Jim, do you have the call-in info on this?  I should probably catch up with what is going on.

-----Original Message-----
From: Mara, Susan
Sent: Fri 9/7/2001 1:01 AM
To: 'mday@gmssr.com'; 'jklauber@llg.com'; Mara, Susan; Sharp, Vicki; Sanders, Richard B.; Williams, Robert C.; Kean, Steven J.; Shapiro, Richard; Dasovich, Jeff; Steffes, James D.
Cc:
Subject: FW: Direct Access Petition

For our call set for 3 pm CDT
-----Original Message-----
From: Ed Duncan [mailto:EDuncan2@ArterHadden.com]
Sent: Thursday, September 06, 2001 7:03 PM
To: smara@enron.com
Cc: douglass@energyattorney.com
Subject: Direct Access Petition

Attached please find the draft Petition for Writ of Review before the California Supreme Court.  We are currently working on the Memorandum of Points and Authorities and anticipate sending a draft sometime tomorrow morning.  The Petition is based on the assumption that the Commission will adopt an order with retroactive application.  If the Commissions issues an Order consistent with the draft Interim Decision published today, then retroactivity will not be an issue and there wll be no need to seek judicial relief (at least on that ground).

Enron Energy Services, Inc., is named as the Petitioner.  I am uncertain, however, whether this is the correct name or entity.

The Petition must be filed in the Supreme Court because the Legislature conferred exclusive and original jurisdiction on it when Public Utilities Code section 1768 was enacted.  The Petition does not  address the timeliness of the request for Supreme Court review.  Generally, all administrative remedies must be exhausted before a Petition is timely and Section 1768 appears to require that an application for rehearing be denied before a Petition can be filed.  Since there will undoubtedly be an argument that the Petition is premature because there has been no application for a rehearing, the Points and Authorities (and probably the Petition) will discuss the timeliness of the Petition.  The exceptions to the exhaustion doctrine should control making the Petition timely.

Dan Douglass and I will be available for your 1 p.m. conference call.  If you need to reach me at any time my office number is (818) 596-2291, my cell number is (805) 796-2198, and my Email address is eduncan2@arterhadden.com <mailto:eduncan2@arterhadden.com>.  EWD


Any GCP adjustments will be highlighted in dark red.

Best Rgds.

Samuel Schott
(713) 853-9890 (GCP Team)
(Enron Net Works _ Global Data Management)

From: Walter Guidroz/ENRON@enronXgate on 04/10/2001 05:20 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ECT, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications, Stephanie Panus/NA/Enron@Enron, Teresa
Mandola/Corp/Enron@Enron, Bill Kyle/NA/Enron@Enron
cc:
Subject: EOL approvals, 04-10-01

Please see attached; thanks.


Kim,

Please disregard previous draft for C of Glendale,  this is a corrected draft.

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

----- Forwarded by Debra Perlingiere/HOU/ECT on 03/29/2001 04:42 PM -----

	Dan J Hyvl
	03/29/2001 08:14 AM

		 To: Debra Perlingiere/HOU/ECT@ECT
		 cc:
		 Subject: City of Glendale

Debra,
 I had a type in the definition of Material Adverse Change.  Please resend if
necessary.


Start Date: 10/18/01; HourAhead hour: 10;  No ancillary schedules awarded.  Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001101810.txt

Error retrieving HourAhead price data - process continuing...
---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 10 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/18/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_SRP
  ENGY_TYPE: FIRM


Kate,
Verballing two Badeer trades from 1/30/01
Deal 508957.01 Enron Sells to Mirant, Index Forward  we show offset of -1.5,
Mirant shows -1

and

Deal 508958.01 Enron Buys Mirant, Index forward,  we show offset of -1.5,
Mirant shows -1

Thanks for looking into
Stephanie


print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
02:27 PM ---------------------------

Rick Bergsieker@ENRON_DEVELOPMENT
09/23/2000 08:34 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re:

Bobby retires this month, but will continue as a consultant to Enron India.
His stated intention is to shadow Clay and his team to help arrange LNG
supplies for Metgas.  We do not need this and it adds a layer of confusion
whenever he is in attendance in negotiations, but to date neither Wade nor
Sanjay has been willing or able to control this.  The India group tends to
blame their failure to market Metgas supplies on the LNG team's "failure" to
get better terms, and they insist that Bobby or others attend the meetings to
ensure that we are doing a good job.

We believe that we have obtained LNG for Metgas on favorable terms,
particularly in light of the fact that we have convinced Malaysia and Abu
Dhabi to accept the credit risk of Metgas customers, i.e., with no Ennron
support in the middle and no Indian government support behind the buyers).
They believe that our supplies are priced 50 cents above the "market", which
they perceive to be Qatari supplies to Petronet ( a proposed
government-backed LNG import project in Western India that is a long way from
being real).

We believe that we know the pricing terms for the proposed Petronet deal and
that the price is not as low as rumored.  We also believe that the Metgas
customers are willing to pay the price that we have negotiated and that the
Metgas pipeline economics are sound (although the India group has been
unwilling to share their economics with us) and that, once the LNG contracts
are in place, we can reduce the LNG price significantly via a backhaul from
Malaysia using ADGAS/TEPCO ships.   We can further reduce the price if we can
get access to the spare capacity on the ship dedicated to DPC and use it to
move incremental cargoes from Abu Dhabi to Metgas.

Bobby and his team want us to reopen the price in the Mayasia term sheet.  We
do not intend to do this.  Malaysia has told us that they will walk the deal
if we insist on a lower price.  Malaysia recently sold additional volumes to
Japan for a price about 20 cents higher than the price to Metgas and they
believe they can also sell our volumes at a higher price to more creditworthy
buyers in the far east.

The Malaysia COI includes a cp that Metgas will finalize contracts with its
end buyers by Sep 1999.  We have repeatedly  gotten Malaysia to extend this
target date, which is now end October 2000, but Malaysia is getting impatient
with India and I am not sure how much longer we can hold this together
without some more firm evidence from India that the markets are real

I will be in India on Oct 4/5 to meet with Sanjay and Wade to discuss this.
We will also try to finalize the terms for us to provide LNG  fuel management
and shipping services to both DPC and Metgas, and will seek clarification
from Wade/Sanjay as to how they intend to sell down DPC/Metgas without losing
control of the LNG terminal.  Clay, V V RAo and Wayne Perry will be with me.

Working with India is never easy

Rick

	From:  Jeffrey A Shankman @ ECT                           09/22/2000 04:44 PM

To: Rick Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject:

I'm hearing a little noise about Bobby Ferris in Sanjay's group.  Did he
retire or not?  Bobby's job is not going to one soley in which he directs the
LNG team to source product for metgas.  What's the story?

Jeff


I saw that Michael Young was included in the email regarding the 100
conference call, so I thought he was planning on phoning in then as well.
When will he be calling in?

Kay

Ben F Jacoby@ECT
03/23/2001 11:46 AM
Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: NW conference call

At 1 PM CST.

Kay Mann@ENRON
03/23/2001 11:34 AM
To: Ben Jacoby/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron, Jeffrey T
Hodge/HOU/ECT@ECT, jkeffer@kslaw.com
cc:
Subject: NW conference call

Will there be a "pre-call" for the Enron team?

Kay


Lyn:

Please order for me one Palm pilot Vx  including docking cradle (that's the
Palm V with 8MB of ram).
Company Number is: 0011
RC is: 100038

Thanks,
Grant Masson
V.P. Research
EB 1966
x34768


WE ARE HAVING A MEETING WITH FRED AND MICHELLE/ DEREK TODAY..
WILL LET YOU KNOW IF I NEED HELP
THANKS FOR YOUR SUPPORT

-----Original Message-----
From: Arnold, John
Sent: Monday, October 08, 2001 7:49 PM
To: Abramo, Caroline
Subject: RE: Back office issues

If these problems are not being addressed as they should be, call me and I'll get on it.  This is unacceptable.

-----Original Message-----
From: Abramo, Caroline
Sent: Sunday, October 07, 2001 11:22 PM
To: Lagrasta, Fred
Cc: Dyk, Russell; Zivic, Robyn
Subject: Back office issues

Fred-

There are a number of issues we need to address with back office procedures immediately.  We are losing money on avoidable problems and gaining a bad reputation in the market.  Lets get Derek and Michelle together Tuesday afternoon.

2 of our counterparties are writing letters of complaint.. here's a sample of some of the quotes we have heard from the 10 counterparties we have added in the last 6 months.

"I shouldn't have to spend my time decomposing the invoices and confirmations you send out"
"It has been 10 days since we traded and we haven't received a shred of paper to give us the details of the trade"
"We are being told in a confirm something different than we are being invoiced for"
"We did not trade 300 contracts per day, it was per month - do you guys even think before you type"
"I am a CFO and an accountant and I can't decipher what you are trying to confirm here"

From a business dinner where a client of ours was speaking casually to large industrials and endusers. One, upon the mentioning of B2B exchanges said "they WILL NOT ever trade on EOL again because the backoffice procedure was such a nightmare.. they couldn't rely on the accuracy or timeliness of the confirm.  This was a captive client who and needs to trade... who will not show us their flow again.

