Gerald -- I don't know of any other deals, but that doesn't mean there aren't
any.  I'm looking at the tariff right now.  Will advise ASAP.

To: Rebecca W Cantrell/HOU/ECT@ECT, Stephanie Miller/Corp/Enron@ENRON
cc: Steve Van Hooser/HOU/ECT@ECT
Subject: PGE due diligence effort

Stephanie,  I have the copy of the contract so don't worry about that.  Do
you know of any other deals with PGT we currently hold?

Becky,  You knowledge of any other PGT deals we have along with the tariff
provisions would be appreciated.  I am trying to prepare a brief for Travis
by late tommorrow.

Thanks.
----- Forwarded by Gerald Nemec/HOU/ECT on 01/10/2001 03:16 PM -----

	Steve Van Hooser
	01/10/2001 02:38 PM

		 To: Stephanie Miller/Corp/Enron@ENRON, Rebecca W Cantrell/HOU/ECT@ECT
		 cc: Gerald Nemec
		 Subject: PGE due diligence effort

Stephanie and Becky,

I need your help with the PG&E credit exposure diligence described in Travis
McCullough's e:mail set forth below. Could you please forward me (i) copies
of the Service Agreement, Capacity Release materials and executed PGT
Agreement for the 67,000 MMBtu of transport acquired in 1998, and (ii) the
Tariff provisions that deal with the matters described in Travis' e:mail.
Also, what additional transportation transactions do we currently have on
PG&E entities.  Do you have a feel for that? We are supposed to be helping
Credit to get a handle on (a) PG&E exposure and (b) setoff opportunities as
to such exposure. Of course, Credit would like our input by Friday.

Thanks for your help.
Steve Van Hooser
----- Forwarded by Steve Van Hooser/HOU/ECT on 01/10/2001 02:27 PM -----

	Shari Stack
	01/09/2001 10:10 AM

		 To: Steve Van Hooser/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Alan
Aronowitz/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Dan
J Hyvl/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT
		 cc: Jeffrey T Hodge/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Travis
McCullough/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT
		 Subject: PGE due diligence effort

My asst., Kaye Ellis, will be calling each of you this morning to see if you
can attend a short meeting today to discuss a due diligence effort with
regard to Pacific Gas  and Electric Company and its various subsidiaries.  We
have an overall exposure report from Credit which shows that Enron is exposed
to PG&E in virtually all of the commodities that we transact.

In the meeting today - Travis and I will help you identify the PG&E
entity/entities which may have transactions with Enron concerning your
particular commodity. We will ask you to pull the relevant master agreement
and provide the information set forth below.
Thank you in advance for your help,
Shari
   ----- Forwarded by Shari Stack/HOU/ECT on 01/09/2001 09:57 AM -----

	Travis McCullough
	01/09/2001 09:12 AM

		 To: Shari Stack/HOU/ECT@ECT, Andrew Edison/NA/Enron@Enron
		 cc: William S Bradford/HOU/ECT@ECT
		 Subject: PGE due diligence effort
Here is a list of the information that we will need to collect from each
master agreement:
Governing law;
summary of setoff provisions (in particular, does the contract give us the
right to setoff (i) only those transactions under the specific master, (ii)
transactions under other agreements between the same counterparties; or (iii)
transactions under other agreements between affiliates of the counterparties;
(v) all transactions or only those transactions that we elect to offset;
summary of termination provisions (automatic upon bankruptcy or insolvency of
a party? any notice requirements?)
summary of liquidated damages provisions (how computed?  provision for
two-way LD's (such that even the breaching party gets a payment if they are
in the money?)
We also need to discuss how we can get comfortable that all transactions were
properly booked under the correct master agreement, and that there are no
significant "glitches" in our transaction documentation.


1st, and 10th

To: Eric Bass/HOU/ECT@ECT
cc: Jason.Bass2@COMPAQ.com, Phillip M Love/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, lqcolombo@aol.com, Michael
Walters/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, Gary W Lamphier/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, Hector Campos/HOU/ECT@ECT, Lenine
Jeganathan/HOU/ECT@ECT, Brian Hoskins/HOU/ECT@ECT
Subject: Re: Draft Order Determined

2nd pick is available if you can package a good offer together.


Usually Paul Garcia works with Susan Ralph

-----Original Message-----
From: Hayslett, Rod
Sent: Wednesday, November 28, 2001 10:00 AM
To: Geaccone, Tracy
Subject: Fw: Five Day Rolling Forecast

How do we get eott requests into the system?   Primariy for LC's?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

-----Original Message-----
From: Garcia, Paul <Paul.Garcia@ENRON.com>
To: Grajewski, Joseph T. <Joseph.T.Grajewski@ENRON.com>; Williams, David <David.C.Williams@ENRON.com>; Reeves, Leslie <Leslie.Reeves@ENRON.com>; Sweeney, Kevin <Kevin.Sweeney@ENRON.com>; Price, Brent A. <Brent.A.Price@ENRON.com>; Bruce, Michelle <Michelle.Bruce@ENRON.com>; Smith, Jeff E. <Jeff.Smith@ENRON.com>; Hall, Bob M <Bob.M.Hall@ENRON.com>; Scott, Laura <Laura.E.Scott@ENRON.com>; Apollo, Beth <Beth.Apollo@ENRON.com>; Whiting, Greg <Greg.Whiting@ENRON.com>; Brackett, Debbie R. <Debbie.R.Brackett@ENRON.com>; Hodges, Georgeanne <Georgeanne.Hodges@ENRON.com>; Nelson, Kimberley <Kimberley.Nelson@ENRON.com>; Choyce, Karen <Karen.Choyce@ENRON.com>; Sommers, Jeffrey E. <Jeffrey.E.Sommers@ENRON.com>; Hayslett, Rod <Rod.Hayslett@ENRON.com>; Patel, Trushar <Trushar.Patel@ENRON.com>
CC: DeSpain, Tim <Tim.DeSpain@ENRON.com>; Freeland, Clint <Clint.Freeland@ENRON.com>; Perkins, Mary <Mary.Perkins@ENRON.com>
Sent: Wed Nov 28 09:44:29 2001
Subject: Five Day Rolling Forecast

   I would like to quickly recap the result of yesterday's meeting.  Your five day forecast should be input into the Treasury Forecasting Intranet Website by 3PM daily. The website address is egf.enron.com.  It is imperitive that we use the website so that all of the information is compiled in one location.
   Every payment is being scrunitized by senior management. Please understand that if your disbursements are not forecasted there is a good chance they may not be paid.
   In order to get the ball rolling, I ask that you input your five day forecast by 12 noon today. If you have any question or concerns do not hesitate to call me. Your cooperation is greatly appreciated.

