We have parking with PNM for off-peak on Monday.  The energy schedule is as
follows.  The energy is at 4C but you should be able to move it to PV with
PNM if you ask nicely.  We will split the upside over $35 with ST SW via
annuity.  Please make all transmission purchases or other sales under their
book.

Deal number on the buy from PNM is #581199.

The shape of this length is:

HE1 50
HE2 50
HE3 50
HE4 50
HE5 45
HE6 20
HE23 35
HE24 50

Day total is 350.

Thanks
Bill


Drew would like to have a short meeting tomorrow (Oct. 30) at 11:00 a.m. to bring us all up to date on Enron's current problems and to try and answer any questions we might have.   The meeting shouldn't take more than 30 minutes.  I have reserved 47C2 for those of us in Houston.

Ann:  Drew can call Greg in Omaha to conference everyone in or if you want to get a conference room, let me know the phone number he'll need to call.

Thanks,

Emily Sellers
Enron Transportation Services Legal
1400 Smith Street, EB4771
Houston, Tx 77001713) 853-7172
(713) 646-2738

emily.sellers@enron.com <mailto:esellers@enron.com>


so, it's going to be cold in new york next week.


December 18, 2001
Dear EMF 20 Working Group Invitee:
I hope you will be able to join us for the initial meeting of the EMF 20 working group on "Fuel Diversity, Natural Gas and North American Energy Markets" which will be held jointly with the James A. Baker III Institute for Public Policy in the Dor? Commons of Baker Hall, Rice University, Houston. The meeting will begin on Tuesday morning, January 22, at 9:00 a.m. and will conclude by 3:00 p.m. on Wednesday, January 23. A continental breakfast will be held both mornings in the Dor? Commons. I have enclosed a tentative agenda which will be updated in the next few weeks.
EMF is holding a block of one-bedroom suites at the Hilton Houston Plaza Hotel for the nights of January 21 through January 23 at a special rate of $119 single/ double plus tax. To receive the special rate you must identify yourself as a participant of the Stanford Energy Modeling Forum and use the city/ group codes: HOUMC  EMF. To reserve a room you can contact the Hilton general number 1-800-445-8667 or contact the hotel directly by telephone at 713-313-4606, by fax at 713-313-4460 or by e-mail at jennifermikail@hilton.com  The Hilton Houston Plaza Hotel is located 10 miles from the William P. Hobby International Airport and further information on directions and transportation to the hotel is available on line at www.houstonplaza.hilton.com  Reservations must be made before Monday, January 7; after this date, reservations will be put on a space available basis and may not be at this rate.
On Tuesday evening a special dinner is being planned for all EMF20 working group attendees. Please return the enclosed reservation form to assist us in our planning. An informal reception will also be held at the Hilton on Monday evening between 8:00 and 10:00 p.m. Details will be e-mailed.
I look forward to seeing you in January. In the interim, please do not hesitate to call me if you have questions or suggestions regarding our upcoming meeting.
Sincerely
Hillard G. Huntington
(hillh@stanford.edu)
Executive Director
Attachments:
Agenda  Rice University Campus & Area Map  Response Form

 - Agenda20-1.doc
 - responseformmtg1.doc
 - Rice Area Map1.gif
 - Rice Campus Map1.gif


Please send the economist piece around.
---------------------- Forwarded by Steven J Kean/NA/Enron on 09/01/2000
07:16 AM ---------------------------

Mark Schroeder@ECT
09/01/2000 06:09 AM
To: Gavin Dillingham/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Steven J Kean/NA/Enron@Enron

Subject: California

I may have missed it in your many e-mails, but if you had not seen it, The
Economist of 26 August has an excellent piece on the lessons of California
(p. 16 of European edition).  California botched it, Pennsylvania did better,
and California's problems are no reason to shrink from deregulation.   mcs


could you please fax this text to steve and mark?  thanks a million.  jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 01/25/2001 02:57 PM -----

	"Katie Kaplan" <kaplan@iepa.com>
	01/25/2001 12:15 PM
	Please respond to kaplan

		 To: <kaplan@iepa.com>, "William Hall" <wfhall2@duke-energy.com>, "Ward
Scobee" <wscobee@caithnessenergy.com>, "Tony Wetzel"
<twetzel@thermoecotek.com>, "Sue Mara" <smara@enron.com>, "Steve Ponder"
<steve_ponder@fpl.com>, "Roger Pelote" <roger.pelote@williams.com>, "Rob
Lamkin" <rllamkin@seiworldwide.com>, "Randy Hickok"
<rjhickok@duke-energy.com>, "Paula Soos" <paula_soos@ogden-energy.com>, "Nam
Nguyen" <nam.nguyen@powersrc.com>, "Milt Schultz" <bfpjv@c-zone.net>, "Marty
McFadden" <marty_mcfadden@ogden-energy.com>, "Marc Tompkins"
<marc.tompkins@bently.com>, "Lynn Lednicky" <lale@dynegy.com>, "Kevin
Williams" <kwilliams@envres.org>, "Kent Fickett" <kfickett@usgen.com>, "Ken
Salvagno" <kbssac@aol.com>, "Ken Hoffman" <khoffman@caithnessenergy.com>,
"Kathryn Lynch" <Lynch@sl.net>, "Jorn Larsen" <JornL@forasenergy.com>,
"Jonathan Weisgall" <jweisgall@aol.com>, "John Wood" <jwood@sithe.com>, "John
Stout" <John_H_Stout@reliantenergy.com>, "John Prevost"
<plenv01@northcoast.com>, "Joe Ronan" <joer@calpine.com>, "Joe Greco"
<joe.greco@uaecorp.com>, "Jim Hinrichs" <jmhpower@aol.com>, "Jeff Dasovich"
<jdasovic@enron.com>, "Jane Luckhardt" <jluckhardt@dbsr.com>, "James Bishop"
<jim_bishop@msn.com>, "Jack Pigott" <jackp@calpine.com>, "Hap Boyd"
<hap.boyd@enron.com>, "Hal Dittmer" <hedsf@aol.com>, "Greg Blue"
<gtbl@dynegy.com>, "Graeme Donaldson" <GDonald386@aol.com>, "Glen Sheeren"
<gsheere2@iccnet.com>, "Frank Misseldine" <fmisseldine@caithnessenergy.com>,
"Frank DeRosa" <frank.derosa@gen.pge.com>, "Eric Eisenman"
<eric.eisenman@neg.pge.com>, "Edwin Feo" <efeo@milbank.com>, "Edward
Lozowicki" <elozowicki@sjo.coudert.com>, "Ed Maddox"
<emaddox@seawestwindpower.com>, "Duane Nelsen" <dnelsen@gwfpower.com>, "Doug
Fernley" <fernley.doug@epenergy.com>, "Don Scholl" <PurEnergyI@aol.com>,
"Diane Fellman" <difellman@energy-law-group.com>, "Dean Gosselin"
<dean_gosselin@fpl.com>, "Dave Parquet" <dparque@ect.enron.com>, "Curtis
Kebler" <curtis_l_kebler@reliantenergy.com>, "Curt Hatton"
<curt.hatton@gen.pge.com>, "Cody Carter" <cody.carter@williams.com>, "Carolyn
Baker" <cabaker@duke-energy.com>, "Bob Escalante"
<rescalante@riobravo-gm.com>, "Bob Ellery" <bellery@spi-ind.com>, "Bill
Woods" <billw@calpine.com>, "Bill Carlson" <wcarlson@wm.com>, "Scott Harlan"
<harlans@epenergy.com>
		 cc: "Theo Pahos" <tpahos@ppallc.com>, "Andy Brown" <ABB@eslawfirm.com>, "B
Brown Andy" <andybrwn@earthlink.net>, "Bob Weisenmiller" <rbw@mrwassoc.com>,
"Douglas Kerner" <DKK@eslawfirm.com>, "Jan Smutny-Jones" <smutny@iepa.com>,
"Jean Munoz" <jmunoz@mcnallytemple.com>, "Jeff Dasovich"
<Jeff.Dasovich@enron.com>, "John Larrea" <john.g.larrea@williams.com>, "Julee
Malinowski-Ball" <jmball@ns.net>, "Kassandra Gough" <kgough@calpine.com>,
"kent Palmerton" <kent.palmerton@williams.com>, "Kristin Vellandi"
<kvellandi@pstrategies.com>, "Marty Wilson" <mwilson@pstrategies.com>,
"McNally Ray" <rmcnally@mcnallytemple.com>, "Norton Kelli"
<knorton@mcnallytemple.com>, "Paula Hall-Collins"
<paula.hall-collins@williams.com>, "Richard Hyde" <rwhyde@duke-energy.com>,
"Stephanie-Newell" <stephanie-newell@reliantenergy.com>, "Tom Ross"
<tross@mcnallytemple.com>
		 Subject: Transcrip of Davis' speech last night

            TRANSCRIPT OF GOVERNOR DAVIS WITH DEPARTMENT OF
                                   WATER RESOURCES OFFICIALS

     SACRAMENTO

     At a press conference today, Governor Gray Davis, officials from the
Department of Water Resources (DWR), and Legislators addresses the DWR
Internet based auction for long-term electricity contracts. The following is
a transcription of the governor's comments:

     Governor Davis: "For the remarks on the long-term bidding contracts, I
am going to have Director Hannigan make those comments. I want to thank the
work of the  bipartisan team standing behind me. We are tied at the hip. We
are making progress. We are keeping the lights on. We are assuring people
that prices will be affordable and we are making real progress in securing
good, well-priced long-term contracts. I am very positively inclined as a
result of these bids. It is good news, I am enthusiastic, and it tells us we
can stay within our general parameter, which is to provide power within the
rate structure consistent with aggressive conservation and aggressive
efforts to put more supply on line. This, as you know, is at least a three
corner billiards shot, it may be more difficult than that. But so far the
signs are positive, I want Director Hannigan to just give you a brief
summary of the results of the bidding process and then I will give you a
couple more comments and then I will ask the legislative leaders to add
their commentary."

     Director of the Department of Water Resources Tom Hannigan: "Thank you
Governor, as the Director of the Department of Water Resources, I am given
responsibility for trying to keep the lights on. Our fundamental
responsibility here is to purchase power at the best possible prices for
California consumers and businesses, and to protect the state's ability to
purchase power at the best price. We are only able to release general
information about the bid opening today. There were 39 bidders, the majority
of them were compliant, the weighted average which included all of the times
of the days and nights of the year except for super-peaks was 6.9 cents per
kilowatt. The useful sample across all times of the day across the spectrum
of the year and we are quite pleased with the initial results. I look
forward to looking through bids and developing some long-term contracts."

 Governor Davis: "I would like to make a further announcement of three
people who have been advising me over the last several days, one is Mike
Peevey, who is serving as my unpaid special advisor on a whole range of
matters. He has had a discussion with the CEOs of the two utilities in
question, he has sat in several meetings, he has a long history with the
energy business, of which he is no longer a participant in or a shareholder
in. His advice and counsel is very much appreciated and I thank him for his
assistance thus far and what I know will be future assistance of great
consequence.

   "I also want to announce David Freeman, the General Manager of the Los
Angeles Department of Water and Power, has agreed to serve on a short-term
basis, probably a month to six weeks, as a consultant for the Department of
Water Resources. His job, working with Mike Peevey in this instance, is to
get the very best possible deal for the ratepayers of California. His job
will be to take the most favorable bids that came in today and consummate
those into contracts to have unilateral discussions -- assuming we get the
authority to do that -- for more good bids and if necessary, to go out and
request more bids.

