As promised...
  If more coverage surfaces, I'll send it along.
 d.s.
---------------------- Forwarded by Dave Schafer/OTS/Enron on 06/27/2000
06:41 AM ---------------------------

Jason Hannagan
06/26/2000 04:55 PM
To: Stanley Horton/Corp/Enron@Enron, Dave Schafer/OTS/Enron@ENRON, Gina
Taylor/OTS/Enron@Enron, Scott Vonderheide/Corp/Enron@ENRON,
Dana.Gibbs@eott.com/Mary.Ellen.Coombe@eott.com
cc:

Subject: The EOTT articles in the Press

Below is the coverage on the Mike Burke June 23 release.  The Houston
Chronicle article for Sat. June 24 is below along  with a couple of AP online
sources.

Jason Hannagan
Paper: Houston Chronicle
Headline: CEO at pipeline operator leaveshis post abruptly
DOCID: 35830
Date: 06/24/00
Section: BUSINESS
Page: 2
Edition: 3 STAR
Byline: MICHAEL DAVIS
Credit: Staff
Length: 4
Keys: Resignations
Proc: edtcmc
Slug: eott
Michael Burke resigned abruptly Friday from the chief executive's post
at crude oil pipeline operator EOTT Energy Partners.

The Houston company said its board of directors had accepted the
resignation of Burke, "effective immediately." Burke, 56, is leaving the

company "to focus on emerging investment and business opportunities,"
the company said in a written statement.

The partnership has lost money the last three years in a row but it was
profitable in the first quarter of this year with a net income of $2.2
million.

Burke's resignation came just days after the pipeline partnership
revised its first-quarter net income upward by $100,000.

The revisions were made as a result of a review of the company's
computerized marketing and accounting system, the company said. In a
filing
with the Securities and Exchange Commission, the company said the
computer problems resulted in "unexplained variances in financial
results
reported by the system."

Stanley Horton, chairman of EOTT , will assume the duties of chief
executive officer. Dana Gibbs, currently executive vice president and
chief
commercial officer, will become president and chief operating officer of

EOTT . Horton and Gibbs will comprise the office of the chairman for
EOTT .

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Change Document Display

(Next article from Reuters)

EOTT Energy CEO Burke resigns
Reuters Company News - June 23, 2000 16:37

Copyright 2000 Reuters Limited. All rights reserved. Republication or
redistribution of Reuters content is expressly prohibited without the prior
written consent of Reuters. Reuters shall not be liable for any errors or
delays in the content, or for any actions taken in reliance thereon.
NEW YORK, June 23 (Reuters) - EOTT Energy Partners LP said on Friday that
Michael Burke has resigned as chief executive officer, effective immediately.

The Houston-based independent energy company said that Stanley Horton,
chairman of EOTT, will assume the duties of chief executive and will remain
chairman and CEO for the Enron Gas Pipeline Group.

Dana Gibbs, currently executive vice president and chief commercial officer,
will become president and chief operating officer of EOTT, the company said.
Horton and Gibbs will comprise the Office of the Chairman for EOTT.

Shares of EOTT ended the day flat at 14-1/16 on the New York Stock Exchange.

------------------------------------------------------------------------------
--
(The last article from Hoover's online)

EOTT Energy Partners, L.P. Announces Management Changes
PR Newswire - June 23, 2000 17:23
Jump to first matched term

HOUSTON, June 23 /PRNewswire/ -- The EOTT Energy Partners, L.P. (NYSE: EOT)
(EOTT) Board of Directors announced today that it has accepted the
resignation of Michael D. Burke, effective immediately. Mr. Burke is leaving
the company to focus on emerging investment and business opportunities.

Stanley C. Horton, chairman of EOTT, will assume the duties of chief
executive officer. Mr. Horton will remain chairman and chief executive
officer for the Enron Gas Pipeline Group.

Dana R. Gibbs, currently executive vice president and chief commercial
officer, will become president and chief operating officer of EOTT. Horton
and Gibbs will comprise the Office of the Chairman for EOTT.

EOTT Energy Partners, L.P. is a major independent marketer of crude oil in
the United States and Canada. Together with its predecessors, the Partnership
has been serving the petroleum industry since 1946. Both EOTT Energy
Partners, L.P. and EOTT Energy Corp., the general partner, are headquartered
in Houston, Texas. The common units of EOTT Energy Partners, L.P. trade on
the NYSE under the symbol "EOT".

     Contact:
     Gina Taylor
     (713) 853-7681
SOURCE EOTT Energy Partners, L.P.

/CONTACT: Gina Taylor of EOTT Energy Partners, L.P., 713-853-7681/

/Company News On-Call: http://www.prnewswire.com/comp/118371.html or fax,


missing deals for jeff

buy reliant
15th
sp15
25 mw
185.00
on peak

buy williams
april
25 mw
107.00
sp15
off peak

550271  broker has SP15 (jeff r)

550370
550371  broker has april on both of these trades (mike s)

here are jeffs deals w/apb that i know are wrong and there could be more w/
other brokers

550261
550266
550270
550271
550276


GMAT REVIEW AT ENRON

The next GMAT review course at Enron will begin Monday, November 26th:
The schedule is:
     Course # 7019-00:  Monday nights, Nov 26 - Jan 28 (no class Dec 24 or
Dec 31)

This course is identical to the courses that started in October.  It is
being offered now for the benefit of employees who would like to take the
GMAT before January 31 for the purposes of applying to business school.

Course details:
     - Class is held at Enron in room ECN560 and is restricted to Enron
		employees
     - Each course is limited to eight students
     - Meets once a week for eight weeks
     - Hours are 6:00-9:00 PM (first session will run til 10:00 pm to
          include initial exam)
     - Expect 4-5 hours of homework per week
     - Course includes a total of four practice GMAT exams
     - Ends the second week of December, allowing employees to take the
          GMAT in December and meet a January application deadline.
     - Special discount of $200 off the regular Princeton Review tuition

Enron has allowed this program to be hosted in the Enron Building for
convenience of its employees.  Individuals are responsible for paying their
own fees.  Financial support from Enron is at manager's discretion and is
subject to the usual tuition reimbursement constraints around budget and
relevance to organizational performance.

HOW TO ENROLL:
     1.  Print out the attached registration form.
     2.  Complete the form, but please note the following
          SPECIFIC INSTRUCTIONS:
          A.  Fill out the student information completely, including
               your email address.
          B.  In the Enrollment section, where it says "Please enroll
               me in GMAT Class Size-8 Course # _________",
          C.  In the Payment section:  For the course at Enron, the
               tuition is discounted by $200, to $899.
               FULL PAYMENT of this amount by credit or debit card is
required on the registration form.  Be sure to indicate complete cardholder
information.
     3.  Fax the completed form to Princeton Review at (713) 688-4746.

Faxes are time-stamped by the receiving fax machine at Princeton Review.
The first eight valid registration forms received for each course will be
honored.  Registrations received after the first eight will be placed on a
waiting
list for the course or courses indicated.  Enrollments and waitlists will be
confirmed by email.

Employees who are not able to take the course at Enron can take a course at
the Princeton Review office at the same $200 discount.
Call (800)2REVIEW to register or to receive a list of course schedules.

IMPORTANCE OF THE GMAT:
     The GMAT score is a critical part of your application to business
school.  Indeed, in many cases, it is the single most decisive statistic
that admissions offices use in evaluating applicants.  While work
experience, GPA, essays, and interviews are all important components of
your application, the GMAT is the one objective factor that you can
substantially improve in a short period of time.

THE TEXAS MBA TOUR:
     All interested Enron employees are invited to attend the Texas MBA
Tour, which will be in Houston on Wednesday, January 23. The Texas MBA
Tour, of which The Princeton Review is a partner, is a group of six business
schools that host a joint MBA panel discussion and admissions fair.  The
participating schools are Texas, Rice, SMU, Baylor, TCU, and Texas A&M.
The Princeton Review has agreed to handle registration for the event, so
call
(800) 2REVIEW to register.

http://home.enron.com:84/messaging/gmatregform.pdf


Oops.  Sorry I forgot to include you on this email.

SBR

 -----Original Message-----
From: 	Richardson, Stacey
Sent:	Friday, August 10, 2001 10:27 AM
To:	Campos, Anthony; Anderson, Bridgette; Balfour-Flanagan, Cyndie; Perlingiere, Debra; Landau, Georgi; Thorne, Judy; Theriot, Kim S.; Hilliard, Marlene; Gonzales, Sharon; Dickson, Stacy E.; Campos, Sylvia A.; Hernandez, Elizabeth L.
Cc:	Bryan, Linda S.
Subject:	Volunteering this afternoon

Hey guys,

I just wanted to let you know that I will be out of the office this afternoon for my United Way volunteering duties.  Linda Bryan will be in all day, so please call her if you have any immediate needs while I'm out.

Thanks!
SBR x30569


Just received this on Brazil (financial)
----- Forwarded by Sara Shackleton/HOU/ECT on 05/16/2000 10:12 AM -----

	"MBTOS - Marcelo Rodrigues" <Mbtos@tozzini.com.br>
	05/15/2000 07:09 PM

		 To: Sara.Shackleton@enron.com
		 cc: Andrea.Bertone@enron.com, Brent.Hendry@enron.com, Lynn.Aven@enron.com,
Rick.Hopkinson@enron.com, afac@tozzini.com.br, Autumi@tozzini.com.br,
Krishna@tozzini.com.br, SAP@tozzini.com.br
		 Subject: Re: Financial Trading in Brazil

Dear Sara:

Please find attached hereto (i) Memo prepared in connection with certain
changes in the nonresident investor's regulations occurred in Brazil, and
(ii) revised Comparative Chart related to financial investments of
nonresidents in Brazil.

Should you have any questions on the above matters, please do not hesitate to
contact us.

Kind regards,

Marcelo Rodrigues

>>> "Sara Shackleton" <Sara.Shackleton@enron.com> 05/04 12:08 pm >>>

AFAC and Marcelo:  I hope this message finds you both well.  I would like to
finalize the matrix which was prepared last year so that we can create a
"baseline" for future updates.  Please feel free to date the matrix as of
December, 1999, if you wish.  Please forward any recent changes to me for
comment  and I will respond immediately.  Then we can move on to other things!
Thanks for your help and attention to this mattter.  Regards.  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/04/2000
10:34
AM ---------------------------

"MBTOS - Marcelo Rodrigues" <Mbtos@tozzini.com.br> on 03/13/2000 06:27:26 PM

To:   Sara.Shackleton@enron.com
cc:   Brent.Hendry@enron.com, Lynn.Aven@enron.com, afac@tozzini.com.br
Subject:  Re: Financial Trading in Brazil

Dear Sara:

Thank you for your E-mail below. We will be reflecting the new changes in the
regulations in the chart and will be sending it to your review as soon as
possible.

Kind regards,

Marcelo Rodrigues

>>> "Sara Shackleton" <Sara.Shackleton@enron.com> 03/13 2:29 pm >>>

Greetings to you both!  It has been awhile since we last spoke.  I would like
to
finalize the matrix which we have been discussing since the latter part of
1999.
Although we were awaiting new Central Bank regulations, I am beginning to
think
that the Central Bank revisions will not impact the matrix except with respect
to transactions which may be entered into by entities that are the subject of
the Central Bank regulations.  Please let me know whether or not you agree or
can offer any suggestions.  Thanks and regards.  Sara

 - M2689iii.doc
 - Char5.doc


On Friday, the ISO filed an emergency motion calling for the $250/MWh cap to
become a soft cap as a way to mitigate the extreme OOM calls it has been
forced to purchase recently.

