----- Original Message -----
From: <gasnews@mail.energycentral.com>
To: <jbelcher@chemweek.com>
Sent: Tuesday, June 05, 2001 11:36 PM
Subject: Daily Gas News - 6/6/01

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>   ENERGY CENTRAL GAS NEWS FOR 6/6/01 - 29 NEW ITEMS
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>   NATIONAL ENERGY POLICY
> ______________________________________________________________________
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> GOOD MARKS FOR BUSH ENERGY POLICY AS CA TRIES TO SOLVE ITS PROBLEMS
>   June 5 (Utility Spotlight) - While California lawmakers continued
>   their struggle last week to come up with answers to their
>   persistent energy problems, a consulting firm gave generally good
>   marks to the new Bush energy policy and the New York ISO held out
>   hopes that the state and New York City may be able to avoid
>   blackouts even during hot summer weather.
>   --> NEWS SUBSCRIBERS can access this article for free!
>   [ ] 55-18: You can request a 4 week FREE trial to Utility Spotlight
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> SEN. MURKOWSKI URGES DEMOCRATS TO HELP BOOST US ENERGY OUTPUT
>   Jun 05, 2001 - BridgeNews - The departing Republican chairman of
>   the Senate Energy and Natural Resources Committee Tuesday urged
>   Democrats not to ignore the production of oil, natural gas,
>   electricity and nuclear power when they consider the energy
>   problems the confronting the U.S.
>   --> NEWS SUBSCRIBERS can access this article for free!
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>
> DEMOCRATIC SHIFT IN SENATE DIMS PROSPECTS FOR BUSH ENERGY PLAN
>   By David Ivanovich, Houston Chronicle -- June 4 - The Bush
>   administration has drawn up a comprehensive strategy to address
>   the nation's sundry energy troubles.
>   --> NEWS SUBSCRIBERS can access this article for free!
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> ______________________________________________________________________
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>   MERGERS, ACQUISITIONS & DIVESTITURES
> ______________________________________________________________________
>
> WESTCOAST ENERGY TO SELL CANADA, US GAS LINE CAPACITY
>   VANCOUVER, B.C., June 4 (Reuters) - - Westcoast Energy Inc.   said
>   on Monday it will sell 250 million cubic feet a day (mmcfd) of
>   natural gas transportation capacity offered recently in two
>   proposed pipeline expansions in western Canada and the U.S.
>   Pacific Northwest.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> SAN ANTONIO-BASED FUEL COMPANY BUYS CORPUS CHRISTI, TEXAS, REFINERY
>   By Bill Day, San Antonio Express-News -- June 5 - In the past
>   year, as he has watched his company's profits soar, Valero Energy
>   Corp. CEO Bill Greehey has aggressively spent money on acquisitions.
>   --> NEWS SUBSCRIBERS can access this article for free!
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>   GAS PRICING/HUBS
> ______________________________________________________________________
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> SSB, LEHMAN SEE RETURN OF 'LOST DEMAND' KEY FOR PRICES
>   June 6 (NGI's Daily Gas Price Index) - As natural gas storage
>   levels last week erased the long standing deficit when compared to
>   last year's levels, turning it into a surplus for the first time
>   since January 2000, analysts are being forced to take another look
>   at their natural gas price forecasts for the remainder of 2001 and
>   for full year 2002.
>   --> NEWS SUBSCRIBERS can access this article for free!
>   [ ] 55-24: You can request a 30 day FREE trial to NGI's Daily Gas
>   Price Index
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>
> NATURAL GAS WEEKLY UPDATE
>   June 5 (EIA) - A slowing in the rate of net injections to storage
>   caused prices to rise briefly, however the week-to-week levels
>   were lower in both the cash and futures market
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> EXPERTS PREDICT NATURAL GAS PRICES TO RISE IN COMING YEARS
>   By Ben Spiess, Anchorage Daily News, Alaska -- June 3 - Soaring
>   natural gas prices have abruptly dropped; so how does that affect us?
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> ______________________________________________________________________
>
>   FUTURES
> ______________________________________________________________________
>
> JULY FUTURES FALLS ON WEATHER SKEPTICISM, LARGE AGA BUILD SEEN
>   June 5 (Btu's Daily Gas Wire) - July natural gas futures settled
>   down 17.7 cents at $3.892 after tumbling 21.9 cents to a $3.85
>   low. July futures came under sharp pressure after the nearby month
>   failed to test major resistance at $4.18, posting a two-week high
>   at $4.175 earlier in the session.
>   --> NEWS SUBSCRIBERS can access this article for free!
>   [ ] 55-40: You can request a free 4 week free trial to BTU's Daily
>   Gas Market Report.
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> ______________________________________________________________________
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>   PIPELINES
> ______________________________________________________________________
>
> HOUSTON: KINDER MORGAN TO EXPAND PIPELINE
>   Jun 05, 2001 - Energy24 - Kinder Morgan Energy Partners has
>   announced a $9 million expansion project on its CALNEV pipeline,
>   which transports gasoline, jet fuel and diesel fuel to Las Vegas.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> ALASKA GOVERNOR, CANADIAN PRIME MINISTER FORM PIPELINE PARTNERSHIP
>   Anchorage Daily News, Alaska -- June 1 - Hailing what he termed a
>   "new partnership of prosperity," Alaska Gov. Tony Knowles said
>   Thursday that he and Canadian Prime Minister Jean Chretien had
>   agreed to try to speed development of a natural gas pipeline from
>   Alaska to the Lower 48.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> PIPELINE DEAL SHORTCHANGES ROANOKE, VA.-BASED GAS SUPPLIER
>   The Roanoke Times, Va. -- May 31 - The sweet deal has gone sour.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> WESTERN VIRGINIANS TO OPPOSE DOMINION-DUKE ENERGY PLAN FOR GAS PIPELINES
>   The Roanoke Times, Va. -- June 1 - Dominion and Duke Power will
>   face organized opposition from Floyd and Patrick County residents
>   if they pursue building gas pipelines through Southwest Virginia.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
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>   RATES
> ______________________________________________________________________
>
> SOME NORTHEAST OHIO RESIDENTS ELIGIBLE FOR CHEAPER NATURAL GAS
>   By Betty Lin-Fisher, Akron Beacon Journal, Ohio -- June 2 - About
>   450,000 Northeast Ohio residents who already are part of a buying
>   group for lower electricity rates are now eligible for cheaper
>   natural gas, too.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
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>   DEALS/CONTRACTS
> ______________________________________________________________________
>
> HOUSTON-BASED MARATHON OIL COMPANY JOINS SAUDI GAS VENTURE
>   By Tom Fowler, Houston Chronicle -- June 5 - Houston-based
>   USX-Marathon Group has taken over Enron Corp.'s abandoned stake in
>   a $25 billion natural-gas venture in Saudi Arabia.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> EXXONMOBIL UNIT NAMED BY PETROCHINA FOR GAS PIPELINE PROJECT IN CHINA
>   Jun 05, 2001 - AFX News Limited - Exxon Mobil Corp said its
>   subsidiary, ExxonMobil China Gas Pipeline Ltd, in cooperation with
>   CLP Ltd, has been short-listed as a foreign participant by
>   PetroChina Co Ltd for the West-to-East Gas Pipeline Project in China.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> SAUDI ARABIA SIGNS $25B NATURAL GAS DEALS
>   Jun 05, 2001 - United Press International - Saudi Arabia has
>   signed a series of deals worth $25 billion with eight
>   international oil companies to develop three giant gas projects in
>   the country, the British Broadcasting Corp. reported Tuesday.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> OPEC SIGNS DEAL WITH SHELL ENERGY SERVICES CO. FOR DISCOUNTED
> NATURAL GAS; CUSTOMERS TO SEE MAJOR SAVINGS THIS WINTER
>   CLEVELAND, June 5 /PRNewswire/ - Northeast Ohio Public Energy
>   Council and Shell Energy have reached an agreement for a one-year
>   contract for natural gas services to residents of the 95 NOPEC
communities.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
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>   PEOPLE
> ______________________________________________________________________
>
> SENATE APPROVES PENNSYLVANIA REGULATOR FOR SPOT ON FEDERAL ENERGY
COMMISSION
>   By Akweli Parker, The Philadelphia Inquirer -- June 3 - During
>   four years as a state utility regulator, Nora Mead Brownell
>   developed a reputation for feistiness but fairness.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> ______________________________________________________________________
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>   FINANCIAL
> ______________________________________________________________________
>
> PEABODY ENERGY SEES $15 MLN PRE-TAX GAIN
>   ST. LOUIS, June 4 (Reuters) - - Peabody Energy Corp. on Monday
>   said it expects to record a pre-tax gain of about $15 million for
>   the period ending June 30 due to a ruling that allows coal
>   companies to collect refunds of taxes paid on exported coal.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> BOULDER, COLO., OIL PROSPECT FIRM MAY BENEFIT FROM HIGH GAS PRICES
>   By Matt Branaugh, Daily Camera, Boulder, Colo. -- June 5 - With
>   the country facing high gas prices, independent companies hunting
>   for oil prospects -- like Boulder's High Plains Petroleum Corp. --
>   find themselves in a good position.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> CATERPILLAR IS POISED FOR ENERGY CRISIS
>   By Paul Gordon, Journal Star, Peoria, Ill. -- June 5 - When the
>   word came from Washington, D.C., recently that the nation's energy
>   crisis was going to get worse this summer, it was music to
>   Caterpillar Inc.'s ears.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> ______________________________________________________________________
>
>   INTERNATIONAL
> ______________________________________________________________________
>
> STATOIL CONSULTANTS UNDER INVESTIGATION
>   Jun 05, 2001 - FT World Media Abstracts via Comtex - Statoil, the
>   Norwegian oil and energy group, is soon to be listed on the stock
exchange.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> EXXON MOBIL TO LEAD NATURAL GAS PROJECT IN SAUDI ARABIA
>   By Dianne Solis, The Dallas Morning News -- June 4 - Nearly three
>   years ago, Saudi Arabia's Crown Prince Abdullah bin Abdul-Aziz
>   invited a small group of oilmen to a mysterious tea at the
>   ambassador's residence in McLean, Va.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> MERONO TAKES ACTION TO GUARANTEE SPAIN'S ELECTRICITY SUPPLY
>   Jun 05, 2001 - FT World Media Abstracts via Comtex - The Spanish
>   energy commission will from this year prepare an annual report on
>   anticipated short- and medium-term demand for gas and electricity
>   and on the measures to ensure supply, according to the chairman of
>   the commission, Pedro Merono, speaking yesterday at a conference
>   on the New Economy organised by a leading Spanish daily.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> AME INFO, ABU DHABI, UNITED ARAB EMIRATES, OIL AND GAS BRIEFS COLUMN
>   By Peter J. Cooper, Knight Ridder/Tribune Business News -- June 3
>   - IRAQI HALT SPOOKS THE MARKET: Analysts expect oil prices to
>   spike outside the Opec target range of USD22-28 this week, as Iraq
>   seems certain to carry out its threat to turn off its oil supply.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> LUKOIL TO BE ALLOWED TO PURCHASE 33 PER CENT IN LITHUANIA'S MAZEIKIU NAFTA
>   Jun 05, 2001 - FT World Media Abstracts via Comtex - Russian oil
>   giant LUKoil's chances of becoming a co-owner in Lithuania's
>   Mazeikiu nafta have increased sharply.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> STATOIL CONSULTANTS IN SHARE ISSUE SCANDAL
>   Jun 05, 2001 - FT World Media Abstracts via Comtex - Statoil, the
>   Norwegian state-owned oil and energy group, is to be privatised
>   and listed on the stock exchange.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
>
> UNION FENOSA IN TWO NATURAL GAS SUPPLY CONTRACTS
>   Jun 05, 2001 - FT World Media Abstracts via Comtex - Union Fenosa,
>   the Spanish electricity company, is close to completing
>   negotiations and signing two major natural gas supply contracts as
>   part of of its strategy to become Spain's second gas operator.
>   --> NEWS SUBSCRIBERS can access this article for free!
>
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Michael and Deepak:  Michael Moulton (the ENA paper and pulp trader) is
extremely interested in SITA updates as often as possible.  Please make every
effort to email Michael with updates at least weekly.  Thanks.  Sara


