FYI.  We are focusing the "Next 20" on Non-US and Non-European assets.  Our
goal is to have this phase complete by July 7, 2000.

Thanks,

Jim

---------------------- Forwarded by James D Steffes/HOU/EES on 06/14/2000
07:18 AM ---------------------------

	John Neslage @ ENRON_DEVELOPMENT

	06/13/2000 06:25:04 PM

To: Mike Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Alberto Levy@Enron, Jose
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Thane
Twiggs/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Amr
Ibrahim/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gloria
Ogenyi/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mac
McClelland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: James D Steffes@EES, Mark Schroeder@ECT, Richard Shapiro@EES, Gia
Maisashvili/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Regulatory Risk Analysis- Phase II

Please see the attached memorandum and spreadsheet detailing the second phase
of our Global Regulatory Risk Review Process.   Our deadline for completion
of this phase is July 7th, 2000, so we will be in contact with each of you
individually soon.

Thanks-
Regulatory Risk Analytics Group


IntercontinentalExchange Named Derivatives Exchange of the Year

Atlanta, GA (January 23, 2002) - IntercontinentalExchange, one of the world's most liquid and fastest growing commodity marketplaces, has been named Derivatives Exchange of the Year for 2002 by Risk magazine. The Risk Awards recognize excellence and innovation in the fast-changing risk management and over-the-counter derivatives businesses. Intercontinental was selected for its phenomenal performance in 2001 in light of the difficult year experienced by many trading platforms in the global energy sector.

"The Intercontinental organization has experienced a tremendous year," said Jeff Sprecher, CEO of IntercontinentalExchange, who was also recently named as one of the Top Entrepreneurs of 2001 by Businessweek magazine. "To be named Derivatives Exchange of the Year is a testament to the extremely talented group surrounding me at Intercontinental, who are successfully advancing a very powerful business model."

Intercontinental experienced tremendous growth and reached numerous milestones in 2001. With the acquisition of International Petroleum Exchange of London (IPE), Europe's leading energy futures and options exchange, ICE added a broad range of exchange-traded energy-based futures and options markets to its extensive roster of energy and metals-based over-the-counter (OTC) derivatives markets.

In August 2001, Intercontinental signed an agreement to offer optional clearing services to its OTC market participants with The London Clearing House (LCH). With this service, Intercontinental will be uniquely positioned to offer market participants the option to utilize clearing services for global energy and metals transactions.

Coupled with the July 2001 closing of its acquisition of the IPE, Intercontinental will
be the world's first exchange organization to offer a full spectrum of risk management products ranging from traditional bi-lateral OTC agreements to cleared OTC products to exchange-traded futures and options on futures.

The past year also saw Intercontinental make its move into the European OTC gas and power markets with the introduction of markets for UK natural gas-related products in December 2001. To support this expansion, ICE entered into agreements
with a number of leading firms engaged in the sale and trading of UK natural gas.

In addition to expanding its product offerings in 2001, Intercontinental experienced
rapid and substantial growth. The past year saw Intercontinental increase the number of participating firms and users by more than 400%. Equally impressive, the number of trades executed on the Exchange grew 15 fold over that same period.

Intercontinental will receive the award at the Risk Awards Presentation Dinner on
February 28th in New York. The proceeds of the dinner will go to Risk Waters Group World Trade Appeal Fund.

About IntercontinentalExchange
IntercontinentalExchange is one of the world's most liquid and fastest growing electronic commodity marketplace, owned by over 100 of the world's leading energy and metals traders, brokers and bankers.

The Exchange electronic trading system is installed on over 7,500 desktops worldwide from which traders log on each day of the business week to trade more than 600 listed commodity and derivative contract types. Broadly, these include crude oil and refined products, natural gas, power, precious metals and emissions allowances. Contract forms include physical delivery as well as financially settled swaps, spreads, differentials and options based on a variety of fixed and floating price indices.

Based in Atlanta (and with offices in New York, Houston, Chicago, London and Singapore), this electronic exchange is taking the technological revolution that occurred in international financial markets and extending it into global commodity markets.

IntercontinentalExchange is the owner of the International Petroleum Exchange of London (IPE), Europe'
 leading energy futures and options exchange. The IPE provides highly regulated open outcry and electronic marketplaces where industry participants use futures and options to minimize their price risk exposure in the physical energy market.

Products traded on IPE include Brent Crude futures and Options, Gas Oil futures and Options, Natural Gas futures and Electricity (baseload) futures.


You're gonna love this site.  So true.

http://www.petnet.com.au/dogs/D162.html


-----Original Message-----
From: Frihart, Bryant
Sent: Tuesday, October 16, 2001 3:39 PM
To: Giron, Darron C.
Subject: FW: eBay product

-----Original Message-----
From: SHIELDS, TERRY K [mailto:tshield@entergy.com]
Sent: Tuesday, October 16, 2001 3:35 PM
To: 'bfrihart@enron.com'
Subject: FW: eBay product

-----Original Message-----
From: McIlvoy, Karen D. [mailto:Karen.D.McIlvoy@enron.com]
Sent: Tuesday, October 16, 2001 3:17 PM
To: Davis (E-mail)
Subject: FW: eBay product

http://home.houston.rr.com/surrenderownz/auction.htm


FYI
Lets discuss
Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 09/13/2000
05:35 PM ---------------------------

Pam Benson@ENRON_DEVELOPMENT
09/13/2000 04:55 PM
To: Jeff Skilling/Corp/Enron@ENRON, Kevin Hannon@ENRON COMMUNICATIONS, Ken
Rice@ENRON COMMUNICATIONS, Mark Frevert/NA/Enron@Enron, David W Delainey@ECT,
John Sherriff@ECT
cc: Sherri Sera/Corp/Enron@ENRON, Katherine Brown/Corp/Enron@ENRON, Kay
Chapman@ECT, Nicki Daw/NA/Enron@Enron, Carol Ann Brown@ECT, Dorothy
Dalton@ENRON COMMUNICATIONS, Lauren Urquhart@ECT, Jana Mills@ECT
Subject: Associate/Analyst Program

Hello everyone!

Joe Sutton would like to have a meeting to discuss the above subject on
Monday, September 18 at 10:00 am - Houston time.  If you plan to be in
Houston at this time, please meet in Jeff's office.  A telecon number will be
arranged and we will furnish this number to you tomorrow.

Due to Jeff's very busy September calendar - this is the only slot we could
get.

Thanks for your support!


here's the political decision helper -
----- Forwarded by Sara Shackleton/HOU/ECT on 11/03/2000 01:43 PM -----

	"CAVALIER,D. MD" <LAB-DSC@womans.com>
	11/03/2000 09:08 AM

		 To: "'Sara Shackleton'" <sara.shackleton@enron.com>
		 cc:
		 Subject: FW: Check out this page at SpeakOut.com!

> -----Original Message-----
> From: OGDEN,B.W. MD
> Sent: Thursday, November 02, 2000 8:45 AM
> To: CAVALIER,D. MD
> Subject: FW: Check out this page at SpeakOut.com!
>
>
>
> -----Original Message-----
> From: SCHELIN,BRETT L
> Sent: Thursday, November 02, 2000 8:36 AM
> To: OGDEN,B.W. MD; WELLS,CHERYL F
> Subject: FW: Check out this page at SpeakOut.com!
>
> This is the page I mentioned to you yesterday.  It ask for your opinion
> regarding issues and which candidate matches your views.  Kind of fun,
> kind of interesting.
>
> Brett Schelin
> Phone: (225)924-8271
> Fax: (225)924-8616
> e-mail: labbls@womans.com
>
>
> http://www.speakout.com/SelectSmart/Default.asp
>
> SpeakOut.com


so sorry for the delay...  I have actually been travelling.  I hope things are ok with you.  What did you say was the best way to proceed?

Jeff

 -----Original Message-----
From: 	Gordon Watson <gordonwatson@btinternet.com>@ENRON [mailto:IMCEANOTES-Gordon+20Watson+20+3Cgordonwatson+40btinternet+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Saturday, September 15, 2001 10:26 AM
To:	Shankman, Jeffrey A.
Subject:	Re: Details from gallery

on 14/9/01 10:15 pm, Jeffrey.A.Shankman@enron.com at
Jeffrey.A.Shankman@enron.com wrote:

> Hi guys, I hope your summer was enjoyable.  I'd like to make arragements
> for the large art deco clock.  What is the best way to proceed?
>
> Jeff Shankman
> Houston, TX
>
> -----Original Message-----
> From:   Gordon Watson <gordonwatson@btinternet.com>@ENRON
> [mailto:IMCEANOTES-Gordon+20Watson+20+3Cgordonwatson+40btinternet+2Ecom+3E+40E
> NRON@ENRON.com]
>
>
> Sent:   Wednesday, July 25, 2001 8:53 AM
> To:     Shankman, Jeffrey A.
> Subject:  Details from gallery
>
> dear mr shankman
>
> find to follow details of the pieces you saw in the gallery today
>
> sean
>
>
>
> ( ST 11142 )
> A carved and polished wooden tray
> French C1950
> ?  1,600
>
> ( ST 00068U )
> A unique carved solid sycamore wooden chair, made and designed by
> Alexander Noll
> French, C 1953
> W 50? x H 36? x D 17?
> ?  23,000
>
> ( ST 10728 )
> A cut glass and chromed metal chandelier
> French C 1940
> Height 42? x Width 38? x Depth 26?
> ?  4,200
>
> ( ST 10852 )
> An unusual mirror with polished edges of tear drop forms
> Fontana Arte, Italian C 1960
> H 34 1/2? x Width 14?
> ?  900
>
>
> - SP 11142.JPG << File: SP 11142.JPG >>
>
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate and
> may contain confidential and privileged material for the sole use of the
> intended recipient (s). Any review, use, distribution or disclosure by others
> is strictly prohibited. If you are not the intended recipient (or authorized
> to receive for the recipient), please contact the sender or reply to Enron
> Corp. at enron.messaging.administration@enron.com and delete all copies of the
> message. This e-mail (and any attachments hereto) are not intended to be an
> offer (or an acceptance) and do not create or evidence a binding and
> enforceable contract between Enron Corp. (or any of its affiliates) and the
> intended recipient or any other party, and may not be relied on by anyone as
> the basis of a contract by estoppel or otherwise. Thank you.
> **********************************************************************
Hi Mr Shankman

A good summer was had by all, although some are reluctant for it to end, ie
Gordon is still away, back on Tuesday. To follow our bank details or if you
would prefer to pay by credit card you could email, fax or telephone the
details through to us.

PAYMENT DETAILS :      NATIONAL WESTMINSTER BANK
            224 KINGS ROAD
            LONDON
            ENGLAND SW3 5XJ
            SORT CODE    :   60-05-14
            ACCOUNT NUMBER  :   30035279

If it suits you we will get a shipping quote ( by air, insured and crated )
from The Packing Shop and they will invoice you directly
We have other shipping services which may be a bit cheaper, although with
such a fragile item (and past experience) we recommend The packing Shop
Please let us know if you would like us to proceed and confirm the address
below as the shipping delivery address

Jeffrey A Shankman
Enron Global Markets LLC
1400 Smith Street
Houston
Texas
USA
77002-7361

Many thanks
sean

GORDON WATSON LTD
50 FULHAM ROAD, LONDON SW3 6HH
TELEPHONE:  020 7589 3108  FAX:  020 7584 6328


If we can set up new ones for NETCO, I do not see why we need the old ones.

