Davis' rhetoric is really bad.
----- Forwarded by Susan J Mara/NA/Enron on 11/02/2000 02:39 PM -----

	Susan J Mara
	11/02/2000 02:37 PM

		 To: James D Steffes/NA/Enron, Mary Hain/HOU/ECT, Tim Belden/HOU/ECT, Robert
Badeer/HOU/ECT, Jeff Dasovich/NA/Enron, Mona L Petrochko/NA/Enron, mcubbin,
Joe Hartsoe/Corp/Enron
		 cc:
		 Subject: FW: Davis Press Release on FERB Report

From Independent Energy Producers
----- Forwarded by Susan J Mara/NA/Enron on 11/02/2000 02:35 PM -----

	"Katie Kaplan" <kaplan@iepa.com>
	11/02/2000 02:18 PM
	Please respond to kaplan

		 To: "Dave Parquet" <dparque@ect.enron.com>, "Eileen Koch"
<eileenk@calpine.com>, "Frank DeRosa" <frank.derosa@gen.pge.com>, "Jim
Willey" <elliottsa@earthlink.net>, "Kent Fickett" <kfickett@usgen.com>,
"Randy Hickok" <rjhickok@duke-energy.com>, "Rob Lamkin"
<rllamkin@seiworldwide.com>, "Scott Noll" <snoll@thermoecotek.com>, "Eric
Eisenman" <eric.eisenman@neg.pge.com>, "Bill Carlson" <wcarlson@wm.com>,
"Bill Woods" <billw@calpine.com>, "Cody Carter" <cody.carter@williams.com>,
"Curt Hatton" <curt.hatton@gen.pge.com>, "Dean Gosselin"
<dean_gosselin@fpl.com>, "Doug Levitt" <SDL@calwind.com>, "Frank Misseldine"
<fmisseldine@caithnessenergy.com>, "Hap Boyd" <rboyd@enron.com>, "Jeff
Dasovich" <jdasovic@enron.com>, "Joe Greco" <joe.greco@uaecorp.com>, "Ken
Hoffman" <khoffman@caithnessenergy.com>, "Marty McFadden"
<marty_mcfadden@ogden-energy.com>, "Nam Nguyen" <nam.nguyen@powersrc.com>,
"Paula Soos" <paula_soos@ogden-energy.com>, "Pete Levitt" <Pete@calwind.com>,
"Robert Frees" <freesrj@apci.com>, "Steve Iliff" <siliff@riobravo-gm.com>,
"Steve Ponder" <steve_ponder@fpl.com>, "Ted Cortopassi"
<TCortopassi@ogden-energy.com>, "Tom Heller" <hellertj@apci.com>, "Tony
Wetzel" <twetzel@thermoecotek.com>, "Ward Scobee"
<wscobee@caithnessenergy.com>, "Steven Kelly" <steven@iepa.com>, "Kristin
Vellandi" <kvellandi@pstrategies.com>, "Tom Ross" <tross@mcnallytemple.com>,
"Kassandra Gough" <kgough@calpine.com>, "B Brown Andy"
<andybrwn@earthlink.net>, "Bill Carlson"
<william_carlson@wastemanagement.com>, "Bob Ellery" <bellery@spi-ind.com>,
"Bob Escalante" <rescalante@riobravo-gm.com>, "C Williams Thomas"
<tcwillia@duke-energy.com>, "Carolyn A Baker" <cabaker@duke-energy.com>,
"Colleen Holm" <colleen.holm@neg.pge.com>, "Curtis Kebler"
<curtis_l_kebler@reliantenergy.com>, "Dennis Price" <priced@epenergy.com>,
"DJ Smith" <djsmith@smithandkempton.com>, "Douglas Kerner"
<dkk@eslawfirm.com>, "Duane Nelsen" <dnelsen@gwfpower.com>, "Ed Tomeo"
<ed.tomeo@uaecorp.com>, "Frazier Baylock" <Frayblay@aol.com>, "Greg Blue"
<gtbl@dynegy.com>, "Jack Pigott" <jackp@calpine.com>, "Jan Smutny-Jones
(E-mail)" <smutny@iepa.com>, "Joe Ronan" <joer@calpine.com>, "John Stout"
<John_H_Stout@reliantenergy.com>, "Jonathan Weisgall" <jweisgall@aol.com>,
"Julee Malinowski-Ball" <jmball@ns.net>, "Julia Wright"
<jwright@smithandkempton.com>, "Karen Edson" <kedson@ns.net>, "Lynn Lednicky"
<lale@dynegy.com>, "Mark Smith" <Mark_J_Smith@fpl.com>, "Marty Wilson"
<mwilson@pstrategies.com>, "McNally Ray" <rmcnally@mcnallytemple.com>,
"Norton Kelli" <knorton@mcnallytemple.com>, "Roger Pelote"
<roger.pelote@williams.com>, "Ron Tom" <Rtom@govadv.com>, "Russo Tony"
<trusso@mcnallytemple.com>, "Stephanie-Newell"
<stephanie-newell@reliantenergy.com>, "Sue Mara" <smara@enron.com>, "W. Hyde
Richard" <RWHYDE@duke-energy.com>, <abb@eslawfirm.com>, "Bob Weisenmiller"
<rbw@mrwassoc.com>
		 cc:
		 Subject: FW: Davis Press Release on FERB Report

GOVERNOR DAVIS COMMENTS ON FEDERAL ENERGY REGULATORY COMMISSION'S REPORT

The following is a transcript of Governor Gray Davis' remarks on the Federal
Energy Regulatory Commission's (FERC) report:

"My goal is to keep the lights on and to keep the price of electricity
affordable. That is more of a challenge than you might imagine in this
complicated deregulated world we find ourselves in. I believe we are making
a good start.

"Last year I was able to sign legislation that basically stabilized rates in
San Diego, and I supported hundreds of millions of dollars for renewable
power resources, like the photovotaic program you see behind us, to support
financially and also encourage voluntary support for conservation programs
up and down the state to reduce California's use of electricity by 10% when
we had a Stage Two alert and to encourage demand management programs by a
number of industries, including the technology and grocery industry that
reduce the demand on any given day.

"Having said all that, this market is dysfunctional. It is a very difficult
environment for deregulation to work. And I repeat again, deregulation can
work but only if all parties act responsibly and if the market is
competitive, which it is not.

"I was pleased to see that Secretary Richardson agrees with me that this
market is dysfunctional and I am also somewhat pleased by the initial
reports of the action that FERC took today. It is a mixed blessing. They do
recognize that we are operating in a dysfunctional market and they do agree
that the rates are not just or reasonable. However, they did not, as I
encouraged, order rebates to the consumers and businesses in San Diego who
were literally gouged and for the profiteering and market manipulation that
San Diego had to suffer through.

"FERC also decided to abolish the stakeholder boards at the ISO-independent
service operator, and the power exchange. FERC agrees with me that they are
self-serving and either contributed to or participated directly in market
manipulation. However, it is unclear what will replace those boards. The
good news is that they agree with our premise that the market is
dysfunctional, rates are unreasonable and unjust. The bad news is there is
no immediate remedy for ratepayers here in California.

"I believe the marketplace generally makes good decisions but I am not going
to be a prisoner of ideology. I do not want some knee jerk reactions to
drive our economy or our consumers to their knees. I have seen time and
again the most right wing conservatives in San Diego that say, 'please give
us money to bail us out from the increased prices that have descended upon
us.' So as I have long understood, economics drives politics and at the
moment we are shipping about $6 billion more out of this state for
electricity than we paid about 12 months ago. That has got to stop.

Question inaudible.

"It appears that the FERC said they are going to restructure it and this
again suggestes the complexity that we have to deal with. Once the state
deregulated distribution from power generation in 1996, the PUC basically
surrendered most of its control over the purchase and acquisition of
electricity for California and that control reverted to the Federal Energy
Regulatory Commission. As I read the initial reports from the FERC decision
today, they are saying the ISO and the power exchange are dominated by stake
holder members and they think that is ill advised, as do I. There will be
new boards established and we will tell you how they are established. So it
is unclear whether we have the authority to, independent of the FERC to
establish our own ISO and power exchange. My initial reading of the press
reports suggest that we may not. That is something that has to be cleared up
over the next several days.

Question inaudible.

"We have had a series of meetings over the past two months with all kinds of
stakeholders from turn to utilities to generators, other consumer groups
from San Diego and we are trying to forge a consensus which will indicate
the path that we will take. I am not at the point where I can tell you what
that consensus is. But we are making progress.

Question inaudible.

"That we are going to fight for consumers, that they should not bear the
full brunt of this experiment in deregulation. At best it was premature and
the market place was not prepared. The marketplace is dysfunctional, it is
not competitive. There is a far greater demand for electricity than we can
generate in this state. I want them to know that we are working night and
day to find a solution that will ensure that they are not the guinea pigs
for this ill-conceived scheme.

"I am pleased that FERC has recognized that the marketplace is
dysfunctional, recognized that rates are unjust and unreasonable. I am not
pleased that they have not offered any solutions. It looks like we are going
to have to wait until November 9th at the hearing in front of FERC at which
their full plan will be unveiled and there will be a chance to comment,
critique and modify and then thirty days after that the plan will be adopted
in full or in part. This is a very important meeting in which our
administration will be fully represented and I hope to be able to inform the
consumers of this state more fully at the conclusion of that meeting if not
before.

"I believe refunds are due and necessary. FERC and the Secretary of Energy
have concurred with my assessment that these rates are not just and
reasonable and I believe that FERC has the power to order refunds. It is
unclear whether they believe they have the power to do it or not. Congress
could settle

the question by simply passing legislation to ensure that. Over the long
haul, by that I mean 5 to 10 to 15 years, I believe deregulation can work
but only if we have a competitive marketplace and if all parties act
responsibly. As I told everyone involved in this process, some people may
win the battle but lose the war if they insist on gouging every consumer and
citizen of this state. The people of California will stand up; they will
rise up and take matters into their own hands. The problem with deregulation
lowering rates, is that we have not seen them and frankly none are on the
immediate horizon.

