Enron to Scale Back European Operations, But Says It Won't Cut U.S. Payrolls
Dow Jones Business News, 10/04/01
Enron Seeks To Cut Staff In Europe By 5%-10%
Dow Jones Energy Service, 10/04/01
Acquisition Speeds Select Energy's Northeast Growth-Exec
Dow Jones Energy Service, 10/04/01
Pacific NW Lawmakers Gear Up To Oppose FERC RTO Mandate
Dow Jones Energy Service, 10/04/01
USA: NewPower signs up 50,000 new electric users in Texas.
Reuters English News Service, 10/04/01
States protest federal involvement in electricity competition, deregulation
Associated Press Newswires, 10/04/01

Enron to Scale Back European Operations, But Says It Won't Cut U.S. Payrolls

10/04/2001
Dow Jones Business News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

Christina Cheddar
Dow Jones Newswires
NEW YORK -- Although Enron Corp. plans to scale back its European operations, the Houston energy-trading company isn't looking to pare U.S. payrolls.
"There's nothing out of (the) ordinary planned for the rest of the business," said company spokeswoman Karen Denne. "We are continuing to hire in the businesses most rapidly growing."
Those growing businesses include Enron Wholesale Services, she said.
Earlier Thursday, Dow Jones Newswires reported the company would cut between 5% to 10% of its European staff, or as many as 500 workers.
This past summer, the energy company announced staff reductions at its Enron Broadband Services division. The number of employees affected by this decision wasn't immediately available, Ms. Denne said.
Before Thursday's announcement, the company's shares were trading lower on the New York Stock Exchange. But in afternoon trading today, shares of Enron (ENE) were up $1.11, or 3.3% to $34.60. With these latest gains, the stock is now up about 40% from the three-year low of $24.46 set a week ago.
For several months, Enron shares have been under pressure as investors struggled to assess the impact of a number of negative developments, including declining energy prices, the recent and sudden departure of its chief executive, disappointing performance of its broadband unit and difficulties at its Indian power plant project.
The stock has made steady progress this week as investors shopped for bargains or were encouraged by progress Enron made in its plan to divest itself of some overseas assets.
On Wednesday, Enron announced the sale of some Indian oil and gas assets to BG Group PLC (BRG), a United Kingdom oil and gas company.
J.P. Morgan analyst Anatol Feygin said the stock also received further support by the reaffirmation of earnings forecasts at rivals Dynegy Inc. (DYN) and Aquila Inc. (ILA) in recent days.
- Write to Christina Cheddar at christina.cheddar@dowjones.com
Copyright (c) 2001 Dow Jones & Company, Inc.
All Rights Reserved

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

Enron Seeks To Cut Staff In Europe By 5%-10%

10/04/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

LONDON -(Dow Jones)- Enron Corp. (ENE) is looking to cut its workforce in Europe by up to 10%, or around 500 jobs, Enron Europe Chief Executive John Sherriff said Thursday.
"We have around 5,000 employees in Europe and we are seeking to cut our headcount here by between 5% and 10%, but we will aim as far as possible to achieve this through a program of voluntary severance," Sherriff replied in a written response to questions by Dow Jones Newswires.
The cuts are the first significant retrenchment by Enron since it arrived in Europe in 1989. Enron has been the most aggressive U.S. energy company to expand into Europe's deregulating markets, but its core energy trading businesses have been held back by the slow and piecemeal progress toward market liberalization in the E.U.
The company declined to be more specific about how far it will scale back individual product lines or coverage of certain geographical businesses.

Enron's product range in Europe has mushroomed over the past year, continually giving rise to market talk, notably among its competitors, of overstretching itself prematurely in underdeveloped markets.
"Enron's business continues to grow in Europe in terms of traded volumes and numbers of transactions, but like any company we are constantly seeking ways to do more with less in order to maintain earnings growth," Sherriff said.
"It is prudent for us to keep both a close eye on our costs and to continually review the skills and resources that are available to use, to ensure that they are deployed in a way to maximize earnings," he added.
While trading volumes have exploded in core markets such as U.K. power trading since wholesale market reforms were introduced in March, liquidity in other products such as bandwidth, monomers and credit risk, is understood to have developed more slowly and restricted the volume growth needed to justify Enron's pure trading strategy.
Enron has been among the most prominent exponents of a new philosophy in energy markets that places far more emphasis on risk management skills than the physical ownership of assets, a radical change from the asset-heavy approach to energy that prevailed in Europe before the E.U.'s deregulation directive came into effect in 1999.
As such, it has in the last 18 months disposed of assets such as its stake in Sutton Bridge power station in England and has conspicuously refrained from buying 'brownfield' physical assets in markets such as Italy and Germany.
However, it has pursued various greenfield independent power projects and the acquisition of gas trading licenses in markets such as Spain and Italy.
-By Geoffrey T. Smith, Dow Jones Newswires; (+44 20) 7842 9260; geoffrey.smith@dowjones.com

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

Acquisition Speeds Select Energy's Northeast Growth-Exec
By Kristen McNamara
Of DOW JONES NEWSWIRES

10/04/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW YORK -(Dow Jones)- Select Energy Inc.'s planned purchase of Niagara Mohawk Energy Marketing Inc. will speed up by a year or two the company's plans to expand its business beyond New England to the entire Northeast, Select's president said.
The acquisition stengthens Select Energy's position in New York and the Mid-Atlantic, boosting its efforts to become a regional leader in the business of managing energy supply for industrial and commercial customers and trading electricity in the region.
"We want to be the dominant player here," President William Schivley said in an interview with Dow Jones Newswires. "By being the dominant player in the Northeast, we'll be considered a national player."
Select, a unit of Berlin, Connecticut-based Northeast Utilities (NU), faces competition from national heavyweights like Enron Corp. (ENE), Duke Energy (DUK), AES Corp. (AES) and Exelon Corp. (EXC).
Select Energy announced an agreement Tuesday to purchase the wholesale and retail energy sales unit of Syracuse, New York-based Niagara Mohawk Holdings Inc. (NMK), which is active in the Mid-Atlantic and New York power markets.
Integration plans aren't firm, but Select Energy will work with Niagara Mohawk executives to identify best practices from both companies, Schivley said.
The companies aim to have a transition plan ready by the time federal energy regulators rule on the combination. Select Energy has said it plans to keep Niagara Mohawk's Syracuse office open.
The company won't release the terms of the deal until it closes, which is expected in late November.
Select has annual revenues of about $2.5 billion. Niagara Mohawk Energy Marketing had revenues of $635 million in 2000.
Select Energy is still looking at further acquisitions of trading operation and generating assets in New York and the Mid-Atlantic, Schivley said.
"This is more than just window shopping," Schivley said. "We are actively seeking out hard assets."
The company isn't interested, however, in the two other unregulated units Niagara Mohawk is looking to sell in advance of its acquisition by National Grid Group PLC (NGG), he added.
Within the next three to five years, more and more large companies are likely to start outsourcing management of their energy needs, especially as those needs become more complicated, Schivley said. Energy, along with labor and raw materials, are companies' three biggest expenses, he said.
"We're trying to grow this business by leaps and bounds," Schivley said. "We've taken a giant step in New York. All the products we offer will be expanded dramatically and increased to a number that, without the acquisition, would have taken us a year or two to get to."
-By Kristen McNamara, Dow Jones Newswires; 201-938-2061; kristen.mcnamara@dowjones.com

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

Pacific NW Lawmakers Gear Up To Oppose FERC RTO Mandate
By Bryan Lee

10/04/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

OF DOW JONES NEWSWIRES

WASHINGTON -(Dow Jones)- Members of the Pacific Northwest congressional delegation are gearing up in opposition to the U.S. Federal Energy Regulatory Commission's mandate for consolidation of power-grid assets in the region.
The House Northwest Energy Caucus held an informal hearing late Wednesday to air concerns of utilities and industrial consumers in the region about FERC's effort to establish a regional transmission organization, or RTO.
The lawmakers plan to follow up the hearing with a letter to FERC voicing the concerns, which largely revolve around skepticism that the RTO will result in cost savings for the region's consumers.
FERC shouldn't force an RTO on the region without first conducting a cost-benefit analysis, said Rep. Peter DeFazio, D-Ore., who is spearheading the effort.
Speaking with reporters prior to Wednesday's hearing, DeFazio complained that "a bunch of bureaucrats" at FERC are embracing the national power-grid agenda of Enron Corp. (ENE) without assessing the costs and regardless of "what it does for local reliability."
DeFazio's complaints were echoed in the testimony presented at Wednesday's hearing.
The region already enjoys an open and competitive transmission network, thanks to the federally owned Bonneville Power Administration, according to hearing testimony expressing concern that RTO West, as the RTO proposed for the region is called, will cost more to implement than it will provide in benefits.
"We are troubled that RTO West will not achieve any net benefit for end-use consumers in the Northwest," the Public Power Council testified. "Although work is beginning on a cost-benefit study, we are troubled that a transmission system that has served us all well for so long will be disassembled because FERC has announced that RTOs, by definition, are good."
"Regional transmission organizations may be necessary to remedy the transmission ills in other regions of the country, but not in the Northwest," declared a group of transmission-dependent utilities.
"The 'balkanization' and isolation of transmission systems that characterize most other regions is simply not present in the Northwest. For this reason, the economic power-side benefits of an RTO will be relatively small," said a group of aluminum producers.
Similar cost-benefit concerns have been voiced by state utility regulators in the Eastern U.S. who oppose FERC's effort to consolidate grid assets under large RTOs in the Southeast and Northeast.
'RTO Week'

FERC Chairman Pat Wood III acknowledged the complaints Thursday, adding that he expected to address the concerns of regulators and industry during "RTO Week" Oct. 15, when the commission will hold five days of hearings on the commission's RTO mandate.
"I think I need the decisionmakers at the table. We've had the lawyers in the suits arguing about it for eight years now," Wood said at an "energy community" forum sponsored by Enron in Arlington, Va.
Wood told Dow Jones Newswires following his remarks at the Enron forum that FERC answered the complaints about the lack of a cost-benefit analysis at its Sept. 26 meeting.
The commission agreed to undertake a comprehensive analysis in support of its claim that RTOs will bring about operational efficiencies that will translate into consumer savings.
Wood also noted a study by Mirant Corp. (MIR), which concluded that combining the three independent system operators in the Northeast into a single RTO would produce $440 million in annual consumer benefits.
During the Enron forum, Edward Meyers, a regulator with the District of Columbia Public Service Commission, urged Wood to seek out the input of affected state regulators.
Meyers noted that he is in the minority among regulators in the region in supporting the Northeast RTO grid-consolidation, while most others oppose the effort as "economically dangerous."
Arnetta McRae, chairman of the Delaware Public Service Commission, told Wood that her fellow state regulators aren't so much opposed to grid regionalization but the lack of consultation by FERC.
The state regulators want "an opportunity to be at the table," McRae said. If such a process were offered, there would be a lot less opposition, she predicted.
FERC is reaching out to address the concerns of state regulators, Wood said, adding that he was "blindsided" by the opposition among state regulators to FERC's grid-consolidation mandate.
Later in the day, Wood told reporters that "RTO Week" will feature an entire hearing devoted to the concerns of state regulators.
At the Enron forum, Wood defended the commission's RTO policy, which calls for carving up the nation's interconnected electricity system under the control of four or five large RTOs, as necessary to jump-start the overly long transition from regulation to competition.
"This process needs to be goosed," said Wood, calling FERC's RTO orders "an external catalyst" to get the process moving.
"If I'm wrong, I'd love to find a better way around that," he said.
-By Bryan Lee, Dow Jones Newswires; 202-862-6647; Bryan.Lee@dowjones.com

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

USA: NewPower signs up 50,000 new electric users in Texas.

