---------------------- Forwarded by Jeff Dasovich/SFO/EES on 09/13/2000 06:18
PM ---------------------------

"Julee Malinowski-Ball" <jmball@ns.net> on 09/13/2000 06:10:16 PM
Please respond to "Julee Malinowski-Ball" <jmball@ns.net>
To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson
(E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)"
<billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>,
"Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane
(E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)"
<dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)"
<emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com>,
"Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)"
<riobravogm@aol.com>, "Frank DeRosa (E-mail)"
<fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>,
"Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)"
<jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jim
Willey (E-mail)" <elliottsa@earthlink.net>, "Joe Greco (E-mail)"
<joe.greco@uaecorp.com>, "Joe Ronan (E-mail)" <joer@calpine.com>, "John Stout
(E-mail)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)"
<jweisgall@aol.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Kent Fickett
(E-mail)" <kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>,
"Marty McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos
(E-mail)" <paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)"
<rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)"
<rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>,
"Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)"
<smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "Trond
Aschehoug (E-mail)" <taschehoug@thermoecotek.com>, "William Hall (E-mail)"
<wfhall2@duke-energy.com>, "Richard Hyde (E-mail)" <rwhyde@duke-energy.com>,
"Sandi McCubbin (E-mail)" <smccubbi@ees.enron.com>, "Stephanie Newell
(E-mail)" <stephanie-newell@reliantenergy.com>, "Jeff Dasovich (E-mail)"
<jdasovic@enron.com>
cc: "Karen Edson" <kedson@ns.net>
Subject: Two Governor's Press Releases

GOVERNOR DAVIS PRESSES FERC FOR ACTION ON WHOLESALE POWER RATES: Calls on
Federal Regulators to Reduce Prices, Issue Refunds

GOVERNOR DAVIS NAMES KAHN CHAIR OF THE GOVERNOR'S CLEAN ENERGY GREEN TEAM

OFFICE OF THE GOVERNOR
----------------------------------------------------------------------------
----
PR00:238
FOR IMMEDIATE RELEASE
September 12, 2000

GOVERNOR DAVIS PRESSES FERC FOR ACTION ON WHOLESALE POWER RATES
Calls on Federal Regulators to Reduce Prices, Issue Refunds

SAN DIEGO - At a Federal Energy Regulatory Commission (FERC) hearing today
in San Diego, Governor Gray Davis reiterated his call to federal regulators
to intervene "to the fullest extent possible" to lower electricity prices in
California.

"FERC bears responsibility to ensure that a workably competitive market
exists before California consumers and California's economy are subjected to
unconstrained, market-based electricity prices," said Governor Davis in a
statement read by Energy Oversight Board Chairman Michael Kahn.
"Consequently, I renew my prior request that the Commission act with utmost
speed to intervene to the fullest extent possible to restore wholesale
prices to fair levels and to remedy harms that have resulted from the
exercise of market power."

Governor Davis noted that he and state lawmakers have taken dramatic action
in recent weeks to provide rate relief. "While these actions should provide
short-term rate predictability and longer-term benefits to customers in
terms of improved supplies, the fundamental problem of exorbitant wholesale
prices still exists and remains the responsibility of FERC to address," said
the governor. "No combination of state actions can substitute for federal
action to ameliorate the problems of California's wholesale markets."

Governor Davis has taken the following actions in reaction to rising
electricity prices in San Diego:

On June 14, he called for emergency reduction of electricity use by all
state facilities in the San Francisco Bay area in response to electricity
emergency and rolling blackouts.

On June 15, he called on chairpersons of the Public Utilities Commission
(PUC) to analyze the conditions that led to electricity shortages in the San
Francisco Bay area the previous day, including a statewide perspective on
the price and delivery of electricity. Report was completed, submitted to
the governor and released on August 2.

On July 27, 2000, Governor Davis called on federal and state regulators to
take swift action to extend the caps on wholesale electric rates in
California and provide San Diego ratepayers with million of dollars in
refunds.

In letters written by the governor to two state regulatory agencies and two
California-based panels charged with overseeing California's power market,
he called for a coordinated state effort to urge federal regulators to take
strong measures to reduce power rates in both the short- and long-term.

On August 2, 2000, Governor Davis issued three Executive Orders designed to
reduce energy consumption by state government and speed up the time it takes
new power generating facilities to win approval from state agencies.

On August 9, 2000, Governor Davis called on the Public Utilities Commission
(PUC) to establish a two-year plan that would cut electricity rates by
nearly half for residential and business customers of San Diego Gas &
Electric.

The governor also reached an agreement with the California Grocers
Association that will save enough electricity to provide power to between
50,000 and 60,000 homes during periods of peak demand, as grocers agreed to
reduce power consumption by 10 percent during Stage One emergencies.

On August 10, 2000, Governor Davis wrote a letter to President Clinton
urging him to expedite FERC's investigation to determine whether current
electric rates in San Diego were unjust.

On August 22, 2000, Governor Davis called on President Clinton to release
emergency funds from the Low-Income Home Energy Assistance Program (LIHEAP)
to the state to help low-income Californians pay their rapidly-rising
electricity bills.

On August 23, 2000, President Clinton responded to Governor Davis' request
by releasing $2.6 million in emergency funds to help low-income Southern
Californians cope with the surge in their electricity bills. The President
also asked federal regulators to speed up their investigation into the
operation of U.S. power markets and urged the Small Business Administration
to use its credit programs to help small firms hurt by the price increases.

On August 23, 2000, Governor Davis reached agreement with legislators on
legislation to provide relief to San Diego ratepayers. The governor signed
two bills into law on September 6, 2000.

Please see attached letter (below).

# # #

SEPTEMBER 12, 2000

STATEMENT OF GOVERNOR GRAY DAVIS

TO THE FEDERAL ENERGY REGULATORY COMMISSION CONCERNING ITS INVESTIGATION OF
WHOLESALE PRICE ESCALATION IN CALIFORNIA

The Summer of 2000 has confronted California with an electricity crisis that
seriously threatens the safety, health and well being of citizens and
businesses throughout the state. At the heart of the crisis is the
extraordinary run up in prices for wholesale electric energy and ancillary
services, accompanied by deteriorating service and reliability. In San
Diego, electric customers' bills have more than doubled this summer,
threatening permanent harm to businesses and the health and welfare of
residential customers in the warm southern climate. All remaining California
electric consumers are faced with similar prospects as their legislated rate
freeze periods come to an end. In San Francisco we saw rolling blackouts for
the first time in our history.

As soon as the dimensions of the crisis became evident, I directed
California regulators, including the Public Utilities Commission and the
Electricity Oversight Board, and the Independent System Operator, to take
immediate steps to identify and implement specific measures to mitigate the
damage, including restoring price caps at Summer 1999 levels. I am happy to
report that those measures have been adopted, although not without
considerable resistance from self-interested parties.

In recent weeks, I have worked with the California Legislature to enact
further relief within the existing framework of options now available to the
state. These include provisions to stabilize retail rates, expedite
generation licensing where possible, implement targeted demand reduction and
demand response and remove constraints in transmission and distribution
systems. I have also established a task force comprised of key state
officials which is developing measures to increase energy efficiency and
alternative supplies and to expedite permitting by state agencies.

While these actions should provide short-term rate predictability and
longer-term benefits to customers in terms of improved supplies, the
fundamental problem of exorbitant wholesale prices still exists and remains
the responsibility of the Federal Energy Regulatory Commission to address.
No combination of state actions can substitute for federal action to
ameliorate the problems in California's wholesale markets.

A joint report submitted to me on August 2nd by the Chairman of the
California Electricity Oversight Board and the President of the California
Public Utilities Commission concluded that exorbitant wholesale prices in
California result from wholesale market dysfunction and the exercise of
market power by sellers. Subsequent reports by the Market Analysis
Department and the Market Surveillance Committee of the California
Independent System Operator reach the same conclusions. Subsequent behavior
of wholesale electric prices during August confirms their conclusions, and
subjects California to further economic damage. While I remain hopeful that
California wholesale markets may ultimately become competitive and become
capable of serving the interests of consumers and the public, I cannot and
will not accept the liabilities to California that result from the current
situation for even a short period. I intend to take any and all steps
necessary to restore economic stability to the electric service
infrastructure of California.

FERC bears the responsibility under its organic act to assure just and
reasonable wholesale electric rates. FERC bears responsibility to ensure
that a workably competitive market exists before California consumers and
California's economy are subjected to unconstrained, market-based
electricity prices. Consequently, I renew my prior request that the
Commission act with utmost speed to intervene to the fullest extent possible
to restore wholesale prices to fair levels and to remedy harms that have
resulted from the exercise of market power.

###

OFFICE OF THE GOVERNOR
----------------------------------------------------------------------------
----
A00:245
FOR IMMEDIATE RELEASE
September 12, 2000

GOVERNOR DAVIS NAMES KAHN CHAIR OF THE GOVERNOR'S CLEAN ENERGY GREEN TEAM
SACRAMENTO - Governor Gray Davis today announced the appointment of Michael
A. Kahn as chairman of the newly-created Governor's Clean Energy Green Team.
The Team was created by Governor Davis' signing of AB 970 by Assemblywoman
Denise Moreno Ducheny (D-San Diego) on Wednesday.

Mr. Kahn, 51, of San Francisco, is the chairman of the California
Electricity Oversight Board, and he also serves as vice-chair of the
California Commission on Judicial Performance. He has been senior partner
and head of litigation at Folger Levin & Kahn LLP since 1979. Mr. Kahn has
held numerous state and federal government appointments and assignments over
the last 15 years.

