Attached is a summary of my notes at the Socal meeting regarding revised window procedures.  No hand-outs were provided.

Calculation of Receipt Point Capacity
Topock  540 mmcf/d
Ehrenberg 1250 mmcf/d
Needles 800 mmcf/d
Wheeler 800 mmcf/d

New Receipt Points
Kramer Junction 200 mmcf/d
Hector Rd 50 mmcf/d
Both will be available around Feb 1

Basis of Pro-Ration-Current Windows Calculation
Currently, Gas Control provides total receipt point capacity comprised of demand forecast and injection capability and compares to maximum amount of gas that can enter system.  Gas Select prorates interstate's receipt capacity based on prior day's nominations.

New Calculation, Changes and Display
Based on operational maximum with adjustments for maintenance.  SoCal ist aking and applying the current formula for Wheeler Ridge to all the points.  Any changes to operational maximum will probably be due to maintenance and posted on Gas Select.  Customer will choose which points it wants to reduce receipts.  Operating maximums will equal demand forecast plus injections.  Demand forecast will rely on Gas Control weather forecast.  They use Weather Bank as one of their tools.

OFO Declaration
Name changes from overnomination
Can declare before any Cycle
Provide 2 hour notice
Post on Gas Select
Show OFO Calculation on Gas Select

Windows
Reason to set windows was to set limits to prevent too much gas from coming into system
Calculation based on noms which does not work well.  Lots of complaints.   People were complaining that it restricted access to the system.  Eliminating point specific calculation.  Open system to Max Oper. Limits or Contractual Limits.   Will continue to operate Wheeler Ridge under Aug 1 procedures.  No changes to Wheeler Ridge.
Due to the need to maintain operational control, an OFO will be declared when scheduled volumes are greater than the max operating capacity on any cycle.
Replace windows with operational maximum volumes.  If  CPUC approves comprehensive settlement, will post 5 days of information to anticipate OFO's
Now customers will elect which point they will back off instead of using windows.

Scheduling Changes-Nov 1
Gas Select is being rebuilt and will be an internet system in mid-2002 .  No direct dial-up.
Rollover noms-noms will be copied from cycle to cycle
Copy confirmed noms
All noms will be rolled over-will not be at discretion of 3rd party.  However, can still make  changes.  Can still upload new files.

2 Hour Notice
Socal will provide 2 hour notice on  Gas Select of OFO.  Other methods include leaving message on Socal Hotline (213-244-3900) and list of e-mail messages that can go directly to pagers.  Gas Select is official notification.  Courtesy notification is hot line and e mail.  Gas Select is a subscriber- based system mandated by CPUC and must get regulatory change to make free.
OFO's are going to be system wide and not customer specific.  OFO's can be declared intraday.  Once OFO declared, it will be kept for entire day.  Concerned that if call off, will have to put back on.  Don't want to go back and forth.  This decision may be reconsidered once they see how it works.  Many times Socal see an increase of 200 mmcf/day between Cycle 3 and 4 so they are concerned.

Scheduled vs. Capacity-Declare OFO
Nominations may not exceed 110% of expected usage.
Expected Usage is defined as usage for the same day for the prior week.  Can revise expected usage.
No interruptible storage injections allowed during OFO.
Use Elapsed Pro-Rata Rules
Expected Usage-cut nominations to 110% of expected usage so will use same day  of the prior week as proxy.  Generators need to revise expected usage.  Acceptance of changes are at the discretion of SoCal.
Flow Day Diversions don't go into effect until after Cycle 4.  Gas Control will determine if flow day diversion will be allowed.
If call OFO after cycle 3 or 4 and have interruptible storage injections, such storage will be prorationed back under the elapsed prorata rules.
Many people were concerned that interruptible storage will be severely compromised.
If OFO called , Interruptible Storage could be cut under the elapsed prorata rules as follows:

