Mary Nell, I would appreciate your following up on this. Thank you. Jim

 -----Original Message-----
From: 	Cole, Kate
Sent:	Wednesday, December 19, 2001 9:09 AM
To:	Derrick Jr., James; Browning, Mary Nell; Perkins, Mary
Subject:	FW: Enron Netherlands BV
Importance:	High

I'm forwarding this to you because it's outside of my bailiwick completely!  I hope you can respond to this gentleman.  KC

Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com

 -----Original Message-----
From: 	Van Vuuren, Dirk
Sent:	18 December, 2001 9:44 AM
To:	Cole, Kate
Cc:	Groen, Hans-mart; Doude Van Troostwijk, Jan; Van Biert, Teun
Subject:	Enron Netherlands BV

Dear Kate,

We (the four employees as mentioned below; "The Party's") have a labour contract with Enron Netherlands B.V. an entity of which Insinger de Beaufort / Equity Trust Co. N.V. is formally in charge. At this moment The Party's are still employed by and working for Enron in the Netherlands. Until now it looks like though The Party's will not receive the monthly payment for December 2001 that will be due on the 20th of this month (as per the respective labour contracts). Untill this month the actual payment came from the UK but it is very unlikely that this will be the case in December and onwards.

Furthermore we know that Enron Netherlands B.V. has sufficient funds in 3 different bankaccounts (in cash and collateral) and will therefore not be able to go bankrupt at this moment in time.

As Equity Trust Co. N.V. is formally in charge of this particular entity they are able (and even obliged) to do the monthly payment but they will only facilitate this as soon as they have received sufficient instructions. The instruction should not only instruct them to do the monthly payment as such but also explicitly tell them to use the available cash and/or collateral for that. For your information: the collateral I am talking about is currently still in the hands of the Dutch Transmission System Operator ('Tennet') as a kind of guarantee for the trading we used to do but no longer (can) do.

Please note as a practicality that the necessary administrative handling regarding the monthly payments (calculating nett amounts etc.) is done by PriceWaterhouseCoopers in Rotterdam. For details regarding the specific and individual monthly payment obligations of Enron Netherlands B.V. towards The Party's Equity Trust can contact mrs. Kenny Toekimin or mrs. Helene van Bommel at PWC on telephone number +31 10 400 8600.

If you have any further questions please don't hesitate to contact me in the Enron Amsterdam office on +31 20 654 1957 or on +31 10 5916168 or alternatively per e-mail.

Kind regards,
Dirk J. van Vuuren
Manager Business Origination
Enron Netherlands

The Party's:
H.M. Groen
J. Doude van Troostwijk
T. van Biert
D.J. van Vuuren


I just received the package of master agreements you asked Genia to send me.
Thank you so much.  I have some thoughts about an approach to a simple master
and will look through these documents over the next weeks to see if I think
the
approach will work.

Please let me know if there is anything I can do to help you.  I am asking my
secretary to send you a copy of the recent supplement to Documentation for
Derivatives on cross-product risk management that Tony and I just published,
in
case it is of interest.

-Notice-----------------------------------------------------------------------
---------------------------------

       This e-mail message is confidential, intended only for the named
recipient(s) above and may contain information that is privileged, attorney
work
product or exempt from disclosure under applicable law. If you have received
this message in error, or are not the named recipient(s), please immediately
notify the sender at (212) 259-8000 and delete this e-mail message from your
computer. Thank you.


Kate Wagner is setting up a happy hr. for him on Friday.  I will let you know
details.  Also, I think Andrea is  having a brunch on Sunday.
MR

Vince J Kaminski
04/27/2000 07:22 AM
To: Mark Ruane/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Other matters

Mark,

I called Rick to let him know. It's not an interview  yet. Aram is coming for
a
wedding but I think he wants to explore the opportunity of coming back
to Enron. The conversation may lead to an interview
at some point.

He will talk to Andrea as well.

Do you plan to organize something for Aram?
I would be glad to join.

Vince

From:  Mark Ruane
04/26/2000 05:53 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Other matters

I heard that you were going to be interviewing Aram?  What's the job?
Mark


----- Forwarded by Jeff Dasovich/NA/Enron on 10/20/2000 01:24 PM -----

	Yahoo! Finance <refertofriend@reply.yahoo.com>
	10/20/2000 11:54 AM
	Please respond to ldyer

		 To: jdasovic@enron.com
		 cc:
		 Subject: Yahoo! Finance Story - Yahoo - SDG&E files Calif. power market
reform proposals

Douglas L. Dyer (ldyer@enron.com) has sent you a news article
Personal message:
Yahoo - SDG&E files Calif. power market reform proposals
http://biz.yahoo.com/rf/001020/n20262785.html

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Friday October 20, 11:18 am Eastern Time
SDG&E files Calif. power market reform proposals
SAN DIEGO, Oct 20 (Reuters) - San Diego Gas and Electric, the utility whose
customers faced a near tripling in their electricity bills this summer, filed
a plan with federal regulators on Friday designed to address some of the
problems with California's deregulated power market.
The utility, a unit of Sempra Energy (NYSE:SRE - news), filed a 17-point plan
that included a temporary price cap for wholesale power prices of $100 per
megawatt hour and a reorganization of the California Independent System
Operator (ISO), which operates most of the state's electricity grid.
``Despite the cooler weather and lower statewide demand we recently have been
experiencing, the high wholesale electric prices out customers have endured
this summer are not subsiding,'' said SDG&E chairman Edwin Guiles.
``We need federal regulators to take swift and immediate action in addressing
the fundamental structural defects in California's deregulated marketplace
that have contributed to electricity prices that we believe are neither just
nor reasonable,'' he added.
Earlier this week the state's two other investor- owned utilities, PG&E Corp
(NYSE:PCG - news) unit Pacific Gas and Electric and Edison International
(NYSE:EIX - news) subsidiary Southern California Edison also filed in support
of a $100 price cap along with consumer group, the Utility Reform Network
(TURN).
The Federal Energy Regulatory Commission (FERC) is currently investigating
California's power market after prices soared to record levels this year.
There have been allegations that rates were not ``just and reasonable'' as
required under federal regulations.
The California ISO cut its cap on wholesale prices twice this year from an
initial $750 per MWh to a final $250 but drew criticism from some for not
cutting the cap faster.
The agency's board of governors includes representatives of a wide range of
organisations including independent power producers, who have made huge
profits this summer with prices soaring to record levels, as well as consumer
groups, investor owned utilities and municipal utilities.
SDG&E called for the removal of ``economically based stakeholders'' from the
board of governors and for also a reduction in its size.
``The current stakeholder board is to large to be effective and apparently
incapable of adopting the structural change necessary to support workable
competition,'' the utility said.
Customers of SDG&E were the first in the country to pay market-based prices
without a safety net under the terms of California's trailblazing power
market regulation.
State legislators intervened this year and imposed a price cap on SDG&E
retail rates after reports that pensioners were turning off their
refrigerators in a bid to avoid running up massive bills after rates tripled.
The state's power problems are rooted partly in increased loads linked to the
nation's booming economy, with Western states among those showing the fastest
growth.
There also have been few power plants built during the past 10 years, and
although many are now planned, the prolonged approval and construction
process means most will not come on line before 2002.
Email this story - View most popular stories emailed

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Questions or Comments?


See Attached:

John Buchanan


Ted,

We have had discussions about Barry in the past and I have followed-up on
specific instances you have mentioned - I believe they date back to 1998 and
prior to my first hand experience of working with Barry throughout 1999, and
the people who raised concerns then acknowledge that the environment has
changed since then. We are not so Barry-dependent. We have a team of quality
risk management professionals as evidenced by the fact that it is the primary
recruiting ground for the RAC team (David Port, Oliver Gaylard).

Barry's role is much less hands-on now and he is not our candidate for the
Global Products position - this will continue to be Kevin Sweeney. The role I
suggest for Barry is the high level co-ordination of the operations team -
his energy, enthusiasm and ability to execute on a plan, combined with his
considerable institutional knowledge, making a superior candidate difficult
to find. Frankly, I suggested Steve Young not for additional depth, but to
address the relationship issue that clearly exists - I do not belittle this
issue, and while I don't think that anyone can point to any "prosecutable"
offences that Barry may have committed in recent history, his management
style doesn't help to promote the view that he is totally impartial and
objective. I will say that he has always been open and frank (very frank)
with me - indeed if Mally and Sweeney had been as open we may have had a
different story to tell on Helsinki.

