Attached is a draft of the mark to market language per your discussion with
Barry.  Please review and contact Barry directly to discuss.

Barry's numbers
(713) 667-9956 Home
(713) 302-6442 Cell


Mike, as we discussed yesterday, please get a copy of the following exhibits
to the "Happy Trails" application in Docket No. CP99-163-000:

Exhibit K - Cost of facilities

Exhibit N - Revenues, expenses, income

Exhibit O - Depreciation and depletion

Please send them directly to Lorraine Lindberg at EB4150G.  If you have any
questions she can be reached at 713-853-5403.  Or -- I'll be here the rest of
the day today.

Thank you!


Just a quick note of appreciation for your help in arranging for Enron to
donate $5,000 to the captioned event.  TIRR is a great organization working
for a great cause, and we really appreciate Enron's support!

Evans


Greg:

My name is Brian Skruch with RedDot Solutions.  RedDot provides software
that enables business users to simply maintain their web site by
"clicking on the red dot".  RedDot helps organizations manage and
publish their Web or Intranet content to avoid Webmaster bottlenecks,
inappropriate or costly errors, user frustration etc.  In addition, we
enable content contributors to add, modify, and specify appearance
schedules for Web content without requiring any specific technical
skills such as HTML.

*) To see a product demonstration, please follow this link:
http://www.RedDotSolutions.com/flash

*) For general information on our product, please follow this link:
http://www.reddotsolutions.com/products.html

Please let me know if you would like further information, or if you
would like to setup a meeting to review RedDot in action directly with
your own Enron Corp website.

Thanks,

Brian

- - - - - - - - - - - - - - - - - - - - - - - - - -
Brian Skruch
Account Manager
RedDot Solutions
972-381-0906 office
214-850-2059 cell
214-722-0427 fax
brian.skruch@reddotsolutions.com
www.reddotsolutions.com

greg.whalley@enron.com


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/06/2001 02:13 PM -----

	"US Publishing" <brice@restructuringtoday.com>
	06/06/2001 04:40 PM
	Please respond to brice

		 To: "RT Reader" <brice@restructuringtoday.com>
		 cc:
		 Subject: Restructuring Today, Wednesday June 6, 2001

(see attached file:  rt010606.pdf)

Thank you,

Season Hawksley
US Publishing
800-486-820

 - rt010606.pdf


Vince,

It never hurts ( or rarely, anyway) to follow up on things.  i met with him
on Saturday.  It will be interesting to see what he does.  I didn't empower
him to do anything on our behalf and basically just stated what I wouldn't
mind him repeating.

Thanks,
Rebecca

 -----Original Message-----
From:  Kaminski, Vince
Sent: Friday, March 09, 2001 9:03 AM
To: Rebecca McDonald/ENRON_DEVELOPMENT@ENRON
Cc: Kaminski, Vince
Subject: Mr. Sud
Importance: High
Sensitivity: Confidential

Rebecca,

I share some of your concerns regarding Mr. Sud. He is retired and he chose
to contact us rather indirectly (or on the spur of the moment).
I understand  that things are done differently in different cultures but I
did not meet him and could not
form my judgment based on personal observations.

However, the information  he gave us seems to be too important not to convey
to you and not to act upon.

Vince Kaminski


i still owe you $30 right?


Hi Dave,

I was wondering if you have had a chance to look over the draft facility
agreement? We would like to make some progress on the form this week.  In
fact, you may hear (or have heard) directly from Dale Rasmussen, who is an
Enron lawyer supporting one of the projects at issue.

There are also some change order type changes which need to be captured in
words and made a part of the individual facility agreements, or integrated as
changes to these agreements.

Thanks for your assistance,

Kay


As you are all probably aware, FERC staff will be conducting a visit to Enron
next Monday to discuss EOL and electronic trading's role in the energy
markets.   Dave Forester, Kevin Presto, and Phillip Allen will be giving
presentations about the EOL platform, power trading, and gas trading,
respectively.

In preparing for the meetings, the issue of which agency, CFTC or FERC,
regulates the EOL platform and any energy related financial products sold by
Enron (everyone agreed that physical deals through EOL were FERC
jurisdictional) came up.

It is unclear about Enron's current position.  While there is a strong case
that both the EOL platform and any energy related financial products are
regulated by the CFTC, some people believed that Enron had previously
informed FERC that they were the "appropriate" agency for the energy related
financial products.

We do not intend to make an issue of this topic with the FERC staff on
Monday, but rather wanted to make sure that everyone was on the same page
going forward.

Please let me know if we need to have a meeting to bring this to closure.

Jim


ENA,s first quarter performance has been outstanding which has been achieved
by the exceptional talent and hard work of all ENA employees.  ENA,s ability
to quickly move people to new business ventures and market opportunities,
such as Enron Net Works, reinforces the depth of talent in ENA, our continued
commitment to encourage innovation and creativity in all things we do and our
enthusiasm to support people in pursuing new ideas.

Accordingly, following the recently announced launch of Enron Net Works and
the associated personnel movements, we are pleased to announce the following
changes within ENA effective immediately.

John Lavorato will be relocating from Calgary to Houston to oversee all ENA
risk management and trading activities and will report to the Office of the
Chairman.  John will have direct responsibility for all natural gas, power,
emissions, equities and rates trading. As well, John will have direct
responsibility for the risk management and trading functions within the Pulp
& Paper, Coal and Global Risk (weather and insurance) businesses.  Otherwise,
the Pulp & Paper, Coal and Global Risk businesses will report to the Office
of the Chairman.  Following John,s departure from Canada, we have asked Rob
Milnthorp to be the President of Enron Canada.

Following the departure of Greg Piper, the Industrial Origination team will
be co-headed by Jim Ajello, Rodney Malcolm and Edward Ondarza who will report
to the Office of the Chairman.  Jim, Rodney and Edward will work as a team to
ensure the continued growth of ENA,s large industrial capability.
Notwithstanding their joint accountability, each will have a distinct focus
and responsibility within the industrial group.  Jim Ajello will focus on the
coverage and marketing efforts for all industrial segments except pulp and
paper.  Edward Ondarza will focus on our market making, coverage and
marketing efforts in the pulp and paper industry.  Rodney Malcolm will focus
on product development, structuring and execution functions for all
industrial segments.

We have asked Jeff Donahue to oversee all ENA Corporate Development and
Principal Investing activities and will report to the Office of the
Chairman.  Corporate Development will continue to seek strategic acquisition
opportunities in existing and new businesses.  The Principal Investing group
will continue to focus on equity and venture capital syle investments in high
growth business lines which are directly related to ENA,s core businesses or
are significantly influenced by trends related to our business.  Given this
change, Ray Bowen will be solely responsible for the management of ENA,s
Commercial Transactions (CTG) Group.

With the departure of Ron Slimp to EBS, Scott Tholan will be managing our
Competitive Analysis and Reporting Group and will report to John Lavorato.

Please join us in congratulating all of the individuals in their new roles
and responsibilities.


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 12/07/2000
09:08 AM ---------------------------

Jeff Richter
12/07/2000 06:31 AM
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: DJ Cal-ISO Pays $10M To Avoid Rolling Blackouts Wed -Sources, DJ
Calif ISO, PUC Inspect Off-line Duke South Bay Pwr Plant, DJ Calif Regula
tors Visit AES,Dynegy Off-Line Power Plants

---------------------- Forwarded by Jeff Richter/HOU/ECT on 12/07/2000 08:38
AM ---------------------------

Carla Hoffman
12/07/2000 06:19 AM
To: Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Jeff
Richter/HOU/ECT@ECT, Phillip Platter/HOU/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT,
Diana Scholtes/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Matt
Motley/PDX/ECT@ECT, Mark Guzman/PDX/ECT@ECT, Tom Alonso/PDX/ECT@ECT, Mark
Fischer/PDX/ECT@ECT, Monica Lande/PDX/ECT@ECT
cc:
Subject: DJ Cal-ISO Pays $10M To Avoid Rolling Blackouts Wed -Sources, DJ
Calif ISO, PUC Inspect Off-line Duke South Bay Pwr Plant, DJ Calif Regula
tors Visit AES,Dynegy Off-Line Power Plants

---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/07/2000 06:29
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     12/07/2000 06:11 AM

To: undisclosed-recipients:;
cc:
Subject: DJ Cal-ISO Pays $10M To Avoid Rolling Blackouts Wed -Sources, DJ
Calif ISO, PUC Inspect Off-line Duke South Bay Pwr Plant, DJ Calif Regula
tors Visit AES,Dynegy Off-Line Power Plants

