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no

	From:  Mark Taylor                           11/19/99 05:15 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: series 3,7 whatever

Is this something you know anything about?
---------------------- Forwarded by Mark Taylor/HOU/ECT on 11/19/99 05:14 PM
---------------------------

	Enron Capital Management

	From:  Jeffrey McMahon                           11/19/99 03:30 PM

To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: series 3,7 whatever

Michael Brown suggested I contact you on this.  I am SFA registered in the
UK.  Can that be transferred to the US as a series 7 broker registration or
something else similar??  I would appreciate your thoughts and help on this.

Thanks


Mike:
Just wanted to let you know how everything went with the Marathon if you
haven't heard already.  My time was a little slower (4:27: 53), but I
finished and my goal of not walking was kept.  I now want you to focus in on
is the MS150 in April.  We are both doing it and yes, I will give you your
bike back to do it.  I think this would be something really fun to train for
and to participate in.  Talk to you soon.
Ben


Tom,

Sounds fine anytime is good.  Basically the parameters that need changing are
those on the Optimizer sheet:

Start/End Date
Spreads
Max Inj/With rates
Max Storage volume
Selected Curve
Storage Facility

I'm free all week, so let me know when and where if you want to get together.

Mat

Tom Halliburton@ENRON
02/27/2001 10:00 AM
To: Matt Smith/NA/Enron@ECT
cc:

Subject: Re: Solver Licence Key

Hi Matt,
Multiple values for parameters - sounds OK.  I'd add an extra run option to
the menu bar, and you could set up a list of parameters on a separate tab,
each line corresponding to a complete run.  How about a meeting tomorrow when
you could tell me what parameters need to be varied?

Tom

Matt Smith@ECT
02/26/2001 05:46 PM
To: Tom Halliburton/Corp/Enron@ENRON@ECT
cc:

Subject: Re: Solver Licence Key

Tom,

I took a few days off and just got back....

Anyway, I haven't tried it without the key, but if you say it works, then I'm
sure it does.  One thing I'm realizing, though, is that it's taking me way
too much time to babysit this thing through multiple runs of the model even
when it does work.  In order to get the full benefit of your model I want to
run it a zillion times for many different combinations of parameters.  So, if
you haven't guessed already, I'm wondering how hard it would be to get this
thing to zip through some preset combinations of parameters and save the
results without me tending to it.  I envision a spreadsheet where I list out
all of the parameter values for each run, and the model picks out the
parameters, runs through a year's worth of data, and saves the summary sheet,
then steps to the next set of variables.  In this way I could set it to run a
bunch of times over night or something so it wouldn't tie up the work day.
Would this be just a separate macro?  What do you think?

Mat

Tom Halliburton@ENRON
02/22/2001 08:01 AM
To: Matt Smith/NA/Enron@ECT
cc:

Subject: Solver Licence Key

Hi Mat,
I took away your licence key from the back of your PC yesterday.  The
problems with our network licence for the solver have gone away - I do not
really understand what happened.  Try the model aand see if it works OK -
runs fine on my computer now, whereas it did not run 2 weeks ago.  I suspect
some sort of network problem, and IT have not been able to figure out any
more likely cause.

Tom


> -----Original Message-----
> From:	Archie Glover
> Sent:	Thursday, October 18, 2001 3:35 PM
> To:	vince.crescenzi@gfinet.com
> Subject:	FW: Let's see if you send this back (fwd)
>
>
>
> -----Original Message-----
> From:	Andrea M. Savada [SMTP:asav@loc.gov]
> Sent:	Tuesday, October 16, 2001 2:17 PM
> To:	susanskoch@hotmail.com; Donna Markell; Elisabeth Boas; Andrea Edson;
> jgood51@aol.com; yogab@aol.com; Deborah Schwartz; knightfaxr@aol.com;
> MaryAnn Sack; roz@jonas.com
> Subject:	Let's see if you send this back (fwd)
>
>
>
> ---------- Forwarded message ----------
> Date: Tue, 16 Oct 2001 09:03:20 -0400
> From: susan <susanskoch@hotmail.com>
> To: marilyn yentis <pyentis@aol.com>, beth sheer <bethie128@aol.com>,
>      linda schugar <ljschugar@aol.com>, karen scheinberg <babeks@aol.com>,
>      andrea savada <asav@loc.gov>, didi sacks <Ddskids1@aol.com>,
>      gary roebuck <braces@j51.com>, cathy reinitz
> <cathyreinitz@hotmail.com>,
>      steve philips <drsteve@erols.com>, joanne orleans
> <jrorleans@aol.com>,
>      stuart mendelson <stuart8901@starpower.net>,
>      ellen maltz <Ellenmaltz@aol.com>, sally levitt <redsy148@aol.com>,
>      charla lerman <chlerman@aol.com>, arthur lebowitz
> <grampsalot@rcn.com>,
>      carol klein <carol@kbk.org>, jane katz <ronaldk204@aol.com>,
>      lois gutmann <LoisLSG@aol.com>, betsy grossman <Betsmen@aol.com>,
>      linda gross <egross@erols.com>, lonny felsen <landsfels@aol.com>,
>      debbie epstein <epsteindl@aol.com>, barry epstein <bhemd@aol.com>,
>      linda cohen <SCCENDO@aol.com>, alice bonder <ali@kd-cpa.com>,
>      linda berman <berm0842@aol.com>
> Subject: Let's see if you send this back
>
>   << Let's see if you send this back
>    > >>
>    > >>
>    > >>
>    > >> One day, when I was a freshman in high school, I saw
>    > >>
>    > >> a kid from my class was walking home from school. His
>    > >>
>    > >> name was Kyle. It looked like he was carrying all of his
>    > >>
>    > >> books. I thought to myself, "Why would anyone bring
>    > >>
>    > >> home all his books on a Friday? He must really be a
>    > >>
>    > >> nerd."
>    > >>
>    > >>
>    > >>
>    > >> I had quite a weekend planned (parties and a football
>    > >>
>    > >> game with my friends tomorrow afternoon), so I
>    > >>
>    > >> shrugged my shoulders and went on.
>    > >>
>    > >>
>    > >>
>    > >> As I was walking, I saw a bunch of kids running toward
>    > >>
>    > >> him. They ran at him, knocking all his books out of his
>    > >>
>    > >> arms and tripping him so he landed in the dirt. His glasses
>    > >>
>    > >> went flying, and I saw them land in the grass about ten
>    > >>
>    > >> feet from him. He looked up and I saw this terrible
>    > >>
>    > >> sadness in his eyes.
>    > >>
>    > >>
>    > >>
>    > >> My heart went out to him. So, I jogged over to him and
>    > >>
>    > >> as he crawled around looking for his glasses, and I saw
>    > >>
>    > >> a tear in his eye. As I handed him his glasses, I said,
>    > >>
>    > >> "Those guys are jerks. They really should get lives." He looked at
> me
>    and
>    >
>    > >>
>    > >> said, "Hey thanks!" There was a big
>    > >>
>    > >> smile on his face. It was one of those smiles that showed
>    > >>
>    > >> real gratitude.
>    > >>
>    > >>
>    > >>
>    > >> I helped him pick up his books, and asked him where
>    > >>
>    > >> he lived. As it turned out, he lived near me, so I asked him
>    > >>
>    > >> why I had never seen him before. He said he had gone to private
> school
>    > >>
>    > >> before now.
>    > >>
>    > >>
>    > >>
>    > >> I would have never hung out with a private school kid
>    > >>
>    > >> before. We talked all the way home, and I carried some
>    > >>
>    > >> of his books. He turned out to be a pretty cool kid. I
>    > >>
>    > >> asked him if he wanted to play a little football with my
>    > >>
>    > >> friends. He said yes. We hung out all weekend and the
>    > >>
>    > >> more I got to know Kyle, the more I liked him, and my
>    > >>
>    > >> friends thought the same of him.
>    > >>
>    > >>
>    > >>
>    > >> Monday morning came, and there was Kyle with the
>    > >>
>    > >> huge stack of books again. I stopped him and said,
>    > >>
>    > >> "Boy, you are gonna really build some serious muscles
>    > >>
>    > >> with this pile of books everyday!" He just laughed and
>    > >>
>    > >> handed me half the books.
>    > >>
>    > >>
>    > >>
>    > >> Over the next four years, Kyle and I became best
>    > >>
>    > >> friends. When we were seniors, we began to think
>    > >>
>    > >> about college. Kyle decided on Georgetown, and I
>    > >>
>    > >> was going to Duke. I knew that we would always be
>    > >>
>    > >> friends, that the miles would never be a problem. He
>    > >>
>    > >> was going to be a doctor, and I was going for business
>    > >>
>    > >> on a football scholarship.
>    > >>
>    > >>
>    > >>
>    > >> Kyle was valedictorian of our class. I teased him all the
>    > >>
>    > >> time about being a nerd. He had to prepare a speech for
> graduation.
>    > >>
>    > >> I was so glad it wasn't me having to get up there and
>    > >>
>    > >> speak. Graduation day, I saw Kyle. He looked great. He
>    > >>
>    > >> was one of those guys that really found himself during high
> school. He
>    > >>
>    > >> filled out and actually looked good in glasses.
>    > >>
>    > >> He had more dates than I had and all the girls loved him.
>    > >>
>    > >> Boy, sometimes I was jealous.
>    > >>
>    > >>
>    > >>
>    > >> Today was one of those days. I could see that he was
>    > >>
>    > >> nervous about his speech. So, I smacked him on the back
>    > >>
>    > >> and said, "Hey, big guy, you'll be great!" He looked at me
>    > >>
>    > >> with one of those looks (the really grateful one) and smiled.
> "Thanks,"
>    he  said.
>    > >>
>    > >>
>    > >>
>    > >> As he started his speech, he cleared his throat, and
>    > >>
>    > >> began. "Graduation is a time to thank those who helped
>    > >>
>    > >> you make it through those tough years. Your parents,
>    > >>
>    > >> your teachers, your siblings, maybe a coach...but mostly
>    > >>
>    > >> your friends. I am here to tell all of you that being a
>    > >>
>    > >> friend to someone is the best gift you can give them. I
>    > >>
>    > >> am going to tell you a story."
>    > >>
>    > >>
>    > >>
>    > >> I just looked at my friend with disbelief as he told the
>    > >>
>    > >> story of the first day we met. He had planned to kill
>    > >>
>    > >> himself over the weekend. He talked of how he had
>    > >>
>    > >> cleaned out his locker so his Mom wouldn't have to do
>    > >>
>    > >> it later and was carrying his stuff home.
>    > >>
>    > >> He looked hard at me and gave me a little smile.
>    > >>
>    > >> "Thankfully, I was saved. My friend saved me from
>    > >>
>    > >> doing the unspeakable."
>    > >>
>    > >>
>    > >>
>    > >> I heard the gasp go through the crowd as this handsome, popular
> boy
>    told
>    >
>    > >>
>    > >> us all about his weakest moment. I saw
>    > >>
>    > >> his Mom and dad looking at me and smiling that same
>    > >>
>    > >> grateful smile. Not until that moment did I realize it's depth.
>    > >>
>    > >>
>    > >>
>    > >> Never underestimate the power of your actions. With
>    > >>
>    > >> one small gesture you can change a person's life. For
>    > >>
>    > >> better or for worse.
>    > >>
>    > >> God puts us all in each other's lives to impact one another
>    > >>
>    > >> in some way.
>    > >>
>    > >> Look for God in others.
>    > >>
>    > >>
>    > >>
>    > >> You now have two choices, you can:
>    > >>
>    > >> 1) Pass this on to your friends or
>    > >>
>    > >> 2) Delete it and act like it didn't touch your
>    > >>
>    > >> heart.
>    > >>
>    > >>
>    > >>
>    > >> As you can see, I took choice number 1. "Friends are
>    > >>
>    > >> angels who lift us to our feet when our wings have
>    > >>
>    > >> trouble remembering how to fly."
>    > >>
>    > >>
>    > >>
>    > >> There is no beginning or end..Yesterday is history.
>    > >>
>    > >>
>    > >>
>    > >> Tomorrow is mystery.
>    > >>
>    > >>
>    > >>
>    > >> Today is a gift.
>    > >>
>    > >>
>    > >>
>    > >> It's National Friendship Week. Show your friends
>    > >>
>    > >> how much you care. Send this to everyone you
>    > >>
>    > >> consider a FRIEND. If it comes back to you, then
>    > >>
>    > >> you'll know you have a circle of friends.
>    > >>
>    > >>
>    > >>
>    > >> WHEN YOU RECEIVE THIS LETTER, YOU'RE REQUESTED TO SEND IT TO AT
> LEAST
>
>    10  PEOPLE, INCLUDING THE PERSON WHO SENT
>    > >>
>    > >> IT TO YOU.
>
>
>
>
>
>
>     >>
>
>   --
>
>   _______________________________________________
>   Sign-up for your own FREE Personalized E-mail at Mail.com
>   http://www.mail.com/?sr=signup
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>

