2 e-mails attached
---------------------- Forwarded by Richard Shapiro/NA/Enron on 07/06/2001 03:37 PM ---------------------------

Pat Shortridge
07/06/2001 01:18 PM
To:	John Shelk/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Chris Long/Corp/Enron@ENRON, Richard Shapiro/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Carolyn Cooney/Corp/Enron@ENRON
cc:

Subject:	Davis & Company -- incompetence personified

You hate to say that someone can't do anything right, but THESE GUYS CAN'T DO ANYTHING RIGHT.

   California Power-Buying Data Disclosed in Misdirected E-Mail By Daniel Taub  Sacramento, California, July 6 (Bloomberg) -- California Governor Gray Davis's office released data on the state's purchases in the spot electricity market -- information Davis has been trying to keep secret -- through a misdirected e-mail.  The e-mail, containing data on California's power purchases yesterday, was intended for members of the governor's staff, said Davis spokesman Steve Maviglio. It was accidentally sent to some reporters on the office's press list, he said.  Davis is fighting disclosure of state power purchases, saying it would compromise negotiations for future contracts. This week, Davis appealed a state judge's order to release spot-market invoices, purchase orders and confirmation sheets for power contracts signed through June 27. The state is buying electricity on behalf of utilities, which are burdened by debt.  ``It's an internal document,'' Maviglio said of the e-mail. ``We have a meeting every morning where we discuss issues of the day.'' The e-mail contained minutes of today's meeting, he said.  According to the e-mail, the state bought 283,000 megawatt- hours of electricity for $37.4 million yesterday. One megawatt- hour is enough electricity to light 750 typical California homes for an hour. Prices ranged from $25 to $149.99 a megawatt-hour. Maviglio said the information in the e-mail is accurate.  Power for next-day delivery during peak-use hours averaged $79.67 a megawatt-hour on the California-Oregon border yesterday, according to Bloomberg Energy Service. California paid an average of $132 on the spot market, according to the e-mail. Prices on the spot market tend to be higher than on the day-ahead market.  The governor has proposed releasing data on spot-market purchases once a quarter, arguing that the state uses power-buying strategies tailored to each season. Lawyers for the media and Republican legislators say state law requires disclosure of contracts within seven days after they are signed.

---------------------- Forwarded by Richard Shapiro/NA/Enron on 07/06/2001 03:37 PM ---------------------------

Ban Sharma@ENRON_DEVELOPMENT
07/06/2001 01:27 PM
To:	Mark Palmer@ENRON
cc:	Richard Shapiro@Enron

Subject:	DWR Contracts Summary Website

Mark,

Your site is finally activated. Real interesting. Worth a look

Link to the DWR Contracts.

http://www.sco.ca.gov/power_page/contract_info.htm

Ban

An interesting article too:

Connell: Power cost twice Davis' figure
July 6, 2001
By JOHN HOWARD
The Orange County Register
SACRAMENTO -- The average cost of electricity purchased under $43 billion of worth of state contracts is actually more than double the amount reported by Gov. Gray Davis' administration, state Controller Kathleen Connell said Thursday.
Connell said her staff's analysis put the per-megawatt average at $170, compared with $69 to $79 estimated by Davis.
Connell stopped short of suggesting that the higher cost could drive another increase in rates, although consumer groups said the higher amount likely would require some future increase.
The controller, who writes the state's checks, said her figures assume fixed prices for natural gas over the duration of the contracts, which range from a few months to 20 years.
The administration, noting that nearly half its contracts are pegged to the fluctuating market price of natural gas, said costs on many of the contracts would decline over time.
Consumer groups were skeptical of the administration's numbers.
"You could cut these numbers in various ways and make different averages, long-range or short-range contracts, peak power or nonpeak, and probably either average could be defended mathematically," said Nettie Hoge of The Utility Reform Network. "We can't tell you whether it's $69 or $170 - the contracts are very convoluted and complex."


President Clinton: Taking Action To Help California With High Electricity
Prices


Probably a fraud get the id #'s!

k

From:	Paige Cox/ENRON@enronXgate on 01/03/2001 11:39 AM
To:	Greg Whalley/HOU/ECT@ECT, Mark Frevert/NA/Enron@Enron, Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, Jeffrey McMahon/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT, Rick Buy/HOU/ECT@ECT, Greg Piper/Corp/Enron@Enron, Cindy Olson/Corp/Enron@ENRON, Cliff Baxter/HOU/ECT@ECT, Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON, Beth Perlman/HOU/ECT@ECT, Jenny Rub/ENRON@enronXgate, Dan Bruce/HOU/ECT@ECT, John Pavetto/Corp/Enron@Enron, Jay Webb/HOU/ECT@ECT, Andy Zipper/Corp/Enron@Enron, Jim Fallon/Enron Communications@Enron Communications, Tommy J Yanowski/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON, Robert Jones/Corp/Enron@ENRON, Louise Kitchen/HOU/ECT@ECT, David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Dave Samuels/HOU/ECT@ECT, Andrew S Fastow/HOU/ECT@ECT
cc:	Philippe A Bibi/HOU/ECT@ECT, Peggy McCurley/HOU/ECT@ECT, LaMetrice Dopson/ENRON@enronXgate, Tammie Schoppe/HOU/ECT@ECT, Liz M Taylor/HOU/ECT@ECT, Nicki Daw/NA/Enron@Enron, Kay Chapman/HOU/ECT@ECT, Cathy Phillips/HOU/ECT@ECT, Jennifer Burns/HOU/ECT@ECT, Sue Ford/HOU/ECT@ECT, Marsha Schiller/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON, Bridget Maronge/HOU/ECT@ECT, Karen K Heathman/HOU/ECT@ECT, Tina Spiller/Corp/Enron@Enron, Kathy McMahon/NA/Enron@Enron, Susan Skarness/HOU/ECT@ECT, Rosalee Fleming/Corp/Enron@ENRON, Susan Jones/ENRON@enronXgate, Cherylene R Westbrook/HOU/ECT@ECT, Norma Yeverino/HR/Corp/Enron@ENRON, Lydia Cannon/HOU/ECT@ECT, Lucy Marshall/Enron Communications@Enron Communications, Mike Harrelson/NA/Enron@Enron, Paige Cox/ENRON@enronXgate, Clayton Elliott/ENRON@enronXgate, Robert Buckman/ENRON@enronXgate, Matthew Campbell/ENRON@enronXgate, Tavares Johnson/Contractor/Enron Communications@Enron Communications, Fahd Lodi/ENRON@enronXgate, Gregory McIntyre/ENRON@enronXgate, Travis Wall/ENRON@enronXgate, Christopher Walton/Enron Communications@Enron Communications

Subject:	Compaq iPAQ -- please read

Happy New Year --

The Executive Support Team would like to make you aware that we have experienced 2 instances of a particular issue relating to the Compaq IPAQ hand held devices.

ISSUE:  The screen will flip flop the text, rendering the device unusable.

We are researching the issue with Compaq to ascertain whether these instances are isolated, or if the problem is more widespread.

Should you experience any issue with your iPAQ, please contact me at ext. 35428.

Thank you

S. Paige Cox
Manager Trader & Executive Support/Special Projects
Enron Net Works
office:	713-853-5428
cell:	281-830-1111
paige.cox@enron.com


Kerri, here is the information you have requested.

Cherie D. Hernandez
465-47-0999


I neglected to include the attachment to my previous e-mail.

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_6_bill_20010416_amended_
asm.pdf


i got your jacket from bass


Executive Summary
AvailDocument is the deliverable given to Erik Ellis to support Business
Development turbine sales efforts.  I send it you to expedite coordination
between analysts and the Controller  Group.  Garth Ripton asked for feedback
on an earlier draft of this table and Eric Ellis asked for it to be updated
on how existing counters worked and reviewed for how counters should work.
The document AvailDocumentcolor retains the same green and red coding
initiated by Garth in the earlier draft.   The yellow coloring indicated
changes or comments added by Mark Walker.  Paul Landers and Kim Nguyen were
very helpful in gathering data on the existing result of faults and errors
and I coordinated with two Field Crews to ensure that the counters were
compatible with Field Ops requirements.

One important result is that several counters cause the maintenance time
counter to be incremented even though they also would be used for repairs.
If the rotary switch on the controller panel is religiously set to "maint" or
"repair" before all maintenances or repairs then there will not be any
excessively large number of maintenance hours.  Field Operations will request
further emphasis on using the rotary switch to ensure that availabilities are
correct.


FYI re:  Crane
---------------------- Forwarded by Michelle Cash/HOU/ECT on 09/08/2000 10:27
AM ---------------------------

FMackin@aol.com on 09/08/2000 09:50:51 AM
To: Michelle.Cash@enron.com, Rick_Johnson@enron.com, dlenfes@enron.com
cc:
Subject: Project Crane

Attached is my preliminary report based on the information in the data room.

There was not near enough information in the data room, and for the second
time, there was no one from the Seller present at the data room who we could
ask questions of.

There are a couple of areas of concern.  There is still a lot of data to be
furnished.  Much of the documents in the data room was not allowed to be
copied.

I have instructed Paul Blundy, the  attorney contact for our Canadian counsel
to have documents sent to Rick.

Rick, as you receive data that involves benefits, please send it to Dee.

I provided a copy of our Q format to Roland, our Canadian labor counsel, to
format and revise as need to fit the Canadian companies being acquired.  He
seemed to be knowledgeable in labor relations, but will need actuarial help
(as will we) in reviewing the benefit accruals for defined benefit plans.

For the next two weeks, I will have my beeper and will check my phone
messages as I find telephones in the wilderness.

I also provided a hard copy of the attachment to the Enron deal guys before I
left Toronto.

Pat

 - Crane DDlgnce Q1.doc


Suzanne:
Yes I did.  My appt. on Monday is at 8:50 so I think that 10:30 should work
assuming no complications.
carol


I've made some significant re-writes, especially to our alternate proposal
section.  I have a question about the next to the last paragraph,
Jeanne/Roger, that I would like to clarify before we file.

Let me know your thoughts.  (See attached file: Enron response to Pet Mod
PG&E SCE.DOC)
 - Enron response to Pet Mod PG&E SCE.DOC


here ya go!   give them the Fed # of 5765.

