Mary Theresa Franklin will be working on all the gathering stuff.  She and I
will be getting together tomorrow afternoon at 12:30.  Actually, you could
set the priorities for us.  What should we work on first?

---------------------- Forwarded by Chris Germany/HOU/ECT on 03/27/2000 12:56
PM ---------------------------

Brenda H Fletcher
03/27/2000 12:33 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: CGAS K# 39764 - Deal #77349

Are you planning on working on the gathering contracts or is someone else
going to enter?

Chris Germany
03/27/2000 12:07 PM
To: Brenda H Fletcher/HOU/ECT@ECT, Scott Goodell/Corp/Enron@ENRON, Mark
Feldman/HOU/ECT@ECT, Mary Theresa Franklin/HOU/ECT@ECT
cc:
Subject: Re: CGAS K# 39764 - Deal #77349

I would change it to an IT gathering contract.  I didn't know we had any firm
gathering in the Market area.  And currently, I am not working on the other
gathering contracts.

Brenda H Fletcher
03/27/2000 11:53 AM
To: Chris Germany/HOU/ECT@ECT
cc: Scott Goodell/Corp/Enron@ENRON, Mark Feldman/HOU/ECT@ECT, Mary Theresa
Franklin/HOU/ECT@ECT
Subject: CGAS K# 39764 - Deal #77349

The invoiced rate on this contract is for  interruptible gathering but the
information on the deal reflects a Firm contract. How do you suggest handling
so the contract type, rate schedule and firmness are consistent with the
pipeline?

Also, there are 10 contracts that we were invoiced for processing charges
that are not on the Service List in Path Manager for Feb.
Are you working on getting contracts and deals added?

Thanks,
Brenda


Stan - FYI, we (Ron, John, Rod, Saeed and Dwight) had a great meeting today
with PWC to discuss getting a better handle on both the operating synergies
and growth potential for a combination pipes/wires Transco.  They had a very
good outline of how to move forward at a 50,000 foot level, which is
appropriate for our next meetings on 2/1/ and 2/4.  The action items
resulting were as follows:

ENE to provide PWC w/ basic data download from our work in progress
(assumptions we've used for the IOU's assets, GPG public data, shell models,
etc.) (1/21)
PWC to provide ENE cost to complete study prior to 2/1 and 2/4 meetings (1/21)
PWC to provide ENE a template for evaluating each of the synergies we
mutually agreed need focusing on now. (1/24)
PWC to provide ENE a similar template for the various growth prospects
discussed (1/24)
Initial follow up meeting (same participants from ENE) on Monday, 1/24 to
begin rationalizing the data and quantifying the numbers.
Rough draft of study due before 2/1 meeting.
Final draft prior to 2/4 meeting.

As always, call if any questions.

RANDY


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As some of you know, I am leaving Enron and heading to Wyoming for a five
month ski trip across Greater Yellowstone this winter.  The trip is going to
be on MountainZone.com, a web site that follows outdoor expeditions.  After
each part of our trip, we will send in pictures and written updates.  Here is
the address:

http://ski.mountainzone.com/2001/yellowstone/html/index.html

My email after leaving Enron will be: wgoodbody@hotmail.com

It's been a lot of fun working with everyone here.  All the best in 2001!

Regards,

Winston


this answers when and where
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 10/02/2000
02:32 PM ---------------------------

	From:  Dan Fancler                           10/02/2000 02:31 PM

To: Dan Fancler/ET&S/Enron@Enron
cc: Tony Pryor/ET&S/Enron@ENRON, Drew Fossum@ENRON, Lee
Ferrell/ET&S/Enron@Enron, Bob Chandler/ET&S/Enron@Enron, Maria
Perales/ET&S/Enron@ENRON

Subject: Re: Meeting - - Trading Policy

Sorry, we plan to meet on Weds. 10/4 at 10:00 am if thats ok with everyone.

Dan

	From:  Dan Fancler                           10/02/2000 02:30 PM

To: Tony Pryor/ET&S/Enron@ENRON, Drew Fossum@ENRON, Lee
Ferrell/ET&S/Enron@Enron, Bob Chandler/ET&S/Enron@Enron
cc: Maria Perales/ET&S/Enron@ENRON

Subject: Re: Meeting - - Trading Policy

Revised Trading Policy.  We would like to get together in room 4263 to review
your comments and make changes as necessary.

Thanks, Dan


Over the next several months Enron will be phasing in a new expense-reporting
product, Concur Technologies, Expense Management System (XMS).  You will be
able to prepare your expense report, send it for approval, and transmit it
for payment using the Intranet.  It will be far more user-friendly than the
Excel-based form currently in use and will provide a truly paperless
process.  In addition, the system efficiently integrates with the SAP
accounting system.

On October 16, employees who used a prior version of the product upgraded to
the most current release.  On October 30, it will be available to Enron Corp
employees, Company 0011.  The rollout to other groups will continue through
January 2001.  Rollout announcements will be made to each business unit.

In Houston, IT Central will provide four training sessions per week. To
enroll in a class go to itcentral.enron.com and click on
Services>Training>Schedules. Those in outlying locations and those who prefer
on-line training can use LEAP by signing on to sap.enron.com and clicking on
Training, then LEAP.  Use xms (lower case) as the User ID and Password.

We are excited about this new system and hope you will find it useful.  If
you have questions regarding its use contact IT Central at (713) 345-4727 or
visit their website.


-----Original Message-----
From: William Scholtes [mailto:premierpumpcompany@home.com]
Sent: Monday, October 01, 2001 11:02 AM
To: Scholtes, Diana
Subject:

From the desk of
Bill Scholtes
Premier Pump Company


For both days, the CRC purchase 25 MWs of on-peak, at SP-15 from
BPAmoco.  If you have any questions, please call me at 702-682-6977.
thanks


PRC Meetings begin on Monday, November 20th.  If you have not already done
so, please go in to PEP at http://pep.corp.enron.com and complete the
requests for feedback on the employees listed below.

If you have any questions, please call the PEP Help Desk at:

Houston:  1-713-853-4777, Option 4
London:  44-207-783-4040, Option 4
E-mail:  perfmgmt@enron.com

Thank you for your participation.

    KEAVEY, PETER F
    MCKAY, BRADLEY T
    NEAL, SCOTT M


Sara:  Thanks for your message;   I have not received any fax relating to
this issue (perhaps you sent it to Jim--if so, I will get it from him).  Any
contractual language that affects our equity securities is high on my list of
priorities;  I am usually surprised and disappointed at the lack of expertise
that I see from the banks' counsel in this area (also their lack of concern
for our issues).  As soon as Jim forwards to me what you sent to him, I will
take a look at it.  As always, thanks for your help.  Regards, Rex.

 -----Original Message-----
From:  Shackleton, Sara
Sent: Tuesday, April 17, 2001 4:47 PM
To: Armogida, Jim; Rogers, Rex
Cc: Nogid, Jeff
Subject: Lehman Bros. "puts"

Jim and Rex:

The Lehman Bros. form of "put" works fine from a legal perspective.
Yesterday, I faxed to you one of the "puts" with underlined language
reflecting differences in securities language from our prior swap/forward
deals with Lehman.  The differences may be alright for purposes of the "puts".

Please let Jeff know if the "puts" are acceptable for execution (from the
securities perspective).  I have already initialed the documents from the
swap perspective.  Let me know if you have any questions.

As usual, thanks for your help.

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


MEMORANDUM

TO: Regulatory Affairs Committee-Board and Associate Members Only
       Power Marketers Working Group

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

DATE: March 16, 2001

RE: Regulatory Affairs Washington Staff
      ? First Meeting Scheduled for Thursday, March 29th at
        Noon

Members have asked that EPSA begin coordinating regular meetings for the
regulatory staff of our member companies here in Washington, D.C.  Like we do
for the legislative affairs staff, EPSA would plan twice-a-month informal
meetings to provide opportunities to share information and discuss strategy
and tactics.  The group will not develop EPSA policy.

The first meeting of the group will be held at the new EPSA office on
Thursday, March 29th at noon.  Lunch will be provided.  The office is located
at 1401 New York Ave., N.W., 11th floor.  The agenda will include
organizational issues, including future meeting format and schedules.

If you are planning to attend, please RSVP using the form below to Jackie
Gallagher either by fax (202-628-8260) or e-mail (jgallagher@epsa.org).

Regulatory Affairs Washington Staff

_____  Yes, I will attend the March 29th meeting

_____  No, I will not be able to attend.

Name:______________________ Company:_______________________

Phone: __________________  E-mail:____________________________


----- Forwarded by Miyung Buster/ENRON_DEVELOPMENT on 03/23/2001 02:16 PM
-----

	Rob Bradley@ENRON
	03/23/2001 09:22 AM

		 To: Miyung Buster/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: "Green Coal" power plant planned for Washington State

Please distribute

March 23, 2001, 12:00 a.m. Pacific

'Green' coal plant is planned

by Lynda V. Mapes
Seattle Times staff reporter

Washington's first new coal-fired power plant in 30 years is being
planned for Cherry Point in Whatcom County.

The plant is proposed to generate 249 megawatts of power and could be up
and running within 36 months, said John O'Brien of U.S. Electric Power of
Point Lookout, N.Y.

The plant's size falls just below the requirement for review by the state
Energy Facility Site Evaluation Council. The facility must still meet all
requirements of the federal Clean Air Act as well as state air-pollution
controls.

Coal is considered the dirtiest of major fuels for power generation,
emitting more carbon dioxide and gases that lead to smog than natural
gas.

But coal plants vary widely in the amount of emissions they produce,
depending on the quality of the coal, the technology used to burn it and
the environmental standards.

O'Brien said the plant will burn only ultralow-sulfur coal and use stack
scrubbers and other technology to make the coal plant at least as clean
as a natural-gas-fired plant.

"We are going to employ the best technology, and we will spend the money
to make sure it happens. If there is anything dirty about it, we will not
build it."

The company is also examining ways to partially offset carbon-dioxide
emissions - the major cause of global warming - through reforestation of
land in northwestern Washington, O'Brien said.

