Carol and Chris,
I'm not sure Sharon knows what she is doing.  If we accept her blacklined
changes, it seems to me we go back to the original EEI language about
penalties which we like.  Perhaps we should just try this. The drafting
technique she wants to use does not get her where she thinks it does.

If and when her attorney reads this thing, the issue will be:  do we remain
silent about penalties, or do we go into more detail?  We want to go into
more detail if they cannot accept the standard language.

Our choice seems to be:  1. Tell her we accept her change and sign the cover
sheet and try to blow it by them, or 2. open the can of worms of more detail
and get it over with.   Let's discuss this.   ----cgy

 -----Original Message-----
From:  St Clair, Carol
Sent: Wednesday, May 16, 2001 10:32 AM
To: Yoder, Christian
Subject: RE: Revised EEI Cover Sheet

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 05/16/2001 12:32 PM -----

	"Firooz, Sharon" <SFirooz@SDGE.com> 05/16/2001 12:30 PM 	   To:
"'Chris.H.Foster@enron.com'" <Chris.H.Foster@enron.com>  cc:
Carol.St.Clair@enron.com, "Tierney, Michael C." <MTierney@sempra.com>
Subject: RE: Revised EEI Cover Sheet

Chris, we are leaning more toward the generic language and think that it
could expedite the approval process.  I have attached the language we propose
which basically deletes the specific language regarding penalty for
replacement and sale prices (see section 1.a (1) and (2)in the attached).  I
wanted to send this to you quickly before you spent a lot of time on the
other one. THX

-----Original Message-----
From: Chris.H.Foster@enron.com [mailto:Chris.H.Foster@enron.com << File: SDGE
(3-20-01)_.doc >> ]
Sent: Wednesday, May 16, 2001 6:20 AM
To: SFirooz@SDGE.com
Cc: Carol.St.Clair@enron.com
Subject: RE: Revised EEI Cover Sheet

Sharon:

As indicated by my previous e-mail to you, since Shari Stack has left
Enron, it will take me a couple days to resurrect this EEI.  Later today it
is likely I will reconfirm that we are ready to sign the last draft we
sent.  Subsequently, I will get you a clear statement as to alternative
language that leaves the Replacement Cost definition less clear ala WSPP.

Thanks

Chris

    -----Original Message-----
   From:   "Firooz, Sharon" <SFirooz@SDGE.com>@ENRON

[mailto:IMCEANOTES-+22Firooz+2C+20Sharon+22+20+3CSFirooz+40SDGE+2Ecom+3E+40ENR
ON@ENRON.com ]

   Sent:   Monday, May 14, 2001 11:05 AM
   To:     Foster, Chris H.
   Subject:  FW: Revised EEI Cover Sheet

   As we discussed.
   -----Original Message-----
   From: Shari.Stack@enron.com [mailto:Shari.Stack@enron.com  << File: SDGE
   (3-20-01).doc >> ]
   Sent: Tuesday, March 20, 2001 3:23 PM
   To: sfirooz@sdge.com; mtierney@sempra.com
   Cc: Chris.H.Foster@enron.com
   Subject: Revised EEI Cover Sheet
   The attached draft EEI Cover Sheet contains the latest amendments to the
   Replacement Price/Sales Price definitions. The changes are blacklined -
   everything else has remained the same.
   Thanks,
   Shari Stack
   Enron North America, Legal Department
   Tel: (713) 853-9477
   (See attached file: SDGE (3-20-01).doc)

    - SDGE (3-20-01).doc

 - SDGE (3-20-01)_.doc


---------------------- Forwarded by Eric Bass/HOU/ECT on 04/07/2000 03:44 PM
---------------------------

Matthew Lenhart
04/07/2000 03:12 PM
To: Timothy Blanchard/HOU/EES@EES, Eric Bass/HOU/ECT@ECT, val.generes@ac.com,
Susan M Scott/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT
cc:
Subject: The Joys of Marriage

this is the funniest email i have ever received.  send it on to people b/c i
cant think of anyone to email
---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 04/07/2000
03:09 PM ---------------------------

Shirley Elliott <shelliott@dttus.com> on 04/07/2000 09:54:13 AM
To: jjohnson@daewoous.com, kmcgallion@king-ranch.com,
Terri@EDIarchitecture.com, waldron50@yahoo.com, Sablica@compuserve.com,
scody@acplasticsinc.com, sclarkson@tractebelpowerinc.com,
Chad.Landry@enron.com, Matthew.Lenhart@enron.com, matthew.overbeck@ac.com,
JohnWheeler@PZLQS.com, hallieklassen@usa.net, j.cruthis@mail.utexas.edu,
AChang01@coair.com, Liz.Mortenson@chron.com, Allison Damon
<adamon@dttus.com>, Michael Lednicky <mlednicky@dttus.com>, Todd Rimmer
<trimmer@dttus.com>, Chris Strain <cstrain@dttus.com>
cc:

Subject: The Joys of Marriage

> I've got game....'Ole!
>
>
>
> Subject:      FW: The Joys of Marriage
>
>  <<cuddles>>
>

 - FARTINGI.AVI
 - RFC-822.TXT
---------------------------------- Forwarded
----------------------------------
From: mwilkerson@ajilon.com at Internet-USA
Date: 4/7/00 8:50AM -0500
To: Shirley Elliott at DTT.US.HOUSTON
*To: AMorse@EMJMETALS.COM at Internet-USA
*To: hymela@netsolve.net at Internet-USA
*To: bretts@mail.utexas.edu at Internet-USA
*To: brian.sorensen@chase.com at Internet-USA
*To: vmw@ispchannel.com at Internet-USA
*To: Elrhea.stockton@dcicorp.com at Internet-USA
*To: jdryer@kpmg.com at Internet-USA
*To: jwaldman@ers.state.tx.us at Internet-USA
*To: jim_stiffler@dell.com at Internet-USA
*To: keith.hatley@allegiancetelecom.com at Internet-USA
*To: sablica@compuserve.com at Internet-USA
*To: mark_hooper@dell.com at Internet-USA
*To: Michael_Ecklund@hines.com at Internet-USA
*To: r8834c@email.sps.mot.com at Internet-USA
*To: dmehta@uth.tmc.edu at Internet-USA
*To: mdeshotels@rightnowtech.com at Internet-USA
*To: pavri@bplaw.com at Internet-USA
*To: pconnor@us.ibm.com at Internet-USA
*To: RMoser@EMJMETALS.COM at Internet-USA
*To: ryane@tocquigny.com at Internet-USA
*To: Schoelpple@yahoo.com at Internet-USA
*To: swlh@excite.com at Internet-USA
*To: hookem@ev1.net at Internet-USA
*To: wwindom@aol.com at Internet-USA
*To: waldron50@yahoo.com at Internet-USA
Subject: The Joys of Marriage
------------------------------------------------------------------------------
-


=================================================?
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(c) 2001 Charles Schwab & Co., Inc. All rights reserved.
Member SIPC/NYSE. (0601-0304)

[IMAGE]


Could you please change the curve mappings on a type of trade for Robyn
Menear.  THe trade is a GD Index swap for out months.  THe product type is US
GAS Basis - GD/M Trunk WLA.  This is currently being mapped to a GDP curve
adn we need it changed to TRUNKL/WLA-GD.  Robyn sets this curve everyday as a
basis curve.  Thanks.  If you have any questions or concerns, please feel
free to shout.
PL


Tom Martin

Elizabeth Boudreaux
04/25/2000 01:53 PM
To: Eric Bass/HOU/ECT@ECT, Ismael
Petrozzi/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kenneth Chow/ET&S/Enron@Enron,
Ashley Dietz/Enron Communications@Enron Communications, Jerven
Zhang/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gerardo
Benitez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jennifer Koop/FRA/ECT@ECT, Zac
McCarroll/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Victor
Ong/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael Simmons/HOU/ECT@ECT
cc:
Subject: Manager's Name

Good afternoon!

Please let me know your manager's name.  We are gathering information for the
PRC process in June.

Thank you!
Elizabeth
3-6176


Chris, did we get the DASH completed and approved on Pasotria and LV Cogen?

Rob, I have not heard what the plan of action is with Moore?

Rob, what would be the necessary steps needed to book all or some of the
Bruce deal in Q3?

Regards
Delainey


FYI.

