Chris-
We agree with your calculation for the reconciliation for the year 2000 with
a net amount due Enron of $187,351.39.  Per our agreement, we will short pay
the April 2001 demand charge invoice (inv # 01040001)by this amount.  The net
amount we will pay on this invoice is as follows:
 Amount due on Apr '01 Dem Charge $1,914,760.56
 Credit from 2000 Reconciliation  <$187,351.39>
 Net due April 17, 2001   $1,727,409.17

You can send us the actual credit invoice for our records next week when you
get back.

Thanks and regards,
Dan Masters

"Chris Skinner" <grampus@mail.sunbeach.net> on 04/09/2001 02:00:37 PM
To: <Dan.Masters@enron.com>
cc:
Subject: RE: 2001 reconcilation

Dan

I had faxed the Caleb Brett report to Dustin on February 15th, if you need
another copy please let me know
Regards
Chris

-----Original Message-----
From: Chris Skinner [mailto:grampus@mail.sunbeach.net]
Sent: Monday, April 09, 2001 2:20 PM
To: Dan.Masters@enron.com
Subject: FW: 2001 reconcilation

Dan
My apologies, but as the email was from Dustin I sent it to him.
Regards
Chris

-----Original Message-----
From: Chris Skinner [mailto:grampus@mail.sunbeach.net]
Sent: Monday, April 09, 2001 1:51 PM
To: Dustin. Collins
Subject: FW: 2001 reconcilation

Dustin
Here is the last email I have.
The difference with regards to the shipment on 13-14th September., is that
the figure you were using(2,630,718mmbtus) was calculated using the disport
analysis, instead of the load port analysis which is how all of the other
reports are calculated. I will fax you a copy of the  report.

Regards
Chris

-----Original Message-----
From: Dustin.Collins@enron.com [mailto:Dustin.Collins@enron.com]
Sent: Wednesday, February 14, 2001 4:27 PM
To: grampus@sunbeach.net
Cc: dustin.collins@enron.com; Todd.Peterson@enron.com;
radamiak@cabotlng.com; jmichalek@cabotlng.com; Dan.Masters@enron.com;
Paul.Y'Barbo@enron.com
Subject: Re: 2001 reconcilation

 << File: Reconciliation 2000.xls >>  << File: 2001 Annual
Reconciliation.xls >>
Chris,

I have reviewed your reconciliation spreadsheet and have discovered a
discrepapancy  regarding the "Matthew" delivery on September 14, 2000.  It
appears that a volume, other than the discharge volume, is being applied to
calculate the average heating value.  My calculations show that the average
heating value for this Setpember 14 delivery should be 22.47, as opposed to
22.61.
Despite this one discrepancy, we match perfectly.
I have attached my reconciliation spreadsheet below for your convenience.
I show that Cabot owes EcoElectrica $209,472.88.
Please review and let me know if you are in agreement.
Regards,

Dustin Collins

(See attached file: Reconciliation 2000.xls)

"Chris Skinner" <grampus@sunbeach.net> on 02/13/2001 03:04:52 PM
To: <dustin.collins@enron.com>, "Todd. Peterson"
 <Todd.Peterson@enron.com>
cc: "Rudy Adamiak" <radamiak@cabotlng.com>, "Jane Michalek"
 <jmichalek@cabotlng.com>
Subject: 2001 reconcilation

Todd
Attached herewith is the 2001 reconciliation which is in draft.
Please review and let me have your comments
Best regards
Chris Skinner
General manger
Cabot Trading LNG

(See attached file: 2001 Annual Reconciliation.xls)


-----Original Message-----
From:  Kenne, Dawn C.
Sent: Monday, April 23, 2001 4:23 PM
To: Gossett, Jeffrey; Denny, Jennifer; Moorer, Torrey
Cc: Sweitzer, Tara
Subject: Gas Daily Deals


---------------------- Forwarded by Darron C Giron/HOU/ECT on 11/27/2000
02:39 PM ---------------------------

Stacey Vallejo
11/27/2000 12:46 PM
To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: FT-West deal that needs to be moved to FT-US/CAND-ERMS book

Hi Darron,

There's a deal in the FT-West book that needs to be moved to the
FT-US/CAND-ERMS book right away.

Q90611.1

Please let me know if you have any questions on this.

Thanks
Stacey


AGENT JH/SS BOOKING REF
ZDJU5U

                                          KEAVEY/PETER

  ENRON
  1400 SMITH
  HOUSTON TX 77002
  PETE X37277

  DATE:  MAY 11 2001                   ENRON

SERVICE               DATE  FROM           TO             DEPART
ARRIVE

CONTINENTAL AIRLINES  03AUG HOUSTON TX     NEW YORK NY    115P    559P
CO 1970    V          FRI   G.BUSH INTERCO LA GUARDIA
                            TERMINAL C     TERMINAL M
                            SNACK                         NON STOP
                            RESERVATION CONFIRMED         3:44 DURATION
                  AIRCRAFT: BOEING 737-300
                            SEAT 06C NO SMOKING CONFIRMED KEAVEY/PETER

CONTINENTAL AIRLINES  13AUG NEW YORK NY    HOUSTON TX     259P    558P
CO 1975    V          MON   LA GUARDIA     G.BUSH INTERCO
                            TERMINAL M     TERMINAL C
                            SNACK                         NON STOP
                            RESERVATION CONFIRMED         3:59 DURATION
                  AIRCRAFT: BOEING 737-300
                            SEAT 06C NO SMOKING CONFIRMED KEAVEY/PETER

      AIR FARE 241.86       TAX 26.64           TOTAL USD
268.50

                                        INVOICE TOTAL USD
268.50

PAYMENT: CCCA5490850070001643/1101/A011782

RESERVATION NUMBER(S)  CO/MVYLGL

KEAVEY/PETER                             TICKET:CO/ETKT 005 7028381410

CO  FREQUENT FLYER COWH845429
**CONTINENTAL RECORD LOCATOR: MVYLGL
THIS IS A TICKETLESS RESERVATION. PLEASE HAVE A
ICTURE ID AVAILABLE AT THE AIRPORT. THANK YOU
***********************************************
NON-REFUNDABLE TKT MINIMUM $100.00 CHANGE FEE
                  THANK YOU FOR CALLING VITOL TRAVEL

__________________________________________________
Do You Yahoo!?
Yahoo! Auctions - buy the things you want at great prices
http://auctions.yahoo.com/


Kay:
?
Attached is a? copy of the proposal  with my revisions--my changes and
deletions are shown in blue.? I had  indicated in our telephone conference
that I was expecting you to make the  changes we discussed but that I was to
furnish you language in a couple of  instances.? Instead I made changes in
all instances that we  discussed.? In addition, Marvin and Bob Priest asked
me to make three  changes--these include deleting the "breakup" fee of
$50,000, deleting the 95%  guaranteed availability and adding "best efforts"
obligation language, and  adding language acknowledging that the monthly
guaranteed fee would satisfy  Enron's costs for software and hardware.?
Please let me know if the changes  are satisfactory.
?
I apologize for the delay--but I had to get  my client's O.K. on these
matters.
?
I also was talking to Wilson Montjoy on  another matter and told him I did
not consider it a conflict for him to  represent Enron on this matter.? He is
a good lawyer.
?
I hope your father's surgery turns out  well--I know how tense and edgy
family members can be until they are told  everything has gone O.K.
David R. Hunt
?
?
?
This message from the law firm of Hunt & Ross, P. A.  may?contain
confidential?or privileged?information.? If you  received this transmission
in error, please call us immediately at (662)  627-5251 or contact us by
E-mail at huntross@watervalley.net.?  Disclosure or use of any part of this
message by persons other than the intended  recipient is prohibited.
?
 - DRH revised Enron Asset management proposal 3-18-01.doc


Sally,

I forgot to attach the list of students coming to NAPE.

Let me know if you have trouble opening it.

Have a good weekend.

Ted K. Jacobs
Director of Energy Management
The University of Oklahoma
307 West Brooks Room 218
Norman, OK 73019-4007
(405) 325-0758
(405) 325-2096 fax
E-mail: tjacobs@ou.edu
Website: www.ou.edu/business/em

 - C.DTF


In connection with the ISDA negotiations, PG&E is insisting on revising our
"Limitation of Liability" language"

"...PROVIDED, HOWEVER,THAT NOTHING IN THIS PROVISION SHALL AFFECT THE
ENFORCEABILITY OF SECTION 6(e) OF THIS AGREEMENT with respect to incidental
damages."

PG&E claims that it will never be responsible for consequential damages and
that certain elements of "Loss" comprise consequential damages (PG&E always
agrees to "Market Quotation").
Have you ever prepared a list of the "Loss" components?
Can you assess before I go to Haedicke (or is this a non-starter)?
Thanks.  Sara


Beth Cherry
___________
Sr. Creative Consultant
EnFORM Technology
713.350.1860

-----Original Message-----
From: Cherry, Veronica [mailto:veronica.cherry@awc-inc.com]
Sent: Thursday, September 13, 20019:00 AM
To: Belinda & Ron Brewton (E-mail); Beth Cherry (E-mail); Delores Weatherly (E-mail); Holly Elkins (E-mail); Jonda Wilkerson (E-mail); Travis Cherry (E-mail); Vanessa Cherry (E-mail)
Subject: FW: We'll go forward from this moment.....

-----Original Message-----
From: Pyke, Sabrina
Sent: Thursday, September 13, 2001 7:47 AM
To: AWC - ALL
Subject: We'll go forward from this moment.....
This was published Wednesday in the Miami Herald by Leonard Pitts and I think it is worth passing along.

