please reserve a seat for me.  thank you.

	From:  Becky Young @ ENRON                           07/05/2000 09:29 AM

To: Steve Venturatos/HOU/ECT@ECT, Janet H Wallis/HOU/ECT@ECT, Brenda F
Herod/HOU/ECT@ECT, Gary W Lamphier/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT, Edward
D Gottlob/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT,
Elsa Villarreal/HOU/ECT@ECT, Carey M Metz/HOU/ECT@ECT, Thomas A
Martin/HOU/ECT@ECT, Greg McClendon/HOU/ECT@ECT, Stacey Neuweiler/HOU/ECT@ECT,
Mike Grigsby/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Keith
Holst/HOU/ECT@ect, Jane M Tholt/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Steven
P South/HOU/ECT@ECT, Frank Ermis/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Tori
Kuykendall/HOU/ECT@ECT, Paul T Lucci/DEN/ECT@Enron, Matthew
Lenhart/HOU/ECT@ECT, Kimberly S Olinger/HOU/ECT@ECT, Kenneth
Shulklapper/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Beverly
Beaty/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT,
Tricia Bowen/HOU/ECT@ECT, Joe A Casas/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT,
Judy Townsend/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Jared Kaiser/HOU/ECT@ECT,
Maureen Smith/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT,
Scott Neal/HOU/ECT@ECT, Susan W Pereira/HOU/ECT@ECT, Scott
Hendrickson/HOU/ECT@ECT, Sarah Mulholland/HOU/ECT@ECT, Brad
McKay/HOU/ECT@ECT, Kate Fraser/HOU/ECT@ECT, Jennifer Fraser/HOU/ECT@ECT,
Sandra F Brawner/HOU/ECT@ECT, Brian Hoskins/HOU/ECT@ECT, Peter F
Keavey/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT,
Craig Breslau/HOU/ECT@ECT, Jennifer Shipos/HOU/ECT@ECT, Susan
Wood/HOU/ECT@ECT, Josephine Lin/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT,
George N Gilbert/HOU/ECT@ECT, Ross Prevatt/HOU/ECT@ECT, Sabra L
Dinari/HOU/ECT@ECT, Colleen Sullivan/HOU/ECT@ECT, Farzad
Farhangnia/HOU/ECT@ECT, Sylvia S Pollan/HOU/ECT@ECT, Charles T
Muzzy/HOU/ECT@ECT, Theresa Branney/HOU/ECT@ECT, Eva Pao/HOU/ECT@ECT, Fletcher
J Sturm/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Geoff Storey/HOU/ECT@ECT,
Andrew H Lewis/HOU/ECT@ECT, Maria Garza/HOU/ECT@ECT, Kevin
Ruscitti/HOU/ECT@ECT, Jason Williams/HOU/ECT@ECT, Martin Cuilla/HOU/ECT@ECT,
Kelli Stevens/HOU/ECT@ECT, Ed Smith/HOU/ECT@ECT, Tom Donohoe/HOU/ECT@ECT,
George Smith/HOU/ECT@ECT, Lisa Kinsey/HOU/ECT@ECT, Margie
Straight/HOU/ECT@ECT, Reyna Cabrera/HOU/ECT@ECT, Lucy Ortiz/HOU/ECT@ECT,
Barry Steinhart/Corp/Enron@Enron, Danny Conner/NA/Enron@Enron, Jim
Schwieger/HOU/ECT@ECT, Barbara Lewis/HOU/ECT@ECT, Todd
Richardson/Corp/Enron@Enron, Steve Gillespie/Corp/Enron@ENRON, Scott
Goodell/Corp/Enron@ENRON, Larry May/Corp/Enron@Enron, Mike
Maggi/Corp/Enron@Enron, Mark Smith/Corp/Enron@Enron, Bill
Berkeland/Corp/Enron@Enron, Caroline Abramo/Corp/Enron@Enron, Chris
Gaskill/Corp/Enron@Enron, Troy Black/Corp/Enron@ENRON, Nelson
Ferries/Corp/Enron@ENRON, Scott Loving/NA/Enron@ENRON, Joe
Parks/Corp/Enron@ENRON, Russell Dyk/Corp/Enron@ENRON, John
Grass/Corp/Enron@ENRON, Darren Espey/Corp/Enron@ENRON, Elizabeth
Shim/Corp/Enron@ENRON, Wes Dempsey/NA/Enron@Enron, Cora
Pendergrass/Corp/Enron@ENRON, Barry Steinhart/Corp/Enron@Enron
cc: Ina Rangel/HOU/ECT@ECT, Airam Arteaga/HOU/ECT@ECT, Kimberly
Brown/HOU/ECT@ECT, Barbara Lewis/HOU/ECT@ECT, Laura Harder/Corp/Enron@Enron
Subject: PIRA Natural Gas Briefing

PIRA representative, Greg Shuttlesworth will be at Enron on Thursday, July 27
from 3:00pm - 4:30 pm in EB30C1 to give a natural gas briefing.  This
briefing is included in the current consultant relationship between PIRA and
ENA.  This meeting has been rescheduled once again, due to the fact that Greg
will be unable to travel to Houston any other time in the next few months.
Please respond to me if you plan to be in attendance for this briefing, if
you have already responded to the last e-mail, I still have your seat
reserved and no additional response is necessary.

Thanks,
Becky Young
x30622


World Watch
The Wall Street Journal, 10/01/01
INDIA: Panel suggests Indian govt pay in Enron row-paper.
Reuters English News Service, 10/01/01
INDIA: Tata Power said in talks to buy India Enron stake.
Reuters English News Service, 10/01/01
Greece Awards 4 Electricity Production, 8 Supply Permits
Dow Jones International News, 10/01/01
Cong, NCP differ over Enron probe panel issue
The Times of India, 10/01/01
Calif. utility closer to bankruptcy
The Star-Ledger Newark, NJ, 09/30/01
RULING SLOWS EFFORTS TO AID THOSE BESET WITH HIGH ELECTRIC BILLS
Portland Oregonian, 09/30/01
Calif Pwr Generators Demand Repayment, Threaten Lawsuit
Dow Jones Energy Service, 09/29/01
REGULATORS WILL NOT DELAY PGE INCREASE
Portland Oregonian, 09/29/01
Firms Push Edison Near Bankruptcy Energy: Power generators ask firm to spell out how they will be repaid hundreds of millions of dollars for purchases under deregulation plan.
Los Angeles Times, 09/29/01

International
World Watch
Compiled by Lily H. Li

10/01/2001
The Wall Street Journal
A12
(Copyright (c) 2001, Dow Jones & Company, Inc.)

Azurix Abandons Argentine Concession
Azurix, a unit of Houston-based Enron, has decided to abandon its $440 million, 30-year concession to operate drinking- and waste-water services in Buenos Aires province and is trying to recover all investments made there in the past 26 months, a company spokesman said. In addition, Enron and Azurix will seek "some level of damages in addition to the money we've spent," said John Ambler, Enron's spokesman for its Latin American operations. On Sept. 19, the company filed a claim with the International Centre for the Settlement of Investment Disputes in Switzerland against the Republic of Argentina to make sure "that all of our rights are protected," he said.

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

INDIA: Panel suggests Indian govt pay in Enron row-paper.

10/01/2001
Reuters English News Service
(C) Reuters Limited 2001.

BOMBAY, Oct 1 (Reuters) - An Indian panel has suggested the federal government be willing to spend almost 57 billion rupees ($1.19 billion) to help resurrect the Enron Corp Dabhol power project, which stopped producing electricity more than three months ago, a business daily said on Monday.
The panel was constituted in early 2001 to review all aspects of the controversial power project, set up at a cost of $2.9 billion on the west coast of India.
The Business Standard daily said the panel's report had suggested Dabhol's various stakeholders all be willing to absorb the costs that would have to be incurred to revive the 2,184 MW gas-based project.
Dabhol Power Company is 65 percent owned by Enron Corp . GE and Bechtel own 10 percent each, while the Maharashtra State Electricity Board, a local state-owned power utility, owns the remaining 15 percent.
The western state of Maharashtra is a guarantor to the Dabhol project and the federal government is its counter-guarantor.
U.S.-based Enron has said it wants to exit the project after a bitter dispute with the local utility, which had initially contracted to purchase all the power from Dabhol Power Company's plant.
It subsequently defaulted on payments, saying it didn't need that much power, which it claimed was too expensive in any case. Enron claimed the utility was reneging on its contractual obligations.
Dabhol finally took the utility to the International Court of Arbitration in London, warning India faces liabilities worth $5 billion.
But Enron has simultaneously said it is willing to settle out of court if it can recover its costs.
While there have been many suggestions, the panel's report is among the few to provide a detailed solution, including the liability each party would have to shoulder.
A SOLUTION
The panel was set up by the Maharashtra government. Its main brief was to suggest ways of reworking the power purchase agreement so as to reduce Dabhol's tariff. After the dispute worsened, the panel was also asked to suggest revival measures.
The panel proposed that if all the stakeholders were willing to absorb the specified losses, the tariff on Dabhol's power could be reduced to between 2.25 and 2.4 rupees per kilowatt-hour from 3.65 to 3.91 rupees at 90 percent capacity utilisation, the newspaper reported.
According to the panel's report, the federal government's liability of 56.63 billion rupees included an infusion of 25 billion in cash, waiving customs duties on the import of liquefied natural gas (LNG) and cutting import duties on capital goods, the report said.
It said the panel has also suggested Enron, GE and Bechtel together absorb a loss of 28.35 billion rupees on their investment in the project. ($1=47.93 rupees).

