Marcus,

Can you review the attached index for Joe Stepenovitch.  He trades Balance of the Day products.  Let me know if you need additional information.

Thanks,

Melba
ISO NY ZA (BOD) Peak
ISO NY Z-A
The Floating Price during a Determination Period shall be the average of the hourly day-ahead prices listed in the Index for electricity delivered during Peak hours on each Delivery Day during the applicable Determination Period.  The Floating Price for each Determination Period shall be calculated utilizing the hourly clearing prices published by the New York Independent System Operator on its official web site currently located at http://mis.nyiso.com/public/P-4Alist.htm, or any successor thereto, under the headings "Time Weighted/Integrated Real Time LBMP"  (the "Index").

 -----Original Message-----
From: 	Stepenovitch, Joe
Sent:	Tuesday, June 05, 2001 11:20 AM
To:	Lozano, Melba
Subject:	NY ZONE A

Time Weighted/Integrated Real Time LBMP  Zonal <http://mis.nyiso.com/public/P-4Alist.htm>

<Embedded Picture (Metafile)>


These are the current drafts of the proposed documents relating to the
Intergen transaction.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/19/2000 04:18
PM ---------------------------

"George Kutzschbach" <gkutzschbach@fulbright.com> on 12/19/2000 04:13:08 PM
To: Ben.F.Jacoby@enron.com, Kay.Mann@enron.com, CCampbell@KSLAW.com,
JKeffer@KSLAW.com
cc: DPedigo@INTERGEN.com

Subject: InterGen/ENA - GE Turbines & ABB Transformer

Attached are clean and redlined versions of revised drafts of (i) the
Letter Agreement between ENA and Sweetgum Energy LP relating to CA
Energy Development I, LLC and the GE generator set, and (ii) the Letter
Agreement between ENA and Sweetgum Energy LP relating to the ABB
transformer.  The Letter Agreement between ENA and Sweetgum Energy LP
relating to CA Energy Development II, LLC and the GE generator set will
be in the same form as item (i) above with changes to reflect the proper
LLC.

To expedite matters, these revised drafts are being sent to you before
review by InterGen with the understanding that InterGen may have
additional changes and comments.

In addition to changes necessitated by the substitution of Sweetgum for
Tejas, the letter agreements have been revised to reflect the following
requirements of InterGen:

(i)  The parent guaranty on behalf of Sweetgum Energy LP has been
deleted;

(ii)  A mutual covenant requiring the Parties to use all reasonable
efforts to satisfy the conditions precedent as been added to the end of
Section 3; and

(iii)  A no shop clause on the part of ENA and its affiliates has been
added as  a new Section 17.

The reference to the TRY Ventures International agreement was deleted
from the letter agreement relating to the ABB transformer since it is my
understanding that the ABB transformer was not covered by Coral's
agreement with TRY.  ENA would nevertheless be protected by the general
language of the clause.

Although InterGen is still reviewing these documents for tax and other
concerns, for now the only contemplated changes to the LLC Agreements
and the GE and ABB acknowledgement letters are those needed to reflect
the substitution of Sweetgum for Tejas.

InterGen is still reviewing the Facility Agreement and exhibits
thereto.

I have passed on ENA's suggestion regarding the extension of the
closing date, but have not yet had a response from InterGen.

Doug Pedigo will be tied up tomorrow morning, but Doug and I are
available after lunch for a telephone conference to discuss any comments
you have on the closing.

George


This was a really sweet message.  I wanted to share it.  By the way, I
learned from Kent's brother just yesterday that Kent's death was attributed
to viral meningitis.  Just goes to show that you need to live each day to the
fullest.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/13/2001 11:16 AM -----

	"Thompson, Thomas W." <ttt@cpuc.ca.gov>
	06/12/2001 10:00 AM

		 To: "'susan_j_mara@enron.com'" <susan_j_mara@enron.com>
		 cc:
		 Subject: Kent Wheatland Memorial Award

Sue -
I'm Tom Thompson. Kent was a long-time friend, a fishing buddy, and a bad
golf mate (but lots of fun).  When Gary Ackerman announced at services for
Kent the creation of the award, I was deeply touched and impressed.
My good friend Jeff Dasovich told me this weekend that you received the very
first award, and well, I must say I became a bit teary-eyed.  You probably
don't know me, but I've seen you at Commission meetings and have heard your
name over the recent years.  My other fishing friend, Bill Sandoval, who was
also at the services, says whomever received this award "must be a real
tiger" and we need more people like that in California.
I am happy that Kent's memorial award will go to someone so deserving.
--- Tom Thompson


Sorry it has taken so long to get the scores out.  After 4 days in Vegas,
please check your scores - I am still in a daze.  Kansas - please forward
attachment to your friend Kris, Denver forward to Josh Stevens and John
Swinney please forward to Rob Fullen.  Here are the list of people I still
need money from:
Josh Stevens
Denver Plachy
Jimmy Simien
Eric Bass
Flannigan
Jason Wolfe

Money must be to me by COB Wednesday or your entry is forfeited(if your score
is bad and you do not pay I will not put you in any pool in the future).

