Start Date: 1/19/02; HourAhead hour: 7;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011907.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
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


Call me Hussy!  I got questions.


Start Date: 4/25/01; HourAhead hour: 6;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042506.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 6 / Preferred: -575.00 / Final: -574.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/25/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


That is actually the report I'm having problems with. The old EOL JF report
on your desktop has somehow been replaced by the new stage version. It's
trying to pull information from the C drive, which does not exist on terminal
server. Nicolay is working with me to try to figure out why, but most likely
they'll have to put the stage version into production in order for me to run
this report again.

Thanks for the suggestion,
Kate

Carla Hoffman
01/04/2001 07:09 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: EOL Summary - Still Under Construction

Kate,

If you log in as myself, you can pull up the EOL JF Report that you were
using originally.

Carla

   Kate Symes                01/03/2001 05:42 PM

To: Monica Lande/PDX/ECT@ECT, Valarie Sabo/PDX/ECT@ECT, Fran
Chang/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Mike
Swerzbin/HOU/ECT@ECT, Matt Motley/PDX/ECT@ECT, Tom Alonso/PDX/ECT@ECT, Mark
Fischer/PDX/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Diana Scholtes/HOU/ECT@ECT,
Jeff Richter/HOU/ECT@ECT, Carla Hoffman/PDX/ECT@ECT, Phillip
Platter/HOU/ECT@ECT, Chris Mallory/PDX/ECT@ECT, Michael M
Driscoll/PDX/ECT@ECT, Jeremy Morris/PDX/ECT@ECT, Bill Williams III/PDX/ECT@ECT
cc:
Subject: EOL Summary - Still Under Construction

I'm continuing to work with IT in Houston in an attempt to restore the EOL
Report to its former glory. They are making several changes to the report
which seem to result exponentially in glitches. As of right now the
application will not create any kind of file with any kind of data; hence the
absence of any kind of report. I will keep you informed of our progress.

Thanks for your patience,
Kate


For this list of amends, my comments mean:

Cinergy-already had them open for financial & power, Credit's changes should
have no impact on my prior approvals.
Dynegy Power Marketing-shut them down for financial (& Argentina gas)
Nui Energy Brokers-already had them open for all financial, OK with Credit's
changes.


FYI

 -----Original Message-----
From: 	Windle, Bill
Sent:	Wednesday, January 23, 2002 9:59 AM
To:	Tawney, Mark; Hendry, Brent
Subject:	Blackstone Review

Mark/Brent,

Please review the attached and comment.

Btrent...would you please forward an updated list of those counterparties who have terminated their contracts...thanks.

Bill


I strongly disagree

"If it is impossible to reach an agreement within ABRADEE",, then we should
be loud an clear in expressing our own view, to all levels of government
including a position paper to  Pedro Parente asap.  Caps at this point in
time may jeopardize the rationing plan per se. We had a victory in anchoring
the penalties to the MAE price. Why surrender it now?

Why do we have to abide by ABRADEE's desires?

This is not a religious issue only.  There are a few US$ million left on the
table.

How many US$ million are on the table for Enron?

 - Ballpark, possibly  US$20f or Elektro's long position  (60 in EBITDA *
(680-460)/680)
 - A lot, lot more for Eletrobolt (perhaps to the point of killing the
project, as Joao Albuquerque stated)

Are we being consistent? About a week ago, we submitted our views to ANEEL,
on Public Hearing 02/2001, advocating for an increase in the cost of defict
to US$ 2350/MWh. The trading group (Remi, David) were adamant about this
position submitted by Regulatory Affairs (I think they are right)

Are we acting to the best interest of our shareholders?

LM

Joao Carlos Albuquerque
05/20/2001 11:40 AM
To: jmazon@elektro.com.br, Orlando Gonzalez/SA/Enron@Enron, Sergio
Assad/SA/Enron@Enron, Luiz Maurer/SA/Enron@Enron, Fred Sampaio/SA/Enron@Enron
cc: Britaldo Soares/SA/Enron@Enron, Brett R Wiggs/SA/Enron@Enron

Subject: CAP no MAE

Algumas empresas de distribui??o short em 02 e 03 est?o defendendo fortememte
CAP no MAE,  bem abaixo do custo do d,ficit ( cerca de R$ 680). ( CERJ,
Cataguases, LIght est? em cima do muro, etc...)

Se for inevit?vel, nossa posi??o deve ser:

 - N?O PODE SER INFERIOR AO PRE_O PRATICADO NO PRE-RACIONAMENTO ( R$ 460,00 )
 - N?O PODE SER INFERIOR ? MAIOR TARIFA COBRADA DOS CONSUMIDORES  ( TROS
VEZES A TARIFA RESIDENCIAL  ATUAL - 200% SOBRE A MESMA, PARA CONSUMOS ACIMA
DE 500 KWh POR MOS) .

Mazzon, calcule a ordem de grandeza deste valor. _ importante termos isto em
mente quando formos falar com as autoridades amanh? e, em especial com Mauro
Arce.

Lembrar, ainda, que um CAP baixo, sem FLOOR, pode matar ELETROBOLT, uma vez
que as receitas que esta auferiria em 2002 n?o compensariam o decr,scimo das
mesmas de 2003 em diante, quando, com a redu??o de mercado devido ao
racionamento e o aumento de entrada de novas fontes de gera??o, tamb,m
incentivada pelo racionamento, poder? derrubar fortemente os pre?os do MAE.
N?o devemos nos esquecer que o per?odo de amortiza??o de ELETROBOLT , de
cinco anos.

Jo?o Carlos


Ken, Jeff , Joe & Cliff,

This is a copy a note I sent to PR(Steve Kean & John Ambler), IR(Mark Koenig)
and Enron India(Sanjay Bhatnagar & Jimmy Mogal) regarding our internal
announcement to  EGEP/EOGIL employees in Houston and India on October 13,
2000.

On Friday (last night Houston time) we announced to employees Enron's
decision to sell Enron Oil & Gas India Ltd. (EOGIL), our subsidiary that owns
a 30% interest in the Panna, Mukta and Tapti concession areas.    We now have
bankers involved and a data room is being prepared in Houston which  made it
extremely difficult to keep the deal quiet any longer.  There were numerous
rumors circulating through the office, but the reality of the announcement
was still a shock to most of the employees in India and Houston. Basically we
said the following:
 1) Selling assets or companies is a routine part of Enron's strategy to
redeploy capital in the higher return opportunities.  The company has
exposure to a number of tremendous opportunities today that were not
envisioned even twelve months ago.  In line with this strategy, we are
placing EOGIL in the market.
 2) Depending on the success of finding an acceptable buyer for EOGIL,  we
will be reviewing the balance of our portfolio for transfer to other Enron
entities or for sale as separate packages.  We anticipate closing the EOGIL
transaction and rationalizing the remaining portfolio by March 31, 2001.
 3) Pending the success outlined in item #2, we will eliminate Enron Global
E&P as an Enron business unit on March 31, 2001.
 4) We announced some interim staff changes to facilitate the process.
  a) Jeff Sherrick would re-focus his time largely on the sale process
  b) Mike Stewart will be responsible for all India activity except the sale
process
  c) Steve Harper will be responsible for EGEP's sale activity and
coordination with our bankers and Corporate Development
 5) Commented on the potential impact to employees in general terms.  We told
them it was pre-mature to outline all of the possibilities until we signed a
PSA with a buyer.  However, in general, there is a good likelihood that many
people will either have opportunities for future employment with the buyers
or through redeployment within Enron.  Those people that do not remain with
the assets or are not redeployed in Enron will be involuntarily terminated
March 31, 2001 unless they are needed to close a transaction or to provide
transition services to a buyer.

I would like to keep this as low-keyed as possible.  Last year when we were
for sale there were not a lot of comments, but you never know.  If anyone in
the media picks up on this I would expect it to happen early next week.  Mike
Stewart is currently in India in the Mumbai office (01191228395841) and can
be reached at the Mariott after-hours(01191228577878).  He is fully briefed
on our position regarding the activities within EGEP and EOGIL.  Mike will be
traveling offshore and to Baroda over the weekend and on Monday.  I will be
available all weekend and next week at the following numbers; (work)
713-853-5934, (home) 281-320-2198, (cell) 713-569-4713.  I would suggest
talking with Mike or I before making any comments to the media if possible.

This afternoon I notified our partners and the Gov't of India of our
intention to market our assets.  I will be making a trip to India soon to
visit with the appropriate people in these organizations within the next two
weeks.  While I wouldn't expect this to happen, please refer any inquiries
from our partners (ONGC and Reliance) or the GOI to Mike or me.  As you might
expect, we want to be careful and consistent in our message to these
groups.

I will keep you informed regarding any changes to the above.  If you have any
questions, contact me at the above numbers.

jeff


Hi Anjam,

Thanks for the info.

I'm afraid that one thing I don't know is precisely how to build
S:\Research\Exotica\Excel\Exotica.xla  from the code you sent me.
Could you send me instructions?

Also as you are very busy and away from your desk could you set up your lotus
notes
calendar so  Mary Ward and Joe Kelsey
permission can see your calendar  so I can get in touch with you if anything
comes up. They can both see my calendar.

Thanks,
Sharad

	Enron Europe

	From:  Anjam Ahmad                           17/10/2000 11:37

To: Sharad Agnihotri/LON/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Zimin
Lu/HOU/ECT@ECT, Dale Surbey/LON/ECT@ECT

Subject: Exotica.xla

In answer to your questions.

Anjam
---------------------- Forwarded by Anjam Ahmad/LON/ECT on 17/10/2000 09:20
---------------------------

	Enron Europe

	From:  Sharad Agnihotri                           16/10/2000 13:59

To: Anjam Ahmad/LON/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Dale
Surbey/LON/ECT@ECT, Tani Nath/LON/ECT@ECT, Steven Leppard/LON/ECT@ECT

Subject: Exotica.xla

Hi Anjam,

I have quite a few questions/requests regarding the exotics libarary:

1)Could you e-mail me instructions for building/compiling
S:\Research\Exotica\Excel\Exotica.xla
Also if there is any more source code that I need please could you e-mail me
that.

YOU HAVE ALL THE CODE (C & VBA) THAT MAKES UP THE LIBRARY NOW - PLEASE SEE
PREVIOU E-MAILS

2)Also could you e-mail me documents on the changes you have made to
S:\Research\Exotica\Excel\Exotica.xla

CHANGES ARE DOCUMENTED THROUGH ATERATIONS TO COMMENTS ON INDIVIDUAL SOURCE
CODE FILES AS IS THe CURRENt METHOD IN HOUSTON AND As ADOPTED BY ME IN
LONDON  - VERSION CONTROL OCCURS AT THE INDIVIDUAL FILE LEVEL RATHER THAN
THROUGH SOIURCE SAFE

3)The exotica.xla used in London and exotica.xll used in Houston are quite
different. What regression testing has been done?
How do we know if the two versions that we have been using produce the same
results.

I HAVE NOT RECENTLY COMPARED THE XLL FROM HOUSTON WITH OUR XLA - THIS WOULD
BE A USEFUL EXERCISE FOR YOU

4)Judging from the documentation there are quite a few more functions
available on the Houston Exotica
like Asian spreads, quantos, digitals etc. Is there any reason why they have
not been implemented in London's exotica.xla?

