Sounds fine.

I haven't seen the latest agenda for Ken.

 -----Original Message-----
From: 	Milnthorp, Rob
Sent:	Monday, March 12, 2001 3:08 PM
To:	Lavorato, John
Subject:	Potential Lunch April 4

John, your thoughts re the attached? Also, I think its highly likely that we will get a meeting with Lay and Harris.
---------------------- Forwarded by Rob Milnthorp/CAL/ECT on 03/12/2001 02:05 PM ---------------------------
From:	Aleck Dadson on 03/08/2001 10:49 AM EST
To:	Rob Milnthorp/CAL/ECT@ECT
cc:
Subject:	Potential Lunch April 4

Our thought was that it would be useful for Ken Lay and John Lavorato to met with a group of very senior people in the investment community to outline our case for market opening.   A proposed initial list is attached.  It should be expanded to include Ron Munkley  from CIBC World Markets and Bill Homer of Scotia Capital.  The thinking behind this is that these guys are all senior advisors to the Gov't, OPG or Hydro One on decontrol and related issues and several, such as Long, Lindsay and Hudson, are among the Premier's closest advisors.  Let me know what you think so, if we decide to go ahead with this, we can do so soon.   << File: April4Invitees.xls >>


MARK EDWARD:

As a fellow Texas legal professional, I would like to apprise you of the
following CLEonline.com seminars taking place in the month of March,
in which you or some of your colleagues or associates may be interested.
All of these seminars are fully accredited for Participatory CLE credits
(not self-study) by the State Bar of Texas.

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

                  MARCH SEMINARS ON CLEONLINE.COM

1. Anticipating Will Contests and How to Avoid Them [3.0]
2. Avoiding Malpractice Claims: Things to Do (and NOT Do) on the First Day You
  Represent a Client [1.0 ETHICS]
3. Confidentiality and Privileges in Electronic Communications [3.0 ETHICS]
4. Damages in Insurance Litigation [2.0]
5. Deposition Issues and Strategies: Today and Into the 21st Century [3.0]
6. Dissecting Web/E-Commerce Environment and Analyzing the Legal Issues [1.0]
7. Effective Negotiation and Mediation Advocacy [3.0]
8. Ethical Considerations for Multi-Party and Complex Litigation [3.0 ETHICS]
9. Ethical Considerations in Estate Planning for Spouses [1.0 ETHICS]
10. Ethical Issues Arising From Using Experts in Litigation [1.0 ETHICS]
11. How to Collect Child Support in Texas [3.0]
12. IP Litigation Issues: Trade Secrets, Patents, Copyrights and Trademarks
[3.0]
13. Legal Ethics for Corporate and In-house Counsel [3.0 ETHICS]
14. More Selected Ethical Issues Facing Texas Litigators [1.0 ETHICS]
15. New Texas Legislation '99: Real Estate, Lending, and Other Commercial
Matters
  [3.0]
16. Offshore Trusts: Uses for Asset Protection Purposes [3.0]
17. Punitive Damages: Preparing Plaintiff's and Defendant's Case for the
Punitive
  Damage Phase [3.0]
18. School Personnel Law in Texas [3.0]
19. Selected Ethical Issues in Intellectual Property Licensing [1.0 ETHICS]
20. Telecommuting for Lawyers: Tips, Hints and Avoiding Pitfalls [Together
with
  ABA Law Practice Management Section] [2.0]
21. Texas Law of Eminent Domain [3.0]
22. Texas Real Estate Law - Recent Case Update [3.0]
23. Texas Trust Law Update d 1999 Legislative Changes [1.0]
25. The ABC's of Appellate Practice for California Litigators [1.0]
26. The Organizational Client: Attorney-Client Privilege and the No-Contact
Rule
  [3.0 ETHICS]
27. Weblaw: Legal Issues Involved with the Design and Hosting of Websites on
the
  Internet [3.0]
28. Wills, Estates, and Trusts: Current Case Law Developments in Texas [3.0]

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

For more details on any of these CLEonline.com seminars, please visit:

                      http://www.cleonline.com

    There is NO LIMIT on the number of CLE credits you can earn
    through CLEonline.com seminars under the Texas MCLE rules.
    So you can now satisfy ALL of your annual MCLE requirements
    through our convenient online CLE seminars, without
    sacrificing valuable time away from your practice.

Thanks for your time and consideration.  We would greatly appreciate it
if you could pass this information along to any of your colleagues and
associates who may also be interested in these CLEonline.com seminars. If
you need further information, please reply back or give us a call, and we
will be happy to provide such information to you.

[Please Note:  If you are not interested in receiving CLEonline.com
seminar announcements, we apologize for the interruption, and we will
gladly remove your name from future mailings if you would simply
reply back to this message and ask that you not receive future
announcements.]

Regards,

Michael De La Rosa, Esq.
CLEonline.com
(512) 310-9618
info@cleonline.com
http://www.cleonline.com


Just as I was getting well.  Anyone want to plat golf the Saturday after
Thanksgiving?  I anm ready to resume play.


call me after 3.
713.853.9351

LC


- 181_187PIP_Language.zip


To:	    Employees

From:	    ENRON Benefits Department

Subject:    All Employees Participating in the ENRON Domestic Benefit Plans

Enron Benefit Plans
Summary Annual Report

The basic financial and insurance information on the back of this page, as well as the material below, provide a Summary Annual Report for the Enron Benefit Plans.  The annual report for each plan has been filed with the Internal Revenue Service, as required by the Employee Retirement Income Security Act of 1974 (ERISA).

NOTE:  You may receive a report for a benefit plan in which you are not a participant or under which you are not entitled.  Entitlement to benefits under any of the plans is based on the provisions of each plan.

Your Rights to Additional Information

You have the right to receive, upon request, a copy of the full annual report, or any part thereof, for any plan.  For insured plans, insurance information (including any sales commissions paid by insurance carriers) is shown in the annual reports.

To obtain a copy of the full annual report, or any part thereof, for any plan, write or call:

Enron Corp Shareholder Relations
1400 Smith Street
Houston, TX  77002-7311

(713) 853-6161

You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both.  If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report.

You also have the legally protected right to examine the annual report at the main office of the plan (Enron Corp., 1400 Smith Street, Houston, TX  77002-7311) and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs.  Requests to the Department should be addressed to:  Public Disclosure Room, N-5638, Pension and Welfare Benefits Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.


STEVE KEAN

	Billy Dorsey@ENRON_DEVELOPMENT
	01/31/2001 11:15 AM

		 To: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cliff
Baxter@ECT, Jeremy Blachman@EES, Philippe A Bibi@ECT, Raymond Bowen/HOU/ECT,
Michael R Brown@ECT, Harold G Buchanan@EES, Rick Buy@ECT, Richard
Causey@ENRON, Diomedes Christodoulou/SA/Enron@Enron, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Cox@Enron Communications,
David W Delainey@ECT, James V Derrick@ENRON, Steve Elliott@ENRON
COMMUNICATIONS, Andrew S Fastow@ECT, Mark Frevert@Enron, Ben Glisan@ECT,
Kevin Hannon@ENRON COMMUNICATIONS, Rod Hayslett@ENRON, Stanley Horton@ENRON,
James A Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J
Kean/NA/Enron@Enron, Louise Kitchen@ECT, Mark Koenig@ENRON, Kenneth
Lay@ENRON, John J Lavorato/Corp/Enron, Dan Leff@EES, Danny McCarty@ECT, Mike
McConnell/HOU/ECT@ECT, Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Jeffrey McMahon/HOU/ECT, Mark Metts/NA/Enron@Enron, Mark S Muller@EES, Cindy
Olson@ENRON, Lou L Pai@EES, Ken Rice@ENRON COMMUNICATIONS, Matthew
Scrimshaw@ECT, Jeffrey A Shankman@ECT, Jeffrey Sherrick@ENRON, John
Sherriff@ECT, Jeff Skilling@ENRON, Marty Sunde@EES, Greg Whalley@ECT, Thomas
E White@EES, Marcia Manarin/SA/Enron@Enron, G G Garcia@Enron, Susan
Skarness/HOU/ECT@ECT, Karen K Heathman@ECT, Sharron Westbrook@ENRON, Kay
Chapman@ECT, Molly Bobrow/NA/Enron@Enron, Stephanie Harris@ENRON, Bridget
Maronge@ECT, Nicki Daw@Enron, Inez C Dauterive@ECT, Carol Ann Brown@ECT,
Cindy Stark@ENRON, Maureen McVicker/NA/Enron@Enron, Joannie Williamson@ENRON,
Rosalee Fleming@ENRON, Vanessa Groscrand@ENRON, Tori L Wells@ECT, Cathy
Phillips@ECT, Loretta Brelsford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sue
Ford/HOU/ECT, Dolores Fisher@Enron, Karen S Owens@EES, Dorothy Dalton@ENRON
COMMUNICATIONS, Mercedes E Estrada@Enron Communications, Christina
Grow@ENRON, Lauren Urquhart@ECT, Sherri Sera/Corp/Enron@ENRON, Katherine
Brown@ENRON, Liz M Taylor@ECT, Judy G Smith@EES, Kathy
McMahon/NA/Enron@Enron, Suzanne Danz@ENRON, Peggy McCurley/HOU/ECT@ECT,
Marsha Schiller/HOU/ECT, Fiona Stewart/LON/ECT@ECT, Jana L
Paxton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Connie
Blackwood/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tammie Schoppe@ECT, Kimberly
Hillis/HOU/ECT, Jennifer Burns@ECT, Sharon Dick@EES, Beverly Aden@EES, Kathy
Dodgen@EES, Kerry Ferrari@ECT, Carol Moffett@EES, Jennifer Adams@Enron
Communications, Leah Rijo@ECT, Lucy Marshall/Enron Communications@Enron
Communications, Kathy Campos@ENRON, Julie Armstrong@Enron, Mrudula
Gadade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brenda Castillo@Enron, Kelly
Johnson@Enron, Rebecca Carter@ENRON
		 cc: Video conference@enron, Vanessa Groscrand@ENRON
		 Subject: EXECUTIVE COMMITTEE MEETING-- FEBRUARY 5

Executive Committee Weekly Meeting
Date:  Monday, February 5
Time:  11:00 a.m. (CDT)
Location: 50th Floor Boardroom
Video:  Connections will be established with remote locations upon request.
Conf call: AT&T lines have been reserved.  Please contact Sherri Sera
(713/853-5984)
  or Bill Dorsey (713/646-6505) for the weekly dial-in number and passcode.

Please indicate below whether or not you plan to attend this meeting and
through what medium.

 Yes, I will attend in person ___X____


Ken Krisa and Jim Osborne will be here tomorrow to discuss what they proposed
bidding on the Wildhorse System.  Bids are due this Friday.

The meeting will run from about 8:30am to 11:00am in ECR's big conference
room - EB3335.


Dear Dr. Lockwood,

I had discussed with you an extension for RC502 and I would like to propose finishing the course in January of 2002.   I am currently enrolled in RC520 and will finish this course as per the regular schedule.  The reason for my extension request is due to an unexpected increase in workload from my current job, my desire to focus on the Analytic methods course and my decision to apply to the DIA JMIC Graduate training program (I wish to spend a good deal of time time on the application).  Please let me know if this meets with your approval.

Sincerely,

Lawrence J. May
713 853-6731
work: larry.may@enron.com
home: ljnmay@aol.com


Linda;
FYI - Steve will be in Japan most of this week.  He returns to the office on
Friday.

     Maureen

Linda Robertson
05/12/2001 09:31 AM
To: Steven J Kean/NA/Enron@Enron
cc:

Subject: Andrew Lundquist

I helped hook Ken up with Andrew last night.  They talked about 6 EST.   Will
you get a read out?  Thanks


Sorry about that, I had some tech difficulty with the first version and the
subject line, which was pertinent, was not included.

