i do remember that.  i don't know.  probably not until next year.  fred doesn't want me to go until then.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:13 AM
To:	Nelson, Michelle
Subject:	RE:

so when are you going to ny

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:13 AM
To:	Maggi, Mike
Subject:	RE:

hmmm.  i thought that i was very nice.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:11 AM
To:	Nelson, Michelle
Subject:	RE:

you werent exactly innocent

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:09 AM
To:	Maggi, Mike
Subject:	RE:

i think that i am funny and you know what i'm talking about.  that's why you asked if kori was here.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:07 AM
To:	Nelson, Michelle
Subject:	RE:

i dont know what the heck you are talking about, and thank you for calling it babbling

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:03 AM
To:	Maggi, Mike
Subject:

i was just playing.  so do you remember what you babbled to me on friday?


Start Date: 4/22/01; HourAhead hour: 24;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042224.txt

---- SC Trades Schedule ----
+++ Hour 24 - bad data from ISO.
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  TRADING_SC: ECH1
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 24 / Preferred:  70.85 / Final:  70.82)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  SC_ID: EPMI


attachment?

-----Original Message-----
From: Scott Laughlin [mailto:scottwl@hotmail.com]
Sent: Thursday, September 27, 2001 12:00 PM
To: cameron@perfect.com; eldon@direcpc.com; jdasovic@enron.com;
Nancy.Sellers@RobertMondavi.com
Cc: psellers@pacbell.net
Subject: Fwd: Fw: [Fwd: A Favor for some Friends]

I thought maybe we could help these people and put them up at the Dome, or,
better, on Jeff's property...

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


Any updates on these issues?  Need to have the Canada P/B/I books details and also which book is for future and options.  We need this info before we can set up books in Netco production database.

Cecilia

 -----Original Message-----
From: 	Cheung, Cecilia
Sent:	Tuesday, January 15, 2002 11:47 AM
To:	Keiser, Kam; Wong, Jeremy
Cc:	Valdes, John
Subject:	RE: new org regions

Kam,

I will update the regions for the books.  Also please advise which gas book is for future and which one is for the options.  Same for commodity Crude, Unleaded, and Heating Oil (the future & options books for these 3 commodities could be the same and could be different.  But currently you only have 1 book set up for each of these 3 commodities).

Cecilia

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Tuesday, January 15, 2002 9:24 AM
To:	Cheung, Cecilia; Wong, Jeremy
Cc:	Valdes, John
Subject:	new org regions

Can you please change the org regions for the attached books.

Thanks

Kam

 << File: Book Request Form  Financial final.xls >>  << File: Book Request Form Central final.xls >>  << File: Book Request Form East final.xls >>  << File: Book Request Form Texas final.xls >>  << File: Book Request Form West final.xls >>


I've had a burst appendix and Pneumonia.

Call debbie for details on 936-321-8836 (home) or 936-499-4996 (cell) or me
directly on 713-598-0732 (but I share a room with someone, so we may disturb
them....

Steve
-----------------
Tel: 713-345-8980
Cell: 713-598-0732


Hello everyone,
 Christine made the changes as requested.  Let me know if further action is
needed.

MVE
---------------------- Forwarded by Michael Eiben/HOU/ECT on 05/19/2000 04:46
PM ---------------------------

	Enron North America Corp.

	From:  Christine Pham                           05/19/2000 02:02 PM

To: Michael Eiben/HOU/ECT@ECT
cc:
Subject: Entex Adjustments for 5/00

---------------------- Forwarded by Christine Pham/HOU/ECT on 05/19/2000
02:01 PM ---------------------------

Daren J Farmer
05/19/2000 11:42 AM
To: Christine Pham/HOU/ECT@ECT
cc:
Subject: Entex Adjustments for 5/00

Christine,

Attached is the Entex file I mentioned in the voice mail this morning.  We
really need to have these adjustments made in POPS today.  Please let me know
if you can help with this.  Thanks.

Daren
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 05/19/2000
11:40 AM ---------------------------

	Enron North America Corp.

	From:  Gary A Hanks                           05/18/2000 03:51 PM

To: Romeo D'Souza/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Ami
Chokshi/Corp/Enron@ENRON, Pat Clynes/Corp/Enron@ENRON
cc:
Subject: Entex Adjustments for 5/00

I have reviewed the Entex actuals and adjusted Gas Control's Entex factor for
the month of May.  I have found that Entex estimates have been overstated by
approximately 10.0 Mmcf/Day.

Romeo:

Will you make sure the estimates that are in POPs are corrected to reflect
the new volumes.  This should help reduce some of the UA4 that Daren and Pat
are trying to locate.

The attached file has the changes that need to be made.  Please let everyone
on this mailing list know once the changes have been made.

If you have any questions please call me at 36449.

Thanks
Gary H


how was your wedding on saturday?


Linda - (I hope this is the one in Washington DC) and Joe - the Argentine
goverment has carrried this issue on for to long.  Basically - the regulator
is violating the terms of our license - because it is not convenient for the
government to follow our license.  It is a case of the Government trying to
fix its inflation problems on the backs of the regulated companies and in the
process there are doing further damage to the economy.

 Impact on TGS is about $58mm of revenue and we have ceased to authorize new
investments.   From my perspective we have clear BIT case - but I prefer to
wait until we have run out of more conventional options.  Also the BIT
arbirtration on Stamp Tax is starting and I I don't want to have two cases
going at the same time if I can avoid it..

Eduardo and I will be working with US embassy in Argentina - they have
indicated that push from Washington DC would help termendously.  I will get
the the memo in the first attachment translated and send to you - hopefully
on monday.   Aslo Eduardo will be putting together some more info on TGS
specific impact.  As the meeting between Colin Powell and Argentine
ambassador is on Feb 6 - thought it would be good to get you guys up to speed
and as I think this is going to be a bit of a drawn out process - would like
your assistance in putting together plan for getting the Argentine government
to correct this mistake.

I would like to arrange a call on Wednesday afternoon - the 31st to discuss.
Can you please let me know who should be invited from the DC office.

Yvette - please send first attachment and the S&P press release out for
Translation and then send directly to Linda and Joe.    Also please schedule
a meeting with Linda, Joe, and Eduardo  for Wednesday afternoon if it is
convenient for them - otherwise anytime after that,

Pete
---------------------- Forwarded by Peter E Weidler/NA/Enron on 01/27/2001
07:57 AM ---------------------------

Eduardo Quintana@TGS
01/26/2001 07:38 AM
To: Peter E Weidler/NA/Enron@ENRON
cc:

Subject: RE: TGS PPI

Pete:

Last Wednesday, January 24, I held a meeting at the US Embassy with Jim
Wilson  - Counselor for Commercial Matters - and Douglas Climan - Counselor
for Economic Affairs.

I believe that the meeting was highly positive since it gave the chance to
let them know the PPI issue in detail, to make them clear some points of the
process and of the PPI working and to provide them with information about the
topic.

They showed themselves very interested in taking action to help us with the
National Government and to such end we have agreed the following:

a. Adalberto Rodriguez Giavarini, the Argentine Foreign Affairs Minister,
will meet with Collin Powell in Washington  next February 6. They will try to
include this subject in the agenda, at least to cover it generally.
b. They will send to Washington the information that I gave to them in order
to be submitted to the Argentine Ambassador in US by an Enron officer
there.
c. They will clearly speak about this issue at the regular meetings that they
hold at the Economy Ministry (especially with Machinea) where they are asked
cooperation for attracting American investments to Argentina.
d. They will transmit this subject to the American Ambassador in Argentina
and a meeting will be agreed if necessary.
e. We will be in continuous contact to keep them informed about the process
and they will inform us about the actions that they may be taking.

They mentioned, among other subjects, the meeting that would be held that
afternoon between F. Mezzadri (CMS, President and TGS,shareholder) and
Ambassador Welch. Although the topic of the meeting was Stamp Tax they also
will include the PPI issue.

Finally, they mentioned that the US Embassy regularly organizes a meeting
during the first week of April with American companies holding investments in
Argentina, members of the commercial areas of the Embassy and officers coming
from US. They recommended us to participate at such meeting (also with
someone from Enron in US) since that is a good opportunity for them to know
the commercial matters with the Government.

At the end of the meeting, Climan mentioned that it would be interesting to
organize a visit of Ambassador Welch to TGS facilities in the interior of the
country. For that purpose, we have agreed that I would prepare a tentative
trip program to visit not only some facilities but also some working areas
where expansion works are being performed. In principle, they let us to
propose the date and they also mentioned the possibility of including in the
trip some visit to a Provincial Governor. I am working on that and I will
send you a draft of the program as soon as I have it.  I think that if this
visit is carried out it would be good to do it with Enron and Perez Companc,s
officers.

 Attached you will find the information that I gave to Doug and Jim for you
send it to Washington.

Regards
Eduardo

Peter E Weidler@ENRON
24/01/2001 21:47
To: Eduardo Quintana/TGS@TGS
cc:
Subject: RE: TGS PPI

Eduardo - I need the papers and letters etc - so that I can send on to
Washington DC - this looks like a good idea.

Pete
---------------------- Forwarded by Peter E Weidler/NA/Enron on 01/24/2001
06:46 PM ---------------------------
From: Michael Guerriero on 01/24/2001 05:31 PM ZW3
To: Peter E Weidler/NA/Enron@Enron
cc:

Subject: RE: TGS PPI

Embassy would like us to communicate with Joe Hillings the PPI issue to cover
it with Ambassador Gonzales.
Your ball.

MFG
---------------------- Forwarded by Michael Guerriero/SA/Enron on 01/24/2001
05:12 PM ---------------------------

"Climan, Douglas P" <ClimanDP@state.gov> on 01/24/2001 05:43:35 PM
To: "'Michael.Guerriero@enron.com'" <Michael.Guerriero@enron.com>
cc:

Subject: RE: TGS PPI

Thanks Mike.  Jim and I spoke with Eduardo for an hour this afternoon --  he
helped answer some of the remaining questions we had about the politics
behind the Defensor del Pueblo action.  We'll brief the Ambassador tomorrow
and will also meet with CMS on the issue.

You may want to have Joe Hillings raise the PPI-indexing issue with
Argentine Amb Gonzalez in D.C. - it helps to have the Foreign Ministry here
get parallel hits from our embassy and from theirs.  Also note that ForMin
Giavarini will meet with new SecState Powell in Washington February
6....while their conversation will doubtlessly be broad-ranging, we'll make
sure this issue gets into the Secretary's briefing memo.

