Attached is a brief memo outline some of the transtion issues with HPL to AEP

This is the first draft.

The itilized items currently require some more action.

Please add any items and forward back to me.  I will update

thanks

bob


Below you will find a copy of a request that is awaiting your approval.
Please advise us as to your approval or rejection of this request by way of
email,  since your system does not allow you to open the icon that was
submitted by way of a doc link.

I thank you in advance for your cooperation in this matter.

Leola Barnett
Information Risk Management
---------------------- Forwarded by Information Risk Management/HOU/ECT on
04/05/2000 03:50 PM ---------------------------

	 Security Resource Request System				Pending VP Approval
 Resource Request					How to find the status of this request...
	General Information		Initials:

Requestor:	Jason Sokolov/HOU/ECT	Phone:	(713)853-6286
Requested For:		Jason Sokolov/HOU/ECT
Request Type:	Update Access
RC #:	100038	WO #:
Company #:	0011	Priority:	High
Manager:	Mike A Roberts	VP:	Vince J Kaminski
Location:
					In the Request Processing section, see the status column for each requested
resource.
					Look at the overall status of the request in the title bar above. The status
will display Closed when your request is complete.
					Click the "Status" button below.
Comments:
					Request #: JSOV-4F8R44
					Submitted: 01/04/2000 01:58:37 PM

	Name	Cost	Status	Implementation Comments
	Application/Database
	Bloomberg	$1,800.00 monthly	Not Started

	Request Processing Path
Processed By	Status	When	Comments

	Manager	Approved	01/20 12:57 PM

	VP

	Security

	Implementation

		Editing History (Only the last five (5) are shown)

Edit #	Past Authors	Edit Dates
2
3
4
5
6	Jason Sokolov
Jason Sokolov
Jason Sokolov
Jason Sokolov
Mike A Roberts 	01/04/2000 01:56:27 PM
01/04/2000 01:57:47 PM
01/04/2000 01:58:30 PM
01/04/2000 01:58:37 PM
01/20/2000 12:57:16 PM


I just heard back from Jeff on these deals - apparently he's hiding his trade
log now to keep his secrets safe! Well that didn't work too well for us
today, because the two missing deals were right there at the bottom....with
no deal numbers! Anyway, Jeff said he'd enter these in the morning, and if
you hear anything from Prebon in the meantime, these are good deals.

Thanks,
Kate

Evelyn Metoyer@ENRON
03/26/2001 01:58 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/26 Checkout

BLOOMBERG
All deals checked out fine.

PREBON

Jeff Richter:
I am missing the following deals:
1) Enron buys from Duke June NP-15 at $260.00
2) Enron sells to Calpine June NP-15 at $261.00

AMEREX WEST
All deals checked out fine.


---------------------- Forwarded by Darron C Giron/HOU/ECT on 11/28/2000
05:49 PM ---------------------------

"Jim Miller" <jraggie1@pdq.net> on 11/28/2000 04:54:52 PM
To: "Wayne Duncan" <Wayneduncan@hotmail.com>, "Tom Svec"
<tsvec@generalwelding.com>, "Steve Schmidt" <sschmidt@urjet.net>, "Rick
Crabtree" <Rick.Crabtree@COMPAQ.com>, "Reid Harmon" <reid@gsihighway.com>,
"Randy T. Rogers" <rrogers@wbctx.com>, "Pete Miller"
<pmiller@fciconnect.com>, "Paul Terry" <Paul.Terry@COMPAQ.com>, "Paul
Heidaker" <psheidaker@aol.com>, "Pat Duncan" <wpduncanjr@aol.com>, "Mike. W.
Sowden" <Mike.W.Sowden@supervalu.com>, "Mike Vineyard" <qcgi@qualitec.com>,
"Michael Murr" <Michael.Murr@COMPAQ.com>, "Mcintyre" <mcintyre@tca.net>,
"John Terry" <Tangler@usa.com>, "Julie Paxton" <JuKaPa129@aol.com>, "Jimmy
Martin" <Jimmy.Martin@COMPAQ.com>, "Jim Lawler" <wb365@email.msn.com>, "Janey
Sowden" <janebarb@aol.com>, "Gene Stpierre" <Gene.Stpierre@COMPAQ.com>, "Fred
Valente" <fvalente@micro.ti.com>, "DARRON GIRON" <dgiron@ect.enron.com>,
"Danny A Dequeant" <Danny.Dequeant@cmcsg.com>, "Chris Strong"
<cstrong@strongpointe.net>, "Cheryl Sparkman" <cheryl@keystoneexec.com>,
"Carla Preston" <cdspreston@earthlink.net>, "Bob Lanham" <blanham@wbctx.com>,
"AKoebig" <AKoebig@aol.com>, "A. J. Sowden" <ASowden@aol.com>
cc:
Subject:

 - X-masGif.jpg


After having conducted our first of several business reviews, Enron Global
Markets - Office of the Chairman would like to outline the following
organizational changes effective immediately.

The Global Risk Markets group under Jere Overdyke illustrates enormous
opportunities given the size of those businesses.  To better focus on the
different commercial functions and to capture market share and value, the
group is being realigned.  Jere will continue to manage Global Risk Markets
and build on our insurance capabilities.  Mark Tawney is responsible for our
weather business and will now report to the EGM Office of the Chairman.

Brent Price will be joining Enron Global Markets as Vice President of
Operations and Chief Accounting Officer.  He will report to the EGM Office of
the Chairman, and to Sally Beck, Vice President of Global Risk Management
Operations.  In his role as Chief Accounting Officer, Brent will also report
to Rick Causey, Executive Vice President and Chief Accounting Officer for
Enron Corp.  Reporting to Brent in his new position will be Sheila Glover,
business controller for Financial Products; Todd Hall, business controller
for weather; and Scott Earnest, business controller for global products and
coal.  In addition, Tom Myers will join Brent's management team as Director
of Accounting.  Brent and his team are responsible for all accounting, risk
reporting and trading operations for all the businesses within EGM.

Cindy Skinner will join the Enron Global Markets team with responsibility for
Human Resources.  She will also report to David Oxley and the HR organization.

Please join us in congratulating everyone in their assignments.


Sounds fine to me. Does it make sense to run resume past Brown and Sherriff
prior to bringing him over? Also, is the idea he would be a director, sr
director or vp? Each of these paths has consequences as you know. Rick


[IMAGE]
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Way to go guys, keep it up.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 05/03/2001
12:37 PM ---------------------------

John Valdes
05/03/2001 12:25 PM
To: David Baumbach/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Phillip M
Love/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT
cc:
Subject: Sitara #'s

We have received the April Liquidation file from portfolio accounting.  We
are now up to 89%(Tagg deals containing Sitara #'s) with only a small handful
containing Sitara #'s that are invalid(13).  Thanks for the work that you and
your groups have done to make it easier to match up deals on the back end of
the process.  Again, thank you.

John


Bob,

Sally is out all day w/ UT recruiting function.  She will not be back into
the office until 8:00 Thursday for CommodityLogic meeting.  I am forwarding
this to Bob Hall - please check with him regarding how he would like this
handled.

Thanks,
PT

Robert Superty
03/27/2001 05:14 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Material for Commodity Logic meeting

Sally, I have attached a brief document with the material you requested for
Thursday's Commodity Logic meeting.

Let me know if you would like to hand this out or just have me discuss
without handouts.

Tks - Bob Superty


Please change to Power Marketing.  Edward Sacks in credit has indicated that
it should be them.  Thanks.

   Kate Symes                01/31/2001 11:20 AM

To: Rhonda L Denton/HOU/ECT@ECT
cc:
Subject: Re: Conoco Pipe Line

I just spoke with Sean Crandall, the trader on these deals, and he said the
counterparty could be either Conoco Pipeline Co. or Conoco Power Marketing.
If credit has specified the latter, I'll change these deals. Just let me know.

Thanks,
Kate

Rhonda L Denton
01/30/2001 03:34 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Conoco Pipe Line

Credit called me and believes the following deals should be booked to Conoco
Power Marketing.  Can you check on them for me and let me know?  I appreciate
it.

507417
507430
506549
506550
506551

Gracias!!


yea, i'll talk to them.

who should i call?

Brian Hoskins@ENRON COMMUNICATIONS
10/25/2000 09:04 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: Implementation issue on IE5.0/5.5

John,

Looks like IT has decided not to install Internet Explorer 5.5 after all.
The program is ready to go as soon as that is installed.  Do you want to put
some pressure on them, or would you rather wait to see if they can fix it to
work on IE 5.0?  You have 5.5 by the way, so I'm not quite sure what the
problem is.

Brian

Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
Brian_Hoskins@enron.net

----- Forwarded by Brian Hoskins/Enron Communications on 10/25/00 09:08 AM
-----

	John Cheng@ENRON
	Sent by: John Cheng@ENRON
	10/24/00 08:52 PM

		 To: Brian Hoskins/Enron Communications@ENRON COMMUNICATIONS
		 cc: Marlin Gubser/HOU/ECT@ECT
		 Subject: Re: Implementation issue on IE5.0/5.5

Brian,

We are not good to go here.  These are high profile traders and I do not want
to install IE55 just for this chatting application.  I would like for
Fangming to resolve whatever the problem is with IE5 first and go from there.

Again, sorry to be a pain and I understand your situation, but developers
should not develop applications with unsupported dependencies.

-jkc

Brian Hoskins@ENRON COMMUNICATIONS
10/24/2000 03:44 PM
To: John Cheng/NA/Enron@Enron
cc:
Subject: Re: Implementation issue on IE5.0/5.5

John,

So are we good to go to install IE 5.5?  From you email yesterday, I was
under the impression that we were.  I understand that you guys need to keep
the integrity of the system, but these guys really need this program ASAP.

Again, if you need additional support, we can get that for you.  Just let me
know what you need to resolve the problem.

Thanks,
Brian

Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
Brian_Hoskins@enron.net

	Fangming Zhu@ENRON
	10/24/00 02:38 PM

		 To: Brian Hoskins/Enron Communications@ENRON COMMUNICATIONS, John
Cheng/NA/Enron@Enron@ENRON COMMUNICATIONS
		 cc:
		 Subject: Implementation issue on IE5.0/5.5

All,
As John suggested, I have contacted the Microsoft Expert on the IE 5.0/5.5
issue early this morning. We actually had a conversition over the phone. I
also sent him E-mail to describe the problem. So far I haven't heard anything
from him yet. I adoult if he can solve the problem. In order to solve this
browser issue, I suggest we can have 5-10 traders to install IE5.5 on their
PC. If everything works fine, we can update everyone into IE5.5. It is really
not my decision weather or not to use IE5.0 or 5.5. Right now everything is
ready for users to test the application except the browser issue.

