Attached please find referenced list.  A few notes:

No physical power or credit derivatives for any of these Japanese
counterparties.  Re:  Bandwidth, as a general principle, what I'm hearing
from the bandwidth lawyers is (1) for Japanese counterparties they can only
trade the U.S. segment (which is currently the only segment we have online),
and (2) for right now, we have 1 Netherlands and 2 German counterparties on
the list, and they are still checking to get the scoop on those countries, so
for right now I am shutting them down for bandwidth.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/29/2000
04:14 PM ---------------------------

Tom Halliburton@ENRON
09/29/2000 07:51 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Gas Storage Presentation

Vince
Attached is a copy of the presentation given at yesterday's lunch time
meeting.  It was fairly short - finished just after 12:30.

Tom


Cathy:  attached is Mary's email which you may not have received.  Let me
know if you need a separatecopy of the existing (Global Custody) agreement
draft which ENA has negotiated with Chase.  I am hoping to conference in
Chase as soon as we can.

Also, Mary mentioned that you should verify with Richard Sage (Enron Credit
Ltd. in London) whether ECL is currently negotiating with BONY to put another
"Global Custody Agreement" in place.  He may be negotiating an almost
identical agreement (not necessary if Enron Corp. is the contracting party or
perhaps if ENA ).

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 06/04/2001 01:29 PM -----

	"mike perkins" <mperkins@ix.netcom.com>
	06/03/2001 04:09 PM

		 To: <Sara.Shackleton@enron.com>
		 cc: <paul.garcia@enron.com>, <cathy.moehlman@enron.com>
		 Subject: Re: Enron North America Corp. ("ENA") Global Custody and Clearance
Agreement

Sara,
I have reviewed this briefly and have a couple of issues/comments.
I am concerned about the references to cash accounts.  I need to discuss
with the group.  ENA is not authorized to operate cash accounts.
Overdrafts and advances should not be permitted (sections 2Ciii and 4A)
I need to discuss FX with Laurel.  Again, ENA should not be operating cash
accounts.
Any verbal or fax instruction must be confirmed with callback or other
security procedures.  We have some sample call back procedures, test keys
are mentioned but are messy.  Need to discuss.  3C-authority to act should
be predicated on following the agreed procedures.  Maybe this is implied.
In 2, it is mentioned that info can be given.  I think it should be only if
required by law.
5A, generally, we don't allow fees to be debited.
5C I agree with you 5C is ugly.  I think this must be limited to the assets
in the specific accounts related to the agreement.
My number is 713 355 3814
Mary

----- Original Message -----
From: <Sara.Shackleton@enron.com>
To: <mperkins@ix.netcom.com>
Cc: <Sheila.Glover@enron.com>
Sent: Friday, June 01, 2001 4:46 PM
Subject: Enron North America Corp. ("ENA") Global Custody and Clearance
Agreement

> Mary:
>
> Attached is the latest draft from Chase.
>
> In particular, please take a look at the following paragraphs:
>
> 2.A (the definition of "Securities")
> 5.B (lien on securities)
> 5.C (setoff)
>
> The ENA contact is Gennaro Contella.  Please leave me or Sheila a voice
> mail and we can arrange a conference call on Monday with Gennaro, Nancy
> Callahan, if necessary (Chase legal) and anyone that you need to
conference
> in on behalf of Enron Corp.  The traders are anxious to have this account
> in place.
>
> Irrespective of which Enron entity takes ownership of this agreement, we
> were looking to you for information regarding existing Chase accounts (in
> ENA's name).
>
> Thanks for your help.
>
> 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 06/01/2001 04:38 PM -----
>
>                     Nancy.K.Callahan
>                     @chase.com              To:
Sara.shackleton@enron.com
>                                             cc:
Gennaro.Contella@chase.com
>                     05/31/2001 01:45        Subject:     Enron Global
Custody and Clearance Agreement
>                     PM
>
>
>
>
>
>
> As requested, attached is the final Agreement which I believe reflects the
> revisions we discussed this morning.  If this is acceptable, please have
> the Agreement executed on behalf of Enron and return the necessary
> counterparts to me for signature by Chase.  I will then return fully
> executed copies to you.
> (See attached file: Enron.doc)
> (See attached file: Enron.doc)
>


Thanks !

You are probably familar with the format ... 15-20 minutes for the
presentation
followed by 20-30 minutes for Q&A.

See you at 7:30am Thursday in the lobby of the  Sonesta for breakfast!

ghw

"Vince J Kaminski" <Vince.J.Kaminski@enron.com> on 03/31/2000 12:48:58 PM

To:   George Wayne@FPL
cc:   "Vince J Kaminski" <Vince.J.Kaminski@enron.com>, vkaminski@aol.com
Subject:  Presentation

George,

This is the presentation I promised.

Vince
(See attached file: fpl0400.ppt)

 - fpl0400.ppt


We can not pay any deposits

 -----Original Message-----
From: 	"McMurray, Lindsey" <AMcMurr@pnm.com>@ENRON
Sent:	Tuesday, December 04, 2001 9:04 AM
To:	Tholt, Jane M.
Subject:	Off-system Transportation Contract T30233

Good morning Janie, I hope things are going okay for you, I know this is a
trying time.  I needed to contact you and see if there is a remote chance
that Enron North America Corp. would try to transport gas under the NW New
Mexico Off-system Transportation Contract T30233???   I have some deposit
request letters in hand, but I was not going to sent them out until the dust
settled a little, unless this transaction for transportation is something
that you may do soon??  Please give me your best assessment of this
situation.  Thanks,

A. Lindsey McMurray
Public Service Company of New Mexico; PNM Gas Services
Senior Transportation Contract Rep.
505-241-2686
Cell 505-220-2662
Fax 505-241-2339

 - C.DTF << File: C.DTF >>


Kay:

The last sentence of this clause was not included in my last draft.   After
being on vacation for four days, I can't remember why I did or didn't do
what.   Please let me know if you agree that this last sentence should be
added and if there are any other changes needed.

Thanks.
Kathy
---------------------- Forwarded by Kathleen Clark/ENRON_DEVELOPMENT on
07/05/2000 09:30 AM ---------------------------

michael.o.sandridge@us.abb.com on 06/30/2000 11:48:23 AM
To: ben.jacoby@enron.com, kay.mann@enron.com, Kathleen.Clark@enron.com
cc: karla.hesketh@us.abb.com

Subject: Enron Contract Verbage

Dear Team,
Dave mentioned that probably the only other change would be in the assignment
section article xxii and that should not be any big change.

MIKE
---------------------- Forwarded by Michael O
Sandridge/Field_Marketing/USTRA/ABB on 06/30/2000 11:44 AM
---------------------------
|------------->
|(Embedded    |
|image moved  |
|to file:     |
|pic05234.pcx)|
|             |
|------------->
  >------------------------------------------------------------------------|
  |Frank Chmiel/StLouis/USTRA/ABB                                          |
  |06/30/2000 11:38 AM (Phone: +(314) 679-4702, Dept.: FIELD SALES)        |
  >------------------------------------------------------------------------|

To:   Michael O Sandridge/Field_Marketing/USTRA/ABB@ABB_USTRA
cc:   Karla Hesketh/Field_Marketing/USTRA/ABB@ABB_USTRA, David
      Onuscheck/ETI/USTRA/ABB@ABB_USTRA
Subject:  Enron Contract Verbage

Security Level:?         Internal

Mike,
     When  we  spoke  this morning, Dave advised that one change to the
language
that  will  be  required is  the addition of the words in red , in bold added
by
ABB at the end of this paragraph in section 22.2 of the contract.

     In  the  case of an assignment to a party described in (ii), (vi), or
(vii)
(other  than   Enron  Engineering  &  Construction  or  NEPCO),  Seller shall
be
entitled  to  request  and  receive  an  appropriate guaranty, letter of
credit,
payment  bond  or  other  reasonable  form of payment security, in amount not
to
exceed the amount of the Purchase Amount remaining to be paid at the time of
the
assignment,  unless  the  assignor  agrees  to  remain  liable  for  all
future
liabilities  under  this  Agreement.  A letter of guaranty, letter of credit,
or
payment bond provided by an entity rated BBB+ or better shall be deemed to be
an
appropriate  form  of  security  for  the purpose of this provision , so long
as
payment  in  full  has  been  made  in accordance with the schedule set forth
in
Article VI.

     Additional commentary may come later today when Dave reaches his first
stop
on his flight back to Raliegh.
     Frank

 - pic05234.pcx


Prices in the January 27, 2002 Real-Time Market are correct.

Prices in the January 28, 2002 Day-Ahead Market are correct.

Please note that Market Monitoring will no longer be reserving prices due
to ECA-B.  Code modifications were made on December 20th to incorporate
into the Real-Time price, the BME price in the presence of congestion.  The
incorporation is now an automatic process that is prescribed by the NYISO
tariffs.  This message will appear in price reservation announcements
through January 31, 2002.

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

---
You are currently subscribed to nyiso_tie as: paul.d.thomas@enron.com
To unsubscribe send a blank email to leave-nyiso_tie-629431H@lyris.nyiso.com


-----Original Message-----
From: 	Davis, Angela
Sent:	Thursday, November 15, 2001 1:29 PM
To:	Shackleton, Sara; Bushman, Teresa G.
Subject:	FW: Powerhouse Pilates

 Here is the Pilates info.

Angela D. Davis
Enron North America Corp.
1400 Smith Street, EB3817
Houston, Texas 77019
Tel: (713) 345-8347
Fax: (713) 646-3393
e-mail: angela.davis@enron.com

 -----Original Message-----
From: 	Anne Walzel <annewalzel@yahoo.com>@ENRON [mailto:IMCEANOTES-Anne+20Walzel+20+3Cannewalzel+40yahoo+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, October 03, 2001 1:36 PM
To:	Davis, Angela
Subject:	Powerhouse Pilates

Hi Angela,

It was great seeing you in class this afternoon.  Keep
up the good work! Here is some information about my
Pilates studio as well as Pilates in general. Private
sessions in the studio are much different than the
mass mat class. At Powerhouse Pilates, I will design a
workout specifically for your body. We will focus on
your problem areas and we will increase your overall
strength and flexibility using all of the Pilates
equipment.

1. The benefits of Pilates

Pilates strengthens your abdominals, tightens your
buttocks, improves your posture, corrects your
alignment, reduces stress, alleviates lower back pain
and neck pain, strengthens and tones your muscles
without building bulk, and lengthens your body as a
whole. It helps you look and feel great, gives you a
sense of ease and confidence, and helps you feel
grounded and centered at all times.

2. Location

Powerhouse Pilates
1117 Omar St.
Houston, Texas 77009
Phone: 713-880-5307
Fax: 713-426-5466

Powerhouse is located in the Houston Heights, just 10
minutes from downtown Houston. From downtown, take
Allen Parkway to Studemont and turn right on
Studemont. Turn left on Omar and it's in the first
block on the left.

3. Hours of Operation:

Monday-Friday: 7am to 9pm
Saturday: 8am to 2pm

4. Cost:

Private session: $65 per session
Duet: $50 per person

Series cards are also available and can bring the cost
of a private session down to as low as $50 per
session. Duets are Pilates sessions with two students
and one instructor. If you know someone who is
interested in Pilates, you might consider bringing
them in so that you can work out together. If you buy
a duet series card, the price can be as low as $37.50
per person per session.

