FYI
---------------------- Forwarded by Ben Jacoby/HOU/ECT on 04/24/2001 02:39 PM
---------------------------

Christopher F Calger
04/24/2001 01:59 PM
To: Ben Jacoby/HOU/ECT@ECT
cc:
Subject: Re: Northwestern Deal

Sounds great.

	Enron North America Corp.

	From:  Ben F Jacoby                           04/24/2001 09:38 AM

Sent by: Ben Jacoby
To: Christopher F Calger/PDX/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, W David Duran/HOU/ECT@ECT, Chris
Booth/NA/Enron@Enron
Subject: Re: Northwestern Deal

Chris:

1. I have not analyzed the TurboPark deal to determine what would constitute
an event of default in that deal and at the same time preclude our ability to
exercise our call option. Finance / Accounting have not provided specific
guidance on this.

2. We have spoke to GE. We have advised them of the deal with Northwestern.
We do not believe the acknowledgement and consent will be a problem, and that
it will follow the same discussion process as has been going on regarding
Pastoria.

3. NW does not have negotiating rights on the acknowledgement and consent.
They must accept it to the extent the one we receive for this deal is
substantially the same as the one for Pastoria (we've attached the Pastoria
form to the letter agreement).

4. If NW flakes, we keep the $8 million, can sue them to close, and can
resell the units. This remote scenario would likely provide us with
additional upside.

5. The only scenario that we don't get paid are the two scenarios outlined in
my previous e-mail: we cannot obtain the GE acknowledgement and consent, or
we otherwise cannot effect the assignment because of a default in E Next. NW
does not have any other outs.

6. The income from the deal is expected to be at least $8 million, but could
be as high as $10 million depending on the exact closing date, and potential
LDs we may receive from GE. I've attached the DASH which contains an income
analysis.

Regards,

Ben

Christopher F Calger
04/24/2001 10:28 AM
To: Ben Jacoby/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron
cc: W David Duran/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron
Subject: Re: Northwestern Deal

Ben and Kay,

What is our performance obligation to E;Next?

Have we spoken to GE re consents?  Is GE going to be difficult because this
is the Frame division, not the Lee J and the LM6000 team?

Does NW have any discretion / approval rights / negotiating rights w/ respect
to the assignment to the LLC?

If NW flakes, can we keep the $8MM or do we have to resell and sue for any
shortfall?

In what scenario(s) would we not get fully paid?

Assuming Sep 1, what is the income from this deal?

Regards,

Chris

	Enron North America Corp.

	From:  Ben F Jacoby                           04/24/2001 08:25 AM

Sent by: Ben Jacoby
To: W David Duran/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, Chris Booth/NA/Enron@Enron
Subject: Northwestern Deal

Dave / Chris:

I wanted to give you both a heads up that the Northwestern (NW) GE 7EA deal
should close today or tomorrow, and advise you of a related earnings
recognition issue.

The deal that we are on the path of closing is consistent with the executed
DASH and works as follows: at the signing of the letter agreement, NW pays
ENA $3 million, with another $5 million paid on July 15 (the Turbine
Deposits). The balance of $40 million is paid by NW at such time as the
assignment of the turbine contract is made to the LLC, and ENA sells the LLC
member interests to NW. The outside date for this to occur, via a notice
provided by NW, is Sept. 1. The $8 million paid by NW, and the obligation to
purchase the member interests is a firm commitment guaranteed by Northwestern
Corp. The only condition to NW's obligation to purchase the member interests
is that ENA effect the assignment of the turbine contract into the LLC. If
ENA does not effect the assignment, then NW would also be entitled to a
return of the $8 million in Turbine Deposits.

This structure is the same we followed for the Intergen deal which closed in
January, except the Intergen deal did not have an extended period between the
date of execution of the letter agreement, and the turbine contract
assignment. In the Intergen deal, ENA did not receive any payments prior to
the assignment and sale of the member interests.

The earnings issue raised by accounting (Herman Manis) is that,
notwithstanding NW's firm commitment to purchase, ENA has two (albeit very
minor) performance obligations. First, ENA has to obtain an Acknowledgement
and Consent from GE prior to or concurrent with exercising its purchase
option with E Next and assigning the turbine contract to the LLC  (we have
had to do this for every turbine transaction). Second, ENA has to perform
under its agreement with E Next in that if there is an event of default prior
to the time we effect the assignment, we theoretically could loose our
purchase option right with E Next and be unable to perform under our
agreement with NW. We have suggested to Herman that both of these items are
perfunctory in nature, and that all income from this transaction should be
recognized upon execution of the letter agreement, We have further stated
that we could obtain a letter from GE solving the first issue, but there is
no solution to the second issue. Herman advised us that to the extent we
receive a letter from GE on the first issue, and can convince Arthur Anderson
that the second item is perfunctory in nature, we could recognize all income
upon execution of the letter agreement (prior to the actual assignment of the
turbine contract to the LLC). He did not think we had a good case relative to
the second issue, and is reluctant to approach Arthur Anderson.

Thus, based on the above, in a worst case we may not be able to recognize any
income form this transaction until Q3. While we think we have a shot at
getting accounting to change their position, we do not think that this
outcome should change our position on the deal as the underlying
profitability is significant. The deal is also consistent with the approved
DASH. We therefore recommend that we proceed with the execution of the letter
agreement, and then decide as to how we should proceed on the income
recognition issue depending on your views regarding income being recognized
in Q2 vs. Q3.

Please advise me if you are OK with us closing on the deal as scheduled, or
if you have any other questions.

Regards,

Ben


I can access the global compensation system from London.  Today I have been
able to log on and to review as read only the info that I submitted on Friday
for bonus and LTI.  I assume that I will be able to access the screens for
merits as well.  Please get back with me via e:mail and let me know our
instructions and time deadlines for merit increases.  I will want to give my
direct reports access to the system so that they can input their
recommendations.  I will also want to send them an e:mail with instructions
and expectations.  Having asked for more funds for the bonus pool, I would
like for us to be within the guidelines for merit increases.  Outside this
process, we can address any increases that may be warranted given the market
data gathered by Todd Burke.  We can process those agreed upon requests, but
will not include those dollars within our merit totals.  That way, won't have
to request additional dollars for these worksheets.  Better not to ask for
exceptions on everything!!!

What is the word on bonus dollars?  Is everything finalized as I submitted?
Let me know.  If we need to talk directly, contact Patti for a number where
you can reach me.  Thanks.


Return Receipt

 Your
 document:

 was received Jeff L. Huston/HQ/VG/CNG
 by:

 at:          01:05:38 PM Today


Please proceed with Stacey on taking the prudency you are comfortable with.   Stacey will have to get approval from Louise and/or Lavo.

Thanks.

 -----Original Message-----
From: 	Gilbert-smith, Doug
Sent:	Wednesday, October 24, 2001 12:44 PM
To:	Presto, Kevin M.
Subject:	schedule C

Kevin,

The actual numbers are $2.9 for LCRA and 2.09 for Green Mountain. The LCRA number was for the transmission spread to Austin and can be released as we have Sandhill and the transmission market is no longer set up as it was in Sept 2000. On the Green Mountain side, $950 K is for scalar risk which may be high, $1 MM for ancillaries and $150 for the QSE exposure I underwrote for the services desk.

I feel comfortable releasing the LCRA and a portion of the Green Mountain scalar and a/s reserves. We have some idea of the a/s risk now but I need to keep some of that in reserve. Obviously the QSE part I need to keep.

Let me know,

Doug


PIRA has published its latest estimates for stocks in the 3 Major OECD
Regions with data thru April 2001. Please go to http://www.pira.com and log
in to PIRA Online. If you do not have a user id and password please contact
John Graziano jgraziano@pira.com to get connected.

Best Regards
The PIRA Energy Group


Robert, Here are the two messages from "Jeff Lawson" and the response I got from Jeff Sprecher at the ICE regarding my complaint. I appreciate your handling this matter.

Andy

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

From:  <jeffreyskilling@yahoo.com>
To: Zipper, Andy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=AZIPPER>
Date: Friday, November 30, 2001 11:34:35 GMT
Subject:

HA HA HA YOU STUPID, ARROGANT FUCK

__________________________________________________
Do You Yahoo!?
Buy the perfect holiday gifts at Yahoo! Shopping.
http://shopping.yahoo.com

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

From:  <jeffreyskilling@yahoo.com>
To: Zipper, Andy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=AZIPPER>
Date: Wednesday, November 21, 2001 8:13:05 GMT
Subject:

Fuck you, you piece of shit.  I can't wait to see you
go down with the ship like all the other vermin.

Smug, paranoid, unhappy mother fucker.

Eat shit.

__________________________________________________
Do You Yahoo!?
Yahoo! GeoCities - quick and easy web site hosting, just $8.95/month.
http://geocities.yahoo.com/ps/info1

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

From:  <jeffrey.sprecher@intcx.com>
To: Zipper, Andy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=AZIPPER>
Date: Monday, November 19, 2001 10:53:36 GMT
Subject:

Andy,

We pulled the log ... found the guy ... and told him to knock it off.
Please let me know if there is a repeat performance.

Best regards, Jeff


Investing in Great Libyan Jamahiriya
Thursday 5th - Friday 6th July 2001 * Royal Garden Hotel, London

Under the Patronage of The General People's Committee For Economy and Trade

Visit http://www.ibcenergy.com/libya/?source=eq176e1c2

Dear Colleague,

I'm delighted to attach a copy of the delegation confirmed by the Libyan government and the updated programme agenda.  As you will see, we have confirmation of a very high level of governmental participation including:

* H.E. Dr Abdusalam Jewer, Secretary for General People's Committee for Economy and Trade and Secretary, Management Committee of Libyan Foreign Investment Board
* H.E. Hassuna Eshawish, Undersecretary for Information & Culture, General People's Committee for Foreign Liaison and International Co-operation
* H.E. Dr Khalid Faraj Al-Zantuti, Undersecretary for the Technical Co-operation, General People's Committee for African Unity
* H.E. Mohamed Abu Alqassim Azwai, Ambassador, Libyan People's Bureau, London

We have also received a letter of support from H.E. Mohamed Abu Alqassim Azwai, Ambassador, Libyan People's Bureau, London.  Visit our website at http://www.ibcenergy.com/libya/?source=eq176e1c2 to view the letter.

Also, please note we are running a pre-conference workshop on Wednesday 4th July entitled Structuring and Financing Business Transactions when Investing in Libya in association with Pitmans and British Arab Commercial Bank.

View the workshop and conference programme updates on the attached document or visit http://www.ibcenergy.com/libya/?source=eq176e1c2.

For registration or further information, contact Patricia Harris on +44 (0) 1932 893857.

Sincerely,

Charlotte Hunt
Senior Conference Producer
IBC Global Conferences
charlotte.hunt@informa.com

-----------------------------------------------------------------

If you do not wish to receive information and news on this subject in future please reply to this email with the message UNSUBSCRIBE in the subject line and you will be instantly removed from this list. Please note that as this is an automated operation replying with unsubscribe in the text of a message will have no effect.

The personal information shown in this e-mail, or provided by you, will be held on a database and may be shared with companies in the Informa Group in the UK and internationally.  Sometimes your details may be obtained from external companies for marketing purposes.  If you do not wish your details to be used for this purpose, please write to the Database Marketing Manager, IBC UK Conferences Limited, Enterprise House, 45 Station Approach, West Byfleet, Surrey, KT14 6NN.  E-mail database@ibcuk.co.uk
 - 163023att.doc


FYI.

