19, 2001 9:46 AM
To:	Jones, Michael B; Cash, Michelle
Cc:	Wheeler, Terrie; Callahan, Timothy; Novak, John; Longoria, Rebecca; 'janie.nguyen@enron.com'
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

If it is not verified in advance and there is a problem (often the wiring and the ACH instructions are different), we risk the wire not going through.  Just let us know if you want us to send it to her ACH account.

Diane

 -----Original Message-----
From: 	Jones, Michael B
Sent:	Wednesday, December 19, 2001 9:41 AM
To:	Taylor, Diane; Cash, Michelle
Cc:	Wheeler, Terrie; Callahan, Timothy; Novak, John; Longoria, Rebecca; 'janie.nguyen@enron.com'
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Diane,

We always use the info in SAP on checking accounts (per below).  Janie checks the info before wiring.

I can call Vicky to get her to verify, but that will delay the submission of the wire.

Mike

 << OLE Object: Picture (Device Independent Bitmap) >>

 -----Original Message-----
From: 	Taylor, Diane
Sent:	Wednesday, December 19, 2001 9:20 AM
To:	Cash, Michelle
Cc:	Wheeler, Terrie; Callahan, Timothy; Jones, Michael B; Novak, John; Longoria, Rebecca
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Tim/Mike - Can you get us the wiring instructions please.

Thanks,
Diane

 -----Original Message-----
From: 	Cash, Michelle
Sent:	Wednesday, December 19, 2001 9:08 AM
To:	Taylor, Diane
Cc:	Wheeler, Terrie; Callahan, Timothy; Jones, Michael B; Novak, John
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron

Yes, do a wire.  Her check to IRS will bounce if we don't handle it today.  Thanks.  Michelle

 -----Original Message-----
From: 	Taylor, Diane
Sent:	Wednesday, December 19, 2001 9:07 AM
To:	Cash, Michelle
Cc:	Wheeler, Terrie; Callahan, Timothy; Jones, Michael B
Subject:	RE: Income Tax Settlement Reimbursement Check from Enron
Importance:	High

Michelle,

This check was dated 12/3 and was for $28,228.  It is my understanding that the bank will reject any check in excess of $15,000.

If we replace this check, it will be rejected again since it is over $15,000.  Are we authorized to make these type of payments via a wire transfer, or would we still be in violation of the payroll order?  If we can not process it as a wire, can it be processed on the 12/31 semi-monthly paycheck?

Thanks,
Diane

 -----Original Message-----
From: 	Cash, Michelle
Sent:	Wednesday, December 19, 2001 8:54 AM
To:	Taylor, Diane
Subject:	FW: Income Tax Settlement Reimbursement Check from Enron

Can we do something asap!

 -----Original Message-----
From: 	Novak, John
Sent:	Wednesday, December 19, 2001 8:21 AM
To:	Cash, Michelle
Subject:	Income Tax Settlement Reimbursement Check from Enron

FYI, Enron didn't honor the check issued to Vicky!  Anything you can do to help sort this out would be appreciated.

Rgds,
	John
---------------------- Forwarded by John Novak/SA/Enron on 12/19/2001 11:19 AM ---------------------------

 << OLE Object: Picture (Device Independent Bitmap) >>
Vicky Martinez
12/19/2001 10:33 AM
To:	John Novak/SA/Enron@Enron, Robin L Treadwell/NA/Enron, Mike Jones/Enron@EUEnronXGate, Timothy Callahan/NA/Enron
cc:

Subject:	Income Tax Settlement Reimbursement Check from Enron

Robin Treadwell deposited a check from Enron relating to the tax settlement statement prepared by Price and sent to Enron demonstrating that Enron owes me US$28,228.00.  Robin deposited the check from Enron into my bank account last Thursday evening, December 13th.  On Friday, I mailed via FedEx my tax return with a check in the amount of $32,127.00.  The IRS received the check and my return on Monday, December 17.

Today I checked my account electronically and there was only $7,000 in the account.  I called Wells Fargo Bank because the amount did not balance with my records.  The Bank informed me that the Enron check is not credited in my account because the Enron check was not honored.  They don't show that the IRS has yet forwarded my tax check, but if it has not already been received and returned to the IRS IT WILL CERTAINLY HIT MY BANK TODAY.  Enron's bank notified my bank last night that the Enron check is being returned due to non-payment and that the maker of the check needs to be notified.  Enron's bank will not give further information as to the exact reason.

Please contact me immediately as to how Enron is planning to solve this problem.

Regards,

Vicky


Notice No. 01-63
February 20, 2001

MEMORANDUM

TO:
ALL NYMEX AND COMEX MEMBERS

FROM:
Neal L. Wolkoff, Executive Vice President

DATE:
February 20, 2001

RE:
Implementation of NYMEX Resolution Extending the Trading of Liquefied Propane
Gas Futures in the Platinum Ring and Extending Proprietary Trading of Propane
Futures by COMEX Members

The purpose of this Notice is to advise Members of an Exchange Resolution
(stated below) that continues the trading of Liquefied Propane Gas Futures in
the Platinum Ring and that continues to permit proprietary trading of such
Propane futures by COMEX Members. The Resolution becomes effective tomorrow.

If you have any questions, please contact Albert Getz; NYMEX Research Dept.,
at (212) 299-2608; or Suellen Galish, Vice President, NYMEX Legal Dept., at
(212) 299-2215.

 * * * *

RESOLUTION OF THE BOARD OF DIRECTORS OF THE NEW YORK MERCANTILE EXCHANGE,
INC. REGARDING THE TRADING OF LIQUIFIED PROPANE GAS FUTURES

RESOLVED that the trading of Liquefied Propane Gas Futures shall continue in
the Platinum Ring and that COMEX Members trading privileges that permit
proprietary trading of Liquefied Propane Gas Futures by open-outcry in the
Platinum Ring and on NYMEX ACCESSc shall continue until such time that these
trading privileges are revoked by the Board of Directors, and

IT IS FURTHER RESOLVED that these trading privileges are revocable at any
time by further act of the Board of Directors in its sole discretion.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-63)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Mercy x35082


In another surprise move, the PUC approved an Edison bailout today on a 5-0 vote.  This item was not on the Commission's agenda other than as a placeholder regarding "litigation."  We do not have copies of the agreement but we just talked to Edison's SVP of Regulatory Affairs and here's a summary:

The Commission will keep current rates in place through 2003
Any "overcollection" resulting from keeping current rates in place will go to paying off $3.3 B in Edison's past due accounts (the so-called "undercollection")
If Edison collects the $3.3B prior to 2003, then rates can change
If Edison has not collected the $3.3 B by the end of 2003, the PUC will create a dedicated rate component on all bills to collect the remainder.  Half the remainder will be collected in 2004 and the other half in 2005.
Any refunds received from litigation against suppliers will go to reducing the $3.3 B undercollection.
Edison can keep 10% of any refunds received after the $3.3B is paid off.
Edison cannot pay any dividends during the time that it is using rates to pay off the $3.3B.
Edison can apply to the PUC for approval to hedge gas price risk.
Edison will be protected from any increases in DWR contract costs (i.e., if DWR's costs go up, the PUC will raise rates rather than take it out of Edison's rates)
The PUC will not fine Edison during this period if Edison's capital structure varies from the PUC-approved capital structure
Edison must drop its lawsuits against the PUC regarding 1) the "filed rate doctrine" and 2) the so-called "TURN" accounting method, which effectively kept the rate freeze in place.
Edison agrees to "cooperate" with the Attorney General and the PUC in all litigation against suppliers.
The PUC decision could likely nullify the need for the "special" session that the Governor recently announced

We will report back with additional details as soon as we get them.