Series Cards:

Ten private sessions: $550 (save $100)
Fifteen private sessions: $800 (Save $175)
Twenty private sessions: $1000 (save $300)

Ten duet sessions: $425 (save $75)
Fifteen duet sessions: $600 (save $150)
Twenty duet sessions: $750 (save $250)

5. Payment methods:

We accept Visa, Mastercard, American Express, checks,
and cash.

6. Scheduling

Appointments are scheduled on the hour and are fifty
minutes long. You will work on all of the Pilates
equipment and your instructor will develop a Pilates
routine specifically for your body.

7. Credentials

Powerhouse is owned and operated by Anne Walzel, a
certified Pilates instructor, dancer, member of the
Pilates Guild, and Pilates student of ten years. She
was certified through the Pilates Studio of New York
under the direction of Romana Kryzanowska, Joseph
Pilates' protege. Anne has taught Pilates at the
Pilates Studio at Atlanta ballet, the Pilates Studio
of New York, re:AB, and Tribeca Bodyworks, New York's
renowned Pilates studio. She danced at the Houston
Ballet Academy for 15 years as well as the School of
American Ballet, Martha Graham, the Paul Taylor
School, and the Jose Limon Institute, New York. She
has a bachelor's degree from Northwestern University
and is a graduate of St. John's School, Houston.

8. Pilates materials

"The Pilates Body," by Brooke Siler
"The Pilates Powerhouse," by Mari Winsor

www.pilates-studio.com

I hope this information helps! Feel free to call me at
the studio (713-880-5307)to schedule your session or
to ask me any questions.

Sincerely,

Anne Walzel

__________________________________________________
Do You Yahoo!?
Listen to your Yahoo! Mail messages from any phone.
http://phone.yahoo.com


---------------------- Forwarded by Mary Hain/HOU/ECT on 12/18/2000 02:35 PM
---------------------------

Mary Hain
12/18/2000 08:32 AM
To: Alan Comnes/PDX/ECT@ECT
cc:
Subject: Summary of FERC's 12- 15 order on California Markets

---------------------- Forwarded by Mary Hain/HOU/ECT on 12/18/2000 08:41 AM
---------------------------

Mary Hain
12/17/2000 05:20 PM
To: Don Black/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Neil
Bresnan/HOU/EES@EES, Jubran Whalan/HOU/EES@EES, James E Keller/HOU/EES@EES,
Vicki Sharp/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Steven J
Kean/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Mark
Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Joe
Hartsoe/Corp/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron, Sarah
Novosel/Corp/Enron@ENRON, Ginger Dernehl/NA/Enron@Enron, Susan J
Mara/NA/Enron@Enron, Mona L Petrochko/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT, William S Bradford/HOU/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Kathryn
Corbally/Corp/Enron@ENRON, David W Delainey/HOU/ECT@ECT, Greg
Whalley/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Marty Sunde/HOU/EES@EES,
Mark Frevert/NA/Enron@Enron, Mark Koenig/Corp/Enron@ENRON, Paula
Rieker/Corp/Enron@ENRON, gfergus@brobeck.com, sbishop@gibbs-bruns.com, Tom
Alonso/PDX/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Jim
Buerkle/PDX/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Dave Parquet, Paul
Choi/SF/ECT@ECT, Ed Clark/PDX/ECT@ECT, Stanley Cocke/PDX/ECT@ECT, Sean
Crandall/PDX/ECT@ECT, Terry W Donovan/HOU/ECT@ECT, Michael
Etringer/HOU/ECT@ECT, Mark Fischer/PDX/ECT@ECT, John M Forney/HOU/ECT@ECT,
Chris H Foster/HOU/ECT@ECT, Dave Fuller/PDX/ECT@ECT, Jim Gilbert/PDX/ECT@ECT,
Don Hammond/PDX/ECT@ECT, Tim Heizenrader/PDX/ECT@ECT, Karen E
Jones/HOU/ECT@ECT, Holli Krebs/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Elliot
Mainzer/PDX/ECT@ECT, Chris Mallory/PDX/ECT@ECT, John Malowney/HOU/ECT@ECT,
Wayne Mays/PDX/ECT@ECT, Marcie Milner, Matt Motley/PDX/ECT@ECT, Tracy
Ngo/PDX/ECT@ECT, Murray P O'Neil/HOU/ECT@ECT, Jeffrey Oh/PDX/ECT@ECT, Todd
Perry/PDX/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Lester Rawson/PDX/ECT@ECT,
Jeff Richter/HOU/ECT@ECT, Stewart Rosman/HOU/ECT@ECT, Diana
Scholtes/HOU/ECT@ECT, Jeff Shields/PDX/ECT@ECT, Jeff G Slaughter/PDX/ECT@ECT,
Chris Stokley/HOU/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT, Jake Thomas, Stephen
Thome/HOU/ECT@ECT, Frank W Vickers/HOU/ECT@ECT, Kim Ward/HOU/ECT@ECT, Laura
Wente/HOU/ECT@ECT, Greg Wolfe@ECT, Christian Yoder/HOU/ECT@ECT
cc:
Subject: Summary of FERC's 12- 15 order on California Markets


Carol,
Attached please find our proposal for your inquiry to purchase Nov01 baseload gas on Reliant.  Please call me if you have any questions or concerns.  Thanks.

Darron Giron
713-853-9573


Just to catch you up a bit...
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/21/2000 02:25
PM ---------------------------

Heather Kroll@ECT
08/21/2000 10:32 AM
To: Jeffrey Keenan/HOU/ECT@ECT, John Moore/Corp/Enron@Enron
cc: Kay Mann/Corp/Enron@Enron, Ozzie Pagan/HOU/ECT@ECT

Subject: VEPCO Information Request

To all:

In our last meeting with VEPCO we presented a structure that would

1).  Allow Enron to sell the Edgecombe plant to VEPCO at a fixed price at the
end of the term of the PPA (around $325/kW)
2).  Allow VEPCO to buy the plant from us at a fixed price at the end of the
term of the PPA (around $425/kW).

This structure caps our downside risk into a quantifiable number (it also
limits our upside but we're willing to give that up to protect against a big
negative hit).

In order to evaluate this structure, VEPCO has asked for some specific plant
information.  We have most of this info in various forms and I would like
your help pulling it together.

1).  Full plant description (equipment, design, drawings)
2).  Construction costs (have we gotten updated NEPCO numbers for this
project?)
3).  Permits (timeline for obtaining, run hours allowed on both natural gas
and fuel oil, emission limits)
4).  Fuel contracts (in process).

Please let me know what you have and an estimate on timing to get the rest of
the request.

If we can negotiate this structure with VEPCO, we will make a significant
jump in getting the internal okay to move forward.

Thanks for your help,

Heather


This replaces the meeting scheduled for 400 tomorrow.
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/23/2000 01:26
PM ---------------------------

John.Normand@enron.com@enron.com on 08/23/2000 11:47:29 AM
Sent by: Arlene.Chapman@enron.com
To: Mitch.Robinson@enron.com, Kay.Mann@enron.com,
John.Schwartzenburg@enron.com, Scott.Dieball@enron.com, Bob.Greene@enron.com,
Dennis.Alexander@enron.com, Brian.D.Barto@enron.com, Gavin.Gaul@enron.com,
Mark.Dobler@enron.com, Ross.Newlin@enron.com
cc:

Subject: Invitation - Westinghouse/Gleason iss (08/24/2000 12:30:00 PM CDT)

  (superscript: New meeting request from John Normand)

                08/24/2000 12:30 PM Local Time
                08/24/2000 02:00 PM Local Time

  Title:        Westinghouse/Gleason issues CR#5C1 - Lunch served
  (J.Normand, M.Robinson, K.Mann, J.Schwartzenburg, S.Dieball, B.Greene,
  D.Alexander, B.Barto, G.Gaul, M.Dobler, R.Newlin))
  Location:     -No room information available-

  Chair:        John Normand/ENRON_DEVELOPMENT

  To (required):   Mitch Robinson/Corp/Enron
  cc (optional):

     John Normand/ENRON_DEVELOPMENT wants you to attend a meeting.

On        08/24/2000 12:30:00 PM CDT
For       1 hour 30 minutes
With:          John Normand/ENRON_DEVELOPMENT (Chairperson)
          Mitch Robinson/Corp/Enron (Invited)
          Kay Mann/Corp/Enron (Invited)
          John Schwartzenburg/ENRON_DEVELOPMENT (Invited)
          Scott Dieball/ENRON_DEVELOPMENT (Invited)
          Bob Greene/ENRON_DEVELOPMENT (Invited)
          Dennis Alexander/ENRON_DEVELOPMENT (Invited)
          Brian D Barto/ENRON_DEVELOPMENT (Invited)
          Gavin Gaul/ENRON_DEVELOPMENT (Invited)
          Mark Dobler/NA/Enron (Invited)
          Ross Newlin/ENRON_DEVELOPMENT (Invited)

   Westinghouse/Gleason issues CR#5C1 - Lunch served (J.Normand,
M.Robinson, K.Mann, J.Schwartzenburg, S.Dieball, B.Greene, D.Alexander,
B.Barto, G.Gaul, M.Dobler, R.Newlin))


Mark, attached is a file regarding what the payment structures could look like. The plug is the total PV $'s that we will put towards the equation... other than that it is simply a demand charge calculation.

Pls coordinate and let me know.

BT


you bet!

From: Jeff Dasovich on 05/11/2001 07:14 PM
Sent by: Jeff Dasovich
To: Karen Denne/Corp/Enron@ENRON
cc:

Subject: Re: NPR Inquiry

Please, please keep Dave out of it.  Note to follow.

	Karen Denne
	05/11/2001 07:02 PM

		 To: Jeff Dasovich/NA/Enron@Enron, sgovenar@govadv.com
		 cc:
		 Subject: NPR Inquiry

Ken Smith mentioned that Dave Parquet sent out an email about this issue --
do either of you have a copy of it?  If so, please forward to me.  Thanks! kd
---------------------- Forwarded by Karen Denne/Corp/Enron on 05/11/2001
07:01 PM ---------------------------

"Ken Smith" <ken@kdscommunications.com> on 05/11/2001 03:29:29 PM
Please respond to "Ken Smith" <ken@kdscommunications.com>
To: "Karen Denne" <kdenne@enron.com>
cc: "Scott Govenar" <sgovenar@govadv.com>, <Janel.Guerrero@enron.com>

Subject: NPR Inquiry

I spoke with Elain Cory from San Francisco's NPR bureau, who  called Hedy
Govenar's office earlier today regarding a story she's doing on  plant siting
and air emission laws.? She's in Sacto today (currently  meeting with IEP),
but I told her that our experts are in SF rather than  Sacramento.? I also
told her I was checking with you to see if we could  offer someone (Dave
Parquet seems the logical choice); if he (or someone else)  is available, she
can meet with him on Monday.?
?
Give me a call ASAP so I can follow up with her or so you can  take the
appropriate steps.? I'll probably be on my cell -- (916)  947-0927.
?
Thanks,
Ken


Julie,

Thanks. It feels awesome to have so much power.

Vince

"Julie" <julie@lacimagroup.com> on 05/11/2001 05:13:48 PM
Please respond to "Julie" <julie@lacimagroup.com>
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: Re: got a hold of Fiona Grant

I think it was the copying of your name on my latest email ;-)
?
thanks for your help
----- Original Message -----
From:  Vince.J.Kaminski@enron.com
To: Julie
Sent: Wednesday, April 11, 2001 6:37  PM
Subject: Re: got a hold of Fiona  Grant

Julie,

You have more luck than myself. I called a  few times
and left messages on her voice  mail.