Right now the pot is $410(assuming everyone pays) so the break down is
$307.50 and $102.50 for first and second respectively.

The following people need to give me a tiebreaker number for the final game
by COB Today(total score for final game):
Jason Wolfe
Denver Plachy
Scott Earnest
Chad South
Doug Friedman
John Nowlan
Lee Jackson
John Swinney
Rob Fullen
Josh Stevens

If I do not get a tiebreaker from you and you tie for first, you will
automatically get second and if you tie for second you are out of the money.

Again, please verify your score and let me know of any discrepancies - 1 pt.
first round victory, 2 pts. second round victory and upset gets seed
differential.

Thanks everyone for playing.
PL
3-7376


Ami,,,,
I agree with you through the 17th.
Thanks!!
---------------------- Forwarded by Tim Powell/LSP/ENSERCH/US on 07/18/2000
12:57 PM ---------------------------

Ami.Chokshi@enron.com on 07/18/2000 11:09:40 AM

To:   Tim Powell/LSP/ENSERCH/US@TU
cc:
Subject:  Enron / HPL Actuals for July 17, 2000

Through the 17th, the actual volumes total:

HPLR           1,320,000
Enron          660,000
No Gas Daily

Please advise.
Ami
---------------------- Forwarded by Ami Chokshi/Corp/Enron on 07/18/2000
11:07 AM ---------------------------

"Melissa Jones" <mjones7@txu.com> on 07/18/2000 10:13:29 AM

To:   "Charlie Stone" <cstone1@txu.com>, "Gary Green" <ggreen2@txu.com>,
      timpowell@txu.com, daren.j.farmer@enron.com, gary.a.hanks@enron.com,
      carlos.j.rodriguez@enron.com, earl.tisdale@enron.com,
      ami.chokshi@enron.com
cc:

Subject:  Enron / HPL Actuals for July 17, 2000

Teco Tap       10.000 / Enron ; 80.000 / HPL IFERC

LS HPL LSK IC       30.000 / Enron


--

--------- Forwarded Message ---------

DATE: Fri, 23 Nov 2001 14:53:52
From: "Allison Darcey" <darcey310@hotmail.com>
To: qgehpamber@aol.com, crysalis77@aol.com, aldrewry@hotmail.com, aud1018@yahoo.com, wb_hcself@hotmail.com, gil.darcey@huntingoilfield.com, desiree@txucomm.net, ddalton@sfasu.edu, geblankensmith@aol.com, jdehoney@msn.com, jenatack@aol.com, skizzerdo@yahoo.com, katiesalvesen@hotmail.com, kellyjoiner@hotmail.com, sterski@hotmail.com, libby-nbk@rocketmail.com, magenbunyard@prodigy.net, thequeen1977@yahoo.com, nhull@rocketmail.com, sjphillips_1@msn.com, tanya.v@lycos.com, sewardtawny@hotmail.com

>From: Darcey310@aol.com
>To: <darcey310@hotmail.com>
>Subject: Fwd: Explanation of God by a Child
>Date: Thu, 22 Nov 2001 18:28:32 EST
>
>

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


Information Risk Management ) IT Security and Standards Notice

Passwords
The key to maintaining information and systems security is the use of
well-selected and guarded passwords.  Please remember, your password is our
first line of defense. It is important that:
? Your password should be unique and only known to you.
? Your password should never be shared with someone else.
? A password must never be written down (i.e. post-it notes), stored in files
on personal computers, at workstations, hidden under keyboards, configured on
terminal hot-keys, etc.
? Passwords must be changed every 60 days.

Strong password selection criteria will soon be automated for all employees.
For instructions on selecting a good password or to the view the company
password policy and standards, click here:
http://itcentral.enron.com/data/policiesandprocedures/ITPasswordScreenSaver

Please keep in mind that the Enron Conduct of Business Affairs holds
employees responsible for password security.  Information Risk Management
conducts periodic audits to ensure compliance with company policy.

For any problems encountered concerning password controls, please call your
appropriate Help Desk (available: 24Hrs./day, 7 days/week).


I'm available any time except 300-430 on Monday.

Have a good weekend.


---------------------- Forwarded by David W Delainey/HOU/ECT on 06/08/2000
08:55 AM ---------------------------

"perfmgmt@enron.com"<perfmgmt on 06/07/2000 01:42:18 AM
To: ddelain2@enron.com
cc:
Subject: Reviewer Approval

Please note that your employees have suggested the following people to
complete a feedback form on their behalf.  You will need to access the
Performance Management System (PEP) to either approve or decline these
suggested reviewers.  Once you have approved the suggested reviewers they
will be notified and can begin completing the feedback form.