Mr. Kahn is the author of several articles and reports on litigation
practice and Supreme Court history. He is a magna cum laude, Phi Beta Kappa
graduate of the University of California, Los Angeles. Mr. Kahn also earned
master of arts and juris doctorate degrees from Stanford University, where
he was an editor of the Law Review. After graduation, he served for a year
as a law clerk to Judge Ben C. Duniway of the Ninth Circuit Court of Appeals
in San Francisco.

The signing of AB 970 established the Governor's Clean Energy Green Team,
which works to streamline the process of creating new power plants to ensure
that an adequate supply of power will exist to make a deregulated
marketplace work. The Team does this by working with local governments,
identifying environmental impacts, developing recommendations for low
interest financing programs for renewable energy and obtaining input on
natural gas supply, emission offsets and water supply.

Members do not receive a salary. This position does not require Senate
confirmation.

# # #

Julee Malinowski-Ball
Edson + Modisette
Associate
925 L Street Suite 1490
Sacramento CA 95814
916-552-7070
FAX-552-7075
jmball@ns.net


Thanks.  I'm in DC (actually, Richmond VA) with Nancy Wodka working on a
PPA.  I haven't opened the attachment yet due to the length of time it takes
over this connection, and the late hour.

You may have addressed this in your email, but as I recall you were going to
work on a summary of the restricted activities, as a foundation for the
document anticipated by the LLC agreement.  Any luck with that?

I'll be in touch shortly.  Thanks for keeping track.

Kay


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

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SBAILE2>
To: Browning, Mary Nell </O=ENRON/OU=NA/CN=RECIPIENTS/CN=EU/cn=Recipients/cn=MBrownin>, Murphy, Ted </O=ENRON/OU=NA/CN=RECIPIENTS/CN=EU/cn=Recipients/cn=tmurph1>
CC: Shackleton, Sara </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sshackl>
Date: Tuesday, February 12, 2002 9:14:06 GMT
Subject:

Mary Nell  & Ted,

As mentioned in my earlier email --attached is the Master Log for: (a)  EFET/EEFTL, and (c) Enron Credit Limited/Enron Credit Inc.:

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


You need to be aware that we are in the process of selling the Wind Co.  Mark
Metts and Amit Walya are working on this.  If the price changes under the QF
contracts it would impact the sale.  Call Amit to discuss (345-5570).

	Jeff Dasovich
	Sent by: Jeff Dasovich
	01/21/2001 10:23 AM

		 To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Christopher F Calger/PDX/ECT@ECT, Craig H
Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES,
Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES, Dorothy
Youngblood/HOU/ECT@ECT, Douglas Huth/HOU/EES@EES, Edward
Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES, Erika Dupre/HOU/EES@EES,
Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES, Frank W
Vickers/HOU/ECT@ECT, Gayle W Muench/HOU/EES@EES, Ginger
Dernehl/NA/Enron@ENRON, Gordon Savage/HOU/EES@EES, Harold G
Buchanan/HOU/EES@EES, Harry Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES,
James D Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James
Wright/Western Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES,
Jeremy Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Kathy
Bass/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin
Hughes/HOU/EES@EES, Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES,
Mark S Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, Mike M Smith/HOU/EES@EES,
mpalmer@enron.com, Neil Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul
Kaufman/PDX/ECT@ECT, Paula Warren/HOU/EES@EES, Richard L
Zdunkewicz/HOU/EES@EES, Richard Leibert/HOU/EES@EES, Richard
Shapiro/NA/Enron@ENRON, Rita Hennessy/NA/Enron@ENRON, Robert
Badeer/HOU/ECT@ECT, Roger Yang/SFO/EES@EES, Rosalinda Tijerina/HOU/EES@EES,
Sandra McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Sharon Dick/HOU/EES@EES,
skean@enron.com, Susan J Mara/NA/Enron@ENRON, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, fvickers@enron.com,
Michael Etringer/HOU/ECT@ECT
		 cc:
		 Subject: IMPORTANT CONFERENCE CALL ON QF/SRAC MATTERS SCHEDULED FOR 12:30
P.M. (NOONISH) ON SUNDAY, JAN.  21

----- Forwarded by Jeff Dasovich/NA/Enron on 01/21/2001 10:21 AM -----

	"Steven Kelly" <steven@iepa.com>
	01/21/2001 05:42 AM
	Please respond to "Steven Kelly"

		 To: "Wayne Kawamoto" <wkawamoto@wm.com>, "Ward Scobee"
<wscobee@caithnessenergy.com>, "Tony Wetzel" <twetzel@thermoecotek.com>,
"Thomas Heller" <hellertj@apci.com>, "Ted Cortopassi"
<TCortopassi@ogden-energy.com>, "Steve Ponder" <steve_ponder@fpl.com>, "Steve
Iliff" <siliff@riobravo-gm.com>, "Ross Ain" <ain@worldnet.att.net>, "Robert
Frees" <freesrj@apci.com>, "Rich Dyer" <Rich_dyer@ogden-energy.com>, "Pete
Levitt" <Pete@calwind.com>, "Paula Soos" <paula_soos@ogden-energy.com>, "Paul
Wood" <paul_wood@ogden-energy.com>, "Nam Nguyen" <nam.nguyen@powersrc.com>,
"Milt Schultz" <bfpjv@c-zone.net>, "Marty McFadden"
<marty_mcfadden@ogden-energy.com>, "Lucian Fox"
<lucian_fox@ogden-energy.com>, "Ken Salvagno" <kbssac@aol.com>, "Ken Hoffman"
<khoffman@caithnessenergy.com>, "Jonathan Weisgall" <jweisgall@aol.com>, "Joe
Ronan" <joer@calpine.com>, "Joe Greco" <joe.greco@uaecorp.com>, "Jack Pigott"
<jackp@calpine.com>, "Hap Boyd" <hap.boyd@enron.com>, "Frank Misseldine"
<fmisseldine@caithnessenergy.com>, "Ed Tomeo" <ed.tomeo@uaecorp.com>, "Ed
Maddox" <emaddox@seawestwindpower.com>, "Duane Nelsen"
<dnelsen@gwfpower.com>, "Doug Levitt" <SDL@calwind.com>, "Doug Fernley"
<fernley.doug@epenergy.com>, "Dean Gosselin" <dean_gosselin@fpl.com>, "Bob
Escalante" <rescalante@riobravo-gm.com>, "Bob Ellery" <bellery@spi-ind.com>,
"Bill Woods" <billw@calpine.com>, "Bill Carlson" <wcarlson@wm.com>, "Bill
Adams" <sangorgon@aol.com>, "Alex Sugaoka" <Alex.sugaoka@uaecorp.com>, "Tom
Hartman" <Tom.Hartman@fpl.com>, "Eric Edstrom" <edstrome@epenergy.com>,
"Scott Frier" <sfrier@kjcsolar.com>, "William Hall"
<wfhall2@duke-energy.com>, "Susan J Mara" <Susan_J_Mara@enron.com>, "Scott
Noll" <snoll@thermoecotek.com>, "Roger Pelote" <roger.pelote@williams.com>,
"Rob Lamkin" <rllamkin@seiworldwide.com>, "Randy Hickok"
<rjhickok@duke-energy.com>, "Lynn Lednicky" <lale@dynegy.com>, "Kent Fickett"
<kfickett@usgen.com>, "Kate Castillo" <ccastillo@riobravo-gm.com>, "Jim
Willey" <elliottsa@earthlink.net>, "Jeff Dasovich" <jdasovic@enron.com>,
"Greg Blue" <gtbl@dynegy.com>, "Frank DeRosa" <frank.derosa@gen.pge.com>,
"Eric Eisenman" <eric.eisenman@neg.pge.com>, "Eileen Koch"
<eileenk@calpine.com>, "Dave Parquet" <dparque@ect.enron.com>, "Curtis
Kebler" <curtis_l_kebler@reliantenergy.com>, "Curt Hatton"
<curt.hatton@gen.pge.com>, "Cody Carter" <cody.carter@williams.com>, "Carolyn
Baker" <cabaker@duke-energy.com>
		 cc: "Jan Smutny-Jones" <smutny@iepa.com>, "Katie Kaplan" <kaplan@iepa.com>,
"Carol Hudson" <Chudson@iepa.com>, "Steven Kelly" <steven@iepa.com>, "Andy
Brown" <abb@eslawfirm.com>, "Doug Kerner" <dkk@eslawfirm.com>, "Diane
Fellman" <difellman@energy-law-group.com>
		 Subject: IMPORTANT CONFERENCE CALL ON QF/SRAC MATTERS SCHEDULED FOR 12:30
P.M. (NOONISH) ON SUNDAY, JAN.  21

An important conference call is scheduled for 12:30 p.m. (PST) on Sunday,
Today, Jan 21 to discuss the status of legislative meetings on QF/SRAC
matters.

Call-In number is            888-422-7124
Particpant Code is          111756

Status Report
After a marathon 12 hour meeting with Assemplyman Keeley, Senator Battin, QF
Parties, and SCE, a Keeley sponsored "deal" was proposed at 3:30 a.m. this
morning.  The crux of the deal is as follows:

For renewables and non-gas fired QF, essentially ...

7.8 cents/kwh for delivered power for 5 years ["all in", i.e. includes
capacity and energy]
1.0 on losses
no 'clawback' for wind resources which may have failed to meet fixed capacity
obligations in the past
Applies "going forward" (presumedly Feb. 1)

For gas-fired QFs...

