IntercontinentalExchange
                                                                                Firm Physical Natural Gas Price Bulletin
                                                                                For Natural Gas Delivered on Tuesday, December  04, 2001
                                                                                (Trade Date of Monday, December  03, 2001)
Click here to access index history .
                                                                                * volume represents sell-side only *
Region     Hub	High	Low	Wtd Avg Index	Change ($)	Vol (mmBtu)	Hub Name
 LOUISIANA
    ANR SE	          $2.1300	          $2.0200	          $2.0854	+    .3993	          78,900	American Natural Resources Pipeline Co. - SE  Transmission Pool
    Columbia Onshore	          $2.1400	          $2.0500	          $2.0880	+    .2698	          83,700	Columbia Gulf Transmission Co. - Onshore Pool
    Henry Hub	          $2.1800	          $2.0400	          $2.1041	+    .3269	         887,100	Henry Hub tailgate - Louisiana
    NGPL LA	          $2.1500	          $2.0550	          $2.1064	+    .3184	         106,800	Natural Gas Pipeline Co. of America, Louisiana Pool
    Tenn 500L	          $2.0900	          $1.9650	          $2.0170	+    .3273	         228,600	Tennessee Gas Pipeline Co.-Zone L, 500 Leg Pool
    Tenn 800L	          $2.0500	          $1.9700	          $2.0046	+    .3642	         118,500	Tennessee Gas Pipeline Co.-Zone L, 800 Leg Pool
    TETCO ELA	          $2.1000	          $1.9700	          $2.0403	+    .5026	         174,800	Texas Eastern - East LA
    TETCO WLA	          $2.0700	          $2.0000	          $2.0227	+    .3460	          55,400	Texas Eastern - West LA
    Transco 65	          $2.2000	          $1.9850	          $2.0598	+    .6176	         139,600	Transco - Station 65
    Trunkline ELA	          $2.0600	          $1.9700	          $2.0126	+    .4163	          47,100	Trunkline Gas Company - East Louisiana Pool
    TxGas SL	          $2.1500	          $2.0200	          $2.0928	+    .2231	         202,300	Texas Gas Transmission Corp.-Zone SL FT Pool
 MIDCONTINENT
    MichCon, citygate	          $2.3450	          $2.2100	          $2.2718	+    .4170	          90,900	Michigan Consolidated
    NGPL Midcont	          $2.1500	          $1.9000	          $2.0241	+    .3472	         138,000	Natural Gas Pipeline Co. of America, Mid-Continent Pool
    NGPL Nicor, citygate	          $2.2800	          $2.1000	          $2.1748	+    .3510	         211,700	Natural Gas Pipeline Co. of America, Nicor Citygate
    NGPL NIPSCO, citygate	          $2.2950	          $2.1300	          $2.2281	+    .2693	          70,700	Natural Gas Pipeline Co. of America, Nipsco Citygate
    NNG Demarcation	          $2.2500	          $2.0300	          $2.1613	+    .2716	          78,800	Northern Natural Gas, Demarcation Pool
 NORTHEAST
    Columbia TCO	          $2.3200	          $2.1600	          $2.2451	+    .2853	         184,900	Columbia Gas Co. - TCO Pool
    Dominion So.Point	          $2.3000	          $2.0500	          $2.1104	+    .4620	         133,100	Dominion - South Point
    TETCO M3	          $2.4800	          $2.3200	          $2.3853	+    .4533	         119,500	Texas Eastern - M3 Zone
    Transco Z-6 (NY)	          $2.6500	          $2.5500	          $2.5966	+    .5534	          39,800	Transcontinental Gas Pipe Line Corp. - Zone 6 (NY)
 WEST
    *El Paso non-Bondad	          $2.3000	          $2.2000	          $2.2500		          	El Paso -San Juan Basin, Blanco Pool
    *Huntingdon/Sumas	          $2.5000	          $2.4000	          $2.4400		          	Westcoast Energy & Northwest Pipeline Corp.
    Opal	          $2.5500	          $2.4000	          $2.4551	+    .8795	          28,500	Opal
    PG?Citygate	          $2.9400	          $2.8500	          $2.9033	+    .4813	          45,000	PG?- Citygate
    SoCal Border	          $2.6000	          $2.5100	          $2.5456	+    .3974	          24,800	Southern California Border Points (Ehrenberg,Topock,Needles)
 WEST TEXAS
    El Paso - Keystone	          $2.2500	          $1.9000	          $2.0657	+    .2085	          72,500	El Paso - Keystone Pool
    Waha	          $2.2700	          $2.0000	          $2.1643	+    .3006	          49,000	Waha Hub - West Texas

                                                                                *There was no trading for these locations on ICE.  The high, low and weighted av erage are the result of a phone survey.
Includes all firm physical fixed price trades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date specified for natural gas delivered on the specified date(s).
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                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


Start Date: 12/22/01; HourAhead hour: 20;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001122220.txt


Can you send credit sheets for the following:

 Enron Compression Services Co.
Devon Petroleum Corporation.

Thanks
dp


that sounds great

	Enron North America Corp.

	From:  Shanna Husser @ EES                           03/26/2001 11:18 AM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Dinner

What did I tell you??  That's good though- I'll get to see you.  I need to go
to the grocery- but I left my list at home.  Guess I'll go tomorrow.  And
I'll cook Thursday and Saturday night.  How does that sound?
---------------------- Forwarded by Shanna Husser/HOU/EES on 03/26/2001 11:15
AM ---------------------------

Lisa Gillette@ECT
03/26/2001 11:13 AM

To: Shanna Husser/HOU/EES@EES, Christa Winfrey/Enron@EnronXGate, Misti
Day/Enron@EnronXGate
cc:
Subject: Dinner

 I hate to say this, but maybe its best if we reschedule.  it doesnt sound
like we are all going to be able to make it by 6 and i would rather not be
rushed considering we see each other once every 6 months.

let me know what you girls think.  maybe we should try a weekend lunch?


Molly,

I would like to invite Iris for an interview. You can contact her at the
addresses she listed below
or at her E-mail address.

The following persons will participate at the interview:

Stinson Gibner
Zimin Lu
Tanya Tamarchenko
Vasant Shanbhogue
myself

Stinson and I will take her out to lunch.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/27/2000
01:35 PM ---------------------------

"iris mack" <irismmack@hotmail.com> on 11/21/2000 04:12:43 PM
To: irismmack@hotmail.com, Vince.J.Kaminski@enron.com
cc:
Subject: Re: F/U to Dr. Kaminski @ Enron from Iris Mack

Hi again,

I am visiting several family members and friends over the next few days.
Therefore it will be hard to contact me.

However, next week I will be easier to reach.  My contact details in NYC are
as follows. I will be staying at the following hotels:

Washington Square Hotel
from November 28th for 3 nights (Tue, Wed and Thur)
212.777.9515

Marriott NYC Financial
December 1st for 1 night (Fri)
212.385.4900

At any rate, I will still try to reach you on tomorrow morning.  If all
fails, we will try to reach each other next week.

Happy Thanksgiving,
Iris

>From: "iris mack" <irismmack@hotmail.com>
>To: Vince.J.Kaminski@enron.com
>Subject: Re: F/U to Dr. Kaminski @ Enron from Iris Mack
>Date: Tue, 21 Nov 2000 22:07:09
>
>Hi,
>
>How are you?  Seems like we have had a bit of difficulty contacting each
>other.  Sorry I missed your call.  I am now in NYC - until December 2nd.
>
>I will try to call you on tomorrow morning about 8 am Houston time.
>
>Take care,
>Iris
>
>
>
>
>>From: Vince.J.Kaminski@enron.com
>>To: irismmack@hotmail.com
>>CC: Vince.J.Kaminski@enron.com
>>Subject: Hello
>>Date: Tue, 21 Nov 2000 15:14:31 -0600
>>
>>Iris,
>>
>>We are trying to reach you but we are getting error messages.
>>Please, call me 713 853 3848.
>>
>>Vince
>>
>>
>

______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com


Lee,

I'll rev up the Austin facility agreement again.  Eric tells me that we are
fine with adding the additional TD of I to the facility agreement with a
scope/price change.

Ignore the insurance certificate question.  My bad.

I've heard that the LOC made it, so GE should be receiving payment in full
today.

LV Co Gen is still moving.  There are some of the TurboPark stuff which was
in the agreed form of override letter.  It is being actively worked right now.

Sorry about your trip.

Kay

lee.johnson@ps.ge.com on 05/02/2001 09:25:33 AM
To: Kay.Mann@enron.com
cc:

Subject: RE: Signatures for Certain Documents

Kay,

I don't know the answer to your 1st question since I don't recall ever
having to have insurance certificates on any of the other Facility
Agreements.  Maybe we did, but I just forgot that detail.  Jaap/Kent? do you
know?

The Retention LC was faxed this am to Greg Lang and Isabell Parker.  Jaap's
Admin Asst can fax you a copy (Carla Corly) if you wish.

