Hi Mark,
 As promised. FYI
 See you tomorrow morning.

Best Regards,

HHK

---------------------- Forwarded by Harvey Kaura/EWC/Enron on 03/20/2002
08:35 PM ---------------------------

Keith Warner
03/19/2002 04:48 PM
To: Harvey Kaura/EWC/Enron@ENRON
cc:

Subject: SCADA Inconsistencies @ Mill Run

---------------------- Forwarded by Keith Warner/EWC/Enron on 03/19/2002
05:14 PM ---------------------------

Phil Waddell
03/19/2002 02:32 PM
To: Keith Warner/EWC/Enron@ENRON, Marion Horna/EWC/Enron@ENRON
cc: Joe Thorpe/EWC/Enron@Enron, Kevin Cousineau/EWC/Enron@ENRON, Dave
Schulgen/EWC/Enron@ENRON, Dan Lindquist/EWC/Enron@Enron, Jeff
Maurer/EWC/Enron@ENRON, Mike Messier/EWC/Enron@ENRON

Subject: SCADA Inconsistencies @ Mill Run

Hi Keith,
Please review the following request from Mr. Verkleeren.

Inconsistencies with the grid downtime numbers at Mill Run.
Frequent PMT circuit breakers trip events.
 The Mill Run site had an event on 03/17, prior to the inclement weather,
where pad's 1,3,5,6,7&8 had the PMT circuit breakers open @ approximately
0900  but did not have any component failures and did not trip the SEL.

Per our conversation and the follow-up E'mail on 3/18, Zilkha is looking for
a report on the steps taken to minimize the low gearbox oil pressure faults.

Best regards,

Philo

---------------------- Forwarded by Phil Waddell/EWC/Enron on 03/19/2002
01:06 PM ---------------------------

"Gary Verkleeren" <GVerkleeren@zilkha.com> on 03/19/2002 11:48:15 AM
To: <phil.waddell@enron.com>
cc: "Rick Winsor" <rwinsor@zilkha.com>, "Mark Haller" <mhaller@zilkha.com>

Subject: SCADA Inconsistencies @ Mill Run

Philo,

After exporting and reviewing Mill Run SCADA data (Monthly Production file)
for the running month, I observed several inconsistencies between turbines
that do not make sense.  Specifically, for the grid downtime realized over
the weekend (a result of the ice storm) which you had the pleasure of sharing
with me, there was a total of approximately 14 hours of grid downtime.  The
downtime began at 1930 on 3-17-02 and essentially ran until 0930 on 3-18-02.
During this time I closed the breaker restoring grid power to the site at
2345 only to have the site trip again within the next 15 minutes. (This can
clearly be seen by viewing the attached text file and looking at the line
voltages, VA, VB, VC).

The grid downtime calculated and reported on the Monthly file for turbines #
2, # 4 and # 7 is not even close to being correct.  Please review the
attached excel spreadsheet generated from exported SCADA data as
verification.  All of the other turbines are somewhat close to calculating
the downtime correctly but there are still certain mysteries with those as
well.  As you are aware, nearly all of the main circuit breakers tripped at
Mill Run at approximately 0930 on 3-17-02, this likely partially explains why
there is some variability between grid downtimes being recorded.  I say this
because a total loss in power to the turbine is realized in this event and
SCADA probably cannot differentiate between a main circuit breaker trip and a
grid loss.

I am requesting an explanation for the inconsistencies noted between grid
downtime allocations per turbine as calculated by Visupro/SCADA.  As a
reminder, I am also looking for a report summarizing the measures taken to
correct the low gearbox oil pressure faults, and feedback on why main circuit
breakers are operating at both Mill Run and Somerset.  The main circuit
breakers were intended to be an added safety/protection feature and I was
lead to believe that they would not operate on a regular basis.  The main
circuit breakers are tripping frequently, this suggests a possible safety
concern and warrants immediate attention.

I look forward to your response

Best Regards,

Gary

 <<MR SCADA 3-1-02 thru 3-18-02.xls>>
 <<MR SCADA 3-1-02 thru 3-18-02.xls>>

Gary Verkleeren
Zilkha Renewable Energy
68 Braddock Drive
Ohiopyle, PA  15470

Office:  724 434-1542
Mobile: 724 554-0924
Fax:  724 434-1543

 <<MR SEL DATA 3-17-02 to 3-18-02.txt>>
 - MR SCADA 3-1-02 thru 3-18-02.xls
 - MR SCADA 3-1-02 thru 3-18-02.xls
 - MR SEL DATA 3-17-02 to 3-18-02.txt


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http://nationaljournal.com/members/buzz/scene.htm

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As discussed

 -----Original Message-----
From: 	Zisman, Stuart
Sent:	Monday, February  4, 2002 11:21 AM
To:	Meyer, Chris
Subject:	FW: cipco

 -----Original Message-----
From: 	Parks, Joe
Sent:	Monday, February 04, 2002 11:14 AM
To:	Zisman, Stuart
Subject:	cipco


Attached is PIRA's extended Daily Demand Report.

Please contact Morris Greenberg and Victoria Watkins for more information
regarding these reports at [mailto:morris@pira.com] and
[mailto:vwatkins@pira.com], respectively. For distribution requests, contact
John Graziano at [mailto:jgraziano@pira.com]. We can all be reached at (212)
686-6808.

 - ed042401.pdf
 - ed042401.xls


HELLO,
	PLEASE FIND ATTACHED A DRAFT R/T ETAGGING PROBLEMS & SOLUTIONS
DOCUMENT:
1) I HAVE PROMISED MARK HACKNEY & THE ISAS SUBCOMMITTE A COMPLETED DOCUMENT
BY COB 5/31/01.   SO, PLEASE RESPOND BY NOON ON 5/31/01.

2) IT IS MOST IMPORTANT THAT YOU TAKE THE TIME TO ADD NEW AND/OR MISSED
ETAGGING PROBLEMS.  IT IS CRITICAL THAT YOU SPECIFY THE DETAILS TO THE
PROBLEMS AND EVEN MORE DETAILS TO THE PROPOSED SOLUTIONS.

THANK YOU,
I SINCERELY APPRECIATE YOU WORKING WITH US!
SMILE - GLORIA
 <<RTSOLUTIONS.doc>>

 - RTSOLUTIONS.doc


Update from CERA

 -----Original Message-----
From:  webmaster@cera.com@ENRON
[mailto:IMCEANOTES-webmaster+40cera+2Ecom+40ENRON@ENRON.com]
Sent: Thursday, February 01, 2001 9:08 PM
To: insights@cera.com
Subject: Turning Off the Gas - CERA Alert

Title: Turning Off the Gas
URL: http://www20.cera.com/eprofile?u=35&m=2238

Storage withdrawals have slowed markedly in recent weeks, attributable to both
losses of demand and warm weather. CERA estimates that storage withdrawals for
January have averaged approximately 18.0 billion cubic feet (Bcf) per day.

* End-of-winter inventories are expected to be near 600 Bcf.

* Prices must remain high to keep demand off of the market.

* There is still potential for weather-related volatility.

**end**

Follow above URL for full report.

*********************************************************
Come Shoot the Rapids with us at CERAWeek2001, "Shooting the Rapids:
Strategies and Risks for the Energy Future" in Houston, February 12-16, 2001!
For more information and to register, please visit
http://www20.cera.com/ceraweek/
*********************************************************

E-mail Category: Alert
CERA Knowledge Area(s): North American Gas,

**********************************************************************
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Copyright 2000. Cambridge Energy Research Associates


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January 26, 2002

QUOTE OF THE DAY

"I am disappointed in Yasir Arafat."

PRESIDENT BUSH

NATIONAL

U.S. Identifies a Canadian as Taker of Martyrdom Pledge

The Justice Department identified a Canadian citizen as the fifth suspected Al Qaeda follower who is said to have pledged himself to martyrdom.

Father in Killing at Hockey Rink Is Given Sentence of 6 to 10 Years

Thomas Junta, convicted of beating another father to death at a practice youth hockey practice game, was sentenced to 6 to 10 years in prison.

A Harvard Star in Black Studies Joins Princeton

K. Anthony Appiah resigned his position at Harvard University to accept an offer to join the faculty of rival Princeton University.

MORE NATIONAL NEWS

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INTERNATIONAL

President Assails Palestinian Chief on Arms Shipment

In his harshest comments yet on Yasir Arafat, President Bush suggested on Friday that the Palestinian leader was "enhancing terror."

Afghans Choose Panel for Organizing Crucial Grand Council

Afghanistan marked a political milestone on Friday with the announcement of a commission that will organize a grand council to choose the country's next government.

'Sleeper Cells' in Singapore Show Al Qaeda's Long Reach

Officials have been taken aback by Al Qaeda's ability to plant operatives in Singapore, one of the most tightly controlled societies in the world.

MORE INTERNATIONAL NEWS

BUSINESS

U.S. to Reconsider Agency Contracts in Enron Scandal

The Bush administration ordered federal agencies on Friday to consider dropping contracts worth more than $60 million a year with Enron and Arthur Andersen.

Blue Lights or Not, Martha Stewart Remains Calm

Kmart's bankruptcy has cast a cloud over the marriage that helped Martha Stewart escalate from suburban caterer to captain of her own merchandising empire.

Questions About Loans at ImClone

ImClone Systems, already facing an inquiry into whether it misled investors about the status of its cancer drug, made a surprising disclosure about its chief.

MORE BUSINESS NEWS

TECHNOLOGY

Amazon Looks for an Encore

Amazon is not pulling back from its initial vision. But has it learned enough from its  achievement so far to ensure its success?

Stop, Historians! Don't Copy That Passage! Computers Are Watching

Today's software market is flooded with programs designed to rout out copycats with maximum efficiency and minimum effort.

Ericsson's 2001 Loss Is First in 50 Years

Ericsson, the Swedish maker of telephone equipment, reported its first unprofitable year in half a century.

MORE TECHNOLOGY NEWS

POLITICS

U.S. to Reconsider Agency Contracts in Enron Scandal

The Bush administration ordered federal agencies on Friday to consider dropping contracts worth more than $60 million a year with Enron and Arthur Andersen.