Jim

----- Forwarded by James D Steffes/NA/Enron on 03/14/2001 08:22 AM -----

	"Ronald Carroll" <rcarroll@bracepatt.com>
	03/13/2001 05:08 PM

		 To: <jsteffe@enron.com>, <rsanders@enron.com>
		 cc: "Andrea Settanni" <asettanni@bracepatt.com>, "Jeffrey Watkiss"
<dwatkiss@bracepatt.com>, "Kimberly Curry" <kcurry@bracepatt.com>,
<jhartso@enron.com>, <mary.hain@enron.com>, <smara@enron.com>
		 Subject: Status of California Cases

Jim/Richard:

Per your request, I have attached a memo that describes the status of Enron's
participation in cases concerning the California investigation and related
market issues established since FERC's December 15, 2000 order, including
cases for which the date for intervention has not yet passed.  Please call me
if you wish to discuss or have any questions.

Ron

 - 0139365.01


This is a reminder !!!  If you haven't taken the time to update your GIS
information, please do so.  It is essential that this function be performed
as soon as possible. Please read the following memo sent to you a few days
ago and if you have any questions regarding this request, please feel free to
call Ted Bland @ 3-5275.

With Enron's rapid growth we need to maintain an ability to move employees
between operating companies and new ventures.  To do this it is essential to
have one process that will enable us to collect , update and retain employee
data.  In the spirit of One Enron, and building on the success of the
year-end Global VP/MD Performance Review Process, the  Enron VP/MD PRC
requests that all Enron Vice Presidents and Managing Directors update their
profiles. Current responsibilities, employment history, skills and education
need to be completed  via the HR Global Information System.  HRGIS is
accessible via the HRWEB home page on the intranet.  Just go to
hrweb.enron.com and look for the HRGIS link.  Or just type eglobal.enron.com
on the command line of your browser.

The target date by which to update these profiles is 7 July.  If you would
like to have a hard copy of a template that could be filled out and returned
for input, or If you need any assistance with the HRGIS application please
contact Kathy Schultea at x33841.

Your  timely response to this request is greatly appreciated.

Thanks,

Dave


---------------------- Forwarded by Kay Mann/Corp/Enron on 02/15/2001 07:04
AM ---------------------------

Bill and Rita McCall <bmccall@wcnet.net> on 02/14/2001 08:12:50 PM
To: Kay.Mann@enron.com
cc:

Subject: Its Mother

Hope you had a great valentine day. We are going home in the morning. The
Bay  City Auction will about March nineth or teneth. Looking forward to you
and Michael comeing down the 21st. We would love to be here for the auction
if possible.Let us know if you are coming. Love Mother


Would you please check and see if we have any JEDI swaps wtih these
counterparies?
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
01/07/99 04:46 PM ---------------------------

Carol St Clair
01/07/99 11:24 AM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: JEDI II

Mark:
Here is the list of JEDI I assets that were transferred 100% to JEDI II in
january, 1998

Inland Resources, Inc. -preferred stock investment
Vastar Resources - 50% JV interest
Aspect Resources LLC- $16,000,000 credit facility
Sierra Well Services, Inc. - $60,000,000 credit facility and warrants
TransCoastal Marine Services - 2 credit facilities and warrants
Browning Exploartion LP - lp interest

Carol


Don, couple of points:
 a) would take a page to describe the Bridgeline structure (ie) we have done
this before;
 b) haven't we done more that 150,000 transactions?
 c) we are getting paid a fee for providing the back-office services?

Let me see what you come up with after discussing with Presto et al.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 07/18/2000
11:44 AM ---------------------------

Benjamin Rogers
07/18/2000 10:58 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject:

Dave:
Here is the most recent backoffice presentation.
Ben


FYI
-----Original Message-----
From: Hartsoe, Joe
Sent: Wednesday, November 21, 2001 9:20 AM
To: Nicolay, Christi L.; Steffes, James D.
Cc: Kean, Steven J.; Shapiro, Richard
Subject: FW: NOTICE OF PJM OPERATING AGREEMENT BREACH - November 20th
PAYMENT TO PJM IS OVERDUE
Importance: High

FYI

-----Original Message-----
From: daughes@pjm.com [mailto:daughes@pjm.com]
Sent: Tuesday, November 20, 2001 8:43 PM
To: bpitre@enron.com; jhartso@enron.com
Cc: drausl@www1.pjm.com; lynchmr@www1.pjm.com
Subject: NOTICE OF PJM OPERATING AGREEMENT BREACH - November 20th
PAYMENT TO PJM IS OVERDUE
Importance: High

> This is your formal notice that PJM now considers your company in breach of
> the PJM Operating Agreement for non-payment of your November 7, 2001 PJM
> invoice by 1 p.m. today. In accordance with the current provisions of Section
> 15.1.3 of PJM's Operating Agreement, you have three business days to rectify
> this breach by making full payment to PJM. If this breach is not rectified by
> the end of PJM's business day on Tuesday, November 27, 2001, PJM will declare
> your company in default and terminate your rights to participate at PJM
> committee meetings, to transact business in PJM's markets, and to receive
> transmission service from PJM. Additionally, all PJM Members will receive a
> list tomorrow of companies that did not pay their invoice for October activity
> on the due date.
>
> If you have any questions regarding this notice or the amount your company
> owes to PJM, please contact Molly Lynch at 610-666-8876 or Lisa Drauschak at
> 610-666-4247.
>
> Suzanne Daugherty
> Controller


We are requesting Chase's confirm, so we can check their format and come up
with our own for EPMI.  As soon as I have chase's, I'll call you to set up a
time.  THanks!


runs or robs?


Open House is tonight!  6:15 - 9:00 pm, starting in the cafeteria.  It starts with a preview of clubs, then a general meeting, then classroom visitations, then another club preview.  There will be no time for individual conferencing, but you will at least have the opportunity to meet your child's teachers.

I'll give some kind of reward to my students if their parents come - haven't decided what yet, but they'll get something!

I look forward to meeting you!

Wendy Koebernick
281-586-2630
Wells MS, English


no word yet.

-----Original Message-----
From: Lyons, Dan
Sent: Monday, December 03, 2001 12:05 PM
To: Mann, Kay
Subject: EES

What about Oz, Heather and Mark?
--------------------------
Dan Lyons


Juan,

How are you?  I ran into Jaime Bustos last week and your name came up.
How's the family?  Any more kids?  We're doing well in Louisville.  You may
already know this, but Sterling and I started a company a few years ago that
provides information to the energy markets on plant output.  Pretty
interesting stuff.

Anyway, give me a call when you get a minute.  I understand that you're on
the 24-hour desk and I would like to get your feedback on a few things
related to our business.

I can be reached at (502) 645-5252.

Sean O'Leary

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


We just received the proposed Confidentiality Agreement for the Reliant asset
disposition to be handled by Merrill Lynch.
The package will include Reliant Gas Transmission (used to be the NorAm
system), the gathering facilities upstream of
RGT, Mississippi River Transmission, Minnegasco, and the Ark-La LDC assets
(does NOT include Entex).  No details
yet on transaction timing, preferred bid structure, etc.  however, I believe
that bids for all, or any part of the package are OK.

Legal is now reviewing the CA.  The Information Packets will be forwarded to
us as soon as it is signed.

More to follow.

JNG


Please click on the link below

SAVE THE DATE


---------------------- Forwarded by Scott Neal/HOU/ECT on 02/15/2001 02:24 PM
---------------------------

David_M_Benninger@reliantenergy.com on 02/15/2001 11:43:09 AM
To: butch@watsonmoving.com
cc: <efalldr@aol.com>, <rkgbh@aol.com>, <stehrfamily@aol.com>,
<jbyrd@byrdinterior.com>, <sneal@enron.com>, <letenhave@freewwweb.com>,
<troy_utz@ml.com>, <rhancock@nmhn-law.com>, <joe_a_hays@oxy.com>,
<Jimmy.Daggett@ST-Systems.com>, <paul.stehr@stdreg.com>, <marks@stes.com>,
<Delozier.S-Don@usa.conoco.com>, "Butch Butcher" <Butch@watsonmoving.com>
Subject: Re: Indian Guides Campout Feb. 17-18, 2001

(If you're not planning on going camping this weekend, please disregard
this memo.)

The basketball Gods have issued a technical foul to the Indian Guides by
scheduling a late Friday night game for all the boys that had RSVP'd to go
camping Friday night, so, here's Plan-B:

The official start-up time is now Saturday afternoon.  Let's plan on a
caravan to the campsite from Butch Butcher's house.  Let's meet there
around 2:00 pm.  If you can't leave at that time (earlier or later),
information on the campsites are available at the park entrance under
"Wilchester Indian Guides/Butcher".  Depending on the outcome of the game
Friday night, an earlier caravan may be going Saturday morning.  Stay close
to your phones.