7.8 cents/kwh for five years, assuming gas is $5.60;  payment will
increase/decrease tied to gas  (this assumes an IER of 9821)
1.0 on line losses
applies "going forward"
Caacity True-up and "forbearance" were not addressed.  Credit worthiness will
be address in the technical conference scheduled for later today (Sunday).
This program will require in part legislative blessing and direction,
followed by CPUC approval of individual contract amendments.  This is
essentially the PG&E/QF "deal" for the gas guys.  For the renewables, it is
more of a fixed payment approach.

A "Technical Conference" is scheduled for Sunday (today) in Sacramento to
work out some of the implementing details.


Redraft (confirm):

	Late on October 25th, we received information about a possible threat to the Enron Center.  We are in communication with law enforcement authorities who have informed us that the threat is not specific and is unsubstantiated.  Nonetheless we take all threats seriously and have increased the security presence at the Enron Center still further.  In addition, today's Big E Cafe event has been cancelled.

	Once again, if you observe suspicious behavior, please call security at 3-6200.

 -----Original Message-----
From: 	Ewald, Laura
Sent:	Thursday, October 25, 2001 7:52 PM
To:	Brindle, John; Kean, Steven J.; Palmer, Mark A. (PR)
Subject:	message to go out re: increased security

whaddya think???

To:  All Houston Employees
From:  Corporate Security
Subject:  Increased Security at Enron Centers

	Late on 25 October, we received information about a possible threat to the Enron Building.  We are in touch with local law enforcement authorities who have informed us that this threat remains unsubstantiated.   Nonetheless, we take all threats seriously as the security of our employees and facitlites is paramount.  Therefore, we have increased the security posture at the Enron Centers, including an increased HPD presence.

	We will keep all employees apprised of any new developments as they occur.


Tom Engel (Sitara) has moved the big Entex ticket (#117413) for July 2000
forward to deal #292249.  This should help some with amount of time it takes
to update and bridge back this deal.  He is adjusting the swap tickets also.
You should probably double check these to make sure everything looks ok.

The programmers are also trying to find ways to further decrease the time
involved in updating the deal.

D


Greg,

Please follow the link below to the Gas Fundamentals Website.

http://fundamentals.corp.enron.com/main.asp

If you are prompted for a username and password, please use your Network ID
and password.  I had to add you to the security group for full access, so it
may take a coulple of hours before you can view the secure content.  Please
let me know if you have any questions or need additional information.

Chris x35785


Sevil,

Yes, please, go ahead. We shall pay for the trip.

Vince

Sevil Yaman@ENRON
10/24/2000 02:24 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Electricity Summit at U.C. Berkeley

Vince,

I just received this message. What do you think? Should I register to attend
it?

Sevil,

---------------------- Forwarded by Sevil Yaman/Corp/Enron on 10/24/2000
02:20 PM ---------------------------

pwpens <pwpens@socrates.Berkeley.EDU> on 10/24/2000 12:16:14 PM
To: (Recipient list suppressed)
cc:

Subject: Electricity Summit at U.C. Berkeley

Register now to attend the

          ELECTRICITY SUMMIT AT U.C. BERKELEY, NOVEMBER 13, 2000

U.C. Berkeley's Goldman School of Public Policy, with additional support
from the U.C. Berkeley's Competition Policy Center and the U.C. Energy
Institute, will host a meeting of industry representatives, policy makers,
consumers representatives, legislators and researchers to discuss the
electricity restructuring experience and potential solutions to the
difficulties that California and other governments have encountered.  The
summit will run from 12:30-6pm with two roundtable discussions that will
include a wide variety of viewpoints.

For registration information and further details, go to
  http://gspp.berkeley.edu/events/electricity_summit_conference.htm


Gentlemen,

Any progress on the summary?

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/04/2000 09:21
AM ---------------------------

	Enron North America Corp.

	From:  Kay Mann                           07/19/2000 11:00 PM

To: "David Tucker" <dtucker@bracepatt.com>
cc: <kay.mann@enron.com>, <cdade@bracepatt.com>

Subject: Re: Impending deadlines

Thanks.  I'm in DC (actually, Richmond VA) with Nancy Wodka working on a
PPA.  I haven't opened the attachment yet due to the length of time it takes
over this connection, and the late hour.

You may have addressed this in your email, but as I recall you were going to
work on a summary of the restricted activities, as a foundation for the
document anticipated by the LLC agreement.  Any luck with that?

I'll be in touch shortly.  Thanks for keeping track.

Kay


?

?

-----Original Message-----
From: Mary Pate [mailto:mgpate@arn.net]
Sent: Wednesday, November 29, 2000 9:35 PM
To: Wilson Pate; Robert Johnson; Graham Pate; Paige Pate; Gene Graham;
Suzanne Mauze; Cissy Bankhead; Jim Bankhead; Margaret Herring; Sally Kritser;
Barbara Harkins; Carolyn Garner; Sandra Gilliland; Mary Nell Lemert;
TXKarebear@AOL.com; kenna dubose; Patty Christian; D'Layne Peeples;
Murray/Jeri Gossett
Subject: Fw: NASA and the Bible

?

?

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ie 5.")!=-1))scr.write(); // -->
----- Original Message -----

From:Robert Johnson

To:'Wilson (Home)' ; 'Mary Pate' ; 'mary pate'

Sent:Wednesday, November 29, 2000 1:10 PM

Subject:FW: NASA and the Bible

?

?

-----Original Message-----
From: Doug Jackson [mailto:djackson@jacksonproperty.com]
Sent: Tuesday, November 28, 2000 9:40 PM
To: Jeannie Dunston; Nita Vaughn; Jim Swafford; Vicki Rusche; Marivel
Robinson; Cheryl Ann Raffanti; North Hills Place; Cyndi Pitman; John W.
Lyon; Mark E. Lyon; Morris Lloyd; Gayland Laing; Robert Johnson; Stefani
Jackson; Sean D. Jackson; Pat Ivie; Francis Hung; Laura Hudler; William
Hills; Dave Garber; Thomas J. Freytag; Steve Elken; Lohren Edney; John
W. Demars; Isibelle DeBaun; Suzanne Cunningham; Jim Brown; Ken Braddy;
Eva Aromi; Toni Anderson
Subject: NASA and the Bible

?For all the scientists out there and for all the students who have a hard
time convincing these people regarding the truth of the Bible...here's
?something that
?shows God's awesome creation and shows that He is still in control. Did
you
? know that the space program is busy proving that what has been called
"myth" in the Bible is true?

?Mr. Harold Hill, President of the Curtis Engine Company in Baltimore
Maryland and a consultant in the space Program relates the following
development.
?"I? think one of the most amazing things that God has for us today
happened recently to our astronauts and space scientists at Greenbelt,
Maryland.
They were checking the position of the sun, moon, and planets out in space
where they would be 100 years and 1000 years from now.? We have to know this
so we won't send a satellite, up and have it bump into something later on in
its orbits. We have to lay out the orbits in terms of the life of the
satellite, and where
the planets will be so the whole thing will not bog down.

They ran the computer measurement back and forth over the centuries and it
?came to a halt. The computer stopped and put up a red signal, which meant
?that there was something wrong either with the information fed into it or
with the results as compared to the standards.

?They called in the service department to check it out and they said,"What's
wrong?" Well, they found there is a day missing in space in elapsed time.
They
?scratched their heads and tore their hair. There was no answer.

?Finally, a Christian man on the team said, "You know, one time I was in
?Sunday School and they talked about the sun standing still."
?While they didn't believe him, they didn't have an answer either, so they
?said, "Show us." He got a Bible and went back to the book of Joshua where
?they found a pretty ridiculous statement for any one with "common sense."
?There they found the Lord saying to Joshua, "Fear them not, I have
delivered
them into thy hand; there shall not a man of them stand before thee."
?Joshua was concerned because he was surrounded by the enemy and if
darkness fell they would overpower them. So Joshua asked the Lord to make
the
sun
?stand still! That's right-"The sun stood still and the moon stayed and
hasted not to go down about a whole day!"?? (Joshua 10:12-13)

The astronauts and scientists said, "There is the missing day!"? They
checked
the computers going back into the time it was written and found it was close
but not close enough. The elapsed time that was missing back in Joshua's day
was
23 hours and 20 minutes-not a whole day.

?They read the Bible and there it was "about (approximately) a day." These
?little words in the Bible are important, but they were still in trouble
because if you cannot account for 40 minutes you'll still be in trouble
1,000
years from now.
Forty? minutes had to be found because it can be multiplied many times over
in orbits.

?As the Christian employee thought about it, he remembered somewhere in the
?Bible where it said the sun went BACKWARDS. The scientists told him he was
?out of his mind, but they got out the Book and read these words in 2 Kings
?that told of the following story: Hezekiah, on his deathbed, was visited
by the prophet Isaiah who told him that he was not going to die. Hezekiah
asked for a sign as proof.

?Isaiah said "Do you want the sun to go ahead 10 degrees?"

Hezekiah said "It is nothing for the sun to go ahead 10 degrees, but let
the shadow return backward 10 degrees."

Isaiah spoke to the Lord and the Lord brought the shadow ten
degreesBACKWARD!

Ten degrees is exactly 40 minutes! Twenty-three hours and 20 minutes in
?Joshua, plus 40 minutes in Second Kings make the missing day in the
universe!

?Isn't it amazing?

?References: Joshua 10:8 and 12, 13 and 2 Kings 20:9-11.