I am attaching the filing FYI.  The Transmittal Letter is the thing to read
first.

Alan Comnes


Hi folks,

I have been getting calls from both Engage US credit and Engage Canada credit
regarding the guaranty's we have in place and what they want in place.  I
have also been working on getting the ISDA's and Master Physicals in place.
I want to see if we can get some resolution on these issues.  Below is a list
of the entities Enron is trading out of and with which Engage entity.  Can we
please work to get the contracts and guaranty's in place.  Let me know how I
can move forward with my Engage contacts.

Enron Entity                Engage Entity                   Contract
Type/Collateral Amnt.                Engage Guarantor/Amnt
ENA   Engage US   ISDA   $20MM      Coastal $20MM
ENA   Engage US   Master Firm Purchase Sale $10MM  Coastal $10MM
ECC   Engage Canada  ISDA   $10MM     Westcoast Gas $10MM**
ECC   Engage Canada  Master Firm Purchase Sale $15MM  Westcoast Gas $15MM**

**With respect to the Westcoast Gas Guaranty, I am prepared to accept a total
amount of $25MM covering both guaranty's and both products.  I know a
guaranty from Westcoast has been received for review by Mary Cook covering
financial transactions, although now this guaranty or a separate guaranty
should be received tied to the Master Physical between ECC/Engage Canada for
an additional $15MM.

Also, with respect to the Coastal guaranty between ENA and Engage US, I feel
we should get and give two separate guaranty's for financial and physical.  I
have discussed this with Debra Perlingiere as it relates to the Master
Physical.

The guaranty issues seem to be the largest issues.  Can I get an update from
each person involved with one of the above contracts to let me know where we
stand on these issues.

Regards,
Russell


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/08/2000
04:24 PM ---------------------------

Angie Collins
03/08/2000 03:49 PM
To: Nick Mooney/LON/ECT@ECT, Anastasia Karabatsos/LON/ECT@ECT, Ingrid van
Wees/LON/ECT@ECT, Stewart Peter/LON/ECT@ECT, Joseph Hrgovcic/HOU/ECT@ECT,
Steven Vu/HOU/ECT@ECT, Michael Nguyen/HOU/ECT@ECT, George Zivic/HOU/ECT@ECT,
David Kistler/HOU/ECT@ECT, Brando Hayden/HOU/ECT@ect, Paul R
Henry/HOU/ECT@ECT, Gary Taylor/HOU/ECT@ECT, Lucy Ortiz/HOU/ECT@ECT, Valter
Stoiani/Corp/Enron@ENRON, Rajib Saha/HOU/ECT@ECT, Tony Harris/HOU/ECT@ECT,
Mark Tawney/HOU/ECT@ECT
cc: Jere C Overdyke/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Donna
Baker/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Jose Marquez/Corp/Enron@ENRON
Subject: URGENT - Introduction Meeting

A video conference with the London office has been scheduled for:

Date: Thursday, March 9
Time: 8:00 a.m. - 9:00 a.m. (CST)
Room: 30C1

Thank you

Angie


How am I supposed to know the name of the pipeline? (the company within EL
Paso is Tennessee pipeline)  It's his company!  It doesn't matter what
pipeline I just need a cost!!!!!!

Love you,
Jenn

At 02:27 PM 5/1/00 -0500, you wrote:

>Can you at least give me the name of the pipeline?  He needs more info.
>Otherwise, he won't be able to help you.
>
>
>
>
>bartlette <bartlette@mail.utexas.edu> on 05/01/2000 02:22:22 PM
>
>To:   Clint.Dean@enron.com
>cc:
>
>Subject:  Re: hi
>
>
>Hey Baby,
>
>Today's been soooo crazy.  I haven't had time to get anything done today.
>
>There not much else I can tell you about the project.  If it would help, I
>could find out how far offshore the platform is.  El Paso has 2 pipeline
>networks offshore Louisiana.  He can pick either one.  It really doesn't
>matter to us.  We just want an estimate.
>
>Did you email my mom yet?  I hope so!
>
>Also, I won't be home until kind of late tonight.  My design group has a
>meeting at 7 pm.  I probably won't be home until after 9.  I'll try to call
>you between 5:30 and 7, okay?  If not, email me.
>
>Love you,
>Jenn
>
>
>
>


Waitlist if no cost and find somewhere else asap

 -----Original Message-----
From: 	Schoppe, Tammie
Sent:	Tuesday, November 27, 2001 2:03 PM
To:	Kitchen, Louise
Subject:	RE: London Serviced Apartments

I know but the Sloane apts. are booked.  Would you like to go on a waitlist or find somewhere else to stay?

Tammie Schoppe
Enron Americas-Office of the Chair
Assistant to Louise Kitchen
713.853.4220 office
713.646.8562 fax
713.253.2131 mobile

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Tuesday, November 27, 2001 12:51 PM
To:	Schoppe, Tammie
Subject:	RE: London Serviced Apartments

I need a two bedroom

 -----Original Message-----
From: 	Schoppe, Tammie
Sent:	Tuesday, November 27, 2001 12:45 PM
To:	Kitchen, Louise
Subject:	FW: London Serviced Apartments

Please read email below and let me know if you are interested.

Tammie Schoppe
Enron Americas-Office of the Chair
Assistant to Louise Kitchen
713.853.4220 office
713.646.8562 fax
713.253.2131 mobile

 -----Original Message-----
From: 	roy@londonservicedapartments.co.uk@ENRON
Sent:	Tuesday, November 27, 2001 11:33 AM
To:	Schoppe, Tammie
Subject:	London Serviced Apartments

Hi Tammie,

Nice to speak with you this afternoon.

As I mentioned, currently Sloane Apartments do not have a two
bedroom apartment available from January 1 - 5, however they feel
that it is likely that a cancellation may come in which would allow
them to accommodate Ms Nettleton.

In the meantime, they shall be pleased to reserve a one bedroom
suite plus an adjoining deluxe double bedroom at their sister
property Parkes Hotel in Knightsbridge.  The rate per night of
Slaone Apartments 2 bedroom apartment is GBP195 per night, and
although the rates at Parkes Hotel is considerably higher, they will
be pleased to reserve both the suite and double bedroom for the
same rate.

Parkes Hotel is located at 41 Beaufort Gardens, London SW3.
Below is a brief description plus I have attached a few pictures.
Could you please confirm that Ms Nettleton would be happy to
accept the suite and deluxe double bedroom at Parkes Hotel and
should a two bedroom apartment become available at Sloane
Apartments they will amend her reservation.

The One Bedroom Suite Parkes Hotel has:-

Comprisesof separate bedroom with double bed. Separate
    lounge with Sofa (sofabed on request at additional cost),
    armchairs, coffee table, desk with data port and extensive
    personal bar. Has a full bathroom with shower. Also has small
    kitchen with fridge/freezer and combination oven, together with
    tea making facilities
Can combine with either Deluxe Double or Junior suite
Approximatedimensions 46sq.m

Parkes Hotel has the ideal location. Only 100 metres from Harrods
and within walking distance of many of London's exclusive shops
and restaurants. Heathrow is a mere 30 - 40 minutes away. Let us
arrange a limousine and enjoy the trip in comfort.

Allow us to take care of you. Our staff will be happy to arrange
theatre seats, book flights, do your shopping, run errands, anything
to make your life easier. With no more than fifty guests, we have
the time to make you feel at home.

Whether you are here on a hectic business trip or a relaxing
holiday, we have the facilities and, more important, the desire to
make your stay a pleasant one.

All our rooms and suites are traditionally decorated with
airconditioning, roomsafes, direct dial telephone, data ports,
CNN/Movie Channel, and extensive minibars

It is a pleasure to be of service.

Best regards
Roy

Roy McKenzie
London (Serviced) Apartments

London Serviced Apartments
http://www.londonservicedapartments.co.uk
TEL: +44 (0)20 8923 0918
FAX: +44 (0)20 8521 9548
The following section of this message contains a file attachment
prepared for transmission using the Internet MIME message format.
If you are using Pegasus Mail, or any another MIME-compliant system,
you should be able to save it or view it from within your mailer.
If you cannot, please ask your system administrator for assistance.

   ---- File information -----------
     File:  onebedsuite.jpg
     Date:  27 Nov 2001, 16:50
     Size:  28449 bytes.
     Type:  JPEG-image

 - onebedsuite.jpg << File: onebedsuite.jpg >>
The following section of this message contains a file attachment
prepared for transmission using the Internet MIME message format.
If you are using Pegasus Mail, or any another MIME-compliant system,
you should be able to save it or view it from within your mailer.
If you cannot, please ask your system administrator for assistance.

   ---- File information -----------
     File:  deluxdouble3.jpg
     Date:  27 Nov 2001, 16:49
     Size:  27933 bytes.
     Type:  JPEG-image

 - deluxdouble3.jpg << File: deluxdouble3.jpg >>


Gents -

Here is your spreadsheet. There are comments at the bottom each sheet. Many
of them bring up the same points and I stopped making specific comments at
the older projects. Sky River and VG comments are more detailed because we
are the project partner again as of last week (these were divested for QF
reasons in 1997).On the EnronSumm sheet added are some recommended further
info to request and a summary of the main points in the comments. On the
EnronVal sheet I suggest an alternative valuation for your consideration
although issues on which I've made comments will still need resolution. Let
me know what I can do for you further and when/if you'd like to go over this.

Cheers - Eddie


I just received a call from Damon Sykes at National Fuel.  He said we have
positive balance of 797,464 on our FSS  contract, and we have a balance of
(797,163) on our ISS.  It looks like we paid back 301 dth too much.

Damon said we need to do a nomination to reverse the storage balances and we
need to take out the 301 dt.  Would you guys speak to Nat Fuel about handling
this please?

Don't worry about doing it this weekend, take care of it early next week.

Thanks


The Gas Trading Messaging System is ready for everyone to use.  Here is the
link to the site.  Please let everyone know so they can start using it.

http://gasmsgboard.dev.corp.enron.com

For questions, contact the below:

Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
Brian_Hoskins@enron.net


This book request has been completed. Please call me if you have any questions.

Thank you.

Jennifer Velasco
Risk Controls
X 5-2526

*Please forward this to jtaylor1 and spalmer who also have access to this book.


Dan,

Please take a look at the Confidentiality Agreement attached below for
National Energy & Trade.  Give me a call or forward me any comments you may
have.

Thanks,

Veronica
x6-6002

---------------------- Forwarded by Veronica Espinoza/Corp/Enron on
09/07/2000 10:11 AM ---------------------------

"Philip Dumas" <pdumas@enjet.com> on 09/06/2000 06:52:19 PM
To: <veronica.espinoza@enron.com>
cc:

Subject:

Call me at your convenience at 713 871-1957.  Thanks, Philip
 - Confidentiality Agreement.doc


Greg,

Are you interested in discussing opportunities with E*steel at another
time?   I would like to have Mr. Belew call you to set up an appointment in
the near future.  Let me know what your objective is with Enron Networks, and
if you are pursuing the same online platform growth in steel that we are in
natural gas.  Do you see opportunities in trading steel products as a
commodity at some point, and if so, will Enron be active in making markets
not only on EOL, but on other platforms?