----- Forwarded by Sylvia Hu/Corp/Enron on 09/15/2000 11:22 AM -----

	"Springer, Michael" <Michael.Springer@westgroup.com>
	09/14/2000 02:00 AM

		 To: "Syliva Hu (E-mail)" <Sylvia_Hu@enron.com>
		 cc:
		 Subject: FW: Westlaw EU materials

Sylvia,
> Please send out the following announcement to anyone who may be
> interested:
> European Union Legislative Materials and Case Law on Westlaw
> FREE USE FROM SEPTEMBER 1 THROUGH SEPTEMBER 30TH, 2000.
> For more information, see: http://www.westlaw.com/DbOptions/eu/
>
> Thanks,
> --Michael
>
> Michael C. Springer, JD/MBA
> Corporate Account Manager - West Online
>
> Bank Of America Center
> 700 Louisiana, Suite 2610 / Houston, TX 77002
>
> (713)228-9378 Ext. 7118 or (800)858-9378 Ext. 7118
> Fax (713)224-5699  mailto:michael.springer@westgroup.com
> All information contained in this e-mail is confidential.
> It is intended for use by recipient(s) only and is not
> for distribution.
>
>
>


Deskheads:

After this week I was going to discontinue lunches other than bidweek for everyone except EOL traders.  There are too many people going downstairs to get their lunch and your cost center is being charged daily whether people eat or not.  I have had a couple of you approach me that you still would like for your groups to be included in daily lunches.  Please email me by tommorrow and let me know if you would like to continue.   For those that do not, I will notify your groups that this Wednesday will be the last day for their groups to eat.

Thank you,
Ina Rangel
Administrative Coordinator
Enron North America
713-853-7257 Voice
713-646-3604 Fax


The letter looks fine.

	Gregg Penman@ENRON
	05/07/2001 11:23 AM

		 To: Stacy E Dickson/HOU/ECT@ECT
		 cc:
		 Subject: RE: Agent Letter

Here is the agency letter that Mary drafted.

Gregg
----- Forwarded by Gregg Penman/Corp/Enron on 05/07/2001 11:27 AM -----

	m.klyasheff@pecorp.com
	05/04/2001 07:53 AM

		 To: r.rodriguez@pecorp.com
		 cc: Gregg.Penman@enron.com
		 Subject: RE: Agent Letter

 Attached, for enovate's and Allegheny's consideration, is a draft
letter appointing enovate as Allegheny's agent for purposes of managing
Allegheny's agreement with Peoples Gas.

 <<Allegheny letter.doc>>

> ----------
> From:  Rodriguez, Roy
> Sent:  Thursday, May 03, 2001 4:35 PM
> To:  Klyasheff, Mary P.
> Subject:  Agent Letter
>
> Mary can you draft some recommended language stating Allegheny will
> appoint enovate agent to the executed Exchange agreement dated ? between
> PGL and Allegheny.
>
> I will ask Allegheny to take this language and place it on their letter
> head and send it to PGL. Note, we prefer this method instead of placing
> the language in the actual Exchange agreement.
>
> Thanks Mary
>
> P.S.  We expect to have language back from Allegheny on both contracts by
> tomorrow afternoon.
>
>

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

 - Allegheny letter.doc


Martha, I don't have any bullets but could you please send me last week's --
I think there are some old ones that need to be deleted.  Thanks.

MARTHA
BENNER
12/07/2000 01:00 PM

To: Lee Huber/ET&S/Enron@ENRON, Tony Pryor/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON
cc: Janet Cones/FGT/Enron@ENRON, Denise LaGesse/ET&S/Enron@ENRON, Ann
Smith/ET&S/Enron@ENRON

Subject: Bullets

Please get your bullets in tomorrow in the morning.  Tomorrow night is our
Christmas party and we want to leave the office early so we can get home and
get pretty before the event.

Thanks......Martha


I will be attending.

	jennifer.m.erich@exxonmobil.com
	03/29/2001 03:57 PM

		 To: alexander.martinez@exxon.sprint.com, aderich2@exxon.sprint.com,
carrie.e.nolan@exxonmobil.com, catredd@altavista.com, crankin50@netzero.net,
cynthia.sanmarco@cox.com, D.L._Feuerbach@exxonmobil.com, ecunni4204@aol.com,
eric.gillaspie@enron.com, gerald.nemec@enron.com,
jenny.a.joyce@exxonmobil.com, jgillaspieCI3@netzero.net,
laura@curtiswindam.com, M_.A._Tryggestad@exxonmobil.com,
mark.a.rosin@exxonmobil.com, melissa.j.morse@exxon.sprint.com,
N.E._Reish@exxonmobil.com, lfeuerbach@mfah.org
		 cc:
		 Subject: Reminder: Coed Shower for Ryan and Laura is this Saturday

Reminder!!  The Coed Shower/Fiesta for Ryan and Laura is THIS Saturday at
6pm.  Directions are below.   Thanks to those who have RSVP'd, if you have
not please do so by tomorrow afternoon!  The couple is registered at Crate
and Barrel, Bed, Bath and Beyond and Dillards.  Otherwise bring a goofy,
raunchy, or totally inappropriate gift of your choice!  This will be great
fun!  See you Saturday!

Call if you have questions:  713-520-5812

-Jennifer

Jennifer M. Erich
ExxonMobil
     Production

WGR 568
p. 713-431-1847
f. 713-431-1482

                    Jennifer M
                    Erich                To:     Rob E
Johnston/U-Houston/ExxonMobil@xom, Jenny A
                                           Joyce/U-Houston/ExxonMobil@xom,
Mark A Rosin/U-Houston/ExxonMobil@xom,
                                           Rebecca
Harrington/U-Houston/ExxonMobil@xom, Linda M
                    03/08/2001             Price/U-Houston/ExxonMobil@xom,
Eric L Olson/U-Houston/ExxonMobil@xom,
                    03:03 PM               N.E. (Nathan)
Reish/nereish/Americas/Exxon@c-Americas9, Melissa J.

Morse/mjmorse/Americas/Exxon@c-Americas8, D.L. (Daniel)

Feuerbach/dlfeuer/Americas/Exxon@c-Americas11, M .A. (Mike)

Tryggestad/matrygg/Americas/Exxon@c-Americas12,
                                           eric.gillaspie@enron.com,
gerald.nemec@enron.com,
                                           jgillaspieCI3@netzero.net,
crankin50@netzero.net,
                                           laura@curtiswindam.com,
christina@curtiswindham.com,
                                           catredd@altavista.com,
ecunni4204@aol.com, cynthia.sanmarco@cox.com,
                                           Alexander
Martinez/a9marti/Americas/Exxon@c-Americas7
                                         cc:     Andrew D.
Erich/aderich/Americas/Exxon@c-Americas5, Carrie E
                                           Nolan/U-Houston/ExxonMobil@xom
                                         Subject:     Coed Shower for Ryan
and Laura

You are invited to attend a "Coed Shower" for Ryan Ruppert and Laura
Gammell to celebrate the couple's upcoming nuptials.  Ryan and Laura are
going to be wed on May 5th, that's right.... Cinco de Mayo!  In honor of
the Cinco de Mayo wedding, Mexican style snacks and drinks will be served.
It will be quite a FIESTA!!!

                     Where:  Carrie Nolan's Apartment
                    When:  Saturday March 31st, 6pm- ?
What:  Feel free to bring a gag gift or traditional gift or just show up to
                              wish them well!

Please RSVP to this e-mail by March 25th:  jennifer.m.erich@exxonmobil.com

                          Directions to Carrie's:
      Get to W. Alabama and Kirby somehow...boat, bike, motorhome...
Go North on Kirby ONE BLOCK to Steel St (Directly across from Whole Foods),
 take a Left on Steel St.  First Apt bldg on Right...#2626!  713-524-8511

Jennifer M. Erich
US West- Frio Trend

ExxonMobil
     Production

WGR 568
p. 713-431-1847
f. 713-431-1482


What conference? Rick


[IMAGE]
	CultureFinder.com ~~~ New York City Newsletter ~~~ January 18, 2002
 Keving Bacon Stars in An Almost Holy Picture  [IMAGE]Roundabout Theatre Company presents An Almost Holy Picture at the American Airlines Theatre. Kevin Bacon plays Samuel Gentle, a groundskeeper for The Church of the Holy Comforter who has heard God's call, but can't comprehend His mysteries. His sometime poignant, sometimes comic journey of faith is the subject of this new play by American playwright Heather McDonald, directed by Michael Mayer. John Dossett will play the role of Samuel Gentle once a week. Performances begin January 22.   An Almost Holy Picture   Molly Ringwold in Cabaret  [IMAGE]Molly Ringwold is currently taking her star turn as Sally Bowles in the long-running hit "Cabaret" at Studio 54. Where better than the site of that licentious center of 70s sex and music, Studio 54, to stage Academy Award-winning director Sam Mendes' steamy revival of the Kander and Ebb musical?   Cabaret   Bea Arthur on Broadway  [IMAGE]Bea Arthur brings her one-woman show to Broadway in a warm and funny musical evening in which she tells of the triumphs and tribulations of her celebrated career interwoven with 17 delightful songs including "Bosom Buddies", "It Never Was You", "Some People" and "Fifty Percent". Performances begin January 29 at the Booth Theatre.   Bea Arthur on Broadway   	 FEATURED The All-Broadway Edition  Recently, we've been taking note of your comments on our newsletters, and the overwhelming message we're getting is to give you more information about Broadway shows. It's as if all the focus on the theater community since September 11th has unleashed a tremendous local interest in going to Broadway. As such, this edition features several new shows, and our next edition in two weeks will be all about Off-Broadway. We hope you enjoy it, and that you'll buy some tickets!  Eugene Carr President   CultureFinder.com's Broadway Listings   Relevant Links  Broadway Shows   Off-Broadway Shows   Broadway On Tour
	Note to Advertisers and Arts Administrators: For more information on promoting your organization or product in this newsletter or through CultureFinder.com please contact us at business@culturefinder.com.

If you wish to be removed from further mailings, reply to this message with REMOVE in the subject line or click on the following link:  http://culturefinder.pmail.biz/pmailweb/uss?ide=AcdsfCSG1KXQ2x3nBg
If you would like to change your e-mail preferences or update your email address, click on the following link:  http://culturefinder.pmail.biz/pmailweb/setup?pide=AftvQ6uJiwuKGYNOpw  [IMAGE]


Here is the file.  We used Victor's transport model that he uses for all of
the other transport deals.  The omicron volatility curve that we used was 11
- the same as other Chigate deals.  Give me a shout with any questions.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 07/10/2000
10:54 AM ---------------------------

	Enron North America Corp.

	From:  Victor Guggenheim                           07/10/2000 10:58 AM

To: Phillip M Love/HOU/ECT@ECT
cc:
Subject:


Ami,,,,
I agree with you through the 17th.
Thanks!!
---------------------- Forwarded by Tim Powell/LSP/ENSERCH/US on 07/18/2000
12:57 PM ---------------------------

Ami.Chokshi@enron.com on 07/18/2000 11:09:40 AM

To:   Tim Powell/LSP/ENSERCH/US@TU
cc:
Subject:  Enron / HPL Actuals for July 17, 2000

Through the 17th, the actual volumes total:

HPLR           1,320,000
Enron          660,000
No Gas Daily

Please advise.
Ami
---------------------- Forwarded by Ami Chokshi/Corp/Enron on 07/18/2000
11:07 AM ---------------------------

"Melissa Jones" <mjones7@txu.com> on 07/18/2000 10:13:29 AM

To:   "Charlie Stone" <cstone1@txu.com>, "Gary Green" <ggreen2@txu.com>,
      timpowell@txu.com, daren.j.farmer@enron.com, gary.a.hanks@enron.com,
      carlos.j.rodriguez@enron.com, earl.tisdale@enron.com,
      ami.chokshi@enron.com
cc:

Subject:  Enron / HPL Actuals for July 17, 2000

Teco Tap       10.000 / Enron ; 80.000 / HPL IFERC

LS HPL LSK IC       30.000 / Enron


give me a call today!!