     "As anybody knows, in the power business you don't try and acquire all
your long-term power at once. It's done sequentially over time, that's the
methodology that assures the best price and best quantity of power for the
rate payer. Mike, I want to make clear, will be advising on a whole range of
issues, and in addition to that, he'll be working with David Freeman.
David's exclusive responsibilities will be to advise the Department of Water
Resources on additional long-term contracting and how to consummate the best
bids that were offered today.

     "Obviously if you have an average weighted price of 6.9 cents per
kilowatt hour, that means that there were some bids below that and some bids
above that. We hope we  will be able to consummate contractual relations
with some of the bids that were below the average price, as well as move
aggressively forward in the future.

 "The final name, I am very pleased to say that we have been consulting with
is Frank Zarb. Frank is the CEO and chairman of the NASDAQ and he was
President Ford's energy czar during the first oil and gas price crisis in
the 1970's. He has subsequently been the CEO of Smith Barney, and he has
years of experience in the utility business. He was tasked by Governor
Pataki last year to be the temporary CEO of the Long Island Power and Energy
Authority. He is well-versed in this area, and he will  be advising us on a
range of matters, including ways in which to keep the utilities viable in
the future and keep us appraised of market and financial expectations in
that regard. These three people have been advising us in the recent days and
will continue to do so.

     "With that I would like to call upon..." (members speak)

     Question and Answers:

     "Thank you, we'll be happy to take a few questions."

     Question: "Will these bids assure that you'll be able to provide
electricity without raising rates?"

     Governor Davis: "That has been my hope and it continues to be my
expectation. This is a very good step. Obviously we have a way to go to
finalize the best bids made
     today and to secure additional power to complete the entire profile
necessary. This is a very good step, and all of us are pleased with the
preliminary results."

     Question: "It's not an assurance though, the bids aren't so good that
you are sure that you'll be able pull this off without a rate increase."

     Governor Davis: "No, but that continues to be my hope and expectation.
There was nothing about the bidding process that discourages me, everything
encourages methat we can live within the framework we've all described.
Everyone has mentioned the three component parts -- Native Generation, QF's
and what we call the net short. And the first two are well within the rate
structure and it's our expectation that we can get the third piece within it
as well."

     Question: "Governor, was there enough power bid in the short term to
keep the lights on say to February without going into the spot market?"

     Governor Davis: "Let me ask Mr. Hannigan. As I said, I want to protect
the integrity of the bid process. That's why the only information I asked of
the Director is the information he's already described to you, so you're
going beyond my pay grade at the moment, I have to call on the Director."

     Director Hannigan: "Well as I said at the outset, I have not seen the
bids and I don't know what the numbers are. It is a sealed bid process and
we're respecting the
     integrity of that. But we have been buying power both on the day ahead
market and the real time market, hourly market, real-time market. It's a
function of trying to work
     these generators down, get them to sell us power at the cheapest price
we can get from them, and through that we hope to make it through the first
of February. I think
     we're looking a little farther than that."

     Question: "The Legislature has set aside money to get us through
February 2. My question is whether these contracted governments."

     Director Hannigan: "These contracts really don't relate to the
short-term getting through that time frame."

     Question: "When does the long-term begin?"

     Director Hannigan: "Well the long-term begins, of course, when the
contract date suggests they begin, but we don't know what that will be at
this point. It could be in a
     week, it could be shorter. Some of them it could be longer, it depends
on how long it takes to negotiate them with them and what kind of terms you
get."

     Question: "Do you think based on these numbers that you could reach the
point described frequently as 5 1/2 cents?"

     Director Hannigan: "I don't know that. That is the same question as can
you reach a point where you don't raise the rate."

     Question: "That apparently is the point in which you don't raise the
rate?"

     Director Hannigan: "Yeah, so I don't know that Dan."

     Unknown Speaker: "I don't know that that is correct. Built into that
presumption is that you don't get any relief on the QF's which we're now
paying between 16 and 19
     cents to the extent that you get relief on the QF's then that 5 1/2
cents can raise without a rate increase."

     Question: "Does that mean that, Hertzberg, you don't need your
front-loaded program which leaves the bonds up front to cover the initial
cost? You don't need the
     program at all?"

     Speaker Hertzberg: "No, I think you do in order to use revenue bonds to
pay for the near term. Obviously, yes, the answer is yes, you do need it. It
will be smaller."

     Question: "The near terms are going to need those revenue bonds?"

     Speaker Hertzberg: "Well yeah, you need them to take out that bump in
the near term. But how many bonds you issue depends upon what these prices
are. But yeah,
     you are going to need some facility clearly just as a means to collect
the money back from the customers. There still has to be some mechanism in
place to do that."

     Question: "Governor do you agree with having to use revenue bonds up
front?"

     Governor Davis: "I believe it is an appropriate mechanism, we'll have
more to say about that in the next couple of days, but we have been in
constant contact with all the
     people behind me as well as Assemblyman Campbell, who we were visiting
earlier tonight. And we understand that what we're looking forward to is
essentially price
     stabilization. So in the short-term, price paid by energy customers is
going to be less than the actual price of energy. In the long-term, the
     price of energy will fall but the price will remain constant to the
consumers. It is our collective expectation that if we can tell the business
and residential consumers of the
     state that their price will stay relatively stable over a sustained
period of time, that they will see that as a good deal. Do you understand
what I'm saying? Obviously if you
     look at the spot market, you can see today's prices considerably higher
than the 5 to 5 1/2 percent range that we originally thought was necessary
to stay within the
     current rate structure. Because the negotiations led primarily by
Senator Battin and Assemblyman Keeley were so successful in the QF part of
the equation, we have a
     little more flexibility on the long-term contracting although not a lot
more flexibility.

     Question: "Is there enough energy bids to cover the net short
positions? Especially this summer?"

     Governor Davis: "It is my understanding that we had a very
representative bid and that's the only information that we've been shared...
We had a good deal of power bid
     for and it was a very good sample and certainly one that gives us all
optimism."

     Question: "What I mean to ask is this 10,000 Kilowatts or Megawatts
that possibly the state's looking for? Is it enough to cover that gap?"

     Governor Davis: "As I said before, it would be a mistake. I'm talking
in general terms now. It would be a mistake for the state to try and acquire
all its power at once. That
     would drive up the cost and saddle the taxpayer with higher costs than
are necessary. The Department of Water Resources knows that and they are
proceeding
     appropriately."

     Question: "Governor, just for our viewers very simply, is it reasonable
to expect that some of these long-term bidding contracts will start next
week? Next month? When do
     you think?"

     Governor Davis: "We're hopeful to get authority from the Legislature
within a week to begin consummating the better proposals that were received
today. Under the
     guidance and advice from Mike Peevey and David Freeman, we expect the
Department of Water Resources to move aggressively to enter into unilateral
arrangements
     with other potential bidders, go back to ones whose bids were initially
rejected to see if we can negotiate better prices. We're on this like white
on rice, we are determined
     to get the best prices as soon as we can. But it is a mistake to try
and get it all done within a week. We'll end up paying more for it than we
have to."

     Question: "Is there any possibility that you'll run out of cash before
you sign the contract?"

     Governor Davis: "It's my expectation and hope that we will not. We have
obviously emergency authorities so we can draw upon but it is my expectation
and hope that we
     can live within the resources allocated to us on a short-term basis and
then have the authority to switch over to long-term contracting."

                                                             ###

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499


John:

The reason for the large Vega numbers on the TopPage report, while there were
no corresponding changes in the Volatility curves, is due to the change in
the mid. price for the current day versus the prior day. The corresponding
volatility skews that are added to the vols. for the 2 days is causing the
large vega numbers.

For example, for deal number QV5087.2 (exp. date 01-Jan-2002):

  Current Day  Prior Day
Mid. Price 5.885   5.772
Strike Price 3.5   3.5
Mid - Strike 2.385   2.272
Vol.  0.555   0.555
Vol. Skew 0.03816   0.03635
Actual Vol. 0.59316   0.59135

Option value for prior day using current day's vol. =  7,616,935
Option value for prior day using prior day's vol.     =  7,547,238
Vega                =  69,697

Thank you,
Jeremy
x3-0573


Agreed.   Actually, I think you are being too aggressive.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Monday, July 02, 2001 2:04 PM
To:	Presto, Kevin M.
Subject:	RE: Meeting

New business Ventures is Ader's group - outside of and separate from what is considered traditional EES.  Included in New Business Ventures are:  Reliable Power, Corporate Development, The New Power Company, and Acquiaition and Sourcing (or, "structured supply").  It has been represented throughout their org that this is a "new business opportunity"

Re: any further discussion of price curves we will use in these transactions, I am prepared to utilize Mid curves at best.  Reasons are as follows:

I bear the cost of wholsale hedge unwinds (at the bid)
Resisdual Risk - These transactions do not completely absolve me of any and all risk
Slippage/Curve Shift - Unless they do back-to-back deals I will incur some curve shift - essentially a hedge unwind cost or "slippage"
Firm LD risk - curves reflect LD pricing vs. probable inferior products

In the event that we can take 100% of a porfolio risk segment off of our books, meaning sell a complete piece or area of our portfolio, I may be able to do better than Mid but will still have to recover the costs of wholesale hedge unwinds.

If anyone can bring me products that mitigate congestion and ancillaries, I will be glad to discuss pricing those components aggressively (again, factoring unwind costs).

The problem is that this function does not have the appropriate commercial supervision in its current spot.  I received some outside feedback that when this group met with Reliant that their commercial leads were less than impressed by our lack of understanding of the commercial realities of the power markets.  I witnessed this first hand at AEP when our supply rep asked AEP if they would be open to any tolling arrangements in their region just to have AEP respond, "I guess you aren't aware that we don't really have any gas fired generation around here."

It is unfortunate to have to sit back and watch this when we see opportunity (including the opportunity to confirm a potential value play by investigating with other suppliers).
Ultimately this just costs the rest of the EES organization.

 -----Original Message-----
From: 	Presto, Kevin M.
Sent:	Monday, July 02, 2001 1:18 PM
To:	Herndon, Rogers
Subject:	RE: Meeting

Who called it a new business?

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Monday, July 02, 2001 1:11 PM
To:	Aucoin, Berney C.; Presto, Kevin M.
Subject:	FW: Meeting

Berney -

I would have Jim Wood attend as well while we are at it.  Bernstein's group needs to go through all of the channels a marketing deal goes through such as Product Development/Underwriting, etc.

I am still wondering though how supply purchases fits in with "New Businesses".

RH
 -----Original Message-----
From: 	Bernstein, Mark
Sent:	Monday, July 02, 2001 1:04 PM
To:	Aucoin, Berney C.
Cc:	Herndon, Rogers; Ader, Jeff
Subject:	Re: Meeting

Berney,

Good idea. I suggest we also invite Sean Holmes as one of the things we should discuss is how we price the backlog of deals in the pipeline given everyone's limited resources.

thanks,

Mark
3-7516

p.s. Ader is out tomorrow

From:	Berney C Aucoin/ENRON@enronXgate on 07/02/2001 12:07 PM
To:	Mark Bernstein/HOU/EES@EES
cc:
Subject:	Meeting

Mark

Rogers has asked me to coordinate a meeting for tomorrow (3:00 pm) with yourself, Jeff Ader, Rogers, Presto. Let me know your availability and we can firm up location.

Thx

Berney


Guys, do we have enough VAR to bring this position into the book?  If over
$5M in total exposure it has to go to Frevert/Whalley.