Let me know when and how we are going to implement the messageboard
application.

Thanks,

Fangming


---------------------- Forwarded by David Baumbach/HOU/ECT on 09/26/2000
02:01 PM ---------------------------
   Carla Nguyen                09/26/2000 01:40 PM

To: Melissa K Ratnala/HOU/ECT@ECT, Jim Pond/Corp/Enron@Enron, Jim
Little/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Eric Francis
Calub/HOU/ECT@ECT, Troy Klussmann/HOU/ECT@ECT
cc:
Subject: Re: Cleburne PC#

ENA - IM Cleburne  12782.
---------------------- Forwarded by Carla Nguyen/HOU/ECT on 09/26/2000 01:38
PM ---------------------------

SAP Master Data@ENRON on 09/26/2000 11:14:16 AM
Sent by: Nina Fortune@ENRON
To: Carla Nguyen/HOU/ECT@ECT
cc:
Subject: Re: Profit center request form

Carla,

Profit Center 12782 has been created.

Thank you,

Nina

RT#   227229

	From:  Scott Becken                           09/25/2000 07:30 PM

To: SAP Master Data@ENRON
cc:

Subject: Profit center request form

Please process this request for Carla.  The Remedy ticket number is 226611.
Thanks.
---------------------- Forwarded by Scott Becken/Corp/Enron on 09/25/2000
07:28 PM ---------------------------
   Carla Nguyen @ ECT                09/25/2000 06:29 PM

To: SAP COE/Corp/Enron@Enron
cc: Melissa K Ratnala/HOU/ECT@ECT, Jim Pond/Corp/Enron@Enron, David
Baumbach/HOU/ECT@ECT

Subject: Profit center request form

Please set up this new Profic center.  If you have questions, please give me
a call.  Thks!

---------------------- Forwarded by Carla Nguyen/HOU/ECT on 09/25/2000 06:26
PM ---------------------------

	Enron North America Corp.

	From:  Robert Hunter @ ENRON                           09/25/2000 12:35 PM

To: Carla Nguyen/HOU/ECT@ECT
cc:
Subject: Profit center request form


I've talked to Lee Ferrell about this, and it sounds to me like there are
serious business reasons (i.e., cost and functionality) not to use the ENA
system.  THe "sharing of resources" issue worries me, but might be solvable
if the right people are in Networks instead of ENA.  I'll call you tomorrow.
DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 11/19/2000
07:17 PM ---------------------------

Lee Ferrell
11/16/2000 04:16 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Kent Miller/ET&S/Enron@ENRON

Subject: Risk System Alternatives Next Steps

We have been asked to justify our  proposal to purchase third party risk
management software rather than use in-house ENA systems.  Since there are
affiliate issues as addressed below, please give us your opinion of the risk
we might run in trying to use ENA's systems.
---------------------- Forwarded by Lee Ferrell/ET&S/Enron on 11/16/2000
03:28 PM ---------------------------

Lisa Sawyer
11/16/2000 01:48 PM
To: Lee Ferrell/ET&S/Enron@Enron
cc: Steve Hotte/Corp/Enron@ENRON, Vernon Mercaldo/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON, Beth Perlman/HOU/ECT@ECT, Richard
Burchfield/HOU/ECT@ECT, Stephen Stock/HOU/ECT@ECT

Subject: Risk System Alternatives Next Steps

Lee,
Just to recap the meeting with Richard Burchfield and Steve Stock, based on
the requirements that you and Vernon have identified, we would need to use
several of the system components including TAG, ERMS, GLOBAL COUNTERPARTY,
CREDIT, and UNIFY for settlements.  All of these applications are tightly
integrated.  We considered moving them into the ETS environment which would
separate the applications, but this would be a very large undertaking and
would be a resource intensive effort.  Therefore, due to the size, complexity
and integration of the applications, the group came to the conclusion that it
would be more timely and cost effective from an inception as well as
maintenance standpoint that ETS would have to share these systems with the
marketing group, and that porting them to the ETS environment as separate
application images would not be good from an overall migration as well as
support standpoint.  Additionally, we considered the EnPower System which is
also integrated into GLOBAL COUNTERPARTY, CREDIT and UNIFY.  We are planning
on a demo Friday morning, but there may be some functionality that you all
are looking for related to gas that EnPower cannot provide at this time and
would require some customization.  We'll know more tomorrow after the demo.

Regarding security, these applications are secured to segregate the data, but
we need an approval from Legal that it would be ok to use shared resources
from the IT standpoint.  This would include application developers and
database administrators.  Additionally, we would have to go through the
process of verifying that there would be no security leaks where it would be
possible for a marketer to run a report on pipeline related data, etc...  If
we can get an ok from Legal regardinig sharing of resources, then one of
these options can be explored further, but if we cannot get approval on
sharing of resources, it doesn't look like porting either of these
applications into the ETS environment as standalone apps would be the most
timely or cost effective way to go at this time.  Can you get a stand from
Legal regarding this issue?  Thanks.


I think that this will continue to be a very sticky issue for us on all
services deals and I think the following is the way to handle it.

We build into all of these contracts that the counterparty may at any time,
chose to transact directly with a third counterparty.  We would still
administer the contracts and perform the scheduling etc. for them if they
chose to do this.  In this way, the customer may always chose to deal
directly if they chose and we would be doing the scheduling.  I believe that
this will serve to counteract concerns that we will not provide them fair
market prices since they could always chose to deal directly.  We are
confident that our prices are will be competitive and that the counterparty
will chose to transact through us.  We would of course need to protect our
share of the benefit in the case they transact with someone else.

Tom.

Kay Mann
05/11/2001 09:40 AM
To: Reagan Rorschach/ENRON@enronXgate
cc: Lloyd Will/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, David
Fairley/ENRON@enronXgate

Subject: Re: MDEA Commercial Issues

Another point:

How do we price gas/power we sell to them, especially in light of our duty of
good faith and fair dealing?

Not expecting an answer via email, this is just a topic for further
discussion.

ckm

From: Reagan Rorschach/ENRON@enronXgate on 05/11/2001 09:03 AM
To: Lloyd Will/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, Kayne
Coulter/HOU/ECT@ECT, Richard Broussard/Corp/Enron@Enron, Kay
Mann/Corp/Enron@Enron, David Fairley/ENRON@enronXgate, Jim Homco/HOU/ECT@ECT,
Gerald Gilbert/HOU/ECT@ECT
cc:

Subject: MDEA Commercial Issues

In an effort to get the commercial terms of the contract organized and
papered, we discussed the following issues during yesterday's meeting:

? What will be the contracted process for setting the Bogey?
? What heat rates or heat rate ranges will go in the contract?
? Can we create a schedule to collar the Bogey given a certain gas price?
? Can we get a gas management fee for being the Fuel Manager? (this is a
retrade)
? How does the network service transmission agreement including ancillary
services get accounted for in the "cost" calculation?
? How does Imballance get sorted out at the end of the the month as a profit
or a cost?

Regarding calculation of the Bogey, we have several issues.  First, what is
the methodology?  Rick is very close to having a stack model that
incorporates the business rules including minimum run times, startup costs,
VOM, etc.  Second, what are the daily inputs and who is responsible for
running the model?  This process will need to be documented every time the
calc is performed.  Third, what is the timing of the calc?  We discussed
getting the input info by 2am and doing the calc on a "day ahead" basis.
Only on a select basis would the calc be re-done mid-day.

We are planning on meeting with Marvin next week and working to resolution on
these issues.  This should result in a set of business rules that can be put
into the contract.

Please comment/correct/add/subtract to any or all of the above.  David
Fairley and I will be sending out the Marketing Strategy and Trading and Risk
Policy later this morning.

Thanks,

Reagan


-----Original Message-----
From: 	"BRAD MCKAY, ENRON CORP." <BMCKAY2@bloomberg.net>@ENRON [mailto:IMCEANOTES-+22BRAD+20MCKAY+2C+20ENRON+20CORP+2E+22+20+3CBMCKAY2+40bloomberg+2Enet+3E+40ENRON@ENRON.com]
Sent:	Monday, June 04, 2001 9:55 AM
To:	BMCKAY@ENRON.COM
Subject:	(BN  ) Power Plants Returning to Natural Gas as Prices Fall:

         T

Power Plants Returning to Natural Gas as Prices Fall: Outlook
2001-06-02 17:26 (New York)

Power Plants Returning to Natural Gas as Prices Fall: Outlook

     Palatka, Florida, June 2 (Bloomberg) -- Natural gas is
burning again at Florida Power & Light Co.'s Putnam power plant in
Palatka.
     Last winter, Florida's largest utility reconfigured the plant
to run on fuel oil instead of natural gas, a cleaner-burning fuel
that for years had been comparatively cheap. Last month, as gas
prices plunged to a 10-month low, the plant switched back to gas.
     Florida Power & Light wasn't the only one. Many electric
utilities in the U.S. are able to burn both fuels, and several are
making the switch to gas, which is now cheaper than oil in some
regions. Companies such as Detroit Edison Co. had been burning oil
since the winter.
     ``It wasn't really until the early May timeframe, when gas
and oil prices crossed paths and gas became cheaper,'' that the
switch was made, said Gary Lapplander, the company's manager of
fuel supply. Michigan's largest electric utility had been running
its 780-megawatt Greenwood plant near Port Huron on oil since last
December.
     Fears of winter shortages drove natural gas futures on the
New York Mercantile Exchange to a record $10.10 per million
British thermal units in late December, more than quadruple the
year-earlier price. This year, prices have fallen below $4, partly
because last year's rally caused so many generators and industrial
customers to seek alternate fuels, such as oil.

