---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/09/2000
04:27 PM ---------------------------

"The Alliance of Energy Suppliers" <alliance@eei.org>@ls.eei.org on
11/09/2000 02:51:56 PM
Please respond to "The Alliance of Energy Suppliers" <alliance@eei.org>
Sent by: bounce-app-ippexecs-33275@ls.eei.org
To: "Generation and Power Marketing Executives" <app-ippexecs@ls.eei.org>
cc:
Subject: Alliance Info Alert - FERC Reporting

Attached is a summary of recent FERC activities (PDF file) and the weekly
Alliance Express. The following is a summary of the most recent FERC meeting,
followed by a listing of the most recent FERC filings.

In a brief meeting yesterday, FERC approved a Final Rule adopting Section 203
merger filing requirements, generally as proposed, and extended the existing
NYISO bid cap in its non-spinning reserves market and the related mandatory
bidding requirement until such time that the New York market can be
determined to be "workably competitive."  At the same time, FERC ordered a
technical conference to explore changes to the NYISO reserves market, and
urged market participants to reach a consensus on a preferred solution, next
steps, and deadlines for resolution/implementation.  Additional details are
provided below.

FERC Updates, Streamlines Merger Filing Process

FERC unanimously approved its proposed Order revising the reporting
requirements for mergers.  However, Comm. Hebert did so with reservations, as
discussed below.  Commission staff stated that the Order closely follows the
Notice of Proposed Rulemaking previously issued, but adds more detail and
more certainty to the industry.  Staff stated that the Order is improved over
the proposed rule because it includes exemptions from reporting for certain
entities and it more precisely defines geographical areas and products.

According to FERC, the draft Order:

-  revises the Commission's filing requirements to reflect existing merger
policy based on FERC's 1996 Merger Policy Guidelines;
-  provides more detail for the industry in developing competitive market
analyses.  The rule continues the existing screening process for mergers with
potential horizontal competitive concerns.  In addition, the rule establishes
informational requirements for vertical competitive analyses.
-  streamlines filing requirements for transactions that do not raise
competitive concerns; and
-  reduces the industry's regulatory burden by eliminating outdated filing
requirements.

The Rule will take effect 60 days after its publication in the Federal
Register.

Commissioner Reaction:

Comm. Hebert expressed reservations that, although he was voting for the
Rule, FERC should not be duplicating the Department of Justice (DOJ) and the
Federal Trade Commission (FTC) market concentration analyses and that FERC
should follow the lead of anti-trust enforcement officials, who could also
analyze mergers faster and more confidentially. He also stated that FERC
should review the filings after the DOJ or the FTC review them, not before,
and that there should be a definite time frame for review.  Hebert did
mention that he was pleased that RTOs and the disposition of transmission
assets would be exempt, that ancillary services would be considered as a
separate product and that the Final Rule opens the door for alternative
market analysis.

Comm. Breathitt supported the Final Rule, stating that it should expedite the
approval process and that the regulatory burden should be eased due to the
fact that older, irrelevant requirements have been dropped.  She indicated
that the Final Rule balanced the need for speedy decisions while protecting
the public interest by stating that the process will be "efficient yet
sufficient".  The Commissioner said that she was pleased the Final Rule
addressed technical issues such as computer modeling as well as retail
competition and one of her main concerns, confidentiality.

Comm. Massey fully supported the Final Rule, emphasizing that it would
improve response time, lessen the need to ask for more data and allow the
industry to better predict Commission actions.  Like Commissioner Breathitt,
Massey was pleased that the Order will allow market modeling analysis that
will better enable FERC to evaluate market concentration and allow applicants
to point to other factors when concentration appears too high.  Massey also
stated that the new Rule includes the ability to address many of FERC's
concerns, such as future mergers when they occur in succession, retail
competition, mitigation by the enlargement of markets through RTOs and
analysis of ancillary services.  In sum, he averred that the Order will
provide FERC with the tools it needs for accurate analysis, while taking into
consideration the rapid changes in the industry.

Chairman Hoecker also voiced his support and noted that he felt that this was
a very important Rule.  In response to Comm. Hebert, Chairman Hoecker said
that the DOJ and FTC actually wait for FERC's report before issuing their
own, that the anti-trust enforcement agencies rely on FERC's expertise when
reviewing mergers in the electric and gas industries.  There is a major
positive connection between industry consolidation and RTOs and that both are
reconfiguring the markets and effect how they work, he noted.  Because the
RTOs enlarge the size of the subject market, he indicated, RTOs will help to
preserve competition.  Therefore, more and larger RTOs should allow for more
mergers, he said.  The Chairman cautioned that this is not to imply that
joining an RTO is a requirement for a merger, but that it would certainly be
viewed favorably.

NYISO Bid Caps Extended Until Ancillary Service Market Shown to be Workably
Competitive

In a 3-1 decision, with Comm. Hebert dissenting, FERC extended the existing
NYISO bid cap in its non-spinning reserves market and the related mandatory
bidding requirement until such time as that market can be determined to be
"workably competitive."  At the same time, FERC ordered a technical
conference to explore changes to the NYISO reserves market, and urged market
participants to reach a consensus on a preferred solution, next steps, and
deadlines for resolution/implementation.

In so doing, FERC rejected certain aspects of NYISO's September 1 and 8, 2000
compliance filing, submitted pursuant to its May 31, 2000 order imposing a
temporary bid cap through October 31.  The ISO's efforts to correct market
flaws identified in the order and further strengthen market performance had
not yet satisfied the Commission's directives, FERC concluded.  FERC found
that while NYISO has achieved solid progress in certain areas, overall the
ISO has not shown sufficient improvement to warrant raising and then
gradually lifting the temporary bid cap in the ISO's non-spinning reserve
market by April 2001, as the ISO requested.

Commissioner Reaction:

Comms. Hoecker, Massey and Breathitt all endorsed the order as an "imperfect
solution," yet a pragmatic approach toward resolving the flaws plaguing the
ISO's market.  Comm. Hebert faulted the Commission for squandering an
opportunity to incentivize additional supply by lifting the price controls.
Hoecker and Breathitt joined Hebert in expressing disappointment in the lack
of the ISO's progress, but contended that significant outstanding issues must
be resolved before the bid cap can be lifted.

In other action, FERC accepted NYISO's and NEPOOL's proposed Emergency Energy
Transaction Agreement, allowing NYISO and ISO-NE to provide emergency service
to each other (ER00-3638-000);

Stricken items included CAE-16 (NEPOOL's 64th Agreement Amendment proposing
the elimination of In Service and instituting new rules governing certain
import transactions (ER00-3577-000)).

                               == RECENT FERC FILINGS ==

(1) RTO DEVELOPMENTS

*  ISO NE submitted its changes to Market Rule 17, Market Monitoring,
Reporting and Market Power Mitigation, in compliance with the Commission's
July 26, 2000 Order.  ER01-368-000.  Filed November 1, 2000.

*  ISO NE submitted its Special Interim Market Rule in compliance with the
Commission's July 26, 2000 Order.  ER00-369-000.  Filed November 1, 2000.

*  ILLINOIS INDUSTRIAL ENERGY CONSUMERS filed to intervene regarding DYNEGY's
filing to request approval for the withdrawal of the ILLINOIS POWER CO. from
the MISO.  ER01-123-000.  Filed November 6, 2000.

*  EL SEGUNDO POWER filed a motion "requesting order on request for rehearing
by date certain" in complaint that challenges the CA ISO's ability to set the
rates for the energy that it can compel generators to produce for reliability
under its standard form contract.    ER00-1830-001.  Filed November 3, 2000.

*  CA ISO filed an unbundled grid management charge in order to recover its
administrative and operating costs.  ER01-313-000.  Comments due by November
22, 2000.

*  NEPOOL submitted supplemental information related to its filing of the
Sixty-Fourth Agreement amending the NEPOOL Agreement, which proposed the
elimination of In Service.  ER00-3577-000.  Comments due by November 14, 2000.

(2) OATT/TRANSMISSION

*  DUKE ENERGY filed an amendment to its Catawba interconnection agreement
with NORTH CAROLINA ELECTRIC MEMBERSHIP COOP.  ER01-282-000.  Comments due by
November 21, 2000.

*  DUKE ENERGY filed an amendment to its Catawba interconnection agreement
with the SALUDA RIVER ELECTRIC COOP.  ER01-281-000.  Comments due by November
21, 2000.

*  DUKE ENERGY filed an amendment to its Catawba interconnection agreement
with NORTH CAROLINA MUNICIPAL POWER AGENCY No. 1.  ER01-280-000.  Comments
due by November 21, 2000.

*  ALLIANT ENERGY, on behalf of IES UTILITIES, INTERSTATE POWER and WISCONSIN
POWER AND LIGHT, filed new rates under its OATT to reflect the transfer of
certain transmission facilities to AMERICAN TRANSMISSION CO.  ER01-312-000.
Comments due by November 22, 2000.

*  WOLVERINE POWER SUPPLY COOP. filed to change its Rate Schedule FERC No. 4,
Wholesale Service to Member Distribution Coops, to make the debt
restructuring charge applicable to all energy delivered to its member coops,
to add standby service rates and to remove references to entities that no
longer exist.  ER01-285-000.  Comments due by November 21, 2000.

*  WOLVERINE POWER SUPPLY COOP. filed an amendment to its OATT to accommodate
Michigan retail choice and to add delivery scheduling and balancing service
as a new service for generators interconnected to its transmission system.
ER01-286-000.  Comments due by November 21, 2000.

*  POTOMAC ELECTRIC POWER filed a revised Attachment H-9 to the PJM OATT
reducing the Other Supporting Facilities Charge for lower voltage deliveries
in the PEPCO zone of PJM to SOUTHERN MARYLAND ELECTRIC COOP.  ER01-336-000.
Comments due by November 22, 2000.

*  WOLF HILLS ENERGY filed a motion to intervene out of time to support the
Interconnection and Operation agreement between itself and AMERICAN ELECTRIC
POWER SERVICE CORP. and to deny the protest of TVA.  ER00-3688-000.  Filed
November 6, 2000.

(3) COMPLAINTS

*  AEP and SOUTHWEST POWER POOL each filed an answer to ENRON's motion for
summary disposition regarding ENRON's complaint, in response to AEP's updated
market analysis, that AEP SERVICE CORP. administered the AEP OASIS and tariff
in a manner favoring AEP's merchant function.  ER96-2495-015, et. al.  Filed
November 6, 2000.