"On CO2, we will do our best, and we will do better than anyone else, and
more than any of the gas-fired folks," he said.

O'Brien says he knows the plant will be controversial despite his planned
"Green Coal" public-relations campaign beginning May 1.

http://seattletimes.nwsource.com/cgi-bin/WebObjects/SeattleTimes.woa/wa/got
oArticle?zsection_id=268466359&text_only=0&slug=coal23m&document_id=1342765
28

Gregory Rehmke
Foundation for Economic Education
(914) 591-7230 x213; Cell: (914) 760-5638
www.freespeaker.org


As discussed yesterday, we will have a 5:00 pm meeting daily to update you on details regarding the merger.   We will begin this meeting today, Novmeber 13, and will continue this as long as you find it useful.  The meeting will be held each day in ECS 04075 (same conference room that we were in on Monday morning).

Mark Taylor will join us from Legal this afternoon. He will discuss terms of the merger agreement and will answer questions that you may have.  We will also discuss our ENW plans for a PRC "Lite".

There is no need to RSVP to this meeting each day.  The meeting will be held daily for all of those who can attend.

--Sally


please revise - thanks.

 -----Original Message-----
From: 	Chilkina, Elena
Sent:	Thursday, February 14, 2002 2:03 PM
To:	Shackleton, Sara
Subject:	RE: short contact list

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

Thanks,
Elena

Elena E. Chilkina
Enron Americas
713.853.4305

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

 << File: Gas Parties list.doc >>

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


you just want my address...2125 Sul Ross, Houston, TX, 77057....

-----Original Message-----
From: Laurel Hazzard [mailto:lhazzard@firstam.com]
Sent: Tuesday, November 06, 2001 1:27 PM
To: Smith, Matt
Subject: RE:

I washed your sock.  Would you like me to send it to you?  If so, I need an
address.

-----Original Message-----
From: Smith, Matt [mailto:Matt.Smith@ENRON.com]
Sent: Tuesday, November 06, 2001 9:59 AM
To: Laurel Hazzard
Subject: RE:

Oh yes, it was a good contest.  Gannon is quite the quarterback.  Did
you?  I only watched the first half, though, because I was tired and
went to bed.  Today, I'm watching our stock go to shit once again.  It's
only a matter of time before we shut the doors.  I think the only thing
that will keep us from going under is that the industry would get hurt
too much.  Maybe the government will bail us out.  Anwyay, how's
everything with you?

-----Original Message-----
From: Laurel Hazzard [mailto:lhazzard@firstam.com]
Sent: Tuesday, November 06, 2001 11:48 AM
To: Smith, Matt
Subject:

Did you have some football-loving fun last night?

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


---------------------- Forwarded by Kori Loibl/HOU/ECT on 10/10/2000 10:43 AM
---------------------------

Sherry Dawson@ENRON
10/10/2000 10:35 AM
To: Kori Loibl/HOU/ECT@ECT
cc:
Subject: FW: Smarts

---------------------- Forwarded by Sherry Dawson/NA/Enron on 10/10/2000
10:33 AM ---------------------------

"JOLLYJAC" <jjolly@STARLUMBER.COM> on 10/09/2000 06:03:18 PM
To: "Mike Meile" <mmeile@aol.com>, "Mike Donarumo"
<mikedon@beaulieu-usa.com>, "NFA" <TheNFA@aol.com>, "Sharon Livingston"
<Sharon@galstar.com>, "Debbie Morrow" <morrowdm2@earthlink.net>, "Sherry
Dawson" <Sherry.Dawson@enron.com>, <jcoyne@starlumber.com>
cc:

Subject: FW: Smarts

Ain't it the truth?  Jacque

-----Original Message-----
From: Wal6552822@aol.com [mailto:Wal6552822@aol.com]
Sent: Monday, October 09, 2000 5:22 PM
To: jjolly@starlumber.com; woodfamily@terraworld.net; Zehr0255@aol.com
Subject: Smarts

> > One afternoon at Cheers (the bar), Cliff was

> explaining the "Buffalo

> > Theory" to his buddy Norm.  Here's how it went:

> >

> > "Well, ya see Norm, it's like this....A herd of

> buffalo can only move as

> > fast as the slowest buffalo.  Now when the herd is

> > hunted, the slowest and weakest ones at the back are

> killed first.  This

> > natural selection is good for the herd as a whole,

> because the general

> > speed and health of the whole group keeps improving

> by the regular killing

> > of the weakest members.

> >

> > In much the same way, the human brain can only

> operate as fast as the

> > slowest brain cells.  Intake of alcohol, as we all

> know, kills brain

> > cells, but naturally, it attacks the slowest and

> weakest brain cells

> > first.  In this way, regular consumption of beer

> eliminates the weaker

> > brain cells, making the brain a faster and more

> efficient machine.

> >

> > That's why you always feel smarter after a few

> beers."


---------------------- Forwarded by Richard Shapiro/NA/Enron on 03/28/2001
07:11 AM ---------------------------
From: Vicki Sharp@EES on 03/27/2001 06:30 PM
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: Various

---------------------- Forwarded by Vicki Sharp/HOU/EES on 03/27/2001 06:29
PM ---------------------------

EES Office of Chairman
03/13/2001 11:57 AM
Sent by: EES Distribution
To: All EES, Enron Europe EES Group, Enron London EES Group
cc:
Subject: Various

Please see attached memo from Dave Delainey.


You can take me off this distribution as I am no longer with risk.

Thanks,
Susan

	  From:  Larry Joe Hunter                           03/27/2001 11:04 AM

To:	Leslie Reeves/HOU/ECT@ECT
cc:	Kam Keiser/HOU/ECT@ECT, Victor Guggenheim/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Jackson Logan/HOU/ECT@ECT, Jeff Royed/Corp/Enron@ENRON, Sandy Olitsky/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Anne Bike/Corp/Enron@Enron, Errol McLaughlin/Corp/Enron@ENRON, Laura Vargas/Corp/Enron@ENRON, Susan M Scott/HOU/ECT@ECT, Luchas Johnson/NA/Enron@Enron, Sherry Dawson/NA/Enron@Enron, Brant Reves/HOU/ECT, Veronica Espinoza/Corp/Enron, Russell Diamond/HOU/ECT, Nidia Mendoza/HOU/ECT@ECT, Brad Schneider/Corp/Enron@Enron, Wendi LeBrocq/Corp/Enron@Enron, Lesli Campbell/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Janie Aguayo/HOU/ECT@ECT, Derek Bailey/Corp/Enron@ENRON, Larry Joe Hunter/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen Wallumrod/NA/Enron@ENRON, Paul Radous/Corp/Enron, Jason R Williams/NA/Enron, Walter Guidroz/NA/Enron, Rudwell Johnson/NA/Enron, Tanya Rohauer/HOU/ECT, Kara L Boudreau/HOU/ECT, Michelle Nelson/Corp/Enron, Stewart Range/NA/Enron, Shifali Sharma/NA/Enron, Keynan Dutton/NA/Enron, George Huan/NA/Enron, Elizabeth Shim/Corp/Enron@ENRON, Diane Anderson/NA/Enron@Enron, Bianca Ornelas/NA/Enron@Enron, Jefferson D Sorenson/HOU/ECT@ECT, Celeste Cisneros/NA/Enron@Enron, David Oliver/LON/ECT@ECT
Subject:	3/23 Confirms not sent by T/D + 1

The below is a list of Friday, March 23 deals in which the Confirm was not sent to C/P by Mar 26 (T/D + 1).


I've just spoken with Christian Yoder, who said he's got the confirmation
letters for these deals on his desk. He's also planning to call you to
discuss this further - these deals and several others entered as part of an
EES acquisition will all be confirmed differently than usual. I'm not
completely clear on the subject, so I'm going to defer to Christian's legal
expertise.

But if you have any other questions, please let me know. I can certainly sit
down with Christian and maybe we can all conference call on the subject.

Thanks,
Kate

	From:  Sharen Cason                           01/02/2001 08:38 AM

To: Kate Symes/PDX/ECT@ECT
cc: Kimberly Hundl/Corp/Enron@Enron

Subject: Avista deals

There are two deals for Avista the are marked not to be confirmed.  Can you
check into these, and if they are not to be confirmed, put a little note as
to why or who said not to confirm them, so 6 months from now when someone
says "Why didn't you confirm this deal!"  I'll have something to jog my
memory.  (Because I will have slept between now and then!)

Deal Numbers #487050 and 487054

Thanks!


Here are the "final" drafts of the Amirault and Dasovich testimony.  Any
last minute comments will have to be sent by 10 am.  thanks for your
consideration.  Mike Day

 <<DASOVI~1.DOC>>  <<x12282.doc>>

 - DASOVI~1.DOC
 - x12282.doc


Gerald,

 Here are David Marshall's comments.  Can you incorporate them into the
contract, or should I make a first pass and send it up for your approval?

Regards,
Chris Sonneborn
ENA Upstream Services
Facility Planning
---------------------- Forwarded by Chris Sonneborn/HOU/ECT on 09/20/2000
03:55 PM ---------------------------

	Enron North America Corp.

	From:  David Marshall                           09/20/2000 03:11 PM

To: Chris Sonneborn/HOU/ECT@ECT
cc:
Subject: Re: CIG Interconnect agreement

My comments re insurnace.

Enron corporately self insures the first $2MM of it's third party liability
risk so I suggest amending the language to state that self insurnace is a
viable option;
The insurance language as written says that our policies (except work comp)
apply for the benefit of CIG as an additional insured for any liability
arising out of the work, which presumably would include situations where CIG
may owe us an indemnity per Art. 11

Probably the best way to address insurance is to agree to the representation
that we will maintain insurance coverage or self insure to the levels
specified, and agree that the insurance policy will protect CIG to the same
extent that we have agree to indemnify them in Art. 11


you going to vegas.  i just got my ticket.


