Energy Market Report
Thursday, January 3, 2002

*See attached pdf file.
__________________________________________________________
Western Pre-Scheduled Firm Electricity Prices($/MWh)
January 3, 2002 for January 4 and 5, 2002

Peak(Heavy)
                   Low      Change     High     Change
NW/N. Rockies     18.00     -4.00     19.50     -4.50
Mid-Columbia      18.00     -4.00     19.50     -4.50
COB               21.00     -2.50     24.25     -1.00
N. California     22.00     -4.00     26.50     -1.00
Midway/Sylmar       NA        NA        NA        NA
S. California     23.15     -3.35     25.00     -3.50
Mead              24.00     -2.75     24.75     -3.25
Palo Verde        22.75     -2.25     24.50     -3.00
Inland SW         22.75     -2.25     24.75     -3.25
4-Corners         21.50     -3.75     24.00     -2.50
Central Rockies   21.25     -0.75     24.50    -12.50
__________________________________________________________
Off-Peak(Light)
                   Low     Change     High      Change
NW/N. Rockies     17.00    -1.00     18.50      -1.00
Mid-Columbia      17.00    -1.00     18.50      -1.00
COB               16.00    -2.00     20.00       1.00
N. California     16.00    -3.50     21.00      -1.50
Midway/Sylmar       NA       NA        NA         NA
S. California     15.50    -4.00     19.25      -4.00
Mead              17.00    -2.00     19.50      -1.00
Palo Verde        15.25    -0.25     17.00      -2.00
Inland SW         15.25    -0.25     19.50      -1.00
4-Corners         15.50    -1.00     17.50      -0.50
Central Rockies   17.25    -1.00     22.50      -3.50
__________________________________________________________
Too Much Gas

Day-ahead peak power prices in the WSCC fell for the second session in a
row, largely on the reduced loads associated with a Friday/Saturday combo.
Several players believed that mild forecasts for much of the West and
abundant hydro supplies in the Northwest were also adding to the bearish
tenor of the marketplace.  "Prices were really bad [weak] today, and looking
at the weather forecasts, that's not going to change anytime soon," said one
marketer.  "Even with businesses and schools back in full swing next week,
the upside will be limited due to the mild weather, ample gas storage, and
abundant Northwest hydro power," he added.  Peak power prices began the day
weak, and continued to fall throughout the trading session.  Light load
goods were also on the decline, though not as significantly as peak hour
prices, in most cases, as overnight temperatures in many areas remained well
entrenched in heating demand territory.   NYMEX Henry Hub contracts were
lower midday on Thursday, then fell sharply following the release of yet
another bearish AGA inventory report.  February Hub gas shed an impressive
19.7 cents or eight percent to close at 2.268$/mmBtu, while March lost 18
cents to settle at 2.263$/mmBtu.  Thursday's AGA report showed a draw of 124
bcf in the U.S. last week, below most industry estimates that were calling
for a 140 to 150-bcf decline.  The same week saw a 209-bcf draw last year,
and an average drop of 147 bcf over the past five years.  Total U.S.
inventories of 2.856 tcf are 1.127 tcf above last year, and 615 bcf above
the five-year average.  Of the 124 bcf drawn last week, only 12 bcf were
removed from the Consuming Region West.  Western stocks stood at 82 percent
of full at 414 bcf, well above last year's level of 286 bcf.

Heavy load energy costs in the Northwest fell by an average of 4.25$/MWh for
the Friday/Saturday package, while light load goods only fell by 1$/MWh.
Lighter weekend loads and abundant hydropower were the most oft-cited
explanations for the falling dailies.  According to Weather Derivatives,
heating demand in the Northwest was only expected to average 84 percent of
normal through January 9, while the latest six-to-ten from the NWS was
predicting above-normal temperatures in the region's major load centers from
January 9 through 13.  "Given the amount of available hydropower and the
over-abundance of gas in storage, it will take some prolonged cold weather
to boost the day-ahead market, something that looks doubtful anytime soon,"
said one Northwest utility trader.  Flow forecasts for Chief Joseph remained
strong at 105 kcfs Friday, 75 kcfs Saturday, 60 kcfs Sunday, 110 kcfs
Monday, and 105 kcfs next Tuesday through Thursday.

As weaker gas prices took their toll on the highly dependent California
market, electricity prices for the Friday/Saturday package softened on
Thursday, despite more off-line megawatts than a day ago.  "The gas glut has
been a problem so far this winter, and now the plentiful rain in the north
is just adding more to the off-kilter supply dynamic.  The dailies came off
a lot late in the day, which I think will continue on Friday," commented one
Golden State guru, while another confined himself to saying, "The AGA was
not good."  Spot gas at the Southern California Border notched down another
few cents, transacting between 2.33 and 2.38$/mmBtu.  Heavy load goods at
NP15 saw action from 22 to 26.5$/MWh, with the bulk of deals done between
23.5 and 24.5$/MWh.  The light load product traded between 16 and 21$/MWh,
with the low end reached late.  In unit news, Morro Bay #3 (337 MW) was
operating at 185 MW on Thursday, while Alamitos #4 (320 MW) was derated to
100 MW.  Los Medanos (550 MW) upped its output to 150 MW.  Large gas-fired
Pittsburg #7 (682 MW) exited the grid for unplanned maintenance.  The
weather picture stayed steady (read: boring) on Thursday.  Mid-state load
centers expected highs in the mid-50s and lows in the mid-40s on Friday,
while Southern cities anticipated temperatures about 10 degrees warmer.
Little change was forecast through the first day of the new week, and the
latest six-to-ten called for continued above-normal temperatures from
January 9 to 13.

Despite some ongoing outages, day-ahead electricity prices in the Southwest
fell for the weekend combo.  Peak power at Palo Verde traded anywhere from
24.75$/MWh early, to 22.75$/MWh, and possibly lower, in late trade.  Most
players did not anticipate much strength in the days to come, as was
evidenced by balance-of-the-month contracts that were heard selling between
24 and 25$/MWh on Thursday.  In unit news, Cholla #4 (375 MW) was still
off-line with no available ETR as of this writing.  Coronado #1 (365 MW) was
expected to return on January 8, while Mohave #2 (790 MW) was sporting an
ETR of 14:00 MST on January 6, but players familiar with the unit said the
ETR has been getting pushed further back on a daily basis.  There were
reports that San Juan #1 (350 MW) was off line, but no confirmation was
obtainable.  The latest six-to-ten from the NWS was calling for above-normal
temperatures in Arizona and normal temperatures in New Mexico from January 9
through 13, while weather derivatives pegged heating demand in the desert
region at 90 percent of normal through January 13.

Patrick O'Neill and Jessie Norris
_________________________________________________________

Western Generating Unit Outages

Current                            Begins          Ends          Reason
CAISO units <250/6054 total          NA             NA
planned/unplanned*
Alamitos #3/320/gas               04-Dec-01         ?            planned
Big Creek Project/1020/hydro      09-Dec-01         ?         @752MW,
planned
Cholla #4/375/coal                01-Jan-02         ?           unplanned
Coronado #1/365/coal              22-Dec-01     08-Jan-02    main
transformer*
Etiwanda #3/320/gas               22-Dec-01         ?            planned
Etiwanda #4/320/gas               22-Dec-01         ?            planned
Grand Coulee #19/600/hydro        10-Dec-01       March          repairs
Helms PGP #2/407/hydro            01-Oct-01         ?            planned
Hyatt/Thermalito/933/hydro        02-Oct-01         ?      @607 MW,
unplanned
Los Medanos/550/gas               25-Dec-01         ?      @150 MW,
unplanned*
Mohave #2/790/coal                29-Dec-01     06-Jan-02        unplanned*
Moss Landing #7/739               29-Dec-01         ?            planned
Ormond Beach #1/725/gas           28-Dec-01         ?            planned
Ormond Beach #2/750/gas           05-Oct-01         ?      @350 MW,
unplanned
Pittsburg #6/317/gas              22-Nov-01         ?            planned
Pittsburg #7/682/gas              03-Jan-02         ?            unplanned*
Redondo #8/480/gas                09-Dec-01         ?            planned

For unit owners refer to pdf version.
*Indicates a change from previous EMR.
______________________________________________________________________

Eastern Markets Pre-Scheduled Firm Power Prices ($/MWh)

January 3, 2002 for January 4, 2002

Peak (Heavy) in $/MWh
                 Low     Change   High      Change
Into Cinergy    25.00     1.00    29.50     -1.00
Western PJM     26.95    -1.90    28.25     -2.75
Into Entergy    24.50     1.25    28.25      3.00
Into TVA        26.00     2.00    30.75      4.75
___________________________________________________________
As regional differences made their presence felt in the market, peak power
prices posted mixed results across the Eastern Interconnect on Thursday.
Propelled by a snowstorm and unseasonably cold temperatures, day-ahead
electricity prices strengthened at the southeastern hubs, while spot prices
at northern hubs weakened slightly, but still maintained Wednesday's robust
levels.  With warming in the extended forecast, traders were not optimistic
that prices would stay high into the new week.  On another down note, the
AGA listed last week's national draw at 124 bcf, below most industry
estimates.  Traders said they were expecting a draw of around 140, and were
hoping for a number closer to 160.  NYMEX Henry Hub natural gas futures
plunged on the news, with the front-month losing 19.7 cents to settle at
2.268$/mmBtu.  March shed 18 cents to close at 2.263$/mmBtu.

With the return of a key unit to the grid and a break in the below-normal
temperatures expected by Saturday at the latest, heavy load electricity
prices softened on Thursday.  Big nuke Salem #2 (1,106 MW) was back in
service on Thursday, along with approximately 1600 additional MW of power.
Western PJM goods changed hands between 26.95 and 28.25$/MWh, skidding down
almost 3$/MWh on the high and 2$/MWh on the low.  From a high of 55.83$/MWh
at 09:15 EST, LMPs declined steadily as the day progressed, averaging
22.59$/MWh through 15:00 EST.  Forecasts for Friday predicted highs in the
low-40s and overnight lows in the mid-20s across PJM.  Temperatures were
expected to remain within 3 degrees of normal through Sunday, and the latest
six-to-ten from the NWS called for mostly normal temperatures from January 9
to 13.

Amid forecasts calling for slightly warmer weather and rumors of a unit
outage, day-ahead energy costs fell in the Midwest on Thursday.  According
to Reuters, Illinois-based Cordova (537 MW) was off-line for much of
Thursday, but returned to the grid in the late afternoon, however, traders
were unable to confirm the outage.  Into Cinergy peak products were bought
and sold between 25 and 29.5$/MWh.  Daytime high temperatures were expected
in the 34 to 39 degree range in ECAR on Friday, with the corresponding lows
expected in the high-teens.  Lows were predicted to be well out of the teens
by Saturday, and the most current six-to-ten called for mostly normal
temperatures, with above-normal conditions at the northwestern edges of the
region, from January 9 to 13.

As very cold weather kept electricity demand high and despite much weaker
natural gas prices, peak power prices for Friday delivery firmed up in the
Southeast on Thursday.  Into Entergy deals were done between 24.5 and
28.25$/MWh, while Into TVA heavy load goods transacted from 26 to
30.75$/MWh.  The bulk of deals were heard above 29$/MWh.  Friday lows were
expected to drop into the frigid teens, while highs were expected to climb
into the upper-30s.  The latest six-to-ten called for below-normal
temperatures from January 9 to 13.
___________________________________________________________
California ISO Congestion Index in $/MWh

                         Path                 Peak   Off-peak
for 04-Jan-02         NW1 to NP15             0.31     0.00
                      NW3 to SP15             0.00     0.00
                      AZ3 to SP15             0.00     0.00
                      LC1 to SP15             0.00     0.00
                      SP15 to NP15            0.00     0.00

OTC Forward Peak Electricity Contracts in $/MWh

                    Mid-C              PV              SP-15
                Bid      Ask      Bid      Ask      Bid      Ask
BOM            21.00    22.50    23.50    24.50    25.00    26.00
February       19.00    20.50    23.50    24.50    24.00    25.00
March          16.50    18.00    22.50    23.50    23.50    24.50
April          16.50    18.00    22.00    23.00    22.50    23.50
Q2 '02         16.25    17.75    26.00    27.00    26.00    27.00
Q3 '02         30.25    31.75    40.50    41.50    39.00    40.00
Q4 '02         25.00    26.50    26.50    27.50    29.00    30.00
Q1 '03         26.00    27.50    26.00    27.00    28.00    29.00
Cal '03        26.00    27.50    31.50    32.50    33.00    34.00

Represents the most recent bid/ask spread obtainable
by the Energy Market Report.