Cycle 1    Nom 1000  ; 0 cut
Cycle 2 Nom 1000; 666 cut
Cylce 3 Nom 1000; 500 cut
Windows will only be implemented during cycle 4 if OFO callled after cycle 3 and no improvement is realized.  Will allocate prorata.  Will use latest scheduled volume and will pro rate by receipt point.  In other words, if OFO declared during Cycle 1 and no relief after 3 cycles, Socal will window Cycle 4 and prorata cut. Parties will determine what gets cut on all the other cycles. For penalty purposes, actual burn from 12 o'clock to 12 o'clock will be used to calculate penalties or MAXDQ if not metered.
For OFO, assume supply delivereis day before and burn is the same day for the prior week.  Declare OFO on prior day's scheduled volume.

For an evening declaration-will use most recent available scheduled volumes.  For example:

         Flow Day 10/4                10/3 Scheduled Volumes
Cycle 1                                    Cycle 2
Cycle 2                                     Intraday 1
Cycle 3				evening cyle 2 on 10/4
Cycle 4                                     Intraday 1 on 10/4

In other words, will look at evening cycle 2 scheduled volumes on the 3rd for declaring OFO on cycle 1 for the 4th.; look at intra day 1 for the 3rd in declaring OFO for cycle 2 on the 4th;  look at evening cycle 2 on 10/4 in declaraing OFO for Cycle 3 on the 4th;  look at intraday 1 on the 4th in declaraing OFO on cycle 4 for the 4th.

Winter Balancing Rules
Effective Nov 1-March 31
No changes.
All customers must comply.
Minimum delivery requirements
50% of daily usage over 5 day period; (Nov 1-5;6-10;)
70% of daily usage depending on storage level
70% daily usage implemented when storage levels equal 20 bcf above peak day min
90% of daily usage depending on storage level
90% rule implemented when storage levels equal 5 bcf  plus peak day min.
Look at storage graph on Gas Select.  Posted 24 hours in advance if the minimum daily is changed.  If go to 70% , current 5 day cycle must end completely, before new % goes into effect.
Must increase storage inventory by 1 bcf above the 70% before going back to 50% rule.
Once 90% rule implemented, will return to 70% as soon as operationally feasible,

Contracted Marketer's customer usage and delivereies are aggregated in one balancing account.

Core Aggregation-subject to 50% daily throughout entire winter period based on DCQ.
Core-50% of daily throughput for the enitre period,; (Patrick Brown group)
Not subject to 70% and 90% rules.

2 types of gas count toward daily obligation- firm storage withdrawal and flowing gas.  As-available storage and imbalance trading do not count.

Burn=measured daily usage thru electronic measurement,
Min DQ-used if customer does not have electronic measurement.

Customer assessed  GIMB charge if total deliveries is less than 50% of total burn over 5 day period.  Customer purchases gas at daily balancing stand-by rate under  G IMB Rate Schedule which is 150% of highest Socal Border price per NGI Gas Daily plus franchise fees and other charges.  Rate is posted at end of every month.

OFO can be declared during undernom season (winter season)


Scott, I l;ook forward to meeting with Andrew at his earliest convenience.

Scott Vonderheide@ENRON
01/11/2000 09:31 AM
To: Michael Burke/Houston/Eott@Eott, Stanley Horton/Corp/Enron@Enron, Susan
Ralph/Houston/Eott@Eott, Dana Gibbs/Houston/Eott@Eott, Lori
Maddox/Houston/Eott@Eott
cc: Mark Koenig/Corp/Enron@ENRON, Paula Rieker/Corp/Enron@ENRON

Subject: EOTT - new analyst at Merrill Lynch

FYI-
I spoke with Andrew Fairbanks, the Merrill Lynch analyst that is going to
start covering EOTT.  He will take over coverage of several MLPs including
Plains, Teppco, and Lakehead.  The transition will probably happen sometime
in March.

I suggested he visit the EOTT offices to meet management.  He will probably
take me up on the offer sometime in early March.

