This link should get you access to our Financial Trading, or "Master Swap
Agreement" database.  This database lists all the master swap agreements we
have in place or have drafted in the US, London, Singapore, Japan, South
America, etc..  It is a very good resource to use when preparing
confirmations.  This database is available to all Enron employees, so feel
free to send this link to any London employees you think might find it
helpful.  There are certain comments concerning the status of masters under
negotiation that are only available to Legal and Credit employees because of
legal-client confidentiality concerns.  Any member of your legal team should
be able to look at those comments to determine if there is active/close
negotiation on a master, or if a master is being amended, what the amendments
might address (sometimes helpful when Houston isn't at work yet!).
Frequently there may be more than one master in place for an Enron company,
so look at each entry to determine whether the master is limited to a
specific finance project or product (unusual, but sometimes).  Also, as I
mentioned, not all the US based masters are ISDA Multi-Currency Masters, so
look to confirm what type of master we entered into.  If they are not ISDA
Multi-Currency Masters, it may not be possible to put a cross-border trade
under the master without some modification to the master or confirmation.

Please note:  there is a listing for "Restrictions" which will reflect any
trading limitations such as "crude oil trades only", "no trades over 2
years", contain special confirmation issues or list other types of trading
limitations.  Restrictions should ALWAYS be looked at because they contain
critical trading guidance.  Another note to watch out for is that many US
based master may have Texas law instead of NY.  Certainly not UK law.  We
hope to have that information available in the database in the future.

If for some reason you can't access this database, let me know and we'll get
our respective computer people to figure out why.

As I mentioned, I am a paralegal in the Houston swap group and am happy to
answer any questions about particular masters, so please do not hesitate to
call me at x33399.

Link -->


The following items was presented in this week's corporate change control....
Jan 10
From 10:00 a.m. - 1:00 p.m., the Messaging team will upgrade mailsweeper servers NAHOU-MSMSW03P and  NAHOU-MSMSW06P to version 4.2_8.  No impact is expected.

Jan. 12
From 11:00 p.m. through 1/13 at 2:00 a.m., ENS backbone will replace the primary clock on the 172.16.7.0 server segment.  This switch is located in the old ECT 34th floor section of the raised floor.  All servers connected to this switch will have an outage of approximately three hours.  No impact to ETS users is expected.

Jan. 14
From 12:00 p.m. through 1/15 at 12:00 p.m., the SAP team will move the XMS database from Seattle to Denver.  During this maintenance, the web-based XMS (employee expense) system will be unavailable.

Jan. 22
From 5:00 p.m. through 1/27 at 5:00 p.m., the ETS server team will coordinate the move of the Envision system from 3AC to the Ardmore data facility.    During this move the Envision system will not be available.  Some of the applications affected by this outage include: Corporate-wide applications accessing the Envision web query, FileNet Panagon IDM Desktop, FileNet  IDM for R3, Panagon Capture professional.  Users will be able to access IBuyit and IPayit from SAP but will not be able to view invoices.

ETS Solution Center - Houston, at 713-345-4745
ETS Solution Center - Omaha, at 402-398-7454


No.  Just wanted your thoughts.  Thanks.

 -----Original Message-----
From: 	Hetrick, Nancy
Sent:	Thursday, August 30, 2001 8:51 PM
To:	Steffes, James D.
Subject:	RE: UBP-RSB Revised Documents -- Your Response Is Needed

This vote was for UBP members only.  I cast a vote for Option A on behalf of Enron.  We still a small group of suppliers that are a holdover from the CUBR days and we keep in close contact through this process.  It appears from the email votes that I have seen that most members are choosing Option A - even some of the "harder to convince" utilities.  Any thoughts?

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Thursday, August 30, 2001 8:03 PM
To:	Hetrick, Nancy
Subject:	RE: UBP-RSB Revised Documents -- Your Response Is Needed

Nancy --

1.	Are we able to vote?
2.	If yes to #1, what is your recommendation for our vote?

Thanks,

Jim
 -----Original Message-----
From: 	Hetrick, Nancy
Sent:	Thursday, August 30, 2001 6:12 PM
To:	Yeung, Charles; Perrino, Dave; Binns, Darran; Steffes, James D.; Ingersoll, Richard; Nicolay, Christi L.; Novosel, Sarah; Walton, Steve; Rodriquez, Andy; Bestard, Jose; Mangskau, David
Subject:	FW: UBP-RSB Revised Documents -- Your Response Is Needed

FYI!  This is a note that was sent out to the UBP membership for vote.

 -----Original Message-----
From: 	"Driggs, Charlie" <Charlie.Driggs@conectiv.com>@ENRON [mailto:IMCEANOTES-+22Driggs+2C+20Charlie+22+20+3CCharlie+2EDriggs+40conectiv+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Monday, August 13, 2001 10:41 AM
To:	anne.mcglynn@exeloncorp.com; ccorcoran@BTUwatch.com; david_koogler@dom.com; jmminneman@pplweb.com; jphill8@entergy.com; Karen.Oneill@Greenmountain.com; newboldw@detroitedison.com; nhetrick@enron.com; scott.brown@exeloncorp.com; WCamp@uspowersolutions.com; wmastin@sct.com
Subject:	UBP-RSB Revised Documents -- Your Response Is Needed

As discussed during Friday's conference call, we're sending out the overall
governance documents asap for an email vote of affirmation by August 31st.
Scott has provided the revised documents.

Does the following statement to our membership do the job??   If you have
any changes / suggestions, please provide them by Wednesday, as I will send
out this email by the end of Wednesday.

The risk of asking for this is:  What if we don't get an affirmative vote??
The risk of not asking for this may be worse.
I don't expect a unanimous affirmation based upon recent events.

Charlie
_______________________________________________________________________

Members of UBP-RSB,

The attached documents represent the basis of organizational design
development for a Retail Standards Board per the original charge of this
organization.  The versions of the documents attached here reflect the
changes identified in discussions during our Baltimore meeting on July 23rd.
Your Governance Committee needs you to confirm that these documents now
state our intentions and the design needs of a Retail Standards Board before
we can reasonably proceed with detail organizational design efforts.

As the Governance Committee's work proceeds, the organizational design may
evolve slightly as the high level view of these documents does not contain
every design requirement or anticipate every contingency.  There may be
issues that arise in developing an inclusive organization that need your
further attention.  As, or if, such issues arise, the GC will seek your
input.

For now, please provide an email response which indicates either that

a)  your company agrees with and supports the Statement of Structure and the
membership's revisions to Strawman 2 as described in the attached documents,

     or

b)  your company cannot support the Statement of Structure and the
membership's revisions to Strawman 2 as described in the attached documents.

Please provide your response no later than August 31, 2001.

UBP voting rules will be applied in this instance.

Charles L. Driggs
Chair, Governance Committee

Manager, Gas Operations & Planning
Conectiv Power Delivery -- Gas
630 MLK Boulevard
mail stop 88MK62
Wilmington, Delaware  19899-0231

office   (302) 429-3194    cell phone  (302) 229-4515    fax  (302) 429-3207


-----Original Message-----
From: 	Hanagriff, Richard
Sent:	Thursday, February 21, 2002 9:12 PM
To:	Schoolcraft, Darrell; Lindberg, Lorraine
Subject:	Tw imbal summary

Lorraine
Note that NGPL is making payback this month


Transwestern's average deliveries to California were 1010 MMBtu/d (93%), with San Juan lateral throughput at 791 MMBtu/d.  Total East deliveries averaged 437 MMBtu/d.