Also, need to talk about Austin Tech reps being added to Facility Agreement
asap (Mike Storm says they've worked out 1700 hours with Eric Booth).  But
we need something in the interim that confirms this will be added into the
Austin Facility Agreement (e-mail to me OK).

Regards,

Lee

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Wednesday, May 02, 2001 8:43 AM
To: Shoemaker, Kent (GEAE); Johnson, Lee L (PS, GE AEP); Smink, Jaap
(PS, GE AEP)
Subject: Signatures for Certain Documents

Good morning.

I haven't seen the insurance certificate she references.  Anyone know where
it is?

Is the retention letter of credit available yet? I know it has been
requested, but I don't recall seeing that it has been delivered.

Thanks for everything,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/02/2001 08:37
AM ---------------------------

"Chow, Susan D." <susanchow@paulhastings.com> on 05/01/2001 07:45:03 PM

To:   "'ccampbell@kslaw.com'" <ccampbell@kslaw.com>, "'kay.mann@enron.com'"
      <kay.mann@enron.com>
cc:   "Lang, Gregory F." <gregorylang@paulhastings.com>

Subject:  Signatures for Certain Documents

"paulhastings.com" made the following annotations on 05/01/01 20:45:12
----------------------------------------------------------------------------
--

NEW E-MAIL ADDRESSES AT PAUL, HASTINGS, JANOFSKY & WALKER LLP

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

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

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

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

Attached please find signature pages for:
GE  Consent, Consent of Director for transaction.
We  will forward signature pages for
Amended LLC Agreement, Consent of Director  and Members tomorrow morning
upon receipt from Fed  Ex.

Please confirm that insurance certificates have  been received from the
insurance broker.; It is my understanding that  originals were sent to
Enron.
Thanks.

Susan D. Chow
Paul, Hastings, Janofsky & Walker  LLP
1055 Washington Boulevard
Stamford, Connecticut 06901
(203) 961-7527
(203) 359-3031 (fax)
NOTE NEW EMAIL ADDRESS: susanchow@paulhastings.com

(See attached file: ge_conse.pdf)
(See attached file: salmon_d.pdf)


Rod Hayslett has it I believe.  They just do not give up!


I think your suggestion about the effective date was quite logical, but it
seems to me that it is more of a Sweetgum issue than ours.  Unless you think
we have a problem, I'm ok with going along with George on this.

I presume the original LLC agreement  allows for either the Member to sign or
an Officer of the LLC.  I also assume that Janet Dietrich is an officer of
both CA's.  Therefore, I'm fine with your suggestion.

Kay

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/12/2001 10:12:02 AM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: Closing Documents

Kay:

George has prepared a promissory note to be executed by the LLC payable to
SEL but has not received comments from Doug on this yet.  I requested that
he get that to us in order that we might include it in the package out to
you later today.

With regard to the date in the LLC Agreement, George proposed that we delete
altogether the "effective date" paragraph set forth in Section 2.5.  He is
reluctant to provide an effective date of midnight after the closing date,
as he thinks all of the documents should be effective simultaneously.  I am
okay with this.  What do you think?

Per your request, we have prepared LLC certificates using the pre-printed
share certificate forms in the minute book.   These pre-printed forms
provide that the share certificates are to be signed by the "member."  We
typically see share certificates signed by designated officers of the LLC.
Unless you instruct otherwise, we will strike through the word "member"
beneath the signature line on the share certificate in order that an LLC
officer can sign.

Please advise of any comments on the promissory note to be executed by the
LLC payable to ENA.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
 <mailto:ccampbell@kslaw.com> ccampbell@kslaw.com

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


Each of you have heard from either Mitch Taylor or myself regarding our
concerns about the terms of our offers for new analysts.  I am forwarding
this e-mail to each of you as further confirmation of the anecdotal evidence
we have heard concerning how low our offers are as opposed to banks,
consulting firms and even El Paso and Dynegy.  Steve and I have known each
other since our undergraduate days and as you can tell from the attached he
is a great Enron supporter on campus.  For everyone's information we have
made 4 offers to Baylor undergrads and I will be surprised if we get any
acceptances (one of the guys has already accepted with Chase for $20,000 more
than our offer and told me that El Paso and Dynegy are both offering about
$10,000 to $15,000 more than we are, not insignificant to an undergrad).  I
am concerned that if we are low at Baylor (where we have concentrated on
identifying the top 4 or 5 students) that the problem will be pervasive and
our acceptance rate will be very low or only improved by students who didn't
receive other offers (i.e. average performers).

Thanks for your time.

---------------------- Forwarded by Bill W Brown/HOU/ECT on 12/02/2000 10:14
AM ---------------------------

Steve Rich <Steve_Rich@baylor.edu> on 12/01/2000 03:59:11 PM
To: bill.w.brown@enron.com
cc:
Subject:

Hey Bill,

I've been asking around about job offers for some of our top students.  I
haven't talked to everyone who has received Enron offers but I thought you
might want to know that for everyone I've talked to thus far, Enron is the
low offer....sometimes by a large gap.  I know that one person got offered
one and a half times what you offered by another firm (not an investment
banker!).  I have heard through my sources that you were disappointed last
year that no one from Baylor accepted one of your offers.  I am also very
interested in you guys getting some Baylor folks.  I consider Enron to be a
premium place for our folks to go...for several reasons....including the
high praise I hear from my former students who have gone to work there.

The folks I talked to here didn't seem like they even wanted me to mention
this to you....but I wanted to make sure you knew that you were really
underbidding for our folks.

By the way...the 4 offers that Enron made to Baylor people (that I know of)
were all to top quality folks...but I guess you knew that.

Also, I hear you were promoted yet again.  Congratulations.

Steve Rich
Associate Professor of Finance
Baylor University


Sally,  please let me know if you'd like to continue to receive this weekly
report and/or you'd like it revised in any way.

Thank you,
Toni Graham
Human Resources
x39995

---------------------- Forwarded by Toni Graham/Corp/Enron on 05/19/2000
10:10 PM ---------------------------

	From:  Veronica Parra @ ECT                           05/19/2000 03:52 PM

To: LeRea Pharr/HOU/ECT@ECT, Pamela J Allison/HOU/ECT@ECT, Gretchen
Jennings/HOU/ECT@ECT, Felicia Solis/HOU/ECT@ECT, Nedre Strambler/HOU/ECT@ECT,
Linda Vargo/HOU/ECT@ECT, Jennifer Richard/HOU/ECT@ECT, Sarah A
Davis/HOU/ECT@ECT, Robin Tumey/HOU/ECT@ECT, Robbin Stewart/HOU/ECT@ECT,
Angela Sprock/HOU/ECT@ECT, Susan Skarness/HOU/ECT@ECT, Janice
Riedel/HOU/ECT@ECT, Jennifer Burns/HOU/ECT@ECT, Sheila Walton/HOU/ECT@ECT,
Norma Villarreal/HOU/ECT@ECT, Teresa Bien/Corp/Enron@Enron, Hector
McLoughlin/Corp/Enron@Enron, Toni Graham/Corp/Enron@Enron, Michelle
Hargrave/HOU/ECT@ECT, Carmen Chavira/HOU/ECT@ECT, Veronica Parra/HOU/ECT@ECT
cc:

Subject: New Hire Orientation for Monday, May 22, 2000

NAME	TITLE	DOH	BADGE	HR REP	SUPERVISOR	CO/RC
Lee Ann Chance	Specialist	5/22/00	yes	N.Villarreal	Bryce Baxter	5-413
						02631-000
Kyle Gibson	Sr. Specialist	5/22/00	yes	T.Graham	Dan Houston	5-413
						00834-000
Joll Henenberg	Director	5/22/00	yes	H.
				McLoughlin	Mary Solmonson	5-413
						02372-000
Shona Wilson	Director	5/22/00	yes	K.Melodick	Sally Beck	5-413
						00813-000
Dempsey, Dalton	Specialist	5/17/00	no	K.Melodick	George Smith	5-413
						00720-000


Information Risk Management ) IT Security and Standards Notice

Passwords
The key to maintaining information and systems security is the use of
well-selected and guarded passwords.  Please remember, your password is our
first line of defense. It is important that:
? Your password should be unique and only known to you.
? Your password should never be shared with someone else.
? A password must never be written down (i.e. post-it notes), stored in files
on personal computers, at workstations, hidden under keyboards, configured on
terminal hot-keys, etc.
? Passwords must be changed every 60 days.

Strong password selection criteria will soon be automated for all employees.
For instructions on selecting a good password or to the view the company
password policy and standards, click here:
http://itcentral.enron.com/data/policiesandprocedures/ITPasswordScreenSaver

Please keep in mind that the Enron Conduct of Business Affairs holds
employees responsible for password security.  Information Risk Management
conducts periodic audits to ensure compliance with company policy.

For any problems encountered concerning password controls, please call your
appropriate Help Desk (available: 24Hrs./day, 7 days/week).