Robin

03/28/02            FINANCIAL STATUS FOR     03/28/02  16:26         PAGE   8
ACCOUNT:  40781075      ENRON N.A. CORP-ENA CASH SRV

30208746126 SAME DAY DR TRANSFER                  293,543.25
            GID:LCT20873484800
            FED20020328B1Q8024C005765
            USER REF:S053022000157645
            REF:      S053022000157645
            ORDER:    ENA CASH SERVICES
            CR BK ID: 021000021
            CR BK:    JPMORGAN CHASE BANK FORMERLY CHASE
             MANHATTAN BANK,N.A NEW YORK, NY 10004
            BENEF:    9102771343 DUKE ENERGY FIELD SERVI
            CES INC ACCT 910 2 771343 DENVER, CO US 8020
            2
            DETAILS:WT0328 DUKE DEC.INVOICECONTRACT
            2020405,DEALID S ENRONNA0037 S0530
            INSTRUCT DATE:03/28/02 ADVICE TYPE:MAIL


Here are the plots for the
cost per capita - exhibit d chart
tax revenue - exhibit c chart

and the write up for cash flow

-----Original Message-----
From: Kimberly Kupiecki [mailto:kkupiecki@arpartners.com]
Sent: Tuesday, December 05, 2000 8:31 AM
To: Jeff.Dasovich@enron.com; JKelly@fairisaac.com; tedchin@hotmail.com;
cfair@worldnet.att.net
Subject: Charts

Hello Team - the only thing I still need are the plots

Chris - do you have these?

Otherwise, everything is printed/done.

Kimberly Kupiecki
Director
A&R Partners
kkupiecki@arpartners.com
(650) 762 2800 main
(650) 762 2825 direct
fax (650) 762 2801

 - FIN Exhibit C G D.xls
 - Cash Flow Analysis.doc


For those of you keeping track, Carrizo makes 475 master swap agreements.
Conferring with Team Swap, we have at least 20 masters out or going out for
sigature this week (including the 9 Merit Energy Partner masters).  Unlike
the media in the Presidential Election, I hesitate to call this one an early
win (especially after seeing the Board in Marie's office!), but I must say,
Team Swap is looking strong.
----- Forwarded by Tana Jones/HOU/ECT on 12/05/2000 03:44 PM -----

	Stephanie Panus@ENRON
	12/05/2000 08:39 AM

		 To: Bob Bowen/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT, Andrea R
Guillen/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, Jarrod Cyprow/HOU/ECT@ECT,
Gordon Heaney/Corp/Enron@ENRON, Janie Aguayo/HOU/ECT@ECT, Derek
Bailey/Corp/Enron@ENRON, Diane Anderson/NA/Enron@Enron, Kevin
Meredith/Corp/Enron@ENRON, Scott Tackett/Corp/Enron@Enron, Celeste
Cisneros/NA/Enron@Enron, William S Bradford/HOU/ECT@ECT, Debbie R
Brackett/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Rod
Nelson/LON/ECT@ECT, Tracy Ngo/PDX/ECT@ECT, John Suttle/HOU/ECT@ECT, Russell
Diamond/HOU/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Wendi
LeBrocq/Corp/Enron@Enron, Edward Sacks/Corp/Enron@Enron, James L
Copeland/HOU/ECT@ECT, Veronica Espinoza/Corp/Enron@ENRON, Veronica
Gonzalez/HOU/ECT@ECT, Jane Wilhite/NA/Enron@Enron, Paul
Radous/Corp/Enron@ENRON, Mary Solmonson/HOU/ECT@ECT, Marilyn
Colbert/HOU/ECT@ECT, Diane Ellstrom/HOU/ECT@ECT, Lynn E Shivers/LON/ECT@ECT,
Bill D Hare/HOU/ECT@ect, Leslie Reeves/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT,
Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Anthony
Campos/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Mary G
Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, Carrie Southard/LON/ECT@ECT, Amber
Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Melissa Ann
Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Bridgette
Anderson/Corp/Enron@ENRON, Lisa Lees/HOU/ECT@ECT, Camille
Gerard/Corp/Enron@ENRON, Georgi Landau/NA/Enron@ENRON, Brent
Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT,
Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT,
Samantha Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Tana
Jones/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT
		 cc:
		 Subject: Carrizo Oil & Gas, Inc.

We have received an executed financial Master Agreement:

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

Effective Date:   November 30, 2000

Enron Entity:   Enron North America Corp.

Counterparty:   Carrizo Oil & Gas, Inc.

Transactions Covered:  Approved for all products with the exception of:
Pulp, Lumber & Paper,
          Foreign Exchange

Confirming Entity:  Enron North America Corp.

Governing Law:   Texas

Copies will be distributed.

Stephanie Panus
Enron North America Corp.


Our e-mail server has been experiencing problems today, so to make sure you
all get a copy of the PR update we went over on the public affairs call
earlier today I'm sending it again. ?If you receive it twice, sorry!

Thanks,
Jean

April 16, 2001

PR UPDATE

To: ???IEP PR Committee
Fr: ????McNally Temple Associates, Inc.
Re: ???PR Update

Key Messages

See attached memo (below)

Collateral Materials

California Journal Ad May . Conservation
California Journal Ad June . Topic: ?Open for discussion, Due May 9th
"Powerful Ideas" . At print. To be distributed to statewide media, capitol
press corps, legislature and key California policy makers, Key Washington
policy makers, congressional ?members
Senate Investigation Hand-outs/Press kits: ?

???????????Previous investigations (Including FERC handout, analysis of
Lynch/Kahn Report, ????????
??????????analysis of recent ISO report)
??????????CPUC long-term contract history
??????????Early Warnings
??????????A primer on California?s Restructured Electric Power Industry
??????????The Perfect Storm (What caused California?s Electricity Crisis)
??????????Powerful Solutions
??????????Vintage Power Plant Series-Utilizing Outage Standard Information
??????????Who Powers California
??????????Regional supply/demand chart

Web-site . www.turnonthetruth.com, continue to update

Research

Update provided on call

Earned Media

Teleconference briefings with press . On Fridays, or as needed. ?Next
scheduled for Tuesday, April 17 at 11:00 am. 1-800-374-2393, pass code:
?Independent Energy Producers
Statewide and national media outreach . Ongoing
Editorial Board Meetings . Met with Sacramento Bee (April 11) and San Jose
Mercury News (April 9). ?Will begin scheduling a round to preview "Powerful
Ideas" with: Sacramento Bee, San Jose Mercury News, San Francisco Chronicle,
San Diego Union Tribune, Los Angeles Times, Alameda News Group
"Powerful Solutions" . to be released week of April 23 with press briefing in
Sacramento and Los Angeles. ?Objective will be to promote IEP?s solutions,
while also incorporating Senate investigation key message points.
Response to Senate Investigation . available to respond to media in person at
during hearings
Electronic Media Summary .

???Governor Davis Speech Reaction: KXTV-10 Sacramento; KOVR-13 Sacramento;
KFBK-Am 1530 ???
??Sacramento; KMAX-31 Sacramento; KTVU-2 San Francisco; KPIX-5 Los Angeles;
KFMB-8 San
??Diego; KTTV-11; KNBC-4 Los Angeles ?
??PG&E Bankruptcy Reaction: KCRA-3 Sacramento; KXTV-10 Sacramento; KFBK-AM;
KCBS-AM; ?
??KGO-7 TV San Francisco; KPFA AM/FM Berkeley

KEY MESSAGES

Generators have been operating under the rules California established for its
electricity market. ?We did not create the market, nor did we write the
rules. ?In fact, the "big five" generators did not come to California until
AB 1890 invited them into the state, where they?ve since invested billions of
dollars buying, building and modernizing power plants.

. Energy companies, independent financial analysts and IEP warned that the
PUC was failing to implement AB 1890 properly, and that the market was being
set up to fail, especially the residential market.
. Last summer, generators were urging and offering long-term contacts. They
were flatly rejected. ?Had they been adopted, the crisis could have been
prevented or its severity dramatically lessened.
. This crisis was caused by three things . the failure to enter into
long-term contracts, forcing an over-reliance on the spot market; a supply
shortage, and no retail market. ?The market can be fixed. ?It should not be
abandoned.

We?re an important part of the solution.

. We?ve made extraordinary efforts to keep our plants running during this
crisis to supply California homes and businesses with electricity.
. We?ve offered solutions and been cooperative partners in legislative and
regulatory efforts to end the crisis.
. Rather than using tax money, we?re investing billions of private-sector
dollars to buy, modernize and build new power plants in California . to
generate electricity for California.
. Our new and upgraded power plants will help improve California?s air
quality and generate power more efficiently.

We?re hopeful that these hearing focus on facts, fairness and accountability.

. "Witch hunts," "scape-goating" and sensational headlines won?t solve the
problem or end the crisis.


I hope to clarify my earlier e-mail and answer your questions -

The "transmissionless" transactions that we developed business practice #11
around are CA to CA interchanges.  Historically, participants at the MIDC
would track purchases and sales of energy between each other as scheduled
interchange between their control areas.  The participants all have owned
and/or contracted transmission to/from their systems.

When tagging came along, authoring PSEs for these MIDC deals just wanted to
do a tag with one source control area and once sink control area with no
transmission segments.  There could be a dozen marketers (thus, a dozen
title transfers) in the chain, but the tag would not indicate transmission,
just interchange between source and sink CAs (limited to CA participants at
the MIDC).

At some point (1.5 or 1.6?) E-Tag required a tag to contain at least one
transmission segment.  The WSCC approached the IS to allow for no
transmission segments in a tag.  We were told no.  So, the business practice
of picking the source (or the sink) CA's TP to provide a MIDC-MIDC
transmission segment was adopted.

Hope answers your question.

