Note:  I had been sending the Arctic market intelligence to John Goodpasture.   Is your group primary on the project now, or do I continue to send to someone else?  Let me know.
Arctic Resources Gains Key Aboriginal Support for Northern Pipe
Arctic Resources Co., the upstart that only last year entered the myriad of pipeline proposals to move northern gas into the Lower 48, moved a few steps closer to fulfilling its dream of building a pipeline from Alaska's Prudhoe Bay to Edmonton, AB, last week by earning the endorsement of key Canadian aboriginal leaders.
The cornerstone of ARC's approach is to build a consortium of political, producer, transportation and regional leaders; without aboriginal support, the plan would never succeed. However, Bob Murphy, point man for Houston-based ARC, said Friday that if all continues to go well, "gas could be flowing by 2006."
Last week, aboriginal leaders representing the Sahtu landowners and the Alberta First Nations agreed to endorse the project, including its approach to providing pipeline management by aboriginal and Native American groups involved in the governance of the project.  The Deh Cho, said Murphy, who also occupy a significant portion of the land through which a pipeline will travel, are now considering the proposal, and Murphy said he was optimistic.
"Together, Sahtu and Deh Cho lands represent over 70% of the land in the Northwest Territories, through which a pipeline would travel," he said. Gaining aboriginal support is key to any pipeline to the Lower 48, he said.
ARC's Northern Gas Pipeline Project would create a natural gas pipeline extending from Prudhoe Bay in Alaska through and under the Beaufort Sea, coming onshore in northern Canada and extending through the Mackenzie River Valley to interconnects in Edmonton. Following a ramp-up period, ARC estimates it would transport 4 Bcf/d through the high-pressure 1,200 mile, fully entrenched route.
The pipeline would cost $4 billion, and financing and reserves would add another $1 billion to the cost, which would be 100% debt financed. The debt financing would lower the tariffs, making it attractive to shippers, promoters say. Murphy said he's hopeful that by the end of the year, ARC could begin its pre-application permitting process, but he added there was still much to be accomplished.
"The ARC approach is all inclusive," Murphy told NGI. "We fully intend to gain the support of all of the parties because we are offering a balanced approach to project management. We believe our approach is far more than just a route. That's important to understand. Our approach offers the least expensive, the lowest tariff," he said. "Politically, we have to take care of Canadian interests. We have to take care of the political issues in Canada, and that includes bringing the aboriginal regions in. You have to do that to succeed."
ARC's proactive approach combines Canadian aboriginal and Native American interests that line the pipeline route with an independent business consortium under the company's umbrella, Murphy said. The balance of interests of the competing stakeholders offers the type of business discipline "that will be required by the capital markets and industry."
What ARC gained last week was a Framework Memorandum, executed by the Ernie MacDonald Land Corp. (EMLC), one of six Sahtu landowners whose territory would be crossed by the pipeline. The memorandum was structured to include participation of other aboriginal landowners following briefings in their communities. The Fort Norman Metis Land Corp. also agreed to join EMLC as a signatory to the memorandum.
EMLC President Larry Tourangeau said that he believed the "interests of Canada, the United States, industry, the environment and aboriginal people are best served by an initial single, cost-effective pipeline that connects both northern Canada and Alaska to southern markets without damaging either Canadian or Alaskan resources."
What EMLC also likes, and what Murphy hopes ARC can convince other aboriginal leaders of as well, is that ARC will give the affected aboriginal regions control over the pipeline --- an approach not used by other competing proposals. "We believe that aboriginal ownership and involvement, as proposed in the ARC approach, will improve the prospects for a safe, timely and economic project," said Tourangeau.
ARC Chairman Forrest Hoglund, who spearheaded the efforts of former Exxon Corp. in its unfulfilled plans to build a natural gas pipeline from Alaska almost 30 years ago, said the endorsement of aboriginal leaders "marks a major milestone to getting to the right answer quickly on this important project." He called the "one pipeline approach with aboriginal support" the "fastest, lowest cost, best environmental and best political approach" for the region.
Now it's on to gaining more support, and beginning the critical step of establishing a special purpose committee, Murphy said. The SPC would be organized and created under Canadian law and owned by certain aboriginal groups whose lands the pipeline crosses. Similar provisions would be offered for the Alaskan region, he said.
Murphy said ARC is now working with the producers interested in an Alaskan pipeline, as well as political leaders in Canada and Washington, DC. When asked how producer involvement was going, Murphy said the companies were "doing the type of work anyone would need to do" to study which option would be best for their companies.
"At the same time, we're certainly hopeful that they're going to want to perceive this route as the far more economical one and the one with the best political approach," Murphy said. "Of course, the economics of the project matter, but politics matter too. Pipelines have to work economically and not just at $9 gas. This is a long-term project, and we've put a great deal of emphasis on the business sense of it."
ARC's proposal is not the only one on the drawing board, but so far, none have gotten further than the proposal stage. No applications have been applied for yet by any of the competing proposals, which include two other major proposals:
The Alaska Natural Gas Transportation System (ANGTS): The ANGTS was approved in September 1977 by President Jimmy Carter and the U.S. Congress. The proposal envisions a 5,000-mile joint U.S.-Canadian overland pipeline that would deliver up to 2.5 Bcf/d to the Lower 48. Portions of ANGTS already have been completed, with more than 2,600 miles along two legs from Alberta into the United States. The statutory framework between Canada and the United States also still exists. However, this project has languished and environmental reviews still have not been completed. Costs for the unbuilt segments range between $7-$11 billion.
The Central Pipeline Route would follow the ANGTS to just below the Arctic National Wildlife Refuge, then travel southeast through the Yukon Flats National Wildlife Refuge into the Northwest Territories and south into the Mackenzie River Valley into Alberta. This has languished mostly because of environmental protests of the route and less political support.


Start Date: 3/3/01; HourAhead hour: 17;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Energy Import/Export schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030317.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 17 / Preferred:  11.00 / Final:   3.89)
  TRANS_TYPE: FINAL
  SC_ID: Wheelabrat
  MKT_TYPE: 2
  TRANS_DATE: 3/3/01
  UNIT_ID: MARTEL_2_AMFOR

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 17 / Preferred:  75.00 / Final:  71.46)
  TRANS_TYPE: FINAL
  SC_ID: ECTstNW
  MKT_TYPE: 2
  TRANS_DATE: 3/3/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_3000
  ENGY_TYPE: FIRM
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 17 / Preferred:  75.00 / Final:  71.40)
  TRANS_TYPE: FINAL
  SC_ID: ECTltNW
  MKT_TYPE: 2
  TRANS_DATE: 3/3/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_6000
  ENGY_TYPE: FIRM

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 17 / Preferred:  75.47 / Final:  75.29)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 3/3/01
  SC_ID: EPMI


FYI

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

-----Original Message-----
From: VAN DUSEN, Nicholas [mailto:nicholas.vandusen@freshfields.com]
Sent: Thursday, April 19, 2001 2:49 PM
To: 'ccampbell@kslaw.com'; 'gregorylang@paulhastings.com'
Cc: O'BRIEN, Lisa; PARKER, Isabel
Subject: UCCs for Salmon Energy LLC as Debtor

This e-mail is confidential and may well also be legally privileged. If you
have received it in error, you are on notice of its status.  Please notify
us immediately by reply e-mail and then delete this message from your
system.  Please do not copy it or use it for any purposes, or disclose its
contents to any other person:  to do so could be a breach of confidence.
Thank you for your co-operation.  Please contact our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email ITHelp@freshfields.com
if you need assistance.

Attached please find the UCC1s and continuation statement naming Salmon
Energy LLC as Debtor that we plan to file in conjunction with this
transaction.  These documents are being provided to you now in order to
allow you time to review them but they remain subject to our internal review
and change.

Best Regards,
Nick Van Dusen

Tel: 212-284-4984
FAX: 212-277-4001
nicholas.vandusen@freshfields.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.

 - salmon_u.pdf


EMAZING Home[IMAGE]Edit Your ProfilePrivacy

		Advice and Living - Brain Candy - Business and Money - Comics - Daybreakers -
Entertainment
		Espaol - Games - Good Thoughts - Grapevine - Greetings - Health - Hobbies -
Horoscopes
		Household Hints - Kitchen - Music - Sports - Style - Technology - Travel -
Wireless

		[IMAGE]

		== One click feeds one person ==
		Please join Emazing in helping feed thousands of people who would otherwise
go hungry this holiday season.  When you click on www.givingpool.org today,
Zthing.com will donate $1.12 to provide a meal for one person - just for
visiting the site! Click  here for more details.

		Bible Verse of the Day
		Monday November 20, 2000

		Daniel 12.3

		The Access Bible, NRSV, Old Testament, Page 1149

		"Those who are wise shall shine like the brightness of the sky . . . ."

		Order The Access Bible from Oxford University Press Online!

		Email  this tip to a friend - Browse  the Archives
		[IMAGE]

		 SPIRITUAL BOOK OF THE DAY
		Iyanla Vanzant: In the Meantime

		MOVIE OF THE DAY
		Left Behind

		Bush vs. Gore:  the cam-pain continues.
		Seek relief on the inDecision2000 'Vine.

		Got something to say?
		Hello...I love you...Congratulations...Thinking of you...Happy birthday.
Whatever you wanna say, let Emazing's e-greetings say it for you! We have
hundreds of the coolest greetings around. They're fun, FREE, and easy to
send. Click here for more information.

		Our e-greetings aren't turkeys...
		But we have plenty with turkeys on them to celebrate your holiday
get-togethers and feasts!

		JobsOnline is giving away $10,000 instant cash!
		JobsOnline is one of the Internet's leading sites for employment information
and career resources.

		Holiday gift shopping made easy...
		It's Flooz!  The online gift currency you send by email!

		     QUOTE OF THE DAY
		I,m not like George Bush. If he wins or loses, life goes on. I,ll do anything
to win.
		- Al Gore

		 [IMAGE]

		  Does "email program" mean "geek Greek" to you?
		Don't let email confuse you! Get FREE Outlook 2000 tips from EMAZING. Soon
you'll be setting up folders, sending tricky attachments, customizing your
views, and scheduling appointments. It's as easy as 1-2-3 with these tips!
Click  here for more details.

		[IMAGE]
		?
		Advertise - Company Info - Feedback - Help - Jobs - Privacy Policy - Terms &
Conditions
		Archives - Edit Your Profile -?Unsubscribe

		EMAZING.com is a service of EMAZING, INC. Copyright 2000. All Rights Reserved.
		EMAZING.com - Whatever you're into, we email it to you. FREE!
[IMAGE]


Zimin, thanks for the meeting yesterday, your help is going to be very
valuable for the analysis of our deal.

Below you will find the names of the comparable companies you can use for the
study of the volatility:

Cablevision
Comcast
Cox Communications
MediaOne Group
Rogers Communications
Time Warner

Morgan Stanley Dean Witter published a memorandum on  January 5/00   "US
Investment Research: Cable Television"  where you can get detailed
information on the performance of these companies

We will be working on the histogram during the weekend and we will be sending
the results to you as soon as possible.
Regarding the quotes for the loan guarantee we will be getting them on Monday.

