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Laura:
Thanks so much for including me on the list.  Quick question:  Which committe
is this and who's on the committe?  Is there an agenda for the meeting on the
5th?  Thanks again.
Best,
Jeff


As we discussed a couple of weeks ago......
----- Forwarded by Mark Taylor/HOU/ECT on 12/04/2000 11:14 AM -----

	David Forster@ENRON
	12/04/2000 10:29 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Capacity Trading Equity Spec

Mark,

Here is a draft of an outline for the equity offering for Capacity Trading.

Please call when you have a few minutes to discuss documentation and legal
issues.

Thanks,

Dave


FYI.
----- Forwarded by Alan Aronowitz/HOU/ECT on 07/13/2000 08:56 AM -----

	John Viverito@ENRON
	07/13/2000 05:59 AM

		 To: Alan Aronowitz/HOU/ECT@ECT
		 cc:
		 Subject: FW: Weather and Oil Derivatives

Alan-

Jeremy has requested that I forward this on to you, as he had experienced a
"bounce back" problem with your address.
----- Forwarded by John Viverito/Corp/Enron on 07/13/2000 05:58 AM -----

	Jeremy.Pitts@BAKERNET.com
	07/13/2000 05:52 AM

		 To: John.Viverito@enron.com, john_viverito@enron.com,
johnviverito@enron.com, 'alan.aronowitz@enron.com'
		 cc:
		 Subject: FW: Weather and Oil Derivatives

Resending....

-----Original Message-----
From: Pitts, Jeremy
Sent: Thursday, July 13, 2000 7:16 PM
To: 'John.Viverito@enron.com'
Cc: Davis, Paul; Eguchi, Naoaki; Toyohara, Shinji;
'alan.aronowitz@enron.com'; 'nicholas.o'day@enron.com';
'michael.grimes@enron.com'; 'jonathan.whitehead@enron.com'
Subject: FW: Weather and Oil Derivatives

John,

I refer to our telephone conversation this afternoon regarding our advice
(copy
below) and confirm the matters discussed as follows:

1. We note your conversation with Terry Tanaka of IBJ in which he commented
that it was his understanding that the FSA had given informal approval for
banks
to conduct weather derivative transactions.  This gives banks who engage in
weather derivative transactions (and their counterparties) a possible
additional
argument that the transaction are "being conducted in accordance with law" for
the purposes of the defense in Article 35 of the Criminal Code.

 This does not change our advice with respect to transactions between
Enron Japan and non-bank counterparties.

 However, if Enron Japan were to enter into a weather derivative with a
bank, Enron Japan would be able to rely on the tacit approval given by the FSA
to the bank - but only to the extent to which the bank would be willing to
represent and warrant to Enron Japan that the bank was authorised to enter
into
the transaction under Japanese laws and regulations.

2. We note your comment regarding the possibility that Enron Japan would
enter into back-to-back transaction with an offshore Enron affiliate and thus
transfer all risk in relation to the weather derivative transactions outside
Japan.  As mentioned in our advice, one of the factors that will suggest that
Enron Japan is engaged in a "legitimate business activity" will be the fact
that
Enron Japan manages the risk under the transactions that it enters into and
does
not take purely speculative positions.  Entering into back-to-back
transactions
is one way in which Enron Japan may manage risk.  However, there are also
other
risk management techniques (such as hedging in local markets - to the extent
possible - or hedging in offshore markets).  Insofar as these different risk
management techniques are all effective methods of risk management, we do not
believe that any one method of risk management is necessarily preferable to
another.

3. We have checked the home page for the Japanese Financial Law Board and
confirm that it does not contain any information directly relevant to weather
derivatives.  The home page does contain discussion of the application of the
Criminal Law to financial derivatives generally, but simply notes that the
parties to a financial derivative that is not specifically authorised by law
cannot rely on the "act in accordance with law" defense under Article 35 of
the
Criminal Law.

4. You have asked us whether we would be able to change our risk assessment
from "relatively low" to "extremely low".  We are most reluctant to change our
view.  Our difficulty is that the risk of possible action by the regulators or
by the police is extremely difficult to predict and it is therefore necessary
for us to take a slightly cautious approach.

 We do note that similar concerns about gambling were raised when swaps
were first introduced in Japan in the 1980s and again when new derivatives
products such as oil derivatives and equity derivatives were introduced in the
1990s.  However, as far as we are aware, no prosecutions have ever been
commenced in Japan alleging that swap or derivative transaction constitute
gambling.

5. In our advice we identified a number of factors that tend to raise or
lower the risk of possible action.  We would like to emphasise that, if Enron
Japan does commence weather derivative trading in Japan, Enron Japan should:

* clearly add specific representations regarding the "legitimate business"
issue in its contract documentation;

* establish clear internal policies regarding counterparty selection and
risk management (possibly in the form of a board resolution);

* only transact business with (a) authorised financial institutions (see
above) or (b) large sophisticated counterparties with a legitimate business
purpose; and

* transact business in an "appropriate" manner.

  These points are explained in further detail in the attached
advice.

We hope this helps to clarify the risks.  Please let us know if you need
additional information.

Best regards

Jeremy Pitts

Registered Foreign Lawyer - Jurisdiction of Primary Qualification - New South
Wales
Designated Jurisdictions - England and Wales and the State of Victoria
Direct Tel:  (81-3) 3479 3839
Direct Fax:  (81-3) 3479 0225
Voice/Fax Messaging: (81-3) 4464 6094

This is an e-mail from Baker & McKenzie - Tokyo Aoyama Law Office (Qualified
Joint Enterprise Offices).

The contents of this e-mail may be privileged and confidential and are
intended
only for the use of the addressee. No one else may copy, forward, disclose or
use all or any of it in any form. If you are not an intended recipient, please
notify us immediately (by reply e-mail) and delete this e-mail from your
system.
Thank you.

-----Original Message-----
From: Pitts, Jeremy
Sent: Friday, July 07, 2000 7:49 PM
To: 'John.Viverito@enron.com'
Cc: 'scott.gilchrist@enron.com'; Davis, Paul; Eguchi, Naoaki; Toyohara,
Shinji; 'alan.aronowitz@enron.com'; 'nicholas.o'day@enron.com';
'michael.grimes@enron.com'; 'jonathan.whitehead@enron.com'
Subject: Weather and Oil Derivatives

John  - the memo is attached.  I am copying this to Scott in the event that we
have transmission problems getting to you.

Scott - could you make sure that John receives this message.

Thanks and best regards

Jeremy Pitts

 <<Gamble 06.07.00.doc>>

 - Gamble 06.07.00.doc


Justin -- Please call me about this and we can discuss.  Louise wants me to
run the traps on this.  She also wants to look into the possibility of
trademarking EOL.

Thanks

Kal
x 39354

Louise Kitchen
08/01/2000 04:24 PM
To: Justin Boyd/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT
cc: Kal Shah/HOU/ECT@ECT
Subject: EnronOnline and Putting the Energy into Ecommerce

EnronOnline
Putting the energy into ecommerce

and now

Taking the big deal out of the big deal.

Did we TM these?

Paul was doing all of this before he left.


<<Energy Emergency Timeline.pdf>>

Richard Costigan, III
Chief of Staff
Office of the Assembly Republican Leader
California State Assembly
Phone:(916) 319-2005

 - Energy Emergency Timeline.pdf


Start Date: 1/24/02; HourAhead hour: 18;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012418.txt


Is this what I have to look foward too??