John, I assume that you have gone through the transaction and have approved.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/01/2001
12:20 PM ---------------------------

Janice R Moore
02/01/2001 09:06 AM
To: Janet R Dietrich/HOU/ECT@ECT
cc: Berney C Aucoin/HOU/ECT@ECT, Daniel Allegretti/NA/Enron@Enron, David
Gorte/HOU/ECT@ECT, David V Porter/PDX/ECT@ECT, David W Delainey/HOU/ECT@ECT,
Elizabeth Sager/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron, George
Wood/Corp/Enron@Enron, Jeffery Ader/HOU/ECT@ECT, Jim Meyn/NA/Enron@Enron,
John J Lavorato/Enron@EnronXGate, John Llodra/Corp/Enron@ENRON, Kevin M
Presto/HOU/ECT@ECT, LaCrecia Davenport/Corp/Enron@Enron, Mark Dana
Davis/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Rick Buy/HOU/ECT@ECT, Tracy Ngo/PDX/ECT@ECT, Zachary
Sampson/NA/Enron@ENRON, Janette Elbertson/HOU/ECT@ECT
Subject: Re: Draft DASH for CMP Standard Offer Deal

And here's the risk memo on this deal.  Still in draft form and based on the
state of play at the moment.

Regards,
Janice

EB3861
Assistant General Counsel, Enron North America Corp.
713-853-1794 (Fax:  713-646-4842)

	Janet R Dietrich
	01/31/2001 04:34 PM

		 To: John Llodra/Corp/Enron@ENRON
		 cc: Jeffery Ader/HOU/ECT@ECT, George Wood/Corp/Enron@Enron, Kevin M
Presto/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Berney C Aucoin/HOU/ECT@ECT,
Jim Meyn/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Daniel
Allegretti/NA/Enron@Enron, David W Delainey/HOU/ECT@ECT, John J
Lavorato/Corp/Enron, David V Porter/PDX/ECT@ECT, Rick Buy/HOU/ECT@ECT, David
Gorte/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT,
Elizabeth Sager/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron, LaCrecia
Davenport/Corp/Enron@Enron, Zachary Sampson/NA/Enron@ENRON, Tracy
Ngo/PDX/ECT@ECT
		 Subject: Draft DASH for CMP Standard Offer Deal

John, thanks for the update. I sat down with John Lavorato and Dana Davis
this morning to review the deal and get John's approval under the current
terms. He has approved the deal in it's current form however, to the extent
that we have any material change in the terms I'll need to be sure he's OK
with the changes in advance of any binding committment with Central Maine.
This is definitely a deal we want to do and given the anticipated
acceleration in the negotiations and possible execution, we need to be sure
that we're able to react and transact quickly. Dana Davis is obviously on
point for all pricing. For all others who have involvement here - please
ensure that you're on board with your piece of the deal as is, and available
to focus on any negotiated changes that may come up over the next couple of
days. Berney Aucoin will be on point for coordinating and managing all
internal pricing, approvals, etc., so be sure that Bernie can get ahold of
you if he needs to.

Also, for the DASH signatures, why don't you move both Kevin and I to
"Regional Management" and let Ader and Davis sign for Origination and
Trading.

Thanks and good luck!
---------------------- Forwarded by Janet R Dietrich/HOU/ECT on 01/31/2001
03:51 PM ---------------------------

John Llodra@ENRON
01/31/2001 11:50 AM
To: Jeffery Ader/HOU/ECT@ECT, George Wood/Corp/Enron@Enron, Kevin M
Presto/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Berney C Aucoin/HOU/ECT@ECT,
Jim Meyn/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Daniel
Allegretti/NA/Enron@Enron, David W Delainey/HOU/ECT@ECT, John J
Lavorato/Corp/Enron, Janet R Dietrich/HOU/ECT@ECT, David Port/Market
Risk/Corp/Enron@ENRON, Rick Buy/HOU/ECT@ECT, David Gorte/HOU/ECT@ECT, Janice
R Moore/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron, LaCrecia
Davenport/Corp/Enron@Enron, Zachary Sampson/NA/Enron@ENRON, Tracy
Ngo/PDX/ECT@ECT
cc:
Subject: Draft DASH for CMP Standard Offer Deal

All:

As some of you may be aware, we are in the process of negotiating with
Central Maine Power Company regarding the assumption of a portion of their
wholesale obligations associated with their Standard Offer Service load in
the State of Maine, covering at least March 1, 2001 - Feb 28, 2002.   We are
currently in the process of negotiating a contract and transaction terms.
They are simultaneously discussing same with other suppliers.  At this point,
there are a number of outstanding items (including numerous contract items
and credit arrangements).  However, we expect that the pace of the
negotiation process will be very quick over the next 1-3 days.   As an
example of how quickly things might move, CMP has indicated that the Maine
PUC is poised to hold deliberations and approve CMP's signing of a contract
within 24 hours of CMP/Enron agreement on contract terms (with updated firm
pricing to be supplied just prior to PUC deliberations and held open for
about 2-3 hours).

Key members of our negotiating team on this deal are as follows:

Origination/Marketing:  John Llodra, George Wood
Legal:  Janice Moore
Regulatory/Governmental:  Daniel Allegretti
Commodity Structuring:  Jim Meyn, Zach Sampson
Credit:  Edward Sacks, Tracy Ngo

Attached below is a draft of the DASH for this prospective deal.  Items
subject to change or still under negotiation are noted.   While this DASH is
prepared assuming we obtain a multi-year extension swaption, there is a
chance it may end up being a single year deal for the period Mar 1, 01- Feb
28, 02.   My intent in sending the DASH at this time is to familiarize you
all with the aspects of the deal at this point in time, to enable us to move
quickly to get internal approvals in the event we reach final agreement with
CMP over the next couple of days.  Once agreement is reached with CMP on
outstanding items, a revised DASH will be circulated.  Please feel free to
call me at 978-449-9936, or Jim Meyn/Berney Aucoin in structuring (5-3223,
3-4784) if you have any questions on the commercial structure or valuation to
date.  Thanks.

Regards
John


Just a note to let you know we have changed our fee structure with NGX.

As of April 1, we are no longer paying any fee for deals beyond the prompt
month.

Thanx,

Chris


Done

A

 -----Original Message-----
From: 	Holst, Keith
Sent:	30 October 2001 16:22
To:	Fairley, Andrew
Subject:	RE: Amerex - Scott Halprian

Sounds good.  I'll plan on arriving to the office just after lunch and follow your lead on the beers.

Keith

 -----Original Message-----
From: 	Fairley, Andrew
Sent:	Tuesday, October 30, 2001 10:02 AM
To:	Holst, Keith
Subject:	RE: Amerex - Scott Halprian

Keith,

If you would like to come in and see the office on the 9th I can sort that out no problem.
Scott was suggesting that you would be over, and that he would like to meet me with you at the same time.

Any interest in a few beers that night?

A

 -----Original Message-----
From: 	Holst, Keith
Sent:	30 October 2001 15:58
To:	Fairley, Andrew
Subject:	RE: Amerex - Scott Halprian

Andy,

Coincidentally, I will be visiting London November 9th-11th and thought I might visit Enron's offices.

I am unaware of Amerax's penetration into the UK energy markets, but they are among the top three in North America.  As far as brokers go, Scott does a good job.  He is straight forward and honest and consequently was getting the largest share of our business in the west.

If you are interested, I would be happy to introduce you to Scott during my trip.  My schedule is fairly flexible.

Keith

 -----Original Message-----
From: 	Fairley, Andrew
Sent:	Tuesday, October 30, 2001 9:13 AM
To:	Holst, Keith; Allen, Phillip K.
Subject:	Amerex - Scott Halprian

Hi guys,

We met last February when I was over in Houston and you kindly gave me some pointers as to how we in the UK can apply your experiences to the UK market.

I have had a call from Scott at Amerex saying he is moving to London to set up here.
He has said you would recommend him with a view to working our numbers here in Europe.

Would you be able to comment favourably or otherwise when you get a minute?

Many thanks

Andy


Have you sent our form of guaranty since we're wasting time reviewing several
different formats?  This should always be our first approach.  Also, you had
best advise the company that we will not provide an unlimited guaranty
(unless you've agreed otherwise). SS


Fine.  Coordinate with Jennifer

	From:  Jana Giovannini                           10/12/2000 03:02 PM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT, Shelly Butler/HOU/ECT@ECT, Charlene
Jackson/Corp/Enron@ENRON, Fred Lagrasta/HOU/ECT@ECT, Shelly Jones/HOU/ECT@ECT
Subject: Re: Sheila Chang

Jeff,
With this note, I am assuming that you would like to have Sheila go through
the scheduled Super Saturday for Rice on November 3rd-4th.  This will allow
several people to meet with her through interviews and she will also be able
to participate in the Friday night dinner with other Enron Executives.  I
agree that this is the best solution for Sheila.  If you have any additional
questions, please let me know.  Thanks so much.

Shelly Jones,
I understand from Shelly Butler that you have already set Sheila up in the
Rice Super Saturday in November.  Thanks.

To: Jana Giovannini/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT
Subject: Re: Sheila Chang

I'd like to have a few people meet her, but am confident in Jennifer's
ability to evaluate analysts.

Jeff

	From:  Jana Giovannini                           10/11/2000 05:15 PM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT, Shelly Butler/HOU/ECT@ECT, Charlene
Jackson/Corp/Enron@ENRON, Shelly Jones/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT
Subject: Re: Sheila Chang

Jeff,
Please see the notes below regarding Sheila Chang who was a summer intern
brought in from the Rice Leadership Program.  Interns that came in through
this Rice program did not go through the normal campus interviews by the A/A
Program.  The A/A Program would recommend that Sheila go through a round of
Super Saturday interviews just like all other Analyst off-cycle candidates.
This would allow other top Enron people to review Sheila and evaluate her
skill level.

With that said, I believe that Jennifer thinks highly of this individual and
the A/A Program could forgo the interviews it you agree to take Sheila in
your group for the first rotation.  Please confirm that you would like Sheila
to be made an offer from the A/A Program and that you will accept her in one
of the EGM groups upon graduation.  Thanks so much and if you have any
questions, please let me know.

---------------------- Forwarded by Shelly Butler/HOU/ECT on 10/11/2000 03:46
PM ---------------------------
From: Jennifer Fraser on 10/11/2000 01:18 PM
To: Shelly Butler/HOU/ECT@ECT
cc: Ted C Bland/HOU/ECT@ECT
Subject: Re: Sheila Chang

Shelly and Shelly:
I believe that Sheila should receive an offer now. She was one of the most
exceptional summer analysts. Based on this, I think she should get an offer
just any other top intern would have received one.
Thanks
Jen

	From:  Shelly Butler                           10/11/2000 01:14 PM

To: Shelly Jones/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT
Subject: Sheila Chang

Shelly,

Below is the information on Sheila as was described in my email this
morning.  I understand she will have to go through the Super Saturday process
just as any other Analyst would.  Will you please advise Jennifer on the
process and when Sheila will be participating?  Thanks so much for assisting
Jennifer in this effort.

Jennifer,

Shelly Jones is the Recruiting Manager for the Analyst Program and is
managing the current Super Saturday process.  She can provide more
information on hiring processes.

Thank you,
Shelly
---------------------- Forwarded by Shelly Butler/HOU/ECT on 10/11/2000 01:14
PM ---------------------------

	From:  Jennifer Fraser                           10/11/2000 12:30 PM

To: Shelly Butler/HOU/ECT@ECT
cc: Ted C Bland/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT, Jeffrey A
Shankman/HOU/ECT@ECT
Subject: Sheila Chang

Shelly:
 Per our conversation this morning, I have attached Sheila Chang's resume.
Sheila was a summer analysts in the Middle Marketing group. She was part of
the Rice Leadership Program. I have served as Sheila's mentor in this
program, which seeks to provide business internships for non-business majors.
I believe that programs such as this and their candidates are essential to
Enron as they provide a pool of academically diverse, bright individuals who
can think outside the box.