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---------------------- Forwarded by Kay Mann/Corp/Enron on 07/13/2000 05:21
PM ---------------------------

	From:  Laura Luce                           07/13/2000 05:20 PM

To: Eric LeDain/CAL/ECT@ECT
cc: Rusty Stevens/Corp/Enron@ENRON, Fred Mitro/HOU/ECT@ECT, Gregg
Penman/Corp/Enron@Enron, Kay Mann/Corp/Enron@Enron

Subject: Turbine Acquisition

Eric,
We are moving ahead to have legal turn a turbine purchase agreement.  As
discussed on Tuesday morning, we must turn an offer to People's on Friday
July 14.  I want to assure that all parties have provided enough time and
attention to 1) review a document 2) provide comments and 3) provide a
legally binding (conditioned on ABB requirements) offer to PEC.

Please contact me with questions or comments @ 312/541-1225.

Thanx,
Laura


This is a copy of your message sent to CuriousDSC@talkmatch.com -->

Hello,

I ran across you picture and found you to be very attractive, and after reading your "bio" I thought I'd drop you a line.  My name is Paul, I live on the north side of town and work downtown.  I noticed you work downtown?
Anyway I'm sending you my profile, if there is any interest I'd love to hear from you!

Paul

Click the following link to view the sender's profile:
http://www.match.com/doubleblind/showprofile.asp?UserID=484948454C4B4E&trackingid=65685

The following is my profile text:

Hello, I'm a down to earth person that likes to laugh and have a good time. I work in downtown Denver as a commodities trader for a large energy trading house. I do enjoy my career but understand life needs to be kept in prospective and be balanced. I enjoy activities over sitting and watching, but I have been known to sit in front of the TV and watch football or college basketball all day. I'm looking for someone who enjoys life and doesn't take themselves too seriously.

*********************************************************

ADDITIONAL TIPS from Match.com:

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that it will NOT appear in the 'From:' line.

You may also contact this person from their Match.com profile by
clicking 'Contact this person' and composing your message directly from the
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message as we are unable to remove these.

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your email. And note that you cannot use 'Cc:' or 'Bcc:' if you want
your email to remain anonymous.

Match.com does not monitor private email between members, nor are we
liable for the content of these messages. All members are bound by our
Match.com Service Agreement.


I can play.  That actually works well for me.

TGBOLDIG@aol.com on 04/27/2001 11:22:35 AM
To: <Stanley.Horton@enron.com>
cc:

Subject: Sat Golf

Stan,

Tee time is at 11 on Sat.  My apoligies on the start time, I had a brain
cramp on Weds and sent the request in late.

Tom


Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 09/01/00 04:03 PM -----

	"MURIEL McFARLING" <MCFAM@andrews-kurth.com>
	08/31/00 09:13 AM

		 To: "David Barbour" <BARBD@andrews-kurth.com>, "DEBORAH LOWE"
<LOWED@andrews-kurth.com>, "MURIEL McFARLING" <MCFAM@andrews-kurth.com>,
"Michael Thimmig" <THIMM@andrews-kurth.com>, <alan.quaintance@enron.com>,
<brenda.l.funk@enron.com>, <carol.st.clair@enron.com>,
<charles.delacey@enron.com>, <Clement.abrams@enron.com>,
<David.roland@enron.com>, <Joel.ephross@enron.com>,
<tina.livingston@enron.com>, <trevor.randolph@enron.com>,
<trushar.patel@enron.com>, <mniebruegge@mayerbrown.com>,
<tellwood@mayerbrown.com>, <eawilburn@prickett.com>, <Tamullen@prickett.com>,
<kenton@rlf.com>, <mark.wolf@us.cibc.com>, <mercedes.arango@us.cibc.com>,
<schottla@us.cibc.com>, <aroberts@wilmingtontrust.com>
		 cc:
		 Subject: Enron/McGarret C

Attached is the McGarret C Series Supplement blacklined against the previous
version.  This document was inadvertently left off the distribution that was
sent out yesterday.

Muriel C. McFarling
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, Texas 75201
(214) 659-4461
(214) 659-4784 (fax)

 - 254319.wpd
 - 254319.doc


Jennifer:
I have passed on all of the information that you sent to me to Sara Shackleton who is now in charge of financial trading matters for the estate.  Please coordinate resolution of this matter with Sara.  Her number is 35620.  Thanks.

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Shipos, Jennifer
Sent:	Wednesday, January  9, 2002 1:12 PM
To:	St. Clair, Carol
Subject:	FW: Amerigas MTM

This is the MTM for Amerigas as of 1/8/02.  Let me know what I need to do next.

Thanks,

Jennifer Shipos X 35538
 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Wednesday, January 09, 2002 11:17 AM
To:	Shipos, Jennifer
Subject:	Amerigas MTM

 << File: Amerigas Propane  MTM  01.08.2002.xls >>

Here you go!  Thanks.  Let me know if you need anything else.

M


Stacey,

I updated your list with inputs from Casey and Donny.  I am ready to have you review the list with me.  I have enclosed the latest copy.  The requirements I would like to review with you are on Sheet 2 of the Excel Spreadsheet.

Thank you.

Debra


Heather


Jeff,

Sara has asked me to follow-up regarding the captioned Enron Affiliate and
the need to confirm a trade.

Being that this Enron affiliate does not appear in the Corporate Database I
was hoping  you could furnish details regarding this Enron Affiliate, as
follows:

1. When was the company incorporated???
2. Where was it incorporated???
3 Or did we acquire an existing company by virtue of an acquisition???
4. What is the date of the FX trade, for which this Enron Affiliate is a
party???
5. If this is a newly formed Enron Affiliate was the date of the FX trade
dated simultaneous with the company's incorporation???
6. For notice purposes under the ISDA -- would we use the following???

    Bay Wellington Tower - BCE Place
    181 Bay Street, Suite 1540
    Toronto, Ontario M5J 2T3
7. If the foregoing address for notice is sufficient -- please advise as to:
(a)  whom's attention, (b) phone number, and (c) fax number.

In discussing this matter with Sara, we have determined it would be a cleaner
transaction if the FX trade could be confirmed under an RMT master rather
than doing a Deemed ISDA confirmation.  Therefore, once you furnish the
foregoing information Sara and I will be able to decide what path to take in
order to consummate this FX trade.

Thanks for the help.

Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail:  Susan.Bailey@enron.com
----- Forwarded by Susan Bailey/HOU/ECT on 04/25/2001 06:22 PM -----

	Sara Shackleton
	04/25/2001 01:55 PM

		 To: Susan Bailey/HOU/ECT@ECT
		 cc:
		 Subject: Deemed ISDA

Susan:

Laurel Adams has an FX deal where RMT must be a party.  The counterparty is a
100% owned Enron sub named "Compagnie de Papiers Stadacona".  When I last
checked, nothing shows up in the corporate database.  However, I have
verified the name, ownership, etc.  with Jeff Blumenthal.  I will separately
email you the counterparty info that I have.

We need a deemed ISDA for the parties.  We should later do the ISDA when the
information is available on the database (which could be any day, I
suppose).  I would just use our standard RMT format.

Please assign.  Feel free to call me or Laurel with questions.  Thanks.

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


Kinda spooky since they are a technology driven company!

Stephen Plauche
10/31/2000 09:20 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Delivered: RE: Purchase Order

Scott had talked to Ross and Ross had indicated to Scott that he had not
received it yet.  Someone needs lessons in opening and using their email
system it appears.

SP
---------------------- Forwarded by Stephen Plauche/Corp/Enron on 10/31/2000
09:21 AM ---------------------------

Kay Mann
10/31/2000 09:11 AM
To: Stephen Plauche/Corp/Enron@Enron, Scott Healy/HOU/ECT@ECT
cc:

Subject: Delivered: RE: Purchase Order

They should now have at least 3 emails with the contract.  I suspect they may
have 4.  I'll know next time!