It's my job to have something to say.
They pay me to provide words that help make sense of that which troubles the American soul. But in this moment of airless shock when hot tears sting disbelieving eyes, the only thing I can find to say, the only words that seem to fit, must be addressed to the unknown author of this suffering.
You monster. You beast. You unspeakable bastard.
What lesson did you hope to teach us by your coward's attack on our WorldTradeCenter, our Pentagon, us? What was it you hoped we would learn? Whatever it was, please know that you failed.
Did you want us to respect your cause? You just damned your cause.
Did you want to make us fear? You just steeled our resolve.
Did you want to tear us apart? You just brought us together.
Let me tell you about my people. We are a vast and quarrelsome family, a family rent by racial, social, political and class division, but a family nonetheless. We're frivolous, yes, capable of expending tremendous emotional energy on pop cultural minutiae -- a singer's revealing dress, a ball team's misfortune, a cartoon mouse. We're wealthy, too, spoiled by the ready availability of trinkets and material goods, and maybe because of that, we walk through life with a certain sense of blithe entitlement. We are fundamentally decent, though -- peace-loving and compassionate. We struggle to know the right thing and to do it. And we are, the overwhelming majority of us, people of faith, believers in a just and loving God.
Some people -- you, perhaps -- think that any or all of this makes us weak. You're mistaken. We are not weak. Indeed, we are strong in ways that cannot be measured by arsenals.
IN PAIN
Yes, we're in pain now. We are in mourning and we are in shock. We're still grappling with the unreality of the awful thing you did, still working to make ourselves understand that this isn't a special effect from some Hollywood blockbuster, isn't the plot development from a Tom Clancy novel. Both in terms of the awful scope of their ambition and the probable final death toll, your attacks are likely to go down as the worst acts of terrorism in the history of the United Statesand, probably, the history of the world. You've bloodied us as we have never been bloodied before.
But there's a gulf of difference between making us bloody and making us fall. This is the lesson Japan was taught to its bitter sorrow the last time anyone hit us this hard, the last time anyone brought us such abrupt and monumental pain. When roused, we are righteous in our outrage, terrible in our force. When provoked by this level of barbarism, we will bear any suffering, pay any cost, go to any length, in the pursuit of justice.
I tell you this without fear of contradiction. I know my people, as you, I think, do not. What I know reassures me. It also causes me to tremble with dread of the future.
In the days to come, there will be recrimination and accusation, fingers pointing to determine whose failure allowed this to happen and what can be done to prevent it from happening again. There will be heightened security, misguided talk of revoking basic freedoms. We'll go forward from this moment sobered, chastened, sad. But determined, too. Unimaginably determined.
THE STEEL IN US
You see, the steel in us is not always readily apparent. That aspect of our character is seldom understood by people who don't know us well. On this day, the family's bickering is put on hold.
As Americans we will weep, as Americans we will mourn, and as Americans, we will rise in defense of all that we cherish.
So I ask again: What was it you hoped to teach us? It occurs to me that maybe you just wanted us to know the depths of your hatred. If that's the case, consider the message received. And take this message in exchange: You don't know my people. You don't know what we're capable of. You don't know what you just started.
But you're about to learn.
Sabrina Pyke
AWC, Incorporated
Integrated Supply Division
(713) 944-2100sabrina.pyke@awc-inc.com


Start Date: 4/25/01; HourAhead hour: 6;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042506.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 6 / Preferred: -575.00 / Final: -574.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/25/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


I'll be over at Stoel Rives today, working with Pam Jacklin (for PacifiCorp)
on the RTO West Tariff.


roundtable meeting.

 -----Original Message-----
From: 	Black, Tamara Jae
Sent:	Monday, October 08, 2001 8:20 AM
To:	Presto, Kevin M.
Subject:	FW: Tuesday meetings

Kevin,

What meeting is this that Harry is talking about?

Thanks Tjae

 -----Original Message-----
From: 	Arora, Harry
Sent:	Wednesday, October 03, 2001 6:11 PM
To:	Black, Tamara Jae
Subject:	Tuesday meetings

TJae

Can you put me on the Tuesday "traders meeting".  I spoke to Kevin and he suggested I come to those meetings.

Thanks

Harry


I still need the contact name, phone number and address for the ENA contact
and a name for the the letter for them to contact with questions.  These were
questions 3 and 4 on the original list from Sandi.

Thanks.

Bob.

	Daren J Farmer
	09/29/2000 09:36 AM

		 To: Sandi M Braband/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Garrick
Hill/HOU/ECT@ECT, Brian Vass/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron,
Charles Ward/Corp/Enron@ENRON, Dan Lyons/HOU/ECT@ECT, John King/HOU/ECT@ECT
		 cc:
		 Subject: Cornhusker Contact Information

Please see below.

D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 09/29/2000
09:30 AM ---------------------------

Mark McCoy@ENRON
09/29/2000 08:56 AM
To: Daren J Farmer/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Stacey
Neuweiler/HOU/ECT@ECT
cc:
Subject: Cornhusker Contact Information

Lone Star Pipeline
Lisa McAuliff (Contracts)  Wilma Easter (Scheduling)
phone:  214-875-5224  phone: 214-875-3296
fax: 214-875-5134  fax: 214-875-3810

301 S. Harwood #801N
Dallas, TX 75201

Williams Energy
Jeff Goforth
phone: 918-573-8125
fax: 918-573-1530

PO Box 2848
Tulsa, OK 74101

Cinergy Marketing & Trading (Agent for Apache)
Lisa Hughes
phone: 281-583-6279
fax: 281-583-4353

616 FM 1960 W #800
Houston, TX 77090

(Note:  Cinergy will be moving downtown next month)

White Pine Energy, LLC
Michael Mazowita-Director of Asset Mgmt
phone:  248-442-4823
fax: 248-477-5729
cell: 248-345-4002

19436 Auburndale Street
Livonia, MI 48152


Bob says this deal is on SP-15. Let me know if Amerex still disputes.

Thanks,
Kate

Evelyn Metoyer@ENRON
12/06/2000 03:02 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 12-6-00 checkout con't

Bob Badeer
deal 475411
Amerex shows location as NP-15 we show SP-15


I'm trying to get ahold of Jeff Richter on this, but without the brokers
around we probably can't get it done tonight. I would just say we have a
discrepancy with the broker at this point. Let me know if that's okay.

Thanks,
Kate

Kerri Thompson@ENRON
03/20/2001 02:28 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb checkout

554905
broker has 350.00

554912
broker has 325.00

thanks!


---------------------- Forwarded by Kay Mann/Corp/Enron on 06/02/2000 02:09
PM ---------------------------

Brian D Barto@ENRON_DEVELOPMENT
06/02/2000 01:28 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Enron Monterrey/Vitro

Jeff and Reynaldo Garcia spoke on this subject at length, and Rey convinced
Jeff that spitting was necessary.  AT that time the Enron Contracting entity
was not specified to be Energia...    If you want to unsplit the documents it
will add additional time in excess geting a consolidation agreement completed
I think.  Please include Rey in your quest for closure.  PS  GE is now OK
with the split.

I need help getting closure on the Consolidation Agreement.  I hope that we
do not invent other issues as well.


Tonight will be our first study group.

WHAT: Pizza, Macro and some Financial Accounting

WHERE:  We will be meeting at Aaron's Office located at 555 California
Street (The big brown Bank of America building at the corner of Kearney and
California).  His office is on the 30th floor and his phone number is
415-263-3320.  Take the elevator up to the 30th floor and let the front desk
know that you are looking for him in the Large Conference Room.  His
extension is 3320

WHEN: 6-8

WHO: Whoever replies to this e-mail so Aaron can let his security know

Sorry for the short notice.  I will be giving more notice in the future.

If you are not sure, please respond so we can get you in if you decide to
come.

See ya tonight!


Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 06/05/2001 03:32 PM -----

	morisjr@selectenergy.com
	06/05/2001 03:16 PM

		 To: Carol.St.Clair@enron.com
		 cc: lemelpe@NU.COM, sassima@selectenergy.com, leporjj@selectenergy.com,
geoghjw@NU.COM
		 Subject: Enron / Select ISDA and EEI Master Agreement

Carol,  Were done.  We have completed our review of Attachment A and are in
agreement with the transactions represented.  Please have the documents
executed and forward the originals to me for execution by Select.  Thank
you for your assistance in getting this to completion.  John

Please send the documents to:

   Select Energy, Inc.
   107 Selden Street
   Berlin, CT  06037
   Attn:  John Morissette


By popular vote, we will not redraw.  Our draft will take place, this Sunday
at 11:45 am at BW-3 in Rice Village.


----- Forwarded by Sarah Novosel/Corp/Enron on 07/05/2001 02:36 PM -----

	Nancy Bagot
	07/05/2001 10:00 AM

		 To: Ray Alvarez/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Donna
Fulton/Corp/Enron@ENRON
		 cc:
		 Subject: Report: CA Energy Crisis Overshadows Success Of PJM