13:18 GMT 7 December 2000 DJ Cal-ISO Pays $10M To Avoid Rolling Blackouts
Wed -Sources
(This article was originally published Wednesday)
LOS ANGELES (Dow Jones)--The California Independent System Operator paid
about $10 million Wednesday for 1,000 megawatts of power from Powerex and
still faced a massive deficit that threatened electricity reliability in the
state, high-ranking market sources familiar with the ISO's operation told
Dow Jones Newswires.
But the ISO fell short of ordering rolling blackouts Wednesday for the third
consecutive day.
The ISO wouldn't comment on the transactions, saying it is sensitive market
information. But sources said Powerex, a subsidiary of British Columbia
Hydro & Power Authority (X.BCH), is the only energy company in the Northwest
region with an abundant supply of electricity to spare and the ISO paid
about $900 a megawatt-hour from the early afternoon through the evening.
But that still wasn't enough juice.
The Los Angeles Department of Water and Power sold the ISO 1,200 megawatts
of power later in the day at the wholesale electricity price cap rate of
$250/MWh. The LADWP, which is not governed by the ISO, needs 3,800 megawatts
of power to serve its customers. It is free sell power instate above the
$250/MWh price cap.
The LADWP has been very vocal about the amount of power it has to spare. The
municipal utility has also reaped huge profits by selling its excess power
into the grid when supply is tight and prices are high. However, the LADWP
is named as a defendant in a civil lawsuit alleging price gouging. The suit
claims the LADWP sells some of its power it gets from the federal Bonneville
Power Administration, which sells hydropower at cheap rates, back into the
market at prices 10 times higher.
Powerex officials wouldn't comment on the ISO power sale, saying all
transactions are proprietary. But the company also sold the ISO 1,000
megawatts Tuesday - minutes before the ISO was to declare rolling blackouts
- for $1,100 a megawatt-hour, market sources said.
The ISO, whose main job is to keep electricity flowing throughout the state
no matter what the cost, started the day with a stage-two power emergency,
which means its operating reserves fell to less than 5%. The ISO is having
to compete with investor-owned utilities in the Northwest that are willing
to pay higher prices for power in a region where there are no price caps.
The ISO warned federal regulators, generators and utilities Wednesday during
a conference call that it would call a stage-three power emergency
Wednesday, but wouldn't order rolling blackouts. A stage three is declared
when the ISO's operating reserves fall to less than 1.5% and power is
interrupted on a statewide basis to keep the grid from collapsing.
But ISO spokesman Patrick Dorinson said it would call a stage three only as
a means of attracting additional electricity resources.
"In order to line up (more power) we have to be in a dire situation,"
Dorinson said.
Edison International unit (EIX) Southern California Edison, Sempra Energy
unit (SRE) San Diego Gas & Electric, PG&E Corp. (PCG) unit Pacific Gas &
Electric and several municipal utilities in the state will share the cost of
the high-priced power.
SoCal Edison and PG&E are facing a debt of more than $6 billion due to high
wholesale electricity costs. The utilities debt this week could grow by
nearly $1 billion, analysts said. It's still unclear whether retail
customers will be forced to pay for the debt through higher electricity
rates or if companies will absorb the costs.
-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com
(END) Dow Jones Newswires 07-12-00
1318GMT Copyright (c) 2000, Dow Jones & Company Inc
13:17 GMT 7 December 2000 DJ Calif ISO, PUC Inspect Off-line Duke South Bay
Pwr Plant
(This article was originally published Wednesday)
LOS ANGELES (Dow Jones)--Representatives of the California Independent
System Operator and Public Utilities Commission inspected Duke Energy
Corp.'s (DUK) off-line 700-MW South Bay Power Plant in Chula Vista, Calif.,
Wednesday morning, a Duke spokesman said.
The ISO and PUC have been inspecting all off-line power plants in the state
since Tuesday evening to verify that those plants are shut down for the
reasons generators say they are, ISO spokesman Pat Dorinson said.
About 11,000 MW of power has been off the state's power grid since Monday,
7,000 MW of which is off-line for unplanned maintenance, according to the
ISO.
The ISO manages grid reliability.
As previously reported, the ISO told utilities and the Federal Energy
Regulatory Commission Wednesday that it would call a stage three power alert
at 5 PM PST (0100 GMT Thursday), meaning power reserves in the state would
dip below 1.5% and rolling blackouts could be implemented to avoid grid
collapse. However, the ISO said the action wouldn't result in rolling
blackouts.
The ISO and PUC also inspected Tuesday plants owned by Dynegy Inc (DYN),
Reliant Energy Inc. (REI) and Southern Energy Inc (SOE).
Duke's 1,500-MW Moss Landing plant was also inspected by PUC representatives
in June, when some units were off-line for repairs, the Duke spokesman said.

   -By Jessica Berthold, Dow Jones Newswires; 323-658-3872;
jessica.berthold@dowjones.com

(END) Dow Jones Newswires 07-12-00
1317GMT Copyright (c) 2000, Dow Jones & Company Inc
13:17 GMT 7 December 2000 =DJ Calif Regulators Visit AES,Dynegy Off-Line
Power Plants
(This article was originally published Wednesday)

   By Jessica Berthold
   Of DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--AES Corp. (AES) and Dynegy Inc. (DYN) said
Wednesday that representatives of California power officials had stopped by
some of their power plants to verify that they were off line for legitimate
reasons.
The California Independent System Operator, which manages the state's power
grid and one of its wholesale power markets, and the California Public
Utilities Commission began on-site inspections Tuesday night of all power
plants in the state reporting that unplanned outages have forced shutdowns,
ISO spokesman Pat Dorinson said.
The state has had 11,000 MW off the grid since Monday, 7,000 MW for
unplanned maintenance. The ISO Wednesday called a Stage 2 power emergency
for the third consecutive day, meaning power reserves were below 5% and
customers who agreed to cut power in exchange for reduced rates may be
called on to do so.
As reported earlier, Reliant Energy (REI) and Southern Energy Inc. (SOE)
said they had been visited by representatives of the ISO and PUC Tuesday
evening.
Representatives of the two organizations also visited plants owned by AES
and Dynegy Tuesday evening.
AES told the visitors they couldn't perform an unannounced full inspection
of the company's 450-megawatt Huntington Beach power station until Wednesday
morning, when the plant's full staff would be present, AES spokesman Aaron
Thomas said.
Thomas, as well as an ISO spokesman, didn't know whether the representatives
returned Wednesday for a full inspection.

   AES Units Down Due To Expired Emissions Credits

The Huntington Beach facility and units at two other AES facilities have
used up their nitrogen oxide, or NOx, emission credits. They were taken down
two weeks ago in response to a request by the South Coast Air Quality
Management District to stay off line until emissions controls are deployed,
Thomas said.
AES has about 2,000 MW, or half its maximum output, off line. The entire
Huntington plant is off line, as is 1,500 MW worth of units at its Alamitos
and Redondo Beach plants.
The ISO has asked AES to return its off line plants to operations, but AES
has refused because it is concerned the air quality district will fine the
company $20 million for polluting.
"We'd be happy to put our units back, provided we don't get sued for it,"
Thomas said. "It's not clear to us that the ISO trumps the air quality
district's" authority.
As reported, a spokesman for the air quality district said Tuesday that AES
could have elected to buy more emission credits so that it could run its off
line plants in case of power emergencies, but choose not to do so.

   Dynegy's El Segundo Plant Also Visited By PUC

Dynegy Inc. (DYN) said the PUC visited its 1,200 MW El Segundo plant Tuesday
evening, where two of the four units, about 600 MW worth, were off line
Wednesday.
"I guess our position is, 'Gee, we're sorry you don't believe us, but if you
need to come and take a look for yourself, that's fine,'" said Dynegy
spokesman Lynn Lednicky.
Lednicky said one of the two units was off line for planned maintenance and
the other for unplanned maintenance on boiler feedwater pumps, which could
pose a safety hazard if not repaired.
"We've been doing all we can to get back in service," Lednicky said. "We
even paid to have some specialized equipment expedited."
Lednicky added that the PUC seemed satisfied with Dynegy's explanation of
why its units were off line.
-By Jessica Berthold, Dow Jones Newswires; 323-658-3872,
jessica.berthold@dowjones.com
(END) Dow Jones Newswires 07-12-00
1317GMT Copyright (c) 2000, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.


---------------------- Forwarded by Phillip M Love/HOU/ECT on 04/09/2001
09:43 AM ---------------------------
From: Veronica Espinoza/ENRON@enronXgate on 04/09/2001 09:40 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: Pendings as of 4/9/01


Hi, attached is  draft language:
?

"substantially in the form attached hereto as  Exhibit A, provided that
theLLC  Agreement may differ from such form in such respects (which may or
maynot be substantial, but which shall not affect  the economic rights of
theparties  thereto) as may be necessary or desirable to properly reflect?[
Pegasus as the sole owner] [the treatment] of  the?LLC for?federal income
tax purposes"

?

Please feel free to  call me with any questions.
_____________
Suzanne Pepe
Paul, Hastings, Janofsky & Walker LLP
1055 Washington Blvd.
Stamford, Connecticut 06901
Note New E-Mail suzannepepe@paulhastings.com
Phone: (203) 961-7432
Fax (general):? (203) 359-3031
Fax (dedicated): (203) 674-7632
?


Here you go.

Keoni Almeida
California Independent System Operator
phone: 916/608-7053
pager:  916/814-7352
alpha page:  9169812000.1151268@pagenet.net
e-mail:  <mailto:kalmeida@caiso.com>

> -----Original Message-----
> From:	Almeida, Keoni
> Sent:	Thursday, June 28, 2001 9:39 AM
> To:	Stokley, Chris
> Subject:	FW: CAISO Notification-Unscheduled Demand Penalty
>
> I think this is a good example to go off of.
>
> Keoni Almeida
> California Independent System Operator
> phone: 916/608-7053
> pager:  916/814-7352
> alpha page:  9169812000.1151268@pagenet.net
> e-mail:  <mailto:kalmeida@caiso.com>
>
>
> -----Original Message-----
> From:	CRCommunications
> Sent:	Friday, February 23, 2001 5:03 PM
> To:	ISO Market Participants; SC Settlements Contacts
> Cc:	Gerber, Spence; Shafa, Masoud; ISO Client Relations
> Subject:	CAISO Notification-Unscheduled Demand Penalty
>
>
> The Unscheduled Demand Penalty was ordered by FERC in its December 15,
> 2000 order to be effective on January 1, 2001 Trade Date. The ISO is
> filing a request with FERC to suspend this penalty. Additionally SCE and
> PG&E have jointly filed at FERC requesting suspension of the penalty.
> Until FERC provides direction and clarification, ISO will calculate the
> Unscheduled Demand Penalty charges and credits, but will not include them
> in the settlement statements.  There is no impact to any other charges or
> payments since the penalty and the allocation of the proceeds is self
> contained.
>
> Attached is a description of the Unscheduled Demand Penalty.
>
>  <<Unscheduled Demand Penalty.doc>>
>
>
> CRCommunications
> Client Relations Communications


Attached is a clean version of the Termination of Hawaii Facility
Agreement which was not included in my earlier e-mail.  Also attached
are the Swap Schedules redlined against the form of Swap Schedule.

 - 269109.doc
 - 269109.wpd
 - 269252.doc
 - 269252.wpd
 - 269253.doc
 - 269253.wpd


Hi there,

If you could please help me find the Interruptible Purchase/Sale Agreements (files) for Contour Energy, Keywest Energy Corporation & Kick Energy Corporation I would really appreciate it.

When found, please return them to trading floor reception.

Thank you for your help.

Carlee
ext. 6739


Rick,
 I called Michele Cisneros-Ruch per your request about Montana issues since
Paul Kaufman is out of the office.  She was interested in the possibility of
passage of a set of bills currently in the Montana Legislature dealing with
1) Taxes on Excess Profits for Electric Sales, 2) Wholesale Transaction
Taxes, 3) Regulation of Wholesale Prices.