Jen
-----Original Message-----
From: Tripp, Tracey [mailto:Tracey.Tripp@ENRON.com]
Sent: Monday, October 29, 2001 9:56 AM
To: Amy Stephens (E-mail); CandMSERV (E-mail); Cheryl Ancira (E-mail);
Heather Beken (E-mail 2); Jennifer Lamprecht (E-mail); Judy Tripp
(E-mail); Julie Griffin (E-mail); Lori Knott (E-mail); Tammy Cline
(E-mail); Tanya Thomas (E-mail)
Subject: FW: This is a classic...

>  >>   > > One afternoon a man came home from work to find total mayhem
in
> his
>  >>house.
>  >>  His three children were outside, still in their pajamas, playing
in
the
>  >>mud,
>  >>  with empty food boxes and wrappers strewn all around the front
yard.
>  >>           > > > >
>  >>   > > The door of his wife's car was open, as was the front door
to
the
>  >>house.
>  >>  Proceeding into the entry, he found an even bigger mess.  A lamp
had
>  >>been
>  >>  knocked over, and the throw rug was wadded against one wall. In
the
>  >>front
>  >>room
>  >>  the TV was loudly blaring a cartoon channel,
>  >>  and the family room was strewn with toys and various items of
clothing.
>  >>
>  >>   > > In the kitchen, dishes filled the sink, breakfast food was
spilled
>
>  >>on
>  >>the
>  >>  counter, dog food was spilled on the floor, a broken glass lay
under
> the
>  >>table,
>  >>  and a small pile of sand was spread by the back door.
>  >>
>  >>   > > He quickly headed up the stairs, stepping over toys and more
piles
>
>  >>of
>  >>  clothes, looking for his wife. He was worried she may be ill, or
that
>  >>something
>  >>  serious had happened. He found her lounging in the bedroom, still
> curled
>  >>in
>  >>the
>  >>  bed in her pajamas, reading a novel.
>  >>
>  >>   > > She looked up at him, smiled, and asked how his day went.
He
>  >>looked
>  >>at
>  >>  her bewildered and asked, "What happened here today?"
>  >>  She again smiled and answered, "You know every day when you come
home
>  >>from
>  >>work
>  >>  and ask me what in the world did I do today?" "Yes" was his
incredulous
>  >>reply.
>  >>  She answered, "Well, today I didn't do it."
>  >>
>  >>  > > Send this page to another Mother.
>  >>
>  >>
>  >> >>
>

**********************************************************************
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.
**********************************************************************


---------------------- Forwarded by Chris Germany/HOU/ECT on 03/24/2000 12:05
PM ---------------------------

Victor Lamadrid
03/24/2000 10:26 AM
To: Scott Neal/HOU/ECT@ECT, Scott Hendrickson/HOU/ECT@ECT, Sarah
Mulholland/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT,
Maureen Smith/HOU/ECT@ECT, Kate Fraser/HOU/ECT@ECT, Chris
Germany/HOU/ECT@ECT, Brad McKay/HOU/ECT@ECT
cc: Katherine L Kelly/HOU/ECT@ECT, Angie Zeman/Corp/Enron@ENRON, Molly
LaFuze/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT
Subject: Two New EOL Locations

Hey Jennifer and Dale,
I checked with Scott Neal and Dick Jenkins and they're on board with having
all 4 trading locations available for our customers starting April on EOL (if
possible with you guys of course).  The 2 existing locations are CNG SABINE
NORTH POINT & CNG SABINE SOUTH POINT and the two new proposed locations will
be CNG TRANSMISSION TTT SOUTH POOL & CNG TRANSMISSION TTT NORTH POOL.   There
may be some confusion among our EOL customers with the similar names to these
points so we have to be careful how we differentiate the names of the 4
points.    The Enron trader responsible for the 2 new CNG Transmission
locations will be Scott Hendrickson.  The business systems director at CNG
Transmission who requested this of me is Iris King.  Her phone number is
304-623-8213 and her e-mail is iris_g._king@cngt.cng.com.  She is also
onboard with having the locations available to trade on EOL as soon as
possible.

If I can provide any more info.to you, please let me know.   THANKS AGAIN IN
ADVANCE!!!!!!

---------------------- Forwarded by Victor Lamadrid/HOU/ECT on 03/24/2000
09:39 AM ---------------------------

From:  Jennifer deBoisblanc Denny
                03/23/2000 06:38 PM

To: Victor Lamadrid/HOU/ECT@ECT
cc: Dale Neuner/HOU/ECT@ECT
Subject: Re: two new locations

Victor,
Thanks for the information. It is good to know people outside of the company
are wanting additional locations to trade on EOL.
Can you let me know which trader will be trading this location? Dale Neuner,
in our group, will coordinate adding these locations
for EOL trading.
Thanks!

Victor Lamadrid
03/23/2000 04:26 PM
To: Jennifer deBoisblanc Denny/HOU/ECT@ECT
cc: Katherine L Kelly/HOU/ECT@ECT
Subject: two new locations

Hey Jennifer,  How are you?

We had a meeting with CNG Transmission today.  They have rolled out a new
pooling service for their customers called CNG Transmission North pool and
CNG Transmission South pool.  It's different than CNG South Point and CNG
North Point.  These last two pertain to CNG Sabine Hub Services.  As they
have presented these new services to their customers, all of their customers
are inquiring as to whether or not EOL will be trading these two new
locations in the future.  These new services on CNG Transmission have the
benefit over CNG Sabine Hub Services pools of being free for the time being
(until October at least)....How do we go about adding these two new trading
locations on EOL.  Volumes can be transferred from CNG Sabine Hub Services
points over to CNG Transmission pools at no cost and we are actually starting
to set up our supplies and markets in this manner to save on pooling costs
for April.   I have a contact that you can talk to at CNG Transmission if you
would like.. Please let me know and thanks in advance!!!!


Randy, I will be out of town, but that is ok.   MARK


[IMAGE]
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Content-Transfer-Encoding: quoted-printable
Date: Thu, 22 Mar 2001 09:44:04 -0600
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Paul Fox" <pfox@bracepatt.com>
Cc: "Aryeh Fishman" <afishman@bracepatt.com>, "Andrea Settanni"
<asettanni@bracepatt.com>, "Deanna King" <dking@bracepatt.com>, "Jeffrey
Watkiss" <dwatkiss@bracepatt.com>, "Justin Long" <jlong@bracepatt.com>,
"Kimberly Curry" <kcurry@bracepatt.com>, "Ronald Carroll"
<rcarroll@bracepatt.com>
Subject: Another Story About the ISO Report on Overcharging
Mime-Version: 1.0
Content-Type: text/plain; charset=US-ASCII
Content-Disposition: inline

Apparently the ISO gave the LA Times a copy of the study being filed with
FERC today.  The LA Times published it.

Thursday March 22 6:05 AM ET

Report: Calif Overcharged for Power

By DON THOMPSON, Associated Press Writer

SACRAMENTO, Calif. (AP) - Electricity wholesalers overcharged California $5.5
billion over the past 10 months, according to a report by managers of the
state's power grid.

The five companies, among other things, frequently offered electricity at
prices double what it cost them to produce, concludes the California
Independent System Operator (news - web sites) study, which was published
Thursday in the Los Angeles Times.

``All overcharged, but some excessively and some by moderate amounts,'' said
Anjali Sheffrin, the ISO's director of market analysis.