As an aside, I have not been involved in or consulted on the 'World Tour',
although I know that Barry suggested this sort of thing to Sally a few weeks
back. I think it is great that Brent Price is involved, but we would be happy
to contribute staff to this too.

Regards

Fernley

To: Fernley Dyson/LON/ECT@ECT
cc: Rick Buy, Sally Beck/HOU/ECT@ECT

Subject: Re: Trading Support Operations - London

Fernley,
As we discussed earlier this year, I have serious concerns about Barry that I
think are both well-founded and reasonably well documented.  To be fair, I
will say that since Q1 of last year, I have not seen any FURTHER
"prosecutable" offenses and he has made some attempts at being more
communicative.  However, I am clearly unwilling to stake my career on his
transformation, particulary with as influential person as John Sherriff in
charge of the office.  Probably more to the point,
it continues to concern me that London has not developed an operations team
that is not so Barry-dependent.  Evidence to this effect are, the fact that
he is your only candidate for the Global Products position, that someone from
Houston has to be part of the "World Tour"  in Europe (Brent Price), that
your candidates  for a senior interim operations head in Helsinki was David
Port or Richard Sage, and that your suggestion for additional depth is Steve
Young.

Further for the record, I believe that I am not the only one with whom Barry
has a credibility issue - Arthur Andersen, other Global Products personnell,
and other risk people in London have expressed similar concerns to me - I
just happen to be the most vocal.
Ted

Fernley Dyson
02/08/2000 04:07 PM
To: Richard Causey/Corp/Enron@ENRON
cc: Rick Buy/HOU/ECT@ECT, John Sherriff/LON/ECT@ECT, Ted Murphy/HOU/ECT@ECT,
Sally Beck/HOU/ECT@ECT
Subject: Trading Support Operations - London

Rick,

Not wishing to delay the comprehensive review of our trading support
function, particularly as it relates to our Global Products business, we
already have Barry Pearce taking a lead in this area.

The issue of concern is whether this should be an interim measure or a more
permanent solution.  Well - nothing is permanent in Enron and I think Barry
understands this as well as anybody. If we had a more suitable candidate, we
would give him/her the job.

I have seen Barry develop and mature over the last 12 months along with the
team that we have built around him. I'm convinced that he can add significant
value by drawing the Global Products support functions 'in to the fold'.
However, he clearly has a credibility issue with Ted in particular and,
whilst I do not share Ted's views, I do not hold Barry out as a saint and I
can see recurring problems if such a key relationship is not well grounded.

I suggest that we continue to search for a candidate - known and trusted
within Houston, who can instill confidence there. Steve Young (head of RAC in
London) may be an interesting option, although I'm sure he would not be easy
to replace. In the meantime we need Barry to take things forward and I will
be monitoring the situation very closely.

Regards

Fernley.


Kay:

Note the following timetable from the final version of the ENA/PPL letter
agreement:

(1)  ENA agreed to use commercially reasonable efforts to deliver the final
form of the turbine contract on or before April 11, 2001.
(2)  The parties agreed to commercially reasonable efforts to execute an
escrow agreement on or before April 16, 2001.
(3)  The escrow account must be funded 3 business days after the later of
(a) ENA's delivery of the final form of the turbine contract and (b) the
closing of PPL's financing.
(4)  ENA can terminate if the escrow is not funded on or before April 19,
2001 (but this date gets pushed back by one business day for each business
day beyond April 11, 2001 that ENA delivers the final form of the turbine
contract).
(5)  The closing occurs at least 5, but not later than 10, business days
after funding the escrow account.
(6)  Either party may terminate if the closing has not occurred on or before
May 3, 2001.

If ENA delivers the final form of the turbine contract on April 11, 2001,
then the April 19, 2001 right to terminate stands.  PPL's obligation to fund
the escrow would then be determined by the date of its loan closing.  Greg
Lang advises that they are working on PPL's financing, but he did not give
an estimated date for financial closing.

I advised Greg on Friday that the legal opinions from both GE and Enron were
causing heartburn.  He agreed to pass this along to Isabel Parker.  He asked
today about GE's reaction to the consent document and if it would be
appropriate for Isabel Parker to contact GE directly at this point.  He also
requested a draft of the escrow disbursement instructions.  When you get a
chance, please advise of any comments in order that we can circulate for
PPL's review.  Also, we need to contact Citibank to clear the proposed form
of escrow agreement (and the anticipated disbursement instructions) and to
negotiate the fee.  Let me know if we can assist in this regard.  Thanks.

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


Hi Continuing Evening MBA students:

If you register for more classes on TELEBEARS than you actually want for
Fall 2001, please send me an e-mail (right after you do Telebears) with:

1)  your class preferences ranked:  #1 choice, #2 choice, etc.
2)  the total number of units you would like

Thank you!
TJ


Start Date: 1/17/02; HourAhead hour: 22;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011722.txt
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Error: dbCaps97Data: Cannot perform this operation on a closed database


andrea.langfeldt@enron.com

 -----Original Message-----
From: 	Jai Hawker <JHawker@petersco.com>@ENRON
Sent:	Monday, December 03, 2001 8:22 AM
To:	Richey, Cooper
Subject:	FW: What happened...

I guess this is what we missed.

-----Original Message-----
From: Georgina.D.Newall@dynegy.com [mailto:Georgina.D.Newall@dynegy.com]

Sent: Monday, December 03, 2001 8:17 AM
To: Jai Hawker
Subject: What happened...

Jai

I don't know if you are speaking to me or not but what happened...You
missed a good one!

I went to my game at 10pm and got back to Tania's about 12:15 and started
to light it up with shooters.

We stayed up until 6am.  At about 4am one of Tania's grumpy lesbian
neighbors barged into her living room and told us that she hadn't been able
to sleep for the last 4 hours.  Needless to say Tania was not impressed as
the lesbian bitch could have just called.

Anyway I am going to get a coffee soon, don't know if you are interested.

G.


Dear Mark and Mark!
I spoke to Jeanette Elbertson last week and she suggested that I send you
both a brief outline giving some background which I have pleasure in doing.
My Chairman John Wisbey who founded the company in 1989 is next in New York
in October 11/12/13 but I am unsure as to where we would possibly meet if you
deemed it worthwhile?
As his Vice Chairman I am working out of our New York office for 6 months
generally in an effort to raise our group profile and as active associate
members of ISDA Rick Grove and his team have suggested that I meet as many of
the Board members as possible during my time.
Since John founded the company we have established a reputation of excellence
in financial systems,consultancy and training.Today we do business with about
45 of the world's top 100 banks.We are based in London with offices in New
York and Hong Kong.
Our 5 businesses could be summarised as follows:

1)Risk Management:
Firmament is an intellectual capital model for the risk process in a
financial institution.The areas covered comprise credit,market,liquidity and
operational risk management.
FirmRisk is a suite of risk management component software all web based used
to evaluate market risk,credit risk and VaR as well as providing
netting,collateral and P&L analysis.
2) Trading Systems:
Oberon is an integrated multi-currency trading system for the management of
interest rate and FX portfolios.
3) Document Management:
Image-Gen Planet provides access to data and documents via the Internet and
was especailly designed for UK local authorities to manage access to planning
databases.It is believed to be the first UK-built application offering access
to a Sybase database through the Internet.
4) Valuation Services:
a ) ValuRisk:This is a monthly/daily service providing closing mark-to-market
prices in the interest rate derivative markets.
b) ValuSpread:This is a confidential price validation service for market
makers in credit derivative products.
5) Lombard Risk Consultants:
Provides bespoke training to senior level executives in all aspects of risk
management including Basel.collateral,credit methodologies and policies.Also
provides courses on all aspects of the derivatives and associated
markets.Course are also public and web-based.

I will telephone Jeanette next week to see how we might meet in order to take
matters further.The area we would ideally like to focus on is Risk Management.