NGI's Daily Gas Price Index
published : July 3, 2001
Report: CA Energy Crisis Overshadows Success Of PJM
While some may argue that California's energy woes offer a prime reason for
placing the electric competition genie firmly back in its bottle, a recent
case study by a global consulting group asserts that California's energy
difficulties mask the fact that other power markets in the United States are
not only surviving, but thriving, with the PJM market serving as the perfect
example.
The report by PA Consulting, "PJM - Electric Power Competition That Works,"
notes that in the wake of California's energy crisis, the future of electric
power restructuring and deregulation in the United States is increasingly
being called into question. The growing national debate over the fate of
electric power restructuring is couched more and more in stark terms of "to
be, or not to be." But PA Consulting argues that this "simplistic debate"
presents the nation with the choice of either pushing ahead with
restructuring and potentially facing California-like difficulties in other
parts of the country or reverting back to a more intrusive,
command-and-control regulatory system.
In PA Consulting's view, limiting the national debate to these two extremes
ignores the fact that California is not the typical model for competitive
wholesale electricity markets. "Indeed, there are several competitive
wholesale markets at work in the United States that differ significantly from
California's in both structure and results." One of the most "dynamic, robust
and successful" of these other regional wholesale electricity markets is the
Pennsylvania-New Jersey-Maryland (PJM) market in the mid-Atlantic region, the
study asserts. "Understanding why the PJM model has succeeded in many areas
where the California model has failed may provide regulators, legislators and
other interested groups with a powerful reference point in the growing debate
concerning whether continued market reform in the electric power industry is
in our future."
The report notes that PJM offers an interesting example for a competitive
market case study because it is similar in size to the California market and
has a longer track record of spot market operations. While there are
similarities in market size and spot market longevity, significant
differences exist between PJM and California in terms of regulatory
jurisdiction and market composition, according to PA Consulting.
More specifically, the study points out that in terms of regulatory
authority, the PJM market -- unlike California's -- overlaps the jurisdiction
of five states and the District of Columbia. In some ways, the multiple
regulatory jurisdictions within PJM have allowed the market and market
operator to remain largely independent of any one regulatory authority. In
contrast, single-state markets such as California and New York have state
regulators and legislatures that wield considerable influence and a stronger
sense of ownership of the market and its actions, the study adds. Some have
argued that this control has been exerted to the detriment of market function
and independence, while FERC has been troubled by single-state control, the
study went on to say.
By way of comparison, the PJM experience illustrates that, in a market
operating across multiple jurisdictions, no single state can dictate
conditions. In such an environment, the wholesale market will be regulated
primarily by the Federal Energy Regulatory Commission, reducing the influence
of state politics and allowing the market to adopt a broader regional
perspective, the study notes.
"This case study provides a powerful counterpoint to those who would like to
turn back the clock on electric power competition," said Phillip Harris, CEO
of PJM. "Our market model provides a blueprint for a working competitive
marketplace that has been refined during four years of successful operation."
PA Consulting is a leading global management, systems and technology
consulting firm. A copy of the full report can be downloaded at PA
Consulting's web site at www.paconsulting.com.


Everybody,

Tanya suggested I ask all of you if you know anything related to a hotline
call I took yesterday afternoon.  I got a call from John Arnold who wanted to
know who was working on getting an ISDA in place with a subsidiary of
Citibank. He thought it was a hedge fund, he wasn't sure.  He said that they
were getting very impatient to start dealing with us.  He left a contact for
Citibank:  Jerry Peskuchi (212) 723-7065, who wants to be updated on the
status of the master.

Sorry I didn't bring this up in the morning meeting, but please let me know
if any of you know anything about this, because I had no idea who to direct
his call to and could only promise to try and find the right person handling
this and pass the info on.


No GCP adjustments.

Best Rgds.

Samuel x3-9890 (GCP Team)
Enron Net Works _ Global Data Management

From: Walter Guidroz/ENRON@enronXgate on 04/23/2001 05:26 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global CounterParty/LON/ECT@ECT, Stephanie Sever/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Claudia Clark/ENRON@enronXgate, William S
Bradford/ENRON@enronXgate, Lisa Lees/ENRON@enronXgate, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen ODay/ENRON@enronXgate, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ECT, Bill D Hare/HOU/ECT@ect, Amy
Heffernan/Enron Communications@Enron Communications, Molly LaFuze/Enron
Communications@Enron Communications, Danny Clark/Enron Communications@Enron
Communications, Stephanie Panus/NA/Enron@Enron, Teresa
Mandola/ENRON@enronXgate, Bill Kyle/ENRON@enronXgate, Amber Ebow/HOU/ECT@ECT
cc:
Subject: EOL approvals, 04-23-01

Please see attached.


Bjorn,

I don't think the scope of the project is really that big. When we looked
into it, it seemed like a relatively minor issue.

To me, it's  really a matter of routine maintenance that should not be
an equivalent of a Desert Storm operation.

Zimin and I will call Slava on Tuesday and determine what has to be done.

Vince

 -----Original Message-----
From: 	Hagelmann, Bjorn
Sent:	Wednesday, May 23, 2001 2:48 PM
To:	Murphy, Ted; Kaminski, Vince J
Subject:	FW: Exotica's different versions

Vince:

We had discussed this briefly before I went on vacation. What did you want to do with this?

Regards

Bj?rn Hagelmann
Director
Rac - Market Risk Management
E-Mail: bjorn.hagelmann@enron.com
Office:  + 1 713 345 7984
Mobil:   + 1 713 302 5279

 -----Original Message-----
From: 	Danilov, Viacheslav
Sent:	Tuesday, May 22, 2001 02:25
To:	Hagelmann, Bjorn
Cc:	Nath, Tani; Gibner, Stinson
Subject:	Exotica's different versions

Hi Bjorn,

some time ago we, you, Stinson and I, had a meeting in Houston regarding having the same versions for Houston and London.

We agreed that you would talk to Ted Murphy to get his support for this project. I know that Ted did not come to Houston at the time he planned and therefore you were not able to talk to him (you were on holidays when he came to Houston).

This project is really big (several man month work) and we cannot do this without Ted's support. You know that requests from RAC are always taken very seriously.

Please, could you talk to Ted to get his support.

many thanks,

Slava


Mary Cook also asked me to forward the below email re: NYMEX collateral to
you.
----- Forwarded by Tana Jones/HOU/ECT on 05/07/2001 11:14 AM -----

	Tana Jones
	05/07/2001 11:00 AM

		 To: Mary Cook/HOU/ECT@ECT, Greg Whiting/Enron@EnronXGate, Sarah
Wesner/Enron@EnronXGate
		 cc:
		 Subject: (01-147) Use of Letters of Credit, Certain Securities and
Deliverable Warehouse Receipts as Margin...

----- Forwarded by Tana Jones/HOU/ECT on 05/07/2001 11:00 AM -----

	exchangeinfo@nymex.com
	05/04/2001 12:07 PM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-147) Use of Letters of Credit, Certain Securities and
Deliverable Warehouse Receipts as Margin...

Notice # 01-147
May 4, 2001

TO:
All NYMEX and COMEX Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Use of Letters of Credit, Certain Securities and Deliverable Warehouse
Receipts as Margin  for NYMEX and COMEX Transactions

DATE:
May 4, 2001
===========================================================

! Please be advised that the NYMEX Board of Directors has approved changes to
NYMEX and COMEX Clearing Association rules, which have also been filed with
the CFTC, that expand the types of non-cash assets that customers may deposit
with their Clearing Members for margin purposes.

! Specifically, the rule changes, which are attached below, permit the use of
letters of credit, certain securities and deliverable warehouse receipts by
customers to meet their margin requirements. The rule changes provide for
consistent treatment in the use of such assets for both NYMEX and COMEX
Divisions.

! Letters of Credit.  As a result of the rule changes, letters of credit
(LCs) now will be allowed for customer margin on both divisions.

! Use of Letters of Credit on Pass-Through Basis.  In addition, the rule
changes allow letters of credit to be used on a &pass-through8 basis on both
divisions.  In other words, Clearing Members on both divisions will be able
to pledge to the applicable clearinghouse certain LCs posted by customers. It
should be noted that while securities and deliverable warehouse receipts, as
detailed below, may be used by customers for margin purposes, such assets may
not be used on a pass-through basis by a Clearing Member to meet its margin
obligations with the clearinghouse.

! Securities. Customers also will be able to deposit with their Clearing
Members certain types of securities as margin. The types of acceptable
securities are the kinds of securities that have been accepted for some time
on the COMEX Division.  Specifically, the rule changes will permit customers
to deposit the following types of securities as margin with Clearing Members
on either division:

securities listed for trading on the New York Stock Exchange, Inc. or the
American Stock Exchange, Inc., or which are traded in the over-the-counter
market approved for margin by the Board of Governors of the Federal Reserve
Board except that such securities must be free from liens and encumbrances;
can represent no more than 5% of the issued and outstanding shares of any one
issuer; and will be valued for purposes of margin at 75% of their market
value.

! Deliverable Warehouse Receipts. On both divisions, deliverable warehouse
receipts for any of the commodities traded on the Exchange will be accepted
as customer margin provided that such receipts will be valued as margin at no
more than 75% of the value of the commodity.

! Effective Date. These rule changes will go into effect on June 1, 2001.

! Exchange Form for Pass-Through Letters of Credit.  A follow-up Notice to
Clearing Members will be distributed shortly that will include a form
prepared by NYMEX that will serve as the authorized  uniform form for
irrevocable letters of credit for use on a pass-through basis at the Exchange
.

If you have any questions concerning this change, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Arthur McCoy, Vice President, Financial Surveillance Section,
NYMEX Compliance Department, at (212) 299-2928; or Joseph Sanguedolce,
Director, Financial Surveillance Section, NYMEX Compliance Department, at
(212) 299-2855,.

AMENDMENTS TO NYMEX RULE 4.01 (&CUSTOMER,S MARGINS8), NYMEX RULE 9.05
(&MARGINS8) AND TO COMEX CLEARING ASSOCIATION RULE 48 (&DEPOSIT OF SECURITIES
AND LETTERS OF CREDIT AS ORIGINAL MARGIN8)

(Asterisks indicate additions; brackets indicate deletions.)

Rule 4.01. CUSTOMER'S MARGINS

(A) Initial margin at least equal to the level set for customers shall be
required of all customers. In no case shall a customer's initial margin be
less than a specified amount per contract, or a specified percentage of the
market value at which any commodity is bought or sold, such customer's margin
to be determined and announced by the Board of Directors or its designee.

 (B) Once the required initial margin has been deposited for each individual
transaction, such trade and such margin shall, for the purposes of this rule,
lose their individual identity and be commingled with all other trades and
margins in the same commodity for the same customer account.

 (C) When the margin (Net Liquidating Value plus Non-Cash Deposits) in a
customer's account declines below the maintenance margin requirement
applicable to the open positions carried in such account, the Member Firm
carrying said account is required to collect (call) from the customer such
funds, which when deposited, will restore it to the then prevailing initial
margin requirement.

 (D) A Member Firm shall not accept orders for new trades on behalf of an
undermargined customer account other than those which reduce its initial
margin requirement unless such Member Firm has been given assurances by said
customer that funds sufficient to restore the account to its then prevailing
initial margin requirement are forthcoming and will be received in a
reasonable amount of time not to exceed one business day for Floor Members
and three business days for all other customers.