 I made contact with a friend who consults for PP&L Montana to learn the
status of the bills.  The likelihood is that all the bills will pass and be
sorted out in some kind of super conference committee to arrive at the final
bill.  Montana Power and PP&L Montana are fighting the bills.    PP&L Montana
maintaining that the attempt to regulate wholesale sales is illegal, since
FERC has jurisdiction.  The legislature is not dissuaded by the arguments and
will likely pass anyway and wind up going to Court.  One of the major issues
is the expiration of Montana Power's contract for default retail service from
PP&L Montana.  It expires on June 30, 2002, a few months before the next
election.  They want someone to blame if prices rise (the Republicans that
is) and the Democrats would be happy to blame the Republicans.

 I conveyed this information to Michele by phone.

Steve


fyi
---------------------- Forwarded by Victor Lamadrid/HOU/ECT on 09/06/2000
06:39 PM ---------------------------

Robert Superty
09/05/2000 01:36 PM
To: Edward Terry/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, George
Smith/HOU/ECT@ECT, Patti Sullivan/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT,
Diane H Cook/HOU/ECT@ECT, Donna Greif/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON
cc:
Subject: EOL Deals with Non-performance & Payback

FYI -  Please make sure your teams are all aware of these procedures for EOL
deals.

Tks - Bob
---------------------- Forwarded by Robert Superty/HOU/ECT on 09/05/2000
01:25 PM ---------------------------

From:  Jennifer deBoisblanc Denny
                09/05/2000 11:18 AM

To: Jeffrey C Gossett/HOU/ECT@ECT, William Kelly/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Steve Venturatos/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT
cc: Scott Mills/HOU/ECT@ECT, Elizabeth L Hernandez/HOU/ECT@ECT, Karie
Hastings/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT,
Tara Sweitzer/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Robert
Superty/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron
Subject: EOL Deals with Non-performance & Payback

fyi....this is how EnronOnline deals with non-performance issues will be
handled (see below).
Please discuss with your traders/desk heads, as Bob Superty suggested, to
ensure there aren't any issues with this.
Thanks for your cooperation.
Jennifer
---------------------- Forwarded by Jennifer deBoisblanc Denny/HOU/ECT on
09/05/2000 11:08 AM ---------------------------

Robert Superty
09/01/2000 04:09 PM
To: Edward Terry/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Patti
Sullivan/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON
cc: Jennifer deBoisblanc Denny/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron
Subject: Re: Sitara Deal 377626

Please read Jennifer's note below and let me know how you are currently
dealing with EOL deals that have flow outside the original range of the deal.
The way the Central desk is handling it is the way we want to across all
desks. Basically, the original Sitara deal is adjusted to add the additional
day/days that are agreed to by the traders and the counterparty to meet the
full commitment and comments need to be added to reflect the same.

Jennifer, I suggest letting all involved know that this is the way these will
be handled (traders, desk heads, risk etc.) to ensure the consistency you
mention is achieved. As you can see I'm only reaching a limited audience.

Bob Superty
---------------------- Forwarded by Robert Superty/HOU/ECT on 09/01/2000
03:25 PM ---------------------------

From:  Jennifer deBoisblanc Denny
                09/01/2000 03:23 PM

To: George Smith/HOU/ECT@ECT, Mark L Schrab/HOU/ECT@ECT, Robert
Superty/HOU/ECT@ECT, Bob M Hall/NA/Enron@Enron, Elizabeth L
Hernandez/HOU/ECT@ECT, Karie Hastings/HOU/ECT@ECT, Tara Sweitzer/HOU/ECT@ECT,
Sheri Thomas/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT
cc:
Subject: Re: Sitara Deal 377626

George, thanks for your explanation.

I reviewed the transaction in EnronOnline (#385131) & Sitara (#377626) and
found similar treatment in the following deals for the month of August on the
Central Desk.

Sitara #   EOL#
-----------   -------------
365957   363168
366026   363271
377650   385194
369869   370402

I agree with the way George & his group are handling these non-performance
and payback transactions as far as keeping them
"connected". However, I think it is beneficial to put comments in Sitara as
to what is happenning. As we know,  all EnronOnline deals are FIRM. If trader
agees how to handle this on the phone, it is recorded plus it is documented
in Sitara. I think this is a good audit trail and good record-keeping.

Everyday, Elizabeth is doing a reconciliation that identifies any changes to
EnronOnline transactions. If she read the comments
documenting as above, this "alarm" would be eliminated.

Since we have not seen this on other desks, I wonder how they are handling
non-performances. I think there should consistency
in the downstream systems. Bob, can you find out how East, West, and Texas do
this?

Thanks for your help.
Jennifer

To: Jennifer deBoisblanc Denny/HOU/ECT@ECT
cc: Mark L Schrab/HOU/ECT@ECT, Robert Superty/HOU/ECT@ECT, Bob M
Hall/NA/Enron@Enron, Elizabeth L Hernandez/HOU/ECT@ECT, Karie
Hastings/HOU/ECT@ECT, Tara Sweitzer/HOU/ECT@ECT
Subject: Re: Sitara Deal 377626

These deals are not being "retraded". These are instances where the
counterparty has not performed and trading has made the decision to allow
payback.
The only way we have to schedule that payback is to add an additional day to
the deal. We could create a new ticket but I think this would create a
"disconnect" between the EOL deal and the payback deal. I would appreciate
your thoughts as to how we handle this in future.


EFF_DT PORTFOLIO_ID DOWN95
3/1/01  MANAGEMENT-COAL 0
3/1/01  MANAGEMENT-CRD 0
3/1/01  MANAGEMENT-GAS 920,278
3/1/01  MANAGEMENT-PWR 174,427
3/1/01  AGG-MANAGEMENT 1,051,128


I talked to Peggy and her messages seem to be the same as ours.  Call if you
want to discuss.


Susan: See Angelo's note below.  Please update the DLL to reflect that they are paid in full.  Thanks

 -----Original Message-----
From: 	Miroballi, Angelo
Sent:	Wednesday, March 20, 2002 11:15 AM
To:	Dicarlo, Louis; Shackleton, Sara
Subject:	Select Enery

Louis,

Cynthia says Select Energy sent the funds in question to the wrong bank account (Corp acct).  Cynthia will create a journal entry to clear these items.
Please disregard Select Energy invoices on the AR Redlist Co 364.

Regards,

Angelo


Hi Michelle

Is it possible that I can get you feedback on the below.

Kind regards,

Karen.
 -----

 -----Original Message-----
From: 	Linhart, Gary
Sent:	Wednesday, November 14, 2001 3:40 PM
To:	Buckley, Karen
Subject:	Confidentiality Questions for Legal

Karen,

Thanks for taking the time to discuss the confidentiality agreement pertaining to the ENA Trading Track.  As discussed, I am following up with a couple of questions regarding the contents of the agreement, specifically item 1.2.  From what I gather, the agreement very broadly covers the financial industry and I wanted to list a few scenarios to see if they are included or not included by the agreement.
- Non energy, non commodity based private equity firms
- Non energy-sector coverage within a mutual fund company
- Non derivatives based hedge fund
- Non energy based investment banking
- Equity research in with non-energy or commodity industry coverage

Please let me know for each of the above what is included and excluded.

Regards,

Gary Linhart

 -----Original Message-----
From: 	Buckley, Karen
Sent:	Wednesday, November 14, 2001 9:54 AM
Subject:	Trading Track

Pls call and advise when it is convenient for you to drop by my desk today.

Kind regards,

Karen
x54667


No, no updates.

Vince

From: Paula Corey@ENRON COMMUNICATIONS on 01/30/2001 10:04 AM
To: Vince J Kaminski/HOU/ECT@ECT@ENRON
cc:
Subject: Re: Resume Forwarded at Request of Brian Mihura

I will ask Brian to resend - any word on Steven?


Agreed.

 -----Original Message-----
From: 	Miller, Michael L.
Sent:	Wednesday, May 16, 2001 10:46 AM
To:	Colwell, Wes; Kettler, Kyle
Subject:	RE: Q4 2000 Gains/Losses

Sounds like a plan.  The only potential obstacle would be if timing (completion of latest funding round) necessitates recognition of gain/loss in 2Q 2001.  At this juncture, this does not appear likely, but could still happen.  We'll keep you posted.

MLM

 -----Original Message-----
From: 	Colwell, Wes
Sent:	14 May 2001 16:16
To:	Kettler, Kyle
Cc:	Miller, Michael L.
Subject:	RE: Q4 2000 Gains/Losses

Talked to Lavorato.  He would like to write down Syntroleum, but wait and see what the fundings bring for Dais and EnCorp.  That probably makes the most sense for me on the earnings front and provides some certainty to the valuations of those two.  Call me if you have questions.  Thanks!

Wes

 -----Original Message-----
From: 	Kettler, Kyle
Sent:	Friday, May 11, 2001 1:06 PM
To:	Colwell, Wes
Cc:	Miller, Michael L.
Subject:	Q4 2000 Gains/Losses

Wes,

Per your request.

4Q00 gains are as follows:

Dais Analytic		$  6,850,463
EnCorp			$ 12,107,669
MTC Metering		$  1,060,606
Utiliquest (RASH)	$ 722,735 gross  ($451,79 net to ENA)

1Q01 we took no gains, but we did write down Utiliquest (per a RASH) by $3,597,735 gross ($2,248,584 net to ENA).

Please call if you have any questions (x30423).

Regards,

Kyle Kettler


So timely to receive your email today.  I was just thinking about you this
past weekend, hoping everything was going well.

"Yehuda Cohen" <ycohen@greatbarriersystems.com> on 12/12/2000 10:09:01 AM
To: jeffrey.a.shankman@enron.com
cc:
Subject: Roadwave

Hi Jeff -

Hope all is well with you.  I wanted to send you a graphic depiction
of the Roadwave Glovebox Microwave.

All the best,

Yehuda


Attached is the Second Revised Draft of the bullet point procedures and an
updated
schedule of the volumes that will be transacted for during the October
outage.  The changes
to this schedule and the additional shift of volumes from ANR-OK to ANR-LA
can now be
calculated based on the October posted fuel rates.  I have added the language
that
Larry and I discussed for the weekly report of incremental revenues.  Also, I
felt it was
necessary to Bullet Point #5 under the GSA nomination section to clarify that
a sales of
any extra gas to a third party is not allowed.