Thanks very much for the update.

 -----Original Message-----
From: 	Tholt, Jane M.
Sent:	Monday, October 22, 2001 1:39 PM
To:	Grigsby, Mike; Allen, Phillip K.; Gay, Randall L.; Sullivan, Patti; Groenewold, Shannon; Smith, Matt; Holst, Keith; Lisk, Daniel; South, Steven P.; Ermis, Frank; Lenhart, Matthew; Kuykendall, Tori; Miller, Stephanie; Tycholiz, Barry; Ward, Kim; Dasovich, Jeff; Cantrell, Rebecca W.; Lawner, Leslie; Reitmeyer, Jay
Cc:	Tholt, Jane M.
Subject:	Socal Window Meeting

\Attached is a summary of my notes at the Socal meeting regarding revised window procedures.  No hand-outs were provided.

Calculation of Receipt Point Capacity
Topock  540 mmcf/d
Ehrenberg 1250 mmcf/d
Needles 800 mmcf/d
Wheeler 800 mmcf/d

New Receipt Points
Kramer Junction 200 mmcf/d
Hector Rd 50 mmcf/d
Both will be available around Feb 1

Basis of Pro-Ration-Current Windows Calculation
Currently, Gas Control provides total receipt point capacity comprised of demand forecast and injection capability and compares to maximum amount of gas that can enter system.  Gas Select prorates interstate's receipt capacity based on prior day's nominations.

New Calculation, Changes and Display
Based on operational maximum with adjustments for maintenance.  SoCal ist aking and applying the current formula for Wheeler Ridge to all the points.  Any changes to operational maximum will probably be due to maintenance and posted on Gas Select.  Customer will choose which points it wants to reduce receipts.  Operating maximums will equal demand forecast plus injections.  Demand forecast will rely on Gas Control weather forecast.  They use Weather Bank as one of their tools.

OFO Declaration
Name changes from overnomination
Can declare before any Cycle
Provide 2 hour notice
Post on Gas Select
Show OFO Calculation on Gas Select

Windows
Reason to set windows was to set limits to prevent too much gas from coming into system
Calculation based on noms which does not work well.  Lots of complaints.   People were complaining that it restricted access to the system.  Eliminating point specific calculation.  Open system to Max Oper. Limits or Contractual Limits.   Will continue to operate Wheeler Ridge under Aug 1 procedures.  No changes to Wheeler Ridge.
Due to the need to maintain operational control, an OFO will be declared when scheduled volumes are greater than the max operating capacity on any cycle.
Replace windows with operational maximum volumes.  If  CPUC approves comprehensive settlement, will post 5 days of information to anticipate OFO's
Now customers will elect which point they will back off instead of using windows.

Scheduling Changes-Nov 1
Gas Select is being rebuilt and will be an internet system in mid-2002 .  No direct dial-up.
Rollover noms-noms will be copied from cycle to cycle
Copy confirmed noms
All noms will be rolled over-will not be at discretion of 3rd party.  However, can still make  changes.  Can still upload new files.

2 Hour Notice
Socal will provide 2 hour notice on  Gas Select of OFO.  Other methods include leaving message on Socal Hotline (213-244-3900) and list of e-mail messages that can go directly to pagers.  Gas Select is official notification.  Courtesy notification is hot line and e mail.  Gas Select is a subscriber- based system mandated by CPUC and must get regulatory change to make free.
OFO's are going to be system wide and not customer specific.  OFO's can be declared intraday.  Once OFO declared, it will be kept for entire day.  Concerned that if call off, will have to put back on.  Don't want to go back and forth.  This decision may be reconsidered once they see how it works.  Many times Socal see an increase of 200 mmcf/day between Cycle 3 and 4 so they are concerned.

Scheduled vs. Capacity-Declare OFO
Nominations may not exceed 110% of expected usage.
Expected Usage is defined as usage for the same day for the prior week.  Can revise expected usage.
No interruptible storage injections allowed during OFO.
Use Elapsed Pro-Rata Rules
Expected Usage-cut nominations to 110% of expected usage so will use same day  of the prior week as proxy.  Generators need to revise expected usage.  Acceptance of changes are at the discretion of SoCal.
Flow Day Diversions don't go into effect until after Cycle 4.  Gas Control will determine if flow day diversion will be allowed.
If call OFO after cycle 3 or 4 and have interruptible storage injections, such storage will be prorationed back under the elapsed prorata rules.
Many people were concerned that interruptible storage will be severely compromised.
If OFO called , Interruptible Storage could be cut under the elapsed prorata rules as follows:

Cycle 1    Nom 1000  ; 0 cut
Cycle 2 Nom 1000; 666 cut
Cylce 3 Nom 1000; 500 cut
Windows will only be implemented during cycle 4 if OFO callled after cycle 3 and no improvement is realized.  Will allocate prorata.  Will use latest scheduled volume and will pro rate by receipt point.  In other words, if OFO declared during Cycle 1 and no relief after 3 cycles, Socal will window Cycle 4 and prorata cut. Parties will determine what gets cut on all the other cycles. For penalty purposes, actual burn from 12 o'clock to 12 o'clock will be used to calculate penalties or MAXDQ if not metered.
For OFO, assume supply delivereis day before and burn is the same day for the prior week.  Declare OFO on prior day's scheduled volume.

For an evening declaration-will use most recent available scheduled volumes.  For example:

         Flow Day 10/4                10/3 Scheduled Volumes
Cycle 1                                    Cycle 2
Cycle 2                                     Intraday 1
Cycle 3				evening cyle 2 on 10/4
Cycle 4                                     Intraday 1 on 10/4

In other words, will look at evening cycle 2 scheduled volumes on the 3rd for declaring OFO on cycle 1 for the 4th.; look at intra day 1 for the 3rd in declaring OFO for cycle 2 on the 4th;  look at evening cycle 2 on 10/4 in declaraing OFO for Cycle 3 on the 4th;  look at intraday 1 on the 4th in declaraing OFO on cycle 4 for the 4th.

Winter Balancing Rules
Effective Nov 1-March 31
No changes.
All customers must comply.
Minimum delivery requirements
50% of daily usage over 5 day period; (Nov 1-5;6-10;)
70% of daily usage depending on storage level
70% daily usage implemented when storage levels equal 20 bcf above peak day min
90% of daily usage depending on storage level
90% rule implemented when storage levels equal 5 bcf  plus peak day min.
Look at storage graph on Gas Select.  Posted 24 hours in advance if the minimum daily is changed.  If go to 70% , current 5 day cycle must end completely, before new % goes into effect.
Must increase storage inventory by 1 bcf above the 70% before going back to 50% rule.
Once 90% rule implemented, will return to 70% as soon as operationally feasible,

Contracted Marketer's customer usage and delivereies are aggregated in one balancing account.

Core Aggregation-subject to 50% daily throughout entire winter period based on DCQ.
Core-50% of daily throughput for the enitre period,; (Patrick Brown group)
Not subject to 70% and 90% rules.

2 types of gas count toward daily obligation- firm storage withdrawal and flowing gas.  As-available storage and imbalance trading do not count.

Burn=measured daily usage thru electronic measurement,
Min DQ-used if customer does not have electronic measurement.

Customer assessed  GIMB charge if total deliveries is less than 50% of total burn over 5 day period.  Customer purchases gas at daily balancing stand-by rate under  G IMB Rate Schedule which is 150% of highest Socal Border price per NGI Gas Daily plus franchise fees and other charges.  Rate is posted at end of every month.

OFO can be declared during undernom season (winter season)


So you packed up our entire car and left all your stuff - what a concept.

Payback is hell.

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Tuesday, May 29, 2001 1:24 PM
To: Nancy.Sellers@RobertMondavi.com
Subject:

The bad news is I left my bag with clothes and toiletries at the Dome.  The
good news is it's a great excuse to have to go up again this weekend!