10/04/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW YORK, Oct 4 (Reuters) - The New Power Co. said Thursday the electricity grid operator in Texas is processing requests from over 50,000 residential customers who have chosen New Power as their new electricity provider.
The Electric Reliability Council of Texas (ERCOT) is responsible for processing the requests to switch customers for all utilities and competitive retail electric service providers during the state's deregulation pilot program, NewPower said in a statement.
The switching process could take anywhere from two weeks to two months before consumers will actually begin to receive power from a competitive retail electricity provider.
New Power said it has captured more than half of the customers who decided to switch to new providers from the Reliant Energy HL&P and TXU Corp. markets.
The New Power Co., a subsidiary of NewPower Holdings, Inc. , is the first national provider of electricity and natural gas to residential and small commercial customers in deregulated power markets in the United States.
The Texas pilot power deregulation program began on July 31 after it was delayed two months due to computer problems.
The entire state is slated to begin full retail competition on Jan. 1, 2002.
A spokesman for the Public Utility Commission of Texas told Reuters previously that about 120,000 residential customers had signed up for the pilot program.

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

States protest federal involvement in electricity competition, deregulation
By H. JOSEF HEBERT
Associated Press Writer

10/04/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.

WASHINGTON (AP) - North Carolina and several other states told the Supreme Court the government went too far when it ordered electric utilities to open their power lines to competitors and spurred a movement toward deregulation.
But one of the country's largest power marketers, Enron, argued before the court Wednesday that the Federal Energy Regulatory Commission should have gone even further to help companies like Enron get equal access to power grids.
During the hourlong hearing, the justices gave little indication of how they will decide on a case that could dramatically affect management of the nation's power grids and the future of electricity competition.
At one point, Justice Stephen Breyer said FERC, which regulates wholesale power markets and interstate transmission of power, was being "whipsawed" from both directions.
The commission's 1996 decision, which for the first time required traditional utilities to open their transmission lines to competing power merchants, triggered a movement toward wholesale electricity competition and led numerous states to end monopolies in retail power markets.
But utility regulators in nine states, led by New York, filed suit arguing that the FERC order amounts to a federal agency attempting to regulate retail sales, usurping a traditional state function.
At the same time, Enron's lawsuit charged that FERC violated federal law because it did not require access to transmission lines when utilities continued to keep transmission and retail sales as one operation - as remains the case in many states that have yet to allow competition.
In June 2000, an appellate court essentially upheld FERC's regulation, prompting appeals from both Enron and the state regulators.
"It's an example of where an agency has overstepped its bounds," Lawrence Malone, general counsel for the New York State Public Service Commission, told the justices at Wednesday's hearing. The other states party to the lawsuit are Florida, Idaho, New Jersey, North Carolina, Virginia, Washington, Vermont and Wyoming.
Malone, appearing on behalf of all nine states, argued that FERC's order pre-empts state authority to regulate retail sales and set rates.
"This case isn't about rates," countered Louis Cohen, representing Enron Power Marketing Inc. before the court. "What we're concerned about is getting onto the (grid) system."
Cohen said that under the current access rules a dominant utility in a state that has not moved to competition may still "hog" the lines and keep Enron and similar marketers from moving power across a region.
The Justice Department, representing FERC before the court, argued that the commission only sought to strike a balance between the need to give competitors equal access to power lines and leaving retail market issues to the states.
Edwin Kneedler, deputy solicitor general, told the court that FERC, in his view, could have gone further, as Enron has argued. But, he said, to do so it would first have had to order all utilities to separate retail sales and transmission, something it chose to leave to the states.
The case, which is not expected to be decided until sometime next year, comes at a time of growing concern about electricity competition and power grid reliability in light of recent power problems in California.
About half of the states have taken some steps toward retail electricity competition.
Many power industry experts as well as the FERC commissioners have emphasized that a truly competitive electricity market will be difficult to achieve without smooth and efficient flow of electricity across large regions, if not nationally. And that, argue companies like Enron who want to compete with traditional utilities, will require more open access to transmission.
In an attempt to smooth the flow of power, FERC has embarked on a campaign to establish four large, regional transmission organizations to manage the national power grid. A court decision rolling back some of FERC's authority over open access to transmission lines could affect that effort.
Uncertainty over how far the federal government will be allowed to go in requiring transmission access also could affect state decisions on whether to embrace electricity competition, according to some industry experts.
---
On the Net:
Federal Energy Regulatory Commission: http://www.ferc.fed.us/
Enron: http://www.enron.com/corp/

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


between 1030 an 11 would be the best time to install the monitor.


J, you are too funny!  I am always entertained by the wonderful way in which you express yourself in these emails.  You make me laugh.  ILY, HA!  K.

-----Original Message-----
From:	john.watson
Sent:	Sat 8/18/2001 8:02 AM
To:	Dennis Dye
Cc:	Watson, Kimberly
Subject:	RE: FWD: Rescue Course Photo

DD -

Well, perhaps your poor Texas cousins need to make another trip up there to
see their rich Arkansas relations, their mountain hideaway and that fabulous
object d'art that you're rumored to have on loan from the Tate (not to be
confused with O. L. "Spud" McLanahan's "Tater" Museum, with its current
exhibition titled "Homage to the Yam").

Once we return from Bella Italia (perhaps even planning while climbing steps
up to or down from an Amalfi aerie, assuming we can spare enough breath to
speak), we could look at a November or December date for a long weekend.

I can't tell you how much Kim and I are looking forward to another trip across
the pond with the A team.  Six weeks and counting, I'm thinking, and I can
already taste the first glass of vino rosso at Alla Rampa.  It's been too
long.

Tonight, we're hosting a flood-delayed Father's Day (Tom) and an early
birthday (Wanda) combo-dinner at Pappas Bros Steakhouse.  Tomorrow evening the
Donnellys are arranging a sitter so that the grown-ups can meet for dinner and
a movie that doesn't have a single purple dinosaur or juice box or singing
cowboy (although there may be other music in a movie titled "Captain Corelli's
Mandolin," I suspect -- just to get us in the mood for the trip).

Hope golf is treating you well, and that you're abusing the hell out of those
little dimpled aerospheres.

Looking forward to seeing you guys in six weeks for la dolce vita in Roma.

JW

>===== Original Message From "Dennis Dye" <dennis_dye@hotmail.com> =====
>John,
>
>Well, yes, that was, of course, part of the grand plan.  I thought I had
>mentioned a Dallas Morning News write-up on Hot Springs before I bought that
>labeled it, potentially, the next Santa Fe [NM, not Texas].  Anyway, I know
>I showed it to Janell to trick her into moving back in time.
>
>They have an amazing music festival here every year where they bring in
>precocious almost ready for prime-timers and pair them with masters in their
>particular instruments.  Then, they spend a week or so practicing/performing
>all over the city.  Janell and I volunteered to "help" this year, so we got
>to attend two rehearsals.  Pretty astonishing talent.  They also have more
>than their share of art galleries and a "gallery crawl" the first friday of
>each month.  Pretty fun since we get hugged by our artist every time [pure
>paid patronage, of course].  Of course, "Cynthiana" Warner [with an Arkansas
>wine named after her] took advantage of the veritable plethora of art one
>time when she was here and got a big fish painting for her wall in Austin.
>
>The JJDLF got a great write-up in ROLL CALL magazine yesterday.  I can't
>seem to find it on their website, but I have a fax of the article.  I'll
>share it with you when I get it in shareable form.  Been trying to get this
>to happen for two millennia...
>
>Thanx,
>Dennis
>
>
>>From: "John Watson" <john.watson@pdq.net>
>>Reply-To: <jwatson@nwdiagnostic.com>
>>To: "Dennis Dye" <dennis_dye@hotmail.com>
>>CC: "Paul Donnelly" <Paul.Donnelly@bakeratlas.com>
>>Subject: RE: FW: Rescue Course Photo
>>Date: Fri, 17 Aug 2001 11:04:55 -0500
>>
>>According to NPR yesterday, Hot Springs is the art capital of middle
>>America.  Now, did you know that when you moved there, or is it because of
>>your patronage that The Arts have flourished?
>
>
>_________________________________________________________________
>Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp


works here

-----Original Message-----
From: Hadix, Susan [mailto:Susan.Hadix@ElPaso.com]
Sent: Thursday, October 18, 2001 10:17 AM
To: Dana Richardson (E-mail 2); Jennifer Lamprecht (E-mail); Pam Macaul
(E-mail); Tori Kuykendall (E-mail)
Subject: Monthly Girls Night Dinner

Jennifer mentioned we should all do dinner together once a month.  I
think
it's a great idea and would like to commit to the next date.  How about
you?
I was looking at Wednesday, November 14th.  This is definitely open to
suggestions.

Thanks!

Susan A. Hadix, Senior Volume Analyst
Tennessee Gas Pipeline Co.
832/676-6955 phone
713/508-0525 pager
832/676-1898 fax
832/676-4999 after hours
Susan.Hadix@elpaso.com

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


Hi Rosalee:
Attached is a summary of the proposal that ENA filed today in response to the
RFP for power and gas issued by California's DWR.  Also attached is a copy of
the complete proposal.  Steve Kean asked that I forward it along to you.
Could you please print out a copy and forward it along to Ken Lay prior to
his departure for Washington D.C.?  Thanks very much.

All the best,
Jeff


I assume you guys received this...SRS
---------------------- Forwarded by Sherri Reinartz/Corp/Enron on 10/06/99
01:46 PM ---------------------------

Julie Featherston <julie@nerc.com> on 10/06/99 10:35:29 AM
To: julie@nerc.com
cc:  (bcc: Sherri Reinartz/Corp/Enron)
Subject: TVA Ltr. to Gent

TO: Board of Trustees

Ladies and Gentlemen:

Mr. Boston requested the attached letter be distributed to the same group
that Mr. Skilling's August 31st letter to Mr. Gent was distributed. I
believe the entire Board was copied on the August 31 letter; however, if
you didn't receive it or would like a hard copy, please let me know.

Sincerely,

Julie M. Featherston

cc: Board Observers
     Technical Steering Committee
     Regional Managers - TVA ltr to Gent.doc


Use this file instead.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/20/2001
04:45 PM ---------------------------

	Gregory A Mausser
	02/20/2001 04:43 PM

To: Kam Keiser/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Phillip M
Love/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT
cc: John Valdes/HOU/ECT@ECT
Subject: Slight adjustment to Physical Tab Template

I have made a slight revision to the template regarding CPR Cash In and CPR
Cash Out for consistency between Accounting, OA, and Economics.

OA CODE 15 CASH IN  SALE
OA CODE 14 CASH OUT PURCHASE

Please replace the previous template with the one below.