El Paso's average deliveries to California were 2266 MMBtu/d (85%):
- PG&ETop, capacity of 1140 MMBtu/d, deliveries of 784 MMBtu/d (69%)
- SoCalEhr, capacity 1105 MMBtu/d, deliveries of 1080 MMBtu/d (98%)
- SoCalTop, capacity 416 MMBtu/d, deliveries of 402 MMBtu/d (97%)

Friday's posted Gas Daily prices:
	SoCal gas, large pkgs	  2.575 (-.545)
	PG&E, large pkgs	  2.545 (-.475)
	TW San Juan		  n/a
	TW Permian		  2.20 (-.515)

Enron Online bases:
		Oct		Nov-Mar
Perm-CA	.28 (-.13)	  .325 (-.165)
SJ - CA	.425 (-.155)  	  .405 (-.155)
SJ-Waha	.16 (-.02)	  .10 (+.01)
Perm-Waha	.015 (+.005)         .03 (+.02)


Last Tuesday Global Finance Europe closed  a new off balance sheet facility
with Barclays creating up to $1bn of capacity for existing and new physical
metals trades for Enron Metals.  This transaction will be added to through an
additional $350mm of capacity from Credit Lyonnais and compliments the $750mm
Warrants structure completed in September.

Each transaction involves a sale of either Physical Metal or Warrants to the
bank with Enron receiving an associated call option. The bank hedges its
market risk through a  complimentary foward sale with the LME. The new
physical metal facility will start receiving its first trades this week.

The transaction achieves much for Enron:
Deconsolidation of approximately $2bn of debt financed inventory which came
with the aquisition of MG plc;
The creation of new capacity to grow the business beyond its existing base;
Committed facilities for the business unit which are at a lower cost  than
the original debt financed facilities;
The creation of an additional  $2.15 bn capacity in the bank markets as the
facilities extinguish up to 20 lines of existing credit in the banks market;
A clearer reporting and control structure for the funding of Enron Metals.;
A repeatable low cost structure which meets all tax and accounting tests for
applications across all our business lines

Congratulations to the deal team on this great effort

EGF     Bill Appleby, Anne Edgley
Enron Metals    David Tregar; John Lunzer; Howard Carter; Clive Hutchings;
William Sell
Legal    Justin Boyd
TransSupport / Acctg   Melissa Allen; Phillip Lord
Tax    Janine Juggins; Catharina Clabots; Angela Brown


The report named: West VaR <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=36&report_name=West+VaR&category_cd=2&category_name=WEST&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=11/20/2001>, published as of 11/20/2001 is now available for viewing on the website.


Which IRA is right for you?

Whether you are saving for a new home, college, or retirement,
Enron Federal Credit Union offers
Traditional, Roth, and Education IRAs to fit your needs.

12 Month Term IRA Certificate	2.75% APY
24 Month Term IRA Certificate	3.25% APY
36 Month Term IRA Certificate	3.75% APY
IRA Savings				1.75% APY

An IRA Savings Account can be opened with only $25,
or open a Term IRA Certificate with $500.

To set up an IRA or for more information,
please visit www.enronfcu.com
or call 713.853.6902.

<Embedded Picture (Metafile)>


Mr. Bilderback,

Pursuant to Brian Riley's request I am forwarding you a redline version of
the proposed Gas Gathering Agreement between Coastal and HPL comparing it to
the existing Agreement dated April 1, 2000.

Thanks,

Eric Gillaspie
713-345-7667
Enron Building 3886


AGA for 12/29/00 is (209) W/D


Andy,

Please, give me the number of copies and I can order on your behalf at 15%
discount.

Vince

Andy M L Anderson@EES
02/07/2001 10:18 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: clewlow/strickland derivatives book

vince:

do you have an internal person i could go through to obtain  copies of the
derivatives book you showed us at the garp meeting? i am ordering a few
copies for my risk guys.

i look forward to talking with you soon, economist to economist.  thanks, andy


Steve--

I hope things are going well for you.  LaRence Snowden told me he met with
you last week to discuss opportunities for him within the Regulatory group.
As a courtesy follow-up to that meeting, I wanted to tell you about him and
the skills I think he possesses.  LaRence spent 2000 working for 3 different
bosses in EBS, and when the music stopped with me at the helm, he had not
produced enough identifiable work product for any one of us to be able to
fall on our sword for him.  The double whammy was that he was at the point of
aging out of the Associate program and in need of a commercial position.  In
my opinion, LaRence was not suited to the type of work I need my people to do
in EBS Structuring, and I had to pass on a promotion for him.  His ranking
stems from the fact that he couldn't keep up with the other Associates in the
group with respect to hard-core models and business analysis.  We eventually
put him in the role of implementation, where his main objectives have been to
identify and overcome barriers to getting a deal up and running, which
everyone agrees is his strength.  He has good internal networking skills, is
a hard worker, knows Enron, and communicates the essentials to management.
If that's what your team needs, he may be a fit.  Hopefully this goes without
saying, but please don't think of this as a "no-look pass."  LaRence needs to
find a home on his own merits.  I just promised him that I would tell people
the background details of his situation when appropriate.

Thanks for talking to him and please call me if you have questions,
Brad Richter


Mark,

Here is the org memo draft we discussed.  I sent it to you yesterday but
found a rejection notice on your address this morning.  Here it is again.
I'm in all day and tomorrow if you want to discuss.

Mike
---------------------- Forwarded by Mike McConnell/HOU/ECT on 07/27/2000
07:59 AM ---------------------------

	From:  Mike McConnell                           07/26/2000 05:02 PM

To: Mark Frevert/LON/ECT@ECT, David Oxley/HOU/ECT@ECT
cc:
Subject: draft org. memo

Mark and David,

Below is my first stab at the organization memo.  I didn't over focus on
specific wording and I am not sure how you want to address the various groups
that will be affected.  I believe we need to address all of them by name and
they should probably be in alpha order as to not upset anyone on the order.

I also didn't know any other information that you may want to include with
regard to the successes from the group year to date.
Greg, Jeff and I are getting together for lunch tomorrow to discuss the New
Works organization.

I think that this should come from Enron's office of the Chairman vs. the
business units because it does affect 2 different lines of business and it
will have more impact and clarity for the other groups especially, my
departure from Net Works.

After you guys pretty this up (and destroy it) please send it back via email
and i'll make sure and coordinate with Whalley.

Thanks,
Mike


As of Sunday, it looks like the Tuesday 6-10 (Mon-Fri of the next week) will be mostly above normal east of the Rockies,

with the lragest anomalies in the central portion of the country


Rob Cass sent me the deal nos., and I have made a request to the confirm desk
to get the trade terms.  Thanks for your help.

	Sheri Thomas/ENRON@enronXgate
	04/25/2001 08:50 AM

		 To: Robert B Cass/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT
		 cc: Torrey Moorer/ENRON@enronXgate, Jennifer deBoisblanc
Denny/ENRON@enronXgate
		 Subject: RE: Request Termination Agreements for 4 EnronOnline Transactions

Tana is going to need the details of these trades - deal number, volume,
price, etc.

thanks
Sheri

 -----Original Message-----
From:  Cass, Robert B.
Sent: Tuesday, April  24, 2001 6:29 PM
To: Jones, Tana
Cc: Moorer, Torrey; Denny, Jennifer; Thomas, Sheri
Subject: Request Termination Agreements for 4 EnronOnline Transactions

Hi Tana -

We need your assistance in preparing termination letters for the transactions
listed on the attached spreadsheet and described as follows:

On Friday, April 20, 2001, four transactions occurred on EnronOnline that
were in error.  One transaction was with Coral Energy Holding L.P. and three
transactions were with Morgan Stanley Capital Group, Inc.  As mutually agreed
to by both the Enron commercial team and the respective counterparties, it
was decided that each of the four transactions would not be confirmed and
should be terminated.