The Times said the ISO planned to file the study with federal regulators
Thursday and are demanding that the money be paid back.

The companies denied the allegations, adding they expect the Federal Energy
Regulatory Commission (news - web sites) will determine their prices were
justified.

The commission has recently stepped up its scrutiny of power companies'
behavior during California's power crisis, asking suppliers to justify $124
million in sales during the first two months of the year or refund the money.
Critics claim thousands of additional questionable sales are not being
challenged.

The ISO study alleges the wholesalers manipulated the market by bidding at
excessive prices, effectively withholding supplies, or by not bidding at all
when they had generation capability available.

California has been spending about $45 million a day - $4.2 billion since
January - to purchase power for Pacific Gas and Electric Co. (news - web
sites) and Southern California Edison (news - web sites). Both utilities, the
state's largest, have been cut off by electricity wholesalers because their
credit is almost worthless.

State Controller Kathleen Connell said Wednesday that the state's
power-buying is gutting its budget surplus. Since the state started making
emergency power buys, the surplus has fallen from $8.5 billion to about $3.2
billion, she said.

A federal judge issued a preliminary injunction Wednesday ordering a major
electricity wholesaler, Reliant Energy Services, to continue selling to
California despite its fear that it will not be paid.

U.S. District Judge Frank C. Damrell Jr. said Californians were at risk of
irreparable harm if Reliant stopped selling power to the ISO, which buys it
at the last minute on behalf of utilities to bolster supplies and try to fend
off rolling blackouts.

Such blackouts hit the state twice this week. On Wednesday, cooling
temperatures and the completion of repairs at several power plants allowed
the state to avoid blackouts.

Standard & Poor's has put the state on a credit watch due to its power
purchases and chastised Gov. Gray Davis (news - web sites), the Legislature
and state regulators for not taking more aggressive steps to make sure the
utilities can pay their bills.

Edison and PG&E say they are nearly $14 billion in debt due to soaring
wholesale power costs. The state's deregulation law blocks them from
recovering the costs from customers.

Connell ordered an audit of the state's power-buying, saying Davis is
withholding key financial information from her office and the Legislature.

She said she would refuse to transfer $5.6 billion into a ``rainy day fund''
she said was set up to impress Wall Street as the state prepares to issue $10
billion in revenue bonds to cover its power buys. Transferring the money
would leave the state general fund $2.4 billion in debt, Connell said.

She called the scope of the proposed transfer unprecedented and said it
amounted to a ``shell game'' that disguises the power purchases' effect on
the state budget.

Sandy Harrison, spokesman for the state Department of Finance, and Keely
Bosler, of the Legislative Analyst's Office, said such transfers are routine
and required by law. They put the state's budget surplus at $5.6 billion.

``The law says she has to do it. The law does not give her the power to
demand that kind of audit information,'' Harrison said.

Harrison said the state's budget isn't in danger because it will be repaid
with the revenue bonds.

Connell's criticism of Davis, a fellow Democrat, won support from Assembly
Republicans and Secretary of State Bill Jones, a Republican who may challenge
Davis next year.

Jones said he wants to announce his own plan to solve the state's energy
woes, but can't unless Davis releases more financial details.

Davis spokesman Steve Maviglio dismissed the criticism.

``Political grandstanding doesn't generate one more kilowatt of energy for
California in this time of emergency,'' he said.

Maviglio said the administration has released the financial information it
can without jeopardizing negotiations for long-term power contracts with
wholesalers.


Tracee

Best data we have for a 7FA simple cycle is the East Coast Power Linden #7
that NEPCO did.

EPC cost for single unit was $63,000,000 based on a $34,000,000 7FA cost.
Scope was for 7FA with CO catalyst and stack, generator breaker, main power
transformer, 4160 V switchgear, 480 switchgear, small control room, light oil
tank and pumps for backup fuel, natural gas heater.

Best data we have for 7FA combined cycle is Pittsburg.

Simple cycle matrix

unit config net capacity long term net heat rate long term estimated total
project EPC cost
  kW   Btu/kWhr HHV  $total (not including IDC, escalation, Owners costs,
development costs)
dry operation
1 GE 7FA 146118   11238   $65,750,000  $450/kWnet
2 GE 7FA 292235   11238   $123,075,000  $421/kWnet
3 GE 7FA 438353   11238   $177,250,000  $404/kWnet

water injection for summer power
1 GE 7FA 163792   11250   $68,750,000  $420/kWnet
2 GE 7FA 327585   11250   $128,775,000  $393/kWnet
3 GE 7FA 491377   11250   $185,500,000  $378/kWnet

Combined cycle matrix

dry operation
1 X 1 CCGT 221255   7417   $140,280,000  $634/kWnet
2 X 1 CCGT 448295   7321   $255,220,000  $569/kWnet
3 X 1 CCGT 676780   7274   $369,040,000  $545/kWnet

water injection for summer power
1 X 1 CCGT 244777   7523   $143,640,000  $587/kWnet
2 X 1 CCGT 496037   7424   $258,580,000  $521/kWnet
3 X 1 CCGT 748919   7376   $372,400,000  $497/kWnet

This is better data than what Ben Rogers got on Paducah. I was able to get a
better CCTG model run so performance is better than my wild guess Monday. EPC
cost is roughly same basis, did do some adds and subtracts based on your
memo. May not have captured everything but should be in the ball park.
Numbers should be useful for conceptual screening proformas to see if we are
in ballpark, we should do a tasking letter and a complete conceptual
scope/performance/estimate if you need any numbers that we might base
something we put on an offer table. Obviously not reviewed or approved by
anybody.

Ben

I will rerun your data in same form for Paducah - should look better

Thanx Bruce

Tracee Bersani@ECT
02/08/2000 02:13 PM
To: Bruce Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Greg Blair/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike
Coleman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Request for 7FA estimate

Bruce,

Per my voicemail, I am requesting an estimate for 7FA capital costs and heat
rate for a proposed expansion of an IPP acquisition. We will be putting
together a model to come up with an all-in capital cost ($/kw) for a single
cycle, and possibly combined cycle facility with 1-3 7FAs and 0-1 steam
turbines.  The maximum MW of the site would be approximately 500 MW, so we
would like to consider the following configurations:

1, 2, or 3 gas turbines single cycle, for a total of 170, 340, or 510 MW.
2 gas turbines plus one steam turbine in combined cycle, for a total of 510
MW.

Here are some specifics about the facility:
located in Lakewood NJ (east PJM)
primary fuel is natural gas, with a back up fuel of heavy fuel oil
expansion on site of current 238 MW combined cylce facility (2 ABB GT 11N1,
w/ ABB KT Steam turbine )
for option 1: peaking facility, 25% dispatch
for option 2: baseload facility, 90% dispatch
total capacity of pipe is 150 MMcf, and current project uses only 30 MMcf
(e.g. sufficient gas pipeline)

From my discussions with Ben Rogers, I understand that the numbers were
approximately $34-36 MM/turbine and installed capital cost was $571/kwh for
27FAs in combined cycle, at a heat rate of 7300.

Please let me know if this information is enough to get an estimate of the
turbine costs, heat rate, VO&M, start-up costs, and fuel requirements.
Please give me a call when you get this so we can pick a time to discuss the
project further.