713-853-6203

MC


I have reviewed the term sheet and I am fine with the form.

I did spot a potential issue with the Transport piece of the proposal.  If ENA holds transport on NNG, it cannot simply sell use of that capacity to Unocal.  The shipper of record with NNG needs to hold title to the gas that is being transported.  For Unocal to utilize this capacity, they would need to either directly contract with NNG for such capacity, or ENA would acquire the capacity then "Capacity Release" the capacity to Unocal.  The Capacity Release would be subject to NNG bulletin board posting requirements.    Let me know if you want to discuss further.

 -----Original Message-----
From: 	Druzbik, Lisa
Sent:	Thursday, September 06, 2001 1:54 PM
To:	Nemec, Gerald
Cc:	Higgins, Ned; Hilgert, Chris; Freeman, Ben
Subject:	Unocal Term Sheet
Importance:	High

Gerald,
Per our conversation yesterday, attached is the Unocal Term Sheet for your review and comment.  This is a non-binding proposal.  Note that the items in red are either questionable items or rates/prices that need to be confirmed and/or filled in.
 << File: Unocal Keystone Term Sheet (Sep-06).doc >>

The compression guys are meeting with Unocal tomorrow (Friday) early afternoon to discuss the project and term sheet.

Please advise.

Thanks, Lisa Druzbik
3-9620


Notice #00-331
October 12, 2000

TO:
ALL NYMEX DIVISION MEMBERS
ALL NYMEX DIVISION CLEARING MEMBERS
ALL MEMBER FIRMS

FROM: Neal Wolkoff, Executive Vice-President

SUBJECT: PROPOSED RULE TO ALLOW STRIP TRADING IN PROPANE
______________________________________________________________________________
___

The NYMEX Board of Directors has voted to allow strip trading in the Propane
Contract.  The proposed amendment to Rule 6.08D must be reviewed by the
Commodity Futures Trading Commission (CFTC) prior to implementation.  The
proposed rule amendment is attached below.

This rule amendment will become effective after CFTC approval is received.
The Membership will be notified when strip trading will begin.

If you have any questions, please contact Daniel Brusstar at (212) 299-2604.

PROPOSED RULE AMENDMENT
(*Asteriks* surrounding a word or phrase represent an addition, and
[brackets] a deletion)

NYMEX Floor Rules
Rule 6.08D.   STRIP TRANSACTIONS

(A) Definition:  A strip transaction shall consist of either the simultaneous
purchase or sale of an equal number of contracts in each of two or more
consecutive contract months for crude oil futures, natural gas futures,
heating oil futures, gasoline futures, *propane futures,* or electricity
futures for a single account that is quoted and traded at a single price.

(B) Floor Members executing strip transactions shall properly record them in
writing so as to permit the identification of the strip transactions and the
parties thereto.  All strip transactions for futures contracts for crude oil,
natural gas, heating oil, gasoline, *propane,* or electricity on the Exchange
trading floor must be made by open outcry in the trading rings for crude oil,
natural gas, heating oil, gasoline, *propane,* or electricity, as
applicable.  All strip transactions must be in line with prevailing contract
prices for strip transactions and the prices of futures contracts for crude
oil, natural gas, heating oil, gasoline,  *propane,* or electricity, as
applicable, comprising the strip transaction shall be within the permissible
price limits of the contract months traded.

(C) The seller in each strip transaction must report on the hard copy ply of
his or her trading card the price of the strip transaction to the Exchange.
The Exchange shall then assign the prices for each of the crude oil, natural
gas, heating oil, gasoline, *propane,* or electricity futures contracts
months comprising the strip transaction pursuant to a methodology as
established by the Exchange.

(D) Except as provided in Rule 6.08C(C), strip transactions shall not set off
stops in any contract.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(00-331)"

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


You're right - bankruptcy is a likely move for PG&E. But this deal was
entered in place of an existing position we had with PG&E in the California
Power Exchange, and it's been approved by our legal and credit departments.

Let me know if you have further questions.

Thanks,
Kate

	From:  Sharen Cason                           01/17/2001 01:12 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: #499147

This deal is with PG&E.  I thought they were going into bankruptcy.  Can you
check and see if this is a wrong co name or what.

Thanks!


October 2000

October 5
ELECTION WATCH 2000
Karlyn Bowman, Norm Ornstein, Bill Schneider, and Ben Wattenberg
Thursday, 8:00*9:30 a.m. ($60)

October 6
NNOVATION IN THE PHARMACEUTICAL INDUSTRY: NEW EVIDENCE ON STRUCTURE,
PROCESS, AND OUTCOMES
Health Policy Discussion
Joseph DiMasi, Tufts University; Henry Grabowski, Duke University; and Hannah
Kettler, American Enterprise Institute and Office of Health Economics
Friday, 9:15*11:45 a.m.

 STUDY OF REVENGE
Book Forum
J. Gilmore Childers, Orrick, Herrington, & Sutcliffe; Laurie Mylroie, author
of Study of Revenge; Richard Perle, American Enterprise Institute; and R.
James Woolsey, Shea & Gardner Friday, noon-2:00 p.m.
October 11
TRADE POLICY AND THE PRESIDENTIAL ELECTION Trade Policy Seminar
Jagdish Bhagwati, Columbia University; Rep. Jim Kolbe, (R-Ariz.) (If Congress
is still in session); Ira Shapiro, former general counsel and U.S. trade
representative; and Michael B. Smith, former deputy U.S. trade representative
Wednesday, 8:00*9:30 a.m.

October 12
CULTURE AND ECONOMIC DEVELOPMENT
 Book Forum
Lawrence E. Harrison, Harvard University and Samuel P. Huntington, Harvard
University
Thursday, 10:00 a.m.*noon

October 13
ARE CORPORATE TAX SHELTERS AN *ABUSE* THAT SHOULD BE STOPPED?
Tax Policy Seminar
Daniel Shaviro, New York University
Friday, 9:15*11:00 a.m.

October 19
PEOPLE'S LIBERATION ARMY AFTER NEXT
Book Forum
Kenneth Allen, Tasc; Richard Bitzinger, Atlantic Council; Bernard Cole,
National Defense University; Lonnie Henley, Defense Intelligence
Agency(invited); Susan Puska, Department of Defense; Mark Stokes, Department
of Defense (invited); and Bill Triplett, U.S. Senate
Thursday, 3:00*5:00 p.m.

October 23
THE NEW ERA OF TAIWAN'S DEMOCRATIZATION Symposium
You-ping Cheng, Taiwan University; Alexander Huang, Eurasian Foundation;
James Lilley, American Enterprise Institute and former Ambassador to South
Korea and the People's Republic of China; Chia-lung Lin, National Security
Council of Taiwan; and Emile Sheng, Soochow University  Monday, 9:00
a.m.*3:00 p.m.

October 25
PREPARING TO BE PRESIDENT
Book Forum
Richard E. Neustadt
Wednesday, 10:00 a.m.* noon

All events are in the Wohlstetter Conference Center, AEI, twelfth floor.
Contact: Elizabeth Bowen, 202.862.5880


FYI.  Can you join?
----- Forwarded by Jeff Dasovich/NA/Enron on 05/18/2001 05:05 PM -----

	"Angeles, Zenee G. - TPZGA" <ZAngeles@sempra.com>
	05/18/2001 02:24 PM

		 To: "'McCrea, Keith@CIG/CM'" <kmccrea@sablaw.com>, "'Chancellor,
Craig@Calpine'" <craigc@calpine.com>, "'Clark, A@Calpine'"
<clarka@calpine.com>, "'Dasovich, Jeff@Enron'" <jdasovic@enron.com>,
"'Counihan, Rick@Green Mountain'" <rick.counihan@greenmountain.com>, "'Kahl,
Evelyn@IP'" <ek@a-klaw.com>, "'Leslie, John'" <jleslie@luce.com>,
"'Alexander, Michael@sce'" <alexanms@sce.com>, "'Rochman, Michael@SPURR'"
<rochmanm@spurr.org>, "'Rochman, Michael@CUB'" <rochmanm@cubjpa.org>,
"'Beach, Thomas@Crossborder'" <tomb@crossborderenergy.com>, "'Burkholder,
John@WHP-Beta'" <burkee@cts.com>, "'Day, Michael@GMSSR'" <mday@gmssr.com>,
"'Gileau, Patrick@CPUC'" <plg@cpuc.ca.gov>, "'Yoo, Salle@dwt'"
<salleyoo@dwt.com>, "'Pocta, Mark@ORA'" <rmp@cpuc.ca.gov>
		 cc: "Lorenz, Lad - TPLPL" <LLorenz@socalgas.com>, "Wright, Gillian - TP1GXW"
<GWright@sempra.com>, "Sullivan, Glen J." <GSullivan@sempra.com>
		 Subject: May 21 - 8:30 AM - conference call

sending on behalf of Lad Lorenz.....

??????? ???????  <<GIR-enbanc conf call.doc>>
???????

Thank you.

Zenee Angeles
SEMPRA ENERGY
213/244-3831

 - GIR-enbanc conf call.doc


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Daily Energy Letter
http://www.carrfut.com/research/Energy1/Energy-Letter12-10-01.pdf


Reyna,  this is to confirm that the SBA-TI's should be scheduled after primary but before all other nominations.  sjk

 -----Original Message-----
From: 	Cabrera, Reyna
Sent:	Tuesday, August 21, 2001 8:50 AM
To:	Kirk, Steve; Neville, Sue; Miller, Kent
Cc:	Blair, Lynn; Bodnar, Michael; Buchanan, John; Kowalke, Terry; Medeles, Gerry; Black, Legale ; January, Steven
Subject:	FW: SBA Priority during Allocations

Steve,
Back in June we discussed the issue of the SBAs' priority during an Allocation.  The Business Development group and Contracts are in the process of making the necessary changes so that CMS can distinguish ITs associated with SBA activity from other IT agreements and are second through the meter after Primary during allocations.  For your information, below are the comments from the various people involved in this issue

Please let us know if you have any further concerns regarding this issue.  Thanks for your continued help in this matter.

Reyna Cabrera
X33072

 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Tuesday, August 21, 2001 6:47 AM
To:	Blair, Lynn
Cc:	Buchanan, John; Kowalke, Terry; Medeles, Gerry; Cabrera, Reyna; January, Steven
Subject:	RE: SBA Priority during Allocations

I believe Reyna, et al, have held discussions with the Reg Types and received the green light to go forward, but I will confirm.

Regarding (2.), With the new contract system being developed, the monitoring of contract provisions via the system should be do-able. I am sure both CMS and TMS will be involved in the effort.

 -----Original Message-----
From: 	Blair, Lynn
Sent:	Tuesday, August 21, 2001 6:19 AM
To:	Bodnar, Michael
Cc:	Buchanan, John; Kowalke, Terry; Medeles, Gerry; Cabrera, Reyna; January, Steven
Subject:	RE: SBA Priority during Allocations

	Mike, thanks for the update.  I have a couple of questions/comments:

	1.  Is Legal and Regulatory in the loop on these decisions?

	2.  Anything we can automate, I would like to ensure we have the automation on the enhancement
	     list.  I like the idea of automating the last bullet.  I am not sure if it is in CMS or elsewhere, but
	     I would like to be sure we pursue this automation.
	Thanks. Lynn

 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Monday, August 20, 2001 9:04 AM
To:	Blair, Lynn
Cc:	Buchanan, John; Kowalke, Terry; Medeles, Gerry; Cabrera, Reyna
Subject:	FW: SBA Priority during Allocations

Lynn,
Below is a list of issues that were raised at the meeting held w/ Gerry and Reyna (attended by John and I) ......As far as I know, we haven't yet heard back from Sue regarding the issues raised.

