Tremaine:

My only comment is to Section 1 (Escrow Property).  Please substitute "NWG"
for "Depositors" in the first line of this Section.

Thanks,

Marisa

-----Original Message-----
From: Wright, Tremaine S. [mailto:TremaineWright@paulhastings.com]
Sent: Wednesday, May 30, 2001 6:50 PM
To: 'estelle.lawrence@citi.com'; 'mreuter@kslaw.com'
Cc: Kahn, Marguerite R.
Subject: Northwestern/Enron - Attached Files

Attached please find copies of the Escrow Agreement and the Escrow
Agreement signature page.  Please execute three copies of the signature page
and send them to my attention at Paul, Hastings, Janofsky & Walker, 399 Park
Avenue, New York, New York 10022.

Should you have any questions or comments please call me at (212)318-6653.
<<Escrow Agreement_v5.DOC>>  <<Escrow Agreement Signature Page_v1.DOC>>

"paulhastings.com" made the following annotations on 05/30/01 19:49:55
----------------------------------------------------------------------------
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NEW E-MAIL ADDRESSES AT PAUL, HASTINGS, JANOFSKY & WALKER LLP

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she's not allowed to go anymore per ENE

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Monday, November 19, 2001 11:32 AM
To:	Arnold, John
Subject:	RE:

are you talking about JS?  thought she was going to kentucky?  I was going with my friend Elizabeth but she is probobly going to have to work on Friday.  So I may just ride back with her.  Trying to figure it  all out.

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, November 19, 2001 11:26 AM
To:	Ward, Kim S (Houston)
Subject:

I spose so but we might have to take stupid as well I just found out.


Got lunch plans?  Lets talk about this at 12:30--my joint.  (I'll buy) df

From: Susan Scott/ENRON@enronXgate on 03/30/2001 03:01 PM
To: Glen Hass/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Maria
Pavlou/ENRON@enronXgate, sstojic@gbmdc.com@SMTP@enronXgate
cc: Drew Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON

Subject: Additional Needles capacity

As you'll see in the Legal bullets, TW Commercial has asked me to look into
the following issue.
As you probably know, SoCalGas is proposing to add compression to its system,
which will result in at least 50,000 MMcf/d additional takeaway capacity from
Needles by Dec. 2001.
TW's shippers have gotten wind of this thru the trade press and are already
calling TW to ask about the availability of additional Needles capacity.
Many of them are already shippers to Topock who would love to switch their
primary point to Needles.
The issue is this:  One of the reasons Red Rock capacity has been so slow to
sell is that we have no more Needles capacity available, and shippers are
less enthusiastic about shipping to Topock.  Our marketers would like to
earmark the new Needles delivery point capacity for use by Red Rock shippers,
rather than let existing shippers move primary points.  This will help to
sell out the expansion space.
I am looking thru my file of cases on the topic of reserving capacity for
expansions, to see if it gets us anywhere.  I'll let you know what I find.
If you have comments in the meantime, please let me know.  We may need to set
up a conference call to discuss this sometime next week.  Thanks.


Any progress on our access. We would really like to get a look at the weather up here.

Chris

 -----Original Message-----
From: 	Gaskill, Chris
Sent:	Tuesday, January 29, 2002 10:02 AM
To:	Dorland, Chris
Subject:	RE: New Fundy's Site

I am waiting on a list of people who have signed with UBS - I requested one yesterday afternoon from HR.  I will send an e-mail when we get the security set up.  Let me know if you have any questions.

Chris

 -----Original Message-----
From: 	Dorland, Chris
Sent:	Tuesday, January 29, 2002 10:52 AM
To:	Gaskill, Chris
Subject:	New Fundy's Site

Chris,

Can you make sure that the guys in Calgary have access to the new fundy's site. I am having problems getting in.

Thanx

Chris Dorland


Remember to represent Enron @ the Bicycle Hubbub - a celebration on October 11, 6:00 - 8:00 at the Bridgeport Brew Pub, 1313 NW Marshall in Portland. (Children are welcome.)

BTA website:

http://www.bta4bikes.org/

BIKE DISCOUNTS:
Go to the link below to fill out a tally card you can take to participating Bike shops to receive discounts.

http://www.bta4bikes.org/act/event/bcc/tally.html


WSJ(1/14) UBS Emerges As Top Bidder For Enron Trading Unit

01/14/2002
Dow Jones News Services
(Copyright ? 2002 Dow Jones & Company, Inc.)

  By Mitchell Pacelle and Rebecca Smith
  Staff Reporters of The Wall Street Journal

UBS AG, the giant Swiss financial firm, emerged the apparent victor to acquire Enron Corp.'s North American energy-trading operation. Enron hopes the deal will breathe new life into its dormant trading business, once the generator of 90% of the Houston company's profit.

But obstacles to resurrecting the business remain formidable, as indicated by the fact there were only two serious bidders -- UBS and Citigroup Inc. Enron wouldn't see any serious money from the UBS deal for at least a year, indicating how difficult it will be for the energy company's creditors to recover what they are owed. Enron filed for Chapter 11 bankruptcy-court protection on Dec. 2, the largest such filing ever, shielding the company from creditors as it seeks to reorganize.

Under the terms of the deal, which is subject to bankruptcy-court approval, Enron would transfer to UBS Warburg, the investment banking arm of UBS, its wholesale energy-trading operation, including a staff of roughly 800 people and computer systems and hardware that comprised its once-mighty EnronOnline Internet-based trading platform. UBS wouldn't be acquiring any of Enron's huge book of trading positions which gradually would be unwound. It also wouldn't provide any cash upfront to Enron.

Instead, UBS would pay royalties to Enron amounting to one-third of the energy-trading enterprise's pretax profit for a 10-year period, according to Enron. UBS would have an option to eliminate the royalty payments through the payment to Enron of money in years three, four and five. UBS would pay Enron 5.75 times Enron's prior-year payment for each one-third share of royalty eliminated. As such, it could completely eliminate Enron's royalty payments by the end of the fifth year.

As incentive to buy out Enron, UBS's royalty payments otherwise would increase by 10% from years five through 10, up to a maximum of 44% share of pretax profit.

Enron Chief Financial Officer Jeffrey McMahon said yesterday that he felt it was a "grand-slam great deal" for creditors since new life is being breathed into a "perishable commodity." Enron's staff had been kept together largely on the basis of retention bonuses that expire at the end of February. The trading operation effectively suspended operations prior to Enron's Chapter 11 filing last month.

Enron had hoped to bring in a credit-worthy partner to take a 51% stake in a new trading joint venture, leaving the energy company with a 49% stake. But Mr. McMahon said no bidder was interested in that deal. There also were no bids for the trading operation from rival energy or energy-trading companies. One possible reason was that resuscitating Enron's vast trading business would require a top credit rating, lots of capital to back trading operations and an expert credit-risk department to keep track of what traders are doing and to constantly revalue the trading book.

Since the Enron debacle, other energy-trading firms have taken pains to show they are de-emphasizing commodity-like trading of electricity, which Enron pioneered, and are instead concentrating on selling their own output of energy products and entering into contracts to protect themselves against price volatility.

Mr. McMahon said he feels that "by virtue of a AA-plus bank purchasing this business, it changes the landscape of the energy-merchant business forever" by putting more clout in the hands of institutions with top credit ratings. UBS apparently hasn't committed to provide any set level of capital. There is no determination, yet, for how royalty payments would be divided among Enron's thousands of creditors.

The largest question, though, is whether the trading business can truly be revived. Although Enron's global wholesale division, which included as its biggest component the North American energy-trading operations, generated about $3 billion in pretax profit during the first nine months of 2001, it has been dormant now for more than a month. Martin Bienenstock, Enron's lead bankruptcy lawyer, characterized the deal as "the sale of something that was dead that we are trying to bring back to life."

Competitors say they think a certain amount of Enron's trades were conducted at very thin margins in order to build volume, and that such trading practice likely will disappear. "You'll see the churn going away," says Michael McNally, chief financial officer of TXU Corp., now the biggest electricity trader in Texas. He thinks EnronOnline has "significant value but there's only a limited number of people who would know how to use it." Scaled to transact trades on hundreds of types of contracts, the platform is oversized for most uses.

UBS Warburg, which bought PaineWebber in 2000, has looked to expand its U.S. market share, and the Enron deal would provide entry into energy trading. John Costas, chief executive of UBS Warburg, said Friday the Enron unit would be "a valuable extension of our world-wide trading activities."

The winner of the auction, held under the bankruptcy court's supervision, was announced shortly after noon Friday in a packed Manhattan courtroom, less than an hour after the two bidders had submitted final offers. Enron's advisers and its creditors committee, which endorsed the UBS deal, had negotiated nonstop for more than 24 hours. In addition to Citigroup, which Mr. McMahon said competed "neck and neck" with UBS, BP PLC, the British oil company, had submitted a $25 million bid for the computer settlement support system of the Enron unit.

The proposed UBS transaction is subject to approval by Judge Arthur J. Gonzalez of the U.S. Bankruptcy Court of the Southern District of New York, who officially closed the auction to new bidders Friday. A hearing is set for Thursday at which creditors will have an opportunity to voice objections.

Separately Friday, Judge Gonzalez declined to transfer the bankruptcy case to Houston, denying motions from several creditors who had argued that Enron's headquarters city was a more suitable venue.

---

Anita Greil contributed to this article.

---

Journal Link: A four-month timeline listing pivotal events surrounding the fall of Enron is in the Online Journal at WSJ.com/JournalLinks.

(END) DOW JONES NEWS 01-14-02

12:00 AM


Alan:

Meeting scheduled for Friday at 9:30 a.m. in your office.

Joya' F. Williams Davis
Sr. Admin. Assistant
ENA Legal Department
EB3855A
joya.davis@enron.com
(713) 853-9559 DID
(713) 646-4842 FAX

	Alan Aronowitz
	09/19/2000 03:25 PM

		 To: Joya Davis/HOU/ECT@ECT
		 cc:
		 Subject: Meeting w/ Sara Shackleton

Please set up a 30 minute meeting with Sara tomorrow if possible to discuss
Debt Trading. Thanks.


Phillip - this fall is nearing it's end for recruiting.  Schools are selected
by an executive committee and program management.  I suggest that early next
spring, you contact Celeste Roberts and discuss your request with her.
Celeste is my Director, however she is out on maternity leave at this time.

Thank you
Shelly

Phillip M Love
10/11/2000 07:41 AM
To: Shelly Jones/HOU/ECT@ECT, Recruiting Manager@ENRON
cc:
Subject: Re: Associate/Analyst Super Saturday Participation

Just curious how I may assist in getting Auburn University's name added to
recruiting endeavors.  Of course I am an alum, and I believe you will find we
have an excellent engineering and business school.  Just curious, thanks.
PL


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/15/2000
08:56 AM ---------------------------

"Network World" <Networkworld@nwwsubscribe.com> on 02/15/2000 08:36:42 AM
To: <vkamins@enron.com>
cc:
Subject: Network World E-Mail Confirmation 2/15/00

Thank you Wincenty for choosing Network World's E-Mail
Newsletters. You have just hand-picked the most concise,
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"The leader in network knowledge"!


