Mary Hain has resigned her position with Enron.  Please remove her from all
your mail lists.

Thank you.

Lysa Akin
Gov't Affairs - Sr. Admin. Ass't.

	Enron Capital & Trade Resources Corp.

	From:  Peter Richardson <peter@richardsonandoleary.com>
    03/21/2001 01:12 PM

Please respond to peter@richardsonandoleary.com
To: abuckley@wutc.wa.gov, alan@epud.org, ali.rodol@ci.seattle.wa.us,
archive-power-ratecase@bpa.gov, aw_turner@pgn.com, BASSL@sce.com,
bessex@cowlitzpud.org, bferranti@mbllp.com, bpadiscovery@merkellaw.com,
ccopatrny@e-z.net, crow@millernash.com, cub@teleport.com, cwagers@dcpud.org,
dan.meek@usa.net, darcy@tonkon.com, darkills@popud.com, dbkinnard@pplmt.com,
dfaulk@puget.com, discoveryparalegal@bpa.gov, dldorrell@stoel.com,
dmacgregor@morganlewis.com, doney@doneylaw.com, doug_brawley@pngc.com,
dparrish@prmllp.com, dws@keywaycorp.com, eauverde@hotmail.com,
eboyd@ppcpdx.org, efinklea@energyadvocates.com, elisaCKF@aol.com,
EnerGlaw@aol.com, Eric.Larson@oremetwahchang.com, erick_johnson@pngc.com,
ghuhta@cowlitzpud.org, huse@eesconsulting.com, ias@dvclaw.com,
jack.speer@alcoa.com, jacksonc@ida.net, janet.prewitt@state.or.us,
jdeason@chbh.com, jeffn@subutil.com, jhartso@enron.com, JLH@mc-power.com,
johk@critfc.org, john.yanov@eweb.eugene.or.us, johncameron@dwt.com,
jolynnr@mresearch.com, jpw@duncanallen.com, jrb_ora@televar.com,
jsaven@pacifier.com, jschlect@avistacorp.com, kevin.clark@ci.seattle.wa.us,
kknitte@gcpud.org, kmoxness@cencoast.com, kpom@mail.pacifier.com,
kyle@ppcpdx.org, lawyer@teleport.com, Lhamilton@avistaenergy.com,
lpeters@pacifier.com, lwolv@worldaccessnet.com, lyn_williams@pgn.com,
marc.hellman@state.or.us, marss@perkinscoie.com, matts1@atg.wa.gov,
mershanlaw@aol.com, mhain@ect.enron.com, michaelearly@earthlink.net,
mike.macdougall@powerex.com, mmetzler@ci.tacoma.wa.us,
mschaff@worldnet.att.net, mthomas@mtpower.com, Paul@KinergyLLC.com,
pete.forsyth@kaiseral.com, pete@ashland.or.us, peter@richardsonandoleary.com,
pfox@bracepatt.com, pljacklin@stoel.com, pmurphy@mbllp.com,
pnichols@idahopower.com, pobenchain@idahopower.com, pspi@dynegy.com,
pvickery@tpud.org, rachel@rnp.org, ratecase@pngc.com, rates@ppcpdx.org,
rbstrong@painehamblen.com, rdb@keywaycorp.com, rfoiani@gcpud.org,
rkindley@schwabe.com, rle@givenspursley.com, rpierce@avistaenergy.com,
scott.brattebo@pacificorp.com, seligman@teleport.com, simonf@atg.wa.gov,
sjohnsto@wutc.wa.gov, skaravit@ci.tacoma.wa.us, stephens@eslerstephens.com,
steve@nwenergy.org, tdeboer@painehamblen.com, terrym@millcreeklaw.com,
tgrim@chbh.com, townsend@chbh.com, tracigrundon@dwt.com,
tstevenson@ci.burbank.ca.us, weavertr@yakima-wa.com, wmgt3@montana.com
cc:
Subject: WP-02 Data Response

request_number:  DS-PP:012
firstname:  Peter
lastname:  Richardson
e-mail:  peter@richardsonandoleary.com
exhibit_wp-02-e-:  JCG-01 and -02
page_numbers:
request_text:  Please disclose and/or produce any and all communications from
October 16, 2000 to the present, between any of the party representatives
listed below and any representative of BPA concerning rates to be in effect
for BPA's Fiscal Years 2002-2006, the interactions of such rates and customer
contracts, or procedural aspects of rate these proceedings.

Terry Mundorf (WPAG)
Lon Peters (PGP)
Linc Wolverton (ICNU)
Scott Brattebo (PacifiCorp)
Kevin Clark (Seattle City Light)
David Hoff (PSE)
Geoff Carr (Northwest Requirements Utilities)
Dennis Parrish (Market Access Coalition Group)
Pam Jacklin (PacifiCorp)
Peter Richardson (PPC)
Kyle Sciuchetti (PPC)
Ray Kindley (PGP)
Jay Waldron (PGP)
Doug Brawley (PNGC)
Eric Johnson (PNGC)
Darcy Norville (PGE)
Lynn Williams (PGE)
Steve Weiss (Northwest Energy Coalition)
Mark Hellman (OPUC)

For purposes of this Request, "disclose and/or produce" has the meanings
described below. With respect to oral communications, "disclose and/or
produce" means to describe the time, date, approximate duration, and
substantive content of the communication; the identity and organizational
affiliation of the communicating individuals; whether the communication
occurred in person or by telephone; the location of the communication if in
person; the identity of any witnesses to the communications, including all
individuals in the room if the communication occurred by speakerphone; and
whether the communication was made in the presence of or after coordination
with BPA counsel (if so, identify such counsel). For purposes of this
Request, you need not "disclose and/or produce" oral communications that
occurred during meetings noticed in compliance with Rate Case Rule 1010.7(d).

 With respect to written communications, the Request includes communications
in any recorded form, whether on paper, electronic (including, without
limitation, e-mails), or whatever form. For such communications, "disclose
and/or produce" means to provide copies of all non-identical versions of any
written communications and to describe with particularity the location where
such communications were found and/or stored, including the identity of the
individual with possession or control of the written communications; to
describe with particularity the circumstances under which they were generated
or referred to; and to fully "disclose and/or produce" any oral
communications made in connection with the written communications consistent
with the preceding paragraph. For purposes of this Request, you need not
produce papers served on all parties to the rate case and made part of the
official file in the rate case.

response_text:  The Public Power Council (PPC) objects to this Data Request
on the grounds that it (i) seeks information that is not relevant; (ii) seeks
information that is privileged; and (iii) seeks information that is unduly
burdensome to produce. Rules of Procedure Governing Rate Hearings, Section
1010.8(b). PPC further objects to this Data Request on the grounds that it is
in improper form as it does not cite to specific testimony or indicate the
specific use to which the information sought will be put. Special Rules of
Practice, WP-02-01. Without waiving the foregoing objections, PPC responds as
follows:

Please see attached.  Note all the attachments appear to also be responsive
to DS-PP:010 and DS-PP:011.

The following information is from the web server:
1.  Logon: IUSR_GRANITE
2.  Remote Host:  dsl226.usw-1-224.pacifier.com
3.  Remote IP Address:  207.202.224.226
4.  Form URL:
https://secure.bpa.gov/power/secure/psp/ratecase/discovery/wp_02_response.html
5.  Browser Client:  Mozilla/4.76 [en] (Win95; U)


We must hang together less we hang separately.

Karen E Jones@ECT
10/16/2000 06:25 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Power Plant Development Powerpoint Presentation

No!  Thanks for looking out for us!  --  Karen


Sara, RMT/NNG was put on hold per Tony Pryor's request pending restructuring
of NNG.  This restructuring is finished (it involved NNG going from 100%
Enron-owned to about 98%).  I talked with Tony yesterday on this and he says
the ISDA may now proceed. Tax has confirmed this is still an RMT deal.

Re the fx trade you mentioned, the confirm desk has drafted a deemed ISDA for
this that needs fixing. (not sure what they are doing drafting deemed
ISDAs).  I am working with Melissa Rodriguez on this.

I do have a voice mail in to Tanya to ask her if credit wants to re-review in
light of the new NNG ownership structure.  Even though the ownership change
seems minor, it seems like the procedurally sound thing to do is to run this
by credit.  Have not heard back from Tanya and will bring this up at
legal/credit meeting this afternoon.

I will take this over, including the ISDA master.  Susan, in the meantime,
could you e-mail me the credit review sheet on this if you have one. -- Bob

Robert E. Bruce
Senior Counsel
Enron North America Corp.
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com

	Sara Shackleton@ECT
	11/28/2000 10:16 AM

		 To: Susan Bailey/HOU/ECT@ECT
		 cc: Robert Bruce/NA/Enron@Enron
		 Subject: Northern Natural Gas Company("NNG")

Susan:  Why is the RMT/NNG on hold?  A two-year deal was booked in
mid-November and we'd like to confirm under a master.  Thanks.  Sara


We are currently discussing several potential approaches for a "Phase VII" expansion project.  We have preliminary work underway on several potential scenarios, some of which might involve Gulfstream as an upstream transporter.

As part of these discussions, Gulfstream has inquired about FGT's interest in providing a capacity lease for backhaul service (approximately 20-30 miles - they did not identify the specific market).

My questions are:
	(1) Backhaul capacity lease with an interstate pipeline - Do you see any problems/issues?  The lease arrangement would be with Guflstream Pipeline.

	(2) If this backhaul lease capacity is used by Gulfstream to provide deliveries to an electric generator, would the FP&L Favored Nations Clause be triggered?


Customer Support Group is committed to continuous improvement of our service.
 This survey focuses on the services you receive from the Resolution Center,
Desktop Support, Hardware, and System Access Support.  In order to improve,
we need to hear from you. This survey should only take about 5 to 8 minutes
to complete. Your input is key to our success. The deadline for returning
this survey is April 20, 2001.  We appreciate your participation.

http://nahou-webcl1.corp.enron.com/inquisite/QuarterlySurveyMarch2001/Quarterl
ySurveyMarch2001.html


>
> We've been notified by Building Security that there have been 4
> suspected terrorists working at our office. Three of the four have been
> apprehended.
>
> Bin Sleepin, Bin Loafin, and Bin Drinkin have been taken into custody.
> Security advised us that they could find no one fitting the description
> of the fourth cell member, Bin Workin, in the office. Police are confident
> that anyone who looks like he's Bin Workin will be very easy to spot.
>


Let's try again in two weeks.  Mark


Peter,

Enron Compressor Services paid ENA $658,118 for the June 2002 - May 2022
$3.35 Put Swaption.