Hi Charlotte,

We've been invited to someone's house for dinner on Feb 2.  Can you take care
of Michael?  The dinner is in River Oaks, so we could just drop him off.

Michael  got a hair cut this weekend.  I think it makes him look taller.  I
wish it worked that way for me!  It is very short, and I think very cute.

Kay


More info.  Apparently, all's not necessarily roses here.  The main issue
Enron has with the FERC order is the bifurcated (two-tiered) auction
program.  If the auction bids are less than $150/MW, they are presumed to be
market clearing.  If above $150, they must show cost basis to support the
price.  For purposes of this analysis, "costs" will not include purchase
costs (ie. wholesale price paid), rather, they must be generation costs.

Enron is considering what forum would be appropriate to address the
deficiency of the FERC order.  It is a contentious issue on all sides and
there's likely to be vigorous debate.

---------------------- Forwarded by Jeffery Fawcett/ET&S/Enron on 12/18/2000
01:51 PM ---------------------------

Jeffery Fawcett
12/18/2000 09:41 AM
To: Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, TK
Lohman/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron@Enron, Lorraine M.
Lindberg, Lindy Donoho/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON
cc:

Subject: FERC restructures Cal-ISO

FERC's action here appears to be the appropriate remedy.  You know it's a
good fix if the utilities and Senator Feinstein don't like it!

FERC Restructures California Power Market
Responding to a California power market gone haywire and teetering on the
brink of operational and financial disaster, FERC Friday issued a series of
remedial measures, virtually stripping the Cal-PX and Cal-ISO of their
control of the market and calling market stakeholders together to negotiate
bilateral forward contracts.
The Commission's main action, effective with the issuance of the order after
the Friday afternoon meeting, removes the requirement that California
utilities buy and sell exclusively through the California Power Exchange
(Cal-PX) and clears the way for bi-lateral contracts in the forward market.
FERC scheduled a settlement conference for Dec. 19 in Washington of parties
in the state's power market to negotiate those contracts.
"California does [not] have the benefit of a competitive market," Chairman
James Hoecker said, noting he had heard the state's power market called
"crisis by design." The design was "an unworkable state law, the product of
command and control that described in detail" exactly how the market should
function. "It wasn't competition," Hoecker said. "It's time to get serious
about saving the future of competitive markets...Competition did not fail in
principle at either the wholesale or retail level because it was never
well-conceived or tried. This version of competition was a disaster."
Commissioner William Massey defended the Federal Energy Regulatory
Commission's backing away from price caps.  "Rather than cap the spot market
created by the state of California, the order would simply shrink its size
and diminish its influence." This will "give back participants' ability to
find the right price; This ability is what California has taken away from
that market."
Massey said the action would allow bilateral transactions, support forward
contracts, and allow the parties to manage risk.  He urged the California
Public Utilities Commission to "step up to its responsibilities" in
supporting the FERC-directed activities.
Massey said the transfer of wealth in what he described as the "apocalypse"
in California "is absolutely staggering. The two largest utilities are
virtually bankrupt."  He predicted a court, acting on accepted law and
precedent, would eventually rule the utilities are entitled to recover the
costs from customers, spreading the costs out over the entire state.
PG&E Corp. officials lambasted the Commission's actions, saying they left
California's electric customers "exposed to price gouging and future electric
supply reliability uncertainty."
"The California wholesale market is broken. And we are extremely disappointed
by the insufficiency of today's FERC order," PG&E officials said in a
statement. "The remedies outlined in the order do not go nearly far enough to
provide a solution that ensures reliability of the state's electric supply
and equally importantly, provides relief from future price gouging," the
Northern California utility company said. PG&E said it was particularly
disappointed that FERC did not call for retroactive price refunds for
California electric customers, as was requested by Gov. Gray Davis. The
utility also said it was "especially troubled" that FERC shortened the
timeframe for the electric price cap from the end of 2002 to April 2001,
"leaving customers exposed during the high-demand summer season."
Sen Dianne Feinstein, (D-CA), said FERC's action was unacceptable. "Rome is
burning, our utilities are close to bankruptcy, Californians are facing major
blackouts, and the Commission is fiddling."
Hoecker said similar competitive problems in states in the Pacific Northwest
have led to pleas from governors and others for regional price caps. But he
pointed to the fact that FERC is severely limited in what it can do in that
region. For one, it lacks authority over the Bonneville Power Authority and
other federal operations there, which make up a major portion of the market.
Further, there is no Northwest spot market that can be capped in the way caps
operate in California. There also would be problems with the many purchasers
who already had hedged or protected themselves in some way. Hoecker strongly
urged Energy Secretary Bill Richardson to convene a conference to try to
identify regional problems, and offered his help in this.
Commissioners Curt Hebert and Massey said they would issue concurring
opinions. Hoecker said he will submit a concurring opinion next week on items
such as RTOs that are beyond the scope of the order. The Commission's
actions, which went beyond recommendations it had made earlier (see Daily
GPI, Nov. 2), came at an emergency meeting following a week of continuous
power alerts and emergency measures to avoid rolling blackouts in the state.
The Commission's reforms call for:
_ No retroactive refunds for California customers;
_ Elimination of the requirement that California's three investor-owned
utilities --- Pacific Gas and Electric, San Diego Gas and Electric and
Southern California Edison --- sell all of their power into the Cal-PX, and
buy all of their power from the Cal-PX. This took effect Friday;
_ Return 25,000 MW of generation to state regulation;
_ Termination of the Cal-PX wholesale rate schedule effective the close of
the trading day on April 30, 2001;
_ Create a benchmark price for wholesale bilateral contracts to assess prices
of five-year energy supply contracts;
_ Create penalties for underscheduling power loads;
_ A requirement that market participants schedule 95% of their load prior to
real time. Violators will incur penalties for scheduling deviations exceeding
the greater of 10 MW or 5% of their hourly load;
_ Begin market monitoring and price mitigation for the Cal-ISO and PX spot
markets. FERC will hold a technical conference to develop a monitoring an
mitigation program. A proposed plan is to be submitted by March 1 so that the
measure can be in place by May 1;
_ A single-priced auction to be used only for bids at or below $150/MW. Bids
above $150/MW will not set the market clearing price, although they will be
subject to FERC reporting requirements;
_ Replacing the current Cal-ISO stakeholder governing board with a
non-stakeholder board. On Jan. 29, 2001, the Cal-ISO governing board members
will be required to turn over their decision-making power and operating
control to the management of the Cal-ISO. The members will be permitted to
function in an advisory capacity until the new board is selected. FERC to
discuss with California representatives a process for selecting new Cal-ISO
board members; and
_ Modify interconnection procedures.  The ISO and utilities must file
generation interconnection procedures.


Paul Leanza with Clinton may have a market for the Peoples Gas.  Dick wanted
me to talk to you to see if it sounds ok.  Give me a call when you get a
chance.


Good afternoon!
It is with great sadness that I must inform you that I have resigned from Enron. My last day is June 8.  Enron was a wonderful place to work and I have had so many opportunities to meet quality people.  The most fulfilling accomplishment for me is Cougars@Enron.  This group has enabled me a unique experience in meeting many of you and creating a truly special team. I feel there is a real sense of Cougar pride here which made my experience that much more pleasurable.  Although I am leaving, Cougars@Enron remains.  We will elect a new President prior to my departure.  If you show him/her as much enthusiasm and support as you have shown me, the group will flourish to new heights.   Always remember, it is you that makes this group successful!!!  With over 600 of you employed by this company, you make a difference.  It shows in everything we do from one of the (if not the) most successful first year constituent golf tournament in HAO history/ to the inspiring of Texas A&M to form Aggies@Enron in our image/ to being the envy of other organized groups.  I am incredibly proud to be a Cougar, not just because of the university but the quality of our graduates.  Please keep the faith!  With your support we will achieve new heights!  Again, THANK YOU and let's keep in contact. Like I said we are Cougars whether we are employed here or else where.  My email address in jeffreymcclellan@zcougars.com.

Jeff

PS:  There will be a happy hour on the 8th. If you would like to come, please let me know and we will send details.


Intially, all will be confirmed with Vitro Corporativo S.A. de C.V. (which is
an ESP).  Assignment letters should reflect volumes in attached.


It's missing the demand charge.  I'll get you to rerun it for me in the
morning and see if the demand charge shows up.

Darla Saucier@ENRON
04/03/2001 03:56 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: Ogy

	Enron North America Corp.

	From:  Chris Germany @ ECT                           04/03/2001 03:49 PM

To: Darla Saucier/NA/Enron@Enron
cc:

Subject: Ogy

Please send me the Ogy invoice for March.  I did such a good job of doing my
job that I think everything in the system is ok.  By the way - I'm on
vacation for a week or so startig Friday.  I should have New Power updated by
tomorrow.


David,

Please, send me an E-mail with you phone number.