Thanks so much for responding, Sally.  Very interested in exploring the
possibilities with you.  Greatly appreciated.

Wow, that's the only other Jeff Dasovich I've ever heard of.  No kidding.
Referred to you by Lee Green. Don't yet have soil test or temp profiles, but
am in the process of figuring out how to get them done.  Any suggestions are
welcome and appreciated.  I'll be around the weekend of March 10th.  If that
works for you, great; otherwise, we can try another date.

Again, can't thank you enough for responding.  I don't know where it'll lead,
but I've got a hunch that it just might work out.

Enjoy drinking your wine (had the syrah recently) and very much look forward
to meeting you.

All the best,
Jeff

	Sally Ottoson <pacstar@mcn.org>
	02/28/2001 05:05 PM
	Please respond to pacstar

		 To: jeff.dasovich@enron.com
		 cc:
		 Subject: Growing Coastal Grapes

Hi Jeff:
I know a Jeff Dasovich, exact spelling, an attorney in
Oklahoma City...I'm looking forward to talking to you about
the potential for vineyard. Please call me at 707-964-1155,
I zoom around pretty fast but should be able to get down
there soon. Do you have soil test results/temp profiles -
were you referred to me by Alan Green of Greenwood Ridge?  Sally


O.K.  Thanks!!

   Kate Symes @ ECT                01/05/2001 04:20 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re:

They are good deals, but we don't have deal numbers because Mike is out of
the office right now and said he wanted to check with the broker personally
before verifying the price. He's aware that the deals will have to go in late
and be backdated, and that they will not be in his calculation for the day.
Please let me know if there's anything else I can do.

Kate

Evelyn Metoyer@ENRON
01/05/2001 02:23 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject:

Are these good deals for Mike?

---------------------- Forwarded by Evelyn Metoyer/Corp/Enron on 01/05/2001
04:18 PM ---------------------------

Evelyn Metoyer
01/05/2001 03:45 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject:

Can you check Mike Swerzbin for the following deals through Prebon:

Enron sells Sempra 50 mw of Sept.'01  Mid-C at $360.00
Enron buys Sempra 50 mw of July '01 Mid-C at $270.00

Thanks!!


MEMORANDUM

TO: Regulatory Affairs Committee
       Power Marketers Working Group

FROM: Joe Hartsoe, Regulatory Affairs Committee Chair
            Bob Reilley, Power Marketers Working Group Chair
            Julie Simon, Vice President of Policy
            Mark Bennett, Senior Manager of Policy
            Erin Perrigo, Manager of Policy

DATE: March 20, 2001

RE: Commission Actions to Increase Supply and Decrease
      Consumption in the Western United States--Key Points for
      EPSA Comments Due MARCH 30TH

As we previously reported, on March 14, 2001, FERC announced certain actions
to address the energy problems in California and other areas of the West in
an Order Removing Obstacles to Increased Electric Generation and Natural Gas
Supply in the Western United States and Requesting Comments on Further
Actions to Increase Energy Supply and Decrease Energy Consumption.  The
following is an overview of the steps the Commission proposes to "immediately
help increase supply from existing power sources and to provide regulatory
incentives to build new electric and natural gas infrastructure."  The
Commission also invited comments on certain proposals.  This memo includes a
list of key points we intend to make in comments that are due by March 30th.

Overview of Order

The Order reflects a thorough review of  "all of [FERC's] rate and facility
certification authorities in the areas of electric energy, natural gas,
hydroelectric and oil to determine how it can increase electric energy
supply"; however, the Commission noted that its authority is "somewhat
limited."  While the Commission believes state regulators must assume the
lead role due to their authority over siting of generation and transmission,
as well as demand reduction measures, the Commission noted that the impact of
California's energy shortage on the Western Interconnection "underscores the
regional, interstate nature of the energy marketplace."  Accordingly, it
encouraged the formation of a single regional transmission organization for
western markets.

EPSA appreciates the Commission's effort to exercise the full extent of its
authority to help ease the West's energy problems.  Taken together, the
Commission's proposed actions represent positive steps toward rational
solutions to the difficult circumstances in the West.  Most importantly, the
Order highlights the importance of promoting infrastructure investment,
including increased generation, transmission and natural gas pipeline
facilities.

The Commission's immediate actions, which will expire on December 31, 2001,
include:

-Requiring the California ISO and transmission owners within the WSCC to
provide FERC with a list of short-term grid enhancements.

-Extending and broadening waivers of operating and efficiency standards and
fuel use requirements for qualifying facilities (QF).

-Providing wholesale power sales from generation used primarily for backup
and self-generation for businesses with prior notice waivers and market-based
rate authorization.

-Allowing wholesale and retail load reduction to be resold at wholesale
market-based rates.

The Commission seeks comment on several other proposals, including:

-Rolling in new supply interconnection and upgrade costs.

-Increasing the rate of return on equity for projects that significantly
increase transmission on constrained and new routes in the near term.

-10-year depreciation for short-term transmission projects, and 15-year
depreciation for upgrades involving new rights of way that can be in service
by November 1, 2002.

-Use of the interconnection authority set forth in FPA  o210(d) to help
alleviate obstacles to electric supply reaching load.

EPSA's Comments

In its conclusion, the Commission stated that comments should be "concise and
focused."  Accordingly, we suggest that EPSA's comments focus on the
following areas:

? Applaud the Commission's effort to increase supplies from QFs, but
encourage it to provide relief from existing contracts by allowing QFs to
sell to creditworthy parties.

? We understand that there are ongoing differences of opinion regarding the
relative merits of an incremental versus a "rolled in" approach to
interconnection and upgrade costs.  Therefore, while we may lack a consensus
on the question as a final policy position, we believe that the extreme
circumstances surrounding the Order, and the urgent need to move power
quickly into the Western system, make it wise to endorse FERC's instant
recommendation.

? The Commission's proposed actions to create and enhance incentives relating
to expanding and improving the transmission infrastructure through higher
ROEs and accelerated depreciation schedules are positive steps.  The
Commission normally conditions such premiums on meaningful participation in
regional transmission organizations.  However, given the current situation
and the immediate impact of any projects that might be entitled to the higher
ROE, EPSA could support this proposal.

? Constraints on the gas infrastructure have a generally adverse impact on
the energy supply system.  Therefore, the Commission's proposed waivers of
blanket certificates and rate incentives to expedite construction projects,
are favorable developments.

We will discuss the Order and EPSA's comments during tomorrow's Regulatory
Affairs/Power Marketers' conference call.  In addition, we have been asked to
consider what type of short-term relief could be included in federal
legislation.  We will discuss this question as well.  To access the call,
dial 1-800-937-6563 and ask for the Julie Simon/EPSA call. In the meantime,
if you have any questions, please contact either Julie Simon, jsimon@epsa.org
or Mark Bennett, mbennett@epsa.org at (202 628-8200).


Can you get w/ Staci and take care of this request?
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 01/10/2000
04:51 PM ---------------------------

"Tetrault, Charles D." <ctetrault@velaw.com> on 01/05/2000 12:03:39 PM
To: "'Holtzman, Staci'" <sholtzm@enron.com>, Richard B Sanders/HOU/ECT@ECT
cc: "'Reasoner, Barrett H.'" <breasoner@Gibbs-Bruns.com>
Subject: Black Marlin / Blue Dolphin

Becky just faxed Larry McBride's December 13 letter to Barrett and me
regarding Blue Dolphin's demands concerning the defense of Black Marlin in
the Quinque litigation.

We assume that no response has been sent to McBride or to Blue Dolphin and
that you want our advice or help in drafting a response.  If so, would you
please send us copies of the applicable documents, which we assume would
include the September 28, 1998 Purchase and Sale Agreement referenced in
McBride's letter.  Thanks.

Charles D. Tetrault
Vinson & Elkins L.L.P.
ctetrault@velaw.com
(202)-639-6551
(202)-639-6604 [fax]

 - att1.unk


FYI.

Bob

---------------------- Forwarded by Robert Cotten/HOU/ECT on 04/30/2001 10:46 AM ---------------------------

Bob Withers <rww@KCSEnergy.com> on 04/30/2001 09:06:14 AM
To:	"Bob Cotten (E-mail)" <Robert.Cotten@enron.com>
cc:	Stretch Brennan <djb@kcsenergy.com>
Subject:	f.o.m. HPL nom. eff. May 1, 2001 - Dickinson

This is the estimated Dickinson nomination for the month of May 2001.  The
HPL nomination volume to be effective 5/1/2001 is:

			      600	MMBtu/day for KCS Resources (8/8ths)
	         _____
		      600	MMBtu/day Total (assumed Btu factor of 1.083
@ 14.65 dry)

If you need additional information, KCS' field contact is Stretch Brennan in
Victoria: 512 / 576 - 1005.  This is the transaction for which KCS has a
"buy/sell" in place with HPL; therefore, this "production point" nomination
needs to trigger an "mirrored" nomination at the redelivery point (currently
at Riverside).

Bob Withers  <* )) >><
KCS Energy, Inc.
5555 San Felipe, Suite 1200
Houston, TX  77056
Voice 713-964-9434   Fax 713-877-1394


Jeff, You're right. I missed it.  Go ahead and send yours back with the
Singapore operations and current trading operations exclusion and mention
that I agree with your assessment also even though i said fine earlier).

m

	From:  Jeffrey A Shankman                           10/02/2000 01:59 PM

To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Re: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

Singapore is mentioned.  What do you think.  Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
02:00 PM ---------------------------

James M Bannantine@ENRON_DEVELOPMENT
09/26/2000 11:17 AM
To: Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Kristina Mordaunt@Enron Communications, Scott Sefton@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicki Sharp@EES, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen Wallace@ENRON,
Mark E Haedicke@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Michael Moran@ENRON, Randy Young@ECT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Labanowski@ECT, Eric
Newell@ENRON, Janet Place@ENRON, Mark A Evans/HOU/EES@EES, Al
Alexanderson@Enron, Stephanie Harris@ENRON, Rob Walls/NA/Enron@Enron, Rex
Rogers@ENRON, Greg Whalley@ECT, Ken Rice@ENRON COMMUNICATIONS, Andrew S
Fastow@ECT, Lou L Pai@EES, Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sanjay Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David W Delainey@ECT, Stanley
Horton@ENRON, Bill Donovan@ECT, Diomedes Christodoulou/SA/Enron@Enron, James
L Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill Cordes@ENRON, Larry
DeRoin@ENRON, Peggy Fowler@ENRON, Lance Schuler@ECT, Mark Frevert@Enron, Mike
McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shawn
Cumberland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon@ECT, Jeffrey
Sherrick@ENRON, J Mark Metts@Enron, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

I have not followed this closely  but question why we would give a noncompete
for this much of Asia in exchange for what I gather is an increased
expectation in the valuation of Newco in the future if we want to sell.  This
was the one question I have asked about Dragon all along.  It is a big piece
of the world to do everything as a minority with these two other partners
going forward (or have them have a right of first refusal over whatever we
do).  It is difficult to predict the future and this seems restricitive.
Maybe I don't understand it all.