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Thursday, January 10, 2002 2:33 PM
To:	Winfree, O'Neal D.; Giron, Darron C.; Love, Phillip M.; Palmer, B. Scott; McLaughlin Jr., Errol
Subject:	TRV

Do you want to keep any of the old TRV files for Netco for any reason.  We can create new ones once it is set up.

KK


Wow! I bet you're sick of explaining that one to all the newcomers. That's
about what I figured was going on - an overlap of names used by different
members of the Enron family.

Thanks so much for taking the time to respond and explain. And thanks for the
welcome!

Kate


Mark McConnell
Transwestern Pipeline Company
713-345-7896   office
713-822-4862   cell
713-646-2551   fax
mark.mcconnell@enron.com


Please forward the attached document to Dan Watkiss.

 - COMPOSIT.DOC


Hi Ben,

I've started a draft of the ESA document, and I wanted to get your comments
before I go much further.  Basically, I want to make sure  I'm on the right
track.

I'll make it look pretty as we go along.  Getting the deal points are most
important at this point.

Thanks,

Kay


John,

How was Austin?  Did you get the rest and relaxation you were looking for?  How about golf?  Everyone has only ever had good things to say about Austin.

Audi TT?
NICE pick.  Is that a 6-speed?  Only 23,000 miles is pretty sweet and the color is right (matches the 400E).  Next time I am down there (?) you'll have to provide a demonstration.  I am really getting the urge to lose my 525 (this seems to happen about every 6 months), I have only driven it once since I moved (about 5 miles total).  Kind of hard to justify $+500 a month for car, insurance and parking when I drive it 20 miles in a month (just not very cost effective).  An old 2002tii would only cost me parking and insurance (and my pride).  Other ideas?

So I am in the new place.  It's great!  Perfect location (just no parking), and I get way more sleep (til 5!).  Its got a pretty solid view and feels much bigger than it is because of all the windows.  Now if I could just get some furniture...maybe a table...

B


Good Afternoon!

Attached, please find the combined interview notes for the first draft of the
article for the ENSIDE Newsletter. Read and review your sections - they are
divided by color. Vince, please check 'everything' for content and accuracy.
Feel free to make corrections and delete anything as you see fit.

Please make changes and then send back to me.  I need it by Wednesday, April
4,  if possible.

Call me if you have any questions!
Kathie Grabstald
EWS Public Relations
x 3-9610

P.S. I am looking forward to the photo shoot on Friday, March 30 at 2:30 PM.
I will meet you all in front of the building at the big E !


Hi Mark -
This is a follow-up request to the following e-mail.  Please advise as soon
as possible.

Many thanks -
Rob
---------------------- Forwarded by Robert B Cass/HOU/ECT on 01/16/2001 07:44
AM ---------------------------

Robert B Cass
01/08/2001 01:39 PM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Please Advise - REQUEST EOL CHANGE IN PROCEDURES

Hi Mark -

The Legal Group in London (Justin Boyd) has advised that office that it would
be OK to stop sending GTC's with confirms.  Instead, the documentation teams
in London have been advised to include the following language on their
EnronOnline transactions that are governed under GTC's (not governed by
Master Agreements):

"This Transaction is governed by the EnronOnline General Terms and Conditions
(GTC) that you have accepted via EnronOnline. For a copy of this GTC, please
click on the Product Description on the EnronOnline website and choose "View
GTC".

Please advise if this policy may be applied to the EnronOnline transactions
for the Houston office.

Thanks -
Rob


Chaim,

I received a number of phone messages from you.
The project is now in the hands of John and I shall
be very happy to assist him when he is ready to move.
He is looking at the licensing agreement right now.

Till then, I have to wait for him to make  a decision.
My role in this project is one of a facilitator, technical
consultant.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/16/2001
05:46 PM ---------------------------

	Enron North America Corp.

	From:  John Goodpasture @ ENRON                           02/13/2001 10:47 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: RE: Gas Model

FYI
---------------------- Forwarded by John Goodpasture/OTS/Enron on 02/13/2001
10:34 AM ---------------------------

"Dale M. Nesbitt" <dale.nesbitt@marketpointinc.com> on 02/13/2001 08:25:12 AM
Please respond to <dale.nesbitt@marketpointinc.com>
To: <John.Goodpasture@enron.com>
cc: <chaim.braun@altosmgmt.com>

Subject: RE: Gas Model

John:

Thanks so much for getting back to me.  We remain keenly interested in doing
the preliminary project for you so that you can know how MarketPoint works
and how it might help you.  We are ready to go on the test process as soon
as you and your people are ready.

You heard from Dr. Chaim Braun, Altos Vice President, who called you at my
request to inquire about your demonstration project.  I will mention to
Chaim that you expressed your interest via email to me.  There is no need to
phone him back until you are ready to go.  Chaim's email address is
chaim.braun@altosmgmt.com and he can be reached at the main Altos number
650.949.3541.  My personal phone number is 650.218.3069.

I look forward to working together.

Dale

-----Original Message-----
From: John.Goodpasture@enron.com [mailto:John.Goodpasture@enron.com]
Sent: Monday, February 12, 2001 3:04 PM
To: Dale M. Nesbitt
Cc: Vince.J.Kaminski@enron.com
Subject: Gas Model

Sorry so much time has passed since we last discussed your North American
Gas Model.  I am however still interested in setting up a test process to
familiarize some of our key people with the model and the database, etc.

I am now reviewing the licensing agreement that you submitted in December
and will be back in touch soon.  I need to discuss this further with the
business segments, but I suspect that our interest will be focused more on
the Long Term gas model.

Another member of your firm had called last week, but I somehow misplaced
his name and number.  I thought that an e-mail response would suffice for
now.  My apologies.

Regards,

John Goodpasture


FYI
----- Forwarded by Barton Clark/HOU/ECT on 09/12/2000 10:19 AM -----

	Barton Clark
	09/01/2000 01:41 PM

		 To: Sharon Butcher/Corp/Enron@ENRON
		 cc: Daniel Allegretti/HOU/EES@EES
		 Subject: Murtha Cullina Conflict Waiver request

The request that I look at or find the proper person to review a conflicts
waiver to be executed by Enron Corp. came to me from Daniel Allegretti as I
am the lawyer working for ENA ( power assets group) in the fuel cell project
referred to in the attachment. Sheila Tweed advised me you were the proper
person to be looking at this matter for governmental affairs. I went ahead
and yesterday did a markup of the requested conflicts waiver from Murtha
Cullina to keep the ball moving and distributed that markkup internally via
the attachment, but nothing more has happened since then. The revised waiver
letter appended to the attachment is marked to show changes to the original
Murtha request, so I won't forward that document to you unless you want it.
Please give me a call at your convenience to discuss.
----- Forwarded by Barton Clark/HOU/ECT on 09/01/2000 01:34 PM -----

	Barton Clark
	08/31/2000 02:18 PM

		 To: Daniel Allegretti/HOU/EES@EES
		 cc: Sheila Tweed/HOU/ECT@ECT
		 Subject: Murtha Cullina Conflict Waiver request

Attached is a suggested markup of the requested conflicts letter. Candidly, I
don't see how Murtha can continue to represent us in lobbying for the subject
transactions and represent CRRA in lobbying and legal representation for the
same transactions without conflicts or creating the appearance of
impropriety, and the markup reflects that scepticism by trying to segregate
out the representation cleanly. Also, to the extent the original draft
indicated Murtha had represented both CRRA and Enron re the transactions
until now, we need to make sure that we are OK with waiving that conflict as
a substantive matter. I'm not familiar enough with the representation to know
if Enron's interests could have been compromised during that period of dual
representation, and I do not think we should agree to the waiver until we are
comfortable on that score.The letter also now  makes clear that Murtha will
not be able to represent either party or their affiliates in litigation
involving them. Since the letter requires the signature of Enron Corp., I'm
trying to find out what clearance is required, as I customarily do not review
or initial Corp. documents for signature.


Kate:

Per my voice mail, I suggest the following as paragraph 2 to the Transfer and
Assumption Agreement:

"WHEREAS, ....options for sale and purchase of physical energy commodities,
in the case of EPMI (the "EPMI ransactions") or certain financial swaps,
options or other financially settled derivative transactions, in the case of
ENAC (the "ENAC Transactions") ..."

Also, am working on the jurisdiction issue.

Please call me at 713-705-1823
email me per below AND :       sshackl@swbell.net

Thanks.  Sara

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

	kpolozie@mwe.com
	03/15/2001 12:55 PM

		 To: Janice.R.Moore@enron.com, sshackl@enron.com, TeiglandL@sullcrom.com,
gilbergd@sullcrom.com, yyaish@exchange.ml.com
		 cc: ppantano@mwe.com, rpaul@mwe.com, daron@mwe.com, darezina@mwe.com
		 Subject: Transfer and Assumption Agreement

Attached please find the Transfer and Assumption Agreement.  In the interest
of
time, I am sending this document to all parties simultaneously.  Thus, Merrill
Lynch and/ or Sullivan & Cromwell may have further comments.

Best regards,

Kate Polozie

Katarina B. Polozie
McDermott, Will & Emery
kpolozie@mwe.com
(202) 756-8130
(See attached file: WDC99_390293_11.DOC)

******************************************************************************
*******

This message is a PRIVATE communication.   If you are not the intended
recipient, please do not read, copy, or use it, and do not disclose it to
others.  Please notify the sender of the delivery error by replying to this
message, and then delete it from your system.  Thank you.
******************************************************************************
*******

For more information on McDERMOTT, WILL & EMERY please visit our website at:
http://www.mwe.com/

 - WDC99_390293_11.DOC


On Thu, 7 Feb 2002, Robert Lundqvist wrote:

> I have tried to find a neat way to include graphs from R in LaTeX documents,
> but have not succeeded (I work with a WinEdt/MikTeX combination).

I use LyX (GUI front-end for LaTeX) under linux. For me I just save from R
a postscript file, then in Lyx click "Insert Figure" and stick it in. So
It's pretty automatic for me and have never had problems over 4 years of
use.

LyX (www.lyx.org) runs under windows.

Bill

-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-
r-help mailing list -- Read http://www.ci.tuwien.ac.at/~hornik/R/R-FAQ.html
Send "info", "help", or "[un]subscribe"
(in the "body", not the subject !)  To: r-help-request@stat.math.ethz.ch
_._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._


please print text, and resume.
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 02/06/2001 11:45 AM -----

	Mike McConnell
	02/06/2001 11:41 AM

		 To: John L Nowlan/HOU/ECT@ECT
		 cc: Jeffrey A Shankman/HOU/ECT@ECT
		 Subject: Tameeza Asaria resume per Amanda Martin

Any interest? - Maybe for Randy or Doug?
m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 02/06/2001
11:39 AM ---------------------------
From: Tameeza Asaria@AZURIX on 01/17/2001 03:23 PM
To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Tameeza Asaria resume per Amanda Martin

Hi Mike,

Amanda Martin asked that I forward my resume to you for your consideration.
I am interested in a position in origination, risk management or structuring
within Enron.  I graduated from Rice University and Stanford University in
engineering and have advanced into a commercial role at Azurix.  I am hoping
to build on my commercial skills at Enron Global Markets.

I would appreciate the opportunity to discuss my plans with you.  I am
available to meet at your convenience.  You may reach me at 713-646-7902.
Amanda will also follow up with a telephone call to you next week.