Question inaudible.

"Let me just say two things. I think there is plenty of blame to go around
but there is no question that the generators who happen to be out-of-state
companies are charging us 600 to 700% more for the very same electricity
that we purchased last year. You cannot add value to an electron. An
electron is an electron. They are simply taking advantage of an ill-advised
scheme envisioned in the 1996 act to charge what the market will bear. I am
standing up and saying no more. We are not going to take this lying down. We
are fighting back. The difficulty is that we do not have the power that we
used to have. The state surrendered a lot of that power when Governor Wilson
signed the deregulation bill. Actually carried by Jim Brulte and co authored
by Steve Peace, they were the two driving forces as they will be happy, well
maybe not so happy, to acknowledge. It may have seemed like a good idea in
1996 but I did not participate in that debate and I don't have a comment on
whether it was a good idea then. But clearly in the year 2000 it is not a
good idea. Again our problem is we can describe the problem and we have some
limited authority over the power the utilities have not yet sold off to the
generators which is about 35-40% of their facilities that they used to own
and we do not have control over the facilities they have sold off to the out
of state generators that purchased them. FERC has control over them and it
is unclear whether we even have control to establish our own ISO and our own
power exchange and if we did I would have them reconstituted. There is no
question about that. They are too self serving too inbred and too incestuous
and do not represent consumer interests. Plus you cannot hold anyone
accountable there is no one public official on any one of those boards. You
cannot hold anyone accountable and they determine largely what the price of
electricity is and how any shortages are allocated throughout the state. So
these are serious responsibilities given to these stakeholder boards and no
public official participates on those boards.

Question inaudible.

"You are more right than wrong. As the chief executive of this state I am
going to advocate what I believe is in the best interests of our consumers
and businesses. Electricity is the lifeblood of our economy. Without water
and electricity, consumers and businesses are just simply out of luck.
Whether or not this deregulatory scheme in 1996 made sense then is a
question not worth debating today. But it does not make sense today.
Unfortunately that plan adopted by our legislature and governor Wilson in
1996 surrendered control over generating facilities that the PUC used to
monitor and supervise. So it is unclear how much power is left to the state.
FERC seems to be suggesting

today, not much. Obviously as governor of this state I want to assert as
much authority as I possibly can because I know I will be held accountable
and obviously I would like the authority to go along with the responsibility
that is laid at my doorstep.

"I have one goal in mind: to do our level best to make sure that our lights
stay on and our economy has the benefit of the electricity it needs and the
prices are reasonable. What path we take to that matters less to me than
that we get to that result. Because that is the result that is necessary to
allow consumers to go about their lives and business to function and make a
profit and hire more people and to sustain our economic growth which in turn
provides the resources that allow us to finance the schools and protect the
environment and provide healthcare. Without electricity there is no economic
growth, without economic growth we do not have the resources to do justice
to our public obligations. Thank you for coming out here today.

# # #

Julee Malinowski-Ball
Legislative Analyst/Associate
CalETC/Edson+Modisette
916-552-707
Fax- 552-7075
CalETC@ix.netcom.com or jmball@ns.net


Good story on retail -- as a direct result of ARM's hiring of Edelman.  Some
good Lay and Robert Michaels' quotes.
----- Forwarded by Susan J Mara/NA/Enron on 02/07/2001 10:42 PM -----

	"Counihan, Rick" <rick.counihan@greenmountain.com>
	02/07/2001 01:09 PM

		 To: "'Allen, Stevan'" <stevan.allen@edelman.com>, "Counihan, Rick"
<rick.counihan@greenmountain.com>, "Aaron Thomas (E-mail)"
<athomas@newenergy.com>, "'ARM List Serve'" <Arm@phaser.com>
		 cc: "Warner, Jami" <jami.warner@edelman.com>, "Beiser, Megan"
<Megan.Beiser@edelman.com>, "Fairchild, Tracy" <tracy.fairchild@edelman.com>
		 Subject: RE: LA Times story

This story is fantastic!!  It is the best single piece I have seen on the
retail market in California and it is in the newspaper of record.  I think
we should make copies and hand them out in our press packets and all
meetings we have.  I think this is a concrete example of a payoff from
working with Edelman.

-----Original Message-----
From: Allen, Stevan [mailto:stevan.allen@edelman.com]
Sent: Wednesday, February 07, 2001 9:31 AM
To: 'Rick. Counihan (E-mail); Aaron Thomas (E-mail)
Cc: Warner, Jami; Beiser, Megan; Fairchild, Tracy
Subject: LA Times story

http://www.latimes.com/business/reports/power/lat_retail010207.htm

This piece ran front page of this morning's LA Times. It refers to provision
of AB1X we are concerned about. Also, Enron gets a lot of attention. I will
have this forwarded to the entire team later this morning. Thanks.

Stevan

PS - Bryson is having a news conference this morning in Sac. Will keep you
posted.

Deregulation Didn't Foster Competition

By NICHOLAS RICCARDI and STEVE BERRY, Times Staff Writers

The way people scrambled for a stake in California's power market three
years ago, you'd have thought it was the second coming of the Gold Rush.
Politicians and free marketers boasted that they were freeing millions of
customers from their monopolistic utilities so they could shop for cheaper
electricity. The state ordered an $87-million publicity campaign, promising
a brave new energy world bustling with competition.
But those dreams of capitalism unleashed never materialized, dashed by
provisions in the 1996 deregulation law that effectively undermined
competition and gave the utilities a substantial edge over newcomers. In the
end, only 1.7% of the utilities' residential users switched to other
providers, many opting to pay more for "green" energy.
Although the chaos swirling around California's electricity crisis has
chiefly focused on soaring wholesale prices, the virtual absence of
competition at the consumer level has played a key role in deregulation's
undoing.
Had competition among retailers flourished, garnering the millions of
customers deregulators expected, prices might never have reached today's
unprecedented peaks and the turmoil might have been tempered, economists and
retailers say.
Retail competition "would not have prevented a crisis, but it would have
toned it down," said Richard Counihan, spokesman for Green Mountain Energy,
which has returned most of its 50,000 customers to the utilities' ranks.
Now even the prospect of competition is gone. A measure enacted by the
Legislature last week, which made state government the biggest electricity
buyer in California, suspended further retail competition, preventing anyone
from underbidding the state.
"That buries us," said Tony Wayne, president of UtiliSource of Brea, which,
under the new law, can keep its relatively small number of customers but is
barred from entering into new contracts.
Few thought it would come to this.

High Hopes Collide With Reality
Almost 300 firms registered with the state to sell electricity to consumers.
Many of them, quick-buck hucksters or small-time operations, were scared off
by background checks, fingerprinting and the $25,000 deposit required to
enter the market.
But then there were the likes of giant Enron Corp., which predicted that the
new market would pull 700,000 customers from the utilities in the first few
weeks. Another firm deployed 400 salespeople, nabbing residential and
business prospects by the thousands.
They quickly discovered that the structure of California's landmark
deregulation effort erected protective barriers preventing most retailers
from beating the prices of the big three utilities--Southern California
Edison, Pacific Gas & Electric and San Diego Gas & Electric.
For example, deregulation law allowed the utilities to keep their 9 million
customers until each took the initiative to switch. Any ratepayer who used a
moderate amount of energy and wanted to change companies had to pay $600 for
a new meter--unless the retailer wanted to eat the cost itself.
In contrast, Pennsylvania, where deregulation has been more successful than
in California, requires most of its utilities to surrender some of their
customers. Last year, 300,000 customers of one utility were auctioned off to
the retailer who could promise them the most savings. All together, close to
1 million customers have switched from utilities to retailers, with savings
estimates ranging from a few dollars to $15 per month.
In California, the next barrier was expressly designed by deregulation
architects to keep new retailers at bay, at least temporarily.
Before throwing utilities into a free-for-all, lawmakers felt obligated to
give them time to pay off debts that would hurt their ability to offer
competitive prices. The Legislature froze customer prices at 1996 levels,
well above what the utilities were then paying for electricity. The
difference would be used to pay their debts.
The hitch for prospective retailers was that their customers--like those
remaining with utilities--would be charged the extra amount too. That
seriously hurt the retailers' ability to shave prices for their customers
without taking a hit themselves.
Utility executives say the so-called competition transition charge
accomplished its intent: providing some protection against new players until
the utilities could shed their debt and compete on an even field.
According to those executives, the plan went awry when wholesale electricity
prices soared before the special debt charge was lifted and competition had
a chance to flourish.
"We haven't had enough time for this market to work," said Denise Grant,
director of the Edison division that works with retailers. She said Edison
expected to lose 150,000 customers annually--a far cry from what has
happened.
Retailers say they faced other obstacles that seemed designed to help the
utilities keep as many of their customers as possible.
One of the biggest was a newly created energy marketplace called the Power
Exchange.
Under the exchange's rules, all buyers--little guys with a few hundred
customers and mammoth utilities with millions--paid the same price for
electricity. Once again, retailers were stymied in their search for ways to
cut their customers' bills.
Retailers had no place else to shop for energy because suppliers could make
more money selling in high volume to billion-dollar utilities on the Power
Exchange, rather than cutting small deals with upstart companies.
Wayne, the president of UtiliSource, learned the hard way. He was peddling
electricity in California in early 1997, before the state created the Power
Exchange. After arranging a good, but informal, deal with a Washington
generator, he sent out hundreds of salespeople, took to the road himself and
soon cornered 10,000 customers.
But the birth of the exchange caused the death of his deal, Wayne said. The
generators pulled out when they realized how much money they could make
selling on the open market.
"That was an oh-my-god. They said, 'Why should we give you a discount when
we can sell it to the Power Exchange ourselves?' " he said.
Retailers say the state protects the utilities in subtler but no less
damaging ways. That includes billing customers who switch companies for
certain overhead costs of their old utilities, such as weather forecasters
and accountants involved in procuring electricity.
In late 1999, a coalition of retailers filed a complaint with the Public
Utilities Commission arguing that their customers should not be forced to
pay costs for utilities they had decided to leave.
Earlier this month, the PUC finally reached a decision that favors the
retailers' argument but accepts the utilities' calculations of the expenses
borne by retailers, an amount critics say is far too low.
In dissenting, Commissioner Richard A. Bilas called the decision's paltry
award to retailers another strike against them.
"We cannot keep stymieing retail competition if we are seeking rational
markets," he said. "Energy service providers [retailers] have left the state
in droves. . . . They need all the encouragement we can give them."