Mary,

Per your e-mail, I would like to delete (ii) in the defininition of
"reasonably withheld" as there is only one party that has a possibility to
have a material unhedged position (ie. Enron).

Thanks,

Ryan

The (i) Termination Date and (ii) each date specified as such in a written
notice from either party to the other party with respect to a designated
Number of Shares specified in the notice (the "Notice"), to which the party
receiving such notice consents, which consent shall not be unreasonably
withheld.  For purposes of this Confirmation, the parties agree that consent
shall be deemed reasonably withheld (i) if the party receiving the Notice has
a reasonable business purpose for maintaining the Transaction (excluding any
business purpose relating specifically to the existing or anticipated value
of the Transaction or any other Transaction subject to the Agreement) or (ii)
if consenting to the Notice would result in a material unhedged exposure or
liability for the party receiving the Notice.  For the avoidance of doubt, a
Notice shall be sent from either party to the other party on the Termination
Date.

---------------------- Forwarded by Ryan Siurek/Corp/Enron on 09/06/2000
02:25 PM ---------------------------

MARY COOK@ECT
09/06/2000 01:06 PM
To: Julia H Chin/NA/Enron@Enron, Kristina Mordaunt/Enron Communications@Enron
Communications, AnnMarie Tiller/Corp/Enron@ENRON, Ryan
Siurek/Corp/Enron@ENRON, Andrea V Reed/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT,
Sara Shackleton/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT

Subject: Vaulation Date Raptor Language:  RUSH

Kristina, please forward as you deem necessary to EBS persons for final
approval.  Thank you.

Please see attached language concerning the Raptor swaps in respect of the
Valuation Date mechanism and advise me as soon as possible of your approval
or comments, if any.  We are trying to finalize all public swaps (save Active
Power) today, so your timeliness will be GREATLY appreciated by me!  Mary


FYI.  I hope to have a conversation with GE today regarding finishing this
document, including the exhibits.

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 11/27/2000 08:58
AM ---------------------------

"Thompson, Peter J." <peterthompson@akllp.com> on 11/22/2000 02:42:23 PM
To: "Kay Mann (E-mail)" <kay.mann@enron.com>
cc: "Pipitone, Paul" <paulpipitone@akllp.com>, "Cobb, Chris"
<chriscobb@akllp.com>

Subject: City of Austin Agreement

Attached please find a clean copy of the City of Austin Facility
Agreement, as well as a blackline showing changes to the document agreed
to by GE.  To complete the agreement the following needs to be inserted:

1. For the recitals, the kW capacity of its plant and  the location
of the plant.

2. All exhibits, including Exhibit N-3 (which is the original price
for each unit) and Exhibit U, which contains the Site specific material.
The Table of Contents should then be run to include all of the exhibits.

3. The agreement reference in 6.7.1

4. The payee and address for invoices in 6.7.2

5. The names, addresses, etc. for Sections 25.1 and 25.3
 <<Comparison of the Gas Turbine Agreement.DOC>>  <<Gas Turbine
Agreement Draft of 11/22/00.DOC>>
 - Comparison of the Gas Turbine Agreement.DOC
 - 00.DOC


I really appreciated your participation today...very substantive and
constructive.  I particularly liked the idea of a migration "trigger",
which I included in the outline.  I personally think that the big ticket
items are rate level, rate freeze end and TRA allocation.  I wish we
could start facing that dance.  I'd play with (a) 25% immediate increase
in commodity price (explicit, rather than residual); (b) rate freeze end
on October 2, 2000 (c) pre EOF TRA undercollections to utilities,
everything after is allocated forward to procurement customers.
Thoughts?


I am not a market maker in SWA vouchers, so you have my word that I will not
sell them back.  Your bid for these vouchers is $250 in the market, my bid
for bulk is $200,  I am willing to pay more.  I can already get to my
destination for $250 - so maybe we can meet in the middle.

Let me know

DirtyRed2U@webtv.net (David) on 01/05/2001 02:07:42 PM
To: Eric.Bass@enron.com
cc:
Subject: Re: Southwest tickets

If you get me for $200--you can sell em to me for $250.
I have no offer for you.
Thanks
David

Content-type: text/plain; charset=us-ascii

Well I am looking for 24 Round trip tickets (48 one-ways)  and was looking
to spend around $200 per round trip ($100 for each one-way).  What is your
offer on that size?

Thanks for you PROMPT attention because I am trying to book airfare today
on one airline or another.

DirtyRed2U@webtv.net (David) on 01/05/2001 01:17:09 PM

To:   Eric.Bass@enron.com
cc:
Subject:  Re: Southwest tickets

Let's put it like this: How many do you want and at what price are you
willing to pay?

Content-type: text/plain; charset=us-ascii

How many 1 way tickets do you have?  I am interested in buying in bulk!

Thanks,

Eric Bass


Missing deal was input under Matt Motley - 492135

491593 is Prebon - I'll change this after the calc.

492044 has been zeroes out - it was a duplicate of the same deal, which was
done with APB.

Thanks,
Kate

Kerri Thompson@ENRON
01/08/2001 02:14 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb checkout

missing deal for bob

buy scem
feb
25 mw
- 1.50
np 15

491593, not them

492044, not them

thanks


Gary,

I have also been speaking to Johnnie Brown in San Antonio to be the general contractor.  According to Johnnie, I would not be pay any less buying from the factory versus purchasing the panels through him since my site is within his region.  Assuming this is true, I will work directly with him.  I believe he has sent you my plans.  They were prepared by Kipp Flores architects.

Can you confirm that the price is the same direct from the factory or from the distributor?  If you have the estimates worked up for Johnnie will you please email them to me as well?

Thank you for your time.  I am excited about potentially using your product.

Phillip Allen


I'll be getting you stuff tonite or tomorrow.

Best,
Jeff

	"Jackson, James (JCJA)" <JCJA@chevron.com>
	04/13/2001 04:46 PM

		 To: "'Guinney, Mark'" <Mark_Guinney@watsonwyatt.com>, "\"JcjCal02@aol.com\"
" <JcjCal02@aol.com>, "\"dwindham@uclink4.berkeley.edu\" "
<dwindham@uclink4.berkeley.edu>, "Jackson, James (JCJA)" <JCJA@chevron.com>,
"\"Jeff.Dasovich@enron.com\" " <Jeff.Dasovich@enron.com>,
"\"jjackson@haas.berkeley.edu\" " <jjackson@haas.berkeley.edu>,
"\"guinney@haas.berkeley.edu\" " <guinney@haas.berkeley.edu>
		 cc:
		 Subject: RE: Netscape

Thanks Mark!
Jimmy

> -----Original Message-----
> From:   Guinney, Mark [SMTP:Mark_Guinney@watsonwyatt.com]
> Sent:   April 13, 2001 5:47 AM
> To:   "JcjCal02@aol.com" ; "dwindham@uclink4.berkeley.edu" ;
> "JCJA@chevron.com" ; "Jeff.Dasovich@enron.com" ;
> "jjackson@haas.berkeley.edu" ; "guinney@haas.berkeley.edu"
> Subject:   Netscape
>
> Jimmy,
>
> I've plugged in a lot of the qualitative answers to the questions
> (attached)
> although I still have some more to do.  If you are working on the
> quantitative
> elements, I'll hold off for now so we are not redundant.
>
>
>
> **********************************************
> Mark D. Guinney, CFA
> Consultant
> Watson Wyatt Investment Consulting
> 345 California Street, Ste. 1400
> San Francisco, CA  94104
> (415) 733-4487 ph.
> (415) 733-4190 fax
>
>
> ____________________Reply Separator____________________
> Subject:    Re: BF Good Case
> Author: "JcjCal02@aol.com" <SMTP:JcjCal02@aol.com>
> Date:       04/13/2001 12:02 AM
>
> Just an FYI guys, I have started working the calculations for the Netscape
> case.  I will send you the results and my comments by Friday night.
> Please
> give me some feedback by a resonable time Saturday so I can wrap this
> thing
> up Saturday night.  I'd rather not spend Easter Sunday working on this
> case.
> Jimmy
>  << File: Netscape.doc >>


Please review the attached Links Report.

Jerry Graves
713-345-8923


take a look and we'll send it to Greg.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 09/14/2000
12:21 PM ---------------------------

Martha Benner
09/14/2000 12:18 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Insert


Thanks for the info.

	Mary Ogden
	05/11/2000 02:20 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc: Eric Gillaspie/HOU/ECT@ECT
		 Subject: Enron Compression Services Company

Dear Gerald:

Today I received information indicating that effective April 28, 2000, Enron
Compression Services Company received authorization to do business in Iowa.

I've put the relevant documentation in the file.

MCO


Attached is the revised AOI reflecting comments from AES' counsel.

Closing Agenda for Friday 5/11/2001

-10am --wire in the amount of $1mm to be initiated by AES
-Upon Wire Confirmation--ENA delivers to AES the following executed docs via
Fax:
1.  Am. 4 to PDA;
2.  Am.2 to SPA;
3.  Assignment of Interest in Haywood Power I, LLC; and
4.  Representations Certificate

-Upon Wire Confirmation--AESdelivers to ENA the following executed docs via
Fax:
1.  Am. 4 to PDA;
2.  Am. 2 to SPA;
3.  Assignment of Interest in Haywood Power I, LLC;
4.  Representations Certificate;
5.  Commitment Letter; and
6.  Waiver of Termination Option

--Both Parties will overnight 1 copy of each agreement/letter to the other's
counsel for Saturday delivery.  Additionally, in the same package ENA will
include  the LLC Binder for Haywood Power I, LLC and appropriate termination
letters of the company's officers.

Please feel free to call me with questions or comments.  Best regards.

Aaron P. Roffwarg
Bracewell & Patterson, LLP
South Tower Pennzoil Place
711 Louisiana St.
Houston, Texas 77002
(713) 221-1117 (Ph)
(713) 221-2184 (Fax)

CONFIDENTIALITY STATEMENT:
This information is intended only for the use of the individual or
entity to which it is addressed and may contain information that is
privileged, confidential, and/or exempt from disclosure under applicable
law.  If you are not the intended recipient, you are hereby notified
that any dissemination of this information is strictly prohibited.  If
you have received this information in error, please notify us
immediately by telephone at (713) 221-1117 or by fax at (713) 221-2184,
and confirm that you have destroyed this information and any copies.
Thank you.