Thank You ,
Greg(37299)


This team is doing great!  This Wednesday they play the Texas Aggies in
College Station.  Game time is 7:00 p.m.  Some of the Houston Alumni Club
plan to attend.  We will be eating, before the game, at the Outback
Steakhouse on Texas Avenue at 5:00.  Come join us!  Go Cats!  Joyce Nesmith
-----Original Message-----
From: Mitzi Frieling <MFrieling@K-State.com>
To: MFrieling@K-State.com <MFrieling@K-State.com>
Date: Sunday, January 13, 2002 8:20 AM
Subject: WBK vs. Nebraska

>
>
>-----Original Message-----
>From: K-State Sports Information Office [mailto:KSUSPORTSINFO@ksu.edu]On
>Behalf Of Doug Dull
>Sent: Thursday, January 10, 2002 7:59 PM
>To: KSUSPORTSINFO@LISTSERV.KSU.EDU
>Subject: WBK vs. Nebraska
>
>FOR IMMEDIATE RELEASE
>Date: January 12, 2002
>Contact: Doug Dull, Sports Information Director
>
>WILDCAT WOMEN BEAT HUSKERS BEFORE RECORD-SETTING CROWD
>
>        MANHATTAN, Kan. - Laurie Koehn scored 26 points to lift
>14th-ranked Kansas State to an 85-71 victory over Nebraska in a Big
>12 Conference women's basketball game Saturday played before a
>school-record crowd of 13,466 at Bramlage Coliseum.
>        The victory lifted the Wildcats to 16-1 overall and 4-0 in
>the Big 12, while the Cornhuskers fell to 11-6 and 1-3. K-State has
>won 13 straight games this season.
>        The crowd was announced as a sellout, the first for women's
>basketball in the history of Bramlage Coliseum. The previous high for
>attendance for a K-State women's game was 9,736, set on Feb. 22, 1997
>at a game against Kansas. It was also the largest crowd a Wildcat
>women's team had ever played before either home or away.
>        Kendra Wecker added 21 points and 12 rebounds for the
>Wildcats, while Nicole Ohlde finished 18 points and nine boards.
>        Katie Robinette scored 16 points on 7-for-18 shooting from
>the floor to lead four Nebraska players in double figures. K.C.
>Cowgill scored 15 points for the Huskers, all from three-point range,
>with Stephanie Jones adding 14 points and Keasha Cannon scoring 10.
>        Kansas State iced the victory by hitting 22 of 25 free throws
>in the game, including a 19-for-22 effort in the second half.
>        Kristin Rethman scored five points and Wecker added four in
>an early 9-0 run that put K-State ahead 14-5 with 13:46 left in the
>first half. Nebraska cut the lead to four once before halftime. The
>lead was six with 6:06 remaining in the half when back-to-back
>three-pointers by Koehn and Wecker pushed the Wildcats' edge to 33-21.
>        K-State led 45-32 at the break, as Koehn had 14 points and
>Wecker finished the first half with 13.
>        Nebraska used a 9-0 run early in the second half to cut the
>deficit to 49-45 with 14:19 to play. But the K-State lead was never
>less than four points the rest of the way. The 'Cats led 65-59 with
>7:16 left when Koehn buried a three-pointer and Ohlde hit two free
>throws to increase the lead to 11 with 6:21 remaining.
>        Kansas State led by at least 10 points the rest of the game.
>        Koehn's six three-pointers were the most ever by a Wildcat in
>a conference game. She hit 6 of 9 behind the arc and also went
>6-for-6 from the free-throw line. K-State got four blocked shots by
>Ohlde and five steals by Wecker in a solid floor game.
>        Nebraska held a 46-42 edge in rebounding, as all but one
>Husker who played had at least one rebound. Cannon finished with five
>assists for Nebraska.
>        Kansas State travels to Texas A&M on Jan. 16. The Wildcats'
>next home game is Jan. 23 against Kansas.
>--ksu--
>--
>*****************************************************
>
>Doug Dull, Sports Information Director
>Kansas State University
>1800 College Avenue
>Manhattan, KS  66502
>Phone:  785/532-7977
>Fax:  785/532-6093
>www.k-statesports.com
>


Isn't this our world.

John
---------------------- Forwarded by John J Lavorato/Corp/Enron on 11/29/2000
09:17 AM ---------------------------

Om Bhatia
11/28/2000 04:53 PM
To: John J Lavorato/Corp/Enron@Enron
cc:

Subject: Power Project in British Columbia

Northland Power (a power plant operator) from Toronto has joined hand with
Nepco to build a large cogen plant in BC with possible power off-take
agreement for US Pacific NW (Washington/Oregon). Northland power asked me if
Enron would be interested to quote indicative prices for this project. Would
you please advise me with who is responsible for this kind of projects?
Thanks for your help.

-Om Bhatia
EIM - Pulp & Paper


Tim,

Once you have put your list of targeted customers together, please send it to
me or Bill Bradford in Credit Risk Management, as CRM is responsible for the
credit review and approval process.  Additionally, CRM will determine the
appropriate credit terms for legal to incorporate into the ISDA document.
Once we have completed our review, we will forward the terms to legal for
drafting.  If you have any questions, please do not hesitate to call me at
X3-3263.

Thanks,
Tanya
---------------------- Forwarded by Tanya Rohauer/HOU/ECT on 05/26/2000 03:26
PM ---------------------------
From: Sara Shackleton on 05/26/2000 03:10 PM
To: Tanya Rohauer/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT
cc:
Subject: Re: Executed Master Agreements

----- Forwarded by Sara Shackleton/HOU/ECT on 05/26/2000 03:08 PM -----

	Tim McKone@ENRON
	05/26/2000 02:48 PM

		 To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Shari
Stack/HOU/ECT@ECT
		 cc:
		 Subject: Re: Executed Master Agreements

Hello my Esteemed Doctors,

I am in Rodney Malcolm's Commercial Transaction Group focusing on selling
energy outsourcing relationships to industrial consumers.
Based on the list of executed master agreements that was provided to us
recently, many of our targeted industrial customers have not signed our
master swap agreement.

In preparation for our transacting with these customers, would you send me as
soon as possible a copy of our Master Swap Agreement language, a copy of the
more intermediate "Omnibus" Short form Swap agreement, and a copy of the one
or two page confirmation agreement.  I will forward to my group so that they
can become more familiar with the language, and I will also accumulate the
industrial customers that we are closest to closing deals.  I will then
forward the names of those customers to you so that we can get these
documents to the customers in advance of the deals.

If you have any questions or comments, please call me at x35583.  Thank you,
Tim
---------------------- Forwarded by Tim McKone/Corp/Enron on 05/26/2000 02:26
PM ---------------------------

Bob Carter@ECT
05/26/2000 11:15 AM
To: Tim McKone/Corp/Enron@ENRON
cc:

Subject: Re: Executed Master Agreements

We have a separate group in legal that puts these together.  Ed and I are not
involved in the preparation or negotiation of swap agreements.  The group  in
legal that works on them is led by Mark Taylor (x37459).  Others in the group
are Carol St. Clair (x33989), Sara Shackleton (x35620) and Shari Stack
(x39477).  I suggest that you contact any one of those people.  If I can
assist, please let me know.

	Tim McKone@ENRON
	05/26/2000 11:07 AM

		 To: Bob Carter/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT
		 cc: Rodney Malcolm, James A Ajello/HOU/ECT@ECT
		 Subject: Re: Executed Master Agreements

Hello Bob and Ed.

What is the most efficient way for us to get Master Swap Agreements in place
with our industrial consumers.  With the commodity energy market going
through the roof, many of the industrials are asking us to concentrate on
solving their short term commodity exposure and look to establish a  greater
outsourcing opportunity in the future.  We do not seem to have Master Swap
Agreements in place with industrials such as IMC Global, AK Steel, WR Grace,
and our solutions will involve financial swaps.

Thank you. Tim


Attached is EPMI's FERC-filed response to the SE RTO mediation report.  The response discusses all characteristics/functions of our initial preferred RTO structure for the East, including financial transmission rights/LMP in real time, unbalanced day ahead schedules, no icap market, market monitoring function, and transco "for profit."


----- Forwarded by Sara Shackleton/HOU/ECT on 07/06/2000 09:07 AM -----

	John Suttle
	07/06/2000 08:00 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Harvard worksheet

Sara,

Attached is a revised worksheet.  In addition to what is on the sheet, we
agreed to:

Remain silent on jurisdiction.
New York Law
BBB- negative watch is an additional event of default.
if the rating drops below BBB- there is an additional event of default.

I will calrify if you need me to.

JS


Command: MATCH
Date: 7/20/2001
Time: 11:20:54 AM
TransactionID: 100127
AgencyID: 10116
Recipient: Tulane University
Gift Accounting Office 3439 Prytania St., Suite 300
New Orleans, LA 70115
DonorID: 5374
GiftDate: 7/16/2001
GiftAmount: 100
Purpose: Tulane International Initiatives Fund contribution
Result: Success

If you have not already done so, please send your donation to
Tulane University
Gift Accounting Office 3439 Prytania St., Suite 300
New Orleans, LA 70115.
If they do not receive your donation within five days we will have to deny this request.

We have received the above Request.
If everything appears correct there is no need to contact us.
However, if you did not make this request or there is an error in the above information, then email us at: enron@easymatch.com or call us at: 1-866-545-9204.


John,

I have received your message regarding Mike Roberts. I could not
agree more. Mike deserves to be compensated for his exceptional
contribution.

Additional recommendation. I think that all weather forecasting support
should be consolidated under Mike (including the weather guys supporting
power trading). In my view, it was a mistake to remove Mike from
power support. It would also mean a lot to him personally.

Vince


Dear Longhorns,

Some of my more more internet-literate friends tell me there are lots of
Sooner and Cornhusker fans on ebay trying to sell tickets to the big game in
Texas Stadium.

They also tell me the way to get to ebay is to search for:

www.ebay.com

Good luck. Hope to see you all in Dallas.

Jerry Scarbrough/True Orange


We have received the following executed Master Agreement:

Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:   July 28, 2000

Enron Entity:   Enron North America Corp.

Counterparty:   Bellingham Cold Storage Co.

Transactions Covered:  Approved for all products with the exception of:
Foreign Exchange


Gerald, Debra,

Attached is our summary for our June purchases.  The information you'll need
for the confirmations is at the bottom in green.

Let me know if you have any questions.

Thanks,
Theresa
(303) 575-6485


Thanks.  I had a feeling Laura's gift was the bath bag.  As for the $20
donation, I'm glad we got it, because we ended up short on the cash collected
for the cookies.

Susan

Elise Weatherall <EWeatherall@WULFE.com> on 02/26/2001 12:14:57 PM
To: "'Susan.W.Pereira@enron.com'" <Susan.W.Pereira@enron.com>
cc:
Subject: RE: Birthday present

Laura wrote her name on the tissue paper because she forgot a card. Her gift
was the bath bag with the lip gloss.
Sorry for the confusion. That's great about the cookie sales. Did Karen
George tell you that someone gave us a $20.00 donation as well!
Great job!

Elise Weatherall

12 Greenway Plaza, Suite1500
Houston, Texas 77046
(713) 621-1700
(713) 621-3244 fax
eweatherall@wulfe.com

 -----Original Message-----
From:  Susan.W.Pereira@enron.com [mailto:Susan.W.Pereira@enron.com]
Sent: Monday, February 26, 2001 11:48 AM
To: eweatherall@wulfe.com
Subject: Birthday present

Hi, Elise.  Sorry to bother you, but when Kali was unwrapping her presents
last night, there were two without cards or tags (probably lost in
transit!!).  We narrowed it down to Laura and Sofi.  So that we can get the
thank you notes correct, did Laura give Kali  a Skipper doll or a bath set
in a blue bag?  Thanks for your help.