The exact specifics are detailed as follows:

? The transactions occurred due to an inadvertent entry in the actual
production system of EnronOnline by a Product Control Group member, Melba
Lozano.  Melba activated a product assuming that she was in the EnronOnline
test system of EnronOnline.

? The product transacted upon is normally managed by Frank Ermis.  However,
in his absence on Friday, the product was managed by Matt Lenhart.

? Steve South, trader on the West Desk, called and notified both Morgan and
Coral that the product had been posted in error.  All parties agreed that the
transactions were not reflective of the normal pricing.  As a result they
further agreed that transaction confirmations would not be necessary and that
the deals would be "killed" on all sides.  (For reference of any telephone
tapes that may need to be pulled, the conversations with the counterparties
occurred around 2:00 pm.)

? No confirmations were generated as a result of the killing of the
transactions in TAGG.

? I spoke with Mike Grigsby on Monday (April 23, 2001) and advised him that
termination letters may be required by Legal.  He responded that he had no
problem with that.

Tana, please advise if additional information is required to complete the
termination letters or if another course of action is warranted.

Thank you,

Rob Cass
x35491


Lisa,

Please take a look at the scheduling sheets from December and verify when we stopped scheduling Valley Electric.
Please also look at Mark's information below to validate that it matches EPMI's scheduling sheets

I think you should be able to find those schedules on the P:\ drive.  Please respond to everyone on the distribution.

We need this information as soon as possible.

Thanks - MO

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Thursday, March 21, 2002 5:51 PM
To:	Confer, Mark; O'Neil, Murray P.; Thompson, Virginia; Elafandi, Mo; Savage, Gordon
Cc:	Grace, Rebecca M.; Racicot, Paul; Miller, Don (Asset Mktg)
Subject:	RE: Valley Electric Association Dec 01 thru Feb. 02

Since we're having difficulty tracking down who scheduled VE in December, I propose we invoice based on info. provided by VE's Larry Walls. If we uncover more accurate information internally or from UBS personnel that conflicts with VE's representation, we can always send a revised bill. Any objections?

 -----Original Message-----
From: 	Confer, Mark
Sent:	Thursday, March 21, 2002 3:08 PM
To:	O'Neil, Murray P.; Baughman, Edward; Thompson, Virginia; Elafandi, Mo; Savage, Gordon
Cc:	Grace, Rebecca M.
Subject:	Valley Electric Association Dec 01 thru Feb. 02

Listed below is what I believe needs to be done for Valley Electric Association for the period of Dec. 01 thru Feb. 02.

December 01 - I spoke with Larry Walls of Valley today 3/21/02 and he stated that EPMI serviced them for the period of Dec. 1st thru 6th 960 mws a day at $31.25 = $180,000.  Enpower is showing a balance of 29,760mws for $1,015,560.  I need Enpower to be trued up and given the OK to invoice Valley for the $180,000.
	Virginia I will put this into DMS Friday morning.

January 02 - Valley was invoiced $299,984.80 for LD's, deal number 258073.3.  Enpower has an additional amount of $908,920.00.  Enpower needs to be trued-up.
	 Again Virginia I will put this into DMS Friday morning.

February 02 - I spoke with Ed Baughman and I am billing Virginia today for the amount we are showing in Enpower which is 21,600 mws for $669,600.

To wrap up I need an OK for Dec 01 billing of $180,000 or another amount and Enpower trued-up.  Jan 02 Enpower to be trued-up

Thanks,

Mark Confer

713-345-7179


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TRADE: President Bush extended China's trading privileges for another year.

NET GOVERNANCE: ICANN will meet in Stockholm amid criticisms that it
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TELECOM: The FCC upheld a merger-related fine on SBC Communications.

TELECOM: Telecom companies are skeptical of a proposed deal on access to
buildings.

ALSO ON NATIONALJOURNAL.COM:
-- Insider Interview: Making Sense of The Faith-Based Initiative
http://nationaljournal.com/members/news/2001/05/0530insider.htm

-- On The Trail: Does The GOP Have Bigger Problems Than Jeffords?
http://nationaljournal.com/members/buzz/trail.htm

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Paul:
Did you mean to refer to dates in June?  Alos, could you let me know which
persons or persons will be handling the areas that we need covered as so far
I am only aware of you and Scott and i wasn't sure if others would be
involved.  Thanks.
Carol

	"PAUL BRUCE WRIGHT" <PWRIGHT@LLGM.COM>
	05/31/2000 10:25 AM

		 To: <Carol.St.Clair@enron.com>
		 cc:
		 Subject: Re: Update on Insurance/Derivative Transaction

I will be away from the office on business from the evening of Friday, May
12th, returning on Monday, May 22nd.  During this period, I will not have
email access for a portion of the trip and there may, therefore, be a delay
in my responding to emails sent during this period.


Dear all:

We have downloaded all of the parts of the FERC report from the website (we
have a very fast Internet connection). The FERC website is slow due to
traffic. Let me know if you want me to email a zipped version of the pdf
files. It takes about 20 minutes to download it otherwise.

Seab


PRIVILEGED AND CONFIDENTIAL:  ATTORNEY-CLIENT COMMUNICATION, ATTORNEY WORK
PRODUCT

Nicole and Bob:

 I have had some preliminary legal research done on whether Enron Metals has
a pre-litigation duty to contest the various allegedly unpaid bills received
from the various ICTS-related carriers, in order to preserve its legal
defenses if litigation is filed by one or more of those carriers.  It does
appear that in order to preserve its right to contest these bills in a later
legal proceeding, Enron Metals should send a notice in writing to each of the
carriers who have sent it unpaid bills, simply stating that Enron Metals
contests them.  This should be done such that the carrier receives the notice
of contest within 180 days after MG Metals has received the unpaid bill.
Telefax appears to be a legally sufficient means of communicating this
notice.

 However, this is not the end of the strategy consideration.  It also appears
from our preliminary legal research that Enron Metals may in fact be
secondarily liable for the unpaid bills, even if Enron Metals already paid in
full in advance to ICTS, its shipping agent.  This may apply even if ICTS
mistakenly failed to request sufficient payment from Enron Metals to begin
with; i.e, a situation where ICTS thought it could get a carrier to transport
a load for $100, and asked for and received $100 in payment from Enron
Metals, but had to agree to pay $150 to get the load transported.  Last, I
believe Bob mentioned that there are in fact unpaid carrier's bills for which
Enron Metals has not paid ICTS at all, given the realistic fear that once
ICTS has Enron Metals' money, that money may not get repaid to the carrier.

 In other words, assuming that the bills are in fact factually accurate, were
timely billed, and were accurately calculated using the applicable tariff
rates (all of which may be important potential defenses that I have not
investigated), then Enron Metals may not have any legal defenses, and sending
the 180 day notice to the carriers may ultimately do nothing to help Enron
Metals if the carrier elects to file some legal action.  Worse, if Enron
Metals has not already sent out such letters, doing so now may attract
attention by these carriers, who otherwise may have back-burnered these
claims.  On the other hand, sending such letters may (and I repeat, may)
deter some of the carriers, if the carriers are aware of substantial problems
with their bills.

I will have my secretary, Deborah Shahmoradi, call each of you to arrange for
a telephone conference for tomorrow or Monday to discuss this.

Britt

P.S.--Richard, this is just FYI; you don't need to be in on the telephone
conference.


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This is an index forward deal sold to EES by EPMI Short Term California - 80
MW, off-peak hours, on NP-15. I just spoke with Niclas, who confirmed this
was the information he was looking for. If you need anything else, please
don't hesitate to e-mail or call.

