Dear all,

I followed up on the suggestions at the conference call as follows:-

1) USE LESS DATA

Unfortunately, kicking out only 1990 makes the overall equation a lot less
robust, in fact dramatically so, and so eliminates the possibility of using
less data.  The model tested was the RPI(month+15) & Deviations from
long-term average for Brent Crude.  The r-squared and F-statistic collapsed
by eliminating the first 12 months of data.

2) DEVIATIONS IN CRUDE VARIABLE

Shifting the crude explanatory variable backwards and forward by 3 and 6
months did not alter the model goodness-of-fit parameters dramatically and so
my suggestion is that we stick with the following model:

PLLU[t] = a.RPI[t] + b.RPI[t+15] + c.BrentCrudeDeviations[t] + Constant

3) TESTING MODEL WITH SINE WAVE

To gauge the response of the model to wildly-varying RPI forward curve, a
sine wave of period 3 years for RPI was input into the PPI model.  The result
was as expected; PPI pre-empts the moves in RPI by about 8 months.  The
magnitude of the oscillations is also reduced.  This shows that if we had
more detail in our RPI forward curve, then the PPI model would reflect those
peaks and humps adequately.

CONCLUSION

I therefore propose that we use the model that incorporates RPI, RPI[t+15]
and deviations of Brent Crude from long-term average.  The new model is
plotted below in burgundy and can be compared to the old PPI which is
depicted in blue.

The new model achieves the two main objectives of the PPI curve: it is
significantly more robust and stable than the existing one, and it is
considerably less sensitive to the input coefficients, which results in us
having more confidence in our monthly P&L.

Please note that all this analysis only applies to PLLU, and that a separate
study will be needed for the DZCV PPI index.

Regards,

Anjam
x35383

---------------------- Forwarded by Anjam Ahmad/LON/ECT on 09/03/2000 16:52
---------------------------

Anjam Ahmad
08/03/2000 14:03
To: Martina Angelova/LON/ECT@ECT, Harry Arora/HOU/ECT@ECT, Maureen
Raymond/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Farouk Lalji/HOU/ECT@ECT
cc: Trena McFarland/LON/ECT@ECT, Dale Surbey/LON/ECT@ECT, Stinson
Gibner/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Leandro
Ibasco/Corp/Enron@Enron

Subject: Update on PPI Model for Inflation Book

Dear all,

We thought it might be useful to incorporate Brent crude as an explanatory
variable for PPI; it was found that deviations of Dated Brent Crude from the
long-term average of $18.80 was the best form of the variable to use (for
predictions the Brent forward curve produced by the Global Products Group is
used).  The three new equations developed were:-

PLLU(t) = a.RPI(t) + b.RPI(t+N) + c.(DatedBrentCrude - 18.8) + constant,
where N is 14,15 or 16
[REDDISH CURVES]
r-squared approx 0.49
F-stat approx 32

The chart below shows what our projected PLLU curve would be given this
equation, and also the three best relations from before which were based upon
current and future RPI:

PLLU(t) = a.RPI(t) + b.RPI(t+N) + constant, where N is 14,15 or 16
[GREENISH CURVES]
r-squared approx 0.47
F-stat approx 45

COMPARISON OF MODELS
As you can see, the two equations differ in the very short-term and very
long-term; the inclusion of deviations of Brent Crude leads to short-term
predictions of 3.0% to 3.2% over the next six months.  The greenish curves
predict PLLU in the range of 2.5% to 2.8% over the next six months.

The curves are then very similar until 2009, when the models including crude
break-away to the upside, relative to the falling RPI curve.  The model based
purely on RPI hugs the RPI curve much more closely in the longer term.  This
is only important to the extent that we have large positions beyond 2009
(which we don't).

SUGGESTION
What could be useful now is a differently-specified model designed to
forecast only the next 3 months, using auto-regressive or auto-regressive
error terms.  This model would be far more accurate in the near-term, and we
could include this information onto the front of this long-term model.  This
may be useful, despite the fact that most of our exposure is in future time
buckets.

BACK-TESTING

All the models give similar visual and statistical performance over the data
sample used (based mainly on 1990s "new paradigm" economy).

Hopefully we can discuss these and other points later in the tele-conference;
your ideas on this would be appreciated.

Regards,

Anjam
x35383


The officers of the Natural Gas Roundtable would like to invite you to
attend a NGR luncheon on Thursday, June 14.  We are very pleased that Rep.
J. C. Watts, Jr. has agreed to be the guest speaker for this lunch and he
will discuss national energy, energy security and price stability.  You do
not need to be a member of the Roundtable to attend.  Attached is a notice
with more details regarding this luncheon.  If you would like to attend,
please RSVP to me by noon on Tuesday, June 12.  Hope to see you Thursday!
--Sue Swann, Coordinator, NGR

 - June14-01.doc


CALENDAR ENTRY:	APPOINTMENT

Description:
	Debbie Bracket EB2864

Date:		10/26/2000
Time:		3:30 PM - 4:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Actually, my preference would be to have the contract released to ENA year
round.  This means Robin would have to bill CALP for the commodity and demand
during the summer.  Depending on the relationship you would like to have with
the customer, I think it is easier to bill the customer for the demand and
the commodity as opposed to reimbursing them for when we use the transport
(at least with the way things work in our systems).

---------------------- Forwarded by Chris Germany/HOU/ECT on 03/24/2000 06:15
AM ---------------------------

Joan.Veselack@enron.com on 03/23/2000 06:35:15 PM
To: pheuer@EdisonMission.Com
cc: Dick.Jenkins@enron.com, Robin.Barbe@enron.com, Chris.Germany@enron.com,
Mark.Feldman@enron.com, Victor.Lamadrid@enron.com,
Katherine.L.Kelly@enron.com, rbakke@edisonmission.com
Subject: Re: Calp Payments

Paulette,

It's not Enron's intention to have Calp fund the OPT 60 payment. Enron
would like for Calp to release the capacity in Enron's name during the
winter period, and this would send the bills directly to Enron and
eliminate funding by Calp and reimbursement of Enron to Calp. We can look
at this again next winter. I'm not sure why there was a delayed payment
once Calp gave Enron the bill a month ago. I'll ask Mark Feldman about wire
transfers.

Thanks again for your patience.

pheuer@EdisonMission.Com on 03/23/2000 05:45:18 PM

To:   Joan.Veselack@enron.com
cc:   rbakke@EdisonMission.Com, Dick.Jenkins@enron.com,
      Robin.Barbe@enron.com, Chris.Germany@enron.com,
      Mark.Feldman@enron.com, Victor.Lamadrid@enron.com,
      Katherine.L.Kelly@enron.com

Subject:  Re: Calp Payments

Joan,

The deal with CES was that the invoice would be paid upon receipt.  It was
never
CALP's intent to fund the OPT 60 payment.  As requested, I will faxed
February's
bill to Robin.  Since the January payment is so late, could you have
January and
February's payments wire transferred to CALP's account?

Thanks!

Paulette

Joan.Veselack@enron.com on 03/23/2000 06:08:57 PM

To:   Roman Bakke/EME@EME, Paulette Heuer/EME@EME
cc:   Dick.Jenkins@enron.com, Robin.Barbe@enron.com,
Chris.Germany@enron.com,
      Mark.Feldman@enron.com, Victor.Lamadrid@enron.com,
      Katherine.L.Kelly@enron.com

Subject:  Calp Payments

Roman and Paulette,

Sorry for the delay. January's check will be sent out tomorrow, Friday
March 24th. As soon as Mark Feldman (Enron payment God) receives February's
bill, he can pay this one too.

Thank you for your patience during this transition.


You might want to send these to Kim

Some brief comments:

1.b)  Term:   Finance would greatly prefer a right to extend for a period of at least 10 years to be exercised at least 2 years prior to the expiration date.   This would allow for time to find a replacement shipper before the expiration date.   In no case should we agree to an annual evergreen as this is optionality without any cost to them.
2.      Conduct of Open season/Contract Quantity Reduction:   Need to establish an "Initial Recourse Rate" prior to the open season in order for their proposed mechanism to work.  Without it there is no way to measure the "proportionate reduction" requested.

We need to get Paul Cherry working on the credit of MGI Supply ASAP.

 -----Original Message-----
From: 	Watson, Kimberly
Sent:	Wednesday, July 18, 2001 6:49 PM
To:	Harris, Steven; Huber, Lee; Fossum, Drew; Hayslett, Rod; McCarty, Danny; Kilmer III, Robert; Lokey, Teb; Martin, Jerry D.
Subject:	Trans Pecos

For your information, attached is the redlined version of the LOI from Pemex.  I have been discussing these comments with Dave Matney at Kinder Morgan.  I have also discussed these comments with Pemex and they do intend on giving us feedback on the rate we offered within the next week.  It is Pemex's intention to move forward with this LOI with an agreed upon rate (even though it currently says "To Be determined") prior to execution.  I will keep you posted as we get more information.  If you have any comments regarding any of these issues, please feel free to contact me, otherwise, please look forward to review our next draft prior to us sending it back to Pemex.

Thanks,
Kim (X33098)

 << File: TransPecosPEMEX comments 07-17-01.doc >>


Privileged and Confidential Joint Defense Communication

Please see attached e-mail from Tom Nicholas regarding his conversation with
Judge Downes' law clerk regarding a hearing on the motion to take Mr.
Wright's deposition.