Kind regards
John Shield


Jay,

I changed the FTS monthly amount from $1,065 to $715 as previously
discussed.  It is effective Feb 20th.  I need to change the amount
transferred to account  586-61L86 from $150 to $175 and to account 586-61M19
from $175 to $200.  I also submitted a transfer of $1,000 into my CMA
account.  I would like to transfer $500 each into account 586-94017 and
account 586-94019.  This is my 2001 contribution to the Education IRA's.  Let
me know if I need to do anything else.  Also, when are the
recharacterizations from Roth to Traditional going to take place?  I will
need a 1099-R for the transactions I think.  Call me if you have any
questions.  Thanks.

DG


This is due today.  Any comments, please let me know asap.  Thanks.

JMB <JBennett@GMSSR.com> on 10/01/99 03:25:18 PM

To:	Mona L Petrochko/SFO/EES@EES
cc:

Subject:	Comments on Asset Valuation Application PD

 <<X04987.DOC>>

Mona -- let me know what you think -- it has to be filed on Monday.

Jeanne

 - X04987.DOC


I met with Dennis Benevides, Jim Wood and Scott Gahn about the PG&E strategy
we discussed and the EES perspective.  Suggestions:

Endorse the recent CAL ISO report on causes of the problem (no utility
forward buying, no demand responsiveness, etc) and say, with a few tweaks,
their proposals were on target.

Get CTC roll-off no earlier than Spring '01.  Retroactive roll-off would be
devastating.

Use PG&E $15 billion exposure as leverage to get competitive default supplier
in place (get them out of merchant supply).

Impose a stair-step shape on the rate increase, to prompt customer migration.

Keep PG&E somewhat at risk for wholesale cost recovery, delay recovery of
under-recoveries until out years.

Keep rate freeze (which is preferable to rate cap) to as short a period as
possible, post '01.

Here is a rework of Jim's bullet points to incorporate these thoughts:
  Keep in mind the numbers are all just placeholders and are not meant to be
definitive.  Once we start to hone in on the concept, we can develop the
right numbers.

From a retail perspective, this blends protection of the book with
advancement of new market opportunity.  I may still get more feedback from
the EES guys, but wanted to give you what I got so far.


OK.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 12/20/99 10:43
AM ---------------------------

JANET CONES
12/19/99 04:46 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Susan Scott/ET&S/Enron@Enron

Subject: Susan Scott's Expense Report

Attached for your approval is Susan's December 99 Expense Report.  I will
forward Tony's as soon as it is completed.


This should help - lets talk on Monday and see if we can identify a specific
customer.
Peggy
---------------------- Forwarded by Peggy Mahoney/HOU/EES on 09/15/2000 06:37
PM ---------------------------

Peggy Mahoney
09/14/2000 06:09 PM
To: James D Steffes/HOU/EES@EES, Harry Kingerski/HOU/EES@EES, Richard
Shapiro/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, James M Wood/HOU/EES@EES,
Martin Wenzel/SFO/HOU/EES@EES, Tom Riley/Western Region/The Bentley
Company@Exchange, Greg Cordell/HOU/EES@EES, Karen Denne/Corp/Enron@ENRON,
Mark Palmer/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Chris
Hendrix/HOU/EES@EES, Gary Mirich/HOU/EES@EES, George Waidelich/SFO/EES@EES,
Ronald G Mentan/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES
cc:
Subject: Enron Energy Services: With Dereg Under Fire,Enron Calif Elec
Business Heats Up

FYI - not sure if you guys saw this!  Still looking for a corporate customer
to go on record.
Peggy
---------------------- Forwarded by Peggy Mahoney/HOU/EES on 09/14/2000 06:06
PM ---------------------------

	Enron Energy Services

	From:  Christopher Smith                           09/14/2000 11:54 AM

To: Peggy Mahoney/HOU/EES@EES
cc:
Subject: Enron Energy Services: With Dereg Under Fire,Enron Calif Elec
Business Heats Up

FYI
---------------------- Forwarded by Christopher Smith/HOU/EES on 09/14/2000
11:54 AM ---------------------------

djcustomclips@djinteractive.com on 09/14/2000 12:41:56 PM
Please respond to nobody@mail1.djnr.com
To: 190852@mailman.enron.com
cc:
Subject: Enron Energy Services: With Dereg Under Fire,Enron Calif Elec
Business Heats Up

With Dereg Under Fire,Enron Calif Elec Business Heats Up
By Jason Leopold

09/14/2000
Dow Jones Energy Service
(Copyright (c) 2000, Dow Jones & Company, Inc.)

  LOS ANGELES -(Dow Jones)- While federal regulators try to find a way to
stabilize soaring wholesale electricity prices in California, Enron Corp.
(ENE) has been quietly striking up deals with some suburban communities to
sell them fixed-price power at a lower rate.

  In the past month, the Houston-based electricity service provider entered
into long-term fixed-rate contracts with the city of Roseville and is
negotiating similar deals with the cities of San Marcos and Chula Vista. Both
of those cities currently get their power from San Diego Gas & Electric Co, a
unit of Sempra Energy Inc. (SRE), and pay market rates for electricity.
  Enron has also struck a deal with Starwood Hotels & Resorts Worldwide Inc.
(HOT), one of the world's largest hospitality companies, to sell the company
electricity at a fixed rate for the next 10 years. The company has four hotels
in California, three of which buy their power from SDG&E.

  Sources close to the matter said Enron has contracted to sell the hotel
power at about 6 cents per kilowatt-hour, compared with the 22.5 cents/KWh
Starwood said it was charged by SDG&E in August.

  Neither company would disclose the terms of the deal. But Starwood said it
expects to reduce its energy costs by more than $200 million over the next 10
years.

  Enron, the largest trader of electricity and natural gas in the U.S., will
purchase power to cover such contracts on the wholesale markets and use its
experience to manage the risks, while paying a fee to utilities like SDG&E for
use of their distribution networks.

  "That really is our core strength," said Harold Buchanan, chief operating
officer for Enron Energy Services North America. "We understand how to manage
those risks."

  High Rates Driving Industrial Customers, Cities To Switch

  The growing interest in fixed-price supply contracts is fueling a comeback
of sorts for Enron.

  The Houston-based company had tried to break into California's retail power
market just after deregulation, even spending nearly $1 million to advertise
the venture during the Super Bowl. But Enron gave up trying to win residential
customers in 1998, citing disappointing response and lower-than-expected
profits.

  That was when deregulation and competitive power markets were full of
promise. Oddly enough, now that deregulation is coming under attack in
California, soaring power prices are building demand for Enron's services.

  The company is fielding calls from large industrial customers in San Diego
that have seen their utility bills triple in the past three months and are
interested in signing long-term fixed-rate contracts, Buchanan said.

  "Overall, what Enron can provide is reliability pricing in San Diego that's
written in stone," Buchanan said. "It's far cheaper than what they're paying
now with the utilities."

  A number of large industrial customers negotiating with Enron declined to
comment.

  The city of Roseville, near Sacramento, entered into a $114 million contract
with Enron last month to purchase 50 megawatts of electricity for five years
at $49 per megawatt-hour.

  Furthermore, the city has started talks with Enron about building and
operating a 750-megawatt natural gas-fired power plant that city officials
expect will contribute to lower costs for the purchase of electricity.

  Mayor Harry Crabb said the plant could protect residents from the price
spikes that have plagued customers of SDG&E since June.

  San Marcos, in San Diego County, is proposing to switch electricity service
for its 10,000 residents to Enron from SDG&E - a move the City Council said
could shave about $12 million a year off the city's power bill. Enron has said
it would offer the city terms nearly identical to those it offered Roseville.

  An SDG&E spokesman said last week that the utility supports such
arrangements, saying they're one way deregulation is supposed to work.

  Enron offered earlier this summer to sell power to SDG&E itself for four
years at a fixed rate of 5.5 cents/KWh, but the utility said the price was too
high.

  California Gov. Gray Davis signed legislation two weeks ago to cap
electricity rates for SDG&E's customers at 6.5 cents/KWh.