....Immediately below is LT's response to adding a "hook" in CMS that would distinguish ITs associated with SBA activity from other IT agreements....

More as it develops!

 -----Original Message-----
From: 	Trevino, Linda
Sent:	Monday, August 20, 2001 8:41 AM
To:	Cabrera, Reyna; Bodnar, Michael
Subject:	RE: SBA Priority during Allocations

I don't have a problem adding a subtype on the IT's of SBA.  I'm not sure I understand your last bullet. Can you give me more info.

LT

 -----Original Message-----
From: 	Cabrera, Reyna
Sent:	Tuesday, August 14, 2001 3:32 PM
To:	Neville, Sue; Medeles, Gerry
Cc:	Threet, Kay; Bodnar, Michael; Trevino, Linda
Subject:	SBA Priority during Allocations

Sue,
During the meeting today with Gerry to discuss the SBA priority during allocations, some of the following issues came up:  (Gerry, correct me if I misunderstood anything)

If we ever call an SBA to bring in gas after the timely cycle, do we still want them to have priority over Alternate and Interruptible? (my opinion is no, they should only have this priority during the timely cycle).
If the SBAs bring in gas at a secondary point, do we still want them to have priority over Alternate and Interruptible?  (my opinion is no, they should only have this priority at Primary Points).
Are we aware that an Alternate shipper who has flowing rights from the previous day might get "squeezed" out of the same entitlement on a day that an SBA shipper is given priority over Alternate?  Might have some mad shippers.
How will SBA volumes be posted on the EBB if there is an allocation: Interruptible???
Because the current methodology for allocation is based on a "point", they don't follow the downstream, will the IT contracts currently being used have to be identified through the contracts department as "SBA IT"?
This is for the future contracts system:  Should we ask that the new contract system to automate all the manual processes of the SBAs such as account balance and carryover days in order for the system to be able to validate this criteria?

Reyna Cabrera
(713) 853-3072


attached are communications materials related to PGE's settlement of Trojan
cost recovery issues.
---------------------- Forwarded by Mark Palmer/Corp/Enron on 08/11/2000
06:55 PM ---------------------------
From: Mark Fryburg/ENRON@Gateway on 08/11/2000 03:11 PM
To: Mark Palmer/Corp/Enron@ENRON, Pamela Lesh/ENRON@Gateway, Randy
Dahlgren/ENRON@Gateway, Ron W JOHNSON/ENRON@Gateway, Carol
Dillin/ENRON@Gateway, FRED MILLER/ENRON@Gateway, Gail Baker/ENRON@Gateway
cc: Kregg Arntson/ENRON@Gateway, Patrick Stupek/ENRON@Gateway

Subject: Trojan Settlement Media Materials

For your review, I've attached all the draft external publications we're
preparing related to the Trojan Cost Recovery Settlement.

- Key Messages (power point)
- News Release
- Media Facts - Q & A

As we may have an announcement early next week, it would be greatly
appreciated if I could receive your feedback today.

(An internal  only "Issues and Perspective" is also being prepared.)

Many thanks,

- Mark


Please see the attached articles:

  (Ken Lay quoted)


Any response from Pushkar's dealer friends?

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 David M Gagliardi/TTG/HouInd on 07/05/01 03:55 PM -----

                    "Gagliardi,
                    Michael"             To:     "'dgagliardi@reliantenergy.com'" <dgagliardi@reliantenergy.com>,
                    <mgagliardi@u        "'tony.a.rogers@fritolay.com'" <tony.a.rogers@fritolay.com>
                    nocal.com>           cc:
                                         Subject:     FW: True Orange E-Mail/Fax #63
                    07/05/01
                    03:08 PM

> -----Original Message-----
> From:         TruOrange@aol.com [SMTP:TruOrange@aol.com]
> Sent:         Thursday, July 05, 2001 1:49 PM
> To:           TruOrange@aol.com
> Subject:           True Orange E-Mail/Fax #63
>
> True Orange E-Mail/Fax Service
> Volume 9, E-Mail/Fax #63, Thursday, June 27, 2001
> Jerry Scarbrough's True Orange, P. O. Box 26530, Austin, Texas 78755 -
> Phone
> 512-795-8536
>
> Horns' 10th Pledge Comes From Allen Offensive Lineman with 22 Offers
>
> OL Neale Tweedie, 6-5, 260, 4.9, of Allen told me today he has 22
> scholarship
> offers "and I planned to look around a lot before I did anything, but
> Texas
> just kind of blew me away and I committed to coach Hardee McCrary Tuesday

> evening and coach (Mack) Brown Wednesday."
> "I didn't go to any camps, but I went to Notre Dame and Texas A&M and
> Texas
> to look around. I had planned to go to Oklahoma, too, to take a look, but

> Texas just really impressed me and I decided to go ahead and commit to
> Texas
> and get it all behind me."
> Tweedie said his top four schools were Texas, A&M, Notre Dame and OU, but
> he
> said he had 22 scholarship offers earlier this summer, and "I might have
> gotten one or two more since then, but all the schools I was interested
in
>
> were in that 22."
> "I really like the coaches and the players at Texas," he said. "The
> chemistry
> at Texas is just tremendous. I knew right away when I visited that's
where
> I
> wanted to be."
> Tweedie plays tackle at Allen, but said he wouldn't mind moving to guard
> or
> center. "I think they want me to play tackle," he said, "but I just want
> to
> play wherever I can help the most."
> He has very quick feet and is extremely athletic. He's very strong for
his
>
> size, too, and is an extremely aggressive blocker. He also is a varsity
> wrestler and has thrown the discus 179 feet.
> Tweedie also is a  very good student, with a 3.7 GPA on a 4.0 scale and a

> 1080 SAT score.
> * * * *
> Tweedie is the Longhorns' tenth commitment this summer, joining LB Marcus

> Myers, 6-3, 220, 4.5, of Pflugerville Connally; TE-LB David Thomas, 6-3,
> 210,
> 4.6, of Wolfforth Frenship;  WR Dustin Miksch, 6-0, 165, 4.4, of Round
> Rock
> Westwood;  QB Billy Don Malone, 6-2 1/2, 185, 4.7, of  Paris North Lamar;
>
> RB/Athlete Clint Haney, 5-11, 190, 4.27 of Smithson Valley; OL Brett
> Valdez,
> 6-4, 310, 5.1, of  Brownwood, and DTs Sonny Davis, 6-1, 320, 5.0, of Gulf

> Coast JC in Mississippi, Earl Anderson, 6-4, 270, 4.8, of San Marcos and
> Lyle
> Sendlein, 6-4,  260, 4.8, of Scottsdale Chaparral, the two-time defending

> Class 4A champion in Arizona.
> Texas is very close to getting commitment number 11. LB Brian Robison,
> 6-3,
> 245, 4.6, of Splendora, told me Wednesday night he has narrowed his
> choices
> to Texas and Houston, and is leaning the Longhorns' way. "I visited Texas
> A&M
> and LSU, too, and I had planned to visit Arkansas, but I decided Texas
and
>
> Houston are the two schools I really like, and I think I'll probably
> commit
> to Texas as soon as the Junior Olympics are over."
> Robison has thrown the shot 62-7, the discus 197-1 and the the javelin
> 172-10, and he has qualified for the Junior Olympic finals in Virginia
in
>
> late July.
> FOOTBALL NOTES: The Longhorn freshmen will report on August 6 and the
> varsity
> will report on August 9. That means the first freshman practice will be
on
>
> Tuesday, August 7, and the first practice by the entire squad will be on
> Friday, August 10. All of the practices are open until about a week
before
>
> the Sept. 1 opener against New Mexico State in Austin. . . All of the
> injured
> Longhorn football players except TE Artie Ellis appear to be completely
> recovered from their problems of last season. Ellis, who has had trouble
> with
> a stress fracture in his shin, might make it back in time for next
season,
>
> but he isn't ready to go full speed right now.
> * * * *
> BASKETBALL NOTES: Head coach Rick Barnes has promoted his administrative
> assistant, Russell Springmann, 31, to replace Ed Kohtala as his third
> assistant coach. Kohtala left to become head coach at Alma College in
> Michigan. Springmann has been with Barnes throughout his three years at
> Texas
> and has been active in on-campus recruiting (only two assistants can
> recruit
> off campus), has helped organize the summer camps and has performed many
> other duties on the basketball staff. . . Daniel Horton, 6-2, an
> outstanding
> shooting guard at Cedar Hill, has chosen Michigan over Texas and Florida.

> Shooting guard Bracey Wright, also 6-2, of The Colony, is one of the top
> recruits in the nation and Texas is among his leaders. The loss of Horton

> won't be a problem if Wright comes aboard. If Wright goes elsewhere,
> losing
> the top two shooting guards in Texas will force Barnes to look elsewhere
> for
> a top scoring guard.
> * * * *
> My next e-mail/fax will be whenever events warrant.
> * * * *
> The True Orange E-Mail/Fax Service includes  at  least  99 fax/e-mails  a

> year and costs $99 ($79 by E-Mail). The True Orange Newsletter includes
> 26
> newsletters and is published weekly during football season and twice
> monthly
> during most of the other months. It costs $45. Save by subscribing to
both
>
> for $130 (or $110 if you take the faxes via E-Mail  or $99 if you take
the
>
> faxes and newsletter  via E-Mail). Send check  to address at the top of
> page.
> I also  update my 900 number - 1-900-288-8839 - frequently with
recruiting
>
> news. My E-Mail address is: truorange@aol.com.


Please send Pam Benson the information for Joe on where to send the check,
who to make it out to , etc
---------------------- Forwarded by Steven J Kean/HOU/EES on 08/29/99 03:15
PM ---------------------------

Joseph W Sutton@ENRON_DEVELOPMENT
08/27/99 05:38 AM
To: Steven J Kean/HOU/EES@EES
cc: Pam Benson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re:

Okay, thanks, Joe

Steven J Kean@EES
08/26/99 01:08 PM
To: Joseph W Sutton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject:

Joe -- Tom Delay is having an event in Houston on Sept 1.  A table is $5000.
Jeff is giving, I'm giving and the PAC is giving.  Would you be willing to
give 1000?


582324 - Grays Harbor Paper Mill
582322 - Las Vegas Cogeneration

I've added the unit names to the deals and reminded Les that they need to be
in the comments section. He was under the impression that the guideline sheet
he sent out re: unit names spelled out the answers, but I took another look
at it and it doesn't seem to really answer anything. I've attached it just in
case you don't have it anymore - but please let me know if this assists you
guys in ANY way. If it doesn't, I can probably get him to draw up something
more useful.

Thanks,
Kate

From Les Rawson:

Here's the list of current Service's Desk customers we sell as Unit
Contingent. We want to confirm the sales but not the purchases.

Lv Cogen. located within Nevada Power service territory.

Unit ID: LV Cogen. unit located in North Las Vegas

Could be sold at Nevada Power system, Mead 230, Navajo, McCullough, Red Butte.

Saguaro Power Company located within Nevada Power service territory.

Unit ID: Saguaro Power unit located in Henderson Nevada.

Sale Points: Nevada System, Mead 230, Navajo, McCullough, Red Butte.

Grays Harbor Paper L.P. located in BPA service territory. Behind Grays Harbor
PUD.

Unit ID: Grays Harbor Paper unit located in Haquiam, WA.

