Leslie asked me to forward this.  Summary of FERC staff testimony is in red.

NGI's Daily Gas Price Index
published : May 14, 2001
FERC Staff Finds Market Power Concerns in El Paso Case
El Paso Natural Gas and El Paso Merchant Energy probably exercised market
power in the Southern California gas market and drove up gas prices over the
past year when pipeline capacity constraints existed, FERC staff concluded
last week in testimony before Chief Administrative Law Judge Curtis Wagner
Jr.
At the same time Southern California Edison told FERC that El Paso caused a
$3.7 billion increase in gas costs in California from March 2000 to March
2001 by withholding capacity from the market and driving up the basis
differentials between supply basins and California. Edison based its
testimony on analysis by the Brattle Group.
Meanwhile, El Paso countered with its own data arsenal and army of
consultants. El Paso said the price increases were caused by unprecedented
demand and inadequate supply infrastructure. Harvard University economics
professor Joseph Kalt said on behalf of El Paso that the exorbitant gas
prices were the result of a combination of supply and demand factors related
to the electricity market and ultimately caused by decades of bad public
policy decisions rather than El Paso's market power in the Southwest.
FERC set the market power issue for hearing in March before Judge Wagner and
ordered him to provide an initial decision within 60 days (see Daily GPI,
March 29). The Commission cleared El Paso of charges that it rigged the
bidding for capacity on its system during an open season in February 2000 to
favor its affiliates. Critics alleged El Paso Merchant Energy Gas L.P. and El
Paso Merchant Energy Co. ended up the big winners in the open season, snaring
three contracts for 1.22 Bcf/d of firm capacity on El Paso to the California
border, because they received inside information on a discount transportation
rate. But in the order on complaint, the Commission said it found "no merit
in the allegations." Moreover, it said there was no evidence that El Paso
violated its standards of conduct. However, the allegations that El Paso
engaged in market and price manipulation were not dismissed.
In his testimony last week, FERC economist Dr. Jonathan D. Ogur concluded
that under certain circumstances El Paso was able to wield market power in
the Southern California gas market. Its market position as measured by the
Herfindahl-Herschman Index (HHI) exceeded levels deemed appropriate by FERC,
the Federal Trade Commission and the Justice Department, he said.
When the state is considered as a single market, El Paso's market
concentration and market share are "both within the safe harbor," he said.
However, when there are capacity constraints in Southern California, as there
were last summer and winter, and when El Paso's supplies include both firm
and "nearly firm" gas, the HHI increases to 2,262, said Ogur. "This exceeds
the 1,800 threshold for concern that sellers may possess market power. El
Paso's market share rises to 45%, which exceeds the 35% threshold.
"When pipeline constraints separate Southern California from Northern
California, market concentration may be outside the safe harbor and El Paso's
market share may be greater than the threshold," he said.
Although about 1 Bcf/d of excess capacity may have existed in the Northern
California market last summer, it's not clear that it was available to
Southern California customers in sufficient quantities to constrain El Paso's
market power, said Ogur.
Ogur's testimony differs substantially from testimony submitted last week by
John Morris for El Paso Merchant and testimony submitted by Lukens Consulting
for El Paso Pipeline. Those studies defined the market in question as
including all of California, while Ogur defined the relevant market as
Southern California when pipeline constraints exist.
The Brattle Study, which was submitted on behalf of Southern California
Edison, concludes El Paso Merchant Energy was able to exercise market power
through its control over 1.4 Bcf/d of firm capacity on El Paso Pipeline and
Transwestern, but the study does not specifically define the market. It
places an HHI of 2,179 for firm capacity held by El Paso Merchant on El Paso
and Transwestern between the San Juan Basin in New Mexico and California. The
Brattle study calculates El Paso's market share to be 34%, rising to 48%
after adjusting for Southern California Gas' and PG&E's core capacity.
The study fails, according to Ogur, by excluding capacity on other California
pipes and storage space. It also attempts to find market power abuse by
analyzing basis differentials that exceeded maximum tariff rates, but admits
it is unable to determine if the abnormal basis differentials might have been
caused instead by capacity constraints. It also can't deny the fact that
interruptible transportation was available at maximum rates.


Did you where you clown suit to work?

What a fucking shit show!

cd


Below is a summary of the PNR activity for the month of February, 2002.

Buyer		PO #	POI	 	Dekatherm 	 Rate/Dth 		Rate_Type	Invoice Amount 	Balance
Astra Power	27502	500621	 	7,216 	 	$0.0500 	 	Total	 	  $432.96 		  (73) owed TW
USGT		27268	500617	 	20,000 		$0.0800 	 	Total	 	$1,600.00
USGT		27268	500617	 	25,000 	 	$0.0800 	 	Total	 	$2,000.00
USGT		27268	500617	 	18,000 	 	$0.0600 	 	Total	 	$1,080.00
USGT		27268	500622	 	10,800 	 	$0.0800 	 	Total	 	   $864.00
USGT		27268	500622		38,531 	 	$0.0900 	 	Total	 	$3,467.79
		TOTALS		119,547 				 		$9,444.75


Mark,

Would you please verify the number of the cell phone you are using?   I'm
working with AT&T on a billing mix-up.

Thanks,

Kathy


NEW DIALING INSTRUCTIONS

To:          All Enron Houston Users

Subject:   New Dialing Instructions

Ref:   Tie Line Access Code Changes - Enron Houston Users

Just a reminder, the access codes for remote locations were modified within the Enron Building phone system.  The modifications will affect users as follows:

1.        We have changed the first digit dialed when accessing the Tie Lines from 7 to 8.  This change will only affect Enron Building users.
2.        The second and third digits of the London, Calgary, Omaha, and Portland tie lines have also changed.  This change will affect all users.  All other digits of existing dial strings will remain the same.  For your reference, a list of the new dial strings is identified in the table below.

REVISED DIAL STRINGS FOR ENRON TIE LINE NETWORK
Users must dial 8 digits to call via Tie Lines

Enron Location	Old String	New String
Beijing	7 810 XXXX	8 810 XXXX
Buenos Aires	7 900 XXXX	8 900 XXXX
Calgary	7 403 XXXX	8 283 XXXX
Caracas	7 58 XXXXX	8 58 XXXXX
Chicago	7 220 XXXX	8 220 XXXX
Dahbol India	7 812 XXXX	8 812 XXXX
Hinsdale	7 235 XXXX	8 235 XXXX
London	7 830 XXXXX	8 44 XXXXX
Monterey	7 152 2XXX	8 152 2XXX
New York	7 212 XXXX	8 212 XXXX
New York Metals	7 211 XXXX	8 211 XXXX
Omaha	7 87 XXXX	8 287 XXXX
Portland	7 834 XXXX	8 234 XXXX
Rio De Janiero	7 920 XXXX	8 920 XXXX
Sao Paulo	7 910 XXXX	8 910 XXXX
Sydney	7 800 XXXX	8 800 XXXX
Tokyo	7 860 XXXX	8 860 XXXX
Toronto	7 285 XXXX	8 285 XXXX
Washington DC (Future)	N/A	8 245 XXXX

* X represents an extension number


Jim:

Attached is a fairly distilled summary of the projects Enron's offered to the
utilities, DWR and the ISO over the past 9-12 months, or so.  With respect to
the power contracts offered to the IOUs, only the offers accepted by PG&E and
Edison are included---the desk doesn't keep records of offers rejected, only
offers accepted.  However, I'm fairly confident that I can dig deeper and get
more info on the other power deals offered to Edison, PG&E and SDG&E if folks
would like that information.  Just let me know. Prices are included for the
offers that had prices attached when submitted.

Best,
Jeff


Jim:
It was a pleasure speaking with you yesterday.  Based on our conversation,
this email includes the following:

An Enron contact to discuss developing small-scale, distributed generation on
Tribal lands.

Our views on the impediments to small scale, distributed generation and
suggestions on how to remove those impediments.

A description of the credit issues that continue to impede DWR,s ability to
sign contracts with power suppliers, and options to resolve them. Two
possible options for addressing the credit issue are 1) a California PUC
order clarifying that DWR will recover its power purchase costs through
rates, and 2) an amendment to AB1X designed to accomplish the same goal.  I
have attached talking points regarding the California PUC order and proposed
amendments to AB1X.  We believe that an amendment to AB1X is the preferable
option.

Our assessment of the supply/demand picture in California and the West.

Our suggestions for a legislative package designed to solve both the near-
and long-term electricity crisis in California.  We will deliver to your
office tomorrow detailed legislative language.  In those materials we will
also identify existing bills that we believe can easily accommodate our
proposed language.

I hope that the information is useful.  Please do not hesitate to contact me
if you would like to discuss these materials further, or if there is anything
else that I can do to assist you.

Regards,
Ken

1. Contact Information to Discuss Interest Expressed by Native American
Tribes in Installing Small-scale Generation on  Tribal Lands

David Parquet, Vice-President
Enron North America
101 California Street, Suite 1950
San Francisco, CA 94111
Phone: 415.782.7822

2. Key Barriers to Distributed Generation

Excessive and Unnecessary Utility Stand-by Charges
Solution: The executive orders issued by the Governor on February 14th took a
step in the right direction.  Utility stand-by charges have always been
designed by the utilities to protect their monopoly position, extract
monopoly prices from customers, or both.  But there is no reason to limit the
elimination of these charges to generation facilities that are less than
1MW.  These limits will only lengthen unnecessarily the time it takes for
California to close the significant gap between supply and demand and reduce
the risk of black outs.  We would propose lifting the cap through amendments
to SB27X, which is designed to facilitate development of distributed
generation.