Bush Calls for More Money for Border Patrols

President Bush said on Friday that he would propose spending $11 billion next year to protect the United States' borders from terrorist attacks.

Opponents Hope to Raise Doubts on Campaign Overhaul

Republican opponents of overhauling campaign finance legislation suggested they would seek to stoke doubts among lawmakers about changing the system under which they were elected.

MORE POLITICS NEWS

SPORTS

Capriati Rallies to Retain Her Title

Jennifer Capriati successfully defended her title at the Australian Open, beating Martina Hingis for the second straight year with a 4-6, 7-6 (7), 6-2 victory.

Waldorf Moves Up, Tryon to Move On

Duffy Waldorf was the clubhouse leader at   12 under par after second-round play, while Ty Tryon ended the day with virtually no chance to make the cut.

Fox Accepts Challenge of Reviving Panthers

John Fox, the Giants' former defensive coordinator, is the third head coach in the Carolina franchise's seven-year history.

MORE SPORTS NEWS

ARTS

The Women Behind the Masks of Hate

For a year, Kathleen Blee traveled America, seeking the ugly and the dangerous. Her findings will be published in "Inside Organized Racism: Women in the Hate Movement."

Kipling Knew What the U.S. May Now Learn

The notion of "White Man's burden," Rudyard Kipling's prescription for the United States as it began to rule the Philippine Islands, seems peculiarly relevant in thinking about the war in Afghanistan.

The Jupiter Orchestra Is a Lively Survivor

The scrappy Jupiter Symphony is no more, but the musicians associated with it have formed the Jupiter Symphony Chamber Players.

MORE ARTS NEWS

NY REGION

Accommodations, Next Door to Devastation

Managers of the Marriott Financial Center hotel are trying to provide hospitality within the perimeters of ground zero.

Vote Delayed for Boards of Schools

On Friday, state legislative leaders said they would postpone New York City's community school board elections for a year.

Many Voices, but Little Dialogue on Memorial for Trade Center Site

The two groups that are dealing with what to do with the former World Trade Center site are speaking two different languages.

MORE NY REGION NEWS

OP-ED

Enron for Dummies

By BILL KELLER

I know I should be outraged by the Enron scandal, but there's a lot I still don't get. For starters, what kind of company is Enron, exactly?

Captives and the Law

By ANTHONY LEWIS

The Bush administration has done well militarily   in Afghanistan, but it has badly fumbled the   question of justice for its captives.

State of the Union, Test of the President

By MICHAEL WALDMAN

President Bush must maintain support for the war while presenting a politically viable plan for  combating the recession at home.

MORE OP-ED  NEWS

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WPO MIND/BODY HEALTH SEMINAR
Tampa, Florida
April 17 - 21, 2001

This is your last chance to sign up for the WPO Mind/Body Health Seminar for
2001! Due to the popularity of the event, we decided to increase our maximum
attendance and we have just a few spaces left to fill.

Don't miss out on the opportunity to discuss health issues with some of the
most influential practitioners in alternative medicine and whole body
wellness! Get answers to some of today's hot topics such as the latest
anti-aging techniques, news on vitamins and herbal supplements and new
alternative healing methods on the market. You will also have the chance to
receive personalized guidance through one-on-one sessions with our
resources.

To register, just click on the attachment "Registration Form.doc" below,
complete the form and fax

to WPO with your credit card number for your deposit or mail it along with a
check.

For more information on the Mind/Body Health Seminar, contact Kristi Nowak,
WPO Event Manager, at knowak@wpo.org  or by phone at (703) 684-4933. We hope
to see you there!

(If you have already registered for this seminar, please disregard this
email.)

 <<registration form.doc>>
------------------------------------
Kristina M. Nowak
Event Manager
World Presidents' Organization
ph. 703/684-4933
fax 703/684-4955

 - registration form.doc


Rose,

FYI.  I wasn't sure you had this.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/19/2000 11:42
AM ---------------------------
From: Sheila Tweed@ECT on 11/12/2000 11:52 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: ESA Option attachment--Hopefully there won't be anything you need to
do here, but just in case.  Thanks!

----- Forwarded by Sheila Tweed/HOU/ECT on 11/12/2000 11:51 AM -----

	Lisa Alfaro@ENRON_DEVELOPMENT
	11/12/2000 10:00 AM

		 To: Sheila Tweed@ECT, Ben F Jacoby@ECT, Brett R Wiggs/SA/Enron@Enron, Lisa
Bills@ENRON, Terri Denning@Enron, Mary Cilia@Enron, Mary
Kimball/NA/Enron@Enron, Tracee Bersani@ECT
		 cc:
		 Subject: ESA Option attachment

Here is the attachment.  Sorry about that.
Sheila, please just email me your comments because I am not available this
morning.  I just wanted to send it out early.  Thanks


We are starting to collect data for April.  The attached survey drives your
costs from your activities to the commercial teams.  Please select your RCs,
and fill in the driver quantity for the requested driver for the month of
February. Please fill out the attached activity driver survey with April
numbers for your RC by end of day Thursday, May 4th.

If your group currently generates a standard report that captures the
surveyed data, please send the report to me, and put me on your recipient
list beginning next month.  This will eliminate your need to fill out this
survey every month.  If you would like us to collect this information from
someone within your team beginning next month, let me know.

Please contact me or Lisa Cousino x3-6343 if you are unable to complete the
survey within the allotted time.

Thanks,
Shari
3-3859


FYI,
Can a fix be made to get the whole scheduled number to appear on the confirmation maintenance screen?  These seems to happen on any point that is retrieved.
Thanks

Jerry  @ ext. 3-6167

<Embedded Picture (Device Independent Bitmap)>


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/14/2000
04:06 PM ---------------------------
From: Paula Corey@ENRON COMMUNICATIONS on 09/12/2000 09:26 AM
To: Vince J Kaminski/HOU/ECT@ECT, Richard Weeks/Enron Communications@Enron
Communications, Sheila Kahanek/Enron Communications@Enron Communications, Lou
Casari/Enron Communications@Enron Communications, Jeff Foster/Enron
Communications@Enron Communications
cc:
Subject: Re: FW: president elect

----- Forwarded by Paula Corey/Enron Communications on 09/12/00 09:29 AM -----

	Shirley_Keeney@eogresources.com
	09/11/00 06:40 PM

		 To: Paula Corey/Enron Communications@Enron Communications,
markessa@fbtc.net, otaku242@earthlink.net, jhk_sys@msn.com
		 cc:
		 Subject: Re: FW: president elect

Click on Lyrics; then select a candidate to get the words to the songs.
They will rap for you!  Very clever. I put
George and Bill behind the others - have fun!

Make sure to look at the words to the songs and enjoy!

(See attached file: JibJab (1).exe)
(See attached file: JibJab (1).exe)

 - JibJab (1).exe


Applications of Physics in Financial Analysis 2
Liege, Belgium
13 to 15 July 2000

The website for this conference is now available at
www.eps.org/apfa

For further details on all EPS conferences contact: Christine Bastian,
Conferences, European Physical Society, 34 rue Marc Seguin, BP 2136, F-68060
Mulhouse Cedex, France
tel +33 389 32 94 42 fax +33 389 32 94 49
email eps.conf@univ-mulhouse.fr

This conference is a Europhysics Conference.It is organised by the European
Physical Society and its division of statistical and non-linear physics.

 - att1.htm


Kay asked me to forward this document to both of you.  It has been converted
form Word Perfect to Word.


fyi
---------------------- Forwarded by Rick Buy/HOU/ECT on 05/22/2000 01:34 PM
---------------------------

John Sherriff
05/22/2000 01:21 PM
To: Rick Buy/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT, David
Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Doug
Rotenberg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Exmar Purchase Decision

I just got off the phone with Jeff Skilling to make my pitch for doing the
Exmar deal.  He said that he generally understands the logic of the deal but
simply
wants the risk management discipine applied to analzing the position (a
reiteration of what Rick Buy had said in our meeting today).  I would simply
ask Vince's team to take a quick look tommorow at valuing the ships as stand
alone positions with a guess at the volatility based on historical price
movements.   This would
be much easier than the Rainbow option approach and would allow us to roughly
look at the value of the options on the other two ships.  In other words we
could look at two ship  long positions with some implied volatilities and
also estimate daily VARs on the ships as if they were mark to market
(although I agree with David that we will not likely be able to mark the
ships because they will be treated as leases).

John

John
---------------------- Forwarded by John Sherriff/LON/ECT on 22/05/2000 19:05
---------------------------

Joe Gold
22/05/2000 18:58
To: John Sherriff/LON/ECT@ECT
cc:

Subject: Exmar Purchase Decision

John,

After spending a few minutes with our shipping experts in the coal and oil
groups, I have a slightly different angle on the Exmar LNG vessel decision.
I would ideally like to spend the time to analyse this purchase as we do
power and gas positions.  Unfortunately, we do not have that luxury and
sometimes, in absence of true analytics, the most rudimentary measures can
provide the best decision tools.  Here is how we would make the decision:

1)  Our shipping expert confirms that $140 million for a 135,000 ton ship
represents a good price relative to new build costs over the last three years
and that quotes have been trending up past that number recently.  He also
confirms that the current trough is the result of the default of several Far
East buyers and that new LNG orders and other ship building (cruise liners)
have reduced the over capacity.  His experience and historic analysis has
suggested that the pricing cycle for LNG ships lasts for a significant
period.  New efficiency measures should reduce new build prices (and allow
for a lower trough), but not by an extreme amount versus the $140 million
cost of this vessel.

Pierre normally likes to roll time charters; however, this is difficult in an
illiquid shipping market like LNG.  He would purchase this ship if the LNG
shipping book were his to manage.  He estimates the ship could be sold in a
distressed sale for $110 million and could be potentially time chartered on a
long term basis at a value of up to $200 million.