(E)(1) A Member Firm may accept deposits from its customers in one or more of
the following forms as margin to cover open NYMEX Division positions:

 (a) United States Currency; or any currency freely convertible to United
States currency; provided that if foreign currency is deposited, its value
shall be calculated so that at the current rate of exchange the U.S. dollar
equivalent of the foreign currency satisfies the customer's margin obligation.

 (b) securities issued by the Department of the Treasury of the United States
maturing within ten (10) years of the date of the deposit and guaranteed as
to principal and interest by the United States Government. Such securities
shall be valued at ninety five percent (95%) of par value.

*(c) securities which are listed for trading on the New York Stock Exchange,
Inc. or the American Stock Exchange, Inc., or which are traded in the
over-the-counter market approved for margin by the Board of Governors of the
Federal Reserve Board provided that such securities; (i) are free from liens
and encumbrances; (ii) represent no more than 5% of the issued and
outstanding shares of any one issuer; and (iii) are valued at 75% of the
market value thereof;

(d) a letter of credit in favor of a clearing member carrying an account, or
in the case of any letter or credit to be used on a pass-through basis with
the Clearing House a letter of credit in favor of the Exchange.  All letters
of credit shall be issued in such form as may be prescribed by the Exchange
and by a depository which has been approved by the Exchange for issuance and
confirmation of letters of credit drawn in favor of the Clearing Members or
in favor of the Exchange, as applicable.

(e) deliverable warehouse receipts for commodities traded on the Exchange
provided that such receipts will be valued as margin at no more than 75% of
the value of the commodity.*

[(c)] *(f)* The net liquidating value in a customer's account over the
initial margin requirements for the positions carried for such account.

(2) A Member Firm may accept deposits from its customers in one or more of
the following forms as margin to cover open COMEX Division positions:

(a) United States currency, checks payable in United States currency, or
currency freely convertible to United States currency; provided that if
foreign currency is deposited, its value shall be calculated so that at the
current rate of exchange the U.S. dollar equivalent of the foreign currency
satisfies the customer's margin obligations;

(b) the net liquidating value in a customer's account over the initial margin
requirements for the positions carried for such account;

(c) securities issued or guaranteed by the United States, provided that such
securities shall be valued at the lower of the par or market value thereof;

(d) securities which are listed for trading on the New York Stock Exchange,
Inc. or the American Stock Exchange, Inc., or which are traded in the
over-the-counter market approved for margin by the Board of Governors of the
Federal Reserve Board provided that such securities; (i) are free from liens
and encumbrances; (ii) represent no more than 5% of the issued and
outstanding shares of any one issuer; and (iii) are valued at 75% of the
market value thereof;

(e) *deliverable* warehouse receipts *for commodities traded on the Exchange
provided that such receipts will be valued as margin at no more than 75% of
the value of the commodity*; [provided that such warehouse receipts shall be
valued in accordance with the following:

(i) if the warehouse receipt is for a deliverable grade of the commodity
underlying either the futures contract sold or the futures contract which is
the subject of the call options sold, not more than 90% of the value of the
commodity may be considered as margin; and;

(ii) if the warehouse receipt is for a deliverable grade of the futures
contract purchased or the put options sold, not more than 75% of the value of
the commodity may be considered as margin; and;

(iii) if the warehouse receipt is for either: (A) deliverable grade of a
commodity other than the commodity underlying the futures contract or option
to be margined; or (B) a form of silver or gold not deliverable under a
futures contract, then not more than 75% of the value of the warehouse
receipt may be considered as margin.]

(f) physical commodities (but not forward contracts therefor) if the carrying
member is in possession and control of negotiable documents covering such
commodities, provided, however, that the value of such commodities shall be
based upon the contract market price for the grade of such commodity or if
the commodity is not of a grade deliverable on a contract market, then at the
price for the grade of such commodity on the spot market;

(g) a letter of credit in favor of a clearing member carrying an account*, or
in the case of any letter or credit to be used on a pass-through basis with
the Clearing House a letter of credit in favor of the Exchange.  All letters
of credit shall be* issued in such form as may be prescribed by the Exchange
and by a depository which has been approved by the Exchange for issuance and
confirmation of letters of credit drawn in favor of the Clearing Members *or
in favor of the Exchange, as applicable.*

 (3) Calls issued by Member Firms for additional margin from customers may
only be met by: deposits conforming to the requirements of Rule 4.01(E)(1)
for open NYMEX Division positions, or conforming to the requirements of Rule
4.01(E)(2) for open COMEX Division positions, or, for open positions on
either division of the Exchange, favorable market movements which, when taken
into consideration and combined with any other monies available, enable the
customer's margin to equal or exceed the then prevailing initial margin
requirement.

 (F) Withdrawals of margin from a customer's account may only be permitted by
a Member Firm carrying such account if the remaining funds in such account
are equal to or in excess of the then prevailing initial margin required of
the applicable open positions at the time of said withdrawal request.

(G) The customer's response to a margin call issued by a Member Firm must be
timely and complete. A Member Firm may call, at any time, for margins above
and beyond the minimums required by the Exchange. A Member Firm may liquidate
any or all positions maintained by a customer for failure to meet a margin
call. The customer will be liable for any loss or deficiency resulting
therefrom.

 (H) The margin requirements established by the Board or its designee may
vary for different commodities and may be changed from time to time by the
Board or its designee, and in the discretion of the Board or its designee,
may be made applicable to all open trades as well as new trades.

 (I) Arbitrage

(1) For the purposes of Exchange margin requirements, an arbitrage position
is a purchase or sale of an Exchange futures contract in one delivery month
which futures contract is offset by a futures contract to sell or to purchase
a similar quantity of a related commodity in the same or different delivery
month which offsetting futures contract is executed on or subject to the
rules of a different exchange. In order to qualify as an arbitrage position,
each contract long and short must be carried by the same member firm for the
same account.

(2) The Board of Directors, by resolution, may identify those futures
contracts, that are executable on and/or subject to the rules of a different
exchange, which shall be deemed to qualify as part of an arbitrage position.

(3) The Board of Directors or its designee may set levels of margin for
arbitrage positions at a rate less than applicable to outright positions;
provided, however, that except for interdivision straddles, no such rate
shall be lower than the rates established for clearing members' margins.

Rule 9.05. MARGINS

* * * *
(E) Clearing Members may meet original margin calls by depositing:

(1) Cash (U.S. Currency);

(2) Original Margin Certificates issued by an original margin depository, in
form acceptable to the Clearing House, for delivery to the order of the
Clearing House, representing securities issued by the Department of Treasury
of the United States of America maturing within ten (10) years from the date
of the deposit and guaranteed as to principal and interest by the United
States Government; such securities shall be valued at ninety five percent
(95%) of the par value; or

(3) Subject to a maximum limit of 50% of the Clearing Member's total original
margin obligations, Irrevocable Letters of Credit payable to the order of the
Clearing House *including such Letters of Credit that are deposited with the
Clearing Member in accordance with Exchange procedures by a customer*, in
form acceptable to the Clearing House, issued by or confirmed by an original
margin depository and having an expiration date of not less than three (3) or
more than eighteen (18) months from the date of issuance; provided, however,
that such Letter of Credit may not be used to meet original margin
obligations during the fifteen calendar days prior to the expiration date
thereof (if the fifteenth day prior to the expiration of the Letter of Credit
is not a business day, the period during which such Letter of Credit may not
be used to meet original margin obligations shall begin on the business day
immediately preceding that day); and, provided further, that on the business
d!
ay!
 preceding the fifteenth calendar day prior to the expiration of the Letter
of Credit, the Clearing House shall issue a call for original margin to be
deposited in a form and manner acceptable to the Clearing House for positions
held open as of the close of business on that day and margined by the Letter
of Credit. The Clearing House shall have the unqualified right to call on any
Letter of Credit at any time prior to expiration.

CCA Rule 48. DEPOSIT OF SECURITIES AND LETTERS OF CREDIT A ORIGINAL MARGIN

* * * *
(b) Irrevocable Letters of Credit.

(i) The Corporation will accept as original margin for the full face amount
thereof a letter of credit in favor of the Corporation issued by any
institution selected by the depositor *including such Letters of Credit in
favor of the Corporation that are deposited with the Clearing Member in
accordance with Exchange procedures by a customer*, provided that

(A) such  institution has been approved by the Board as an approved
depository or such institution is organized under the laws of the United
States or the laws of any state and the letter of credit issued by such
institution has been confirmed by an approved depository;
(B) that the aggregate amount of letters of credit which may be accepted at
any time from any one approved depository, or for the account of any one
Clearing Member may be limited by the Board from time to time;
(C) that a letter of credit issued on behalf of a Clearing Member by an
institution which is an affiliated firm of such Clearing Member must be
confirmed by an institution which is not an affiliated firm of such Clearing
Member; and
(D) such letter of credit shall be in form and substance approved by the
Board and shall be in such denominations as may be determined by the Board
from time to time; shall be irrevocable, shall be available to be drawn upon
by the Corporation by  a clean sight draft(s) or written demand(s) and shall
run for a period of not less than ninety (90) days from the date of issue.

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

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(01-147)"

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


As the Global VP/MD mid-year PRC draws closer, I want to take the opportunity
to stress to you the importance of  updating your profile information in the
GIS system.  Details on your current responsibilities, employment history,
skills and education should have been updated by 7 July 2000.   For those of
you that have not opened your profile in GIS, I urge you to do so as soon as
possible to ensure that your profiles are current and complete.

GIS is accessible via the HRWEB home page on the intranet.  You may go to
hrweb.enron.com and look for the GIS link, or just type eglobal.enron.com on
the command line of the browser.

Your  timely response to this request is greatly appreciated.

Thank you,


The Payment status has changed on the following report:

Status last changed by:  System
Expense Report Name: sk113001
Report Total: $762.28
Amount Due Employee: $762.28
Amount Approved: $762.28
Amount Paid: $2,286.84
Approval Status: Approved
Payment Status: Paid

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


Hi Michelle,

The original fax I sent to you on Friday are the only names that John wanted the letters for.  I misread the paper and did 4 extra people by mistake.  EEEK!  Anyway - I think he may want some revisions today, so please let me know if you are making any adjustments or changes to the documents from Friday!  Thank you!