Susan

P.S.- We ended up selling 131 boxes at the booth on Saturday.


Hi Sally,

I knocked up a new spreadsheet thats should show our total headcount revision picture from an ENW perspective. I've filled it with the numbers I know so far.

Regards

Mark Pickering
Chief Technology Officer

Enron Net Works, LLC

  _____


Boys,

I'd be delighted to gather and format all of the information for a "nice and pretty" presentation. I would just ask that you e-mail me your info by the end of Wednesday, Feb. 6.

Gracias,
Maria

-----Original Message-----
From:	Sturm, Fletcher J.
Sent:	Wed 1/30/2002 1:49 PM
To:	Kaniss, Jason; Valdes, Maria; Ballato, Russell; Saibi, Eric; Carson, Mike
Cc:
Subject:	Regional Research Projects

All,

The unofficial word on the street is that deal closing is slated for Feb 7 and UBSWenergy launch is Feb 11.  Our intention is to launch financial products only for our regions beginning with Summer '02 through Cal '03.  As we are successful in signing up counterparties to reach a critical mass, we'll be adding products that are closer to the front of the curve (less correlated to NG.)  We need to do this to protect ourselves from "ambushes" by single parties when we don't have a critical mass of players that we can lay risk off with.

Please note that, as a result, we may "only" have a couple of more weeks to play with in terms of studying up and refreshing ourselves on the fundamentals in our respective regions.  Therefore, I'd like each of you to fill-in the information listed on the attached document for the region listed by your name.  Feel free to use any resources you need (fundies, etc.) and have them finished by next Thurs. (2/7).  Someone please nominate yourself to format each paper in the same manner and have them all put together in one binder nice and pretty.  Have a goodie.

Flet

	ECAR (Cinergy) - Krugh
	MAIN (ComEd) - Ave'
	SERC (TVA) - Jackie
	SERC (SOCO) - Twisty
	SPP (ENT) - New Boy


I will be attending.

	Kimberlee A Bennick
	04/27/2001 02:41 PM

		 To: Barbara N Gray/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Shawna
Flynn/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron,
Ann Elizabeth White/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Stacy E
Dickson/HOU/ECT@ECT, Kimberlee A Bennick/HOU/ECT@ECT, Roseann
Engeldorf/Enron@EnronXGate, Mary Ogden/HOU/ECT@ECT, Debra
Perlingiere/HOU/ECT@ECT, Limor Nissan/ENRON@enronXgate, Laurie
Mayer/HOU/ECT@ECT, Shonnie Daniel/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Carlos
Sole/NA/Enron@Enron, Steve Van Hooser/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT,
Kathleen Carnahan/NA/Enron@Enron, Mark Taylor/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT
		 cc:
		 Subject: Dinner on Wednesday, May 2, 2001, San Antonio Legal Conference

Sent for Bob Walker

A group of us have decided to gather for dinner on the Wednesday night before
the legal conference and wish to extend an invitation for you to join us for
good food and fellowship and maybe a few drinks.  We have reservations for
8:00 pm at Delores Del Rio, which is a small Italian restaurant on the
river.  They have excellent food and live Jazz music.  Very small and quaint
little place and away from the crush of the party places on the river.

I will need to give a final head count to the restaurant on Wednesday.  If
you can join us, or know of anyone who would like to, please let me know and
I will get directions, or we can all walk over from the hotel.  It is a very
short walk.

Please let me know if you can attend.

Thanks,

Bob.


Sweet house - I hope everything works out.  When are you trying to close?
Did they accept your offer?

Talk to you soon.

Kevin


Peter:

I asked Mark T to give you a call.  Legal questions on the financial confirms
should be handled in Canada as the first option and secondly go to Houston.
Please talk it through with Mark T to make sure that all works.  Should you
and Mark T talk it through with the confirm desk in Canada to make sure it is
clear?

Regards,

Mark Haedicke

	Sharon Crawford
	11/06/2000 10:17 AM

		 To: Mark E Haedicke/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Physical Power GTC

SENT ON BEHALF OF PETER KEOHANE:

Please see attached e-mail from Rob Milnthorp.  What I believe he is
referring to is documentation of financial (gas or power transactions).
(i.e. All physical transactions, Confirms, GTC's, Masters, etc. are
documented out of Calgary, all with the proper controls.)  Honestly, I am not
clear on this point.  My understanding is that responsibility for financial
trading for Canada is with Mark Taylor.  i.e. I understand that Confirms
which do not require legal input have been moved to the Confirm group in
Calgary, but Confirms which require legal input, ISDA Masters with Canadian
counterparties, structured financial transactions, etc. remain with Mark
Taylor, and that Calgary Legal is not, generally speaking, responsible for
financial transactions.  I do not want to re-visit this issue, but merely
clarify any confusion so that I can get back to Milnthorp.  I know that
neither Greg Johnston, Mark Powell, Chris Gaffney nor I are seeing any
financial trades.

Regards,
Peter

---------------------- Forwarded by Sharon Crawford/CAL/ECT on 11/06/2000
09:12 AM ---------------------------

Rob Milnthorp
11/02/2000 03:01 PM
To: Peter Keohane/CAL/ECT@ECT
cc:
Subject: Physical Power GTC

Peter, do we now have the proper controls and procedures re power confirms?
If so, can you please explain them to me. I'm still confused following my
discussions with Haedicke and his understanding via Mark Taylor. thanks,
---------------------- Forwarded by Rob Milnthorp/CAL/ECT on 11/02/2000 02:58
PM ---------------------------

Greg Johnston
11/02/2000 02:01 PM
To: Andre Templeman/CAL/ECT@ECT, Derek Davies/CAL/ECT@ECT, Paul
Devries/TOR/ECT@ECT, Bill Greenizan/CAL/ECT@ECT, Garrett Tripp/TOR/ECT@ECT,
John Zufferli/CAL/ECT@ECT
cc: Sharon Crawford/CAL/ECT@ECT, Chris Gaffney/TOR/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Peggy Hedstrom/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT,
Rob Milnthorp/CAL/ECT@ECT, Mark Powell/CAL/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Linda Sietzema/CAL/ECT@ECT
Subject: Physical Power GTC

Please find attached the form of physical power GTC that may be used in
conjunction with confirms for power deals of less than one year in duration.
This is the standard form so it does not address market opening delays or
changes in law affecting pricing.  Any provisions required to address these
risks will need to be built into the confirms themselves as "Other
Provisions".

Greg


Thanks for the thoughts.  I fully agree on BF costs and DWR costs.  I believe that you are right on Est RT$ = CAISOM Imbalance, but I need to check.

On the question of retroactive ratemaking, it is my understanding that you are correct.  PG&E probably won't rebill, but will need to put in place an adjustment to the going forward PX Credit to "collect" the overpayment of Negative CTC.

All of this means that the impact of the FERC refund is less than 100c on the $ for the Negative CTC.

Jim

 -----Original Message-----
From: 	Comnes, Alan
Sent:	Wednesday, November 14, 2001 4:35 PM
To:	Steffes, James D.; Dasovich, Jeff; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; 'Jan Paul Acton (E-mail)'; Swain, Steve; Mara, Susan
Cc:	Alvarez, Ray
Subject:	RE: PG&E PX Credit Calculation -- CONFIDENTIAL ATTY CLIENT WORK PRODUCT

I assume that if an hourly PX market clearing price is mitigated per a FERC order it would affect variable "HC" in the formula laid out in the attachment.

It is not clear to me which  variable represents hourly ISO imbalance energy costs, but I assume its "Est RT$".  If I am right, that variable would be affected by  the mitigated market price (MMP) for CAISO imbalance energy.

My comments are:

The FERC is able to only order refunds to jurisdictional entities and, given appeals, it may take years before the full extent of thre refunds are known.  Therefore there will be a significant difference between the change in the mitigated market price (MMP) as declared by FERC and the PX credit.  That is, a 10% reduction in the MMP should not be construed as having a 10% effect on the PX credit, assuming it can be recalculated at all.  Specifically, only some of the "HC" or  "Est RT$"  costs can  be adjusted per FERC refund orders.

Also, the PX credit is a tariffed rate.  I do not believe the PU code allows for retroactive adjustments to tariffed rates unless there was an explicit cost tracking account (e.g. a balancing A/C).  To my knowledge, no such account exists here.

Finally, I do not see a relationship between MMPs and (1) block forward costs on any date and (2) PG&E and/or DWR's procurement costs for the net short position post January 19.  So, those PX credit costs should be unaffected by any FERC refund order.

Alan Comnes

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Wednesday, November 14, 2001 7:22 AM
To:	Dasovich, Jeff; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; Jan Paul Acton (E-mail); Swain, Steve; Mara, Susan; Comnes, Alan
Subject:	PG&E PX Credit Calculation

Attached is a summary of PG&E's notes on how they calculate the PX Credit (until January 19, 2001 when they hardwired $150/mwh).  We continue to try and get a handle on how the FERC Refund case will impact the PX Credit and Negative CTC.  If anyone has any issues or comments, please let me know.

Thanks.

Jim

 << File: PG&E PX Credit Calculation.doc >>


On November 7, SVMG offered a "Negotiating Skills Workshop" to a sold-out
group of participants.  The feedback from all 20 Member Company participants
has been fantastic.

In light of the strong demand for the course, and the outstanding response
from those who participated, we will offer this class again on April 17,
2002, for another 20 Member Company representatives.

Like the first course, I expect this to book up quickly, and encourage you
to secure the date on your calendar and RSVP as soon as possible.

Joe Crowley, one of the best Negotiating Skills teachers in the Country,
will once again serve as our instructor.  Please come and enhance your
Negotiating Skills through this one-day, hands-on, workshop.  The full-day
workship includes one-on-one and small-group exercises, and key negotiations
techniques and practices, in an interactive setting.  The cost for the day
is only $250 per person, and includes a continental breakfast and light
lunch.  Again, we are limited to the first 20 participants in order to keep
the course interactive.

I am also pleased to announce that Compaq has graciously offered to host the
April 17 conference.  Many thanks to Shawna Holmes for serving as our
sponsor!  The course will run from 8am until 5pm.  Please RSVP by simply
responding to this e-mail, or by calling the SVMG Offices at 408-501-7864.

Sincerely,

Carl Guardino


Steve and Linda:

Here is the first draft of the Supreme Court brief.  I inadvertently left you
all off my prior earlier.  Please let us know if you have any comments.  The
brief is due to be filed at the court on April 19.

Thanks

Sarah

----- Forwarded by Sarah Novosel/Corp/Enron on 04/12/2001 10:25 AM -----

	Sarah Novosel
	04/10/2001 10:31 AM

		 To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
		 cc: Marcia A Linton/NA/Enron@Enron
		 Subject: Draft of Supreme Court brief

Jim and Rick:

Here's the first draft of the Supreme Court brief.

Marcia:

Would you please print this out for me.