2)  Our development teams in Spain, Italy and Turkey have been trying to
solve the big question - gas.  In each country, the key to developing a
merchant plant is securing gas flexibility or at least securing negotiating
leverage with the monopoly gas supplier.  It is questionable whether or not
this decision will have an immediate impact on Arcos.  The plant's time line
and the realities of the LNG supply market may require that we commit to Gas
Natural before any source of 3 to 5 year gas can be secured.   The shear
threat of being able to bring spot or term LNG to these markets will improve
our negotiating leverage and/or allow us to create flexibility.  Going
forward, however, other potential plant opportunities in Spain, and elsewhere
in the Med region, may have the capacity to utilise these vessels.   I think
that this flexibility is worth at least $25 million to me.

3)  I would summarise:   Upside   $60 + $25 = $85 million
     Downside           ($30) + $25 =             ($5)  million

I would do it.

I will leave the rest to you.

Joe


Start Date: 3/8/01; HourAhead hour: 6;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030806.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 6 / Preferred:  27.43 / Final:  26.24)
  TRANS_TYPE: FINAL
  SC_ID: ARCO
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  UNIT_ID: CARBGN_6_UNIT 1
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 6 / Preferred:  42.80 / Final:  41.00)
  TRANS_TYPE: FINAL
  SC_ID: DELANO
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  UNIT_ID: PANDOL_6_UNIT
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 6 / Preferred:  14.80 / Final:  16.80)
  TRANS_TYPE: FINAL
  SC_ID: Wheelabrat
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  UNIT_ID: MARTEL_2_AMFOR
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 6 / Preferred:   2.00 / Final:   7.85)
  TRANS_TYPE: FINAL
  SC_ID: WheelSHAST
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  UNIT_ID: WSENGY_1_UNIT 4

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 6 / Preferred:  50.00 / Final:  47.57)
  TRANS_TYPE: FINAL
  SC_ID: ECTstSW
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_5000
  ENGY_TYPE: FIRM
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 6 / Preferred:  50.00 / Final:  47.60)
  TRANS_TYPE: FINAL
  SC_ID: ECTstCA
  MKT_TYPE: 2
  TRANS_DATE: 3/8/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_5001
  ENGY_TYPE: FIRM


Bill,

Marina and I took a sample of when we change Path 15 HA Con.  The sample covered Last Week in May and first
two weeks in April.  All the entries net added revenue to your book.

I know this is a little coy, but I suppose you don't care if it is in your favor.  If it is an expense, talk to you?

Apparently the trades are relieving Con on path 15.  That is probably you guys, right?

Let me know what you think.

Jim


George:

I will send it by e-mail.  Take care.   Mark


Computer & Online Law Section

		This is a REMINDER that the November 1, 2001 meeting of the
Computer & Online Law Section of the Houston Bar Association is coming up.

		The presentation will be given by Thomas D. Carmel, Conoco,
on Issues in the Creation of Information Security & Analysis Centers (ISACs)
and will be held at the Houston Center Club, 1100 Caroline St., Houston,
Texas, beginning at 12:00 Noon.

		The price for the program is $25 for members with
reservations; $27 for members at the door; and $30 for non-members.
Contact Mark T. Curry at (713) 759-0818 or e-mail him at Mtc@hwallp.com for
reservations.

		We look forward to seeing you there!

		No Show Penalty:  If you make a reservation, you are
expected to pay if you do not cancel by 2:00 p.m. on the Friday before the
seminar.  The Club bills the Section according to the number of reservations
and the Section cannot afford to cover costs of those who neither attend nor
timely cancel their reservations.

		E-Mail Address:  In order for us to update our database, if
you have not already done so, please provide your e-mail address to Jana
Woelfel at jana.woelfel@strasburger.com.


Another bit of positive news. It's easier to start at the bottom of the e-mail and read up.
	George, do we have any intelligence on the Carbontronics deal?

-----Original Message-----
From: Johnson, Christopher P. [mailto:CPJohnson@brobeck.com]
Sent: Tuesday, July 24, 2001 3:54 PM
To: Brownfeld, Gail
Cc: Mcclellan, George; Markel, Gregory A.
Subject: FW: Sempra tax rate

Gail:

Please see below.  We've been after Sempra for some time to produce info re
Sempra Energy's other Section 29 deals, and they have seemed "reluctant" to
produce the info.  I can understand why.  It's a little difficult to argue
that crushing coal disables you from getting tax credits when your corporate
parent is claiming tax credits from precisely that kind of operation.

I'll let you know as soon as we finally get the Carbontronics production out
of Sempra.

CPJ

Christopher P. Johnson
Brobeck, Phleger & Harrison, LLP
1633 Broadway
New York, New York 10019
(212) 237-2558
(212) 586-7878
cpjohnson@brobeck.com

-----Original Message-----
From: Martin, Keith [mailto:kmartin@chadbourne.com]
Sent: Monday, July 23, 2001 6:43 PM
To: 'Johnson, Christopher P.'
Cc: Markel, Gregory A.; Zeisler, Aaron M.
Subject: RE: Sempra tax rate

Chris,

	Sempra holds its interest in Carbontronics through Sempra Energy
Financial Corporation, its unregulated investment subsidiary.

	I have lost track of what the projects are doing, but when they were
originally put in service in 1998, the plan was to use as feedstock
"high-moisture, low-sulfur, low-Btu sub-bituminous coal" at two of the
projects, and a mix of coal fines or waste coal blended with whole coal at
the other two -- at least that's what we told the IRS in the ruling
requests.  The IRS ruling allows whole coal.  It says nothing about any size
limit.

Keith

-----Original Message-----
From: Johnson, Christopher P. [mailto:CPJohnson@brobeck.com]
Sent: Monday, July 23, 2001 4:31 PM
To: 'Martin, Keith'
Cc: Markel, Gregory A.; Zeisler, Aaron M.
Subject: RE: Sempra tax rate

Keith,

You mention below that Sempra wants to sell its interest in Carbontronics.
We learned in April that Sempra itself (as opposed to Sempra's subsidiaries)
has a direct syncoal investment, but we have been trying since then to get
Sempra to identify it for us.  I am assuming Carbontronics is it.  You have
previously described that project as a "crush and glue" project, which would
be a good thing for us, since that is what Sempra's sub is asserting does
not qualify for tax credits.  Do you have any other info re Carbontronics'
operations or Sempra's investment in it?

Thanks,

CPJ

Christopher P. Johnson
Brobeck, Phleger & Harrison, LLP
1633 Broadway
New York, New York 10019
(212) 237-2558
(212) 586-7878
cpjohnson@brobeck.com

-----Original Message-----
From: Martin, Keith [mailto:kmartin@chadbourne.com]
Sent: Friday, July 20, 2001 5:16 PM
To: 'gmarkel@brobeck.com'; 'cpjohnson@brobeck.com'
Subject: Sempra tax rate

Greg and Chris,

	As best we can tell, Sempra is not in a position currently to use
section 29 tax credits.  This is based on the following bits of evidence.

	1. A company cannot claim section 29 tax credits in years when it
pays no taxes or pays them under the alternative minimum tax (rather than
the regular corporate income tax).

	2. Section 29 credits cannot be carried forward.  A company must use
them or lose them.  The one exception is in a year when the company is on
the alternative minimum tax, the credit turns into a so-called AMT credit
and can be carried forward.  It must be used in that case in the first year
the company comes off the AMT.

	3. It appears from Sempra's 10-K that it was in a net operating loss
position in 2000.  The company shows "current" federal income taxes of -$8
million.  It also shows "deferred" federal income taxes last year of $207
million.  According to Morris Meltzer, tax director at PG&E's unregulated
affiliate, this means that the company had more book income than taxable
income last year.  The deferred tax liability reflects the taxes the company
expects to have to pay in the future as a result of this disparity.

	4. Sempra's 10-Q for the first quarter 2001 shows positive current
tax liability of $74 million.  However, Jack Casey, vice chairman of
Meridian Investments, told me that Sempra expects to be in a net operating
loss position for the year.  Meridian has been hired by Sempra to sell
Sempra's interest in the Carbonronics syncoal facilities.  I asked Casey why
Sempra wants to sell -- is it because it can't use the tax credits or
because it has soured on investing in syncoal projects given all the bad
publicity?  Casey said it cannot use the tax credits.

	In other news, the IRS has not budged on its plan to limit the
capacity of plants to which it issues rulings to absurdly low numbers.  The
industry has complained to the Treasury, and there have been discussions at
senior levels of Treasury and the IRS, but no reports back on where these
internal talks are headed.

	Detroit Edison has a meeting with the IRS on its ruling request next
Tuesday.  The IRS has said it will limit capacity at the DTE facility to
198,000 tons a year.

	I assume you saw the article last Thursday in the Wall Street
Journal about syncoal projects.  It was on the front page.  As far as I can
tell, all proposed sales of syncoal plants in the market are on hold.  This
is a consequence of the Wall Street Journal article and the impasse with the
IRS over capacity.  The industry is starting to think it may have won a
political battle earlier this year at Treasury, but lost the war.  The IRS
bureaucrats will have the final say.

	Joe Makurath, the IRS rulings group chief, said he is getting a
number of FOIA requests for documents about projects on which the IRS has
already ruled.  He said he intends to be liberal in releasing information.
There are rumors that the Wall Street Journal may be one of the
organizations seeking information and may be at work on a followup article.

	The IRS launched an audit of four projects in West Virginia and
Virginia that many people consider to be on the best end of the spectrum.
The projects already have rulings that they qualify for credits.  The IRS
appears to be gathering evidence to argue that they did not get into service
in time to qualify for tax credits or else that the projects failed to
comply with the rulings.  It is sending out big guns from Chicago, and one
agent told the taxpayer that the IRS national office said "don't worry about
expense on this one."

	I will try over the weekend to give you my comments on the
deposition transcripts.  Sorry for the delay.  If you don't find them when
you come in on Monday, they will be first on my to-do list that morning.