Best,
Jeff

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Tuesday, October 02, 2001 2:45 PM
To:	Kean, Steven J.; Belden, Tim; Sharp, Vicki; Blachman, Jeremy; Comnes, Alan; Tribolet, Michael; Walsh, Kristin; Delainey, David; Leff, Dan; Frazier, Lamar; Keeney, Kevin; Gahn, Scott; Swain, Steve; Lavorato, John; Kaufman, Paul; Steffes, James D.; Calger, Christopher F.; Mara, Susan; Black, Don; Richter, Jeff; Kitchen, Louise; Dietrich, Janet; Mara, Susan; Robertson, Linda; Kingerski, Harry; Denne, Karen; Palmer, Mark A. (PR); Shapiro, Richard; Curry, Wanda; Mellencamp, Lisa; Higgason, Kelly; Whalley, Greg; Mellencamp, Lisa
Subject:	California Update--10.02.01:  PUC Turns Down Davis' Proposed Rate Agreement with DWR

In what will likely be viewed as a fairly shocking event, the California PUC today voted down Davis' proposed rate agreement between DWR and the CPUC.
The vote was 4-1, with the two Republicans voting with Davis' hand-picked appointees Lynch and Wood.
Davis' proposal was introduced at the meeting by another Davis appointee--Geoff Brown--who made a lengthy speech about why California would experience economic and political destruction if the PUC did not approve Davis' proposed rate agreement.

What is Davis' proposed rate agreement between DWR and the CPUC?
It would remove all PUC authority to review any contracts between DWR with suppliers.
It would require the PUC to pass through to utility rates all DWR power contract costs, no questions asked.

What are the implications of the move by the PUC to reject Davis' proposal?
With the vote, it remains unclear how California/DWR will pay for the DWR power contracts.
The political pressure to re-negotiate--or break--the DWR power contracts is likely to intensify considerably.
It remains unclear how California/DWR will pay for the $12.5 B in bonds the Treasurer has unsuccessfully attempted to issue for past several months.
Under the structure devised by Davis, the revenues flowing from the CPUC/DWR rate agreement would be used to both 1) pay for the DWR power contracts and 2) service the bonds the Treasurer is trying to issue to repay California's General Fund for spot and other short term power purchased by DWR since January.
In short, there is no clear indication of how California will pay for DWR contracts or issue the bonds.
Safe to say that today's PUC vote has seriously embarrassed Davis, and left his approach to "solving" California electricity crisis in shambles.

What Next?
A broad left-right coalition of energy interests supported a bill (18XX) that passed the Legislature with broad bi-partisan support.
The bill would create a "dedicated rate component" on every customers bill to service the $12.5 B in bonds that the Treasurer wants to issue.
Proponents of the bill--and just about everyone else--argue that the "dedicated rate component" is a signficantly more efficient way to raise the debt California needs to plug the hole in its budget.
The bill is silent, however, on how California would pay for the DWR contracts, and the bill's opponents claim that the power suppliers will sue as a result.
All four PUC commissioners who voted against the Davis rate agreement today urged Davis to sign the bill.  The left-right coalition (from Nader types to oil companies) is also working hard to get Davis to sign it.
Davis has said that he will veto the bill on the advice of the Treasurer and bond counsel.
Given today's vote, however, Davis may have no alternative than to sign the bill if he wants to get the bonds issued and the state budget repaid.

Update on Edison Bailout
Still appears that chances are very small that Edison and Davis will succeed in getting the Legislature to vote for an Edison bailout when it returns for another "special" session next Tuesday.

If you have any questions, just let us know.

Best,
Jeff


A wild week in Iowa.  By the end of the day Tuesday, it became clear to all
parties that the bill would not be called for a vote.  The customers were
unwilling to give anymore on the enviroment issues and the democrats would
similarly not back off their positions.  Mid American then switched gears to
pull out all the stops on getting labor support in order to trump the enviro
supporters.  Mid American put forward a proposal to the unions/legislators
that they would commit to build 2 power plants in the state of Iowa (as
opposed to developing in Illinois) over the next 5 years that would employ
union labor. Mid American also had it's top management making many visits
this week---Greg Abel and I believe also David Sokol.  (No Warren Buffet
sightings yet!!!!)This offer created a flurry of activity on both sides, but
at the end of the day Thursday, the state IBEW group let it be known that
they would still not support the bill even with the Mid Am proposal.

Mid American believes that the Republicans now have a hook to force the
democrats into voting for the de reg bill, by saying that if they don't vote
affirmative, they are not for economic development in the rural/struggling
areas of the state where the power plants would be built.

WHile I may not share Mid American's positive assessment, the proponent's
group continues it's advocacy and will meet with legilsators in their
districts over the weekend. The senate leadership agreed to hold off
reconvening the committee until Monday afternoon in an effort to allow any
last minute maneuvering over the week end.
---------------------- Forwarded by Susan M Landwehr/HOU/EES on 04/14/2000
05:43 PM ---------------------------

Susan M Landwehr
04/10/2000 11:15 PM
To: Richard Shapiro/HOU/EES@EES, Harry Kingerski/HOU/EES@EES, Janine
Migden/DUB/EES@EES, Becky L Merola/DUB/EES@EES, Mark Harada/HOU/EES@EES,
Scott Stoness/HOU/EES@EES, Ajit Gill/HOU/EES@EES, Richard D
Rathvon/HOU/EES@EES, Barton Clark/HOU/ECT@ECT, John Moore/Corp/Enron@Enron,
Ben Jacoby/HOU/ECT@ECT, Stephen Plauche/Corp/Enron@Enron, Fred
Mitro/HOU/ECT@ECT, Janel Guerrero/Corp/Enron@Enron, Daniel Reck/HOU/ECT@ECT,
Christi L Nicolay/HOU/ECT@ECT, Lon Stanton/ET&S/Enron@Enron, Barbara A
Hueter/DUB/EES@EES, Roy Boston/HOU/EES@EES, Kerry Stroup/DUB/EES@EES,
dmangsk@enron.com, Thomas S Reichelderfer/DUB/EES@EES, Steven J
Kean/HOU/EES@EES, Elizabeth Linnell/HOU/EES@EES
cc:
Subject: Iowa de reg update

The latest from Des Moines.  The chair(republican) of the Senate committee
had a hearing this morning to consider all of the enviromental amendments put
forward by the Democrats and it was clear that no Dems would vote for the
eventual bill without their amendments, so the chair recessed the committee
without a vote.  The committee can be recalled at any time, but the general
sense is that it will not be brought back up without at least 2 democrat
votes guaranteed.  As is often the case in these debates, the proponents
continue to try many strategies, but all of us agree that without direct
intervention from Governor Vilsack, the democrats will not come around. As
stated in my earlier message, I am not optimistic about passage.  Tempers are
running very high and it is very possible that the utilities will try to cut
a deal at the last minute that will negatively impact the customers (likely
by rate impacts on envriomental/efficiency programs).  Please give me a call
#612-339-4599 if you want any added insight.