Paul Garcia
713-853-6502 FAX 713-646-2375


Part 2

Scouting Oklahoma State
The Longhorns open defense of their Big 12 South championship Saturday at 11
a.m. against Oklahoma State in a game that will be televised by ABC.
The Cowboys opened their season with a 36-26 win over Tulsa, then blanked
Southwest Texas, 23-0, before suffering their first loss at the hands of
nationally ranked Southern Mississipp, 28-6, Saturday.
The Cowboys have one of the most balanced offenses in college football,
averaging 191 yards rushing and 178 passing.
The Longhorns, on the other hand, have lived and died by the pass this
season. However, they ran the ball better last week and hope to be able to
test the Cowboy's defense, which is No. 1 nationally against the run.
QB Tony Lindsay has always played well against Texas, but he has had injury
problems throughout his career and he was knocked out of the loss to Southern
Mississippi with a shoulder injury in the third quarter.
RB Reggie White, a 230-pounder with good speed, has been the go-to guy on the
ground for the Cowboys.
White could pose a problem for the Longhorns because their normally stout
middle defense has been weakened by injuries to DTs Shawn Rogers (knee),
Stevie Lee (foot) and Ryan Haywood (shoulder).
It is doubtful that Rogers, an All-Big 12 selection, will be able to play
Saturday. Redshirt freshman Marcus Tubbs played well against Houston after
Rogers was hurt, but depth will be a problem unless Lee can return. He and
Tubbs were the second-team tackles.
Defensively, the Cowboys are led by an outstanding front four, headed by ends
Zac Warner and Juqua Thomas, who had 13 sacks each last year to lead the team.
The Cowboys are inexperienced in the secondary, but it won't matter if Warner
and Thomas can get to the UT quarterbacks before they throw.
The Horns should win this one, but it could be close.
Here's how the teams compare statistically (national rank in parenthesis):
)))))))))))))))))))))))))))))))))))))))))))))
Texas                     Oklahoma State
Offense
(106) 65.3       Rushing Avg.       (21) 191
(5) 328.7        Passing Avg.       (30) 178
(39) 394        Total Off. Avg.     (57) 369    (8) 41.3         Scoring Avg
(75) 21.7
Defense
(4) 47               Rushing Avg.        (1) 30.3
(67) 207.7       Passing Avg.             (92) 245
(12) 254.7      Total Def. Avg.        (20) 275.3   (13) 12.3    Opp. Scoring
Avg             (38) 18
(52) 35.5       Net Punting          (91) 31.6

Big 12 Roundup
Texas Tech visits Texas A&M and Kansas State travels to Colorado in the
headliners of the Big 12 Conference's first week of league play.
Tech and A&M are two of the contenders for the Big 12 South crown, and their
early showdown will help determine the pecking order.
Colorado is winless, but the Buffaloes have lost by narrow margins to three
very good teams and they are always tough in Boulder, so K-State probably
will have all it can handle after playing four patsies in a row to open the
season.
BIG 12 STANDINGS
SOUTHERN DIVISION
Conference        Season
W   L  PF    PA     Pct.      W   L    PF     PA     Pct.
Texas Tech  0    0  000   000    .000     4    0   101     26     1.000
Oklahoma    0    0  000   000    .000     3    0   142     35     1.000
Texas       0    0  000   000    .000     2    1   124     37       .667
Texas A&M   0    0   000  000    .000     2    1   106     44       .667
Baylor      0    0  000   000    .000     2    1     57     54       .667
Oklahoma State  0    0  000   000    .000     2    1    65      54       .667
NORTHERN DIVISION
Conference        Season
W   L  PF     PA      Pct.      W    L   PF    PA     Pct.
Kansas State    0    0  000   000      .000     4     0  212     27   1.000
Nebraska        0    0  000   000      .000     3     0  118      50   1.000
Iowa State  0    0  000   000      .000     3     0    86     51   1.000
Kansas      0    0  000   000      .000     2     1    82      51    .667
Missouri        0    0  000   000      .000     1     2    69     95     .333
Colorado        0    0  000   000      .000     0     3    52      62    .000
Last Week's Results
Texas 48, Houston 0
Oklahoma 42, Rice 14
Baylor 28, South Florida 13
Southern Mississippi 28, Oklahoma State 6
Kansas State 55, North Texas 10
Nebraska 42, Iowa 13
Kansas 42, Southern Illinois 0
This Week's Games
Oklahoma State at Texas, 11 a.m. (ABC)
Texas Tech at Texas A&M, 11:30 a.m. (FOX Synd)
Kansas at Oklahoma, 2 p.m.
Kansas State at Colorado, 2:30 p.m. (ABC)
Iowa State at Baylor, 6 p.m.
Missouri at Nebraska, 6 p.m. (FOX Sports Net)
2000 Longhorn Schedule, Record (2-1)
Texas  Opp.
Sept. 9     Louisiana-Lafayette   52    10
Sept 16    at Stanford        24    27
Sept 23    Houston            48      0
Sept 18    Rice
Sept 30    Oklahoma State
Oct. 7       Oklahoma (Dallas)
Oct. 14    at Colorado
Oct. 21    Missouri
Oct. 28    Baylor
Nov. 4      at Texas Tech
Nov. 11    at Kansas
Nov. 24    Texas A&M

Scoring by Quarters
Texas          9      48      31         36 -  124
Opponents     16       7       7      7 -    37

Recruiting Roundup
Texas has 16 commitments now after getting a pledge last week from Tyler CB
Aaron Ross, 6-1, 182, 4.42.
Ross, an outstanding man-for-man defender, said he had scholarship offers
from Alabama, Arkansas, Baylor, LSU, Oklahoma, Texas A&M and others, but said
he committed to Texas "because I've always been a Longhorn fan, and I really
like the Texas coaches."
He said Darryl Drake and Everett Withers were the two Texas coaches who
recruited him, and he said Withers, the Texas secondary coach, came to see
him play in his second game this season.
He is a big, fast corner with long arms, but don't look for him to get many
picks this year because he doesn't get many passes thrown his way because he
is so good at tight man-for-man coverage.
I went to Waco Friday night to see the Lions play Tyler Lee. Waco LB Derrick
Johnson scored one touchdown on an 11-yard interception return and just
generally wreaked havoc on Lee's efforts to make a game of it.
Waco won, 34-9, and Johnson is as good a linebacker as I have seen in Texas
recently. He is 6-3 or 6-4, weighs around 205 and he can really run. He has
the frame to carry 230 pounds without losing any speed.
He says Texas is his No. 1 choice, but he also says he probably will take all
five official visits before making a decision.
Other schools in contention are A&M, FSU, Oklahoma and UCLA, but he says,
"I'd like to play pretty close to home so my friends and family could see me
play."
His teammate, DT Sharod McGowan, is listed in the program as being 6-2 and
260. He doesn't look that heavy, but he is a dominating player, too, on
occasion.
McGowan is very quick and might be better suited to playing DE at the college
level.He doesn't play with the same intensity as Johnson, but he can dominate
a game when he plays all out.
FB James Buchanon of Sarasota, Fla.,  and DL Kaelen Jakes of Valencia HS in
Placentia, Cal., both took their official visits to Texas last weekend, and
their families said both had great times.
Buchanon was heading home Sunday night, but Jakes wasn't going back to
California until Monday morning.
Neither had committed as of Sunday night.
DE Eric Hall of Clarksville, Tenn., is the only other recruit who has taken
an official visit to Texas so far this year.
Other recruits who attended Saturday's game were OL William Winston of
Houston Madison, safeties Dewayne Brandon of Temple and Rufus Harris of La
Porte, and two top recruits who have already committed to Texas ) super OL
Jonathan Scott of Dallas Carter and DB/WR Brian Carter of The Woodlands. They
were on unofficial visits.