                           Saving Money

     Fuel can account for more than 90 percent of a power plant's
operating costs, according to some estimates.
     Mild weather across the U.S. this spring has reduced demand
for gas to heat homes and power air conditioners, while record
drilling in the past year has led to higher gas flows from U.S.
wells. Since late March, utilities have been pumping gas into
underground storage at almost three times last year's rate,
according to American Gas Association figures.
     Fuel oil has a much different story. Prices for No. 6
residual fuel oil -- the grade most commonly burned in power
plants -- are linked to crude oil prices, which have climbed 4
percent this year.
     The Organization of Petroleum Exporting Countries has cut
crude oil production twice this year after raising it four times
in 2000. And refiners have been sopping up supplies in recent
months to make gasoline for the summer driving season.
     Natural gas prices at Chicago's distribution hub fell below
fuel oil prices during the week ended May 18, the first time it
was cheaper in almost seven months, according to Bloomberg
figures. Fuel oil prices in Chicago are little changed this year.
     ``It's really a factor of economics,'' said Carol Clawson, a
spokeswoman for Juno Beach, Florida-based FPL Group Inc., parent
of Florida Power & Light, which can switch about a quarter of its
power plants between gas and oil on a few hours' notice. ``We are
detecting gas prices coming down, and as that occurs, we are going
back to gas.''

                          Fear of a Rally

     To be sure, some power-plant operators may be wary of
switching back to gas because of the chances for a rally this
summer, said Tim Evans, senior energy analyst at IFR Pegasus in
New York. As hot weather arrives, homeowners and businesses will
turn up their air conditioners, pushing electricity use higher and
lifting gas demand. Natural gas futures last summer rose 29
percent.
     Adding to that demand, gas-fired power plants with about
25,000 megawatts of capacity are expected to start up this summer,
according to a U.S. Energy Department report published last month.
Last year, about 22,000 megawatts of new gas plants started up,
boosting total U.S. gas demand by 500 billion cubic feet, or 2.3
percent. A megawatt is enough to light 1,000 homes.
     Other variables in the gas market include the extent of any
heat waves this summer, and whether hurricanes will enter the Gulf
of Mexico, disrupting operations at offshore rigs that account for
a quarter of U.S. production.
     ``People don't fully trust gas,'' Evans said. ``They're
wondering if it's going to remain the cheaper fuel, or if it's
just going to turn around and do to them what it did last
winter.''

                           Still Cheaper

     Oil is still cheaper than gas in some regions. In the New
York City area, where utilities don't have to pay as much to get
oil delivered from tanker terminals in New York harbor, heavy fuel
oil costs $3.89 per million Btu, compared with $3.99 for natural
gas, according to Bloomberg figures.
     Even so, the drop in gas prices has prompted Brooklyn, New
York-based Keyspan Energy Corp. to increase gas's share of its
total power generation to about 40 percent, said company spokesman
David Manning. That's up from about 3.5 percent at one point last
December.
     Normally, almost all of the company's plants would be burning
gas at this time of year, Manning said. Keyspan produces power for
about 1.1 million customers on Long Island.
     ``We're right on the cusp'' of gas prices falling low enough
to switch the remainder of the company's generation away from oil,
he said. ``We would anticipate we will be running on gas even more
this summer, unless something dramatic happens with the weather.''

--Bradley Keoun in the New York newsroom (212) 318-2310 or at
bkeoun@bloomberg.net /wb

Story illustration: For a table comparing No. 6 residual fuel oil
prices in Chicago to wholesale natural gas prices at the Chicago
hub, see: {US06CHIC <Index> NAGANGPL <Index> HS3 <GO>}.
To compare natural gas futures prices on the New York Mercantile
Exchange with crude oil futures, see:
{NG1 <Cmdty> CL1 <Cmdty> HS2 <GO>}.

Company News:
FPL US <Equity> CN
KSE US <Equity> CN

NI GAS
NI OIL
NI NRG
NI RVU
NI FEA
NI WIN
NI US
NI NY
NI FL
NI ELC
NI UTI
NI TOP
_
-0- (BN ) Jun/02/2001 21:26 GMT


Questions re Northwestern from one of the Enron execs.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/24/2001 10:44
AM ---------------------------

Christopher F Calger@ECT
04/24/2001 10:28 AM
To: Ben Jacoby/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron
cc: W David Duran/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron

Subject: Re: Northwestern Deal

Ben and Kay,

What is our performance obligation to E;Next?

Have we spoken to GE re consents?  Is GE going to be difficult because this
is the Frame division, not the Lee J and the LM6000 team?

Does NW have any discretion / approval rights / negotiating rights w/ respect
to the assignment to the LLC?

If NW flakes, can we keep the $8MM or do we have to resell and sue for any
shortfall?

In what scenario(s) would we not get fully paid?

Assuming Sep 1, what is the income from this deal?

Regards,

Chris

	Enron North America Corp.

	From:  Ben F Jacoby                           04/24/2001 08:25 AM

Sent by: Ben Jacoby
To: W David Duran/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, Chris Booth/NA/Enron@Enron
Subject: Northwestern Deal

Dave / Chris:

I wanted to give you both a heads up that the Northwestern (NW) GE 7EA deal
should close today or tomorrow, and advise you of a related earnings
recognition issue.

The deal that we are on the path of closing is consistent with the executed
DASH and works as follows: at the signing of the letter agreement, NW pays
ENA $3 million, with another $5 million paid on July 15 (the Turbine
Deposits). The balance of $40 million is paid by NW at such time as the
assignment of the turbine contract is made to the LLC, and ENA sells the LLC
member interests to NW. The outside date for this to occur, via a notice
provided by NW, is Sept. 1. The $8 million paid by NW, and the obligation to
purchase the member interests is a firm commitment guaranteed by Northwestern
Corp. The only condition to NW's obligation to purchase the member interests
is that ENA effect the assignment of the turbine contract into the LLC. If
ENA does not effect the assignment, then NW would also be entitled to a
return of the $8 million in Turbine Deposits.

This structure is the same we followed for the Intergen deal which closed in
January, except the Intergen deal did not have an extended period between the
date of execution of the letter agreement, and the turbine contract
assignment. In the Intergen deal, ENA did not receive any payments prior to
the assignment and sale of the member interests.

The earnings issue raised by accounting (Herman Manis) is that,
notwithstanding NW's firm commitment to purchase, ENA has two (albeit very
minor) performance obligations. First, ENA has to obtain an Acknowledgement
and Consent from GE prior to or concurrent with exercising its purchase
option with E Next and assigning the turbine contract to the LLC  (we have
had to do this for every turbine transaction). Second, ENA has to perform
under its agreement with E Next in that if there is an event of default prior
to the time we effect the assignment, we theoretically could loose our
purchase option right with E Next and be unable to perform under our
agreement with NW. We have suggested to Herman that both of these items are
perfunctory in nature, and that all income from this transaction should be
recognized upon execution of the letter agreement, We have further stated
that we could obtain a letter from GE solving the first issue, but there is
no solution to the second issue. Herman advised us that to the extent we
receive a letter from GE on the first issue, and can convince Arthur Anderson
that the second item is perfunctory in nature, we could recognize all income
upon execution of the letter agreement (prior to the actual assignment of the
turbine contract to the LLC). He did not think we had a good case relative to
the second issue, and is reluctant to approach Arthur Anderson.

Thus, based on the above, in a worst case we may not be able to recognize any
income form this transaction until Q3. While we think we have a shot at
getting accounting to change their position, we do not think that this
outcome should change our position on the deal as the underlying
profitability is significant. The deal is also consistent with the approved
DASH. We therefore recommend that we proceed with the execution of the letter
agreement, and then decide as to how we should proceed on the income
recognition issue depending on your views regarding income being recognized
in Q2 vs. Q3.

Please advise me if you are OK with us closing on the deal as scheduled, or
if you have any other questions.

Regards,

Ben


Kathleen,

Here are two revised Master for your review.  We have agreed to $.05 for the
penalty section, and I have made other changes to Article1.

Please let me know if you are ready to close.

Best regards,
Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


David,

The link is at the bottom of this email.
----- Forwarded by Tana Jones/HOU/ECT on 10/30/2000 03:39 PM -----

	Tana Jones
	10/20/2000 11:26 AM

		 To: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jane
McBride/AP/Enron@Enron, Alison Keogh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Yo
Yamanishi/AP/Enron@Enron
		 cc: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
		 Subject: ISDA Master Agreement Data Base Link

Attached is the link that will allow you access to referenced database.  You
should have edit access (non-Legal or Credit employees can get view access
only.  They should not see our comments.  That information is confidential
and subject to attorney/client privilege).   Let me know if you do not have
edit access.  Please do not edit entries for companies or agreements outside
your area of responsibility.  A few notes...

There is some great reporting functionality in this database.  Check out some
of the sorts on the left.  There is a drop down called "Pending Swap
Update".  That sort will create a list of all executed and draft financial
agreements.  There are ways you can sort the Pending Swap Update to generate
reports for you compan

The "restrictions" column should be limited to only those issues that are
critical to trading/confirmations/settlement.  Kinda, before you do/authorize
a trade read this.  Not for general legal notes.

Once an agreement's status is coded "executed", it should never be coded
elsewise (it will mess up reporting).  If you are amending an agreement or
superseding and replacing one, code the status "executed-under amendment".

 I should be the only one coded to change the "keywords" in the drop downs.
If you need keywords added, send me an email and I will add them for you.

Please note, that we have just upgraded the database to add the ISDA
definitions, branch offices approved for trading, and market disruption
provisions.  This information should be inputted for the new master swap
agreements on a going forward basis, but we still need to go back and
repopulate the data for the existing master swap agreements.

Also, FYI, the "See" drop down is our nickname for the name changes and
mergers reference.  If an item is filled in for that entity it should show
you any prior or new names for the counterparty.

We hope you find the information provided in this database helpful.

Link -->

----- Forwarded by Tana Jones/HOU/ECT on 10/20/2000 10:46 AM -----

	Michael Neves
	10/20/2000 10:23 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: ISDA Master Agreement Data Base

The following request has been completed.
---------------------- Forwarded by Michael Neves/HOU/ECT on 10/20/2000 10:16
AM ---------------------------
From: Tana Jones on 10/16/2000 02:12 PM
To: Michael Neves/HOU/ECT@ECT
cc: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jane
McBride/AP/Enron@Enron
Subject: ISDA Master Agreement Data Base

Davis Minns, Robert McGrory, and Alison Keogh in the Australia Legal Office,
and Jane McBride and Yo Yamanishi in the Japan Legal office need full edit
access to the Financial Trading Agreement Database in Lotus Notes.  Can you
let me know when this has happened.  Can you also get the view capability to
the Legal Online Trading Database.  Thanks
----- Forwarded by Tana Jones/HOU/ECT on 10/16/2000 01:55 PM -----

	David Minns@ENRON_DEVELOPMENT
	10/16/2000 01:46 PM

		 To: Tana Jones@ECT, Alison Keogh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Robert McGrory/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: ISDA Master Agreement Data Base

Last week Tana and I discussed geeting the Australian ISDA Masrer Agreements
loaded onto the the international data base. I already have access to this
data base through Lotus Notes.