Excessive delays and costs related to interconnecting facilities with
investor-owned and municipal utilities
Solution:   The Governor,s executive order regarding interconnection is a
step in the right direction*D-D-26-01 requires utilities to complete
interconnection studies within 7 days.  California should ensure that this
requirement applies to all generation facilities, including distributed
generation.  In addition, the financial conflicts the utilities face when
interconnecting generation facilities are simply too powerful to overcome
through executive orders or other regulations.  To the greatest extent
possible, California should shift control over interconnection away from the
utility and place that control with the California ISO.  This could be
accomplished through amendments to SB 27X.

Permitting and Air Quality Issues
Developers of distributed (i.e., &on-site8) generation that is 50 MWs or
greater must receive certification from the California Energy Commission and
therefore faces all of the impediments to development that large-scale
generation faces.

Solution: California should ensure that the executive orders (D-22-01 thru
D-26-01) issued by the Governor to expedite plant siting and maximize plant
output apply equally to smaller scale, &distributed generation8 facilities.
In addition, distributed generation that is less than 50 MWs continues to
face local opposition.  The State should ensure that local, parochial
interests cannot block otherwise beneficial distributed generation projects.
These objectives could be accomplished through amendments to SB27X.

3. Credit Concerns Regarding Authority Granted to DWR in AB1X to Purchase
Electricity on Behalf of the Utilities

Enron responded to the RFP issued by DWR to enter into power contracts with
suppliers.
Enron is in active discussions with DWR to establish contract terms with the
goal of entering into a power purchase agreement as soon as possible.
However, ambiguities contained in AB1X have created significant credit risk
concerns that need to be resolved in order to finalize contract terms.
We understand that the lion,s share of counterparties share Enron,s credit
risk concerns.
Enron has proposed several options for resolving the credit risk issues and
is working with DWR to arrive at a solution that is mutually agreeable to
both sides and that might serve as a template for power purchase agreements
going forward.

Summary of the Source of the Credit Risk Issue

Ambiguous Ratemaking Authority
The language in AB1X leaves ambiguous whether DWR has any authority to charge
California ratepayers for the costs of purchasing power.  From our analysis
of the bill, the language in AB1X appears to leave intact the California PUC,
s exclusive jurisdiction over ratemaking in California.  As such, suppliers
have no assurance that the PUC will agree to include in rates adequate
charges to cover DWR,s costs of power purchases.

Ambiguous Regulatory Authority Regarding Contract &Prudence8
The language in AB1X leaves open the possibility that the California Public
Utilities Commission could determine that power purchases made by DWR are
&imprudent.8  On the basis of such a finding, the CPUC could then refuse to
allow DWR to collect from ratepayers the costs associated with its power
purchases.  Consequently, suppliers have no assurance that the PUC will agree
to include in rates the charges to cover the costs of power contracts that
DWR has entered into with suppliers.

Ambiguous Language Regarding the Ratemaking Mechanism that Will Be Used to
Recover DWR,s Costs of Power Purchases
In addition to the ambiguity regarding ratemaking and regulatory authority
noted above, the language in the bill is equally ambiguous with respect to
the specific ratemaking &mechanics8 that AB1X directs the PUC to employ to
permit DWR to recover its power purchase costs. Based on our analysis, it is
extremely difficult to determine how the PUC would design the rates to ensure
DWR recovers its power purchase costs.  Moreover, as currently drafted, it is
difficult to determine whether AB1X would even permit the PUC to include in
rates all of the charges necessary to fully recover DWR,s power purchase
costs.  Again, this ambiguity raises significant credit risk concerns since
suppliers have little assurance that DWR will have the ability to recover
from ratepayers the costs of purchasing power.

Options to Resolve Concerns Regarding Credit Risk

We have been working diligently with DWR officials to resolve the credit risk
issues.  We have identified three options:

Amend AB1X
The amendments, which are attached to this email, would clarify that a) the
PUC would accept as &prudent and reasonable8 all purchase costs incurred by
DWR, and b) the PUC is obligated to include in rates the charges necessary to
ensure that DWR fully recovers its costs of power purchases.  This is the
preferred option, though we understand that the there may be some political
challenges standing in the way of amending AB1X.  (See attached file
entitled, &XXXX8.)

Clarify the Ambiguities in AB1X through an Order Issued by the PUC, and
through Contract Language
This is the option that we are currently working with DWR officials to
implement.  However, it is more complicated and could take significantly more
time to implement than the "legislative" fix.  We have attached electronic
copies of the talking points related to the order that the California PUC
would need to issue under this option.  (See attached file entitled, &XXXX.8)

Make Use of Other Instruments Designed to Address Credit Risk
As indicated in our letter responding to DWR,s RFP, we are willing to accept
other forms of credit from DWR.  Those options include a letter of credit,
cash prepayment, or an acceptable form of collateral.  DWR officials have
indicated to us that it prefers to pursue the second options, that is,
clarifying the ambiguities in AB1X through a PUC order and through contract
amendments.

4. California,s Supply-demand Picture Heading into Summer 2001

Both the California Energy Commission and Cambridge Energy Research
Associates, a private sector energy think tank, have issued reports showing
that California faces a severe supply-demand imbalance.  They differ only on
how much and how soon additional supply will be made available.  All credible
sources agree supply supply will be very tight throughout the Summer of
2001.

CEC and CERA both forecast that California will be this summer short by
approximately 5,000 MW.   These numbers are in line with our estimates.
California,s supply base currently has a 6% capacity margin, well below the
average 15-20% which is recommended for reliable system operation in the
West.  Since the West relies more heavily upon hydroelectric power than other
regions, reserves are particularly important, owing to the unpredictability
of the weather and the dry year the West has had thus far.

In the event of a low rain and snow period, the system must possess the
flexibility to respond to the reduced availability of power supply.
California,s very low reserve margin makes it especially susceptible to
this.  Other reasons for reduced supply for the Summer of 2001 include the
early draw down of reservoirs close the supply-demand gas this summer,
emissions restrictions on existing plants, and a reduced number of customers
who can be curtailed.  Cambridge Energy Research Associates asserts that at
the current pace of siting, permitting and construction, adequate supplies
will not be added to correct the market imbalance until 2003 at the earliest.

CERA predicts that California is likely to face approximately 20 hours of
rolling black outs this summer.  The CEC paints a considerably more
optomistic scenario, banking that California will bring an additional 5,000
MWs on line to meet peaking summer demand.  It is our view that the
California should view the CEC's predictions regarding increased supply with
considerably skepticism.

5. Suggested Package of Legislative Proposals Designed to Solve California,s
Electricity Crisis

This email offers an overview of our proposed legislative solution.  We will
deliver to your office tomorrow specific legislative language and existing
bills that we believe can accommodate our proposals.

As we have suggested throughout the crisis, any solution to California crisis
must focus on four issues:

Increase supply
Decrease demand
Establish a truly competitive retail electricity market
Return California,s Investor-owned utilities to solvency

Increase supply--Legislative vehicle: SB28X (Sher)
To site and construct a power plant in Texas takes approximately 2 years.
Enron and others have completed the entire process in other states in less
than a year.  In California, complex and costly air quality regulations
exacerbate California,s inability to site power plants.

The Governor,s executive orders and Senator Sher,s siting reform legislation
are steps in the right direction.  Our suggested amendments can improve those
efforts by:

Decrease demand*Legislative Vehicle:   AB31X
Because of the delay in implementing a solution to California,s electricity
crisis, closing the supply-demand gap through energy conservation and
efficiency offers the best chance of avoiding blackouts this summer.  This
can be accomplished most effectively and quickly in two ways:

Buy-down demand
California is tapping into an enormous amount of money from the General Fund
to finance DWR,s power purchases.  California could likely reduce demand more
cheaply by running an auction to determine the payments businesses would be
willing to receive to reduce demand for a sustained period (e.g., through the
summer months).  DWR could very easily run an on-line auction to determine
the best price it could pay for these demand reductions.  To participate,
businesses would be required to have the metering equipment necessary to
monitor and verify that they are actually achieving the reductions.  Enron
has developed an on-line auction software package, &Dealbench,8 that it would
be willing to contribute to the effort.

Use Price Signals to Incent Voluntary Curtailment

To work, customers need access to the following key elements:

An internet based hour-ahead price posting system to track the market price
for hour-ahead power in real time.
Real-time metering systems for baseline demand and voluntarily curtailment
verification.
Settlement process that allows for market clearing prices of energy to be
paid for load reduction (&Negawatts8).

The potential benefits of an effective demand response program would include:

&creation8 of additional summer peaking capacity in California, particularly
in the short term, without requiring construction of additional generation
resources.
reduction of  peak or super-peak load on the over-stressed California
electric system, thus potentially reducing the overall cost of electricity in
the state.
fostering of demand elasticity without subjecting customers to the full risk
of hourly market price volatility by passing market price signals to
customers and allowing them to voluntarily shed load and be compensated for
responding.

We estimate that we could generate a summer 2001 on-peak demand response in
excess of 400 MW during certain high cost hours, and a demand response for
summer 2002 on-peak hours that could exceed 1000 MW.  We further estimate
that the market response to this program from all ESPs who would also pay
Access Fees could be 2 to 3 times that amount.  We recommend that the State
of California provide rebates directly to customers to fund the installation
of advanced metering and control systems that would support load curtailment
implementation.

Establish a truly competitive retail electricity market*Legislative vehicle:
SB27X
The only customers who were protected from price volatility in San Diego were
customers who chose Direct Access and signed fixed price deals with energy
service providers.  Ironically, AB1X takes that important option away from
customers and businesses.  It is critical that AB1X be amended to remove the
prohibition against Direct Access.

In addition, California will only achieve a competitive retail market when
the utility is removed completely from the procurement function.  Procurement
is not a utility core competency, as evidenced by the dire financial
condition in which the utilities now find themselves.  California should
therefore begin now to gradually phase the utility out of the procurement
function entirely, with the goal having all customers served by a non-utility
provider within 36 months.  To execute the transition, California should hold
a competitive solicitation in which competing service providers would bid for
the right to serve segments, or &tranches,8 of utility load.

