Charity gets a time at bat from Enron
Houston Chronicle, 10/03/01
States protest federal involvement in electricity competition, deregulation
Associated Press Newswires, 10/03/01
USA: Enron stock extends recovery with 10 pct jump.
Reuters English News Service, 10/03/01
Nigeria LNG Signs MOUs With Enron, Iberdrola
Dow Jones Energy Service, 10/03/01
Supreme Court Hears Case With High Import For Pwr Mkts
Dow Jones Energy Service, 10/03/01
INDIA: Enron's Indian unit again defaults on interest dues.
Reuters English News Service, 10/03/01
USA: Energy merchant stocks up after Calif. settlement.
Reuters English News Service, 10/03/01
BG India Hopes To Be Operator Of Enron Fields By Oct 31
Dow Jones Energy Service, 10/03/01
Enron sells Indian oil and gas assets to British operator
Associated Press Newswires, 10/03/01
Enron Confirms India Oil, Gas Assets Sale To BG Grp
Dow Jones Energy Service, 10/03/01
BG Group to Buy Enron India Assets for $388 Million (Update4)
Bloomberg, 10/03/01

U.S. Supreme Court Questions Reach of Federal Energy Regulators
Bloomberg, 10/03/01

Enron to Sell Oil, Gas Fields in India to BG Group (Update1)
Bloomberg, 10/03/01

Oct. 3, 2001
Houston Chronicle
Charity gets a time at bat from Enron
By GREG HASSELL
Copyright 2001 Houston Chronicle
When Houstonians gather at Enron Field this week, Barry Bonds' attempt to rack up 71 homers in a single season won't be the only unprecedented feat on display.
Just above the scoreboard that will record any homers Bonds might send screaming out of the ballyard is a sign bearing the United Way logo. It looks ordinary enough, like the dozens of other ads that dot the stadium.
But the last time the Astros played at home, the sign bore Enron Corp. logo. Late last week Enron donated the sign to United Way, which will get the space through the 2002 season. It's the first time a naming rights sponsor of a modern U.S. stadium has donated a major sign to charity.
According to advertisers familiar with rates at Enron Field, the sign is worth about $500,000 a year. Since Enron maintains a small logo on the sign, the actual value of the gift would be less.
"This tells the world that, as powerful as Enron is, they put a lot of stock in what we do," said Jackie Martin, president of the United Way of the Texas Gulf Coast. "That's beyond the power of dollars. It's priceless."
Enron decided to make the gift because it had two signs in the park, including one that reads ENRON FIELD in huge blue letters.
"I looked up there and thought, `This might be a little bit of overkill,' " said Mark Palmer, vice president of Enron's corporate communications. "We could really help one of our community partners if we shared that space up there. For all the great work the United Way does, it makes sense to partner with them."
Name gets a lot of play
Since Enron agreed to pay $100 million for the naming rights, it has reaped a public-relations bonanza.
"When people say they are going to a game here, they say, `I'm going to Enron,' " Palmer said. "That is tremendous for our company."
Because of the stadium's odd dimensions and the tremendous number of home runs hit there, the name Enron Field is famous in sporting circles.
"I was in London, and I overheard a television announcer say, `Big news at Enron!' "Palmer said. "My head just about snapped off, I turned around so fast. Then I realized it was CNN Sports, and they were talking about the stadium."
While Enron's experience shows naming rights deals can give a mighty boost to a corporation's name, the wider world of naming rights deals is embroiled in turmoil these days.
A number of companies that shelled out millions for naming rights are in financial trouble. That includes PSINet Stadium in Baltimore, named for a dot-com turned dot-bomb. It includes Pro Player Stadium in Miami, named for a troubled maker of sports apparel.
The St. Louis Rams play in a dome named after TWA, but the financially trouble airline has been bought out and the dome's name is for sale.
In past naming-rights deals, the heaviest buyers have been high-tech outfits and airlines. Both of those industries are in the toilet now, and it seems unlikely we'll see any big deals coming from those quarters anytime soon.
"It is a period of uncertainty," said Todd Gruen, managing editor of a publication called Naming Rights Deals. "Once we get a handle on where the economy is going, the naming rights industry can find its place as well."
Some deals go sour
But the situation is more serious than merely dollars and cents. In some cities, there has been a backlash against selling names to the highest bidder.
The mayor of Chicago threatened to scuttle a deal to refurbish Soldier Field unless the Bears relented on their demands for naming-rights revenues. The team backed down last week.
In Denver, the Denver Post is refusing to call the new stadium there Invesco Field at Mile High. Instead, it will call it Mile High Stadium -- the name of the legendary abandoned stadium next door. Denver's mayor, who lobbied hard against selling the name to a corporation, applauded the snub.
Does this mean the golden days of naming rights are over? Will the Rockets find a dry well when they go courtin' for a naming-rights partner for their new downtown arena?
"We've seen a leveling off of prices and we'll continue to see a leveling off for the next few years," said Dean Bonham, president of the Bonham Group, which negotiates naming rights deals. "But contrary to some reports, the sky isn't falling. These deals will continue to be sought by corporations, just not with the sense of urgency we've seen in the past."

States protest federal involvement in electricity competition, deregulation
By H. JOSEF HEBERT
Associated Press Writer

10/03/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.

WASHINGTON (AP) - Several states told the Supreme Court the government went too far when it ordered electric utilities to open their power lines to competitors and spurred a movement toward deregulation.
But one of the country's largest power marketers, Enron, argued before the court Wednesday that the Federal Energy Regulatory Commission should have gone even further to help companies like Enron get equal access to power grids.
During the hourlong hearing, the justices gave little indication of how they will decide on a case that could dramatically affect management of the nation's power grids and the future of electricity competition.
At one point, Justice Stephen Breyer said FERC, which regulates wholesale power markets and interstate transmission of power, was being "whipsawed" from both directions.
The commission's 1996 decision, which for the first time required traditional utilities to open their transmission lines to competing power merchants, triggered a movement toward wholesale electricity competition and led numerous states to end monopolies in retail power markets.
But utility regulators in nine states, led by New York, filed suit arguing that the FERC order amounts to a federal agency attempting to regulate retail sales, usurping a traditional state function.
At the same time, Enron's lawsuit charged that FERC violated federal law because it did not require access to transmission lines when utilities continued to keep transmission and retail sales as one operation - as remains the case in many states that have yet to allow competition.
In June 2000, an appellate court essentially upheld FERC's regulation, prompting appeals from both Enron and the state regulators.
"It's an example of where an agency has overstepped its bounds," Lawrence Malone, general counsel for the New York State Public Service Commission, told the justices at Wednesday's hearing. The other states party to the suit are Florida, Idaho, New Jersey, North Carolina, Virginia, Washington, Vermont and Wyoming.
Malone, appearing on behalf of all nine states, argued that FERC's order pre-empts state authority to regulate retail sales and set rates.
"This case isn't about rates," countered Louis Cohen, representing Enron Power Marketing Inc. before the court. "What we're concerned about is getting onto the (grid) system."
Cohen said that under the current access rules a dominant utility in a state that has not moved to competition may still "hog" the lines and keep Enron and similar marketers from moving power across a region.
The Justice Department, representing FERC before the court, argued that the commission only sought to strike a balance between the need to give competitors equal access to power lines and leaving retail market issues to the states.
Edwin Kneedler, deputy solicitor general, told the court that FERC, in his view, could have gone further, as Enron has argued. But, he said, to do so it would first have had to order all utilities to separate retail sales and transmission, something it chose to leave to the states.
The case, which is not expected to be decided until sometime next year, comes at a time of growing concern about electricity competition and power grid reliability in light of recent power problems in California.
About half of the states have taken some steps toward retail electricity competition.
Many power industry experts as well as the FERC commissioners have emphasized that a truly competitive electricity market will be difficult to achieve without smooth and efficient flow of electricity across large regions, if not nationally. And that, argue companies like Enron who want to compete with traditional utilities, will require more open access to transmission.
In an attempt to smooth the flow of power, FERC has embarked on a campaign to establish four large, regional transmission organizations to manage the national power grid. A court decision rolling back some of FERC's authority over open access to transmission lines could affect that effort.
Uncertainty over how far the federal government will be allowed to go in requiring transmission access also could affect state decisions on whether to embrace electricity competition, according to some industry experts.
---
On the Net:
Federal Energy Regulatory Commission: http://www.ferc.fed.us/
Enron: http://www.enron.com/corp/

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

USA: Enron stock extends recovery with 10 pct jump.

10/03/2001
Reuters English News Service
(C) Reuters Limited 2001.

HOUSTON, Oct 3 (Reuters) - Shares of Houston-based energy marketing and trading giant Enron Corp. extended their recent recovery from 3-year lows with a 10 percent gain on Wednesday amid improving investor sentiment toward companies that operate in U.S. wholesale natural gas and electricity markets.
In afternoon trading Enron's stock was up $3.17 at $33.78, in a fifth straight day of gains since closing just above $25 on Sept. 26, its lowest close since October 1998.
However, Enron's stock still shows a loss for the year-to-date of some 59 percent, compared with a decline of about 19 percent for the S&P 500 index, and Enron is trading well below highs of around $90 set in August and September of last year.
"Enron was really beaten up because of several issues and was really oversold, so that's why it continues to recover," said Banc of America Securities analyst William Maze.
The Houston-based company's stock fell sharply in August after the surprise resignation of Jeff Skilling as chief executive officer but the stock had already come under pressure as a result of a disappointing performance by its fledgling broadband business and a stalled power plant project in India.
Maze said Enron was currently benefiting from a realization among investors that wholesale natural gas and power companies would probably suffer less than other sectors if the United States enters a protracted economic downturn.
"It's one of the few sectors that offers some visibility to (earnings) numbers both this year and next year, so there is quite a bit of interest coming back into the group," he said.
Maze said Enron and its peers also got a boost on Wednesday from Edison International unit Southern California Edison's plan to pay its creditors and avoid bankruptcy, even though Enron is not one of SoCal Ed's biggest creditors.
Enron and its peers should also benefit from new Federal Energy Regulatory Commission Pat Wood's commitment to opening up the national power transmission grid, Maze said, while Enron's sale of its Indian oil and gas assets, announced on Wednesday, underscores its commitment to its "asset-light" doctrine.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Nigeria LNG Signs MOUs With Enron, Iberdrola

10/03/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

LAGOS -(Dow Jones)- Nigeria LNG Ltd has signed memoranda of understanding with Enron Corp. and Spanish power company Iberdrola for the sale of LNG volumes from the 4th and 5th production units of its expansion program, NLNG said in a statement released here Wednesday.
Nigeria LNG plans to commence production from the two new units in 2005. However, it needs firm sales agreements accounting for all the production from those units before it will finalize the invesment.
The latest deals bring to 6.5 BCM/year the LNG volume from units four and five already committed. Each of the new production units will have capacity of 4 BCM/year.
Nigeria LNG and Enron had earlier signed an MOU for 1 billion cubic meters per year for the expansion program, also known as NLNG Plus volumes. The second agreement raises Enron's share of NLNG Plus volumes from 1 BCM/year to 4 BCM/year.
Spanish and North American receiving facilities are the primary destinations for LNG shipments to Enron under the new agreement, the statement said.
Iberdrola, which signed an MOU for 1.5 BCM/Year, will receive its shipments at the Spanish receiving terminal of Huelva.
Jean-Francois Capelle, General Manager, Commercial, of Nigeria LNG Limited, said MOUs will soon be signed for the remaining volumes of LNG from these units, and that work had already started on sales and purchase agreements to firm up these contracts. These may be signed by the last quarter of the year.
NLNG commenced commercial operation in October 1999 with its two-unit, 5.9 -million tons per annum Base Project. A third unit of similar design and capacity as the Base Project unit is currently under construction and is scheduled for completion in late 2002.
On completion of the NLNG Plus Project, NLNG will have an overall production capacity of 17 million tons per annum of LNG and 2 million tons per annum of LPG.
NLNG is a Nigerian Joint Venture company whose shareholders are the Nigerian National Petroleum Corporation (49%), Shell (25.6%), TotalFinaElf (15%) and Agip (10.4%).
-By Vincent Nwanma; +234-1-585-0849/775-6185; vinwanma@beta.linkserve.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Supreme Court Hears Case With High Import For Pwr Mkts
By Bryan Lee
Of DOW JONES NEWSWIRES