Thanks again for everything.  Really nice with only the
principals---smaller, more intimate, less mess---and the ping pong table is
a HUGE hit.

I hope you enjoy my loving ribbing as much as I enjoy yours.

Best,
Jeff


--------- Inline attachment follows ---------

From:  <joseph.neville@ie.pwcglobal.com>
To: Michelle_Braniff@hotmail.com, Tracey_Brannigan/NI/UK/ABAS/PwC@pwcglobal.com, Tajmajulie@aol.com, marcia@zender.fsnet.co.uk, caitipat@hotmail.com, Paudi62@hotmail.com, caroline.m.lyons@ie.pwcglobal.com
Date: Wednesday, November 7, 2001 2:31:32 GMT
Subject:

---------------------- Forwarded by Joseph Neville/IE/ABAS/PwC on
07/11/2001 14:37 ---------------------------

Barry O'Regan
01/11/2001 15:18

To:   Caitriona Allis/IE/ABAS/PwC, jennifercraven@hisnhers.com @ INTL,
      Robert X Kelly/IE/ABAS/PwC, Geraldine Lea/IE/ABAS/PwC, Joseph
      Neville/IE/ABAS/PwC, Sibhie Tooler <sibhie_t@hotmail.com> @ INTL,
      Vanessa Tracey/IE/ABAS/PwC, Siobhan Weldon/IE/ABAS/PwC, Gillian
      Carter <carterg@gofree.indigo.ie> @ INTL, Grainne Clancy
      <grainneclancy@hotmail.com> @ INTL
cc:
Subject:  FW: One of lifes many truths...

---------------------- Forwarded by Barry O'Regan/IE/ABAS/PwC on 01/11/2001
15:24 ---------------------------

Keith McGuinness <keithmg@microsoft.com> on 01/11/2001 15:06:39

To:   aoifenagle@hotmail.com, "Barnwell, Amanda"
      <Amanda.Barnwell@united-drug.ie>, Barry O'Regan/IE/ABAS/PwC@EMEA-IE,
      Boner <omcguirk@hotmail.com>, "Brendan Breen (Berlitz EUR)"
      <i-bbreen@microsoft.com>, Cabbage <smcdonnell@eircell.ie>, claire
      maguire <maguire_claire@hotmail.com>, "Claire O Connor (LMI)"
      <Claire.OConnor@eei.ericsson.se>, Derek Hannon
      <derekhannon@yahoo.com>, Gill <carterg@gofree.indigo.ie>, Graham
      Dunning/IE/ABAS/PwC@EMEA-IE, john baxter <j_baxter99@hotmail.com>,
      John Sweeney <johnswe@microsoft.com>, Kevin Jones <JonesK@eWare.com>,
      Marlene Kane <marlenek@microsoft.com>, PEDO <jasonhogan@eircell.ie>,
      "Sandra(HT)" <mccormas@hotmail.com>, siobhandoherty@yahoo.com,
      Stephen O'Driscoll <stepo@microsoft.com>, Toni Healy
      <tonih@microsoft.com>, Tony <kcruise@eircell.ie>, Tony Handy
      <Tony.Handy@Berlitz.ie>, Vanessa Tracey/IE/ABAS/PwC@EMEA-IE, Vernon
      Southward <vernons@microsoft.com>
cc:
Subject:  FW: One of lifes many truths...

Very Good
>>> Cathy.Pennock@dtlr.gsi.gov.uk 01/11/01 14:45:29 >>>
> >A woman and a man are involved in a car accident; it's
> >a bad  one. Both of their cars are totally demolished
> >but amazingly neither of them are hurt.
> >
> >After they crawl out of their cars, the woman says,
> >"So you're a man, that's interesting. I'm a woman.
> >Wow, just look at our cars! There's nothing left, but
> >fortunately we are unhurt. This must be a sign from
> >God that we should meet and be friends and live
> >together in peace for the rest of our days."
> >
> >Flattered, the man replied, "Oh yes, I agree with you
> >completely! This must be a sign from God!"
> >
> >The woman continued, "And look at this, here's another
> >miracle. My car is completely demolished but this
> >bottle of wine didn't break. Surely God wants us to
> >drink this wine and celebrate our good fortune."
> >
> >Then she hands the bottle to the man. The man nods his
> >head in agreement, opens it and drinks half the bottle
> >and then hands the it back to the woman.
> >
> >The woman takes the bottle, immediately puts the cap
> >back on, and hands it back to the man.
> >
> >The man asks, "Aren't you having any?" The woman
> >replies, "No. I think I'll just wait for the police."
> >
> >
> >Moral of the story:
> >Women are clever b*tches. Don't mess with them.
> >
> >OR
> >Women are vindictive. Don't mess with them.
> >
> >
> >
> >

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The Teco meeting had to be changed to 5:00 pm still in the same room on
3125.  Hope you all can make it and give me a call if you can't.  Thanks
Ben
3-7998


This meeting has been rescheduled for today at 2:00.


? <<AllPartycema.doc>>

 - AllPartycema.doc


Please give me an update on where we stand with going forward on the ISO Audit.

					Chris

 -----Original Message-----
From: 	linda.o.norman@us.arthurandersen.com [mailto:linda.o.norman@us.arthurandersen.com@ENRON]
Sent:	Monday, April 09, 2001 10:36 PM
To:	Chris.Stokley
Cc:	roshmi.mukherjee
Subject:	Re: ISO Audit

Chris,

Thanks for your reply.  I received the ISO requirements and timeline; the
requirements appear to be materially consistent with prior year.  We can set up
a call to discuss the audit as early as next week, as we are in the midst of our
earnings release testing this week.  Would next Thursday morning around 9:00
a.m. (your time) work? Any other time on Thursday would work with our schedules.

Thanks,
Linda

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I think I am probably the right person.  Glad to help.

 -----Original Message-----
From: 	McBride, Jane
Sent:	Wednesday, June 13, 2001 7:27 AM
To:	Taylor, Mark
Cc:	Musch, Susan; Alan Aronowitz/HOU/ECT@ENRON
Subject:	Re: TOCOM - CEL 145-5 METI Notice - New Matter "TOCOM"

Hi Mark,

How are things?

Enron is planning on obtaining membership of TOCOM, the Tokyo Commodities Exchange, ASAP, and I am contacting you at Alan's suggestion.

I will forward you the link to the TOCOM website and keep you in the loop moving forward.  Who should I liase with I wonder though, you or someone else in your department?

Susan is helping on identifying which of the two legal entities we have here we should use.

Thanks.

Jane McBride

----- Forwarded by Jane McBride/AP/Enron on 2001/06/13 21:22 -----

	Alan Aronowitz@ECT 2001/06/01 01:50 	  To: Jane McBride/AP/Enron@ENRON  cc:   Subject: Re: TOCOM - CEL 145-5 METI Notice - New Matter "TOCOM"  << OLE Object: StdOleLink >>

Why would we need a new entity to take the membership?

Also, I want to make sure we coordinate our efforts to become a member of the exchange with Mark Taylor or his designee, since they have been involved in many of our efforts to gain memebership to regulated exchanges.

I would like to catch up with you this evening if possible by calling you from my home.

Alan

	Jane McBride@ENRON 05/31/2001 08:49 AM 	   To: Paul.TYO.Davis@BakerNet.com  cc: Rousseau Anai/AP/Enron@Enron, Joseph P Hirl/AP/ENRON@ENRON, Morten E Pettersen/AP/Enron@Enron, Yo Yamanishi/AP/Enron@Enron, Nicholas O'Day/AP/Enron@Enron, Michael Grimes/AP/Enron@Enron, Alan Aronowitz/HOU/ECT@ECT  Subject: TOCOM - CEL 145-5 METI Notice - New Matter "TOCOM"

Dear Paul,

We are planning to apply for membership of TOCOM to trade (as principal) in kerosene and gasoline and as a first step need to get a document from METI under the CEL 145-5.  We have a form of the METI document from TOCOM which Maggy will fax to you in the morning FYI.

Pls help us get the necessary document from METI ASAP.

We are thinking of setting up a new company to make this application and should be able to sort this out next week but in the meantime pls advise us exactly what we will need to give you to move the METI process forward.

I am not sure whether this will be realistic if we need to incorporate a new entity but at this stage we hope to be trading within 6 weeks.

If you need to call me in the morning pls do so on 0901 840 2094.

Thanks.

Jane McBride
Senior Legal Counsel
Enron Japan Corp.

Otemachi 1st Square Bldg.
West 11th Floor
1-5-1 Otemachi, Chiyoda-ku
Tokyo 100-0004
Japan

URL:        www.enron.co.jp

Tel.:       81-3-5219-4500 (Main)
            81-3-5219-4553 (Direct)
Fax:        81-3-5219-4510

Assistant (Maggy Yamanishi)
Tel.:       81-3-5219-4554
Email:      Yo.Yamanishi@enron.com


<<Wise and Otherwise.htm>>


We should not respond.

	Dan Lyons
	08/23/2000 11:40 AM

		 To: Randal Maffett/HOU/ECT@ECT
		 cc: Eric Thode/Corp/Enron@ENRON, Randy Petersen/HOU/ECT@ECT, Raymond
Bowen/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT
		 Subject: RE:kafus

I vote we don't reply at all

	Randal Maffett
	08/22/2000 09:03 AM

		 To: Eric Thode/Corp/Enron@ENRON
		 cc: Dan Lyons/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Randy
Petersen/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT
		 Subject: RE:kafus

I would forward to Legal and review before we sent any response.

RANDY
---------------------- Forwarded by Randal Maffett/HOU/ECT on 08/22/2000
09:02 AM ---------------------------

Eric Thode@ENRON
08/22/2000 07:33 AM
To: Randy Petersen/HOU/ECT@ECT, Randal Maffett/HOU/ECT@ECT
cc:
Subject: RE:kafus

Any thoughts on how to respond?  This came in via our web site.  Please
advise.

Thanks.