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

INDIA: Tata Power said in talks to buy India Enron stake.

10/01/2001
Reuters English News Service
(C) Reuters Limited 2001.

BOMBAY, Oct 1 (Reuters) - India's largest private utility, Tata Power Company, is in preliminary talks with Enron Corp to buy the U.S. giant's stake in the troubled $2.9 billion Dabhol Power unit, Indian media reported.
The Economic Times said in a weekend report that Tata Power , a unit of India's second-largest conglomerate, would start final negotiations with Enron after the consultants it had appointed to value the project submitted a report.
It said JM Financial and Ernst & Young had been appointed to carry out a due diligence exercise.
The paper quoted Tata Power Managing Director Adi Engineer as saying his company would "demand Enron scale down the (selling) price" to make it viable to buy the stake.
Engineer was not immediately available for comment.
The Financial Express said in an unsourced report on Saturday that Tata Power and Enron were close to an agreement on the stake deal.
Indian financial institutions and banks, which have lent around $1.4 billion to the project, are coordinating efforts to find a buyer for Enron's stake.
"Our search for a viable partner is on," a source from a domestic lender told Reuters.
He said Tata Power officials met P.P.Vora, chairman of state-run Industrial Development Bank of India - the biggest lender to the project - and Enron officials last Thursday to start negotiations.
Enron has a 65 percent stake in the embattled project, Indian state utility Maharashtra State Electricity Board owns 15 percent and General Electric Co and Bechtel Corp. each own 10 percent.
Dabhol has faced problems ever since it was forced to shut its 740 MW plant on the west coast of India in June after its sole customer, a local state utility, stopped buying power.
It had also defaulted on earlier payments.
The shutdown has stalled an expansion programme, which was almost complete, that would have raised the capacity to 2,184 MW.
Tata Power shares were down 1.5 percent at 98.80 rupees while the Bombay benchmark index was down 0.65 percent in morning trade.

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

Greece Awards 4 Electricity Production, 8 Supply Permits

10/01/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

ATHENS -(Dow Jones)- Greece has awarded four electricity transmission unit licenses totaling 1,100 megawatts and eight electricity production permits totaling 954 MW, the country's development ministry said late Friday.
The four groups to operate electricity transmission units are U.S. Enron Corp. (ENE) for capacity of 350 MW, Italy's Enel SpA (EN) for 250 MW, Switzerland's Atel for 300 MW and U.S. Cinergy Corp. (CIN) for 200 MW.
The companies awarded electricity production permits were both local consortia and foreign companies.
Greece's Michaniki (I.MCH) and Aegek each received permits for 93 MW production capacity.
Kavala CCGT, a consortium made up of France's Electricite de France (F.EDF) and Hellenic Energy and Development, was awarded a 440 MW production capacity permit.
Cinergy Global Trading Ltd. received a 80 MW permit and a 50 MW permit while Aluminium of Greece (I.ALG), the Greek subsidiary of France's Pechiney SA (PY), received three permits, each for a capacity of 66 MW.
-By Paul Tugwell, Dow Jones Newswires; 301 3312 881; paul.tugwell@dowjones.com

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

Cong, NCP differ over Enron probe panel issue
Prakash Joshi

10/01/2001
The Times of India
Copyright (C) 2001 The Times of India; Source: World Reporter (TM)

MUMBAI: The delicate relationship between the Congress and the Nationalist Congress Party has been stretched to a breaking point following differences over the appointment of a retired Supreme Court judge to head the panel to probe into the Enron issue.
According to sources, the state government has completed necessary paper work after the state cabinet decided in principle to go for a judicial commission.
The NCP leadership is upset about the speed with which the commission is being constituted by the state administration. The NCP wanted to go slow with the idea.
On Friday, chief minister Deshmukh held a closed door meeting to decide on two issues whether to defer the constitution of the judicial panel and the NCP criticism on the chana dal and other issues aired after the Baramati conclave was convened by the party last week.
Though Deshmukh was not available, Congress sources confirmed that the cabinet was unanimous over immediate constitution of the commission.
"If the government is seen as buckling under the NCP's pressure and delaying the judicial probe, then it will send a wrong signal to people, a senior Congress minister observed Saturday, adding, "We will not do anything to stop the process in midway".
The NCP leadership, too, is under pressures from other constituents of the Democratic Front ruling the state, especially the Peasants and Workers Party and the Janata Dal (Secular), on the issue.
At one stage, the senior PWP minister Ganpatrao Deshmukh had even threatened to resign from the cabinet if the probe was delayed, and Chhagan Bhujbal, deputy chief minister, had to agree with the cabinet committee on the proposal for the commission.
The hawks in the NCP wanted the party oppose the move, but the moderates noted that any opposition to the probe would give the impression to the masses that the NCP had something to hide.
The NCP has been arguing since the Prime Minister himself was trying to sort out the differences with Enron, the state cabinet should not hurry up with appointment of the judicial commission and, thereby, close doors for negotiations.

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

News
Calif. utility closer to bankruptcy
ASSOCIATED PRESS

09/30/2001
The Star-Ledger Newark, NJ
FINAL
034
(c) 2001. The Star-Ledger. All rights reserved.

Pushing Southern California Edison one step closer to bankruptcy, five power generators are demanding it repay hundreds of millions of dollars or face possible litigation.
Officials for the companies - Reliant, Mirant, Dynegy Corp., Enron Corp. and Puget Sound Energy, the biggest investor-owned utility in Washington state - have asked Edison to sign an agreement spelling out how each would be repaid and implied that they would drag the utility into Bankruptcy Court otherwise, the Los Angeles Times reported yesterday.
Under federal law, any three creditors can force a company to file for bankruptcy if they are owed a combined $10,775.
Gov. Gray Davis has called for a third session of the state Legislature to deal with the energy crisis and force lawmakers to come up with a plan to save Edison.
Edison has already agreed to repayment plans with a number of smaller producers who collectively are owed $1.2 billion. Earlier this week, Edison announced a $14 million repayment plan with the city of Long Beach.
Other companies have opted to wait for the special legislative session, set to convene Oct. 9.
Under a propsed rescue plan for Edison that the Legislature failed to pass earlier this month, the utility would have repaid its smaller creditors and left the bigger companies without the $1 billion they are owed.
Edison racked up the $3.9 billion debt over the past year under the state's deregulation plan, which included a rate freeze that kept Edison from passing the full cost of power onto its customers.

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

BUSINESS
RULING SLOWS EFFORTS TO AID THOSE BESET WITH HIGH ELECTRIC BILLS
TOM DETZEL - The Oregonian

09/30/2001
Portland Oregonian
SUNRISE
C01
(Copyright (c) The Oregonian 2001)