Ruth


Western Government Affairs
WEEKLY SCHEDULES
December 11 - 15, 2000

Paul Kaufman

Mon 12/11 Portland /late pm travel to Denver
Tue 12/12  Denver /late pm return to Portland
Wed 12/13  Portland /early pm travel to Reno
Thur 12/14  Reno /pm travel back to Portland
Fri 12/15  Portland

Sue Mara

Mon 12/11 San Francisco; leave for Phoenix PM for WPTF Board Meeting
Tue 12/12  WPTF Board Meeting in Phoenix AZ
Wed 12/13  San Francisco
Thur 12/14  San Francisco
Fri 12/15  San Francisco

Jeff Dasovich

Mon 12/11 San Francisco
Tue 12/12  San Francisco
Wed 12/13  San Francisco
Thur 12/14  San Francisco
Fri 12/15  Sacramento

Sandi McCubbin

Mon 12/11 CFEE Conference ) So. Calif.
Tue 12/12  CFEE Conference ) So. Calif.
Wed 12/13  San Francisco
Thur 12/14  San Francisco
Fri 12/15  Lake Elsinore

Marcie Milner

Mon 12/11 Phoenix
Tue 12/12  Phoenix
Wed 12/13  Phoenix
Thur 12/14  Phoenix
Fri 12/15  Phoenix

Mona Petrochko

Mon 12/11 San Francisco
Tue 12/12  San Francisco
Wed 12/13  San Francisco
Thur 12/14  San Francisco
Fri 12/15  San Francisco [Doctor's appt. late Tuesday PM]


I will attend.


Dutch/Ed

Can you review the attachments below and provided input. On critical documents I want you opinions/points of view/input addition to Phillip's great input. If possible can I have your input by COB Monday 10/15. I have sent this documents for Phillip to review. Thanks
Cheers
Kirk
---------------------- Forwarded by Kirk McDaniel/HOU/EES on 10/12/2001 08:50 AM ---------------------------

donald.l.barnhart@accenture.com on 10/10/2001 10:02:42 AM
To:	Kirk.McDaniel@Enron.com
cc:	mery.l.brown@accenture.com, jonathan.o.stahl@accenture.com, james.a.gilchrist@accenture.com, sheri.a.righi@accenture.com, ann.s.chen@accenture.com, w.kent.baker@accenture.com
Subject:	Revised High Level Design

These are approved by me, and officially submitted for sign-off

Thank you.

(See attached file: High Level Design.doc)(See attached file: High Level
Design Flow Chart.ppt)

This message is for the designated recipient only and may contain
privileged or confidential information.  If you have received it in error,
please notify the sender immediately and delete the original.  Any other
use of the email by you is prohibited.
 - High Level Design.doc
 - High Level Design Flow Chart.ppt


Thank you so much.  I'm really looking forward to seeing the Rangers, and
what a great place to see them.

Kay

"Keffer, John" <JKeffer@KSLAW.com> on 03/26/2001 10:44:04 AM
To: "C. Kay Mann (E-mail)" <Kay.Mann@enron.com>
cc:

Subject: FW: FYI

Your reservations for the Diamond Level seats have been made

> -----Original Message-----
> From:   Schnur, Carmen
> Sent:   Monday, March 26, 2001 10:43 AM
> To:   Keffer, John
> Subject:   FYI
>
>
> John:
>
> The first Texas Rangers game for the Season is June 15, 7:05 p.m.  I've
> put your name down.

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


Mark, you have our ok to archive the folder below.

WK

From: Mark Wolf/ENRON@enronXgate on 01/31/2001 02:23 PM
To: William Kelly/HOU/ECT@ECT
cc:
Subject: ERMS folder

The ERMS folder is out of disk space again.  I managed to free up again 2 to
3gb about 2 weeks ago but we are back down to 450mb.  I found a folder that I
would like to archive but I wanted to check with you first.

o:\erms\erms_adm\NYMEX\1999

I would like to archive about 6 or 7 months out of this folder.  The oldest 7
are Jan, May, Feb, Mar, Apr, Jun, and Aug.

Otherwise I don't know what else to archive?  I am open to suggestions.

Thanks

Mark Wolf
Storage Management Group
Phone (713) 345-6389
Pager (877) 242-3944
E-mail: mark.wolf@enron.com


[IMAGE]IntercontinentalExchange
                                                                                Firm Power Price Bulletin
[IMAGE]For Power Delivered on Thursday, December  27, 2001
                                                                                (Trade Date of Wednesday, December  26, 2001)
Click here to access index history


Week Ending 9/28/01:

Glad to discuss...

Steve


she starts at 12:12

 -----Original Message-----
From: 	Allen, Margaret
Sent:	Monday, October 08, 2001 1:10 PM
To:	Arnold, John
Subject:	RE:

What time does the game start?

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, October 08, 2001 1:02 PM
To:	Allen, Margaret
Subject:	RE:

my little junior league girl.   so sweet.
let's leave around 1130ish

 -----Original Message-----
From: 	Allen, Margaret
Sent:	Monday, October 08, 2001 12:54 PM
To:	Arnold, John
Subject:	RE:

Yippee! I'm in! What time do you want to go?

I have volunteer work tomorrow night starting at 6pm...so I'll have to run off around 5:30.

I'm sooo excited! Who all is coming? Yippee! MSA

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, October 08, 2001 10:35 AM
To:	Allen, Margaret
Subject:

want to play hookie and go to the bb game tomorrow at noon?


I hope you can help Carol out before our phone call in the morning.  I have
tried Patricia Aufranc twice but there is no answer.  If you could reach her
early in the morning to resolve, I would be most appreciative.  You can
discuss with me in the morning.  Thanks.  Sara


Hi Rob,

I think we would prefer if you would route the document back this way, and
Sheila or I will send it to the folks at GE.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/21/2000 04:05
PM ---------------------------

Scott Dieball@ENRON_DEVELOPMENT
08/21/2000 03:59 PM
To: Kay Mann@ENRON, Sheila Tweed@ECT, Martin W Penkwitz/NA/Enron@Enron, "ROB
TAYLOR" <TAYLR@andrews-kurth.com>, Roseann Engeldorf/Corp/Enron@ENRON
cc:

Subject: GE - Form Purchase Agreement

All - Attached is a rewrite of Articles 20 (Indemnity) and 27 (Limitation of
Liability) of the draft agreement which includes our collective thoughts.

Rob - I understand that you "volunteered" to pull together our changes to the
draft agreement and to then forward on to GE.

If you have any questions, please give me a call.  Thanks.

Scott


-----Original Message-----
From: Fenner, Chet [mailto:Chet_Fenner@bmc.com]
Sent: Wednesday, May 29, 2002 5:13 PM
To: Wollam, Erik (E-mail); Constantine, Brian (E-mail); Corrier, Brad
(E-mail); Knipe, Chad (E-mail); Parks, Joe
Subject: Good...


Tana,
I received a PA for Straightline (Division of U.S. Steel) and credit approved.  I ask Global to create an CP ID.  and the ID reads.  Straightline, a dba of US Steel Corporation.  Do I have to ask customer to re-fax PA with GCP name, CP ID # 142509?  or is okay to process like Straightline ( Division of U.S. Steel) ?

Let me know,
Thank you,
Claudia


I did not get this

	Becky Stephens@ENRON
	10/03/2000 04:44 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc: Linda R Guinn/HOU/ECT@ECT, Bonnie White/Corp/Enron@ENRON
		 Subject: service of process

The following original documents, received today, have been forwarded for
your immediate review and consideration:

Webb County, et al. v. Mr. Sergio Delgado in his capacity as Chief Appraiser
for Webb County and the Webb County Appraisal District, et al. (including
Houston Pipe Line Company); No. 2000CVQ000819D2, In the 111th Judicial
District Court, Webb County, Texas.  CITATION and PETITION FOR REVIEW to
Houston Pipe Line Company by certified mail on 10/2/00.

PLEASE ADVISE IF NOT RECEIVED WITHIN 1 BUSINESS DAY.

Thank you !!

Becky A. Stephens
Litigation Unit, Support Services Coordinator
713/853-5025
EB4809


Is this the right account for Pegasus to send the money to?

Thanks,

Kay

"Lawrence, Estelle A" <estelle.a.lawrence@citi.com> on 04/20/2001 12:16:04 PM
To: "'Stephen.Thome@enron.com'" <Stephen.Thome@enron.com>
cc: Kay.Mann@enron.com, "Morelli, Edward" <edward.morelli@citi.com>

Subject: RE: Pegasus/Enron Escrow Agreement

Thanks.  It worked.  Carolyn let me know that y'all would like to fund by
this Wednesday.  I expect to have comments back to her by early Monday.  A
cursory glance through the blackline faxed to me shows that outside counsel
will most likely not be necessary.

Until later,

Estelle Lawrence
Citibank Agency & Trust
111 Wall Street, 14/3
New York, NY 10005
T: 212.657.2076
F: 212.657.3862

-----Original Message-----
From: Stephen.Thome@enron.com [mailto:Stephen.Thome@enron.com]
Sent: Friday, April 20, 2001 1:11 PM
To: Lawrence, Estelle A
Cc: Kay.Mann@enron.com
Subject: Pegasus/Enron Escrow Agreement

Please try opening these.  They are the same document in different text
formats.  At a minimum the .txt format should be compatible with your
software

(See attached file: Escrow Agreement Enron Salmon LLC.DOC)(See attached
file: Escrow Agreement Enron Salmon LLC.txt)

Should you have any problems, please call me at

713-853-7639 (o)
503-539-2340 (c)

Once you have had a chance to read them, I would appreciate a call.  I need
a sense of when this account can be established.

Thanks,

Steve Thome


We Agree with the nominations.

"Eileen Ponton" <kponton@duke-energy.com> on 03/21/2001 11:08:26 AM

To:   David Avila/LSP/ENSERCH/US@TU, Charlie Stone/Texas Utilities@TU, Melissa
      Jones/Texas Utilities@TU, HPL.SCHEDULING@ENRON.COM,
LIZ.BELLAMY@ENRON.COM
cc:
Subject:  NOMS/ACTUAL FLOW FOR 03/20/01

NOM       MCF       MMBTU
50,000         46,771         48,034

BTU = 1.027


---------------------- Forwarded by Darron C Giron/HOU/ECT on 04/18/2001
09:43 AM ---------------------------
From: Russell Diamond/ENRON@enronXgate on 04/18/2001 09:34 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, Veronica Espinoza/ENRON@enronXgate, Darren
Vanek/ENRON@enronXgate
cc:
Subject: Credit Report -4/18/01

Counterparty    TAGG#
Action
AEP Energy Services Ltd  v38781.1,v38820.1, v38836.1 Rebook to AEP Energy
Services, Inc
 "    v38853.1, v39705.1   "
Angus Energy, Inc.   v39878.1   Pending Brant Reves
Bank of America Corporation  v39653.1, v39655.1  Rebook to Bank of America,
Nat'l Assoc.
City of Palo Alto    v39713.1, v39713.1, v39741.1 Pending Jay Williams
Cross Timbers Oil Company  v37619.1, v37860.1.2  Pending Jay Williams
Engage Inc.    v38646.1, v39926.1  Rebook to Engage Energy Canada LP
Idaho Power Company   v39821.A   Rebook to Idacorp Energy Solutions LP
Ospraie Portfolio Limited   v39863.1   Rebook to The Ospraie Portfolio Ltd
TransCanada Energy Ltd   v38459.1   Rebook to TransCanada Energy Financial
Products
Westport Petroleum Inc   v39866.1.2   Pending Rudwell Johnson


FYI.  Morgan Stanley FERC protest and stay.