Best Regards,
Julie Clyatt
(713) 853-3256


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I agree that we should saya minimum term of five years. The in-service date
will depend on exactly what mods need to be done which will not be defined
until Friday or Monday but we need canvass the market now since the timing is
right. The in-service could hopefully be even earlier.

	From:  Mary Kay Miller                           12/04/2000 08:25 AM

To: Steven Harris/ET&S/Enron@ENRON
cc: Drew Fossum/ET&S/Enron@ENRON, Lindy Donoho/ET&S/Enron@ENRON, Lorraine
Lindberg/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Keith
Petersen/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON

Subject: Re: Draft Open Season Posting

First,  I thought the inservice was to be earlier than 3rd quarter??  confused
Second, on term I'd suggest we say a minimum of five years, so if someone
wants to bid for a longer term they can--
Third, in the 3rd paragraph change the reference to term, to as specifed
above-
Fourth, in the last paragraph, add minimum term of five years again.

MK

Steven Harris
12/04/2000 08:07 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Lindy Donoho/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

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!


Group,
Two quick things...

First- from volume management:
When scheduling a service customer such as Harbor or WheelabratorShasta,
Arco, Tosco, etc. we need to be sure to schedule using the customer ID in
CAPS.  Otherwise RT has no generation and we are considered short (please see
myself or Kourtney with questions).

Second- from the preschedulers:
If we sit at Lisa or Stacy's desk, please be sure to log out of the computer
and their phone.   Their computers are not necessarily for Real-Time use,
but I would like to be sure that we can continue to use these computers at
night.  If they aren't happy with the cleanliness of their desk, or with
having to reset their computers each morning, etc...we will probably lose
this priviledge.

Other than that,

Keep up the good work.

Thanks,
Bill


Next Tuesday, December 19th, the 50th floor will be open to all employees for
the Annual Holiday Open House from 3:00pm until 5:00pm.  Similar to last
year, we will provide food, beverage and musical entertainment and will also
decorate eight executive offices to reflect the Festival of Lights.  Our goal
is to expose our employees to different celebrations around the world and
simultaneously demystify the 50th floor.

For your reference, the offices that will be decorated are listed below:
St. Lucia - Ken Lay
Kwaanza - Jeff Skilling
Los Posadas - Rob Walls
Chinese New Year - Cindy Olson
Hanukkah - Andy Fastow
Ramadan - Rick Buy
Devali - Rick Causey
Christmas - Jim Derrick

We would welcome Executive Committee members to volunteer to greet employees
in the 50th floor elevator lobby or serve punch.   Time slots are available
in 15-minute increments from 3:00pm to 5:00pm.  Please reply to this e-mail
if you would like to volunteer for this event and I will provide additional
information for your reference at that time.

This annual affair is an employee favorite and you may contact me with any
comments or questions.

Charla Reese
Manager, Community Relations
x35202


Did I send this to you yet?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/01/2001 07:06
AM ---------------------------

j.nassos@pecorp.com on 01/30/2001 05:16:08 PM
To: Kay.Mann@enron.com
cc: Gregg.Penman@enron.com, t.hermann@pecorp.com, r.dobson@pecorp.com

Subject: Confidentiaility Agreements regarding enovate

Hello Kay -

It's been a long time since we've last spoken and I hope things are well.
In November, Gregg Penman had sent me two confidentiality agreements related
to enovate and asked that I forward any comments to you directly.  I finally
have reviewed them and have a couple comments.

The only proposed changes that need explanation are in paragraphs 1 and 3 of
each agreement.  Paragraphs 1 and 3 are typical provisions in a
confidentiality agreement where each side is evaluating a transaction.
However, the confidential information disclosed under these particular
agreements is going to be used not only for trading activities but also in
connection with audit rights related to an existing and ongoing contractual
relationship.  The confidentiality agreements should not affect enovate's
and PMW's rights under the LLC Agreement.  Accordingly, the proposed changes
are my attempt to clarify the usual text.

Please call if you wish to discuss.  I believe my procrastination has
resulted in the business people wanting to sign these up next week, so your
attention to this is appreciated.  Thanks.

 <<Conf Ag enovate L.L.C. (evaluation of enovate LLC) v1 ENOVATE CMTS
MRK.doc>>  <<Conf Ag Peoples Energy Resources Corp. (evaluation of enovate
LLC) revision 3 PEC CMTS.doc>>

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

 - Conf Ag enovate L.L.C. (evaluation of enovate LLC) v1 ENOVATE CMTS MRK.doc
 - Conf Ag Peoples Energy Resources Corp. (evaluation of enovate LLC)
revision 3 PEC CMTS.doc


Any interest in extending it to Jan 22?
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/03/2001 04:44
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/03/2001 04:37:22 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: FW: Amendment No. to 1 Letter Agreement

Kay:

Please see George Kutzschbach's comments to the amendment below.  I would
accept his comment #2.  What is ENA's reaction to comment #1?  Please
advise.  Thank you.

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

-----Original Message-----
From: George Kutzschbach [mailto:gkutzschbach@fulbright.com]
Sent: Wednesday, January 03, 2001 3:55 PM
To: Campbell, Carolyn
Cc: DPedigo@INTERGEN.com; jjones@INTERGEN.com
Subject: Re: Amendment No. to 1 Letter Agreement

Carolyn,

In addition to Doug's comments regarding the Amendment, the second
sentence of Section 2 of the Original Agreement which is in quotation
marks in paragarah 1 of your draft of the Amendment should be revised in
the following respects:

1)  The outside closing date of "January 15, 2001" should be changed to
"January 22, 2001" to give sufficient time for the Facility Agreement to
be signed after the funding of the escrow; and

2)  The reference to "the Original Agreement" should be to "this
Agreement" since this sentence is being inserted in the Original
Agreement.

George

>>> "Campbell, Carolyn" <CCampbell@KSLAW.com> 01/02/01 05:39PM >>>

 <<2SX801!.DOC>>

George:

We have enclosed for your review the initial draft of an amendment to
the
letter agreement pertaining to CA Energy Development I LLC.  Similar
amendments will be prepared for the other two letter agreements.
Please
review and advise of any comments at your earliest convenience.  Thank
you.

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

Enclosure:  130796v1

                    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.

                    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.


Tanya:  This is the master referred to in my vm.  Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 10/31/2000 09:50 AM -----

	Sara Shackleton
	10/02/2000 08:29 AM

		 To: William S Bradford/HOU/ECT, Tanya Rohauer/HOU/ECT, Paul Radous/Corp/Enron
		 cc:
		 Subject: Bank Brussels Lambert (acquired by ING)

Don't know if I have the name spelled correctly but I received a call
requesting an ISDA Master (for Pushkar Shahi) for trading rate/currency.
Thanks.  Sara


Hi Bob,

Does this have anything to do with the Wisconsin site you mentioned in the
staff meeting?

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/07/2000 02:16
PM ---------------------------

Fred Mitro@ECT
09/06/2000 12:08 PM
To: Scott Healy/HOU/ECT@ECT, Rusty Stevens/Corp/Enron@ENRON, Gregg
Penman/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Herman Manis/Corp/Enron@ENRON,
Ben Jacoby/HOU/ECT@ECT
cc:

Subject: WEPCO term sheet - Plano

Attached is the draft term sheet for the WEPCO term sheet on the Plano site.
I have used the 9/01 clean version of the ComEd Plano term sheet as the
template for this document.

I have made some changes to reflect our discussions with WEPCO including the
following:

 1. Term (3 and 5 year)
 2. Contract Base Capacity Charge ($ amount may be subject to further change)
 3. Scheduling (day-ahead only)
 4. Project Updates (term modification dates changed to reflect 3 or 5 year
term)
 5. Commercial Operation Date Guarantee (dates change to reflect '02 start
date/termination right triggered off of 6/1/01 notice by Seller)
 6. Delay/Early Completion Penalties/Bonus (changed to reflect different
Capacity Charge)
 7. Availability LD's (changed to reflect different Capacity Charge)

Please review and send me your comments.  I am planning to send this document
to WEPCO tomorrow afternoon.

Thanks,
Fred


I believe the boat is 18 to 19 ft long and I do have a boat cover.  I will
bring the boat information with me tomorrow for anymore questions.  I
recently took it to the shop to get it ready for this season and the salesman
said it looked brand new.  It has a brand new battery and everything runs
perfectly.  Call me if you want to take a look at it.
Briant
66459


Please note the change in time.


We will have our conference call this coming Monday at the usual time
11:00am-12:00pm (CST), in room 4793.

Dial-in number:  888/311-9051

Pass code:  60396

Sue Nord, Sr. Director
Government Affairs
713 345-4196


I will need to see the CGAS invoices for Dec when we get them.  According to
New Power, we should have overrun charges.

---------------------- Forwarded by Chris Germany/HOU/ECT on 12/27/2000 08:53
AM ---------------------------

Chris Germany
12/27/2000 08:53 AM
To: Jeffrey Porter/HOU/EES@EES
cc:
Subject: Re: 22nd

That makes sense.  So you really are not using any ENA space but then I need
to check the overrun charges on the invoice.  If its ok with you, I think
I'll just wait to review the invoice before I do anything with that.

12/27/2000 08:47 AM
Jeffrey Porter@EES
Jeffrey Porter@EES
Jeffrey Porter@EES
12/27/2000 08:47 AM
12/27/2000 08:47 AM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: 22nd

I know we overan SST in COH.  Our nom was lower, but the retro increased.
Alvin & Joanne were checking TCO. We are hoping they don't cut us and don't
want to tip them that they could.


I'm pretty sure SITA is a French company.  Have we decided that French
counterparties are ok?
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
09/27/99 09:59 AM ---------------------------

Tanya Rohauer
09/27/99 09:24 AM
To: Marie Heard/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT
cc: Jarrod Cyprow/HOU/ECT@ECT
Subject: New Deals

Please prepare a deemed ISDA for the SITA deal.  Please forward to Jarrod
Cyprow on the confirm desk. Please note the only credit specification is a
cross default to third party debt.  Let me know if you have questions.