Winston, who dominated Aldine's fine DE Lawrence Hooper when their two teams
met earlier this season, said, "He told me last year I was the best offensive
lineman he faced all year, and I wanted to be sure he didn't change his mind."
Winston said he enjoyed the game and getting to meet the Texas players and
coaches. "They have a classy operation with classy people," he said, adding
that UT, A&M, UCLA, Tennessee and LSU are his top five schools right now.
Here's a list of the Horns' 16 early commitments:
Offensive Line (7)
Jonathan Scott, 6-7, 290, 4.9, Dallas Carter
Abe Robinson, 6-6, 270, 4.9, Jersey Village
Alfio Randall, 6-6, 300, 5.1, Blinn JC
Mike Garcia, 6-5, 280, 5.2, Galena Park
Will Allen, 6-5, 300, 5.2, Cypress Falls
Roman Reeves, 6-6, 295, 5.2, Livingston
Terrance Young, 6-6, 340, 5.5, Longview
Running Back (2)
Cedric Benson, 5-11, 200, 4.5, Midland Lee
Anthony Johnson, 5-11, 195, 4.4, Jefferson
Linebacker (2)
Yamil LeBron, 6-2, 240, 4.7, Killeen Ellison
Lance McFarland, 6-1, 225, 4.6, Jefferson
Defensive Back (5)
Cedric Griffin, 6-1, 180, 4.4, San Antonio Holmes
Aaron Ross, 6-1, 182, 4.42, Tyler
Kendal Briles, 5-10, 175, 4.5, Wolfforth Frenship
Braden Johnson, 6-2, 200, 4.5, Euless Trinity
Brian Carter, 5-11, 180, 4.5, The Woodlands
* * * *
RECRUITING NOTES: QB Matt Nordgren of Dallas Bishop Lynch is not blessed with
great receivers this year, but his team is 4-0 and it defeated defending
private school state champion Houston St. Pius, 22-12 Saturday night, with
Nordgren running 14 yards for one TD and hitting a 13-yard pass for another.
He completed six of nine passes for 70 yards and ran four times for 21 yards.
He says he will visit LSU and Kentucky the next two weekends, and probably
will be ready to commit to Texas by Oct. 15. . . Brent Rawls of Shreveport
Evangel, the other top QB Texas is pursuing, had an awesome game Thursday in
a battle between Louisiana powers Evangel and and Shreveport Byrd. Rawls
completed 22 of 37 passes for 477 yards and three TDs and ran for 42 yards
and two more scores to lead Evangel to a 49-45 comeback victory. He visited
Purdue last weekend and will visit Florida State the Oct. 14 weekend. He also
is considering LSU . . Midland Lee, which had won back-to-back state titles
in Texas, picked the wrong year to tangle with Louisiana powerhouse West
Monroe. Lee hung with West Monroe for a half before falling, 36-8. Benson,
who is running behind all all new offensive line (he is one of only two
starters back on offense), scored Lee's only TD when he broke loose for 78
yards on his third carry. He wound up with 151 yards on 23 carries and also
caught a 17-yard pass to account for most of the Rebels' yardage.

Softball Team Gets Big Pledge
Cat Osterman, a super 6-1 left-handed pitcher from Houston Cypress Springs,
has committed to play for the Longhorn women's softball team.
She said she will sign with Texas during the early signing period that begins
in November.
In adding to pitching for her high school, she was the ace pitcher last
summer for the Katy Cruisers team that won the national title for the ASA
18-and-under Gold Division, which was the top national group.
At the ASA National Tournament in St. Louis, she struck out 106 in 53 innings
and pitched one perfect game and one no-hitter while going 7-1 against the
top high school seniors and college freshmen in the country.
Osterman pitched against the U. S. Olympic team last summer while playing for
the Katy Cruisers and struck out 11 of the 16 batters she faced while
allowing just one hit in five innings.
The Cruisers were the only team to take the Olympic team to extra innings,
losing 1-0 in eight innings.
The only other pitchers who struck out more Olympians were professional team
pitchers who went seven full innings, and none of them struck out more than
12.
Carol Adcock, Osterman's coach at Cypress Springs, said, "She could have gone
anywhere she wanted. Every top softball program in the nation wanted her."
Adcock said Osterman compares favorably with former Longhorn All-American and
current Olympian Christa Williams at a comparable stage in their careers.
"Cat doesn't throw quite as hard as Christa did in high school," Adcock said,
"but she has more movement on her pitches. She is as dominating as any high
school pitcher I have seen."
Osterman had a 16-4 record last season at Cy Springs. She gave up only one
earned run during the season and had an ERA that looks like a misprint at
0.08.
Adcock said she struck out 377 in 169 innings last season, averaging 15.6
strikeouts per 7-inning game.
Adcock said, "Her best pitch is a rise ball. It's great, but she also has a
very good drop ball and a great curve."
UT softball coach Connie Clark can't comment on recruits until they sign, but
Osterman is clearly the kind of dominating pitcher she has been looking for
since Williams skipped her senior season to play on the Olympic team.
Osterman's final five schools were Texas, Stanford, Washington, Oklahoma and
UCLA.
She also is an outstanding student who ranks in the top 10% in her class. She
is dedicated, too. She was pitching to her dad in the family driveway when I
called her Sunday at 6:30 p.m. to confirm her commitment.

Top Pitcher Commits to UT
Luis Cortez, 5-11, 180, a hard-throwing right-handed pitcher with outstanding
control, has announced he will sign a baseball scholarship with the Longhorns.
Cortez had a 0.82 ERA at Sinton last year and he played with a top AAU team,
the Ohio Thunder, this summer and went 4-0 with one save and a 0.91 ERA.
He was the youngest player on the Ohio Thunder and was one of only three
players on the team with remaining high school eligibility.
His best pitches are a slider and a fast ball that has been clocked as high
as 92 miles per hour, but is consistent in the 88-89 mph area. He also has a
good curve and a changeup.
He averaged two strikeouts per inning at Sinton last season.
Cortez also is an outstanding student. He makes straight A's and is fifth in
his class.

If You Know A Longhorn Who Is Hard to Shop For, Have I Got A Deal For You
Because A
True Orange
Subscription Is The Gift You Just Keep on Giving Year After Year

A subscription to True Orange is the perfect gift for any occasion for a
Longhorn who has everything else. It's only $45  ($35 by e-mail) and I'll
send  an attractive card announcing your thoughtful gift.
The only thing better is  a gift of  True Orange and the True Orange Fax  )
and you can give both for just $130 a year ($99 if they take both by e-mail).

o  I am enclosing $45 for a gift subscription ($35 e-mail)
o  I am enclosing $130 for a gift subscription to the newsletter and the fax
($99 e-mail)

Name of Recipient

Address (& fax no., if applicable)

City, State, Zip

Your Name

Any Message You Want on Card

Next Issue October 2
The next issue will be mailed on October 2 and will report on the Big 12
opener with Oklahoma State and preview the big Red River Shootout with the
Oklahoma Sooners
I'll also have a lot of recruiting news, including my updated Elite 80 and
Fabulous 40 lists, plus reports on the men's and women's basketball teams and
the baseball team.

I want to subscribe. I am enclosing $45 for the next year, which will include
26 issues.  A two-year subscription is $85. For a one-year subscription via
E-Mail, send $35.

Name

Street Address or Box Number or E-Mail Address

City, State and Zip Code
Remit to True Orange, P O Box 26530, Austin, TX 78755
Foreign Rates Available on Request.    Phone  512-795-8536
E-Mail Address: truorange@aol.com


Today's complimentary issue of Platts Energy Trader is attached below. If you
have any questions or would like to subscribe now, call  877-286-8897 or
212-904-2004; e-mail,  info@platts.com. Meanwhile, we hope you enjoy today's
issue of Platts Energy Trader.

If you need to download Acrobat Reader to read this file, go to www.adobe.com.

To stop the free trial, hit reply and type "stop trial."

 - et032701.pdf


Do we have someone who works for us now who was at Transredes when the
government owned it and could help us do a comparison between our respective
environmental records?  It seems to me that even though we are having our
share of problems, we have probably had fewer problems than the government
did and have probably been more responsive and thorough in our clean up
efforts.   Obviously, we would need to be judicious about how we used such
information (we don't want to aggravate the government), but having such an
analysis may be helpful in showing the progress made and in discouraging
overly punitive action by the government.  What do you think?


Please make a note.... The QBR is August 30th not August 20th.   Sorry for
any inconvenience.

This is to remind you of the following meeting:

  Date:    August 30, 2000
  Time:    1 pm - 4 pm
  Place:   EB3321
  Topic:   Energy Capital Resources QBR

Please contact either Kay (3x0643) or Beverly (5x7857) if you have any
questions or concerns


Debra,

Can work with Lachon on the GISB?

Thanks,
Judy

 -----Original Message-----
From:  lellman@eqt.com@ENRON
[mailto:IMCEANOTES-lellman+40eqt+2Ecom+40ENRON@ENRON.com]
Sent: Wednesday, June 06, 2001 3:30 PM
To: Thorne, Judy
Subject: FW: GISB

Judy:

EE prefers a neutral state for choice of law...NY law. You will see some
changes marked to the special provisions. Please review & reply.  Please
make any additional comments, if necessary.  Attached, you will find EE's
special provisions.