*  POTOMAC ELECTRIC POWER (PEPCO) and the SOUTHERN PARTIES filed a motion to
answer the protest of SOUTHERN MARYLAND ELECTRIC COOP and PANDA-BRANDYWINE
regarding PEPCO's divestiture of generation assets pursuant to restructuring
initiatives in Maryland and the District of Columbia.  EC00-141-000 and
ER00-3727-000.  Filed November 6, 2000.

*  DUNKIRK POWER, HUNTLEY POWER and OSWEGO POWER filed a motion to answer
protests filed by numerous entities regarding FERC's jurisdiction over
station power.  EL00-113-000.  Filed November 6, 2000.

*  ALLEGHENY ENERGY SUPPLY and PPL MONTOUR filed an answer to protests
regarding their purchase of certain jurisdictional facilities.  ER00-3727-000
and EC00-141-000.  Filed November 6, 2000.

(4) MERGERS/CORPORATE RESTRUCTURING

(5) MISCELLANEOUS

                                       ==OTHER NEWS==
*S&P Revises MISO Outlook to Negative
http://biz.yahoo.com/bw/001107/ny_s_p_15.html
 - allianceexpress110700.doc
 - FF110300.pdf


Your message

  To:      Dan Douglass; ARM; Vicki Sandler; Todd Torgerson; Tamara Johnson;
Mara, Susan; Steve Schleimer; Steve Huhman; Roger Pelote; Rob Nichol; Randy
Hickok; Peter Blood; Nam Nguyen; Karen Shea; Jim Crossen; Janie Mollon; Jack
Pigott; Greg Blue; George Vaughn; Gary Ackerman; Ed Cazalet; Denice Cazalet
Purdum; Curtis Kebler; Curt Hatton; Corby Gardiner; Charles Miessner;
Carolyn Baker; Bill Ross; Alden Hoekstra; Max Bulk
  Cc:      Gregg Klatt; Ed Duncan; Erica.Manuel@edelman.com; Fairchild,
Tracy
  Subject: RE: IMPORTANT ! !
  Sent:    Tue, 20 Nov 2001 10:49:09 -0600

did not reach the following recipient(s):

anchau@shell.com on Tue, 20 Nov 2001 10:55:23 -0600
    The recipient name is not recognized
	The MTS-ID of the original message is:
c=us;a=attmail;p=shellusa;l=ICSSCXH70111201655THQMXQ9P
    MSEXCH:IMS:SHELL:MSXSSC:ICSSCXH7 0 (000C05A6) Unknown Recipient

-----
Message-ID: <3080E1264732244B844860A7BD823A69094A42@NAHOU-MSMBX07V.corp.enron.com>
From: "Dasovich, Jeff" <Jeff.Dasovich@ENRON.com>
To: Dan Douglass <douglass@energyattorney.com>, ARM <arem@electric.com>,
	Vicki Sandler <vicki_sandler@apses.com>, Todd Torgerson
	 <torgersont@epenergy.com>, Tamara Johnson <tjohnso8@enron.com>,
	"Mara, Susan" <Susan.J.Mara@ENRON.com>, Steve Schleimer
	 <sschleimer@calpine.com>, Steve Huhman <steve.huhman@mirant.com>,
	Roger Pelote <roger.pelote@williams.com>, Rob Nichol
	 <rsnichol@newwestenergy.com>, Randy Hickok <rjhickok@duke-energy.com>,
	Peter Blood <PeterB@calpine.com>, Nam Nguyen <nam.nguyen@powersrc.com>,
	Karen Shea <karen.shea@dynegy.com>, Jim Crossen <jcrossen@apx.com>,
	Janie Mollon <jsmollon@newwestenergy.com>, Jack Pigott
	 <jackp@calpine.com>, Greg Blue <gtbl@dynegy.com>, George Vaughn
	 <gavaughn@duke-energy.com>, Gary Ackerman
	 <foothillservices@mindspring.com>, Ed Cazalet <ed@cazalet.com>,
	Denice Cazalet Purdum <dpurdum@apx.com>, Curtis Kebler
	 <curtis_l_kebler@reliantenergy.com>, Curt Hatton
	 <curt.hatton@neg.pge.com>, Corby Gardiner <jcgardin@newwestenergy.com>,
	Charles Miessner <camiessn@newwestenergy.com>, Carolyn Baker
	 <cabaker@duke-energy.com>, Bill Ross <billr@calpine.com>, Alden Hoekstra
	 <ahoekstra@semprasolutions.com>, Max Bulk <mbulk@apx.com>
Cc: Gregg Klatt <gregoryklatt@earthlink.net>, Ed Duncan
	 <EDuncan2@arterhadden.com>, Erica.Manuel@edelman.com, "Fairchild, Tracy"
	 <tracy.fairchild@edelman.com>
Subject: RE: IMPORTANT ! !
Date: Tue, 20 Nov 2001 10:49:09 -0600
X-Mailer: Internet Mail Service (5.5.2653.19)
X-MS-Embedded-Report:

Thanks, Dan.  I'm having a very difficult time seeing how Enron will have
any choice other than to vigorously (and respectfully) 1) decline to offer
up any contracts and 2) assert our view that Karl Wood it is unfair to
attempt to impose any quid pro quo, i.e., forcing folks to waive their due
process rights by declining to hand contracts over to Karl.

Best,
Jeff

-----Original Message-----
From: Dan Douglass [mailto:douglass@energyattorney.com]
Sent: Tuesday, November 20, 2001 9:58 AM
To: ARM; Vicki Sandler; Todd Torgerson; Tamara Johnson; Mara, Susan; Steve
Schleimer; Steve Huhman; Roger Pelote; Rob Nichol; Randy Hickok; Peter
Blood; Nam Nguyen; Karen Shea; Jim Crossen; Dasovich, Jeff; Janie Mollon;
Jack Pigott; Greg Blue; George Vaughn; Gary Ackerman; Ed Cazalet; Denice
Cazalet Purdum; Curtis Kebler; Curt Hatton; Corby Gardiner; Charles
Miessner; Carolyn Baker; Bill Ross; Alden Hoekstra; Max Bulk
Cc: Gregg Klatt; Ed Duncan; Erica.Manuel@edelman.com; 'Fairchild, Tracy'
Subject: IMPORTANT ! !

Attached is a ruling issued yesterday by Commissioner Wood directing that
ESPs and customers file copies of direct access contracts with the
Commission by December 3.  The contracts will be available to ALL other
parties who sign a "suitable" protective order.  The Ordering Paragraphs
read as follow:

1.     By December 3, 2001, any party who believes that it has a direct
access contract or agreement potentially affected by an order to suspend
direct access as of July 1, 2001 or a date earlier than September 20, 2001,
shall submit a true and correct copy of each of the actual contracts or
agreements along with any arguments as to the impact of such an order.  A
failure to submit this information for the Commission's consideration will
be considered a waiver of the arguments related to claims involving the
contracts and agreements.  Initially, the true and correct copy of each of
the actual contracts or agreements shall be filed under seal with the
Commission's Docket Office and served on Administrative Law Judge (ALJ)
Robert Barnett.

2.     Office of Ratepayer Advocates shall work with the parties who have
executed direct access contracts or agreements to develop a proposed
protective order and nondisclosure agreement for Commission staff, which
shall be submitted to ALJ Barnett by December 3.

3.     The electric service providers and customers who are parties shall
work with other parties and shall jointly submit a proposed protective order
and nondisclosure agreement that will cover parties other than Commission
staff by December 11, 2001.

4.     Parties' supplemental comments to the comments they filed in response
to the October 23rd Assigned Commissioner Ruling shall be submitted by
January 4, 2002.

As a preliminary matter, of course, AReM and WPTF do not, in their own
names, have direct access contracts.  However, certain members of AReM and
WPTF are direct parties to the proceeding and need to consider what course
they wish to take.  The group also needs to consider if they wish to fight
this Order on Constitutional or procedural grounds.  I will be considering
our options and get back to you with more detail.  However, as a very
preliminary analysis, it is evident that the Commission does not have
jurisdiction over either ESPs or the customers they serve.  The request is
also particularly outrageous because of the statements that, "A failure to
submit this information for the Commission's consideration will be
considered a waiver of the arguments related to the claims involving the
contracts and agreements" and "Parties to this proceeding may have access to
these contracts and agreements after the appropriate protective order and
nondisclosure agreements are in effect."  The former is a likely denial of
due process and the latter exposes proprietary contracts and pricing
information to ESP competitors and exposes sensitive pricing information to
competitors of energy-dependent customers.

Your thoughts would be appreciated.  My initial reaction  is that this is
time for ESPs and customer groups, such as CMTA, ABAG, CLECA, CIU, EPUC,
SPURR, etc., to band together and fight this at multiple levels, from the
Governor's Office on down, including in the media.  Your thoughts would be
very much appreciated.

Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA 91367
Tel:   (818) 596-2201
Fax:  (818) 346-6502
 <mailto:douglass@energyattorney.com> douglass@energyattorney.com

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


Effective March 2, Harry Arora will be leaving DealBench to join Enron
Americas' East Power Desk.  Harry and his team have done an excellent job of
launching and growing the DealBench business.  We thank him for his
contributions and wish him the best in his new role at Enron Americas.

Moving forward, the DealBench effort will be jointly headed by Suresh
Raghavan and Jeff Bartlett, who will report to Greg Piper and continue the
development and marketing of the platform for Enron and other customers.


On March 19th, the Foundation for Taxpayer & Consumer Rights published a
report in it's Bailout Watch newsletter (Special Report: The Manufactured
Energy Crisis) concluding that California's energy crisis has been
manufactured by "energy firms."  A copy of the report is attached and is also
available on the organization's website at www.consumerwatchdog.org.

Today, the Consumer Federation of America released a report (Behind the
Headlines of Electricity Restructuring: A Story of Green, Irresponsibility
and Mismanagement of a Vital Service in a Vulnerable Market) asking
policymakers to "rethink" the move toward retail electric competition.  A
copy of the report is available at their website at www.consumerfed.org or
www.consumerfed.org/calmkt.pdf.  Copies of the press release and the report
are also attached.

 - calmktpress.pdf
 - calmkt.pdf
 - bailout21.pdf


Ian, thanks for the e-mail and phone call.  I have checked around the office
here in order to come up with a plan for most effeciently addressing your
queries.  As I mentioned to you, I have been working closely with Jan
Haizman, based in London, and Mike Grimes, based in Tokyo, in looking at the
regulatory issues associated with off-line trading in Japan.  Jan and Mike
have made substantial progress in identifying and developing plans to address
those issues.  I will leave it to Jan and Mike to comment, but it makes sense
to me that pggy back on those efforts with respect to EOL.