---------------------- Forwarded by Susan M Landwehr/HOU/EES on 04/10/2000
10:47 PM ---------------------------

Susan M Landwehr
04/05/2000 12:24 PM
To: Richard Shapiro/HOU/EES@EES, Harry Kingerski/HOU/EES@EES, Janine
Migden/DUB/EES@EES, Becky L Merola/DUB/EES@EES, Mark Harada/HOU/EES@EES,
Scott Stoness/HOU/EES@EES, Ajit Gill/HOU/EES@EES
cc: Richard D Rathvon/HOU/EES@EES, Barton Clark/HOU/ECT@ECT, John
Moore/Corp/Enron@Enron, Ben Jacoby/HOU/ECT@ECT, Stephen
Plauche/Corp/Enron@Enron, Fred Mitro/HOU/ECT@ECT, Janel Guerrero/HOU/EES@EES,
Daniel Reck/HOU/ECT@ECT, Christi L Nicolay/HOU/ECT@ECT, Lon
Stanton/ET&S/Enron@Enron, Barbara A Hueter/DUB/EES@EES, Roy
Boston/HOU/EES@EES, Kerry Stroup/DUB/EES@EES, dmangsk@enron.com, Thomas S
Reichelderfer/DUB/EES@EES
Subject: Iowa de reg update

The Iowa customer choice bill has run into some significant roadblacks the
last few days due to the political maneuvering of the Democrats.  As you will
recall, the House Republicans have always stated that they needed Democrat
votes in order to bring the matter to the floor for a vote.  Despite Governor
Vilsack's stated support for the measure last week as well as last weekend,
the House  Democrat leadership is unwilling to push their members, as they
want to use this bill against the Republicans in the House races this fall.
(The tactic they will take is that residential rates will rise in the
Southeastern part of the state due to the Republicans passing the bill).

The primary issue that the Dems are using as a reason not to vote for the
bill is that the enviromental protections/funds are not high enough.  The
Republicans are unhappy about the exhorbitant amount of funds and the RPS
that are already in the bill, and are not willing to vote for an amended bill
that the Dems are pushing for.  The enviros and the unions are, as they have
been for the last 6 months, the dividing force in this debate.

Therefore, the proponents coalition moved their efforts to the Senate, with
the hope of getting a vote out this week and then move it back over to the
HOuse.  While we had a good commitment from Senate leadership (both Dems and
Republicans) on Monday, that support has eroded as of this morning.  We are
trying a number of tactics, and hope that there will be some positive
movement today and tomorrow.  Without the Governor stepping up to the plate
and "encouraging" the democrats to gather the number of democrat votes
neccessary this week, I am not optimistic about passage.

There are still two-three weeks of session left, so this debate could rage
until then, but my sense is that if we don't get something out of the Senate
by the end of this week or early next week, we'll be dead.  Call if you have
any questions.
#612-339-4599


-----Original Message-----
From: Stelzer@aol.com [mailto:Stelzer@aol.com]
Sent: Friday, September 21, 2001 4:35 PM
To: Kean, Steven J.
Subject: Re: FW: Economists for the Management Conference

Freund is very good, but Siegel is more on top of things; his book is very
good. I am better than both and wouldn't have the nerve to charge you.
Irwin


Michelle, please put another packet together on Southern Trails for Mike McGowan.  Some of the pieces may have to be faxed/mailed if you don't have them electronically.

Mike,  please feel free to call either of us to walk you through the packet and if you need more detail we can send that to you also.

Thanks, Kim.

 -----Original Message-----
From: 	Harris, Steven
Sent:	Monday, September 17, 2001 3:35 PM
To:	McGowan, Mike W.
Cc:	Watson, Kimberly
Subject:	RE: Southern Trails

Yes, I will have Kim Watson forward that info to you as well.

 -----Original Message-----
From: 	McGowan, Mike W.
Sent:	Monday, September 17, 2001 3:34 PM
To:	Harris, Steven
Subject:	Southern Trails

Steve - at today's staff meeting, Danny McCarty asked to see the rate derivation of the Southern Trails pipeline with the conversion costs.

Could I get a copy as well?  I am working with Steve Dowd on evaluating the Questar pipeline and this is a big part of it.

Thanks.

Mike McGowan


Follow Olga as it brings swells to the Caribbean and the U.S. coast
with news updates, satellite and radar images, forecast maps,
and message board: http://www.GoPBI.com/storm?tag=e_1126

000
WTNT32 KNHC 270248
TCPAT2
BULLETIN
HURRICANE OLGA ADVISORY NUMBER	10
NATIONAL WEATHER SERVICE MIAMI FL
11 PM AST MON NOV 26 2001

...OLGA STRENGTHENS...

AT 11 PM AST...0300Z...THE CENTER OF HURRICANE OLGA WAS LOCATED NEAR
LATITUDE 32.4 NORTH...LONGITUDE 56.2 WEST OR ABOUT 495 MILES...795
KM...EAST OF BERMUDA.

OLGA IS MOVING TOWARD THE NORTH NEAR  8 MPH...13 KM/HR.  A
SLOW...ERRATIC MOTION IS EXPECTED DURING THE NEXT 24 HOURS.

SATELLITE IMAGES INDICATE THAT THE MAXIMUM SUSTAINED WINDS HAVE
INCREASED TO NEAR  85 MPH...140 KM/HR.	SOME ADDITIONAL
STRENGTHENING COULD OCCUR ON TUESDAY.

HURRICANE FORCE WINDS EXTEND OUTWARD UP TO  25 MILES... 35 KM...
FROM THE CENTER...AND TROPICAL STORM FORCE WINDS EXTEND OUTWARD UP
TO 345 MILES...555 KM.

ESTIMATED MINIMUM CENTRAL PRESSURE IS  975 MB...28.79 INCHES.

SHIP REPORTS INDICATE A VERY LARGE AREA OF SEAS OF 12 FEET OR
GREATER ASSOCIATED WITH OLGA.  SWELLS FROM THE HURRICANE ARE LIKELY
TO AFFECT BERMUDA...PORTIONS OF THE U. S. EAST COAST...THE
BAHAMAS...AND THE ISLANDS OF THE NORTHERN CARIBBEAN FROM HISPANIOLA
EASTWARD DURING THE NEXT COUPLE OF DAYS.

REPEATING THE 11 PM AST POSITION...32.4 N...  56.2 W.  MOVEMENT
TOWARD...NORTH NEAR 8 MPH.  MAXIMUM SUSTAINED WINDS...	85 MPH.
MINIMUM CENTRAL PRESSURE...  975 MB.

THE NEXT ADVISORY WILL BE ISSUED BY THE NATIONAL HURRICANE CENTER AT
5 AM AST...TUESDAY.