Dawne M. Davis, CLA
Legal Assistant
Holland & Hart, LLP
P.O. Box 1347
Cheyenne, WY  82003
307-778-4240
307-778-8175 - fax
ddavis@hollandhart.com

NOTICE:  This message is PRIVILEGED AND CONFIDENTIAL.  It is sent under the
terms and conditions of a Joint Defense Agreement (JDA) and is directed only
to recipients who the sender believes have agreed to be bound by the JDA.  If
you do not agree to be bound by the JDA, or if you believe that this e-mail
has been sent to you in error, please reply to notify the sender that you
received the message in error, and please delete and disregard this e-mail.
Thank you.
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Reply-To: <tnicholas@hirstapplegate.com>
From: "Thomas Nicholas" <tnicholas@hirstapplegate.com>
To: <dschultz@hollandhart.com>, "Abrahamson, Laura C."
<laura_abrahamson@oxy.com>, "Alexander, Carol A."
<Carol_Alexander@anadarko.com>, "Allen, Gretchen"
<gretchen.allen@bakerbotts.com>, "Baxter, William"
<wbaxter@mcguirewoods.com>, "Beatty, Michael" <mbeatty@beattylaw.com>,
"Beatty, Robert J." <jrbeatty@lockeliddell.com>, "Boese, John T."
<john_boese@ffhsj.com>, "Boland, J. William" <wboland@mcguirewoods.com>,
"Bosco, Mary Beth" <mbbosco@pattonboggs.com>, "Brown, Dennis"
<browndc@mto.com>, "Brown, Gary" <gary.n.brown@usa.conoco.com>, "Brown, Tim"
<trbrown@ppco.com>, "Butler, George" <igwb@chevron.com>, "Cameron, Dennis"
<dcameron@gablelaw.com>, "Copeland, J. Gregory"
<greg_copeland@bakerbotts.com>, "Dailey, Joyce" <joyce_c_dailey@png.cng.com>,
"Drexler, James  A." <jdrexler@unocal.com>, "Edison, Andy"
<andrew.edison@enron.com>, "Engel, Charles" <engelt@howrey.com>, "Eslick,
Linda" <leslick@kmg.com>, "Ezarik, David" <dezarik@unocal.com>, "Fore, Gerri"
<gerri.m.fore@exxonmobil.com>, "Goresen, Tom" <tgoresen@kmg.com>, "Graham,
Michael" <mike_graham@bakerbotts.com>, "Grimaldi, Alan M."
<grimaldia@howrey.com>, "Haynes, Craig A." <haynesc@tklaw.com>, "Heydt,
Michael" <mheydt@beattylaw.com>, "Hoppe, Al" <ahoppe@nobleaff.com>,
"Hunsaker, Barry" <barry_hunsaker@eogresources.com>, "Johnson, Aimee"
<ajohnson@jenner.com>, "Jones, Michael" <mljones@marathonoil.com>, "Kelly,
Neil" <neilkelly@akllp.com>, "Kott, Reagan" <rkott@br-inc.com>, "Kraemer,
Jay" <kraemja@ffhsj.com>, "Kuehnle, Jeff" <jkuehnle@jenkens.com>, "Leek,
Isabel" <ileek@mcguirewoods.com>, "Leggette, Poe" <pleggette@fulbright.com>,
"Levin, Richard" <rlevin@akingump.com>, "Lorentzatos, Nick"
<nlorentzatos@br-inc.com>, "Matlock, Judith" <judith.matlock@dgslaw.com>,
"McCain, Steve" <semc@dynegy.com>, "McIntyre, Charles"
<cmcintyre@mcguirewoods.com>, "McPike, Richard" <richard.mcpike@fina.com>,
"Noble, William" <noblewj@bp.com>, "Oliver, Rufus W."
<rufus_oliver@bakerbotts.com>, "Phillips, Kathleen"
<ka_phillips@shellus.com>, "Pickens, Andy" <Apickens@gibbs-bruns.com>,
"Pickle, Ed" <gepickle@shell.com>, "Powell, Mike" <mpowell@lockeliddell.com>,
"Ratliff, Shannon" <sratliff@akingump.com>, "Reasoner, Barrett"
<breasoner@gibbs-bruns.com>, "Robert Salcido (E-mail)"
<rsalcido@akingump.com>, "Rothschild, George" <ghrothschild@marathonoil.com>,
"Rowe, Laura" <lrowe@hicks-thomas.com>, "Singletary, Ben"
<bsingletary@gablelaw.com>, "Smith, Jeffrey K." <smithjk@texaco.com>,
"Spillman, Fairley" <fspillman@akingump.com>, "Stahl, Craig"
<cstahl@jenkens.com>, "Stevenson, David" <stdr@chevron.com>, "Stoughton,
William" <wstoughton@jenner.com>, "Strawn, Jim" <jim.strawn@dvn.com>,
"Tetrault, Charles" <ctetrault@velaw.com>, "Tully, Martin"
<martin_tully@chicago.kirkland.com>, "Williams, Steve"
<steve_williams@eogresources.com>, "Young, Marilyn" <mayoung@kmg.com>, "Zott,
David" <david_zott@kirkland.com>
Subject: Hearing on Wright's Motion
Date: Thu, 7 Jun 2001 15:18:36 -0600
Message-ID: <21D6F6AE2030D411AAB70008C76CD2511456F6@SERVER_2>
MIME-Version: 1.0
Content-Type: text/plain; charset="Windows-1252"
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Importance: Normal
Disposition-Notification-To: "Thomas Nicholas" <tnicholas@hirstapplegate.com>

I just spoke to the Judge's law clerk and she indicated the Judge was
contemplating a very short hearing, perhaps 1/2 hr, next week or the week
thereafter regarding Wright's Motion, our response and any other pleadings
that are filed regarding Wright's Motion.  I have the impression the Judge
does not want this to blossom into a hearing which everyone feels they have
to attend.  I think the Judge simply wants to make sure everyone is on the
same page regarding this deposition and that if there are any disputes he
needs to decide that those can be resolved immediately during the hearing.

I told the law clerk I would give her a heads-up if more that 1/2 hr was
needed for the hearing.

Yours very truly,

Tom Nicholas
Hirst & Applegate, P. C.
1720 Carey Avenue
Cheyenne, Wyoming 82001
Phone (307) 632-0541
Fax (307) 632-4999
E-mail: tnicholas@hirstapplegate.com

CONFIDENTIALITY NOTICE:  This e-mail is intended only for the person or
entity to which it is addressed and may contain information that is
privileged, confidential or otherwise protected from disclosure.
Dissemination, distribution or copying of this e-mail or the information
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responsible for delivering the message to the intended recipient, is
prohibited.  If you have received this e-mail in error, please advise the
sender by e-mail at attorneys@hirstapplegate.com and delete the e-mail from
your server or computer.  Thank you.


Kate,

Please approve and auotschedule annuities.

# 442038 9/30/2000

# 584331 10/31/2000

#584337  11/30/2000

Les


In an effort to avoid loss of our executed agreements/files (master
agreements, brokerage and futures agreements, repo agreements), we are
testing out the  "library approach" and instituting a checkout procedure.
Whenever you remove one of these files from the file cabinet, please "hold
the file location" with a signed "card" (legal sized) available on top of the
master agreement file cabinet.  You will also see a large sign reminding you
to sign out for your file.  When the file is returned, just replace the
"card" with the file and delete your name from the "card".

Please be sure to check out all files currently in your office.

Thanks for your cooperation.

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


Steve Cullen
stevecullen@planetagenda.com

To Mr. Ken Lay,

I'm writing to balance the books!!  Your employees brought success to your company, but lost their profit!  Im' urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  I read about your involvement with Dr. Cheney, Prez Bush... and the whole energy/oil cartel.  This request is about the people that helped you get there!!  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Steve Cullen


Jeff and I met with Troy Blakney this morning - he has agreed to join the
selection committee. We plan to meet tomorrow with Red Duke (lunch) and Roel
Campos (breakfast). Jeff has spoken with Gerald Smith and he has also agreed
to join the committee.

In terms of an action plan:
Once we have finalized the committee members, I will schedule a meeting
(preferably before the Febr. 1 scheduled news conference) with all members to
offer them an opportunity to meet one another and discuss how we will proceed.
Next, I will begin scheduling meetings with some key people that  would
provide the committee with important insight into the key issues facing the
HFD. Jeff suggested possibly blocking out an entire day where the committee
members would speak to these individuals back to back in 1 or 2 hour time
slots.
Then, a full day will be blocked out where the committee members will
interview the approximate 10 identified candidates.
The committee will then meet (half a day?) to narrow the list of 10 down to 3.
The three final candidates will be presented to the Mayor.

Lisa


The  only agreement currently on the Global system is a GISB.  Attached is
the draft sent to Tractebel.

DP


>>We are keeping this candle burning for all the people
>>& their families who were in the planes, buildings and
>>anywhere near the explosions today. May God be with them
>>and help them through this terrible time.
>>God Bless
>>
>>
>>Keep The Candle Going
>>
>>     I asked God for water, he gave me an ocean.
>>     I asked God for a flower, he gave me a garden.
>>     I asked God for a tree, he gave me a forest.
>>     I asked God for a friend, he gave me YOU.
>>
>>     "There is not enough darkness in the world to put
>>     out the light of one candle."
>>
>>     The Candle of Love, Hope and Friendship
>>
>>                          ()
>>                          | |
>>                          | |
>>                          | |
>>                          | |
>>                          | |
>>                       -------
>>
>>     This candle was lit on the 11th of September, 2001.
>>     Someone who loves you has helped keep it alive by
>>     sending it to you.
>>
>>     Don't let The Candle Of Love, Hope and Friendship
>>     die!
>>
>>    "A candle loses nothing by lighting another candle"


Lets plan to meet Monday morning at 10:00 to discuss our approach.  Bill, we will call you.  Maria and I will not be at Mary Kay's meeting (we will be on our way to Chicago).  Bill and Dari should attend.  It is important that our group is together on this issue.  Greg

-----Original Message-----
From: Call, Josie
Sent: Fri 11/30/2001 4:33 PM
To: Hartsoe, Joe; McCarty, Danny; Harris, Steven; Neubauer, Dave; Kirk, Steve; Porter, J. Gregory; Miller, Mary Kay; Miller, Paul
Cc: Armstrong, Julie; Robertson, Audrey; Cappiello, Deborah; Bischoff, Barbara; Smith, Ann; Iske, Linda
Subject: Meeting - Recent Negotiated Rate Orders & Impact

A meeting to discuss the above mentioned topic has been scheduled for Monday, Dec. 3 from 3 - 4 pm.  I will be faxing or sending you some materials for the meeting.

Omaha folks, please meet in Room 724;  Houston and Washington, we will call you.
Any questions, please call.

Thanks,
Josie Call
Rates & Certificates
402-398-7258
Fax: 402-398-7006


Thanks for your note.  I will copy Patti on this reply and ask her to set us
up for lunch when I am back from London.  --Sally

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Congrats

Sally,
Congratulations!!  Very much deserved!
I hope everything else is going well.  Let's try to do lunch soon.
Kristin


Pioneer has requested a gty with ENA  Uptream.  Please see below.

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

----- Forwarded by Debra Perlingiere/HOU/ECT on 05/09/2001 04:14 PM -----

	mortonp@pioneernrc.com
	05/09/2001 01:02 PM

		 To: dperlin@enron.com
		 cc:
		 Subject: Parent Guarantee

 <<ENA Guaranty.doc>>

Debra,
The attached is a Parent Guaranty which we need to have completed for
Pioneer's continuance of spot sales with ENA Upstream Company, LLC. Please
have it signed by an officer of Enron Corp. and include the company
Secretary Certificate evidencing the authority of the officer signing on
behalf of Enron. Thank you for a prompt turnaround, and if you have any
questions, please email or call me at 972-969-3667.

Pat Morton
Pioneer Natural Resources USA, Inc.

 - ENA Guaranty.doc


Attached is my attempt at the clause making the counterparty liable for any
decisions that they make concerning the timber services without our
approval.   I have not been able to find the address on Lexis, so I will keep
looking.  Also, the italicized portions are the ones that you had questions
on.  I just wanted to know if Ms. Bywaters ever sent answers to those
questions to you, because I can make those changes, also.

William L. Nealy

713-345-7152


Vance,

Deals have been created and entered in Sitara as noted below.  The deal
volumes entered were those listed on the March, 2001 Nomination spreadsheet.