Summary: After a judge rejects the claims of several Northwest utilities, a commision will once again tackle the issue
An administrative judge's blunt rejection of claims by Northwest utilities for more than $500 million in wholesale electricity refunds tosses the issue back in the lap of the Federal Energy Regulatory Commission.
The sweeping decision by Judge Carmen A. Cintron, issued Monday, is likely to prolong the legal and political haggling over how -- if at all -- to steer relief to consumers who saw bills rise after power prices hit record levels.
"The ruling is a mixed bag," said Rep. Peter DeFazio, D-Ore., who advocates stronger action by the commission to protect ratepayers. "We've got winners and losers in the Northwest under what happened with the huge run-up in prices."
In part, it was this concern about the difficulty of ordering refunds so as not to unfairly punish or reward utilities that drove Cintron to recommend that the five-member commission drop the Northwest case, which opened in August.
Seven utilities -- Seattle City Light, Tacoma Power, the Port of Seattle, Eugene Water & Electric Board, Northern Wasco PUD, Clark Public Utilities of Vancouver and Sacramento Municipal Utility District -- sought $505 million in what they said were unjust overcharges for wholesale power they bought.
The claims were originally part of a larger case involving California's claim to $9 billion in refunds stemming from that state's power crisis, but the regulatory commission's split the Northwest case because of differences in the way the two markets work.
Under the law, the commission is charged with ensuring that electricity rates are "just and reasonable." The commission has already found that wholesale rates were unjust in California, and a proceeding to determine what refunds are justified there is expected to continue through March.
Similarly, the commission's charge to Cintron was to determine whether refunds were warranted in the Northwest and, if so, how much is owed to whom. But after two months of legal haggling involving 78 parties and thousands of pages of briefs, Cintron's conclusions were stunningly direct.
No refunds should be ordered, she said, because the wholesale power market in the Northwest functioned as a competitive market should have.
Moreover, Cintron said, ordering after-the-fact refunds would have a "chilling effect" on the region's energy markets.
In the short term, sellers might be reluctant to offer power when it is most needed -- and prices are high. Over the long term, it could hamper investment in new power plants to supplement the Northwest's hydropower base.
"Given the nearly universal agreement that the Western markets as a whole need substantial new capacity additions in the next several years, a loss of confidence and exit of investors is the very worst result that could be envisioned," Cintron wrote.
That argument mirrored the case made by a group of parties that included investor-owned utilities such as PacifiCorp and Portland General Electric, power marketing companies such as Enron and Duke Energy and big consumer-owned utilities such as the Grant and Chelan county public utility districts in Washington.
Among other things, the 42-member group argued that most market players in the Northwest opposed refunds, and that high prices alone were not an indication that sellers were exercising undue market power.
Cintron agreed, finding that prices during the Dec. 25, 2000, to June 20 refund period proposed by the regulatory commission reflected shortages in water supply from the region's drought, weather- influenced demands and high natural-gas prices.
As such, "The parties have failed to show that market-based prices charged in the Pacific Northwest during the potential refund period were unjust and unreasonable," Cintron said.
Some think price was unreasonable
The judge's finding left DeFazio and some participants in the case perplexed: What could be said in defense of a commission market design that allowed wholesale power prices to peak above $3,000 a megawatt-hour -- more than 100 times the historic price -- and prompt double-digit rate increases for consumers?
"It's not doing anybody much good to have a market that generates that kind of volatility and those kinds of brutal prices," said Simon ffitch, an assistant attorney general for Washington, which backed the utilities' seeking refunds.
Wayne Nelson, general manager of Clark Public Utilities, which sought $64 million in the case, said Cintron's reasoning came across as simplistic.
"She seems to be saying, 'If the market's charging these rates, and everyone's paying them, then they're fair and reasonable,' " Nelson said. "I think you have too look one layer below that to see if the market was reasonable.
"It seems to me that's where the analysis stopped," he said.
Resales are complicating factor
Clark's claim provides an example of the complexity of the case.
The $64 million is for power the utility purchased from Kaiser Aluminum, which shut Northwest operations because of high electricity costs. But Kaiser had contractual rights to remarket low-cost federal power from the Bonneville Power Administration.
On Feb. 2, Kaiser agreed to sell Clark 140 megawatts worth of power for delivery in August and September for $325 per megawatt- hour -- more than 14 times the price the BPA was charging Kaiser for the power under its contract.
Clark's claim prompted Kaiser to join the case and argue that it had no refund liability because Bonneville sold the electricity. Bonneville, in its filings, claimed it shouldn't be required to pay a refund on money it handed to Kaiser or other aluminum company customers who had similar remarketing sales.
Part of Seattle City Light's $278 million refund claim included electricity the city bought through the BPA from Columbia Falls Aluminum in Montana.
Bonneville, the region's dominant provider of wholesale electricity, submitted filings in the California refund case suggesting it could be owed refunds of $70 million or more for power purchases it made. But in the Northwest case, the BPA argued against refunds on a variety of grounds.
Doubts over jurisdiction
A key claim was that the commission, under the Federal Power Act, has no jurisdiction to order the BPA or consumer-owned utilities -- municipals, PUDs and cooperatives -- to pay refunds.
Because of this jurisdictional question, a number of parties in the case -- including the Oregon Office of Energy -- argued that there is no practical way to order refunds and be fair to all the market players involved.
Power marketing companies, investor-owned utilities and others within the commission's jurisdiction could be exposed to refund liability, while theBPA and others would be exempt -- even though all bought and sold electricity in the same market at prices that, while high, were freely agreed to.
"We do still find that prices are unjust and unreasonable," said Phil Carver of the Oregon energy office. "But how you remedy it in a bilateral market is a mystery to me."
Commission reaction unknown
The judge's recommendations now go to the regulatory commission, which next meets Oct. 11. Commission members are prohibited from publicly discussing pending cases, and neither Chairman Pat Wood III nor commissioner William Massey returned calls about Cintron's ruling.
In July, all five commissioners voted to open the Northwest case. At the time, Massey showed the most sympathy for potential refunds, declaring that ratepayers in the region "paid what I consider to be outrageous prices for power that caused a lot of economic dislocation plant-closings."
But no one seemed willing to guess how the commission might react to Cintron's findings.
Even if the commission were to follow Cintron's recommendation and dismiss the case, the decision would be subject to further appeals and rehearings.
"I don't think this is the last we've heard of it," said Peter Burger, the lawyer who represented Bonneville in the case. "This is just Chapter One."
You can reach Tom Detzel at 503-294-7604 or by e-mail at tom.detzel@newhouse.com.
WHAT'S NEXT
Judge Carmen A. Cintron's recommendations now go to the Federal Energy Regulatory Commission, which next meets Oct. 11. The five- member panel could accept them, modify or reject them in part, or order yet more fact-finding.

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

Calif Pwr Generators Demand Repayment, Threaten Lawsuit

09/29/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

LOS ANGELES (AP)--Pushing Edison Internation's (EIX) Southern California Edison unit one step closer to bankruptcy, five power generators are demanding the company repay hundreds of millions of dollars or face possible litigation.
Officials for the companies have asked Edison to sign an agreement that would spell out exactly how each would be repaid and implied that they would drag the utility into Bankruptcy Court otherwise, the Los Angeles Times reported Saturday.
Under federal law, any three creditors can force a company to file for bankruptcy if they are owed a combined $10,775. The five generating companies collectively are owed hundreds of millions of dollars, although the exact total is not known.
Meanwhile, Gov. Gray Davis has called for a third, extraordinary session of the state Legislature to deal with the energy crisis, and specifically to force lawmakers to come up with a plan to save Edison.
The demand for repayment came in the form of a letter from William Bates III, an attorney representing the five power generators. In the letter, company officials expressed frustration that Edison has been unwilling to work out a repayment plan.
"We would be willing to discuss any ideas SCE has about an agreement to repay its debt, but we don't want to waste anybody's time," Bates wrote. "Thus, as a first step we want to know whether SCE is interested in negotiating. ... Please give us a simple 'yes' or 'no' answer to that question."
Edison officials refused comment.
The five companies are Reliant Energy Inc. (REI), Mirant Corp. (MIR), Dynegy Inc. (DYN), Enron Corp. (ENE) and Puget Sound Energy (PSD), which is the biggest investor-owned utility in Washington state.
Edison has already agreed to repayment plans with a number of smaller producers who collectively are owed $1.2 billion. Earlier this week, Edison announced a $14 million repayment plan with the city of Long Beach.
"Edison can take steps to assure that all creditor classes are treated equally," said Richard Wheatley, a spokesman for Reliant Energy in Houston, Texas, which is owed at least $100 million by Edison.
Other companies have opted to wait for the special legislative session, set to convene Oct. 9.
Under a proposed rescue plan for Edison that the Legislature failed to pass earlier this month, the utility would have repaid its smaller creditors and left the bigger companies without the $1 billion they are owed.
Edison racked up the $3.9 billion debt over the past year under the state's deregulation plan, which included a rate freeze that kept Edison from passing the full cost of power onto its customers.

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

BUSINESS
REGULATORS WILL NOT DELAY PGE INCREASE
GAIL KINSEY HILL - The Oregonian

09/29/2001
Portland Oregonian
SUNRISE
D01
(Copyright (c) The Oregonian 2001)

Summary: The Oregon Public Utility Commission declines a request to postpone an electricity rate increase
Rate increases for Portland General Electric customers will go into effect Monday as regulators initially had ordered, despite a last-minute effort by consumer and business groups to delay the start date.
Associated Oregon Industries, Industrial Customers of Northwest Utilities and the Citizens' Utility Board had asked regulators to postpone the increases, arguing "rate shock" and irreparable economic harm.
Monthly electricity bills will go up an average of 32 percent for residential customers. Rates will rise 37 percent to 53 percent for business customers.
Portland-based PGE serves 730,000 customers, primarily in the northern Willamette Valley.
A petition, filed Sept. 24, argued that "the combination of PGE's unprecedented rate increases and the resulting economic impacts for PGE's residential, commercial and industrial customers could deal the local economy a crushing blow."
In denying the request, the Oregon Public Utility Commission concluded that petitioners had failed to provide adequate evidence that utility customers would be irreparably injured by the increases.
PUC Chairman Roy Hemmingway said regulators must weigh the interests of utilities as well as customers.
"PGE had to buy power in a very high-cost power market, and these costs need to be passed on to customers," he said. "To ask PGE to eat these costs would harm PGE and probably be illegal."
PGE had said that any delay would have cut into finances and forced it to borrow large amounts of money to cover mounting costs.
"We appreciate the commission upholding its original decision," said Scott Simms, a PGE spokesman. The higher rates reflect "prudently incurred expenses," Simms said.
The utility commission has yet to rule on a second petition filed by the same three interest groups. This one asks that regulators review the rate increases in light of worsening economic conditions.
The groups have criticized some of the operating expenses that PGE claimed in seeking the new rates. In addition, they say that the rates could be phased in, thereby easing the impact.
The commission will decide by Oct. 31 whether they will reconsider the order that put the rates into effect.
"I think it's good news (the PUC) did not rule at this point on the motion" to reconsider the order, said Jason Eisdorfer, an attorney with the Citizens' Utility Board. "It sounds like they'll thoughtfully go through the arguments."