Return California,s Investor-owned utilities to solvency*Legislative vehicle:
AB18X
Utility bankruptcy will not increase supply and it will not decrease demand.
In short, bankruptcy does nothing to solve California,s supply-demand
imbalance.  In addition, bankruptcy increases the likelihood that consumers
and businesses will bear the significant financial risks of having California
State government assume the role of &electricity buyer8 for an extended
period of time.

California can return the utilities to financial solvency by implementing a
series of staged rate increases.  California should design those rate
increases with the dual goal of returning the utilities to solvency without
&shocking8 the economy or consumers, wallets (e.g., amortize the recovery of
the utilities, debt over a 5-10 year period). The magnitude of the rate
increase can be reduced in two ways: First, the utilities could absorb some
portion of their existing debt in recognition of the risk they accepted when
they agreed to the structure of AB 1890.  Second, California can &net8 the
revenues the utilities have received from selling electricity into the Power
Exchange against the debts they have accrued due to the retail price cap.


Ben, please find attached below the preliminary O&M cost estimate for O&M
services to mobilize and operate the 4 x LM6000 peaking facility to be
situated at an existing UAE cogen plant in Lowell, Mass.   It assumes some
allocated costs for common facilities, operating/admin expenses and staff at
the UAE plant to be added to the incremental expenses that are estimated to
occur as a result of the plant addition. Please review it and consider its
accuracy to be +/- 25%. Call if you have any questions.
---------------------- Forwarded by Scot Chambers/ENRON_DEVELOPMENT on
02/16/2000 12:06 PM ---------------------------

Scot Chambers
02/15/2000 08:09 PM
To: Mark Dobler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Callaghan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David
Ehler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mitch
Robinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John W
Cates/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard
Bickings/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Lowell, MA O&M Estimate

Please review the attached O&M estimate for the Lowell, Massachusetts 4 x
LM6000 peaking facility to be situated at an existing UAE cogen plant. UAE
will own and operate the plant and ENA will have option on the output for
about 3 to 5 years. The O&M cost estimate shown assumes the hire of 2 O&M
techs to cover the LM6000 plant for the 2 peak period shifts. Current staff
at UAE plant is reported as 7 total (including admin) which seems low for a
cogen, so I've shown the addition of 2 techs. It assumes an allocation of
some existing labor and admin/operating costs from the existing plant, but in
no case is the "annual total" for the fixed costs more than 1/2 of what we
could do it for ourselves if it was "stand alone". Maintenance and chemicals
are shown as variable. The fees are shown for what we used for the Wilton
Center Expansion ($40M - Mob; $80M - Annual Ops).

thanks, Scot


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

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

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

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


BEEP stack is the supply curve for real-time energy that the ISO develops on
the basis of bids and offers.  The problem is that the plants the ISO
ultimately dispatches from the stack often conflict with the merit order
developed from the bids/offers, and the ISO has never been clear about the
decision metrics it uses to determine ultimate dispatch.  Everyone, including
Belden, thinks it can and ought to be a helluvalot more transparent.


Yeah, I think I shocked a lot of people, including Kam and others. Well, as shitty as the hours were, I actually liked risk.  I will be working in Risk at my new position at EnergyUSA.  However, a long day for them is 9-10 hours, which is more like a short day at Enron.  I think fewer hours and better pay will make working conditions much better but I am really going to miss a lot of the people that I worked with at Enron.  If was a very fun atmosphere to work in, even during the last few days with all of this merger talk going on.

JR
  ----- Original Message -----
  From: Reitmeyer, Jay
  To: Jeff Royed
  Sent: Wednesday, November 14, 2001 4:58 AM
  Subject: RE: My Resignation

  Carole told me yesterday afternoon that you left.  I saw you right after lunch with a couple other people looking for a conference room.  I guess I know now what that was about.  That news shocked me because I didn't see itc oming, but at the same time I am not surprised that you left.  With all the uncertainty surrounding this company now plus I know that you had had enough of risk that it doesn't surprise me.

  Good luck with the new job and let me know what exactly you will be doing at the new company.

  Jay
    -----Original Message-----
    From: Jeff Royed [mailto:jroyed@ev1.net]
    Sent: Tuesday, November 13, 2001 10:34 PM
    To: Reitmeyer, Jay
    Subject: My Resignation

    Hey Jay,

    Just wanted to let you know that I resigned from Enron yesterday and took my job back at Wilkens Weather.   No, just kidding -with Energy USA over in the Galleria area.  They are a smaller, less sexier and more conservative company than Enron but then we all know what can happen to a "sexy" company.

    Anyway, I wish the best of luck to you in your future endeavors.  Keep in touch -you can use this address for now until I know my new address at work.  You never know if one may have to return a favor sometime in the future.

    See ya,

    JR

  **********************************************************************
  This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
  **********************************************************************


I don't know if you got this e-mail.

Thanks,

Eric
---------------------- Forwarded by Eric Bass/HOU/ECT on 01/22/2001 01:29 PM
---------------------------

Janie Aguayo
01/22/2001 11:59 AM
To: Patrick Stafford/Corp/Enron@ENRON, Michelle Nelson/Corp/Enron@ENRON, Anne
Bike/Corp/Enron@Enron, Eric Bass/HOU/ECT@ECT, Stewart Range/NA/Enron@ENRON,
Laura Vargas/Corp/Enron@ENRON
cc: Larry Joe Hunter/HOU/ECT@ECT, Derek Bailey/Corp/Enron@ENRON
Subject: Rebooks

PLEASE REBOOK THE FOLLOWING...

PATRICK STAFFORD
QM5159.1, .2  TO BP AMOCO CORPORATION

MICHELLE NELSON
QM5287.1, .2  TO BP AMOCO CORPORATION

ANNE BIKE
EU8529.O, ,P  TO LOUISIANA GAS SERVICES COMPANY, A DIVISION OF CITIZENS
COMMUNICATION (CALL ME IF YOU HAVE ANY      QUESTIONS)

ERIC BASS (WHO'S YOUR BOOK ADMIN?)
QM4771.1  TO DUKE ENERGY TRADING AND MARKETING

STEWART RANGE
QM5363.1, .2  TO HESS ENERGY TRADING COMPANY LLC

LAURA VARGAS
QM4152.1
QM4154.1
QM4156.1
QM4159.1
QM4160.1  ALL TO  CLECO Marketing & Trading, LLC

THANK YOU - JANIE


No problem bensen


Greg and I tried to call you but you weren't there.  We'll call you tomorrow.
----- Forwarded by Tana Jones/HOU/ECT on 03/14/01 06:40 PM -----

	Wendy Conwell@ENRON
	03/14/01 03:51 PM

		 To: Tana Jones/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Susan
Bailey/HOU/ECT@ECT, stephanie.panus@enron.com, Mary Cook/HOU/ECT@ECT
		 cc: Tracy Ngo/PDX/ECT@ECT, Edward Sacks/Corp/Enron@Enron, Paul
Radous/Enron@EnronXGate
		 Subject: Calgary Winter Club

Please note this is to be done on the Canadian Industrial Master Form.

Thanks
Wendy
---------------------- Forwarded by Wendy Conwell/NA/Enron on 03/14/2001
03:49 PM ---------------------------

From:  Wendy Conwell
   03/14/2001 02:01 PM

To: Tana Jones/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Susan
Bailey/HOU/ECT@ECT, stephanie.panus@enron.com, Mary Cook/HOU/ECT@ECT
cc: Tracy Ngo/PDX/ECT@ECT, Edward Sacks/Corp/Enron@Enron, Paul
Radous/Enron@EnronXGate

Subject: Calgary Winter Club

Mary,

Please find attached the credit worksheet for Calgary Winter Club.  Please
call with questions or comments.

Wendy


Sam,

Maureen's article will be OK. Stinson can take a look at the final version on
Monday.

Vince

	Enron North America Corp.

	From:  William Smith @ ENRON                           10/18/2000 06:37 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Newsletter, Monday 23 Oct.

Vince,

I see that you are flying around a lot this week, but I wanted to let you
know how it's going with the newsletter.  I've scheduled Steve Bigelow as the
"person of the week."  Regarding Technical Corner, I sent you a copy of
Maureen's article for your review.  Bob Lee told me he has also sent you
something.  I'd appreciate your guidance on which one to use.  I believe
Maureen's is time-sensitive, so I'd vote for that one if you've had a chance
to look it over.

I'm going to be out of town the rest of today and Thursday-Friday to attend
my uncle's funeral in Illinois.  If you fly over Illinois, please wave! :-)

Have a safe trip(s),

Sam


Please calendar for Sheila and me.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/22/2001 01:04
PM ---------------------------
From: Megan Angelos/ENRON@enronXgate on 01/22/2001 12:58 PM
Please respond to CN=Megan Angelos/O=ENRON@enronXgate
To: Ozzie Pagan/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Catherine
Clark/ENRON@enronXgate, Roseann Engeldorf/Corp/Enron@ENRON, Sheila
Tweed/HOU/ECT@ECT, Robert P Virgo/HOU/ECT@ECT
cc:

Subject: Meeting - ENA/EECC

There will be a meeting on Monday, January 29, 2001 from 9:00 a.m.-10:00 a.m.
to discuss working relationships on future deals with EECC.  Please make
yourself available. A location will be sent to you soon.

If you have any conflicts, please let me know as soon as possible.  I can be
reached at 3-0420.

Thanks!
Megan Angelos


is attached.  You will note that, in both the Intro and the second paragraph
under the What FERC Can Do section, I have softened the MB-rate argument.
The phantom sentence is also removed.  Let me know if I can be of further
help.

 - 0131527.01


Vince,

Here is your new location on the 32nd floor.