Vince

"michalon" <michalon@math.uchicago.edu> on 02/02/2001 01:18:50 AM
To: <vkamins@enron.com>
cc:
Subject: Message from David A. Michalon

Dear Mr Kaminski,

Firstly, I wanted to tell you how privileged I feel to be considered for
some of the opportunities within your prestigious firm.
I am strongly interested in what Enron Global Markets has to offer in its
research side.  Your Training Program is widely recognized within the
financial industry as being one of the best, and I would be more than
honored to be part of it.  I believe that as member of Enron I can learn a
lot more quantitative ways of trading energy products, and I can also learn
how to get a feel for the Energy markets from some of the best people in the
business.
Thus, I would sincerely appreciate to be considered as a potential member of
your rotational program.  Indeed, I believe that my employment experiences
have provided me with valuable skills that will be very useful in your
Group.  These skills include the ability to synthesize quantitative
information quickly and accurately, the facility to deal with sophisticated
financial products, and more importantly the ability to work as part of a
team by fulfilling responsibilities diligently and sometimes prior to
deadlines.  I genuinely hope to contribute to Enron,s success by bringing
these skills, along with my strong mathematical background and knowledge of
the Energy Industry.
Finally, I wanted to commend you on your high level of professionalism, and
the clarity with which you exposed the opportunities available within Enron.
You surely are a genuine proof that your Group is committed to working with
people who exhibit a superior level of professional capabilities.

Sincerely Yours,

David A. Michalon
The  University of Chicago
Program in Financial Mathematics


Hey - I guess I was out of office for review selection.
Would you mind emailing my boss, Mitch Robinson, a few lines about
my wonderful performance ?
   Respectfully yours,
    Jim Homco


yes

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

Under the alternative "bumping" method, if the market is 3.75/5.25 and our
EOL and ICE market's are both 4/5 in that case, would we pay brokerage if
someone executes on ICE rather than EOL?

Fletch


FYI
Thanks
Gary

-----Original Message-----
From: Fergus, Gary S.
Sent: Tuesday, May 08, 2001 1:36 PM
To: Andy Pickens (E-mail); Barrett H. Reasoner (E-mail); David J. Noonan
(E-mail); Jean Frizzell (E-mail); Michael L. Kirby (E-mail); Michael
Molland; Mike D. Smith (E-mail); Peter Meringolo; Richard B. Sanders
Esq. (E-mail); Robert C. Williams (E-mail); Susan Bisop (E-mail)
Subject: FW: Enron's drives and servers

FYI
Thanks
Gary

-----Original Message-----
From: Fergus, Gary S.
Sent: Wednesday, December 20, 2000 11:58 AM
To: 'Richard Rochman'
Subject: RE: Enron's drives and servers

Rich,
 Thank you for the update.  I would like to speak to you today about
some other practical suggestions that we have relating to email handling.  I
also want to tell you about a situation that came up in the past few days.
In short, one employee's computer hard drive ran out of space related to the
do not delete directive.  We decided to have the employee move sufficient
files from the hard drive on to the network (so they would be backed up on
tape) and then authorized the employee to delete those files that had been
moved to create sufficient work space so that they could do their job.  We
anticipate that this issue may arise again and we intend to follow the same
procedure.

 I will call you to discuss these issues.

Thanks
Gary

-----Original Message-----
From: Richard Rochman [mailto:ROCHMAR@hdcdojnet.state.ca.us]
Sent: Tuesday, December 19, 2000 4:42 PM
To: gfergus@brobeck.com
Subject: Enron's drives and servers

Gary--
     I'm sorry I don't have an answer for you yet on the items we discussed
yesterday.  I'm still working on it.  Thanks for your patience.  -Rich

=======================================================
This email message is for the sole use of the intended recipient(s) and may
contain confidential and privileged information. Any unauthorized review,
use, disclosure or distribution is prohibited. If you are not the intended
recipient, please contact the sender by reply email and destroy all copies of
the original message.

To reply to our email administrator directly, send an email to
postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com


Hey, Jen,
What's been going on?  What are you doing for Thanksgiving?  I seem to have missplaced your phone numbers (I'm sure if I dug through my pile of junk at home I would find them!).  Give me a call.  Nancey & Michael are going to be in town for Turkey Day.  Lots of fun going on at my office these days.

Stephanie Panus
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803C
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490
email:  stephanie.panus@enron.com


Stinson,

I think it's a mistake. It  should be February.

Vince

Stinson Gibner
10/10/2000 08:11 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Datren Williams Acceptance

FYI

---------------------- Forwarded by Stinson Gibner/HOU/ECT on 10/10/2000
08:10 PM ---------------------------

	Carol Coats
	09/29/2000 02:36 PM

To: Celeste Roberts/HOU/ECT@ECT
cc: Stinson Gibner/HOU/ECT@ECT
Subject: Datren Williams Acceptance

Celeste,

I just received Datren Williams' acceptance with the following note attached:

"My graduation date (Ph.D. Candidate from LSU) is Dec. 2000.  Celeste Roberts
has informed me that I would have the option of starting work Feb. 2001.  I am
under the impression that I will start in Feb. 2001.  My offer letter has a
start date
of Aug. 2001.  If this is a problem, please give me a call.
Looking forward to working at Enron.

Thanks a million,
Datren W."

Please let me know if he may in fact start in Feb. 2001, and if so, do you
have
a specific date for him, or may he choose?

Thanks, Celeste,
Carol


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Bob:  here is what I have so far.  There may be additions (hopefully not
deletions).   Thanks.


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Committee on Regional Electric Power Cooperation,

in Tempe, AZ


This is about Enron movie trading business where we are a market maker for
trading future of a movie's gross box office receipt. Rich sent to many
people a writing explaining his movie trading idea and asked us to provide
some feedback.

I think the idea (see below) might be applicable to other parts of Enron. We
can call it "Dynamic bid-ask price process".
In fact, we can set that the bidding period is closed when no new bid is
submitted to the system within a specified amount of time. The final
(clearing) bid and ask prices are just the last "tentative" price shown to
the public before the bidding period ends. (So the customers can see the
final price before the market close and can revise their bids if they wish.)

I think this method is suitable for illiquid products to be traded via
EnronOnline.com.
-Chonawee

---------------------- Forwarded by Chonawee Supatgiat/Corp/Enron on
04/24/2001 07:48 PM ---------------------------

Chonawee Supatgiat
04/24/2001 07:40 PM
To: Richard DiMichele/Enron Communications@Enron Communications
cc: Chonawee Supatgiat/Corp/Enron@ENRON, Cynthia Harkness/Enron
Communications@Enron Communications, Greg Wolfe/HOU/ECT@ECT, James
Ginty/Enron Communications@Enron Communications, Jim Fallon/Enron
Communications@Enron Communications, Kelly Kimberly/Enron
Communications@Enron Communications, Kevin Howard/Enron Communications@Enron
Communications, Key Kasravi/Enron Communications@Enron Communications,
Kristin Albrecht/Enron Communications@Enron Communications, Kristina
Mordaunt/Enron Communications@Enron Communications, Martin
Lin/Contractor/Enron Communications@Enron Communications, Paul Racicot/Enron
Communications@Enron Communications, Zachary McCarroll/Enron
Communications@Enron Communications, Martin Lin/Contractor/Enron
Communications@Enron Communications

Subject: calculating bid-ask prices

I think we should let the price float with the market instead of trying to
forecast it. Otherwise, if our forecast is not consistence with the market,
we may have an imbalance in the bid-ask orders and we may end up taking some
positions. You know, as Russ and Martin pointed out, we cannot fight with the
studio and exhibitors because they have inside information and can game the
price easily.

One way to ensure the balance of the bid-ask orders is to embed an exchange
system inside our bid-ask prices front end. Each week, we have a trading
period. During the period, instead of posting bid-ask prices, we post
"tentative" bid-ask prices, then we ask our customers to submit their
acceptable buying or selling price. These "tentative" bid-ask prices get
updated and are shown to the public. Of course, customers can revise/withdraw
their bids anytime during the trading period. At the end of the period, we
calculate and post the final bid and ask prices. The seller who submits lower
selling price than our final bid price gets paid at the bid price. The buyer
who submits higher buying price than our final ask price pays at the ask
price. Next week, we repeat the same process.

This way, we can manage our positions easily and we can also behave like a
broker where we don't take any position at all. We make profit from those
bid-ask spread. We don't have to worry about forecasting accuracy and
insiders' trading because we don't have to take any position. Let the market
be the one who decides the price.

If we maintain our net position as zero, at the end, when all the actual
gross box office numbers are reported in those publications, our customers
with open long/short positions are perfectly matched. Using the
mark-to-market charge can reduce credit risk.