I am sending him historical information on EOTT, as well as the presentation
I prepared for A.G. Edwards.

Scott


Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Rate Department 1-800-248-0404  Option #7
August 29,2000

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cash Out Indices - August 2000

    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                4.1950        3.8250     4.4600
  Zone 2                4.2475        3.8725     4.5075
  Zone 3                4.3000        3.9200     4.5550
  Zone 4                4.3219        3.9402     4.5781
  Zone 5                4.4171        4.0279     4.6782
  Zone 6                4.4960        4.1006     4.7613

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                4.1950        3.8250     4.4600
  Zone 2                4.2475        3.8725     4.5075
  Zone 3                4.3000        3.9200     4.5550
  Zone 4                4.3538        3.9721     4.6100
  Zone 5                4.5647        4.1755     4.8258
  Zone 6                4.7292        4.3338     4.9945

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                4.1950        3.8250     4.4600
  Zone 2                4.2475        3.8725     4.5075
  Zone 3                4.3000        3.9200     4.5550
  Zone 4                4.3749        3.9932     4.6311
  Zone 5                4.6629        4.2737     4.9240

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  4.3000        3.9300     4.5500

For information concerning cash out transactions, please contact
Orie Harris at (713)215-4390.

Stella Yu
Manager - Rate Systems
(713)215-3381

--------------------------ADDITIONAL X12 INFORMATION------------------------
Trans. Svc. Provider: 007933021 - TRANSCONTINENTAL GAS PIPE LINE CORPORATION
   Notice Identifier: L0008291
     Critical Notice: No
      Type of Notice: 6-Other
   Required Response: 5-No Response Required
   Resp By Date/Time: N/A
Notice Eff Date/Time: 08/29/00 07:47:16
Notice End Date/Time: N/A
              Status: 1-Initiate
 Prior Notice Ident.: N/A
____________________________________________________________________________

 - C.DTF


do you guys want to play golf sat morning?  let me know and i will get a tee
time before the game.


You have received this email because the requester specified you as their
Manager. Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000010917&Page=
Approval to review and act upon this request.

Request ID          : 000000000010917
Request Create Date : 12/20/00 9:43:25 AM
Requested For       : joey.taylor@enron.com
Resource Name       : EOL US Backoffice  Bridge Monitor
Resource Type       : Applications


I don't know if I should call this the Ponderosa Pine plant, the Cleburne Plant, or what.  Think I'll refer to it as Cleburne.

Sabra, Joe Parks told me that you handling Lone Start in the future.

I sold 10,000 dth to TXU for tomorrow.  I believe we have sold TXU 10,000 dth everyday this month so far.  Lyn at TXU asked me if the gas was at the same point for tomorrow and I told her "sure" and I have no idea what points our gas is coming from.

I don't know how much time we need to spend on this.  But, I have not put anything in Sitara and I don't know if I should.  I believe Theresa Voss's (on 3 in Enron Center South) group is handling the accounting for this and I don't know what they need.  I'm going to try and meet her today.

Sabra, are you handling this?  Let me know.  If you are, do you want/need/care if this is in Sitara and Unify?  I believe all of the activity for this deal flowed through ENA before bankruptcy.  Now, I believe the partnership makes all the payments and billings and they probably pay ENA a fee.  Joe made it very clear that ENA is NOT supposed to send out an invoice.

thx
chris


Attached is Entergy's response to Clarksdales comments.
---------------------- Forwarded by Reagan Rorschach/NA/Enron on 02/26/2001
06:51 PM ---------------------------

"Marvin L. Carraway" <mcarraway@watervalley.net> on 02/26/2001 06:39:42 PM
To: Reagan.Rorschach@enron.com
cc:

Subject: [Fwd: Revised Draft of Entergy/MDEA Interconnection Agreement]

Return-Path: mgriffen@morganlewis.com
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Subject: RE: Revised Draft of Entergy/MDEA Interconnection Agreement
To: "Blair, Bonnie" <bblair@thompsoncoburn.com>
cc: "Blair, Bonnie" <bblair@thompsoncoburn.com>, cpuadmin@clarksdale.com,
fnorton@morganlewis.com, mcarraway@watervalley.net, oburke@entergy.com,
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Date: Mon, 26 Feb 2001 10:16:38 -0500
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Sorry about that; some got the attachment but others didn't.  Here it is
again.  If this one fails too, please let me know and I'll have a copy
messengered over.