Thanks,
Tanya

---------------------- Forwarded by Tanya Rohauer/HOU/ECT on 09/27/99 09:19
AM ---------------------------

	Heather Alon
	09/24/99 02:30 PM

To: Dale Neuner/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Scott
Pleus/HOU/ECT@ECT, Jeff Harbert/HOU/ECT@ECT, Lisa Berg/HOU/ECT@ECT, Tanya
Rohauer/HOU/ECT@ECT, Michael Nguyen/HOU/ECT@ECT, Jarrod Cyprow/HOU/ECT@ECT,
Ana Correa/HOU/ECT@ECT, Greg Jay Martin/HOU/ECT@ECT
cc:
Subject: New Deals


Kevin,

Do you have Tom Carlton's contact details?


Hey. Did you know that Woody Williams was a shortstop for the Cougars back
in the 80's? How cool is that? Not only is he a bad ass that beats the Big
Unit in the playoffs, but he's one of us.


Louise,

I have developed the attached proposal that I would like to propose to AEP.  The basis of the proposal is that:

1.	 AEP would take on all costs, risks, liens, etc. associated with the Coastline law suite (low case $1.8MM, expected case $2.5MM).

2.	Enron would forego 1 months of interest due to AEP's failure to get DoJ approval ($2.1MM).

Benefits to Enron:

1.	Potential savings in Enron expense vs. AEP's ability to capitalize the cost.

2.	Enron still retains the "DoJ stick" in that interest payments start on 1 June instead of 1 May.

3.	Enron saves time and legal costs not having to defend against the claim.

4.	Enron does not have to wrestle with AEP to get access to HPL staff who are involved in the suite.  (even though AEP is obligated to make resources available to help us with the claim, AEP will have no incentive to do so after the sale).

Let me know if you have any objections or questions.

Brian


You guys need to manage this.......
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/13/2000
07:07 PM ---------------------------

Janet R Dietrich
11/13/2000 02:32 PM
To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc:
Subject:

Hey guys. I'm hearing through the grapevine that we now have a new ENA
Analyst trading program. Allegedly, phone calls are getting ready to go out
from HR to offer these individuals a spot in the program and possibly a
different compensation program along with it. Allegedly there are a couple
"targeted" Analysts within Origination.

What's up with this? If there is any truth to this we need to discuss. If
not, please confirm so I can appropriately manage.


fyi

-----Original Message-----
From: BD.Liu [mailto:bdl@mapp.org]
Sent: Friday, November 16, 2001 8:59 AM
To: rin@mapp.org
Subject: Re: MAPP Partial Outage Monday, November 19 5am-6am CT

*******REMINDER*********

>Date: Thu, 15 Nov 2001 15:24:40 -0600 (CST)
>From: "BD.Liu" <bdl@mapp.org>
>Subject: MAPP Partial Outage Monday, November 19 5am-6am CT
>To: rin@mapp.org
>MIME-Version: 1.0
>Content-MD5: NjUOJVf/yPPOU5ylYUbTBA==
>
>Attention MAPP OASIS Users:
>
>On Monday, November 19, MAPP will be doing up to 1 hour of database maintenance
>starting at 5:00am CT and ending at 6:00am CT.  The OASIS node will be
available
>for making reservations, but there may be a slight delay in processing.
>
>If at all possible please have reservations for the next hour in before 4:55am
>CT. I apologize for any inconvenience this may cause. The ultimate goal of this
>maintenance is continue the quick turn around of transmission requests.
>
>Bernie Liu
>MAPPCOR
>651-632-8467
>bd.liu@mapp.org
>


E*TRADE LATEST NEWS AND HAPPENINGS

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E*TRADE does not recommend any security, financial product, or instrument,
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sell, or hold that or any other security. You assume full responsibility for
your investment decisions.

	2Pre-open Trading involves unique risks, which may include greater price
volatility, less liquidity, and wider bid/ask spreads than during regular
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best prices for any given stocks or that all pre-open orders will be
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	3E*TRADE BankSM is a wholly-owned subsidiary of E*TRADE Group, Inc. E*TRADE
Bank deposits are insured up to $100,000 by the FDIC. E*TRADE Bank and
E*TRADE Securities are separate but affiliated companies.  Brokerage accounts
and services are offered by E*TRADE Securities, Inc., member NASD/SIPC.
Products offered by E*TRADE Securities are not insured by the FDIC, are not
deposits of or obligations of or guaranteed by E*TRADE Bank, and are subject
to investment risk, including possible loss of the principal involved.

	4Options involve risk and are not suitable for all investors. To learn more
about options risks, you may view the Options Disclosure Document online at
the E*TRADE Web site at http://options.etrade.com or request the document by
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BIG BRAT!!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 3:50 PM
To:	Nelson, Michelle
Subject:	RE:

bye

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 3:49 PM
To:	Maggi, Mike
Subject:	RE:

i am not going to replay a drunken conversation with you.  you will have to remember on your own.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 3:48 PM
To:	Nelson, Michelle
Subject:	RE:

whats not the same

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 3:48 PM
To:	Maggi, Mike
Subject:	RE:

what are you talking about?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 3:47 PM
To:	Nelson, Michelle
Subject:

i cant figure out what i meant


Parties To The PG&E Gas OII Settlement:

Today, August 4, 2000, PG&E filed with the Commission the attached,
supplemental advice filing in order to revise the gas tariff filed in Advice
2251-G, dated July 17, 2000.  The revisions affect only the pilot program
for customer ownership of new gas meters.

Based on further discussions with interested parties, PG&E has revised the
Gas Meter Ownership Pilot Agreement to expand customers' options by allowing
them to own the entire meter set.  Parties may recall that the protest
period for Advice 2251-G ends Monday, August 7, 2000.  PG&E has requested
that the protest period for Advice 2251-G-A (attached) be extended by seven
(7) days from today (i.e., August 11, 2000).

If you have any questions regarding this supplemental filing, please do not
hesitate to contact us at the numbers below.  Thank you very much.

Ron Stoner    Steve Frank (for Randy Litteneker)
(415) 973-3606    (415) 973-6976 (or 973-2179)

 <<2251-G-A_AL.doc>>              <<2251-G-A_79-969rev.doc>>

 - 2251-G-A_AL.doc
 - 2251-G-A_79-969rev.doc


ISC - Customer Service Survey Ticket#HD0000000686975, Referred outside ISC

: Thank you for taking the time to fill out our Customer Service Survey.
Your input is crucial to our continued efforts in establishing and providing you with World Class Support.

Please take a minute and complete the 5 question survey then submit it back to us when you are done.

Once again, thank you for your participation.

ISC Customer Care Group

http://rc.enron.com/survey/survey_1.asp?id=000000000004420


Effective 2/1/02 a new company will go into effect called ENNG.  The company code is 179E.

The primary purpose of this company is to account for the payroll of the Enron employees who are currently on company 0179, and who will remain Enron employees after the 2/1/02 transition of Northern Natural Gas to Dynegy.

With respect to coding invoices, recording time and other similar transactions on Northern Natural Gas (0179) please note the following that are effective 2/1/02:

If you have expenses that you normally would charge to a 0179 FAR order or project, continue using the same codes.  No changes here.
If you have expenses that you normally would charge to a 0179 cost center, use the same cost center number except replace the first digit with a 5.  For example, if you would have charged 111222, charge 511222 instead.  These "5" series cost centers have been set up on company 179E, but their payroll and expenses flow into company 0179.  You will not be able to code direct to a 0179 cost center after January business (1/31/02).
If you are becoming a Dynegy employee on 2/1/02, your time entry for January and corrections to any prior period must be entered before noon on 2/1/02.  After noon on 2/1/02 do not enter your time into eHRonline or the SAP timekeeping application.  During the next week or two we will be working with Dynegy on an alternative for capturing and accounting for your time and payroll expenses.
If you are currently a 0179 employee and are continuing as an Enron employee, your time entry for January and corrections to any prior period must be entered before noon on 2/1/02.  After noon on 2/1/02 continue entering your time as you ordinarily would.  Unless you exception code to FAR orders or projects, your hours will automatically go into the appropriate "5" series cost center on company 179E.

If you have any questions or need additional information concerning these coding changes please contact Trey Meerbott at (713) 853-7003.


Please email me a copy of Jodie Floyd's mid-year 2001 performance evaluation.  I would like to update it for year end.  Thanks.

Rick


I don't have an electronic version yet either.  If you don't get it today,
I'll fed ex a copy to your office for when you return.

"Nancy Wodka" <nwodka@bracepatt.com> on 07/27/2000 08:53:31 PM
To: <Kay.Mann@enron.com>
cc:

Subject: Re: Revised Vepco PPA

Kay--I did not get a copy of the interconnection agreement and will ask for
it to be emailed to me, but if you have it electronically,please send it to
me in the meantime.  Thanks.

>>> <Kay.Mann@enron.com> 07/27/00 10:49AM >>>

Nancy,

Thanks for the wonderful turn around time!

I glanced through the interconnect.  It includes arbitration (poor Dutch)
and equipment outage as force majeure.  Gee, what's good for the goose
should be good for the gander.