I have not had any further discussions re:  bid cap reductions.  Trying to
get Mary Hain with Gibbs, etal.

Jim

---------------------- Forwarded by James D Steffes/HOU/EES on 07/11/2000
10:23 AM ---------------------------

Susan J Mara
07/11/2000 09:47 AM
To: rcarroll@bracepatt.com, Mary Hain/HOU/ECT@ECT, Sarah
Novosel/Corp/Enron@ENRON, Tim Belden/HOU/ECT@ECT, Joe
Hartsoe/Corp/Enron@ENRON, James D Steffes/HOU/EES@EES, Paul
Kaufman/PDX/ECT@ECT, Jeff Dasovich/SFO/EES@EES, David Parquet/SF/ECT@ECT
cc:
Subject: Cal ISO price caps

This guy has been pumping me for information.  It's great that other people
are jumping in with their own stuff --especially people who haven't been
active, like Morgan Stanley.
---------------------- Forwarded by Susan J Mara/SFO/EES on 07/11/2000 09:44
AM ---------------------------

ehinds@mwe.com@mwe.com on 07/10/2000 05:19:49 PM
To: smara@enron.com, foothi19@idt.net, dparquet@enron.com
cc:
Subject: Cal ISO price caps

Attached is a copy of the complaint filed we filed today on behalf of Morgan
Stanley in connection with the California ISO price cap issue.  I will gladly
discuss with you this complaint and any other actions or proposals involving
this issue.

Elliot

(See attached file: WDC99_281861_1.DOC)

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

This message is a PRIVATE communication.   If you are not the intended
recipient, please do not read, copy, or use it, and do not disclose it to
others.  Please notify the sender of the delivery error by replying to this
message, and then delete it from your system.  Thank you.
******************************************************************************
*******

 - WDC99_281861_1.DOC


Please mark your calendar's for the next "Budget/Priority" Meeting.  Rick has
chosen the following dates and location:

Dates:  Arrive evening of Wednesday, Nov. 7, 2001
  Meeting Thursday, Nov. 8, 2001 --- 8:00 AM - 1:00 PM
  Meeting Friday, Nov. 9, 2001--- 8:00 AM - 3:00 PM

Location: The Broadmoor
  One Lake Avenue
  Colorado Springs, CO 80906
  719-634-7711

Thanks and please call if you have any questions.

gngr
713-853-7751


Macros
Intra Month Physical Calcs
Fixed for Floats


what does that mean?

 -----Original Message-----
From: 	Landry, Chad
Sent:	Tuesday, May 22, 2001 11:27 AM
To:	Lenhart, Matthew
Subject:	RE: You boys making

u-snooze-u-lose.

CKL


Thanks for the note.  Good work.  If I am in Mumbai for a full day on Friday,
4 August, is that sufficient?  thanks  mcs

Jane Wilson@ENRON_DEVELOPMENT
26/07/2000 18:40
To: Mark Schroeder@ECT, Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Comments to MoP

Worked the Ministry of Power yesterday with Sanjay and had my own meeting
with the Junior Secretary who is in charge of the Electricity Bill effort.
He invited me back.  Found out from him that there are TWO drafts of the
Electricity Bill -- the Ministry of Power began drafting its own draft around
draft IV of the circulated draft and has picked and chosen from the
circulated draft (that's interesting!)  The MoP draft is with the Cabinet
soon to be introduced to Parliament.  The real law that is introduced to the
Parliament will be released to the public once it leaves to Cabinet for the
Parliament.  We will have a chance to lobby and explain to the Standing
Committee out positions, i.e., the whole input process starts all over
again.  Meanwhile, the three individuals with whom we met yesterday (various
secretaries) requested our direct input again (there is obviously still time
for the Ministry to revise its draft).  Thus, I've tried to rearticulate the
critical elements that must be in the bill to constitute legitimate reform
and point out how crazy the World Bank's emphasis on forming regulators and
accounting unbundling is if unrelated to full reform in the note attached
below.

Actually made most of Amcham's presentation to the DOE mission in India.  The
presentation that was handed out to them is attached below.  Once you've
opened the presentation, go to slide show, custom, and see the slides from
which I spoke (I took the substantive ones).  The important slide in both the
custom show and the handout is the last one which is DOE Action items.  They
told us that this was exactly the kind of briefing they needed.  Sanjay's
happy, I'm happy, hope you're happy.

Please note that there are EOG slides included with regulatory concerns of
the upstream E&P sector.  Of note is that I worked with Larry Morse of EOG
and accompanied him to the Ministry of Petroleum and Natural Gas (MoP&NG) on
Saturday to directly give input into the Ministry Working Group on forming a
regulator in the O&G sector.  Our scheduled 15 minutes (they were moving
private parties through a New York musical tryout) turned into 30 minutes and
a request for a written document.  I came up with a new idea of EOG to make
their life easier and the Ministry was interested: the Director General of
Hydrocarbons is the "regulatory agency" that is interfering in more than
regulating the Production Sharing Contracts (PSCs).  I suggested to Larry
(who loved it) and the Ministry that the current functions of DGH be divided
into three separate things: the normal regulatory function (permitting,
environmental, safety and information management) that should devolve on DGH,
a facilitator role assigned to the MoP&NG (provided in the law or regs
somewhere -- this is essentially a government person to help private parties
knock down barriers), and a Contract Adminsitrator, meaning a representative
of the Government of India to sit on the joint venture's Management
Committee.  I suggested perhaps a retired ONGC executive.  This may
ameliorate the DGH's tendency to build a file and obstruct any spending
whatsoever in the misguided belief that profits will be greater for GOI in
the future.  I'd like to take this opportunity to record all our joint MoP&NG
issues both upstream and LNG into one document.  Then it can become our joint
platform paper to lobby from, do presentations from, etc.  Need to rest a
day, however before that effort starts.

Cheers.  Hope to return to Mumbai tonight.  I've overstayed in Delhi by two
days.  Sanjay mentioned that he now thinks that I will spend 50% of my time
here.
---------------------- Forwarded by Jane Wilson/ENRON_DEVELOPMENT on
07/26/2000 12:20 PM ---------------------------

Jane Wilson
07/26/2000 12:16 PM
To: K Seethayya/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ashok
Mehta/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Sanjay Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Neil
McGregor/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Akshay
Singh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Amr
Ibrahim/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sisir K
Podder/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul
Kraske/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bobby
Farris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jimmy
Mogal/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mohan
Gurunath/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandeep
Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Beena
Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Comments to MoP

Attached are the comments requested by several people during our visits to
the Ministry yesterday.  I have removed any discussion of PTC or Powergrid at
this time.  However, we need to look for opportunities to make our point that
a government marketing company is a contradiction in terms, particularly
about PTC, at the appropriate time.  Please hand deliver a copy of our
comments to S L Rao.  Perhaps Beena  could have a courtesy copy delivered to
Mr. Subramanyam.  I assume that you will put an appropriate transmittal
letter on top of the comments for delivery to the Ministry today.  Thanks.


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Greg Piper raised the following questions:

Is ENW a marketing affiliate?
Is EOL a marketing affiliate?
Sally Beck's organization?
Can Beck's organization process transactions for CMS pipelines?
Could Sally use ETS resources to do processing for CMS?

Greg is looking for some guidance by Tuesday.  Let's discuss.

Mark


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A dad walks into a market followed by his ten-year-old son. The kid is
spinning a 25 cent piece in the air and catching it between his teeth. As
they walk through the market someone bumps into the boy at just the wrong
moment and the coin goes straight into his mouth and lodges in his throat.
>
> He immediately starts choking, going blue in the face, and Dad starts
panicking, shouting for help.
>
> A middle-aged, non-descript man in a gray suit is sitting at a
> coffee bar in the market reading his newspaper and sipping a cup of
coffee.   At the sound of the commotion, he looks up, puts his coffee cup
down on the saucer, neatly folds his newspaper and places it on the counter.
Then he gets up from his seat and makes his unhurried way across the market.

> Reaching the boy, the man carefully takes hold of the boy's testicles and
squeezes gently but firmly. After a few seconds the boy convulses
violently and coughs up the 25 cent piece, which the man catches in his free
hand.
>
> Releasing the boy, the man hands the coin to the father and
walks back to his seat in the coffee bar without saying a word.
>
> As soon as he is sure that his son has suffered no lasting ill-effects,
the father rushes over to the man and starts effusively thanking him saying,
"I've never seen anybody do anything like that
before -- it was fantastic. Are you a doctor?"
>
> "Good heavens, no," the man replies. "I am a tax collector for
the Internal Revenue Service."
>


My only advice is to be very specific in their scope.  These guys run up
bills worse than anyone.

From: Carlos Sole@ENRON_DEVELOPMENT on 02/12/2001 10:02 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Illinois Projects Update

I briefly glanced at the PMRW update on the Illinois projects and what jumped
out at me was their indication that they'd be working with Andrews & Kurth on
the due diligence for Livingston and Kendall projects.  I presume this is a
mistake on their part as the reference should be to King & Spalding.  Before
they get started on their due diligence for us, they are waiting to get a fax
from me which I going to send this morningIand I will point that correction
them (presuming that my understanding is correct.)


So far I have spoken to both Bill and Rick Buy, both of whom recognized the issue and said they would try to address it.  I have also just completed their budget for next year and increased the number to allow for incremental staff.

I left a message for Bill this morning to see if he had made further progress.

