fyi...

----- Forwarded by Janel Guerrero/Corp/Enron on 05/09/2001 08:42 AM -----

	Stacey Bolton
	05/08/2001 02:53 PM

		 To: Janel Guerrero/Corp/Enron@Enron
		 cc:
		 Subject: PANC Workshop on May 15

Thought you might want to circulate to the appropriate CA folks.

----- Forwarded by Stacey Bolton/NA/Enron on 05/08/2001 02:51 PM -----

	Jan Pepper <pepper@enertroncons.com>
	05/08/2001 01:22 PM

		 To: Chuck Whitaker <chuckw@endecon.com>, Dan Kirshner <dank@edf.org>, Drake
Johnson <DJohnson@energy.state.ca.us>, George Wiltsee
<gwiltsee@capstoneturbine.com>, Heather Raitt <Hraitt@energy.state.ca.us>,
Jan Hamrin <jhamrin@resource-solutions.org>, Jan Smutney-Jones
<smutny@iepa.com>, Joe Paul <jmpa@dynegy.com>, Kirk Brown
<kirkbrown@resource-solutions.org>, Marwan Masri <mmasri@energy.state.ca.us>,
Mauri Miller <maurim@pacbell.net>, Meredith Wingate
<mwingate@resource-solutions.org>, Rick Kohl <PESinc@aol.com>, Robert Grow
<Rgrow@energy.state.ca.us>, Sharon Goldstein <sharongoldstein@yahoo.com>,
Stacey Bolton <sbolton@enron.com>, Tim Tutt <ttutt@energy.state.ca.us>, Tony
Goncalves <tgoncalv@energy.state.ca.us>, Warren Byrne <wbyrne@forenergy.com>,
Marianne Walpert <mwalpert@pacificsolar.com>
		 cc:
		 Subject: PANC Workshop on May 15

Hi energy associates,

I thought you might find this of interest.  There's still room to attend!

Jan Pepper

PowerAssn@aol.com wrote:

> If you have already registered, thank you; if not, please read on:
>
> Power Association of Northern California
> May Workshop and Luncheon
>
> Tuesday, May 15, 2001
>
> PG&E Conference Rooms A&B
> 245 Market Street
> San Francisco
>
>     8:00 a.m.       Registration
>     8:30 a.m.       Workshop
>     12:15 noon      Lunch
>     1:00 p.m.       Presentation
>
>
> PANC Member
>     Workshop & Luncheon = $125.00   Luncheon Only = $35.00
> Non-Member
>     Workshop & Luncheon = $145.00   Luncheon Only = $42.00
> $5 Additional after May 4, not prepaid, at the door
>
> PG&E Co. AND PG&E Corporation
> Don't miss out on PANC's Annual Workshop on the Real Time Pricing as a
> Current Solution to Our Market Problems.  Join in on a robust discussion,
> which will include key panelists on the topics: Major Market Problems and
> Their Resolution, New Power Technologies and Distributed Generation, and
> Demand Side Management.  Plus lunch and our Keynote Speaker.  We look
forward
> to seeing you there.
> Real Time Pricing As A Current Solution To Our Market Problems
>
> Sponsored by
>
> Cheng Power Systems, Inc.
> AND
> Morrison & Foerster LLP
>
> Agenda
> 8:00 a.m. - 1:30 p.m.
>
> 8:00    Registration (Coffee and Pastries)
>
> 8:30    Welcome and Introduction
>
>     Elizabeth Lowe, Onsite Energy Corporation
>
> 8:35    Real-time Pricing as a Current Solution to Our Market Problems
>
>     Severin Borenstein, U.C. Energy Institute
>
> 8:50    Panel 1: Demand Side Management
>
>     Moderator: Anne Selting, Plurimi, Inc.
>
> ? ??   Creating Markets for Megawatts
>
>     Don Fuller, Vice President of Client Relations
>     Cal ISO
>
> ? ??   Role For Energy Efficiency in a Constrained Energy Market: Success
> Stories in Industry
>
>     Rich Sperberg, CEO
>     Onsite Energy Corporation
>
> 10:00   Coffee Break
>
> 10:15   Panel 2: New Power Technologies and Distributed Generation
>
>     Moderator: Jan Pepper, Enertron Consultants
>
> ? ??   Current Status of Distributed Generation Activities
>
>     Joe Ianucci, Principal
>     Consultant
>
> ? ??   Distributed Generation and New Power Technologies
>
>     Mike Tingus, President
>     Capstone California
>
> ? ??   A Muni's Perspective on Managing Reliability, Both in The Short and
> Longer Terms Through Distributed Gen
>
>     Junona Jonas, General Manager
>     Alameda Power and Telecom
>
> 11:15       Panel 3: Major Market Problems and Their Resolution
>
>     Moderator: Stephen St. Marie, Electricity Oversight Board
>
> ? ??   The ESP Perspective on California's Market
>
>     Julie Blunden, formerly Regional President
>     Green Mountain Energy
>
> ? ??   A View from Former ISO CEO on Supply and Demand Issues
>
>     Kellan Fluckiger
>     DWR Consulting
>
> ? ??   The Independent Generator's Perspective on California's Market
>
>     Gary Ackerman, Executive Director
>     Western Power Trading Forum
>
> 12:15   Lunch
>
> 1:00    Keynote: PG&E and The Energy Crisis
>
>     Introduction: Val Fong, Pacific Gas and Electric Co.
>
> ? ??   Guest Speaker:
>
>     Dan Richard, Senior Vice President
>     Pacific Gas and Electric Co. AND PG&E Corporation
>
> 1:30    Closing Remarks and Upcoming Events
>
>     Elizabeth Lowe, Onsite Energy Corporation
>
>   YES!  PLEASE REGISTER ME FOR THE POWER ASSOCIATION OF NORTHERN CALIFORNIA
>
> Name:
>
> Title:
> Company:
>
> Address
>
> City:                                          Zip:
> Phone:
>
> Fax:
>
>
> Payment will be by:       Check     Cash    Credit Card
>
> _________________________________________________   ________/________
>   Visa or MasterCard ONLY
> Expiration Date
>
> Authorized Signature for Credit Card
>
>
> Fax this form to (408) 997-6487 or call (408) 323-2255 and/or Send your
> prepayment (Payable to PANC) to:
>
> PANC, 6155 Almaden Expwy, #310, San Jose, CA 95120
> E-mail to: PowerAssn@aol.com


Joann ---

Effective 5/1/01 through 10/31/01 we have a 10,000 MMBtu/d index put at
Dominion South Point to PSEG.  We can do as much as we want in any month,
within the 0-10,000 MMBtu/d parameters, but we can do no more than 920,000
MMBtu for the whole term.  We need to keep a running tally of how much we
use.  Starting on Monday, can we keep this tally on the morning sheet and
update it daily?

Scott


Please send me an excel spreadsheet which depicts the value that you see
associated with the heat rate spread option.  I want to make sure that I
understand exactly how you propose valuing the transaction and how this value
would be booked.  As such, please provide the following detail:

Will we be valuing/booking a series of monthly call options or a series of
daily call options?
What power curve are we valuing the deal against - PJM East or West Hub?
Please send me the current fuel curve that you are converting to $/MWh to
value the deal?
What volatilities are you using to value the options - monthly volatilities
or intra-day volatilities or a blend of the two (if blending please show me
what formula you using to blend the two vols)?
What expiration date are you using, i.e.: for monthly call options the 15th
of the relevant month, and for daily options?
What correlation are you assuming, 15% flat for twenty years?
Are you deducting all operating expenses from the value of the option?
Are you using the "SPRDOPT" Exotic Options function to value the option?
Are you using the $/MWh VOM dollar amount as your strike?
Has Don provided the fixed payment stream?  This stream should be covering
both P&I and not just principal.

Yvan, and Ben, please provide answers to these question via written
correspondence so that their is limited probability of misunderstanding.
Thank you both very much for your time and help thus far.  Furthermore, I
would like to reiterate that RAC's goal, prior to quoting any credit reserve,
is to be 100% confident that: (i) the methodology that is being employed is
consistent among the internal groups; and (ii) the inherent value of the
price risk management contracts matches.  This enables RAC to manage the
associated risk during the life of the transaction both effectively and
appropriately.

Regards,

Christopher


Mark,

Per my conversation with Tana Jones, I am sending this request on behalf of
Ted Murphy to change the primary signer for all documentation with respect to
opening brokerage accounts and authorized trader lists to Cassandra Schultz.
Cassandra recently joined the Market Risk Management Group (RAC) group as a
VP.

If you have any questions, please do not hesitate to call me.

Veronica for Ted Murphy


Have you solved the problem with the positions?  Let me know.

Mike

 -----Original Message-----
From: 	O'Rourke, Ryan
Sent:	Wednesday, November 21, 2001 5:59 PM
To:	Grigsby, Mike
Subject:	West Positions 1121

 << File: HS_WESTall1121.xls >>

 << File: HS_WESTminusPA1121.xls >>


Start Date: 4/16/01; HourAhead hour: 20;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041620.txt

---- SC Trades Schedule ----
+++ Hour 20 - bad data from ISO.
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/16/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


Please send it to me--I'm not sure its a good fit in our dept., but I'll
discuss with our group.  Thanks. DF

	From:  Norma Hasenjager                           04/05/2000 02:36 PM

To: Dave Neubauer/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Robert Hill/NPNG/Enron@ENRON, Ray
Neppl/NPNG/Enron@ENRON, Janet Place/NPNG/Enron@ENRON
cc:

Subject: Summer Intern

I received a resume from a Creighton Law School student (will graduate May,
2001) requesting an internship in either marketing, regulatory or legal.
Prior to entering law school, he worked as an assistant to the General
Counsel of Duke Energy in Denver  (from May, 1997 - August, 1998) where he
became  familiar with some of the regulatory/legal aspects of the natural gas
transportation and processing industry.  He indicates that he is particularly
interested in gaining knowledge regarding compliance with FERC regulatory
requirements and interstate pipeline tariffs.  He's done paralegal work for
several attorneys in the Denver area since April, 1996 and while attending
the Denver Paralegal Institute (ABA Paralegal Certificate received in June,
1996).  He also has a BA in History/Political Science from Jamestown College
in Jamestown, ND, in 1995.