Keith

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Attached FYI is a memo prepared by IPPNY summarizing a NY Court of Appeals (NY's highest court) decision issued last week that could impact environmental reviews of projects that are smaller than 80 MW and thus not subject to the State's siting law. As noted by IPPNY, the impact of this court ruling could be to delay the environmental review and thus the permitting time for these smaller plants.  In other generation-related developments, the NYS Siting Board last week approved the Astoria Energy project. This is a 1,000 MW natural gas-fired combined-cycle facility to be loacted in Astoria, Queens, New York City. The plant is estimated to go in service the 3rd quarter of 2004. This brings to over 1600 MW the amount of new in-city generation recently approved by the State Siting Board, on top of the 400 Mw\W added this past summer by the NY Power Authority.
-----Original Message-----
From: Vanessa Anctil [mailto:Vanessa@ippny.org]
Sent: Monday, November 26, 2001 3:25 PM
To: IPPNY Members 2
Cc: Carolyn Brown
Subject: Member Alert #48-2001 - Court of Appeals issues Potential Setbackto SEQRA Generators In NYPA Turbine Ruling

Member Alert #48-2001
November 26, 2001

Court of Appeals issues Potential Setback to SEQRA Generators In NYPA Turbine Ruling

On November 20, 2001, the New York State Court of Appeals denied a motion by the New York Power Authority ("NYPA") for leave to appeal a Appellate Division decision, Uprose v. Power Authority of State of New York, requiring the preparation of an Environmental Impact Statement ("EIS") for its installation of 10 GE LM6000 turbines at several sites in New York City.  (IPPNY's brief supporting NYPA's motion was accepted by the Court.)  The impact of the ruling may be to delay the environmental review for projects evaluated under the State Environmental Quality Review Act ("SEQRA").

The Court of Appeals, the State's highest court, did not affirm the Appellate Division's decision, it merely declined to consider the appeal, which was discretionary.  The decision is binding only in the courts of the 2nd judicial department, which includes Long Island and Westchester, although courts in other areas of the state may rely on the case for guidance.

Prior to the lawsuit, NYPA issued a negative declaration of potential significant impact with regard to the turbine projects, a SEQRA prerequisite to proceeding without preparing an EIS.  The Appellate Division decision required that NYPA prepare an EIS by January 31, 2002 because NYPA's analysis of particulate matter 2.5 ("PM2.5"), which relied on an evaluation of PM10 as a proxy, was insufficiently detailed to support a negative declaration.

The potential impact for new generation projects is that applicants proposing power plants under 80 MW, which are subject to SEQRA, may be required to prepare an EIS.  A State agency may still be able to issue a negative declaration, and thus avoid the requirement to prepare an EIS, if an applicant demonstrates in its Environmental Assessment Form ("EAF") that there is no potential for adverse environmental impacts from PM2.5.  However, as a result of the Uprose decision, the applicant may not be able to make this demonstration by relying on a PM10 proxy analysis.  If the demonstration cannot be made that PM2.5 will not have a potential adverse environmental impact, the agency must make a positive declaration, requiring the preparation of an EIS and associated public notice and participation.  Potentially significant delay could result from this process.

The Appellate Division decision should have little impact on Article X applications.  The Article X process supplants the SEQRA process.  Essentially, the Article X process requires the preparation of an EIS equivalent, wherein PM2.5 is analyzed.  At least one case, Consolidated Edison's East River Repowering Project, has addressed the PM2.5 issue.  In that case, the Department of Environmental Conservation ("DEC"), Department of Health, and the Department of Public Service agreed that the only applicable legal standard for PM2.5 is the PM10 proxy standard.  The Board on Electric Generation Siting and the Environment ruled that PM2.5 was not an issue in the case because it is within the purview of the companion DEC air permit proceeding.  A ruling distinguishing the Uprose case was made by the Commissioner of DEC.  Although the court found that the proxy analysis conducted by NYPA was not sufficiently detailed in the EAF to support a negative declaration under SEQRA in the Uprose case, the DEC Commissioner found in the East River case that the PM10 analysis will support the determination as to whether or not the proposed project complies with the PM2.5 standard.

In an unrelated development, the FERC last week issued two orders addressing issues related to market mitigation.  In its Order Establishing Refund Effective Date And Proposing To Revise Market-Based Rate Tariffs And Authorizations ("Market Rates Order"), FERC instituted a proceeding to investigate the justness and reasonableness of the terms and conditions of market-based rate tariffs and authorizations of wholesale generators.  FERC noted that it intends to revise all existing market-based rate tariffs and authorizations by adding the following language (which will be included in all new authorizations, as well):

"As a condition of obtaining and retaining market-based rate authority, the seller is prohibited from engaging in anticompetitive behavior or the exercise of market power. The seller's market-based rate authority is subject to refunds or other remedies as may be appropriate to address any anticompetitive behavior or exercise of market power."

FERC indicated that the refund effective date will be 60 days from notice of the Market Rates Order in the Federal Register.

In a second order, FERC announced that it will implement an industry-wide standard market mitigation measure that will address conditions of market shortage in which market power could be abused.  The surplus margin assessment ("SMA") tool will be employed by FERC to determine what entities possess market power.  The SMA will replace the FERC's existing "Hub-and-Spoke" methodology for determining whether an entity possesses market power.   Entities that fail the screen are required to sell uncommitted capacity into the spot market pursuant to a form of cost-of-service rates.  The SMA order expressly does not apply in New York, because FERC noted that it will not apply this new mitigation procedure in markets (including NY) where market mitigation plans have been approved by FERC.

Copies of the orders are available upon request.  If you have any questions, please don't hesitate to contact IPPNY.


ok good, let me know when you want to leave

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:45 AM
To:	Maggi, Mike
Subject:	RE:

DUH!!  I want company.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:44 AM
To:	Rybarski, Amanda
Subject:	RE:

let me know if you want company

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:44 AM
To:	Maggi, Mike
Subject:	RE:

I think we have to be there at 2:00. But I was thinking about leaving early to go shopping or eat or something.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:41 AM
To:	Rybarski, Amanda
Subject:	RE:

i think so, what time are you supposed to go

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:40 AM
To:	Maggi, Mike
Subject:	RE:

It's about your benefits and crap like that...You have to fill out all of these forms and stuff.  Did you get a packet of stuff to fill out?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:39 AM
To:	Rybarski, Amanda
Subject:	RE:

do you know what its about

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:39 AM
To:	Maggi, Mike
Subject:	RE:

Ok...I am pretty pissed off about having to go, but I don't want to get in trouble for not going.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:37 AM
To:	Rybarski, Amanda
Subject:	RE:

if you dont let me know

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:34 AM
To:	Maggi, Mike
Subject:	RE:

I don't know yet.  We'll just have to see.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:32 AM
To:	Rybarski, Amanda
Subject:	RE:

you too, so are you going to go to the meeting

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:32 AM
To:	Maggi, Mike
Subject:	RE:

I was thinking about that this morning on my way in.  You look really nice today!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:30 AM
To:	Rybarski, Amanda
Subject:	RE:

i dont realy think so but what do i know, by the way its a really ugly day out there

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:27 AM
To:	Maggi, Mike
Subject:	RE:

I thought we had to go?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 24, 2002 9:26 AM
To:	Rybarski, Amanda
Subject:	RE:

i dont know are you?

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 24, 2002 9:11 AM
To:	Maggi, Mike
Subject:

Are you going to that lame ass orientation today at the Houstonian?


Interesting
-----Original Message-----
From: Burum, Claire (GulfSouth) [mailto:claire.burum@gulfsouthpl.com]
Sent: Tuesday, October 23, 2001 12:03 PM
To: Corman, Shelley
Subject: texas gas tries one more time -- modified cash pool filing

UNITED STATES OF AMERICA
	FEDERAL ENERGY REGULATORY COMMISSION

Texas Gas Transmission Corporation   				Docket No.
RP01-278-002

	NOTICE OF COMPLIANCE FILING

	(October 22, 2001)

Take notice that on October 17, 2001, Texas Gas Transmission Corporation
(Texas Gas) tendered for filing as part of its FERC Gas Tariff, First
Revised Volume No. 1, the  following tariff sheets to become effective
October 1, 2001:

                                Primary
                                Third Revised Sheet No. 181
                                Third Revised Sheet No. 182
                                Third Revised Sheet No. 183
                                Sheet No. 184 (reserved)
                                Second Revised Sheet No. 185

                                Alternate
                                Alternate Third Revised Sheet No. 181
                                Alternate Third Revised Sheet No. 182
                                Alternate Third Revised Sheet No. 183

Texas Gas states that this filing is being submitted in compliance with the
Commission's Order issued on September 19, 2001 in the above-referenced
docket.  As directed, the tariff sheets removed  the daily  high/low index
price for cash-out.  In response, Texas Gas proposes to establish a
cash-out price based on a weekly high/low index price determined from the
weeks within the applicable month, plus the first week of the following
month.  The primary and alternate sheets require in-kind make-up  of
imbalances up to 2% and use the same index price  for  imbalances  above
5%.
However,  the primary sheets also propose to eliminate cash-out for all
imbalances up to  5%  by also requiring a mandatory in-kind make-up level
from 2% to 5% and by eliminating any use of the 100% price index for this
tier of imbalance.

Texas Gas states that copies of  the revised  tariff sheets are being mailed
to Texas  Gas's  jurisdictional customers and interested state commissions.

Any person desiring to protest said filing should file a protest with the
Federal Energy Regulatory Commission, 888 First Street, N.E., Washington,
D.C. 20426, in accordance with Section 385.211 of the Commission's Rules and
Regulations.  All such protests must be filed in accordance with Section
154.210 of the Commission's Regulations.  Protests will be considered by the
Commission in determining the appropriate action to be taken, but will not
serve to make protestants parties to the proceedings.  Copies of this filing
are on file with the Commission and are available for public inspection.
This filing may also be viewed on the web at http://www.ferc.gov using the
"RIMS" link, select "Docket#" and follow the instructions  (call
202-208-2222 for assistance).  Comments, protests and interventions may be
filed electronically via the Internet in lieu of paper.  See, 18 CFR
385.2001(a)(1)(iii) and the instructions on the Commission's web site under
the "e-Filing" link.

	David P. Boergers
	Secretary


What am I suppose to do?  I don't trade barrels of crude and is the dispute
regarding the price of crude on certain days or what?  I think this is an old
del that Fred Lagrasta did.


David:

In the midst of leaving my voice mail, I think I realized my error.
I believe that a guarantor can be a "corporation,....entity" having total
asssts exceeding $10million.  However, that subpart (I) guarantor cannot be
one that falls into the subpart (III) category (which is different from the
prior law).