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 10/31/2000 09:11
AM ---------------------------

System Administrator <postmaster@ercc.com> on 10/31/2000 09:01:21 AM
To: Kay.Mann@enron.com
cc:

Subject: Delivered: RE: Purchase Order

 <<RE: Purchase Order>> Your message

  To:      Levine, Ross
  Cc:      'Scott.Healy@enron.com'; Kay.Mann@enron.com; Leitman, Jerry;
Nock, Herb; Bentley, Chris; Leo, Tony
  Subject: RE: Purchase Order
  Sent:    Tue, 31 Oct 2000 09:58:49 -0500

was delivered to the following recipient(s):

Levine, Ross on Tue, 31 Oct 2000 10:01:21 -0500
Leitman, Jerry on Tue, 31 Oct 2000 10:01:21 -0500
Nock, Herb on Tue, 31 Oct 2000 10:01:21 -0500
Bentley, Chris on Tue, 31 Oct 2000 10:01:21 -0500
Leo, Tony on Tue, 31 Oct 2000 10:01:21 -0500

----- Message from Kay.Mann@enron.com on Tue, 31 Oct 2000 09:58:49 -0500 -----
To:	"Levine, Ross" <rlevine@fce.com>
cc:	"'Scott.Healy@enron.com'" <Scott.Healy@enron.com>, Kay.Mann@enron.com,
"Leitman, Jerry" <jleitman@fce.com>, "Nock, Herb" <HNock@FCE.com>, "Bentley,
Chris" <cbentley@fce.com>, "Leo, Tony" <tleo@fce.com>
Subject:	RE: Purchase Order


The report named: NG - Price P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=10&report_name=NG+-+Price+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=11/20/2001>, published as of 11/20/2001 is now available for viewing on the website.


Mr. Bonner -

Attached is a new Confidentiality Agreement between SunGard Trading & Risk Systems and EnronOnline/Enron Net Works.  This agreement is being provided in order to enable current discussions to move forward and to facilitate the work contemplated in the 10/24 letter forwarded by Mr. Popp.

I realize we have an existing CA with Automated Securities Clearance, Ltd.; however, since this entity is not the same as STRS, a new agreement has been proposed.  If discussions between the parties result in the involvement of other SunGard entities, we can address this at that time by either providing new agreements for each entity or amending the attached to encompass the new entities.

Please have the attached reviewed at your convenience and let me know if SunGard should have any comments or questions.

Thanks for your assistance.

Mark
Ph: 713-345-8897
Fax: 713-646-4842
E-mail: mark.greenberg@enron.com


SBX 1 (Soto) - The windfall profits tax bill passed out of the Senate
Revenue and Taxation Committee on a party-line vote.  Language is
forthcoming, however the bill is missing major components as those have
not been worked out.  The bill is structured to provide a tax rebate to
consumers thereby making it revenue neutral so it only needs a simple
majority vote to pass.


----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:39 PM -----

	Michael Tribolet/ENRON@enronXgate
	02/24/2001 08:07 AM

		 To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON
		 cc:
		 Subject: FW: Your advice on Saybrook Letter

FYI:

 -----Original Message-----
From:  Gary Ackerman <foothill@lmi.net>@ENRON
[mailto:IMCEANOTES-Gary+20Ackerman+20+3Cfoothill+40lmi+2Enet+3E+40ENRON@ENRON.
com]
Sent: Friday, February 23, 2001 8:28 PM
To: Tribolet, Michael
Subject: Your advice on Saybrook Letter

Michael,

I received today the attached letter from Jonathon Rosenthal of Saybrook
Capital.

Based on the conversation you and I had yesterday, I think that a proper
counter proposal would be to meet in LA, organize a credit committee,
and instruct Saybrook to seek funding from PG&E and SCE.  But, I would
be interested in hearing your thoughts.

gba

 - WPTF jmw_.doc


-----Original Message-----
From:  Calcagno, Suzanne
Sent: Thursday, April 19, 2001 1:12 PM
To:
Subject: March of Dimes

Hello All--

Shelley Corman has asked me to forward the attached letter to you regarding
Enron's fundraising efforts on behalf of the March of Dimes.

Please take a moment to review--any contribution you can make would be
greatly appreciated and will be matched 100% by Enron.

Please ket me know if you have any questions or need any additional
information

Thanks!

Please make checks payable to the March of Dimes and send to me at Location
EB3275F.

==============================================================================
============================================
Dear ENA Team Member:

I am proud to serve as a sponsor of Enron,s March of Dimes 2001 Walk Team.
March of Dimes is a national nonprofit organization whose mission is to
improve the health of babies preventing birth defects and infant mortality.
Childhood health is a cause near and dear to my heart.

Obviously, it is a cause that is near and dear to Enron employees as well.
Last year our Enron team raised over $46,000.   This year our team has set a
goal to raise $75,000.  With your help, I believe we can achieve this
aggressive goal.

I understand that you are called upon to donate your time and money to many
worthy causes and clearly I am not a seasoned fundraiser.  What I can tell
you is that I am proud of our employees that have rallied a grassroots effort
to support March of Dimes here at Enron.  I am committed to continuing their
work.  I ask that you consider making a donation in any amount.

Please use the attached envelope to make your donation to the March of Dimes
and forward you check back to me by Friday, April 27th.  Your contribution is
totally tax deductible and Enron will match your gift dollar for dollar (I
will take care of the matching paperwork).

Thanks, in advance, for your donation and support of the March of Dimes.  You
can read more about the March of Dimes at www.modimes.org.

Sincerely,

Suzanne Calcagno
Manager--Regulatory Affairs
Gas Logistics


Where/when does the vessel have to take bunkers if it skips the topping at
Fujairah ? What's the price differential ?

"LNG/C Hoegh Galleon - Master" <master.amar@hoegh.no> on 03/19/2001 02:34:09
PM
To: "Dan Masters, Enron Houston" <Dan.Masters@enron.com>
cc: "Tony Galt, Enron Houston" <Tony.Galt@enron.com>, "Jim Fernie, Enron
Houston" <Jim.Fernie@enron.com>, "Paul.Y'Barbo, Enron Houston"
<Paul.Y'Barbo@enron.com>, "Wayne Perry, Enron Houston"
<Wayne.Perry@enron.com>, "Leif Hoegh & Co. ASA - Nord, Roald" <rln@hoegh.no>

Subject: LNG/C"HOEGH GALLEON"   - Bunkering

Dear Dan.

Due to the time schedule and uncertainty regarding the eta Fujairah,
we desided to not nominating bunkers for topping up this time.
The vessel's rob on arrival Qalhat will be abt F.O. 3800mt and G.O.
155 mt.

Best regards

Capt Kjell Kvammen  LNG/C "HOEGH GALLEON"

Brgds Oe. Hansen
Master

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


John:
Jeff Hodge is handling this.

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Schwartzenburg, John
Sent:	Monday, December  10, 2001 11:55 AM
To:	St. Clair, Carol
Cc:	Mitro, Fred; Jacoby, Ben; Tweed, Sheila
Subject:	Onondaga GSA

Carol, this is connection  withOnondaga GSA and the bankruptcy related default event it contains that I sent an e-mail to you about last week. Apparently, this GSA is $800k positive to Enron. I understand your group is handling all GSA's, and will be dealing with this contract. Can you let Fred Mitro and Ben Jacoby know which commerical person in your group they should contact about this GSA?


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/12/2001
11:57 AM ---------------------------
From: Mark Whitt@ENRON on 02/08/2001 03:44 PM MST
Sent by: Mark Whitt@ENRON
To: Phillip K Allen/HOU/ECT@ECT
cc: Barry Tycholiz/NA/Enron@ENRON, Paul T Lucci/NA/Enron@Enron
Subject: AEC Volumes at OPAL

Phillip these are the volumes that AEC is considering selling at Opal over
the next five years.  The structure they are looking for is a firm physical
sale at a NYMEX related price.  There is a very good chance that they will do
this all with one party.  We are definitely being considered as that party.
Given what we have seen in the marketplace they may be one of the few
producers willing to sell long dated physical gas for size into Kern River.

What would be your bid for this gas?

----- Forwarded by Mark Whitt/NA/Enron on 02/08/2001 03:13 PM -----

	Tyrell Harrison@ECT
	Sent by: Tyrell Harrison@ECT
	02/08/2001 03:12 PM

		 To: Mark Whitt/NA/Enron@Enron
		 cc:
		 Subject: AEC Volumes at OPAL


Vince,
Jacob has good background in OR and can start working on
pipeline problems right away, if we need someone.

Maybe it is from his consulting background, I found that at times
he exaggerates a bit about his roles in model building. He would
start saying he did everything, and later water it down quite a bit.
(What he actually did is not an easy accomplishment though.)
He also stressed that he wants to move away from pipeline
projects.

I did not got a chance to ask him any questions about derivatives
and finance.

Best,
Alex


---------------------- Forwarded by Sharon Solon/ET&S/Enron on 05/23/2001 02:54 PM ---------------------------

	  From:  Sharon Solon                           05/23/2001 02:28 PM

To:	Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron, Tony Pryor/ET&S/Enron@ENRON, Kimberly Watson/ET&S/Enron, Lorraine Lindberg/ET&S/Enron, Michele Loughead/ENRON@enronXgate, TK Lohman/ET&S/Enron, Jeffery Fawcett/Enron@EnronXGate, Lindy Donoho/ET&S/Enron, Mary Darveaux/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron, Dari Dornan/ET&S/Enron@ENRON, Steve Kirk/ET&S/Enron
cc:	Glen Hass/ET&S/Enron@ENRON, Audrey Robertson/ET&S/Enron, Emily Sellers/ET&S/Enron, Jan Cobden/ET&S/Enron, Barbara Bischoff/ET&S/Enron@ENRON, Ann Smith/ET&S/Enron

Subject:	TW Posting & Bidding Procedures/4/26/01 Draft

A meeting has been scheduled for Tuesday, May 29th at 3:00 in the Video (Houston 49C2, Omaha 7C2) to review and finalize the 4/26/01 draft prepared by Susan Scott.  (document attached)

I have faxed a copy of this draft to Kim Watson and her people.  Also faxed a copy to Steve Harris and Drew Fossum.


green bay and chic under 39


Bill -

As I am not sure whether or not Craig gets his e-mails, can you please pass this along.

There is a first for everything!

Amy
---------------------- Forwarded by Amy FitzPatrick/PDX/ECT on 04/09/2001 12:16 PM ---------------------------

Amy FitzPatrick
04/02/2001 08:24 AM
To:	Craig Dean/PDX/ECT@ECT
cc:
Subject:	Drug Test

Craig -

I just received notice that there was a collector error on your sample.  Can you please contact EMSI to reschedule a drug test at 1-800-522-3674?  Sorry for any inconvenience this may cause you.

Kind regards -
Amy


Gentlemen,

Does the Mississippi constitution impact the issue?  The munies are
specifically citing Section  100 of the Mississippi constitution, and have
faxed me an opinion of the Mississippi AG interpreting this section. If you
will email me your fax number I will fax it to you.

Kay

"Keffer, John" <JKeffer@KSLAW.com> on 02/28/2001 02:03:59 PM
To: "C. Kay Mann (E-mail)" <Kay.Mann@enron.com>
cc: "Evans, Greg" <GEvans@KSLAW.com>

Subject: Consequential Damages in Mississippi

Kay-attached is a summary of the enforceability of consequential damages
clauses under the laws of Mississippi.  Greg Evans prepared the summary and
can answer any questions in my absence.  Greg can be reached at
713-751-3279.  I'll be on the road until Monday, but can retrieve e-mails
and voice mails.