 - #1287349 v4 - ASSIGNMENT OF INTERESTS.doc


When: Friday, November 16, 2001 9:00 AM-10:00 AM (GMT-06:00) Central Time (US & Canada).
Where: EB 3567

*~*~*~*~*~*~*~*~*~*


I got the chart in electronic form.  Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 09/25/2000 06:01 PM -----

	Ruth Ainslie <RAinslie@isda.org>
	09/20/2000 06:54 AM

		 To: Mark Haedicke <Mark.E.Haedicke@enron.com>
		 cc: Robert Pickel <RPICKEL@isda.org>, Nick Collier <ncollier@isda-eur.org>
		 Subject: A&O Chart ISDA European Energy Committee

As requested.

 - memo for item 1 sep 11 2000.doc


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/08/2000
06:04 PM ---------------------------

Vince J Kaminski
09/01/2000 04:37 PM
To: vkaminski@aol.com
cc:
Subject: Papers


Jeff --

In a budget meeting, will call this afternoon unless something critical.  Thanks,

Jim

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Monday, October 15, 2001 11:35 AM
To:	Steffes, James D.
Subject:	RE: CA question on PX Credit

Were you on call this morning?  It was pretty interesting.  If you weren't on, I'd like to discuss a couple of topics that came up.

Best,
Jeff

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Monday, October 15, 2001 11:34 AM
To:	Ruffer, Mary lynne
Cc:	Mara, Susan; Dasovich, Jeff
Subject:	RE: CA question on PX Credit

No.  Although the lack of a concrete decision is a "decision" - just not one we like.  Our goal is to get this dealt with by end of November.

Jim

 -----Original Message-----
From: 	Ruffer, Mary lynne
Sent:	Monday, October 15, 2001 6:26 AM
To:	Steffes, James D.
Subject:	RE: CA question on PX Credit

I believe we are ok for now.  Do we have any indication of when the CPUC will make some decisions on the CTC methodology?

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Friday, October 12, 2001 2:45 PM
To:	Ruffer, Mary lynne
Subject:	FW: CA question on PX Credit

Mary Lynne -

Do you need anything on this?

Jim

 -----Original Message-----
From: 	Swain, Steve
Sent:	Friday, October 12, 2001 1:19 PM
To:	Dasovich, Jeff; Mara, Susan; Steffes, James D.
Subject:	RE: CA question

Before we carry this much further, let me explain some more why I raised the question in the first place.

We currently assume that our exposure to CTC going forward is zero.  Arthur Andersen was questioning this assumption, as market prices in general are lower than embedded gen now (unless you include DWR costs), which implies that if we were under the old CTC regime we could be paying some positive CTC.  AA was wondering why we weren't holding some reserves for this eventuality.

Mary Lynne and I told them we weren't reserving b/c we just have no clear idea what will happen in the coming months re:CTC, but that in all likelihood zero is the best guess b/c no one can agree on what PX credit ("market" price) is now that there is no PX.  Besides, though SCE and PG&E are arguing for different methods (the so-called "top-down" and "bottom-up"), in the end the result will be about the same (CTC=0), especially now that PG&E has supposedly stopped "adjusting" the PX credit to recover past undercollections.  And of course, the DWR contracts muddy the waters, since if one includes them in the calculation of utility gen costs, then you could easily get to a negative CTC situation.  Bottom line: we think things are so screwed up that everyone will prefer just to ignore CTC for the few months remaining that it has to run.

In light of all this we thought we might further quell AA's skepticism if we could show that although we had once argued that DJI should be used as a substitute for PX credit, we were now simply arguing that DA should pay T&D only, and that CTC should become a relic of the past.

I think by now it may be a dead issue -- I believe AA has accepted our arguments w/o this extra bit of persuasion, else I would have heard more from Mary Lynne.  Thanks for all the background and input from everyone, and please let me know if you have any more relevant comments given this context.

>  -----Original Message-----
> From: 	Dasovich, Jeff
> Sent:	Friday, October 12, 2001 10:16 AM
> To:	Mara, Susan; Steffes, James D.; Swain, Steve
> Subject:	RE: CA question
>
> Recognizing that it was Sue's idea (though I'm not sure, Sue,
> if you're referring to the DJ index or the bottoms-up
> approach), isn't it also true that Harry submitted some
> testimony more recently regarding the DJ index method, and
> didn't ARM more recently submit some bottoms-up testimony,
> comments, etc.?
>
> Best,
> Jeff
>
>  -----Original Message-----
> From: 	Mara, Susan
> Sent:	Friday, October 12, 2001 12:13 PM
> To:	Dasovich, Jeff; Steffes, James D.; Swain, Steve
> Subject:	RE: CA question
>
> All,
>
> I think I actually was the one who proposed it in a 1998
> "RAP" case three years ago.  The case is long closed and our
> suggestion was not accepted.  Therefore, we don't have to
> worry about it. If we like the idea, we would have to find a
> way to propose it anew -- if we don't like the idea, we just
> fail to bring it up again.
>
>  -----Original Message-----
> From: 	Dasovich, Jeff
> Sent:	Thursday, October 11, 2001 9:13 AM
> To:	Steffes, James D.; Swain, Steve; Mara, Susan
> Subject:	RE: CA question
>
> We did recommend using the DJ index.  But subsequent to that,
> I believe we filed as part of the "ARM" coalition,
> recommending a bottom's-up approach.  Is that right Sue?
> However, I don't think it's accurate to say that we
> "withdrew" the DJ index recommendation.  Both our original DJ
> recommendation, and the bottom's up recommendation, are still
> sitting at the PUC.  I think that's how things currently stand.
>
> Best,
> Jeff
>
>  -----Original Message-----
> From: 	Steffes, James D.
> Sent:	Thursday, October 11, 2001 11:05 AM
> To:	Dasovich, Jeff
> Subject:	FW: CA question
>
>
> FYI
>  -----Original Message-----
> From: 	Steffes, James D.
> Sent:	Thursday, October 11, 2001 7:51 AM
> To:	Mara, Susan; Swain, Steve
> Subject:	FW: CA question
>
> Steve --
>
> We did originally file that the replacement for the PX Credit
> should be the DJ Index.  My recollection is that we did
> withdraw this argument, however I've include Sue Mara on this
> to double check.  If we haven't, I'd guess that is no longer
> URM's position?
>
> Jim
>
>  -----Original Message-----
> From: 	Swain, Steve
> Sent:	Wednesday, October 10, 2001 4:54 PM
> To:	Steffes, James D.
> Subject:	CA question
>
> I spoke with Mary Lynne today, and she said that once upon a
> time (after the PX expired) we filed something asking the
> CPUC to make the DJ index a substitute for the PX credit.
> Does this ring a bell?  And the more important question --
> did we ever withdraw that request?  Thanks.


Enron is forming a new organization - - the Enron Xcelerator - - to drive the
formation and development of new businesses at Enron.  Enron's unique ability
to start and develop new businesses has driven most of our growth over the
years.  Lou L. Pai, currently Chairman and CEO of Enron Energy Services, will
lead the Xcelerator.  Over his years at Enron, Lou has been key to the
creation and rapid growth of our wholesale gas, wholesale power and energy
service businesses.  The existing business units will continue their
development of core businesses, while the Xcelerator will be responsible for
developing new business opportunities that are natural extensions of Enron's
business model and core skills, but not currently under development elsewhere
in Enron.

Dave Delainey, currently President and CEO of Enron Americas, will become
Chairman and CEO of Enron Energy Services.  Dave brings a wealth of
experience and accomplishment from Enron Wholesale Services' businesses where
he led the growth of our Canadian business and our North American origination
activity and, most recently, had a great year in Enron Americas.

Dave is forming an Office of the Chairman in EES.  Joining Dave in the Office
of the Chairman are Dan Leff, President of EES, Global Energy Services, and
Marty Sunde, President of EES, Global Marketing and Services.  Dan and Marty
have been instrumental in the development and execution of the successful EES
business model.  Also joining the Office of the Chairman of EES is Janet
Dietrich as Chief Operating Officer.  Janet, currently is Managing Director
in Enron Americas, where she has been successful in many of Enron Wholesale's
core businesses, including gas trading, risk management and structural
origination.  Tom White will continue as Vice Chairman of EES and will focus
on the development and expansion of EES' customer relationships.  Lou, Tom,
Dan, Marty and the entire EES organization have developed a great business
model with great growth prospects.  EES has become an essential part of
Enron's market valuation and growth story.  This new leadership structure
will enable EES to continue on its path of sustained growth and increasing
profitability.

John Lavorato will succeed Dave as President and CEO of Enron Americas.  John
has been an essential part of Enron's energy trading success over the years
and is a key part of Enron Wholesale Services' continuing success story.
Joining John is Louise Kitchen, currently President and CEO of Enron
NetWorks.  Louise, who accelerated Enron's outstanding growth with the
deployment of EnronOnline, will take over as Chief Operating Officer of Enron
Americas.

Philippe Bibi, currently Chief Operating Officer of Enron NetWorks will take
over as President and CEO of Enron NetWorks.  Under Philippe's leadership,
Enron has become a technology leader and the leading e-commerce company.
Joining Philippe as Chief Operating Officer is Greg Piper, currently Managing
Director of Enron NetWorks.  Greg currently leads Enron NetWork's origination
activity and was responsible for the creation and deployment of ClickPaper,
Enron's successful online pulp and paper marketplace.

Please join us in congratulating all of these individuals on their
achievements and their new responsibilities.