If you have any questions, please feel free to contact myself at
412-395-2623 or via e-mail.

Thanks,
Lachon R. Ellman

-----Original Message-----
From: Ellman, Lachon R.
Sent: Tuesday, June 05, 2001 10:28 AM
To: Reich, Henry
Subject: FW: GISB

Henry:

Will you review the special provisions?  I've already noted the State Choice
of Law...Texas, which I will propose a neutral state.

If you have any questions, please let me know.

Thanks,
Lachon

-----Original Message-----
From: Thorne, Judy [mailto:Judy.Thorne@enron.com]
Sent: Wednesday, May 30, 2001 9:48 AM
To: lellman@eqt.com
Cc: Perlingiere, Debra; Thorne, Judy
Subject: GISB

Lachon,

Per our conversation,  I am forwarding for your review the attached
sample of Enron Upstream Company, LLC's GISB.   Please do not hesitate
to give me a call with any questions you may have regarding the
enclosed.

 <<Equitable Energy (GISB ENA Upstream).doc>>

Thanks,
Judy Thorne
ENA Upstream Company, LLC

 - Equitable Energy (GISB ENA Upstream).doc
 - SPECIAL PROVISIONS.doc


Students,

Most of you seem to have figured out that the first library workshops are
in January, not in June as I erroneously said in my email to you. Thanks to
the sharp-eyed students who brought this to my attention. The website does
have the month right!

I encourage all of you but especially the first year students to sign up
for these as they will ground you in using information resources
intelligently and efficiently.

Monica Singh


HTC would like to make you aware of the following events:

****************************************************************************
******************
E-PROCOM FOR OIL, GAS & ENERGY AND CHEM-E-COMMERCE
****************************************************************************
******************

                  EPROCOM FOR OIL, GAS & ENERGY AND CHEM-E-COMMERCE
                  JUNE 12 - 13, 2001
                  GEORGE R. BROWN CONVENTION CENTER

                  plus...

                  TECHfest 2001
                  JUNE 13, 2001
                  4:30 - 6:30 PM
                  GEORGE R. BROWN CONVENTION CENTER, HALL D
                  FOR MORE INFORMATION, VISIT
http://www.e-procomseries.com/energyseries.html OR CALL (713) 463-9595

The key decision makers involved in e-Commerce activities in the oil, gas
and energy industry demanded an independent, objective and informational
event, programmed by the industry...for the industry. The e-ProCom
Conference Series has answered that call to action with a sold-out
conference and exhibition on June 12-13, 2001 at the George R. Brown
Convention Center.  Houston Technology Center is pleased to be a supporting
sponsor of the conference.  **Mention that HTC referred you to receive a
$100 discount on the conference.**

HTC invites you to join us for TECHfest 2001, which is HTC's Digital Mixer
for the month of June.  An excellent networking opportunity, TECHfest is a
citywide Tech and Energy mixer that will take place on the exhibit floor of
Hall D.  Admission is free of charge and there will be an open bar.  Also,
as a bonus, TECHfest attendees will receive a complimentary guest pass to
the last General Session from 4:00-5:00pm, just before TECHfest.  The topic
of the Session is "Managing Change - We Saves the Best for Last - Lessons
from the Battlefield" and features:  Gary Adams, Lead Partner,
PricewaterhouseCoopers; Rick Sisk, Director of Regulatory Compliance, BP;
John Kennedy, Chief Executive Officer, Wilson Industries; and Lynn Wilson,
Senior Learning & Organization Development Consultant, BP.

****************************************************************************
******************
EVENT REMINDER - HTC MEETING OF TECHNOLOGY CHAMPIONS - 6.8.01
****************************************************************************
******************

                  TECHNOLOGY CHAMPIONS BREAKFAST
                  JUNE 8, 2001
                  7:30 AM - 7:50 A.M.  REGISTRATION & NETWORKING
                  8:00 AM - 9:00 A.M.  PROGRAM
                  DOUBLETREE ALLEN CENTER
                  400 DALLAS, DOWNTOWN
                  $10 ADMISSION
                  ADVANCED REGISTRATION AND PAYMENT REQUIRED AT:
http://www.houstontech.org


On day 5 in MOPS (HPL/ENA) there is a delivery nom of 10.0 pathed to the ENA
201 K.  On day 16 in MOPS (HPL/ENA) there is not a deal (which is strange
because day 16 in POPS references Adonis).  The deal on the 5th was a swing
deal.

Daren J Farmer
08/23/2000 12:59 PM
To: Jackie Young/HOU/ECT@ECT
cc:
Subject: Meter 984132 for 1/16/99

Jackie,

What does MOPS show for the days in question?  It would be incorrect to add
any days to the Adonis ticket mentioned below.  It sounds as if the meter was
allocated incorrectly in POPS and/or a deal was not pathed correctly in
MOPS.  Let me know what you find in MOPS.

D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 08/23/2000
12:54 PM ---------------------------

	Enron North America Corp.

	From:  Gary W Lamphier                           08/22/2000 02:51 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Meter 984132 for 1/16/99

---------------------- Forwarded by Gary W Lamphier/HOU/ECT on 08/22/2000
02:51 PM ---------------------------

	From:  Sherlyn Schumack                           08/22/2000 02:07 PM

To: Jackie Young/HOU/ECT@ECT, Karen Lindley/Corp/Enron@ENRON
cc: Gary W Lamphier/HOU/ECT@ECT
Subject: Meter 984132 for 1/16/99

Here is the issue for 1/16/99 at meter 984132.

20,000 mmbtu were confirmed for Adonis in POPS.   10,000 mmbtu on day 5 and
day 16.   Day 16 is not valid for deal 51862 (track id 6155), which is where
10,000 was confirmed.   The  actual sale to Adonis was 10,000 which was
invoiced and paid by Adonis.  We are trying to clear the feedback error
report.   My question is why was 10,000 confirmed on 1/16/99 if the date is
not valid for the deal?

When Karen allocates the actual 10,000 it is prorating 5,000 for each day
that is confirmed (the 5th and 16th).

Should the whole 10,000 be allocated to the 5th or should 5,000 be allocated
to each day?   If 5,000 should be allocated to each day, the 16th needs to be
added to the deal.


IntercontinentalExchange
                                                                                Firm Physical Natural Gas Price Bulletin
                                                                                For Natural Gas Delivered on Wednesday, October   10, 2001
                                                                                (Trade Date of Tuesday, October   09, 2001)
Click here to access index history .
                                                                                * volume represents sell-side only *