Best,  Doug

 -----Original Message-----
 From: Michael.Guerriero@enron.com
[SMTP:Michael.Guerriero@enron.com]
 Sent: Wednesday, January 24, 2001 1:11 PM
 To: climandp@state.gov
 Subject: TGS PPI

 Eduardo Quintana is with Wilson at 3pm today. You may wish to sit
in.
 Eduardo is new to the embassy I have told him we would provide him
with a
 roster of who does what. Could you send that to me.

 Regards

 MFG


Kent,

I can get together on Tues.  at 1:30.

I certainly want to make this report as useful as possible.  But, in some regards I feel like I failed my group in not memorializing the notes from our Omaha meeting on the specific changes that we agreed as a group to make to the report.  I have kept Dale in a state of fiddling with this report for two months now.   For example, my notes from our meeting reflect the fact that we decided against trend information.  I am certainly willing to change that decision if you guys collectively agree.

Have you considered whether we need different types of reports rather than try to accomplish all on this page.  The purpose of the current page is for gas logistics to report on what is happening on the system (i.e. how the physical world is tracking to the paper world).   We need to run through this exercise from a gas logistics side each day even if it isn't meaningful to marketing.  I'm not adverse to the concept of studying shifts in gas flows from day-day or year-year, but perhaps this is a distinct analytical tool.

Hopefully we can work out these details on Tues & then run with it.

 -----Original Message-----
From: 	Miller, Kent
Sent:	Thursday, October 11, 2001 10:34 AM
To:	Corman, Shelley
Cc:	Williams, Jo; Neubauer, Dave
Subject:	RE: Meeting

Shelley,

The changes are an improvement.  Both Jo and I were thinking that we were moving toward having a summary section where the system-wide balance was addressed.  This would include things such as a summary receipt/delivery balance, how gas is moving across the system at key pipeline points, how much capacity (such as at Clifton) that is used for transport vs. contract storage vs. operational storage (line pack changes).

Also, we were looking for some longer term trend information such as what were the zones in the Market Area and other key points were using last year so we can see the year-on-year trends.

We find ourselves talking about specific volumes at specific points and we feel that it would add a broader feel as to what is happening on the system if we can start with a broader look at the entire system and then move into more of a location by location/point information.  These were some of the things that we wanted to sit down and talk about to be sure that were all on the same page.  Could we plan on getting together after Lynn's brown-bag lunch presentation (about 1:30)?

Thanks,

Kent

 -----Original Message-----
From: 	Corman, Shelley
Sent:	Thursday, October 11, 2001 8:21 AM
To:	Miller, Kent
Subject:	Meeting

Thanks.  I got your voice message.

 I'm good with getting together on Tuesday, but I would also like any major formatting feedback in advance of the meeting if possible so that we can walk away from the meeting on Tuesday with the final product.  Otherwise, I'm concerned that we'll never get out of the cycle of perpetual feedback & differences in preferences of formatting style.


Please forward a draft of the Master Netting agmt to Tractebel.  See below.

-----Original Message-----
From: Kinner, Lora [mailto:LKinner@tractebelusa.com]
Sent: Thursday, November 15, 2001 11:40 AM
To: Sacks, Edward
Cc: Pantazis, Thomasine
Subject: Cross Commodity, Cross Affiliate Netting Agreement

Ed:

This is a follow up to our conversation we had on Monday regarding the cross
commodity, cross affiliate netting agreement.
As of today, Thursday Nov. 15, we have not received anything.  In order to
expedite things, I think it would be helpful for our legal councils to
directly contact each other regarding this matter. Therefore, I am sending
you the phone number and email address of my legal council (Name: Thomasine
Pantazis; Phone Number (713) 350-1663; email - tpantazis@tractebelusa.com)
I would appreciate it if you could provide the same information on Ms.
Sager.  Thanks,

Lora

Lora L. Kinner
Director, Credit and Contracts
Phone (713) 350-1763
Fax (713) 548-5153


---------------------- Forwarded by Darron C Giron/HOU/ECT on 07/24/2000
09:30 AM ---------------------------

"hollyw" <hollyw@email.msn.com> on 07/22/2000 03:16:18 PM
To: "Stacy Warren" <swarre02@coair.com>, "Sheri Thomas"
<Sheri.Thomas@enron.com>, "Rochelle Smith \(E-mail\)"
<rochelle@waterengineers.com>, "Raymond Paterson" <ray_paterson@hotmail.com>,
"Nicol, Gary" <nicolg@bp.com>, "Lori Horrocks" <loroks@yahoo.com>, "Lucie
Eckersall" <lucie@eckers.abel.co.uk>, "John Schmitz" <jschm@telxon.com>, "Jim
Miller" <jraggie1@pdq.net>, "Jim Henness \(E-mail\)" <jhennes@c2i2.com>,
"Jacky Carson" <carson@mail.zuper.net>, "Janine Gregor"
<janine.gregor@talk21.com>, "Gregor, Lynn C" <GregorLC@bp.com>, "Debbie Hall"
<gmind@icsi.net>, "Darron Giron" <dgiron@enron.com>
cc:
Subject: Fw: (no subject)

----- Original Message -----
From: "dkerr2" <dkerr2@email.msn.com>
To: <hollyw@email.msn.com>
Sent: Saturday, July 22, 2000 3:50 PM
Subject: Fw: (no subject)

>
> ----- Original Message -----
> From: "Amanda M. Hissey" <mandyh@warpwebtech.com>
> To: "Trace Torrence" <tracer1@pdq.net>; "Rhonda Spaulding"
> <Rlspaulding@cs.com>; "Jami Brown" <Jami_Brown@mil-rep.com>; "Dan Kerr"
> <dkerr2@email.msn.com>; "Bob" <BCMoe@aol.com>; "Ashley Williamson"
> <a_williamson@hotmail.com>
> Sent: Wednesday, June 21, 2000 11:43 AM
> Subject: FW: (no subject)
>
>
> >
> >
> > -----Original Message-----
> > From: jimreniers [mailto:jimreniers@email.msn.com]
> > Sent: Thursday, May 11, 2000 6:27 PM
> > To: Beridon Leon; Bowman, Bill; Davis, Bob L; Davis bob HOME; Fairchild
> > Bill; FRANKIE; Gillen, Andy; Hamilton Mark; Hissey Chuck; Hissy, Mandy;
> > Koontz Palmer; Macdonald, Don; MGuinnSr@aol.com;
> > Michael.B.Becker@chase.com; Oblinger Steve; Ann Parker; Powell, Davis;
> > PAUL SRO; Varnell Betsy; Wells AL&Bonnie
> > Subject: Fw: (no subject)
> >
> >
> >
> > Subject: Fw: (no subject)
> >
> >
> > > >
> > > >
> > >
> >
> >
> >
> >
> >
> >
>
>
>

 - ADOPTED.GIF


Bill/Steve,  I feel comfortable with allocating a total of 350 hrs. for
personal usage in yr2001 to the business units.

In 2000 we operated 5 1/2  aircraft  a total of 4,375hrs.  Net the chairman's
office we did 354hrs of personal usage (Lay 280hrs)

We will not experience the down time in 2001 like we did in 2000 for major
scheduled inspections so consequently additional hours could be flown above
the norm without additional manpower more than we had in 2000.  I estimate we
could still operate at last years total hours due to the fact we still have
more than our budgeted 5 aircraft.  Once we have disposed of the surplus
aircraft we may need to adjust the available personal use hours down slightly
due to availability around business needs.  As long as the personal aircraft
users are flexible with their time and dates I don't see a problem.

Personal Usage yr 2000
Baxter      17.5
Causey     2.6
Cordes      2.0
Fastow    31.3
Frevert    25.6
Hannon  41.4
Horton      3.2
Lay        279.5
Olson      16.6
Pai1           4.6
Rice        57.3
Slilling    22.5
Sutton     21.4
White      95.8
Mark         1.7

I will be in LAX Sunday through Tuesday for an internation helicopter
operator conference but will be reachable through my pager if you have any
other questions.


Start Date: 1/2/02; HourAhead hour: 3;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010203.txt
!!!General SQL error.
Couldn't update; currently locked by user 'admin' on machine 'ECTHOU-BPS4'.
Table
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstCA
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  TIE_POINT: MALIN_5_RNDMTN
  INTERCHG_ID: ENRJ_CISO_3001
  ENGY_TYPE: FIRM
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstSW
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: ENRJ_CISO_7000
  ENGY_TYPE: FIRM
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstSW
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  TIE_POINT: MEAD_2_WALC
  INTERCHG_ID: ENRJ_CISO_8000
  ENGY_TYPE: FIRM

---- Load Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  LOAD_ID: PGE1
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  SC_ID: ENRJ
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  SC_ID: ENRJ
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  SC_ID: ENRJ
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  SC_ID: ENRJ
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  LOAD_ID: SDG1
  MKT_TYPE: 2
  TRANS_DATE: 1/2/02
  SC_ID: ENRJ


How did we ever resolve the two signed masters situation for Elf Trading S.A.
(ECT & ECt Int'l)?


Start Date: 1/23/02; HourAhead hour: 17;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012317.txt