I appreciate your taking the time to entertain their questions.  Thank you
for your assistance.

sincerely,
Mike Grigsby
Director, West Gas Trading
x37031


Erin,

A book by Martha Amram and Nalin Kulatilaka is an excellent
non-technical introduction to real options and it contains all the most
important
references to more advanced books and papers.
The book has an endorsement  by Jeff Skilling on the cover page.

The Research Group offered  several one-day seminars on real options
and applications to the energy industry. We still have a few binders with
the presentation materials available if you are interested.
We plan to repeat the seminar sometimes in the fall.
The first part of the seminar (about 4 hours in the morning) covers general
concept of real options
and their applicability to the energy business.
The second, more technical afternoon session, covers stochastic processes used
to model price uncertainty in the energy markets and specific case
studies (valuation of natural gas storage facilities and of peaking gas-fired
power plants).

The real options approach has been developed specifically to address the
problem of making
investment decisions under uncertainty. Nobody in this field claims that this
is a
perfect tool, but it represents a significant progress compared to other
techniques developed
earlier.

Discounted cash flow analysis that tries to incorporate uncertainty through
analysis of several, in most cases, arbitrary scenarios (most likely,
optimistic,
pessimistic). These scenarios don't identify explicitly the risk drivers
and don't specify the future proactive management decisions.

The real, option approach is very powerful because it allows to (1) capture
uncertainty in an explicit way and  (2) to design investment projects that
allow to exploit future positive developments and reduce future exposures to
downside risk.
This approach allows also create a link between investment decisions and
future
operational decisions. Forward-looking investment decisions create options
that are exercised
in the future through active management of a project.

The real options technology relies heavily on advanced statistical tools to
come
up with the representation of future possible states of the world. The real
challenge is
to use these tools in a sensible way. I have seen in my career (almost 30
years
of applying mathematical tools to business and economic problems) many quants
armed with
powerful computers who reminded me of monkeys armed with hammers. The
challenge is not
to run mechanically  thousands of simulations based on arbitrary assumptions
but to translate in a  creative   way the insights of people who understand
specific  businesses
into parsimonious quantitative models. It is especially critical to
stress-test the assumptions
of any model and to ask the question if the outcome of a model depends
critically on any set of assumptions.
If this is the case one should use common sense to examine the underlying
assumptions.
I remember that in the early eighties quite a few models simulated the
dynamics of oil prices,
but all the stochastic scenarios represented fluctuations around a very
optimistic  upward trend.
One would have been better off stepping back and asking a simple question
what Economics 101
teaches about cartels and the dynamics of supply and demand.

	Enron North America Corp.

	From:  Erin Rice @ ENRON                           06/27/2000 03:52 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Pre-submitted question on eSpeak

Good news!  There is already a question waiting for your July 12 eSpeak
session.  I have pasted it below, although you don't have to respond until
the actual event.  Don't forget to send a bulleted list of discussion topics
if you would still like us to advertise the event on the elevator screens.

Thanks.

- er

submitted by breineck
I was doing some reading about the application of real options in the
evaluation of non-financial assets. Would you recommend any texts or articles
for a
more in-depth study of this area? Is quantification of risk or uncertainty
the major challenge in using this concept? Can statistical tools be used with
this to do
a sort of sensitivity analysis?


I have a call into my rep at Barton Creek to find out what happened.  Can you tell me what charges were applied to your American Express?
Thanks.

-----Original Message-----
From: Lavorato, John
Sent: Sunday, October 21, 2001 9:16 PM
To: Hitchcock, Dorie
Subject:

dorie

So after paying at Barton Creek.  We split the bill 3 ways.  They added another $ 800 to my Amex.  I think they may have added the other room to the bill although we cancelled it and they resold it.  Can you check what the 800 was.

Thanks

John


Please find attached the EEOS / NEPCO weekly project update for week ending
May 18, 2001.

If you have any questions, you can call me at (713) 646-6106.

Mark


I extended both deals.

D

Jackie Young
03/06/2000 11:20 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: 98-1052 and 98-1534 (K extensions)

Daren,

I'm attempting to clean up my allocations, due to this being allocation close
week for Volume Management.

98-1534 (delivery meter) overflowed into March, day 1 only,  for .30
decatherms (Sitara Deal #163005 - Start date 2/1/2000  and stop daate
2/29/2000).  The 215K is the only one at this meter for Feb. 2000
production.  I don't see a new Sitara deal number being referenced nor do I
see the evergreen flag applied here.  Please apprise if you can extend the
ticket for this small amount for 3/1/2000 or if you want it handled
differently.

98-1052 (delivery meter), allocated flow for 2/21-2/24/2000 with no K
applied.    Days 22 and 23 for February references the 215K (Sitara Deal
#168884 start date 2/22/2000 stop date 2/23/2000.  Sitara deal #201636 has
the same start and stop date as 168884 and neither references an evergreen
flag or a new deal number).

Thanks
-Jackie-
3-9497


I guess so, cause I got your e-mail.  Just in case, it's marie.heard@enron.com.
 -----Original Message-----
From: 	JudgeCW@aol.com@ENRON
Sent:	Tuesday, November 13, 2001 11:17 AM
To:	Heard, Marie
Subject:	e-mail update

Marie,
    Just wanted to drop you a line and check and see if this is a good e-mail
address.  I haven't sent you any corny jokes in a while.  Love,  your older
adopted brother, Carroll


Ok.  My hubby tells me the tickets you want are available, and he'll put your
name on them, so to speak.

Kay

Carolyn George
01/25/2001 03:26 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Rodeo Tickets

Kay,

If you still have 4 tickets for March 2 (Martina McBride & Lee Ann Womack) I
would like to purchase those.

Do you mind checking to see if you have 2 tickets for March 1 (Def Leppard),
if you do I would like to purchase those also.

Just let me know.

Thanks so much!

Carolyn George
Sr. Administrative Assistant
Enron Wholesale Services
Enron Industrial Markets LLC
1400 Smith, EB3836A
Houston, TX  77002
(713) 853-3439    Fax:  (713) 646-3393
email:  carolyn.george@enron.com


Please touch base with Gina and let her handle this.

-----Original Message-----
From: Kuehl, Toby
Sent: Tuesday, January 15, 2002 12:31 PM
To: Corman, Shelley; Holmes, Bradley
Subject: FW: pipeline

Well, we get all kinds!

-----Original Message-----
From: Panagopoulos, Todd [mailto:TPanagopoulos@tribune.com]
Sent: Tuesday, January 15, 2002 11:57 AM
To: 'tw@enron.com'
Subject: pipeline

Where is the pipeline? Is it above ground where I could photograph it?

Todd Panagopoulos
Chief Photo Assignment Editor
Chicago Tribune
4th Fl. Photo
435 N Michigan Ave.
Chicago, IL 60611


You gave me 2 invoices for CNR that are not on your April 2002 payment worksheet.

Producer	Volume		Amount
J E Harris	815		$260.80
Carol Littleton	748		$239.36

Should I toss these 2 invoices or should they be included in the list?


add to my schedule.   M
----- Forwarded by Mark E Haedicke/HOU/ECT on 04/10/2001 06:23 PM -----

	Lisa Mellencamp
	04/10/2001 05:54 PM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc: Sheila Tweed/HOU/ECT@ECT
		 Subject: Sithe "All Hands" Meeting; LOCATION CORRECTION

per my voicemail.

Lisa J. Mellencamp
Enron North America Corp. - Legal
1400 Smith St.
Houston, TX  77002
Tel:  (713) 853-7986
Fax: (713) 646-3393
E-mail:  Lisa.Mellencamp@enron.com
----- Forwarded by Lisa Mellencamp/HOU/ECT on 04/10/2001 05:46 PM -----

	Joyce Dorsey@ENRON COMMUNICATIONS
	04/10/2001 01:52 PM

		 To: Todd Busby/NA/Enron@ENRON, Morris Richard Clark/Enron@EnronXGate, Wes
Colwell/Enron@EnronXGate, Timothy J Detmering/HOU/ECT@ECT, Stephen H
Douglas/Enron@EnronXGate, Rodney Faldyn/Enron@EnronXGate, John J
Lavorato/Enron@EnronXGate, Lisa Mellencamp/HOU/ECT@ECT, Charles
Ward/Corp/Enron@ENRON, Jeff Donahue/Enron Communications@Enron Communications
		 cc: Shirley Tijerina/Enron@EnronXGate, Susan Fallon/Corp/Enron@ENRON,
Christina Brandli/Enron@EnronXGate, Shelley Grover/Enron@EnronXGate, Kimberly
Hillis/Enron@EnronXGate, Linda J Simmons/HOU/ECT@ECT
		 Subject: Sithe "All Hands" Meeting; LOCATION CORRECTION

The Sithe meeting described below will be held in EB3321.  Thanks.

Joyce Dorsey
Enron Broadband Services
Corporate Development
Phone:  713/853-3516
Cell Phone:      713/502-2246
joyce_dorsey@enron.net
----- Forwarded by Joyce Dorsey/Enron Communications on 04/10/01 01:56 PM
-----

	Joyce Dorsey
	04/10/01 11:23 AM

		 To: Todd Busby/NA/Enron@ENRON, Morris Richard Clark/Enron@EnronXGate, Wes
Colwell/Enron@EnronXGate, Timothy J Detmering/HOU/ECT@ECT, Stephen H
Douglas/Enron@EnronXGate, Rodney Faldyn/Enron@EnronXGate, John J
Lavorato/Enron@EnronXGate, Lisa Mellencamp/HOU/ECT@ECT, Charles
Ward/Corp/Enron@ENRON, Jeff Donahue/Enron Communications@Enron Communications
		 cc: Shirley Tijerina/Enron@EnronXGate, Susan Fallon/Corp/Enron@ENRON,
Christina Brandli/Enron@EnronXGate, Shelley Grover/Enron@EnronXGate, Kimberly
Hillis/Enron@EnronXGate, Linda J Simmons/HOU/ECT@ECT
		 Subject: Sithe "All Hands" Meeting

At the request of John Lavorato, a Sithe "all hands"  meeting has been
scheduled for Thursday, April 19, 9:00-10:00 a.m. in EB3621.  Invitees
include:

Todd Busby
Morris Clark
Wes Colwell
Tim Detmering
Jeff Donahue
Steve Douglas
Rodney Faldyn
John Lavorato
Lisa Mellencamp
Chuck Ward

Thanks,

Joyce Dorsey
Enron Broadband Services
Corporate Development
713/853-3516


I reviewed the draft you forwarded.  Looks good.  I have the following two
questions:

Section 1.1 - The fourth sentence down in the parenthesis "(whether owned or
leased by LESSEE)".  Shouldn't that read "(whether owned, operated, or leased
by LESSEE)" since Mariner only operates the Property for MEGS?

Term  -  Shouldn't the term mirror the term for the Production Handling
Agreement?  Section 7.1.2.e allows termination after January 1, 2005.  Why
would Marathon want to terminate while the PHA is still in effect?