Mary

 - Good catch Carlos


Just summarize the proposal again (briefly) and indicate the changes we
agreed to make based on the technical conference and how we believe the
initial filing, as modified to resolve the reasonable concerns raised by
parties, ought to be approved.  I'd also add a short recount on the conoco
and I. Shippers issues and indicate that vague, industry wide market
affiliate issues are not appropriate in this docket and that the fact that
some (not even all) producers have paranoid competitive concerns should not
preclude shippers who would really benefit form these products from gaining
access to them (i.e, summarize CalPine's very helpful comments).  df

Susan Scott
02/08/2001 10:07 AM
To: Mary Kay Miller/ET&S/Enron@ENRON, Drew Fossum@ENRON, fkelly@gbmdc.com
cc:

Subject: TW Options -- initial comments

I understand that the decision is that we will file brief initial comments in
this proceeding.
I'm happy to take a stab at a first draft, but am not sure where to begin.
If you could list some specific points you think we ought to make, that would
be helpful.  Thanks.


Soussan,
    The article is interesting but I have to wonder how serious the Bain
study is. Most of the graphs of adoption rates look pretty flat to me, so I
doubt that the results have much statistical significance. They had lots of
management systems to ponder and only reported the most dramatic changes,
and the changes aren't dramatic.
    Moreover, real options differs from the other management systems in one
very important respect: it is built upon an intellectually sound model that
is designed to add value to corporations. The others are based more upon pop
culture and don't have an intellectual basis.
    Of course, academic integrity doesn't necessarily gain mind share or
market share for real options. There is an important network effect and the
large number of quality people working in the field has the effect of
enhancing the mind share for real options. I think we are headed in the
right direction--there is enormous interest in seminars and for consulting
work. We'd all want more, but the trend is unmistakably in favour of real
options.
    Thus, I'd love to see the actual Bain study. I tried to log onto their
site, but needed a password that I don't have.
    Thanks for sending it.
--cheers, Gordon
------------------
Gordon Sick, Professor of Finance
Faculty of Management, Scurfield Hall 150
University of Calgary
2500 University Drive NW
Calgary, Alberta, Canada T2N 1N4
sick@ucalgary.ca
Tel: +1 (403) 220-7165, Fax: +1 (403) 284-7903 (Calgary)
Preferred fax: +1 (425) 732-1248 (US)

Other activities:
Book Review Editor Journal of Finance

Course on Managing Not-for-Profit Organizations
http://www.ucalgary.ca/~sick/cobra

----------
>From: "Faiz, Soussan" <faizs@texaco.com>
>To: "'114463.3226@compuserve.com'" <114463.3226@compuserve.com>,
"'adam.borison@us.pwcglobal.com'" <adam.borison@us.pwcglobal.com>,
"'alberto.micalizzi@sda.uni-bocconi.it'"
<alberto.micalizzi@sda.uni-bocconi.it>, "'atriantis@rhsmith.umd.edu'"
<atriantis@rhsmith.umd.edu>, "'gardner.walkup@us.pwcglobal.com'"
<gardner.walkup@us.pwcglobal.com>, "'gordonsick@mac.com'"
<gordonsick@mac.com>, "'jes9@mail.duke.edu'" <jes9@mail.duke.edu>,
"'jmatheson@sdg.com'" <jmatheson@sdg.com>, "'jmccormack@sternstewart.com'"
<jmccormack@sternstewart.com>, "'lenos@ucy.ac.cy'" <lenos@ucy.ac.cy>,
"'lgc@roce-inc.com'" <lgc@roce-inc.com>, "'martha_amram@sdg.com'"
<martha_amram@sdg.com>, "'timothy.luehrman@us.pwcglobal.com'"
<timothy.luehrman@us.pwcglobal.com>, "'TomCopeland@monitor.com'"
<TomCopeland@monitor.com>, "'Vince.J.Kaminski@enron.com'"
<Vince.J.Kaminski@enron.com>
>Subject: Real Options - A Management fad?
>Date: Tue, Apr 25, 2000, 12:59 PM
>

> Not sure whether you've come across the attached article in the latest
> Economist?!
>
>  <<Fading_Fads.pdf>>
> If the stated survey claim is true (and BTW I don't agree with their
> definition of "real options analysis"), the "message" doesn't seem to be
> getting across.  I personally don't think that ROA is a fad.  However, as
> Tim Luehrman has stated, we have a major "language" and "practical
> application" issue.
>
> I certainly encourage rectifying the "hopeless" message of this article by
> proposing a "counter-point" article in The Economist.  In my view, ROA isn't
> everything, however, it provides a powerful nucleus for the creation,
> protection, and delivery of value (Navigant - thanks for your focal chart!).
> We should also learn from the lessons of the other so-called "management
> fads"!!
>
> Soussan Faiz
> Texaco Inc.
> (914) 253-4187
>
>
>
>
>


You have received this email because the requester specified you as their Manager. Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000053239&Page=Approval to review and act upon this request.

Request ID          : 000000000053239
Request Create Date : 8/14/01 12:36:49 PM
Requested For       : michael.mier@enron.com
Resource Name       : Enpower North America West Production Scheduler - Schedule Deals
Resource Type       : Applications


Kraft (KFT) IPO

On Tuesday, June12, they will be pricing the IPO for Kraft(KFT)-formerly
part of the Phillip Morris Company(MO). Price talk is in the 27-30 range.
The IPO has been oversubscribed-indicating that there is a great deal of
interest in KFT(formerly the non-tobacco part of the Phillip Morris
Company). If you would be interested in hearing more about the Kraft(KFT)
IPO, please call us at 713-957-7060, or reply to this
e-mail(henry.emery@ubspainewebber.com).

Sincerely,
Hank Emery
UBS PaineWebber
Emery Financial Group

Notice Regarding Entry of Orders and Instructions: Please
do not transmit orders and/or instructions regarding your
UBS PaineWebber account(s) by e-mail. Orders and/or instructions
transmitted by e-mail will not be accepted by UBS PaineWebber and
UBS PaineWebber will not be responsible for carrying out such orders
and/or instructions.  Notice Regarding Privacy and Confidentiality:
UBS PaineWebber reserves the right to monitor and review the content of
all e-mail communications sent and/or received by its employees.


SK - I printed this & put it & attachments in your meeting folder.  mm

FYI.   See plans for PacifiCorp.  PacifiCorp is largest utility in Wyoming.
---------------------- Forwarded by Paul Kaufman/PDX/ECT on 05/25/2001 12:44
PM ---------------------------

Steve Walton
05/03/2001 04:06 PM
To: Paul Kaufman/PDX/ECT@ECT
cc: Susan M Landwehr/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
Subject:

I have updated the material I sent you yesterday to include information on
expansion plans of Bonneville and PacifiCorp, the two biggest owners in the
Northwest Power Pool.  (In the US portion of the pool, BPA has 50% of the
investment, PacifiCorp about 25% and the remaining IOU's the other 25%.  The
statement "Bonneville owns 80% of the transmission in the Northwest" is only
true if you exclude Canada, most of Montana and Idaho, all of Wyoming, Utah
and Nevada.)  Don't quote the data for PacifiCorp, since it is not final and
publicly announced.  The Bonneville data is from public sources.


Enron Methanol nominates the following requirements for the Methanol Plant
for February 2000:

33,000 mmbtu per day

EGPFC nominates the following requirements for the MTBE Plant at Morgan's
Point for February 2000:

10,000 mmbtu per day


Dear Ken,

I just want to let you know that I as an employee, really appreciate all what you have done to try and get Enron back on the road again. It must be very painful for you to see a company go down especially since you have been there right from its inception.

I just wanted to ask you if it would be possible for you to give me about 10 minutes of your time sometime this week or probably next week. I would be really happy if I could meet you.

Thank you.

Yours Sincerely,

Vridhay


Attached is a clean draft Guaranty for Enron Corp.  A marked copy will be
sent out first thing this morning. The guaranty incorporates Mayer Brown's
comments.  In addition, a notice provision has been built into Section 1(A)
and a reservation of defenses provision has been added to Section 3.


can you get me the rent check today?


Please find attached the latest regulatory filing summary


We didn't buy anything from Pan Energy at Centana Mobil until April the 3rd.
So, we shouldn't pay for this gas.

D

Katherine Herrera@ENRON
07/28/2000 01:21 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Re: Centana Mobil April 00

PanEnergy purchase: Deal #231758.

Gas in the amount of 271 mmbtus for April 1st was purchased from PanEnergy on
deal # 231758 .
However, scheduling has indicated that they have no sale for that gas on day
one and as a result, it is not pathed in the system.

Could you please review this item and see if it should or shouldn't be a sale
so that Scheduling can either path April 1st or I can dispute the volume
being billed to us by Pan Energy.

This is part of Pan Energy's exchange deal.

Katherine
5-8643
-------------------- Forwarded by Katherine Herrera/Corp/Enron on 07/28/2000
12:57 PM ---------------------------

Carlos J Rodriguez@ECT
07/21/2000 09:37 AM
To: Katherine Herrera/Corp/Enron@ENRON
cc: Thu Nguyen/HOU/ECT@ECT, Kristen J Hanson/HOU/ECT@ECT, Howard B
Camp/HOU/ECT@ECT

Subject: Re: Centana Mobil April 00

Katherine

 As I  told Thu before (see below), I did not see any volumes for that deal
in 4/00. I think this volume is some residue that flow from the last day in
March and probably should be allocated to that month. I dont show a deal to
purchase or sell that gas in April. If you have any more questions please let
me know, thanks.

Carlos

Katherine Herrera@ENRON
07/20/2000 03:50 PM
To: Carlos J Rodriguez/HOU/ECT@ECT
cc: Thu Nguyen/HOU/ECT@ECT, Kristen J Hanson/HOU/ECT@ECT, Howard B
Camp/HOU/ECT@ECT
Subject: Re: Centana Mobil April 00

Deal #231758
This brokered gas in the amount of 271 mmbtus for April 1st was purchased
from PanEnergy on deal # 231758
Could you please review this item and see if it should be pathed, so that I
may pay Pan Energy for the gas in question?

Katherine
5-8643
---------------------- Forwarded by Katherine Herrera/Corp/Enron on
07/20/2000 03:43 PM ---------------------------

	From:  Thu Nguyen @ ECT                           07/20/2000 03:38 PM

To: Katherine Herrera/Corp/Enron@ENRON
cc:

Subject: Re: Centana Mobil April 00

Katherine,

 This is a brokered deal (Buy Deal 231758 and Sell Deal 93472).  This first
day was not pathed, that's why you are missing volume of 271.  Per Carlos
(see below) the deal was not for day one.

Thu
---------------------- Forwarded by Thu Nguyen/HOU/ECT on 07/20/2000 03:34 PM
---------------------------
From: Thu Nguyen on 05/11/2000 04:18 PM
To: Carlos J Rodriguez/HOU/ECT@ECT
cc:
Subject: Re: Centana Mobil April 00

Carlos,

 I don't think I can allocate April's volume to March production.  Could you
please extend the deal to April 1 so that I can allocate it.  Thanks

Thu

Carlos J Rodriguez
05/11/2000 08:34 AM
To: Thu Nguyen/HOU/ECT@ECT
cc: Carlos J Rodriguez/HOU/ECT@ECT
Subject: Re: Centana Mobil April 00

Thu, I did not see any volumes for that deal in 4/00. I think this volume is
some residue that flow from the last day in march and probably should be
allocated to that month. If you have any more questions please let me know,
thanks.