Thanks,
Kate
West Desk Deal Control
503.464.7486

Carla Hoffman
12/06/2000 11:30 AM
To: Kate Symes/PDX/ECT@ECT
cc: Niclas Egmar/HOU/EES@EES

Subject: 11_11 correction VIP

Hi Kate,

This deal needs to be researched.  Can you help looking into its origin?

Thanks,

Carla
---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/06/2000 11:38
AM ---------------------------

Niclas Egmar@EES
12/04/2000 09:39 AM
To: Carla Hoffman/PDX/ECT@ECT
cc:
Subject: 11_11 correction VIP

---------------------- Forwarded by Niclas Egmar/HOU/EES on 12/04/2000 11:39
AM ---------------------------

Niclas Egmar
12/01/2000 03:30 PM
To: Phillip Platter/HOU/ECT@ECT, Chris Mallory/PDX/ECT@ECT
cc: Daniel Kang/HOU/EES@EES, Jennifer Johnson/HOU/EES@EES, Wayne
Kimball/HOU/EES@EES, Jubran Whalan/HOU/EES@EES, Neil Bresnan/HOU/EES@EES
Subject: 11_11 correction

I talked to Phil about a trade on  11/11/00  regarding 640 MW deal number
456233.1 could you please send me  and Jennifer Johnson some more detail
about this deal.
Is this an hour a head deal?
What hours are involved?

Thanks alot

Niclas


In the flesh.

 -----Original Message-----
From: 	Rob Laird <RLaird@natsource.ca>@ENRON [mailto:IMCEANOTES-Rob+20Laird+20+3CRLaird+40natsource+2Eca+3E+40ENRON@ENRON.com]
Sent:	Monday, September 17, 2001 7:49 AM
To:	Dorland, Chris
Subject:

Are you in cowtown yet?


Thanks

	Robert Hemstock@ECT
	11/16/2000 11:39 AM

		 To: Steven J Kean/NA/Enron@ENRON, Richard Shapiro/NA/Enron@Enron, Aleck
Dadson/TOR/ECT@ECT
		 cc: Rob Milnthorp/CAL/ECT@ECT, TMcLaren@GPC.CA, tburns@gpc.ca
		 Subject: Re: Update - Alberta Power Pool Rule Changes

Thanks for your comments Steve.

The legal arguments are one piece of our 5 point action plan (it relates to
action items 2,3, and 4) that I outlined in my November 13 e-mail to the
group.  Action item #1 (and I agree this must be our primary focus) is to
communicate to the Alberta Government: i) Enron's views on what mistakes are
being made by governments in other jurisdictions in response to high price
levels,  and ii) Enron's plans for Alberta if the Alberta Government "stays
the course" and does not interfere in the market.   We are hopeful this can
be done through Milnthorp and Delainey meeting with Premier Klein and/or
Minister Cardinal.  If such a meeting isn't possible we will simply have to
get the message through to them via lower level officials in the Alberta
Government.

On Tuesday Rob Milnthorp left messages for Premier Klein, the Premier's Chief
of Staff, and Minister Cardinal, and the Cardinal's Deputy Minister, Ken
Smith.  I also spoke to Larry Charach of the ADRD.    The speaking points
that we prepared to guide us through these calls are as follows:

Enron understands that electricity prices in Alberta are an important issue
for the Government

Enron has concerns with a number of recent rule and market design
developments in the electricity market

Enron feel that it would be helpful for the President and CEO of Enron North
America and Rob M to sit down for a brief meeting with the Premier and
Minister Cardinal to:

1)  Explain Enron's current plans to expand commercial operations in both the
electricity and natural gas sectors;

2) Express Enron's concerns that the Alberta electricity market "may not
indeed be open for business" given recent developments, including:

(i) The MAP and its adverse effect on the PPA Buyers and the "no harm"
commitment;

(ii) Power Pool rule changes of the sort recently proposed will irreparably
damage existing suppliers such as Enron, the ultimate effect of which will
undoubtedly be the lack of development of much needed new supply and longer
term high prices for consumers.

3) Express Enron's willingness to draw on our experience in other markets and
explain our vision of how the Government can work through this difficult
period in the shortest possible time frame.

Ken Smith returned Milnthorp's call this morning and Rob Milnthorp advised
that he covered each of the above speaking points and the conversation went
very well.  Smith asked him "what would you do if you were us?" and Rob
replied that the Government must stay the course as the alternatives will
make the situation worse.  Rob also told Smith that Enron's preference is to
continue to work with the Government on these difficult issues and Enron
"doesn't like sending letters that threaten legal action to the Government or
the Power Pool", especially since we share a common vision on electricity
restructuring with the Alberta Government.  Smith indicated that with the
Alberta Legislature back in session it would be difficult to get a meeting
for us with the Premier but he would try to do so and would get back to
Milnthorp.

Whether we get a meeting with the Premier, or not, we still need to prepare a
new briefing note for the government within the next week and at the very
least Rob Milnthorp and I can meet with Larry Charach and Ken Smith to walk
them through this document.  As you say, our document must focus on "the
adverse effect on consumers" and the implications of the Government moving
off the strategy it continues to publicly support (the Premier said again
this week in question period that the problem is that we are short supply)
which is to "allow the market to work".

Regards,

Rob

From: Steven J Kean@ENRON on 11/15/2000 07:13 PM CST
To: Robert Hemstock/CAL/ECT@ECT
cc:
Subject: Re: Update - Alberta Power Pool Rule Changes

congratulations!

One thing to add to the arguments:  we have to make the adverse effect on
consumers the centerpiece of our arguments.  We need the legal arguments too,
but this is fundamentally a political and consumer protection driven
discussion.  We have to be prepared to demonstrate that the key to Alberta
reducing prices is allowing new generation to enter and to do that you have
to allow a true market price to be posted.  California has seen the
cancellation of numerous projects while they remain desparate for new supply
because they have tried to artificially constrain prices.  That's not good
for consumers.  If they need a lower cost solution for consumers (or
protection from price volatility in the meantime) they need to "outsource"
the residential supply business in blocks for fixed price bids.

Regardless of how we frame the arguments, or the solutions, however, we have
to make the public policy/ consumer protection arguments the center of our
written and oral presentations.

Do you agree?

	Robert Hemstock@ECT
	11/15/2000 06:28 PM

		 To: Rob Milnthorp/CAL/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Derek
Davies/CAL/ECT@ECT, Tim Belden/HOU/ECT@ECT, John Zufferli/CAL/ECT@ECT, Steven
J Kean/NA/Enron@Enron, Aleck Dadson/TOR/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Peter Keohane/CAL/ECT@ECT, Eric
Thode/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, TMcLaren@GPC.CA,
seabron.adamson@frontier-economics.com, tburns@gpc.ca,
aleck.trawick@blakes.com, dpef@blakes.com
		 cc:
		 Subject: Update - Alberta Power Pool Rule Changes

Dale McMaster called this afternoon to advise that the Power Pool Council
agreed to delay any decision on the recently proposed rule changes (importers
excluded from setting pool price and dispatch risk) for a period of two
weeks.  During this two week period Dale has been asked to obtain stakeholder
input into ways to address concerns about whether the spot price in the
Alberta Power Pool is a product of interaction among competitiors in a
efficient market.

In our discussions with the Power Pool and ADRD today and yesterday Enron
expressed its willingness to work with the Power Pool to provide feedback on
suggested rule changes but has also made it clear that we do not agree with
the premise that there is a "problem" that requires "emergency" amendments to
the Pool rules.  Our position has been that Alberta is short supply, and
significant changes to the rules and/or market design will only discourage
new generation development.