Have a wonderful morning!
---------------------- Forwarded by Kevin G Moore/HOU/ECT on 04/28/2000 07:48
AM ---------------------------

Kevin G Moore
04/28/2000 07:49 AM
To: Lisa B Cousino/HOU/ECT@ECT, Heather Choate/HOU/ECT@ECT
cc:
Subject: Churn List

Goodmorning ,
Today is the day for the great move.

Well I certainly hope this is not a bother.
I have a few changes since a few members has
left our group.

New Locations

Sam Smith  -EB3274A
Elena Chilkina - EB3274B  (Michael Sergeev)
Patricia Tlapek - EB3273A
Vince Kaminski - EB3273B
EB7273C - Vacant  (Roman Zadorozhny)

If you are not able to make changes on the churn list ,
please be aware that we are going to label all items to
the locations listed , whereby these  items will be at the
locations listed above.

Please if you need more information feel free to call
x34710.

Hope this day be a Good One for you !

                                      Thanks
                                  Kevin Moore


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/01/2000
03:36 PM ---------------------------

Vince J Kaminski
12/01/2000 03:14 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: TO_DO

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/01/2000
03:15 PM ---------------------------

Vince J Kaminski
12/01/2000 02:16 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: TO_DO

Start project  with Elene for Mark


---------------------- Forwarded by Carla Hoffman/PDX/ECT on 11/30/2000 06:32
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     11/30/2000 06:15 AM

To: undisclosed-recipients:;
cc:
Subject: DJ Calif Gov Considers Rereg, Ban On Power Exports

13:15 GMT 30 November 2000 =DJ Calif Gov Considers Rereg, Ban On Power
Exports
(This article was originally published Wednesday)

   By JASON LEOPOLD
   Of DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--California Gov. Gray Davis is considering a number
of steps to repair the state's flawed deregulated wholesale electricity
market, including banning the export of power from the state, according to a
draft report.
The two-paged draft, titled "Options Regarding California Electricity: For
Discussion Purposes Only," is being circulated by the governor's office to
lawmakers and energy officials, sources close to the issue said Wednesday.
The document, obtained by Dow Jones Newswires, details steps the state could
take to fix its troubled wholesale power market. All of the items in the
draft were under consideration, including a return to regulated markets,
said Steve Maviglio, the governor's press secretary.
Maviglio said Davis will announce some details of his energy plan Friday,
the deadline for the governor to reply to the Federal Energy Regulatory
Commission's proposals for repairing the state's power markets.
One proposal that the governor is expected to adopt is to develop a state
power authority to build power plants and own and operate transmission
systems, the source said.
Among the ideas under consideration are the following:
-Eliminate the California Independent System Operator, manager of one of the
state's two wholesale power markets and much of its power grid.
-Extend the freeze on retail electricity rates charged by Edison
International (EIX) unit Southern California Edison and PG&E Corp. (PCG)
unit Pacific Gas & Electric Co.
-Require utilities to retain existing generation and to build new power
plants.
-Consider re-asserting state authority over the operation, maintenance and
safety practices of all in-state generating facilities for public health and
safety purposes.
-Authorize California's publically held utilities to purchase the majority
of their power in forward markets.
-Pressure the FERC to "do its job" by imposing a regional price cap on
wholesale energy that varies by time of day and year.
-Continue to lobby for billions of dollars in refunds for "unjust and
unreasonable" rates charged to California consumers.
-By Jason Leopold, Dow Jones Newswires; 323-568-3874;
jason.leopold@dowjones.com
(END) Dow Jones Newswires 30-11-00
1315GMT Copyright (c) 2000, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.


Thanks.  I'll let Walter know if he calls.  I just wanted to make sure things
were done correctly.

Martin

	Vince J Kaminski@ECT
	10/10/00 03:25 PM

		 To: Martin Lin/Contractor/Enron Communications@ENRON COMMUNICATIONS@ENRON
		 cc: Vince J Kaminski/HOU/ECT@ECT, Walter Coffer/HOU/ECT@ECT
		 Subject: Re: power flow software question

Martin,

It's OK for Walter to use remaining hours. No real cost to Enron,
just the benefits.

Vince

From: Martin Lin@ENRON COMMUNICATIONS on 10/09/2000 03:06 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: power flow software question

Walter Coffer contacted me regarding whether we still have power flow
software available.  We do have almost all of a 200 execution-hour license
for PSS/E, which was purchased for the transmission congestion project last
summer.  This was purchased by East Power Trading.  Should Walter want to use
the remaining hours, who has authority to grant this?

Thanks,
Martin


FYI

 -----Original Message-----
From: 	Lilly, Kyle R.
Sent:	Friday, October 26, 2001 10:20 AM
To:	Baumbach, David
Subject:	RE:

Hey,

	I looked in SAP & that particular item was paid on Oct 5th for the full amount of $95,130.  It was wired Chase Manhatten Bank N.A., acct # 9102771343.  Let me know if you need anything else.

Thanks,
Kyle

 -----Original Message-----
From: 	Baumbach, David
Sent:	Thursday, October 25, 2001 3:42 PM
To:	Lilly, Kyle R.
Subject:

Can you get me anything "official" showing that we paid Centana for July?


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/19/2001
04:59 PM ---------------------------

Tom Halliburton@ENRON
01/19/2001 03:19 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Joseph Hrgovcic/HOU/ECT@ECT, Tanya
Tamarchenko/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Martin Lin/HOU/ECT@ECT,
Maureen Raymond/HOU/ECT@ECT, Osman Sezgen/HOU/EES@EES, Paulo
Issler/HOU/ECT@ECT, Amitava Dhar/Corp/Enron@ENRON, Alex
Huang/Corp/Enron@ENRON, Kevin Kindall/Corp/Enron@ENRON, Kevin G
Moore/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, William
Smith/Corp/Enron@ENRON, Jose Marquez/Corp/Enron@ENRON, Chonawee
Supatgiat/Corp/Enron@Enron, Shalesh Ganjoo/HOU/ECT@ECT, Tom
Halliburton/Corp/Enron@Enron, Elena Chilkina/Corp/Enron@Enron, Sevil
Yaman/Corp/Enron@Enron, Sofya Tamarchenko/NA/Enron@Enron, Bob
Lee/NA/Enron@Enron, Gwyn Koepke/NA/Enron@Enron, Hector Campos/HOU/ECT@ECT,
Anita DuPont/NA/Enron@ENRON, Youyi Feng/NA/Enron@Enron, V Charles
Weldon/HOU/ECT@ECT, Praveen Mellacheruvu/HOU/EES@EES, Li Sun/NA/Enron@Enron,
Stephen Bennett/NA/Enron@ENRON, Roman Zadorozhny/HOU/EES@EES, Lance
Cunningham/NA/Enron@ENRON, Leann Walton/NA/Enron@ENRON, Shane
Green/HOU/EES@EES, Seksan Kiatsupaibul/HOU/EES@EES, Kate Lucas/HOU/ECT@ECT,
Nelson Neale/NA/Enron@Enron, Rabi De/NA/Enron@ENRON, Kenneth
Parkhill/NA/Enron@ENRON, Jaesoo Lew/NA/Enron@ENRON, Jason
Sokolov/HOU/ECT@ECT, Steve Bigalow/NA/Enron@Enron, Tom
Barkley/NA/Enron@Enron, Rakesh Bharati/NA/Enron@Enron
cc:
Subject: Non Linear Optimization - Friday 19 January Brown Bag

Leon Lasdon from UT Austin has been involved in the development of non-linear
optimization algorithms for many years.  He is the author of the non linear
solver embedded in Excel.  Leon will be visiting on Friday 19th and will give
a talk at 11:30 in 19c2.  See the attached abstract for in-depth details.

Tom Halliburton


---------------------- Forwarded by Darron C Giron/HOU/ECT on 01/17/2001
11:55 AM ---------------------------

"Brent Wallace" <bwallace@zahrsecurities.com> on 01/17/2001 11:57:12 AM
Please respond to <BWallace@zahrsecurities.com>
To: "Philip Owens" <philipowens@hotmail.com>, "Mike Dickey"
<mikedickey@snpump.com>, "Maria Pokluda" <mpokluda@hotmail.com>, "Joe@gallup.
com" <Joe@gallup.com>, "James Conlee" <jconlee@tradecast.com>, "Jeff Young"
<jyoung@tcast.com>, "Greg Gillette" <greg@amveco.com>, "Doug Benditz"
<doug@cont-casing.com>, "DENFETTERS@aol. com" <DENFETTERS@aol.com>, "Darron.
C. Giron@enron. com" <Darron.C.Giron@enron.com>, "Chris Cooper"
<chris@savatech.com>, "Ben Rollman" <BRollman@protrader.com>
cc:
Subject: FW: Total Regret

Sunflower
> >
>  >
> >
> >
> >? A woman awoke during the  night to find that her
> >? husband was not in bed.? She put  on her robe and went
> >? downstairs. He was sitting at the  kitchen? table with
> >? a cup of coffee in front of him. He  appeared to be
> >? in deep thought,? just staring at the  wall. She saw him
> >? wipe a tear from his eye and take a sip of  his coffee.
> >? "What's the matter dear? Why are you down here  at this
> >? time of night?" she asked.
> >? "Do  you remember twenty years ago when we were dating, and you were
only
> >16?" he asked.
> >"Yes, I do," she replied.
>  >"Do you remember when your father caught us in the back seat of my car
> >making love?"
> >"Yes, I remember."
> >"Do you  remember when he shoved that big shotgun in my face and said,
>  >"Either you marry my daughter or spend twenty years in jail?"
>  >? "Yes, I do," she said.
> >
> >? He wiped  another tear from his cheek and said, "You
> >? know.....I would  have gotten out today."


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Please remove me from this list.? My email address on the list is:
m.lamoureux@ieee.org
I presume this list can be configured to only reply to sender, instead of
everyone on the list.? With the latter being the apparent case at the moment,
everyone please forgive my contribution to the large number of emails.