Thanks

Sarah
----- Forwarded by Sarah Novosel/Corp/Enron on 04/10/2001 10:27 AM -----

	"Cohen, Louis" <LCohen@Wilmer.COM>
	04/07/2001 01:20 PM

		 To: "'dbva@radix.net'" <dbva@radix.net>, "'jhartso@enron.com'"
<jhartso@enron.com>, "'snovose@enron.com'" <snovose@enron.com>,
"'tabors@tca-us.com'" <tabors@tca-us.com>, "'jcardell@tca-us.com'"
<jcardell@tca-us.com>, "Jeffrey D. (Dan) Watkiss (E-mail)"
<dwatkiss@bracepatt.com>, "Killory, Ted" <TKillory@Wilmer.COM>, "Frankel,
Jonathan" <JFrankel@Wilmer.COM>, "Plotnick, Michael" <MPlotnick@wilmer.com>,
"Palansky, IJay" <IPalansky@wilmer.com>
		 cc: "Cohen, Louis" <LCohen@Wilmer.COM>
		 Subject: Draft of Supreme Court brief

Here is a first  publishable draft.? This has benefited greatly from comments
by Richard,  Judy, and of course Dan, but wcp takes full responsibility.
?
Careful further  review by all is needed.? I can identify two basic problems:
the repeated  statistics for use of the grids are believed to be about right,
but we lack  authoritative sources and we need to go with something firmer
(as we in the  power biz say); second, the examples given both late in the
statement and near  the end of the brief have been reworked by me in light of
some very helpful  conversations yesterday, but I may not have gotten them
right, or put them as  well as I could have; these also need citations if
possible.
?
I will be out of  play until late morning Monday (going to Charlottesville
for a speech by my  spouse).? Comments should be routed to others on the WCP
team as well  as?me.? We hope to have all significant comments by the end of
next  week (earlier?where possible of course), so that we can put the brief
in  final shape over the weekend.
?
Thanks to  all.
 - Draft Petitioners Brief v6.doc


---------------------- Forwarded by Park Street Generic Account/LON/ECT on
24/03/2000 21:08 ---------------------------

Park Street Generic Account
24/03/2000 20:56
To: mmetts@enron.com, ryoumg4@enron.com, mitchell.taylor@enron.com,
skean@enron.com, awalia@enron.com, Bruce
Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, rfaldyn@azurix.com,
droak@velaw.com, jeffrey.holzschuh@msdw.com, james.mcginnis@msdw.com,
hardip.rai@msdw.com, sandeep.talwani@msdw.com, martin.arias@msdw.com
cc:

Subject: project california

please find attached the latest draft of the IM for SoCal

regards


FYI per your request. Please see attached worksheet reflecting the Cash Flow impact of January & February gas purchases / imbalance settlements. See you later!

---------------------- Forwarded by Steve Kleb/ET&S/Enron on 01/30/2001 03:28 PM ---------------------------

	  From:  Dan Fancler                           01/30/2001 03:19 PM

To:	Steve Kleb/ET&S/Enron@Enron
cc:

Subject:	NNG Sources and Uses of Cash 2001

---------------------- Forwarded by Dan Fancler/ET&S/Enron on 01/30/2001 03:19 PM ---------------------------

	  From:  Dan Fancler                           01/29/2001 12:35 PM

To:	James Saunders/FGT/Enron@ENRON
cc:	Steve Kleb/ET&S/Enron@Enron

Subject:	NNG Sources and Uses of Cash 2001

 Current estimate of January and Feb. 2001 sources and uses of cash for purchases/Sales/imbalance.


Environmental needs to make any calls /decisions on this. Any Capital /O&M
requirements will have to be put into 2002 Plan at this stage.

Larry Campbell
08/30/2000 10:47 AM
To: Rich Jolly/ET&S/Enron@Enron, Michel Nelson/ET&S/Enron@Enron, Louis
Soldano/ET&S/Enron@Enron
cc: John Shafer/OTS/Enron@Enron, William Kendrick/OTS/Enron@Enron, Rick
Cates/ET&S/Enron@Enron, Butch Russell/ET&S/Enron@Enron

Subject: Compliance with the Large Quantity Generator Requirements,
Transwestern Pipeline Company

A review was completed of the storage tank requirements for  large quantity
generators of hazardous waste.  These regulations apply to almost each
mainline C/S in New Mexico,  Arizona and California (initiating at Station 9,
Roswell to Needles and including the tanks on the Topock Lateral).  There are
eighteen condensate tanks on the Transwestern mainline system which could
potentially be impacted, however, only about 10 tanks have received hazardous
waste liquids in the last 3-4 years.   The constituents which make these
tanks fall under Subtitle C of RCRA  is the arsenic, lead and low flashpoint
(VOC's) of the condensate.   PCB's are another issue and are subject to other
requirements.

Briefly, the liquids which collect into the tanks is highly variable in
quantity, contaminant concentration and with respect to when condensate
enters the tanks.  When the gas is extremely dry, no condensate is
collected.  During periods of wet gas movement, condensate with arsenic, lead
and low flashpoint is collected.  In the 1980's to mid 90's, all eighteen
tanks collected sufficient condensate with arsenic, lead, flashpoint and
PCB's that the contensate in the tanks was hauled away every 90 days.   From
1995 up to 1999, the system was essentially dry and no liquids were
collected.  The tanks did not fall under the hazardous waste requirements.
However, this year, we are seeing more liquids hauled away as hazardous waste
than we have seen in the past 4-5 years.

I would like to discuss the issue of compliance with these tanks.  The
consistency and volume of regulated  liquids which are now being collected at
the C/S tanks warrants a discussion.   The El Paso incident may be a driving
force in this issue.....


Ladies and Gentlemen,

We plan to upgrade the two NT servers that run Gas TDS's middle-tier
applications this weekend.  Therefore, TDS will not be available between
12:00 p.m. and 2:00 p.m. on Sunday, December 10th, 2000.  If this downtime is
in conflict with your schedule, please let me know ASAP.

I would also like to point out to you that when TDS is brought back on line,
it will be necessary for all the desks to be reloaded.  Since we introduced
the TDS Flag last month, this should not effect any of the desks.

Thank you for your cooperations,
Kenny H.


The 104 KRBE Enron Earth Day Festival is Coming on April 7!
Complete concert information available at www.104krbe.com.  Details are
coming and check out volunteer opportunities in the Volunteer Section below!!

The Houston Astros have announced the implementation of a program designed to
give Enron employees exclusive mini-plan seating in the Dugout Boxes and
Terrace Deck at Enron Field.

&Our relationship with Enron is one of the greatest partnerships in
professional sports, and this is yet another way for us to say thanks.8
Astros Vice President of Ticket Services John Sorrentino said.

The exclusive 27-game offer, which expires March 14, includes seating in
Field Box Sections 132 and 133 and Terrace Deck Sections 305, 306 and 307.
Cost per seat is $675 on the Field Box level and $324 for the Terrace Deck
level seats. Enron employees are the first to be offered these packages in
the Field and Terrace Deck levels and those who respond will be eligible for
limited playoff options and receive a red mesh adjustable batting practice
cap, while supplies last. Seating is non-renewable and subject to
availability.

Enron employees interested in taking advantage of the program should call
Astros Ticket Services at (713) 259-8500 or email Astros Sales Manager Matt
Rogers at rogers@astros.com. When calling or writing, please identify
yourself as an Enron employee.

Find information about the three mini-plans at www.astros.com and hope to see
you at Enron Field.

WalkAmerica, taking place April 29, is the March of Dimes biggest
fund-raiser. Money raised from the WalkAmerica supports pioneering research
and innovative programs that save babies born prematurely or with birth
defects. Since its beginning in 1970, WalkAmerica has raised more than $1
billion to help give babies a fighting chance.

Every dollar raised will be matched by Enron.

You can read more about the March of Dimes at www.modimes.org.

For more information, please contact Kimberly Nelson (ext. 33580) or Gina
Taylor (ext. 37681).

Free tickets for you and a guest - As an Enron employee, you are entitled to
two free vouchers to Star Wars: The Magic of Myth exhibit at the Museum of
Fine Arts!  To order them, go to www.enronsigshop.com  Although you will be
asked for your company and RC number, you will NOT be charged.  This
information is for tracking purposes only.

Come hear Jim Kollaer, President and CEO of the Greater Houston Partnership,
on Thursday, March 22 at 7 AM at the Museum of Fine Arts, Houston as part of
the Museum's Corporate Partner Breakfast Series.  Jim Kollaer has been the
President and CEO of the GHP for the past 11 years.  The Greater Houston
Partnership, a privately funded non-profit organization, through its 200
member companies, its 135 member Board of Directors and 70 professional
staff,  is Houston's primary business advocacy and economic development
organization.

Because Enron is a Corporate Partner of the MFA,H, Enron employees can attend
this event for only $17.50 per person.  Reservations are required, so if you
are interested, please contact India Mittag at (713) 639-7570.

Houston Cougars Alumni Golf Tournament
Cougars@Enron, Enron, and the EULAN Corporation are hosting a golf tournament
at Falcon Point Golf Club in Katy on March 26, 2001.  Ken Lay  is the
honorary chair.  Proceeds from this event will finance scholarships for Enron
dependants to attend the University of Houston and support yearly activities
that center around the advancement of the university and networking of Enron
employees.  The cost for the tournament is $130 for an individual player or
$480 for a team of 4 and is eligible for the Enron Matching Gift program
(that's $65 for an individual player and $240 for a team of four with an
accompanying matching gift form.)  If you would like to play or volunteer
for, or sponsor this event, please contact Jeff McClellan at x34779.

Date ;  March 17 - 24, 2001

Place:     Enron Lobby

Clean out your closets and bring in all of your gently used business suits,
blouses, dresses and pants.  We are having a clothing drive for Dress for
Success, a non-profit corporation  dedicated to outfit homeless women for job
interviews.  For more information, call Deb Gebhardt at 3-9606.

Enron has a golf association which holds twelve tournaments a year.  It is a
great opportunity to get some exercise and meet other golfers at Enron.
Bring your peers, your superiors or friends you like to golf with.  Check out
the website @ http://home.enron.com:84/egc/index.htm for more information and
to join.  Our next tournament information is as follows:

 Course:  Kingwood Country Club Forest Course    (Tin Cup was filmed here)
 Date:  Saturday, March 24, 12:00 pm  start
 Format:  Two-person best ball

Contact Gary Lamphier @ 3-3345 for more information

Car Pool by Laura Hembree
March 14 - April 8
Stages Repertory Theatre is proud to present the Southwest premiere of Laura
Hembree's poignant look at the corporate workplace, Car Pool.  Directed by
Peter Webster, Car Pool previews March 14 and 15, and opens on Friday, March
16. Performances run Wednesdays through Sundays through April 8.

Five men, one car and a daily commute from the suburbs are the elements that
ignite Car Pool, an incisive examination of how corporate culture impacts the
lives of its employees.  The effects of a workplace plagued by down sizing
layoffs and fear are traced over a six-month period in the conversations of
these "grandsons of Willy Loman", who must cope with crisis not only in their
careers, but in their personal lives as well  Several of the issues raised by
the recent spate of corporate and dot-com layoffs are addressed in this
well-timed new production.  The New York Times calls Car Pool "a smart,
neatly-tailored work."

Call Stages today at 713.527.8243! Tickets also available at the Stages Box
Office or on-line at www.stagestheatre.com.  Stages is located at 3201 Allen
Parkway at Waugh Dr.  Performances are Wed. - Thurs. at 7:30 p.m., Fri. -
Sat. at 8:00 p.m.,Sun. at 3:00 p.m.

Enron Challenges Corporate Neighbors to Trash Bash on March 31st!
Enron has officially challenged over twenty Houston-area corporations to
participate in this year's Trash Bash on Saturday, March 31st - registration
begins at 8 AM.  We are presently going head to head with
PriceWaterhouseCoopers and American General Corporation to see who has the
Most Employee Participants!!!  As other corporations join in, we'll keep you
updated!