 <<2X0#01!_.doc>>

                    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.

 - 2X0#01!_.doc


I am in the process of ordering more business cards for Cheryl Nelson, but I
do not know what the correct company name should be.  Should it be EWS, or
Enron Americas, ENA or something else?  I had spoken with Holly, and she
instructed me to direct my question to you.  Please advise, at your earliest
convenience.  I appreciate your attention to this matter.  Hope you have a
lovely weekend.

Thanks,
Keegan
5-3317


Just hoping I guess.   B/c mom already told me I wasn't getting anything from
them, and I haven't picked out anything from the Grandmas, so even if I do
get something it just means I'm going to have to find some corner of the
closet to hide it in!!  How was that for a run on sentence!  I'm not sure I
believe we're going to have sleet here tomorrow.  It's still hot and muggy
outside now.

Talk to ya later,
Robin

Paul Rodrigue <paulrodrigue@yahoo.com> on 12/11/2000 10:25:07 AM
Please respond to paul_rodrigue@bigfoot.com
To: Robin.Rodrigue@enron.com
cc:
Subject: Re:

What makes you think I got you any presents?

--- Robin.Rodrigue@enron.com wrote:
>
> Before you go mail me your house keys and tell me
> where you've hidden my
> Christmas presents.  Sorry we won't get to see you
> for Christmas.  Hope you
> like Chicago.  Maybe you'll make it back by Easter.
>
> Ruston was good.  The game was awesome!!  It was so
> loud in there my ears
> were ringing when I left.  We lost but it was a much
> closer game than I
> expected.  My favorite part was when Pat Summitt was
> whining and the crowd
> starting chanting "Sit down, Pat!"
>
> Keith and Susan was crazy as usual.  I had a blast
> over there.
>
> Talk to ya later.  Good luck with your trip.
>
>
>
>
> Paul Rodrigue <paulrodrigue@yahoo.com> on 12/11/2000
> 09:33:18 AM
>
> Please respond to paul_rodrigue@bigfoot.com
>
> To:   Robin.Rodrigue@enron.com
> cc:
> Subject:
>
>
> So how is Ruston? Anything exciting going on?
>
> I'm heading to Chicogo this week. (St. Charles
> actually) I'm hoping that I will even make it. The
> weather is so bad up there that they are cancelling
> flights now. And what am I supposed to do once I'm
> there? Do you think that this poor little Texas boy
> has ice and snow clothes? What use would I have for
> a
> wool coat down here. I'm going to freeze my tushy
> off.
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Shopping - Thousands of Stores. Millions of
> Products.
> http://shopping.yahoo.com/
>
>
>
>
>
>

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


The TMS testers entered a defect stating POI 9168, TW Yates Atoka Pecos Diamond PL 8 Inch, was inactive.  Please let Karen or myself know whether this point should be inactivated in PLE and as of what date.

Thanks

Linda


PLEASE SEE ATTACHED MEMO FROM CINDY OLSON REGARDING MID YEAR PRC DATES, AND
THE MD PRC COMMITTEE LIST.  IF YOU HAVE ANY QUESTIONS, PLEASE GIVE CINDY A
CALL.

THANK YOU

BOBBIE


Charles Schwab & Co., Inc.

Midday Market View(TM) for Tuesday, May 22, 2001
as of 1:00PM EDT
Information provided by Standard & Poor's

================================================================

U.S. INDICES
(1:00p.m. EDT)

----------------------------------
Market            Value     Change

DJIA          11,301.20    - 36.70
Nasdaq Comp.   2,312.46     + 6.87
S&P 500        1,313.30     + 0.47
----------------------------------
NYSE Advancing Issues        1,420
NYSE Declining Issues        1,563
NYSE Trading Volume        704 mln
NASDAQ Advancing Issues      1,936
NASDAQ Declining Issues      1,734
NASDAQ Trading Volume     1.35 bln

==================================

U.S. TREASURIES
----------------------------------
Value            Yield      Change

1-year bill       3.71%        n/a
5-year note       4.96%     + 2/32
10-year note      5.39%     - 2/32
30-year bond      5.77%     - 9/32

The tables above look best when viewed in a fixed-width font,
such as "Courier."

================================================================

U.S. TRADING SUMMARY

Weakness in the Dow continued to weigh on the NASDAQ and S&P 500
at the middle of the trading day. Yet, the losses were small and
well contained throughout the morning as investors digested a
week of heady gains in the NASDAQ. With little economic data on
this week's calendar, and an upcoming three-day weekend, traders
were somewhat hesitant to commit more capital given the lack of
additional information about the state of the U.S. economy.
Industries bucking today's consolidative trend and moving higher
included financials, computer software and communications
equipment firms. Industries struggling along with the broader
market included a host of defensive sectors including drugs,
health care and oil.

----------------------------------------------------------------

U.S. TREASURY SUMMARY

Shorter-dated Treasury issues continued to outperform the
longer-dated issues into midday trading. With no economic data on
the calendar, investors are digesting previous data and
repositioning their holdings among different Treasury debt issues
as some inflationary concerns remain. These inflation concerns
have resulted in players selling the bond to buy shorter-dated
securities. Shorter-dated issues are also getting support from a
mild equity safety bid as all three equity indices have been
unable to extend Monday's gains. Traders were also listening to
comments from a variety of Federal Reserve speakers, whose words
had little net effect on Treasuries.

----------------------------------------------------------------

CURRENCY SUMMARY

A lack of market-moving data or events during North American
trading kept the U.S. dollar in a fairly subdued range this
morning. The dollar has managed to edge modestly higher versus
the yen to about the 122.8 yen level, pushing off morning lows of
about 122.5 yen. Meanwhile, the greenback has strengthened to
around 0.865 dollars per euro. The dollar lost ground against the
yen overnight following the release of data suggesting that the
Japanese economy was not as weak as many had feared. However,
weaker-than-anticipated European data boosted the dollar against
the euro during European trading hours.

----------------------------------------------------------------

MAJOR COMPANY / INDUSTRY NEWS
(All prices as of 1:05 p.m. EDT)

** The Securities and Exchange Commission began an investigation
into unusual transactions between Xerox (XRX: 10.60, - 0.75) and
Citigroup's (C: 52.60, + 1.04) Citibank unit that may have helped
boost ailing Xerox's profit and revenue statements, reports The
Wall Street Journal. The SEC has subpoenaed Citibank for its
records on Xerox's Brazil division regarding the transactions. A
former Xerox employee charges that Xerox improperly booked
erroneously inflated revenue of roughly $140 million and pretax
profits of $80 million. According to the article, Citibank does
not appear to have done anything wrong by arranging the
transactions for Xerox. Neither company would comment on the
matter.

** Office product retailing giant Staples Inc. (SPLS: 16.26, +
0.74) reported fiscal first-quarter profits that were in line
with expectations. Staples also stated that while its second
quarter will be weak, the company still believes that it is on
target to meet full-year estimates with stronger third- and
fourth-quarter results. Staples reported earning $40 million, or
$0.09 per share in the fiscal first quarter, which was just
slightly below the $44.2 million, or $0.10 per share earned in
the same quarter last year. Revenues increased 4% to $2.7
billion.

** Vivendi Universal (V: 68.80, + 0.43) is on the acquisition
trail again. After offering to purchase MP3.com (MPPP: 4.87, +
0.02) yesterday, Vivendi announced that it is in preliminary
talks to buy U.S. publisher Houghton Mifflin (HTN: 55.75, + 2.25)
for a minimum of $1.7 billion, reported The Wall Street Journal.
The merger would allow Vivendi, Europe's biggest media company,
to expand its publishing business to the United States and beyond
its scope of Europe.

----------------------------------------------------------------

RESEARCH SPOTLIGHTS

** Robertson Stephens upgraded shares of Neurocrine Biosciences
(NBIX: 36.03, - 2.00) to a strong buy rating.

** Union Securities upgraded shares of Aspen Technology Inc.
(AZPN: 26.27, - 1.92) from a buy to a strong buy rating.

** ABN Amro upgraded shares of E.Piphany (EPNY: 16.21, + 0.51)
from a hold to an add rating.

################################################################

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Copyright 2001 Standard & Poor's MMS Inc.  All rights reserved.
Standard & Poor's MMS services are for personal use only.
Commercial use or redistribution in any form, print or
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Distribution by Quris, Inc.


---------------------- Forwarded by Scott Neal/HOU/ECT on 09/12/2000 12:34 PM
---------------------------

	Enron North America Corp.

	From:  Steve Gillespie @ ENRON                           09/12/2000 10:04 AM

To: Scott Neal/HOU/ECT@ECT
cc:
Subject: RE: DPL Demand,

Scott,

Dayton Power answer to your high demand question in the morning meeting today.

sg
---------------------- Forwarded by Steve Gillespie/Corp/Enron on 09/12/2000
10:03 AM ---------------------------

"McIntosh, Darin" <dmcintosh@DAYTONPOWER.com> on 09/12/2000 08:56:18 AM
To: "'Steve.Gillespie@enron.com'" <Steve.Gillespie@enron.com>
cc:

Subject: RE: DPL Demand,

Steve,

Would you believe it's cold-weather driven????  They're forecasting average
temps up here of 58 on Thr, 54 on Fri, and 55 on Sat.  Jeanette and I both
believe that the demand forecasts are way too high.  Hopefully our gas
control will knock these forecasts down a little.