Region     Hub	High	Low	Wtd Avg Index	Change ($)	Vol (mmBtu)	Hub Name
 LOUISIANA
    ANR SE	          $2.0950	          $1.9800	          $2.0148	+    .0806	         156,900	American Natural Resources Pipeline Co. - SE  Transmission Pool
    Columbia Onshore	          $2.2000	          $2.0350	          $2.0991	+    .0905	         155,000	Columbia Gulf Transmission Co. - Onshore Pool
    Henry Hub	          $2.2200	          $2.0400	          $2.1240	+    .0952	         550,100	Henry Hub tailgate - Louisiana
    NGPL LA	          $2.1100	          $1.9900	          $2.0121	+    .0591	         153,200	Natural Gas Pipeline Co. of America, Louisiana Pool
    Tenn 500L	          $2.1750	          $2.0500	          $2.0984	+    .0806	         104,000	Tennessee Gas Pipeline Co.-Zone L, 500 Leg Pool
    Tenn 800L	          $2.0800	          $1.9000	          $1.9639	+    .0804	         100,800	Tennessee Gas Pipeline Co.-Zone L, 800 Leg Pool
    TETCO ELA	          $2.1500	          $2.0500	          $2.0748	+    .0546	         186,400	Texas Eastern - East LA
    TETCO WLA	          $2.1200	          $2.0400	          $2.0761	+    .0725	          44,800	Texas Eastern - West LA
    Transco 65	          $2.2500	          $2.1700	          $2.2015	+    .1068	         152,800	Transco - Station 65
    Trunkline ELA	          $2.2000	          $1.9450	          $1.9932	+    .1060	          63,500	Trunkline Gas Company - East Louisiana Pool
    TxGas SL	          $2.2000	          $2.0350	          $2.0687	+    .0697	          83,200	Texas Gas Transmission Corp.-Zone SL FT Pool
 MIDCONTINENT
    MichCon, citygate	          $2.3300	          $2.1150	          $2.1600	+    .1110	         184,700	Michigan Consolidated
    NGPL Midcont	          $2.0700	          $1.8050	          $1.8476	+    .0319	         175,300	Natural Gas Pipeline Co. of America, Mid-Continent Pool
    NGPL Nicor, citygate	          $2.2400	          $2.0400	          $2.0861	+    .0623	       1,311,800	Natural Gas Pipeline Co. of America, Nicor Citygate
    NGPL NIPSCO, citygate	          $2.1850	          $2.0425	          $2.0764	+    .0644	         155,000	Natural Gas Pipeline Co. of America, Nipsco Citygate
    NNG Demarcation	          $2.0100	          $1.8600	          $1.9029	+    .0832	         238,700	Northern Natural Gas, Demarcation Pool
 NORTHEAST
    Columbia TCO	          $2.3000	          $2.2600	          $2.2760	+    .0607	         363,800	Columbia Gas Co. - TCO Pool
    Dominion So.Point	          $2.3300	          $2.2650	          $2.3116	+    .0497	         158,100	Dominion - South Point
    TETCO M3	          $2.4500	          $2.3400	          $2.3752	+    .0263	         197,600	Texas Eastern - M3 Zone
    Transco Z-6 (NY)	          $2.4600	          $2.3950	          $2.4211	+    .0208	          80,300	Transcontinental Gas Pipe Line Corp. - Zone 6 (NY)
 WEST
    El Paso non-Bondad	          $1.8000	          $1.4500	          $1.5712	+    .0088	         329,600	El Paso - San Juan Basin, Blanco Pool
    Huntingdon/Sumas	          $1.7000	          $1.5000	          $1.5739	-    .0111	          67,200	Westcoast Energy & Northwest Pipeline Corp.
    Opal	          $1.5100	          $1.4300	          $1.4844	-    .0919	          97,000	Opal
    PG?Citygate	          $1.9800	          $1.8200	          $1.8732	-    .0432	         173,000	PG?- Citygate
    SoCal Border	          $1.9200	          $1.8200	          $1.8614	-    .0557	         145,000	Southern California Border Points (Ehrenberg,Topock,Needles)
 WEST TEXAS
    El Paso - Keystone	          $1.8600	          $1.7200	          $1.7410	+    .0156	         241,600	El Paso - Keystone Pool
    Waha	          $1.8900	          $1.8000	          $1.8090	+    .0467	         273,000	Waha Hub - West Texas

                                                                                Includes all firm physical fixed price trades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date specified for natural gas delivered on the specified date(s).
                                                                                IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com .
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                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


Let me know if you are okay with these and I will forward to Stan


In speaking with Lee Johnson this am, he mentioned that he is still missing
final contracts for PSCO and CA Development.  I seem to recall that Sheila
had asked someone to pull this together, and that I had given Kathleen the CA
Development stuff.   I could be off track, but that's how I remember it.
There's probably someone with a better memory.

Thoughts?

Thanks,

Kay


I think we agreed to a specific bilateral prepayment option tesyerday which
will reduce the uncertainty around this issue and which will be addded by
Sara to the Confirms allowing voluntary optional bilteral termination
according to Market Quotation and Second Method.

From: Brian Kerrigan on 09/19/2000 08:09 PM CDT
To: Peter Keohane/CAL/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Derek Davies/CAL/ECT@ECT, Greg
Johnston/CAL/ECT@ECT
Subject: Re: Alberta PPA Financing - Prepayment Right

This response my be outdated given that I think we have resolved this
already, but my take on this is that in reality this won't really be an
issue.  I'm confident RBC and Enron will work together to unwind the
transactions in an appropriate manner.

	Enron Capital & Trade Resources
	Canada Corp.

	From:  Peter Keohane                           09/19/2000 01:41 PM

To: Brian Kerrigan/HOU/ECT@ECT, Soma Ghosh/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Derek Davies/CAL/ECT@ECT, Greg Johnston/CAL/ECT@ECT,
dpef@blakes.com, wen@blakes.com
cc: Sharon Crawford/CAL/ECT@ECT
Subject: Alberta PPA Financing - Prepayment Right

A seemingly unresolved issue is our right to prepay before the end of the
term of the swaps.  I believe this is something we want commercially, but
what is not clear to me is how we envision this working commercially.  In
other words, although any swap can be bought out, I do not believe the ISDA
documentation contemplates agreed terms for buy-out.  Rather, the party
seeking to get out early asks for the counterparty's offer and hits the offer
or not.  If RBC or Swapco was not willing to make an we are willing to
transact at, we might not be able to get out.  Perhaps Sara could advise if
my interpretation of the ISDA is right and, if so, Brian and Soma can confirm
how they see prepayment working without a specified prepayment right.

PK


Today, Enron hosted a conference call to give investors a current overview of the company. Here's an update of what we discussed during the call.

We told investors that we're doing everything we can to protect their interests and to regain their confidence. Our focus remains on our credit quality, balance sheet and liquidity, which are essential for our continued success and expansion of our wholesale businesses.

It took more than a few weeks to get where we are today. Here's a snapshot of significant events that led to our current situation:

-- In hindsight, we definitely made some very bad investments in our non-core businesses over the past several years. Those include investments in Azurix, India and Brazil. They have performed far worse that we could have ever imagined when we made these investments;

-- Because of these bad investments, we've become over-leveraged as a company. The negative impact of those investments was exacerbated through the extensive use of debt capital both on and off our balance sheet;

-- We also entered into related party transactions that led to a loss of investor confidence, which has been very damaging;

-- We've been criticized for our lack of transparency and our hard-to-understand financial and operating disclosures; and

-- On top of it all, we discovered errors in our financial statements, as discussed in our 8-K filing last week, that required a restatement of previously reported earnings.

We've taken a new look at our businesses and have separated them into three areas: core businesses, non-core businesses, and businesses under review.

Core Businesses

Our core businesses remain strong and consistent sources of significant earnings and cash flows for the company. They're our competitive advantage. These include:

-- Natural gas pipeline businesses;

-- Gas and power businesses in North America and Europe;

-- Retail businesses in North America and Europe; and

-- Coal businesses in North America and Europe.

The events of the past few weeks have had a temporary negative impact on our projected fourth quarter profitability. It's too early to tell at this time what impact this might have on our operating results. We are considering these actions now so that we can quickly return to normal business in 2002.

I also remain optimistic that the actions we've taken over the past couple of weeks have addressed our customer and counterparty credit and liquidity concerns. According to our business unit leaders, we have definitely seen improvement in our counterparty relationships.

Non-Core Businesses

Our non-core businesses include our global assets group and our broadband division. We have invested more than $8 billion in these businesses, and the return from them has been dismal.

We have an aggressive program in place to exit these businesses and expect that the sale of these businesses will generate billions of dollars in cash that we can use to repay debt and reinvest in our core businesses. We already have more than $800 million in assets contracted for sale this year. They include CEG Rio, a gas LDC in Brazil; EcoElectrica, a power plant and LNG receiving terminal in Puerto Rico; and asset sales of offshore oil and gas properties in India. The approximately $2.9 billion Portland General sale is also on target to close in late 2002 pending regulatory approvals.