Alberta Power Pool Index (C$/MWh)

                    Peak(14)   Peak(16)   Off-Peak    Flat     Change
for  02-Jan-02       44.89      44.08      21.77      37.31     9.29

BPA's Offer for 1/06/02 through 1/07/02.

Hours        Amount          NW delivered        COB/NOB delivered

1-6,23,24    100MW           Market Price*          Market Price*
7-22         100MW           Market Price*          Market Price*

*Market price will be determined at time of request.

NYMEX Henry Hub Gas Futures in $/mmBtu

                 Close        Change
        Feb      2.268        -0.197
        Mar      2.263        -0.180

Natural Gas Spot Prices in $/mmBtu

                  Low          High
Sumas             2.09         2.14
So. Cal Border    2.33         2.38
San Juan          2.15         2.20
__________________________________________________________

Economic Insight, Inc. - 3004 SW First, Portland, Oregon 97201,
Telephone (503) 222-2425, Internet e-mail emr@econ.com -
Copyright, Economic Insight, Inc. 2002.


Kam - Cheryl was able to use the short-name "PERFORMANCE".  Please disregard my e-mail.  I will notify you when they're set up in ERMS.

ST

 -----Original Message-----
From: 	Johnson, Cheryl
Sent:	Wednesday, January 09, 2002 4:32 PM
To:	Trevino, Susan; Hare, Bill D.; Otegbola, Remi; Rodriguez, Bernice
Cc:	Wilson, Shona; Abel, Chris; Ayala, Susie
Subject:	RE: Book request #B-JAN09-3-ST-7

The books have been created in GCP per your request.

CP ID 27914	PERFORMANCE
CP ID 166951	IM-PERFORMANCE
CP ID 166953	FT-PERFORMANCE

Let us know if you require anything further.

Cheryl x33103
 -----Original Message-----
From: 	Trevino, Susan
Sent:	Wednesday, January 09, 2002 3:56 PM
To:	Hare, Bill D.; Johnson, Cheryl; Otegbola, Remi; Rodriguez, Bernice
Cc:	Wilson, Shona; Abel, Chris; Ayala, Susie
Subject:	Book request #B-JAN09-3-ST-7

Please set up the books on the attached book request form and notify me when complete.  Contact me if you have any questions.

Thanks,
Susan
x3-1462

 << File: B-JAN09-3-ST-7.xls >>


Hi Greg,

I just wanted to mention that if we are going to bust the percentage rule on
the option payment, there is no incremental damage in having the option
payment credited to the purchase price of the land.

As for officers of the development company, I would use Dave Duran.  Ben
holds a power of attorney, but isn't an officer.

Hope you get email!

Kay


You're so right. I've taken it out. I think that must have been a lapse in
brain cells for one of the traders!

Thanks,
Kate

Kerri Thompson@ENRON
12/19/2000 11:18 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 481838

kate, i don't think this deal should have a broker.

kerri


Ok, it looks like we are going with the no deal situation. I will zero out
the buyback and the sale for the next 2 weeks. Let me know if you want to
handle it differently.
---------------------- Forwarded by Kenneth Seaman/HOU/ECT on 01/21/2000
12:05 PM ---------------------------

	Enron North America Corp.

	From:  Gary W Lamphier                           01/21/2000 11:55 AM

To: Kenneth Seaman/HOU/ECT@ECT
cc: Dan J Hyvl/HOU/ECT@ECT, Joanie H Ngo/HOU/ECT@ECT
Subject: Re: Valero -- Meter 8018

I have requested a force majeure letter from Valero and they wanted to know
what exact language should be in this letter.  Dan, can you give me some
guidance that I can directly forward to Valero.

Kenneth Seaman   01/21/2000 09:17 AM

To: Gary W Lamphier/HOU/ECT@ECT
cc: Daren J Farmer/HOU/ECT@ECT, Joanie H Ngo/HOU/ECT@ECT
Subject: Valero -- Meter 8018

The plant went down at 0001 hrs this morning. My information is they moved
their turnaround up and will be down for as long as 3 weeks. Please let us
know how the economics should be handled---- buyback, force majure, no deal,
or what.

Thanks
Ken


Bob, you are correct in your statement.  But I want to be sure Koch understand
	when they nominate their receipt at Carlton of 2828 the delivery on that
	path will be 2828 less fuel.  Otherwise I agree with you statements.  I will
	be out next week, but Raetta is up to speed on this issue if you have any
	questions.  Thanks. Lynn

-----Original Message-----
From: Stevens, Bob
Sent: Wednesday, November 14, 2001 9:10 AM
To: Blair, Lynn
Subject: FW: Receipt Points

Lynn:  Please verify that if Koch realigns their 35,000/d contract (K# 20510)such that their MDQ at Carlton matches their Carlton flow obligation of 2,828 and has the rest of their 32,172/d at Marshall (They would need to realign 30 mcf from Carlton to Marshall to effectuate the above, and I've checked with Doug Aschwege to make sure he would approve it.) that Steve's and my interpretation as described below is correct.  Basically the question is whether the Carlton flow obligation is only the Tariff stated volume (ie., no fuel imputed) and that the remainder of the MDQ plus fuel on the whole 35,000/d will flow as primary firm receipts at Marshall.  Thanks for your help!

-----Original Message-----
From: Phillips, Steve (EKT) [mailto:Steve.Phillips@entergykoch.com]
Sent: Tuesday, November 13, 2001 4:25 PM
To: Stevens, Bob
Subject: Receipt Points

Bob,

Per our conversations earlier this month,  My contract 20510 needs to have
only 2828 mmbtu at Carlton and 32172 at Marshall.  All of the fuel for the
transport needs to be taken from Marshall.  Currently, this contract has
2858 at Carlton.  This is 30 above my obligation.  After this change is
made, it is my expectation that under no circumstances will my volume at
Carlton be curtailed below a receipt volume of 32568 at Marshall.   A
combination of 2828 plus 32568 gives me a delivered volume of 35000.  That
is my firm entitlement and curtailments below that are unacceptable as long
as my nominations are primary FT.

Please contact me at 713-544-4017 if more clarification is needed.

Thank you.

Steve Phillips


When you are done with the script please call Casey and John.

Thanks,
Stacey


That would be great.

B.

	Vince J Kaminski@ECT
	06/29/00 10:27 AM

		 To: Barry Pearce/Enron Communications@Enron Communications
		 cc: Stinson Gibner/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
		 Subject: EBS VaR Transaction Policy

Barry,

Stinson forwarded your message to me. I am meeting Ted Murphy today and I
shall bring it up with him.
We have unit at Research (Tanya Tamarchenko, reporting to Grant Mason) who is
responsible for
 V@R support.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/29/2000
10:28 AM ---------------------------

Stinson Gibner
06/29/2000 09:55 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: EBS VaR Transaction Policy

FYI

---------------------- Forwarded by Stinson Gibner/HOU/ECT on 06/29/2000
09:54 AM ---------------------------

	Barry Pearce @ ENRON COMMUNICATIONS
	06/29/2000 09:09 AM

To: Stinson Gibner/HOU/ECT@ECT, Dale Surbey/LON/ECT@ECT, Ted
Murphy/HOU/ECT@ECT
cc: Lou Casari/Enron Communications@Enron Communications, John Echols/Enron
Communications@Enron Communications, Jim Fallon/Enron Communications@Enron
Communications
Subject: EBS VaR Transaction Policy

Hey you guys,

We are trying to implement a 'VaR transaction' policy - and would like your
opinion.

This is going to be tough - because I'm not sure we have implemented a
similiar policy across any of our other 'books' - that is - we looking to
bring in all the accrual/operational assets as well as the MTM stuff
(lambdas). To have a real-live 'configuration' of the system.

If assets/routes/servers etc...are added - what is the impact on the 'value'
of the system and what it's worth.

John has attached a draft below - for your review and thoughts.

I can see how this works in a trading environment - when you actually know
the VaR of your whole trading portfolio. However - I've not seen this done
with a mixture of MTM & accrual assets. Add the spice of a 'operational
system' valuation  - and this will be tough to quantify and model.

Step 1 - configure system and value it
Step 2 - calculate a VaR on this. We will need to do some work here!
Step 3 - calculate the incremental VaR of new deals/amendements/reconfigs etc
- tough....

See what you think?

B.

	John Echols
	06/28/00 05:41 PM

		 To: Jim Fallon/Enron Communications@Enron Communications, Barry Pearce/Enron
Communications@Enron Communications, Lou Casari/Enron Communications@Enron
Communications
		 cc:
		 Subject: Policies

Here is a first rough draft of a "value @ risk" transaction policy.

I would like you to start looking at where we are going on the policy and get
some early thinking going on limits for the V@R.  For example, should we
effectively shut down all server relocations without approval,  or allow some
level of MB of storage to be moved around or reconfigured?

I need some commercial and industry realism for this.  We may need Rick
Paiste or your industry helpers (Marquardt, etc. to help us).

Barry,  Lou,  I need your input.


Gentlemen:
Here is the new draft of the policy.  We have left a message with ACE about a
call at 9 (houston time) tomorrow.  If that chnages, I will let you know.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 06/22/2000 04:18 PM -----

	Bill Windle@ENRON
	06/22/2000 03:33 PM

		 To: Gaurav Babbar/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Carol St
Clair/HOU/ECT@ECT
		 cc:
		 Subject: Agreement

Carol/Leslie,

Here it is....

---------------------- Forwarded by Bill Windle/Corp/Enron on 06/22/2000
03:32 PM ---------------------------

"Gieryn, Rick TL21J" <Rick.Gieryn@ACE-INA.com> on 06/22/2000 03:09:44 PM
To: "'bill.windle@enron.com'" <bill.windle@enron.com>,
"'baird@ballardspahr.com'" <baird@ballardspahr.com>
cc: "Zaccaria, Ed TL32B" <Ed.Zaccaria@ACE-INA.com>, "Hoog, David T TL16"
<David.Hoog@ACE-INA.com>, "Sindaco, Mary C TL21J" <Mary.Sindaco@ACE-INA.com>

Subject: Agreement

Bill:  Attached is a revised draft of the Agreement which incorporates the
resolution of the open items discussed last evening and this morning.  We
look forward to going over this with you tomorrow.

Please note that we have not received your e-mail containing language
relating to indemnification.  This is not incorporated into the contract.
Rick.

 <<Replacement Power Insurance Policy1.doc>>

 - Replacement Power Insurance Policy1.doc


- 02.05.02.xls


I am going to run w/holly at 7:00 on saturday and then meet her for breakfast
at 8 at the IHOP.  Lucinda is going to join us for breakfast.  I thought
maybe if it met w/your running schedule you might want to join us...


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 12/05/2000
11:36 AM ---------------------------

shirley.s.elliott@citicorp.com on 12/04/2000 05:26:21 PM
To: Collin_Hicks@yahoo.com, bgoodman@deloitte.com, ggaunt@ford.com,
jjohnson@daewoous.com, jsherman@deloitte.com, LPope@icgcommerce.com,
luke@ccatexas.org, Matthew.Lenhart@enron.com, mav51@columbia.edu,
Timothy.Baker@idea.com
cc:

Subject: FW: granny

-----Original Message-----
From: JohnWheeler [SMTP:JohnWheeler@PZLQS.com]
Sent: Monday, December 04, 2000 4:58 PM
To: adam.altsuler; mondor; akent; alexwilldoit; alina.r.contreras;
alyson.hanna; aeholco; bcone; brad.rushing; bwhogan; brian; brian.holmes;
charboneau; catrelyea; karakoram.1; dalasoul; david.g.merkel; erica.klein;
erich.holmsten; jmercer; tenenbown; jzarr; jbf76; wjrpr; jhuff; jkeating;
jlwren; kerbydorrell; jrayb10104; lpnance75; laura.rieke; lcurson; lstanley;
lisapounds; mschmid; mark.dalton; mmcintyre; matthew.overbeck; meredith;
mhardy; mwheeler; pbreen; rcarrell; rodneyac; rcanedo; rlusterjr; rgee;
scentan; smcspadden; sean.zeid; Elliott, Shirley S.; sonya.castex;
stanley.c.jones; lsputman; ttalbot; tifftalbot; titocakes; traceh; tbates;
tcwalker250; tyroberts; tholder; willrhodes
Cc: JohnWheeler
Subject: FW: granny

> -----Original Message-----
> From: Julie Loyd Bannon [SMTP:JulieL@srcm.com]
> Sent: Monday, December 04, 2000 4:41 PM
> To: 'aimee'; 'amanda'; 'andrea'; 'bain'; 'bradford'; 'carrie'; 'grant';
> 'heather'; Chris Holt; 'jaime'; 'jared'; 'johnwheeler'; 'K-Keel-T';
> 'Kolbe'; 'konrad'; 'kyle'; 'kym'; 'lesa'; 'lovas'; 'mark'; 'SarahWilson';
> 'Skinny'; 'shankie dank'; 'tally'; 'thadeus'; 'the-other-julie'; 'tom';
> 'upshaw'; 'Whitney'; Jason Butler; Roger Silverglat; Shannon Burns; Doug
> Henderson; Brandon Stoker; Brian Rawlings; Chris Sherrod; Mark Dunagan;
> Dan Shuff; Gail Walsh; Charlie Barnes
> Subject: FW: granny
>
[Wheeler, John]   <<GRANNYL.MPG>>  Just for all to know, I was on to one of
.