Darin

> -----Original Message-----
> From: Steve.Gillespie@enron.com [SMTP:Steve.Gillespie@enron.com]
> Sent: Tuesday, September 12, 2000 09:47
> To: dmcintosh@daytonpower.com
> Subject: DPL Demand,
>
> Darin,
>
> What's driving the high demand forecast into your system for the next five
> days?
>
> It doesn't look like terribly high temps in your area.....not weather
> driven is it?
>
> sg


See attached summary for some excellent FERC decisions thanks to regulatory
affairs in Houston and D.C.  Given that FERC appears to be applying some of
these decisions to all utilities in these regions, I would assume we could
argue that the FERC requirements should apply in the West too.
---------------------- Forwarded by Mary Hain/HOU/ECT on 11/10/2000 01:48 PM
---------------------------
To: Richard Shapiro/NA/Enron@Enron, Sarah Novosel/Corp/Enron@Enron, Joe
Hartsoe/Corp/Enron@Enron, Jeff Brown/NA/Enron@Enron, Bill Rust/HOU/ECT@ECT,
Ben Jacoby/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Mike J
Miller/HOU/ECT@ECT, John Moore/Corp/Enron@Enron, Debbie
Chance/Corp/Enron@Enron, Patrick Hanse/HOU/ECT@ECT, Fletcher J
Sturm/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, Edward D Baughman/HOU/ECT@ECT,
Tom Dutta/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT, Tom Hoatson/NA/Enron@Enron,
Janine Migden/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Marchris
Robinson/NA/Enron@Enron, John Moore/Corp/Enron@Enron, Bill
Moore/NA/Enron@Enron, Robin Kittel/NA/Enron@Enron, Jeffrey M
Keenan/HOU/ECT@ECT, Richard Ingersoll/HOU/ECT@ECT, Charles Yeung/HOU/ECT@ECT,
Shelley Corman/ET&S/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Lloyd
Will/HOU/ECT@ECT, Maria Valdes/Corp/Enron@Enron, James D
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Bob
Carter/HOU/ECT@ECT, Chris Gaffney/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT,
Sheila Tweed/HOU/ECT@ECT, Oscar Dalton/HOU/ECT@ECT, Dave
Mangskau/Corp/Enron@Enron, Kerry Stroup/DUB/EES@EES, Greg
Krause/Corp/Enron@Enron, Raimund Grube/Corp/Enron@ENRON, David L
Fairley/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT, Steve
Krimsky/Corp/Enron@Enron, Richard Lydecker/Corp/Enron@Enron, Mary
Hain/HOU/ECT@ECT, Fred Mitro/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT,
Richard Lydecker/Corp/Enron@Enron, Tom Chapman/HOU/ECT@ECT, Tom
Delaney/Corp/Enron@ENRON, Steve Walton/HOU/ECT@ECT, Kay
Mann/Corp/Enron@Enron, Rebecca Walker/NA/Enron@Enron, Reagan
Rorschach/NA/Enron@Enron, John Berger/HOU/EES@EES, Alan Larsen/PDX/ECT@ECT,
Rusty Stevens/Corp/Enron@ENRON, Dave Kellermeyer/HOU/ECT@ECT, Mathew
Gimble/HOU/ECT@ECT, Ron Tapscott/HOU/ECT@ECT, Michelle Zhang/HOU/ECT@ECT,
Susan M Landwehr/NA/Enron@Enron, Roy Boston/HOU/EES@EES, Aleck
Dadson/TOR/ECT@ECT, Joe Connor/NA/Enron@Enron, Ron McNamara/NA/Enron@Enron,
Robin Kittel/NA/Enron@Enron, Karen E Carter/NA/Enron@Enron, Chris
Booth/NA/Enron@Enron, Steve Montovano/NA/Enron@Enron, Barbara N
Gray/HOU/ECT@ECT, steve.wang@enron.com, ebaughm@enron.com,
terri.clynes@enron.com, oscar.dalton@enron.com, doug.sewell@enron.com,
kcompea@enron.com, mike.e.kelly@enron.com, gary.justice@enron.com,
patrick.hanse@enron.com, ozzie.pagan@enron.com, heather.kroll@enron.com,
david.fairley@enron.com, ray.hoppe@enron.com, george.mccormick@enron.com,
wjennin@enron.com, joseph.wagner@enron.com, elizabeth.johnston@enron.com,
bill.rust@enron.com, Kevin M Presto/HOU/ECT@ECT, John J
Lavorato/Corp/Enron@Enron, David W Delainey/HOU/ECT@ECT, Janet R
Dietrich/HOU/ECT@ECT, Mike J Miller/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT,
George Hopley/HOU/ECT@ect, Fletcher J Sturm/HOU/ECT@ECT, Robert
Benson/Corp/Enron@ENRON, Jeff King/Corp/Enron@Enron, Larry
Valderrama/HOU/ECT@ECT, Peter Makkai/NA/Enron@Enron, Larry
Jester/Corp/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Mike
Carson/Corp/Enron@Enron, Kyle Schultz/HOU/ECT@ECT, Eric
Saibi/Corp/Enron@ENRON, Grace Kim/NA/Enron@Enron, Laura
Podurgiel/HOU/ECT@ECT, Mitch Robinson/Corp/Enron@Enron, Kayne
Coulter/HOU/ECT@ECT
cc: James D Steffes/NA/Enron@Enron
Subject: FERC Staff Investigations on Midwest and Southeast Bulk Power Systems

On 11/1/00, FERC Staff issued reports on its Investigation of Bulk Power
Markets in the Eastern Interconnection.  These reports were the result of a
Commission order earlier this summer.  Enron's Federal regulatory staff
(Christi, Charles Yeung, and Sarah Novosel) provided a great deal of
information for this investigation and Joe Hartsoe and Donna Fulton discussed
many of the problems with the grid with the new head of Staff, Scott Miller
(who recently joined FERC from PG&E Gen).    While the Commission is under no
obligation to take any of Staff's recommendations, the Commission typically
looks to Staff for guidance on transmission and market issues.  Importantly,
Staff concludes that the Commission should consider these options for the
Southeast and Midwest -- all of which Enron has been asking FERC to implement
for several years:

Reduce the advantages of network service over point to point service by
requiring that native load be served under the same tariff as other
transmission services to eliminate the current incentives that VIUs have to
favor their native load through the calculation of ATC and handling of
interconnection requests.

While the Staff Hotline is used productively, the Commission can direct Staff
to conduct formal investigations into entities that have a pattern of
complaints.

The Commission could require TPs to submit tariff provisions containing a pro
forma interconnection process specific to interconnection, rather than simply
relying on the Tennessee Power order that utilizes the OATT timelines and
procedures.

Require TPs to retain real-time transmission data on market functions
pertaining to daily load, internal generation to meet that load, and imports
and exports.

RTOs should submit the basis and methods for calculating ATC and TTC, as well
as standardized criteria for curtailment.  In addition, since even such
standardized criteria might not "get to the root of the problem" -- that
control area still control generation -- the Commission could require that
each RTO set a date certain by which it will create one control area.
Regardless of the implementation of these two options, the Commission could
standardize ATC and TTC methodology.

Staff finds that while electricity is a commodity with market characteristics
similar to many other commodities, it is still viewed as "different," with a
reaction of price caps.  Staff encourages that basic decisions about the
regulatory model be made in order to complete the transition from a
traditional cost-of-service model to a model that uses markets to price the
commodity and services.

DETAILS  (Also, the reports contain good summaries of the generation,
transmission, state retail, federal reg. and other issues for the region):

Midwest:  The Midwest is dominated by vertically integrated Transmission
Providers ("TPs") that control transmission, generation and load.  "As such,
they have weak economic incentives to provide access to transmission service
to third-parties and strong incentives to favor their own services."  Staff
received numerous complaints; however, due to the lack of information
available from TPs, Staff cannot conclude whether these are isolated
incidents or wide-spread.  At the very least, the complaints indicate a lack
of confidence in the bulk power market and the ability of market participants
to rely on transmission access, thus harming the liquidity of the market.

TLRs are the most important transmission issue in the Midwest, with an
"enormous" increase in 2000.  The region showed a decline in peak load from
1999 to 2000 and a growth in new generation since the 1998 price spikes.
Even though there was an increase in generation and mild weather with
virtually no price spikes, TLRs climbed to record numbers.  The TLRs were
highly concentrated:  only 5 flowgates account for 41% of ECAR TLRs and
another 5 flowgates in MAIN account for 42% in that region.  Notably, even
though the NERC procedures for Level 3 TLRs mandate transaction curtailment,
78 of the 191 TLRs in the Midwest do not show any curtailment amount.  The
total amount of relief that these curtailments are intended to produce are
not posted.  Staff notes that TLR rules are established by NERC, whose
procedures are voluntary and not enforced by penalties.  While the Commission
has required certain NERC standards and procedures to be placed in Open
Access Transmission Tariffs ("OATT") where the Commission has the power to
enforce provisions under the Federal Power Act, in practice the Commission
has generally deferred to NERC on transmission reliability questions,
including the propriety of TLRs.

TLRs inhibit optimal functioning of the transmission system and market
because load is not served by the least cost supplier.  TLR procedure is an
inefficient instrument in mitigating constraints -- curtailment by fiat.  In
addition, the NERC IDC can result in inappropriate curtailments or increased
loading on the affected flowgate.  The impact could be mitigated by one
control area per RTO.

Staff notes that the Midwest state commissions did not petition FERC for
price caps following the 1998 price spikes.  Some market participants believe
that the absence of price spikes is the single reason that NUG construction
increased in the Midwest.

Market participants must keep track of, and follow, a plethora of information
in order to make energy deals, submit reservations and provide schedules for
service.  Staff received many complaints about barriers to transmission
access, including TLR curtailments and a lack of standardized information and
protocols, particularly for ATC and interconnection requests, and
discriminatory conduct.  Unbelievably, key data was unavailable to Staff,
such coincident peak load data, system-wide snap shots for days when TLRs
were called, and import/export data.  This lack of data creates a market
inefficiency, because neither market participants nor regulators can fully
analyze market conditions in real time.  As such, the market is risk adverse,
eschewing long-term deals for short-term transactions.  Staff also noted that
because the Security Coordinators often work for the IOU, there is a mixed
incentive to enforce reliability on the grid and maximize profit for the
IOU.  (Staff cites Richard Tabors' paper, "Transmission Markets, Stretching
the Rules for Fun and Profit.")

Staff cites the lack of information on OASIS or on the NERC web site,
particularly about real time TLRs and curtailments.  Examples were provided
to Staff of transmission refusals when there were no TLRs posted and improper
implementation of TLRs causing substantial financial loss.

The currently proposed Midwest RTOs may mitigate some problems; however, all
three retain existing control areas with the favortism for generation and
native load.  These incentives will continue to remain until the RTO
exercises complete autonomy over transmission control and security
coordinator functions.  Staff notes that the Midwest is a balkanized region
of 61 control areas with no uniform method for calculating ATC and CBM.  The
result is that ATCs can be different on 2 different sides of an interface.
Staff notes examples in inaccurate ATCs and states that Staff's own ATC audit
this summer was consistent with market participant complaints.  Staff is
weighing follow-up options.  The result of these problems is a lack of
liquidity.

Staff next noted the problems with unfiled "business practices," especially
on the next hour market.  Staff's audit of OASIS sites revealed several areas
of non-compliance.

Information transparency is necessary for a market to function efficiently,
with equal and timely access to data, including ATC, CBM, TRM, and load flow
input data.  TPs have incentives to resist efforts to make this information
transparent because of native load.  This incentive will still exist under
RTOs if utilities are allowed to calculate their own ATC.  ***  "As a
consequence, the Commission may wish to eliminate the native load exemption
and have all transactions under the same tariff."  ***  The Commission could
benefit by having access to existing transmission data and should require the
TPs to retain data, including current real-time network status.