  -By Jason Leopold, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com

Folder Name: Enron Energy Services
Relevance Score on Scale of 100: 80

______________________________________________________________________

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Chicago And Its Suburbs Pick Enron, ComEd For Power Deals
Dow Jones Energy Service, 06/06/01

India IDBI Says Lender Talks With Enron To Resume Thurs
Dow Jones International News, 06/06/01

INDIA: Enron's Dabhol takes Indian regulator to court.
Reuters English News Service, 06/06/01

USA: ANALYSIS-LNG gets new look as way to ease US energy woes.
Reuters English News Service, 06/06/01

India PM Hopes Enron/Dahbol Power Dispute Can Be Settled
Dow Jones International News, 06/06/01

India's Vajpayee Says Enron's Power Costs Too Much, AFP Reports
Bloomberg, 06/06/01

Chicago And Its Suburbs Pick Enron, ComEd For Power Deals

06/06/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

CHICAGO -(Dow Jones)- The City of Chicago and 47 suburban communities have
decided to divide new deals for 400 megawatts of power between Enron Corp.
(ENE) and local utility Commonwealth Edison Co., Chicago officials said
Wednesday.
In the largest power purchase agreement in Illinois since the state choose to
deregulate the industry in 1997, the local government groups will get 60% of
their power from Enron and 40% from Exelon Corp.'s (EXC) ComEd. The
municipalities use the power for public buildings and public transportation.
"We used our purchasing power as local governments to get the best price we
could and at the same time to promote competition in Illinois," Chicago Mayor
Richard M. Daley said at a press conference.
The government coalition sent out a request for proposals to the state's 13
registered electricity providers last summer requesting bids for cheaper
power, and also for power that's generated with 20% renewable supplies.
Combined, the municipalities currently pay ComEd about $110.6 million a year
for 400 megawatts of power, most of which comes from nuclear and coal-fired
power plants.
Chicago announced Monday that the group has picked ComEd to meet the
renewable target by providing 80 megawatts of power created with landfill
gas, wind and other sources. ComEd will also provide the coalition with
another 80 megawatts of power generated with fossil fuel and nuclear plants,
and Enron will provide the other 240 megawatts. The new contracts are
expected to go into effect this year.
Terms of the power deals weren't announced, as about 4,000 accounts between
municipal agencies and the two power providers must still be ironed out, city
officials said.
But the government groups do have a target for savings. Chicago, which uses
about 200 megawatts and pays ComEd about $50 million annually for power,
expects to save a net $3 million a year through a combination of cheaper
power from Enron and more expensive renewable power from ComEd. Once all the
accounting is completed, it's likely the municipal groups will save up to $5
million in total each year, the city estimates.
"Enron gave us the most competitive price," Daley said.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

India IDBI Says Lender Talks With Enron To Resume Thurs

06/06/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW DELHI -(Dow Jones)- India and foreign lenders are scheduled to meet again
Thursday in Singapore after two days of talks with Enron's (ENE) Dahbol Power
Co. over the future of India's largest direct foreign investment ended in a
deadlock, said R.M. Ganatara, general manager of the Industrial Development
Bank of India Wednesday.
Domestic lenders which include IDBI, State Bank of India (P.SBI) and ICICI
Ltd. (IC) have lent $1.4 billion to the $2.9 billion Dabhol Power project.
"Something is being hammered out, there isn't a common meeting point yet. We
will be looking toward a solution to end this crisis at tomorrow's meeting.
However, I'm not sure how and where the talks will end," Ganatara said.
Last month, Dabhol Power issued a preliminary notice to terminate its
agreement to sell power to India's Maharashtra state government and to
provide power from its online 740-megawatt Dabhol Power plant.
Dabhol Power issued the notice to terminate after the state failed to
December and January pay power bills amounting to $48 million on time. The
state and Dabhol Power are currently in talks in an effort to see if they can
renegotiate the deal including a power purchase agreement the state says is
now too expensive.
Also, a second phase of the project, a 1,444 megawatt power plant, is more
than 90% built whose completion is also in doubt.
Indian lenders to the Dabhol Power project don't have any counter guarantees
from the federal government as international lenders do. The parties agreed
to meet in Singapore on Tuesday and Wednesday to see if they could bring
about a settlement between Enron and the state of Maharashtra. -By Himendra
Kumar, Dow Jones Newswires; 91-11-461-9426;
Himendra.Kumar@Dowjones.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

INDIA: Enron's Dabhol takes Indian regulator to court.

06/06/2001
Reuters English News Service
(C) Reuters Limited 2001.

BOMBAY, June 6 (Reuters) - Enron's Dabhol Power Company (DPC) has challenged
the jurisdiction of a local regulatory body in trying to resolve a dispute
between the company and an Indian state utility that has threatened nearly $3
billion worth of foreign investment, an industry source said on Wednesday.
Dabhol, owned 65 percent by Houston-based Enron , filed a petition on
Wednesday before the Bombay high court questioning the jurisdiction of the
Maharashtra State Electricity Regulatory Commission (MERC), the source added.
MERC, which was not immediately available to comment, last week intervened in
the dispute by granting interim relief to the utility.
A Dabhol spokesman declined to comment.
MERC, which is responsible for electricity regulation in Maharashtra, had
intervened in the dispute last week by restraining Dabhol from certain
actions.
It asked the company, which is fighting a legal case against MSEB, from
proceeding against the utility in the International Court of Arbitration in
London. The regulator also asked the company not to activate a special bank
account which is crucial for Dabhol to continue work on the project's second
phase.
Dabhol's 2,184 MW power project on India's western coast is being set up in
two phases. The first phase of 740 MW is already supplying power to MSEB,
while the second phase of 1,444 MW is expected to be operational soon.
Dabhol had stated before the Commission that it does not recognise its
authority to intervene in the dispute. As per the 1995 agreemnt with MSEB,
all disputes are to be resolved through international arbitratration.
The source said Wednesday's petiton before the Bombay high court questions
MERC's role but did not reveal any other details. The Press Trust of India
said the petiton would come up for hearing on June 11.
The move comes amidst an escalating row between between Dabhol and the
Maharashtra State Electricity Board (MSEB), over payment defaults and high
tariffs.
MSEB began defaulting on its payments six months ago to Dabhol saying that
its power was too costly. It also cancelled its purchases and said it would
be unable to lift output from the second phase.
Dabhol filed for arbitration and issued a preliminary notice to cancel its
contract with MSEB.
The dispute has already affected India's image among foreign investors and
global credit rating agency Moody's Investor Services said last week the
dispute has raised concerns over whether India would be able to fulfill its
contractual obgligations.
The dispute is also affecting foreign and local lenders, who have been
meeting for two days in Singapore to discuss the fate of the project. They
are slated to continue discussions on Thursday.
Foreign lenders want to cancel their loans worth around $600 million to the
project while the local lenders are urging them against it.
A senior banking official told Reuters that no decision was taken on
Wednesday regarding the cancellation of loans. It will most probably be
decided on Thursday when the foregin lenders confer amongst themselves..
The Indian lenders who participated in the meeting for two days are returning
on Wednesday, he added.
Meanwhile, the Indian Prime Minister, Atal Behari Vajpayee, said on Wednesday
that he was hopeful of a solution to the dispute.
"The Enron issue is on the way to being solved. I am confident the government
of Maharashtra and Enron will together sort out the problem," he told
reporters in Bombay. But he expressed doubts whether other Indian states will
be able to afford the cost.
"Yes, that is a problem and we are trying to solve it. The other states will
also have the same problem that the Maharashtra government is facing. What
will they do with such expensive power?," he asked. ($1=46.97 Indian rupees).