Grant,
 I have reviewed your requested changes and have made the changes which do
not require explanation or clarification.  Those changes are reflected in the
above document.  Let me go over your list of items:
 1. I have deleted the word "DRAFT".
 2. I have left a blank for the date within the month of March 2001 when the
contract would be executed by the City.
 3. I have changed the word "may" to "shall".
 4. Maximum Daily Delivery Point Quantity does not fit in a Deficiency
Default, it is just the maximum quantity that can be handled by a party at a
particular point.  I do not think their is an omission.
 5. I have added the word "reasonable".
 6. The procedue for how the Termination Payment is determined is provided,
if the City disagrees with the method and values provided in the statement
and is unable to convince the Company to revise, the statement, then the
issue is to be resolved in arbitration.  At the point that a Termination
Payment calculation is necessary, a long drawn out period should not be
necessary to attain closure.
 7. We need to limit the duration to 30 days,  neither party should be
required to wait 60 days before it could accelerate the other party's
obligations under the Contract.  We might be able to add language to extend
the period if we had some documentation stating the steps that a party was
pursuing to cause the proceeding to be dismissed and the other party was
otherwise kept whole from a credit exposure.
 8. I have kept the 30 days because 5 days is too short a period.  During a
holiday period, one scheduling error could cover the entire period.  Article
3 has language which provides a remedy for a party if a scheduling default
extends for more than 5 days during any month.
 9. The reason is because Enron Corp. is the rated entity and no separate
rating applies to ENA.
 10. I have changed "a" to "the"
 11. I have eliminated the  60 day limitation on the duration of an event of
Force Majeure.
 12. This merely addressed the possibility of a imbalance amount being due
when a pipeline aggregates imbalances using multiple points, and the language
would allocated the payment based on the amount of the imbalance that a
particular party may have caused.  I think the language is clear as written.
 13. The definition of Act was one of the items that I had requested that you
review and complete as necessary so that all appropriate statutes were
referenced.  I am still waiting for your language.  I started filling it in
using language that had been provided by the City.
 14. I added the word "reasonable".
 15. I have made the requested change relating to GAAAP.
 16. This is a late payment provision and as such a believe that the
provision should be more than a party's rating, as such I have kept the 2%
over prime language.
 17. These amounts were determined by the credit group and any change needs
to be discussed with that group.  BBB-  is considered investment grade and I
understand that Enron Corp.'s rating is BBB.  ENA is not a rated entity and
that is why the language relates to Enron Corp.'s rating.
 18. The elimination of the opinion of counsel did not change the
requirements relating to the representations that we expect the City to have
made.  If the City cannot make these representations, then we need to know
that before we execute the Contract.
 19. I have added the word "reasonable".
 20. The party that has the Transport Agreement with the Transporter should
have the legal right to obtain the information based on its contract.
 21. It is our position that any dispute be arbitrated.  We can agree to
meditation if we can make the outcome binding on the parties.  I am willing
to discuss any changed language that you might care to offer.
 22. We have found that personnel of both our Company and that of our
Customers change so rapidily that the list is not workable and merely allows
a party to back out of transactions it does not like on the basis that the
person who agreed to such transaction was not on the list.  Therefore , we
object to any listing of approved parties who can transact.  We believe that
each party should be responsible for the actions of its employees and should
stand behind any transactions that those parties may enter into pursuant to
the terms and provisions of the Contract.

 I will be out of the office on Friday, but will be in all next week if you
care to discuss any of these matters.

	"Kolling, Grant" <grant_kolling@city.palo-alto.ca.us>
	03/02/2001 03:43 PM

		 To: "'Dan.J.Hyvl@enron.com'" <Dan.J.Hyvl@enron.com>, "Kolling, Grant"
<grant_kolling@city.palo-alto.ca.us>
		 cc: Kim.Ward@enron.com
		 Subject: RE: Enfolio Master Firm Purchase/Sale Agreement

 <<0071988 RESO Enron.doc>>

Dan:

First, I've attached the proposed resolution which authorizes the City
Manager to execute the Enfolio agreement.

More importantly, I need to inform you that our senior management has
reviewed the referenced contract; I have been asked to present additional
changes to the agreement for Enron's consideration and to raise questions
about certain of its terms and conditions.

Let me start from page 1, top to bottom, and proceed to the end of the
exhibits.

1.  There is the word "DRAFT" above the title of the Enfolio agreement which
should be deleted.

2.  The introductory paragraph, line 5, should not contain the words "1st of
January, 2001."  It should be left blank, until the parties have signed the
contract.  Otherwise, the City will be in breach as of the date it signs the
contract, because Article 2, section 2.1 requires the City to proffer the
to-be-approved-by-Council resolution as of 1/1/01.

3.  Article 2, Section 2.4, line 2.  The City (Customer) wants Enron
(Company) to confirm every recorded telephonic Transaction, as defined.
Therefore, the City requests the word "may" should be changed to "shall."

4.  Article 3, Sections 3.1 and 3.2, first sentence:   Buyer's Requested
Quantity refers to the DCQ or MaxDQ.  Seller's failure to Schedule the
Buyer's Requested Quantity shall constitute a Seller's Deficiency Default.
How does a Maximum Daily Delivery Point Quantity fit into a Seller's
Deficiency Default if the Buyer's Requested Quantity does not include a
Maximum Daily Delivery Point Quantity?  What is the reason for the omission?

5.  Article 4, Section 4.1, lines 15 and 23:  Line 23 refers to "reasonable
attorneys' fees" yet line 15 refers to "attorneys' fees."  To be internally
consistent, line 15 should say "reasonable attorneys' fees."

6.  Section 4.1, right hand column, lines 3-4.  A statement showing the
determination of the Termination Payment will be prepared.  It's unclear
whether the City is entitled to review and challenge the determination
before a dispute is referred to arbitration.  The City should be entitled to
receive a copy of the determination and to question it before it is
obligated to pay the Termination Payment.  Please clarify, or permit the
City to exercise these rights.

7.  Section 4.2(iv) specifies that a Triggering Event will exist if a
bankruptcy petition is undismissed within 30 days.  Is this (under
bankruptcy laws) the minimum period of time within which one may seek
dismissal of a bankruptcy petition?  Please refer to the 11 USC section that
backs up this provision, or change to 60 days.

8.  Section 4.2(v) and (vi):  Please change "30 days" to "5 days."  The City
is concerned with the number of days that Enron may be permitted to fail to
Schedule before a Triggering Event is triggered by Enron.

9.  Section 4.2(ix):  this language discusses a default by Enron Corp.
(ENA's parent?), but no mention is made of ENA's default in this regard?
Please explain.

10. Section 4.5, line 4:  Is "a Company" supposed to refer to "the Company"
?

11. Article 5.  The City is uncomfortable with the force majeure provision
as drafted.  It states that the parties must perform even if a FM event
(earthquake) would prevent either or both parties from performing with the
60-day period stated therein.  There is no such limitation under California
law in the absence of a contract provision to the contrary.

12.  Article 7, Section 7.2:  Could Enron translate the last sentence?  We
don't understand it.

13.  Appendix "1":  Act:  Please explain why Section 3 is referred to?

14.  Appendix "1", Claims, line 4:  Please add "reasonable" before
"attorneys' fees.

 15.  Appendix "1", GAAP:  This should read: "GAAP means generally accepted
accounting principles, consistently applied, with respect to Company, and
governmental generally accepted accounting principles, consistently applied,
with respect to Customer."

16.  Appendix "1", Interest Rate:  Please delete "two percent over".  The
City has a AAA bond rating, therefore, the  City believes the 2% over prime
should not apply to it.

17.  Appendix "1", Material Adverse Change:  What does Enron believe the
City's Net Worth to be?  The $400 million threshold is mentioned.  Also,
what is ENA's bond rating?  Is "BBB-" an investment grade rating?

18.  Representations and Warranties:  Because we have agreed that the
opinion of counsel will not be required, the reps and warranties are being
deleted.  But the "Representations and Warranties" is nevertheless included
in the agreement.  Item (i) should be deleted, because the City has not
undertaken a court search as is our custom and practice whenever we issue an
opinion.  We would like to delete "and (vii) it is not ... Party."

19.  Operational Flow Orders, line 8:  Please add "reasonable" before
"attorneys' fees."

20.  Financial Matters, line 8:  What is meant by "to the extent it has a
legal right of access thereto and/or ...etc."

21.  Arbitration, Disputes to be Arbitrated.  We do not as a matter of legal
policy agree to arbitration, but we will mediate disputes.  Is Enron
amenable to mediation?  This process is less formal and less costly in my
opinion.

22.  Authority for Transactions.  Staff would like the Agreement to include
a list of employees for Company and Customer who are authorized to trade on
behalf of their employers.  Could a statement be added to this section to
this effect?  Then, we could attach the list(s) as an Exhibit C.

Thank you so much for considering these issues.  There are others which I
hope to receive from staff next week and which I will forward to you for
response.

Look forward to hearing from you soon.  I will be out of town after today
until Wednesday, March 7.

Sincerely,

Grant Kolling
  -----Original Message-----
  From: Dan.J.Hyvl@enron.com [mailto:Dan.J.Hyvl@enron.com]
  Sent: Tuesday, February 27, 2001 6:16 AM
  To: grant_kolling@city.palo-alto.ca.us
  Cc: Kim.Ward@enron.com
  Subject: Re:  Enfolio Master Firm Purchase/Sale
Agreement

   << File: 2001-002ctr.doc >>
  (See attached file: 2001-002ctr.doc)

  Grant,
       I have incorporated the language you provided to me in
the attached
  document.  I have been informed by the Corporate Secretary's
office that
  they will issue a Certificate of Incumbency showing that the
person
  executing the contract for ENA is authorized to execute
contracts for ENA.
  No other party signs as to form or terms, however, the
officer executing
  for ENA will require that the deal person and I initial on
the line next to
  his signature.  I have reviewed the proposed draft
resolution.  ENA will
  accept the enacted resolution and will not require that the
City Attorney
  issue an opinion.  If the attached contract is acceptable,
please print off
  2 originals, have them approved, signed and forward to me
for ENA's
  approval and signature.  Once the contract is fully
executed, I will return
  one fully executed original to you for the City's file.

 - 0071988 RESO Enron.doc


UserName: CAMPB54792

You have an electronic trade confirmation in your Inbox.  To retrieve your
trade confirmation you may login to Datek Online and choose Document Delivery
from the Account Services menu, or you may click on the link below:

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Here is the response from India, regarding the need to seek competition
authority approval.  As you will see, Jane's response focusses on registering
agreements, but her conclusion is that the focus would be at the Foreign
Investment Board.  Let me know if you need more.  mcs
-------------------- Forwarded by Mark Schroeder/LON/ECT on 04/06/2000 15:59
---------------------------

Jane Wilson@ENRON_DEVELOPMENT
04/06/2000 23:08
To: Mark Schroeder@ECT
cc:

Subject: Restrictive and Unfair Trade Practices.

Nothing that I see on basic market power.  I think they would focus on the
FIPB requirements.

S.33 Registrable agreements relating to restrictive trade practices.  (1)
Every agreement falling within one or more of the following categories shall
be deemed, for the purposes of this Act, to be an agreement relating to
restrictive trade practicews and shall be subject to registration. . .:

(a) agreement which restricts or is likely to restrict, by any method the
persons or classes o fpersons to whom goods are sold or from whom goods are
bought.
(b) any agreement requiring a purchaser of goods as a condition of such
purchase to purchase some other goods.
(c) any agreement restricting in any manner the purchaser in the course of
his trade from acquiring or otherwise dealing in any goods other than those
of the seller or any other person.
(d) any agreement to purchase or sell goods or to tender for the sale or
purchase of goods only at prices or on terms or condtions agreed upon between
the sellers or purchasers;
(e) any agreement to grant or allow concessions or benefits, including
allowances, discounts, rebates or credit in connection with, or by reason of
dealings.
(f)` any agreement to sell goods on condition that the prices to be charged
on resale by the purchaser shall be the prices stipulated by the seller
unless it is clearly stated that prices lower than those prices may be
charged.
(g) any agreement to limit, restrict or withhold the output or supply of any
goods or allocate any area or market for the disposal of the goods.
(h) any agreement not to employ or restrict the employment of any method,
machinery or process in the manufacture of goods.
(i)  any agreement for the exclusion from any trade association of any person
carrying on or intending to carry on, in good faith the trade in relation to
which the trade association is formed.
(j) any agreement to sell goods at such prices as would have the effect of
eliminating competition or a competitor
(j(a)) any agreement restricting in any manner, the class or number of
wholesalers, producers or suppliers from whom any goods may be bought
(j(b)) any agreement as to the bids which any of the parties thereto may
offer at an auction for the sale of goods or any agreement whereby any party
thereto agrees to abstain from bidding at any auction for the sale of goods.
(k) anyu agreement not hereinbefore referred to in this section which the
Central Government may by notification specify for the time bein g as being
one relating to a restrictive trade practice within the meaning of this
sub-section.
(l) any agreement to enforce the carryng ou to fany such agreement as is
referred to in this subsection.