The latest is the most disturbing:

"we just want to do a small trade to test your system. We have heard it is a nightmare but want to see for ourselves - I mean how difficult can it be to book the purchase of 50 lots of crude" And still 5 days later they do not have one paper to show the details, not one phone call to confirm the trade...nothing.  We even warned the BO that this was a new customer and to make best eforts to make sure the process runs smoothly and efficiently. Well, clearly we failed

We do not understand what is going on in the back office.  Is it that they are too disconnected from our daily operations to understand how integral their accurracy is to our business?  Is there too much turnover? How are they trained?  Who is in charge of the "backoffice"?  There seems to be a different manager for every step of the process.. who co-ordinates all their efforts?  Does anyone care?  Ok.. I'll stop.. For our part, we have Michelle coming up to NY for a week in December (we wanted this to happen as soon as she started but did not work for her).

We have to stop this before we lose clients (which we will).

All the problems are being caused by the following:

1. Our inability to generate an accurate position report for our clients.  This has already cost us money this year. Our clients do 10 trades a day.. they are constantly in and out of positions.. it is imperative that we get these right.  As well, this report is our ONLY check to make sure deals are entered and entered correctly into the system.

There are hundreds of books at Enron.  We have postions on with dozens of them.  We currenttly do not have an automated mechanism to pull deals from every book in one shot.  We have to select books one by one.. this method will always result in books being ommmitted given our deal flow.

Michelle is in charge of this process.  We need a IT person on this yesterday.  Michelle is spending most of her day verifying the validity of the report she generates.  Robyn, Russell, and I check it everyday.. there are always mistakes.

2. There is a breakdown in the backoffice functions after Michelle collects the tickets we write and verbally confirms them.  There is no check after they have been imput.  There are ALWAYS imput errors.  Michelle needs to check every deal after its entered into the system going forward.

We also have NO set procedures for the bookings of deals.  We have no idea where our job ends and the book admin's starts.. for non standard deals like gas dailies and swaptions we need to know the exact process from start to finish.

2a. Confirms are sent immediately after deals are entered.. what if deals are imput incorrectly? the confirm goes out anyway resulting in mass confusion at the client.  Going forward, confirms need to be delayed until we can confirm that everything about the deal is correct.

2b. Invoicing.. there have been dozens of occassions where the amounts we are invoicing do not match the deals done..

3. EOL- We are pushing hard to get counterparties on here.. we have signed Renaissance up (a 10B program fund) but I shudder to see how EOL will fair at these tasks.

4. Credit- All of our clients are margined.  If deals are in the system incorrectly, the wrong MTM goes to the client.. another mis-match.  We work closely with credit since we need to collect initial margin from some clients.. this amount changes daily- we need someone who can get on the phone with clients and explain these numbers through.. again, we are doing this now.


Sounds like we are still in the hunt.
-----Original Message-----
From: Smalley, Dave [mailto:SmalleyD@prpa.org]
Sent: Tuesday, November 06, 2001 12:04 PM
To: Whitt, Mark
Subject: RE: Gas Supply Proposal

We met with one other entity last week and have one more meeting this
week...once we receive proposals from all the entities we have met with, we
are planning to review with our management group and make a decision  -- we
hope to have this completed over the next few weeks.

David Smalley
Platte River Power Authority
Phone:  970.229.5256
Fax: 	 970.229.5223

 -----Original Message-----
From: 	Whitt, Mark [mailto:Mark.Whitt@ENRON.com]
Sent:	Tuesday, November 06, 2001 11:35 AM
To:	Smalley, Dave
Subject:	Gas Supply Proposal

How is it going?  I was just checking in to see where you stood on the
selection of your gas supplies.

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


Hickerson always claims that they have var by trader.


We are borrowing 110,000 dth (deal 322012) on Transco on the 30th and paying
the gas back on July 1st (deal 322007).  We are paying Trco a one time fee of
$.0386 (see below)

Volume   Fee
0 to 50,000  $.015
50,001 to 100,000 $.05
100,001 to 110,000 $.10


Please invite the swap, confirmation, settlements groups.  The topic will be
"an overview of the swap documentation process" and there are lots of new
faces in all  Please ask participants to submit any issues they would like
addressed, including specific confirmation or settlement issues.


Daily Blessings
Seven Ups
http://www.daily-blessings.com/bless107.htm

Hundred's of you have taken advantage of the free download available for the
Work From Home folks.  If you haven't checked it out yet...you should!!

http://www.daily-blessings.com/cjworkfromhome.htm

want more coupons the next time you go shopping?  check out this link
http://www.daily-blessings.com/orcoolsavings.htm

want to know who's calling when you're online?
http://www.daily-blessings.com/callwave.htm

<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://inbound.postmastergeneral.com/remove?dailyblessings:10
* Enter your email address (judy.hernandez@enron.com) in the field
provided and click "Unsubscribe". The mailing list ID is "dailyblessings:10".

OR...

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Vasant,

I have approved Iris' request for SPSS (reluctantly).
It makes sense for her to use SPSS when she works
for London (it would require more effort
to move data bet the systems than the cost
of SPSS).

I don't like proliferation of systems, however.

Vince

Vasant Shanbhogue
04/06/2001 04:55 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: SPSS request for Iris

Hi Vince,

 is it fine to approve SPSS for Iris (cost $499), or should we ask that she
use SAS, for which we already have a site license?  The only reason to use
SPSS is because I think London people use it (I am not sure about this).

Vasant


Frank, here is a summary on correlations calculation methodology.

Tanya


Set up by Mike McGowan/87-7110
Attendees: Mike Stage will come to Shelley's office
Mike McGowan and Jo Williams will call Shelley's office


---------------------- Forwarded by Tana Jones/HOU/ECT on 10/08/99 04:54 PM
---------------------------

	Enron North America Corp.

	From:  Tana Jones                           10/04/99 10:55 AM

To: David Forster/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT
cc: Mark E Taylor/HOU/ECT@ECT
Subject: Revised Online Collateral Arrangement Language

At Mark's request, I am transmitting proposed changes to the collateral
arrangement language in the Online GTC's.  Please let me know if it meets
with your approval.

8.  Collateral Arrangements.  Counterparty shall (at Enron,s request) from
time to time and at Enron,s option either:  (i) within one Business Day of
such request by Enron, provide to Enron a letter of credit in respect of
Counterparty's obligations under any Transaction, in such form and for such
amount and from such issuer, as is acceptable to Enron in its absolute
discretion; or (ii) within such period as is specified by Enron, provide for
the benefit of Enron a guaranty from a party, in such form and for such
amount as is acceptable to Enron in its absolute discretion.  Failure so to
provide such letter of credit or guaranty or any default under such letter of
credit or guaranty shall constitute a default hereunder giving rise to the
immediate right of termination by Enron under this Transaction.


Please join me in congratulating Terry Thorn on his 20th anniversary at Enron and on his decision to step back from the fray, shift gears and retire on August 1.  For those of you who have worked with Terry over the years, please stop by and join us at a cocktail reception honoring Terry on Monday, July 23, 5:30-7:00 pm in the 50th Floor Lobby of the Enron Building.

Mark Frevert


Attached is a memo that I am currently working on with Rick Johnson.  Please
review and provide me with any comments.
Rick will be in the Houston office for the next two days.

Thanks


FYI.  You are welcome to join us.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/29/2001 01:34
PM ---------------------------

	From:  Alisha Guerrero @ ECT                           01/29/2001 01:26 PM

To: Mark Bernstein/HOU/ECT@ECT, Gail Tholen/HOU/ECT@ECT, Kay
Mann/Corp/Enron@Enron, Mark Lian/Corp/Enron@ENRON, Herman
Manis/Corp/Enron@ENRON
cc:

Subject: Co-op City Meeting

This is to confirm the Co-op City Meeting that has been scheduled for Tuesday
1/29/2001 at 2:00 PM in EB3394.  If you have any questions or need any
further assistance please give me a call at x36355.

Thank you,
Alisha Guerrero
x36355


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 *New non-stop service to/from Chicago Midway, IL
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----- Forwarded by Steven J Kean/NA/Enron on 01/18/2001 01:11 PM -----

	David Merrill@ENRON_DEVELOPMENT
	01/10/2001 11:55 PM

		 To: Mark Schroeder@ECT, Anthony Duenner@ENRON COMMUNICATIONS
		 cc: Craig Clark@Enron Communications, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jan Haizmann@ECT, Michael
Grimes/AP/Enron@Enron, <donald_lassere@enron.net>, <xi_xi@enron.net>, Justin
Cornett@ENRON, <roger_estrada@enron.net>, Leroy Ho@ENRON COMMUNICATIONS,
Kenneth Wang@ENRON COMMUNICATIONS, Tom Wei@Enron Communications, Wayne
Gardner/Enron Communications@Enron Communications, James Ginty@Enron
Communications, Kristina Mordaunt@Enron Communications, Robbi Rossi@EES,
Marie Heard@Enron Communications, Stephen D Burns/Corp/Enron@ENRON, Sue
Nord@Enron, Richard Shapiro@Enron, Steven J Kean/NA/Enron@Enron, Don
Hawkins/OTS/Enron@Enron, Scott Yeager@Enron Communications, Amr
Ibrahim/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike
Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Carmen
Perez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Linnell/NA/Enron@Enron,
Ginger Dernehl@EES, <laura.lannarone@enron.com>, Lindsay
Meade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Miyung
Buster/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Final Status Report of EBS East Asia Regulatory Matters

 As many of you know, I am going to be leaving Enron to pursue new
opportunities.
  I am leaving with regret,  as I have enjoyed working with all of you, and I
believe EBS
  is poised for great success in Asia.   To assist in a smooth transition,  I
have prepared
  this report on  the status of all EBS East Asia regulatory affairs actions
I am working on,
  and my thoughts about next steps.    A list of key contacts is also
provided.    Mark
  Schroeder will reassign pending actions.