MAINTENANCE AND UPGRADES TO LONDON EXOTICA TO ENSURE COMPATABILITY WITH
HOUSTON AND VICE VERSA IS AN ON-GOING PROCESS - INEVITABLY THERE WILL BE SOME
LAG BETWEEN A NEW MODEL BEING IMPLEMENTED IN HOUSTON AND IN LONDON, AS IS THE
CASE WITH ASIAN SPREADS AND DIGITALS.  QUANTOS ARE ALREADY AVAILABLE - SEE
VBA CODE.

Thanks in advance,
Sharad


HOEGH GALLEON, DATE:	03-06-01	12:00	14:00	(UTC)
A) Position at noon:	N	26 44	W	053 25
B) Dist. From last noon:	468	nm
C) Dist. To go to next port:	2363	nm
D) ETA next port:	LAKE CHARLES	9th 04hrs	LT
E) 1: Average sea/wind	Sea:	var 2	Wind:	1
    2: Average speed	18.72	kn	RPM:	92.08
    3: BOG 	229.9	m3
    5: F.O Consumed	41	m3
    6: G.O. Consumed	0	m3
    7: Average vapor press		Average liq. Temp:
Tk1:	0.126	bar	-158.22	?C
Tk2:	0.124	bar	-158.27	?C
Tk3:	0.124	bar	-158.31	?C
Tk4:	0.122	bar	-158.3	?C
Tk5:	0.128	bar	-158.27	?C

Brgds Knut Bentzr?d
Master LNG/C "Hoegh Galleon"

E-mail: master.gall@hoegh.no
Teleph: Inmarsat tel.no. 330853910
Fax   : Inmarsat fax no. 330853913
Telex : Inmarsat B telex no. 330853915
Telex : Inmarsat C telex no. 430853910 (24hrs.watch)


----- Forwarded by Steven J Kean/NA/Enron on 02/02/2001 06:02 PM -----

	Expense Server@Enron_Development
	01/31/2001 01:42 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: <<Concur Expense Document>> - RS012201

The following expense report is ready for approval:

Employee Name: Richard Shapiro
Status last changed by:  Automated Administrator
Expense Report Name: RS012201
Report Total: $8,299.73
Amount Due Employee: $8,299.73

To approve this expense report, click on the following link for Concur
Expense.
http://nahou-wwxms01p


Will return to the office on Tuesday, May 8th.  Please forward urgent messages to Justin Folloder (justin.folloder@enron.com).  Thanks.


MEMORANDUM

TO: Regulatory Affairs Committee
       Power Marketers Working Group

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

DATE: March 26, 2001

RE: EPSA Draft Comments on FERC Order Removing
      Obstacles
      ? Conference Call on Wed., March 28th at 2:00 p.m. (EST)
      ? Filing Due on Friday, March 30th

On March 14, 2001, FERC issued an "Order Removing Obstacles To Increased
Electric Generation And Natural Gas Supply In the Western United States And
Requesting Comments On Further Actions To Increase Energy Supply And Decrease
Energy Consumption" (Order).  The Order announced certain actions the
Commission is taking to promote electric generation supply and delivery in
the United States' portion of the Western Interconnection, requesting
comments on those and other, related proposals by March 30th.

Attached are EPSA's draft comments in response to the Commission's Order.  As
discussed on the last conference call, we endorse many of the Commission's
proposals, although stressing that infrastructure investment and seamless
regional markets are the ultimate solutions to California's problems.  We
also encourage the Commission to take additional steps to allow QF sales into
the market.

Please review the attached draft and forward any comments or suggestions to
Julie Simon at EPSA at 202-628-8200 or jsimon@epsa.org as soon as possible.
We will discuss the draft comments on our conference call this Wednesday ,
March 28th, at 2:00 p.m. (EST). To access the call, dial 1-800-937-6563.  Ask
for the Julie Simon/EPSA Call.

Attachment

 - FERCOrderWestSupplyComments3-22.doc


There are 2 sheets in the following attachment that contain Enron transactional data for the Intercontinental Exchange (ICE) and Dynegy Direct, labeled as follows:
"Enron Activity - Dynegy Direct"
"Enron Activity - ICE"

Note: Total activity for Dynegy Direct is not available, therefore Enron's Percentage can not be calculated.

Let me know if you have any questions or comments.

Adam Johnson
EnronOnline
713-345-4877

<Embedded Picture (Device Independent Bitmap)>


-----Original Message-----
From: sean.doherty@ey.com [mailto:sean.doherty@ey.com]
Sent: Tuesday, February 26, 2002 10:11 AM
To: Parks, Joe
Cc: jeffrey.d.benton@us.pwcglobal.com
Subject: Peoples curve

all curves are for physical deals as of 2/13

 basis curves :

CHI/N/BORDER
NGI/CHIGATE

Index

Peoples

NGI/CHI/PEOPLE
CHI/N/BORDER

NORTH SHORE

NGI/CHI/WILLCO
NGI/CHIGATE

I realize it may be difficult to get each of these but anything you could
get would be appreciated.

thanks

Sean

-*-*-*-*-*-*-*-*-*-*-*-*-*
Sean Doherty
wk 212 773 8195
fax 212 773 5481
-*-*-*-*-*-*-*-*-*-*-*-*-*

______________________________________________________________________
The information contained in this message may be privileged and
confidential and protected from disclosure.  If the reader of this message
is not the intended recipient, or an employee or agent responsible for
delivering this message to the intended recipient, you are hereby notified
that any dissemination, distribution or copying of this communication is
strictly prohibited. If you have received this communication in error,
please notify us immediately by replying to the message and deleting it
from your computer.  Thank you.  Ernst & Young LLP


FYI,

Starting on the 20th (traded today), all of the residential load requirements for California will begin rolling off, with the last day of roll-offs on July 20.  At this point, EES will no longer have a residential load commitment.  This will amount to an average of 12 to 13 MW per hour that will be rolled off.  Please let me know if you have any questions.  Thanks.

Michael D. Spruiell
Analyst
Commodity Risk Management
Load Forecasting Desk
Office: 713-345-8644
Pager: 877-408-1373


I did speak with Ana Soria.  Her only concern was the legal opinion.  I faxed
her the format for the legal opinion and attached a cover sheet which
indicated that ENA must receive the executed opinion by the close of business
on December 29.  I've attached a copy of the fax cover sheet.  Also, Joe
Hunter has added the "Automatic Termination" provision into the
confirmation.  Have a happy holiday.  Sara


I love you and although I am seemingly incorrigible, I listen to your criticisms.
By now you should know that you can trust me through thick and thin.
Besides, you told Josh 2 weeks ago that you liked being with me, despite
our stubborn differences. I listened to you then also.
Let's get real, over the long haul, we have too much in the way of common
interests, beliefs, and interesting times. I think we should just invoke a pact
to talk more without getting angry. We are not moving yet. When we leave
Houston, we are leaving together, so unpack your UHaul.
Love,
Jason

P.S. Also, I expect you to do some holiday visiting with me,
and vice versa.


Per Tana's e-mail dated June 9, 2000,  I have not receive a fax copy of the
executed  Confidentiality Agreement from Continental in connection with the
above-referenced entity.  Unfortunately, I will be in training all day
tomorrow.  I am requesting that you also forward  a fax copy of the executed
Confidentiality Agreement to Mark Taylor  for his initials and for signing by
either Louis Kitchen or Andy Zipper.

If you have any questions, please contact Mark Taylor at extension 37459.

Your attention to this matter is greatly appreciated.

SAM-


My details to Bill Bradford...
---------------------- Forwarded by Sally Beck/HOU/ECT on 10/18/2000 10:40 PM
---------------------------

	Enron North America Corp.

	From:  Sally Beck                           10/18/2000 10:16 PM

To: William S Bradford/HOU/ECT@ECT
cc:
Subject: October 23 Speaking Engagement

Thanks in advance for agreeing to speak at the Global Operations Controller
Forum.  There will be approximately 30 Enron business controllers present at
the meeting.  All have responsibility for mid and back office operations for
the following Enron entities:  Enron North America, Enron Europe, Enron South
America, Enron Global Markets, Enron Industrial Markets, Enron Broadband
Services and Enron Energy Services.  Attendees will be here from Houston,
Calgary, Tokyo, Sydney, London and New York (metals business).

Attached for your reference is the agenda. There may be some slight changes
before the forum begins, but this will give you a good idea of the topics to
be covered and the other speakers who will address the group.

You are scheduled to address the group as follows:

Date:  Monday, October 23, 2000
Time:  4:00 pm
Place:  The Warwick Hotel
  The Versailles Room - 12th Floor
  5701 Main Street
  Houston,  TX  77005

I have noted that your topic will be assessing, measuring and managing credit
risk.  Any references that you could make to the importance of information
flow between credit and operations would be great to cover.  Feel free to
offer up a challenge to the group.

I am glad that you will be able to join us for the tour of Enron Field and
for dinner at Ruggles Center Field Terrace on Monday evening.


boone just called me @ work.  he's drumming up support for a trip to br for the ole miss game.  i thought about it and it does seem like it will be a good time.  LSU + OLE MISS = lots of hot chicks.  what do you think?

ckl

-----Original Message-----
From: Lenhart, Matthew
Sent: Thursday, October 25, 2001 4:37 PM
To: Landry, Chad; Blanchard, Timothy
Subject: FW: Texas Monthly November 2001: How Enron Blew It

-----Original Message-----
From: Gay, Randall L.
Sent: Thursday, October 25, 2001 4:22 PM
To: Tholt, Jane M.; South, Steven P.; Lenhart, Matthew; Ermis, Frank; Kuykendall, Tori; Reitmeyer, Jay
Subject: FW: Texas Monthly November 2001: How Enron Blew It

-----Original Message-----
From: Smith, George F.
Sent: Thursday, October 25, 2001 4:16 PM
To: Gay, Randall L.
Subject: FW: Texas Monthly November 2001: How Enron Blew It

-----Original Message-----
From: Lessor, James N.
Sent: Thursday, October 25, 2001 3:18 PM
To: Smith, George F.
Subject: FW: Texas Monthly November 2001: How Enron Blew It

-----Original Message-----
From: Lessor, Mary
Sent: Thursday, October 25, 2001 11:00 AM
To: Lessor, James N.
Subject: FW: Texas Monthly November 2001: How Enron Blew It

-----Original Message-----
From: Patel, Tania
Sent: Thursday, October 25, 2001 10:41 AM
To: Acevedo, Felecia; Aguilar, Christa; Aulds, Sharon; Brown, Aaron (Executive Comp); Bryant, Dana; Butler, Pam; Carrera, Susan; Etienne, Bernadette; Garcia, Susan; Ivy, Jason; Lessor, Mary; Ratcliff, Renee; Shealor, Bob; Skarness, Susan; Ward, Cindy R.; Wright, Teresa
Subject: FW: Texas Monthly November 2001: How Enron Blew It

  <http://images.clickability.com/eti/spacer.gif>	  <http://images.clickability.com/eti/spacer.gif>
 	 Texas Monthly <http://www.texasmonthly.com>	   <http://images.clickability.com/logos/cc0000/emailthis-logo.gif>

  <http://images.clickability.com/eti/spacer.gif>

  <http://images.clickability.com/eti/spacer.gif>

 	 Click the following to access the sent link:

 	   <http://images.clickability.com/partners/989/etIcon.gif>Texas Monthly November 2001: How Enron Blew It <http://texasmonthly.emailthis.clickability.com/et/emailThis?clickMap=viewThis&etMailToID=1882864300>

 	 SAVE THIS link <http://texasmonthly.savethis.clickability.com/st/saveThisPopupApp?clickMap=saveFromET&partnerID=989&etMailToID=1882864300>	 FORWARD THIS link <http://texasmonthly.emailthis.clickability.com/et/emailThis?clickMap=forward&etMailToID=1882864300&partnerID=989>

Please note, the sender's email address has not been verified.