Sally, Brent, Shona,
This morning we had two problems:
One related to EIs numbers and the other relates to Portland.  Clara talked
to Susan regarging International's problem.  Susan said they should have
caught the incorrect commodity curve load but did not.  Clara is forwarding
an e-mail regarding Portland.
Sheila
---------------------- Forwarded by Sheila Glover/HOU/ECT on 09/05/2000 11:46
AM ---------------------------

Clara Carrington
09/05/2000 11:23 AM
To: Sheila Glover/HOU/ECT@ECT
cc: Joyce Kuo/NA/Enron@Enron, Scott Mills/HOU/ECT@ECT, Susan
Smith/HOU/ECT@ECT
Subject: CASH FLOWS FROM EI-GNS-GAS-PRC

Infinity showed a $19 MM notional curve shift change in the EI-GNS-GAS-PRC
commodity book for 9/1/00.  This change caused a (10,200) PV01 affect on the
trader's sensitivity report.  After talking with Susan in EI, it was brought
to our attention that the Bolivian curve was loaded incorrectly on Friday,
due to a change in EI's curve upload process.   This change resulted in the
Bolivian curve loading throughout 2012, when it actually goes out to 2019.
The incomplete curve caused  infinity to get bad cash flows.

As a result, we had to re-do PDH reports this morning.  Final reports were
given to traders at 9:00 am.

Clara


Having fun yet?
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/07/2001 04:45
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/10/2001 05:10:41 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "'ben.f.jacoby@enron.com'" <ben.f.jacoby@enron.com>,
"'f_mitro@hotmail.com'" <f_mitro@hotmail.com>, "'fred.mitro@enron.com'"
<fred.mitro@enron.com>, "'kathleen.carnahan@enron.com'"
<kathleen.carnahan@enron.com>, "Keffer, John" <JKeffer@KSLAW.com>

Subject: Closing Checklist

 <<2RR404!.DOC>>

Kay:

An updated closing checklist for the ENA / SEL transaction is attached.

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

Enclosure: 129280v4

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

 - 2RR404!.DOC


This is SDG&E's facilitation proposal.  Comments are due tomorrow, 8/1.  The
only thing that looks concerning to me is the attachment to the advise
letter, page 4, paragraph f, which talks about an obligation to serve any
customer within the designated group that is willing to post a 3-month
security deposit.  As our group is now defined in the advice letter as 20 kW
and above, we may want to either suggest further segmentation of the group or
other criterion for our acceptance.

---------------------- Forwarded by Mona L Petrochko/SFO/EES on 07/31/2000
05:57 PM ---------------------------

"Clay, Lora" <LClay@SDGE.com> on 07/28/2000 02:26:08 PM
To: "'andrew.madden@utility.com'" <andrew.madden@utility.com>,
"'asinger@newenergy.com'" <asinger@newenergy.com>, "'athomas@newenergy.com'"
<athomas@newenergy.com>, "'dan.lieberman@utility.com'"
<dan.lieberman@utility.com>, "'dviner@newenergy.com'" <dviner@newenergy.com>,
"'erosenblatt@amdax.com'" <erosenblatt@amdax.com>, "'jleslie@Luce.com'"
<jleslie@Luce.com>, "'jsmollon@newwestenergy.com'"
<jsmollon@newwestenergy.com>, "'lmiles@amdax.com'" <lmiles@amdax.com>,
"'mpetroch@enron.com'" <mpetroch@enron.com>, "'mvondle@sel.com'"
<mvondle@sel.com>, "'rick.counihan@greenmountain.com'"
<rick.counihan@greenmountain.com>, "'smirich@enron.com'" <smirich@enron.com>,
"'tdarton@amdax.com'" <tdarton@amdax.com>, alvisopacific@aol.com,
andrew.madden@utility.com, aolutility@yahoo.com, asinger@newenergy.com,
athomas@newenergy.com, bdavis3296@aol.com, blunden@gmer.com,
bpotter@essential.com, cbmartin@newenergy.com, ccleisgang@powercomenergy.com,
charles.jacobini@acnenergy.com, chris.king@utility.com,
cssmis@tampabay.rr.com, dbcpa@gte.net, dbenevid@enron.com,
dcurtis@cleanearth.com, ddyc@go-green.com, eglpwr@gte.net,
ehornquist@sempra-slns.com, emonca@emon.com, glpatervin@aol.com,
gmbr@dynegy.com, gpickering@idahopower.com, Jeffery_T._salway@aep.com,
jmolinda@sel.com, jsmollon@newwestenergy.com, jwinfield@nicomnet.com,
mark_allen@iep.illinova.com, gphillip@enron.com, marsha@tenderland.com,
max.alin@ci.seattle.wa.us, merilyn_ferrara@apses.com, nhetrick@enron.com,
nicomnet@pacbell.net, nsloder@newwestenergy.com, pantrim@deltanet.com,
paula.green@ci.seattle.wa.us, pjeff@smartenergy.com, poshideri@aol.com,
rich.menar@southernenergy.com, rick.counihan@greenmountain.com,
rpatterson@coral-energy.com, rradmer@cleanenergyservice.com,
rrodgers@eenergy.com, rschlanert@electric.com, russ_koehler@yahoo.com,
sebaca@sprynet.com, tbowers@friendlyenergy.com, tdoughert@sel.com,
tezi@webtv.net, tjon@dynegy.com, trush@utilisource.com, wdale@amdax.com
cc: "Sakarias, Wayne P." <WSakarias@SDGE.com>, "Brill, Thomas R."
<TBrill@sempra.com>, "Parrott, Jeff" <JParrott@sempra.com>, "Osborne, Al -
TPAXO" <AOsborne@socalgas.com>, "Clay, Lora" <LClay@SDGE.com>, "Patterson,
Allison" <APatterson@SDGE.com>, "Acuna, Teresa G." <TAcuna@SDGE.com>
Subject: SDG&E AL 1242-E - Customer Choice Facilitation Program

Attached to this letter is an advice letter filed on behalf of SDG&E last
Thursday seeking authority to implement a "Customer Choice Facilitation
Program." The intent of this filing is to educate customers as to specific
electricity commodity procurement options that are available to them from
third parties which may help them better manage their energy costs, and to
make it easier for ESPs to make these options available to customers. A
brief description of this program is set forth below, but if you are
interested, we urge you to review the program details, which are set forth
in the attached advice letter.
As you will note, the proposed Customer Choice Facilitation Program will be
initiated by SDG&E notifying ESPs registered with the Commission as well as
ESPs with signed contracts with SDG&E of this program by informational
letter. This notification will be provided within approximately one week
after the filing of this Advice Letter to maximize the ability of ESPs to
qualify for participation in this program. Through this notification, ESPs
will be advised that, should this program be authorized by the Commission,
in order to participate they will need to: (1) demonstrate compliance with
the service establishment requirements of SDG&E electric Rule 25 (D)
including EDI compliance in the areas of DASR processing/consolidated
billing options, (2) agree to participate in the payment of program costs,
and (3) have a contract with a certified scheduling coordinator.
ESPs who desire to participate in the program will be required to send
written confirmation of their intent to participate and proof of compliance
with the participation criteria within four weeks after the informational
letter is mailed. At the end of the four week period, SDG&E will send to
participating ESPs a letter requesting that they: (1) describe in writing,
in reasonable detail, energy procurement or service offers they desire to
make to SDG&E customers, sign a program participation agreement, and pay
their share of program costs. ESPs will have two weeks to provide SDG&E with
the foregoing. SDG&E will then facilitate the compilation and communication
of these offers to customers through bill inserts for small customers and
direct mail to large commercial customers, supported by various types of
media advertising. Customer elections to switch energy procurement to ESPs,
and the switch itself, will be streamlined to the extent permissible without
compromising established consumer protections.
We hope that this program will be beneficial to both customers and ESPs that
offer customers attractive electricity procurement options. It is important
that customers be empowered to exercise control over their energy costs and
that ESPs have an opportunity to inform customers of the services they are
willing to offer.
If you have any questions concerning the advice letter or the program,
please do not hesitate to contact Dawn Osborne at 858 654-1275 or Lora Clay
at 858 654-1787.
 <<SDGE_AL.pdf>>

Lora Clay
Strategic Lead - ESP Relations
Phone:    858 - 654-1787
Pager:    888 - 826-6916
Fax:       858 - 654-1794
E-Mail:  lclay@sdge.com

 - SDGE_AL.pdf


---------------------- Forwarded by John J Lavorato/Corp/Enron on 11/01/2000
07:24 AM ---------------------------

Monica Lande@ECT
10/31/2000 11:44 PM
To: Chris Abel/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Kimberly
Hillis/HOU/ECT@ect, Stacey W White/HOU/ECT@ECT

Subject: Preliminary West DPR

Chris,

We will not be able to publish a preliminary DPR or position report for
10/31.  Port Calc has suffered a serious code crash, and the numbers
generated are erroneous.  Our IT support will be working through the night to
repair the code (Zhiyong's group), and hopefully by tomorrow morning we will
be able to rerun an official book.

If you have any questions, please feel free to call.

Thanks,
Monica Lande
834-3722


Clement,  Attached is a form of guaranty by Enron Corp. for ECS Compression
Services Company, LLC.  (ECC).  ECC is owned approximately 9% by Enron
Compression Services Company (a 100% owned ENA subsidiary).  The form has
been reviewed by Continental Divide Electric Cooperative, Inc. (the
Counterparty) and they are OK with it.  Please review and let me know if you
have any questions.  If everything looks good, please obtain execution.

Thanks for your help.