 -----Original Message-----
From: 	Foster, Chris H.
Sent:	Monday, October 08, 2001 5:26 PM
To:	Kitchen, Louise
Subject:	Credit Resources

Louise:

Can you tell me if you have made any progress re: resource allocation for Bill Bradford's Credit Group to process deal flow in the West?  I had mentioned to individuals in the Middle Market Group that you were "on it" and if there is a follow up I can give them I would like to do so.

Thanks!

Chris

Chris Foster
chris.h.foster@enron.com
(W) 503/464-3822
(Cell) 503/702-8568


Tanya:  I left you a voice mail earlier this week on the single outstanding
issue:  paragraph (B) of our setoff language.  This provision allows the
nondefaulting party to withhold any payment it might owe to the defaulting
party under the master until the nondefaulting party can be certain IN ITS
REASONABLE DISCRETION  that ANY other payments owed to it (under ANY other
agreements between the parties)  by the defaulting party have been paid.
Cargill does not want to "comingle" its business.  Remember, we have already
given in on "affiliate setoff".  [the lawyer never raised the paragraph (B)
issue until this week!]

Also, Cargill has requested that we change our Credit Support Amount
definition (but I provided them with an explanation) AND Cargill has decided
to issue transferable L/C's.

Please let me hear from you so that we can finalize.  I do not know if this
is a deal breaker.


will do !

	Tana Jones
	02/22/2001 02:52 PM

		 To: Shari Stack/HOU/ECT@ECT
		 cc:
		 Subject: Re: EOL approvals, 2-21-01

I just spoke to Credit about one counterparty on the list.  You've got Utah
Municipal Power Agency shut down to trade since they're not FERC authorized.
They specifically came through online wanting to trade power, and Credit
wants to know if you can give them a call and determine if you can get
whatever evidence you need to get them open for power.  The name of the guy
that sent the application in is Richard Judd and his ph no. is (801)
852-6842.  Thanks!

	Shari Stack
	02/22/2001 04:16 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Rhonda L Denton/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT
		 Subject: Re: EOL approvals, 2-21-01

With regard to:

UAMPS: Approved for West Physical Power, Buys and Sales
Western Area Power Administration: Approved for West Physical Power, Buys and
Sales

With regard to:
Utah Municipal Power Agency: NOT APPROVED  (not a current CP/Not FERC
authorized)

With regard to everyone else on the list:

Ditto Credit

Thanks,

Shari

	Tana Jones
	02/21/2001 03:14 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Shari
Stack/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Marie Heard/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications, John Viverito/Corp/Enron@Enron, Jane McBride/AP/Enron@Enron,
Andrea Calo/SA/Enron@Enron, Peter Keohane/CAL/ECT@ECT
		 cc:
		 Subject: EOL approvals, 2-21-01

----- Forwarded by Tana Jones/HOU/ECT on 02/21/2001 05:14 PM -----

	Walter Guidroz@ENRON
	02/21/2001 05:09 PM

		 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT,
Cynthia Clark/Corp/Enron@ENRON, Enron Europe Global Contracts and Facilities,
Enron Europe Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT,
Tom Moran/HOU/ECT@ECT, Claudia Clark/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron,
Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT,
Sonya Clarke/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/HOU/ECT@ECT, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect
		 cc:
		 Subject: EOL approvals, 2-21-01

Please see attached.


Following please find the Daily EnronOnline Executive Summary.

EnronOnline Executive Summary for 11/16/00
Transaction Summary
External Transactions Today	5,447
Average Daily External Transactions (30 day Trailing Avg)	3,498
Total Life to Date Transactions	445,906

EnronOnline Daily % of Entity's Total Transactions for 11/16/00	Trans	Percent
Enron North America	4,893	82%
Enron Europe Limited	246	41%
Global Products	114	24%
Enron Metals	194	9%

EnronOnline Percentage of Total Corporate Transactions
(30 day Trailing Avg)	50%

Gross Notional Value of EnronOnline Transactions	Total
Today	4,524,480,906
MTD	36,285,851,146
LTD	249,717,535,824
Average Daily Notional Value (30 Day Trailing Avg)	2,435,447,716

Notional Revenue from Physical Flows to Date	16,777,502,814

Counterparties, Users, and Products Offered
Counterparties having transacted to date	568
New Counterparties transacting for the first time today	3
Number of Products Offered Today	1,230
Total Number of External Users Logged on Today	2,968
Average # of External Users logged on (30 day Trailing Avg)	2,746


im leaving, see ya

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 4:23 PM
To:	Maggi, Mike
Subject:	RE: Mark Report

you are so welcome!!!  i am so bored.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 4:22 PM
To:	Nelson, Michelle
Subject:	RE: Mark Report

.thank you so much

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 4:17 PM
To:	Maggi, Mike
Subject:	FW: Mark Report

just wanted to make sure that you got this.

 -----Original Message-----
From: 	Smith, Mark
Sent:	Monday, November 19, 2001 4:14 PM
Subject:	Mark Report

Welcome to the New building~  The computer works!

 << File: TheMarkReport111901.pdf >>

This information is for the private use of the recipient and may not be disclosed to any other entity (including affiliates) without the prior written consent of Enron North America.  All of the above prices are "indicative" prices  and are subject to change depending upon changing market conditions and liquidity.  The transactions are also subject to negotiation of mutually acceptable definitive agreements, satisfactory credit arrangements and the approval of the respective management's of our two companies. This term sheet is not intended to create a binding or enforceable contract nor is it an offer or a commitment to enter into any transaction.  All terms are subject to change until  agreement as to a specific transaction has been reached.  ENA is not acting as a fiduciary or advisor and you should evaluate and understand the terms, conditions, and risks of all transactions in making your decisions with respect thereto

Mark D. Smith
Manager
Enron North America
713-853-6601
Mark.Smith@enron.com


Kathy-

In case you didn't receive this from the night crew.


Barbara has asked that I submit a weekly report about what I'm working on.  I
haven't had time to fix up anything pretty, but I'll give you the big ticket
items:

Fuel Cell Energy/CRRA transaction.  Enron owns equity and holds warrants for
Fuel Cell stock.  We need to sell 55 mw of fuel cells in order to get the
benefit of the warrants.  The commercial team is  working on a deal to place
50 mw with the Connecticut Resource Recovery Authority, a state agency.  I
have been working feverishly on the equipment contract, and we recently
completed the LOI with CRRA.  We need to move to more definitive docs with
CRRA, and the structuring isn't complete. The decision about whether the
state will fund the project is expected in December.  This deal is likely to
continue to take up a large amount of  my time, and requires a fair amount of
travel, as I am involved in direct negotiations.  This transaction is on Dave
D and Janet D's radar screen, and  Mark is familiar with it.  The potential
upside (in a perfect world), is rumored to be in the nine figure range.

Turbopark.  Turbopark is the latest financing vehicle for power projects.
Enron is moving 20+ turbines into Turbopark in the next 45 days.  This
requires a series of contracts with GE (at least 6) which I am working on.
We also have to move transformers into this facility, so I have been in
contact with ABB concerning same.

GE general.  ENA is attempting to negotiate a standard contract with GE.
I've been working with Sheila on this one.  We are committed to finish this
project by the end of this year.

Westinghouse warranty issues.  ENA has two significant disputes wiht
Westinghouse concerning a couple of turbines.  I'm riding herd on resolving
the issues.

VEPCO.  We were attempting to negotiate a PPA with Virginia Power, but ran
into some problems, so it won't close this year.  Theres' some miscellaneous
follow up work to do.

Illinois development.  I'm supporting the devolopers who are developing power
plant sites in Illinois.

Enron/Peoples joint venture.  I'm working with the Enron commercial team in
certain matters relating to getting the joint venture up and running.

This gives at least an overview of what I'm spending most of my time on.
.


I think that you and Allan misunderstood the request from Nelson Wu.  If you
look at his resume, is already with Enron as an Associate.  His e:mail to
Allan Sommer seems to indicate that he is interested in a rotation in Allan's
group.  Normally, I think that associates talk directly with someone in a
group in which they may have an interest.  I don't think that HR gets
involved in this process.  I am not sure how I got into this loop.  It seems
that if Allan has an interest in having an Associate do a rotation in his
group then he should talk with Nelson.  --Sally

	Enron North America Corp.

	From:  Edward Anderson @ ENRON                           07/27/2000 12:25 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Re: Request for Interview, Associate Rotation

Sally,
 I think this one is for you.  Please do with it as you see fit.
Regards,
Ed Anderson
5-8265

---------------------- Forwarded by Edward Anderson/Corp/Enron on 07/27/2000
12:15 PM ---------------------------

	From:  Allan Sommer                           07/27/2000 12:15 PM

To: Nelson_Wu@enron.net
cc: Edward Anderson/Corp/Enron@ENRON

Subject: Re: Request for Interview, Associate Rotation

Nelson,

Please contact Ed Anderson at HR to schedule the interview.  Thanks.

Allan Sommer

Nelson_Wu@enron.net on 07/26/2000 07:49:46 PM
To: allan.sommer@enron.com
cc:

Subject: Request for Interview, Associate Rotation

Hi Allan:

I  am  writing  you  to express my strong interest in working at Enron Net
Works
International Private Equity.  I am confident that my experience has prepared
me
with  the  broad  skills  and finance expertise necessary for success in
Private
Equity.

The rigorous curriculum in the Anderson School at UCLA has not only confirmed
my
interest in Finance, but also enhanced my accounting skills. After
graduation, I
spent  the first four months of my rotation program in Enron at the Asia
Pacific
Structuring  Group. There I honed my analytical skills, commercial knowledge
and
cross-functional team experience through financial modeling and risk
assessment.
I  provided  robust  analytical  support that resulted in a successful bid
for a
$550  million  power  project in China.  In the past five months at the
Business
Development   Group  of  Enron  Broadband  Services,  I  managed  the
strategic
relationship  between  Enron  and  Microsoft. The deal management tasks
required
broad-based   problem-solving   skills,   effective   communication  and
strong
understanding  of  the technology market. Recently I also proposed and led a
new
initiative in developing broadband online gaming content for the Enron
streaming
media business.

I  have  attached  my resume which details my accomplishments. I look forward
to
speaking with you and further discuss my credentials in a personal interview.
(See attached file: Associate_NelsonWu0725.doc)
Best Regards,

Nelson Wu
58298

 - Associate_NelsonWu0725.doc


We would like to change the Netco directory name to UBS.

We will have to change the links to the NGP&L and anything else that links to files in Netco.  Let me know this morning if that will be a major problem for anyone.