It's not often that we have an opportunity to bring in an intern with some
experience in the industry.   Please let me know if you are interested in
reviewing his resume and can find some meaningful work for him this summer.


Put me down for $25.00  NOT PER MILE YOU CRAZY WOMAN>

 -----Original Message-----
From: 	Versen, Victoria
Sent:	Monday, October 22, 2001 12:22 PM
To:	Pereira, Susan W.; Ring, Andrea; Ames, Chuck; Neal, Scott; Hodge, John; Smith, Maureen; Barbe, Robin; Pimenov, Vladi; Mckay, Brad; Mckay, Jonathan; Keavey, Peter F.; Brawner, Sandra F.; Taylor, Craig; Goodell, Scott; Savvas, Leonidas; Townsend, Judy; Germany, Chris; Bates, Kimberly; Lamadrid, Victor; Garcia, Clarissa; Gillespie, Steve; Sanchez, Christina; Wood, Tracy; Superty, Robert; Allwein, Robert; Boudreaux, Shanna; Collins, Joann; Homco, Meredith; Loocke, Kelly; Ordway, Chris; Arteaga, Airam; Carter, Tamara; Halstead, Lia; Prudenti, Dan; Ramirez, Robert; Saldana, Alex; Jackson, Brandee; Choate, Heather; Kelly, Katherine L.; Villarreal, Jesse
Subject:	American Heart Walk

Hello everyone,

My husband Ryan is going to be participating in the American Heart Walk on November 3.  He is walking on behalf of our daughter, Sydney, who was born in May of this year with Congenital Heart Disease.  If anyone would like to sponsor us with a cash donation, we would be very appreciative.  I will be accepting donations today and tomorrow.  This is a wonderful organization whose research saves lives like Sydney's every day.  All donations are matched by Enron and are 100% tax deductible.

Please help this worthwhile cause if you can.

Thanks,

Vicki Versen
x30903


Carolyn,

I prefer that closing event #4 preceed #3.

Thanks,

Kay

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/19/2001 10:05:16 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: Salmon Closing Memorandum

 <<30C_01!.DOC>>

Kay:

Enclosed is the initial draft of a closing memorandum for the Salmon
transaction.  Please review and advise of any comments.  Thank you.

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

Enclosure: 140424v1

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

 - 30C_01!.DOC


I'm attaching an article that I just received about the CPUC's and Indicated
Shippers' protests of the recent ENA deal on El Paso.   I have a call in to
Drew Fossum to talk about formulating a formal response, and I will keep you
in that loop in case you get any inquiries.  (My initial, unofficial reaction
is that with the marketing affiliate rules and other safeguards in place, the
fact that ENA and Transwestern have the same parent company should make no
difference to the FERC.)  Until further notice, I would avoid any
communication with ENA on these issues.  If you have any questions, please
e-mail or call me (x30596).

---------------------- Forwarded by Susan Scott/ET&S/Enron on 12/30/99 12:41
PM ---------------------------

Kevin Hyatt
12/30/99 12:39 PM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: The El Paso Controversy Continues

---------------------- Forwarded by Kevin Hyatt/ET&S/Enron on 12/30/99 12:38
PM ---------------------------
ET & S Business Intelligence
From: Lorna Brennan on 12/30/99 09:18 AM
To: Bill Cordes/ET&S/Enron@ENRON, Julie McCoy/ET&S/Enron@ENRON, Lou
Geiler/ET&S/Enron@ENRON, Tim Aron/ET&S/Enron@ENRON, Steve
Klimesh/ET&S/Enron@ENRON, Sarabeth Smith/ET&S/Enron@ENRON, Gary
Sova/ET&S/Enron@ENRON, Rob Wilson/ET&S/Enron@ENRON, Lon
Stanton/ET&S/Enron@Enron, Margaret Carson/Corp/Enron@ENRON, Rita
Hartfield/Corp/Enron@ENRON, Rockey Storie/ET&S/Enron@ENRON, Stephanie
Miller/ET&S/Enron@ENRON, Kent Miller/ET&S/Enron@ENRON, John
Dushinske/ET&S/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Michael
Bodnar/ET&S/Enron@ENRON, Joni Bollinger/ET&S/Enron@ENRON, David
Badura/ET&S/Enron@Enron, Janet Bowers/ET&S/Enron@ENRON, Craig
Buehler/ET&S/Enron@ENRON, Bob Burleson/ET&S/Enron@ENRON, Allen
Cohrs/ET&S/Enron@ENRON, John Fiscus/ET&S/Enron@ENRON, Bret
Fritch/ET&S/Enron@Enron, Steve Gilbert/ET&S/Enron@ENRON, Morgan
Gottsponer/ET&S/Enron@ENRON, Brenda Harris/ET&S/Enron@ENRON, James
Harvey/ET&S/Enron@ENRON, Stephen Herber/ET&S/Enron@ENRON, Dana
Jones/ET&S/Enron@ENRON, Jane Joyce/ET&S/Enron@ENRON, Stephanie
Korbelik/ET&S/Enron@ENRON, Therese Lohman/ET&S/Enron@ENRON, Bill
Mangels/ET&S/Enron@ENRON, Penny McCarran/ET&S/Enron@ENRON, Vernon
Mercaldo/ET&S/Enron@ENRON, Larry Pavlou/ET&S/Enron@ENRON, Eileen
Peebles/ET&S/Enron@ENRON, Maria Perales/ET&S/Enron@ENRON, Tony
Perry/ET&S/Enron@Enron, Loren Penkava/ET&S/Enron@ENRON, Ken
Powers/ET&S/Enron@ENRON, Joan Schwieger/ET&S/Enron@ENRON, Chris
Sebesta/ET&S/Enron@ENRON, Frank Semin/ET&S/Enron@Enron, Neal
Shaw/ET&S/Enron@ENRON, Larry Swett/ET&S/Enron@ENRON, Kay
Threet/ET&S/Enron@ENRON, Mike Ullom/ET&S/Enron@ENRON, Lisa
Valley/ET&S/Enron@Enron, Chuck Wilkinson/ET&S/Enron@ENRON, Jim
Wiltfong/ET&S/Enron@ENRON, Jo Williams/ET&S/Enron@ENRON, Karen
Lagerstrom/ET&S/Enron@Enron, Ray Stelly/ET&S/Enron@ENRON, Bob
Stevens/ET&S/Enron@Enron, Sue M Neville/ET&S/Enron@ENRON, Mike
Barry/ET&S/Enron@ENRON, Miriam Martinez/ET&S/Enron@ENRON, Martha
Janousek/ET&S/Enron@ENRON, Kimberly Watson/ET&S/Enron@ENRON, Don
Powell/ET&S/Enron@ENRON, Melinda Tosoni/ET&S/Enron@ENRON, Steve
Weller/ET&S/Enron@ENRON, Michael G Stage/ET&S/Enron@ENRON, Tim
Johanson/ET&S/Enron@ENRON, Mike McGowan/ET&S/Enron@ENRON, Steven
Harris/ET&S/Enron@ENRON, Lindy Donoho/ET&S/Enron@ENRON, Jeffery
Fawcett/ET&S/Enron@ENRON, Lorraine Lindberg/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Christine Stokes/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON, Maria
Pavlou/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen
Hass/ET&S/Enron@ENRON, Donna Fulton/Corp/Enron@ENRON
cc:
Subject: The El Paso Controversy Continues

Enron-El Paso Deal Could Mute Competition to CA

     Fearing an end to pipeline competition in California, the state's
regulators and Indicated
     Shippers have called on FERC to summarily reject the three
transportation agreements by
     which Enron North America Corp. has contracted for 1.25 Bcf/d of
unsubscribed firm
     capacity on El Paso Natural Gas.

     Approval of these agreements would give Enron Corp., parent of
Transwestern Pipeline
     and Enron North America, control over all the available transportation
capacity to the
     southern California border, warned Harvey Morris, principal attorney for
the California
     Public Utilities Commission (CPUC), which plans to submit its protest
today. Between
     the two pipelines, he estimated Enron will control 2.34 Bcf/d of firm
capacity from the
     San Juan and Permian basins to California.

     For Morris, Enron North America's contracting of the El Paso capacity
represents a
     worse threat to the pipeline's other shippers than Dynegy Marketing and
Trade, who has
     held the capacity for past two years and whose contract expires Dec. 31.
"At least then
     there was some Transwestern competition to the Dynegy situation. Now
it's Enron, the
     owner of Transwestern, who's stepping into Dynegy's shoes."

     But "what's even worse," he told NGI, is the revenue-sharing provision
in the contracts. It
     stipulates that "after Enron makes $35 million off of these contracts,
it has to share the
     proceeds with El Paso for 25% of anything beyond $35 million. So
effectively, Enron and
     El Paso have become partners in how high they can jack up the
transportation rate
     differential between the California border and the Southwest producing
basins."