FORECASTER PASCH

Make GoPBI.com's Storm Warning Center your No. 1 resource for hurricane
and tropical storm updates: http://GoPBI.com/storm

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FYI.  so you have Brad's telephone number.  Thanks. Lynn
---------------------- Forwarded by Lynn Blair/ET&S/Enron on 05/30/2001 07:01 AM ---------------------------
From:	Ricki Winters/ENRON@enronXgate on 05/29/2001 08:07 AM
To:	Donna Scott/FGT/Enron@ENRON, Sheila Nacey/ET&S/Enron@ENRON, Rick Dietz/ET&S/Enron@ENRON, Steven January/ET&S/Enron@ENRON, Mike Bryant/OTS/Enron@ENRON, Lynn Blair/ET&S/Enron@ENRON, Brad Holmes/ENRON@enronXgate
cc:	Alma Carrillo/ET&S/Enron@ENRON, Ava Garcia/ET&S/Enron@Enron, Sharon Brown/ET&S/Enron@ENRON, Shelley Corman/ENRON@enronXgate, Pamela Daily/ENRON@enronXgate

Subject:	Brad Holmes Phone Number

Please, make note that the churn request below did not happen, therefore Brad will be unable to receive phonemail today.  Telecom was just here and informed me that it would take place tomorrow, May 30th.  However, they could not tell me if his phone mod would take place AM or PM.

His e-mail is working, so Alma could pass this information on to his group.

Thank you,
Ricki

 -----Original Message-----
From: 	Daily, Pamela
Sent:	Thursday, May 24, 2001 7:09 PM
To:	Salinardo, John; Martin, Judy
Cc:	Winters, Ricki
Subject:	Churn request #4017
Importance:	High

John, I am submitting this online churn request #4017 as a modification to Bill Cordes' Houston information instead of a new request for Brad Holmes because Brad does not yet have a badge number. He will be assuming an existing office (EB4197) and phone number (x3-3432), previously assigned to Bill Cordes for his use when traveling to Houston. Please let me know if you need me to revise it later. Thanks!


PG&E City Gate is the delivery point and lets start out with $.05.

 -----Original Message-----
From: 	Little, Kelli
Sent:	Thursday, September 06, 2001 4:56 PM
To:	Ward, Kim S (Houston)
Subject:	RE: Merced Irrigation District blend & extend

Also, what is the location for the original swap, and how much orig do you want on the extend piece?

Thanks!

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Thursday, September 06, 2001 4:45 PM
To:	Little, Kelli
Subject:	Merced Irrigation District blend & extend

Kelli,

I sold a swap to Merced for 2,040/d that goes through Feb 03 for $7.85.  Can we look at a blend & extend that starts Jan. 02 and we would extend our deal out to Dec. 05?

Let me know if you have any questions.

Thanks,

Kim


Duke is calling regarding the volumes we are delivering into Channel at the
Gulf Plains Plant.  Apparently, we are half of the volumes delivered at the
meter and Channel is pressuring the plant back.  Duke has asked if we will
take the additional gas which is "undeliverable",  I think we may need to
move our markets to another meter, ie. HPL/Agua.  Please advise.

Mary


The North American Communication Papers - Short Term Supply/Demand Forecast
for 4th QTR 2001
 is now available on Economics Online. www.pppc.org/econ/ in section SUPPLY
AND DEMAND FORECASTS (pdf) -  NA Communication Papers Forecast.

Should you have any questions concerning the content of this report, please
do not hesitate to contact Martine Hamel, Director Market Research at (514)
861-8850 or by e-mail at mhamel@pppc.org.

For questions or comments concerning Economics Online, please contact:

Doreen Olkowicz
Manager, Statistics and Online Services
T (514) 861-8851    F (514) 866-4863    E-mail  dolkowicz@pppc.org


Chuck,

Do we have a rescheduled date for the deposition of the plaintiff?  Given the
correspondence I've been receiving about rescheduling other depositions, we
probably should set forth a date in Nov/Dec and get a protective order from
the court stating that it cannot be rescheduled.  Otherwise, even if we do
"agree" on dates, there likely would be additional delays.  I am ready to
hear what this guy has to say about my client.

Let me know your thoughts.  Thanks.

Michelle


Hey Vince,

I e-mailed George to send you a resume.

Tom
Professor Tom Arnold
E.J. Ourso College of Business Administration
Department of Finance
2155 CEBA
Louisiana State University
Baton Rouge, LA 70803
O: 225-388-6369
F: 225-388-6366


Resending since you didn't get it earlier.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 10:07
AM ---------------------------

Kay Mann
12/11/2000 07:26 AM
To: david.onuscheck@us.abb.com
cc: ccobb@akllp.com, pthompson@akllp.com

Subject: Attached Files

Here's a good place to start.  I'm including a memo from Andrews & Kurth, our
outside counsel who drafted the form.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 07:24
AM ---------------------------

"Cobb, Chris" <chriscobb@akllp.com> on 11/15/2000 07:23:02 AM
To: <kay.mann@enron.com>
cc: "Thompson, Peter J." <peterthompson@akllp.com>

Subject: Attached Files

Attached please find the ABB Form Transformer Purchase Agreement with
our comments removed and placed in a memorandum, which is also attached.

 <<memo to Kay Mann re: drafting comments on ABB Agreement.DOC>>  <<ABB
Power T&D Company Form Transformer Purchase Agt..DOC>>
 -  drafting comments on ABB Agreement.DOC
 - ABB Power T&D Company Form Transformer Purchase Agt..DOC


---------------------- Forwarded by Chris Germany/HOU/ECT on 03/24/2000 07:52
AM ---------------------------

Chris Germany
03/24/2000 07:52 AM
To: jwhited@columbiaenergygroup.com @ ENRON
cc:
Subject: Re: Allied Signal Buyback - 90,000 - UPDATE

Right.  Price for 24th is $2.88 - .005= $2.875

jwhited@columbiaenergygroup.com on 03/24/2000 07:43:34 AM
To: " - *Chris.Germany@enron.com" <Chris.Germany@enron.com>
cc:
Subject: Re: Allied Signal Buyback - 90,000 - UPDATE

Just to verify, this is Gas Daily Columbia App Midpoint for 3/23/2000 -$0.005.
Correct.


Thanks

	From:  Jennifer Fraser                           10/04/2000 11:10 AM

To: John Arnold/HOU/ECT@ECT
cc:
Subject: RE: WEFA's Outlook for Natural Gas

---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 10/04/2000
11:08 AM ---------------------------

"Goyburu, Alfredo" <alfredo.goyburu@wefa.com> on 10/04/2000 10:52:58 AM
To:
cc:
Subject: RE: WEFA's Outlook for Natural Gas

Thank you for your interest in Ron Denhardt's comments on Natural Gas.

If you have any difficulty opening or using the file, please write to me or
give me a call.

Al Goyburu
Electric Power
WEFA Energy
610-490-2648

 <<NAPC--Oct 2000.ppt>>

 - NAPC--Oct 2000.ppt


Jason:

I received the A&K package the other day.  Thanks very much.  According to my
list, you still have the following files:

Dynegy Canada, Inc.*
SMUD**
Weather Services International
Wabash Valley Power Assoc.
Moore Global Investments, Ltd.
NYSE&G

*Please prepare an exit memo to the file
**Please call Brent Hendry to determine status

Subject to your conversation with Brent, please return the remaining files to
my attention.  Please call me if you have any questions.

Thanks.  Sara

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


ditto credit.