Thanks,
-Chonawee

---------------------- Forwarded by Chonawee Supatgiat/Corp/Enron on
04/24/2001 07:24 PM ---------------------------

Chonawee Supatgiat
04/20/2001 04:31 PM
To: Richard DiMichele/Enron Communications@Enron Communications, Key
Kasravi/Enron Communications@Enron Communications
cc: Martin Lin/Contractor/Enron Communications@Enron Communications

Subject: some more input

Hi Rich and Key,
Again I think your idea is very good. I think that we, as a market maker, can
reduce our credit risk (risk of default) if we do the "mark-to-market"
charging. That is, each week when we release a new expected value of the
gross box office receipt, we balance all the opening positions the same way
as in a regular future market. This way, we can give margin calls to the
couterparties who are expected to owe us a lots of money.
In the last paragraph, I think the gross box office can also be determined
from the market itself (i.e., if there are lots of buyers, our offer price
should go up.)
We can offer other derivative products such as options as well.
-Chonawee


> At the TAC meeting in October, TAC formed the
> Protocol Implementation Work Group (PIWG).  The
> timeline for the work group's activities
> included a milestone of ERCOT staff delivering a
> summary of the Protocol/System gaps on November
> 15th.  This message is the delivery of that
> summary.
>
> The Consortium conducted a reconciliation of the
> November 1 Protocols to the system design.
> ERCOT staff reviewed the reconciliation provided
> by the Consortium.  There were a number of
> issues included in the reconciliation that are
> still under review with the vendors.  The
> finalization of that review is being completed
> as quickly as possible.  Based on the decisions
> during the review, there may be some more issues
> that will need to be added to the Protocol
> Implementation Plan (PIP).
>
> There were a number of issues that relate to
> things that are in the November 1 Protocols that
> are not in the current system design and will
> not be available on June 1, 2001.  ERCOT staff
> worked very hard over the last few days to
> prepare those issues to be sent to the PIWG for
> review and criticality analysis.  ERCOT staff
> used the November 1 Protocols as a baseline.  We
> boxed the language that related to things that
> would not be available and in effect on June 1,
> 2001.  The box includes a PIP Issue number,
> explanation of the reason the Nov. 1 language is
> in the box, and an explanation of the
> restoration process for the November 1 language.
> In the body of the Protocol document, we drafted
> redline language which reflects what will be in
> place on June 1, 2001.
>
> The attached files contain:
>
> (1)   PIP Master List - This is a master list of
> all the Protocol Implementation Plan (PIP)
> issues that have been identified to date.  It
> contains an issue name, Protocol subsection
> reference, summary of the issue, status, and
> ERCOT author.
>
> (2)  A file for each PIP issue which contains an
> excerpt from the Nov. 1 Protocol reflecting the
> boxes and redlined language.
>
> (3)  Reconciliation documents for PIP issues
> that the PIWG has already discussed.
>
> All of these issues will be discussed at PIWG
> meetings.  We will be working with Brad Jones,
> PIWG Chair, to set up the meeting days and the
> agenda for reviewing each of these issues.  The
> agenda will be published prior to the meetings
> so that organizations have the opportunity to
> identify the appropriate persons to attend.  In
> addition, ERCOT staff will be working with the
> PIWG during the discussions of each issue.
>
> The PIWG has a lot to accomplish in a short
> amount of time.  ERCOT staff has prepared the
> issues to help expedite the process and
> contribute to the process.  We look forward to
> completing the PIP.
>
> Cheryl F. Moseley
> Business Rules and Contracts Manager
> ERCOT
> 512/248-3880
> 512/750-8152 cell
> 512/248-3886 fax
>
>
> Please note:  There will be a total of 10
> e-mails including this one in this message.
>


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/17/99
03:32 PM ---------------------------

Vince J Kaminski
12/09/99 03:33 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: CERA CERA Monthly Summary--November 1999 - Monthly Summary

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/09/99
03:32 PM ---------------------------

webmaster@cera.com on 12/06/99 04:05:27 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: CERA CERA Monthly Summary--November 1999 - Monthly Summary

**********************************************************************
CERA Monthly Summary:Mon, December 06, 1999
**********************************************************************

Title: CERA Monthly Summary--November 1999
Author: CERA
E-Mail Category: Monthly Summary
Product Line: Monthly Summary ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=5166&m=1002 ,

Table of Contents

01] Western Energy Markets: Awaiting Normal Weather
02] Russian Gas to Turkey: Is Blue Stream in Trouble?
03] Will Russia Have Free and Fair Elections?
04] Who's Who in the Russian Election
05] Lukoil Buys Neftokhim: New Step in Russian Producers' Expansion into
Eastern Europe
06] European Energy Signpost--Marching to Market: The Zeebrugge Trade in Gas
07] Afloat but Adrift? Energy Markets and the Undercurrent of Change
08] Special Report: Africa's Emerging Electricity Markets
09] Comg?s (G?s Noroeste) Privatization: Oncoming Competitive Distribution
10] Argentina: Increased Water Flow Keeps Power Prices Soft
11] Brazilian Oil Markets: Finishing 1999 on an Upswing?
12] North American Natural Gas: CERA Long-term Outlook
13] North American Natural Gas Midmonth Report: The Late Start
14] A New Set of Demons? Threats to US Industrial Gas Demand
15] Rediscovering the Rockies: Challenges of a Major Gas Supply Region
16] Knocking More NOx Out of Power Generation: How Much? Who Pays?
17] Fuel Cells--A Paradigm Shift or Media Hype?
18] Refined Products Line--November 1999
19] Hints about the Tri-lateral Producer Meeting Next Week
20] World Oil Watch: Volatility with OPEC in the Driver's Seat
21] Iraq Turns the Oil Tap: The Politics of Defiance

CERA Monthly Summary: November 1999
The following message is a summary of all CERA research posted on our web
site (eprofile.cera.com) during the month of November 1999.

**********************************************************************
CERA Alert : 11/23/1999
**********************************************************************

Title: Western Energy Markets: Awaiting Normal Weather
Author: Zenker, Moritzburke
E-Mail Category: Alert
Product Line: California Energy
URL:
http://EPROFILE.CERA.COM/client/ce/alt/112399_18/ce_alt_112399_18_ab.html

Summary:
When the energy industry completes the chapter on 1999, two footnotes will
certainly have been made to record the two dominant weather events of the
year in the West: the abundant precipitation and the mild summer. Significant
year-over-year weather changes have always affected western energy markets,
with swings in hydroelectric generation and summer weather determining the
outputs of gas-fired, coal-fired, and even nuclear generation. The shift from
a dry year to a wet year can change annual gas use for power generation by as
much as 1 billion cubic feet per day or 36 percent of total generation
demand. Consequently, a return to normal summer weather in 2000 would
significantly boost gas flows for power generation, while also adding to coal
generation and increasing both power prices and volatility. Gas markets in
the West and across the continent in November have experienced unseasonably
low demand and--as in recent days--sudden drops in prices. CERA sees the
current weathe!
!
r effects as temporary and expects prices to rebound with the arrival of more
seasonally normal weather.

**********************************************************************
CERA Alert : 11/15/1999
**********************************************************************

Title: Russian Gas to Turkey: Is Blue Stream in Trouble?
Author: Gustafson
E-Mail Category: Alert
Product Line: Eurasia Energy
URL:
http://eprofile.cera.com/client/fsu/alt/111599_14/fsu_alt_111599_14_ab.html

Summary:
The momentum behind Russia's Blue Stream gas export pipeline to Turkey has
suddenly dissipated; because of delays on the key "protocol" on tax
concessions for contractors, project financing has hit a snag. Both sides
insist the delay is only "technical," but recent events suggest more serious
problems. Prime Minister Bulent Ecevit's decision not to sign the tax
protocol in Moscow last week could be a reflection of Turkish concern not to
embarrass the United States at the upcoming OSCE summit, or to endanger the
Baku-Ceyhan pipeline, which the Turks strongly favor. After the summit the
Turks could return to their own game plan--to nail down their future gas
supplies, whatever their source. But that may be too simple a reading. The
Turkish ruling coalition recently has shown signs of strain, and Blue Stream
has come under attack from several directions inside Turkey. Although once
the summit ends, the Turks and Russians could continue negotiations on Blue
Stream--but in the char!
!
ged political atmosphere in both Ankara and Moscow, nothing is certain.

**********************************************************************
CERA Alert : 11/15/1999
**********************************************************************

Title: Will Russia Have Free and Fair Elections?
Author: Colton
E-Mail Category: Alert
Product Line: Eurasia Energy
URL:
http://eprofile.cera.com/client/fsu/alt/111599_17/fsu_alt_111599_17_ab.html

Summary:
Russia's 1999-2000 election cycle is being closely watched to see who wins
and, more importantly, if the elections are held freely and fairly. Despite
allegations that Yeltsin's "Family" clique will find a way to subvert
elections, Russia looks more likely to stay on track, at least in next
month's parliamentary elections. Broader public discussion of the danger of
electoral corruption and fraud has taken place, a more balanced Central
Election Commission has been established, and the interaction of regional
players in the electoral process has occurred--all positive developments on
the eve of elections. Yet, despite the implementation of positive changes,
electoral abuses are likely to occur. Only time will tell how significant
such abuses will be and what they will mean for the future composition of the
Russian government.