Talk to you soon,

Kay


Thanks for the update, Walt.  One option we were considering was a "share the
pain" settlement with Dreyfus, whereby they would let us buy out of the
remaining position at a steep discount (to acknowledge their contributory
negligence in this matter).  Has there been any additional headway in this
area?  I'm on vacation and haven't heard anything on this.  Weren't we going
to send a V&E litigator to visit Dreyfus' general counsel? If we commence
legal proceedings against Dreyfus, things will become costly and contentious
between us. Information will come slowly and grudgingly.  We have copies of
some of their internal notes which indicate that they knew---or should have
known---that something wasn't quite right with Todoroff's situation.  Before
we start filing discovery motions, we should exhaust the possibility of
meeting with their general counsel to see if a quick "business" settlement
can be obtained.  Please advise. Thanks.  SWD

WALT
ZIMMERMAN
03/16/2000 11:47 AM

To: Dana Gibbs/Houston/Eott@Eott, Lori Maddox/Houston/Eott@Eott, Susan
Ralph/Houston/Eott@Eott
cc: Michael Burke/Houston/Eott@Eott, Steve Duffy/Houston/Eott@Eott, Stanley
Horton/Corp/Enron@Enron

Subject: Todoroff Prosecution--CONFIDENTIAL/SUBJECT TO ATTORNEY-CLIENT
PRIVILEGE

Earlier this week, I spoke with Bill Moore (the chief prosecutor in the
Harris County District Attorney's Special Crimes Unit) regarding the
above-referenced matter.  Mr. Moore acknowledged receiving the investigative
materials that we submitted last week, and he indicated that his office is
commencing its review of those materials.  I emphasized to Mr. Moore the
desire of EOTT's management to have this case aggressively prosecuted.  Mr.
Moore acknowledged that the aggressive prosecution of this matter would send
a strong message to other traders who might consider dishonest acts, and he
assured me that his office would vigorously pursue this matter.  Based upon
some statements made by Mr. Moore during our discussion, it was obvious that
he recalled much of the presentation from our initial meeting.  I will call
Mr. Moore again tomorrow afternoon to get an update on the progress of this
matter.

We are also attempting to obtain from Louis Dreyfus tape recordings of
Todoroff's conversations with them regarding the series of deals that we are
describing as "The Second Transaction."  If Louis Dreyfus does not
voluntarily provide us with copies of those tapes (or if they assert that
tapes do not exist), the next step will be to consider filing a lawsuit or
seeking a bill of discovery in order to obtain the tapes.  Based upon some
notes we have received from a contract administrator at Louis Dreyfus, it
appears that Louis Dreyfus also suspected or knew that something was amiss
with The Second Transaction.  Assuming that Todoroff's conversations with
Louis Dreyfus were taped, the tapes should tell us whether Todoroff had a
conspirator at Louis Dreyfus who assisted him in his scheme to defraud EOTT.

If Louis Dreyfus does not voluntarily produce tape recordings of its
conversations with Todoroff, we will need some guidance from Enron as to how
aggressive we should be in attempting to obtain the tapes.


Hi John,

I'm out of town, but will give this a look when I return.

Kay

j.nassos@pecorp.com on 01/30/2001 05:16:08 PM
To: Kay.Mann@enron.com
cc: Gregg.Penman@enron.com, t.hermann@pecorp.com, r.dobson@pecorp.com

Subject: Confidentiaility Agreements regarding enovate

Hello Kay -

It's been a long time since we've last spoken and I hope things are well.
In November, Gregg Penman had sent me two confidentiality agreements related
to enovate and asked that I forward any comments to you directly.  I finally
have reviewed them and have a couple comments.

The only proposed changes that need explanation are in paragraphs 1 and 3 of
each agreement.  Paragraphs 1 and 3 are typical provisions in a
confidentiality agreement where each side is evaluating a transaction.
However, the confidential information disclosed under these particular
agreements is going to be used not only for trading activities but also in
connection with audit rights related to an existing and ongoing contractual
relationship.  The confidentiality agreements should not affect enovate's
and PMW's rights under the LLC Agreement.  Accordingly, the proposed changes
are my attempt to clarify the usual text.

Please call if you wish to discuss.  I believe my procrastination has
resulted in the business people wanting to sign these up next week, so your
attention to this is appreciated.  Thanks.

 <<Conf Ag enovate L.L.C. (evaluation of enovate LLC) v1 ENOVATE CMTS
MRK.doc>>  <<Conf Ag Peoples Energy Resources Corp. (evaluation of enovate
LLC) revision 3 PEC CMTS.doc>>

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

 - Conf Ag enovate L.L.C. (evaluation of enovate LLC) v1 ENOVATE CMTS MRK.doc
 - Conf Ag Peoples Energy Resources Corp. (evaluation of enovate LLC)
revision 3 PEC CMTS.doc


Vince, Jeff does plan to attend the off-site in Breckenridge.  I'm not sure
exactly what time he'll arrive on Friday, 4/28, but will send those details
when available.  Thanks, SRS

Vince J Kaminski@ECT
03/27/2000 04:43 PM
To: Jeff Skilling/Corp/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Ravi
Thuraisingham/Enron Communications@Enron Communications, Sherri
Sera/Corp/Enron@ENRON, Katherine Brown/Corp/Enron@ENRON, Ken Rice/Enron
Communications@Enron Communications, Kevin Hannon/Enron Communications@Enron
Communications, Joe Hirko/Enron Communications@Enron Communications, John
Griebling/Enron Communications@Enron Communications

Subject: Off-site: John Griebling's organization and Research Group

Jeff,

I would like to invite you to an off-site meeting of John Griebling's
organization
and the Research Group.

Date:   April 27 - April 29
Location:  Breckenridge, Colorado

As you know, John Griebling is managing the network design and construction
project
currently under way in EBS. The Research Group is actively involved in this
effort
which requires advanced quantitative skills in the area of stochastic
optimization and
stochastic processes (for modeling and forecasting Internet traffic flows).

The objective of this meeting is to develop common language and accomplish
transfer
of skills between the two groups, to facilitate cooperation on this project
in the future.

We are also inviting to this off-site senior management of EBS and plan to
have
on the agenda several presentations about strategic directions of EBS. The
effort
of network design and construction currently under way is  unprecedented in
terms
of its scope and complexity and it is important  for technical people, who
often have
highly specialized technical skills, to understand the broad picture.

I would appreciate if you could join us for Friday afternoon (April 28) and
Saturday (April 29). I understand  that you have commitments on Thursday and
Friday
morning. We have reorganized the tentative agenda of the meeting to devote
Friday afternoon to more general topics.

Vince


Janet, we have been down the road with these guys before and it was not very
pleasant.  I think it is hightly unlikely that Larry will be coming up with
an additional 7FA turbine - but you can call him.  I'm also starting to think
as the LM position starts to get better managed that maybe you and Chris
should take the D5's and 7EA's onto your book.  Something to think about, I
am just concerned about your ability to manage more complex deals without
some resource availability.  I think you have to feel pretty good about the
LM position first.  Something to think about?

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 07/13/2000
08:33 PM ---------------------------

Janet R Dietrich
07/12/2000 02:09 PM
To: David W Delainey/HOU/ECT@ECT
cc: Scott Healy/HOU/ECT@ECT
Subject: Cogentrix Turbine Inquiry

Hey Dave, what's the real deal on the 7FA "swap" with Larry Izzo? Do they
have the capability to give us another 7FA in 2001-2002? I listened to two
voicemails from Cogentrix this am and they do seem to be serious about
purchasing an incremental 1-2 7FA's if they can be delivered by winter 2002.
I think their preference is to buy the turbine from us on the front end with
no partnering in the project. There has been no serious negotiation on this
to date and I don't want Scott to waste his time if we really don't have the
turbine from EE&CC. Please advise. Thanks.
---------------------- Forwarded by Janet R Dietrich/HOU/ECT on 07/12/2000
01:47 PM ---------------------------

	Enron North America Corp.

	From:  Scott Healy                           07/12/2000 11:16 AM

Sent by: Lisa Zarsky
To: Janet R Dietrich/HOU/ECT@ECT
cc: W David Duran/HOU/ECT@ECT
Subject: Cogentrix Turbine Inquiry

Per our telephone conversation today, I have been asked by two Cogentrix
executives if we have any General Electric 7FA turbines (for delivery in
2002) available for sale. I believe that Cogentrix needs the turbine for one
of the combined cycle projects it has been permitting in Entergy or TVA. They
seen somewhat anxious.

As we discussed, I will let Cogentrix know about the availability of the two
General Electric 7EA's and the two Westinghouse 501-D's. What about the 7FA
that Dave Delainey loaned to EE&CC, could this turbine be available for sale
to Cogentrix?

Regards
Scott


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


You won't believe your eyes....


Put this trial date in the Derrick report
----- Forwarded by Richard B Sanders/HOU/ECT on 02/16/2001 09:28 AM -----
From: Twanda Sweet on 02/16/2001 08:40 AM
To: Richard B Sanders/HOU/ECT@ECT
cc:

While You Were Out
Contact:

Andy Edison
of:

Phone:
FAX:

Message:
Trial in Enserco matter is scheduled for April 23rd.


Vance,

Deal # 611981 has been created and entered in Sitara.

Bob

Vance L Taylor
02/05/2001 04:29 PM
To: Robert Cotten/HOU/ECT@ECT
cc: Julie Meyers/HOU/ECT@ECT, Cynthia Hakemack/HOU/ECT@ECT, Lisa
Hesse/HOU/ECT@ECT, Susan Smith/HOU/ECT@ECT, Donald P Reinhardt/HOU/ECT@ECT,
Melissa Graves/HOU/ECT@ECT
Subject: FIRST DELIVERY - SAFARI PRODUCTION

Bob,

The following production is now on-line and a ticket should be created and
entered into sitara based on the following:

Counterparty   Meter   Volumes  Price    Period  Global No.
Safari Production Company 4594   400mmbtu/d  85% Gas Daily   2/2 - 2/28
96057046

FYI, I will create and submit a committed reserves firm ticket for the
remaining term of the deal beginning with the month of March.  Additionally,
this is a Producer Svcs. deal and should be tracked in the IM Wellhead
portfolio... attached to the gathering contract.

Thanks,

vlt
x3-6353


Sally,

This morning I spent some time with David Maxwell of the Merchant Asset
group.  I am very intrigued by the work the group does.  Knowing that Todd
Hall has moved on to EGM and that the Merchant Asset Group is in transition
to report to Shona Wilson, I have a recommendation.  I would like for the
Merchant Asset Group to report to me.  Although I do not know all the
methodologies used by the group, I am familiar with the valuation of assets
and understand the underlying principals for most methods.  At Fleming I was
involved, at a much smaller scale, in the reporting of similar portfolios and
believe that I can be of assistance to the group in moving away from their
current spread sheet environment.  Also, I enjoyed talking with David Maxwell
and understand what he is up against.  I believe he and I would work really
well together.