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


Ok, I give up.  What's an estoppel letter?
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/24/2001 11:14
AM ---------------------------

Fred Mitro@ECT
04/24/2001 11:11 AM
To: Kathleen Carnahan/NA/Enron@Enron, Carlos Sole/NA/Enron@Enron, Kay
Mann/Corp/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT

Subject: Land Options - Estoppel language

Given the challenges that Carlos and I are currently encountering while
trying to obtain an estoppel letter from our Illinois landowner (Bob
Konicek), I believe that it makes sense on all our future land option
agreements to include language obligating the Seller to provide such letters
at our request.  This language could be easily included in the cooperation
section of the agreement and would likely go unnoticed or unchallenged by the
Seller.  It would simplify the site monetization process and avoid the Seller
being able to extract value from us in exchange for providing such a letter.

Fred


I agree with much of what Jeff has written.  Here are some additions -

On FERC getting a lot right, look at the Order in relation to our 4 key
points filed in the White Paper -
Removing Market Transparency - Still need FERC to take action
Development of Forwards Market and Risk Management - Great results
Removing distortions on Prices - Wrong action
Ending Cal ISO / Cal PX Stakeholder Boards - Great results

On the risk management issue, FERC itself said "The single most important
remedy that California market needs is the elimination of rules that prevent
market participants from managing risk". [FERC PRESS RELEASE]

ADD - FERC Staff did a great job on preparing a detailed analysis of the
market issues.

	Jeff Dasovich
	Sent by: Jeff Dasovich
	11/01/2000 01:17 PM

		 To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron,
skean@enron.com, Joe Hartsoe/Corp/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Tim Belden/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT,
Susan J Mara/SFO/EES@EES, Mona L Petrochko/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, mpalmer@enron.com, Karen Denne/Corp/Enron@ENRON,
David Parquet/SF/ECT@ECT, Paul Kaufman/PDX/ECT@ECT
		 cc:
		 Subject: Message Points

Here are the messages as I understand them.  Please let me know if I've
misconstrued anything.  Thanks.

FERC got  a lot right in the order and we're very encouraged as a result.
In particular, ending the PX buy/sell requirement and permitting utilities to
manage risk through a portfolio of short and long term contracts is a
fundamental step in the right direction.
However, the proposed price cap is unworkable and will jeopardize realibility
in California.  As structured, it will:
discourage the development of new generation to serve California
fail to provide adequate incentives for demand responsiveness.
force Enron to abandon 300 MWs of new power projects planned for California.
We look forward to participating in FERC's process and are hopeful that
FERC's final order will fix the deficiencies in the current price cap
proposal.
We encourage California to work with FERC to implement the proposals and
quickly fix the flaws in the market on behalf of the state's consumers.


(See attached file: clcot051101.pdf)(See attached file: ngcot051101b.pdf)

______________________________________________________________________________
_______________________________________________________

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diffusion ou toute publication, totale ou partielle, est interdite, sauf
autorisation expresse.

L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS
(et ses filiales) decline(nt) toute responsabilite au titre de ce message,
dans l'hypothese ou il aurait ete modifie.

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addressees and are confidential. If you receive this message in error, please
delete it and immediately notify the sender.

Any use not in accord with its purpose, any dissemination or disclosure,
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The internet can not guarantee the integrity of this message. BNP PARIBAS
(and its subsidiaries) shall (will) not therefore be liable for the message
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______________________________________________________________________________
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 - clcot051101.pdf
 - ngcot051101b.pdf


that is fine, as long as you know how to find it.  did you make reservations
for dinner yet?

"K. Bass" <daphneco64@bigplanet.com> on 09/19/2000 09:33:09 AM
Please respond to "K. Bass" <daphneco64@bigplanet.com>
To: Eric.Bass@enron.com
cc:
Subject: Re: UT game

Hi Eric,

Dad suggested that we meet at the hotel on Friday and stop at Katy Mills on
the way home on Sunday.  What do you think?  Let me know what time you
expect to arrive in Austin.  You will probably get there before us so just
leave a message at the desk or call us on the car phone.  Have a great day.
We look foward to spending the weekend with you and Shanna.  LU-M
----- Original Message -----
From: <Eric.Bass@enron.com>
To: <daphneco64@bigplanet.com>; <lwbthemarine@bigplanet.com>
Cc: <Jason.Bass2@COMPAQ.com>
Sent: Tuesday, September 12, 2000 9:32 AM
Subject: UT game

> I just though you would be interested in knowing that the UT game that you
> are going to will be at 6 pm.
>
> http://www.texassports.com/fbo/fbc/2000schedule.html
>


---------------------- Forwarded by John J Lavorato/Corp/Enron on 05/26/2000
09:16 AM ---------------------------

Richard Shapiro@EES
05/24/2000 01:30 PM
To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:

Subject: Molson ad

Thought you would enjoy- hopefully you can open.
---------------------- Forwarded by Richard Shapiro/HOU/EES on 05/24/2000
01:29 PM ---------------------------

Rodney Reagor <rodney@reagor.com> on 05/24/2000 10:29:30 AM
To: rshapiro@enron.com
cc:
Subject: Molson ad

The ad is attached.

Rodney - molson-canadian-i-am.mov


Enron's Image 2000 Video is Now Available

We think you will like Enron's new corporate image video, which can be used
for employees, customers, suppliers, government officials, and other
audiences who want to know about Enron.  The video features Ken Lay, Jeff
Skilling and Joe Sutton who discuss four key business initiatives:
broadband; wholesale energy; energy outsourcing services and EnronOnline.
The look and feel represents our people, culture and new branding.

MooreSource has a large supply of standard VHS (also known as NTSC) copies,
which is the format used in the U.S. and some international locations, and
copies in PAL, which is the format used in the U.K. and in most European
locations.  There also are special PAL formats (PAL-M and PAL-N) available
for locations in South America.

You may use the order form below or, for those of you who prefer to order
electronically, you may do so from MooreSource using the following item
numbers.  If you aren't familiar with MooreSource, please go
tohttp://home.enron.com:84/imgctr/ and click on the MooreSource button.
Instructions for ordering will be provided there.   If you have questions
about using MooreSource, contact Michael Shea at 713/853-5418.

Order a copy today.

Item #  Description    Price
43162  Image Video-VHS   $4.25
43163  Image Video-PAL   $8.25
43164  Image Video-PAL/M   $15.00
43165  Image Video-PAL/N   $15.00


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/20/2000
08:27 AM ---------------------------

"NW on Linux" <Linux@bdcimail.com> on 04/20/2000 04:56:38 AM
Please respond to "Linux Help" <NWReplies@bellevue.com>
To: <vkamins@enron.com>
cc:
Subject: Getting embedded with a penguin

NETWORK WORLD FUSION FOCUS: PHIL HOCHMUTH
on LINUX
Today's focus: Getting embedded with a penguin
04/19/00

Dear Wincenty Kaminski,

Announcing FREE, LIVE webcast with John
Gallant!

Introducing, "The Networked World," a FREE monthly webcast that
features Network World's John Gallant going head-to-head with network
industry movers and shakers. Premieres May 5 at 1:00 p.m. ET. Register
now at:
http://www.itworld.com/itwebcast/nw
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Copy and paste URLs that break in two lines and remove extra spaces.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Today's focus: Getting embedded with a penguin
---------------------------------------------
By Phil Hochmuth

Linux may be red-hot as a server operating system, but it's also
creating some heat in the embedded operating system market.

Developers have been putting Linux on small devices and cramming the
operating system into a space the size of a SIMM for some time, but
embedded versions of the operating system are on the verge of coming to
mainstream devices, such as slimmed-down Internet clients, handheld
devices and network appliances.

One of the major markets for embedded Linux systems lies in e-business
and enterprise networks. Last fall, Red Hat bought Cygnus Solutions,
which develops embedded Linux tools and embedded operating systems,
creating the biggest open-source company in the world. The merger
brought together the Red Hat development team's expertise in the
operating system (they are the leading Linux distribution company) and
the unique gadget-related technology of Cygnus, such as its embedded
configurable operating system (eCos), embedded Linux tools and
application programming interfaces.

Last month, Red Hat began offering eCos as its own product, coinciding
with the release of Red Hat Linux 6.2. Red Hat is banking on Linux to
emerge as the standard technology in enterprise handheld and server
connectivity. The leaders in server and handheld operating system
development are currently Microsoft and Palm Computing, but Red Hat
proclaims that having the same core operating system running on the
front and back ends of these post-PC, wireless handheld network
environments will lead to better performance and scalability. With
Linux running on the client and the server, business applications will
come to market more quickly as software can be written once for server
applications, then only slightly modified for compatibility for the
wireless handheld client, Red Hat says.

Lineo, of Lindon, Utah, has also made strides in embedded Linux
technology development recently. Lineo currently offers its own
embedded Linux distribution, Embedex, in addition to the Embedex
Browser - an embedded, graphical user interface-based microbrowser
and a software development kit. The Embedex operating system, browser
and development kit are aimed at the handheld and information appliance
markets. Lineo is currently compatible with X86 and PowerPC processors
and runs on less than 4M bytes of RAM and 2M bytes of read-only memory
or flash memory. The company last week announced a new development
partnership with MIPS Technologies, so look for embedded Linux running
on the MIPS architecture in the near future.

Also on the embedded bandwagon is Pennsylvania company Neoware Systems,
which just announced its NeoLinux embedded Linux distribution based on
Red Hat's Linux distribution. The company is offering NeoLinux for
small handheld devices but is focusing more on "information
appliances" - that is, network devices dedicated to a single task such
as firewalls, routers and security devices. To complement its own Linux
distribution, Neoware has also released its own hardware to run
NeoLinux - the Eon Anything Box - which lets users configure the
hardware to act as a variety of network devices.

With all these various flavors of embedded Linux sprouting up, embedded
system and network device companies recently formed an industry board
to help the technology's development. Created in March, the Embedded
Linux Consortium (ELC) - http://www.embedded-linux.org - comprises over
two dozen companies that specialize in embedded system hardware,
software and Linux, including Red Hat, Motorola and IBM. The goal of
the group is to spur "the advancement of Linux-based solutions in
embedded applications," the ELC says.