Bob Harshbarger

> ----------
> From: 	Rodriquez, Andy[SMTP:Andy.Rodriquez@enron.com]
> Sent: 	Monday, October 08, 2001 9:23 AM
> To: 	Harshbarger, Robert
> Subject: 	RE: WSCC Tagging practices
>
> Robert,
>
> With regard to item 1, solution C was to communicate that WSCC could
> explore any number of other options and propose them to either its
> members or to the IS.  For example, TOs could be granted allocations of
> rights sold through a single virtual Tariff Administrator.  I guess the
> real goal was to pull the IS out of the decision making process and give
> the control to the WSCC, and if the WSCC said "we are going to do option
> a or b," then that would be fine - provided that a CONCRETE practice was
> defined, so that everybody in the WSCC did it the same.
>
> Item 2 will be a problem in E-Tag 1.7, because of how it deals with the
> relationship between TPs and CAs.
>
> In 1.67, a CA can exist independent of a TP (hence the simple fix of
> adding a single dummy TP).  Under 1.7, a CA cannot exist without a
> parent TP.  I think this will cause problems.  Theoretically, it is the
> same answer as is used in 1.67, but I think it may be much more
> confusing to many.  I would propose a formal practice, registered in
> Policy or some other document, that indicates how this is done (for
> example, create a virtual TP called "WSCC Title Transfer" and have WSCC
> entities use that specific TP, or something like that).  This would go a
> long way to reducing confusion about how each CA does business (I have
> been told it varies form company to company, and even sometimes from
> shift to shift).
>
> In your example, you indicate that "fake" transmission is being used.
> You also indicate that there is no CA to CA interchange occurring.  What
> is indicated by going from the PSEI control area to the PCW control
> area?  If this is a title transfer, then it has been tagged incorrectly.
> The only other interpretation I can make is that the energy is moving
> from the PSEI control area to the PCW control area.  You previous
> discussion seems to support this also.  I am not sure how dynamic
> schedules or grandfather transmission relate, as those are required to
> be tagged also, as they should be using transmission service.  I know
> the WSCC has been violating that practice, and recently sought an
> exemption form the IS, but at this point, the exemption has been denied.
>
> I would appreciate an explanation, as I am unsure I yet understand what
> is happening.  Is it a title transfer, or is it interchange?
>
> Andy Rodriquez
> Regulatory Affairs - Enron Corp.
> andy.rodriquez@enron.com
> 713-345-3771
>
> -----Original Message-----
> From: Harshbarger, Robert [mailto:bharsh@puget.com]
> Sent: Monday, October 08, 2001 11:03 AM
> To: Rodriquez, Andy
> Subject: RE: WSCC Tagging practices
>
>
> Comments were inserted in your letter contained in the body of your
> original
> e-mail.  I've copied and pasted that text into a Word document -
> formatting
> all screwed-up.
>
>  <<comments to IS letter.doc>>
>
> The posted WSCC business practice #11 reads:
>
> For transactions that occur at only one bus (i.e. no OASIS/GF
> transmission
> involved) use a willing TP on the second line with the same PSE as on
> the
> first line and the words "Single Bus" in the OASIS reservation field and
> "7-F" as the Product.
>
> Guess we need to understand what it is about 1.7 that prevents someone
> from
> creating a tag for these types of transactions.
>
> A related issue to this is there CAs that are not registered as TPs.
> So,
> when Seattle City Light sells to Chelan PUD at the MID-C, who does the
> transmission segment of the tag.  Neither has registered as a TP.  So
> the
> transaction just doesn't get tagged.
>
> Bob
>
>
> > ----------
> > From: 	Rodriquez, Andy[SMTP:Andy.Rodriquez@enron.com]
> > Sent: 	Monday, October 08, 2001 7:14 AM
> > To: 	Harshbarger, Robert
> > Cc: 	Hackney, Mark; Grow, Lisa; DEMPSEY, JERRY; McIntosh, Jim;
> Lacen,
> Don
> > Subject: 	RE: WSCC Tagging practices
> >
> > Bob,
> >
> > I did not get your attached file.  Please resend.
> >
> > I know that there is fake transmission that is supposed to be used
> > today, but I continue to see situations where that is not applied.  As
> > it stands today, the incorrect practice will function under 1.6, but
> not
> > under 1.7.  As such, I would like to see a definitive 1.7 practice
> > defined and listed someplace so that ALL of WSCC has to follow the
> > practice.  Otherwise, our West desk has no idea what is right or
> wrong,
> > and they end up having to memorize the ways that each provider likes
> to
> > see their tags.  That is unacceptable.
> >
> > Andy Rodriquez
> > Regulatory Affairs - Enron Corp.
> > andy.rodriquez@enron.com
> > 713-345-3771
> >
> > -----Original Message-----
> > From: Harshbarger, Robert [mailto:bharsh@puget.com]
> > Sent: Friday, October 05, 2001 7:57 PM
> > To: Rodriquez, Andy
> > Cc: 'Hackney, Mark'; 'Grow, Lisa'; 'DEMPSEY, JERRY'; 'McIntosh, Jim';
> > 'Lacen, Don'
> > Subject: FW: WSCC Tagging practices
> >
> >
> > Andy -
> >
> > I marked-up your draft letter with comments.
> >
> > The second issue should be removed.  Our current practice is to
> specify
> > fake
> > transmission for these bus to bus control area interchanges.  I think
> > that
> > will still be possible in 1.7.  In any event I inserted some related
> > comments in that section, too.
> >
> > Robert Harshbarger
> > Puget Sound Energy
> > OASIS Trading Manager
> > 425.882.4643 (desk)
> > 206.604.3251 (cell)
> >
> >
> > > ----------
> > > From: 	Rodriquez, Andy[SMTP:Andy.Rodriquez@enron.com]
> > > Sent: 	Friday, October 05, 2001 8:26 AM
> > > To: 	osc@nerc.com
> > > Subject: 	WSCC Tagging practices
> > >
> > > Please review this letter and make sure it is correct.  These issues
> > > were brought up in our Phoenix tag training.  I will plan on sending
> > to
> > > the IS Monday morning.
> > >
> > >
> > > Members of the IS,
> > >
> > > In our recent E-Tag 1.7 Training sessions, we had two common issues
> > > brought up regarding the way tags are handled in the WSCC.  We would
> > > like your guidance and assistance in regard to these issues.
> > >
> > > 1.) Jointly owned transmission
> > >
> > > In the west, several jointly owned transmission facilities exist.
> In
> > > these situations, one particular line or path is managed by operated
> > > within a single
> > > control area, but has several different Transmission Owners.  In the
> > > East, I believe that we  address this situation by having one entity
> > > administer a single OATT and the TOs receive transmission revenues
> as
> > > distributions from the administrator of the OATT (much the way that
> > SPP
> > > or MAPP distribute regional tariff revenues to their members).
> > >
> > > In the west, they have taken a somewhat different approach.  In this
> > > case, each TO administers their own tariff.  So it is possible that
> a
> > > transaction could utilize more than one TP on the same transmission
> > > segment.  In such a situation (and
> > > common practice) for a tag to be written that could "stacks" TPs.
> So
> > we
> > > might
> > > see in a tag a three transmission providers all flowing on the same
> > path
> > > within the same Control Area:
> > >
> > > CA		TP	OASIS		PATH
> > >
> > > AAA	AAA	123456		POINTA/POINTB
> > > AAA	BBB	234567		POINTA/POINTB
> > > AAA	CCC	345678		POINTA/POINTB
> > >
> > > Is this representation of the transaction's physical segment valid?
> > We
> > > perceive several potential  have two solutions:
> > >
> > > a.) Tag as above for convenience
> > > b.) Tag as a separate tag for each TP
> > > c.) Indicate to WSCC that process is invalid, and let them determine
> > > their own solution [note: there are only two possibilities here.
> > Solution
> > > c suggests a PSE can not buy transmission from multiple providers
> for
> > the
> > > same path].
> > >
> > > Some concerns have been raised by some WSCC members that "solution
> a"
> > is
> > > might be difficult during curtailment processing, as it is hard to
> > > determine
> > > which cuts should be made at what points.  However, other entities
> > point
> > > out that the tag does represent energy flow along a single contract
> > > path, and the "stacking" really only identifies contractual
> > > relationships (and as such, should be allowed).
> > >
> > > Regardless of how the issue is resolved, we encourage the
> development
> > of
> > > a standard method for handling this situation, and believe that
> > standard
> > > should be developed by either the WSCC or the IS.
> > >
> > > 2.) Control Area Bus Transfers
> > > [note: I'm not sure we can include this second issue because of the
> > size
> > > and scope of the issues surrounding it.  1.67 has required a minimum
> > of
> > > one transmission segment in the tag  and the WSCC worked around this
> > > requirement by using fake PTP transmission segments.  The same
> should
> > > probably work for 1.7].
> > >
> > > In the west, there is the practice of moving energy to different
> > Control
> > > Area entities at a bus.  In the east, I we accommodate this through
> > > title transfers and consider it a market mechanism rather than an
> > > operations mechanism.  For example:
> > >
> > > Merchant MMMMMM Generates 100MW in Control Area AAAA
> > > Marketer NNNNNN buys at the bus and sells to OOOOOO
> > > Marketer OOOOOO buys at the bus and sells to PPPPPP
> > > Marketer PPPPPP buys at the bus and wheels from AAAA to BBBB...
> > >
> > > In the WSCC, such transactions are tagged in a different manner.
> > > [note: MIDC is not tagged like this - everyone is a PSE except for
> the
> > CA
> > > generating and the CA sinking or wheeling away from the MIDC.  There
> > is
> > > not any CA to CA to CA to CA interchanges as long as the energy
> > doesn't
> > > leave the bus.]
> > 	More typical are direct transactions specifying "fake"
> > transmission
> > (especially real-time):
> > > CA		TP	PSE		OASIS		PATH
> > INFO
> > 	PSEI		PSEMKT					G@MIDC
> > 	PCW	PCW	PAC01		NOR		MIDC
> > L
> >
> > > The WSCC practice is not currently supported by E-Tag 1.7.  The
> > > structure of E-Tag 1.7 is predicated on the fact that energy cannot
> > move
> > > between Control Areas without use of transmission.
> > >
> > > Historically, participants at the generator bus have found it more
> > > efficient to track these energy exchanges at the bus as scheduled
> > > interchange between their respective control areas.  In addition,
> they
> > > typically have owned transmission and/or long-term, grandfather
> > > transmission rights to move energy to/from the jointly owned bus to
> > their
> > > systems via dynamic schedules.
> > >
> > > This issue has recently been discussed by the IS with regard to such
> > > situations where transactions use NO transmission (i.e., energy
> moves
> > > between CAs across bus, with no transmission service).  If I
> remember
> > > correctly, the IS discussed several different issues:
> > >
> > > How can a single bus be simultaneously metered in several different
> > > Control Areas?
> > > If no physical movement of power occurs, why are these transactions
> > > tagged?
> > > If the power DOES move (even across a bus) then shouldn't that
> > movement
> > > be accomplished under a tariff?
> > >
> > > As I remember the IS resolution, it was decided that such
> transactions
> > > should indicate the use of PTP transmission if indeed power is
> moving
> > > between Control Areas.  Otherwise, the market turn approach used in
> > the
> > > East (illustrated in the first example) should be utilized.
> > >
> > > This specifically becomes an issue, as E-Tag 1.67 would allow the
> > > current WSCC practice and 1.7 will not.  We would encourage the IS
> to
> > > make sure WSCC is fully prepared for this situation, and has WSCC
> > > practices in place that address this issue.
> > > Andy Rodriquez
> > > Regulatory Affairs - Enron Corp.
> > > andy.rodriquez@enron.com
> > > 713-345-3771
> > >
> > >
> > >
> **********************************************************************
> > > This e-mail is the property of Enron Corp. and/or its relevant
> > affiliate
> > > and may contain confidential and privileged material for the sole
> use
> > of
> > > the intended recipient (s). Any review, use, distribution or
> > disclosure by
> > > others is strictly prohibited. If you are not the intended recipient
> > (or
> > > authorized to receive for the recipient), please contact the sender
> or
> > > reply to Enron Corp. at enron.messaging.administration@enron.com and
> > > delete all copies of the message. This e-mail (and any attachments
> > hereto)
> > > are not intended to be an offer (or an acceptance) and do not create
> > or
> > > evidence a binding and enforceable contract between Enron Corp. (or
> > any of
> > > its affiliates) and the intended recipient or any other party, and
> may
> > not
> > > be relied on by anyone as the basis of a contract by estoppel or
> > > otherwise. Thank you.
> > >
> **********************************************************************
> > >
> > >
> >
>