Thanks,

Errol McLaughlin, X5-8274


Colleagues:

URM positions as of June 2001 (more precisely as of end of May) are now
available at the following level of details:
The position (long, short, and net) in electric utility "x"
The position (long, short, and net) per customer in the electric utility "x".
The position (long, short, and net) per rate schedule/customer class in
electric utility "x".
Aggregates of the above per State, NERC Region, and Customer.

If you need any position for a specific utility in your service territory,
please contact Miyung Buster (713-853-4329) by email with cc to: Stella Chan,
Pat Keene, Harry Kingerski, and/or Amr Ibrahim and we shall attempt to
provide the data in the shortest possible time (currently aiming at within
the same business day).

Best regards

AI
713-853-3037


T.J.

Thanks for the picture.  I'm glad you guys like the gift.  Luke looks just
like Rena, huh?

As far as Ricigs goes, I don't have his phone # or address.  I think Moller
does though.
Let me know  if you need his #.  Take care and tell Rena and Luke we said hi.

Kevin


Gwynn,

Sally wasn't quite sure what you wanted.  She put together a little something
- if you can use it fine, if not, that's fine too.

Opportunities for accounting professionals in traditional and in
non-traditional roles, such as transaction structuring, risk analysis and
commodity operations.

Patti x39106

Gwynn Gorsuch@ENRON
03/28/2001 01:56 PM
To: Sally Beck/HOU/ECT@ECT, Ted C Bland/Enron@EnronXGate, Kim
Cadena/HOU/EES@EES
cc: Laura Schwartz/Corp/Enron@Enron, Cindy Olson/Corp/Enron@ENRON, Richard
Causey/Corp/Enron@ENRON
Subject: National Association of Black Accountants

Laura Schwartz and I are working on pulling together the article that goes
with the photo taken last week for the NABA national newsletter.  We get
approximately 550 words to tell the Enron story in anticipation of our
recruiting presence at the NABA national conference in July.  Are there any
particular messages you would like us to get out there with regard to
opportunities in EWS and EES for accountants?  Please let me know your
thoughts before the end of next week (the sooner the better - the final due
date for photo and story is April 13).

Many thanks

Gwynn Gorsuch
Enron Corp.
Workforce Diversity
713.853.7407 direct line


Thanks. I'll check into it.

 -----Original Message-----
From: 	Hyatt, Kevin
Sent:	Thursday, October 25, 2001 5:36 PM
To:	Harris, Steven
Subject:	spinal injuries

http://my.webmd.com/content/article/1680.53134

the link above talks about vertebroplasty - a cement injected to help fractured bones.  It may not be helpful to you as your's is disc related, not bone.  My neighbor had this procedure done by Dr. Twyford out of Baytown San Jacinto Methodist hospital.

kh


Brent:
Here is the list from credit.  If you need help with any of the seminars, let
me know.  Enclosed are outlines from last year's seminars.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 02/07/2001 01:10 PM -----

	Tanya Rohauer
	02/07/2001 09:51 AM

		 To: Carol St Clair/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Credit list

Everyone List - those that will most likely be actively involved with
negotiating swap docs are highlghted in blue

Bill  Bradford
Debbie Brackett
Tanya Rohauer
Molly Harris
Sue Vasan
Paul Radous
Jane Wilhite
Wendy Conwell
Ed Sacks
Tracy Ngo
Jay Williams
Russell Diamond
Brant Reves
Veronica Espinoza
Rudwell Johnson
Darren Vanek
Tom Moran
Nidia Mendoza
Walter Guidroz
Wendi Lebrocq
Veronica Gonzalez
Ken Curry
Aparna Rajaram
Carol North
Teresa Seibel
Andrew Greer
James Copeland
Martin O'Leary
Lesli Campbell
Angela Brown


<<CSFB_EnergyTech_May1701.pdf>>

Summary:

* U.S. President George W. Bush unveiled his National Energy Policy
today.  In our report we list the recommendations made by the National
Energy Policy Development Group (NEPD) as they pertain to Renewable and
Alternative Energy.  In addition, following each recommendation, we provide
our views on the potential impacts on specific CSFB covered companies
(AstroPower - APWR, Ballard Power Systems - BLDP, Capstone Turbine - CPST,
FuelCell Energy - FCEL, Proton Energy Systems - PRTN) in the Energy
Technology sector.
* We would note that many of the recommendations instruct certain
departments or individuals to conduct further research on various topics and
to report back to the President at a later date.  Our view is that many were
included as a counter point to more contentious issues and may receive
somewhat limited action from the Administration.
* Overall, we are not changing our estimates or recommendations on any
of our companies at this point in time.  The proposed solar tax credit
when/if passed will cause us to review our forecasts for AstroPower.  We are
not forecasting incremental unit volume of production given the capacity
constraint of the company, although residential installations tend to have a
higher revenue per watt and higher margins than non-residential markets and
therefore could result in higher EPS contribution.

Regards,

Marko Pencak
416-352-4580
Cameron Jeffreys (Associate)
416-352-4581

Energy Technology Research
CREDIT | FIRST
SUISSE | BOSTON

 - CSFB_EnergyTech_May1701.pdf


Critical Migration Information:

1. Your scheduled Outlook Migration Date is THE EVENING OF : May 14th
2. You need to press the "Save My Data" button (only once) to send us your
pre-migration information.
3. You must be connected to the network before you press the button.
4. If a POP-UP BOX appears, prompting you to "ABORT, CANCEL OR TRUST SIGNER"
please  select TRUST SIGNER.
5. Any information you Add to your Personal Address Book, Journal or calendar
after you click on the button will need to be manually re-added into Outlook
after you have been migrated.
6. Clicking this button does not complete your migration to Outlook. Your
migration will be completed  the evening of your migration date.

    Failure to click on the button means you WILL NOT get your Calendar,
Contacts, Journal and ToDo information imported into Outlook the day of your
migration and could result in up to a 2 week delay to restore this
information.

If you encounter any errors please contact the resolution center @
713-853-1411


Please include in this annoucement that the West continues to be managed by me and Mike Grigsby.

Thanks, BT

 -----Original Message-----
From: 	Vickers, Frank
Sent:	Monday, October 22, 2001 8:07 AM
To:	Tycholiz, Barry
Subject:

Barry, the re-org announcement is being drafted to indicate that the West and Texas are not affected.  In that announcement is it you and Mike or you and Phillip or you, Mike and Phillip that are leading the West ?

Frank


---------------------- Forwarded by Scott Neal/HOU/ECT on 08/15/2000 02:22 PM
---------------------------

	Enron North America Corp.

	From:  Kevin M Presto                           08/15/2000 02:12 PM

To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Spread option on Tiverton for Bal '00

---------------------- Forwarded by Kevin M Presto/HOU/ECT on 08/15/2000
02:02 PM ---------------------------

John Llodra@ENRON
08/15/2000 09:46 AM
To: Mark Dana Davis/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, Kevin M
Presto/HOU/ECT@ECT, John D Suarez/HOU/ECT@ECT
cc:
Subject: Spread option on Tiverton for Bal '00

Calpine-EMI wants to get a bid from us on a spread option on their Tiverton
plant in Tiverton, Rhode Island for Sept 1, 00 through Dec 31, 00.  (Tiverton
apparently has achieved full commercial status as of today)  I will be
pulling together a price today/tomorrow and was hoping to get back to them no
later than end of this week.  They are shopping this around to 4-5 entities
including us.  Here are some details FYI:

Day-ahead on-peak call on either power or gas
Power qty = 250 MW
Power strike = $45/Mwh
Gas qty = 30,666 mmBtu per day (16 on-peak hours), which results in an
implied heat rate of about 7667 mmbtu/GWh
Gas strike is $5.90/mmBtu
Gas is delivered to plant; they will assign their Algonquin gas capacity
rights which will allow secondary rights anywhere on the Algonquin G lateral
Power firmness:  unit contingent with availability guarantee of not less than
95%
Gas firmness:  secondary firm

Please get back to me ASAP with any comments or questions, including any
feedback on the degree of "strategic fit" this position would provide us.
Ed, I could especially use some gas expertise in scrubbing down the gas piece
and to make sure our gas curves are in the market (some miscellaneous
customer feedback I've gotten suggests our Northeast gas numbers are a bit
off).  Thanks all

John


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 06/01/2001 05:39 PM -----

	Twanda Sweet
	06/01/2001 05:35 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Consulting Agreement Form

This is set up as a merge document.  If it asks you to find the data source,
you can click on the document below or just delete the header source.

This is the attachment referenced in the the Consulting Agreement.

Twanda Sweet
Enron North America Corp.
EB3822
(713) 853-9402
twanda.sweet@enron.com


Sara

You are right about the tax issue - in fact, we are in the process of
replacing the UK directors and officers of Enron Credit Inc with US directors
and officers.

The entity that signs up to the confidentiality agreement ought to be the one
that owns the information to be supplied.  Based on conversations I have had
with Richard Sage, I had formed the impression that the owner of the
information was Enron Credit Ltd.  If this is right, we should pursue your
first suggestion.  Otherwise, given that the tax issue is being rectified and
this should therefore be an isolated incident, I think we can wear the tax
risk inherent in your second suggestion.  Though I do wonder whether an
officer of Enron Credit Inc, such as Richard Sage (currently), could sign,
rather than a director?

Kind regards

Guenther Klar


Attached is Sara Winslow's letter to Judge Downes responding to Mr. Figa's
letter regarding discovery.

Dawne Davis
Legal Assistant
Holland & Hart
P.O. Box 1347
Cheyenne, WY  82003
307-778-4240
307-778-8175 - fax
ddavis@hollandhart.com

NOTICE:  This message is PRIVILEGED AND CONFIDENTIAL.  It is sent under the
terms and conditions of a Joint Defense Agreement (JDA) and is directed only
to recipients who the sender believes have agreed to be bound by the JDA.  If
you do not agree to be bound by the JDA, or if you believe that this e-mail
has been sent to you in error, please reply to notify the sender that you
received the message in error, and please delete and disregard this e-mail.
Thank you.

 - 64b79000.pdf


Tana,

Just to help you out, I did a quick review of the work queue and there are
only a few pending for US.  Wow, you have been busy!