Cynthia Harkness of our office here has been working with the EOL group,
including I believe Mark Taylor, with respect to developing the Ts & Cs for
the EOL broadband offering.  I will, with Cynthia, hook Mark up with the
on-going regulatory effort, and determine what help, if any, Mark needs with
respect to developing an EOL offering for Japan.  As I understand it, you
want us to advise you on how EOL can offer broadband in Japan (by reviewing
and updating earlier due dikligence on this matter) . Please let me know if I
misunderstand the nature of your request for assistance in this regard.  To
the extent that we need the advice of  outside counsel, can I assume wea are
authorized to instruct them on your behalf?  Let me know your thoughts on
costs.

Regards,

	Ian Brungs@ENRON
	01/30/01 03:48 AM

		 To: Gerry Willis/Enron Communications@Enron Communications
		 cc: Justin Boyd/LON/ECT@ECT
		 Subject: Broadband

Hello Gerry,

 After reviewing the countries in which we have completed EOL due diligence,
it is apparent that Japan has always been coordinated from Houston. Therefore
in order to be consistent  we would suggest that you should contact Tanna
Jones, Mark Taylor or Marcus Nettleton who should be able to provide more
detail on the EOL work previously completed in Japan for both Broadband as
well as general commodities.  My apologies for not being more helpful. If you
have any further concerns please contact Justin Boyd in my absence. I will be
back in the office the wednesday of next week.

Kind Regards,

Ian Brungs


will be in this morning around 9:00-9:30 a.m.

Holly Keiser
Enron Wholesale Services
Legal Department
Phone: 713-345-7893
Fax: 713-646-3490
Location: EB 3887
Holly.Keiser@enron.com


talk to Lauri Leyda @303/914-4914,  Lauri has identified/claimed all three invoices (1) billed to KN Gas Services - deal #925045 (this is the correct one) and (2) billed to KN Gas Marketing deal #882391 & 897510 (incorrect).  I have faxed all three invoices to Lauri, stated she only rec'd one, KN Gas Serv. addressed in Colorado.  Thank you Theresa for your help.

Should be SAP #3000015111 - KN Gas Services

Mary A
X3-9709

 -----Original Message-----
From: 	Alba, Mary
Sent:	Friday, August 17, 2001 8:06 AM
To:	Johnson, Cheryl
Subject:	FW: FW: KN Gas Marketing, Inc. SAP #3000006062

rec'd information from Theresa Staab, was out sick yesterday, will contact Lori Leyda today.  Will advise.

I guess the reason why I am so confused (?) is our invoice was mailed to KN Gas Marketing @333 Clay St., Ste 2000 Hou., Tx.  contact name referenced Mike Mousteiko (Mike sits in the cubicle in front of me ! no longer works for KN, now employed by Enron, the phone # referenced is listed as a fax # and that is incorrect)  I called Information for a phone #, there is no listing for a KN Marketing at the address referenced ?  The invoice has not been retrn'd so maybe its been forward ? Where ?  I will be in touch .

Mary A
X3-9709

 -----Original Message-----
From: 	Staab, Theresa
Sent:	Thursday, August 16, 2001 8:31 AM
To:	Alba, Mary
Cc:	Johnson, Cheryl; Valderrama, Lisa; Hamic, Priscilla; Stewart, Willie
Subject:	Re: FW: KN Gas Marketing, Inc. SAP #3000006062

Mary,
The contact for this deal is Lori Leyda at (303) 914-4914.  I believe this company really should be KN Gas Services or KN Services Inc. - Lori will know for sure.  I apologize for the confusion.

Please let me know which counterparty is the correct one for future reference.
Thanks.

Theresa
(303) 575-6485

	Mary Alba/ENRON@enronXgate 08/16/2001 07:18 AM 	   To: Theresa Staab/Corp/Enron@ENRON, Cheryl Johnson/ENRON@enronXgate  cc: Willie Stewart/ENRON@enronXgate, Priscilla Hamic/ENRON@enronXgate, Lisa Valderrama/ENRON@enronXgate  Subject: FW: KN Gas Marketing, Inc. SAP #3000006062

Good Morning Ms. Staab,

Please assist me by furnishing a contact name, phone # for the CP referenced, deal #882391.  We have been unable to direct July prod. billing, #29928SA, in the amount of $108,617.04 to the proper individual for handling.  We know that the addressing and phone #s referenced on our invoice is incorrect.  Please advise.

Thank U

Mary A
X3-9709

 -----Original Message-----
From: 	Hernandez, Elizabeth L.
Sent:	Tuesday, August 14, 2001 4:36 PM
To:	Alba, Mary
Subject:	RE: KN Gas Marketing, Inc.

The contract available for KN is a Master and I haven't gotten anything regarding KN Gas Marketing, Inc.  You may want to call Cheryl Johnson in Global to inquire or call Theresa Staab in the Denver office.  She may have a contact name and number for this deal.

 -----Original Message-----
From: 	Alba, Mary
Sent:	Tuesday, August 14, 2001 12:13 PM
To:	Hernandez, Elizabeth L.; Hamic, Priscilla
Cc:	Valderrama, Lisa
Subject:	KN Gas Marketing, Inc.

07/01 Prod.  Deal #882391

Please review your records and ensure that we have placed this deal correctly, upon trying to contact KN for valid contact names/phone #s I was told that KN Gas was purchased by Oneok.  Please advise.

Mary A
X3-9709


Yes, I thought was to not take back space in the EOT area since we have some
available and were not looking to expand there.

Drew Fossum
12/04/2000 07:57 AM
To: Lindy Donoho/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON,
Lorraine Lindberg/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON

Subject: Re: Draft Open Season Posting

Looks OK to me, subject to approval from MKM's group.  Should we also solicit
turnback in the East of Thoreau area in addition to soliciting it from Cal.
border to Thoreau?  Is it our theory that since Thor.-Cal is the constrained
segment, thats the only area we need to solicit turnback on?  DF

Lindy Donoho
12/01/2000 02:22 PM
To: Steven Harris/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Lorraine Lindberg/ET&S/Enron@ENRON
cc:

Subject: Draft Open Season Posting

Attached is a draft posting for the 10,000/d mainline expansion.  Please let
me know your comments by the end of the day Monday, December 4th.

Thanks!


Start Date: 10/26/01; HourAhead hour: 9;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102609.txt

Error retrieving HourAhead price data - process continuing...


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improving your personal health and fitness.  The following information
applies to those individuals who are beginning an exercise program for the
first time or who are are renewing and exercise program after a lengthly
layoff.

Many of us become overzealous when initiating an exercise program in
anticipation of losing weight, toning up or getting fit.  We start out too
aggresively only to lose our enthusiasm, or worse, create health problems
and/or injuries that we are trying to avoid.

It is natural to expect results as quickly as possible. However, results will
not occur overnight.  Attempting to counteract years of sedentary living in a
couple of weeks is unrealistic and dangerous.  It takes time and continuous
effort.

The most important concept to remember when starting a new exercise program
is o begin safely, slowly and progressively.  Always go at your own pace- too
much, too soon may be counterproductive.

Please take a moment to read the attached document to familiarize yourself
with the guidelines for a safe and healthy exercise program.  If you have any
questions or concerns, please contact either myself or any member of the
fitness staff for assistance.

Joshua Wooten
Health and Fitness Specialist
x35548


Hi Sara, I wanted to let you know that I made calls re: these files we
previosly discussed:

Cross Timbers & Ocean Energy- Jay will call me next week when Fred gets back
from out of town.

Quebicor - left messages for Ken.

Russell Metals - Carol will get back to me.

Camden -- figuring it out with Aparna.

* I did not call any one on Clorox because I noted that I should call a
"Gerald Sypro" and could not find such a person in people finder -- but will
figure this out.

Montana Power -- I will call Tanya today or Tuesday.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/


Barney Brasher will be on Vacation, Thursday, December 7th and Friday,
December 8th.  He will return to the office on Monday, December 11th.

If you need immediate assistance, please call me at 713-853-3562.

Thanks.....Dahlia


Where are the actuals coming from?  Is this someone changing the supply
matched up with the Clinton deal?

	From:  Donnie Myers @ ENRON                           09/12/2000 09:55 AM

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Deal #320094 with Clinton Energy Mgmt

Chris,

 I am showing an adjustment coming through for deal #320094 that is reducing
the invoice by 1,709 dth (from 13,551 to 11,842).  Clinton already agreed
with 13,551 dth and paid us as of August 25.  I was wanting to make sure that
this change is correct.  Could you please look at this for me and let me know
what you find out?


Jill,

Just dropping a note to say hi!

Will write more soon.

Chris


David,

Please, call Shirley Crenshaw (my assistant),
extension 5-5290 to set it up.

Vince

David P Dupre
06/15/2000 05:18 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: interest

What time(s) are you available over the next few days?

Thanks
David
3-3528

Vince J Kaminski
06/15/2000 05:16 PM
To: David P Dupre/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: interest

David,

Please, stop by to chat about it for a few minutes.

Vince

David P Dupre
06/15/2000 11:57 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: interest

May we meet to discuss my interest in joining your group?
I have a strong quantitative discipline and am highly numerate.

Thanks
David 3-3528
---------------------- Forwarded by David P Dupre/HOU/ECT on 06/15/2000 11:53
AM ---------------------------
To: David P Dupre/HOU/ECT@ECT
cc:
Subject: Re: interest

Vince Kaminski


Attached is the schedule for the company planes for the Management Conference
in San Antonio on Nov. 15-17.  Please contact me if you have any questions or
changes.

Thanks!

Vanessa


Hi,

ANGELA BARNETT would like you to see this Web page:

A Few Reasons to be Thankful
(By Funny Greetings)

Click below to see this page and to join the Funny Greetings mailing list:
http://www.flowgo.com/rsubf.cfm?id=efxbzDggorvtwmqStzecyPlgt&s=21&p=2349&d=11-
21-00

To just visit the recommended page, click here:
http://www.flowgo.com/refer/redir.cfm?page_id=2349&d=11-21-00

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

NO Cost Evaluation!  No Credit Checks!  Pre-qualify Online Instantly!  Click
here to see how many credit cards you qualify for!
http://www.flowgo.com/credit2.cfm
AOL LINK

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

The flowgo.com mail referral system is meant to be used exclusively as a way
to forward preferred pages to friends.