We do not have a LC  form for gas.

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


FYI.  Just to keep you in the loop.   John, will you verify with Charlie that Rick Kile
and Ronnie have the lead on this and that he is not waiting on us for anything.  Thanks. Lynn
---------------------- Forwarded by Lynn Blair/ET&S/Enron on 06/24/2001 11:17 AM ---------------------------
From:	Charlie Graham/ENRON@enronXgate on 06/19/2001 02:46 PM
To:	Rick Kile/ET&S/Enron@ENRON, Ronnie Brickman/ET&S/Enron@ENRON
cc:	Randy Rice/ENRON@enronXgate, Lynn Blair/ET&S/Enron@ENRON, Dan Fancler/ENRON@enronXgate, Debbie Moseley/ENRON@enronXgate, Michel Nelson/ENRON@enronXgate

Subject:	FW: Mt. Jesus Condensate

FYI
 -----Original Message-----
From: 	Graham, Charlie
Sent:	Tuesday, June 19, 2001 2:42 PM
To:	Delaine Kurth (E-mail)
Subject:	Mt. Jesus Condensate

Delaine,

The Operating Agreement between Northern and KN (now Oneok) entitles Oneok to all condensate and drip liquids removed from any of the Northern pipelines, equipment or facilities upstream of Oneok's Bushton Plant.  That agreement also provides that Oneok will be responsible for picking-up, hauling and providing a detailed accounting of such liquids removed.  In addition Oneok is to pay Northern for the shrinkage attributable to such condensate and drip.  Northern invoices Oneok monthly for a cash reimbursement of the mmbtu's attributable to the condensate removed.

Effective April 2000, Oneok began short paying its invoices.  The table below summarizes the amount shorted through April 2001 as $67, 889.36.  This short payment reflects Oneok's refusal to reimburse Northern for removal of condensate attributable to the Mount Jesus Drip, lease # 71176.  Oneok has indicated to Northern that Oneok's contract hauler contends the liquid removed from Northern's system at this point is water.  In spite of evidence provided by Northern to the contrary, Oneok accepts its contractor's contention, apparently pays a disposal fee, and refuses to reimburse Northern for the mmbtu's lost.

This location produced condensate prior to the March 31, 1997 agreement and no change to Northern's pipeline operations that would impact condensation dropout has occurred.  Oneok was properly reimbursing Northern prior to April 2000.  In addition, the attached analysis of liquid removed from the location on September 20, 2000, demonstrates that hydrocarbon condensate continues to be collected at the drip.  Northern must insist that compensation for these BTU's removed from Northern's System be made by Oneok.  Your immediate attention to this matter is appreciated.

Thanks

Charlie
(402) 398-7061

Northern Natural Gas Company
Shortpay Analysis
Mt. Jesus Drip

						(BBLS * 42)		(GAL * .116)
Date		Rate		BBLS		Gallons		Mmbtu		Amount
Apr-01		 $ 4.9474 		345.00 		   14,490.00 		    1,680.84 		 $  8,315.80
Mar-01		 $ 4.9851 		180.00 		     7,560.00 		      876.96 		 $  4,371.76
Feb-01		 $ 5.5555 		200.00 		     8,400.00 		      974.40 		 $  5,412.96
Jan-01		 $ 8.0133 		180.00 		     7,560.00 		      876.96 		 $  7,027.33
Dec-00		 $ 8.7182 		240.00 		   10,080.00 		    1,169.28 		 $10,194.02
Nov-00		 $ 5.2090 		205.00 		     8,610.00 		      998.76 		 $  5,202.54
Oct-00		 $ 4.8727 		140.00 		     5,880.00 		      682.08 		 $  3,323.57
Sep-00		 $ 4.8503 		240.00 		   10,080.00 		    1,169.28 		 $  5,671.36
Aug-00		 $ 4.2166 		140.00 		     5,880.00 		      682.08 		 $  2,876.06
Jul-00		 $ 3.8249 		140.00 		     5,880.00 		      682.08 		 $  2,608.89
Jun-00		 $ 4.0792 		380.00 		   15,960.00 		    1,851.36 		 $  7,552.07
May-00		 $ 3.2884 		160.00 		     6,720.00 		      779.52 		 $  2,563.37
Apr-00		 $ 2.8424 		200.00 		     8,400.00 		      974.40 		 $  2,769.63

				2,750.00 		 115,500.00 		13,398.00 		 $67,889.36


missing deal for jeff

buy dynegy
16-31
25 mw
215.00
np15
on peak

mike
buy sierra
16-31
25 mw
275.00
mid c
on peak


Michelle:

The intial agreement Bob presented to EOG was for $10,000, this was to cover
the cost to refurbishing the existing 6" tap.  The work order was generated
with this amount so that the R-O-W folks would intiate a Landowner
notification letter ASAP.  EOG estimated a 5 - 15 mmcfd volume and they were
to supply all materials to re-activate this point.   A scope change was
intiated and we were to supply the EFM for their meter tube,  a verbal cost
estimate to Bob in the amount of $35,000 was relayed.  A third scope change
raised the volume estimate to over 20 mmcfd, which normally means we install
additional instrumentation.  Operations at this time insisted we add the
needed equipment to the work order.  The E&C folks then put out the tighter
cost estimate of $422,000.  This included the following cost revisions:

 Chromatograph     $55,000
 H2O Monitor     $10,000
 H2S Monitor     $35,000
 EFM      $35,000
 Flow control     $34,000
 Positive shut-in     $22,000
 Flow bypass     $12,000
 Engi. CSUP, Contig.  $120,000
 Tax Gross-up   $100,000
  Total   $423,000

Call me if you have any questions, PT 3-0667.


The following is the weekly deal report covering 5/17-5/23.


Under the "Indicative Contract Price" section of the term sheet, please add
"(no site remediation or demolition assumed)" after "the site is level,
graded and grubbed, and compacted for the roadway"

Before "or a Construction contingency" add " project development costs and
fees,"


What is the credit status for SDG?   Have you restricted online trade?

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


Start Date: 1/12/02; HourAhead hour: 2;  HourAhead schedule download failed. Manual intervention required.


Plese print these out for the CFTC file.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 10/25/99 05:52 PM
---------------------------

	Enron North America Corp.

	From:  Jeffrey Keeler @ ENRON                           10/25/99 05:09 PM

To: Kevin P Hannon/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, Steven J Kean/HOU/EES@EES, Cynthia
Sandherr/Corp/Enron@ENRON, Joe Hillings/Corp/Enron@ENRON
Subject: Treasury, CFTC thank you letters

Attached for your information are the final thank you letters (with Kevin's
changes) that went to the Treasury and CFTC officials we met with a few weeks
ago.


Hi, Tebby:
Thought I'd send a reminder about getting number/etc. for Teas nursery owner
from woman who knows him--when it's convenient.

Had a message from Daddy which he left at 10:00 a.m yesterday, saying he was
getting ready to take Dorothy to the emergency room as her tremors were so
bad. He said he was calling Pres, too, but wouldn't call Sheryl. Made me
think she might be in really bad shape, so I called him immediately after I
got home and found his message. They were back at home and she was sleeping.
Decided not to stay at hospital as all her signs were normal. Anyway, during
our conversation he said he wished I were there, and I wish I were too as I
know I could provide moral support if nothing more. That got me to thinking
about trying to fly down after all in time for Anthony's and Candice's
graduations. Don't know if it will work but am going to check flights. The
biggest hang-up could be work on the house. Guess I could postpone it until I
get back. I would come for only a week--maybe June 2 or 3 through June 8 or 9
or 10. Just tossing it out as a possibility as I'd love to see both "kids"
graduate, and also give Daddy a little help. Maybe Mother would fly back with
me. She's waiting to have surgery on both hands, though, so...

I did call Macy's in Manchester about mattresses and theirs are MUCH cheaper
than Mattress Discounters. Queen size like the one you and I had in Houston
is $1600 at M.D. but $1439 at Macy's, and if I wait until 4th of July, I
could get it during their sale for $1295!! So I'm heading over there now to
try it out and if there's time, will swing by M.D. in Nashua, just to see if
they do feel the same. Could also go there tomorrow, as I need to be at
neighbor's for dinner at 6:30.

Talk with you later, or tomorrow.