     The two pipeline companies "that have for decades competed with each
other in carrying
     Southwest supplies to California are now partners. We think that's
anticompetitive, and
     there's no way FERC should approve it," Morris said. He recalled the
basis differential
     between the San Juan Basin spot price and the California border shot up
by 17% during
     1998, the first year during which Dynegy controlled the El Paso capacity
into California.
     This situation could worsen under Enron, he believes.

     "At first blush the El Paso-Enron contracts [do] not appear to contain
the same
     anticompetitive features of the El Paso-Dynegy contracts," Indicated
Shippers noted, but
     a "closer review and analysis" reveals the anticompetitive effects of
the revenue-sharing
     provision (RSP) in El Paso-Enron contracts "are not only similar" to
those of the hotly
     contested reservation-reduction mechanism (RRM) in the El Paso-Dynegy
case, "but are
     increased......due to the fact that the contracts are with a marketing
affiliate of El Paso's
     primary interstate pipeline competitor," Transwestern.

     Both the RRM and RSP "operate to provide a disincentive for El Paso and
its competitors
     to compete against each other, or to take any other action that will act
to drive down the
     basis differential that defines the market value of the capacity,"
Indicated Shippers told
     FERC in a protest filed on Wednesday [RP97-287-041]. The group includes
producers
     Amoco Production, Burlington Resources Oil and Gas, Marathon Oil, and
Phillips
     Petroleum, and two marketers - Amoco Energy Trading and Phillips Gas
Marketing.

     FERC "should reject the tariff filing immediately. The Commission erred
in allowing the
     El Paso-Dynegy contracts to remain intact for their two-year term after
finding that the
     contracts were anticompetitive. This issue is pending in the [D.C. Court
of Appeals].
     That same error should not be repeated here," the producers and
marketers said.

     The CPUC's attempt to block the Enron-El Paso contracts at the outset is
a little bit
     unusual for the agency, Morris said, but it learned its lesson following
Dynegy. "When the
     Dynegy situation first hit, we asked for FERC to investigate the matter.
We thought
     FERC did a very inadequate job then.....This time around we're asking
for FERC to
     summarily reject it. It's hard for an agency like ours to take such a
strong stand right at
     the beginning, but we've learned too much from two years of suffering
under the Dynegy
     situation. And this is even worse."

     In the event the Commission should reject California's request, the CPUC
has asked that
     an "anti-hoarding condition" be included in the contracts, which would
require Enron to
     release unused capacity into the short-term market at a price higher
than what it's paying
     El Paso for the capacity. "They must make a little profit," Morris
noted. "We're confident
     Enron can't use the entire 1.2 Bcf/d of capacity.....so there's going to
be unused
     capacity."

     The agency also wants FERC to clarify that the primary delivery point
for the Block II
     portion of the capacity (579MMcf/d) is PG&E-Topock in keeping with the
terms of the
     1996 settlement between El Paso and its customers. Morris said he agreed
fully with
     Amoco, Burlington Resources and Southern California Gas (SoCalGas),
which accused
     El Paso of violating the 1996 agreement by allowing Dynegy to use
SoCalGas-Topock as
     a primary delivery point for the Block II capacity last summer. They
contend the alleged
     violation is included in the Enron contracts.

     He also noted the CPUC will challenge the ability of Enron to call back
Block II capacity
     after it already had been recalled by El Paso shippers to serve Pacific
Gas and Electric
     (PG&E) customers in northern California. Last July, FERC granted Dynegy
the right to
     do this under its contracts with El Paso. But Morris contends the
decision violates the
     1996 settlement under which PG&E paid $54 million to preserve the right
of the pipeline's
     shippers to recall the Block II capacity to serve end-users in its
service territory.

     The CPUC also intends to challenge the Commission's decision that would
enable Enron
     to "just sit on the capacity," thereby withholding idle Block II
capacity from the market.
     Indicated Shippers also contend the Enron contracts violate the Block II
capacity
     provisions of the 1996 rate case, as well as "exacerbate" the primary
firm delivery point
     capacity-allocation issues that are pending before FERC now.

     The CPUC accused El Paso of "deliberately" filing the Enron contracts at
FERC just
     before the holidays to avoid controversy. The pipeline "is trying to
sneak one of the most
     controversial things ever past FERC right before Christmas so that
protests would be
     minimized," said Morris. "They did this with the Dynegy contracts two
years ago. They
     have a pattern of filing right at the last minute, making it harder for
people to protest and
     harder for FERC to stop it from going into effect."

,Copyright 1999 Intelligence Press Inc. All rights reserved. The preceding
news report may not
be republished or redistributed, in whole or in part, in any form, without
prior written consent
of Intelligence Press, Inc.


Getting close to a real draft- please review and send comments

(1) Your manager is
much younger   younger  same older much older

(2) If managed, did/do you feel fairly evaluated in your
perfromance/abitlities?
Positvely <--->  Negatively

(3)  Did you make any active attempt to alter the performance evaluation
system. ?Reword?

(4) Do you feel that your perfromance was influenced by the age difference
between you and your supervisor?
A lot  somewhat not at all
positively    negatively

(5) Would you say that you are willing to shift your job schedule (work
through lunch or nont the weekend) in order to help solve a problem?
All the time    sometimes   rarely

(6) Leaving/turnover: If you were to or did leave your job, how much would
you attribute to the age difference between you and your supervisor?
much  <---> little

(7) To what extent would you say your manager encourages your career growth
through educational and new work opportunities?

Little <-->  Much

(8)


The $1.3 trillion tax cut which is frequently quoted by the press is over 10
years, the $460 tax cut below is over five years.

Maureen Raymond
01/02/2001 12:44 PM
To: Alhamd Alkhayat/NA/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Margaret
Carson/Corp/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Ken Lay's Speech

I looked into the proposed tax cut by George W. Bush.  On his website he
proposes a $460 billion tax cut over five years.
 The $213 billion "energy tax" imposed  from 1999 to 2001 by higher energy
prices, is roughly half of Bush's proposed tax cut.

Maureen


The e-mail was sent on 1/3/2002, but the detail states that "TXU Energy Trading Company should be considered terminated effective December 2, 2001 by reason of an automatic termination provision in the agreement between TXU and EPMI".  The e-mail does not give any details on ENA, ECC, of EES.

Stacey

-----Original Message-----
From: Tricoli, Carl
Sent: Tuesday, January 08, 2002 11:47 AM
To: Gossett, Jeffrey C.; White, Stacey W.; Reeves, Kathy; Vinson, Donald
Wayne; Bruce, Michelle
Cc: Miller, Don (Asset Mktg); Sacks, Edward; Sager, Elizabeth; Bradford,
William S.
Subject: RE: Enron/TXU Exposure summary

I'm assuming it is as of Jan 3, since that's what's on the schedule, but I put a call into TXU to verify this.

-----Original Message-----
From: Gossett, Jeffrey C.
Sent: Tuesday, January 08, 2002 11:36 AM
To: Tricoli, Carl; White, Stacey W.; Reeves, Kathy; Vinson, Donald
Wayne; Bruce, Michelle
Cc: Miller, Don (Asset Mktg); Sacks, Edward; Sager, Elizabeth; Bradford,
William S.
Subject: RE: Enron/TXU Exposure summary

What date is the termination date?  Are these values as of last night?  Dec. 2nd?  Need to know which date to calculate.

Thanks

-----Original Message-----
From: Tricoli, Carl
Sent: Tuesday, January 08, 2002 11:20 AM
To: Gossett, Jeffrey C.; White, Stacey W.; Reeves, Kathy; Vinson, Donald
Wayne; Bruce, Michelle
Cc: Miller, Don (Asset Mktg); Sacks, Edward; Sager, Elizabeth; Bradford,
William S.
Subject: FW: Enron/TXU Exposure summary

TXU would like to close out all of their positions, and have finally provided us with their view of MTM and other charges for physical and financial power and gas for EPMI, ENA, EES and Enron Canada.  Would each of you please provide me with corresponding Enron numbers for your respective areas.  Michelle, as you will see, there is an item under ENA titled "other" - is this something from your area?  Elizabeth - given the net amount they owe us ($114,751,812.) if we can agree on numbers, can we take this as a one off item to the bankruptcy judge?  Please advise.  Thank you.

-----Original Message-----
From: jshorter@txu.com [mailto:jshorter@txu.com]
Sent: Monday, January 07, 2002 6:15 PM
To: Tricoli, Carl
Cc: tpounds@txu.com; jburt1@txu.com
Subject: Enron/TXU Exposure summary

Carl,

Please review the attached.  I have attempted to summarize our mutual
exposures by legal entity.  If the numbers in the spreadsheet are negative,
then that is monies owed by TXU to Enron.

I am still waiting for exposure summaries from TXU Energy Services as it
applies to Garden State Paper.

As discussed today, my intent is to quickly reach agreement as to a fair
and reasonable resolution of eliminating Enron positions from our book
structure.  I feel confident that our combined legal staffs can bind our
intent as required.

THE ATTACHED SCHEDULES CONTAIN CONFIDENTIAL INFORMATION AND IS SUBJECT TO
FEDERAL RULE OF EVIDENCE 408 - FOR SETTLEMENT DISCUSSION PURPOSES ONLY -
NOT TO BE OTHERWISE ADMISSIBLE

Please give me a call when you've had a chance to review.

thanks

JDS

(See attached file: Enron Jan 7.xls)


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/27/2000
01:38 PM ---------------------------

"Walkup, David C (HOUSTONAS AS 582)" <dwalkup@pclient.ml.com> on 04/27/2000
11:51:29 AM
To: "'Vincent Kaminski'" <vkamins@enron.com>
cc:
Subject: Info

Good morning, Vince.