?Forward this to as many people who you believe would think this is equally
as cool.

?Never be afraid to try something new.? Remember, amateurs built the ark.
?Professionals built the Titanic.

?

?Have a great day!

"WorldSecure <firstsw.com>" made the following
annotations on 11/29/00 13:10:01
------------------------------------------------------------------------------

[INFO] -- Content Manager:
First Southwest Company is not responsible for any recommendation,
solicitation, offer or agreement or any information about any transactions,
customer account or account activity contained in this communication.

==============================================================================


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Susan:  Please let me know what happened with this.  Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 12/11/2000 09:22 AM -----

	John Malowney
	12/07/2000 12:53 PM

		 To: Tracy Ngo/PDX/ECT@ECT
		 cc: Wendy Conwell/NA/Enron@ENRON, Edward Sacks/Corp/Enron@Enron, Dave
Fuller/PDX/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT
		 Subject: Re: Oregon Steel Mills (OSM)

OSM just called requesting we present them with a contract today, any chance
of making this happen ??

Tracy Ngo
12/07/2000 08:05 AM
To: Wendy Conwell/NA/Enron@ENRON
cc: Edward Sacks/Corp/Enron@Enron, John Malowney/HOU/ECT@ECT, Dave
Fuller/PDX/ECT@ECT
Subject: Oregon Steel Mills (OSM)

Wendy,

Please run the due diligence on Oregon Steel Mills.  We're looking at
presenting them both a financial and physical gas contract.  Once you've had
a chance to propose some credit terms, let's discuss.

Thanks,
Tracy

---------------------- Forwarded by Tracy Ngo/PDX/ECT on 12/07/2000 08:09 AM
---------------------------

John Malowney
12/04/2000 03:44 PM
To: Tracy Ngo/PDX/ECT@ECT, Shari Stack/HOU/ECT@ECT
cc:

Subject: Oregon Steel Mills (OSM)

We met with OSM and have another meeting scheduled for tomorrow to discuss
proposed structures hopefully to be followed by specific pricing.  We're
talking average monthly volumes of 7,300-7,500 MMBTU for approximately 6-8
months at a price around $10/MMBTU.  I'm sending you this as a "reminder", as
if and when we're able to agree upon pricing and a proposed structure we'll
need to "paper" it by weeks end.  At this time we could be going either
physically or financially.  Thanks,  John


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Richard
Do you have a name in Enron that would know if Enron has spare LM 6000's.
Jim


I don't think you would really want to be here right now anyway.  Not the best environment - besides - you hate Houston, right?  Have you gotten any other leads?

-----Original Message-----
From: Andrew Hescock [mailto:andrewhescock@hotmail.com]
Sent: Monday, October 22, 2001 11:56 AM
To: Kuykendall, Tori
Subject: Re: FW: erin pics

thanks for the pics,

your doucheboy H.R. guy evaporated like a fart in the wind.  he must have realized how underqualified i am.

>From: "Kuykendall, Tori"
>To: "andrew" , "Cathy Morse" , "haylee" , "john perdew" , "monique" , "robert hawkins" , "scotty" , "tomandjess"
>Subject: FW: erin pics
>Date: Mon, 22 Oct 2001 07:56:13 -0500
>
>
>
>-----Original Message-----
>From: Patrick Kuykendall [mailto:patrick_kuykendall@hotmail.com]
>Sent: Sunday, October 21, 2001 8:59 PM
>To: Kuykendall, Tori
>Subject: erin pics
>
>
>updated pics of erin for your enjoyment
>
>_________________________________________________________________
>Get your FREE download of MSN Explorer at
>http://explorer.msn.com/intl.asp
>
>
>**********************************************************************
>This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
>**********************************************************************
><< erinandbear.jpg >>
><< erin3month.jpg >>
><< erinreading.jpg >>

  _____

Get your FREE download of MSN Explorer at http://explorer.msn.com <http://go.msn.com/bql/hmtag_itl_EN.asp>


Thanks for the reminder!  Would you please verify with Sheila Glover that
Tuesday works for her and how many people will be attending?  Then, we need
to add Sam, Stephanie, Cheryl and me.  SS

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

	Kaye Ellis
	02/02/2001 11:30 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Meeting from 12 noon - 2 pm on Tuesday

Sara,

Am I supposed to be ordering lunch for your meeting on Tues?

Kaye


Vince- Kristin mentioned that you might be interested in receiving our daily
updates on the California situation.  Hope that you are doing well and let us
know if you require any additional information.

RJ
---------------------- Forwarded by Robert Johnston/HOU/ECT on 01/16/2001
08:08 AM ---------------------------

Robert Johnston
01/15/2001 09:10 PM
To: Michelle D Cisneros/HOU/ECT@ECT
cc: Gary Hickerson/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Jaime Gualy/NA/Enron@Enron, John Greene/LON/ECT@ECT,
Jeff Kinneman/HOU/ECT@ECT, Kristin Walsh/HOU/ECT@ECT, Scott
Tholan/Corp/Enron@Enron
Subject: California Power 1/15/01

As talks continued toward the Tuesday deadline markets have been focused on
for the California electricity crisis, state officials around Governor Gray
Davis have
  toughened up their rhetoric on a couple of fronts even as they confirmed
they would be in the market as early as Tuesday taking bids for energy to be
paid by the
  State of California. One problem on that front is still how much producers
want to charge the state for electricity. As we reported last week, Davis and
his aides
  want to pay around $50 to $55 dollars per megawatt hour and suppliers want
about $75. Treasury Secretary Summers has suggested an auction as the best
way to
  determine the price, but California officials are taking a less free market
approach and still hope to set the price through negotiation over long-term
contracts.

Our sources in Washington, Sacramento, and California are increasingly of the
view that Governor Davis is positioning his government to establish long-term
power contracts with the generators that could be passed through to the
utilities following a bankruptcy in the near term.  This week's legislative
activities
in Sacramento will create the vehicle to do so.   State credit backing
purchases of power would obviate the need for super-priority borrowing to
finance power
purchases after utility bankruptcy.

1. Audit- Untangling Utility Relationships

California officials have also toughened their rhetoric on the debt repayment
front as they say results from a preliminary audit show that
half of the $9 to $12 billion  the utilities say they owe is actually owed to
themselves for power they bought from their corporate relations

This strange situation is due to the fact that one holding company owns both
the power-generating and power-distributing companies under a
holding company umbrella. Of course, that means that some of the power PG&E
and Southern California Edison bought at highly inflated prices
was bought from themselves.

  But it was not all bad news in the tense negotiations. Sources confirm that
Davis increasingly understood that the state finance role was a crucial part
of any
potential solution. He told our sources this afternoon that he is willing to
use state credit to eliminate the "risky debt" premium that PG&E
and SCE are being charged by suppliers because of their shaky finances and
that he is willing to extend the current 10% rate increase
 utility customers are paying far beyond the initial 90-day deadline. In
return he is demanding that the companies prepare to "share the
burden of debt reduction in return for state help and credit extension."

2. Debt Restructuring- Guarantees, but No Direct State Money

 Davis also told the videoconference that he believes the $12 billion in back
debt owed by the utility companies can be cleared up
during a 90-day forbearance period (whether that period has been agreed to by
all creditors is not something we are clear about right now). Davis' idea, as
he laid it out in the meeting, is to use the forbearance period to securitize
the debts and sell them against the utilities' forward rate base or by
establishing a
medium-term repayment plan backed by continued state guarantees.

 In both cases the restructured debt would be resolved over a decade without
direct use of taxpayer money as the utilities use their positive margins to
paydown their debt. One of the reasons Davis wants to stay close to the
$50-$55 megawatt charge is that it maximizes the rate at which utilities can
pay
down this debt. There is a strong chance that Davis will agree to use state
guarantees to sweeten the pot at the end of these negotiations, but he remains
opposed to using direct state money. This frustrates both Clinton
administration and utility creditors, but Davis has not yet shown much
flexibility.

3. Eminent Domain/Reregulation

  Perhaps most frustrating to the Washington DC free market crowd at Treasury
and the White House was the continued comfort Davis and his group of political
  advisers have with "non-market" solutions to the energy crisis. Although
the Governor's aides actually believe the weapon is more a "way to force
eventual
  agreement, than an actual solution," the talk returns frequently to these
non-market mechanisms. "We have the ultimate weapon to enforce compliance by
the
  Tuesday deadline. If we make no progress. If this thing looks like it will
turn into a genuine crisis, then we will use our powers of condemnation and
we will re-take
  the plants and equipment and run them ourselves," a close political aide to
Davis said. "We will absorb the plants, the transmission lines and the
reserved parking
  places of the executives. The legislature would agree in a second."


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-Letter1-28-02.pdf


FYI - our phone call

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 01/31/2001 01:21 PM -----

	Samantha Boyd@ENRON
	01/29/2001 04:59 PM

		 To: dooleys@coned.com
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: Sylvia at Con Edison

Per Sara Shackleton's previous e-mail, attached for your review is Enron
North America Corp.'s form of guaranty with most of your requested changes
(the "ENA Guaranty") and a comparison of your guaranty markup against the ENA
Guaranty.

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com


I got this from elizabeth.  IF you really want to change the date let me
know, it is scheduled for next Friday.  When the move occurs, we can take the
PC on palmer's new desk and move it to mick's old desk.  I will move that.
PL
---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/06/2001
09:44 AM ---------------------------

	From:  Elizabeth Soto                           02/06/2001 09:34 AM

To: Move-Team/EPSC/HOU/ECT@ECT
cc: Phillip M Love/HOU/ECT@ECT
Subject: Churn for M. Walters and S. Palmer


Will you follow up with this guy?  Great seminar.  I enjoyed your talk.  SS

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: City of Palo Alto

Hey Sara -
I think we might be doing a survey (I am not sure).  I ahve been telling
select cities that Merced irrigation has signed a ISDA.