Your list of employees that have suggested reviewers are listed below:

Date suggested: Jun 05, 2000
Feedback Due Date: Jun 16, 2000

Employee Name: DONAHUE, JEFFREY M.

Date suggested: Jun 05, 2000
Feedback Due Date: Jun 16, 2000

Employee Name: DURAN, WILLIAM D

Date suggested: Jun 05, 2000
Feedback Due Date: Jun 16, 2000

Employee Name: HAEDICKE, MARK E


Notice # 02-46
February 7, 2002

TO:	All NYMEX Division Members
		All NYMEX Division Clearing Members

FROM:	J. Robert Collins, Jr., President

RE:		EFP/EFS PROCEDURES FOR NYMEX ACCESS
 CONTRACTS

Please be advised that the following procedures should be followed when
executing an EFP or EFS trade for any futures contract that trades
exclusively on NYMEX ACCESS
.

Orders should be sent to the floor and pitcards should be submitted to the
Late Pit-Card submission area.

Pitcards should be marked appropriately indicating that the trade is an EFP
(marked with and E) or an EFS (marked with an F).


I have opened the referenced counterparty to trade weather online.  However,
they should continue to use the same special form of confirm that they are
using offline until we get an ISDA Master in place with them.


Here is the revised Term Sheet we sent to Cogentrix:

I'll be chatting with Tom Bonner at Cogentrix later today to see if they have any comments on this or the other documents we sent them.  Apologies for the confusion in this process and thanks for bearing with me as I go through this the first time around :->)

 -----Original Message-----
From: 	Mann, Kay
Sent:	Monday, October 01, 2001 9:24 AM
To:	Jafry, Rahil
Subject:	RE: EEI Master Power Purchase and Sale Agreement - Cogentrix Energy Inc.

Hi Rahil,

Kortney left me a message indicating that she has not reviewed (and therefore not approved) the documents re Cogentrix.  We will see what happens.

Have you forwarded the term sheet you sent to Cogentrix to Kortney?  I would like a copy as well, and I can't find the version which was sent to Cogentrix.  The version I have has the incorrect customer name at the top.

Thanks,

Kay

 -----Original Message-----
From: 	Jafry, Rahil
Sent:	Monday, October 01, 2001 8:48 AM
To:	Tom Bonner (E-mail); Frank C. Peacock (E-mail)
Cc:	Mann, Kay; Fitzgerald, Genia
Subject:	FW: EEI Master Power Purchase and Sale Agreement - Cogentrix Energy Inc.
Importance:	High

Tom and Frank,

Here is the standard EEI and the relevant attachments.  If you have any questions, please feel free to contact myself or contact Kay and/or Genia with our legal group (their numbers are listed below).  I'll give you a call later today to discuss these documents.

Regards,
Rahil

 -----Original Message-----
From: 	Fitzgerald, Genia
Sent:	Monday, October 01, 2001 8:35 AM
To:	Jafry, Rahil
Cc:	Mann, Kay; Brown, Kortney; Denton, Rhonda L.; Kroll, Heather; Baughman, Edward D.
Subject:	EEI Master Power Purchase and Sale Agreement - Cogentrix Energy Inc.
Importance:	High

Dear Rahil,

Per your e-mail conversation with Kay Mann, attached please find the Cover Sheet, General Terms and Conditions, Attachments and Collateral Support Annex for above referenced Agreement.  Please don't hesitate to call either Kay at (713) 345-7566 or me at (713) 853-6389 if you have any questions.

Regards,
Genia FitzGerald
Legal Specialist

 << File: Cogentrix Energy, Inc. CS.doc >>  << File: EEI Master (7) 4-25-00.doc >>  << File: Cogentrix Energy, Inc. Attachments.doc >>  << File: Cogentrix Energy, Inc. Paragraph 10.doc >>  << File: Cogentrix Energy, Inc. CSA Annex.doc >>


- 1-4-2002.xls


I will make a copy of my markup as well.
---------------------- Forwarded by Andrew Kelemen/HOU/ECT on 08/24/2000
05:47 PM ---------------------------

	From:  Ron Coker @ ENRON                           08/24/2000 03:12 PM

To: Andrew Kelemen/HOU/ECT@ECT, Mark Fillinger/SF/ECT@ECT, Samuel
Wehn/HOU/ECT@ECT, wcheng8962@yahoo.com, Vicky Ha/SF/ECT@ECT, Gauri Sohoni
Khokha/SF/ECT@ECT, Dean Russell/SF/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Eric
Thode/Corp/Enron@ENRON, Rob Bakondy/SF/ECT@ECT, David Leboe/HOU/ECT@ECT,
Roger Ondreko/HOU/ECT@ECT, Jeff Dasovich/SFO/EES@EES, Karen E
Jones/HOU/ECT@ECT
cc: David Parquet/SF/ECT@ECT, Christopher F Calger/PDX/ECT@ECT
Subject: Pastoria - Draft Information Memorandum 8/24/00

Attached is another redlined draft of the IM.  I have not received comments
from some of you.  The next draft will be the final document so I need your
comments by Friday afternoon.