Bob

Vance L Taylor
02/26/2001 05:33 PM
To: Robert Cotten/HOU/ECT@ECT
cc: Julie Meyers/HOU/ECT@ECT, Lisa Hesse/HOU/ECT@ECT, Susan
Smith/HOU/ECT@ECT, Donald P Reinhardt/HOU/ECT@ECT, Melissa
Graves/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT
Subject: March "Spot" Purchases

 Bob,

HPLC will be purchasing wellhead gas from the producers listed below for the
production month of March, 2001.  This production will be purchased on a
"spot" basis and deal tickets should be created and entered into sitara based
on the following information:

Counterparty    Meter  Volume Deal #  Price

Whiting Petroleum Corp   6523  200mmbtu/d 634035  100% IF/HSC less $0.95
Coastal Merchant Energy, LP  5923  775mmbtu/d 633154  100% IF/HSC less $0.265
Coastal Merchant Energy, LP  5848  240mmbtu/d 633184     84% IF/HSC
Swift Energy    2630  21mmbtu/d 633380  100% IF/HSC less $1.45
Duke Energy Trading & Marketing 6347  200mmbtu/d 633028     85% IF/HSC
HESCO Gathering Oil Co.  6063  300mmbtu/d 421856  100% IF/HSC less $0.95
Embassy Natural Gas Inc.  6598  180mmbtu/d 643875  100% IF/HSC less $0.95
Vintage Gas Inc.   9603  100mmbtu/d 633427  100% IF/HSC less $0.95
Stone Energy    9696  4500mmbtu/d 634058  100% IF/HSC less $0.20
The Houston Exploration  9696  6500mmbtu/d 634061  100% GD         less $0.235
Amerada Hess (Hess Energy Svcs) 0435  2714mmbtu/d 631403  100% IF/HSC  less
$0.12
Anadarko Petroleum Corp.  0435  1104mmbtu/d 631437  100% IF/HSC less $0.10
Crosstex Energy Services, Ltd.  0435  654mmbtu/d 631504  100% IF/HSC less
$0.12
Tri-Union Development   0435  149mmbtu/d 631737  100% IF/HSC less $0.055
Ranger Oil Company   9871  200mmbtu/d 643862    85% IF/HSC if <300/d
    90% IF/HSC if >300/d

These are Producer Svcs. deals and should be tracked in the IM Wellhead
portfolio... attached to the gathering contract.

Thanks,

vlt
x3-6353


Mark:  Attached is a communications plan for the ESA consolidation that is
underway as a consequence of the CALME disbandment and final stage efforts to
sell assets in Brazil and elsewhere.  Jim Bannantine and his senior
management team have been meeting with the Chairman's Office on the
consolidation, which included a request for a communication plan for both
internal and external audiences.  The plan incorporates recommendations from
a meeting that Jim chaired yesterday and subsequent inputs from his
management team.  Regards, Keith


Gentlemen:

As I mentioned to Nathan, Infolink has an interest from a financier capable of providing us with up to $400M for the purchase of Enron assets.

I have a teleconference scheduled with them on Wednesday morning and need more information to provide them ASAP.

Nathan has mentioned that other parties have been in discussions to purchase Enron Broadband (in whole). I am assuming that a due-diligence package exists. What I am looking for is:

1)       A complete list of assets (fiber routes, co-location facilities, equipment).
2)       Balance Sheet and Income statement for Enron Broadband. Please breakout the income statement by month and category.
3)       Customer List along with MRRsand terms of contracts
4)       Any Continuing Financial Commitments (leases, etc.) that exist.

We already have an executed confidentiality agreement. If something else is required, please let me know ASAP.

Yours truly,

Prieur J. Leary, III/CEO
Infolink
----------------------------
Tel. +1 305 324 1616
prieur3@infolink.com
www.infolink.com


I don't know if anyone has the pressure data your looking for, but Ken would
be the man to track it down.
We took samples of our production, upstream of the Wild Horse San Arroyo
plant, but do not yet have the analysis back. Should have tomorrow.
Re the sample taken downstream of Wild Horse S.A. plant, I was told that it
met dew point spec, but we have been unable to obtain the actual written test
results. It appears that Wild Horse is withholding that information.

To: Arvel Martin/HOU/ECT@ECT
cc: Joan Quick/HOU/ECT@ECT
Subject: Pressure, Quality

Arvel,  I received your pressure data.  Unfortunately the contract pressure
is assessed against the 3 year period prior to the Effective Date of the
contract which is Oct. 19, 1993.  Any chance we would have any such data?
Ken Krisa is also checking to see if he has any such data.

Also, did we receive any quality information on Dakota production?  Thanks
for your help.


Just for clarification we did not use Sullivan & Cromwell for the Internet
primarily we hired S&C as our financial/regulatory lawyers in the US the
Internet issues were covered by Clifford Chance although obviously we were
suffering with CC and used S&C to help us out but they had no expertise in
the Internet and ecommerce.

Louise
---------------------- Forwarded by Louise Kitchen/LON/ECT on 11/10/99 17:13
---------------------------

Fiona Lavelle
11/10/99 15:22
To: Jay Fitzgerald/LON/ECT@ECT
cc: John Sherriff/LON/ECT@ECT, Mikael Nordstrom/LON/ECT@ECT, David
Grevelle/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Marcus Von Bock Und
Polach/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Louise Kitchen/LON/ECT@ECT,
Dave Samuels/LON/ECT@ECT, Amita Gosalia/LON/ECT@ECT
Subject: E-Commerce Team


Good morning Mr. Saksena:

Reservations have been made for 6:00 PM, the evening of Thursday,
March 9 at LaTour D'argent Restaurant.  The restaurant is located at 2011
Ella Blvd at T. C. Jester Blvd.  Men are required to wear a coat.

Directions to restaurant:

Coming from downtown Houston:

Take I-45 North to 610 West.
Take 610 West to Ella Blvd exit.
Go south (back under the freeway)
on Ella Blvd to 2011 Ella at T. C. Jester.

Vince will meet you at the restaurant.

If you have any questions, please call me.

Thanks.

Shirley Crenshaw
713-853-5290


I couldn't agree with you more.  Mike missed the point of our phone call this
week.  It was not to discuss the fine points of doorstep process or
etiquette!  The point was ownership of an integration process and deadlines
that were missed.  And how telling that when asked bluntly about his comfort
level with controls for US operations that Mike's response was a deferral to
Marcelo.  I have a one-hour conference call set up with Mike tomorrow.  This
is one of the things that we will discuss.  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 11/09/2000 05:56 PM
---------------------------

From:  Cassandra Schultz @ ENRON
               11/09/2000 02:50 PM

To: Sally Beck/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron
cc:
Subject: Re: Jordan's comments on Doorstep meeting

From Ted...
---------------------- Forwarded by Cassandra Schultz/NA/Enron on 11/09/2000
02:47 PM ---------------------------

From:  Ted Murphy @ ECT
      11/09/2000 05:52 AM

To: Cassandra Schultz/NA/Enron@ENRON
cc:

Subject: Re: Doorstep meeting

Cassandra,
I think Michael's issue is just one for you and Shona to worry about and try
to simultaneously come up with a way to diffuse without bastardizing the
process. .  I continue to say the we need to maintain the theme that speed
and "gut reaction" is preferable to consensus and prosecutable evidence,  I
feel so strongly about this that I would consider removing my team from
involvement if politically correct, grammatically sound and properly
researched reports that do not say anything or are stale or are full of
ambiguity are the end result (see the internal audit report on
Helsinki!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!).   I think the solution is make it clear that these reports are not to
be used for prosecution but frank discussion.
I am right about this.
Please forward this to Shona/Sally/Mike or anyone else at your discretion
(this is a compromise between Evil Ted and Zen Ted)

Ted


The following files contain a graphical view of the average deal count per
month by Commodity for EOL and OTC transactions since the launch of
EnronOnline. This information is for comparitive analysis only.  Do not
update links when opening these files.

AVERAGE DEAL COUNTS FOR COMMODITIES (excluding Global Liquids, which displays
monthly totals)

NA GAS BREAKOUT BY REGION (Non-Averaged, including Volume and Notional Value)

If you have any questions regarding this breakout, please contact one of the
following:

Torrey Moorer x3-6218
Matt Motsinger x3-5221
Pete Berzins x5-7594

Matt
EnronOnline


pcappers@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving hour beginning 900 in the 26 November 2000 Real-Time
market as well as the following hours per ECA20001006B to verify prices:
PJM: 000 - 1000, 2100 - 2300
HQ: 700, 900
OH: 700, 900
NE: 700, 900.
Prices in the 27 November 2000 Day-Ahead market are correct.


John:

I spoke with Tim yesterday evening regarding your feedback to the
compensation proposal I sent last week. Before our conversation this morning
I wanted to give you a chance to review some of thoughts I have which might
help keep our discussion more focused.

First, I think we've both been at Enron about the same amount of time and
probably share similar experiences about contracts and compensation at Enron.
In general, my experience is that there has never been any open information
by management about any overall compensation structures, equity plans,
compatability between ENA groups or other Enron companies. Just as we all
have to create our own path at Enron we generally must do our own research
and draw our own conclusions about compensation within and outside Enron. In
several cases we have lost people we are trying to contract as a result of
the contracting process! In my opionion, this is mostly because of the lack
of communication of any "overall compensation plan" which drives people to
the market to make an evaluation which they otherwise may not be inclined to
do if information were available. Among the many ENA managers I have worked
with none has ever explained any such "plan". Tim has indicated that there is
some sort of overall compensation structure plan that you and Dave Delainey
are trying to adhere to. I would appreciate some discussion about this as it
may relieve some of the concerns we all end up having about signing a
contract without being 100% satisfied with the minimum amounts in the
contract (primarily because we've experienced the verbal commitment which is
forgotten or lost in the latest management shuffle).

Second, Tim indicated some concern about locking in certain minimum overall
compensation levels and that "if a person were to have a bad year there may
be no room for bonus". I think this is a real concern particularly when we
consider a new trader from outside the company. In my case, while I currently
don't have a specific book that gets marked each day, I think there is a
clear record over the past seven years of significant value to ENA's west
power business. This value comes in several forms: value above the
offer/below the bid, market information driving both short and long-term
value into our books, developing new markets and products for ENA, extending
my market knowledge and deal structuring capabilities on a continuous basis
each day to other origination/strucuturing/mid-market/real time groups,
building a no-risk/high value Services business, and providing leadership to
employees about their role at Enron or Enron's role in the market. All of
these efforts are focused on adding mark-to-market value to ENA in more ways
than any single, specific book can measure. I am certain that I will continue
to add value in these ways and have little concern about this "bad year"
scenario.