   Again, many, many thanks for your support and encouragement and for what I
have
   learned about broadband and EBS from each of you.

1.   Singapore

 (a)  SBO License Application:

        The application was completed in draft in December.   Dan Arzola of
EBS Asia
        has a copy in Houston.   We cannot proceed further on the application
until we
        decide what  legal entity to use.   We have a legal entity (Enron
Broadband
        Services Pte Ltd) set up that encompasses all EBS activities
including bandwidth t
        trading.

        The legal entity that we use in the application will have to pay a 1%
annual gross
        turnover fee unless we get it waived by the regulator on the grounds
that the
        turnover fee was never intended to capture bandwidth trading
revenue.   This
        is a possible option in my opinion as the regulator (IDA) does not
want to be working at cross
        purposes with other parts of the government that wish to provide EBS
with incentives.
        See below.

    (b)  Legal Due Diligence:

        However, before pursuing a waiver from IDA,  we were planning to
complete legal due
        diligence to examine any options for avoiding the fee without a
waiver.
        Donald is of the view (see his Jan 9 e-mail ) that bandwidth trading
has to be
        licensed by the regulator.  ( In Europe, bandwidth trading usually
does not
        require telecom licensing.)   If Donald is correct as he probably is,
there may be
        less need of further legal research  on that point unless perhaps to
confirm absolutely
        that there is no way to shield EBS bandwidth trading from the
turnover fee apart from
        a waiver or reduction of the fee.    For example it is possible  that
Jan Haizmann
        or others may figure out a way to have actual trades escape the fee
(done offshore
        for example).   Jan I believe has some ideas on this that he adanced
in the context
        of Korea.

        I believe it would still be prudent  to proceed as we had planned to
engage
        a law firm here in Singapore (as we have in Hong Kong and Japan) for
the purpose
        of guiding us through these sorts of questions (or at least
confirming our reading)
        and answering the many other questions posed in a matrix developed by
a working
        group headed by Wayne Gardner.   We will likely be needing the firm
anyway at
        some point.

        I have prepared a list of seven law firms engaged in telecoms
practice in Singapore.
        EBS General Counsel is planning to examine its Asia strategy and whom
to send and
        when to engage a firm to complete Wayne's questionnaire and for other
purposes.

         My advice is, after the due diligence is completed or we have at
least confirmed
         that bandwidth trading is required to be in the licensed entity,
probably to go to the IDA and
         discuss the implications of the fee for us.   The contacts I would
suggest discussing this
         with are Andy Haire and Fiona Yeo (see contact list).]      IDA does
not wish to prevent
         EBS's coming to Singapore, and the fee was of course set up without
bandwidth trading
         specifically in mind as a revenue source.   Bandwidth trading was
referenced in the
         Code only later as a result of Enron's comment letters.

  (c)  Arthur D Little consultant proposal to support EBS Pioneer Status
Application

         This 75k proposal is now with us in final form, after undergoing
changes by me
         and two by our Houston tax lawyers.   I was to have gone to ADL
Singapore next
         for a meeting to question them on how much of this they are able to
         do independently without reliance on us.   This was a suggestion
made by
         Jim Ginty of EBS tax to make sure they would not be reprocessing our
info,
         I also intended to get them to pinpoint which of the products would
be quantified,
         rather than a "where appropriate."     Assuming we proceed with this
proposal,
         someone else will need to do this conversation with ADL Singapore.

         I have forwarded the final proposal to Wayne Garder and Mark and
most other
         interested parties earlier this week.

        NB:   Someone needs to be appointed to contact Simon MacCormac at ADL
and explain
        at least our timing and process for getting back to him, as a
courtesy.   I have not
        replied to his final submission as of now.   See contact info at end
of e-mail.

         For background,  the reason I believe EBS needs this work and sought
a consultant
         proposal is that Pioneer Status is typically awarded  to companies
that make major
         dollar, infrastructure, and job-creation expenditures in
Singapore.   Our business
         model does just the opposite.   So, to be awarded Pioneer Status,
which the EDB is
         very willing to consider us for after many months of persuasion,  I
believe we need to
         help EDB demonstrate what the quantitative spin-off benefits are for
Singapore from our
         developing bandwidth trading here (e.g. increased efficiencies of
capacity utilization,
         effect of lower bandwidth prices on attracting investment).   This
is a job for a  development
         economist teamed with someone who knows about bandwidth trading.
To my mind,
         if ADL cannot produce the bandwidth trading specialist we want, it
might be worth it
         to have one of our experts assigned to liaise with  them, and adjust
the contract
         accordingly to reflect what part we are providing.

         One thing the ADL scope of work does not provide for is the actual
completion of
         the Pioneer Status Application - only the supporting economic
analysis.  That is because it is
         proper for us to be the ones outlining our business plan for
Singapore, rather than
         running that information through ADL and charging its overhead.  The
idea is to get
         ADL to perform the quantitative economic development analysis we
cannot do in-house.

    (d)   Direct contact with EDB on EBS's plans

         EDB (Chelsia Lim ) has this week asked EBS to update her on its
business
         plans for Singapore.    I have made sure Craig Clark will take the
responsibility
         for seeing this is handled.   While a courtesy call is fine, I would
advise
         not to brief her formally until EBS has really decided what our
plans are,
         with staffing, etc.   They have been asking for our plans for a
while, and
         are waiting for some specifics when we have them.

2.    Hong Kong

        We have  2 licenses:   IVANS (value added services) and ETS (external
        telecoms services (includes bandwidth trading).

        There are several documents in draft and clearance which need to be
filed
        under these licenses before we are able to operate in Hong Kong.
        The principal ones are (a)  the system configuration plan,   (b) the
tariff for
        sale and trading of circuits under the ETS license (c) the tariff for
Mediacast
        services under the IVANS license, and (later) (d) a tariff for
VOD/EOD to
        be filed under the IVANS license.

        (a)  status of system configuration plan:

        The plan is done in draft and is being held pending a decision to be
         communicated by Roger Estrada within the next week or two as to
whether
         the Lucent 10G equipment described in the plan will be changed to
other
         equipment.    The HK lawyers  (Michelle Chan of Clifford Chance)
have said
         that if we plan to provide other equipment at the outset, we ought
to just
         wait and send in the correct description rather than revise.   If we
do stick with
         the Lucent equipment , we will also need to revise our orginal
license
         application as well (says Michelle Chan)  to include description of
related
         Cisco equipment that was not mentioned in our orginal license
application.

         When the system configuration plan is done in final, we also need to
         change the listed destination in the diagram from "San Jose"  to
"West Coast
         USA,  Japan, Singapore, and Australia".

         There are two copies of the present draft submission typed on the
OFTA forms.
          I have given one to Craig Clark of EBS to carry back to Houston.
The other
         copy is with Annie Ng in our Singapore office.

         When we know what equipment we are going to be using, Tom Wei needs
to
         revise the diagram and also make the changes in destination referred
to above.
         Other small edits need to be made in Appendix A (see Dec 28 e-mail
referenced
         below).   My successor should review the whole package once more
with Michelle
         Chan in final.    Then the final package needs to be cleared by
Anthony Duenner
         and our EBS lawyers before going to Ken Rice or another qualified
Director of
         our Hong Kong company for signature.   After that it goes back to
Michelle Chan
         for filing with OFTA.

         NB:   See Michelle Chan's e-mail of Dec 28, being repeated
separately, for
                  further information.

       (b)   Tariffs for BWTrading under ETS License

        In December in Houston I worked with Bill White and his staff on a
tariff plan for
        bandwidth trading in HK.   Based on a meeting I had with the
regulator in Hong
        Kong,   we agreed to file pro forma ceiling prices rather than an
entirely new
        and variable system which the regulator insisted we not do.
Ceiling  prices
        were developed and submitted to Michelle Chan for review.

        Along with the prices we are required to submit our Terms and
Conditions.   For
        that I used EBS General Terms and Conditions (GTC's) for trading
obtained from
        Robbi Rossi and Michelle Heard.  Mike Grimes  has a set as well.

        Present status:  Right now a dialogue is under way between Michelle
Chan and
        Robbi Rossi as to whether it is sufficient to file the GTC's alone or
whether
        certain exhibits, service level agreements, and confirmations
referred to in
        the GTC's must also be filed.   There are other questions being
discussed in
        that channel  such as how to handle variations in the terms based on
        commercial dynamics.     All these e-mails will be  forwarded.   Once
these
        issues related to the GTCs are resolved, the tariff for bandwidth
trading should
        be filed, going through Michelle Chan.

        NB:  See Michelle Chan e-mail of 1/09/01 which being forwarded
separately.

     (c)  Tariff for Media Cast under IVANS license:

       I worked with Leroy Ho and Ken Wang in December and we submitted the
main
       part of the Media Cast tariff to Michelle Chan.   However, we still
need to get the
       Terms and Conditions for Media Cast from Robbi Rossi or Michelle Heard
and
       attach them to the tariff diagrams and submit them to Michelle Chan.

       NB:   See my e-mail to Michelle Chan of Dec 21 which being repeated.
       Someone needs to work with EBS legal to get the T and C's for Media
Cast to Michelle
       or to set up direct channel between EBS legal and Michelle Chan as in
       the case of the exchanges on the T and C's for Bandwidth trading
referred
       to above.