Leslie

 -----Original Message-----
From: 	Jones, Tana
Sent:	Wednesday, October 24, 2001 7:18 PM
To:	Aronowitz, Alan; Calo, Andrea; Cooper, Tracy J. (EBS); Gaffney, Chris; Hansen, Leslie; Hodge, Jeffrey T.; Johnston, Greg; Keohane, Peter; Korkmas, Deb; McBride, Jane; Minns, David; Nettelton, Marcus; Powell, Mark; Rossi, Robbi; Van Hooser, Steve; Viverito, John
Subject:	FW: EOL and Clickpaper Approvals for 10-24-01

 -----Original Message-----
From: 	Lebrocq, Wendi
Sent:	Wednesday, October 24, 2001 5:31 PM
To:	Bradford, William S.; Lees, Lisa; Fayett, Juana; Le, Trang; Maley, Paul; O'day, Karen; Rohauer, Tanya; Lombardi, Kelly; Lindsay, Brian; EOL Call Center; Hare, Bill D.; Heffernan, Amy; Lafuze, Molly; Clark, Danny; Panus, Stephanie; Mandola, Teresa; Ebow, Amber; Coleman, Tandra; Campbell, Lesli; Lebrocq, Wendi; Taylor, Mark E (Legal); Lauer, Kara; Banner, Kimberly; Mcquade, Jennifer; George, Fraisy; Guillory, Michael; Rajaram, Aparna; Monterrey, Maribel; Lebeau, Maria; Escamilla, Albert; Lebrocq, Wendi; Global Emerging Businesses; Lambert, Karen; Jones, Tana; Schott, Samuel; Brackett, Debbie R.; Clark, Cynthia; Enron Europe Global CounterParty,; Sever, Stephanie; Moran, Tom; Clark, Claudia; Curry, Ken
Subject:	EOL and Clickpaper Approvals for 10-24-01

Please see attached.

 << File: EOL 10-24-01.xls >>

Regards,

Wendi Lebrocq
3-3835


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i have a trade for you that will give you one more pick.  you give me your
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NOTE FROM THE EDITORS
The AmeriFlash Newsletter would like to keep you informed on global wholesale
news as well, so we have added business highlights from Enron's original
electronic newsletter, GlobalFlash, which was created by Enron Europe.

"What's on your Mind?"
If you have ideas or suggestions please forward them to Michelle Vitrella or
Kathie Grabstald.

FINAL DAY FOR THE PULSE

Today is the final day to provide feedback through the annual employee survey
-- The Pulse.  As of Thursday morning, 56.5% of the ENA/EGM/EIM employees
have taken part in the survey, which is an improvement from last year's
participation rate of 49%.  However, we are behind the company average and
most of the other business units.  Please take a few minutes today to provide
much needed and confidential comments regarding Enron and your work
environment.  The Pulse survey is located on the Enron intranet at
survey.enron.com.

If you like competition, here is how the ENA/EGM/EIM participation rate
stacks up against the other business units:

Enron Energy Services 96.88%
Enron Wind  89.96%
Enron India  89.47%
Net Works  77.78%
EE&CC   73.88%
NEPCO   64.37%
Enron South America 63.74%
Corporate Staff  63.52%
Company Average 61.10%
ENA/EGM/EIM  56.50%
Enron Broadband 55.89%
ETS (formerly GPG) 55.52%
Enron Europe  44.36%
APACHI  29.66%

Log on to survey.enron.com and make your opinions known.

BUSINESS HIGHLIGHTS

OIL PRODUCTS
Congratulations to the US Oil Products Trading Team!  On October 4, 2000 they
successfully completed a deal with a volume of 2,400,000 barrels with a
Notional Value of $80,640,000.  This is the highest Notional Value associated
with an EOL trade.

Kudos again for another great deal. They have done another large
crack-spread, this time for 100,000 barrels per month for calendar 2001. This
trade notionally values out at over $40 million and is the second largest
transaction conducted to date on EOL.

STEEL
Steel Trading and Origination teams, headed by Greg Hermans and Tim
Battaglia, respectively, have already defined a Hot-Rolled coil financial
product.  The contract has been drafted and is currently being discussed with
customers.

Financial Hot Rolled Steel will be posted on EnronOnline, allowing the steel
industry to hedge their price exposure for the first time in history. The
access to hedging products will help the steel industry manage technicalities
and smooth cash flow.  Over time, forward price curves with transparent
pricing should allow the steel industry to also benefit from improved access
to capital.

The next challenge will be to educate the steel industry about financial
swaps and derivatives as risk management tools.  The $300 billion steel
market should provide an excellent growth opportunity for Enron.

PRINCIPAL INVESTMENTS
FuelCell Energy, Inc. recently announced that it has entered into an alliance
with ENA.  FuelCell Energy and Enron will work together to develop and market
FuelCell Energy's Direct FuelCellc (DFCc) products.  In connection with the
alliance, Enron has invested $5 million in the common stock of FuelCell
Energy.  Additionally, FuelCell Energy will issue warrants enabling Enron to
purchase up to 1.3 million shares of FuelCell Energy common stock.

Fuel cell developer Dais-Analytic Corp. also announced an alliance with ENA.
As part of this alliance, Enron has made an equity investment in
Dais-Analytic and will support market development, distribution and other
field services for Dais-Analytic's fuel cell, humidity control and related
products.

ENA RESEARCH GROUP
What does the FX and Sovereign Risk Group within ENA,s Research Department
do?  We provide forecasts of foreign exchange rates as well as revenue and
cost escalators corporate wide for project valuation.  We advise the FX and
interest rate desks on Central Bank policies of the G3.  In addition, we
provide sovereign risk analysis on countries important to Enron's various
business units upon request, as well as provide services related to the
global macroeconomic outlook.  Our sovereign risk analysis is used in the
development of the E-ratings in cooperation with the Risk Assessment and
Control Group.  We have recently developed a presentation on &Fundamentals of
Non-ferrous Metals8 as well as one on "Sovereign Risk8.  We also advise the
fundamental analysis group within Enron Global Markets.

What,s new from the Country Risk and Foreign Exchange Team? On October 13th,
2000, we launched a new product called the Enron &International Monitor,8 an
international economic review that will be published each Friday by the FX
and Sovereign Risk Group.  The purpose of this product is to inform the
foreign exchange traders as well as management about important international
economic events and their impact on currency and financial markets.  Special
emphasis is placed on potential central bank policy changes and the impact
these changes have on interest rates and currencies.  We also monitor other
key markets, with a special focus on oil, and its impact on consumer,
producer and equity prices. The International Monitor can be found on the ENA,
s web site, by accessing
http//ecthou-webcl1.nt.ect.enron.com/research/ForeignExchange/FXMain.htm.

Please email Leann Walton if you would like to receive the International
Monitor weekly by email, or if you would like us to email you the first two
issues.  Visit our web site at http://home.ect.enron.com/ - Select
Departments / Research.  You will find also many useful links to other web
sites here relevant to Enron,s businesses.

NEWS FROM GLOBALFLASH

Enron Launches Financial Plastics & Petrochemicals Derivatives on EnronOnline
Enron is to start trading a new range of financial swap contracts for the
plastics and petrochemicals industry on www.enrononline.com, the company,s
free, real-time Internet-based trading platform. This is the first time that
these derivative products, designed to help clients better manage the price
volatility which characterises the multi-billion dollar industry, have been
made available on the Internet in Europe.

Gas Deliveries in Germany
Since 1 October 2000, Enron has been the first and only non-incumbent player
to be able to serve customers within Germany by delivering gas to three local
utilities, those of Heidelberg, T_bingen, and Bensheim.  Carsten Haack who
closed the first deal with Heidelberg and was in charge of negotiation of the
transport did mention that the procedures are still complicated and lengthy
and that the terms and conditions for future agreements will need to be
easier, more transparent and standardised. Helge-J_rgen Beil from the
Frankfurt office who closed the gas deals with the municipalities of T_bingen
and Bensheim said that these deliveries are encouraging but do not guarantee
the future yet.   Another positive aspect is that Enron's continental gas
trading team was able to do the first gas trade within Germany with some of
the gas Heidelberg contracted for but could not take on.