Eric

---------------------- Forwarded by Eric Thode/Corp/Enron on 08/22/2000 07:33
AM ---------------------------
From: Cindy Derecskey on 08/21/2000 08:45 AM
To: Eric Thode/Corp/Enron@ENRON
cc:

Subject: kafus

Please respond.

----- Forwarded by Cindy Derecskey/Corp/Enron on 08/21/2000 08:44 AM -----

	w g wettleson <wgw@sprintmail.com>
	08/18/2000 09:24 PM

		 To: public-relations@enron.com
		 cc:
		 Subject: kafus

dont think for a moment your attempt to get kafus for pennies on the
dollar from under its shareholders will go unnoticed - i for one would
love to explain how it went from a shareholders view on a website. that
was my retirement money your messing with.


OK, i'm trying this again.  Jim, please let me know if you receive this.  I'm
attaching the previous notes.
---------------------- Forwarded by Jeff Dasovich/SFO/EES on 01/27/2000 06:41
PM ---------------------------

Tom Gros@ENRON COMMUNICATIONS
01/19/2000 08:59 AM
To: Jeff Dasovich/SFO/EES@EES@ECT@ENRON
cc: jtobin@mofo.com@EES@ECT@ENRON, Thomas D Gros@ECT@ENRON
Subject: Re: The California ISO Desire to Lay off Some OC-48 Capacity

John Yurkanin (CA ISO) is my former boss at BP Gas.  I'd be happy to talk
with them about excess capacity.

	Jeff Dasovich@EES
	01/17/00 01:01 PM

		 To: jtobin@mofo.com, Thomas D Gros@ECT
		 cc:
		 Subject: The California ISO Desire to Lay off Some OC-48 Capacity

Hi Jim:

As we discussed, your client, the California Independent System Operator,
contracted with MCI to build a high-speed, broad band network (predominately
OC-48?)as the platform to launch electricity deregulation in California.
Since that time, the ISO has discovered that it has capacity substantially in
excess of what it needs to operate the grid (and certain markets for power,
e.g., ancillary services).

Rather than try to re-negotiate the contract with MCI, the ISO is now looking
at marketing the capacity.  Sounds like the capacity runs between Sacramento
(Folsom?) and Southern California (Alhambra?).  Please correct any
(unintended) inaccuracies I may have included in this very brief description.

Tom Gros is VP of Enron's global bandwidth trading group and can help
determine the value/feasibility of having the ISO make use of Enron's
bandwith trading platform.

Tom, meet Jim.  Jim, meet Tom

Best,
Jeff


Attached is our contact list.

>>> <Richard.B.Sanders@enron.com> 5/23/2001 8:22:00 AM >>>

Do you have a list of the PX participants committee that you could send me
by e-mail.

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 - 1197575.pdf


INVESTools Advisory
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In This Issue:

1. 2001 Portfolio +36%; 2002 Portfolio Just Released (C)
2. Forecast 2002: Mostly Sunny, Particularly for Small Caps (NYFX)
3. Time to Buy Disney (DIS)
4. Zacks: Biovail Set to Gain 10+% in 2002 (BVF)
5. Smallest Stocks are the Places to Be (BLPG)

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1. 2001 Portfolio +36%; 2002 Portfolio Just Released (C)

In December 2000, Frank Curzio issued a portfolio of 10 stocks he
predicted would do well in the coming year. He was right. Despite
the market's troubles, his portfolio gained an impressive +36%.
Aiming for a repeat performance, he just released his portfolio
for 2002. "Do not procrastinate," he advises. "We urge investors
to buy all of our situations. Do not just pick and choose."

One of Curzio's picks is Citigroup (C). The financial services
goliath stands to do well during an economic turnaround
particularly while interest rates remain low. Curzio sees
management making the right moves to boost earnings; for instance,
it will spin-off 20% of its Travelers Insurance group in 2002.

Another Curzio recommendation is to sell short Broadcom (BRCM).
The firm's chips enable broadband digital data transmission to
residences and businesses over communication networks. Curzio
considers today's short-term economic uncertainty and calls the
stock "overvalued" with a P/E multiple near 140. "Look for a
steady pullback throughout the first quarter. Sell short," Curzio
advises.

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Francis X. Curzio provides asset growth and capital preservation
with a list of picks in key categories for the coming year.

To get this special report, go to:

http://www.investools.com/c/go/FXCP/MTXTH-fxcp011702?s=S200

----------------------------------------------------------
2. Forecast 2002: Mostly Sunny, Particularly for Small Caps (NYFX)

In January 2001, Jim Oberweis made a number of predictions for the
year that hit the bullseye. For example, the market rallied in
early 2001 but fell for most of the year. Small-caps outperformed
large-caps, and short-term interest rates fell sharply while bond
rates rose, eliminating the inverted yield curve. For 2002,
Oberweis sees large-caps returning an average 8% to 10%, well
below the 20% annual average of the 1990s. "We continue to believe
that small-caps will buck the trend and offer very good
opportunities for investors," he predicts.

To capitalize, Oberweis offers a list of five new small-cap picks.
One of these is Nyfix (NYFX). The firm makes electronic trading
systems for brokerages that trade in equities and derivatives.
Blue-chip customers like Lehman Brothers, Deutsche Bank, UBS
Warburg and Merrill Lynch use the Nyfix Network to send trading
orders to exchange floors electronically.

Last quarter, revenues grew a healthy 75% to $11.4 million and
boosted EPS 65% to $0.10. Oberweis sees Nyfix growing revenues
(and EPS) from $24 million ($0.21) in 2000 to $40 million ($0.32)
in 2001 and again to $60 million ($1.05) in 2002. His asset
management clients now own roughly 34,000, and he maintains a buy
sign on the stock.

For more on Jim Oberweis' advice see "Currently Recommended
Stocks," January 2002, The Oberweis Report. Jim Oberweis invests
in small-cap stocks with revenue and earnings growing at least 30%
and mid-caps growing at least 20%.

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-----------------------------------------------------------
3. Time to Buy Disney (DIS)

Chuck Carlson admits having a tough time getting excited about
Disney (DIS). For instance, the entertainment giant's theme park
is mired by a sluggish economy, fears of terrorism and erratic gas
prices. The anemic ad market continues to hurt its ABC network,
and its film business has turned in a spotty performance.

Carlson sees today's slump as a buy opportunity. "Disney has brand
names that would make any marketer salivate," he says. The firm
has not had a new hit TV show since "Who Wants To Be A
Millionaire," but Carlson says Disney's creative teams "don't stay
in dry spells for very long." Also, consumers will eventually
start flying to its theme parks again as economic and terrorist
concerns abate.

At today's low prices, stock in Disney is fully discounting bad
earnings for at least the next two quarters, according to Carlson.
Shares are well off their 2000 highs near $44. That means
investors can buy "a quality blue chip at an affordable price,"
Carlson says. He recommends buying as "the stock offers good long-
term upside potential."

For more on Chuck Carlson's advice see "DRIP Analyst," January
2002, DRIP Investor. Chuck Carlson provides guidance to buying
stocks without a broker via dividend reinvestment plans (DRIPs).

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----------------------------------------------------------
4. Zacks: Biovail Set to Gain 10+% in 2002 (BVF)

Ben Zacks does not beat around the bush about the prospects for
Biovail (BVF). "Investors who buy Biovail in the $54 - $55 range
can expect an appreciation of 10+% over the next 12 months," Zacks
says. The firm makes medicines based on its proprietary oral
controlled-release drug delivery technology. Its biggest hit is
Tiazac, a treatment for hypertension and angina. Tiazac beats
competing drugs as it requires only a daily dose and has fewer
side effects.

Zacks lists many other reasons why Biovail is a good bet for 2002.
For example, revenues last quarter grew 63% to $152.2 million, net
income rose 37% to $55.8 million, and the firm beat analyst EPS
estimates of $0.36 by a penny a share. Also, Biovail just inked a
host of marketing pacts with Glaxo Smith Kline that should boost
sales.

Biovail shares are not cheap at 33x EPS estimates of $1.66 for
2002. But Zacks remains optimistic. "The high valuation is
justified by the company's high long-term EPS growth rate of 30%,"
he says. He agrees with six of the 16 analysts covering Biovail
who maintain a 'strong buy' rating.

For more on Ben Zacks' advice see "Stock Pick of the Month,"
January 2002, Zacks Advisor. Ben Zacks uses earnings estimate
revisions from analysts at brokerages to select stocks likely to
outperform the market over the next 12 months.

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5. Smallest Stocks are the Places to Be (BLPG)

The Russell 2000 index of small-cap stocks just chalked up its
third straight year of outperformance by advancing 1% vs. a -13%
slump for the S&P 500. Rich Moroney sees more growth like this in
2002 as small-stock cycles like this one "tend to persist." In
particular, micro-caps should see another great year even after
providing the bulk of last year's growth.

Moroney profiles two micro-caps he calls "especially promising"
for 2002. The first is Boron, LePore & Associates (BLPG), who
provides marketing, education and sales services to healthcare
providers. The stock jumped 65% since hitting bottom in September
2001 due to profit and terrorism concerns. But Moroney predicts
significant improvements for the December quarter thanks to a
rebound in travel and postponed business.

A consensus of analysts pegs Q4 EPS at $0.21, a gain of 40% over
the same quarter last year. Management forecasts full-year EPS
will reach $0.80 to $0.84. Moroney calls the stock "reasonably
priced" at 20x 2002 estimates and below 1x sales. "The stock, with
support near $12.25, is rated 'buy'," he says.

For more on Rich Moroney's advice see "Featured Report," January
7, 2002, Low Priced Stock Survey. Richard Moroney offers
fundamentally solid small- and mid-caps ready to soar 40% to
400%+.

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Please welcome Lisa Mattingly to West Power Trading.  She joined us on August
21 as a Clerk, and she is anxious to learn about our organization and provide
outstanding support.

Her background is in retail management, but she is embarking on an office
career with us.  Don't hesitate to introduce yourself and make her feel
welcome.


Sara;

Can you please help me on a PPA negotiation by sending me a copy of our draft
ISDA ?  I need to use ISDA language, as per RAC's request.