Dale McMaster had just left the Power Pool Council meeting when he called and
had not yet put much thought into how to define the issue he has to address
and what the process will be.   We discussed the process and it appears he
will likely receive comments from stakeholders at large and also assemble a
small committee of 4-5 stakeholders (which would include Enron) to work with
the Power Pool to consider possible changes to the Pool rules.  Dale said he
would try to pull together a "terms of reference" document that would define
the mandate of the small committee by tomorrow.

After my call with Dale McMaster, Peter Keohane and I spoke to Aleck Trawick
and we have asked Blakes to assist us in three areas:

1) Once the terms of reference of this small committee are released (and
assuming Enron is asked to participate on the committee) Blakes will assist
us with preparing a letter that states that Enron's participation does not
represent acknowledgement or agreement that the Power Pool Rules must be
amended to address the concerns of some stakeholders about real time pricing
in Alberta and that Enron's participation on the committee is on a without
prejudice basis;

2) Enron needs to obtain the final memo from Frontier Economics in which
Frontier provides its opinion on how the proposed rule changes: i) would
introduce price discrimination into the Alberta electricity market, ii) would
be contrary to the development of an efficient, fair and openly competitive
market for electricity, iii) would compromise the independence of the Power
Pool, and iv) would have the expected effect of artificially depressing the
real time price of electricity in Alberta.  Once Blakes receives a copy of
the Frontier Economics memo, they will prepare a memo for Enron advising: i)
whether the two week process of consultation by the Power Pool is in
accordance with the standards required of the PPC as an administrative
tribunal operating in Alberta; and ii) whether such rule changes offend the
provisions of the EUA;

3) Blakes will advise Enron of the possible avenues of recourse (i.e. appeal
to the AEUB, and/or legal action in the Court of Queen's Bench) in the event
the proposed rule changes (or similar changes) are approved by the PPC at the
end of this two week period.   GPC and Eric Thode will also be consulted on
this issue and obviously input from all those within Enron working on this
project will be sought prior to any decision being made to pursue any
possible legal remedies.

Please advise if you have any comments.

Regards,

Rob


Grant,

Would you take a look at the following correlation matrix? Does it make sense?

PS: This is an updated correlation matrix with gold and silver correlations.
I used Bloomberg's generic closest month gold and silver contract prices for
the correlation analysis.


I am not who you think I am.  I have never been in IDRC nor am I in the
profession.
Thx,
John

Jeannine Peaker <jeannine.peaker@idrc.org> on 09/12/2000 02:09:32 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: RE: (no subject)

We are still showing you as an Active member of IDRC. Do you wish to resign
from the membership?

-----Original Message-----
From: jarnold@ect.enron.com [mailto:jarnold@ect.enron.com]
Sent: Tuesday, September 12, 2000 1:59 PM
To: Jeannine Peaker
Subject: (no subject)

Remove me from your mailing list please.


I'm normally not a big fan of conferences, but this one may be of interest.
I think it may be of even more interest if we don't speak: it's possible some
utilities may say some of the same things we would say, but they may be less
likely to do so if we speak and they feel they have to respond.  Let me know
what you think.
---------------------- Forwarded by Steven J Kean/HOU/EES on 04/11/2000 01:27
PM ---------------------------

info@kingpublishing.com on 04/11/2000 11:32:54 AM
Please respond to info@kingpublishing.com
To: info@kingpublishing.com
cc:
Subject: The Energy Daily, EEI, and EPRI Present "Surviving The Summer of
2000: A Summit On Reliability"

http://www.kingpublishing.com/conferences/index.html

The Energy Daily, the Edison Electric Institute, and the Electric Power
Research Institute are co-sponsoring a summit on the vital issue of
reliability in the energy industry.? This meeting will be held May 31, 2000
in Washington, DC at the Edison Electric Institute's conference center.

At this summit, we'll examine:

* The need for new transmission lines and gas pipelines and how serious
consumer opposition is to these factors.

* Longer term generation requirements and how much is needed and the
obstacles facing these requirements.

* The role of TRANSCOs & ISOs in assuring reliability.

* Plus, much more!

REGISTER TODAY as seating is limited!? Please click on the following address
to review the conference.

http://www.kingpublishing.com/conferences/index.html

If you have any difficulty, call (800) 926-5464 and we will fax the summit
flyer immediately.

Forward this email to your colleagues for we offer group discounts.

If you wish to be excluded from any future mailings, reply with "remove" in
the subject header.? We honor all "remove" requests.

http://www.kingpublishing.com/conferences/index.html
?
 - info.vcf


fyi
----- Forwarded by Steven J Kean/NA/Enron on 02/07/2001 07:33 AM -----

	Kalen Pieper@EES
	02/06/2001 03:45 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Elizabeth Tilney/HOU/EES@EES
		 Subject: TJ Glauthier

---------------------- Forwarded by Kalen Pieper/HOU/EES on 02/06/2001 03:44
PM ---------------------------

Mickey Townsell
02/06/2001 01:43 PM
To: Kalen Pieper/HOU/EES@EES
cc:
Subject: TJ Glauthier

Kalen,

I spoke with TJ today and he indicated that he is interested in talking with
Enron ; however , he and his spouse were taking off for a five week break
between jobs ( he said he had told Ken of his plans ). That he would like to
set something up in late March upon his return. I will call him and set  up a
date with him. We have a good lead time to get on the G9 calendars.

I will keep you updated.

MT
---------------------- Forwarded by Mickey Townsell/HOU/EES on 02/06/2001
01:37 PM ---------------------------

Kalen Pieper
01/31/2001 01:38 PM
To: Steven J Kean/NA/Enron@Enron
cc: Elizabeth Tilney/HOU/EES@EES, Mickey Townsell/HOU/EES@EES
Subject: TJ Glauthier

Steve,

Mickey Townsell has contacted TJ Glauthier, the former Deputy Secretary, and
is beginning exploratory interviews.  We will keep you posted on progess.
Please let us know if you need any further information.

Kalen


----- Forwarded by Richard B Sanders/HOU/ECT on 11/01/2000 03:48 PM -----

	Steve C Hall
	10/30/2000 05:38 PM

		 To: Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT
		 cc: Christian Yoder/HOU/ECT@ECT
		 Subject: Confidential Memo For Thursday Meeting

Richard and Elizabeth,

At Christian's suggestion, I am sending a memo I prepared summarizing some of
the more exotic strategies used by our traders.  Christian has reviewed the
memorandum and believes that it will assist you both in preparing for our
Thursday meeting.  Between now and Thursday, Christian and I are going to
analyze the ISO tariff to determine if the tariff prohibits any of these
strategies.

Steve


Kevin,

The donuts are a great idea. I think we should add Jeff and John as well
(baskets).

Vince

Kevin G Moore
11/07/2000 11:14 AM
To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT
cc:
Subject: Re: Christmas List

While the thought is still on my mind,so you want think I'm
being selfish .

What  I am thinking we could do is send the Move Team , Help Desk  and
Facilities

complimentary donuts from the Research Group during the holiday season.
---------------------- Forwarded by Kevin G Moore/HOU/ECT on 11/07/2000 12:07
PM ---------------------------

Kevin G Moore
11/07/2000 11:02 AM
To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@E
cc:
Subject: Re: Christmas List

I sent the last e- mail before asking this question .
Vince,
What about Dave Delainey, John Lavorato and Jeff Shankman.
Please inform................

Kevin G Moore
11/07/2000 10:57 AM
To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT
cc:
Subject: Christmas List

Hello Vince and Mike

I want to keep you informed.

This year all baskets will be done in a timely manner.
On last year we were going through a major move therefore
many people played key roles in keeping us together.
This year however , is a little different , as it is always nice
to give unfortunately we can not give to everyone.
I am sending a lists of who we have so far.