Get your EMAIL THIS Browser Button and use it to email information from any Web site.	  <http://texasmonthly.emailthis.clickability.com/et/emailThis?clickMap=browserButtons>

	  <http://images.clickability.com/eti/spacer.gif>


Below are the main features of the Sponsorship contract drafted by World
Advisory Today (WAT) to be executed with Enron.
1.- Enron must pay Mexican pesos 100,000 plus VAT
2.- Enron will obtain:
2 banners (one in the main conference room, another in the dinning room)
presence in the attendants' folders, in the conference program, in the
conference's diskette sheath and in the advertisement conference posters.
2 tickets
3.- WAT will decide where to install and the exact print of Enron's
Industrial Property (what we wish to publish an advertise in the conference,
I assume it is our logo).
4.- WAT is bound to protect Enron's Industrial Property
5.- The contract will expire on August 8, 2001 (last day of the conference).
Perhaps we should claim to include the word "inclusive" after the expiration
day.
6.- (clause or term invalidity); 7.- (waiver & force major); 8.-
(notifications); and 9.- (rights transfer forbidden) are formal sections,
usual in many contracts. I do not find anything unfair in them; however, I do
not know if they are acceptable to our attorneys.
10.- The contract will be interpreted according to Mexican Laws. In case of
conflict, parties will be subject to Mexico City Justice.
I doubt our lawyers accept to be subject to other country's Justice (unless
there is an exemption due to the small contract amount).

Please let me know if you want a further analysis
Guille


Start Date: 1/18/02; HourAhead hour: 7;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011807.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
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


what does sp mean?


The TNRCC Sunset legislation,  including the grandfather provisions, has been
sent to the Governor and will likely be signed. I am providing a quick
summary of this bill since you may be discussing it next week in Houston. I
will be attending a TXOGA pipeline committee meeting on June 5 where it will
be discussed in detail, and will provide more information after that meeting.

The Bill divides the state into two regions. East Texas is all counties east
of I-35 (north of San Antonio) and north of I-37 (south of San Antonio) that
transverse these highways. This region includes Nueces County. West Texas is
the rest of the state.

In East Texas, you must apply for a permit for grandfathered emission sources
by September 1, 2003 and comply with the permit by March 1, 2007. In West
Texas you must apply by September 1, 2004 and comply with the permit by March
1, 2008. The control requirements in the permit, except for pipeline
reciprocating engines, will be based on 10-year old BACT.

There are specific provisions for pipeline reciprocating engines. In East
Texas, 50% reductions of NOx and VOC will be required. In West Texas, 0% to
20% reductions of NOx and VOC will be required. You will have the flexibility
to attain these reductions on a per engine basis or can average over multiple
engines. A $16.2 million fund has been established by Reliant to partially
finance the cost of compliance with the pipeline engine requirements in East
Texas.

As you are aware, the cost impact of this legislation can be greatly reduced
by "authorizing" as many grandfathered emission sources as possible under old
standard exemptions as per the October 3, 2000 letter from TNRCC. Most
grandfathered engines, tanks, dehys etc. can be authorized via old
exemptions. Previously TNRCC indicated verbally that this method of
authorizing grandfathered sources would be available until September 1, 2001,
but TNRCC can change this date (move it up or move it back).


Please let me know if this format is accessible and useful for you. I know
some of these deal changes aren't relevant to your calculation discrepancies,
but I included everything just in case. If you'd like it pared down or beefed
up, don't hesitate to ask. Thanks for your patience.


We have received an executed Master Agreement:

Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:   December 6, 2000

Enron Entity:   Enron North America Corp.

Counterparty:   Merit Energy Partners X, L.P.

Transactions Covered:  Approved for all products with the exception of:
Foreign Exchange

Confirming Entity:  Enron North America Corp.

Governing Law:   Texas

Copies will be distributed.

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com


Date      October 25, 2001
    Time      07:00 AM - 08:00 AM
    Station   CNBC
    Location  Network
    Program   The Squawk Box

              Mark Haines, co-anchor:

              Joe Kernen, what's going on?

              Joe Kernen, co-anchor:

              We've got to shift gears into this Enron situation which
              has just been--you've been talking about it quite a bit,
              David--how could you not talk about it?  Seventy-six
              million shares yesterday, down fifty percent in the last
              two weeks.  This is a company with--what?--a hundred
              million in revenues.

              James Cramer, guest market commentator:

              Maybe.

              Kernen:  Yeah, right.  Anyone who does any trading in
              energy apparently, you know, uses Enron Online, so anything
              that destabilizes Enron to a great extent could destabilize
              the whole energy trading arena and...

              Cramer:  Go ahead, say it!  Say what you're thinking!  No
              one has said it yet.  We know the truth.  We believe that
              Enron caused a national short squeeze.  They knew every
              single number in this gas situation.  They wrecked the
              California utility system and profited from it.  That's my
              bet.  My bet that this--they had--look, they were the
              market maker.  Imagine if Instinet knew what you were going
              to be buying and took it ahead of you.  I think they
              cornered the market for electricity for about four months,
              made a huge fortune and now the company is unraveling and
              when someone--when the Justice Department gets in there
              we're going to discover this.

              Kernen:  Let's see what happened...

              Haines:  Now, wait a second...

              David Faber, co-anchor:

              Whoa, whoa, whoa!  The Justice Department, Jim?  Now, is
              that new?  Is that something--

              Cramer:  No, that would be, if I were a prosecutor,
              something...

              Faber:  OK, so they are not being investigated?

              Cramer:  Well, no, I'm actually being a little forward
              thinking.

              Kernen:  The SEC wants documents about the limited
              partnership transactions of Mr.--

              Faber:  Which is very different from what Jim is talking
              about.

              Cramer:  No, I'm saying that this is what, if I were an
              enterprising prosecutor, I would say, Did we have a
              nationwide short squeeze in electricity caused by one
              company that had access to all the screens and knew exactly
              what was happening with the electricity market which then
              wrecked the California utility system, cost the consumer
              billions of dollars, and is now being hushed up?

              Kernen:  Well, let's talk about the actual news.  Here's
              yesterday's trading--

              Haines:  Wait a minute.

              Kernen:  Well, I just want to say that the guy is gone now.
              That's the new news here.  Did you read--did you know that
              Fastow, after four--

              Faber:  Late yesterday.

              Kernen:  Yeah, after four o'clock, Fastow is gone.  What's
              interesting--

              Faber:  He's the CFO--

              Kernen:  But he's a new CFO.

              Faber:  --who benefitted personally from some of these
              off balance sheet partnerships.

              Cramer:  Mark, you know, I'm not on thin ice here, I'm not
              on thin ice.

              Haines:  I just want to make sure we understand that this
              is your theory.

              Cramer:  This is my theory.

              Haines:  OK.

              Cramer:  It is just a theory.  It is my opinion.  But I
              think we've got to find out more about that short squeeze
              that occurred.

              Haines:  OK.

              Cramer:  We need to find out whether it was orchestrated.

              Kernen:  The new CFO might help regain some credibility for
              the company because he was the old treasurer who left that
              position a year or so ago because of some disagreements
              with how Mr. Fastow was doing business apparently.  So now
              he's back as CFO and we'll whether that calms the market
              down.

              Faber:  Well, what they need to do-- Joe, they need to come
              clean.  I mean, that is what all the investors in Enron and
              those who've left the company as investors over this last
              week have wanted.  Let's see everything; be as transparent
              as you possibly can be; tell us exactly what we need to
              know.  And as much as they need to come clean with their
              investors, they need to come clean with their trading
              counterparties because that is really what people are
              concerned about.

              Kernen:  Why is the credit worthiness issue such a big
              deal?  Anyone who does trading with them, if their credit
              worthiness were to go--if their credit rating were to go
              down, how would that affect energy trading?

              Faber:  Well, you want to know that they're going to be
              there on the other side and make good on the trades.

              Kernen:  I guess you would, wouldn't you?

              Faber:  Right.  Not that they aren't, but why would you--if
              you can trade with seven other guys--seven other companies,
              maybe you cut back a little bit on your exposure there.

              Kernen:  Now, why would--

              Faber:  And that would hurt their core business.

              Kernen:  Why are people expecting some type of action from
              the credit agencies, not because of the stock price, right?
              Because of something that could unravel--

              Faber:  Because of something related to these liabilities
              they may have--

              Kernen:  That they don't know about at this point.

              Faber:  --that they may have with regard to funding some of
              these off balance sheet partnerships that they backstopped
              in terms of borrowing that went on at the project level at
              the off balance sheet partnership.  Will it be a liability?
              They don't know.  But that's one of the reasons--

              Kernen:  We're talking hundreds of millions or billions?

              Faber:  They don't know.

              Kernen:  But there were billions of dollars in limited
              partners?

              Faber:  Yes.  About three billion in financing, I think is
              what some analysts estimated.

              Kernen:  This is a pretty big number.

              Faber:  Yeah, they can get to most of that with the assets
              that they have in the partnerships themselves.

              Kernen:  I use a six month chart to show what's happened
              over the last two weeks.  You got to look at here.  But if
              we went back a year, you'd see eighty as far as the high
              for Enron.  Now we're at sixteen.

              Faber:  Everybody else took a hit yesterday.  Dynegy got
              hurt.

              Kernen:  Well, I got Dynegy next.  Don't--  Here we go.

              Faber:  I'm sorry.  I'm getting a little excited.

              Kernen:  You are.

              Faber:  Enthusiastic about your charts.

              Kernen:  There's a weekly chart of Dynegy, and you know
              what's coming next, don't you?  Now I'm worried about the
              utility average.  I've worried about the transportation
              average a lot in my career.  Mark, now the utilities have
              replaced my worries.  I'm angst-ridden.  Did you see this
              chart?  We're breaking below the--

              Cramer:  That's a positive, not a negative, Joe.

              Kernen:  What's wrong with Cramer today?  What happened?

              Cramer:  I'm all fired up!

              Faber:  He really is.  My, God, he's got the DOJ getting
              all crazy, the FBI, the CIA.  You going down to En--you
              going down to Houston yourself?

              Cramer:  I may just have to.  I may have to clean up that
              whole city.

              Kernen:  Jim, why would the--that's the--now getting down
              to the lows, I mean, the other averages have come back
              quite a bit from the post-attack lows, the utilities are
              retesting those.  That's not something to worry about?

              Cramer:  No, because I think there's a lot of money going
              into more cyclical issues.  I think the economy is showing
              signs of getting better.  The consumer is certainly much
              stronger than we thought.  The base book didn't say the
              corporate was strong, but the consumer is strong.  Much
              stronger than before.