Carlos  3-6673

	From:  Thu Nguyen                           05/10/2000 09:31 AM

To: Carlos J Rodriguez/HOU/ECT@ECT
cc: Kyle R Lilly/HOU/ECT@ECT
Subject: Centana Mobil April 00

Carlos,

 There is flow os 271 for 04/01/00.  Deal 93472 was not path for the same
day.  Could you please let me know what needs to be done.

Thu
3-7159


Hi Sara, here is a spreadsheet of the power financial trades we have done for
the last two weeks.

Thanks,
Melissa
3-1886


The Energy Commission has approved a petition to add 7 acres to the High Desert Power Plant Project site. You may view the letter of approval at the following location:

http://www.energy.ca.gov/sitingcases/highdesert/compliance/index.html

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
If you would like to unsubscribe from this
list.  Please use our form located at:

http://www.energy.ca.gov/html/listservers.html

Nancy Hassman
California Energy Commission
Web Team

* * * * * * * * * *  * * * * * * * * * *   * * * * * * * * * *


Who does Enron prefer to hold the money?

>>> <Susan.J.Mara@enron.com> 03/21/01 11:52AM >>>
FYI

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/21/2001 08:46 AM -----

                    "Daniel
                    Douglass"               To:
<Barbara_Klemstine@apsc.com>,
                    <Douglass@ArterH        <Vicki_Sandler@apses.com>,
<berry@apx.com>,
                    adden.com>              <dcazalet@apx.com>,
<billr@calpine.com>,
                                            <jackp@calpine.com>,
<Ken_Czarnecki@calpx.com>,
                    03/21/2001 08:22        <gavaughn@duke-energy.com>,
                    AM                      <rjhickok@duke-energy.com>,
<gtbl@dynegy.com>,
                                            <jmpa@dynegy.com>,
<jdasovic@enron.com>,
                                            <susan_j_mara@enron.com>,
                                            <Tamara_Johnson@enron.com>,
                                            <curt.Hatton@gen.pge.com>,
<foothill@lmi.net>,
                                            <camiessn@newwestenergy.com>,
                                            <jcgardin@newwestenergy.com>,
                                            <jsmollon@newwestenergy.com>,
                                            <rsnichol@newwestenergy.com>,
                                            <nam.nguyen@powersrc.com>,

<Curtis_L_Kebler@reliantenergy.com>
                                            cc:
                                            Subject:     FYI - PX sues ISO

The California Power Exchange has filed a complaint for declaratory relief
against the California Independent System Operator.  The case description
from our tracking service reads as follows:

Plaintiff seeks a declaration that defendant lacks the legal right to hold
the $177 million in funds remitted to the ISO by PG&E in response to
invoices transmitted to PG&E by plaintiff in connection with obligations
incurred in December 2000 by PG&E in the ISO's markets.


Ridota's a tough customer.  Very political type--knee-capper from the Wilson administration who was involved in the conflicts between Fessler and Knight, large customers and utilities, etc.  DA and Dereg done right (i.e., California never de-regulated) sound good.  May want to add the great job Davis did at locking a generation of Californians into $46 billion of contracts.  Maybe, on the energy issue, Riordin wants to look like a statesman, saying that if he were governor, he'd get everyone to the table to settle this thing once and for all--law suits, bad DWR contracts, ensuring customers have choices.

 -----Original Message-----
From: 	Mara, Susan
Sent:	Wednesday, October 17, 2001 2:28 PM
To:	Shapiro, Richard; Kaufman, Paul; Dasovich, Jeff; Steffes, James D.; Landwehr, Susan M.
Subject:	Riordan contact with WPTF

Gary Ackerman was contacted by the campaign and agreed to meet with them on the 22nd. He will meet with Joe Ridota who is responsible for energy policy.  Gary would like some direction -- I'll be chatting with Gary on DA and let's do deregulation right.  ANything else you'd like to me pass along?


Aimee,

The Global Octanes plant crashed last night.  The undertakes (volume below
the base load sale) will not go to the buyback.  This is considered a force
majeure.  Do not allow any volumes to be allocated to the buyback until
notified by either Lee Papyoti or myself.  Thanks.

D


Hari,

Thanks. Please, keep me posted about your progress.
Any published papers?

We shall send you the printout.

Vince

Hari Natrajan <hnatraj@IIMB.ERNET.IN> on 03/06/2001 08:47:34 PM
To: "'Vince.J.Kaminski@enron.com '" <Vince.J.Kaminski@enron.com>
cc:
Subject: RE:

Dear Mr. Kaminski,

Thank you very much for your prompt response. I look forward to receiving a
copy of your article.

I would also appreciate it if you could let me know whether Enron provides
research grants to individuals who are working in the area of Energy Risk
Management.  Towards my research, I am trying to develop a model to estimate
electricity spot price.

In any case, I will be getting in touch with you again a year or so down the
line when I am nearing completion of my dissertation because Enron is my
dream job.

I look forward to hearing from you.

Thank you,

Yours sincerely,

Hari Natarajan
Fellowship Student
Indian Institute of Management Bangalore
Bannerghatta Road
Bangalore 560076
India
Tel: 91-80-6993056
Fax: 91-80-6584050
E-mail: hnatraj@iimb.ernet.in

-----Original Message-----
From: Vince.J.Kaminski@enron.com
To: hnatraj@IIMB.ERNET.IN
Cc: Shirley.Crenshaw@enron.com; Vince.J.Kaminski@enron.com
Sent: 3/6/01 8:34 PM
Subject: Re:

Hari,

I shall send you a reprint of the  article. I had to
cancel my presentation at San Antonio.

Vince

Shirley,

Please, send a copy of the article to Hari.

Hari Natrajan <hnatraj@IIMB.ERNET.IN> on 02/28/2001 06:45:29 AM

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

Dear Mr. Kaminski,

I am a doctoral student at the Indian Institute of Management Bangalore,
India.  My area of interest is the Energy Sector, especially Electricity
Derivatives. I am interested in obtaining a copy of the following items:

1) Your presentation "Current Challenges in Modeling Power Price
Volatility"
at the session on Price Volatility & Probabilistic Methods in the Energy
Markets.  (http://www.informs.org/Conf/SanAntonio2000//TALKS/MD29.html)

2) Your chapter "The Challenge of Pricing and Risk Managing Electricity
Derivatives" in the book 'The US Power Market', Risk Publications.

I would appreciate it if you could send me a soft/hard copy of the same.

Thank you,

Yours sincerely,

Hari Natarajan
Fellowship Student
Indian Institute of Management Bangalore
Bannerghatta Road
Bangalore 560076
India
Tel: 91-80-6993056
Fax: 91-80-6584050
E-mail: hnatraj@iimb.ernet.in


Does Matt Lee, our lawyer in the Singapore office, know he needs to file NDAs
with you?
----- Forwarded by Tana Jones/HOU/ECT on 02/23/2001 09:14 AM -----

	David Forster@ENRON
	02/23/2001 07:19 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Andy Zipper/Corp/Enron
		 Subject: Confidentiality Agreement - PETRONAS / ENRON

Fyi:

This is in the works by the LNG guys and is intended to cover release of some
EnronOnline information.

Dave
---------------------- Forwarded by David Forster/Corp/Enron on 02/23/2001
07:19 AM ---------------------------

V V Rao@ECT
02/23/2001 01:54 AM
To: Russell Dyk/Corp/Enron@ENRON, David Forster/Corp/Enron@Enron
cc:

Subject: Confidentiality Agreement - PETRONAS / ENRON

fyi
---------------------- Forwarded by V V Rao/SIN/ECT on 23/02/2001 15:49
---------------------------

Matthias Lee
23/02/2001 15:50
To: Clay Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: V V Rao/SIN/ECT@ECT, Satish Venkataraman/SIN/ECT@ECT, Angeline
Poon/SIN/ECT@ECT, Matthias Lee/SIN/ECT@ECT

Subject: Confidentiality Agreement - PETRONAS / ENRON

Clay

Please see below the procedure for execution of the CA which I have agreed
with Sareen of Petronas.

Please print two copies and sign on both. One copy should be delivered to
Sareen in exchange for the fax copy executed by Mr Muri Mohammad. The other
is to be retained by us for our records.

Regards
Matt

---------------------- Forwarded by Matthias Lee/SIN/ECT on 02/23/2001 03:45
PM ---------------------------

Matthias Lee
02/23/2001 03:47 PM
To: sareen@petronas.com.my @ ENRON
cc: Matthias.Lee@enron.com@ENRON, sareen@petronas.com.my@ENRON,
muri@petronas.com.my@ENRON, sharon@petronas.com.my@ENRON,
salehh@petronas.com.my@ENRON, leec@petronas.com.my@ENRON,
adlan@petronas.com.my@ENRON, mizlan@petronas.com.my@ENRON,
rosdym@petronas.com.my@ENRON, Satish.Venkataraman@enron.com@ENRON,
Angeline.Poon@enron.com@ENRON, V V Rao/SIN/ECT@ECT, Clay
Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Comments on the Proposed Enron Confidentiality Agreement - LNG
ONline

Dear Sareen

Thank you for the marked up finalised version of the CA to be dated 26
February 2001. I confirm it is in order and attach herewith a clean version
incorporating all your amendments. Please note that I have added Clay Harris'
name and title to the execution clause.

As discussed, since our authorised signatories will be in different places,
we will execute the CA in counterparts as follows:

1. You will print the attached CA for your Mr Muri Mohammad who will sign
them on Monday in KL.

2. The signed CA will be faxed to you in London on Monday which you will
deliver our Mr Clay Harris.
A copy will also be faxed to me on Monday.

3. You will leave intructions for the original CA signed by Mr Muri Mohammad
to be couriered to me in Singapore which I should receive by Tuesday.

4. Our Mr Clay Harris will sign a counterpart CA and will deliver the
original to you on Monday in exchange for the faxed counterpart signed by Mr
Muri Mohammad.

My address:
391B Orchard Road #10-03
Ngee Ann City Tower B
Singapore 238874

My Fax :
(65) 734 2868

Please confirm by return e-mail. Thanks

Matt

sareen@petronas.com.my on 02/23/2001 12:00:06 PM
To: Matthias.Lee@enron.com
cc: sareen@petronas.com.my, muri@petronas.com.my, sharon@petronas.com.my,
salehh@petronas.com.my, leec@petronas.com.my, adlan@petronas.com.my,
mizlan@petronas.com.my, rosdym@petronas.com.my,
Satish.Venkataraman@enron.com, Angeline.Poon@enron.com,
Matthias.Lee@enron.com

Subject: Re: Comments on the Proposed Enron Confidentiality Agreement - LNG
ONline

Dear Matt,

As discussed please find a marked up version of the CA, ready for execution
upon your confirmation of its suitability.

Thank you.

Regards,
Sareen,

(See attached file: PET-ENRON CA Final Version.doc)


Amy -

That's the best news I've heard all day! Looks like we're getting this checkout process down to a science. As far as the new scheduling fee, I'm being told that we're still negotiating a way to enter this into Enpower. I'll let you know once I've talked with Cara and Greg to determine whether or not it will be a price adjustment per MW on each deal or a lump sum annuity each month. In the meantime, just let me know when you have more information on the buy-resale prices - I think I have an answer for you.

Thanks,
Kate
503-464-3939
 -----Original Message-----
From: 	Clemons, Amy
Sent:	Monday, August 06, 2001 3:11 PM
To:	Symes, Kate
Subject:	FW: Kathy from EPE's answer
Importance:	High

Kate - Kathy has asked me about this annuity:

 "you will be billing us an annuity for $43,708.25 for the month of
July for a scheduling fee of 25 cents per MWH associated with our
preschedules that Portland puts together for us.  This will continue from
now on.   Could you lump this monthly amount in with our total mwh purchase
amount on the invoice?"

Where will I see this?  I need it to be entered into EnPower in order to bill them  - also, will this be captured in the model?