As information appliances, thin servers and handheld devices become
more prevalent in the enterprise, it appears that Linux will be a big
part of the post-PC networking era. As a result, network managers will
need to become more familiar with what makes these embedded devices
tick and with trends in the embedded Linux industry.

To contact Phil Hochmuth:
-------------------------
Phil Hochmuth is a writer and researcher for Network World, and
a former systems integrator. You can reach him at
mailto:phochmut@nww.com.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FOR RELATED LINKS -- Click here for Network World's home page:
http://www.nwfusion.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Red Hat:
http://www.redhat.com

Lineo:
http://www.lineo.com

Neoware:
http://www.neoware.com

Learn more about embedded Linux in general at the official embedded
Linux portal:
http://www.linuxdevices.com

Read white papers on Red Hat's embedded technology:
http://www.redhat.com/support/wpapers/cygnus_whitepapers.html

Archive of Network World Fusion Focus on Linux newsletters:
http://www.nwfusion.com/newsletters/linux/

Other Linux-related articles from Network World:

Rackspace offers customized Web servers, Network World, 04/17/00
http://www.nwfusion.com/archive/2000/93083_04-17-2000.html

May We Send You a Free Print Subscription?
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Network World Fusion is part of IDG.net, the IDG Online Network.
IT All Starts Here:
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Copyright Network World, Inc., 2000


claendar
----- Forwarded by Steven J Kean/NA/Enron on 12/11/2000 08:19 AM -----

	Andria Stevens@EES
	12/08/2000 05:41 PM

		 To: Thomas E White/HOU/EES@EES, Steven J Kean/NA/Enron@Enron, Robert K
Jones/NA/Enron@Enron, Dan Leff/HOU/EES@EES, Kevin Hughes/HOU/EES@EES, David
Oxley/HOU/ECT@ECT, Karen S Owens@ees@EES, Mark S Muller/HOU/EES@EES, Vicki
Sharp/HOU/EES@EES, Elizabeth Tilney/HOU/EES@EES, Ray Bennett/HOU/EES@EES,
Larry Burton/HOU/EES@EES
		 cc: Karen Owens/HOU/EES@EES, Maureen McVicker/NA/Enron@Enron, Norma
Yeverino/HR/Corp/Enron@ENRON, Kathy Dodgen/HOU/EES@EES, Cathy
Corbin/HOU/EES@EES, Kay Chapman/HOU/ECT@ECT, Judy G Smith/HOU/EES@EES, Leasa
Lopez/HOU/EES@EES, Ruth Ann Brown/HOU/EES@EES, Leslie D
Dever-McCauley/HOU/EES@EES
		 Subject: Friday, December 15, 2000 interview with Kalen Pieper

I have attached the interview schedule/evaluation form and resume for the
Friday, December 15, 2000 interview with Kalen Pieper for the Vice President,
Human Resources position # 106788. Please let me know if this schedule
conflicts with any new appointments, as soon as possible.

Thank you,

Andria Stevens
EES Human Resources


Greg,

I wanted to check with you quickly regarding taking a month-long position in August.  I would like to buy a piece of NP, sell a piece of SP, and sell PV. I believe that value exists in taking these positions into the real-time market throughout August.  NP and SP are currently trading near flat.  I think the potential for real-time congestion revenue(RT has seen approximately $250,000 so far this month) across constrained paths in California makes this a low risk way to generate value in a low liquidity market. I have discussed a month long short at PV with Tom Alonso. While I recognize the rest of the desk has a position, I think RT can generate good value liquidating in the shoulder hours beyond what could be generated by just filling dailies because of the current price levels.  This also represents a relatively low risk trade (under $10 downside).  I also would like to use these positions as a basis in hourly EOL trading as well.  If you have concerns or questions please let me know, otherwise I will put these positions on over the next week.

Thanks,
Bill


Check against functional income statement and Co 366 schedules
---------------------- Forwarded by Tracy Geaccone/GPGFIN/Enron on 01/31/2001 02:39 PM ---------------------------

Caroline Barnes
01/31/2001 12:50 PM
To:	Tracy Geaccone/GPGFIN/Enron@ENRON
cc:

Subject:	ETS 2001 Allocations

FYI - cvb
---------------------- Forwarded by Caroline Barnes/FGT/Enron on 01/31/2001 12:49 PM ---------------------------

Jan Ding
01/31/2001 12:39 PM
To:	Caroline Barnes/FGT/Enron@ENRON
cc:	Kerry Roper/GPGFIN/Enron@ENRON, Michael S Galvan/HOU/ECT@ECT

Subject:	ETS 2001 Allocations

Attached is a file which contains the IT Infrastructure 2001 charges split by pipeline.  You will note I have added two line items: Telephone direct and Market Data direct.  These represent charges which will be billed based on actual usage and will post to the applicable cost center(s) which incurred the usage to the EIS general ledger account.  The numbers reflected in the attached file for these items are our estimate only.  If you would like to plan a different estimate, that is your call for your BU.  The remaining line items are for the items which will be billed via an SAP assessment based on the agreed plan amounts.  Please contact Kerry or me if you have questions.

Thanks,
Elise


FYI

> -----Original Message-----
> From: Tessicini, Mark
> Sent: Wednesday, December 20, 2000 4:18 PM
> To: Asselin, Jacques
> Subject:
>
>  <<Charges for Out Service.xls>>

 - Charges for Out Service.xls


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/16/2001 10:50 AM -----

	"Daniel Douglass" <Douglass@ArterHadden.com>
	03/16/2001 10:43 AM

		 To: <Barbara_Klemstine@apsc.com>, <Vicki_Sandler@apses.com>,
<berry@apx.com>, <dcazalet@apx.com>, <billr@calpine.com>,
<jackp@calpine.com>, <Ken_Czarnecki@calpx.com>, <gavaughn@duke-energy.com>,
<rjhickok@duke-energy.com>, <gtbl@dynegy.com>, <jmpa@dynegy.com>,
<jdasovic@enron.com>, <susan_j_mara@enron.com>, <Tamara_Johnson@enron.com>,
<curt.Hatton@gen.pge.com>, <foothill@lmi.net>, <camiessn@newwestenergy.com>,
<jcgardin@newwestenergy.com>, <jsmollon@newwestenergy.com>,
<rsnichol@newwestenergy.com>, <nam.nguyen@powersrc.com>,
<Curtis_L_Kebler@reliantenergy.com>
		 cc: <bzycher@rand.org>
		 Subject: Fwd: CA Power Crisis -- Washington Post Op-Ed

A great op-ed piece from Daniel Yergin.

Dan
----- Message from "David Haarmeyer" <dhaarmeyer@CERA.com> on Fri, 16 Mar
2001 11:56:07 -0500 -----
To:	"'Bill Burke'" <wburke@iapartners.com>, "'Dan Donoghue'"
<dan.donoghue@stoneweb.com>, "'Dan Douglass'" <douglass@arterhadden.com>,
"'Dan Sullivan'" <daniel.sullivan@stoneweb.com>, "'Harald Jensen'"
<hjensen@enron.com>, "'Henri Fouda'" <henri_fouda@putnaminv.com>, "'Ikram
Elloumi'" <ielloumi@aol.com>, "'Lee Marc Wolman'" <leemarcg@aol.com>,
"'Marsha Lin'" <mrlin@netzero.net>, "'Ron Daigle'" <rcdaigle@wellmanage.com>,
"'rmcwhinney@aol.com'" <rmcwhinney@aol.com>
Subject:	CA Power Crisis -- Washington Post Op-Ed