____________________________________________________________
Marcel A. Lamoureux, M.A., Ph.D. (cand.)


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude29.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas29.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil29.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded29.pdf

Nov WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clx-qox.pdf
Dec Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Dec Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Dec/May Heat Spread     http://www.carrfut.com/research/Energy1/hoz-hok.pdf
Jan/Feb Heat Spread     http://www.carrfut.com/research/Energy1/hof-hog.pdf
Nov Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hux-hox.pdf
Dec Gas/Heat Spread     http://www.carrfut.com/research/Energy1/huz-hoz.pdf
Nov/Mar Unlead Spread
http://www.carrfut.com/research/Energy1/hux-huh.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG29.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG29.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL29.pdf

Scott Oblander
312-762-1015
312-762-1014 fax
Carr Futures
150 S. Wacker
Suite 1500
Chicago, IL 60606


Notice No. 01-160
May 15, 2001

TO:
All NYMEX Division Members/Member Firms
All NYMEX Division Clearing Members
All NYMEX Division Floor Traders
All NYMEX Division Operations Managers

FROM:
George Henderson, Vice President

RE:
Options Expiration Operational Procedures for the Trading Floor and Clearing
Members
________________________________________________________________

The expiration date for the June 2001 options contract for Gasoline-Crack
(CGM1) and Heating Oil-Crack (CHM1) is Monday, May 21, 2001.

GENERAL OPERATIONAL PROCEDURES

All Clearing Members and Qualified Floor Traders that carried an options
position as of the close of business day prior to the expiration day, or
engaged in trading activity on Expiration Day in the expiring options
contract will be required to have a knowledgeable, duly authorized
representative present at their normal work station promptly at 5:30 p.m.
until released by the Exchange staff as specified below.  All adjustments
and/or corrections, must be accompanied by relevant supporting documentation
prior to being incorporated into expiration processing, in essence making the
expiration processing an extension of the afternoon trade resolution
procedures.  All input to the NYMEX Clearing Department will conclude no
later than 30 minutes after floor representatives are released.

Exchange Clearing (299-2110), Floor Trade Correction (299-2068 and 299-2169)
personnel, as well as a representative of the Floor Committee will be
available to assist with the processing of notices of Exercise and
Abandonment, position transfers, trade corrections and other questions or
problems you may have.

CLEARING DEPARTMENT OPERATIONAL PROCEDURES

The Option Expiration process is a screen based process for which all
information is provided on the screens on C21 terminals. No Option Expiration
Reports will be provided. The following screens will assist you through the
Option Expiration process:

MEMBER TRADE INQUIRY
Contains real-time top day trade information, trade information for the
previous 4 business days and trades adjusted for the previous 4 business days
by adjustment date.

SINGLE POSITION MAINTENANCE
Contains a real-time snapshot for each option series from the start of day
position to the projected end of day position.

REVIEW ACCEPT REJECT TRANSFERS
Contains all trade and position transfers "TO" your firm and the status of
each transfer.

REVIEW SUBMITTED TRANSFERS
Contains all trade and position transfer "FROM" your firm and the status of
each transfer.

EXERCISE NOTICE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to exercise.

DO NOT EXERCISE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to abandon.

POSITION CHANGE SUBMISSION
PCS may be submitted either by manual input or by electronic transmission.
Any PCS input on a Clearing 21 terminal will be the input processed by the
system.  This input may be made at any time prior to 6:45 p.m.  Any PCS input
via transmission for that contract series will be disregarded.

ALL POSITIONS ARE DEEMED FINAL
Upon completion of all PCS input, all positions will be deemed final.

EXERCISE/ASSIGNMENT INFORMATION
Will be available to you on the Single Position Maintenance window by
contract series or the Assignment List window which contains all your
Assignments on one window. You will be notified of its availability by C21
E-Mail and by Fast Facts. This should occur within 1 hour of the last PCS
input.

All Clearing Members are required to have an authorized representative(s) at
their C21 workstations in preparation for any communication during the
expiration process.

FAST FACTS
Clearing Members should call the Fast Facts information service 301-4871,
access code 700 for event messages advising Members of the event status.

E-MAIL
Clearing Members should read their C21 E-Mail messages immediately to be
aware of event status.

The standard event Fast Facts and/or E-Mail messages and the sequence in
which they will be announced are:

Standard Event Message: Announce Out-of-the Money Exercise and In-the-Money
Do Not Exercise Submissions
Approximate Time of Message Availability: 5:45 PM
Usual Event Time: 5:45 PM
Announced via Fast Facts

Standard Event Message: Announce Final Input to C21 Cutoff Time
Approximate Time of Message Availability: 6:30 PM
Usual Event Time: 6:45 PM
Announced via e-mail

Standard Event Message: All positions are deemed final
Approximate Time of Message Availability: 7:30 PM
Usual Event Time: 6:45 PM
Announced via Fast Facts

Standard Event Message: Announce Exercise/Assignment Information Available on
the Single Position Maintenance Windows
Approximate Time of Message Availability: 8:25 PM
Usual Event Time: 8:30 PM
Announced via Fast Facts and e-mail

Standard Event Message: All Report Distribution is completed
Approximate Time of Message Availability: 11:00 PM
Usual Event Time: 11:00 PM
Announced via Fast Facts

The times appearing in the Usual Event Time column are based on normal
operational conditions and could vary.

NYMEX EXPIRATION DAY PROCESSING OVERVIEW OF MEMBER REQUIREMENTS

Time: 5:30 PM
Activity: Exercise Notice Submission
Event: Input to C21 Cutoff Time
Reference Number: 1

Time: 5:30 PM
Activity: Do Not Exercise Submission
Event: Input to C21 Cutoff Time
Reference Number: 2

Time: 5:45 PM
Activity: Announce Out-of-the-Money Exercise and In-the-Money Do Not Exercise
Submissions
Event: Fast Facts Notice
Reference Number: 3

Time: 6:30 PM
Activity: Announce Final Input to C21 Cutoff Time
Event: C21 E-mail
Reference Number: 4

Time: 6:45 PM
Activity: Final Input to C21 Cutoff Time
Reference Number: 5

Time: 7:30 PM
Activity: All Positions are Deemed Final
Event: Fast Facts Notice
Reference Number: 6

Time: 8:25 PM
Activity: Announce Exercise/Assignment Information Available on the Single
Position Maintenance Windows
Event: Fast Facts Notice and C21 E-mail
Reference Number: 7

If you have any questions concerning these procedures, please contact Charles
V. Bebel at 299-2130, Angel Rivera at 299-2150 or Anthony Di Benedetto at
299-2152 prior to the expiration date.

__________________________________________________
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=(01-160)"

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.


---------------------- Forwarded by Steven J Kean/HOU/EES on 08/07/2000 07:55
AM ---------------------------

EIS Billing@ENRON
08/04/2000 03:30 PM

To:	Steven J Kean/HOU/EES@EES
cc:

Subject:	Monthly Billing - Detail Class 845 / s100105.xls

Year 2000 changes:
Phone charges:  Phones are being charged to the person's company and cost
center where possible, otherwise rent as before.  The description will start
with People\ or Room\ unless it was entered manually at the source.
Data connections:  One connection is being charged for each room instead of
one connection for each port in a room.

Attached  are spreadsheets with the detail supporting the expenses for
telephones, data ports, EDI, Enterprise LAN, Enterprise Help Desk, video
conferencing, Internet access, email, and other services provided to Enron
business units by Enron Information Services.

EIS billings for items attached to the room, such as phones and data ports,
and people specific services for contractors, such as LAN ID's and AT&T
calling cards, are billed to the same company and cost center as room rent in
EB or 3AC.  For Omaha, EIS uses a phone database maintained by Tammy Anderson
for this purpose.

People specific services for employees are billed to the company and cost
center corresponding to the employee's HR company and department. Video
conference usage, data circuits, Ardmore usage, EDI, and web site billings
are based on a company and cost center furnished by the person requesting the
service.

EIS bills services on a one month lag.  We take a snapshot of the Corporate
Administrative Services rent file for each room in EB and 3AC, of the Omaha
phone database for each room in Omaha, and of the HR company and department
for each employee.  This snapshot is taken at the end of each month for use
as a source for billing information.

Please examine these billings for accuracy.  If our billings are incorrect,
generally speaking either the rent should be corrected by contacting
Corporate Administrative Services or the person should be moved to the
correct HR department by contacting your HR representative.  If the room
number is incorrect on the phone or long distance billings, this may be
corrected by sending the room number along with the telephone number to Notes
Mail ID "Move-Team".


Ken,
Laurel will be sending the spreadsheet from now on.   I asked her yesterday to include you on the distribution.
I will be out of the office next week.   Clint Dean will step in for me.

Thanks,
JMF

 -----Original Message-----
From: 	"Kenneth Parker" <kbparker@tecoenergy.com>@ENRON [mailto:IMCEANOTES-+22Kenneth+20Parker+22+20+3Ckbparker+40tecoenergy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, September 25, 2001 10:55 AM
To:	Forney, John M.
Subject:	Spreadsheet

John - Don't forget to add me to your spreadsheet distribution.

kbparker@tecoenergy.com

Thanks,

Ken


Andrea,

If I left anything out, please let me know.  Also, we have an office in
Chicago and they are looking for an Analyst also.  I have some
responsibilities for the Chicago region as well as the West region here in
the Houston office.  Richard Tomaski (312-541-1231) is the lead trader in the
Chicago office and I told him I would mention this request to you.  Will you
please call him at your convenience so he can elaborate on the situation.
Thanks.

DG    3-9573

	Enron North America Corp.

	From:  Andrea Richards @ ENRON                           12/06/2000 09:06 AM

To: Darron C Giron/HOU/ECT@ECT
cc: Jana Giovannini/HOU/ECT@ECT
Subject: Analyst Needs Assessment Form

Darron, per my conversation to you this morning, please complete the attached
"Needs Assessment Form " and return to me so that I may forward resumes to
you of candidates that fit your need.