Regards,
Tracee


Please plan to attend:

Management Committee Meeting
Friday, November 16
9:00 a.m. (Central)
50th Floor Boardroom
Video connection to London office

Thanks,
Joannie
3-1769


Guz,

We're still having a party on Saturday night.  I didn't get the invitations
out in a timely fashion, so here is your official invitation complete with
directions.

When:  Saturday night 9pm or so.

Where:  7616 NE Andover St.
        Hillsboro, OR  97124
        503-648-8276

How:  Take 26 to Cornelius Pass Road.  You will cross back over 26 going the
correct direction on Cornelius Pass Road.  Head straight 3 miles to Quatama
(look for the Elks Lodge sign), take right onto Quatama... 50 yards take an
immediate left.  We are in the first condo on your left.  There are 3 under
construction across the street, and it will be very hard to miss.  Call us
if you get lost, but you should be all good.

Bring a friend if you want and a beverage of your choice.  We will have
beer, vino, and some food....

Hope you can make it and sorry about the delay getting this to you.
-Boyd

>From: Mark.Guzman@enron.com
>To: boydjas@hotmail.com
>Subject: Re: Christmas party December 16th
>Date: Mon, 4 Dec 2000 11:12:17 -0800
>
>
>My address is 1515 NW 28th Apt7 Portland OR 97210
>

______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com


Here's the options memo you requested.  Happy New Year!

Betsy

 <<68085_1.DOC>>

 - 68085_1.DOC


It should read Cuba Libre Field and Cuba Libre Central Point.

EB


are you free for a drink/dinner Wednesday night?


We would like the opinion to address Section 19(i) of the Accord.  Please
call. Sara

	Enron Capital & Trade Resources Corp.

	From:  Robin Connor <robin_connor@khh.com>                           07/29/99
10:14 AM

To: Sara Shackleton/HOU/ECT
cc:
Subject: swap opinion letter/ enron and RPII.DOC

 <<swap opinion letter/ enron and RPII.DOC>>

Attached for your review is a form of opinion letter to be delivered in
connection with the confirmation.  Please call me (817-878-3575) after you
have had a chance to review the letter.

 - swap opinion letter/ enron and RPII.DOC


George and Webb, please find attached revision one to the Santee Cooper O&M
cost estimate. It is for mobilization and operating period O&M services for
one gas fired, 5 x LM6000 simple cycle peaking facility located at the
Georgia and South Carolina border.

The revision made adjustments to the following:
      Rev 0   Rev 1
Mobilization fee     $90,000   $200,000
Annual Operating fee    $160,000  $250,000
Annual Maintenance cost Estimate  $405,000  $593,000
Mobilization Labor cost (adjusted benefits) $175,000  $193,000
Annual Labor cost (adjusted benefits)  $406,000  $450,000
Initial Spare Parts    $1,320,000  $1,300,000

My reasoning is this:
1. After consulting with OEC, the previous fees were not believed to be at
"market".
2. Annual Maintenance was recalculated after having more time to do a bottom
up estimate.
3. Mob and annual labor costs changed due to a change in OEC benefits
calculations.
4. Initial spares rounded down.

As we discussed, the GT major maintenance is scheduled to occur in year 18 of
an 18 year term.

Please provide your comments.

regards, Scot


The following additions have been made to this weeks corporate changes....

Mar. 16
From 4:00 - 11:00 p.m., the Corporate Messaging team will take Nahou-msmbx01v Storage group 2 Database 1 (X01SG02A\PRIVX01SG2A01) off-line to run a defrag on the database. This maintenance will result in a total outage for those users whose mail resides on this box.   The Hottap help desk as verified the staff working on Saturday will not be affected by this outage.  If you support systems that use outlook for problem or job notifications, you need to verify the service will not be interrupted.  Contact Cyndi Wulfson with the message team.
Mar. 19
From 5:00 - 6:00 p.m., the Corporate Server team will replace the primary NIC in NAHOU-BPMS01P.  This maintenance will cause a total outage of corporate sysAdmiral Production Batch Scheduling.

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


----- Forwarded by Jeff Dasovich/NA/Enron on 03/08/2001 12:12 PM -----

	"Katie Kaplan" <kaplan@iepa.com>
	03/08/2001 12:17 PM

		 To: <Jeff.Dasovich@enron.com>
		 cc:
		 Subject: RE: FW: CAISO Notice - Draft Market Stabilization Plan

ISO Market Participants:
 The ISO has developed a market stabilization plan, designed
to stabilize operations and control costs in California, to be implemented
in the next two months.  It would remain in place for the near term (through
Summer, 2001 and beyond) and includes changes to existing ISO practices as
well as an expansion of the ISO's responsibilities.  Because of the need to
move quickly so that the plan can be implemented by this summer, we will be
unable to hold a full stakeholder review process.  But, we do want to
discuss the plan with you so that you can understand the proposal and the
reasoning behind it.
 The ISO will post this plan on the ISO web site at
http://www.caiso.com/stakeholders/ <http://www.caiso.com/stakeholders/> , by
COB tomorrow.  In addition, we will host a conference call from 10:00 a.m.
to 2:00 p.m. PST this Friday, March 9, to discuss the plan with you and
clarify any outstanding issues.  We then plan to request the Board's
approval for this plan on March 15th in order to be able to implement the
plan by summer.
 The call in information is as follows:
 Market Stabilization Conference Call
 Friday, March 9, 10:00 a.m. - 2:00 p.m. PST
 Call-In Number:    877-381-6005
 Conference ID #:    760357
 Leader Name:    Byron Woertz
 Following the call, you may submit any comments on the plan
to us by close of business on Tuesday, March 13.  You may send your comments
to bwoertz@caiso.com.  We will do our best to summarize your comments and
present them to the Board at their March 15 meeting. In addition, there will
be a public comment period on the 15th.
  Please contact me if you have any further questions.
  Byron B. Woertz, Jr.
  Director, Client Relations
  (916) 608-7066

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Thursday, March 08, 2001 8:42 AM
To: Katie Kaplan
Subject: Re: FW: CAISO Notice - Draft Market Stabilization Plan

Katie:
Thanks so much for the info.  Do you have the call-in number for the ISO
call today?

Best,
Jeff


-----Original Message-----
From: 	"Becky Gilfry" <becky@cqg.com>@ENRON
Sent:	Thursday, January 10, 2002 12:06 PM
To:	Pechersky, Julie
Cc:	Rondeau, Clayton
Subject:	RE: Chris Dorland

Julie,

My apologies....it was on delayed but not any longer!

Becky

-----Original Message-----
From: Pechersky, Julie [mailto:Julie.Pechersky@enron.com]
Sent: Thursday, January 10, 2002 11:37 AM
To: becky@cqg.com
Cc: Rondeau, Clayton
Subject: Chris Dorland

Becky,
Clayton in the Calgary office called and said that Chris Dorland seems to be
receiving NYMEX quotes delayed....is he permissioned for
that exchange real time?

Thanks,
julie

**********************************************************************
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.
**********************************************************************


I just called Diomedes' office to try and get on his calendar next week.
They told me he is not there and won't be back until after Carnival which I
guess means March 9 at the earliest.  I am in Portland the 6th & 7th (Mon. &
Tues.) and Amsterdam the 13th - 17th (Tues. - Fri.).  Unless an emergency
comes up it looks like the earliest I can reasonably expect to make it will
be towards the end of March (27 - 31?).