I will be in Houston Friday afternoon, so call me at 713.345.8992 if you have
any questions.  Thanks.


fyi
----- Forwarded by Elizabeth Sager/HOU/ECT on 06/06/2001 01:45 PM -----

	"Andy Katz" <AKatz@eei.org>
	06/06/2001 01:35 PM

		 To: <elizabeth.sager@enron.com>
		 cc:
		 Subject: Fwd: FW: EEI Collateral Documentation

One of two comments received on Collateral Annex documents

Andrew S. Katz, Director Industry Legal Affairs
Edison Electric Institute
701 Pennsylvania Avenue, N.W.
Washington, D.C.  20004
Voice:  202-508-5616
Fax:     202-508-5673
e-mail:  akatz@eei.org
 - TEXT.htm
Received: from pitbull.ep.hess.com (ns.ameradahess.com [207.51.255.129]) by
mail.eei.org; Tue, 05 Jun 2001 17:12:38 -0400
Received: from hacnte03.ep.hess.com by pitbull.ep.hess.com          via smtpd
(for mail.eei.org [204.254.108.2]) with SMTP; 5 Jun 2001 21:19:50 UT
Received: from wdb-ex-001.rm.hess.com (wdbex001.rm.hess.com [10.103.10.17])
by hacnte03.ep.hess.com with SMTP (Microsoft Exchange Internet Mail Service
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Message-ID: <7911DD490C96D311B6AA00508B63B97A03A4326A@wdbex003.rm.hess.com>
From: "Crespo, John" <jcrespo@hess.com>
To: "'akatz@eei.org'" <akatz@eei.org>
Subject: FW: EEI Collateral Documentation
Date: Tue, 5 Jun 2001 17:19:29 -0400
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2448.0)
Content-Type: text/plain; charset="iso-8859-1"

Andy, we didn't have too many comments, but here they are:

> -----Original Message-----
> From: Cerria, Chuck (Commodities - NY)
> Sent: Tuesday, June 05, 2001 4:16 PM
> To: Crespo, John
> Cc: Butala, John (Commodities - NY); Trivino, Grimuald (Commodities -
> NY)
> Subject: EEI Collateral Documentation
>
> We concur with Enron's and AEP's comments, except as follows:
>
> 1.Interest should be payable on cash collateral held each month and upon
> return of the collateral.
> 2. 15 days to expiry should be the trigger on LC's so that if the LC does
> not auto renew, the pledgee can draw down on the LC when the expiry is
> within 15 days.
>

 - Andy Katz.vcf


Oh, What a Web We Weave:
Understanding the Opportunities and Hazards of Globalization

Globalization is one of the strongest forces shaping our future.  During this
session, we'll take a look at the opportunities and hazards of globalization,
and consider how they may shape the future-
For Our Country, Our Company and Ourselves.

Friday, March 30
11:30 a.m. to 12:30 p.m.
EB 5C2

Speaker:
Amy Oberg
Manager, Competitive Intelligence and Future Foresight
Enron Energy Services

To Make a Reservation, Call 3-1941 and Select Option 1

Please inform us ahead of time if you need special accommodations to
participate in this meeting.  Call 3-9390

Lunch will not be provided, but you are welcome to bring your own.


---------------------- Forwarded by Tom Acton/Corp/Enron on 05/23/2000 06:58
AM ---------------------------

Vance L Taylor@ECT
05/19/2000 11:09 AM
To: Tom Acton/Corp/Enron@ENRON
cc: Melissa Graves/HOU/ECT@ECT

Subject: June Wellhead Prod Est.

Tom,

Please see the attached file estimating wellhead production for the month of
June.  Please be advised that this is a preliminary estimate as I have yet to
meet with the gas buyers (the meeting is Monday at 2pm) and to this date we
have not received any noms for June.  I will update you with any revisions as
they occur.

Thanks,

vlt
x3-6353


I'm working as fast as I can.  Things connect together, so it takes a little
while.  I think I'm about done with the hard stuff.

Heather Kroll@ECT
09/20/2000 01:20 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: PPA

Kay,

What's the skinny with the doc?  The natives are getting restless.

Heather
---------------------- Forwarded by Heather Kroll/HOU/ECT on 09/20/2000 01:19
PM ---------------------------

Gary_Edwards@dom.com on 09/20/2000 12:10:51 PM
To: Heather.Kroll@enron.com
cc:
Subject: Re: PPA

Came by my office on the way to another meeting. Still no document.