I was really looking for the list of attendees to see we wanted to share
rides to Neiman's.  Can you get that list form Vanessa?  Thanks.
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/06/2001 03:32 PM
---------------------------
From: Vanessa Bob@ENRON on 04/06/2001 07:39 AM
To: Sally Beck/HOU/ECT@ECT
cc: Kathy McMahon/NA/Enron@Enron
Subject: Re: "Best Dressed" Luncheon at Niemans - Apr.12

Enron has purchased a table to the 2001 Houston Chronicle Best Dressed
Luncheon & Neiman Marcus Fashion Show benefiting the March of Dimes.  The
luncheon will be held on Wednesday, April 11 at the Westin Galleria.  The
reception begins at 11:30 a.m., and the actual luncheon starts promptly at
12:00 noon.

	Kathy McMahon
	04/05/2001 05:02 PM

		 To: Vanessa Bob/Corp/Enron@ENRON
		 cc: Sally Beck/HOU/ECT@ECT
		 Subject: "Best Dressed" Luncheon at Niemans - Apr.12

Vanessa, would you please resend Sally the memo regarding the luncheon?  It
looks like I've deleted my copy.

Thank you!

Kathy


---------------------- Forwarded by Chris Dorland/HOU/ECT on 05/11/2001 12:14
PM ---------------------------

	Dan Dorland
	05/11/2001 07:50 AM

To: Paul Devries/TOR/ECT@ECT, Jan Wilson/TOR/ECT@ECT, Jeff Borg/TOR/ECT@ECT,
Dave Ellis/TOR/ECT@ECT, Garrett Tripp/TOR/ECT@ECT, Stephane
Brodeur/CAL/ECT@ECT, Chris Dorland/HOU/ECT@ECT, kdorland@flint-energy.com
cc:
Subject: Why One Firm Thinks Enron Is Running Out of Gas

http://www.thestreet.com/_yahoo/comment/detox/1422781.html

Why One Firm Thinks Enron Is Running Out of Gas
By Peter Eavis
Senior Columnist
Originally posted at 5:23 PM ET 5/9/01 on RealMoney.com

A small research boutique with a reputation for rigorous analysis is telling
clients to quickly dump Enron (ENE:NYSE - news), believing that the energy
trading giant's 2001 earnings will fall well short of Wall Street's
forecasts.
Cambridge, Mass.-based Off Wall Street, led by analyst Mark Roberts, thinks
Enron's 2001 earnings will fall 6 cents short of the consensus estimate of
$1.79. The firm also believes Enron stock should trade around $30, nearly 50%
below Wednesday's $59.20.
The firm's 26-page report, published May 6, highlights Enron's declining
profitability and increasing leverage and suggests that the company should
trade on the same sort of multiple as a trading firm like Goldman Sachs (GS
:NYSE - news), which has a 2001 price-to-earnings ratio about half of Enron's
33 times. OWS also alleges that Enron's earnings quality is poor and that key
parts of its financial statements are confusing and opaque.
Houston-based Enron didn't comment by publication time on elements of the
report that Detox sent the company. An energy analyst who is bullish on
Enron's outlook says the OWS report contains fundamental misunderstandings
about the energy market and Enron's business model, but he says the report
does include some ground-breaking and valid insights. (The analyst's firm
doesn't give stock recommendations.)
Economies of Scale
Why care what Off Wall Street writes, compared with, say, analysts at Merrill
Lynch (MER:NYSE - news)? For one, OWS has an excellent track record.
Particularly sweet was 2000, when the tech stocks it had bashed came crashing
down. It has also shown itself to be well ahead of the curve, recommending
that clients sell e-tailer priceline.com (PCLN:Nasdaq - news) in June 1999,
when faith in Internet stocks was at its blindest and their prices at their
most insane.

Pulling Back
Enron retreats after long rally

Enron, with its domination of a burgeoning energy market, annual revenue of
over $100 billion and impressive earnings growth, can hardly be ranked
alongside the likes of priceline. But OWS thinks Enron is set for a
precipitous drop nonetheless. Why?
OWS's main beef is that key profitability measures are in decline. Margins on
Enron's pretax operating earnings (which the company's earnings releases call
IBIT, or income before interest, taxes and other items) are falling. Total
IBIT of $795 million in the first quarter amounted to only 1.59% of the $50
billion in revenue for the period, compared with a 2.08% margin in the fourth
quarter and 4.75% in the year-earlier period. Revenue in the first quarter
was nearly quadrupled from the year-earlier period, yet IBIT rose only 27%.
This shrinkage is due to lower-margin trading income making up an
increasingly large share of Enron's revenue base.
OWS thus calculates that for the remainder of 2001 Enron needs to generate an
extra $2.1 billion in revenue for each additional penny it makes over its
2000 EPS of $1.47 to reach analysts' expectation of $1.79.
The energy analyst counters that OWS apparently hasn't grasped how Enron can
continue to increase earnings even when margins shrink. It does so simply by
increasing volumes as the energy market balloons in size. In other words,
margins may decline, but since revenues are so much higher, earnings still go
up. Illustrating this, first-quarter 2001 EPS of 49 cents was 23% ahead of
the year-ago figure, even though the IBIT margin shrank by 3.2 percentage
points. The analyst thinks Enron will make $1.82 per share in 2001.
Growing On You
In addition, the huge growth in the energy market that has so helped Enron is
likely to continue for several years, according to the analyst. He notes that
roughly 75% of the electricity available in the U.S. still isn't traded in a
market. "Eventually it will be part of a competitive environment, but it'll
take five to 10 years," says the analyst. And he believes the extreme
volatility in energy-related commodities that has also benefited Enron will
exist for longer than OWS projects.
Still, OWS's point on profitability is bolstered by other profit measures.
Return on capital (net income as a percentage of equity plus debt) was 6.6%
in 2000, down on 1999's 6.9% and well below the 2000 returns on capital at
Duke (DUK:NYSE - news) (11.8%), Dynegy (DYN:NYSE - news) (12.1%) and even
Goldman (8.9%).
Even Enron bulls will admit that its financials are hard to follow. For
example, it doesn't give a gross margin number for its wholesale services, or
trading, business, which accounts for 96% of revenue. But one area of the
company's financial statements registered with the Securities and Exchange
Commission that consistently bugs analysts is the part that describes Enron's
related party transactions, which are the deals it does with entities that
have some sort of link to the firm. In fact, one of the related entities that
Enron has traded with is headed by Enron's CFO, Andrew Fastow. The energy
analyst comments: "Why are they doing this? It's just inappropriate."
The reason for maintaining these hard-to-follow related party deals has been
a source of speculation. But OWS analysis shows how a sales of optical fiber
to a related party may have been used to goose earnings in the second quarter
of 2000. Estimated profits from the so-called dark fiber (optical cable
without the gear to send data over it) transaction allowed Enron to beat
analysts' second-earnings earnings estimate by 2 cents a share, rather than
missing by 2 cents.
How soon before Wall Street follows Off Wall Street on Enron?


I will be out of the office on Friday the 22nd.

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


get better.


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This email was sent to: mcuilla@ect.enron.com


k - St Louis - 2

if gone - bye week replacement
San Francisco
Atlanta
Detroit


Tom,

Electronic version is OK.

Vince

"Piazze, Thomas" <piazzet@wharton.upenn.edu> on 11/07/2000 10:25:45 AM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject: RE: Background information

Vince:  I will be happy to do so.  Do you wish to have it in hard copy or
electronically?  If in hard copy, how many copies?

TOM

-----Original Message-----
From: Vince.J.Kaminski@enron.com
Sent: Monday, November 06, 2000 6:00 PM
To: piazzet@wharton.upenn.edu
Cc: Vince.J.Kaminski@enron.com
Subject: Background information

Tom,

Can you send me additional copies of the information about the WeBI
program? I want to distribute it internally.

Vince


We will send you these three new hourly indexes at  no charge until March 19,
when we formally launch them on our Web site, at www.tradersnewsenergy.com.
?
Please contact me with any feedback or questions.  Thank you.
?
Bobette  Riner???????????????????????????????
Director of Indexes
TradersNews Energy
713/647-8690
FAX:  713/647-7552
cell: 832/428-7008
bobette.riner@ipgdirect.com
http://www.tradersnewsenergy.com
?
?
 - comedhrly030101.doc
 - tvahrly030101.doc
 - ercothrly030101.doc


gambit (GAM-bit) noun

   1. An opening in which a minor piece is sacrificed to obtain a strategic
      advantage.

   2. A maneuver used to secure an advantage.

   3. A remark used to open or redirect a conversation.

[From Spanish gambito, from Italian gambetto (the act of tripping someone),
from gamba (leg).]

   "North Korea will no doubt try to gain maximum advantage by playing South
   Korea, America and Japan off against each other. If it fails to get the
   result - and the cash - it wants from its new diplomatic gambit, it may
   simply abandon the enterprise."
   The Two Koreas: Mr Kim, Meet Mr Kim, The Economist (London),
   Apr 15, 2000.

This week's theme: words from chess.

............................................................................
Sin is geographical. -Bertrand Russell, philosopher, mathematician, author,
Nobel laureate (1872-1970)

Q: Tomorrow is my friend's birthday and I forgot to send her a gift. Help!
A: Give the gift of words. Send a gift subscription of A.Word.A.Day at
   http://wordsmith.org/awad/gift.html . It is the gift that keeps on
   giving the whole year long, and beyond.

Pronunciation:
http://wordsmith.org/words/gambit.wav
http://wordsmith.org/words/gambit.ram


MESSAGE SENT ON BEHALF OF WES COLWELL:

You have been selected to participate on the VP Commercial Support PRC
Sub-Committee to cross calibrate and rate the Commercial Support Vice
Presidents.  This PRC will be held on July 20, 2001 in EB 49C1.  You will be
responsible for representing Vice Presidents in your functional area and/or
business unit.  The attached file details specifically, the employees we are
requesting that you represent.

Two weeks prior to the meeting, you will receive the following information to
facilitate your preparation.

1. Employee Profile
2. Consolidated Feedback
3. List of Accomplishments
4. Functional vs Business Unit Ranking Differences

You should discuss the performance of these Vice Presidents with their
manager and resolve any issues based on feedback received prior to attending
this meeting.  The results of this committee will be reviewed and approved by
the VP PRC Committee on July 23, 2001.