      (d)   Overall change of responsibility for EBS Regulatory HK

        Michael,  or whomever will be taking over these responsibilities,
should
        get from Michelle Chan of Clifford Chance Hong Kong a fresh copy of
        Alison Lindsay's letter to Xi Xi of October 2000 stating that we
received
        our licenses and setting forth in detail all of the requirements.
This is the
        master document ("bible") on compliance under our licenses and will
catch any
        detail not included above.   For example:

            - my successor should also file a new form with OFTA,  the Hong
Kong
              regulator (form is included in the attachments to the letter)
naming
              himself the point of contact, replacing me.    Michelle Chan
can forward
              the letter to the regulator.

           -  we will need to be selecting an independent auditor to certify
certain routine
              reports we may need to file in future.   I have not started on
that.

3.    Korea

       Robbi Rossi needs to call Kim and Chang (law firm we use in Korea)
       to authorize them to research and provide advice to us on how to
handle
       the apparent regulatory impediment to Bandwidth Trading in Korea that
       we identified during my November trip.

       Once Kim and Chang starts work on this, someone from regulatory should
       be made available to help guide Kim and Chang on our regulatory
       questions, in coordination with Robbi Rossi.

       The key e-mails are (a) one from me outlining the overall problem and
        some suggestions for dealing with it ;  (b) one from Jan Haizmann
with
        some additional and in some cases alternative suggestions on how
        to deal with it,  (c)  two from Jae Moo Lee in Korea with additional
        points of view.  These will be forwarded.

  4.   Japan

       Our regulatory consultant is Art Yanagawa.   Contact info below.  Mike
Grimes
       and I have been in meetings with him and  Mike is fully briefed to
carry on the
       on-the-ground  part of contacts with Art.   Art also responds to
Donald and
       Roger Estrada and relies on them for guidance and input.

      At some point it should be thought through who should be the point
person
      to manage  this contract and approve payments, or decide to leave things
      as they are with approvals done in Houston.    The present system works
but
      it is not clear to me who is responsible for what.

      Art has prepared the amendment to our Special Type 2  license to add
      service to other destinations.   The latest status was that he was
holding
      the amendment over the holidays while clarifying some points raised by
      Mike Grimes.    Someone needs to be assigned responsibility for
      getting the amendment through.

      General Concern:

      A more general regulatory concern for us in Japan is that our
consultant
      advises us that we cannot use the term bandwidth trading  in
      communications with the government because it is not something
      contemplated in the Telecom Business Law,  so is prohibited if
      stated as we would state it elsewhere.

      We therefore are having to go through elaborate contortions to make
      what we are planning to do actually look like we are doing something
      else.    I admit that I agree with the approach we are taking for now
and
      can offer nothing better for the immediate term.

      However, I would say that long term we are running some risks.    If we
      are going to make Japan  one of the centerpieces of our  Asia EBS
      strategy,   I think we need to consider devoting more full time EBS
      regulatory resources to Japan exclusively.

       The allocation problem is that whatever regulatory resources we apply
       have to focus on  immediate license amendment  and operational
       questions that drive out time to work effectively on long term
       issues such as how to go about amending the Telecommunications
       Business Law  to allow bandwidth trading explicitly.    This would seem
       important to reduce long term risks to our business strategy.

5.    "Digital Divide"

       I had been giving intermittent support to helping Scott Yeager and
Justin
       Cornett of EBS, and Will Reed of Technology for All, figure out how
       to expand the concept of Technology for All to Asia.    The strategy
       was to utilize some of Japan's $15 billion pledge of funds to support
       digital divide activities in Asia - to support the expansion into Asia
of
       the EBS-supported TFA model.    This work will cease unless it can
       be picked up by Laura Lannarone of corporate social responsbility
       or Steve Burns of the DC office.

6.   KEY CONTACTS for operational items in this memo:

(a)   SBO License:  InfoCom Development Authority of Singapore

        (1)  Ms. Fiona Yeo, Asst Dir Competiton  - 211-1824
        (2)  Mr. Andrew Haire - Senior Director Policy and Regulation -
211-1731
        (3)  Ms Hema Ramnani - Manager- Policy   211-1860
        (4)  Ms Aileen Chia, Deputy Director, Economic Regulation - 211-1883
        (5)  Ms Ng Cher Keng, Director, Policy - 211-1828

(b)  Pioneer Tax Status:  Economic Development Board

       (1)  Chelsia LIM - Senior Officer Infocomms and Media - 832-6676
              <chelsial@edb.gov.sg>
       (2)  Bernard NEE -  Head, Infocomms and Media - 832-6964
       (3)  Sean LOW - Senior Officer Infocomms and Media - 832-6260
              <seanlow@edb.gov.sg>
       (4)   LEE Eng Keat - same as above - 832-6006

(c)  Arthur D Little proposal

        (1)  Simon MacCormac - Associate Director
              297-2300
              <maccormac.simon@adlittle.com>

        (2) Peter J Connell - Vice President
               207-2300
             <connell.peter@adlittle.com>

(d)  Hong Kong License filings:

       (1)  Michelle Chan  852-2825-8888
              <michelle.chan@cliffordchance.com>

       (2)  Alison Lindsay
               <alison.lindsay@cliffordchance.com>

        (3)  OFTA:  M.H. Au
               Senior Asst Director (Regulation)
               852-2961-6688
               <mhau@ofta.gov.hk>

(e)  Japan Telecom regulatory consultant to  EBS:

       Art Yanagawa
       81-3-5418-7056
       <arthur@asianet.co.jp>

David

       for example, the option of whether we can break bandwidth trading
functions
       out of the entity


Dear Mark and Liz::

I'm going to be in NYC for a mid-day meeting on 12/14  and was hoping to meet
later with someone at ISDA to discuss how they operate.  I know you are both
active in ISDA and was hoping you could help me set up a meeting with the
right person(s).  Please let me know if you can help.

The reason for the request is that  I am in the information gathering stage
of developing a business plan to establish a membership organization to
manage the EEI contract  process.  Once my plan is fleshed out, I would like
to come down to Houston and make a presentation to the participating members
of the EEI-NEM contract group to get their reaction.

Regards,

Andrew S. Katz, Director Industry Legal Affairs
Edison Electric Institute
701 Pennsylvania Avenue, N.W.
Washington, D.C.  20004
Voice:  202-508-5616
Fax:     202-508-5673
e-mail:  akatz@eei.org

 - Andy Katz.vcf


Good morning.  I just returned from a week and a half vacation and wanted to check the status of the request I had left with you on the 17th.  In regards to the sale of one of the Brewer wells, I had faxed you a copy of documentation filed with Enron back in 1997 for you to review and confirm that the documentation was sufficient to make the necessary change from W.E. or Mary Brewer Trust to Brewer Natural Gas LLC.  Mr. Brewer is awaiting notification from me that this issue is either resolved or more documentation is needed.

Please let me know if you have had a chance to look this documentation over or if I need to re-fax the information for your review.

Sincerely,

Ruby Kyser
Global Data Management
       713-345-8136
Fax 713-646-5797
ruby.kyser@enron.com


Daily Agenda
Thursday, May 17, 2001

Today's events...
* 11:30 a.m., SACRAMENTO   Gov. Gray Davis holds news conference to
respond to President Bush's energy plan, Capitol, room 1190. Contact:
916-445-4571.
* 2 p.m., SACRAMENTO   Assemblyman Juan Vargas discusses legislation
that would prevent utilities from disconnecting power to many senior
citizens, Capitol, room 2188. Contact: Wendy Harmon, 916-319-2079.

In the news...
* SacBee, Hardy: UC reinstitutes affirmative action.
http://www.sacbee.com/news/news/local01_20010517.html
* SacBee, Weintraub:
http://www.sacbee.com/voices/news/voices05_20010517.html
* LA Times, Tamaki: Governor's budget may have shortfall.
http://www.latimes.com/news/state/20010517/t000041479.html
* SF Chronicle, Lucas: LAO - Budget shortfall predicted.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/05/17/MN82295.DTL

In committee...
* OPEN ISSUES.  Budget Subcommittee No. 1 on Health and Human
Services.  8:00am or upon call of the Chair, room TBA.
* OPEN ISSUES.  Budget Subcommittee No. 2 on Education Finance.
8:00am or upon call of the Chair, room TBA.
* OPEN ISSUES.  Budget Subcommittee No. 3 on Resources.  8:00am or
upon call of the Chair, room TBA.
* OPEN ISSUES.  Budget Subcommittee No. 4 on State Administration.
8:00am or upon call of the Chair, room TBA.
* OPEN ISSUES.  Budget Subcommittee No. 5 on Information Technology
and Transportation.  8:00am or upon call of the Chair, room TBA.

Today on the floor...
* Assembly session at 8:30am.  (Squawk Box 89.7, Assembly TV, CH. 7)
* Senate session at 8:30am.  (Squawk Box 99.1, Senate TV, CH. 5)

Richard Costigan, III
Chief of Staff
Office of the Assembly Republican Leader
California State Assembly
Phone:(916) 319-2005


Jeff - call me when you get  a minute regarding this.  Torrey is absolutely
correct - our traders have been instructed not to allow customers out of a
trade without doing an OTC trade or having legal prepare a termination
agreement.  Sounds like it is time to send out the policy again!

Sheri

From:  Torrey Moorer
   01/16/2001 03:51 PM

To: Jeffrey C Gossett/HOU/ECT@ECT
cc: Sheri Thomas/HOU/ECT@ECT, Jennifer deBoisblanc Denny/HOU/ECT@ECT, Kim S
Theriot/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON
Subject: Re: Gas Daily deals in dispute

Jeff-

From a legal perspective, the traders are not supposed to have the authority
to let out another entity from an EnronOnline trade. If the trade is the
result of a system malfunction or some other uncontrollable issue, the
customer can get with the trader and agree to reverse out an existing EOL
transaction with an OTC trade, but Commercial should not be letting customers
out of EOL deals simply because their traders "clicked on the wrong product".
This is the policy that Mark Taylor and Legal have had in place since the
inception of EOL.