Thanks.

Mike Griffen
Morgan Lewis
(202) 467-7257

(See attached file: MDEA_IOA_2-25-01.doc)

                    "Blair, Bonnie"
                    <bblair@thompsonc        To:
"'mgriffen@morganlewis.com'"
                    oburn.com>               <mgriffen@morganlewis.com>,
"Blair, Bonnie"
                                             <bblair@thompsoncoburn.com>,
                    02/26/01 10:08 AM        cpuadmin@clarksdale.com,
                                             mcarraway@watervalley.net,
priest@yazoopsc.org
                                             cc:     ttownse@entergy.com,
oburke@entergy.com,
                                             fnorton@morganlewis.com
                                             Subject:     RE: Revised Draft
of Entergy/MDEA
                                             Interconnection Agreement

Hi, Mike - - I received your e-mail, but the revised draft agreement was
not
attached, just two versions of your cover note.  Please resend.  Thanks.
Bonnie

-----Original Message-----
From: mgriffen@morganlewis.com [mailto:mgriffen@morganlewis.com]
Sent: Sunday, February 25, 2001 9:00 PM
To: bblair@thompsoncoburn.com; cpuadmin@clarksdale.com;
mcarraway@watervalley.net; priest@yazoopsc.org
Cc: ttownse@entergy.com; oburke@entergy.com; fnorton@morganlewis.com
Subject: Revised Draft of Entergy/MDEA Interconnection Agreement

**********************************************************************
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Lewis, please refer to the firm's web site, now located at
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Please update your address book and bookmarks accordingly.

If you are experiencing technical problems, please call our toll free hot
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The information contained in this e-mail message is intended only for
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the intended recipient or an agent responsible for delivering it to
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 - MDEA_IOA_2-25-01.doc


Start Date: 2/5/02; HourAhead hour: 17;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020517.txt
!!!General SQL error.
Couldn't update; currently locked by user 'Admin' on machine 'NAHOU-TRDTS5'.
Table

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstNW
  MKT_TYPE: 2
  TRANS_DATE: 2/5/02
  TIE_POINT: MALIN_5_RNDMTN
  INTERCHG_ID: ENRJ_CISO_3000
  ENGY_TYPE: FIRM


Here is a summary of the USEC transaction.

Thanks
Ben
3-7998


FYI

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/08/2001
09:03 AM ---------------------------

VKaminski@aol.com on 03/07/2001 11:00:43 PM
To: vkamins@enron.com
cc: isranir@rice.edu, demianen@rice.edu, tbal93@yahoo.com, maue@rice.edu,
loughrid@rice.edu, jblantonjr@yahoo.com, gjohnson@rice.edu,
emchombo@rice.edu, nazareth@rice.edu, vanstone@rice.edu, ganguzza@rice.edu,
nelsonb@rice.edu, sssmith@rice.edu, wheelock@rice.edu, westmore@rice.edu,
gaudette@rice.edu, otaylor@rice.edu, dikeman@rice.edu, jettke@rice.edu,
litton@rice.edu, chilkina@rice.edu, helms@rice.edu, wankhade@rice.edu,
monfan@rice.edu, kostya@rice.edu, pcp@rice.edu, yueguo@rice.edu,
nlwbio@rice.edu, zhangn@rice.edu, rishad@rice.edu, yoshiura@rice.edu,
howard@rice.edu, dayangd@rice.edu, wuwei@rice.edu, so@rice.edu
Subject: Class 1

I am sending the slides for the Class 1. I kindly ask you not to copy and
distribute this document. This is for your exclusive use only.