 - GRANNYL.MPG


Please contact Brendan Fitzsimmons (x54763) or Robert Johnston (x39934) for further information.


Scott,

Have you ever heard of anyone upgrading medium Btu gas (like landfill gas for
example) in some way to get it up to pipeline specs?  Do you know any Chem.
E. type who might have some idea of what it would take to do this?

Steve


CALENDAR ENTRY:	APPOINTMENT

Description:
	Doctor's appt. Leave at 1:30 Appt 2:15

Date:		1/3/2001
Time:		1:30 PM - 3:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Monday at 10:00 a.m. is fine.   Attached is my updated work status memo.

Susan D. Flynn
Enron North America Corp.
1400 Smith Street, EB3806
Houston, Texas  77002
Phone:  713-853-0975
Fax:  713-646-3490

	Carol St Clair
	06/22/2000 05:35 PM

		 To: Susan Flynn/HOU/ECT@ECT
		 cc: Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 Subject: Monday Meeting

Susan:
Sara and I would like to meet with you sometime on Monday to go over all
outstanding work items so we are aware of what can be accomplished before you
leave and what may need to be given to the other paralegals.  Can we do that
at 10 and can you send to us before then an updated list of your outstanding
work assignments? Thanks.

Carol


Kay

I used your 2001 form and have modified it to show changes I think we should
make in the form.  Please note that the words I have highlighted in yellow
are highlighted only to show I've underlined them.  That's purely a stylistic
thing I do to make it easier to search for a defined term.  I've also
attached, as part of the document but not as an exhibit, the form of
Memorandum of Option that I have prepared for the two options I'm working
on.  This is the form of Memorandum of Option that we use for our Houston
Pipe Line and Enron Midstream properties.  To make sure that we don't
inadvertently put a cloud on title, I always put the termination date of the
option agreement in the document.  If we exercise the option, it is a moot
point but, if we don't exercise the option, we could cloud the owner's
title.  It is my intention for the Florida projects that we will always
endeavor to get a Memorandum filed.


______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com

 - I have one.JPG


<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">

	<title>Digest of Kansas State Athletics News</title>

  Kansas State vs. Kansas Football Press Conference Quotes

    Head Coach Bill Snyder discusses the upcoming game against Kansas.

  On playing KU, a rival school:
I would like to think, no matter who you were going to line up, that there would be a tremendous amount of motivation to become better, to have success. I think that's why we play the game, I think that's why youngsters play the game, and I think under any circumstances that they would be motivated to do so. I would hope that it would be that way. Does that make it true or not? Not necessarily, I think what you say, John, makes sense that if there is a need for additional motivation beyond what they have, maybe this traditional rival game could provide that.

  More Headlines

K-State Eyes Revenge in Matches vs. Texas Tech, Nebraska

The Wildcats
Big 12 Media Day

Head coach Deb Patterson and senior Kristin Rethman at Big 12 Media Day in Dallas, Texas.
Castillejos Advances In Qualifying Round Of ITA Regional Championships

McIver Falls In First Match
Quotes From Kansas State's Visit To Big 12 Media Day In Dallas

Head coach Deb Patterson and senior guard Kristin Rethman comment on the upcoming season.
K-State Tennis Travels To Tulsa For The ITA Regional Championships

Jecminkova, Sedlmajerova, Rosenberg Seeded In Main Draw
Off The Gridiron With Senior Offensive Lineman Andy Eby

Senior Andy Eby is a man of versatility. It's a good thing because he has been up and down the Wildcat offensive line this year.
Women's Rowing Finishes in Top 25 at Head of the Charles

Kansas State finished 24th in a field of 53 entries.

In The Spotlight

KSU Wildcats FANStore!
Vision Poster...Buy it NOW at the Kansas State Wildcats FANStore!

Quick Bytes

Sign up for FANSonly Wireless
Stay up to date with the latest K-State scores and headlines sent to your cell phone!

Visit Gameday Central
Get up to date news on the upcoming Kansas State games and follow the progress of the Wildcats through the 2001 season.

Wildcats Ticket Information
Get your tickets now to watch head football coach Bill Snyder and the rest of the Wildcats take on the Big 12!!!

Listen To Wildcat Audio!
Play audio and video clips that are updated every couple of days!

Kansas State  Screensaver
Updated every week the Kansas State screen saver offers the latest pictures from football season.  Get yours today!

FANSonly Network

Live Stats & Live Audio
Search by date or by school in the extensive FANSonly.com menu of live stats and live audio!

  Subscription Management

Subscribing:
  Update your preferences on the User Registration page (you'll need your username and password).

  Unsubscribing:
  Update your preferences on the User Registration page (you'll need your username and password). OR, Send email to ksu-unsubscribe@newsletters.fansonly.com.

  New E-mail Address:
  Go to the User Registration page and update your preferences.

Your confidence and trust are important to us. Please review the FANSonly Privacy Statement.


Was'nt there an earlier powerpoint?
---------------------- Forwarded by Richard Shapiro/NA/Enron on 07/09/2001
01:45 PM ---------------------------

Maureen McVicker
07/09/2001 01:43 PM
To: Jeff Dasovich/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron
cc: Ginger Dernehl/NA/Enron@Enron

Subject: Please Take a Look--Draft Slides for Monday Talk in New York on
California Crisis

HERE'S A DRAFT OF THE EXNET PRESENTATION.  I'LL KEEP LOOKING FOR THE FINAL
VERSION.

----- Forwarded by Maureen McVicker/NA/Enron on 07/09/2001 01:42 PM -----
From: Jeff Dasovich on 01/26/2001 12:22 PM
Sent by: Jeff Dasovich
To: skean@enron.com, Paul Kaufman/PDX/ECT@ECT, Susan J Mara/NA/Enron@ENRON,
Sandra McCubbin/NA/Enron@Enron, mpalmer@enron.com, Richard
Shapiro/NA/Enron@Enron, Karen Denne/Corp/Enron@ENRON
cc:

Subject: Please Take a Look--Draft Slides for Monday Talk in New York on
California Crisis

I've still got considerable work to do, but wanted to make sure all had a
chance to review and comment well in advance of finalizing.  I'm giving a
talk at Exnet on Monday about California.  Attached is a draft of the
slides.  All comments welcome and appreciated.  I'm continuing to work on
it.  Thanks very much.

Best,
Jeff


Hi - Thanks for Sat. - that was fun.  Can you play Tues or Thurs lunch?


Gerald,

As you may have discussed with Dave Owen, I gave your name and phone number
to the Universal representative I am working with here in Midland.  Their
lawyer in Houston should be contacting you either late today or tomorrow
morning concerning 1 or 2 questions he has on the rental agreement.  Once
you both clear up the questions, we will execute the rental agreement.
His name is Mark Carter.  He is aware that you work for Enron but represent
Crescendo's interests.

Thanks.  Call if you have any questions.

Ken Krisa


Folks,
do you know about this resource??? Ginger turned me onto it!

http://planet.enron.com/

check it out......very cool!

Joseph


Start Date: 4/9/01; HourAhead hour: 15;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040915.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/9/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_OZZY
  ENGY_TYPE: FIRM


Rose,

I could not open the attachments.
Vince Kaminski

rose.o.perez@us.arthurandersen.com on 03/17/2000 11:03:19 AM
To: david.m.johnson@us.arthurandersen.com,
al.g.fortunato@us.arthurandersen.com, j.clinton.walden@us.arthurandersen.com,
johnny.molina@us.arthurandersen.com, martin.l.lawera@us.arthurandersen.com,
mark.d.cory@us.arthurandersen.com, angie.g.tyndall@us.arthurandersen.com,
allison.m.gaspard@us.arthurandersen.com, amy.e.hare@us.arthurandersen.com,
laura.k.prothro@us.arthurandersen.com,
alejandro.gonzalez@us.arthurandersen.com,
robert.warrenburg@us.arthurandersen.com, john.d.payne@us.arthurandersen.com,
danielle.r.harkey@us.arthurandersen.com,
matthew.a.chambers@au.arthurandersen.com, uday.singh@us.arthurandersen.com,
shawn.p.winkler@us.arthurandersen.com,
shannon.s.goeuriot@us.arthurandersen.com,
stephen.e.simmons@us.arthurandersen.com,
jonathan.m.shepko@us.arthurandersen.com, nberlin@ftenergyusa.com,
asutjia@columbiaenergygroup.com, roenz@kochind.com, msalt@ftenergyusa.com,
Eileen.O'Grady@dowjones.com, hjoshi@tractebelpowerinc.com,
SOLI_F@hotmail.com, mmurray@ftenergyusa.com, dnovick@tractebelusa.com,
mk-zientara@reliantenergy.com, mmurphey@tractebelusa.com,
eckuykendall@hotmail.com, bwallace@pcenergy.com, mkhan@saladin.com,
jthomas@reliantenergy.com, CATHAIDE@coral-energy.com, ymontei@ibm.net,
donald_winslow@apsc.com, lee.ferrell@eprime.com, jim.haylett@pdq.net,
sean@apbenergy.com, gdepotter@tractebelpowerinc.com, bdaniel@nucleuscorp.com,
spon@dynegy.com, sr@caminus.com, james_m_weyland@cngp.cng.com,
sbrush1012@aol.com, ksit@reliantenergy.com, rwood@reliantenergy.com,
astudwell@reliantenergy.com, pstrange@reliantenergy.com, acloe@dynegy.com,
elpi@dynegy.com, kaer@dynegy.com, Rachel.A.Hoffman@reliantenergy.com,
scr@coastalsecur.com, sjaspalm@aol.com, vkamins@ect.enron.com,
tojo@mieco.com, wbradfo@ect.enron.com, eric.larson@pge.et.com,
egreen@kprc.com, hofmannm@kochind.com, milesn@kochind.com,
jminton@entergy.com, abhattacharyya@llplimited.com, lev.borodovsky@csfb.com,
ehelland@watersinfo.com, wlacy@peco-energy.com,
keith.fitz-gerald@pacificorp.com, pgerrer@ustrust.com,
kevin_w_bass@amoco.com, wbrdfo@ect.enron.com, khughes@kpmg.com,
wtaylor@avistaenergy.com, steve.bender@halliburton.com, kcarstens@kpmg.com,
ds10pub@aol.com, mcorrea@entergy.com, dlmurray@kpmg.com, "scr"
<scr%cpasta@arthurandersen.com>, sjlaspalm@aol.com, xxia@worldnet.att.net,
xxenergy@i1x.netcom.com, wskemble@shellus.com, wmdumond@imailbox.com,
wjs@thorpecorp.com, wchi@dynegy.com, stathis@athena.bus.utexas.edu,
sstewart@transenergy.com, sama@dynegy.com, sam.c.henry@conoco.dupont.com,
rw22@usa.net, RayJDunn@aol.com, Rahim_Baig@kne.com, rabi@shellus.com,
pzadoro@ect.enron.com, pmeaux@entergy.com, pitbull@wt.net,
Parker3M@kochind.com, ostdiek@rice.edu, Nhong@ect.enron.com, mthomas@hia.net,
mike.sepanski@kmtc.com, MerrillPL@aol.com, mtbe@dynegy.com,
mbreese@tpc-corp.com, mbernst@ect.enron.com, martin.a.makulski@ac.com,
markw@primosystems.com, mark_loranc@kne.com, MAGDASR@TEXACO.COM,
madcapduet@aol.com, laan@dynegy.com, KhannaS@pge-energy.com,
kck7@cornell.edu, kathy.m.wang@ac.com, jturner4@csc.com, jspicer@eesinc.com,
JNKI@dynegy.com, jjle@dynegy.com, jeremy.i.sonnenburg@ac.com,
jeremy_mills@iname.com, jencooper@mindspring.com, jarvis@shellus.com,
haylett@tamu.edu, gkla@dynegy.com, groetzingerp@valero.com,
Greg_Wright@csc.com, cpapousek@eesinc.com, GCTMAT@worldnet.att.net,
fred.kuo1@jsc.nasa.gov, forouzans@pge-energy.com, FLWRGBM@MSN.COM,
eric_lundquist@sonat.com, edhirs@aol.com, csen@dynegy.com,
dennis.a.cornwell@usa.conoco.com, djones2347@aol.com, blake.a.pounds@ac.com,
bob_deyoung@yahoo.com, brysonpa@hal-pc.org, Arthur.Beiser@coastalcorp.com,
arubio@mail.utexas.edu, baris.ertan@ac.com, BABusch@mapllc.com,
bhagelm@ect.enron.com, fhayden@kpmg.com, achowdry@transenergy.com,
alemant@epenergy.com, alex_engles@csi.com, arajpal@coral-energy.com,
vmercal@enron.com, ashill@worldnet.att.net, Anne.Bollich@SouthernEnergy.com,
chsu@transenergy.com, AprilM@Penwell.com, paul-roberts@reliantenergy.com,
kthomas@phillips.com, michael_canfield@kmmktg.com, corey_dearing@kmmktg.com,
jennifer.casciani@us.pwcglobal.com, michael.rieke@dowjones.com,
jackson.b.craven@us.pwcglobal.com, more@insync.net, bjord@mh.com,
sbl@hou.stratum.com, julialong@worldnet.att.net, dstowers@watersinfo.com,
dgivens@ftenergyusa.com, clansdell@caminus.com, misty.khan@saladin.com,
myates@fame.com, asutjia@columbiaenergygroup.com, rwio@dynegy.com,
wlacy@peco-energy.com, mshinn@entergy.com, lloux@columbiaenergygroup.com,
ccoldir@entergy.com, tina_c_lee@reliantenergy.com, jkabcouwer@nisource.com,
jarmenta@tractebelusa.com, mbell@lcra.org, pcollins@reliantenergy.com,
JBCoorsh@houston.rr.com, bdahl@tractebelusa.com, bdaniel@nucleuscorp.com,
bdeware@oneok.com, cdeaton@columbiaenergy.com, pgilmore@tractebelusa.com,
jhapp@tractebelusa.com, thillman@reliantenergy.com, vkamins@enron.com,
skushni@ect.enron.com, lyches@pge-energy.com, dph@swbell.net,
partipilok@epenergy.com, apyaral@entergy.com, lrader@phillips.com,
crexrode@tractebelusa.com, steves@calpine.com, mtsuboi@noex.com,
j.c.whorton@us.pwcglobal.com, j.c.whorton@us.pwcglobal.com,
mwicklund@tractebelusa.com, kznymex@aol.com, lin@nol.net,
lee.ferrell@eprime.com, jim.haylett@pdq.net, sean@apbenergy.com,
sbrush1012@aol.com, twhitton@tractebelusa.com, spon@dynegy.com,
james_m_weyland@cngp.cng.com, grotezinger@valero.com,
bjorn.hagelmann@enron.com, aengles@ect.enron.com, karen_bleil@kmmktg.com
cc:
Subject: ERMA Meeting Notice & Membership Application