We deposited the check and made the 7 purchases today.  The one Ginnie Mae
did have enough but the minimum purchase amount was $25m.  I purchased it,
you wanted 20m and you still has plenty in money market to cover it.

The CMA Tax exempt money market has a 7 day yield of 3.71%.  We can change
your money market to that if you would like.

We signed you up for ML on.  The web address is www.newmlol.ml.com.  The Log
on ID is 0400432840.  The pass word is the one you gave me last night.  Take
a look at it and tell me what you think.

It was nice visiting with you last night.  Next time, we will have a drink!

Call me if you have any questions.  I will call you on Monday.
David C. Walkup
Financial Consultant
713-658-1685
800-456-9712
____________________________________________________________

CAUTION: Electronic mail sent through the Internet is not secure and could
be intercepted by a third party.  For your protection, avoid sending
identifying information, such as account, Social Security or card numbers to
us or others.  Further, do not send time-sensitive, action-oriented
messages, such as transaction orders, fund transfer instructions, or check
stop payments, as it is our policy not to accept such items electronicall


As a reminder, Frank is traveling this morning.  He will be in the office this afternoon.

Thanks!

Holly Keiser
Enron Wholesale Services
Legal Department
Phone: 713-345-7893
Fax: 713-646-3490
Location: EB 3887
Holly.Keiser@enron.com


I paid extra for the 2 Business Day delivery from UPS.  Per the tracking info
on their website they have not tried to deliver to my house yet and it has
been three business days.  Do I receive some sort of refund or credit?

Thank you,

Errol McLaughlin


The good news is that September VaRs are little changed from the June numbers.

The bad news is that the New Power Company went public in October.  The stock
is very volatile (about 180% per year).  The warrants we inserted into the
Hawaii 125-0 McGarret swaps are hugely in the money and will therefore have
substantial VaR.   VaR for the total return swaps will probably be over $30
million in October.
Additionally, you will notice a huge trading commodities VaR for August ($79
million).  This will require some explanation when we report high monthly VaR
at year-end.

Regards,

Eugenio


I coded the King and Spalding invoices in IPAYIT yesterday. Before coding, I had to forward the invoices to Ben for his approval. So, they should be processed and paid soon through IPAYIT.

Thanks-

Tonya

 -----Original Message-----
From: 	Wright, Alice
Sent:	Tuesday, November 27, 2001 9:07 AM
To:	Garcia, Julie A.; Dennis, Tonya
Cc:	Mann, Kay
Subject:	Invoices
Importance:	High

Good morning,

I forwarded to you over the last three weeks approximately 8 to 12 invoices for coding.......Kay Mann wants to resolve these invoices today.     Will you please code the invoices as the following or return them to me.    My last day at Enron is tomorrow (3 p.m.), so if you don't get them to me, please process them and inform Kay Mann of the status.

Coral Energy - Cost Center 107319

Project Blue Dog - Split 50/50 between Cost Centers 107319 and 150273

Midway Energy - WBS C.008071.
or Cost Center 107319 (second choice)

Thank you very much for your prompt attention to this matter.

Alice Wright
Assistant to Kay Mann
1400 Smith St., EB3809A
Houston, Texas 77002
Tel:  713-853-5438
Fax: 713-646-3491
alice.wright@enron.com


---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 09/26/2000
11:19 AM ---------------------------

	Enron North America Corp.

	From:  Dean Russell                           09/26/2000 11:14 AM

To: Benjamin Rogers/HOU/ECT@ECT
cc: David Parquet/SF/ECT@ECT
Subject: PG&E Questions

David Parquet asked me to forward these answers to you:
Question:
Is the major maintenance reserve estimate based on a negotiated Long Term
Services Agreement (LTSA)?  If so, will it be in place and transfer with
PEF?
Answer:  We have not negotiated an LTSA with anyone at this time, and we do
not expect to have one in place to transfer with PEF.  The maintenance
reserve is our estimate based on industry data and information from GE.

Question: Are spare parts for the first major overhaul included anywhere in
the
capital cost estimate or are they assumed to be purchased through the
maintenance reserve estimate (i.e. the LTSA) charge?

Answer:  The maintenance reserve is intended to include parts and labor for
the overhaul.


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/02/2000
11:23 AM ---------------------------

"Joe Hernandez" <jh306@netzero.net> on 08/02/2000 10:30:24 AM
To: "Judy Hernandez" <Judy.Hernandez@enron.com>
cc:
Subject: Fw: Fw: Fw: Just Checking In from Barb or Grandma or Aunt Barb

----- Original Message -----
From: "Clayton Smith" <csmith@priorityit.com>
To: "Thieu Nguyen" <tnguyen@priorityit.com>; "Nelson & Brenda Minica"
<Nelson.Minica@RailAmerica.com>; "Johnny & Sally Olivas"
<sallyt@generationit.net>; "Joe & Judy Hernandez" <jh306@netzero.net>; "Jim
Thompson" <jfthompson@shellus.com>; "Edna Crutchfield"
<ecrutchfield@priorityit.com>; "Diane Thompson" <dinkythompson@hotmail.com>;
"David & Michelle Fontenot" <fontMD@aol.com>; "Daniel Yeh"
<dyeh@priorityit.com>; "Dan Bellows" <dnlsan@juno.com>; "Calvin & Barb
Burrell" <cbburrell@juno.com>; "Betty Smith" <betty.smith@netzero.net>;
"Barry Abercrombie" <zeeb@flash.net>
Sent: Tuesday, August 01, 2000 9:00 AM
Subject: FW: Fw: Fw: Just Checking In from Barb or Grandma or Aunt Barb