Interconnection Issues:  IPPs need to be compensated for VAR support.  Also,
Staff cites a number of Hotline complaints about TPs seeking large deposits
or failing to complete System Impact Studies timely.  One solution is to have
the RTO handle this function to eliminate the disincentive the utilities have
against IPPs.  The current practice of requiring IPPs to deal with a wide
variety of procedures inhibits the free flow of transactions within the
region.

Network service has inherent advantages over point-to-point, citing the
Entergy source and sink order.  The Commission has relied on "passively"
receiving informal and formal complaints to determine if discriminatory
behavior has occurred rather than actively canvassing market participants.
While Staff cannot conclude that discriminatory practices are widespread,
there is evidence of discriminatory instances.

Southeast:  The traditional vertically integrated utility ("VIU") model has
largely persisted in the SE.  This continued control has vastly reduced the
economic incentives to facilitate IPP activities.  In many cases, the VIUs
have dampened IPP involvement without violating any Commission regulation due
to the inherent flexibility of the current rules.

Staff cites examples of delays in performing system impact studies,
transmission hoarding in the name of serving native load growth and
manipulation of ATC.  TPs have shown little inclination to improve the
transmission system and use many TLRs.

There is also a lack of market information that has stymied the development
of markets in the SE.  ATCs change constantly that leads to uncertainty and
there is no clearinghouse for electric power prices.

TVA, despite having taken steps to participate in reformed markets, has acted
as a bulwark against the development of competitive energy markets in the
SE.  This is significant because of TVA's size and location.  IPPs have
reported TVA's discouragement of siting in TVA through excessive time to
perform studies, excessive fees, and rejection of requests to perform
interconnection studies.

In addition, Staff cites the Florida Sup. Ct. decision against merchant
plants as significantly impeding the competitive market in Florida.

Staff discusses the significant flow of power from the Midwest to the SE this
summer.  Much of this resulted from the import of cheaper coal power, than
the use of gas fired peakers due to higher gas prices.  Peak prices were
radically lower this summer because utilities appear to have been better
prepared for peak events through the use of forward contracts, increased
generation capacity on line and reduced number of forced outages.

SE utilities reported that they have not used market-based rates to
extensively increase sales.  (Less used than in the midwest.)

The SE region lacks information, which has retarded the Staff's efforts to
discern the truth about the numerous complaints about transmission in the SE
(including ATC and TLRs).  Market participants seem to have less confidence
in the SE market than in any other market region.  This appears to be
justified based on Staff's investigations.  This lack of confidence
discourages investment and participation in the markets.  Staff concludes
that the Commission may need to be more prescriptive in terms of how
transmission is allocated in the SE RTOs, since there are market concerns
that the incumbents will continue to dominate operations.  The investigation
found numerous problems in bad ATCs and TTCs and poor OASIS postings.  In
addition, several OASIS audit logs actually erased historical data.  Staff
thinks that additional affiliate transaction information should be posted.
Staff could not obtain summer demand data and the Commission's lack of
jurisdiction over TVA made it difficult to obtain transmission access
information.

The Staff investigation revealed unclear interconnection procedures and lack
of adherence to schedules and arbitrary cost estimates and deposits.  In
addition, the TPs have reserved a huge amount of network transmission
capacity, much of it reserved shortly after the IPP approached the TP to
interconnect.  Staff cites the recent Skygen order in which Southern denied
Skygen's request for transmission stating that the only option was the
construction of an 80 mile 500 kv line that would take 8 years to complete.
Staff solutions include allowing network requests by IPPs and limiting
self-build capacity in the incumbent's territory.

ATC variations are a big problem in the SE.  SERC coordination of a
standardized ATC is a long process and may not be resolved soon without
direction from the Commission.  An improved method and improved communication
are needed.

The SE experienced a 354% increase in TLRs this summer.  This increase raises
the issue of whether curtailment has become an impediment to the competitive
operation of the market in the SE.  Staff cites information provided by
Charles Y. that an Ameren TLR was not implemented according to NERC
criteria.  Staff also wonders if transmission is being oversold since TPs do
not generally refund transmission revenues when TLRs are implemented.  RTOs
must have a broad geographic area to internalize much of the constraints.  In
addition, RTOs will adopt pricing mechanisms that obviate recourse to TLRs.
However, if control areas are retained, VIUs will retain mixed incentives.

*** As noted in the Midwest report, the manner in which load is calculated
weighs heavily on the value of this information.  This is an issue that the
formation of RTOs may not resolve.  Eliminating native load exceptions -- ie,
treating all load equally -- and placing all transactions under the same
tariff may be an option that provides the right incentives for the provision
of transparent and standardized information.

Finally, Staff describes specific problems with TVA and FP&L, TVA is a
"problem area" for the Eastern Interconnect grid.  TVA is a transmission
bottleneck due to the many TLRs called this summer.  The current federal law
and lack of Commission jurisdiction are impediments to the development of
deep and robust power markets in this area.  TVA simply has no strong
incentive to provide effective and efficient transmission service.  In
addition, the Commission does not have full information on TVA.  Staff lists
a number of complaints against TVA, including unjustifiably increasing the
tag deadline and allowing TVA Marketing, but not others, to sink and park
power.  Staff concludes that recent proposals by TVA to enhance the
development of markets and its system do not appear to have great potential.

A Staff audit of FP&L revealed violations of standards of conduct, including
confidential information on FP&L's transmission system (including interchange
information for other entities) posted on EMS systems that were available to
FPL's merchant function.  Staff's report found that FP&L does not have an
established procedure for review of EMS to ensure that information is not
displayed in error.  It is "up to individual Managers discretion."  ((FRCC
web site report dated 9/8/00)).  Violations such as these undermine
competition.

The reports are attached below.

 - southeast.pdf
 - midwest.pdf


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/28/2001 07:54
AM ---------------------------

Ernie@ECT
02/28/2001 07:05 AM
Sent by: Ernie@ECT
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Development Center Class Reminder  - Harassment Avoidance

You are scheduled to attend:

Harassment Avoidance
Class Days and Times:
  3/5/2001  04:30:00 PM - 06:00:00 PM
Room # & Location: DoubleTree-La Salle B,  Houston
Participant Fee: $ 50
Note:

If you are unable to attend this class, the registration must be canceled by
5:00 p.m. on  March 5, 2001 to prevent a charge of $ 50 to your RC number.

 We look forward to seeing you at 04:30:00 PM on March 5, 2001.  Please call
the Development Center Team at 713-853-0357 if you have any questions.

 Thank you.


Scott, Any response on the issue of earlier nom's on Transco?  I don't want
to go into the market cover this position if ENA can cover us with early
morning noms.
Let me know.

Jess


New rules propose to:
1. Expand the list of who is a marketing affiliate
2. Require pipeline to keep detailed records of communications with affiliates

 -----Original Message-----
From: 	Thames, Davis
Sent:	Tuesday, March 19, 2002 1:22 PM
To:	Corman, Shelley
Subject:	RE: affiliate rule

Great, thanks - that gets to the heart of it.  I suppose that with respect to planning, separateness would apply.  Out of curiosity, are the changes going to be more restrictive or less?

 -----Original Message-----
From: 	Corman, Shelley
Sent:	Tuesday, March 19, 2002 1:20 PM
To:	Thames, Davis
Subject:	RE: affiliate rule

The FERC is presently deliberating on more restrictive rules, but I'll answer in the context of the current rules.

There are three main principles behind the current rules:
1. Pipeline can't share shipper information with affiliate
2. Pipeline can't share transportation info with affiliate -- unless pipeline is willing to publicly post info, and
3. Pipeline and affiliates must operate as separately as reasonably possible.

There is no prohibition on the pipeline having affiliate information, but the real root of your question is whether the entities are operating separately.  For example, pipeline gets forward price curve info from affiliate -- we'd argue that this is just info that helps pipeline do its job better.  But, compare with scenario where pipeline has a detailed list of all affiliates sales obligations - price, terms, etc. -- the argument can be made that the entities are not operating separately and the only reason that the pipe has this info is to favor affiliate business.  There was a real case to this effect.  The pipeline & affiliate attended a joint strategy meeting each morning.  The pipeline claimed that it only listened during the meeting.  FERC found that the pipeline and affiliate were not operating separately and fined the pipeline.

So, I'd say that the rules are asymmetric for the case where the pipeline wants access to research/training/historical type info, but probably symmetric when it comes to matters of day to day contracts of transactions.

 -----Original Message-----
From: 	Thames, Davis
Sent:	Tuesday, March 19, 2002 12:29 PM
To:	Corman, Shelley
Subject:	affiliate rule

Shelley, dumb question, but I'm thinking in terms of general synergies for reorgco.  I am familiar with restrictions that prohibit operating info and preferential treatment to marketing affiliates of pipeline co's, but do the regulated pipeline co's have unrestricted access to the info from marketing affiliates?  My guess would be that the rule is asymmetric, but Enron always seemed to treat it as a two-way street.
Thx-
Davis


Attached is Steve Kean's presentation.

Are you available for lunch with Steve on Monday, January 8th?  Please give
me a call at 3-1808 and we can get you on Steve's calendar.

     Maureen McVicker
     Steve's Assistant


CALENDAR ENTRY:	APPOINTMENT

Description:
	Mike Bryant

Date:		9/1/2000
Time:		9:00 AM - 9:30 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Please do not reply to this e-mail.

You are receiving this message because you have an unresolved invoice in your iBuyit Payables in-box that is
due in 10 days.  Please login to iBuyit Payables and resolve this invoice as soon as possible.

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First time iBuyit Payables user?  For training materials, click on the link below:
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Need help?
Please contact the ISC Call Center at (713) 345-4727.


You are enrolled in the following class:

Electric Business Understanding

Class Days and Times:
  11/16/99  08:00:00 AM - 05:00:00 PM
EB552,  Houston
No Show/Participant Fee: $500.00
Note: If available, please bring a financial calculator with you.

Please review any prerequisite material to validate your eligibility in this
class.

 We look forward to seeing you at 08:00:00 AM on 11/16/99.  If you have any
questions, please call the ECT Development Center Team at 853-0357.

Thank you.


what is grandma's email address?


Hello Paul,

Orbitz would like to assist with the preparation for your journey
to San Antonio on December 21.

Important information for your day of travel

* You have e-tickets for this trip.  Important: You will need
a printed copy of your e-ticket itinerary and a government-issued
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printing this email for this purpose.  If you are not checking
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* Your Orbitz record locator is OM7JOI.

* The confirmed traveler(s) for this trip are:
PAUL LUCCI, ticket number 0051505151355

* If you are checking baggage, please make sure that every bag
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and luggage check in.

Friday, December 21
* Arrive at Denver International (DEN) two hours before your
scheduled departure time for domestic flights, or three hours
before your scheduled departure time for international flights.
* If you have no luggage to check in, proceed directly to the
gate.
* At 4:35 PM MST your flight, Continental Airlines (CO) 1098,
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Your approximate travel time is 2 hours and 17 minutes.  A Dinner
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* You are scheduled to arrive at Houston George Bush International
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* At 8:29 PM CST your flight, Continental Airlines  (CO) 1687,
will depart for International (SAT).