Retailers Found Little Opportunity
Be they multinational giants or kitchen-table entrepreneurs, retailers are
dismayed by their experiences with deregulation.
Enron spent $5 million trying to sell electricity in 1997 and the spring of
1998. But, unable to offer enticing discounts, the firm picked up only
30,000 customers.
In a recent meeting with reporters and editors at The Times, Enron Chief
Executive Kenneth Lay suggested that the framers of deregulation kept market
forces pinned down in the retail sector. As a result, there was little money
to be made and little incentive to stick around.
"The more customers you signed up," Lay said, "the more [money] you lost."
Last week, Enron returned a number of its remaining electricity contracts to
PG&E. "In the end," Lay said, "we couldn't change the rules and we pulled
out."
On the other end of the spectrum, Paul Oshideri is now a one-man operation
since he laid off his seven employees during his unprofitable two years
trying to entice customers to Cucamonga Energy.
"You don't have that many options," said Oshideri, who is still holding on
to his 250 customers and vows not to quit. "What can you do? You can't do
anything right now."
Only when it came to businesses and big institutions such as universities
were retailers able to make a dent in the market. The small price reductions
they offered translated into huge savings for those large users of
electricity. The retailers also offered a variety of other services,
including aid to help businesses become more energy efficient.
Although fewer than 2% of all residential customers have switched to new
energy companies, 13% of industrial users have done so, according to the
Public Utilities Commission.
"If they'd structured this differently they would have had households able
to make big savings just like industrials," said Cal State Fullerton
economist Robert Michaels.
There is some dispute among deregulation critics over whether legislators
designed the law to protect the utilities from an onslaught of competition,
or it just turned out that way.
Jesse Knight, a former member of the Public Utilities Commission who
dissented on the panel's deregulation plan, said the law is biased against
retail competition.
"But I don't think it was the legislation's intent to protect the monopoly,"
Knight said.
There is general agreement, however, that not enough attention was paid to
the mechanics of the retail market.
Much of the deregulation legislation deals with generation, transmission and
wholesale prices of electricity. The only provisions on the retail end
simply allow consumers to shop for deals.
Lay, the Enron executive, recalled that the utilities fought hard to
maintain their customer base. The irony is that, with wholesale prices
skyrocketing over the last six months, buying electricity for all those
customers has driven the utilities to the brink of insolvency.
"With 20-20 hindsight, I expect they wish they'd agreed to more choice at
the customer level," Lay said. "Then maybe they wouldn't be in the
circumstances they're in."
   News </news> Politics </news/politics> Entertainment
<http://www.calendarlive.com> music <http://www.calendarlive.com/music>,
movies <http://www.calendarlive.com/movies/>, art
<http://www.calendarlive.com/art/>, TV <http://www.calendarlive.com/tvent/>,
restaurants
<http://www.calendarlive.com/top/1,1419,L-LATimes-Restaurants-X!Front,00.htm
l>    <<...OLE_Obj...>>    Business </business> Travel </travel>
Classifieds </class> jobs </class/employ>, homes </class/realestate>, cars
<http://www.cars.com/carsapp/latimes/?srv=parser&act=display&tf=/index-defau
lt.tmpl>, rentals </class/rentals>    <<...OLE_Obj...>>    Sports
<http://sports.latimes.com> Commentary </news/comment/> Shopping
<http://www.latimes.com/class/2shop/menus/>     <<...OLE_Obj...>>
 <<...OLE_Obj...>>
Copyright 2001 Los Angeles Times

STEVAN ALLEN
Vice President
Edelman Public Relations Worldwide
1215 K Street - Suite 970
Sacramento, CA 95814

916/442-2331 - phone
916/447-8509 - fax
stevan.allen@edelman.com
 <<Allen, Stevan.vcf>>


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November 15, 2000

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- Rapper E-40 is 33.
- Rapper ODB (Wu Tang Clan) is 32.
- Country singer Jack Ingram is 30.

Source: Associated Press

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Rick - Linda and I had a "back of the envelope" discussion regarding the DC budget.  The numbers were proposed as follows:\

$200K in Travel (this includes $175K budgeted for Staff trips to Houston, Portland and London)

$275K in Company Memberships

$100 in Contributions
-------------------

$575K Total proposed cuts

You'll probably want to discuss the implications of these.  The cuts in Memberships and Contributions will bring these numbers below Scenario 2 proposal.

I will await direction from the two of you before making these changes in the worksheet.


Hi Bill...

Kourtney Nelson will be unable to interview Justin. Could you let me know who you would like to interview him in her place?

Thanks,
Grace

 -----Original Message-----
From: 	Fitzpatrick, Amy
Sent:	Tuesday, July 10, 2001 11:56 AM
To:	Rodriguez, Grace
Subject:	RE: Real Time interview: Justin Bates

Can you please talk to Bill about who he would like to have do these interviews?

A

 -----Original Message-----
From: 	Rodriguez, Grace
Sent:	Monday, July 09, 2001 2:46 PM
To:	Fitzpatrick, Amy
Subject:	FW: Real Time interview: Justin Bates

FYI: Mike Driscoll will also be unable to interview.

 -----Original Message-----
From: 	Driscoll, Michael M.
Sent:	Monday, July 09, 2001 2:28 PM
To:	Rodriguez, Grace
Subject:	RE: Real Time interview: Justin Bates

I am sorry to say that I will be out of the office on thurs.  I will be with Mike Swerzbin in our Calgary office.

Sorry,
Driscoll

 -----Original Message-----
From: 	Rodriguez, Grace
Sent:	Monday, July 09, 2001 2:22 PM
To:	Foster, Chris H.; Wolfe, Greg; Driscoll, Michael M.; Nelson, Kourtney
Cc:	Williams III, Bill; Fitzpatrick, Amy; Mehrer, Anna; Sheppard, Kathryn; Chatterton, Jill
Subject:	Real Time interview: Justin Bates

You have been selected to interview Real Time candidate Justin Bates. Justin will be returning to the office for his second round of interviews and has indicated that early morning interviews will work best for his schedule.

With that in mind, I would like to set up the interviews to take place at 8:00am on Thursday, July 12th. Each session will be about 45 minutes in length (max), with the last interview ending at 11:00am.

If you are aware of any conflicts with this day/time, please let me know as soon as possible. I would like to have the schedule finalized by tomorrow morning.

If you have any questions, let me know!

Thanks,
Grace
x8321

 -----Original Message-----
From: 	Fitzpatrick, Amy
Sent:	Friday, July 06, 2001 2:53 PM
To:	Rodriguez, Grace
Subject:	2nd I/V - Justin

Grace -

Can you please have Justin come in for a 2nd interview.

He needs to meet with....

Chris Foster
Greg wolfe
Mike Driscoll
Kourtney Nelson

Thanks!
Amy


Charles Schwab & Co., Inc.

Morning Market View(TM) for Wednesday, June 6, 2001
as of 11:00AM EDT
Information provided by Standard & Poor's

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

U.S. INDICES
(11:00a.m. EDT)

----------------------------------
Market            Value     Change

DJIA          11,145.30    - 30.50
Nasdaq Comp.   2,232.65     - 1.01
S&P 500        1,276.17     - 7.40
----------------------------------
NYSE Advancing Issues        1,043
NYSE Declining Issues        1,620
NYSE Trading Volume        287 mln
NASDAQ Advancing Issues      1,364
NASDAQ Declining Issues      1,805
NASDAQ Trading Volume      574 mln

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

U.S. TREASURIES
----------------------------------
Value            Yield      Change

1-year bill       3.57%        n/a
5-year note       4.84%     - 4/32
10-year note      5.30%     - 7/32
30-year bond      5.66%     - 3/32

The tables above look best when viewed in a fixed-width font,
such as "Courier."

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

U.S. TRADING SUMMARY

The headline indices have chopped around both sides of unchanged
levels this morning as concerns over upcoming earnings reports
and continued uncertainty over the outlook for the domestic
economy pull traders in many directions. Throw in a bias toward
profit-taking in the wake of the recent gains in the headline
indices and it is not surprising that stocks have been volatile
this morning. Oil, financial and banking stocks are among the
worst-performing sectors. Meanwhile, computer systems, computer
software and household products have managed to make some headway
in today's volatile market.

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

JAPAN / EUROPE SUMMARY

European stock market indices have moved lower with the U.S.
indexes. The German Dax has fallen 0.5%, while the French CAC-40
dipped 0.3% as both indexes reversed earlier gains. The London
FTSE has managed to hold around unchanged levels. Note that the
Bank of England matched market expectations by announcing that it
left short-term interest rates unchanged at its most recent
policy meeting. Elsewhere, gains in the downtrodden banking
sector were more than offset by weakness in technology issues as
the Nikkei-225 erased its early gains and moved into the red by
the close. For the day, the Nikkei-225 dropped about 0.1% while
the broader Topix remained unchanged.