Vince Kaminski

 - rice01f.ppt


Vince,

 I appreciate your response to my request for you to speak to my
class on real options.  I thought you might enjoy the following exchange of
emails that occurred yesterday.  Perhaps some of these issues could be
addressed in your talk.

 Jim

-----Original Message-----
From: Sheridan Titman
Sent: Friday, March 31, 2000 9:11 AM
To: Jim Dyer
Subject: RE: Real Options Course Feedback

Jim:

Your student has raised some difficult questions.  I would recommend Ehud,
but I thought that the finance people have the answers in cases with
complete markets and that we rely on the decision science people for cases
with incomplete markets.

If it would help, I can come in at 6pm after my class in a couple of weeks.

Sheridan

Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179

512-232-2787 (phone)
512-471-5073 (fax)

titman@mail.utexas.edu

-----Original Message-----
From: Jim Dyer
Sent: Thursday, March 30, 2000 4:37 PM
To: Sheridan Titman
Subject: RE: Real Options Course Feedback

Sheridan,

 Which of your classes do you want to miss?  Just kidding.  Actually
you probably told me that before.  Can you suggest someone else who would be
a good choice to discuss the use of option theory in the context of
incomplete markets, and to address some of the types of questions raised in
the note from the student?

 Jim

-----Original Message-----
From: Sheridan Titman
Sent: Thursday, March 30, 2000 5:58 PM
To: Jim Dyer
Subject: RE: Real Options Course Feedback

Jim:

I teach at the same time as you do.

Sheridan

Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179

512-232-2787 (phone)
512-471-5073 (fax)

titman@mail.utexas.edu

-----Original Message-----
From: Jim Dyer
Sent: Thursday, March 30, 2000 11:32 AM
To: Sheridan Titman
Subject: FW: Real Options Course Feedback

Sheridan,

 See the comments below.  I don't mean to put you on the spot, and
have not announced anything in class, but I am hoping that you could visit
my class for about an hour one Thursday afternoon to discuss your views
regarding applications of option pricing concepts to "real options".  As a
reminder, I've attached a course outline.  Chris Kenyon from Schlumberger is
speaking on April 13, and Vince Kaminski has tentatively agreed to speak on
April 20.

 I am going to be out of town on April 27, so that leaves either next
Thursday (April 6) or May 4.  Would either of those times work for you?  I'm
not thinking of any preparation, but more of an informal discussion of the
"philosophical issues" related to real options work.

 Jim

-----Original Message-----
From: Jim Dyer
Sent: Thursday, March 30, 2000 1:24 PM
To: 'jclevenger@optionii.bus.utexas.edu'
Subject: RE: Real Options Course Feedback

Josh,

 Some very thoughtful observations.  As you know, I had invited one
finance professor to our class on Arundel, but he was out of town.  I do
plan to invite Sheridan Titman to discuss the issue of using the option
models in situations where there is no underlying security that is traded.
I do think it is important to face that issue, which is actually covered at
a theoretical level in our last couple of readings.

 The issue of volatility is also an excellent issue for further
discussion, as you suggest.  So far, we've been looking at cases where
volatility is "given".  The problem of finding an "objective" measure of
volatility for a project reminds me of the problem of finding the correct
risk adjusted discount rate, which is not surprising since the concepts are
almost two sides of the same plate.  One approach, of course, is to do some
modeling using traditional decision analysis tools, including subjective
probabilities, but the finance people who write options articles don't like
to think  about such ideas.

 I'll try to address these issues in more detail as the semester
continues.  I think it was important to surface some of these points early,
and to come back to them after we have seen how to apply the methods in a
naive sort of way.

 Thanks for the feedback and comments.