10/03/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

WASHINGTON -(Dow Jones)- The U.S. Supreme Court Wednesday wrestled with how to interpret the 1935 Federal Power Act in the wake of competitive changes that have swept the $220 billion U.S. electricity sector over the past decade.
The justices heard oral arguments in competing challenges to rules the U.S. Federal Energy Regulatory Commission adopted in 1996 requiring utilities to open their transmission lines to competing wholesale power providers.
The case has great ramifications for congressional debate of electric industry restructuring legislation and FERC's ongoing efforts to promote competition as a surrogate for regulation.
"If you pull the rug out from under (FERC's rulemaking), the implications are enormous," said Vicky Bailey, the U.S. Energy Department's assistant secretary for policy and international affairs. Bailey was a FERC commissioner in 1996 when the rules were imposed.
State regulators argued the commission preempted their authority to regulate power sales at retail, while Enron Power Marketing Inc. (ENE), the nation's largest competitive power provider, maintained FERC failed to assert all the jurisdiction it could under the 66-year-old statute.
FERC's open-access mandate, called Order No. 888, paved the way for competitive wholesale power markets. It also set the stage for a 1999 rulemaking carrying that mandate even further to require utilities to turn control of their power lines over to independent management by regional transmission organizations, or RTOs.
But that sweeping effort to reshape the nation's interconnected power grid under control of a handful of RTOs would be hampered if the court agrees with the arguments of state utility regulators that FERC's rules supplanted authority Congress intended the states to have.
If the court agrees with Enron, FERC would have a much freer hand in carrying out its RTO rulemaking.
At issue is the arcane concept of "bundled" versus "unbundled" retail electricity sales. Congress in 1935 never envisioned that half the states today would have moved to open retail electricity service to competition among utilities and alternative providers.
Until the onset of retail power competition, states regulated wholesale power transmission services "bundled" into the retail transaction as an intrastate transaction. FERC regulated interstate transmission services in support of wholesale sales.
But FERC in Order No. 888 determined that once a state opens its power market to retail competition, then wholesale transmission services in support of the retail sales have been "unbundled," and regulation would shift from the states to the federal government.
FERC's policy call usurped state control of retail power sales that Congress intended in 1935, Lawrence G. Malone, general counsel for the New York Public Utility Commission, told the court.
FERC's assertion of authority over wholesale transmission services in support of unbundled retail sales should be struck down in order to preserve the "bright line" between retail and wholesale power sales Congress established in 1935, he said.
"We now have two hands on the retail wheel and it doesn't work," Malone said, accusing FERC of "overreaching" and "rewriting the law."
But Enron argued that FERC should have asserted authority over all wholesale transmission services, whether retail sales are bundled or unbundled. Allowing states to regulate wholesale transmission associated with retail sales violates the interstate commerce clause and disrupts sales in wholesale power markets, said Louis R. Cohen, the attorney representing Enron.
"Utilities hog these (transmission) facilities for their own use and keep us off the road," Cohen said, employing a highway analogy.
Deputy Solicitor General Edwin S. Kneedler argued on behalf of FERC for the court to uphold Order No. 888, which a lower court last year found was a permissible interpretation of FERC's authority under the law.
In its June 2000 ruling, the U.S. Court of Appeals for the District of Columbia Circuit said FERC's open-access transmission mandate represented a reasonable assumption of authority to remedy "a persistent barrier to the development of a competitive wholesale power sale market."
Nevertheless, Kneedler supported Enron's position by stating that FERC has jurisdiction over transmission in bundled retail rates. Any electricity transmitted on the power grid "is necessarily in interstate commerce," Kneedler said.
The justices actively questioned the three attorneys about the language in the Federal Power Act addressing state and federal jurisdiction over electricity sales.
The questioning seemed designed to determine if FERC erred, as Enron argued, in not asserting authority over all transmission services, or if the commission properly exercised discretion in asserting its authority, as the lower court ruled.
But the questioning didn't provide a clear indication as to how the court will ultimately decide the case.
Justice Antonin Scalia, renowned as being a strict constructionist of statutory language, appeared to argue both sides on the case, depending upon whether he was challenging arguments by Malone for New York or Cohen for Enron.
Justice Sandra Day O'Connor's statements appeared to support Enron's position.
"In 1935, we didn't have these interstate grids," O'Connor said. "Today, with a multi-state grid, it's hard to know how any transmission across the grid is anything but interstate commerce," she said.
At another point, O'Connor asked: "What difference does it make if transmission is bundled or unbundled?"
Lynne Church, president of the Electric Power Supply Association, which represents competitive power providers and supported Enron's case before the court, was optimistic that the court will rule that FERC's authority is expansive.
"I think Enron won," Church said.
"I'm cautiously optimistic we'll get a good result," said Cohen, Enron's attorney.
But Charles Gray, executive director of the National Association of Regulatory Utility Commissioners, called the arguments and the probing by the justices "inconclusive."
No matter which way the court rules, Congress will need to pass electricity legislation to address the divide between state and federal jurisdiction, said Gray, who represents state utility regulators.
"I've learned the hard way not to make judgments based on oral arguments," said Elizabeth Moler, who was FERC's chairman in 1996.
Moler, who now heads the Washington office of Exelon Corp. (EXC), called for the court to side with Enron's argument.
"The world has changed since Order No. 888," Moler said, calling the commission's 1996 jurisdictional call a "fair reading" of the law at the time. "If I was there today, I'd go much further," she said.
-By Bryan Lee, Dow Jones Newswires; 202 862-6647; bryan.lee@dowjones.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

INDIA: Enron's Indian unit again defaults on interest dues.

10/03/2001
Reuters English News Service
(C) Reuters Limited 2001.

BOMBAY, Oct 3 (Reuters) - Dabhol Power Co, the troubled Indian unit of U.S. energy giant Enron Corp , said on Wednesday it has defaulted on interest payments totalling $24 million, the company's second interest default in the past two weeks.
"We have not made interest payments due on September 30 to Indian lenders," a Dabhol spokesman told Reuters.
He said the lenders belonged to a consortium of Indian banks and financial institutions led by the country's largest term lender, Industrial Development Bank of India .
Enron's spokesman told Reuters on September 21 that Dabhol defaulted on interest owed to international lenders, but had not specified the amount.
Some of these payments were also to be made by September 30.
Dabhol's power plant on the western coast of India, built at a cost of $2.9 billion, has been shut since June after its sole buyer, a loss-making local utility, stopped purchasing power and defaulted on payments.
In addition to shutting down the 740 MW first phase of the plant, Dabhol ended work on the almost-completed second phase, which would have increased the capacity to 2,184 MW.
The utility, the state-owned Maharashtra State Electricity Board, had contracted to buy all the plant's output, but later said it didn't need all the power, which it said was too expensive.
Dabhol and the utility are now locked in a legal dispute.
Dabhol has not been earning any revenue since June, and last month requested an unspecified amount from lenders to meet its monthly interest payments.
The Dabhol spokesman said the lenders have still not responded to its request for assistance.
Almost 70 percent of the power plant was funded by debt. Indian lenders, including banks and financial institutions, have lent about $1.4 billion and foreign lenders have contributed the rest.
Of the 30 percent equity, Enron owns 65 percent, the state utility owns 15 percent, with General Electric and Bechtel owning 10 percent each.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

USA: Energy merchant stocks up after Calif. settlement.

10/03/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW YORK, Oct 3 (Reuters) - Shares of energy merchant firms rose sharply Wednesday in early trade after California's second largest utility reached a deal which will allow it to pay off the debt incurred to them for buying power.
Late Tuesday, Southern California Edison, a unit of Edison International , said it reached a deal with state utility regulators that will enable it to develop a plan to pay off creditors. SCE amassed $3.9 billion in debt over the past year buying power, mostly from merchant energy companies.
"I would imagine they are going up on the probability they are going to get paid," said Raymond Moore, an analyst with with Weatherly Securities.
Gainers included Mirant Corp. , which was up 8.63 percent or $1.96 to $24.66; Enron Corp. , up 6.11 percent or $1.87 to $32.48; and Calpine Corp. , up 8.69 percent or $2.15 to $26.90.
The fact that energy merchants are trading at historical lows relative to the Standard & Poor's 500 increase their attractiveness to investors, wrote Salomon Smith Barney analyst Raymond Niles in a research note.
Niles recommends the entire group, which also includes Dynegy Inc. , Duke Energy Corp. , El Paso Corp. , Williams Cos. Inc. and Aquila Inc. . With the exception of Duke, the group was up between 1 and 4 percent.
. (C) Reuters Limited 2001.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

BG India Hopes To Be Operator Of Enron Fields By Oct 31

10/03/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW DELHI -(Dow Jones)- British Gas India Pvt. Ltd., a wholly-owned subsidiary of the U.K.-based oil and natural gas company BG Group PLC (BRG), hopes to become the operator of the Pannna-Mukta oil and gas field and the Tapti gas field located offshore India's western coast by Oct. 31, BG India's Chief Executive Nigel Shaw said Wednesday.
As reported, BG Group earlier Wednesday announced a conditional acquisition of U.S. energy company Enron Corp.'s (ENE) 30% stake in the Tapti and Panna-Mukta fields subject to getting the operatorship of the fields. The acquistion, worth $388 million, will be for Enron Oil and Gas India Ltd.'s entire offshore interests.
"It's clear. If we don't get the operatorship, we will walk away. We are currently in talks with both ONGC and Reliance, the two other partners in Panna-Mukta and Tapti fields," Shaw told reporters at a press conference in New Delhi.
India's state-owned Oil and Natural Gas Corp. (P.ONG) holds a 40% stake in Panna-Mukta and Tapti fields while Reliance Industries Ltd. (P.REL) owns the remaining 30%.
Shaw said the commercially recoverable reserves from Panna-Mukta and Tapti fields have been estimated at 783 billion cubic feet of natural gas and 43 million barrels of crude oil.
The natural gas from Panna-Mukta and Tapti fields will continue to be sold to the state-owned Gas Authority of India Ltd. (P.GAI) if BG becomes the operator.
"The contract with Gas Authority of India will remain for the life of the fields. There won't be any change in the original sales contract," Shaw said.
He added that BG India will try to double the current output from Panna-Mukta and Tapti fields by 2004.
"That will be the best case scenario depending upon the overall domestic demand for oil and gas," Shaw said.
Production from Panna-Mukta and Tapti fields totalled an average of 70 million standard cubic feet of natural gas a day and 8,200 barrels of crude a day in the year to March 31, Shaw added.
-By Himendra Kumar, Dow Jones Newswires; 91-11-461-9426; himendra.kumar@dowjones.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Enron sells Indian oil and gas assets to British operator

10/03/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.