I just read the E-Speak transcript.  I think you did a great job!  I look
forward to sitting down with you after we have gathered all the feedback from
the website and other sources.


CALENDAR ENTRY:	REMINDER

Description:
	AA Energy Symposium

Date:		11/28/2000
Time:		8:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


---------------------- Forwarded by Larry May/Corp/Enron on 05/15/2001 12:04
PM ---------------------------

John Arnold@ECT
05/11/2001 11:53 AM
To: Mike Maggi/Corp/Enron@Enron, Larry May/Corp/Enron@Enron
cc:

Subject: PG&E Energy Trading

---------------------- Forwarded by John Arnold/HOU/ECT on 05/11/2001 11:53
AM ---------------------------
From: Jason R Williams/ENRON@enronXgate on 05/11/2001 10:50 AM
To: Phillip K Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Hunter S
Shively/ENRON@enronXgate, Thomas A Martin/ENRON@enronXgate, John
Arnold/HOU/ECT@ECT
cc: William S Bradford/ENRON@enronXgate, Tanya Rohauer/ENRON@enronXgate,
Russell Diamond/ENRON@enronXgate
Subject: PG&E Energy Trading

Phillip, Scott, Hunter, Tom and John -

Just to reiterate the new trading guidelines on PG&E Energy Trading:

1.  Both financial and physical trading are approved, with a maximum tenor of
18 months

2.  Approved entities are: PG&E Energy Trading - Gas Corporation
    PG&E Energy Trading - Canada Corporation

    NO OTHER PG&E ENTITIES ARE APPROVED FOR TRADING

3.  Both EOL and OTC transactions are OK

4.  Please call Credit (ext. 31803) with details on every OTC transaction.
We need to track all new positions with PG&E Energy Trading on an ongoing
basis.  Please ask the traders and originators on your desks to notify us
with the details on any new transactions immediately upon execution.  For
large transactions (greater than 2 contracts/day or 5 BCF total), please call
for approval before transacting.

Thanks for your assistance; please call me (ext. 53923) or Russell Diamond
(ext. 57095) if you have any questions.

Jay


Please RSVP to Mercy Gil by 5:00 p.m. today, Monday, March 5.  You may do so
by e-mail or by phoning her at x35082.

When: Wednesday, March 7th

Time: 6:00 - 8:00 p.m.

Place: Cadillac Bar - Party Shack Room
 1802 Shepherd Drive
 713.862.2020

Thank you for your prompt attention.

Terri Greenlee
x33565


nothing.  i was playing.  you really weren't that nice!!  :)

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 10:23 AM
To:	Nelson, Michelle
Subject:	RE:

what do you mean

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 10:23 AM
To:	Maggi, Mike
Subject:	RE:

whatever.  can't you just drop the too nice bit?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 10:22 AM
To:	Nelson, Michelle
Subject:	RE:

im only teasing, i was too nice on friday so i have to even out

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 10:19 AM
To:	Maggi, Mike
Subject:	RE:

are you mad at me or something?  you are being a jerk.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 10:19 AM
To:	Nelson, Michelle
Subject:	RE:

great

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 10:18 AM
To:	Maggi, Mike
Subject:

oh i found your peppermints.


We are just looking for further verfication that the RErecall can be enacted on 24 hours notice regarding of the term of the proposed recall.  I believe there are some distinctions relative to the requested term. To the extent that there is a perpetual 24 hour RErecall (is 24 hours based on date recall is effectuated or the date gas flows pursuant to recall?), PG&E paid $58 million for protection that is not worth very much.

Just looking for greater clarification. To the extent it may help us with our position regarding the ability to turn back the 200 M2/d of capacity, it may be worth the expense to have independent verfication.

Thanks,

STeph

 -----Original Message-----
From: 	Cantrell, Rebecca W.
Sent:	Friday, August 17, 2001 12:02 PM
To:	Miller, Stephanie; Lawner, Leslie
Cc:	Tycholiz, Barry
Subject:	RE: Block III Recall Rights

Steph:  Exactly what are you looking for - I'm not sure we could give you an opinion of the mechanics.  If you remember, we looked at this issue back in March and I sent you the e-mail message below.  Since then, FERC has issued orders in Docket No. RP00-241 on 3/28/2001 and 6/11/2001 which reaffirmed its rulings in the orders discussed below.  There is no discussion in any of the orders on the specific mechanics of the recall other than what I already noted, namely, if the capacity has been recalled by El Paso or a shipper to serve a PG&E market, and the original shipper wants it back, it can re-recall the recalled capacity on 24 hours notice as long as it is using all of its other Block II capacity.  If you need something more "legal", we'll see what we can do.  If we have to go to Bracewell for a law firm legal opinion, there would be a charge since they'd have to do the same research before they could sign off on one.