>
>
> >>> >>Subject: Fw: Just Checking In
> >>> >>
> >>> >>> > > > > >A minister passing through his church
> >>> >>> > > > > >    in the middle of the day,
> >>> >>> > > > > >    Decided to pause by the altar
> >>> >>> > > > > >    and see who had come to pray.
> >>> >>> > > > > >
> >>> >>> > > > > >    Just then the back door opened,
> >>> >>> > > > > >    a man came down the aisle,
> >>> >>> > > > > >    The minister frowned as he saw
> >>> >>> > > > > >    the man hadn't shaved in a while.
> >>> >>> > > > > >
> >>> >>> > > > > >    His shirt was kinda shabby
> >>> >>> > > > > >    and his coat was worn and frayed,
> >>> >>> > > > > >    the man knelt, he bowed his head,
> >>> >>> > > > > >    then rose and walked away.
> >>> >>> > > > > >    In the days that followed,
> >>> >>> > > > > >    each noon time came this chap,
> >>> >>> > > > > >    each time he knelt just for a moment,
> >>> >>> > > > > >    a lunch pail in his lap.
> >>> >>> > > > > >
> >>> >>> > > > > >    Well, the minister's suspicions grew,
> >>> >>> > > > > >    with robbery a main fear,
> >>> >>> > > > > >    He decided to stop the man and ask him,
> >>> >>> > > > > >    "What are you doing here?"
> >>> >>> > > > > >
> >>> >>> > > > > >    The old man said, he worked down the road.
> >>> >>> > > > > >    Lunch was half an hour.
> >>> >>> > > > > >    Lunchtime was his prayer time,
> >>> >>> > > > > >    for finding strength and power.
> >>> >>> > > > > >    "I stay only moments, see,
> >>> >>> > > > > >    because the factory is so far away;
> >>> >>> > > > > >    as I kneel here talking to the Lord,
> >>> >>> > > > > >    this is kinda what I say:
> >>> >>> > > > > >
> >>> >>> > > > > >    "I JUST CAME AGAIN TO TELL YOU, LORD,
> >>> >>> > > > > >    HOW HAPPY I'VE BEEN,
> >>> >>> > > > > >    SINCE WE FOUND EACH OTHER'S FRIENDSHIP
> >>> >>> > > > > >    AND YOU TOOK AWAY MY SIN.
> >>> >>> > > > > >    DON'T KNOW MUCH OF HOW TO PRAY, BUT I
> >>> >>> > > > > >    THINK ABOUT YOU EVERYDAY.
> >>> >>> > > > > >    SO, JESUS, THIS IS JIM CHECKING IN TODAY."
> >>> >>> > > > > >
> >>> >>> > > > > >
> >>> >>> > > > > >    The minister feeling foolish,
> >>> >>> > > > > >    told Jim, that was fine.
> >>> >>> > > > > >    He told the man he was welcome
> >>> >>> > > > > >    to come and pray just anytime.
> >>> >>> > > > > >
> >>> >>> > > > > >    Time to go, Jim smiled, said
> >>> >>> > > > > >    "Thanks." He hurried to the door.
> >>> >>> > > > > >    The minister knelt at the altar,
> >>> >>> > > > > >    he'd never done it before.
> >>> >>> > > > > >
> >>> >>> > > > > >    His cold heart melted, warmed with love,
> >>> >>> > > > > >    and met with Jesus there.
> >>> >>> > > > > >    As the tears flowed, in his heart,
> >>> >>> > > > > >
> >>> >>> > > > > >    he repeated old Jim's prayer:
> >>> >>> > > > > >
> >>> >>> > > > > >    "I JUST CAME AGAIN TO TELL YOU, LORD,
> >>> >>> > > > > >    HOW HAPPY I'VE BEEN,
> >>> >>> > > > > >   SINCE WE FOUND EACH OTHER'S FRIENDSHIP
> >>> >>> > > > > >    AND YOU TOOK AWAY MY SIN.
> >>> >>> > > > > >    I DON'T KNOW MUCH OF HOW TO PRAY, BUT I
> >>> >>> > > > > >    THINK ABOUT YOU EVERYDAY.
> >>> >>> > > > > >    SO, JESUS, THIS IS ME CHECKING IN TODAY."
> >>> >>> > > > > >    Past noon one day, the minister noticed
> >>> >>> > > > > >    that old Jim hadn't come.
> >>> >>> > > > > >    As more days passed without Jim,
> >>> >>> > > > > >    he began to worry some.
> >>> >>> > > > > >
> >>> >>> > > > > >    At the factory, he asked about him,
> >>> >>> > > > > >    learning he was ill.
> >>> >>> > > > > >    The hospital staff was worried,
> >>> >>> > > > > >    but he'd given them a thrill.
> >>> >>> > > > > >
> >>> >>> > > > > >    The week that Jim was with them,
> >>> >>> > > > > >    brought changes in the ward.
> >>> >>> > > > > >    His smiles, a joy contagious.
> >>> >>> > > > > >    Changed people, were his reward.
> >>> >>> > > > > >
> >>> >>> > > > > >    The head nurse couldn't understand
> >>> >>> > > > > >    why Jim was so glad,
> >>> >>> > > > > >    when no flowers, calls or cards came,
> >>> >>> > > > > >    not a visitor he had.
> >>> >>> > > > > >
> >>> >>> > > > > >    The minister stayed by his bed,
> >>> >>> > > > > >    he voiced the nurse's concern:
> >>> >>> > > > > >    No friends came to show they cared.
> >>> >>> > > > > >    He had nowhere to turn.
> >>> >>> > > > > >
> >>> >>> > > > > >    Looking surprised, old Jim spoke up
> >>> >>> > > > > >    and with a winsome smile;
> >>> >>> > > > > >    "the nurse is wrong, she couldn't know,
> >>> >>> > > > > >    that in here all the while
> >>> >>> > > > > >    everyday at noon He's here,
> >>> >>> > > > > >    a dear friend of mine, you see,
> >>> >>> > > > > >    He sits right down, takes my hand,
> >>> >>> > > > > >    leans over and says to me:
> >>> >>> > > > > >
> >>> >>> > > > > >    "I JUST CAME AGAIN TO TELL YOU, JIM,
> >>> >>> > > > > >    HOW HAPPY I HAVE BEEN,
> >>> >>> > > > > >    SINCE WE FOUND THIS FRIENDSHIP,
> >>> >>> > > > > >    AND I TOOK AWAY YOUR SIN.
> >>> >>> > > > > >    ALWAYS LOVE TO HEAR YOU PRAY,
> >>> >>> > > > > >    I THINK ABOUT YOU EACH DAY,
> >>> >>> > > > > >    AND SO JIM, THIS IS JESUS
> >>> >>> > > > > >    CHECKING IN TODAY."
> >>> >>> > > > > >
> >>> >>> > > > > >    If this blesses you, pass it on... Many
> >>> >>> > > > > >    people will walk in and out of
> >>> >>> > > > > >    your life, but only true friends will
> >>> >>> > > > > >    leave footprints in your heart.
> >>> >>> > > > > >
> >>> >>> > > > > >
> >>> >>> > > > > >    May God hold you in the palm of His hand
> >>> >>> > > > > >    and Angels watch over you.
> >>> >>> > > > > >
> >>> >>> > > > > >    ~Author Unknown~
> >>> >>> > > > > >
> >>> >>> > > > > >    Please pass this page on to your friends
> >>> >>> > > > > >    or loved ones.
> >>> >>> > > > > >
> >>> >>> > > > > >
> >>> >>> > > > > >    AND... (look below)
> >>> >>> > > > > >
> >>> >>> > > > > >
> >>> >>> > > > > >
> >>> >>> > > > > >    If you aren't ashamed to do this, please follow the
> >>> >>directions.
> >>> >>> > > > > >    Jesus said, " if you are ashamed of me," I will be
> >>> >>> > > > > >    ashamed of you before my Father."
> >>> >>> > > > > >   If you are not ashamed Pass this on . . .only if you
> >mean
> >>it.
> >>> >>> > > > > >    Yes, I do love God. He is my source of existence and
> >>Savior.
> >>> >>> > > > > >
> >>> >>> > > > > >    He keeps me functioning each and everyday.
> >>> >>> > > > > >    Without Him, I will be nothing. Without him, I am
> >>> >>> > > > > >    nothing but with Him " I can do all things through
> >>> >>> > > > > >    Christ that strengthens me." Phil 4:13
> >>> >>> > > > > >    This is the simplest test . . . if you Love God, and
> >>> >>> > > > > >    are not ashamed of all the marvelous things he has
> >>> >>> > > > > >    done for you. Pass this on.
> >>> >
> >>>
> >>>
> >>>
> >>
> >
>

_____NetZero Free Internet Access and Email______
   http://www.netzero.net/download/index.html


Hey kids, Why don't we pool our resources and get " El Jefe " something nice?  Not like last year... I won't mention names (Donna).... when some individuals within the team didn't want to include the rest of us in their "reindeer games" for bosses day. Any suggestions? Round of golf, gift certificate??? I nominate Suzanne to collect the money. Any objections?
THANKS


the broker does not show these trades twice, already confirmed deals 534167
and 534168.  pls verify that sean or diana did both of these deals twice.

   Kate Symes @ ECT                02/28/2001 04:42 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: apb

Verified with Diana and Sean - these should be APB.

and the Williams deal should be resolved - deal # is 534497

Kerri Thompson@ENRON
02/28/2001 02:39 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb

i have 2 more things besides the williams deal.  apb is trying to leave thats
why i was trying to get these deals resolved.

534496
534497

apb does not recognize, these may be duplicated deals that are already in the
system.

thanks


Van,

It's nice to hear from you. I am sure that you can always come back
to Enron if you don't like living in New York.

I used to work for Salomon and chances are you will be working in the same
building in lower Manhattan where I spent 7  years of my life.

I hope you have a great Holiday  Season.

Vicne

Van Ngo <vngo@rice.edu> on 11/29/2000 10:52:35 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Greetings

Dear Vince:

I just wanted to get in touch with you, as my last fall semester here
draws to a close and this is something of a transition point for me.  To
update you on my job search, I have been extended an offer for a position
within Enron's Analyst Program.  The offer was very attractive and I had
numerous things to consider in reaching my decision.  Unfortunately, I
will be declining Enron's offer of employment to take a position in the
Investment Banking Division of Salomon Smith Barney in New York.  My
preference at this point is to live outside of Houston, and although my
hope is also to return to Houston in future, New York offers some
exciting options for me now.  I will be starting there in July of this
summer.  I hope that I will have future opportunities to be an advocate
of Enron and look forward to keeping in touch with you and the Research
Group.

Please give my regards to everyone at the office and wishes for a very
happy holiday season!  Also please feel free to contact me at any time.
I can give you my future contact information when I have it.

Thank you and I hope I'll see you again.

Sincerely,
Van

P.S.  Feel free to forward my news onto Mike Roberts if that would
appropriate.  I didn't have his email with me.


----- Forwarded by Tana Jones/HOU/ECT on 05/24/2000 06:33 PM -----

	Tom Moran
	05/24/2000 05:31 PM

		 To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT
		 cc: Tom Moran/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT,
Connie Sutton/HOU/ECT@ECT, Sylvia A Campos/HOU/ECT@ECT, Molly
Harris/HOU/ECT@ECT, Cynthia Clark/Corp/Enron@ENRON, Samuel
Schott/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global Contracts
and Facilities, Stephanie Sever/HOU/ECT@ECT
		 Subject: EOL / Credit / GCP Responses 5/24/00

Please find attached Credit's EOL responses for 5/24/00

Regards
tm


---------------------- Forwarded by Gary W Lamphier/HOU/ECT on 11/15/2000
12:17 PM ---------------------------

Rebecca Griffin@ENRON
11/15/2000 12:06 PM
To: Gary W Lamphier/HOU/ECT@ECT
cc:
Subject: Valero 10/00

I noticed the new October deals for Valero (414065, 414074, 414071) include
both the base Index pricing and the swing Gas Daily pricing.  However, the
old swing deals (148386, 148391, 148382) are still valid through October.
Should these deals be effective for October?

Thanks for your help.

Rebecca


Let me know when you get the quotes from Pauline.  I am expecting to pay
something in the $3,000 to $5,000 range.  I would like to see the quotes and
a description of the work to be done.  It is my understanding that some rock
will be removed and replaced with siding.  If they are getting quotes to put
up new rock then we will need to clarify.

Jacques is ready to drop in a dollar amount on the release.  If the
negotiations stall, it seems like I need to go ahead and cut off the
utilities.  Hopefully things will go smoothly.

Phillip


Houston Astros Baseball season tickets are available sale to employees at their face value.  The seats range in price from $2,490 to $3,237 for the season, and are located in the box and club levels.

If you're interested in being on the list of potential buyers for Enron's season tickets to the Astro's 2002 home games, please indicate your interest by 4PM, Central Time on Thursday, March 21 via e-mail to Elizabeth Linnell.  In your e-mail, please indicate the number of seats you're interested in purchasing for the full season (no partial season or individual games).  Once the number of interested potential buyers is determined, we'll know whether a lottery process will need to take place to fairly allocate the purchase opportunities and will communicate that to respondents.

Please note that the season begins on Friday, March 29 so payment for the tickets will need to be made early next week.

If you have any questions, please call Elizabeth Linnell at x33896 or Rachel Tobor at x31481.