SINGAPORE (AP) - Enron Oil and Gas India Ltd. said Wednesday that it has sold its Indian oil and gas assets to the United Kingdom's BG Group PLC for dlrs 388 million.
Enron Oil and Gas India - a subsidiary of U.S. energy giant Enron Corp. - held a 30 percent stake in the Tapti gas field and Panna-Mukta oil and gas field.
It also held a 62.64 percent interest in a major gas and oil exploration license.
"The sale is subject to completion of arrangement with joint-venture partners," an Enron spokesman said.
He said BG is making arrangements with Enron "to continue as operator."
State-owned Oil & Natural Gas Corp. holds a 40 percent stake in the Panna-Mukta and Tapti fields, while the other 30 percent is owned by Reliance Industries Ltd.
Energy analysts have said Enron Oil and Gas India is likely to have undersold its oil and gas assets.
Earlier this year, the state reportedly bid dlrs 400 million for Enron's Indian oil and gas assets, only to have the bid rejected. Analysts said Enron was unlikely to settle for anything less than dlrs 600 million for its 30 percent stake in the venture.
Analysts say the sale may herald Enron Corp.'s departure from the controversial Dabhol Power Project - India's largest private power plant - of which Enron Corp. has a 65 percent controlling stake.
The dlrs 3 billion Dabhol project has been mired in financial disputes when its main customer, the Maharashtra State Electricity Board, failed to pay several of its bills.
"This is unrelated to Dabhol," the spokesman said, however. "We had expressed an interest (in selling the oil and gas assets) before the Dabhol problems had begun."
(dj/hp-ep)

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Enron Confirms India Oil, Gas Assets Sale To BG Grp

10/03/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

SINGAPORE -(Dow Jones)- Enron Oil and Gas India Ltd., a subsidiary of U.S. energy major Enron Corp. (ENE), confirmed Wednesday that it has sold its Indian oil and gas assets to the U.K.'s BG Group PLC (BRG) for US$388 million.
EOGIL held a total 30% stake in the Tapti gas field and Panna-Mukta oil and gas field and a 62.64% interest in the CB-OS/1 exploration license.
"The sale is subject to completion of arrangement with joint-venture partners," an EOGIL spokesman said. "BG is making arrangements with EOGIL to continue as operator."
State-owned Oil & Natural Gas Corp. (P.ONG) holds a 40% stake in the Panna-Mukta and Tapti fields, while the other 30% is owned by Reliance Industries Ltd. (P.REL).
Energy analysts have said EOGIL is likely to have undersold its oil and gas assets.
Earlier this year, ONGC reportedly bid US$400 million for Enron's Indian oil and gas assets, only to have its bid rejected. Analysts said Enron was unlikely to settle for anything less than US$600 million for its 30% stake in the venture.
The EOGIL spokesman declined to comment on the issue, saying the size of bids reported in the press were "speculative."
The spokesman also declined to comment on reports that ONGC was positioning itself to be operator.
Analysts have said EOGIL's offloading of its oil and gas assets in India may herald Enron Corp.'s departure from the controversial Dabhol Power Project - India's largest private power plant - of which Enron Corp. has a 65% controlling stake.
The US$3 billion Dabhol project has been mired in financial disputes when its main customer, the Maharashtra State Electricity Board, failed to pay several of its bills.
"This is unrelated to Dabhol," the spokesman said. "We had expressed an interest (in selling the oil and gas assets) before the Dabhol problems had begun."
-By Sri Jegarajah, Dow Jones Newswires; 65-415-4066; sri.jegarajah@dowjones.com -0- 03/10/01 09-20G

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

BG Group to Buy Enron India Assets for $388 Million (Update4)
2001-10-03 12:30 (New York)

BG Group to Buy Enron India Assets for $388 Million (Update4)

     (Adds BG closing share price in the fifth paragraph, Enron
shares in the sixth, BG comment in the 15th.)

     London, Oct. 3 (Bloomberg) -- BG Group Plc, the onetime U.K.
natural gas monopoly, agreed to buy Enron Corp.'s oil and natural
gas fields in India for $388 million, its biggest purchase to date
in a bid to fill the nation's growing energy shortage.

     India's gas production fell 11 percent to 1999 from 1997 as
Oil & Natural Gas Corp., the state explorer, made no significant
discoveries in 15 years. Insufficient supplies of gas have hurt
growth in the country's fertilizer and chemicals industries and
hampered upgrading of its power plants, still mostly coal-fed.

     Domestic bureaucracy has already thwarted efforts in India by
Electricite de France and Cogetrix Energy Inc., which have pulled
out, while Enron is locked in a price dispute with authorities.
The government is the sole buyer of gas and power from producers
and the sole seller to distributors.

     ``BG has gotten assets in an undersupplied market for a
reasonable price,'' said Roger Richards, who helps manage $12
billion at Prudential Bache in London. ``True, there's general
concern about the state involvement. But if you get your foot in
the door, stay and work hard, you'll enjoy returns.''

     BG shares fell 2.5p, or 1 percent, to 261p in London. BG
shares over the past year have risen 1.1 percent, while the 11-
member FT-SE All-Share Oil & Gas Index has fallen 9.6 percent.

     Enron shares rose as much as $2.84, or 9.3 percent, to $33.45
in New York.

     The government expects a gas deficit to triple in the next
six years unless new wells are drilled or existing fields expand
sales. BG, with 70 percent of its reserves as gas, is pushing to
sell the fuel in markets from the U.S. to Asia. At Enron, the sale
is part of a drive to end pumping oil and gas and focus on energy
trading.

                       Core Area

     ``The deal crystallizes India as a new core area of
operations,'' said David McManus, a BG executive vice president,
in an interview. ``India's gas demand is expected to grow by half
over the next 10 years, while its gas production is falling. We
aim to bridge this huge gap in some part.''

     The operations include a 30 percent stake in the Tapti gas
field and the Panna/Mukhta oil and gas field, as well as 63
percent of an untapped deposit on the west coast of India. The
assets hold more than 170 million barrels of oil and gas, BG said.

     ``They're supplementing their existing gas business in India
with new reserves,'' said Anthony Eccles, an analyst at Dresdner
Kleinwort Wasserstein in London. ``That justifies the price they
agreed to pay.''

     BG controls Gujarat Gas Co., which supplies gas to customers
in the Gujarat state, and owns half of Mahanagar Gas Ltd., which
serves Mumbai. It also is building a liquefied natural gas plant
in Gujarat.

     The Gas Authority of India is the monopoly buyer of gas from
the fields and the seller of the fuel to BG's ventures. While the
fields' existing output has been fully contracted to the Gas
Authority, the company will negotiate a right to bypass it with
additional production, McManus said.

                        Commitment

    ``They must be committed to getting additional gas out of the
ground'' to make the investment pay off, said Iain Reid, an
analyst at UBS Warburg. ``This is the rationale for the deal.''

     The acquisition is conditional on whether BG will be approved
as the fields' operator, the company said.

     BG will invest ``hundreds of millions'' of dollars to double
production in the Tapti field by 2004 if the other two partners in
the venture, Reliance Industries Ltd. and ONGC Ltd., contribute as
well, said Nigel Shaw, chief executive officer of BG India Pvt.
     ``BG is ready to play its part,'' he said.

     Lehman Brothers advised BG on the acquisition, McManus said.
     The agreement ``represents a significant step for Enron in
selling assets not integrated into our wholesale or retail energy
businesses,'' Enron president for exploration and production Jeff
Sherrick said in a statement.

     The assets being sold to BG exclude Enron's Dabhol Power Co.
project in India, a $3 billion venture entangled in a nine-month
payment dispute with its state-run buyer. Enron has said it wants
to sell its 65 percent share of Dabhol, which is owed $64 million
by the Maharashtra State Electricity Board.

     Both Enron and BG said the sale of gas fields are unrelated
to Dabhol's troubles. McManus declined to say whether BG would be
interested in buying Dabhol.

     Before agreeing with BG, Enron rejected bids from its Indian
venture partners, ONGS and Reliance, as well as from the nation's
biggest refiner, Indian Oil Corp.

                         Competition

     BG faces competition from other companies eager to set foot
in the Indian gas market.

     Both Royal Dutch/Shell Group, Europe's largest oil company,
and Indian state-owned energy companies are developing LNG
terminals in Gujarat, whose coast faces Oman across the Arabian
Sea.

U.S. Supreme Court Questions Reach of Federal Energy Regulators
2001-10-03 16:37 (New York)

U.S. Supreme Court Questions Reach of Federal Energy Regulators

     Washington, Oct. 3 (Bloomberg) -- The U.S. Supreme Court
considered how far federal energy regulators can push electric
utilities to make their power lines available to competitors.

     The nine justices heard oral arguments today on a landmark
1996 federal order requiring utilities to provide equal access to
their power transmission networks. Regulators say giving
competitors access to the power grid formerly run by utilities is
key to opening the power business to competition.

     New York and other states say the Federal Energy Regulatory
Commission order infringed on state authority and could prevent
states from making sure power goes to their neediest customers
during shortages. Power trader Enron Corp. takes the opposite
view, saying the order didn't go far enough to ensure competition.

     ``We're trying to protect the rates and services for the 127
million customers in this country,'' Lawrence Malone, New York
State Public Service Commission general counsel, told the court.

     The justices offered no clear indication of how they will
rule, and several struggled to understand the technical issues of
grid mechanics.

     ``I don't even know how this works, all this blocking,
scheduling business,'' Justice Stephen G. Breyer said during a
discussion of ways utilities can discriminate against competing
power suppliers.

     The question is whether a 1935 law gives FERC authority to
enact the rule, which is targeted at states that have opened their
energy markets to competition, or about half the nation.
     The court is expected to rule by the end of June.

                       Protecting Hospitals

     A ruling against the commission could halt the nation's
advance toward opening to competition the electricity business,
which had $226.5 billion in U.S. sales in 2000, experts said.

     ``If the court enshrines some limitations on FERC's
authority, it will create confusion and it will, at least for a
while, slow change in the industry,'' said James Hoecker,
commission chairman from 1997 until early this year.

     Government lawyers dismissed concerns that the transmission
rule might prevent states from ensuring that customers such as
hospitals receive power if the system gets crowded.

     The rule says utilities can discriminate based on the need
for power, while they can't favor transmission to their own
customers over that of a competitor.

     ``They could protect hospitals, that sort of thing,'' said
Edwin Kneedler, the Justice Department's deputy solicitor general.

                          Enron Argument

     Enron lawyer Louis Cohen argued that the commission issued
the transmission order in 1996 after finding ``endemic, undue
discrimination'' by traditional utilities. Because not all
utilities must open their lines, FERC still is exempting about 60
percent of traffic from the rule, he said.

     Houston-based Enron, the nation's largest energy trader,
needs to be able to send power through lines in states that aren't
open to competition so it can deliver power to customers in
neighboring states that have open markets, Cohen said.

     ``This is a problem only FERC can solve,'' Cohen said. He
asked the justices to tell the commission it has authority to
order these utilities to provide equal line access.

     The commission can address claims of discrimination by
utilities in states without open markets on a case-by-case basis,
Kneedler said in response to questions from the court.

                      Regional Organizations

     The commission has moved further since the 1996 order to
ensure that power-sellers have equal access to transmission lines
and that utilities aren't protecting the market for their own
power plants.

     Recognizing that competitive power suppliers and marketers
won't get into the business if they're not sure they can fairly
sell power through utility lines, the commission has told
utilities to join regional transmission organizations, or RTOs.
The RTOs would independently control the grid even in states that
haven't opened their energy markets to competition.

     Last week the commission told utilities to join an RTO by
Dec. 15 or risk losing the authority to set their own rates based
on market conditions, or having merger approvals delayed.

     Commission Chairman Pat Wood said recently he hopes Congress
will step in if the high court rules against FERC.