Kim prepared this analysis of historical San Juan/SoCal prices.  Please give
me a call to discuss.

C


Start Date: 3/8/01; HourAhead hour: 24;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030824.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_WATER
  ENGY_TYPE: FIRM


Saw you were responsible for getting PA, etc. done with VEPCO.  Woody and I are willing to step in or help carry some water if you would like.  By the way, are you including Dominion's unregulated arm with that?

Let me know.  Thanks!

Terry


Mark,

Hello, my name is Zach Streight and I am working in Brad Richter's group trying to monetize DealBench.   We need to add a legal disclaimer to the front of our pitch book and Brad suggested I contact you.  He thought you probably would have some standard ones on file that we could use.  If you wouldn't mind letting me know if and when you could put something together for me I would greatly appreciate it.

Thanks
Zach
39425


Member Services
Notice No. MS-15
March 2, 2001

COMMODITY EXCHANGE, INC.

SWITCH OF GUARANTEE

Please be advised that effective immediately, March 2, 2001, Joseph Grundy
(GRUN-7633) will no longer be guaranteed by Spear, Leeds & Kellogg.  However,
Mr. Grundy will remain a member guaranteed by SMW Trading Company, Inc.

In connection therewith, notification of any claims against the
aforementioned individual arising out of transactions executed on the
Exchange up to the close of business on March 2, 2001, must be submitted to
the Corporate Secretary's Office within ten (10) days.

Inquiries regarding the above should be directed to the Member Services
Department at (212) 299-2370.

SWITCHES OF STATUS

Please be advised that effective immediately, March 2, 2001, Andrew Furman
(FIRM-4567) will switch his status from an option member to a full member.
However, Mr. Furman will remain a member guaranteed by MBF Clearing
Corporation.

Be advised that effective immediately, March 2, 2001, Michael Amdur
(TBON-6151) will switch his status from a full member to an option member.
However, Mr. Amdur will remain a member guaranteed by MBF Clearing
Corporation.

Inquiries regarding the above should be directed to the Member Services
Department at (212) 299-2370.

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(MS-15)"

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


Make sure TJ puts on my calender.

 -----Original Message-----
From: 	Braddock, Billy
Sent:	Monday, June 11, 2001 12:33 PM
To:	King, Jeff; Baughman, Edward D.; Presto, Kevin M.
Subject:	TVA Meeting, Wednesday June13, 1:15pm, EB3125b

TVA will be in town on Wednesday and wants to meet with us that afternoon.  John Porter (LT trader) and his boss, Stuart Goza, will be attending.  There is no specific agenda.  The meeting should only last about 30 minutes.

Billy


only works for gen and dataintervals of hourly and realtime at the moment.

EXEC sp_AB_GetData
	@DataClass = 'gen'	,
	@DataCode = 'sd3'	,
	@StartDate = '1 FEB 2001'	,
	@EndDate 	= '1 MAR 2001'	,
	@HourType 	 = '7x24'	,
	@DataInterval = 'hourly'


The conventional wisdom around ERCOT is once direct assignment of the CSC congestion costs takes place, then flowing across the CSC does have a cost and those who schedule across will be more judicious.  The second assumption is that the stakeholders chose the wrong limiting element to be the monitored constraint.  90% of the congestion charges can be attributed to that wrong "element".  If direct assignmnet of the congestion and/or designating the correct limiting element are not feasible and ERCOT continues to see very large congestion it will move to an LMP model.  John Meyer, Shmuel Oren and most parties would agree with that.  This year will be very telling.

It would be worthwhile the coordinate with John prior to RTO week.

-----Original Message-----
From: Steffes, James D.
Sent: Mon 10/8/2001 10:06 AM
To: Twiggs, Thane; Nicolay, Christi L.; Novosel, Sarah; Shapiro, Richard
Cc: Robertson, Linda; Ryall, Jean
Subject: RE: FERC Looking at ERCOT

Thanks for the info.  Please stay closely linked with the RTO Week activities to try and read Wood's questions.

Also, John Meyer from Reliant is testifying.  What will be his position?  Should we talk with him this week to coordinate and try and move him the right way?  Wasn't he the head of Congestion Management in ERCOT originally?  I think this is Wood trying to ask him how ERCOT works.  What will he say?

Thanks,

Jim

-----Original Message-----
From: Twiggs, Thane
Sent: Monday, October 08, 2001 9:27 AM
To: Steffes, James D.; Nicolay, Christi L.; Novosel, Sarah; Shapiro, Richard
Cc: Robertson, Linda; Ryall, Jean
Subject: RE: FERC Looking at ERCOT

Here are a couple of clarifying points:

The congestion charges that have been incurred are 55.6 million or 137 million depending on the methodology used to calculate the charge.  If you look purely at the scheduled MWs then it is 137 MM based upong the ERCOT protocols.  The actual cost to redispach and clear congestion as of Sept. 22, 2001 was 55.6 MM.  Both obviously are very high considering it is for one month of operation.
When the 20 MM trigger was hit August 14, 2001, ERCOT has 6 month by Protocol and reaffirmed in the commission order to implement the full zonal model.  This means that there will no longer be an uplift of interzonal congestion, rather a direct assignment of the charge.  The charge may be partially offset by the TCR that will be auctioned.  The PUCT has indicated an interest to move to direct assignment prior to the development and implementation of a TCR instrument as a hedge.  I am chairing the congestion management working group that is deciding the TCR issue and will be dealing with the local congestion issues when that trigger has been hit.
It would be difficult to know if Pat Wood will try to push the ERCOT congestion management model as the model of choice.  The staff and Brett Pearman have been in favor of a movement to an LMP model as a fall back position initially, but have been more concerned with retail acess as of late rather than the ERCOT congestion.

-----Original Message-----
From: Steffes, James D.
Sent: Sun 10/7/2001 12:53 PM
To: Nicolay, Christi L.; Novosel, Sarah; Shapiro, Richard; Twiggs, Thane
Cc: Robertson, Linda
Subject: RE: FERC Looking at ERCOT

Thane --

Based on Wood's statements while at the PUCT, what issues will most likely drive his choice of a congestion management model?  My understanding is that Shumel Oren is on the panel at FERC, has he said anything recently that would argue that ERCOT may not be effective?

Finally, what are the minor changes to the ERCOT protocols to overcome the current obstacles so that if adopted we could use across the country?

Jim

Jim

-----Original Message-----
From: Nicolay, Christi L.
Sent: Fri 10/5/2001 12:22 PM
To: Steffes, James D.; Novosel, Sarah; Shapiro, Richard; Twiggs, Thane
Cc: Robertson, Linda
Subject: RE: FERC Looking at ERCOT

Pat Profeta of Northridge Assoc. (Entergy's congestion management consultants) told me this too and said that Michael Schnitzer of Northridge has been asked to be on the congestion management panel for RTO week.  Michael is a strong advocate of the "SPP cornerstones" that are largely the basis of the "LMP/financial congestion hedge" model (initial model!) advocated in the SE RTO mediation report.  They are going to contact Thane to get more information about ERCOT -- they recognize that ERCOT has some problems.

 -----Original Message-----
From:   Steffes, James D.
Sent:   Friday, October 05, 2001 10:38 AM
To:     Novosel, Sarah; Shapiro, Richard
Cc:     Nicolay, Christi L.; Robertson, Linda
Subject:        RE: FERC Looking at ERCOT

Agreed.  In fact, my understanding is that the ERCOT protocols state that if congestion is greater than $20 MM / year the model would change.  The market has reached $100 MM.

Jim

 -----Original Message-----
From:   Novosel, Sarah
Sent:   Friday, October 05, 2001 10:27 AM
To:     Shapiro, Richard; Steffes, James D.
Cc:     Nicolay, Christi L.; Robertson, Linda
Subject:        FERC Looking at ERCOT

This is just a rumor we're hearing, but we heard that FERC wants someone who knows ERCOT congestion management on the congestion management panel for RTO Week  because FERC (presumably Pat Wood) wants to use the ERCOT congestion management system as the standard CMS throughout the country.  From what I know about ERCOT (which isn't much and I have a call in to Thane to get an update), this wouldn't be a good thing for us.  We'll keep you posted.


To whom it may concern:

I've requested Enpower access for one of our new Real Time traders - John C. Anderson - three times now. In addition, Chip Cox in the Portland IT department has attempted to gain him access to the necessary applications, to no avail. It is imperative that Casey Anderson receive access to Enpower in the very near future, as he is still unable to perform necessary functions of his job after having been here three weeks.

Please let me know when I can expect these e-requests to be filled, as I have already received e-mails saying they have been granted.

Thank you for your attention to this matter.

Kate Symes
Real Time Trading Support
503-464-3939


The marathon-ashland deal has been added.

Julie


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Jerry and Marguerite:

In connection with the above-referenced matter, I am attaching for your
review a draft Escrow Agreement.  Please provide us with any comments that
you may have at your earliest convenience.

Regards,

Marisa Reuter

 <<2X_203!.DOC>>

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

 - 2X_203!.DOC


Mark:
Please see the enclosed draft product description and auction procedures.

Carol
----- Forwarded by Carol St Clair/HOU/ECT on 05/22/2000 02:10 PM -----

	Gaurav Babbar
	05/22/2000 02:05 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Elizabeth Sager/HOU/ECT@ECT
		 Subject: documentation

Carol,

I am sorry if did not send this to you earlier, but please find attached a
copy of the insurance policy, draft product description, and draft on-line
auction instructions.

Let me know if you need any other information.

Regards

Gaurav Babbar.


Guys,
Just a reminder, tonight (01/18/01)we have length in the EPE system at PV, 9
mws for HE 23 and 4 mws for HE 24.  This mw total may be revised depending on
ST-SW, but you will likely need to sell this energy.  Be on the look out for
more emails(they would say 'final' amount if I need to change anything).
Please send me an email with the prices and the schedule.

Thanks.
Bill


Thanks, Jeanne.

Just to be clear (since we had a bit of a different take last Friday in the meeting that Jim and Sue and I had with Mike).  Mike's take was that we'd be addressing just about everything under the sun, including why we think that hearings are necessary.  This takes a much narrower approach.  Just want to make sure that we're all on the same page.  I understand that Mike was travelling yesterday and the first part of today.  Likely makes sense to have a call this PM to make sure out ducks are all in a line.  Thanks again.