Please find attached the ERMA meeting notice and annual application for
membership information.

(See attached file: ERMA Meeting Letter.doc)

(See attached file: ERMA Meeting Letter 03-28-00.doc)

*******************Internet Email Confidentiality Footer*******************

Privileged/Confidential Information may be contained in this message.  If you
are not the addressee indicated in this message (or responsible for delivery
of
the message to such person), you may not copy or deliver this message to
anyone.
In such case, you should destroy this message and kindly notify the sender by
reply email. Please advise immediately if you or your employer do not consent
to
Internet email for messages of this kind.  Opinions, conclusions and other
information in this message that do not relate to the official business of my
firm shall be understood as neither given nor endorsed by it.

 - ERMA Meeting Letter 03-28-00.doc


Mercado Gas Services, Inc.
c/o Mark Hawkins
Director of Gas Marketing
504 Lavaca Street
Suite 970
Austin, TX  78701

Fax   512-476-5985

Tucson Electric Power
c/o David Hutchens
Manager, Wholesale Marketing
3950 E. Irvington Rd.
Tucson, AZ  85714

Fax   520-571-4065


Joe:

I have attached a copy of the Interview Itinerary.  Please let me know
is this will work for you!  Thanks.
 <<ParksJH.doc>>
Margie Moreno
Reliant Resources - HR Dept
713-207-8586 ph,713-207-0832 fax,713-421-5329 pg
mmoreno@reliant.com


<http://a1253.g.akamai.net/f/1253/1122/1d/graphics.directtrak.com/smartreminders/specialoffers/template/specialoffer.gif>  <http://a1253.g.akamai.net/f/1253/1122/1d/graphics.directtrak.com/smartreminders/specialoffers/template/bottom.gif> <http://www.smartreminders.com/index.cfm?method=MySmartReminders>

Dear SmartReminders Member,

LOWEST Prices on Hands Free Kits! <http://www.smartreminders.com/smartads.cfm?id=678>
Get the Hands Free Cell Phone Solution that's right for you today!
Hands Free Car Kits <http://www.smartreminders.com/smartads.cfm?id=678>	 Hands Free Head Sets <http://www.smartreminders.com/smartads.cfm?id=678>	 Hands Free Ear Pieces <http://www.smartreminders.com/smartads.cfm?id=678>
Hands Free Car Kits <http://www.smartreminders.com/smartads.cfm?id=678>	 Hands Free Head Sets <http://www.smartreminders.com/smartads.cfm?id=678>	 Hands Free Ear Pieces <http://www.smartreminders.com/smartads.cfm?id=678>
Regular price $79.95
Our price $39.95	 Regular price $29.95
Our price $12.95	 Regular price $24.95
Our price $9.95
Buy now! <http://www.smartreminders.com/smartads.cfm?id=678>	 Buy now! <http://www.smartreminders.com/smartads.cfm?id=678>	 Buy now! <http://www.smartreminders.com/smartads.cfm?id=678>
IndulgeYourCell.com... Lowest Prices, Huge Selection, Quality Products! <http://www.smartreminders.com/smartads.cfm?id=678>

FREE Antenna Reception Booster! <http://www.smartreminders.com/smartads.cfm?id=678>
FREE Antenna Reception Booster! <http://www.smartreminders.com/smartads.cfm?id=678>	   <http://a1253.g.akamai.net/f/1253/1122/1d/graphics.directtrak.com/dmcenter/spacer.gif>	Fed up with dropped cell phone calls?
    * Instantly increase your cell phone reception
    * Reduce static and dropped calls
    * Retail value $24.95
Get your FREE Antenna Booster while supplies last! <http://www.smartreminders.com/smartads.cfm?id=678>

  _____

We respect your privacy and are a Certified Participant of the BBBOnLine
 Privacy Program. To be removed from future offers,
click here. <http://www.smartreminders.com/index.cfm?method=unsubscribespecialoffers>
SmartReminders.com is a permission based service. To unsubscribe click here <http://www.smartreminders.com/unsubweb.cfm>.


I was reviewing the work queue in profile manager and found the following
items pending.  Great job - our pending list is very short!  Thank you for
your efforts.

Profiles in the Work Queue pending Credit:

Georgia Gulf Corporation
IGI Resources, Inc.
Itochu International Inc.
Louis Dreyfus Plastics Corp.
Phillips Petroleum Company
Sacramento Municipal Utility District
The New Power Company
Torch Energy TM, Inc.

Profiles in Work Queue pending Legal:

CMS Marketing, Services and Trading Company
Cargill Ferrous International
Helmerich & payne Energy Services, Inc.
Helsingin Energia
Sacramento Municipal Utility District
TotalFinaElf Gas & Power North America

Please let me know if you have any questions.

Thanks,
Stephanie x33465


Jana Phillips
Marketing Manager
New York Mercantile Exchange
1000 Louisiana Street, Suite 1095
Houston, TX 77002

Phone: (713) 658 9296
Fax  : (713) 658 9393
Jlpnymex@aol.com


Attached is a draft response to the Frontera Notice of Force Majuere, and my
tentative and preliminary litigation briefing.  Please review and comment.  I
will place a copy of Frontera's notice on your chair.  -David


Please address, and I'll check with Legal as well.  We typically only book
deals when everything is signed off.  Jeff
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 01/26/2001 11:58 AM -----

	David Hoog
	01/26/2001 09:37 AM

		 To: Jeffrey A Shankman/HOU/ECT@ECT
		 cc:
		 Subject: multi-trigger option contract

following up on our discussion yesterday; for these types of deals, i dont
think its necessary to have all the documentation of our counterparty's
authorization to enter into the agreement.  these are short term transactions
and requiring this documentation will cause us to lose business because
competitive alternatives do not have such burdensome requirements.

the primary reason we need these things is for the scenario where a muni does
a derivative deal with an open-ended downside, loses $50 million, and then
claims that it was not a valid contract.  in our case, they are only
hedging.  we are collecting a premium up front and their total cost is known
up front.  therefore they will not attempt to make this claim.  even if they
did, our risk is limited to the premium , not some big payout.

the risk of losing business is far greater than the risk of a counterparty
trying to get their premium back.  seems like a 5 second decision to me.

is it possible to combine the standard isda and our confirm into a single
long form?  by going away from the standard isda maybe we can eliminate these
requirements because the payout liability is only 1-way.


I am inquiring about the Dominion Transmission, Inc. E-Script System
agreement forwarded to you on March 2, 2001.

Please let me know the status.

Marlene D. Hilliard
EB2125a
Ext. 3-9167


- 11-29-2001.xls


Thanks for the update.  Good luck in NY.   Mark

	Bruce Lundstrom@ENRON_DEVELOPMENT
	01/08/2001 08:56 AM

		 To: Stephanie Harris@ENRON, Mark E Haedicke@ECT
		 cc: Rob Walls/NA/Enron@Enron
		 Subject: Dabhol - An Update on Legal Efforts

Gentlemen -

We are currently in the processing of serving/delivering the GOM Guarantee
demand and the PPA Meet and Discuss Letter.  Ken Lay approved the delivery in
a conference call this morning.  Our attention will then turn to the GOI
Guarantee demand (can be served a week from today), the Notice of Arbitration
under the GOM Guarantee and anticipation of injunctive relief being sought by
our counterparties to stay any arbitration and collection/payment on the
guarantees.

We are scheduled to meet with the lenders in NY tomorrow.

Bruce

---------------------- Forwarded by Bruce Lundstrom/ENRON_DEVELOPMENT on
01/08/2001 08:54 AM ---------------------------

Bruce Lundstrom
01/05/2001 01:57 PM
To: Stephanie Harris@ENRON, Mark E Haedicke@ECT
cc: Rob Walls/NA/Enron@Enron

Subject: Dabhol - An Update on Legal Efforts

Jim/Mark -

I know that Rob has been keeping you generally apprised, but I thought that I
would update you both on the quickly evolving Dabhol situation.

The commercial situation at Dahbol Power Company is deteriorating pretty
rapidly.  MSEB is now approx. 45 days late on payment in full of the October
invoice.  They have paid only a relatively modest portion of that bill.
Payment on the November bill is about 15 days late.  The MSEB Chairman says
that MSEB can't pay these invoices.

At present, the Governments of Maharashtra and India are refusing to engage
in a constructive dialogue on solving the non-payment issue and the 1400 MW
that will come on line as part of Phase II.  They say that they recognize
their obligations as guarantors of MSEB's obligations but are not interested
in helping in any different capacity (e.g., GOI buys some or all of Phase II).

Until just a few days ago, the lead India bank was refusing to fund even
their own ongoing interest obligation.  At present, they are refusing to
continue funding any other Phase II draw request.  The India banks have a
great deal to lose and, in our opinion, should strongly consider continuing
to fund Phase II.  It would seem that the lead India bank is scared, knaive
or, worse yet, very pessimistic about Dabhol's future -- perhaps there are
other reasons for their current position.