 -----Original Message-----
From:   Kari Paakaula
Sent:   Friday, March 16, 2001 10:11 AM
To:     NAEP Team
Subject:        Washington Post Op-Ed
California in the Dark
By Lawrence Makovich and Daniel Yergin
Friday, March 16, 2001; Page A21
The common diagnosis of California's electric power debacle is wrong. The
state is not suffering from deregulation. Rather, it is afflicted by a
strange mutant ailment -- partial deregulation and now partial reregulation
-- that has produced a flawed market. California designed a market that
disconnected customers from prices and, at the same time, made it neither
profitable nor possible to build a new power plant. The result is a serious
power shortage.
Instead of fixing these flaws, the current policies from Sacramento are
moving California down the road to an expensive public power setup and higher
prices for consumers and businesses. And the shortage is going to get worse
this summer. Under typical weather conditions, the state could face as much
as a 10 percent shortfall in electric power during summer peak demand, which
will mean severe emergency conditions and periods of blackouts. The effect is
likely to be a big shock not only to the economy of California and to the
rest of the interconnected West but also to the bruised national economy.
Unlike other states that have successfully deregulated over the past few
years, California has made three crucial mistakes since the mid-1990s, when
restructuring of the power industry began.
The first is the political unwillingness to allow consumers to see real price
signals. The so-called "wholesale price" -- what utilities pay to generating
companies -- has been decontrolled, but the price consumers pay to the
utilities has not. Consumer prices are remain at 1996 levels, and Gov. Gray
Davis has promised to hold to his pledge of no rate increase. Although the
price of natural gas, which is used to make a large and rapidly growing share
of electricity in California, has increased dramatically, consumers would not
know that from their bills. Nor would they know that rain and snowfall
levels, on which California critically depends for hydropower, are at low
levels. As a result, the utilities have been in the perverse position of
selling power to their customers at much lower rates than they are buying
power from generators. That is why the utilities are now $13 billion in the
hole and teetering on bankruptcy.
Instead of letting customers see higher prices that reflect the realities of
supply and demand -- and then act accordingly -- the state is going to use
their tax money to advertise conservation. But 25 years of experience
demonstrates that promoting conservation without price signals is not very
successful. Instead of paying through their bills, Californians will be
paying through their taxes for various measures that will enable politicians
to say that they prevented electric power rates from going up.
As California drains electricity from its neighbors, residents of those
states are seeing their power bills go up by 30 percent or more. We calculate
that if rates in California rose by just 20 percent, a third of the shortage
could disappear in a matter of months. But instead, the state has embarked on
a course of passing higher costs along to consumers in neighboring states and
leaving the major bill to be paid by Californians themselves in decades to
come.
The second mistake in California is a failure to charge customers for
"capacity." Electricity, unlike other commodities, cannot be stored. If there
is a shortage of telephone equipment, the result is a busy signal --
frustrating but survivable. But when it comes to electric power, the
equivalent of a busy signal is a blackout, and that is unacceptable. Thus, a
well-functioning power system needs to pay generators to maintain adequate
capacity. That includes a reserve of capacity about 15 percent above expected
demand to cope with the unexpected -- whether it's a heat wave, a sudden
surge in economic growth or breakdowns in aging power plants. In contrast to
other states, California's scheme did not provide any incentive for
generating companies to add new capacity and maintain that kind of reserve.
The third mistake is the creation of monumental obstacles to siting and
granting permits to new facilities. California is one of the most difficult
places on earth to build a new power plant. The environmental permit process,
in contrast to other states, is complex, cumbersome and deeply discouraging
to would-be investors. Companies will spend three or four years to get
approval after approval -- and then find their proposal shot down by yet
another local group.
As a result of all this, no major new plants have been built in the state in
the past 10 years. Meanwhile, the California economy grew 29 percent over the
past five years. In the same time, its electricity consumption increased by
24 percent. The result was inevitable -- a shortage.
California is on the verge of making three more mistakes in dealing with the
power crisis. First, the state is signing badly designed long-term contracts
for electricity in the midst of a shortage. California cannot simply finance
the crisis forever into the future. This summer is likely to generate
billions of dollars in additional uncollected wholesale power charges, which
now appear likely to be on the state's books, to be paid over an untold
number of years.
The second mistake is the plan for a state takeover of the transmission wires
to provide a multibillion-dollar cash infusion into the state's three biggest
utilities in order to temporarily hold bankruptcy at bay. The prospect of the
state -- now the largest power purchaser in the market -- controlling the
physical infrastructure necessary for market interactions will have a
chilling effect on power investment. As a result, the state could well end up
having to assume the role of building new power plants in the future.
Third, a market breakdown this summer would add enormously to the pressure
for price caps on wholesale power. But even "temporary" price caps, because
of uncertainty over their duration and effect, would slow rather than
encourage new investment. Unfortunately, the state's current plans and
proposals divert attention from ways of fixing the problem and have
California on the path to an expensive and expansive public power authority.
The priority need is, first, to move very quickly to increase supply and
reduce demand, and to do so now, while the coming big shock is still a few
months away. Second, the flaws in the market should be fixed, taking
advantage of the positive lessons of deregulation from other parts of the
country. But that won't happen without political will -- and a surge of
realism.
Lawrence Makovich, senior director of Cambridge Energy Research Associates,
and Daniel Yergin, chairman, are co-authors of "Beyond California's Power
Crisis: Impact, Solutions, and Lessons."
, 2001 The Washington Post Company


I believe that we are in a position to cross one more agreement off our
list.  I had a conference call on Friday afternoon with Boyd Springer, Roy
Rodriguez (Peoples Commercial), Tim Hermann (Peoples Commercial), Mary
Klyasheff (Peoples Regulatory Counsel) and Gerry Fox (Peoples Regulatory
Counsel) to discuss Boyd's comments regarding the regulatory issues of the
Affiliate Master.  His comments and our recommendations are as follows:

1)  Boyd had initially questioned the need to file for approval due to an
exemption that exists for transactions conducted with Affiliates in the
ordinary course of business at standard or prevailing market prices.

There are two types of Affiliate transactions contemplated; a) simple
buy/sells at a clear market price (which will fall under the exemption and
don't need to wait for ICC approval ) and b) complex transactions with
sharing arrangements,  management fees or other similar structures (which
will not fall under the exemption and must wait for ICC approval).  Since ICC
approval must be sought for certain transactions, it is recommended that we
proceed with filing the Affiliate Master ASAP.

2)  Boyd had noted that as written the Affiliate Master becomes effective
upon initial approval of the ICC.  However, there is an appeal/rehearing
process for intervenors after initial approval and prior to final approval.
Therefore, there exists a remote possibility that we could begin transacting
under the Affiliate Master and not receive final approval.

After discussing this issue with Mary and Gerry, the probability is minimal
that such an event would occur as we will receive feedback from the ICC from
both the informal conversations prior to filing and throughout the process
prior to approval.  As such, it is recommended that the effective date as
written is acceptable.

3)  Boyd had indicated that the inclusion of the confidentiality provision
may add further complexity to the filing and may want to be avoided to ease
approval.

After discussing the issue further, it appears that the confidentiality
provision does add some complexity in the filing process in that additional
steps must be taken.  However, after the filing is made, the inclusion does
not add to the approval time in any measurable way.  Further, Peoples always
files its contracts under confidentiality and feels that this should be no
different.  Given that it will protect transactional information and does not
add any time to the approval process, it is  recommended that we include the
confidentiality provision as written.

In summary, unless there are any other concerns, we should proceed with
filing the Affiliate Master as currently written.  Jeff Hodge has already
reviewed, approved and initialed the Affiliate Master as to its transactional
content.

Prior to filing, Kathy Donofrio (V.P., Regulatory Affairs) will forward of
copy of the Affiliate Master to the ICC Staff followed shortly by a meeting
to discuss the impending filing and get any initial feedback that may affect
the filing.

Current expectations are that approval will take a minimum of four months.
For comparisons, Nicor currently has an Affiliate filing at the ICC that
began in May and is already postponed until October.  Further, the current
high priced gas environment has caught the attention of the ICC.  Although it
may mean the ICC will be very busy, it may also be an opportunity to get an
expedited approval if we can show the ICC that PGL/NS ratepayers will benefit
from the Affiliate Master.

Boyd - Please let us know if I have mistated any of the issues or if you
disagree with any of the recommendations as I would like to give Peoples the
green light today to proceed with the filing process.

Thanks,

GREGG


You're invited!

Come learn about the Jones Graduate School of Management at Rice University!  This is your opportunity to meet to meet with individuals from the Jones Office of Admissions, as well as with current students and alumni.

Date:  Monday, November 5, 2001

Time:  6:00 - 8:00 pm

Location:  ECN 5c2

Space is limited, so please email Constance Charles by November 1st to RSVP.

Thanks, and hope to see you there!


This request has been pending approval for  17 days and you are the
alternate.  Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000007876&Page=
Approval to review and act upon this request.

Request ID          : 000000000007876
Approver            : stinson.gibner@enron.com
Request Create Date : 11/20/00 2:36:29 PM
Requested For       : stewart.range@enron.com
Resource Name       : \\enehou\houston\common\Research - [Read/Write]
Resource Type       : Directory


Tracy-

Sorry - this email got lost.

Please coordinate through Colin or Keith.  Your best bet is Lisa Hobbs, Colin's most excellent assistant.

	Tracy Geaccone/ENRON@enronXgate 10/18/01 10:17 AM 	   To: Michael Anderson/HOU/AZURIX@AZURIX  cc:   Subject: FW: BUSINESS REVIEWS IN EUROPE END OF 1ST QUARTER, 2002

Do you want me to coordinate this through you or Keith Harris/Colin?

 -----Original Message-----
From: 	Stark, Cindy
Sent:	Thursday, October 18, 2001 9:17 AM
To:	Geaccone, Tracy
Subject:	BUSINESS REVIEWS IN EUROPE END OF 1ST QUARTER, 2002
Importance:	High

Good morning, Tracy!

Stan wants us to look at the week of May 6, 2002, to travel to Europe and meet with Colin's team(s) and Adam's team(s).   See if we can hit all the necessary sites within that one week time span.

I'll await to hear back from you.

Thanks!

Cindy Stark
Executive Assistant to Stan Horton
Tel:   713/853-6197
Fax:  713/345-7047
Cindy.Stark@enron.com


El Paso Puts Off Maintenance to Meet CA Demand

El Paso Natural Gas has decided to postpone what it called "routine"
maintenance projects on its system in order to maintain the flow of natural
gas into the California market to meet the surge in demand there. The higher
demand has been created by a shortfall in energy imports from the Northwest
region, which has been gripped by cold weather.

The pipeline deferred indefinitely two maintenance projects on the South
Mainline --- at Wenden Station in Arizona and the Wenden A turbine --- that
were scheduled to take place today and Friday. It also deferred indefinitely
work on the North Mainline at Hackberry 2 turbine in Arizona, which was to
have occurred Dec. 10-17.

If El Paso had gone forward with the maintenance projects, the company said
throughput would have been cut by about 150 MMcf/d on its South Mainline, by
50-75 MMcf/d on the Havasu Crossover, and by 80 MMcf/d on its North Mainline.

The maintenance work at the Wenden Station, which is located on the south end
of the Havasu Crossing, involved replacing batteries. "It has been agreed to
by our operations people that those batteries are still in decent enough
shape, [so] it's not a concern to continue running like this. And with the
throughput situation and high gas prices [in California], it's in everybody's
best interest that we not do this maintenance at this time," said Charlie
Mathis, an administrator for pipeline control at El Paso.

He estimated the El Paso system presently is running at 85-90% of the
throughput level it had prior to the explosion near Carlsbad, NM, last
August. That blast reduced the pipeline's operating capacity by 200 MMcf/d.

Mathis said about 1.2 Bcf/d presently is being delivered into California over
El Paso's South Mainline, and 1.5-1.7 Bcf/d is being delivered at Topock, AZ,
over its North Mainline.

In addition to the deferred maintenance projects, El Paso took a Waha GE
turbine off line last Sunday to investigate a vibration problem. That has
reduced capacity on the South Mainline by about 50 MMcf/d, said Mathis. He
noted the turbine is scheduled to be back in service Friday.

To offset the impact of the turbine outage on the market, El Paso decided to
put off until this weekend work it had planned to do on Line 1100 between the
Pecos River and the Guadalupe Stations --- a line that was affected by the
explosion last August. The line will be taken out of service Dec. 8 and
returned to service on Dec. 9, reducing the capacity of the South Mainline by
50 MMcf/d each day.