Love,
Sandy


-----Original Message-----
From: 	Chen, Hai
Sent:	Friday, October 12, 2001 2:35 PM
To:	Black, Tamara Jae
Subject:	Options Market Update
Importance:	High

T Jae,

Could you forward the followings to all traders and mid-marketers.  Thanks!  - Hai

We plan to provide all traders and mid-marketers a weekly update on selected products and activities in options market.  Attached sheet is our first issue, and your comments are much welcome.

We make markets for much more products than the listed.  If you or your customers are interested in any products not available in this sheet, please feel free to contact us directly.  If you don't want to receive this update in the future, please also advise us.

Thanks.
Hai


----- Forwarded by Tana Jones/HOU/ECT on 03/21/2001 03:24 PM -----

	Russell Diamond/ENRON@enronXgate
	03/21/2001 01:27 PM

		 To: Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: RE: Enron Canada Corp./Fletcher Challenge Open and Closed Swaps

Frank, I have attached the spreadsheet you forwarded me, and have included
the Enron TAGG#'s that match the referenced transactions.  In addition, I
have listed a few other TAGG#'s entered into between ECC and Fletcher that
are not listed on the spreadsheet.  This encompasses all the transactions we
have with Fletcher Challenge Industries Limited.

Thanks
Russell


I spoke with Dale Sanders at Williams today.  They seem very positive about the project at this point and have obviously spent a lot of money on right -of-way, regulatory filings, enviornmental and engineering work.  I had previously put this project at a very low probablility, especially with the 900 MM/d Kern expansion in 2003.  I did not think that they would be able to get Williams Marketing to take a substantial part of this capacity.  However, they are making the production company bear the costs of the capacity.  Obviously that is the key to Williams being able to have a shot at making this project a reality.

Williams is in negotiaitions to fill the other 175,000 mmbtu/d.  I have to put that probability at still fairly low, but stranger things have happened, especially if Williams decides to go at risk for some portion of the 540 MM/d.  Probably the entire project is still less than 50% but it is obviously something to monitor very closely.

If the project gets built it will substantially effect the basis market for CIG and Northwest.  Especially on the heels of the Kern River expansion. In addition, the Cheyenne market will definitely strengthen in the back years.

Call if you want to discuss or have other ideas about how to monitor these developments.

 -----Original Message-----
From: 	Whitt, Mark
Sent:	Thursday, October 25, 2001 4:54 PM
To:	Miller, Stephanie; Polsky, Phil; Tycholiz, Barry
Cc:	Bump, Dan J.; Lucci, Paul T.; Miller, Paul; Reitmeyer, Jay; Harrison, Tyrell
Subject:	RE: Western Frontier

Are they going to build it if it is not fully subscribed?  Or is Williams going to take the risk?  I wonder why Entergy is taking space?

 -----Original Message-----
From: 	Polsky, Phil
Sent:	Thursday, October 25, 2001 3:07 PM
To:	Whitt, Mark
Subject:	FW: Western Frontier

Mark,

Steph said you were looking for some info on the Western Frontier project that was in NGI today.  I called the contact person at Western Frontier/Williams and he told me that the project was not in fact fully subscribed.  He was obviously interested in speaking with you again.

I glanced through their filing, and apparently the open season led to PAs for 365,000 Dth/d of the 540,000 Dth/d of available capacity.  PA  have been signed with the following:

Marathon - 75,000 dth/d
Williams Marketing - 200,000 dth/d
Utilicorp United - 15,000 dth/d
Entergy - 75,000 dth/d

With the exception of Marathon, everyone signed up for ten years.  Marathon committed to five years, with an option to extend for two years.

Let me know if you need anything else.

Phil

 -----Original Message-----
From: 	"Sanders, Dale T." <Dale.T.Sanders@Williams.com>@ENRON
Sent:	Thursday, October 25, 2001 2:27 PM
To:	Polsky, Phil
Subject:	Western Frontier

Phil,
Here is the information that you requested.  If I can be of any other assistance, please do not hesitate to call.
 <<Electronic Version for e-mail.doc>>  <<WFSYSMAP_1.jpg>>  <<WFSYSMAP_1.pdf>>  <<WFrontierfiling.dot>>
Dale T. Sanders
Williams Gas Pipeline-SouthCentral/ Western Frontier
Project Manager-Business Development
Phone:   270-688-6944
Fax:      270-688-6320
)  e-mail:   <mailto:dale.t.sanders@williams.com << File: Electronic Version for e-mail.doc >>

 - Electronic Version for e-mail.doc << File: WFSYSMAP_1.jpg >>
 - WFSYSMAP_1.jpg << File: WFSYSMAP_1.pdf >>
 - WFSYSMAP_1.pdf << File: WFrontierfiling.dot >>
 - WFrontierfiling.dot


I would be very happy to participate.  Thank you for thinking of us.


Gas Strategy OII Parties:

Attached for your review is a draft letter which we propose to send to the
Energy Division next week on Thursday, February 1, 2001.  Such a letter is
required by Section 2.1.3.7 of our Comprehensive Gas OII Settlement that was
approved by the CPUC in D.00-05-049, which states that "By February 1, 2001,
the OFO Forum will recommend to the Commission whether the amount of storage
capacity allocated to balancing service should be revised."  Based on prior
discussions with many of you, as well as the fact that we now have many
other higher priorities, it appears to be the consensus that no change of
this type should be implemented during the term of the Gas Accord.

Please let me know by e-mail no later than Wednesday, January 31, if you
have concerns with the attached draft letter, so that I may file it with the
CPUC on February 1st.

Thank you for your attention to this follow-up matter.

Randy Litteneker
PG&E Law Department
rjl9@pge.com
415-973-2179

 <<Gas OII Storage for Balancing Letter_.doc>>

 - Gas OII Storage for Balancing Letter_.doc


Attached is a draft letter setting forth Enron's damages in connection with
the termination of certain commodity forward and swap positions with PG&E.
In lieu of sending out multiple letters and then aggregating the exposures
for set off purposes, I thought it would be more understandable if we put all
the matters in one letter.  For each product line,  I thought we could attach
all the relevant information (I'm not sure if this is making it too easy for
the court but it seems like the right thing to do). Each commodity line then
would assemble the following and attach as an Appendix to the letter:

1.  Copy of Master Contract or applicable GTC
2.  Copy of transaction confirmations
3.  Copy of termination notice sent to PG&E
4.  Chart summarizing key commercial terms of transaction(s)
5.  Chart summarizing unpaid receivables and invoices for same
6.  Chart setting forth termination payment calculation for each terminated
trade
7.  Paragraph describing methodology used to determine termination payment
valuation (eg - 4 quotes secured, threw out high and low and averaged middle)
8   List showing quotes secured (entity, person, time and amount) and the
extent available, written confirmation of such quote

I will be out of the office the rest of this week but will organize a call
for early next week in order to finalize the PG&E package.

Thanks for all your help.

Elizabeth Sager
713 853 6349


In order to continually develop and make improvements to the functionality of EnronOnline we are rolling out several changes tonight, which will be in effect on Monday August 20, 2001. Some of these changes will affect Stack Manager while others affect the Website. A summary of these changes is listed below.

Stack Manager Changes

Top of Stack limit orders - This feature will allow the price submitted via limit orders to be displayed on the website if their bid or offer is better than the trader's stack price. Stack Manger will list the price and the names of counterparties submitting such orders on the  floated stack window.  Orders will be queued by price and time stamp. When a counterparty trades on a " Top of Stack Entry" it will create back to back transactions; one between Enron and the counterparty submitting the order, and the other between Enron and the counterparty clicking on the website.

In order to turn on this functionality select the " Allowed Top of Stack" option, in the Orders section of the product properties page.  If regular limit order functionality is desired the "Allowed"  option should be selected.

Please note that this feature will be released in a disabled mode and will be turned on sometime next week after determining which business units want to roll this out.

Restricted Top of Stack limit orders - This feature will allow the price submitted only by internal traders via limit orders to be displayed on the website if their bid or offer is better than the trader's stack price. Stack Manger will list price and the names of counterparties submitting such orders on the  floated stack window.  Orders will be queued by price and time stamp. When a counterparty trades on a " Top of Stack Entry" it will create back to back transactions one between Enron and the counterparty submitting the order, and the other between Enron and the counterparty clicking on the website.

In order to turn on this functionality select the " allowed as Restricted Top of Stack" option, in the Orders section of the product properties page.  If regular limit order functionality is desired the "Allowed"  option should be selected. If a product has active orders against it you will not be able to select the "Restricted Top of Stack" feature.

Advanced Filtering Ability on All Products Tab -  Drop down filtering capability is now available for each field in the All Products tab in stack manager. In order to filter click on the arrow next to the field title. A drop down box with a list of attributes will appear. Highlight the attribute by which you wish to filter. To turn off the filter click on the arrow and select the " All" option from the drop down box.

Website Changes

New Submission Screen for Restricted Top of Stack Limit Orders -  The submission screen for  products that allow  Top of Stack or Restricted Top of Stack limit orders is as follows.

The submit button on the left makes a submission for a normal transaction, while the button on the right will submit as a limit order.  In case of the Restricted Top of Stack limit orders only internal traders will see the new submission box.

Price of Limit Orders

Modify Limit Orders
 Customers now have the ability to modify the price of any active order. In order to do so highlight the order to be modified and use the plus or minus sign next to the price field on  at the top of the "Today's Orders" section. The price will move up or down in the same increments as the tick size for that product. Once the price is at the desired level click the "Set" button and the price will be modified. Another way to modify the price on a limit order is to click on the price field on a particular limit order.  You will see a box with plus, minus and set buttons that allow you to modify that order.

Expiration time for Limit Orders
Customers can now place limit orders with expiration times of up to 30 days. Currently they may place orders for only up to 12 hours.

Float the Today's Orders Section
You can now float the " Limit Order " section. In order to do so, right click in the "Today's Orders " section and select the float window option. In order to make the window " Stay On Top " right click on the floated window and select the stay on top option.

Mid Market Client - Mid market originators will now have the ability to transact on behalf of their customers, while including their desired margin on the trade, on EnronOnline products. In order to do so Click on the bid or offer price, a customised submission window will appear.  Select the counterparty for whom you wish to transact from a drop down list , enter the desired customer price and margin and click submit. For example if a customer wants to buy Nymex Sep 01 at 3.36 and you wish to have a 1 cent margin, please enter 3.36 as the desired price and 0.01 as the margin. The system will trade the order when the EnronOnline offer for Nymex Sep 01 is at 3.35, book the trade at 3.36 and record the 0.01 origination amount.