Sheila managed our EnronOnline Top 200 Natural Gas Users Project. She was
instrumental in ensuring the success of this project. By the time Sheila
left, we had signed up over 70% of the top US industrial natural gas
consumers. Sheila is an exceptionally quick study, as evidenced by her rapid
grasp of key derivative concepts and structures. Every week Sheila priced the
swaps and options for our customer newsletters. She also priced and helped
develop several customized structures for our clients. Finally, Sheila
demonstrated and exceptional work ethic that combined with all her other
attributes places her among the top summer analysts at Enron. I believe
Sheila should receive a full-time job offer from the program. She graduates
in May 2001. I am also prepared to offer Sheila a rotation in my group in
Global Markets upon her graduation.

If you need any further information, please let me know.

Thank you for your assistance with this matter.

Jen Fraser


Lindsay,

Bill Williams III, Manager of Portland's Real Time Desk, brought to my attention some changes that will need to be incorporated into the June budget figures.  Please remove Jesse Bryson, Mohamed Elafandi, and Monika Causholli from the budget as they are no longer in his cost center, 107302.  Also, please add Kate Symes.

Thank you.

Best regards,

Anna
503.464.3834


Friday, January 18, 2002    EC - OPEC   [IMAGE]   MORE EVENTS  - ADD NEW EVENT  - ADVERTISE  - FREE SYNDICATION      [IMAGE]  [IMAGE]      [IMAGE]   IN THIS ISSUE       [IMAGE]   [IMAGE]      [IMAGE]       New Listings   Featured Listings        Next Two Weeks   More Information         Look for events labeled "Register Online!" and REGISTER INSTANTLY. "Special Offer!" means a special discounted price for Energy Central Members!     Do you have a colleague that could benefit from the Conference Watch?  If so, please feel free to forward your copy in its entirety.    SGA Materials Management/Supplier Conference        SGA Materials Management/Supplier Conference 2/13/02 to 2/15/02 Albuquerque, NM. Presented by: Southern Gas Association. Provides a unique opportunity for interaction between the people who develop/implement supply chain strategies. Educational programs, powerful speakers and networking opportunities serve to enhance important purchaser/supplier relationships essential for success in the changing natural gas industry. Vendors must be SGA members to attend. Open to gas company non-members. Contact pdowney@southerngas.org 972-620-4026. http://www.southerngas.org/calendarinfo.cfm?cid=396       DistribuTECH 2002       Attend DistribuTECH 2002, the utility industry's leading event, February 27 - March 1, in Miami Beach, FL. DistribuTECH's conference is the definitive source for providing the most up-to-date information on current trends shaping the industry. The DistribuTECH exhibition features more than 260 companies on the cutting edge of technology and innovation. Register by calling +1-888-299-8016 or visit http://www.distributech.com .       Featured Listings      Building And Maintaining Customer Relations & Branding Strategies     01/29/02 - 01/30/02  San Diego, CA USA   Presented By: Active Communications International, Inc.   [IMAGE]     Energy Venture Fair II     01/29/02 - 01/30/02  Houston, TX USA   Presented By: Infocast   [IMAGE]     2nd Annual Caribbean Energy     01/31/02 - 02/01/02  Miami, FL USA   Presented By: The Center for Business Intelligence   [IMAGE]     Facility Energy Cost Management     01/31/02 - 02/01/02  New Orleans, LA USA   Presented By: The Center for Business Intelligence   [IMAGE]     Fuel Cell Dynamics 2002: Reality, Not Hype     02/06/02 - 02/07/02  New York, NY USA   Presented By: Allied Business Intelligence  [IMAGE]  [IMAGE]     CERAWeek 2002 - The New Face of Risk: Energy Strategies for a Changed World     02/11/02 - 02/15/02  Houston, TX USA   Presented By: Cambridge Energy Research Associates (CERA)   [IMAGE]     4th Annual Electric Asset Valuation     02/25/02 - 02/26/02  Houston, TX USA   Presented By: The Center for Business Intelligence   [IMAGE]     The Ratemaking Process     02/27/02 - 03/01/02  Atlanta, GA USA   Presented By: Southern Gas Association (SGA)   [IMAGE]     GLOBE 2002 International Conference & Trade Fair on Business and the Environment     03/13/02 - 03/15/02  Vancouver, BC Canada   Presented By: Globe Foundation of Canada  [IMAGE]  [IMAGE]     New Listings   These listings have been added to the Energy Central service since last week. Click on a title to view the full description in your web browser.       SCADA for Petroleum, Oil & Gas, and Water Sectors     02/05/02 - 02/06/02  Singapore, Si Singapore   [IMAGE]     Effective Chemical Procurement Strategies 2002 Conference     02/06/02 - 02/07/02  Singapore, Sh Singapore   [IMAGE]     Crystallization Operations     02/07/02 - 02/08/02  New Port Beach, CA USA   [IMAGE]     Materials Management/Supplier Conference     02/13/02 - 02/15/02  Albuquerque, NM USA   [IMAGE]     Distributed Generation Technology Seminar     02/19/02 - 02/20/02  Tukwila, WA USA   [IMAGE]     New Nuclear Power Plant Technology     02/19/02 - 02/22/02  New Orleans, LA USA   [IMAGE]     Risk-Based Inspection & Damage Mechanisms in Gas Processing/Oil Refinery Operations     02/25/02 - 02/26/02  Singapore, Si Singapore   [IMAGE]     5th Annual E Source Distributed Energy Summit     02/27/02 - 03/01/02  Boulder, CO US   [IMAGE]     Planning and Implementing Point-to-Point Microwave Radio Systems     02/27/02 - 03/01/02  Orlando, FL USA   [IMAGE]     The Ratemaking Process     02/27/02 - 03/01/02  Atlanta, GA USA   Presented By: Southern Gas Association (SGA)   [IMAGE]     The Merchant Power Development Institute     03/04/02 - 03/08/02  Atlanta, GA USA   [IMAGE]     The 2nd Annual Calgary Arctic Gas Symposium     03/07/02 - 03/08/02  Calgary, ON Canada   [IMAGE]     9th Annual E Source Energy Managers' Roundtable     03/10/02 - 03/12/02  Santa Fe, NM USA   [IMAGE]     Asian Coal Forecast 2002     03/11/02 - 03/13/02  Singapore, Si Singapore   [IMAGE]     Lube-Oil Blending Executive Seminar     03/11/02 - 03/12/02  Singapore, Si Singapore   [IMAGE]     Practical Project Evaluation: Capital and Operating Cost Estimation     03/11/02 - 03/13/02  New Orleans, LA USA   [IMAGE]     Principles of Substation Design and Construction     03/11/02 - 03/13/02  Madison, WI USA   [IMAGE]     Project Finance Week     03/11/02 - 03/15/02  New York, NY USA   [IMAGE]     High Voltage Electrical Safety OSHA Req 29 CFR 1910.269     03/13/02 - 03/14/02  Albuquerque, NM USA   [IMAGE]     ExecuNet for CXO     03/17/02 - 03/18/02  Tampa, FL USA   [IMAGE]     Advanced Management Workshop     03/26/02 - 03/28/02  Dallas , TX   [IMAGE]     High Voltage Electrical Safety OSHA Req. 29 CFR 1910.269     03/27/02 - 03/28/02  San Diego, CA USA   [IMAGE]     Burning PRB Coal: Risk Management Strategies & Tactics     04/09/02 - 04/10/02  Louisville, KY USA   [IMAGE]     International Energy Project Financing Conference     04/18/02 - 04/18/02  San Francisco, CA U.S.A.   [IMAGE]     Facility Forum 2002     04/21/02 - 04/24/02  San Diego, CA USA   [IMAGE]     Project Management     04/22/02 - 04/24/02  Baltimore, MD USA   [IMAGE]     Restructuring Transmission Operations     04/22/02 - 04/23/02  Alexandria, VA USA   [IMAGE]     9th Annual FORUM 2002     04/24/02 - 04/26/02  New York, NY USA   [IMAGE]     Crystallization Operations     04/25/02 - 04/26/02  Baltimore, MD USA   [IMAGE]     Live 2002     04/28/02 - 04/30/02  Anaheim, CA USA   [IMAGE]     Metering Americas     04/29/02 - 05/01/02  New Orleans, LA USA   [IMAGE]     Effective Chemical Procurement Strategies 2002 Conference     06/02/02 - 07/02/02  Singapore, Sh Singapore   [IMAGE]     Energy 2002 -- Hot Challenges, Cool Solutions Workshop & Exposition     06/02/02 - 06/05/02  Palm Springs, CA USA   [IMAGE]     3rd Annual Petro Business IT 2002     06/10/02 - 06/11/02  Houston, TX USA   [IMAGE]     20th Annual Coal Market Strategies Conference     10/14/02 - 10/16/02  Tucson, AZ USA   [IMAGE]         [IMAGE]  Infocast   Please click to visit this sponsor      [IMAGE]  [IMAGE][IMAGE]     Search For:    Name  Description   City  Organizer      Search by Topic: - ALL - Acquisitions Alternative Energy Business Managem... California Crisis Chemical Special... Coal Cogeneration Company Informat... Competition & De... Construction Deregulation Distributed Gene... Distribution Efficiency/Conse... Energy Management Energy Policy Engineering Environmental Financial Fuel Gas Human Resources Industry Structure Labor Legal Legislation/Regu... Load Shapes Marketing Mergers, Acquisi... New Technologies... Nuclear Oil Operations Outsourcing People Planning Plant Operations Power Marketing Pricing Public Power Rates Renewable Energy Request for Prop... Sales State Technology Telecommunications Transactions & A... Transmission Utility Billing Utility Business Utility E-Commerce Water Weather                               [IMAGE] [IMAGE]  The Energy Central Events Center delivers the most comprehensive listing of conferences, trade shows, seminars and classes relevant to power professionals.     Add New Event Listing   Edit Your Event Listing    Now you can allow Energy Central members to register for your event instantly! For more details, contact the Events Manager at eventsmgr@energycentral.com  or 800-459-2233.  For information on Featured Listings, Banner Advertising or Events Center sponsorships, contact Energy Central Sales at sales@energycentral.com  or 800-459-2233.      [IMAGE]    01/19/02 - 01/21/02  Renewable Energy for Rural Development  (Bangladesh)   [IMAGE]    01/21/02 - 01/22/02  FERC 101 & 102 San Francisco  (CA, USA)   [IMAGE]    01/22/02 - 01/25/02  5th Electric Utilities Environmental Conference  (AZ, USA)   [IMAGE]    01/22/02 - 01/23/02  Basis Trading With Natural Gas Futures & Options  (AL, Canada)   [IMAGE]    01/22/02 - 01/23/02  Distributed Generation Technology Seminar  (FL, USA)   [IMAGE]    01/22/02 - 01/23/02  Electricity Risk Management 101  (NY, USA)   [IMAGE]    01/23/02 - 01/25/02  Building New Coal-Fired Generation  (AZ, USA)   [IMAGE]    01/23/02 - 01/25/02  Energy Infrastructure in the Northeast  (MA, USA)   [IMAGE]    01/23/02 - 01/24/02  European Online Trading  (United Kingdom)   [IMAGE]    01/23/02 - 01/25/02  High-Temperature Fuel Cell Power Plant Systems  (SC, USA)   [IMAGE]    01/23/02 - 01/24/02  The 15th Annual Utility M&A Symposium  (NY, USA)   [IMAGE]    01/24/02 - 01/25/02  3rd Annual Stability Data Management  (PA, USA)   [IMAGE]    01/24/02 - 01/25/02  Portfolio Optimization for Electric Utilities Conference  (NY, USA)   [IMAGE]    01/24/02 - 01/25/02  Utility Billing  (NV, USA)   [IMAGE]    01/24/02 - 01/24/02  World Energy Security and Commerce Forum  (DC, USA)   [IMAGE]    01/27/02 - 01/30/02  Tailings and mine waste '02  (CO, USA)   [IMAGE]    01/28/02 - 01/29/02  6th Annual Profit from Merchant Plants  (TX, USA)   [IMAGE]    01/28/02 - 01/29/02  Investment Opportunities in Spain's Energy Industry  (Spain )   [IMAGE]    01/28/02 - 01/30/02  Validating Utilities  (NY, USA)   [IMAGE]    01/29/02 - 02/01/02  Basic Telephony and Digital Switching  (WI, USA)   [IMAGE]    01/29/02 - 01/31/02  Basics of Industrial Electricity  (NC, USA)   [IMAGE]    01/29/02 - 01/30/02  Building And Maintaining Customer Relations & Branding Strategies  (CA, USA)   [IMAGE]    01/29/02 - 01/30/02  Energy Venture Fair II  (TX, USA)   [IMAGE]    01/29/02 - 01/29/02  It's Only Time and Money  (CO, USA)   [IMAGE]    01/29/02 - 01/29/02  Natural Gas Basic Training  (TX, USA)   [IMAGE]    01/29/02 - 01/30/02  Successful business strategies for Stadtwerke  (Germany)   [IMAGE]    01/29/02 - 01/29/02  Transmission Executive Forum  (DC, USA)   [IMAGE]    01/30/02 - 01/31/02  Electricity - 101 Seminar  (FL, USA)   [IMAGE]    01/30/02 - 01/30/02  Electricity Basic Training  (TX, USA)   [IMAGE]    01/30/02 - 02/01/02  The 2002 National Electrical Code  (FL, USA)   [IMAGE]    01/30/02 - 01/31/02  Transmission Summit 2002: The Impact of New FERC Policies on the Future of the Grid  (DC, USA)   [IMAGE]    01/31/02 - 02/01/02  2nd Annual Caribbean Energy  (FL, USA)   [IMAGE]    01/31/02 - 01/31/02  Energy Risk Management Basic Training  (TX, USA)   [IMAGE]    01/31/02 - 02/01/02  Facility Energy Cost Management  (LA, USA)   [IMAGE]    02/01/02 - 02/01/02  Advanced Power Trading  (TX, USA)   [IMAGE]           Energy Central Corporate Sponsors        [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]     [IMAGE] [IMAGE] [IMAGE] [IMAGE]                [IMAGE]      HOME  | NEWSROOM  | EVENTS  | JOBS  | BUSINESS CENTERS  | DIRECTORIES  | DATA CENTER                Contact  sales@energycentral.com  or (303)782-5510 for information on FEATURING your event on this page. Your conference, seminar, or trade show listing  will be sent to more than 28,000 electric power professionals.       DIRECTIONS, INFORMATION AND COPYRIGHT NOTICE   This supplement to the Energy Central Daily News Service is provided FREE to qualified professionals in the electric power industry.   To  BEGIN receiving the Daily News Service directly, send a message with a subject of 'signup' to   service@energycentral.com .    If you do not wish to receive the Conference Watch, you may cancel your subscription at any time by using one of the three methods below:  Go to http://www.energycentral.com/sections/services/ , click on Email Management, then cancel your subscription. -OR- Reply to this e-mail with the word UNSUBSCRIBE in the subject line. -OR- Type in your e-mail address here: and click   This supplement to the Energy Central Daily News Service may be redistributed provided it is kept in its entirety.  COPYRIGHT NOTICE: This e-mail newsletter may be re-distributed or reproduced in it's entirety. You may print, forward via e-mail or place this on an internal network with no other requirements.   Copyright ? 1998-2001 by  CyberTech, Inc.    All rights reserved.  Energy Central
 is a registered trademark of CyberTech, Incorporated.  CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central.  Contact: 303-782-5510 or   service@energycentral.com   for information on subscribing/unsubscribing or visit  member services.            [IMAGE]