	"Bradley G Penn" <BGPenn@MarathonOil.com>
	06/14/2000 09:16 AM

		 To: lvickers@br-inc.com, Gerald.Nemec@enron.com, jdegraffenreid@hess.com,
gharless@mariner-energy.com
		 cc: ERGetz@MarathonOil.com, JCAlbert@MarathonOil.com,
RAHernandez@MarathonOil.com, RJColosimo@MarathonOil.com
		 Subject: South Pass 89 B Lease of Platform Space

Attached is a revised Lease of Platform Space Agreement (LOPSA) for the MEGS
property associated with the Mariner Pluto subsea development. This version
has Mariner  as operator on behalf of MEGS, L.L.C. as Lessee. The responsible
party will be Mariner for performance and notification. The obligations
between Mariner and MEGS are covered in their separate agreement for O&M.
Please review and let me know if you have suggested changes. I will not be
able to access my e-mail between June 21 and June 29. Hopefully on June 29 we
will be in our new offices in Houston and ready to go.
Thanks,
BGP

 - Megslops.doc


Paul,

FYI.  This is the document which starts the move into the ABB facility
agreements.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 10/23/2000 04:22
PM ---------------------------

"ROB TAYLOR" <TAYLR@andrews-kurth.com> on 10/23/2000 04:12:48 PM
To: <szisman@ect.enron.com>, <eric.boyt@enron.com>, <k.clark3@enron.com>,
<Kay.Mann@enron.com>, <Roseann.Engeldorf@enron.com>, <TOxley@winston.com>
cc:

Subject: Attached Files

Attached are clean and marked versions of the Purchase Option Assignment and
Assumption Agreement.  Please insert the date of the ABB Agreement (p. 1) as
well as descriptive information of the equipment being purchased (Schedule 1).

Please let me know if you have any questions or comments regarding the
attached.

Regards,

Rob Taylor
Andrews & Kurth L.L.P.
Chase Tower
600 Travis Street
Suite 4200
Houston, Texas  77002

Tel:  (713) 220-4436
Fax:  (713) 238-7273

robtaylor@andrews-kurth.com

This e-mail (and any attachment(s) hereto) is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail (and any attachment(s) hereto) is strictly
prohibited.  If you have received this e-mail in error, please immediately
notify me at (713) 220-4436 and permanently delete the original and any copy
of such e-mail and destroy any printout of such e-mail.

 - Purchase.DOC
 - Purchase.DOC


Sorry so much time has passed since we last discussed your North American Gas
Model.  I am however still interested in setting up a test process to
familiarize some of our key people with the model and the database, etc.

I am now reviewing the licensing agreement that you submitted in December and
will be back in touch soon.  I need to discuss this further with the business
segments, but I suspect that our interest will be focused more on the Long
Term gas model.

Another member of your firm had called last week, but I somehow misplaced his
name and number.  I thought that an e-mail response would suffice for now.
My apologies.

Regards,

John Goodpasture


Per my previous e-mail, the new receipt point allocation and lower commodity
rate structure is effective 8/1/00.

chris
x31666

---------------------- Forwarded by Chris Meyer/HOU/ECT on 07/31/2000 10:45
AM ---------------------------

	From:  Chris Meyer                           07/26/2000 11:37 AM

To: Joe Parks/Corp/Enron@ENRON, Sylvia S Pollan/HOU/ECT@ECT
cc: Julie A Gomez/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT
Subject:

I've renegotiated the 400,000 MMBtu/day supply area deal on NGPL.  The
primary delivery points have not changed. The new (receipt) paths, volumes
and rates are below.  I'll forward the actual receipt points along with the
amended contract once complete.  Essentially, this new structure
significantly reduces our commodity costs to points west of 346 and slightly
reduces (50%) commodity costs east of 346.  Please remember that secondary
deliveries to points east of 346 (with the exception of Sonat Erath) still
include a volumetric (demand) adder $0.02 Dth for STX receipts and $0.025 for
all other receipts.   Deliveries to Sonat Erath will be an additional $0.02
MMbtu.  Let me know if you have any issues ASAP.  I want to make this
effective August 1.

East of 346

chris
x31666


(See attached file: HPLN1109.xls)

 - HPLN1109.xls


Is there anything I need to look at today?  Do we need to meet on Monday to discuss where we are and what else needs to be done?

 -----Original Message-----
From: 	Howard, Kevin A.
Sent:	Wednesday, February 20, 2002 11:16 AM
To:	Donoho, Lindy; Hayslett, Rod
Cc:	Ratner, Michael; Thames, Davis; Geaccone, Tracy; Harris, Steven
Subject:	RE: TW Business Plan

Thanks Lindy - I should have something for you to look at by the end of the day.

 -----Original Message-----
From: 	Donoho, Lindy
Sent:	Wednesday, February 20, 2002 11:15 AM
To:	Howard, Kevin A.; Hayslett, Rod
Cc:	Ratner, Michael; Thames, Davis; Geaccone, Tracy
Subject:	RE: TW Business Plan

I've attached Michael's most recent version (from Friday) of the PowerPoint presentation I put together and I've incorporated Tracy's comments (from yesterday).  Ron Matthews had drafted a history for Tracy - it appears on a slide in the presentation.

This is all we have as far as a basic overview and history.

 << File: RatingAgencyTW022002.ppt >>

 -----Original Message-----
From: 	Hayslett, Rod
Sent:	Wednesday, February 20, 2002 9:48 AM
To:	Donoho, Lindy
Cc:	Ratner, Michael; Thames, Davis; Howard, Kevin A.
Subject:	RE: TW Business Plan

If you could help me with a couple of pieces we will be moving in the right direction.     I am looking for a history of TW and some basic overview stuff.

 -----Original Message-----
From: 	Donoho, Lindy
Sent:	Wednesday, February 20, 2002 9:06 AM
To:	Howard, Kevin A.
Cc:	Ratner, Michael; Thames, Davis; Hayslett, Rod
Subject:	RE: TW Business Plan

I didn't get a response from Tracy yesterday, so I'll ask you.  Is Gina Taylor's group working on a draft of the Business Plan?  I understood from Tracy in our meeting with Steve last Friday that someone in Gina's group would be working on a draft of the text version of the presentation.  Do you know if that's happening?

 -----Original Message-----
From: 	Geaccone, Tracy
Sent:	Tuesday, February 19, 2002 9:17 AM
To:	Hayslett, Rod; Howard, Kevin A.
Cc:	Ratner, Michael; Donoho, Lindy; Thames, Davis; Geaccone, Tracy
Subject:	TW Business Plan

I did not have the updated model so I could not add assumptions from there, projected revenue growth, financial data, etc.  I need to get Michael or Davis to add.    I realize there is quite a bit of work to be done as far as putting this into a narrative format.  Hopefully this will start the process.  I think Lindy is the best person to help with this while I am out.  Thursday is probably the first day I will feel like looking at this.  I realize the timing is not great for my surgery, however, is there really ever a good time.  I actually planned this over a month ago.

 << File: BUSINESS PLAN OF TRANSWESTERN PIPELINE COMPANY.doc >>


Here's what happened to the Enron South America LLC master.  You can now
officially bug Robert George (legal in Sao Paulo) and  Bruce Harris
(commercial in Houston) and remove Andrea Bertone from any official
distribution.  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/08/2000
02:46 PM ---------------------------

Sami Arap@ENRON_DEVELOPMENT
03/08/2000 01:51 PM
To: Sara Shackleton@ECT
cc: Bruce Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert H
George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Southern Cone Financial Master Agreements Schedule

Sara;

FYI.

Rgds,

Sami
---------------------- Forwarded by Sami Arap/ENRON_DEVELOPMENT on 03/08/2000
04:57 PM ---------------------------

	Enron International

	From:  Robert H George                           03/03/2000 05:13 PM

To: Sami Arap/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Andrea Bertone, Nancy Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Southern Cone Financial Master Agreements Schedule

Item 21 is actually a contract being reviewed by Bruce Harris and I.  I have
already discussed the contract with Bruce, but last time I heard from him on
the contract he had some questions for tax.  In any event, it is probably
appropriate to take Andrea off of the list as the "commercial contract" and
put Bruce Harris on instead.   That way people in Houston can start bothering
the right person (ie, Bruce) when they wonder where it stands.
---------------------- Forwarded by Robert H George/ENRON_DEVELOPMENT on
03/03/2000 05:12 PM ---------------------------

Andrea Bertone
03/03/2000 04:50 PM
To: Robert H George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Southern Cone Financial Master Agreements Schedule

---------------------- Forwarded by Andrea Bertone/ENRON_DEVELOPMENT on
03/03/2000 04:57 PM ---------------------------

Sami Arap
02/29/2000 08:11 PM
To: Andrea Bertone/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Nancy Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Southern Cone Financial Master Agreements Schedule

Andrea & Nancy;

Please see item 21 of the attached distribution list.

Thanks,

Sami

---------------------- Forwarded by Sami Arap/ENRON_DEVELOPMENT on 02/29/2000
08:17 PM ---------------------------

Susan Bailey@ECT
02/29/2000 06:05 PM
To: Sami Arap/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Pablo
Acevedo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bernardo
Andrews/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gabriela
Aguilar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Federico
Cerisoli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rodolfo
Freyre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Julian
Poole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John J
Shoobridge/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Don
Black/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Southern Cone Financial Master Agreements Schedule

All,

Sara Shackleton has asked that you all be included on our monthly
distribution of the captioned Schedule.  This Schedule is distributed via
e:mail on the first of every month and sets forth the status of financial
master agreements in Argentina and Brazil.


When Lynn and Steve were both gone at the same time this week we realized that we needed to have another plan in place for getting wire and check requests signed by Rick who is located on 39.  So what we have decided to do if that happens again is to first, make sure that the teams know that Lynn and Steve will be gone and second, we will set up a basket in my office where you can drop your wire or check requests off and then either Josh or myself will get them down to Rick for his signature and then back to you.  If you have any questions, please let me know.

Thanks,

Raetta


You have signed the last beam....
 Now  watch it rise.

Enron employees are invited to celebrate the
 Topping-Out of Enron Center South
 this afternoon at Antioch Park
3:45 pm - 4:30 pm.

In celebration of Arbor Day, tree saplings will be
handed out to all participants.

In the event of rain, the Topping-Out Celebration will air on IPTV Wednesday
and
the tree saplings will be distributed in the plaza today at 4:00 pm


Transwestern's average deliveries to California were 854 MMBtu/d (78%), with San Juan lateral throughput at 844 MMBtu/d.  Total East deliveries averaged 473 MMBtu/d.

El Paso's average deliveries to California were 1783 MMBtu/d (61%):
- PG&ETop, capacity of 1140 MMBtu/d, deliveries of 374 MMBtu/d (33%)
- SoCalEhr, capacity 1250 MMBtu/d, deliveries of 954 MMBtu/d (76%)
- SoCalTop, capacity 540 MMBtu/d, deliveries of 455 MMBtu/d (84%)

Friday's posted Gas Daily prices:
	SoCal gas, large pkgs	  2.345 (+.21)
	PG&E, large pkgs	  2.28 (+.19)
	TW San Juan		  2.20 (+.19)
	TW Permian		  2.225 (+.185)

Enron basis:	n/a


Steve Merriss has joined the Real Time group effective today, March 19th.
Steve is a graduate of the University of Oregon with a BS in Economics, and
worked as a CPA prior to joining the Real Time group.  Please join me in
welcoming Steve to Enron's West Desk.