If you have any questions or concerns, please don't hesitate to contact me at
ext. 37249.

Wes Colwell


Attached is a summary of recent FERC activities (PDF file) and the weekly
Alliance Express. The following is a summary of the most recent FERC meeting,
followed by a listing of the most recent FERC filings.

In a brief meeting yesterday, FERC approved a Final Rule adopting Section 203
merger filing requirements, generally as proposed, and extended the existing
NYISO bid cap in its non-spinning reserves market and the related mandatory
bidding requirement until such time that the New York market can be
determined to be "workably competitive."  At the same time, FERC ordered a
technical conference to explore changes to the NYISO reserves market, and
urged market participants to reach a consensus on a preferred solution, next
steps, and deadlines for resolution/implementation.  Additional details are
provided below.

FERC Updates, Streamlines Merger Filing Process

FERC unanimously approved its proposed Order revising the reporting
requirements for mergers.  However, Comm. Hebert did so with reservations, as
discussed below.  Commission staff stated that the Order closely follows the
Notice of Proposed Rulemaking previously issued, but adds more detail and
more certainty to the industry.  Staff stated that the Order is improved over
the proposed rule because it includes exemptions from reporting for certain
entities and it more precisely defines geographical areas and products.

According to FERC, the draft Order:

-  revises the Commission's filing requirements to reflect existing merger
policy based on FERC's 1996 Merger Policy Guidelines;
-  provides more detail for the industry in developing competitive market
analyses.  The rule continues the existing screening process for mergers with
potential horizontal competitive concerns.  In addition, the rule establishes
informational requirements for vertical competitive analyses.
-  streamlines filing requirements for transactions that do not raise
competitive concerns; and
-  reduces the industry's regulatory burden by eliminating outdated filing
requirements.

The Rule will take effect 60 days after its publication in the Federal
Register.

Commissioner Reaction:

Comm. Hebert expressed reservations that, although he was voting for the
Rule, FERC should not be duplicating the Department of Justice (DOJ) and the
Federal Trade Commission (FTC) market concentration analyses and that FERC
should follow the lead of anti-trust enforcement officials, who could also
analyze mergers faster and more confidentially. He also stated that FERC
should review the filings after the DOJ or the FTC review them, not before,
and that there should be a definite time frame for review.  Hebert did
mention that he was pleased that RTOs and the disposition of transmission
assets would be exempt, that ancillary services would be considered as a
separate product and that the Final Rule opens the door for alternative
market analysis.

Comm. Breathitt supported the Final Rule, stating that it should expedite the
approval process and that the regulatory burden should be eased due to the
fact that older, irrelevant requirements have been dropped.  She indicated
that the Final Rule balanced the need for speedy decisions while protecting
the public interest by stating that the process will be "efficient yet
sufficient".  The Commissioner said that she was pleased the Final Rule
addressed technical issues such as computer modeling as well as retail
competition and one of her main concerns, confidentiality.

Comm. Massey fully supported the Final Rule, emphasizing that it would
improve response time, lessen the need to ask for more data and allow the
industry to better predict Commission actions.  Like Commissioner Breathitt,
Massey was pleased that the Order will allow market modeling analysis that
will better enable FERC to evaluate market concentration and allow applicants
to point to other factors when concentration appears too high.  Massey also
stated that the new Rule includes the ability to address many of FERC's
concerns, such as future mergers when they occur in succession, retail
competition, mitigation by the enlargement of markets through RTOs and
analysis of ancillary services.  In sum, he averred that the Order will
provide FERC with the tools it needs for accurate analysis, while taking into
consideration the rapid changes in the industry.

Chairman Hoecker also voiced his support and noted that he felt that this was
a very important Rule.  In response to Comm. Hebert, Chairman Hoecker said
that the DOJ and FTC actually wait for FERC's report before issuing their
own, that the anti-trust enforcement agencies rely on FERC's expertise when
reviewing mergers in the electric and gas industries.  There is a major
positive connection between industry consolidation and RTOs and that both are
reconfiguring the markets and effect how they work, he noted.  Because the
RTOs enlarge the size of the subject market, he indicated, RTOs will help to
preserve competition.  Therefore, more and larger RTOs should allow for more
mergers, he said.  The Chairman cautioned that this is not to imply that
joining an RTO is a requirement for a merger, but that it would certainly be
viewed favorably.

NYISO Bid Caps Extended Until Ancillary Service Market Shown to be Workably
Competitive

In a 3-1 decision, with Comm. Hebert dissenting, FERC extended the existing
NYISO bid cap in its non-spinning reserves market and the related mandatory
bidding requirement until such time as that market can be determined to be
"workably competitive."  At the same time, FERC ordered a technical
conference to explore changes to the NYISO reserves market, and urged market
participants to reach a consensus on a preferred solution, next steps, and
deadlines for resolution/implementation.

In so doing, FERC rejected certain aspects of NYISO's September 1 and 8, 2000
compliance filing, submitted pursuant to its May 31, 2000 order imposing a
temporary bid cap through October 31.  The ISO's efforts to correct market
flaws identified in the order and further strengthen market performance had
not yet satisfied the Commission's directives, FERC concluded.  FERC found
that while NYISO has achieved solid progress in certain areas, overall the
ISO has not shown sufficient improvement to warrant raising and then
gradually lifting the temporary bid cap in the ISO's non-spinning reserve
market by April 2001, as the ISO requested.

Commissioner Reaction:

Comms. Hoecker, Massey and Breathitt all endorsed the order as an "imperfect
solution," yet a pragmatic approach toward resolving the flaws plaguing the
ISO's market.  Comm. Hebert faulted the Commission for squandering an
opportunity to incentivize additional supply by lifting the price controls.
Hoecker and Breathitt joined Hebert in expressing disappointment in the lack
of the ISO's progress, but contended that significant outstanding issues must
be resolved before the bid cap can be lifted.

In other action, FERC accepted NYISO's and NEPOOL's proposed Emergency Energy
Transaction Agreement, allowing NYISO and ISO-NE to provide emergency service
to each other (ER00-3638-000);

Stricken items included CAE-16 (NEPOOL's 64th Agreement Amendment proposing
the elimination of In Service and instituting new rules governing certain
import transactions (ER00-3577-000)).

                               == RECENT FERC FILINGS ==

(1) RTO DEVELOPMENTS

*  ISO NE submitted its changes to Market Rule 17, Market Monitoring,
Reporting and Market Power Mitigation, in compliance with the Commission's
July 26, 2000 Order.  ER01-368-000.  Filed November 1, 2000.

*  ISO NE submitted its Special Interim Market Rule in compliance with the
Commission's July 26, 2000 Order.  ER00-369-000.  Filed November 1, 2000.

*  ILLINOIS INDUSTRIAL ENERGY CONSUMERS filed to intervene regarding DYNEGY's
filing to request approval for the withdrawal of the ILLINOIS POWER CO. from
the MISO.  ER01-123-000.  Filed November 6, 2000.

*  EL SEGUNDO POWER filed a motion "requesting order on request for rehearing
by date certain" in complaint that challenges the CA ISO's ability to set the
rates for the energy that it can compel generators to produce for reliability
under its standard form contract.    ER00-1830-001.  Filed November 3, 2000.

*  CA ISO filed an unbundled grid management charge in order to recover its
administrative and operating costs.  ER01-313-000.  Comments due by November
22, 2000.

*  NEPOOL submitted supplemental information related to its filing of the
Sixty-Fourth Agreement amending the NEPOOL Agreement, which proposed the
elimination of In Service.  ER00-3577-000.  Comments due by November 14, 2000.

(2) OATT/TRANSMISSION

*  DUKE ENERGY filed an amendment to its Catawba interconnection agreement
with NORTH CAROLINA ELECTRIC MEMBERSHIP COOP.  ER01-282-000.  Comments due by
November 21, 2000.

*  DUKE ENERGY filed an amendment to its Catawba interconnection agreement
with the SALUDA RIVER ELECTRIC COOP.  ER01-281-000.  Comments due by November
21, 2000.

*  DUKE ENERGY filed an amendment to its Catawba interconnection agreement
with NORTH CAROLINA MUNICIPAL POWER AGENCY No. 1.  ER01-280-000.  Comments
due by November 21, 2000.

*  ALLIANT ENERGY, on behalf of IES UTILITIES, INTERSTATE POWER and WISCONSIN
POWER AND LIGHT, filed new rates under its OATT to reflect the transfer of
certain transmission facilities to AMERICAN TRANSMISSION CO.  ER01-312-000.
Comments due by November 22, 2000.

*  WOLVERINE POWER SUPPLY COOP. filed to change its Rate Schedule FERC No. 4,
Wholesale Service to Member Distribution Coops, to make the debt
restructuring charge applicable to all energy delivered to its member coops,
to add standby service rates and to remove references to entities that no
longer exist.  ER01-285-000.  Comments due by November 21, 2000.

*  WOLVERINE POWER SUPPLY COOP. filed an amendment to its OATT to accommodate
Michigan retail choice and to add delivery scheduling and balancing service
as a new service for generators interconnected to its transmission system.
ER01-286-000.  Comments due by November 21, 2000.

*  POTOMAC ELECTRIC POWER filed a revised Attachment H-9 to the PJM OATT
reducing the Other Supporting Facilities Charge for lower voltage deliveries
in the PEPCO zone of PJM to SOUTHERN MARYLAND ELECTRIC COOP.  ER01-336-000.
Comments due by November 22, 2000.

*  WOLF HILLS ENERGY filed a motion to intervene out of time to support the
Interconnection and Operation agreement between itself and AMERICAN ELECTRIC
POWER SERVICE CORP. and to deny the protest of TVA.  ER00-3688-000.  Filed
November 6, 2000.