Kim, please find attached spreadsheet of our anticipated gas usage begining
in August of this year.  This plant is currently under development in
simple cycle configuration and will be converted to combined cycle
operation in the near future.  Its output, 48-60 MW will be sold to the
State of California through the water department.  Delivery point for gas
will be SDG&E city gate.

Please provide 1yr, 3yr, and 5yr price indications including firm capacity.
 At a later date we may want to discuss fixed transportation and a NYMEX
based float.

The Hanover Company, 12001 North Houston Rosslyn, Houston, TX 77086, is a
leader in oil field processing and compression services and is traded under
stock symbol HC.

Please call if you have any additional questions.

Wes Beasley
The Hanover Company
Manager of Power Development
(918) 524-6101
(918) 524-6109 fax
(918) 607-7110
 - gas use 1.xls


Very good question - while you don't need to worry about otc swaps, otc
options might be a problem.  However, if the customer is not a US entity, the
advice is all given outside the US and does not relate to US futures or
options, we feel reasonably comfortable that the risk is quite low that there
would be a problem.

Martin Rosell
06/24/99 10:08 AM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Re: Commodity Trading Advisor

Thanks for the response.  Does the term "futures contract" also include
bilateral swaps (or it restricted to exchange-traded futures) and will it
make any difference if the couterparty/customer is a non-US entity?!

Martin
---------------------- Forwarded by Martin Rosell/OSL/ECT on 24/06/99 16:06
---------------------------

Mark - ECT Legal Taylor
24/06/99 16:53
To: Martin Rosell/OSL/ECT@ECT
cc:
Subject: Re: Commodity Trading Advisor

I think the answers will be the same for Stockholm - i.e. as long as we are
not giving advice with respect to futures contracts (valuations or trading
advice) or handling customer funds there should not be any Commodity Exchange
Act issues.

Martin Rosell
06/14/99 09:08 AM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Commodity Trading Advisor

Mark, the business people posted at ECTRIC's office in Stockholm want to
offer a Swedish forestry group portfolio management services and advisory
services.  With reference to our previous conversations on the subject below,
do you think that this may entail problems under US securities laws?!

Martin
---------------------- Forwarded by Martin Rosell/OSL/ECT on 14/06/99 15:05
---------------------------

Martin Rosell
28/04/99 16:05
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Commodity Trading Advisor

Mark:

Did you have any luck with your New York law firm contact.   The other party
has accepted the contents of the contract and wish to sign on Tuesday next
week, why it's a bit urgent to flag any US securities law implications
associated with the relevant transaction.

Martin


---------------------- Forwarded by Susan M Scott/HOU/ECT on 08/28/2000 12:41
PM ---------------------------

Ted Noble
08/28/2000 12:34 PM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Fwd: Married for only two weeks!

This is pretty good.

---------------------- Forwarded by Ted Noble/HOU/ECT on 08/28/2000 12:33 PM
---------------------------

"Fritz Noble" <fritznoble@hotmail.com> on 08/28/2000 11:38:50 AM
To: jboyd@cbrichardellis.com, dallasymca@aol.com, dwakumoto@yahoo.com,
sam2@bluemarble.net, flyingace1965@earthlink.net, ted.noble@enron.com,
bigv@silcom.com
cc:
Subject: Fwd: Married for only two weeks!

>From: CarTayBri@aol.com
>To: FritzNoble@hotmail.com
>Subject: Married for only two weeks!
>Date: Sun, 27 Aug 2000 18:17:42 EDT
>
>This couple had only been married for two weeks.
>
>The husband, although very much in love, couldn't wait to go out into town
>and party with his old buddies, so he says to his new wife, "Honey, I'll be
>right back..."
>
>"Where are you going coochy cooh...?" asked the wife.
>
>"I'm going to the bar, pretty face. I'm going to have a beer."
>
>The wife says to him, "You want a beer my love?"
>Then she opens the door to the refrigerator and shows him 25 different
>kinds
>of beer brands from 12 different countries: Germany, Holland, Japan, India,
>etc.
>
>The husband doesn't know what to do, and the only thing that he can think
>of
>saying is,
>"Yes, loolie loolie...but the bar.... you know...the frozen glass..."
>
>He didn't get to finish the sentence, when the wife interrupts him by
>saying,
>"You want a frozen glass puppy face?" She takes a huge beer mug out of the
>freezer so frozen that she was getting chills holding it.
>
>The husband, looking a bit pale, says, "Yes, tootsie roll, but at the bar
>they have those hors d'oeuvres that are really delicious... I won't be
>long.
>I'll be right back. I promise. OK?"
>
>"You want hors d'oeuvres poochi pooh?" She opens the oven and takes out 15
>dishes of different hors d'oeuvres: chicken wings, pigs in a blanket,
>mushroom caps, porkstrips, etc.
>
>"But sweet honey...at the bar...you know...the swearing, the dirty words
>and
>all that..."
>
>"You want dirty words cutie pie?...
>HERE, DRINK YOUR FUCKING BEER IN YOUR FROZEN FUCKING MUG AND EAT YOUR
>FUCKING
>SNACKS, BECAUSE YOU AREN'T GOING ANYWHERE! GOT IT ASSHOLE?!!"

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The attached news release was distributed via PRNewswire on Thursday, August
23, 2001 at 5:20 pm (central time).  If you have any questions please
contact Mr. Frank Pici at (281) 584-5500.

Kimm Cashiola
Executive Assistant to VP - Finance & CFO
End User Support Help Desk
(281) 584-5571
 <mailto:kcashiola@mariner-energy.com> kcashiola@mariner-energy.com


We look forward to seeing you.  We get started at 7:30am and things are quite
active until about 11:00am.

DEBRA PERLINGIERE
09/18/2000 04:41 PM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Re:

Thanks,  I will see you on Tuesday morning the 26th if agreeable with you.

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


I wanted to pass along the resume of Carlos Sole. Carlos and I worked
together extensively at EECC.  The "reorganization" of EECC has him moving to
EES, but he would prefer to work here.  He recently met with V. Sharp, and
she understands that he wants to explore opportunities at EWS (I'm learning
the new nomenclature).  John Schwartzenburg understands this as well.

I can recommend Carlos as a solid, intelligent, hard working lawyer. He's a
great guy and I believe he would fit in well here.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/20/2000 10:17
AM ---------------------------
From: Carlos Sole@ENRON_DEVELOPMENT on 11/09/2000 12:02 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Opportunities at ENA

Kay, as we've discussed before, I'm interested in pursuing the opportunities
available in the ENA legal group.  As you know, my experience at EECC in
addition to focusing on traditional EPC contracts and joint venture
agreements, has also included cross-border financing agreements and merger
and acquisition activity.  Before coming to Enron as you recall, I worked
with a New york based firm here in Houston where I focused mostly on
transactions in Mexico since we represented Pemex on their transactions
involving long and short term oil supply agreements and CFE (Mexico's
electricity commission) on its public bids for EPC and IPP projects.  Lastly,
I started my legal career in 1994 at Patton Boggs in DC where I focused on
general domestic corporate transactions such as establishing new business
entities (ie, joint venture work, partnerships etc.), m & a work, and
securities offerings.  Thanks for your help.


Please see the attached comments.

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


John

It seems the fates were against us meeting up! you were in Singapore while I
was in Houston. I really do hope we get to meet up sooner rather than later.

I did get the chance to meet with Stuart and had what I thought was a very
fruitful discussion on, among other tings, MT Pacific Valour. I hope you have
both had the chance to speak about it since. I understand Richard has been
trying to catch you to discuss the matter as well, but both your busy
schedules have prevented it.

Richard and I would very much like to get your take on the situation at
present. Whilst it is clear that if a commercial solution is met with Hyundai
we would not be able to claim against our contracting counterparty under the
C/P, I understand from Stuart that a commercial solution may not be in the
offing. If so, our option would be to commence arbitration against the
contracting counterparty under the C/P .Present information indicate the
contracting counterparty to be MTM Shipmanagement which has substantial
assets sufficient to meet our claim (which is relatively small although not
insignificant). Arresting the vessel would therefore not be necessary since
it is simply a tool to obtain security for the claim.

Hope to hear from you soon.

Regards

Matt


Deb,

I'll get you the particulars, but you get the general idea. I'll have to
check on the expense account stuff.

Kathleen, you  haven't done any thing with this request yet, have you?  Could
you get the  names of the active development companies so that we can address
those, as well as ENA?

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 10/08/2000 07:56
PM ---------------------------

Janet R Dietrich@ECT
10/08/2000 02:22 PM
To: Kay Mann/Corp/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT

Subject: Signature authority

Kay, as we discussed previously:

Effective immediately, I would like Ben Jacoby to have signature authority
for his team's expense reports as well as all documents whose capital
commitments are not greater than $250,000. Most documents will be
confidentiality agreements, exclusivity agreements, permit applications, and
land/equipment option agreements.

Please forward this (if need be) to the appropriate internal individuals who
get this set up. Thanks Kay.


VERY worth reading and passing along.  Makes you very proud to be and
American!