As mentioned in earlier memo,  we will provide food for Saturday night (
hamburgers and fixin's for the boys).  If  Dads want something other than a
burger, please feel free to bring a steak to throw on the grill.  We will
also provide food for Sunday breakfast.  Please feel free to bring whatever
snacks or drinks you want as well.  Remember to bring bikes, fishing stuff
(optional), sporting goods, bug spray, camping stuff (I'm bringing an extra
tent), cards, lottery tickets, ...  If you need help getting your bike to
the park, call Butch (professional mover).

Oh yeah, Directions (if you miss the caravan):

From US-59, take Grand Parkway (TX-99)/Crabb River Rd exit and proceed
South on Crabb River Rd.  Continue over RR tracks on TX-762 for about 15
miles and take left into Brazos Bend State Park entrance.

From Clear Lake area (who's coming from Clear Lake ?) take either FM-517 or
FM-528 to TX-35.  Proceed to FM 1462 west.  Take a right on TX-762 and the
Park entrance is about 1 mile on the right.

Yah-teh-hay!

DB


Please bring the attached with you.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732
(713) 646-3393 (fax)
mary.cook@enron.com


Please find attached the transcript from Judge Lew's 2/12/01 hearing in SCE
v. Lynch.

(See attached file: transcrip of procedings.pdf)

==========
The preceding e-mail message (including any attachments) contains
information that may be confidential, be protected by the attorney-client
or other applicable privileges, or constitute non-public information.  It
is intended to be conveyed only to the designated recipient(s).  If you are
not an intended recipient of this message, please notify the sender by
replying to this message and then delete it from your system.  Use,
dissemination, distribution, or reproduction of this message by unintended
recipients is not authorized and may be unlawful.
==========

 - transcrip of procedings.pdf


(See attached file: HPLN0315.xls)

 - HPLN0315.xls


Greetings:

See attached "meeting notice."  This could be a good opportunity to get our
demand-side proposal on the table.

Dennis:  If we could get some power point slides together, we could present
our ideas to this group and the leg aides mentioned.  Let me know your
thoughts.

Also attached is a summary of the bill that the CA Assembly passed today.
Please pass this along to others who might be interested. Thanks.

Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 01/16/2001 11:32 PM -----

	Julia Wright <jwright@smithandkempton.com>
	01/16/2001 08:21 PM

		 To: "'Aaron Thomas'" <athomas@newenergy.com>, "'Allan Lippincott'"
<alippin@mail.arco.com>, "'Ann Cohn (e-mail)'" <cohnap@sce.com>, "'Ann Watson
(e-mail)'" <anw@cpuc.ca.com>, "'Anna Ferrera (e-mail)'"
<Anna.Ferrera@SEN.CA.GOV>, "'Art Carter (e-mail)'" <debinorton@aol.com>,
"'assistant to John Fielder'" <moravekj@sce.com>, "'Barbara Barkovich
(e-mail)'" <brbarkovich@earthlink.net>, "'Bekcy Kilbourne (e-mail)'"
<bakilbourne@calpx.com>, "'Bill Booth (e-mail)'" <wbooth@booth-law.com>,
"'Bill Dombrowski (e-mail)'" <cra@calretailers.com>, "'Bill Keese (e-mail)'"
<wkeese@energy.state.ca.us>, "'Bill Zobel (e-mail)'" <bzobel@mail.arco.com>,
"'Bob Foster (e-mail)'" <fosterrg@sce.com>, "'Bob Houston (e-mail)'"
<houstgrp@pacbell.net>, "'Carolyn McIntyre (e-mail)'" <cmcintyre@sempra.com>,
"'Carolyn Veal-Hunter (e-mail)'" <carolyn.veal-hunter@asm.ca.gov>,
"'Catherine Hackney (e-mail)'" <hacknece@sce.com>, "'Charles Bacchi
(e-mail)'" <charles.bacchi@asm.ca.gov>, "'Craig Brown (e-mail)'"
<brownc@epenergy.com>, "'Dan Carroll (e-mail)'" <dcarroll@dbsr.com>, "'Denice
Cazalet (e-mail)'" <dcazalet@apx.com>, "'Dennis Price (e-mail)'"
<priced@chevron.com>, "'Denny Samuel (e-mail)'" <dsam@chevron.com>, "'Dominic
DiMare (e-mail)'" <dominic.DiMare@calchamber.com>, "'Dorothy Rothrock
(email)'" <drothrock@cmta.net>, "'Ed Yates (e-mail)'" <ed@clfp.com>, "'Eloy
Garcia (e-mail)'" <egarcia@ka-pow.com>, "'Evelyn Elsesser (e-mail)'"
<eke@aelaw.com>, "'Gary Heath (e-mail)'" <gheath@eob.ca.gov>, "'Gordon
McDonald (e-mail)'" <gordon.mcdonald@pacificorp.com>, "'Jack Flanigan
(e-mail)'" <jackflanigan@flaniganlaw.com>, "'Jack Gualco (e-mail)'"
<Jackson_Gualco@gualcogroup.com>, "'Jack Stewart (email)'"
<jstewart@cmta.com>, "'James Boyd (e-mail)'" <jim@resources.ca.gov>, "'Jan
Smutny-Jones (e-mail)'" <smutny@iepa.com>, "'Jeff Dasovich (e-mail)'"
<jdasovic@enron.com>, "'Jerry Jordan (e-mail)'" <jordan@cmua.org>, "'Jim
Cassie (e-mail)'" <jcassie@sempra.com>, "'Jim Groniger (e-mail)'"
<gronign@texaco.com>, "'Joe Lyons (e-mail)'" <joseph.lyons@asm.ca.gov>, "'Joe
Ronan (e-mail)'" <joer@calpine.com>, "'John Bridges (e-mail)'"
<bridgesj@epenergy.com>, "'John Fielder (e-mail)'" <fielderjr@sce.com>,
"'John Fistolera (e-mail)'" <johnf@ncpa.com>, "'John Larrea (e-mail)'"
<jgl@cpuc.ca.gov>, "'John Rozsa (e-mail)'" <John.Rozsa@sen.ca.gov>, "'John
White (e-mail)'" <vjw@cleanpower.org>, "'Joseph Alamo'" <jalamo@enron.com>,
"'Julia Wright'" <jwright@smithandkempton.com>, "'Karen Edson (e-mail)'"
<kedson@ns.net>, "'Karen Jarrell (e-mail)'" <kjarrell@smurfit.com>, "'Karen
Koyano (e-mail)'" <kykoyano@calpx.com>, "'Karen Lindh (e-mail)'"
<karen@klindh.com>, "'Karen Mills (e-mail)'" <kmills@cfbf.com>, "'Kari
harteloo (e-mail)'" <klc@aelaw.com>, "'Kathy Brandenburg (e-mail)'"
<katherinebrandenburg@flaniganlaw.com>, "'Kay Grosulak (e-mail)'"
<kgrosulak@sppc.com>, "'Keith McCrea (e-mail)'" <kmccrea@sablaw.com>, "'Kevin
Lynch (e-mail)'" <Kevin.Lynch@pacificorp.com>, "'Kevin Smith (e-mail)'"
<kevins@ncpa.com>, "'Lawrence Lingbloom (e-mail)'"
<lawrence.lingbloom@sen.ca.gov>, "'Lenny Goldberg (e-mail)'"
<iga@mother.com>, "'Louis Szablya (e-mail)'" <szablyal@epenergy.com>, "'Marc
Joseph (e-mail)'" <mdjoseph@adamsbroadwell.com>, "'Mark Monagan (Calpine)'"
<mrmonagan@aol.com>, "'Marwan Masri (e-mail)'" <mmasri@energy.state.ca.us>,
"'Mary McDonald (e-mail)'" <memcdonald@calpx.com>, "'Michael Alcantar
(e-mail)'" <mpa@aelaw.com>, "'Mike Florio (e-mail)'" <mflorio@turn.org>,
"'Mike Kahl (e-mail)'" <mikahl@ka-pow.com>, "'Mona Petrochko (e-mail)'"
<mpetroch@enron.com>, "'Pete Conaty (e-mail)'" <pcaceo@pacbell.net>, "'Phil
Nails (e-mail)'" <pstohr@dbsr.com>, "'Ralph Cavanagh (e-mail)'"
<rcavanagh@nrdc.org>, "'Randy Chinn (e-mail)'" <randy.chinn@sen.ca.gov>,
"'Ray Thompson (e-mail)'" <ray.thompson@sen.ca.gov>, "'Rick Counihan'"
<rick.counihan@greenmountain.com>, "'Robert Berry (e-mail)'" <berry@apx.com>,
"'Robin Larson (e-mail)'" <rlarson@caiso.com>, "'Sheryl Carter (e-mail)'"
<scarter@nrdc.org>, "'Steve Pike (e-mail)'" <pikes@epenergy.com>, "'Stu
Wilson (e-mail)'" <swilson@cmua.org>, "'Sue Mara (e-mail)'"
<smara@enron.com>, "'Susan Reeder (e-mail)'" <sreeder@sppc.com>, "'Terry
Winter (e-mail)'" <twinter@caiso.com>, "'Thomas Dinkel (e-mail)'"
<tdinkel@retx.com>, "'Tim Schmelzer (e-mail)'" <tschmelz@energy.state.ca.us>,
"'Tommy Ross (e-mail)'" <rosst@sce.com>, "'Tony Braun (e-mail)'"
<braun@cmua.org>, "'Victoria Schaefer (e-mail)'" <schaefvl@sce.com>
		 cc: "'dhunter@smithandkempton.com'" <dhunter@smithandkempton.com>,
"'pbray@newpower.com'" <pbray@newpower.com>
		 Subject: IMPORTANT MEETING NOTICE