Enron to Sell Oil, Gas Fields in India to BG Group (Update1)
2001-10-03 16:13 (New York)

Enron to Sell Oil, Gas Fields in India to BG Group (Update1)

     (Adds closing share price.)

     Houston, Oct. 3 (Bloomberg) -- Enron Corp., which has been
fighting with India's Maharashtra state for nine months over power
payments, agreed to sell oil and natural-gas fields in the South
Asian country to the U.K.'s BG Group Plc for $388 million.

     Houston-based Enron, the biggest energy trader, has been
selling assets, including infrastructure projects such as
pipelines and power plants, to focus on trading and brokering
energy and other commodities. Enron wants to sell its Dabhol Power
project in India, a $3 billion venture it says is owed $64 million
by the state's electricity board.

     The agreement ``represents a significant step for Enron in
selling assets not integrated into our wholesale or retail energy
businesses,'' Jeff Sherrick, Enron president for exploration and
production said in a statement.

     Shares of Enron jumped $2.88, or 9.4 percent, to $33.49,
paring this year's decline to 60 percent. BG fell 2.5p to 261p in
London.

     BG, the U.K.'s former natural-gas monopoly, got a 30 percent
stake in a gas field and an oil and gas field, as well as 63
percent of an untapped deposit on the west coast of India. They
hold more than 170 million barrels of oil and gas, BG said.

     ``BG has gotten assets in an undersupplied market for a
reasonable price,'' said Roger Richards, who helps manage $12
billion at Prudential Bache in London. ``True, there's general
concern about the state involvement. But if you get your foot in
the door, stay and work hard, you'll enjoy returns.''

     Both Enron and BG said the sale is unrelated to Dabhol's
troubles. McManus declined to say whether BG would be interested
in buying Dabhol.

     Before agreeing with BG, Enron had rejected bids from its
Indian venture partners, ONGS and Reliance Industries Ltd., as
well as from the nation's biggest refiner, Indian Oil Corp.

     BG controls Gujarat Gas Co., which supplies gas to customers
in the Gujarat state, and owns half of Mahanagar Gas Ltd., which
serves Mumbai. It also is building a liquefied natural gas plant
in Gujarat.


Gentlemen greetings:

As promised in my last evening's email, attached is the executive summary in
PowerPoint slides for your review.  Please forward your comments to me (or
Ron Tapscott) to improve it.

Regards,

Saeed Raja


Pulp Swap

FOEX PIX-BHKP
FOEX PIX-NBSKP
Pulpex
WPM NBSK

Pulp Phy  Fwd

OMLX

US Lumber Swap

ESPF Bos 2x4 RL
OSB 7/16" NC

US Paper Swap

PPW 26#Semi Avg
PPW 42# KL Avg
PT 35# SCA
PT 50# Offset
PT Newsprint
PT No 5 34#
WRPM OCC #11
WRPM OldNewsPap


-----Original Message-----
From: 	Taylor, Craig
Sent:	Wednesday, October 10, 2001 4:24 PM
To:	Otto, Charles H.; Zipper, Andy; May, Larry; Griffith, John
Subject:	FW: [JOKE FACTORY]  Serves you right...

 -----Original Message-----
From: 	JOKE FACTORY [mailto:joke_factory@yahoo.com]
Sent:	Wednesday, October 10, 2001 11:33 AM
To:	David 'Yoda' Calvano; Nick 'hates accounting' Acal; Jerry Ambrose; Abey Analil; Khris Atchley; Rich Bal; Ass Man Beck; Rich BIG PERM Cain; Diane Cannon; Rat Clester; Ron 'The ///M Pussy' Corrado; Kevin 'Iron City' Daw; Suzy Dongarra; Rick "'Body Piercing Man'" Glasby; Steve Guenther; Kevin Heister; Carleen Heminger; Steve 'Vickless" in Blacksburg' Hunt; Wendy Hutton; Elizabeth Johnson; Big Mac Joke Attack; Cle 'Fantasy" Football Fanatic' Jones; Mike 'King'" Kong; Daniel Lowe; Mario Maise; Z3 Man Mathias; Cindy Meyers; Mark Miller; Jason Moore; Josh O'Kennedy; Giant Texan Pierce; Ramada; Mark Snackwell; Frank " Stark; Matt Monkey Surgeon Stark; Bob Stevens; Gus 'Adultry'" Taborda; Ed 'Gear" Head' Warfield; John Yee; Pak-Man Young; Don 'Herbie' Hancock; David 'PHD" in Scheduling' Khoo; Kobe Rijos; Aaron Bowes; Jim Carr; Blair Daggett; Patricia Fay; Kurt 'I kissed Mandy from Temptation Island' Gavalier; Steve Hazard; Monte 'Earned" Value' Ingram; Milos Klacko; Will 'Wanna be Redneck' Land; Drew Langsam; Edwin 'The" Smoking Man' Pickens; Bruce 'Mr. Bean' Platter; Robert Platter; Steve Serafino; Jim Shadow; Jay Sipper
Subject:	[JOKE FACTORY]  Serves you right...


Just a heads up from a Business Coalition for Clean Air (BCCA) meeting we had
on Monday to try to raise the proposed $1.6 million for 2001 activities.
(You will hear all about the business plan today.)

The suggested amount for you/Enron is $200,000--12.5% of the total.  Enron
gave $50,000 for the 2000 effort, which was about 8% of the total they ended
up raising ($617,000).   it is your call on what is reasonable, and keep in
mind there might be another round later on.

We have been working on a list of potential donors with "A" being the
impacted such as refiners and petrochemical companies and "B" being
beneficiaries such as contractors.  Ned Holmes office suggested that you pick
the names of the potential donors for the Enron visit and he will just take
the rest.  The list is being updated, so we will have to wait until the
meeting to look at it.

- Rob


It's six months into the new Millennium.  Where do you get your company
news?  Enron, cited as the Most Innovative Company in America for five years
in a row, prints a newsletter every two months.  We could reorganize entire
business units between issues.  Twice.

Don't worry.  Our printed newsletter isn't going anywhere; it's still the
best way to bring you detailed accounts of Enron's long-term business
direction and achievements.

Let's just say that print has a new friend.  And -- you guessed it -- that
friend is the dot.  As in "dot.com"; as in you now have an online connection
for fast-breaking news about and around Enron.  It's called eBiz, and it will
change the way you get news.  It might even change the way you think about
news.

eBiz will come racing across the Enron intranet on home.enron.com every two
weeks, and we will post breaking news and announcements as they happen.  The
news in eBiz will be so fresh and timely and fun to read, you may have to
skip your morning coffee so you don't miss anything.

Get ready, get set, get connected with eBiz.


I'm in today.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/19/2000 07:46
AM ---------------------------

Fred Mitro@ECT
12/18/2000 05:03 PM
To: Kay Mann/Corp/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron

Subject: Coral/Intergen Closing

Kay:

I spoke with Ben this afternoon.  He would like me to get involved with the
LM 6000 transaction which we are attempting to close this week.  I understand
that the transaction negotiations started with Coral and that Intergen is the
counterparty that we are expecting to sign the letter agreement this Thursday
(12/21).  I also understand that Intergen is holding a Board meeting tomorrow
at which time we expect them to seek approval for this transaction and that
Doug Pedigo (Intergen internal counsel) is scheduled to meet with John Keffer
(sp.?)(ENA outside counsel) tomorrow to finalize documents/arrangements for
Thursday's closing.

The issues that Ben asked me to specifically work with you on are:

1.  Since Coral/Intergen has delayed the closing approximately 2 weeks beyond
its initially expected date, Ben would like to see the [Letter Agreement]
deadline for ENA to deliver "Breakout Agreements" on the turbines and
transformers moved from 12/29/2000 to 1/15/00.  This change will allow ENA
the time necessary to prepare the "Breakout Agreements",  the LLC
Agreements,  the acknowledgement letter from GE, and the agreements required
to pull the LM turbines out of the "Turbo Park" structure.

2.  I will work with yourself, Rebecca Walker, and Katherine Clark to
assemble the agreements necessary to pull the LM turbines out of the Turbo
Park structure.

Also, Ben wanted me to ask you who in ENA legal would be filling in for you
while you are out of the office between Christmas and New Years.

Please call me to discuss these items.  I am in the office every day this
week to help this and other transactions that are in a position to close.

Thanks,
Fred
x35406


hey sugar, I am going to leave here at about 1 pm.  Is that okay?  What about lunch?  I haven't eaten yet.  Do you want me to bring something home?

I love and miss you.

The Pigs


From marshallconsultants.com

SENIOR MEDIA RELATIONS PROFESSIONALS with the savvy to deal with varied and
sensitive issues needed for the leading organization in one of North America,
s top spectator sports.? Work will require heavy travel to sporting events
across the country ) in some cases as many as 30 weekends per year away from
home base.? Salaries are open, starting at about $80K but potentially going
higher than that. (Contact Justin Meyer) ? Email Justin Meyer


Also, if a Confidentiality Agreement was executed in connection with the VWD
file, we would need to provide a copy of that too...


Doug,

I'm passing this on to Mark Taylor for review.

	Douglas S Friedman
	08/17/2000 05:34 PM

		 To: Bob Shults/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT, Andy Zipper/Corp/Enron@Enron
		 Subject: Re:

Tana:

Would greatly appreciate your urgent review. The CIO of Eastman hopes to
visit Houston on the 24th or 25th, pending the conclusion of the
Nondisclosure Agreement,  to take our discussions to the next level of detail.

If you have any questions, please call me at X-37377.

Doug


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/21/2000
06:24 PM ---------------------------

Stinson Gibner
06/21/2000 04:59 PM
To: Shalesh Ganjoo/Contractor/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc: Martin Lin/Contractor/Enron Communications@Enron Communications@ENRON,
Samer Takriti/Enron Communications@Enron Communications@ENRON, Vince J
Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT
Subject: Re: Speed of Light

O.K.  Here is a physicist's response.

http://www.aps.org/WN/WN00/wn060900.html

From: Shalesh Ganjoo@ENRON COMMUNICATIONS on 06/21/2000 12:54 PM PDT
To: Martin Lin/Contractor/Enron Communications@Enron Communications, Samer
Takriti/Enron Communications@Enron Communications, Stinson
Gibner/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT
cc:
Subject: Speed of Light

Gentlemen,

Please take a look at this article!  Thank you.

http://www.sunday-times.co.uk/news/pages/sti/2000/06/04/stifgnusa01007.html

Shalesh Ganjoo


Jeff Dasovich asked me to forward this information to you about the
Comprehensive Settlement Agreement submitted in California.  If you want the
actual text of the settlement I can forward that as well.  Please let me
know what works best for you.  Thanks, Mike Day
-----Original Message-----
From: MDay
Sent: Friday, May 25, 2001 2:50 PM
To: MDay
Subject: FW: SoCalGas - Capacity Settlement -&- Primary and Secondary Acce
ss Rights

-----Original Message-----
From: MBD
Sent: Tuesday, July 11, 2000 1:09 PM
To: 'Jeff Dasovich Enron SF'
Subject: FW: SoCalGas - Capacity Settlement -&- Primary and Secondary Acce
ss Rights

Jeff, here is the final version of the term sheet that Brian sent around.