Best,
Jeff

-----Original Message-----
From: JBennett [mailto:JBennett@GMSSR.com]
Sent: Tuesday, November 06, 2001 10:19 AM
To: Jeff Dasovich (E-mail); Sue Mara (E-mail)
Cc: MDay
Subject: Prehearing conference Statement -- November 7, 2001

Sue and Jeff --

After reviewing ALJ  Barnett's Ruling again, it appears that the PHC
statements are restricted to which of the four areas he as identified for
discussion should go to hearing and why.  Attached is an outline of what we
are thinking of putting in for Enron. Please circulate to any one you think
needs to see it at Enron and provide input as soon as you can.

 <<X29077.DOC>>

Jeanne


I agree - wrong connotation - I meant that it is the closest thing to actually filing testimony.  I also agree that it is preferable.

 -----Original Message-----
From: 	"Dan Watkiss" <dwatkiss@bracepatt.com>@ENRON [mailto:IMCEANOTES-+22Dan+20Watkiss+22+20+3Cdwatkiss+40bracepatt+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, August 22, 2001 3:44 PM
To:	gfergus@brobeck.com; Steffes, James D.; Frank, Robert
Subject:	Re: PNW case

Bob, I disagree that Alternative 2 is the "next best thing" to filing testimony on ripple.  Alternative 2 is the best approach because (as we are pursuing it) we preserve all of our rights and, at the same time, preserve the possibility that this case will go nowhere.

Jeffrey D. (Dan) Watkiss
Bracewell & Patterson, LLP
2000 K St., N.W.
Suite 500
Washington, D.C.   20006-1872
(202) 828-5851
dwatkiss@bracepatt.con
jdwatkiss@aol.com

>>> "Frank, Robert" <Robert.Frank@ENRON.com> 08/22/01 04:28PM >>>
Jim wanted the advantages/disadvantages of the ripple options noted in
my memo.  Here's my take:

Alternative 1 - File "ripple" refund claim
Advantages: (1) testimony goes in record and is available for
briefing/argument;(2)procedural risks are minimized.
Disadvantages:  (1) implicitly undermines primary position that refunds
are unjustified; (2)witnesses are available for cross-examination; (3)
ALJ may reject depending on ruling on proposed order.

Alternative 2 - File "offer of proof" showing ripple claims
Advantages: (1)next best thing to testimony; (2) keeps burden and focus
on initial claimants', (3) only marginally compromises procedural
position if ALJ accepts proposed order.

Gary/Dan - do you agree? Comments?

**********************************************************************
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.
**********************************************************************


Daren - Have you had a chance to check this out?  I know you are busy.  At
least we can get a head start on May.

- Aimee
---------------------- Forwarded by Aimee Lannou/HOU/ECT on 04/25/2000 12:10
PM ---------------------------
   Aimee Lannou                04/24/2000 01:03 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Pat Clynes/Corp/Enron@ENRON
Subject: Meter #1591 Lamay Gaslift

Daren - Meter 1591 has never flowed the entire nom.  This meter is has been
over nominated.  It has had a nom of 1.000/day (429.000 total mmbtus) since
1/28/99 and has flowed only 11.692.  Am I correct to say that this meter
needs a lower nom?  Please let me know if I should look out for a lower nom
in May.  Pat seems to think this may be affecting the P/L for April.  We only
have estimates/actuals of zero on 4/1 & 4/2.

Please let me know if this makes sense.

- Aimee
---------------------- Forwarded by Aimee Lannou/HOU/ECT on 04/24/2000 12:50
PM ---------------------------

	Enron North America Corp.

	From:  Pat Clynes @ ENRON                           04/24/2000 12:43 PM

To: Aimee Lannou/HOU/ECT@ECT
cc: Daren J Farmer/HOU/ECT@ECT
Subject: Meter #1591 Lamay Gaslift

Aimee,
Please check meter #1591 Lamay gas lift.  It doesn't appear to have very much
flow and the
BAV is showing the nom volume.  This could be adversely affecting the risk
numbers.  Pat


Iris,

Did you receive the documentation from  Ben?  I
could not open his attachment.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/04/2001
03:25 PM ---------------------------

Ben Parsons
04/04/2001 09:19 AM
To: Iris Mack/ENRON@enronXgate @ ENRON
cc: Vasant Shanbhogue/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Scott
Salmon/EU/Enron@Enron, Bryan Seyfried/LON/ECT@ECT
Subject: RE: Enron Credit Model Docs

Iris

I'll leave this question to Vince, Vasant and Bryan as they have more
experience of Duffie and what he'll be expecting.

Ben

From: Iris Mack/ENRON@enronXgate on 04/04/2001 09:05 CDT
To: Ben Parsons/LON/ECT@ECT
cc: Vasant Shanbhogue/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Scott
Salmon/EU/Enron@Enron, Bryan Seyfried/LON/ECT@ECT, Nigel Price/LON/ECT@ECT,
Tomas Valnek/LON/ECT@ECT

Subject: RE: Enron Credit Model Docs

Hi Ben,

Thanks for your email.

I will take a look at the information you forwarded to me.

What type of "product" is Professor Duffie expecting - an annotated
bibliography and/or some analysis with a comparative study of the models,
etc.?

Regards,
Iris

 -----Original Message-----
From:  Parsons, Ben
Sent: Wednesday, April 04, 2001 8:48 AM
To: Mack, Iris
Cc: Shanbhogue, Vasant; Kaminski, Vince; Salmon, Scott; Seyfried, Bryan;
Price, Nigel; Valnek, Tomas
Subject: Enron Credit Model Docs

Iris

Vasant informed me that you would be helping the quant efforts of Enron
Credit, with the first job to be compiling model documentation to be sent to
Darrell Duffie. I've attached below a pretty complete set of current docs we
have produced, in no particular order:

Nigel's doc on FMC curve generation (he claims it is out of date now though):

FMCMATHS.DOC

My doc on general theory we're using for pricing and default probability
generation:

CREDIT PRICING 2.1.DOC

My doc on asset swap calculation (there is one error to correct)

ASSET SWAP DFIS.PDF

My doc on Placement Model (a second version of the model incorporating
ratings has yet to be documented)

PLACEMENT MODEL 1.0.1.DOC

George's doc on the neural network placement model:

NEURAL NETWORK 1.0.DOC

My doc on the VAR model used for credit:

VAR MODEL 1.0 .DOC

and Kirstee's which preceded it:

CREDITVAR2.DOC

Nigel's doc on the portfolio model used for CDOs and basket trades:

SYNTHETICCDOS.DOC

Katherine's doc on correlations:

CORRELATIONS.DOC

Let me know if you need any more information about these models and their
applications.

Regards

Ben

PS I've had to zip the files up as they were too big:

 << File: CreditDocs.zip >>


Gerald are you good with this?
----- Forwarded by Mark Whitt/NA/Enron on 05/11/2001 09:52 AM -----

	Gerald Nemec@ECT
	05/10/2001 04:36 PM

		 To: Mark Whitt/DEN/ECT@ENRON
		 cc: Barry Tycholiz/Enron@EnronXGate, Paul T Lucci/NA/Enron@Enron, Dan J
Bump/DEN/ECT@Enron
		 Subject: Re: FW: Service Schedule

Mark,  I am fine with this form.

	Mark Whitt@ENRON
	Sent by: Mark Whitt@ENRON
	04/26/2001 12:38 PM

		 To: Tyrell Harrison/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT, Paul T
Lucci/NA/Enron@Enron
		 cc: Barry Tycholiz/NA/Enron@ENRON, Eric Moon/HOU/ECT@ECT
		 Subject: FW: Service Schedule

The Northern Border guys would like to recognize their $500,000 in earnings
associated with  the Kern Capacity that they syndicated in the 3rd Quarter
and make it part of the Master Service Agreement between ENA and Crestone.
This is the document that they proposed.  We should recognize some additional
float given the lag in the payment date.  Gerald can you approve this from a
legal standpoint?

Mark
----- Forwarded by Mark Whitt/NA/Enron on 04/26/2001 11:35 AM -----

	Dan J Bump/ENRON@enronXgate
	04/26/2001 11:04 AM

		 To: Mark Whitt/NA/Enron@Enron
		 cc: Gerald Nemec/HOU/ECT@ECT
		 Subject: FW: Service Schedule

Shark--

As we discussed, see attached service schedule for your (& G$'s) review.

Thx

 -----Original Message-----
From:  Daniel, Shonnie
Sent: Wednesday, April 25, 2001 8:54 PM
To: Bump, Dan J.
Subject: Service Schedule

Dan,  Attached please find the Service Schedule with the changes we discussed
today.  Call with any questions.


----- Forwarded by Tana Jones/HOU/ECT on 10/26/2000 02:22 PM -----

	Dovie Keprta@ENRON COMMUNICATIONS
	10/20/2000 11:37 AM

		 To: Peter Feltman/Enron Communications@Enron Communications, Kara Knop/Enron
Communications@Enron Communications, Paul Finken/Enron Communications@Enron
Communications, Stephen Abbanat/Enron Communications@Enron Communications,
Brad Harris/Enron Communications@Enron Communications, Rex Shelby/Enron
Communications@Enron Communications, David Berberian/Enron
Communications@Enron Communications, Mike Haney/Enron Communications@Enron
Communications, Mark S Palmer/Enron Communications@Enron Communications,
Mathis Conner/Enron Communications@Enron Communications, Jake Staffel/Enron
Communications@Enron Communications
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: NDA process

Group-

Earlier this week, we met Tana Jones (Senior Legal Specialist) and Leslie
Hansen (Legal Counsel) with ENA (servicing ENW) to discuss the process for
executing NDAs.  Leslie will serve as in-house legal counsel for EMS while
Tana will be the Senior Legal Assistant for all documentation such as NDAs.

There are two general forms that ENW uses for NDAs.  The first form is
bilateral and used when both parties are disclosing confidential business
information.  The second is unilateral and more clearly and thoroughly
articulates Enron's interests.  The second form should be used when Enron is
the only party disclosing confidential information.

When you would like to execute an NDA with an outside party, please contact
Tana via email (tana.jones@enron.com) and carbon copy myself, providing the
following information:
 1.  Which form you would like to use
 2.  General description of the confidential information to be shared
 3.  Counterparty's legal name
 4.  Counterparty's address
 5.  Contact name at Counterparty
 6.  How/where to send NDA and appropriate information (fax or email and
number or address).

Regards,

-Dovie


julie-

is that product updating daily for you?  if it isn't we have some term
products for calendar year 2002 or 2003 that wouldn't have to be updated.
let me know if you need those products on your site.

matt


Attached is a copy of GE's proposed warranty language on which I have
highlighted my comments.  If you can review and provide me with feedback
sometime on Monday, I'll consolidate our thoughts and launch back to GE on
Monday so that we can discuss with them on Tuesday.