I'll get with Sheri and Jennifer and we will see what Legal has to say, but,
if Mike Maggi and/or John Arnold have been verbally allowing customers to
change these Gas Daily trades in the past, it definitely creates a problem
from the perspective of trying to hold them to the same trades now. The best
advise I can give right now is to make sure that John and Mike do not
continue allowing customers out of their trades simply because they "clicked
on the wrong product". The legal responsibility for "clicking on the right
product" lies firmly with the customer and whenever Commercial starts
allowing them out of that responsibility it can create serious legal problems
when and if one of these trades comes back to bite them.

Torrey

Jeffrey C Gossett
01/16/2001 03:05 PM
To: Torrey Moorer/HOU/ECT@ECT
cc: Sheri Thomas/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Leslie
Reeves/HOU/ECT@ECT
Subject: Gas Daily deals in dispute

Torrey -

We have an issue where some of our traders are letting traders out of EOL
deals b/c they "clicked on the wrong product."  What happens is we end up
having two deals in our systems,  and the counterparty has no deals in their
system.  So when settlement goes out they tend to accept the one in their
favor and reject the one against them.  We always work it out but as you can
imagine it is a huge headache from everyone's perspective.  Please advise on
what we can do to put an end to this practice.

Thanks
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 01/16/2001
02:54 PM ---------------------------

Gregory Carraway@ENRON
01/16/2001 01:57 PM
To: Jeffrey C Gossett/HOU/ECT@ECT
cc:
Subject: Gas Daily deals in dispute

Forwarded per request of Kim Theriot.
---------------------- Forwarded by Gregory Carraway/Corp/Enron on 01/16/2001
12:46 PM ---------------------------

Gregory Carraway
01/16/2001 08:50 AM
To: Errol McLaughlin/Corp/Enron@ENRON
cc: Rebecca Ford/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT

Subject: Gas Daily deals in dispute

The following deals are being disputed by Reliant Energy Services. TAGG is
showing these deals as Gas Daily, but the counterparty states that they
should be changed to Nymex trades. They also stated that they were told by
Mike Maggi that the deals would be changed to Nymex deals:


I will arrive late tomorrow due to a doctors appointment.

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


fyi.
----- Forwarded by Gerald Nemec/HOU/ECT on 10/03/2000 02:33 PM -----

	Mark Whitt@ENRON
	Sent by: Mark Whitt@ENRON
	10/03/2000 01:03 PM

		 To: Scott Josey/Corp/Enron@ENRON, kcrisa@apex2000.net, Joan
Quick/HOU/ECT@ECT, Theresa Staab/Corp/Enron@ENRON, Paul T
Lucci/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT
		 cc: Barbara N Gray/HOU/ECT@ECT
		 Subject: Crescendo Noms into NWPL

I spoke with Kent Harris at Wildhorse today and he stated there position to
me on a few things.

1.  Our Interruptible noms to NWPL for Wed. were not cut due to contractual
reasons, we were cut due to a lack of capacity.  He said that the San Arroyo
#2 compressor was down and without it they cannot make additional deliveries
to NWPL.  They hope to have it up by friday and will try to provide us some
capacity into NWPL.

2.  Kent reiterated their position regarding our contract by stating that
"the intent of the original contract was not to take gas through other
systems other than the Mesa system".  In addition he stated that we do not
have the right to choose which pipeline our gas is delivered to.

3.  He also asked whether or not we were willing to negotiate on the current
situation or if we wanted to let the 'lawyers fight it out".  I reiterated
that we have been waiting for them to either acknowledge that they will
gather the entrada gas under the current contract or provide us with another
alternative.  Absent either of those 2 things happening all we can do is try
to live by the existing agreement.  He stated that they have new estimates on
the cost to construct a new line through the South Canyon and it is
approximately $1MM less than their original esitmate.

We left it that he would determine whether or not they would gather  the
Entrada under the existing contract or make a new proposal that would most
likely wrap the Entrada and Dakota up under one new deal and replace the
existing contract.

I told him we would determine whether or not we wanted to "let the lawyers
fight over the existing contract" or work on a new deal for all the
production.

P.S.  They are still very interested in some type of Joint Venture.

Mark
----- Forwarded by Mark Whitt/NA/Enron on 10/03/2000 11:07 AM -----

	Theresa Staab
	10/03/2000 09:21 AM

		 To: Mark Whitt/NA/Enron@Enron
		 cc: Paul T Lucci/NA/Enron@Enron, Nicole Cortez/NA/Enron@Enron, Steven P
South/HOU/ECT@ECT, Jacqueline P Adams/HOU/ECT@ECT, Stacey J
Brewer/HOU/ECT@ECT, Joan Quick/HOU/ECT@ECT
		 Subject: Crescendo Noms into NWPL

Liz Orr with Wildhorse just called to inform me we cannot nominate into
NWPL.   Her legal department has informed her there are issues with the
contract and until they inform her otherwise, our gas can only flow into
Questar.   Physically, we can flow into NWPL but contractully we cannot.

We have changed the nominations back to Questar for tomorrow's gas day.

Sorry about that, (we tried)

Theresa


Hi Darrin,

This is what Mark McCoy sent me about the Cornhusker Deal.  Please review and
if there is anything else that Rita Wynne or I need to know about this deal,
just shoot me an e-mail!

Thanks for calling me back!

Happy Thanksgiving,

Kathy

---------------------- Forwarded by Katherine Benedict/HOU/ECT on 11/22/2000
11:19 AM ---------------------------

Mark McCoy@ENRON
11/22/2000 08:12 AM
To: Katherine Benedict/HOU/ECT@ECT
cc:
Subject: Cornhusker

Kathy-----Here is what I know about Cornhusker:

Our supply comes from Apache & Williams

Our market typicially is the plant (Tenaska IV Partners)
If the plant is down, Brazos Utility has the right to the gas if they want it
If Brazos does not call for the gas, then we will sell off to whomever we can

We just get a flat fee on this gas per MMBtu, whether it goes to the plant or
not

Daren Farmer knows the specifics about the deal

Hope this helps, call with any questions.

Mark
x33396


You don't have to respond and put your job on the line!? I bought six tickets
to Clay Walker, Saturday, Feb 17 at 1:00.? They were $12 each with a $5
handling fee ($77 total).? Top rows, all that was left, but the coliseum is
not nearly as big as the dome.? The coliseum is downtown, and I had to buy
for Caroline and Meghan since they are 2.? Looking forward to it!? Talk
later...

Bonnie Hitschel
210-283-2456


Dear Vince:

Are you available to attend our next Advisory Meeting on June 14, 2001?

Here is the draft agenda:

 <<AGENDA-draft.doc>>

Please let me know.

Kate Fang
215-898-1212
Wharton Risk Management and Decision Processes Center

 - AGENDA-draft.doc


I forgot Leigh Ann was going to be in town this weekend.  As for this evening, I think we're still on.  The movie is showing at the Angelika at 7:40 or Greenway 3 at 10:00...I'm assuming both of us would prefer the earlier movie, but there is something to be said for proximity.  What are your thoughts?  We could either take our time with dinner and then do the movie or just go to the early show and maybe grab dessert afterwards.  My guess is Emily would probably prefer the earlier time, since she may be taking off early tomorrow.

 -----Original Message-----
From: 	Gillette, Lisa
Sent:	Thursday, July 05, 2001 9:40 AM
To:	Scott, Susan M.
Subject:	RE: This weekend

yeah, i talked to katy last night and really, really want to go. i think that sounds awesome. however, my friend leigh ann is coming into town on friday. i was thinking of asking her to do that instead, but shes not only coming to see me but others as well. so i am probably out unless she cancels her trip here. thanks for trying to accomodate me with a ride though.

are we still on for tonight?

 -----Original Message-----
From: 	Scott, Susan M.
Sent:	Thursday, July 05, 2001 9:24 AM
To:	Gillette, Lisa
Subject:	This weekend

Stopped by Em's last night before coming home and she'd mentioned trying to do Austin this weekend.  She'd already talked to Katy and it sounded like Katy was interested in Austin tomorrow night and then maybe Gruene on Saturday night.  Anyway, wanted to let you know and see if you had any interest.  Emily and Katy would probably try to leave early tomorrow to stop in Round Top and do some antique shopping...so, if you think you could leave the office around 5:00 or so (of course earlier is always better) we could ride together and at least get on the HOV lane.  As it stands right now I think we're going to have stay in hotels both nights and we of course currently have no reservations, so it could get interesting.

Sue


Mark/Bryan

Based on our meeting with Sullivan & Cromwell, a few points occur to me
(these may well be in the "obvious" category!)

we generally don't need to worry at all about non-energy reference credits,
since we won't have any confidential info about them (this group will over
time become the vast majority)
there are (as I understand it) about 200 energy reference credits we are
looking at and this class (unlike the non-energy credits) is unlikely to grow
substantially
of the 200 energy credits, a number should be definite "ins" (eg the high
profile, big players with whom we don't have a special relationship) and a
number will be "outs" (ie where the relationship is much too close to risk
quoting on them)
perhaps we could initially launch the product with the "ins" and, over time,
add the residual category who get the all clear.