Finally, I am trying to make sense of the proposed compensation that Tim has
relayed to me. If I understand it correctly my cash compensation pay would
change from $206k ($130 base /$56 COLA /$50 retention) over the past three
years as a Director to a base pay of $170k as a Vice President with higher
expections and increasing responsibilities. The equity plan that is currently
available to Vice Presidents and above would be locked in at values of
$175/$125. This one is a little hard for me to evaluate as it is new in its
current form (I have been a participant in prior years of similar equity
plans which have ranged in initial from $10k-$50k as a Director). Bonus would
be determined annually, I assume under similar process as past years. The
trouble I am having is evaluating a significant decrease in cash compensation
after being promoted and locking in a known (versus unknown) value in an
equity plan for which I presumably am already a participant in and for which
there is little other plan information available to evaluate.  I would
appreciate your thoughts on this in relation to any overall compensation
"plan".

I'll look forward to our discussion.

Greg


EnronOnline passes one million transactions.  Woohoo!

Also in this issue:
Enron.com -- it's fabulously new and improved!
How Enron likes Bush's new energy policy
California update
What's going on in the French wholesale market?
Learn about caps -- not the ones you wear, of course.
What do Frank Gehry and Enron have in common?
Jeff leads in a dangerous time

It's all in the latest eBiz.  Go to home.enron.com, click Publications, then
click eBiz, and "eBiz May 25, 2001."


OK, guys, based on Adnan's information from the counterparty, all contracts
under Northern Illinois Gas Company will be changed (via name overlay) to
Nicor Gas Company once Adnan has received the proper name change
documentation.   Since no changes have been made in GCP to correct the HQ
company and trade name relationships, the recent ISDA contract was set up
under Nicor Gas Company.  Once these changes are made in GCP, the contract
can be changed to the trade name if still needed at that time.

I apologize for all the confusion and hope this helps all parties concerned.

Thanks,
Stacey

Adnan Patel@ENRON on 08/17/2000 04:20:24 PM
To: Tana Jones/HOU/ECT@ECT
cc: Stacy E Dickson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Frank L
Davis/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT,
Stacey Richardson/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Linda S
Bryan/HOU/ECT@ECT, Bridgette Anderson/Corp/Enron@ENRON, Susan
Bailey/HOU/ECT@ECT
Subject: Re: Northern Illinois Gas Company/Nicor Gas Company

Per my conversation with Nicor Gas Company's attorney, Northern Illinois Gas
Company changed its name to Nicor Gas Company. Therefore, Nicor Gas Company
is the only entity that all the deals needs to be booked under. However, the
attorney also agreed to the fact that they do use the name "Northern Illinois
Gas Company d/b/a Nicor Gas Company" eversince the name change happened. He
said they had been using both names "contractually" and interchangeably even
though it is all just ONE company, one state registered company.

I'm currently waiting on name change documents, however this is what it looks
like thats going to happen:
The main HQ company would end up being NICOR GAS COMPANY with all the
trades/contracts/deals being merged into one record. However, if need be we
could have a Tradename set up as "Northern Illinois Gas Company d/b/a Nicor
Gas Company" since this is how the company does business as, in some cases.

Nicor's legal Dept could be reached at (630) 983-8676 for any further
clarifications in this matter.

Adnan Patel
Global Counterparty
x58335

From: Tana Jones@ECT on 08/17/2000 03:47 PM
To: Stacy E Dickson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT
cc: Frank L Davis/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Adnan
Patel/Corp/Enron@ENRON
Subject: Northern Illinois Gas Company/Nicor Gas Company

There appears to be confusion over who and what products we should be trading
with these entities.

We have an ISDA Master Agreement in place with Northern Illinois Gas Company
d/b/a Nicor Gas Company.  This is a new master.  If the counterparty is not
set up this way it need to be.

Physical gas has a master in place with Northern Illinois Gas Company.

There is no master agreement in place with Nicor Gas Company and the only
trading being done with this entity is online gas trading.

The issue that needs to be resolved is whether we want to trade gas under
both Northern Illinois Gas Company and Nicor Gas Company.  Frank Davis will
resolve this issue with Tom Moran in Credit and Stacy Dickson with physical
gas Legal, and they will let us know who we should be trading with.

When we hear back from them we can finally resolve what counterparty names we
want to set up and get back to the counterparty if we have not received the
correct Password Application to match out intended trading partners.

Sorry for all the confusion this is causing.  I am confused too.


I bid $5 for Eddie Kennison.


If your do not see our email in 15 seconds, please go to http://www.enerfax.com to today's gas & power prices & news.
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We have reached $100 Billion. Please come to Jay's office at 3:30 to receive
a small gift.

If you work with the Valtech (Mike's group) or Luminant people (Chris'
group), please ensure they know that they are invited.

Thanks,

Dave


I apologize for having to run out this morning.  I am still on the call.  Do
you have plans for lunch?


We're on for Thursday.  Thanks.  sara

 -----Original Message-----
From: 	Aven, Lynn
Sent:	Tuesday, October 30, 2001 12:56 PM
To:	Shackleton, Sara
Subject:	RE: lunch

Thursday is ok with me.

Lynn

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, October 30, 2001 12:43 PM
To:	Aven, Lynn
Subject:	lunch

Lynn:  Sorry, but I had no idea that half of my entire face would be deadened from this dental experience!  How's tomorrow or Thursday?  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Notice No. 00-322
September 11, 2000

TO:
ALL NYMEX MEMBERS
ALL NYMEX MEMBER FIRMS
ALL NYMEX CLEARING MEMBERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: Introduction of the Mid-Columbia Electricity Futures Contract.

The New York Mercantile Exchange will begin trading the Mid-Columbia
Electricity Futures contract at 4 PM on September 14, which marks the start
of the September 15 electronic trading session on NYMEX ACCESS.

This contract will be traded electronically along with the other Exchange
electricity contracts on the system, with the session beginning at 7 PM on
Sundays and 4 PM on Mondays through Thursdays and ending at 2:30 PM Mondays
through Fridays.

Other than delivery location, the contract will reflect the terms of the
Exchange,s California/Oregon border and Palo Verde electricity futures
contracts including a unit size of 432 megawatt hours (Mwh) of firm
electricity, delivered at a rate of one megawatt per hour, with the size of
the actual delivery varying according to the number of on-peak days during
the delivery month.  The first contract month will be November.  (Initial
Margins for Mid-Columbia are listed in Notice to Members No. 00-316 attached.)

The Exchange will list 11 months beginning with November 2000 through
September 2001.

The Mid-Columbia Electricity Futures contract will use KM as the outright
commodity code and SE for the strip code.

Physical delivery may take place at any of the switchyards associated with
the following four hydro-projects:  Rocky Reach, Rock Island, Wanapum and
Priest Rapids.  These switchyards include:  Rocky Reach, Rock Island,
Wanapum, McKenzie, Valhalla, Columbia, Midway and Vantage.

The contract terms and conditions match those of the Exchange,s Western
contracts at Palo Verde and the California Oregon Border.

Delivery Period:
16 on-peak hours: hour ending 0700 (6 AM)
Pacific time to hour ending 2200 (10 PM)
Pacific time on each business day of the delivery month.

Termination of  Trading:
Trading in the delivery month shall cease on the fourth Business day prior to
the first day of the delivery month.

Prices and Fluctuations
Prices shall be quoted in dollars and cents per Mwh.
The minimum price fluctuation will be $.01 per Mwh.
There is no maximum daily price fluctuation.

For questions concerning this Notice please contact Brad Leach, Research
Department (212) 299-2609 or Elizabeth Kuhlenkamp, Research Department (212)
299-2597.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(00-322)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


I'll schedule the meeting after we get data from Kathy Schultea and we know it's in a workable format for Dick Jeanerret. Kathy said data would get to us today.

 -----Original Message-----
From: 	Cash, Michelle
Sent:	Monday, October 22, 2001 12:13 PM
To:	Schultea, Kathryn; Yowman, Andrea; Goode, Diane
Subject:	RE: Mid-Year PRC Data
Sensitivity:	Confidential

Thanks, Kathy!

Diane, would you please ask Dick to make sure that he can work with the files.  Once he has done that, let's set up a meeting with him, Jeff Donahue, Andrea, you, and me to discuss approach.  Kathy, do you think you need to attend? Dick can be in person or on the phone, although an in-person meeting may be preferable.

Thanks!

Michelle

 -----Original Message-----
From: 	Schultea, Kathryn
Sent:	Monday, October 22, 2001 10:45 AM
To:	Yowman, Andrea; Goode, Diane
Cc:	Cash, Michelle
Subject:	RE: Mid-Year PRC Data
Sensitivity:	Confidential

I'll be providing you these files today.

 -----Original Message-----
From: 	Yowman, Andrea
Sent:	Monday, October 22, 2001 9:35 AM
To:	Goode, Diane
Cc:	Cash, Michelle; Schultea, Kathryn
Subject:	RE: Mid-Year PRC Data
Sensitivity:	Confidential

Hi Diane,
The attached files are Business Objects reports and should be converted to excel by Kathy Schultea.  Kathy should be adding the HR employees and then the files should go directly with Jeanneret.  No need to copy me on the files, due to confidentiality of HR data.  You can just let me know the files went.  Thanks.
ay

 -----Original Message-----
From: 	Goode, Diane
Sent:	Monday, October 22, 2001 9:30 AM
To:	'Dick@jeanneret.com'
Cc:	Cash, Michelle; Yowman, Andrea
Subject:	Mid-Year PRC Data
Importance:	High
Sensitivity:	Confidential

 << File: Diversity - Mid Year 2001 Download for calculating Standard deviation.rep >>                      << File: Diversity - Mid Year 2001 Download for calculating Standard deviation (expats).rep >>

Mr. Jeanneret:

I am forwarding these file at Michelle Cash's request.  After you have received and opened these files, please call Michelle Cash to discuss the types of analyses we would like to have performed on the data.

Michelle Cash's direct number is 713-853-6401.  If you have any problems with the attachments, please contact me at the number below.

Diane Goode
Senior Specialist
Enron North America
1400 Smith Street, EB3833
Houston, TX  77002-7361
(713) 345-7103
(713) 646-3490 (fax)
Diane.Goode@Enron.com

Privileged and Confidential.  Prepared in Anticipation of Litigation.


Bob says this deal is on SP-15. Let me know if Amerex still disputes.

Thanks,
Kate

Evelyn Metoyer@ENRON
12/06/2000 03:02 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 12-6-00 checkout con't

Bob Badeer
deal 475411
Amerex shows location as NP-15 we show SP-15


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Brian said the deal was done with Chris to use Enron's IPP. This has been
scheduled.

TCO cannot attached Enron's FSS (storage) to Orwell and Lakesides GTS
contracts. TCO could do an inground storage transfer between Enron and these
accounts, however storage withdrawal and injection fees would be charged.

Per my other e-mail... we are on target in getting the total gas withdrawn
from storage for  March. There is no need to do outside deals to get
additional storage gas out of the ground. If you do outside deals, this just
changes the amount of storage that goes to Choice.

Thanks.

bperron@columbiaenergygroup.com on 03/14/2000 10:58:19 AM
To: " - *Tippett, Lee" <ltippet@columbiaenergygroup.com>
cc: " - *joan_veselack@enron.com" <joan_veselack@enron.com>

Subject: Re: Orwell & Lakeside

We are using #51407.