Please let me know if you will need any  additional information for the
volatility study

Thanks and Regards,

Maria Elena


Attached below is a complete copy of the CPUC's Order on SoCal's RLS Tariff for peaking rates for bypass customers.  There are some differences in the final order as opposed to the proposed decision previously issued such as the addition of an interruptible rate.  In summary the Order contains the following provisions:

1.  Two rates were adopted.  A firm cost-based peaking rate and an interruptible peaking rate.

2.  The firm cost-based peaking rate will include the following components:
	a.  A monthly customer charge to collect the cost of customer-related facilities.
		Actual rate will be dependent on type of customer ranging from $800 to $19,000.
	b.  A volumetric Public Purpose Program surcharge based on Commission approved rates.
	c.  A monthly reservation rate calculated using the currently authorized end-use customer class rate times the MDQ.

3.  The interruptible peaking rate has been set at 150% of SoCalGas' default tariff rate at a 100% load factor.

4.  Firm and inter. customers will pay a volumetric rate to collect the Interstate Transition Cost Surcharge, Sempra-wide rate charge
     and any other similar types of surcharges.

5.  Other provisions include: customers are subject to daily balancing, interruptible customers are not eligible for Service Interruption
     Credits and the tariff will apply on a facility-by-facility basis.

SoCal was ordered to submit modified cost-based tariff sheets within 10 days of the order (Due 8/12/01).  If you have any questions feel free to give me a call.  gh


I suspect that Chris Calger will be signing the certificate instead of Janet
Dietrich.  Please use my cell phone (713 304 8716).

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/17/2001 10:34:24 AM
To: "Lang, Gregory F." <gregorylang@paulhastings.com>, "'Staikos, John P.'"
<johnstaikos@paulhastings.com>, "'PARKER, Isabel'"
<isabel.parker@freshfields.com>, "VAN DUSEN, Nicholas"
<nicholas.vandusen@freshfields.com>
cc: "'kay.mann@enron.com'" <kay.mann@enron.com>, "'carlos.sole@enron.com'"
<carlos.sole@enron.com>, "Keffer, John" <JKeffer@KSLAW.com>

Subject: Certificates and Resolutions

Gentlemen:

We have enclosed drafts of the following documents:

1.  Resolutions of sole member of Salmon Energy LLC authorizing the turbine
acquisition and related documents;
2.  Incumbency Certificate of ENA for the escrow agent; and
3.  Incumbency Certificate of PPL for the escrow agent.

The resolutions authorize the turbine contract, the loan from PPL, and the
G/E consent and agreement.  I have also drafted resolutions to be dated the
day following closing to elect as directors the persons named in the Amended
and Restated LLC Agreement (need the names of these persons - three
designees of PPL and one designee of ENA) and to replace the officers of the
LLC with persons designated by PPL.  If the lender desires Salmon
resolutions authorizing a security agreement to be signed by Salmon, we
would recommend that the new Salmon board controlled by PPL sign resolutions
ratifying and approving the security agreement, rather than have ENA approve
a security agreement that it has not negotiated and is not familiar with.

From a timing standpoint, we need to focus on the documentation required to
set up the escrow account, as I understand that the escrow may be funded on
the same day as the financial closing, namely, Thursday, April 19.  Citibank
will need (I) the escrow agreement, (ii) an incumbency certificate from each
party to the escrow agreement, (iii) a W-9 signed by each non-corporate
party to the escrow agreement, and (iv) a signed fee agreement.  The
incumbency certificates are enclosed.  Please insert names and other
information as appropriate.  We need comments to the Escrow Agreement in as
soon as possible in order that we can provide these documents to Citibank
for approval.

Thank you.

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

Enclosures: 137061v3
  140106v1
  140109v1

                    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.

 - Salmon - Resolutions of LLC.DOC
 - Enron Incumbency Cert for Escrow.DOC
 - Pegasus Incumbency Certif for Escrow.DOC


Judy at EES has different totals for these two deals.  For #498865 at NP15,
she has total volume of 13,319.  For #497869 at SP15 she has a total volume
of 8516.6.  Do you know of any reason that these total volumes would be
different than what EES is showing?

Thanks!


For those of you interested in obtaining tickets for opening night (tonight!)
at PGE Park, please e-mail me by 3 PM today.

Who: Portland Beavers vs. Fresno Grizzlies
When:  6:30 PM, Tonight!
Where:  PGE Park (formerly Civic Stadium)

Two tickets per employee - first come, first served.

Please e-mail me to indicate interest.

Thanks!
Anna


WORKSHOP ABOUT THE TWO-YEAR HOME
COUNTRY PHYSICAL PRESENCE REQUIREMENT

Monday, December 11, 2000
Home Room of International House
3:00 - 5:00 p.m.

The two year home country physical presence requirement is defined by section
212(e) of the Immigration and Naturalization Act. (INA). J-1 visitors
subject to section 212 (e) must return to their country of last legal
residence for two years or obtain a waiver of this requirement before they are
eligible for the H-1B (temporary employment), L-1 (intracompany transfer) or
Permanent Residence (Green Card) categories.

No fee or pre-registration required.

Who should come?
For any UC Berkeley J-1 student or scholar

What will be covered?
Information about what makes a J-1 subject
Information about applying for a waiver of the two-year
requirement
Information about the timing of the application of a waiver
What should you bring?
All copies of the IAP-66
Passport

===============================
Sebastian Teunissen
Director of International Affairs
Haas School of Business
University of California, Berkeley
Berkeley, California 94720-1900 USA
Tel:   (510) 643-4999
Fax:  (510) 642-8228

http://www.haas.berkeley.edu/HaasGlobal


Greetings:
Sorry to bother you with this, but I'm travelling, and if you could leave the
call-in number for tomorrow's meeting on my voice mail, I'll be forever
indebted.  Thanks a bunch.

Best,
Jeff


Rob:
Thanks for your redraft.  I'm checking with my credit folks on the MAC
termination event.  As soon as I hear from them, I will send you my comments
and we can discuss any remaining open items but I think that we are close.

Carol


Also, I'm using Scott Goodell's ID because my doesn't work.  Who do I call to get mine fixed?   I know - you told me once before.  I'm a baaaad person.

 -----Original Message-----
From: 	Germany, Chris
Sent:	Monday, January 28, 2002 1:00 PM
To:	Sherry Noack (E-mail)
Subject:	Offer #29667-1

I just validated and saved this release to Boston Gas.  Since I have not done this in awhile, would you please make sure I did the following things?

Released 100% of the volume biddable to Boston Gas and max rate.

I will wait to hear from you before I submit my offer.

Thanks.


Gary, Trena,

The key points are:

1. Any FX business conducted from London must in most cases be done by or
through a specifically authorised SFA-regulated entity.  None of the MG
London entities is authorised to conduct this type of business.  The choices
therefore are:

- Set up a new SFA-regulated entity specifically authorised to carry on this
type of business (up to 6  months to implement)

- Change the current authorisation of the regulated MG London entities to
permit this type of business (this would involve a material change to its
current  authorisation )

- Consider using Enron Europe Finance & Trading Limited ("EEFT"), which is
SFA-regulated.  However, the approval of SFA would be required to   extend
the scope of its current SFA authorisation to include this type of
business.   Note also that EEFT Enron Europe Finance & Trading Limited
currently acts as agent only and not as principal - this is primarily for
regulatory capital reasons for unregulated entity.  Any proposed extension
of   EEFT's current authorisation must also be carefully considered in the
light of the potential increased risk of consolidated supervision from a
regulatory  capital perspective.

2. Enron carries on all of its current investment business with commercial
enterprises, and not private individuals.  And there are good reasons for
this.  From a legal and regulatory perspective, this exposes Enron to fewer
potential risks and to a significantly lower degree of regulatory
compliance.  If Enron were to carry on this business with private
individuals, this would materially increase the level of regulatory
compliance; it also may give the individual additional rights of recourse
against Enron for breach of its regulatory duties, and could also expose
Enron to a greater risk of potential claims as to existence of a special or
fiduciary relationship between itself and the private individual.  There
would therefore need to be an overwhelming commercial rationale to support
the decision to take on private individuals as customers.

Justin


hello,

Please prepare an Industrial Master Agreement per terms of the attached
credit worksheet and overnight such draft to the customer.

thanks
brant


One more time.
We have also bought HE 21 and HE 22 from the APX.  We bought 20 mws at $32 for HE 21 and 23 mws at $30 for HE 22.
No more messages.

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Thursday, July 12, 2001 1:57 PM
To:	Bland, Todd; Dean, Craig; Guzman, Mark; Harasin, Leaf; Linder, Eric; Merriss, Steven; Meyers, Bert; Porter, David V.; Slinger, Ryan; Solberg, Geir; Symes, Kate; Williams III, Bill
Subject:	FW: Short for Friday and Saturday
Importance:	High

We have also bought HE 10 and HE 11 from the APX.  We bought 35 mws for HE 10 at $35, and 31 mws for HE 11 at $35.

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Thursday, July 12, 2001 1:47 PM
To:	Bland, Todd; Dean, Craig; Guzman, Mark; Harasin, Leaf; Linder, Eric; Merriss, Steven; Meyers, Bert; Porter, David V.; Slinger, Ryan; Solberg, Geir; Symes, Kate; Williams III, Bill
Subject:	Short for Friday and Saturday

Group,

We are short 50 mws in ST-WBOM at $42.88 for HE 7-22 Friday and Saturday in SP-15.

I have picked up some shaped mws from the APX for the afternoon peak on Friday.  These pieces will need to be scheduled with the APX as the counterparty for HE 12-20.

HE 12: 26 mws
HE 13: 23 mws
HE 14: 20 mws
HE 15: 17 mws
HE 16: 18 mws
HE 17: 16 mws
HE 18: 17 mws
HE 19: 20 mws
HE 20: 19 mws
Price is $35.

ST-CALI is also 25 mws short both days on-peak.

Thanks,
Bill


Russell:  Thanks for the info.  I do need to send a REMINDER to the credit
group about the authority issues raised by municipals (governmentals, cities,
etc.) entering into financial trades.  Where can I obtain the most recent
list of credit people (you know how those credit people are) who deal with
financial trading?  Thanks.  Sara

P.S.  the early production payment docs typically conveyed an undivided 90 %
interest in the producer's net revenue interest in particular properties.
The other 10 % was considered "excess" for purposes of you know what.

	Russell Diamond
	09/01/2000 12:03 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: City of Dublin- Swap

Sara,

According ot Financial Settlements, the City of Dublin transaction that I
told you could have some legal risk because it is a municipality, was
actually the trigger to a physical transaction.  I asked if they could book
this in the system as a Physical Swap so we show no financial exposure.

Russell


Mr. Martin L. Cuilla
Trader
Enron Capital & Trade Resources Corp.