One of your friends sent this email through our website.
Friend's name: ANGELA BARNETT
Friend's IP address: 192.152.140.9
Date and Time: 11/21/00 3:38:41 AM Pacific

If you feel this email was sent to you in error, or you do not know the
friend you are receiving emails from, please notify us at:

abuse@flowgo.com

If you wish to never receive a referral from a friend, click the link below.

http://www.flowgo.com/nonrecip.cfm?id=efxbzDggorvtwmqStzecyPlgt


I'd like to attend the class on April 27th & 28th


Just because your trader is out of town on vacation doesn't mean he can't get
a hold of you and make life less than pleasant.  How a person can be in
Hilton Head, SC and still sound like he's going to have a heart attack is
beyond me.


Start Date: 1/16/02; HourAhead hour: 2;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011602.txt
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
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!!!Unknown database.
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Alias: dbCaps97Data
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Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


Hi Kak Kay< I will send you an email to night at home. Love Mother


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
05:16 PM ---------------------------

Anita DuPont@ENRON
10/12/2000 04:58 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Pinnamaneni Krishnarao/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT
Subject: Basket Options Presentation

Vince:

Here is the formatted shell for Basket Options.  You already have "Binary
Options" and you can see the color scheme from that presentation.
Let me know if you need anything else.  Also, you can email me the
presentation if it needs additionaI "dressing up" and you do not have the
time to do it.  I need the finished presentations to send to the Copy Center
by Thursday, October 19, 2000.  Thanks.  Anita


Barry,

The rate plan all of you are on is 89.99 for 650 nationwide anytime minutes.

Name	Monthly Average of Minutes	Suggestions
Barry Tycholiz	450	Lower rate plan to 69.99 (550 minutes)
Kim Ward 	650	Keep rate plan
Stephanie Miller	300	Lower rate plan to 49.99 (350 minutes)

RATE PLANS
$ 29.99	$ 39.99	$ 49.99	$ 69.99	$ 99.99	$ 149.99	$ 199.99
100 min.	175 min.	350 min.	550 min.	900 min.	1500 min.	2000 min

Any extra charges you see on the bill, doesn't mean they are getting charged for roaming/long distance.  They most likely include:  411 calls, accessories, or exceeding minutes.

I will get back to you with how much is being spent in Denver.

Jessica

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Wednesday, October 17, 2001 1:17 PM
To:	Presas, Jessica
Subject:	Cellular Phone Bills

Jessica, it appears that we pay a monthly fee of $ 89.99 / mth plus monthly optional charges and all long distance and local charges.  I would like to discuss the details of a bill. What is this base fee, are there other plans available? Are we getting any value in using cingular ( especially this plan). How many minutes are we getting what are the  long distance and roaming rates?

In aggregate, my monthly cell phone bill for my group looks to be around $1,400 - $ 2,000/mth for 7 people total and this is a little high.

Also, pls verify who has cell phones in Denver and what the monthly bills look like for this office.

Thanks, BT


print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/10/2000
08:57 AM ---------------------------

Jez Peters
10/08/2000 07:51 AM
To: Stuart Staley/LON/ECT@ECT, George McClellan/HOU/ECT@ECT, Mike
McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Peter
Bradley/LON/ECT@ECT, Samuel Grossman/LON/ECT@ECT, Pierre Aury/LON/ECT@ECT,
Chris Connelly/LON/ECT@ECT, Riaz Rizvi/LON/ECT@ECT, Manfred
Ungethum/LON/ECT@ECT, Sven Becker/FRA/ECT@ECT, John Moran/LON/ECT@ECT,
Cornelia Luptowitsch/LON/ECT@ECT, Scott Longmore/LON/ECT@ECT, Tiffany
Cochran/LON/ECT@ECT, Elizabeth McCarthy/LON/ECT@ECT, Tom Kearney/LON/ECT@ECT,
Stephen Pirozzi/LON/ECT@ECT, Dimitri Taylor/LON/ECT@ECT, Kenny
Nicoll/LON/ECT@ECT, Lisa Kent/LON/ECT@ECT, Candace Parker/LON/ECT@ECT, Shamim
Ali/LON/ECT@ECT, Harry Papadopoulos/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Kevin McGowan/Corp/Enron@ENRON, Tom Mcquade/HOU/ECT@ECT, Scott
Pack/NA/Enron@Enron, Dan Edwards/NA/Enron@ENRON, Paul Mead/LON/ECT@ECT,
Karolina Potter/LON/ECT@ECT, Meindert Witteveen/LON/ECT@ECT, Louis
Redshaw/LON/ECT@ECT, Niamh Clarke/LON/ECT@ECT
cc:
Subject: ARA Coal Mkt Summary

MKT SUMMARY

Despite the fact that we have seen some cargoes offered for resale in ARA mkt
for nearby delivery thru to Q1 this week the tone of the mkt
remains very firm. EDFT, seemingly still unsure of it's burn schedule one
week to the next had a spot cape to find a home for if he could replace
with tonnage from either ourselves or the mkt for December delivery. We
offered equivalent of $39 cif ARA but they chose to take her themselves
and two port her into Le Havre and Montoir which shud highlight the inability
to extract from the mkt anything better than $40.50-$41 cif for delivery
December period. Indeed, due to rescheduling Anker Coal were offering some
South African material into ARA for Nov shipment which we
showed some interest in but they claim to have unloaded it at $40.75 on a cif
basis. Thus the direction and structure of the ARA mkt continues
to reflect what we are seeing in both the FOB origin and frt mkts - there is
no incremental tonnage available out of Australia for Europe as producers
look to take advantage of a soaring Pacific prices. Many were already well
sold as the mkt really took off and hence are actively trying to fulfill old
European contracts from elsewhere in order to free up some bullets. Certain
South African producers claim to be sold out until the New Year and
Drummond continues to struggle with getting their shipment schedule back on
track stating that it won't be until May next year that they are fully
back on track again. While there is not a huge amount of open demand thru to
the end of the year anyone who finds themselves entering the
spot mkt from here on in will have to dig deep into their wallets. Q1 01
still proves to be a very interesting period where on the supply side
we will still be experiencing all of the above mkt factors but where there is
also still a substantial amount of open demand to be satisfied. Still
could see some fireworks and a steeper inverse than what we see today with Q1
01 at $41.50 fob and Jan/Dec 01 at $41.25 - watch this space.

SPOT TRADES

While we have worked towards procuring some spot tonnage thru various
channels it has been a week without any spot business. As per
above the mkt is fairly well covered for nearby tonnage and sentiment of the
buyers is to remain very hand to mouth for final requirements
rather than pay these high prices in advance. We are also not too aggressive
at mkting what material we have unsold in stock or arriving
later in the year as we are confident that the mkt will give us handsome
returns as we move further into the winter months and those spot
buyers are eventually forced to the table.

SELLING SIDE

Mission still have not covered their December requirements. Our offer of 1.46
GBP per GJ delivered Ferrybridge and 1.28 GBP FOR
Hunterston were only valid until Friday but they claim to hold on offer of
1.30 delivered Ferrybridge for Polish material. We said that
he shud be filling his face at that level and if we could have some aswell
that wud be very kind. The sage continues!
We have agreed in principle to a five year supply agreement with Stadtwerke
Bremen for between 850mmt - 1mil tonnes per year
starting Jan 01. Prices will be linked to the BAW Index.
HEW/VW combined are tendering for 270,000mt for Q2 shipment into Hamburg. We
have offered $42.50 cif.
Electrabel looking for 50mmt each month 2001.
EDFT continue to look for some cover for Q1 01.
Veag - 300mmt cif Rostock for Nov00/Jun 01
Endesa - 4 capes for 2001.
H del C was interested in spot cargo we were looking at and still working
various possibilities of swapping material for 2001.
While we hoped Coe Clerici may be suitable counterparty to sell us Russian
coal going forward they are looking for us to sell them
some sort of structure which will limit their Russian short going forward!
Fenosa - 250mmt of Low Vol U.S material for 2001 but so far unable to get an
offer basis this material.
Innogy looking for upto 1mil tonnes for delivery throughout 2001
Bewag still have tender out for 500mmt for next year where we are looking to
put a proposal to them basis Polish material.

BUYING SIDE

Continue to work Emerald for material out of the U.S. - hopefully persistence
will pay and we may close something this week for 2001
shipments.
Bot a further cargo from Masefield for Q1 shipment FOB Santa Marta at $32
basis 11800btu/lb
Ensham had a lower quality coal (cape quantity) on offer at $25.30 fob Oz but
unfortunately the specs make it a much more difficult prospect
to find a home for.
Possibility of buying some bits and pieces ex Maputo for Q1 which would
equate to somewhere in the region $41 cif ara. Would be good
to test viability of shipping thru this port.
In tandem with 5 year agreement to supply Bremen with coal we have agreed a
five year Agency Agreement with German counterparty
whereby he will procure Polish coal for Enron for shipment against our Bremen
obligations.
NCSC - looking at feasibility of swapping or buying outright South African
material for 2001.

EOL

What started as a fairly quiet week ended as our best and most exciting week
yet. Between Thursday and Friday we did 16 trades via
EOL equating to just over 300,000mt. Glencore was the main sponsor of the
action on Friday, intent on driving prices higher they were
a net buyer on the day and are no doubt testing our ability to act as a
physical market maker and hence deliver against our commitments
with no coal assets as a backstop! Life to date we have traded 950,000mt on
EOL so hopefully all going well we shud surpass the 1mil
mark this week.
We shud be in a posn where we can roll out our options against the SECA at
Coaltrans in two weeks time.

GAMEPLAN

Running the risk of sounding repetitive our focus must remain on securing
tonnage to play with for next year. To date our Drummond long has
been the only real ammunition we have and there is little security of supply
out of Puerto Drummond for the first 6 months of next year. With the
demand that we have on the table today we could turn our 1 mill long into a
short with no problem at all.  While there will always be a level
where one is happy to short a market I wud feel very uncomfortable doing so
at the traded levels for 01 today despite the absolute levels
being the upper end of the historic range. We still have a little way to go
to actually signing contracts which secures us the 5 year deal
with stadtwerke Bremen but  on the assumption we do we must start looking at
our supply strategy for the first 6 months of next year where
it looks to be most challenging. The business we will be fantastic for
creating flows into Germany and ARA and with the guarantee that we
can supply 10% of the total volume as Petcoke it will certainly act as the
springboard for launching us into this tightly controlled mktplace.

Best Regards
Jez


Dear Mr. Nemec

PCS has some proposed revisions to the Professional Services Agreement
between Enron and PCS.  Would I need to forward these to your attention for
review?  If so, can you please advise what your fax number is and I will only
fax the pages that have changes.