              Kernen:  All right.  In the past people have worried about
              the utility averages being a leading indicator, though.  I
              don't--we're talking about four hundred to two-ninety at
              this point.  That's a long way.

              Cramer:  This average has got a lot of problems to it, but
              I still think that--

              Kernen:  It's no longer the--

              Cramer:  --you sell this as safety.  We don't want safety
              as much as we want a little bit more reciprocality.

                        # # #


CALENDAR ENTRY:	APPOINTMENT

Description:
	Stacey Out of Office

Date:		2/5/2001
Time:		1:00 PM - 5:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


The report named: EMW Positions <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=33&report_name=EMW+Positions&category_cd=9&category_name=EMW&toc_hide=1&sTV1=9&TV1Exp=Y&current_efct_date=10/29/2001>, published as of 10/29/2001 is now available for viewing on the website.

(Revision: 2)


Thank you...I think

jane.m.tholt@enron.com on 06/15/2001 11:36:01 AM
To: skean@enron.com
cc:

Subject: 40th Birthday

Hello!  jane.m.tholt@enron.com has just sent you an Egreetings.com card!

To view your greeting, simply click on this pickup window link:

http://www.egreetings.com/view.pd?i=25698485&m=8222&rr=y&source=eg999

If your e-mail doesn't recognize the above address as a link, simply copy and
paste it in your browser address window.
If you need further help, visit our Help pages at
http://egreetings.custhelp.com/.

Your Friends at Egreetings.com


I'm still waiting on David Hunt to send me some stuff, which would really
help move the document along.  I'll ask again if i can get it from him. There
are still internal questions in it, which I have annotated. I'm happy for you
to look at it fairly shortly, especially if you can give definitive
commercial direction.

Do you feel that the commercial team is  finished with the exhibits?  I
haven't worked on them, but I suspect the exhibits need work.  I know the
bogey calc doc is a bit rough. [Rorschach, Reagan]  Exhibits are rough.  I
need to make a list of Exhibits called out in the current doc version, pull
them all together, and clean them up.

Do you still owe me the emergency transmission cut stuff? [Rorschach, Reagan]
  Yes.  I am not exactly sure of the context....but try this on for size:
Clarksdale is subject to an Entergy transmission constraint that from time to
time results in a transmission cut and mandates Clarksdale dispatching their
generation assets to serve Clarksdale Native Load.  Dispatching Clarksdale
assets under these circumstances is known as the first contingency must run
condition.  During first contingency must run conditions, EPMI will document
the production costs, megawatts generated, duration of the event, and lost
opportunity cost of buying from the market.  Clarksdale is due reimbursement
from Entergy for extra costs incurred during such events.

Early next week is better than later, and Thursday and Friday are huge
problem days for me.  When are you thinking of meeting with Beck?  Anyway to
combine the two at once, given the short timeframe? [Rorschach, Reagan]  I
think we could get everyone together at the same time as soon as Monday.  I
want them to have the time to study the document so we can get it all done at
once.

Has Dave signed the extension, by the way? [Rorschach, Reagan]   done,
fedex'ing to MDEA.  Will have faxed copy today.

Kay

From: Reagan Rorschach/ENRON@enronXgate on 05/31/2001 09:59 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: MDEA Agreement Scheduling

Kay,

We are starting to run into some scheduling constraints for next week, at
least with Bob Priest.  I'd like to get together with Bob and Marvin early
next week to discuss the agreement--moving toward finalizing before June 12.
Bob is only available Monday.  Bob and Marvin think it is a good ideal to
then meet with RW Beck.

I'd like to email Marvin and Bob the next version sometime today?

Reagan C. Rorschach
Enron North America
1400 Smith Street
Houston, Texas 77002
713.345.3363


I feel comfortable with these levels for these positions.

-----Original Message-----
From: Hayslett, Rod
Sent: Fri 11/16/2001 2:32 PM
To: Sutton, Lisa; Brassfield, Morris
Cc: Saunders, James
Subject: RE: iBuyit Approvals

Do we want to tighten these up somewhat?

 -----Original Message-----
From:   Sutton, Lisa
Sent:   Monday, October 29, 2001 2:00 PM
To:     Hayslett, Rod
Cc:     Saunders, James; Brassfield, Morris; Arnold, Jeff; Howard, Sheila
Subject:        FW: iBuyit Approvals

Rod,

HR has added 4 new job groups, none which are currently being used by ETS. We are proposing the following ibuyit spend and approve limits for future use of the new job groups in ETS and will need your approval and Stan's before submitting the information to the ISC.

Job Group       Description     Spend Limit     Approval Limit
  23            HR Asso.        $1,000          $0              Consistent with all non-managerial levels
  24            HR Analyst      $1,000          $0              Consistent with all non-managerial levels
  26            Exec VP $2,500          Unlimited       Consistent with Director and above
  27            BU Head $2,500          Unlimited       Consistent with Director and above

Please email approval for you and Stan.
 -----Original Message-----
From:   Arnold, Jeff
Sent:   Monday, October 29, 2001 10:43 AM
To:     Sutton, Lisa
Cc:     Brassfield, Morris
Subject:        iBuyit Approvals

Lisa,

Attached is the Spend/Approvals amounts for the new HR job groups that have recently been created and the most recent HR structure file that I received from Lessa Hutcherson in HR.  I inserted in red the Spend/Approval amounts that we discussed for the new groups.  Currently we have no employees in any of these new groups.

Let me know if you have any questions.

Thanks

Jeff

 << File: iBuyIt Report Request 3.xls >>  << File: ETS Spend_Approval Limits by Job Group 10_29_01.xls >>


Sara:

Thank you for your e-mail.  I attach the revised documents.

 <<BS DRAFT 2(MARKED)1.doc>>  <<BS Final-Clean2.doc>>

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Friday, February 16, 2001 12:19 PM
> To: ameytina@bear.com
> Cc: Clement.Abrams@enron.com
> Subject: Re: Enron Guaranty
>
>
> In Section 5, the third paragraph, the reference prior to the deletion
> should read "the Counterparty" (and not "a Counterparty").
>
> Sara Shackleton
> Enron North America Corp.
> 1400 Smith Street, EB 3801a
> Houston, Texas  77002
> 713-853-5620 (phone)
> 713-646-3490 (fax)
> sara.shackleton@enron.com
>
>
>
>
>                     "Meytina,
>
>                     Anna                 To:
> "'Sara.Shackleton@enron.com'" <Sara.Shackleton@enron.com>,
>                     Confidential         "'clement.abrams@enron.com'"
> <clement.abrams@enron.com>
>                     Memo-Counsel         cc:     "Talento, Scott
> (Exchange)" <STALENTO@bear.com>, "Chernick,
>                     (Exchange)"          Sharon Confidential Memo-Counsel
> (Exchange)" <SChernick@bear.com>,
>                     <ameytina@bea        "Miron, Russel (Exchange)"
> <rmiron@bear.com>
>                     r.com>               Subject:     Enron Guaranty
>
>
>
>                     02/16/2001
>
>                     11:03 AM
>
>
>
>
>
>
>
>
>
> Sara and Clement:
>
> Attached for your review is the revised Guaranty, clean and marked against
> the version dated February 13.
> Please advise if the Guarantee is now in order and, if so, you may proceed
> to have it signed and returned to us.
>
>
> Regards,
>
> Anna Meytina
>
>  <<BS DRAFT 2(MARKED).doc>>  <<BS FINAL_CLEAN.doc>>
>
>
> (See attached file: BS DRAFT 2(MARKED).doc)
> (See attached file: BS FINAL_CLEAN.doc)
> ***********************************************************************
> Bear Stearns is not responsible for any recommendation, solicitation,
> offer or agreement or any information about any transaction, customer
> account or account activity contained in this communication.
> ***********************************************************************
>
>  << File: BS DRAFT 2(MARKED).doc >>  << File: BS FINAL_CLEAN.doc >>

 - BS DRAFT 2(MARKED)1.doc
 - BS Final-Clean2.doc
***********************************************************************
Bear Stearns is not responsible for any recommendation, solicitation,
offer or agreement or any information about any transaction, customer
account or account activity contained in this communication.
***********************************************************************


Wichai,

Thanks,  I have received the paper.

Vince


Tana:  Please provide the following individuals with Lotus Notes access.
Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 05/16/2000 05:40 PM -----

	Melissa Ann Murphy
	05/16/2000 04:44 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Financial Database

Hi Sara, the following three people will need access to the financial
database we were discussing:

Melissa Murphy
Kim Theriot
Rhonda Denton

Thank you,
Melissa


Dax A. Sanders
Associate - Bandwidth Origination
Enron Broadband Services
Work: (713) 853-3864
Cell: (713) 598-7832
----- Forwarded by Dax Sanders/Enron Communications on 08/28/00 01:18 PM -----

	david_kinder@kindermorgan.com
	08/28/00 01:09 PM

		 To: Dax Sanders/Enron Communications@Enron Communications
		 cc:
		 Subject: FW: Senator Hutchison Fundraiser

Please forward this on to Mike and Kevin.  The turnaround time is rather
quick so you probably should contact this person directly to tell him that
you will be coming and sending a check to the address referenced in the
invitation.  Just tell him that you received the invitation from Kara Kinder
Howes (my cousin) and David Kinder.  Kara is one of the hosts of the event.

DK

This is the guy's name.

Joseph A. Manero
Principal
The Ayes of Texas
Political Consulting + Public Affairs
723 Main Street, Suite 922
Houston, Texas 77002
713.526.3566  Voice

-----Original Message-----
From: Kinder, David D.
Sent: Thursday, August 24, 2000 6:48 AM
To: 'marie.l.kinder@pfizer.com'
Subject: FW: Senator Hutchison Fundraiser
Importance: High

-----Original Message-----
From: Katherine Howes [mailto:khowes@bracepatt.com]
Sent: Friday, July 28, 2000 10:38 AM
To: alkinder@att.net; Ben Tobor; jennifer.adam@compaq.com;
catherine_fendrich@dell.com; nkinder@earthlink.net; rtobor@enron.com;
Chutickj@kindermorgan.com; kinderd@kindermorgan.com;
smays@mail.mdanderson.org; Tadam@ppco.com; CGiovanella@rapidigm.com;
Kimberly.Speed@Staples.com; ahowes@trionegordon.com;
crooney@trionegordon.com
Subject: Senator Hutchison Fundraiser

Attached is an invitation to a fundraiser for Senator Kay Bailey Hutchison.
It is at Mesa Grill on West Gray on August 31.  Food and entertainment by
Jack Ingram is included.  Please call me at 713/221-1571 (work) or at
713/572-3692 (home) if you have any questions.  Hope to see you there!

Kara Howes

Katherine K. Howes
Bracewell & Patterson, L.L.P.
(713)221-1571
(713)222-3215 (fax)
khowes@bracepatt.com

----- Message from "Joseph A. Manero" <joemanero@ev1.net> on Thu, 27 Jul 2000
18:04:41 -0500 -----
To:	"Undisclosed-Recipient" <Undisclosed-Recipient:;>
Subject:	Hutchison event invitation
I have attached the invitation for the Aug. 31-Kay Bailey Hutchison/Jack
Ingram event at Mesa Grill.