Thanks!
Andrea
x36499
---------------------- Forwarded by Andrea Richards/NA/Enron on 12/06/2000
09:05 AM ---------------------------

Shelly Jones@ECT
12/05/2000 06:32 PM
To: Jana Giovannini/HOU/ECT@ECT, Andrea Richards/NA/Enron@Enron
cc:

Subject: Analyst Recruiting

for you
---------------------- Forwarded by Shelly Jones/HOU/ECT on 12/05/2000 06:32
PM ---------------------------

	Enron North America Corp.

	From:  Darron C Giron                           12/04/2000 09:34 AM

To: Shelly Jones/HOU/ECT@ECT
cc:
Subject: Analyst Recruiting

Shelly,

I am looking for an Analyst to fill a position in Gas Risk Management.  I am
the West Desk Controller and report to Jeff Gossett.  I think a Book
Administrator role is a good position for an Analyst.  We have had success in
with Analysts in our group.  I think it presents a good opportunity for them
as well.  Please let me know how I can get on a list to talk with potential
candidates.  I am ignorant of the process, so if I am presuming something
incorrect, I would appreciate info on how this is supposed to work.  Thanks
for your help.

DG    3-9573


Mark:
Just 2 thoughts on the new draft:

1. In the definition of Global Early Termination Date, how does this work
with the new Section 16 concept that Alicia has added to the Schedules
whereby the termination of Transactions that raise Section 16 problems may be
delayed?

2. Does Section 5.06 conflict at all with the proviso in the Limitation of
Liability sections of both Schedules?

Carol


Kay and Greg:

Please see the attached information from Citibank.  The form escrow
agreement attached below is the document that our escrow agreement is based
from, so we can ignore the blank form for now.  The remaining documents are
items required for a Citibank escrow, namely an incumbency certificate from
each party and a fee schedule.  Also included are money market investment
options.  It seems that finance input from the clients may be desirable at
this point with respect to the escrow agreement and related documents.

At Citibank's request, I furnished them a copy of the letter agreement
calling for the establishment of the escrow arrangement.  Once we are in
agreement on the form of the escrow agreement and the disbursement
instructions, we need to forward those items to Citibank as well for their
review.  Please advise.  Thank you.

Carolyn M. Campbell
King?& Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

-----Original Message-----
From: Maher, Andrea M [mailto:andrea.m.maher@citi.com]
Sent: Tuesday, April 10, 2001 5:05 PM
To: 'ccampbell@kslaw.com'
Subject: Citibank's Standard Escrow documentation

Caroline,

As per our conversation please find attached the following documents:

 * Citibank's Standard Escrow Agreement
 * W-9 Tax forms
 * Incumbency Certificate
 * Money Market Investment Options
 * Fee Schedule

Please provide me with a copy of the Underlying Agreement for this
transaction as soon as is convenient.  You can provide your comments on the
escrow agreement to Estelle Lawrence via email when you are ready.

Call me with any questions,
Andrea

 <<Escrow.doc>>  <<Form-W-9-2000.pdf>>  <<INCUMB1.DOC>>  <<Immf25.doc>>
<<Enron-F6.doc>>

Andrea M. Maher
Citibank Agency & Trust Services
Tel: 212-657-1007
Fax: 212-657-4009
andrea.m.maher@citi.com

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - Escrow.doc
 - Form-W-9-2000.pdf
 - INCUMB1.DOC
 - Immf25.doc
 - Enron-F6.doc


The box will be turned on Wednesday.  Thanks for the email regarding my
baby.  Talk to you in the morning.

Sincerely,

Mike Grigsby


Michelle,

The name of the DB Administrator for Enpower is Charlene Fricker,
5-3487. Alex will contact her regarding the access to the curve.

I think it's a problem many layers below Gary Hickerson's level
of responsibility and I hope we can handle it without using his valuable
time.

Vince


Lynn Dekrey is the guy Mitch negotiated the deal with.  Lynn left me a
message on Monday and said he didn't see a problem, but he didn't give me a
day we could expect the letter.  I would expect it this week.

ckm

From: Stuart Zisman@ECT on 02/28/2001 06:37 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

Who is Lynn and when can we expect the follow up letter (i.e. the one that
expressly permits an increase in output at the Wheatland Plant)?

Stuart


Mark Elliott just introduced me to another charming aspect of English
culture, the Morris Men.  I've got their website bookmarked.  Y'all are a
goofy bunch.  Dancing around in strange costumes, beating each other with
switches.  It's funny, each one of you imparts different aspects of English
culture to me.  I am constantly amused!  If y'all would only cheer at
marathons...!


This is the press notice on the vote taken today at the FERC on the
California bulk market investigation.


http://www.spillway.com/
"Morgenthaler sent us this link to Spillway - go check the section called The People's Photos Archive.. photos that people have found in attics and such, with other people's comments and suggestions for what is going on in the images."


Read about Enron's inclusion on the Gay Financial Network's "gfn.com 50" in eBiz.

Also in this issue:
FGT's Phase IV expansion
Clickpaper.com is added to two industry web sites
EES uses the 'Net to catch new customers
Learn what a swap is

It's all in the latest eBiz .  Go to home.enron.com , click Publications, then click eBiz, and "eBiz May 11, 2001."


Arnold, I  have attached a spreadsheet showing what information I need to
complete the air permit applications.  I have set the Flagstaff site as the
model, due to its elevation and temperature which is the worst case site.
Let me know if there are any problems with the attached data request.

Arnold L Eisenstein@ENRON_DEVELOPMENT
05/08/2001 11:31 PM

To: Larry Campbell/ET&S/Enron@ENRON
cc:

Subject: Re: Red Rock GE/NP Emissions

Fax:   Davide Iannucci, Project Manager
 (39) 055423 2800

 tel: (39) 055423 2920
 or e-mail davide.iannucci@np.ge.com

we are here thru Thursday (Italy time 7 hours ahead of Houston)

Larry Campbell@ENRON
05/07/2001 03:09 PM
To: Arnold.L.Eisenstein@enron.com
cc:
Subject: Re: Red Rock GE/NP Emissions

Arnold, I assume that when you say you are at the factory, you mean Italy.
If so, is it possible for you to get a fax?  If so, I could fax over to you a
template of what information I need.  If not, Ill give you a list of the
engine parameters.  Let me know...

Arnold.L.Eisenstein@enron.com on 05/07/2001 10:14:14 AM
To: Larry.Campbell@enron.com
cc:

Subject: Red Rock GE/NP Emissions

Larry,

could you draft a template for NP the way you want them to give the
emissions warrenty to support your filing.

we are at the factory and could care of this now.

Arnold


Revised copy of PDA.
Ben


Drew -- are you having problems approving contracts?    Thanks.  Jean


Good morning Toni:

The Research Group would like to bring in Jerzy Jarosz for an exploratory
interview at his convenience..

The interviewers from the Research Group would be:

Vince Kaminski
P. V. Krishnarao
Zimin Lu
Paulo Issler
Tanya Tamarchenko
Stinson Gibner
Grant Masson (if the interview is after the 18th of July)
Vasant Shanbhogue (if the interview is after the 21st of July)

From other departments:

Ted Murphy
Bill Bradford
Gary Hickerson

His resume is attached.

If you need any other information, please let me know.

Thanks!


Co-owners volumes included, plus please note he will be sending revisions
this afternoon for
all other pipes.

Beverly
---------------------- Forwarded by Beverly Beaty/HOU/ECT on 07/27/2000 02:09
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Steve Holmes" <Steve.Holmes@dvn.com>
07/27/2000 02:04 PM

To: <Beverly.Beaty@enron.com>
cc:
Subject: Re: August 2000 Estimated Availabilities

Attached are the co-owners volumes.  I will furnish revised Devon volumes
this afternoon.  I noticed you have a PVR of 10% on the American Central
volumes.  Chad Cass at Duke says this should be closer to 22%.  The 10%
applies to MCF.

Thanks,
Steve

>>> <Beverly.Beaty@enron.com> 07/27/00 01:52PM >>>

Good afternoon....

Do you have any co-owners volumes yet?  or any revisions from the previous
e-mail?

Thanks,
Beverly

 - 0800Co-Owners Volumes to Enron.xls


3:30 Thursday, Central Time happens to fall exactly to the minute on a time
when I have to be on the phone with Mark Haedicke and Elizabeth Sager.  I
cannot move that time.  Can we go earlier or move it to Friday?  I am trying
to get the cases to you as soon as I can. ----cgy

 -----Original Message-----
From:  Shackleton, Sara
Sent: Tuesday, June 05, 2001 7:07 AM
To: Yoder, Christian
Subject: Re: Schedule meeting with Mark Taylor for Thursday, June 7

Christian:  Please mark this time on your calendar to speak with Mark T.:
3:30 Houston/1:30 Portland.  We'll call you.

Will Pat Boylston send over 1 or 2 cases for us to review prior to the call?

Thanks.

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
----- Forwarded by Sara Shackleton/HOU/ECT on 06/05/2001 09:00 AM -----

	Holly Keiser@ENRON_DEVELOPMENT 06/05/2001 08:36 AM 	  To: Sara
Shackleton/HOU/ECT@ECT  cc:   Subject: Re: Schedule meeting with Mark Taylor
for Thursday, June 7 << OLE Object: StdOleLink >>

Sorry... you mentioned that in the subject line.

3:30 pm on Thursday.

Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com

	Sara Shackleton@ECT 06/05/2001 08:19 AM 	  To: Holly
Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT  cc:   Subject: Re: Schedule
meeting with Mark Taylor for Thursday, June 7 << OLE Object: StdOleLink >>

I'd like to meet Thursday, June 7

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

	Holly Keiser@ENRON_DEVELOPMENT 06/05/2001 07:34 AM 	  To: Sara
Shackleton/HOU/ECT@ECT  cc:   Subject: Re: Schedule meeting with Mark Taylor
for Thursday, June 7 << OLE Object: StdOleLink >>

Sara -- I've scheduled 3:00 PM following today's Legal/Credit meeting.  If
you prefer later, please let me know.