B. Williams


Return Receipt

 Your
 document:

 was received Kelley Doolan/ST/FIS
 by:

 at:          03:18:34 PM Today


NEW TIME
Please accept this invitation, as it will automatically populate onto your calendars.

Thank you,

Irena Hogan
x36143


Packers beat Chargers 13 to 6.


We should have some impact from the following deals 456630, 456638, and
414075.
I increased the price on 414075.

---------------------- Forwarded by Chris Germany/HOU/ECT on 10/27/2000 03:32
PM ---------------------------

Chris Germany
10/27/2000 03:32 PM
To: Joann Collins/Corp/Enron@ENRON, Alvin Thompson/Corp/Enron@Enron, Jeffrey
Porter/HOU/EES@EES, Dave Scott/HOU/EES@EES
cc: Victoria Versen/HOU/ECT@ECT
Subject: Oct buy back

Hey team.

I just created deals 456630 (sale to New Power) and 456638 (buy from New
Power) at the pool.  This is to record the gas ENA is buying back from New
Power when there daily loads drop below the FOM numbers.  I'm using the
following FOM numbers

1st-6th  51,762
7th-26th  41,762  New Power sold back 10,000 dth day 7th-31st
27th-31st 31,762 New Power sold Aquilla 10,000 dth 27th-31st

Using these numbers, ENA is only buying back a total of 164,031dth through
the 25th.  Not as much as I thought.


Feast your eyes on Enron Business' cool and colorful new look.  You'll find
it in your mailbox at home and online at home.enron.com under Publications,
Enron Business, and "Volume 1, 2001".  (And if you're in Houston, you might
find a few extra copies at the Plaza Java in the lobby of the Enron Building.)

In this issue:
? Enron Industrial Markets invigorates an "old economy" marketplace by
creating transparent trading systems for paper, pulp and steel;
? Jeff Skilling takes a look back at 2000 and tells us what to expect in 2001
) and gives us a few intimate details about himself;
? LNG becomes a promising option;
? Enron salutes the 100th anniversary of Spindletop;
? The Insider takes at look at how gas trading books work;
? Find out what you told us should be Enron's 2001 New Year's Resolutions )
and enter our Word Search to win a $50 American Express gift certificate!
Don't dally ) the deadline for entries is Friday, March 30; and
? Have you got an extreme hobby?  We want to know about it!  For details,
start reading(


[IMAGE]
	Monday January 28, 2002	[IMAGE]
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[IMAGE]		      [IMAGE] [IMAGE]      In This Issue [IMAGE]      [IMAGE]     [IMAGE]    Current Oil and Gas Industry News T! op Stories for the Past 7 Days Featured Events and Conferences What's in Store - Books & More     Featured Employment Opportunities Surplus Oilfield Equipment For Sale Worldwide Offshore Rig Utilization Oil & Gas Prices    [IMAGE]   [IMAGE]       Industry Headlines [IMAGE]      [IMAGE]       OPEC Over Quota in December  OPEC's 10 members with output quotas cut 23,000 barrels bpd from their production in December to 23.65 million bpd.  TotalFinaElf and Yukos Form Partnership  TotalFinaElf has formed a 50/50 joint venture with Russia's Yukos to explore and develop the Shatsky area in the Black Sea.    [IMAGE]   [IMAGE]  advertisement  A National-Oilwell designed, 1992 built modular offshore drilling rig is available for sale direct from the manufacturer.  This rig drilled only 5 wells from the Draugen platform in the Norwegian sector of the North Sea.  Click on the link below for full details, photos and seller contact information:   http://www.rigzone.com/market/surplus_listing.asp?eq_id=397            Exploration [IMAGE]      [IMAGE]     [IMAGE]  Iran Puts South Pars Up For Bid  Iran has put the offshore South Pars oilfield back up for bidding and intends to reveal the winning investor this spring.    [IMAGE]   [IMAGE]       Production [IMAGE]      [IMAGE]     [IMAGE]  Langsa Field Well Back Production  The Matrix Oil  L1 well has been placed back on production.  The well was taken off production in December due to a glycol leak.  Heimdal and Huldra Back Onstream  The Heimdal gas center resumed its production and processing of natural gas from the Huldra field Jan. 24, after a forced shut down due to control system problems on Jan. 21.  Statfjord C Back on Stream  Production from Statoil's Statfjord C platform, shut! down for four days, was resumed early yesterday evening, January 24th.   Terra Nova Starts Producing  Petro-Canada reports that the Terra Nova field offshore Newfoundland continues to improve on its daily production numbers.    [IMAGE]   [IMAGE]       Company & Financial News [IMAGE]      [IMAGE]     [IMAGE]  Halliburton in Norway Achieves ISO 14001  Halliburtonannounces that the Shared Services Operations and the Production Enhancement product service line of its subsidiary Halliburton AS in Norway have been awarded the ISO 14001 accreditation.  PanCanadian in Merger Talks  PanCanadian and Alberta Energy are in discussions regarding the possible merger of the two companies.  Goodrich Sells Partial Interest in GOM Assets  Goodrich has agreed to sell a portion of its interest in its Burrwood and West Delta 83 fields for $12 million.      [IMAGE]   [IMAGE]       Last 7 Days Top Stories [IMAGE]      [IMAGE]     [IMAGE]  Drilling Operations Halted on West Navion  Drilling operations on the West Navion have been halted for the next 2-3 weeks so the rig can undergo an inspection of its derrick.  Pemex Increases Exploration Spending in 2002  Pemex plans to concentrate spending on explortion and production projects in 2002.  Kerr-McGee Sells Ecuadorian Assets  Kerr-McGee has agreed to sell two oil lease concessions and its! stake in a pipeline project in Ecuador to Perenco.  CNOOC Acquires Repsol-YPF's Indonesian Assets  CNOOC has acquired Repsol-YPF's Indonesian assets for US $585 million in cash.  This acquisition will make CNOOC the largest offsohre oil producer in Indonesia.  Kvaerner Awarded  Escravos FEED Contract  Kvaerner has been awarded the FEED work for the Escravos Gas Project Phase 3 by NNPC/Chevron.  Court Rules on Offshore Injury Case  United States Fifth Circuit Court of Appeals decides that wireline perforation used in drilling and capping wells is not "ultrahazardous".  Transocean Puts Two Rigs Back to Work  Transocean Sedco Forex Inc. has been awarded contracts for two high-specificat! ion floating drilling rigs and has received a contract extension on a third high-specification floating drilling rig.   Conoco Sets Budget for 2002  Conoco to spend the majority of its $2.8 billion dollar budget on upstream operations in 2002.  Marathon Makes Discovery in Alaska  Marathon oil has made a significant discovery on its Ninilchik Prospect located approximately 35 miles south of Kenai, Alaska.  CNOOC Announces 2002 Strategy   In 2002, CNOOC will continue to focus on growing production, executing development plans and adding reserves through exploration.  Bouygues/Saipem Awarded Algerian Contract  Sonatrach has awarded a joint venture of Saipem and Bouygues a $257 million oilfield development project in Algeria.  Westcoast Energy Reaches Milestone in Mexico  Westcoast Energy announced has reached a major milestone in the development of the Campeche Natural Gas Compression Services Project in Mexico.    [IMAGE]   [IMAGE]       Upcoming Oil & Gas Industry Events [IMAGE]      [IMAGE]     [IMAGE]  Jan. 29    NAPE Expo 2002  Houston Feb. 6     Torch Mid-Winter Energy Conference  New York Feb. 7     Marine Construction 2002  Houston Feb. 10    2002 SPE International Petroleum Conference & Exhibition in Mexico  Villahermosa Feb. 26    2002 IADC/SPE Drilling Conference and Exhibition   Dallas Feb. 26    Offshore Oil and Gas Safety Seminars  Aberdeen Feb. 27    Human Resources in Oil & Gas  Aberdeen Mar. 10    AAPG Annual Meeting  Houston Mar. 20    LNG North America  Houston Apr. 9     2002 SPE/ICoTA Coiled Tubing Conference and Exhibition  Houston  list y! our conference  view upcoming events   [IMAGE]   [IMAGE]    [IMAGE]    [IMAGE] [IMAGE]  Horizon Offshore  Global Completion Service  HoverDril  Baker Hughes   [IMAGE]   [IMAGE]   promote your company      [IMAGE] [IMAGE]  [IMAGE]  Offshore Field Development Guide - The Americas  [IMAGE] [IMAGE]   Mapper 1.3  [IMAGE] [IMAGE]  Offshore Field Development Guide - The Americas  [IMAGE]  [IMAGE]   [IMAGE]   more products   [IMAGE]      [IMAGE] [IMAGE]  featured equipment: Ambar Marine 26' Fast Rescue Boats  [IMAGE]   West Africa Located Cooper LTO 750  [IMAGE]   [IMAGE]   [IMAGE]   more equipment      [IMAGE] [IMAGE]   featured jobs:  - Naval Architect  - ! 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			  Promotional Opportunities Become a Sponsor, feature your job opening or, advertise your  upcoming industry conference.  Click here  for more information, send your press release to  info@rigzone.com  or call us at 281-345-4040.   Member Services If you no longer wish to receive this newsletter, you may unsubscribe by clicking here  or by logging in to Rigzone and updating your profile.   You can also change the format you receive (HTML or Text) and your email address by logging in and updating your account.   Click here to log in .
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The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude Spread     http://www.carrfut.com/research/Energy1/crudespread22.pdf
Heat Spread     http://www.carrfut.com/research/Energy1/heatspread22.pdf
Unleaded Spread
http://www.carrfut.com/research/Energy1/unleadspread22.pdf

Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack22.pdf
Gas Crack     http://www.carrfut.com/research/Energy1/gascrack22.pdf


All,

The below Analyst & Associate recruiting dates require ENA participation at Manager level at above.   In order to resource each of your departments it is important to have ENA's involvement and participation in the interviews and debrief sessions on Fantastic Friday and Super Saturday events.     These de-brief sessions will allow you the opportunity to select candidates you wish to join your groups.  The target  is to assign potential candidates to business units and departments from the outset.

As ENA has the highest percentage of A&A rotating in its business unit, the participation of ENA at interview should reflect this.     Therefore, please encourage your direct reports and managers to participate in the below events in order to secure candidates for your business area.

Associate Recruiting:		Saturday November 3						Total - 70 Candidates for Interview
Analyst Recruiting:		Friday, November 16						Total - 70 Candidates for Interivew
Associate Recruiting:		Saturday, December 1						Total - 70 Candidates for Interview

The above spreadsheet represents ENA's particpation today which I believe highlights the need for much additional support in these efforts.

Please confirm by return participation of your respective groups.

Regards,

Karen Buckley
HR - ENA


Also, I would add that another reason we didn't submit the O&M agreement is
that we considered it to be confidential.

Gerald Nemec@ECT
03/23/2000 11:47 AM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: FERC Issues

Susan, Attached is the text I am forwarding to the investors.  Please let me
know if you have any comments.  Thanks for your help.