Five randomly-selected Enron employees who participate will each receive two
free tickets to the 104KRBE Enron Earth Festival!  All volunteers will also
receive a free tee-shirt, free lunch and the opportunity to win fabulous door
prizes including a $225 gift certificate to West U Schwinn!  Please contact
Jessica Nunez via e-mail to reserve your slot on the Enron Team and help us
clean-up Buffalo Bayou!  Can you CANOE??  Let her know when you sign up!

Volunteer for the 104 KRBE Enron Earth Day Festival & Get in FREE!!
On Saturday, April 7th, volunteers are needed to man the KRBE Kid's Zone and
the Enron Interactive Tent.  As a volunteer, you'll receive a free
special-edition volunteer tee-shirt, one (1) free ticket to the concert and
free lunch!!!  A brief orientation will take place in the Energizer on
Tuesday, March 27th at 3:00pm.

Please e-mail Jessica Nunez with your activity area (KRBE or Enron) and shift
time - either midday (12:30pm - 4:30pm) or late afternoon (4:00pm - 7:00pm).
You may also bring a friend or family member (over 15 years old) to volunteer
with you.  Thanks!

Not Riding Your Bike to Austin??  Participate Anyway!!!
Support TEAM ENRON and Jeff Skilling by participating in the MS150 from
Houston to Austin on April 21st and April 22nd.  All-purpose volunteers are
needed to handle such various and sundry logistical duties as serving meals
to the Team, playing music as a DJ, directing riders to the Enron Tent,
setting-up and tearing-down, making massage appointments... to name just a
few!

Can't commit to the whole weekend?  Participate where you can!  Main sites
include Bellville (Saturday lunch), LaGrange (overnight stop), Bastrop
(Sunday lunch) and Austin (the FINISH LINE!).  While everyone will be
responsible for their own transportation & lodging, our volunteers are
welcomed to camp out with the Team in the Enron Tent in LaGrange.  You may
also investigate the possibility of staying at lodging establishments in the
area.

All volunteers will receive a free Enron Cycling Club tee-shirt, free meals
and a priceless experience.  Feel free to bring along your friends and family
to volunteer, too!  Take this opportunity to be a hero for our riders who
take on this cycling adventure to benefit the National Multiple Sclerosis
Society supporting the Houston, Dallas, San Antonio, Austin, and Corpus
Christi areas.  Please contact Heather Choate vie e-mail or at x33278 for
more information!

Get ready for the ultimate in family fun with Jim Prentice!  The BP Houston
Children's Festival is gearing up for the 13th year as America's Premier
Family Event.  The excitement includes 12 big family adventure areas, 5
stages of entertainment and over 300 fun activities.  Set in downtown Houston
on March 17 & 18, the festival benefits Child Advocates, Inc. and the abused
and neglected children it serves.  Volunteer benefits include free admission
to the festival, free parking, free soft drinks, and discounted festival
merchandise!  To sign-up on-line, visit
http://www.festivalsofhouston.com/hcf_volunteer.html.  When you submit your
form, you will see a page showing a list of important dates and times as well
as a contact person for questions.  You may also call Jessica Nunez at x31918.

Help Enhance a Nature Center with Enron!
Join volunteers;from Enron Networks to help Natural Legacy, a local
non-profit environmental education organization, complete a nature center at
Lockhart Elementary on Saturday, March 24th from 11:00am to 4:00pm.  Lockhart
is an inner-city school located at 3501 Southmore that will benefit from this
community event.  Volunteers are needed for planting, installing nature
center signs and building an educational kiosk.; Volunteers may also create
their own garden art to put in the nature center.; Feel free to bring your
friends and families and join in the parent-hosted festival which will
include wood turning, horseback riding, a petting zoo, caricatures and family
photos.;; Call or email Debbie Rhodes at Natural Legacy at 713.520.5008 or
debbie.rhodes@naturallegacy.com.  Make everyday Earth Day!

WHERE: Memorial Park
WHEN:  March 23 - 25 Two shifts needed: 9:30 am - 2:00 pm; 1:30 pm - 6 pm
CONTACT: Iris Waser X39012

Join 200 + SNAP Volunteers as we serve beer and lemonade at the Bayou City
Art Festival.  Volunteers enjoy free entry into the event, a free event
T-shirt, and free beverages.  It's a fun activity and an easy way to help the
animals and visit the Art Festival.

SNAP exists to stop the destruction of healthy dogs and cats in animal
shelters resulting from overpopulation.  SNAP is a non-profit organisation.
www.snaptx.org

The Century Challenge to benefit St. Jude Children's Research Hospital is a
"Countdown to Fitness" program that asks
participants to walk or run 100 miles in 100 days while collecting pledges
from friends, family members and co-workers.
That breaks down to just a mile a day!  The Century Challenge starts March 1,
2001 and runs through June 21, 2001.  If
you are interested in receiving more information, please call Regan Sheinberg
at (713) 599-1441.

The Special Olympics organization is looking for volunteers for the Spring
Games (Track & Field Meet and Soccer Tournament), April 28th and 29th.  If
you would like to be a key player to help organize events or just  volunteer
on those dates, please contact Becky Pham at 5-7094 or Cindy Richardson at
3-4770 for more information.

Other opportunities: Tennis Tournament (April 21)
   Spring Games (April 28 - April 29)
   Aquatics Meet (September 15)
   Golf Tournament (September 17)
   Softball Tournament (September 29 - September 30)
   And much, much more....

From Your Heart to Their Home(.Help Meals On Wheels
Meals on Wheels Program needs volunteer drivers to deliver nutritious lunches
to qualified elderly and disabled homebound people in our community. Meals
are delivered between 11am ) 1 pm, Monday ) Friday from the Jewish Community
Center, 5601 S. Braeswood. Volunteer drivers are asked to deliver meals once
a week; additional days can be arranged. Your smile, your hello may be the
only interaction the recipient has during the day.  To make a difference,
call Janice Kirshner at 713-729-3200, ext. 3227.

Have News to Share?
To post news or events in Enron In Action, please e-mail your information to
EIA@enron.com
no later than 12:00 noon the Thursday prior to the next Monday,s mailing.


Greetings.  Thanks for the help yesterday.  I may have missed it, but could
you forward me the memo describing the 203 stuff?  Greatly appreciated.

Best,
Jeff


Yeah, well, this dude obviously never tried to get one of these machines
permitted in California.

---------------------- Forwarded by Jeffery Fawcett/ET&S/Enron on 12/08/2000
10:05 AM ---------------------------
Market Intelligence - Enron Transportation Services
From: Lorna Brennan on 12/08/2000 09:17 AM
To: Chuck Wilkinson/ET&S/Enron@ENRON, LD Stephens/ET&S/Enron@ENRON, Janet
Bowers/ET&S/Enron@ENRON, John Dushinske/ET&S/Enron@ENRON, Tim
Johanson/ET&S/Enron@ENRON, Frank Oldenhuis/ET&S/Enron@Enron, Bob
Burleson/ET&S/Enron@ENRON, Rockey Storie/ET&S/Enron@ENRON, Penny
McCarran/ET&S/Enron@ENRON, Stephen Herber/ET&S/Enron@ENRON, Mike
Ullom/ET&S/Enron@ENRON, Bill Mangels/ET&S/Enron@ENRON, Steve
Weller/ET&S/Enron@ENRON, Michael G Stage/ET&S/Enron@ENRON, Jeffery
Fawcett/ET&S/Enron@ENRON, Lorraine Lindberg/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Christine Stokes/ET&S/Enron@ENRON, TK
Lohman/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron@Enron, Lindy
Donoho/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, John
Goodpasture/OTS/Enron@ENRON, Michael Ratner/OTS/Enron@Enron, Sebastian
Corbacho/ET&S/Enron@Enron, Yuan Tian/ET&S/Enron@ENRON
cc:
Subject: The Financial Community Starting to Rally?

Distributed Power: The Next Big Investment?

With today's electricity demand expanding beyond the reach of available
supply, and nationwide electric deregulation efforts providing inconsistent
results, distributed power just may be the next big thing, according to Bear
Stearns analyst Robert Winters.

With technology-laden, electricity-hungry companies popping up every time you
turn around, and blackouts and brownouts occurring more frequently as large
power grids are becoming less reliable, the analyst points towards
distributed energy services as a possible solution, and maybe the "next big
investment opportunity for the coming decade." In Winters' 250 page report,
"Distributed Energy Services-The World's Power and Transportation Industries:
Set for a Revolution-Part 2," he examines technologies and companies within
the distributed energy services sector that might be able to take advantage
of the current situation.

"Thanks to major technological advances and energy deregulation, a wave of
new investment in the power industry has just begun. We believe that this
coming era in the power industry could resemble the wave of investments which
flooded into the telecommunications industry following the breakup of AT&T in
the early 1980's," said Winters.

"Companies and municipalities need to find ways to ensure the availability of
high quality, reliable power," added Winters. According to his research,
microturbines are the best positioned of the "new" technologies that would be
able to have an immediate impact on electric generation.

He based his recommendation on the fact that microturbines are small, quiet,
efficient and very versatile. "They can be used as a main power source, a
back-up power source or as an alternative when there is a spike in
traditional energy prices," the analyst said. "Microturbines can also be used
in remote locations, including developing countries, that do not have access
to electricity." Another attractive feature of microturbines is their fuel
requirements. The units often use natural gas, but can also use several other
fuels as well.

In the study, the analyst also examined fuel cells, flywheel technology, and
existing reciprocating engines technologies such as diesel engines and
Stirling engines, which he noted are enjoying a comeback.

In addition to the report, Winters initiated coverage on two distributed
energy companies. He labeled Active Power, a company that is pioneering
flywheel technology, as a "buy" and Capstone Turbine Corp., a leading
manufacturer of microturbines, as "attractive." The companies are in addition
to two fuel cell companies he currently follows. Ballard Power is currently a
buy, and Plug Power is rated neutral.

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


Sara, Laurel was sent the link on 6/1/00, I have no record of a request for
Sheila Glover, but I am sending this email to her also.

Link -->

----- Forwarded by Tana Jones/HOU/ECT on 06/28/2000 03:22 PM -----

	Sara Shackleton
	06/28/2000 11:13 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Lotus Notes Access

Tana:  I hope I'm not repeating myself here but Laurel Adams (confirm desk -
Hickerson) and Sheila Glover (Hickerson CFO) need access.  If it's been
provided already, my apologies for asking again.  Thanks.  Sara


Please note, the Resolution Center hours have been reduced to 6 a.m. - 7 p.m. Monday thru Friday. You may contact the Resolution Center at 713-853-1411 or submit requests on-line at http://itcentral.enron.com.

We appreciate your cooperation in advance.

Customer and Business Services
Global Infrastructure


I received a copy of an order issued by the FERc on Columbia negotiated rate transaction, which includes a formula ie indexed rate.  They accepted the negotiated rate deal but they are requiring  them to file in their tariff within ONE DAY after the rate has been determined the contract and actual rate. ( Each time the actual rate changes during the term)   Just think about this for the upcoming TW_ USGT deal and NNG"- Reliant deals.    Notwithstanding the time to actually make the filing, the cost to serve it each day if the negotiated rate is different by day and then the service when an order is issued each day---  I believe this is FERC's way to attempt to eliminate negotiated rate indexed based deals-  they are punishing themselves as well, as each filing will require a notice etc-  so every day they could need to issue an order.