Stewart

Sara Shackleton
05/20/99 08:54 AM
To: Stewart Rosman/HOU/ECT@ECT
cc:
Subject: City of Palo Alto

Tom Kabat, Senior Resource Planner, Resource Management Division for the City
of Palo Alto, Utilities Department, gave me his card yesterday and said he
wanted to get an ISDA started for future trading.  He asked if we had ISDA's
with any other cities, that is, it might make his job easier.  Are you guys
sending follow-up letters to the attendees?  SS

Phone:  650/329-2659

Fax:  650/326-1507


One change:

Couterparty's name is:

Barep Alize-Euro Fund

To: Susan Bailey/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron
cc: Diane Anderson/NA/Enron@Enron

Subject: Baret Alize-Euro Fund

Please prepare a deemed ISDA for this transaction.  No credit language wil be
required as ENA sold an option with the premium paid upfront.  Please let me
know if you have any questions.

Thanks,
Tanya


Steve:

Would it be possible for you to participate by phone?

Jeff

	Steve Van Hooser
	10/31/2000 10:35 AM

		 To: Barbara Gray, Jeffrey T Hodge/HOU/ECT@ECT
		 cc:
		 Subject: East & Upstream Origination/Gas Trading - QLR Scheduled for 11/8/00

There will be a Rockhouse (LINED ROCK CAVERN) meeting on  November 20 & 21in
New York City.   I would appreciate your feedback on whether I should ask
Janette to try and find another time.

Steve
----- Forwarded by Steve Van Hooser/HOU/ECT on 10/31/2000 10:32 AM -----

	Janette Elbertson
	10/31/2000 09:58 AM

		 To: Barbara N Gray/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Shonnie
Daniel/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT
		 cc:
		 Subject: East & Upstream Origination/Gas Trading - QLR Scheduled for 11/8/00

The Quarterly Legal Review for East & Upstream Origination/Gas needs to be
rescheduled to another day and time.  Please let me know if Tuesday, November
21, from 2:00 to 4:00 p.m. works with your calendars.  Many thanks.

Janette Elbertson
Enron North America Corp.
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com


Below is a copy of the Order lifting the $250/Mwh hard price cap for
California ISO/PX.
FERC has also posted a notice of a  Dec. 15 special mtg. re the investigation
into the California market last summer.
Various Enron units continue to receive informal data requests from FERC
staff regarding current California gas/electric
Steve Kean has asked that all inquiries be coordinated through Sarah Novosel
in the DC office.
Leslie Lawner is preparing Enron's response to the SDG&E emergency petition
to put a cap on gas sales.

              COMMISSION MOVES TO BRING RELIEF TO CALIFORNIA
                            ELECTRICITY MARKETS

          In response to emergency conditions that exist in the
     California electricity markets, which have faced supply shortages
     and snowballing prices, the Federal Energy Regulatory Commission
     today approved a price cap change requested by the California
     Independent System Operator (ISO).   The Commission also took
     steps to permit qualifying facilities (QFs) to operate at full
     capacity.

          The ISO's purchase price cap of $250/Mwh will be lifted.
     Bids above that amount will be allowed but will not set the
     clearing price paid to all sellers, as does the current purchase
     price cap.  This should attract more bids and alleviate chronic
     supply shortages.

          Those bidding above $250 will be required to report their
     bids to the Commission on a weekly basis and provide certain cost
     information.

          The non-profit ISO and PX began operations in California in
     1998.  The PX is the scheduling coordinator for the IOUs as well
     as other market participants.   The ISO operates and controls
     most of the transmission system in California.

          In addition to the $250 purchase price cap, the Commission
     also authorized the ISO to penalize participating generators that
     refuse to operate in response to an ISO request in an emergency.
     They will be charged an amount equal to twice the highest price
     the ISO paid for energy for each hour in which the participating
     generator failed to respond.

          The ISO's costs of obtaining energy through bids above the
     purchase price cap or through out-of-market dispatches will be
     assigned to scheduling coordinators who depend too much on spot
     markets.

          The Commission's second order enables QF entities to
     generate at full capacity which in the past could have caused
     them to lose QF status.  QF generators are small power producers
     that use alternative fuels, such as solar or biomass, and
     cogenerators that produce both electricity and steam for
     commercial use.

          The order on QF entities was in response to a request from a
     California QF.

          The orders are effective immediately.

          To view the Commission orders in full go to "What's New" at
     www.ferc.fed.us.

     R-00-82                                                     (30)


judy.townsend@enron.com, To unsubscribe send a blank mailto:leave-enerfaxtext-14816594U@relay.netatlantic.com

Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
              Tuesday, January 29 2002 No. 922
Visit: http://www.enerfax.com to view our web version or for Oil Prices &
News http://www.enerfaxgold.com

PHYSICAL NATURAL GAS PRICES
Gulf/Eastern Region
| Agua Dulce              | 1.91  |
| ANR SE                  | 1.98  |
| Carthage TG             | 1.96  |
| Chicago Citygate        | 2.04  |
| Columbia Gulf Onshore   | 2.00  |
| Dominion South Point    | 2.10  |
| Henry Hub               | 2.02  |
| Houston Ship Channel    | 2.02  |
| Katy Hub                | 1.96  |
| NGPL LA Pool            | 1.95  |
| NGPL - Midcontinent     | 1.92  |
| NGPL STX                | 1.93  |
| NGPL TX/OK              | 1.94  |
| NNG Demarc.             | 2.02  |
| Niagara                 | 2.19  |
| Sonat Tier 1            | 1.99  |
| TCO IPP Pool            | 2.11  |
| Tetco ELa               | 1.99  |
| Tetco M-3               | 2.25  |
| Tetco STX               | 1.93  |
| TGP Zone 0              | 1.93  |
| TGP Zone 1 (500 Leg)    | 1.97  |
| TGT Zone SL             | 2.00  |
| New York Citygate       | 2.28  |
| Transco Station 65      | 2.05  |
| Transco Zone 6 (NY)     | 2.28  |
| Trunk ELa               | 1.99  |
| Western Region
| California Border       | 2.08  |
| El Paso Keystone        | 1.94  |
| El Paso San Juan-Blanco | 1.95  |
| Waha Hub                | 1.94  |
| Canadian/Rockies Region
| Nova/Aeco (C$/gig)      | 2.83  |
| Dawn Hub/Union          | 2.15  |
| Northwest Stanfield     | 2.05  |
| Wyoming Pool            | 1.88  |
| Opal                    | 1.88  |
| PGT-Malin               | 2.09  |
| Sumas                   | 2.05  |
         Flow Date 1/29
-------------------------------------------------------------

NATURAL GAS FUTURES
Henry Hub
12 Month Strip  2.3724 -0.0866
18 Month Strip  2.5266 -0.0760
| Month | High  |  Low  | Close | Change |
| FEB   | 2.025 | 1.850 | 1.908 | -0.129 |
| MAR   | 2.090 | 1.960 | 1.984 | -0.120 |
| APR   | 2.180 | 2.060 | 2.079 | -0.101 |
| MAY   | 2.270 | 2.160 | 2.175 | -0.094 |
| JUN   | 2.340 | 2.255 | 2.255 | -0.087 |
| JUL   | 2.410 | 2.320 | 2.330 | -0.084 |
| AUG   | 2.465 | 2.380 | 2.390 | -0.077 |
| SEP   | 2.475 | 2.375 | 2.399 | -0.077 |
| OCT   | 2.500 | 2.410 | 2.429 | -0.074 |
| NOV   | 2.720 | 2.664 | 2.664 | -0.069 |
| DEC   | 2.955 | 2.879 | 2.879 | -0.066 |
| JAN   | 3.040 | 2.977 | 2.977 | -0.061 |
-------------------------------------------------------------
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Natural Gas Futures Tumble Below $2

     Natural gas futures for February delivery on the NYMEX tumbled 6.3%
yesterday, falling $0.129 to $1.908 per MMBtu. The March contract lost
$0.12 to $1.984 per MMBtu. The market opened lower yesterday morning and
soon dropped below $2. It was the lowest price seen since last September's
$1.83 per MMBtu expiration for the October contract. In afternoon trading
prices dipped as low as $1.85 on a bearish weather forecast, but quickly
recovered to finish the session on an up-tick. Physical prices were kept
up by cooler weather in the Mid-continent region. Cold weather in the West
also pushed up cash prices there, but only marginally. The AGA report to
be released tomorrow afternoon is expected to show a withdrawal of about
110 - 120 Bcf. Look for the cash market to follow the NYMEX downward
today, although weather concerns in the nation's midsection reflect a
slight bullishness. Natural gas for next day delivery across the US and
Canada was generally flat to down $0.05 yesterday. Natural gas for next
day delivery at the Henry hub lost $0.01 to $2.02 per MMBtu.
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Today's Power Bulletins
 * Head of the National Association of Regulatory and Utility
Commissioners Tells Senate Committee Today Federal Regulations Needed to
Reform Power Market to Restore Public Confidence and Protect Consumers
from Potential Financial Disasters
 * Salomon Report Says Merchant Power and Natural Gas Sector Outlook Solid
 * Midwest ISO, PJM and Southwest Power Pool Announce Single Market Design
Forum
 * Enron Employees Band Together to File Lawsuit Against Retirement Plan
Custodians and Enron Directors
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-------------------------------------------------------------
Enron's Due on Enron Wind Sale