Bruce Lundstrom
09/25/2000 03:54 PM
Sent by: Liz N Martinez
To: Kristina Mordaunt@Enron Communications, Scott Sefton@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicki Sharp@EES, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen Wallace@ENRON,
Mark E Haedicke@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Michael Moran@ENRON, Randy Young@ECT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Labanowski@ECT, Eric
Newell@ENRON, Janet Place@ENRON, Mark A Evans/HOU/EES@EES, Al
Alexanderson@Enron
cc: Stephanie Harris@ENRON, Rob Walls/NA/Enron@Enron, Rex Rogers@ENRON, Greg
Whalley@ECT, Ken Rice@ENRON COMMUNICATIONS, Andrew S Fastow@ECT, Lou L
Pai@EES, Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sanjay
Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David W Delainey@ECT, Stanley
Horton@ENRON, Bill Donovan@ECT, James M
Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Diomedes
Christodoulou/SA/Enron@Enron, James L
Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill Cordes@ENRON, Larry
DeRoin@ENRON, Peggy Fowler@ENRON, Lance Schuler@ECT, Mark Frevert@Enron, Mark
A Evans/HOU/EES@EES, Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shawn
Cumberland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon@ECT, Jeffrey
Sherrick@ENRON, J Mark Metts@Enron, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

General Counsels -

At the direction of the Enron APACHI Office of the Chairman, I am sending
this e-mail to you pursuant to the Enron Corp. Policy on Noncompetition.  I
would appreciate if you would check with your CEO/COO regarding this e-mail
and respond to me by Friday, September 29 if you have questions or concerns.
Enron APACHI may need to commit to the following provisions (that bind Enron
affiliates) by Monday, October 2.

Given the consolidating power generation market in Asia Pacific, Enron Asia
Pacific/Africa/China (Enron APACHI) is proposing to enter into a transaction
with Marubeni and Sithe Asia to combine the respective power generation
portfolios into a single company (Newco).  Newco would be charged with making
the shareholders' investments as liquid as possible to allow for sale of the
shareholders' respective stakes in Newco.

The shareholders believe that Newco must not be seen by the market as a
"dumping ground" for existing power projects but rather as the vehicle
through which the investors will continue to pursue power generation
opportunities in Asia.  As a result, Enron APACHI proposes to include
competition restrictions in the Marubeni/Enron Shareholder Agreement that
would bind their respective affiliates.

The following is a summary of these competition provisions:

Enron affiliates (with the exceptions stated below) could only develop or own
power projects in the Asia Pacific Region (as defined below) after first
offering the opportunity to Newco.  If Newco declines the opportunity, Enron
would be free to own the project itself or offer the project to third parties
provided that the terms do not materially improve.  Development or ownership
does not include the provision of construction, O&M, offtaker or risk
management services.

There are a number of exceptions to this rule:  (a) small projects involving
20 MW or less; (b) projects in which Enron owns less than a 1/3 interest; (c)
projects initiated by our SK joint venture; (d) Korean projects using natural
gas produced by Enron; (e) projects obtained in a corporate acquisition in
which Asia generation is less than 20% of the value of the acquisition; and
(f) situations in which any Enron company would be exposed to fiduciary
liability to another shareholder in complying with the competition
restriction.

"Affiliates" will be defined to exclude Enron affiliates which are
publicly-owned (e.g., Azurix).

"Asia Pacific Region" will be defined to include Brunei, China (including
Hong Kong and Macau), South Korea, North Korea, Taiwan, Vietnam, Laos,
Cambodia, Thailand, Myanmar, the Philippines, Malaysia, Indonesia, East
Timor, Singapore, Papua New Guinea and the Pacific Islands (including Guam,
Saipan, the Federated States of Micronesia, and Fiji, but excluding Hawaii).
It does not include Japan and Australia.

The competition clause would survive until the earlier of (a) Enron selling
its interest in Newco or (b) December 31, 2003.

Thank you,
Bruce Lundstrom, General Counsel, Enron APACHI


Please come join for a resume review.  We will select candidates to interview
for the Enron Analyst Program.  The meeting will take place in EB11C1. I look
forward to seeing you.

Thanks, Geynille


i should be here most of this week unless i get called up to NY city. If i
make it down to houston will call you. I had an old GE Capital friend over
for dinner this week with his family. Tom Kalb works at Enron now and lives
around the corner from me. Not sure what group he is, he seemed to suggest
he just got transferred and is now in some finance group. take care. charlie

----- Original Message -----
From: <Benjamin.Rogers@enron.com>
To: "Charles Costenbader" <charles@capstoneenergy.com>
Sent: Wednesday, October 25, 2000 4:00 PM
Subject: Re:

>
> Charlie:
> Sorry for the delay with the e-mail, I just got back into the office from
> traveling.  We are working hard to sell these assets before year-end -
> they're a beast.  This Friday does not look good for lunch, but I think
> Tuesday or Wednesday of next week works.  I hope this works for you as
> well.  Talk to you soon.
> Regards,
> Ben
>


Sorry, I'm busy...work.


-----Original Message-----
From: Brooks, Raymond M - COB
Sent: Wednesday, November 14, 2001 4:09 PM
To: COB - Finance
Subject: FW: Tektronix finance recruiting

Jim, Chandra, Jon, and Bob:

Tektronix is looking to interview some of our "top" finance students.
Please read the note below and see if you have a senior or MBA student
that you think should forward their resume to Tektronix. David will be
here on campus next Wednesday and if we can have a couple students send
their resume up electronic by Monday he said he can look them over and
get back to the students. I will be out tomorrow morning so if you have
a great student have them send their resume. Otherwise send me the name
and I can try and contact the student. Ray

-----Original Message-----
From: david.h.naemura@exgate.tek.com
[mailto:david.h.naemura@exgate.tek.com]
Sent: Wednesday, November 14, 2001 3:14 PM
To: Brooks, Raymond M - COB
Subject: Tektronix finance recruiting

Raymond:  Thanks again for helping us out.  If you are able to find some
seniors who are interested, we are planning to on-campus in Bexel 202
interviewing some accounting students on Wednesday of next week.  If you
had some resumes, they could be forwarded to my admin, Lisa Logsdon
(lisa.logsdon@tek.com).  It would be best for us if we could receive
resumes by Monday, then we would plan to turn those around quickly and
get word back to those students who we would like to meet with on
Wednesday.

Thanks again for helping us out with our recruiting efforts.  Going
directly through the faculty members who know the students has proven in
the past to be the most efficient and effective manner for us to move
forward.  It
really helps us out.   I can be reached at 503.627.4608 for any
questions or
clarification.

Thanks again

David Naemura
Assistant Corporate Controller

> P
503.627.4608
david.h.naemura@tektronix.com


Jerry, Gary, and Darrell, below is the information on the Soutwest Operations meeting. You are up at 3:00 p.m. on the 22nd of January. Note that the location has changed to EB 13C2. As you know, I'll be in Omaha on the 22nd. thanks. sj

 -----Original Message-----
From: 	Gallishaw, Melinda
Sent:	Monday, January 07, 2002 9:12 AM
To:	January, Steve
Subject:	RE: SW Region Directors Mtg-Jan. 22 & 23, 2002

	I've got you down for 3:00PM on 1/22/02.
	Thanks!

        Melinda Gallishaw
          Enron Transportation Services
        Southwest Operations
        Loc:  3AC3205
        Tel:  713-853-7688
        Fax:  713-646-4808
  melinda.gallishaw@enron.com

 -----Original Message-----
From: 	January, Steve
Sent:	Friday, January 04, 2002 4:19 PM
To:	Gallishaw, Melinda
Subject:	RE: SW Region Directors Mtg-Jan. 22 & 23, 2002

How about 3:00 to 3:30? sj

 -----Original Message-----
From: 	Gallishaw, Melinda
Sent:	Friday, January 04, 2002 4:06 PM
To:	January, Steve
Subject:	RE: SW Region Directors Mtg-Jan. 22 & 23, 2002

	Sure.  You tell me what time works best for you.  I'm shooting blanks.  :)
	Thanks!

        Melinda Gallishaw
          Enron Transportation Services
        Southwest Operations
        Loc:  3AC3205
        Tel:  713-853-7688
        Fax:  713-646-4808
  melinda.gallishaw@enron.com

 -----Original Message-----
From: 	January, Steve
Sent:	Thursday, January 03, 2002 4:33 PM
To:	Gallishaw, Melinda
Subject:	RE: SW Region Directors Mtg-Jan. 22 & 23, 2002

Melinda, is there any chance that my group could be moved to the afternoon of the 22nd, or late morning? thanks. sj

 -----Original Message-----
From: 	Gallishaw, Melinda
Sent:	Thursday, January 03, 2002 2:39 PM
To:	January, Steve; Pool, Deelyn; Nabors-Collins, Judy; Brasher, Barney; Clark, Scott; Harkreader, Jerry ; Hernandez, Dahlia; Jolly, Rich; Lebeau, Randy; Stephens, LD
Cc:	Pribble, Dan
Subject:	SW Region Directors Mtg-Jan. 22 & 23, 2002
Importance:	High

	Please submit your agenda items for Dan's meeting on January 22 & 23 to me no later than, January 15, 2002.
	Below is what I have to date for our agenda.

	January 22, 2002
		8:00AM - 8:30AM - Steve January - Outage Coordination

	January 23, 2002
		8:00AM - 3:00PM - Barney Brasher - 2002 Financials
		(Our entire day is for Barney and his group.  Hopefully we will be done by 3:00PM)

	I will send out the final agenda on January 18, 2002.

	Thanks!

        Melinda Gallishaw
          Enron Transportation Services
        Southwest Operations
        Loc:  3AC3205
        Tel:  713-853-7688
        Fax:  713-646-4808
  melinda.gallishaw@enron.com

 -----Original Message-----
From: 	Gallishaw, Melinda
Sent:	Wednesday, December 19, 2001 4:08 PM
To:	January, Steve; Brasher, Barney; Clark, Scott; Harkreader, Jerry ; Hernandez, Dahlia; Jolly, Rich; Lebeau, Randy; Stephens, LD
Cc:	Pribble, Dan
Subject:	Jan. 22 & 23, 2002
Importance:	High

PLEASE NOTE:

Dan's Director/Staff meetings scheduled for January 22 - 23, 2002 will be held in the Enron building.  Originally these meetings were going to be held at the Sheraton Houston North.  I have canceled all reservations with the Sheraton.

You need to make your own hotel reservations at the hotel of your choice.

January 22 - 23, 2002 meetings will be held in EB13C2 (7:30AM - 5:00PM).
Agenda will be distributed at a later date.

Call me if you have any questions.  Thank you.

        Melinda Gallishaw
          Enron Transportation Services
        Southwest Operations
        Loc:  3AC3205
        Tel:  713-853-7688
        Fax:  713-646-4808
  melinda.gallishaw@enron.com


Jackie and Stella,

I need ya'll to get together and work out how to handle this at Stratton.  I
know that we get the estimated volume from Exxon daily and I would think that
this volume will need to be allocated among the different deals.  But, Exxon
will not have them broken out.

D

Jackie Young
02/01/2000 03:19 PM
To: Daren J Farmer/HOU/ECT@ECT
cc: Anita Luong/HOU/ECT@ECT, George Grant/HOU/ECT@ECT
Subject: 98-3405 Activity Being Allocated/Nomed @ 98-9643

Daren,

Can you please "0" all activity on Sitara Deal Tickets 113858, 93779, 138094,
120866, 138544, 139661 (relative to 98-3405)?  This activity is now being
nomed @ 98-9643.  I think that I've referenced all of the deal tickets @ this
meter.