Thanks & Regards,

Sami


Actually the deal did get vernballed......for some reason Amerex just hasn't
put it in their system yet ..............My fingers are typing faster than my
brain is moving today.

Just disregard!!

Evelyn

   Kate Symes @ ECT                03/28/2001 05:08 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 3/38 Checkout

Mark says it's a good deal - any reason why it didn't get checked out?

Evelyn Metoyer@ENRON
03/28/2001 03:09 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: 3/38 Checkout

deal 563473
Mark Fischer
Amerex does have this on there webcheckout and we did not verbal it.  Is this
a good deal with them?

   Kate Symes @ ECT                03/28/2001 04:41 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 3/38 Checkout

AMEREX

Diana Scholtes
563461 - should be amerex/in as prebon/changed

Chris Mallory
563362 - he changed it to Prebon

PREBON

Chris Mallory
563461 - changed to amerex
563358 - killed/new heavy load deal entered - 563967

Evelyn Metoyer@ENRON
03/28/2001 02:32 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/38 Checkout

AMEREX

Diana/Sean
I am missing the following deal:
1) Enron sells to Powerex MId-C light 3/29 at $140.00

Chris Mallory
Amerex does not recognize deal 563362

BLOOMBERG
All deals are o.k.

PREBON

Chris Mallory
deal 563461
Is this a duplicate of 563460 because Prebon only recognizes 1 deal

deal 563358
Prebon says should be heavy not light hrs.


Hello,

I was just dropping this note to see if anyone was interested in getting together for the Rice Owls homecoming game against Tulsa this weekend.  Game time is 2 pm and I thought we would get walk-up tickets (eveyman for himself).  If people are interested we would have a little tailgate party prior to kick-off and watch the 6-3 Owls (undefeated at home)  kill the Tulsa Hurricanes.  Drop me a line if you have interest as I am trying to get critical mass.

Jon

PS. Please invite anyone that has interest in coming along and bring your kids if you have them.


---------------------- Forwarded by Dana Davis/HOU/ECT on 09/19/2000 03:42 PM
---------------------------

Jeanna Smith <jeannas@senterracorp.com> on 09/19/2000 01:40:56 PM
To: "'ddavis@enron.com'" <ddavis@enron.com>
cc:
Subject: www.DefensiveDriver.com Course Payment

Dear Jeanne,

We have processed your payment and you may now log on to
www.DefensiveDriver.com and begin taking the course.  You will need to print
this e-mail and keep by your computer while taking the course.  We will ask
you security questions regarding your payment throughout the course to
validate your identity.  You will need to enter the information below to
answer these questions correctly.  If you have any questions or problems,
please contact me at (888) 547-9272.

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Customer Service Analyst
www.DefensiveDriver.com


Yes it is, and we will try Rick.  However, I assumed this was part of Op-Co or an ENA asset in your world.  I think Rick is doing power terminated book recovery.

 -----Original Message-----
From: 	Schneider, Chip
Sent:	Thursday, June 06, 2002 6:21 PM
To:	McMichael Jr., Ed; Sharp, Greg; McConnell, Mike
Cc:	Barbe, Robin; Germany, Chris; Miller, Don (Asset Mktg); Darmitzel, Paul; Hill, Garrick
Subject:	RE: ponderosa plant service events for gas days june 4, 5, 6

I know nothing about any Enron relationship with Lonestar.  Is this possibly related to the Cornhusker plant in Cleburne?  If so, Rick Hill is the contact.

 -----Original Message-----
From: 	McMichael Jr., Ed
Sent:	Thursday, June 06, 2002 9:03 AM
To:	Schneider, Chip; Sharp, Greg; McConnell, Mike
Cc:	Barbe, Robin; Germany, Chris; Miller, Don (Asset Mktg); Darmitzel, Paul
Subject:	FW: ponderosa plant service events for gas days june 4, 5, 6

I do not know which, if any, of you guys is the right one to note this, but I wanted to forward for the appropriate person's attention.  If not you, could you please advise me of the right Enron person.

That said, I recommend that the person within Enron responsible for this deal make sure that liability to Enron under the fuel  management deal be fully understood.  We are doing what we can to minimize penalties or costs, but we are quite limited in options due to the bankruptcy.  Please let me know your thoughts.

Regards,
Ed

 -----Original Message-----
From: 	Barbe, Robin
Sent:	Wednesday, June 05, 2002 4:11 PM
To:	Brady, Kevin; Mazowita, Mike
Cc:	Germany, Chris; McMichael Jr., Ed; Barbe, Robin
Subject:	ponderosa plant service events for gas days june 4, 5, 6

Below is a summary of events over the last couple of days.  I hope we don't need.

Events of June 3

Gas service to the plant has been challenging.  Lonestar Pipeline is running a pig for June 4,5,&6.  Lonestar told us that roughly 60% would be cut. Apparently Friday, May 31, Kevin communicated to his scheduling counterparties the maintenance information.  He also indicated that our Lonestar	rep said the only safe scheduling points for the gas to come into their system was Lonestar-Carthage and Lonestar-Katy Plant.  Neither of the plant's suppliers -Apache/Cinergy or Williams provided gas at those points for gas day June 4.   Cuts did occur as we were warned.  Of the total nomination of 45MM, 17.1 MM flowed for today's gas flow.  The supplier breakout is Apache/Cinergy -20MM and  Williams-25MM.   Yesterday, Jeff Smiron at Lonestar said they would allow the plant to pull from their imbalance account for today's flow but they we had to have flowing gas for June 5 & 6.

I communicated the situation to Mike Mazowita at White Pines on June 3.  I also inquired about alternative fuel capability as a back-up.  The plant can burn No.6 low sulfur fuel oil.  Mike indicated that the plant would not want to do that and hadn't burned oil in quite some time.  I told Mike that I would use the possibility of alternative fuel replacement costs as leverage with the suppliers.  He inquired if I knew how Lonestar would cut back the plant.  I told him that I 	wasn't familiar with Lonestar specifically but based on my experiences in gas control from a previous life that for a plant of it's size they probably have remote control capabilities.  If not they would sent a field worker out to the meter station to adjust the valve.

The Apache and Williams supply contracts mirror each other in language.  The way I interrupt the contract language is that the supplier has the right to choose the supply point/points into Lonestar's system from a list of primary or secondary points in Exhibit A.  If the plant's transportation contract gets interrupted then the supplier has the obligation to deliver gas into Lonestar's system at a location that will flow on the plant's transportation agreement.  If the supplier shorts theplant then the supplier is obligated to pay for replacement costs for either gas or alternate fuels.  Yesterday, I communicated my interpretation of the agreements to Frank Fields at Williams and to Michelle Morgan and her boss Tom Strickland at Cinergy.  Tom indicated that there had been an amendment and I told him I didn't have a copy of the amendment.   Sounds like the amendment may have changed some of the delivery points.  I told Tom at Cinergy that 	my primary concern was flowing gas supply to the plant.  Tom was suggesting that this may be a force majuere event.  I told him I didn't interpret	the force majuere language that way.  The force majuere language addresses freeze-offs and line breaks but not maintenance.  I also told him that the contract has a provision for transportation interruption.

In any case I told Tom time was of the essence and I was focusing on the operational issues and not monetary issues.  I told him we could address the 	financial resolution per the contract after the event was over.  I told him that the financial resolution of replacement gas for three days was minimal in comparison to any potential damages incurred by the plant due to the pipe cutting back their gas supply.

Events of June 4

This morning I spoke with Michelle Morgan at Cinergy.  They are supplying 12.9MM at Aquila-Katy into Lonestar for June 5.  Williams is buying 10MM at Carthage and 5MM at HLPL for June 5.  Per Lonestar this should be OK for June 5.  Michelle had said she would pay back the shorted volume from June 4 after the pigging was completed.  They will  pay back the volume ratably for the remainder or in a day.

Russ Brown at Lonestar contacted Kevin around 12:30 to say the plant needed to cut back to the 17.1MM flowing gas volume for today.  The plant's burn rate was causing the pig to run to fast.  Russ is the manager of the transportation administration department at Lonestar.  I called Russ back at 1:10pm to inquire about the problem.  I asked him to call gas control and see when the pig run would be over and to see if there was a point that we could bring gas in intraday to help alleviate the problem.   I also called Mike to inform him of the new events.  Russ called back and said the run would be over at 12:00pm tonight and that the only interconnect location that could help was El Paso Field Services-Ennis.  He also indicated that the pressure had stabilized and the plant may be able
to make it through the run without the incremental gas.  I called Cinergy and Williams to see if they could make gas available intraday at the point.  Frank at Williams said they could not and Michelle at Cinergy said she would let me know.  At 3:30 Michelle indicated that they could buy the gas and the cost would be $0.95 to $1.00 more than the contract price.  She said that they didn't think Apache was liable for the costs because the requested meter is not on the delivery point lists in the contract.  They would buy the gas if we would agree to pay the price.  I called Mike at White Pines and ask him what he wanted to do.  He indicated that he wanted us me to buy the gas.  I called Russ to get an update and see if we could still do the nom.  Russ said the plant was burning more.  Now they were burning 48MM and requested they cut back to their nominated volume of 45MM.  I told Russ I didn't think that they could be I would call.  Mike confirmed that they could not.  He said had already called Brazos to see if they could back off even 20 to 30 MW.  He said Brazos is "playing chicken" and are requesting everything they have.   I told him I would call Cinergy and see if I could get them to nominate the gas and agreed to settle the financial side per the contract after the pigging event is completed.  I called Michelle with my proposal and she said she needed to talk to Apache and would call me back.  We agreed to nominate the intraday gas and work out the financial part after the event was over.  Michelle called back and said the gas was going to come from storage and due to pressure problems the gas could not be delivered.