There are a few names on the list that  I feel we should do something else
for this year .
under Shirley's list of names.

(not so expensive)

They are : Move Team                                who?
                     Mail Room                                    who?
                     Facilities Help Desk                  who?

There are other tokens of appreciation that we can get for them.

Please note that you two are the only ones that have seen this e-mail so far
I will need your approval for all baskets, however your input on the matter
will be
greatly appreciated.The list is not completed I am still waiting for
additions.

                                              Thanks
                                                          Kevin Moore


Thanks.

Vince

 -----Original Message-----
From: 	Corey, Paula
Sent:	Monday, June 04, 2001 8:02 AM
To:	Kaminski, Vince J
Subject:

Happy Birthday !

Hope you had a nice weekend

P


Amitava,

Can you schedule a brainstorming session with Vasant, Tanya, Rakesh, myself
and Ben (if possible)?

What about the trip on Monday. Has it been scheduled?

Vince

Amitava Dhar@ENRON
01/03/2001 08:30 AM
To: Vince J Kaminski/HOU/ECT@ECT, Ben Parsons/LON/ECT@ECT
cc: Vasant Shanbhogue/HOU/ECT@ECT
Subject: CreditDotCom Projects

The following is a good summary from Vasant about the projects and what is
ahead of us.
Ben, please let me know when things are ready; I can plan my trip accordingly.
Thanks,
Amitava

EnronCredit.com is working on 3 main models --- the FMC model, the Placement
model, and the Movement model.
FMC Model : provides credit default swap price curves for 16 ratings with 33
industry offsets.  Each day, this model takes the previous day's trader
curves and adjusts them for the movement in Bloomberg yields and observed
swap prices.
Placement Model : uses linear regression to credit default swap prices using
dummified ranges for Market Capitalization, Liquidity, KMV Score, etc.  One
main issue here is that the dataset is biased towards investment grade
names.  Alternate approaches looked at developing separate models for
separate sunsets of names.
Movement Model : provides an alert system for news.  This is under
development.

Current involvement of Houston Research Group members is in the
development/modifications of the Placement Model, especially in thinking
through the various single vs multi model approaches.  We can help in the
brainstorming for better models for subsets.  One main project right now is
to get a separate model for subsidiaries, and to exclude subsidiary names
from the main regression.

Value-at-risk is based on historical variance-covariance approach.

The portfolio model is under development.

Agenda for Houston Research Group members :

Once sufficient data is collected, start reviewing for potential analytic
relationships.
Get weekly updates from London, and provide feedback.
Plan on a trip if the work warrants it, once the agenda is fairly well drawn
out, and data is available for analysis.


thanks

From: Tom Moran/ENRON@enronXgate on 03/29/2001 02:43 PM
To: John Arnold/HOU/ECT@ECT, Dutch Quigley/HOU/ECT@ECT
cc:
Subject: ICE Trading Platform - Financial Gas Counterparties

John/Dutch

There are currently 3 counterparties which would like to have the ability to
trade financial gas with Enron but that credit has closed on the ICE platform.

AES NewEnergy, Inc.   No Master
Trafigura Derivatives Limited  Poor credit quality
e prime, inc.    Poor credit quality

Regards,
tm


Rogers and Kevin, thanks again for arranging the meeting in Houston
Wednesday.? You have a very bright group and its no wonder why your company
enjoys such overwhelming success.? Let me know if I can provide any
supplemental information related to?my business model that would clear the
way to defining how an association between our companies could exist.?
?
I hope I conveyed my enthusiasm and I look forward to hearing back from you
regarding how?we proceed.
?
James H. Irvine
?
WWW.FlyAshDirect.com
E-Mail:  jim@FlyAshDirect.com
Office:?  513.871.9733
Cell:????  513.235.5575
Fax:???  513.871.1974?


Sorry, but don't know the names offhand.  Haven't seriously looked externally for 5 years.

 -----Original Message-----
From: 	"Chris Spintzyk" <cspintzyk@thinkingahead.com>@ENRON
Sent:	Wednesday, November 14, 2001 10:55 AM
To:	Arnold, John
Subject:	Thanks for taking the call this morning

John,

Thanks for taking my call this morning and giving me the lay of the
land.  You mentioned the fact that there are a couple of HeadHunting
firms out there that are doing some business on the Trading side...do
you have any idea what firms those are so I can do some checking around
to see what they are all about etc....

Any other ideas you might have would be appreciated.

Thanks again for the time.  I do appreciate it....

Chris Spintzyk / Search Partner
ThinkingAhead
615.316.5474 Office
615.400.8719 Mobile
chriss@thinkingahead.com
www.thinkingahead.com

" A players hire A players.  Hire B players and you end up with a
company full of C's "

"Each day the good lord gives me an opportunity to be good, better, or
best.  Each day I pledge to the Lord I will not rest until my good is
better, and my better is the best !"

"Something Terrible Happens when people don't sell something.....Nothing
!!"
> ----------------------------------------------------------------------
> ------------------
> 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.
>
 <<Chris Spintzyk.vcf>>
 - Chris Spintzyk.vcf << File: Chris Spintzyk.vcf >>


Enjoy!
 - 20020109ERCOT_LOAD.XLS
 - 20020109ERCOT_FLOW.XLS


During our off-site at Columbia Lakes recently,  we identified areas in ENA
where significant gaps exist that need filling at the Analyst and Associate
level.  We have scheduled an off-cycle Super Saturday on June 3, 2000 and I
would like your participation as an interviewer.  We will need approximately
25-30 interviewers to fill approximately 30 Associate & Analyst positions.  I
am counting on everyone making themselves available on the third to
facilitate this priority action item.

Ted Bland will be forwarding information concerning the event to each of you
early next week.

Thank you for your participation.

Dave


Bill Williams has all of  the details on how to deal with this length.

C


Check out the latest version of Enron Business Online at home.enron.com.
Click on Publications, then on Enron Business and "Volume 5, 2000".  This
issue, read about what Ken and Jeff could have worn for Halloween costumes!

Also in this issue:

? Enron Broadband Services chips away obstacles;
? DealBench and the art of the paperless deal;
? Global risk managers structure risk even insurers can like;
? Diversity and what you think;
? Enron rescues a giant panda; and
? The Rise School leads lessons in compassion and ABCs.


-----Original Message-----
From: Braddock, Billy
Sent: Monday, November 26, 2001 11:15 AM
To: Kroll, Heather
Subject: A luxurious resort - La Casa Que Canta

 http://www.lacasaquecanta.com/


Gerald,

Attached is the Cascade agreement we talked about.  Please call with questions/comments.

Dave Fuller
503-464-3732

PS - They want us to sign this as part of the deal.


Jeff here's the last electronic version of the Time Warner Case.
Jimmy
 - time warner case memo 0429.ZIP


FYI
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 10/11/99 05:03
PM ---------------------------

Barton Clark
10/11/99 04:04 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Underwriting Review of Catalytica Transaction, including Spark
Spread Derivative

Brad Nebergall advises he has not sought formal approval of the Catalytica
transaction because it is too early to know for sure that we have a deal (
ie, we still do not have GE's reaction to the latest draft Xonon
Implementation Agreement and, as we discussed, we will still need to get the
Option Repurchase Agreement blessed by Catalytica's auditors). Brad said,
however, that he has met twice with underwriting on the transaction, and that
Dave Delaney is in "general agreement" with the deal "in concept". I hope
that addresses your inquiry, and I'll update you when (and if) we move to the
next stage.