Thanks
-Jackie-
3-9497


Hello All -- I intended to mention this issue on this morning's regulatory
call.

The following is background information on the Cary Oil Co., Inc. v. MG
Refining and Marketing case which has called into question the retroactivity
of the CFMA's non -repudiation provisions (Section 25(a)(4)).  The brief
must be filed by February 8, 2002 and is currently being prepared by Dan
Cunningham at Allen and Overy.

Request:
ISDA has asked the following organizations to join the brief: Bond Market
Association; Securities Industry Association, Futures Industry Association,
Financial Services Roundtable, American Bankers Association; ABA Securities
Association as we believe this is an important and necessary exercise to
preserve the intent of the nonrepudiation provisions of the CFMA.   We would
appreciate any efforts you might be able to make to encourage  the other
trade associations to join this effort.

> Background:
> CFMA - The provisions in question amended Section 22(a) of the CEA to
> provide a safe harbor so that excluded transactions would not be voidable
> based solely on the failure of the transaction to comply with the terms or
> conditions of an exclusion or exemption from the Act or CFTC regulations.
> The House Agriculture Committee included report language addressing these
> provisions; "The Committee acknowledges that categories of
> over-the-counter transactions, such as certain commodity swaps that may be
> traded under the current swaps exemption, have not been excluded or
> exempted under the terms of this Act.  The Committee intends that any
> failure to provide a statutory exclusion or exemption for these categories
> of swap transactions does not reflect, and should not be construed to
> reflect, a determination by Congress that these categories of swaps
> transactions are subject to the Commodity Exchange Act.  Also relevant is
> pre-existing language in Section 25 that states "the provisions of this
> section shall become effective with respect to causes of action accruing
> on or after the date of enactment of the Futures Trading Act of 1982."
>
>
> Cary Oil Co., Inc. v. MG Refining and Marketing
> Historically, the case arises out of petroleum contracts between the
> parties that included a pricing mechanism that allowed a counterparty to
> blow out of the contract when the NYMEX price exceeded the contract price.
> In hedging the transaction, MG became too exposed and word got out that
> they were seeking to renew their long-term contracts.  The market started
> to turn against them and ultimately, the transactions were unwound all at
> once.   MG now alleges that those contracts were off-exchange futures
> contracts and thus void.  At the time, NYMEX conducted an investigation
> and a consent order was issued. Now, a second suit has been initiated in
> which MG filed for summary judgment claiming that CFMA amendments to the
> CEA were not retroactive.
>
> Federal Magistrate Judge Eaton issued a decision in a civil action the
> week of January 7, 2002 recommending that Judge Marerro find that Section
> 25(a)(4) (enforceability of derivatives contracts) is prospective only.
> Specifically, Magistrate Judge Eaton held that since it was "unclear why
> Congress chose Section 25 as the place to insert (in the CFMA) the new
> sub-section about contract enforcement..." it should thus apply
> prospectively only.  Thus, the consideration of Section 25(a)(4) as an
> issue and the necessity to submit a brief supporting the retroactivity the
> CFMA's non-repudiation provisions. Submitting a brief to Judge Marerro
> would assist in emphasizing that market participants believed that this
> issue was put to rest with the passage of the CFMA in December 2000.
>
>
>
> Stacy Carey
> Policy Director
> International Swaps and Derivatives Association
> 600 5th Avenue, 27th Floor
> Rockefeller Center
> New York, NY  10020
> (212) 332-1202 ph
> (212) 332-1212 fax
> (917) 543-9622 cell
> scarey@isda.org
>
>
>
>


Maybe you guys were, but I wasn't aware that DWR was doing this.  Thus, the
IOU default on the ISO grows.
Sue

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 02/08/2001 11:11 AM -----

	"Ronald Carroll" <rcarroll@bracepatt.com>
	02/08/2001 11:05 AM

		 To: <acomnes@enron.com>, <jdasovic@enron.com>, <jsteffe@enron.com>,
<mary.hain@enron.com>, <smara@enron.com>
		 cc:
		 Subject: Fwd: DJ Calif/Power Purchases -2: DWR Ducking Its Duty -Reliant

----- Message from "Tracey Bradley" <tbradley@bracepatt.com> on Thu, 08 Feb
2001 09:19:53 -0600 -----
To:	"Paul Fox" <pfox@bracepatt.com>
cc:	"Andrea Settanni" <asettanni@bracepatt.com>, "Jeffrey Watkiss"
<dwatkiss@bracepatt.com>, "Ronald Carroll" <rcarroll@bracepatt.com>
Subject:	DJ Calif/Power Purchases -2: DWR Ducking Its Duty -Reliant
FYI - Testimony at the court hearing yesterday revealed that the DWR is
making the California ISO cover the difference between the real-time power
DWR finds appropriately priced and what the state needs to buy to prevent
blackouts.  The purchases by the ISO will then be billed to the state's three
IOUs, two of which are not paying their bills.

DJ Calif/Power Purchases -2: DWR Ducking Its Duty -Reliant
Copyright , 2001 Dow Jones & Company, Inc.

The issue came up in hearings on a lawsuit filed by the California
Independent System Operator, which runs the state's transmission grid,
against Reliant Energy (REI), which wants to be allowed not to sell power to
California if the state won't guarantee that it will be paid.

     Reliant is concerned that it won't be paid for power being bought by the
ISO on the utilities' - rather than the DWR's - behalf.

     "We're willing to sell to the DWR, but they're not willing to step up to
the plate," said Terry Houlihan, an attorney with Reliant. "The DWR has money
for short- and long-term power purchases. It can avoid the situation if it
does what the state Legislature said. Then there would be no need for a
restraining order."

     The court issued a restraining order Tuesday night requiring Reliant to
sell power to California Wednesday, then extended the order for another day
Wednesday night.

     The rapidly deteriorating creditworthiness of PG&E Corp. (PCG) unit
Pacific Gas & Electric Co. and Edison International (EIX) unit Southern
California Edison first left generators unwilling to supply power to
California in mid-December, when the U.S. Department of Energy intervened
with an emergency order requiring suppliers to deliver spare power to
California on demand.

     That order was extended several times, but expired Wednesday.

     Last week, the California state Legislature moved to secure the state's
power supplies by passing a bill authorizing the DWR to enter into contracts
to buy power and to finance those purchases by selling billions of dollars in
bonds.

     The idea was to shift power purchases to a buyer with better credit than
the utilities. While the bill didn't make the department responsible for
covering the state's power needs, the clear message from the governor, the
Legislature and the DWR was that the department would secure the power the
utilities couldn't buy on their own.

     That apparent mission might have been altered in the face of the state's
own mounting power bills, Maviglio said. The DWR has spent $40 million to $50
million a day buying power and has consumed around $750 million since it took
over the job in earnest on Jan. 17.

     According to testimony at Wednesday's hearing, the DWR has left it to
the California ISO to cover the difference between the real-time, or
emergency, electricity it finds appropriately priced and what the state needs
to buy to keep the lights on.

     The ISO, in turn, has been billing the state's three investor-owned
utilities for power it buys to cover the needs of their customers.

     "In emergency dispatches, the DWR has not agreed to pay a certain
price," said Jim Detmers, and operations officer at the California ISO. "If
the DWR does not agree that it will pay a certain price, then it will not
procure that power. The ISO will be forced to procure it. Then the ISO will
bill the utility wherever the power is needed."

     The utilities have together defaulted on hundreds of millions of dollars
in debt service obligations and power bills, and have said they would already
have run out of cash had they paid their bills on time.

     The volume of power left over by the DWR wasn't known.

     A spokesman for Southern California Edison said that, to date, the
utility is unaware that it's being billed for ongoing power purchases.
Pacific Gas & Electric wasn't available for comment.

     The ISO normally bills for power up to 60 days after it's delivered.

     The California Electricity Oversight Board, which oversees the
operations of the ISO, dismissed the generators' concerns, saying they were
threatening to withhold supply to gain leverage to force the DWR to sign
long-term contracts at high prices.

     The ISO, however, indicated that credit concerns remain an issue.

     "The credit issue is an ongoing problem," Detmers said. "Some generators
have indicated they would not supply California, because they are not being
paid."

     Steve Fleishman, an analyst at Merrill Lynch, said California needs to
take steps to alleviate those concerns.

     "In the end, there has to be a creditworthy party and someone who is
willing to pay to backstop this situation," Fleishman said.

     Said Reliant President and Chief Operating Officer Joe Bob Perkins in
letter to Gov. Davis Tuesday night, "Unless an immediate change in direction
occurs, the California ISO and the Department of Water Resources have set the
stage today for a return to credit-driven blackouts in California."

     The ISO argues that Reliant has contractual obligations to continue
supplying power to California.

     -By Jason Leopold, Dow Jones Newswires; 310-666-9986;
mailto:jason.leopold@dowjones.com(Andrew Dowell in New York contributed to
this article.)

     (END) Dow Jones Newswires 08-02-01


-----Original Message-----
From: 	"webmaster@nationalcar.com" <webmaster@nationalcar.com>@ENRON [mailto:IMCEANOTES-+22webmaster+40nationalcar+2Ecom+22+20+3Cwebmaster+40nationalcar+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, May 24, 2001 2:04 PM
To:	Arnold, John
Subject:	Promotion Optin - Test

Thank you for choosing to receive promotional messages from National Car Rental.  You have given us the email address john.arnold@enron.com as the place you want your marketing messages sent. Is this correct?  If you've subscribed in error, please reply to the email and put "Unsubscribe" in the subject line.

Again, we thank you for signing up and look forward to providing you with Great car rental deals!

Webmaster


FYI.  Something's wacky with your server.  I got Rick's note, but ain't
received your original.  And you are, indeed, awesome, MRS. Hunter.

Best,
Jeff


fyi  Marg
---------------------- Forwarded by Margaret Carson/Corp/Enron on 08/21/2000
04:17 PM ---------------------------
From: Simon Shih on 08/21/2000 03:57 PM
To: Margaret Carson/Corp/Enron@ENRON
cc:

Subject:


Per our conversation.  Help!!

-----Original Message-----
From: Williams, Jaime
Sent: Wednesday, November 14, 2001 12:58 PM
To: Concannon, Ruth
Cc: Irvin, Steve
Subject: FW: Rio Bravo Open Season

FYI...

-----Original Message-----
From: Julie Smith [mailto:ibsjhs@earthlink.net]
Sent: Wednesday, November 14, 2001 10:28 AM
To: Williams, Jaime
Subject: Fw: Rio Bravo Open Season

Jaime:
Here is the attached CA from El Paso should you have interest in pursuing
capacity on the proposed pipeline to Rio Bravo.
Julie Smith
303-279-1419
----- Original Message -----
From: "Calvo, Armando" <Armando.Calvo@ElPaso.com>
To: <ibsjhs@earthlink.net>
Sent: Monday, November 12, 2001 10:08 AM
Subject: Rio Bravo Open Season

>
> Please find the attached message about the Rio  Bravo Project.
>
> Thank you.
>
>
>
>  <<Carta OPEN SEASON RIO.doc>>  <<Rio Bravo Open Season Confidentiality
> Agreement 110801.DOC>>
>
>
> ******************************************************************
> 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.
> ******************************************************************
>


The Board has asked for a draft communications plan.  Attached is an outline.  Obviously, it is a bit premature to finalize the plan, so this presentation just reviews different scenarios.