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

California; Metro Desk
Firms Push Edison Near Bankruptcy Energy: Power generators ask firm to spell out how they will be repaid hundreds of millions of dollars for purchases under deregulation plan.
NANCY VOGEL; JERRY HIRSCH
TIMES STAFF WRITERS

09/29/2001
Los Angeles Times
Home Edition
B-1
Copyright 2001 / The Times Mirror Company

SACRAMENTO -- Five big energy companies owed hundreds of millions of dollars by Southern California Edison pushed the utility a step closer to bankruptcy Friday by asking Edison to sign an agreement spelling out how each will be repaid.
The companies demanded that Edison meet with them within two weeks to work out a repayment plan and implied that otherwise they would drag the Rosemead-based utility into Bankruptcy Court. Under federal law, any three creditors can force a company to file for bankruptcy if they are owed a combined $10,775. The five generating companies collectively are owed hundreds of millions of dollars, although the exact total is not known.
The letter was a significant step in maneuvering over Edison's fate--a dance that has gone on for months but now appears to be nearing its close.
Edison has been reaching deals with some of its creditors, but has kept others waiting. Some power generators, in turn, have been threatening to push Edison into bankruptcy, although so far only Mirant Corp. and Reliant Energy have publicly embraced that idea. And Gov. Gray Davis and legislative leaders have continued to debate a plan that the governor believes could avoid a bankruptcy.
The letter, sent by William Bates III, a Palo Alto attorney representing the five power generators, expressed frustration that Edison so far has been unwilling to work out a repayment plan with large power producers. Under the Edison rescue plan that the Legislature debated and ultimately adjourned without passing earlier this month, Edison would have settled with its smaller creditors but been left with $1 billion in debt to big power sellers.
"This group of creditors is significant in both number and amount and deserves and requires to be dealt with as such," says the letter to Edison's private attorney, Thomas B. Walper of Munger, Tolles & Olson in Los Angeles.
"We would be willing to discuss any ideas SCE has" about an agreement to repay its debt, the letter continues, "but we don't want to waste anybody's time. Thus, as a first step we want to know whether SCE is interested in negotiating. . . . Please give us a simple 'yes' or 'no' answer to that question.
"Of course, we reserve all our rights and remedies in the event that SCE does not want to meet on these terms or we cannot reach a mutually satisfactory agreement," Bates wrote.
The five companies are Reliant, Mirant, Dynegy Corp., Enron Corp. and Puget Sound Energy, which is the biggest investor-owned utility in Washington state.
Edison officials refused to comment.
The frustration on the part of the power generators appeared to mount Tuesday, when Edison announced that it had reached an agreement to pay off its $14-million debt to the city of Long Beach, which sold Edison electricity produced at a trash-fueled power plant on Terminal Island.
Edison has also reached repayment plans with many small and renewable power producers who collectively are owed $1.2 billion.
"Edison can take steps to assure that all creditor classes are treated equally," said Richard Wheatley, a spokesman for Reliant Energy in Houston, which is owed $100 million to $200 million by Edison.
A spokesman for Atlanta-based Mirant, which is also owed more than $100 million, sounded a similar note. "It is time SCE made clear when, how much and even if it is going to pay us," Patrick Dorinson said.
So far, other creditors have balked at the idea of pushing Edison into bankruptcy, believing that a judge would probably consider a bankruptcy petition premature until after the Legislature meets Oct. 9 in a special session to deal exclusively with Edison's plight.
Davis, who insists that Edison should not be allowed to file for bankruptcy, ordered the new session earlier this month after legislators adjourned without passing any legislation that would shrink Edison's debt.
Other Creditors Take Notice
Senate leader John Burton, (D-San Francisco), has said that any such bill would have to guarantee that the burden of paying off the utility's $3.9-billion debt does not fall on homeowners and small-business owners.
The letter from the five generators caught the attention of other creditors who have so far played along with SCE's strategy of winning a legislative rescue.
"From our perspective, the days of luxury for Edison are over," said John Moorlach, Orange County treasurer. The county holds $1 million of defaulted SCE bonds in its retirement plan.
Moorlach said he believes that if SCE does not quickly reach an agreement with the generators, they will push the utility into Bankruptcy Court.
"By doing this, the generators are trying to show that they are making a good-faith effort to reach a settlement first," Moorlach said.
But Jay Lawrence, spokesman for the Renewable Energy Creditors Committee, said his members believe the move by the generators shows they have backed off from an immediate involuntary bankruptcy petition filing, at least while they try to open negotiations with SCE.
"We still want to see a legislative solution, and we are against bankruptcy," Lawrence said.
Edison provides electricity to 11 million people. It racked up the $3.9-billion debt over the past year as it purchased high-priced electricity in the fledgling market California created under a 1996 deregulation plan. The state's deregulation plan included a rate freeze that barred Edison from passing the full cost of the power it bought on to customers.
By January, Edison's debt had grown so heavy that power sellers refused to deal with the utility. The state had to step in with taxpayer money to keep electricity flowing. So far, the state has spent $10.7 billion on power purchases.
Edison's counterpart in Northern California, Pacific Gas & Electric, suffered the same financial squeeze in the state's dysfunctional market. PG&E took itself into bankruptcy in April.
The generators' demand came on a day when Edison officials said they were close to winning an agreement from bankers to delay collecting on $200 million in loans until Oct. 19.
Shares of Edison International, the parent company of Southern California Edison, rose almost 5% Friday to close at $13.16 on the New York Stock Exchange.
*
Times staff writer Nancy Rivera Brooks contributed to this report.

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


PNM is incorrect.  The price is 4.86.

Tell them that the location of the gas is west texas pool and that we NEVER
sell gas in the west texas pool based on a san juan gas daily price.  Once
you tell them that they will realize that they are wrong.


Attached please find a copy of the document prepared for outside services. Jean was unable to use her computer in her room in Washington, she dictated this document to me over the phone and I think I have prepared it correctly. Please call if you have any questions 512-320-5954
Thank You,
Bevin Hunter


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Barry,

I would rather not get into the habit of locking in curves before the deal is officially closed (signed).  Can we just agree on a sharing policy, so that we may avoid the event underlined below.  I would like to consider the curves floating until it is booked.  We are all sharing the risk of Huber not signing.

Thanks,
Mike

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Friday, October 12, 2001 12:57 PM
To:	Whitt, Mark; Grigsby, Mike; Allen, Phillip K.
Cc:	Polsky, Phil; Moon, Eric
Subject:	JM Huber Transaction- Confidential

Further to our conversation please find attached the curves on the JM Huber transaction that we have agreed to work off of. The 30,000/day of capacity will sit on the books until next week but the deal with HUBER is effectively completed. In the event that this deal does not close, then the West desk will resume with the same MTM risks that you presently have.

Any curve shift positive from now until the transaction is actually unwound will be credited back to the orig desk and any negative curve shift from here on in will be credited to the trading desk... plus ENA Orig and trading will work on a sharing calculation payable for any future deals.

In addition to the transportation income being generated, additional orig will be generated by entering into wellhead and market based transactions with the desks. I believe that all of the risks and discussions associated with the structures have been well communicated with each book ( by Mark Whitt ) and we will be meeting with each of you early next week to get the structures and booking set up properly.

I trust that this note covers the general areas related to this deal and I am very pleased with the high level of cooperation shown by everyone..

Pls review file and if there are any questions give me a call.

BT

 << File: Huber Value 10-11-01.xls >>


Tana:

The following CPs are not authorized to trade US power:

BP Exploration & Oil Inc. - not a current CP/not FERC approved
Centennial Gas Liquids, LLC - restricted by credit
Edge Petroleum Corporation - restricted by credit

Leslie


I just spoke with Miriam Radich (Tiger's lawyer) and advised her of ECT's
name change effective 9/1/99.  She advised that she will revise our docs
TOMORROW.  Also, we will send a new blackline guaranty to Tiger (terms
previously agreed) to reflect name change.

Per:  It may take several days to have the guaranties executed by Corp.  You
need to give Marie advance notice on that front.  SS


When: Friday, April 20, 2001 1:00 PM-2:00 PM (GMT-06:00) Central Time (US &
Canada).

*~*~*~*~*~*~*~*~*~*

Please note that today's call has been rescheduled to 1:00 CST.  I told Paul
Hastings to dial in using the usual Sprint conference call number.

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


Bible Study this Wednesday, December 6th will be held in conference Room 30C1
from 12:00 to 1:00.  Carol Word will be giving the lesson.