Thank you for your help.

Regards,
Tameeza Asaria


David, I did not receive the package in interoffice mail.  Could you email it
to me or re-send it by fax at 646-3490?  Thanks!  Michelle

	Enron Capital Management

	From:  David Baumbach                           11/29/2000 09:01 AM

To: Michelle Cash/HOU/ECT@ECT
cc:
Subject:

Did you receive my interoffice mail?  It had an example of the contract
Bridgeline wants to create for Risk.

Dave


Sherry and Johnny Bains have put together a great package for the 31st at
the Tribute.  Time will be from 8:30 until 1:30 am.

Package details:

Valet service
2 blackjack tables manned by trained Vegas dealers
Special midnight countdown with champagne toast
Open Bar!!!
Two for 1 golf coupon at the Tribute (cost normally around 100 on weekends)
Menu to include (served between 9- 11:15 pm) Shrimp and Oysters with Caviar;
Smoked Salmon, Smoked whitefish; fresh asparagus;
                         Spicy beef mini sandwiches; goat cheese with
crackers; chef carved NY strip lion; filet of salmon with saffron risotto;
                          Supreme of chicken and sun dried tomato-cream
sauce; basil mashed potatoes and more.
Midnight Buffet will include black-eyed peas, mustard greens, corn bread, &
assorted French pastries.

Other items will be a DJ and his cost will be divided up later (maybe around
5 bucks)

Also available are suites if need to stay the night.  Need to reserve the
suite with the Tribute at 972-370-5465.

Price???   Well Sherry did a great job negotiating this one because the
Tribute wanted to charge 140 and that did not include gratuity.  (Over 160?)
               Price is 100 which includes taxes and gratuity (but not the
DJ or suite if you plan on staying)

Need to know soon by December 22nd.  Call Sherry at 972-370-1881 or e-mail
her at champersgal@aol.com.


I need for you, or the Producer Services group, to determine if you think the
gas will flow for the month and at what price.  I will use your decision for
our bidweek postion.

D

Vance L Taylor
01/25/2001 11:53 AM
To: Daren J Farmer/HOU/ECT@ECT, Robert Cotten/HOU/ECT@ECT
cc: Susan Smith/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT
Subject: Basin Production from GA 213

FYI,

How would you want to handle for February nomination?

vlt
x3-6353
---------------------- Forwarded by Vance L Taylor/HOU/ECT on 01/25/2001
11:55 AM ---------------------------

	Enron North America Corp.

	From:  Brad Blevins                           01/25/2001 10:56 AM

To: John Peyton/HOU/ECT@ECT
cc: Nick Cocavessis/Corp/Enron@ENRON, Steve -HPL- Schneider/HOU/ECT@ECT, Pat
Flavin/GCO/Enron@Enron, Vance L Taylor/HOU/ECT@ECT, Buck
Thomas/GCO/Enron@ENRON
Subject: Basin Production from GA 213

I have reviewed the gas composition analysis from SPL of the Basin production
from GA 213.  While SPL's analysis does show a dewpoint of around 20 degrees
F at 400 psig, it is both my and John Handley's opinion that the gas from the
wellbore had stratified by the time that this sample was taken.  We expect
the dewpoint of the flowing gas to be higher.  However, this was the best
sample that could be obtained at the time.  We have conferred with Steve
Schneider and we are willing to take this gas on a conditional basis over the
next couple of days.  Once the 6" line has been pigged, the production flows
stablilized and Mitchell's conditioning equipment lined out over the next
couple of days, HMS will need to take another sample at the meter run and
have SPL run an extended analysis with a dewpoint curve on an expedited
basis.  Should this sample indicate a dewpoint over 45 degrees F, then this
production will be shut in again until hydrocarbon dewpoint conditioning
equipment has been installed.  In the meantime, HMS needs to keep a close
watch on all Southern Union city gates on Galveston Island to monitor for
liquids fallout.


Did you get this?
----- Forwarded by Mark Taylor/HOU/ECT on 12/15/2000 09:39 AM -----

	Peter Keohane
	Sent by: Sharon Crawford
	12/14/2000 11:09 AM

		 To: Lara Fields/LON/ECT@ECT
		 cc: Justin Boyd/LON/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Enron London - EOL Product
Control Group/LON/ECT@ECT
		 Subject: Re: PA Review Bank of Nova Scotia

Sorry for the delay in responding.  I have now reviewed this matter with Rob
Milnthorp.  The status of Bank of Nova Scotia's financing arrangements to our
counterparty Beau Canada Exploration Ltd., which was recently purchased by
Murphy Oil  Canada Ltd., remains unclear.  However, until such time as that
has been clarified, including the Bank of Nova Scotia's consent to our
security for our mark-to-market positions with Beau Canada (now Murphy Oil
Canada), Bank of Nova Scotia should not, at the request of Enron Canada, be
added to EOL.

Peter

To: Peter Keohane/CAL/ECT@ECT
cc: Justin Boyd/LON/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Enron London - EOL Product
Control Group/LON/ECT@ECT
Subject: Re: PA Review Bank of Nova Scotia

Peter-

Can you please tell me if we must continue to refuse access to EnronOnline
for The Bank of Nova Scotia?  They have sent in another Password Application
to apply today.

If we must continue to refuse them, can you please tell me what message I
should convey to them?

Thank you,
Lara

	Enron Capital & Trade Resources
	Canada Corp.

	From:  Peter Keohane                           26/09/2000 00:17

To: Justin Boyd/LON/ECT@ECT
cc: Lara Fields/LON/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
Subject: Re: PA Review Bank of Nova Scotia

Justin, Enron Canada is currently in an unresolved dispute with Bank of Nova
Scotia where from our perspective Bank of Nova Scotia has essentially been
telling us to shove off.  The dispute involves BNS's purported requirement to
consent to collateral security given to Enron Canada for physical and
financial trading positions with a counterparty known as Beau Canada.
Neither Bank of Nova Scotia nor any affiliate of Bank of Nova Scotia should
be traded OnLine and all trading ought to be monitored until such time as
this matter is resolved, and this should be expressly communicated to Bank of
Nova Scotia.  They can speak to me directly at 403.974.6923 or to our
President and CEO, Rob Milnthorp at 403.974.6714.

I am copying this memo to Bill Bradford and Mark Taylor for their information.

Justin Boyd
09/25/2000 08:36 AM
To: Lara Fields/LON/ECT@ECT
cc: Peter Keohane/CAL/ECT@ECT
Subject: Re: PA Review Bank of Nova Scotia

Lara

Subject to approval from Peter (the C/P is a Canadian corporate), I approve
for all products except for US power, weather and credit

Peter - thanks!

Justin

To: Edmund Cooper/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Debbie
Nicholls/LON/ECT@ECT, Gail Hill/LON/ECT@ECT, Enron London - EOL Product
Control Group/LON/ECT@ECT, Enron Europe Global CounterParty, Annette
Schneider/LON/ECT@ECT, ECT London Credit, Enron Europe Global Contracts and
Facilities, EOL Marketing Europe@ECT
cc:

Subject: PA Review Bank of Nova Scotia

Hello all,

The Bank of Nova Scotia would like to trade with us online.  They are in GCP
as #54087 and are existing customers of Enron Metals (Jimmy Gordon is the one
who got them to send in the PA if that helps!).

Could you please let us know your comments in the S: access Database?

thank you,
Lara
---------------------- Forwarded by Lara Fields/LON/ECT on 25/09/2000 14:52
---------------------------

London Fax System
25/09/2000 14:28
To: Enron London - EOL Product Control Group/LON/ECT@ECT
cc:

Subject: New fax received (Likely sender: 0207 588 1542).

You have received a new fax from 0207 588 1542

The image contains 3 page(s).


My assistant Becky Spencer will have copies made for you both.

 -----Original Message-----
From: 	Dicarlo, Louis
Sent:	Thursday, March 21, 2002 1:12 PM
To:	Shackleton, Sara
Cc:	Bridges, Michael
Subject:	RE: financial trading auction

Thanks for the notice.

Do you have the referenced process in electronic format?  If so, please forward.  Otherwise, can you have a hardcopies made and forward to Mike and I?

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Thursday, March 21, 2002 12:13 PM
To:	Dicarlo, Louis; Bridges, Michael
Subject:	financial trading auction
Importance:	High

Do not proceed with any action relating to a potential auction of financial trading contracts.  You will need to have the process approved internally, with the creditors' committee and by our bankruptcy lawyers.

I have copies of "processes" which were implemented by the physical power group which you may want to see and use as a template.

Mike:  the "teaser letter" has not been approved by Weil and we will need approvals before we can go forward.

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


---------------------- Forwarded by Darron C Giron/HOU/ECT on 03/19/2001
12:28 PM ---------------------------

Carlos Giron <cgiron@mindspring.com> on 03/14/2001 04:43:23 PM
To: Glenn Bohan <gbohan@home.com>, Darron C Giron <dgiron@enron.com>, Brian
Subieville <BSubie@aol.com>, Lola Savannah <lola@pdq.net>, Michael Massimi
<massimi@hotmail.com>
cc:
Subject: [Fwd: Fw: NIke iD shoes]

Return-Path: <grant.w@mindspring.com>
Received: from maynard.mail.mindspring.net ([207.69.200.243]) by
walker.mail.mindspring.net (Earthlink Mail Service) with ESMTP id
tavp3f.39ar.37kbi73 for <cgiron@mindspring.com>; Wed, 14 Mar 2001 16:36:47
-0500 (EST)
Received: from b6jqv (pool-63.52.61.92.atln.grid.net [63.52.61.92]) by
maynard.mail.mindspring.net (8.9.3/8.8.5) with SMTP id QAA12331 for
<cgiron@mindspring.com>; Wed, 14 Mar 2001 16:36:36 -0500 (EST)
Message-ID: <004801c0acdf$d9f0df20$5c3d343f@b6jqv>
From: "grant whipple" <grant.w@mindspring.com>
To: "Carlos Giron" <cgiron@mindspring.com>
Subject: Fw: NIke iD shoes
Date: Wed, 14 Mar 2001 15:37:58 -0800
MIME-Version: 1.0
Content-Type: multipart/alternative;
boundary="----=_NextPart_000_0044_01C0AC9C.BEE79EA0"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2615.200
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2615.200
X-Mozilla-Status2: 00000000

?
----- Original Message -----
From: Barnett, Linda
To: Becky Runge (E-mail) ; Buckli Stanga  (E-mail) ; Chris  White (E-mail) ;
Eddie Barnette (E-mail) ; Eddie Whipple  (E-mail) ; Grant Whipple (E-mail) ;
Gseaman590308010 (E-mail) ; Hutchison,  Karen ; Ric  Mora (E-mail) ; Virgil_
Barbara and Family (E-mail) ; Seaman, Gary  C.
Cc: Hatch, Mary C. ; Ribera, Cindi  L.
Sent: Wednesday, March 14, 2001 8:39 AM
Subject: FW: NIke iD shoes

-----Original Message-----
From:  Humphrey, Autumn B.
Sent: Monday, March 12, 2001 5:52  PM
To: Greg Wines; Barnett, Linda; Carpenter, Tanya K.;  McKay, Scott A.
Cc: jjjk@aol.com
Subject: FW:  NIke iD shoes

-----Original Message-----
From: Glenn A  Miller [mailto:glennmill@juno.com]
Sent: Monday, March 12, 2001 4:03 PM
To: JanetMoshier@cruisesinc.com; Piponi@aol.com; kperry@family.net;
rosscott@pacbell.net; Tishndic@gateway.net; budsteffen@earthlink.net;
ABHUMPHR@scwater.com;  Schneblyw@cs.com; syndeelynn@Yahoo.com;
jejenkins@earthlink.net; SRush22529@aol.com; Lindsey444@aol.com;
melita_miller@sbcss.k12.ca.us;  Kcromp3011@aol.com; TSchofi527@aol.com
Subject: Fw: NIke iD shoes

--------- Forwarded message ----------
From: Terri Harry <tpharry@flash.net>
To: Undisclosed-recipients:;
Date: Fri, 09 Mar  2001 09:02:12 -0800
Subject: NIke iD shoes
Message-ID: <3AA90C94.74BC2CE2@flash.net>

Hi
If you've aleady received this, my  apologies. On the other hand, if not,

please read and forward around the world.