In order to be set up to use this functionality. Please call the EnronOnline Product Control Group.

Changes to Website Passwords - As an added security measure, which has been requested by many customers, some new password rules have been instituted. First, the password cannot be equal to the login ID. Second, each user will be prompted to change his password every 90 days. These rules apply to all website passwords for both internal and external users.

Please note  Stack Manager changes will be available all traders as of Monday August 20, 2001. The changes to the website will be rolled out to a few internal users on Monday with the rest of the internal users being upgraded Monday night, and external users by the end of the week.  Over the next couple of weeks all users will be prompted to change their website passwords.

If you have any questions regarding these changes please contact me at 713-853-1787.

Savita Puthigai

<Embedded Paintbrush Picture>


-----Original Message-----
From: Myers, Jennifer
Sent: Tuesday, January 29, 2002 5:13 PM
To: Husser, Shanna; Saenz, Angela; Gaar, Melanie;
'robert.b.cothran@conoco.com'; 'amy.l.myers@exxonmobil.com'; Barthel,
Christina; Smith, Joanne
Subject: FW: THE GREEN DOG!

-----Original Message-----
From: Ferguson, Emily
Sent: Tuesday, January 29, 2002 4:59 PM
To: Merritt, Michelle; Myers, Jennifer; Lun, Ching; Reyna, Selma;
Mathew-Joy, Noveena; Matthews, Jacquelyn; Kacal, Lynna
Subject: FW: THE GREEN DOG!

-----Original Message-----
From: Adams, Leslie (COMPRINT S) [mailto:ladams@wallace.com]
Sent: Tuesday, January 29, 2002 4:56 PM
To: 'Betsy King'; 'Anna King'; Hamilton, Brooke (Irvine); 'Carlos
Huerta'; 'Catherine Maurin "Work"'; Ferguson, Emily; 'Erin Janicek';
'Jenny Carter'; 'Joseph Jones'; 'Kristi Lukeman'; 'Mandy Schulz';
'Mischa Gorrell'
Subject: FW: THE GREEN DOG!

-----Original Message-----
From: Owen, Renee (COMPRINT S)
Sent: Tuesday, January 29, 2002 9:01 AM
To: Huble, Teri (COMPRINT S); Denson, Melanie (COMPRINT S); 'Ramiro';
'Danny'; Adams, Leslie (COMPRINT S); Baize, Andrew (COMPRINT S);
'JLeague@banta.com'; Auzenne, Melissa (COMPRINT S); Geiger, Lance
(COMPRINT S); Ripple, Leigh (COMPRINT S); Wilson, Amber (COMPRINT S)
Subject: FW: THE GREEN DOG!

Renee Owen
Wetmore Printing Fulfillment Division
Microsoft Project Manager
Phone:  713-856-4444
Fax:    713-466-7970
E-mail:  reneeo@wetmore-printing.com

-----Original Message-----
From: Ted Lester [mailto:tedster1265@yahoo.com]
Sent: Monday, January 28, 2002 8:15 PM
To: Lynnette Arnold; Jamie Bowman; Debbie Dodds; Randy Domingo; Johnny
Mickie Villanueva; Bruce Koehn Ken Hodde; Alecia Kujawa; Melissa Laws;
Carol Odom; Renee Owen; REGINA POWELL
Subject: Fwd: THE GREEN DOG!

Note: forwarded message attached.

__________________________________________________
Do You Yahoo!?
Great stuff seeking new owners in Yahoo! Auctions!
http://auctions.yahoo.com

--------- Inline attachment follows ---------

From:  <ou812b4@hotmail.com>
To: nukie@aol.com, bobbitrout@juno.com, belizondo@hoovers.com, cdfly@alum.mit.edu, Deborah.Hutchins@frco.com, dlesa00@hotmail.com, gloria.sanchez1@jsc.nasa.gov, BennyCheney@msn.com, Texas_Rail_Man@webtv.net, goosescott@yahoo.co.uk, jharriganl@houston.rr.com, EDCO075@aol.com, kbd372@hotmail.com, llnolan@flash.net, marie_gillespie@hotmail.com, mmclellan@hoovers.com, langfam@uswest.net, phoenixwmr@aol.com, randy612us@yahoo.com, russmith@gnc.net, sdodds@hoovers.com, stitley@houston.rr.com, swise@wlyf.com, tedster1265@yahoo.com, dazeymay39@aol.com, tony_gillespie@yahoo.com, crazy_kate@email.msn.com, LuvrOfMen1@aol.com, kmdoolan@yahoo.com
Date: Sunday, January 27, 2002 12:19:46 GMT
Subject:

Read Each One Carefully and Think About It a Second or Two

                   1. I love you not because of who you are, but because of
who I am when I am with you.

                   2. No man or woman is worth your tears, and the one who
is, won't make you cry.

                   3. Just because someone doesn't love you the way you want

them to, doesn't mean they don't love you with all they have.

                   4. A true friend is someone who reaches for your hand and

touches your heart.

                   5. The worst way to miss someone is to be sitting right
beside them knowing you can't have them.

                   6. Never frown, even when you are sad, because you never
know who is falling in love with your smile.

                   7. To the world you may be one person, but to one person
you may be the world.

                   8. Don't waste your time on a man/woman, who isn't
willing to waste their time on you.

                   9. Maybe God wants us to meet a few wrong people before
meeting the right one, so that when we finally meet the person, we will know

how to be grateful.

                   10. Don't cry because it is over, smile because it
happened.

                   11. There's always going to be people that hurt you so
what you have to do is keep on trusting and just be more careful about who
you trust next time around.

                   12. Make yourself a better person and know who you are
before you try and know someone else and expect them to know you.

                   13. Don't try so hard, the best things come when you
least expect them to.

                   REMEMBER: WHATEVER HAPPENS, HAPPENS FOR A REASON.

                   True friends: How many people actually have 8 true
friends?

                   Hardly anyone I know ! But some of us have all right
friends and good friends!!!

                   You have been Tagged by the Green Dog!

                   ,-._,-.
                   \/)"(\/
                   (_o_)

                   ruff!!!!!!

                   You will Have Good Luck For Two Years if you send this to

8 people......

                   You must send it in 5 minutes or your good luck will run
out.

_________________________________________________________________
Send and receive Hotmail on your mobile device: http://mobile.msn.com


I think it would be a good idea for them to talk, but I wouldn't want Jeff to
go to California right now.  Maybe they could meet outside the state (if, for
example, brown is going to be in DC or New York) or by phone.

From: Joannie Williamson/ENRON@enronXgate on 07/13/2001 08:36 AM

To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron

cc:

Subject: FW: Meeting with Mayor Willie L. Brown, Jr.

Wanted you to be aware that Mayor Brown is inviting Jeff to meet with him,
either in San Francisco or elsewhere.  Please advise, but I know that Jeff
would probably not travel to California.

Mark Koenig and Andy Fastow will discuss meeting with Mayor Brown on the
CalPERS issue.

Thanks,
Joannie

 -----Original Message-----
From:  Michael Moyer <mamoyer@pacbell.net>@ENRON
[mailto:IMCEANOTES-Michael+20Moyer+20+3Cmamoyer+40pacbell+2Enet+3E+40ENRON@ENR
ON.com]
Sent: Thursday, July 12, 2001 3:50 PM
To: Skilling, Jeff
Subject: Meeting with Mayor Willie L. Brown, Jr.

Dear Mr. Skilling,

On behalf of Mayor Willie L. Brown, Jr. (San Francisco), it is my
pleasure to invite you to meet with him regarding energy issues in
California.

Mayor Brown wishes to meet with you in his capacity as a trustee of the
Board of Administration of the California Public Employees Retirement
System (CalPERS).  As you know, CalPERS is the largest public pension fund
in the
nation and is a sizeable investor in domestic energy stocks, bonds,
debentures, etc.  The Board has appointed Mayor Brown to lead a
delegation of trustees to meet with the CEOs of CalPERS' largest energy
holdings.  Enron represents one such holding.

The Mayor would be pleased to host you in his office at the newly
renovated City Hall in San Francisco or arrange an alternative location at
your earliest convenience.  I
will await your response.

Sincerely,

Monique Moyer
Director, Mayor's Office of Public Finance
City & County of San Francisco


Jill,

I have had several discussions with Daren Farmer and below are a few questions remaining.

Ann Mag - Which plant does this gas come into or out of?  Daren Farmer indicated that NGPL/Trunkline is connected to La Gloria (Agua Dulce) and Tenn/Coral/Shannel are connected to the Gulf Plains plant (Agua Dulce minus).  Do we have an option on which plant tailgait we would like delivery?  If so Daren said we would prefer the Gulf Plains Plant.
Oakhill - Are all three at the Carthage hub?  If so, then the Texas desk will give a quote, probably HSC minus, otherwise the East and Central desk will need to quote the volume into TETCO and Koch Mid, respectively.
Vaquillas Ranch KM - What plant processes this gas?
White Heron - Where is this?  Could not find it on the map and Daren was not familiar with this field.
Sheridan Field - Daren assumed this was the Shell Sheridan Plant, but he wanted to verify with you.
Hungerford North - Where is this?
Bear Den - Where is this?
Moore's Station - Where is this?
Dan Hughes - HPL is quoting this volume (as well as several other field connected to HPL) and they need a meter number for this field.

We have one less day to get these quotes than originally anticipated because of Friday being "Good Friday" and basically all of the 32nd floor being out, myself included.

So, let me know via voicemail or email what you can find out regarding the above questions.  The properties we do not have any questions on are currently being quoted up, or will be tomorrow morning.

Call with any questions

Eric

Work		713-345-7754
Cell		713-412-7754

PS - Just a reminder, we are getting the volumes quoted at our preferred liquid point and it will be EEX's responsibility/burden to get the gas to that point.


Call me or Beverly at 853-6357


That is the most fucked up situation I have ever seen in college sports.

-----Original Message-----
From: Miller, Paul
Sent: Monday, December 10, 2001 6:57 AM
To: Baldridge, Don; Bierbach, Brian; Whitt, Mark; Varnell, Charles
Subject: FW: Frank and Gary

SORRY!!!