BP Oil Supply Co.
Gases y Graneles Liquidos S.A.
GearyEnergy, LLC
Helmerich & Payne Energy Services, Inc.
Maynard Oil Company
Microsoft Corporation
Pilot Corporation
Summit Natual Gas, LLP
TotalFinaElf Gas & Power North America

Let me know if this helps you out!

Thanks,
Stephanie


whenever

 -----Original Message-----
From: 	Meyer, Chris
Sent:	Wednesday, February 20, 2002 9:33 AM
To:	Parks, Joe
Subject:	Centana

Joe - I'm back in the saddle....Spain was great.  Hope things went well for your mom.

Lets get together asap to wrap up the Centana deal.

cmm
x31666


Sure, I have a meeting w/ Mark at 3.  Other than that, I'm open.

	Sara Shackleton@ECT
	06/07/2000 09:52 AM

		 To: jason.peters@enron.com
		 cc:
		 Subject: Re: Bridgeline Gas Marketing, LLC

Jason:  fyi.  Also, Randy Curry did call me yesterday but wasn't available
when I returned the call.
Also, let's get Sakura Dellsher executed (and we should create a file since
we're noting the ADM agreement which we did for Bridgeline).  Could we please
talk this afternoon about outstanding agreements?  ss
----- Forwarded by Sara Shackleton/HOU/ECT on 06/07/2000 09:49 AM -----

	Brant Reves
	06/07/2000 09:10 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Bridgeline Gas Marketing, LLC

hello Sara,

I think this should be a high priority once they take on an ISDA attorney.
Per your recommendation, I contacted Randy Curry, President of Bridgeline and
passed along your thoughts about Jason.  I gave him your phone number and he
sounded enthusiastic about wanting to talk with him.  God knows they need an
attorney.

Right now, I think we can take this off the priority list.

Thanks
Brant

From: Sara Shackleton on 06/06/2000 11:16 AM
To: Brant Reves/HOU/ECT@ECT
cc:
Subject: Bridgeline Gas Marketing, LLC

Brant:  Is this really high priority (for our legal/credit discussions)?  We
haven't heard from these guys since April 13.  Sara


Dear Eric,  On Thursday, the FBI announced it had received information that there may be additional terrorist attacks inside the United States or abroad in the next several days.  On Friday, we'll discuss the security of the nation's energy infrastructure with Interstate Oil & Gas Compact Commission Executive Director Christine Hansen.   Hansen will join us from Oklahoma City during the 11:00 a.m. ET newscast tomorrow.     On Friday from the Houston bureau, we'll have a report on Regional Transmission Organizations.  The Structure Consulting Group has already seen success due to the deregulation in the power industry and the company thinks more RTOs will help the industry in the long run. We'll bring you more on RTOs from the Houston bureau tomorrow.     Tidelands Oil & Gas Corporation/Reef International President Michael Ward will drop by the Houston bureau on Friday.  Ward's company just received operating and construction permits from the Texas Railroad Commission to begin construction on a pipeline into Mexico.  He'll bring us all the details for the upcoming project during the noon ET newscast.   The Washington bureau will speak with Megawatt Daily Editor  Michael Lustig on Friday.  He'll provide his reaction to the FERC meeting from Thursday.  The Washington bureau will also have the very latest on efforts by Republicans in Congress to get their energy bill onto the Senate floor.  Majority Leader Tom Daschle is expected to respond Friday to GOP criticisms that he's holding energy legislation hostage in Congress.   Live from the Invensys Conference in Las Vegas on Friday, ENL's  Kym McNicholas will speak with Editor of Energy Decisions Magazine  Mike Lobash.  Lobash will talk about how market dynamics affect the cost and availability of energy and technology's role in managing energy consumption.     FirstCall Director of Research Chuck Hill is scheduled to join us from Boston, Massachusetts on Friday.  Hill will discuss corporate bookkeeping in regard to terrorism-related losses during the  3:00 p.m. ET newscast tomorrow.   Finally, from ENL Headquarters, Spears & Associates Vice President Richard Spears will talk about U.S. drilling activity and how long he feels the current drilling depression could last.  Catch Spears during the 10:00 a.m. ET newscast on Friday.    Keep in mind things are subject to change at a moment's notice. Occasionally guests cancel or change time slots.  We'll continue to do our best to keep you updated on future interviews and events.     Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour.

	 	Jay Rickerts, EnergyNewsLive.com Anchor  View today's Energy Wrap video   (Requires Windows Media Player or Real Player )   Experience all that Williams Energy News Live has to offer!   If you are receiving this letter for the first time and wish to continue, subscribe now    To stop receiving this letter, unsubscribe now    If you are having trouble receiving this e-mail, please let us know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Comments? Suggestions? Let us  know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Copyright 2001 Williams Energy News Live, LLC. All  Rights Reserved.


EB 4712C

Ext. 3-1586


Hey Kysa - I hope you're still at your computer. Amy's number is 464-7404.
I'll try to call you in a minute and make sure you got this. And yes,
dinner's still on, even though I'm feeling motivated to make toast or
something equally effortless, so come without an appetite. (Just kidding -
but I'm seriously open to suggestions.)

Kate
464-7486

"Kysa Alport" <kalport@hotmail.com> on 04/18/2001 09:28:00 AM
To: kate.symes@enron.com
cc:

Subject:

Hi Kate - I emailed Amy this morning.? I was going to give her a call today,
would you mind c-lling me w/ her number.? Call my cell 503-706-5308.? Hope
you are having a good day.? Is dinner still on tonight, 7:30pm?? Kysa

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


except for Chris Simms of course . . .

http://ww3.sportsline.com/b/page/pressbox/0,1328,3476276,00.html


Attached is our protest filed last week.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 12/13/2000
10:34 AM ---------------------------

 - ERRATATO.WPD


You have received this email because you are listed as an alternate data approver. Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000076605&Page=Approval to review and act upon this request.

Request ID          : 000000000076605
Approver            : sandeep.kohli@enron.com
Request Create Date : 11/19/01 11:28:43 AM
Requested For       : janelle.russell@enron.com
Resource Name       : \\enehou\houston\common\Research - [Read/Write]
Resource Type       : Directory


---------------------- Forwarded by Susan W Pereira/HOU/ECT on 02/22/2001
08:10 AM ---------------------------

"Henk, Robert" <RHenk@barbnet.com> on 02/21/2001 03:55:21 PM
To: "'susan.w.pereira@enron.com'" <susan.w.pereira@enron.com>
cc:
Subject: March Gas

Susan, have you started buying March gas on Tenn (0)?


I have looked on APS' OASIS for the substations you mentioned.  The only one
listed as a receipt point was Moenkopi.  Below is a list of the other receipt
points available.  I'll be out next week but if you need help looking to see
if transmission capacity is available Diana, Paul, or Cara may be able to
help you.

Cholla 345
Desert Basin
Four Corners 230
Four Corners 345
GIla 69
Knox 230
Kyrene 230
Marketplace
MCC5
Mead 230
Mead 500
NavaJo 500
North GIla 500
PNPKAPS 230
Saguaro 500
San Luis 34
West Wing 500
Yucca 69

Javier Li@EES
02/28/2001 01:48 PM
To: Mary Hain/HOU/ECT@ECT
cc: Marc Pana/HOU/EES@EES
Subject: Interconnection in Arizona

Mary, I am working with Jeff Golden and Marc Pana in EES Corporate
Development. Marc asked me to send you a list of potential substations for
interconnection of mobile generation in blocks of 25 MW to 50 MW. Here is a
tentative list. Please feel free to suggest any other location you think is
suitable for trading power in Palo Verde (either directly or with power
displacement). Thanks for your attention.

Javier.
x. 34599

Tapco (has abandoned plant?)
Ash Fork
Williams
Parks
Winona
Leupp
Round Valley
Cataract Creek
Moenkopi
Sedona
Goodard
Kirkland


I received a call from Bill Olson (NMOCD) this morning regarding remediation
activities at the Roswell Station. Bill said that Dave Cobrain with the NMED
HRMB made a visit to the OCD's office yesterday to get an update on
activities at the site. Bill said that he provided Mr. Cobrain with copies of
assessment reports for the site. The last report submitted to the OCD was the
"Phase IV Assessment Report, Ground Water Monitoring Report, & Phase V Ground
Water Assessment Work Plan" dated June 30, 1999. The Phase V work plan was
subsequently approved by the OCD in a letter dated August 19, 1999. The
assessment activities had been on hold pending a resolution of off-site
access issues. More recently, we obtained an amendment to the existing water
development easement so that we could complete the Phase V assessment
activities. This work is scheduled to be complete within the next 4-6 weeks.
In a letter to the OCD dated August 29, 2000, we indicated that a report of
ongoing groundwater monitoring activities and a Phase V assessment report
would be submitted to the OCD office by December 31, 2000. This was the last
written correspondence between the OCD and TW.

Bill also indicated that he has worked with Dave Cobrain before. Bill had
several positive and encouraging comments about Dave and about his discussion
with Dave, including comments from Dave to the effect that media should not
be assumed to contain listed wastes and that TW should proceed with
remediation with oversight by the OCD. Bill said that he informed Dave of
certain outstanding issues that have impeded progress with remediation at
this site. Bill also indicated to me that he was encouraged by Dave's
involvement and with other individuals now on staff at the NMED HRMB.


The Center for the Advancement of Energy Markets (CAEM) has just issued the
2nd edition of the Retail Energy Deregulation Index 2001 (RED Index).  Due
to the California Crisis, the RED Index has recently been featured on CNN,
Time Magazine, NPR, and USA Today.

The latest version of the RED Index, first issued in February 2000 by CAEM,
showed three states-Pennsylvania, New York and Maine-with scores of 60 or
more out of 100. The states had scores of 66, 64 and 62, respectively.

The report said six states and the District of Columbia made significant
progress by scoring increases of more than 25 points between Jan. 1, 2000
and Jan. 1, 2001: Maryland (49-point increase), the District of Columbia
(47), Illinois (34), Texas (33), Ohio (33), Michigan (26) and Virginia (26).

The RED Index report also showed that:
* From 1999 to 2000, the RED Index National Score, the average of the scores
of the 50 states plus the District of Columbia, increased from 11 to 17.
* The median score was 6 and the mode (the score achieved by the greatest
number of states) was zero, indicating that the high scores of a limited
number of states skewed the national average.
* Pennsylvania, the state with the best RED Index scores from 1997 to 2000,
also had a significant decrease in electricity cost (revenue per kilowatt
hour)-17 percent. California, despite recent developments, also had a
decrease of almost 24 percent for the three-year period.