 Jim

-----Original Message-----
From: jclevenger@optionii.bus.utexas.edu
[mailto:jclevenger@optionii.bus.utexas.edu]
Sent: Thursday, March 30, 2000 8:42 AM
To: Jim.Dyer@bus.utexas.edu
Cc: josh-clevenger@reliantenergy.com
Subject: Real Options Course Feedback

After overcoming the initial (I hope) overload of materials and tools
presented
thus far in the semester, it appears to me that you are achieving the
objective
of making us comfortable with optionality valuation as applied to a variety
of
problems which are outside the borders defined by a liquid market of traded
financial elements.

As a constructive feedback, you have been forthright with us in marking off
areas of this subject which are still controversial.  I also realize that
rightly so, real-world application of this type of analysis without a robust
understanding of finance may degenerate into a succession of assumptions
that
result in a "house of cards" effect.  My opinion at this point is that two
issues are of potentially "make-or-brake" importance if I am to persuade my
superiors to accept these methods for valuations outside the realm of
projects
whose value is primarily driven by the value of commodities backed by
financial
instruments.  These issues are easy to guess:

1)  Discounting and Risk Free rates:  I do not sense that anyone in the
class
has put forth convincing arguments as to the proper application of time
value
questions in the absence of liquidity.  Is there someone within the finance
department that can present a firmer position on this question?

2)  Volatility: I found Winston's examples on this metric succinct.  I would
recommend that in future years you dedicate some hours of class time to this
subject.  My criticism again relates to messy problems.  I anticipate
arguments
against real option applications based on the dispute of volatility
measures.
If I were a conservative financial manager, I would argue that:

*** Two-a: implied volatility derived from an industry specific slice of
equity
options is a shotgun approach -- the projects being valued are of a tranche
which may in fact have a significantly different outcome variance than the
weighted average measured by the equities utilized.  Oil, gas and electricty
are
good examples the major players are competing on many different levels of
the
value chain. Smaller companies do exist which are dedicated to one strata,
but
what about projects that want to exploit opportunies across strata in a
vertically integrated company?

*** Two-b: based on the following skepticism - if a real option value is
being
proposed for a new business venture (some new unexploited opportunity,)
there is
some paradox embedded in the increased value based on high volatility in new
ventures and the high risk of failure.  This skepticism is likely to be less
acute in high-tech sectors where the huge upside of new ventures is paraded
before us daily by NASDQ touts.  It is a much harder sell to "mature"
industries.

Of particular interest in the power industry are investments centered around
opportunities arising from restructuring of electricity and natural gas
sectors
as regulation is removed.  A large proportion of the risk is embedded in
ongoing
changes of public policy on an international basis.  As an intentionally
screwed-up example, can anyone other than a financial genius correctly asses
volatility for U.S. companies investing in seed projects in Mexico based on
speculation of the inevitable dismantling of the national utility (CFE) and
PEMEX?

James S. Dyer
Fondren Centennial Chair in Business
Department of Management Science and Information Systems
CBA 5.202
The University of Texas at Austin
Austin, Texas 78712-1175

Email:  j.dyer@bus.utexas.edu
Telephone:  512-471-5278
Fax:  512-471-0587


Paul S. Aronzon
213-892-4377 (W)
213-629-5063 (F)

Jeffrey Barist
212-530-5115 (W)
212-530-5219 (F)

Michael H. Diamond
213-892-4500 (W)
213-892-4700 (F)

Doug Dunn
212-530-5062

Mel Immergut
212-530-5730


Yes,  the lawyers have requested separate guaranties for each fund.  SS

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Tiger

Not sure what you mean by other animal gtees. Are these the individual ones
for each separate fund or the one single gtee to cover Tiger as umbrella to
their funds?
Per

Sara Shackleton
10/22/99 10:02 AM
To: Per Sekse/NY/ECT@ECT
cc: Susan Bailey/HOU/ECT@ECT
Subject: Re: Tiger

Yes, as long as the Tiger lawyers do their bit.  Please call Susan Bailey
about the guaranty and she can have it prepared for execution.  Question:
Are we only preparing the Tiger guaranty or other animal guaranties as well?
SS

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Tiger

Email works fine. It must be a drag trying to work when you can't discuss the
issues. Do you think we have a good chance of getting to signed docs next
week? Have we gotten the process going to have our gtee issued now that the
wording is agreed? (You mentioned it takes some time to get that pushed
through the proper channels).