Nike now lets you personalize your shoes by submitting a word or  phrase
which they will stitch onto your shoes, under the  swoosh. So Jonah
Peretti
filled  out the form and sent them $50 to stitch "sweatshop" onto his
shoes.

Here's the responses he got... fun and games with Nike...

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
From: "Personalize, NIKE iD"  <nikeid_personalize@nike.com>
To: "'Jonah H.  Peretti'" <peretti@media.mit.edu>
Subject: RE:  Your NIKE iD order o16468000

Your NIKE iD order was cancelled for one or more of the  following
reasons:

1) Your Personal iD contains another party's trademark
2) Your Personal iD contains the name of an athlete or team we  do not
have
the legal right to  use
3) Your Personal iD was left blank. Did you not want  any
personalization?
4) Your  Personal iD contains profanity or inappropriate slang, and
besides,
your mother would slap us.
If you wish to reorder your NIKE iD product with a new  personalization
please visit us again at  www.nike.com

Thank you, NIKE iD

From: "Jonah H. Peretti" <peretti@media.mit.edu>
To: "Personalize, NIKE iD"  <nikeid_personalize@nike.com>
Subject: RE: Your  NIKE iD order o16468000

Greetings,

My order was canceled but my personal NIKE iD does not violate  any of
the
criteria outlined in  your message. The Personal iD on my custom ZOOM XC
USA
running shoes was the word  "sweatshop."
Sweatshop is not:
1) another's party's trademark,
2) the name of an  athlete,
3) blank, or
4)  profanity.

I choose the iD because I wanted to remember the toil and labor  of the
children that made my shoes. Could you please  ship them to me
immediately.

Thanks and Happy New Year, Jonah Peretti

From: "Personalize, NIKE iD"  <nikeid_personalize@nike.com>
To: "'Jonah H.  Peretti'" <peretti@media.mit.edu>
Subject: RE:  Your NIKE iD order o16468000

Dear NIKE iD Customer,

Your NIKE iD order was cancelled because the iD you have  chosen
contains, as
stated in  the previous e-mail correspondence, "inappropriate slang".
If you wish to reorder your NIKE iD product with a new  personalization
please visit us again at nike.com

Thank you, NIKE iD

From: "Jonah H. Peretti" <peretti@media.mit.edu>
To: "Personalize, NIKE iD"  <nikeid_personalize@nike.com>
Subject: RE: Your  NIKE iD order o16468000

Dear NIKE iD,

Thank you for your quick response to my inquiry about my custom  ZOOM XC
USA
running shoes.  Although I commend you for your prompt customer service,
I
disagree with the claim that my personal iD  was
inappropriate slang. After consulting Webster's  Dictionary, I discovered

that "sweatshop" is in fact part of standard English, and not  slang.

The word means: "a shop or factory in which workers are employed  for
long
hours at low wages and  under unhealthy conditions" and its origin dates
from  1892. So my personal iD does meet the criteria detailed in your
first
email.

Your web site advertises that the NIKE iD program is "about  freedom to
choose and freedom to express who you are." I  share Nike's love of
freedom
and  personal expression. The site also says that "If you want it
done right...build it yourself." I was thrilled to be able to build  my
own
shoes, and my personal iD  was offered as a small token of appreciation
for
the sweatshop workers poised to help me realize my vision. I  hope that
you
will value my  freedom of expression and reconsider your decision to
reject
my order.

Thank you, Jonah Peretti

From: "Personalize, NIKE iD"  <nikeid_personalize@nike.com>
To: "'Jonah H.  Peretti'" <peretti@media.mit.edu>
Subject: RE:  Your NIKE iD order o16468000

Dear NIKE iD Customer,

Regarding the rules for personalization it also states on the  NIKE iD
web
site that "Nike  reserves the right to cancel any personal iD up to 24
hours
after it has been submitted". In addition,  it further explains: "While
we
honor most personal iDs, we cannot honor every one.
Some may be (or contain) other's trademarks, or the names of  certain
professional sports teams, athletes or  celebrities that Nike does not
have
the right to use. Others may contain material that we consider
inappropriate or simply do not want to place on our  products.
Unfortunately, at times this obliges us to  decline personal iDs that may

otherwise seem unobjectionable. In any event, we will let you  know if we

decline your personal iD, and we will offer you the chance to  submit
another." With these rules in mind, we cannot  accept your order as
submitted. If you wish to reorder  your NIKE iD product with a new
personalization please  visit us again at www.nike.com

Thank you, NIKE iD

From: "Jonah H. Peretti" <peretti@media.mit.edu>
To: "Personalize, NIKE iD"  <nikeid_personalize@nike.com>
Subject: RE: Your  NIKE iD order o16468000

Dear NIKE iD,

Thank you for the time and energy you have spent on my request.  I have
decided to order the shoes with a different iD,  but I would like to make
one
small request. Could you please send me a color snapshot of the
ten-year-old Vietnamese girl who makes my shoes?

Thanks,
Jonah Peretti

As one forwarder writes:

... this will now go round the world much farther and faster  than any of
the
adverts they  paid Michael Jordan more than the entire wage packet of all

their sweatshop workers in the world to do...

I normally avoid making a plea to pass on these things,
but this time I say:

JUST DO IT

________________________________________________________________
GET INTERNET ACCESS FROM JUNO!
Juno  offers FREE or PREMIUM Internet access for less!
Join  Juno today!? For your FREE software, visit:
http://dl.www.juno.com/get/tagj.


Attached for your consideration is the draft of a Master Firm Sale
Agreement.  Upon you review,  please do not hesitate to contact me with any
questions and or comments regarding this matter.

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


You have received this message because someone has attempted to send you an e-mail from outside of Enron with an attachment type that Enron does not allow into our messaging environment. Your e-mail has been quarantined and is being held at the MailSweeper server.

Sender:  Stewart@mallia.com
Date:  Tue, 5 Feb 2002 16:39:37 -0600
Subject:  Why the security gaurds are smiling at the airport
Attachment Type: Scenarios/Incoming/Inbound EXE Catcher: A filename matching the file mask was detected: 'airportscanner.exe'.

If the intended email is of valid business-related content and you believe it requires Enron resources to retrieve it, you may call your Help Desk and ask to have it released from quarantine and delivered to your e-mail Inbox. Your message will be scanned and checked for viruses prior to requested release.  If it contains a virus or there is reason to suspect it is malicious code, it will not be delivered.

North American Resolution Center: 713 853 1411
European Resolution Center: 0044 207 78 36777
EES Help Desk: 888 853 9797
ETS Solution Center: 713 345 4745 (Houston) or 402 398 7454 (Omaha)

Please DO NOT reply to this address as it is not a monitored system mailbox.


This is the letter we have been exchanging voice mails about.  I think your
quick take would be helpful in our analysis of this concept for our business
people.  MDS
---------------------- Forwarded by Mike D Smith/HOU/EES on 04/26/2001 03:16
PM ---------------------------

	Enron Energy Services

	From:  Deborah Culver                           04/26/2001 01:50 PM
	Phone No: 713-853-6463

To: Mike D Smith/HOU/EES@EES
cc: James E Keller/HOU/EES@EES
Subject: AEC Letter Agreement

FYI  At Vicki's suggestion I sent the AMEX letter for NY law review.
(Klauberg is out of pocket so Maas is getting someone in NY to take a look.)
---------------------- Forwarded by Deborah Culver/HOU/EES on 04/26/2001
01:49 PM ---------------------------

	Enron Energy Services

	From:  Deborah Culver                           04/26/2001 01:11 PM
	Phone No: 713-853-6463

To: jmaas@llgm.com
cc: Bill Rapp/HOU/EES@EES
Subject: AEC Letter Agreement

John, attached below is the letter I referenced in my call.  Changes
requested by AEC are blacklined and AEC has asked for New York law.


Carlos, I have a bunch of comments and questions on the below.  I have copied
Herman Manis on this since he wasn't part of your distribution and I want him
to read what the sales plan is to insure that he is comfortable with it and
that it agrees with what the originators and legal folks have been telling
him.

Re your email intro:  1.  The amount owed to E-Next does not need to be
included in this Notice.  It must be included in the second notice we must
provide to E-Next for the purchase.  We refer to it as the Prepayment
Notice.  2.  I don't understand the flow of the sales process for this deal.
My last understanding was that it was to be handled like the CA Development
sale.  In that deal, my understanding is that ENA assigned its purchase
option to CA Dev.  The sale of the LLC originally owned by ENA was sold to CA
Dev prior to the $$ flowing to E-Next for the purchase of the equipment.  CA
Dev put the $$ in escrow first then we issued the purchase notice.  Please
advise if this was not the case and why ENA is the entity purchasing the
equipment in this deal.  Has accounting and the originator agreed on the
accounting treatment this transaction will receive based on the sale
process/flow of $$ described below?

Notice of Intent to Purchase:  1.  Since CA Development was completed, the
form of the Notice has been changed to be more detailed with respect to the
underlying financing:
  This letter will serve as written notice to the Administrative Agent that
(1) the Development and Construction Manager under the Development and
Construction Management Agreement dated as of December 15, 2000, among E-Next
Generation LLC, the Developer Subsidiaries from time to time parties thereto,
and Enron North America Corp., as Development and Construction Manager (as
such terms are define in such agreement), has designated [name of purchaser
and state of incorpation], as its designee pursuant to Section 6.1(a) of such
Development and Construction Management Agreement, and (2) [purchaser]
intends to purchase the Specified Option Property listed (and as defined) in
Exhibit 1 attached hereto.  The applicable purchase date shall be [insert
date].

The Notice should be signed by ENA with Consent provided by Salmon Energy LLC
as purchaser.

These documents in draft form should be approved by CSFB/Milbank prior to us
sending the Notice.  When the Notice is sent, the execution copies of all
documents associated with the purchase should also be sent to the appropriate
parties.  Sending one package is the most expedient method and most likely to
have the documents executed in the five business days that we need.  Rose
Engeldorf can provide you with the information you need for whom to send it
to.

Exhibit 1 to Notice to Purchase:  As noted above, item 5 can be deleted in
this Notice.  In item 6, please spell out the parties involved in the
Agreement in Principle as "the foregoing parties" can be interpreted to
include WestLB as stated in the May 12, 2000 turbine purchase agreement.  As
we all know, they are not a party to the Ag in Principle.  Also, Kay had been
talking with Rose about perhaps changing the AIP to become a change order to
the existing LM6000 master turbine purchase agreement.  Is this happening?
If so, won't this change this description in every schedule to these purchase
agreements?