Let me know - that is the only question I have for July - Except: the BR in the model is different fromt he BR prices in EnPower.  I am trying to figuire where they are off.  Once I do, that will be the only change (besides this annuity) that I will need you to make -THE RECONCILIATION THIS MONTH WAS GREAT!!!!!!  Thanks so much for your attention! - Amy

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Wednesday, August 01, 2001 3:17 PM
To:	Wolfe, Greg
Cc:	Clemons, Amy; Gang, Lisa
Subject:	Kathy from EPE's answer

Kathy had a meeting with Rodger and the accounting people at EPE, and they want to just show everything on the sheet and not do any billing changes in the individual deals.  I explained your point and validated that I thought it would help them later with the PUC stuff.  She told me that she is talking to our settlements person in Houston (Amy Clemons) and wants to show it as just part of the overall invoice number each month instead of breaking it out.  She said that would accomplish the same thing.

Pete is out of the office until Monday, but they are going to get his final blessing on this before the final OK is given on procedure.

Let me know if there is anything further I need to do on this.

C


The migration of UNIX home directories and applications (Solar) scheduled for this weekend has been moved to the weekend of October 13 and 14, 2001.

	Further information as to times and problem escalation procedures will be posted early next week.

Bob Ambrocik
Enterprise Storage Team
EB 3429F
x5-4577
bob.ambrocik@enron.com


Attention POWER REPORT Readers: Go to
http://www.powermarketers.com/prdaily.htm to view today's edition with direct
headline links to each story.]

======================================================================
The Industry's Preferred Source For Breaking Energy News And Information
http://www.powermarketers.com
----------------------------------------------------------------------
T H E P O W E R M A R K E T E R S .C O M P O W E R R E P O R T

Today's Headlines From POWERMARKETERS.COM

Subscriptions to The PowerMarketers.com Power Report are free - you will
never be charged.

You may redistribute this e-mail without change. You may not redistribute
stories.

To register for a free subscription, point your browser to:
http://www.retailenergy.com/pma/dprreg.htm

************************************************************************

    CRISIS AND OPPORTUNITY:  POWER MARKETS 2001
     March 15-16, 2001 Aladdin Hotel Las Vegas

                            and

         FUNDAMENTALS OF POWER MARKETING
        Preconference Seminar March 14, 2001

http://www.pmaconference.com/0103Agenda.pdf

Early-bird specials extended till February 27 !!!  The Aladdin Hotel has
agreed to extend its special room rates one more week, till February 27, for
attendees of Power Markets 2001.  PMA is holding its early payment discount
till the same date!

Take this opportunity to meet some of the tens of thousands of your fellow
power report readers in Las Vegas at CRISIS AND OPPORTUNITY:  POWER MARKETS
2001.  March 15-16, 2001.   For brochure, download:

http://www.pmaconference.com/0103Agenda.pdf

**********************************************************************

DISTRIBUTED GENERATION

an Energy Info Source Report

* The Key Technologies being used or planned for DG
* The Uses  of DG from utility, energy service provider, and customer
viewpoints
* The Economics  of DG and its Market Potential
* The Benefits of DG
* The Barriers  that exist to implementing DG
* The Participants  involved in the DG industry
* The state of Current Regulatory Activities and Rulings affecting the
implementation of DG

Only $999.   For additional information, download:
http://www.pmaconference.com/distgen.pdf

************************************************************************

--------------------T O P S T O R I E S--------------------

Top Stories (February 23)

SOUTHERN CALIFORNIA EDISON: SALE OF TRANSMISSION GRID INCLUDED
John E. Bryson, chairman, president and chief executive of Edison
International said in Friday's press release that "while we continue to
believe that as a matter of law and equity we are entitled to be fully
reimbursed for the cost of purchasing power on behalf of our customers, this
agreement is far preferable to perhaps years of protracted litigation for our
ratepayers, shareholders, creditors and employees."
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/23/eng-djn/eng-djn_220053_55_5569065944292

MIRANT TO PROVIDE 750 MW OF ELECTRIC CAPACITY FOR MARCH
Mirant Corp. agreed to provide 750 megawatts of electric generation capacity
to the California Department of Water Resources, the state's electricity
buyer, for the month of March.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/23/eng-djn/eng-djn_230054_235_765605722554

FERC REPORT ON MIDWEST ISO DEADLINE, ALLIANCE DEAL EXTENDS RTO DEADLINE
A report late Friday from a Federal Energy Regulatory Commission official
confirms a comprehensive agreement between two major Midwest transmission
grid operators, and also suggests an extended deadline for the two groups to
become operational.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/23/eng-djn/eng-djn_230053_166_106539950706

US JUDGE: GENERATORS MUST SELL POWER TO CALIFORNIA UNTIL MARCH 16
A U.S. District Court Judge ruled Friday that power generators must continue
to sell power to California's Independent System Operator until March 16,
when all parties will meet again with the judge, an ISO spokesman said.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/23/eng-djn/eng-djn_220047_189_895760742947

-INDIANA BILL AIMS TO TIGHTEN CONTROL OVER MERCHANT POWER PLANTS
Residents from around Indiana called upon lawmakers Thursday to tighten
regulations and permit local control of new electric power plants. Opponents
of merchant power plants -- which sell electricity on the wholesale market to
out-of-state utilities -- crowded into the Indiana House chambers to support
House Bill 1979.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/writersd
esk/2001/02/24/eng-powerm-000001/eng-powerm-000001_000611_66_7581045487896

MADISON GAS, WISCONSIN ENERGY JOIN TO BUILD COAL-FIRED POWER PLANTS
In a pairing of once-bitter foes, Madison Gas and Electric Co. is joining
with Wisconsin Energy Corp. in plans to build three coal-fired power plants.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/24/krtbn/0000-0373-WJ-POWER

BUTTE, MONTANA-BASED ENERGY FIRM SOLD TO MARYLAND-BASED CONSORTIUM
The $84.5 million cash sale of Continental Energy Services to a group of
companies led by Maryland-based BBI Power Corp. was completed Wednesday.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/24/krtbn/0000-0031-BU-ENERGY-BUY

-DUKE ENERGY NORTH AMERICA BUILDS NEW MERCHANT PLANT IN ARIZONA - ISSUEALERT
FOR FEBRUARY 23, 2001
Duke Energy North America broke ground on a new $250 million electric power
generating facility in Arlington Valley, Ariz. The Arlington Valley Energy
Facility, a 570-MW merchant power plant, will supply electric power to the
wholesale market by summer 2002.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/writersd
esk/2001/02/23/eng-powerm-000001/eng-powerm-000001_110409_233_952613282017

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------
Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

Mirant To Provide 750 MW Of Elec Capacity For March >MIR

FERC Report On MW ISO, Alliance Deal Extends RTO Deadline

US Judge/Generators/ISO -3:Judge Awaits Lawmakers-Source

Mirant Corp./Calif. Water -2: Dept. Paid Bill In Full

Texas PUC/Stranded Cost -2: Utils Say Wait Until 2004

So. Calif. Edison: Protected From Procurement Liability

US Judge/Generators/ISO -2: Parties Await FERC Litigation

So. Calif. Edison: Sale Of Transmission Grid Included

So. Calif. Edison: Agreement Not Yet Final >EIX

Calif. ISO/Idaho Power -2: Covers Sales In Dec. 2000 >IDA

Texas PUC Chair Seeks To Clarify Stranded Cost Authority

So. Calif. Edison Confirms Prelim Pact With Governor

Hebert: Calif Grid Purchase Must Obtain FERC's Approval

US Judge: Generators Must Sell Pwr To Calif Until Mar 16

Calif. ISO Due To Pay Idaho Power $36.6M On March 6 >IDA

Senate Republicans To Unveil Sweeping Energy Bill Mon.

With Many Urging Action, California's Davis Waited

US West Pwr Forwards Dn As Plants Return To Pwr In Calif

FERC OKs Sales Of Montana Power Utility To NorthWestern

Edison Intl, PG&E Dn -2: Hurting Other Utility Stks >PCG

Investors Doubt Signing Of Calif. Deal Fri. - Analysts

Edison Intl, PG&E Shrs Dn As Rescue Plan Talks Continue

Wisc. Energy/Plants-2:New Coal,Natural Gas Plants Planned

Amer Pacific/PacifiCorp-2: Yrly Costs Could Rise $600,000

Dutch TenneT To Reveal 600MW Elec Import Plan Tue

Wisc. Energy Adds $1 billion, 1,100-MW To New Plant Plan

Amer Pacific In Partial Settlement With Pacificorp

Amer Pacific: Monthly Power Bills To Be 20%-30% Higher

Amer Pacific, Pacificorp Amend Elec Supply Pact >APFC

Singapore Power Appoints DBS, Merrill,UBS Warburg For IPO

POLISH PRESS:Entergy,E.On, Others Eye Belchatow Generator

OUTLOOK: Asia Pdt Mkt Hinge On Mid-East Production Cuts

NORWAY PRESS: Oil Fields Seen Producing Beyond Forecasts

Calif Gov,SDG&E,SCE May Sign Util Rescue Plan Fri-Source

UN Environment Head:US Delay On Greenhouse Deal Good Sign

Calif Gov, PG&E Disagree On Utility Rescue Plan

Nevada Power, Sierra Pacific To Raise Rates $27.2M Mar 1

FREE TRIAL: For a free trial of the Dow Jones Energy Service go to
www.dowjonesnews.com, and click "create account," or call
1-800-223-2274.

----------------------------------------------------------------------
N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-nat.htm

Mobile Solar Turbine

Power Events, Defined

The Power of Peak Shaving--and Life-Cycle Costing

Calif. Governor: Deal Made with Edison on Energy Plan

Calif. May Buy Power Grid for $2.7b

Idaho Power Company Files Energy Charge Request

Capp Board Chair to Visit WashingtonContinental Energy Policy And Natural Gas
Supply Issues Top Agenda

SCE Responds to Governor's Announcement of Plan to Restore Utility
SolvencySouthern California Edison Today Released The Following Statement in
Response to Gov. Gray Davis' Announcement That A Framework for A Plan to
Restore California's Electric Utilities to Financial Solvency Has Been Agreed
Upon

Cash-Strapped Utility to Sell Power Lines to California ...