Lee Tippett
03/14/2000 11:55 AM

To: joan_veselack@enron.com
cc: Brian Perrone/CES/ColumbiaGas@ColumbiaGas
Subject: Orwell & Lakeside

Please nominate the following volumes baseload for the rest of March starting
on March 15, 2000:

Using Orwell's contract #37962 please nominate 850/day from the pool you and
Brian Perrone agree upon.

Using Lakeside's contract #37979 please nominate300/day from the pool you and
Brian Perrone agree upon.

Please forward to JoAnne Collins if you would, I don't have her e address.
THANK YOU VERY MUCH.


If that is the best we can do, so be it.

	Tana Jones@ECT
	05/08/2001 06:03 PM

		 To: Marcus Nettelton/NA/Enron@ENRON
		 cc:
		 Subject: Re: EOL approvals, 05-02-01 _ GCP Response - Attn. Global SAP

We have another problem with that 90 character thing...
----- Forwarded by Tana Jones/HOU/ECT on 05/08/2001 06:02 PM -----

	Cheryl Johnson@ENRON
	05/08/2001 05:38 PM

		 To: Samuel Schott/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT, Stephanie Sever/Enron@EnronXGate@ECT, Marilyn
Colbert/HOU/ECT@ECT, Lisa Lees/Enron@EnronXGate@ECT, Tom
Moran/Enron@EnronXGate@ECT, Marcus Nettelton/NA/Enron@ENRON@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect
		 Subject: Re: EOL approvals, 05-02-01 _ GCP Response - Attn. Global SAP

I've added all the remaining characters that the system willl allow, "Board
of Port Commi".

	Samuel Schott @ ECT
	05/08/2001 05:24 PM

To: Tana Jones/HOU/ECT@ECT, Cheryl Johnson/Corp/Enron@Enron
cc: Stephanie Sever/Enron@EnronXGate, Marilyn Colbert/HOU/ECT@ECT, Lisa
Lees/Enron@EnronXGate, Tom Moran/Enron@EnronXGate, Marcus
Nettelton/NA/Enron@ENRON

Subject: Re: EOL approvals, 05-02-01 _ GCP Response - Attn. Global SAP

Hello Tana,

The Global SAP team (Cheryl Johnson) handles any Counterparty Name changes
upon receipt of support documentation from the Counterparty.
Please forward any such documentation to Cheryl Johnson.

Thanks,

Best Rgds.

Samuel x3-9890 (GCP Team)
Enron Net Works _ Global Data Management

From: Tana Jones on 05/08/2001 05:08 PM
To: Samuel Schott/HOU/ECT@ECT
cc: Marilyn Colbert/HOU/ECT@ECT, Stephanie Sever/Enron@EnronXGate, Lisa
Lees/Enron@EnronXGate, Tom Moran/Enron@EnronXGate, Marcus
Nettelton/NA/Enron@ENRON
Subject: Re: EOL approvals, 05-02-01 _ GCP Response

Pursuant to the documentation the counterparty provided when they entered
into the power EEI, and at the direction of Marcus Nettelton, a lawyer in the
power group, the counterparty name for the Port of Oakland should set up in
GCP as follows:

The City of Oakland, a municipal corporation acting by and through its Board
of Port Commissioners

GCP, if you could please redo the counterparty name, and Stephanie, if you
could please resubmit the PA to match the counterparty name, then we can get
this one done...

	Samuel Schott
	05/03/2001 09:24 AM

		 To: Walter Guidroz/ENRON@enronXgate @ ENRON, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant
Reves/ENRON@enronXgate@ENRON, Debbie R Brackett/ENRON@enronXgate@ENRON, David
Hardy/LON/ECT@ECT, Lesli Campbell/ENRON@enronXgate@ENRON, Cynthia
Clark/ENRON@enronXgate@ENRON, Enron Europe Global CounterParty/LON/ECT@ECT,
Stephanie Sever/ENRON@enronXgate@ENRON, Tom Moran/ENRON@enronXgate@ENRON,
Claudia Clark/ENRON@enronXgate@ENRON, William S
Bradford/ENRON@enronXgate@ENRON, Lisa Lees/ENRON@enronXgate@ENRON, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/ENRON@enronXgate@ENRON, Tanya Rohauer/ENRON@enronXgate@ENRON,
Kelly Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications@ENRON, EOL Call Center, Bill D Hare/HOU/ECT@ect, Amy
Heffernan/Enron Communications@Enron Communications@ENRON, Molly LaFuze/Enron
Communications@Enron Communications@ENRON, Danny Clark/Enron
Communications@Enron Communications@ENRON, Stephanie Panus/NA/Enron@Enron,
Teresa Mandola/ENRON@enronXgate@ENRON, Bill Kyle/ENRON@enronXgate@ENRON,
Amber Ebow/HOU/ECT@ECT
		 cc:
		 Subject: Re: EOL approvals, 05-02-01 _ GCP Response

Any GCP adjustments will be highlighted in blue.

Best Rgds.

Samuel x3-9890 (GCP Team)
Enron Net Works _ Global Data Management

From: Walter Guidroz/ENRON@enronXgate on 05/02/2001 04:40 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/ENRON@enronXgate, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global CounterParty/LON/ECT@ECT, Stephanie Sever/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Claudia Clark/ENRON@enronXgate, William S
Bradford/ENRON@enronXgate, Lisa Lees/ENRON@enronXgate, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/ENRON@enronXgate, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ECT, Bill D Hare/HOU/ECT@ect, Amy
Heffernan/Enron Communications@Enron Communications, Molly LaFuze/Enron
Communications@Enron Communications, Danny Clark/Enron Communications@Enron
Communications, Stephanie Panus/NA/Enron@Enron, Teresa
Mandola/ENRON@enronXgate, Bill Kyle/ENRON@enronXgate, Amber Ebow/HOU/ECT@ECT
cc:
Subject: EOL approvals, 05-02-01

Please see attached.


Dear Jeff,

I left a message on your machine, but I just wanted to say again how much
your gift to The Temple means to me, personally. As the current President,
one of my big agendas is youth and camping and you have certainly given that
a major shot in the arm. We have a fabulous new Youth and Camp Committee
Chair in Chris Brice and I do hope that we can all get together when you are
here next week. Chris and I met for over an hour just last week to discuss a
plan of action to get more kids involved. I thought perhaps from your
history of youth group involvement you might be interested in reading my
first bulletin article, so I will copy and paste it to the bottom of this
email. My son was just elected Programming Vice President of our Youth Group
and he will go on the NFTY Exodus trip to Israel next summer. All 3 of my
boys are involved in UAHC camps. I believe that that is the single most
important thing you can do to instill a love of Judaism in kids today. Well,
don't get me started. You see, you have really hit my button on this.

Thank you for your kindness and your vision. May this New Year bring you all
things good..............

Warm personal regards,
Julie Benson
3900 Woodstone Ridge Way
Louisville, Ky. 40241
502-228-4106
Why do I want to be President?

It is indeed an honor and a pleasure to have become the 16th President of
Congregation Adath Israel Brith Sholom. Having already spent 6 years on the
Operating Committee, I've been preparing for a long time. It's very
interesting to me that as soon as it became apparent that I was in line for
this position, the same question kept coming up from many members, including
some of my closest friends. " Why do you want to be President of The
Temple?" was asked of me over and over again, especially during this last
year. It was always asked with kindness, but extreme curiosity, so I thought
that I would take the opportunity of my first bulletin article to give the
entire congregation my answer.

I grew up in New Orleans at Touro Synagogue and at 15 years old became very
involved in my Temple Youth Group (TYG). I was an active member of SoFTY
(Southern Federation of Temple Youth) and spent 2 summers at Kutz Camp
Institute ( the national Reform high school camp) in Warwick, New York. I
taught our Sunday School music and Israeli dance program and just generally
embraced the Reform Movement. I spent 5 summers on the staff of the Henry S.
Jacobs Camp Institute in Utica, Mississippi. (Sister camp to the Myron S.
Goldman Union Camp) Through all of this time, I made life long friends and
contacts that are now leaders in their Reform Congregations around this
country, as well as UAHC staff members. Growing up active in the Reform
Movement, embracing it as a teenager, with my parents' support, has modeled
my religious life and I guess that there was no other choice for me, but to
do this.

There are still other reasons for my taking on this responsibility. I've
heard so many times over this past year, "But what about your family? You'll
be so busy!" It all comes down to the old saying, "If not now, when?" and I
have to add, "If  not me, who?" If I, Julie Benson, don't take the
responsibility to help in a leadership capacity of my Temple, then who else
shall I count on? Can I ask others to do a job that I am not willing to do
myself?

My children are another reason why I do this. Perhaps, from my example, they
will someday feel a sense of obligation to their Jewish community. I would
like to think that one day my grandchildren will look upon my picture
hanging on the wall of The Temple and appreciate the position that I took to
keep their Temple thriving. It's a small, but important job in the scheme of
our Jewish world, and I feel very good knowing that I will do my part, to
the best of my ability and encourage others to do so as well.

The rewards are great. It's the least that I can do and I look forward to
much volunteer involvement over the next two years.

I now ask all of you to get involved on a committee here at Temple. The list
is in this bulletin. Call the chair of a committee that interests you and
say, "Count me in!" You'll soon see that rolling up your sleeves feels
really good. Together, as a community, we can accomplish great things. As a
congregation supporting each other, we will thrive. Let us share our
heritage in every way possible.  Through our combined efforts we will make
The Temple stronger  and in the process, I promise that we will also have
great fun! Thank you for your confidence and for allowing me this
opportunity to serve you, my Temple family.........

B'shalom,

Julie


Per conversations with Terra Industries, in order to better manage the
relationship exposure we would like to assign the existing Financial
Transactions with Terra Capital, Inc. to Terra International, Inc.

Please prepare assignment documents to facilitate this.

Please see below for the existing transactions and TAGG #'s that will be
assigned.

Thank you,

Russell


K, here is a list of the dates that i would like to get scheduled as vacation
if possible.

Nov. 6,7,9,10,20,21,22 and Dec. 8,11,12,22

Thanks!


_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp

 - 10-11 1400 Report.xls


Bill,
I just wanted to let you know that it's going to take a couple weeks (I think) until I receive access to the timekeeping system.  Apparently after requesting access, ISC sends back a ticket number and an FYI (below).
As soon as I receive access I will go back for your group and enter their time, and from then on keep track of the groups time for each month.

Thanks, Jill

 -----Original Message-----
From: 	Couret Stegall/NA/Enron@ENRON [mailto:IMCEANOTES-Couret+20Stegall_NA_Enron+40ENRON@ENRON.com]  On Behalf Of ISC Hotline,
Sent:	Monday, July 23, 2001 3:58 PM
To:	Chatterton, Jill
Subject:	Re: timekeeping access

Your ticket number is 525114. FYI- security requests are averaging 14 business days.