The Center for the Advancement of Energy Markets (CAEM) is an independent,
nonprofit think tank specializing in the impact of competition and
technology on transforming energy markets.
.
The response to the 1st edition of the RED Index from both the public and
private sector has far exceeded our expectation for a first-time study by
the new kid on the block.  The Governor of Pennsylvania and the New York
Public Service Commission issued press releases touting its ranking in the
RED Index and the Vermont Department on Public Utilities requested
permission to distribute the RED Index in its retail competition docket
(Docket 6330) as a straw man of the key attributes for retail restructuring.
The Secretary of Revenue of Pennsylvania cited us in his report on the
impact of electric restructuring on Pennsylvania's economy. The Alabama
Attorney General asked CAEM to testify on his behalf before the Alabama PSC
using the RED Index methodology.  The World Bank called it "the most
sophisticated scorecard for measuring power sector reform."

The following are several of the companies that purchased last year's index:
BG&E, Duke, PSE&G Energy Services, Enron, Allegheny Power, Dynegy,
Pricewaterhouse Coopers, DLJ, Constellation, Deutsche Banc, ConEd, NRECA,
Excelergy, Green Mountain, FPL, GPU, Marubeni Power International, McKinsey,
Niagara Mohawk, PECO, PG&E, Shell, Anderson Consulting, and SoCal Edison, to
name a few of the more recognizable names.

CAEM provides the RED Index at no fee to 1,600 government policy
organizations, including public utility commissions and state legislatures,
and nonprofit, public-interest organizations. CAEM funds the study by
charging a modest fee to private sector organizations.

The report also lists the following CAEM awards, as well as others:
* The CAEM RED Carpet Award goes to the person, organization or event that
most furthers the cause of an effective transition from the monopoly model
to the choice model.  The CAEM RED Carpet Award for 2000 goes to the State
of Pennsylvania.
* The CAEM RED China Award goes to the person, organization or event that
expresses the least confidence in market forces. The CAEM RED China Award
goes to Governor Gray Davis of California.

RED Index 2001 is a 200-page study that measures the progress states have
made in moving from the monopoly model of public utility regulation to the
competitive model. A RED Index score of 0 represents the monopoly model and
a score of 100 represents complete and effective implementation of the
competitive model. The index focuses on retail competition and currently
only covers electric restructuring, and will be updated once a year in July.

CAEM developed the RED Index by identifying 22 key attributes that are the
foundation for an effective transition to competition. These attributes were
weighted and scores were assigned to the different options that states have
regarding that attribute. CAEM then conducted research to determine the
option chosen by each state on each of the 22 attributes.  Over 45 state
commissions assisted CAEM by commenting on our characterizations of their
policies. The index scores were then calculated based on the methodology and
research.

Changes from last year's report include
* A new methodology developed in conjunction with an 11 member advisory
committee representing all sectors interested in restructuring;
* Expansion to 22 attributes and refinement of many commission options;
* RED Index scores extended to 1997 and 1998 to develop a four year
perspective
* Includes State Profiles on customer and retail market demographics
* More analysis of key events and impact of energy restructuring-California
and business practices

A RED Index for electric restructuring in Canada will be issued in March, an
update for both the US and Canada will be issued in July, and a natural gas
version for both Canada and the US will be issued in July.  The Annual
Project Fee includes all reports.

Private sector organizations can order a copy from redindex@caem.org
<mailto:redindex@caem.org> through the CAEM website at www.caem.org.

If you have any questions please contact Nancy Etkin, Project Director of
the RED Index, at netkin@caem.org <mailto:netkin@caem.org> or by calling
703-532-6887.

If you do not wish to receive information from CAEM, please reply and put
"remove" in the subject line.

 - winmail.dat


Tom,

The Doehrman #1 well came on line for first delivery on Monday, 2/7/00 at
11:45am.  The contract calls for intra-month pricing for deliveries that
commence after the first day of the month.  Please create a one month
baseload firm deal ticket for the remaining days of the month based on the
following information:

Counterparty    Meter   Volume   Price

Union Gas Operating Company  9825   500mmbtu/d   100% Gas Daily less $0.10

Susan will create a committed reserves firm ticket for the remaining term of
the deal once our geologists have gathered enough data to forecast the
reserves of this well; at such time, we will request that this ticket be
zeroed out.

If you have any questions or concerns, please give me a call.

Thanks,

vlt
x3-6353


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 12/21/2000
02:29 PM ---------------------------

Daren J Farmer
12/21/2000 10:40 AM
To: Jackie Young/HOU/ECT@ECT
cc: Howard B Camp/HOU/ECT@ECT, Sherlyn Schumack/HOU/ECT@ECT
Subject: Re: Deal extension for 11/21/2000 for 98-439

done

Jackie Young
12/21/2000 09:08 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Howard B Camp/HOU/ECT@ECT, Sherlyn Schumack/HOU/ECT@ECT
Subject: Re: Deal extension for 11/21/2000 for 98-439

Hi Daren,

I know that this is a busy part of the day for you.  But, when you get a
minute, can you please extend deal #465322 for cover a flow volume of 140
dec. for 11/21/2000?

Thanks
-Jackie-
3-9497
---------------------- Forwarded by Jackie Young/HOU/ECT on 12/21/2000 09:06
AM ---------------------------

Jackie Young
12/19/2000 09:30 AM
To: Victor Lamadrid/HOU/ECT@ECT
cc:
Subject: Re: Deal extension for 11/21/2000 for 98-439

Typo............Deal #462490

	Enron North America Corp.

	From:  Victor Lamadrid                           12/19/2000 09:24 AM

To: Jackie Young/HOU/ECT@ECT
cc: Meredith Mitchell/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Sherlyn
Schumack/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT, Clem Cernosek/HOU/ECT@ECT,
Cynthia Franklin/Corp/Enron@ENRON
Subject: Re: Deal extension for 11/21/2000 for 98-439

Jackie, 465490 is not a deal between ENA and HPL.. It is a Zone 5 Tennessee
sale between ENA and a third party...Thanks

Jackie Young
12/19/2000 09:02 AM
To: Victor Lamadrid/HOU/ECT@ECT, Meredith Mitchell/HOU/ECT@ECT, Daren J
Farmer/HOU/ECT@ECT
cc: Clem Cernosek/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT, Sherlyn
Schumack/HOU/ECT@ECT
Subject: Deal extension for 11/21/2000 for 98-439

Victor,

Can you extend deal #465490 to cover a flow volume of 141 dec. for 11/21/2000?

Daren,

Can you extend deal #465322 for cover a flow volume of 140 dec. for
11/21/2000?

Thanks
-Jackie-
3-9497


definitely get their info and extend congrats.  we should try to visit them
again in 1Q to see what's going on.  let them know we'd like to do that.

b

	Kimberly Parrish
	12/18/00 02:31 PM

		 To: Brian Spector/Enron Communications@Enron Communications
		 cc: Jeff Dasovich/NA/Enron@ENRON
		 Subject: Global Photon

Friday's Bandwidth Market Report reported Global Photon's regulatory approval
to build their 4-Tbps from San Diego to Morro Bay.
I'm thinking we still consider this company a small fry, but perhaps
congratulations are in order  - your thoughts?
I do not have the business cards of the group we met with, but Jeff probably
has their names and e-mails.

Thanks
Kimberly


things are going well.  i still haven't gotten your graduation invite.
unless i'm not invited anymore ....

Danielle Samson <DanielleS@JonesGranger.com> on 04/17/2000 04:51:44 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject:

Hello there?
Just wanted to say hi and see how everything is going?  I hope all is well!

Dee


I thought this was what we were already doing.  Sara, Mark, wasn't that your
understanding?

	Brent Hendry@ENRON
	08/07/2000 10:45 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
		 Subject: Re: weather confirm

When the Master does not have the weather modification to the Trade Option
Exemption representation then I think we should include it in the confirm. Is
this feasible?

	Tana Jones@ECT
	08/07/2000 10:25 AM

		 To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Brent
Hendry/NA/Enron@Enron
		 cc:
		 Subject: Re: weather confirm

Tanya forwarded the attached confirm on to me.  Are we supposed to have that
weather rep also in confirmations when we trade under a master?
----- Forwarded by Tana Jones/HOU/ECT on 08/07/2000 10:24 AM -----

	Tanya Rohauer
	08/07/2000 10:21 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: weather confirm

---------------------- Forwarded by Tanya Rohauer/HOU/ECT on 08/07/2000 10:17
AM ---------------------------

	From:  Diane Anderson @ ENRON                           08/07/2000 10:09 AM

To: Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: Re: weather confirm


Liane,

 As we discussed yesterday, I am concerned there has been an attempt to
manipulate the  El Paso San Juan monthly index.  A single buyer entered the
marketplace on both September 26 and 27 and paid above market prices
($4.70-$4.80) for San Juan gas with the intent to distort the index.  At the
time of these trades, offers for physical gas at significantly (10 to 15
cents) lower prices were bypassed in order to establish higher trades to
report into the index calculation.  Additionally, these trades are out of
line with the associated financial swaps for San Juan.

 We have compiled a list of financial and physical trades executed from
September 25 to September 27.  These are the complete list of trades from
Enron Online (EOL), Enron's direct phone conversations, and three brokerage
firms (Amerex, APB, and Prebon).  Please see the attached spreadsheet for a
trade by trade list and a summary.  We have also included a summary of gas
daily prices to illustrate the value of San Juan based on several spread
relationships.  The two key points from this data are as follows:

 1.  The high physical prices on the 26th & 27th (4.75,4,80) are much greater
than the high financial trades (4.6375,4.665) on those days.

 2.  The spread relationship between San Juan and other points (Socal &
Northwest)  is  consistent between the end of September and
       October gas daily.  It doesn't make sense to have monthly indeces that
are dramatically different.

 I understand you review the trades submitted for outliers.  Hopefully, the
trades submitted will reveal counterparty names and you will be able to
determine that there was only one buyer in the 4.70's and these trades are
outliers.  I wanted to give you some additional points of reference to aid in
establishing a reasonable index.  It is Enron's belief that the trades at
$4.70 and higher  were above market trades that should be excluded from the
calculation of index.

 It is our desire to have reliable and accurate indeces against which to
conduct our physical and financial business.  Please contact me
anytime I can assist you towards this goal.

Sincerely,

Phillip Allen


A proposed Technical Corner Article on the work we did fitting the New York
area gas load data is attached for comment.