Brent Hendry@ENRON_DEVELOPMENT
02/18/2000 06:53 AM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Re: Trading Attorney in Brazil

Mike will be here next Thursday and Friday.  I am not sure of anyone's
schedule in Sao Paulo.  Please note though that Mike has scheduled an offsite
for BA office next Friday afternoon to discuss the goals for this next
year.   No one will be around the office most of Friday.  Does it make sense
to flip the order of visits?

Mark Taylor@ECT
14/02/2000 07:30 PM
To: Brent Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Trading Attorney in Brazil

I wish it were more clear.  I am trying to get down there to talk to the
commercial people about the business direction and support we can provide but
until then I don't know that we should get their hopes up.  I had hoped to
come this week but Randy is here in Houston.  Maybe second half of next
week?  Do you know if everyone will be in those days? (I was thinking Sao
Paolo Wed/Thurs and B.A. Thurs/Fri).

Brent Hendry@ENRON_DEVELOPMENT
02/14/2000 10:53 AM
To: Mark Taylor@ECT
cc:
Subject: Re:

Here is my proposed response.  Let me know if you want to mention the last
item or not.  Thanks.

Mike, I agree on having the trading attorneys continue to work on
transactional work in Bolivia.  I also agree with Fede that to the extent a
supply contract or off-take agreement is part of an overall financing
agreement that the work ought to remain with the attorney in charge if
overseeing the all the documentation for the project.  As always though we
would be available to review provisions or answer any questions regarding
Enron's position on trading issues.  Additionally, it may be possible that in
the future a trading attorney in Brazil may be available to handle Bolivian
issues as well.
Brent

---------------------- Forwarded by Brent Hendry/ENRON_DEVELOPMENT on
14/02/2000 01:44 PM ---------------------------

	Enron International

	From:  Federico Cerisoli                           11/02/2000 07:23 PM

To: Michael Guerriero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Randy Young/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sami
Arap/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Novak/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Taylor@ECT, Brent
Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re:

I agree.  One little comment.  Though the transactional legal work should
remain in Argentina, as an exemption, I would suggest to use Brazilian
resources for "project financeable" gas supply agreements.
Fede

Michael Guerriero

02/10/2000 05:50 PM

To: Randy Young/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sami
Arap/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Novak/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Taylor@ECT, Brent
Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Federico
Cerisoli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject:

I like to convey my thoughts regarding Bolivia legal responsibilities in
light of the recent adjustments in commercial responsibility for Bolivia gas
supply. As of today we have moved all responsibility for Bolivian natural gas
supply and projects into the wholesale group under Fede. We have also moved
Gaby over to support the effort.

In light of the need for my group to focus on making the Argentine commercial
markets a success and the wholesale groups need to support the projects I
would like to propose that all Bolivian project related legal work go to John
Novak's group and  all transactional Bolivian legal work (sales and
purchases) remain in Argentina.

I believe this division of responsibilities leverages off everyone expertise
and eliminates the bottle necks we are having in Argentina regarding the
project work. It will also allow the Bolivian commercial people to be
supported best with their respective local legal talent.

Please let me know your thoughts.

MFG


Why is this formulation of the EESI Energy Price  any different than saying "plus the Fixed Basis" and then defining the Fixed Basis as a $/kWh amount?  Isn't it exactly the same?  We've written it the way it was before so it is easy to plug in the fixed basis number.

Why have you changed the calculations of excess and deficiency usage charges during the index period?  Why have you used the reference to a Management Fee in the new language?  Why are there no charges for Excess Usage during the index period--are you really giving them the fised basis position for unlimited usage?

Jevaughn Sterling
10/23/2001 05:29 PM
To:	Berney C Aucoin/Enron@EnronXGate, Phil Layton/HOU/EES@EES, Liqun Pan/HOU/EES@EES, Richard Ring/HOU/EES@EES, Michele Raque/ENRON@enronXgate, Jim Brown/HOU/EES@EES, Nina Nguyen/HOU/EES@EES, Christopher Riley/HOU/EES@EES
cc:	NJ Team, James M Wood/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Bob Hansen/HOU/EES@EES, Gillian Johnson/HOU/EES@EES
Subject:	NJ Index plus

Following today's discussions with the Transaction Accounting group to discuss fixed basis Mark to Market, Product Management has modified the definition of the EESI Energy Price.

The conclusion of the discussion with Transaction Accounting was that the Index product does in fact create a commodity position that the commodity desk can "choose" to manage.  The "revenue" position that is created when the contract is signed with the customer will be settled based on the published PJM Zone LMP, nevertheless the commodity desk may choose to manage their "cost" otherwise.  The proposed fixed basis will be treated as ONE with the index in determining the EESI Energy Price.   This approach is very similar in nature to the definition of the "Plus" that is defined in the ENovative Lite Energy Service Agreement for Gas products.

Therefore, the EESI Energy Price will now read:

""EESI Energy Price" means the sum of the weighted average (weighted in accordance with the Account's hourly usage or the Utility rate class usage profile) of hourly Real Time Locational Marginal Price for the applicable Utility load zone as posted by the ISO plus $0.0[    ] per kWh."

Please see the attached transaction confirmation and comment on the new definition of the fixed basis.  All references to the fixed basis ("Management Fee")  as a separate component of the EESI Energy Price should be removed from the contract language.

Please provide your comments accordingly.

Thanks


A new Kudlow's Take has been published on Kudlow.com. As a subscriber, you may click the hyperlink below, login, and view the latest Kudlow's Take. AOL Users please note, you may need to copy and paste the hyperlink into your web browser.

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George, it is probably worth  speaking to them about the US assets - probably
the smaller Virginia sites which are probably less core and may be great
brownfield sites. I'm not sure we would have an interest in UK coal fired
assets. I would speak to Sherriff on that one. However, I would caution that
real value is created through RAPID brownfield development leveraging on
Enron's development, electricity, coal and emissions talents.

For ComEd and Homer City, Mission has already paid up for these assets based
on gas being on the margin.  Now that was before a lot of the run up so it
may be worthwhile; however, I think it may be difficult to arb these guys.
As well, I think it may be difficult to get the asset out of them - I'm not
sure that they can turn their strategy or show a loss this quickly from a
Wall Street point of view.

We should probably take a shot at the smaller probably less core Virginia
assets. Are they in QF, if so there may be upside in the deal from Duran's
point of view..

Dave, given the rise in gas prices and gas being on the margin for a larger
part of the load curve, coal assets or coal QF's may be great assets for us
from a restructuring and power asset (expansion/brownfield) point of view.
Have we looked at this?  Are there many in the market?

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 07/13/2000
08:17 PM ---------------------------

	From:  George McClellan                           07/12/2000 03:44 PM

To: David W Delainey/HOU/ECT@ECT
cc: Michael J Beyer/HOU/ECT@ECT, Daniel Reck/HOU/ECT@ECT, Janet R
Dietrich/HOU/ECT@ECT
Subject: Edison Mission Energy

Dave - as we know Mission is under pressure with regards to the poor
performance of their non-regulated generation assets in the US and UK.  It
appears their  UK coal fired assets (Fiddlers Ferry and Ferrybridge) are for
sale.  We should consider contacting them to determine their interest to
divest any part of their US generation asset portfolio as well.

EME owns the former Comed coal and gas fired assets in Chicago, and Homer
City in Pa.  In addition they have small coal fired generation assets in West
Virginia and Virginia.  It may be possible to pick up one or more coal fired
generation assets from Mission, and expand their existing capacity.