 -----Original Message-----
From: 	Hiltabrand, Leslie
Sent:	Sunday, November 04, 2001 2:35 PM
To:	Kean, Steven J.
Subject:	FW: Powerpoint Slide

 -----Original Message-----
From: 	Hiltabrand, Leslie
Sent:	Sunday, November 04, 2001 1:41 PM
To:	Rieker, Paula
Subject:	Powerpoint Slide


I told Miller that you and him should sit down and discuss the PPA.


You may think you've seen this, but don't be so sure.  There's lots of good
stuff on this one - takes a while to see it all, but worth it (probably only
if you're Republican, though!).  Be sure to click on "Palm Beach Pokey,"
"GORinch," and the other links at the top of the page.

Have a great weekend!  SRS

 - Dancin Dubya.htm


Start Date: 1/3/02; HourAhead hour: 20;  No ancillary schedules awarded.  Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010320.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 20 / Preferred:  18.07 / Final:  18.04)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 1/3/02
  SC_ID: ENRJ


This appears to be a note that was sent a very long time ago and just showed
up in your in-box.  I'm thinking it was the decision to raise rates that
happened beginning of January.

Best,
Jeff


Good Afternoon!
It's Wednesday, January 16, 2002.
Today's news awaits...!

>>WHAT IS HOWARD TALKING ABOUT TODAY?

>Trustees Host Student Reception (01/17/02)
Howard University Undergraduate Trustee Breana Smith and Graduate Trustee
Reginald McGahee
invite all students to meet members of the University's Board of Trustees
during a reception on
Thursday, Jan. 17, at 7 p.m. in the Blackburn Gallery Lounge.  Inquiries may
directed to Ms. Smith
at 202-806-2250.

>Wealth Seminar Could Lead to "Extra Credit" (01/19/02)
The first of the "2002 Wealth Building" series kicks off Saturday, January
19, at the Howard University
School of Business with a workshop on building and maintaining good credit.
On-site credit card registration
($25) is now available.  The five-part series is sponsored by The
Washington, D.C., Chapter of the National Black
MBA Association and the Howard University School of Business.  For more
information, click onto
http://www.dcbmbaa.org/forums/wealthseries/wealthseries.htm (or call
202-638-0138).

>Deadline to "Get Physical" Nears (01/28/02)
Howard University's Department of Physical Therapy invites all students to
consider a career in
the field.  Interested applicants are reminded that the deadline for the
Fall 2002 program is Jan. 28.
Call (202) 806-7613 for information!

>Pickering Fellowship Deadlines Set (02/22/02)
The Pickering Foreign Affairs Fellowships offer fully funded tuition, room
and board and overseas internships
to qualified undergraduate and graduate students.  The deadline for this
State Department/Woodrow Wilson
Foundation application is February 22 for undergraduate applicants
(sophomores) and March 1
(seniors applying for graduate school).  One of the nation's most
prestigious fellowships, the FAF
seeks students interested in international affairs/Foreign Service careers.
Applications, information and
assistance with the process are available from the Diplomat in Residence at
the Bunche Center .
For more information, call 202-806-4363.

>Pepsi Offers Winter Internships
The Pepsi Bottling Group announces two internships available to Howard
University students in good
standing. The positions are open to creative juniors and seniors (sophomores
will be considered) who will
assist sales, operations and marketing personnel in executing specific
programs, strategies and Pepsi's
overall presence and sales performance, particularly at the "grass roots"
level.  Qualifications include:
attention to detail, ability to work independently, good interpersonal and
communications skills, good
time management skills, and the ability to lift a minimum of 25 pounds.
Interested candidates must have a car.
The stipend for each 10-week internship is $15/hour (approximately 15-20
hours/week).  Applicants should
submit resumes to:  Ms. Juanita Edwards,  Office of Auxiliary Enterprises,
Howard University, 2224 Tenth St., NW,
Washington, D.C. 20059.

>>WHAT ELSE IS HOWARD TALKING ABOUT TODAY?

>-"Building Wealth" Workshop Series Kicks Off		(01/19/01)

>-Department has "Keeping the Faith" Covered		(01/24/02)

>-Clinical Research Seminars Scheduled			(01/25/02)

>-Udall Scholarships Offered 				(DEADLINE:
01/31/02)

>-Jordan Scholars Program Seeks Applicants 		(02/15/02)

>-Health Care Quality Fellowship Offered

>-Howard is Site of Health Management Fellowship

>-Stokes Library Announces Database Trials

>-IMPORTANT NOTICE FOR RESEARCHERS

For more Howard University news and information:
http://www.howard.edu/newsevents/campushappenings


Please plan to attend a Blackwater TA finalization meeting Today at 11:30 am
in eb 751.


Something you guys might want to support....

-----Original Message-----
From: Hill, Karen [mailto:khill@aga.org]
Sent: Wednesday, June 06, 2001 2:08 PM
To: #FRCEMAIL; State Regulatory Committee; RATECTE-LDCs
Subject: Proposed NARUC resolution on hedging

Attached below is a resolution that EEI is considering proposing to NARUC
recommending that regulators allow utilities to recover the costs of
hedging.  Please let me know if the language of this resolution is
acceptable to your company.  One concern that has occurred to me is whether
we would always want to pass along to consumers the gains and losses
incurred under risk mitigation programs.  If not, then we might want to
suggest adding some language to the effect that while such rate treatment
would certainly be appropriate, companies might opt for a program where
gains or losses incurred under risk mitigation programs are not reflected in
rates at all.   Thanks for your attention and input.  EEI is looking for
comments by June 13.

A. Karen Hill
Vice President Regulatory Affairs
American Gas Association
400 North Capitol Street
Washington, DC 20001
202-824-7225
202-824-9125 (fax)
khill@aga.org <mailto:khill@aga.org>

 - EEI hedging resolution.doc


Friday am is the only time this week that works for me.

Herman Manis
08/02/2000 11:38 AM
To: Karen E Carter/NA/Enron@Enron
cc: Lisa Bills/Corp/Enron@ENRON, Roseann Engeldorf/Corp/Enron@ENRON, Kay
Mann/Corp/Enron@Enron

Subject: Re: Austin Energy LM 6000 transaction

Lisa Bills and Roseann Engeldorf and Kay Mann need to be involved.  Thursday
afternoon or Friday is good for me.

Karen E Carter
08/01/2000 01:46 PM
To: Roger Ondreko/HOU/ECT@ECT, Herman Manis/Corp/Enron@ENRON
cc:
Subject: Austin Energy LM 6000 transaction

Roger/Herman,

I've recently joined Ben Jacoby's Project Development team and have been
asked to look into how we can remove the four LM 6000 turbines from the West
LB structure for transfer to the Austin project.  As I realize that this
transfer must be managed carefully in order to avoid placing these turbines
and the remaining assets in the West LB structure on our balance sheet, I was
wondering if you could offer some guidance regarding this issue.
Specifically, if we could set up a meeting for Thursday or Friday of this
week to discuss how this might be accomplished, I'd appreciate it.

Thanks.


testing 1 2 3.


Doug,

I am not available until 2:30pm.  Is it possilble to push back the start?

Doug Arnell@ENRON_DEVELOPMENT
10/10/2000 10:15 AM
To: Scott Neal@ECT, Stephanie Miller@ENRON, Colleen Sullivan@ECT, Eric
Groves@ECT, Ned E Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT, Julie A Gomez@ECT
Subject: Bahamas LNG Terminal

This is to confirm a meeting on Thursday, Oct. 12, from 2-3 pm regarding the
Bahamas/South Florida LNG Project.  The meeting will take place in Mike
McConnell's office (EB3328).

Scott Neal will join the meeting at 2:30 pm.

Thanks


We'll soldier on...
--------------------------
Dan Lyons

-----Original Message-----
From: Mann, Kay <Kay.Mann@ENRON.com>
To: Lyons, Dan <Dan.Lyons@ENRON.com>
Sent: Fri Dec 14 14:49:47 2001
Subject: Re: Monday Call

I have an am dr appt.  Fine with me if you carry on and give me an assignment. Otherwise, it woukd nedd to be early or after 100.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Jean and Mike,

To my knowledge, we have still not received the wires listed below.
Please advise.
Thanks,

Sheila
713-853-3210

Bear Stearns
Outstanding Wire Requests

Entitiy	Date Wire Requested	Amount	Notes

Enron North America	12/14/2001	          159,022.86

Enron Credit Inc.	1/11/2002 (1/7/02 request changed)	            66,027.35

ECT Europe Finance	1/11/2002	            26,401.31

Jedi II	12/21/01 (requested FX conversion)	              4,545.00 	        2,198.15
	1/15/02 (Requested CAD to CAD a/c)		  3,742.82 CAD
	1/16/02 (Requesting FX conversion)

	Outstanding  wire requests	          255,996.52


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 04/16/2001
09:13 AM ---------------------------

"SoRelle, Andrea L" <ASoRelle@h-s.com> on 04/13/2001 11:05:07 AM
To: "'matthew.lenhart@enron.com'" <matthew.lenhart@enron.com>
cc:

Subject: FW: granny

i like this one...

>  <<Grannyl.mpg>>
>
>
> ---------------------- Forwarded by Amy Clemons/Corp/Enron on 12/07/2000
> 11:40 AM ---------------------------
>
>
> TinaCannon@aol.com on 12/07/2000 11:20:41 AM
>
> To:   mrbeddin@utmb.edu
> cc:   LydiaSamBen@aol.com, briggsrebecca@hotmail.com,
>       hillarycannon@yahoo.com, scannon@esc6.net, amy.clemons@enron.com,
>       RTCroyle@cs.com, matt@iwayloan.com, misstiny24@hotmail.com,
>       Kate.Delaney@lyondell.com, Nonaniblik@aol.com, Joziggy@hotmail.com,
>       LBell1921@aol.com, ACANNON51136779@aol.com, KHERBahome@aol.com,
>       akristinik@hotmail.com, vlott@flash.net, aggiemomma@juno.com,
>       chickahdee@hotmail.com, picklesnichols@hotmail.com,
>       bmurphy101@yahoo.com, Malaise.Murphy@collegehire.com,
>       Dan_Peters@aimfunds.com, Aly1176@aol.com, rachel.stiver@chi.ddb.com,
>       shannon_stofer@hotmail.com, Eliztekell@aol.com,
>       Alan_Vestergaard@hotmail.com, wheeler_holly@hotmail.com,
>       wendy_wright@dell.com
>
> Subject:  granny
>
>
> please take the time to download this.
> (See attached file: Grannyl.mpg)
>
>

 - Grannyl.mpg


Dear Mr. LARRY CAMPBELL:

Thank you for your order.

You bought 100 shares of BRCD (Brocade Communications Sys I Com) at 168 7/8.