Liquid Fuels Group Launches Tanker Freight Forwards
Scott Moncrieff, a director in the group, has with his team introduced tanker
freight forward contracts on to EnronOnline, to offer a standardised hedging
contract in today's highly volatile tanker market, currently worth in excess
of US$ 10 billion per annum.

And on the Dry-Side......
Pierre Aury, Chris Connelly and their team introduced a similar on-line
forward freight swap in June and to date, have traded contracts with a
notional value of US$ 8 million, equivalent to 20 million metric tonnes of
combined physical and financial contracts.  The routes are  from Colombia and
South Africa to Rotterdam, which are key routes for coal transport.

WELCOME

Transferred Into ENA/EIM/EGM
ENA ) Johnny R. Palmer/Staffing Resources, Anna Briggs/Principal Investing,
Carol Coats/Human Resources
EGM ) Andrea Hauser/US-GP Products Trading

New Hires ENA/EIM/EGM
ENA ) David Jones/East Origination, Marnie Lamb/Merchant Finance, Mathew-Joy
Noveena/Tax, Reynaldo Romero/Gas Assets Oper Mgmt, Mary Symes/West
Origination-Portland
EGM ) Brad Lawson/Financial Operations, Sandeep Ramachandran/Weather Trading

IN THE NEWS

&Enron delivered very strong earnings growth again this quarter, further
demonstrating the leading market positions in each of our major businesses,8
said Kenneth L. Lay, chairman and CEO of Enron. &Our wholesale and retail
energy businesses have achieved record-setting levels of physical deliveries,
contract originations and profitability. We operate in some of the largest
and fastest growing markets in the world, and we are very optimistic about
the continued strong outlook for our company.8  --- from Enron's 3rd Quarter
Earnings Press Release

NUGGETS & NOTES

&I,m looking for some high velocity capital.8  -  Brian Redmond,
President/HPL, Managing Director/Assets/Upstream Origination-ENA

&Can I get this NOW?8 - Gary Hickerson, Managing Director/Equity Trading-EGM

"I like the innovative ways that Enron does things. They take a refreshing
approach to the stagnant steel industry." - Kevin O'Donnell, Director/Steel
Trading

CONTEST

The cut off date for The Name This Newsletter Contest is Friday, November 3.
Keep the ideas coming!

TEASER

In your cellar there are three light switches in the OFF position. Each
switch controls 1 of 3 light bulbs on the floor above.  You may move any of
the switches but you may only go upstairs to inspect the bulbs one time.  How
can you determine the switch for each bulb with one inspection? Please send
answers to michelle.vitrella@enron.com, the winner will receive AMC Movie
passes.


Per discussions that hopefully most of you have or will have with your
respective managers, you have been selected to be a part of a team to address
various issues associated with reconciling and clearing 1999 UA4.  The scope
of the team will be to work as a team, on production months where the UA4
number per our accounting systems is considerably larger in comparison to
what the pipeline balancing reports has as unaccounted for.  This team will
be dedicated fully to this effort and will need to be prepared to contribute
whatever hours are needed to get the desired results.  Yvette will be
locating a room that we can occupy for all of this week and next week.  This
room will be a "war room".  Everyone is expected to report to the "war room"
on a daily basis and should expect to be there unless something EXTREMELY
pressing causes you to have to leave or people need to go back to their
offices to retrieve data or information.  The expectations are that this
group will work to identify any volume discrepancies, adjustments, etc. and
be able to either correct or quantify those volumetric adjustments by no
later than Mar. 24, 2000.  This team is effective as of tomorrow, Mar. 16,
2000 at 9:00 a.m.

Yvette- please try to locate a room by then and notify the above team members
of the location.  In the case that you are not able to find a room right
away, please have everyone go to Brenda's office in EB3748 at 9:00 a.m.

The items on the radar screen to address in resolving volume issues are:

1.  King Ranch
2.  Gulf Plains Plant
3.  Gulf Energy Imbalance
4.  Hanover Treaters
5.  South Texas Treaters
6.  Tejas Gas P/L Imbalance
7.  Channel A/S Line Unaccounted For
8.  Third party imbalances - MOPS vs. POPS


Attached are cryptic summaries of the current positions.  WPTF, APX, ISO and
IEP are all fairly similar.  Enron is working with those parties to develop a
common proposal.  The "Reform Coalition" (RC) is Hogan, sponsored by Sempra,
with ORA/TURN/UCAN (they are all nuts), Reliant, Southern and WIlliams.
Without the gens, they were going nowhere.  Southern has already left the
coalition.  We and others have put a full court press on to Reliant (the
source of the problem is John Stout in Houston).  The word is that Reliant
will also leave -- we're hoping for a big splash saying both Southern and
Reliant have left.

The other confusing issue is --why Sempra/San Diego G&E?  Terry Winter, ISO
CEO and former officer at SDG&E, says that Sempra thinks nodalism is the only
way to get prices high enough in San Diego to encourage construction of more
power plants.  More power plants, more gas sales.

The first item is a matrix from mid-April laying out all the positions at the
time.  The RC has now introduced a slightly new proposal called "voluntary"
-- the concept being that you may opt for nodal or zonal on a month-by-month
basis.  This had not much support at the meeting at the ISO on May 10 and 11
-- especially since you end up with nodalism anyway.

The next item is a VERY LONG (45 pps) ISO doc -- the ISO proposal is called
zonal forward -- from late April.

I also included APX's "flowgate" model, which has some intriquing
characteristics and which we can support with some slight modifications (it's
very close to what we have proposed, and may be easier to use in a world with
more parallel flows than we have today)

If you want more, more, MORE -- go to the ISO web site (caiso.com) then to
Client Services, then to congestion reform, to see all the gory detail.


Geoffrey Friesen
3911 C Street
Lincoln, NE 68510
geoffrey-friesen@uiowa.edu

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Geoffrey Friesen


Shrley,

No problem.

Vince

Shirley Crenshaw
03/23/2001 02:02 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Anita DuPont/NA/Enron@ENRON, Kevin G Moore/HOU/ECT@ECT
Subject: Vacation

Vince:

I have already requested Friday, April 6th as a vacation day, and if it is ok,
I would also like to take Friday the 30th as a vacation day.

Thanks!

Shirley


Look at you trying to bring me out of my shell.  I don't know if I'm really
ready though to meet so many new people.  Remember...I am a shy, retiring
wall-flower.


<TITLE>Gas Indices - IntercontentalExchange</TITLE>

IntercontinentalExchange

Firm Physical Natural Gas Price Bulletin

For Natural Gas Delivered on Tuesday, November  27, 2001

(Trade Date of Monday, November  26, 2001)

Click here to access index history.