El Paso Addresses the California Energy Situation

The Energy Crunch: Natural Gas Puts Utility in Red

Top Energy Summaries - Friday, February 23, 2001 - 5:23 PM

Anker Coal Group Launches Debt-for-Equity Swap

Advisory/Tep to Unveil New Solar Generating Station And Residential Solar
Program

Management`S Discussions: 10-K405, Valero Energy Corp 2 of 2

Management`S Discussions: 10-K405, Valero Energy Corp 1 of 2

Management`S Discussions: 10-K405, Geodyne Energy Income Ltd Partnership II A
6 of 7

Management`S Discussions: 10-K405, Geodyne Energy Income Ltd Partnership II A
1 of 7

Enmax Energy Provides Energy Saving Tips to Customers

Madison Gas And Electric Declares Regular Dividend

Pancanadian Begins Commercial Development of Its Deep Panuke Natural Gas Field

Ocean Energy Completes Tender Offer for Texoil

Fuel Cell May Provide Power without Lines

Hope for Deregulation Still Bright ; Officials: Illinois Can Avoid
California's Power Crisis

Letters ; California's Kilowatt Casino

Msu Corp - Msu And Udata Net Join Forces for Turn-Key Utility Solution

Mge Secures Investment Option in Wisconsin Energy Corp.'S -Wec- Modified
Power the Future Proposal

-Federal Power Agency Issues Largest Wind Solicitation Ever

Power Woes Apt to Extend Into Spring Combination: Plant Maintenance Will
Coincide with Low Reservoirs

Federal Grant Would Help with Bonneville's Bills Salmon: Dicks Says Power
Agency Entitled to Cash for Recovery Efforts

Montana Power CO: Northwestern Corporation - Ferc Approves Sale of Montana
Power Utility to Northwestern

Ferc Approves Sale of Montana Power Utility to Northwestern

Mirant Enters Contract to Provide 750 Megawatts to California Dwr

Ppl Corp. And Ppl Electric Utilities Declare Quarterly Dividends

Top Energy Summaries - Friday, February 23, 2001 - 2:20 PM

Parties in Power Agreement

Cogdill Talks Power

Repeats: Energy Volume And Open Interest Totals-Feb 23

Transalta Off - on Energy on

Company Defends Maps of Coal-Waste Pond Area

Top Energy Summaries - Friday, February 23, 2001 - 12:21 PM

Lamplighter Energy Ltd. - Proposes to Undertake A Private Placement

After months of blackouts, energy emergency lifted in California

Energy Update/Los Angeles Department of Water And Power Daily Energy Update,
Friday, Feb. 23, 2001

Sempra Energy Solutions Offers Energy Services to Commercial And Industrial
Customers in MidwestNational Energy Services Company Identifies Opportunities
for Chicago-Area Businesses to Benefit from Energy Deregulation

Baan: Baan Names IBM As Worldwide Ibaan Solution Provider; IBM Global
Services to Implement Baan's New Generation Suite of Internet-Enabled Value
Web Collaboration Solutions

Piedmont Natural Gas Increases Dividend for Twenty-Third Consecutive Year

-ENERGY STAR AUDITING STANDARD PROJECT MOVES TO NEW BASE

-CMS Energy Sells Ten Million Shares Of Common Stock

Commission Oks Rate Cut for Natural Gas A Typical Laclede Bill Next Month
Should Be $25 Lower

-Duke Energy North America Builds New Merchant Plant in Arizona - IssueAlert
for February 23, 2001

Around the Nation ; First Respite Since Jan. 13 in California Power Crisis

Stuart Energy Awarded Patent on Cost Reducing Hydrogen Technology

Abraxas Petroleum Corporation Announces 14% Increase in Natural Gas
Production in February Compared to Q4

Orion Power New York Announces Ratified Contract with Ibew Represented
Employees

Xcel Energy Presentation to Financial Community at Eei International
Conference Available on Website

American Pacific Partially Settles Disputed Power Bills

Net Worth ; Fuel Costs Heat Bay Area Inflation Further above U.S. Average /
Natural Gas Prices Up 153% in Region, 59% Nationwide

Energy Firms Won't Pay All of Monster Debt / Puc Reverses, Taxpayers Could
Foot the Bill

Utilities Search for Long-Term Fix During Breather / State Purchase of Power
Lines under Discussion

Helios Energy Plans IPO, Files Sb-2 Registration

Us: Atr Bags Order for Energy-Saving Evaporator Fan Controllers

International Utility Structures Inc - Quarterly Results

International Rectifier's New Technology Breakthrough Simplifies Power
Management Design

Heating Costs Hit Wallets Hard Consumers Cut Back as They Struggle to Pay
Soaring Utility Bills

Navigant Consulting's Energy & Water Practice Announces Completion of First
Customer Care Performance, Cost And Customer Satisfaction Benchmarking Study

Wisconsin Energy, Customers First! Announce Enhanced Power the Future
ProposalAs Part of Historic Agreement, Energy Company Will File Enhanced
Proposal with The Pscw Next Week

Electric CO-OP Boss Tries to Spark Protest

Corporate Profile for Comanche Energy, Inc., Dated February 23, 2001

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Uzbekistan To Reform Energy Industry

Kenya Turns to Neighbours for Enhanced Power Supply

Nigeria Recovers from Another Power Systems Collapse

Japan's Energy Use in FY 2010 to Grow 1.7 Pct from '99

Outback Power Boost

Chubais Urges Immediate Investments in Coal Mining Industry.

Management`S Discussions: 10-K405, Lincoln Electric Holdings Inc

Obituaries ; a Key Force Behind Power Grid Growth

Yuschenko and Ebrd President To Discuss Energy Reforms and Financing Power
Units' Completion

Ohio & Southwestern Energy Company - Strategic Profits Joins Team Canada
E-Business Europe Trade Mission

The Ohio & Southwestern Energy Company - Strategic Profits, Inc. Joins Team
Canada E-Business Europe Trade Mission

Tah To Rehabilitate Hydro Turbine Generators for Wujiangdu Hydro Power Station

Russia cold to Poland's efforts to sort out energy disputes

Big Energy Players Likely Picks for Belchatow Power Plant

Govt. Seeks Galapagos Alternative Energy Bids - Ecuador

Indian Parliamentary Committee Seeks to Rationalise Coal Freight

Transfer of Power Cables Underground Costly: Philippines' Veco

Russians start first new nuclear power station in eight years

Philippines NPC Reports 2.79% Lower Energy Sales in 2000

Indonesia's Paiton Power Plant Awarded Environmental Certificate

German Bank Offers $Us399mln Line of Credit to Hydro Corp

Ues to Make Proposals About Coal Supplies to Power Plants.

Top Energy Summaries - Friday, February 23, 2001 - 9:29 Am

Ecuador: Privatization of Electric Power Distributors Is Ready

U.K. Power Company Ramco Energy Taking Czech Partner to Arbitration

Guangxi Guidong Electric Power To Float 45 Mln A-shares in Shanghai

Top Energy Summaries - Friday, February 23, 2001 - 7:42 Am

Power Unit Put in Operation at Rostov Npp.

Britain Helps Shanxi with Energy Efficiency

Cosworth Minerals Ltd - to Acquire Palcan Fuel Cell CO. Ltd.

Power Supply Restored in Northeast China

Turkey: a Grave Power Shortage Looming

Indian Government: Lok Sabha -- Manufacture of Power Plants Equipment by Bhel

----------------------------------------------------------------------
KRT DAILY ENERGY NEWS
----------------------------------------------------------------------
Access stories online at http://www.powermarketers.com/pma-krt.htm

Plymouth, Conn., Manufacturer's Workers Disappointed Over Mass Layoffs

West Virginia Officials Stand Behind Electricity Deregulation Plan

Energy Sleuth Helps Consumers Track Where All the Power Went

March Bills from Illinois Utility Nicor Gas Fall 25 Percent

Utility Installation Fees Force Rural California Residents Into Alternatives

California Confident About Availability of `Peaker' Power Plants in Summer

Low-Income California Consumers Remain Ignorant About Energy Discount Program

Palo Alto, Calif., Natural Gas Utility Warns of Rate Hikes to Offset Expenses

Palo Alto, Calif., Rewards Consumers for Energy-Saving Behavior

Northwest Power Agency Plans Big Purchase of Wind Energy

California Senate Backs Measure to Create Power Authority

Sacramento, Calif., Municipal Utility District Proposes Electricity Rate Hike

California Lawmakers Propose Relief for Energy Woes, But Can't Promise It

Oregon Utility Rates to Rise 2.55 Percent

Portland Ore.-Based Power Administration Allowed to Adjust Rates

Oregon Legislators, Farmers Struggle Through West Coast Energy Crisis

Fayette County, Pa., Could Get Duke Energy Plant

Pueblo West, Colo., Wraps Up Metropolitan Water Supply Deal

Colorado Residents Turn to Builders to Make Homes Energy Efficient

Florida Senate May Short-Circuit Power-Deregulation Proposal

DES Moines, Iowa-Based Energy Firm Sues California Counterpart for Nonpayment

Huntington Beach, Calif.-Area Electricity Plant May Close for Two Months

Virginia Utility Company Restructures for Deregulation

Kansas Cities Sue Utility Company for Electricity Overcharges

Kansas Legislature Defeats Measure to Assist Power Plant Construction

Texas Energy Commission Ruling Guarantees a Rate Cut

Questions Arise About Spending, Inactivity at Massachusetts Energy Fund

Texas Legislator Proposes Price Cap If Electric Bills Rise under Deregulation

Florida Utility Workers' Union Votes on Contract

Energy Conservation Can Help Save Money on Electricity Bills

Power Official Warns Northwest Region of Rising Electricity Prices

California Debates Implementation of Utility Bailout

California Republicans Blame Democratic Governor for Energy Crisis

Butte, Mont., Judge Allows Lawsuit Against Montana Utility to Continue

Montana Power CO. Focus of Another Burn-Related Lawsuit

U.S. Senator Unites Illinois Residents, Utility to Solve Heating-Bill Problems

New York Electric Companies May Freeze Prices Through 2008 As Part of Merger

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at: http://207.32.82.57/news/ElectricPower.html

2/25/01BIZFEATURE-Calif. sets huge bond issues to end energy crunch

2/24/01Taiwan protesters demand nuclear plant referendum

2/24/01Czech Temelin N-plant resumes operational testing

*********************************************************
NEW on the POWERMARKETERS.COM TRAINING PAGE
*********************************************************
Access all online presentations at: http://www.pmaconference.com

New! Now you can choose to stream the presentation immediately over the web,
or download it to your computer for later viewing-- Free!

New! Five additional RealVideo-based powerpoint-based presentations, with the
accompanying audio. Running about 30 minutes each, the new selections include:

ELECTRONIC TRADING. Power is following natural gas to become an
electronically-traded commodity. The products, the technology and the future
of electricity transactions. Kevin Sluder, Vice President, HoustonStreet
Exchange.

NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing
operation together-- the cash and credit requirements, back office,
information technology, staffing, marketing, sales and organizational
considerations. Andrew Serri, Vice President, AmerenEnergy Marketing.

RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus
far been an underwhelming success, but a great deal has been learned, and it
is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone

MANAGING BILLING. The complex requirements for managing billing and
commodities in the deregulating energy industry cannot be met with current
CIS and CRM technology. Energy Retailers must embrace the next evolution of
energy customer management (ECM) solutions. Paul Grey, Chief Technology
Officer, Peace Software.

THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster
execution, reduced transaction costs, increased number and frequency of
transactions and increased specialization are just some of the changes to
energy markets wrought by the web, and it's just beginning. Implecations of
the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and
Director, Altra Energy Technologies.

Access all online presentations at: http://www.pmaconference.com

****************************************
THE PowerMarketers.com ENERGYYELLOWPAGES
****************************************
http://www.energyyellowpages.net

Where to go when you're looking for:
Billing Systems, Brokers, Call Centers, Coal Marketers, Computers &
Networks, Conference Houses, Energy Management, Engineering Services,
Environmental Services, Exchanges & Clearing Houses, Executive Search
Services, Financial Services, Gas Marketers, Information Services, Internet
Services, Legal Services, Management Consulting , Marketing, Meters, Power
Marketers, Powerplant Development, Powerplant Equipment, Risk Management,
Sales, Software, Trade Associations, Training, Weather Services and more!
Check it out today! http://www.energyyellowpages.net/

----------------------------------------------------------------------
OTHER NEWS & INFORMATION FEATURES ON POWERMARKETERS.COM
----------------------------------------------------------------------

PRICEWATERHOUSECOOPERS NEXT-DAY POWERTRAX ELECTRIC PRICE INDEX:
Access online at: http://www.powermarketers.com/p-trax.htm

ELECTRICITY SPOT PRICES:
Access online at: http://www2.dtnergy.com/pma/btu.plx

ELECTRICITY FUTURES PRICES:
Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.quotes.cfm

NATURAL GAS FUTURES PRICES:
Access online at: http://www.dtn.com/dtnonline/dtnergy/pma/pma.gas.quotes.cfm

THE PowerMarketers.com JobSite:
Access online at: http://www.powermarketers.com/pmajobs.htm
A daily visit to "The PMA Jobs Site" at
http://www.powermarketers.com/pmajobs.htm connects you to a wealth of power
industry opportunities that could supercharge your career!
PMA ONLINE MAGAZINE: Access online at: http://www.retailenergy.com/pmamag.htm

News releases may be submitted to The PowerMarketers.com Power Report via
e-mail to news@powermarketers.com

Copyright 2000 by PowerMarketers.com: http://www.powermarketers.com/

The PowerMarketers.com Power Report is a complimentary service of The Power
Marketing Association. Headlines are copyrighted by their respective
services: Reuters, Knight-Ridder, and others.