Mike

-----Original Message-----
From: Cherry, Brian - TPBKC [mailto:BCherry@sempra.com]
Sent: Friday, March 31, 2000 7:25 AM
To: Lorenz, Lad - TPLPL; 'Craig Chancellor'; 'abb@eslawfirm.com';
'agenergy@aeca.com'; 'agoldberg@lgl.twc.com'; 'Alexander, Michael@sce';
'Amirault, Paul@AEC'; 'aod@newsdata.com'; 'athomas@newenergy.com';
'awattslaw@earthlink.net'; 'awodtke@aandellp.com'; 'Baldwin, Mark@IGS';
'bbrunel@SMUD.org'; 'Beck, Steve@PG&E'; 'Bellenger, Geoffrey@PGE'; 'Black,
Larry@SWG'; 'Blue, Greg@Dynegy'; 'bmcc@mccarthylaw.com'; 'Bosley,
Kirby@Reliant'; 'bradylaw@pacbell.net'; 'Bretz, Cathy@PG&E'; 'Brown,
Keith@SWG'; 'Brown, Sam@SW'; 'Brown, William@SWG'; 'Burkholder,
John@cts/whb'; 'Bushman, Tom@CellNet'; 'cbaker@ns.net'; 'Cervin, Peter@BR';
'cgoodman@bellatlantic.net'; 'charles_doering@rmiinc.com'; 'Chau,
Andrew@sShell Energy'; 'Checketts, Bob@KR'; 'Cluff, Drew@Duke';
'cmkehrein@ems-ca.com'; 'Collette, Martin@Econone'; 'Comnes, Alan G.@MRW';
'Connell, Bruce@Conoco'; 'Cotroneo, Eileen@PGE'; 'Counihan, Rick@Green
Mountain'; 'Cushnie, Colin@SCE'; 'Dahlberg, Lynn@KR'; 'Dasovich,
Jeff@Enron'; 'Davis, John@KR'; 'Day, Michael@GMSSR'; 'Dickinson, Sandy@PGE';
'difellman@earthlink.net'; 'Douglass, Dan@SES'; 'dsloan@pge-nw.com';
'ecrem@ix.netcom.com'; 'ehahn@spurr.org'; 'Eisenman, Eric@PGE';
'eklinkner@ci.pasadena.ca.us'; 'Elsesser, Evelyn@IP'; 'epoole@adplaw.com';
'eric@gcnet.org'; 'ewo@jmbm.com'; 'Fawcett, Jeff@Enron';
'fergusonM@epenergy.com'; 'fogelmanm@steefel.com'; 'Folsom, Bruce@Avista';
'Foss, Rob@Coral Energy'; 'frazier@bull.som.yale.edu'; 'Frost, Pete@Conoco';
'Fullerton, Mark@WHP'; 'Gaillard, Bruno@Enron';
'ghinners@reliantenergy.com'; 'Golden, Patrick@PGE';
'gpickering@idahopower.com'; 'Graham, Roger@PGE';
'grant_kolling@cerberus.city.palo-alto.ca.us'; 'Hall, Rich@IGS'; 'Hannah,
Jim@TXU'; 'Harris, Mike@Reed'; 'Harris, Steve@TW'; 'Hawiger, Marcel@TURN';
'Healy, Bill@EPNG'; 'Hensman, Kevan@Aera'; 'Hilen, Christopher@Reliant';
'Hoglund, Patrick@PGE'; 'Honeycutt, Bedellia@REMAC'; 'Huertas, A.@Enron';
'Huhman, Steve@SoEnergy'; 'inggm@sce.com'; 'jbennett@gmssr.com';
'jgopal@energy.state.ca.us'; 'Jimison, John'; 'jmct@gmssr.com';
'jmpa@dynegy.com'; 'john.walley@swgas.com'; 'Johnson, Kirk@PGE'; 'Johnson,
Pamela@REMAC'; 'jond@qstr.com'; 'Jordan, Richard@SWG'; 'jsqueri@gmssr.com';
'jthomson@penn.com'; 'jurewijl@sce.com'; 'Karp, Joseph@Whitecase'; 'Katz,
Stefanie@SET'; 'Kebler, Curtis@Reliant'; 'Keeler, Paul@BR';
'keith-sappenfield@hlp.com'; 'keith-sappenfield@reliantenergy.com';
'kirk.t.morgan@wgp.twc.com'; 'Klatt, Gregory@SCGC'; 'kmills@cfbf.com';
'Kramer, Daniel@CIPA'; 'kschellin@mtpower.com'; 'Larmour, Jack@Dynegy';
'Latterel, Maria@PGE'; 'Ledene, Ben@WGS'; 'Leslie, John@Luce'; 'Lindh,
Karen@CIG/CMA'; 'Lins, Steve@Glendale'; 'Litteneker, Randall@PGE'; 'Lizak,
Greg@Itron'; 'Louttit, Craig@PGE'; 'Lu, Frank@LADWP'; 'Maan,
Raveen@Cerberus'; 'malcantar@aandellp.com'; 'Masuda, Scott@LADWP'; 'McClay,
Shelley@Coral Energy'; 'mcclintocke@epenergy.com'; 'McConn, Kathy@EPNG';
'McCrea, Keith@CIG/CM'; 'mdjoseph@adamsbroadwell.com'; 'Meadows, Ted@UDS';
'Meadows, Ted@Ultramar'; 'Miller, Jerry@PGE'; 'Miller, Preston@WGP';
'Moench, Mark@KR'; 'mtran@energy.state.ca.us'; 'nge@value.net'; 'O'Donnell,
Mike@PGE'; 'office@mccarthylaw.com'; 'O'Loughlin, Matthew@SCE'; 'Orr,
Carl@PGE'; 'Oshirock@pacbell.net'; 'Pate, Michael@OEM';
'paul.macavoy@yale.edu'; 'Pedersen, Norm@SCGC'; 'Pelote, Roger@Williams';
'Pettinato, Bob@LADWP'; 'phanschen@gj.com'; 'placourciere@sf.whitecase.com';
'Pocino, Mark@RC'; 'Pocta, Mark@ORA'; 'Porter, Doug@SCE'; 'Power,
Patrick@LB'; 'Radtke, Otto@CO'; 'Ramirez, Jaime@SWGas'; 'rbw@mrwassoc.com';
'Reid, Al@PanCanadian'; 'rgloistein@orrick.com'; 'rhc@mrwassoc.com';
'rliebert@cfbf.com'; 'rmccann@cal.net'; 'rnemec@mediaone.net';
'robertg@greenlining.org'; 'Rochman, Michael@CUB'; 'Rochman, Michael@SPURR';
'Rosmon, Lewis@Tractebel'; 'Ross-Leech, Diane@PGE'; 'Roth,
Rosalie@Solutions'; 'Roth, Tom@ET'; 'rtask@norm.com'; 'salleyoo@dwt.com';
'scarter@nrdc.org'; 'scohn@SMUD.org'; 'Shively, R.@Energynamics'; 'Silva,
Larry@Glendale'; 'simonsen@rmi.net'; 'Skaff, Andy@Dynegy';
'sneiman483@aol.com'; 'Soong, Gwen@IGS'; 'sscott3@enron.com';
'stomashe@energy.state.ca.us'; 'Stout, M.@sempra-slns'; 'Sullivan,
Catherine@Southernenergy'; 'Sutton, J.C.@scana'; 'Sweeney, Richard@CVernon';
'tbeach@vdn.com'; 'thompson@wrightlaw.com'; 'Tisdale, Roger@Occidental';
'toca@compuserve.com'; 'tomb@crossborderenergy,com';
'vhconsult@earthlink.net'; 'ward@phaser.com'; 'Weil, James@Aglet'; 'Wesson,
Parks@Astra'; 'whited@paceresources.com'; 'Wood, Bill@CEC';
'Wraff@adnc.com'; 'Wright, Elizabeth@LB'; 'Yap, Cathy E.'; 'Yu, Peter';
'Zaiontz, Jean@BP'; 'Zanaboni, Kathy@RES'; Reed, William
Cc: Morrow, Rick - TP3RMM; Sullivan, Glen J.; Follett, B. David - TPDBF;
Wright, Gillian - TP1GXW; Harrigan, James P. - TP1JPH; Van Lierop, Jan -
TP2JXV; Brill, Thomas R.; Sakarias, Wayne P.; Purves, Ralph A.; Nilarp,
Margarita - TP3MXM; Angeles, Zenee G. - TPZGA; Watson, Steven - TP2SAW;
Betonte, Robert - TP2RSB; Reed, William; Brill, Thomas R.; Schavrien, Lee
Subject: RE: SoCalGas - Capacity Settlement -&- Primary and Secondary Acce
ss Rights

My apologies to those of you who received the March 20 version.  Here is the
final version mentioned in the note below.

Attached for you review and support is the final Capacity Issues Settlement
in the Gas Industry Restructuring/Natural Gas Proceeding.  In addition, we
have included a revised version of Appendix A, the primary and secondary
receipt point access rights statement.

The attached documents are the result of countless hours of negotiation on
behalf of the parties supporting this document.  I would like to
congratulate all of the active parties for their patience and flexibility
throughout this process.  Because we are under an April 3 filing deadline,
we need to finalize support for this proposal no later than COB Friday,
March 31.  Please forward your support of this proposal to Lad Lorenz (213
244-3820) or Brian Cherry (213 244-3895) as soon as possible.

We are also finalizing the Retail Issues Settlement with those parties
interested in this matter and expect to circulate a formal document tomorrow
morning.  I ask for your continuing patience.

Once again, I would like to thank everyone for the Herculean efforts they
have made to make this settlement possible.

 - GIRcounter0330final.doc
 - Primary Rights 3-30 4PM final.doc


Heh Mark,
   This sounds just like Kimmie and your wife to me.  Hope you all have a
great Thanksgiving.  "Gobble, Gobble, Gobble!"
Janet and Mark in Boston

-----Original Message-----
From: Whitt, Mark [mailto:Mark.Whitt@ENRON.com]
Sent: Wednesday, November 14, 2001 6:26 PM
To: mawhitt@aol.com; Bump, Dan J.; Harrison, Tyrell; Lucci, Paul T.
Subject: FW: Things you'll never hear women say.

This is an old one but still good.
>  -----Original Message-----
> From:     Appling, Mike  [mailto:mappling@chematch.com]
> Sent: Friday, August 17, 2001 2:45 PM
> To:   Brett Treadwell (E-mail) ; David Elias (E-mail) ; David Zaozirny
> (E-mail) ; Dwayne Hyzak (E-mail) ; George Appling (E-mail) ; Jeff
> Thomas (E-mail) ; Jerry Jernigan (E-mail) ; Jes Morris (E-mail) ; John
> Carr (E-mail) ; Kelly Boston (E-mail) ; Kevin Baros (E-mail) ; Kregg
> Lunsford (E-mail) ; Mark Whitt (E-mail) ; Steven Jernigan (E-mail) ;
> Steven Wolf (E-mail) ; Wade Pursell (E-mail) ; Wade Sanders (E-mail) ;
> William evans (E-mail)
> Subject:  FW: Things you'll never hear women say.
>
>
>
> -----Original Message-----
> From: Boase, Allan
> Sent:  Thursday, August 16, 2001 8:54 AM
> To: Appling, Mike; Brown, Nancy;  Exley, Melisa; Giraldo, Melissa;
> Josephs, Bob; Leahy, Steve; McAfee, Larry;  Medeles, Ismael; Orjuela,
> Natalie; Peyton, Mickie; Snear, Clay; Venezia,  Charles
> Subject: FW: Things you'll never hear women  say.
>
>
> Things you'll never hear women say.
> >  > >
> > > > 1. You know, I've been complaining a lot lately. I  don't
> > > > blame you for ignoring me.
> > > >
> >  > > 2. The new woman in my office is a real beauty, and a
> > >  > stripper too. I invited her over for dinner on Friday.
> > > >
> > > > 3. While you were in the bathroom, they went for it on
> > > > fourth down and missed. If they can hold them to a field goal
> > > > they'll still cover.
> > > >
> > > > 4.  Bar food again!? Great!
> > > >
> > > > 5. I liked that  wedding even more than ours. You know,
> > > > your ex-girlfriend has  class.
> > > >
> > > > 6. That woman is wearing the same  outfit as I am. Cool,
> > > > I'm gonna go talk to her.
> > >  >
> > > > 7. Let's just leave the toilet seat "up" at all times,
> > > > then you don't have to mess with it anymore.
> > >  >
> > > > 8. Honey, isn't tonight your night out with the boys?
> > > > You need your time with them.
> > > >
> >  > > 9. It's only the third quarter,   we should order a
> > >  > couple more pitchers.
> > > >
> > > > 10. My mother  is going to take care of the tab, so order
> > > > another round for  you and your friends.
> > > >
> > > > 11. I'm so happy  with my new hairstyle, I don't think
> > > > I'll ever change it  again.
> > > >
> > > > 12. Damn! I love when my pillow  smells like your cigars and
> > > > beer.   You passed out  before brushing your teeth again, ya'
> big silly!
> > > >
> >  > > 13. You are so much smarter than my father.
> > > >
> > > > 14. Are you sure you've had enough to drink?
> > >  >
> > > > 15. I've decided to stop wearing clothes around the
> > > > house.
> > > >
> > > > 16. You're so  sexy when you're hung over.
> > > >
> > > > 17. I love it  when you change channels all the time. It
> > > > really helps me  find out what else is on!
> > > >
> > > > 18. Let's  subscribe to Hustler.
> > > >
> > > > 19. If you need me,  I'll be out painting the house.
> > > >
> > > > 20. I love  it when you ride your Harley, I just wish you had
> > > > more time  to ride.
> > > >
> > > > 21. Honey, our new neighbor's  daughter is sunbathing
> > > > again, come see!
> > > >
> > > > 22. No, no, I'll take both of our cars to have the oil  changed.
>
> > > >
> > > > 23. Your mother is way better  than mine.
>