The file can be viewed using the Adobe Acrobat Reader.  If you do not have
the Reader installed on your computer, you can download it for free from the
following address:

http://www.adobe.com/products/acrobat/readstep.html
<http://www.adobe.com/products/acrobat/readstep.html>

To send the invitation to your guests/invitees, you may wish to use it as a
file attachment in an email to them, or you may wish to print it and fax it
to them individually.  It is designed in such a way to fax in a very clean
manner.  Please let me know if you have any trouble with the file.

Please instruct your guests/invitees to mail their checks as soon as
possible, in order to get an accurate head count prior to the event.  The
address is on the invitation, but here it is again: KBH Mesa Event, PO Box
540962, Houston, TX 77254-0962.

Thank you for your hard work to make the event a great success!

Please call me if you have any questions.

Joseph A. Manero
Principal
The Ayes of Texas
Political Consulting + Public Affairs
723 Main Street, Suite 922
Houston, Texas 77002
713.526.3566  Voice
281.754.4662  Fax
http://www.ayesoftexas.com <http://www.ayesoftexas.com>


They've changed the Cogentrix deal.  In fact, it is even a different Cogentrix counterparty.  I couldn't find the long form/GTC in the Power Forms.  Can you help?

Guess you would like the name of the counterparty.  I'll send it to you.

Thanks as always!

Kay

 -----Original Message-----
From: 	Jafry, Rahil
Sent:	Monday, November 19, 2001 4:34 PM
To:	Mann, Kay; Coulter, Kayne
Subject:	FW: Cogentrix
Importance:	High

FYI - from Kortney in credit.

Kayne,  with regards to Kortney's question about the interruptability of power, please let me know when you're free tomorrow AM, so we can discuss this with her.

Kay, what're the next steps from your end?

Thanks again,
Rahil
3-3206

 -----Original Message-----
From: 	Brown, Kortney
Sent:	Monday, November 19, 2001 4:26 PM
To:	Jafry, Rahil
Cc:	Ngo, Tracy; Radous, Paul
Subject:	RE: Cogentrix

Pursuant to the Cogentrix Eastern Carolina, LLC transaction described in this email and your later draft term sheet, credit has determined that an EEI does not need to be in place with the counterparty and that we would be able to transact under the long-confirm form.

To provide a little bit of explanation for you:

A Master EEI is preferable when the counterparty is planning on doing long-term, large volume transactions.  Therefore, we have very specific terms and conditions that do not have as much ambiguity as within the GTCs.

In terms of unit contingent or interruptible power - credit would like to get a clear definition of whether the cp is sleeving "unit contingent" power versus "interruptible" power, since there are varying degrees of risk inherent in the two separate transactions and we would like to gain an understanding of the term and type of power this will be.

Thanks Rahil.

Kortney

 -----Original Message-----
From: 	Jafry, Rahil
Sent:	Wednesday, November 14, 2001 5:44 PM
To:	Brown, Kortney
Subject:	FW: Cogentrix
Importance:	High

 -----Original Message-----
From: 	Jafry, Rahil
Sent:	Tuesday, November 13, 2001 9:16 AM
To:	Mann, Kay
Cc:	Coulter, Kayne
Subject:	RE: Cogentrix
Importance:	High

Kay,

Below are some answers to your questions re. Cogentrix.  Please let me know if you have any more.

- R

Power could be sold on a Day-Ahead or an Hourly basis.
They will give us a flat bogie and we will use that in our decision making.
Kenansville is a coal-fired, 30MW, plant.
We will be selling power at their bus point.  Any transmission cost, if/when incurred, will be treated on a pass-through basis.
The Min-Max decision on the number of MW's is their operational decision, and we will let them decide once we send them a draft of the revised contract.

 -----Original Message-----
From: 	Mann, Kay
Sent:	Monday, November 12, 2001 5:52 PM
To:	'Jafry, Rahil'
Subject:	RE: Cogentrix

Day ahead only?

How do we work together to set the bogie? I know on the MDEA deal there was an agreement on how it was calculated, including an agreement re the heat rates of the various units.

Is this a gas only facility?

How do we handle the transmission costs, or will we be selling the power at the same spot they are delivering it?

Are there minimum units of energy they will start their facility up for?

Thanks,

Kay

 -----Original Message-----
From: 	Jafry, Rahil
Sent:	Monday, November 12, 2001 5:39 PM
To:	Mann, Kay
Subject:	RE: Cogentrix

We'll be marketing power from their Kenansville plant on a unit contingent basis.  Together, we will establish a bogie price (their marginal cost of generation), and any value we can get them above this bogie price will earn us 25% of the extra upside we manage to get them.  They have a right to terminate with a 30-day notice and/or sell their power to other third parties at anytime.

- R

 -----Original Message-----
From: 	Mann, Kay
Sent:	Monday, November 12, 2001 4:59 PM
To:	Jafry, Rahil
Subject:	Cogentrix

Getting warmer.  Could you send me an email with a brief description of how you see us marketing their energy.


This evening and stay until Wed pm.

Jim

 -----Original Message-----
From: 	Shortridge, Pat
Sent:	Monday, October 22, 2001 10:02 AM
To:	Steffes, James D.
Subject:	RE: DINNER w/ Keith H.

I didn't know/remember you were here. They are still closed, but I'll see if I can reach him.  Another option: we're sponsoring this Alliance to Save Energy dinner that night and we still have room at our table, if Keith and you want to go.  Pataki gets an award.   It should be an ok time.

I'll try to raise him and let you know.  When do you get in?

Pat

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Monday, October 22, 2001 10:10 AM
To:	Shortridge, Pat
Subject:	DINNER w/ Keith H.

Pat --

Are we doing dinner with Keith Tuesday?

Jim


Steve,

I mentioned that my brother, an attorney in New York, is active in state
politics and might be a useful contact in the state. I'm following up with
this note to let you know a bit more about him.

Larry Mandelker is a partner with Kantor, Davidoff Wolfe Mandelker & Kass in
New York City. He is outside counsel to the Republican State Committee and
represented Bill Powers when he recently joined the Crane Group in Albany.
Larry works closely with the Crane Group's legal operation, Crane Green &
Parente, in many state matters.

There's another reason why I thought to mention Larry. He currently
represents Sunset Energy Fleet, a company managed by Jerry Montrose, which is
negotiating to win state permits for barge-mounted generation off of Brooklyn
as well as gas supply contracts. He knows exactly what the power industry
faces in New York.

If anyone would like to contact him, I'll forward that person's name to him.
I'll give you his telephone number, too --
212-682-8383 x 30 -- if you'd like to file it away.

Please let me know if there's any additional information you'd like to see.

Take care,
Jeannie


Michele,

I have defined the project for the students. It's   one project that is
divided into three sections.

Feel free to stop by to talk about it.

Vince

From: Michele Nezi Marvin@ENRON COMMUNICATIONS on 01/03/2001 05:33 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Tiger Team Event

I understand that you have been involved with the Wharton Tiger Teams.  I am
the commerical team lead for Wharton recruiting.  Do you know the 3 projects
that the students are working on and who within Enron is working with them on
the projects?

Thanks for helping to facilitate this opportunity for Wharton students.

Michele Nezi Marvin
Manager
Enron Broadband Services
(713)853-6848
----- Forwarded by Michele Nezi Marvin/Enron Communications on 01/03/01 05:34
PM -----

	Kristin Gandy@ENRON
	01/02/01 11:30 AM

		 To: Michele Nezi Marvin/Enron Communications@ENRON COMMUNICATIONS
		 cc:
		 Subject: Re: Tiger Team Event

I will try to get that information from Christie.

From: Michele Nezi Marvin@ENRON COMMUNICATIONS on 01/01/2001 06:38 PM
To: Kristin Gandy/NA/Enron@ENRON
cc:

Subject: Re: Tiger Team Event

I can attend.  Do you know any of the details of the Tiger Team project and
who they are working with?  Also, names of the students would be helpful. so
we can see if any are applying for summer positions.

Michele Nezi Marvin
Manager
Enron Broadband Services
(713)853-6848

	Kristin Gandy@ENRON
	12/28/00 10:28 AM

		 To: Jeffrey A Shankman/HOU/ECT@ECT, William Keeney/HOU/ECT@ECT, Catherine
Clark/HOU/ECT@ECT, Rajesh Chettiar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Dutta/HOU/ECT@ECT, Jayshree Desai/HOU/ECT@ECT, Colin Jackson/Enron
Communications@Enron Communications, Laura Howenstine/Enron
Communications@Enron Communications, Michele Nezi Marvin/Enron
Communications@Enron Communications, Jennifer Fraser/HOU/ECT@ECT, Natalie
Halich/Enron Communications@Enron Communications, Ranabir
Dutt/Corp/Enron@Enron, Teresa Dyar/NA/Enron@Enron, Jeff Golden/HOU/EES@EES,
Charles Ward/Corp/Enron@ENRON, Sarah Wesner/Corp/Enron@Enron, Li
Sun/NA/Enron@Enron, Gillian Johnson/NA/Enron@Enron, Lisa
Connolly/NA/Enron@Enron, Michael J Popkin/NA/Enron@Enron, Kevin
McGowan/Corp/Enron@ENRON, Evan Betzer/Enron Communications@Enron
Communications, Jebong Lee/Enron Communications@Enron Communications, Chu Chu
Wang/Corp/Enron@Enron, Brad Hitch/EU/Enron@Enron, Betsy Bassis/Enron
Communications@Enron Communications, Matthew Goering/HOU/ECT@ECT, Claude
Tellis/Enron@EnronXGate
		 cc: Christie Patrick/HOU/ECT@ECT
		 Subject: Tiger Team Event

Hello Team,

I hope that everyone had a wonderful and restful holiday season.

Down to business:  The University Affairs group is putting together a tiger
team of students to do a project for Enron.  Those students will be in town
on January 18th and will be having dinner at Churrasco's that night.  I think
it would be a great opportunity for some of the Wharton alum to come out and
meet the participants, talk about Enron and eat some good food.  :-)  If you
are interested in participating please RSVP to me via email or at extension
53214 no later than 1/5/01.

Thank you and hope to see you soon,

Kristin Gandy


I am getting ready to fax you the Cancellation Agreement which has been
executed by an officer of ECT.  I have two originally executed copies which I
would like to overnight to you for execution and I need your address.  Can
you please email it back to me.  Much thanks!


Bob,

 Any time tomorrow between 10 am and 1 pm would be good for looking at the
plans.  As far as the TV's, what do you need me to do?  Do we need plasma
screens or would regular monitors be just as good at a fraction of the cost.

Phillip


Ken/Greg:

The water cooler talk is focused around two areas:  potential bankruptcy and liquidity concerns; and massive layoffs (30% or so).

Clearly, Maslow's Hierarchy of Needs dictates that tomorrow's meeting address:
Personal issues:
-	Commitment and ability to pay salary and bonuses
-	Potential layoffs
Company-related issues
-	Risk of Enron bankruptcy
-	Sources and uses of liquidity;

I believe I know the answers to all of the above but these are the issues upon which the 'average' employee is focused.

Jeff Donahue


(1)	Citizens Gas Utility District of Tennessee (Scott & Morgan Counties) - sent wire on 3/1/02.  Contact "Missy Ancy"(?) at 423-569-4457.  This was a voice mail.