Vince

"Julie" <julie@lacimagroup.com> on  05/11/2001 07:04:40 AM

Please respond to "Julie" <julie@lacimagroup.com>

To:??  "VinceJKaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject:?  got a hold of Fiona Grant

Vince,
Just to let you know, I  finally got in touch with Fiona  Grant.
J


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/04/2000
08:27 AM ---------------------------

Angela Barnett
08/04/2000 05:54 AM
To: Regina Blackshear/Corp/Enron@ENRON, Angela Gill/NA/Enron@Enron, Sandra R
McNichols/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT, Judy Hernandez/HOU/ECT@ECT,
Pamela Mitchell/HOU/ECT@ECT, Nikki Johnson/NA/Enron@Enron, Warren
Perry/Corp/Enron@Enron, Derick Jones/Corp/Enron@Enron, Diane
Salcido/Corp/Enron@Enron, Jorge Olivares/Corp/Enron@ENRON, Eve
Puckett/Corp/Enron@ENRON, Judy Walters/HOU/ECT@ECT
cc:
Subject: Fwd: Prayer

---------------------- Forwarded by Angela Barnett/HOU/ECT on 08/04/2000
05:52 AM ---------------------------

Mary Westbrook <kittenkid_65@yahoo.com> on 08/04/2000 05:43:32 AM
To: Mabel Abrasley <mabel@abrasley.com>
cc:
Subject: Fwd: Prayer

Note: forwarded message attached.

__________________________________________________
Do You Yahoo!?
Kick off your party with Yahoo! Invites.
http://invites.yahoo.com/
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-0400 (EDT)
From: Kttn0965@aol.com
Message-ID: <39.84f5079.26bb72d5@aol.com>
Date: Thu, 3 Aug 2000 21:13:57 EDT
Subject: Prayer
To: kittenkid_65@yahoo.com
MIME-Version: 1.0
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> >
> > Some people, it seems, get offended way too easily.
> > I mean, isn't that
> > what all
> > > this prayer hullabaloo is all about - people
> > getting offended?  Those of
> > us in
> > > the majority are always tippy-toeing around,
> > trying to make sure we don't
> > step
> > > on the toes or hurt the feelings of the humorless.
> >  And you can bet
> > there's a
> > > lawyer standing on every corner making sure we
> > don't.  Take this prayer
> > deal.
> > > It's absolutely ridiculous.  Some atheist goes to
> > a high school football
> > game,
> > > hears a kid say a short prayer before the game and
> > gets offended.  So he
> > hires a
> > > lawyer and goes to court and asks somebody to pay
> > him a whole bunch of
> > money for
> > > all the damage done to him.  You would have
> > thought the kid kicked him in
> > the
> > > crotch.  Damaged for life by a 30-second prayer?
> > Am I missing something
> > here?
> > >
> > > I don't believe in Santa Claus, but I'm not going
> > to sue somebody for
> > singing a
> > > Ho-Ho-Ho song in December.  I don't agree with
> > Darwin, but I didn't go out
> > and
> > > hire a lawyer when my high school teacher taught
> > his theory of evolution.
> > Life,
> > > liberty or your pursuit of happiness will not be
> > endangered because
> > someone says
> > > a 30-second prayer before a football game.  So
> > what's the big deal? It's
> > not
> > > like somebody is up there reading the entire book
> > of Acts.  They're just
> > talking
> > > to a God they believe in and asking him to grant
> > safety to the players on
> > the
> > > field and the fans going home from the game.
> > >
> > > "But it's a Christian prayer," some will argue.
> > Yes, and this is the
> > United
> > > States of America, a country founded on Christian
> > principles.  And we are
> > in the
> > > Bible Belt.  According to our very own phone book,
> > Christian churches
> > outnumber
> > > all others better than 200-to-1. So what would you
> > expect - somebody
> > chanting
> > > Hare Krishna?  If I went to a football game in
> > Jerusalem, I would expect
> > to hear
> > > a Jewish prayer.  If I went to a soccer game in
> > Baghdad, I would expect to
> > hear
> > > a Muslim prayer.  If I went to a ping-pong match
> > in China, I would expect
> > to
> > > hear someone pray to Buddha.
> > >
> > > And I wouldn't be offended.  It wouldn't bother me
> > one bit.  When in
> > Rome...
> > > "But what about the atheists?" is another
> > argument.  What about them?
> > Nobody is
> > > asking them to be baptized. We're not going to
> > pass the collection plate.
> > Just
> > > humor us for 30 seconds. If that's asking too
> > much, bring a Walkman or a
> > pair of
> > > ear plugs.  Go to the bathroom. Visit the
> > concession stand.  ..  Call your
> > > lawyer.
> > >
> > > Unfortunately, one or two will make that call. One
> > or two will tell
> > thousands
> > > what they can and cannot do.  I don't think a
> > > short prayer at a  football game is going to shake
> > the world's
> > foundations. Nor
> > > do I believe that not praying will result in more
> > serious injuries on the
> > field
> > > or more fatal  car crashes after the game.  In
> > fact, I'm not so sure God
> > would
> > > even be at all these games if he didn't have to
> > be.  That's just one of
> > the
> > > downsides of omnipresence.  If God really liked
> > sports, the Russians would
> > never
> > > have won a single gold medal, New York would never
> > play in a World Series
> > and
> > > Deion Sanders' toe would be healed by now.
> > >
> > > Christians are just sick and tired of turning the
> > other cheek while our
> > courts
> > > strip us of all our rights.  Our parents and
> > grandparents taught us to
> > pray
> > > before eating, to pray before we go to sleep.  Our
> > Bible tells us just to
> > pray
> > > without ceasing.  Now a handful of people and
> > their lawyers are telling us
> > to
> > > cease praying.  God, help us.
> > >
> > >  And if that last sentence offends
> > you-well............just sue me.
> > >
> > >
> > >
> >
> >
> >


Dear CHRIS GERMANY,

This note is to confirm that you requested a change to your
myuhc.com password on Wed May 22 18:13:32 EDT 2002, and that
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Jim,  Attached is a clean and redline version of your letter with my
comments.  The deal maker on this one is probably the appropriate person to
sign this one.  Is it Jim Ducote?

Is Greg Brazaitis or Steve Schneider aware of this project?


-----Original Message-----
From: 	Lindberg, Lorraine
Sent:	Thursday, February 14, 2002 11:32 AM
To:	Watson, Kimberly
Cc:	Lebeau, Randy
Subject:	RE: NGPL - Gray Interconnect

I spoke with Paul Haas with Kinder Morgan (NGPL) today about this.  He said it is not NGPL's intention to ever shut this point in if TW is overdelivering, only to cut the point back to rate.  He pledged their continued cooperation and as a followup, Darrell Schoolcraft and I have a conference call with Paul and Darrell's countepart scheduled for Tuesday, 2/19 to discuss the operation of TW/NGPL points and possible payback of volumes on the OBA.

Randy - if you have anything in particular that you would like us to bring up during the call, please call Darrell.  Thanks.

 -----Original Message-----
From: 	Watson, Kimberly
Sent:	Thursday, February 07, 2002 11:00 AM
To:	Lindberg, Lorraine
Cc:	Lebeau, Randy
Subject:	FW: NGPL - Gray Interconnect

Lorraine,

Would you please have a conversation with KMI about Randy's concern of KMI shutting in the Gray I/C w/o notifying us and the problems it would cause at P-3.  Also, keep Darrell, Market Services and, of course, Randy, plugged into the status.

Thanks, Kim.

 -----Original Message-----
From: 	Lebeau, Randy
Sent:	Friday, February 01, 2002 11:26 AM
To:	Watson, Kimberly
Subject:	NGPL - Gray Interconnect

I've just been included in some discussion about this interconnect.  Apparently Kinder-Morgan wants to put a control valve downstream of our measurement point.  They want to do this to have some control of deliveries off TW onto their system.  They have some concern about over-deliveries.  I understand that this happened on a couple of occassions in the past (possibly due to a malfunction with our valve).  They assure us that this control valve is only to provide them with the protection against over delivery.
It would be set to flow at a rate equal to their nomination, I guess.
As I said, they intend to set this valve downstream of measurement, on their pipe.  Since it will be installed on their pipe, I don't think there's much we can do about it.
However, we were wondering if there can be some wording or agreement formalized that says they would not shut this point in before contacting our field personnel and/or gas control.  I don't think this is their intention, but if they did shut in without notification, it would cause problems at our P-3 station.
We've tried to talk them out of this installation, but they seem adamant to proceed.
I wasn't sure who to contact about this.  Could you let me know if this is a major concern with marketing and scheduling?
Thanks


---------------------- Forwarded by Drew Fossum/ET&S/Enron on 02/01/2001
04:20 PM ---------------------------

	From:  Dan Fancler                           01/26/2001 10:34 AM

To: David Port/Market Risk/Corp/Enron@ENRON
cc: Vernon Mercaldo/ET&S/Enron@ENRON, Jerry Peters/NPNG/Enron@ENRON, Bob
Chandler/ET&S/Enron@Enron, Drew Fossum@ENRON, James Saunders/FGT/Enron@ENRON,
Lisa Sutton/FGT/Enron@ENRON, Debbie Moseley/ET&S/Enron@Enron, Lee
Ferrell/ET&S/Enron@Enron

Subject: Risk Management Caminus

David Port, ETS is purchasing a trading system from Caminus to track their
transactions.  Included in this system are position reports which the
Accounting Department will be using to report and determine compliance with
the attached policy and procedures, including open positions, VAR, MTM,
approval limits, Greeks, credit risk, stress testing, basis positions,
confirmations and invoicing.  The ETS Risk Management policy requires that
our reporting conform to the corporate standards, accordingly your name was
given to me as the person who could help direct some of the more technical
reporting standards.

Caminus is doing an introduction to their system today from 12:00 am to 3 pm
in 49c2, however I know you will not be back in town until next week.  Vernon
Mercaldo is coordinating the installation of the system and will be needing
your input relating to Corporate reporting standards.  As the project
progresses he will be contacting you.

Attached are drafts of the ETS Policy and Procedures.


Bob,

I highlghted some changes on your spreadsheet.  Look over these and call me
if you have questions.  A couple of the deals have Gas Daily tiers, so I
moved them down in the sheet.  I would like for you to make the changes
tomorrow after trading.

D

	Enron North America Corp.

	From:  Robert Cotten                           04/05/2001 11:20 AM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Wellhead Volumes

Daren,

Please click on the Supply Analysis tab of the attached spreadsheet to view
the wellhead volumes through 4/4/01.

Bob


Dale - I had just sent Kay a message, and opened up my mail, saw your
message, and the one from Jim that wants us in Las Vegas next Wed -
Thursday.  If we can meet in Houston on Friday, I am planning to be there on
business, and would fly into Houston Thursday night to meet in the morning on
the breakout contracts.

 -----Original Message-----
From:  Rasmussen, Dale
Sent: Tuesday, May 22, 2001 12:12 PM
To: Mann, Kay; Williams, Bill
Subject: RE: turbine torture

I will be in Houston tomorrow, and have a call in to Paul Pippitone (?) and
Peter Thompson to pin down where we are and what needs to be done.  I will
try to pull Rose into that meeting as well.

Assuming we don't get everything resolved at that meeting, Bill has suggested
(appropriately, I think) that we should have a follow-on all-hands meeting
next week in Houston with GE as well.  Thursday has been proposed.