Thanks


Jeff,
Congratulations on yesterday's earnings release - the market reacted well.
Feedback I got from a large bank on the street is that they always recommend
buying ENE in the weeks leading up to earings releases.  I don't want to be
a pain, but you had said to let you know if I had not heard from Jeff by
today.  I'm happy to be the one to make the call - just let me know.

Halley and Michael's opening was quite successfull and the show is great.
have fun in London.
Nat


godd luck with the interview..........craziest day I ever saw......f/g traded
$75.00 ( up 19.00 today)   h/j  is up $8.50 , may is up $ 8.50 june is $92.00
up $8.00, summer is $138 ( up $9.00) sep is $45.00 (up 2.00),  q4  is $43.00
( up $4.00)......cal 01 off peak went up $.80, cal 01 was up $9.0, cal 02 was
up $6.00....

  winter cin is $69.0 (up $20.00 today)........cal 01 cin is $74.0 (up
$11.00) today........

  this makes no sense..................

  going home for beers and rest........

 later,


You may have told me the answer to this already, but is there a spreadsheet
for the transformers similar to what we have for the turbines?

Thanks,

Kay

PS  Herman and I are swapping voice mails about scheduling something today.

Kay

	From:  Rebecca Walker                           12/08/2000 10:30 AM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: ABB Change Order

Kay

In regards to paying off ABB, I am trying to get a confirmed amount from Mike
Sandridge to put in the change order.  I will hopefully be able to get that
information to you this afternoon because we need to get the change order
executed as soon as possible since a funding request must be issued to West
LB no later than Monday at 10 AM since the last day that funds can be
withdrawn from West LB is Tuesday.  If you have any questions about this,
please get back to either myself or Ben.

Thanks,
Rebecca


I don't think I saw that happen.

Kathleen Carnahan
09/19/2000 04:50 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Someone at the San Antonio Law Conf.

Like down by the swimming pool with Geneva Holland?  He was sooo tanked I had
Carlos go to take him to his room (but some nice female helped him instead).

To: Kathleen Carnahan/NA/Enron@Enron
cc:

Subject: Re: Someone at the San Antonio Law Conf.

On which day?  I don't recall being any worse than anyone else.

Kathleen Carnahan
09/19/2000 04:12 PM
To: Kay Mann/Corp/Enron@Enron
cc: Carlos Sole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Someone at the San Antonio Law Conf.

Kay,

Would you say that Travis McCullough was just a tad tipsy (to the point of
being intoxicated) at the Law Conference?  Carlos does not believe me.

Kathleen


The 2000 Form W-2 will be mailed to your address of record by January 31,
2001. If you have not received your form by February 20th, you may request,
in writing, for a duplicate copy to be sent to you. Please note that a
written request, including authorized signature is required.

When requesting a duplicate form, please specify the year for which you need
a copy, sign your request, and include the following information:

 Name
 Complete Mailing Address
 Phone Number
 Social Security Number

You may mail your request to:
 ENRON CORP
 EB 1528
 P O BOX 1188
 HOUSTON TX   77002

Or you may fax your request to 713-646-3755.

Your request will be processed within one week of receipt.

If you have a question regarding the information on your Form W2, please
contact the Payroll Call Center at 713-345-5555 option 1.

Thank you


Jim,

Thanks a lot. It is difficult to find a better example example of commitment
to Enron and to professional excellence
than  our weather guys.

Vince

Jim Schwieger
12/21/2000 10:32 AM
To: Jeff Skilling/Corp/Enron@ENRON, Greg Whalley/HOU/ECT@ECT, David W
Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:  (bcc: Vince J Kaminski/HOU/ECT)
Subject: Your Encouragement Would Be Appreciated

The Gas and Power Trading organizations have had a tremendous year.
Sometimes we as traders forget some of the crucial parts of the organization
that significantly contributed to that success.  I believe the Weather Group
comprised of Mike Robert's, Jose Marquez, Stephen Bennett and Dave Ryan from
Power are one of those groups.  These individuals have done a tremendous job
of predicting summer weather along with the route hurricanes would take.  The
greatest achievement has been the November and December winter forecast.
They held fast to their cold forecast even when outside services were
moderating.  On a score card with all other services they definitely deserve
an "A+".  When you are down on the 32nd floor it would be nice if you would
stop and congratulate them on a tremendous job and their contribution to our
success.

 Thanks,  Jim Schwieger


Corrected price - sorry for the confusion!

 -----Original Message-----
From: 	Riordan, Sean
Sent:	Monday, November 05, 2001 12:28 PM
To:	Ring, Andrea
Subject:

Is deal 1143838 a NYMEX deal even though it has fixed commodity price?

Please advise.

Sean Riordan
x54298


Please disregard previous email.

Attached please find the  power credit watchlist dated 04/16/01.  Please
direct any comments/questions to the credit hotline, (713) 853-1803

Please note that the following changes have been made to the watchlist:
AES Eastern Energy, L.P. - Physical and Financial - Call for Credit Approval
beyond - 1 Month
AES NewEnergy, Inc. - Physical and Financial - Call for Credit Approval
beyond - 1 Month
Engage Energy America - Physical and Financial NO TRADES
Maclaren Energy Inc. - Physical - Call Credit for Approval - Any Trade /
Financial - Call Credit for approval beyond-1 Month
Select Energy Inc. - Physical and Financial - Call for Credit Approval beyond
- 1 Month

Veronica Gonzalez


u see my previous note?  sorry, i've been out of the office all day and just
got in.


Is this more Hawaii that you are handling?  Mary

	Carol St Clair
	08/29/2000 08:11 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT
		 cc:
		 Subject: Re:Project Tahiti

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 08/29/00 08:08 AM -----

	"Cheri Strouse" <STROC@andrews-kurth.com>
	08/25/00 05:39 PM

		 To: <alan.quaintance@enron.com>, <Brenda.L.Funk@enron.com>,
<carol.st.clair@enron.com>, <charles.delacey@enron.com>,
<Clement.abrams@enron.com>, <David.roland@enron.com>,
<gina.karathanos@enron.com>, <Joel.ephross@enron.com>,
<tina.livingston@enron.com>, <Trevor.randolph@enron.com>,
<trushar.patel@enron.com>, <mniebruegge@mayerbrown.com>,
<tellwood@mayerbrown.com>, <eawilburn@prickett.com>, <Tamullen@prickett.com>,
<kenton@rlf.com>, <mark.wolf@us.cibc.com>, <mercedes.arango@us.cibc.com>,
<schottla@us.cibc.com>, <Aroberts@wilmingtontrust.com>
		 cc: "David Barbour" <BARBD@andrews-kurth.com>, "MURIEL McFARLING"
<MCFAM@andrews-kurth.com>, "SCOTT OLSON" <OLSOS@andrews-kurth.com>
		 Subject: Re:Project Tahiti

Attached please find the Sale and Auction Agreement for the Fiji Z Class B
Interest and the Bali Trust Agreement.

The Sale and Auction Agreement is marked against the Sale and Auction
Agreement from the Hawaii 125-0, McGarrett Series B transaction and the Bali
Trust Agreement is marked against the Alchemy Trust Agreement.

Please note that the attached documents are in Word Perfect.  A subsequent
email with the documents in Microsoft Word will follow.

Please fax comments to David Barbour and Muriel McFarling at 214-659-4401 by
Monday, August 28th.

If you have any questions, please contact David Barbour at 214-659-4444.

B. Scott Olson
Andrews & Kurth L.L.P.
1717 Main Street
Suite 3700
Dallas, Texas 75201
Direct: 214.659.4443
Fax: 214.659.4832

 - 255084 COMPARISON AGAINST MCGARRETT SERIES B.wpd
 - 255146 COMPARISON 220406 VER 7.WPD


I will be out of the office until Monday, March 18, 2002.  If you need immediate assistance, please contact Susan Bailey or Samantha Boyd.


The key question will be whether we can get a QSPE [which is supposed to be brain dead] to amend a document to accomplish this. Section 6.2(c) of Swee'P, L.L.C.'s LLC Agreement provides that:

"(c)	The Principal Managers of the Company, or any one of them, are hereby, and without further action, expressly authorized to execute and deliver, on behalf of the Company, the Transaction Documents, together with (i) any amendments, modifications, or supplements thereto, and restatements thereof, as such Principal Managers, or any one of them, may deem appropriate,"

Alan, lets talk when you have a chance.  [What I would envision is an amendment to the Transfer Agreement that carves out certain account obligors referred to on a schedule from the definition of Receivables -- so we could revise the schedule from time to time as other master netting agreements are executed, and a similar revision to the UCC financing statements.] JNE

-----Original Message-----
From: Cook, Mary
Sent: Monday, October 15, 2001 3:18 PM
To: Ephross, Joel; Proffitt, Tim; Hodge, Jeffrey T.; Taylor, Mark E
(Legal)
Cc: Mellencamp, Lisa; Herron, Chris
Subject: RE: Master Netting Agreements and Prior Physical Gas Receivable
Financing

Not being aware of all the ins and outs of your transaction, but based upon the description below and the provisions of the master netting agreement, I think the receivables must be removed from step 1 (see Sections 7/11 or the netting agreement); therefore, an amendment is evidently required.

-----Original Message-----
From: Ephross, Joel
Sent: Monday, October 15, 2001 2:39 PM
To: Cook, Mary; Proffitt, Tim; Hodge, Jeffrey T.
Cc: Mellencamp, Lisa; Herron, Chris
Subject: RE: Master Netting Agreements and Prior Physical Gas Receivable
Financing

	Mary, in step 1 all of the receivables meeting the definition of Receivable are transferred from ENA to Swee'P; in step 2 Swee'P sells an undivided interest in the pool of Receivables to ASCC [CIBC's conduit vehicle]. The September report indicated that PG&E accounted for 3,340,000/167,000,000 th's of ASCC's interest in the pool of receivables [ASCC having an interest of 167,000,000 divided by some larger amount [which amount includes the excess concentration amount, a reserve requirement, etc.]] Swee'P obtained from ENA.  Note that if the PG&E receivable is "removed" from step 2, then all that really happens is that no credit is given to Swee'P in the numerator, resulting in a smaller undivided interest in the pool being transferred to ASCC; however, by virtue of the PG&E receivable being transferred from ENA to Swee'P in step 1, the PG&E receivable will always be in the denominator, and ASCC will always buy an undivided interest in the pool which includes the PG&E receivable, it will just buy a smaller percentage interest if it is excluded from the numerator. I need to know what you mean by "extracting" the receivable -- if you mean that no credit is obtained by Swee'P in the calculation of the undivided interest that ASCC purchases, then that can be accomplished on the next reinvestment date. If you mean that no undivided interest in the receivable can be transferred to ASCC, then I think it needs to come out of step 1 [so that it is removed from the denominator, not just the numerator], and I think that the only way to do that is by amending the documents.