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

USA: ANALYSIS-LNG gets new look as way to ease US energy woes.
By Manuela Badawy

06/06/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW YORK, June 6 (Reuters) - With blackouts in California a stark example of
what is at stake if the United States runs short of natural gas, liquefied
natural gas, or LNG, is getting a new look as a means to solve a growing U.S.
energy crisis.
While natural gas has been increasingly embraced in the United States for its
environmental virtues - it burns more cleanly than oil or coal and emits
fewer greenhouse gases - LNG has been all but abandoned due to poor economics
and fears that transporting it safely by ship is not worth the risk.
But with gas prices at historically high levels amid forecasts that U.S. gas
demand is beginning to outpace domestic supplies, LNG suddenly looks
financially viable, and the LNG industry insists improved technologies have
minimized risks.
Some analysts are even saying LNG's share of the U.S. gas market could triple
to more than 10 percent over the next half decade as oil companies like El
Paso Corp., Texaco Inc. and BP set plans to build about 10 new plants in and
near the United States to process LNG. Those 10 would join four existing
plants, two of which have been out of operation for years.
"Significant new investment in LNG to serve U.S. markets will probably be
attractive if long-term average gas prices in Gulf Coast producing areas are
$3.25 per mmBtu or higher," said Howard Gruenspecht of Resources for the
Future, a Washington think tank. Natural gas prices are now at about $4 per
million British thermal units (mmBtu), down from an all-time high over $10
per mmBtu last December.
LNG is natural gas in a highly compressed, super-cold form that enables it to
be transported in special tankers much like crude oil.
Safety concerns aside, spurring LNG imports is probably the quickest way
among a number of options to prevent energy shortages like those in
California from spreading. LNG would also give gas producers around the world
access to the huge U.S. market which, in this decade, could grow by 30
percent.
But those safety concerns remain in sharp focus, as citizens continue to
raise not-in-my-backyard-type objections to LNG development, making winning
regulatory approval extremely difficult.
TEXACO MAY HAVE THE ANSWER
LNG's public relations problem began with a 1944 accident in Cleveland
involving leaking tanks that killed 128 people. The industry never quite got
over that, and 38 more deaths in the 1970s from two East Coast LNG explosions
all but sealed LNG's star-crossed fate.
LNG's compressed, super-cold form requires careful handling, particularly
when it is brought back to normal atmospheric temperatures and pressures.
But analysts say the LNG industry has come a long way on safety, particularly
of the tanks themselves, and risks are lower than they have ever been.
"The LNG market makes for a good science fiction story because it's this
cryogenic liquid, but the fact of the matter is that it's a far safer fuel
than a lot of the combustible hydrocarbons," said Bob Nimocks, president of
energy consulting firm Zeus Development Corp.
Texaco thinks it may have the solution to the not-in-my-backyard obstacle
that dogs LNG development with plans to build an offshore LNG plant off the
coast of Louisiana in the Gulf of Mexico.
Putting a plant offshore, far from towns and cities, would not only
neutralize the so-called NIMBY factor, it would also speed regulatory
approvals since many of the risks regulators weigh so carefully for
land-based plants do not exist in the Gulf.
"The possibility of constructing the terminal offshore may allow it to be
built without incurring local citizen objection and it would be less
expensive," Nimocks said.
Double-walled tankers would offload the natural gas in a liquid state into
low-pressure storage tanks. After the LNG is stored, it would then be
"vaporized" into natural gas, which can then be transported by pipeline to
shore.
Texaco's terminal, which would be large by industry standards, would have an
initial capacity of 1 billion cubic feet (bcf) of natural gas per day, or
enough gas to power upward of 6 million single-family homes.
"You would need three terminals of this size running full-time to provide
just 1 trillion cubic feet (tcf) of annual LNG import capacity," Gruenspecht
said.
Total U.S. import capacity of LNG is about 1.0 tcf per year, or about 4
percent of U.S. gas consumption, though actual LNG imports in 2001 will be
less than half of that because the two mothballed terminals are only now in
the process of being reopened.
ALL IN PERSPECTIVE
If all the new projects being contemplated do materialize, LNG may feed 8
percent to 12 percent of the total U.S. gas market by 2007.
Last year, U.S. demand for natural gas was about 22.7 tcf and is projected to
increase up to 12 tcf during the next 10 years as utilities lean more heavily
on gas to fire electricity generators, analysts said. In other words, gas now
makes up 24 percent of U.S. energy use, but by 2020 that percentage will rise
to 36.5 percent.
As long as natural gas prices stay above the $3.50/$4.00 per mmBtu range, LNG
import projects should be able to make money, analyst Benjamin Schlesinger
from Schlesinger and Associates said. But, if prices fall to $3.00 mmBtu, it
will be touch and go, Nimocks said.
With such bullish gas projections, companies are revamping existing LNG
terminals and building new ones. California, in particular, where roughly 40
percent of all electricity generation is derived from gas, would benefit from
LNG development.
Demand for gas in California, the second-largest U.S. market for gas and
10th-largest producing state, has outstripped the rate of local
infrastructure expansion. The resulting shortfall of gas supplies, plus a
lack of power plants, explain why the state is in a serious energy crisis.
NEW AND EXISTING TERMINALS
El Paso, the most ambitious of the LNG players, has plans for up to six new
terminals in Mexico, the Bahamas, and the United States, with the first of
two Mexican plants possibly on line in three years.
And both El Paso and Chevron are looking to bring supply from Australia as
high gas prices on the U.S West Coast make an alluring target for vast
Asia-Pacific gas resources.
BP has tentative plans to build up to three new terminals, with one in
Florida, and energy powerhouse Enron Corp. has proposed a plant in the
Bahamas connected by a 90-mile (145 km) pipeline to Florida.
The LNG terminal-building spree would expand or open up the U.S. market to
gas producers like Algeria, Trinidad, Nigeria and Qatar. Texaco, for its
planned facility in the Gulf of Mexico, plans to bring LNG from Angola.
Existing U.S. terminals are also in for a renaissance. Currently the country
has four LNG import terminals, but only two of them - one at Lake Charles,
La., the other at Everett, Mass., near Boston - are in operation. The other
two, in Cove Point, Md., and Elba Island, Ga., were idled years ago for lack
of demand but are expected to reopen in one to three years.
"The new LNG plants are not going to make LNG a big player, but they could
link natural gas prices in North America to the large supplies of gas
elsewhere in the world," Gruenspecht said.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

India PM Hopes Enron/Dahbol Power Dispute Can Be Settled

06/06/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW DELHI -(Dow Jones)- The Indian Prime Minister Atal Bihari Vajpayee said
Wednesday that he hoped the Maharashtra state government and the Dabhol Power
Co., majority-owned by U.S.-based Enron Corp. (ENE), will be able to settle
their dispute over the purchase of power, the United News of India reported.
The Maharashtra State Electricity Board is the sole buyer for
Dabhol-generated electricity, and is in conflict with Dabhol Power over what
the state government claims are "unaffordable" power tariffs. The Dabhol
project is located in the western Indian state of Maharashtra.
"Under the present circumstances, we are trying to resolve the power tariff
issue with Enron," the UNI report quoted Vajpayee as saying.
Asked whether the federal government would purchase power from Dabhol,
Vajpayee said it was too expensive for both the federal and the state
governments.
Politicians complain Dabhol's costs have averaged more than 4 rupees a unit
($1=INR46.99), compared with the INR1.8 a unit agreed in 1995, for
naphtha-generated electricity from the 740-megawatt plant. The dispute
erupted last year, when prices shot up to INR7 a unit because of worldwide
fluctuations of oil prices and the rupee's depreciation.
Maharashtra politicians have called for the tariff to be renegotiated. Other
politicians and senior government officials have suggested selling power to
nearby power-hungry states.
Enron maintains that work to add 1,444 MW to the Dabhol project's capacity
will be completed by the end of the year, which it has said will likely bring
down prices. The plant will switch from naphtha to cheaper liquefied natural
gas as a fuel source in 2002.
Texas-based Enron has a 65% stake in the DPC and is the project's largest
shareholder. Other shareholders include the MSEB with 15%, and General
Electric Co. (GE) and Bechtel Enterprises (X.BTL) with 10% each.
-By Himendra Kumar, Dow Jones Newswires; 91-11-461-9427;
himendra.kumar@dowjones.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

India's Vajpayee Says Enron's Power Costs Too Much, AFP Reports
2001-06-06 12:30 (New York)

     Mumbai, June 6 (Bloomberg) -- Indian Prime Minister Atal
Behari Vajpayee said it would be difficult to find buyers for
power produced by Dabhol Power Co., a local unit of Enron Corp.,
because it's too expensive, the Agence France Presse reported.
    ``The difficulty (about the high cost of power) facing
Maharashtra will be for other states as well. What is to be done
about such costly power?'' AFP quoted Vajpayee as saying.
     Dabhol and the Maharashtra State Electricity Board, its only
customer, are in a dispute over power rate. The board has stopped
buying power from Dabhol after the U.S. energy company began steps
to terminate a $3 billion power venture.
     Still, Vajpayee said he was hopeful the dispute will be
resolved. ``The dispute is on the way to being resolved. I am
confident the government of Maharashtra and Enron will come to a
solution,'' he said.
     Indian banks that funded Dabhol and foreign lenders extended
a meeting into a third day, after initially planning a two-day
meeting in Singapore, to try and save the power project from
closure.
     Indian banks, which have loaned $1.4 billion to the project,
have most at stake in the project and are seeking ways to keep it
alive. International lenders received government guarantees for
about $600 million they lent to the project.