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

CURRENCY SUMMARY

Concerns over the Japanese economy, alongside comments from a
Japanese official, have kept the yen under pressure. Of course,
this is to the dollar's advantage, as the greenback is holding
above the 120 yen level. The euro has been slapped lower to below
0.850 dollars per euro, as traders take profits on an early run
higher to 0.855 dollars.

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

MAJOR COMPANY / INDUSTRY NEWS
(All prices as of 11:05 a.m. EDT)

** The $8 billion merger between DuPont's (DD: 47.15, + 0.45)
pharmaceutical division and Bristol-Myers Squibb (BMY: 57.42, -
0.49) has moved one step closer to reality, according to The Wall
Street Journal. Citing unnamed sources, the Journal reported that
DuPont agreed to exclusive negotiations with Bristol-Myers in
order to quickly move the deal forward. DuPont has authorized the
transaction if both companies can agree to terms, but many
hurdles still remain that could thwart the takeover. DuPont's
pharmaceutical division's main drugs include medicines targeting
blood clots, HIV and Parkinson's disease.

** Advanced Micro Devices (AMD: 29.18, + 0.28) expects to
increase revenues despite the current slowdown in the
semiconductor sector, according to a news conference given by
AMD's Chief Operating Officer Hector Ruiz. Despite sector growth
contraction of 15%, AMD expects to increase its business as it
expands its market share. The COO also stated that signs have
emerged that may signal a pickup in global personal computer
demand in the fourth quarter of this year. However, Ruiz was less
optimistic about semiconductor demand for the beleaguered
communications sector.

** President Bush called for an investigation into the alleged
dumping of foreign-produced steel in the U.S. The move by the
president has the potential to bring about restrictions on
foreign steel producers. Under Section 201 of the 1974 Trade Act,
the president may ask the International Trade Commission to
investigate whether or not imported steel is hurting U.S.
domestic production. The commission has six months to issue
recommendations that the president could accept, reject or
modify. Penalties could include increased tariffs on imports,
quotas limiting the affected imports or a combination of both.
The move, which comes on the heels of the Democratic takeover of
the U.S. Senate, could help the president curry favor with some
in the Democratic Party.

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

ECONOMIC NEWS

** No data today.

** THURSDAY - Weekly initial jobless claims, wholesale trade for
April, consumer credit for April.

** FRIDAY - No data.

################################################################

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Notice: All email sent to or from the Charles Schwab corporate
email system may be retained, monitored and/or reviewed
by Schwab personnel. (1000-8752)

Copyright 2001 Standard & Poor's MMS Inc.  All rights reserved.
Standard & Poor's MMS services are for personal use only.
Commercial use or redistribution in any form, print or
electronic, is prohibited.
Distribution by Quris, Inc.


What paper?

-----Original Message-----
From: Wendy Koebernick [mailto:wendykoeb@springisd.org]
Sent: Thursday, October 04, 2001 9:44 AM
To: Davis, Dana
Subject: paper

FYI:  Candis did not have her paper written today ... She is falling behind.


Due to a doctor's appointment on Tuesday, April 3, Frank Sayre will be in the
office by 12:00 noon.  If immediate assistance is needed, please contact
Taffy Milligan at 57373.

Thank you,
Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com


A new class on HTML Basics will be offered on September 14 from 8:30-11:30 am.  This class is for beginners.  The topics to be included are:

Text Appearance and alignment
Paragraphs and Line Breaks
Hyperlinks within Web Site
Linking with Named Anchors
Linking to an Email Address
Placing Graphics on a Page
Graphics Images with Hyperlinks
Arranging Text in Lists
Formatting Lists with Symbols and Numbers

You can register for the class at elm.enron.com.  If you have difficulty registering, please call ext. 31816 for assistance.


We had 22 kids and 3 adult helpers.  The kids were pretty wild.  It wasn't one of our better days.  Oh well!

If it's okay with you, I'd like to take a week break next weekend.  I need to be at an event downtown at 1 Pm and it would be nice not to rush.  I will bring you the boom box and CDs with music suggestions.  Would that be okay?

Also, Stan is not available the third weekend in November so I have agreed to switch with him.  He will teach Nov 11 (I will be there to help)  and I will take Nov 18 (Kim promises that he will definitely be there).

-----Original Message-----
From: BLT12139@aol.com [mailto:BLT12139@aol.com]
Sent: Monday, October 22, 2001 9:50 AM
To: Corman, Shelley
Subject: Children's Church

Hi Shelley:
I hope all went well on Sunday.  One thing I forgot was to ask you or Elizabeth to take a count of children/adults attending Children's Church and get it to Jackie in the office.  If you want to email the info to me, I will be happy to call Jackie.
Take care,
Barbara
P.S.  Will you be there next Sunday to handle music?


Please inactivate the FT-INT-CNT-TRAN book in TAGG.  All of the sub books
associated with this should also be inactivated, i.e. Price, Basis, Index and
GD.  The trader responsible for these books has been gone for over 6 months
and all the deals in that book have now rolled off.  If you need any further
information, please feel free to give me a shout.  Thanks for your help.
PL


With the filing of the Hart-Scott-Rodino application last week, it looks like our updated launch timeline is as follows. Note that it is still possible that this timeline could shift:

Week of Jan 28:

We will distribute a packet to each of the Originators/Traders who have volounteered to call customers and assist in getting signed Password Applications. The packets will contain:

Key Messages
Frequently Asked Questions (FAQs)
Top Counterparty Checklist
External Customer Cover Letter
Password Application (PA)
Registration Form
Fax Cover Sheet for PA/Registration
Electronic Trading Agreement (ETA)
Internal online Marketing Contact List

Each person receiving a pack will contact the Master Users at the companies they have volounteered for and send them copies of the Password Application (PA) and Electronic Trading Agreement (ETA). During this week, we will be working hard to get as many of the PA's returned as possible. Once we have a signed PA, we can send the customer their new User ID, which will allow them to start trading on the day we launch the new site.

A Splash page will be available at www.UBSWenergy.com or via an automatic redirect from www.enrononline.com. This page will tell customers about the pending launch of www.UBSWenergy.com and provide links to the PA and Registration screens and also to the User Admin screens, which will allow customer Master Users to start setting up their Sub Users.

The Splash page will look something like the following:

Week of Feb. 4:

We will send out a mass mailing to approx. 3,000 individuals at 450 companies inviting them to sign up for the site. Included in the package will be a simple brochure, copies of the PA and ETA, key messages and a list of Frequently Asked Questions.

Week of Feb. 11:

The site will launch, with at least financial products (timing for gas physical and power physical to be determined according to regulatory issues).

General Terms and Conditions (GTC's) will be available online and must be accepted online before a company can start to trade a particular commodity.

Trading/Origination Coordination

The Top 50 customers will have at least an initial contact within the first two days of starting the marketing effort and that all customers who previously traded either gas or power will receive a mailing within the first 10 days. An online marketer has been assigned as coordinator for each company and will assist each Trader/Originator in following up with Master Users as necessary to make sure PA's are signed and returned.

UBSWenergy Marketing Contacts:

For Marketing-specific questions, please use the following contacts. For other questions, please contact Bob Shults (30397) or Dave Forster (31861).

Teresa Mandola (39807) - Power
Jennifer McQuade (53614) - Power
Dan Diamond (39673) - Gas

<Embedded Picture (Metafile)>


With the implementation of SAP, the employee expense report form has been
modified to reflect the new coding system.  The procedures for its use are
unchanged, but there are some cosmetic differences.  One item to note: the
form no longer requires entry of your Social Security Number; instead use
your new personnel number assigned through Human Resources (see
http://hrweb.enron.com).  For electronically submitted expense reports, enter
the same number on the receipt envelope.

The form is now available at the SAP website.  To access the form:

 From the Enron home page, go to the SAP intranet site http://sap.enron.com
 Choose one of the following paths:
 Click on Quick Reference Tools on the left menu
  Click drop-down arrow for Accounts Payable Forms
  Click SAP Expense Report Form

  Click on Forms and Procedures Library on the left menu
  Click drop-down arrow for Accounts Payable Forms
  Click SAP Expense Report Form
 Wait for it to load
 Click Enable Macros (or Yes, allow macros)

After you enter the data, save as Excel Workbook (.xls file extension) with a
new filename.  Do not save as Excel Template (.xlt extension).

You may print the spreadsheet for submission to Accounts Payable, or attach
it to Notes for electronic submission.  Instructions are available at the
website, on the same drop down box as the form.

If you have any questions, contact the Center of Expertise (COE) at 713
345-7427.


Lost Items:
A cell phone and pair of glasses were found after the conference. Contact
Sara Davidson, if either of these items belongs to you.

Presentation Materials:
The guest speaker presentations will be available at the Enron Law Conference
website by the end of this week. The website is at
http://lawconference.corp.enron.com/. These materials can be found under the
Conference Schedule or . Through the icons on the left hand side the files
can be either launched and printed from the website, or the documents can be
sent to you via email.

Enron Legal Edge Availability:
Due to technical problems, the Enron Legal Edge will not be available till
later this week. An email will be sent out to all users when the site is
running and available. Sorry, for the delay.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/21/2000
09:26 AM ---------------------------

Tarun Mukherjee <tmukherj@uno.edu> on 11/16/2000 10:04:30 AM
To: Vkamins@ect.enron.com
cc: gwhitney@uno.edu, wlane@uno.edu
Subject: Moffett Chair

Dear Dr. Kaminski,

I invite you to apply  for the  recently announced endowed chair position in
our department. The position, James R. Moffett Chair, is named after the CEO
of Freeport McMoran. You come highly recommended by John martin of Baylor
whose opinion we value greatly.