I feel we need to discuss with Columbia, INGAA and join in filing for rehearing on this administrative nightmare.  An alternative would be to require you to post on Internet website the day of the transaction the actual rate, so similarly situated customers would have access to the actual rate.  I'm sending you guys a copy of the order.


Sara,

Attached is a revised worksheet.  In addition to what is on the sheet, we
agreed to:

Remain silent on jurisdiction.
New York Law
BBB- negative watch is an additional event of default.
if the rating drops below BBB- there is an additional event of default.

I will calrify if you need me to.

JS


[IMAGE]

Register now -- before it sells out!
Your customers are already signed up.
Click here to register and/or see the attendee list!

The Atlanta LDC Forum promises to be the largest gathering of energy buyers
in the Southeast. Network with your customers and hear from industry experts
about the growing gas and power crunch in the Southeast Region. The last 4
LDC Forums were sold out, so don't be too late!

Special Focus at this year's Atlanta Forum:

Risk management
Supply constraints and availability
New projects
Will California problems spread to the Southeast?

Click here to go directly to the Atlanta LDC Forum Registration Form
For an agenda, a pre-listing of attendees or more information, visit our
website at
www.interchange-energy.com (then click on the Atlanta Forum)
or call Jerry Ribnick at 763-545-1515 or 800-427-3976

* * * * * * * * * * * * * * * * * * * * * *
		? ?The LDC Forum Series
?Atlanta
June 4-5. 2001	?Chicago ?
	Sept. 10-12, 2001?	?Boston
		April 18-19, 2002
Interchange Energy Group, 620 Mendelssohn Avenue North, Suite 161,
Minneapolis, MN 55427
* * * * * * * * * * * * * * * * * * * * * *
If you prefer to not receive future e-mails regarding The LDC Forums, please
REPLY to this message and indicate REMOVE in the subject field.
 - 9915star.gif


Sounds good.  If you need anything from me, let me know.

 -----Original Message-----
From: 	Suarez, John
Sent:	Monday, July 30, 2001 7:43 PM
To:	Kevin M Presto/HOU/ECT@ENRON
Subject:

Kevin,

I sent an email to John asking him for some time tomorrow to discuss my concerns re: my transition to power in the latter part of the year.  After I talk to him, I will call or email you with my decision.

Let me know if you have any questions.

Thanks.

John D. Suarez
Enron Broadband Services
Phone: (713) 853-5267
Mobile: (713) 443-5267

<mailto:john_suarez@enron.net>


Gerald,

Attached is the most recent version - Wholesale East is still in process but Wholesale Central & West are in pretty good shape.  I'll forward another copy at the end of today.

Thanks,
Kelli

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Wednesday, December 19, 2001 2:24 PM
To:	Little, Kelli
Subject:	Transport List

Kellie,  Have you updated the transport list yet?


John,

Attached are updated results of Zimin's model assuming each trade is on a
total notional of 30,000 bbls.   Note that I have re-scaled the results to be
in $MM.

--Stinson

Open-Close prices Continuous Prices


I really like that one.

	From:  Ben F Jacoby @ ECT                           03/18/2001 10:20 AM

Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@ENRON
cc: Kathleen Carnahan/NA/Enron, Chris Booth/NA/Enron, Ben Jacoby/HOU/ECT@ECT

Subject: Re: Northwestern

Merchant Energy Ventures, L.L.C. (if it's available)

Kay Mann@ENRON
03/16/2001 06:17 PM
To: Kathleen Carnahan/NA/Enron@Enron
cc: Chris Booth/NA/Enron@Enron, Ben Jacoby/HOU/ECT@ECT
Subject: Northwestern

Kathleen,

We need to set up an LLC for the Blue Dog turbines.  Chris had proposed some
names at some point, then Ben had come up with something.  I now can't
remember what it is.  Anyway, it needs to be on the list for next week.

Thanks,

Kay


For your information.
---------------------- Forwarded by Jeffrey T Hodge/HOU/ECT on 05/27/99 01:28
PM ---------------------------

	Enron Capital & Trade Resources
	Canada Corp.

	From:  Robert Hemstock                           05/14/99 06:22 PM

To: Rob Milnthorp/CAL/ECT@ECT, Geoff Storey/HOU/ECT@ECT, Keith
Holst/HOU/ECT@ECT
cc: Peter Keohane/CAL/ECT@ECT, Morris Richard Clark/HOU/ECT@ECT, Juanita
Marchand/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT
Subject: Export of Gas From Alberta

If ECTR is buying gas in Alberta you should be aware that that the Alberta
Energy Utilities Board has permitting and reporting requirements for gas
produced in and exported from Alberta.

The AEUB is quite flexible on who has to hold the permit and report the
exports.  Either the buyer or seller can hold the permit and do the
reporting.  At the present time ECTR does not hold an AEUB Blanket Export
Permit (ECT Canada does but obviously ECTR volumes cannot be reported under
the ECT Canada permit).  Therefore if ECTR is buying Alberta gas then it
needs to do one of two things: (a) agree with its counterparty that it will
report the exports under its AEUB permit, or (b) instruct me to get a blanket
permit in the name of ECTR (and then have Juanita Marchand in Houston do the
reporting for ECTR under this permit).

Please let me know if this is an issue that requires my attention.
---------------------- Forwarded by Robert Hemstock/CAL/ECT on 05/14/99 04:58
PM ---------------------------

	Enron Capital & Trade Resources
	Canada Corp.

	From:  Robert Hemstock                           04/08/99 07:30 PM

To: Geoff Storey/HOU/ECT@ECT, Keith Holst/HOU/ECT@ECT
cc: Juanita Marchand/HOU/ECT@ECT
Subject: Import of Canadian Gas into the U.S.

I was recently contacted by Juanita Marchand who does all the reporting of
Canadian exports under ECTR's NEB Export Licences and U.S. DoE Import
Authorizations out of Houston.   You guys need to advise Juanita of all of
the points at which you are importing Canadian gas into the U.S. so she can
ensure ECTR's total export/import volumes are correct.  She will call you to
get this info from you.

Also, Juanita is reporting all the volumes you export/import under ECTR's NEB
Short Term Blanket Permit GO-75-98 and its U.S. DoE Blanket Authorization
1323.  If you enter into any term deals that are longer than two years you
should advise me of this so we can consider whether the deal should be
supported by its own NEB and U.S. DoE permit.

Thanks.

Rob


By Friday, we should be above 75%.

 -----Original Message-----
From: 	Melodick, Kim
Sent:	Monday, August 27, 2001 9:57 AM
To:	Presto, Kevin M.
Subject:	Status update on Performance Reviews

Kevin, as an FYI, here are the stats on the completion of the performance reviews.  Information will be sent most likely this week to the office of the chair in reference to the statistics.  VP and MD reviews are to be completed by the 31st while the remaining job groups were due on the 17th.

13 complete out of 65 = 20%

Arora - 2 out of 2 = 100%
Davis - 1 out of 11
Gilbert-Smith - 0 out of 5
Herndon - 1 out of 9
Presto - 1 out of 10
Sturm - 7 out of 8
Will - 1 out of 20


During one of the World Hunger calls a couple weeks ago I noted that the
later half of Performance Liquidated Damage refund provision in Section
10.9.8 was slighty  broken.   I volunteered to find what I thought it should
look like.   In reviewing the Arcos contract I found the corresponding
provision that seems to capture what I was concerned about.  I have included
the ARCOS provision below for everyone's review.  Some of the defined terms
do not match, but.....

14.18.2.2 If the corrections to reduce a Shortfall are completed before the
Power Island achieves Acceptance and:
(i) such corrections are made and are complete prior to commercial operation
of the Station, and
(ii) such corrections cause a reduction in the performance Shortfall
then Purchaser shall:
(a) refund to Seller an amount equal to the Performance Liquidated Damages
associated with such reduction in the Shortfall, and/or
(b) reduce the offset associated with such reduced Shortfall; however, such
reduction in offset or amount of refund shall not exceed the amount actually
offset (payment withheld) in accordance with Clause 30.8 or paid in
accordance with Clause 14.15 for such Shortfall.
14.18.2.3 If the corrections to reduce a Shortfall are completed after the
Power Island achieves Acceptance, and such corrections are completed within
one hundred eighty (180) days after the Power Island achieved Acceptance, and
such corrections cause a reduction in the performance Shortfall, then
Purchaser shall:
(a) refund to Seller an amount equal to the Performance Liquidated Damages
associated with such reduction in the Shortfall, and/or
(b) reduce the offset associated with such reduced Shortfall;
however, such refund of Performance Liquidated Damages or reduction of offset
will not exceed the amount actually offset in accordance with Clause 30.8 or
paid in accordance with Clause 14.15 for such Shortfall and the amount of
such refund or reduction of offset shall itself be reduced by the following
amounts for each day that passes from date of the Performance Test on which
the Performance Liquidated Damages were originally based upon until the date
that Seller demonstrated the improved performance:
(c) At a rate of $0.23/day for each kW that the Net Electrical Output
Shortfall of the Power Island is reduced (the "Output Liquidated Damages
Refund Reduction").
(d) At a rate of $45.00/day for each kj/kWh that the Net Heat Rate Shortfall
of the Power Island is reduced (the "Heat Rate Liquidated Damages Refund
Reduction").
14.18.2.4 No refund of Performance Liquidated Damages shall be made if the
corrections are made after one hundred eighty (180) days after Acceptance of
the Power Island, unless Purchaser elects to do so as a result of the
corrective action plan presented by Seller prior to the expiry of such one
hundred eighty (180) day period.  In the event Seller determines the cause of
a portion or all of the Shortfall prior to the expiry of the one hundred
eighty (180) day period following Acceptance, but in spite of its reasonable
efforts is not able to effect the necessary corrections to the Plant, Seller
may present a correction plan that extends beyond such one hundred and eighty
(180) day period. Purchaser, at its sole discretion, may elect to permit
Seller the opportunity to make such corrections.


-----Original Message-----
From: 	Benchluch, Moises
Sent:	Wednesday, November 14, 2001 2:51 PM
To:	Black, Tamara Jae
Subject:	Presentation

TJ:

Can you pls invite all traders, mid-market and originators.

There will be a presentation on Tuesday, November  21st from 3:30-5:30 pm on the  "Congestion in the transmission system for the Eastern Interconnect"

The conference room will be determined on Monday.

Thanks,

Stephen


Please follow up with this person if interested.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/12/2000
12:50 PM ---------------------------

	From:  Jeffrey A Shankman                           06/12/2000 11:53 AM

To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Please forward to V.P. of New Generation or person in charge of New
Generation Projects

Can you forward this to the appropriate person?  Thanks. Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 06/12/2000
11:50 AM ---------------------------

	From:  Jennifer Fraser                           06/10/2000 03:20 PM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Please forward to V.P. of New Generation or person in charge of New
Generation Projects

I have no idea if this is for real or who should get this email at ENE.
Do you think anyone would be interested?
JF
---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 06/10/2000
03:19 PM ---------------------------

"Christopher D. Hayes" <glowjax@netcarrier.com> on 06/10/2000 03:21:08 PM
Please respond to "Christopher D. Hayes" <glowjax@netcarrier.com>
To: "contact" <glowjax@netcarrier.com>
cc:  (bcc: Jennifer Fraser/HOU/ECT)
Subject: Please forward to V.P. of New Generation or person in charge of New
Generation Projects

Please forward to the person in charge of New Generation Projects.