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


What are you planning on doing with them?
----- Forwarded by Richard B Sanders/HOU/ECT on 03/25/2001 10:30 AM -----

	"Hollingsworth, Jarvis V." <JHollingsworth@brobeck.com>
	03/23/2001 04:47 PM

		 To: "'Blaine, Michelle'" <Michelle.Blaine@ENRON.com>, "Brownfeld, Gail"
<Gail.Brownfeld@ENRON.com>, "Williams, Robert C."
<Robert.C.Williams@ENRON.com>, "Sanders, Richard"
<Richard.B.Sanders@ENRON.com>
		 cc: "Long, Sean" <Sean.Long@ENRON.com>, "Zager, Steve" <SZager@brobeck.com>
		 Subject: April 3  Meeting

Robert:
As you recall, Steve Zager and I were going to be in Houston on April 3.
This is just a followup to our previous emails regarding everyone's
availability on that day.  Let me know.  Thanks.......Jarvis

Jarvis V. Hollingsworth
Brobeck, Phleger & Harrison LLP
4801 Plaza on the Lake
Austin, TX  78746
512.330.4087
512.633.7091(cell)
512.330-4001 Fax
jhollingsworth@brobeck.com

=======================================================
This email message is for the sole use of the intended recipient(s) and may
contain confidential and privileged information. Any unauthorized review,
use, disclosure or distribution is prohibited. If you are not the intended
recipient, please contact the sender by reply email and destroy all copies of
the original message.

To reply to our email administrator directly, send an email to
postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com


Christian asked me to work with Dan Watkiss to prepare a FERC filing to
terminate EPMI's participation in the PX.  I have asked Dan to get started as
Christian said we may decide to file as soon as today.  See attached
explanation.  Does EES also have a participation agreement?  And if so do we
also need to file a termination for EES?
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/01/2001 09:04 AM
---------------------------

Christian Yoder

02/01/2001 08:12 AM
To: Mary Hain/HOU/ECT@ECT
cc:
Subject: Letters to terminate EPMI's CalPX Participation Agreement

---------------------- Forwarded by Christian Yoder/HOU/ECT on 02/01/2001
07:53 AM ---------------------------

Christian Yoder

02/01/2001 07:47 AM
To: DWatkiss@bracepatt.com
cc: Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT,
gfergus@brobeck.com, jklauber@llgm.com, Steve C Hall/PDX/ECT@ECT
Subject: Letters to terminate EPMI's CalPX Participation Agreement

Dan,
At some point in the incremental meltdown of the PX process, perhaps when we
default on payment of the large chargeback bill we will receive today or
tomorrow and the PX takes our remaining collateral, the question will
suddenly be:  how does one make sure one is not the last man standing?  It
would seem that if it is possible to ever become a  "former"   participant in
the PX and not a "current" one, ("current" being  the word used in the tariff
to describe who the chargebacks go to) that we would have had, at a minimum,
to have given notice of termination of our participation in both the Core and
CTS markets.  Please review this documentation and help us prepare for a
possible extradited extraction from the PX.  Thanks.----cgy
---------------------- Forwarded by Christian Yoder/HOU/ECT on 02/01/2001
07:19 AM ---------------------------

Steve C Hall
01/31/2001 05:57 PM
To: Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT,
gfergus@brobeck.com, Christian Yoder/HOU/ECT@ECT
cc:
Subject: Letters to terminate EPMI's CalPX Participation Agreement

I have attached ready-to-file drafts of the letters necessary to terminate
EPMI's Participation Agreement with the CalPX.  In addition to the letter to
the CalPX, I am reasonably certain that a FERC filing is required to
terminate the Participation Agreement because it is a power purchase/sale
agreement, the form of which is on file with FERC.  Just to be safe I
prepared the transmittal letter, notice of termination, and notice of filing
necessary to file with FERC.  Among other things, I requested waiver of the
60-day notice period.

I'll wait for further instruction before doing anything else on this matter.

Steve


Effective March 1, 2001 Enron North America (CO 0413) employees will begin
using XMS (Expense Management System) to process employee expense
reimbursements.

XMS is a web based employee expense reimbursement system which will provide
the following benefits;

? More timely reimbursements to employees
? User friendly Web access
? Ability for employee or designated administrative assistant to submit
expense reimbursement
? Greater efficiency and lower cost
? Efficiently integrated with the current SAP accounting system

This system will REPLACE our current manual expense reimbursement process.
All employee expense reimbursements for ENA employees submitted after March
1, 2001 should be done via XMS.

Following are details regarding system access, training and support.

To access the system go to the Enron Home Page and type http://xms.enron.com
in the address field.

LOGON ID
Enter your personnel number (P number).   HR information is loaded
automatically into XMS, but an incomplete load may mean that some people's
IDs are not updated.  If your P number doesn't work, try using your first
initial and last name (lower case).  If you can't log in to the system, go to
the IT Central web page from the Enron home page and select Services>Security
Requests>eRequest or call (713) 853-5536.

PASSWORD
The first time you log in, the password is upper case ENRON.  The system will
guide you through confirming your personal information and changing your
password.  The Enron Code of Ethics prohibits the sharing of passwords and
logging on as another person.  Please observe Enron,s policy.  If you have
forgotten your password, call the Resolution Center at (713) 853-1411.

TRAINING
Go to the IT Central web page.  Select Services>Training.  Click on
"Schedules" in the North America column, and go to the XMS Workshop schedule
to choose your class.  If no classes are listed, call the training department
and place your request at (713) 853-1816.  Those in outlying locations and
those who prefer on-line training can use LEAP by signing on to isc.enron.com
and clicking on "training and education," then LEAP (shown as a link).  Use
xms (lower case) as the User ID and Password.

DOCUMENTATION
Step by Step documentation is also available from IT Central web page.
Select Services>Training. Click on "Documentation" in the North America
column and choose XMS User's Guide from the list.

APPLICATION SUPPORT SERVICES
Call the ISC help desk at (713) 345-4SAP (4727). Do not call Accounts Payable
with questions about how to use the system or with issues regarding
electronic pre-populated data.


----- Original Message -----

Please take a moment to relax your mind and humble your heart to focus on
Christ. Allow God, to be the only person on your mind while you read this
prayer. If we can take the time to read long jokes and stories, we
should give the same respect to this prayer. Friends that pray together,
stay together.

Dear Lord, I thank You for this day.
 I thank You for my being able to see and to hear this morning.
 I'm blessed because You are a forgiving God and an understanding God.
 You have done so much for me and You keep on blessing me.
 Forgive me this day for everything I have done, said or thought that was not pleasing to you. I ask now for Your forgiveness.
 Please keep me safe from all danger and harm.
 Help me to start this day with a new attitude and plenty of gratitude.
 Let me make the best of each and every day to clear my mind so that I can hear from You.
 Please broaden my mind so that I can accept all things.
 Let me not whine and whimper about things over which I have no control.
 Let me continue to see sin through God's eyes and acknowledge it as evil. And when I sin, let me repent, and confess with my mouth my
wrongdoing, and receive the forgiveness of God.
 And when this world closes in on me, let me remember Jesus' example-to slip away and find a quiet
place to pray. It's the best response when I'm pushed beyond my limits.
 I know that when I can't pray, You listen to my heart.
 Continue to use me to do Your will.
 Continue to bless me that I may be a blessing to others.
 Keep me strong that I may help the weak.
 Keep me uplifted that I may have words of encouragement for others.
 I pray for those that are lost and can't find their way.
 I pray for those that are misjudged and misunderstood.
 I pray for those who don't know You intimately.
 I pray for those that don't believe. But I thank you that I believe.
 I believe that God changes people and God changes things.
 I pray for all my sisters and brothers and for each and every family member in their households.  I pray for peace, love and joy for each of them and that all their needs are met.
 I pray that every eye that reads this knows there is no problem, circumstance, or situation greater than God. Every battle is in Your hands  for You to fight.
 I pray that these words be received into the hearts of every eye that sees them and every mouth that confesses them willingly.
 This is my prayer.  In Jesus' Name,
 Amen.

.
God Bless Each of You.


Jeff (Rocky) Skilling is not able to attend the football game, but he
appreciates you offering to get him a ticket.  He will, however, be at Elvis'
party Friday night.

Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
sherri.sera@enron.com

"woody berry" <boethia@hotmail.com> on 10/02/2000 11:04:52 PM
To: wlhessjr@juno.com, PWM1950@aol.com, jansson@mindspring.com,
rrossell@capital.net, RHarman@Bass-Associates.com, pastorhess@hotmail.com,
mpaul@onramp.net, miller@advlaser.com, mbaddour@msn.com, markpa@gateway.net,
fredinvt@juno.com, dfullert@nmh.org, GOLFNBUD@aol.com,
handshohl@eudoramail.com, hutchathoh@aol.com, jansson@pop.mindspring.com,
JAWALLACE12050@aol.com, jdent@express-news.net, jimfulrich@aol.com,
john_grumbles@berryplastics.com, johnmiller@advlaser.com,
jonejrj@annuityboard.org, jskilli@enron.com, judgegyro@yahoo.com,
CraigD9561@aol.com, chuck.paul@a-closer-look.com,
williamhjordan@mindspring.com, christop@netcomuk.co.uk, bensons3@airmail.net,
akinpa@email.msn.com
cc:

Subject: Last call for tickets

Various Beta Buttheads,
   OK, the deadline is fast approaching.  We're inside two minutes to play
and I need to know the game plan.  As of this day Oct. 2, here's what I have
confirmed in tickets ordered so that we all may sit together at this year's
homecoming game:
Mannino/1, Beek/1, Jordan/1, Artie/1, Wallace/1, Elvis/2, Grumbles/2,
Glass/3, Chuckles/1, J. Miller/2, Shack/1, Space/8 (he's bringing all of
Elzie's living relatives), Hutch/2, Fullerton/2, Coburn/2, Jansson/5 (he's
bringing all of Mom Pinchbeck's living relatives), Rossell/2, and Carl
Hohl/2 (he thinks...not sure because he never was).
    Now, if there are ANY OTHERS, you have about 48 hours because I need to
order these things when I get back in town on the 5th.  So if any of you
reading this want some, give me an email.  Also think about recruiting
others not on my email list that you think might not yet know about all
these plans.
     WE ARE ABSOLUTELY GOING TO ROCK THE NEW STADIUM.  I've already
contacted officer Caffey and he's given us yet another reprieve to behave
any damned way we want to, complete with SMU Secuity protection.