Jeff-

Stacy is out so I was wondering if you could look at this confirm and let me know if it is correct and ok to be sent out.  The language in the other section is what the trader wants added and she is wanting the confirm ASAP.  Let me know if you have any questions or comments.

Patrice-

If you could also look and let me know what you think.

Thanks
Richard
x54886


----- Forwarded by Tom Briggs/NA/Enron on 10/25/2000 08:01 AM -----

	RAISLERK@sullcrom.com
	10/25/2000 07:51 AM

		 To: tom.briggs@enron.com
		 cc:
		 Subject: Fwd: CEA Update Bad News

Senator Gramm's staff presented to the Senate Ag Committee Republican and
Democratic staff and the Democratic staff of the Senate Banking Committee,
Gramm's proposed changes to the CEA bill. This proposal is quite lengthy,
and includes many amendments most of which were previously discussed with
the House Agriculture Committee, some of which were included in House
Agriculture Committee Saturday Night Draft of 10/8/00. Because of the length
of the document we have only attached the summary that the Gramm staff
provided. In separate e-mails to follow we will send only the pages of the
House-passed bill that were changed by the Gramm proposal. As you know  some
of these provisions include matters objectionable to
Treasury, SEC, CFTC, Chicago and New York Exchanges. Essentially the Gramm
staff has included proposals which would allow retail and agency
transactions as well as language designed to solve the Blackbird problem.
As you also know the view of the Agencies and the Ag Comm is that  some of
these exclusions create loopholes which can allow some market participants
to avoid the new Single Stock Futures regulatory design, the CFTC oversight
of the energy market, and go far beyond the recommendations of the
President's Working Group.
The staffs of the Banking and Agriculture Committees have agreed to meet
tomorrow late morning. We believe at that time the Agriculture Committee
will propose a counter-offer which while addressing the Gramm major concerns
will not adopt his proposal but instead rely on the Treasury proposals. If
Senator Gramm is willing to work off this alternative a negotiation may
result, otherwise it is unlikely that any agreement with Gramm will be
reached. The Agriculture Committee is disinclined to repeat the debates held
in the House Agriculture Comm. consideration of the bill. We welcome your
reaction to the proposal. If you have questions or comments
please do not hesitate to call Mary (973-5907), or George (973-5920). <<Gramm
Summary.pdf>>

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

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.

 - Gramm Summary.pdf


We have 1 Mainline to Leach contract on CGLF

k# 38070 54,479 dth.


Cheryl:

1. & 3.    You should verify wtih Cheryl Lewis whose information is in Lotus
Notes.  I do not have correct spelling of name or her fax number.

2.  Officers need to be confirmed through the Enron Corp. corporate
secretary's office.  See the separate email I just sent you.

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

	Cheryl Nelson@ENRON
	Sent by: Cheryl Nelson@ENRON
	04/02/2001 04:45 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Stephanie Panus/NA/Enron@Enron
		 Subject: Enron Credit Inc.

Sara, I have stopped by your office but you are not around.  Please provide
the following information/clarification in light of your conversations with
other folks:

1. We do not have to send Bear the Officers/Traders list and other documents
with the agreements to get things moving?

2.  If we do, then who do I contact or ask Richard Sage to contact to get
this information re: the correct slate of officers updated?  No one has
advised me of these steps.  And actually, if we have to do this, I would like
Stephanie to take the lead on finishing her work on this part of the project.

3. Re: this attorney Cheryl at Bear  that you have talked to -- what is her
full name, phone, and fax?

Thanx.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693


Please get a hold of John sometime today to get these deals approved.  Leaf
did a cut wrong and I had to change them after the approval deadline.  These
deal with a cut from the 21st.

The deals that need to be approved are Enpower#'s 464394,464390 and 466378.

Thank you for your help.

Holden


Vince -
Tim Despain asked me to forward this information to you as part of the effort
to establish Enron's cost of capital.  If you need any additional information
or clarification, feel free to give me a call at x57538.
CF


Enron North America Corp.

	From:  Rebecca A. McDonald @ ENRON                           02/18/2000 05:51
PM

Sent by: Enron Announcements@ENRON
To: All Enron Worldwide
cc:
Subject: Paul Quilkey

Please join me in congratulating Paul Quilkey in his new role as Vice
President leading our efforts in Australia.  Joe Hirl has assumed a leading
role in the formation of our business in Japan.  Joe also has regional
responsibility for trading activity.

Paul's appointment is in recognition of the critical role Paul has played in
Enron Australia's successful commencement and the body of outstanding work he
has accumulated to date in his career with Enron. It is worth noting that
Paul joined Enron as recently as the Associate intake of 1995.  In the short
time since then Paul has developed and grown through various positions to his
current Trading and Origination role, a position of great responsibility in a
dynamic young business making aggressive inroads into the Australian market,
and far from Enron's traditional US markets.

Please join me in congratulating Paul on his appointment.

Rebecca


Here you go!


In case you missed this article, here is a copy.

Peggy Mahoney


Rick will hold a conference call on Friday, October 26 to update everyone on what has transpired since last Friday's department call.  The call will take place as follows:

Date:		Friday, October 26

Time:		3:00 PM (CDT)

Number:	1-800-283-1805 (domestic)
		703-736-7385 (int'l)

Location:	ECN 4701 (for those in Houston)

Thanks and please call if you have any questions.

Ginger Dernehl
Administrative Coordinator
Global Government Affairs
Phone# 713-853-7751
Fax# 713-646-8160


Looks fine to me.

Kay

Ben F Jacoby@ECT
05/11/2001 12:49 PM
Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Navigant Letter Re: GE 7FAs


NNG Gomez Plant, Site Cleanup has been completed.  All activities associated
with the items identified during the sale of the facility have been
corrected.
Becuse ET&S  owns and WGR operates, there is a concern that WGR may not
adhear to compliance and housekeeping  at the facility.  This has been the
case in the past.  Discussions will be held with Enron Legal to address these
concerns.

 TW Bell Lake Gas Plant, Ground Water Remediation.  A revised Water
Development Easement from the State Land Office was received. This will allow
TW access to install one additional downgradient groundwater monitor well.
The tentative schedule to install the well will be the week of September 13th.

A construction permit application for installation of an SVE remediation
system for the North Crawar C/S was mailed to the TNRCC.

The State of New Mexico conducted an air quality inspection of the Atoka No.
2 C/S.  No items or deficiencies were identified by the agency.

The Title V air permit application for the Atoka No. 3 C/S was mailed to the
State of New Mexico, Air Qualtiy Bureau.

The Notice of Intent air permit application for the Crawford C/S was mailed
to the State of New Mexico, Air Quality Bureau.

Annual blanket request letters were submitted to the USFWS in New Mexico and
Texas for renewal.

A meeting was held in Houston with John Woodyard of Roy F. Weston and ET&S
mgt. addressing PCB activity in natural gas pipelines as related to the
PG&E PCB Topock Lateral issue.


Stephanie:

Can we get the SITA blackline out today?  We should put ENE guaranty in line
for execution and let's push Clem for Friday at the latest.

Also, Matt Dawson has requested copy of latest docs AND he cannot locate the
executed P/A.  I think you should try tax.

Let me know if you need my help.

Sara

----- Forwarded by Sara Shackleton/HOU/ECT on 12/12/2000 08:17 AM -----

	"Susan Hopkinson" <susan.hopkinson@lovells.com>
	12/12/2000 03:08 AM

		 To: <Clement.Abrams@enron.com>
		 cc: <Sara.Shackleton@enron.com>
		 Subject: Re: Enron Corp. guarantee

CONFIDENTIALITY This e-mail and any attachments are confidential
and may also be privileged. If you are not the named recipient,
please notify the sender immediately and do not disclose the
contents to another person, use it for any purpose, or store
or copy the information in any medium.
----------------------------------------------------------------

Clement and Sara
Thank you.? Please would you send me the final version  Guarantee and
Schedule to the ISDA Master Agreement marked to show changes so  that I can
approve them?
Many thanks for your assistance
Kind regards
Susan

>>>  <Clement.Abrams@enron.com> 12/12/2000 01:23:50  >>>
Susan,

As it relates to Rider A, Enron Corp. can agree to  the proposed language.
Please feel free to give me a call at (713)  853-5986.