The toughest thing is that now you have to pull for the Huskers to beat Miami to get a split national championship.  Do you want lend us some defensive lineman.

Check out the attachment.

Paul

-----Original Message-----
From: Brian.O'Neill@wrightline.com [mailto:Brian.O'Neill@wrightline.com]
Sent: Saturday, December 08, 2001 3:34 PM
To: Miller, Paul
Subject: FW: Frank and Gary

Huskers rule.
---------------------- Forwarded by Brian O'Neill/Wright Line on 12/08/2001
03:33 PM ---------------------------

"Rathbun, Treyse L." <TLRathbun@West.com> on 12/07/2001 07:26:13 AM

To:   "Gonzales, Keith J." <KJGonzales@West.com>, "Baack, Todd"
      <todd.baack@state.sd.us>, Brian O'Neill/Wright Line@Wright Line, "Jud
      Hunter" <jhunter@sbi-omaha.com>
cc:

Subject:  FW: Frank and Gary

     > <<Congrats5.jpg>>

Treyse Rathbun
Corporate Designer
Omaha, NE
 (402) 963-1206 (6206)
tlrathbun@west.com


Hi Stinson & Vince this is the person that Kevin Howard told me about--Kevin
did the finacing portion of the deals mentioned blow and Stewart was the
commercial counterpart.  He will be heading up Hamachi towards its closure
this week.

Ravi.

----- Forwarded by Ravi Thuraisingham/Enron Communications on 03/13/00 02:20
PM -----

	EBS Office of the Chairman
	Sent by: Dolph Selten
	03/13/00 01:47 PM

		 To: EC Employees -- All@Enron Communications
		 cc:
		 Subject: Stewart Seeligson joins EBS

We are pleased to announce that Stewart Seeligson has joined EBS relocating
after more than 4 years from Enron Europe in London.  Stewart started with
Enron nearly six years ago as an associate in ECT in Houston.  In Europe,
Stewart was successful in playing a key role in Sutton Bridge, originating a
number of highly structured transactions including the Eastern deals and more
recently co-led Enron's commercial activities in Spain especially the
development of a 1200 MW CCGT which is expected to begin construction later
this year.

Stewart will assist in developing, managing and leading several of our more
complicated mission critical commercial transactions.  In particular, Stewart
will focus on those transactions which require multiple functions across EBS,
a role Stewart excelled in at Enron Europe.  Stewart will report directly to
Ken Rice as a Vice President, but will work directly with each of the
commercial business unit leaders on a project specific basis.

Please welcome Stewart to the EBS team.


This request has been pending your approval for  7 days.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000076650&Page=Approval to review and act upon this request.

Request ID          : 000000000076650
Request Create Date : 11/19/01 2:40:19 PM
Requested For       : punit.rawal@enron.com
Resource Name       : Market Data Kobra Crude
Resource Type       : Applications


----- Original Message -----
From: patbelle <patbelle@mail.ev1.net>
To: <Daniel.GROUT@EU.RHODIA.COM>; <dpriese@worldnet.att.net>;
<marnold2@houston.rr.com>; <ian@zellweger.freeserve.co.uk>;
<tippy_4DA@hotmail.com>
Sent: Thursday, May 24, 2001 4:25 PM
Subject: FWD: I'm tweety

>
>
> >
> >
> >> > >Ever wondered which cartoon character you are most
> >> > > > > like?
> >> > > > > Well, a team of researchers got together and analyzed
>
> the
> >> > > personalities of
> >> > > > > cartoon characters, and put the information gathered
>
> into this
> >quiz.
> >> > > > > Answer each
> >> > > > >question with the answer that most describes you, then
>
> add up the
> >> > > points
> >> > > > >that correspond with your answer. Then send this to all
>
> your
> >friends
> >> > > > >including the person who sent it to you with your
>
> cartoon
> >character
> >> in
> >> > > the
> >> > > > >subject line.
> >> > > > >
> >> > > > >1) What describes your perfect date?
> >> > > > >  a) Candlelight dinner for two
> >> > > > >   b) Amusement Park
> >> > > > >  c) Rollerblading in the park
> >> > > > >  d) Rock Concert
> >> > > > >   e) See a movie
> >> > > > >
> >> > > > >2) What is your favorite type of music?
> >> > > > >   a) Rock and Roll
> >> > > > >   b) Alternative
> >> > > > >   c) Soft Rock
> >> > > > >  d) Classical
> >> > > > >   e) Popular
> >> > > > >
> >> > > > >3) What is your favorite type of movie?
> >> > > > >   a) Comedy
> >> > > > >   b) Horror
> >> > > > >   c) Musical
> >> > > > >   d) Romance
> >> > > > >   e) Documentary
> >> > > > >
> >> > > > >4) Which of the following jobs would you chose if you
>
> were given
> >only
> >> > > these
> >> > > > >choices?
> >> > > > >   a) Waiter/Waitress
> >> > > > >  b) Sports Player
> >> > > > >   c) Teacher
> >> > > > >   d) Policeman
> >> > > > >   e) Bartender
> >> > > > >
> >> > > > >5) Which would you rather do if you had an hour to
>
> waste?
> >> > > > >   a) work out
> >> > > > >   b) Read
> >> > > > >   c) Watch TV
> >> > > > >   d) Listen to the radio
> >> > > > >   e) Sleep
> >> > > > >
> >> > > > >6) Of the following colors, which do you like the best?
> >> > > > >  a) yellow
> >> > > > >   b) white
> >> > > > >   c) sky blue
> >> > > > >   d) teal
> >> > > > >   e) red
> >> > > > >
> >> > > > >7) Which one of the following would you like to eat
>
> right now?
> >> > > > >  a) ice cream
> >> > > > >   b) pizza
> >> > > > >   c) sushi
> >> > > > >   d) pasta
> >> > > > >   e) salad
> >> > > > >
> >> > > > >8) What is your favorite holiday?
> >> > > > >   a) Halloween
> >> > > > >  b) Christmas
> >> > > > >   c) New Year's
> >> > > > >   d) Valentine's Day
> >> > > > >   e) Thanksgiving
> >> > > > >
> >> > > > >9) If you could go to any of the following places, which
>
> would it
> >be?
> >> > > > >   a) Paris
> >> > > > >   b) Spain
> >> > > > >   c) Las Vegas
> >> > > > >   d) Hawaii
> >> > > > >   e) Hollywood
> >> > > > >
> >> > > > >10) Of the following, who would you rather spend time
>
> with?
> >> > > > >   a) Someone who is smart
> >> > > > >   b) Someone with good looks
> >> > > > >  c) Someone who is a party animal
> >> > > > >  e) Someone who is very emotional
> >> > > > >
> >> > > > >Now total up your points and find your character below:
> >> > > > > 1-a=4, 2-a=2, 3-a=2, 4-a=4, 5-a=5
> >> > > > >   b=2     b=1    b=1     b=5     b=4
> >> > > > >    c=5     c=4    c=3     c=3     c=2
> >> > > > >   d=1     d=5    d=4     d=2     d=1
> >> > > > >    e=3     e=3  e=5     e=1     e=3
> >> > > > > 6-a=1, 7-a=3, 8-a=1, 9-a=4, 10-a=5
> >> > > > >    b=5    b=2     b 3      b=5       b=2
> >> > > > >    c=3    c=1     c=2     c=1       c=1
> >> > > > >    d=2    d=4     d=4     d=3      d=2
> >> > > > >    e=4    e=5    e=5     e=3      e=4
> >> > > > >
> >> > > > > (10-17 points): You are TAZ
> >> > > > > You are wild and crazy and you know it. You know how to
>
> have fun,
> >> but
> >> > > you
> >> > > > >may take it to extremes.  You know what you are doing
>
> though, and
> >are
> >> > > > much in
> >> > > > > control of your own life. People don't always see
>
> things your
> >way,
> >> but
> >> > > > >that doesn't mean that you should do away with your
>
> beliefs. Try
> >to
> >> > > > > remember that your wild spirit can lead to hurting
>
> yourself and
> >> > > others.
> >> > > > > (18-26 points) You are BUGS BUNNY
> >> > > > > You are fun, friendly, and popular. You are a real
>
> crowd pleaser.
> >> You
> >> > > have
> >> > > > > probably been out on the town your share of times, yet
>
> you come
> >home
> >> > > with
> >> > > > > the values that your mother taught you. Marriage and
>
> children are
> >> > > important
> >> > > > > to you, but only after you have fun.  Don't let the
>
> people you
> >> please
> >> > > > >influence you to stray.
> >> > > > > (27-34 points) You are TWEETY
> >> > > > > You are cute, and everyone loves you. You are a best
>
> friend that
> >no
> >> > > one
> >> > > > > takes the chance of losing. You never hurt feelings and
>
> seldom
> >have
> >> > > your
> >> > > > > own feelings hurt. Life is a breeze. You are witty, and
>
> calm most
> >of
> >> > > the
> >> > > > >time.
> >> > > > > Just keep clear of backstabbers, and you are worry
>
> free.
> >> > > > >(35-42 points) You are PEPPE LE PEW (without the smell)
> >> > > > > You are a lover. Romance, flowers, and wine are all you
>
> need to
> >> enjoy
> >> > > > > yourself. You are serious about all commitments. A
>
> family person.
> >> You
> >> > > call
> >> > > > > your Mom every Sunday, and never forget a Birthday.
>
> Don't let
> >your
> >> > > passion
> >> > > > > for romance get confused with the real thing.
> >> > > > >(43-50 points) You are SPEEDY GONZALES
> >> > > > > You are smart, a real thinker. Every situation is
>
> approached with
> >a
> >> > > plan.
> >> > > > > You are very healthy in mind and body. You teach strong
>
> family
> >> values.
> >> > > Keep
> >> > > > > your feet planted in them, but don't overlook a bad
>
> situation
> >when
> >> it
> >> > > does
> >> > > > >happen.
> >> > > > >
> >> > > > > Now put your cartoon character in the subject line,
>
> then forward
> >> this
> >> > > to
> >> > > > > your friends and back to the one who sent it to you.
> >> > > > >
> >> > > > >
> >> > > > >
> >> > > > >
> >> > >
> >> > >
> >> >
> >>
> >>
> >
> >
> >
> >
> >Many Thanks
> >
> >Kerry Tyler
> >Payroll Department A2D
> >North Harbour
> >Payroll Helpline
> >Internal Tel: 254445
> >External Tel: 02392 564445
> >
> >Cutoff is always the 17th of the month. Where the 17th is a
>
> weekend then
> >cutoff is 5pm the Friday before.
> >
> >
> >
> >
> >
> >
>
>
>
>
> ________________________________________________________________
> Sent via the EV1 webmail system at mail.ev1.net
>
>
>
>
>


Some originators today reiterated how valuable Gov't Affairs can be in
bringing deals (citing Tom Chapman -- Alamac and Dan Allegretti -UI).  The
new East power services desk (headed by Lloyd Will and Tom May) is taking off
and very interested in muni, industrial on-site generation purchases,
scheduling, etc.  Origination (EPMI and EES) are interested in structured
deals -- all requirements, tolling, etc.  Thanks for keeping this in mind
while out there in the trenches!