The agreed actions were

Tana would arrange for Alison, Rob and myself to have update and view access.
Tana would work with Alison on getting existing Australian ISDAs loaded up
and explaining functionality.

Tana how are we going with access? We can then get things moving.


Terri Clynes # 713-621-1123

 -----Original Message-----
From: 	cjackson1@txu.com@ENRON
Sent:	Wednesday, January 02, 2002 2:20 PM
To:	Carson, Mike
Subject:

Are you live?  I apologize for not calling you on my way down...didn't end
up coming to Houston until Friday morning...Shorter slated me as his
substitute for a Thursday evening event...How was your Christmas and NYE?
Do you have IM?


Jae-Moo

Thanks for the information, but would appreciate if you would direct your
communication with Kim & Chang through me.

Regards
Matt

---------------------- Forwarded by Matthias Lee/SIN/ECT on 07/24/2000 03:40
PM ---------------------------

Jae-Moo Lee@ENRON
07/24/2000 09:55 AM
To: "skhong (Suhn-Kyoung Hong)" <skhong@kimchang.com>
cc: matthias.lee@enron.com, Michelle Lee/Corp/Enron@Enron, Mike
Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: OTC commodity derivative

Dear Ms. Hong,

Thank you very much for the information.

I had a chance to talk to Hyundai Oil regarding the report requirement issue
as well as other business issues.  According to Hyundai Oil, they always put
2 to 4 deals together, days or sometimes weeks after the deals have been
made, each time they file a report  to BOK.   Such ex post facto package
report is acceptable to BOK as far as the deals do not fall into one of the 2
categories specified in the FX Transaction Regulation (deals with option
premium higher than 20% or deals with room for illegality).   In fact, the
number of oil paper transactions that Hyundai Oil has done is more than 20,
and Hyundai Oil did not have any problems getting the reports filed with the
BOK.   It sometimes took 1 week and sometimes 2 to 3 days, and Hyundai Oil
did not really care how long it would take because both Hyundai and the BOK
understood that the reports were (or had to be) a formality to be made for
the deals already done.

Other companies including SK Corp., Samsung and LG that we contacted use
their Singapore branch as a vehicle for legal documentation (although Seoul
HQ makes decision) and do not have to file such reports.  The reason for
using their Singapore branches is not the report requirement hassle but their
strategic and organizational issues, they said.

Regards,

Jae-Moo

"skhong (Suhn-Kyoung Hong)" <skhong@kimchang.com> on 07/21/2000 06:10:39 PM
To: <jlee5@enron.com>, <Matthias.lee@enron.com>
cc:

Subject: OTC commodity derivative

We contacted the responsible officers of the BOK and confirmed that the BOK
received 7 or 8 reports since April last year (when the rules changed)
regarding OTC commodity derivative transactions and all of them were filed by
Hyundai Oil Refinery in connection with oil derivatives.  It appears those
reports were accepted by the BOK.  The review and processing of the reports
would generally take 1 or 2 weeks.  Regards,

-------------------------------------------------------------
E-Mail  : lawkim@kimchang.com
Tel.    : +822-3703-1114
Fax     : +822-737-9091
Address : Seyang Building, 223 Naeja-Dong, Chongro-Ku, Seoul, Korea 110-720

This e-mail is intended for the exclusive use of the individual or entity
named above and may constitute information that is privileged or confidential
or otherwise protected from disclosure.  Dissemination, distribution,
forwarding or copying of this e-mail by anyone other than the intended
recipient is prohibited.  If you have received this e-mail in error, please
notify us immediately by telephone or e-mail and completely delete or destroy
any and all electronic or other copies of the original message.
-------------------------------------------------------------


Here are the positions I have.

Let me know how it looks.

Thanks,
Robin


Start Date: 3/5/01; HourAhead hour: 24;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Energy Import/Export schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030524.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 24 / Preferred:   1.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: EES
  MKT_TYPE: 2
  TRANS_DATE: 3/5/01
  UNIT_ID: BADLND_7_PL1X2

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 24 / Preferred:  50.00 / Final:   0.02)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/5/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_NANCY
  ENGY_TYPE: WHEEL
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 24 / Preferred:  50.00 / Final:   0.03)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/5/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: EPMI_CISO_NANCY
  ENGY_TYPE: WHEEL

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 24 / Preferred:  65.11 / Final:  64.11)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 3/5/01
  SC_ID: EPMI


fyi
 -----Original Message-----
From: 	McGowan, Mike W.
Sent:	Tuesday, December 04, 2001 1:24 PM
To:	McCarty, Danny; Neubauer, Dave; Kilmer III, Robert; Miller, Mary Kay
Subject:	RE: Contractors

Dan - Barbara Lucero has not been an active contract employee for quite some time.  In fact, I had never heard of her.  This was discussed with Human Resources  last week and she was deleted from the SAP system as of November 30th.

Mike

 -----Original Message-----
From: 	McCarty, Danny
Sent:	Tuesday, December 04, 2001 11:10 AM
To:	Neubauer, Dave; McGowan, Mike W.; Kilmer III, Robert; Miller, Mary Kay
Subject:	FW: Contractors

All,
    As you are aware, we've let 4,000 full time tenured employees go.  Our retention of any contractors will be scrutinized to the highest degree.  Please prepare an explanation for each of the contractors (from the list below) in your area that you wish to retain.  Upon completion, please forward it to me.

Dan

 -----Original Message-----
From: 	Schaffer, Brian
Sent:	Friday, November 30, 2001 4:18 PM
To:	McCarty, Danny
Subject:	Contractors

Danny:

	Below is a list of six contractors within your organization.  We need to determine whether any are performing critical, indispensable tasks.  If so, fine.  If not, I need to assist you in processing them out.  Please let me know your decision as soon as possible.  Please bear in mind that the presumption is that they are not critical -- there needs to be ample justification to retain.  This exercise is being done for all contractors throughout ETS.

Ronald Abraham	Omaha			working for Dave Neubauer
Van Dickerson		Houston		working for Eric Gadd (already been decided to let go)
Barbara Lucero		Bloomington, MN	working for Mike McGowan
India Torres		Houston		working for Robert Burleson (Neubauer's org)
Jeanette Doll		Houston		working for Walter Lokey (Kilmer's org)
Francis Clements	Omaha			working for Tim Kissner (Mary Kay Miller's org)


Let me know if your stuff does not pull in correctly from Enpower or you have any other problems.

Thanks!

 -----Original Message-----
From: 	Fischer, Mark
Sent:	Tuesday, January 29, 2002 12:23 PM
To:	Semperger, Cara
Subject:	Upstreams Feb 1-9

Cara,

	The pos0201 spreadsheet is out there.   We will use CRC as an upstream at Mead 230 HLH and El Paso Electric as an upstream at Four Corners LLH for wheeling to Pinnacle Peak.  AEP has been selected as the upstream for all other requirements.

Thanks

Mark


Teco Tap       10.000 / Enron ; 90.000 / HPL IFERC

LS HPL LSK IC       30.000 / Enron


Ben,

Here is the updated contact list. Please forward any comments to me so I can
revise appropriately. I don't think the attachment was sent with the
previous email.

Regards,

                James J. Heckler
  Global Energy & Project Finance
  V:(212) 325-5809
  F: (212) 325-8323
  CREDIT | FIRST
  SUISSE | BOSTON

 <<E2 Investor List.xls>>

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
sender.  You must not, directly or indirectly, use, disclose, distribute,
print, or copy any part of this message if you are not the intended
recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
Unless otherwise stated, any pricing information given in this message is
indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.
 - E2 Investor List.xls


Jonathan,

Howdy (that's Texas for Cheers) from Houston.  Thanks for the email.  I do
think there is a lot to do in Japan and all of Asia.  I won't be a stranger.

It is a very interesting job and it was a tough decision to accept it.  On
Jeff, we decided to do this as a package deal.  I think he was ready to try
something different and we'll make a good team.

Good luck and I'll see you by the end of the year.

Mike

Jonathan Whitehead @ ENRON   08/03/2000 06:22 PM

To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Congratulations...

...on your new role. Sounds like a really interesting challenge. I think we
have a pretty good opportunity out here in Japan to get some of the Global
Markets products up and running in a fairly short space of time.

How did you prise Jeff Shankman away from his beloved gas markets???!!!

Hope we'll still see you out here in Tokyo.

Jonathan

----- Forwarded by Jonathan Whitehead/AP/Enron on 08/04/2000 08:17 AM -----

	Office of the Chairman@ENRON
	08/01/2000 08:07 AM

		 To: All Enron Worldwide
		 cc:
		 Subject: Organisational Announcement - Introducing Enron Global Markets
 Office of the Chairman
As evidenced by an exceptionally strong performance in the second quarter,
Enron,s wholesale energy businesses in North America and Europe continue to
experience tremendous growth.  The opportunities to continue to grow our
natural gas and power businesses have never been better and it is critical to
Enron,s future success that we remain focused on expanding these businesses
and maintaining the strong momentum we have in these markets.

It is equally important that we continue to develop new businesses outside of
gas and electricity, which can make significant contributions to our earnings
growth.  We have made significant progress in developing these businesses in
North America, Europe, and most recently in our new Net Works business unit.
Included in these global businesses are our efforts in crude and products,
coal, emissions, insurance, currency, equity trading, interest rates, credit
trading, paper and pulp, and metals.

While significant progress has been made in these efforts we need to
accelerate the growth of these new businesses while continuing to
aggressively expand our core gas and electricity businesses in North America
and Europe.  In order to accomplish these two objectives and to capitalize on
the increasingly global opportunities in these new businesses we are today
announcing the formation of a new business unit ) Enron Global Markets.  This
new business unit will focus on markets and commodities which are global in
scope, but outside our traditional gas and power markets.  This new core
business unit will operate in parallel with and in close coordination with
the North American and European businesses.