Regards,

Clement

----------------------------------------------------------------
Lovells (the merged firm of Lovell White Durrant and
Boesebeck Droste, practising as Lovells Boesebeck Droste in
some jurisdictions) is an international law firm.

In the event of any technical difficulty with this email, please contact
the sender or the London Technology Department on +44 (0) 20 7296 2000.


David:
Per my voice mail I have bolded the sections of the CA that I want you to
look at.  One is a description of the info that they are providing to us.
Carol


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/11/2000
02:26 PM ---------------------------

	Enron North America Corp.

	From:  Colleen Sullivan                           08/11/2000 12:36 PM

To: Mark Breese/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT, John
Griffith/Corp/Enron@Enron, Mike A Roberts/HOU/ECT@ECT, Robert
Superty/HOU/ECT@ECT, Sandra F Brawner/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT,
Zimin Lu/HOU/ECT@ECT, Stephanie Miller/Corp/Enron@ENRON, Vince J
Kaminski/HOU/ECT@ECT
cc:
Subject: Shak's 6th Annual Post Labor Day Poker Tournament

FYI--
I don't know if any of you like to play poker, but if you do, take a look at
the invitation below.  This is a fun party my hubby does every year and we
usually have a handful of Enron people , along with alot of our friends, and
friends of friends.  If you want to come or want more info, just let me know
(or better yet just send an e-mail to Paul at shak@ev1.net).  You are welcome
to invite anyone--just let Paul know so he has an idea of the number of
players.

Just for your info, it's a real simple tournament where only two games are
played, and the most money you can lose is $100.  The amount you can win
depends on the number of players, but last year's winner won $1471 (with 29
players).  The tournament starts at 2:00 and lasts well into the evening.  We
have people from all walks of life, including a couple of police officers who
usually play, and everyone has a good time.

You are welcome to tell other people in your groups about this if you think
they'd be interested--I just sent it to a few people.....

---------------------- Forwarded by Colleen Sullivan/HOU/ECT on 08/11/2000
12:18 PM ---------------------------

Paul Shaklovitz <shak@ev1.net> on 08/10/2000 12:22:53 PM
Please respond to shak@ev1.net
To: Miguel Prado <miguel.prado@sw.boeing.com>, John Maler
<jmaler4640@aol.com>, Bob Young <elvis8715@aol.com>, Cass Landry
<cass.landry@dowjones.com>, Cass Landry - Home <clandry@ev1.net>, Vishal Apte
<Vishal.Apte@enron.com>, Sanjay Gupta <Sanjay.Gupta@enron.com>, Dennis Psota
<dpsota@tycoepg.com>, Bob Donalson <bdonalson@tycoepg.com>, Joe Downing
<jdowning@tyco.epgcom>, Mark Bujnoch <alvinbuj@aol.com>, Lam Campbell
<lam.campbell@bently.com>, Jeff Nolen <jcnolen@worldnet.att.net>, Andrew
Conner <Andrew.Conner@enron.com>, Mike Finke <mfinke@neighbornet.net>, Ralph
Aulds <raulds@aulds-garner.com>, Gary French <cherronef@pscasc.com>, Mark
Gribble <mgagcrosby@aol.com>, Bear <thecybear@email.msn.com>, Mark Flahaut
<mark.flahaut@bently.com>, Bill Ward <wcwjr@pdq.net>, Steve Poore
<smpoore@hotmail.com>, Stephanie Romo <sromo@deer-park.isd.tenet.edu>, Parker
<slasher@pdq.net>, Judy Goslin <jgoslin@tycoepg.com>, Colleen
<Colleen.Sullivan@enron.com>, Chris Buxton <cbuxton@tycoepg.com>, Ed Ross
<eross@tycoepg.com>, Chuck Goslin <cgoslin@tycoepg.com>, David Paradis
<dparadis@tycoepg.com>, Paul Marinshaw <pmarinshaw@ev1.net>
cc:
Subject: Shak's 6th Annual Post Labor Day Poker Tournament

POKER TOURNAMENT AT SHAK'S HOUSE
SATURDAY, 9 September 2000, 2 PM SHARP!

It's poker tournament time again!? Only e-mail invitations are being sent
this year, so if you
know any one who was not there last year or anyone who does not have an
e-mail account,
please let them know about it.

We have room for 42 players and we hope to fill every seat.? The bigger the
pot, the better!!
Please RSVP by e-mail to shak@ev1.net or by phone at 281-482-3920.? An
accurate count
sure helps with the food and beer planning since, as usual, we will feed you
all well as you play.
Last year we had 29 players--at the end of this e-mail there is a recap of
last year's results--
who won how much in the tournament as well as the Calcutta pool.? Below you
will also find the
rules for this year's tournament.

Please call or e-mail if you need directions.? I will send an e-mail reminder
about one week before the
tournament.? Although the rules are set for this year's tournament, before we
start play there will be a
vote on whether or not to add a third game (Omaha), and a few other possible
rule changes for the 2001
tournament.

REMEMBER:
YOU CAN ENTER THE CALCUTTA POOL WITHOUT BEING A PLAYER (although we encourage
??? anyone and everyone to play!!)
WOMEN ARE ALLOWED TO PLAY!? We haven't done too well in this category for the
first 5 years,
??? but feel free to invite your girlfriends, spouses, friends, etc. (Just
don't invite your spouse and girlfriend!!)
IF YOU KNOW SOMEONE WHO IS HESITANT TO PLAY, BUT WANTS TO WATCH,
?? INVITE THEM TO COME TO THE PARTY FOR AWHILE (then maybe we can take their
money next year!)
PLEASE BE ON TIME (We want to introduce everyone for the Calcutta pool and
that takes awhile!)
IF YOU SAY YOU WILL BE HERE--BE HERE (Otherwise we end up waiting for people
who never show)
WE WILL PROVIDE FOOD AND BEER (your basic beer, but feel free to bring more
if you want)
THERE ARE PRIZES FOR THE 1st 4 OF A KIND AND THE 1st ROYAL STRAIGHT FLUSH!!
?? ($25 for the 4 of a kind, and a free round trip ticket to Las Vegas for
the Royal Straight Flush)

RULES:
* 1st buy = $50, optional 2nd = $25, optional 3rd = $25
* MAXIMUM OUT OF POCKET FOR POKER, $100
* Progressive ante/bet
* Dealers Choice:? Texas Hold 'Em or 5 Card Draw
* Table Stakes
* No one can be bought out of a hand
* 3 Raises
* Check then raise permitted:? Hold 'Em only
* If owner of the last place player is that player, that portion of the pool
goes to 1st
?? place owner for Calcutta pool
* Flipped cards must be burned
* Continuous play is required
* NEW RULE - A player's cards can be shown to absolutely no one else
?? unless everyone else sees them.

MINIMUM ANTE / BET:
Hour 1????????? $1
Hour 2????????? $2
Hour 3????????? $5
45 Minutes????? $10
45 Minutes????? $25
45 Minutes????? $50
45 Minutes????? $100
30 Minutes????? $200
30 Minutes????? $400
30 Minutes????? $800
Ante/Bet doubles every 15 minutes thereafter if needed

POKER PAYOFF:
1st???? 55%
2nd???? 20%
3rd???? 15%
4th???? 10%

CALCUTTA PAYOFF:
1st???? 55%
2nd???? 25%
3rd???? 15%
Last??? 5%

SHAK'S 5th ANNUAL (1999) POST LABOR DAY POKER TOURNAMENT RESULTS
Twenty-nine people played in 1999.? Mike Straka, returning 1998 poker
tournament champion, came to defend his title, but fell short at 11th place.?
Brian Stehling won the tournament and more importantly, the coveted first
place trophy.? Oh yeah, by the way, Brian,s winning share of the poker pool
was $1471.? One of the rookies, (well, actually a ringer brought in by Cass
Landry) won second place--Steve Poore took home $535.? Third place was won by
another rookie, Robert Sanchez, making him $401 richer.? And I, the
tournament sponsor (Shak), won fourth place and $268*yes, I actually won a
game this year!

1999 CALCUTTA RESULTS
The Calcutta pool was worth a stunning $886 in 1999.? First place player
Brian Stehling, who sold for $35 to Bob Donalson, was worth $487.? Steve
Poore came in second and was owned by his wife, Laura Poore, who paid $27 and
collected $266*I guess they,re not so &Poore8 any more!? Miguel Prado owned
third place winner Robert Sanchez and paid $23.? At least he took home $89 in
the Calcutta pool, since he didn,t fare quite so well playing poker.? John
Maler gave up the position? of LAST PLACE and improved this year to 15th.?
Miguel Prado stole the &first-out8 honors and was owned by Brian Stehling &
Parker Garcia.? For the honor of owning LAST PLACE Miguel Prado and paying
$25, Brian & Parker got to split $44.

1999 DOOR PRIZE RESULTS
This year we had two door prizes, but we were only able to give one away*
well, we kinda, gave it away.? I (Shak) won the first Four-of-a-Kind prize of
$25 cash.? No one was lucky enough to get a Royal Straight Flush, so the free
round trip ticket to Las Vegas will be available in the year 2000 tournament.
?


The following expense report is ready for approval:

Employee Name: Richard S. Shapiro
Status last changed by:  Automated Administrator
Expense Report Name: RS102601
Report Total: $4,407.80
Amount Due Employee: $4,407.80

To approve this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


I hope this works - I tried to tie all to the specific confirms.


Sharon Brown
ETS Gas Control
713-853-5660


I believe this message was intended for Susan M Scott of ENA; I'm with ETS
Legal.

	From:  Russell Dyk                           12/08/2000 09:36 AM

To: Sheetal Patel/HOU/ECT@ECT, Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Super Saturday Dinner

Apparently they now have more people than they know what to do with, so none
of us are needed. Thanks anyway, Susan, for offering to fill in and, Sheetal,
for extraordinary networking.


Please find enclosed a draft presentation for the Q2 - QBR scheduled for
August 29.  In addition we are preparing a summary of our debt / equity
investments as well.  This information will be available for distribution
tomorrow.  Please advise any comments. Thanks.
---------------------- Forwarded by George McClellan/HOU/ECT on 07/31/2000
12:40 PM ---------------------------

Victoria Spencer@ENRON
07/31/2000 01:13 PM
To: George McClellan/HOU/ECT@ECT
cc:
Subject: presentation

George- Assuming there are no more changes, here is the final version of the
presentation.  Please let me know if you need anything else!

Victoria


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 01/10/2001
07:22 AM ---------------------------

David Ryan@ENRON
01/02/2001 10:56 AM
To: hunter.s.shively@enron.com
cc:
Subject: European 10 jet stream heights

We have only the heights for now - maybe someday we'll see days 8 and 9.
Good luck,
Dave

http://www.sca.uqam.ca/models/
http://www.sca.uqam.ca/models/ecmwf_amer/cep00_9panel.gif


The Q&A will follow - I need to get release out.