Yours in -kai-
Dro
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at
http://profiles.msn.com.


Just to let you know, since sending this memo we have not seen a marked
improvement in your reporting.  We are starting to log each problem and who
is late in reporting and will start reporting this information to you on a
daily basis.

Thanks,

Shona

Over the past few weeks, we have not been receiving information from the risk
management groups on a timely basis.    This memo serves to convey our
deadlines to you and to reiterate deadlines for the risk management group.

Our reporting is as follows (Houston time):

7:45 - posting of preliminary DPR to website (needed to be done prior to RAC
8am meeting)
7:45 - 2:00 - preparation of the violation/notification memos
2:00 - finalization of the DPR & memos

In order to meet these deadlines we need the risk management departments to
meet the following deadlines (Houston time):

before leaving to go home (Houston): officialization of books (to ensure
information is captured in VAR engine and Credit AGG)
4:00 (London):  officialization and sending of feeds to IT
7:20 (all): export of preliminary information
7:20-3:00: support on explanations of violations/notification memos
11:00 (London only): export of final information (needed at that time for
Merchant Asset group)
12:00 (Houston only): export of final information

Everyday at least one group misses the deadline, which is unacceptable.
Please ensure deadlines are met going forward.  Remember, the DPR cannot go
out until all information is received and final so one group holds up the
whole process.

Thank you,

Shona Wilson


******************************************************************************
***
Confidential and Privileged.
Do not read if you are not the intended recipient.
Unauthorized use prohibited and taken at your own risk.
******************************************************************************
****

 - Complain.DOC
 - EnronNor.DOC


I agree that employees who are out on leave at PRC time should be encouraged to select reviewers, obtain feedback, and participate in PEP.  Michelle is right, they can do the process from the internet, and in event that they don't have internet access but have email access, we can send the forms to them electronically and manually input their data when the form is returned to us.

 -----Original Message-----
From: 	Cash, Michelle
Sent:	Tuesday, May 22, 2001 9:12 AM
To:	Corteselli, Gina; Oxley, David
Subject:	PRC for individuals on leave

Gina/David, I think we need to have some guidelines for these types of questions.  My view is that we should encourage people to be contacted while out on leave to identify reviewers and submit a self-evaluation.  Presumably, if they have a Click at Home PC, they can do it from there.  If not, we should be able to facilitate it manually.  Your thoughts?

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

Michelle Cash
Enron North America Corp.
1400 Smith Street, EB 3823
Houston, Texas  77002
(713) 853-6401
michelle.cash@enron.com

This message may contain confidential information that is protected by the attorney-client and/or work product privileges.
----- Forwarded by Michelle Cash/HOU/ECT on 05/22/2001 09:10 AM -----

	Kim Cadena@EES 05/21/2001 06:15 PM	   To: Michelle Cash/HOU/ECT@ECT  cc:   Subject: PRC for individuals on leave

Michelle,
I received the below message, but still have questions:

If someone has been on leave for less than 12 weeks, but is currently out, what should we do in terms of selecting reviewers for them?  Should the supervisor select?  What should we do in terms of the self evaluation of listing 5 accomplishments that will be flashed on the screen during PRC meetings?  Should we just leave theirs blank?  If it is blank will it be viewed as a negative?  Can the supervisor contact the individual at home to ask them who they want for reviewers and what do they want to put for 5 accomplishments?  If the employee knows that we are going through this process and wants to select reviewers and do their accomplishments from home, should we allow that since they are on leave?

Sorry to throw all of these questions at you, but the EES HR group has thrown them at me and I agreed to send you one e-mail to keep from all of us contacting you.
Also, I need to get information from you on what to do in submitting my list of PRC attendees to you for review in terms of diversity.  It would be helpful if I understood what exactly you want and what you are looking for.

Any gudance you can provide on these matters would be appreciated.

---------------------- Forwarded by Kim Cadena/HOU/EES on 05/21/2001 06:06 PM ---------------------------
From:	Teri Ashley/ENRON@enronXgate on 05/18/2001 10:07 AM
To:	Kim Cadena/HOU/EES@EES, Wanda Chalk/ENRON_DEVELOPMENT@Enron_Development, Jana Domke/Corp/Enron@Enron, Belinda McGaughy/EWC/Enron@ENRON, Lee Brace/EWC/Enron@ENRON, Willie Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gerry Chatham/ENRON@enronXgate, Ann Vaughn/ENRON@enronXgate, Roger Sumlin/ENRON@enronXgate, Kathleen Blankenship/HOU/AZURIX@AZURIX, johnpa@nepco.com@SMTP@enronXgate, robinj@nepco.com@SMTP@enronXgate, gloriari@nepco.com@SMTP@enronXgate, Ron James/HOU/EES@EES
cc:
Subject:	FW: FW: Performance Review

NOTE - see below

Thanks
Teri

 -----Original Message-----
From: 	Cash, Michelle
Sent:	Friday, May 18, 2001 9:08 AM
To:	xxxx
Cc:	Corteselli, Gina
Subject:	Re: FW: Performance Review

We have decided that someone who is out for more than 12 weeks during the review period should not be reviewed.  That guideline should be communicated to all of HR soon.  Michelle

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

Michelle Cash
Enron North America Corp.
1400 Smith Street, EB 3823
Houston, Texas  77002
(713) 853-6401
michelle.cash@enron.com


As of now, the games are on 6:30 & 7:30.  I have to call back between 3-4
today.  Please let me know if you are able to play, we may be short tonight.
PL


EMAZING Home[IMAGE]Edit Your ProfilePrivacy

		Advice and Living - Brain Candy - Business and Money - Comics - Daybreakers -
Entertainment
		Espaol - Games - Good Thoughts - Grapevine - Greetings - Health - Hobbies -
Horoscopes
		Household Hints - Kitchen - Music - Sports - Style - Technology - Travel -
Wireless

		[IMAGE]

		  JobsOnline is giving away $10,000 instant cash!
		JobsOnline is one of the Internet's leading sites for employment information
and career resources. Search their extensive database of over 200,000 job
postings to make your next career move. And use the site,s valuable career
resources to assist you in your job search ) or to succeed in your current
position. Click  here for more details.

		Internet Tip of the Day
		Tuesday November 28, 2000

		Don't Forget to WAV!

		One of the coolest things about e-mail is the way you can attach stuff. I'm
talking pictures, Web addresses, and sound files that help you make your
point -- typically humorous. Sounds can be sent as MP3s, MIDIs and other
files, but most are sent as WAVs ("waves"), the .wav file eextension. They're
bigger and bulkier than MP3s, but they're fine for most brief sound clips,
and they're the Windows default sound file so you know your recipient will
hear it -- assuming they have sound on their PC. Most folks do these days, so
sending a digital raspberry or hallo or belch or whatever can really perk up
your communiqu,. I'm a big Simpsons fan, and there has never been a source of
brief, pithy and hilarious clips like Homer. This site has all the "Do'hs!,"
"Woo-hoos!" and "Mmmmmmmm ... s" you could desire, along with other Homerisms
and quotes and clips from other Simpsons characters. The site has other sound
clips, too -- just check out the navigation bar to the left!

		Click here for Simpsons wavs!

		- Dennis Ryan

		Email  this tip to a friend - Browse  the Archives

		Today's Science & Technology News:

		U.S. Reamed Over Climate
		There's plenty of blame for the failure of U.N. climate talks, and most of it
is landing on the U.S. -- the world's largest polluter and energy user. At
issue is "carbon sinks," like forests and farmlands. The Guinness World
Reecord people launched their Web site with the world's smallest ad, mounted
on a bee's knee. Also -- Robocarp! -- Rich guy's Russian rocket ride --
Remember the Maine! -- Feathers or scales? -- NASA probe weathers solar storm
-- and "The Birth of a Virus." Click  here to read more!

		[IMAGE]

		E-greetings that are EMAZING!
		Easy, fun and FREE...EMAZING greetings are the cool way to say what you've
gotta say.

		Holiday gift shopping made easy...
		It's Flooz!  The online gift currency you send by email!

		Win a FREE Sony Playstation 2 from Half.com!
		Every dollar spent at Half.com is an entry.  Easy holiday shopping is waiting
for you at our Holiday Gift Central!

		Don't spend Christmas without the Grinch...
		Save up to 40% at Amazon's Dr. Seuss Shop!

		LET YOUR LAPTOP COMPUTER CONNECT TO THE INTERNET WIRELESSLY
		Sign up today for the Sierra Aircard and connect to the Internet Anytime,
Anywhere.

		[IMAGE]
		[IMAGE]

		Tip Gift
		@Home Internet Service
		Surf faster! Click here to learn about the nation's #1 broadband Internet
service

		Book
		BOOK  OF THE DAY
		The Beatles: The Beatles Anthology

		CD
		CD  OF THE DAY
		U2: All That You Can't Leave Behind

		Gift
		 GIFT  OF THE DAY
		Pacific Cycle: Red Blitz Mini Scooter

		DVD
		MOVIE  OF THE DAY (DVD)
		Mel Gibson: Chicken Run

		VHS
		MOVIE  OF THE DAY (VHS)
		A Charlie Brown Christmas

		Quote
		QUOTE  OF THE DAY
		You can pretend to be serious; you can't pretend to be witty.
		Sacha Guitry

		[IMAGE]
		[IMAGE]

		  Music is a way to escape the mundane world!
		And that's exactly what you can do with these FREE audio tips! Learn how to
take good care of your audio equipment, how to get the best sound for your
listening pleasure, or how to keep your mom from telling you to turn it down
(with the best headphones for your money)! Tune in to EMAZING's Audio Tip of
the Day! Click  here for more details.

		[IMAGE]
		?
		Advertise - Company Info - Feedback - Help - Jobs - Privacy Policy - Terms &
Conditions
		Archives - Edit Your Profile -?Unsubscribe

		EMAZING.com is a service of EMAZING, INC. Copyright 2000. All Rights Reserved.
		EMAZING.com - Whatever you're into, we email it to you. FREE!
[IMAGE]


Phillip,

My SSN is *********  .  Thank you for all the help.  Now maybe we can get
your Dad to Houston too!

Ed

Edmund A. Dowling
LTC, AR
Product Manager, ATAS
(256) 876-4800
Beeper (800) 374-4434 Pin # 13050


I would defer to Ben Jacoby as I have not worked on the development of these
sites.

Stuart


<<nondisclosure agreement.doc>>
Dear Vince:

I spoke with Ms Crenshaw yesterday afternoon about a conference call about
developing internet course material.   If you have already discussed this
with your colleagues, it might be helpful if you could very briefly outline
the questions and issues they might raise in the conference call so that I
can be a bit better prepared.

Ms Crenshaw also mentioned that you never received my earlier email
regarding the credit spread model I developed with Stathis and Sergey.  My
earlier email follows, and the nondisclosure agreement is attached.