God Bless,
Kelly

In a message dated 9/13/01 5:59:30 PM Pacific Daylight Time, JamesJWebb
writes:

<< stevenhale@hotmail.com >>

Return-path: <JamesJWebb@aol.com>
From: JamesJWebb@aol.com
Full-name: JamesJWebb
Message-ID: <3a.1aae845e.28d2b072@aol.com>
Date: Thu, 13 Sep 2001 20:59:30 EDT
Subject: Fwd: Canadian Tribute to the US
To: KLBWebb@aol.com
MIME-Version: 1.0
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Subject: Fwd: Canadian Tribute to the US
Date: Thu, 13 Sep 2001 04:24:05 +0000
Mime-Version: 1.0
Content-Type: text/plain; format=flowed
Message-ID: <F147jLSpvJKxiIVGyYx0001048e@hotmail.com>
X-OriginalArrivalTime: 13 Sep 2001 04:24:10.0124 (UTC) FILETIME=[EF5CFCC0:01C13C0B]
X-Mailer: Unknown (No Version)

>
>
>Hello All,
>
>
>It is time for everyone to start rallying and not just sit back.....
>
>TRIBUTE TO THE UNITED STATES
>
>This, from a Canadian newspaper, is worth sharing.
>America: The Good Neighbor.
>
>Widespread but only partial news coverage was given
>recently to a remarkable editorial broadcast from
>Toronto by Gordon Sinclair, a Canadian television
>commentator. What follows is the full text of his
>trenchant remarks as printed in the Congressional
>
>Record:
>"This Canadian thinks it is time to speak up for the
>Americans as the most generous and possibly the least
>appreciated people on all the earth.
>
>Germany, Japan and, to a lesser extent, Britain and
>Italy were lifted out of the debris of war by the
>Americans who poured in billions of dollars and
>forgave other billions in debts. None of these
>countries is today paying even the interest on its
>remaining debts to the United States.
>
>When France was in danger of collapsing in 1956,
>it was the Americans who propped it up, and their
>reward was to be insulted and swindled on the streets
>of Paris. I was there. I saw it.
>
>When earthquakes hit distant cities, it is the
>United States that hurries in to help. This spring, 59
>American communities were flattened by tornadoes.
>Nobody helped.
>
>The Marshall Plan and the Truman Policy pumped
>billions of dollars into discouraged countries. Now
>newspapers in those countries are writing about the
>decadent, warmongering Americans.
>
>I'd like to see just one of those countries that
>is gloating over the erosion of the United States
>dollar build its own airplane. Does any other country
>in the world have a plane to equal the Boeing Jumbo
>Jet, the Lockheed Tri-Star, or the Douglas DC10?
>If so, why don't they fly them? Why do all the
>International lines except Russia fly American Planes?
>
>Why does no other land on earth even consider putting
>a man or woman on the moon? You talk about Japanese
>technocracy, and you get radios. You talk about German
>technocracy, and you get automobiles.
>You talk about American technocracy, and you find
>men on the moon - not once, but several times -
>and safely home again.
>
>You talk about scandals, and the Americans put theirs
>right in the store window for everybody to look at .
>Even their draft-dodgers are not pursued and hounded.
>They are here on our streets, and most of them, unless
>they are breaking Canadian laws, are getting American
>dollars from ma and pa at home to spend here.
>
>When the railways of France, Germany and India
>were breaking down through age, it was the Americans
>who rebuilt them. When the Pennsylvania Railroad and
>the New York Central went broke, nobody loaned them an
>old caboose. Both are still broke.
>
>I can name you 5000 times when the Americans raced
>to the help of other people in trouble. Can you name
>me even one time when someone else raced to the
>Americans in trouble? I don't think there was outside
>help even during the San Francisco earthquake.
>
>Our neighbors have faced it alone, and I'm one
>Canadian who is damned tired of hearing them get
>kicked around. They will come out of this thing with
>their flag high. And when they do, they are entitled
>to thumb their nose at the lands that are gloating
>over their present troubles. I hope Canada is not one of
>those."
>
>
>
>
>This is one of the best editorials that I have ever
>read regarding the United States. It is nice that
>one man realizes it. I only wish that the rest of the
>world would realize it. We are always blamed for
>everything, and never even get a thank you for the
>things we do.
>
>I would hope that each of you would send this to
>as many people as you can and emphasize that they
>should send it to as many of their friends until this
>letter is sent to every person on the web. I am just a
>single American that has read this, I SURE HOPE
>THAT A LOT MORE READ IT SOON.
>
>
>God Bless America,
>
>Michael A.
>

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


On Sept 20, the CPUC implemented a system average 1.46 cents per kwh rate increase for bundled service customers of SDG&E.  This is an interim increase specifically designed to alow SDG&E to provide funds to DWR.

While DA is excluded from the increase, the PUC said it will revisit that issue if it finds that any services "funded by the DWR revenue requirement ... provide any benefit to direct access customers."

The decision does not address other surcharge amounts necessary to maintain the small customer rate ceiling or large customer rate freeze (6.5 cents), or whether DA will help fund those additional amounts.

In the case, we had argued that DA should not have to pay either type of surcharge, so, so far so good.


Post Date: November 13, 2001
Category: SHORT-TERM FIRM CAPACITY
Subcategory: NWP OFFERS
Subject: 01-314 Soliciting Electronic Bids

Notice Text:

All Shippers Notification: 01-314      Dated November 13, 2001

TO:     ALL SHIPPERS

FROM:   Candace C. Karpakis- (801) 584-6996 wk
                       (801) 971-5983 cellular

                       Williams Gas Pipeline-West
                       Northwest Pipeline Transportation

SUBJECT:        SOLICITING ELECTRONIC BIDS FOR
AVAILABLE FIRM MAINLINE TRANSPORTATION
CAPACITY ON NORTHWEST'S TRANSMISSION
SYSTEM

Northwest has posted the following packages of available firm TF-1
Large Customer transportation capacity to its Electronic Bulletin
Board ("EBB") for competitive bid pursuant to the "Right-of-First-
Refusal; Posting of Pipeline Capacity" provision of Northwest's
Tariff, which requires availability of capacity to be posted to the
EBB subject to bid.  All prearranged terms are indicated below, if
applicable.  The prearranged shipper has the right to match the
highest economic value at the end of the bid period.  If the
prearranged shipper does not match the highest economic value, award
of such capacity will be made according to Northwest's tariff.

NOTE:  BIDS FOR POSTED CAPACITY WILL BE CONDUCTED ELECTRONICALLY AS
CLOSED BIDS ON NORTHWEST PIPELINE'S EBB.  Please contact Candace
Karpakis or your Marketing Services Representative if you encounter
any problems with your EBB bid(s).  DON'T WAIT UNTIL THE LAST MINUTE
TO POST YOUR BID.  Time deadlines are electronically monitored and
implemented.

PACKAGE "L"
From the
November 1, 2001 Posting
EBB OFFER # 589

RECEIPT              DELIVERY          TOTAL       INITIAL PRIMARY      PREARRANGED
POINT                       POINT             DTH/D       CONTRACT TERM        OFFER

X-Over 16        Green Rvr-CIG      23,152       11/16/01-11/17/01            YES

Min. Acceptable Bid:    $0.04 per Dth of daily Volumetric Reservation Contract Demand for Flexible                                                Receipt/Delivery Point Rights

Min. Acceptable Bid Vol:        1 Dth/d
Max. Acceptable Bid Vol:        23,152 Dth/d
Bid Open Date:  11/13/01 - (2:30 pm Central Time)
Bid Close Date: 11/14/01 - (2:30 pm Central Time)
Award Deadline: 11/14/01 - (3:30 pm Central Time)
Evergreen:              Day to Day, One (1) Business Days Prior Written
                                               Notice by Either Party.
Special Terms & Cond:   See 1, 2 and 3 Below.

PACKAGE "M-1"
From the
November 1, 2001 Posting
EBB OFFER # 590

RECEIPT              DELIVERY          TOTAL       INITIAL PRIMARY      PREARRANGED
POINT                     POINT               DTH/D       CONTRACT TERM           OFFER

X-Over 16           Clay Basin          17,263         11/16/01-11/17/01             YES

Min. Acceptable Bid:            $0.04 per Dth of daily Volumetric Reservation Contract Demand for Flexible                                                Receipt/Delivery Point Rights

Min. Acceptable Bid Vol:        1 Dth/d
Max. Acceptable Bid Vol:        17,263 Dth/d
Bid Open Date:  11/13/01 - (2:30 pm Central Time)
Bid Close Date: 11/14/01 - (2:30 pm Central Time)
Award Deadline: 11/14/01 - (3:30 pm Central Time)
Evergreen:              Day to Day, One (1) Business Days Prior Written
                                               Notice by Either Party.
Special Terms & Cond:   See 1, 2 and 3 Below.

PACKAGE "N"
From the
November 1, 2001 Posting
EBB OFFER # 587

RECEIPT              DELIVERY          TOTAL       INITIAL PRIMARY      PREARRANGED
POINT                     POINT               DTH/D       CONTRACT TERM          OFFER

Grn Rvr-McK     Clay Basin           18,152       11/16/01-11/17/01             YES

Min. Acceptable Bid:    $0.04 per Dth of daily Volumetric Reservation Contract Demand for Flexible                                                Receipt/Delivery Point Rights

Min. Acceptable Bid Vol:        1 Dth/d
Max. Acceptable Bid Vol:        18,152 Dth/d
Bid Open Date:  11/13/01 - (2:30 pm Central Time)
Bid Close Date: 11/14/01 - (2:30 pm Central Time)
Award Deadline: 11/14/01 - (3:30 pm Central Time)
Evergreen:              Day to Day, One (1) Business Days Prior Written
                                               Notice by Either Party.
Special Terms & Cond:   See 1, 2 and 3 Below.