Sale Points: Entire Northwest interconnect.

Willamette Ind. located in PacifiCorp's service territory.

Unit ID; Willamette Ind. Albany Paper mill, located in Albany, Or.

Sale Points: Entire Northwest interconnect.


The E&Y representatives (for the Creditors Committee) will be back in the office tomorrow (Wednesday) morning.  They want to continue to learn about how we conduct our business and may want to pay particular attention to how we value transactions in deciding termination amounts.  This has really gone beyond what the lawyers can effectively coordinate.  Bill Bradford suggested that Berney Aucoin might be a good resource for this process to assist Fallon and Miller since he really understands how we do deals from front to back and knows who all the right people are to speak to various issues.  If you agree, would you ask Berney to focus on this?  He can give me a call in the a.m.

Mark Taylor
Vice President and General Counsel
Enron Wholesale Services
1400 Smith Street - EB3892
Houston, Texas 77008
(713)853-7459
(713)646-3490 (fax)


OK, this is hot off the press.
Tanya:  our Performance Impairment language limited the collateral call to
1.1 times outstanding exposure.  The collateral was defined only as Letters
of Credit and the issuing bank was at least A- S&P rated.  As to the
Threshold, well, you can read the response.
Please let me know how you would like to proceed.
SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 08/03/99 11:18
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Jo-Ann Bigwood" <bigwoodj@hmc.harvard.edu>
08/03/99 11:17 AM

To: Sara Shackleton/HOU/ECT
cc:
Subject: ISDA

Sara,

Sorry for the delay in getting back to you.  Internally we have been
discussing the main hurdle issues which you and I discussed in our last
telephone conversation.

The results are as follows:
Harvard will not agree to change its Additional Termination Event in favor
of your Performance Impairment clause.  We find this to be too uncertain and
are more comfortable with the certainty of the ratings as set out in our
Additional Termination Event clause.
Harvard believes that it can get comfortable with the idea of Letters of
Credit, however, they must come from a middle single A or better
counterparty and we would like to know who you intend to provide such LOCs
from at the time of contract negotiation.  Harvard will not provide letters
of credit as collateral but rather US Treasuries.
Harvard cannot accept or give cash as collateral.
Harvard is willing to raise the threshold for a BBB+ from $0 to $500,000,
but cannot agree to the increase of $10,000,000 which you have requested.
Harvard cannot agree to Minimum Transfer Amounts of $1 and requires the
threshold and minimum transfer amount table as set out in our CSA to remain
in tact.
Harvard will accept a guarantee from Enron Corp., however, it must be
Harvard's standard with no changes.

Please advise where this leaves us.  I will await your response prior to
addressing issues raised in your facsimile dated 7/20/99.

Regards,
Jo-Ann Bigwood
Harvard Management Company, Inc.


I will be making these changes this morning and sending an e-mail to you with
the changes.  Thanks for the interest in these projects.
Ben


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 11/17/2000
01:35 PM ---------------------------
To: Matthew Lenhart/HOU/ECT@ECT, Kenneth Shulklapper/HOU/ECT@ECT, Tori
Kuykendall/HOU/ECT@ECT, Frank Ermis/HOU/ECT@ECT, Steven P South/HOU/ECT@ECT,
Mike Grigsby/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect
cc:

Subject: FW: The best!

---------------------- Forwarded by Jay Reitmeyer/HOU/ECT on 11/17/2000 01:26
PM ---------------------------

Jeff Coates@EES
11/17/2000 12:15 PM
To: Jay Reitmeyer/HOU/ECT@ECT
cc:
Subject: FW: The best!

---------------------- Forwarded by Jeff Coates/HOU/EES on 11/17/2000 12:12
PM ---------------------------

C Kyle Griffin
11/17/2000 11:51 AM
To: Ken Byrd <ken@techquality.com> @ ENRON, lcc11@hypercon.com, "Merida L.
Carrabba" <mcarrabba@houston.rr.com> @ ENRON, Stephen C Griffin
<imsparky4u@juno.com> @ ENRON, "Michael Lanasa" <mlanasa@bc-arch.com> @
ENRON, Erik Songer <Erik.M.Songer@marshmc.com> @ ENRON, brandons@ctrec.com,
Monica Roberts/HOU/EES@EES, Amanda Boettcher/HOU/EES@EES, Tom
Donovan/ENRON@enronxgate, Jeff Coates/HOU/EES@EES, Timothy J
Hamilton/HOU/EES@EES, Laura R Arnold/DUB/EES@EES, Morgan Babin/HOU/EES@EES,
Justin O'Malley/HOU/EES@EES, Chris Elliott/HOU/EES@EES
cc:
Subject: FW: The best!

This is a little weird, but nonetheless, funny.

---------------------- Forwarded by C Kyle Griffin/HOU/EES on 11/17/2000
11:41 AM ---------------------------

Aneela Charania@ECT
11/17/2000 11:35 AM
To: afshic@yahoo.com, C Kyle Griffin/HOU/EES@EES, rmchargue@kpmg.com,
pmundwiller@kpmg.com, Farouk Lalji/HOU/ECT@ECT, nikunj@alltel.net,
christine.r.rodriguez@us.arthurandersen.com, shahzadd@hotmail.com,
sheilah.c.osowski@us.arthurandersen.com, barkat.charania@usa.net,
toral_vani@hotmail.com, gcharania@yahoo.com, ssadruddin@breakaway.com,
asma.meghani@chase.com, zroopani@kpmg.com, mali214@hotmail.com,
SDhanani@gulshaninc.com, alid8@aol.com, ma69132@email.msn.com
cc:
Subject: FW: The best!

 - West Palm Beach voters. (1).doc


To calculate maximum hourly allowable volumes the daily firm volume (Maximum Daily Quantity, or MDQ) in the contract is multiplied by the hourly per cent.  If the per cent is not shown in the contract, then the tariff rate of 6% is used.

Assuming 1000 MDQ, at 6% is:

1000 * .06 = 60 per hour, or a daily rate of 60 * 24 = 1440

So at any time the customer can flow at a rate of 1440 but cannot exceed 1000 for the day.  An individual delivery point cannot usually drastically affect the mainlines, but they can affect smaller laterals.  Consequently, any lateral for this customer would be designed to deliver 1440 per hour.

Shorthand for the daily rate is .06 * 24 = 1.44.     Multiplying any MDQ by 1.44 gets the daily rate, assuming the max hour is at 6%.


Luanne:
I made a mistake on the language that we sent you on MAC.  On the last part
where it talks about a failure to be rated, my understanding from our
discussions is that a MAC would only be triggered if a party's credit support
provider failed to be rated by either S&P or Moody's  so that if it lost one
rating but maintained the other rating a MAC would not be triggered.  For
this reason the amendment should read ...or its Credit Support Provider shall
fail to have a rating from either S&P or Moody's.

Please confirm that this is your understanding and sorry for the confusion.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Garner and Glenn for T.D. ?


Ben,  why are we distributing this?

It is inaccurate and I'm not sure I want it floating around the place.

Regards
Delainey

---------------------- Forwarded by David W Delainey/HOU/ECT on 05/26/2000
08:37 PM ---------------------------

	Enron North America Corp.

	From:  Benjamin Thomason                           05/26/2000 02:12 PM

To: Christopher F Calger/PDX/ECT@ECT, David Parquet/SF/ECT@ECT, Jake
Thomas/HOU/ECT@ECT, Ed Clark/PDX/ECT@ECT, Jim Gilbert/PDX/ECT@ECT, Dean
Russell/SF/ECT@ECT, David Kates/SF/ECT@ECT, Michael McDonald/SF/ECT@ECT,
Laird Dyer/SF/ECT@ECT, Samuel Wehn/HOU/ECT@ECT, Rob Bakondy/SF/ECT@ECT, Mark
Fillinger/HOU/EES@EES, Janet R Dietrich/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT,
Mike J Miller/HOU/ECT@ECT, Laura Luce/HOU/ECT@ECT, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brett R Wiggs/SA/Enron@Enron,
Tammy R Shepperd/HOU/ECT@ECT, Cassandra
Schultz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jody Pierce/HOU/ECT@ECT, Dan
Badger/LON/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Roger Ondreko/HOU/ECT@ECT,
David Leboe/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT, Andrew
Kelemen/HOU/ECT@ECT, David W Delainey/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron,
Lisa Bills/Corp/Enron@ENRON, Carl Tricoli/Corp/Enron@Enron, Thomas M
Suffield/Corp/Enron@ENRON, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Fred L
Kelly/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dick
Westfahl/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dan
Shultz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Benjamin Thomason/HOU/ECT@ECT,
Ron Coker/Corp/Enron@Enron
cc:
Subject: Master Turbine List

Attached is a master turbine list compiled by CTG of Enron North America.  We
have created this list by compiling information from various developers, and
from accounting and legal groups.  We will be circulating this list monthly.
Please notify us of any needed updates or changes to the master turbine list
as well as changes to the circulation list.

Thank you,

Ben Thomason

CTG Contacts:
Ron Coker  (713) 345-8992
Ben Thomason (713) 345-8802


Enron in Action can be accessed through the new Community Relations web site at http://cr.enron.com/eia.html .  In this week's issue you will find out information regarding:

Enron Happenings
BEAR Holiday Fundraiser
2001 Holiday Shopping Card benefiting the American Cancer Society
Enron Kids 2001 Holiday Program
Support the Museum of Natural Science at the Crate & Barrel Opening Night Preview Party
Enron Night with the Houston Aeros
Free Carwashes for Enron Employees
American Heart Association "Heart Walk"

Enron Volunteer Opportunities
Volunteer for the 2001 Nutcracker Market "A World of Holiday Shopping"

Enron Wellness
CPR/First Aid Training
Mammogram Screening
November is Lung Cancer Awareness Month

Involved Employees
Par "Fore" Pets Golf Tournament

In addition, Enron in Action is available through a channel on my.home.enron.com.  To add this channel to your set-up click on the channels link at the top of the screen and under announcements check the Enron in Action box.

If you wish to add an announcement to Enron in Action, please fill out the attached form below and submit it to mailto:eia@enron.com no later than 12 PM Thursday each week.


Dear Mike, Diana, and Heather,

  I wanted to let you know that I have entered the following annuities in order to account for capacity charges that were not entered into the original deal for BPA for the month of April 2001.  Detail is as follows:

ANNUITY 607843.1  (Long Term NW / Swerzbin)   This purchase annuity for $165,000.00 was entered to account for capacity charges that were not accounted for in deal # 548567.1 .
The calculation should be 25 MW demand charge (this 25 is half of a total 50MW) x $11,000 per MW /mo.  = $275,000.00.
$110,000 was accounted for already in deal # 548567.1 and this annuity accounts for the rest)

ANNUITY 607868.1 (Short Term NW / Scholtes)  This purchase annuity for $165,000.00 was entered to account for capacity charges that were not accounted for in deal # 547839.1 .
The calculation should be 25 MW demand charge (this 25 is half of a total 50MW) x $11,000 per MW /mo.  = $275,000.00.
$110,000 was accounted for already in deal # 547839.1 and this annuity accounts for the rest)

Please feel free to see myself or Holly Krebs for further detail on these annuities.  I also have a copy of the confirmation agreement if needed.

Thanks for you attention.

Virginia


<<Julie Simon Document.DOC>>

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is e-mail message and any attached files are confidential and are intended
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contain material protected by attorney-client, work product, or other
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To reply to our email administrator directly, send an email to
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 - Julie Simon Document.DOC


Hi Bob,

Per our conversation, here it is!!