(2)	Ormet claims that failure to pay Invoice # 0202112 is incorrect.  On 2/5/02, Ormet wired $362,476.97 (ref. 2511) and this amount "includes the netting of $14,645.03 owed to Ormet by Enron Metals and Commodity LImited for commissions applied to metal trades."	  Letter given to Susan.

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


-----Original Message-----
From: 	Chen, Hai
Sent:	Friday, October 26, 2001 3:48 PM
To:	Black, Tamara Jae
Subject:	options market update
Importance:	High

T. J.,

Please forward attached Option Market Update to all traders and mid marketers in Monday morning.  Thanks!


Hello, Everyone -

This confirms our Regional Representatives Group (RRG) meeting for next
Wednesday, June 27, at the NEW LOCATION.  We will meet at the Shilo Inn -
Portland Airport, 11701 NW Airport Way, from 8:30 a.m. to 12:30 p.m. (We'll
end sooner if we can.)  The meeting will be held in the Mt. Rainer and Mt.
Hood Rooms, and the reader boards will give directions at the hotel and
convention center entrances.  A continental breakfast will be available at
8:00 a.m.

Also, through Judy Welch's excellent advocacy, the Shilo is holding a block
of rooms for $94/night if you identify yourselves as being there for RTO
West.  The regular price is $109.

This meeting is informational and will focus primarily on the items RTO West
intends to submit to FERC by August 31.  Here's our working agenda:

1.      Update on "illustrative" pricing model

2.      Planning/expansion update

3.      Report on Congestion Management

4.      Report on FERC Interregional Technical Conference on June 19

5.      Benefit Cost update

I look forward to seeing you next Wednesday.

- Bud


Sorry, someone came in and I forgot I hadn't attached when I finally got
back.


I need everyone to close out of Lotus Notes and log back in.  Some security
settings have been changed on the server to prevent accidental delection of
e-mail.  Thank you for your attention to this matter.

If you have any questions or concerns please let me know.

Thanks,
Diana


Thank you!  SRS

Kevin Hannon @ ENRON COMMUNICATIONS on 04/23/2001 10:33:09 AM
To: Jeff Skilling/Corp/Enron@ENRON
cc:

Subject: Re:

Sherri,

Put me down for $750

Kevin

	Jeff Skilling@ENRON
	Sent by: Sherri Sera@ENRON
	04/23/01 09:33 AM

		 To: Kevin Hannon/Enron Communications@ENRON COMMUNICATIONS
		 cc:
		 Subject: Re:

Ok, I'll tell you what I've told everyone else - the pledges Jeff has
received range from $20 to $6000.  So, pledge with your heart, keeping your
pocketbook in mind!  By the way, Jeff finished the ride in just over 14
hours!  SRS

Kevin Hannon @ ENRON COMMUNICATIONS on 04/20/2001 01:56:56 PM
To: Jeff Skilling/Corp/Enron@ENRON
cc:

Subject: Re:

No matter how much I have, its never enough.

Kevin

	Jeff Skilling@ENRON
	Sent by: Sherri Sera@ENRON
	04/20/01 10:45 AM

		 To: Kevin Hannon/Enron Communications@ENRON COMMUNICATIONS
		 cc:
		 Subject: Re:

How much to you have?!  SRS

Kevin Hannon @ ENRON COMMUNICATIONS on 04/20/2001 08:03:14 AM
To: Jeff Skilling/Corp/Enron@ENRON
cc:

Subject: Re:

OK Sherri how much do you want?

Kevin

	Jeff Skilling@ENRON
	Sent by: Sherri Sera@ENRON
	04/19/01 05:18 PM

		 To: Cliff Baxter/HOU/ECT@ECT, Rick Buy/HOU/ECT, Ben Glisan/HOU/ECT@ECT,
Steven J Kean/NA/Enron@Enron, Jeffrey Sherrick/Corp/Enron, Philippe A
Bibi/HOU/ECT, Michael Brown/NA/Enron, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A Hughes/ENRON_DEVELOPMENT,
Louise Kitchen/HOU/ECT@ECT, Rebecca McDonald/ENRON_DEVELOPMENT, Greg
Piper/Corp/Enron, John Sherriff/LON/ECT@ECT, Greg Whalley/HOU/ECT@ECT, Janet
R Dietrich/HOU/EES@EES, Mark S Muller/HOU/EES@EES, Matthew
Scrimshaw/LON/ECT@ECT, David Cox/Enron Communications@Enron Communications,
Kevin Hannon/Enron Communications@Enron Communications, Rod
Hayslett/FGT/Enron, Stan Horton/Houston/Eott@Eott, Danny
McCarty/ET&S/Enron@Enron
		 cc:
		 Subject:

I know how incredibly busy you all are, so I'm sure that making a pledge to
Jeff for the MS150 has simply slipped your mind.  Well the ride is this
weekend, time is running out and we need you!

Enron's goal is to raise $700,000, and Jeff's personal goal is to raise
$50,000.  As of today, we are a little better than half way there.  Won't you
consider helping him reach his goal?

Thanks for your consideration.  I look forward to hearing from you tomorrow...

Sherri :-)


----- Forwarded by Tana Jones/HOU/ECT on 05/08/2000 03:51 PM -----

	Nony Flores
	05/05/2000 09:23 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Memo to Brazilian Counsel

Tana,

Attached is the memorandum we sent to Brazilian counsel in 1996 which
addressed both, the physical and financial trading, I hope this helps.  Let
me know if you need anything else.

Thanks.
Nony


A meeting has been scheduled as follows:

Project Torque - Excluded Facility Review
Monday, February 14th
2:00 - 3:00 in EB4249

If you have any questions please feel free to call!

Thanks,
Kathy
x3-4364


Hope work is going well. Dusting off my cowboy hat and going stampeding
tomorrow. I'll try to give you a call tonight or on the weekend.

Say hi to MH and Wilson and Charlene.

Chris


John,

I can extract the curves from the database.

Thanks.

Vince

John L Nowlan
10/30/2000 07:28 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Forward oil prices

Vince , I would have no problem in giving these numbers, do you have the
numbers to forward or would someone in our group need to help him?

Vince J Kaminski
10/27/2000 04:24 PM
To: John L Nowlan/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Stefan-Jorg Gobel/FRA/ECT@ECT
Subject: Forward oil prices

John,

I am forwarding to you the request by Jens.  We gave in the past
our forward oil curves (with approval of Greg Whalley) to some academics.
What is your position on this request?

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/27/2000
04:29 PM ---------------------------

Jens Gobel@ENRON
10/26/2000 12:06 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Forward oil prices

Vince,

As discussed on the phone, I am sending you the request that I have received
from Prof. Buehler. Prof. Buehler is the
head of the faculty of finance at Mannheim University in Germany. Currently,
he is writing a study about the hedging
strategy that led to the Metallgesellschaft debacle. For this study he would
like to get forward oil prices form us.

The forward oil prices should be for WTI with Cushing as the delivery point
for the time period July 1986 and December 1996
with remaining contract durations between one and ten years. It would be
ideal to get this data on a daily basis. Weekly
or monthly data is helpful as well, of course.

Since Mannheim University is among Enron's tier one recruiting universities
in Germany, it would be great if we could help
him with some data. Thanks a lot for your help.

Jens

o.korn@uni-mannheim.de on 10/10/2000 11:44:57 AM
To: Jens.Gobel@enron.com
cc:

Subject: Daten

Sehr geehrter Herr Goebel,

bezugnehmend auf Ihr heutiges Telefongespraech mit Herrn Prof.
Buehler hat mich Prof. Buehler gebeten, Ihnen genauer
darzustellen, welche Daten idealerweise fuer unsere Studie
benoetigt wuerden.

Zunaechst zum Hintergrund. Wir sind auf ENRON gestossen, weil
Eduardo Schwartz in einer seiner Arbeiten die folgende Datenquelle
angibt:

" In addition to the publicly available futures data described above,
for the purpose of this study Enron Capital and Trade Resources
made available some proprietary historical forward price curves
from 1/15/93 to 5/16/96. From these data ten forward prices were
used in estimation, ranging in maturities from two months to nine
years"

Dies laesst uns annehmen, dass Enron bestimmte Daten
verfuegbar hat.

Nun zum idealen Datensatz:

Forwardoelpreise (am besten WTI mit Lieferung in Cushing) fuer
Restlaufzeiten zwischen einem und zehn Jahren fuer den Zeitraum
Juli 1986 bis Dezember 1996. Dabei waere eine hohe
Datenfrequenz ideal (taeglich, ansonsten woechentlich oder
monatlich). Zusaetzlich waeren auch Spotpreise fuer WTI mit
Lieferung in Cushing nuetzlich.

Diese idealen Datenanforderungen werden sich vermutlich nicht
erfuellen lassen. Jedoch waere uns auch schon geholfen, wenn ein
kuerzerer Zeitraum oder eine niedrigere Datenfrequenz vorlaege.

Wir waernen Ihnen sehr dankbar, wenn Sie in Erfahrung bringen
koennten, inwiefern solche Daten von Enron zu erhalten sind.

Herzlichen Dank fuer Ihre Muehe und beste Gruesse

Olaf Korn

p.s. Bei Rueckfragen stehe ich Ihnen jederzeit gern zur Verfuegung

__________________________________________________________
Dr. Olaf Korn
University of Mannheim
Chair of Finance
D-68131 Mannheim
Germany
Tel.: ++49/621/181-1487
Fax.: ++49/621/181-1519
e-mail: o.korn@uni-mannheim.de


good luck.   I would also suggest having a fire extinguisher handy as well.
You can also always say the turkey is a Texas tradition - blackened.

Deer Valley is in Utah - 45 minutes outside Salt Lake City.  I got airfair
from Houston for 200 per person.

Have a happy turkey day.
PL


That is your call.  I am trying to make sure everyone is looking at their group and properly assessing where we can become more efficient.  You have to way the benefits vs. cost.

 -----Original Message-----
From: 	Hotte, Steve
Sent:	Monday, November 19, 2001 5:22 PM
To:	Horton, Stanley
Subject:	RE: ETS IT November Newsletter Now Available

We created the framework for the newsletter within ETS.  Now it only takes limited time from a staff level individual to put it together. There were, and are, no corporate resources used in its creation or publication.

We were looking to keep business as usual, especially as relating to communication, but given our extraordinary circumstances will stop publication if you think it more appropriate.

Please advise.

Thank you.

 -----Original Message-----
From: 	Horton, Stanley
Sent:	Monday, November 19, 2001 3:43 PM
To:	Hotte, Steve
Subject:	FW: ETS IT November Newsletter Now Available

Given our limited corporate resources, can we cut the IT newsletter?

 -----Original Message-----
From: 	Villarreal, Lillian
Sent:	Monday, November 19, 2001 8:54 AM
To:	DL-ETS IT Everyone; DL-ETS Newsletter Distribution
Subject:	ETS IT November Newsletter Now Available

Please visit the latest issue of the ETS IT newsletter at:

http://www.ets.enron.com/ITNewsletter/default.asp

Thanks.


Attached is the latest markup on the warranty language which GE is now
reviewing.  I also have a few comments from John Rigby which may be worth
adding but I suggest we hold off until we discuss the warranty language with
GE next week.