Assumption & Assumption Agreement:  This Schedule 1 should mirror the
Schedule 1 in the Bill of Sale.  In Schedule 2, please add an attention line
to Shazia Sarker, CSFB , Phone 212 325 9935.

Bill of Sale:  In first paragraph, please correct E-Next's name.  There
should not be a "I" at the end of it.  Also, insert "the" before the
definition of "Developer".  Schedule 1 needs to have the same changes made as
I discussed above under Notice of Intent to Purchase.

UCC-3s:  Not part of your package but a required document for releasing the
equipment from E-Next to Salmon.  Rose can help you insure that these are
created.

Please provide your comments to the above group along with the next draft of
documents, which should probably be ready for review by CSFB/Milbank.

 -----Original Message-----
From:  Sole, Carlos
Sent: Friday, April  13, 2001 11:48 AM
To: Engeldorf, Roseann; Mann, Kay; Bills, Lisa; Clark, Catherine
Subject: Turbopark Notices and Documents for Delta Turbine Sale

In connection with the required Turbopark notices and documents related to
the turbine sale to Delta, attached for your initial review and comment are
drafts of the initial notice to CSFB, an assignment and assumption agreement
and a bill of sale.  Three of the turbines being sold derive from the May
2000 agreement with GE and one of the turbines being sold derives from the
April 3, 2001 "Agreement in Principle" with GE.  Please note, if possible, we
would prefer not to identify what amount is owed by E-Next on the turbines
(this impacts the purchase price section in the exhibit on the initial
notice).

Lastly, as a background refresher, ENA is effectively selling 4 turbines to
Delta Power as follows.  ENA presently owns 100% of Salmon Energy LLC.  Delta
is going to place in escrow the monies owed on 4 turbines (as well as ENA's
profit on the transaction) and after such escrow deposit, ENA will then
proceed with the submittal of the CSFB notice and execution of the assignment
and assumption agreement and bill of sale.  After these steps have occurred,
then ENA will sell 80% of its interest in Salmon to Delta Power.  At some
future date, ENA's remaining 20% interest in Salmon will be transferred to
Delta.

Thank you and please call me with any questions.

Carlos Sole'
Senior Counsel
Enron North America Corp.
1400 Smith Street
Houston, Texas 77002-7361

(713) 345-8191 (phone)
(713) 646-3393 (fax)


In addition to the exchange seats,  MG London is also licensed as an FCM and
CTA with the CFTC --- the Enron acquisition requires a re-registration with
respect to these licenses, and perhaps a great deal of unwanted
disclosure/reporting burdens on Enron

	Mark Taylor@ECT
	08/04/2000 10:59 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron
		 cc:
		 Subject: Re: MG - US Regulatory Status...

FYI
----- Forwarded by Mark Taylor/HOU/ECT on 08/04/2000 10:58 AM -----

	Jon Barrett@MGLTD
	08/04/2000 10:58 AM

		 To: Justin Boyd/LON/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Re: MG - US Regulatory Status...

Justin

Sorry for the delay in catching up with my e-mails. Yes, MG London Inc is the
clearing member of NYMEX/COMEX and is FCM & CTA. The only other MG companies
who have any exchange/regulatory registrations are in the UK and are
Metallgesellschaft Ltd (LME & SFA, also LIFFE to come), MG Brokers Ltd (LME &
SFA), MG Metal & Commodity Co Ltd (LME only).

Rgds

Jon

Justin Boyd@ECT
31/07/2000 20:53
To: Jon Barrett/MGLTD_London/MGLTD@MGLTD
cc: Mark Taylor/HOU/ECT@ECT

Subject: MG - US Regulatory Status...

Jon,

Grateful if you could complete the picture for me and for Mark Taylor.    Is
MG London Inc. the entity that is the Clearing Member of NYMEX + a Futures
Commission Merchant and Commodity Trading Advisor?   Do any other (MG)
entities have similar registrations, and if so, what are these?

Thanks

Justin

---------------------- Forwarded by Justin Boyd/LON/ECT on 31/07/2000 20:47
---------------------------
From: Mark Taylor on 28/07/2000 16:44 CDT
To: Justin Boyd/LON/ECT@ECT
cc:

Subject: MG

Justin:

Do you know whether we have acquired any companies with CFTC registrations of
any kind (e.g. Commodity Trading Advisor or Futures Commission Merchant)?  I
was wondering who was responsible for compliance matters if we have.

I hope you're well and all my best to Fran.

Mark


Thanks for the invitation.  Unfortunately I am unable to attend as this is
the same night as our ETS Holiday Party.

Stan


Can you believe it... I was wrong.

Hans Rotman (Fuel Manager at CES, left in 12/99), did a deal with Aristech
last Sept/Oct for Aristech to release the excess capacity to CES in April and
May. John Whited (Fuel Manager at CES, still there) thinks it was release in
CES's name. Like Chris said, we really don't need the capacity. We are short
Hopewell capacity in Market Area 33 on the East Side. This capcity is on the
West Side in Kentucky.

Thanks!!!!!!!!!!!!!

Chris Germany@ECT
04/03/2000 09:06 AM
To: Colleen Sullivan/HOU/ECT@ECT, Joan Veselack/Corp/Enron@ENRON, Scott
Goodell/Corp/Enron@ENRON, Mark Breese/HOU/ECT@ECT
cc:

Subject: Aristech Capacity

Scott Goodell thinks this might be wholesale capacity for April and May.
This is the first time I've heard about this.  I believe Joanie said this
capacity is primary to Op 3 which doesn't do much for us.

I need to know if we have to take this space.  I would prefer not to take the
space if we don't have to.

Joanie will send us an email after she checks with the CES asset management
group.

---------------------- Forwarded by Chris Germany/HOU/ECT on 04/03/2000 08:30
AM ---------------------------

Chris Germany
04/03/2000 08:29 AM
To: jporte1@columbiaenergygroup.com @ ENRON
cc: dkinney@columbiaenergygroup.com, cdalpho@columbiaenergygroup.com, Scott
Goodell/Corp/Enron@ENRON
Subject: Re: TCO Capacity

I need to check on this.  I need to make sure we are not paying for this.  If
it turns out to be retail, I will make sure I give CES credit for the
transport.

jporte1@columbiaenergygroup.com on 03/31/2000 08:16:24 AM
To: " - *Chris.Germany@enron.com" <Chris.Germany@enron.com>, " -
*Scott.Goodell@enron.com" <Scott.Goodell@enron.com>
cc: " - *Kinney, Doug" <BLOCK@columbiaenergygroup.com>, " - *Dalphon,
Charles" <cdalpho@columbiaenergygroup.com>
Subject: TCO Capacity

Just found out that we have acces to 15,000 of Aritech's capacity on TCO for
Apr & May, for $0.01, primary COH 3-15. Can we replace capacity ENA bought for
4/1 and would there be any cost?


Vince,

Thanks for your quick response.

If you feel it is appropriate, I would like to know who you sent
my resume to, so that I will know that they have already been
"covered".

Peter

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: Monday, April 30, 2001 2:17 PM
To: percell@swbell.net
Subject: Re: Follow-up on SIAM Workshop

Peter,

I forwarded your resume with my recommendation to two
senior executives in our Transportation and Storage Group.

Vince


You have signed the last beam....
 Now  watch it rise.

Enron employees are invited to celebrate the
 Topping-Out of Enron Center South
 this afternoon at Antioch Park
3:45 pm - 4:30 pm.

In celebration of Arbor Day, tree saplings will be
handed out to all participants.

In the event of rain, the Topping-Out Celebration will air on IPTV Wednesday
and
the tree saplings will be distributed in the plaza today at 4:00 pm


[IMAGE]
June 11, 2001

Today, I am pleased to announce Factiva.com, the capstone of  our content
integration products and the powerful new service that will replace  Dow
Jones Interactive and Reuters Business Briefing.

You're going to see  some amazing new features in Factiva.com. Many of these
have been driven by the  results of a global research program that included
input from 300 global customers  and prospects, who also provided feedback at
every stage of our interface design  process.

What's the result? A new, innovative product that addresses your  need for
both global and local information. By building upon the DJI and RBB content
sets we've created a unique global collection of nearly 8,000 sources from
118  countries in 22 languages. Through Factiva Intelligent Indexing, we've
addressed  the need to provide more granular coding. We've also improved
power searching,  and concentrated on the personalization and ease of use
that end users demand  - all to make retrieval more accurate and relevant.

The research also  identified that up to 40% of your time is spent assembling
and disseminating information,  so we've designed tools to make these steps
faster. In an enterprise product you  needed to be able to manage group
access to information, so we've added powerful  administration tools.

Because Factiva.com redefines how business people  gather the critical facts
they need to make good business decisions we believe  you'll want to upgrade
to it quickly. We will continue to support DJI and RBB,  but eventually we
will phase out these products as we devote all of our resources  to the
Factiva product set. We will tell you at least one year in advance of this,
probably in mid-2002, anticipating a final shut down in mid-2003.

I encourage  you to visit our Web site and look at Factiva.com at
www.factiva.com/factiva  and find out why we're so excited about its impact
on improving your awareness  of the external global business environment and
increasing the productivity of  your users. Please share your comments with
me directly at Clare.Hart@factiva.com.

?

Best  Regards,
[IMAGE]
Clare Hart
President and Chief Executive Officer

[IMAGE]

	This message was sent by Factiva, a Dow Jones & Reuters Company.
	Click here to view our privacy policy.
	Click here  if you feel you have received this message in error,
	or if you wish to unsubscribe from this mailing list.

[IMAGE]


Please find the attached memorandum which outlines the relevant information
to hedge the financial payment to satisfy Enron's 3.85 BCF pad gas capital
contribution for the Napoleonville natural gas storage cavern.

If you have any questions or comments, please contact me.

Regards,

Jean


fyi

 -----Original Message-----
From: 	Wheeler, Terrie
Sent:	Friday, August 24, 2001 11:17 AM
To:	Joyce, Mary
Subject:	FW: Diomedes

Mary - We've completed out analysis and attached are 2 spreadsheets with a summary page for your review.

(1)  DC XMS Recap File
Contains an analysis of his expense reports showing the following:

Personal Due Company in US $		$ 23,975
Missing Receipts in US $		$ 70,070
Missing Airline Ticket Receipts in US $	$ 99,177
Personal Meals in US $			$   2,097

Total to Collect from Diomedes		$195,319

(2)  DC Expense Overlap File
This file contains an analysis of overlapping travel & hotels, or hotels with not air travel, and vice versa.  Note that the summary shows you a min & max recovery amount of $11,288 and $18,474.  These amounts are where the hotel stay doesn't track with the air travel dates.  I understand that quite often a ticket may be used for dates other than what's printed on the ticket receipt.   So this may account for the discrepancies her.  Also, note that one of the amounts did not have a receipt and hence are already included in the "Missing Airline Ticket Receipts" category above.

(3)  4 US and 1 Brazil expense reports have been sent to Orlando for his review.  As I mentioned in my voice mail, he seems reluctant to sign anything and referred us to Joe.  However, GG Garcia has drafted Orlando a memo and again is requesting his review.

(4)  Payment for London flat s/be rec'd next Tuesday.  Monday is a banking holiday for them.