ORDER DETAILS:
The tracking number for this order is: B-300-AAZK-8593
Order entered at:                      10:46:03 on 11/30/00
Order processing began at:             10:46:03
Order executed at:                     10:46:03 on 11/30/00

ACCOUNT DETAILS:
Time and Date: 10:46:04 on 11/30/00
Your position in BRCD is 100 shares
Your real cash total is $-11,196.41

You will receive a printed Datek Online confirmation by postal mail, or by
electronic delivery if you are subscribed to that service.

Questions regarding this transaction? Contact our Customer Support department
by e-mailing support@datek.com. Please reference the order tracking number.


HERE IS THE OTHER ONE...


Attached are the Performance test guidelines exhibit F from the Goldendale
Contract.  These were reviewed in quite a bit of detail between Tony Butler
and the GE Perf Test Engineers.

 - EXHIBIT F  PERFORMANCE TEST GUIDELINES.doc


Vince:  As you requested, I have obtained some information from Norma
relating to the salary parameters of the Sr. Director position.   The minimum
salary is $83,800, and the maximum is $168,000 (huge range, isn't it?).
However, Norma did ask me to bring a couple of things to your attention:  the
lowest salary of a VP in your group is currently $140,000, and the average
director's salary in your group is $120,000.    Those numbers narrow the
range considerably.   Of course, there is no equity issue since there is no
other senior director in your group.

Hope this information helps,
Molly


Chris,

The first file might have gone to a wrong Chris Long.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/27/2000
05:33 PM ---------------------------

	Enron North America Corp.

	From:  V Charles Weldon                           09/27/2000 12:22 PM

To: christopher.long@enron.com
cc: Mike A Roberts/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
Subject: Nymex

Chris,

Here is the analysis you requested.    Let me know if I can be of any further
assistance.

Charlie Weldon


----- Forwarded by Jeff Dasovich/NA/Enron on 01/04/2001 11:01 AM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	01/04/2001 11:02 AM

		 To: skean@enron.com, Richard Shapiro/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT, Harry Kingerski/NA/Enron@Enron
		 cc:
		 Subject: Update from EES Call this Morning

EES' receivables related to PX-credit payments that PG&E continues to
withhold has grown dramatically
EES is going to meet internally to re-visit the issue of putting customers
back on utility service (but honoring the financial terms of our contracts)
They will try to convene a meeting, as early as Tuesday to discuss the
switch-back issue w/Steve, Mark, Blachman, Sunde, etc., similar to the
meeting held a couple of weeks ago
Given the market's negative response to the Commission's decision, EES will
immediately try to tie up bankruptcy counsel in anticipation of the fact that
the utilities may be forced to file, which EES estimates will occur by end of
next week, if it happens


Please join us for a celebration of Energy Operations promotions, hosted by
ENA Energy Operations Management Team.  The following people will be honored
at Irma's (22 N. Chenevert @ Franklin) on Thursday, February 3, 2000 from
5:30 pm - 7:30 pm.

 Brent Price  Kristin Albrecht   Brenda Herod
 Leslie Reeves  Mary Solmonson  Scott Pleus
 Sheri Thomas  Bennett Kaufman  Richard McKeel
 John Postlewaite Sylvia Campos   Kam Keiser
 Phillip Love  Anthony Campos  Kori Loibl
 Trang Le  Donnie Vinson   Imelda Frayre
 Amy Degeyter  Michael Nguyen  Sherlyn Schumack
 Karie Hastings  Leslie Smith

Please RSVP by Friday, January 31 to Patti at ext. 39106 or e-mail reply.
Directions will be available Monday at Patti's desk (3012f).
Hope to see you there!


Tina - Please move Richard Ring to ECN 623a.  Liqun Pan is also on the fifth floor in ECS.  You can move her to ECN 680a.  Oliver Jones has already communicated his move location to the move team.

If you have questions call me at x.35330.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Wednesday, January 30, 2002 11:07 AM
To:	Ring, Richard; Wurlitzer, Rick; Smith, Paul N
Cc:	Holcombe, Tina ; Deborah D Merril/HOU/EES@ENRON; Black, Tamara Jae
Subject:	Move Location to 6 in Old Enron Building (ECN)

Richard, Rick, and Paul:

Can you please go scope out a spot on 6 in ECN as soon as possible (today).  Please notify Tina Holcombe of the location so that she can designate for the upcoming churn (computer and telephone move). Once on ECN6 Deb will work to finalize a permanent floor plan.

Deb - Richard is out today.  Could you please locate a spot for him and notify Tina.  Deb - also, if Liqun Pan, Oliver Jones and others have already moved to ECN 6 and still have phone lines and computers in ECS 5 you may want to forward their info (locations - old and present) so that they can be included on this churn as well.

Thanks everyone,
Rogers


-----Original Message-----
From: 	Wright, Alice
Sent:	Tuesday, November 27, 2001 9:20 AM
To:	Fitzgerald, Genia; Hall, Steve C. (Legal); Hansen, Leslie; Mann, Kay; McCullough, Travis; Moore, Janet H.; Murphy, Harlan; Nettelton, Marcus; Portz, David; Sager, Elizabeth; St. Clair, Carol; Wright, Alice; Yoder, Christian; Haldeman, Sandy; Keesler, Martha; King, Jan M.; Simmons, Linda J.; Zucha, Theresa
Subject:	Power Trading Group Meeting MOVED
Importance:	High

Good morning,

The 10:00 a.m. Power Trading Group Meeting is being rescheduled for 2:00 p.m. today in EB3872.      Please plan to attend and we apologize for any inconvenience.    Thanks.

Alice Wright
Enron Wholesale Services - Legal
1400 Smith St., EB3809A
Houston, Texas 77002
Tel:  713-853-5438
Fax: 713-646-3491
alice.wright@enron.com


---------------------- Forwarded by Audrey Robertson/ET&S/Enron on 07/17/2000
12:50 PM ---------------------------

	From:  Dave Schafer                           07/17/2000 10:33 AM

Sent by: Lisa Costello
To: Ricki Winters/ET&S/Enron@Enron, Audrey Robertson/ET&S/Enron@ENRON, Linda
Wehring/ET&S/Enron@ENRON, Amelia Williams/FGT/Enron@ENRON, Melinda
Gallishaw/OTS/Enron@ENRON, Tammy Kovalcik/FGT/Enron@ENRON, Alicia
Lenderman/FGT/Enron@ENRON, Zelda Paschal/FGT/Enron@ENRON, Maria
Perales/ET&S/Enron@ENRON, Cynthia Mayes/NPNG/Enron@ENRON, Sarita
Garza/FGT/Enron@Enron, Janice Hogan/GPGFIN/Enron@ENRON, Kathy
Campos/GPGFIN/Enron@ENRON, Judy Kudym/ET&S/Enron@ENRON, Sandra
Keiderling/NPNG/Enron@ENRON, Alliece Morris/OTS/Enron@ENRON, Rita
Houser/GPGFIN/Enron@ENRON, Connie Alvis/NPNG/Enron@ENRON, Susan
Gensichen/NPNG/Enron@ENRON, Darla Steffes/NPNG/Enron@ENRON, Martha
Benner/ET&S/Enron@ENRON, Julie McCoy/ET&S/Enron@ENRON, Sharon
Solon/ET&S/Enron@ENRON, Deb Cappiello/ET&S/Enron@ENRON, Virginia
O'Neill/ET&S/Enron@Enron, Dee Svatos/NPNG/Enron@ENRON, Amelia
Alder/OTS/Enron@ENRON, Anne Jolibois/FGT/Enron@ENRON, Ruth
Mann/ET&S/Enron@ENRON, Emily Sellers/ET&S/Enron@ENRON
cc: Cindy Stark/Corp/Enron@ENRON, Lisa Costello/OTS/Enron@ENRON

Subject: GPG Organization Announcement

ATTACHED IS AN IMPORTANT ORGANIZATION ANNOUNCEMENT THAT SHOULD GO OUT TO ALL
GPG EMPLOYEES IMMEDIATELY:

The timeliness and confidentiality of this announcement have made it
impossible for us to use the Notes Team to handle distribution via e-mail, as
would normally be the case.  As a result, please forward the message to
everyone in your respective department(s).

Note to those of you whose departments include field locations:  We are
sending the announcement to all field locations via burst FAX, so you should
not need to e-mail copies.  Faxes will be distributed at approximately 10:30
this morning.

Please call Lisa Costello (x31819) if you have any questions.


Teaml,

I'm responsible for coordinating the next case - Teltronica, which is due
11/6. It happens that my parents are
visiting from the east coast that weekend. I thought that since we haven't
had a case due for a couple of weeks,
if there were any chance we could get the case done before the weekend that
would help out a lot. We're still two
weeks out from the due date, so we have a lot more time than usual, even with
the take home exam. Let me know if
you guys think we can try to hammer this out next week after the take home's
out of the way. As well as I recall,
SF has the first half, East Bay has the second this time.

Thanks,
Christine

Jeff.Dasovich@enron.com wrote:

> Based on last nite's discussion, here's the coordinator list:
>
>    Christine--11.6--Teltronica
>    Dylan--11.13--Nutra
>    Kim--11.1--Agro Feed
>    Jeff--11.27--Global Industries
>    Jimmie--12.4--Daimler-Benz
>
> We also decided that:
> 1) we'd continue with the SF/East Bay split
> 2) each group should combine the answers into one document prior to sending
> to the coordinator for final compilation
> 3) we'd distribute draft answers to the entire group, since some questions
> feed off of others
> 4) we'd get finalized responses to the coordinator no later than 4 PM on
> Sunday
>
> Let me know if this tracks with others' memories.
>
> Best,
> Jeff
>
>
>                     Christine Piesco
>                     <christine.piesco@o        To:     Kimberly Kupiecki
<kkupiecki@arpartners.com>
>                     racle.com>                 cc:
Jeff.Dasovich@enron.com, dwindham@uclink4.berkeley.edu,
>                                                jjackson@haas.berkeley.edu,
jcjcal02@aol.com
>                     10/09/2000 01:49 PM        Subject:     Re: Teams
>
>
>
> I assume you all have already exchanged contact information. Mine is below,
> if
> there is a list of everyone's phone numbers could someone please forward it
> to
> me?
>
> Home: 415-928-7487
> Cell: 650-740-1097
> Work: 650-506-3640
>
> Thanks,
> Christine
>
> Kimberly Kupiecki wrote:
>
> > Hi Christine,
> >
> > We have been doing the cases via email up to this point.  We typically
> > divide up the questions and send each other our responses.  One team
> member
> > takes the lead on creating the "hand in" document.
> >
> > Cheers,
> >
> > At 04:42 PM 10/4/00, Christine Piesco wrote:
> > >Glad to be aboard! When are we meeting? I am on campus Monday-Weds.
> > >
> > >Christine
> > >
> > >Jeff.Dasovich@enron.com wrote:
> > >
> > > > Christine:
> > > >
> > > > Sorry I haven't replied sooner.  Crazy day.  Consider yourself the
> 5th
> > > > member of our team---but remember, no warranties included.
> > > >
> > > > Best,
> > > > Jeff
> > >
> > >--
> > >Christine Piesco
> > >Industrials Account Manager
> > >Oracle Corporation
> > >500 Oracle Parkway
> > >Redwood Shores, CA 94065
> > >Phone: (650) 506-3640
> > >Fax: (650) 633-3753
> > >christine.piesco@oracle.com
> > >
> >
> > Kimberly Kupiecki
> > Senior Account Executive
> > A&R Partners
> > kkupiecki@arpartners.com
> > (650) 762 2800 main
> > (650) 762 2825 direct
> > fax (650) 762 2801
>
> --
> Christine Piesco
> Industrials Account Manager
> Oracle Corporation
> 500 Oracle Parkway
> Redwood Shores, CA 94065
> Phone: (650) 506-3640
> Fax: (650) 633-3753
> christine.piesco@oracle.com
>
> (See attached file: christine.piesco.vcf)

 - christine.piesco.vcf


Attached is the latest draft of the Purchase and Sale Agreement, in both Word
Perfect and PDF formats.  It still does not cover a number of items several
of us have discussed, including certain insurance matters.  These items are
part of an ongoing list of issues.  That list also includes the practical
applicability of the infamous Section 5.07(b).