Thank you.

Kelly Fleuriot
Project Consulting Services, Inc.
kfleuriot@hou.projectconsulting.com
Phone:  713-952-7380
Fax:      713-952-7082


Rob, Cyndi,

Apologies for the delay in getting back to you on this subject.

The European Issues

The one year retention period proposed by Houston does cause Europe a problem
for two reasons:

1. The UK custom is to retain documentation for the limitation period of 7
years, ie just over the limitation period. Not to do this could disadvantage
Enron in litigation in the UK ( and we have historically had some major
litigation: CATS, J Block and ETOL). To destroy documents within this period
could be negatively construed in the English Courts. We asked Slaughter and
May to write us a brief paper on this subject which I attach. This bears out
our views.

2. Secondly the Securities and Futures Authority generally stipulates a three
year retention period for records of regulated business. The definition of
such records includes any written communication between firm and customer
with respect to regulated business.

A Proposed European Email Retention Policy

An email retention policy which meets all these requirements would be as
follows:

Inbox: Email messages in an employee's inbox will be deleted 30 days after
receipt (No change from proposed policy)
Sent: Email messages in an employee's sent file will be deleted 30 days after
receipt (No change from proposed policy but IT to confirm this does not also
delete sent messages saved in folders )
Trash: Email messages in an employee's trash file will be deleted 15 days
after being place in the employee's trash file (No change from proposed
policy)
Folders: Email messages in an employee's folders will be moved to archives
365 days after being placed in the folder. (Instead of being deleted)
Archives: Email messages in archives will be retained for 6 years after being
archived, such that the total retention period for emails, from creation to
deletion is 7 years (all new.)

We would propose to introduce an identical policy for paper files. We would
also propose not to take account longer limitation periods which prevail in
other European countries on the basis that the additional exposure after a 7
year period in countries in which Enron Europe is not particularly active, is
small.

The Judgement Call

I think in Europe we have no choice but to introduce a three year retention
period to comply with the SFA rules. I also think that this probably needs to
apply generally rather than attempting to ring fence emails concerning
regulated business. Whether we then decide to retain for the additional 4
years seems to me to depend upon:

whether we think this additional period introduces an unacceptable risk for
Enron as a whole when weighed against the probable benefits in Europe;
the cost of storage during the additional period is likely to be material.

My personal view of the first point is that the risk for Enron as a whole is
probably small compared with the potential benefits for Enron Europe. The
cost of a large disclosure exercise in English litigation can be huge, but we
would only undertake this, or be forced to undertake this, if sufficient
value were at stake. Either way, we would probably be advantaged by having a
comprehensive documentary record of events, which is what our opponent in the
litigation process would in all likelihood have.

I need to check that senior management here agrees with this analysis and
will do so immediately. The second point I will check with our IT people.

We probably then need to discuss this.

        Mark


Daren,

I believe the best way to enter the fee into Sitara would be as a Demand fee
in your example #1.
If we do the fee this way, we will not  double up the volumes.

I have attached my spreadsheet for support:
THE MOST CURRENT WORKSHEET IS TAB #2 MARKED FINAL

Column G is the Over-Delivery quantity total is 17,278 mmbtus
Column S is the Daily dollar amount for the over-delivery quantity due HPLC
$1,008.87
Column T is the Daily dollar amount for the over-delivery quantity due the
customer $519.73.

Thanks-
Katherine
5-8643

Daren J Farmer@ECT
08/31/2000 05:49 PM
To: Katherine Herrera/Corp/Enron@ENRON
cc:

Subject: Re: Duke Exchange Deal Feb. 2000 Prod.

Katherine,

There are 2 ways that I can enter this fee into Sitara:
1) I can put the dollar amount in on day 1 as a demand or facility fee.

2) I need you to give me volume(s) and a price to input into the deal.  I
can't just input a dollar amount in Sitara.

Let me know how you want to handle it.

D

Katherine Herrera@ENRON
08/31/2000 05:28 PM
To: Daren J Farmer/HOU/ECT@ECT
cc: Kristen J Hanson/HOU/ECT@ECT
Subject: Duke Exchange Deal Feb. 2000 Prod.

CASHOUT
Please add the following fees for Feb. 2000:

FEE TYPE:
Natural Gas
Physical Forward
Penalty for Over/ Under take

Sales Ticket # 157278
$1,008.87 Dollars Due HPLC

Purchase Ticket # 157288
$519.73 Dollars Due Duke

Thanks- Katherine


Ellen,
 Attached please find a GTC confirm that I prepared for the requested deal
done by Janet Wallis.  Please call if you have any questions.  I have asked
Janet to forward to New Gulf if the GTC correctly reflects her transaction.
I will notify you if there are any changes.

----- Forwarded by Dan J Hyvl/HOU/ECT on 05/16/2001 09:44 AM -----

	Janet H Wallis/ENRON@enronXgate
	05/09/2001 03:39 PM

		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc:
		 Subject: New gulf

Please prepare an enfolio agreement.  Thanks

Please change the start date to May the 14th


Start Date: 4/29/01; HourAhead hour: 16;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042916.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 16 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/29/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_SCOUT
  ENGY_TYPE: FIRM


As previously indicated, we expect to secure permission from the lenders to
submit our preliminary termination notice PTN to MSEB.  It appears that this
may occur today, but that the strongest likelihood is that we would have the
submission going out on either Saturday morning or even stretching into
Monday or Tuesday of next week.

Attached is the statement we planned to use with the media.  We will keep you
apprised of further developments.

Please let me know if you require additional information.

-John


give-up s/b attached.

Sara,
Ellen spoke to them.  Ellen thinks if we get done by this Friday it should be fine.
sg
 -----Original Message-----
From: 	Glover, Sheila
Sent:	Wednesday, October 31, 2001 8:18 AM
To:	Shackleton, Sara; Heard, Marie
Cc:	Su, Ellen; Lowry, Donna; Bradford, William S.; Hickerson, Gary; Schultz, Cassandra
Subject:	FW: FW: Enron North America
Importance:	High

We are opening up an account with Fimat Canada in the name of Enron North America.  Legal is currently working on getting the execution and clearing account opened.
This was part of the initiative last Thursday to move futures accounts to beneficial Futures clearers.

In the meantime,  Fimat Canada is requesting that we get an Give-up agreement in place with clearing going to BMO Nesbitt Burns.
We are okay with this.

They would like to get the give up signed today.  They say it is the standard format.
Jean-Pierre at Fimat is the contact for any questions.

Please call me if I can be of assistance.

Thanks, Sheila
 -----Original Message-----
From: 	"Jean-Pierre St-Cyr" <jstcyr@fimat.com>@ENRON
Sent:	Monday, October 29, 2001 1:44 PM
To:	Glover, Sheila
Cc:	Keith SHACKLETON; Sara" <Sara.Shackleton@ENRON.com@fimat.com"
Subject:	Re: FW: Enron North America

Sheila,

We have not got yet the authorization from the Fimat Group risk department
to open a clearing account for Enron at Fimat Derivatives Canada.  I will
send you the required schedules once I get this authorization.

In the meantime, for your transactions on the Montreal Exchange, Fimat
Canada will execute them and give-up the clearing to BMO Nesbitt Burns.
For this purpose, we need to have a give-up agreement in place.

Attached is a give-up agreement.

(See attached file: giveup_ENRONNESBITT.doc)

Please have this agreement signed in three copies and send them to my
attention at 1501, McGill College, Montreal, Quebec, Canada H3A 3M8.

Also, please fax me a copy this afternoon ASAP at 514-841-6217.

Regards,

Jean-Pierre St-Cyr
Vice-pr?sident, Audit et Affaires juridiques / Vice-President, Audit and
Legal
Fimat Produits D?riv?s Canada Inc. / Fimat Derivatives Canada Inc.
T?l?p./Phone:?514-841-6208
T?l?c./Fax:514-841-6217

                    "Glover,
                    Sheila"                To:     <jstcyr@fimat.com>
                    <Sheila.Glover@        cc:     "Su, Ellen" <Ellen.Su@ENRON.com>
                    ENRON.com>             Subject:     FW: Enron North America

                    10/29/01 02:26
                    PM

Jean-Pierre,

We need an commission schedule and interest rate schedule.
Please forward this request to the appropriate parties.

Regards,
Sheila
>  -----Original Message-----
> From:   Glover, Sheila
> Sent:   Friday, October 26, 2001 9:06 AM
> To:     'jstcyr@fimat.com'
> Subject:     FW: Enron North America
>
>
>
>  -----Original Message-----
> From:   Glover, Sheila
> Sent:   Friday, October 26, 2001 8:53 AM
> To:     'jspcyr@fimat.com'
> Subject:     Enron North America
>
> Jean-Pierre,
> My e-mail address is sheila.glover@enron.com.
> My fax number is 713-646-2196.
> Regards,
> Sheila

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

 - giveup_ENRONNESBITT.doc


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As we discussed, attached is the new list of proposed reference entities.  I
have also attached my previous memo outlining the propsosed business and our
concerns.


If you have any questions, please call me at ext. 54858.

Thanks,

"Z"


I have a new cell phone number.  It is 713-628-3104.

EPB


no

	Taffy Milligan
	09/12/2000 12:06 PM

		 To: Susan Bailey/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Mark Taylor/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Jason
Peters/Corp/Enron@Enron, Mary Cook/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron,
Robert Bruce/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron
		 cc:
		 Subject: CCH - Commodity Futures Law Reporter - Transfer Binder

Do you have the final binder containing pages in the 50,000 range?  If so,
can I borrow it to place some updates in the book.  I will return it to you
when I I'm done.

Regards,
Taffy


Kay and Heather:  Apparently the copy I emailed to you last night contained
old text ((not shown as blacklining) that went all the way back to the Santee
Cooper form of contract even though when I open it on our system here and
print it out here, it shows up perfectly fine and without any of the old
text.  I've tried saving the clean version to the system again and have
attached it.  Heather, please check the sections you noticed before and see
if they are okay this time. If not, I'll try to get one of our Word "experts"
(to the extent anyone is!) to work on it and will fax it to you to use in the
interim.  Please delete the one sent to you yesterday.

 - VEPCOPPA.doc


i didnt mean to get so run over

 -----Original Message-----
From: 	epao@mba2002.hbs.edu@ENRON [mailto:IMCEANOTES-epao+40mba2002+2Ehbs+2Eedu+40ENRON@ENRON.com]
Sent:	Friday, July 27, 2001 5:36 AM
To:	Arnold, John
Subject:	RE: first of all...