Enron Global Markets will be headed by Mike McConnell, President and Chief
Executive Officer, and Jeff Shankman, Chief Operating Officer.  They will
report to Mark Frevert who will be Chairman of Enron Global Markets.  Mark,
Mike and Jeff will comprise the Office of the Chairman for Enron Global
Markets.

Included in this new business unit and reporting to the Office of the
Chairman will be the following businesses and their leaders:
- Global Crude and Products:     John Nowlan
- Coal:         George McClellan
- Currency, equities, interest rate and agricultural trading:  Gary Hickerson
- Insurance and weather:      Jere Overdyke

Enron,s metals business and Enron Credit.com will remain the responsibility
of Enron Europe. The Paper and Pulp business will continue to reside in North
America.

With the departure of Mike McConnell from Enron Net Works, we are pleased to
announce the following appointments in that business unit:
- Jeff McMahon: President and Chief Operating Officer
- Louise Kitchen: Chief Commercial Officer
- Philippe Bibi:  Chief Technology Officer

Jeff, Louise and Philippe, along with Greg Whalley,  will comprise the Office
of the Chairman for Enron Net Works.

With Jeff Shankman,s departure from Enron North America,s natural gas
operation, all of Jeff,s direct reports will report to John Lavorato.

We are also pleased to announce the following changes to the Enron North
America Office of the Chairman.  John Lavorato will join the ENA Office of
the Chairman as Chief Operating Officer.  Dave Delainey will assume the role
of President and Chief Executive Officer.  Mark Frevert will retain his role
as Chairman of Enron North America in addition to his role as Chairman of
both Enron Global Markets and Enron Europe.

Please join us in congratulating everyone in their new assignments and in
supporting the new Enron Global Markets organisation.


Here is the contract information.  The contract group could not locate the
CES-Devon contract so all I have is the info from TAGG and Sitara.

For the GTC and GISB contracts that have no paper, I wrote price and location
on the EXCEL spreadsheat.

Tom Donohoe


	<TITLE>PULP, WRITING & PRINTING PAPER 11/15/2001</TITLE>
<base href="http://www.forestweb.com">

PULP, WRITING & PRINTING PAPER 11/15/2001

Welcome
        to Enron's Pulp, Writing & Printing Paper News Service. This daily
        mailing brings the most recent news headlines right to your inbox. You
        may also receive this daily service specific to the following areas: 1)
        Recovered, Container & Packaging; 2) Newsprint; 3) Lumber. To join
        any of these lists,
        CLICK HERE.

If you have any comments
        or feedback, simply reply to this email. If you would like to unsubscribe
        to the Pulp, Writing & Printing Paper News service, please scroll
        to the bottom of this email for instruction.

Thanks and enjoy.

Contents

Weyerhaeuser closing wood products plants in U.S., Canada, Mexico--total 600+ jobs cut   ( More...)

Weyerhaeuser recycling plant in Indiana hit by fire   ( More...)

Analysts: Pulp market still vulnerable, despite October Norscan stocks   ( More...)

IP reports 3Q lumber, panel volumes higher, prices lower, stumpage dropping   ( More...)

Mail-Well names new safety-window envelope the Visulope   ( More...)

MeadWestvaco may sell off envelope, container, timber assets after merger   ( More...)

Weyerhaeuser closing wood products plants in U.S., Canada, Mexico--total 600+ jobs cut

11/14/2001 10:18:59, BW

FEDERAL WAY, Wash., Nov. 14, 2001 (press release) -- Weyerhaeuser
Company today announced it plans to close or reposition
three of its North American operations during the fourth quarter to
maintain the company's competitive position in the lumber market.
...

(Story...)

Weyerhaeuser recycling plant in Indiana hit by fire

11/14/2001 16:34:54, Recycling Today

Nov. 13, 2001 (Recycling Today) -- Weyerhaeuser?s recycling facility in Itasca, Indiana, was hit by fire Nov. 13.
                  Brian McDermott, a spokesman for Weyerhaeuser, said about 50 tons of old
                  corrugated container, roughly one day's worth of processing. While most of
                  the recovered paper being stored at the plant was lost, the structure itself
                  sustained limited damage. The only damage done to the equipment was a
                  motor and a conveyor line. ...

(Story...)

Analysts: Pulp market still vulnerable, despite October Norscan stocks

11/14/2001 18:15:25, Forestweb

Editor?s Note: This story incorporates the Norscan story earlier today with additional analysis and details.

SAN FRANCISCO, Nov. 14, 2001 (Forestweb) ? Two key Wall Street forest pro...

(Story...)

IP reports 3Q lumber, panel volumes higher, prices lower, stumpage dropping

11/15/2001 09:55:15, Forestweb

Editor's note:  International Paper's consolidated results of operations include Champion International Corporation (Champion) from the date of acquisition, June 20, 2000.  Also, during the third quarter of 2001, International Paper completed the previously announced divestitures of Masonite Corporation to Premdor Inc. of Toronto, Canada for approximately $300 million in cash and a note receivable with a face value of $108 million...

(Story...)

Mail-Well names new safety-window envelope the Visulope

11/14/2001 09:04:24, PRNewswire

ENGLEWOOD, Colo., Nov. 14, 2001 (press release) -- Mail-Well, Inc. (NYSE: MWL - news), the world's largest envelope manufacturer, today named its new safety window envelope the Visulope(TM).

"W...

(Story...)

MeadWestvaco may sell off envelope, container, timber assets after merger

11/14/2001 09:49:27, Forestweb

By James McLaren

SAN FRANCISCO, Nov. 14, 2001 (Forestweb) -- The proposed combined MeadWestvaco Corp. would be likely to divest Westvaco's envelope business, Mead's domestic containerboar...

(Story...)

    To unsubscribe from
      the Pulp, Writing & Printing Paper News, click on UNSUBSCRIBE
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All news reports are copyrighted by the respective authors.

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Jeff, I was sorry to read of your resignation from Enron. I believe your
leadership and vision have put the Company on a path that will serve it well
for many years into the future.I always remember fondly the years we spent
plotting strategies for the "new world" of the natural gas industry. Best of
luck in your future endevors. If you are ever in Denver, please give me a
call (303-783-0857). Don


*  See text in red for quick read
*  New York Times yesterday

---------------------- Forwarded by Jennifer Rudolph/HOU/EES on 05/03/2001
10:48 AM ---------------------------

Susan J Mara@ENRON
05/02/2001 11:57 AM

Power Concern Offers California a Secret Deal

By JEFF GERTH and LOWELL BERGMAN

 Duke Energy, a power-generating company accused of overcharging
customers millions of dollars during California's year-old energy
crisis, has secretly offered Gov. Gray Davis a deal that it hopes
will solve its legal problems while helping to calm the state's
chaotic electricity markets.

 The proposed settlement, outlined in documents prepared in March
by Duke's lawyers, calls for an end to various state
investigations, private lawsuits and state complaints to federal
authorities accusing Duke of overcharging.

 In return, Duke would make an unspecified "appropriate payment"
but admit no wrongdoing.

 "Duke is committed to sharing pain" and "expediting high-level
confidential discussions that would embrace the governor's
political and public relations needs," according to the documents,
which were given to The New York Times by someone who wanted the
issue aired publicly.

 Governor Davis acknowledged the secret discussions in an interview
in San Francisco yesterday, and said he hoped to meet with more
generators soon. But he insisted that none of the companies would
escape a substantial payment because, he said, they have penalized
the state with excessive prices.

 "My general approach to the energy companies is that you have
already charged the utilities a 50 percent credit penalty for the
power they were buying from you," Mr. Davis said, so "you're going
to have to have a very substantial reduction" in what the companies
are owed.

 Mr. Davis said Duke had walked in with "a number of demands,"
including an end to state inquiries but that that was not likely to
happen.

 "We're not about to call off the dogs," said the governor, a
Democrat who will seek re-election next year.

 Duke, based in Charlotte, N.C., is a major investor in
California's wholesale electricity market, having spent more than
$1 billion since the state opened its generating plants to outside
operators in 1996.

 It is also near the top of the list of companies accused of
overcharging. Duke has been ordered by federal regulators to
justify or refund $20 million in disputed charges this year, an
amount that is third-highest among federally regulated companies in
the California market.

 By entering secret negotiations with Mr. Davis and being the first
generator to settle, Duke could gain a public-relations advantage,
in much the same way that the Liggett Group donned a white hat by
being the first company to open talks with the state governments in
the tobacco-litigation wars.

 "We've just simply tried to be part of the solution," Richard B.
Priory, Duke's chairman and chief executive, said in an interview,
adding that the company was "offering ideas" and "throwing in
suggestions."

 Publicly, Mr. Davis has disparaged out-of-state electricity
generators before and after he began talking with them privately.
In an interview two weeks ago with The Los Angeles Times, he called
the generators "the biggest snakes on the planet Earth" for their
pricing practices.

 California's electricity costs have risen to about $28 billion
last year from $7 billion in 1999. By some estimates, they could
approach $70 billion this year * $2,000 for every resident. The
state has stepped in to buy power for financially crippled
utilities, including Pacific Gas and Electric, which is now in
bankruptcy court.

 The Davis administration has struck power deals with companies
like Duke in hopes of securing a stable and affordable source of
power. To pay those bills, Mr. Davis is seeking the largest
municipal bond issue in American history, $12 billion, although
some state officials privately estimate that the final amount will
be higher.

 The governor hopes the bond issue will eventually take the state's
taxpayers off the hook. But how those costs are allocated among
ratepayers, utilities and generators, and whether the bond issue
can even succeed, remain unanswered questions. A major impediment
to resolving the electricity crisis, according to state officials,
utility executives and economists, is the secrecy surrounding the
administration's negotiations.

 Several Republicans have sued the Davis administration to learn
the terms of specific contracts entered into by the state. On
Monday, the administration released a 67-page financial analysis,
including its most detailed disclosure about the overall costs of
state electricity contracts. Last week Republicans blocked
legislation that Mr. Davis says he needs to pass the bond issue.
The bill could come up for a vote later this week.

 "The thing that has hindered Governor Davis the most among the
legislative ranks is the demand for secrecy over the negotiations
and the agreements that have been reached," said Senator Joseph L.
Dunn, a Democrat from Santa Ana and the chairman of a select
committee investigating the price spikes.

 Mr. Davis, in the interview, said there were legitimate commercial
reasons for keeping contract terms confidential.

 The political uncertainty has spilled over into the markets, where
the bonds would have to be sold. The state's credit rating, while
still solid, is slipping.