**********************************************************************
CERA Alert : 11/24/1999
**********************************************************************

Title: Who's Who in the Russian Election
Author: Colton
E-Mail Category: Alert
Product Line: Eurasia Energy
URL:
http://EPROFILE.CERA.COM/client/fsu/alt/112499_10/fsu_alt_112499_10_ab.html

Summary:
Russia's nascent party system brings with it a complicated web of old and new
players and coalitions of players all hoping to cross the 5 percent threshold
in the December 19 parliamentary elections. The formation of a multitude of
parties and quasi-parties poses a challenge to constituents struggling to
develop an understanding of who makes up these parties, where they sit on the
political spectrum, and how they will best represent their interests if
elected to office. Yet some parties in the upcoming elections do enjoy the
benefit of some level of experience, with almost a third of this year's
candidates having run in the last election. Furthermore, the consolidation of
political factions since 1995 has helped establish more lucid political
categories with which to classify parties. Although immature, Russia's party
system has made headway since the 1993 and 1995 elections and will certainly
prove to be an interesting race to watch.

**********************************************************************
CERA Alert : 11/30/1999
**********************************************************************

Title: Lukoil Buys Neftokhim: New Step in Russian Producers' Expansion into
Eastern Europe
Author: Tabarovsky
E-Mail Category: Alert
Product Line: Eurasia Energy
URL:
http://eprofile.cera.com/client/fsu/alt/113099_17/fsu_alt_113099_17_ab.html

Summary:
Lukoil's acquisition of a controlling stake in Bulgaria's largest oil
refinery, Neftokhim, marked a new step in Lukoil's expansion into the East
European downstream. But Lukoil is not the only contender. Yukos has proved
to be a serious competitor, expanding into the markets that have
traditionally belonged to Lukoil. Despite availability of alternative sources
of supply, East European refineries continue to rely heavily on Russian
crude, putting Russian producers in a strong negotiating position vis-.-vis
the refineries and Western competitors.

**********************************************************************
CERA Alert : 11/29/1999
**********************************************************************

Title: European Energy Signpost--Marching to Market: The Zeebrugge Trade in
Gas
Author: Blakey
E-Mail Category: Alert
Product Line: European Gas & Power
URL:
http://eprofile.cera.com/client/egp/alt/112399_10/egp_alt_112399_10_ab.html

Summary:
Two months into the 1999/2000 heating season in Europe it is already clear
that a new basis for pricing and trading gas in the Continental business--the
march to market--has begun. Principal-to-principal gas trade at Zeebrugge is
taking place, with an increasing number of participants. A new "standard
contract" and a so-called Hub Services Agreement were launched last week,
under the auspices of Belgium's Distrigaz. Together these agreements provide
mechanisms for day-ahead and within-the-day trading.

**********************************************************************
CERA Watch : 11/04/1999
**********************************************************************

Title: Afloat but Adrift? Energy Markets and the Undercurrent of Change
Author: Global Energy Team
E-Mail Category: Watch
Product Line: Global Energy
URL:
http://EPROFILE.CERA.COM/client/ge/wch/110399_11/ge_wch_110399_11_ab.html

Summary:
Technology and geopolitics feature prominently in CERA's November 1999 Global
Energy Watch. E-commerce is growing exponentially, with the energy industry
contributing to this new revolution in information technology. A major
geopolitical shift is under way, with OPEC and participating non-OPEC
countries committed to limiting production by an additional 2.1 million
barrels per day to reduce excess oil inventories. The result--a near doubling
of oil prices in less than a year--assures that companies and oil-producing
governments will end 1999 with stronger balance sheets and budgets more in
line with societal and corporate needs. The Asia Pacific region's
recoveries--while not assured--look stronger than six months ago. China,
Japan, and Indonesia remain question marks, but Thailand, Malaysia, and India
look promising, and Korea is rebounding well. In the United States and Europe
restructuring continues in the electric power and natural gas sectors. As
corporate mergers continue!
!
 to increase in number, with new announcements almost weekly, these companies
as well as smaller, independent competitors increasingly turn to
technological innovation to stay ahead of the competition.

**********************************************************************
CERA Private Report : 11/09/1999
**********************************************************************

Title: Special Report: Africa's Emerging Electricity Markets
Author: Mitter
E-Mail Category: Private Report
Product Line: Global Energy
URL:
http://eprofile.cera.com/client/ge/pr/110599_16/ge_pr_110599_16_ab.html

Summary:
Substantial sections of Africa are now open for business within the global
power community, and early entrants have found rewarding opportunities up and
down the power value chain. But incomplete reform processes and
often-difficult operating conditions mean that investment in Africa comes
with substantial risks. CERA argues that successful investors will draw not
just on favorable skill sets and fuel supply positions, but also on localized
understanding of emerging regional markets, augmented crucially by
on-the-ground experience.

**********************************************************************
CERA Alert : 11/19/1999
**********************************************************************

Title: Comg?s (G?s Noroeste) Privatization: Oncoming Competitive Distribution
Author: Durbin, Mattos, Wrobel
E-Mail Category: Alert
Product Line: Latin American Energy
URL:
http://EPROFILE.CERA.COM/client/la/alt/111999_15/la_alt_111999_15_ab.html

Summary:
The successful privatization of the northwest region of the Comg?s concession
area indicates that private investors are responding to the government's
desire to create a competitive energy market. Agip, a part of ENI of Italy,
made a winning bid of US$143 million, or US$86 million above the base price.
Agip already tried to purchase Comg?s but lost to the consortium of British
Gas and Shell by US$231 million. Agip's purchase of the concession is central
to the creation of a competitive gas distribution network in S?o Paulo. This
greenfield concession is outside the congested metropolitan area, meaning
that it will have a lower cost per mile of construction to develop its
infrastructure-potentially resulting in lower tariffs than BG/Shell's
existing Comg?s concession.

**********************************************************************
CERA Alert : 11/19/1999
**********************************************************************

Title: Argentina: Increased Water Flow Keeps Power Prices Soft
Author: Wrobel
E-Mail Category: Alert
Product Line: Latin American Energy
URL:
http://eprofile.cera.com/client/la/alt/111999_14/la_alt_111999_14_ab.html

Summary:
Monthly power prices in October continued down September's lower price path.
Although demand levels were similar to September's, hydro output continued to
increase its share of output, but counteracting this increase was higher
unavailability of thermal generators. This low price path appears to be the
forecast for the months to come, with fluctuations around $15 per MWh being
the result of changes in demand, thermal unavailability, and hydro output.
Dramatic price spikes have not occurred and are not expected in the near term
without some unexpected loss of low-cost capacity. The price spikes that do
occur will likely be infrequent and around $30 per MWh. Looking ahead, the
concern of the market continues to be that if new low-cost capacity is added
to the already oversupplied market, power prices have only one way to
go--flatter and down.

**********************************************************************
CERA Alert : 11/23/1999
**********************************************************************

Title: Brazilian Oil Markets: Finishing 1999 on an Upswing?
Author: Scott, Mattos
E-Mail Category: Alert
Product Line: Latin American Energy
URL:
http://eprofile.cera.com/client/la/alt/112399_16/la_alt_112399_16_ab.html

Summary:
Brazilian oil product demand continues to be affected by the economic slump
in addition to higher product prices. Nevertheless, CERA expects that fourth
quarter demand will improve, with a significant recovery in the first quarter
of 2000. Regional product demand highlights include the south and southeast
regions, which account for approximately 70 percent of total product demand
in Brazil.

**********************************************************************
CERA Decision Brief : 11/10/1999
**********************************************************************

Title: CERA Long-term Outlook
Author: N. American Natural Gas Team
E-Mail Category: Decision Brief
Product Line: North American Gas
URL:
http://EPROFILE.CERA.COM/client/nag/db/110999_12/nag_db_110999_12_ab.html

Summary:
The natural gas industry faces the challenge of developing adequate supply
resources and infrastructure for what could become a 30 trillion cubic foot
(Tcf) market in the United States over the next decade. CERA assesses the
long-term impact of this challenge on the North American gas market through a
series of three distinct and internally consistent scenarios.

Although all three scenarios are highly plausible, market indicators as of
the winter of 1999 point to a longer-term path more consistent with the
Gas-Favored scenario, with a near- to midterm risk that the market could be
driven up to a balance more similar to the Supply Realignment scenario. Key
uncertainties to watch over the next year as signposts to the future path of
price include the extent of the supply response, the stability of the US
economy, and penetration of gas into the power generation market.