The Disclosure Schedules remain critical.  Please continue to review both the
parent disclosures and the regional disclosures for gaps, inconsistencies,
and duplications.  For example, while Corp. Risk Management is scheduling the
various insurance handled by it, that group is not aware of insurance
obtained at the local level.  Those policies at the regional level need to be
listed, as well as checked to confirm that they are not implicated by a
change of control.  The parent level policies have been reviewed for change
of control implications.  Also, please confirm that the schedules include all
claims against the involved entities; for example, there appear to be many
claims made under the various insurance policies that have not yet become a
litigation matter.

Timing of the deal could soon become quite ugly.  Thanks for all of the
help.  Lance.

 - Houston_290706_1.WPD
 - Houston_296564_1.WPD

 - PSA.8.11.00.pdf
 - CMP.PSA.8.11.00.pdf


I noticed we have 2 entries for cpy in Lotus Notes.  We need to delete one.


SALISBURY, HOLDEN,

You have been selected to participate in the Mid Year 2001 Performance Management process.  Your feedback plays an important role in the process, and your participation is critical to the success of Enron's Performance Management goals.

To complete a request for feedback, access PEP at http://pep.enron.com and select Complete Feedback from the Main Menu.  You may begin providing feedback immediately and are requested to have all feedback forms completed by Friday, May 25, 2001.

If you have any questions regarding PEP or your responsibility in the process, please contact the PEP Help Desk at:
Houston:  1.713.853.4777, Option 4 or email: perfmgmt@enron.com
London:  44.207.783.4040, Option 4 or email: pep.enquiries@enron.com

Thank you for your participation in this important process.

The following is a CUMULATIVE list of employee feedback requests with a status of "OPEN."  Once you have submitted or declined an employee's request for feedback, their name will no longer appear on this list.  NOTE: YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

Employee Name:
ALONSO, THOMAS
BRYSON, JESSE
GANG, LISA
GUZMAN, MARK
MORRIS, JEREMY
RUNSWICK, STACY
SARNOWSKI, JULIE
SOLBERG, GEIR
WILLIAMS, WILLIAM


Tim

Please add bookrunners names beside the books on your P/L.


In double checking the file I gave you I noticed that my formulas did not go all the way down and did not include the last 3 locations.
They are:

PIPE	ZONE 	FACILITY	NOTIONAL	MID-MARKET	GAS-DAILY
WNG	WILLIAMS	811043	TRANS-OK	IF-ONG/OKLAHOMA	GDC-TRANS-OK
WNG	WILLIAMS	 	IF-WILLIAMS	IF-WNG/TOK	GDP-WNG/TOK
WTG	GATHERING	 	NNG/MID11	IF-NNG/TOK	GDP-NNG/TOK


Anytime after 4:00 PM.

-Andy


FYI.
---------------------- Forwarded by Pinnamaneni Krishnarao/HOU/ECT on
08/03/2000 08:16 AM ---------------------------

David Foti@EES
08/02/2000 05:06 PM
To: Pinnamaneni Krishnarao/HOU/ECT@ECT, Minal Dalia/HOU/EES@EES, Sanjay
Agarwal/HOU/EES@EES, Naveen Andrews/Corp/Enron@ENRON
cc: Scott Stoness/HOU/EES@EES
Subject: Meeting Confirmation / Discussion Points

Tariff VAR Project Kick-off Meeting

Time: 8/3; 2-3 pm
Location: EB612

==============================================================================
=============
Per the 8/2 lunch meeting between Research, RAC, and the Tariff Group, there
developed a consensus to:

Develop a high level Value-at-Risk model within a 4-8 week time frame to use
for initial risk measurement and hedging purposes
Accommodate links for critical variables such as Interest Rates, Load Growth,
and inflation
Provide "knobs" for less quantifiable factors such as rate case frequency,
rate methodology, etc.
Collaborate with the tariff forecasting team, to have consistent assumptions
and logic.

Proposed agenda for our meeting:

Discuss the relationship of this project to other ongoing projects
Review existing T&D forecast model (decide whether it's a starting point or
not - attached for your review)
Discuss approach (methodology and technology)
Assign responsibilities
Develop project guidelines and timeline

See worksheets, "Diagram", "Graph", "Exposure"


Hey guys,
Here is Chris Choby's e-mail.  He might not respond right away because he is
on a ship and the e-mail sometimes does not go through right away.  Hope all
is well and talk to you soon.
Ben

G7PWC3@stennis.navy.mil


SK - printed out & gave it to you.  mm

UK angle on California. For discussion. I will call.

---------------------- Forwarded by Peter Styles/LON/ECT on 08/06/2001 16:15
---------------------------
From: Paul Dawson/Enron@EUEnronXGate on 05/06/2001 19:31
To: Peter Styles/LON/ECT@ECT, Richard Shapiro/NA/Enron@Enron
cc:

Subject: Bullets for Kean Presentation

Here's an attempt at some key "lessons" from CA to the UK (or vice versa as
the case may be).  Actually they are more themes/differences/comments coming
out of the CA experience, which will need tailoring/trimming down to fit the
context of the actual presentation.  As I've indicated, depending on the
point being presented, there may be a need for some caution in using the
examples in too simplistic a context.

? Barriers to generator entry.
? Apart from the moratorium, it has been relatively easy to gain consent to
construct new generation in the UK.  This is clearly a good thing in itself,
but there are some potential pitfalls in just asserting this.  The entry has
been criticised as unecessary in a market with significant overcapacity
(indeed this was one of the justifications for the moratorium) and had
surprisingly little impact on price for at least the first 8 years of the
Pool. Indeed prices only fell once NP/PG divested plant.  Hence it would be
easy to retort that new capacity was not required in the UK, the entry that
did occur was wasteful and that the CA analogy is bogus (although clearly the
full story is more complex than this)
? Moratorium had a significant impact on investment and stalled competition.
(True, but difficult to sustain given that divestment and pre-committed new
entry ensured that prices fell significantly before the moratorium was
lifted.)
? Danger that measures designed to meet the CHP and Renewables targets
constrain future developments and lead to capacity shortages, ie, perfection
should not be the enemy of the good.  This is not the case currently.
However, new applications must demonstrate that CHP has been fully explored -
if this hurdle acquires real teeth (or turns into something more formal) then
we could see easy consents getting significantly more difficult.  This is,
however, largely speculation at the current time.

? Retail caps
? Purchase costs could be passed through in UK (for at least the first 8
years).  Although some purchase costs were pseudo-regulated (through the
vesting contracts and their replacements),  the Public Electricity Suppliers
also purchased power from CCGTs in which they also took equity at very high
prices.  (Teesside was one of the first examples of this.) The cost of this
was passed through to franchise customers.  This was widely criticised and
although the regulator allowed this to happen (on the grounds of entry
promoting competition), the fact that all the entry was baseload and NP/PG
still controlled the marginal plant meant that wholesale market prices didn't
change at all.
? Since 1998, prices caps have been instituted and have not been a problem.
Although the caps squeezed the PES margins, they could contract forward to
hedge the risk of wholesale price movements.  Morever, the price caps have
actually reduce wholelsale prices - generator market power meant that the
wholesale price was, in part, a net-back from the allowed retail tariff.
? Watch out for Independent Energy, a supplier who did go bankrupt.  This was
due to a combination of being under-hedged when power prices rose and not
having adequate infrastructure to bill customers and get the cash in.

? Competition
? Generator concentration meant excessive prices for the first 8-9 years of
the Pool.  Restructuring and divestment was essential to realising the
benefits of competition.
? Retail competition has been very successful and has been a key driver in
increasing liquidity in the wholesale market

? Stranded Costs
? Stranded cost recovery largely didn't distort the market, eg, nuclear levy,
vesting contracts did not affect marginal decisions.  (That said market power
provided a very soft landing and the market was clearly stitched up to meet
the needs of the miners for years.)

Hope these help.  Please let me know if you need anything further.

Cheers,

Paul


Asa & Joy,

I just wanted to take a minute and thank the two of you for your generosity
this past week.  My friends and I had a terrific time and everyone really
enjoyed your condo.  The weather was terrific and the fish put up a
formidable challenge.  We are very interested in renting the condo from you
guys during the season this year.  I requested that the cleaning charges this
time be put on my credit card.  Please let me know if  they charge you guys
anything.  Thanks again.  We look forward to seeing you guys soon.
Phillip


We signed a contract with Requisite Technology (http://www.requisite.com)
Monday night to provide electronic cataloging tools for our SAP system
(they're replacing the i2Technologies products currently in place.

Requisite hosts catalogs for many major companies and digital marketplaces.
They have offices in Westminster, CO and Toronto.  John and I discussed the
opportunities Tuesday, and there may be one with EBS.  EES is probably less
likely, but it may be worth the investigation.

I know the VP of Sales, North America, so let me know if you're interested in
pursuing, and when.

Thanks.

Mark Hudgens
Enron Global Strategic Sourcing
Director, eCommerce Content Development
713-345-6544
713-569-7401 (cellular)
mark.hudgens@enron.com


That's the most beautiful e-mail I've ever read!

Evelyn Metoyer@ENRON
05/02/2001 03:19 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 5/2 Checkout

BLOOMBERG
All O.k.

PREBON WEST
All o.k.

AMEREX WEST
All o.k.


FYI

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/08/2000
09:37 AM ---------------------------

"Rick Bryant" <rlbryant@andrew.cmu.edu> on 08/03/2000 04:01:49 PM
To: "Vince Kaminsky" <vkamins@enron.com>
cc: "Pierre-Philippe Ste-Marie" <ps5@andrew.cmu.edu>, "Ken Keeley"
<kk4p@andrew.cmu.edu>
Subject: Enron Recruiting/MSCF Speaker Series

Vince,

Pierre has informed me that (if you can so co-ordinate with Alison Bailey)
you would like to move the recruiting event on campus for Comp Finance to
Nov 3 in order to co-ordinate with Pierre's invitation to speak in the MSCF
Speaker Series the same day.  I contacted our recruiting center about
availability on that date and have forwarded below his response.  Let me
know how else I can help and, again, thanks for your kind words about the
program and you obvious interest in meeting with us.