Folks-- Urgent info attached for our meeting on Thursday

Thanks, Delaney Hunter

 - Meeting notice.doc
 - AB1 X1 analysis.doc


thanks a million.  talk to you then.

	Lara Leibman@ENRON COMMUNICATIONS
	10/31/2000 03:48 PM

		 To: Jeff Dasovich/NA/Enron@ENRON, Mike
Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: CALL-IN NUMBER FOR 11/2 MEETING

Here's the info for calling in -- thanks!

Lara

----- Forwarded by Lara Leibman/Enron Communications on 10/31/00 03:52 PM
-----

	Angie Buis
	10/31/00 02:17 PM

		 To: Sue Nord/NA/Enron@Enron, Lara Leibman/Enron Communications@Enron
Communications, Phillip Lord/LON/ET@ETC Richard Anderson/Enron
Communications, Rajen Shah/LON/ECT@ECT
		 cc: Wayne Gardner/Enron Communications@Enron Communications
		 Subject: CALL-IN NUMBER FOR 11/2 MEETING

The call-in number and instructions for the 11/2 8:30 a.m. meeting are as
follows:

Everyone will dial the toll free number 1-877-331-6867.
All the outside participants will be prompted to enter their access code,
which is 600-480.

Wayne, your access code (room 4434) after dialing the toll free number will
be 857-771.

I have asked for 4 outside ports and should anyone else need to join in, they
may do so with the access code and without operator assistance.

The duration of the call is 3.5 hours. The call will terminate once everyone
has hung up.

Please let me know if  any of you need additional information.

Thanks.

Angie Buis
EBS-Tax
x-37097


See attached PG&E sample results.


Return-Path: <pma-marketplace@mgfairfax.rr.com>
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To:
From: "The Power Marketing Association" <pma-marketplace@mgfairfax.rr.com>
Date: Wed, 13 Dec 2000 08:16:28
Subject: Meet the Head of the Leading Firm in Our Business
MIME-Version: 1.0
Content-Type: multipart/mixed; boundary="------------48EE50934B1A"
Message-ID: <0e7740617130dc0FE6@Mail6.mgfairfax.rr.com>
X-Mailer: Unknown

Meet the head of the leading firm in our business.

Imagine the opportunity!

Imagine that the leading energy company in the world has picked you to run
the  company that it expects to be the leading retail energy company in North
America.

So you get a sharp competitive edge in the back room, you recruit IBM as a
co-owner assuring you the lowest cost per customer by a factor of two or
three.

To get your foot in 27 million doors you recruit AOL as a co-venturer with a
commitment from AOL to promote NewPower's wares.  You do an IPO and take in
about $700 million for working capital.  The IPO is over and the quiet period
it required.  But the most important silver spoon -- so that you get your
energy at the best price and to protect you against price spikes -- you get
up front 30 Enron-trained   risk managers and traders.  Can you imagine
having to recruit them?

To make sure this team is run by the optimum chief they picked Eugene
Lockhart,  most recently president of Consumer Services at AT&T and before
that president of BankAmerica's Global Retail Bank with its consumer,
commercial and small business banking services delivered through 3,000+
branches.

Now, Lockhart's talking about his plans.

Restructuring Today had lunch with Lockhart Thursday and reported in detail
(to read the full story see attachment):

?   How NewPower intends to actually start up the retail industry?  What is
the heart of NewPower's business plan?
?   How they'll make money in markets where margins may seem too thin.
?   How he's going to have 600,000+ customers next month and easily a million
by the end of 2001.
?   What percentage of their sales come from the NewPower website.  What
figure is he using for cost of customer acquisition?
?   Lockhart plans to have by the end of the first quarter or at the latest
the second quarter 750,000 customers making them by far the largest
unregulated retail  marketer in the US.
?   How does he think utilities will compete with the NewPower paradigm?
?   What marketshare do they expect to get at first and then by 2005?
?   What does he see as his biggest challenge?
?   Why is this a good time for NewPower to invade California markets?
?   Why will NewPower succeed where Enron failed?
?   What's the role of backward dating in forward market margins?
?   Where NewPower gives a 20-25% discount on the commodity portion of a
bill, what kind of margin can it make now?
?   How do higher prices help NewPower?  "We're actually in a very good
position given (that) the gas cost increases perversely will work in our
favor ... "
?   "We have a 10-year, exclusive agreement with IBM whereby we can issue a
bill, collect the money and care for a customer at lower cost than anyone
else in the industry by several orders of magnitude."

To read the full NewPower story see attachment.

 - pmafup.pdf


diana:
received your information.
can i give you a call this afternoon.
maybe 4:30, 5:00pm est.
best regards,
todd j. goehring

-----Original Message-----
From: Scholtes, Diana [mailto:Diana.Scholtes@ENRON.com]
Sent: Friday, November 30, 2001 4:08 PM
To: todd@mrienergy.com
Subject: RE: todd j. goehring's information

Todd,

I appreciate your call earlier this morning.  I apologize for not being
able to speak to you at the time.  I have attached my resume and look
forward to speaking with you.

Regards,

Diana Scholtes

-----Original Message-----
From: todd@mrienergy.com [mailto:todd@mrienergy.com]
Sent: Friday, November 30, 2001 7:08 AM
To: Scholtes, Diana
Subject: todd j. goehring's information

diana:
i look forward to speaking with you late today or monday.

Best Regards,
Todd J. Goehring
Vice President, MRI Energy
1129 Broad Street, Suite 8
Shrewsbury, NJ  07702
tel: 732-578-0100 x105
fax: 732-578-1800
todd@mrienergy.com

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************


Tana:

The following CPs are not authorized to trade US power:

El Paso Merchant Energy-Gas, L.P. -- not a current CP/not FERC approved
Cabot Oil & Gas Marketing Corporation -- not a current CP/not FERC approved
Entex Gas Resources Corp. - restricted by credit
Spinnaker Exploration Co. L.L.C. - restricted by credit

***************************************
Braintree Electric Light Department - authorized to trade pursuant to on-line
GTCs

Leslie


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( BW)(TX-INDUSTRIAL-INFO-RES) From Russia With South African and
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	   Business Editors

	   HOUSTON--(BUSINESS WIRE)--Oct. 22, 2001--The following is an
advisory by Industrialinfo.com (Industrial Information Resources,
Inc., Houston, Texas). Norilsk, the Russian nickel mining corporation,
is taking its first step out of the home territories of the former
Soviet Union with its participation in the Nakety nickel project in
New Caledonia. The project is at present estimated to be worth in
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	   The relationship with Norilsk could grow for Bateman as the
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and South Africa. The South African company has developed technologies
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plant in Turkmenistan, which is being followed by a similar plant in
Uzbekistan. Phosphates projects in the Middle East and Peru are also
under consideration. In Africa, it has the Skorpion zinc-mine
concentrator, refinery and smelter in Namibia, the SA Chrome project
in South Africa and diamond, cobalt and copper projects in the
Democratic Republic of the Congo as well as the Corridor Sands project
in Mozambique.
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I talked with Chris Gaskill about them starting in the Fundmentals group.