Businesses Under Review

These businesses are comprised of those operations outside our power and gas wholesale businesses and include global and industrial markets. While several of these businesses have very strong future prospects, we need to determine if their capital requirements and near-term growth prospects are sufficient enough in terms of earnings and cash generation.

Reviewing our businesses this way will help determine where we need to make reductions to our work force. More information will follow as soon as it becomes available.

Credit Rating/10-Q Filing

We continue to meet regularly with credit rating agencies and believe that our liquidity enhancements and scheduled asset sales will strengthen our balance sheet and maintain our investment grade credit rating. Our current credit ratings by the three major rating agencies are as follows:

-- Moody's at Baa3       "Under Review for Further Downgrade"

-- Fitch at BBB-             "Evolving Status"

-- S&P at BBB-              "CreditWatch Negative"

We also discussed our existing financial vehicles, including Osprey, Marlin and Yosemite, in further detail. We told investors that we will file our 10-Q five days late due to our current activities. It will be filed on Nov. 19.

We will continue to have updates with investors over the coming weeks as well as our frequent updates with you. The full transcript of our conference call will be filed with the Securities and Exchange Commission in the next few days. It will also be posted on our web site at www.enron.com/corp/investors under "SEC Filings."

In connection with the proposed transactions, Dynegy and Enron will file a joint proxy statement/prospectus with the Securities and Exchange Commission. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6466, Fax: (713) 767-6652; or Investor Relations, Enron Corp., Enron Building, 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3302.

In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.


Errol and Joey,
Just an FYI -
The Middle Market - West gas orig group is changing it's name to Gas
Origination - West.  Now when you enter Orig into the West file the Orig
Group should be the new name.
Also, on your Orig Schedule please start showing the West orig as Gas
Origination - West so that everything will match when it is published to the
web.

thanks,
brad


Notice No. 00-363
October 24, 2000

TO: All NYMEX Division Members
 All NYMEX Division Member Firms
 All NYMEX Division Clearing Firms

FROM: Neal Wolkoff, Executive Vice President

RE: IRS Gives Exchange Favorable Private Letter Ruling on Demutualization
Transaction

The Internal Revenue Service yesterday gave the Exchange a favorable private
letter ruling notifying the Exchange that there would be no tax consequences
to it or any of its members as a result of its demutualization.

This ruling was the final approval required for the demutualization of the
Exchange to take effect.  The plan was previously approved by the Securities
and Exchange Commission, the Commodity Futures Trading Commission, and a
97.5% majority of the Exchange members.

The demutualization plan, which calls for the equity in the Exchange to
remain with the seat-owners of its NYMEX Division, will make the Exchange the
first in New York to convert from a not-for-profit membership structure to a
for-profit organization.

Yesterday,s approval is the final step in repositioning the Exchange as a
21st century business enterprise that will create and pursue profitable new
opportunities, react rapidly and decisively in an increasingly competitive
marketplace, and explore interest by outside investors. The Exchange expects
to announce an effective date for the transaction shortly.

Once the demutualization is effective, the Exchange, a not-for-profit
membership corporation under New York law, will be reorganized as a
for-profit membership corporation under Delaware law and will be renamed New
York Mercantile Exchange, Inc.  A new stock-holding company named NYMEX
Holdings, Inc., will be formed to own all of the economic interests and most
of the voting control in the for-profit membership corporation.  Each
existing NYMEX Division membership will be converted into one share of common
stock in NYMEX Holdings, representing equity in the overall organization, and
one membership in the Exchange representing trading privileges.

The common stock and trading privileges will not be separable until a
majority of stockholders vote to permit separate trading of the common stock
and trading rights.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(00-363)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Got a question about the Building Guy?  Ask Beth Stier!  Join Beth, owner of
Innovision Communications and the brains behind the Building Guy, on eSpeak
this Wednesday, May 23 at 10 a.m. Houston time.  Beth's company manages most
of the video production for Enron; find out how!
Can't make the live event?  No worries.  Go to eSpeak (
http://ethink.enron.com/eSpeak/exec/default.asp) now and submit your
question.  Beth will answer it during her event and you can read the
transcript later.

What's new in the Thinkbank (
http://nahou-lnapp01.corp.enron.com/eThink/Thinkbank.nsf/HomePage?OpenPage)
this week?  Check out the Idea Vault and the latest ideas:  lift peakers,
password thumbprints, an anti-money laundering game, administrative assistant
computer-based training and even coffee trading!

What will it take to make Enron the World's Leading Company?  Share your
thoughts today in eMeet http://nahou-lnapp01.corp.enron.com/eThink/eMeet.nsf.


Brad, you can reach Kirk @:

Work #: (713) 586-5477 Fax: (713) 626-8857
Email: kirk@klaguarta.com
Mobile: 713-515-3830
Home: 713-467-5588

Graydon Laguarta
McShane Corporation
2700 Via Fortuna, Suite 301
Austin, Texas   78746
Phone: 512-328-7111
Fax:  512-328-7112
Email:  glaguarta@mcshane.com
Web Site:  McShane.com


---------------------- Forwarded by Darron C Giron/HOU/ECT on 05/07/2001
09:29 AM ---------------------------
From: Russell Diamond/ENRON@enronXgate on 05/07/2001 08:39 AM
To: Diane Anderson/NA/Enron@Enron, Derek Bailey/Corp/Enron@ENRON, David
Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT, Patricia Boulanger/CAL/ECT@ECT,
Bob Bowen/HOU/ECT@ECT, Julie Brewer/NA/Enron@Enron, Lesli
Campbell/ENRON@enronXgate, Celeste Cisneros/ENRON@enronXgate, Sharon
Crawford/CAL/ECT@ECT, Richard Deming/NA/Enron@Enron, Russell
Diamond/ENRON@enronXgate, Cindy Feldman/CAL/ECT@ECT, Darron C
Giron/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron, Veronica Espinoza/ENRON@enronXgate
cc:
Subject: Credit Report - 5/7/01

Counterparty    TAGG#   Action
CMS Energy Corporation  v78462.1,v78468.1 Rebook to CMS Marketing, Services
and Trading
 "    v78807.1,v78808.1   "
Calpine Natural Gas Company  v78254.1,v78255.1 Rebook to Calpine Energy
Services, LP
Engage Energy Canada LP  v78253.1  Rebook ENA trades to ECC (under the ISDA)
Kinder Morgan Energy Partners, Inc v78446.1,v78762.1 Rebook to Kinder Morgan
Inc. (under the ISDA)
New Counterparty    v78797.1  Pending Paul Radous
Pacificorp    v77849.1,v77879.1 Rebook to Pacificorp Power Marketing, Inc.
Tiger     v78638.1  Rebook to Tiger Natural Gas Inc.
Total Gas & Electric, Inc   v78680.1  Pending Brant Reves


Shonnie, I have extracted all the reps from the PSA which refer to the
Gathering Companies and attached.  To summarize they are as follows:

1.  Compliance with Laws: Permits (In compliance with all Legal Requirements)
2.  Condition of Property
3.  Litigation
4.  Taxes
5.  Environmental Compliance. (In compliance with all Environmental Laws)

Let me know if we need to review these with Lost Creek and Fort Union counsel.


Attached please find a name change for Western Area Power Administration's
Phoenix Area Office.  This is a branch office for the US Department of
Energy.  There is no documentation for this change.

Shortname changes will be coordinated with ERMS IT tomorrow, 04/20/01.

Records will be inactivated on Tue, May 1.

Please call with any questions or concerns.

Thanks,

Cheryl x33103


Mitch:
Here are the answers to the questions incorporating everyone's answers.
Please give me a call if you have any questions.
Ben
3-7998


Good afternoon,

I'm forwarding a revised development agreement term sheet, showing revisions
from your original version.

We look forward to seeing you soon.

Thanks,

Kay


yeah i will be there

who all is going to sierra and what time?