Andy,

Attached is a spreadsheet showing the charges which we have discussed/agreed
with external parties to date.

Dave


Super Bowl Party!

When:		Feb 3rd at 3pm, the game starts at 5pm
Where:	16319 Hickory Point Rd

What:		Bring something to drink and optionally your favorite dip

Fish, Potato Salad and Fun in abundance.

The perfect combination will take place on Feb 3rd at the Bledsoe residence.  We are combining a Fish Fry with the big game.  Due to the fantastic fishing the past few months the freezer is full of Trout and Redfish and it's time to make some room for the excellent fishing coming up in the next few months.  Please RSVP via email or call 281-855-4252 so we have an idea of how much fish to cook.

Looking forward to seeing everyone and having fun with the football and commercials!

Mike Bledsoe
FSG Regional Manager - Mavericks
Michael.Bledsoe@ca.com
Office     713-625-9461
Fax          713-561-9980
Pager      877-461-4383
Alpha     888-BEEP-CAI
Cell         832-656-1189


I will attend.  Let  me know what I need to bring.  Thanks for your
messages...


Start Date: 2/27/01; HourAhead hour: 14;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001022714.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 14 / Preferred: 165.91 / Final: 164.91)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 2/27/01
  SC_ID: EPMI


Dear PIRA Client:

The following Current News & Analysis articles have been published on
PIRA's website:

1) OPEC Set To Cut 1+ MMB/D With Likely Dec. 1 Start Date
2) Speculative Short Selling Hammers Crude Oil Prices, But For How Long?

Please go to http://www.pira.com

These articles can be found in the client section of PIRA's website. You
will need a PIRA Online account in order to gain access. For account
information please contact Dyana Rothman, drothman@pira.com

Best regards,

PIRA Energy


Steve,

For our conference call on Monday, I thought it would be useful for you to
have this.  The summary is pretty much the same, except that the shopping
incentive for commercial customers increased by 5%, however, that is still
not enough to make it work for us.

Under the stipulation, the dollars FE is to receive are not quantified and my
sense is that FE probably got very close to what they asked for.  Their
request was for $6.9 billion net of deferred taxes (the number they used
publically); however, with the deferred taxes added in, this becomes $8.7
billion.  The recovery period for the CTC is Dec. 31, 2006 for OE, June 30,
2007 for TE and Dec. 31, 2008 for CEI subject to the usual caveats.  The
total transition revenues on a net present value basis is $9.1 billion and in
nominal dollars, $12.3 billion.

In calculating their transition costs, FE used a rate of return for the GTC
of 15.38% for OE, 13.15% for CEI and 13.13% for TE.  For the RTC, FE used a
rate of return of 14.59% for OE, 12.67% for CEI and 12.66% for TE.
Thus, I believe the recovery is overly generous.  It seems to me that it
would be worth exploring a PECO-type solution here.  Under the settlement, it
is highly unlikely that a competitive market will emerge in the next 8 years
or that we will be able to compete.

Janine
---------------------- Forwarded by Janine Migden/DUB/EES on 04/15/2000 05:55
PM ---------------------------

Janine Migden
04/12/2000 07:42 PM
To: Richard Shapiro/HOU/EES@EES, Harry Kingerski/HOU/EES@EES, Lara
Leibman/HOU/EES@EES, Barbara A Hueter/DUB/EES@EES, James D
Steffes/HOU/EES@EES, Kerry Stroup/DUB/EES@EES
cc:
Subject: Ohio - A Bad Turn

In a rapid train sequence the First Energy case has completely derailed.  On
Friday night, FE requested settlement talks on Tuesday and presented an offer
to which we countered this morning.  FE then responded in a manner that has
the industrials and the Consumers' Counsel ready to sign.  A stipulation is
being sent out tonight with an agreement ready to be signed by many
tommorrow.  The retail merchants are on the fence and are considering a deal
with an FE subsidiary who supplies them gas and may cut them a deal on
electric - this piece is confidential.  We are vociferously opposing it along
with other marketers - except Shell.

Here's what FE offered:

For All Customers:
- Freeze on t&d rates til 12/31/07
- FE cover pancaking costs for imports through PJM and MISO
- Allow transmission customers to take point to point and allocate savings
between customer and RTC recovery (maxed at 50%).
-Continuation of all rate reductions and rate freezes
- To "guarantee" that 20% of the load for each of the customer classes
switches, FE will be at risk for $500 million, $250 million of which is
allocated to residential and $250 million to c&I, divided by the 3 operating
companies.
- Continue to support operational support task force and commitment to adhere
to working group decisions and execute them.
-Date certain end to ctc recovery of 12/31/06 for OE, 6/30/07 for TE and
12/31/08 for CEI except for changes in law,etc. and for amortization of
deferrals associated with customer switching in excess of 20%.

For Residential Customers:
 -The ability to buy 8760 hour blocks of power at 60% load factor for
$38.99/mwh and escalating each year.  520mw
to be made available.  FE affiliate limited to 100 MW of that power.
- Shopping credit of approximately $.045/kwh

For Industrial Customers:
- The right to extend special contracts (approximately 800 customers) to the
end of the ctc recovery period or abrogate contract, which is not likely
given the shopping incentive)

What is amazing is that there may be a settlement of $6.9 billion over 2 days
of talks and any attempt to talk stranded cost numbers was squelshed.

Tonight we are trying to rally all marketers and other possible allies to
attend tommorrow.  The unknown is the Staff.  This is like swimming upstream
after a hurricane, and unfortunately, I'm not a salmon.


Shirley,

Business, like Ehud Ronn's visit.

Vince

Shirley Crenshaw
06/29/2000 08:14 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Hello

Vince is this an interview or just a business meeting?

Vince J Kaminski
06/29/2000 08:13 AM
To: Shirley Crenshaw/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Zimin
Lu/HOU/ECT@ECT, Alex Huang/Corp/Enron@ENRON, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT
Subject: Hello

Shirley,

Can you, please, call him and ask what would be best timing.
The last week of July would be best. I would like Grant, Alex, Zimin, Krishna
and Stinson
to meet him.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/29/2000
08:13 AM ---------------------------

Shijie Deng <deng@isye.gatech.edu> on 06/29/2000 12:00:37 AM
To: vkamins@enron.com
cc:
Subject: Hello

Hi Vince,

How are you.  It was really a pleasure meeting you and talking to you at
the Toronto energy derivative conference.  Thank you for speaking with
me about the possibility of visiting your research group.  It will be
great if I could have such opportunity whenever you see your schedule
fits.  I am very much open for the last week of July and early August.
I'm looking forward to hearing from you soon.

Best,

Shijie

Shi-Jie Deng
Assistant Professor
School of ISyE
Georgia Institute of Technology

Office Phone: (404) 894-6519
E-mail:       deng@isye.gatech.edu
Home page:    http://www.isye.gatech.edu/~deng


I apologize, but I can't make this call, though I'm confident that you folks
can handle it.  I'm available Friday afternoon (though I don't that will work
for Jim Steffes).  Let me know.

Best,
Jeff

	Wanda Curry@EES
	05/02/2001 10:07 AM

		 To: Robert C Williams/ENRON@enronXgate, Harry Kingerski/NA/Enron@Enron,
Michael Tribolet/ENRON@enronXgate, James D Steffes/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Evan Hughes/HOU/EES@EES, Diann
Huddleson/HOU/EES@EES, Mary Lynne Ruffer/HOU/EES@EES
		 cc:
		 Subject: Follow up conference call

I have sent Janet Covington the participant list as requested per her e-mail
below.  She has agreed to set up the conference call for Thursday, May 3rd at
3 PM central time.  Please reserve this time.  I will forward each of you the
spreadsheet we receive from them today.  I will let you know if I think we
should get together to review the spreadsheet prior to the call.

Thanks,

Wanda Curry
---------------------- Forwarded by Wanda Curry/HOU/EES on 05/02/2001 09:58
AM ---------------------------

Diann Huddleson
05/02/2001 08:01 AM
To: Wanda Curry/HOU/EES@EES
cc:
Subject: Follow up conference call

Wanda, I spoke with Janet after you forwarded her voice mail.  I told her we
would provide the participant list this morning.  Let me know if you want me
to do that.

---------------------- Forwarded by Diann Huddleson/HOU/EES on 05/02/2001
08:00 AM ---------------------------

Janet.Covington@sce.com on 05/01/2001 03:46:06 PM
To: dhuddles@enron.com
cc:
Subject: Follow up conference call

Hi Diann,

I just left a phone message for Wanda as I didn't have her email and was
supposed to coordinate the follow up call with her.  Anyway, we are still
working on preparing the account examples demonstrating the change in
methodology and should have those to you by tomorrow.  In the meantime, I
wanted to go ahead and arrange the follow up call for this Thursday 5/3 at
1pm PST.  That would be 3pm your time.  Can you please let me know the
email addresses for your participants so I can get a notice out to them.

I had yourself, Wanda Curry, Evan Hughes, Jeff Dodson, Bob Williams, Jim
Doth, and Martin Curtilan?  Not sure of the spelling.  Please let me know
so I can send out the meeting notice out with the call in details.

Thanks Much.

Janet L. Covington
Account Manager
ESP/AMS Services Division
SSID Administration Bldg., First Floor
7300 Fenwick Lane
Westminster, CA  92683
Phone: 714-895-0198 (54198)
Fax: 714-895-0347 (54347)
covingjl@sce.com