Events of June 5

The plant made it through the June 4 gas day on gas.  I spoke with Michelle and she indicated that they were planning on serving gas day June 6 the same as June 5.  She said that Apache didn't think they were liable to make up the gas they shorted us for June 4.  She said I could talk with Pat Green at Apache regarding the issue.  Williams moved their gas from Carthage to HPL for June 6.  I left a message for Russ at Lonestar to check on the point.  I requested that 	Kevin do the same with his Lonestar contact.  Neither of us has had a return call from our corresponding Lonestar counterparties.  We will have to address the 	issue intraday if necessary.

I will keep everyone posted of any new developments.


Any problem if I add signature lines on the last page of the document (prior
to the exhibits)?  I can do that.

ckm


We have finalized the terms of the EnronOnline direct connect pilot program.
The following points outline the primary terms of the program.  Subject to
your review we will begin implementation of the program pursuant to these
terms.  Please review the terms and let me know if you have any questions or
comments.

Direct Connect service will include the provisioning of T1 connections
between Enron counterparties and various Enron PoP's.  EnronOnline specific
traffic will be transported to these Enron Pop's via the Enron Intelligent
Network.
EBS will implement and manage the direct connect service on behalf of
EnronOnline.  All customer support relative to the direct connect service
will be managed by EBS.
In the event of a failure of the direct connect service, the user will access
EnronOnline via an Internet connection.
The pilot program will last for an initial term of 12 months.
EnronOnline will pay $1750 per month for installation and monthly charges for
the local loop, all backbone and/or internetworking charges and ongoing
support for any North American client that comprises at least 1% of all
EnronOnline transactions (see attached list of eligible counterparties).
Any EnronOnline customer that does not comprise at least 1% of the
EnronOnline transactions may obtain a direct connect to EnronOnline through
EBS for $1750 per month.
All direct connect customers will be responsible for providing a router that
can accept a T-1 circuit.
All direct connect customers will receive a Service Agreement from EBS that
will specify the terms of the service.

I would like to begin contacting these customers ASAP so please contact me
with any issues by noon on August 21, 2000.

Attached is a spreadsheet that outlines the EnronOnline funded participants
in the pilot program.


Guys, great job - the Canadian office is still the model.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/03/2000
08:32 AM ---------------------------

Rob Milnthorp
11/02/2000 03:12 PM
To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc: Paul Devries/TOR/ECT@ECT, Eric LeDain/CAL/ECT@ECT
Subject: Ontario NUG Contract Management

Dave/John, we have been awarded the RFP to assume the role of contract
manager for the Ontario NUG's (some 1700 MW's) for a 3 year term. A
definitive agmt will  be executed by the end of November. This was a
high-profile RFP and I think that it confirms our investment in positioning
ourselves in Ontario.

This was truly a team effort (east/west orig, east trading, legal,
regulatory) in responding to the RFP with a ton of long days needed in a
short time-frame. The response to RFP was structured to manage all risks and
well thought out which ultimately led to our successful bid.

I attach an executive summary that gives further details. If you have any
questions, please call myself, Paul or Eric.

Regards
Milnthorp


Hi,

Can and should we organize a tag-team baby sitting detail?  Aghh!  Another
weekend that is not my own!

Grant.
---------------------- Forwarded by Grant Masson/HOU/ECT on 09/14/2000 08:51
AM ---------------------------

	Enron North America Corp.

	From:  Toni Graham @ ENRON                           09/13/2000 05:08 PM

To: Grant Masson/HOU/ECT@ECT
cc:
Subject: Ben Zhang Timeframe

Grant,  what do you think?     If you really want this guy, you may suggest
someone in your group to "entertain" them while they are here.
What do you think?

---------------------- Forwarded by Toni Graham/Corp/Enron on 09/13/2000
04:58 PM ---------------------------

meastman@qualitec.com on 09/13/2000 02:05:53 PM
To: <toni.graham@enron.com>
cc:

Subject: Ben Zhang Timeframe

Toni,
I spoke with Ben today and he is planning to pay for a trip to bring his
wife to Houston this weekend and show her around in hopes of overcoming her
hesitiation on moving.  His question is whether Enron will give him the time
to bring her down here and then give  an answer next week?  If you will let
me know how you, Grant, and Vince feel about that.

thanks,

Mike

QUALITEC  PROFESSIONAL  SERVICES,  LP
Accounting - Financial - Energy Risk - Tax
                Search Consultants

               MIKE EASTMAN, CPC
                         President

281-647-9300                FAX  281-647-0933
       email -  meastman@qualitec.com


Carol:  I've not reviewed these (my apologies) and I'd ask until Thursday, if
possible.  Please let me know.  I will block off this afternoon to focus.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

	Carol St Clair
	02/27/2001 08:52 AM

		 To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Mary
Cook/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT, Robert
Bruce/NA/Enron@Enron, Anne C Koehler/HOU/ECT@ECT, Cheryl
Nelson/NA/Enron@Enron, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Susan Bailey/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron
		 cc:
		 Subject: Form Changes

Does anyone have any comments to the chnages that I've marked on the Schedule
to the Collateral Support Annex?  Please call me or e-mail me if you do so
that we can implement them soon.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Here is the "back office"/systems revised presentation.  Thanks
Ben
3-7998
---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 05/12/2000
06:26 PM ---------------------------

	From:  Leslie Reeves                           05/12/2000 05:29 PM

To: Benjamin Rogers/HOU/ECT@ECT
cc:
Subject: Re: Presentation

---------------------- Forwarded by Leslie Reeves/HOU/ECT on 05/12/2000 05:29
PM ---------------------------

Shari Mao
05/12/2000 04:42 PM
To: Leslie Reeves/HOU/ECT@ECT
cc:
Subject: Re: Presentation

I've changed the Deal Flow Page to include additional headcount and the
Support Structure Summary Page to include costs.  Let me know if you need
additional changes!

Thanks,
Shari
3-3859


SBX 28 (Sher), which would have established expedited siting procedures
among other things, failed passage on the Senate floor today where it
was up for concurrence.  Senate Republicans refused to vote for the bill
because it contained expanded unemployment insurance benefits which were
placed in the bill in the Assembly.  Assembly Republicans voted for the
provisions in exchange for other items in the bill.  Reconsideration was
granted and the bill could be heard by the Senate again as early as
Monday.


Attached please find the latest LV Cogen Turbine Agreement (second
document below), as well as a blackline (first document below) showing
changes made to the version circulated on April 5. The only changes are
to the performance guarantees in Sections 10.7 and 10.8.  To complete
the agreement, we will need to insert the date of execution and Exhibit
H-2.
 <<Comparison of LV Cogen Agreement - Versions 2 to 3.DOC>>  <<LV Cogen
Gas Turbine Agreement - Version 3.DOC>>
 - Comparison of LV Cogen Agreement - Versions 2 to 3.DOC
 - LV Cogen Gas Turbine Agreement - Version 3.DOC


I am pleased to announce that Victor Santos, Director based in Singapore,
will head Enron's Global Fuels origination activities for Asia Pacific
reporting to Michael L. Brown.  He replaces Michel Decnop, who recently
transferred to London and will now head Enron's origination activities in
Europe.

Victor received his MBA (Finance) from Fordham University in New York and
joined the Enron Associate Program in 1995.

Please join us in congratulating Victor in his new role.


TODAY'S HEADLINES
The New York Times on the Web
Tuesday, January 29, 2002
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

QUOTE OF THE DAY
=========================
"We're resilient; this is New Orleans. But how are we just
going to wait for days and days until the next parade? We
need our fix."
-ARTHUR HARDY, publisher of a Mardi Gras guide, on the city's decision to
stop Mardi Gras parades during Super Bowl weekend.

http://www.nytimes.com/2002/01/29/sports/football/29ORLE.html?todaysheadlines

NATIONAL
=========================
U.S. Is Requesting Tighter Security at Utah Olympics

Out of concern that some sites have not been adequately
protected, the Justice Department has requested major
security changes at the Olympic Games.
http://www.nytimes.com/2002/01/29/olympics/29SECU.html?todaysheadlines

-----

Bush Says Privacy Is Needed on Data From Enron Talks

President Bush on Monday defended his refusal to turn over
information to Congress about contacts between Enron and
the administration's energy task force.
http://www.nytimes.com/2002/01/29/business/29ENRO.html?todaysheadlines

-----

Act on Clean-Elections Law, Court Orders

The Supreme Judicial Court of Massachusetts has brought back
a statute long believed dead: the Massachusetts Clean
Elections Law.
http://www.nytimes.com/2002/01/29/national/29CAMP.html?todaysheadlines

-----

MORE NATIONAL NEWS:
http://www.nytimes.com/pages/national/index.html?todaysheadline

/--------------------- ADVERTISEMENT ---------------------\
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FREE Lifestyle Guide, explore 8 beautiful
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discover all the ways you can choose to
live on.  Explore Sun City Today!