 Here is a draft of the Master for Corn Products.


what is up fellas?  don't worry we will be set up for the big party.  rooms
and entertainment will be first class.  i need to know when everyone wants to
go and how much everyone wants to spend.  i was thinking we could get a big
suite and then we could have the party there.  we can hit vegas in august or
sept.  let me know what your schedules look like and i will get the ball
rolling.

matt


Please see the attached.  AA is now unsure about what we should say here (as
am I).  Can you help?  Thanks.
---------------------- Forwarded by Susan Scott/ET&S/Enron on 04/18/2000
09:24 AM ---------------------------

Aurora Dimacali
04/18/2000 07:49 AM
To: Earl Chanley/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON
cc: Harry Walters/ET&S/Enron@ENRON, Allen Joe/ET&S/Enron@ENRON

Subject: Re: PCB costs

Below is our footnote regarding the PCB costs (TW), howeverm, Lou Soldano
indicated on his memo to Susan Scott that these are not "decontamination
costs".   Can you please clarify this matter as our Auditors (AA) are waiting
for our final draft this morning.  They will not sign off until we cleared
this matter.  Please respond so we can get a signoff.  Thanks

Transwestern incurred and continues to incur certain costs related to
polychlorinated biphenyls (PCBs) that migrated into one of its customer,s
facilities through use of a PCB-based lubricant.  Because of the continued
detection of PCBs near Transwestern,s Topock station, Transwestern continues
to take measures to contain the PCBs at a cost of $7.3 million in 1999 and an
estimated cost of $4.2 million in 2000.

Aurora

---------------------- Forwarded by Aurora Dimacali/ET&S/Enron on 04/18/2000
07:43 AM ---------------------------

04/14/2000 05:24 PM
Louis Soldano
Louis Soldano
Louis Soldano
04/14/2000 05:24 PM
04/14/2000 05:24 PM
To: Susan Scott/ET&S/Enron@ENRON
cc: Aurora Dimacali/ET&S/Enron@ENRON, Earl Chanley/ET&S/Enron@ENRON

Subject: Re: PCB costs

these are not "decontamination costs."   they are anticpated costs assocaited
with the PG&E Operating Agreement.  I don't think any of these costs are true
Decontamiantion costs...

let me know if you have any questions....thx

	From:  Susan Scott                           04/05/2000 09:40 AM

To: Aurora Dimacali/ET&S/Enron@ENRON
cc: Louis Soldano/ET&S/Enron@ENRON, Earl Chanley/ET&S/Enron@ENRON

Subject: PCB costs

Here is the breakdown of 1999 PCB decontamination costs for TW:

Topock mods   $4,675,000
PG&E sample taps  $     90,000
PG&E filter separator  $   600,000
Remove PG&E filter separator $     10,000

If you need the costs broken down in more detail, or need more information,
please give me a call at x30596.


Thought you might like this.

-e
---------------------- Forwarded by Eric Bass/HOU/ECT on 12/15/99 04:50 PM
---------------------------

	From:  Ami Chokshi @ ENRON                           12/15/99 04:06 PM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: A$M and its "second tier" status

---------------------- Forwarded by Ami Chokshi/Corp/Enron on 12/15/99 04:05
PM ---------------------------

"Michael P. Lyons" <mlyons@gwinnroby.com> on 12/15/99 12:28:44 PM
To: "William J. Murphy (E-mail)" <bmurphy@velaw.com>,
Trinamaurer@worldnet.att.net, "Russell Berry" <berryruss@aol.com>, "Russell
Berry" <berry_russell@hotmail.com>, "Rebecca Lemoine" <rlemoi2@lsu.edu>,
michele_murphy@msn.com, "McDonald, James"
<James.McDonald@SouthernEnergy.Com>, "Matt Chaney" <mchaney@jandflaw.com>,
JROBERTS@BARONBUDD.COM, jdavis@brownsims.com, "Janice Hinshaw"
<jhinshaw@gwinnroby.com>, "Heather E. Kitzman" <hkitzman@cooperinst.org>,
"Gus David Oppermann V" <gopperma@ricefowler.com>, "Gary Joe Jimmy Joe Frank
Billy Bob Jack (E-mail)" <jacktxcpa@aol.com>, dkelley@beacongrp.com, "Dan
Vickers (E-mail)" <warickco@flash.net>, credd2002@aol.com,
corbymaurer@worldnet.att.net, "Chris Miller (E-mail)"
<"chris_miller"@nextlink.net>, chris_miller@nextlink.net, "Chris Edwards"
<rattlers@earthlink.net>, "Chris Egan" <cegan@mail.smu.edu>,
cheb75@yahoo.com, brian.s.mcclure@ac.com, "Ami Chokshi"
<achokshi99@yahoo.com>, Ami Chokshi/Corp/Enron@ENRON
cc:

Subject: A$M and its "second tier" status

Hate to promote the obvious.  US News & World Reports has their most current
college rankings out, and, yes, Texas is in the top 50 schools in the
country.  A$M in the meantime has returned to their fabled "second tier"
status where all "second tier" schools belong.  I don't really care if Texas
Monthly prints a huge front page article that says "UT....THE BEST SCHOOL IN
TEXAS".....Of course Texas Monthly would never do that because IT ISN"T
NEWS!!!!!!!   Tell us something we don't know!  You will recall that a couple
of years ago, Texas Monthly reported that a$m was "the best school in Texas",
relying on US NEWS & WORLD REPORTS rankings.  I guess that was short lived.

http://www.usnews.com/usnews/edu/college/rankings/natunivs/natu_a.htm
 - att1.htm
 -  USNews - edu.url
---------------------- Forwarded by Ami Chokshi/Corp/Enron on 12/15/99 04:05
PM ---------------------------

"Michael P. Lyons" <mlyons@gwinnroby.com> on 12/15/99 12:40:09 PM
To: "William J. Murphy (E-mail)" <bmurphy@velaw.com>,
Trinamaurer@worldnet.att.net, "Russell Berry" <berryruss@aol.com>, "Russell
Berry" <berry_russell@hotmail.com>, "Rebecca Lemoine" <rlemoi2@lsu.edu>,
michele_murphy@msn.com, "Matt Chaney" <mchaney@jandflaw.com>, "McDonald,
James" <James.McDonald@SouthernEnergy.Com>, "Kitzman, Heather"
<hkitzman@cooperinst.org>, jdavis@brownsims.com, "Janice Hinshaw"
<jhinshaw@gwinnroby.com>, "Gus David Oppermann V" <gopperma@ricefowler.com>,
"Gary Joe Jim Bob Frank Billy Bob Jack" <jacktxcpa@aol.com>,
dkelley@beacongrp.com, "Dan Vickers (E-mail)" <warickco@flash.net>,
credd2002@aol.com, corbymaurer@worldnet.att.net, chris_miller@nextlink.net,
"Chris Egan" <cegan@mail.smu.edu>, "Chris Edwards" <rattlers@earthlink.net>,
"Cheb" <cheb75@yahoo.com>, brian.s.mcclure@ac.com, "Ami Chokshi"
<achokshi99@yahoo.com>, Ami Chokshi/Corp/Enron@ENRON
cc:

Subject: UT/a$m business school and engineering school comparisons

Whoops.  Looks like a$m is STILL ranked considerably lower than Texas in both
Business and Engineering, in spite of the fact that every agroid will tell
you differently.

http://www.usnews.com/usnews/edu/college/rankings/cat13wi.htm
http://www.usnews.com/usnews/edu/college/rankings/cat12spc.htm

 - att1.htm
---------------------- Forwarded by Ami Chokshi/Corp/Enron on 12/15/99 04:05
PM ---------------------------

"Michael P. Lyons" <mlyons@gwinnroby.com> on 12/15/99 03:54:03 PM
To: Trinamaurer@worldnet.att.net, "Russell Berry" <berryruss@aol.com>,
"Russell Berry" <berry_russell@hotmail.com>, "Rebecca Lemoine"
<rlemoi2@lsu.edu>, "Murphy, Billy" <bmurphy@velaw.com>, "Kitzman, Heather"
<hkitzman@cooperinst.org>, "Jonathan Gansell" <jgansell@gwinnroby.com>,
JROBERTS@BARONBUDD.COM, jdavis@brownsims.com, "Janice Hinshaw"
<jhinshaw@gwinnroby.com>, James.McDonald@SouthernEnergy.Com, "Gus David
Oppermann V" <gopperma@ricefowler.com>, "Gary Joe Jim Bob Frank Billy Bob
Jack" <jacktxcpa@aol.com>, dkelley@beacongrp.com, "Dan Vickers \(E-mail\)"
<warickco@flash.net>, credd2002@aol.com, corbymaurer@worldnet.att.net,
chris_miller@nextlink.net, "Chris Miller \(E-mail\)"
<"chris_miller"@nextlink.net>, "Chris Edwards" <rattlers@earthlink.net>,
"Chris Egan" <cegan@mail.smu.edu>, cheb75@yahoo.com, brian.s.mcclure@ac.com,
"Bobby McGehee" <bmcgehee@gwinnroby.com>, "Ami Chokshi"
<achokshi99@yahoo.com>, Ami Chokshi/Corp/Enron@ENRON
cc:

Subject: Fw: Big 12 Conference, University of Texas, Document 1629_108
Football Coach Comments & Player Comments from Mon. Revision [108]

-----Original Message-----
From: Teamlink <support@pivotalcc.com>
Date: Wednesday, December 15, 1999 3:37 PM
Subject: Big 12 Conference, University of Texas, Document 1629_108 Football
Coach Comments & Player Comments from Mon. Revision [108]

>====TeamLink Document Update====
>
>University of Texas Football Coach Comments & Player Comments from Mon.
>Revision [108] has just been updated by the Athletic Department and is
>attached to this email.
>
>
>====Special TeamLink Offer====
>
>Longhorn Football fans, the 1999 season is almost over but you can
>relive all of the exciting action by ordering the Longhorn Video Season
>Ticket.  Call (512) 478-1833 to get your own piece of Longhorn history.
>Mention Texas TeamLink and save 10%.  Perfect for the Orange blood on
>your Christmas list.
>
>====Web Sites====
>
>Get more info at the official athletics site:
>http://www.texassports.com
>
>Be sure to check out official Longhorn merchandise at:
>http://www.coop-bookstore.com
>
>To modify what we send you go to:  http://www.texasteamlink.com
>
>
>====Customer Support - 7 days a week, 10am-10pm EST====
>
>If you are unable to view the attached document or have other questions,
>please contact us:
>
>Toll Free: 1-800-599-9402
>Email:  mailto:support@pivotalcc.com
>
>Live Online Customer Service:  available at our website
>
>
>====AOL Subscribers====
>
>Get more info at the official athletics site:  HREF="http://www.texassports.com">Click Here
>
>Be sure to check out official Longhorn merchandise at:  HREF="http://www.coop-bookstore.com">Click Here
>
>To modify what we send you go to:  HREF="http://www.texasteamlink.com">Click Here
>
>
>====First Time Users====
>
>You need Adobe Acrobat Reader to view these documents.  To download
>please go to our website.
>
>

 - 1629_108.PDF


Brant:
We are trying to finalize the agreement that does the following:

1. Transfers all of the ENA/Oneok Gas Marketing Company trades and the Oneok
Gas Marketing Master from Onoek Gas Marketing Company to
Oneok Energy Marketing and Trading Company, L.P. (formerly KN Marketing LP);
2. Terminates the Oneok Energy Marketing Master and makes all Oneok Energy
and Oneok Gas Marketing trades subject to the Onoek Gas Marketing Master.

Here is what I need to know from you:

1. Is there a new Oneok Inc. Guaranty for $30,000,000 that covers these
trades?  If so, please fax me a copy.

2. Is there a new Enron Guaranty and if not, what happens to the 2 existing
Enron Guarantees that currently support the Onoek Energy Master and the Oneok
Gas Marketing Master?