I look forward to talking with you next week.

regards,

Sheridan
Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179

512-232-2787 (phone)
512-471-5073 (fax)

titman@mail.utexas.edu

>  -----Original Message-----
> From:  Sheridan Titman
> Sent: Friday, May 05, 2000 12:48 PM
> To: 'Vince.J.Kaminski@enron.com'
> Cc: Stathis Tompaidis
> Subject: pricing default
>
>
> Dear Vince:
>
> I really enjoyed meeting with you yesterday and learned a lot from our
> discussions.
>
> The UT Office of Technology Licensing and Intellectual Property has given
> us the attached form which they would like you to sign before we send you
> a copy of our paper on pricing default.  Please let me know if this is
> agreeable to you.
>
> I hope we have the opportunity to work with you in the future, either on
> the debt pricing models or on the other issues we discussed.
>
> I look forward to hearing from you.
>
> regards,
>
> Sheridan
>
>  << File: nondisclosure agreement.doc >>
> Sheridan Titman
> Department of Finance
> College of Business Administration
> University of Texas
> Austin, Texas 78712-1179
>
> 512-232-2787 (phone)
> 512-471-5073 (fax)
>
> titman@mail.utexas.edu
>

 - nondisclosure agreement.doc


We a conference room big enough for 8 people on Thursday, Nov 14 at 3:00 PM.

Vickie, I will see if the meeting date can be changed if Dan calls.


Start Date: 2/4/02; HourAhead hour: 20;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020420.txt


Hello Chris,

As per our conversation, I checked out some prices on the 1989 Porsche
911.  Right now the price for 1,000,000 liability, collision $1000
deductible, comprehensive $500 deductible would be about $1300 for six
months.  Your renewal is coming up in April and it looks as though your
rates would come down on this vehicle by $400. (The premiums on your
Jeep will also be coming down on renewal)  If you buy the vehicle and
just want to put fire, theft vandalism etc.. until spring, the cost is
about $280 for six months.

If you have any questions or concerns, please do not hesitate to contact
me by e-mail or by phone at 1-800-897-5074.

Yours truly,

Kim D'Onofrio
Personal Insurance Agent


Jim Steffes would like for you to participate in a conference call today,
February 12 at 12:30 Pacific, 2:30 pm Central, 3:30 Eastern time to discuss
the ISO Tariff and EES matters.   Conference room EB-4701 has been reserved
for the Houston participants.

 The call in number is:  1-888-232-0361
    Host Code (for Jim only) - 183108
    Participant Code (for everyone else)  - 792131

If you have any questions regarding this call, please give me a call at
713-853-3226.

Thanks,
Marcia


What are the plain facts around this Rexam deal?  --Sally

 -----Original Message-----
From: 	Leff, Dan
Sent:	Monday, November  5, 2001 1:42 PM
To:	Apollo, Beth; Hughes, Evan
Cc:	Beck, Sally
Subject:	FW: Meeting in Houston - October 29th -Forwarded

Beth / Evan

Making sure we are all on the same page re: the resolution, timing, responsibilities.

thanks - Dan

 -----Original Message-----
From: 	Gayle W Muench
Sent:	Thursday, November 01, 2001 5:22 PM
To:	David W Delainey; Jeremy Blachman; Dan Leff
Cc:	Evan Hughes; Ben Smith
Subject:	FW: Meeting in Houston - October 29th -Forwarded

Dave, Dan and Jeremy:

As you can see from the below "stacked" e-mails we continue to have significant issues in our attempt to bill the Rexam account.  Service Management has had weekly meetings with  Billing on this account and yet this problem still persists.  While I am confident that Ben and Evan are aware of this issue we do not seem to have either the ability or the proper resources to bring it to a sucessful resolution.

In addition to these issues on Rexam we have had a failure to follow through on a bill payment issue on a Tyco account that has caused us to not pay the utility bill for two months at the headquarters site.  This has been raised to our counterpart's attention at Tyco and though we have taken steps to resolve this event it has provided another data point in Tyco's mind as to our competency.  This is obviously happening at a important time in our negotiations.

Evan has acknowledged his accountability for building the procedures and processes that will allow us to successfully live up to our obligations in our contracts.

Gayle

-----Original Message-----
From: Childers, Craig
Sent: Wednesday, October 31, 2001 12:57 PM
To: Muench, Gayle W.; Hughes, Evan; Denner, Mark
Subject: FW: Meeting in Houston - October 29th -Forwarded

Any suggestions.

-----Original Message-----
From: Joe SASSO [mailto:joe.sasso@rexambca.com]
Sent: Wednesday, October 31, 2001 11:46 AM
To: cchilde@enron.com
Cc: jparker4@enron.com; Frank.Brown@rexam.com; dean.guzlas@rexambca.com;
jack.bender@rexambca.com
Subject: Meeting in Houston - October 29th -Forwarded

Craig,

This absolutely shocks me.  We really focused upon making the process
simple during the renegotiations and at last month's meeting we were
lead to believe that you had your hands around this.  For Jack to take this
much time and have so many errors is a totally non-value activity.

It certainly looks like the team from Enron needs more resources.  I'd
expect you to be prepared to explain at the monthly meeting in
Winston-Salem on the 8th what issues remain and specific action items
to resolve this problem in 2001.  We can not accept this as a go forward
process in 2002.  Is this too much to ask?

**********Below is the first e-mail.*************

Becky,

In retrospect, I wanted to comment on a few items from our meeting this
past Monday at your offices. I feel it is necessary to document what I still
perceive to be very poor performance on the invoice and account
management received from Enron.

While I had low expectations for this particular invoice - especially due to
many of the new rules coming into play for the Second Amendment - we
still spent almost 5 hours reviewing, changing and correcting this
document. When you take into account that 2 of the 3 California plants
did not have electric invoices for us to review - and this is not Enron's
fault but PG&E's - the fact that this review took so long is not a good
sign. Ten of the twenty-one individual plant statements had some type of
error - and half of those were serious errors.

I am looking to see vast improvements in the future. I do not see us
stopping this monthly review process in the near future, and days like
Monday reinforce that thinking.

On another note, we spent close to an hour on the Natural Gas slip-up
with our Olive Branch Plant - which was inexcusable. I credit Enron for
doing the firefighting drill to reestablish nominations in time for the
November cutoff; however, the situation should have never been
allowed to spin out of control in the first place. I had to intercede with the
Energy Management representative to keep the nomination open beyond
noon to accommodate this oversight. I am looking to have Barry or Evan
provide me with an action plant to prevent his in the future.

Unfortunately, this allowed us little time to review open issues. I will
recap those we did review on future e-mails. Sometime today or
tomorrow, I will coordinate a time that we can then "resume our meeting"
via phone.

Regards,
Jack Bender


Where do I begin?  I guess I could start with several excuses or reasons to justify my behavior on Friday, but the truth is there aren't any.  I only am left with total humiliation and embarrassment for my actions, words, and behavior.  Please accept my sincere apology.

Sandra


who is better for the avs to play?  what has been going on in denver?


Here they are.

Best,
Jeff

 - dacoalition.summary.doc
 - subscription.protocols revised

	Tom Riley/Western Region/The Bentley Company@Exchange
	02/22/2001 11:47 AM

		 To: Dennis Benevides/HOU/EES@EES, Eric Melvin/HOU/EES@EES
		 cc: Mike D Smith/HOU/EES@EES, Jeff Dasovich/NA/Enron@Enron
		 Subject: UC/CSU

Dennis, Eric,

Jeff Dasovich will be sending you language currently being contemplated by
the CPUC regarding customers switching from Bundled Utility status to Direct
Access status.  We need to begin estimating the price tag for what that
switch back may be in regards to UC/CSU.  Please take a look at the current
contemplated language and assess if we are able to translate that into a
cost, recognizing we are in a very fluid environment.  We need an assessment
by tomorrow (assuming, of course, that the existing language provides us
enough guidance to make such an assessment).

Thank you - Tom


Reminder to call Terry at Andrews & Kurth.


WEST COAST AND ALASKA TSUNAMI WARNING CENTER/NOAA/NWS
ISSUED 03/31/2002 AT 0723 UTC

...THIS TSUNAMI INFORMATION BULLETIN IS FOR ALASKA, BRITISH
   COLUMBIA, WASHINGTON, OREGON, AND CALIFORNIA ONLY...

NO - REPEAT NO - WATCH OR WARNING IS IN EFFECT.

EARTHQUAKE DATA:
 PRELIMINARY MAGNITUDE: 7.3
 LOCATION: 24.7N 122.2E - TAIWAN REGION
 TIME: 2153 AST 03/30/2002
       2253 PST 03/30/2002
       0653 UTC 03/31/2002

EVALUATION:
 BASED ON LOCATION AND MAGNITUDE THE EARTHQUAKE WAS NOT
 SUFFICIENT TO GENERATE A TSUNAMI DAMAGING TO CALIFORNIA,
 OREGON, WASHINGTON, BRITISH COLUMBIA OR ALASKA. SOME AREAS MAY
 EXPERIENCE SMALL SEA LEVEL CHANGES. IN AREAS OF INTENSE
 SHAKING, LOCALLY GENERATED TSUNAMIS CAN BE TRIGGERED BY SLUMPING.

THE PACIFIC TSUNAMI WARNING CENTER WILL ISSUE TSUNAMI BULLETINS
FOR HAWAII AND OTHER AREAS OF THE PACIFIC.

THIS WILL BE THE ONLY BULLETIN ISSUED FOR THIS EVENT BY THE
WEST COAST AND ALASKA TSUNAMI WARNING CENTER UNLESS CONDITIONS
WARRANT. REFER TO THE INTERNET SITE HTTP://WCATWC.ARH.NOAA.GOV
FOR MORE INFORMATION.
[TSUPAQ / WEPA41 PAAQ 1017559414]

EDIS-03-30-02 2323 PST

(Special thanks to craigslist for helping get this to you quickly!)
---------------------------------------------------------
To update or terminate your subscription to this email service
visit our webpage at http://www.incident.com/edismail.html.
Please DO NOT reply to this message: replies may be treated as
errors and result in your subscription being deleted.  If
you have trouble with the Web form, or for other queries, email
<edistrouble@incident.com>.  (But for faster service try the
Web method first!)

EDIS is operated by the Governor's Office of Emergency Services,
State of California. This email relay service is offered by
incident.com on a non-commercial, subscription-only basis.
Because of the complexity of this system and its dependence on
other systems, we cannot be responsible for delays or failures
in forwarding or transmission.
---------------------------------------------------------


Applied Finance - May 31-June 1, 2001
in EB552   Cost:  $700.00

The objective of this program is not to teach you how to do a deal, but
rather, to give you a better understanding of how basic financial principals
contribute to the structure of a deal.    It will also provide you with
insight to Enron deals in order that you can make a contribution to the work
that goes into putting one together.

When you leave the program, you will have:

R An understanding of basic financial and accounting issues relevant to
Enron's transactions.
R A basic understanding of how Enron structures deals - the "deal space" and
how the financial principals discussed  relate to  Enron deals.
R The ability to take the financial principals and apply them to an Enron
deal.

Please login and enroll through the InvestInMe website,
http://www.corptraining.com/index.cfm?company=enron.  If you have any
questions, please call 713 853-0357.


Re: Note I left on your desk. Could you take a look at this deal when you get
a chance?

Thanks,
Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 01/09/2001 04:53 PM
---------------------------

	From:  Kimberly Allen                           01/09/2001 01:48 PM

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

Subject: #485446

Kate,
I received and index trade into NP15 that Chris Mallory did. For Price the
confirmations states:

The average day ahead, post congestion price for the Constrained Price as
published by the California Power Exchange for the on in the period of
delivery stated herein plus 3.00.

Is this language o.k. to accept on the confirmation.

Thanks,

Kimberly Indelicato
33031