 -----Original Message-----
From:  Mann, Kay
Sent: Tuesday, May 22, 2001 11:39 AM
To: Williams, Bill; Rasmussen, Dale
Subject: turbine torture

Hi there,

I need to get with Lee Johnson on another deal, and I know he will ask about
LV CoGen.  Anything I should tell him?

Thanks,

Kay


without trading experience, the jobs that you would be interviewing for would
be risk analysis or scheduling probably.  i'm not sure how much you make but
i think it may be a pay cut -- not sure though.  you can send me your resume
though and i have alot of contacts in those areas - i'll do what i can.


Ina:  my login is rgay.  Thanks


Louise:

I am happy to provide you with the short form GTC today.  However, I believe that an on-line EEI will receive quicker market acceptance than the GTCs and that as a result more counterparties will start trading on-line in a shorter period of time.

I have attached below a revised version of the on-line EEI for your consideration.

The on-line EEI is a very long document, I agree.  But there are now only 2 pages of Netco changes to the EEI that our counterparties will have to review, as opposed to 8 two column pages of GTCs.  (I have spoken with Elizabeth about how best to ensure quick acceptance of the on-line documentation, and we decided to cut our other changes to the EEI down to the bare bones.)  The EEI is a widely accepted power contract, and I believe that a large number of our counterparties will prefer to trade pursuant to an on-line EEI over a GTC.  (fyi, EPMI has 98 executed EEI contracts.)

Please call me so that we can discuss.  I'd really like a chance to convince you that the EEI is the way to go before we launch with the GTCs.

Thanks,

Leslie

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Friday, January 11, 2002 10:27 AM
To:	Forster, David
Cc:	Hansen, Leslie; Taylor, Mark E (Legal); Taylor, Mark E (Legal); Cook, Mary; Sager, Elizabeth; St. Clair, Carol; Nettelton, Marcus; Portz, David; Forster, David
Subject:	RE: Power GTC

I am thoroughly confused - we are not putting the master on line.  Where is the short form GTC?  Please provide short form GTC today -  thanks.
 -----Original Message-----
From: 	Hansen, Leslie
Sent:	Thursday, January 10, 2002 1:57 PM
To:	Kitchen, Louise
Cc:	Taylor, Mark E (Legal); Cook, Mary; Sager, Elizabeth; St. Clair, Carol; Nettelton, Marcus; Portz, David; Forster, David
Subject:	Power GTC

Louise:

Attached please find the GTCs for power (with and without credit).  Please note that we are actually using the EEI Master Agreement as the on-line contract, as opposed to the traditional GTCs.  We were actually in the process of making this transition on EOL this fall, and Kevin Presto and Tim Belden have endorsed Netco's use of the EEI on-line.

Please let me know if you have any questions or comments.

Leslie

 << File: Netco Online EEI with Credit v.2.doc >>  << File: Netco Online EEI v.2.doc >>


pls, forward these to Tammy Sheppherd to incorporate in the ENA OOC reports.

Regards
Delainey


Hi Ken,

Hope you had a good weekend.

Reminder to meet me a Cafe Annice this  Tuesday at 8:00.

dp

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


The Payment status has changed on the following report:

Status last changed by:  System
Expense Report Name: sk113001
Report Total: $762.28
Amount Due Employee: $762.28
Amount Approved: $762.28
Amount Paid: $1,524.56
Approval Status: Approved
Payment Status: Paid

To review this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


The following is a summary of PG&E's CTC recovery:

So do you still feel sorry for PG&E.  Through July 2000, PG&E ratepayes have
paid for $3.9 billion in CTCs and PG&E shareholders face the risk of $1.1
billion.  Even if the ratepayers number gets reduce to $2.5 billion and the
shareholders number increases to $2.5 billion, should Californians feel bad
that they paid off half of PG&E's CTCs in exchange for frozen rates through
2001?  Although procurement costs are increasing, so are generation revenues
for hydro, nuclear, and QF contracts.  Additionally, what is the correct
value of hydro and nuclear assets.  If nuclear and hydro are valued correctly
and PG&E locks in next years prices, perhaps PG&E's shareholder may only be
at risk for $0 to 1 billion?  Would an 80/20 split between ratepayers and
shareholders for CTC liability be unreasonable?  Afterall, (1) PG&E has
delayed hydro valuation with its antics when they expected to overcollect
CTCs, (2) PG&E has been requesting astonishing increases to its T&D rates
which has resulted in squeezing headroom, and (3) PG&E chose the timing and
its assets to divest without hedging the risks; not to mention things like
irresponsibly telling customers to expect rate decreases despite their GRC
request.

Roger


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fyi - please see attached. We will be terminating category #3 employees this morning (Monday, December 10) reducing Enron Canada's workforce by 25%. As well, we have determined retention payments for category #1 & #2 employees. Please contact me directly to discuss how we coordinate Canada into your respective retention process.

Regards
Rob


Consulting Group that may be able to help with SAP stuff.


OK, since we don't appear to be able to hook up by phone...

With respect to (1), if ENA can't effectively manage the plant's positions, who can you recommend that could under the same terms?  As you recall, the equity owners do have a buyer interested in the asset, so the arrangement would probably be short-term at best.

I think the bank that has collateral rights to the asset will be concerned with the payable.  With respect to (2), did your discussions with Legal lead to any conclusions with respect to compensating the project?  What is the amount of the claim the project has back to ENA?  I agree that the project should make payments directly to the suppliers and Lone Star.

I'm around, give me a call if you get a chance.

RH

 -----Original Message-----
From: 	Farmer, Daren J.
Sent:	Wednesday, January 09, 2002 3:03 PM
To:	Hill, Garrick
Cc:	Olsen, Michael
Subject:	Tenaska IV

Rick,

We need to talk about the ability of ENA to continue its the current role as agent of Tenaska IV.

1)  Since the end on November, ENA has not been able to complete gas trading transactions.  We cannot find any counterparties to trade physical gas in Texas.  This, of course, is due to the bankruptcy.  As a result, we are not able to sale Tenaska's excess fuel.  We did contact Brazos to ask if they would buy a portion of the gas at a Gas Daily price, but they do not want it (gas daily pricing has been below the firm contract price for a while).  In December, we had to cut 10,000/day from the 7th through the 27th.  For January, we haven't had to cut yet, but I am sure that the pipe will ask us to do this in the near future.

2)  For November activity (which was settled in Dec), ENA owes Tenaska IV for the excess supply that we sold.  However, due to the bankruptcy, we could not make payments out.  ENA could not pay the suppliers or the pipeline.  James Armstrong paid the counterparties directly.  I think that he should continue to do this for Dec and Jan.  We should not transfer any funds from Tenaska IV to ENA.

I don't know how Enron's ownership in the plant factors out in the bankruptcy preceding.  But we need to determine how to go forward with the fuel management.

Please give me a call or e-mail me.  We can get together sometime Thurs or Fri morning.

D


NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Year End 2000 Performance
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To complete requests for feedback, access PEP at http://pep.corp.enron.com
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providing feedback immediately and are requested to have all feedback forms
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-------------                   ---------------                 -------------
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GAY, RANDALL L                  ROBERT A SUPERTY                Nov 01, 2000
LUCCI, PAUL T                   MARK WHITT                      Nov 02, 2000
WOLFE, JASON                    DARRON C GIRON                  Nov 06, 2000


Wow.  Don't worry about it.  Have a great time in Montana.  It will be
gorgeous up there.  You're camped out in Roseville?  You don't deserve that,
Courtney.  Good idea to find out when the deadlines are.  When you get back,
give a call and we can meet at break or have lunch or a beer after work or
something.  Considering your options and keeping them open is a great idea
and the right thing to do.  Don't stress too much.  Good luck and can't wait
to hear about Big Sky.

Best,
Jeff

	Courtney Abernathy <courtney_abernathy@yahoo.com>
	10/01/2000 09:56 PM

		 To: Jeff.Dasovich@enron.com
		 cc:
		 Subject: Re: Hectic?

Looks unlikely that we'll get to catch up this week.
I'm attempting to get to Big Sky, Montana for a
fantastic wedding weekend with my family, (Cousin
getting married).  Hopefully leaving on Thursday-we'll
see what my onsite manager says about it tomorrow. I'm
skipping class tomorrow night.
And I am working every day for the next month up in
the Roseville, land o' HP.  I'm staying up here,
commuting to school-which is what's killing me.
Plus-I have this increasing concern that I'm not
actually absorbing an MBA's worth of learning and
experiences. Alas-I'll tell you all about it when we
talk.  I sent Diane an email to get the deadlines,
etc.   Have a great time in Portland.  1/2 of the
classes?  dangerous!!
Courntey
  --- Jeff.Dasovich@enron.com wrote:
>
> Hi:  O lord.  You know, the pace at school is so
> much nicer--actually have
> time to think about things and absorb it.  But work
> has gotten so insane
> that I sympathize with your plight (since mine's the
> same).  I think I've
> maybe made it to 1/2--that's 1/2--of the finance
> classes.
>
> NORTH of Sacramento.  Are you driving to Sacramento
> every day?  Say it
> ain't so.  That's brutal.
>
> When you say full time, you mean school full time?
> That, I assume, means
> leaving your job?  Be happy to talk about it.  You
> know me---believer in
> always keeping all options open and active.  If full
> time makes sense, you
> ought to do it.
>
> Unfortunately, though, it looks like I'll be missing
> class (again) on
> Tuesday because I have to be in Portland.  If you're
> not going to Sac on
> Monday, coffee in SF during work hours works.  Or I
> could meet you during
> break on Monday.  Or we could have lunch or a beer
> after work on Thursday
> or Friday when I'm back from Portland.
>
> Hang in there.  I was worried about you--seemed
> liked you'd gone
> underground again.  Remember, life's too short to
> get too worried about it.
> Let me know what works for you.
>
> Best,
> Jeff
>
> PS  I'm spending my Saturday nite working on a
> financial reporting case.
> Hope that's modest consolation.
>
> "Strategizing?!"   (I don't think so.)
>
>
>
>
>
>                     Courtney Abernathy
>
>
>                     <courtney_abernathy@        To:
>    Jeff.Dasovich@enron.com
>
>                     yahoo.com>                  cc:
>
>
>
> Subject:     Re: Hectic?
>
>                     09/30/2000 07:52 PM
>
>
>
>
>
>
>
>
>
>
>
> Boy did I flake on the happy hour.  Jeff-I think
> I've
> gone over THE edge.  Hectic does't even work
> anymore.
>  I'm on a (fairly)good project at HP..IN SACRAMENTO,
> in fact 20 miles north of Sacramento. I LOVE the
> company, the learning, the work, the teams, the
> people, the career opportunities.  I hate the 4+
> hours
> of driving on Mondays and Tuesdays,
> strategizing(real
> word?) about balancing the needs of the team with
> getting my ass to school. I really want to talk to
> you...I'm thinking about full time and want your
> thoughts.  Are you available at break on Tuesday for
> a
> beer?
> Courtney
> --- Jeff.Dasovich@enron.com wrote:
> > Hey there stranger:
> > By the looks of your attire (very nice), and the
> > pace of you walk the other
> > night, looks like you're back in the working
> groove.
> >  Hope work is fun and
> > your classes are good.  I'm trying to get used to
> > the "no life" thing
> > again.  And you slacked on the happy hour.
> >
> > Best,
> > Jeff
> >
>
>
> __________________________________________________
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>
>
>
>