I talked further with Transwestern Counsel today concerning the issues and
have the following points;

 1.  FERC was made aware of the Compression Services arrangement with ECS (at
that time via Enron Capital & Trade Resources Corp.) in the filings for the
certification of the Kachina units.  FERC simply didn't ask any further
questions in that proceeding.  The Operation & Maintenance Agreements in
place for the Kachina units essentially accomplishes the same things as the
Operational Control Agreement in Gallup.  TW feels the O&M agreements would
be adequate to answer any questions that possibly FERC might ask regarding
this subject matter.  The Operational Control agreement was put into place in
Gallup because it was thought to be easier to give FERC exactly what is was
looking for rather than show them the Gallup O&M Agreement which might slow
down the process at that time.

 2.  There is no basis in FERC Regs or the NGA for FERC to impose any type of
penalty or discontinue the Compression Service's due to TW's operation of
Kachina without the Operational Control Agreement.  No regs or law address
this situation.  Again this is tempered by the fact that FERC was made aware
of the arrangement and didn't ask any questions and the O&M agreement is in
place to accomplish control for TW.

 3.  I also faxed you a copy of Section 19(c) of the NGA which indicates that
the petition for rehearing does effect the status of the certificate.
Construction is moving ahead and the anticipated start date is May 1.

I will forward the filing TW made wrt to the Operational Control Agreement as
soon as I recieve it.  Let me know if you have any further questions (713)
853-3512.


Although a final order is not yet available, we were able to glean the basic
content of the Commission's latest refund order from the discussion had at
the Commission meeting this morning.   It appears that the Commission has not
strayed far from Judge Wagner's recommendations, which came out of the
settlement conference ordered by FERC.  Highlights include:

In California, refunds/offsets apply only to spot transactions in CAISO and
CalPX, and only as of October 2.

Both public and non-public utilities are subject to refund.

It appears that the refund methodology will be similar to that of the June 19
Order, as refined by Judge Wagner.

Daily spot gas prices will be utilized in the methodology.

A 10% creditworthiness premium will be added.

An evidentiary hearing will be ordered to collect the data needed for the
methodology;  it is our understanding that the CAISO will have 15 days to
provide certain information and the Judge must certify the record in 45 days.

A separate preliminary evidentiary hearing will be ordered to consider
Pacific Northwest refunds.  It was briefly described as consisting of an
information gathering proceeding of 15 days, followed by an evidentiary
proceeding of 30 days.  The Judge would then have an additional 7 days to
report to the Commission.  An issue will be the definition of "spot"
transaction for the Pac NW, since counsel to the Commission noted that it
could differ from the spot definition for California.

We are awaiting the final order and will update this report as soon as it
issues.

RA


Dear Mr.Lay,
?
Your organization being an  energy and communications company, you would
certainly be operating an email  response center for servicing the client
needs. With growing business needs your  organization would need efficient
and quality services for handling? e-mail  responses. We have a business
proposition to fulfill your business objective  with respect to customer
service from our operations center in  India.
?
Mphasis India has tied up  with Kana software for being primary resellers and
implementation partners for  Kana products in India.We have certified Kana
professionals to implement and  operate Kana response services in our centers
in Pune and  Bangalore.
?
As your current email  management system is based on Kana software we would
like to offer our email  management services for the same.

Our value proposition

Quality of resources: The people we recruit are graduates with good  English
speaking capabilities
Round the clock operations: We offer 24X7X365 operations to facilitate
better turnaround times per business day
Lower cost of operations: Our operating costs are 25-30% lower than
comparable U.S operations
Flexibility: We will adjust our resource allocation to suit your needs  for
peak as well as average volumes
Reporting & monitoring: Archiving of messages and well equipped  monitoring
tools help our clients attain better & consistent service  levels

A brief introduction about us:

M-source is a division of Mphasis-BFL offering remote  services in the area
of, call centers, e-mail processing,  helpdesk, claims processing and backend
operations.

Mphasis Corporation (pronounced "emphasis") which is a technology solutions
and service company was founded in 1998 by Ex-Citibankers from senior
business  and technology positions.

Mphasis has recently agreed to merge with BFL Software. The combined entity
will be called Mphasis-BFL and will have combined staff strength over 1,400.

Mphasis-BFL has seven large facilities located at Mumbai, Bangalore and
Pune.

We are currently implementing a call center for one of the largest banks in
USA

Attached is the presentation giving a brief overview of our  operations?

Regards,
Rajesh  Sarkar

Mphasis India
3rd Floor, SAKAR-10
33, Sassoon  Road
Opposite Jahangir Hospital
Pune 411001, India
?
Phone:  +91-20- 605 1192-95
Fax : +91-20- 6051179
www.mphasis.com
?

 - MsourcE_credentials_Aug2000.ppt


Sorry for the late notice but I was just informed that Jen Fraser has
cancelled her brown bag presentation for today from 12 to 1.


Ted -- see minor changes on the attached.
Try to get them to agree to Texas law.  (Might help to point out that our
interconnect agreement with Calpine as well as any transport agreement will
be governed by Texas law.)
Thanks,
Susan

Ted Chavez
11/14/2000 01:34 PM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: DRAFT Calpine Guarantee

Susan,

 Please review the attached and make any necessary changes.

Thanks,
Ted
x-37952

---------------------- Forwarded by Ted Chavez/GPGFIN/Enron on 11/14/2000
01:21 PM ---------------------------

Michael Thomas <MichaelT@calpine.com> on 11/14/2000 12:32:56 PM
To: "'ted.chavez@enron.com'" <ted.chavez@enron.com>
cc: Gary Eames <geames@calpine.com>, Lisa Reichel <lreichel@calpine.com>

Subject: DRAFT Calpine Guarantee

Ted,

Attached for your review is a DRAFT guarantee from Calpine Corporation for
interruptible transportation service between Transwestern Pipeline Co. and
Calpine Energy Services, L.P.

Can you forward me confirmation of the stand-alone credit ratings of
Transwestern Pipeline Co?

Please let me know if you have any comments or questions.

Thanks,
Michael
ph: 408-792-1107

 <<GUARANTEEtranswesternpipeline.doc>>

 - GUARANTEEtranswesternpipeline.doc


You raise a very interesting question on how EECC and ENA will interface in
the future.

I understand that ENA now has a Technical Support Group (something like
that), and some of the folks are EECC personnel who have transferred to ENA.
I do not know their function or role.

As for the integration of EECC legal comments into a document, I would say
that it would depend on the comment.  Essentially, the deals are ENA deals,
not EECC deals, which means ENA has decision making responsibility.  Also,
ENA is the project sponsor/owner (until sold), and NEPCO is usually the
contractor.  The conflicts arise when NEPCO (usually not EECC on ENA deals)
is asked to wrap certain contracts, so EECC or NEPCO takes a position as a
contractor.  So it is difficult for EECC to act as the owner's engineer and
the EPC contractor.

Another interface issue is that EECC contracts personnel do not typically
involve the EECC lawyers in major equipment contracts until the end of the
negotiation process.  Perhaps this has changed since I left, but that was how
things worked when I was with EECC.

On the finance/deal lawyer front, my question is who deals with the lenders
and their counsel once the financing vehicle is in place?

I'll let you know if I think of anything else.  I suspect Sheila will have
some insight, also.

Kay

From: Catherine Clark/ENRON@enronXgate on 01/19/2001 10:52 AM
To: Roseann Engeldorf/Corp/Enron@ENRON, Kay Mann/Corp/Enron@Enron
cc: Lisa Bills/ENRON@enronXgate

Subject: ENA/EE&CC meeting

Rose and Kay,
Lisa has asked for a meeting between ENA and EE&CC to talk about how both
companies are going to interface now that we are all on the same team.  We
are still in the brainstorming stage, trying to think about the agenda for
the meeting, and what the ENA representatives should say.  I've attached both
an agenda and a first crack at the Project Development Process as we see it.

It would be GREATLY APPRECIATED if you could provide some comments on how you
envision EE&CC and ENA working together on projects, especially how you see
the Legal teams interfacing.  I tried with a few bullet points, but please
feel free to delete, add, amend, rewrite, etc...  I'll fax a synthesized
version of your comments to Lisa at the  end of today.  Thank you in advance
for your suggestions.
-Catherine
x3-9943


> ISO Market Participants:
>
> The ISO advises market participants to follow normal payment procedures as
> specified in the ISO Tariff with respect to invoices due February 22,
> 2001.
>
> The ISO intends to make payments to maintain an equitable distribution of
> November funds received to date.
>
> Phil Leiber
> Dir. Financial Planning & Treasurer
> California ISO
> 916 351-2168
> 916-351-2259 (fax)
>
>
>
>
> -----Original Message-----
> From: Woertz, Byron
> Sent: Tuesday, February 20, 2001 4:50 PM
> To: ISO Market Participants
> Subject: CAISO Notice - Final November Invoices
>
>  ISO Market Participants:
>
>  Final invoices for November 2000 were sent to market participants by
> the ISO on  February 14, 2001. Cash clearing is scheduled for February 22,
> 2001.
>
>  We are reviewing our current procedures, and will advise parties by
> 1pm on Wednesday February 21 of any changes to be implemented with the
> scheduled February 22, 2001 cash clearing.
>
>  Phil Leiber
>  Dir. Financial Planning & Treasurer
>  California ISO
>  916 351-2168
>  916-351-2259 (fax)


After the weekly bidding process is finished, you can complete all
transactions on the website.


This FRIDAY, DECEMBER 8, 2000 (5:00 p.m. CST) is the deadline for deferral
program enrollment.  Following the deadline, no new elections or changes to
existing elections will be accepted.
To learn more about your deferral program opportunities and to enroll for
2001 deferrals, access eHRonline at http://ehronline.enron.com.  (Call the
ISC Help Desk at 713-345-4727 if you need your ID or password to access the
system.)

1. Review the program descriptions (attached to the Election Form) before you
make your elections.
2. If you decide to defer compensation, complete the Election Form before
Friday, December 8,  2000, 5:00 p.m. CST (the enrollment deadline).
3. Print your 2001 Election Form and Confirmation Statement right from the
web site and you,re   finished!

DEFERRAL ENROLLMENT 2001--ADDED VALUE FOR YOUR FUTURE


Thanks

I am not quite there I am afraid. Are you saying that the folks outside NY
and London have no autonomy and are merely acting on trading instructions
issued by the London or NY trading desks ? If that is the case:

Why don't NY and London do the deals themselves and let the locals
concentrate on generating business ?
There should be no "Chicago Book" (SCRP) for example
That conflicts with the "envelope" which you mention, which appears to be a
delegated trading authority, in which case we are back to "square one" it
would appear.

Help me out.

DP

To: David Port/Market Risk/Corp/Enron@ENRON
cc: Bjorn Hagelmann/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Mike Jordan/LON/ECT@ECT,
Robert Soeldner/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT, Marcelo
Parra/NYC/MGUSA@MGUSA, Tim Poullain-Patterson/LON/ECT@ECT

Subject: Re: Authorised Traders : Montreal & Chicago

David

The set-up for the financial trading is similiar except that the instructions
are relaid by e-mail each night to New York and Tokyo.  Tim Pateman
(authorised trader in London) sends details of positions and instructions on
prices / volumes.

The mail provide directions on pricing (off set basis on EOL) and volumes,
creating an envelope in which they can trade.
They  must call for further instructions if the price shifts by more than $10
($100 for Tin & Nickel)  or the position by more than 100 lots.