Bob Lee


Attached please find drafts of the following:

Notice
Assignment and assumption agreement (with GE acknowledgement)
Bill of sale
Exhibits for bill of sale and for the notice

I expect that there will be sets of documents for CA Energy Development I and
CA Energy Development II.  CA Energy Development II will include a
transformer as well as a turbine generator set.

Please let me know if you have any comments.

Kay


The following expense report is ready for approval:

Employee Name: Robert L. Bradley Jr
Status last changed by:  Automated Administrator
Expense Report Name: Robert L Bradley Jr
Report Total: $5,092.29
Amount Due Employee: $5,092.29

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


okey-dokey, all taken care of....

xoxo, Sabra

 -----Original Message-----
From: 	Germany, Chris
Sent:	Thursday, April 18, 2002 8:24 AM
To:	Germany, Chris; Mazowita, Mike; Kelly, Katherine L.; Dinari, Sabra L.; Denetsosie, Troy
Cc:	Hill, Garrick
Subject:	RE: Lone Star Sales to TXU for April 2002

Sold TXU 15,000 dth at $3.315 for Fri 4/19/02.

Sabra, I sold them 10,000 of Conger gas and 5,000 of the Sprayberry.

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, April 17, 2002 8:20 AM
To:	Germany, Chris; Mazowita, Mike; Kelly, Katherine L.; Dinari, Sabra L.
Cc:	Hill, Garrick
Subject:	Lone Star Sales to TXU for April 2002

Sold TXU 10,000 dth at $3.17 for Thur 4/18/02.  I checked on the price with Darren Farmer at AEP and he said that's where Waha was trading so I don't feel like we are being taken advantage of too much.

 -----Original Message-----
From: 	Germany, Chris
Sent:	Tuesday, April 16, 2002 10:12 AM
To:	Mazowita, Mike; Kelly, Katherine L.; Dinari, Sabra L.
Cc:	Germany, Chris; Hill, Garrick
Subject:	Lone Star sales for Wed 4/17/02

Sold TXU 10,000 dth at $3.27 for Wednesday 4/17/02.


Any protests?

	Enron Capital & Trade Resources Corp.

	From:  "Wenner, Adam" <awenner@velaw.com>
01/03/2001 06:37 AM

To: "'Hain, Mary'" <mhain@enron.com>, "'Novosel, Sarah'" <snovose@enron.com>
cc:
Subject: FW: EPMI et al., Docket No. ER01-753

 The marketing affiliate rate schedule filing was noticed on Dec. 29. The
link to the RIMS notice is attached below.
> Protests/interventions are due on January 12, 2001.
>
> http://rimsweb1.ferc.fed.us/rims.q?rp2~getImagePages~2113400~258~1~1~50
>

> +++++++++++++++++++++++
> CONFIDENTIALITY NOTICE
> +++++++++++++++++++++++
> The information in this email may be confidential and/or privileged. This
> email is intended to be reviewed by only the individual or organization
> named above. If you are not the intended recipient or an authorized
> representative of the intended recipient, you are hereby notified that any
> review, dissemination or copying of this email and its attachments, if
> any, or the information contained herein is prohibited. If you have
> received this email in error, please immediately notify the sender by
> return email and delete this email from your system. Thank You
>
>
          ++++++CONFIDENTIALITY NOTICE+++++
The information in this email may be confidential and/or privileged.  This
email is intended to be reviewed by only the individual or organization
named above.  If you are not the intended recipient or an authorized
representative of the intended recipient, you are hereby notified that any
review, dissemination or copying of this email and its attachments, if any,
or the information contained herein is prohibited.  If you have received
this email in error, please immediately notify the sender by return email
and delete this email from your system.  Thank You


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.

Option Candlesticks
http://www.carrfut.com/research/Energy1/candlesticks25.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


The report named: NG - PROPT P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=11&report_name=NG+-+PROPT+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=10/18/2001>, published as of 10/18/2001 is now available for viewing on the website.


I have a new cell phone number.  It is 713-628-3104.

EPB


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/03/2000
12:30 PM ---------------------------

Tim Heizenrader
03/03/2000 07:25 AM
To: James B Fallon/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT
cc:
Subject: Western Strategy Summaries

Slides from yesterday's meeting are attached:


Voila! Have fun....
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/06/2001 03:06 PM
---------------------------

djenergy <djenergy@dowjones.com> on 03/06/2001 02:12:03 PM
To:
cc: "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>, "Kogut, George"
<George.Kogut@dowjones.com>

Subject: DJ NP 15 Electricity Price Index

 - NP 15 pages.xls
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/06/2001 03:06 PM
---------------------------

djenergy <djenergy@dowjones.com> on 03/06/2001 02:12:14 PM
To:
cc: "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>, "Kogut, George"
<George.Kogut@dowjones.com>

Subject: DJ SP 15 Electricity Price Index

 - SP 15 pages.xls
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/06/2001 03:06 PM
---------------------------

djenergy <djenergy@dowjones.com> on 03/06/2001 02:12:07 PM
To:
cc: "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>, "Kogut, George"
<George.Kogut@dowjones.com>

Subject: DJ Palo Verde Electricity Price Index

 - Palo.xls
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/06/2001 03:06 PM
---------------------------

djenergy <djenergy@dowjones.com> on 03/06/2001 02:11:59 PM
To:
cc: "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>, "Kogut, George"
<George.Kogut@dowjones.com>

Subject: DJ Mid-Columbia Electricity Price Index

 - MidC.xls
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/06/2001 03:06 PM
---------------------------

djenergy <djenergy@dowjones.com> on 03/06/2001 02:11:06 PM
To:
cc: "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>, "Kogut, George"
<George.Kogut@dowjones.com>

Subject: DJ MeadMarketplace

 - MeadMktplace (2).xls
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/06/2001 03:06 PM
---------------------------

djenergy <djenergy@dowjones.com> on 03/06/2001 02:11:00 PM
To:
cc: "Onukogu, Ernest" <Ernest.Onukogu@dowjones.com>, "Kogut, George"
<George.Kogut@dowjones.com>

Subject: DJ COB Electricity Price Index

 - Cob.xls


Hopefully, none of these transactions have been "booked" for ENA by a trader
located in a foreign country.  That said, the general rule is that
intra-company transactions are generally booked directly to RMT rather than
to ENA and then back to RMT.  I have cc'd Rhett Jackson on my reply so that
he can confirm this since Rhett has become the "keeper" of the RMT technology
for our group.  Sorry for the delay in responding.  Steve.

From: Sara Shackleton on 09/07/2000 01:18 PM
To: Jeff Blumenthal/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT
cc:
Subject: RMT Masters - booking trades

The following Enron companies have recently booked financial trades with
ENA.  I think these should be booked directly with RMT.  Please advise.

Enron Netherlands Holding BV

Enron Development Funding Ltd.

EnronCredit.com Limited

Thanks for your help.  Sara


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Thursday, October 18, 2001

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Williams Energy Marketing & Trading Company shouldn't be a problem for
weather transactions.  The Master Agreement we have in place with them is an
ISDA Local Currency.  The only thing we need to cover is in the confirmation
adding the trade option rep for weather, since weather wasn't covered way
back then.  Otherwise, they are already approved for all products for online
trading.  Since the master is a Local Currency form, we might run into some
problems if they wanted to trade non-u.s based products, or use any other
currency other than U.S. $$.  If either of those issues come up, let me know.


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

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

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

Maureen


Don't forget to go into the system and stop the money from going into your
401. Do you want our compass saving acct. number?
heart
me

Lauren had a gross nose this morning.  It spread all over her face.


missing deals for bob:

sells williams
94.00
50 mw
Q2
pv
peak

buys williams
90.00
50 mw
Q2
sp15
peak

missing deals for matt:

sells williams
94.00
25 mw
Q2
pv
peak

buys williams
90.00
25 mw
Q2
sp15
peak


Christy, can we send these documents in word format - I'm not sure if this is
a problem for everyone but I can never open these attachments from
Braeswell.  Can you please send a hard copy.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/20/2000
07:35 PM ---------------------------

	From:  Christi L Nicolay                           11/20/2000 01:45 PM

To: David W Delainey/HOU/ECT@ECT
cc: James D Steffes/NA/Enron@Enron
Subject: HQ files to continue market based rates

Dave -- Kevin has asked that we do a full-blown protest of HQ's continuation
of market based rates due to market manipulating behavior that Tom May has
seen.  Due 11/30.  Let us know if we should not proceed with the OASIS
review, etc. and drafting of protest.  Thanks.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 11/20/2000
12:24 PM ---------------------------

"Nancy Pickover" <npickover@bracepatt.com> on 11/20/2000 12:30:27 PM
To: <Christi.L.Nicolay@enron.com>, <donna.fulton@enron.com>,
<marcie.milner@enron.com>, <mary.hain@enron.com>, <snovose@enron.com>
cc:

Subject: Orders/Notices

Please see attached.  H.Q. Energy has filed its market power study.
Interventions/protests are due on Nov. 30.

 - ER97-851.1


Congratulations!

That sounds like a really interesting and worthwhile job - I am guessing -
public policy, but with a strong focus on how to run a good market.

I wish you all the best.

Sabine.


Sorry Bob--too late, this case belongs to you. Seriously, I have asked Britt
Davis to help me sort this out. He has been heading up the effort to
(finally) get rid of this case

	Robert C Williams@ENRON_DEVELOPMENT
	10/09/2000 02:39 PM

		 To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Sue Kelly/LON/ECT@ECT@ENRON, Kate Cole/Corp/Enron@ENRON, John
Echols/Enron Communications@Enron Communications@ENRON, Justin
Boyd/LON/ECT@ECT@ENRON, Teresa Callahan/Corp/Enron@Enron, Wyndel
McNamara/NA/Enron@Enron, Richard Sanders
		 Subject: Re: Enron Gas Liquids Europe S.A.R.L - liquidation

I think Richard Sanders is managing this litigation.  The other party is
Interfert.  And John, trust me, since I managed this while at ECT (nka ENA),
you don't want to give Richard any reason to transfer it to you (or to me).
Its a pain.  Besides, I can't imagine that this would be under EECC, but the
accounting boys never cease to amaze.