---------------------- Forwarded by Jennifer Cutaia/Corp/Enron on 11/13/2000
10:09 AM ---------------------------

Etelvina Guerra@ENRON_DEVELOPMENT
11/13/2000 09:39 AM
To: amartinez@proeza.com.mx, Jessica.Anaya/HOU/ECT@ECT,
claudiaidette@aol.com, <taikkiris_chick@hotmail.com>, ccantu@abm.com,
CorralesM@EpEnergy.com, aurora_garcia@valic.com, HerreraM@perryhomes.net,
Jennifer Cutaia/CORP/ENRON@ENRON, karina.benavides@lyondell-citgo.com,
LisaCastillo/NA/ENRON@ENRON.COM, Yanira.MARTINEZ@us.socgen.com @ ENRON, Iris
montemayor/GPGFIN/ENRON@Enron, nohemisalazar@yahoo.com,
yolly_lolly@yahoo.com, Claudia.Guerra@Enron.Com, Sonia
Guerra/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, zkafarela@hotmail.com
cc:

Subject: Staying Busy

> You MUST Read Out LOUD!
>
> Go slow, not too fast
> when you do this.
>
>
>
>
>
>
>
> This is this cat
> This is is cat
> This is how cat
> This is to cat
> This is keep cat
> This is a cat
> This is retard cat
> This is busy cat
> This is for cat
> This is forty cat
> This is seconds cat
>
>
>
>
>
>
>
>
> Scroll down .....
>
>
>
>
>
>
>
>
>
>
>
>
>
> Now go back and read the THIRD word, in each line, from the start.
> Everyone knows someone they can send THIS to!!!


How is the ticket availability looking?  (for me from you)


yep, soon?

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Friday, January 04, 2002 2:27 PM
To:	Maggi, Mike
Subject:

are you going to walk out with me?


This book request is complete.  Please contact me if you have any questions.

Thank you,
Susan Trevino
x3-1462


Folks -- I was able to convert the documents provided to me into the tif
files attached.  Later Joe

 - Outline.tif
 - Interim Report.tif


Girls,

We are planning to meet at Yvette's (2035 Milford) at 6:30. I believe everyone recalls how to get there. I have 2 places in mind, but please bring other suggestions. I just figured none of us have been to either of these:

1. Baba Yega
http://houston.citysearch.com/profile/9842445/

2. La Vista
http://houston.citysearch.com/profile/11424176

Heather,
email me and let me know if you would like me to pick up your t-shirt for tomorrow for you. Also, we are supposed to be at the SSK House at 8 am and it is right down the street from me so let me know if you would like to go together.

see you all soon,
lisa


May 11, 2001

Notice to:  All Producers, Receipt Point Operators, Interconnecting
Pipelines and Shippers on the Transcontinental Gas Pipe Line
Corporation System

Subject:  North Terrebonne Processing Plant - Notice of Force Majeure

Transco received the following notice today from the operators of the
Terrebonne plant.

 "In accordance with Article XVII of the above referenced
agreement please be advised that the North Terrebonne Gas Processing
Plant and Tebone Fractionation Plants shut down yesterday, May 10,
2001.  The shut down was due to a propane leak on the suction side of
one of the refrigeration compressors at North Terrebonne.  An incident
investigation team is preparing to investigate the exact cause of the
leak.  Present estimates of the duration of the shut down are uncertain
but may be as long as three to five days."

As a result of this outage, delivery points on Transco will see a
temporary increase in the heating content (Btu) of the quantities
received from the Transco system.  Transco expects the situation to be
alleviated shortly per the above notice and will provide an update as
it is received from the plant operators.

If you have any questions, please contact your Transportation
Scheduling Representative.

 - C.DTF


This deal has been changed to AEP.

Thanks,
Kate

Evelyn Metoyer@ENRON
12/12/2000 02:01 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 12-12-00 Discrepancies

Matt Motley
ref: 478877
Amerex shows cp as AEP not Sempra


Here are the models that you are looking for.  If you want, do you want to
send me the latest "Old ISG" model and I can begin to think about how to
incorporate the genco models into that one.  Let me know when you guys want
to meet.  Talk to you soon.
Ben


Thank you for choosing Time Warner Road Runner as your high speed online
provider. Your request has been received and it is currently being processed.
A  customer service professional will be in contact with you within 48 hours.
While  you wait, here are answers to some of the most commonly asked
questions.

Q. If I am already a Road Runner customer what will happen to my account?

A. Your account will be transitioned to the new Enron ClickAtHome rate. This
process is transparent to the end user. The difference will be seen in your
monthly bill. Keep in mind that there may still be a prorated amount due
from  the previous billing method. Also, an account that is currently
delinquent  cannot be transferred until the previous balance is paid in full.

Q. I,m not currently a Road Runner customer. What is the process?

A. Your address will be checked to verify Road Runner serviceability. If
serviceable, a customer service professional will contact you to set up an
appointment for a new install. There are typically two time slot options a
customer may choose, 8am ) 12 noon or 1pm ) 5pm.

Q. Are there any installation charges?

A. All Enron customers will be charged a fee of $39.95 for a standard
install  (network interface card not included). Keep in mind that if you are
getting your  computer through the Click at Home project, a network interface
card is already  included. A standard install is one that only requires the
installer to run the  cable to an outside wall. There are extra fees for a
network interface card and  running the cable between an inside wall.


Please contact Tana Jones at X33399.  She is the paralegal who would know if
a contract was executed.

Matilda Machado
04/27/2001 12:17 PM
To: Georgi Landau/NA/Enron@ENRON, Rhonda L Denton/HOU/ECT@ECT
cc:
Subject: Executed ISDA

Hi Ladies,

I'm trying to find a contact in your legal department to verify if an ISDA
was created/executed yesterday or not?  One of our traders has asked us to
send out some confirmations on a counterparty that is not in Global CP, yet
he tells us that an ISDA was finalized yesterday?????  Thanks,

Matilda


There were some schedule changes to april and may due to some training
classes on the last weeekend in April.  If anyone has conflicts let me know
or trade where possible.

ryan


Sandy, we are still finalizing the contract and expected volumes with Cabot
Oil & Gas Marketing Corporation for the two Terrebonne Parish deals
referenced above, but we expect to enter into a long term deal prior to the
end of December.  Would you please re-confirm that the notional pricing set
forth in your 11/13/2000 memo for the two Cabot Terrebonne Parish deals is
still valid for 5 years firm out of January 2001 for 80% of the volumes cited
in my original request .  Thanks.

George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 12/11/2000
07:26 AM ---------------------------

	Enron North America Corp.

	From:  Sandy Olitsky                           11/13/2000 02:11 PM

To: George Weissman/HOU/ECT@ECT
cc: Eric Moon/HOU/ECT@ECT, Jill T Zivley/HOU/ECT@ECT, Melissa
Graves/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron, Robert
Crockett/HOU/ECT@ECT
Subject: Cabot Quotes

George:

We got new quotes from the desk regarding Cabot.  Attached is the spreadsheet
with the new numbers.  Let me know if you need anything else.

Thanks.
Sandy


take off cisco as well.  somehow it was added back to debbies list or
possibly the states have 2 lists.

bs

Mark Dilworth
07/03/2000 18:31
To: David Forster/HOU/ECT@ECT
cc: Bryan Seyfried/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT

Subject: US reference credits

Dave

Mark just called me - 6 on 6 off from our original 12:

remaining are

AT&T
Cisco
Citizens
Constellation
Dell
MCI

M


I've checked with Matt Motley and changed 458712 and 458718 to reflect broker
fees of .0075.

I've left a message for Mike Swerzbin to double-check. He has 457489 entered
in his log book with no broker fee, but 459812 says nothing either way; so
I'd like to get ahold of him before I change anything.