God Bless,
Mary Kay


no

	Taffy Milligan
	05/23/2000 02:36 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Becky Tlucek/HOU/ECT@ECT, Kaye
Ellis/HOU/ECT@ECT
		 Subject: Re: Work Flows Meeting

Does anyone object to Wednesday, at 2:00 p.m., Carol's office? (Conference
rooms are both booked.)

	Carol St Clair
	05/23/2000 01:56 PM

		 To: Susan Bailey/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT
		 cc: Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Taffy
Milligan/HOU/ECT@ECT
		 Subject: Work Flows Meeting

Susan and Susan:
In an effort to better manage your work flows, Sara and I would like to meet
with you for about 30 minutes this week to get an idea of what's on your
plate and what we can do to ease the work load.  Could you please give this
some thought and let Taffy know when you want to meet so she can get it set
up?  Thanks.
Carol


CALENDAR ENTRY:	APPOINTMENT

Description:
	UCU Pathing (Loren)

Date:		8/4/2000
Time:		10:00 AM - 11:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Hey,

Tonight will mark the first night of the MHEB / Eservices Off-peak Alliance.  The Eservices group just signed a contract (a copy of which will be provided to you) effectuating an commercial agreement, where Enron will attempt to market a mutually agreed upon quantity of off-peak power outside of MAPP (including KCPL & MPS) above a MHEB determined reference price.  In addition, if you see a bid in MAPP that is greater than the reference price, let MHEB know about it.  MHEB and Eservices will share the profit(50/50) from trades done.  Also, if there is a TLR, LLR curtailment MHEB will share half the cost of the transmission loss.

Nature of deal:
This is to be a friendly lead-in deal hopefully to be cultivated into longer term deal that will allow us access to some more lucrative products.

Transacting:
Call MHEB during the night shift and their real-time desk will tell you how many MW are available, and what the reference price will be.  If you can sell the power for more that the reference price + transmission, inform the MHEB desk and get it done.  Be careful of TLRs and ATC restrictions.

MAPPF ATC Flowgate website on MAPP Oasis:
Under the heading "Flowgate ATC", select "Non-Firm ATC" to check the atc for flowgates "COOPER_S", "FTCAL_S", and "PRI-BYN".  These are the flowgates that usually cause our MAPP-F requests to be declined.

You can also check the specific path (POR to POD) under the heading "Contract Path ATC".

http://toinfo.oasis.mapp.org/oac/oac2/script/atcs.html

Booking:
Deal should be entered in the Eservices P&L (just like the MDEA deal) and in enpower. Do not Enpower any deals until the Book is created.

Pricing Formula.
Energy Price (paid to MHEB) = .50 (SP - Cost - RP) + RP
SP= Sales Price
RP= Reference Price (MAPP Price to beat)
Cost= All cost incurred Buy/Resale, transmission, etc.

Eservices Staff:
Kayne Coulter and JD Kinser will be the lead contacts for questions regarding this deal.  JD will be the lead in charge of MHEB during the day and will work with MHEB.  You can call either of these guys with questions as well me at any time with questions.

Kayne & I spoke with Glen Matthews today and he said that he thought that they would have some power available beginning HE 1.  Keep in contact with them through the early evening and durin the night.

We believe that this deal, in the future, will be very lucrative for Enron and MHEB.  Therefore, please use all diligence to make sure the deals are done correctly and maximize value for us both.

If there are any questions tonight, please, call/page Kayne Coulter or me.

Thanks,

Don


Attached are the significant events for Government and Regualtory Affairs for
the first three weeks of February:


This is a summary of the comments we've received so far from the other parties who filed on October 15.  I'll summarize the others as they come in and redistribute this report.


fyi
----- Forwarded by Tana Jones/HOU/ECT on 01/17/2001 01:24 PM -----

	Paul Goddard@ENRON
	01/17/2001 12:27 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Michael Schuh/FRA/ECT@ECT
		 Subject: VWD Agreement (German Newsfeed for EnronStromarkt.de/EnronOnline
sites)

Tana - this contract was done for purposes of procuring German news onto the
Enron Strommarkt website (enronstromarkt.de) but we are now in the process of
'porting' this information onto EnronOnline.  The contract is loosely worded
and allows us to use the VWD news on any 'single URL ' of our choice. In this
case, we're switching from Strommarkt to EnronOnline so no new contract is
required though this does now concern EnronOnline.

The attached agreement is signed by Chris McKey (Enron ) but not VWD.
(I will  forward you an English translated version too but of course it is
not signed).

Michael - if you have the agreement signed by VWD please fax it urgently to
Tana Jones in Houston.   Fax number: 1 713 345 7038.  Please also fax over
any other executed agreements (with third party's signature) to Tana ASAP -
I'm not aware of any others , are you?)  Thanks for your help.

---------------------- Forwarded by Paul Goddard/EU/Enron on 17/01/2001 18:18
---------------------------

Angela Connelly@ECT
09/11/2000 12:51
To: Paul Goddard/EU/Enron@Enron, Christelle Serre/LON/ECT@ECT
cc:

Subject: Vertrag _ber vwd Internet-Dienstleistungen

VWD contract - I will do a rough translation if I can find some time tomorrow.

Angela

---------------------- Forwarded by Angela Connelly/LON/ECT on 09/11/2000
12:55 ---------------------------

Kathy Boeber

09/11/2000 12:58

To: Angela Connelly/LON/ECT@ECT
cc:

Subject: Vertrag _ber vwd Internet-Dienstleistungen

Angela,

enclosed pls. find a copy of the above. I'll give to our translator and send
you the translation as soon as I get it. This will probably be next week as
they are quite busy at the  moment.

Until then.

Kathy


It appears that the following email may not have been clear.  You have to copy all documents yourself.

This is my cheat sheet if it helps:

H Drives:
1.  Each person will have to move any data over personally from the old H drive (which is now Z:) drive to their new H drive.
2. The Z: drive (old H:) will be removed from UBS employees on Thursday night.

O Drives:
1. For the old O or M drives go to O:\ESTATE\ O (or M ? pending location of data) and copy to the new common O.  The Estate O and M will be removed from UBS employees on Thursday night.

Do not delete anything and only copy information which is complies with the policy.  Please make sure that those people who are not in the office are contacted and comply.

Louise

To:		All Enron Employees Transferring to UBS Warburg Energy (or its affiliates)

Under the terms of the various agreements among certain Enron entities and UBS AG, certain Enron data and documents may be provided to UBS.  To ensure compliance with those agreements, Enron's document retention policy, as well as directives of various investigative agencies, the attached protocol regarding the process for migration of any information or data to UBS has been developed.

Please review the protocol carefully.  Then, complete the attached Certification and return it, with attachments, to Linda Guinn at EB 3829a no later than February 11, 2002.

Questions about this matter may be directed to Michelle Cash at (713) 853-6401 or Francisco Pinto-Leite at (713) 345-7942 .

Protocol Document and Data Copy Instructions

Certification Document


Heather,

Attached is an Excel file containg deals with Dow over the last three years.
Please call me with any questions ypu may have.

Thanks,

Errol McLaughlin, X5-8274


Agustin, the confirm for YD9296.1 was just sent to the counterparty under the name Grupo Petrotemex, S.A. de C.V.

Marie/Paul - Thanks a million for your quick turnaround.

Regards,
Gordon

 -----Original Message-----
From: 	Heard, Marie
Sent:	Thursday, October 25, 2001 5:08 PM
To:	Heaney, Gordon
Cc:	Radous, Paul
Subject:	Grupo Petrotemex, S.A. de C.V. - Deal No. YD9296.1

Gordon:

Attached is the Deemed ISDA for the referenced deal, together with a fax cover sheet.  Let me know if you have any questions or need anything else.

Marie


Gary,

Your list does not appear to address the issue of RTO liability for
costs caused by issuance of invalid operating instructions.  This issue
is very important to the parties (generators and Scheduling
Coordinators) who will be obligated to comply with the RTO Tariff.

I've raised this issue several times now at RRG meetings, but it
apparently has not yet taken hold at the Legal Work Group.

I have not been able to raise the issue at the meetings of your subgroup
because of conflicts with other NWRTO meetings, and I will not be able
to attend your future subgroup meeting (again, due to conflicts with
other NWRTO meetings), so I've attempted to frame the issue through the
attached, hastily-drafted issue paper.

Please contact me if you need additional explanation of the concerns
stated in the paper.

Thanks,

Carl Imparato
510-558-1456
__________________

GARY A. DAHLKE wrote:

At the June 14th meeting of SubGroup A - Liability and Insurance, we
identified the following list of additional issues concerning which some
coordination between SubGroup A and other work groups needs to occur.

1.  Liability for occurrences at the RTO West's seams.

2.  BPA and other public agencies' authority and ability to indemnify.

3.  Liability for environmental matters.

4.  D and O insurance for members of the RTO board.

5.  Insurance for RTO employees, workers compensation, employee benefit
insurance, automobile insurance.

6.  Load and generation integration agreements contain liability
language.

7.   Claims administration.

8.   Congestion management--potential liability for cutting schedules
etc.

9.   Force majeure.

10.  Liability for preexisting conditions.

11.  Contractor, maintenance liability.

12.   E and O insurance, depending on the services the RTO will
ultimately provide.

13.  Amount and cost of liability insurance  for RTO West.

Please e-mail me with any additions to this list.