I also spoke to Steve Swift who indicated that he would Email to Sheila what
has been agreed to on indemnity, LOL, ect. and what we intend to insert into
the Arcos contract.  FYI I do not intend to use the "end world hunger"
warranty language in the Arcos contract as I want GE back-to-back on what we
have signed up to with the owner under the EPC contract.

Regards,

Scott


I think Mike should sign

Peter Styles@ECT
04/20/2001 04:57 AM
To: Jeffrey Keeler/Corp/Enron@ENRON
cc: Michael Terraso/OTS/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Jackie
Gentle/LON/ECT@ECT, Kate Bauer/EU/Enron@Enron, Paul Hennemeyer/LON/ECT@ECT,
Doug Wood/LON/ECT@ECT, Kelly Kimberly/Enron Communications@Enron
Communications@ENRON, Catherine McKalip-Thompson/Enron Communications@Enron
Communications@ENRON, Lauren Iannarone/NY/ECT@ECT, Rob
Bradley/Corp/Enron@ENRON, Mary Schoen/NA/Enron@Enron, Stacey
Bolton/NA/Enron@Enron, Lisa Jacobson/ENRON@enronXgate@ENRON, Linda
Robertson/NA/Enron@ENRON, Nailia Dindarova/LON/ECT@ECT

Subject: Re: DRAFT response to Greenpeace Kyoto letter

Jeff: Following our conference call yesterday, Nailia and I will send you a
European Government Affairs mark-up later today. We'll try to incorporate any
views expressed by Paul Hennemeyer and Doug Wood too.

Jeffrey Keeler@ENRON
19/04/2001 22:00
To: Michael Terraso/OTS/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Jackie
Gentle/LON/ECT@ECT, Kate Bauer/EU/Enron@Enron, Paul Hennemeyer/LON/ECT@ECT,
Doug Wood/LON/ECT@ECT, Peter Styles/LON/ECT@ECT, Kelly Kimberly/Enron
Communications@Enron Communications, Catherine McKalip-Thompson/Enron
Communications@Enron Communications, Lauren Iannarone/NY/ECT@ECT, Rob
Bradley/Corp/Enron@ENRON
cc: Mary Schoen/NA/Enron@Enron, Stacey Bolton/NA/Enron@Enron, Lisa
Jacobson/ENRON@enronXgate, Linda Robertson/NA/Enron@ENRON

Subject: DRAFT response to Greenpeace Kyoto letter

Attached is a first draft of a response to Greenpeace's April 5 letter to
Jeff Skilling asking for Enron's answers to some specific questions on the
Kyoto Protocol and climate change.   Similar letters were delivered by
Greenpeace Europe in native languages to Enron's offices in the UK,
Netherlands, Spain, and Belgium.

I have attached a copy of one of the letters below.  All the questions are
the same in each.

I have drafted a response with the goals of:

1)  Being responsive to Greenpeace without being defensive or without
"greenwashing."   We have an already-published public "statement" on climate
change and a very positive, solution-oriented story to tell, with many facts
and accomplishments to back up our statements.   I think our letter can land
in the stack that they consider "positive" responses, and not in the stack of
non-responses or "we don't care" responses.

2)  Steering away from directly answering the no-win questions about "Kyoto."
  I think we can respond to the letter in a way that provides meaningful
answers to the general themes of the letter.   I have discussed this with
many of you already, but I strongly feel that we should not get dragged down
into debates over what we like/dislike, support/oppose about Kyoto....we'll
quickly get into questions we can't now answer, and may never be able to
answer.   I'd prefer it if we rise above the politics of the issue and look
solution-oriented by saying counties and companies should continue to be
engaged in this important issue.

3)  Developing corporate-wide messages that we can use in multiple
applications -- arming our PR and govt. affairs advocates with a tight script
to use in their efforts; responding to shareholder inquiries and annual
meeting Q&A;  Ken Lay or other executive speeches and presentations;
something for our Corporate Responsibility annual report.

Sorry for the long preamble, but climate change has become a very sensitive
issue of late, and our message/strategy needs to be very coordinated and we
need to have one clear set of statements that everyone in the company can
understand and use.  With that said, I also believe that these messages
should be used very carefully, as the subject matter is complex and straying
too far from the basics can be dangerous.  We should designate one or two
clear spokespeople that can answer any follow up to the Greenpeace letter by
press or policymakers, and really stick to the boundaries of what's in our
response letter.

There is also the issue of customizing responses from the European offices,
using this letter as a template and adding a few examples of Enron good deeds
in the local areas.   I am not opposed to doing so, but would again
appreciate being able to review these responses before they go.  Please let
me know if you have other views.

I would like to send our response by early next week, maybe even Monday 4/23
if we can turn it around that fast.  Thank you for your input and assistance
and I look forward to your reply.

Jeff

Jeffrey Keeler
Director, Environmental Strategies
Enron
Washington DC office - (202) 466-9157
Cell Phone (203) 464-1541


Please see attached file.  Look at your color on the recon var tab.
PL


I'll pick you up at 5:15 or so outside at the ticket counter level.  I need
to put you in a cab for the ride back to the hotel--so I can get home around
7:30.  I'll have a draft of the presentation ready for you to review.

If things get screwed up, I'll call your cell phone voicemail and leave a
message.  Below is the restaurant.  It's in SE, Portland.  A little different
experience then eating downtown or in NW.

The restaurant is essentially on the corner of Bybee and Milwaukie, in the
Westmoreland area.

---------------------- Forwarded by Paul Kaufman/PDX/ECT on 04/03/2001 10:43
AM ---------------------------

Lysa Akin
04/03/2001 09:48 AM
To: Alan Comnes/PDX/ECT, Paul Kaufman/PDX/ECT
cc:
Subject: Dinner reservations TONIGHT

Caprial's at 6:00pm - Party of 3 under the name Kaufman

7019 SE Milwaukie
503/236-6457


Though many of you already know, today is my last day here at Enron.  I am leaving to pursue my culinary interests full time and have accepted a baking/pastry apprenticeship with the Deer Valley Resort in Park City, Utah for the winter season.

I am happy to have spent the past 3 years working with such a fun and intelligent group of people. I sincerely wish all of you the best in your future endeavors.

Please don't hesitate to look me up if you are in the Park City area, vacation planning, or considering some radical career change like this...ha.  It would be great to see old friends up there.  Forwarding info is below:

http://www.deervalley.com/winter/winterhome.asp
Email: moshuffle@hotmail.com
Cellular: 713-516-0651


Kim!  Good to hear from you.  I could use that beer right now!  My weekend
was busy (holiday shopping, etc.)  Did you do anything fun?  RE:  the party,
I would have the party at my place, but I have a one bedroom apt. (not
conducive to parties).  Tell Suzanne that it will all work out!  We need to
get this thing planned, and soon!

I am heading to Tennessee on Wednesday.  I hope it's cold there, I'm ready
for some winter weather... Dallas sounds nice, I hope you have a great time.
Have a safe and happy Thanksgiving!!!!

-----Original Message-----
From: Kim.Ward@enron.com [mailto:Kim.Ward@enron.com]
Sent: Monday, November 19, 2001 4:27 PM
To: Hamby, Terri
Subject: RE: 2001 Tennessee Football Schedule.html

Terri,

What's going on and how was your weekend?  We are still working on the
TN/FLA party - Suzanne is worried about enough places for people to sit -
but I say she shouldn't worry - just have a lot of beer!  Are you going to
see PH over the holiday?  Don't know for sure what I am doing yet -
thinking about going to Dallas - gotta work out the logistics though.
Let's get together for a beer soon -

Kim

 -----Original Message-----
From:     "Hamby, Terri" <Terri.Hamby@ElPaso.com>@ENRON
Sent:     Wednesday, November 14, 2001 11:39 AM
To:       Ward, Kim S (Houston)
Subject:  2001 Tennessee Football Schedule.html
Importance:    High

 <<2001 Tennessee Football Schedule.html>>

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************

 - 2001 Tennessee Football Schedule.html << File: 2001 Tennessee Football
Schedule.html >>

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

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


did you go on your vacation yet?  i hope you are not on it now b/c there is a
huge hurricane heading into the gulf.  you could end up like gilligan.


Mary,

How are we looking on the rest of our estimates thru King Ranch?  do we need
to adjust Big Cowboy or 3 Rivers?

D

Mary Poorman@ENRON
01/10/2001 11:53 AM
To: Vance L Taylor/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Robert
Cotten/HOU/ECT@ECT, Fred Boas/HOU/ECT@ECT
cc: Edward Terry/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Rita
Wynne/HOU/ECT@ECT
Subject: Saxet Canales into King Ranch - Balancing issue

FYI -

We are having some "after-the-fact" balancing issues with King Ranch.  I just
spoke with Carol regarding our net position with the plant, she has informed
me that the Saxet Canales production we are buying at the inlet has been
averaging approximately 3,850 Dth/day for January, and has been producing at
or around that level since November.  We don't have eyes at the meter,
however, Carol was brought online this past week, and I will be receiving
production information on a regular basis to balance redeliveries.

We have been scheduling 838 to 1,045 Dth/day at the meter.  We need to gross
up for Jan in order to ensure that we capture our volumes correctly and do
not create additional balancing issues with the plant.

Please let me know if you have any further questions, or need additional
information.

Mary


Hey Julie,

Congratulations on the promotion, that's so exciting (I'm sure you've more
than earned it).

I just wanted to drop a line and see how work,  your new apartment/roommate
and Brendan are all doing.  All are wonderful I hope.  I realize this is
somewhat random, but I just found some great airfares from Houston to San
Diego ($99 each way!!!) and was wondering what you were doing the weekend of
Dec. 15?  I know this time of year is kind of crazy so I will totally
understand if you have holiday parties, etc. to attend.  Regardless, this
deal is good for travel through the end of February 2001, so....if it doesn't
look like it's going to work before the end of the year, maybe I could make a
visit mid-January or February.

Have a great holiday weekend and I'll talk to you soon.