> okay, seriously.  you make good points on the intervention front.  however, i
do believe that the euro has suffered from public neglect from the ecb.  that
said, i'm unsure what form an intervention would take.

money flow. i agree that there has been good money flow into us from Japan,
Japan (through Europe), and Europe.  usd is a good safe haven, because if we
have troubles US should outperform, and the EU is untested.  this is why i am
uninterested in shorting the dollar.

the euro has also suffered from a japanese overhang.  when the euro was first
released, japanese bot up the euro with the expectation that other countries
would convert some of their reserves into the euro.  this has not been the case
and japan has been puking out their position.  however, there is a belief that
the selling is over.  (though, i'm not sure when this played out, or how to
check this story.  haven't found measure for money flow.  oh, bloomberg, how i
miss thee.)

so, i guess i still like it.  but who knows, i'm probably the mullet retail
investor that gets run over.  the currency market is very efficient.

pookums

me thinks the currency market has seen enough failed interventions that
> it shrugs off any intervention and may view it as a sign of weakness.
> me also thinks that until foreigners quit plowing all their money into
> the US the dollar should remain fairly strong.  however, if all the
> hedge funds are short which i assume they would be, the turnaround will
> be very quick.
>
> >  -----Original Message-----
> > From: 	"Eva Pao" <epao@mba2002.hbs.edu>@ENRON
> > [mailto:IMCEANOTES-+22Eva+20Pao+22+20+3Cepao+40mba2002+2Ehbs+2Eedu+3E+
> > 40ENRON@ENRON.com]
> > Sent:	Thursday, July 26, 2001 11:49 AM
> > To:	Arnold, John
> > Subject:	thanks, but
> >
> > i took macroecon also.  i'm not a proponent of open market
> > interventions.  i
> > am merely saying that its on the ecb radar screen and that measures
> > will be
> > taken to remedy a weak euro.  further, everything is psychological, a
> > signalling effect to move the market up is fine by me.  i think
> > overall YOU
> > have been extremely ineffective (just kidding, pooks).
> >
> >
> > -----Original Message-----
> > From: Arnold, John [mailto:John.Arnold@enron.com]
> > Sent: Thursday, July 26, 2001 9:23 AM
> > To: epao@mba2002.hbs.edu
> > Subject: RE: okay here's what i got on the euro...
> >
> >
> > I'm big seller of interventions.  they tend not to work.  if the gas
> > market wants to go lower, enron coming out and buying 10,000 contracts
> > is not going to stop the market from going down.  maybe in the short
> > term, but that's it.  same with currencies.  ECB can come out and
> > transfer some of its foreign reserves from dollars to Euros, but they
> > are limited by their currency reserves unless they want to act in the
> > futures market at which point they have to exit that position at some
> > point.  i think it is more psychological than anything.  i think
> > overall
> > market interventions have been extremely ineffective.
> >
> > >  -----Original Message-----
> > > From: 	"Eva Pao" <epao@mba2002.hbs.edu>@ENRON
> > >
> > [mailto:IMCEANOTES-+22Eva+20Pao+22+20+3Cepao+40mba2002+2Ehbs+2Eedu+3E+
> > > 40ENRON@ENRON.com]
> > > Sent:	Wednesday, July 25, 2001 10:51 PM
> > > To:	John Arnold
> > > Subject:	okay here's what i got on the euro...
> > >
> > > Here is a bio on my Business, Gov't & Int'l Economy prof.  He gave a
> > > presentation on the stuff he did for the European Central Bank the
> > > other
> > > day.  He reviewed why historically everyone looks to germany (i.e.
> > > Bubba) as
> > > a proxy for determining monetary policy in Europe.  Moreover, he
> > > explained
> > > why exchange rates were the focal point in determining monetary
> > policy
> > > in
> > > Germany.  With the new ECB, the bank heads are explicitly trying to
> > > remove
> > > public focus on exchange rates.  However, this effort may have led
> > to
> > > the
> > > belief by the financial community that the ECB does not care about/
> > > will not
> > > defend the euro.  He then stated that this is not true.  So, I'm
> > > thinking
> > > that downside is limited.  The performance of the euro has not gone
> > > unnoticed, especially given the critical EU goal of 2% inflation
> > p.a.
> > >
> > > ep
> > >
> > > Bio:
> > > Huw Pill is an Assistant Professor of Business Administration at the
> > > Graduate School of Business Administration, Harvard University,
> > where
> > > he
> > > teaches the first year required MBA course Business, Government and
> > > the
> > > International Economy.
> > > Having attended University College, he received an undergraduate
> > > degree in
> > > Politics, Philosophy and Economics from the University of Oxford in
> > > 1989. He
> > > received his doctorate from the Department of Economics at Stanford
> > > University in June 1995.
> > > From July 1998 until January 2001, Professor Pill was on leave from
> > > Harvard
> > > working at the European Central Bank in Frankfurt, where he was Head
> > > of the
> > > Strategic Policy Issues in the Bank's Directorate Monetary Policy.
> > > Prior to
> > > his appointment to the Harvard faculty in July 1995, Professor Pill
> > > worked
> > > in London as an economist in the Monetary and Exchange Rate Policy
> > > Group of
> > > the Bank of England's Economics Division (1990-92). He has also
> > worked
> > > at
> > > the International Monetary Fund in Washington, DC (1994, 1995).
> > >
> > > Professor Pill's current research has two dimensions. On the one
> > hand,
> > > he is
> > > investigating the formulation and conduct of monetary policy in
> > > advanced
> > > economies, with a focus on the implementation of the single monetary
> > > policy
> > > in the euro area. On the other hand, he is studying the role of
> > > financial
> > > liberalization and innovation on macroeconomic fluctuations. The
> > > latter
> > > project focuses on the interaction between international capital
> > > flows,
> > > exchange rate management, structural economic reforms (especially in
> > > the
> > > financial sector) and macroeconomic performance in a variety of
> > > countries,
> > > including the United Kingdom, Indonesia and Mexico. The results of
> > > this
> > > research have been published in various professional journals and
> > > edited
> > > volumes.
> > >
> >
> >
> > **********************************************************************
> > 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.
> > **********************************************************************
> >
>

---------------------------------------------
This message was sent using Endymion MailMan.
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Content-Transfer-Encoding: quoted-printable
Date: Wed, 29 Nov 2000 07:48:45 -0600
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Deanna King" <dking@bracepatt.com>, "Paul Fox" <pfox@bracepatt.com>,
"Ronald Carroll" <rcarroll@bracepatt.com>
Subject: DJ REPEAT: Class Action Suit Filed Vs Calif Pwr Producers
Mime-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
Content-Disposition: inline

DJ REPEAT: Class Action Suit Filed Vs Calif Pwr Producers
Copyright , 2000 Dow Jones & Company, Inc.

LOS ANGELES (Dow Jones)--A class action lawsuit was filed in San Diego late
Monday against energy companies that own and operate power plants in
California, alleging generators unlawfully manipulated the state's power
market, resulting in severe wholesale and retail price spikes in the state
for consumers.

The suit names Reliant Energy Inc. (REI), Duke Energy North America (DUK),
NRG Energy, Southern Energy Company (SO), Dynegy Inc. (DYN), AES Corp. and
Williams Energy as defendants.

The plaintiffs are seeking at least $4 billion in damages for electricity
supply bought through the California Power Exchange last summer.

The "class" - the plaintiffs - are defined as anybody who bought power
through the California Power Exchange last summer, but largely represents the
1.2 million customers of Sempra Energy unit (SRE) San Diego Gas & Electric
Co., according to the complaint.

The complaint alleges the defendants violated antitrust laws.

The plaintiffs allege that the generators named in the suit deliberately
withheld their power supply from the CalPX forward market, scheduled
unplanned power plant outages and congested transmission lines last summer in
an effort to drive up wholesale power prices.

Houston-based Reliant Energy Inc. (REI), operates five power plants in
California. Atlanta-based Southern Company (SO) operates six generation units
in the state; Houston-based Duke Energy (DUK) operates four power plants;
Houston-based Dynegy (DYN) operates eight power plants in California;
Arlington, Va.-based AES operates four, Tulsa, Okla.-based Williams Energy
operates three generation units and Minneapolis-based NRG operates eight
power plants.

In addition, the suit claims the California Independent System Operator,
manager of the state's high voltage transmission system, wrongfully supplied
the Western Systems Coordinating Council, an agency that manages electricity
reliability in the west, with real-time information about power plant outages
and electricity generating and capacity levels that was used by generators to
manipulate the market.

"Through the WSCC Internet web site, wholesale electricity market
participants ... were thereby given access to real-time data as to their
competitors' actions, although access to such data was forbidden by the ISO's
(rules)," the complaint states.

"Starting on or about May 22, 2000, defendants used such real-time data to
exercise market power, by among other things, reducing their (electricity)
output, strategically underbidding supply to the forward markets and
exporting electricity from the state in order to drive up" power prices, the
complaint further states.

The defendants weren't immediately available for comment.

-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
mailto:jason.leopold@dowjones.com

(END) Dow Jones Newswires 28-11-00

2358GMT


Here is the latest presentation on Teco.  It was presented to Dave Delainey
and others.  Let me know if you have any questions.
Ben


Start Date: 4/20/01; HourAhead hour: 3;  HourAhead schedule download failed.
Manual intervention required.


Hey, good to hear from you.  I figured as much about you being able to
attend.  It sounds like work is taken over your life.

No, I've not been keeping Mark on line, I am busy dating so I have not seem
him as much.

I'll keep in touch as long as you don't become a stranger! ;o)

Take care, Patricia


Mary,  Could you please prepare the form of CA for these entities.  Please
make them bilateral.  Also check with Kay Young for conflicts.  Let me know
if you have any questions.  Thanks for your help.