(3) COMPLAINTS

*  AEP and SOUTHWEST POWER POOL each filed an answer to ENRON's motion for
summary disposition regarding ENRON's complaint, in response to AEP's updated
market analysis, that AEP SERVICE CORP. administered the AEP OASIS and tariff
in a manner favoring AEP's merchant function.  ER96-2495-015, et. al.  Filed
November 6, 2000.

*  POTOMAC ELECTRIC POWER (PEPCO) and the SOUTHERN PARTIES filed a motion to
answer the protest of SOUTHERN MARYLAND ELECTRIC COOP and PANDA-BRANDYWINE
regarding PEPCO's divestiture of generation assets pursuant to restructuring
initiatives in Maryland and the District of Columbia.  EC00-141-000 and
ER00-3727-000.  Filed November 6, 2000.

*  DUNKIRK POWER, HUNTLEY POWER and OSWEGO POWER filed a motion to answer
protests filed by numerous entities regarding FERC's jurisdiction over
station power.  EL00-113-000.  Filed November 6, 2000.

*  ALLEGHENY ENERGY SUPPLY and PPL MONTOUR filed an answer to protests
regarding their purchase of certain jurisdictional facilities.  ER00-3727-000
and EC00-141-000.  Filed November 6, 2000.

(4) MERGERS/CORPORATE RESTRUCTURING

(5) MISCELLANEOUS

                                       ==OTHER NEWS==
*S&P Revises MISO Outlook to Negative
http://biz.yahoo.com/bw/001107/ny_s_p_15.html
 - allianceexpress110700.doc
 - FF110300.pdf


the law student was the replacement b/c the real one was such a fuck up.
sorry i didn't call you guys back last  night.  i didn't get home until 8 and
the sopranos was on.


The way I understand the suggestion, we will always be able to change a slate
if we need to.  This puts more of the responsibility on us to keep the names
updated if any changes need to be made.  I guess I have no problem with that
as long as we can develop a systematic way of handling this and then be
disciplined about following that system.  Bill--I suspect you will end up
being our "system" so are you up to it?

From: William E Brown/ENRON@enronXgate on 02/22/2001 02:41 PM
To: Frazier King/FGT/Enron@ENRON, Dorothy McCoppin/FGT/Enron@ENRON, Louis
Soldano/ENRON@enronXgate, Susan Scott/ENRON@enronXgate, Drew
Fossum/ET&S/Enron@ENRON
cc: Michael P Moran/ENRON@enronXgate

Subject: FW: Revisiting Annual Elections for Domestic Entities

Review the message below from the Corp., Sec., office, and let me know if you
have any disagreement over their intention to alter the annual election
process.  (I for one do not see any problem with this, since we make changes
on a regular basis.)

Bill
 -----Original Message-----
From:  Kate Cole
Sent: Wednesday, February 14, 2001 9:05 PM
To: John Ale; AL ALEXANDERSON; Charles Cheek; James Derrick; Mark Evans; Mark
E Haedicke; Elizabeth Labanowski; Bruce Lundstrom; Marc Manly; Jordan Mintz;
Michael Moran; Kristina Mordaunt; Eric Newell; Janet Place; Daniel R Rogers;
Rex Rogers; Molly Sample; John Schwartzenburg; Vicki Sharp; Stephen Wallace;
Rob Walls; Randy Young; Denise Almoina; Martha Braddy; William E Brown; Sarah
Bruck; Cindy Buckley; Kathleen Carnahan; Kim Collins; Julie Delahay; Rosy
Duron; Carol Essig; Nony Flores; Brenda L Funk; Lauren Hagerty; Barbara
Hankins; Ed B Hearn III; Mary J Heinitz; Robin Hill; Gina Karathanos; Sue
Kelly; Deb Korkmas; Karen Lewis; LEE MARTIN; Matt Maxwell; Darlene McKeever;
Wyndel McNamara; Stephanie Moorehead; Nancy Muchmore; Mary Ogden; Larry
Pardue; Claudia Santos; Tami Scrudder; Norma Tidrow
Cc: Hardie Davis; Rebecca Carter; Lillian Bailey; Teresa Callahan; Irene
Garcia; Geneva Holland; LaShonda LaDay; Peggy Miller; Lori Pinder; Renee
Rodriguez; Tanya Sanford
Subject: Revisiting Annual Elections for Domestic Entities

With the goals of (i) getting the corporate database as up to date as
possible; and (ii) increasing the efficiency of the Corporate Services
department, I would like to suggest the following changes:

Given the constant restructuring of Enron there are usually several major
projects in the works to change the slates of directors and/or officers.  As
we are handling approximately 2,500 active legal entities, it takes a great
deal of time to sort out the details, handle the data entry,  prepare the
election consents for your review and signature line initials, and circulate
for signature..   However, if we take domestic annual elections out of the
equation we can solve one problem area relatively easily.

As you are aware the domestic annual election project is a very large
undertaking both for the Corporate Services group, and for the various legal
groups.  Historically, it's been a time for the operating groups to review
the slates of directors, officers, and attorneys-in-fact, make changes,
review again, make more changes, until the final unanimous written consent
resolutions are produced, initialled, and signed by the directors or
stockholder(s) - a frustrating process that has frequently taken many months
to complete.  I'd like to recommend to you that we reduce the annual
elections to a more "administrative" function, i.e. the annual election of
directors only (as required by state law).  I'm suggesting that we re-elect
the existing  directors as of a specified date (within 13 months of the
previous annual election to conform to state law), the consents are prepared,
sent for your review and initials, signed by shareholder(s), and placed in
the minute books, and the project is over!  All other changes to the director
and officer slates, and attorney-in-fact appointments are submitted by you to
us in the normal course of business throughout the year.   We'll send you
annually the familiar slates of directors, officers, and attorneys-in-fact
for your review, but the pressure on you and on us to respond to a specific
election date is removed.  You  review the slates, discuss them within your
operating groups, and choose your own date for resignations and elections,
entirely separate from the annual election of directors function.

I look forward to discussing this with you and/or your staff, and I'm open to
any comments and suggestions that you might have.  What worked well
historically has become a nightmare for all concerned and it's time to open
the box and re-examine the contents now, before we start all over again in
June 2001!

If I don't hear from you I'll assume that you agree with this suggested new
format and you won't hear from us on this subject until June 2001.

Best regards
Kate

Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com


P.S.  Please let Marathon know that the information they're providing is both
greatly appreciated and highly valued and we hope that they can continue to
poke around and fill us in on what they hear.  Great having multiple data
points.

Best,
Jeff

	Karen Denne
	01/23/2001 08:51 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: Edison's Filing in District Court in L.A.

Jeff -- If the lawyers can't, I'm sure we can ask Marathon to get the
filing.  Let me know.  kd


Eric seems to think he is in charge of this little outing. But, he is
mistaken because I am the gatekeeper of the tickets. If you have any
questions regarding the Wings Over Houston Airshow this Sunday, please
direct them to me. Thanks for your cooperation.

   This just in from Ellington Field to me.

                                    Please Note!

          Due to heightened security at all airports across the United
          States, the following rules have been issued by the FAA and
          local officials concerning attendance at our airshow:
               Because of heightened security all backpacks, coolers and
               tote bags must be left in the car and will not be allowed
               on the field.

          These rules will be enforced by officials at the gates and on
          the grounds. Your cooperation and understanding is appreciated.

                    "Gillaspie, Eric"
                    <EGillaspie@coral-e        To:     "Gerald Nemec (E-mail)"
                    nergy.com>                 <gerald.nemec@enron.com>, "Jeff Gillaspie
                                               (E-mail)" <Jgillaspieci3@netzero.net>,
                    10/18/01 03:35 PM          "Jennifer Gillaspie (E-mail)"
                                               <jennifer-gillaspie@reliantenergy.com>, "Ryan
                                               Ruppert (E-mail)" <ryan.ruppert@exxonmobil.com>
                                               cc:     "Rodger Gilllaspie (E-mail)"
                                               <Rodger.Gillaspie@ia.ngb.army.mil>
                                               Subject:     Air Show

Performance Schedule

Gates Open
Saturday        8:00 a.m.-6:00 p.m.
Sunday          8:00 a.m.-5:00 p.m.
Warbird Static Display Viewing Times

Saturday        8:00 a.m.-1:30 p.m. 4:15 p.m.-6:00 p.m.
Sunday          8:00 a.m.-1:30 p.m. 4:15 p.m.-5:00 p.m.

No admittance to airshow after 3:00 p.m.

Participating aircraft and flying schedules are subject to change without
notice.

Flying starts at approximately 10:00a.m. each day.

Approximate Order of Performance - Subject to Change!  Radio-controlled
Model Aircraft  147th Fighter Sqdn, Tx ANG F-16 formation flying  OK ANG
F-16 formation flying  Red Baron Pizza Stearman bi-plane solo  AH-64 Apache
helicopter demo  King Krunch monster truck teaser  Paul Fiala 1930's
Barnstormer  F-18F Super Hornet demo  Mary Dilda T-6 "Ballet in the Sky"
Cattin' Around, F-14 Tomcat demo  C-17 Globemaster demo  RE/MAX Skydivers
Flag Jump & National Anthem  F-117 Stealth demo  AeroShell Demo Team  F-16
Viper demo  Heritage Flight with P-47, F-86 and F-16  "Snort" Snodgrass
F-86
Sabre Jet demo  Krunch Time with King Krunch monster truck  Tucker's Turn,
Sean D. Tucker Aerobatics  American Airpower Heritage demo - WWII flight
Airpower Armada - 100 WWII aircraft  F-16 / B-52 Tactical Assault demo
Missing Man formation

Kick the tires and light the fires......

Eric Gillaspie
Counsel
Shell Trading Gas and Power Company
909 Fannin, Suite 700
Houston, Texas 77010
Tel. 713-230-3576
Fax 713-265-3576
2HC 1036


Dear Tracy,

Internet Deals from Houston...book by August 14, 2001 and SAVE!

A World of Choices Awaits You!

Julie
Your Internet Travel Guru

P.S. Have your travel preferences changed? Update your travel
profile now by clicking here!(Please be sure to include your
OnePass Number)

http://lists.coolvacations.com/UM/T.ASP?A7.11.169.5.22984

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I'm headed to become a "safe driver."