Please advise.

Carol


Hi Sweetie,

I was just thinking of you.......

love you lots & miss you....

Jennifer Dickinson
DU 1054
ETN 639-4057
(281) 293-4057


-----Original Message-----
From: Solomon, Owen
Sent: Monday, March 27, 2000 12:32 PM
To: Greg Shanfeld (E-mail); Mark Stubington (E-mail); Haley, Andrew J.
Subject: FW: WASSSAAAAAAAAAAAAAABI!

And yet there is more . . . check out the link.

http://www.tekgen.com/wasssssssssup.mpg


Zimin

We shall meet Pak Ho today at 4:00 at the Executive Dining Room
on the 50th floor.

His extension is 3-5897.

Vince


(See attached file: ngcot060101.pdf)(See attached file: clcotb060101.pdf)

_____________________________________________________________________________________________________________________________________

Ce message et toutes les pieces jointes (ci-apres le "message") sont etablis a l'intention exclusive de ses destinataires et sont confidentiels. Si vous recevez ce message par erreur, merci de le detruire et d'en avertir immediatement l'expediteur.

Toute utilisation de ce message non conforme a sa destination, toute diffusion ou toute publication, totale ou partielle, est interdite, sauf autorisation expresse.

L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie.
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The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified.
_____________________________________________________________________________________________________________________________________

 - ngcot060101.pdf
 - clcotb060101.pdf


SENT ON BEHALF OF BRITT DAVIS:

This is to invite you to the annual Litigation Unit In-house Ethics CLE
Seminar, which we have scheduled for Thursday, November 9, 2000, at the
Doubletree at Allen Center.  As in the past, we are proud to present as our
speaker Prof. John Dzienkowski of the University of Texas School of Law.  An
open bar will be available from 4:30-5:00 p.m.; the presentation will take
place from 5:00-6:00 p.m; and there will be a post-presentation open bar
(with plenty of boiled shrimp and other finger food) available from 6:00-7:00
p.m.  We anticipate obtaining one hour ethic's credit from the Texas Bar for
this presentation.  We will be videotaping it for the use of those whose
schedules do not permit them to attent.  As always, this is at no cost to you.

If you plan to attend, please RSVP to Deborah Shahmoradi by e-mail as soon as
you can.

We look forward to seeing you there!

Britt K. Davis
Enron Litigation Unit


Holly & I are going running Saturday at 7, then meeting Lucinda for breakfast
at the IHOP at 8.  Do you want to join us?


Vince,

Happy Boss Day !  You have been a wonderful boss, thank you.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 10/16/2000 08:49 AM
---------------------------

Kevin G Moore
10/16/2000 05:58 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Joseph Hrgovcic/HOU/ECT@ECT, Tanya
Tamarchenko/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Martin Lin/HOU/ECT@ECT,
Maureen Raymond/HOU/ECT@ECT, Osman Sezgen/HOU/EES@EES, Paulo
Issler/HOU/ECT@ECT, Amitava Dhar/Corp/Enron@ENRON, Alex
Huang/Corp/Enron@ENRON, Kevin Kindall/Corp/Enron@ENRON, Kevin G
Moore/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, William
Smith/Corp/Enron@ENRON, Jose Marquez/Corp/Enron@ENRON, Chonawee
Supatgiat/Corp/Enron@Enron, Shalesh Ganjoo/HOU/ECT@ECT, Tom
Halliburton/Corp/Enron@Enron, Elena Chilkina/Corp/Enron@Enron, Sevil
Yaman/Corp/Enron@Enron, Sofya Tamarchenko/NA/Enron@Enron, Bob
Lee/NA/Enron@Enron, Gwyn Koepke/NA/Enron@Enron, Hector Campos/HOU/ECT@ECT,
Anita DuPont/NA/Enron@ENRON, Youyi Feng/NA/Enron@Enron, V Charles
Weldon/HOU/ECT@ECT, Shane Green/HOU/EES@EES, Yana Kristal/Corp/Enron@ENRON,
Praveen Mellacheruvu/HOU/EES@EES, Li Sun/NA/Enron@Enron, Stephen
Bennett/NA/Enron@ENRON, Roman Zadorozhny/HOU/EES@EES, Lance
Cunningham/NA/Enron@ENRON, Shirley Crenshaw/HOU/ECT@ECT, David
Ryan/Corp/Enron@ENRON, Todd DeCook/Corp/Enron@Enron
cc:
Subject: Boss's Day

Reminder - Let your Boss know that
you care !
Tell him or her Happy Boss's Day !

Happy Boss's Day  , Vince , Mike , Vasant  and Stinson and also to you
Shirley,
I hope you all have a wonderful day .

Also remember The Weather Team will be over at Ninfa's for
3:30 p.m. for Happy Hour.  TODAY

YOU ARE WELCOME TO JOIN US ............


Just for laughs!

http://www.botbuilders.com/mytrack/dummies.jpg

Copy and paste!


Hello - attached are copies of Schedule A (Enron MW) and Schedule B (Peoples
MW) to the MEH LLC Agreement.  Peoples has included a few projects they are
working on that don't have existing agreements.  Enron's list is much
shorter, 3 agreements to be exact.  The third agreement is a storage deal
with Nicor that would technically be a permitted activity under the trading
exclusion.  However, I believe we decided to include it, but we need to also
include the disclaimer language that inclusion on the Schedule does not imply
a restricted activity.  I have asked Hunter Shively, Central Desk Director,
if he knows of any other "middle-market" deals that we should include and he
said no.  I have also had our back office run the counterparties through our
trading systems to identify any term transactions that may currently be in
place.  Other than the Nicor deal listed, there were only standard trading
buy/sells with Nicor in the system.  Which brings up my last point, do we
need to disclose the existence of Master Purchase Agreements with a Covered
Gas Utility?  Trading uses these Agreements for standard physical buy/sells.
Anything more complicated would be done under a separate agreement.  The
Nicor deal was done under a separate agreement, not the existing Master.  If
my vote counts, I say let's not include them.  But, I defer to the experts.

Let me know your thoughts on the attached,

Thanks,

Gregg


- Memo_Ken Lay - Chairman - Enron.doc


After some major soul searching and frustration, Jose Luis and I talked last
night and we are considering moving the date one week back to June 3 in hopes
of avoiding a number of the problems we are currently having.
I want to know if any of you have any major conflicts with this date and
Linda K, as soon as the hurrican passes, will check with the Four Seasons for
availability (which was our first choice from the beginning).
We love you all and I'm hoping this doesnt' change anyone's schedules too
much.
Love, Liz
p.s. Sharon, if you talk to the Four seasons, can you check on that date.
Thanks


All,

Effective Tuesday April 23rd, we will reinstitute the morning meeting in the large conference room.  We will hold the meeting everyday and is mandatory attendance for all origination, trading and gas control personnel.  The meeting will start promptly at 8:00AM and should last nor mare than 15 to 20 minutes.  Ragan will conduct the meeting.  Our main objectives are to understand discrepancies between actuals vs. nominations, and leave the meeting with a coordinated game plan for the current days activities.  Please notify your direct reports who will need to attend.  Thanks.

Regards,

Randy Curry
email:   randall.curry@bridgeline.net
Phone:  832- 851- 2801
Fax:       832 - 851- 2772


Molly,

We are in process of setting up an interview.

Vince

	Enron North America Corp.

	From:  Molly Magee                           10/18/2000 02:56 PM

To: jlew@kent.edu
cc: Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT
Subject: Confidential

Dr. Lew:   Vince Kaminski has asked me to contact you in connection with your
interest in Enron.   He would like to schedule a mutually convenient time for
you to visit Houston and meet with his group.   The dates that have been
suggested are:   Wednesday, 10/25/2000; Thursday, 10/26/2000; or Friday,
10/27/2000.    I hope that one of these dates will be convenient for you to
come in for interviews.

You may either respond to me by email, or phone me at 713 853-4804, whichever
is easier for you.   I am also leaving a voicemail message for you at your
home phone number.

We hope to hear from you soon.

Molly Magee
Recruiting Manager


FYI.

---------------------- Forwarded by Kay Mann/Corp/Enron on 10/19/2000 03:00
PM ---------------------------
From: Suzanne Adams@ECT on 10/19/2000 02:58 PM
To: Karen E Jones/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Barton
Clark/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Ed B
Hearn III/HOU/ECT@ECT, matt.maxwell@enron.com, kay.mann@enron.com, Stuart
Zisman/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT
cc:

Subject: Weekly Power Meetings With Sheila Tweed

As I emailed previously, Sheila's power meetings will be held weekly starting
October 25, 2000 at 10:00 a.m. in EB38C2.  For those of you that cannot
attend the meeting in the building, I have set up a dial-in number:

Dial In: 1-888-476-3757
Host: 543030 (Sheila Tweed)
Participant:  609623

If for some reason, this meeting needs to be cancelled, I need to let AT&T
know 30 minutes prior to the scheduled time so we won't be charged.  Thanks!
Suzanne


be nice to include attachment


----- Forwarded by Tana Jones/HOU/ECT on 03/23/2001 09:06 AM -----

	exchangeinfo@nymex.com
	03/23/2001 08:22 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-104) MARGIN RATE CHANGE FOR MIDDLE EAST SOUR CRUDE OIL FUTURES
CONTRACTS

Notice No. 01-104
March 23, 2001

TO:
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL NYMEX DIVISION CLEARING FIRMS
ALL NYMEX DIVISION OPERATIONS MANAGERS

FROM:
Neal Wolkoff, Executive Vice President

SUBJECT:
MARGIN RATE CHANGE FOR MIDDLE EAST SOUR CRUDE OIL FUTURES CONTRACTS

Effective Date:  Friday, March 23, 2001 (close of business)
Futures Contract: Middle East Sour Crude Oil Futures
Contract Months: All Months
Rate Change:

NYMEX Division Margins for Middle East Sour Crude Oil Futures Contracts

Clearing Member (Maintenance Margin): Old:  $2,500 New:  $1,500
Member Customer (Initial Margin): Old:  $2,750 New:  $1,650
Non-Member Customer (Initial Margin): Old:  $3,375 New:  $2,025

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
Middle East Sour Crude Oil Futures Contracts.

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

"
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=(01-104)"

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


Chris:

Thanks for the update.  Let's try to get together in Toronto on Tuesday,
August 15 or 22.  Do either of those days work for you?  I would envision
getting up to speed on business opportunities in Ontario and addressing the
questions you raised.  Your proposal makes sense, but I would like to defer
our decision until we have had a chance to talk it through.

Mark


That is what I had for your address, just checking.  We had a blast with your
uncles as well.  We were wqanting Bobby, Carl and John's adresses.  I guess
we also need there wifes names, even though we did not meet them at the
wedding.  I don't know what we will do when your parents leave houston.  I
guess we will have to make more frequent trips to Denver.  Since I have a
small family and Ashley is so far from her family, it is nice to have special
friends that you consider family.   Plus, you know how special you have
always been and will be to me.

Sounds like work is going great, glad to hear it.  Sad to hear you are
working my kind of hours now.  Work is the same for me, learning a lot, but
counting the days till my rotation to a new group.

Talk to you soon.
PL


To make sure we are all on the same page and talking to the same Bear Stearns
people (I'm getting calls from Chicago and NY.  I told NY to go away and talk
to Chicago), please have all the paperwork to open the account and all the
paperwork to transmit the actual shares flow through one person.  I nominate
Aneela Charania to take all pieces of paperwork and make sure they get to the
right person.  I spoke with Mike Bruegel at Bear (312) 663-3253 and I think
he fully understands what we are trying to do, which is simply to sell these
shares and move the cash out of the account once the trade is settled.  I
also told him the account will not stay open once the trade is done.
Obviously this is what is causing BS heartburn since they want more business,
and if it weren't for the fact that BS is the investment banker, we would not
be using BS at all.  We would go with the existing account with Morgan
Stanley.