-----Original Message-----
From: Cook, Mary
Sent: Monday, October 15, 2001 12:03 PM
To: Proffitt, Tim; Ephross, Joel; Hodge, Jeffrey T.
Subject: RE: Master Netting Agreements and Prior Physical Gas Receivable
Financing

Per Lisa Mellencamp and based upon visiting with Mark Taylor, extracting the PGE receivables on 10/25, the next regular date, is satisfactory.  Please note that the master netting does not include the PGE utility entity, only the non-utilities.  Joel, you have a copy of the netting agreement showing all parties thereto.  You should check with Hodge re any utility gas contract receivables.

-----Original Message-----
From: Proffitt, Tim
Sent: Monday, October 15, 2001 11:42 AM
To: Bradford, William S.; Ephross, Joel; Cook, Mary; Taylor, Mark E
(Legal); Hodge, Jeffrey T.; St. Clair, Carol; Sager, Elizabeth; Murphy,
Harlan
Cc: Rohauer, Tanya; Herron, Chris; Reeves, Leslie
Subject: RE: Master Netting Agreements and Prior Physical Gas Receivable
Financing

Good question, our report rolls everything up to the parent. Leslie, can you gather the actual counterparties? thanks.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


per my vm
----- Forwarded by Elizabeth Sager/HOU/ECT on 11/15/2000 12:34 PM -----

	John Lamb@ENRON
	11/15/2000 11:58 AM

		 To: Mike Curry/HOU/ECT@ECT, David Portz/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Clement Abrams/Corp/Enron@ENRON
		 cc: Michael Payne/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Enron Guaranties for Indian Mesa II PPA & GSPA

Attached are clean and blacklined drafts of the Enron guaranties to be made
in support of EPMI's obligations under the Indian Mesa II Renewable Energy
Purchase Agreement ("PPA") and Green  Premium Sharing Agreement ("GSPA").?
The guaranty for the PPA is blacklined against the Enron EPC Contract
guaranty in favor of the banks which was granted in connection with our
Cabazon Wind Power Project (the project most recently financed by EWC) and
the GPSA guaranty is blacklined against the PPA guaranty.  As we discussed
last week, since the Enron guaranties will need to be in a form that will
acceptable to our project lenders and equity participants, we thought that we
should start with a form that was used in our last financing and that was
negotiated by Enron and the banks.  We plan to use the same basic form for
the Enron guaranty that will be made in favor of EPMI with respect to the
seller's obligations under the PPA.  We will forward the draft of that
guaranty to you later today.  Please feel free to give me a call if you have
any questions concerning the attached guaranties.  Thank you.

 - PPA Guaranty.doc
 - GPSA Guaranty.doc
 - REDLINE GPSA Guaranty.doc
 - REDLINE PPA Guaranty.doc


Farallon/Oaktree's counsel, Bruce MacLeod, began his questioning of Izower on
Friday 9/1.? MacLeod began by establishing that (1) in drafting the offering
White & Case attorneys relied upon information given to them by the
underwriters and (2) if the underwriters would have indicated to White & Case
that information in the offering memo was incorrect, White & Case would have
changed the offering memorandum.? MacLeod also established that Izower had
discussed the related party transactions with all of the initial purchasers
at one point or another.? MacLeod then attempted to revist the issue
concerning Chanmi's integrity and whether Chanmi's acceptance of kickbacks
was discussed with the underwriter group.? Izower's counsel refused to allow
MacLeod to revisit this testimony and McLeod ended his inquiry.

SDI's counsel, Mike Strub, was the only defense counsel to ask questions. (I
determined that the it made no sense to draw any attention to Enron/ECT given
that the testimony concerning Enron/ECT had been limited to general
statements concerning the "underwriters').? Strub attempted to establish that
SDI was not listed on White & Case's responsibility outline as one of the
drafters of the offering memo.? Izower agreed that SDI did not initially
draft the offering documents, but indicated that SDI commented on drafts.?
Izower also testified that he asked SDI's counsel Bob Walters to review the
related party transactions section of the memo and to comment on its
accuracy.? On rebuttal, MacLeod focused on SDI and established that SDI
reviewed and revised portions of the offering memo. and that Busse attended
the road shows and never advised Izower that the information contained in the
memo. concerning SDI's role was inaccurate.

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer.


Oops, wrong one -- I meant MK had comments on Red Cedar.  This one for Duke
is OK.

	From:  Drew Fossum                           12/22/99 03:24 PM

To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Transwestern Contract Approval Request

Please give me a sign off if this is OK.  Thanks DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 12/22/99 03:24
PM ---------------------------

Christine Stokes
12/22/99 08:33 AM
To: Steven Harris/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Lorraine
Lindberg/ET&S/Enron@ENRON
cc:

Subject: Transwestern Contract Approval Request

TRANSWESTERN CONTRACT APPROVAL REQUEST

Please review the provided non-standard discount letter for Duke Energy
Trading & Marketing.   Duke's 18,000 Dth/d Ignacio to Blanco contract has a
one year term and a seasonal based 1-part rate structure.  Transportation on
an alternate basis is provided for on a south to north flow direction at an
incremental $.01 charge based upon actual utilization of the described path.

Please provide an indication of approval via REPLY WITH HISTORY.  If any
questions arise, please contact me at x35702.


James,

Would you please send Kevin Howard the email version of the economics for Trans Pecos and copy me.  Kevin is working with ArcLight as a potential equity investor for our portion of Trans Pecos.  Please let me know if you have additional questions.

Thanks, Kim.

 -----Original Message-----
From: 	Howard, Kevin A.
Sent:	Wednesday, January 30, 2002 6:00 PM
To:	McCarty, Danny; Harris, Steven; Gadd, Eric; Watson, Kimberly; Hyatt, Kevin
Subject:	TW project information

Kim and Eric:
Could we send to ArcLight the models for TransPecos and Sun Devil that reflect what we had in today's presentation? You can either send directly to him (and cc me) or send to me and I will forward on to them.  Everyone did a great job today.  Thanks again.
Kevin


Jeff:

It was an honor to represent EBS at the Dell meeting this morning.  We are
very
excited about the three transactions we feel we can close with Dell in the
near
future.  I appreciated the platform you provided to advance our causes.  Thank
you again,

Sincerely,

Marc Graubart
Director
Wholesale Origination
Enron Broadband Services
(713) 853-3019  office
(713) 515-9468 cellular
marc_graubart@enron.net


---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 12/27/2000
06:02 PM ---------------------------

	From:  Sheila Glover                           12/27/2000 05:57 PM

To: Kam Keiser/HOU/ECT@ECT, William Kelly/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Monica Lande/PDX/ECT@ECT,
Jenny Latham/HOU/ECT@ECT, John Swinney/HOU/ECT@ECT, Stacey W
White/HOU/ECT@ECT, Frank Prejean/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT,
Kathy Reeves/CAL/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Scott
Earnest/HOU/ECT@ECT, Tracy Beardmore/NA/Enron@Enron, Michael
Giarratano/NA/Enron@ENRON, Shifali Sharma/NA/Enron@Enron, Kristin
Albrecht/Enron Communications@Enron Communications, Gary Stadler/Enron
Communications@Enron Communications, Reno Casimir/NA/Enron@ENRON, Mary
Thambiah/LON/ECT@ECT, Sheila Foo/LON/ECT@ECT, Paul D'Arcy/LON/ECT@ECT, David
A Wall/Risk Mgmt/LON/ECT@ECT, Mike Jordan/LON/ECT@ECT, Hege
Kleven/OSL/ECT@ECT, Simon Thurbin/HOU/ECT@ECT, Trond Branem
Hansen/OSL/ECT@ECT, Coralie Evans/LON/ECT@ECT
cc: Gary Hickerson/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT, Ellen
Su/Corp/Enron@Enron, Shane Dallmann/LON/ECT@ECT, Brent A Price/HOU/ECT@ECT,
Sally Beck/HOU/ECT@ECT, Clara Carrington/HOU/ECT@ECT
Subject: Interest-Rate Hedging Guides - REMINDER

Just a reminder....
Please advise the Rate & Currency Trading Desk when large deals are going to
be booked by 1:30 P.M. (CST).  This allows the desk to hedge the deal for
interest rates on the same day that the trade is booked in the commodity
books.  This eliminates Enron's exposure to markets on the following day for
these large deals.

If the Rate & Currency Trading Desk is not notified of large deals prior to
1:30 P.M., the desk will hedge the interest-rate exposure the next day on a
best efforts basis.  On these deals, any resulting profit or loss in excess
of $20,000 will be passed back to the originating group by the trading desk.

We request that the book adminstrator advise Clara Carrington, 3-9224, and
the Traders should be advising Pushkar Shahi, 3-9199, or Ellen Su, 3-5256, on
the Rate & Currency Trading Desk.  Europe should contact Shane Dallman,
3-4997. in the London office.

Ellen has put together some guidelines which you can share with your traders
regarding the sizing for large deals.   This is included below.

Your cooperation is appreciated.
Sheila

Guidelines:
The following is a guide to the profit/loss levels in various tenors that
would require notification of the interest-rate desk.

Tenor  Notional Cash Flows
2y  30,000,000
3y  20,000,000
5y  15,000,000
10y  10,000,000
15y  7,000,000
20y  5,000,000

Please remember that these amounts are not cumulative.  Each bucket needs to
be evaluated alone, and then aggregated.  For example, if you had a -30mm
notional cash flow in the 2-year bucket and it is offset by a +30mm notional
cash flow in the 20-year bucket, the result would still be very significant
as the net long cash flow position would still be around +25mm 20-year cash
flows.

As always, if you are ever unsure, we are more than happy to look at
deals/curve changes to determine significance.  Thanks.

Ellen Su
(713) 853-5256


i went to get the tix this morn and couldnt get them.  i'll probably go to
dinner.   sorry

"Jennifer White" <jenwhite7@zdnetonebox.com> on 04/11/2001 08:42:45 AM
To: john.arnold@enron.com
cc:
Subject: tonight

So do your plans for tonight involve business or pleasure?

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