 - NWRTO-liability.rtf


Here's the most recent version of the document formerly known as the PPA:

Kay


Chris,

I can't do February 2nd.  As it turns out my gal made  dinner arrangements a while ago with another couple for the evening of the  2nd.  Is there anyway you could either come a week earlier or later? I'd  love to have a few with you.  Let me know.  Have you called Bill  Ryan?

Regards,

Matt B. Walker
High Technology Tenant  Advisory Services
Avison Young Commercial Real Estate
Phone  (604)  647-5074
Fax      (604)  687-0031


Richard Tabors' 15 seconds of TV fame...

http://nbr.vnp.zatso.com/vnp/index.jhtml?callLetters=NBR&programID=159701&st
oryID=159652

http://www.nbr.com has the text transcript (at least it is available today).

The right annual data ("a penny per kilowatt-hour" except for the rebates
and national figures) also got aired.

This show did NOT play in Los Angeles because of coverage of the Republican
convention.

Regards,
Fred

 Frederick H. Pickel, Ph.D
 Vice President
 Tabors Caramanis & Associates
 Los Angeles, California
 & Cambridge, Massachusetts
 email: fpickel@tca-us.com
 alternate email: fred.pickel@ALUM.mit.edu
 tel +1 (323) 937-7920


Dear Susan

What's happening now?  It's all over the international news that Enron will
not make it.  what are they saying to the employees?

Thinking about you!
connie

**********************************************************************


I gave you a hard copy ....but just in case:
---------------------- Forwarded by Joseph Alamo/NA/Enron on 07/11/2001 05:16
PM ---------------------------

Cynthia Biggs <cynthia.biggs@travelpark.com> on 07/11/2001 05:02:20 PM
To: "'joseph.alamo@enron.com'" <joseph.alamo@enron.com>
cc:

Subject: car res for jeff dasovich 12jul

                                          AGENT CB/CB BOOKING REF ZXIP5O

                                          DASOVICH/JEFF
                                          ENRON CORP
                                          101 CALIFORNIA ST STE 1950
  ENRON CORP                              SAN FRANCISCO CA 94111
                                          MAIL ETKT RCPT
                                          CAR RES ONLY

  DATE:  JUL 11 2001

CAR                   12JUL HERTZ                  SAN F CA
                      13JUL CONFIRMATION: B5153207731
                            FULL 4-DOOR CAR AUTOMATIC AIR
                            RATE: USD53.99- .00 UNL DY 27.00- UNL XH
                            RATE GUARANTEED
                            PICK-UP: 433 MASON STREET, SAN FRANCISCO
                            DROP-OFF: 433 MASON STREET, SAN FRANCISCO
SCO

MISCELLANEOUS         10NOV HOUSTON TX
                      SAT   ** THANK YOU FOR USING THE TAP **

DASOVICH/JEFF  S0C0011R1000

*******************************************
INTL TVLRS: CARRY SOS WALLET CARD W/ENRON ASSISTANCE INFO
CALL SOS MEDICAL EMERGENCY:IN U.S 800 523-6586
CALL SOS MEDICAL EMERGENCY:INTL 215 245-4707 (COLLECT)
*********************************************
ALL FARES ARE SUBJECT TO CHANGE UNTIL TICKETED/PURCHASED


Dick - In order to get the project moving, we are suggesting a pre-meeting
with CSUF personnel and a subsequent (same day) meeting with PG&E. Next week
is out for me, and I know that you are at Long Beach through the 19th of
October. Let me know of your availability from the 20th on.
You and Bob can determine who should attend from your side. Among other
topics, we will be discussing the EIR issues, the construction site &
schedule, and our day-to-day contact at CSUF.
We are recommending a meeting at 9 AM with CSUF and a meeting after lunch
with CSUF and PG&E.
The Enron contingency will include Richard Crevelt, Implementation Manager;
Rob Cone, the CSUF Substation Project Manager, Jeff Dasovich, Enron Corp
Regulatory Affairs, and myself.
If Adrianne can make a conference room available and arrange for lunch at the
faculty dining room, we can make this a very productive day indeed. Thanks,

Dirk A.van Ulden
(925) 543-3879
Fax (925) 543-3550
Dirk_vanUlden@enron.com


---------------------- Forwarded by Susan D Trevino/HOU/ECT on 03/17/2000
03:08 PM ---------------------------

Bob Withers <rww@KCSEnergy.com> on 03/17/2000 03:10:24 PM
To: Susan D Trevino/HOU/ECT@ECT
cc: Stretch Brennan <djb@KCSEnergy.com>, Knox Westmoreland
<rkw@KCSEnergy.com>, Kevin McLarney <kmm@KCSEnergy.com>, Vance L
Taylor/HOU/ECT@ECT
Subject: 1st rev Mar. 2000 Josey Ranch nom

Here's REVISED March 2000 (effective 3/18/00 ) setup for Josey: (using 1.075
Btu/Mcf)
* Gas deliveries into HPL
    11,000 MMBtu/d  for KRI           (net
reduction of    <1,500> MMBtu/d)
     11,000 MMBtu/d into HPL

Bob Withers <*))>><
KCS Energy, 5555 San Felipe, Suite 1200
Houston, TX  77056
voice mail/page 713-964-9434


some people are idiots

LQCOLOMBO@aol.com on 08/24/2000 04:46:28 PM
To: <Eric.Bass@enron.com>
cc:
Subject: Re: engram

my predicament at running back will last me one week, maybe two.  I think
that i have a good enough team to withstand a bad start and make it to the
playoffs anyway.  I don't value people by what round they are picked in.
Engram was easily in my top 30 or 25 recievers while shroeder was barely in
my top 50.  Raymont Harris has been out of football for a while, and is on a
team that won't run the ball much.  This move would maybe help my team the
first week, but it wouldn't help me in the long run.  So the answer is no

Ramiro


Hi  Sara,

I have just recieved the attached fax and phone call from Matt Flett at
Morgan Stanley in London. I believe that he has taken over the above
transaction from Megan Duffill. He has contacted me in the abcence of Edmund
Cooper who is currently on sick leave and asked for a response on the points
raised in the fax.
Is this one of yours or have we now become involved in some way? When you
have a moment please could you let me know  either way.

Many Thanks

Matt Dawson
---------------------- Forwarded by Matthew Dawson/LON/ECT on 01/09/2000
12:03 ---------------------------

London Fax System
01/09/2000 11:01
To: Matthew Dawson/LON/ECT@ECT
cc:

Subject: New fax received (Likely sender: 02076775725).

You have received a new fax from 02076775725

The image contains 5 page(s).


Attached are drafts of the Master Firm Purchase/Sale Agreement for gas.  Upon
completion of a guaranty I will incorporate a section for same.

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


I sent this over to the contact for review and have not heard back yet.

-----Original Message-----
From: Perlingiere, Debra
Sent: Wednesday, October 17, 2001 2:17 PM
To: Mahabir, Alisha
Subject: FW: GISB

I think I have sent this to you, please give me an update.

-----Original Message-----
From: Sonnonstine, Max
Sent: Thursday, October 04, 2001 11:23 AM
To: Perlingiere, Debra; Dickson, Stacy E.; Nemec, Gerald
Subject: FW: GISB

Good Morning,
    Enclosed is a draft of a GISB for Utility Resource Solutions, LP.  They have done some small physical volumes secured by a pre-pay, but are interested in establishing a more developed relationship.  As such, they want to enter into a GISB with Enron.  This is their copy forwarded through Jay Reitmeyer.  Please review and advise what needs to be done, if anything, to get this executed.

Thanks,

Max Sonnonstine
x5-8261


It's 5 days before our Napa-Sonoma-Wine Trip.  I know all of you are anxiously waiting for this Saturday, but just forgot to actually sign up for the trip.  Seriously, the sign up has been slow due to midterms or other reasons.  We really need to know how many people can commit for the Napa-Sonoma trip, so please sign up by 3:00pm Wed, 10/24.

The wine trip will start off at Viansa with a Connoisseur Tasting and followed by a gourmet lunch in a reserved area of the Viansa hill top picnic grounds.  The Connoisseur Tasting includes food pairing and reserve wine tasting.  We will then move on to Gloria Ferrer for award-winning sparkling wines.  I have heard from several classmates raving about this winery.  It's a must see for those who have never been there!!  Finally, we will move on to St. Supery, situated in a historic landmark 1880 Victorian Atkinson House (now a living museum).  We will find exclusive St. Supery wines that can not be found anywhere else.  The trip is pre-negotiated at a group rate, one would have to pay much more to have the same type of experience.

Additionally, feel free to bring your spouse and significant others to enjoy one of your rare day-off from school and work.