Thanks,
Courie

From:	Jill Chatterton/ENRON@enronXgate on 07/23/2001 05:54 PM
To:	ISC Hotline/Corp/Enron@Enron
cc:

Subject:	timekeeping access


Mr. Keeley's office has indicated a desire to move a QF bill modifying
Section 390 early next week, with a goal of passing out a bill from the
legislature by Wed.  Accordingly, QF interested parties should be prepared
to mobilize beginning Monday for legislative outreach.  Nothing of
legislative substance is expected to occur in the legislature over the
weekend as they have all gone home.

Presently, we do not know the extent to which the IEP, CCC, PG&E joint
proposal will be the template for Mr. Keeley's bill.  We do know that Mr.
Keeley's office believes (1) passing a QF bill which results in providing
headroom to the utilities is critical to the success of AB 1-X, and (2)
there is a high likelihood that one or more of the utilities will not be
able to "solve" (I am borrowing a Lars term) the QF generation portfolio
within the 7.8 cent/kWh average "box" sought by the legislative leadership.

We will continue our "prescheduled" IEP conference calls for 5:00 p.m. (PST)
beginning Monday, 5.  Carol will circulate the call-in number.


Start Date: 1/1/02; HourAhead hour: 8;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010108.txt
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.
!!!General SQL error.
Couldn't update; currently locked.
Table
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.
!!!A user transaction is already in progress.

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstSW
  MKT_TYPE: 2
  TRANS_DATE: 1/1/02
  TIE_POINT: PVERDE_5_NG-PLV
  INTERCHG_ID: EPMI_CISO_SW
  ENGY_TYPE: FIRM
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstSW
  MKT_TYPE: 2
  TRANS_DATE: 1/1/02
  TIE_POINT: MEAD_2_WALC
  INTERCHG_ID: ENRJ_CISO_8001
  ENGY_TYPE: FIRM

---- Load Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  LOAD_ID: SDG1
  MKT_TYPE: 2
  TRANS_DATE: 1/1/02
  SC_ID: ENRJ


---------------------- Forwarded by Susan M Scott/HOU/ECT on 09/14/2000 04:18
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Lexi Elliott @ ENRON                           09/12/2000 01:05 PM

To: Stan Dowell/HOU/EES@EES, Elizabeth Atkinson/Corp/Enron@ENRON, Sally
Beck/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Edward Coats/Corp/Enron@ENRON,
Steven J Kean/NA/Enron@Enron, Ethan Schultz/Enron Communications@Enron
Communications, Alejandro Hernandez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Richard Causey/Corp/Enron@ENRON, Harold G Buchanan/HOU/EES@EES, Rogers
Herndon/HOU/ECT@ect, David Shields/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter
N Anderson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob G Gay/NA/Enron@Enron, Tom
Swank/HOU/ECT@ECT, Mike Layne/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marshall
Eubank/HOU/ECT@ECT, Gary Maestas/OTS/Enron@ENRON, Jim
Davoli/Corp/Enron@ENRON, Deirdre McCaffrey/HOU/ECT@ECT, TJ Rylander/Enron
Communications@Enron Communications, Priya Jaisinghani/Enron
Communications@Enron Communications, Jonathan Roumel/Enron
Communications@Enron Communications, Todd Van Roten/HOU/ECT@ECT, Matthew
Arnold/HOU/ECT@ECT, Elizabeth Tilney/HOU/EES@EES, Chuck Randall/HOU/EES@EES,
Brad Alford/ECP/HOU/ECT@ECT, John Henderson/HOU/EES@EES, Mark
Courtney/HOU/ECT@ECT, Derryl Cleaveland/NA/Enron@ENRON, Larry
Abbott/OTS/Enron@ENRON, Mo Bawa/Enron Communications@Enron Communications,
Chris Loehr/HOU/ECT@ECT, James Pyke/AP/Enron@Enron, Ken Tate/Enron
Communications@Enron Communications, John King/HOU/ECT@ECT, Hans Oliver
Pereira/HOU/EES@EES, James Scribner/Corp/Enron@Enron, Tamara
Hopkins/ET&S/Enron@ENRON, Patrick Wade/HOU/ECT@ECT, Patrick
Cunningham/HOU/EES@EES, Mark McConnell/Enron Communications@Enron
Communications, Ronnie Shields/HOU/EES@EES, Eric Moon/HOU/ECT@ECT, Stephen
Plauche/Corp/Enron@Enron, Angie Zeman/Corp/Enron@ENRON, Justin
O'Malley/HOU/EES@EES, Jody Crook/Corp/Enron@ENRON, Patrick Maloy/HOU/ECT@ECT,
Rafael Avila/HOU/EES@EES, Nate Blackburn/NA/Enron@Enron, Mark E
Lindsey/GPGFIN/Enron@ENRON, Craig Breslau/HOU/ECT@ECT, Cedric
Burgher/Corp/Enron@ENRON, Rick L Carson/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Lisa B Cousino/HOU/ECT@ECT,
Marshall Eubank/HOU/ECT@ECT, Mary Lynne Ruffer/HOU/ECT@ECT, Mark
Confer/HOU/ECT@ECT, Lanette Earnest/Corp/Enron@ENRON, Jim
Cole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Christopher
Coffman/Corp/Enron@Enron, David Yang/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Leon Branom/Corp/Enron@ENRON, Zeina El-Azzi/Corp/Enron@ENRON, Christine
Milliner/Houston/Eott@Eott, Susan M Scott/HOU/ECT@ECT, Millie
Gautam/HOU/EES@EES
cc: Donna Hutton/Corp/Enron@Enron, Cathy Phillips/HOU/ECT@ECT, Maureen
McVicker/NA/Enron@Enron, Sharron Westbrook/Corp/Enron@ENRON, Beverly
Aden/HOU/EES@EES
Subject: Enron Presentation

Dear Recruiting Team Members:

I am forwarding a copy of the Enron presentation to each of you for review.
Some of you will be asked to do presentations, many will not.  I just wanted
to send it out to various team members in order to give you an idea of our
marketing strategy and information on campus.  This is simply for your
information.  When this presentation is given, it will include  dates
tailored specifically for each campus based on the dates I have set up
through career services.

Have a great day!

Lexi Elliott
3-4585


You have received this email because the requester specified you as their
Manager. Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000014511&Page=
Approval to review and act upon this request.

Request ID          : 000000000014511
Request Create Date : 1/19/01 10:21:25 AM
Requested For       : amelia.cavazos@enron.com
Resource Name       : EOL US Backoffice  Reports
Resource Type       : Applications


I went to this party with my friend Brad Fagan - we ended up at this loud bar and ran into P. - It wasn't much fun.
 -----Original Message-----
From: 	Olinger, Kimberly S.
Sent:	Monday, November 26, 2001 8:08 AM
To:	Ward, Kim S (Houston)
Subject:	RE:

me too! we need to do something about that?  who did you go with on saturday and where did you go drinking?

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Monday, November 26, 2001 8:06 AM
To:	Olinger, Kimberly S.
Subject:	RE:

came back from dallas friday - just went to houstons with a friend.  Saturday, worked on the house and ran some errands.  Went out saturday night and drank too much - just hung out yesterday.  Nothing at all exciting!  I am very boring these days!

 -----Original Message-----
From: 	Olinger, Kimberly S.
Sent:	Monday, November 26, 2001 8:04 AM
To:	Ward, Kim S (Houston)
Subject:	RE:

excellent!
My turkey day was nice - saw my niece that i haven't seen in 10 years - had about 18 people at my parents, so it was a mad house!

Didn't do alot, did some shopping, set up my new computer, went to dinner, cleaned the house....how about you?

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Monday, November 26, 2001 7:57 AM
To:	Olinger, Kimberly S.
Subject:	RE:

I found it!  It was in a box in my garage.  Thanksgiving was just ok - have had better.  how was yours and what did you do this weekend?

 -----Original Message-----
From: 	Olinger, Kimberly S.
Sent:	Monday, November 26, 2001 7:50 AM
To:	Ward, Kim S (Houston)
Subject:

just wanted to remind you to start looking for your c-card now!  don't know if you want to scuba or not, but nice to
have options.

Hope you had a nice thanksgiving - we need to go for drinks soon!

Kim


Mary, I won't be able to call her until next week because I'm going to be
out/tied up the rest of this week.  I am fine if you want to call her.  My
only caution would be that you give her data only about our structure -- not
why we set it up the way we did or anything else that would be privileged and
confidential.  The structure itself would not be privileged -- only our
strategies and basis for setting it up that way would be.  If you don't mind
a delay in the return call, I'll do it next week.  Just let me know.
Thanks.  Michelle

Mary Joyce@ENRON
09/25/2000 08:45 PM
To: Michelle Cash/HOU/ECT@ECT
cc:
Subject: Phone Message from Linda Rorr

Is it more appropriate for you to call?

Thanks!

Mary
---------------------- Forwarded by Mary Joyce/HR/Corp/Enron on 09/25/2000
08:32 PM ---------------------------
From: Kelly Johnson on 09/20/2000 11:35 AM
To: Mary Joyce/HR/Corp/Enron@ENRON
cc: Teresa Wright/HR/Corp/Enron@ENRON

While You Were Out
Contact:
of:
Phone:
FAX:
Linda Rorr
Proctor Gamble
513-983-8697
513-983-2611

Message:
Mary, the above called Peggy Menchaca (who passed the message to me.) They
are in the process of doing a benchmarking study on non-compete clauses.
Could you help them out?


Start Date: 12/23/01; HourAhead hour: 10;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001122310.txt


Notice # 01-162
May 11, 2001

TO:
All NYMEX Division Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Reminder and Clarification on NYMEX Division Post-Close Trading Sessions

DATE:  May 11, 2001
===========================================================
Reminder
Changes will be going into effect today, Friday, May 11, 2001 for the End of
Week post-close trading sessions and also, beginning on Monday, May 14, 2001,
for the Monday-Thursday post-close trading sessions. The trading range for
all of these sessions will be expanded by adding the following ticks above
(below) the daily high (low) for the applicable contract month (provided that
this expanded trading range does not violate the maximum permissible price
fluctuation limits then in effect):
Crude Oil  20 ticks
Heating Oil   50 ticks
Unleaded Gas   50 ticks
Natural Gas  50 ticks

 Clarification
Previously, the trading range for the Monday-Thursday sessions was the
closing range for the applicable contract month. Exchange staff interpreted
the rule to provide that if a contract month did not trade during the close,
there would be no closing range and thus it would not be permissible to trade
that contract month during the post-close.  Now, as noted above, the
post-close session trading range on any day of the week will be an expanded
version of the daily range. Therefore, the Exchange is issuing the following
clarifications as to the contract months that can be traded during a
post-close session (on any day of the week):

1. Only the first twelve listed contract months are eligible for trading in
the post-close.

2. If a particular contract month does not trade during the RTH session, it
may not be traded during the post-close.

3. It is not necessary for a contract month to trade during the close in
order to be traded in the post-close as long as it has traded during the RTH
session.