Thanks!
Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com

	Sara Shackleton@ECT 06/04/2001 06:12 PM 	   To: Holly
Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT  cc:   Subject: Schedule meeting
with Mark Taylor for Thursday, June 7

Does Mark have time in the afternoon to meet with me and Christian Yoder
(Portland - 2 hours earlier than CST)?  The topic is "Washington State
PUD's".  I'd schedule about an hour.  Thanks.

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


?	Corp. VAR came in this morning at $99.8MM, up approx $10MM.  Specifically, Americas business unit VAR is at $88MM, up approx $10MM.  Six came from the gas desk and four came from the power desk, mostly East power.

On Friday, we recognized that all desks were under their limits, leaving us the option of either temporarily lowering desks trading limits, or having the management reduce its risk.  (Lack of desk diversification, thereby limiting available VAR for yourself to trade.)

Please let me know next steps.

Frank


The following items were discussed in this weeks corporate change control...

Feb 27
From 5:00 - 6:00 p.m., Enron Network Services will block all ICMP messages from all Internet routers.  These changes will be made on the Houston, Ardmore EIN, and Omaha Internet routers.  No impact is expected.

Feb. 27
From 9:00 - 10:00 p.m., the Messaging team will upgrade Nahou-MSBES01P, Nahou-MSBES02P and Nahou-MSBES03P to SP2 and apply a hotfix.  This change will result in a five minute delay sending and receiving Blackberry messages.

Feb 28
From 7:00 p.m. through 3/1 at 1:00 a.m., the Unix team will upgrade the ftp.enron.com server from existing Ultar2 to E450 as well as upgrade ftp to Proftp ver. 1.2. This maintenance will result in a total outage of the ftp.enron.com site.  The old sites moby.enron.com and sparky.enron.com will no longer exist after this change.  Support staff should ensure jobs going to the enron ftp server use ftp.enron.com.  Any questions about this maintenance, contact me at 713-853-3381 or 713-859-6676.

Mar. 6
At 12:00 p.m., the Gas Measurement team will decommission the MIPS server (IP address 192.168.175.62).  All users and processing should be pointing to PGAS as the MIPS system is not longer being updated. The MIPS server will be powered off at this time but the equipment will not be moved until later.

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


Carol & Sara-
The original Bank of America letter of credit number 3024519 should be returned to:
                          Fortis Capital Corp.
                          ATTN: Jonathan Fronda
                          Three Stamford Plaza
                          301 Tresser Blvd.
                          Stamford, CT  06901-3239
I am informed that a letter of cancellation signed by an authorized representative of Enron North America Corp. should also accompany the original letter of credit and all amendments.  A facsimile of this cancellation letter is acceptable if transmitted to 203-705-5898 (ATTN: Jonathan Fronda).  A copy of the overnight courier air waybill should be attached to the facsimile.
I understand that Don Perkins has also started the process to confirm Fortis Capital Corp. letter of credit number 011290 through the parent company, Fortis Bank, as well as making the correction we discussed earlier (delivery of gas).
Please call me if you have any questions.
Thank you for your assistance in this matter.
Linn Evans
Black Hills Corp.
P.O. Box 1400
625 Ninth St. - 3rd Fl.
Rapid City, South Dakota  57709
T: 605.721.2305
F: 605.721.2550
C: 605.390.6003


Monika,

Please find tomorrow's Market Wrap attached.  You'll note that I modified the format slightly, but in general it's the same.  Have a great weekend and enjoy your time away from the office.  See you next week sometime.  Thanks.

KC


Please place me on the list for space in  the met.

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


I guess my new address is chris.germany@enron.com

---------------------- Forwarded by Chris Germany/HOU/ECT on 03/24/2000 07:29
AM ---------------------------
From: ECT Notes Admin on 03/24/2000 01:07 AM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: @ect.enron.com email notification!

We are one @enron.com!

Please be aware of the following senders were automatically notified to (a).
stop sending internet mail to your @ect.enron.com address and to (b). send
future internet communications to Chris.Germany@enron.com :

mgermany@CH2M.com, insider@previewtravel1.m0.net

REMINDER :
Your @ect.enron.com address should not be used any longer and will be
deactivated soon.  So please make sure these contacts switch to your new
@enron.com address.  If you have subscribed to mailing lists, please make
sure to update your addresses there as well.
AND
Your shortname@enron.com address (i.e. jsmith@enron.com) will continue to
work, even though your formal address is longname@enron.com (i.e.
john.smith@enron.com)

Please do not reply to this message as it was automatically generated.


I do not understand why people are running around creating information from scratch that we already posess.

-----Original Message-----
From: McVicker, Maureen On Behalf Of Kean, Steven J.
Sent: Wednesday, December 05, 2001 1:39 PM
To: Bowen Jr., Raymond; Brown, Michael - COO London; Buy, Rick; Callahan, Timothy; Causey, Richard; Delainey, David W.; Derrick Jr., James; Dietrich, Janet; Fallon, Jim; Frevert, Mark; Haedicke, Mark E.; Hannon, Kevin; Horton, Stanley; Hughes, James A.; Kean, Steven J.; Kitchen, Louise; Koenig, Mark; Lavorato, John; Leff, Dan; Mcconnell, Mike; McMahon, Jeffrey; michael_1_brown@hotmail.com; Shankman, Jeffrey A.; Sherrick, Jeffrey; Sherriff, John; Umanoff, Adam; Wantschek, Lloyd; Whalley, Greg
Cc: Connell, Naomi; Davis, Hardie; lsherriff@btinternet.com; Oxley, David; Rieker, Paula; Schultea, Kathryn; Shaw, Eric
Subject: FW: Non US Locations
Importance: High

-----Original Message-----
From: Davis, Hardie
Sent: Wednesday, December 05, 2001 11:11 AM
To: Kean, Steven J.
Subject: FW: Non US Locations

A few more details ................   Again, most of the EGA companies' ownership trail includes all Enron ownership through a number of Enron entities.  Through further research, we found a few more that don't totally fit that mold:

Elektro - Electricidad e Servicos S.A. in Brazil  .... 38% of this company if publicly held with the remainder held by Enron entities.
EPE - Empresa Productora de Energia Ltda in Brazil has outside owners including Shell and LJM Brazilco and Interjuris S/C Ltda. a.k.a. Shell Cuiaba Holdings owns two shares and has a 1% direct ownership interest and one Board vote.
Energia Ltd, another Brazil operation, is owned by ENBRAS which in turn in owned by Enron Corp.   (Shares of the company are pledged to Westdeusche Landesbank Gironzentrale as of 22 Feb. 01.

Again, this may be more information than you ever wanted or needed but thought you might like to know.

-----Original Message-----
From: Davis, Hardie
Sent: Wednesday, December 05, 2001 10:17 AM
To: Kean, Steven J.
Subject: RE: Non US Locations

Steve:

As stated earlier, many of the company names on the list that was provided either do not exactly match what we have in corporate records or there is such a long list with very similar names that we have just made assumptions in most cases regarding ownership.

We can assure you that, for the most part, you have placed the companies in the correct business bucket (i.e., Corp., ENA, EES, etc.).  There are a few, however, that may be incorrectly categorized, as follows:

EA:             ECT Non U.S. Payroll Company (there is no such entity, but I would assume these folks are paid by ENA)
                   Enron Capital & Trade Resources in London, UK  (may actually be Enron Europe company called Enron Capital & Trade Resources Limited)

EBS:           Broadband Solutions Pvt. Ltd. (actually comes up to Corp. through a long complicated chain of companies associated with Atlantic Commercial Finance)

EEOS:        Enron Engineering & Construction and the former NEPCO are both organized under EESO whose ownership remains Enron Corp.
                   The NEPCO in the UK could actually be NEPCO Europe Ltd. whose ownership is tied to Enron Europe.

EES:           Enron Direct LTD Partnership is actually an Enron North America entity
                    The others are either EES or bundled under EES even though they are thought of as Enron Facilities Services/Limbach companies

EGA:         Here's where the going gets tough because the vast majority of these Enron Global Assets entities have very complicated organization structures with
                 complicated, multi-layers structures that eventually lead back to Enron Corp. ownership.  As you know all of the old subsets (i.e. APACHI, CALME, etc.) have
                 gone away and everything international is now EGA.    To the best of our knowledge, all of these entities and their employees are Enron managed.
                 Following are the exceptions and/or unusual organizational structure that should be noted:
                    Electricidad Enron de Guatemala S.A. actually reports up through ENA
                    San Juan Gas Company, Inc. in Puerto Rico is a direct sub of Enron Corp. (100% owned)
                    Enron American del Sur, S.A.  is an Enron Corp./Enron Transportation Services entity
                    No entity called Enron Singapore .... more than likely Enron Capital & Trade Resources International Singapore which is Enron North America company.

EIM:         No Stadacona Paper Company but it  is probably Compagnie Papier Stadaconda which is owned in a complicated structure through a Netherlands EIM
                Holdings Company and then through Sundance Industrial Partners including Enron Industrial Markets GP Corp. as the general partner and a list of Limited
                Partners including ENA, Enron Corp. and a non-Enron entity (Salomon Brothers Holding Company, Inc.)

ENW:        Enron Net Works, LLC is a wholly owned Enron Corp. company

EWC:        The Enron Wind Group is all part of Enron Renewable Energy Corp. which is owned by Smith Street Land Co., an Enron Corp. company, but many of the
                 names listed here do not correspond to any official names on our list.   For instance there is no Enron Wind Greece but it may be Enron Wind Hellas, S.A.;
                 no Enron Wind UK, no Enron Wind India .... but regardless, they are all part of the EWC/EREC family.