From:	Ted C Bland/ENRON@enronXgate on 04/19/2001 04:55 PM
To:	Scott Neal/HOU/ECT@ECT
cc:
Subject:	RE: new associates

Scott - You're done on Leo and Kevin.  They will come to you on the first rotation.  Ted

 -----Original Message-----
From: 	Neal, Scott
Sent:	Thursday, April 19, 2001 4:35 PM
To:	Ted C Bland/HOU/ECT@ENRON
Subject:	new associates

these are the 2 guys I mentioned that we should put in trading rotations.
---------------------- Forwarded by Scott Neal/HOU/ECT on 04/19/2001 04:34 PM ---------------------------

Scott Neal
03/07/2001 11:55 AM
To:	Andrea Richards/NA/Enron@Enron
cc:	Chris Gaskill/Corp/Enron@Enron
Subject:	new associates

Andrea,

The two gentlemen that I mentioned on my voice mail are Kevin Murray and Leonidas Savas.  Both are from LSU and
start this summer as Associates.  Both have expressed their strong desire to have their first rotation in Trading and I think they would
do a great job for us.   If you concur, please make a note to place them in Trading for their first rotation .  I have attached both resumes for your reference.

thanks,

Scott

 - new leo's resume.doc << File: new leo's resume.doc >>

 - resume1.doc << File: resume1.doc >>

<Embedded Picture (Device Independent Bitmap)>


It's compensation for poor self-esteem...Oh wait, I don't have poor
self-esteem - You're right, Big Ego!!

	Enron Capital Management

	From:  David Baumbach                           12/07/2000 04:27 PM

To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: December 15th Move

Somebody has a big ego!

Susan M Scott
12/07/2000 04:27 PM
To: David Baumbach/HOU/ECT@ECT
cc:
Subject: Re: December 15th Move

You planned that didn't you.   You guys can't get enough of me.

	Enron Capital Management

	From:  David Baumbach                           12/07/2000 04:23 PM

To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: December 15th Move

Take a look where you are sitting in relation to the Texas Desk!!  Oh my!!

---------------------- Forwarded by David Baumbach/HOU/ECT on 12/07/2000
04:26 PM ---------------------------

	Enron North America Corp.

	From:  Irena D Hogan                           12/07/2000 04:18 PM

To: Kori Loibl/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, Susan M
Scott/HOU/ECT@ECT, Laura Vargas/Corp/Enron@ENRON, Luchas
Johnson/NA/Enron@Enron, Amy Cavazos/NA/Enron@ENRON, Sherry
Dawson/NA/Enron@Enron, Bilal Bajwa/NA/Enron@Enron, Joey
Taylor/NA/Enron@ENRON, Kimat Singla/HOU/ECT@ECT, Crystal Hyde/HOU/ECT@ECT,
Jeff Royed/Corp/Enron@ENRON, Brenda H Fletcher/HOU/ECT@ECT, Elizabeth L
Hernandez/HOU/ECT@ECT, Jeanne Wukasch/Corp/Enron@ENRON, William
Kelly/HOU/ECT@ECT, Mary Theresa Franklin/HOU/ECT@ECT, Kyle R
Lilly/HOU/ECT@ECT, Alejandra Chavez/NA/Enron@ENRON, Kimat Singla/HOU/ECT@ECT,
David Baumbach/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT, Michael
Walters/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, Jody Crook/Corp/Enron@ENRON,
Denver Plachy/NA/Enron@Enron, Patrick Ryder/NA/Enron@Enron, Cathy De La
Torre/HOU/ECT@ECT, Melba A Bowen/HOU/ECT@ECT, Cathy Sprowls/HOU/ECT@ECT, John
Valdes/HOU/ECT@ECT, Jennifer Lee/NA/Enron@Enron, Gregory A
Mausser/HOU/ECT@ECT, Delma Salazar/NA/Enron@Enron, James
Hungerford/NA/Enron@ENRON, Russ Severson/HOU/ECT@ECT, George
Grant/HOU/ECT@ECT, Rahmaan Mwongozi/Corp/Enron@ENRON, Greg Couch/HOU/ECT@ECT,
Alexander R Gonzales/NA/Enron@ENRON, Pamela Sonnier/HOU/ECT@ECT, Shona
Wilson/NA/Enron@Enron, David Maxwell/HOU/ECT@ECT, Susie Ayala/HOU/ECT@ECT,
Adarsh Vakharia/HOU/ECT@ECT, Burton McIntyre/HOU/ECT@ECT, Susan D
Trevino/HOU/ECT@ECT, Maria Teresa Aguilera-Peon/Corp/Enron@Enron, Jennifer
Nguyen/Corp/Enron@ENRON, Eugenio Perez/HOU/ECT@ECT, Daniel
Falcone/Corp/Enron@ENRON, Chris Abel/HOU/ECT@ECT, Kenneth
Thibodeaux/NA/Enron@ENRON, Melba A Bowen/HOU/ECT@ECT, Nancy
Hernandez/NA/Enron@ENRON, Theresa Toward/NA/Enron@Enron, Mary M
Smith/HOU/ECT@ECT, Lisa Hesse/HOU/ECT@ECT, Trisha Hughes/HOU/ECT@ECT, Jeffrey
C Gossett/HOU/ECT@ECT
cc: Elizabeth Soto/HOU/ECT@ECT, Pamela Sonnier/HOU/ECT@ECT
Subject: December 15th Move

On the evening of December 15th, we will be moving.  You will receive packing
directions for your desk the week of the move.  Boxes and moving labels will
be available on Wednesday, December 13.  Please see below for your new work
location.  If you have any questions, please contact your group Assistant.


Start Date: 1/20/02; HourAhead hour: 9;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

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11:30 Sounds fine.  Meet you downstairs.

Janel Guerrero@ENRON
04/11/2000 08:18 AM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: lunch

Do you mind meeting at 11:30 for lunch today?  I've got a 1:00 meeting I need
to get back for.  I can meet you by the revolving glass doors downstairs if
we're still on.


Charles Schwab & Co., Inc.

       Morning Market View(TM) for Friday, October 19, 2001
                       as of 9:30AM EDT
 Information provided by Schwab Center for Investment Research

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

SOFT OPEN FOR MARKETS AMID CAUTIOUS GUIDANCE

Markets are poised to open lower, despite largely positive
earnings results, as many corporations offered cautious guidance
going into the holiday season. This morning's consumer price
index data were generally in line with expectations.

In equities news, software giant Microsoft (MSFT,57,f1) reported
a fiscal 1Q profit, excluding charges of $0.43 per share,
beating the First Call consensus of $0.39 per share as sales
rose 6% to $6.13 billion. Including the charge for investment
writedowns, net income actually fell to $0.23 per share. Going
forward, Microsoft said it sees profits for the current quarter
at $0.49-$0.50 per share, a penny or two shy of the First Call
consensus estimate of $0.51 per share, on sales of $7.1-$7.3
billion. Despite upcoming shipments of its Windows XP operating
system software and Xbox video game units, the company forecast
sluggish PC sales in 2Q as a result of September's terrorist
attacks.

Network computer maker Sun Microsystems Inc. (SUNW,8.88,f1) said
it incurred a fiscal 1Q loss of $0.05 per share, excluding
items, $0.01 better than the First Call consensus estimate. The
company said sales were sluggish already in the midst of a
slowing economy, but last month's terrorist attacks exacerbated
the slowdown. Sun gave no outlook for the current quarter,
saying it will discuss expectations at its regular mid-quarter
conference call during the first week of December.

Fiber optic cable giant Corning (GLW,8.02,f2) reported 3Q
profits, excluding charges, of $0.09 per share, triple the $0.03
per share First Call consensus estimate, but sales declined 21%.
Corning said demand for its telecommunications products waned
and that it will likely miss the 4Q First Call consensus
estimate of $0.06 per share, saying it now expects to incur a
loss of between $0.20-$0.25 per share.

Internet auction vendor eBay Inc. (EBAY,59,f1&f4) posted 3Q
earnings, excluding costs, of $0.12 per share, $0.01 ahead of
the Street's mean forecast as revenues rose 71%. The company
raised its 4Q revenue estimate by roughly $5 million and
increased its earnings forecast by $0.02 per share, but eBay
expressed concern about the potentially sluggish upcoming
holiday season.

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

TREASURY AND ECONOMIC SUMMARY

Bonds were higher but had a fairly subdued reaction to the
release of this morning's September Consumer Price Index, which
rose 0.4%, according to the Labor Department. The core index,
which excludes food and energy, rose 0.2%. Analysts per Dow
Jones Newswires were expecting 0.3% and 0.2% increases
respectively. The rise in the overall CPI was mainly attributed
to a 2.6% rise in energy costs as gasoline prices spiked higher
during the month. However, energy prices have since declined
substantially and the relatively benign inflation backdrop
remains conducive to further monetary easing.