Your approximate travel time is 56 minutes.  It is unknown whether
a meal will be served during your flight.

* You are scheduled to arrive at International (SAT) at 9:25
PM CST.  Follow the signs for luggage and transportation.

Enjoy your time in San Antonio!

Wednesday, December 26
* Arrive at International (SAT) two hours before your scheduled
departure time for domestic flights, or three hours before your
scheduled departure time for international flights.
* If you have no luggage to check in, proceed directly to the
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* At 6:56 PM CST your flight, Continental Airlines (CO) 778,
will depart for Houston George Bush International (IAH).

Your approximate travel time is 55 minutes.  It is unknown whether
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* You are scheduled to arrive at Houston George Bush International
(IAH) at 7:51 PM CST.  Please check the monitors in the terminal
for the gate of your connecting flight and for possible changes
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* At 8:33 PM CST your flight, Continental Airlines  (CO) 722,
will depart for Denver International (DEN).

Your approximate travel time is 2 hours and 24 minutes.  It is
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* You are scheduled to arrive at Denver International (DEN) at
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* If you need assistance during your trip, please contact an
Orbitz Customer Service Representative at 1-888-656-4546.

* As you have signed up for Travel Alerts, we will keep you informed
of changes to your flight schedule.  You can also check the latest
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Orbitz Cares


The report named: NG - Price P/L <http://trv.dev.corp.enron.com/linkFromExcel.asp?report_cd=10&report_name=NG+-+Price+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=05/24/2001>, published as of 05/24/2001 is now available for viewing on the website.


Stinson,

It should be in the attached message.

Vince

Stinson Gibner
10/30/2000 04:29 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Forward oil prices

I can find someone or else do it myself.    Can you specify the historical
period and also how far out the curve we are providing?

Is it just WTI?

--Stinson


FYI
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 02/24/2000
08:46 AM ---------------------------

Andrea Calo@ENRON_DEVELOPMENT
02/24/2000 06:58 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Metrogas

I spoke with Bernardo Andrews about this and he has decided to wait until
Friday for Metrogas to give us their financials. I'll have them sent to
Houston as soon as I receive them and let you know.

Thanks for your help.

Andrea

Sara Shackleton@ECT
02/23/2000 12:39 PM
To: Andrea Calo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Metrogas

Credit has not received financials.  Can you help out here to get the ball
rolling?  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 02/23/2000
09:36 AM ---------------------------

	From:  Rod Nelson                           02/22/2000 12:15 PM

To: Bernardo Andrews/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Sara Shackleton/HOU/ECT@ECT
Subject: Metrogas

I still need financials for this company to evaluate and set credit terms for
the master swap.  Let me know if you perhaps have a contact for me.

Rod


John,

Since Heartland Steel was sold in July, 2001, are you still involved in this deal?

Thanks

Patrice


Kevin,

Ed is running a consulting firm in Boston that often tries to act as a boutique merchant bank.
He inquired if Enron could provide transmission hedges for the Neptune project.

Any interest. Please, feel free to contact Ed directly and let me know.

Vince

 -----Original Message-----
From: 	"Ed Krapels" <ekrapels@esaibos.com>@ENRON [mailto:IMCEANOTES-+22Ed+20Krapels+22+20+3Cekrapels+40esaibos+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, August 07, 2001 5:28 AM
To:	Vincent Kaminski \(E-mail\)
Subject:	Neptune

Dear Vince,

As you may know, FERC approved the Neptune transmission proposal on July 26
and the organizers (me among them) are now preparing to hold on open season
starting September 10 to sell 80 percent of the capacity on a firm basis. A
diagram of the system legs is on www.NeptuneRTS.com.

Some of the bidders in that open season will be gencos with little or no
experience in trading, some will be load-serving entities, some will be
power marketers.

There is likely to be interest in a Neptune hedge, and I wondered how we
could engage Enron in an exploration of its willingness to provide such
hedges. Essentially, bidders will be going long the various spreads (Nova
Scotia - New York, New Brunswick - Boston, PSE&G - Zone J, etc etc) and we
would like to encourage someone like Enron (I know there is no one quite
like Enron but you know what I mean) to be willing to offer transmission
hedges.

It may also interest you that FERC gave Neptune approval to hold 20 percent
of the capacity for sale in the short-term markets. We (the development
group) see that as a desirable exposure to these spreads for Neptune's
equity investors and are in the equity markets now securing a second tranche
of development capital, and will return in early 2002 for a sizeable amount
of permanent equity assuming the bids received in September - October yield
sufficient interest to finance the majority of the project in the debt
market.

That's the plan, the primary virtue of which is that the authorities have
allowed us to put it to a market test this fall. Let me know if you'd like
to pursue this. I will make similar initiatives to several other entities
later this week.

Ed

Edward N. Krapels, PhD
Director, Gas and Power Services
ESAI
www.esai.com
tel 781 245 2036

 - Notice.pdf


Well if that's your position we're clear.  I had already contacted Columbia
Energy and APPA and they were both interested so I'll continue to contact a
couple others.  I think those two offered a total of $5000.  I may get a few
thousand more, but that may all add up to half.  It depends on how long an
event
and how many speakers we get.

The Dean is still on vacation but hopefully the school will contact you soon.
Rob

> -----Original Message-----
> From: jdasovic@enron.com [SMTP:jdasovic@enron.com]
> Sent: Wednesday, August 16, 2000 4:38 PM
> To: gramlr@pjm.com
> Subject: Re: APPA
>
>
> When's a good time to discuss?  I'd like to get as diverse a group of
> co-sponsors as possible, and as many as possible.
>
>
>
>
> gramlr@pjm.com on 08/16/2000 07:00:30 AM
>
> To:   jeff.dasovich@enron.com
> cc:
> Subject:  APPA
>
>
> Jeff,
> A GSPP alum at APPA is interesting in co-sponsoring the GSPP forum.  Any
> objection?  I won't contact others until we discuss Enron's position on
> co-sponsorship.
> Rob
>
> Rob Gramlich
> PJM Market Monitoring Unit
> (610) 666-4291
> gramlr@pjm.com
>
>
>
>


We have received an executed First Amendment to Master Agreement effective as
of November 9, 2000, which amends the collateral threshold for both ENA and
Houston Exploration Company.  Copies will be distributed.

Stephanie Panus


Thank you Sara. I am awaiting response from both counterparties.

	Sara Shackleton@ECT
	02/15/2001 12:37 AM

		 To: Darren Delage/AP/Enron@Enron
		 cc: Sheila Glover/HOU/ECT@ECT
		 Subject: Goldman Sachs/UBS Warburg

Darren:

(1)  Goldman Sachs
ENA  executed the Client Access Agreement with Goldman, Sachs & Co.  on June
15, 2000.  Since you are trading in the name of ENA, you should not need to
execute an additional agreement.  I confirmed this with Ted Leh this
morning.  At Ted's suggestion, please forward to me the fax number and email
address of the Goldman person requesting that you execute further
documentation.  I can fax to him a copy of the agreement and correspond by
email.  I will also copy Ted Leh and Vivian Siao (keeps track of agreements
and authorized traders) so that everyone is up to date.

(2)  UBS Warburg
I spoke with Sheryl Gallant.  ENA and other Enron affiliates are already
trading on the UBS electronic websites for OTC transactions.  Interestingly
enough, UBS does not require an electronic trading agreement to be signed by
a customer for online trading.  In other words, ENA has an executed ISDA with
UBS dated May 31, 1993, you are an authorized trader for ENA and UBS is happy
to let you access their platform. Sheryl does not know why Jun Ishi requested
execution of a "Client User List" (i.e., an authorized trader list) and said
to forget it.  If you would like for me to speak to Jun Ishi or correspond
with him (please send his email address), just let me know.

Please let me hear from you if you would like for me to pursue further.  As a
representative of ENA, you will probably have most agreements already in
place.

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


Mary Hain has resigned her position with Enron.  Please remove her from all
your mail lists.

Thank you.

Lysa Akin
Gov't Affairs - Sr. Admin. Ass't.

	Enron Capital & Trade Resources Corp.

	From:  Thomas DeBoer <tdeboer@painehamblen.com>
03/21/2001 10:56 AM

Please respond to tdeboer@painehamblen.com
To: abuckley@wutc.wa.gov, alan@epud.org, ali.rodol@ci.seattle.wa.us,
archive-power-ratecase@bpa.gov, aw_turner@pgn.com, BASSL@sce.com,
bessex@cowlitzpud.org, bferranti@mbllp.com, bpadiscovery@merkellaw.com,
ccopatrny@e-z.net, crow@millernash.com, cub@teleport.com, cwagers@dcpud.org,
dan.meek@usa.net, darcy@tonkon.com, darkills@popud.com, dbkinnard@pplmt.com,
dfaulk@puget.com, discoveryparalegal@bpa.gov, dldorrell@stoel.com,
dmacgregor@morganlewis.com, doney@doneylaw.com, doug_brawley@pngc.com,
dparrish@prmllp.com, dws@keywaycorp.com, eauverde@hotmail.com,
eboyd@ppcpdx.org, efinklea@energyadvocates.com, elisaCKF@aol.com,
EnerGlaw@aol.com, Eric.Larson@oremetwahchang.com, erick_johnson@pngc.com,
ghuhta@cowlitzpud.org, huse@eesconsulting.com, ias@dvclaw.com,
jack.speer@alcoa.com, jacksonc@ida.net, janet.prewitt@state.or.us,
jdeason@chbh.com, jeffn@subutil.com, jhartso@enron.com, JLH@mc-power.com,
johk@critfc.org, john.yanov@eweb.eugene.or.us, johncameron@dwt.com,
jolynnr@mresearch.com, jpw@duncanallen.com, jrb_ora@televar.com,
jsaven@pacifier.com, jschlect@avistacorp.com, kevin.clark@ci.seattle.wa.us,
kknitte@gcpud.org, kmoxness@cencoast.com, kpom@mail.pacifier.com,
kyle@ppcpdx.org, lawyer@teleport.com, Lhamilton@avistaenergy.com,
lpeters@pacifier.com, lwolv@worldaccessnet.com, lyn_williams@pgn.com,
marc.hellman@state.or.us, marss@perkinscoie.com, matts1@atg.wa.gov,
mershanlaw@aol.com, mhain@ect.enron.com, michaelearly@earthlink.net,
mike.macdougall@powerex.com, mmetzler@ci.tacoma.wa.us,
mschaff@worldnet.att.net, mthomas@mtpower.com, Paul@KinergyLLC.com,
pete.forsyth@kaiseral.com, pete@ashland.or.us, peter@richardsonandoleary.com,
pfox@bracepatt.com, pljacklin@stoel.com, pmurphy@mbllp.com,
pnichols@idahopower.com, pobenchain@idahopower.com, pspi@dynegy.com,
pvickery@tpud.org, rachel@rnp.org, ratecase@pngc.com, rates@ppcpdx.org,
rbstrong@painehamblen.com, rdb@keywaycorp.com, rfoiani@gcpud.org,
rkindley@schwabe.com, rle@givenspursley.com, rpierce@avistaenergy.com,
scott.brattebo@pacificorp.com, seligman@teleport.com, simonf@atg.wa.gov,
sjohnsto@wutc.wa.gov, skaravit@ci.tacoma.wa.us, stephens@eslerstephens.com,
steve@nwenergy.org, tdeboer@painehamblen.com, terrym@millcreeklaw.com,
tgrim@chbh.com, townsend@chbh.com, tracigrundon@dwt.com,
tstevenson@ci.burbank.ca.us, weavertr@yakima-wa.com, wmgt3@montana.com
cc:
Subject: WP-02 Data Response

request_number:  DS-AC:003
firstname:  Thomas
lastname:  DeBoer
e-mail:  tdeboer@painehamblen.com
exhibit_wp-02-e-:  JCG-01 and JCG-02
page_numbers:
request_text:  Amended Request No.: DS-AC:003