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\---------------------------------------------------------/

INTERNATIONAL
=========================
Bush Reconsiders Stand on Treating Captives of War

President Bush said he was reconsidering the question of
whether detainees held in Guantanamo Bay, Cuba, should
be protected under the Geneva Convention.
http://www.nytimes.com/2002/01/29/international/americas/29DETA.html?todaysheadlines

-----

Saudi Affirms U.S. Ties but Says Bush Ignores Palestinians'
Cause

In a rare interview, Crown Prince Abdullah of Saudi Arabia
embraced the United States as a close friend, but
criticized American policy in the Middle East.
http://www.nytimes.com/2002/01/29/international/middleeast/29SAUD.html?todaysheadlines

-----

Bush Offers Afghanistan U.S. Help for Training of Military
and Police

President Bush vowed to build "a lasting partnership" with
Afghanistan, by helping it train forces and offering $50
million in credit for private investments.
http://www.nytimes.com/2002/01/29/international/asia/29PREX.html?todaysheadlines

-----

MORE INTERNATIONAL NEWS:
http://www.nytimes.com/pages/world/index.html?todaysheadline

BUSINESS
=========================
Bush Says Privacy Is Needed on Data From Enron Talks

President Bush on Monday defended his refusal to turn over
information to Congress about contacts between Enron and
the administration's energy task force.
http://www.nytimes.com/2002/01/29/business/29ENRO.html?todaysheadlines

-----

In Another Big Bankruptcy, a Fiber Optic Venture Fails

Global Crossing, which spent five years and $15 billion to
build a worldwide network of high-speed Internet and
telephone lines, filed for bankruptcy protection.
http://www.nytimes.com/2002/01/29/technology/29GLOB.html?todaysheadlines

-----

Back From the Brink, Xerox Posts a Return to Operating
Profit

It appears that the pain of cutting jobs, selling assets and
fighting off allegations of accounting irregularities have
paid off for Xerox.
http://www.nytimes.com/2002/01/29/business/29XERO.html?todaysheadlines

-----

MORE BUSINESS NEWS:
http://www.nytimes.com/pages/business/index.html?todaysheadline

TECHNOLOGY
=========================
In Another Big Bankruptcy, a Fiber Optic Venture Fails

Global Crossing, which spent five years and $15 billion to
build a worldwide network of high-speed Internet and
telephone lines, filed for bankruptcy protection.
http://www.nytimes.com/2002/01/29/technology/29GLOB.html?todaysheadlines

-----

Back From the Brink, Xerox Posts a Return to Operating
Profit

It appears that the pain of cutting jobs, selling assets and
fighting off allegations of accounting irregularities have
paid off for Xerox.
http://www.nytimes.com/2002/01/29/business/29XERO.html?todaysheadlines

-----

Chip Makers in Japan See Only Trouble

Toshiba and Fujitsu are scheduled to announce results on
Tuesday for the third fiscal quarter, and both are expected
to be severely downbeat.
http://www.nytimes.com/2002/01/29/technology/29YEN.html?todaysheadlines

-----

MORE TECHNOLOGY NEWS:
http://www.nytimes.com/pages/technology/index.html?todaysheadline

POLITICS
=========================
Bush Reconsiders Stand on Treating Captives of War

President Bush said he was reconsidering the question of
whether detainees held in Guantanamo Bay, Cuba, should
be protected under the Geneva Convention.
http://www.nytimes.com/2002/01/29/international/americas/29DETA.html?todaysheadlines

-----

Bush Proposes Drug Benefit for the Low-Income Elderly

President Bush on Monday proposed spending $190 billion over
the next decade to overhaul Medicare and provide
prescription-drug benefits to the elderly.
http://www.nytimes.com/2002/01/29/politics/29MEDI.html?todaysheadlines

-----

Bush Says Privacy Is Needed on Data From Enron Talks

President Bush on Monday defended his refusal to turn over
information to Congress about contacts between Enron and
the administration's energy task force.
http://www.nytimes.com/2002/01/29/business/29ENRO.html?todaysheadlines

-----

MORE POLITICS NEWS:
http://www.nytimes.com/pages/politics/index.html?todaysheadline

SPORTS
=========================
Belichick Dodges, Parries and Wins

Coach Bill Belichick summoned his flat-line voice and
inscrutable facial expressions when asked about the
Patriots' quarterback situation.
http://www.nytimes.com/2002/01/29/sports/football/29PATS.html?todaysheadlines

-----

U.S. Is Requesting Tighter Security at Utah Olympics

Out of concern that some sites have not been adequately
protected, the Justice Department has requested major
security changes at the Olympic Games.
http://www.nytimes.com/2002/01/29/olympics/29SECU.html?todaysheadlines

-----

Concern Over Health Risk Stemming Use of Painkillers

Since Alonzo Mourning was found to have a kidney disorder,
many players in the N.B.A. have grown concerned about the
use of anti-inflammatory drugs.
http://www.nytimes.com/2002/01/29/sports/basketball/29PAIN-FINAL.html?todaysheadlines

-----

MORE SPORTS NEWS:
http://www.nytimes.com/pages/sports/index.html?todaysheadline

ARTS
=========================
Jewish Museum Show Looks Nazis in the Face and Creates a
Fuss

The show's   idea, the museum says, is to bring together
works using images of Nazis and the Holocaust that focus
not on the victims but on the   perpetrators for a change.
http://www.nytimes.com/2002/01/29/arts/29NOTE.html?todaysheadlines

-----

The Old Man Who Loved the Sea, and Papa

When Gregorio Fuentes, Ernest Hemingway's fishing companion
and confidant, died earlier this month in Cuba, the sadness
spread back to the Chicago suburb where Hemingway was born
and raised.
http://www.nytimes.com/2002/01/29/arts/29HEMI.html?todaysheadlines

-----

Flamenco Dares the Unpredictable

Flamenco, for all its strictly defined musical and dance
forms, is an art of extremes.
http://www.nytimes.com/2002/01/29/arts/dance/29CANA.html?todaysheadlines

-----

MORE ARTS NEWS:
http://www.nytimes.com/pages/arts/index.html?todaysheadline

NY REGION
=========================
Seeking Safety, Manhattan Firms are Scattering

Morgan Stanley, Goldman Sachs and Marsh & McClennan are
all planning on decentralizing their operations, part of a
trend that does not bode well for Lower Manhattan.
http://www.nytimes.com/2002/01/29/nyregion/29DOWN.html?todaysheadlines

-----

Huge Police Presence Is Readied for World Economic Forum

Protesters at the World Economic Forum later this week can
expect to see 3,800 police officers with zero tolerance for
any violations of the law.
http://www.nytimes.com/2002/01/29/nyregion/29FORU.html?todaysheadlines

-----

Bloomberg Is Increasing City Lobbying in Washington

Mayor Michael R. Bloomberg has started to aggressively lobby
on Capitol Hill to put New York City's needs front and
center with the nation's lawmakers.
http://www.nytimes.com/2002/01/29/nyregion/29LOBB.html?todaysheadlines

-----

MORE NY REGION NEWS:
http://www.nytimes.com/pages/nyregion/index.html?todaysheadline

OP-ED
=========================
The Great Divide
By PAUL KRUGMAN
I predict that in   the years ahead Enron, not Sept. 11,
will come to be seen as the greater   turning point in
American society.
http://www.nytimes.com/2002/01/29/opinion/29KRUG.html?todaysheadlines

-----

A Need for Prudence in the Persian Gulf
By SHIBLEY TELHAMI
Over time, the United States and Saudi   Arabia should begin
talks to reduce   the American military presence, because
our mutual interests will require that change.
http://www.nytimes.com/2002/01/29/opinion/29TELH.html?todaysheadlines

-----

Argentines Check Their Baggage
By ROBERTO GONZALEZ ECHVARRIA
The Argentines now returning to   Spain are very different
from their   grandparents, many of whom were   poor Spanish
emigrants.
http://www.nytimes.com/2002/01/29/opinion/29ECHE.html?todaysheadlines

-----

MORE OP-ED  NEWS:
http://www.nytimes.com/pages/opinion/index.html?todaysheadline

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----- Forwarded by Tana Jones/HOU/ECT on 12/18/2000 10:05 AM -----

	Walter Guidroz@ENRON
	12/18/2000 09:58 AM

		 To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT,
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Frank
L Davis/HOU/ECT@ECT, Noel Petterson/Corp/Enron@Enron, Walter
Guidroz/NA/Enron@Enron
		 cc:
		 Subject: ClickPaper approvals, 12/18/00

Attached are ClickPaper approvals for December 18, 2000.  Additional
counterparties may be forthcoming later today or tomorrow morning; thanks.

Walter


-----Original Message-----
From: 	Kaminski, Vince J
Sent:	Thursday, January 10, 2002 6:15 PM
To:	Gonzalez, Esmeralda
Cc:	Kaminski, Vince J; Daniels, Eddy
Subject:	RE: Enron Corp., Enron North America Corp. and Enron Net Works Questionnaires

Esmeralda,

I have not received any questionnaire. Can you, please, resend it.

Vince Kaminski

 -----Original Message-----
From: 	Gonzalez, Esmeralda
Sent:	Thursday, January 10, 2002 5:45 PM
To:	Lay, Kenneth; Whalley, Greg; Causey, Richard; Kean, Steven J.; Koenig, Mark; McMahon, Jeffrey; Metts, Mark; Olson, Cindy; Butts, Bob; Detmering, Tim; Donahue, Jeff; Lindholm, Tod A.; Muller, Mark S.; Rieker, Paula; Shapiro, Richard; Stabler, Frank; Taylor, Mitch; Donovan, Bill; Joyce, Mary; Menchaca, Peggy; Oxley, David; Palmer, Mark A. (PR); Port, David; Rogers, Rex; Rub, Jenny; Steffes, James D.; Waddell, Rick; Webb, Jay; Piper, Greg; Haedicke, Mark E.; Kitchen, Louise; Beck, Sally; Apollo, Beth; Dayao, Anthony; Jones, Robert W.- HR Exec; Palmer, Mark A. (PR); Pearce, Barry; Perlman, Beth; Rub, Jenny; Taylor, Mark E (Legal); Brown, Bill W.; Deffner, Joseph; Miller, Don (Asset Mktg); Lavorato, John; Allen, Phillip K.; Beck, Sally; Belden, Tim; Calger, Christopher F.; Deffner, Joseph; Detmering, Tim; Duran, W. David; Gold, Joe; Hickerson, Gary; Kaminski, Vince J; Mcclellan, George; McMahon, Jeffrey; Milnthorp, Rob; Murray, Julia; Arora, Harry; Baughman, Edward; Beyer, Michael J; Bradford, William S.; Brown, Michael; Bunnell, Don; Castleman, Kent; Collonges, Remi; Curran, Greg; Foster, Chris H.; Fox, Craig A.; Garner, Bruce; Gomez, Julie A.; Gonzales, Eric; Grigsby, Mike; Hermans, Greg; Herndon, Rogers; Hirl, Joseph; Holzer, Eric; Jones, Robert W.- HR Exec; Josey, Scott; Keel, Allan; Kinneman, Jeff; Knudsen, Sheila A.; Kohli, Sandeep; Krishnarao, Pinnamaneni; Lagrasta, Fred; Leach, Doug; Lemmons Jr., Billy; Lewis, James C.; Lewis, Richard; Luce, Laura; Malcolm, Rodney; McCullough, Travis; McMichael Jr., Ed; Melendrez, Jesus; Miller, Don (Asset Mktg); Miller, Michael; Nath, Tani; Novak, John; Oxley, David; Patrick, Michael K.; Quilkey, Paul; Reck, Daniel; Roberts, Mike A.; Sager, Elizabeth; Sanders, Richard B.; Sandt, Jim; Sayers, Rod; Schuler, Lance (Legal); Schwieger, Jim; Seyfried, Bryan; Shanbhogue, Vasant; Shapiro, Richard; Staley, Stuart; Swerzbin, Mike; Tawney, Mark; Thompson, John (London); Tricoli, Carl; Tweed, Sheila; Wantschek, Lloyd; Wiggs, Brett; Young, Steve
Cc:	Daniels, Eddy; Haedicke, Mark E.
Subject:	Enron Corp., Enron North America Corp. and Enron Net Works Questionnaires

We have not yet received your response.  Please forward your responses to the questionnaires to Eddy Daniels as soon as possible.