We are meeting with the international banks in NY on Tuesday.  Our main goal
is to convince them to continue to fund and to use their influence to have
the India banks do the same.

The current India legal crisis team is nearly identical to the 1995 India
legal crisis team.  The same law firms and lawyers (both Indian and
international) are continuing to play much the same roles.

We have not identified any particular "holes" in Dabhol's legal position.
While the India newspapers have offered up various theories that might allow
MSEB to cancel the PPA (frustration of purpose, etc.), none seem compelling.
No counterparty has offered up any of these theories directly to DPC.

In the short term, we are preparing (1) a demand under the GOM guarantee and
(2) a "meet and discuss" letter under the PPA.  The current plan is to serve
these next week.  We are also preparing (3) an arbitration notice under the
GOM guarantee, (4) a demand under the GOI guarantee and (5) an action against
MERC.  MERC is the Maharashtra Energy Regulatory Commission.  They have
issued "orders" over the last year limiting the amount of power that MESB
buys from Dabhol.  We do not believe that they have jurisdiction to do so.
We may or may not ultimately file this action.

Let me know if I can provide any further information.

Bruce


What Do you want for Engram?


Attached is the Management Report for Feb. 25, 2000

External Trading

 Total  25-Feb-00  To Date

 Number of Transactions   955   35,241
 Gross Notional Value $   410,062,564   11,350,579,802

 Revenue from Physical flows to date ($)    361,702,829

 Number of New Counterparties transacting today    3
 Number of Counterparties having transacted to date    229

 N.A. Gas

 Number of Transactions   779   29,150
 Volume of Transactions (mmbtu's)   181,251,076   5,804,982,603
 Gross Notional Value $   300,414,377   9,137,162,534

 UK Gas

 Number of Transactions   46   1,888
 Volume of Transactions (mmbtu's)   7,272,500   238,124,000
 Gross Notional Value $   15,227,333   477,315,343

 Belgium Gas

 Number of Transactions   3   78
 Volume of Transactions (mmbtu's)   917,500   16,472,500
 Gross Notional Value $   1,964,081   32,429,528

 U.S. Power

 Number of Transactions   65   2,977
 Volume of Transactions (MWh's)   548,361   23,494,816
 Gross Notional Value $   20,372,996   829,853,690

 UK Power

 Number of Transactions   19   167
 Volume of Transactions (MWh's)   1,450,560   7,966,153
 Gross Notional Value $   53,640,348   308,151,500

 Swiss Power

 Number of Transactions   4   28
 Volume of Transactions (MWh's)   6,785   47,051
 Gross Notional Value $   152,657   1,049,929

 German Power

 Number of Transactions   10   177
 Volume of Transactions (MWh's)   91,717   1,445,019
 Gross Notional Value $   1,744,145   27,356,113

 Spanish Power

 Number of Transactions   -     6
 Volume of Transactions (MWh's)   -     17,713,650
 Gross Notional Value $   -     631,836

 Norwegian Power

 Number of Transactions   6   97
 Volume of Transactions (MWh's)   84,960   1,739,904
 Gross Notional Value $   1,207,251   25,529,578

 Crude & Products

 Number of Transactions   4   237
 Volume of Transactions (BBl's)   552,486   26,320,184
 Gross Notional Value $   4,102,280   356,995,280

 Petchems

 Number of Transactions   2   36
 Volume of Transactions    16,000   312,000
 Gross Notional Value $   6,600,000   40,112,900

 LPG

 Number of Transactions   4   165
 Volume of Transactions (BBl's)   32,000   1,888,000
 Gross Notional Value $   1,116,500   64,682,500

 U.S. Coal

 Number of Transactions   8   82
 Volume of Transactions (st)   78   2,033,406
 Gross Notional Value $   3,091,500   28,766,183

 U.S. Pulp & Paper

 Number of Transactions   -     4
 Volume of Transactions (st)   -     2,550
 Gross Notional Value $   -     1,500,750

 Plastics

 Number of Transactions   1   1
 Volume of Transactions   1,500,000   1,500,000
 Gross Notional Value $   427,500   427,500

 Emmissions

 Number of Transactions   -     58
 Volume of Transactions   -     145,000
 Gross Notional Value $   -     18,982,650

 U.S. Weather

 Number of Transactions   2   91
 Volume of Transactions    2   96
 Gross Notional Value $   980   59,490

 UK Weather

 Number of Transactions   2   13
 Volume of Transactions    2   13
 Gross Notional Value $   617   3,678

 Number of Users Logging onto EnronOnline:
 External Users with Execution rights    808
 External Users with No Execution Rights    76

 Internal Trading
 25-Feb-00  To Date
 Gas

 Number of Transactions   88   2,413
 Volume of Transactions (mmbtu's)   39,862,109   976,457,891
 Gross Notional Value $   78,055,718   1,675,207,569

 Power

 Number of Transactions   9   67
 Volume of Transactions (MWh's)   150,574   902,846
 Gross Notional Value $   3,756,832   26,914,399

 Coal

 Number of Transactions   -     -
 Volume of Transactions (st)   -     -
 Gross Notional Value $   -     -

 Emmissions

 Number of Transactions   -     -
 Volume of Transactions (st)   -     -
 Gross Notional Value $   -     -

 Total

 Number of Transactions   97   2,480
 Gross Notional Value $   81,812,550   1,702,121,967

Regards

Louise


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/14/2001 12:02 PM -----

	Kevin Keeney@EES
	06/13/2001 12:40 PM

		 To: Susan J Mara/NA/Enron@ENRON
		 cc:
		 Subject: Update on CPUC Stopping Direct Access

Sue,

Can you include me on the distribution for CA matters.

Thanks,

Kevin Keeney

---------------------- Forwarded by Kevin Keeney/HOU/EES on 06/13/2001 02:39
PM ---------------------------

Tamara Johnson
06/13/2001 02:37 PM

To: Kevin Keeney/HOU/EES@EES, Marcus Dotson/HOU/EES@EES
cc:
Subject: Update on CPUC Stopping Direct Access

Sue's "to:" list is so long, I can't tell if you two are on it...
---------------------- Forwarded by Tamara Johnson/HOU/EES on 06/13/2001
02:37 PM ---------------------------

Susan J Mara@ENRON
06/13/2001 02:11 PM
To: Malcolm Adkins/HOU/EES@EES, Alan Comnes/PDX/ECT@ECT, Angela
Schwarz/HOU/EES@EES, Beverly Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda
Barreda/HOU/EES@EES, Carol Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES,
Chris H Foster/HOU/ECT@ECT, Christina Liscano/HOU/EES@EES, Christopher F
Calger/PDX/ECT@ECT, Craig H Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora
Whitehead/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES,
Douglas Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric
Melvin/HOU/EES@EES, Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran
Deltoro/HOU/EES@EES, Gayle W Muench/HOU/EES@EES, Ginger
Dernehl/NA/Enron@ENRON, Gordon Savage/HOU/EES@EES, Harold G
Buchanan/HOU/EES@EES, Harry Kingerski/NA/Enron@ENRON, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western
Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy
Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy
Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S
Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, mpalmer@enron.com, Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Richard
L Zdunkewicz/HOU/EES@EES, Richard Leibert/HOU/EES@EES, Richard
Shapiro/NA/Enron@ENRON, Rita Hennessy/NA/Enron@ENRON, Robert
Badeer/HOU/ECT@ECT, Rosalinda Tijerina/HOU/EES@EES, Sandra
McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Sharon Dick/HOU/EES@EES,
skean@enron.com, Susan J Mara/NA/Enron@ENRON, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Jubran Whalan/HOU/EES@EES, triley@enron.com, Richard B
Sanders/HOU/ECT@ECT, Robert C Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
dwatkiss@bracepatt.com, rcarroll@bracepatt.com, Donna
Fulton/Corp/Enron@ENRON, gfergus@brobeck.com, Bruno Gaillard/EU/Enron@Enron,
Linda Robertson/NA/Enron@ENRON, Ren, Lazure/Western Region/The Bentley
Company@Exchange, Michael Tribolet/Corp/Enron@Enron, Phillip K
Allen/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, jklauber@llgm.com, Tamara
Johnson/HOU/EES@EES, Greg Wolfe/HOU/ECT@ECT, Jeff Dasovich/NA/Enron@Enron,
Dirk vanUlden/Western Region/The Bentley Company@Exchange, Steve
Walker/SFO/EES@EES, James Wright/Western Region/The Bentley Company@Exchange,
Mike D Smith/HOU/EES@EES, Richard Shapiro/NA/Enron@Enron, Leslie
Lawner/NA/Enron@Enron, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steve Walton/HOU/ECT@ECT,
psmith3@enron.com, mjackso7@enron.com, Janel Guerrero/Corp/Enron@Enron, Mark
Fillinger/SF/ECT@ECT, Jennifer Rudolph/HOU/EES@EES, Martin
Wenzel/SFO/HOU/EES@EES, wgang@enron.com, Joseph Alamo/NA/Enron@Enron, Tracy
Ngo/Enron@EnronXGate, Ray Alvarez/NA/Enron@ENRON, Steve C
Hall/ENRON@enronXgate, David Leboe/Enron@EnronXGate, Jay Zoellner/Western
Region/The Bentley Company@Exchange, Fatimata Liamidi/HOU/EES@EES, Sonia
Perez/HOU/EES@EES, Chris Holmes/HOU/EES@EES, Venkatesh Mani/Western
Region/The Bentley Company@Exchange, Richard Crevelt/Western Region/The
Bentley Company@Exchange, Dave Perrino/SF/ECT@ECT
cc:
Subject: Update on CPUC Stopping Direct Access

Current word on the street (as of this morning anyway):

Vote by CPUC to suspend direct access will be put off until at least June 28
meeting
Commissioner Bilas will draft an alternative that does not suspend direct
access
Drafts of the decisons are not available
Sacramento leadership has told Lynch, President of CPUC, that there should be
no vote to suspend direct access as long as negotiations on legislation for a
comprehensive solution continue (these include direct access)

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


Sara,
Do we have anything that we can share with this execution broker which documents the relationship between ECT Investments Inc. and Enron Corp.?
Thanks, Sheila

 -----Original Message-----
From: 	Jacqueline Tokley <jtokley@monumentderivatives.com>@ENRON [mailto:IMCEANOTES-Jacqueline+20Tokley+20+3Cjtokley+40monumentderivatives+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, September 27, 2001 1:01 PM
To:	Glover, Sheila
Subject:	RE: Terms of Business

Sheila,
Many thanks for the reply. Can you clarify for us the function that ECT
provides within the group and also if there is a corporate brochure or other
information available that explains the role in more detail.
Regards
Jacqueline

-----Original Message-----
From: Sheila.Glover@enron.com [mailto:Sheila.Glover@enron.com]
Sent: 25 September 2001 14:21
To: jtokley@monumentderivatives.com
Cc: Kimberley.Hopley@enron.com; Sara.Shackleton@enron.com
Subject: RE: Terms of Business

Jacqui,
I have forwarded Monument's updated document to Enron's legal department.
ECT Investements, Inc. is a wholly owned subsidiary of Enron North America
Corp. which is a wholly owned subsidiary of Enron Corp.  Enron Corp is a
Fortune 100 company and Financial Statements are readily available on the
web or from other published sources.

ECT Investments Inc does not issue any separate financial statements.

Our prime brokers are Goldman Sachs International, London, Tom Threlfall
contact, 207-552-5068, and Morgan Stanley, NY, Joe Marovich, 212-762-5227.

Please do not hesitate to call if you need anything.
Regards,
Sheila

    -----Original Message-----
   From:   Jacqueline Tokley <jtokley@monumentderivatives.com>@ENRON

[mailto:IMCEANOTES-Jacqueline+20Tokley+20+3Cjtokley+40monumentderivatives+2E
com+3E+40ENRON@ENRON.com]

   Sent:   Tuesday, September 18, 2001 2:12 AM
   To:     Glover, Sheila
   Subject:  RE: Terms of Business

   Sheila,
   Please could you E Mail or Fax some information on ECT Investments Inc
   for
   our records
   Please provide latest financials together with how this entity ECT
   Investment Inc fits within the group.

   Please also arrange for Prime Broker details to be provided.