GLOBAL    These entities all are a part of Enron Global Exploration & Production, Inc., which is owned by Enron Corp., but one has indirect outside ownership.
 EP:           Enron Oil & Gas India Ltd., for instance, is owned by Enron Asst Holdings, which is owned by Enron Finance Partners, which is part of a complex ownership
                 structure that includes one non-Enron entity (Zephyrus Investments, LLC) with a small interest.

Again, I hope this information is helpful.  For the most part the list appears to be in order except for the ones mentioned and for the fact that so many of the names are incomplete and hard to definitively track.  Let my group know if we can be of additional assistance.

Hardie

Angus H. Davis
Vice President
Corporate Secretary Department
Enron Corp. & Subsidiaries/Affiliates
(713) 853-6941
hardie.davis@enron.com

[Davis, Hardie]  -----Original Message-----
From: Kean, Steven J.
Sent: Tuesday, December 04, 2001 3:01 PM
To: Davis, Hardie
Subject: FW: Non US Locations

Per our conversation
-----Original Message-----
From: Schultea, Kathryn
Sent: Tuesday, December 04, 2001 11:30 AM
To: Kean, Steven J.
Subject: Non US Locations

Here you go.  Call with questions.


Here is May 3rd edition....prevented again from being sent out due to Outlook
problems we were experiencing yesterday.

This information is for the private use of the recipient and may not be
disclosed to any other entity (including affiliates) without the prior
written consent of Enron North America.  All of the above prices are
&indicative8 prices  and are subject to change depending upon changing market
conditions and liquidity.  The transactions are also subject to negotiation
of mutually acceptable definitive agreements, satisfactory credit
arrangements and the approval of the respective management,s of our two
companies. This term sheet is not intended to create a binding or enforceable
contract nor is it an offer or a commitment to enter into any transaction.
All terms are subject to change until  agreement as to a specific transaction
has been reached.  ENA is not acting as a fiduciary or advisor and you should
evaluate and understand the terms, conditions, and risks of all transactions
in making your decisions with respect theret


Hey GT,  When are you coming to H-town?


Dear Tony,

Please be advised that the cooldown operation itself is going well.
We lost abt 12 hrs during our purge operation of tks 2 and 3 due to
the requirement of the CO2 content in the return gas. The limit was
abt 50 ppm.  The reason for this is that the plant is normally
sending the returngas back to the process and to avoid any icing in
the system.

Commenced purging tk 2 and 3  :11th 0240
Completed    :12th 0250  (CO2 90 ppm, allowed to
start cooldown)
Commenced cooldown tk 3 and 4 :     0300

Now, 1800lt 12/3, tks 3 and 4 is down to - 79 and -81 C respectively
and we expecting to be finish with the cooldown itself within 5 hrs.
Then cooling down the cargo line ( 1hr ), loading (2 hrs), paper work
and dept (2 hrs).  The remaining tks will be cooled down during the
voy. to Bahrain.

Etd 13th 0400lt
Eta Bahrain 14th 1700lt

Re yr travelling to Muscat/Sur

Have advised the agent, Towell Barwil, that you are arriving
Muscat/Sur in connection with the first loading. Kindly advice the
Agent (PIC Mr. Irwin Peiris), abt. yr travelling details and they
will arrange for transport and hotel in Sur.

Reverting.

Best regards

Capt Kjell Kvammen    LNG/C "Hoegh Galleon"

Brgds Oe. Hansen
Master

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


---------------------- Forwarded by Katherine L Kelly/HOU/ECT on 04/19/2000
03:25 PM ---------------------------

	Enron North America Corp.

	From:  Rebecca W Cantrell                           04/19/2000 02:44 PM

To: Chris Meyer/HOU/ECT@ECT, Ruth Concannon/HOU/ECT@ECT, Theresa
Branney/HOU/ECT@ECT, George Smith/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT,
Ray Hamman/HOU/EES@EES, Carrie Hollomon/HOU/ECT@ect, Robert
Superty/HOU/ECT@ECT, Laura Luce/HOU/ECT@ECT, Cary M Carrabine/HOU/ECT@ECT,
Colleen Sullivan/HOU/ECT@ECT, John Hodge/Corp/Enron@ENRON, Judy
Townsend/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Paul Tate/HOU/EES@EES, Stephanie Miller/Corp/Enron@ENRON
cc:
Subject: ANR Wins on Transco Interconnect Complaint!

Well, they will probably file a court appeal, but it doesn't look good.

NGI's Daily Gas Price Index
 published : April 19, 2000

               ANR Gets Green Light for Transco Interconnect

      ANR Pipeline last week won a two-year battle at FERC to build a direct
interconnect to Transcontinental
      Gas Pipe Line's mainline facilities at Evangeline Parish, LA --- near
the site of an active natural gas sales
      market.

      On rehearing, the Commission upheld a July 1998 order granting a
complaint in which ANR accused
      Transco of discriminating against it by denying a request to construct
minor interconnection facilities that
      would provide its shippers with direct access to gas sales markets on
Transco's system at Evangeline.

      Specifically, the Coastal Corp. pipeline has fought to obtain a direct
connection to Station 50, which is one
      of several compressor stations on Transco's mainline serving as pooling
points. There, producers and
      marketers sell gas to LDCs and other buyers who hold firm capacity on
Transco for shipment to
      downstream markets. The gas sale market at Station 50 is said to be a
"premium one."

      In order to get their gas to Station 50 now, ANR shippers must deliver
gas via ANR's existing
      interconnection on Transco's Central Louisiana Lateral at Eunice, LA,
and then purchase interruptible
      transportation (IT) service on Transco for a distance of about 7.4
miles. So, in effect, ANR shippers
      currently must pay "stacked rates" for service on ANR's existing
interconnect and for service on Transco's
      IT feeder to reach Station 50.

      But the Commission last week found that ANR's request for a direct
interconnection at Evangeline was
      reasonable under three different analyses. "First, the evidence shows
that Transco has provided no
      reasonable justification for denying ANR's request, given Transco's
history of granting such requests made
      by similarly situated parties," the order said [CP98-74]. Six pipelines
other than ANR currently have direct
      interconnections on Transco's mainline in the Gulf region that were
established prior to Transco's
      restructuring under Order 636, and none of the shippers pay an IT rate
in order to get gas to Transco's
      mainline markets, according to the order.

      Secondly, evidence suggests the denial of an interconnection for ANR
has led to "specific competitive harm
      to the operations of sales markets on Transco's mainline," the
Commission said. That's because buyers at
      Station 50 have been barred access to the competitively priced gas
supplies that ANR's shippers seek to
      offer, FERC noted. Lastly, it said the establishment of the Evangeline
interconnect for ANR was required
      under the new five-step interconnection policy for gas pipelines, which
FERC unveiled last week.

      In upholding the July 1998 decision, the Commission overturned an
administrative law judge's (ALJ) initial
      findings that competition hadn't been adversely harmed at Station 50,
and that FERC's prior approval of the
      IT feeder system provided "appropriate support" for Transco to deny ANR
the Evangeline interconnect.

      "We are persuaded by the record in this case that ANR cannot offer a
pipeline transportation service
      reasonably competitive with those provided by Transco and other
interstate pipelines, without the
      Evangeline interconnect, a minor facility consisting of valve access to
Transco's mainline," the order
      concluded.

      The Commission also rejected Transco's claim that it partly denied
ANR's request for the Evangeline
      interconnect because it would have led to a revenue loss on its IT
Feeder system. As the FERC staff noted,
      "six other interstate pipelines currently use mainline interconnects
[on Transco].....but no evidence indicates
      the extent of even arguably identifiable business loss from these
pipeline competitors," the order noted. If
      anything, "Transco has accorded itself an anti-competitive
preference.....to assure that its own IT service is
      used in lieu of the potential alternative proposed by ANR."


Please let me know if you have any questions.
Thanks,
Sean


Gerald - the below attachments represent  all the correspondence that Bison
has sent Barbara DIllard.  The relevant documents are BisonPAgree.doc and
BisonPA.doc.  These two documents represent the Precedent Agreement and "side
letter" that more or less changes the P.A. from a binding agreement to a 30
day option upon notice from Border.  Please review ASAP.  The deadline is
next week Thursday.  FYI - Border has informed me that all participants in
the open season will sign the P.A.  Therefore, they will not accept changes
(or so they say!).

I'll call you on Tuesday.

Chris
x31666

---------------------- Forwarded by Chris Meyer/HOU/ECT on 02/16/2001 07:15
AM ---------------------------

Linda Iske@ENRON
02/15/2001 02:49 PM
To: Chris Meyer/HOU/ECT@ECT
cc: Mitch Meyer/NPNG/Enron@ENRON
Subject: Bison

Bison Open Season letters and agreements are attached.  Hard copies to follow.


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	'kensey' has removed GDW (Doink) at Oct 23 2001  7:15AM
	Golden West Finl (NYSE:GDW)   Symbol  Last  Time  Change  High  Low  Volume  GDW   48.80   4:03PM  -0.02  49.55  48.40  1,212,000  Community Take   7 Long / 5 Short

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	 'kensey' said:
	 Tue Oct 23 07:08:43 2001   london location has connectivity.  see a cord, plug it in.   take profits short GDW.  breach of the low end of the trading range at 52 suggests a possible move to 44 (distance of the width of the busted range from low end of the busted range).   see chart for details.  lines are drawn in.   take profits here.  good place to re-enter short is on a test of chart resistance in 52-54 range.   recommended GDW Short on Oct 1 2001 when it was trading at 58. Since then it's gone down 16.02% to 48.   kensey
	 Click here  to  see the full recommendation with annotated graph

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The pig that was run to PG&E on Monday came in dry with no liquids.  As you
will notice there are a few new sample points with liquids that were
accumilated.

Please see attached documents.