See updated notes below in red.

Terrie

 -----Original Message-----
From: 	Wheeler, Terrie
Sent:	Friday, August 17, 2001 4:47 PM
To:	Joyce, Mary
Subject:	Diomedes

Quick update from this week:

Joe reviewed & approved all but 5 expense reports this week.  Last 5 to be review & approved by Orlando since we just located them (4 are U.S. reports). See latest comment (3) above.

Still attempting to resolve returned tickets ($150k) with Brazil travel agency.  Actually returned?  If so, who got the credit?  Estimate $150k in question.  Travel agency accountant will back in their office Monday to discuss.    Credits could not be located.  Included in Missing Airline Ticket Receipts in our analysis in comment (1) above.

Confirming Diomedes' Finland travel with Mark Metts.    Not business per Corp Dev.  Included in Personal Exps in our analysis in comment (1) above.

Banking instructions eMailed to Diomedes so he can pay ENE for London Property.  Payment s/be forthcoming. See separate eMail from London today that I forwarded to you.  Monies s/be rec'd next Tuesday.

Audit completed duplicate and overlapping travel review.  5 items in question totaling $11k - $25k depending on stance we want to take.     See comment (2) above.

Hope to have this wrapped up next week.  Will provide summary to you then.  Have a great weekend!

Terrie


I agree with Denis' remarks especially about there being a single book and
hence the need for matching terms and back-to-back trades. From a regulatory
perspective, you don't want to book ENA's trades in London since it is not
authorised to deals here and is not acting through EEFT, our SFA regulated
entity.  Hope this helps

Paul

Denis O'Connell
12/06/2000 14:01
To: Bryan Seyfried/LON/ECT@ECT
cc: Elaine Bannerman-Sowah/LON/ECT@ECT, David A Wall/Risk Mgmt/LON/ECT@ECT,
Paul Simons/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Janine Juggins/LON/ECT@ECT

Subject: Re: ENA / Enron Credit.com

As I understand it from a tax and legal perspectibe transactions booked in
ENA should be executed by a trader sitting in Houston.  As far as I am aware
there is no brokerage or agency arrangement with either EFT or
EnronCredit.com in this regard and therefore traders sitting in London should
not execute these transactions independently of the traders sitting in
Houston.

From a booking perspective in this type of situation generally a separate
trading book should be mainatined by ENA.  It may be acceptable for
EnronCredit.com to risk manage ENA's credit derivaties postions provided the
requisite service agreement has been put in place - this is really a question
for ENA - Mark ?.  I do not know if such a service agreement is in place.

Where a transaction is booked into ENA and not bt-backed with .Com the market
risk will reside with ENA - a btb with .Com would be necessary to consolidate
the mtm of the ENA credit derivatives business in .Com.  In view of the fact
that Bryan is viewing all credit derivatives business as a global book, all
credit derivatives business entered into by Enron entities other than
EnronCredit.com should be back-to-backed with .Com.  In situations where ENA
has sold protection and .Com has bought protection on the same name this
internal structure will permit ENA immediately Delivering on the Portfolio of
Deliverable Obligations it as received as the Seller of protection to .Com
which can in turn can Deliver on to the counterparty it has bought protection
from.  As a result all hedged trandsactions should have matched terms
regardless of the Enron booking entity.

Mark, Paul can you add further clarification as to the position (particularly
where I haven't hit the mark !).

tks,

Denis

Bryan Seyfried
11/06/2000 13:57
To: Elaine Bannerman-Sowah/LON/ECT@ECT
cc: Denis O'Connell/LON/ECT@ECT, David A Wall/Risk Mgmt/LON/ECT@ECT

Subject: Re: ENA / Enron Credit.com

In reality, I think of there being a single global book and terms should
match across internal legal entities.  The only reason for booking into two
separate entities is for Tax and/or regulatory reasons.  The risk is managed
out of London, I don't think there is any reason to back-to-back trades into
EnronCredit.com but will defer to the appropriate tax, legal and control
personnel.  I don't think a services agreement has been set up yet.

We should try to close the open issues next week.  Could you coordinate the
relevant parties to ensure satisfactory results.

thanks.

Elaine Bannerman-Sowah
09/06/2000 14:44
To: Bryan Seyfried/LON/ECT@ECT
cc: Denis O'Connell/LON/ECT@ECT

Subject: ENA / Enron Credit.com

Bryan

Please could you confirm that CDS trades done by ENA :

1.can be booked in London;
2. risk-managed in London
3. do not have to be back-to-backed with Enron Credit.com
4. there is a Service Agreement between the two entities.

My understanding of this is that we would not need to match the terms of
transactions, for example where ENA has sold protection and Enron Credit.com
has bought protection on the same name. We would only need to match the terms
where protection is bought and sold by the same Legal entity on the same name.

Your response will be greatly appreciated.

Thanks,
Elaine.


CALENDAR ENTRY:	APPOINTMENT

Description:
	Global Standards meeting - EB3127 Portland X8147

Date:		11/14/2000
Time:		1:00 PM - 2:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Will Jeff be signing this today?  Will we be mailing it out today?

 -----Original Message-----
From: 	Heard, Marie
Sent:	Thursday, October 18, 2001 9:32 AM
To:	Doukas, Tom; Shackleton, Sara; Panus, Stephanie
Cc:	Kinneman, Jeff; Pizzolato, Paul; Wall, David
Subject:	RE: CSFB agreement

I am finalizing the documentation for Jeff's signature now.  The resolution (Jeff does not sign) will have to follow.

Please provide me with the contact information so that I can forward the documents to CSFB (phone, fax and courier delivery address).

Marie

 -----Original Message-----
From: 	Doukas, Tom
Sent:	Thursday, October 18, 2001 9:04 AM
To:	Shackleton, Sara; Heard, Marie; Panus, Stephanie
Cc:	Kinneman, Jeff; Pizzolato, Paul; Wall, David
Subject:	CSFB agreement
Importance:	High

Sara,

Jeff Kinneman has suggested that perhaps legal could scan the executed document and edit the signature pages as opposed to recreate it since CSFB cannot provide the word document we requested.

However we decide to pursue this is still a priority as we are now shut off from trading.

Please advise as to what time frame we can expect the document to be completed.

Thanks,

Tom


Maria,

Further to our conversation, please see the attached  GISB draft.

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


No problem at all.  Thanks for the note.  We are happy you are available to
help.

Regards,
Randy

Sara Shackleton@ECT
07/15/99 10:17 AM
To: Randy Young/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Trading in Brazil

Greetings!  Hope there's no confusion about my role in Brazil.  I'm replacing
Yao Apasu in the derivatives area and I thought he was more involved in the
process than he apparently was.  I'll be taking direction from Brent and will
be available as needed.  Thanks.  Sara


This request has been pending your approval for  5 days.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000076513&Page=Approval to review and act upon this request.

Request ID          : 000000000076513
Request Create Date : 11/19/01 8:37:30 AM
Requested For       : scott.tackett@enron.com
Resource Name       : Sitara Houston Production Central Edit Risk Analytics
Resource Type       : Applications


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                OCTOBER 25, 2001

Notice ID: 3212
5 - NO RESPONSE REQUIRED

SUBJECT:  CAPACITY ALLOCATION-INTRADAY I CYCLE FOR OCTOBER 25,2001

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

RECEIPTS:

TCO-LEACH:  IPP increases received pro-rata shares of available capacity.

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

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

Pal Lends/Unparks         Available
PAL Parks/Loan Paybacks   Not Available

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

Columbia Gas Transmission has completed allocating all of its receipt and
delivery points for the gas day of October 25, 2001.  You may now view the
quantities you are authorized to flow on October 25, 2001. On the Internet
NAVIGATOR, view Nominations, Scheduled Quantity, Scheduled Quantity for Service
Requestor-Summary, Nominations to be Viewed, and select Reduced Nominations.
The quantities confirmed to flow for your account will be available on the
Internet NAVIGATOR after 3:00 p.m. Eastern Time on Thursday, October 25, 2001.

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


I got the message that you couldn't meet this afternoon.  Thought I would do
a quick note to bring you up to date on some things.

Commercialization Efforts- Services:  Delayed by several days due to the
unexpected absence of Mary Solmonson for health reasons.  I learned about
this when I returned to the office on Tuesday, and have worked to replace her
as best we can during this market sizing phase.  Jennifer Denney (who was in
Dallas with us and works under Sheri Thomas in the EOL Product Control Group)
will partner with James Scribner in Mary's absence to help us run down
additional data on potential customers.  Beth Apollo will be working closely
with James and Jennifer.  They will welcome Rahil's help and will continue to
work with Jennifer on developing the revenue model.

Commercialization Efforts - Consulting:  Bjorn Hagelman in the RAC group made
a presentation at the Risk Forum luncheon last week outlining a plan for
providing risk consulting services to external customers.  Some of his ideas
overlap the ideas around consulting that we fleshed out in our Dallas
meeting.  Some of his ideas included providing services from my risk
operations team.  I want this to be a concerted and not disjointed effort.
Bjorn's vision is to create an Enron sub that will be the consulting
company.  Our team in Dallas saw wisdom in partnering with an
accounting/consulting firm - established marketing arm, existing customer
contacts, proven consulting skills, depth of resources, etc.  There could be
a play to get a hefty sum up front from a consulting firm to partner with us
- we impart our risk knowledge, they get the edge in the marketplace from
pairing with us, we take our upfront payment, they do most of the grinding
work - not necessarily a bad model.  Bjorn seems to be in a hurry, as he has
identified a shipping company in Europe that is in need of risk consulting
and is ready to pay.  Probably okay for him to start this effort in that
way.  Prove concept, and then we can consider the wisdom of partnering with
someone else.  I spent some time with him today.  I want to be sure that he
doesn't commit my team to provide a service without our understanding and
being in agreement with the fee structure.  We are okay for right now.  I
will be following what Bjorn is doing and looking for ways to work together
if there is a good upside.  I will keep you posted.

Commercialization Efforts - Internal Marketing:  We have to change some
business practices within Enron and create a mind shift when originators are
selling operational services to their customers.  We must price those and we
must have a mechanism for granting the appropriate income to Operations.
Deal is in the works through power origination team - they priced our
services to customer without our involvement- pricing may not even be
sufficient to cover our costs.  We are researching.  To do's here are to
create an internal marketing document to review with lead originators and to
change DASH process so that Operations has a sign-off.  I met with Louise
today on this.  I will plan meetings with origination teams during the week
of March 19.  Would love to get your input on our presentation to the orig
teams.  I will get you a draft for your comments.

Operational Risk:  Key focus this week has been on rebuilding a risk team in
Portland.  Have worked with Stacey White (my power risk director) and Tim
Belden to make sure we have a short term and long term plan that will work.
I am comfortable that we have devised a good plan.  (We lost the manager of
that group last week - a planned move to London to follow her husband to an
Enron job there.  Our unexpected change this week was the resignation Monday
of another risk book administrator from Portland.)

Operational Risk:  Another key area that we are focusing on is the HPL sale.
End of day today we will know which employees are going to AEP.  We are
working on a smooth transition plan and how we will handle trailing issues
with customers after the sale effective date.  We expect to eliminate 46
positions with the sale.  This number was much larger earlier in the year
(around 70), but have had a lot of attrition with the news of the sale.  Bob
Hall is focused on the details around this issue.