   Many thanks for your assistance

   Regards
   Jacqui Tokley
   >  -----Original Message-----
   > From:      Jacqueline Tokley
   > Sent:      17 September 2001 16:58
   > To:   'sheila.glover@enron.com'
   > Subject:   Terms of Business
   >
   >
   > Further to our conversation we are pleased to attach an E Mail copy of
   the
   > Terms of Business in the name of the new entity.
   > Copies together with a covering letter will be forwarded to you
   shortly
   >
   > Regards
   > Jacqui Tokley << File: 201543.doc >>  << File: 201544.doc >>
   >
   *************************************************************************
   > The information in this internet E-mail is confidential and is
   intended
   > solely for the addressee. Access, copying or re-use of information in
   it
   > by anyone else is unauthorized. Any views or opinions presented are
   > solely those of the author and do not necessarily represent those of
   > Monument Derivatives or any of its affiliates. If you are not the
   > intended recipient please contact  postmaster@monumentderivatives.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.
**********************************************************************


Start Date: 1/21/02; HourAhead hour: 15;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012115.txt
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


Just give us a time.

Thanks

Louise

-----Original Message-----
From: Golden, Jeff
Sent: Friday, February 01, 2002 9:17 PM
To: Whalley, Greg
Cc: Muller, Mark S.; Taylor, Mitch; Schuler, Lance (Legal); Kitchen,
Louise
Subject: FW: Transition Services Agreement

Greg,

I'm sure mitch and I would be happy to help broker this...I'm sure its getting the right people at the table for an hour.  I'd suggest fallon, louise, lance and mary korby from weil.  Any ohers?

Jeff
--------------------------
Jeff Golden

-----Original Message-----
From: Schuler, Lance (Legal) <Lance.Schuler-Legal@ENRON.com>
To: Taylor, Mitch <Mitchell.Taylor@ENRON.com>; Golden, Jeff <Jeff.Golden@ENRON.com>
Sent: Fri Feb 01 15:06:02 2002
Subject: FW: Transition Services Agreement

I am going to need you guys to help weigh in.  Thanks.  Lance.

W. Lance Schuler
Enron North America Corp.
1400 Smith Street
Houston, Texas  77002
Phone: 713/853-5419
Fax:  281/664-4890
Email:  lance.schuler-legal@enron.com

 -----Original Message-----
From: 	Racicot, Paul
Sent:	Friday, February 01, 2002 3:04 PM
To:	Fallon, Jim
Cc:	Schuler, Lance (Legal); Sager, Elizabeth; Miller, Don (Asset Mktg); Dimichele, Rich
Subject:	Transition Services Agreement

Jim,

There is a lot of confusion over the scope and scale of services that the estate will require from UBS over the next several months.  During the negotiations over the Transistion Services Agreement, it was clearly contemplated that the estate will need UBS to schedule and purchase power as an agent of the estate.  However, most of the UBS team does not understand or expect to provide these types of services.  I know that you have coordinated with Greg Whalley but I feel it is necessary that we have a broader coordination meeting between the two organizations.  I think this meeting needs to happen at your level.

Thanks,

Paul


Can't seem to find this.

John


Toni,

We shall be meeting Rabi for lunch to discuss the offer and the details of his
job with him. Let's wait  for the outcome of this discussion.

Vince

	Enron North America Corp.

	From:  Toni Graham @ ENRON                           09/18/2000 07:43 PM

To: Grant Masson/HOU/ECT@ECT
cc: Norma Villarreal/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Rabi DE

FYI,  I do not send out a written offer package until the verbal offer issues
are resolved and a final offer is made.   So, I'd like to put the details
below in writing and send out to him  for Tuesday delivery.     I'm playing
phone tag with him regarding the other details and will follow up with him
again in the morning.

Thanks
Toni

	From:  Grant Masson @ ECT                           09/15/2000 11:24 AM

To: Toni Graham/Corp/Enron@Enron
cc: Norma Villarreal/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT

Subject: Rabi DE

Toni:

We talked to Rabi. He's sitting on the fence for some good reasons, and he
has to weigh what is fairly comfy job situation for one that starts out at a
lower level but has more potential.   WRT the GREEN, Vince verbally offered
salary of $105k plus a guarantee that his bonus at year end would be a
minimum of $15k cash.  That's in addition to the $15k sign on bonus.  Vince
said that we would not bother working up a revised offer letter unless and
until Rabi came back with a verbal ok.  He will ponder the offer; probably
for a few more days and get back with us.  He may well call you to discuss
the exact details of the benefits.  ESOP, 401(k) contributions, etc.

Regards,
Grant.


About Shopping Extrahttp://aboutextras.about.com October 23, 2001
Get a FREE Nokia 3390 As Seen Below. So You Can Talk To Who You Want
When You Want with VoiceStream Wireless
Click here for your free VoiceStream phone!http://clicks.about.com/1188/8505.htm?PM=843 VoiceStream phone package includes:
*Free Nationwide Long Distance
*Free Nationwide Digital Roaming
* 2500 Included Minutes
* Exclusive PingPong Text Messaging Service
* Great VoiceStream Rate - Available Nationwide!
Click here for your free VoiceStream phone!http://clicks.about.com/1188/8505.htm?PM=843 *Offers available to customers activating a new line of service on a
one-year contract with a featured carrier.
Please note: not all US markets are served by VoiceStream, if you are in
a non-VoiceStream area you will receive another great offer, from
another Major Wireless company. Offer may vary by market.
---------------------------- SUBSCRIPTIONS -----------------------------
Subscription Information
You are currently subscribed to the About Extras: SHOPPING newsletter as
"pmims@enron.com".
To unsubscribe, please visit:http://about.com/nl/un.htm?nl=shoppingextra&e=pmims@enron.com and click on the unsubscribe button.
About
The Human Internethttp://About.com  [IMAGE]


[IMAGE]

[IMAGE] [IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE]        Syncrasy, LLC?   713.228.8470 Off  713.228.4147 Fax   909 Texas Avenue  Suite 1314  Houston, TX 77002         www.syncrasy.com          Sales:  713.228.4407   Development Offices:  970.247.4139 Off  970.247.7951 Fax   835 Main Avenue  Suite 221  Durango, CO 81301      	  	 [IMAGE]    Complimentary version of Trader Summary  from Syncrasy, LLC and APB Energy Inc.    - If you would like to receive this product early in the morning       please call Syncrasy at 713 228 4407 for more information       or send an email to subscribe_TraderSummary@syncrasy.com     - If you would like to be added to this daily email list       please send an email to TraderSummaryemail@syncrasy.com     - If you would like to be removed from this daily email       please reply to this email with the words "CANCEL" or send an email to cancel_tradersummary@syncrasy.com       Data last updated: Thursday, Oct 18, 2001 at 09:07AM ET    Congratulations Andy Weingarten, APB Energy!  Winner of the $50,000 Winter 2000-01 AQUILA/AMS Seasonal Forecasting Competition. For more information please visit: AMS  or Aquila    Click here for a definition of 'Average-Daily Maximum Temperature'     Today: Thursday, October 18, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 58 NC ERCOT(SP) 79 NC FRCC(SE) 80 +1 MAAC(NE) 57 NC MAIN(CTR) 59 +1 MAPP(HP) 54 +2 NPCC(NE) 53 -2 SERC(SE) 67 -1 SPP(SP) 71 +3 WSCC(NW) 57 -1 WSCC(RK) 58 +3 WSCC(SW) 76 +1     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 54 52 49 53 54 64 73 74 Max 61 61 56 59 61 71 80 78 Min 48 45 43 48 47 58 65 70 Range 13 16 13 11 14 13 15 8 StD-P 3.4 4.2 3.9 2.7 4.5 3.7 4.5 2.2 Count 10 10 10 10 10 10 10 10    Andy Weingarten is unavailable for commentary today.  We look forward to his return on Friday.   Tomorrow: Friday, October 19, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 58 -1 ERCOT(SP) 77 -1 FRCC(SE) 82 NC MAAC(NE) 62 -1 MAIN(CTR) 58 NC MAPP(HP) 57 +1 NPCC(NE) 59 -1 SERC(SE) 72 NC SPP(SP) 70 NC WSCC(NW) 62 NC WSCC(RK) 62 +2 WSCC(SW) 76 NC     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 54 57 56 57 58 69 72 74 Max 61 65 61 62 66 74 79 78 Min 47 48 50 53 48 62 62 70 Range 14 17 11 9 18 12 17 8 StD-P 3.4 4.4 3.4 2.7 5.1 3.5 4.3 2.2 Count 10 10 10 10 10 10 10 10   Day 3: Saturday, October 20, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 62 NC ERCOT(SP) 81 -1 FRCC(SE) 83 NC MAAC(NE) 65 +1 MAIN(CTR) 63 NC MAPP(HP) 61 NC NPCC(NE) 59 NC SERC(SE) 76 +1 SPP(SP) 76 +1 WSCC(NW) 59 NC WSCC(RK) 63 +1 WSCC(SW) 76 NC     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 57 58 55 53 59 70 75 74 Max 63 66 60 59 66 77 81 76 Min 51 50 50 48 51 63 68 70 Range 12 16 10 11 15 14 13 6 StD-P 3.2 4.7 2.9 3.3 4.9 4.3 4.5 1.8 Count 8 8 8 8 8 8 8 8   Day 4: Sunday, October 21, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 67 +1 ERCOT(SP) 83 +1 FRCC(SE) 84 NC MAAC(NE) 66 +1 MAIN(CTR) 65 +1 MAPP(HP) 57 +1 NPCC(NE) 60 NC SERC(SE) 77 +1 SPP(SP) 76 +1 WSCC(NW) 54 -1 WSCC(RK) 58 NC WSCC(SW) 72 -1     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 57 52 57 50 55 71 76 70 Max 63 59 62 54 62 78 81 73 Min 54 46 53 46 50 66 70 66 Range 9 13 9 8 12 12 11 7 StD-P 2.3 4.2 2.7 2.4 4.2 3.3 3.8 2.4 Count 6 6 6 6 6 6 6 6   Day 5: Monday, October 22, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 66 +1 ERCOT(SP) 83 +1 FRCC(SE) 85 +1 MAAC(NE) 69 +2 MAIN(CTR) 62 +1 MAPP(HP) 54 -1 NPCC(NE) 62 +2 SERC(SE) 78 +1 SPP(SP) 74 +1 WSCC(NW) 55 -1 WSCC(RK) 57 +1 WSCC(SW) 70 -1     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 55 55 60 50 53 73 77 68 Max 60 60 64 55 60 79 81 72 Min 51 49 57 45 46 69 74 63 Range 9 11 7 10 14 10 7 9 StD-P 2.9 3.6 1.9 3.4 4.8 3.5 2.6 3.3 Count 6 6 6 6 6 6 6 6   Day 6: Tuesday, October 23, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 69 +3 ERCOT(SP) 83 +1 FRCC(SE) 85 NC MAAC(NE) 69 +1 MAIN(CTR) 65 +2 MAPP(HP) 58 +1 NPCC(NE) 60 -1 SERC(SE) 79 +1 SPP(SP) 74 +1 WSCC(NW) 54 -1 WSCC(RK) 52 -3 WSCC(SW) 71 -1     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 61 53 57 46 48 74 78 69 Max 64 57 63 54 54 80 81 72 Min 57 47 54 40 40 72 75 64 Range 7 10 9 14 14 8 6 8 StD-P 2.7 4.4 2.7 4.6 6.4 2.4 2.4 3.4 Count 5 5 5 5 5 5 5 5   Day 7: Wednesday, October 24, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 66 +2 ERCOT(SP) 79 -2 FRCC(SE) 86 +1 MAAC(NE) 69 +1 MAIN(CTR) 59 -2 MAPP(HP) 52 -4 NPCC(NE) 63 +3 SERC(SE) 76 -1 SPP(SP) 66 -5 WSCC(NW) 54 NC WSCC(RK) 49 -5 WSCC(SW) 71 -1     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 57 46 62 46 42 74 73 67 Max 61 54 65 54 56 78 78 71 Min 54 39 60 42 32 73 66 62 Range 7 15 5 12 24 5 12 9 StD-P 2.2 5.7 1.3 3.4 8.9 1.4 5.3 3.6 Count 5 5 5 5 5 5 5 5   Day 8: Thursday, October 25, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 45 NC ERCOT(SP) 62 -13 FRCC(SE) 77 NC MAAC(NE) 63 +3 MAIN(CTR) 42 -1 MAPP(HP) 39 -5 NPCC(NE) 61 +5 SERC(SE) 64 -5 SPP(SP) 49 -14 WSCC(NW) 47 +7 WSCC(RK) 40 -5 WSCC(SW) 67 +3     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 47 46 61 52 46 70 65 70 Max 54 56 62 56 55 74 74 72 Min 42 41 58 47 42 67 59 67 Range 12 15 4 9 13 7 15 5 StD-P 4.1 4.4 1.1 4.0 3.9 2.3 4.8 2.2 Count 5 5 5 5 5 5 5 5   Day 9: Friday, October 26, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 38 -11 ERCOT(SP) 61 -17 FRCC(SE) 70 -7 MAAC(NE) 44 NC MAIN(CTR) 38 -12 MAPP(HP) 36 -8 NPCC(NE) 45 NC SERC(SE) 54 -14 SPP(SP) 50 -17 WSCC(NW) 53 +13 WSCC(RK) 50 +13 WSCC(SW) 69 +4     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 42 50 49 53 53 60 64 70 Max 53 58 55 59 58 64 75 75 Min 37 44 44 46 50 57 58 68 Range 16 14 11 13 8 7 17 7 StD-P 5.5 6.1 4.6 3.3 2.8 2.4 5.6 2.1 Count 4 4 4 4 4 4 4 4   Day 10: Saturday, October 27, 2001   Syncrasy's Choice:  Delta Temp.   Volatility Matrix    [IMAGE][IMAGE]  [IMAGE][IMAGE]  [IMAGE][IMAGE]  (Click on image to enlarge)   [IMAGE]   ECAR(CTR) 36 -16 ERCOT(SP) 67 -5 FRCC(SE) 64 -12 MAAC(NE) 42 -18 MAIN(CTR) 41 -1 MAPP(HP) 50 +14 NPCC(NE) 43 -11 SERC(SE) 51 -17 SPP(SP) 64 +13 WSCC(NW) 46 -5 WSCC(RK) 54 +11 WSCC(SW) 67 -3     Range Standard Deviation [IMAGE] [IMAGE]   Reg CT HP NE NW RK SE SP SW Mean 39 49 42 47 46 55 61 60 Max 41 56 44 49 55 62 67 67 Min 36 37 42 45 35 51 53 51 Range 5 19 2 4 20 11 14 16 StD-P 2.1 7.3 0.6 1.2 9.2 3.5 6.2 7.0 Count 4 4 4 4 4 4 4 4    Trader Summary is designed around and formatted for the  [IMAGE]Plasma displays, RainbowWall? and DataWall?   Trader Summary can also be viewed from www.syncrasy.com  or     www.apbenergy.com  or  www.truequote.com     [IMAGE]