Thanks,
Kate

Kerri Thompson@ENRON
11/22/2000 09:19 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: natsource fees

458712 .0075
458718  .0075
457489  .0075
459812  .0075

the broker shows the fees on these trades, we have 0.  can you check this out?

thanks


-----Original Message-----
From: Cernosek Jr., Frank
Sent: Monday, November 26, 2001 8:46 AM
To: Quigley, Dutch
Subject: Margin by Commodity 11/19/01 Trade Date

Dutch,

We are in the process of updated Tuesday/Wednesday activity and will send when completed. Anticipated completion 10:00am today....

Frank F. Cernosek
Exchange Accounting
Financial Operations
713-853-1581


The attached news release crossed Business Wire at 8:16 a.m. today

 - Xigris Approvable Letter release.doc


missing deal for mike driscoll

buy duke
298.00
25 mw
june
midc


---------------------- Forwarded by Carla Hoffman/PDX/ECT on 08/11/2000 10:18
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     08/11/2000 09:59 AM

To: "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
cc:  (bcc: Carla Hoffman/PDX/ECT)
Subject: DJ Rising Electricity Prices Could Be Wild Card In July CPI

16:55 GMT 11 August 2000 =DJ Rising Electricity Prices Could Be Wild Card In
July CPI

   By Henry J. Pulizzi
   Of DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)--Now that gasoline prices are finally settling down,
economists say another energy component could prove to be a spoiler on the
government's main consumer inflation gauge.
Amid a shifting regulatory landscape and typical summertime price increases,
the nation's utilities appear to be boosting consumers' electricity bills
enough to skew the Labor Department's July consumer price index. Those gains
would partly offset the anticipated favorable influence of recently
declining gas prices.
"There is a real chance of starling increases in electricity prices over the
next month or two, thanks mostly to the bungled deregulation of the
industry," Ian Sheperdson, chief U.S. economist at High Frequency Economics
in Valhalla, N.Y., wrote in a recent report. "All the anecdotal evidence
from the West and East Costs suggests consumers are reeling from sudden
double - and in some cases triple - digit percentage increases in their
bills."
First Union economist Mark Vitner agreed: "It is a potential trouble spot,
it is a particular problem in the West." In California, where no new power
plants have been built in a decade, the private companies that purchased
plants from the state's utilities have been raising prices in response to
strong demand and dwindling supply.
The impact of the cost increases will be revealed Wednesday, when the Labor
Department releases the July CPI next Wednesday.
Economists generally expect the figures to point to a continued tame
inflation scenario - a 0.1% overall monthly increase, featuring declining
clothing, computer and gas prices is forecast. Labor Department economist
Patrick Jackman said recent statistics suggest gas prices fell 3% to 3.5%
last month. That would mark a departure from June, when soaring prices at
the nation's gas stations contributed to a big 0.6% spike in the CPI.
Rising Demand, Surging Prices
But electricity, which represents 2.5% of the entire index, will be a wild
card in the coming report.
Electricity costs usually rise in the summer as consumers pay more for the
juice that powers their air conditioners. This summer is no different,
Vitner said, adding that utilities have even more pricing power than normal.

"Overall demand for electricity has been rising. All this high-tech
equipment uses a lot of electricity," Vitner said.
Indeed, prices rose 0.8% in June after seasonal adjustments. Before those
adjustments, prices surged a whopping 6.6% during the month.
As for a July increase, Jackman said "it certainly is a possibility. The
question is how are the seasonal factors are going to handle it."
Sheperdson, however, believes it's clear that electricity costs are on the
rise. "Three factors are driving prices higher," he said. "First, flaws in
the auction system set up after deregulation effectively allow the
generating companies to manipulate prices at times of high demand. Second,
the economic boom means that periods of high demand are much more common
than was anticipated at the time of deregulation, so generators have more
opportunity to extract premium prices from distributors and, hence,
consumers. Third, little new electricity-generating capacity has been added
in recent years."
Producer prices, which Sheperdson says provide a good guide to movements in
the CPI, may offer ominous insight into the potential consumer electricity
price gains. Residential electric power prices on the producer level rose
faster in July than at any point since January 1991.
And they aren't expected to slow down anytime soon. August could be
especially problematic because higher electricity costs will coincide with
another pickup in gas prices and continued gains in natural gas prices,
Vitner said.
"We have no idea how far the CPI measure of residential electricity prices
could rise, but there must be a good chance that substantial increases will
be recorded," Sheperdson said. "With natural gas prices also climbing again,
following a dip in July, it may take a while before energy ceases to push
inflation higher."
-Henry J. Pulizzi; Dow Jones Newswires; 202-862-9255;
henry.pulizzi@dowjones.com 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.

 <<Gunther Pergher (E-mail).vcf>>
 - Gunther Pergher (E-mail).vcf


The attached waas prepared by Amin Maredia last week, as we were getting up-to-speed on PGE's cost sharing mechanism and a potential drop in 3Q earnings.  This document is for your education only - obviously, we will learn more as the 3Q numbers begin shaping up.

Paula


Please set up a meeting for this afternoon and invite the following people.
Bob Superty
Kathy Kelly
Ed Terry
Tricia Bowen
Judy Townsend
Dan Junek
Chris Germany
Victor Lamadrid
Molly Johnson
Randy Gay
George Smith
Maria Garza
Mark Friedman
Ami Chokshi
Scott Mills
Dave Nommenson
David Scott - with CES

Hopefully this will be a quick meeting.


This is an FYI.

The Associate/Analyst program will be holding an information lunch next
Wednesday, June 14, from 11:30 a.m. to 1:00 p.m.  The scheduled speakers are
Jeff Shankman, Managing Director with ENA Gas Trading, and Sally Beck, VP
with Energy Operations and Globel Risk Management.

Click on attachment above for more details and where to pick up your tickets.

Please respond by 12:00 noon Monday, June 12, 2000 to Debbie Flores by e-mail
@dflore2@enron.com, or by phone at x5.7344.

Thank You.
Debbie Flores


Because of credit reasons, the name above will remain the name under the
contract.  Global Counterparty has agreed to set up this dba as listed on the
contract.  Once this CP has been set up, I will need the trades moved to this
CP and the deals will need to be reconfirmed in the accurate name.

If there are no objections, I will move the deals and instruct the confirm
person to resend the confirms.  I will also move the contract to this new
name.  Genia will prepare the amendment covering just the change in the
credit provisions.

If Portland holds the fully executed original, please forward to me at your
earliest convenience.  If you have any questions or further instructions,
please contact me at X35871.


HOEGH GALLEON, DATE:	01 06 01	12:00	13:00	(UTC)
A) Position at noon:	N	30 06	W	036 38
B) Dist. From last noon:	448	nm
C) Dist. To go to next port:	3274	nm
D) ETA next port:	LAKE CHARLES	9th 04hrs	LT
E) 1: Average sea/wind	Sea:	NW 4	Wind:	4
    2: Average speed	17.92	kn	RPM:	91.39
    3: BOG 	256.9	m3
    5: F.O Consumed	30	m3
    6: G.O. Consumed	0	m3
    7: Average vapor press		Average liq. Temp:
Tk1:	0.145	bar	-158.39	?C
Tk2:	0.143	bar	-158.31	?C
Tk3:	0.143	bar	-158.21	?C
Tk4:	0.141	bar	-158.37	?C
Tk5:	0.147	bar	-158.27	?C

Brgds Knut Bentzr?d
Master LNG/C "Hoegh Galleon"

E-mail: master.gall@hoegh.no
Teleph: Inmarsat tel.no.+873 330853910
Fax   : Inmarsat fax no.+873 330853913
Telex : Inmarsat B telex no.+583 330853915
Telex : Inmarsat C telex no.+583 430853910 (24hrs.watch)