Let me know what you think.

Thanks.

James


The draft for Terra is finished, pending attorney review.  Will adivse when
ready..

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


I have a trip to Portland scheduled for the 2nd and 3rd. What about the week
of the 6th? The 6th, 7th, and 8th are especially good.

	melanie.gray@weil.com
	10/27/2000 02:40 PM

		 To: richard.b.sanders@enron.com, elizabeth.sager@enron.com
		 cc:
		 Subject: PCA Settlement Conference Call

Our friend Jane called this morning and left the following message:

"David Paulker apologizes for cancelling yesterday.  They are all available on
11/2 or 11/3 at 9:30 am."

I can't do it on the 3rd, but I can do it on the 2d.  What do your schedules
look like?  Thanks.

**********NOTE**********
The information contained in this email message is intended only
for use of the individual or entity named above.  If the reader
of this message is not the intended recipient, or the employee or
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are hereby notified that any dissemination, distribution or
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have received this communication in error, please immediately
notify us by telephone (713-546-5000), and destroy the original
message. Thank you.


Congratulations!  You've helped make Enron one of America's elite
corporations.  We had a stunning performance in 2000, and, as a result, Enron
now ranks No. 7 on the Fortune 500, up from No. 18 last year.

The Fortune ranking is based on revenues of the nation's largest companies.
Last year, propelled by an enormous increase in volumes on EnronOnline, we
topped the $100 billion mark.  We expect to continue growing and climbing on
the Fortune 500 list.  This amazing growth is part of the reason we have
developed a new vision for Enron: to become The World,s Leading Company.
With your continued dedication and creative performance, we can realize
another year of stellar performance and will surely achieve this latest and
most compelling vision.

The Fortune 500 issue will be on newsstands April 16, however, you can read
about it now at www.fortune.com.


Attached please find the referenced lists.  Please note:

Tampa Electric Company can do power sells only.  Even though Peoples Gas is a
division of Tampa Electric, it cannot trade power because its power marketing
license was not granted in that name.  Further, I earlier shut down Tampa
Electric Company for financial trading, and I am now opening them up for
financial trading, either as Tampa Electric or Peoples Gas.


I have added a swing on Mobil Oil and moved the Sale number over to the Swing
column for Equistar.


Whatever out fates, please keep in touch!

Russell

ridiamond@yahoo.com
713-665-3345


---------------------- Forwarded by Andrea Ring/HOU/ECT on 01/08/2001 01:39
PM ---------------------------

Tammi DePaolis@ENRON
01/04/2001 02:43 PM
To: Andrea Ring/HOU/ECT@ECT, Tricia Spence/HOU/ECT@ECT
cc:
Subject: Re: Body Shop Group Exercise Schedule

---------------------- Forwarded by Tammi DePaolis/Corp/Enron on 01/04/2001
02:30 PM ---------------------------

	Ann Mora
	01/04/2001 02:01 PM

To: Tammi DePaolis/Corp/Enron@ENRON
cc:

Subject: Re: Body Shop Group Exercise Schedule

Each quarter I will evaluate the classes (mainly attendance) to see how well
they are performing.  Then I will be able to make adjustments to the schedule
accordingly.  Our goal is to get people to try new things and not just go
back to what they did before.  We have spent a lot of time and money getting
brand new weights, spinning bikes and cardio equipment in here and want you
all to have a chance to try it out.  Just give this schedule a try for a
while when we open and keep me posted with your feedback.  Thanks!
Ann Mora

Tammi DePaolis
01/04/2001 01:56 PM
To: Ann Mora/HR/Corp/Enron@ENRON
cc:

Subject: Re: Body Shop Group Exercise Schedule

Ann, do you think if there is not as many people participating in the
spinning classes at lunch, you would offer additional spinning classes in the
evening?  I noticed there is a spinning class offered every day at lunch but
only one class offered in the evening.   There  are numerous people who were
hoping to enjoy spinning two times a week but due to our work environment we
are only able to work out in the evenings, period.     In addition,  we were
hoping to do Bootcamp the other two remaining evenings, which looks like
right now it is only offered on Monday and previously it was offered both
Monday and  Wednesday.

Is it possible that  if you do not have very much participation for the
"total body conditioning class"  on Tuesday & Thursday you could replace it
with another spin class and another bootcamp class.    Or maybe the "total
body conditioning class" could be moved to  Monday and Wednesday and then it
would free up the studio to have Bootcamp on Tuesday & Thrusday.   Then if
you hopefully add another spin class you could insert it on Monday so you
would be offering an evening spin class both Monday and Wednesday.   That
would be wonderful.

Also do you think before the spin class (s) in the evening  an "ab lab" class
could be added before the beginning of class like at 5:30 pm?

Any feedback you have would be great.   For a lot of us who have to work-out
in the evenings only we hoping to be able to at least do a spin class
acouple of times and then a boot camp a couple of times.     If  there is
enough particiaption for this do you know how long it will take to get set
up?

Thank you for all of you help, comments or suggestons.


Richard:

Per Elliot's e-mail below, do you have access to a list of existing EES customers, or do you know where I can find one?

Thanks!  Jenny
-----Original Message-----
From: Mainzer, Elliot
Sent: Monday, November 12, 2001 4:39 PM
To: Thome, Jennifer
Subject: RE: Potential green customers

Jenny,

I think the first starting point is to look at our existing EES customer base and divide those customers into different categories according to their potential willingness to purchase green power, with IBM and Johnson and Johnson (members of the Green PowerMarket Development Group) being signature potential green customers. Richard can probably help you find this list. I think we should then look at the membership of several major organizations -- the Business Council on Sustainable Development, the Pew Center on Climate Change, Environmental Defense for starters, to find some other high-profile companies with a stated committment to environmental protection.

Jeff Shields will look at the large commercial and industrial customers targeted in Oregon as they are ENA, not EES target customers (Enron has an arbitrary SEC-code distinction for who ENA targets vs who EES targets and industrial customers are definitely ENA fodder). As for the other industrial accounts in other states, most of them are mines, aluminum smelters and that sort and are probably not our principal target audience.

Thx,

Elliot


Just to let you know, Ken Krisa will be in town on Monday, 9/18 for the
Crescendo pre closing.


Avinash,

Please, contact Zimin Lu.

Vince

 -----Original Message-----
From: 	Jain, Avinash
Sent:	Monday, May 21, 2001 5:45 PM
To:	Kaminski, Vince J
Cc:	Ballard, Phillip
Subject:	LIBOR Calculation

Mr. Kaminski,

We (Energy Capital Resources) are trying to put together a model in Excel that will calculate a LIBOR swap rate given cashflows from our Volumetric Production Payments. The trading desk says your group might have some models that were used to approved their trading system. Do you have anything that can help with this?

Avinash Jain


November 14, 2001

Dear Power Industry Professional:

Electric Utility Consultants, Inc. has published proceedings for the following recently-held conferences of great importance to the electric power industry.

The titles, table of contents, and ordering information for the new conference proceedings are listed below:

Conference Proceedings

Ancillary Services Conference-$149

<http://www.euci.com/proceed_conf_toc.asp?ProceedID=7>

Performance Management for Electric Distribution Companies-$149

<http://www.euci.com/proceed_conf_toc.asp?ProceedID=31>

Power T&D Asset Management Conference- $149

<http://www.euci.com/proceed_conf_toc.asp?ProceedID=30>

Power Generation Asset Management Conference-$149

<http://www.euci.com/proceed_conf_toc.asp?ProceedID=29>

Distributed Generation Conference-$149

<http://www.euci.com/proceed_conf_toc.asp?ProceedID=12>

We have several other conference/workshop proceedings listed on our website at www.euci.com <http://www.euci.com/>.

Upcoming Conferences

Please click on the links provided below to review the program agendas and registration information for the upcoming conferences:

Performance-Based Ratemaking: Theory and Applications Workshop, Dec. 5, 2001, Denver, CO

<http://www.euci.com/wrkshpoverview.asp?ConfID=9&WrkshpID=4>

Performance-Based Ratemaking Conference, Dec. 6-7, 2001, Denver, CO

<http://www.euci.com/confoverview.asp?ConfID=9>

 Power Market Design Workshop, Dec. 12, 2001, Denver, CO

<http://www.euci.com/wrkshpoverview.asp?ConfID=12&WrkshpID=7>

Electric Power Market Performance Conference, Dec. 13-14, 2001, Denver, CO

<http://www.euci.com/confoverview.asp?ConfID=12>

 Electricity Risk Management 101 Workshop, Jan. 22-23, 2002, New York City, NY

<http://www.euci.com/wrkshpoverview.asp?ConfID=13&WrkshpID=8>

Portfolio Optimization for Electric Utilities Conference, Jan. 24-25, 2002, New York City, NY

<http://www.euci.com/confoverview.asp?ConfID=13>

Transmission Expansion and Systems in Transition, Feb. 6-7, 2002, Miami, Florida

<http://www.euci.com/confoverview.asp?ConfID=14>

Lessons from Transmission Pricing in Competitive Systems Around the World, Feb. 5, 2002, Miami, FL

<http://www.euci.com/wrkshpoverview.asp?ConfID=14&WrkshpID=9>

Market-Based Transmission Expansion Workshop, Feb. 8, 2002, Miami, FL

<http://www.euci.com/wrkshpoverview.asp?ConfID=14&WrkshpID=10>

You may order these proceedings or register for any of the conferences online, or via fax at 303-741-0849, or by calling us at 303-770-8800.

Kindly forward this announcement to your colleagues who might benefit from attending these events.

Sincerely,

Laxmi Mrig

Electric Utility Consultants, Inc. (EUCI)
5555 Preserve Drive

Greenwood Village, CO 80121

USA


Fresh off the web site - here are the docs related to the new tariff rates.  Al P. from BPA is willing to come to our office at 10:30 on Friday of this week if you guys are interested.

Stewart