We are continuing to work on identifying brown field coal fired sites.  This
may be another approach to pursue as well.

Let me know if you think we need to work EME.  Thanks.


CALENDAR ENTRY:	APPOINTMENT

Description:
	John Buchanan - Oncall

Date:		9/15/2001
Time:		7:00 AM - 7:55 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


GT,  Right now it will only be me and maybe my brother.  Probably stay both
Fri. and Sat. night.

	"Townsend, George" <gtownsend@manorisd.net>
	10/18/2000 04:23 PM

		 To: "'Gerald.Nemec@enron.com'" <Gerald.Nemec@enron.com>
		 cc:
		 Subject: RE: Missouri

What night do you plan on staying?

GT

> -----Original Message-----
> From: Gerald.Nemec@enron.com [SMTP:Gerald.Nemec@enron.com]
> Sent: Monday, October 16, 2000 2:37 PM
> To: gtownsend@manorisd.net
> Subject: Missouri
>
> GT,  How is it going?  Man, was that an ass-whipping or what that we took
> from OU.  Looks like we salvaged some dignity with the CU game.
>
> I was planning on coming in for the Missouri game.  I might have my
> brother
> and another friend with me.  How are you set for space.  Those guys could
> crash on the couches, if its not a problem with you.  If it is a problem,
> just let me know and we can make other arrangements.
>
> Talk at ya later
>
> G


Steve - Mark asked me to forward this message I received from Ed Smida
(Blockbuster team).  Paula
---------------------- Forwarded by Paula Rieker/Corp/Enron on 03/05/2001
04:00 PM ---------------------------
From: Ed Smida@ENRON COMMUNICATIONS on 03/04/2001 01:30 PM
To: Paula Rieker/Corp/Enron@Enron, Paula Rieker/Corp/Enron@Enron
cc:

Subject: Blockbuster media statement

FYI

----- Forwarded by Ed Smida/Enron Communications on 03/04/01 01:29 PM -----

	Kelly Kimberly
	03/02/01 11:48 AM

		 To: David Cox/Enron Communications@Enron Communications, Richard
DiMichele/Enron Communications@Enron Communications, Frank Bay/Enron
Communications@Enron Communications, Ed Smida/Enron Communications@Enron
Communications, Kristina Mordaunt/Enron Communications@Enron Communications,
Ken Rice/Enron Communications@Enron Communications, Kevin Hannon/Enron
Communications@Enron Communications
		 cc:
		 Subject: Blockbuster media statement

Attached are three versions of standby statements on our Blockbuster contract
and sets of questions and answers, albeit with many missing answers.  NONE OF
THESE IS A NEWS RELEASE TO PROACTIVELY ISSUE.  THEY ARE TO USE ONLY IF
ASKED.  The statements are:

1. For use immediately, should someone ask about contract status. It is
basically a "discussions are confidential" statement.

2. If word of our renegotiations is too broadly leaked, we may have to
consider a different statement so we're not put on the defensive.

3. If and when we cancel the contract.  It would be preferable to offer a
joint, amiable statement with BB so we don't go to war in the media, but
this  statement assumes that we'd have our own.

We need to deal with versions 1 and 2 shortly since Blockbuster continues to
make comments (like at the Kagan conference this week, where Antioco said we
won't extend the trial due to small movie selection.)

And we need to think about responses to the types of questions that we expect
to receive.  Please send me your comments by early next week.


I'm getting ready right now to fax it over to Meg.

	Mary Griff Gray
	09/08/2000 10:08 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: Coral Energy's transaction(s) [9/1/00] using incorrect ID (used
financial ID for physical transaction)

Wonderful -- I'll let my counterparty know.  Would you let me know when it
goes to Coral for approval?
Thanks, Griff

From: Tana Jones on 09/08/2000 09:03 AM
To: Mary Griff Gray/HOU/ECT@ECT
cc:
Subject: Re: Coral Energy's transaction(s) [9/1/00] using incorrect ID (used
financial ID for physical transaction)

Yes, I've prepared the assignment, I am just waiting for the lawyer to sign
off on it.

	Mary Griff Gray
	09/08/2000 07:25 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Coral Energy's transaction(s) [9/1/00] using incorrect ID (used
financial ID for physical transaction)

Tana --

Has Coral Energy's legal group been in contact with you regarding an
assignment regarding the above?

Thanks,
Griff
x35753


REMARKS BY THE PRESIDENT
TO SOUTHWEST MICHIGAN FIRST COALITION/
KALAMAZOO CHAMBER OF COMMERCE JOINT EVENT
ON THE ECONOMY
Western Michigan University
Kalamazoo, Michigan

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

Energy Issues are highlighted in bold text.


Please note your calendars to reflect the following meeting:

 Date:  June 15, 2000

 Time:  3:00 pm - 4:30 pm

 Place:  3314

 Subject: Insurance

If you have any questions/conflicts regarding the above mentioned meeting,
please feel free to call me.

Thanks,

Kay


i hate UBS systems , im down again


I concur with your view .

No to all of them

Louise

 -----Original Message-----
From: 	Richter, Brad
Sent:	Monday, October 01, 2001 2:22 PM
To:	Kitchen, Louise
Subject:	TrueQuote update

FYI, see the trail below.  The value prop is low and the related workload and risk are high... bad deal.  I'd like your thoughts if you get a minute.

Thanks for an engaging budget discussion last week,
Brad

 -----Original Message-----
From: 	Richter, Brad
Sent:	Monday, October 01, 2001 10:52 AM
To:	Piper, Greg; Whalley, Greg
Cc:	Shults, Bob; Webb, Jay; Pickering, Mark
Subject:	RE: Opportunity to take on ICE  - CONFIDENTIAL - Update from EOL Team

I just spoke with Chris Edmonds.  There are 4 basic things he is requesting of Enron:

TQ receives the right to sell API's with limited EOL transactability
Brokers would be allowed to transact on EOL numbers through TQ site
Enron would post more products and terms on their site
The term of our Agreement would extend an additional 18 months

I told him that we have not yet reached strategic closure on selling API's or continuing Broker Client internally.  Even if we decided to pursue those activities, I explained that the value proposition for Enron doing it on its own was considerably more than TQ was offering us.  I made it clear that I was not going to drop everything and work on our API strategy just so that TrueQuote could get on with their business model.  I characterized the additional product and extended term requests as subsets of the first two and therefore also off the table.

I basically told him "no" and he said he would confer with Dennis and call back later in the week.

Please let me know if you have any questions,
Brad

 -----Original Message-----
From: 	Piper, Greg
Sent:	Friday, September 28, 2001 4:40 PM
To:	Whalley, Greg
Cc:	Richter, Brad; Shults, Bob; Webb, Jay; Pickering, Mark
Subject:	FW: Opportunity to take on ICE  - CONFIDENTIAL - Update from EOL Team

Got the e-mail Chris Edmonds from TrueQuote sent to you.

First, Brad Richter and Bob Shults know Chris well and are calling him today to let him know that we understand his request to you and that we will finalize a response to him early next week.

We completed the link to them as per our legal commitment earlier in the year and send to them the products we are required to as per the contract. Bottom line, we are absolutely honoring our contract with them.  However, they want to do more and that is what we are considering.

Now, some history.  As you know, TrueQuote was supposed to be a robust, many-to-may site and function more like ICE does today.  Well, it doesn't.  It is basically a front end for EOL prices.  As of 9/27, 288 trades have occurred  for Enron at True Quote and the majority of those have been PG&E, an owner.  In August, it averaged 4 trades a day and in September, 1 trade a day.