__________________________________________________
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The Payment status has changed on the following report:

Status last changed by: Kerry Harrington
Expense Report Name: emclaughlin42401
Report Total: $78.00
Amount Due Employee: $78.00
Amount Approved: $78.00
Amount Paid: $0.00
Approval Status: Pre-Approved
Payment Status: Authorized

To review this expense report, click on the following link for Concur Expense.
http://xms.enron.com


FYI.
---------------------- Forwarded by Rebecca W Cantrell/HOU/ECT on 05/25/2001
09:46 AM ---------------------------

"Tracey Bradley" <tbradley@bracepatt.com> on 05/25/2001 08:36:47 AM
To: <Jeff.Lam@BCHydro.bc.ca>, "Aryeh Fishman" <afishman@bracepatt.com>,
"Andrea Settanni" <asettanni@bracepatt.com>, "Charles Ingebretson"
<cingebretson@bracepatt.com>, "Charles Shoneman" <cshoneman@bracepatt.com>,
"Deanna King" <dking@bracepatt.com>, "Dan Watkiss" <dwatkiss@bracepatt.com>,
"Gene Godley" <ggodley@bracepatt.com>, "Kimberly Curry"
<kcurry@bracepatt.com>, "Michael Pate" <mpate@bracepatt.com>, "Marc F.
Racicot" <mracicot@bracepatt.com>, "Neil Giles" <ngiles@bracepatt.com>, "Paul
Fox" <pfox@bracepatt.com>, "Ronald Carroll" <rcarroll@bracepatt.com>,
"Randall Rich" <rrich@bracepatt.com>, "Scott Segal" <ssegal@bracepatt.com>,
<agold@coral-energy.com>, <mdpalmer@coral-energy.com>,
<rreilley@coral-energy.com>, <ccopat@e-z.net>, <susan.ginsberg@elpaso.com>,
<joe.hartsoe@enron.com>, <Rebecca.W.Cantrell@enron.com>, <smara@enron.com>,
<bkostiner@exchange.ml.com>, <Jlimone@exchange.ml.com>,
<pat.cradock@huskyenergy.ca>, <kmagruder@newpower.com>,
<doug.little@powerex.com>, <sheena.macdonald@powerex.com>,
<jwade@sidrichgas.com>, <jcardell@tca-us.com>, <tabors@tca-us.com>
cc:
Subject: Reuters -- FERC told Calif natgas to reach limit this summer

FYI

Thursday May 24, 4:11 pm Eastern Time

FERC told Calif natgas to reach limit this summer
By Julie Vorman

WASHINGTON, May 24 (Reuters) - Natural gas supplies will be stretched to the
limit this summer in California, but demand will ease during the next four
years as utilities become more efficient and hydropower supplies resume, a
state regulator told the Federal Energy Regulatory Commission Thursday.

FERC staff held a technical conference to gather information about
California's natural gas demand outlook from state officials, intrastate
pipelines, interstate pipelines, marketers and others.

A spike in wholesale electricity prices in the nation's most populous state
has been blamed partly on a bottleneck in natural gas pipelines. Many of
California's electricity generation plants are fueled with natural gas.

Bill Wood, the chief natural gas forecaster for the California Energy
Commission, said demand would be about 6.9 billion cubic feet (bcf) per day
this year. That compares with 6.7 bcf per day last year and 5.5 bcf in 1995,
he said.

The state's thirst for natural gas will fall slightly in 2002 and remain flat
for four years as utilities become more efficient at squeezing electricity
out of gas, he said. Hydropower imported from the Pacific Northwest should
also return to normal levels after this year's drought and displace some of
the gas now being used, Wood told the conference.

NATGAS STRANDED AT BORDER

Forecast demand of 6.9 bcf this year means interstate pipelines bringing
natural gas supplies into California will be pushed to their limit.

The interstate pipelines feeding the state with gas from the Rocky Mountains,
New Mexico and other out-of-state fields have a capacity of 7 bcf per day,
Wood said.

But California's intrastate pipelines that pick up the gas can receive a
maximum of 6.7 bcf per day, leaving 3 million cubic feet of gas ``stranded at
the border,'' he said.

Wood and other officials said Sempra Energy's (NYSE:SRE - news) Southern
California Gas Co, which serves San Diego and the southern portion of the
state, had especially tight supplies.

Lad Lorenz, director of SoCal Gas capacity and operations, told the FERC
conference the company had ``adequate'' transmission capacity for its
customers. Although the lack of hydropower imports from the Northwest has
increased gas demand by 600 million cubic feet per day on SoCal Gas' system,
the firm still has enough capacity to handle it, he said.

``We don't anticipate any problems meeting electricity generation demand this
summer,'' Lorenz said. ``We don't project any curtailments.''

To help cope with this summer's tightness, SoCal Gas is awaiting state
approval of its plan to add capacity of more than 50 million cubic feet per
day by salvaging its Montebellow storage field, Lorenz said. It also plans to
convert about 14 bcf of ``cushion'' gas -- which is used to maintain adequate
pressure in a storage facility -- into working gas.

The company also has up to 200 million cubic feet per day of interruptible
capacity, he said.

SoCal Gas is spending $55 million on four projects to expand capacity by a
total of 475 million cubic feet of firm backbone transmission capacity to its
system, he said. The projects should be completed by year-end, if they
received quick environmental approvals.

INTERSTATE PIPELINES HURRY TO EXPAND

Interstate pipelines said they were planning ways to get more natural gas to
the California border, through upgraded compression equipment and brand-new
pipelines.

El Paso Pipeline is planning to convert the All-America oil pipeline to
natural gas, said Patricia Shelton, president of El Paso's western pipeline
group.

That line, which was recently approved by FERC, will ship about 230 million
cubic feet per day of natural gas from Texas to the California border by
autumn.

``We're doing this on our dime to loosen up our system,'' Shelton said.

A major new interstate line, the Sonoran Pipeline, has been proposed in a
joint venture by Calpine Corp and Kinder Morgan. The 1,000-mile pipeline
would ship 1.5 billion cubic feet of gas each day from Blanco, New Mexico to
the San Francisco Bay area.

The companies are trying to get 20-year contract commitments from customers
to determine if the nearly $2 billion pipeline is economically feasible, said
Craig Chancellor of Calpine.

Kern River Gas Transmission, a unit of the Williams Cos (NYSE:WMB - news) ,
is planning an expansion of its interstate pipeline to add 906 million cubic
feet per day of gas. The project, due to be completed by May 2003, will cost
more than $1 billion, said Kirk Morgan, director of business development for
Kern River Gas Transmission.

Kern River also plans a temporary expansion of its pipeline to add 135
million cubic feet of capacity. The extra capacity will be available in July
through next year, due to air quality restrictions.

FERC's three commissioners, who are wrestling with other California power
issues, did not attend the technical conference.


I'm actually trying to go through all my email from the week.  What a pain in
the ass.  As soon as I finish one, another appears in my inbox.  So how's
life at ucla?

Eleanor Fraser <efraser@anderson.ucla.edu> on 09/14/2000 06:07:11 PM
To: John.Arnold@enron.com
cc:
Subject: Re: ??

I think Yelena put a hit out on me all the way from Chicago
for sending those pictures!  I had no idea they would open
right away--they were supposed to be attachments.  Oops.  I
thought they were quite cute.

How are ya?  And what are you doing at work--I thought you
gas guys all left at 3!
:-) elf

On Thu, 14 Sep 2000 John.Arnold@enron.com wrote:

>
> why would i be???
>
>
>
>
> Eleanor Fraser <efraser@anderson.ucla.edu> on 09/14/2000 06:02:57 PM
>
> To:   john.arnold@enron.com
> cc:
> Subject:  ??
>
>
> So--are you really pissed at me?
>
> :-) eleanor
>
>
>
>
>
>


Thanks.  Unless someone catches me, I'm out at 430.

"Neil Mann" <nmann@erac.com> on 10/13/2000 04:22:39 PM
Please respond to <nmann@erac.com>
To: "C. Kay Mann (E-mail)" <Kay.Mann@Enron.com>
cc:

Subject: Doctors list

The web site is www.group.genam.com


Where do you guys want to take me?

"Germany Jr, Don (WD)" <WDGERMANYJR@dow.com> on 09/20/2000 10:32:01 AM
To: "'Chris.Germany@enron.com'" <Chris.Germany@enron.com>, "Germany Jr, Don
(WD)" <WDGERMANYJR@dow.com>, germanj@basf-corp.com
cc:
Subject: RE: Thursday Night

It is up to you guys.

dg

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: Wednesday, September 20, 2000 10:23 AM
To: WDGERMANYJR@dow.com; germanj@basf-corp.com
Subject: Re: Thursday Night

What if we did this tonight?  I have a work shindig tomorrow night that I
just found out about.

---------------------- Forwarded by Chris Germany/HOU/ECT on 09/20/2000
10:22 AM ---------------------------

Chris Germany
09/20/2000 08:21 AM

To:   "Germany Jr, Don (WD)" <WDGERMANYJR@dow.com> @ ENRON,
      germanj@basf-corp.com
cc:
Subject:  Re: Thursday Night  (Document link: Chris Germany)

Jerry, this may be news to you.  I would like for the 3 of us to have
dinner Thursday evening and you are buying.

Comments - questions?


Murray,

Sally Beck and Leslie Reeves are both on vacation this week.  Sally will need
to discuss this with Leslie next week when they return to the office and get
back with you then.

Patti Thompson (x39106),
Sally's Assistant

Murray P O'Neil
03/14/2001 07:15 PM
To: Tim Belden/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Sally
Beck/HOU/ECT@ECT, Beth Perlman/HOU/ECT, Steve Nat/Corp/Enron, Lloyd
Will/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, TAllen@ect.enron.com
cc:
Subject: VMS Project Next Steps

All,

It has been a very successful year for the Enron / Razorfish VMS project
Team.  We have been developing a Direct Access Power Market, user managed,
tariff based calculation engine and customer expense / revenue allocation
application.

The efforts which have taken place to date will benefit each of us as we move
forward into these deregulated Direct Access markets.  The current
application has gone through the following evolution:

Project Definition & Design documentation
Database Design / Development
User Interface Design / Development
Communication layer (COM) Design / Development
Hardware requisition / Implementation (Development / Test / Production)
Arthur Anderson Audit (Passed Audit review - Application meets all minimum
requirements)
The Major Functionality / Action Items which have been delivered to date:
Security Management (Only IT Resources to have access)
Event / Task Management & Reporting
Component / Equations Management & Reporting
Estimation Generation Management & Reporting
Counter Party Profile Management & Reporting
Settlement Entity Profile Management & Reporting
Deal-Upload Management & Reporting
Integrated Dispute Management & Reporting
Customer Generation Charge Profile & Reporting
Historical Data Conversion mechanism
95 % of Calculation Engine Original Functional Requirements

The Major Functionality which is under it's final steps of Development and
User Test
Reconciliation (Exception Identification, Allocation & Reporting)
Settlement Entity - Settlement Statement / Invoice Parsing & Reporting
Remaining 5% of Calculation Engine Functionality

Over the past 12+ months a total of $3 MM dollars has been spend on VMS.  We
are reaching the final phase of this project and I am not sensing that
everyone is still on board with this being OUR (Enron) Volume Management
strategic solutions for Direct Access Power Markets.