Susan


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 05/01/2001 05:27 PM -----

	"Chris Micheli" <cmicheli@carpentersnodgrass.com>
	04/30/2001 06:19 PM

		 To: "Susan McCabe" <smccabe@mccabeandcompany.net>, "Sue Mara"
<smara@enron.com>, "Steven Kelley" <steven@iepa.com>, "Steve Ponder"
<steve_ponder@fpl.com>, "Stephanie Newell"
<stephanie-newell@reliantenergy.com>, "Scott Sadler"
<sadlersa@earthlink.net>, "Scott Govenar" <sgovenar@govadv.com>, "Sandi
McCubbin" <smccubbi@enron.com>, "Ron Tom" <rtom@govadv.com>, "Roger Pelote"
<roger.pelote@williams.com>, "Robert Ross" <robbiz@cwo.com>, "Rina Venturini"
<rventurini@teamgsi.net>, "Richard Hyde" <rwhyde@duke-energy.com>, "Rachel
King" <rachel.king@elpaso.com>, "Phil Isenberg" <isenberg@hmot.com>, "Paula
Soos" <paula_soos@covantaenergy.com>, "Mike Monagan" <mrmonagan@aol.com>,
"Maureen O'Haren" <oharen@hmot.com>, "Marie Moretti"
<mmoretti@mccabeandcompany.net>, "Lynn Lednicky" <lale@dynegy.com>, "Kent
Palmerton" <kent.palmerton@williams.com>, "Katie Kaplan" <kaplan@iepa.com>,
"Kassandra Gough" <kgough@calpine.com>, "Julee Ball" <jmball@ns.net>, "John
Stout" <john_h_stout@reliantenergy.com>, "John Larrea"
<john.g.larrea@williams.com>, "Joe Ronan" <joer@calpine.com>, "Jeff Dasovich"
<jeff.dasovich@enron.com>, "Jean Munoz" <jmunoz@mcnallytemple.com>, "Jan
Smutny Jones" <smutny@iepa.com>, "Jack Pigott" <jackp@calpine.com>, "Hedy
Govenar" <hgovenar@govadv.com>, "Greg Blue" <gtbl@dynegy.com>, "Fred Pownall"
<fred_pownall@ka-pow.com>, "Delaney Hunter" <dhunter@s-k-w.com>, "Chuck Cole"
<ccole@advocation-inc.com>, "Bev Hansen" <bhansen@lhom.com>, "Anne Kelly"
<kelly@hnks.com>, "Andy Brown" <abb@eslawfirm.com>, "John Norwood"
<janorwood@norped.com>, "Pete Conaty" <pcaceo@pacbell.net>, "Matt Kilroy"
<matt.kilroy@pge-corp.com>, "Cary Rudman" <cjrudman@softcom.net>, "Carolyn
McIntyre" <cmcintyre@sempra.com>, "Barbara LeVake" <blevake@syix.com>, "Pat
Pape" <ppape@calpine.com>, "Mohammed Alrai" <mohammeda@calpine.com>, "Kent
Robertson" <kentr@calpine.com>, "Katherine Potter" <katherip@calpine.com>,
"Juan Rodriguez" <juanr@calpine.com>, "Eileen Koch" <eileenk@calpine.com>,
"Bill Highlander" <highlander@calpine.com>, "Aymee Ramos" <aymeer@calpine.com>
		 cc:
		 Subject: SB 1x hearing today

As you may know, SB 1x (Soto/Scott) passed the Senate Appropriations
Committee by an initial vote of 7-3 (the bare minimum).
Senator Soto said that the Legislature must make a "bold proposition" with
this bill.  She said that this experience is "like no consumer has been
gouged before."  The Legislature must cap rates.  This bill guarantees a
generous profit to generators.
Senator Scott said that these generator profits have been gained off of
consumers.  According to FERC, over $500 million in excess profits have been
reaped.  Californians have been "royally mistreated" by generators.  This
"money has left the state (to Texas and other places)."  This bill is the
only solution.  The PUC can change the $80 rate.  Based upon the January
Field Poll, Californians support this concept.  We have to "stand up to the
generators and say no more."
Supporters were:  TURN and CTRA (Lenny Goldberg).  Lenny said that the FERC
will not give any relief to CA ratepayers, so the Legislature has to.  This
bill needs to be combined with the power authority by Senator Burton to hold
prices down.
Other supporters of the bill included:  Congress of CA Seniors; CalPIRG; CA
Consumer Federation; CA Labor Federation; SEIU; Public Power Now.  SEIU
(public employee union) said that this bill is "the only way to put caps on
rates."
Opponents were CMTA ("this is the wrong medicine for solving the problem");
WSPA (does nothing to resolve the shortage of energy; we should be doing
bills to stimulate greater investment in supply); Intergen said that they are
looking at California market, but will not build with this bill out there.
CA Wind Energy Assn (QFs oppose this bill because the rate is too low); and
IEP (most productive answer to our problem is the build power plants).
Senator Battin said that the price cap is lower than some of the Governor's
long-term contracts at $86 per hour.  Senator Scott said that the munis are,
indeed, covered by the bill.  He also said that the PUC can change the rates
contained in this bill.  Scott also said that the PUC can exempt renewables
under the bill.
Senator Bowen stated that the $80 figure should be removed from the bill
("this price may be inappropriate").  She suggested using the "FERC proxy
price."  She suggested that they look at an exemption for contracts with the
state.  She saw no reason to exempt the renewables because they would make a
bundle with an $80 cap.
Senator Poochigian said he was concerned about the majority vote issue
(because this bill is allegedly revenue neutral).  Scott said all of the
money raised by the bill will go to ratepayers.  He said that Legislative
Counsel gave him an opinion (I don't know if it is written or verbal) that
this scheme was permitted.  Poochigian said it was ironic that the PUC was
being given the authority to set rates under this bill.
Senator Scott stated that they would take as an author's amendment to exclude
all long-term contracts from the provisions of this bill.
Next stop for the bill is the Senate Floor.

Chris Micheli, Esq.
Carpenter Snodgrass & Associates
1201 K Street, Suite 710
Sacramento, CA  95814
(916) 447-2251
FAX: (916) 445-5624
EMAIL: cmicheli@carpentersnodgrass.com


Vince

Yes please go ahead.

David

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: 24 April 2001 23:35
To: djw@kwi.com
Subject: RE: KWI User Group

David,

I can ask our CEO John Sherriff.
Please, let me know by 10:00 a.m. Central Time, Wednesday.

Vince

David Warwick <djw@kwi.com> on 04/24/2001 05:24:53 PM

To:   "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject:  RE: KWI User Group

Vince

Sorry to hear you cannot make it ... you would obviously have been the big
catch !!

In terms of a London based replacement, who did you have in mind and what
sort of subject could they cover ?

David

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: 24 April 2001 23:22
To: djw@kwi.com
Cc: Vince.J.Kaminski@enron.com; Shirley.Crenshaw@enron.com
Subject: RE: KWI User Group

David,

I regret to inform you I am unable to attend the conference due to previous
commitments.
Would you consider a speakers form our London office?

Vince

David Warwick <djw@kwi.com> on 04/24/2001 09:47:31 AM

To:   "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject:  RE: KWI User Group

Vince

Any further thoughts on this ?

David

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: 13 April 2001 21:44
To: djw@kwi.com
Cc: Vince.J.Kaminski@enron.com; vkaminski@aol.com
Subject: Re: KWI User Group

David,

Thanks for the invitation.
I shall check my schedule on Monday and will get back to you
regarding the conference.

I hope you will a very Happy Easter.

Vince

David Warwick <djw@kwi.com> on 04/12/2001 04:04:32 PM

To:   "'vince.j.kaminski@enron.com'" <vince.j.kaminski@enron.com>
cc:
Subject:  KWI User Group

Dear Vince

Please may I reintroduce myself. We met last year at the Sydney EPRM
conference which my company KWI sponsored. I chaired the session at which
you spoke.

As you may remember, my company, KWI are one of the world's leading
provider
of systems (kW3000) and consultancy for energy, trading and risk
management.
We have over 60 clients worldwide including many of the world's leading
energy companies (not Enron unfortunately):

North America
- TVA
- Ontario Power
- Cinergy
- Bonneville Power

Europe
- Enel
- ATEL
- Electrabel
- EDF

Nordic
- Vattenfall
- Fortum
- Sydkraft
- Statkraft
- Birka Energi
- Norsk Hydro

Each year we stage a "KWI Users Forum" - a 2-day event attended by leading
trading and risk staff from our clients. Last year there were about 100
delegates. The agenda primarily focusses on issues surrounding risk
management for the energy sector.

The agenda comprises keynote presentations on burning risk issues from
industry leading energy speakers and practical workshops focussed around
using our software.

This years event is at a luxury hotel in the wonderful Spanish city of
Barcelona and runs from the evening of Sunday September 9th to Tuesday
September 11th. The main conference dinner is on the Monday evening and is
always a memorable event. This year it is in a leading Barcelona restaurant
preceded by a bus tour of the city with a stop for pre-dinner drinks.

I would like to invite you to make the opening keynote address, the
highlight of the conference.

The subject could be:

*    a general energy risk related topic
*    a general insight into the secret of Enron's continued success in
the energy markets
*    your thoughts on the future development on energy markets (and other
commodity related - bandwidth etc.) worldwide

Obviously, we would cover all your delagate costs including accomodation,
food and drink.

What's in it for you ? Many of our users are some the energy sectors
leading
risk thinkers and I'm sure you would enjoy meeting them and exchanging
views.

Please let me know if you are able to accept the invitation.

Best regards

David Warwick - Marketing Dierctor and Co-founder


Hi,

Our staff e-mail is currently not functioning. But as soon as it is up
again, we will respond to any inquiries, concerns or other issues as soon
as we can. Sorry for the inconvenience
Seung Lee
Haas School of Business
Evening MBA Program


---------------------- Forwarded by Sheila Glover/HOU/ECT on 05/25/2000 11:00
AM ---------------------------

Rafael Rangel@ENRON_DEVELOPMENT
05/25/2000 10:48 AM
To: Sheila Glover@ENRON_DEVELOPMENT
cc: Danthea Dumayas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
florencia.groppo@hds.com.ar, Veronica
Perez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: Contacts

Corrections to #4 below.  Originally had EPCA, should be EDIDE.

RFR

Rafael Rangel
05/25/2000 10:20 AM
To: Sheila Glover@ENRON_DEVELOPMENT, Don Overby@ENRON_DEVELOPMENT
cc: Danthea Dumayas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
florencia.groppo@hds.com.ar>, Veronica Perez

Subject: Re: Contacts

Sheila, as discussed yesterday, I need to do the following:

Open a brokerage account at Morgan Stanley for Enron de Inversiones de
Energia S.C.A. (an Argentine company) (EDIDE)
This account will hold ADRs that will be contributed or transferred into its
account by Enron Pipeline Company-Argentina S.A.  (EPCA)(account #038-088357)
at Morgan Stanley.
EPCA will contribute 431,300 ADRs in Transportadora Gas del Sur (TGS) into
EDIDE's new account.  That contribution represents the capital contribution
that EPCA is obligated to make under the capital increase resolution dated
February 20th, 2000.
After the ADR's are transferred into EDIDE's accounts, EDIDE will need to
convert such ADR's into ordinary Class B shares in TGS so that they can be
registered accordingly in Argentina.

Sheila, I am forwarding a hard copy of this e-mail with appropriate support
(corporate resolutions authorizing me to open this account, resolution
authorizing the increase in capital and some forms that I had Eduardo
Ojea-Quintana (President of EDIDE) sign).

Please review and advise of what else you need to finalize this transaction.

Best Regards,

RFR

---------------------- Forwarded by Rafael Rangel/ENRON_DEVELOPMENT on
05/25/2000 09:50 AM ---------------------------

Rafael Rangel
05/24/2000 05:50 PM
To: Sheila Glover@ENRON_DEVELOPMENT
cc: Danthea Dumayas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Contacts

Sheila, finally ready to open up the account at Morgan Stanley for EDIDE so
that EPCA can transfer the correct amount of ADRs.  I have the Corporate
Resolution from EDIDE.  I understand that the contact at Morgan Stanley has
changed.  Please advise.

RFR

To: Danthea Dumayas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rafael
Rangel/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Contacts

I will be out on maternity leave soon (hopefully).  In my absence, please
call Sheila Glover (3-3210) for any questions that you may have.  If you just
need a copy of an old report, please call Aneela Charania at 3-0951.

Thanks,

Terri
3-9899