Subscriptions to the PowerMarketers.com Power Report are free - you will
never be charged. You may redistribute this e-mail without change. You may
not redistribute stories. To register for a free subscription, point your
browser to: http://www.retailenergy.com/pma/dprreg.htm

TO UNSUBSCRIBE OR CHANGE your subscription, (1) point your browser to "The
PMA OnLine Power Report" subscription services form at
http://www.retailenergy.com/pma/dprreg.htm

OR

(2) , send a message to pma@powermarketers.com. Include "unsubscribe" in the
subject and include your name and email address for confirmation.


Market Participants:

Please assure that this Notification is forwarded to your respective
Operating Departments ---

Notification of Operating Procedure Update
effective 12/12/01 (tonight) at 2359

*	The following revised ISO Operating Procedures has been implemented
and are posted for reference on the ISO Website.

ISO Operating Procedure posted:  CAISO Notification:  Operations Procedure
- G-202 Real-Time Overgeneration Procedure
Version: 3.1
Effective Date: 12/12/2001
Procedure Purpose: Actions to be undertaken by ISO Grid Resource
Coordinators (GRC) and Real-Time (RT) operations personnel to manage the
procurement of Ancillary Services (A/S)
Summary of changes:
   <<M-402 v3.1 Procedure Change Description Form.doc>>

*	Please find them at
http://home.caiso.ecn/scripts/EDMS.cgi?base=%2FISO%20Operating%20Procedures%
2FMarket%20Operations%20%28M%29&page=/osat/opsprocs/index.html under the
appropriate Operating Procedure section heading.

Please e-mail any comments or questions to the 'Procedure Control Desk'
mailbox [mailto:procctrldesk@caiso.com] and we will respond as soon as
possible.

Thank you!

California ISO Procedure Control Desk

Client Relations Communications.0921
CRCommunications@caiso.com


Craig Mazer
429 Broadway Avenue
Orlando, FL 32803
editor@impactpress.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Craig Mazer


fyi - you will need to enter this into Sitara - remember, first 10,000/d is
EOG transport.

---------------------- Forwarded by Lee L Papayoti/HOU/ECT on 03/27/2000
10:56 AM ---------------------------

"Brian E Nichols" <brian_e_nichols@email.mobil.com> on 03/24/2000 02:20:27 PM
To: lpapayo@ect.enron.com
cc:  (bcc: Lee L Papayoti/HOU/ECT)
Subject: ExxonMobil Beaumont Refinery Fuel Needs

Lee,

I did my fuel gas estimate and think that we will need 120-125 BBTU/Day of
fuel
gas for the month of April.  On a side note, we will bring down our gas
turbine
generator on Sunday morning.  This will bring our high pressure gas
requirements
down to essentially zero (it will be zero if our Hydrogen Plant stays down)
and
the demand will transfer to our low pressure gas.  We will be in this
arrangement for approximately 20 days.

Brian


<<EnronOnline Electronic Trading Agreement>> Your message

  To:      robert.j.traub@ucm.com
  Subject: EnronOnline Electronic Trading Agreement
  Sent:    Thu, 13 Apr 2000 11:48:06 -0500

was delivered to the following recipient(s):

Traub, Robert J. on Thu, 13 Apr 2000 12:51:01 -0500
    MSEXCH:MSExchangeMTA:ComEd:GOLNTXCH52

Message-ID: <862568C0.005C583D.00@notes.ect.enron.com>
From: Tana.Jones@enron.com
To: robert.j.traub@ucm.com
Subject: EnronOnline Electronic Trading Agreement
Date: Thu, 13 Apr 2000 11:48:06 -0500
Return-Receipt-To: Tana.Jones@enron.com
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
X-MS-Embedded-Report:
Content-Type: text/plain; charset="windows-1252"


I've extended the deal for the rest of the year, with a -0- nom.

D

   Aimee Lannou                02/03/2000 03:09 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Fred Boas/HOU/ECT@ECT
Subject: Bridgeback Error at Meter 1450 for 11/99

Daren - Deal # 97929, meter 1450 expired Nov. '99.  Is there a way for you to
extend the deal or create a new one since there seems to be a little bit of
flow each month?

- Aimee

---------------------- Forwarded by Aimee Lannou/HOU/ECT on 02/03/2000 03:06
PM ---------------------------

Fred Boas
02/03/2000 02:02 PM
To: Aimee Lannou/HOU/ECT@ECT
cc:
Subject: Bridgeback Error at Meter 1450 for 11/99

Aimee:

There is a bridgeback error at the above referenced meter and month.  The
reason for the error is that the deal, # 97929 has expired.  Please determine
if the deal was to be extended or is there another deal to replace it?

To fix this I will set up an accounting arrangement but what I need from you
is a valid deal number and the transportation contract that you want me to
put the deal on.

Thanks in advance for your help,

Fred


great, I hope that they are helpful to you.

"Kevin B Murray" <kmurra1@lsu.edu> on 01/30/2001 10:43:39 AM
To: Scott.Neal@enron.com
cc:
Subject: books

Scott:

My parents said the books came in last week.  I was out of town this
weekend but I'll probably go home sometime this week to get them.  Thanks
again and we'll be in touch.

Kevin


Men:

Hunting season is over. It is now working season. All email threads are
gone. No one talks to one another. This is wrong.

I therefor propose man night February 28th, 2002 at some location yet to be
determined, such as Tony's mexican food...on Ella.

e.

_________________________________________________________________
Chat with friends online, try MSN Messenger: http://messenger.msn.com


Scott misspelled your name.  I hope I have the right guy.

I listed one of the CES issues down below.  The other issue I have is
pricing.  I'm not familiar enough with the Central Region to check the
pricing.  I will try to get with you this afternoon.  Just a note, I bet I
spent at least 2.5 hours on the phone with CES last Friday.

Thanks
cg
---------------------- Forwarded by Chris Germany/HOU/ECT on 03/06/2000 07:40
AM ---------------------------

Scott Neal
03/06/2000 07:08 AM
To: Chris Germany/HOU/ECT@ECT
cc: Hunter S Shively/HOU/ECT@ECT, Colleen Sullivan/HOU/ECT@ECT, George
Smith/HOU/ECT@ECT
Subject: Re: CES Central Desk Issues

I talked with Hunter.  Kevin Rosetti is the man.  Chris, please bring up to
speed on how to handle CES.

Chris Germany
03/02/2000 03:08 PM
To: Scott Neal/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT
cc: Colleen Sullivan/HOU/ECT@ECT, George Smith/HOU/ECT@ECT
Subject: CES Central Desk Issues

I believe we need to assign someone from the Central Desk to be the point
person for CES Central Desk activity, for pricing and scheduling issues.

CES currently has issues with the BTU conversions at the different Michcon
citygates.  ENA delivers the gas to different Michcon citygates and each one
has a different BTU factor.  This causes CES to be long or short depending on
the conversion factor.  I'm not sure if there is anything we can do about it
but I would prefer to have someone from the Central Desk address this issue.

Comments?


Wow!  Dan please go ahead and make the call and be sure to let them know we
are schocked at the amount of the billing!

Mark


i was able to download this at home.  it is going to be 1 a.m.  and i am
still up.

hope you're having nice dreams right at this moment.

 - Bolshoi - A Way.mp3


Kafus Cash Crunch
VANCOUVER, B.C.--(BUSINESS WIRE)--Aug. 4, 2000--Kafus Industries Ltd.
(AMEX:KS - news) reported today that its Board of Directors has accepted the
resignations of Mr. Randal Maffett, Enron North America Corp.'s
representative, Mr. Christopher Carl the President of The CanFibre Group Ltd.
for conflict of interest reasons, and Mr. Peter Schlesinger and Ms. Lee Ann
Wolfin MacKenzie for personal reasons, as Directors of the Company.
Kafus is now experiencing a critical shortage of working capital primarily
attributable to:
The losses still being incurred by and the continuing cash requirements of
its subsidiary's CanFibre Riverside plant which in turn is primarily
attributable to the delays in the start-up of the plant as a result of
problems with Stone & Webster Engineering Corporation and their subsequent
bankruptcy.
The losses being incurred due to the delayed achievement of full production
levels of its subsidiary's Bio-Composites Indiana plant.
Losses sustained by and continuing cash requirements of its subsidiary with
respect to kenaf related products.
Corporate overheads and costs.
Additionally, Enron North America Corp. has informed the Company that it does
not intend to provide any further funding for the Company. In light of the
current financial difficulties, the Kafus Board of Directors has implemented
the following measures:
Immediate search for an investment banking firm/advisor able to advise Kafus
on corporate reorganization and refinancing which could include the sale or
spinoff of its subsidiaries and/or a takeover of Kafus.
An immediate cutback on operating overheads to the minimum required to
sustain Kafus as an operating entity.
An immediate cutback on all expansion activities.
Closure of all Kafus offices with the exception of its Vancouver
headquarters.
Acceptance of the resignations of Mr. Mike McCabe, President and Mr. Tony
Valentine, Chief Financial Officer.
Search for a new Chief Executive Officer.
Further, in the event that Kafus is unable to obtain additional financing, it
may be forced to take action to protect its business.
As well, the Company has been informed by AMEX that it no longer meets the
exchange's continued listing guidelines. As such, there can be no assurances
that the listing will be maintained.
Kafus is an emerging global manufacturer of superior materials produced from
sustainable resources.
The foregoing contains forward-looking statements which are subject to
contingencies and uncertainties. Such forward looking statements are not
guarantees of future performance, and are based on numerous assumptions about
future conditions that could prove to be inaccurate. Actual events,
transactions, and results may differ materially from anticipated events,
transactions or results described in such statements. Material uncertainties
about the future of the company exist. Kafus is subject to a number of risks
and uncertainties which are set forth in its filings with the Securities
Exchange Commission.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


the market has fallen and is still falling precipitously.  for example, power
for tomorrow is trading for about $70/MWh on peak and $25/MWh off-peak.
implementing price caps now would actually be harmful.  peaking units make no
money.  we are likely to return to a more normal market, particularly after
the summer, if we aren't there already.  with the forward curve crashing the
way it is and price caps it makes no sense to build peakers.  what are the
odds of a balance of the year price cap?

 -----Original Message-----
From:  Steffes, James
Sent: Tuesday, May 29, 2001 8:49 AM
To: Belden, Tim; Comnes, Alan; Shapiro, Richard; Kaufman, Paul
Subject: Price Caps in the West

Tim --

What are your current thoughts on wholesale hard price caps for the entire
West?

First, the politics are clearly moving toward some compromise with the
Democrat takeover in the Senate and the "at-risk" Republicans in the House
(California delegation).  I think that the Administration is struggling for
some "solution".

Second, given FERC's order, it appears that for many hours caps are already
in place.

Third, with market prices moving lower, this may want be a non-event.

Finally, I would think that a region-wide solution is simple to understand
and administer.

Please let me know your thoughts.  I don't know that Enron would ever
publically endorse such a proposal, but we may signal that we aren't opposed?