As of March 1, 2001 we no longer have a contract in place with Razorfish.
Razorfish has provided six developers dedicated to assist the Enron Networks
IT staff in delivering the VMS solution over the past year.  These resources
have been key in helping us get to where we are today.  In addition we had
originally planned to retain these resources over the remainder of 2001
(03/2001 - 12/2001) to assist with the implementation of VMS on the West &
East Desk and in the Toronto Canada office.  Without a contract in place and
currently working on good faith.  The project has come to a serious point of
action.  Razorfish is asking for a total of $728,000 for services rendered
between 3/1/2001 and 6/30/2001.  They will keep the resources dedicated to
the project and will deliver the following:
Finalise base product development, assist in unit / user testing and
Implement base VMS Product in Production.
Application Production Support for 30 Days post Implementation
Transition of knowledge base from Razorfish resources to Enron Networks IT
resources

Razorfish is willing to discuss terms to assist Enron throughout the
remainder of the year.  However,  I don't feel that everyone is ready to make
that decision.  We do however need to make a final decision on this first
implementation.

As I have stated prior in this document,  "We have accomplished a lot over
the past year."  Without the continued assistance from the Razorfish portion
of the VMS team.  I don't see any of us meeting our 2001 Volume Management
(VM) Direct Access Power Market objectives in a more efficient or economical
fashion.  In some cases I don't see it being possible at all.

It is time to make a decision.  Do we all agree that we need to move forward
and retain Razorfish services for the additional $728,000 and incur each of
OUR allocation of the over all VMS capitalised project total cost or do we
stop where we are and find other solution to address our needs and debate
over who was in agreement in the beginning of the project in order to
determine who picks up the $3 MM already spent.

Please provide me with your response by 5:00 PM PT to allow me to get back to
Razorfish with a well deserved response by Friday.

Thanks - MO


Amy:

Attached please find a short "Bio" for Dr. Kaminski.  Please let me know
if I can help further.

Amy Aldous <aaldous@watarts.uwaterloo.ca> on 03/30/2000 11:24:13 AM
To: Vince.J.@uwaterloo.ca.Kaminski@enron.com
cc: Shirley.Crenshaw@enron.com
Subject: Energy Derivatives Conference - May 29, Toronto

Dear Mr. Kaminski,

I have just spoken with Phelim Boyle, who was very pleased to report that
you will be speaking at our Energy Derivatives Conference in Toronto on May
29.

I understand that the title of your presentation is "Current Challenges in
Pricing and Risk Management of Energy Derivatives."  Would you also be
available and willing to join a panel discussion/question and answer period
at the end of the day?

Speakers, with tentative titles, to follow you are:

Corwin Joy (Positron, Houston)
"Modeling physical assets: real option theory applied to generation assets"
David Emanuel (Williams, Tulsa)
"Modeling issues in power markets"
Shijie Deng (Georgia Institute of Technology, Atlanta)
"Research on pricing electricity derivatives and the basic models"
Melanie Cao (Queen's University, Kingston Ontario)
"Equilibrium pricing of weather derivatives"
Panel discussion

Perhaps Ms. Crenshaw could send me your short biographical sketch, by email
or fax (519) 888-7562 so that I can proceed with promoting this event as
soon as possible.

Many thanks,

Amy

**************************************
Amy Aldous, Conference Co-ordinator
Centre for Advanced Studies in Finance
University of Waterloo
Waterloo, ON   N2L 3G1
Tel: (519) 888-4567 ext. 5728
Fax: (519) 888-7562
Email: aaldous@uwaterloo.ca
**************************************


Ok.

Best of Luck - Rice is a good school.

Maggie Li @ EES   02/12/2001 10:25 AM

To: Rob G Gay/NA/Enron@Enron
cc: Blanca Bollom/NA/Enron@Enron

Subject: Regarding the recommendation letter

Rob,

Last Friday, I learned from an Enron employee who is currently enrolled in
the Rice's EMBA program that I had great chance to get admitted to the
program. So I decided not to apply to Yale. If you haven't started working on
the recommendation letter, please discard it. I appreciate your previous help
and will keep you posted.

Thanks again.

Blanca,  Thank you very much for your help in the process.

Maggie


Sara:

Joe Hunter and I enjoyed meeting with you earlier today.

I've attached a file which includes the new index language for your review,
including hours
for on-peak and off-peak for each one.

(the Palo Verde and SP15 language has been created before, but since
Edith Cross requested these as well, I included them here)

We are looking forward to working with you in reviewing this language for the
new indices.

Regards,

David Dupre
3-3528


Stephanie -
I believe I've found these trades. The first one already had Bloomberg in as the broker along with the appropriate flat fee. The second deal did not have a broker or fee in it - those have been added. Please let me know if you still don't see the trades.

639921 (Geir Solberg) - Sell AEP/25 MW/SP-15/$105 - Deal flows hours 14 through 18, and broker fee reflects $15 flat times 4 trades - $60

640346 (David Porter) - Sell TransAlta/50 MW/SP-15/$105 - Deal flows for HE 16, and broker fee reflects $15

Thanks,
Kate

 -----Original Message-----
From: 	Piwetz, Stephanie
Sent:	Friday, June 08, 2001 2:03 PM
To:	Symes, Kate
Subject:	Bloombergs hourly SELL 25 SPH15 at 105.0000 - AEP SERVICE CORP.

Kate, I believe there are 5 trades below, that I cannot find in system
thanks

Stephanie Piwetz/HOU/ECT on 06/08/2001 04:01 PM ---------------------------

"BLOOMBERG POWERMATCH " <POWERMATCH@bloomberg.net> on 06/08/2001 10:47:03 AM
To:
cc:
Subject:	SELL  25 SPH15    at 105.0000 - AEP SERVICE CORP.

SELL  25 SPH15    at 105.0000 - AEP SERVICE CORP.
Trade  10 RefID 20010608440010 on 06/08/2001
Buyer  : AEP SERVICE CORP.                               (AGGR)
DAVID BAKER                              Phone 614-324-5027
Seller : ENRON POWER MARKETING INC. (WEST)
GEIR SOLBERG                             Phone 503 464 3808
Delivery: Physical power, CAL ISO SP15
Type : Financ. firm, w/liquidated damages, CAISO firm energy
Dates: 6/08/2001 through 6/08/2001
Hours: 1400 - 1459  Pacific Prevailing Time
Rate : 25 Megawatts per hour
Rate      25 MWh at USD     105/MWh, Total      25 MWh
Commission Fee : USD   15.00 (FLAT)

--------------------------------------------------------------------------------
Buyer and Seller acknowledge that all aspects and terms of this transaction were determined and agreed to solely by the
Buyer and the Seller and compliance with the terms of this transaction is strictly their obligation. If any dispute
occurs, or if Buyer and Seller fail to reach agreement on all of the terms of this transaction, Buyer and Seller agree
to hold Bloomberg Powermatch LLC, Bloomberg L.P. and each of their affiliates and successors harmless from any and all
liabilities that may result therefrom.

---------------------- Forwarded by Stephanie Piwetz/HOU/ECT on 06/08/2001 04:01 PM ---------------------------

"BLOOMBERG POWERMATCH " <POWERMATCH@bloomberg.net> on 06/08/2001 10:47:06 AM
To:
cc:
Subject:	SELL  25 SPH16    at 105.0000 - AEP SERVICE CORP.

SELL  25 SPH16    at 105.0000 - AEP SERVICE CORP.
Trade  12 RefID 20010608440012 on 06/08/2001
Buyer  : AEP SERVICE CORP.                               (AGGR)
DAVID BAKER                              Phone 614-324-5027
Seller : ENRON POWER MARKETING INC. (WEST)
GEIR SOLBERG                             Phone 503 464 3808
Delivery: Physical power, CAL ISO SP15
Type : Financ. firm, w/liquidated damages, CAISO firm energy
Dates: 6/08/2001 through 6/08/2001
Hours: 1500 - 1559  Pacific Prevailing Time
Rate : 25 Megawatts per hour
Rate      25 MWh at USD     105/MWh, Total      25 MWh
Commission Fee : USD   15.00 (FLAT)

--------------------------------------------------------------------------------
Buyer and Seller acknowledge that all aspects and terms of this transaction were determined and agreed to solely by the
Buyer and the Seller and compliance with the terms of this transaction is strictly their obligation. If any dispute
occurs, or if Buyer and Seller fail to reach agreement on all of the terms of this transaction, Buyer and Seller agree
to hold Bloomberg Powermatch LLC, Bloomberg L.P. and each of their affiliates and successors harmless from any and all
liabilities that may result therefrom.

---------------------- Forwarded by Stephanie Piwetz/HOU/ECT on 06/08/2001 04:01 PM ---------------------------

"BLOOMBERG POWERMATCH " <POWERMATCH@bloomberg.net> on 06/08/2001 10:47:04 AM
To:
cc:
Subject:	SELL  25 SPH18    at 105.0000 - AEP SERVICE CORP.

SELL  25 SPH18    at 105.0000 - AEP SERVICE CORP.
Trade  11 RefID 20010608440011 on 06/08/2001
Buyer  : AEP SERVICE CORP.                               (AGGR)
RON LESHINSKI                            Phone 614-324-5079
Seller : ENRON POWER MARKETING INC. (WEST)
GEIR SOLBERG                             Phone 503 464 3808
Delivery: Physical power, CAL ISO SP15
Type : Financ. firm, w/liquidated damages, CAISO firm energy
Dates: 6/08/2001 through 6/08/2001
Hours: 1700 - 1759  Pacific Prevailing Time
Rate : 25 Megawatts per hour
Rate      25 MWh at USD     105/MWh, Total      25 MWh
Commission Fee : USD   15.00 (FLAT)

--------------------------------------------------------------------------------
Buyer and Seller acknowledge that all aspects and terms of this transaction were determined and agreed to solely by the
Buyer and the Seller and compliance with the terms of this transaction is strictly their obligation. If any dispute
occurs, or if Buyer and Seller fail to reach agreement on all of the terms of this transaction, Buyer and Seller agree
to hold Bloomberg Powermatch LLC, Bloomberg L.P. and each of their affiliates and successors harmless from any and all
liabilities that may result therefrom.

---------------------- Forwarded by Stephanie Piwetz/HOU/ECT on 06/08/2001 04:01 PM ---------------------------

"BLOOMBERG POWERMATCH " <POWERMATCH@bloomberg.net> on 06/08/2001 10:47:02 AM
To:
cc:
Subject:	SELL  25 SPH17    at 105.0000 - AEP SERVICE CORP.

SELL  25 SPH17    at 105.0000 - AEP SERVICE CORP.
Trade   9 RefID 20010608440009 on 06/08/2001
Buyer  : AEP SERVICE CORP.                               (AGGR)
RON LESHINSKI                            Phone 614-324-5079
Seller : ENRON POWER MARKETING INC. (WEST)
GEIR SOLBERG                             Phone 503 464 3808
Delivery: Physical power, CAL ISO SP15
Type : Financ. firm, w/liquidated damages, CAISO firm energy
Dates: 6/08/2001 through 6/08/2001
Hours: 1600 - 1659  Pacific Prevailing Time
Rate : 25 Megawatts per hour
Rate      25 MWh at USD     105/MWh, Total      25 MWh
Commission Fee : USD   15.00 (FLAT)

--------------------------------------------------------------------------------
Buyer and Seller acknowledge that all aspects and terms of this transaction were determined and agreed to solely by the
Buyer and the Seller and compliance with the terms of this transaction is strictly their obligation. If any dispute
occurs, or if Buyer and Seller fail to reach agreement on all of the terms of this transaction, Buyer and Seller agree
to hold Bloomberg Powermatch LLC, Bloomberg L.P. and each of their affiliates and successors harmless from any and all
liabilities that may result therefrom.