 	  From:  Rebecca W Cantrell                           03/27/2001 04:38 PM

To:	Stephanie Miller/Corp/Enron@ENRON
cc:

Subject:	Re: block II

I would note also that the recent reallocation of Topock rights takes care of one of the issues -- namely that El Paso allowed Dynegy to take Block II capacity to SoCal Topock.  The 4/14/00 order should have taken care of it, except for El Paso's position that they had capacity at Topock in the aggregate so they weren't overselling it.

Order Date	Block II Rulings
6/14/2000 Denial of Rehearing by Operation of Law	Denies Indicated Shippers request for rehearing of 4/14/00 order.
4/14/2000 Order on Rehearing (Enron)	Clarifies the January 19 order to provide that El Paso may remarket the PG&E turnback capacity, including Block II, for primary delivery to delivery points other than PG&E Topock if capacity is available at those other delivery points.
1/19/2000 Order on Negotiated Rate Transactions  (Enron & Williams)	Block II capacity has primary delivery rights only at PG&E Topock and alternative rights at the other Topock delivery points. Rejects CPUC argument against the recall provisions, which are the same as ultimately accepted in the Dynegy deal (see 10/19/99, 7/29/99, 9/17/98 and 6/11/98 orders) and provide (1) that there is no right of recall if the Block II capacity is simply idle, (2) that the capacity may be recalled if it is being used to serve points other than those behind PG&E Topock, and (3) if so recalled, it may be recalled by the original shipper for its own use in the PG&E service territory upon 24 hours notice. Clarifies, as in Dynegy, that the shipper (Enron) must use all its other Block II capacity before recalling other Block II capacity, but is not required to use Block I or Block III capacity first.
10/19/1999 Order on Rehearing and Clarification (Dynegy)	Denies rehearing of 7/29/99 order
7/29/1999 Order on Rehearing and Compliance Filing (Dynegy)	 Affirms that PG&E and the CPUC are entitled to have the Block II capacity recalled to northern California even if it is under contract [to Dynegy]. Reverses previous ruling -- does not require that all other capacity to California be utilized before Block II capacity can be recalled. Per Settlement, recalling shipper must pay max rate to recall if its contract is one month or less.  If for more than one month, the rate must equal or exceed the rate of the existing shipper. On 24 hours notice, the existing shipper (i.e., Dynegy) may recall for its own use to serve northern California markets, capacity that was recalled for use by other shippers, even if those shippers are willing to pay a higher rate. Clarifies that if the Block II capacity is idle but is not being used to serve areas outside of northern California, [Dynegy] may hold the capacity without any obligation to release it.
9/17/1998 Letter Order on Compliance Filing	Requires the Dynegy/El Paso agreement to clearly state that Block II capacity was recallable even though Dynegy had a minimum take requirement. Requires El Paso to eliminate use of alternative delivery points as the defining point for the service that would be recalled -- issue is markets served, not delivery points. Requires elimination of a clause requiring recalling shipper to submit a sworn statement that no capacity was available on other pipelines.
6/11/1998 	Shippers in northern California cannot recall Block II capacity simply because it is not actually being used by [Dynegy]. Block II is recallable if [Dynegy] is using it to serve end users not within PG&E's service territory. Shippers who want to recall Block II capacity must have an actual need and may only recall if firm capacity is not available to PG&E's service territory via El Paso or via any other pipeline available to the shipper.

 -----Original Message-----
From: 	Miller, Stephanie
Sent:	Friday, August 17, 2001 9:22 AM
To:	Cantrell, Rebecca W.; Lawner, Leslie
Cc:	Tycholiz, Barry
Subject:	Block III Recall Rights

Further to our discussions about our EPNG capacity:

Our research had resulted in an opinion that there is little value associated with PG&E's (northern CA customers) recall rights on Block III capacity.  While it was not part of the original settlement, the 24 hour RE-recall rights to the shipper of record appear to give PG&E a DAILY call on capacity at best.

Because we have pieced this opinion together based upon rulings in various proceedings, we would like a more formal regulatory/legal opinion of the mechanics of the RE-recall provision that has been developed over time. Is this something that either of you can provide or should it go to Randy? The results of this inquiry will set the tone of our next round of dicussions with EPNG.

 By the way, still waiting on their written reponse to our letter..... I think they have bigger fish to fry.

Please advise.

Stephanie

<Embedded Picture (Metafile)>


Dear Team,

I updated the bookout deals 523459 and 523444 for the following dates, 20th,
21st, 23rd, 29th, 30th, and 31st.  Please path this in Unify and let me know
when its done.  Thanks.