Requester: Chris Lambie
Request Type: Vacation
Request Submitted: 1/29/2002 8:38:42 AM

Start Date: 1/28/2002 8:00:00 AM
End Date: 1/29/2002 8:00:00 AM
Length Requested: 8 Hours
Days Submitted: 1 Day(s)
Comments:

Please click on either the Approve or Reject button at the top of this message.  If you don't see them, fully open the message.


double or nothing means  if  i win you pay me 100  and if i lose we are
flat.  do you remember you lost $50 to me on jan 1?  your math is bad.  our
bet isn't if i win you owe me $100 and if you win i owe you $100.  that
doesn't make sense.    you need to stop sniffing the glue.  how is the house
hunting going?  so are you and max going 50/50?  i haven't met all cougars.
i met a little hottie who is an education major.  she is still in school.  i
am going young so when i get married i wont have to turn her in as early.
cougars don't have a long marriage expectancy if you marry someone who wants
to trade you in when you are really old for a younger model.  geaux tigers.


I left you a voice mail regarding this request.

From: Tana Jones on 10/11/2000 11:33 AM
To: Lisa Lees/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT
cc: Tom Moran/HOU/ECT@ECT
Subject: RUSH APPR0VAL-Salomon Smith Barney AAA Energy Fund

John Arnold wants this counterparty opened ASAP for financial.  We didn't
have any financial statements from them when they originally came thru, so we
couldn't determine their ESP status, but we're OK now, so if you could open
them for financial ASAP.

Thanks.


-----Original Message-----
From: 	Meyer, Mitch
Sent:	Tuesday, November 20, 2001 10:48 AM
To:	'Stan Horton.@ENRON'
Subject:	RE: Thanksgiving Holiday

Thanks for the note Stan.  It is nice to know that with all of the distractions within our company lately you still recognize the things we should be thankful for.  I know you have your hands full with the current situation, but I hope you take time to enjoy the holidays with your family and friends as well.

Sincerely,
Mitch Meyer

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON   On Behalf Of Stan Horton.@ENRON
Sent:	Monday, November 19, 2001 8:45 PM
To:	Enron Global Services - US@ENRON
Subject:	Thanksgiving Holiday

As we approach the Thanksgiving Holiday, I want to take this opportunity to wish you and yours a safe and happy Holiday.
With the recent events in our nation, giving thanks this year has taken on a whole new meaning.  This Thanksgiving we honor the brave, enduring heroes who gave their lives as well as those who are abroad fighting for freedom. We can be thankful for our great nation and for the world coming together.
I recognize that here at Enron we are working through some challenging times and that everyone in the organization is working hard.  Thank you for your continued dedication.
Please take some time over the Holiday to enjoy your family and friends.
Happy Thanksgiving.
Stan


Hello all:

Along with the inception of the New SAP time keeping, we also have new
expense account forms.

They will no longer use your social security number as the id on your
expense accounts,  they want you to use your new employee # that was
sent to you by email to access HRonline.

In order for Anita and myself to continue to do your expense reports, we
will need your new employee #.

Please send this number to me as soon as possible.

Thanks!

Shirley


RIGZONE DAILY NEWS -- THURSDAY, JANUARY 10, 2002
------------------------------------------------------------
Daily News from the worldwide upstream oil & gas industry
   to view the complete version, please go to:
   http://www.rigzone.com/newsletter_show.asp?n_id=197
------------------------------------------------------------


Please read this message from Cynthia and get back to her if you can help.
Thank you.

Cynthia Gonter@EES
03/22/2000 10:25 AM

MS150 VOLUNTEERS NEEDED !!!

CONTACT CYNTHIA GONTER
(713) 345-7404

If you are unable to ride or if you now someone that just wants to be a part
of this GREAT EVENT "MS150" please contact Cynthia Gonter at the above phone#
so we may add you to the list.  We need people for the lunch break on Sat
April 15 in Bellville, that afternoon in Fayette County Fairgrounds in La
Grange were we will all camp out at night and have a great dinner and
entertainment.  This year we will also like to have some of our volunteers
follow the riders to their end of VICTORY FINISH LINE.  We need people for
lunch at Bastrop High School and at the finish line were there will be
another party given by MS to celebrate the great challange our rides have
just accomplished.  This will be in Austin at the Applied Materials site.

WE ARE LOOKING FOR SERIOUS VOLUNTEERS THAT ARE WILLING TO SHARE THE FUN AND
EXCITING EVENT OF THE YEAR WITH THIS GREAT ENRON TEAM !!!!

We look forward to hearing from you soon so we may have a group meeting and
schedule you for your times.


---------------------- Forwarded by Kayne Coulter/HOU/ECT on 12/13/2000 12:11
PM ---------------------------

Gary and Donna Holtz <dgholtz@yahoo.com> on 12/12/2000 05:32:02 PM
To: Karole Svitak <Moparmamamia@aol.com>
cc:
Subject: THROUGH A BABY'S EYES

Some of you may have read this one before, but It
really makes us realize how lucky we all are.  God's
blessings to you all during this joyful holiday
season!

The family meal
> >
> > We were the only family with children in the
> restaurant.  I sat Erik in a
> > high chair and noticed everyone was quietly eating
> and talking.  Suddenly,
> > Erik squealed with glee and said, "Hi there."  He
> pounded his fat baby
> > hands
> > on the high-chair tray.  His eyes were wide with
> excitement and his mouth
> > was
> > bared in a toothless grin. He wriggled and giggled
> with merriment.
> >
> > I looked around and saw the source of his
> merriment.  It was a man with a
> > tattered rag of a coat; dirty, greasy and worn.
> His pants were baggy with
> > a
> > zipper at half-mast and his toes poked out of
> would-be shoes.  His shirt
> > was
> > dirty and his hair was uncombed and unwashed. His
> whiskers were too short
> > to
> > be called a beard and his nose was so varicose it
> looked like a road map.
> > We
> > were too far from him to smell,
> > but I was sure he smelled.  His hands waved and
> flapped on loose wrists.
> > "Hi
> > there, baby; hi there, big boy. I see ya, buster,"
> the man said to Erik.
> >
> > My husband and I exchanged looks, "What do we do?"
> > Erik continued to laugh and answer, "Hi, hi
> there."
> > Everyone in the restaurant noticed and looked at
> us and then at the man.
> > The
> > old geezer was creating a nuisance with my
> beautiful baby.  Our meal came
> > and
> > the man began shouting from across the room,
> > "Do ya know pattycake? Do you know peek-a-boo?
> Hey, look, he knows
> > peek-a-boo."  Nobody thought the old man was cute.
> He was obviously drunk.
> > My husband and I were embarrassed. We ate in
> silence; all except for Erik
> > who
> > was running through his repertoire for the
> admiring skid row bum, who in
> > turn, reciprocated with his cute comments.
> >
> >
> > We finally got through the meal and headed for the
> door.  My husband went
> > to
> > pay the check and told me to meet him in the
> parking lot.  The old man sat
> > poised between me and the door.  "Lord, just let
> me out of here before he
> > speaks to me or Erik," I prayed.  As I drew closer
> to the man, I turned my
> > back trying to side-step him and avoid any air he
> might be breathing.  As I
> > did, Erik leaned over my arm, reaching with both
> arms in a baby's
> > "pick-me-up" position.
> >
> >
> > Before I could stop him, Erik had propelled
> himself from my arms to the
> > man's.  Suddenly a very old smelly man and a very
> young baby consummated
> > their love relationship. Erik in an act of total
> trust, love, and
> > submission
> > laid his tiny head upon the man's ragged shoulder.
>  The man's eyes closed,
> > and I saw tears hover beneath his lashes.  His
> aged hands full of grime,
> > pain, and hard labor gently, so gently, cradled my
> baby's bottom and
> > stroked
> > his back.  No two beings have ever loved so deeply
> for so short a time.  I
> > stood awestruck.  The old man rocked and cradled
> Erik in his arms for a
> > moment, and then his eyes opened and set squarely
> on mine.
> > He said in a firm commanding voice, "You take care
> of this baby."
> > Somehow I managed, "I will," from a throat that
> contained a stone.
> > He pried Erik from his chest-unwillingly,
> longingly, as though he were in
> > pain. I received my baby, and the man said, "God
> bless you, ma'am, you've
> > given me my Christmas gift. "  I said nothing more
> than a muttered thanks.
> > With Erik in my arms,I ran for the car.  My
> husband was wondering why I was
> > crying and holding Erik so tightly, and why I was
> saying, "My God, my God,
> > forgive me."
> >
> >
> > I had just witnessed Christ's love shown through
> the innocence of a tiny
> > child who saw no sin, who made no judgment; a
> child who saw a soul, and a
> > mother who saw a suit of clothes.  I was a
> Christian who was blind, holding
> > a
> > child who was not.  I felt it was God asking "Are
> you willing to share your
> > son for a moment?" -- when He shared His for all
> eternity.  The ragged old
> > man, unwittingly, had reminded me, "To enter the
> Kingdom of God, we must
> > become as little children."
> >
> >
> > If this has blessed you please bless others by
> sending it on!
> >