Dear Mr. Cuilla:

"The New Face of Risk: Energy Strategies for a Changed World" is the
theme of CERA's 21st Executive Conference, to be held on February 11-15,
2002 in Houston, Texas.   This event will be particularly timely and
important in light of the recent major events transforming the global
energy landscape.  I wanted to extend my personal recommendation that
you join us in Houston to exchange ideas, interact with peer level
senior decision makers, and gain new insight and strategies for the
energy future.

The full agenda and on-line registration can be found on our website at
http://www.cera.com/ceraweek .   As you can see we have a particularly
distinguished and exciting group of influential energy leaders speaking
at this year's event.

CERAWeek 2002 will offer thought leadership and perspectives on the
major new risks and challenges facing energy decision-makers, including
the implications of the profound changes that the world has witnessed
over the past months.  Among the key topics and questions are:

* The new geopolitics -- what are the implications for energy security,
global investment, sanctions, and stability?

* Markets in turmoil -- what are the prospects for oil, natural gas and
electric power prices and asset valuation?

* Deregulation -- what will be the responses to the new threats to
workable competitive markets?

* Industry structure and competitive dynamics -- How are companies
positioning and aligning themselves for the new world?

Our focus is on all key regions and energy sectors--oil, natural gas and
power.  We have introduced four focused integrated tracks that reflect
themes running across the industry.  These include Technology, Finance,
Market Strategy, and Environment.

The conference is the centerpiece of CERAWeek 2002, a full week of
senior level meetings designed to foster exchange and learning, as well
as informal interaction and networking.  Last year's participants
included some 1700 executives from 47 countries -- including over 400
CEOs, Presidents and Ministers.

Two- and Four-day passes are available, as well as enhanced Online
Premium digital access to the event.  For the latest agenda updates and
special announcements, or to enroll, please visit our website at
http://www.cera.com/ceraweek .

I look forward to seeing you at CERAWeek 2002.

Sincerely,

Daniel Yergin
Chairman, Cambridge Energy Research Associates

**********************************************************************
Our relationship with you is very important to us.  Should you prefer
not to receive future e-mail notifications, please send a reply to
this message with "DoNotEmail" as the subject of your message.
( mailto:info@cera.com?subject=DoNotEmail )  Please indicate whether
you wish to be removed from the conference list or alternatively from
the list for any future CERA notifications.
**********************************************************************


We borrowed (deal227922) about 22,000 dt from CNG for the 28th and we will
pay it back (deal 227926) on the 29th.  ENA will pay CNG $.03 times the daily
balance on the 28th.  This gets confusing because we already have a parking
deal from the weekend that comes out in April.


Restructuring Today readers got this story today...

Retail market
can be opened
nationally?
---
Joe Barton thinks
it can and is
about to try
---
Once in 20 years
opportunity seen

How can the retail power market be opened in today's atmosphere?
     Joe Barton has a way and it sounds like it just might work.
     He briefed APPA members winding up the last day of the annual
meeting in Washington.   Barton implored the membership that if they
have any ideas on how to improve energy policy, this is the time to tell
policy makers or him.
     Barton sees a narrow, six-week opportunity as America is about to
revise its energy policy.
     We walked with him to his car after the speech and asked what he
means by a major energy restructuring bill.
     He referred vaguely to legislation that would improve the grid and
foster the functioning of a robust market providing for movement of
power from one place to another.
     He wants a national market with a grid that can handle it "in an
open access way -- creating all these trading markets where you have
long-term and short-term markets where you balance supply and demand
around the country.
     "States that have surplus power, through the RTO system can wheel
that power to states that need it."
     That's the wholesale market, we asked.
     Yes.
     But what about retail?
     He hopes to get into the law a provision to foster aggregation of
buyers.
     How would that work?
     "AARP," Barton said noticing our age, "could sell you power or Wal-
Mart or McDonalds or the co-ops.  You could buy your power through
them."
     How would a law provide for aggregation?
     "It would be in the federal legislation that it would be
permitted," he replied.
     But what about Nebraska where there are only munis?
     "You've got to work through that and see if you get some kind of
grandfather or state opt-out provision.  It's possible that you give
states the right to opt out.  But over time those states will want to
opt in," he added.
     "That'll be a debate we'll have when we get into the bill.  You're
not supposed to ask that tough a question this early in the process," he
reminded with a smile.
     Barton is really impressed with the magnitude of the legislation
gestating in the nation's capital.
     "Everything" is up for discussion, he said, "everything.
     "There is nothing -- nothing -- that's been debated or talked about
in terms of electricity that is not on the table," Barton assured.
     "I'm not saying we're going to do it all but you have a window like
this once every 20 to 30 years.  I'm going to be damned if I'm going to
stand around and on my on volition take things off the table.
     "Now the process will automatically take a lot more controversial
items out of play.  There'll be a region or a political block -- who
knows the president might not like something.  John Dingell might not
like something.  Who knows?  But I'm not -- even before we put pen to
paper to start drafting the bill -- say `we're not going to consider
this'," Barton added.
     Is he getting signals from Dingell that he might be cooperative?
     "Yeah.  Very cooperative.  Of course, again, the proof is in the
pudding and in the details."
     Barton's in the leadership role in fostering a national energy
policy, taking the package from the vice president and guiding it
through the House.
     He's the president's energy guy from an energy state and Bush has
shown -- with the tax bill -- that he can get a program enacted.
     Barton wants something he can look back at in five, 10 and 20 years
and say "that's a good bill.  It works."
     Barton wants to make history with the Energy Policy Act of 2001.
     Barton told APPA he wants this big bill to be "national, long-term
in its impact and balanced."
     Balanced means looking at the generation component, transmission
and distribution "and in each of those areas -- this is just me.  I'm
not speaking for anyone but myself" -- he wants "to create an
environment so we have a maximum, competitive situation that's open and
fair to everybody.
     "And we're going to do that and you're going to have a lot of
competition, a lot of flexibility with a lot of choice for consumers and
a lot of choice for yourself," Barton added.
     Wait a minute.
     He's saying competition in transmission and distribution.
     We really do need to ask him what he has in mind there when the
time is right.
     We can't help but think of competition in selling pipeline capacity
in a secondary market.
     You can do that with electricity capacity to or on a local
distribution system in gas.  We're thinking aloud here.  That's not what
Barton said.
     He wants to minimize the federal role except where you actually
have to.
     That puts Barton "a little at variance with some in the Bush
Administration and some in the Congress because in the modern age
there's a natural proclivity to centralize and consolidate which in the
political arena means let Washington do it."
     Barton wants to maximize the technology component and will put into
the bill a distributed generation component.
     He's interested in negawatts, fostering cut backs in demand on a
national scale.
     "Looking out for your own interest," Barton considers to be
"democracy."
     But from time to time you have to step back and look at the
national interest, he advocated.
     "That's my job."
     Today's crisis mentality helps Congress act boldly.
     The friendliness to competitive markets in the White House
encouraged by the president's pride about the retail bill he got through
the Texas Legislature plus today's environment may be ideal for market-
minded leaders.

You can benefit from Restructuring Today's special, unique focus on the
converging energy and communications industries, especially the opening
of competitive markets, too.
     To subscribe simply fax the attached order form to 202-298-8210.
     Don't miss another vital issue.  Subscribe today!

Thank you,

Season Hawksley
US Publishing
800-486-8201
202-298-8201

PS -- Please do not hit 'reply'.  To subscribe, cancel, change your email
address or ask questions please contact customercare@restructuringtoday.com.

 - orderform.pdf


hey,

I think if you maybe want to start working the termination value as of Dec 22 (which is a Saturday), using ROM quotes and the rest of the mids, I will work on Nov30, and Dec1-21 phys penalties.

 Chelsea printed out
I:\Canadian Energy Services\Estate\Dorland-Watt\Forwards Detail-MIRANT_JAN17.xls
    and I have the file
I:\Canadian Energy Services\Estate\Dorland-Watt\Mirant deals - typed from confirms.xls

This second file has a confirmed volumes for December (ie the market and supply we cut exactly matches what actually happened - good thing). There is probably some overlap with this file and the one Chelsea printed. Hers prints each deal by month though, which sucks. Take a look at both and see what you think.

Ryan


Daren - there is flow at meter 1386 for Jan 1-3.  The average flow is
828/day.  The last deal associated with this meter is 150325, Dec. 1-4,
2000.  The counterparty is Hampshire.  Could you please look at this and let
me know if you put a deal in for these days?

Thanks.

AL


You have been identified as a person who may have contact with power in
California.  Based on our receipt of various subpoenas, we will be preserving
your past and future electronic mail.  Please be prudent in the circulation
of electronic mail relating to your work and activities.  Thank you.


Nice job on the postcard.  I will get you an answer on the mailout tomorrow
morning.  Let me know if you hear anything from EOL regarding the new version.

Thanks,
Mike Grigsby


Phone Screen Interview - Wednesday, June 13, 2001 @ 10:00am CST.


Please decrease deliveries to Eastrans to 0 MMBtu/dy effective 10/20/00 and
maintain at 0 until further notified.

The redeliveries will be 0 as well.

Fuels Cotton Valley gas will be valued per Paragraph 3 of the Contract
Price (per MMBtu) section in the Transaction Agreement.


Please click on the link below

SAVE THE DATE


we will have the adoption table set up Tues thru Fri this week on the 2nd floor from 11:00 to 1 in Enron Center North.  Please stop by.  thanks

 -----Original Message-----
From: 	Thompson, Debra
Sent:	Monday, November 26, 2001 8:26 AM
To:	Hyatt, Kevin
Subject:	Re:  Enron Kids

Kevin - I would like to sponsor and shop for a child.  Who should I contact?


The following is the weekly deal report covering 4/26/01 - 5/02/01.


I am no longer with Global Rates.  Willie Harrel has taken over this
position.  If you have any questions or issues concerning pricing please
contact Willie Harrel x39226 or Judy Barnes x37966.  Thank you for your time.