I think wholesale will be well covered.

	Enron Capital & Trade Resources Corp.

	From:  Sherri Sera                           04/26/2001 02:51 PM

To: Steven J Kean/NA/Enron@Enron
cc:

Subject: RE: Next Corporate Policy Committee Offsite

How much of an issue is this?  So far, Mark is the only one that has
responded with a conflict.  Please advise.  Thanks, SRS
---------------------- Forwarded by Sherri Sera/Corp/Enron on 04/26/2001
02:52 PM ---------------------------
From: Nicki Daw/ENRON@enronXgate on 04/26/2001 02:41 PM
To: Sherri Sera/Corp/Enron@ENRON
cc:

Subject: RE: Next Corporate Policy Committee Offsite

Mark will be in Sydney, Australia at this time.

FYI, he leaves for a loooong trip on May 12th and will not be back in the
office until May 24th, and even then only for 1 day.  He'll be back in the
office properly on June 5th (I know this is much more info than you need, but
it might be useful!)

Nicki

 -----Original Message-----
From:  Sera, Sherri
Sent: Thursday, April 26, 2001 14:29
To: Lay, Kenneth; Baxter, Cliff; Causey, Richard; Derrick Jr., James; Andrew
S Fastow/HOU/ECT@ENRON; Kean, Steven; Frevert, Mark; Whalley, Greg; Delainey,
David; Sherriff, John; Pai, Lou; Hannon, Kevin; Rice, Ken; Horton, Stan
Cc: Fleming, Rosalee; Skarness, Susan; Westbrook, Sharron; Harris, Stephanie
J; Bridget Maronge/HOU/ECT@ENRON; McVicker, Maureen; Daw, Nicki; Taylor, Liz;
Chapman, Kay; Urquhart, Lauren; Owens, Karen; Brown, Carol Ann; Dalton,
Dorothy; Stark, Cindy; Williamson, Joannie; Sera, Sherri
Subject: Next Corporate Policy Committee Offsite

The next corporate policy committee offsite is scheduled to take place on
Monday, May 21, frm 8:30 a.m. to 1:00 p.m., location to be determined.
Please mark your calendars and let me know immediately if you have a conflict
with this date and time.  Thanks, SRS


My depo just got canned. I'll e-mail again when I'm coming down there and
hopefully grab lunch. Come visit your brother some weekend when Miller's
band is playing. Your children need to see your ancestral roots.

John

-----Original Message-----
From: Richard.B.Sanders@enron.com [mailto:Richard.B.Sanders@enron.com]
Sent: Tuesday, September 19, 2000 10:24 AM
To: John Scott
Subject: Re: Lunch on Wednesday

Yes. Let me know where and when

                    John Scott

                    <JScott@SusmanGo        To:
"'Richard.B.Sanders@enron.com'" <Richard.B.Sanders@enron.com>
                    dfrey.com>              cc:

                                            Subject:     Lunch on Wednesday

                    09/18/2000 06:29

                    PM

I have a depo on Weds. in the lovely Bayou City. Are you available for
lunch? I'll call Yardbird and Jones.

John.


Hey sugar, how are you doing?  I think I will be able to get home around 1-1:30.  Is that okay?

Also, there are a few UBS people flying in tonite that I have been asked to go to dinner with them.  It should be an early dinner, probably around 6:30.  Is that okay?  Mike, Dutch and I have been asked to go to dinner with them.

Call me when you get a chance.  Love and miss you very much.

The Pigs


RED-NECK VALENTINE'S LOVE POEM

Collards is green
my dog's name is Blue
and I'm so lucky
to have a sweet thang like you.

Yore hair is like cornsilk
a-flapping in the breeze
Softer than  OLD Blue's
and without all them fleas.

You move like the bass,
which excite me in May.
You ain't got no scales
but I luv you anyway.

Yo're as satisfy'n as okry
jist a-fry'n in the pan.
Yo're as fragrant as "snuff"
right out of the can.

You have som'a yore teeth,
for which I am proud;
I hold my head high
when we're in a crowd.

On special occasions,
when you shave under yore arms,
well, I'm in hawg heaven,
and awed by yore charms.

Still them fellers at work,
they all want to know,
what I did to deserve
such a purdy, young doe.

Like a good roll of duct tape
yo're there fer yore man,
to patch up life's troubles
and fix what you can.

Yo're as cute as a junebug
a-buzzin' overhead.
You ain't mean like those far ants
I found in my bed.

Cut from the best cloth
like a plaid flannel shirt,
you spark up my life
more than a fresh load of dirt.

When you hold me real tight
like a padded gunrack,
my life is complete;
Ain't nuttin' I lack.

Yore complexion, it's perfection,
like the best vinyl sidin'.
despite all the years,
yore age, it keeps hidin'.

Me 'n' you's  we go together
 just like a Moon Pie
with a RC cold drank,

yep, we go together
like a skunk goes with stank.

Some men, they buy chocolate
for Valentine's Day;
They git it at Wal-Mart,
it's romantic that way.

Some men git roses
on that special day
from the cooler at Kroger.
"That's impressive," I say.

Some men buy fine diamonds
from a flea market booth.
"Diamonds are forever,"
they explain, suave and couth.

But for this man, honey,
these won't do.

Cause yo're too special,
you sweet thang you.

I got you a gift,
without taste nor odor,
more useful than diamonds...

IT'S A NEW TROLLIN' MOTOR!!

l shore due luv you darling,

AINT LOVE GRAND!!!!.....

BUBBA


I'm in Buenos Aires today and talked to Andrea about her computer.  While
they are having big problems with her laptop (it likes to eat hard drives)
she will be able to bring it along (it's a Compaq Armada 1500C - will that
fit in the docking station?).  In case it isn't working, can we get her set
up with one of the Windows 2000 machines that are being installed Tuesday
morning?

Mark

Joya Davis
04/28/2000 09:46 AM
To: Taffy Milligan/HOU/ECT@ECT
cc: Chaundra Woods/HOU/ECT, Mark Taylor/HOU/ECT@ECT, Becky Tlucek/HOU/ECT
Subject: Re: Andrea Calo - Visitation

She can use EB3891 and the extension for that office is 5-7780.   For the
next 2 weeks.  Please advise her to bring her own laptop.  There is an
"empty" docking station available in EB3891 for her use.

Joya'

Taffy Milligan
04/28/2000 09:32 AM
To: Joya Davis/HOU/ECT@ECT, Chaundra Woods/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, Becky Tlucek/HOU/ECT@ECT
Subject: Andrea Calo - Visitation

Good morning, girls.

Did you know that Andrea Calo, attorney from the Argentina office, is coming
to the Houston office on Monday morning , May 1, for a two week stay?

At Mark Taylor's request, please arrange an office, computer, and phones for
her.  I will reserve an temporary ID for her through security.  Regarding her
computer, she will let me know later this a.m. if she will be traveling with
her lap top.

Please let me know if you need any additional information.  Sorry for the
short notice, I just found out.

Thank you,
Taffy


1.  The NYSEG gas was purchased for an nominated by CES (Heidi Boyd).
Attached are the calculations I did and sent to Belden & Blake for them to
invoice ENA for.  This needs to be paid.

2.  The NFGD Pa volumes were purchased for and nominated by CES (Heidi
Boyd).  In Feb BBC did not have volumes behind NFGD PA to give us, instead
they bave us gas on  NFG Supply (3,000 Dth) .  Please pay.

3.  The January Midwestern invoice submitted by BBC should be paid.  ENA did
not nominate the gas fro part of January, however we still owe for it.
Please pay

John

Wade R Price@ECT
07/12/2000 01:36 PM
To: John M Singer/Corp/Enron@ENRON, Chris Germany/HOU/ECT@ECT
cc: Nelson Ferries/Corp/Enron@ENRON, Mary Theresa Franklin/HOU/ECT@ECT,
Mechelle Stevens/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT

Subject: Re: Belden & Blake Invoices

John and Chris - Please see the following spreadsheet (sheet "Per
Sitara-Unify WRP) updated for Belden & Blake invoices for January through
April production.  Addidtional payments were sent out on 6/28 and are
listed.   I also ran a deal listing from Sitara for Belden & Blake and  CES -
Belden & Blake and found no other deals other than those listed.  Note that
there are no deals for several if the NYSEG and  NFGD PA for January,
February and March  (noted by
ND-no deal).  I have no other documentation to verify and pay these
invoices.  Everything out there on Unify has been paid.

Chris - Please provide some deals and volumes for these that are missing.
Also, please look at and adjust the items that are short paid (S).

Please let me know when these are completed so I can get them paid.

Thanks  WRP


As you know, the Frontera status screen goes away at night,  as the flat screens are taken down.     You can find the same screen on the East Power Portal under Frontera Production Summary.

Save the attached  link if you dont have already.

http://eastpower.dev.corp.enron.com/portal/default.aspx

JMF


-----Original Message-----
From: 	CustomerNotices, WGPHOU [mailto:WGPHOU.CustomerNotices@Williams.com]
Sent:	Monday, January 28, 2002 3:12 PM
Subject:	January 2002 Cash Out Indices

January 28, 2002

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cash Out Indices - January 2002

    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                2.2975        2.2300     2.4700
  Zone 2                2.3069        2.1650     2.5075
  Zone 3                2.3163        2.0850     2.5450
  Zone 4                2.3292        2.0969     2.5589
  Zone 5                2.3864        2.1496     2.6206
  Zone 6                2.4327        2.1923     2.6705

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                2.2975        2.2300     2.4700
  Zone 2                2.3069        2.1650     2.5075
  Zone 3                2.3163        2.0850     2.5450
  Zone 4                2.3699        2.1376     2.5996
  Zone 5                2.5721        2.3353     2.8063
  Zone 6                2.7269        2.4865     2.9647

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                2.2975        2.2300     2.4700
  Zone 2                2.3069        2.1650     2.5075
  Zone 3                2.3163        2.0850     2.5450
  Zone 4                2.3970        2.1647     2.6267
  Zone 5                2.6959        2.4591     2.9301

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  2.3225        2.0900     2.5500

For information concerning cash out transactions, please contact
Jane Yang at (713)215-3462.