Re Tuesday's conference call, I spoke to Steve late today about setting the
call for 11:00 am CST which works fine for his schedule but he had not heard
back from Mike.  I'll keep you posted if we are a go for Tuesday.

Scott


I promise I'm not trying to rub it in....actually, I was just going to do the spa thing to give you study time but if you don't need it (and you'd rather go shopping, etc.) let me know and I will forget about it.  I must admit though that an hour long massage sounds wonderful.

Sue

	Enron Capital & Trade Resources Corp.  From:  Julie Gibson <julieg@qualcomm.com>                           04/11/2001 01:38 PM

To:	Susan.M.Scott@enron.com
cc:
Subject:	Re: Spa Schedule

hey susan-

you are so demanding with your spa schedule!  : )  are you rubbing it in, or what??   friday sounds better, because saturday we have  bunch of tentative plans....i'm also not as stressed about the studying factor because i took monday as a vacation day to study, but please do go ahead- the spa treatment sounds wonderful!  so anytime friday works great for me....

julie

At 01:33 PM 4/11/2001 -0500, you wrote:
Hey Julie,

Just wondering if you had any preferences regarding the spa times I emailed
you yesterday.  If you get a chance let me know and I will go ahead and
make a reservation.

Ciao,
Susan


this announcement has not gone out for that reason.  we have had a number of
discussions about it since this was drafted and there seems to be some
concern about it being inside one of the business units since it is supposed
to handle investments across the company and would be bringing the EBS assets
with it.  your suggestion that it might report to andy has some merit, but
there may be other options.  what would you think if we established an
investment committee consisting of me, rice, and delainey and made garland
responsible to that group.  we would have all of the relevent business units
represented and the p&l would ultimately be allocated to the one in which the
investment originated.  do you think that would work?  it might go a long way
to satisfying all constituents.

From: Mark Frevert/ENRON@enronXgate on 06/06/2001 03:17 PM
To: Greg Whalley/HOU/ECT@ECT
cc:
Subject: RE: Draft of Organizational Announcement

I Shouldn't Kevin report into the OTC for wholesale as we discussed?  Mark
 -----Original Message-----
From:  Whalley, Greg
Sent: 04 June 2001 12:21
To: Frevert, Mark
Subject: FW: Draft of Organizational Announcement

---------------------- Forwarded by Greg Whalley/HOU/ECT on 06/04/2001 12:19
PM ---------------------------
From: Kevin Garland/ENRON@enronXgate on 06/03/2001 11:08 PM
To: Greg Whalley/HOU/ECT@ECT
cc: Liz M Taylor/HOU/ECT@ECT
Subject: FW: Draft of Organizational Announcement

This has been reviewed by HR and Gene Humphrey.  Please respond with any
comments.  It is intended to go out on Tuesday at noon.  I will have the
reorg group meeting Tuesday morning.

KG

Announcing the Formation of One Corporate Equity Investing Unit

To better develop and manage equity investment opportunities related to our
core businesses, Enron has formed one corporate equity investment unit.  This
new unit, Enron Principal Investments, will combine the existing investment
units of ENA, EBS and Enron Investment Partners.  Additionally, the Enron
Wholesale Restructuring Group will also become part of Enron Principal
Investments.  The strategy of Enron Principal Investments will be to work
with the all the business units of Enron to identify, execute, and manage
equity investments, which leverage the Enron's unique and proprietary
knowledge.   These investments may be in the form of venture capital, LBO's,
traditional private equity and distressed debt positions.

Kevin Garland will serve as Managing Director of Enron Principal Investments,
overseeing all of its activities.  Gene Humphrey, Michael Miller, Richard
Lydecker, and their groups, will join Kevin and his group to form this new
investments unit.

This new investment unit will report to Greg Whalley, in his capacity as an
Enron Policy Committee member.  Please join me in congratulating and
supporting Kevin, Gene, Michael, Richard and the other members of this group
in this effort.

Jeff Skilling


Sharon,

Friday at 10 am is great.

Thanks,

Errol McLaughlin


Ann:
I will do that.  Just to clarify, he will need to sign off on all of the
changes, which I hope I can walk him through.  The only language that I am
concerned about is what I have marked as "under review".  I will copy you on
what i send to him as I will edit your draft to make my changes.  I will be
leaving to go on maternity leave shortly (probably no later than July 14th)
and if for some reason we don't conclude this, Mark Taylor will handle
(713-853-7459)

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

	"Love, Anne" <ALove@talisman-energy.com>
	07/05/2000 03:54 PM

		 To: "'Carol.St.Clair@enron.com'" <Carol.St.Clair@enron.com>
		 cc:
		 Subject: RE: revised Enron Online

Carol, please go ahead and have the 'under review' sections of the draft
read by the Enron Online person for approval, as the remaining comments are
not contentious.
I will send the mark-up to Marketing to see while we await for your reply.

Thank you
Anne Love

-----Original Message-----
From: Carol.St.Clair@enron.com [mailto:Carol.St.Clair@enron.com]
Sent: July 5, 2000 10:59 AM
To: Love, Anne
Subject: Re: revised Enron Online

Ann:
I am faxing to you my remaining comments which I hope we can resolve before
I run this by the Enron Online person for approval.

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

                    "Love, Anne"

                    <ALove@talisman-e        To:     "'Carol St Clair'"
<Carol.St.Clair@enron.com>
                    nergy.com>               cc:     "Paszkiewicz, Ed"
<EPaszkiewicz@talisman-energy.com>, "Sloan,
                                             Jim"
<JSloan@talisman-energy.com>
                    06/29/2000 11:46         Subject:     revised Enron
Online
                    AM

Carol, attached is the agreement with the changes you requested and my
suggested wording to Section 4. I trust I picked up your changes correctly,
as they were not too clear on the fax.

Except for two small changes in 4,(adding the word "on" in line 12, and
changing "confirmed" to "executed" in the last line) I did not make the
changes you faxed on 2(g) or 4 as we require some language to carve out of
those limitaions the information we use for our offer. Please see what I
suggested instead of the wording sent last time.

Trust this will be acceptable and we can attach this to a letter agreement
stating this is the ETA. This will also have to be referenced in the
Password Agreement

 <<Electronic Trading Agreement4 blk 3.doc>>  <<Electronic Trading
Agreement4.doc>>

Regards,
Anne Love
Phone  403-237-1623
FAX     403-231-2871

(See attached file: Electronic Trading Agreement4 blk 3.doc)
(See attached file: Electronic Trading Agreement4.doc)


FYI.  Left him a message.  Will report back when we hook up.

Best,
Jeff


Harry has reviewed the protest, mad a few minor changes, and signed off on
it.  If you have any changes get them to Mike Day by 1:30 PDT.

 <<X23803.DOC>>

Jeanne

 - X23803.DOC


OpenLink Financial

[IMAGE]	[IMAGE]