Jana Rubin
1476 White Wing Court
Norcross, GA 30093-2361
jhr@visionquestinc.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Jana Rubin


---------------------- Forwarded by Robert Badeer/HOU/ECT on 07/31/2000 05:47
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  CAISO Market Operations - Hour Ahead
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=SYSTEM_CN=MARKETOPSHOURAHEAD@caiso.com>
                      07/31/2000 04:24 AM

To: "Market Status: Hour-Ahead/Real-Time"
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=MKTSTATHOURAHEAD@cai
so.com>, Market Status <MarketStatus@caiso.com>
cc:
Subject: MARKET NOTICE---EMERGENCY OPERATING ORDER RELATING TO UNINSTRUCTE D
DEVIATIONS JULY 31, 2000

MARKET NOTICE---EMERGENCY OPERATING ORDER RELATING TO UNINSTRUCTED
DEVIATIONS JULY 31, 2000

This notice is to advise all Scheduling Coordinators and owners of
Generation in the ISO Control Area that the ISO is issuing an operating
order for July 31, 2000, that all resources must follow final Hour Ahead
Schedules, as adjusted by RMR Dispatch Notices, or by Dispatch instructions
verbal or electronic, on Ancillary Service or Supplemental Energy bids.  NO
UNINSTRUCTED DEVIATIONS WILL BE ALLOWED.  Section 2.3.1.2.1 of the ISO
Tariff requires Market Participants in the ISO Control Area to "comply fully
and promptly with the ISO's operating orders." Any Generating Unit with real
time output that reflects an excessive deviation from the real time output
consistent with its Final Hour Ahead Schedule as adjusted by Dispatch
instructions, and assuming a 20 minute ramp across the top of the hour for
hourly Schedule changes, will be deemed to have failed to comply with this
operating order.  For the purpose of this determination, an excessive
deviation shall be the smaller of 10% of a Generating Unit's maximum
capability, or 10 MW.  The only exception to this finding is a Generating
Unit that provides the ISO with timely notification of a unit outage or
derate. Failure to comply with this operating order threatens the reliable
operation of the ISO Control Area.  In particular, uninstructed incremental
deviations by Generating Units that are "chasing" the BEEP Interval Prices
published by the ISO are directly responsible for the frequency excursions
the ISO experienced  June 13, 2000. The ISO will take the following actions
with respect to those Generating Units that fail to comply with this
Operating Order: 1) ISO Management will deliver a report to the ISO
Governing Board that provides a copy of this notice, and a comparison of the
instructed and actual output profile for each Generating Unit that fails to
comply. 2) The ISO will assign any WSCC RMS penalties associated with
frequency deviations to the Generating Units that fail to comply.


Any great plans for the long weekend?  Duncan and I are looking into some
white water rafting water oriented types of things....though I know there
will be know swimming this early in the spring.....brrr!

love, k
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


?
?	'VentureWire'Friday, December 01, 2000	?
?	CONTENTS | COMPANIES | INVESTORS	?
?

	top stories

	* Global Switch Invests $60 Million in New Net Service Startup* Telco Firm
Edge2net Partners with China Motion Telecom* Outside Magazine Takes Equity
Stake in Away.com* Banderacom Taps Ex-Motorola, Compaq Exec as CEO

	At Optix 2001, in February, in Pasadena...
	...the smartest people in the optical communications business
	will be gathered for THE industry event at the Ritz Carlton
	Huntington Hotel & Spa. Headliners include:

	* Joe Bass, VP & GM, Wavelength Routing Business Unit, Cisco
	* John Bowers, Director, Multidisciplinary Optical Switching
	Technology Center, UC Santa Barbara
	* Patrick Nettles, Chairman & CEO, Ciena
	* Don Smith, President, Optical Internet, Nortel Networks
	* Kerry Valhala, Professor, Applied Physics, Caltech

	Participation at this event is subject to approval and
	limited to senior executives involved in the optical
	communications industry. For your registration pack:http://www.optix2001.com/
Optix2001 -- Toward the Photonic Internet
	February 11 - 14, 2001, Ritz Carlton Huntington Hotel & Spa,
	Pasadena, CA

	new money

	* European Healthcare ASP Dr.Globe.com Raises More Seed Funds* Wireless Comm
Company Ellipsis Digital Gets $3 Million Seed* eHealthContracts Raises $8
Million Round Two, Adds to Board * Network365 Gets EUR15 Million in Second
Round* Ex-Videotron Owner Invests in TV-Based Software Firm EnReach* Copper
Technology Firm NuTool Raises $11 Million Series C* E-Commerce Services Firm
Bpath Gets $1.2 Million Bridge* File Sharing Firm Flycode Closes on $1
Million Bridge Funds * Online.ie, Irish Net Services Provider, Gets $2.8
Million* Wireless Data Firm Netverk Raises $4 Million

	bad news

	* Icebox Cuts In-house Production Staff by 50, Adds to Board

	new products

	* Messaging Firm Multimate.net Changes Name, Launches Product* Patent &
License Exchange Establishes Pl-X Japan* BPM Software Firm eTopware Changes
Name to Fuegotech

	new deals

	* Plus Size Site Alight.com Partners with eSpecialty Brand

	m&a

	* Net Services Firm WAM!NET Buys B2B Systems Firm Is.com

	new directors

	* ASP Agilera Appoints Time Warner Telecom Pres, CEO to Board* Internet
Publishing Group Appoints Board Member* Optical Firm Tropic Networks Names
Two New Board Members* Optical Firm Terabeam Appoints Telecomm Exec to Board

	new people

	* Energy Software Firm Excelergy Names New CEO, President* Former American
Pinnacle Exec Named CEO of Collocation Firm* Viathan Appoints Internet
Executive as Pres, CEO  * MoreBenefits Taps Ex-Invenet Chairman for CEO,
Chairman * Ontos Names Board Chairman as CEO

	vc personnel

	* ePlanet Ventures Names Head of Asia-Pacific Operations * Allegis Capital
Opens New York Office, Adds Partner

	vw corrections

	* Tapestria* Time Domain

	TOP STORIES... NEW MONEY... BAD NEWS... NEW PRODUCTS... NEW DEALS... M&A...
NEW DIRECTORS... NEW PEOPLE... VC PERSONNEL... VW CORRECTIONS

	?	?	?	Get your mind around it.?	?	As a VentureWire reader, you know how many startups?	are funded every day and how difficult it is to spot?	the patterns in what's happening. ComputerLetter can?	help. Written by analysts who have been following the?	world of high technology for decades, ComputerLetter?	is a lucid, literate guide to the trends behind?	the latest technology.?	?	For the must read that's also a good read, ?visit:http://technologicpartners.com/?	?	?	top stories?	??	Global Switch Invests $60 Million in New Net Service Startup?

	LONDON (VENTUREWIRE) -- Global Switch, which provides carrier neutral
co-location provision services, said it invested $60 million in a new
companyy called Keybridge. Keybridge will offer infrastructure services to
businesses, concentrating on data storage, security, monitoring and streaming
media. The company said the funds will be used for its launch and marketing.
Global Switch received $66 million in October from the Royal Bank of
Scotland.http://www.globalswitch.com
	Telco Firm Edge2net Partners with China Motion Telecom
	?	?	Kirkland, Wash. (VENTUREWIRE) -- Edge2net, a provider of international ?telecommunications services, and China Motion Telecom, a telecommunications ?services  provider in China, said they have formed a partnership to deliver ?voice over IP and related services to mainland China. Under the terms of ?partnership, the telecommunications services will be operated by China ?Motion's long term strategic partner Shenzhen China Motion Telecom in China. ?The partnership will provide China Motion with access to edge2net's IP and ?switched carrier-grade infrastructure. Edge2net will be able to use China ?Motion's network and marketing capabilities to deliver applications and ?services, including voice, fax, video, and data telecommunications services. ?As part of the partnership, China Motion will have access to edge2net's ?worldwide IP roaming capabilities, that are delivered through pre-paid ?calling cards. Edge2net recently announced that it would be investing $80 ?million in Asia over the next twelve months to build a global network which ?will deliver IP based applications and services to customers in Hong Kong and ?other parts of Asia. Edge2net is backed by AT&T Ventures, Cedar Grove ?Investments, Columbia Capital, and individuals.   http://www.china-motion.com?http://www.edge2net.net?	Outside Magazine Takes Equity Stake in Away.com?

	WASHINGTON (VENTUREWIRE) -- Outside Magazine, a magazine for outdoor-travel,
said it has signed a partnership agreement with adventure travel provider
Away.com, which gives Away.com exclusive rights to its editorial content. As
a result of the agreement, Outside's parent company, Mariah Media, will take
an equity stake in Away.com. Lawrence J. Burke, Mariah's chairman and
editor-in-chief, will join Away.com's board of directors. Away.com is backed
by Gannett, Circle T Partners, National Leisure Group, New World Ventures,
and Potomac Ventures.   http://www.away.comhttp://www.outsidemag.com
	Banderacom Taps Ex-Motorola, Compaq Exec as CEO
	?	?	AUSTIN, Texas (VENTUREWIRE) -- Banderacom, a fabless semiconductor firm, said ?it has appointed Les Crudele as CEO. He replaces founding CEO Eric Johnson,  ?who will remain with the company during the transition period. Mr. Crudele ?held executive positions at Quantum Effect Devices, a semiconductor firm that ?focuses on MIPS microprocessors; Motorola's Semiconductor Product Sector; and ?at Compaq Computer's Workstation Division. He also founded Stellar Computer, ?a graphics supercomputer firm. In August, Banderacom raised $9 million in its ?first round of financing from Intel Capital, Austin Ventures, Jato Tech ?Ventures, and router firm Crossroads Systems.   http://www.banderacom.com?	new money?	??	European Healthcare ASP Dr.Globe.com Raises More Seed Funds?

	GENEVA, Switzerland (VENTUREWIRE) -- Dr.Globe.com, a healthcare ASP for
doctors and patients in Europe, said it has raised $300,000 seed money from
private indiividuals in addition to the $200,000 it raised in June. The
company said it will use the funds to develop partnerships with healthcare
Web networks and Web sites.    http://www.drglobe.com
	Wireless Comm Company Ellipsis Digital Gets $3 Million Seed
	?	?	CARLSBAD, Calif. (VENTUREWIRE) -- Ellipsis Digital Systems, a digital ?communications firm that focuses on flexible software and hardware for ?wireless devicess, digital cellular telephones, and broadband wireless ?access, said it has raised a $3 million seed round from undisclosed ?individual investors. The company said it plans to use the funds to increase ?staff and for product development and added that board changes will be ?announced separately.    http://www.ellipsisdigital.com?	eHealthContracts Raises $8 Million Round Two, Adds to Board ?

	HAYWARD, Calif. (VENTUREWIRE) -- eHealthContracts, a Web-based contract
management and negotiation company for the healthcare services industry, said
it hass secured $8 million in its second round of funding. Investors in the
round included Science Applications International Corp. (SAIC), an
information technology firm that led the round, and previous investors Three
Arch Capital Partners and Versant Ventures. The company said it will use the
funds for continued product development, customer service, and expanding its
sales and organization. William Nydam, the senior vice president of SAIC's
Healthcare unit, was named to the company's board of directors.
eHealthContracts has received funding from Argus Capital.
http://www.ehealthcontracts.com
	Network365 Gets EUR15 Million in Second Round
	?	?	DUBLIN (VENTUREWIRE) -- Network365, which develops mobile commerce systems ?for network operators, service providers, and wireless application ?devellopers, said it raised EUR15 million ($13 million) in second round ?financing led by Amadeus Capital Partners. Irish venture capital firm Trinity ?Venture Capital also participated. Richard Anton of Amadeus Capital Partners ?and Karl Sch_tte of Trinity Venture Capital will join the board. The company ?will use the funds for growth and product ?development.http://www.network365.com?	Ex-Videotron Owner Invests in TV-Based Software Firm EnReach?