Regards
Andy

Tim Poullain-Patterson
09/11/2000 15:27
To: David Port/Market Risk/Corp/Enron@ENRON
cc: Andrew Cornfield/LON/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Sally
Beck/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Mike
Jordan/LON/ECT@ECT, Robert Soeldner/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT,
Marcelo Parra/NYC/MGUSA@MGUSA

Subject: Re: Authorised Traders : Montreal & Chicago

David,

The business model you outline is actually the one we are implementing with
one big difference - the Head Trader in London (Sam Hainsworth) calls the
sales person each day to tell him what to do before they speak to any
customers. As you point out, these conversations are recorded so if the sales
person does anything other than what is agreed at the outset of each day,
then they will be red carded.

I refer you back to the memo supplementing the updated list of authorised
traders that I sent out and which Marcelo and Sam have discussed with
Commercial staff in both these offices (Shona and Bjorn have this memo), as
well as Marcelo's operational plan.

Clarification point - when Andy says "internally" he means that Commercial
(Rob Soeldner) is taking a lead in resolving Joe Robertson's concerns.

Regards,
Tim

From:  David Port @ ENRON
        09/11/2000 13:52

To: Andrew Cornfield/LON/ECT@ECT
cc: Bjorn Hagelmann/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Mike Jordan/LON/ECT@ECT,
Robert Soeldner/LON/ECT@ECT, Tim Poullain-Patterson/LON/ECT@ECT, Lloyd
Fleming/LON/ECT@ECT

Subject: Re: Authorised Traders : Montreal & Chicago

How about this for a business model for an origination and trading outfit.

salesperson talks to customer
customer agrees to trade
salesperson phones trading desk and gets price (trading desk is London or NY
- NB: all lines are taped)
salesperson tell customer
customers says ok
salesperson says "done" to customer and trading desk
trading desk books deal, middle and back office processes kicks in, sends out
and chases up confirm etc
accounting process identifies value added by salesperson and gives them a
piece of the price as a credit
no bank accounts or signing authority in sales office
no accountants, middle office people or other similar humans in the sales
office, just sales people
all hedging and risk taking resident in trading books in NY or London

Can we not make this work ?
DP

To: Bjorn Hagelmann/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Shona
Wilson/NA/Enron@Enron, David Port/Market Risk/Corp/Enron@ENRON, Mike
Jordan/LON/ECT@ECT, Robert Soeldner/LON/ECT@ECT, Tim
Poullain-Patterson/LON/ECT@ECT

Subject: Re: Authorised Traders : Montreal & Chicago

Bjorn

As discussed, given Joe's comments below, a note to confirm that this being
dealt with internally.

Rob Soeldner has made it clear to Joe that:

Enron places great importance on trading controls. These are non-negotiatable.
The suggested course of action is not an option
We aren't seeking to close any of the Agency offices given implemetation of
these controls.

Joe is not in yet - Rob will be discussing with him further when the US gets
in.

Of note - Joe is on the commercial side,  Marcelo Parra who is responsible
for the operational side is fully onboard for the operational changes made.

Regards
Andy

---------------------- Forwarded by Andrew Cornfield/LON/ECT on 09/11/2000
11:07 ---------------------------

Joe Robertson@MGUSA
08/11/2000 20:38
To: Tim Poullain-Patterson/LON/ECT@ECT
cc: Andrew Cornfield/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT, Marcelo
Parra/NYC/MGUSA@MGUSA, Michael Farmer/EU/Enron@ENRON@ECT, Naomi
Connell/LON/ECT@ECT, Robert Soeldner/LON/ECT@ECT, Sam
Hainsworth/EU/Enron@Enron@ECT

Subject: Re: Authorized Traders : Montreal & Chicago

As a practical matter the procedures outlined are not workable. We need to
find a way to go forward that works and can satisfy all concerned.

Either the people in these offices can be entrusted to transact and execute
business or we should consider closing these offices and relocating some of
the people which I do not believe makes any sense at all.

Joseph E. Robertson, Jr.
Enron Metals & Commodity Corp.
520 Madison Avenue
28th Floor
New York, NY 10022
Tel: 212.715.5254
Fax: 212.715-2357
E-mail: joe.robertson@enron.com


I'll send the blackline when I get it.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/03/2000 04:44
PM ---------------------------

"FAYE STEDMAN" <STEDF@andrews-kurth.com> on 11/03/2000 04:30:13 PM
To: <kay.mann@enron.com>
cc: "Chris Cobb" <COBBC@andrews-kurth.com>, "PAUL PIPITONE"
<PIPIP@andrews-kurth.com>, "PETER THOMPSON" <THOMP@andrews-kurth.com>

Subject: GE Turbine Form Facility Agreement

At the request of Peter Thompson I have attached the most recent draft of the
GE Turbine Form Facility Agreement for your review.  I apologize for the
delay in getting this document to you.

The blacklines will be forthcoming shortly.

Thank you.

 - 554888_5.doc


Your approval is needed for the following new product type in Datamanager.
Please see the steps for approval below.

Thanks,

CW
3-7533

US PlasticRGC3 Phy Fwd

A Transaction with Enron Petrochemicals Company, a division of Enron Liquid
Fuels, Inc., under which the Seller shall sell and the Buyer shall purchase,
at the Delivery Location specified below and at the specified
quantity/tolerance, quality and price, a stream of  refinery grade
propylene.  The stream shall include: refinery grade propylene with minimum
purity 65% propylene, a maximum of 2% butanes and heavier, a maximum of 1%
ethanes and lighter, a maximum of 10 ppm of sulfur, 1 copper strip test, with
propane as the remaining balance (the &Stream8). The quantity shall be the
volume submitted by Counterparty via the Website.

The term of the Transaction shall correspond to the date(s) set forth in the
Product description on the Website.

The transaction is for delivery via scheduled pipeline to Dynegy Storage,
Mont Belvieu, Texas.  Title to and risk of loss of the product shall pass to
Buyer when the product enters the receiving inlet valve of the storage well.
The price  shall be determined as follows: (a) the price for contained
Propylene shall be the price submitted by Counterparty via the Website, and
(b) the price for all other components shall be the 'Avg' price for Liquefied
Propane Gas published in the table entitled 'Mont Belvieu Spot Gas Liquids
Prices' under the heading 'Non-TET Propane:  Any Current Month in the issue
of Oil Price Information Service ('OPIS') that reports prices effective for
each month during the term of the Transaction.

The price is quoted in cents (US) per unit of measure which will be the
Contractual Currency.  The volume quoted on the Website is in barrels for the
entire Stream.

The unit of measure against which the price is quoted for the entire Stream
shall be as follows: (a) contained propylene shall be quoted in cents per
pound (lb) and (b) all other components shall be quoted in cents per gallon
(gal) as specified in the OPIS publication described above.

STEPS FOR APPROVAL:

click the  START button
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD
click the Enron Online Production Cluster "START" button
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up
TO APPROVE:  Right mouse click on "Approved"


Also, the PG&E filing that incorporates rates, Gas Accord, etc....
 -----Original Message-----
From: 	Miller, Stephanie
Sent:	Tuesday, August 28, 2001 1:46 PM
To:	Dasovich, Jeff
Subject:	wild goose PUC filing

any luck on getting a copy?


---------------------- Forwarded by John Arnold/HOU/ECT on 09/25/2000 04:50
PM ---------------------------

"Zerilli, Frank" <fzerilli@POWERMERCHANTS.COM> on 09/21/2000 02:46:05 PM
To: "Christine Zerilli (E-mail)" <Christine_Zerilli@lotus.com>, "David
D'alessandro (E-mail)" <DDALESSA@SEMPRATRADING.COM>, "Eric Carlstrom
(E-mail)" <Eric_Carlstrom@ars.aon.com>, "Eric Carlstrom (E-mail 2)"
<ecarlst@aol.com>, "Jason D'alessandro (E-mail)" <jsd77@altavista.com>,
"Jeannine & Rob Votruba (E-mail)" <votruba@worldnet.att.net>, "josh Faber
(E-mail)" <joshfaber@hotmail.com>, "Karen Brennan (E-mail)"
<karencri@aol.com>, "Lew G. Williams (E-mail)" <Lew_G._Williams@aep.com>,
"Lew G. Williams (E-mail 2)" <bak2texas@msn.com>, "Mark Creem (E-mail)"
<mcreem@aol.com>, "Mom & Dad Zerilli (E-mail)" <mzerilli@optonline.net>, "Pat
Creem (E-mail)" <pcreem@hotmail.com>, "Robert Votruba (E-mail)"
<RVotruba@EliasPress.com>, "Sean Jacobs (E-mail)" <jakey@peoplepc.com>,
"Sharon C. Zerilli (E-mail)" <szerilli@optonline.net>, "Stacey & Dave Hoey
(E-mail)" <sah51099@cs.com>, "'jarnold@enron.com'" <jarnold@enron.com>
cc:
Subject: FW: The today show!!!!!

You should be able to view this with Windows Media Player.  Keep your
eyes
peeled.

Chris

> use care
>
>  Uncut version of today show
>
>
>  <<flash4.asf>>

 - flash4.asf


I would like Joe Casas (currently East logistics) to participate in the
interview process.
---------------------- Forwarded by Scott Neal/HOU/ECT on 05/08/2001 01:34 PM
---------------------------
From: John J Lavorato/ENRON@enronXgate on 05/02/2001 04:36 PM
To: Phillip K Allen/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Berney C
Aucoin/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Chris
Gaskill/ENRON@enronXgate, Doug Gilbert-Smith/Corp/Enron@ENRON, Mike
Grigsby/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, Louise Kitchen/LON/ECT@ECT,
John J Lavorato/ENRON@enronXgate, Thomas A Martin/ENRON@enronXgate, Ed
McMichael/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT,
Jim Schwieger/ENRON@enronXgate, Hunter S Shively/ENRON@enronXgate, Fletcher J
Sturm/HOU/ECT@ECT, Martin Thomas/Enron@EUEnronXgate, Lloyd Will/HOU/ECT@ECT
cc: Karen Buckley/LON/ECT@ECT, Neil Davies/ENRON@enronXgate
Subject:

We were thinking of having another interview session for the Trading Tract
later this month.   I've been screening outside resumes but internally we
haven't received many suggestions from each of you about other people already
at Enron.  If you think anyone could qualify send the name to Karen Buckley.
If we don't have enough candidates, we will wait until the new analysts and
associates arrive and do a session then.

Lavo


Dear Amazon.com Customer,

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Amazon.com Holiday Team

We hope you enjoyed receiving this message. However, if you'd rather
not receive future e-mails of this sort from Amazon.com, please
visit the Help page named Updating Subscriptions and Communication
Preferences through the link below, then click the Customer
Communication Preferences link.

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Please note that this message was sent to the following e-mail
address:

harry.arora@enron.com


---------------------- Forwarded by Scott Neal/HOU/ECT on 10/09/2000 11:08 AM
---------------------------

<butch@watsonmoving.com> on 10/09/2000 06:43:25 AM
To: <DBennyDad@aol.com>, <DBennyDad@aol.com>, <BBURGE@FLASH.NET>,
<butch@watsonmoving.com>, <KbutchW@aol.com>, <jdaghorn@aol.com>,
<digiman28@aol.com>, <Catho928@aol.com>, <Mrreemus@aol.com>,
<murphyg@mercersales.com>, <EGwydir@aol.com>, <robin99tim@yahoo.com>,
<kingb@nuevoenergy.com>, <peggy01@ev1.net>, <kay_mitchell@hotmail.com>,
<sneal@enron.com>, <tdpatton00@yahoo.com>, <aharrison@aglife.com>,
<rkgbh@aol.com>
cc:
Subject: Cold Wet Weather Comfort

Dear Wildca t Players and  Parents:

In planning for this Tuesday's game, it could  be damp and cold.
Therefore, in order to maximize the comfort of our players, I would
suggest:

1)  have a tight fitting leather or imitation leather glove (Jacob will be
using
    his baseball gloves).  The key is " tight and thin".