I agree that evaluating our relationships with individual reference entities
may be tricky and time consuming.  Perhaps the best place to start might be
with the business person who has overall responsibility for the relationship
in question and should have a view on the nature of the relationship and
whether we have any info about the entity which is sensitive.  It may well be
that we have confidentiality agreements in place, but not much confidential
info passing under them.

Grateful for any views on this.

Paul

To: Bryan Seyfried/LON/ECT@ECT
cc: Mark E Haedicke/HOU/ECT@ECT, Louise Kitchen/LON/ECT@ECT, Paul
Simons/LON/ECT@ECT

Subject: Re: Consent

Apparently there was some miscommunication.  It was very clear to me after
our meeting in Louise's office that with respect to proposed Reference
Entities with which Enron has an existing business relationship you were
going to add the consent to the notice letter.  It was that consent that was
to dramatically speed up the process of determining which Reference Entities
could be listed.  As we discussed last week, without that consent each
proposed Reference Entity must be evaluated separately regarding whether or
not a confidentiality agreement is in place and whether or not the existing
business relationship is extensive enough to require consent.  Neither of
these evaluations will be easy or quick.  While Enron North America has been
reasonably good about compiling lists of confidentiality agreements, it is by
no means clear that all other Enron entities have done so.  We have not yet
determined a process for evaluating the extent of the existing business
relationships with our customers but that process will necessarily require
significant amounts of legal and commercial time at a high enough level to
make important judgment calls.

My impression was that you were willing to add the consents to the notice
letters since in one fell swoop it resolved a difficult legal issue and moved
your earliest possible launch date forward by weeks if not months but also on
the assumption that if a customer was not willing to give us their consent we
should not be taking the commercial risk that it was precisely those
customers whose relationships would be jeopardized by proceeding to use them
as a Reference Entity.

We will now move forward to develop the processes necessary to conduct the
evaluations mentioned above.  Please send the list of proposed Reference
Entities as soon as possible.

Bryan Seyfried
01/19/2000 06:35 AM
To: Mark Taylor/HOU/ECT@ECT, Louise Kitchen/LON/ECT@ECT
cc: Paul Simons/LON/ECT@ECT
Subject: Consent

Just to clarify, we do not intend to ask for consent from every reference
credit, we do intend to send introductory letters to the relevant parties at
the initial set of reference credits which notifies them of our intentions
and why it is good for them.  My hope is that there are very few reference
credits that we need to get consent from and then we can make the commercial
decision of whether it is better to get consent or not quote on them.

As an initial step, I think we need to understand which reference credits
have confidentiality agreements in place and determine those names that we
have a potential fiduciary responsibility.  The latter obviously will not be
black and white but hopefully we can make some progress.  I would expect that
are really deep relationships are likely to be with either really small
counterparties or a very small subset of our large counterparties.

Hopefully I am restating what everyone already thought but if not apologies
for the miscommunication.

Call me if you want to discuss further.

bs


Updated Friday, July 20, 2001 10:08 Pacific Time
Edison loss -- Edison International's second-quarter earnings plunged 89
percent, a bigger drop than expected, as its Southern California Edison
utility paid more for electricity and sold less of it. Profit from
operations fell to $16 million, or 5 cents a share, from net income of
$137.2 million, or 41 cents, a year earlier, spokesman Kevin Kelley said. A
charge related to pending sales of two businesses gave a loss of $102
million, or 31 cents. State lawmakers are considering a rescue plan for
Southern California Edison as it struggles to avoid bankruptcy after
accruing more than $5.4 billion in power-buying losses. The utility sold 5.9
percent less electricity because of conservation efforts and mild weather.
Mark Johnson at bloomberg.com
<http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=AO1hfXROuRW
Rpc29u> Christina Cheddar, Dow Jones Newswires
<http://quicken.excite.com/investments/news/story/djbn/?story=/news/stories/

dj/20010720/BT20010720003377.htm&symbol=EIX> -- 7/20/01
Deposing energy execs -- A California Senate committee investigating
manipulation in the state's wholesale power market approved a measure late
Thursday, authorizing the committee to depose the chief executives of major
energy companies to provide insight into the companies' trading practices.
The Senate Select Committee to Investigate Market Manipulation voted 28-6 in
favor of deposing some of the energy sector's most powerful chief
executives. Jason Leopold; Dow Jones Newswires
<http://quicken.excite.com/investments/news/story/djbn/?story=/news/stories/

dj/20010720/BT20010720001903.htm&symbol=PCG> -- 7/20/01
Edison may avoid bankruptcy -- For the first time in months, Southern
California Edison is collecting more money than it is spending on
electricity, a shift that could enable the utility to avoid bankruptcy
without a state intervention as dramatic as the proposed $2.8-billion
purchase of the company's transmission lines. The turnabout has come during
the last several weeks as natural gas prices--a major component in the cost
of electricity--have plummeted and as Edison has collected more money from
customers through a record increase in rates approved by state regulators.
Jerry Hirsch in the Los Angeles Times
<http://www.latimes.com/news/printedition/front/la-000059204jul20.story?coll

=la%2Dheadlines%2Dfrontpage> -- 7/20/01
Edison bailout -- Leading lawmakers conceded they would probably leave on
their summer break without passing legislation aimed at rescuing Southern
California Edison from its financial straits as competing bailouts stalled
in the Legislature Thursday. The Assembly is expected to consider one of two
rival measures to save Edison today, and the Senate is expected to take up
an Edison rescue deal of its own. Miguel Bustillo and Carl Ingram in the Los
Angeles Times
<http://www.latimes.com/news/printedition/asection/la-000059243jul20.story?c

oll=la%2Dnews%2Da%5Fsection> -- 7/20/01
More Edison bailout -- An attempt to help Southern California Edison stave
off bankruptcy made incremental progress in the Legislature on Thursday. A
bailout bill proposed by the Senate passed a key committee and reached the
floor of the Senate, which will take it up today. That plan calls for $2.5
billion of Edison's debt to be paid off mainly by large businesses. It was
one of three dueling rescue efforts still alive after another topsy-turvy
day of hearings, closed-door meetings and last-minute changes. In the
Assembly, lawmakers considered rival plans backed by Assembly Speaker Bob
Hertzberg and Assemblyman Rod Wright, both Los Angeles Democrats. John
Howard in the Orange County Register
<http://www.ocregister.com/news/bailout00720cci.shtml> AP's Jennifer Coleman
in the Los Angeles Daily News
<http://www.dailynews.com/news/articles/0701/20/new05.asp> Ed Mendel in the
San Diego Union
<http://www.uniontrib.com/news/uniontrib/fri/news/news_1n20power.html> --

7/20/01
Two state officials against power deals -- Two California officials are
seeking ways to void the $43 billion in long-term contracts the state has
signed with power suppliers, saying the contracts are unconstitutional and
were negotiated by state consultants who had conflicts of interest.
Secretary of State Bill Jones, a presumed Republican candidate for governor,
on Thursday gave Attorney General Bill Lockyer additional evidence of
possible conflicts of interest involving 34 of 50 consultants and
contractors hired by Gov. Gray Davis' administration. Jones believes they
may have violated state law by failing to disclose their stock holdings in
energy companies, raising questions about the legality of the contracts.
Kate Berry and Mary Ann Milbourn in the Orange County Register
<http://www.ocregister.com/news/connell00720cci.shtml> -- 7/20/01

Energy regulators go high-tech -- Often criticized as the sleeping watchdog
of the nation's power markets, the Federal Energy Regulatory Commission on
Thursday unveiled a high-tech war room where regulators can now track energy
prices around the country in real time. "We've been fairly blind,"
acknowledged FERC Chairman Curtis L. Hebert Jr., describing an agency that
previously depended on industry and the trade press for information, often
days and weeks late. "In the best case we were getting information 24 hours
after it happened. Now we'll get it immediately." Ricardo Alonso-Zaldivar in
the Los Angeles Times
<http://www.latimes.com/news/printedition/asection/la-000059242jul20.story?c
oll=la%2Dnews%2Da%5Fsection> Jim Puzzanghera in the San Jose Mercury
<http://www0.mercurycenter.com/premium/nation/docs/watchdog20.htm> --

7/20/01
State advisers forced to sell energy stocks -- One consultant hired by the
state to negotiate long-term electricity contracts owned stock in a company
that signed billion-dollar deals with California. Another fresh hire bought
more than $10,000 in stock in Enron Corp. -- the Houston power trader
frequently vilified by Gov. Gray Davis and lawmakers -- as he helped the
state develop electricity buying strategy. A top Davis lawyer told the two
consultants and seven others on Wednesday morning to sell off stock in
companies like Enron and Calpine Corp. within four hours or lose their jobs.
Mark Martin in the San Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN75216.DTL>
--
7/20/01
Summer blackout seers missing the mark.. so far -- An unexpected thing
happened on the way to California's summer of darkness - - nothing. Zero
blackouts this summer, thanks to Gray-friendly skies and Californians
conserving power in record amounts. Now the state is so flush with power
that it's selling back the surplus at a loss. Even Disneyland has cranked up
its flashy Electrical Parade again. Still, the doomsayers aren't
backpedaling, merely clarifying their fevered springtime predictions. Like
Michael Zenker, of Cambridge Research Associates. Joe Garofoli in the San
Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN215347.DTL> -

- 7/20/01
PG&E extends deals -- More than 130 independent power generators have signed
new five-year deals to supply electricity to Pacific Gas & Electric Co. The
utility said that as part of the deal, it will pay the generators the
estimated $740 million it owes them, once its reorganization plan is
accepted in bankruptcy court. Jennifer Bjorhus in the San Jose Mercury
<http://www0.mercurycenter.com/premium/nation/docs/QF20.htm> -- 7/20/01