	ALVISO, Calif.  (VENTUREWIRE) -- EnReach Technology, which provides
infrastructure software for enabling integrated voice, video, and data
services on televvision, said it received an undisclosed investment from
Sojecci, the former majority shareholder of Canadian cable operator Le Groupe
Vid,otron (Videotron) as part of its third round of funding. The round is now
closed. I?U?GO Ventures manages Sojecci's broadband private equity
investments. EnReach's television-based software provides interactive
services such as broadband video streaming, interactive television, personal
television, and Internet communications. EnReach is also backed by
Investar.http://www.enreach.com
	Copper Technology Firm NuTool Raises $11 Million Series C
	?	?	Milipitas, Calif. (VENTUREWIRE) -- NuTool, a provider of copper deposition ?technologies to the semiconductor fabrication industry, said it completed an ?$11 miillion Series C round of funding. Investors in this round include new ?investors Putnam Investments, Hermes-Epitek Corp., Dynafund Ventures, ?previous investor Berg & Berg Associates, and undisclosed semiconductor ?manufacturers. The company said it will use the funds for the expansion of ?manufacturing, sales, and customer support for its initial product. ?http://www.nutool.com?	E-Commerce Services Firm Bpath Gets $1.2 Million Bridge?

	SAN JOSE, Calif. (VENTUREWIRE) -- Bpath, a creator of online applications for
small businesses, said it closed a $1.2 million bridge financing round led by
iits existing investors, which include Neurone Ventures, Hambrecht & Quist's
Eucalyptus Venture Capital, Argoquest, Network Commerce, Sidav, and Weiss,
Peck and Greer (PWC). Bpath said it will use the funds to complete
development of online applications for small businesses, integrate them with
its existing suite of applications, and bring them to the market. Bpath
assists small businesses in setting up and marketing Internet commerce
operations. http://www.bpath.com
	File Sharing Firm Flycode Closes on $1 Million Bridge Funds
	?	?	SAN FRANCISCO (VENTUREWIRE) -- Flycode, which develops software for a ?peer-to-peer network of video distribution and file sharing, said it raised ?approximmately $1 million in a round of bridge financing. The company's chief ?executive officer said the bridge round was expected to have a second closing ?for a total of over $2 million. The company expects to raise a total of $8 ?million by the first quarter of next year as part of its Series B round of ?funding. Flycode, formerly AppleSoup, is backed by Palo Alto Investors, ?Waterview Advisors, and individual investors including Creative Planet ?chairman and CEO Allen DeBevoise and co-founder John Valenti, and executives ?of Excite@Home, Individual, Marimba, and Valicert. Flycode raised a $2.5 ?million Series A round earlier this year. http://www.flycode.com?	Online.ie, Irish Net Services Provider, Gets $2.8 Million?

	SAN FRANCISCO (VENTUREWIRE) -- Online.ie, which delivers online services
aimed at people in Ireland and of Irish descent abroad, said it has secured
IR 2..5 million ($2.8 million) in a round of equity funding provided by new
investors AIB IT Fund and CSA Financial Corp. Previous investor Cross
Atlantic Technology Fund, also participated in the round. The company, which
recently acquired Irishabroad.com, said it will use the funds to drive the
development of membership, traffic, and revenue for its services.
http://www.online.ie
	Wireless Data Firm Netverk Raises $4 Million
	?	?	LONDON (VENTUREWIRE) -- Netverk, a wireless data communication firm, said it ?raised $4 million in private equity funding from European telecommuniccation ?companies TeleDanmark and Belgacom. The company said it will use the funds to ?support growing market demands. Netverk recently secured $9.5 million from ?Citicorp Asia Group and WestLB Panmuyre Investments Banks.   ?http://www.netverk.net?	bad news?	??	Icebox Cuts In-house Production Staff by 50, Adds to Board?

	LOS ANGELES (VENTUREWIRE) -- Icebox, which creates original animated
programming for the Internet, said approximately half of its 100-employees
have losst their jobs as a result of the company's move to abandon its
in-house production work. The lay-offs follow Icebox's announcement that it
has sold its "Zombie College" series to Fox Broadcasting. The company
spokeswoman said the lay-offs are aimed at reducing production cost. The
company said it will now focus on subcontracting production services, and
will work with some of its former employees on a freelance basis. Employees
received severance as compensation. Icebox is backed by eCompanies and
Bessemer Venture Partners. The company also said it has appointed Strauss
Zelnick, the president and chief executive officer of BMG Entertainment to
its board of directors.   http://www.icebox.com
	new products
	?
	Messaging Firm Multimate.net Changes Name, Launches Product
	?	?	SANTA CLARA, Calif. (VENTUREWIRE) -- Multimate.net, an instant messaging ?technology firm, said it has changed its name to MessageVine. The company ?also said it  is launching a server-based edition of its instant messaging ?technology customized for telecommunications carriers and Internet providers ?and portals. The company raised a seed round of over $7 million from Cedar ?Advisors, Technorov, and CSK Venture Capital at the end of 1999.   ?http://www.messagevine.com?	Patent & License Exchange Establishes Pl-X Japan?

	PASADENA, Calif. (VENTUREWIRE) -- The Patent & License Exchange (pl-x), an
online marketplace for the exchange of intellectual property; Softbank
Finance; annd Itochu have agreed to establish pl-x Japan. Pl-x Japan will
function as a wholly-owned subsidiary of the Patent & License Exchange. The
new subsidiary will provide Japanese businesses, universities, and
organizations with access to Pl-x's  financial services, such as a
market-driven intellectual property valuation system, patent validity
insurance, and transaction assurance services. The Patent & License Exchange
is backed by TMCT Ventures, Softbank, Ernst & Young, STI Ventures, Itochu,
Baring Private Equity, PolyTechnos Venture Partners, Eastman Chemical,
Tarrant Venture Partners, Bartlit Beck Partners, and UnionBanCal Equities.
http://www.pl-x.com
	BPM Software Firm eTopware Changes Name to Fuegotech
	?	?	DALLAS (VENTUREWIRE) -- eTopware, a provider of Internet-based process ?management software, said it is changing its name to Fuegotech. The company  ?received $15 million in second round funding from Stephens Group, Star ?Ventures, Sevin-Rosen Funds, and SSM Ventures.http://www.fuegotech.com?	new deals?	??	Plus Size Site Alight.com Partners with eSpecialty Brand?

	NEW YORK (VENTUREWIRE) -- Alight.com, an online retailer of products and
services for plus-sized women, announced a partnership with eSpecialty
Brandds, a retailer of plus-size and maternity clothes. Under the terms of
the agreement, Alight will merge with PlusBoutique.com, a subsidiary of
eSpecialty Brands, running the combined Web site under the alight.com brand.
Although financial terms were undisclosed, the company will maintain
PlusBoutique's existing presences on iVillage and AOL Shopping sites. Alight
will also offer its clothes on iMaternity.com, another subsidiary of
eSpecialty Brands that sells plus-size maternity clothes. Alight.com is
backed by RRE Investors. eSpecialty Brands is backed by Centre
Partners.http://www.alight.comhttp://www.especialtybrands.com
	m&a
	?
	Net Services Firm WAM!NET Buys B2B Systems Firm Is.com
	?	?	EAGAN, Minn. (VENTUREWIRE) -- WAM!NET, a provider of business-to-business ?managed network, storage, hosting, and professional Internet services, said ?it  completed the acquisition of is.com, a privately-owned  provider of ?design, construction, and deployment of systems and consultancy services for ?business-to-business e-commerce activities. The acquisition was structured as ?a stock-for-stock transaction but financial details of the deal were not ?disclosed. Vance Opperman, owner of is.com, which is also based in Eagan, ?Minn., will become a shareholder of WAM!NET as part of the deal. ?Approximately 40 is.com employees will join WAM!NET. WAM!NET's backers ?include SGI, MCI WorldCom, Winstar Communications, and Sumitomo. ?http://www.is.comhttp://www.wamnet.com?	new directors?	??	ASP Agilera Appoints Time Warner Telecom Pres, CEO to Board?

	ENGLEWOOD, Colo. (VENTUREWIRE) -- Agilera, an information technology and
Internet business ASP, said it has appointed Larissa Herda, president and CEO
of Timme Warner Telecom, to its board of directors. Agilera completed an $85
million second round of financing led by First Union Capital Partners in
August of this year.   http://www.agilera.com
	Internet Publishing Group Appoints Board Member
	?	?	NEWTOWN, Pa. (VENTUREWIRE) -- Internet Publishing Group, which produces news ?and analysis for business-to-business Web sites, said Rob Cord, managing ?dirrector of Pennsylvania Early Stage Partners, will fill Pennsylvania Early ?Stage Partners' second board seat and become the board's sixth member. ?Pennsylvania Early Stage Partners led Internet Publishing Group's July round ?of financing.   http://www.ipgdirect.com?	Optical Firm Tropic Networks Names Two New Board Members?

	OTTAWA (VENTUREWIRE) -- Tropic Networks, a metropolitan optical IP startup,
said it named two new board members. Michael Unger, former president off
Nortel Networks' optical networks unit; and Gianluca Rattazzi, founder of
Meridian Data, Parallan Computer, and P-Com, bring the board member total to
seven. Tropic Networks offers high bandwidth data services in metropolitan
area networks. The company is backed by Celtic House International and Kodiak
Venture Partners.   http://www.tropicnetworks.com
	Optical Firm Terabeam Appoints Telecomm Exec to Board
	?	?	SEATTLE (VENTUREWIRE) -- Terabeam, a fiberless optical firm formerly known as ?Terabeam Networks, said it has appointed Clark McLeod to its board of  ?directors. Mr. McLeod founded and continues to serve as chairman and CEO of ?McLeod USA, a telecommunications services company. The company raised $105 ?million in a third round of financing led by Softbank Venture Partners and ?received $450 million from Lucent Technologies as part of a strategic ?partnership in April of this year.   http://www.terabeam.com?	new people?	??	Energy Software Firm Excelergy Names New CEO, President?

	LEXINGTON, Mass. (VENTUREWIRE) -- Excelergy, a software provider for the
global energy markets, said it has appointed William Mahoney, the former
president oof System & Computer Technology, as its new president and CEO. Mr.
Mahoney will also join Excellergy's board of directors, taking over the
day-to-day operations of the company. Excelergy is backed by Nassau Capital,
Portal Software, Battery Ventures, and Hummer Windblad Venture Partners.
http://www.excelergy.com
	Former American Pinnacle Exec Named CEO of Collocation Firm
	?	?	LOS ANGELES (VENTUREWIRE) -- Alchemy Communications, a provider of ?collocation services to businesses, said it appointed Zane Alsabery as its ?president  and chief executive officer. Prior to joining the company, Mr. ?Alsabery, the company's first CEO, was  managing director of the American ?Pinnacle Fund and was formerly president of WebVision, a Los Angeles-based ?business-to-business Internet company. Alchemy Communications is funded by ?individual investors. http://www.alchemy.net?	Viathan Appoints Internet Executive as Pres, CEO  ?