In the near term, El Paso is scheduled to run a smart pig through Line 3222
on its North Mainline on Dec. 12, which will reduce capacity out of the San
Juan Basin by about 50-100 MMcf/d, Mathis said. Pigging also is planned for
Line 3201, which will cut capacity by about 150 MMcf/d. The reductions will
affect points upstream of the Bondad Mainline and Gallup.

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


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To: vkaminski@aol.com
Subject:
Date: Tue, 15 Jan 2002 19:45:30 +0100
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2653.19)
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Hi Vince,

Happy New Year.

how are you? how was your Christmas?
how is everything going in Houston?

I am OK.
we went to Scotland over the Christmas.
I joined RWE trading at the beginning of January.
I am quite happy with my choise and I would like to establish myself here.

most people from Research in London either found jobs already or prepared to
wait until god opportunities come.

how are our guys in Houston doing?
what is going on with Vasant , Krishna and other guys?

many thanks,

Slava Danilov

RWE Trading UK Limited
130 Wood Street
London EC2V 6DL

Main switchboard        +44 (0) 20 7898 1930
Structured Products +44 (0) 20 7898 1944
Direct Line     +44 (0) 20 7015 5996
Mobile          +44 (0) 77 6789 5029
Email           viacheslav.danilov@rwetrading.com

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

Erleben Sie die neue RWE Online-Welt unter http://www.rwe.com


still have not heard news on timing of announcement.

Mark
---------------------- Forwarded by Mark Palmer/Corp/Enron on 08/18/2000
01:26 PM ---------------------------
From: Gail Baker/ENRON@Gateway on 08/17/2000 10:30 AM
To: Mark Palmer/Corp/Enron@ENRON, Scott Vonderheide/Corp/Enron@ENRON,
"SMTP:mpalmer@enron.com" <mpalmer@enron.com>@SMTP@Gateway,
"SMTP:svonderheide@enron.com" <svonderheide@enron.com>@SMTP@Gateway
cc:

Subject: Final Trojan Settlement Materials

Attached you'll find the final press materials for the Trojan settlement.
Please not the new "customer savings" number. This is the number CUB wants to
use.This uses 2.6% as the inflation rate the next decade, instead of the 9.6%
that was reflected in the $17.1 million dollar savings. Call me if you have
any questions. Thanks


Mog,

As requested, here is the Socal file.  Please keep this within the company,
as it represents a competitive advantage to Enron.
Thanks.

Mat


Bill,

When you say "roll into the new day", to which process are you referring?
Creating Customer Finals, etc.?

Some process is causing the "false finals" to be stored and it is that
process I must isolate in order to re-create and fix the bug.

Your help is greatly appreciated!

Pete

	From:  Bill Williams III                           01/10/2001 09:01 AM

To: Pete Davis/HOU/ECT@ECT
cc: Portland Shift
Subject: Re: Hour Ending 24 Bug

Pete,

This "bug" initiates as we roll into the new day, as for the exact time...we
will have to watch closely and get back to you on that.  The bug  or false
finals are an exact duplicate of the previous days finals for that schedule.
If the current day has a null value for HE 24, no new final will overwrite
the bug or false final.  Consequently we are left with false finals that have
absolutely no relation to anything that occurred on the current day.  Going
forward, we will do our best to document the occurence of these false
finals.
This bug is annoying and time consuming, but if recognized it seems that our
best course of action is to run the report, identify the false finals as the
variance, and then give you a call to manually change the values in CAPS so
that it will archive properly.  Any more feedback you have concerning this
bug would be appreciated.

Thank you for your help.

Bill


Please call John Arnold and ask him where the traders are coming out on
this.  Let me know.  Mark


Frank:
Susan Scott, Larry's risk manager, will compile and send you a spreadsheet of
total p&l minus new deal p&l since June 1.   Can you review this data and
compare it to the respective VAR numbers for these dates.  I think you will
see the VAR numbers way overestimate his p&l volatility.
John

	Enron North America Corp.

	From:  Frank Hayden @ ENRON                           07/14/2000 05:17 PM

To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re Larry May - REVISED

John,
I apologize for the delay in responding, I was in class today.
We are having difficulty backtesting Larry May's VaR.   It looks as if during
the month of June, the book administor  loaded the spreadsheets into ERMS but
assigned multiple master deal ID's.  (the code is "NG-OPT-XL-PRC")
For example Larry May is showing the following during the month of June:
June 1st  $797 million dollars loss
June 2nd +192 million dollars made
June 5th $300 million dollars made... (etc..)

This problem makes it impossible to backtest....

Second, regarding a different approach, the immediate solution was the
allocation of an additional $5 million dollars of VaR, thereby temporarily
increasing your limit to $45 million.  This limit increase is in effect until
July 26th.  The game plan is that during this time period, a better solution
can be devised.....

I hope this helps.
Thanks,
Frank

John Arnold@ECT
07/14/2000 02:33 PM
To: Frank Hayden/Corp/Enron@Enron
cc:

Subject:

Frank:
Just following up on two topics.
One: Larry May's book continues to run at a VAR of 2,500,00 despite the fact
his P&L is never close to that.  Can you check that his exotics book
positions are being picked up in his VAR calcs.

Second:  Have you looked into applying a band-aid to the understating longer
term Vol problem until we change formulas?

John


Jeff:
No amendments are necessary for you to do weather trades.
Carolea


Jay:   I'll wait to hear from you.  Sara


Tim Belden - will complete by Friday
Chris Calger - will work with Tim to complete by Friday
Kevin Presto - spoke with and he said will complete by Friday
Dave Duran - would like until the 7th (per email below) and is going to come and talk to you about it
Mitch Robinson - working with Chris Calger to complete
Dave Forster - will have completed
Mike Curry - will have completed
John Zufferli - has not read the message but I resent, he will read and will have to you by Friday or will call you himself
John Arnold - no answer on any number, left message at office - no voicemail on cell
Laura Luce - has meeting w/her group on Wed and will have to you by Friday
Frank Vickers - will have to you by Friday
Scott Neal - will have to you by Friday
Fred Lagrasta - will have to you by Friday
Berney Aucoin - no answer - left voicemail on cell phone
Jim Steffes - no answer/have no home or cell number - left voicemail at office
Mike Roberts - not 100% sure what he is to provide - but will put something together by Friday
Mike Grigsby - did not answer cell - left voicemail
Barry Tycholiz - will have by Friday
Phillip Allen - did not answer - left message on cellular
Brian Redmond - no answer - left voicemail on cellular
Tom Martin - will review but will have to you by Friday

Jenny Rub - is almost complete will have to you by Friday

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Monday, December 31, 2001 10:51 AM
To:	Hillis, Kimberly
Subject:	FW: Re-start/Integration Planning

Ring each of the people on the list to make sure they know they have to produce the plan below by the end of the week.

Let me know who you have problems contacting.

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Thursday, December 27, 2001 4:58 PM
To:	Belden, Tim; Calger, Christopher F.; Presto, Kevin M.; Duran, W. David; Robinson, Mitch; Forster, David; Curry, Mike; Arnold, John; Shively, Hunter S.; Milnthorp, Rob; Zufferli, John; Luce, Laura; Vickers, Frank; Neal, Scott; Lagrasta, Fred; Aucoin, Berney C. ; Steffes, James D.; Roberts, Mike A.; Grigsby, Mike; Tycholiz, Barry; Allen, Phillip K.; Redmond, Brian; Martin, Thomas A.
Cc:	Lavorato, John
Subject:	Re-start/Integration Planning

We have for the last couple of weeks started to compile the Re-start/Integration Plans for Netco.  So far, we have primarily focussed on the mid/back plans where the technology requirements have been the driving factors.  Several plans are in the final stages of completion including:-

+	Infrastructure		Jenny Rub
+	Development		Jay Webb
+	EnronOnline		Webb / Forster
+	HR			David Oxley
+	Cash Management	Tom Myers
+	Credit			Debbie Brackett

The rest will be completed shortly.

We now need to focus on the commercial plans which have a slightly different focus. John and I would like to receive the plans "Re-start/Integration"  plans by January 7th, 2002 in order to go through them individually with each of you or in groups.  The focus should be to ensure that we have as much of the business up and running in the shortest time possible.  I have a suggested outline which you do not have to use but I thought it might help.  Please decide within yourselves the areas you will cover together or individually.

Customer Side
+	Customers		Phase  1 - First Week (eg top 10)
				Phase  2 - First Month (eg top 50)
				Phase  3 - First Quarter (eg top 100)
+	Action Plan		Phase  1 Customers
				Phase  2 Customers
				Phase  3 Customers
+	Contracts by customers (pre-prepared with credit terms etc)
+	Customer visit schedule

Product Side
+	List of Products	Phase 1 - First Week
				Phase 2 - First Month
				Phase 3 - First Quarter

Target Number of Transactions
+	Phase 1
+	Phase 2
+	Phase 3

IT transfer

Louise


Please run an alpha report and email it to Tana. Thanks Kate
----- Forwarded by Kate Cole/Corp/Enron on 06/15/2000 08:41 AM -----

	Tana Jones@ECT
	06/14/2000 06:52 PM

		 To: Kate Cole/Corp/Enron@ENRON
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Enron Corp. and Subsidiary List

We are in the process of filing our annual hedge exemptions with the NYMEX
for 2000.  In connection therewith, I will need to provide the NYMEX with an
updated copy of the alphabetical list of Enron Corp. and Subsidiary Companies.

Thanks Kate, as usual, for your help with this!


> >
> > Check it out.
> >
> >
> > People in New York and DC are going to be having to hit food banks
hard.
> > There will be a need in NY for the soup. Below is an easy way to
> help....
> >
> > Campbell's is donating a can of soup to area food banks just by
clicking
> on
> > a football helmet at their website. It's quick, easy, and can be done
> once
> a
> > day.
> >
> > Go to (http://www.chunky.com/click_for_cans.asp) then click on your
> favorite
> > team's helmet and Campbell will donated a can of soup. That is it!
> Please
> > pass this to a friend or 2,3,4...
> >
>
>
>
>
>
>
>
>
>
> _____
>
> Do You Yahoo!?
> Make a great connection at Yahoo! Personals
> .


Looks good!  Thanks!


Please see the attached document from Steve Kean.