---------------------- Forwarded by Stephanie Piwetz/HOU/ECT on 06/08/2001 04:01 PM ---------------------------

"BLOOMBERG POWERMATCH " <POWERMATCH@bloomberg.net> on 06/08/2001 01:14:46 PM
To:
cc:
Subject:	SELL  50 SPH16    at 105.0000 - TRANSALTA ENERGY MARKETING (US)

SELL  50 SPH16    at 105.0000 - TRANSALTA ENERGY MARKETING (US)
Trade  21 RefID 20010608440021 on 06/08/2001
Buyer  : TRANSALTA ENERGY MARKETING (US) INC.
LANA SMITH                               Phone 403-267-6956
Seller : ENRON POWER MARKETING INC. (WEST)               (AGGR)
GEIR SOLBERG                             Phone 503 464 3808
Delivery: Physical power, CAL ISO SP15
Type : Financ. firm, w/liquidated damages, CAISO firm energy
Dates: 6/08/2001 through 6/08/2001
Hours: 1500 - 1559  Pacific Prevailing Time
Rate : 25 Megawatts per hour
Rate      50 MWh at USD     105/MWh, Total      50 MWh
Commission Fee : USD   15.00 (FLAT)

--------------------------------------------------------------------------------
Buyer and Seller acknowledge that all aspects and terms of this transaction were determined and agreed to solely by the
Buyer and the Seller and compliance with the terms of this transaction is strictly their obligation. If any dispute
occurs, or if Buyer and Seller fail to reach agreement on all of the terms of this transaction, Buyer and Seller agree
to hold Bloomberg Powermatch LLC, Bloomberg L.P. and each of their affiliates and successors harmless from any and all
liabilities that may result therefrom.

<Embedded Picture (Device Independent Bitmap)>
<Embedded Picture (Device Independent Bitmap)>
<Embedded Picture (Device Independent Bitmap)>
<Embedded Picture (Device Independent Bitmap)>
<Embedded Picture (Device Independent Bitmap)>


The reason for the memo before was because the India guys still don't
understand.  Hopefully this clears up their ideas about a separate marketing
and trading shop in India.

Have you had time to think about Russell Dyke?

Jeff


Further to our conversation,  attached is ENA's sample master agreement for
your consideration.  Please note this is a SAMPLE  agreement for negotiation
purposes only, and is not the complete Enfolio Enron North America Corp.
Master Agreement.

Please do not hesitate to give me a call with any questions or comments.

Regards,
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


Mark:  As per our

 -----Original Message-----
From: 	Jameson, Lance
Sent:	Wednesday, August 01, 2001 10:20 AM
To:	Dziadek, Keith; Bucknell, Martin; Castrejana, Pete; Imam, Hasan
Cc:	Rub, Jenny; Bulgawicz, Susan
Subject:	RE: MFN Liens - ECS financing
Sensitivity:	Confidential

Yes it is related to ECS.  The company is RHC Enterprise (Rob Christian).  Although we don't know that the entire $1MM relates to us.

 -----Original Message-----
From: 	Dziadek, Keith
Sent:	Wednesday, August 01, 2001 10:09 AM
To:	Jameson, Lance; Bucknell, Martin; Castrejana, Pete; Imam, Hasan
Cc:	Rub, Jenny; Bulgawicz, Susan
Subject:	RE: MFN Liens - ECS financing
Sensitivity:	Confidential

What is the second hand info on the $1MM lien?  Is it related to ECS?

 -----Original Message-----
From: 	Jameson, Lance
Sent:	Wednesday, August 01, 2001 10:04 AM
To:	Bucknell, Martin; Castrejana, Pete; Imam, Hasan; Dziadek, Keith
Cc:	Rub, Jenny; Bulgawicz, Susan
Subject:	MFN Liens - ECS financing
Importance:	High
Sensitivity:	Confidential

EPSC advised that we have received notice that an $83,210 lien will be filed by Fisk Electric against MFN for work relating to ECS.

Further, we have second hand information inside our team that indicates a second company may file a $1MM lien against MFN.

It is imperative that we resolve this issue.  Building financing cannot be closed with any liens outstanding.

Because we have benefited from Fisk's and any other contractors efforts in ECS contracted for by MFN; should MFN fail to resolve liens against them we will be required to clear the liens on their behalf in order to obtain financing.

While the second lien is hearsay at this point, we should reassess our risk analysis regarding our strategy of relying solely on MFN.

I have recommended to Hasan and Pete that we run an D&B and a credit check.  These services can be obtained through GSS.  I can coordinate if needed.


-----Original Message-----
From: 	Grigsby, Mike
Sent:	Tuesday, October 02, 2001 3:30 PM
To:	Dorland, Chris; Cowan, Mike
Subject:	Shut - In costs

I am guessing that you guys have market knowledge of shut-in costs for western Canada.  We have heard all of the typical low price rumors of Rockies shut-ins at a dollar.  I am going to put Steve South and Paul Lucci in charge of presenting a shut-in analysis by field in the Rockies and san juan.  What do I need to have these guys look at in terms of variable costs.  Is it as simple as gathering and processing?

Let me know your thoughts.

Thanks,
Grigsby


The report named: West VaR and Peak Position Report By Trader <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=26&report_name=West+VaR+and+Peak+Position+Report+By+Trader&category_cd=6&category_name=WEST&toc_hide=1&sTV1=6&TV1Exp=Y&current_efct_date=01/07/2002>, published as of 01/07/2002 is now available for viewing on the website.


We have received an executed financial Master Agreement:

Type of Contract:		ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:			July 5, 2001

Enron Entity:			Enron North America Corp.

Counterparty:			Doublewood XLIM Fund Ltd. (The)

Transactions Covered:		Approved for all products with the exception of:   Foreign Exchange

Confirming Entity:		Enron North America Corp.

Governing Law:			New York

Special Handling Requirements:
(a) ENA is Calculation Agent, unless a Potential Event of Default or an Event of Default exists with respect to ENA,
then Counterparty will act as Calculation Agent or will appoint a third party to act as such.

(b)  Counterparty has three (3) Local Business Days to accept or dispute a Confirmation.

Copies will be distributed.

Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3803A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
Email: Susan.Bailey@enron.com


Thank you for the beautiful floral arrangment.  It looked sooo nice for our dinner saturday night.  What does your mom think about the merger??  It would be great if she ended up at conoco's office....SHORT DRIVE!!  Hopre your family is well...may you, Pat and Erin have a great holiday!!  I'll try to call your mom later.

Natalie


Can you approve the bom+1 product for HSC-Hehub?

Thanks,

Eric


Yes, I am planning on attending.  I need directions.  Thanks.  Mark


For those that have not seen this analysis, attached please find a note from
Mary Schoen detailing the serious physical shortage problems that may occur
this Summer in CA.

Jim

----- Forwarded by James D Steffes/NA/Enron on 02/26/2001 08:51 AM -----

	Mary Schoen
	02/22/2001 02:55 PM

		 To: Neil Bresnan/HOU/EES@EES, Alan Comnes/PDX/ECT@ECT, Jubran
Whalan/HOU/EES@EES, Kristin Walsh/HOU/ECT@ECT, Clayton Seigle/HOU/ECT@ECT,
Jeffrey Keeler/Corp/Enron@ENRON, James D Steffes/NA/Enron@Enron, Harry
Kingerski/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Janel
Guerrero/Corp/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Paul Kaufman/PDX/ECT@ECT
		 cc:
		 Subject: CA Supply Realities

Attached is a memo comparing the CEC's forecasted supply and a more realistic
look at what additional resources might be available this summer.

The bottom line is that:

1.  The CEC significantly underestimates the outages that may occur this
summer.  They estimate in their 5,000 MW supply deficit for the summer that
expected outages will be around 3,000MW.  However, November and December saw
significantly higher outage levels.  (7,265 MWs) The FERC has investigated
these outages and found no improprieties- just that the plants are overtaxed
from running at higher than normal capacities.

2.  There are a lot of uncertainties surrounding the 1,244 MWs of projected
supply from rerating/restarting existing thermal and renewable projects.  It
is very unclear how much of this will be able to come on line by this summer,
if at all.  As evidenced by the e-mail I sent out this morning, local
communities may be very opposed to restarting shut down units.  In addition,
these units are likely to be uneconomical.

3.  In the existing resource pool, there are roughly 1,430 MWs of peaking or
other generation units that are running up against their operating hour
limitations from air quality regulations.  The Governor has ordered the local
air quality districts to address these restrictions,  We are beginning to
seem some movement; however, the US EPA has yet to weigh in on these relaxed
standards.

4.  The distributed generation/back-up generation capacity to make up some of
the shortfall is still an unknown.  While there has been some relaxing of the
limitations on run hours for back-up generation at "essential public
services" the increase in DG is expected from "clean" sources, not diesel
emergency generators.

5.  The CEC is doing everything it can to get 50+ MW peaking units on-line by
this summer.  They are promising a 21-day permit application approval process
and are offering to pay half of the cost of offsets, for "clean" sources of
generation in critical areas.

Please let me know if you have any questions or need additional information.

CEC's Summer Forecasted Peak Demand - Resource Balance:

List of Peakers running into their operating hour limitations:

Also available in hard copy format only:
(please e-mail me your fax number if you'd like a copy)

Table 1:  Fully Executed CA ISO Summer Reliability Agreements (the ISO
Peaking Facilities)
Table 2:  Summer 2001 Supply Options - Renewables Construction Status Summary
Table 3:  Summer 2001 Supply Options - Rerate of Non-CEC Projects
Table 4:  Summer 2001 Supply Options - CEC Rerate Status Summary
Table 5:  Idle Biomass Plants Potentially Capable of Restart
Mary Schoen
Environmental Strategies
Enron Corp
713-345-7422


Thanks

 -----Original Message-----
From: 	Campos, Sylvia A.
Sent:	Wednesday, December 19, 2001 1:53 PM
To:	Germany, Chris
Subject:	RE: Contracts

Chris,
We do not have a copy on any of the following contracts.

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, December 19, 2001 1:05 PM
To:	Campos, Sylvia A.
Subject:	FW: Contracts

Here is another contract I need;

Pipeline		Contract #	Comment
Tenn		15692		IT storage, ENA has gas parked on this contract that was suppossed to come out in Dec  2001.

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, December 19, 2001 10:25 AM
To:	Hilliard, Marlene
Subject:	Contracts

I have 2 more contracts I'm looking for

Pipeline		Contract #	Comment
CGAS		67401		Park & Loan deal
CGAS		70457 		Park & Loan deal

Let me know when you get these and I'll come get them.

Thanks


Title: Crude Oil Price Outlook after September 11
URL(s):

http://www20.cera.com/eprofile?u=35&m=2743;

***********************************************************************

CERA's CRUDE OIL PRICE OUTLOOK

In this uncertain environment, CERA has made assumptions about how events will
unfold in order to form a price outlook, and then has assessed the risks.

* CERA's revised oil demand forecast is for a gain of just 0.3 million
barrels per day (mbd) in 2002. The trend during 2002 is for a sharp year-on-
year drop in demand in the first quarter of 0.7 mbd,, followed by a 1.3 mbd
increase in the fourth quarter as economic recovery sets in.

* Contrasting against this message of very weak oil demand growth is CERA's
outlook for a 1.0 mbd year-on-year gain in non-OPEC supply in 2002.