	SEATTLE (VENTUREWIRE) -- Viathan, an infrastructure firm focusing on data
storage and management, said it has appointed Mike Peronto as the company&'s
first president and CEO. Mr Peronto was most recently COO at WatchGuard
Technologies, an Internet security applications firm. He has also held
positions as CEO at Endura Software, a supply chain software company, and as
a vice president of publishing products at Adobe Systems. Viathan raised $17
million in a second round of financing led by Softbank Venture Capital in
September of this year.http://www.viathan.com
	MoreBenefits Taps Ex-Invenet Chairman for CEO, Chairman
	?	?	NEW YORK (VENTUREWIRE) -- MoreBenefits, a provider of employee benefits ?management technology, said it named Stephen D. Goldstein as chairman and ?chiief executive officer. Mr. Goldstein was most recently chairman of ?Invenet, which invested in and advised bricks-and-mortar companies as well as ?Internet-based firms. Mr. Goldstein replaces David Wood, co-founder, who will ?remain with the company as president. MoreBenefits is funded by individuals, ?including Nathan Gantcher, former vice chairman of the Canadian Bank of ?Commerce; John Hannan, managing director of four Apollo investment funds; ?William L. Mack, founder and president of the Apollo real estate investment ?funds; Michael L. Tarnopol, vice-chairman of the board of directors at Bear, ?Stearns & Co.; Bob Lessin, chairman and CEO of Wit Soundview Group; and Barry ?Sternlicht, chairman and CEO of Starwood Hotels & ?Resorts.http://www.morebenefits.com?	Ontos Names Board Chairman as CEO?

	ANDOVER, Mass. (VENTUREWIRE) -- Ontos, said it appointed Philip W. Ness, Jr.
as chief executive officer, replacing former president and CEO Robert
Huebner.. Mr. Ness is currently the company's chairman of the board and will
continue to serve in that position. Prior to joining the company, Mr. Ness
was chief executive officer at R.V.I. Insurance Group, a residual value
insurance group. Ontos is funded by incuVest and Amphion Capital Management.
http://www.ontos.com
	vc personnel
	?
	ePlanet Ventures Names Head of Asia-Pacific Operations
	?	?	REDWOOD CITY, Calif. (VENTUREWIRE) -- Draper Fisher Jurvetson ePlanet ?Ventures, the global investment arm of venture capital firm Draper Fisher ?Jurvetson, said iit promoted Finian Tan to head of the group's Asia-Pacific ?operations. Mr. Tan was formerly a partner in ePlanet's Singapore office and ?co-head of Asia. Prior to joining ePlanet, Mr. Tan was the executive deputy ?chairman for the National Science and Technology Board of Singapore. Draper ?Fisher also said David Williams, formerly the ePlanet Asia Pacific partner, ?has resigned to pursue interests within the investment banking industry. The ?company said it will be adding further Asia-Pacific offices in Tokyo, ?Beijing, and Mumbai next year. http://www.dfj.com?	Allegis Capital Opens New York Office, Adds Partner?

	SAN FRANCISCO (VENTUREWIRE) -- Allegis Capital, a venture capital firm that
focuses on seed and early stage funding for broadband, wireless, and other
neww digital technologies, said it opened a New York office. James L.
Friedlich, a newly added general partner, will establish the office. The firm
will focus on companies in New York, Boston, and Washington D.C. Prior to
joining the firm, Mr. Friedlich was vice president of electronic publishing
business development at Dow Jones & Company. Allegis currently has more than
$400 million under management.http://www.allegis.com
	vw corrections
	?
	Tapestria
	?	?	NEW YORK (VENTUREWIRE) -- An item in yesterday's VentureWire incorrectly ?stated that Hunter Douglas, a publicly traded window coverings firm, toook a ?20% stake in Tapestria, an online fabrics marketplace for the interior design ?industry, as part of a $25 million investment in the company. Tapestria ?founder and CEO David Sonnenberg owns a 20% stake; Hunter Douglas owns the ?remaining 80%.   ?	Time Domain?

	NEW YORK (VENTUREWIRE) -- An item in the November 22 issue of VentureWire
about Marconi Ventures' $5 million third round investment in Time Domaiin
omitted other investors in the round. These included Sony, Qwest, Siemens,
Kolon Group, and Vigour Holding.
	company index
	?	?	Agilera, Alchemy Communications, Alight, Allegis, Away.com, Banderacom, Bpath?, China Motion Telecom, Draper Fisher Jurvetson, DrGlobe.com, edge2net, ?eHealthContracts, Ellipsis Digital Systems, EnReach Technology, eSpecialty ?Brands, Excelergy, Flycode, Fuegotech, Generation Partners, Global Switch, ?icebox, Internet Publishing Group, is.com, MessageVine, MoreBenefits, Netverk?, Network365, NuTool, online.ie, Ontos, Outside Magazine, Patent & License ?Exchange, TeraBeam Networks, Tropic Networks, Viathan, WAM!NET?	?	?	?	CUTTING-EDGE PHOTONICS AND LEADING-EDGE PLAYERS?	Join the cream of the optical communications industry in?	February for Optix2001.?	?	* Debate industry, market, and technology developments with?	those driving the pace?	* Assess the prospects of the 50 hottest pre-IPO optical?	communications companies?	* Build relationships with the industry's smartest people?	?	Exclusive attendance = optimal networking opportunities.?	Your participation at this event is subject to approval and?	is limited to senior executives involved in the optical?	communications industry.  To request a registration:http://www.optix2001.com/?Optix2001 -- Toward the Photonic Internet?	February 11 to 14, 2001, Ritz Carlton Huntington?	Hotel & Spa, Pasadena, CA?	?	?	investor index?

	AIB IT Fund, Amadeus Capital Partners, Argoquest, Belgacom Multimedia
Ventures, Berg & Berg Associates, Cross Atlantic Technology Fund, CSA
Financial, DynaFund Ventures, Eucalyptus Ventures, Hermes Epitek, Network
Commerce, Neurone Venture Capital, Putnam Investments, Science Applications
International, Sidav, TeleDanmark, Three Arch Partners, Trinity Venture
Capital, Versant Ventures, Weiss, Peck and Greer

	Encourage your friends and colleagues to subscribe to VentureWire at
http://venturewire.net/register.aspSend news items to editor@venturewire.com
Send questions, complaints, or service queries to venturewire@venturewire.com
To change your e-mail address visit our account administration page at
http://venturewire.netTo unsubscribe send e-mail to listoff@venturewire.com
This newsletter was mailed to you at:  jdasovic@ENRON.COM

	This copy of VentureWire may be distributed freely, provided that the
distribution is without charge, that the issue is distributed complete and
unaltered, and that all copies retain the Technologic copyright notice.  This
copy of VentureWire and the information within it, however, may not be
reproduced, saved, or otherwise copied into a database without the prior
written consent of Technologic Partners.

	VentureWire is a service mark of Technologic Partners, 2000 Technologic
Partners
		?


Sounds good.  You can reach me at 415.782.7822.  Because my schedule is a
mess (thanks to the mess California has created), if you don't reach me on my
office line, please try 415.505.6633.  Also, I think that it would be very
useful to have Leslie Lawner on, since she's involved a lot in California gas
matters, but it's your call.  Just let me know.

Best,
Jeff

	Barry Tycholiz/ENRON@enronXgate
	07/17/2001 08:30 AM

		 To: Jeff Dasovich/NA/Enron@Enron, Stephanie Miller/ENRON@enronXgate, Jane M
Tholt/ENRON@enronXgate, Mike Grigsby/ENRON@enronXgate
		 cc: Jessica Presas/ENRON@enronXgate
		 Subject: Regulatory / Commercial Focus Q3/Q4 2001

Jeff, for the meeting on Thurs a.m.  9:30 ( Houston Time ), we should keep
our group to the list I have identified. I would like to start with a simple
plan and work out from there. We are working towards an action plan for
handling PUC issues ( from a commercial perspective) in california and other
states, prior to anybody addressing the PUC we need agreement as to what it
is we want to put forward.

We will call you on thurs a.m.  Can you please verify your contact phone
number.

Thanks in advance.

Jessica, pls reserve a room.

BT


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/19/2001
04:57 PM ---------------------------

"Btu" <subs@btu.net> on 01/19/2001 04:09:26 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly

Attached is the latest issue of Btu Weekly.

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wg012201.pdf


I will try to find out this afternoon exactly what EES is doing and give you
an update.

---------------------- Forwarded by Chris Germany/HOU/ECT on 07/05/2000 07:36
AM ---------------------------

Craig Breslau
07/03/2000 05:55 PM
To: Susan Wood/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT
Subject: Canfibre-Lakawana

Could you please keep me apprised of any  proposals that we make to this
counterparty.  Also, please be sure to check with credit as I believe that
there are some issues with this counterparty.

Thanks,
Craig


This request has been pending approval for  5 days and you are the
alternate.  Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000003991&Page=
Approval to review and act upon this request.

Request ID          : 000000000003991
Approver            : stinson.gibner@enron.com
Request Create Date : 10/3/00 12:31:22 PM
Requested For       : stephen.bennett@enron.com
Resource Name       : \\enehou\houston\common\Research - [Read/Write]
Resource Type       : Directory


Lucy,

What is the latest?  Write me a note about what is going on and what issues
you need my help to deal with when you send the rentroll.

Phillip


We are pleased to present you with a 2001 Special Stock Option Grant Award.  As a participant in this grant you have the opportunity to share in the ownership of Enron and the potential profit from increases in the value of Enron's common stock.

The 2001 Special Stock Option Grant was made to let you know how valuable you are and to recognize your contributions in making Enron the great company it is today.   Although there are no guarantees as to Enron's future stock performance, we believe that an Enron stock option has tremendous future growth potential.  The value you ultimately receive from your options will depend on the price of Enron stock at the time you exercise your options.

You can access your 2001 Special Stock Option Grant Agreement and the Stock Plan document governing the grant via your eHRonline account on the intranet website at http://ehronline.enron.com.  Unlike stock options granted in the past a copy of your grant agreement will not be mailed to your home address.

Additionally, the following information regarding the 2001 Special Stock Option Grant can be found on the HR website http://hrweb.enron.com.

?	2001 Special Stock Option Grant Highlights
?	2001 Special Stock Option Grant Frequently Asked Questions (FAQs)
?	A "How to Exercise Options" document that contains contact information and PaineWebber forms applicable to your stock options

Please take time to review this material.  It is important to us and to you.  If you have any questions, please contact your Human Resources representative.


***************************************************************
Looking for a new kind of feeding frenzy? Feast on colorful
references in Merriam-Webster's Dictionary of Allusions.
http://www.m-w.com/book/writref/allusion.htm
***************************************************************

The Word of the Day for January 11 is:

wherewithal   \WHAIR-with-awl\   (noun)
     : means, resources; specifically : money

Example sentence:
     It was obvious to Grace that her old car was on its last
legs, but she didn't have the wherewithal to replace it.

Did you know?
     "Wherewithal" has been with us in one form or another since
the 16th century. It comes from "where" and "withal" (meaning
"with"), and it has been used as a conjunction meaning "with or
by means of which" and as a pronoun meaning "that with or by
which." These days, however, it is almost always used as a noun
referring to the means or resources one has at one's disposal
-- especially financial resources, i.e., money.