I've got confirmation of the following non-refundable plane fare:  leave
Houston Tuesday, March 13, arrive Calgary 5:10 pm, returning Sunday March 18
at 8:05 am.  Staying at the Sheraton Suite at 255 Barclay Parade SW.  Is that
a good hotel?


Sue, this is an issue that is becoming more important as ECI becomes more
involved in local provisioning services.

;I also believe that the DSL provider
that brought the complaint is a company that we may begin partnering on some
DSL
delivery with. ;Essentially this ruling is very good and will speed
competitive
DSL deployment. ;I don't think you will see ECI teaming with anyone to provide
DSL in Minnesota just yet, but we will be doing just that in LA, San Jose, New
York, Chicago, and DC very soon.

Our response: ;this is good, keep it up PUC, and Enron supports expanding
competition. I think we should watch this development -- but I don't think you
should expend any resources at this time.

We can't describe ECI's business as simply wholesale because we often contract
services directly with end-users. ;How we get from our national backbone to
the
custormer is becoming increasingly important as we reassess our responsibility
to deliver in the "last mile." ;We used to think that the last mile would take
care of itself and that our customers would figure out how to reach us. ;Now,
we
are increasingly looking at how to better ensure delivery of services and
provide the quality of connectivity it will take for our network to fully be
appreciated.

I hope that helps.
|-------------------------+-------------------------+-------------------------
|
|                         |   slandweh@enron.com    |
|
|                         |                         |   ; ; ; ; To:
|
|                         |   12/02/99 08:32 PM     |   Scott Bolton/Enron
|
|                         |                         |   Communications@Enron
|
|                         |                         |   Communications
|
|                         |                         |   ; ; ; ; cc:
|
|                         |                         |   rshapiro@enron.com,
|
|                         |                         |   snord@enron.com,
|
|                         |                         |   jdasovic@enron.com,
|
|                         |                         |   lyoho@enron.com,
|
|                         |                         |   mrobinso@enron.com
|
|                         |                         |   ; ; ; ; Subject:
|
|                         |                         |   Minnesota telecom
|
|                         |                         |   ruling
|
|-------------------------+-------------------------+-------------------------
|

[IMAGE]

Scott--give me some guidance on how important or relevent this issue is for
us so that I can get a better understanding of what I should/should not
being spending time on.

The Minnesota PUC ruled yesterday the US West must open/share it's lines
with competitors offering digital subscriber line (DSL) high speed interent
access. ;Apparently the order is the first for a state, but I understand
that the FCC passed a similiar rule in the last month or so. ;The
Commission also ruled that USWest could charge an additional $6.00 for this
access to their lines (in addition to the current rate of $18 that the
customer pays) and that the DSL provider had the right to pass that charge
on to the customer. ;The COmmission took a "soft" position on the $6.00,
saying that they would review the amount of the charge over the next six
months before making a final ruling on that specific issue. ;I believe that
this ruling came about due to an initial complaint by ;a provider from
Colorado.

I did not follow this case at all other than occassionally reading
something about it. The major reason I did not was that I saw it as a
"retail" access issue and I see our video streaming and bandwidth
businesses as "wholesale" access/opportunity issues. ;Certainly we always
want to see open access and we want to see competitive parity, but I didn't
see that our involvment and/or tracking of this proceeding was of great
value. ;Am I correct?

(Embedded image moved to file: pic32453.pcx)
 - pic32453.pcx


Seems very likely that someone else notified DJ of this posting.  Might be
useful for our traders to understand that scrutiny in the short run is going
to be signficant.

Best,
Jeff

	Karen Denne
	06/29/2001 05:03 PM

		 To: Mark Palmer/Corp/Enron@ENRON, Susan J Mara/NA/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Vance
Meyer/NA/Enron@ENRON, Meredith Philipp/Corp/Enron@ENRON
		 cc:
		 Subject: FERC proxy price in CA

I got a call from Dow Jones today about a price we had posted on EnronOnline
for day-ahead power at Mead for $105/MWh (the FERC proxy price is $91.87).  I
talked to Tim Belden and just because an offer is posted doesn't mean that
there's been a transaction.  Turns out that under our interpretation of the
FERC order, because Friday for Monday transactions exceed the 24-hour
delivery requirement, we believe they're exempt from the order.  Tim said
that at the end of today, we had done five transactions above the cap, but
they decided to lower the transaction price to the proxy price so we'd reduce
any further exposure and scrutiny.


Dear Jim:

Thanks for the info, I had great time too with you guys, looking forward too
see you soon.

Regards

Fernando Calvillo

Tel (525) 148-67-00
Fax (525) 148-67-01


Enjoy!
 - 20020206ERCOT_LOAD.XLS
 - 20020206ERCOT_FLOW.XLS


I haven't heard anything from David or Scott.  Have you heard anything from
Marvin or Bob?  Is there a meeting confirmed for Monday?