 Already companies that do business with California, like Duke, are
citing the state's creditworthiness as a reason for charging higher
prices in their dealing with the state, though the state has
stepped in as buyer since February.

 The Federal Energy Regulatory Commission recently ordered
generators to justify high prices in California this year or pay
$125 million in refunds. The companies * including Duke, Reliant
Energy, Dynegy Inc. and the Williams Company * deny any wrongdoing
and cite the state's credit situation as one reason for the high
prices.

 Mr. Priory, the Duke chairman, said that resolution of credit
issues would lead his company to drop the so-called "credit
premium" it now charges on power sales. As of March 7, Duke was
owed more than $100 million by the state's power managers,
documents show.

 In its confidential submission to Mr. Davis and his aides, Duke
said it would "forgive an appropriate amount of certain
receivables, or make an appropriate payment based upon a
methodology that fairly represents its share of alleged
overcharges."

 The documents do not give an amount, but Duke's 2000 annual report
shows that its wholesale energy division had written off $110
million for power sales to California that had not been collected.
(Even with that write-off, the unit's profits before taxes doubled
from 1999 to 2000, and quadrupled for the first quarter of this
year.)

 Duke's "preliminary global settlement template" of March 9 goes
on: "Duke is committed to sharing pain with state and others on a
fair and equitable basis, without admitting legal liability,
because Duke has done nothing illegal."

 Duke says that much of its California power was sold last year on
the forward markets, not the more volatile and higher-priced spot
markets. But Mr. Priory also noted in his interview that at least
10 percent was sold for "whatever the market price is."

 On March 23, Duke's lawyer, at the request of Mr. Davis's legal
affairs secretary, forwarded to the governor's office additional
information about pending litigation involving Duke and its power
sales in California. The documents show that a top Duke priority is
the "prompt suspension of state investigations, lowering of
rhetoric and stay of state litigation," as well as the withdrawal
of state-related claims at the federal energy commission.

 Also in March, the operators of the state's power grid told the
Federal Energy Regulatory Commission that wholesale electricity
prices in California were more than $6 billion above competitive
prices over the previous 10 months. Duke has questioned the
methodology of that submission and wants the claim withdrawn.

 The inquiries of concern to Duke include those being conducted by
the office of the attorney general, William Lockyer, and the
California Public Utilities Commission.

 Barry P. Goode, the governor's legal affairs secretary, says he
subsequently referred Duke's lawyer to the attorney general's
office. The two state agencies say that their inquiries are
continuing. Sandra Michioku, a spokeswoman for Mr. Lockyer, said,
"Our investigation is ongoing."

 Loretta Lynch, the president of the utility commission, said in a
telephone interview yesterday, "The public utilities commission has
not been involved in any settlement discussions with generators and
our investigations into overcharges and withholding are ongoing and
strong."

 The Duke documents say the company should be given preferential
treatment for its conciliatory stance.

 Other generators said they were not involved in settlement
discussions with Mr. Davis.

http://www.nytimes.com/2001/05/02/national/02DAVI.html?ex=989822260&ei=1&en=70
3c8bd8125d53df

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Needless to say, I chose this distribution list carefully, this information is extremely confidential.

 -----Original Message-----
From: 	Wilson, Shona
Sent:	Wednesday, October 17, 2001 5:37 PM
To:	White, Stacey W.; Gossett, Jeffrey C.; Hall, D. Todd; Glover, Sheila; Sweeney, Kevin; Albrecht, Kristin; Mills, Scott; New, James; Jordan, Mike; Leuschen, Sam
Cc:	Victorio, Tom; Considine, Keith; Abel, Chris; McIntyre, Burton; Trevino, Susan
Subject:	FW: New Factor Loadings Have Been Run

FYI - if you have any problems with these #s, please call your RAC representative.

Thanks

 -----Original Message-----
From: 	Adams, Matthew
Sent:	Wednesday, October 17, 2001 4:45 PM
To:	Chang, Hang; Chuen, Siu Leung; Copeland, James L.; Dalia, Minal; Davenport, Lacrecia; Figueroa, Xochitl; Fleming, Lloyd; Hagelmann, Bjorn; Hayden, Frank; Khanna, Bharat; McClure, Zakiyyah; McIntyre, Burton; Miller, Shane; Nordstrom, Mary; Paraschos, Nick; Patel, Jitendra - RAC Market Risk; Port, David; Presley, Mike E; Ruane, Mark; Brackett, Debbie R.; Schmidt, Darin; Schultz, Cassandra; Taponen, Minna; Thomas, Mark E.; Trevino, Susan; Valdez, Veronica; Velasco, Jennifer; Vonderheide, Scott; Wilson, Shona; Yuan, Ding; Zipter, Rudi
Subject:	New Factor Loadings Have Been Run

All -

New factor loadings were run today (effective date 16-October-2001).

Attached is the VaR file which demonstrates the effect on VaR utilizing 16-October positions/prices/vols.

You may check the before and after factor loadings using the web link (test website) at:	http://rac.dev.corp.enron.com/rmc/MarketRiskApps.asp
Factor loading definition IDs are 2068 for the current factor and 2108 for the new one.

You may check correlations using RisktRAC's Data Grabber.
Correlation definition IDs are 1780 for the current factor and 1800 for the new one.

Implementation:	David has expressed his desire that analysis and the decision whether to implement factor loadings be completed within 24 hours; in other words by end of day Thursday.  If a decision is made not to implement, analysis should be provided indicating the reason (rather than "need more time").

Contact:		Frank Hayden in Houston at x58341 (or E-Mail him) as I will be out of the office tomorrow and Friday

 << File: Varchange10-16-01.xls >>


- 1_16_02ON.xls


In the past few months, the procedures for setting up new curves and books
have not been followed by everyone.

The following memo documents the procedures to 1) set up a new curve, 2) set
up a new book, and 3) change a portfolio hierarchy.  Please note that risk
management (for each commodity group), "risk management"  is responsible for
ensuring that information is flowing appropriately between the valuation
systems and RisktRAC (Risk Analysis and Reporting can help, but do not have
all of the ERMS information to be able to ensure the completeness of
RisktRAC).

I have attached the request form for each of these changes at the bottom of
this memo.  Please ensure that everyone in your group obtains a copy.

The procedure to set up a new curve is as follows:

Trader starts trading at a new location or a new commodity and needs a new
curve set up
Trader communicates this to risk management
Risk management constructs new curve in ERMS (with the help of the IT
department)
Risk management completes a curve set up request form to set up curve in
RisktRAC
Curve form is forwarded to Risk Analysis and Reporting
Risk Analysis and Reporting sets up curve in RisktRAC
A system generated message is sent to people on the "curve list" indicating a
change in the RisktRAC curves has been made

If the curve is not set up in RisktRAC the positions are not captured in the
VAR or engine, thereby making VAR inaccurate.  As a side note, Risk Analysis
and Reporting has implemented a new process in which on a weekly basis new
curves set up in ERMS are reviewed to ensure that these have been set up in
RisktRAC.  We did this for the first time today and noted numerous curves in
ERMS that are not in RisktRAC - which we are working with you to resolve.

The procedure to set up a new book in RisktRAC is as follows:

Trader/risk management determines new book is needed
New book request form (for RisktRAC) is completed by risk management
New book request form is forwarded to Risk Analysis and Reporting
Risk Analysis and Reporting sets up book in RisktRAC
Risk Analysis and Reporting forwards request to ERMS administrator and global
counterparty group to request that book is set up in valuation and
counterparty systems
Once all groups have completed their individual set ups, a final e-mail is
sent to personnel on the "books list" and the book administrator in the risk
management department who requested the book

It is important that there is a one to one link between the ERMS and RisktRAC
books, or not all positions will be captured in RisktRAC (two commodities per
ERMS book does not flow properly into RisktRAC).

The above two processes have formally existed for a number of months.
Additionally, we are formalizing the procedure for changing portfolio
hierarchies.  The procedure now is:

Risk management is responsible for requesting all portfolio hierarchy
changes.  Previously, changes could be made through a request by Risk
Analysis and Reporting or RAC.  These two groups are no longer allowed to
submit change requests.  All requests must come through risk management.
Risk management completes a request, including the reason for the requested
change in structure
Risk management forwards the request to Risk Analysis and Reporting
Risk Analysis and Reporting makes the change and notifies risk management
that the change has been made.

If you have any questions, comments or concerns, please call: me X39123,
Chris Abel X33012, Burton McIntyre X57197, or Susan Trevino X31462.

Thanks,

Shona


-----Original Message-----
From: 	Schrab, Mark L.
Sent:	Friday, October 19, 2001 12:03 PM
To:	Donohoe, Tom
Subject:	FW: Read this