----------------
Brought to you by Merriam-Webster, Inc.
http://www.Merriam-Webster.com
----------------

Subscribe or unsubscribe to Word of the Day via the Web at:
http://www.Merriam-Webster.com/service/subinst.htm

To join the list via e-mail, send a blank e-mail to:
mw-wod-subscribe-request@listserv.webster.m-w.com
To leave the list via e-mail, send a blank e-mail to:
mw-wod-signoff-request@listserv.webster.m-w.com

Questions about your subscription?
Write to: mw-wod-request@listserv.webster.m-w.com
Questions or comments about the Word of the Day?
Write to: word@Merriam-Webster.com

(c) 2002 by Merriam-Webster, Incorporated


Charles, I am saddened to learn that Linklaters' policy requires that your term as senior partner must soon come to an end.  I trust, however, that you will continue to be active at Linklaters, and I look forward to continuing our working relationship and friendship.  With respect to the proposed visit by Anthony Cann on Monday, I regret that I will be on the east coast on that day.  I do look forward to meeting him, either in Houston or on one of my trips to London.  All the best to you and Linklaters. Jim

 -----Original Message-----
From: 	"Allen-Jones, Charles" <charles.allen-jones@Linklaters.com>@ENRON [mailto:IMCEANOTES-+22Allen-Jones+2C+20Charles+22+20+3Ccharles+2Eallen-jones+40Linklaters+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, September 26, 2001 12:30 PM
To:	Derrick Jr., James
Cc:	Salt, Stuart
Subject:	Retirement

My 5 year term as senior partner of Linklaters is very nearly up. Throughout
that term it has given me great pleasure to see our relationship with Enron
steadily strengthen - with a remarkable coverage across our offices.

I have much enjoyed our meetings, and particularly visiting you in Houston
with Stuart Salt, a little time ago.  I very much hope my successor, Anthony
Cann, can similarly get to know you.

It transpires that Anthony will be in Houston next Monday, and I wondered if
you would have a slot (I know this is short notice) to meet Anthony on
Monday.  I have asked Stuart to liaise with you to see if this can be
progressed.

In the meantime, can I send you and your fine company my very best wishes
for the future.

Charles Allen-Jones
+44 (0) 20 7456 3720

____________________________________________________________

This message is confidential. It may also be privileged or
otherwise protected by work product immunity or other legal
rules. If you have received it by mistake please let us know
by reply and then delete it from your system; you should not
copy the message or disclose its contents to anyone.
____________________________________________________________


Rob:  The Constellation Cal 04 deal buying 100MW off-peak is an offset.

Thanks.

Kortney


Here you go...

AC


I would add to what Teun says below a good lesson from California for the
Dutch: Disconnect the functioning of the retail and wholesale markets at your
peril. If bad regulatory/ political  intervention gets in the way of
participation by new and old players in both on a level playing field,
fingers will get burnt. In the Netherlands the incumbent generators and
vertically integrated distributors have been given unfair advantages in a
non-transparent manner in the wholesale market, whilst enjoying more or less
guaranteed prices in the retail market. New entrants/ importers got squeezed
and most consumers have not yet enjoyed the full benefits of liberalisation.
Incidentally, in both California and the Netherlands there was excessive
political trumpeting of the benefits and of the enlightenment of policymakers
in advance, followed by a mess in practice.

---------------------- Forwarded by Peter Styles/LON/ECT on 08/06/2001 18:50
---------------------------
From: Teun van Biert/Enron@EUEnronXGate on 06/06/2001 10:05
To: Nailia Dindarova/LON/ECT@ECT, Peter Styles/LON/ECT@ECT
cc:

Subject: FW: Bullets re California in the NL?

Email below was sent to both of you on Monday evening.

 -----Original Message-----
From:  Van Biert, Teun
Sent: maandag 4 juni 2001 21:08
To: peter.styles@enron.com; nailia.dindarova@enron.com
Subject: Bullets re California in the NL?

Peter, Nailia,

Today Dutch bank holiday, heard nevertheless your voicemail, please find
below initial thoughts in bullet format:

Why California cannot happen in the Dutch market:

? Plenty installed capacity available
Available import capacity about 30% of total demand
Price cap for distco's based on real quarterly purchase portfolio and
industry average index

Why California nevertheless -in the longer run- can happen:

? CHP plants are closed down and large generators are shutting down plants
Lack of grid system transparency with regards to importcapacity, operational
aspects of the grid, balancing market etc. Biased signals to the market.
Market structure with limited number of players therefore lack of
competition. Prices do not reflect underlying market supply and demand ratio.
Therefore new entrants are hesitating to add new assets to the market.
Environmental and spatial permits are time consuming processes. (e.g.
National Government faces large resistance of local authorities against the
siting of windmills). Governmental Policy aims at state of the art technology
of new additions to the powerplantmix. Environmental Impact Report often
necessary.

Teun


Craig -

I apologize for my delayed response.  Below I have attached a copy of the LOI
marked to reflect only a few comments.  I am also forwarding these to Denis
O'Connell in London who is responsible for EnronCredit in Europe for his
review and comment.

Please look over the attached and let me know if you should need anything
further.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com

	Craig Chaney@ECT
	04/16/2001 12:48 PM

		 To: Mark Greenberg/NA/Enron@ENRON
		 cc:
		 Subject: S&P Letter of Intent

Mark,
I need your review of the attached letter or intent by Thursday.  Citibank
and S&P have reviewed it and accepted the attached draft.  As usual the only
thing binding is the NDA portion of the letter.

Please give me a call if you have any questions.

Thanks,
Craig
3-3840


Thanks Laura--I'll add these thoughts.  DF

Laura Wilkinson
01/23/2001 07:53 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Michael Moran/ET&S/Enron@ENRON

Subject: Re: Lee Huber

Drew, I have reviewed your performance review and action plan.  Just a couple
of suggestions:  I would add any constructive feedback you have received from
the clients.  I do not want her to perceive this review as only "what Drew
thinks".  In the 'Performance Improvement Plan' I would add a time line to
these expected improvements.  She must show significant improvement in the
following areas during this next:  six months, 30 days, 60 days (whatever you
deem appropriate).  I would also suggest one more action item.

"Lee must improve on collaboration efforts on projects.  She needs to take
the initiative to seek expertise, assistance and direction from peers/clients
to effectively complete projects.  This can be accomplished by openly
communicating the status of projects with management and clients."

Drew Fossum
01/22/2001 08:41 AM
To: Laura Wilkinson/OTS/Enron@ENRON
cc: Michael Moran/ET&S/Enron@ENRON

Subject: Lee Huber

Attached is a first draft of a performance management plan for Lee.  I also
attach my draft review form.  Please give me your thoughts on anything else
to add to the plan.   I'm obviously struggling a little.


thanks for the update.  be sure and get on my calendar when you are in town.
Call Brent Price (our CAO) at 713 853 7647 for additional help on Mtm.  He is
very good.

Good luck,
m


Vasant,

This list goes to Dave Delainey.

Please, make sure everything is current.

Vince


Guys,

Thurs nights are softball nights for me.  I can play on Friday or next week.

Thanks,
Raul

 -----Original Message-----
From: 	Hilgert, Chris
Sent:	Tuesday, October 09, 2001 9:55 AM
To:	Rogers, Benjamin; Eubank, Marshall; Rizo-patron, Raul
Subject:	Tennis Anyone?

Gents,

Interested in some doubles this Thursday after work?  Let me know at your earliest convenience and I'll finalize a court time over at the Met (6:00ish?).

Thanks,
Chris Hilgert
Enron Compression Services
Work: 713-853-7350
Cell:   713-857-2479
www.enron.com/compression


See the attached, You have a timetrial this week,

 - JONMCKAY051401.xls


Please approve Mike Grigsby for Bloomberg.

Thank You,
Phillip Allen


Sam:  There are now two entries for J.P. Morgan Futures, Inc.  I didn't
realize that you had entered an agreement.  I didn't want to delete your
entry but I don't understand what you entered.  Is it a futures agreement?  I
am negotiating the futures agreement.  Also, the email address you entered is
incorrect.  Please help.

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


Mary,

I am sending to you today via Federal Express execution copies of the GISB
between Keyspan-Ravenswood and Enron North America Corp.   Please have each
signed by an officer of your company and return same to my attention.

I will forward an original for your records upon final signature.  Please do
not hesitate to give me a call should you have any questions and or comments.

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


Dear Board Task Force --
Attached is an agenda for the upcoming meeting on April 17.  It is patterned
from the agenda used in the Committee of the Whole meetings held in
Washington in 1993/94 where GISB scope was discussed.  Please let me know if
you have any changes.  Both Bob Gee and Jerry Langdon have agreed to open the
meeting.  Beginning at 1 PM and ending at 6 PM should allow many to get in
and out of Washington on the same day.    Best Regards, Rae

 - agenda.pdf


Hi Jeff,

I am going to call this done and print it all out.

Thanks for refining the docs.

At 12:12 AM 12/5/00, Jeff.Dasovich@enron.com wrote:

>Ok.  Here they are.  On exhibit A, I didn't touch numbers are exhibit #s.
>Also, I deleted CAPM, since we ain't got anything yet.  And I deleted the
>part that said "ticket sales taxes don't matter much," because now that we
>have the numbers they could matter, cuz it's really tight between bond
>payments and tax revs.  Anyway, that's it.  I checked and doubled checked
>the numbers and exihibit #s in the exec sum, but you may want to give one
>last peek.  Thanks SO much for pulling it together.
>
>Best,
>Jeff(See attached file: Finance exec sum 1204.doc)(See attached file:
>Exhibit A_assumptions and model.doc)

Kimberly Kupiecki
Director
A&R Partners
kkupiecki@arpartners.com
(650) 762 2800 main
(650) 762 2825 direct
fax (650) 762 2801


Please see below the latest edition of GlobalFlash!  Apologies for the delay.

Regards,

Tracy
---------------------- Forwarded by Tracy Ralston/EU/Enron on 29/11/2000
16:45 ---------------------------

	From:  Enron Europe General Announcement @ ECT
24/11/2000 09:40

Please respond to Jackie Gentle/LON/ECT
To: ECT Asia Pacific, ECT Europe
cc:

Subject: Newsletter: GlobalFlash!

BUSINESS HIGHLIGHTS

Nordic energy agreement with UPM-Kymmene
Enron Nordic Energy and UPM-Kymmene Corp. have signed a two-year portfolio
management agreement covering UPM Kymmene's Nordic power portfolio. The
Mid-Market desk in the Oslo office will assist UPM in optimising its
portfolio of approximately 14 TWh. energydesk.com will provide UPM with the
risk management system used in the process. In addition, the agreement opens
the door for Enron Energy Services to explore a variety of opportunities
within the company. The Nordic agreement is the first step towards a broader
scope of co-operation with UPM on a European and Global basis. The total
contract value is estimated to be $375 million.