Jim


Sinclair paid ENA for August, September and October the following:

	1st 30,000/month	@$3.58
	remaining volumes	@NX3 - $.43

The only deal ticket received shows the price to be NX3 - $.43 for the term of the deal.  Anne Bike spoke to Paul Lucci and he remembers that Nicole triggered the deal for the three months in question, but he's not too sure about the $3.58.  Could you please check to see if you have any notes regarding this trigger and let me know as soon as possible.  Client Services is trying to resolve this issue this week.

If the trigger price is correct I will get Anne Bike to correct Sitara.


BLOOMBERG

deal 582589 and 582423
Bloomberg shows fee as $15.00 flat on both of these deals.

TRADESPARK

Matt Motley
deal 582856
Tradespark shows hours as on-peak not off-peak

AMEREX

Chris Mallory
I am missing:
Enron sells to Duke 4/20-4/30 NP-15 Light 25 mw at $190

Mike Swerzbin
deal 582894
Amerex says price should be $47.75 not $47.25

PREBON

Bob Badeer
deal 582668
Prebon says this deal should be Matt Motley's


Thanks for doing that. And those deals didn't show up in my query because I
was looking for trades done under the Short Term West Services desk - I
didn't realize Chris was also entering these under Short Term California.
Just let me know if there's anything else I can do.

Thanks,
Kate

Rhonda L Denton
04/17/2001 11:20 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: Sierra Pacific Holding Company, dba Siera Pacific Industries

What about 573679, 579822, 579826 and the 2 transmission deals that are in
Enpower?  I will change them as soon as Sam gets the CP set up if its okay
with you.  Then I can tell Kim Hundle to resend the confirms.

   Kate Symes                04/17/2001 11:34 AM

To: Rhonda L Denton/HOU/ECT@ECT
cc:
Subject: Re: Sierra Pacific Holding Company, dba Siera Pacific Industries

Thanks for following up on this, Rhonda. I believe you just spoke with Chris
about the executed original of this contract. Please let me know what else I
can do to speed this process along. I ran a search for deals the West
Services desk has done with this counterparty (which were entered with Sierra
Pacific Industries, Inc.) and came up with only three deal numbers. They are:

580832
580137
580136

Would you like me to change these over? Or are you doing that along with the
re-confirmation? Please let me know when you get a chance.

Thanks,
Kate

Rhonda L Denton
04/17/2001 09:19 AM
To: Genia FitzGerald/HOU/ECT@ECT
cc: Christian Yoder/HOU/ECT@ECT, Chris H Foster/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Edward Sacks/Corp/Enron@Enron, Kate Symes/PDX/ECT@ECT,
Kimberly Hundl/Corp/Enron@Enron, Sharen Cason/HOU/ECT@ECT, Melissa Ann
Murphy/HOU/ECT@ECT

Subject: Sierra Pacific Holding Company, dba Siera Pacific Industries

Because of credit reasons, the name above will remain the name under the
contract.  Global Counterparty has agreed to set up this dba as listed on the
contract.  Once this CP has been set up, I will need the trades moved to this
CP and the deals will need to be reconfirmed in the accurate name.

If there are no objections, I will move the deals and instruct the confirm
person to resend the confirms.  I will also move the contract to this new
name.  Genia will prepare the amendment covering just the change in the
credit provisions.

If Portland holds the fully executed original, please forward to me at your
earliest convenience.  If you have any questions or further instructions,
please contact me at X35871.


The discussion regarding the Commodity Futures Modernization Act of 2000 with
Ken Raisler of Sullivan and Cromwell has been scheduled for 1 p.m. to 3 p.m.
in Sandalwood Rooms A & B of the downtown Hyatt Regency Hotel (sorry, we will
not be serving lunch).

Attorneys and legal specialists in the swaps/Enron Net Works group are
strongly encouraged to attend.

Each of the attorneys should have already received a package that includes
the complete text of the CFMA, as well as the text of the Commodity Exchange
Act, black-lined to show how it has been revised by the CFMA.  Please let me
know if you have not received this package.

Sometime next week I will give Ken a broad outline of topics we would like to
cover.  Please e-mail me with your thoughts in this regard.  Thanks -- Bob

Robert E. Bruce
Senior Counsel
Enron North America Corp.
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com


This may help.

 -----Original Message-----
From: 	Valdes, John
Sent:	Monday, January 28, 2002 3:34 PM
To:	Irvin, Tracey; Cheung, Cecilia; Hare, Bill D.; Ramesh, Ganapathy
Cc:	Keiser, Kam
Subject:	New Books - Natural Gas

Attached you will find the new books that have been set up for UBS Energy.  There are some books that do not have a trader name attached.  These books will be inactive until a trader is assigned at a later date.  Please let me know if you have any questions.

John


Jim,

Attached is an Amendment to the GISB  changing the confirming party to ENA.  Please sign two originals and forward same to my attention for signature.  I will forward and original upon final signature.  You may also fax me a signed Amendment at the number below.  Thank you for your assistance in this matter.

Regards,
Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
Debra.Perlingiere@enron.com
713-853-7658
713-646-3490 Fax


Earlier this evening, the police were able to confirm to Enron that all of our employees who tragically died or were injured as a result of yesterday's explosion have now been identified.  This means we are now in a position to give you some information about the members of staff:

Graeme White
Graeme, 37, is in a stable condition at Middlesbrough General Hospital.  He has worked as an Operator Technician at Teesside Power Station since October 1999.  Graeme lives in Billingham and is separated with two children.

Paul Surtees
Paul was Engineering & Maintenance Manager at Teesside Power Station and first joined the company in 1992.   He was divorced with a young daughter and lived in Hawthorn, County Durham.  Paul died in Middlesbrough General Hospital earlier today.  He was 40.

Andrew Sherwood
Andrew was an Operator Technician at Teesside Power Station and first joined the company in March 1999.  He lived with his partner in Hartlepool.  Andrew died at the scene yesterday. He was 36.

Darren Higgins
Darren was also an Operator Technician at Teesside Power Station and first joined the company in October 1997.  He was unmarried and lived in Normanby near Middlesbrough.  Darren died at the scene yesterday.  He was 28 and leaves a young son living in Poland.

We are continuing to offer as much support as possible to the families of these employees, as well as their friends and colleagues at the plant and associated sites across Enron.

We understand that the last twenty-four hours have been extremely traumatic for everyone concerned. We appreciate there are many questions that remain unanswered, but for the moment our thoughts and prayers are with those we have lost and their families and friends.

We will communicate more information about the incident as it becomes available.

John Sherriff and Michael Brown


Attached is the confidentiality agreement I have faxed to Energy Solutions.


Please forward this to your groups. Thanks.
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 12/11/2000
10:38 AM ---------------------------

From: Shona Wilson@ENRON on 12/11/2000 10:35 AM
To: Bob M Hall/NA/Enron@Enron, Leslie Reeves/HOU/ECT@ECT, Jeffrey C
Gossett/HOU/ECT@ECT, Peggy Hedstrom/CAL/ECT@ECT, Kathy Reeves/CAL/ECT@ECT,
Stacey W White/HOU/ECT@ECT, Monica Lande/PDX/ECT@ECT, David
Maxwell/HOU/ECT@ECT, Martha Stevens/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT,
Scott Earnest/HOU/ECT@ECT, Michelle Bruce/HOU/ECT@ECT, Sheila
Glover/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT,
Michael E Moscoso/HOU/ECT@ECT, Kristin Albrecht/Enron Communications@Enron
Communications, Gary Stadler/Enron Communications@Enron Communications,
Meredith M Eggleston/HOU/EES@EES, James New/LON/ECT@ECT, Heidi
Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jan-Erland Bekeng/AP/Enron@Enron,
Jay Knoblauh/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Mike
Jordan/LON/ECT@ECT, Chris Abel/HOU/ECT@ECT, Kenneth
Thibodeaux/NA/Enron@ENRON, Michael Benien/Corp/Enron@ENRON, Burton
McIntyre/HOU/ECT@ECT, Susan D Trevino/HOU/ECT@ECT, Nancy
Hernandez/NA/Enron@ENRON, Debbie R Brackett/HOU/ECT@ECT, John D
Powell/HOU/ECT@ECT, Ganapathy Ramesh/HOU/ECT@ECT, Joel
Henenberg/NA/Enron@Enron, Matt A Brown/HOU/ECT@ECT
Subject: How do officialized books make it to credit?

In the past few months much focus has been put on understanding VAR and how
it is calculated (through RisktRAC).  However, everyone should note that the
credit department also receives our information.  Market risk and credit risk
are inherently different, with different requirements.  This memo serves as a
reminder of what some of the key differences are, how the credit system uses
RisktRAC differently from market risk, how this affects us, what some key
problems are in the credit system caused by our data, and changes to be made
by risk management groups.

differences are between credit and market risk - you all know this, but many
of your ba's don't.
when a book is flat it still has an effect on credit.  Flat books must be
officialized
market risk is keyed off positions and curves.  When we make money, market
risk is reduced.  Credit risk is keyed off positions with customers.  When we
make money, credit risk is increased, as people owe us more money.

how the credit system uses RisktRAC differently from market risk
Market risk picks up all officialized books.  If a book is not officialized
it does not pick the book up.
Credit picks up all officalized books.  If a book is not officialized, it
picks up the previous day's position.  Therefore, if positions in book A are
moved to book B, and A is no longer officialized, credit picks up the
previous day's position for book A.  As a result, if a book is no longer
used, please officialize it the first day it is no longer used, so credit
will pick up 0 on a go forward basis.
Market risk is not concerned with counterparty codes and names.
Credit needs correct counterparty codes and names.  In recent months, the
counterparty information has deteriorated.  Enron official counterparty names
need to be used so they flow properly to credit.

what are some key problems in the credit system caused by our data
As referenced above: correct counterparty names and books with 0 positions
not being officialized so credit picks up previous day info.
As a takeaway from this message please ensure only correct counterparty names
are used and that if a book has 0 positions that it is officialized the first
day it has 0 positions.

If you have specific questions about credit, please call Debbie Brackett, at
X35856.


Following please find the Daily EnronOnline Executive Summary.

EnronOnline Executive Summary for 10/19/00
Transaction Summary
External Transactions Today	3,326
Average Daily External Transactions (30 day Trailing Avg)	2,799
Total Life to Date Transactions	369,832

EnronOnline Daily % of Entity's Total Transactions for 	10/19/00
Enron North America	74%
Enron Europe Limited	36%
GLOBAL PRODUCTS	33%
Enron Metals	10%

EnronOnline Percentage of Total Corporate Transactions
(30 day Trailing Avg)	44%

Gross Notional Value of EnronOnline Transactions	Total
Today	2,719,144,474
MTD	27,834,820,973
LTD	196,527,055,244
Average Daily Notional Value (30 Day Trailing Avg)	1,905,197,410

Notional Revenue from Physical Flows to Date	13,796,439,827

Counterparties, Users, and Products Offered
Counterparties having transacted to date	524
New Counterparties transacting for the first time today	3
Number of Products Offered Today	1,215
Total Number of External Users Logged on Today	2,718
Average # of External Users logged on (30 day Trailing Avg)	2,547


fyi

Also, need to put assignment language in the PA. Kern allows for the
assignment of TSA's. Go figure!
---------------------- Forwarded by Stephanie Miller/Corp/Enron on 01/22/2001
06:45 AM ---------------------------

Stephanie Miller
01/22/2001 08:45 AM
To: Kirk.t.morgan@williams.com
cc: kevin.j.billings@williams.com

Subject: Question About PA

Thought of another question re: the PA for the expansion. Why does the
agreement overide the GT&C tariff provisions for payment (last paragraph in
Article II)?

Also, can you extend the "management out" to Feb 21? My thoughts are that a
few more days are needed on our part. Will you have already programmed the
different scenarios such that it is not a rigorous processs to recalculate
the rates?

After we sort out the answers to these questions, we'll send a red-lined
version of the PA to you for review.