----- Forwarded by Gerald Nemec/HOU/ECT on 04/18/2001 05:37 PM -----

	Chris Hilgert/ENRON@enronXgate
	04/18/2001 08:39 AM

		 To: Chris Hilgert/ENRON@enronXgate, Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: RE: Energen Resources CA/Lewis Energy CA

Gerald,

Please use the following address for Lewis Energy instead:

Lewis Energy Group
10101 Reunion Place, Suite 300
San Antonio, TX  78216

Thanks,
Chris

 -----Original Message-----
From:  Hilgert, Chris
Sent: Tuesday, April 17, 2001 6:46 PM
To: Nemec, Gerald
Subject: Energen Resources CA/Lewis Energy CA

Gerald,

I need a couple of CAs.  First of all, I need a CA for Energen Resources with
the following information included:

Energen Resources Corporation
605 21st St.
North Birmingham, AL  35203-2707

Contact: John A. Wallace ) Sr. Vice President ) Methane

Topic: Enron Compression Services Deal concerning Energen,s Coal Bed Methane
Operations in the Black Warrior Basin in Alabama

Second of all, I need a CA for the Lewis Energy Group with the following
information included:

Lewis Energy Group
P.O. Box 180
Encinal, TX  78019

Contact: Rod Lewis - CEO

Topic: Enron Compression Services Deal concerning Lewis Energy Group,s Gas
Gathering and Gas Processing Arrangements in South Texas

I will send you the terms and conditions on the Project Chile Agreements
tonight.

Thanks,
Chris


Start Date: 4/27/01; HourAhead hour: 11;  HourAhead schedule download failed.
Manual intervention required.


dana,

i should have time this afternoon to help out.  when you get a change, just tell me.

 -----Original Message-----
From: 	Becton, Pam
Sent:	Wednesday, July 18, 2001 11:15 AM
To:	Doroteo, Rufino
Subject:	RE: Comp Day

 I would like for you and Dana to work on that archiving this week though.  Do you have some time this afternoon and/ or tomorrow and Friday morning?


FYI...

 -----Original Message-----
From: 	Puthigai, Savita
Sent:	Wednesday, August 22, 2001 10:36 AM
To:	Gossett, Jeffrey C.; Moorer, Torrey
Cc:	Reeves, Leslie; Hall, Bob M; Lees, Lisa
Subject:	RE:

These should work just like the broker deals . There will be an EOL report that will list the origination that needs to be picked up from the trading desk. We apologise for not letting you'll know before this was released. However no mid-marketers have been set up yet and are not likely to be set up or start trading for at least 10 days. We have a training session for Mid-Marketers in 27 C2 tomorrow 8/23/01 at 4p.m. to discuss the funs=ctionality. If it will help please feel free to attend or have one of your people attend. We can also set up a sparate meeting asap to discuss this. Thanks.

 -----Original Message-----
From: 	Gossett, Jeffrey C.
Sent:	Wednesday, August 22, 2001 10:09 AM
To:	Moorer, Torrey; Puthigai, Savita
Cc:	Reeves, Leslie; Hall, Bob M
Subject:

Mid Market Client - Mid market originators will now have the ability to transact on behalf of their customers, while including their desired margin on the trade, on EnronOnline products. In order to do so Click on the bid or offer price, a customised submission window will appear.  Select the counterparty for whom you wish to transact from a drop down list , enter the desired customer price and margin and click submit. For example if a customer wants to buy Nymex Sep 01 at 3.36 and you wish to have a 1 cent margin, please enter 3.36 as the desired price and 0.01 as the margin. The system will trade the order when the EnronOnline offer for Nymex Sep 01 is at 3.35, book the trade at 3.36 and record the 0.01 origination amount.

In order to be set up to use this functionality. Please call the EnronOnline Product Control Group.

It sure would be nice to know about these things in the future.  How is this going to work?  How will we pick up the orig?  As you know,  the system does not calculate orig.  What about the controls issues related to EOL confirms going out on originated deals?


Attached below is the CPUC's proposed decision in the Gas Industry
Restructuring proceeding.  Essentially, it adopts the Interim Proposal with a
few modifications.  The CPUC states that they are taking a "cautious"
approach to deregulation in light of recent market events in both electricity
and gas, and therefore, rejected the more robust reforms outlined in the
Comprehensive Settlement.  The CS was offered by SoCal Gas and supported by
many of the settlement parties, including Enron and Transwestern.

The good news is that, with respect to Hector Road, the maximum volume at
Hector is limited to 50 MMcf/d, similar to the proposal made by the
Comprehensive Settlement.  I've included the section from the PD that deals
with this issue for your convenience.  The full document is also attached.

excerpt at at page 50 regarding Hector Road:

(1) Receipt Points/ Intrastate Transmission
As we have already discussed above, we now judge that intrastate transmission
unbundling is not wise at this time for the SoCalGas system.  However,
SoCalGas, intrastate transmission system can still be made more accessible
and understandable to its users.
In R. 98-01-011, the record reflects dissatisfaction among customers and
shippers with the lack of clarity on how SoCalGas schedules gas shipments
through its windowing system, and SoCalGas, sole use of the Hector Road
interconnection as a receipt point. (Exh. 8 in R. 98-01-011, pp. 29-31
(Southern California Edison Company Market Conditions Report), (Panel Hearing
Testimony of  Mr. Paul Carpenter, Southern California Edison, Tr. pp.
931-932, Jan 25, 1999).) Our decision in D. 99-07-015 directed investigation
into using the Hector Road interconnection, even on an interim basis, and the
publication of SoCalGas, windowing criteria in tariffs.  SoCalGas filed
Advice Letter 2837, which detailed its process of basing a maximum amount of
gas scheduled for shipment through a receipt point on the prior day,s
nominations, except at the first of the month.  Early in the instant
proceeding, the ALJ held in abeyance active consideration of the windowing
procedure tariff SoCalGas filed, pending the resolution we reach today.
(Prehearing Conference of September 1, 1999, p. 34.)
We are approving on an interim basis the replacement of the current windowing
process with a system under which SoCalGas will establish receipt point
capacities, subject to daily revision, on the basis of the physical maximums
for each receipt point under the operating conditions expected for that day.
Customers and shippers will know the daily maximums because they will be
posted on SoCalGas, GasSelect system daily prior to the nomination
deadlines.  If, in the aggregate, customers nominate more than the physical
capacity at any receipt point, gas will be scheduled based on the upstream
pipeline,s capacity rights system.  For Wheeler Ridge, at which more than one
upstream pipeline delivers gas, the maximum daily physical capacity would be
allocated between upstream sources pro rata on the basis of the prior day,s
scheduled deliveries from each source.
This system eliminates the mystery in how pro-rations are made, provides
continuity in capacity rights between the interstate and intrastate systems
and provides flexibility for customers in nominating at the most
cost-effective receipt point on any given day.  We recognize that it does not
provide for long-term planning, but the alternative under the CS of paid-for
firm receipt point rights for the term of the settlement has the disadvantage
of locking customers into a receipt point that may lose value over the term.
In this period of gas price volatility, we believe that the more flexible
plan is the right one.
Thus, we direct SoCalGas to withdraw Advice Letter 2837 and file a new advice
letter within 10 business days implementing the proposed receipt point
physical capacity system.  This may be the same as the exemplary tariff filed
with the IS or updated as necessary pursuant to subsequent proceedings.  This
tariff revision will be effective within 30 days after the filing unless
rejected by the Energy Division.
In R.98-01-011, PG&E and Edison particularly complained about the
restrictions at Wheeler Ridge. (Exh. 15 in R. 98-01-11, pp. 7-9 (PG&E
Rebuttal to Market Conditions Report), and Exh.8 in R. 98-01-011, pp. 29-31,
(Southern California Edison, Market Conditions Report).) One response in the
IS to these complaints is the establishment of a formal receipt point at
Hector Road for all customers, subject to Wheeler Ridge access fees and
surcharges.  Its capacity will be 50 MMcfd or greater as long as there are
nominations of that volume and Mojave Pipeline Company delivers that much in
response to those nominations.  This provision should allow greater
flexibility for shippers and customers as well as leveling the playing field
between SoCalGas and others at this interconnection.  We will support
SoCalGas, application to the Federal Energy Regulatory Commission for
approval of Hector Road as a formal delivery point by Mojave.
El Paso Natural Gas Company objected strongly to the provision in the IS for
automatically expanding of Wheeler Ridge capacity  While this was not an
option specifically mentioned in D.99-07-015, we do not choose to stand on
that technicality to exclude it from consideration here.  Once a proceeding
is open to settlement, the dynamics of settlement talks may bring in matters
outside the delineated scope, as they have done here with regard to Wheeler
Ridge expansion and, for instance, pooling.  Both proposals respond to
concerns raised in R.98-01-011, (see citations in text above as well as Panel
Hearing Testimony of Mr. Benjamin C. Campbell, PG&E, Tr. pp. 267-268, Jan 19,
1999)) and neither was specifically excluded from further consideration in
D.99-07-015.  We therefore view them as within the scope of this proceeding.
To the extent that other receipt points are also viewed as constrained, we
welcome evidence to that effect in a future proceeding, as well as proposals
for criteria to determine when expansion should be applied for.  by 100MMcfd
if a certain number of curtailments occurred, and for automatically allowing
the expenses of that expansion to be rolled into rates.  We do not wish to
approve automatic rate increases for all ratepayers for a facility for which
only some may have use, but we believe that developing criteria for expansion
of receipt points is useful.  Hector Road may not entirely alleviate the
problem of constraints on northern gas flowing to the south.
Therefore, we approve that portion of Section III of the IS that sets forth
criteria for expansion, but provide that upon the meeting of that criteria,
SoCalGas shall submit an application for an expansion of the receipt point
capacity.  That application shall be processed in the regular way, with the
issues of need in the context of the entire system and foreseeable market
conditions considered.  Moreover,  rolled-in or incremental rates, allocation
of cost among classes and consequent rate design will remain open for
decision in that proceeding.
Thus, the modification to the IS that we make is in the first sentence of the
first full paragraph on page 8.  The words &apply to8 should be inserted
after &SoCalGas will8.  We specifically disapprove the IS language in the
middle on page 8 beginning with the words &This Settlement8 through the end
of the paragraph, and the concomitant language in Appendix A setting the cost
at $12 million in 1999 dollars.
---------------------- Forwarded by Jeffery Fawcett/ET&S/Enron on 11/27/2000
08:45 AM ---------------------------
From: Jeff Dasovich on 11/22/2000 06:28 PM
Sent by: Jeff Dasovich
To: Jeffery Fawcett/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Bad Proposed Decision

Well, this shows the direction in which the "new" Commission is heading.  The
very good news, though, is that  TW's proposal was included in both
settlements (now that's hedging!).  Thus,  the benefits to TW were preserved
under both proposals.  Congratulations.  That's fantastic--hard work that
paid off.

We will of course express out extreme dissappointment with the PD, and point
out that this decision condemns California to a 20th century infrastructure,
when the state's 21st century economy demands much, much better.

We should discuss.  Since the PD empowers the likes of Norm and Florio, it
will be important to play very close attention to implementation of Hector.