* As a result, the potential exists for a dramatic oversupply of oil next
year unless OPEC restrains its production. CERA's view is that OPEC continues
to restrain production in late 2001 and 2002 in an attempt to shore up prices.

**end**

Follow above URL for complete report (10 printed pages).

E-mail Category: Decision Brief
CERA Knowledge Area(s): Global Oil

***********************************************************************
***********************************************************************
CERA's Autumn 2001 Roundtable event dates and agendas
are now available at http://www20.cera.com/event
***********************************************************************

To make changes to your cera.com profile go to:
http://www20.cera.com/client/updateaccount

Forgot your username and password? Go to:
http://www20.cera.com/client/forgot

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www20.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


Thanks for the material.  I've been really busy at work.  At some point when
I have more of a break I'll call you.


Well, you never know...
Got back into the office today after taking two days off with Sheila and
family in Fredricksburg to find a thick envelope from Mertz Ranch Company
buried in my "in box". Did not know what to expect, had visions of Mertz
mailing it back with a note saying forget it.
Instead, the lease was signed and dated and had a nice note saying "thanks".

Go figure.

We've got a lease for four more years. Same deal, same contract as the last
three years, just 6K more a year. Price remains the same this year. next
year it is 2k a year per spot and we will need to add one spot. Still
waiting on Chet. Would like to know who McCombs would suggest if Chet does
not commit. Lease requires Mertz to spent 2k a year on protien feed. He and
I can agree in writing to reduce or increase that amount with a
corresponding reduction or increase in lease cost. Term is April 1, 2002 to
April 1 2005; exclusive right to hunt turkey and deer, spring turkey
starting the third weekend in april.

I'm pleased. Hope you are, too.

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


FYI
 Jim Derrick

-----Original Message-----
From: enron_update@concureworkplace.com@ENRON [NOTES:enron_update@concureworkplace.com@ENRON]
To: James Derrick Jr. <jderric@enron.com>
Sent: Thu Oct 11 01:23:02 2001
Subject: <<Concur Expense Document>> - Trip to Washington

The Payment status has changed on the following report:

Status last changed by:  System
Expense Report Name: Trip to Washington
Report Total: $1,430.80
Amount Due Employee: $1,430.80
Amount Approved: $1,430.80
Amount Paid: $1,430.80
Approval Status: Approved
Payment Status: Paid

To review this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


Bill,

Thanks a lot.

Vince

	Enron North America Corp.

	From:  Bill Cordes @ ENRON                           01/11/2000 08:31 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Congratulations

Congrats on your promotion to MD. I appreciate the work you group is doing
for ET&S, and I know the promotion is well deserved.

    Bill Cordes


---------------------- Forwarded by Kay Mann/Corp/Enron on 06/01/2001 04:14
PM ---------------------------
From: Ben Jacoby/ENRON@enronXgate on 06/01/2001 04:09 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway

I'm sorry. TECO and Ft. Pierce Utility Authority.

 -----Original Message-----
From:  Mann, Kay
Sent: Friday, June 01, 2001 1:35 PM
To: Jacoby, Ben
Subject: RE: Midway

I need the name of the other party involved in Ft Pierce so that John can
clear conflicts.

From: Ben Jacoby/ENRON@enronXgate on 06/01/2001 12:24 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway

Can we assume this will also cover Ft. Pierce?

 -----Original Message-----
From:  Mann, Kay
Sent: Friday, June 01, 2001 10:09 AM
To: jkeffer@kslaw.com; Jacoby, Ben
Subject: Midway

Mark Haedicke approved the hiring of King & Spalding for this matter.  I will
drop Mr. Derrick a voice mail, but I would faint if he objected.

John, we need to talk about the sale of the LLC, and the generation of a
draft doc re same.  Please let me know if you are available today to discuss
this transaction with Sr. Jacoby and me.  Additionally, it would be helpful
to discuss the tolling arrangement with Ken.

Thanks,

Kay


Novec is pulling 178 dth/d from Enron's M/L pool via an entity called
America's Energy. There is 103 dth/d that is labeledas CES which is not
connecting on Navigator. Do you know who this belongs to?
Cindy

Chris Germany@ECT
02/01/2000 02:27 PM
To: Jesse Villarreal/HOU/ECT@ECT, Cynthia Franklin/Corp/Enron@ENRON
cc: Katherine L Kelly/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT

Subject: CES sale at Mainline

According to Brian at CES, we sold CES 2987/month for Feb and 2387/month for
Mar at CGLF Mainline (deal 150380).  Brian said the customer is Novac and
that Cindy might have a contact there.

Let me know if we still have problems.

Thanks
cg


HI PAUL;          27SEPT01
WERE STILL IN OREGON-AT SUNRIVER CLEANING UP SUMMER RENTER'S MESSES.  IT WAS A FAIRLY GOOD RENTAL SEASON CONSIDERING ALL THE SHIT FLINGING IN THE WORLD.  WILL BE BACK AT COAST NEXT TUESDAY.  PHONE THERE IS;  541-764-5223.  HEADING BACK TO AZ END OF OCT.  COME SEE US.
     LOVE -DAD -  STAY OFF AIRPLANES.


I've gone through most of the CES stuff for Jan.  I'm missing several demand
charge contracts and commodity for CES on Trco.  I think you need to call me.


FYI Stand ready, stand firm.
---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 06/01/99 03:19
PM ---------------------------
From: Mark - ECT Legal Taylor on 06/01/99 12:24 PM
To: Elizabeth Sager/HOU/ECT@ECT
cc:
Subject: FYI

Western Power Market Stands 'Poised on the
Precipice' According to the ICF Kaiser Consulting
Group's 1999 Bulk Power Outlook

FAIRFAX, Va., June 1 /PRNewswire/ -- Power markets in the Western System
Coordinating Council are ``poised on the
precipice'' of capacity shortfalls and extreme price volatility this summer
and next, according to a new study of the regional
market by the Energy Practice of the ICF Kaiser Consulting Group. ``The West
stands at least a one in three chance of
experiencing price spikes similar to those seen in the Midwest market during
the summer of 1998,'' said Judah Rose, a Senior
Vice President with the Group and the director of the ICF study.

ICF's analysis of the West points to a number of key near-term implications:

     Regional Capacity Deficits. The region is in a delicate supply/demand
balance, with most sub-regions of the West relying
     on a capacity surplus in the Pacific Northwest to meet near-term peak
capacity requirements. Because demand growth is
     outpacing new supply additions, those deficits will only become more
extreme over the next two years.
     Volatility Exacerbated by Hydroelectric Dependence. A fifth consecutive
year of above-average hydroelectric generation
     -- the principle cause of the Pacific Northwest surplus -- will again
mask the West's precarious supply/demand balance in
     1999. However, if the drought conditions of the early 1990s resurface,
the West will find itself at an even greater risk of
     price spikes.
     Upward Pressure on Prices. Prices are on an upward trend for 1999 and
2000, the result of both higher regional spot
     natural gas prices and the increasing value of ``pure capacity'' -- the
value of ensuring reliability for consumers.

The study also evaluates the long-term future of the Western market and
highlights the following key results:

     Capacity Requirements Growing Steadily. The region's underlying demand
growth is strong, creating a long-term regional
     capacity need totaling more than 18,000 MW by 2005, unless there is a
serious economic downturn in the region.
     Energy Prices Trending Downward. The trend for long-term energy prices
is for negative real growth through 2010, but
     the region will remain susceptible to near-term volatility while market
institutions continue to evolve and new supply is
     slowly added over the next few years.
     Capacity Prices Rising Slowly. Current low capacity values will continue
to rise (but still remain below many other
     regions) as new, more efficient generation is added.
     Strong Gas Demand Growth at Stable Prices. Gas demand for power
generation is poised to more than double by 2010,
     with the most explosive growth in the Rocky Mountain and Southwest
subregions. Even so, the West region's vast gas
     supply potential appears capable of meeting this growth with little, if
any, real price appreciation through 2010.

``The Western U.S. Region volume of our Bulk Power Outlook, along with the
other five regional volumes, offers
comprehensive insights into the rapidly changing North American power
markets,'' said Sudhakar Kesavan, President of the
ICF Kaiser Consulting Group. ``No other firm can match our analytic
capabilities -- which are based on an understanding of the
fundamentals driving electric power markets -- and the knowledge gained from
working one- on-one with the market's key
players.''

About the ICF 1999 Bulk Power Outlook

ICF's analysis of the Western market is part of the 1999 Bulk Power Outlook,
an authoritative assessment of North American
regional bulk power markets through 2010. The study also provides the
analytical basis for ICF's extensive and well-respected
consulting services providing market assessment, asset valuation, and project
due diligence evaluations for the North American
electric power and natural gas industries. The 1999 Bulk Power Outlook is
available for six regional markets -- West,
Northeast, Midwest, Southeast, South Central, and Canada -- well as a
National Subscription, which includes the six regional
studies and a North American summary volume. Additional information on the
1999 Bulk Power Outlook, including a
prospectus, sample volume, and order form, can be found at
http://www.icfkaiser.com/consulting/products/BPS.htm.

The 1999 Bulk Power Outlook is part of the ICF Kaiser Consulting Group's
growing family of products and services. Related
studies on energy and environmental issues recently completed by ICF include
the SO2 Allowance Market Outlook and the
Ozone Transport Region: NOx Allowance Study, which detail ICF's views on air
emissions allowance markets.

For information about the 1999 Bulk Power Outlook and related studies, or any
of ICF Consulting Group's products and
services, call Aldyn Hoekstra at 415/507-7188 or Cheryl Aronson at
415/507-7151. Additional information the ICF Kaiser
Consulting Group can be found on ICF's Web site at
http://www.icfkaiser.com/consulting.

About the Company

Headquartered in Fairfax, Virginia, ICF Kaiser is one of the United States'
largest engineering, construction, program
management, and consulting services companies. Its more than 4,000 employees,
located in 60 offices around the world,
provide fully integrated capabilities to clients in four related market
areas: environment, infrastructure, industry, and energy. ICF
Kaiser reported gross revenue of more than $1.2 billion for the 12 months
ended December 31, 1998. All references to ICF
Kaiser indicate ICF Kaiser International, Inc. and any of its subsidiaries.

Forward-Looking Statements and Certain Factors Affecting ICF Kaiser and Its
Businesses

This release contains ``forward-looking statements'' within the meaning of
the Private Securities Litigation Reform Act of 1995,
which are identified by the use of forward-looking terminology such as
``may,'' ``will,'' ``could,'' ``should,'' ``expect,'' ``believe,''
``anticipate,'' ``aim,'' ``intend,'' ``plan,'' ``estimate,'' or ``continue''
or the negative thereof or other variations thereof. Such
forward-looking statements are necessarily based on various assumptions and
estimates and are inherently subject to various
risks and uncertainties, including risks and uncertainties relating to the
possible invalidity of the underlying assumptions and
estimates, that may cause actual results to differ materially from those
stated or implied by these forward-looking statements.
These forward-looking statements also are subject to company-specific risks
and uncertainties such as the company's ability to
maintain existing contracts (including contracts with the federal government)
at their existing or at improved levels, to accurately
estimate and recover costs incurred on fixed- price contracts, to sign new
contracts in established or new markets (including
international markets), to conclude and implement successfully certain
acquisitions and joint-venture relationships, and to avoid
significant environmental fines, penalties, or liabilities.

SOURCE: ICF Kaiser Consulting Group