Operational Risk:  We completed a Doorstep Review on the Monterrey office
last week.  (This is the review of operational controls and procedures.)
Went well - Max was skeptical about the process at first, but pleased in the
end.  I will forward and e:mail to you from Max proclaiming his support of
these reviews.  We overhauled this week the Doorstep Review schedule for the
remainder of the year and reviewed that today with Rick Causey.  He likes the
revisions that we have made.  Beth Apollo on my team is leading this effort.

Spring Break Plans:  My children are on Spring Break the week of March 12 and
the nanny has the week off.  We will be out of town through Wednesday, March
13 with the whole family looking at colleges for Meagan.  Patti has contact
numbers for me if needed.  I may decide to come back into the office on
Thursday and Friday.  I will let Patti know when we get back in town.  I will
either see you the end of next week, or back on Monday, March 19.  See
separate e:mail for contact names and numbers in Operations while I am out.


dearest management,
please see below......  i will be in a bit late for those days when we have
presentations....  i hope not to cause any inconvenience.....
your dearest analyst,
jpadron

---------------------- Forwarded by Juan Padron/NA/Enron on 04/17/2001 05:28
AM ---------------------------
From: Karen Buckley/ENRON@enronXgate on 04/10/2001 09:41 AM
To: Russell Ballato/NA/Enron@Enron, Steve Gim/NA/Enron@Enron, Juan
Padron/NA/Enron@Enron, Paul Schiavone/ENRON@enronXgate, Joseph
Wagner/NA/Enron@Enron, Chuck Ames/NA/Enron@Enron, Bilal Bajwa/NA/Enron@Enron,
Mog Heu/NA/Enron@Enron, Denver Plachy/NA/Enron@Enron, Elizabeth
Shim/Corp/Enron@ENRON, Matt Smith/NA/Enron@ENRON, Jason Wolfe/NA/Enron@ENRON,
Virawan Yawapongsiri/NA/Enron@ENRON
cc:

Subject: Trading Track - Training Session

All,

John Lavorato has requested your attendance every other Wednesday as listed
below.      Each desk head will give an approx 1.5 presentation on their
respective areas.      Please mark the below in your calendars.       If at
any time there is a change in the presenter I will notify you.

If you have any questions please let me know.

Rgds,

Karen
x54667

Room:  32C2
Time:  4 - 6 pm.

Wednesday, April 18th  Allen, Philip
Wednesday, May 2nd  Arnold, John
Wednesday, May 16th  Davis, Dana
Wednesday, May 30th  Gilbert-Smith, Doug
Wednesday, June 13th  Grigsby, Mike
Wednesday, June 27th  Martin, Thomas
Wednesday, July 11th  Neal, Scott
Wednesday, July 25th  Presto, Kevin
Wednesday, Aug 8th  Herndon, Rogers
Wednesday, Aug 22nd  Schwieger, Jim
Wednesday, Sept 5th  Shively, Hunter
Wednesday, Sept 19th  Sturm, Fletcher


I have downloaded the new loss matrix. I have placed the spreadsheet  in  the
M: 24hour/ ERCOT(new!) folder called Fall ERCOT.
Thanks

	From:  Keller Mayeaux @ ECT                           09/23/2000 07:24 AM

To: Jay Wills/Corp/Enron@ENRON, Cyril Price/HOU/ECT@ECT, John
Kinser/HOU/ECT@ECT, Rudy Acevedo/HOU/ECT@ECT, Richard Hrabal/HOU/ECT@ect,
Wayne Herndon/Corp/Enron@ENRON, Juan Hernandez/Corp/Enron@ENRON, Greg
Trefz/Corp/Enron@ENRON, Miguel Garcia/NA/Enron@ENRON, Russell
Ballato/NA/Enron@Enron, Joe Stepenovitch/Corp/Enron@Enron, Joe
Errigo/Corp/Enron@Enron, Doug Miller/Corp/Enron@Enron, Larry F
Campbell/NA/Enron@Enron, Keller Mayeaux/Corp/Enron@Enron, Chad
Starnes/Corp/Enron@Enron, Dean Laurent/HOU/ECT@ECT, Don Baughman/HOU/ECT@ECT,
Lawrence Clayton/Corp/Enron@Enron
cc:

Subject: Ercot Losses

Use the new loss matrices located in Ercot Iso home page.I or someone will
have to go back and look at the losses from Sept.1 till Sept.20 becouse I
think we were using summers losses.FALL IS SIGNIFICANTLY LOWER EFFECTIVE SEPT
1.


FYI.
----- Forwarded by Alan Aronowitz/HOU/ECT on 05/19/2000 11:39 AM -----

	Paul.TYO.Davis@BakerNet.com
	05/19/2000 07:15 AM

		 To: Alan.Aronowitz@enron.com
		 cc: Joseph.P.Hirl@enron.com, John.Viverito@enron.com,
Rousseau.Anai@enron.com, Mark.Taylor@enron.com, Hideo.Ohta@BAKERNET.com,
Nicholas.O'Day@enron.com
		 Subject: Enron Online: Counterparty Authority

In view of the importance of this issue it is desirable to deal with it in
detail.

1.  The Issue

The essential issue we are focussing on is that set out in my email of May 12,
i.e. the need to avoid the possibility of a counterparty being able to claim
that the transaction is not binding because:

(a) it was outside the company's business purposes, or
(b) execution of the application was not authorized.

This issue is not unique to Japan

There is no question as to any specific Japanese laws impacting on the trading
of any of the products through the internet, including issues as to
contractual
enforceability of contracts entered into via the internet, on which we advised
on 15 March.  A copy of that advice is attached to the bottom of this email.

Neither is there any question, if the above issue is resolved, of the
Electronic
Trading Agreement and General Terms and Conditions forming part of the
contract.
(We understand Mark Taylor to be concerned on this aspect.)

2.  Enron's Practice re EOL

Our understanding is that:

* Potential customers have been sent the password application under cover
of a letter from Joseph Hirl inviting them to complete the application.
Neither
the letter nor the application form indicate who is expected to sign the form.

* Completed applications are reviewed by Enron primarily from a credit
standpoint but also, we understand from Mark Taylor, to quickly confirm the
authority of the signer (by e.g. in the case of a U.S. counterparty, checking
if
the signatory shows the title "director" alongside his name).

* If satisfied, Enron then signs the acceptance part of the application
and issues a password.

* Four applications had been received regarding Japan as of 11am today and
none has yet been approved.

3.  Business Purposes

Article 43 of the Civil Code provides that a juristic person has rights and
obligations in accordance with law and the business purposes specified in its
constituent documents.  Where a corporation enters into a contract outside its
business purposes, the contract is prima facie void.

However, if the counterparty did not know that the contract was beyond the
power
of the corporation, and was not negligent in failing to know such fact, the
contract will be enforced under Article 110 of the Civil Code.

The most prudent practice would be for Enron to obtain a copy of the
counterparty's business purposes (certified by the Legal Affairs Bureau or by
a
representative director) and form a view on whether the proposed transaction
falls within those purposes.

However, since Japanese companies' business purposes, after listing a limited
number of specific purposes, generally include a final item along the lines of
"all incidental or ancillary business", it is common for companies to not make
this inquiry except in the most major contracts.

With respect to statutory corporations, however, care is required because
often
their business purposes are in fact limited.

Accordingly, a rule of thumb solution would be: if the counterparty name does
not contain "Kabushiki Kaisha" or "Yugen Gaisha" at the end of the name, to
make
further inquiries.

4.  Authority to Bind the Company - The Law

The position in Japan is similar to that in a number of other countries in the
sense that:

(a)  Deemed Authority

The law provides for a form of execution which, if followed, entitles a party
to
presume that the company is bound.  In Japan, this involves the execution of a
contract by the company's "representative director".  This corresponds to the
presumption concerning the affixing of the company seal in some states of the
US
and in the UK, and the execution of the contract by 2 directors in Australia.

It is possible for the powers of the representative director to be restricted
by
law or the constituent documents of the corporation. (Article 53 of the Civil
Code) but if the counterparty did not know of such restriction, the contract
is
still binding on the company.

(b)  Apparent Authority

In common, with other countries, Japan has a concept of apparent authority.
Article 262 of the Commercial Code provides:

 "A company shall be liable to a bona fide third party for any act done
by a director invested with any title such as president, vice president,
executive director or managing director from which it may be assumed that he
has
authority to represent the company, even in cases where the person has no
power
of representation."

Articles 37 and 38 of the Commercial Code extend the same concept to "general
managers" (so shihainin).  It is generally considered that Article 43 then
applies the concept to "an employee who has been entrusted with certain types
of
matters or specific matters."

Accordingly, in addition to persons having the titles listed in Article 262
(above), the general view is that persons having titles such as general
manager
and division manager (bucho), will be deemed to have the authority to
represent
the company for normal transactions within the particular areas of the
company's
business for which they are responsible.

It is also likely that section managers (kacho) or section chiefs (kakaricho)
have power to bind the company to a certain extent in areas for which they are
responsible.

(e)  Holding Out

Even if an employee of the company is acting outside his actual authority, if
the company has held the employee out as having authority, the company will be
bound by his/her action.

5.  Practical Considerations

In formulating an approach for Enron to take on the basis of the above law,
the
following factors are relevant:

(a)  Practice regarding Representative Director Seal

It is common for a counterparty to seek to take the advantage of the
presumption
referred to in 4(a) above by requiring the representative director's corporate
seal to be affixed (and, if contract is in English, for him to sign) or  to
insist on tracing the "chain of authority" of the signatory up to the
representative director (e.g. by power of attorney), for major or unusual
transactions.

(b)  Size of Transaction

The question is what transactions fall into the "major" or "unusual" category.

Unfortunately the cases on this do not allow a clear line to be drawn.  As in
many other countries, the answer depends on factors such as those noted in
(c),
(d) and (e) below, which vary company by company.

Accordingly, where the contract involves (or could involve) a considerable
ongoing exposure by the company, Japanese corporations would not be surprised
to
be asked for the signatory to be at a certain level, or for written
confirmation
of the signatory's authority to be obtained from a person at such level.

(c)  Size of Company

While it would be prudent and normal to insist upon the representative
director's seal being affixed to a contract of the present type in the case
of a
smaller company, it would not be normal practice to so insist in the case of a
major company such as a bank or major trading company counterparty, in which
companies lower level employees are presumed to have greater authority.

(d)  Business Department of Signatory

The counterparty is more likely to be bound under the apparent authority
doctrine if the signatory is in (and carries a title which refers to) the
relevant business department (e.g. energy), than if he is not.

(e)  Degree of Exposure

To the extent that the online products to be made available are likely to
expose
the counterparty to considerable liability, the possibility of a counterparty
in
the future disclaiming liability should not be discounted and would warrant a
reasonably conservative approach.

(f)  Recent History

However, even when faced with considerable losses during the recent economic
crisis, Japanese companies (at least major companies) have not generally
attempted to use lack of authority as a defense, presumably because of
reputation considerations.

(g) Identity of Addressee

The title of the person to whom the invitation letter is sent may be relevant.
For example, if it was sent to the General Manager of the relevant department,
but the application came from a section chief, there would be strong argument
that the company had held the section chief out as having the necessary
authority.

(h)  Internal Procedures

Since the law concerning execution by a representative director can be
considered to broadly correspond to the law concerning execution under seal in
some countries, and by two directors in for example Australia, the Japanese
rules are not out of line with those of other countries.