Robin


Please set up this meeting.  Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 08/16/2000 04:15 PM -----

	Ruth Ainslie <RAinslie@isda.org>
	08/14/2000 05:31 PM

		 To: Mark Haedicke <Mark.E.Haedicke@enron.com>
		 cc: Richard Grove <RGROVE@isda.org>, Mary Cunningham <MCUNNINGHAM@isda.org>
		 Subject: RE: Information request

Mark - Could we arrange a telephone call with you, Mary and me this week to
discuss the North America Energy Derivatives Committee and a proposed agenda
for the near term - including the conference in Houston that you've been
discussing with Mary?  There has been no meeting for some time as you know.
Regards, Ruth

-----Original Message-----
From: Mary Cunningham
Sent: Monday, August 14, 2000 3:23 PM
To: Mark Haedicke
Cc: Richard Grove; Rosemary Ryan; Liz O'Sullivan; Ruth Ainslie; Robert
Pickel
Subject: RE: Information request

Mark:

Thanks a lot for the lists.  If it's ok with you I will get back to you on
getting some contact names.

We are looking into hotels in Houston for the Energy conference in February
or March, 2001.  Is there any certain time in those months that wouldn't
work for you?  Houston is becoming a very difficult place to find hotel
availability.  The thinking was to hold an Energy conference in the U.S. in
the first half and in the U.K. sometime in the second half of the year.  It
has been mentioned that we should hold the Europe Energy conference in
Amsterdam.  My thinking is that we should first hold it in London.  What do
you think?

Regards,
Mary

-----Original Message-----
From: Mark E Haedicke [mailto:Mark.E.Haedicke@enron.com]
Sent: Monday, August 14, 2000 2:55 PM
To: mcunningham@isda.org; rgrove@isda.org
Subject: Information request

Mary:

I asked for a list of major energy trading parties.  It seems to me that we
should try again to get those on the list that are not already members to
join
ISDA.  Let me know if I can help.

Regards,

Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 08/14/2000 01:50 PM -----
|--------+----------------------->
|        |          Jeffrey T    |
|        |          Hodge        |
|        |                       |
|        |          08/14/2000   |
|        |          01:18 PM     |
|        |                       |
|--------+----------------------->

>---------------------------------------------------------------------------
-|
  |
|
  |       To:     Janette Elbertson/HOU/ECT@ECT
|
  |       cc:     Mark E Haedicke/HOU/ECT@ECT
|
  |       Subject:     Information request
|

>---------------------------------------------------------------------------
-|

Janette:

I meant to copy you on this, but sent it before thinking.

Jeff
----- Forwarded by Jeffrey T Hodge/HOU/ECT on 08/14/2000 01:17 PM -----
|--------+----------------------->
|        |          Jeffrey T    |
|        |          Hodge        |
|        |                       |
|        |          08/14/2000   |
|        |          01:16 PM     |
|        |                       |
|--------+----------------------->

>---------------------------------------------------------------------------
-|
  |
|
  |       To:     Mark E Haedicke/HOU/ECT
|
  |       cc:
|
  |       Subject:     Information request
|

>---------------------------------------------------------------------------
-|

Mark:

Last week you requested that I give you a list of about 10 counterparties
that
you would forward on to ISDA.  Please note that the listed counterparties
came
from information given to me by the documentation group.  In any event, the
list
is as follows:

          1.  AEP
          2.  Aquila
          3.  Coral
          4.  Duke Energy Trading
          5.  El Paso Merchant Energy
          6.  Koch
          7.  PG&E Energy Trading
          8.  Reliant
          9.  Southern Company Energy Marketing
          10. Williams Energy

I hope this is of some help.

Jeff


Pablo,

Have we made any progress on finding out why the Northwest website is not
accessible before 7 am?  For your reference the error message is below.

The address is http://www.1line.williams.com/webbi/ebb/main.

Error 500--Internal Server Error
From RFC 2068 Hypertext Transfer Protocol -- HTTP/1.1:
10.5.1 500 Internal Server Error
The server encountered an unexpected condition which prevented it from
fulfilling the request.

Thanks.

Mat


sure, how about thursday at 3:30?   would like to get update on ENE's lng
projects as well.

Jonathan Whitehead @ ENRON   04/24/2001 07:28 AM

To: John Arnold/HOU/ECT@ECT
cc:
Subject: LNG

John, I have just arrived in Houston, and will be running the LNG Trading &
Shipping business. I worked for Louise for many years, and took over the
European Gas business from her when she came over here a few years ago. I'd
like to meet you and discuss a few issues. Do you have any time over the next
few days?

Thanks,
Jonathan


---------------------- Forwarded by Chris Germany/HOU/ECT on 06/27/2000 09:28
AM ---------------------------

Chris Germany
05/25/2000 04:19 PM
To: John M Singer/Corp/Enron@ENRON, David Oliver/HOU/ECT@ECT, Robert
Allwein/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Cyndie
Balfour-Flanagan/Corp/Enron@ENRON, Elizabeth L Hernandez/HOU/ECT@ECT, Molly
Johnson/HOU/ECT@ECT, Wade R Price/HOU/ECT@ECT
cc: Joan Veselack/Corp/Enron@ENRON, Joann Collins/Corp/Enron@ENRON
Subject: Local Production for June

John, I took the volumes on deal 226556 to 0 for the term of the deal
starting June 1.  This is the purchase from Belden & Blake behind NYSEG.

I changed the volume on deal 226563 from 1 dth/day to 1500 dth/day.  This is
the purchase from StatOil at CPA.  The price on this deal is NX1 + .434 and
the price on John's worksheet is NX1 + .54 (per MCF).  John, is this price
adjusted for dth??

I created deal 280185, purchase from StatOil, volume of 333 day, the price is
NX1+ $.56 PER MCF.  This is a purchase of local production behind the
citygate.  David, this deal probably needs to be hedged in Sitara.
Cindy - deal 226563 is a purchase from CES - Statoil Energy.  I set up deal
280185 with the same counterparty.  This deal should have been in the system
effective 1/1/2000.  According to Elizabeth, we should not use the CES -
StatOil Energy.  It doesn't matter to me how its set up, however, this deal
should have been in the system from Jan and it is the same type of deal as
deal 226563.

I changed the volume on deal 226747 from 1 dth to 1100 dth/day.  This is a
purchase from Questar and it is also local production behind CPA.
John, there are 3 deals for Questar, the other 2 deals have volumes of 0
right now.  Can you tell me how the volume should be split out for pricing
purposes?

Molly, I created deal 280132, FOM priced sale to CES.  This deal will be
matched with the CPA local production deals.

Let me know if anyone has any questions.

Thanks
cg 3-4743

---------------------- Forwarded by Chris Germany/HOU/ECT on 05/25/2000 02:41
PM ---------------------------

Chris Germany
05/24/2000 05:26 PM
To: hboyd@columbiaenergygroup.com, Angie Zeman/Corp/Enron@ENRON, Joan
Veselack/Corp/Enron@ENRON, Joann Collins/Corp/Enron@ENRON, Robert
Allwein/HOU/ECT@ECT, Cynthia Franklin/Corp/Enron@ENRON, Meredith
Mitchell/HOU/ECT@ECT, Molly Johnson/HOU/ECT@ECT
cc: Scott Goodell/Corp/Enron@ENRON, John M Singer/Corp/Enron@ENRON, Dick
Jenkins/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT,
dkinney@columbiaenergygroup.com, cdalpho@columbiaenergygroup.com,
jporte1@columbiaenergygroup.com, Wade R Price/HOU/ECT@ECT (bcc: Chris
Germany/HOU/ECT)
Subject: Local Production for June

Please send this email to anyone that may need to see it.  I'm sure I left
someone out.

This is citygate gas ENA will sell to CES for June.  This will reduce the
numbers on the sheet Doug sent us yesterday.

East Ohio Gas on CNG
10,000 dth/ month from Power Gas Marketing

CPA on TCO
500 dth/day from Power Gas Marketing
1,833 dth/day from StatOil
1,100 dth/day from Questa - Note:  this is an estimated volume.  We should
know the actual volume in the next day or so.

Note:  CES is not taking any Carnagie gas at CPA.

National Fuel
250 dth/day from Belden & Blake.  The deal expires 6/30/2000.

Equitrans
All of the Equitrans is production or pool gas on the pipeline.  ENA
nominates this gas.  CES still has a citygate load of 1,280 dth/day for June
on Equitrans so the production gas will be delivered to CES.

CES will not be receiving any local production behind Peoples or NYSEG.


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 04/18/2001
08:10 AM ---------------------------
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: approved trader list

Enron Wholesale Services (EES Gas Desk)

Approved Trader List:

Name    Title    Region  Basis Only

Black, Don   Vice President   Any Desk

Hewitt, Jess   Director    All Desks
Vanderhorst, Barry  Director    East, West
Shireman, Kris   Director    West
Des Champs, Joe  Director    Central
Reynolds, Roger   Director    West

Migliano, Andy    Manager   Central
Wiltfong, Jim   Manager   All Desks

Barker, Jim   Sr, Specialist   East
Fleming, Matt   Sr. Specialist   East - basis only
Tate, Paul   Sr. Specialist   East - basis only
Driscoll, Marde   Sr. Specialist   East - basis only
Arnold, Laura   Sr. Specialist   Central - basis only
Blaine, Jay   Sr. Specialist   East - basis only
Guerra, Jesus   Sr. Specialist   Central - basis only
Bangle, Christina  Sr. Specialist   East - basis only
Smith, Rhonda   Sr. Specialist   East - basis only
Boettcher, Amanda  Sr. Specialist   Central - basis only
Pendegraft, Sherry  Sr. Specialist   East - basis only
Ruby Robinson   Specialist   West - basis only
Diza, Alain   Specialist   East - basis only

Monday, April 16, 2001
Jess P. Hewitt
Revised
Approved Trader List.doc