The attached file provides more information regarding the required
qualification and responsibilities of the Chair.  If you have any question,
please feel free to contact me (I am co-chair of the search committee),
Professor Gerald Whitney (gwhitney@uno.edu, Co-chair of the search
committee), or Dr. Walter (Dub) Lane (wlane@uno.edu, the Department Head).

We look forward to receiving your application soon.

Tarun K. Mukherjee
Professor of Finance and Co-Chair, James R. Moffett Search Committee
Department of Economics and Finance
University of New Orleans
New Orleans, LA 70148
(504)280-7146-Work
(504)-280-6397--Fax

 - Ad for Moffett Chair-.doc


---------------------- Forwarded by Dawn C Kenne/HOU/ECT on 11/13/2000 11:23
AM ---------------------------

Dawn C Kenne
10/10/2000 07:11 PM
To: Darron C Giron/HOU/ECT@ECT
cc:

Subject: Synthetic Storage Liquidation Variances

Darron,

I am going to try to put my thoughts on paper, but call me if there are any
further questions...

For April, we have 1,390,618 of expense on the back page.  I have narrowed it
down to the following...
 Tagg #N06517 being double booked  $952,500  (the correct tagg # is N08646).
 The other side of the storage transaction is in 9/00 physical liquidation
file and it is for 1,866,000.
 Looks like double booking it actually made us money. Check it out though!

 137,000 in liquidations should have been moved to commodity expense to cover
transportations
 OA, but it wasn't., so we this is income for us.

 Two deals were booked in sitara but not tagg and, therefore, no liquidation
to cover the expenses.
 They are sitara #242510 and #128336.  The total of these equaled 429,477.

For May, we have 1,889,707 in income on the back page.  This comes from:
 Another deal booked twice....Tagg #N05499 was booked as duplicate (the right
one is #N08617)
 The other side (expense) of the deal was taken in Dec.99. Therefore, I see
this as true income!

 Tagg #NJ4479, I will have to talk with you about this.  I don't fully
understand it myself.

 93,924 (Tagg #NG0049), this should have been transferred to 3rd party
sales/purchases.
 This storage deal is booked directly with the third party.

I have not looked at July in full, but have some print outs to give you.

Please let me know if you have any further questions on this crap!  I am just
a phone call away.

Dawn
3-9353


you didn't send the number.  just call me on mine @ 7138258410.  i am
thinking tealas and sitting out on the porch.


no special occassion really, just burning vacation.  i have 12 days left.

whats going on in your world?

-----Original Message-----
From: K. Bass [mailto:daphneco64@alltel.net]
Sent: Tuesday, November 06, 2001 2:36 PM
To: Bass, Eric
Subject: Re:

Hi Eric,

How are you today?

I understand you are taking Friday off.  What's the occasion?  How many
vacation days do you have left?

Have a great day.  LU-M
----- Original Message -----
From: "Bass, Eric" <Eric.Bass@ENRON.com>
To: "Mom (E-mail)" <daphneco64@alltel.net>
Sent: Tuesday, November 06, 2001 2:28 PM

I got your card.  Thanks for joining us on Saturday night.  Shanna and I
always enjoy your company.

Love,
E

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


I have had to revise the list I provided to you earlier.  The change was
shutting Kimball down for financial as well.


You are cordially invited to join Georganne for an informal get-acquainted
breakfast on Wednesday morning, August 30th, 2000 from 8:00-9:00 a.m. in
EB24C2.

Renee
x3-4866


-----Original Message-----
From: 	Harris, Steven
Sent:	Tuesday, September 25, 2001 3:11 PM
To:	Kilmer III, Robert
Subject:	RE: TW Negotiated Rates

The Dynegy deal is I to I.

 -----Original Message-----
From: 	Kilmer III, Robert
Sent:	Tuesday, September 25, 2001 1:57 PM
To:	Harris, Steven; Fossum, Drew
Subject:	FW: TW Negotiated Rates

Are these index to index deals? If so are we considering any options?

 -----Original Message-----
From: 	Lokey, Teb
Sent:	Wednesday, September 12, 2001 1:59 PM
To:	Kilmer III, Robert
Subject:	FW: TW Negotiated Rates

 -----Original Message-----
From: 	Darveaux, Mary
Sent:	Wednesday, September 12, 2001 9:34 AM
To:	Bischoff, Barbara
Cc:	Lohman, TK; Lokey, Teb; Kirk, Steve
Subject:	TW Negotiated Rates

	Barb,  please add the following filings to our list just so we don't forget them -

		USGT/Aquila Neg Rate Filing  file date  October 31, 2001
		Dynegy Marketing and Trade  file date   November 30, 2001

Mary Darveaux
Rates & Tariff ETS
Enron
mary.darveaux@enron.com


Team:

I have asked Troy Denetsosie to be responsible for compiling and updating a detailed supply, market and infrastructure analysis of Texas.  This information will support both our origination and trading activities and we will use a lot of the format (website and other) developed by the other regions.  Spcifically,  Troy will offload a lot the analysis work that JD is currently doing on the market side and he will work closely with Bryan Hull to support the more immediate needs of the traders.

The deliverables from Troy will be: (1) a Texas section on the gas fundamentals webpage modeled after the Central region, (2) a daily report on gas flows, deals, basis positons, etc., (3) a detailed infrastructure analysis (maps, flows, etc) that will support the development of our supply/market hub positions.  Please give him your support.

Regards,
Brian

 -----Original Message-----
From: 	Bryan, Gary
Sent:	Friday, September 21, 2001 10:42 AM
To:	Redmond, Brian
Subject:	FW: CRM Database

As you know, much of JD, Mark and my time to date has been geared around finding what companies, customers, phone numbers and past business that we may have done with the customers we started with and move forward from that starting point. In the few short weeks we have addressed, uncovered and started down the road to what I hope to be a very profitable 2001-2002.

The CRM Database should be a great tool for those that follow. It appears that the originators would log in calls, meetings and any other business that gets discussed with the customer. This would have been a great tool for our group to have had in starting from ground zero.

There still appears to be some developmental issues around this program. In the meantime, we are using a number of spreadsheets to keep up with our business. Should the CRM Database not be approved or delayed, we have decided to populate the ACT 2000! database. This is currently supported by Enron but is not as user friendly as the CRM would be. The cost for ACT 2000! is relatively free!

If you have any questions, please let me know.

 -----Original Message-----
From: 	Buss, JD
Sent:	Friday, September 21, 2001 9:14 AM
To:	Bryan, Gary; Knippa, Mark; Redmond, Brian
Subject:	CRM Database

On Thursday of this past week I went to a meeting regarding the CRM database which is designed by Siebel for the purpose of handling customer information.

The CRM database has only been implemented with trading/origination groups within Enron and provides the following capabilities:
	1.  Account & Contact Management
	2.  Activity Tracking & Planning
	3.  Potential Deal Management
	4.  Outlook Synchronization
	5.  Remote Connectivity/Synchronization
	6.  E-mail from Siebel and records activity

The current Enron groups that use this system are the Enron Industrial Markets that was implemented in May 2001 and the Freight Markets that was implemented in August 2001.  The following is a list of how these groups have been utilizing the system:
			Industrial MKTs				Freight MKTs
Users				175					45
Counterparties			8,200					20,000
Contacts			14,000					20,000
Activities			1,200					900
Quotes									150
Opportunities			361					11

The following groups have also inquired about this system and having it implemented:
		EOL
		Global Mkts
		EES
		Transportation
		East Power Orig
		Insolvent Debt

Some of the basic costs and timeline for this system are $120-$150,000 for 20-30 users with a 5 week timeline for implementation.  This is a basic implementation that may not include all of the functionality shown above (i.e., no remote connectivity).

The reason that I have written this is to show a possible system that could be used by the gas floor origination and trading groups to manage contact information and share data among groups.  The cost to implement this for all of the origination groups does not appear to be prohibitive and it could be implemented in a good time frame.  Some of the issues are coordination among the groups and the desire to share information.  Let me know if you think this is a viable possibility and what would be the best way to approach the other origination groups.

Colin Tonks, database/system guy, within the Fundamentals group was also at the meeting and thinks this would work great.  He would be the individual coordinating efforts from the natural gas system side.
Thanks,
JD


Carmen, please print out memo and attachment.  Thanbks. DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/06/2000
06:35 PM ---------------------------

Virginia O'Neill

01/06/2000 08:06 AM

To: John Dushinske/ET&S/Enron@ENRON, George Fastuca/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Robert
Jones/Corp/Enron@ENRON, Mike McGowan/ET&S/Enron@ENRON, Kent
Miller/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@Enron, Rockey
Storie/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Dave
Neubauer/ET&S/Enron@ENRON, Michel Nelson/ET&S/Enron@ENRON
cc: Martha Benner/ET&S/Enron@ENRON, Lisa Costello/ET&S/Enron@ENRON, Dea
Crum/ET&S/Enron@ENRON, Rosemary Gracey/ET&S/Enron@ENRON, Judy
Kudym/ET&S/Enron@ENRON, Audrey Robertson/ET&S/Enron@ENRON, Sharon
Solon/ET&S/Enron@ENRON, Linda Wehring/ET&S/Enron@ENRON, Ricki
Winters/ET&S/Enron@Enron, Deb Cappiello/ET&S/Enron@ENRON, Pilar
Ramirez/ET&S/Enron@ENRON, Julie McCoy/ET&S/Enron@ENRON

Subject: GPG GOALS & OBJECTIVES FOR 2000

---------------------- Forwarded by Virginia O'Neill/ET&S/Enron on 01/06/2000
08:05 AM ---------------------------

Bill Cordes
01/06/2000 07:47 AM

To: Virginia O'Neill/ET&S/Enron@Enron
cc:
Subject: GPG GOALS & OBJECTIVES FOR 2000

Please forward to ET&S officers.
---------------------- Forwarded by Bill Cordes/ET&S/Enron on 01/06/2000
07:47 AM ---------------------------

Stanley Horton
01/05/2000 05:08 PM
Sent by: Cindy Stark
To: Bill Cordes/ET&S/Enron@ENRON, Shelley Corman/ET&S/Enron@ENRON, Larry
DeRoin/NPNG/Enron@ENRON, John Goodpasture/OTS/Enron@ENRON, Rod
Hayslett/FGT/Enron@ENRON, Phil Lowry/OTS/Enron@ENRON, Rockford
Meyer/FGT/Enron@ENRON, Maryann Long/HR/Corp/Enron@ENRON, Michael
Moran/ET&S/Enron@ENRON, Jenny Rub/GPGFIN/Enron@Enron, Dave
Schafer/ET&S/Enron@ENRON, James Prentice/GPGFIN/Enron@ENRON, Michael
Burke/Houston/Eott@Eott
cc:

Subject: GPG GOALS & OBJECTIVES FOR 2000

Okay...my first mistake already!   SORRY!    Here's the attachment.