* volume represents sell-side only *

 Region
    Hub	High
Low
Wtd Avg Index
Change ($)
Vol (mmBtu)

Hub Name

LOUISIANA

    <NOBR>ANR SE	          $1.9200	          $1.7000	          $1.7880	-    .0765	         220,200	American Natural Resources Pipeline Co. - SE  Transmission Pool

    <NOBR>Columbia Onshore	          $1.8500	          $1.6700	          $1.7328	-    .0989	         311,200	Columbia Gulf Transmission Co. - Onshore Pool

    <NOBR>Henry Hub	          $1.9900	          $1.7200	          $1.8169	-    .0946	       1,029,600	Henry Hub tailgate - Louisiana

    <NOBR>NGPL LA	          $1.9300	          $1.7250	          $1.7974	-    .0054	         251,200	Natural Gas Pipeline Co. of America, Louisiana Pool

    <NOBR>Tenn 500L	          $1.7900	          $1.5700	          $1.6212	-    .1506	         145,500	Tennessee Gas Pipeline Co.-Zone L, 500 Leg Pool

    <NOBR>Tenn 800L	          $1.8000	          $1.5600	          $1.6387	-    .1740	         242,000	Tennessee Gas Pipeline Co.-Zone L, 800 Leg Pool

    <NOBR>TETCO ELA	          $1.7500	          $1.5400	          $1.6387	-    .2475	         179,800	Texas Eastern - East LA

    <NOBR>TETCO WLA	          $1.7800	          $1.5550	          $1.5922	-    .1966	         193,200	Texas Eastern - West LA

    <NOBR>Transco 65	          $1.8800	          $1.7200	          $1.7901	-    .1489	         307,800	Transco - Station 65

    <NOBR>Trunkline ELA	          $1.8000	          $1.6000	          $1.7018	-    .1073	          95,400	Trunkline Gas Company - East Louisiana Pool

    <NOBR>TxGas SL	          $1.8300	          $1.6200	          $1.7482	-    .1489	         239,300	Texas Gas Transmission Corp.-Zone SL FT Pool

MIDCONTINENT

    <NOBR>MichCon, citygate	          $2.1750	          $1.9700	          $2.0246	-    .0829	         230,400	Michigan Consolidated

    <NOBR>NGPL Midcont	          $2.0000	          $1.6000	          $1.7958	+    .0926	         149,700	Natural Gas Pipeline Co. of America, Mid-Continent Pool

    <NOBR>NGPL Nicor, citygate	          $2.1000	          $1.8000	          $1.9184	+    .0368	         723,200	Natural Gas Pipeline Co. of America, Nicor Citygate

    <NOBR>NGPL NIPSCO, citygate	          $2.1500	          $1.8800	          $1.9807	+    .1037	         130,200	Natural Gas Pipeline Co. of America, Nipsco Citygate

    <NOBR>NNG Demarcation	          $2.3000	          $1.9900	          $2.0768	+    .3292	         226,800	Northern Natural Gas, Demarcation Pool

NORTHEAST

    <NOBR>Columbia TCO	          $1.8800	          $1.6900	          $1.7377	-    .2106	         404,500	Columbia Gas Co. - TCO Pool

    <NOBR>Dominion So.Point	          $2.1000	          $1.6400	          $1.7539	-    .3828	         225,700	Dominion - South Point

    <NOBR>TETCO M3	          $2.1200	          $1.8100	          $1.9092	-    .2559	         155,400	Texas Eastern - M3 Zone

    <NOBR>Transco Z-6 (NY)	          $2.1500	          $2.0100	          $2.0679	-    .2582	         130,700	Transcontinental Gas Pipe Line Corp. - Zone 6 (NY)

WEST

    <NOBR>El Paso non-Bondad	          $2.1750	          $1.5900	          $1.9711	+    .5273	         159,700	El Paso - San Juan Basin, Blanco Pool

    Huntingdon/Sumas	          $2.2400	          $2.1800	          $2.1966	+    .5209	         120,400	Westcoast Energy & Northwest Pipeline Corp.

    <NOBR>Opal	          $2.2000	          $1.8000	          $1.8893	+    .4327	         152,200	Opal

    <NOBR>PG&E Citygate	          $2.4800	          $1.7900	          $2.2783	+    .5771	         293,000	PG&E - Citygate

    SoCal Border	          $2.4100	          $1.8500	          $2.1203	+    .5317	         203,000	Southern California Border Points (Ehrenberg,Topock,Needles)

WEST TEXAS

    <NOBR>El Paso - Keystone	          $2.2200	          $1.5200	          $1.9687	+    .3724	         477,900	El Paso - Keystone Pool

    <NOBR>Waha	          $2.1500	          $1.8800	          $2.0206	+    .3608	         254,200	Waha Hub - West Texas

Includes all firm physical fixed price trades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date specified for natural gas delivered on the specified date(s).

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Group,
We all knew it was coming. NERC Compliance surveys are continuining. Everything must be tagged both light load and heavy load. THIS INCLUDES SCHEDULES IN THE SOUTHWEST. Templates and POR/POD sheets are available. If you have any questions regarding our policy please let me know.
Let's be especially sharp for HE 14 on the 17th.

Thanks,
Bill

 -----Original Message-----
From: 	Scholtes, Diana
Sent:	Tuesday, November 13, 2001 8:25 AM
To:	Williams III, Bill
Subject:	E-TAG Survey

Bill,

There's going to be a NERC E-Tag survey on Saturday 17th for HE 1400 PST.  CA's will be reporting who is and who isn't in compliance.  I received a call today to remind us of this from PGE transmission.  Apparently, they have been noting, as practice who's in compliance and who isn't, and I guess our stats aren't looking good.  We just need to make sure we submit tags for every transaction whether is on time or late.

ds


Hi girls  -  I'm confused, was sure I sent it out when we discussed it last,
but still says pending legal in my file, I will look into it further tomorrow
morning.

Ellen

DEBRA PERLINGIERE@ECT
12/12/2000 04:14 PM
To: Cyndie Balfour-Flanagan/Corp/Enron@ENRON, Ellen Wallumrod/NA/Enron@ENRON
cc:

Subject: Re: Superior Water Light & Power

Well I guess that makes me a double goober!  I just want to make sure a
confirm was sent to Superior.  I will  generate another GISB for
execution.       The confirm / or a copy of same should be directed to Bill
Bombich @ Fax #    715-395-6300, phone 715-395-6288.

Thanks!!!!!!!!!!!!!!!!!!!!!!!

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


Attached is the Weekly report.  We can discuss at the conference call
tomorrow morning, 8:00am Houston time.

Intl:  805 240 9653
Domestic:  888 232 0365

Pcode:  870522

Kurt Lindahl


Has this agreement been executed?  If so,  I need a copy of the original and
one original should be sent to the file room.

Thanks!

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


?
 - Doves - Lost Souls - 08 Catch the Sun.mp3


Garrett Trip from our Ontario office is coming down Monday.  Let's meet with him to discuss Lennox.  I will set up meeting room for Tueday 2:00.  How does that sound?  Will you be able to attend?
Thanks

 -----Original Message-----
From: 	O'Malley, Justin
Sent:	Tuesday, November 20, 2001 12:59 PM
To:	Mahmassani, Souad
Subject:	FW: Houston Trip Nov 26-28th

Souad, Garrett is coming to town do you think we can offer him anything for anything in return

 -----Original Message-----
From: 	Tripp, Garrett
Sent:	Tuesday, November 20, 2001 12:55 PM
To:	O'Malley, Justin
Subject:	Houston Trip Nov 26-28th

Justin,

This is Garrett on the Ontario Power Desk.  I will be in the Houston office spending time with the East Power Desk next week.  Let's set up a time for you to run through your Ontario Gas burn model.  Farouk and I do not need a great deal of specific information,  just enough to identify when Lennox is burning gas, and approximately how much.  Monday and Tuesday afternoon are good times for me, reply when you are available.