John Schwartzenburg
10/09/2000 01:58 PM
To: Sue Kelly/LON/ECT@ECT@ENRON
cc: Kate Cole/Corp/Enron@ENRON, John Echols/Enron Communications@Enron
Communications@ENRON, Justin Boyd/LON/ECT@ECT@ENRON, Teresa
Callahan/Corp/Enron@Enron, Wyndel McNamara/NA/Enron@Enron, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Enron Gas Liquids Europe S.A.R.L - liquidation

Yikes! Justin, if you folks are litigating a case involving this entity,
then EECC needs to be aware of it, including myself as the GC and our
litigation managers, Bob Williams and Gail Brownfeld. Can you please let me
know what  the nature of  the case is, including it's status, and which Enron
lawyers are handling it?

Kate, it might be that entity is just improperly shown as an EECC entity.
Justin, can you tell us who the Enron commerical people involved with the
case are?

Sue Kelly@ECT
10/09/2000 01:29 PM
To: Kate Cole/Corp/Enron@ENRON
cc: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON, John
Echols/Enron Communications@Enron Communications@ENRON, Justin
Boyd/LON/ECT@ECT, Teresa Callahan/Corp/Enron@Enron, Wyndel
McNamara/NA/Enron@Enron

Subject: Re: Enron Gas Liquids Europe S.A.R.L - liquidation

Hello ther

I understand from Justin that this is ongoing and will not be finalised until
outstanding litigation is resolved.  I understand that you guys in Houston
are running this one?

Sue.

Kate Cole@ENRON
09/10/2000 16:06
To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Echols/Enron Communications@Enron Communications, Sue Kelly/LON/ECT@ECT,
Justin Boyd/LON/ECT@ECT
cc: Teresa Callahan/Corp/Enron@Enron, Wyndel McNamara/NA/Enron@Enron

Subject: Re: Enron Gas Liquids Europe S.A.R.L - liquidation

John - I knew that this was tickling my memory and suddenly I remembered!
Back in 1997 John Echols was appointed liquidator to continue the process of
liquidating Enron Gas Liquids Europe S.A.R.L. (which I presume is the same
entity to which you refer).

By copy email I'm asking John Echols, Sue Kelly and Justin Boyd what happened
to the liquidation proceedings.  Does the entity still exist and if not, how
can we get copies of the liquidation evidence.

Thanks Kate

Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
FAX: (713) 646-8007
Email: kate.cole@enron.com

	John Schwartzenburg@ENRON_DEVELOPMENT
	10/02/2000 12:05 PM

		 To: Kate Cole/Corp/Enron@ENRON
		 cc: Wyndel McNamara/NA/Enron@ENRON, Teresa Callahan/Corp/Enron@Enron
		 Subject: Re: Enron Hydro Modernization Company

Hi, Kate. It surely can wait that long.

By the wasy, we have another company that somehow has been allocated to us,
Enron Gas Liquids, a French Company, that EECC was surprised to find it owns
and has no use for, so we would like to liquidate it as well. Is that
something your gang would handle as well, just to make sure that no other
Enron entity needs it?

Kate Cole@ENRON
09/29/2000 05:06 PM
To: Wyndel McNamara/NA/Enron@ENRON
cc: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Teresa
Callahan/Corp/Enron@Enron

Subject: Re: Enron Hydro Modernization Company

Hopefully this can wait until w/c 10/9 as Teresa and I will be out of the
office until then.  Teresa will send out a dissolution memo to ensure that
everybody is on the same page and then Corporate Legal will prepare the
documents.  You don't have to do anything else! Thanks Kate

Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
FAX: (713) 646-8007
Email: kate.cole@enron.com

	Wyndel McNamara
	09/29/2000 03:26 PM

		 To: Kate Cole/Corp/Enron@ENRON
		 cc: Teresa Callahan/Corp/Enron@Enron, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Enron Hydro Modernization Company

I have been instructed to dissolve the above listed domestic company.  Please
tell me what I need to do to accomplish this task.

Thank you for your help in this matter,

Wyndi


I fully endorse Mark's suggestion to load up our ISDAs. A worldwide data
dase of this nature is a valuable resource.  I have access to the data base
and refer it. Getting our contracts on is on my to do list. What is the best
way forward.   Yes I will be over in October, I fact I will staying a month.
However, if there is anything we can do to get info loaded up sooner? We are
most willing to put in the resources.

When access is being granted could it also be given to my Admin assistant
Alison Keogh and also Rob McGrory who is also working under my direction on
ISDA documentation.

Thanks for taking the initative on this matter.

From: Tana Jones@ECT on 17-08-2000 09:43 CDT
To: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mark Taylor/HOU/ECT@ECT

Subject: Financial Trading Legal Database

David,

Mark Taylor asked me to talk to you about getting your ISDA Masters inputted
into our Financial Trading Database.  This databse is the central master
database where we keep records of the financial agreements in either draft
form or that have been executed.  London currently updates this database to
manage  its (and Singapore's) financial contracts and I would like to get the
Australian agreements plugged into the system.

This database serves a number of purposes.  First, it is our core memory of
contract negotiations.  Anyone in Legal and Credit around the world can take
a look at this database and determine who we have entered into contract with
and what negotiation issues may be at issue.  It is critical as we become a
global trading company that we are consistent in the legal positions we take
on these financial contracts.  For instance, it would be quite problematic if
someone in Houston was negotiating a contract with an ISDA counterparty and
asserted that a certain position was critical, if we find out a lawyer in
another office was negotiating with the same counterparty and gave on the
same position the day before.  We need to make a somewhat coordinated effort
on the counterparty front.

In addition, with so many masters and so many counterparties there is just no
way to keep track of what we have said or done unless we have a database.

Further, we use the information in the database to respond to inside
auditing, reporting and insurance inquiries.

For online trading, I check the database to see if we have a financial master
agreement and what trading restrictions we may or may not have in place.
Global contracts uses this database to confirm their financial contract
records and approval for online trading.

For both Houston and London we use the database to communicate with our
Clients, whether traders or  back office support people.  Employees outside
legal have  limited view access only to see all the information except the
confidential Legal and Credit comments.  They have no edit capabilities.  The
database also has some reporting functions that we and London Legal have
found helpful.

You should have gotten my email to Mike Neves, out database coordinator
requesting full edit access for you.  It usually takes a few days.  Once you
get access maybe you could find some time to surf the database, and we can
figure out how to get your ISDA data inputted..

Are you coming to the ENA Legal Conference in October?  That would be a good
time for me to do a full review of this database with you.


Joe asked me to get in touch with you regarding Indian media
reports/inquiries on possible sale or sell down of Dabhol and to discuss a
possible statement in the event we get additional inquiries.  Give me a call
- 713-853-1586, home: 713-621-6550; pager: 888-906-9761.


- 1-22-2002.xls


Please find attached the credit worksheet for the preparation of an ISDA with
Lafarge Canada Inc.  Please also be advised that we will be exchanging
guarantees with the counterparty and therefore will need to prepare a draft
guaranty for their review as well.

Thanks so much for all your help!
Wendy


Thanks

Vince

 -----Original Message-----
From: 	Kim, Jinbaek
Sent:	Tuesday, June 19, 2001 10:08 AM
To:	Kaminski, Vince J
Subject:	the summary report, I am sorry.

Vince,

I am sorry to send this late.
I had to finish a report for DealBench team yesterday,
and read papers and prepare slides for the meeting scheduled tomorrow 2PM.
Because I thought those work has to be done first,
I didn't put the priority to the summary report.

Attached is the summary report.
However, I hope I have more time to double check this.

I'll do the proofreadding, and send this again,
after the presentation tomorrow,
together with the summary report of tomorrow's presentation.

I am sorry for this again.
Jinbaek

 << File: summary.06.15.doc >>


Please order me a 3 hole punch and more letter size red ropes.

Thanks!!

Kay


Corrected summary


Hi Lyn:

I have not received an answer for the below request for another Sun
computer.  Did you get it?

We also need to order another regular computer like the others that have
been supplied to the Research Group.  It will be for Tanya Tamarchenko
and her location on the 19th floor is EB 1940.  Tanya has two offices and
does not have a computer in her office on the 19th floor.

Co# 0011 - RC# 100038

Thanks!

Shirley Crenshaw

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 01/17/2000
03:39 PM ---------------------------

Shirley Crenshaw
01/12/2000 11:14 AM
To: Lyn Malina/HOU/ECT@ECT
cc:
Subject: Sun Computer

Hi Lyn;

The Research Group is in need of another Sun Computer to be located at
EB1951.  Please let me know that ETA.

CO. # 0011 - RC# 100038

Thanks!

Shirley
3-5290

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 01/12/2000
11:10 AM ---------------------------

Shirley Crenshaw
01/07/2000 01:49 PM
To: Lyn Malina/HOU/ECT@ECT
cc: William Smith/Corp/Enron@ENRON, Vince J Kaminski/HOU/ECT@ECT, Alex
Huang/Corp/Enron@ENRON
Subject: New PC

Hi Lyn:

Alex Huang has requested a new PC and Vince Kaminski has ok'd it.  Please
order the computer as listed below in Alex's request.

Thanks!

Shirley
3-5290

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 01/07/2000
01:48 PM ---------------------------

Vince J Kaminski
01/07/2000 12:12 PM
To: Shirley Crenshaw/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Alex
Huang/Corp/Enron@ENRON
Subject: New PC

Shirley,

OK.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/07/2000
12:02 PM ---------------------------

Alex Huang@ENRON
01/07/2000 08:28 AM
To: Shirley Crenshaw/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT
Subject: New PC

Hi Shirley,
I would like to request for a new PC.  My current PC is quite old with not
enough memory.  Twice
I ran out of memory and had to have IT people coming to clean it for me.
Their suggestion is
to either get a new hard drive or a new PC.  Given that Dell has Pentiumc III
Processor at 800 MHz
on market, I would like to request a PC with process at 500 MHz or higher
level.
Thank you very much.

Best,
Alex


HIGHLIGHTS

FULL YEAR PERFORMANCE SUMMARY

Wholesale Services: Income before interest, minority interests and taxes
(IBIT) of the wholesale group increased 72 percent in 2000 to $2.3 billion.

Commodity Sales and Services: The 160 percent increase to $1.6 billion in
Commodity Sales and Services IBIT for 2000 reflects Enron,s broad-based
success in building energy franchises across North America and Europe. For
the full year, Enron,s North American natural gas business led the group,s
increase both in volume levels and profitability.