In other economic news, the August U.S. trade deficit shrank
more than expected, coming in at $27.11 billion, as exports grew
1%, while imports declined 1.1% as business and consumer
spending waned, according to the Commerce Department. Analysts
per Dow Jones Newswires were expecting the trade gap to rise to
$29 billion.

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

WORLD MARKETS

European markets retreated following the release of this
morning's German IFO business sentiment index for September,
which dropped to its lowest level in almost eight years. The IFO
index fell to 85 from August's 89.5, below economist's
expectations, and the future prospects component fell to 90.6
from August's 95.9. The dismal report pressured the euro, which
dropped against the dollar, and stoked speculation of further
interest rate cuts by the European Central Bank, amid a
deteriorating economic landscape. An upbeat earnings report from
Nokia Corp. (NOK,18.78,f2) offered little in the way of a
reprieve, even though the company posted a smaller-than-expected
3Q loss and forecast a recovery for wireless handset sales in
4Q. The Bloomberg European 500 Index was down 1.58% as of 8:54
a.m. EDT.

Asian markets were mixed, with Japan's Nikkei-225 Index closing
up 0.6% on strength in technology and pharmaceutical stocks. The
yen was virtually flat against the dollar, even as the Japanese
government put together a supplementary budget of 3 trillion yen
to address the waning economy and lingering unemployment. Crude
oil advanced modestly off its fresh two-year lows reached
yesterday, but OPEC substantially reduced its estimate of global
demand for crude for 4Q and fiscal year 2001.

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

FUTURES WATCH

In the December Globex futures contract as of 8:54 a.m. EDT, the
S&P 500 Index was down 5 points (2 points below fair value),
while the Nasdaq 100 Index was down 14.5 points (6 points below
fair value). The December DJIA futures contract was down 33
points (15 points below fair value), and the November crude oil
futures traded on the NYMEX were down $0.20 at $21.51/barrel.

William Johnson, Market Analyst

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functions, respectively. Additionally, Schwab or Schwab
Capital Markets L.P. may be on the opposite side of orders
executed on the floor of the Pacific, Boston and/or Cincinnati
Stock Exchanges or over-the-counter market respectively, as
well. Schwab (or persons related thereto) or consultants may
perform or solicit investment banking or other business from
any company mentioned in this report.
(C)2001 Charles Schwab & Co., Inc.

1) Schwab Capital Markets L.P. makes a market in this security.
2) Schwab is a specialist in this security.
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   security within the last three years.
4) An employee of Schwab is a Director of this company.
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Commercial use or redistribution in any form, print or
electronic, is prohibited.

Distribution by Quris, Inc.


What's the status?

   Kate Symes @ ECT                04/10/2001 06:29 PM

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

Subject: Re: deal 577823

This is the price Prebon quoted to Mike tonight - he'll be checking in the
morning to see what the spread should have been.

Thanks,
Kate

Evelyn Metoyer@ENRON
04/10/2001 03:23 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: deal 577823

Mike Driscoll
deal 577823
Prebon shows price as $97.95 ....enpower has $79.95


Thanks.  No major issues.

Jim

 -----Original Message-----
From: 	Rodriquez, Andy
Sent:	Thursday, October 11, 2001 11:03 AM
To:	Steffes, James D.
Subject:	RE: MTG with ELCON and PJM

Jim,

You saw this already in yesterday's Restructuring Today, right?  I think this doesn't impact our desires to gain support, but wanted to make sure this wasn't news to anybody else.  If you want, I will forward to others, unless it is already common knowledge.

BINGAMAN HALTS ENERGY
LEGISLATION FOR NOW

But Strange Wording Leads to Questions
About Senate Plan

As Chairman Jeff Bingaman, D-NM,
tells it, Senate Majority Leader Tom
Daschle urged him to suspend Energy
& Natural Resources Committee's
effort to mark up "of energy legislation
for this session of Congress."
"Instead, the chairman will propose
comprehensive and balanced energy
legislation that can be added by the
majority leader to the Senate calendar
for potential action prior to
adjournment."
Before the Senate adjourns in the
next few weeks or at the end of the
year?
We got the news at 6:03 pm
yesterday and were unable to get a
clarification. For Bingaman it's
"increasingly clear to the majority
leader and to me that much of what we
are doing in our committee is starting to
encroach on the jurisdictions of many
other committees...
"With the few weeks remaining in
this session, it is now obvious to all
how difficult it is going to be for these
various committees to finish their work
on energy-related provisions.
"Finally, and perhaps most
importantly, the Senate's leadership
sincerely wants to avoid quarrelsome,
divisive votes in committee.
"At a time when Americans all over
the world are pulling together with a
sense of oneness and purpose,
Congress has an obligation at the
moment to avoid those contentious
issues that divide, rather than unite,
us."
Bingaman will build consensus with
members of his committee with other
committee chairs and with other
senators as he readies a proposal to
present to the majority leader.
The message doesn't seem to rule
out getting a package to the majority
leader that could be put into a
conference report at some opportune
time, thus avoiding committee
arguments over drilling versus
comprehensive electricity reform. We
suspect because of Bingaman's views
at the Enron dinner last week that he's
thinking of Senate action next year.
Joe Barton, R-Tex, is going ahead
today with hearings on RTOs, reliability
and the need for comprehensive
electricity legislation.

Andy Rodriquez
Regulatory Affairs - Enron Corp.
andy.rodriquez@enron.com
713-345-3771

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Thursday, October 11, 2001 7:43 AM
To:	Yeung, Charles; Bestard, Jose; Walton, Steve; Perrino, Dave; Shelk, John; Novosel, Sarah; Rodriquez, Andy; Shortridge, Pat; Nicolay, Christi L.
Cc:	Robertson, Linda; Shapiro, Richard
Subject:	MTG with ELCON and PJM

Today after the Hearing I attended lunch with John Anderson and Phil Harris.  One of the primary points of discussion involved what to do to respond to the NERC legislative efforts?

Basically we agreed that a straightforward delegation of authority over reliability to FERC made sense for all of the groups.  Agreeing to that, the idea is to review the Bingaman language and see if our groups could agree to that language.

I think that internally Enron is already there???  John Shelk, if you could pls send out the language to everyone on this e-mail to get agreement that would be very helpful.

I'll let you know how we next proceed.  If anyone has any problems, please let me know.

Thanks.


The ones to Hobby are American, and the others are Continental.  On American,
the one's I sent are the about the only ones.  Continental has many available
flights for about $35 more.

Mat


Hello Matt Motley,

In this issue: Big Picture on Merchant Energy - Merchant Energy players have experienced significant upside over the past month; however, as we have stated previously, investors should continue to expect volatility through the end of the summer as several uncertainties continue to haunt the sector.

To download this report Click here <http://www.reedwasden.com/members/download.asp?ID=150&email=matt.motley@enron.com>.
If a link does not appear above please copy the url between the '[' and ']' below and paste it into your browser.
[ http://www.reedwasden.com/members/download.asp?ID=150&email=matt.motley@enron.com ]
Please make sure that your email address is at the end of the url.

Thank you,
The Sector Reports Team

As always, we welcome any feedback on our research including questions and opinions.
To be removed from this mailing, click here <http://www.reedwasden.com/unsubscribe.asp?email=matt.motley@enron.com&pubid=2> or reply to this email with 'UNSUBSCRIBE-Sector Reports' in the subject field.


A very successful energy trader parked his brand-new Mercedes in
front of his
office, ready to show it off to his colleagues. As he
got out, a
truck passed too close and completely tore off the
door on the
driver's side. The trader immediately grabbed his cell
phone, dialed
911, and within minutes a policeman pulled up.

Before the officer had a chance to ask any questions,
the energy trading icon
started screaming hysterically. His Mercedes, which he
had just picked
up the day before, was now completely ruined and would
never be the
same, no matter what the body shop did to it.

When he finally wound down from his ranting
and raving, the
officer shook his head in disgust and disbelief. "I
can't believe how
materialistic you energy traders are," he said. "You are so
focused on your
possessions that you don't notice anything else."

"How can you say such a thing?" asked the trader.

The cop replied, "Don't you know that your left arm is
missing from
the elbow down? It must have been torn off when the
truck hit you."

"My God!" screamed the master trader. "Where's my Rolex?"


Are you there.  I tried calling and no one picked up.  I'm ready to go...