> Thought you would find this of interest...
>
>
> >I'm a Bad American:  Date: Fri, 29 Jun 2001
> >
> >Written by Ted Nugent, the rock singer and hunter/naturalists, upon
> >hearing that California Senators B. Boxer and D. Feinstein denounced
> >him for being a "gun owner" and a "Rock Star".  This was his response
> >after telling the senators about his past contributions to children's
> >charities and scholarship foundations which have totaled more than
> >$13.7 million in the last 5 years!!
> >
> >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> >
> >I'm a Bad American-this pretty much sums it up for me.  I like big
> >trucks, big boats, big houses, and naturally, pretty women.  I
> believe
> >the money I make belongs to me and my family, not some midlevel
> >governmental functionary with a bad comb-over who wants to give it
> away
>
> >to crack addicts squirting out babies.  I don't care about appearing
> >compassionate.  I think playing with toy guns doesn't make you a
> >killer. I believe ignoring your kids and giving them Prozac might.  I
> >think I'm doing better than the homeless.  I don't think being a
> >minority makes you noble or victimized.  I have the right not to be
> >tolerant of others because they are different, weird or make me mad.
> >This is my life to live, and not necessarily up to others
> expectations.
>
> >I know what SEX is and there are not varying degrees of it.
> >
> >I don't celebrate Kwanzaa.  But if you want to that's fine; I just
> >don't feel like everyone else should have to.  I believe that if you
> >are selling me a Dairy Queen shake, a pack of cigarettes, or hotel
> room
>
> >you do it in English. As of matter of fact, if you are an American
> >citizen you should speak English.  My uncles and forefathers
> shouldn't
> >have had to die in vain so you can leave the countries you were born
> in
>
> >to come disrespect ours, and make us bend to your will.  Get over it.
> >
> >I think the cops have every right to shoot your sorry butt if you're
> >running from them after they tell you to stop.  If you can't
> understand
>
> >the word 'freeze' or 'stop' in English, see the previous line.  I
> don't
>
> >use the excuse "it's for the children" as a shield for unpopular
> >opinions or actions.  I know how to count votes and I feel much safer
> >letting a machine with no political affiliation do a recount when
> >needed.  I know what the definition of lying is, and it isn't based
> on
> >the word "is"-ever.
> >
> >I don't think just because you were not born in this country, you
> >qualify for any special loan programs, gov't sponsored bank loans,
> >etc., so you can open a hotel, 7-Eleven, trinket shop, or any thing
> >else, while the indigenous peoples can't get past a high school
> >education because they can't afford it.  I didn't take the initiative
> >in inventing the Internet.
> >
> >I thought the Taco Bell dog was funny. I want them to bring back safe
> >and sane fireworks.  I believe no one ever died because of something
> >Ozzy Osbourne, Ice-T or Marilyn Manson sang, but that doesn't mean I
> >want to listen to that junk from someone else's car when I'm stopped
> at
>
> >a red light.  But I respect your right to.
> >
> >I think that being a student doesn't give you any more enlightenment
> >than working at Blockbuster or Jack In The Box.  I don't want to eat
> or
>
> >drink anything with the words light, lite or fat-free on the package.
>
> Our soldiers did not go to some foreign country and risk their lives
> in
> vain and defend our Constitution so that decades later you can tell me
> it's a living document ever changing and is open to interpretation.
> The
> guys who wrote it were light years ahead of anyone today, and they
> meant
> what  they said - now leave the document alone, or there's going to be
> trouble.
> >
> >I don't hate the rich.  I help the poor.  I know wrestling is fake.
> >I've never owned, or was a slave, and a large percentage of our
> >forefathers weren't wealthy enough to own one either. Please stop
> >blaming me because some prior white people were idiots - and
> remember,
> >tons of white, Indian, Chinese, and other races have been enslaved
> too
> >- it was wrong for every one of them.
>
> I believe a self-righteous liberal with a cause is more dangerous than
> a
> Hell's Angel with an attitude.
>
> I want to know exactly which church is it where the "Reverend" Jessie
> Jackson preaches; and, what exactly is his job function.
>
> I own a gun, you can own a gun, and any red blooded American should be
> allowed to own a gun, but if you use it in a crime, then you will
> serve
> the time.
> >
> >I think Bill Gates has every right to keep every penny he made and
> >continue to make more.  If it makes you mad, then invent the next
> >operating system that's better and put your name on the building.
> Ask
> >your buddy that invented the Internet to help you.
>
> I don't believe in hate crime legislation.  Even suggesting it makes
> me
> mad.
>   You're telling me that someone who is a minority, gay, disabled,
> another nationality, or otherwise different from the mainstream of
> this
> country has more value as a human being that I do as a white male.  If
> someone kills anyone, I'd say that it's a hate crime.  We don't need
> more laws!  Let's enforce the ones we already have.
> >
> >I think turkey bacon, turkey beef, turkey fake anything sucks.
>
> I believe that it doesn't take a village to raise a child-it takes a
> parent with the guts to stand up to the kid and spank his butt and say
> "NO!" whenit's necessary to do so.
>
> I'll admit that the only movie that ever made me cry was Ole Yeller. I
> didn't realize Dr. Seuss was a genius until I had a kid.
> >
> >I will not be frowned upon or be looked down upon or be made to keep
> >silent because I have these beliefs and opinions.  I thought this
> >country allowed me that right.  I will not conform or compromise just
> >to keep from hurting somebody's feelings.  I'm neither angry nor
> >disenfranchised, no matter how desperately the mainstream media would
> >like the world to believe otherwise.
> >
> >Yes, I guess by some people's definition, I may be a bad American.
> But
>
> >that's tough!!
>
>
>
> _________________________________________________________________
> Get your FREE download of MSN Explorer at
> http://explorer.msn.com/intl.asp
>
>
>


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Maureen, thank you very much for taking time away from your project to talk
with me this morning.  Since the management decision to close Info Central, I
have been doing small projects that, while necessary, do not require my
education, knowledge or research capabilities.

I appreciate your suggestion that I speak to Vince since I am anxious to
return to contributing at a higher level.  I am attaching my resume in the
hope that it will trigger ideas for possible ways that I can use my abilities
in the Research Department.  I have worked as an information specialist for
14 years, doing research for people at all levels in both the pharmaceutical
and energy industries.  I have focused most heavily on business research, but
learn quickly and can branch out in whatever direction necessary for a
project.

I'm looking forward to meeting with Vince on Monday afternoon.  Thanks again
for your help.


make sure Jared brings his credit card

Kimberly Bates
04/23/2001 11:42 AM
To:	Jennifer Martinez/HOU/ECT@ECT, Linda Roberts/NA/Enron@Enron, Gary Bryan/HOU/ECT@ECT, Jill T Zivley/HOU/ECT@ECT, Edie Leschber/HOU/ECT, John Craig Taylor/HOU/ECT@ECT, Maureen Smith/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT, Tammi DePaolis/Corp/Enron@ENRON, Gil Muhl/Corp/Enron@ENRON, David Jones/NA/Enron@ENRON, Phil DeMoes/Corp/Enron@ENRON, Nelson Ferries/Corp/Enron@ENRON, Ruth Concannon/HOU/ECT@ECT, John Hodge/Corp/Enron@ENRON, Ed McMichael/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Susan W Pereira/HOU/ECT@ECT, Andrea Ring/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Jared Kaiser/HOU/ECT@ECT, John Hodge/Corp/Enron@ENRON, Chris Germany/HOU/ECT@ECT, Judy Townsend/HOU/ECT@ECT, Scott Goodell/Corp/Enron@ENRON, Victoria Versen/HOU/ECT@ECT, Sandra F Brawner/HOU/ECT@ECT, Peter F Keavey/HOU/ECT@ECT, Brad McKay/HOU/ECT@ECT, Vladi Pimenov/NA/Enron@Enron, Scott Hendrickson/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Clarissa Garcia/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT, Scott Loving/NA/Enron@ENRON, Tamara Carter/NA/Enron@ENRON, Kelly Loocke/ENRON@enronXgate, Chris Ordway/NA/Enron@Enron, Tracy Wood/NA/Enron@ENRON, Robert Allwein/HOU/ECT@ECT, Meredith Homco/HOU/ECT@ECT, Cynthia Franklin/Corp/Enron@ENRON, Alvin Thompson/Corp/Enron@Enron, Lia Halstead/NA/Enron@ENRON, Shanna Boudreaux/ENRON@enronXgate, Tricia Spence/HOU/ECT, Joe A Casas/HOU/ECT@ECT, Joann Collins/Corp/Enron@ENRON, Christina Sanchez/Corp/Enron@ENRON, Steve Gillespie/Corp/Enron@ENRON
cc:
Subject:	Jared's Happy Hour

Help us wish Jared well!!!!

Wednesday, April 25

at
Sambuca

910 Travis

4:30 p.m. - until

Please RSVP


Kay:

We told Paul Hastings that we would release our Guaranty and the Opinion at
closing on Wednesday.  They were okay with that.  If that's a problem, I can
fax the guaranty and opinion (once I have it signed), with a letter from me
saying you can't release it until funding...

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, May 01, 2001 9:59 AM
To: lee.johnson@ss.ps.ge.com; kent.shoemaker@ae.ge.com
Cc: Jake.Thomas@enron.com; Stephen.Thome@enron.com
Subject: Delta/Salmon

Good morning.

In order to finish up Delta/Salmon tomorrow, please note we need the
following today:

GE parent guaranty
LOC (so that full payment can be made to GE tomorrow)
Opinion of counsel

And once funds are received by GE, we need the receipt of funds letter.

Lee, I haven't heard back from the Portland gang to find out if the LV Co
Gen contract is ready.  Maybe Jake can help shake that loose.

Thanks,

Kay


Teco Tap       87.500 / HPL Gas Daily

LS HPL LSK IC       7.500 / Enron


Can either of you help me here?

-----Original Message-----
From: Hayslett, Rod
Sent: Sat 11/24/2001 11:33 AM
To: Geaccone, Tracy
Cc: Taylor, Sarah; Desai, Jayshree
Subject: Tw

There are files that back up the revenue projections that Steve Kleb gave me hard copies of for 2001 and 2002.  Can I get electronic copies of these, they have volumes and margins and appear to back up the revenue projections.

2002 File looks like s\marketing\twfinmkt_anly\Tw\twfin\2001\misc\[plan_forecast_design.xls]\summary.

2001 file looks like s\marketing\twfinmkt_anly\tw\twfin\2001\forecast-CE\[ce 3-2001.xls]model _source_data.

If the same exists for 2000 can we get it as well.  I would like as soon as possible and you can email to the cc addresses as well.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Yes I will be able to draft the Tasking Letter once an GSA is completed.  Here is the information required to set up an GSA.
Complete Company Legal Name:
Complete physical address:
Contact Name:
Contact Phone & Fax:
Contact E-mail:
Company Tax Id:

Thanks and best regards,

Adriana

----Original Message-----
From: 	Mann, Kay
Sent:	Monday, November 05, 2001 3:13 PM
To:	Bonhame, Brenda; Wynn, Adriana
Cc:	Grimm, Allan
Subject:	RE: Draft Contract for Plant Protection Service Houston to New Orleans (Jode Corp)

It appeared to me that a GSA would be most appropriate for this work.  In speaking with some other EBS lawyers, I was told that Adriana could craft the work order/addendum to go with the GSA.  Please let me know if this is incorrect.

Kay

 << File: Jode (Nov 5) GSA Revised 1-26-01.doc >>

 -----Original Message-----
From: 	Bonhame, Brenda
Sent:	Friday, November 02, 2001 2:49 PM
To:	Bonhame, Brenda; Wynn, Adriana; Mann, Kay
Cc:	Grimm, Allan
Subject:	RE: Draft Contract for Plant Protection Service Houston to New Orleans (Jode Corp)

I forgot to include the draft copy (it's been one of those days)

 << File: Interim Agreement for Jode Corp.doc >>


Tom,

The Thamm #1 well came on line for first delivery on Tuesday, 2/1/00 at
6:45pm.  The contract calls for first of the month pricing.  Please create a
one month baseload firm deal ticket in sitara based upon the following:

Counterparty    Meter    Volume   Price

Union Gas Corporation   9823    500mmbtu/d   100% IF/HSC less $0.10

Susan will create a firm ticket for the term of the deal once our geologists
have gathered enough data to forecast the reserves for this well; at such
time, we will request that this ticket be zeroed out.