    Bids for Enron Wind were due yesterday, as the profitable company is
expected to soon be sold to European owners. Five companies are in the
running, so it is likely to take Enron several weeks to announce a buyer.
The purchase price is likely to be about $500 million. Enron Wind is
making money and is not included in Enron's bankruptcy filing. Its
revenues jumped from about $50 million when it was acquired by Enron in
1997 to $750 million in 2001. Last year was by far the best year in the
company's history. The bankruptcy court will have to provide some kind of
oversight for the sale of any Enron material assets. Likely bidders are
Denmark's Vestas Wind Systems, German-Danish wind turbine maker Nordex AG,
General Electric and some financial groups from Europe. Enron Wind will
likely end up bought by the Europeans, who have a stronger presence in the
wind energy sector. The top 5 wind turbine manufacturers are three Danish,
one Spanish, and one German. Vestas plans to set up a blade and assembly
plant in the US if the tax credit is extended, and NEG Micon already has
an assembly plant here. More than 1,000 MW of projects have been put on
hold in the US because the tax credit has yet to be renewed. About $5
billion of new wind power was installed worldwide last year, bringing the
total over $20 billion.
-------------------------------------------------------------
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-------------------------------------------------------------
Natural Gas NYMEX Volume
02FEB   37,198
02MAR   17,837
02APR    5,622
02MAY    2,416
02JUN    2,495
02JLY    9,143
02AUG    8,440
02SEP      975
02OCT    4,860
02NOV    1,882
02DEC      953
03JAN    1,922
03FEB      447
03MAR      699
03APR      713
03MAY      215
03JUN      414
03JLY      161
03AUG      201
03SEP       15
03OCT       62
03NOV      395
03DEC      650
04JAN       93
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--------------------------------------------------------------
PanCanadian and Alberta Energy Merge

    PanCanadian Energy and Alberta Energy have reached an agreement to
merge, forming one of the top independent oil and natural gas company in
the world in terms of proved reserves, production and value. The share
swap deal will create a C$27 billion exploration and production company
with operations in the US, the North Sea and Ecuador and major
Canadian-based operations. The newly merged company will be called EnCana
Corporation. The top executives of each company plan to enhance the market
value and prevent a takeover of either firm. Canadian energy companies
have historically experienced a lower stock market value than US rivals in
terms of multiples of projected cash flow per share, used to measure the
value of companies. Some say that pension funds looking to invest in North
America exploration would not have considered the companies before because
they were too small, but the new company is large enough to attract
institutional investors. It has been estimated that EnCana could
eventually have a multiple of 7.75 to 8.75 times cash flow, suggesting a
target price of C$44.50 to C$52.00. Competitors Anadarko and Burlington
Resources currently trade at 9.7 times and 8.7 times respectively. As part
of the deal, AEC stockholders will receive 1.472 PanCanadian shares for
each of their shares, which values AEC at about C$9 billion. PanCanadian
had been mentioned as a takeover target when it was spun off from Canadian
Pacific last fall. The deal carries a C$350 million break up fee for
either firm should it cause the merger to fall through.
-------------------------------------------------------------
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-------------------------------------------------------------
PHYSICAL POWER PRICES
|            | High  |  Low  | Average |
|            | $/MWh | $/MWh |  $/MWh  |
| Cinergy    | 18.60 | 16.00 |  17.75  |
| ECAR       | 22.00 | 16.00 |  19.20  |
| ERCOT      | 17.50 | 17.10 |  17.35  |
| Entergy    | 18.00 | 17.20 |  17.80  |
| TVA        | 19.90 | 19.45 |  19.85  |
| ComEd      | 20.00 | 19.25 |  19.65  |
| Nepool     | 28.00 | 27.00 |  27.55  |
| PJM West   | 22.50 | 21.00 |  21.50  |
| Main       | 22.00 | 21.00 |  21.50  |
| MAPP       | 22.00 | 19.00 |  20.00  |
| Palo Verde | 24.75 | 22.00 |  24.10  |
| Mid C      | 20.50 | 18.80 |  19.95  |
| COB        | 22.25 | 22.00 |  22.20  |
| 4 Corners  | 23.50 | 22.00 |  22.75  |
| Mead       | 27.00 | 23.25 |  25.05  |
| NP 15      | 25.00 | 23.50 |  24.40  |
| SP 15      | 25.25 | 23.75 |  24.60  |
            Power Delivered 1/29
-------------------------------------------------------------
Enron Collapse May Have Ripple Effect

    The ripple effect caused by the collapse of Enron may have harmed
securities across a broad range of asset classes. Revelations about
Enron's murky financial statements have generally cast doubt on corporate
accounting practices. Some say that the stock market now carries a higher
equity risk premium because of Enron's collapse. In some cases, investors
who lose money in one market unwound their exposure in others, leading to
a spiral of forced selling. Even companies with no Enron exposure are
experiencing investor risk aversion equal to those that had direct
financial dealings with the company. For example, Kmart would likely not
have been vulnerable to energy sector risks in the past. But Kmart claimed
that insurers had raised premiums for surety bonds, which Kmart needed to
cover certain contingent liabilities. Enron's collapse also worried
investors about other energy companies, like Calpine, El Paso and Mirant,
forcing them to adjust their balance sheets. The fallout from Enron likely
led to a downturn in outstanding commercial and industrial loans over the
past month. Another sign of potential contagion effects is a $266 million
outflow from high yield bond funds last week was attributed by to fears
aroused by the Enron and Kmart bankruptcies. Each new Enron disclosure
fuels fears that the economy is threatened by the fallout. And, whether
actual contagion exists or not, fear of it seems to led many companies' to
distance themselves from the energy trader.
-------------------------------------------------------------
Allegheny Energy Supply Company, Salt River Project (SRP) and Sempra
Energy
Resources announce Open Season for proposed Desert Crossing Gas Storage
and
Transportation System. Open Season for customers interested in capacity
begins Jan. 10, 2002 and extends through Feb. 8, 2002.  For information,
visit http://www.desert-crossing.com
-------------------------------------------------------------
Todays Gas Bulletins
 * Senate Energy Committee Begins Hearings on Enron Collapse; Witnesses
Scheduled Include FERC Chairman Pat Wood, CFTC Chairman James Newsome,
NYMEX Head Vincent Viola
 * Moody's Investors Service Places Alberta Energy's Senior Unsecured
Ratings Under Review for Possible Upgrade and 'A3' Senior Unsecured
Ratings of PanCanadian Under Review for Possible Downgrade
 * AGL Resources CEO Expects Georgia Legislature to Pass Bill to Reform
State's
Deregulated Natural Gas Market
 * Wife of Ex-Enron CEO Ken Lay Says Family Lost Fortune When Company
Collapsed; Says Husband Has Done Absolutely Nothing Dishonest
 * JP Morgan Raises Dynegy Bonds to 'Overweight' from 'Neutral'
 * Anadarko Announces 'Modeling' Conference Call February 6th
 * Morgan Stanley to Buy Ex-Texaco World Headquarters in Northern Suburb
of New York City for Undisclosed Amount
------------------------------------------------------------
California PUC Urged to Shift Power Choice Date

    An administrative law judge to the California PUC has urged the
regulators to amend a ruling that jettisoned the right of customers to
choose their electricity provider. The ALJ says the ruling needed to be
changed because it unfairly shifted almost $2 billion of costs to utility
customers. To avoid penalizing the customers, the ALJ recommends that the
PUC set July 1st as the cutoff date for energy users to sign new direct
access contracts to buy electricity from independent companies. The CPUC
voted last September to cancel the customer choice option as of that date.
Without the change in dates, consumers who continued to take power from
their local utility will be responsible for $1.98 billion. That is because
from July 1st to September 20th last year, about 11% of the total electric
service of the state's investor-owned utilities shifted from bundled
service from the utilities to direct access service from other companies.
About 10,000 businesses signed the new power deals last summer when
wholesale electricity priced dropped, a move severely criticized by state
consumer groups. However, the PUC reserved the option to shift the cutoff
date back to July 1st if the Sept 20th date hurt customers who stayed with
their utility.
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-------------------------------------------------------------
California PUC Urged to Shift Power Choice Date

    An administrative law judge to the California PUC has urged the
regulators to amend a ruling that jettisoned the right of customers to
choose their electricity provider. The ALJ says the ruling needed to be
changed because it unfairly shifted almost $2 billion of costs to utility
customers. To avoid penalizing the customers, the ALJ recommends that the
PUC set July 1st as the cutoff date for energy users to sign new direct
access contracts to buy electricity from independent companies. The CPUC
voted last September to cancel the customer choice option as of that date.
Without the change in dates, consumers who continued to take power from
their local utility will be responsible for $1.98 billion. That is because
from July 1st to September 20th last year, about 11% of the total electric
service of the state's investor-owned utilities shifted from bundled
service from the utilities to direct access service from other companies.
About 10,000 businesses signed the new power deals last summer when
wholesale electricity priced dropped, a move severely criticized by state
consumer groups. However, the PUC reserved the option to shift the cutoff
date back to July 1st if the Sept 20th date hurt customers who stayed with
their utility.
-------------------------------------------------------------
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strategic risks.