	"Patti Young" <pyoung@cliverunnells.com>
	12/08/2000 05:03 PM

		 To: <Tana.Jones@enron.com>
		 cc:
		 Subject: RE: Friday Evening

O.K.

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com]
Sent: Friday, December 08, 2000 12:40 PM
To: pyoung@cliverunnells.com
Subject: Re: Friday Evening

So far, I can probably leave on time today, which would be about 5:30 pm.
Let's just check again as the end of the day gets closer.  I think it would
be a good idea to meet there, since we're coming from opposite directions.
Dinner sounds good to me....

                    "Patti Young"
                    <pyoung@cliverun        To:     "Tana Jones"
<tana.jones@enron.com>
                    nells.com>              cc:
                                            Subject:     Friday Evening
                    12/08/2000 04:32
                    PM

Tana,

If you are still interested in doing the Williams Collection do, what would
be a good time for you to go.  We can meet there and then go to dinner.
Or,
you could come by my place and get a look again and help me pick out the
right furniture.  Whatever is convenient for you, please let me know.


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed050901.pdf
 - ed050901.xls


The report named: East Power Desk Daily Price Report <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=15&report_name=East+Power+Desk+Daily+Price+Report&category_cd=5&category_name=EAST&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=10/23/2001>, published as of 10/23/2001 is now available for viewing on the website.


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 08/25/2000
03:54 PM ---------------------------

Stacy Chang <Schang@cook-inlet.com> on 08/25/2000 02:49:15 PM
To: Matthew Lenhart <Matthew.Lenhart@enron.com>
cc:

Subject: Do not try this at home - its more painful then it looks. :)

 Do not try this at home - its more painful then it looks. :)

  <<pool.mpg>>

 - pool.mpg


TO:         Interested Industry Participants
FROM:   Rae McQuade, Executive Director
RE:     Meeting Agenda for Industry Meeting to be held April 17, 2000
DATE:       April 7, 2000

To follow up on the meeting held on February 14 regarding the industry
support for an organization whose role would be to develop wholesale and
retail energy standards, two additional public meetings will be held.  These
meetings are public and any interested industry participant is invited to
attend.  This meeting agenda is attached in .pdf format.  You may already
have received the meeting announcement from our office.

Scope is the topic of this meeting.  Once again, the Department of Energy has
graciously offered its facilities for the meeting site.  The meeting
specifics are below:

WHERE:  Department of Energy
            Forrestal Building
            1000 Independence Avenue, SW
            Washington, DC 20585

WHEN:       Monday, April 17
            1:00 p.m.  to  6:00 p.m.

Work papers for this meeting can be forwarded to the GISB office by April 12
in electronic format (gisb@aol.com).  The work papers should address items
that should or should not be included within the scope of an organization
whose role would be to develop wholesale and retail energy standards.  The
work papers will be posted on the home page (www.gisb.org) and emailed to all
participants on April 13.

The Department of Energy has security procedures for visitors, so those
intending to attend the meeting should notify the GISB office (gisb@aol.com)
by Wednesday, April 12 and provide the following information:
? Name of Attendee
? Company Represented
? Phone Number
? Email Address
? Fax Number
? Country of Citizenship
An attendance list will be provided to the Department of Energy to facilitate
the sign in procedures.

Governance including industry segments and voting is the topic of a
subsequent meeting, scheduled for April 26 from 1:00 p.m. to 6:00 p.m. at the
Federal Energy Regulatory Commission Building, 888 1st Street NE,
Washington, D.C.  The meeting announcement and agenda for April 26 will be
made available shortly.

Please feel free to call the GISB office should you have any questions or
comments.  We look forward to seeing you at this industry meeting.

Best Regards,
Rae McQuade

 - agenda.pdf


I'm trying to find good in this announcement but not much is coming from it.
I did have a good interview at Duke Business School last week.  I should be
hearing from NYU-Stern and Duke in the next couple of weeks.  What is my next
option?  Any suggestions regarding writing letters to anyone you know at Duke
or NYU?
Ben


Wyoming.Fort Union Gas Gathering.
09/24/2001
Natural Gas Week

EOTT'S RECAPITALIZATION WILL INCLUDE CONVERSION OF UNITS, NEW FINANCING
09/24/2001
Petroleum Finance Week

Stock Rating Reiterations Closing Update
09/24/2001
Dow Jones News Service

APGA Urges EIA to Gather Gas Data to Dampen Price Volatility
NGI's Daily Gas Price Index
published : September 25, 2001

COMPANIES & FINANCE INTERNATIONAL - Appetite for North American energy assets remains strong
By SHEILA MCNULTY and KEN WARN.
09/25/2001
Financial Times

CALIFORNIA PREMIUM GASOLINE DROPS TO 91 OCTANE RATING
09/24/2001
Octane Week

Williams Invests Big in Deepwater.
09/24/2001
Natural Gas Week
----------------------------------------------------------------------------

Wyoming.Fort Union Gas Gathering.

09/24/2001
Natural Gas Week
P14
(c) 2001 Energy Intelligence Group. All rights reserved
Fort Union Gas Gathering announced that as of Sept. 5 it had tested and placed in service a 62-mile expansion of its system which will allow it to accommodate increased natural gas production in the Powder River Basin. Gathering system capacity is now at 634 MMcf/d, up from 434 MMcf/d before the expansion.
The system now extends roughly 105 miles from near Gillette, Wyoming, south to Glenrock, Wyoming. The system interconnects with Colorado Interstate Gas' Powder River lateral, the KN Interstate system, and Wyoming Interstate's Medicine Bow Lateral.
Fort Union Gas is a limited liability company whose partners are affiliates of CMS Energy, Northern Border Partners, Western Gas Resources, El Paso and Williams.

EOTT'S RECAPITALIZATION WILL INCLUDE CONVERSION OF UNITS, NEW FINANCING

09/24/2001
Petroleum Finance Week
(c) 2001 Phillips Business Information, Inc.
EOTT Energy Partners L. P. (NYSE: EOT) announced a recapitalization that will include a conversion of outstanding subordinated units and additional partnership interests (APIs) into common units and implementation of a refinancing plan. Upon the plan's successful completion, directors of EOTT's general partner, EOTT Energy Corp., intend to increase the annual cash distribution on common units from $1.90 to $1.95. Elements of the plan require unitholder approval, which will be sought later this year. "We believe that the plan enhances the value of EOTT's common units and places our common unitholders in a position to realize immediate benefit from increases in the partnership's available cash," said EOTT Chairman Stan Horton.
In the conversion of subordinated units and APIs to common units, Enron Corp. (NYSE: ENE) and Koch Petroleum Group L.P. have agreed to convert all 9 million outstanding subordinated units and $9.3 million of APIs into approximately 4.3 million common units. EOTT anticipates that these changes in capital structure will enhance its ability to increase cash distributions to its common unitholders. An amendment to the partnership agreement will be required to make the conversion.
EOTT also intends to affect equity and long-term debt offerings to refinance short-term debt incurred in connection with a $117 million asset acquisition that it completed in June 2001. The Houston partnership also intends to replace its existing working capital credit facility with a new bank credit line. EOTT said that the financings, which it expects to complete by the end of the year, would not require it to amend the partnership agreement.

Stock Rating Reiterations Closing Update: TUNE INTU CHKP

09/24/2001
Dow Jones News Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)
Company               Symbol  Brokerage Firm        Reiterated Rating:
Microtune             TUNE    Prudential             Buy
Intuit                INTU    Prudential             Buy
Check Point Sftwr     CHKP    Buckingham Research    Strong Buy
Quest Diagnostics     DGX     Merrill Lynch          NT Buy/LT Buy
Thoratec Labs         THOR    Adams Harkness         Buy
Star Gas Prtnrs       SGU     Dain Rauscher Wessels  Buy
No. Border Prtnrs     NBP     Dain Rauscher Wessels  Buy
Sanmina               SANM    CSFB                   Strong Buy
Juniper Networks      JNPR    Buckingham Research    Neutral
Vitria Tech           VITR    Buckingham Research    Accumulate
Netegrity             NETE    Buckingham Research    Strong Buy