In 2000, Enron completed its first full year of deploying EnronOnline, which
quickly became the world,s largest web-based e-commerce site. During the
year, Enron executed 548,000 transactions online with 3,000 customers,
totaling $336 billion of gross value. In addition to expanding the market
reach of 1,200 wholesale commodity products, EnronOnline,s internal features
have enabled very significant expansion in scale, efficiency, information and
liquidity. These sustainable competitive advantages contributed to both the
expansion of Enron,s existing wholesale businesses as well as the growth of
new businesses.

Physical volumes in 2000 increased for gas and power in every major region
where Enron operates, including:
Total Wholesale:
 * a 59 percent total increase in wholesale volumes to 51.7 TBtue/d;
 * an 82 percent increase in natural gas volumes to 28.3 TBtue/d; and
 * a 62 percent increase in power volumes to 633 million megawatt hours.
North America:
 * a 77 percent increase in natural gas volumes to 24.7 TBtue/d; and
 * a 52 percent increase in power volumes to 579 million megawatt hours.
Europe and Other:
 * a 131 percent increase in natural gas volumes to 3.6 TBtue/d; and
 * a 372 percent increase in power volumes to 55 million megawatt hours.

Assets and Investments: The Wholesale Assets and Investments business
reported $889 million IBIT compared to $850 million last year. The earnings
reflect contributions from Enron,s asset operations comparable to 1999
levels. Relative to last year, Enron experienced an increase in the total
value of its merchant investments and lower gains from sales of energy assets.

Enron also announced increased earnings target for 2001 to $1.70 - $1.75 per
share.

IN THE NEWS

"At the same time, Enron Corp. nearly doubled its market value to more than
$60 billion, roughly equal to Walt Disney Co. and double the market
capitalization of Compaq Computer Corp.  Enron is the largest Houston
company, ranked  by annual revenue.  Compaq is second." -- Houston Business
Journal (January 12-18)

NUGGETS & NOTES

Quotes from the Office of the Chairman

"It's WA-T-ER not "wadder"!" - Nicki Daw, Executive Assistant to Mark
Frevert-EWS

"Help me, help YOU!"  -Liz Taylor, Executive Assistant to Greg Whalley-EWS

"You're the Boss, Applesauce!" - Kay Chapman, Executive Assistant to Dave
Delainey-EA

"John's always in a good mood!" - Kim Hillis, Sr. Admin. Assistant to John
Lavorato-EA

"Yes, I have moved and my new location is..." - Cathy Phillips, Executive
Assistant to Mike McConnell-EGM

"You Got It!!!!" - Jennifer Burns, Sr. Admin. Assistant to Jeff Shankman-EGM

"When's the sunny weather back? I left England for this!!!" - Sue Ford,
Executive Assistant to Jeff McMahon-EIM

"........well you know we are tight on space!" - Marsha Schiller, Executive
Assistant to Ray Bowen-EIM

Congratulations! to Jody Pierce, manager in Business Analysis & Reporting and
wife Tara.  They are the proud parents of Joseph Michael Pierce II.  He was
born December 31and weighed 7lbs. 4oz.

Congratulations!  to Scott Earnest, director for EGM Global Products, and
wife Lanette Earnest, ENA Tax.  They are the proud parents of Nicole
Mackenzie Earnest.  She was born January 17 and weighed 6 lbs. 8 oz.

WELCOME

EGM New Hires
Bob Beyer - Manager - Weather Risk Management Marketing (Chicago)
Partho Ghosh - Manager - Weather Risk Management Marketing
Gray Calvert - Associate - Weather Risk Management Structuring
Sandeep Ramachandran - Manager - Weather Risk Management Trading
Huy Dinh - Staff - Weather Risk Management Data Acquisition/Trader Support

LEGAL STUFF

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


Em,

I cannot believe you ran into Ben Affleck!!!  I'm sure it's just the first of
many celebrity sightings you will have in Jolly Old England.  I had an
absolutely incredible time in San Diego with Julie.  We went to the beach
(where I was able to lay-out and not sweat!), shopped a ton, attended the
symphony and got messages.  All in all it was an extremely relaxing weekend.
Yesterday, I was in Austin for a recruiting trip and got to see Corey's new
house in Hyde Park - very cute.

So I got back to work today, Wednesday, and still no word from Mr. Noble.
Just to refresh, the last time I heard from him (email) was Thursday
morning.  You'd be proud of me though as I have refrained from any form of
contact and plan to continue that route only deviating if/when it becomes
necessary for me to have a formal close to things.  I'm still hoping that
will not be the case but am fully prepared for the possibility that my brief
encounter with dating may be over for a while.

Sue


These may be what you are looking for.
----- Forwarded by Brent Hendry/NA/Enron on 03/13/2001 08:52 AM -----

	Melba Lozano@ECT
	11/30/2000 04:38 PM

		 To: Brent Hendry/NA/Enron@Enron
		 cc:
		 Subject: GTC Requested

Brent,

Attached are the GTC's you requested.

Weather

PJM Demand

Please let me know if you need anything else.

Thank you,

Melba


I see $498 rt from des moines to madrid on northwest
and $423 rt from houston to madrid on continental
that appears to me to be available on the dates we want . . . without
using priceline . . .
have you used up all your attempts on priceline eric?  if so, so you
want me to try from here?  what prices were you trying to bid?

** I also don't see a flight from omaha to houston on Continental for
those dates --- do you know if continental has stopped flying to omaha?
there are other carriers, but none direct.  just wondering.

> -----Original Message-----
> From: Gerald.Nemec@enron.com [SMTP:Gerald.Nemec@enron.com]
> Sent: Friday, September 29, 2000 11:49 AM
> To: matt.gillaspie@brentonbank.com
> Cc: Eric.Gillaspie@enron.com
> Subject: Re: FW: A Little Story
>
>
> Sounds like your little cousin is continuing to strike out on the
> airline
> tickets.  It really breaks my heart to see the once great web master
> fall
> so far. Maybe we should have assigned him the task of color
> coordinating
> his pants and shirts for the trip.
>
>


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.

Crude     http://www.carrfut.com/research/Energy1/crude73.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas73.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil73.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded73.pdf

Feb. WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clg-qog.pdf
Feb Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Feb Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Feb Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hug-hog.pdf
June Gas/Heat Spread
http://www.carrfut.com/research/Energy1/HUM-HOM.pdf
March Gas/Heat Spread
http://www.carrfut.com/research/Energy1/HUH-HOH.pdf
Feb/May Unlead Spread
http://www.carrfut.com/research/Energy1/HUG-HUK.pdf
Feb/July Crude oil Spread
http://www.carrfut.com/research/Energy1/CLG-CLN.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG73.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG73.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL73.pdf

Scott Mollner Recommendation
http://www.carrfut.com/research/Energy1/recom1-14-02.pdf


Lisa,

Here is the information you requested on our claim against PG&E for the California ISO underscheduling penalty.

Overview of the penalty:  The ISO assesses a penalty---known as Charge Type 480---against Scheduling Coordinators whose actual demand exceeds scheduled demand by more than 5%.  You can find this in the ISO Tariff at Section 2.2.13.2.3.  The Tariff also provides that the Underscheduling Penalty will be distributed to SCs whose actual demand exceeds scheduled demand by less than a 5%.  ISO Tariff Section 2.2.13.2.3.3.  Underscheduling Penalty Revenues are distributed as Charge Type 1480.  Here is a handout from the ISO explaining the charge.

Procedural background:  On December 8, 2000, the ISO filed a Tariff change with FERC in which the ISO proposed a penalty that would be assessed against Scheduling Coordinators that underscheduled load, i.e., actual demand exceeded scheduled demand.  This Amendment 33 was adopted by FERC in its December 15, 2000. Order.  In March, the ISO filed Tariff Amendment 38, asking that the Underscheduling Penalty be suspended.  The ISO noted that in its transmittal letter accompanying its filing that "Most of the shortfall in the amount of forward scheduled Load is attributable to PG&E and SCE. . . .From January 1, 2001 to March 14, 2001, the ISO estimates that the penalties will exceed $400 million."  Page 4, Transmittal Letter for Amendment 38 to the ISO Tariff, submitted to FERC on March 20, 2001.

FERC rejected the ISO's request to suspend the penalty, and so the ISO reluctantly calculated the amounts that would be due to each SC.

The ISO has informed us that we are due $33.8 million.  Here is the spreadsheet the ISO sent us.   And this is the letter regarding PG&E claims that accompanied this spreadsheet.

Unfortunately, the CAISO's information does not show us how much of the amount is attributable to PG&E.  I called the CAISO this morning, and was told that others have been requesting this breakout of information.  The ISO's response was that it would be impossible for it to determine how much of the PX's penalty was attributable to PG&E---and therefore it was not going to rerun the settlements.  I told them that the PX only scheduled power for 17 days while the penalty was in effect and that we would still be interested in seeing what PG&E owed for the period of January 18 to present.  They are taking this under consideration and promised to get back to me, but I am not holding my breath.

I would phrase the claim in this manner:

1.  The ISO is obligated under its Tariff to assess Underscheduling Penalties to SCs underscheduling load by more than 5%.
2.  The ISO filed papers with FERC in March stating that Underscheduling Penalties had already reached approximately $400 million, and most of that amount was due from PG&E and SCE.
3.  To assist SCs in preparing claims against PG&E, the CAISO provided EPMI with a statement showing that we are due $33.8 million in Underscheduling Penalty Revenues.
4.  While PG&E may not owe EPMI the full $33.8 million, based on the ISO's assertions to FERC on March 20, 2001 that PG&E and SCE were responsible for most of the penalties, it is almost certain that PG&E's obligations constitute a large proportion of the amount.
5.  EPMI does not have enough information regarding PG&E's meter data to calculate with precision the amount of Underscheduling Penalty Revenues owing from PG&E.
6.  As of today, the ISO has not released information regarding PG&E's liability on this matter to EPMI.
7.  Because PG&E does have this information, it is appropriate for EPMI to submit a claim for $33.8 million and let PG&E---which has the necessary information---provide any evidence it has to show that it owes less than $33.8 millon.

(Richard may have a better suggestion about how to frame No. 7 above.)

I hope this helps.  I'll be back in the office Monday.  If you have any questions, I'm at (503) 464-7795.

Steve


---------------------- Forwarded by Richard Shapiro/NA/Enron on 07/10/2001
07:52 AM ---------------------------

"Foster, Gary" <GFoster@Antigenics.com> on 07/10/2001 07:38:17 AM
To: "Mark & Cozy Palmer (E-mail)" <mark.palmer@enron.com>, "Rick and Amy
Shapiro (E-mail)" <rshapiro@enron.com>
cc:

Subject: FW: where does our energy come from?