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-------------------------------------------------------------
POWER FUTURES
| Month |   COB   | Change |   PV    | Change |
| FEB   |  21.25  | +0.00  |  21.25  | -0.85  |
| MAR   |  18.50  | +0.00  |  21.00  | -0.75  |
| APR   |  20.00  | +0.00  |  22.25  | -1.00  |
| MAY   |  18.25  | +0.00  |  23.25  | -0.75  |
| JUN   |  20.00  | +0.00  |  27.75  | -0.75  |
| JUL   |  29.50  | +0.00  |  37.75  | +0.00  |
| AUG   |  40.00  | +0.00  |  42.50  | -0.75  |
| SEP   |  34.00  | +0.00  |  32.25  | -0.50  |
| OCT   |  28.00  | +0.00  |  27.75  | +0.00  |
| NOV   |  27.50  | +0.00  |  26.25  | -0.50  |
| DEC   |  28.50  | +0.00  |  26.75  | -0.50  |
| JAN   |  28.50  | +0.00  |  28.25  | +0.00  |
| Month | Entergy | Change | Cinergy | Change |
| FEB   |  18.25  | -0.05  |  19.70  | +0.00  |
| MAR   |  19.25  | -0.15  |  20.85  | +0.05  |
| APR   |  19.25  | -0.15  |  20.85  | +0.05  |
| MAY   |  22.60  | +0.10  |  24.25  | +0.25  |
| JUN   |  26.75  | +0.35  |  29.00  | +0.30  |
| JUL   |  33.50  | +0.25  |  37.25  | +0.00  |
| AUG   |  33.50  | +0.25  |  37.25  | +0.00  |
| SEP   |  26.00  | +0.00  |  22.30  | +0.05  |
| OCT   |  21.35  | +0.00  |  21.85  | -0.05  |
| NOV   |  21.35  | +0.00  |  21.85  | -0.25  |
| DEC   |  21.35  | +0.00  |  21.85  | -0.25  |
| JAN   |  24.25  | +0.25  |  25.25  | +0.25  |
-------------------------------------------------------------
Power Futures
| Month |  PJM  | Change |
| FEB   | 23.50 | -0.25  |
| MAR   | 24.05 | +0.00  |
| APR   | 24.05 | +0.00  |
| MAY   | 27.25 | +0.50  |
| JUN   | 33.25 | +0.25  |
| JUL   | 44.50 | +0.10  |
| AUG   | 44.50 | +0.10  |
| SEP   | 25.50 | +0.20  |
| OCT   | 25.00 | +0.05  |
| NOV   | 25.00 | +0.05  |
| DEC   | 25.00 | +0.05  |
| JAN   | 29.00 | +0.50  |
-------------------------------------------------------------
MARKET OUTLOOK

 Hold on to the short position in the March natural gas futures. The
GasTrader model is still in a bearish mode and continues to stay short,
although no new trades are recommended. Prices continue in a pervasive
downtrend, yet stop loss provisions are in place to guard against any
unexpected price rallies.  The massive short interest held by non
commercial accounts is of concern, but the stop loss provisions of the
model are designed to cope with what economists call "exogenous
variables". Weather, storage, and the economy are all negative, and
combined with the unfavorable technical environment suggest that prices
could work  still lower. GasTrader Consultant is a natural gas futures
trading program designed to minimize the opportunity costs (losses) that
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-------------------------------------------------------------
Energy Seminars, Inc. Announces Key Seminar Offerings for January:

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

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-------------------------------------------------------------
FINANCIAL SUMMARY
The TSE 300 lost 15.56 points to 7643.73
The CRB Index fell 1.98 points to 187.87
The US Dollar increased 0.02 points to 119.87
The Dow advanced 25.67 points to 9865.75
The S&P 500 dipped 0.22 points to 1133.06
The Nasdaq was up 6.21 points to 1943.91
March NYMEX Crude Oil climbed 0.06 to 20.05
Canadian-US Exchange rose 0.0046 to 1.6125
-------------------------------------------------------------
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Looks good

 -----Original Message-----
From: 	Stark, Cindy
Sent:	Wednesday, November 07, 2001 5:02 PM
To:	Horton, Stanley
Subject:	FW: Natural Gas Council Meeting on Energy Security

Have any comments?

 -----Original Message-----
From: 	Gerry Owens <gowens@INGAA.org>@ENRON
Sent:	Wednesday, November 07, 2001 2:07 PM
To:	'cstark@enron.com'
Subject:	Natural Gas Council Meeting on Energy Security

Cindy please have Mr. Horton change/approve and sign off on the attached memo.  Do you think things will ever slow down?

 - Memo Energy Security 12-20.doc << File: Memo Energy Security 12-20.doc >>


Attached for your review and approval are the press release announcing the
merger plan with Azurix and a Q&A document.  Both have been approved by Mark
Metts and Lance Schuler.  Pending signature of the merger agreement tonight,
we plan to release concurrently with Azurix before the market opens tomorrow
morning.

If you have any comments or changes, please call Mark Palmer at x34738 before
6 a.m. tomorrow.

Thank you.
Karen


Charlie:

We increased the heat rate from 7,500 Btu/HpHr to 8,000 Btu/HpHr.  I am
forwarding the new volumes of gas based on this new heat rate.  PLease let me
know if you have any questions.

Thanks.

Maria Tefel


?
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																															output to 50 MMcf per day over the next week. After pumping  that rate for a
month, it will increase volumes to 75 MMcf per day,  just above the rate at
which the first Fort Liard well, K-29, is  producing. Chevron is operator and
has a 43.4% stake in the two  wells. Purcell has 24% and Berkley, 21%. Among
the other partners  are Anderson Exploration, Paramount Resources and
Canadian Natural  Resources.

																			Chevron's Second Fort Liard Natural Gas Well Starts  Output

																			?  ? Chevron Canada Resources has started production of natural  gas from the
second of two wells it drilled in the southern part of  Canada's Fort
Liard-area in southwestern Northwest Territories and  hopes to lift output to
capacity rates in a month. Chevron says the  M-25 well was producing at 35
MMcf per day, one month ahead of  schedule, and it planned to increase

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																											Natural? Gas? Storage?  Report

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																													? ? ? ? ? ? Week?  ? ? ? ? ? ? ? ? ?  ? ? ? ? ? ? ? ?  Prev?
																													? ? ? ? ?  ?Ending? ? Prev? ? ? ?  ? ? ? ? ? ?Prev? ?  Year? ?
																													| Region | 10/27/00| Week | Diff | % Full | Year |  % Full
																													|  Prod? ?|? ?667? ?|? 649  |? 17? |? 70%? ?|? 852 |?  89%? ?
																													| East? ?|? 1660?  ?| 1613 |? 48? |? 91%? ?| 1721  |? 94%? ?
																													| West? ?|? ?385?  ?|? 380 |? ?5? |? 76%?  ?|? 434 |? 86%? ?
																													|? ? ? ?  |? ? ? ? ?|? ? ?  |? ? ? |? ? ? ? |?  ? ? |? ? ? ?
																													| Total? |? 2712?  ?| 2642 |? 70? |? 82%? ?| 3007  |? 91%? ?

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																																								Enerfax  Daily? -?  Page 6? -?  November 2, 2000

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																																						For more information, please Contact Ron Ford
																																						at Ziff Energy Group, Houston, TX
																																						(713) 627-8282 or Toll Free: 1-888-736-5780
																																						Also, visit our web-site, www.ziffenergy.com, to review our  Brochure.

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																																	PanCanadian and Quicksilver in Joint  Venture

																																	?  ?
																																	PanCanadian Petroleum plans to form a  joint venture with Quicksilver
Resources to explore for natural gas  in coal beds. PanCanadian and
Quicksilver's MGV Energy will look for  methane on PanCanadian properties
near Calgary. The companies will  share exploration and evaluation costs in
the venture. PanCanadian  owns rights to more than a million acres in
southern Alberta.

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																																	Financial Summary

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															")} TC
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Group,

I wanted to passback some important feedback from the Enron Canada group
concerning our notes on restatements.  In the notes section of the calgary
website (see my previous email), we need to input the mws dispatched in EVERY
call we have.  Enron Canada considers it very important that we have every
call in the log.  For example:

Entry #1; 01:33...Gary at Powerpool called to dispatch us up to 358 mws from
352 mws, Transalta excess energy now in merit.
Entry #2; 01:34...Joe at Transalta Plant, called Joe and had him go to 358
from 352 mws.

and then later on in the evening.

Entry #3; 03:21...Gary at Powerpool called to dispatch us down to 352 mws
from 358 mws, Transalta excess energy no longer in merit order.
Entry #4; 03:22...Joe at Transalta Plant, called Joe and had him go to 352
mws from 358mws.

So basically we need to say the time and mws for each call, and whether or
not the excess energy (anything over 353 MWhs) is in or out of merit.
We also need to be sure to identify restatements because of plant derates, as
well as the cause of the derate.  This information is VERY important to our
custormer (Enron Canada) for settlements and payments to Transalta.
Consequently it should be important to us.  You should all be familiar with
the systems by now.  If you have any questions, please ask me.  I would like
to prove our competency on these issues.

Thank you.

Bill


Suzanne:
Thanks.  I'll call or write back later as my free time is up!  Everything is
going well.  I hope to be up for a visit maybe sometime next week.

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

	Suzanne Adams
	08/09/00 11:06 AM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: Re: Office Build-out

I've already asked Joya to give me a firm date when she knew something
because I was going on vacation.  Don't worry about it, I'll take care of
everything.  I have to fine out where to send your things first.  I wonder
when they'll be moving me?  Got any idea?  No one has said a word to me about
it at all.  It'll get done, don't worry about a thing.