Request: Witnesses: Pamela Lesh, Robert E. Orton, Marilyn G. Showalter and W.
Scott Brattebo, David W. Hoff, Kevin P. O'Meara, Lon L. Peters, Geoffrey H.
Carr, and Marc H. Hellman, respectively
  Exhibit: WP-02-E-JCG-01 and WP-02-JCG-02

 Please disclose and/or produce any and all communications from October 16,
2001 to the present, between any of the party representative of BPA
concerning rates to be in effect for BPA's Fiscal Years 2002-2006, the
interactions of such rates and customer contracts, or procedural aspects of
these rate proceedings.

 Terry Mundorf (WPAG)
 Lon Peters (PGP)
 Linc Wolverton (ICNU)
 Scott Brattebo (PacifiCorp)
 Kevin Clark (Seattle City Light)
 David Hoff (PSE)
 Geoff Carr (Northwest Requirements Utilities)
 Dennis Parrish (Market Access Coalition Group)
 Pam Jacklin (PacifiCorp)
 Peter Richardson (PPC)
 Kyle Sciuchetti (PPC)
 Ray Kindley (PGP)
 Jay Waldron (PGP)
 Doug Brawley (PNGC)
 Eric Johnson (PNGC)
 Darcy Norville (PGE)
 Lynn Williams (PGE)
 Steve Weiss (Northwest Energy Coalition)
 Mark Hellman (OPUC)

 For purposes of this Request, "disclose and/or produce" has the meanings
described below.  With respect to oral communications, "disclose and/or
produce" means to describe the time, date, approximate duration, and
substantive content of the communication; the identity and organizational
affiliation of the communicating individuals; whether the communication
occurred in person or by telephone; the location of the communication if in
person; the identity of any witnesses to the communications, including all
individuals in the room if the communication occurred by speakerphone; and
whether the communication was made in the presence of or after coordination
with BPA counsel(if so, identify such counsel).  For purposes of this
Request, you need not "disclose and/or produce" oral communications that
occurred during meetings noticed in compliance with Rate Case Rule 1010.7(d).

 With respect to written communications, the Request includes communications
in any recorded form, whether on paper, electronic (including, without
limitation, e-mails), or whatever form.  For such communications, "disclose
and/or produce" means to provide copies of all non-identical versions of any
written communications and to describe with particularity the circumstances
under  which they were generated or referred to; and to fully "disclose
and/or produce" any oral communications made in connection with the written
communications consistent with the preceding paragraph. For purposes of this
Request, you need not produce papers served on all parties to the rate case
and made part of the official file in the rate case.

response_text:  Avista Corporation (Avista) objects to this Data Request on
the grounds that it:  (i) seeks information that is not relevant; and (ii)
seeks information that is unduly burdensome to produce.  (Rules of Procedure
Governing Rate Hearings, Section 1010.8(b)). Avista further objects to this
Data Request on the grounds that it is in improper form as it does not cite
to specific testimony or indicate the specific use to which the information
sought will be put. (Special Rules of Practice, WP-02-01).  Without waiving
the foregoing objections, Avista responds as follows:

 I am aware of no communications responsive to this Data Request other than
those disclosed in response to DS-AC:001.

The following information is from the web server:
1.  Logon: IUSR_GRANITE
2.  Remote Host:  border.paine-hamblen.com
3.  Remote IP Address:  207.53.155.98
4.  Form URL:
https://secure.bpa.gov/power/secure/psp/ratecase/discovery/wp_02_response.html
5.  Browser Client:  Mozilla/4.7 [en] (Win95; I)


-----Original Message-----
From: Dr. Venessa Holland [mailto:vah@flash.net]
Sent: Wednesday, October 31, 2001 10:37 PM
To: Cooney, Carolyn; Robertson, Linda; Donnie Willman
Cc: Barrow, Cynthia; Brindle, John; Maryann Roman de Meza
Subject: Enron Washington D.C. office

The CDC has provided new updated guidelines for facilities receiving mail from the Brentwood facility since October 11th. Individuals in private facilities receiving incoming mail from the Brentwood facility are recommended to receive a 10 day course for prophylaxis with doxycycline.  This should include all permanent employees in the Enron Washington office and other visiting Enron employees to the Washington office who have had possible contact with mail coming from the Brentwood facility.  The final recommendations regarding the completion of the full 60 day prophylaxis wil be based on  further information from the CDC.

The CDC has recommended doxycycline for use for prophylaxis.  Presently, there is no indication that the Anthrax is resistant to any antibiotics.  Doxycycline is just as effective as Ciprofloxacin for prophylaxis.  Doxycycline is a tetracycline drug and should not be used in anyone who is allergic to tetracycline.  Use of tetracycline in children has adverse effects and the risk should outweigh the benefit.  Women who are pregnant should check with their Ob-Gyn physician prior to taking tetracycline.

All ENRON EMPLOYEES are encouraged to take the flu shot this year.  SInce it is difficult to distinguish the symptoms of Anthrax from the flu, the CDC has recommended that everyone have a flu shot.   All Enron employees from the Washington D.C. office and those who have visited the Washington D.C. office since 9/11 should see their personal physician, if they develop any symptoms such as mild fever, muscle aches, malaise, shortness of breath and headaches.  These can be symptoms of the flu.  However, they also can be symptoms of Inhalation anthrax.  If any such symptoms should occur, the employees should see their personal physician right away.   The employees should inform the physician where they work and what their exposure could possibly be from mail coming from the Brentwood Station.

Dr. Venessa Holland


Yes - I've added it.

Kerri Thompson@ENRON
03/08/2001 12:28 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: fee

538871 should there be a fee on this trade?

thanks!


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.


Please print the attachment below for me in color.  Thanks.
---------------------- Forwarded by Sally Beck/HOU/ECT on 08/21/2000 09:08 AM
---------------------------

Richard Sage
08/21/2000 03:40 AM
To: Sally Beck/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT
cc: Fernley Dyson/LON/ECT@ECT, Mike Jordan/LON/ECT@ECT, Shona
Wilson/NA/Enron@Enron, Ted Murphy/HOU/ECT@ECT, David Port/Market
Risk/Corp/Enron@ENRON, Naomi Connell/LON/ECT@ECT
Subject: Trading v Origination Offices

Sally, Brent,
There are three MG offices in North America outside New York which, previous
to the acquisition by Enron, acted much as trading offices.
Shona and Naomi have worked with the people in New York to put in place extra
controls so that they are not trading offices, for example having a trader in
New York or London own each book and sign off on profit daily.
This process has highlighted the fact that our non-trading offices are not
all the same, and cannot reasonably all be the same.
Some offices organise logistics things to happen on the ground, some
originate, and some execute for Trading Offices.

is a suggestion for how we can make this division explicit.
All the cc above are bought in to this approach.
What do you require to be comfortable so that we can put it up to Causey and
Buy?

It is worth noting that this approach would have caught Helsinki, except for
the Contract-in-a-bottom-drawer, but no system of control can reliably catch
that, as was evidenced by EOTT.

Thanks,
Richard


We are continuing work to ensure our new online trading system, UBSWenergy, is ready for launch on the week of Feb. 11, which is the week following the anticipated Enron/UBS Closing Date of Friday, Feb. 8.

To assist in this process, we are planning an online trading simulation for Thursday, February 7 from  0900 to 1100 (CST). It is planned to include all  traders, originators, mid/back-office staff and IT teams who would normally be involved with electronic trading.

Purpose of the simulation - The simulation will test our "live" trading environment (restricted to internal access only) and will:

Test the integrity and functionality of the system and related processes (including credit, risk, legal, operations, etc.)
Provide an opportunity for traders to verify their products and product setup
Demonstrate how the trading system and processes work to UBS staff visiting next week

Nature of the simulation - The simulation will include testing of all processes related to trading and mid/back-office functions:

Credit, Legal, Risk, Operations, and other groups:
Profile tests for "external" customers (role-played by Originators)
Profile tests for internal users (traders, back-office, etc.)
Data and Process checking as completed transactions flow through Mid/back-Office systems

Traders and Originators:
Traders will be managing their individual books and associated products. Although we may be restricted to certain financial products on launch day, both physical and financial will be available during the simulation. Each trader will be asked to manage their individual position and profitability goals for the simulation.
Originators and others will be asked to play the roles of counterparties. Credit limits, etc. will be tested during the simulation.

Information Technology:
Will assist in preparing data on the system for the simulation.
After the simulation is over, will work with the relevant groups to test the trade-data in various systems and risk books
Will ensure all simulation data is removed from the system after the simulation is complete.

Next steps

Traders and Originators will be contacted prior to simulation day to ensure they have appropriate access to the system.
Originators will be assigned specific roles. You should expect to receive an email and/or handout on or before Wednesday, Feb. 6.
UBSWenergy personnel will be meeting with back office personnel over the next several days to ensure everything is in place for the simulation.

Summary

This simulation is an important step towards re-launching our trading business. We appreciate the participation of everyone involved as we prepare for the public launch of UBS Warburg Energy and the UBSWenergy trading platform.

If you have any questions, comments, suggestions, or ideas regarding this simulation, please feel free to contact Bob Shults (30397) or myself (31861).

Regards,
Dave Forster
713.853.1861
E-Mail:	David.Forster@enron.com


Attached is a revision to the list I just sent you, revised to reflect that
the last two Australian counterparties can only trade the Australian products
Credit listed.


come on shooter


-----Original Message-----


fyi

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thxs Ricardo

regards
Delainey