Garrett
416-865-3709


FYI
----- Forwarded by Richard B Sanders/HOU/ECT on 10/29/2000 09:01 AM -----

	"WENDY EDWARDSON" <wendy.edwardson@blakes.com>
	10/27/2000 10:00 AM

		 To: <Richard.B.Sanders@enron.com>
		 cc: "DALTON MCGRATH" <dalton.mcgrath@blakes.com>, "DAN FOURNIER"
<dan.fournier@blakes.com>, "GLENN LESLIE" <glenn.leslie@blakes.com>, "MARK
MORRISON" <mark.morrison@blakes.com>, "WEB MACDONALD"
<web.macdonald@blakes.com>
		 Subject: 83829/44 Enron Canada re Special matter - Project Stanley

Status Report re: tape transcripts

At this time, this summary has been sent to you only.

Counsel for Powerex has indicated that he now has instructions to share with
us the information that has been seized from their offices by the Bureau in
exchange for our providing similar information to them.

He has also indicated to us that between the 19th and the 25th of October,
the Bureau came to Vancouver and listened to the Powerex tapes using Powerex
equipment in that they had been unable to listen to them with their own
equipment.

As you are aware, the tapes seized from the Enron offices in Calgary cover
the period of September of 1999 to the end of October.

The tapes which we have listened to, but which they have not seized, cover
the period commencing in late May of 1999 to September, 1999.

With respect to the tapes that they have seized, initially we exerted a claim
of privilege to all of the tapes.  The Bureau has now come back to us and has
asked us to clarify how we would propose resolving the privilege question.
We have volunteered to have this discussion with them, but to this point in
time, they have not responded to us.

If, as and when the conversation occurs, our position will be that we intend
to claim privilege with respect to conversations with lawyers only.  How this
particular aspect of the matter would be resolved is not as yet clear.

Our view is that with respect to the conversations they have, they are not
particularly damaging but the conversations do not particularly add to the
flavour of the matter to our benefit.

On Wednesday of next week, we will be meeting with counsel for Powerex to see
exactly which conversations they have delivered to the Bureau.  We will
advise him of the conversations that have been taken by the Bureau from our
offices and at the conclusion of this matter, we should be able to see
exactly what it is that the Bureau has in terms of conversations between
Powerex and Enron.

We look forward to discussing this matter with you at your convenience.

Yt
Web Macdonald


Louise,

I want to sign a confidentiality and exclusivity agreement with ABB with respect to our San Francisco T-Line Project.  There are no payment or service terms other than the concept that we are granting exclusivity to each other for two years.

Reasons:
- I want to get some inexpensive resources from them to help us design and develop the project;
- I want to lock them up early since they are the clear industry leader and the puclic entities in CA may ultimately RFP.

My understanding is that approval is needed from you, John or Detmering.

Is this OK with you?

Regards,

Chris Calger
503-464-3735

 -----Original Message-----
From: 	Rasmussen, Dale
Sent:	Friday, September 28, 2001 10:42 AM
To:	Mays, Wayne; Parquet, David; Etringer, Michael
Cc:	Tweed, Sheila; Calger, Christopher F.; Schuler, Lance (Legal)
Subject:	Transmission Line Project-ABB Agreement

Re-sending with minor changes to the prior documents.  A clean copy is now provided.

Lance Schuler advised me that it is now Jeff Donahue, rather than Mark Metz, that needs to sign off on Corp's behalf, and that either Tim Detmering, Louise Kitchen or John Lavorato can approve on behalf of ENA.

A redraft of the ABB confidentiality/exclusive dealings agreement is attached for review and comment.

This document is based on the form ABB provided and for which ABB has expressed a strong preference.

This draft calls for bilateral exclusivity for the Term (2 years).  As several of us have discussed, this will prevent ENA from choosing an alternative technology or supplier during that time should it choose to construct a DC transmission line within a 15-mile radius of San Francisco.  As I understand it, we are prepared to link arms with ABB to do this project because ABB is the premier supplier of this type of equipment.

Based on recent discussions between Wayne and ABB, the language necessary for creating the exclusivity arrangement has been added to the form of confidentiality agreement that we had been working on with ABB earlier.  The added language is somewhat lengthy, but was necessary to establish the relationship and at the same time protect ENA against arguments that we are obligated to proceed with the potential transaction.

Because this transaction does commit ENA to exclusivity obligations I understand that we will need to talk with Tim Detmering and Mark Metz about the transaction.

Please let me know of comments.

Dale Rasmussen
Tel:  (503) 464-8863
Fax: (503) 464-8058


APPROVED
----- Forwarded by Elizabeth Sager/HOU/ECT on 06/03/2001 02:52 PM -----

	Kay Mann@ENRON
	06/01/2001 10:34 AM

		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc:
		 Subject: Flat screen monitor

Elizabeth,

I would like to have a flat screen monitor, if possible.

Thank you,

Kay


The conference call to discuss the California Department of Water Resources
will begin Monday, January 15, 2001 at 10:00 a.m. CST (8:00 a.m.
PST\11:00a.m. EST).  The number for the call is 1-800-713-8600.  The code is
80435#.


Teco Tap       25.000 / Enron ; 88.750 / HPL HPL IFERC

LS HPL LSK IC       25.000 / Enron


Kim:  It looks fine, and, you should use this format until the ISDA is
executed.  We spoke with Allegheny this morning and they promise to execute
next week.

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

	Kimberly Hundl@ENRON
	04/05/2001 12:45 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Allegheny sample confirmation draft

Hi Sara,
Attached are the changes you requested.  Shall I begin confirming all
Allegheny deals on this form until the ISDA is complete?

Thanks for your help!
Kimberly Hundl x31647

From: Sara Shackleton@ECT on 04/04/2001 06:58 PM
To: Kimberly Hundl/Corp/Enron@ENRON
cc:

Subject: Re: Allegheny sample confirmation draft

Kim:

Attached are my comments.

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

	Kimberly Hundl@ENRON
	04/04/2001 10:43 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Melissa Ann Murphy/HOU/ECT@ECT
		 Subject: Allegheny sample confirmation draft

Hi Sara,
Ok, I think I have properly referenced the side letter in this confirmation.
Please let me know what changes should be made.

P.S. I am leaving at noon today, so if I haven't heard from you by then, I
will give you a call tomorrow morning.
Thanks!
Kim x31647


Mary:  Sorry, I can't make the lunch.  Historically, the interest in Enron
sponsoring any event has been very low.  I will raise it but I am not
optimistic.

Mark


When: Monday, November 19, 2001 4:00 PM-4:10 PM (GMT-06:00) Central Time (US & Canada).
Where: the room

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


All of these deals are yours except the last one.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/26/2001
10:59 AM ---------------------------

Julie Meyers
02/26/2001 10:52 AM
To: Phillip M Love/HOU/ECT@ECT
cc:
Subject: DEALS

Should the following deals be in TAGG

636598
636608
636612
636618
636620
636624
636953

Let me know.


please change the counterparty


Kay-
    As we discussed, attached is a copy of my resume.

 Regards
Ed.