2) Extra (Thin) layer of clothing under uniform (Thermals work well). The
    Key is "tight and  thin layer".

3) Large oversize (cheap)  pancho - cut open in the front. The key is
"oversized"
   and easy on/off.

See you at practice tonight!
Go Wildcats!

Coach Butcher


Start Date: 1/20/02; HourAhead hour: 23;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012023.txt
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


Robert,

Here are the machines I've logged on.

1.  The computer to the left of my desk, 3275d.

2.  Both of my machines.

3.  Both of Rock's machines, 3275f.

4.  Gabriel's computer, 3275g.

Thanks,
Robin


Nancy, I suggest we take the Four Seasons option.  Jim

Nancy Brazzil <NBrazzil@mail.law.utexas.edu> on 12/12/2000 02:30:33 PM
To: james.derrick@enron.com
cc:

Subject: spring meeting

it doesn't look like there is a strong preference of where we hold the
meeting.  i was thinking that if we did have the meeting at the four
seasons, we could go with carrin's idea of having a party that evening --
possibly margaritas on sixth street?  just an idea.


FYI

Vince

P.S.  Rita, Please, cc Shirley on all my msgs.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/10/2001
05:11 PM ---------------------------

	Enron North America Corp.

	From:  Rita Hennessy @ ENRON                           01/10/2001 11:37 AM

To: James Hachen/NA/Enron@Enron, Vince J Kaminski/HOU/ECT@ECT, Osman
Sezgen/HOU/EES@EES, Tanya .Tamarchenko@enron.com, David.Roberts@enron.com,
lpederse@enron.com, Naveen Andrews/Corp/Enron@ENRON, Vladimir
Gorny/HOU/ECT@ECT, David Port/Market Risk/Corp/Enron@ENRON, Sheila
Pardo/HOU/EES@EES
cc: Araceli Romero/NA/Enron@Enron
Subject: Re-Schedule - Meeting - EAM VaR

NOTE: The day and time has changed.

Please put the following meeting on your calendars: NOTE: The day and time
has changed

Subject: EAM VaR
Date:  Wednesday, January 17, 2001
Time:  1:00pm - 2:00pm
Place:  EB2868

Thanks,
Rita
33075

	From:  Rita Hennessy                           01/09/2001 10:59 AM

To: Sheila Pardo/HOU/EES@EES
cc:

Subject: Meeting - EAM VaR

---------------------- Forwarded by Rita Hennessy/NA/Enron on 01/09/2001
10:58 AM ---------------------------

	From:  Rita Hennessy                           01/09/2001 10:50 AM

To: Tanya.Tamarchenko@enron.com, David.Roberts@enron.com
cc:

Subject: Meeting - EAM VaR

---------------------- Forwarded by Rita Hennessy/NA/Enron on 01/09/2001
10:48 AM ---------------------------

	From:  Rita Hennessy                           01/09/2001 10:33 AM

To: James Hachen/NA/Enron@Enron, Vince J Kaminski/HOU/ECT@ECT, Osman
Sezgen/HOU/EES@EES, Tanya .Tamarchenko@enron.com, David.Roberts@enron.com,
lpederse@enron.com, Naveen Andrews/Corp/Enron@ENRON, Vladimir
Gorny/HOU/ECT@ECT, David Port/Market Risk/Corp/Enron@ENRON
cc: Araceli Romero/NA/Enron@Enron

Subject: Meeting - EAM VaR

Please put the following meeting on your calendars:

Subject: EAM VaR
Date:  Tuesday, January 16, 2001
Time:  9:00am - 10:00am
Place:  EB2868

Please advise if there is a conflict.

Thanks,
Rita
33075


[IMAGE]

   Special Alert :  ICM TELECOMMUNICATIONS   (OTCBB: ICMH)  [IMAGE]  ICM BREAKS THE PRICE BARRIER WITH UNLIMITED USAGE ON ITS FLAT - RATE CALLING CARDS    FORECASTS $83 MILLION FOR 2002  Phoenix-based ICM Telecommunications, Inc. (ICMH-NQB) has broken the price barrier, having just announced and published its unprecedented unlimited Flat Rate Program for home and business.  The industry has just gotten a major "wake-up" call from this little-known Arizona dynamo!    The new Flat Rate Program allows unlimited long distance calls each month within the continental United States, twenty-four hours a day, seven days a week.  The cost for this service, a phenomenal value, is under $45 per month.  Company management is projecting gross sales for the current year 2002 at $83 million, which will be up significantly from 2001 for ICM Telecommunications (ICMH).  Mr. Doug Hamby, CEO of ICM Telecommunications (ICMH), stated, "We are very excited to be able to offer this kind of service.  New software and hardware technologies have come a long way in the past year, which makes it possible to provide a full service, unlimited long-distance program at these rates.  We anticipate very rapid expansion of our program as people take advantage of this money-saving service."   In addition to Mr Hamby, Mr. Dennis Sullivan has recently joined ICM as President and COO (Chief Operating Officer).  His expertise is in creation and implementation of sales and marketing plans, as well as structuring internal operations for acquisition.  Prior to joining ICMH, Sullivan was Senior Sales & Marketing Manager for Bell South Corporation in Honolulu, Hawaii  ICM Telecommunications is a specialized telecommunications company.  ICM's newly announced, unlimited flat rate program for residential and business has an almost unlimited potential for growth.  Utilizing the new flat rate program, the company is diligently pursuing the pre-paid unlimited phone card business, and has projected significant revenues and earnings from this source.  To be removed from future mailings, please reply to this email with "Remove" in the subject line  DISCLAIMER:  Statements contained in this release which are not historical facts may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment.  We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.  To be removed from future mailings, please reply to this email with "Remove" in the subject line


o.k. Thanks

   Kate Symes @ ECT                04/09/2001 04:37 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 4/9 Checkout Con't

Sean has COB in his trade log. He originally had Mid-C, then crossed it out.
Sounds like Amerex just hasn't updated their website with the change.

Evelyn Metoyer@ENRON
04/09/2001 02:35 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 4/9 Checkout Con't

Amerex West

deal 576348
Sean Crandall
Amerex confirmed deal as COB however, their web checkout has Mid-C.  Can you
please reconfirm the delivery point with Sean.

Thanks


---------------------- Forwarded by Darron C Giron/HOU/ECT on 03/27/2001
09:26 AM ---------------------------
From: Veronica Espinoza/ENRON@enronXgate on 03/27/2001 08:25 AM
To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek
Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT,
Patricia Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Julie
Brewer/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate, Celeste
Cisneros/NA/Enron@Enron, Sharon Crawford/CAL/ECT@ECT, Richard
Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy
Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica
Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron
cc:
Subject: Credit Report--3/27/01


Glen, I'm faxing you Transwestern's signature page and declaration.  An
electronic version of the declaration is attached.


Is it bad?
--------------------------
Sent from my BlackBerry Wireless Handheld


As a follow-up to my email regarding the execution of the 12/29/00 ISDA
Master Agreement between Deutsche Bank AG and Enron North America Corp.,
please be further advised:

Effective 6/4/99, Bankers Trust Company was acquired by Deutsche Bank AG.
All financial trading should now be transacted under the above Deutsche Bank
ISDA Master Agreement.  No further financial trading should be done in the
name of Bankers Trust Company, and the 4/16/91 ISDA Interest Rate and
Currency Exchange Agreement with Bankers Trust Company should be inactivated.

All outstanding Bankers Trust Company financial trades were assigned to
Deutsche Bank AG in the ISDA Master Agreement, and all the Bankers Trust
Company trades should be moved to Deutsche Bank.


Attached are the updated monthly litigation reports for Enron Global Assets,
Enron Engineering and Operational Services, Enron Americas and Enron Global
Markets.  Please let me know if you have any questions.  Thank you.


Time		Event					Presenter

7:30		Breakfast
8:30		EES Initiatives in Europe	Ron Bertasi
9:10		Closing Remarks			Mike Miller
9:30		Enron Tour
12:00		Golf at Tour 18

Bus departs hotel for Tour 18 at 10:45 am - box lunch provided
Bus depatts Tour 18 for IAH at 5:30 pm
Non-golfers - bus departs hotel for IAH at 10:45


98-6892 has a spill-over of 15 decatherms for 5/24/2000.  Can you please
extend deal ticket 274443 for cover this?

Thank
-Jackie-
3-9497


Gary,

Just a reminder concerning follow-up with The Weather Channel and Energizer
Holdings regarding potential hurricane derivatives.

Additionally, I found the following link which describes Ray-O-Vac's recent
earnings warning.  Among other things, they mention that they had tough
comparisons due to an active storm season the year before.  I believe they
are referencing hurricanes and represent another potential opportunity in my
opinion.

http://dailynews.yahoo.com/h/nm/20001219/bs/rayovac_outlook_dc_1.html

One more thing, as I mentioned in our conversation, I believe that The
Weather Channel is an ideal candidate for approaching concerning hedging
against a lack of extreme weather of all kinds.  I know that they are
financially "not doing so well" at present due in some part to a lack of
hurricane activity and are now enjoying great ratings due to the extreme
cold.  They may be a hard sell but they are as purely exposed as anyone and
should be worth the effort, especially after the recent story they did on us.

Please let me know how I may be of assistance.

Thanks,

Charlie


Here's the override letter for the ESA deal, with the new assignment language
added:

I want to point out that I included the language from the end of the section.

KY


Please do this asap for your books.  I will check victor's books. Thanks.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/09/2001
09:10 AM ---------------------------

	From:  Larry Joe Hunter                           02/09/2001 08:50 AM

To: Kam Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, Darron C
Giron/HOU/ECT@ECT
cc: Ellen Wallumrod/NA/Enron@ENRON, Richard Deming/NA/Enron@Enron
Subject: CoEnergy Trading Company

Please forward to Ellen Wallumrod the MTM valuation(mini-book) for all
CoEnergy Trading Company deals as of Dec 31, 2000.  If you can export into
excel and forward by e-mail, that would be appreciated.

Thanks,
Joe


Shonnie and Gerald - Here are the most recent structures that have been
okayed by A&K as well. Please give me a call if you have any further
questions.

Sincerely,
Katie


To all:

Attached for your review and comment are forms of the initial notice letter,
assignment and assumption agreement and bill of sale that we intend to
deliver this Friday for a closing the next Friday on April 27.  In addition,
please note that Rose and I are still coordinating the preparation of the
Prepayment Notice as well as the UCC-3s.  Please call or email me with any
comments or questions that you may have and thank you in advance for your
attention to this matter.

Carlos Sole'
Senior Counsel
Enron North America Corp.
1400 Smith Street
Houston, Texas 77002-7361

(713) 345-8191 (phone)
713 646-3393 (fax)