Bryan Hull
04/04/2001 12:55 PM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject:

are you going to be at the game tonight?

there are a few people going to Sierra if you and Shana are interested


Marisa,

It probably would have been helpful to you if I had sent you copies of the
Corporate formation documents and consents that have already been executed in
connection with Merchant Energy Ventures, LLC.  I am attaching copies for
your reference.

 Consent appointing Ben Jacoby as POA was dated May 4, 2001. We will need to
revoke this POA when we sell to Northwestern.

Action by sole Member removing James V. Derrick, Jr. as a Manager was dated
April 26, 2001

The LLC Agreement was dated March 22, 2001.

Please let me know if you have any questions.

Kathleen
 -----Original Message-----
From:  "Reuter, Marisa" <MReuter@KSLAW.com>@ENRON
[mailto:IMCEANOTES-+22Reuter+2C+20Marisa+22+20+3CMReuter+40KSLAW+2Ecom+3E+40EN
RON@ENRON.com]
Sent: Thursday, May 31, 2001 11:11 AM
To: 'margueritekahn@paulhastings.com'
Cc: Keffer, John; Mann, Kay; Carnahan, Kathleen
Subject: ENA/NorthWestern: Certificate of Amendment & Closing Checklist

Marguerite:

Because NorthWestern would like to change the name of Merchant Energy
Ventures, LLC to Montana Megawatts I, LLC at Closing, I have prepared a
Certificate of Amendment to this effect.  A copy of the Certificate of
Amendment is attached.  Also attached is a Closing Checklist that attempts
to capture the status of the transaction.  Please let me know if you have
any comments to either the Certificate or the Checklist.  Thanks.

Regards,

Marisa

 <<331H01!.DOC>>  <<2XPB06!.DOC>>

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 331H01!.DOC << File: 331H01!.DOC >>
 - 2XPB06!.DOC << File: 2XPB06!.DOC >>


updated info

Regards,
bd


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Any interest?
----- Forwarded by Steven J Kean/NA/Enron on 01/21/2001 03:26 PM -----

	Brian Medd-Sygrove <Brian.Medd-Sygrove@houston.mail.fco.gov.uk>
	01/19/2001 12:11 PM

		 To: "'skean@enron.com'" <skean@enron.com>
		 cc:
		 Subject: UK Technology Forum

Dear Steven,

You have very kindly directed us in the right direction before.

Derek (Goodwin) has asked me to contact you. Derek is organizing a UK
Technology Forum on behalf of the Houston British Consulate General &
Invest.UK offices to be held in Houston in March. The purpose of which is to
foster & strengthen links between the technology-driven communities of
Houston & the UK. BT will showcase the leading-edge technology
infrastructure in the UK and a British Consulate General/Invest.UK speaker
will outline of the resources available to facilitate business expansion to
the UK.

The Forum will take the form of a breakfast & include the welcome &
introduction of a keynote speaker and a panel of 3 other speakers from
Houston based technology companies that have set-up an operation in the UK.
The panelists will give a brief overview of the why's & wherefor's behind
their decision to locate in the UK. The Forum will conclude with a moderated
Q&A session.

As Houston is a fast growing high-tech city, especially in the energy
sector, Derek has asked if you can refer him to the right person within
Enron with whom he can speak regarding Enron's possible involvement in the
Forum.

We'd appreciate any help you can give.

Sincerely,

Brian Medd-Sygrove
Vice Consul (Investment)
Invest.UK
British Consulate General
1000 Louisiana, Suite 1900
Houston Texas 77002
713 659 6275 Ext 42

 - EXCHANGE(SE).RA-ATT


---------------------- Forwarded by Lysa Akin/PDX/ECT on 01/26/2001 03:01 PM
---------------------------

Mary Hain
01/26/2001 02:53 PM
To: Richard Sanders, James D Steffes/NA/Enron@Enron
cc: Lysa Akin/PDX/ECT@ECT
Subject: CAISO Notice: SCE's Letter Notification and ISO Response

Lysa please forward this to everyone on the California crisis contact list.
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/26/2001 03:02 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Fuller, Don" <DFuller@caiso.com>@caiso.com>
01/26/2001 02:52 PM

Sent by: "Happ, Susan" <SHapp@caiso.com>
To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
CIPANTS@caiso.com>
cc:
Subject: CAISO Notice:  SCE's  Letter Notification and ISO Response

Market notice:

On January 24, 2001, the CEO of the California ISO received by fax a letter
from John R. Fielder, Senior Vice President of Regulatory and Policy Affairs
at Southern California Edison (SCE).  Mr. Fielder stated that SCE was
providing notice pursuant to Sections 15.1 and 15.2 of the ISO Tariff "that
SCE will not be performing all of its obligations under the ISO Tariff
because it will not be paying every invoice due to Uncontrollable Forces, as
defined in the ISO Tariff."  Mr. Fielder stated that the Uncontrollable
Forces were "regulations and restrictions imposed by governmental
authorities, including without limitation, the CPUC's order of January 4,
2001, that failed to authroize SCE to obtain, and restricted SCE from
obtaining sufficient funds to enable SCE to meet its payment obligations."
Mr. Fielder further stated that, "[b]ecause SCE's action is due to
Uncontrollable Forces, the ISO should not attempt to exercise any remedies
against SCE for non-performance and SCE will hold the ISO responsible for
the consequences of the ISO exercising any such remedies."  Finally, Mr.
Fielder stated that SCE was using its best efforts to mitigate the effects
of the regulations and restrictions and would continue to do so.  The CEO of
the California ISO has written to Mr. Fielder stating that it is studying
the position taken in Mr. Fielder's letter and that for the moment it
neither accepts nor rejects the position.  The purpose of this market notice
is to fully inform Market Participants who may have claims directly against
SCE based on SCE's failure to pay ISO invoices.


Please print the attachments. Thank you.

 -----Original Message-----
From: 	Elbertson, Janette   On Behalf Of Haedicke, Mark
Sent:	Wednesday, March 21, 2001 12:06 PM
To:	Derrick Jr., James
Cc:	Harris, Stephanie J
Subject:	Enron Wholesale Services Legal Department Monthly Report

The attached report summarizes current significant legal activities of EWS Legal as of March 15, 2001.  This report does not attempt to list all transactions or include reference to on-going maintenance of completed transactions.

Please let me know if you have questions.


John:  Per our conversation, attached is the copy of the Duke confirm.  The
Duke trader is John Miller (713/260-6541).
I am told by our confirm desk that the faxing of the confirm was attempted on
September 11 and every day thereafter until September 26 when the Duke fax
lines were open.  Upon receipt, John Miller called our confirm desk alleging
that he never did the deal (the EOL "back office user" shows that the trade
WAS done).
Please let me know if you need legal assistance.
Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 09/27/2000 06:59 PM -----

	Kevin Meredith@ENRON
	09/26/2000 02:09 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: EOL Duke Deal

Sara,

The Duke trader that selected this deal is KRBARBER.  This is how the
information shows up in the EOL server that I use.


BA294.1 Corporate Social Responsibility brings top-notch speakers who will discuss how today's companies deal with increasingly complex issues of social concern, and how their companies cope with the challenges and take advantage of the opportunities arising in this rapidly changing world.

"As the globalisation debate develops, from the events at Seattle to Davos this year, companies are seeing there is something out there they haven't understood -- that society wants more from business" (Financial Times, 02-02-2001)

Why does an institution such as UBS Financial Services Group take Corporate Social Responsibility so seriously?

Want to find out what it is and how to deliver it? Sign up for BA294.1 Corporate Social Responsibility.

BA294.1 Corporate Social Responsibility
Thursdays 4-6pm, Spring 2002
One unit
Guest lecture series

How can corporations enhance customer value and build competitive advantage through social responsibility? This class will explore current challenges and opportunities facing companies in areas of corporate social responsibility. Through discussions with speakers each week we will examine and evaluate contemporary trends in corporate responsibility with respect to environmental protection, community development, employee welfare etc. and relate these elements to their business strategy and business opportunities.