Hope to see you all there!!
Tony

-----Original Message-----
From: Natalia Rachelson [mailto:nraykhelson@hotmail.com]
Sent: Monday, October 08, 2001 2:49 PM
To: Evmba_Social@Haas. Berkeley. Edu (E-mail); eveningmba@haas.berkeley.edu
Subject: Napa and Sonoma Trip

Ladies and Gents,

I know how stressed out everybody is at the moment: first-years are thinking about finals, second and third-years are getting ready for the mid-terms.  However, there is a light at the end of the tunnel... and this light is brought to you by the EvMBA Social Committee!

Get your drinking caps on and get ready to spend a relaxing and fabulous Saturday with your classmates at Napa and Sonoma.  Lots of wine, food, and fun is guaranteed to be provided by the veterans of the EvMBA program:)

Remember: B-School is about NETWORKING and not about Nash equilibrium or NPV!!!

The details are as follows:

Date: Saturday, October 27.

Fee: $37 per person
(Includes a gourmet picnic lunch, wine tasting, and tours of the
wineries)

Schedule:
9:00 Shuttle pickup at HAAS (parking lot by Kleeberger Field)
11:00 Viansa Winery (tasting and lunch)
1:30 Gloria Ferrer Winery
3:30 St. Supery Winery
5:30 Back to HAAS

RSVP is required.  There are only 40 spaces available.  Please leave your check in Tony Tai or Natalia Rachelson's mailbox, and send either Tony or myself an email indicating your attendance.

This event is open to studens and their significant others; however, since space is limited students get priority!

Tony and I will reply with a confirmation.  Again, the space is limited.  So, sign
up as soon as possible.


UserName: CAMPB54792

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

https://tumble2.datek.com/posta?x=1-5720548-5697314-J5KLAVPR

You have received this message because you subscribed to electronic delivery
for your Datek Online account.  If you wish to stop receiving account
documents via electronic delivery, you may cancel your subscription by
logging into Datek Online and choosing "Settings" from the
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email to support@datek.com.

Thank you for trading with us.

Datek Online Brokerage Services
Member NASD / SIPC


POSREP HOEGH GALLEON 15TH. APRIL 1200LT (1600UTC)

A) Position at noon        : N 27 07 W 090 31
B) Dist. from last noon    : 389 n. miles (25 HRS.)
C) Dist. to go to next port: 211 n.miles
D) Eta next port           :April 16th. 0400lt.
E) 1:Average sea/weather   :Wind: ESE 2, Sea: ESE 1
   2:Average speed         :15,56 knots / average RPM 79,40
   3:B.O.G. consumed       :299,463M3
   4:F.O. consumed         :41 mt.
   5:G.O. consumed         :nil
   6:Average vapor press. Tk. 1:0,095 bar. Average liq. temp:-158,7
                          Tk. 2:0,094                       :-158,7
                          Tk. 3:0,094                       :-158,7
                          Tk. 4:0,092                       :-158,7
                          Tk. 5:0,095                       :-158,6
Brgds Oe. Hansen
Master

E-mail: master.gall@hoegh.no
Teleph: Inmarsat tel.no. 330853910
Fax   : Inmarsat fax no. 330853913
Telex : Inmarsat B telex no.330853915
Telex : Inmarsat C telex no.430853910 (24hrs.watch)


----- Forwarded by Richard B Sanders/HOU/ECT on 10/29/2000 11:05 AM -----

	"Markel, Gregory A." <GMarkel@brobeck.com>
	10/27/2000 02:45 PM

		 To: "'richard.b.sanders@enron.com'" <richard.b.sanders@enron.com>, "Setton,
Ronit" <RSetton@brobeck.com>, "Markel, Gregory A." <GMarkel@brobeck.com>
		 cc:
		 Subject: FW: FirstWorld Document Preservation Memorandum

See below for categories of documents to be preserved.

Greg Markel
Brobeck Phleger & Harrison
1633 Broadway
New York, New York  10019
212-237-2592
Fax -212-586-7878
gmarkel@brobeck.com

-----Original Message-----
From: Setton, Ronit
Sent: Friday, October 27, 2000 11:53 AM
To: Markel, Gregory A.
Cc: Gugliucci, Patricia
Subject: FirstWorld Document Preservation Memorandum

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

 - 42CG01!.DOC


Start Date: 10/21/01; HourAhead hour: 21;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102121.txt
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
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Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
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!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
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Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: Crawler lifetime exceeded.
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
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!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
!!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04)
Error: dbCaps97Data: Cannot perform this operation on a closed database


Do we really need it translated? Is Britt getting out of these translations,
or does he still have to talk to the French attorneys?


I bought the following gas today from Enron:

1. Nov 01 - Mar 02, 2500 MMBtu/day @ CG for $11.86
2. Jul 03 - Jun 04, 2500 MMBtu/day @ Malin for $5.05
3. Nov 03-Mar04, 1000 MMBtu/day @ Malin for $5.13

I'll update you on the status of reaching our hedging goals soon.

Raveen, I'll get you the paperwork once I get it from Enron.

Monica


We have received an executed Master Agreement:

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

Effective Date:   April 4, 2001

Enron Entity:   Risk Management & Trading Corp.

Counterparty:   Compagnie de Papiers Stadacona Ltee

Transactions Covered:  Approved for FX Transactions only

Confirming Entity:  Risk Management & Trading Corp.

Governing Law:   Texas

Copies will be distributed

Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail:  Susan.Bailey@enron.com


Thanks for making my day by sucking me back into a world with mental images
of someone standing there scratching!!


(See attached file: g012502.pdf)

_____________________________________________________________________________________________________________________________________

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L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie.
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This message and any attachments (the "message") are intended solely for the addressees and are confidential. If you receive this message in error, please delete it and immediately notify the sender.

Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval.

The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified.
_____________________________________________________________________________________________________________________________________

 - g012502.pdf


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 05/15/2001 02:57 PM -----

	"Chris Micheli" <cmicheli@carpentersnodgrass.com>
	05/15/2001 07:08 AM

		 To: "Susan McCabe" <smccabe@mccabeandcompany.net>, "Sue Mara"
<smara@enron.com>, "Steven Kelley" <steven@iepa.com>, "Steve Ponder"
<steve_ponder@fpl.com>, "Stephanie Newell"
<stephanie-newell@reliantenergy.com>, "Scott Sadler"
<sadlersa@earthlink.net>, "Scott Govenar" <sgovenar@govadv.com>, "Sandi
McCubbin" <smccubbi@enron.com>, "Ron Tom" <rtom@govadv.com>, "Roger Pelote"
<roger.pelote@williams.com>, "Robert Ross" <robbiz@cwo.com>, "Rina Venturini"
<rventurini@teamgsi.net>, "Richard Hyde" <rwhyde@duke-energy.com>, "Rachel
King" <rachel.king@elpaso.com>, "Phil Isenberg" <isenberg@hmot.com>, "Mike
Monagan" <mrmonagan@aol.com>, "Maureen O'Haren" <oharen@hmot.com>, "Marie
Moretti" <mmoretti@mccabeandcompany.net>, "Lynn Lednicky" <lale@dynegy.com>,
"Kent Palmerton" <kent.palmerton@williams.com>, "Katie Kaplan"
<kaplan@iepa.com>, "Kassandra Gough" <kgough@calpine.com>, "Julee Ball"
<jmball@ns.net>, "John Stout" <john_h_stout@reliantenergy.com>, "John Larrea"
<john.g.larrea@williams.com>, "Joe Ronan" <joer@calpine.com>, "Jeff Dasovich"
<jeff.dasovich@enron.com>, "Jean Munoz" <jmunoz@mcnallytemple.com>, "Jan
Smutny Jones" <smutny@iepa.com>, "Jack Pigott" <jackp@calpine.com>, "Hedy
Govenar" <hgovenar@govadv.com>, "Greg Blue" <gtbl@dynegy.com>, "Delaney
Hunter" <dhunter@s-k-w.com>, "Chuck Cole" <ccole@advocation-inc.com>, "Bev
Hansen" <bhansen@lhom.com>, "Anne Kelly" <kelly@hnks.com>, "Andy Brown"
<abb@eslawfirm.com>, "John Norwood" <janorwood@norped.com>, "Pete Conaty"
<pcaceo@pacbell.net>, "Matt Kilroy" <matt.kilroy@pge-corp.com>, "Cary Rudman"
<cjrudman@softcom.net>, "Carolyn McIntyre" <cmcintyre@sempra.com>, "Barbara
LeVake" <blevake@syix.com>, "Paula Soos" <psoos@covantaenergy.com>, "Pat
Pape" <ppape@calpine.com>, "Mohammed Alrai" <mohammeda@calpine.com>, "Kent
Robertson" <kentr@calpine.com>, "Katherine Potter" <katherip@calpine.com>,
"Juan Rodriguez" <juanr@calpine.com>, "Eileen Koch" <eileenk@calpine.com>,
"Bill Highlander" <highlander@calpine.com>, "Aymee Ramos" <aymeer@calpine.com>
		 cc:
		 Subject: Edison Deal Sets High Legislative Hurdle for Davis

?