I really appreciate everyone's help with this, but to avoid any more
confusion, please use Aneela as the point person for all document
submission.  Her phone number is 30951.  If anyone has any concerns, please
respond to the group.  Thanks again.  Donna


Here are the maps for the development sites.
Ben
3-7998


Julie:

Can you cut off deal 47472 going forward? I am forwarding the message from
Tommy Yanowski. Let me know if this is a problem.

Thanks, Karie (36759)

---------------------- Forwarded by Karie Hastings/HOU/ECT on 03/27/2000
09:25 AM ---------------------------

	Enron Technology

	From:  Tommy J Yanowski                           03/27/2000 08:45 AM

To: Karie Hastings/HOU/ECT@ECT
cc: Julie Meyers/HOU/ECT@ECT
Subject: Re: Storage Deal 47472 and 60747

Karie:  Deal number 60747 should be the good deal.  Deal number 60747 is an
interruptible storage deal and contract 96016959 is an interruptible
contract.  Storage deal 47472 is a firm storage deal.  Since it doesn't agree
with the firmness of the contract, I would probably cut off that deal going
forward.  -  Tommy

KARIE HASTINGS
03/23/2000 05:35 PM
To: Tommy J Yanowski/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT
cc:
Subject: Storage Deal 47472 and 60747

Tommy:

There are two Storage deals that are using the same contract number. Julie
Meyers believes that deal 47472 is the correct deal, but wants to check with
you first since you put in deal 60747. Let me know when you look at them if
we need to cut off or kill deal 60747.

Thanks,
Karie (36759)

Deal  Contract
47472  96016959
60747  96046959


-----Original Message-----
From: 	"Greg Lander" <glander@skippingstone.com>@ENRON [mailto:IMCEANOTES-+22Greg+20Lander+22+20+3Cglander+40skippingstone+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Monday, May 14, 2001 1:59 PM
To:	Ward, Kim S.
Subject:	Proposed Term Sheet Outline -resend

Please excuse error in internal address of previous email
Greg Lander
Skipping Stone

 - proposed term sheet outline enron_.doc


Brant, please do not put me on emails for day to day business, drafts of
masters and confirms.  Thanks.

	Brant Reves/ENRON@enronXgate
	03/27/2001 08:26 AM

		 To: Susan Bailey/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron, Tana
Jones/HOU/ECT@ECT
		 cc: Janie Aguayo/HOU/ECT@ECT, Bianca Ornelas/NA/Enron@Enron
		 Subject: RE: National Energy Group

Trade qy8453 and qy9133 were both approved under the same credit terms.  The
$4MM LC that has been specified as an independant amount and the associated
$6MM credit line should be made a part of both confirmations and tied to both
deals.  Approval of these deals was based on the combined risk profile of the
trades, so securitization of both trades should be amalgamated.

thanks
brant

 -----Original Message-----
From:  Reves, Brant
Sent: Monday, March 26, 2001 1:56 PM
To: Bailey, Susan; Panus, Stephanie; Jones, Tana
Cc: Aguayo, Janie
Subject: National Energy Group

Please prepare an Annex B per terms of the attached credit worksheet and
provide a copy to the confirmations group for inclusion within trade qy8453's
confirmation.

thanks
brant

 << File: National Energy Group.xls >>


Casey ,

Please review  the following spread product in TEST.

US Pwr Phy Spd   Assoc. vs Entergy Peak  Jan-Dec02       USD/MWh	(56639)

Enpower TEST 	# 665072.1		EOL#1631957
			#665073.1		EOL#1631958

Location:
Location Name (exact as Data Manager): Associated vs Entergy
Location long Description:  see attached file
Trader Name:  Mike Carson
Book Administrator:  Casey Evans
Risk book:  LT-SPP  (doesn't matter with spreads)

Thanks,

 ML


I will not be able to attend.  -Sally

From:  Araceli Romero @ ENRON
            02/05/2001 05:36 PM

To: Alan Aronowitz/HOU/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Cassandra
Schultz/NA/Enron@Enron, David Port/Market Risk/Corp/Enron@ENRON, Debbie R
Brackett/HOU/ECT@ECT, Naveen Andrews/Corp/Enron@ENRON, Rick Buy/HOU/ECT@ECT,
Rudi Zipter/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Shawn
Kilchrist/NA/Enron@Enron, Shona Wilson/NA/Enron@Enron, Stephen Stock/HOU/ECT,
Tod A Lindholm/NA/Enron@Enron, Tanya Tamarchenko/HOU/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Kristin Albrecht/Enron Communications@Enron
Communications, Barry Pearce/Enron Communications@Enron Communications, Wanda
Curry/HOU/EES@EES
cc: Rita Hennessy/NA/Enron@Enron, Araceli Romero/NA/Enron@Enron, Mercy
Gil/NA/Enron@Enron, Karen K Heathman/HOU/ECT@ECT, Patti Thompson/HOU/ECT@ECT,
Sandy Lewelling/NA/Enron@Enron, Pamela Sonnier/HOU/ECT@ECT, Anita
DuPont/NA/Enron@ENRON, Shirley Crenshaw/HOU/ECT@ECT, Giselle
James/Corp/Enron, Inga Latson/Enron Communications@Enron Communications,
Leticia Botello/HOU/EES@EES
Subject: Risk Forum Luncheon - February 6, 2001

This is a reminder that the next Weekly Risk Forum Luncheon will take place
Tuesday, February 6th from 11:30a.m. to 12:30pm in conference room EB-2868.
Lunch will be served; consequently, if you are unable to attend please advise
accordingly.

Thanks
AC Romero
3-0402


Sent this to Thomas Martin instead.  Let me know if you have any questions.
Thanks,
JD

 -----Original Message-----
From: 	Buss, Jd
Sent:	Monday, January 07, 2002 1:30 PM
To:	Vickers, Frank; Tycholiz, Barry; Redmond, Brian; Bryan, Gary; Thomas, Martin; Lagrasta, Fred; Luce, Laura; Shively, Hunter S.; Breslau, Craig; Arnold, John; Neal, Scott
Subject:	Top 50 Customer Breakdown

Attached below is a file detailing the top 50 Customers for the whole floor and who will be responsible for contacting those customers as part of Phase 1.  This was put together per this morning's meeting.   If you have any questions or changes, please contact me.
Thank you,
JD Buss


i told you so!
---------------------- Forwarded by Eric Bass/HOU/ECT on 07/05/2000 07:28 AM
---------------------------

Celeste Roberts
06/30/2000 06:35 PM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Program Changes

If you are currently an analyst in a commercial rotation, then you are
eligible for promotion to a third year analyst.  After you have completed
your third year, then you are eligible for promotion to a commercial
associate.  These guidelines were effective on 6/1/2000.  The conversation
that you and I had was prior to these changes.   Effective 6/1/2000, the
Office of the Chairman has made it very clear that we are to adhere to these
promotion guidelines going forward.

Celeste Roberts

	Enron North America Corp.

	From:  Eric Bass                           06/26/2000 02:39 PM

To: Celeste Roberts/HOU/ECT@ECT
cc:
Subject: Program Changes

Celeste,

I am writing to get some clarification on how the recent changes to the
program affect my eligibility for promotion.  At the end of last year you
informed me that I was not eligible for promotion to associate until the mid
year review (my 2 year anniversary).  It was my impression that the only
reason that I was held back from promotion into the associate program was
tenure.  Now, after reading the memo, it seems as if I will not be eligible
for promotion to associate until I complete 3 years in the program.

I am wondering if I am still eligible for promotion to associate during this
PRC?

Thank you in advance for your prompt attention to this matter.

Eric Bass
x3-0977


Pablo,

Will you stop by when you get a chance to do the following:

1. set up network connection to laptop
2. download passport and gasselect on desktop and laptop
3. level the monitors

Thanks,
Mike
---------------------- Forwarded by Mike Grigsby/HOU/ECT on 03/11/2001 05:50
PM ---------------------------

Ina Rangel
03/06/2001 11:21 AM
To: Pablo Torres/Corp/Enron
cc: Mike Grigsby/HOU/ECT@ECT
Subject: Re: Passport and Gasselect

Pablo,

Can you do this for Mike Grigsby?

Thanks,
Ina
---------------------- Forwarded by Ina Rangel/HOU/ECT on 03/06/2001 11:19 AM
---------------------------
To: Ina Rangel/HOU/ECT@ECT
cc:
Subject: Re: Passport and Gasselect

Ina,

Passport will probably need to be set up on Mike's desktop by an IT person.
Most of the time they have to copy the application from my desktop
to make it work. For Gasselect, I will check with Mike and see if it is
working. I believe all he needs is the login ID and password to make that
work.
If you need anything else, let me know.


John, lets take over the Rimrock Hotel. lot's to do, golf, river raft, hot springs, spa, hiking trails, horseback, fish.( you can fly fish at ghost lake) ... there is meeting space if required and, it is closer to Calgary then it is to San Fransisco from here so the connections are easy.  Stay at the Rimrock... get the penthouse suite and host the coolest party in town. COST !!!  If you would like more info, let me know.

BT

http://www.rimrockresort.com/


California Power-Buying Data Disclosed in Misdirected E-Mail
By Daniel Taub
Sacramento, California, July 6 (Bloomberg) -- California Governor Gray
Davis's office released data on the state's purchases in the spot electricity
market -- information Davis has been trying to keep secret -- through a
misdirected e-mail.
The e-mail, containing data on California's power purchases yesterday, was
intended for members of the governor's staff, said Davis spokesman Steve
Maviglio. It was accidentally sent to some reporters on the office's press
list, he said.
Davis is fighting disclosure of state power purchases, saying it would
compromise negotiations for future contracts. This week, Davis appealed a
state judge's order to release spot-market invoices, purchase orders and
confirmation sheets for power contracts signed through June 27. The state is
buying electricity on behalf of utilities, which are burdened by debt.
``It's an internal document,'' Maviglio said of the e-mail. ``We have a
meeting every morning where we discuss issues of the day.'' The e-mail
contained minutes of today's meeting, he said.
According to the e-mail, the state bought 283,000 megawatt- hours of
electricity for $37.4 million yesterday. One megawatt- hour is enough
electricity to light 750 typical California homes for an hour. Prices ranged
from $25 to $149.99 a megawatt-hour. Maviglio said the information in the
e-mail is accurate.
Power for next-day delivery during peak-use hours averaged $79.67 a
megawatt-hour on the California-Oregon border yesterday, according to
Bloomberg Energy Service. California paid an average of $132 on the spot
market, according to the e-mail. Prices on the spot market tend to be higher
than on the day-ahead market.
The governor has proposed releasing data on spot-market purchases once a
quarter, arguing that the state uses power-buying strategies tailored to each
season. Lawyers for the media and Republican legislators say state law
requires disclosure of contracts within seven days after they are signed.


----- Forwarded by Kenny Maltby/Bakersfield/Eott on 02/15/2001 07:28 AM
-----

                    Kenny Maltby
                                         To:     l.campbe@enron.com,
                    02/15/2001           john.shafer@enron.com,
rich.jolly@enron.com,
                    07:21 AM             scott.jones@eott.com
                                         cc:
                                         Subject:     Endangered Species

Here is an article from our local paper on endangered species you might be
interested in.

http://www.bakersfield.com/local/Story/306974p-305742c.html