Scott


---------------------- Forwarded by Mary Hain/HOU/ECT on 02/01/2001 10:16 AM
---------------------------

Cynthia Sandherr@ENRON
02/01/2001 07:26 AM
To: Linda Robertson/NA/Enron@ENRON, Tom Briggs/NA/Enron@Enron, Joe
Hartsoe/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT, craiggannett@dwt.com, James
D Steffes/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT
cc:
Subject: Re:Questions you requested

Linda:  Mary Hain and Tim Beldon have been working with Oregon PUC
Commissioner Ronnie Euchas on electricity information disclosure.    From
yesterday's hearing, there was some consensus to include legislative language
in the energy bill to address transparancy issues.  As you know, Senator
Wyden and Steve Kean had a positive exchange on this issue during the hearing
due to the questions we had drafted.  I can work on the bipartisanship issue
and gain support for federal bill inclusion from Murkowski, but we need a
state federal nexis on drafting the legislative language to assure it meets
both the federal and state needs.  please advise.  many thanks.
----- Forwarded by Cynthia Sandherr/Corp/Enron on 02/01/2001 10:25 AM -----

	Joshua_Sheinkman@wyden.senate.gov (Joshua Sheinkman)
	02/01/2001 10:03 AM

		 To: Cynthia.Sandherr@enron.com
		 cc:
		 Subject: Re:Questions you requested

Cynthia,

Thanks for getting me the Q&As for the hearing.  Senator Wyden is interested
in
following up on the issue of electricity information disclosure and would like
to work with Enron on this.  I would appreciate any input you could provide on
how best to go about this through legislation, what sort of information should
be disclosed, to whom and when, whether financial information as well as
operating information should be included, and any suggestions for a Republican
on the Committee who you think would be good for Senator Wyden to work with on
legislation.

Thanks again for your help and I look forward to working with you further on
this.

- Joshua


nasdaq is scary!  you think we could lose another 30% of what we have in
there??  should we just leave it in for the long term and wear all the pain
now?


Hi Louis:

We will take it!

Listed below are the individuals that will be using the spot.

June 1st - July 30th  Vince Kaminski
July 31st - August 18th  Matthew Williams (London)
August 21st - Sept. 15th  Steven Leppard (London)
Sept. 18th -  Oct. 13th  Kirstee Hewitt (London)
Oct. 16th - Nov. 10th  Ben Parsons (London)

June 1st - July 30th should be billed to Vince Kaminski - Co. # 0011 and
RC#100038
July 31st - Nov. 10th should be billed to the London Office - I have
requested their Co# and RC# and will forward it to you when I get it.

Thanks Louis!

Shirley Crenshaw
3-5290

LOUIS ALLEN @
ECT
06/01/2000 10:11 AM

To: Shirley Crenshaw/HOU/ECT@ECT@ENRON
cc:
Subject: Re: Parking Space at 777 Clay Street for Summer Interns

Hi Shirley,

I have one(1) space available at  777 Clay garage.

Please let me know who the summer intern is thats needing a space.

Please advise asap.

thanks,Louis

Shirley Crenshaw@ECT
05/15/2000 11:36 AM
To: Louis Allen@Enron
cc:
Subject: Parking Space at 777 Clay Street for Summer Interns

Good morning Louis:

We would like to requst a parking spot at 777 Clay Street for the months of
June, July, August and September.

We will have 3 employees from the London office that will be rotating on
special assignment to our group.

Is there a way that we can go ahead and reserve the spot and I will let
you know the car information and driver information as they come?

Our Co. # is 0011 and our RC# is 100038.

Thanks!

Shirley
3-5290


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/23/2000
06:28 PM ---------------------------

Keith Alan Baggerly <kabagg@stat.rice.edu>@stat.rice.edu on 05/23/2000
09:46:41 AM
Sent by: kabagg@stat.rice.edu
To: Vince.J.Kaminski@enron.com
cc:
Subject: address

Vince,

thanks for chatting with me yesterday! Just a brief note
about info we talked about that I would find useful:
a) your papers
b) the latest version of Managing Energy Price Risk
c) data

thanks!
Keith

my address is:

Keith Baggerly
4038 Drummond
Houston, TX 77025


Hollis,

In your absence, I have decided to appoint Jeff Duff to meet in San Antonio
with AEP and CPS to go over curtailment calculation.  He will review and
familiarize himself with the calculation by talking to Mark Fisher.

Kurt,

Please get in touch with Jeff and have a preliminary meeting with him and
Mark Walker, so that there are no surprises at the meeting with CPS.

Best regards,

Jeff

Kurt Anderson
06/14/2002 03:33 PM
To: Hollis Kimbrough/EWC/Enron@ENRON
cc: Jeff Maurer/EWC/Enron@ENRON, Mark Fisher/EWC/Enron@Enron, Mark V
Walker/EWC/Enron@ENRON, Jeff Duff/EWC/Enron@ENRON, Olivia
Martinez/EWC/Enron@Enron

Subject: CPS curtailment meeting

Hollis, we need to determine who from GEWE will attend this meeting. Please
discuss this issue with Jeff Maurer on Monday and make the necessary
arrangements. On Monday AM I will be on my way to Trent Mesa to meet with AEP
regarding the foundation issue. I will call you in route to discuss further.

Thank you

---------------------- Forwarded by Kurt Anderson/EWC/Enron on 06/14/2002
03:30 PM ---------------------------

wcmarshall@aep.com on 06/14/2002 01:42:19 PM
To: tnmccastlain@aep.com, rkblackshear@aep.com, Kurt.Anderson@enron.com,
rlsimon@windots.net
cc: bmgivens@aep.com, awsmith1@aep.com, jfgodfrey@aep.com, rboteler@aep.com

Subject: CPS curtailment meeting

CPS would like to meet with AEP and GE Wind to discuss curtailment
calculations on June 24th in their offices in San Antonio.  The curtailment
calcualtions that we have been working on will be the basis of past and
future billings and therefore need to understand and accepted by all
parties.

Rich Simon plans to be available via conference call.  I would like to have a
representative from GE Wind at the meeting if possible to answer any
questions concerning their curtailment calculation methodology which we are
proposing for May onward.  We will also discuss the modified method for
handling Jan thru April curtailment estimates that Rich Simon has been
working on to account for the missing SCADA data in the prior months
beginning on January 11th.

Ward C. Marshall
Director, Business Development
AEP Energy Services, Inc.

Office (614) 583-6607
Fax     (614) 583-1627
Cell     (614) 736-6022

Mailing Address:
PO Box 16036
Columbus, OH 43216-0036

Physical Address:
155 W. Nationwide Blvd.
Suite 500
Columbus, OH 43215


- MVC-587L.jpg


Choi Kap Ryong/HR & Admin Team
2000-11-10 01:41 PM
?I 789-6764

Dear Directors and Auditors:

  We request you to have written board meeting
  to  resolve  disposition of subordinated securities (20 bil)owned by SK Gas
in
  order to pay off corporate bond(20 bil).
  Through this, SK Gas can save 900 million Korean Won for 5 years and make
debt
  ratio down around 8%.
  You can find detailed explanation in attached files.
  It  is highly recommended for you to send your response  by e-mail (approve
or
  object) at your earliest convenience,
  because of the possible change of interest rate.
  If  there  is  any  objection  on this item from Board members, we will set
up
  conference call to discuss it.

  Sincerely Yours,

  K.R. Choi

  English     main  body   (See  attached  file:  E??oAA  -  AI??E,  ?-,???A?  (??1r??).
doc)
  attachment  (See attached file: AI??E,A??I (??1r).xls)
  Korean      main  body   (See  attached  file:  E??oAA  -  AI??E,  ?-,???A?  (???U??).
doc)
  attachment  (See attached file: AI??E,A??I (???U).xls)

 - E??oAA - AI??E, ?-,???A? (??1r??).doc
 - AI??E,A??I (??1r).xls
 - E??oAA - AI??E, ?-,???A? (???U??).doc
 - AI??E,A??I (???U).xls


My apologies if this has been done, but I'm in process of assembling list of products that UBS will be trading.  If this list has been compiled, please direct it to me.

I'm interested in getting the greatest granularity possible breaking it out by VaR portfolio name, trader, trading book, commodity, instrument, location, tenor, relative liquidity for each instrument expressed in contract/day (i.e. could impact holding period for VAR) and best risk mitigator.  (Regarding best risk mitigator, I'm not looking for liquidating position comments, but rather best hedge given curve location.)  This will help in directing correlation efforts for VAR.  See attached spreadsheet for suggested format.

Thanks,
Frank


The report named: Enron Americas Position Report <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=102&report_name=Enron+Americas+Position+Report&category_cd=2&category_name=ENRON%20CONSOLIDATED&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=11/16/2001>, published as of 11/16/2001 is now available for viewing on the website.

Publisher's Notes:

FINAL


-----Original Message-----
From: 	Denne, Karen
Sent:	Monday, October 22, 2001 6:29 PM
To:	Philipp, Meredith
Subject:	FW:
Importance:	High

 -----Original Message-----
From: 	Denne, Karen
Sent:	Monday, October 22, 2001 6:24 PM
To:	Fleming, Rosalee; Williamson, Joannie
Subject:
Importance:	High

please print and give to Ken.  Thank you. kd


When: Thursday, January 17, 2002 8:30 AM-10:00 AM (GMT-06:00) Central Time (US & Canada).
Where: ECS 5112

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


Hi Vince,

Sorry to have missed you in Paris. Many thanks for your comments - they've
now been incorporated and sent to EPRM. Things are crazy at the moment, but
hopefully will calm down in a couple of weeks and we'll have time to catch
up better.

Best regards.

Chris.

----- Original Message -----
From: <VKaminski@aol.com>
To: <julie@lacima.co.uk>
Cc: <les@lacimagroup.com>; <vkamins@enron.com>; <chris@lacima.co.uk>
Sent: Sunday, October 15, 2000 11:06 AM
Subject: Comments

> Julie,
>
> Sorry for the delay. Here are he comments.
>
> Vince
>
> ************************************
>
> Sorry for long delay in responding. I have a few comments. Most are
focused
> on the third article as here is till time to make modifications.
>
> 1.  In the second article, I would mention that the formulation of the
mean
> reversion process represents one of several possible equations that
capture
> the same type of market evolution of prices over time.
> 2.  One comment that applies to both articles. The problem is how one
defines
> the time series of energy prices. The numbers used for Australian NSW pool
> prices seem to correspond to chronological prices. One alternative
approach
> is to build different time series for the corresponding time intervals for
> each day. This would result in different price behavior and estimates of
> jump. The choice is one of convenience and depends on actual problem under
> investigation. One could argue that volumes of electricity traded during
> different time slots represent different economic commodities.
> Figure 3a (Jump Frequency) has units on the vertical axis that require
> explanation. Are we talking about an expected number of jumps in the total
> number of half hourly periods in a year? The same goes for f in Table 2
> (article number 3).
>
>


The deals should have been corrected in Sitara by now - if not please check
with Beverly.

                                                                     Thank
You!


Member Services
Notice No. MS-28
May 4, 2001

COMMODITY EXCHANGE, INC.

NOTICE OF INTENTION TO TRANSFER MEMBERSHIP

 Notice of Intention to Transfer their Sole Membership has been posted on the
bulletin board of the Exchange by:

Stephen Willner (SPW-247)

 In connection therewith, notification of any claims against the
aforementioned individual(s) arising out of transactions executed on the
Exchange up to the close of business on October 20, 2000, must be submitted
to the Corporate Secretary,s Office within ten (10) days.

 Inquiries regarding the above should be directed to the Member Services
Department at (212) 299-2370.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(MS-28)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Are these ok with you?
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/27/2001 04:54
PM ---------------------------
From: Brian D Barto@ENRON_DEVELOPMENT on 03/13/2001 11:35 AM
To: Kay Mann/Corp/Enron@ENRON
cc: Renee Alfaro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Blue Dog change orders

	Kay Mann@ENRON
	03/13/2001 08:37 AM

		 To: Renee Alfaro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: Blue Dog change orders

Hi there,

Could one of you send me one email with the final (well, we hope) forms of
both of the two change orders we are working on for the BD turbine sets? I
want to make sure I'm looking at the right stuff.