UPM-Kymmene's nominal electricity resources total about 3000 MW, of which
2500 MW in Finland and about 500 MW in other countries. The group's power
procurement totals approximately 18 TWh per year, of which about 14 TWh in
Finland. Around 15 TWh/a is consumed by the group's own mills and the rest is
sold to the market.

http://www.upm-kymmene.com
http://www.upm-kymmene.com/upm/energy/energybuild.html

The deal was led by Sami Tenngren - Nordic Mid-Market, and was supported by
Magnus Groth - EES, Jukka Hormaluoma - energydesk.com, and Martin Rosell -
Legal.

Congratulations on a job well done to all those who worked so hard to put
this transaction into place........Thor Lien.

Australia
Despite heavy flooding in NSW, the weather is looking up for Enron
Australia.  Last week, the Sydney Office launched online Hong Kong weather
derivatives  and the Sydney weather node traded on EnronOnline in the US time
zone.  With this precedent, we hope to support the takeoff of global weather
on EnronOnline.

The Coal Group in Sydney has suddenly become very popular. There is no doubt
that a recent sale to AES for the plant at Barbers Point, Hawaii is the real
reason.  Coal purchases during year 2000 have been concluded with most major
producers in Indonesia and Australia.  We will soon be loading our first
shipment from China. Deliveries to Nippon Steel in Japan are underway. Also,
a shipment to a large power utility in Japan will take place in early 2001.

Off-shore wind plans
Enron has entered into agreement to purchase the development assets of a 30
MW offshore wind project in the UK.  The Harwich project, situated in
Gunfleet Sands approximately eight kilometres offshore in the North Thames
Estuary is believed to represent one of the first serious investments in the
development of offshore wind energy in the UK.

Weekly EnronOnline Figures
Below are the latest figures for EnronOnline as of November 20, 2000.

* Total Life to Date Transactions >  450,000
* Life to Date Notional Value of Transactions > $253 billion

SAP SYNCHRONISATION AND ALLOCATION PROJECT

Recently we updated you on the SAP Synchronisation and Allocation project.
The changes being made are designed to assist business units in tracking and
controlling costs.

What's changing?

New Project Codes:

We will be moving from the current project tracking mechanism, Internal
Orders (I/O), to using WBS (Work Breakdown Structure) .   These new codes
facilitate better project reporting and are grouped hierarchically into
structures. These groupings are based on project organisation, phasing or
activities and provides a project overview.  The PS Module within SAP
provides for a common template offering some key advantages:

 -  provides consistency across projects and business units
 -  facilitates comparison between projects
 -  provides a logical grouping of code structures

This tracking mechanism will also be used for capital projects or expense
projects that require cost tracking.

What about training?

To ensure your comfort with the changes listed above, training materials are
currently under development by the project team.  Core training is scheduled
to be December 4 - December 22 and training notifications will be sent
shortly to those users who are affected by these changes.  These
notifications will come via an email from European T&D and will enable you to
register for available classes.

ENRON IN THE PRESS
"The name of Enron may be unfamiliar in Japan, but it should not stay that
way for long.........Joseph Hirl, president of Enron Japan, says: "We don't
go in and try to destroy markets - we go in and create them."  Some of the
company's potential customers and business partners may still need to be
persuaded of that, but Enron has a large stock of experience to reassure
them".   Financial Times

EUROPE TRIUMPHS AT THE MANAGEMENT CONFERENCE
We are pleased to report a great showing by Enron Europe people in the
various competitions organised as part of this year's Enron Management
Conference in San Antonio:

Golf:        Brian Stanley was a member of the winning team
Tennis:  Rob Saltiel won and Steve Elliott was runner up.
Road Rally: Jackie Gentle's team was third.  [We beat Ken Rice in his Ferrari
and we stopped for ice-cream.  Hee! Hee! ....Ed.]
Road Rally:         Eric Shaw & Riccardo Bortolotti won the fastest rental
car in the slalom section.

Everyone is strangely silent on who won (or lost) the after dinner poker game
...........

NEW STARTERS
Please join us in extending a warm welcome to this week's new members of
staff:

Andrew Davison (Global Finance), Nick Arnold (Power Trading UK), Steven Los
(Transaction Support), Melanie Shuckard (Coal Trading), Mark Sheey (Fin Ops
Fin Rptg), Toni Duff (Enron Broadband Trading), Marc Hammerson (Legal), Jose
Leitao (EES Middle Market), Mustafa Hussein (Govt & Regulatory Affairs),
Brenda Van de Peer (Global Operations), Lorna Hyde (HR A&A), Jacob Meins
(European Gas Trading), Mark Leahy (EnronCredit.com)

TELEPHONY UPDATE
The European Telephony Group have added a new facility to the Enron House
Telephone System, which will give staff using mobile phones the ability to
have their conversations recorded.  This is primarily aimed at Traders who
may need confirmation of a conversation for a transaction, which is not made
from an Enron House phone.  To use the facility out users should dial 37373
from their Enron Mobile, at the sound of the dialtone they should dial as if
they would for any call from inside Enron House -- i.e. dial '9' and the
relevant number to talk to the client.  The Telephony Group can retrieve the
conversation on demand and replay to the trader.

UPDATE FROM AYSCOUGH TRAVEL
Please be advised, should you miss one leg of your journey and have onward
flight connections there is a strong possibility the airline will cancel the
reservations, if they have not been advised accordingly.  Airlines are
constantly monitoring for passengers who fail to make their reservation or
who hold multiple bookings on similar routings. In order to increase their
passenger revenue they will delete duplicate or onward bookings and sell the
seats at a higher fare.  Please advise the Implant Office of any amendments
to your travel arrangements as soon as they are available. This is imperative
if your changes arise during your business trip.  Ayscough Travel thanks you
in advance for your assistance!

CORRECTION: CHAIRMAN'S AWARD
We would like to make an apology to all the employees who were incorrectly
listed as London based staff in last week's GlobalFlash.  Please see below
for the correct listings:

Paul Bates - Teesside
Paula Bowman - Teesside
John Brodie - Teesside
Peter Burke - Teesside
Terry Bye - Teesside
Sue Caswell - Teesside
Eric Chamberlain - Teesside
Graham Taylor - Teesside
Caroline Cunliffe - Teesside	Sarah Grimes - Teesside
	Tim Roy  - Teesside
	Terry Waldron  - Teesside
	Trevor High - Teesside
	Christine Hill - Teesside
	Mike Mason  - Teesside
	Geoff Milward - Teesside
	Richard Murray - Teesside
	Mike Mussett - Teesside	Colin Telfer - Teesside
		Dave Shaw  - Teesside
		Kevin Westwood  - Teesside
		Judith Wong - Teesside
		Gary Douthwaite - Teesside
		Paul Frankland - Teesside
		Hans-Mart Groen - Amsterdam
		Jose Luis Novo - Madrid

AMERIFLASH BUSINESS HIGHLIGHTS

Coal Trading
The liquidity in trading of the Standard European Coal Agreement has
increased significantly over the last 6 weeks.  Many counterparties that
previously opted to stay on the sidelines finally chose to join the game.
Since the contract's inception at the beginning of the year, Enron has traded
a total of 5.3 million tons against the SECA contract, of which 3.8 million
tons has been traded via EnronOnline since July 2000.  We are 5.3 million
tons of a total traded market of 5.8 million tons.

Principal Investments
Tridium Inc., the leading provider of Internet-based automation
infrastructure solutions, announced the close of a $20 million round of
capital funding. The funds will be used to increase Tridium,s sales and
technical support offices in North America, expand its operations into Europe
and Asia, and enhance its technology and products. kRoad Ventures, L.P. and
Enron North America each contributed $10 million in venture capital.

Corporate Development
Allegheny Energy Supply Company, LLC, a wholly owned subsidiary of Allegheny
Energy, Inc., announced the signing of a definitive agreement under which
Allegheny Energy Supply will purchase three Enron natural gas-fired merchant
generating facilities. The acquisition is expected to close in the 2nd
quarter of 2001.


Agenda for the Conference call tomorrow:

1.  Old Issues:
 Albanesi Joint Bidding Arrangement--Form prepared and sent to Central
Puerto, Central Puerto still negotiating with enduser.
 Tax Lobbying--Carlos Bastos is proposing a series of Meetings for Jordan and
company.  Meetings are proposed for early February.
 ENARGAS Response to Our Complaint Against TGN--No response as of yet on our
response to the ENARGAS.
 Loma Negra--Power bid sent in.  No recent contacts.
 Dow Feasibility Study for Pipeline Spur--Document has been signed by Enron
and accepted by the Dow affiliates.
 Draft Bid Guidelines--Informal comments sent, no further information
received.
 Prepay tax issues--VAT Tax and Turnover Tax timing issue and potential
withholding issues.

2.  New Issues:
 Neuquen Tax Audit--Andrea sat in on a preliminary meeting between TGS, PC
and EPCA to discuss how to fight the imposition of the stamp tax on the
Technical Services Agreement between TGS and EPCA.
 Perez Companc PPA--A second contract was entered into with PC to cover the
GUME.
 Antistalking Agreement--Working on redraft, comments have received from
outside counsel.
 Tipoiti Power offer--Contract signed.
 TGN Stamp tax issue--They are asking for support on their position with
Neuquen and now Salta.
 Letter  to GUME--Draft letter for GUME to send to Enron indicating interest
to execute next year. Still open.
 ENARGAS Response to Buyatti and Molinos Amendments--ENARGAS has demanded
that we amend our agreements to not only indicate that we are not serving our
customers with firm service but that we say we are providing an interruptable
service.  Legal and Regulatory Affairs are working on a response.  ENARGAS
has sent a letter to Buyatti indicating among other things that since our
contract is not firm they should ask for a discount to the price we are
offering.  The letter is being translated now.
 ENARGAS Resolution--Enargas passed a resolution, specifying that we are a
regulated entity, and requiring EIASA to file  stock ownership information
with the ENARGAS.  Legal and Regulatory Affairs are working on a response.
 Vandenfil Default--Vandenfil was late on the second payments as well and
under threat of termination paid the amounts past due.  They have made a
filing for a preliminary bankruptcy proceeding.
 Project Tricycle--Andrea may or may not need to go to Chile to help with
regulatory issues relating to a possible power acquisition.
 Bagley Offers--Enron has been invited to bid on the supply of natural gas to
two Bagley plants, the description of our transportion will be an issue.


fyi
---------------------- Forwarded by Rosalee Fleming/Corp/Enron on 12/12/2000
02:42 PM ---------------------------

Kathy Mayfield
12/12/2000 01:56 PM

To: Rosalee Fleming/Corp/Enron@ENRON
cc:
Subject: Thank you for the Charitygift

---------------------- Forwarded by Kathy Mayfield/Corp/Enron on 12/12/2000
01:32 PM ---------------------------

12/11/2000 02:50 PM
To: kathy.mayfield@enron.com
cc:

Subject: Thank you for the Charitygift

Thanks very much to Enron for the card and gift.  I made my donation to the
Boys & Girls Club of the Columbia Area because my wife has served as a
director of this organization since its inception about 5 years ago.  Thanks
again, and happy holidays to Ken Lay and colleagues at Enron.