__________________________________________________
Do You Yahoo!?
Yahoo! Shopping - Thousands of Stores. Millions of Products.
http://shopping.yahoo.com/


Please grant me access to the rac website.  I am the manager for the central
region - natural gas.  I need access to activate and inactivate and view all
central books.  Please give me a call with any questions.  Thanks for your
help.
PL
3-7376

---------------------- Forwarded by Phillip M Love/HOU/ECT on 05/14/2001
12:31 PM ---------------------------
From: Jennifer Velasco/ENRON@enronXgate on 05/14/2001 09:49 AM
To: Chad Ihrig/ENRON@enronXgate, Phillip M Love/HOU/ECT@ECT
cc:
Subject: Web Access

Please send this request to Matthew Adams.  He is the one who will help you
with setting up access to the website.

Thank you.
Jennifer Velasco
X 5-2526


Are we really going to stay at the shithole hotel in Vegas or are you going
to get rooms at the Bellagio?


-----Original Message-----
From: 	Dasovich, Jeff
Sent:	Friday, November 02, 2001 5:55 PM
To:	Shapiro, Richard; Steffes, James D.; Dietrich, Janet; Blachman, Jeremy; Frazier, Lamar; Leff, Dan; Hughes, Evan; Smith, Alison; Smith, Mike; Williams, Robert C.; Delainey, David W.; Kean, Steven J.; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; Mara, Susan; Kaufman, Paul
Subject:	Update:  Meeting w/Edison RE: recovery of Negative CTC Claim

?	We met with Edison yesterday in the attempt to settle our negative CTC claim.
?	Edison continues to take a very hard-line, extreme position.  This is it in a nutshell:
1.	all customers--bundled and DA alike--"contributed to Edison's undercollection" and all customers must pay it down;
2.	bundled customers contributed through frozen rates and DA customers contributed through the negative CTC;
3.	Edison says it will pay ESPs past due amounts related to the negative CTC, but it intends to then turn around and assess a charge on all customer bills--DA and bundled alike--to recover its undercollection.
4.	Edison intends to collect it over approximately 2 years.  Edison estimates that the charge to DA customers over this period would be about $25-27/MWH.
5.	Under Edison's plan, Enron would likely end up paying Edison, i.e., the present value of the "undercollection" charge would exceed the present value of the lump sum negative CTC payment.
?	Obviously, with respect to any settlement with Edison, we're extremely far apart and we're therefore considering other 	options.
?	In the meantime, the California PUC is engaged in DA and PX credit-related activities beginning next week and Edison 	will try to get the Commission to adopt their proposal.
?	We are working with other market participants and gearing up to vigorously oppose Edison's proposal at the PUC.
?	We will distribute something on Monday describing our approach and tactics at the PUC for folks to review and 	comment on.
?	We are scheduled to meet with Edison again next Thursday to try to knock some sense into them (the probability of 	which is low).

If you have any questions, let us know.

Best,
Jeff


The zone and UNA meter exist in sitara already. Two of the five meters that will be assigned
by schedulers need to be set up. As it is, the zone is mapped to Socal curves -
but should be PG&E as you said below.
Jason

 -----Original Message-----
From: 	Bike, Anne
Sent:	Friday, October 19, 2001 3:22 PM
To:	Severson, Russ
Cc:	Wolfe, Jason; Lozano, Melba
Subject:	FW: Kern Las Vegas
Importance:	High

Russ: Patti and Jason are working to add this location to SITARA.  The curves that are associated with this pipe and zone are:  NGI-SOBDR-PG&E and GDP-PG&E/TOPOCK.

Let me know if you need any additional information.

Thanks

Anne

 -----Original Message-----
From: 	Lozano, Melba
Sent:	Friday, October 19, 2001 1:53 PM
To:	Wolfe, Jason
Cc:	Jones, Monte; Sweitzer, Tara; Clause, Kristen; Walker, Chris; Bike, Anne; Grigsby, Mike
Subject:	RE: Kern Las Vegas
Importance:	High

Please verify that this is the one....

 << OLE Object: Paintbrush Picture >>
 << OLE Object: Paintbrush Picture >>

also,

One more thing...

What is the curve?  if you would be booking it manually, what would you put under Nymex Ref? (pub code)...

Let me know...

 -----Original Message-----
From: 	Wolfe, Jason
Sent:	Friday, October 19, 2001 1:42 PM
To:	Lozano, Melba
Cc:	Jones, Monte; Sweitzer, Tara; Clause, Kristen; Walker, Chris; Bike, Anne; Grigsby, Mike
Subject:	Kern Las Vegas
Importance:	High

Information for new physical point

US Gas Phy	Kern Las Vegas		Dec01		USD/MM

Pipe: Kern River Gas Transmission
Trade Zone: Las Vegas
Facility: UNA - Las Vegas

Meters will be determined during scheduling; it should bridge with unassigned meter.
EOL products required are Next Day physical, Next Day + 1 phys, BOM phys, BOM +1 phys,
and Prompt phys.

Trader: Mike Grigsby
Risk Book: ENA - IM WC CAL
Book Admin: Monte Jones

Thanks,

Jason Wolfe
x30568


We can start the reviews as soon as you are ready. Please note that the
message from HR is we are not communicating rankings which is a change from
what was originally planned.

Thanks - Bob
---------------------- Forwarded by Robert Superty/HOU/ECT on 12/13/2000
04:56 PM ---------------------------

	Enron North America Corp.

	From:  Hector McLoughlin @ ENRON                           12/13/2000 04:49 PM

To: Bob M Hall/NA/Enron@Enron, Mary Solmonson/HOU/ECT@ECT, James
Scribner/Corp/Enron@Enron, Eugenio Perez/HOU/ECT@ECT, Shona
Wilson/NA/Enron@Enron, Sheri Thomas/HOU/ECT@ECT, Joel
Henenberg/NA/Enron@Enron, Jeffrey C Gossett/HOU/ECT@ECT, Robert
Superty/HOU/ECT@ECT, Steve Venturatos/HOU/ECT@ECT, Thresa A
Allen/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Stacey
W White/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT,
Jennifer deBoisblanc Denny/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Michael Eiben/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT, Torrey
Moorer/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT, Richard C McKeel/HOU/ECT@ECT,
Randall L Gay/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, Russ
Severson/HOU/ECT@ECT, William Kelly/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT,
Lisa Csikos/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Donna
Greif/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT,
Mary M Smith/HOU/ECT@ECT, Diane H Cook/HOU/ECT@ECT, Daren J
Farmer/HOU/ECT@ECT, Kimberly S Olinger/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT,
Vanessa Schulte/Corp/Enron@Enron, Carolyn Gilley/HOU/ECT@ECT, Brian
Gillis/CAL/ECT@ECT, Martha Stevens/HOU/ECT@ECT, Jenny Latham/HOU/ECT@ECT,
Darron C Giron/HOU/ECT@ECT, Dutch Quigley/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT, Avril Forster/Corp/Enron@ENRON, Sylvia A
Campos/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Mark D Thorne/HOU/ECT@ECT,
Patti Sullivan/HOU/ECT@ECT, Keith Clark/Corp/Enron@Enron, Larry Joe
Hunter/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT
cc: Francisco deJesus/NA/Enron@ENRON, AnneMarie Allex/NA/Enron@Enron, Janet
De La Paz/HR/Corp/Enron@ENRON, Sally Beck/HOU/ECT@ECT
Subject: Performance Evaluation

Dear Managers & Supervisors,
Thank you for your participation and contributions to the Year End 2000 PRC
process.    It was a privilege for me to witness all of you making decisions
that were beneficial to Enron and the development of the employees that you
supervise.    Now what remains to be done is to give your employees their
feedback verbally and in written form.
I encourage all of you to complete your employee's evaluations before bonuses
and merit increases are given on 2/5/01.