Jay,

Yes he is.  I'll get something scheduled.

Liz

Rajelpy@aol.com on 08/08/2000 10:36:47 AM
To: gwhalle@enron.com
cc:
Subject: Houston next week - Jay Perl

Greg:
I will probably be in Houston first part of next week. Are you around?
Jay


I just received a call from Damon Sykes at National Fuel.  He said we have
positive balance of 797,464 on our FSS  contract, and we have a balance of
(797,163) on our ISS.  It looks like we paid back 301 dth too much.

Damon said we need to do a nomination to reverse the storage balances and we
need to take out the 301 dt.  Would you guys speak to Nat Fuel about handling
this please?

Don't worry about doing it this weekend, take care of it early next week.

Thanks


PASS ON TO EVERYONE YOU KNOW
Someone is sending out a  very cute screensaver of the Budweiser Frogs.
If you download it, you will lose  everything! Your hard drive will crash
and someone from the Internet will  get your screen name and password! DO
NOT DOWNLOAD IT UNDER ANY CIRCUMSTANCES!
It just went into circulation yesterday. Please distribute  this
message.This is a new, very malicious virus and not many people know  about
it. This information was announced yesterday morning from Microsoft.
Please share it with everyone that might access the  Internet.
Once again, Pass This Along To EVERYONE in your address  book so that this
may be stopped. AOL has said that this is a very dangerous  virus and that
there is NO remedy for it at this time.
This is VERY important. If you  receive a screen saver from a friend or
anyone you may not know with the  Budweiser Frogs in it, DO NOT DOWNLOAD IT
OR OPEN THE FILE!
Press the forward  button on your email program and send this notice to
EVERYONE you know.  Let's keep our email safe for everyone.
This is a service to all  of our affiliates to help them keep their email
and computer files safe.
Commission Marketing Support


Here is the latest redlined draft version (the redlining compares your
original draft with all of our changes to date), reflecting some very minor
edits (mostly typos) we made to the document today. <<NFV7RED.WPD>>

____________________________________________________________________________
The e-mail address and domain name of the sender changed on November 1,
1999.  Please update your records.

The information contained in this communication may be confidential, is
intended only for the use of the recipient named above, and may be legally
privileged.  If the reader of this message is not the intended recipient, you
are hereby notified that any dissemination, distribution, or copying of this
communication, or any of its contents, is strictly prohibited. If you have
received this communication in error, please re-send this communication to
the sender and delete the original message and any copy of it from your
computer system.
Thank you.

For more information about Piper Marbury Rudnick & Wolfe, please visit us at
http://www.piperrudnick.com/
____________________________________________________________________________

 - NFV7RED.WPD


is this on the website?


Thanks.  I'm in DC (actually, Richmond VA) with Nancy Wodka working on a
PPA.  I haven't opened the attachment yet due to the length of time it takes
over this connection, and the late hour.

You may have addressed this in your email, but as I recall you were going to
work on a summary of the restricted activities, as a foundation for the
document anticipated by the LLC agreement.  Any luck with that?

I'll be in touch shortly.  Thanks for keeping track.

Kay


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

Sara
?
I have tried to send you the attached fax, however it is not  going through
to you so I am attaching it instead by email.
?
Do you have another fax number in case this happens  again?
Thanks
Susan

----------------------------------------------------------------
Lovells (the merged firm of Lovell White Durrant and
Boesebeck Droste, practising as Lovells Boesebeck Droste in
some jurisdictions) is an international law firm.

In the event of any technical difficulty with this email, please contact
the sender or the London Technology Department on +44 (0) 20 7296 2000.

 - Sara Shackleton ENRON_v1.DOC


I would like to take the opportunity to let you know I have resigned today.
I wish you all the best in your carreer and in life.

Regards

Rodrigo Lamas


Bummer.  Too bad all of us are captive to Eric's schedule.
Bill and I enjoyed our too-short trip to the GC.  We hiked down Bright Angel
trail to the second rest stop, which was plenty for me.  It was pretty hot.
Wish we could have stuck around longer but Bill had to be back for a trial.
Talk about restrictive travel schedules.
I was thinking about you and Karin and wanting to take your customary nature
trips...you know, when Grayson is a little older, we could go on some trips
and just take turns staying at the hotel/cabin with her while everyone else
goes hiking/climbing/whatever.  You might have to pay for extra hotel days
that way, but at least you would get to go.  In the meantime, what about
staying in one place for a week or so -- a beach house, for example.  Eric
permitting, I think it would be fun to get everyone together in Florida or
Colorado sometime within the next year.
My car is ready at the shop.  Yay!
Ciao,
Sus.

"Shelton, Jim" <js@overlandpartners.com> on 05/05/2000 08:55:34 AM
To: "'Susan.Scott@enron.com'" <Susan.Scott@enron.com>
cc:

Subject: here we go again

Sus:

Not to complain,but AARRRRRRRRRRGGGHHHHHHHHH!!!!!!!!!!!!!!!!

Now that we have canceled our reservations for the cabin at Zion for the end
of October, because Eric's window of opportunity for travel in California
was limited to that specific two week period, and have been on the phone for
a week making earlier arrangements and putting a deposit down, it seems
that, "well, you see there is this car race in Carmel and, well we would
really rather go earlier in the month"

Well we lost the cabin and spent money for accommodations that are not as
good, and that's why we checked before.

tuff

jim


------------------------------------------------------------------------------
------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

December 22, 2000 5:00pm through December 27, 2000 12:00am
------------------------------------------------------------------------------
------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: No Scheduled Outages.

ENRON NORTH AMERICAN LANS:
Impact:  CORP
Time:  Mon 12/25/2000 at  8:00:00 PM CT thru Mon 12/25/2000 at  9:00:00 PM CT
 Mon 12/25/2000 at  6:00:00 PM PT thru Mon 12/25/2000 at  7:00:00 PM PT
 Tues 12/26/2000 at  2:00:00 AM London thru Tues 12/26/2000 at  3:00:00 AM
London
Outage:  Cluster Bounce
Environments Impacted:  Corp
Purpose: The virus scanning software currently installed on this cluster is
not running correctly, we will install a new version which will require a
reboot.
Backout: Full backups will be done, prior to this procedure.
Contact(s):  Frank Coles    (713)406-0470

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING:
Impact:  EI
Time:  Fri 12/22/2000 at  5:00:00 PM CT thru Sat 12/23/2000 at  5:00:00 PM CT
 Fri 12/22/2000 at  3:00:00 PM PT thru Sat 12/23/2000 at  3:00:00 PM PT
 Fri 12/22/2000 at  11:00:00 PM London thru Sat 12/23/2000 at  11:00:00 PM
London
Outage:  Genesis/Store IT Shutdown
Environments Impacted:  El and EE&CC
Purpose: The Enron International IT Security infrastructure, support team and
security functions are now one organization. The final phase of this
transition is to phase out Genesis and Store IT replacing it with eRequest.
Backout: Re-establish privileges to notes database.   Users effected will be
able to send requests in via email to EI Security Admin.
Contact(s):  Tori Hayden  713-853-6277
  Darrell Williamson  713-345-4923  713-708-0627
  Roberto Deleon  713-345-8824

Impact:  CORP
Time:  Fri 12/22/2000 at  5:00:00 PM CT thru Sat 12/23/2000 at  5:00:00 PM CT
 Fri 12/22/2000 at  3:00:00 PM PT thru Sat 12/23/2000 at  3:00:00 PM PT
 Fri 12/22/2000 at  11:00:00 PM London thru Sat 12/23/2000 at  11:00:00 PM
London
Outage:  Decommissioning of SRRS
Environments Impacted:  Corp
Purpose: SRRS will be replaced with eRequest to provide the user community
one system to request their Networked resource.
Backout:
Contact(s):  Tori Hayden  713-853-6277
  Leah Van Arsdall  713-345-8829  877-249-3510

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: No Scheduled Outages.

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:  No Scheduled Outages.

------------------------------------------------------------------------------
-------------------------------------------------------
FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center
(713) 853-5536   Information Risk Management

Specific Applications Help:
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]


-----Original Message-----
From: 	Thompson, Virginia
Sent:	Friday, June 29, 2001 9:35 PM
To:	Porter, David V.
Subject:	FW: OUTAGE for R: Drive Applications (CAPS OUTAGE)

 -----Original Message-----
From: 	O'Neil, Murray P.
Sent:	Friday, June 29, 2001 12:28 PM
To:	DL-Portland Volume Mgmt
Subject:	FW: OUTAGE for R: Drive Applications (CAPS OUTAGE)

FYI?MO

 -----Original Message-----
From: 	Poston, David
Sent:	Friday, June 29, 2001 12:16 PM
To:	Morris, Jeremy; Realtime,; O'Neil, Murray P.
Cc:	Davis, Pete; Tully, MIchael; Butler, TJ
Subject:	FW: OUTAGE for R: Drive Applications (CAPS OUTAGE)

Good Afternoon,

CAPS & CAPS historical will be unavailable 8:30pm - 10:30pm this Saturday Night.