PACKAGE "Q"
From the
November 1, 2001 Posting
EBB OFFER # 584

RECEIPT              DELIVERY          TOTAL       INITIAL PRIMARY      PREARRANGED
POINT                     POINT              DTH/D        CONTRACT TERM          OFFER

Clay Basin               Rifle                1,850          11/16/01-11/17/01            YES

Min. Acceptable Bid:    $0.04 per Dth of daily Volumetric Reservation Contract Demand for Flexible                                                Receipt/Delivery Point Rights

Min. Acceptable Bid Vol:        1 Dth/d
Max. Acceptable Bid Vol:        1,850 Dth/d
Bid Open Date:  11/13/01 - (2:30 pm Central Time)
Bid Close Date: 11/14/01 - (2:30 pm Central Time)
Award Deadline: 11/14/01 - (3:30 pm Central Time)
Evergreen:              Day to Day, One (1) Business Days Prior Written
                                               Notice by Either Party.
Special Terms & Cond:   See 1, 2 and 3 Below.

PACKAGE "BB"
From the
November 1, 2001 Posting
EBB OFFER # 586

RECEIPT              DELIVERY          TOTAL       INITIAL PRIMARY      PREARRANGED
POINT                      POINT             DTH/D        CONTRACT TERM           OFFER

West Douglas  Clay Basin           2,354          11/16/01-11/17/01              YES

Min. Acceptable Bid:    $0.04 per Dth of daily Volumetric Reservation Contract Demand for Flexible                                                Receipt/Delivery Point Rights

Min. Acceptable Bid Vol:        1 Dth/d
Max. Acceptable Bid Vol:        2,354 Dth/d
Bid Open Date:  11/13/01 - (2:30 pm Central Time)
Bid Close Date: 11/14/01 - (2:30 pm Central Time)
Award Deadline: 11/14/01 - (3:30 pm Central Time)
Evergreen:              Day to Day, One (1) Business Days Prior Written
                                               Notice by Either Party.
Special Terms & Cond:   See 1, 2 and 3 Below.

SPECIAL TERMS AND CONDITIONS

1. The discount rate shall apply to points utilized by the original shipper
entering into the transportation agreement with Northwest.

2. A shipper will be allowed to release and/or segment and release the capacity
and shipper and replacement shipper may utilize any available points on
Northwest's transmission system without impacting the discount for the
original shipper.

3. This prearranged offer is for a volumetric reservation contract demand. A
monthly base reservation charge per unit of transportation contact demand
shall be the awarded rate/dth multiplied by the dth's delivered during the
month, divided by the total monthly Transportation contract Demand.  In
addition to the Volumetric Reservation Charge Bid, shipper will pay the
volumetric charge, the applicable surcharges and fuel.

PROCEDURE FOR BIDDING FOR
AVAILABLE TRANSPORTATION CAPACITY

The following guidelines will be adhered to for all posted packages of transportation
capacity for electronic bid ("package or packages"):

1. Shipper must submit a separate electronic bid for each package of available
transportation capacity.  Multiple electronic bid(s) can be submitted for the
total available transportation capacity under the specified package OR multiple
rates can be submitted each for a partial amount of available transportation
capacity under the specified package.  If the same Shipper submits multiple bids,
the highest present value for such package of available transportation capacity
shall be considered the valid bid. All other bids from the same Shipper for the
same package of transportation capacity will be discarded.

2. Northwest awards bids based on a net present value calculation.  If bid rate is
        less than minimum tariff rate, the following formula is utilized:  Bid Rate x
        FERC Interest Rate x The Maximum Bid Quantity x 365 days/100/12; or if the
        maximum rate is bid, the following formula is utilized:  Bid Rate x FERC Interest
        Rate x Maximum Bid Quantity x days bid/100. In case of a tie, each tied shipper
        will have the right to improve its bid by submitting an improved bid within 24
        hours of the bid close time.  Such improved bid shall be faxed to (801) 584-7076
        to Candace Karpakis or Patrick Aman.  If a tie still exists, such capacity shall
        be awarded on a prorata basis.

3. Northwest will not accept bids with a primary contract term (Term) longer than
        indicated for the capacity unless maximum rate is bid.

INSTRUCTIONS FOR CREATING A BID FOR
NORTHWEST'S FIRM CAPACITY RELEASE
OFFERS

1. Select "CAPACITY RELEASE" application in Northwest Passage.
2. Select "CREATE/SUB BID FOR NWP CAP" application.  All current offers will
appear.
3. Highlight the offer you are interested in by clicking the left mouse button
on the offer.
4. Select the "TERMS & COND" button at the top of the screen, which is now
active.  The screen will allow you to review the conditions of the offer.
Close this screen when you have finished reviewing.
5. At this point you can review current bids posted for this offer by selecting
the "VIEW BID" button.  Close this screen when you have finished viewing.
6. If you would like to create a bid for this offer, select "CREATE BID" button.
7. If you want to bid the maximum rate for the capacity, select the "BID MAX
RATE" button.
8. Highlight the "END DATE" if you want to modify the end date of the term of
your offer.
9. If you want to modify the receipt/delivery point maximum and minimum volume,
highlight the receipt/delivery point section with the left mouse button and
modify accordingly. Select "SAVE".  If an error appears at the button of the
screen, the error will need to be corrected and the data will need to be
saved again.  If successful, a message will appear indicating the bid
information has saved and the bid rate must be entered.  Select "OK".
10. Select the "RATE" button.  Enter the bid rate.  Select "SAVE".

You have just "CREATED" your bid for the offer.  You now need to
"SUBMIT" your bid as follows:

11. Close out of all screens and return to the "CAPACITY RELEASE" menu screens.

12. To Submit or Review your bid(s), select the "REV/SUB/WDRW NWP CAP BID" button.
All of your bids will appear.  Highlight the "BID IN DRAFT STATUS" that you
would like to submit.  Select the "SUBMIT" button at the top of the screen
topost the bid.

To Withdraw your bid(s), select the "REV/SUB/WDRW NWP CAP" button.
All of your bids will appear.  If the bid has not yet been submitted,
highlight the "BID IN DRAFT STATUS" that you would like to withdraw.
Select the "WITHDRAW" button at the top of the screen to withdraw the
bid.  After a bid has been withdrawn, you can select the "DELETE"
button at the top of the screen to delete it from the screen.
NOTE:  After each selection, always "REFRESH" the screen to get the latest
status.

Word: F\Short Term/Capacity for Bid-All 2001 November 13, 2001 01-314 Vol.doc


The FERC is presently deliberating on more restrictive rules, but I'll answer in the context of the current rules.

There are three main principles behind the current rules:
1. Pipeline can't share shipper information with affiliate
2. Pipeline can't share transportation info with affiliate -- unless pipeline is willing to publicly post info, and
3. Pipeline and affiliates must operate as separately as reasonably possible.

There is no prohibition on the pipeline having affiliate information, but the real root of your question is whether the entities are operating separately.  For example, pipeline gets forward price curve info from affiliate -- we'd argue that this is just info that helps pipeline do its job better.  But, compare with scenario where pipeline has a detailed list of all affiliates sales obligations - price, terms, etc. -- the argument can be made that the entities are not operating separately and the only reason that the pipe has this info is to favor affiliate business.  There was a real case to this effect.  The pipeline & affiliate attended a joint strategy meeting each morning.  The pipeline claimed that it only listened during the meeting.  FERC found that the pipeline and affiliate were not operating separately and fined the pipeline.

So, I'd say that the rules are asymmetric for the case where the pipeline wants access to research/training/historical type info, but probably symmetric when it comes to matters of day to day contracts of transactions.

 -----Original Message-----
From: 	Thames, Davis
Sent:	Tuesday, March 19, 2002 12:29 PM
To:	Corman, Shelley
Subject:	affiliate rule

Shelley, dumb question, but I'm thinking in terms of general synergies for reorgco.  I am familiar with restrictions that prohibit operating info and preferential treatment to marketing affiliates of pipeline co's, but do the regulated pipeline co's have unrestricted access to the info from marketing affiliates?  My guess would be that the rule is asymmetric, but Enron always seemed to treat it as a two-way street.
Thx-
Davis


Stay in touch with linda ro the recommendation.
---------------------- Forwarded by Steven J Kean/NA/Enron on 05/13/2001
08:03 PM ---------------------------

cordia@cordia.com on 05/10/2001 09:08:52 AM
Please respond to cordia@cordia.com
To: "Steven J. Kean" <skean@enron.com>
cc:

Subject: Presidential Gala, May 22nd

SK - Ginger & I have already forwarded some letters, etc. regarding the Gala
to
Linda R.   mm

To:       Friends and Associates

From:    Lou Cordia

Date:    May 9, 2001

Re:       Presidential Gala on May 22nd

I hope you and/or your colleagues will join us in the first major event
honoring President and Mrs. Bush on May 22, 2001 in Washington, D.C.

Would you please consider buying a table for your office or tickets for
individual colleagues?  The reception and dinner is a gathering of government
officials from the White House, U.S. Senate, U.S. House as well as as
Governors and other state and local government leaders.

Please use the attachments to
     -  Purchase a table or ticket(s), and
     -  Forward this e-mail to colleagues.
The deadline to respond is May 18th!

Please e-mail a reply back to me so that I do not bother you with follow-up
emails or phone calls stating:
     -  The number of tickets or a table that you will be purchasing, or
     -  You already purchased your tickets or table, or
     -  You will not be participating in the May 22nd event.

For your use, I am attaching a (1) letter from the Co-Chairmen of the Gala,
Jeff Marcus and Al Hoffman; (2) response form to fax or mail to the RNC; and
(3) hyper-link to the Gala website to register online or join various
membership groups of the RNC.

I look forward to hearing from you.
 - HOFFMAN MARCUS LETTER & RESPONSE FORM2.doc