Stella Yu
Manager - Rate Systems
(713)215-3381


Thanks for the info. Marie Moretti and I have new e-mail addresses. They
are:  mmoretti@mccabeandcompany.net and smccabe@mccabeandcompany.net    Our
new office address is 1215 K Street, Suite 2005, Sacramento, CA  95814
Phone number: (916) 552-2666.

-----Original Message-----
From: Julee Malinowski-Ball [mailto:jmball@ns.net]
Sent: Monday, January 08, 2001 3:02 PM
To: kent Palmerton; Bill Carlson; Bill Woods; Bob Ellery; Bob Escalante;
Carolyn Baker; Curtis Kebler; David Keane; David Parquet; Dean Gosselin;
Duane Nelson; Ed Tomeo; Frank DeRosa; Greg Blue; Hap Boyd; Jack Pigott;
Jeff Dasovich; Jim Willey; Joe Greco; Joe Ronan; John Stout; Jonathan
Weisgall; Kassandra Gough; Ken Hoffman; Kent Fickett; Lynn Lednicky;
Marty McFadden; Nam Nguyen; Paula Soos; Richard Hyde; Robert Lamkin;
Roger Pelote; Stephanie Newell; Steve Ponder; Steven Kelley; Sue Mara;
Tandy McMannes; Tony Wetzel; Trond Aschehoug; William Hall
Cc: Susan McCabe; Scott Govenar; Ron Tom; Robert Ross; Phil Isenberg;
Mike Monagan; Maureen OHaren; Marie Moretti; Kassandra Gough; Jenn
Paulsen; Jamie Parker; Hedy Govenar; DJ Smith; Delany Hunter; Cary
Rudman; Bev Hansen; Anne Kelly; Chuck Cole
Subject: Special Energy Committee Formed

Asm. Speaker Bob Hertzberg announced today the formation of a special
committee that will "hold public hearings across the state, shape
legislation and probe financial practices among utility generators."

"The committee will work with the staff of the Speaker's Office of Oversight
to determine how utility companies have spent the money they received for
their stranded costs, and what generators have done with their dramatic
influx of cash."

The members of the Assembly Committee on Energy Costs and Availability are:
Rod Wright - D - Chair
Anthony Pescetti - R - Vice-chair
Fred Keeley - D
Darrell Steinberg - D
Juan Vargas - D
Jenny Oropeza - D
Manny Diaz - D
Charlene Zettle - R
Keith Richman - R
Dick Dickerson - R
Joe Canciamilla - D
John Dutra - D
Hannah-Beth Jackson - D
Carole Migden - D
Sarah Reyes - D
Bill Leonard - R
John Campbell - R
Mike Briggs - R

(11-D, 7-R)

Julee Malinowski-Ball
Senior Associate
Edson + Modsette
916-552-7070
FAX-552-7075
jmball@ns.net


Paul,

Thanks for the update.  I'm glad that he is off the activity diet and allowed the wheels both big and small.  I'm glad your trip to the big city doc was a pleasant one.  Pediatric docs are truly a special breed.

Thanks,
Kim.

-----Original Message-----
From: PaulJudy82@cs.com [mailto:PaulJudy82@cs.com]
Sent: Tuesday, October 16, 2001 9:56 PM
To: johnpaul@tstar.net; meehan@ite.net; jwatson@bigfoot.com; dennis_dye@hotmail.com; janell_dye@hotmail.com; Watson, Kimberly
Subject: Power's fine for now

We saw the Pediatric Orthopedist today.  First I must say it was one of the most smoothly run Dr. visits I've been on.  We had an appointment at 1:30 and low and behold we were talking to the Dr. at 1:30!  The Dr. was also very nice.  He answer our questions without being arrogant and he spoke in plain English.

Basically he said the modern theory was that half of the cases went away on their own, so we have an appointment in 3 months to check on Power  establish a trend line.  In the mean time he's free to do what he wants to but allowed to sit out if his hip bothers him, i.e.  self limiting kind of like my top speed on a bike.  If at 3 months its getting better, we continue the agressive treatment by visiting every 3 months.  If it is not getting better then we look at something more intrusive.  He explained the crutches and braces that used to be the normal treatment were more to slow the boys down than anything else and recent studies had not proven them that effective.  Power is also allowed to take some Motrin or other over the counter pain medication if he wants.

The Dr. discouraged anything like cross country running, but emphasized keeping the joint exercised was good, so no couch potato.  The Dr. okayed the wheels so bike and skates are back on the menu.  Judy is going to sign him up for the Wednesday swim in the indoor pool at the park in Katy.

Further updates next January


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/24/2000
05:10 PM ---------------------------

Joel Hanley <eprmconf@asiarisk.com.hk> on 02/09/2000 02:10:01 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Australian Energy 2000

Dear Vince,

I hope you are well and that things round at Enron aren't too hectic. It is
my pleasure to invite you to speak at Energy & Power Risk Management
Magazine Conferences' new event, Australian Energy 2000, addressing the
second Industry Briefing - "Learning from US experience: Lessons to be
learned from the restructuring North American markets". I appreciate that
you are speaking a lot for us at the moment (for which I am of course
grateful) but, when researching, yours was a name that came up repeatedly
as someone the market would like to hear from. I am hoping that perhaps you
might need to see Paul Quilkey at some point in July and that we can
provide you with another reason to cross the globe.

Rather like the industry briefing that you are giving at Power 2000 this
year in Houston, this address will be presented to the entire conference
before breaking into their streams.

Australian Energy 2000 will take a focused look at the latest problems
facing energy players, with the two in-depth streams I mentioned above: one
dedicated to energy pricing and trading and the other looking at risk
management and the latest business issues.

This conference will be of the highly technical level that people have come
to expect from EPRM events, and I am very keen to encourage participation
from speakers in modifying the programme to suit the audience and issues at
hand. If you have any suggestions or comments on the programme, please let
me know; any help would be gratefully received.

This event will be thoroughly marketed through both Energy & Power Risk
Management Magazine and our extensive database. It is my aim to attract the
leading market players by providing a first-class programme with top-rated
speakers, making this a highly worthwhile event for the energy industry.

I have attached a copy of the programme for your information.

Unfortunately my schedule for this event is very tight. Please let me know
if you would like to participate by reurn email as it is unlikely that we
can speak on the phone as I am currently based in Hong Kong. If you would
like to send a colleague, then I would be happy to discuss this but it
would be great if you could complete the EPRM grand slam by addressing our
three major annual events on three different continents!

I look forward to hearing from you soon.

Yours sincerely,

Joel Hanley
Producer, EPRM Conferences & Courses

 - AustralianEnergy2000.doc

__________________
EPRM Conferences
Risk Publications
Hong Kong
Tel: 852 2545 2710
Fax: 852 2545 7317
www.riskpublications.com


Do you know what day it is?

I do . . . .it's the Legal Department Happy Hour TONIGHT, beginning at 5:00pm
at Ninfa's One Allen Center.  BE THERE OR BE SQUARE!!!!  See ya'll there.


Attached you will find the summary on the Dec. 2 Task Force meeting,
Sub-Committe Re-Assignments, Meeting Schedule for 2000 and a Member Contact
List from Beth Tilney.


Quien es mas macho?

From: Carlos Sole on 05/29/2001 01:30 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: FW: Midway Project - Generic Interconnect Agreement

You'll also be even more proud to know the outcome of the following text that
I sent to one of my Mexico clients -- "Matthew, with all due respect, clients
will be doing business with Enron as it is indentified in the introductory
paragraph and the signature block.  Indeed, as a side note, most of  the
documents that I have drafted or reviewed always use some form of acronym for
subsequent references to Enron.  I am indifferent, but I know that the reason
our accounting brethen made that comment, as well as the other comments they
often make that seem counter-intuitive, is that it facilitates their efforts
in ensuring that documents reflect off-balance sheet, soft costs related
rather than on-balance sheet, hard costs.  As such, I would defer to them on
this issue"  which was in response to "Carlos, with all due respect to our
Accounting brethren, from a commercial point of view, potential clients don't
want to do business with EDM, they want to do business with Enron.  So,
please switch the EDM thing back to Enron and everything will be fine."
Anyway, I think Herman must have forwarded  copy of those emails to Lisa who
shared it with Joe Deffner and I happened to run into them outside just now
and they were both congratulating me for my "toughness".

By separate email, I'll forward you a redlined form of interconnect agreement
that we can subsequently discuss.

	Kay Mann
	05/29/2001 11:54 AM

		 To: Carlos Sole/NA/Enron@Enron
		 cc:
		 Subject: FW: Midway Project - Generic Interconnect Agreement

Could you email me the list of issues you have encountered thus far.  Ben
really wants me to check with you. (I'm so proud!!)

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/29/2001 11:53
AM ---------------------------
From: Ben Jacoby/ENRON@enronXgate on 05/29/2001 10:42 AM
To: Fred Mitro/ENRON@enronXgate, Kay Mann/Corp/Enron@Enron
cc:

Subject: FW: Midway Project - Generic Interconnect Agreement

Fred / Kay:

I spoke to Duran this morning, and he and I would like to meet together with
us to discuss the Midway project and whether or not we will be able to
utilize TurboPark Phase 2. I previously told him that because of timing
considerations and because there may be certain agreements that will be
difficult to make TurboPark compliant (such as the attached interconnect
agreement from FPL), that Phase 2 may not be practical for purposes of this
project.

I think this would be a good discussion to have on Friday, because we should
have more information on the GE7FAs and should have already spoken with TECO
on their proposed MOU (and maybe even the tolling agreement). What are your
schedules on Friday?

I also would like to schedule a call for tomorrow with TECO to go over the
MOU. Fred - Please coordinate with Kay and schedule something with Becky
Alex. I would prefer the afternoon if that's OK with you guys, and would like
45 min. before the call for us to meet seperately. Also Fred, please advise
on the status of the tolling agreement.

Kay - attached is FPL's standard form interconnect agreement. I was thinking
that Carlos would be a good choice to review it as he is currently working
with accounting / finance on an Ameren interconnect, so he will already be
familiar with the likely issues. Please let me know what you think. It will
be important to give Duran a summary of likely accounting / finance issues
related to this agreement on Friday.

Hope you both had good weekends.

Regards,

Ben
-----Original Message-----
From: Greg Krause
Sent: Mon 5/21/2001 9:00 PM
To: Christi L Nicolay
Cc: Ben Jacoby
Subject: Midway Project - Generic Interconnect Agreement

Please see attached for your review and comments.

 <<FPL Construction & Connection Agreement Generic.doc>>


We agree to pay a premium of $5 per MWH for power purchased by EPMI to cover
EES's load during March. We will revisit this arrangement during the second
half of March when it becomes clear what our on going load will be in
Southern California.

Thank you all again for your help over the last month !

NFB


Chris:

Do you need the notice information in the agreements or will a listing of the chief executive offices for each work?  I have a listing of the BP Amoco entities and the addresses of their chief executive offices and I can also send Reliant's as set forth in the Master Netting Agreements.

Marie

 -----Original Message-----
From: 	Gaffney, Chris
Sent:	Thursday, November 15, 2001 2:34 PM
To:	Heard, Marie; Jones, Tana
Subject:	Master Netting Agreements - Canadian Security Registrations

Marie/Tana - would you be able to help me out again on the looking up the agreements that we have with the following entities.  Also to the extent that we have agreements please provide me with the address from the notice provision.

Reliant Energy Services, Inc. (also formerly known as Noram Energy Services, Inc. and Noram Energy Corp.)

BP Corporation North America Inc.
BP Energy Company
Vastar Resources, Inc.
BP Canada Energy Marketing Corp.
Cibola Energy Services Corporation
IGI Resources, Inc.
BP Oil Supply Company
BP Products North America Inc.
BP North American Petroleum (a division of BP Products North America Inc.)
BP Amoco Chemical Company
BP Chemicals Inc.
Atlantic Richfield Company
Amoco Production Company

I you could get back to me sometime in the next few of days I would appreciate it.

Thanks,
Chris