The speaker schedule is not yet finalized, but it will be comparable to last years schedule. Past speakers have included Paul Rice (Transfair USA), Ray Anderson (Interface), Amory Lovins (Rocky Mountain Institute), David Olsen (Patagonia), Paul Dolan (Fetzer Vineyards), George Zimmer (Men's Warehouse), Amanda Tucker (Nike), Geoffrey Ashton (Calvert Investment Funds), Thomas W. Van Dyck (US Bancorp Piper Jaffray), and Gail Brownell (Agilent).

"Sustainability has become a crucial success factor in business. Moving proactively to meet future economic, environmental and social challenges is increasingly seen as an important lever to increase long-term shareholder value." (STOXX Limited's Managing Director Scott Stark)


FYI.
Thanks.
Gary

 Burton, et al. v. FERC.cmplt.pdf
 <<Burton, et al. v. FERC.cmplt.pdf>>

=======================================================
This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message.

To reply to our email administrator directly, send an email to postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com

 - Burton, et al. v. FERC.cmplt.pdf


Here is a draft version of the FPL presentation.


Jay,

I can't seem to suspend my product without hitting the stop sign with the
hand on it. The red stop light isn't showing up and when I right click on the
product the suspend product option is faded and I can't select it. How can I
fix this? Let me know.

Thanx,

Chris Dorland


This is fyi.  We need to be more careful on this point and refer to the schedule they send us.  Please if you have any questions call.

DS

 -----Original Message-----
From: 	"Kenneth G Gruhl" <kggruhl@duke-energy.com>@ENRON [mailto:IMCEANOTES-+22Kenneth+20G+20Gruhl+22+20+3Ckggruhl+40duke-energy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, September 04, 2001 8:52 AM
To:	Schoolcraft, Darrell
Cc:	DL-ETS Gas Controllers; kggruhl@duke-energy.com; David Bowers; rjnewson@duke-energy.com; kswhite@duke-energy.com
Subject:	Re: Griffith Power Plant

We did manage to avoid a complete plant outage, but the loss of gas
pressure yesterday morning was still a major upset.
CT #1 did trip off and then subsequently it took several hours of
struggling to get back to where we needed to be.  We didn't get back to
peak load until 2:00 PM in the afternoon.

I'll send you data on gas usage for yesterday by separate E-Mail for your
information.
Your assistance to get all the facts related to this event will be much
appreciated so we can learn how to not go there again.

                    "Schoolcraft,
                    Darrell"                     To:     "DL-ETS Gas Controllers" <DL-ETSGasControllers@enron.com>
                    <Darrell.Schoolcraft@        cc:     <kggruhl@duke-energy.com>
                    enron.com>                   bcc:
                                                 Subject:     Griffith Power Plant
                    09/04/01 05:12 AM

We need to keep our communications open to the plant.  I know that
during their test mode they have had a variance in load projections.
Hopefully when they become operational their loads will be more steady.

Ken,
Sorry about yesterday.  Thanks to your quick responce to our gas control
so we could correct the problem before the plant
went down.
If you have any more questions please call.

Thanks DS  713-853-4299

**********************************************************************
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.
**********************************************************************


---------------------- Forwarded by Mary Hain/HOU/ECT on 03/14/2001 02:30 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Jackie Gallagher" <JGallagher@epsa.org>
03/14/2001 02:02 PM

To: <bhawkin@enron.com>, <bmerola@enron.com>, <christi.l.nicolay@enron.com>,
<donna.fulton@enron.com>, <james.steffes@enron.com>,
<janelle.scheuer@enron.com>, <jeff_brown@enron.com>, <jhartso@enron.com>,
<Mary.Hain@enron.com>, <rshapiro@enron.com>, <sarah.novosel@enron.com>,
<tom.hoatson@enron.com>
cc:
Subject: FERC Show Cause Order

FERC has released a show cause Order directing Williams and AES to show why
they should not be found to have violated the Federal Power Act based on
certain outages at RMR plants in April and May of 2000.
The Commission's press release is available at:
http://www.ferc.fed.us/news1/pressreleases/prsrls1.htm.
The Order is available at:
http://cips.ferc.fed.us/Q/CIPS/MISC/M_MS/IN01-3.000.TXT.


David,

Mark Taylor asked me to talk to you about getting your ISDA Masters inputted
into our Financial Trading Database.  This databse is the central master
database where we keep records of the financial agreements in either draft
form or that have been executed.  London currently updates this database to
manage  its (and Singapore's) financial contracts and I would like to get the
Australian agreements plugged into the system.

This database serves a number of purposes.  First, it is our core memory of
contract negotiations.  Anyone in Legal and Credit around the world can take
a look at this database and determine who we have entered into contract with
and what negotiation issues may be at issue.  It is critical as we become a
global trading company that we are consistent in the legal positions we take
on these financial contracts.  For instance, it would be quite problematic if
someone in Houston was negotiating a contract with an ISDA counterparty and
asserted that a certain position was critical, if we find out a lawyer in
another office was negotiating with the same counterparty and gave on the
same position the day before.  We need to make a somewhat coordinated effort
on the counterparty front.

In addition, with so many masters and so many counterparties there is just no
way to keep track of what we have said or done unless we have a database.

Further, we use the information in the database to respond to inside
auditing, reporting and insurance inquiries.

For online trading, I check the database to see if we have a financial master
agreement and what trading restrictions we may or may not have in place.
Global contracts uses this database to confirm their financial contract
records and approval for online trading.

For both Houston and London we use the database to communicate with our
Clients, whether traders or  back office support people.  Employees outside
legal have  limited view access only to see all the information except the
confidential Legal and Credit comments.  They have no edit capabilities.  The
database also has some reporting functions that we and London Legal have
found helpful.

You should have gotten my email to Mike Neves, out database coordinator
requesting full edit access for you.  It usually takes a few days.  Once you
get access maybe you could find some time to surf the database, and we can
figure out how to get your ISDA data inputted..

Are you coming to the ENA Legal Conference in October?  That would be a good
time for me to do a full review of this database with you.


***REMINDER***

We have not yet received your feedback.  Your input is
very valuable and to be included in the participant's
summary report, it must be received NO LATER THAN CLOSE
OF BUSINESS on Wednesday, October 25.  Without your
feedback, the participant may not receive a summary
report or be eligible to attend the program.

___________________________________________
* IMMEDIATE ACTION REQUIRED - Do Not Delete *
Executive Impact & Influence Program

Dear Vince Kaminski,

As part of the Executive Impact and Influence Program,
each participant is asked to gather input on the
participant's own management styles and practices as
experienced by their immediate manager, each direct
report, and up to eight colleagues/peers.

You have been requested to provide feedback for a
participant attending the next program.  Your input
(i.e., a Self assessment, if you are a participant in
this program, Manager assessment, Direct Report
assessment, or Colleague/Peer assessment) will be
combined with the input of others and used by the
program participant to develop an action plan to
improve his/her management styles and practices.  If
you are providing feedback as a Manager of the
participant, please note that your feedback will be
identified in the summary report.

It is important that you complete this assessment NO
LATER THAN CLOSE OF BUSINESS on Wednesday, October 25.

To begin the online administration process, you will
need the following Internet address and Password(s).
NOTE:  If you are providing feedback for more than one
person, each password and participant name is
individually listed below.

Open your Internet browser e.g., Internet Explorer or
Netscape Navigator, and please type or copy the URL
address below into your Internet browser (please DO NOT
go through Lotus Notes):

www.fsddatasvc.com/enron

PH9JBM    (Mike Roberts)

If you experience technical problems, please call
Dennis Ward at FSD Data Services, 713-942-8436.  If you
have any questions about this process, you may contact
Debbie Nowak at Enron, 713-853-3304, or Christi Smith
at Keilty, Goldsmith & Company, 858-450-2554.

Thank you for your participation.