Rick

Richard L. Bryant
Director, Computational Finance Program
Carnegie Mellon University
Graduate School of Industrial Administration
Pittsburgh, PA 15213
Phone/Fax (412) 268-4592/(412) 268-6837
http://fastweb.gsia.cmu.edu/MSCF

----- Original Message -----
From: "Ken Keeley" <kk4p@andrew.cmu.edu>
To: "Rick Bryant" <rlbryant@andrew.cmu.edu>
Cc: "Sally E Gould" <sgould@andrew.cmu.edu>
Sent: Thursday, August 03, 2000 1:32 PM
Subject: Re: Fw: MSCF Speaker Series

Enron currently has 8 interview rooms scheduled on December 11, 2000... As
we have 10 interview rooms available to us and as on 11/3 we currently have
nine rooms booked, if Enron wants to move all 8 schedules to 11/3, we
probably will not be able to host them on-campus unless [the firm currently
holding the rooms] moves off (and there is a possibility of that - this is
like a game of dominos).  However, Enron could interview off campus, but
that is not as convenient for the students and it increases the cost for the
employer.  If Enron wants to move only one or two schedules to 11/3 for just
Comp Finance, we would find a way to accomodate them.  Our Recruiting
Coordinator, Sally Gould, will do everything she can to make this work for
Enron.  Please suggest that Enron re-contact her as soon as they know what
their preferences are.  Alison knows how to reach her.

> Ken Keeley, Ph.D.
> Director, Career Opportunities Center
> Graduate School of Industrial Administration
> Carnegie Mellon University
> Tel: 412-268-3092
> Fax: 412-268-4146
>


---------------------- Forwarded by David Baumbach/HOU/ECT on 08/16/2000
02:45 PM ---------------------------

Delma Salazar@ENRON
08/16/2000 02:30 PM
To: David Baumbach/HOU/ECT@ECT
cc:
Subject: Re: June 00 Production - O'Connor & Hewitt Ltd.

Dave:

Thanks for your help, but I found it -- in Unify, it's T-C Oil.

	Enron Capital Management

	From:  David Baumbach @ ECT                           08/16/2000 01:36 PM

To: Delma Salazar/NA/Enron@ENRON
cc:

Subject: Re: June 00 Production - O'Connor & Hewitt Ltd.

According to Daren Farmer, this is the name.  Unify should have something for
them.  If I find out anything different I'll let you know.

Dave

Delma Salazar@ENRON
08/16/2000 12:53 PM
To: David Baumbach/HOU/ECT@ECT
cc:
Subject: June 00 Production - O'Connor & Hewitt Ltd.

Dave:

This was flashed as O'Connor & Hewitt Ltd (233,343 mmbtu, $1,010,836.57), but
I don't see anything coming through in Unify -- do you know if maybe they
have another name?

Thanks!


Mr. Priest,

Attached for your review is a draft of a Master Firm Purchase/Sale Agreement
between Enron North America Corp. and the Public Service Commission of Yazoo
City.

Please do not hesitate to give me a call with any questions and or comments
you may have regarding this matter.

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


Please see attached notice of Financial Assurance Default.

 <<Enron Financial Assur Default 12_11_01.doc>>

 - Enron Financial Assur Default 12_11_01.doc


Leslie asked me to forward this.  Summary of FERC staff testimony is in red.

NGI's Daily Gas Price Index
published : May 14, 2001
FERC Staff Finds Market Power Concerns in El Paso Case
El Paso Natural Gas and El Paso Merchant Energy probably exercised market
power in the Southern California gas market and drove up gas prices over the
past year when pipeline capacity constraints existed, FERC staff concluded
last week in testimony before Chief Administrative Law Judge Curtis Wagner
Jr.
At the same time Southern California Edison told FERC that El Paso caused a
$3.7 billion increase in gas costs in California from March 2000 to March
2001 by withholding capacity from the market and driving up the basis
differentials between supply basins and California. Edison based its
testimony on analysis by the Brattle Group.
Meanwhile, El Paso countered with its own data arsenal and army of
consultants. El Paso said the price increases were caused by unprecedented
demand and inadequate supply infrastructure. Harvard University economics
professor Joseph Kalt said on behalf of El Paso that the exorbitant gas
prices were the result of a combination of supply and demand factors related
to the electricity market and ultimately caused by decades of bad public
policy decisions rather than El Paso's market power in the Southwest.
FERC set the market power issue for hearing in March before Judge Wagner and
ordered him to provide an initial decision within 60 days (see Daily GPI,
March 29). The Commission cleared El Paso of charges that it rigged the
bidding for capacity on its system during an open season in February 2000 to
favor its affiliates. Critics alleged El Paso Merchant Energy Gas L.P. and El
Paso Merchant Energy Co. ended up the big winners in the open season, snaring
three contracts for 1.22 Bcf/d of firm capacity on El Paso to the California
border, because they received inside information on a discount transportation
rate. But in the order on complaint, the Commission said it found "no merit
in the allegations." Moreover, it said there was no evidence that El Paso
violated its standards of conduct. However, the allegations that El Paso
engaged in market and price manipulation were not dismissed.
In his testimony last week, FERC economist Dr. Jonathan D. Ogur concluded
that under certain circumstances El Paso was able to wield market power in
the Southern California gas market. Its market position as measured by the
Herfindahl-Herschman Index (HHI) exceeded levels deemed appropriate by FERC,
the Federal Trade Commission and the Justice Department, he said.
When the state is considered as a single market, El Paso's market
concentration and market share are "both within the safe harbor," he said.
However, when there are capacity constraints in Southern California, as there
were last summer and winter, and when El Paso's supplies include both firm
and "nearly firm" gas, the HHI increases to 2,262, said Ogur. "This exceeds
the 1,800 threshold for concern that sellers may possess market power. El
Paso's market share rises to 45%, which exceeds the 35% threshold.
"When pipeline constraints separate Southern California from Northern
California, market concentration may be outside the safe harbor and El Paso's
market share may be greater than the threshold," he said.
Although about 1 Bcf/d of excess capacity may have existed in the Northern
California market last summer, it's not clear that it was available to
Southern California customers in sufficient quantities to constrain El Paso's
market power, said Ogur.
Ogur's testimony differs substantially from testimony submitted last week by
John Morris for El Paso Merchant and testimony submitted by Lukens Consulting
for El Paso Pipeline. Those studies defined the market in question as
including all of California, while Ogur defined the relevant market as
Southern California when pipeline constraints exist.
The Brattle Study, which was submitted on behalf of Southern California
Edison, concludes El Paso Merchant Energy was able to exercise market power
through its control over 1.4 Bcf/d of firm capacity on El Paso Pipeline and
Transwestern, but the study does not specifically define the market. It
places an HHI of 2,179 for firm capacity held by El Paso Merchant on El Paso
and Transwestern between the San Juan Basin in New Mexico and California. The
Brattle study calculates El Paso's market share to be 34%, rising to 48%
after adjusting for Southern California Gas' and PG&E's core capacity.
The study fails, according to Ogur, by excluding capacity on other California
pipes and storage space. It also attempts to find market power abuse by
analyzing basis differentials that exceeded maximum tariff rates, but admits
it is unable to determine if the abnormal basis differentials might have been
caused instead by capacity constraints. It also can't deny the fact that
interruptible transportation was available at maximum rates.


OK gang, she's hell bent, and I've spent about as much time as I'm willing on
this.  Sorry about the hassle---Jimmie, if you hadn't used that colorful
language, we wouldn't be in this mess.  Anyway, unless I hear strong protests
in the next 30 minutes, I'm writing back to say she can join (and has to do
the next case all by her lonesome on the team's behalf as payback).  Lemme
know.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 10/02/2000 04:21 PM -----

	Christine Piesco <christine.piesco@oracle.com>
	10/02/2000 02:39 PM

		 To: Jeff.Dasovich@enron.com
		 cc:
		 Subject: Re: Teams

Jeff,

I appreciate your help. I sent a note to the Prof last week letting him know
your
concerns and asking him to verify once more that a group size of 5 was OK. I
got
his response today that it was. Apparently, my old group was the only one
with 3,
most of the others have at least 4. If there really is a lot of resistance I
will
ask the Professor to assign me randomly to a group. I would simply prefer to
join
one that I chose. I appreciate you're group's helping me out of this awkward
spot,
if they decide to let me in. Let me know,

Thanks,
Christine

Jeff.Dasovich@enron.com wrote:

> Hi Christine:
>
> Yes, forwarded the email you sent last week.  Here's where folks came out.
> First, we think that the folks in your first group are mean.  Second, it's
> a real challenge managing a group of four and there's concern that five
> will break the camel's back.  Suggestion came up that it might be much more
> mangageable if you could try to link up with a smaller group first.  If
> there's a problem finding a smaller group, then we could try to do five and
> hope the ship don't sink?
>
> Sound reasonable?
>
> Best,
> Jeff
>
>
>                     Christine Piesco
>                     <christine.piesco@o        To:
Jeff.Dasovich@enron.com
>                     racle.com>                 cc:
>                                                Subject:     Re: Teams
>                     10/02/2000 01:14 PM
>
>
>
> Jeff,
>
> Have you had a chance to convey what I said to the group, and can I join?
> Professor Aceves was aware that I talked to you about joining your group,
> and
> he sent me an email asking to confirm that I was now in a group. I'd
> certainly
> like to be! As you know, I want to make sure I am in one to do the next
> assignment with. Please let me know, so that if I am joining your group I
> can
> make the meetings and contribute to the next case. I do really appreciate
> your
> help. :)
>
> Thanks,
> Christine
>
> Jeff.Dasovich@enron.com wrote:
>
> > Christine:
> >
> > My apologies.  My schedule melted down after we talked on Monday.  Here's
> > where folks came out.  There's some concern about size.  We're supposed
> to
> > be no larger than 3, but we lobbied Aceves and he apparently Ok'd our
> > "oversized" group.  The other folks in the group--who talked to him
> > originally--are pretty sure that five will violate the rules.  Folks
> > wondered if there were other groups that are smaller than ours that you
> > could hook up with.  Sorry about that---it's a wrinkle that I didn't
> think
> > about when we spoke.  If it gets real ugly trying to find a smaller
> group,
> > let me know.  Fortunately there's not another team case due for two
> weeks.
> >
> > Best,
> > Jeff
>
> --
> Christine Piesco
> Industrials Account Manager
> Oracle Corporation
> 500 Oracle Parkway
> Redwood Shores, CA 94065
> Phone: (650) 506-3640
> Fax: (650) 633-3753
> christine.piesco@oracle.com
>
> (See attached file: christine.piesco.vcf)

--
Christine Piesco
Industrials Account Manager
Oracle Corporation
500 Oracle Parkway
Redwood Shores, CA 94065
Phone: (650) 506-3640
Fax: (650) 633-3753
christine.piesco@oracle.com

 - christine.piesco.vcf


Thanks for the faxed info.  Do you have access to the Dow Jones Interactive
news service?  We just recently added it in Houston.  SS


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Brian,

What about the weekend?
I am in Atlanta Thursday.

Vince

 -----Original Message-----
From: 	Mihura, Brian
Sent:	Tuesday, October 30, 2001 10:29 AM
To:	Kaminski, Vince J
Subject:	In light of the events this week....

If you are in need of a companion for an alcohol infusion, I stand ready to oblige.