NGI's Daily Gas Price Index
published : September 25, 2001
APGA Urges EIA to Gather Gas Data to Dampen Price Volatility
The American Public Gas Association (APGA) has called on the Energy Information Administration (EIA) to begin collecting and distributing "relevant and timely" natural gas production and consumption information on a regular basis to help temper the "extreme price swings" in the market.
"We believe that such information, if available on a timely basis, would achieve the twin goals of providing better transparency in the marketplace and effectively promoting stability in natural gas markets," wrote APGA President Bob Cave in a letter Friday to EIA Acting Administrator Mary Jean Hutzler.
Specifically, the group of municipal distributors urged the Department of Energy (DOE) agency to "exercise its broad jurisdiction" under the Federal Energy Administration Act (FEAA) to "collect and disseminate" information pertaining to production, production capability, pipeline capacity, pipeline capacity utilization and end-use consumption by customer class. This "is not intended as an inclusive list of needed information, but rather as a starting point."
By gathering this additional information, Cave believes the overriding significance that the gas industry currently attaches to the American Gas Association's (AGA) weekly storage reports would diminish. "AGA's weekly storage report is an important piece of data because industry participants perceive it as an indicator of the balance in supply and demand. But, because it is just about the only relevant and timely data available in the marketplace, there is an inordinate amount of price volatility associated with its anticipated release and its actual release," he said.
APGA "firmly believes that the only way to combat such volatility is to make available to the marketplace other relevant production and consumption data, so that the AGA report is viewed in its proper perspective," Cave noted.
The group recommended that the EIA meet with other industry trade groups and the Federal Energy Regulatory Commission "as promptly as possible to develop a comprehensive list of the needed data to permit EIA to fulfill its statutory mission" under the FEAA.

COMPANIES & FINANCE INTERNATIONAL - Appetite for North American energy assets remains strong - The pace ...
By SHEILA MCNULTY and KEN WARN.

09/25/2001
Financial Times
(c) 2001 Financial Times Limited . All Rights Reserved
COMPANIES & FINANCE INTERNATIONAL - Appetite for North American energy assets remains strong - The pace of mergers and acquisitions in the oil and gas industry shows no sign of slowing, write Ken Warn and Sheila McNulty.
Global economic uncertainty and weak oil and gas prices are not slowing the pace of consolidation in the North American energy industry.
With some oil and gas companies bullish on energy prices over the longer term, Canadian assets, in particular, look set to remain in strong demand.
The appetite for energy assets could even strengthen as companies look for secure and readily accessible oil and gas supplies following the attacks on the US, some analysts believe.
"We are starting to see a lot more interest in domestic players," says Martin Molyneaux of Calgary-based First Energy Capital. "Assets in political hot spots have been sharply marked down."
Duke Energy, the biggest US utility owner, last week agreed to buy Westcoast Energy, a Canadian pipeline company, for about USDollars 8.5bn in cash, stock and assumed debt.
TransCanada Pipelines, the country's biggest pipeline company, on Friday sold some of its gas marketing and trading operations to a unit of BP.
At least two other Canadian energy companies may be on the block.
Husky Energy, the integrated oil and gas producer, confirmed last week it was in talks with unnamed "parties" on "potential transactions".
Calgary-based Husky, which is majority-owned by companies controlled by Li Ka-shing, the Hong Kong businessman, has a market capitalisation of C$7.9bn (USDollars 5.04bn).
The company has heavy oil assets in western Canada, refining and marketing operations, and expertise in natural gas. Husky's assets could be divided among several purchasers, analysts believe, with US, Canadian or international companies among the possible buyers.
Canadian Hunter, a smaller producer which is focused on natural gas, has seen its share price rise 15 per cent over the past four weeks amid takeover speculation.
"Any American company that wants to set up a presence in Canadian natural gas could find Canadian Hunter attractive," Mr Molyneaux says.
PanCanadian Petroleum, one of Canada's biggest natural gas producers, is one of a handful of Canadian companies seen as having the scale to be a consolidator in the industry, but even it could fall prey to a US or international buyer. It is due to be spun off next month by majority-owner Canadian Pacific.
US energy companies say they have been increasingly looking to Canada because it is relatively unexplored compared with the US.
"Reserves have generally declined in the US over the past 10 years," says Rob McKee, executive vice-president of exploration and production at Conoco.
"The lower 48 states are much more drilled and explored than Canada is." Conoco itself acquired Gulf Canada Resources in July in a USDollars 6.3bn deal - the largest oil and gas deal in Canadian history.
Analysts suspect the terrorist attacks on the US could bolster the arguments for opening the environmentally sensitive Arctic National Wildlife Refuge in Alaska to drilling.
That would lessen US dependence on foreign energy sources. "Perhaps this will provide the push to open up the Arctic refuge," says Bill Featherston of UBS Warburg.
Investors' wariness of energy companies with assets in politically sensitive areas has taken its toll on Canada's Talisman Energy, which has seen its share price under pressure since the attacks on the US.
Talisman has a 25 per cent stake in the Greater Nile Oil Project in Sudan, a country wracked by civil war and which was formerly a haven for Osama bin Laden.

CALIFORNIA PREMIUM GASOLINE DROPS TO 91 OCTANE RATING

09/24/2001
Octane Week
(c) 2001 Phillips Business Information, Inc.
With little fanfare, the octane rating of premium gasoline in California has dropped from 92 to 91. The change occurred in the first week of August. While the California Energy Commission (CEC) says the switch was made to help refiners deal with the upcoming MTBE ban in the state beginning in 2003 and the subsequent demand for ethanol, some say other factors are at work - such as Unocal's RFG patents.
"To say it's just the ethanol issue... no way," said Will Woods, executive director of the Automotive Trade Organizations of California. "We don't believe that for one minute."
The CEC lowered the octane rating of premium gasoline in California after asking Kinder Morgan, the state's primary fuel pipeline operator, to survey oil refiners about whether or not they wanted to make the change, said CEC spokesperson Rob Schlichting. When refiners said yes, the CEC made the switch, he said. "As California moves ahead without MTBE, it is difficult to create 92 octane gasoline," he continued. "They would have to use a lot of other blending components."
It's cheaper to use Unocal's patents to make 92 octane gasoline than it is to blend around them, Woods said. But it's even cheaper to switch to 91 octane and never have to worry about the Unocal patents again, he continued.
Schlichting admits that he has heard that avoiding the Unocal patents is a big benefit of the new octane rating, but said that was not the reason the CEC did its initial study. The decision was not made with any government involvement, and was a result of industry input, he said.
While the octane rating has dropped, the price of premium gasoline has not dropped accordingly, Schlichting also acknowledged. "I don't think it's enough of a quality change that you'll see a drop in price," he said. "After all, it's not inferior gasoline."
"It sounds like a profit maximizing strategy to me," Unocal spokesman Barry Lane said. "We find it very interesting that they drop octane, but margins remain the same. The consumer will ultimately decide if this is a good idea or not."

Williams Invests Big in Deepwater.

09/24/2001
Natural Gas Week
P18
(c) 2001 Energy Intelligence Group. All rights reserved
Williams will invest more than $400 million to develop the infrastructure for the Devils Tower deepwater project, the company announced last week.
Devils Tower is being developed through an innovative, but increasingly popular, third-party midstream transaction by Williams. The field will be majority owned and operated by Dominion Exploration & Production, while Williams will build the infrastructure for Dominion to use (17#37-07).
In exchange for the use of the facilities required to produce the Devils Tower field, Dominion and Pioneer Natural Resources, the minority field owner, will make fixed monthly payments. Williams will own the floating production facility and export pipelines. Williams has contracted with Dominion to operate the floating production facilities.
A portion of the expected revenues for the project through 2011 will come from these fixed payments associated with the use of the infrastructure. The fixed payments will begin upon facility commissioning and will provide more than 50% of the anticipated revenue for the first five years of the project, Williams said.
Williams will assume responsibility for payment of the truss spar floating production facility which Dominion had already contracted from J. Ray McDermott's SparTEC subsidiary. The facility will handle up to 60,000 b/d of oil from as many as eight wells. First production is expected in mid-2003. Reserves are estimated at 50 million-75 million bbl of oil.
The field is located in Mississippi Canyon Block 773 in 5,600 feet of water. Dominion is the operator and 75% interest holder. Pioneer has the remaining stake.
In addition, Williams plans to build two separate oil and gas pipelines from the floating production facility. The 18-inch Canyon Chief gas pipeline will run 96 miles to the Mobile Bay lateral owned by Transco, a unit of Williams. The Transco lateral will move the product to Williams' Mobile Bay gas processing plant. The natural gas liquids will then be shipped to Williams' Baton Rouge fractionator and other downstream markets on the Tri-States and Wilprise pipelines, which are operated and partly owned by Williams.
The oil line, the Mountaineer pipeline, will transport crude oil from the deepwater platform to an onshore oil terminal.