-----Original Message-----
From: Curt Pringle [mailto:Curt@curtpringle.com]
Sent: Monday, July 09, 2001 6:23 PM
Subject: where does our energy come from?

Assemblyman Bill Leonard's most recent e-newsletter contained the
following information.  I think it is very interesting to consider in
light of the present energy situation in California and the comments of
our present Governor.

Regards,
Curt

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

***Who Really Powers California?***
Governor Davis has made no secret that he believes that swashbuckling,
cattle rustling, energy barons from Texas are to blame for our energy
crisis.  While Texas power companies make for good bad guys in the
Governor's transparent Kabuki theater of blame, Leonard Letter readers
may
be interested to see who really provides power to Californians.  The
following list illustrates what percentage of our power supply each
group of
generators provides. (Editor's note: these percentages have been rounded
up
resulting in slightly more than 100%)

18%- Pacific Gas and Electric (California)
15%- Southern California Edison (California)
11%- Imported power from the Northwest (including Canada)
10%- Los Angeles Department of Water and Power (California)
10%- Imported power from the Southwest
7%- State and Federal Agencies
6%- AES power company
5%- Municipal Utilities and Irrigation Districts
5%- Reliant power company
4%- Duke power company
4%- Southern power company
4%- Dynegy power company
1%- Sacramento Municipal Utility District (California)
1%- Calpine power company
1%- San Diego Gas and Electric (California)

It should be noted that of this list, only Dynegy and Reliant are from
Texas.  These two companies represent a total of 9% of California's
energy
portfolio.  By comparison, Georgia-based Southern (Mirant), Virginia's
AES,
and North Carolina's Duke Energy, have a 14% share of our energy
portfolio.

This list does not focus on who is gaming the market.  However, every
provider listed benefited from skyrocketing energy prices.  In trying to
identify those power producers who used market power to ring up high
profits
on Californians, we should include ALL power producers in our
investigations.  State and federal agencies, independent power
companies,
utilities, municipal utilities, and even local irrigation districts
could
all be guilty of gouging consumers.  Davis's focusing on only those
companies from Texas does everyone in this state a disservice and is a
misrepresentation of fact.

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

Curt Pringle
Curt Pringle & Assoc.
2532 Dupont Drive
Irvine, CA 92612

(949) 474-4090
(949) 474-4082 fax


Instead of me, please send copies to Jim Steffes ECN  4716 C.

 -----Original Message-----
From: 	Grisaffi, Mary
Sent:	Wednesday, December 12, 2001 11:25 AM
To:	Black, Don; St. Clair, Carol
Subject:	FW: Bond Cancellation - EES/Enron Energy Marketing Corp/Enron Power Marketing

Jane has requested I send you copies of the Notices of Cancellation we have received from the Surety who issued the bonds.  Please verify you location and I will send them to you interoffice.  Thanks.

 -----Original Message-----
From: 	Wilhite, Jane
Sent:	Wednesday, December 12, 2001 8:55 AM
To:	Grisaffi, Mary
Cc:	Bradford, William S.
Subject:	RE: Bond Cancellation - EES/Enron Energy Marketing Corp/Enron Power Marketing

Mary,

Per our phone conversation, we do not plan on renewing any of the surety bonds that will be expiring.

If you have any questions or would like to discuss further please feel free to call.

Thank you,

Jane Wilhite
ext. 35063

 -----Original Message-----
From: 	Bradford, William S.
Sent:	Tuesday, December 11, 2001 4:06 PM
To:	Wilhite, Jane
Subject:	FW: Bond Cancellation - EES/Enron Energy Marketing Corp/Enron Power Marketing

 -----Original Message-----
From: 	Grisaffi, Mary
Sent:	Tuesday, December 11, 2001 9:54 AM
To:	Bradford, William S.
Cc:	Bouillion, James L.; Deffner, Joseph; Marshall, David
Subject:	Bond Cancellation - EES/Enron Energy Marketing Corp/Enron Power Marketing

I called Molly Harris, she said there wasnt any one left in her dept. and that you should be able to help with the bonds for these companies, if there is someone else I should be contact, please let me know.

Bill, attached is a list of bonds that our broker (John L. Wortham, LLP) received a notice of cancellation on from  Fireman's Fund and Safeco.   Please determine which obligations will be required in the future.  However our broker has offered assistance in establishing a replacement surety, but you may also want to investigate alternative form of acceptable security.

Please let me know if you need copies or if there is anything I can do to help.  Thanks.

 << File: EEMC cancelled bonds  12-11-01.xls >>

 << File: Grisaffi, Mary.vcf >>


Don:

I just attempted reaching you on the phone (left Vmail message) to schedule
our meeting as we've been discussing.  I look forward to hearing from you.
Thanks.

Chuck Kaniuka
Director-Sales
215-504-4288, ext. 217


Hello Speakers!
?
My name is Joanna Vidal and I am the coordinator  for the Financial
Mathematics Training course being in held on the following  dates:
?
London on June 28 & 29
New York on July 9 & 10
Houston on July 16 &  17?
?
I am in the process of preparing the speaker packs  which will include an
updated contact information sheet with?all your  details.? You will receive
this pack shortly after you confirm your  addresses.? I will list them below
and I ask that you please look it over  and make any necessary corrections.?
?
?My contact details, for your information  are:
?
Joanna Vidal
Events  Coordinator
Risk Waters Group
T: (212) 925 1864 ext. 197
F: (212) 925  7585
jvidal@riskwaters.com
www.riskwaters.com

?
Thank you and I look forward to working with  you.
?
Duane Seppi
Carnegie Mellon University
Graduate School of Industrial  Administrations
Pittsburgh, PA 15213-3890
T: 001 412-268-2298
F: 001 412-269-8896
?
Helyette Geman
Universite de Paris Dauphine
Finance Department au de ka Grand  Ecole
Corgy Pontois, Paris
France 95021
T: 00 33 60-807-4200
?
Vincent Kaminski
Enron Credit
1400 Smith Street
Room EB1962
Houston, TX 77002-7361
T: 001 713-853-3848
F: 001 713-646-2503
?
Peter Nance
Teknecon, Inc.
1515 S. Capital of Texas Highway
Suite 101
Austin, TX 78746
T: 001 512-732-7084
F: 001 512-732-7099
?
Chris Harris
Innogy Holdings Place
Windmill Hill Business Park
Whitehill Way
Swindon, Wiltshire
UK, 5N5 6PB
T: 44 793 387-7777
F: 44 793 389-7811
?
Spyros Maragos
Dynergy, Inc.
1000 Louisiana Street
Suite 5800
Houston, TX 77002
T: 011 713-507-6589
F: 001 713-767-5958
?
Ehud Ronn
University of Texas at Austin
Department of Finance
McCombs school of Business
Austin, TX 78712-1179
T: 001 512-471-5853
F: 001 512-471-5073
?
?
?


---------------------- Forwarded by Ina Rangel/HOU/ECT on 04/20/2001 10:05 AM
---------------------------
From: Amanda Huble/ENRON@enronXgate on 04/20/2001 10:03 AM
To: Airam Arteaga/ENRON@enronXgate, Kimberly Bates/HOU/ECT@ECT, Daniel
Quezada/Corp/Enron@Enron, Ina Rangel/HOU/ECT@ECT, Becky Young/NA/Enron@Enron,
Kimberly Hardy/Corp/Enron@ENRON, Jessica Presas/Corp/Enron@ENRON, Laura
Vuittonet/ENRON@enronXgate
cc:
Subject: Please forward this to your groups.

PIRA is coming in May to do their semi-annual energy outlook.

Greg Shuttlesworth- North American Natural Gas --- May 14th 3-5 pm (30 C1)
? New Production Outlook
? Price Direction
? Demand Fundamentals

Dr. Gary Ross - World Oil Outlook --- May 16th 7-8:30 am --32C2
? OIl/ Demand/ supply Outlook
? Regional balances
? OPEC Rhetoric

Jen Fraser
34759


Fixing the PG&E topock curve to Socal less .25 would only allocate more
positive income to the transport.  The position at topock is short.  I am not
sure if this is the problem from Friday.  Let's get together in the morning.
Thanks for the email.

Sincerely,
Mike


If you were wondering why Hebert, speaking at the meeting  said that he would
certainly be viewed as a Grinch, here is a transcript of a poem read on NPR
last week.  It is meant to be read with the same timing as Dr. Suess's
Grinch.  Thanks to Leslie Comnes (a California ratepayer whom I hold in high
regard) for transcribing:

The Whos and Who's Whos in the great Golden State
Love the Christmas light season, the lights are first rate.
They glitter, they sparkle all red, white, and blue-ish,
They impress even Whos who are ACLUish.
They dazzle the neighborhoods hour by hour,
'til someone says, "Shut them off! We're out of power."
Just who is the source of this Christmas light pinch?
Does the great Golden State have its very own Grinch?
Does the smog belching, grease guzzling junk TV creep
Take lights out of Christmas, so children will weep?
We'll catch and declaw him, it sounds rather simple,
Yet much more complex than a Florida dimple.
We'll trap him by leaving a late evening snack out,
Not that he'll see it at night in a blackout.
The Whos grasp at straws, "There's one man who can save us,"
And they hang their Who hopes on their governor, Davis.
"He'll light the state tree, and he'll keep it ablaze,
and the white fir will glow for the next 30 days!"
The Gov lights the tree, and he says with a scoff,
"30 days? 30 minutes! Now turn that thing off!"
But Davis a Grinch? That would be quite a climb,
His gig's raising money, it takes all his time.
"Who, then?" demand all the Whos and Who's Whos.
"Who cut the juice? Tell us now, we need clues!"
Well, now some blame the cold in the arctic Northwest,
But others say that power plants close for a rest.
Some say it's FERC, yet don't know what FERC means,
But they think that some FERC jerk messed with power machines.
Some blame El Nino, and some cite Cal-ISO [?],
But no one will rule out H. Ross Perot.
The blackouts are rolling out Stage 1, 2, and 3.
They're saying, "Cut power, de-sparkle your tree!"
Men walk on the moon and invent penicillin,
So wouldn't you think they could find us a villain?
The Whos and Who's Whos in the great Golden State
See Christmas light evenings start two hours late.
Is it too much to ask, just one culprit to lynch?
It's just so unfair that we can't find a Grinch!

--Dan Bernstein, Columnist, Press Enterprise, Riverside, CA