Please disregard this message if you have already sent your responses.  Thanks.

Sent on behalf of Eddy Daniels

Eddy Daniels
Legal Dept.
Enron North America Corp.
1400 Smith Street, ECN 3813
Houston, Texas 77002
Phone:	713.345.4753
Fax:	713.646.3490


GREAT AUSTRALIAN SHIRAZ
On Monday, December 11th at 7pm, join SPEC's and The
Wine School for GREAT AUSTRALIAN SHIRAZ. We'll taste
and talk about 12 of the best Shiraz wines Australia has
to offer. Topics of discussion will include how Shiraz got
to Australia, how Australian Shiraz developed into the
wine it is today, how Aussie Shiraz differs from Syrah
wines made in France or the US, and the winemaking that
goes into producing the best of these uniquely Australian
wines. The anticipated lineup includes Clarendon Hills
Liandra Shiraz 1998, Langmeil Shiraz 1998, Penny's Hill
Shiraz 1997, Haan Shiraz 1998, St. Hallet's Old Block
Shiraz 1995, Ausvetia Shiraz 1996, Rosemount Hill of
Gold Shiraz 1998, Rosemount Balmoral Shiraz 1997,
d'Arenberg Dead Arm Shiraz 1998, and Penfold's RWT
Shiraz 1997 along with the two giants of Aussie Shiraz,
Henschke's Hill of Grace 1995 and Penfold's Grange
Hermitage 1995. GREAT AUSTRALIAN SHIRAZ will cost
$92.00 per person (cash) with a $10.00 discount available
for 1,000  SPEC's KEY Points. The high cost of this class
is due to the expense of the wines to be tasted. For
directions, reservations, or more information on this
class, please call SPEC's at 713-526-8787. This event will
be held at l'Alliance Francaise, 427  Lovett Boulevard
(on the southeast corner of Lovett and Whitney, one block
south of  Westheimer). The price includes SPEC's famous
5% discount for cash.

SAVE THE DATES for these upcoming classes and events
(details to follow via email and at www.specsonline.com)
01-11-01 (Thursday): The Wines of South America
01-17-01 (Wednesday): Bordeaux Dinner at Bistro Vino
01-23-01 (Tuesday): The Wines of the Southern Rhone and the South of France
02-13-01 (Tuesday): The Basics of French Wine
02-20-01 (Tuesday): Bordeaux Basics

DECEMBER 2000 12-UNDER-$12
    Sometimes you don't need a "great" bottle of wine. Sometimes you just
want a cheap bottle and it wouldn't bother you at all if it were to taste
really good. We're in the same boat. We're always looking for wine that
tastes like it costs more than it does, preferably wine priced under $12.00.
So here are twelve of our favorites, all priced under $12.00.

LOUIS M. MARTINI Cabernet Sauvignon, California, 1998  (12x750ml $8.21
$91.85)  Fine classic California Cabernet nose with notes of dusty oak,
cedar, tobacco, and lots of fine black and red berry fruit. Super juicy with
great fruit flavor in the mouth, a dusty, Napa-like texture, and a really
nice medium-weight feel. The dusty fruit and tobacco notes last to the end.
Martini is making perhaps the best buy available in a value-priced California
Cabernet. Solidly Fine. SPEC's Score: 89+ points.

CAPEZZANO Montalbano Chianti DOCG 1997  (12x750ml $10.43 $115.49)  From the
best modern Tuscan vintage on record, this is a nicely balanced, subtle,
well-integrated Chianti featuring great cherry fruit and some ripe plum along
with hints of tobacco and exotic wood. Rich and satisfying in the mouth, it
is juicy with fruit and flavor. Good length. Finishes dry and slightly chewy.
Delicious and Fine. SPEC's Score: 90 points.

BOUCHARD Pere & Fils "Le Chamville" Macon-Villages, 1999  (12x750ml $9.23
$102.43)  Crisp, well-focused, nicely balanced Macon Chardonnay featuring
good tropical and banana fruit with a refreshing citrusy acidity and an
unexpected but welcome mineral note. Has enough richness to keep it
interesting. Long and fresh tasting. Very Good. SPEC's Score: 86+ points.

BOUCHARD Pere & Fils "La Vignee" Bourgogne Pinot Noir, 1999  (12x750ml $9.23
$102.43)  This well-balanced Burgundy Pinot Noir shows plenty of cherry fruit
and hints of earth and mineral that start on the nose and expand onto the
palate. The flavors are well-focused but there is a good level of richness.
The finish really lasts and stays fresh to the end. Very tasty cheap Pinot;
Really Very Good. SPEC's Score: 87+ points.

Ch. de la GREFFIERRE Macon la Roche Vineuse (Vielles Vignes) 1999 (12x750ml
$10.40 $115.48)  Very nicely structured estate-bottled, old-vine Macon with
nice mineral and terroir notes and good banana and pear fruit with a fresh
tropical lime acidity that emerges through the subtle oak component. Quite
tasty but a little sneaky; this is one of those wines that really grows on
you while you?re drinking it. Fine. SPEC's Score: 89 points.

OXFORD LANDING Limited Release Grenache, South Australia, 1998  (12x750ml
$8.86 $98.30)  Here?s a juicy, grapy, peppery, vibrantly fruity Grenache with
just enough acid to keep it somewhat balanced. No complexity at all but its
thrill is that it's a real fruit bomb. Quite fresh tasting but also solid and
satisfying. Quite yummy; Really very good. SPEC's Score: 87+ points.

Ch. MEUNIER St. LOUIS, Corbieres, 1998 (12x750ml $9.45 $98.28) Here?s another
super value in a 1998 from the south of France. This well-built
Grenache-dominated red is chock full of juicy black grapy-berry fruit and
subtle spice with a hint of Corbieres? earthy terroir. The wine is  balanced
and fresh in the mouth with a fine, medium-weight feel and a softly chewy
texture. The fruit and spice last through the fine finish. This one has both
the fruit to handle a bit of spice and the stuffing to handle beef. Served
cool (58-60o), it may be the perfect fajita wine. Fine. SPEC's Score: 90
points.

PENFOLD's Koonunga Hill Chardonnay, Southeastern Australia, 1999  (12x 750ml
$6.57 $73.45)  Really surprising for a value-priced (read cheap) Aussie
Chardonnay, this Koonunga Hill has plenty of fruit but it is more in the
green apple and green banana range than it is like the typical Aussie
pineapple juice Chardonnay. The fruit is well complimented with a welcome
mineral component and  enough acidity to keep everything fresh and balanced.
Quite elegant with good length showing mineral-character and fruit that lasts
to the end. Good food Chardonnay. Fine. SPEC's Score: 88 points.

M. TRINCHERO Merlot, California Coastal, 1997  (12x750ml $8.57 $95.79)  Soft
textured, juicy, everyday-priced Merlot with plenty of ripe cherry Merlot
fruit. Fresh and lively and full of flavor in a medium weight, very
drinkable, well-balanced style. Simple but delicious, it makes a super party
red. Really Very Good.  SPEC's Score: 87 points.

HOGUE Fume Blanc, Columbia Valley, 1999  (12x750ml $5.75 $64.25)  Very fresh
tasting, refreshing Sauvignon Blanc with good crisp pear and lemon fruit,
hints of green melon, and a touch of perfume (and no grassiness). Long and
lively, it finishes dry. Good as an aperitif or with simple seafoods
(especially oysters). Think of it as a sort of American Entree Deux Mers.
Very Good. Spec's Score: 86 points.

MARTIN & WYRICH Moscato Allegro, California, 1999  (12x750ml $9.95 $111.30)
This delicious Orange Muscat is fresh, bright, and alive with lots of
perfumed orange blossom and honeysuckle fruit. Surprisingly lively despite
its sweetness, this wine is quite fresh in the mouth with just a touch of
frizzante. Long and balanced with a clean, lemon candy-like finish it is very
refreshing and quite delicious. Fine. SPEC's Score: 88 points.

RAMOS PINTO Ruby Port, NV  (6x750ml $10.96 $60.03) Here?s a juicy, grapy red
Port featuring a good mix of fruit and fire along with good weight and
richness. The fruit is in the dark berry and grape juice range with just a
touch of extra ripeness. This solid, everyday Port has the ability to keep
for many weeks after the bottle is opened but enough flavor to make sure it
is drunk sooner. Very Good. SPEC's Score: 87 points.

Special for SPEC's KEY holders: Buy a mixed case consisting of one 750ml
bottle of each of our December 2000 12-Under-$12 selections for only $99.09,
a savings of $8.52 over SPEC's already low cash bottle price.

Prices for these items and for the mixed case are good in all SPEC's stores.
Prices are good through January 3, 2001. The "12x750ml" means the wine comes
in 750ml bottles packed 12 to the case. The first price listed for each
selection is the cash discounted bottle price. The second price listed is the
cash discounted case price.

"Spec's"  is a service mark of the Spec's Family Partners, Ltd. and is
registered with the State of Texas. Prices are subject to change without
notice. Prices listed include a 5% discount for cash. "Cash" includes checks
and debit cards when you enter your PIN#.