Thanks,  David Poston

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON <mailto:Announcements/Corp/Enron@ENRON>   On Behalf Of Distributed Application Management@ENRON <mailto:Management@ENRON>
Sent:	Friday, June 29, 2001 12:08 PM
To:	All Enron CORP Users Special@ENRON <mailto:Special@ENRON>
Subject:	OUTAGE for R: Drive Applications

All applications residing on the R: drive will be temporarily unavailable from Saturday, June 30, 2001 at 10:30 P.M. (CST) until Sunday July 1, 2001 at 12:30 A.M. (CST) for users logging into the CORP domain serviced by Enron Net Works.  The outage is needed to perform required system maintenance updates and increase the storage capacity of the general application servers hosting the applications managed by the Enron Net Works Distributed Application Management group.

Any questions or concerns regarding this system outage can be directed to Chris Jeska (713) 345-7004 or questions may also be directed to
Brian Larkin, Manager, Distributed Application Management (713) 853-6985

The following have been identified as business critical applications that will be affected by the outage:

Enpower CAPS
Sitara
CMS
Equity trading systems (eqpm directory)
Adaytum
CQG
TMS
PowerMap Europe
PowerDat Europe
MapInfo Professional
Secretariat


Love to go to lunch.  Maybe Friday?  If not Friday, let's try next week.

 -----Original Message-----
From: 	Kelly, Jacqueline [mailto:Jacqueline.Kelly@schwab.com]
Sent:	Wednesday, October 10, 2001 11:03 AM
To:	Dasovich, Jeff
Subject:	RE: Hello Out There

Hi Jeff,

I have been wanting to e-mail you to meet up for lunch, now that I am in the city.  I know you are super busy, but let me know if you have time.  The only day that is not good is Tuesday - I have an aerobics class at 1 with a gay drill sergeant - he's great!  He dances around the class yelling at us.

Also, we are planning a trip to Tahoe the weekend of Dec 15th to celebrate graduation.  I know you're not, but let me know if you want to come.

take care and hope to see you soon,
Jackie

-----Original Message-----
From:	Dasovich, Jeff [SMTP:Jeff.Dasovich@enron.com]
Sent:	Wednesday, October 10, 2001 7:36 AM
To:	Kelly, Jacqueline
Subject:	Hello Out There

Hey, I haven't seen you at all and have been thinking about you.  Just wanted to check in and see how things are going.  Hope you are well and things are going swimmingly.

Best,
Jeff

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


Is this resolved?  Let me know.

Thanks,
Mike

 -----Original Message-----
From: 	Patel, Sheetal
Sent:	Tuesday, October 30, 2001 2:00 PM
To:	Brewer, Stacey J.
Cc:	Grigsby, Mike; South, Steven P.; Otto, Charles H.; Parker, Megan
Subject:	Cross Timbers Aug & Sept Opal Discrepancy
Importance:	High

Stacey,

The attached spreadsheet indicates which days need to be repathed.

Also, who do I need to speak to in regard to granting origination.

Let me know if you have any questions.

Regards,
Sheetal
x36740

Mike/Steve:

The desk (Steve's book) will take a hit of $92,061; Midmarket will grant $19,148 to Steve's book for a net of $72,913
Let me know if you have any questions.

 << File: August & September Opal.xls >>

 -----Original Message-----
From: 	Parker, Megan
Sent:	Tuesday, October 30, 2001 1:01 PM
To:	Patel, Sheetal
Subject:	WFS Actual Day 3

Sheetal:
Here is the WFS statement for Sept.  The day 3 actual was 9,590.  When you open the file, scroll down to the 3rd.  I have highlighted Cross Timbers' contract.

Megan

 << File: WFS Sept 01 L57 upstream.xls >>


I have not been included in discussions of this transaction. FYI, to me, a prepayment for a service contract would generally be amortized over the life of the contract.

I do see that Bob was referenced in Dave's response.
Bob - comments?

 -----Original Message-----
From: 	Hayslett, Rod
Sent:	Wednesday, October 17, 2001 2:27 PM
To:	Waymire, Dave; Gilbert, Steve; Saunders, James
Cc:	Centilli, James; McCarty, Danny; Neubauer, Dave; Brassfield, Morris
Subject:	RE: Redfield Deliverability Project

I would appear to me that there may be some misconceptions here.     Why do we assume that by entering into a financing deal we will be any better off?  I would tell you that to the extent there was any risk in the deal, that we should probably charge someone else about 25-30% as well.     Think about it, 25% is only 15% after tax.   Has some one enumerated the risks and valued them on this deal?   I haven't seen any of that work, if it has been done.

I think I understand the concept proposed and I understand the proposed goal line, return with little or no expense up front.     I would assume that we would be willing to enter into a fixed price service agreement for a number of years?     Is Halliburton willing to take any risks whatsoever?

Alternatively, why don't we go through GSS (Global Strategic Sourcing) to look for a better deal?

Jim:   Have you looked at this for ideas on the accounting side?    Why can't I do a prepayment of a service contract fee and recognize the expense over the life of the deal?

 -----Original Message-----
From: 	Waymire, Dave
Sent:	Wednesday, October 17, 2001 9:17 AM
To:	Hayslett, Rod; Gilbert, Steve
Cc:	Centilli, James
Subject:	RE: Redfield Deliverability Project

Rod,

Below is some background on the Redfield Deliverability Project.

Halliburton initiated the contact with NNG to provide work over on selected wells based on software modeling in order to return deliverability to their original levels.  The work overs are planned over a 2-3 year period and are expected to have a lasting effect of at least 10 years.  The cost to model and rework these wells is estimated to be $5.73MM.  A test program would be conducted in the first year to determine the feasibility of continuing the program at a cost of $768,000.  If the test program did not prove out the project would be terminated at this point.  The original proposal was to treat the costs of the program as expense as the costs were incurred. Bob Chandler confirmed this accounting treatment.  This would result as Kent has indicated negative EBIT for the first 2-3 years.

As an alternative it was proposed to Halliburton that NNG would enter into a 10 year service agreement with Halliburton to model and rework the wells and provide guidance on proposed well work overs for the Redfield storage field.  Halliburton would agree to perform the test program and if test results indicate that further work overs would be economically feasible would spend an additional $4.96MM on a total of 60 well workovers in the first 3 years of the contract.  NNG currently budgets $300,000 per year for Redfield well maintenance with minimal increase in deliverability. Operations has committed $300,000 per year in well maintenance over the next 5 years to this project for a total of $1.5MM.

Halliburton has not formalized their counter offer, but has indicated that they would require a 25% to 30% return for assuming the financing.  Halliburton indicated that this is a non-standard deal for them and that is the reason for high return requirement.

The objective is to structure the deal as a service agreement either with an Enron Entity who would then contract with Halliburton or some other third party at a more reasonable rate.  Even at an estimated 30% return, preliminary incremental EBIT estimates for the Halliburton service agreement are between $400,000 to $500,000 the first 5 years and  $250,00 to $275,000 for the out years.

 -----Original Message-----
From: 	Hayslett, Rod
Sent:	Friday, October 12, 2001 7:05 AM
To:	Gilbert, Steve
Cc:	Waymire, Dave
Subject:	RE: Redfield Deliverability Project

Couple of quick comments.    Prepaying as an expense would require coming up with some income to offset, and generally doesn't make economic sense.   An Enron company can't help because it consolidates, and therefore ends up with the same accounting results as we do.       What accountants have reviewed the proposal?

 -----Original Message-----
From: 	Miller, Kent
Sent:	Thursday, October 11, 2001 9:52 AM
To:	Hayslett, Rod; McCarty, Danny
Cc:	Waymire, Dave; Neubauer, Dave; Neville, Sue; Thomas, Steve
Subject:	Redfield Deliverability Project

Rod,

We looking for your help on some ideas on how to implement a good long term project that has negative short term cash flow.

We have been working with Halliburton to identify deliverability improvements at Redfield through the use of  improved technology related to identifying poor performing wells and implementing down hole remediation.  This project has costs and revenues as shown below that are great from a long term standpoint.  Steve Thomas and Maurice Gilbert have done an excellent job of identifying the benefits to NNG and the upsides in revenue that are expected.  Dave Waymire has also been very helpful in analyzing alternative and economics and have shown that the project has a great return (in excess of 30%).  Our problem is that the cost for the workovers at Redfield are all O&M expenses and not capital and we have a negative IBIT for the first 2 - 3 years of the project.  We have proposed that Halliburton structure the expenses such that they come in over a 5 - 10 year period so we don't have this negative IBIT flow in the first years, however, Halliburton has not been interested and has proposed a 30% finance charge for this structure.

What would be the appetite for possibly pre-paying a majority of these costs in '01 to avoid the negative '02 and '03 earnings impact or is there an Enron company that would finance/extend the expense payments.  This is a great project that we should do, however, it is difficult given the negative earnings impacts in the first couple of years.  Got any ideas to handle this financial hurdle??????