**********************************************************************
CERA Alert : 11/15/1999
**********************************************************************

Title: Midmonth Report: The Late Start
Author: N. American Gas Team
E-Mail Category: Alert
Product Line: North American Gas
URL:
http://eprofile.cera.com/client/nag/alt/111599_16/nag_alt_111599_16_ab.html

Summary:
A late start to the heating season temporarily releases pressure in the gas
market, but it does not change market fundamentals. The warm weather during
the first half of November has delayed storage withdrawals. However, it has
not endured long enough to allow storage inventories to offset the supply
decline of 1.0-1.5 Bcf per day, despite added imports. In the event that warm
weather persists for a few more weeks, natural gas storage inventory levels
will be adequate for the winter season. However, it is more likely that the
return of seasonal weather will bring with it a sharp rebound in prices and a
market scenario of tight supply.

**********************************************************************
CERA Decision Brief : 11/29/1999
**********************************************************************

Title: A New Set of Demons? Threats to US Industrial Gas Demand
Author: Hoffman
E-Mail Category: Decision Brief
Product Line: North American Gas
URL:
http://EPROFILE.CERA.COM/client/nag/db/112699_10/nag_db_112699_10_ab.html

Summary:
Amid the enthusiasm for growing gas use in power generation, there is a
downside risk to the future of industrial gas use that has gone largely
unnoticed. Indeed, the industrial sector's use of natural gas, the largest
source of demand for natural gas in North America, is in danger of not
growing at all or even declining over the next several years. A variety of
threats is set to act on North American industrial gas demand, not the least
of which is the potential for continued high gas prices throughout North
America over the next several years.

These threats have not received wide attention because they have been
obscured by the Asian financial crisis, which forced North American
industrial demand growth to a standstill beginning in 1998. While the worst
of the global commodities surplus may have passed, there is as yet no rebound
occurring in industrial gas consumption in North America. Instead, gas
consumption in several key gas-intensive industries is now being suppressed
by a different set of threats: global industrial competition, high domestic
gas prices, ample supplies of low-cost gas outside of North America,
continuous energy efficiency improvements, and structural change.

**********************************************************************
CERA Private Report : 11/30/1999
**********************************************************************

Title: Rediscovering the Rockies: Challenges of a Major Gas Supply Region
Author: Eynon
E-Mail Category: Private Report
Product Line: North American Gas
URL:
http://eprofile.cera.com/client/nag/pr/112999_14/nag_pr_112999_14_ab.html

Summary:
The rush to develop new sources of gas supply in North America is on-and the
Rocky Mountains could be at the forefront of new supply development. Overall
US natural gas productive capacity has declined recently through low prices
and depressed drilling activity. However, demand pressure in North America is
intensifying-driven by a wave of new gas-fired power plants currently under
construction. The resulting higher gas prices further spotlight the need for
additional supply capability from a number of regions-especially the Gulf of
Mexico, western Canada, offshore eastern Canada, and the Rockies, the focus
of renewed interest as an area of huge resource potential capable of meeting
a substantial portion of the demand growth. The Rockies (even without the San
Juan Basin) could be capable of sustaining a production level of up to 10 Bcf
per day by 2015, with sustained high gas prices and integration of the
pipeline infrastructure. This CERA report evaluates the resource base, ex!
!
amines the region's limited growth over the past decade, and identifies the
challenges facing Rockies' producers.

**********************************************************************
CERA Private Report : 11/05/1999
**********************************************************************

Title: Knocking More NOx Out of Power Generation: How Much? Who Pays?
Author: Goodman, Makovich, Robertson
E-Mail Category: Private Report
Product Line: North American Power
URL:
http://eprofile.cera.com/client/nap/pr/110399_15/nap_pr_110399_15_ab.html

Summary:
Knocking more NOx out of power generation is nothing new, but the move from
regulation to the marketplace means that the competitive impacts of
additional nitrogen oxide emissions reductions are as complex and significant
now as the environmental impacts. The potential tilt to the competitive
playing field has moved both old and new NOx regulations into the courts.
Industry restructuring also means that the market will determine who pays the
billions of dollars in NOx emission control costs. Pending court decisions
will determine how much NOx emissions are allowed in power production and
will also define one of the key attributes of the future competitive power
business landscape.

**********************************************************************
CERA Private Report : 11/29/1999
**********************************************************************

Title: Fuel Cells--A Paradigm Shift or Media Hype?
Author: Goodman
E-Mail Category: Private Report
Product Line: North American Power
URL:
http://eprofile.cera.com/client/nap/pr/111799_17/nap_pr_111799_17_ab.html

Summary:
Fuel cells have achieved some successes, but more in niche applications
rather than as a mass technology at this stage. Several divergent issues such
as power restructuring, technological developments, environmental issues,
power quality, and reliability are converging to give a boost to fuel cells
in commercial and possible residential applications. The technology still
suffers under economic constraints, however, and developments in the fuel
processing component of the fuel cell system will be critical to rapid
commercialization.

**********************************************************************
CERA Alert : 11/16/1999
**********************************************************************

Title: Refined Products Line
Author: Veno
E-Mail Category: Alert
Product Line: Refined Products
URL:
http://eprofile.cera.com/client/rp/alt/111699_16/rp_alt_111699_16_ab.html

Summary:
Differentials versus WTI for major refined products on the US Gulf Coast
increased during October3/4except for unleaded gasoline margins, which fell
for the second month in a row to reach $2.16 per barrel during October.
Responding to sharp increases in demand and declines in primary inventories,
high sulfur No. 2 fuel oil and jet kerosene margins versus WTI climbed to
$1.29 per barrel and $2.45 per barrel, respectively, during October.
Distillate apparent demand skyrocketed by 0.4 mbd to 3.88 mbd and jet fuel
apparent demand rose to 1.75 mbd during October, with the arrival of cooler
weather and the start of the home heating oil season adding strength to both
markets.

**********************************************************************
CERA Alert : 11/10/1999
**********************************************************************

Title: Hints about the Tri-lateral Producer Meeting Next Week
Author: World Oil Team
E-Mail Category: Alert
Product Line: World Oil
URL:
http://EPROFILE.CERA.COM/client/wo/alt/111099_17/wo_alt_111099_17_ab.html

Summary:
On November 16 and 17 the oil ministers from Saudi Arabia, Venezuela, and
Mexico are planning to meet in Riyadh to discuss the oil market and continue
the process of forging agreement on what to do about quotas once the current
production restraint agreement expires on April 1, 2000. Hints that these
ministers are considering proposing that the agreement be extended to June
are helping to support prices this week. WTI and Brent have climbed nearly
$1.50 per barrel so far this week.

**********************************************************************
CERA Watch : 11/16/1999
**********************************************************************

Title: Volatility with OPEC in the Driver's Seat
Author: Hittle; Stanislaw
E-Mail Category: Watch
Product Line: World Oil
URL:
http://EPROFILE.CERA.COM/client/wo/wch/111699_11/wo_wch_111699_11_ab.html

Summary:
As 1999 closes, OPEC and non-OPEC Mexico face the tricky task of determining
the next step after their success in reversing the price collapse of 1998. A
decision must be made on when and how to allow unused capacity back in the
market. The stakes are high: if they fail to bring on capacity in time, then
prices could soar upward even further and undermine much of the demand growth
that is helping the price recovery. CERA's new Autumn World Oil Watch
provides an updated price outlook for late 1999 and 2000 based on our
assessment of OPEC's possible choices. Adding upward price pressure this
quarter, we have revised our estimate of OPEC adherence to the March
production agreements to roughly 80 percent for the fourth quarter.

**********************************************************************
CERA Alert : 11/22/1999
**********************************************************************

Title: Iraq Turns the Oil Tap: The Politics of Defiance
Author: World Oil Team
E-Mail Category: Alert
Product Line: World Oil
URL:
http://EPROFILE.CERA.COM/client/wo/alt/112299_18/wo_alt_112299_18_ab.html

Summary:
Since mid-year, the UN Security Council--particularly its five permanent
members--has sought to reach consensus on a comprehensive resolution on Iraq.
Recently, progress toward a comprehensive resolution seemed to be being made,
until the effort unexpectedly became entangled with renewal of limited oil
exports, under resolution 986, for a seventh 180-day period upon expiration
of phase six on November 20.