Accordingly, it should be necessary for Enron to take a more stringent
approach
to Japan in this respect than it does in marketing the same products in other
countries.  The procedures in place for other countries may be sufficient for
Japan as well, although some adjustment will need to be made for Japan's
unique
regime of company titles.

6.  Conservative Approach

If the online transactions are treated as a major or unusual transaction for
the
counter-party, under common practice Enron would require:

* The application to be executed under the registered seal of (and counter
signed by) a representative director, or by a person who is able to produce
documentation showing a line of authority originating with a representative
director.

* A certified copy of the seal register.

* A certified copy of the register of the company issued by the Legal
Affairs Bureau, to confirm the business purposes and the identity of the
representative director.

7.  Less Conservative Approach

Major Companies

For major Japanese trading companies, banks, insurance companies and other
companies of equivalent size, the following approach could be adopted which
would not be out of line with market practice:

* The application to be executed by a manager (or general manager)(bucho)
of the relevant department or above, or

* By a person able to establish a line of authority from such party.

A more aggressive approach would involve accepting applications signed by a
person at the level of section manager (kacho) or section chief (kakaricho),
but
this is right "on the line" and we would prefer Enron to do so only if there
is
some history of dealings with the company or other evidence to back up an
apparent authority argument.

Smaller Companies

For other companies the approach would be as set out in 6. above.

Perhaps your credit control procedures could be used to set a benchmark for
dividing between small and large companies.

8.  Likely Response of Target  Companies

Your marketing experts will be in a better position than us to form a view
but,
taking into account Japanese commercial practice, we do not believe any
company
is likely to be offended if Enron responds along the above lines to an
application signed by a person who does not meet the above suggested approach,
particularly taking into account that the approach is not inconsistent with
the
correspondence and application form the companies have been sent and no
applications have yet been approved.

Regards

Paul Davis/Hideo Ohta

__________________________________
Baker & McKenzie Advice of 15 March 2000

Dear Mark:

I refer to you e-mail of March 3 sent to my partner, Paul Davis.  I am in
charge
of our Information Technology/E-Commerce Dept.  Please accept my apology for
not
having responded earlier.

Please see our comments below.

Should you have any questions, please let us know.

Best regards,
Yasuyoshi Goto

> -----Original Message-----
> From: Mark Taylor [mailto:Mark.Taylor@enron.com]
> Sent: Friday, March 03, 2000 9:17 AM
> To: Paul.TYO.Davis@BakerNet.com
> Cc: Alan Aronowitz
> Subject: EnronOnline in Japan
>
>
>
>
> Dear Paul:
>
> I believe Alan Aronowitz and Mark Haedicke of our office met
> with you a week or
> so ago and mentioned that we would need advice from you
> regarding the use of our
> internet trading website with customers in Japan.  Below is a
> list of initial
> questions regarding which we would be grateful for the
> benefit of your advice.
> For your background information as you consider these
> questions, be advised that
> counterparties must sign a written "Password Application"
> which provides that
> the counterparty intends to be bound by agreements entered
> into by "clicking" in
> the appropriate spaces on the website.  Please feel free to
> contact me with any
> questions you may have.  I can be reached either by e-mail at
> Mark.Taylor@enron.com or by telephone at (713)853-7459.
>
> 1.   Have relevant regulators in your jurisdiction made any
> statements regarding
> marketing of or dealing in any of the following types of
> products through the
> internet or other electronic systems:
>
>      Commodity transactions relating to oil, gas, electricity
> or other energy
> commodities, whether derivative
>           transactions (cash settled) or physically settled.
>      Financial derivatives - i.e. interest rate, foreign
> exchange or credit
> derivatives.
>      Weather derivatives.
>      If so, please could you provide us with a brief summary.

Our research has revealed no statements of regulators in Japan in connection
with the marketing or dealing in the above types of  products through the
internet or other electronic systems from publicly available source.  We will
let you know if we find any previous or future statements.

>
> 2.   Do any specific laws or regulations exist in your
> jurisdiction which would
> prevent or in any way impact upon marketing or trading of any
> of the products
> set out in question 1 above through the internet?  In
> answering this question
> please address issues relating to contractual formation and
> enforceability of
> contracts entered into via the internet.  In particular, if a
> transaction
> entered into via the internet is enforceable under U.S. or
> U.K. law and the
> transactions contain a choice of such law, will such
> transactions, including the
> choice of law, be enforceable in Japan?

We do not have any specific laws or regulations which would marketing or
trading
of any of the products set out in question 1 above through the internet.
Under
Japanese law, formation of any contract does not require any formality.

Japanese law generally does not require any formalities for offers or
acceptances to be valid as such. There is no Statute of Frauds, and parties
may
make most types of contracts orally. If there is enough evidence establishing
that the offeree agreed to the terms offered, an offeror may rely on it. In
most
simple sales contracts for consumer goods, for example, it would be easy to
prove that the customer agreed to pay x yen for product Y. The Seller's
electronic records showing that the customer clicked on the icon to buy
product
Y should be enough in this context.

In more complicated contracts, the structure of the seller's Web pages should
be
carefully designed. Having no court decisions, we have no definite answer to
the
question of enforceability of shrink-wrap agreements in Japan. However, the
legal implications of the Web-wrap, the online version of shrink-wrap, may be
somewhat different from shrink-wraps (e.g. licenses for software sold over the
counter).  Under a typical shrink-wrap license in the real world, for example,
the customer cannot break the wrapper until after the customer purchases the
product. However, in an on-line environment, a customer has a choice to click
on
an Accept-to-Buy icon before the customer purchases the product. Further,
with a
carefully compiled sequence of screens or pages which would in effect be able
to
let the customer read the terms and conditions before rushing to click on the
icon, it would be easier to prove that the customer read the terms and
conditions than in a typical shrink-wrap license situation. Unlike shrink-wrap
in the real world, the seller may obtain an electronic record showing that the
customer clicked on the icon. Given these differences, the result possibly may
be more favorable to sellers online than to those using shrink-wrap licenses.

If a transaction entered into via the internet is enforceable under U.S. or
U.K.
law and the transactions contain a choice of such law, such transactions,
including the choice of law, will be enforceable in Japan.

>
> 3.   If the answer to either of question 1 or 2 is "yes",
> please indicate
> whether the impact of any relevant statements, laws or
> regulations will differ
> depending upon whether (a) the relevant internet site is
> maintained in your
> jurisdiction or elsewhere; or (b) the party effecting the
> marketing/trading
> through the internet is locally licensed.

N/A

> 4.   Please confirm that by marketing to or trading with
> counterparts in your
> jurisdiction via the internet local relevant regulatory
> bodies/local laws or
> regulations will not consider the party maintaining the
> relevant website to have
> established a physical establishment/branch in your jurisdiction.

We do not have any clear cut answer to this since we have no relevant laws,
regulations, or court cases.  So long as  the party maintains the relevant
website with a computer server located outside Japan, the likelihood of
Japanese
regulatory bodies to consider that the party maintaining such website
established a "physical" establishment/branch in Japan is negligible.

>
> Thank you in advance for your attention.  We look forward to
> hearing from you.
>
> Sincerely,
>
> Mark Taylor
>
>

***********************************************************
This is an e-mail from Baker & McKenzie - Tokyo Aoyama Law Office (Qualified
Joint Enterprise Offices). The contents of this e-mail may be privileged and
confidential and are intended only for the use of the addressee. No one else
may
copy, forward, disclose or use all or any of it in any form.

If you are not an intended recipient, please notify us immediately (by reply
e-mail) and delete this e-mail from your system.

Thank you.


- kudlow 060401.doc


Enron has sold Houston Pipeline Company.  Read about it in eBiz.

Also in this issue:
Find out who else from Enron is part of the Bush transition team
Read how Jeff would solve the problems in California
Enron helps draft a new master bandwidth trading agreement
Awards, awards...and more awards

It's all in the latest eBiz.  Go to home.enron.com, click Publications, then
click eBiz, and "eBiz January 19, 2001."


Great work.  Any indication that the publication of the Stanley investigation
is having any adverse effect?
----- Forwarded by Steven J Kean/NA/Enron on 11/26/2000 08:56 AM -----

	Richard Shapiro
	11/26/2000 07:53 AM

		 To: Robert Hemstock/CAL/ECT@ECT
		 cc: Steven J Kean/NA/Enron@Enron
		 Subject: Re: Update - Proposed Alberta Power Pool Rule Changes

Great news and congrats!

Robert Hemstock@ECT
11/26/2000 01:19 AM
To: Richard Shapiro/NA/Enron@Enron
cc: Aleck Dadson/TOR/ECT@ECT

Subject: Update - Proposed Alberta Power Pool Rule Changes

Rick,

You will recall Steve Kean participated in a conference call on Nov 14 with
John Lavorato et al to discuss emergency Pool Rule changes that the Power
Pool intended to implement in two days.  We developed a 5 point action plan
to deal with the proposed Power Pool rule changes that would have a
significant impact on the value of Enron's PPA investment in Alberta.
By way of update to Steve, you may wish to brief him that: 1) It appears the
Power Pool will not proceed with the rule change designed to exclude
importers from setting pool price.  They will proceed with dispatch risk rule
changes but we have given input on those too and I am optimistic that Enron
will be able to live with these rule changes, the final wording of which we
should see on Monday, 2) We  have set up a meeting with the Minister of
Resource Development (you, Rob Milnthorp and I will attend) on December 11 to
encourage the Alberta Government to stay the course, and 3) This week we will
finalize our "Lessons from other Jurisdictions" document (that Steve sent me
materials to include in) and will provide it to the Alberta Government and
Power Pool and then follow up with them.

---------------------- Forwarded by Robert Hemstock/CAL/ECT on 11/25/2000
11:52 PM ---------------------------

Robert Hemstock
11/25/2000 11:53 PM
To: Rob Milnthorp/CAL/ECT@ECT, Derek Davies/CAL/ECT@ECT, John
Zufferli/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT, Tim Belden/HOU/ECT@ECT
cc: aleck.trawick@blakes.com, dpef@blakes.com, Aleck Dadson/TOR/ECT@ECT
Subject: Update - Proposed Alberta Power Pool Rule Changes

The attached memo provides an update on the status of the Power Pool's
further consideration of the proposed rule changes.  In summary, it appears
the Pool will not proceed with the proposal to exclude import offers from
setting pool price but will recommend a rule that reduces ability of
suppliers to become price takers on volumes that were originally priced too
high to clear the merit order.  I will receive more specifics on the dispatch
risk rule change on Monday.

Regards,

Rob


Shemin, you still stand by what you said below?

-----Original Message-----
From: Proctor, Shemin V. [mailto:sproctor@akllp.com]
Sent: Wednesday, March 20, 2002 3:49 PM
To: Parks, Joe
Cc: mark.ellenberg@cwt.com; melanie.gray@weil.com
Subject: Duke Field Services

Joe,

Based on our discussions, the facts are as follows: Prior to 12/2/01,
ENA sold gas to One Oak.  During the period 12/4-12/31/01, Duke Field
Services inadvertently flowed gas on the MRT pipeline to ENA. ENA used
the gas received from Duke Field Services to fulfill its obligations
under the sales agreement to One Oak.

ENA is obligated to pay Duke Field Services for the gas it received and
later delivered to One Oak because this event occurred post-petition and
benefited ENA.

Shemin