I was referred to you by the Energy Information Agency.  I was wondering if
you could help me find new generation work within your company.  If you are
not in the market for additional capacity I would appreciate your comments on
how I might proceed.

We primarily install, relocate or otherwise put power in service on a turnkey
basis, virtually anywhere in the world.   We also do major repairs,
mechanical and electrical, rotating equipment and even substation
equipment.    We have a rather strange assortment of equipment to support our
work, special hydra lift trailers for moving large engine without
disassembly, cranes for use in trying areas, high voltage bucket trucks, a
portable repair shop that can be moved to a major site that is 100 ft X 60 ft
and is fully equipped for anything from turbine repairs, installs or we can
do a large rewind ..

For off-shore work we have a floating shop, a service vessel that has
equipment on-board to move generation or also do similar service and
repairs.     An example might be a turbine or other generation installation
even on a barge power plant that is in service .. we can often dock along
side and do it all as though the barge was in a harbor.

Sometimes, in addition to supplying New Equipment, we can supply used,
refurbished or surplus assets.  Several possible powerplants considered for
relocation are made available by Marcor Remediation Inc.  Marcor is working
with the Jacksonville Electric Authority, Basin Electric and other major US
utilities to offer certain Surplus Generating Assets to the worlds energy
sectors.  This equipment is listed in some detail on our company webpage
(http://www.marcor.com/services/sales/sales.htm.)    This is a partial
listing so let me know if your company contacts are in the market for
anything in particular, we may be able to help.

These are additional properties I am working on, we handle Turnkey
installations all over the world as well as a good deal of offshore work.
Currently, we can deliver an LM 6000, up and running in less than 90 days.

BARGE MOUNTED POWER PLANT, 100+ MEGAWATT

We can provide a 100+  MW Barge Mounted Power Plant, complete, ABS Certified,
consisting of two (2) 50 MW Gas Turbine Generators.
Outputs are at ISO conditions.  These units will be refurbished and ready to
operate on either Natural Gas or Fuel Oil and installed on an ABS certified
barge.  Delivery can occur within approximately 120 working days (4 months)
after receipt of funds as specified below.
The two Gas Turbines will be set up to operate singularly or in parallel.
The Generator output will be 10,800 volts, 3-phase, 50 HZ.  (With upgrade to
60 HZ available)  The power will be transported to shore by overhead
transmission lines at Generator voltage.  A control room will be provided
together with switchgear and circuit disconnects.

The customer/buyer will be responsible for providing all fuel needs including
delivery and storage of fuel.  The customer will also be responsible for all
Grid connections and transformation of power.

We will provide, as part of the Barge package, an emergency generator for
lighting and Barge pumps.  The Turbines can be started with electric motors
powered from the emergency generator (diesel fueled) or by pressurized air.

All of this equipment is offered subject to prior sale.  The costs will be
adjusted accordingly if additional or substitute equipment is required by
customer.

The two (2) Gas Turbines can be adapted to operate on Heavy Fuel (HFO) or
Bunker "C" or #6 Fuel oil, providing proper oil treatment modules are
utilized.  We will offer this equipment under separate Contract.

ESTIMATE OF COSTS:
100 + MW Power Barge can be furnished as described for approx. $300.00 USD/
kW or $ 30,000,000.00.
Any commissions, "finders fees", or other unidentified costs, shall be added
to the cost shown here.  At this price, USED equipment is utilized.

To prepare a formal quotation and provide detailed equipment specifics, i.e.
model numbers, serial numbers, etc., a one-percent (1%) Cash Advance shall be
placed in an escrow account with draws for the preparation of same and
expenses incurred.  An Executed "Non-Disclosure, Non-Compete, Non-Circumvent
Agreement" must be signed by the "end-user".  It will take two (2) weeks,
after receipt of one-percent (1%) cash advance funds, and after ALL pertinent
information regarding the ultimate construction of the barge is received by
us from the buyer, to prepare the Formal Quotation.

After receipt of the Formal Quotation/Proposal,  buyer shall have two (2)
weeks to place a five-percent (5%) refundable deposit which will allow him
thirty (30) days to perform "due diligence".  At the end of this "due
diligence" period, buyer shall pay eighty-five percent (85%) of the total
purchase price.  The balance due shall be paid upon customer acceptance of
the unit.

Currently, we have a "window" of opportunity open to immediately initiate
necessary engineering work.  This work will be accomplished by "World Class"
Maritime Contractors; therefore, meeting the highest of Standards.

NEW 1999 MODEL POWER BARGE
We can furnish 100MW Power Barge complete with two (2) new, state- of-
the-art 1999 model, Westinghouse Turbine Gensets, 50 Hz, for approximately $
420.00/kW.  Same terms as above

LM 2500 GAS TURBINE POWER PLANT
ONE (1) ONLY..
G.E. LM2500-PE (UPGRADED), NATURAL GAS, WATER INJECTION,
13.8 KV, 26,500 KVA, TURBINE GENERATOR PACKAGE AS FOLLOWS:
1. ENGINE AND POWER TURBINE SECTION HAS BEEN COMPLETELY FACTORY REBUILT TO
ZERO TIME AND WILL CARRY A ONE (1) YEAR FACTORY STANDARD G.E. WARRANTY.

2. GEAR BOX, GENERATOR SECTIONS HAVE A TOTAL OF 25,000 HOURS ON THEM AND AND
WILL BE COMPLETELY REFURBISHED TO "AS NEW" CONDITION.

3. THE PROTECTION AND CONTROL SYSTEMS WILL BE REPLACED WITH CURRENT SOLID
STATE SYSTEMS IN ACCORDANCE WITH THE REQUIREMENTS FOR A NEW INSTALLATION.
THIS INCLUDED:  VIBRATION SYSTEMS, GENERATOR PROTECTION, TURBINE START
SYSTEMS, OPERATOR INTERFACE COMPONENTS AND POWER SYSTEM SYNCHRONIZATION
SYSTEMS.

4. THE ENGINE AND POWER TURBINE SECTION WILL HAVE A ONE (1) YEAR WARRANTY IN
ACCORDANCE WITH A STANDARD G.E. WARRANTY AND THE REMAINDER OF THE MODULE WILL
CARRY A ONE (1) YEAR WARRANTY BY THE SUPPLIER AND IN ACCORDANCE WITH A
STANDARD FACTORY WARRANTY FOR NEW EQUIPMENT OF THIS TYPE.

COSTS

1. COST DELIVERED TO SITE IN NORTH AMERICA    $ 6,000,000.00 USD

2.      COST TO ASSEMBLE THE COMPONENTS TO THE
PACKAGE AT THE SITE, INSTALL THE UNIT AT THE NEW SITE AND PUT ON-LINE,
INCLUDING CIVIL WORK FOR THE BASES, TURBINE BUILDING AND AUXILIARY
ENCLOSURES, FUEL PIPING, WATER PIPING AND RELATED WORK (ASSUMING ALL IS
LOCATED ADJACENT TO THE INSTALLATION POINT), AND SUPPLY FACTORY PERSONNEL FOR
COMMISSIONING AND UNIT START,  IS ESTIMATED TO COST AN ADDITIONAL....$
4,900,000.00 USD
(SUBJECT TO SITE INSPECTION)

TOTAL PROJECT COST,
UP AND RUNNING............... $8.5 Million USD

Talk soon,

Christopher D. Hayes

GLOWJAX LLC

glowjax@netcarrier.com

Ph# 1-(215)-541-1608....OR.....1-(215)-679-6093

1340 Moyer Rd.

Red Hill Pa. 18076

CONFIDENTIALITY This e-mail and any attachments are confidential and may
also be privileged.  If  you  are  not  a  named  recipient  please  notify
the  sender immediately  and  do not disclose the contents to another
person, use it for any purpose, or store or copy the information in any
medium

 - att1.htm


Rod,
I wanted to forward this to you.  Arthur Warga is the professor I spoke about that is an incredible Financial wiz.  He worked under Ron Singer but he is now the new Interim Dean.  This may be a great opportunity for you and Professor Warga to meet to discuss Finance curriculum which would help in Analyst recruiting.

Thanks,
Tracey Kozadinos
713-853-3446

GO COOGS!!!

The C.T. Bauer College of Business at the University of Houston main campus has just named Professor Arthur Warga as the new interim Dean.  What an excellent choice!  Anyone who knows Professor Warga or had the opportunity to be instructed by him knows he is a financial genius and is known nationally for his Fixed Income research and Fixed Income training program designed for the World Bank.

Read about Professor Warga and his plans for the CBA and new AIM Center here:
http://www.uh.edu/campus/cougar/Todays/Issue/news/news1.html

Read the background and credentials on Professor Warga here:
http://www.uh.edu/~awarga/
http://www.cba.uh.edu/faculty/warart.html

GO COOGS!

Tracey Kozadinos
BBA 1999, MBA 2000
President - Cougars@Enron
713-853-3446
Email: cougars@enron.com
http://home.enron.com/sites/
http://community.zuniversity.com/z/EnronCougars

<Embedded Picture (Metafile)>


I will be passing an envelop to collect a small monetary token of
appreciation for Kimberly and Alex for Administrative Assistants' week.
Please give if you are able and in an amount that you
feel is appropriate.
thanks,

Scott Neal


Paul/Alan,

We need to have someone check into the legal issues associated with our
trading equities in each of the respective countries we are interested in
trading.  We need to get rulings on shares, futures and options for both
exchange traded and over the counter activity for each country.  This
"research" should be performed in much the same way as when we began trading
in Australia.  Some of the countries involved may have already been "green
lighted" a few years ago.  The countries we need to look into initially are:

Germany
France
Italy
Norway
Netherlands
Spain
United Kingdom

Once we get feedback on these countries we should continue on to secondary
countries which include:

Austria
Belgium
Denmark
Ireland
Israel
Sweden
Switzerland
Portugal
Turkey

I will leave up to yourselves to decide where this project should be
coordinated from but as we are a US coporate and ECT Investments, the
principal booking entity, is a US entity I would imagine it should be handled
from the States.  Please let me know if anyone has any questions or would
like to discuss issues associated with this request.

Thanks and regards,
John


Palmer said Enron could protect consumers from electricity price spikes by
entering into "hedging" agreements with local utilities, which are
contracts that provide guaranteed pricing for certain periods. He said the
company had reached such an agreement with the utility servicing Hartford,
Conn.
7/6/2000 SDUT


i do but i havent heard from you either, how are things with wade

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, February 05, 2002 1:11 PM
To:	Maggi, Mike
Subject:	RE:

nope.  i am in the old building on the 32nd floor.  i think that is where we all used to be.  it is depressing over here.  and we are actually having to work.  i miss being over there.  so, why don't you talk to me anymore?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, February 05, 2002 1:09 PM
To:	Nelson, Michelle
Subject:	RE:

i cant figure that out yet, are you still on the 5th floor

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, February 05, 2002 1:01 PM
To:	Maggi, Mike
Subject:	RE:

not much.  just over here working on the estate, which is so much fun!  how about you?  do you think that you are going to like ubs?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, February 05, 2002 12:54 PM
To:	Nelson, Michelle
Subject:	RE:

we are so so, what have you been up to, i was in the cafeteria,

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, February 05, 2002 12:34 PM
To:	Maggi, Mike
Subject:

were you in the cafeteria earlier?  i thought that i saw you, but it was from far away.  how are you and sarah doing?