?http://www.latimes.com/news/state/20010515/t000040864.html
 - Edison Deal Sets High Legislative Hurdle for Davis.url


Sheila:

Ben asked me to check with you on two issues related to ENA's Cash Flow
Interest Agreement (CFIA) with OCLP.

1.  Does ENA have any rights with regard to preventing Aquila (OCLP's new
owner) from materially amending/selling any of OCLP's assets or contracts?
(My recollection/interpretation of the CFIA is that ENA must be notified of
any transaction involving OCLP assets/contracts greater than $100K, and that
if such transaction is determined to be with an affiliate of OCLP then ENA
has a "topping right" to provide a superior offer.)

2.  Does ENA have the right to assign the CFIA?  If so, are there any
conditions/restrictions on such an assignment?    Would ENA be prevented in
any way from assigning the CFIA to an affiliate entity and then selling the
member interests in such an entity to a third party?  (My interpretation of
Section 13.4 of the CFIA is that Enron can assign the CFIA to an Enron
affiliate without OCLP's consent.  The CFIA appears to be silent on the issue
of assignment to a non-Enron party.)

Please forward me your opinions on these issues/questions with a cc to Ben
and Mike.

Thanks,
Fred


Tana:  Can you get certif. from Deb?

 -----Original Message-----
From: 	Taylor, Mark E (Legal)
Sent:	Tuesday, November 06, 2001 1:56 PM
To:	Shackleton, Sara
Subject:	RE: new account agreement

You can confirm that it is not regulated and send a copy of cert. of incorp. which Deb Korkmas should have if Tana doesn't

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, November 06, 2001 1:55 PM
To:	Taylor, Mark E (Legal)
Cc:	Jones, Tana
Subject:	FW: new account agreement

Mark:  How do you want to respond?  Sara

 -----Original Message-----
From: 	"Peyer, Sibyl" <sibyl.peyer@gs.com>@ENRON
Sent:	Tuesday, November 06, 2001 12:42 PM
To:	Shackleton, Sara
Subject:	RE: new account agreement

Hi Sara
No one here seems to know anything about ERMT Corp.
Can you confirm it's not a regulated entity?  (Public Utility, etc.)
Can we get a copy of its Cert. of Incorporation (whatever you have in your
files is fine.)
Anything else you can tell me about the activity of the entity would also be
helpful.

Thanks.

-----Original Message-----
From: Shackleton, Sara [mailto:Sara.Shackleton@ENRON.com]
Sent: Tuesday, November 06, 2001 12:57 PM
To: Peyer, Sibyl
Subject: new account agreement

Sibyl:

Did you want me to dupe the Enron Corp. documents, i.e., change
signature lines?
I have a copy of the Corporate Account Agreement (including the
Schedule) but not the Repo.

Thanks.  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490

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Kay, I will be out attending a seminar -- but, don't hold it up for me.
Thanks!  Michelle

	From:  Kay Chapman                           10/13/2000 12:52 PM

To: Tana Cashion/NA/Enron@ENRON
cc: Daniel Brown/NA/Enron@Enron, Gerry Gibson/Corp/Enron@Enron, Andrea
Yowman/Corp/Enron@ENRON, Bob Sparger/Corp/Enron@Enron, Tim
O'Rourke/Corp/Enron@Enron, Ted C Bland/HOU/ECT@ECT, Tana
Cashion/NA/Enron@ENRON, Cindy Olson/Corp/Enron@ENRON, Vince J
Kaminski/HOU/ECT@ECT, Kay Chapman/HOU/ECT@ECT, Sarah A Davis/HOU/ECT@ECT,
Marla Barnard/Enron Communications@Enron Communications, Pam
Butler/HR/Corp/Enron@ENRON, Michelle Cash/HOU/ECT@ECT, Brian
Schaffer/Corp/Enron@ENRON, Suzanne Brown/HOU/ECT@ECT, Robert
Jones/Corp/Enron@ENRON, Neil Davies/Corp/Enron@ENRON
Subject: Re: Mission Impossible - HR Associate Groups Recommendation and next
steps

How does next Friday October 20, 2000, look for everyone ??? I have morning
and afternoon available.  I even have a 10:00 am if you just want to move the
date and not the time.

Kay

Tana Cashion @ ENRON   10/12/2000 02:28 PM

To: Kay Chapman/HOU/ECT@ECT
cc: Daniel Brown/NA/Enron@Enron, Gerry Gibson/Corp/Enron@Enron
Subject: Re: Mission Impossible - HR Associate Groups Recommendation and next
steps

What is the first availbale day that David can be at the meeting?  Let's try
to schedule a time that day.  THanks - Tana

	Enron North America Corp.

	From:  Kay Chapman @ ECT                           10/12/2000 02:24 PM

To: Andrea Yowman/Corp/Enron@ENRON, Bob Sparger/Corp/Enron@Enron, Tim
O'Rourke/Corp/Enron@Enron, Ted C Bland/HOU/ECT@ECT, Daniel
Brown/NA/Enron@Enron, Tana Cashion/NA/Enron@ENRON, Rhonna Palmer/HOU/ECT@ECT,
Cindy Olson/Corp/Enron@ENRON, Vince J Kaminski/HOU/ECT@ECT, Kay
Chapman/HOU/ECT@ECT, Sarah A Davis/HOU/ECT@ECT, Marla Barnard/Enron
Communications@Enron Communications, Pam Butler/HR/Corp/Enron@ENRON, Michelle
Cash/HOU/ECT@ECT, Brian Schaffer/Corp/Enron@ENRON, Suzanne Brown/HOU/ECT@ECT,
Robert Jones/Corp/Enron@ENRON, Neil Davies/Corp/Enron@ENRON, Gerry
Gibson/Corp/Enron@Enron
cc:

Subject: Mission Impossible - HR Associate Groups Recommendation and next
steps

The Monday October 16, 2000 meeting at 10:00 am needs to be moved again.
Sorry for the inconvenience, but David Oxley is going to be traveling..

Thanks,

Kay


I think this is what Dot is looking for.  I had it on computer so thought I'd
just email it to you.  Thanks.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/10/2000
03:03 PM ---------------------------

	From:  Drew Fossum                           03/08/2000 11:26 AM

To: Martha Benner/ET&S/Enron@ENRON
cc:

Subject: Enron Form 10-K

pls print.  thanksdf
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/08/2000
11:25 AM ---------------------------

	Sharon Morgan
	03/08/2000 09:33 AM

To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Enron Form 10-K

Emily Sellers asked that I email the draft of the 10-K to you.  It is in 5
sections because we will eventually fold in the financials and the management
discussion pages.


Mark:
Let's keep the present system for the short-term.  I would like to continue
looking at your work for another couple weeks.  We'll talk later,
John

"Mark Sagel" <msagel@home.com> on 10/03/2000 02:29:47 PM
To: "John Arnold" <jarnold@enron.com>
cc:
Subject: Natural update

John:
?
The price behavior of the past couple days has been  disappointing.? My
short-term market patterns suggested a more robust price  rally and natural
appears to be waning at present.? Volume on this rally is  poor, particularly
since yesterday was a decent day to the upside.? The  market appears to be
using a lot of its energy but spinning its wheels.? If  we are at these same
price levels in another two weeks, that would be extremely  bullish.? Right
here, the risk/reward to being long is not so great.?  Recommend a neutral
stance short-term on natural.? Bigger picture is still  very bullish.?
However, this market needs another 1-2 weeks of what I would  call horizontal
price action to set the stage for a big move to the  upside.
?
Let me know if this stuff is useful for you.? I certainly  don't want to
waste your time.? In addition, if you prefer I call when I  have something to
pass along, let me know.? I don't know how often you  check/see your e-mail.?
Thanks,
?
Mark Sagel


A truly useful fount of knowledge...

 -----Original Message-----
From: 	Symes, Kate
Sent:	Monday, November 05, 2001 2:01 PM
To:	Williams III, Bill
Subject:	Fruits & Vegetables

Here you go.....
A fruit is the matured ovary of a flower, containing the seed. After fertilization takes place and the embryo (plantlet) has begun to develop, the surrounding ovule becomes the fruit. Yum. I won't go on about the four types of fruit--simple, aggregate, multiple and accessory--which explain things like berries and pineapples.

A vegetable is considered to be edible roots, tubers, stems, leaves, fruits, seeds, flower clusters, and other softer plant parts. In common usage, however, there is no exact distinction between a vegetable and a fruit. The usual example is the tomato, which is a fruit, but is eaten as a vegetable, as are cucumbers, peppers, melons, and squashes. The classification of plants as vegetables is largely determined by custom, culture, and usage.

Okay, now the part which may surprise you. A grain is described as the dry fruit of a cereal grass, such as the "seedlike fruits of the buckwheat and other plants, and the plants bearing such fruits." So, grain is also a fruit.

Kate Symes
Real Time Trading Support
Office/503-464-7744
Cell/503-819-2181
Fax/503-464-7996