I'm on another conference call re landfill.  Yikes.

Kay


Hi All,

After all the hard work, we are at time of harvesting!  But as we all know
that there still a few more hurdles ahead of us in order to release credit
reserve model at end of March,  but on the bright side, Vince Kaminski has
promised us a big feast after we push the product out of door.  So let commit
our self to do one last dash to the finish line!

Here I composed a list of task that we need to accomplish for the release,
Let hit the items on the list and get it over with

Continue the comparison test between old and new model   Winston
Testing of theoretical deals!  finish the comparison between the theoretical
value and model valuation!  Tanya T. Winston J.
Making the default probability table a configurable component and runtime
parameter.  Winston J., Ramesh G.
Simulation dimension change for different analysis requirement, default path
5000 max and price path 1000 max.  Winston
Interface to run the credit reserve in GRMS system ( for now )   Ramesh
Run time option, Applying stress scenario on input curves for any or all
curves (sensitivity analysis)   Winston
Runtime option, Curve replacement for any or all curves ( attribution
analysis )    Winston
Validation of different insurance plan       Tanya, Winston
Intra-month position validation to see the impact of excluding of
intra-manoth position on credit reserve  Vicent Tang, Ramesh
Exchange deals handling( are they using the highest e-rating ? )   Ramesh
Saving credit reserve result, please grant Winston and Xiaojun the privilege
to save the result into production database,  Ramesh, Winston, XiaoJun
credit reserve on legal id, based on the data clean up of all spreadsheets (
not scheduled )!
Deployment plan.  One credit instance at any time until we get out new
computing server ( probably in April time frame )

This list may be an ever changing list and may also incomplete, please let me
know if I missed anything or any deletions and additions!  Please let me know
if anything I can clarify.

Thanks!

Jonathan


Robin said you are going to be doing some of the Inside Ferc numbers.  I'm
out Friday so I'm sending this to you now.


Do you know anyone interested in coming here as an options trader?  We need one for propane/lpg right away (which should be a big market for us--I'll go over why with you, but not in email).

Jeff


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---------------------------------------------
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If you love to fly but hate the airlines, airparks may be the
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For now, have her boxes delivered to the spot behind your desk.  I sent Wes a
message and copied you on that.  I can't remember the name of the person who
works for Wes that handles moves.   Lisa filled in for her while she was out
on medical leave.  She is back.  Can you get with her right away and see what
you can come up with?  Best situation would be for Beth to sit near me.

Also, Bob Hall has someone who is coordinating space needs for us now that
Lisa is gone.  Can you check with her, too?

Also, Jeff Shankman called me last week to ask how we could speed up our
(Energy Ops) move off of 30.  I don't know who is left on 30.  Can you get
the person that reports to Bob Hall to give me an update on our moves from 30
so that I can get back with Jeff this week?  Thanks. --Sally

	Enron North America Corp.

	From:  Patti Thompson                           01/16/2001 12:41 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Beth's location

Sally,

Beth's assistant is wanting to know where Beth will be sitting - where they
are to ship her boxes.  Any ideas or anything you want me to do regarding
this?

PT
---------------------- Forwarded by Patti Thompson/HOU/ECT on 01/16/2001
12:42 PM ---------------------------
From: Janine Treader on 01/16/2001 06:29 PM GMT
To: Patti Thompson/HOU/ECT@ECT
cc:
Subject: Beth's location

Hi Patti,

This will probably be the first of many emails in the next couple of weeks.

Do you have a location as to where Beth will be sitting over there?  We'll be
packing up her boxes soon to ship over and for future post etc.

Also, she will need a new extension number.  She would most definately prefer
an 853 number and if you can use her VP status to help her get one if they
refuse (her words) then that would be great.  Her old number was 853-5521
although someone else may have that now.

Thank you for your help.  It is very much appreciated.

Janine


Good Morning,

Only one open contract for December left to find a sink for!

Please call me to confirm reciept

Cara Semperger
West Power Scheduling Supervisor
Enron North America
503/464-3814


Please arrange this for me.

 -----Original Message-----
From: 	Distefano, Marc
Sent:	Thursday, October 04, 2001 4:39 PM
To:	Taylor, Mark E (Legal)
Subject:	financial contracts for ammonia & urea

Mark,
We are currently getting prepared to trade ammonia and urea in Enron Global Markets.  We started the group within EGM - NGL's late July, and with the help of John Viverito, getting ourselves ready for the physical trade.  We would like to meet with you for a few minutes early next week, if possible, to discuss the financial contract, what we will need to get one prepared, etc.  Our goal is to be prepared to do both the physical and financial trading of fertilizer by the end of the year.

V/R
Marc J. Distefano
Enron Global Markets
office 713-345-4734
cell 713-302-7745
fax 713-750-5124