Year		Expense		Revenue		Net
'01		   ($173,000)		     -0-			  ($173,000)
'02		($2,420,000)		   $300,000		($2,120,000)
'03		($2,250,000)		$1,290,000		   ($960,000)
'04 and		       -0-			$2,055,000/yr		 $2,055,000/yr
forward

Thanks,

Kent


What does "completed" mean?  My first request was to give me access to review all e-mail messages that Mary has received since March 1 through yesterday's date.  I asked if they could be transferred to my mail box to simplify my review process.  Has this been done?  I don't see any new messages that have been transferred from Mary's mail box to mine.  --Sally

From:	Cyndi Wulfson/ENRON@enronXgate on 04/05/2001 10:21 AM
To:	Sally Beck/HOU/ECT@ECT
cc:	Gary Bode/ENRON@enronxgate, Beth Apollo/ENRON@enronXgate, Hector McLoughlin/ENRON@enronXgate
Subject:	FW: FW: Access to Mary Solmonson's e-mail

fyi...

 -----Original Message-----
From: 	Enron Messaging Administration/Corp/Enron@ENRON [mailto:IMCEANOTES-Enron+20Messaging+20Administration_Corp_Enron+40ENRON@ENRON.com]
Sent:	Thursday, April 05, 2001 10:16 AM
To:	Wulfson, Cyndi
Subject:	Re: FW: Access to Mary Solmonson's e-mail

Completed.

From:	Cyndi Wulfson/ENRON@enronXgate on 04/04/2001 02:57 PM
To:	Tracey Tripp/ENRON@enronxgate, Enron Messaging Administration@Enron
cc:

Subject:	FW: Access to Mary Solmonson's e-mail

 -----Original Message-----
From: 	Beck, Sally
Sent:	Wednesday, April 04, 2001 2:28 PM
To:	Bode, Gary; Wulfson, Cyndi
Cc:	Beth Apollo/HOU/ECT@ENRON; McLoughlin, Hector
Subject:	Access to Mary Solmonson's e-mail

Mary Solmonson, one of my direct reports, has been out of the office since March 1, 2001 and it is not readily known when she will return to work.  All business related e-mail messages require a prompt response from our business unit.  Therefore, I am requesting your assistance in completing the following tasks:

1)  Grant the necessary access to me to be able to review the incoming e-mails directed to Mary Solmonson since March 1, 2001 through today so that I can determine which ones require a business response that I can handle.   Can these be transferred to my e:mail as a simplified way for me to complete this review?

2) Effective immediately, please create an automatic message for Mary's e-mail box that states "I am out of the office.  All e-mails are being forwarded to Vanessa Schulte for response."

3)  Effectively immediately, please route any new incoming e-mail messages to Vanessa Schulte's mail box.

  Thanks in advance for your help on this matter.


WinInstall Will Run on Friday

A WinInstall screen will appear during your login on Friday, January 12,
2001.

WinInstall will then make updates to your computer including:
McAfee anti-virus software update

The WinInstall process will take approximately 1 minute to complete.  A bar
showing percentage of completion is displayed during the process.  Please
note that during the update, you should not disturb the machine.  Doing so
will only slow the update.

If you have any questions, please call the GPG Solution Center

                        ET&S Help Desk - 713-345-GPG5


Hello, everyone.

No need to work on Canary any more -- it is off.  I would suggest that you
save your work in the event that it is revived, but it doesn't look like it
is going to happen any time soon.

Michelle


Sara, my name on the contact list is misspelled, could you please change it to Elena Chilkina.

Thanks,
Elena

Elena E. Chilkina
Enron Americas
713.853.4305

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Thursday, February 14, 2002 1:54 PM
To:	Barbe, Robin; Chilkina, Elena; Dicarlo, Louis; Garza, Maria; Rostant, Justin; Tian, Yuan; Bailey, Susan; Boyd, Samantha; Panus, Stephanie; Sevitz, Robert; 'gregory.asaf@us.pwcglobal.com'
Subject:	short contact list

 << File: Gas Parties list.doc >>

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


---------------------- Forwarded by John J Lavorato/Corp/Enron on 05/10/2000
02:01 PM ---------------------------
From: Ted Murphy@ECT on 05/08/2000 12:44 PM
To: John J Lavorato/Corp/Enron@Enron, John Sherriff/LON/ECT@ECT
cc:

Subject: Authorized Traders

Gentlemen (and I use the term loosely!):
Now that you have been duly authorized by the COO and CRO of Enron to have
global risk responsibility, you need to authorize the individual responsible
for each individual commodity group delineated in the Risk Management
Policy.  I took the liberty of making a stab at it for you.  Please review
attachment and let me know if you have  any changes.  If ok, I will forward
to you for your signature and on to Rick Buy to make official.  These
individuals will then be responsible for designating those that can transact
on their behalf.
Any questions, please call me asap.
Ted x3-3324


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                OCTOBER 23, 2001

Notice ID: 3202
5 - NO RESPONSE REQUIRED

SUBJECT: CAPACITY UPDATE EFFECTIVE FOR WEDNESDAY, OCTOBER 24, 2001

                   NO CHANGES FROM THE PREVIOUS DAY

Effective Wednesday, October 24, 2001, capacities will be as follows:

Excess MDWQ              Available +
ISS Withdrawals          Available
SIT Withdrawals          Available
Imbalance Drawdowns      Available

Excess MDIQ              NOT Available +
ISS Injections           NOT Available
SIT Injections           NOT Available
Imbalance Paybacks       NOT Available

PAL Lends/Unparks        Available
PAL Parks/Loan Paybacks  NOT Available

+ Call Gas Control 24 hours in advance at (304) 357-2606 to request approval.

Non-firm receipt capacity will be as follows:

TENNESSEE:

Brinker (B12)            20,000
Broad Run (B9)          300,000
Cambridge (B10)          20,000
Dungannon (B11)          20,000
Highland (B17)           15,000

NOTE: GAS RECEIVED AT HIGHLAND MUST BE DELIVERED IN THE NORTHERN PORTION OF
MARKET AREA 38 OR THE NORTHWEST LATERAL OF MARKET AREA 36, DIRECTLY NORTH OF
HIGHLAND.

Milford (B18)            20,000
North Greenwood (B22)         0
Unionville (B15)         50,000

NOTE:  EFFECTIVE THURSDAY, AUGUST 16, 2001, ANY SHIPPER UTILIZING A CONTRACT
THAT HAS A PRIMARY RECEIPT POINT(S) WITH THE FOLLOWING POINTS, MUST UTILIZE
THESE POINTS:

         Brinker       (B12)
         Cambridge     (B10)
         Dungannon     (B11)
         Highland      (B17)
         Milford       (B18)
         Unionville    (B15)

TEXAS EASTERN:

Delmont (C16)                 0
Eagle (C22)              20,000
Hooker (C9)              20,000
Pennsburg (C23)          20,000
Windridge (C12)          20,000

NATIONAL FUEL:

Independence (M1)             0
Ellwood City (L1)        15,000

TRANSCO:

Downingtown (E3)          2,500
Emporia I (E13)          60,000
Rockville (E2)                0
Dranesville (E1)              0

ALGONQUIN:

Ramapo (R1)              75,000

ANR:

Paulding/Cecil           30,000
(F1, A2)

LEBANON AGGREGATE       100,000
(A4, F2, C4, D3)

TOLEDO AGGREGATE        100,000
(A3, F4, 734462)

COLUMBIA GULF:
(801)

TCO-Leach               700,000

Internal point non-firm capacity will be as follows:

Lanham                No Restrictions

Delivery capacity (non-firm) will be as follows:

TRANSCO:

Martins Creek            10,000
  (MLI E5)
Young Woman's Creek      10,000
  (MLI E9)

ALGONQUIN:

Hanover                       0
  (MLI R2)

EQUITRANS:

Fallen Timber            31,000
  (MLI K1)

Waynesburg-Rhinehart     20,000
  (MLI K2)

OPT-30 will be available in all market areas.
OPT-60 will be available in all market areas.

Market Area delivery capacity (non-firm) will be as follows:

Operating Area 1
     Market Area 33       No Restrictions
     Market Area 34       No Restrictions

Operating Area 2
     Market Area 20       No Restrictions

Operating Area 3
     Market Area 15       No Restrictions
     Market Area 16       No Restrictions
     Market Area 17       No Restrictions
     Market Area 18       No Restrictions
     Market Area 19       No Restrictions

Operating Area 4
     Market Area 21       No Restrictions
     Market Area 22       No Restrictions
     Market Area 23       No Restrictions
     Market Area 24       No Restrictions
     Market Area 25       No Restrictions
     Market Area 29       No Restrictions

Operating Area 5
     Market Area 02       No Restrictions
     Market Area 07       No Restrictions

Operating Area 6
     Market Area 10       No Restrictions
     Market Area 11       No Restrictions
     Market Area 12       No Restrictions
     Market Area 13       No Restrictions
     Market Area 14       No Restrictions

Operating Area 7
     Market Area 01       No Restrictions
     Market Area 03       No Restrictions
     Market Area 04       No Restrictions
     Market Area 05       No Restrictions
     Market Area 06       No Restrictions
     Market Area 08       No Restrictions
     Market Area 09       No Restrictions

Operating Area 8
     Market Area 26       No Restrictions
     Market Area 27       No Restrictions
     Market Area 32       No Restrictions
     Market Area 35       No Restrictions
     Market Area 36       No Restrictions
     Market Area 38       No Restrictions
     Market Area 39       No Restrictions
     Market Area 40       No Restrictions

NOTE:  GAS DELIVERED IN THE NORTHERN PORTION OF MARKET AREA 38 OR THE NORTHERN
PORTION OF MARKET AREA 36 MUST BE RECEIVED FROM TENNESSEE GAS PIPELINE AT
HIGHLAND.

Operating Area 10
     Market Area 28       No Restrictions
     Market Area 30       No Restrictions
     Market Area 31       No Restrictions

If you have any questions, please contact your Account
Representative.