Please remember:

 All employees in non-bonusable categories must have their performance
evaluations reviewed by HR and Legal before the evaluation is presented to
the employee.
Rankings will remain confidential and will not be communicated to employees.
HR will participate as observers of some reviews.

Let us know how we can assist you,
Your HR Team


Attached is a summary of my notes at the Socal meeting regarding revised window procedures.  No hand-outs were provided.

Calculation of Receipt Point Capacity
Topock  540 mmcf/d
Ehrenberg 1250 mmcf/d
Needles 800 mmcf/d
Wheeler 800 mmcf/d

New Receipt Points
Kramer Junction 200 mmcf/d
Hector Rd 50 mmcf/d
Both will be available around Feb 1

Basis of Pro-Ration-Current Windows Calculation
Currently, Gas Control provides total receipt point capacity comprised of demand forecast and injection capability and compares to maximum amount of gas that can enter system.  Gas Select prorates interstate's receipt capacity based on prior day's nominations.

New Calculation, Changes and Display
Based on operational maximum with adjustments for maintenance.  SoCal ist aking and applying the current formula for Wheeler Ridge to all the points.  Any changes to operational maximum will probably be due to maintenance and posted on Gas Select.  Customer will choose which points it wants to reduce receipts.  Operating maximums will equal demand forecast plus injections.  Demand forecast will rely on Gas Control weather forecast.  They use Weather Bank as one of their tools.

OFO Declaration
Name changes from overnomination
Can declare before any Cycle
Provide 2 hour notice
Post on Gas Select
Show OFO Calculation on Gas Select

Windows
Reason to set windows was to set limits to prevent too much gas from coming into system
Calculation based on noms which does not work well.  Lots of complaints.   People were complaining that it restricted access to the system.  Eliminating point specific calculation.  Open system to Max Oper. Limits or Contractual Limits.   Will continue to operate Wheeler Ridge under Aug 1 procedures.  No changes to Wheeler Ridge.
Due to the need to maintain operational control, an OFO will be declared when scheduled volumes are greater than the max operating capacity on any cycle.
Replace windows with operational maximum volumes.  If  CPUC approves comprehensive settlement, will post 5 days of information to anticipate OFO's
Now customers will elect which point they will back off instead of using windows.

Scheduling Changes-Nov 1
Gas Select is being rebuilt and will be an internet system in mid-2002 .  No direct dial-up.
Rollover noms-noms will be copied from cycle to cycle
Copy confirmed noms
All noms will be rolled over-will not be at discretion of 3rd party.  However, can still make  changes.  Can still upload new files.

2 Hour Notice
Socal will provide 2 hour notice on  Gas Select of OFO.  Other methods include leaving message on Socal Hotline (213-244-3900) and list of e-mail messages that can go directly to pagers.  Gas Select is official notification.  Courtesy notification is hot line and e mail.  Gas Select is a subscriber- based system mandated by CPUC and must get regulatory change to make free.
OFO's are going to be system wide and not customer specific.  OFO's can be declared intraday.  Once OFO declared, it will be kept for entire day.  Concerned that if call off, will have to put back on.  Don't want to go back and forth.  This decision may be reconsidered once they see how it works.  Many times Socal see an increase of 200 mmcf/day between Cycle 3 and 4 so they are concerned.

Scheduled vs. Capacity-Declare OFO
Nominations may not exceed 110% of expected usage.
Expected Usage is defined as usage for the same day for the prior week.  Can revise expected usage.
No interruptible storage injections allowed during OFO.
Use Elapsed Pro-Rata Rules
Expected Usage-cut nominations to 110% of expected usage so will use same day  of the prior week as proxy.  Generators need to revise expected usage.  Acceptance of changes are at the discretion of SoCal.
Flow Day Diversions don't go into effect until after Cycle 4.  Gas Control will determine if flow day diversion will be allowed.
If call OFO after cycle 3 or 4 and have interruptible storage injections, such storage will be prorationed back under the elapsed prorata rules.
Many people were concerned that interruptible storage will be severely compromised.
If OFO called , Interruptible Storage could be cut under the elapsed prorata rules as follows:

Cycle 1    Nom 1000  ; 0 cut
Cycle 2 Nom 1000; 666 cut
Cylce 3 Nom 1000; 500 cut
Windows will only be implemented during cycle 4 if OFO callled after cycle 3 and no improvement is realized.  Will allocate prorata.  Will use latest scheduled volume and will pro rate by receipt point.  In other words, if OFO declared during Cycle 1 and no relief after 3 cycles, Socal will window Cycle 4 and prorata cut. Parties will determine what gets cut on all the other cycles. For penalty purposes, actual burn from 12 o'clock to 12 o'clock will be used to calculate penalties or MAXDQ if not metered.
For OFO, assume supply delivereis day before and burn is the same day for the prior week.  Declare OFO on prior day's scheduled volume.

For an evening declaration-will use most recent available scheduled volumes.  For example:

         Flow Day 10/4                10/3 Scheduled Volumes
Cycle 1                                    Cycle 2
Cycle 2                                     Intraday 1
Cycle 3				evening cyle 2 on 10/4
Cycle 4                                     Intraday 1 on 10/4

In other words, will look at evening cycle 2 scheduled volumes on the 3rd for declaring OFO on cycle 1 for the 4th.; look at intra day 1 for the 3rd in declaring OFO for cycle 2 on the 4th;  look at evening cycle 2 on 10/4 in declaraing OFO for Cycle 3 on the 4th;  look at intraday 1 on the 4th in declaraing OFO on cycle 4 for the 4th.

Winter Balancing Rules
Effective Nov 1-March 31
No changes.
All customers must comply.
Minimum delivery requirements
50% of daily usage over 5 day period; (Nov 1-5;6-10;)
70% of daily usage depending on storage level
70% daily usage implemented when storage levels equal 20 bcf above peak day min
90% of daily usage depending on storage level
90% rule implemented when storage levels equal 5 bcf  plus peak day min.
Look at storage graph on Gas Select.  Posted 24 hours in advance if the minimum daily is changed.  If go to 70% , current 5 day cycle must end completely, before new % goes into effect.
Must increase storage inventory by 1 bcf above the 70% before going back to 50% rule.
Once 90% rule implemented, will return to 70% as soon as operationally feasible,

Contracted Marketer's customer usage and delivereies are aggregated in one balancing account.

Core Aggregation-subject to 50% daily throughout entire winter period based on DCQ.
Core-50% of daily throughput for the enitre period,; (Patrick Brown group)
Not subject to 70% and 90% rules.

2 types of gas count toward daily obligation- firm storage withdrawal and flowing gas.  As-available storage and imbalance trading do not count.

Burn=measured daily usage thru electronic measurement,
Min DQ-used if customer does not have electronic measurement.

Customer assessed  GIMB charge if total deliveries is less than 50% of total burn over 5 day period.  Customer purchases gas at daily balancing stand-by rate under  G IMB Rate Schedule which is 150% of highest Socal Border price per NGI Gas Daily plus franchise fees and other charges.  Rate is posted at end of every month.

OFO can be declared during undernom season (winter season)


What a relief.  Hope everything is going well.

KR


Vince,
 I'm working for Chris Clark, and I was wondering if you can help me to get
in touch with someone in the research group who had written some of our
software.  Kevin Golden tells me that he thinks Jason Sokolov was the guy who
had written an application for us to download emissions data from the EPA web
site.  Could you confirm this?  If this is correct, is he still in your
group?  Thanks a great deal.

Sincerely,
John Anderson