Thanks,

Kay


Do you have enovate agreement handy?
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/23/2001 08:39
AM ---------------------------
From: Travis McCullough@ECT on 04/23/2001 03:20 AM
To: Gregg Penman/Corp/Enron@ENRON
cc: Kay Mann/Corp/Enron@Enron

Subject: Re: Services Agreement

Attached is a draft of an agreement between Enron Corp. and the Enron entity
that is the managing member of enovate under which Enron Corp.'s treasury
department would agree to provide certain funds management services on behalf
of the managing member.  Gregg, as we discussed with the People's attorney,
this agreement would establish the link between enovate's managing member and
Enron Corp. with respect to these services, since the managing member has the
authority to take these actions, but Enron Corp. would be the entity actually
doing the work.  We should resist any attempt to make enovate or any other
party a party to this Agreement, since we want only the Enron entity that is
the managing member to have a cause of action against Enron Corp. for any
breach of this agreement, etc.

Kay, I am out of the office, and I didn't bring the enovate LLC agreement
with me.  Could you fill in the blanks for me in this document with the
correct names, jurisdictions of organization, etc.?

Gregg, if you could take a look at the description of services to make sure
that it captures everything that the treasury group does for enovate, that
would be great.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3893
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


Continental # JY6JHH   will expire on 10/2 if we do not confirm the
reservation

Confirmation for the four of us.  I called and made it JUST IN CASE you
bumblefucks can't get the internet figured out.

$423.00 + tax = $477.90 each

11/21 leave Houston 1:20 p.m.  via Newark, NJ  arrives Madrid 9:40 a.m.
on 11/22
11/29 leave Madrid 11:35 a.m.  via Newark, NJ  arrives Houston 7:38 p.m.
same day

FYI.

Matthew Gillaspie
NASD Registered Series 7, 63, 53, 55
Fixed Income Trading - Ingersoll
Brenton Investments Inc.
515/237-5379
2840 Ingersoll Avenue
Des Moines   IA  50312
matt.gillaspie@brentonbank.com
Tax Equivalent Yields that may be noted above are ESTIMATES ONLY and may
not take into consideration unique qualities of the bonds or your
clients tax situation.  Your client should CONSULT WITH THEIR TAX
PREPARER OR ATTORNEY TO DETERMINE THEIR TAX EQUIVALENT FOR THEIR
SPECIFIC INCOME SITUATION.
Brenton Investments, Inc. is a wholly-owned subsidiary of Brenton Bank.
Investment and insurance products offered through Brenton Investments,
Inc. are not FDIC insured, are not deposits nor obligations of any bank,
are not guaranteed by any bank and involve investment risk, including
the possible loss of principal.


Kim:

This is a gas generator with whom we are working.  We have an EEI.  Ed Sacks has been the credit point person.  They have a cogen plant, Yuba City Cogen, that is looking at a five year energy sale to PG&E and want to back it with a 5 year gas purchase.  Can you give him a call to discuss?  (Paul - Kim's number in Houston is 713/853-0685.

C

 -----Original Message-----
From: 	PZCummins@aol.com@ENRON [mailto:IMCEANOTES-PZCummins+40aol+2Ecom+40ENRON@ENRON.com]
Sent:	Tuesday, July 24, 2001 3:23 PM
To:	Foster, Chris H.
Cc:	hdittmer@wellhead.com; KBSSAC@aol.com; kmiles@wellhead.com
Subject:	Possible gas deal and Enron On-line

Chris,

Thanks for the discussion today. As we discussed, Our Yuba City project is
exploring and very interested in a long term (3 to 5 year) gas supply deal
with Enron.  We would like to speak with someone in your Houston office about
this.

Also, we would like to further understand the path to access of Enron Online.
 I'll call soon to discuss.

Sincerely,
Paul Cummins
916-447-5171 office
916-996-2291 cell


Following please find the Daily EnronOnline Executive Summary.

Special Announcement! This report can now be accessed directly through the
EnronOnline Intranet Site at http://eolinfo.enron.com.

In order to access this report,  click on the link above. Once there, follow
the link entitled "Reports" and then select the "Secured Reports" tab. A
dropdown menu will appear with a list of the various secured reports
available for viewing. After choosing the report you are interested in, a
security window will appear requiring you to enter your Windows login ID and
password. Simply enter your standard login and the report will load
automatically.

We look forward to your feedback and comments. If you have any questions or
experience any difficulties accessing your reports through the Intranet Site,
please feel free to contact either Bryan Deluca at x36161 or Simone La Rose
at x31670.


Chris, when did BP Amoco get involved?  I thought we were dealing with Avista.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 05/15/2000
09:57 AM ---------------------------

Christopher F Calger
05/13/2000 02:29 PM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Deal Update

Dave,

Update from Friday Afternoon:

Coyote:  Avista Board approved a 50% equity investment in Coyote Springs II
and publicly announced their intention to move forward.  Their equity
partner, BP Amoco, indicated that they need 30 more days to "get comfortable
with the market".  This thirty day period coincides with the expected
financial close of June 15 so it may just be posturing to let us know that
they are not committed until the deal actually closes.  Nevertheless, we
(Avista and Enron) will pursue fallback investors that have already seen the
project and previously expressed interest in a 50% share.  In parallel, we
will try to get BP Amoco "comfortable".  It might make sense to consider
someone else that can move quickly.  Deal probability drops from 80% to 50%.

LVCogen:  Vickers and Gilbert met with Sierra Pacific and confirmed their
interest in and ability to effect a restructuring of the PPA.  Although
timing of "securitization" is open-ended, Sierra has agreed to a contract
valuation that supports a valuation uplift of $10MM - $14MM.  If we assume a
40%-50% probability of restructuring, we get to the hotlisted $5MM gain for
QII.   Attached is a spreadsheet that shows the breakup value of LVCogen.
CTG and Power Structuring are finalizing the RAC models that support this
approach.

Regards,

Chris


Please click on the link below

SAVE THE DATE


_____

  <http://image.0mm.com/35435/2002/0325-1/head.gif>
  <http://image.0mm.com/35435/2002/0325-1/hdr_news2.gif>April 2002
Log in to
Financial Engines

Monitor your investments with our Progress Reports. Log in <http://wwwrd.0mm.com/eng062010+266998867> and click on the Monitoring link on the My Advisor page to start receiving them.

Questions? Email Financial Engines support. <mailto:support@financialengines.com>

About Financial Engines

Find out more about us by visiting us on the Web, or read our Form ADV - part II <http://wwwrd.0mm.com/eng063089+266998867>.

We protect your privacy. Read about our privacy policy <http://wwwrd.0mm.com/eng063090+266998867>.

  <http://image.0mm.com/35435/2002/0325-1/balance.jpg>

Lessons of Enron...The value of diversification.

Dear Valued Customer,

One of the harshest lessons to emerge from the $60.7 billion wipeout of Enron has been the losses suffered by Enron employees who placed too much faith - and too many of their limited retirement assets - in company stock.

The Enron fiasco also affected millions of other Americans who encounter serious risk arising from holding too much stock in a single company.

Searching for the lessons of Enron <http://wwwrd.0mm.com/eng063091+266998867>, Financial Engines researchers went to the data and ran thousands of simulations on portfolios with varying combinations. Their research and insights into the benefits of diversification may surprise you!

We've also developed five easy steps to diversify your portfolio <http://wwwrd.0mm.com/eng063092+266998867>. Using your Financial Engines account we'll show you how to spend a few minutes to make sure your portfolio is properly diversified.

Think you're ready for an economic recovery? A quick review of your updated Financial Engines Forecast <http://wwwrd.0mm.com/eng062010+266998867> is a fast and easy way to confirm your investment plan is still on track.

Read the most frequently asked questions about the role of risk in investing <http://wwwrd.0mm.com/eng063093+266998867> in our Q & A section and the benefits of diversifying your investments <http://wwwrd.0mm.com/eng063094+266998867>. We also offer a comprehensive article on asset allocation <http://wwwrd.0mm.com/eng063095+266998867> and how to find the right mix for your portfolio.

Our End-of-year Survival Guide <http://wwwrd.0mm.com/eng063096+266998867> is full of tips and ideas to help you cut your taxes or just get a better handle on your finances.

You've got all sorts of questions and we've got the answers you need: From 250 frequently-asked questions and answers waiting for you in our Q&A section <http://wwwrd.0mm.com/eng063097+266998867> to our 750-term glossary <http://wwwrd.0mm.com/eng063098+266998867>, to our two 24-hour live news feeds from the Associated Press <http://wwwrd.0mm.com/eng063099+266998867>, Financial Engines has the right resources to meet your needs.
  <http://image.0mm.com/35435/2002/0325-1/hdl_qa.gif>
by Emily Li, Customer Support

  <http://image.0mm.com/35435/2002/0325-1/emily.gif>

Q: How do I account for real estate investments in my portfolio?

A: You should include your real estate investments in the Financial Engines Investment Advisor
 service only if they now or will some day generate income that you invest towards your retirement or if you plan to sell your real estate at some point.

To include the investments you make from rental property income from now until your retirement:
Click the Personal info tab, and then click Investments. Click the account and fund/stock in which you invest your rental income. The service assumes that all of these investments continue until the age you selected as your retirement age. If this income will continue in retirement, please follow the steps I explain below.

To include rental income in retirement:
Click the Personal info tab, and then click Benefits. In the Retirement benefits area, click Add benefit and fill in the appropriate information.

To include the liquidation of real estate in the future during your retirement:
Click the Personal info tab, and then click Benefits. In the Retirement benefits area, click Add benefit and fill in the appropriate information. Be sure to select one time payment for the Duration.

Questions? Email Financial Engines support <mailto:support@financialengines.com>

  <http://image.0mm.com/35435/2002/0325-1/hdl_fenews.gif>

Financial Engines founder and Nobel laureate Bill Sharpe was recently interviewed by InvestmentAdvisor.com on where most people go wrong in making financial decisions and other timely topics. http://www.investmentadvisor.com/mySearch/0102colgluck.html  <http://wwwrd.0mm.com/eng063100+266998867>

Please note: You will leave the Financial Engines site to read the Bill Sharpe interview in InvestmentAdvisor.com.

  _____

For more information about Financial Engines, read our Form ADV - Part II <http://wwwrd.0mm.com/eng063101+266998867>.

You can also get a free copy by writing to us at:
1804 Embarcadero Rd, Palo Alto, CA 94303, Attention: Customer Support.

Important Notice
Financial Engines Advisors L.L.C., an independent federally registered investment adviser, provides all advice. Your company or organization is not responsible for Financial Engines' investment advice.

From time to time, we send our customers or those who have inquired about our service, e-mail messages to let them know about the Financial Engines Investment Advisor
 service. If you would prefer not to receive such messages in the future, simply reply to this message with "remove" in the subject line.

back to top

? 1998 - 2002. Financial Engines, Inc. All rights reserved.

Your email address is registered with Financial Engines as: matt.motley@enron.com
  <http://secure.emailpub.com/sensor?image=4231&id=266998867>


Ken

Further to my earlier voice-mail, I attach a copy of a Restricted List
procedure we put together with the assistance of Slaughter and May.  The
procedure has not yet been rolled out (since the then OTC product had not
developed to a stage requiring implementation), but was intended to be sent
to all business heads in Europe (ie desk heads, and staff at VP level and
above, not just in trading).

I hope you are able to assist us in putting together the procedures
(including a form of consent letter) based on our discussion on Thursday and
would be grateful if you could confirm.

Many thanks and best regards

Paul