Sorry to have to be the one to deliver the news.   But we have a knack of
making lemonade out of lemons and we'll do out best to do the same here,
whatever turns up at the end.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 11/22/2000 05:53 PM -----

	Michael.Alexander@sce.com
	11/22/2000 05:27 PM

		 To: Paul_Amirault%SCE@sce.com, tomb@crossborderenergy.com, burkee@cts.com,
craigc@calpine.com, rick.counihan@greenmountain.com, jdasovic@enron.com,
MDay@GMSSR.com, Douglas.Porter@sce.com
		 cc: Colin.Cushnie@sce.com, INGGM@sce.com
		 Subject:

The PD in the Gas Restructuring is out.   I have yet to read the whole
thing, but the title "Approval With Modifications Of The Interim
Settlement..." does not bode well.  According to Steve Watson (and I only
have Steve's statement second hand), the decision reflects a fear that the
timing is wrong in light of the current volatile gas price market.

(See attached file: Proposed.doc)

--
Michael S. Alexander
Southern California Edison
626-302-2029
626-302-3254 (fax)

 - Proposed.doc


Attached is the Global Contracts Assignment, Termination and Exploration
Report for May 2000. This report is very long this month due to clean-up of
CES data. If you have any questions please call me at 3-5686 or email me.

Also if you do not wish to receive this report any longer please inform me
and I will remove your name from the list.

Thanks


I didn't see your name on the list - do you have direct deposit or was it a
check?

   Kate Symes                01/03/2001 11:10 AM

To: Amy FitzPatrick/PDX/ECT@ECT
cc:
Subject: 12/31 Paycheck

My paycheck doesn't seem to be anywhere around here. Could you let me know if
my name was on the list of missing paychecks for the end of last month? Kathy
Axford said she gave you such a list on 12/30.

Thanks,
Kate


for your review and approval.  I have your signature on this one.
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/25/2001 10:02
AM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/25/2001 09:44:16 AM
To: "'gregorylang@paulhastings.com'" <gregorylang@paulhastings.com>,
"'iparker@freshfields.com'" <iparker@freshfields.com>,
"'rvicens@deltapower.com'" <rvicens@deltapower.com>,
"'estelle.a.lawrence@citi.com'" <estelle.a.lawrence@citi.com>
cc: "'kay.mann@enron.com'" <kay.mann@enron.com>, "'stephen.thome@enron.com'"
<stephen.thome@enron.com>

Subject: Final Escrow Agreement is Really Attached this Time

 <<2XQG06!.DOC>>

Ladies and Gentlemen:

The final escrow agreement is attached.  Thanks.

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

Enclosure:  137032v6

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

 - 2XQG06!.DOC


Mike no longer writes actual tickets.  Confirms can find the information in
the following location:

O:\_Dropbox\NYMEXDaysTrades\GDWest\BrokerTradeTickets\mmddyygdwest.xls

All of Mike's tickets deals can be found in this same location on a daily
basis.

	From:  Jennifer Blay                           04/18/2000 03:26 PM

To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Deal Tickets

Hey...

I do not have deal tickets for deals NE8581 and NE8175.  These are from April
13 and we want to send confirms ASAP.

Let me know
Thanks a bunch!!!
Jennifer
5-7678


yes....good idea


Can we schedule a short call on Tuesday to discuss the local Argentine
derivatives issue?  I am not free at 10 - 11 am or after 2:30 pm. Houston.
Also, have you been able to confirm whether Don is the man in charge in
Brazil?  Sara


FYI
---------------------- Forwarded by James Derrick/Corp/Enron on 12/06/2000
07:14 PM ---------------------------
From: Charles Cheek on 12/06/2000 03:19 PM
To: Vicki Sharp/HOU/EES@EES
cc: James Derrick/Corp/Enron@ENRON

Subject: Service of Process

I understand that outside counsel selection is moving forward, but I wanted
you and Jim to know that we would be pleased to assist you and outside
counsel.

For example, through the San Juan Gas litigation, we have developed and have
in place the systems and personnel to manage massive document productions,
extensive pleadings files and indices, and plaintiff databases. These systems
have scanning, spreadsheet  and report capabilities. If any or all of these
tools could be of benefit to your team, please let me know.
----- Forwarded by Charles Cheek/Corp/Enron on 12/06/2000 03:04 PM -----

	Gay Arnold
	12/06/2000 02:34 PM

		 To: Vicki Sharp/HOU/EES@EES
		 cc: Charles Cheek/Corp/Enron@ENRON
		 Subject: Service of Process

The following documents, received today by courier from CT Corp., have been
forwarded for your immediate review and consideration:

  Case No. GIC758565 ) Ruth Hendricks, et al. vs. Dynergy Power Marketing,
Inc., et al., including Enron Energy Services, Inc., Superior Court of
California, County of San Diego - Summons, Class Action Complaint, Civil Case
Cover Sheet, Notice of Case Assignment, Notice to Litigants; Service on Enron
Energy Services, Inc. (Enron Power Marketing, Inc. is being served
concurrently on this matter also)

IF YOU DO NOT RECEIVE THEM WITHIN 1 BUSINESS DAY, PLEASE ADVISE.


SHirley,

Can you, please, contact her regarding the time of the meeting?

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/31/2000
11:50 AM ---------------------------

"Faiz, Soussan" <faizs@texaco.com> on 03/30/2000 02:31:18 PM
To: "'vkamins@enron.com'" <vkamins@enron.com>
cc:
Subject: Houston visit

Dear Vince,

Greetings from NY & hope all is well.  As you may recall from the ROG real
options conference in NY, I'd indicated the opportunity to visit with you
next time I'm in Houston.  I'll be there during 4/18-4/21 & wonder if we can
pls meet on Wed. 4/19 in your offices.  Would appreciate it if you can pls
let me know whether you're available then (I'm flexible on the schedule
particulars).  If not, pls let me know whether 4/18 (afternoon), 4/20
(afternoon), or 4/21 (morning) will work for you.

I really look forward to the opportunity & would appreciate to learn more
about how you've instigated the real options thinking in Enron and
especially its integration within the organizational & incentive matters.

Many thanks,
Soussan Faiz
Mgr. of Global Valuation Services
Texaco Inc.
(914) 253-4187


----- Forwarded by Mark Taylor/HOU/ECT on 11/30/2000 10:08 AM -----

	SULLIVAN&CROMWELL@sullcrom.com
	11/28/2000 04:55 PM

		 To: Mark.Taylor@enron.com
		 cc:
		 Subject: S&C Memo Re: Commodity Futures Trading Commission: Final Rulemaking
for a New Regulatory

Re: Commodity Futures Trading Commission: Final Rulemaking for a New
Regulatory Framework for Multilaeral Transaction Execution Facilities,
Intermediaries and Clearing Organizations

                     Attached is a memorandum from Sullivan & Cromwell
concerning the above subject. A summary is also included at the end of
the text of this e-mail message.

                    The attached file is in Adobe Acrobat
format.  We believe most PCs will already have an Acrobat viewer
loaded; we can provide free copies if Acrobat is not already loaded,
and free copies can also be downloaded from the Adobe Acrobat web
site at www.adobe.com.  To view or print the memo use your e-mail
system's function for opening attachments in their native format.
Hard copies can be obtained from Ivy Moreno at S&C in New York,
telephone 212-558-3448, e-mail: Morenoi@sullcrom.com.

SUMMARY

                      On November 22, 2000, the Commodity Futures Trading
Commission ("CTFC")approved four releases setting out final rules for
regulatory reform (the "Final Rules").  The Final Rules largely follow
the proposed rules issued by the Commission on June 8, 2000.*
The Final Rules are to be effective 60 days after their publication in
the Federal Register.

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

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

 - CMS10713.pdf


Start Date: 4/28/01; HourAhead hour: 16;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042816.txt


A conference call has been scheduled for Friday, October 19 @ 4:00 PM (CDT) regarding the above subject.  Please make note of the dial-in information below:

Number:	1-877-660-6591
		Participant Code 558191

Thanks!

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


Mark Haedicke just got back today.  I'm sure he's been putting out fires this
morning and Janette will get back to me as soon as she has a change to chat
w/him.

	Holly Keiser@ENRON_DEVELOPMENT
	01/25/2001 10:22 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Carol St Clair/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
		 Subject: Re: ISDA Opinions

Were you able to locate the number?

From: Tana Jones@ECT on 01/24/2001 03:32 PM
To: Carol St Clair/HOU/ECT@ECT
cc: Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara
Shackleton/HOU/ECT@ECT

Subject: Re: ISDA Opinions

We believe the password would have been sent to Mark Haedicke.  He will be
back in the office tomorrow and Janette will try and locate it for us when he
gets in.

	Carol St Clair
	01/24/2001 03:14 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara
Shackleton/HOU/ECT@ECT
		 Subject: ISDA Opinions

Tana:
Last week Mark circulated a memo concerning the new ISDA Opinions that are
now available on the ISDA website until the end of January.  Can you find out
what our ID and Password are so we can access them?  Given Mark's illness,
I'm not confident that this is something that he will be able to look into
before the deadline.

.Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


By the way, I was talking to my friend and colleague Rose, and she tells me
that the company has hired a car to take Rose, another person and me home on
Thursday after the big party.  Nice touch, huh?  We all live close to each
other.

ckm

"Neil Mann" <nmann@erac.com> on 02/06/2001 03:04:28 PM
Please respond to <nmann@erac.com>
To: <Kay.Mann@enron.com>
cc:

Subject: RE: CONGRATULATIONS

I'm going there in April! Would you and Michael like to join me?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, February 06, 2001 2:13 PM
To: nmann@erac.com
Subject: Re: CONGRATULATIONS

Go to DisneyWorld?

Just kidding.

I don't know.  Maybe order some clothes.

Kay

"Neil Mann" <nmann@erac.com> on 02/06/2001 02:37:04 PM

Please respond to <nmann@erac.com>

To:   "C. Kay Mann (E-mail)" <Kay.Mann@Enron.com>
cc:

Subject:  CONGRATULATIONS

Congratulations!!
$32,175.00 Has been deposited into the S/W account. What would you like to
do?
NM


Hi Larry,

Just wanted to let you know that your title V permit mods for Leupp and
Klagetoh have been signed, and will be mailed today or tomorrow.  You
can legally commence construction now.

Note my new phone number.

Roger Kohn
USEPA - Air Division (AIR-3)
75 Hawthorne Street
San Francisco, CA  94105-3901
Phone 415-972-3973
Fax:  415-947-3579