If there are any questions or concerns please give me a call.

Thanks,

vlt
x3-6353


Note corrections on the Piedmont CNG capacity.
---------------------- Forwarded by Phil DeMoes/Corp/Enron on 02/09/2001
01:21 PM ---------------------------

"Scott Searcy" <scott.searcey@piedmontng.com> on 02/09/2001 01:16:03 PM
To:
cc:

Subject: Dominion Demand/Fuel Rates

The following rates were provided in the Piedmont Capacity RFP schedule you
received on January 24th, 2001, and were provided in error.  Please note that
the corrected rates are listed below and are also provided in the attached
schedule.  These rates include incremental charges from rate schedule X-74,
sheet # 37A, of Dominion Transmission's Tariff.  If you have any questions,
please let me know (704-364-3483 ext. 6302).

Dominion Monthly Demand Rate (FT-NT) = $8.90  (not provided in the attached
rate
schedule)
Dominion Fuel Rate (FT-NT) = 3.50% (2.28% was the fuel rate originally listed)
Dominion Commodity Rate (FT-NT) = $0  ($0.0456 was the commodity rate
originally
listed)

Sorry for an inconvenience this may have caused.

(See attached file: Release01.XLS)

 - Release01.XLS


Hope this doesn't piss Jeff off too much...

America has engaged in some finger wagging lately because California
doesn't have enough electricity to meet its needs. The rest of the
country (including George W. Bush's energy secretary Spencer Abraham,
who wants Californians to suffer through blackouts as justification for
drilling for oil in Alaska's Arctic National Wildlife Refuge) seems to
be just fine with letting Californians dangle in the breeze without
enough power to meet their needs. They laugh at Californians'
frivolity.

Well, everybody. Here's how it really is: California ranks 48th in the
nation in power consumed per person. California grows more than half the
nation's fruit, nuts and vegetables. We're keeping them. We need something
to eat when the power goes out. We grow 99 percent or more of the nation's
almonds, artichokes, dates, figs, kiwi fruit, olives, persimmons,
pistachios, prunes, raisins and walnuts. Hope you won't miss them.

California is the nation's number one dairy state. We're keeping our
dairy products. We'll need plenty of fresh ones since our refrigerators
can't be relied upon. Got milk?

We Californians are gonna keep all our high-tech software in state.
Silicon Valley is ours, after all. Without enough electricity, which
you're apparently keeping for yourselves, we just plain don't have
enough software to spare.

We're keeping all our airplanes. California builds a good percentage of
the commercial airliners available to fly you people to where you want
to go. When yours wear out, you'd better hope Boeing's Washington plant
can keep you supplied. There isn't enough electricity here to allow us
to export any more planes than we need ourselves.

And while we're at it, we're keeping all our high-tech aerospace stuff,
too, like the sophisticated weapons systems that let you sleep at
night, not worried you might wake up under the rule of some foreign
kook. [As opposed to some domestic kook]

Oh, yeah, and if you want to make a long-distance call, remember where
the satellite components and tracking systems come from. Maybe you
could get back in the habit of writing letters.

Want to see a blockbuster movie this weekend? Come to California. We
make them here. Since we'll now have to make them with our own
electricity, we're keeping them. Even if we shot them somewhere else,
the labs, printing facilities, editing facilities, and sound facilities
are all here.

Want some nice domestic wine? We produce over 17 million gallons per
year. We'll need all of it to drown our sorrows when we think about the
fact that no matter how many California products we export to make the
rest of America's lives better, America can't see its way clear to help
us out with a little electricity. You can no longer have any of our
wine.

You all complain that we don't build enough power plants. Well, you
don't grow enough food, write enough software, make enough movies,
build enough airplanes and defense systems or make enough wine.

This is your last warning, America. Lighten (us) up before it's too late.

Love,

The Californians

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


I thought it may be helpful to review my notes on information needed to
respond to the Botchlett/Straub charges (although I know you have notes on
the information needed).  We need: 1. The name, title, description of job
function (e.g. had crude oil trading portfolio) and ages of all persons
reporting directly to Wade Doshier and John Nowlan for the period 1/1/99 to
6/1/01 and what happened to them in the organization (e.g. still there,
transferred, terminated) including dates.  For each person if they had
established P&L goals in each year what they were and how well they did
against the goal. 2. The P&L for Botchlett on his own books (as opposed to
his team result) for both 1999 and 2000. 3. The organization charts for the
group managed by Doshier then Shankman back to 1995 if available. 4. Data on
Straub's actual presence in the building from security.
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named above.  If you are not the intended recipient or an authorized
representative of the intended recipient, you are hereby notified that any
review, dissemination or copying of this email and its attachments, if any,
or the information contained herein is prohibited.  If you have received
this email in error, please immediately notify the sender by return email
and delete this email from your system.  Thank You


Start Date: 4/16/01; HourAhead hour: 20;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041620.txt

---- SC Trades Schedule ----
+++ Hour 20 - bad data from ISO.
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/16/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


FYI
---------------------- Forwarded by Eric Bass/HOU/ECT on 03/27/2000 10:55 AM
---------------------------
From: Lee L Papayoti on 03/27/2000 10:51 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: FYI - BASF - sitara # 120266

Eric:

Due to plant maintenance, their volumes in April will vary from what's booked

I've changed sitara ticket - risk assignment will be affected

Lee


I spoke with Paul Haas with Kinder Morgan (NGPL) today about this.  He said it is not NGPL's intention to ever shut this point in if TW is overdelivering, only to cut the point back to rate.  He pledged their continued cooperation and as a followup, Darrell Schoolcraft and I have a conference call with Paul and Darrell's countepart scheduled for Tuesday, 2/19 to discuss the operation of TW/NGPL points and possible payback of volumes on the OBA.

Randy - if you have anything in particular that you would like us to bring up during the call, please call Darrell.  Thanks.

 -----Original Message-----
From: 	Watson, Kimberly
Sent:	Thursday, February 07, 2002 11:00 AM
To:	Lindberg, Lorraine
Cc:	Lebeau, Randy
Subject:	FW: NGPL - Gray Interconnect

Lorraine,

Would you please have a conversation with KMI about Randy's concern of KMI shutting in the Gray I/C w/o notifying us and the problems it would cause at P-3.  Also, keep Darrell, Market Services and, of course, Randy, plugged into the status.

Thanks, Kim.

 -----Original Message-----
From: 	Lebeau, Randy
Sent:	Friday, February 01, 2002 11:26 AM
To:	Watson, Kimberly
Subject:	NGPL - Gray Interconnect

I've just been included in some discussion about this interconnect.  Apparently Kinder-Morgan wants to put a control valve downstream of our measurement point.  They want to do this to have some control of deliveries off TW onto their system.  They have some concern about over-deliveries.  I understand that this happened on a couple of occassions in the past (possibly due to a malfunction with our valve).  They assure us that this control valve is only to provide them with the protection against over delivery.
It would be set to flow at a rate equal to their nomination, I guess.
As I said, they intend to set this valve downstream of measurement, on their pipe.  Since it will be installed on their pipe, I don't think there's much we can do about it.
However, we were wondering if there can be some wording or agreement formalized that says they would not shut this point in before contacting our field personnel and/or gas control.  I don't think this is their intention, but if they did shut in without notification, it would cause problems at our P-3 station.
We've tried to talk them out of this installation, but they seem adamant to proceed.
I wasn't sure who to contact about this.  Could you let me know if this is a major concern with marketing and scheduling?
Thanks


Enron opens an office in Japan.  Get the details in eBiz.

Also in this issue:
FERC suggests overhaul for California
ENA's focus on upstream services
Cyber Cafe in Dabhol

It's all in the latest eBiz.  Go to home.enron.com, click Publications, then
click eBiz, and "eBiz November 3, 2000."


A news release regarding the Commission Schedules Information Hearing and
Site Visit of Proposed Power Plant Site in Chino has been posted.  To view
this news release, please visit:

http://www.energy.ca.gov/releases/2001_releases/2001-05-12_chino.html

Thank you,

Jon Doidge
CEC Web Team


Is this showing up on today's list?
---------------------- Forwarded by Tana Jones/HOU/ECT on 12/30/99 08:49 AM
---------------------------

	Enron North America Corp.

	From:  Patricia Cini                           12/30/99 07:47 AM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: Sithe Power Marketing, L.P. - New EOL Counterparty Response
12/29/99

Tana-

We are not adding this counterparty to EOL until I have legal approval.

Regards,

Pat

	Enron North America Corp.

	From:  Tana Jones                           12/29/99 05:28 PM

To: Patricia Cini/HOU/ECT@ECT
cc:
Subject: Re: Sithe Power Marketing, L.P. - New EOL Counterparty Response
12/29/99

I've had no list come throught with this counterparty.  What's the scoop?
Will it be on tomorrow's list?


I believe the payment schedule on the spread sheet previously given to AK is
correct.  If there is a conflict, change order 4 takes precedence as to the
timing of the payments.  At least 10% has been paid on these turbines, so I
don't understand the 5% question.

Rebecca Walker is preparing an updated payment schedule for all the break out
contracts.

Kay

Dale Rasmussen@ECT
12/07/2000 01:51 PM
To: Kay Mann/Corp/Enron@Enron, Ben Jacoby/HOU/ECT@ECT
cc:

Subject: Payment schedule for Las Vegas Turbines

Pete Thompson called with a question about what payments have been made on
the Las Vegas turbines.  He made specific reference to Change Order #4 and
the effect it may have on the payment schedule for Las Vegas.

Do you know whether a 5% payment was made on these 4 turbines, or will the
full payment amount be due on May 15, Julsy 30 and August 30?


A few people have requested the agenda for the offsite tomorrow and Friday.  We had originally intended to distribute it at the meeting tomorrow, but here it is!

PLEASE NOTE THAT WE START AT 8:30 BOTH DAYS.

Please let me know if you have any questions.

If you need directions to the San Luis Hotel in Galveston, please call Sharron Westbrook or me.

Thanks!