Spencer Abraham -- In San Francisco to stump for President Bush's energy
plans, Energy Secretary Spencer Abraham yesterday praised California's
conservation efforts but insisted that frugality alone would not solve the
power crisis. Abraham, speaking to a group of Bay Area business leaders,
warned against the perception that the crisis is lessening even though
rolling blackouts haven't materialized this summer as expected. David R.
Baker in the San Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN238054.DTL>
AP's Karen Gaudette in the San Diego Union
<http://www.uniontrib.com/news/uniontrib/fri/news/news_1n20abraham.html> --

7/20/01
Wilson says Davis ignored warnings about energy -- Former Gov. Pete Wilson,
who signed the controversial 1996 energy deregulation bill into law, blasted
his successor Gray Davis yesterday for failing to aggressively use the
governor's most forceful tool -- emergency powers -- to contain the state's
energy crisis. "There are people who have ignored the supply and tried to
blame the crisis on everyone else," the Republican former governor told
nearly 100 academics and reporters at the Public Policy Institute in San
Francisco yesterday. Carla Marinucci in the San Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN187903.DTL>

Michael Bazeley in the San Jose Mercury
<http://www0.mercurycenter.com/premium/nation/docs/wilson20.htm> -- 7/20/01
Democrats defy Davis with bill on PUC -- Lawmakers moved with lightning
speed yesterday to undo a plan that would force California regulators to
raise electricity rates whenever state power buyers deem it necessary. A
hastily introduced bill pits Democratic lawmakers against the administration
of Gov. Gray Davis, which is counting on the state Public Utilities
Commission to approve rate increases to pay for electricity without
questioning whether the state got a good price. Lynda Gledhill in the San
Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN222719.DTL>
-
- 7/20/01
Senate passes natural gas bill -- A bill that could put Long Beach and its
oil drilling partners in the wildcatting business received a unanimous vote
in the state Senate on Thursday, despite a last-minute attempt to saddle it
with controversial amendments. Assembly Bill 27XX by Alan Lowenthal, D-Long
Beach, now returns to the Assembly, where it already enjoyed similarly
overwhelming support. Once it is confirmed by that house, it will go to the
governor. Will Shuck in the Long Beach Press
<http://www.ptconnect.com/archive/news/capitol.asp> -- 7/20/01

Utility debts are still the toughest nut to crack -- When Gov. Gray Davis
and other state politicians finally became engaged in the energy crisis last
January -- a half-year late -- the state's major investor-owned utilities
had already amassed more than $13 billion in debt from runaway power costs
and were out of credit. Davis and the Legislature launched a massive state
power purchase program, a speed-up of new power plants, conservation
subsidies and other actions, not all of which have been successful. But
everyone involved knew that the utilities' debts, which had driven them to
the brink of bankruptcy, would be the most complex and politically difficult
aspect of the crisis. Six months later, that's still true. Dan Walters in
the Sacramento Bee
<http://www.capitolalert.com/news/capalert03_20010720.html> -- 7/20/01

Budget still stalled -- Assembly Republicans made good on their threat
Thursday to block legislation needed to implement California's estimated
$101-billion budget. But Democratic and GOP leaders were negotiating a
possible settlement late Thursday night to resolve their differences so that
the spending plan and accompanying legislation could be sent to the Senate
in time for the Legislature to recess starting today. Julie Tamaki in the
Los Angeles Times
<http://www.latimes.com/news/printedition/california/la-000059393jul20.story

?coll=la%2Dheadlines%2Dpe%2Dcalifornia> Robert Salladay in the San Francisco
Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN26564.DTL>
John Hill in the Sacramento Bee
<http://www.capitolalert.com/news/capalert01_20010720.html> -- 7/20/01
Copyright , 2001 Rough & Tumble


"paulhastings.com" made the following annotations on 04/03/01 17:42:32
------------------------------------------------------------------------------
NEW E-MAIL ADDRESSES AT PAUL, HASTINGS, JANOFSKY & WALKER LLP

We have changed our e-mail address.  Our new domain name is
paulhastings.com.  In most cases, our address is composed of
conventional first name and last name plus @paulhastings.com.  Here are
two examples: janesmith@paulhastings.com and danjones@paulhastings.com.
If you have any questions, please contact us at noc@paulhastings.com.

==============================================================================
"The information transmitted is intended only for the person or entity
to which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you
received this in error, please contact the sender and delete the
material from all computers."

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

In connection with  the above referenced matter, attached for your review is
an initial draft  of?the NorthWestern Guaranty (the "Guaranty").?
Please note that the  Guaranty has not been reviewed by NorthWestern, and
therefore remains subject,  in all respects, to NorthWestern's review and
comments.?
?
Please contact me  with any questions or comments.
************************************************
Jeremiah A. DeBerry, Esq.
Paul Hastings Janofsky & Walker  LLP
399 Park Avenue
New York, New York 10022
Phone: (212) 318-6458
Fax:???? (212)  319-4090
?
?
 - NW Agreement Guaranty(v1).WPD


Acct # ?8116 30 301 0169748

1-800-776-9993


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 01/06/2000
10:25 AM ---------------------------

	Enron North America Corp.

	From:  Maria Sandoval                           01/06/2000 08:24 AM

To: Margo Reyna/HOU/EES@EES, Andrea R Guillen/HOU/ECT@ECT, Phenicia
Olivier/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Melissa
Rodriguez/HOU/ECT@ECT, Pamela Sonnier/HOU/ECT@ECT, Cassandra S
Dutton/HOU/ECT@ECT, Cecilia Olvera/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT,
Irena D Hogan/HOU/ECT@ECT, Angela Henn/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT,
Chantelle Villanueva/HOU/ECT@ECT, yolanda.sandoval@mwk.com,
patty.soria@mwk.com, mcastillo@metromkt.com, elizabeth.gutierrez@eott.com,
Judy Hernandez/HOU/ECT@ECT, Elizabeth Soto/HOU/ECT@ECT, amolina@unifirst.com,
apena26@hotmail.com
cc:
Subject: Fw: If u delete this...u seriously don't have a heart!

---------------------- Forwarded by Maria Sandoval/HOU/ECT on 01/06/2000
08:24 AM ---------------------------

Chantelle Villanueva
01/06/2000 08:17 AM
To: Brenda Flores-Cuellar/HOU/ECT@ECT, Melissa Jones/Enron
Communications@Enron Communications, Heather Choate/HOU/ECT, Alex
Saldana/HOU/ECT@ECT, Cecilia Olvera/HOU/ECT@ECT, Maria Sandoval/HOU/ECT@ECT,
Irena D Hogan/HOU/ECT@ECT
cc:
Subject: Fw: If u delete this...u seriously don't have a heart!

---------------------- Forwarded by Chantelle Villanueva/HOU/ECT on
01/06/2000 08:16 AM ---------------------------

Brenda Flores-Cuellar
01/06/2000 08:10 AM
To: Vanessa Cruz <VCruz@AUANET.ORG>, Yolanda Ford/HOU/ECT, Gerard197@aol.com,
javery3@enron.com, Melissa Jones/Enron Communications@ENRON
COMMUNICATIONS@ENRON, mmartinez@eesinc.com, ryanm@huddlestonco.com,
MDRODR@aol.com, Susan D Trevino/HOU/ECT, Chantelle Villanueva/HOU/ECT,
Michelle Vitrella/HOU/ECT, "Comello, Mary" <Mary.Comello@natoil.com>,
"Padron, Myriam" <myriam.padron@et.pge.com>, "Beatrice Reyna"
<beatricereyna@hotmail.com>, Del Martinez
<dmartinz@staff.austin.isd.tenet.edu>, "Lilia Campos"
<liliacampos@tealcon.com>
cc:
Subject: Fw: If u delete this...u seriously don't have a heart!

> Subj:   Fwd: Fw: If u delete this...u seriously don't have a heart!
>
>  >Date: Sat, 4 Dec 1999 12:49:34 -0800
>  >
>  >
>  >   Dear Friends,
>  >
>  >       My name is Anna Cohen and I  live in Albany New York.  My
daughter
>  >Liz recently had a baby girl named Jada.  2 months early.  Jada has many
>  >problems with her heart and lungs and medical costs have become
extremely
>  >expensive. Jada was recently moved to a hosptial in california and the
>  >move was very expensive. A billionaire in california has promised to
give
>  >$.05 for every  time this email is forwarded.  If you wouldn't mind
>  >forwarding
>  >this to everyone on your  list I would greatly appreciate it as well as
>  >my  daughter and little  Jada.  This could save a life.  Please have a
>  >heart and forward this.
>  >
>  >                                 Remember:  What goes around comes
around.
>  >
>  >          Thank you,
>  >
>  >                                  Anna Cohen
>  >
>  >
>  >    p.s. Please Forward to everyone on your list!!!
>
>
>


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                NOVEMBER 20, 2001

Notice ID: 3283
5 - NO RESPONSE REQUIRED

SUBJECT: CAPACITY ALLOCATION-TIMELY NOMINATION CYCLE FOR NOVEMBER 21, 2001

PLEASE NOTE THAT ALL ALLOCATIONS ARE SUBJECT TO CHANGE BASED ON THE RECEIPT OF
ANY NEW NOMINATIONS OR INTRADAY NOMINATIONS.