How's everything going?

	Carol St Clair
	08/09/2000 10:57 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Office Build-out

Suzanne:
FYI.  Can you and the clerks handle packing up my office?  I may be able to
help but I don't want to make any commitment  that I can make it up there.
Hopefully, it won't take that long and the only files that need to be marked
or perhaps put in the legal assistant area are the files near my window.  If
the move-out timing slips and happens while you are on vacation, I would
prefer that it be handled before hand so that the floater doesn't have to
worry about it.  Let me know what you think.  Sorry to impose but I tried to
do as much as I could before I left.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 08/09/00 10:52 AM -----

	Mark Taylor
	08/08/00 09:08 AM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: Office Build-out

It looks like Phase II of our construction project (over where Julia's office
used to be) will be finished on the 18th so she will be moving into her new
office that weekend.  I now have the plans for Phase III and it turns out
your office will be included in the construction area.  Phase III will
probably start on the 25th.  That could always slip but I wanted to give you
as much notice as possible.

Hope you are all doing well.  Getting any sleep yet?


Hello everyone:

Please let me know if you have a subscription to "Telerate"?  We are
being billed for this service and I do not know who is using it.

Thanks!

Shirley


I have trawled through the list of jurisdictions of potential counterparties
to the freight swaps/options.

A list
Norway
Denmark
Germany
Switzerland
UK
Belgium
France
Netherlands
Singapore
Australia

We have already done full EOL due diligence on the above jurisdictions. The
only issue which we wd just need to cover is whether for regulatory purposes
freight is treated as a commodity. We shd be able to get answers on that
issue quickly.

B list
Turkey
Taiwan
Japan
Argentina
Israel
Gibraltar
S. Korea

We do not have much on the above jurisdictions here although Mark T may have
done some due diligence on the non- European, non-middle eastern countries.
Do you want us to undertake full due diligence on these?

C list
Liberia
Panama
Cayman Isl
BVI
Bermuda
Bahamas
BWI

I understand that decisions may have already been made not to include
entities incorporated into these jurisdictions, because of money laundering
issues, lack of corporate transparency etc. Cd this be confirmed.

Many thanks

Robert


Please print out the attached on my letterhead & bring it over to me.  Thank
you!!
---------------------- Forwarded by Susan Scott/ET&S/Enron on 01/11/2000
03:03 PM ---------------------------

Lorraine Lindberg
01/11/2000 02:32 PM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Red Cedar Letter

Here it is.


Travis -

In Phase I we had the copyright notice on every page.  Can we get away with
having it only on the home page?

	Travis McCullough
	08/03/2000 05:28 PM

		 To: Dave Samuels/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Copyright notice language

The copyright notice on the homepage should read as follows:

Copyright (c) 1999 Enron Net Works LLC.  All rights reserved.

(the "C" is actually the little c in the circle).  We had also suggested that
we indicate "Patent Pending" close to the copyright notice.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


Scott,

Thanks for the help with Dave Duran.  He wants to offer me a job, and he sent me to talk to Louise Kitchen today, which I did.  She told me that she wanted to check my references.  I was wondering if you would be willing to drop her a note on me.  She would probably put a lot more stock in your view than in most of the other guys I have worked with in EI and EBS.  Thanks, I appreciate it.

Steve


This gas should be allocated to deal 70499 (Unit Gas Transmission).  That
point is already on the ticket (under ENA).

D

Clem Cernosek
12/19/2000 06:04 PM
To: Daren J Farmer/HOU/ECT@ECT
cc: Mary Poorman/NA/Enron@Enron
Subject: HPL Meter #981046 BUTANE PLANT NECHES GAS DIST H

Daren:

During the period of 9/5/99 thru 9/6/99, the above meter recorded flow of
3,962 Mmbtus.  There was no deal at this meter the month prior or after.
Currently, Logistics has these volumes recorded to HPL Strangers Gas
Contract.  In order to correct this, HPL Logistics needs either a deal to
record these volumes which have flowed into HPL's pipeline or Logistics needs
approval to writeoff these volumes to Unaccounted for Gas.  (Please print,
sign, and return the original to Clem Cernosek).

 ________________________________________________________________
 APPROVAL to Writeoff the volumes to Unaccounted for Gas Loss

     OR

 ________________________________________________________
 Deal/Deal Ticket#/Customer (Buyer/Seller)

Thank,   Clem


Martin,

David Pruner called about this meeting today.
I shall  talk to him on Thu about the details.

Vince

 -----Original Message-----
From: 	Lin, Martin
Sent:	Monday, July 30, 2001 8:58 AM
To:	Kaminski, Vince J
Subject:	meeting for Media Services

Last week, Eric Cope and I met with Erik Simpson and others in the Media Services group.  Though we were there to discuss some models, Erik S. mentioned the meeting that Ed Ondarza had brought up with you.  According to Erik, Media Services would still like to have Research participate in the meeting.  He will let me know the exact date and time, however, it will be close to the date that you had discussed with me.

Media Services would like to have Research present an example where we had applied some novel and sophisticated analysis to a problem that may show applicability to issues in the advertising business.  Essentially, they would like a relevant success story with a great wow-factor.

Martin


-----Original Message-----
From: 	Felling, Amy
Sent:	Monday, October 01, 2001 9:34 AM
To:	Lucci, Paul T.
Subject:	FW: Optical Illusion

); Vickie Stringham (E-mail)
Subject:	FW: Optical Illusion

 -----

Subject: FW: Optical  Illusion

 - Illusion d'optique.pps


I looked at Gillian's website and she is adorable!  What a cutie!  I've
bookmarked it and I'll keep looking for updates.


I need a couple of CA for the following information.  The need to be bilateral agreements.  Please use the bi-lateral form, that you and I have used before.  The Enron entity is Enron Compression Services Company.  Ned will be sending a more detailed scope shortly and I will forward. Please come to me with any questions.

 -----Original Message-----
From: 	Higgins, Ned
Sent:	Tuesday, June 19, 2001 3:01 PM
To:	Nemec, Gerald
Subject:	CA's

Per my previous voice mail, could you please prepare CA's for both:  Anadarko Petroleum Corporation,  1200 Timberloch Place, The Woodlands, TX  77251 and Duke Energy Field Services,  5718 Westheimer, Ste 2000, Houston, TX 77057. As mentioned both CA's are for the purposes of data sharing relative to Elec. compression projects.


I'm not Tim.  Perhaps you'd better contact him some other way.


Listed below is your hotel information for your Wellesley trip on Wednesday,
September 27th.

Hotel
Wellesley Inn
576 Washington St.
(781) 235-0180

Sept. 27-29  Confirmation
Name
Geynille Dillingham 73606
Cindy Olson  73607
Christie Patrick  73609
Bryan Garrett  79195
Grace Kim  79196
Elizabeth Shim  79197
Michelle Cash  79198
Sally Beck  79199
Kelly Boots  79203

Sept .27-28  Confirmation
Rich Schneider  73608

If you have any questions, please feel free to call me at x5.7344

HAVE A SAFE TRIP!

Thank You.

Debbie Flores
Recruiting Coordinator
Analyst Program


The Executive Committee Meeting scheduled for Monday, July 23rd has been cancelled due to PRC meetings.  I will contact everyone with details on the July 30th
Executive Committee Meeting early next week.

Regards,

Bill


-----Original Message-----
From: 	Armstrong, Julie
Sent:	Tuesday, November 13, 2001 10:41 AM
To:	McCarty, Danny
Subject:	FW: Enron Board of Directors

>
>
>
>  - Enron Board of Directors.pps <<Enron Board of Directors.pps>>
>
>
 - Enron Board of Directors.pps


Concur Expense (XMS) Upgrade!

On July 2, 2001, Enron's Corporate Expense Management Solution will undergo an upgrade to version 6.0.2.
The Integrated Solution Center (ISC) has developed a transition plan containing several important deadlines affecting
all XMS users.

							Transition Schedule

Important Date #1 - Monday, June 18th
?	American Express transactions will no longer be loaded into the current XMS system starting June 18th.  Beginning June 18th, all AMEX transactions will be loaded into the new Concur Expense (XMS) system.
? 	Beginning June 18th, the ISC will be solely responsible for adding new users to the current XMS system.  On July 2nd, new users created in SAP HR will be 	automatically loaded into the new Concur Expense (XMS) system.

Important Date #2 - Wednesday, June 27th
?	This marks the deadline for entering new expense reports into the current XMS system.  All open expense reports in XMS must be submitted and approved 	by June 27th.  All users will be locked out of XMS after this date!!

Important Date #3 - Monday, July 2nd
?	The new version of Concur Expense (XMS ver. 6.0.2) goes LIVE!!!

For a list of frequently asked questions (FAQ), please click on the following link:  http://isc.enron.com/site/xmsfaqs.htm

If you have any other questions on any of the above items, please contact the ISC Call Center at 713-345-4727.


We have received an executed financial master agreement:

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

Effective Date:			September 27, 2001

Enron Entity:			Enron North America Corp.

Counterparty:			Public Utility District No. 1 of Franklin County

Transactions Covered:		The agreement is limited to natural gas, electricity or other energy used for the production of electricity.

Confirming Entity:		Enron North America Corp.

Governing Law:     			New York

Special Handling Requirements:   No special handling requirements

Copies will be distributed.

Samantha M. Boyd
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803
Houston, Texas 77002
Ph:  (713) 853-9188
Fax:  (713) 646-3490