      HOME| GAS NEWS| EVENTS| JOBS| BUSINESS CENTERS| DIRECTORIES| DATA CENTER  WEDNESDAY, OCTOBER 24, 2001

 	   THIS ISSUE BROUGHT TO YOU BY       Gain exposure to thousands of energy professionals with your company's white papers today. Energy Central, the industry's most comprehensive on-line information resource is gathering white papers for inclusion the newest section of its Research Report Center. Don't be left out - to learn how to submit your white papers, e-mail mjohnson@energycentral.com. http://www.energycentral.com/sections/research/        TOP STORIES     Atlanta Governor Vows Speed in Forming Panel on Gas Deregulation By Matthew C. Quinn, The Atlanta Journal and Constitution, Oct. 23 Gov. Roy Barnes said he wants to "move pretty quickly" in forming a consumer protection task force on the state's troubled natural gas deregulation.     FERC Moves to Create More Flexibility for Firm Capacity Holders in Structuring Capacity Release Transactions Oct. 24 (Btu Watch) The Federal Energy Regulatory Commission (FERC), in a Notice of Proposed Rulemaking, proposed to amend its open access regulations to require that interstate pipelines permit releasing shippers to recall released capacity and re-nominate that recalled capacity at any of the scheduling opportunities provided by interstate pipelines according to the notice and bumping provisions applicable to interruptible shippers.  Special Offer from this Publisher!    Massachusetts Officials Disagree over Allowing Gas Tankers in Boston Harbor By Ralph Ranalli, The Boston Globe, Oct. 23 Acting Governor Jane M. Swift and Boston Mayor Thomas M. Menino still disagree about the safety of allowing liquified natural gas tankers to pass through Boston Harbor, but after a 45-minute meeting yesterday, both reportedly agreed to discuss the issue again.     Press Release     LODESTAR CORPORATION OPENS LONDON SUBSIDIARY AS PART OF INTERNATIONAL EXPANSION PEABODY, MA - October 24, 2001 - LODESTAR Corporation took a major step in its global expansion today with the opening of its first international subsidiary - LODESTAR Solutions Limited -- in London, England. LODESTAR is a leading provider of software solutions to the energy industry.     Caminus Corporation to Report Third Quarter Results on October 30, 2001 New York, NY - October 23, 2001 -- Caminus Corporation, a leading provider of software solutions and strategic consulting services to participants in the competitive energy markets throughout North America and Europe, will be announcing its financial results for the third quarter ended September 30, 2001 after market close on Tuesday, October 30, 2001.      National Energy Policy     Oklahoma Oil, Gas Producers Say Energy Policy Need Is Urgent By Russell Ray, Tulsa World, Okla., Oct. 23 The United States is too reliant on foreign oil, Oklahoma's independent oil and gas producers say.          ADVERTISEMENT    Representatives from the Bush Administration, Congress, FERC, NRC, and state PUCs will come to Wall Street at the Energy Investor Policy and Regulation Conference, December 3-4, 2001, New York City, to outline the future direction of energy policy and regulation. Details for this important event available at http://www.infocastinc.com/energyinvestor.htm         Competition & Deregulation    For reports and related information on this topic visit our Data Center [IMAGE]    Slow European gas liberalisation irks consumers By Stuart Penson (Reuters) LONDON, Oct 23 (Reuters) The European Union started liberalising its natural gas market over a year ago but disenchanted energy consumers say they are still waiting to reap the benefits.     LA Tribune: French Companies Excluded from Opening Up of Spanish Gas Market Oct 23, 2001 - FT World Media Abstracts via Comtex Six companies out of 14 candidates have been selected by the Spanish authorities to participate in the deregulation of the gas sector.      Mergers, Acquisitions & Divestitures     Takeover target Westcoast sells retail assets CALGARY, Alberta, Oct 22 (Reuters) - Westcoast Energy Inc. said on Monday it sold C$385 million ($244 million) of energy retail and services assets to two Canadian buyers as it moved closer to being taken over by Duke Energy Corp.      Gas Pricing/Hubs     Canada natgas rises on U.S. strength, weather CALGARY, Alberta, Oct 23 (Reuters) Spot gas prices in Canada gained on Tuesday because of cool weather in Alberta, higher physicals in the United States and early strength in New York, industry sources said.     NYMEX Hub gas ends down after early rally stalls NEW YORK, Oct 23 (Reuters) NYMEX Hub gas, lifted early by a firm cash and forecasts for cooler weather later this week, ended lower Tuesday, pressured by some profit taking when a morning rally attempt stalled at resistance, sources said.      Drilling/Exploration     City Seeks Input on Oil And Gas Drilling Ordinance Oct 23, 2001 - The Fort Worth Star-Telegram To better regulate a booming industry, city officials will host a round-table discussion Monday on oil and gas drilling.     Saskatchewan Government: Record for Natural Gas Drilling Oct 23, 2001 - M2 Communications Saskatchewan has already broken the all-time record number of natural gas wells drilled in a year, surpassing last year's record of 1,203.      Futures     Nov Futures Slumps on Profit-taking after Hitting 8-Wk High Oct. 23 (Btu's Daily Gas Wire) November natural gas futures settled down 12.6 cents at $2.681 as early buying gave way to selling as those who had recently acquired length in the nearby month chose to shorten those positions and take profits.  Special Offer from this Publisher!     Pipelines     Gas Pipeline Remains Volatile Issue for Some Sherwood, Ore., Residents By Emily Tsao, The Oregonian, Portland, Ore., Oct. 22 NW Natural's proposal to build a 62-mile natural gas pipeline through three counties has cleared another hurdle, and some residents are working to alter the pipeline's path.     Philippines to pick gas line contractor by year end BUENOS AIRES, Argentina, Oct 22 (Reuters) The Philippines will choose by year end the builder of a natural gas pipeline linking Manila and Batangas to the south, where a $4.5 billion gas project recently came on line, the country's energy minister said on Monday.     Khristenko Discusses North European Pipeline in Finland Oct 23, 2001 - Itar-Tass News Agency A special group made up of Russian, German and Finnish specialists will draw up a detailed plan within three or four months, which will outline ways of building a North European gas pipeline, which will go across the territory of Finland, Russian Deputy Prime Minister Viktor Khristenko said on Monday at a press conference on the results of his talks with Finnish Prime Minister Paavo Lipponen.      Rigs     Drilling Activity Decreases in Western Canada Oct 23, 2001 - Resource News International The number of Canadian oil and gas rigs active as of Tuesday, October 23 totaled 330, down from the previous week's 349, according to the Canadian Association of Oilwell Drilling Contractors (CAODC).      General     Limits sought on rules for power shutoffs Oct 23 - Providence Journal As cold weather sets in, an estimated 7,200 families in Rhode Island are without heat because their gas or electricity has been cut off for nonpayment of bills.     Davis Floats Plan To Spend Coastal Grants Oct 23, 2001 - E?Publishing California Gov. Gray Davis (D) released a plan Friday to spend $15.5 million in federal funds on management of the state's coastal resources, including more than $3 million to protect and restore wetlands.      Joint Ventures & Alliances     Iberdrola And Endesa Sign An Agreement Protocol for the Joint Construction of A Regasification Plant in Castellon Oct 23, 2001 - Business Wire Iberdrola and Endesa signed yesterday an agreement protocol so that Endesa will become partner in the development and construction of the regasification plant in Castellon.      Deals/Contracts     Nippon M'bishi buys gas stake in Gulf of Mexico TOKYO, Oct 23 (Reuters) Japan's largest oil refiner Nippon Mitsubishi Oil Corp said on Tuesday it had purchased a stake in the Aconcagua Gas Field in the Gulf of Mexico.      People     ENERGY WEST Announces Edward Bernica as President and CEO  GREAT FALLS, Mont., Oct. 22 /PRNewswire/ ENERGY WEST Incorporated, a gas utility and energy sales company headquartered in Great Falls, Montana, has announced that Edward J. Bernica has been named President and Chief Executive Office of the company, as of October 1, 2001, following the retirement of Larry Geske.      Financial     Enron seeks to soothe investors after stock slump By Carolyn Koo (Reuters) NEW YORK, Oct 23 (Reuters) Enron Corp. sought to assuage investor concerns on Tuesday after U.S. regulators said they were looking into transactions involving the company's chief financial officer and its stock shed more than $10 billion in value over the past week.     SEC Requests Enron to Provide Information on Investment Partnerships By Laura Goldberg, Houston Chronicle, Oct. 23 Shares in Enron Corp. fell almost 21 percent Monday after the company disclosed federal securities regulators asked for details on investment partnerships formerly run by its chief financial officer.      Financial - Results     Houston-Based Conoco Reports $193 Million in Third-Quarter Net Income By Michael Davis, Houston Chronicle, Oct. 23 Conoco blamed its lower third-quarter earnings on weaker oil and gas prices Monday, but the Houston company still soundly beat out Wall Street's lowered expectations and announced a major oil discovery in Vietnam.     Pioneer Natural net drops on lower energy prices DALLAS, Oct 23 (Reuters) Pioneer Natural Resources, an oil and natural gas exploration company, on Tuesday said third-quarter net income dropped nearly two-thirds to $24.6 million on lower oil and gas prices.     RGS Energy profits fall, sees future drop NEW YORK, Oct 23 (Reuters) RGS Energy Group Inc. on Tuesday reported falling quarterly profits and said future earnings would also be below last year's levels as the weakening economy cuts into sales to industrial customers.     CONSOL Q1 net loss on high costs, sees growth NEW YORK, Oct 23 (Reuters) U.S. coal mining and natural gas company CONSOL Energy Inc. on Tuesday reported a first-quarter net loss, reversing a year-ago profit, due to a combination of high coal mining costs and low gas prices.     PS Enterprise profits rise 21 percent NEWARK, N.J., Oct 23 (Reuters) - Public Service Enterprise Group, owner of New Jersey's largest gas and electric utility, on Tuesday reported a 21 percent rise in third-quarter earnings, but the results were near the low end of Wall Street expectations.     Petro-Canada profit falls on lower oil, gas prices CALGARY, Alberta, Oct 23 (Reuters) - Petro-Canada said on Tuesday its third-quarter profit fell 35 percent, a deeper than expected drop that the country's No. 3 oil producer, refiner and gasoline retailer blamed on lower oil and gas prices.     Burlington Resources Reports Net Income Drops to $73 Million for Third Quarter Oct 22 - Houston Chronicle Houston natural gas producer Burlington Resources Inc. said today its third-quarter earnings plummeted, reflecting a steep decline in the price of its main product.      International     Nigeria looks to gas age as oil glitter wears off By John Chiahemen (Reuters) LAGOS, Oct 23 (Reuters) Still reeling from the gloom that followed its short-lived 1970s oil boom, Nigeria is turning to its vast gas reserves as the money spinner of the future.     CNOOC to Invest in Fujian Gas Market Development  BEIJING, Oct. 23 /PRNewswire/ CNOOC Limited announced today that CNOOC, its parent, has signed an agreement with Fujian provincial government on natural gas market development in Fujian.     "Gazprom" Will Put Into Operation Its Largest Post-Soviet Era Project for Production of Gas Oct 22, 2001 - A & G Information Service The official ceremony for the opening of the Zapolyarny gas field, with reserves of 3,3 trillion cubic meters of gas, is planned for October 24.     Iberdrola And BP Carry Off Lion's Share of Algerian Gas Contract Oct 23, 2001 - FT World Media Abstracts via Comtex There were few suprises yesterday in the Spanish government's award of a 25 per cent share of the Algerian gas contract to Spain's four electricity companies Endesa, Iberdrola, Union Fenosa and Hidrocantabrico and to foreign oil groups Shell and BP.     Bernabe Says Ok to Enel's Diversification Into Gas Sector Oct 23, 2001 - FT World Media Abstracts via Comtex Franco Bernabe, former chairman of Italian oil group ENI, has said that he is in favour of the diversification of Italian electricity group Enel into the gas sector following its recent acquisition of a majority stake in Camuzzi, the Italian gas distribution company.     Pipeline to Deliver Gas to Turkey Oct 22 - Associated Press Turkey expects to start receiving natural gas through a new pipeline from Iran by mid-December, officials said Monday.     First Iranian gas to reach Turkey in December 2001 - officials Oct 22 - BBC Monitoring European Iran is expected to start pumping natural gas to Turkey in December of 2001.     ECONOMIC SLOWDOWN Decline in gas use expected, NATION Oct 22 - WorldSources Online Thailand's natural-gas consumption next year is expected to drop from a previous forecast, in line with revisions for lower-than-expected economic growth next year, industry sources say.     Unocal of USA to submit proposal to Bangladesh on gas export to India Oct 23 - BBC Monitoring South Asia - Economic US oil major Unocal is expected to formally submit a proposal to the Bangladesh government soon for construction of a 900m dollar pipeline to export natural gas to India.     Turkmen president proposes Afghanistan gas project to United Nations Oct 23, 2001 - Associated Press Turkmen President Saparmurad Niyazov offered the United Nations to consider the possibility of implementing a gas pipeline project through Afghanistan to Pakistan, a newspaper reported Tuesday.        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you are in big trouble


Congratulations Adam, and welcome to ETS to both of you!!  You guys may not have heard this, but Mike Moran is retiring and I'm taking over for him as general counsel of the ETS organization.  Does this all mean that I'm your lawyer again just like in the old Zond days???  Weird.  Good luck and best wishes!  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/28/2001 04:24 PM ---------------------------

	  From:  Office of the Chairman                           03/28/2001 04:10 PM

To:	All Enron Worldwide
cc:

Subject:	Enron Wind

Effective immediately, Stan Horton, Chairman and Chief Executive Officer of Enron Transportation Services will become Chairman of Enron Wind.  Stan replaces Jim Noles, who is retiring.

Adam Umanoff, currently Managing Director of Enron Wind-Americas, will become President and Chief Executive Officer of Enron Wind.

Herbert Peels, currently Vice President of General Manufacturing for Enron Wind, will become Vice President and General Manager for Enron Wind-Europe.

Tod Lindholm, currently Managing Director of Enron Assurance Services and Information Technology Compliance, will join Enron Wind as Chief Financial Officer.

Please join us in wishing Jim well and congratulating Stan on his additional role, as well as, Adam, Herbert and Tod on their new roles.