Issues arose a few months ago with them when they realized that they were struggling to be a true many-to-many exchange and wanted to sell APIs as TrueQuote to other companies.  This concerned us greatly since we felt, per our contract with them, that this was a technical and security issue for us.  Webb did not like it all for system security issues and we have a right in the agreement to say no because of that.  We also talked to other companies about an API to EOL and they said they were just going to get one from TrueQuote and that concerned us as well since the only thing at TrueQuote is our prices.

The broker portion is that they want to act like broker client.  As you know, the gas desks are indifferent to broker client but East Power does not like it for reasons I can explain later if you wish.  Therefore, they want to escalate broker client at a time when we are considering its cost/benefit for Enron.

Finally, if Dynegy puts prices there as well, that may be helpful to our equity but I don't think it is a high priority for EA as a trading company.

I discussed all this with Louise a month ago and I believe she supports our path.  I will check with her and Lavo Monday to make sure they are in agreement with any response we give to Chris.

Let me know if you need more info or want me to check with you as well before we respond to TrueQuote.

Thanks.

Greg Piper

 -----Original Message-----
From: 	Taylor, Liz M.
Sent:	Friday, September 28, 2001 3:24 PM
To:	Piper, Greg
Cc:	Spiller, Tina
Subject:	FW: Opportunity to take on ICE  - CONFIDENTIAL

Greg,

Chirs Edmonds, of True Quote, has been calling for Greg and also sent this email (see below).  Greg has asked me to inquire about this w/you.  Please advise.

Many Thanks,

Liz Taylor
Exec. Assistant to Greg Whalley
Office of the Chairman
Enron Corporation
Tel.   713.853.1935
Fax   713.853.1838

 -----Original Message-----
From: 	Chris S. Edmonds [mailto:chris.edmonds@truequote.com] <mailto:[mailto:chris.edmonds@truequote.com]>
Sent:	Friday, September 28, 2001 2:39 PM
To:	Greg Whalley (E-mail)
Cc:	Dennis Crum (E-mail)
Subject:	FW: Opportunity to take on ICE  - CONFIDENTIAL

Greg:

I need your guidance regarding a few issues currently outstanding with respect to the True Quote / EnronOnline relationship.  Practically speaking, Enron's internal decisions will determine the fate of True Quote in its current form.  I will outline the issues below and await your response.

We are closing in on a deal that will connect DynegyDirect to the True Quote platform.  We believe True Quote would have a strong competitive advantage against ICE if we have a commitment from Enron and DynegyDirect.  We are hestitant to move forward with Dynegy until we have a complete understanding of our relationship with Enron.

True Quote has made a proposal to EnronOnline that would create a revenue stream to Enron in return for a larger product commitment from Enron.  We are waiting on a response from Enron.

True Quote needs the ability for brokers to transact with Enron through the True Quote interface.  We have agreed to the same terms and conditions as the Broker-Client product offering.  We are waiting on feedback from Enron.

We are confident True Quote would be greatly successful if we could execute the strategies outlined above.  We want to have a win-win relationship with Enron that allows us to shape the marketplace and compete aggressively against ICE. Due to the critical nature of these discussions and the associated timing, I chose to write you and ask for your guidance.  Right now, we need to know which direction Enron plans to take.  Regardless of the direction, our time is running short.  It is with the greatest respect for the way we began this relationship, that I ask you to help us evaluate this opportunity.

Should you wish to discuss these matters further, please feel free to contact me at your earliest convenience.  I can be reached at virtually any time via my cell phone at 502-558-2568.

Best regards,
Chris

_______________________________
Christopher S. Edmonds
Chief Operating Officer
True Quote LLC
9931 Corporate Campus Drive
Suite 2400
Louisville, KY  40223

Phone:  502-212-4903
Fax:      502-212-4907

email:   <chris.edmonds@truequote.com <mailto:chris.edmonds@truequote.com>>
url:        <<http://www.truequote.com/>>


FYI
 -----Original Message-----
From: 	Corman, Shelley
Sent:	Tuesday, March 19, 2002 8:32 AM
To:	Ambler, John; Taylor, Gina
Subject:	Need Communications Coverage for LA incident

OCC has called me and I am on the call and the operations folks seem irritated with my explanation that I no longer cover communications so I have jotted down the notes on the call and would like to hand over to you as appropriate.

Summary notes from Tom Mertz
-There was an oil spill on the Block 49 platform off the coast of LA in Elod (sp?) Bay on an EOTT facility.
- Have 2 people on blocks but they are busy with booms (so they are out of communication) and others are on the way to the site to bring up communications.
- The spill was initially reported at 10 barrels.  But later received report that slick reported as 250 ft wide x 1.2 mi long.  And it is nearing the bank/shore.
- Going to do fly over.
- Govt agencies have been called including the Coast Guard. Coast Guard will meet us at site.
- We have deployed US environmental to do containment and cleanup
-There is concern that news will cover when slick reaches shore.


give me the explanations and i will think about it

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:37 AM
To:	Nelson, Michelle
Subject:	RE:

is that a yes

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:35 AM
To:	Maggi, Mike
Subject:	RE:

i can't wait to hear those.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:35 AM
To:	Nelson, Michelle
Subject:	RE:

i promise if you are serious i will come up with the explanations

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:34 AM
To:	Maggi, Mike
Subject:	RE:

i'm supposed to go to ny with your for one day and you haven't given me a reason why or an explanation for anyone.  keep up charlie brown.  and you didn't answer me about hiring someone!  what does that mean?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:32 AM
To:	Nelson, Michelle
Subject:	RE:

what do you mean, you are worth it for one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:29 AM
To:	Maggi, Mike
Subject:	RE:

that's not a good enough reason!  you are worth it for one day!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:28 AM
To:	Nelson, Michelle
Subject:	RE:

because its with me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:28 AM
To:	Maggi, Mike
Subject:	RE:

you tell me why and i will seriously think about it.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:27 AM
To:	Nelson, Michelle
Subject:	RE:

i think going to ny is in your best interest

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:15 AM
To:	Maggi, Mike
Subject:	RE:

see you cannot be trusted.  and how is that looking out for your best interests?  should you change your thinking sir?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:13 AM
To:	Nelson, Michelle
Subject:	RE:

youre right, im sorry, i think i was looking out for me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:10 AM
To:	Maggi, Mike
Subject:	RE:

why would you want to do that?  how is that looking out for me?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:10 AM
To:	Nelson, Michelle
Subject:	RE:

i think so

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:09 AM
To:	Maggi, Mike
Subject:	RE:

are you trying to get me in trouble charlie brown?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:08 AM
To:	Nelson, Michelle
Subject:	RE:

really?

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:07 AM
To:	Maggi, Mike
Subject:	RE:

you find me the explanation to all and i will find the day!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:06 AM
To:	Nelson, Michelle
Subject:	RE:

i am serious, you can find one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:59 AM
To:	Maggi, Mike
Subject:	RE:

are you being serious?  i am not my own boss you forget.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 9:58 AM
To:	Nelson, Michelle
Subject:	RE:

you tell me, my schedule is pretty open

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:57 AM
To:	Maggi, Mike
Subject:	RE:

ok when?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 9:54 AM
To:	Nelson, Michelle
Subject:	RE:

cant we just go for one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:51 AM
To:	Maggi, Mike
Subject:

they are lighting the tree on wednesday in ny!  we are going to miss it.