If you have any questions concerning these changes, please contact George
Henderson, Vice President, NYMEX Floor Department, at (212) 299-2071; Rob
Stasi, Manager of Trading Floor Systems, NYMEX Floor Department, at (212)
299-2067, or Brian Regan, Senior Associate General Counsel, at (212) 299-2207.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(01-162)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Hi Gloria,

Could you please print these for me?  Thanks,  Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 08/28/2000 04:11
PM ---------------------------

"David Parr" <dparr@bracepatt.com> on 08/28/2000 01:12:54 PM
To: <heather.kroll@enron.com>, <kay.mann@enron.com>, <ozzie.pagan@enron.com>
cc: "Nancy Wodka" <nwodka@bracepatt.com>

Subject: Enron/VEPCO

Attached please find the latest version o fthe VEPCO agreement.  I have also
attached a version that has been processed through CompareRite against Kay's
August 15th version.

Feel free to call Nancy with questions and comments on 202-828-5862.

D. David Parr, Jr., Esq.
Bracewell & Patterson, L.L.P.
2000 K Street NW, Suite 500
Washington, D.C.  20006-1872
202-828-5800 Telephone
202-857-2122 Facsimile

 - CLEAN VEPCO PPA.doc
 - COMPARERITE VEPCO PPA.rtf


---------------------- Forwarded by Richard Shapiro/NA/Enron on 06/12/2001
07:37 AM ---------------------------
From: Jeff Dasovich on 05/31/2001 05:28 PM
Sent by: Jeff Dasovich
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: Hertzberg

Here's the document that I sent, and the list of folks that I sent it to.
----- Forwarded by Jeff Dasovich/NA/Enron on 05/31/2001 05:25 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	05/30/2001 01:39 PM

		 To: Richard Shapiro/NA/Enron@Enron, skean@enron.com, Paul
Kaufman/Enron@EnronXGate, Susan J Mara/NA/Enron@ENRON, Sandra
McCubbin/NA/Enron@Enron, Karen Denne/Corp/Enron@ENRON, Janel
Guerrero/Corp/Enron@Enron, mpalmer@enron.com, James D Steffes/NA/Enron@Enron,
Linda Robertson/NA/Enron@ENRON, Susan M Landwehr/NA/Enron@Enron
		 cc:
		 Subject: Hertzberg

Folks:

Here is a rewrite of the power point presentation referenced in the previous
note.  Again, please keep confidential and do not distribute.  It's the copy
that Hertzberg used to present to his caucus.Thanks.

Best,
Jeff

P.S.  Our numbers show that noncore for Edison would be about 30% of load;
Hertzberg has it at about 20%.

---------------------- Forwarded by Richard Shapiro/NA/Enron on 06/12/2001
07:37 AM ---------------------------
From: Jeff Dasovich on 05/31/2001 05:29 PM
Sent by: Jeff Dasovich
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: Asm Dem Plan

Here's the document that I received from the lobbyist today.  It's the same
document that I distributed internally yesterday.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 05/31/2001 05:26 PM -----

	"Delaney Hunter" <dhunter@s-k-w.com>
	05/30/2001 12:29 PM
	Please respond to dhunter

		 To: "Jeff Dasovich (E-mail)" <jdasovic@enron.com>
		 cc:
		 Subject: Asm Dem Plan

A little something we got our hands on.....
 - Assembly Demo Plan.doc


FYI guys.  Save this stuff for after hours.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/14/2001
10:17 AM ---------------------------

Jeffrey C Gossett
02/14/2001 10:13 AM
To: Kam Keiser/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, Phillip M
Love/HOU/ECT@ECT
cc:
Subject:

I am the last one to have a problem with people throwing balls around.
However,  Frank Vickers had a client from another firm here today and people
were shooting baskets while the clients were looking on.  I'm sure
professionalism is not the first thing they thought of as they were watching
this.  While it is important that everyone have fun,  it is more important
that we are a seen as a professional organization.  We are on the same floor
as the originators and therefore there will be many clients coming through
here in the future.  It would be a shame not to get business because someone
in our group was firing jumpers.  Thanks for your help in ensuring that this
doesn't happen again.

Jeff


Lenos,

Thank you again for the invitation. I shall be glad
to attend and speak on the topic indicated in the program.
One correction: I am a VP.

Thanks

Vince

Lenos Trigeorgis <lenos@ucy.ac.cy> on 01/01/2000 01:17:11 PM
To: gordon.sick@rogroup.com
cc: gordon.sick@rogroup.com (bcc: Vince J Kaminski/HOU/ECT)
Subject: Program attached; March NY RO Conference/Participation  confirmation

The current version of the conference program is attached

Please confirm your participation as speaker (and confirm your presentation
title as listed on the attached conference program) by next Tuesday. The
program is about to be sent to the printers next week

Please cc your reply also to gordon.sick@rogroup.com

Lenos

 - NYMarch2000conferencetimes.doc

Lenos Trigeorgis
Professor of Finance
University of Cyprus
Dept of Business
75 Kallipoleos, PO Box 20537
CY 1678 Nicosia CYPRUS

Tel: +357 2 892261
Fax:        339063


Last year money was to be set aside in reserves to cover the net amount needed
to resolve these issues with Transco, BUG , LILCO and Enron.  The total dollars
required was approximately $4.25 million.  An amount of $3.55 million needed for
the Transco historical imbalance resolution.  The remaining balance was needed
for the BUG and LILCO accounting issues that Keyspan brought to our attention
last year.

Bob Hall has $3.5 million reserved in his area for the Transco historical imbalance.
The remaining $50,000 for Transco and approximately $700,000 of additional funds
for the accounting issues were to be reserved last year under "The Office of the
Chairman".  Sally Beck and Janet Dietrich arranged for this additional money to
be reserved at the "Chairman" level since the additional funds were needed to
correct an old accounting problem that should not hit the East Desk P&L.  Also, the
arrangement was that the reserve would be maintained until the settlement payments
were made by Enron.

As with most stories, there is some good news and some bad news.  First, the bad news.
After a great deal of investigation, it appears that there currently is no reserve at the
"Office of the Chairman"  for these additional funds.  Now, the good news.  Georgeanne
will take the necessary steps to make sure there is money available so that we can
quickly resolve these issues with Keyspan and Transco.

If you have questions, please give me a call.

Ruth
x31667


CALENDAR ENTRY:	APPOINTMENT

Description:
	Alice on A/R

Date:		2/21/2001
Time:		4:30 PM - 5:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Please note that I didn't include Delainey, Whalley, Lavorato or Kitchen on
this note.  Left that to you for your call.

Best,
Jeff


-----Original Message-----
From: 	Dernehl, Ginger
Sent:	Friday, November 16, 2001 1:33 PM
To:	Hiltabrand, Leslie
Subject:	FW: Government Affairs Organization Announcement

Leslie, could you please forward to your group?  I had a hard time copying your list. I'll try to figure that out later, but in the meantime, could you please go ahead and forward?

Thanks!

Ginger Dernehl
Administrative Coordinator
Global Government Affairs
Phone# 713-853-7751
Fax# 713-646-8160

 -----Original Message-----
From: 	Dernehl, Ginger   On Behalf Of Shapiro, Richard
Sent:	Friday, November 16, 2001 11:11 AM
To:	'ken.e.randolph@dynegy.com'; Alamo, Joseph; Allegretti, Daniel; Allen, Joe; Alvarez, Ray; Assad, Sergio; Assaf, Lisa; Ausenhus, Kara; Barnes, Lynnette; Bellas, Kirsten; Bestard, Jose; Binns, Darran; Bolton, Scott; Boston, Roy; Braz, Gisele; Buerger, Rubena; Burns, Stephen; Canovas, Guillermo; Cantrell, Rebecca W.; Comnes, Alan; Connor, Joe; Cooney, Carolyn; Cooper, Adam N; Crowther, Mark; Dasovich, Jeff; Davies, Philip; Dawson, Paul; Decker, Larry; Dernehl, Ginger; Dressler, Jean; Elms, Nick; Fitzgibbon, Tom; Floris, Vinio; Frank, Robert; Fromer, Howard; Fulton, Donna; Gottfredson, Bryan; Grimes, Michael; Guerrero, Janel; Haizmann, Jan; Hamilton, Allison; Hardy Jr, John; Hartfield, Rita; Hawkins, Bernadette; Hemstock, Robert; Hennemeyer, Paul; Hetrick, Nancy; Hoatson, Tom; Huertas, Alfredo; Hueter, Barbara A.; Hughes, Llewelyn; Hunter, Bevin; Huson, Maggy; Ibrahim, Amr; Imai, Makiko; Kaufman, Paul; Kean, Steven J.; Keenan, Amber; Keene, Patrick; Kimura, Takashi; Kingerski, Harry; Kishigami, Kikumi; Knight, Laurie; Landwehr, Susan M.; Lassere, Donald; Lawner, Leslie; Lawrence, Linda L.; Leibman, Lara; Leonardo, Samuel; Levy, Alberto; Lindberg, Susan; Linnell, Elizabeth; Long, Chris; Mara, Susan; Maurer, Luiz; McVicker, Maureen; Migden, Janine; Milano, Pamela; Miller, Terri; Montovano, Steve; Nersesian, Carin; Neustaedter, Robert; Nicolay, Christi L.; Nord, Sue; Noske, Linda J.; Novosel, Sarah; O'connell, Earlene; Ogenyi, Gloria; Palmer, Germain; Perez, Carmen; Perez, Gus; Perrino, Dave; Petrochko, Mona L.; Pharms, Melinda; Reis, Jose Lucio; Reyna, Margo; Rishe, Frank; Rizzo, Helen; Roan, Michael; Robertson, Linda; Robinson, Marchris; Rodriquez, Andy; Ryall, Jean; Sampaio, Fred; Shapiro, Richard; Shelk, John; Shortridge, Pat; Staines, Dan; Steffes, James D.; Stephens, Sharonda; Stransky, Joan; Stroup, Kerry; Stubbings, Randy; Styles, Peter; Sullivan, Kathleen; Sullivan, Lora; Thome, Jennifer; Tiberi, Fino; Twiggs, Thane; Van Biert, Teun; Walton, Steve; Warner, Geriann; Watanabe, Mika; Wood, Doug; Yeung, Charles; Yoho, Lisa
Subject:	Government Affairs Organization Announcement

With the announcement of Enron's acquisition by Dynegy behind us, and with the initial severance process completed, it seemed an appropriate time to effect some organizational changes so that we as a group are better prepared to meet the challenges of the future.  Before I turn to the organizational changes, I would like to say a few words about those who will be leaving the company as a result of the initial severance (you'll know who they are by their absence on the organizational chart): Leading and being a part of this group has been a privilege?I am thankful for every day that I have had that responsibility and thankful for however long I continue to have the responsibility.  This sense of privilege and thankfulness is primarily driven by having had the opportunity to get to know and care about such a dedicated group of professionals and support staff and who, to a person, are also very decent and good people.  To say good-bye to some of our colleagues is not easy.  I want to, on behalf of all of us, thank them for their hard work, their integrity, their decency, and the good times and laughter that we shared.  I trust that many of us will find ways to sustain friendships that have been and will continue to be very special.  Thanks to each of you who are leaving for all you have done.