RECEIPTS:

ALLOCATIONS DUE TO LONG WALL MINING OF LINE SM-123:  For the following MLI
points: There is no capacity for IPP customers.  There is no capacity for ITS
customers.  There is no capacity for secondary firm customers.  There is no
capacity for overruns.

        Equitable Hi Hat       MLI F3
        KYWV Beaver Creek      MLI H1
        CNR Boldman            MLI CNR02
        CNR Conoway            MLI CNR03
        CNR Johns Creek        MLI CNR08
        CNR Canada             MLI CNR09, CNR10
        CNR Stafford           MLI CNR11
        CNR Thacker/Majestic   MLI CNR12
        CNR Briar Mtn.         MLI CNR13
        CNR Huff Creek         MLI CNR14
        Conoco Grant           MLI P1

KA-1 LINE (819288 AND 827280):  There is no capacity for IPP customers.  There
is no capacity for ITS customers.  There is no capacity for secondary firm
customers.

INTERNAL CONSTRAINT:

LANHAM:  There is no capacity for IPP customers.  There is no capacity for ITS
customers.  There is no capacity for secondary firm customers.

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

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

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

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

Columbia Gas Transmission has completed allocating all of its receipt and
delivery points for the gas day of November 21, 2001.  You may now view the
quantities you are authorized to flow on November 21, 2001.  On the Internet
NAVIGATOR, view Nominations, Scheduled Quantity, Scheduled Quantity for Service
Requestor-Summary, Nominations to be Viewed, and select Reduced Nominations.
The quantities confirmed to flow for your account are available on the Internet
NAVIGATOR after 5:30 p.m. Eastern Time on Tuesday, November 20, 2001.

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


Perfect.

Brett R Wiggs
01/05/2001 06:25 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: GE Turbine Contracts

Kay:

We have resent to your fax number.  Please let me know if you don't have them
when you get in.  Please send my set of documents to G G Garcia.  She is
located in 3AC2104 and she can forward them to me in Sao Paulo.

Thanks,
Brett

Kay Mann
01/04/2001 12:46 PM
To: Brett R Wiggs/SA/Enron@Enron
cc:
Subject: Re: GE Turbine Contracts

Hi Brett,

We haven't been able to locate it.  Could you resend?

Where should I send your set of docs?

Thanks,

Kay

Brett R Wiggs
01/04/2001 07:52 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: GE Turbine Contracts

Kay:

Were you able to find my faxed signatures?  Do you need originals?  Are you
going to send out a complete set of the final documents?

Thanks,
Brett


PGE@COLSTRIP DAILY-PGE-EPMI-LOUISIANA PACIFIC, 7MW FLAT.  LP deal #421598.1,
at Montana System.

Louisiana Pacific was getting 7mw flat from our PGE @ Colstrip daily
purchase.  As of HE23pst on 1/19 and through 1-23, they need only 4mw an
hour.
Unfortunately, they called a little late for us to preschedule for 1/20-21,
so Real time will need to sell off 3mw an hour from HE23pst on 1/19 through
HE24
on 1/22 at Montana system.  The deal numbers for the PGE buy are as follows:

1/19:  500047.1
1/20:  500048.1 and 500047.1
1/21:  500940.1
1/22:  500936.1 and 500935.1

The Lotus notes data base has not been changed for 1-19 but has been for
1/20-22.

1/23 will be taken care of on preschedule.

Thank you.

Donald.


Please see the attached memo regarding Com Ed issues.

Thanks
lk


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 08/24/2000
08:51 AM ---------------------------

	From:  Amanda Huble                           08/24/2000 08:31 AM

To: Chris Gaskill/Corp/Enron@Enron, Geoff Storey/HOU/ECT@ECT, Hunter S
Shively/HOU/ECT@ECT, Colin Tonks/LON/ECT@ECT
cc:
Subject: Fundamental Status Meeting

Reminder:

        Please plan to attend a meeting with Chris Gaskill on Friday, August
, 2000 at 11:00 am in EB 3127.

Thank you,
Amanda Huble


Ina,

 I scheduled a meeting with Jean Mrha tomorrow at 3:30


Thanks Vince... We'll be auctioning off transmission rights in these
corridors in September (assuming FERC approves our filing), which confronts
traders with a complex array of valuation problems (the long-term value of
the right to ship energy along these DC pathways and to collect ancillary
services in each of the markets). It's a conceptually difficult challenge
for most companies but I'm sure Enron is all over it. We'll be interested in
whether or not Enron's traders participate in this auction.

We are also pre-selling some of the capacity in negotiations over the
summer, in the expectation of FERC approval of that concept (kind of an
anchor tenant concept).

As you will recall, we did approach Enron early on in the project (a fellow
in Calgary whose name I cannot remember) and he indicated no interest. I'll
keep you in the loop because I suspect you'll find the intellectual
challenge intriguing -- what is access to DC capacity worth? --- as I do.

Hope things are going well in all of your markets!

Ed

-----Original Message-----
From: Kaminski, Vince J [mailto:Vince.J.Kaminski@ENRON.com]
Sent: Monday, June 04, 2001 12:31 PM
To: ekrapels@esaibos.com
Subject: RE: Neptune -- merchant transmission

Hello Ed,

It sounds very interesting. I forwarded your messages
to two members of my group who work on the problems related
to transmission (a key to the power markets successful
growth).

I shall share with you their  reaction.

I hope everything is going well.

Vince

>  -----Original Message-----
> From: 	"Edward Krapels" <ekrapels@esaibos.com>@ENRON
> [mailto:IMCEANOTES-+22Edward+20Krapels+22+20+3Cekrapels+40esaibos+2Eco
> m+3E+40ENRON@ENRON.com]
> Sent:	Friday, June 01, 2001 5:12 AM
> To:	Vincent Kaminski \(E-mail\)
> Subject:	Neptune -- merchant transmission
>
> Dear Vince,
>
> Greetings from Boston... In the last year, I've been associated with
> the
> Neptune merchant transmission project... check it out at
> www.NeptuneRTS.com.
> We filed with FERC last week and I'm sending you the Wall Street
> Journal and
> Megawatt Daily articles on it.
>
> Have you seen any good analytical work on merchant transmission? I'm
> in a
> dialogue with Paul Joskow and others on this issue but as always would
> appreciate your thoughts.
>
> All the best,
>
> Ed
>
>
>
> Edward N. Krapels, PhD
> Director
> ESAI Power and Gas Services
> tel 781 245 2036
> cell 617 899 4948
> ekrapels@esaibos.com
> www.esai.com
>
>
>  - winmail.dat << File: winmail.dat >>

 - winmail.dat


Rahil Jeffry, Dale Neuner.  Contact X57688 Blanca


Tracy

Per our conversation earlier this week, EOTT's projection for 2002 Net Income is $26.9 million.  My understanding is that this is all that will be required from us in connection with the 2002 Plan process at Enron.  Please advise if this is not correct..  I'll be out of the office next week.  If anything further is required, during that time, please contact John as soon as possible.

Given the internet problems we've had lately, please acknowledge receipt of this email by sending me a reply.  Thanks
Karl


Thanks for the update, I will complete a review and send the worksheet up
first thing in the morning. Please let me know if that will be a problem.

-d

 -----Original Message-----
From:  Nemec, Gerald
Sent: Wednesday, March 28, 2001 5:21 PM
To: Vanek, Darren
Subject: RE: Credit Review

Darren,  Since the Master is an old vintage, we are amending to reflect the
current version and specifically any credit revisions that are necessary.
The old master was only set up for 6 month or less term deals with volumes of
15,000 MMBtu or less.

	Darren Vanek/ENRON@enronXgate 03/28/2001 04:02 PM 	   To: Gerald
Nemec/HOU/ECT@ECT  cc:   Subject: RE: Credit Review

Gerald,
Russell informed me that we are amending the current Master Physical that we
have with them. Since I am just being informed of any changes, I would like
to know the purpose for the ammendment.

-Darren
31436

 -----Original Message-----
From:  Nemec, Gerald
Sent: Wednesday, March 28, 2001 4:59 PM
To: Vanek, Darren
Cc: Diamond, Russell; Tycholiz, Barry
Subject: Credit Review

Darren,   Please prepare a credit ticket for Sierra Pacific Power Company.
Per Russell Diamonds request, I am forwarding this to your attention. Let me
know if you need anything else.


Renee, Did Sofregaz ask for these changes?  If so did they recommend this
specific language?

From: Renee Alfaro AT ENRON_DEVELOPMENT@CCMAIL on 04/30/99 04:27 PM
To: Gerald Nemec@ECT, Rusty Belflower AT ENRON_DEVELOPMENT@CCMAIL
cc:
Subject: Sofregaz Agreement

Please find attached the latest draft of the proposed Capital Construction
Term Rate Agreement with Sofregaz US.  I have not yet sent these changes back
to Sofregaz yet.  Our (EECC) legal department approves these changes, but I
wanted to make sure Gerald and Enron Storage Co. approved these changes.  The
only changes made were to Section 19, General Indemnity.  This is a
comparison copy showing the changes from our standard Capital Construction
Agreement.

Gerald, the contract is with EECC, but Enron Storage Co. could use an
Affiliate Work Offer.  I just realized that there is no Exhibit showing the
Work Offer form, so I will correct that and make the work offers Exhibit F. I
will attach a copy of our affiliate work offer for your review.

Please get back to me with any comments.  I will then reply back to Sofregaz.

Thanks.
Renee
x67281

(See attached file: compare02.doc)(See attached file: Exhfaffl.doc)
 - compare02.doc - Exhfaffl.doc