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

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SKEAN>
To: Palmer, Mark A. (PR) </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MPALMER>, Denne, Karen </O=ENRON/OU=NA/CN=RECIPIENTS/CN=KDENNE>
CC: Richard.S.Walker@chase.com, Kristen.Lemkau@chase.com, daniel.noonan@ssmb.com, james.f.reilly@ssmb.com
Date: Monday, October 29, 2001 3:42:16 GMT
Subject:

here it is

**********************************************************************
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.
**********************************************************************


Lucy,

Here is a schedule of the most recent utility bills and the overages.  There
are alot of overages.  It will probably get worse this month because of all
the cold weather.

You need to be very clear with all new tenants about the electricity cap.
This needs to be handwritten on all new leases.

I am going to fax you copies of the bills that support this spreadsheet.  We
also need to write a short letter remind everyone about the cap and the need
to conserve energy if they don't want to exceed their cap.  I will write
something today.

Wait until you have copies of the bills and the letter before you start
collecting.

Phillip


memorial weekend = booze + golf + sluts

 -----Original Message-----
From: 	"Marcantel MM (Mitch)" <MMMarcantel@equiva.com>@ENRON [mailto:IMCEANOTES-+22Marcantel+20MM+20+28Mitch+29+22+20+3CMMMarcantel+40equiva+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, May 16, 2001 8:35 AM
To:	'kevin.a.boone@accenture.com'; Lenhart, Matthew
Subject:	RE: memorial day

I'll be up for whatever.

-----Original Message-----
From: kevin.a.boone@accenture.com [mailto:kevin.a.boone@accenture.com]
Sent: Wednesday, May 16, 2001 7:56 AM
To: MMMarcantel@equiva.com; Matthew.Lenhart@enron.com
Subject: memorial day

I'm ready to get the hell to BR . . . I'm leavin straight from work Thurs
nite and gonna drive straight to the Chimes . . . anyways, we need to do
something cool Memorial Day weekend . . . crawfish boil, go party on 6th
street in Austin one night, or some shit like that . . . what do y'all
think

Regards,

Kevin A. Boone
Accenture--Houston
(Octel) 713.837.1638
(Client) 281.848.1619
(C) 713.306.7940
(H) 713.864.4149
Kevin.A.Boone@accenture.com

Our web address is http://www.accenture.com


Enron Edge:  Competitive Intelligence.  Enron Edge:  Competitive
Intelligence.  Enron Edge:  Competitive Intelligence.

Get it?

Go there!  See you at the Edge.

Log on to eSpeak this Friday, July 28 at 10:00 a.m. Houston time to
participate in Rebecca Mark's eSpeak event.  Rebecca will be discussing how
Azurix is using its assets, services and internet technologies to deliver
innovative solutions to customers in the rapidly changing global water
industry.

And remember:  if you cannot make the event, visit the eSpeak site in advance
and pre-submit your questions.

Enron's 2000 United Way campaign is fast approaching.  To facilitate
questions you may have about United Way and your involvement, we have added a
"United Way" category to eMeet.  Please visit eMeet and post your questions
or comments.  This category will be checked periodically by a member of
Enron's United Way team, so your questions will be answered.


Lauri,   From a legal standpoint, we can cut the nomination on an
interruptible agreement at our discretion.  The contract clearly gives us
this right.  I haven't specifically reviewed the contract, but I am assuming
it is our standard form.  I will check this.

Yes, I would consider HISD facilities to be state facilities.  The fact that
this goes to Entex first complicates the issue.

Dan,  was the intent that it be directly delivered to state facilities, or if
it ultimately ended up at state facilities?

	Lauri A Allen
	12/19/2000 10:57 AM

		 To: Dan J Hyvl/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: Texas General Land Office IT Transport

I haven't heard anything back from you guys on this.  Any insight?  I know
Linda Roberts is also working a deal with TGLO to convert bbls to mmbtus
which could mean incremental volumes that TGLO would be trying to get into
Midcon.
---------------------- Forwarded by Lauri A Allen/HOU/ECT on 12/19/2000 09:37
AM ---------------------------
From: Gerald Nemec on 12/05/2000 04:12 PM
To: Dan J Hyvl/HOU/ECT@ECT
cc: Lauri A Allen/HOU/ECT@ECT
Subject: Texas General Land Office IT Transport

Dan,  Any input you have on this contract would be appreciated.

----- Forwarded by Gerald Nemec/HOU/ECT on 12/05/2000 04:11 PM -----

	Lauri A Allen
	12/05/2000 02:53 PM

		 To: Gerald Nemec/HOU/ECT@ECT, Eric Gillaspie/HOU/ECT@ECT
		 cc: Daren J Farmer/HOU/ECT@ECT, Edward.D.Gottlob@enron.com
		 Subject: Texas General Land Office IT Transport

Gerald/Eric-

I have a couple of questions regarding TGLO transport contract
012-88494-202.  We are currently delivering a volume of 28.000mm into various
Midcon interconnects on this contract that are designated to go to
Reliant/Entex for the purpose of heating HISD schools.  The transport
contract stipulates different rates for this delivery depending on whether
the gas is intended for state facilities or not.  My first question, then,
is:  are HISD schools considered state facilities?  And, if HISD schools are
considered state facilities, does the fact that this gas is being delivered
to them via Reliant/Entex utilizing Midcon's pipe make any difference?

I am asking these questions not only to assure that we are recouping the
correct transport rate, but also to determine what the consequences might be
if I interrupt this delivery.  We are having difficulty getting enough gas
into Midcon to cover our Entex noms and I am just exploring my options.  I
would also expect that this volume should decrease when HISD closes for the
Christmas holidays- does the fact that this is an IT agreement give me enough
leverage to cut this nom if TGLO does not do so voluntarily?

Thanks for your help.


This is in Publisher 2000, see if you can open it in anything.  It needs
some updates, but I can forward those to you, if this works.

Bonnie

----- Original Message -----
From: <Dana.Davis@enron.com>
To: <abraham5@flash.net>
Sent: Monday, December 04, 2000 2:43 PM
Subject: Calendar

>
> I know that you are busy but this is just a reminder to forward me the
> calendar that we spoke of earlier.  Thanks!
>
> Dana
>
>

 - ChurchCalendar2001.pub


As you may have noticed, there was a network error during today's eSpeak with
Dr. Ben Gilad.  Although the questions and answers were not visible during
the second half of the eSpeak session, Dr. Gilad did answer all the questions
he received.  As always, the transcript of the discussion will be available
in the eSpeak archives.

If the technical issue prevented you from asking a question during today's
session, please email your question to Amy Oberg at Enron Energy Services.
Dr. Gilad has generously offered to respond to questions that could not be
submitted during the live event.


EOTT's first quarter earnings release is scheduled for Monday, May 15 before
the market opens.

We will also host a conference call at EOTT's offices on May 15 to discuss
first quarter results.  The call is tentatively scheduled for 9:30 AM CST.
Mike Burke, Dana Gibbs, Susan Ralph and Lori Maddox should plan meet in the
conference room by Mike's office 10 to 15 minutes before the call begins
(others copied on this note do not need to attend, but are welcome to call in
or listen over the webcast - info. to follow on dial-in number/instructions).

Scott Vonderheide
(713) 853-4863