Regards,

Stephanie


Start Date: 4/15/01; HourAhead hour: 2;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041502.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 2 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_SPP
  ENGY_TYPE: WHEEL
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TIE_POINT: SLVRPK_7_SPP
  INTERCHG_ID: EPMI_CISO_TOBY
  ENGY_TYPE: NFRM

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 2 / Preferred:  43.02 / Final:  42.99)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 2 / Preferred:   1.94 / Final:   1.91)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI


Hi.

Did the CA get signed and sent, and did it come back?

Thanks,

Kay


[IMAGE]

   [IMAGE]Patrice - You Can Be Debt FREE By 2003!    SLASH YOUR DEBT BY 50%  INSTANTLY--FOR FREE!     Be Debt FREE in 1-2 Years!  [IMAGE] Instantly Reduce Your Debt by 50%!  [IMAGE] You do NOT have to file bankruptcy and this  is NOT a Loan!   Receive Our Reputable, NON-Profit help Reducing Debt.   [IMAGE]

[IMAGE]  If the above links do not work or appear, simply copy this URL and paste it into your browser's address field:  http://web1.customoffers.com/creative/cccclick.asp?lnk=2583&email=PMIMS@ENRON.COM    Your privacy is extremely important to us. You requested to receive this mailing, by registering at  CustomOffers.com or by subscribing through one of our marketing partners. As a leader in permission-based email marketing, we are committed to delivering a highly rewarding experience, with offers that include bargains, entertainment, and  money-making ideas. However, if you wish to unsubscribe, click here  or link to http://web1.customoffers.com/unsubscribe.asp?emid=1391&email=PMIMS@ENRON.COM Third-party offers contained in this email are the sole responsibility of the offer originator.  [IMAGE]


sorry--left you out of the distrib.  df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 06/26/2000
05:27 PM ---------------------------

	From:  Drew Fossum                           06/26/2000 05:30 PM

To: Tony Pryor/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON
cc: Maria Pavlou/ET&S/Enron@ENRON, FKelly@gbmdc.com, SStojic@gbmdc.com

Subject: PG&E

I need you guys to jump back into your files on the Topock issue asap.  Tony,
I assume Lou briefed you on the situation.  I think the most recent liquids
sample had pcbs in excess of 50 ppm.  That is well in excess of the
contractual limit that I recall to be 1 ppm.  Our research a few months ago
was about options to force the interconnect back open above 250 mm/d if the
samples came back clean.  Now, the issue is, given dirty samples, what can we
do to keep PGE from slamming the interconnect shut.  We need to complete our
research/thinking immediately and have a spectrum of options ready to
discuss.  Seriously, I am reviewing with Lou the option of a preemptive shut
down of the interconnect, but that looks like an unwise strategy so far.  ALL
ideas are worth considering.  Frank, Steve, and Maria, anything in your
memory banks on TW or FERC jurisprudence that would prevent a Hinshaw from
refusing to schedule transport volumes through a point even if the Hinshaw
seemed to have clear contractual rights to refuse to schedule volumes based
on gas quality/contamination concerns?  I don't think TW's tariff has a
specific PCB spec.   DF


FYI
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 07/23/99 09:38
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "John Novak" <John_Novak@ei.enron.com>
07/23/99 12:05 AM

To: "Lefler, Dean" <dlefler@velaw.com>
cc: dblack@ei.enron.com, "Kent Castleman" <Kent_Castleman@ei.enron.com>,
"Stephen H Friedlander" <Stephen_H_Friedlander@ei.enron.com>, "Beth Rosen"
<Beth_Rosen@ei.enron.com>, Sara Shackleton/HOU/ECT, "Barquin, John"
<jbarquin@velaw.com>, "Nasim H Khan" <Nasim_H_Khan@ei.enron.com>
Subject: Re: Swap Agreement

We have decided NOT to proceed with the swap agreement.  Enron and Shell will
each write a guaranty in favor of TBS for their pro rata share of the negative
difference between the gas price received and gas price paid resulting from
the
differential in the gas price escalators.  Any positive difference in TBS's
favor will run through the TBS accounts to the TBS distribution account and,
subject to the blocking test in the Accts and Disbursement Agmt, will then be
distributed to E & S.
Dean & John: Can you propose a draft guaranty for internal review?  Once we're
happy with it we can send it to Shell for their consideration/sign-off.
Thanks.

Regards,
     John

"Lefler, Dean" <dlefler@velaw.com> on 07/21/99 09:22:59 AM

To:   Don Black/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kent
      Castleman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen H
      Friedlander/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, "Nasim Khan (Business
      Fax)" <"IMCEAFAX-Nasim+20Khan+40+2B1+20+28713+29+20646-6190"@velaw.com>,
      Beth Rosen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, "'Shackleton, Sara'"
      <sshackl@ect.enron.com>, John Novak/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
      "Barquin, John" <jbarquin@velaw.com>
cc:

Subject:  Swap Agreement

I am sending this e-mail message to address several issues related to the
swap and to circulate a proposed confirmation for your consideration.

Before addressing the swap, however, I should note that it is not clear to
me that the project team has finally decided to proceed with a swap rather
than a guaranty.  If we are not, I would appreciate someone letting me know
so that we can stop this process.

Comments on the Draft Schedule:

     1.  Part 1(a) "Specified Entity":  A Specified Entity is an entity
other than the parties whose actions can cause an event of default or a
termination event.  The draft schedule does not contemplate a Specified
Entity.  I think we should consider whether EPE and/or SCG should be a
Specified Entity with respect to TBS.

     2.  Part 1(b) "Threshold Amount": proposes $1,000,000 for TBS, which
seems low given that Enron Corp. is backing it up.

     3.  Part 1(h) "Additional Event of Default":  If we use a swap
arrangement, there will be two: one for 72.5% between TBS and ECT, and one
for 27.5% between TBS and a Shell entity.  If that is the case, do we want
an additional event of default under which a sale by Shell of its interest
in TBS could result in termination?

     4.  Part 2  "Representations":  I think that we need someone in tax
to determine whether TBS can make the representations.

     5.  Part 4(d) & (e) "Credit Support Provider": Shell will be the
credit support provider under the other swap arrangement, not this one.

     6.  Part 4(g) "Governing Law", 4(h) "Arbitration": The schedule
proposes Texas law with AAA arbitration to be held in Texas.  It would seem
to me that we would want to use arbitration procedures that are similar to
those in the gas supply agreements, with ICC arbitration, held in Miami,
under New York, with joint arbitration if the same issue arises under one of
the gas supply arrangements (such as the proper calculation of price).

Comment on the Proposed Confirmation:

     I have reproduced the gas supply pricing provisions from the EPE Gas
Supply Agreement under the "Fixed Amount Details" but have not done so under
the "Floating Amount Details", which cross-references the provisions of the
SCG Gas Supply Agreement, because of the length of those provisions.

     Please let me know if you have any reactions to the above comments
or any comments on the attached confirmation.  I will contact Nasim to
discuss the process for pushing the swaps (or, alternatively, guaranties) to
completion.

Regards, Dean

 <<SWAPCON1.doc>>

 - SWAPCON1.doc


The ISO reported that it looked at 26 companies that may have exerted market
power.  They are listed by number only in the public.  FERC has been provided
the actual names.

NOTE:  The ISO's Gen Counsel would not respond to a reporter's question
asking if he gave confidential data to other state agencies.  I guess we can
assume that means the ISO has done that.

The ISO has calculated its view of what a competitive price is for several
months:

Jan -- $180/MWh
Feb -- $260/MWh

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


Thanks, Beth.  Credit will review and I will let you know if he has any questions.  I think the next thing we were waiting on were your new contracts.  If you guys need anything   while we are waiting on those, please let me know!  Also, if we need to meet in person, once we get things rolling, we are available to come to Dallas.

Thanks,

Kim

 -----Original Message-----
From: 	"Beth Conrad" <BethC@pandaenergy.com>@ENRON
Sent:	Tuesday, October 16, 2001 8:10 AM
To:	Ward, Kim S (Houston)
Cc:	Jim Adams
Subject:	Proforma's

Kim,

Attached are the proforma's for our El Dorado, AK and Gila River plants.  If you need anything else please give me a call.

Beth

 - El Doradoproforma10-11-01.xls << File: El Doradoproforma10-11-01.xls >>
 - GilaRiveproforma.xls << File: GilaRiveproforma.xls >>


---------------------- Forwarded by Chris Germany/HOU/ECT on 12/27/99 11:21
AM ---------------------------

pdrexel@columbiaenergygroup.com on 12/27/99 08:03:09 AM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: REVISED - January 2000 Tennessee deliveries to WKY

---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/27/99
08:08 AM ---------------------------

Marianne Stiles
12/23/99 12:11 PM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas, Joanne
Swogger/CES/ColumbiaGas@ColumbiaGas, Nancy Diel/CES/ColumbiaGas@ColumbiaGas,
Phil Villagomez/CES/ColumbiaGas@ColumbiaGas
Subject: REVISED - January 2000 Tennessee deliveries to WKY

Please note in red the revised volumes
---------------------- Forwarded by Marianne Stiles/CES/ColumbiaGas on
12/23/99
01:10 PM ---------------------------

Marianne Stiles
12/23/99 11:05 AM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas
cc: Phil Villagomez/CES/ColumbiaGas@ColumbiaGas, Noel
Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas,
Joanne Swogger/CES/ColumbiaGas@ColumbiaGas, Nancy
Diel/CES/ColumbiaGas@ColumbiaGas
Subject: January 2000 Tennessee deliveries to WKY

Per the sales reps and GMS I will need the following:

100 dth per day to meter # 020030
596 dth per day to meter # 020028

I will receive a final number for these next week but this is an estimate.
(should not be that far off).


I think he should report to Gaskill and Will (is will doing fundies?)

 -----Original Message-----
From: 	Johnston, Robert
Sent:	Tuesday, January 29, 2002 1:44 PM
To:	Lavorato, John
Subject:	Competitive Analysis

Hi John- thanks for the generous offer which I have accepted.  A couple of outstanding questions-

1. Who am I reporting to?  I would welcome the opportunity to report to you or Greg.  I think my job was a lot easier in the past because our group had the backing of the Office of the Chair. This gave us credibility, independence, and the chance to contribute to strategic issues as well as the tactical issues of interest to the traders. However, I am obviously open to any reporting relationship you might suggest and I understand that my day-to-day duties will consist largely of interaction with the Fundy teams.

2. Are there any slots that have opened because of offers that were not accepted?  I would love to be able to take one of the folks from my group with me, particularly Kristin Walsh or my assistant Sharon Purswell.

Thanks again for the great offer and the chance to join UBS.

Robert
x39934
cell: 713-594-7995


Tony,

  I am still working on a term sheet for you.  I was hoping to get you something today but got pulled away.  Also, I still need to talk to our transportation expert regarding your situation.  Hopefully, I will have something tomarrow.  I will be in touch!

Thanks,

Kim Ward


Brent Price and I will be in the London office next week.  Wanted to see if
you, Frank and Mo might be available for dinner one evening.  We arrive on
Monday morning (March 20th) and will return to Houston on Friday morning.
Our Tuesday night is booked, having dinner with Fernley.  But Monday,
Wednesday and Thursday are available.  Does it work for you with the baby to
do evenings?  Let me know.


Done.

 -----Original Message-----
From: 	Schumack, Sherlyn
Sent:	Thursday, November 08, 2001 2:03 PM
To:	Farmer, Daren J.; Olsen, Michael
Subject:	Black Marlin ua4 meters

Michael,
Can you back date deals 83347 and 83905  to start 6/1/99 through  12/31/99 for the Black Marlin meter.   The meters are on the deals for 1/1/2001 through 5/31/01, but I need to book ua4 back to 6/1/99?