**end**

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Questions/Comments: webmaster@cera.com
Copyright 1999. Cambridge Energy Research Associates


------------------------------------------------------------------------------------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

December 07, 2001 5:00pm through December 10, 2001 12:00am
------------------------------------------------------------------------------------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS:

Impact:   Corp
Time:   Fri 12/7/2001 6:00:00 PM CT thru Fri 12/7/2001 7:00:00 PM CT
	Fri 12/7/2001 4:00:00 PM PT thru Fri 12/7/2001 5:00:00 PM PT
	Sat 12/8/2001 London thru Sat 12/8/2001 1:00:00 AM London
Outage:   NAHOU-PSECN04P Repair
Environments Impacted:   Print Server
Purpose:   Cluster NAHOU-PSECN04V has failed drives
Backout:   replace old drives back in system
Contact(s):   Clark, Charles  713-286-5065

Impact:   Corp
Time:   Sat 12/8/2001 6:00:00 PM CT thru Sun 12/9/2001 6:00:00 AM CT
	Sat 12/8/2001 4:00:00 PM PT thru Sun 12/9/2001 4:00:00 AM PT
	Sun 12/9/2001 London thru Sun 12/9/2001 12:00:00 PM London
Outage:   Cron updates for Oracle HA test cluster server ernie
Environments Impacted:   EBS oracle testing environment.
Purpose:   General mainenance.
Backout:   Remove new cron jobs until we determine problem.
Contact(s):   Wells, Malcolm  713-345-3716

Impact:   Corp
Time:   Sat 12/8/2001 6:00:00 PM CT thru Sun 12/9/2001 6:00:00 AM CT
	Sat 12/8/2001 4:00:00 PM PT thru Sun 12/9/2001 4:00:00 AM PT
	Sun 12/9/2001 London thru Sun 12/9/2001 12:00:00 PM London
Outage:   Cron updates for Oracle HA test cluster server bert
Environments Impacted:   EBS oracle testing environment.
Purpose:   General mainenance.
Backout:   Remove new cron jobs until we determine problem.
Contact(s):   Wells, Malcolm  713-345-3716

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI: No Scheduled Outages.

EES:

Impact:   Corp
Time:   Fri 12/7/2001 6:00:00 PM CT thru Fri 12/7/2001 7:00:00 PM CT
	Fri 12/7/2001 4:00:00 PM PT thru Fri 12/7/2001 5:00:00 PM PT
	Sat 12/8/2001 London thru Sat 12/8/2001 1:00:00 AM London
Outage:   NAHOU-PSECN04P Repair
Environments Impacted:   Print Server
Purpose:   Cluster NAHOU-PSECN04V has failed drives
Backout:   replace old drives back in system
Contact(s):   Clark, Charles  713-286-5065

ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS:

ENRON NORTH AMERICAN LANS:  No Scheduled Outages.

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: No Scheduled Outages.

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY:

Impact:   Corp
Time:   Sat 12/8/2001 10:00:00 PM CT thru Sun 12/9/2001 2:00:00 AM CT
	Sat 12/8/2001 8:00:00 PM PT thru Sun 12/9/2001 12:00:00 AM PT
	Sun 12/9/2001 4:00:00 AM London thru Sun 12/9/2001 8:00:00 AM London
Outage:   Intuity VoiceMail Node 3 Emergency Maintenance
Environments Impacted:   Node 3 voicemail users
Purpose:   Unix Database file needs rebuilding to fix broadcat pointers.
Backout:
Contact(s):   Cynthia Siniard 713-853-0558

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:  No Scheduled Outages.

----------------------------------------------------------------------------------------------------------------------------
								FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center

Specific Help:
Information Risk Management			(713) 853-5536
SAP/ISC                                                                               (713) 345-4727
Unify On-Call 					(713) 284-3757  [Pager]
Sitara On-Call					(713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS			(713) 639-9726  [Pager]
OSS/UA4/TARP				(713) 285-3165  [Pager]
CPR						(713) 284-4175  [Pager]
EDI Support 					(713) 327-3893  [Pager]
EES Help Desk					(713)853-9797 OR (888)853-9797
TDS -Trader Decision Support On-Call                    (713) 327-6032 [Pager]


We have received an executed Assignment and Assumption Agreement effective
November 17, 2000, whereby Florida Power & Light Company assigned a
transaction to FPL Energy Power Marketing, Inc.  Copies will be distributed.

Stephanie Panus


I'm trying to locate Matt right now to verify - but he has two identical
trades with TFS in his trade log. I'll let you know when I find out.

Stephanie Piwetz   02/23/2001 01:24 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: deal

Kate,

TFS just shows one trade with Matt motley, we have two entered 530551.01,
530557.01.
thanks

530263.01
Apb showed:  just ch cp to city of mcminnville > OKAY


Attached is a revised list of GCP additional adjustments in Blue,
highlighting the correct name and CP ID of the Counterparty with the name
discrepancy resolved.

Adnan

To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Adnan
Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT, Paul
Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT,
Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Stacey
Richardson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Noel
Petterson/Corp/Enron@Enron, Walter Guidroz/NA/Enron@Enron
cc:
Subject: Re: ClickPaper approvals, 12-7-00 _ GCP Response

GCP adjustments are highlighted in red.

Rgds.

Samuel x3-9890
(GCP_ENA)

Walter Guidroz@ENRON
12/07/2000 09:00 AM
To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT,
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Stacey Richardson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Noel
Petterson/Corp/Enron@Enron, Walter Guidroz/NA/Enron@Enron
cc:
Subject: ClickPaper approvals, 12-7-00

Attached are ClickPaper approvals for December 7, 2000.


I'll bring this up with Mr. Fawcett today and you will hear back from either
him or I or both shortly!  Glad to be of help.  DF

"George Briden" <gbriden.snakehill@worldnet.att.net> on 03/27/2000 08:57:04 AM
To: "Drew Fossum" <Drew.Fossum@enron.com>
cc:

Subject: Wikieup/Big Sandy Project

Drew;
Thanks for sending me off to read the order in CP99-522, etc.? I've  gotten a
good feel for the relevant TW issues.
Based on our preliminary information, TW looks attractive as the supply
source for the Wikieup project.?
?
FYI: I've discussed the project a couple of times with Jeff Fawcett, and he
promised a first cut estimate? of facilities costs on this (as well as
another) project, and suggested that it would be done by early March.
Currently,  however, he seems to be among the missing (not returning phone
calls,  etc.)? Maybe you could call over there and help me get his
attention??  I'd sure like to make some progress on this deal.
?
Thanks for your help.
Regards,
GB
 - George Briden.vcf


I attach for your review a draft of the Agency Agreement, redlined against
the draft Simon Halfin sent us June 9th as well as a clean draft.

I understand from Greg that a few matters are still under discussion, such as
the payment arrangements, and will need to be worked into the next draft.

Please feel free to call me at 713-221-1414 if you have any questions
whatsoever.

Best regards,

David A. Tucker
Bracewell & Patterson, L.L.P.
Pennzoil Place, South Tower
711 Louisiana
Houston, Texas 77002
Phone:  (713) 221-1414
Fax:  (713) 221-1212
Email:   dtucker@bracepatt.com

 - #1127382 vRED - NEW AGENCY AGREEMENT.rtf
 - #1127382 v16 - NEW AGENCY AGREEMENT.doc


Good afternoon John,

I just want to drop you a line to update you re: Andy Fastow.  I have
confirmed a one hour interview slot with Mr. Fastow in Monday, December 4th
from
11:00 a.m. - noon.  This is in addition to your schedule interviews with Mr.
Lay and Mr. Skilling - outline below.

If you have any questions, please do not hesitate to contact me at
713-853-5670.

Regards,

Cindy

----- Forwarded by Cindy Derecskey/Corp/Enron on 11/06/2000 04:49 PM -----

	Cindy Derecskey
	10/31/2000 01:44 PM

		 To: "John Martin" <J_Martin@baylor.edu>
		 cc: Vince J Kaminski/HOU/ECT@ECT, Christie Patrick/HOU/ECT@ECT
		 Subject: RE: Enron Case Study

Good afternoon John,

I hope things are well with you.  I am writing to update you on the status of
your meetings with Andy Fastow, Ken Lay and Jeff Skilling.  I have arranged
the following meeting dates and times with Ken Lay and Jeff Skilling, (I am
still trying to work with Andy Fastow's schedule):

Jeff Skilling
December 4th
2:00 - 3:00 p.m.

Ken Lay
December 4th
3:30 - 4:30 p.m.

Also, I will attempt to schedule the meeting with Andy Fastow for December
4th for convenience - this will also allow us to possibly schedule additional
meetings for the 5th (as needed).  I will let you know as soon as I'm
successful.

Regards,

Cindy Derecskey
University Affairs
Enron Corp.


FYI _ Still waiting to hear a reply from PG&E

	Peter Keohane
	05/07/2001 04:39 PM

		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc: Mark Powell/CAL/ECT@ECT
		 Subject: Re: PG&E Canadian Gas Master

Any time tomorrow other than 4pm Central, 3pm Mountain, 2pm Pacific would be
fine.  Mark prepared the comments. so he will be involved as well.  Mark in
advance of the meeting please review our comments.

From: Elizabeth Sager on 05/07/2001 02:30 PM CDT
To: Peter Keohane/CAL/ECT@ECT
cc:
Subject: PG&E Canadian Gas Master

Peter
Larry Witalis at PG&E wants to set up a meeting on Tues the 8th to go over
the Canadian gas master - would you or somebody else be available some time
tomorrow?  Thanks
Elizabeth
713 853 6349


On Wednesday night May 23, 2001 you will be converted to Outlook.  Please
watch you email for three (3) memos you
will receive prior to the conversion date.  You will need to follow the
directions to make sure all mail in notes is
moved over to Outlook.

Thank You