As to the organizational structure, it has become increasingly apparent to me that the existing organization, with a mix of groups organized along functional and regional lines (particularly within the U.S.), has impeded our ability to get things done in the most efficient fashion at times.  The need to rationalize the organizational structure, in order to consolidate all U.S. energy functions, is a strong need from my perspective.  As a result, Jim Steffes will lead the U.S. Energy group along with Sue Nord, who will jointly report to Jim and myself.  Sue will assist Jim in the leadership of the group and take on project management responsibilities as warranted to help Jim shoulder a significant burden.  Also reporting to Jim will be a leadership group for U.S. Energy that will be as follows:  Wholesale Electricity will be led by Christi Nicolay; Retail Electricity and Natural Gas will be led by Harry Kingerski; Wholesale Gas will be led by Leslie Lawner.   Last, but not least, Jeff Dasovich and Sue Mara, who will continue to focus on California energy issues, will report to Jim. (Sue Mara will also be part of the Wholesale electricity team).

Steve Montovano, who will continue to report to me, will lead a commercial development effort along with Dan Allegretti.

With the elimination of the regional groups, I also recognize that there is a need to continue to focus on how we as a group address our political/legislative needs across the U.S.  Paul Kaufman will lead a small group that will address that need and that will focus on state political support.  Paul will also take the lead for Government Affairs in support of corporate development efforts across the U.S.

Much of the rest of the group remains the same.  Linda Robertson will continue to lead the Washington group with Sarah Novosel, who reports to Linda, taking the lead role in our coordination of activities at FERC.  Amr Ibrahim will continue to lead the support of the Global Assets group and also continue to manage the Risk Analytics function.  Maggy Huson will take over support of the non-energy business units, which are as follows: Global Markets, Industrial Markets, Networks, and Broadband.  Rob Hemstock will continue to lead the support of Enron Canada.  Paul Dawson, who heads up government affairs for Europe; Sergio Assad, who heads up government affairs for South America; and Mike Grimes and Mark Crowther, who head up our Asian efforts, will continue to jointly report to the business units and myself.

I am also forming a North American leadership group for Government Affairs to provide policy guidance for the larger group and the company.  That Committee will consist of Rob Hemstock, Maggy Huson, Amr Ibrahim, Paul Kaufman, Harry Kingerski, Leslie Lawner, Steve Montovano, Christi Nicolay, Sue Nord, Sarah Novosel, Linda Robertson, Jim Steffes and myself.  We will also continue to have an RCR Committee that will consist of Maggy Huson, Harry Kingerski, Sue Nord, Linda Robertson, Jim Steffes & myself.  Finally, I am forming a Dynegy/Enron regulatory approvals working group that will consist of Jose Bestard, Paul Dawson, Paul Kaufman, Sue Nord, Sarah Novosel and myself.

No organizational structure or set of organizational changes is either perfect or permanent.  I believe these changes will make us better and more prepared for the future.  However, we must be prepared to further adjust as the future unfolds for the company.

One final note: I am deeply sorry that each of you has had to live through this uncertain and troubled period for the company.  We are all saddened by the recognition that we are in the midst of changes that will leave our group fundamentally altered, but we must resolve to do our best for each other and ourselves during this period of change to ensure that what emerges, for those of us who do remain a part of the new Dynegy, reflects the excellence and integrity that has characterized our group.  Personally, I will do all I can, for as long as I can, to steer the group through this to the very best place possible.  Your continued dedication and support is very much appreciated.  Hang in there and thanks.


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All:  Attached are Bob's comments.  I have not yet reviewed but will do so
shortly.  We're making progress on the masters.  And it will be important to
track ALL EQUITY CONFIRMATIONS.  I would appreciate your advising me whenever
Enron Corp. transacts derivatives/forwards, whether in the name of Enron
Corp. or ENA, on a timely basis.  This will obvioiusly eliminate delays in
reviewing the language and will make it easier to speak with both Rex and
Bob.  Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 06/20/2000 09:56 AM -----

	@; Bob <RBaird@velaw.com>
	Sent by: @; Rebecca <rmatthews@velaw.com>
	06/20/2000 09:12 AM

		 To: Shackleton, Sara (Enron) <sara.shackleton@enron.com>
		 cc:
		 Subject: FW: (no subject)

Sara:

    As promised, this email discusses the securities laws issues involved
with equity derivatives, I
then make a few observations about the relationship between the securities
and commodities laws, and I
then makes some comments on the confirmations you sent me (both securities
laws comments and other
comments.

The principal securities laws issues relate to the fact that the equity
derivative itself is a security and to the
issue of whether and to what extent a counterparty,s activities in
establishing or unwinding a hedge are
attributable to the issuer.  When Enron enters into a derivative and the
counterparty goes out into the
market to make a purchase, is that purchase attributable to Enron?  When it
unwinds its hedge by making
a sale, is the counterparty,s sale attributable to Enron and therefore
required to be registered?  Here are
the principal issues:

1)  Rule 10b-5.  When Enron enters into a derivative, it must be sure it
does
not have undisclosed
material inside information regarding its affairs.  It is my understanding
that the traders are
supposed to check with Rex Rogers on the issue of whether Enron possesses
such information.
Although it could discharge its obligations under Rule 10b-5 by disclosing
the information to the
counterparty, that would probably be unacceptable since the counterparty
would then be in
possession of material inside information and could not engage in a market
transaction to hedge.
Thus, each time it enters into an equity derivative in its own stock, Enron
must be confident that
the public has available to it all material information regarding Enron.

2)  Rule 10b-18.  This rule permits issuers and persons acting in concert
with issuers to repurchase
the issuer,s  shares under a &safe harbor8 that says in effect that if
purchases are made pursuant
to the rule they won,t be deemed to be manipulative by reason of the timing
and amounts of the
bids or purchases.  It is typical for an issuer to require its counterparty
to make purchases
pursuant to the rule.  Sometimes this is a contractual undertaking in the
confirmation, and in
some cases the issuer will simply obtain an oral commitment from the
counterparty to engage in
its hedges pursuant to the rule.  Obviously, it is better to have it in
writing.

3)  Registration of Sales.  If Enron decides to net share settle and issues
shares to the counterparty,
those are obviously restricted securities that cannot be sold by the
counterparty in the absence of a
registration statement.  But what about the resales by the issuer when it
unwinds its hedge that it
has put on by buying shares in the open market?  Are those sales
attributable
to the issuer so
therefore required to be registered?  I have seen lots of counterparties,
based on advice of their
law firms, take different positions on this:

a)  Some counterparties say that they want registration rights covering
resales of shares
purchased in the open market to hedge a derivative with the issuer.  If the
economics of
the derivative are determined based on the net proceeds from the sales, it,s

a more
difficult case because the issuer itself is realizing benefits and
detriments
from the sales.
b)  Some counterparties say they want registration rights covering resales
of
shares
purchased in the open market to hedge a derivative with the issuer only if
there is a
strong correlation at the onset of the contract between the terms of the
derivative and the
hedge.  It it,s a total return swap, for example, there will be a 1:1
correspondence (i.e.
the economics will tell you that the counterparty will buy 100% of the
shares
covered by
the swap immediately upon entering into the swap); but if it,s something
like
a collar
with divergent strike prices and involves dynamic hedging where it,s not
clear whether
and to what extent the counterparty will make purchases or sales in the open

market,
then it,s not as easy to attribute the counterparty,s actions to the issuer.

 In those cases
these counterparties look at the correlation and if it,s not that great they

don,t ask for
registration rights.
c)  Some counterparties say they don,t want registration rights for resales
of stock
purchased in the open market to hedge their position.

Credit Suisse First Boston falls in category c) with respect to the May 2000

confirmation you sent
me. Even though there is a strong correlation between the deal and the hedge

( i.e. even though
in that case they will no doubt immediately purchase 100% of the shares
covered by the
transaction) they are only asking for registration rights with respect to
the
shares that are
delivered by Enron on net share settlement.

4)  Commodities Laws.  Under the commodities laws there are some risks in
doing equity swaps in
that one has to rely on the swaps policy statement rather than the swaps
exemption, but those
risks are probably minimal enough that Enron is willing to take them.  (The
swaps exemption
does not cover equity swaps.)  With respect to equity options, they are
outside the CFTC,s
jurisdiction altogether.  Forward contracts present the most difficult
issues
in that there is a lot of
case law and CFTC lore about the distinction between forwards and futures,
and a key distinction
is that forwards are physical delivery contracts that bind the parties to
make and take delivery.
State bucket shop laws outlaw contracts that purport to be contracts for
sale
of a security that are
to be settled based on market price quotations.  So I would counsel Enron
not
to enter into any
forward contract that has a cash settlement alternative.  Although one can
argue that net share
settlement has the same defects, I don,t feel as strongly about that because

you could get to where
you want to get by physically delivering the  shares and issuing  new shares

in payment; the
theory is that you actually delivered shares and just netted them out; that
is not quite as bad as
flying in the face of the case law and CFTC lore on net cash settlement.

The Bear Stearns Confirmation and Cancellation.  I really don,t have any
comments on this; I think the
cancellation was effective to cancel the parties obligations.  The
confirmation did not present any
registration issues.  I guess I would say that if you do something precisely

like this you might get them to
agree to make any hedge purchases pursuant to Rule 10b-18, but that,s it.

The Credit Suisse First Boston Confirmation.  This is an extremely well
written document.  For the
reasons discussed above, I would counsel against entering into this kind of
transaction with the cash
settlement feature, in light of the risk that it could be characterized as
an
illegal, unenforceable futures
contract.  A few other comments: They say automatic early termination
applies, but I think that is a really
bad idea.  Enron had an agreement with a counterparty that took bankruptcy
and Enron did not find out
about it until a few days later, after the market had moved; since Enron did

not know of the termination it
did not unwind its hedge, yet the ISDA said that the amounts payable on
termination would depend on the
termination date pricing.  So Enron took a loss.  You ought to always have
within your control the right to
terminate.  This is especially true of U.S. parties, but I would think the
same would apply to foreign
parties unless there is something peculiar about the law of the jurisdiction

you are dealing with.

Both Confirmations  Both confirmations have language that says that if the
parties have not entered into
an ISDA Master then the counterparties, standard form controls.  I think it
is not a good idea to agree to
such language because you are agreeing to something you know nothing about.

Additional Comment.  I think that whenever a counterparty requests
registration rights Rex should be
involved.  I think the CSFB confirmation,s provisions relating to
registration are fine, and of course they
can,t force us to register because the choice of net share settling is
purely
our choice.  Nevertheless, I
think that Rex needs to be involved so you and Rex need to get this point
across to the business people that
they shouldn,t just sign a confirmation and then send it to you and ask if
it
is ok.

But my bottom line is the only change I would make would be eliminating the
net cash settlement feature
in the CSFB confirmation.