Per

Sara Shackleton
10/22/99 09:41 AM
To: Per Sekse/NY/ECT@ECT
cc:
Subject: Tiger

I still can't talk.  I think that our response should be final except that
there may be some agreed to changes on the L/C side.  Carol St. Clair is
addressing that with Jennifer and Miriam.  In any event, I believe that Tiger
needs to "OK" our response of yesterday since there were some errors on their
redraft.  Marie is not in the office today.  If you want to speak to a
person, call Susan Bailey and she can come into my office and we can manage.
Have a good weekend.  Sara


WoodFuel.com allies with Future Energy
HOUSTON, Dec. 6 (LocalBusiness.com) -- Houston-based WoodFuel.com has teamed
up with Atlanta's Future Energy Resources Corp. to supply raw wood materials
that are targeted to fire up environmentally friendly power plants in Texas.
The power-generating stations would use Future Energy's SilvaGas process,
which converts agricultural, municipal and forestry wastes into a
clean-burning gas that substitutes for natural gas.
The process is designed to significantly reduce environmental impact compared
to fossil fuel-based power plants, including the elimination of net carbon
dioxide emissions, the company said.
"Texas regulations and energy demands make Texas an ideal location for green
energy," said Asfaha Tesfai, senior VP of business development for Future
Energy. "This alliance will ensure sufficient fuel availability to proceed
with project development."
In August, Future Energy operated its SilvaGas process on a commercial scale
at a demonstration plant in Burlington, Vt., which converted more than 285
tons of wood chips into enough of natural gas substitute to power 6,000
homes.
The private company designed and built the plant in partnership with the U.S.
Department of Energy, which provided technical assistance and funding for
facility construction, and the Burlington Electric Department.
Future Energy now is working to develop relationships, such as its alliance
with WoodFuel.com, that would help it commercialize the process.
Privately held WoodFuel.com is a business-to-business, e-commerce company
that links buyers and suppliers of raw wood material online. The company
aggregates wood fuel from its network of suppliers and delivers the wood as a
renewable energy resource.
Since its April launch, WoodFuel.com said it has created a total of 283 new
accounts and sold 15,845 tons of wood fuel.
_______________________________________________________

Clearinghouse puts pieces in place for 2001

12/05/2000
Gas Daily

Over-the-counter (OTC) energy clearinghouse EnergyClear moved one step closer
to its planned 2001 launch, choosing onExchange's technology platform for
EnergyClear's online trading system.

OnExchange, which works with electronic exchanges to add risk-management
capabilities for their customers, said EnergyClear initially will offer its
services to traders in the wholesale gas and power markets. As early as next
spring - once the system comes online - it will provide centralized
comparison, netting and settlement of OTC energy contracts for trades
executed over the phone or through electronic marketplaces, onExchange says.

EnergyClear Co-founder and President Lee Burton said the implementation of
onExchange technology satisfies a long-standing need in the OTC markets,
while providing other benefits as well. "The OTC markets have been seeking
the efficiencies of multilateral clearing for some time now and, in
conjunction with . . . onExchange, EnergyClear offers the first neutral,
independent, unbiased clearing solution," Burton said.

OTC energy contracts currently are negotiated between principals, via
electronic exchanges or through interdealer brokers over the telephone.
Future markets planned for the clearinghouse include petroleum products,
crude oil, petrochemicals and bandwidth.

With the deal, EnergyClear becomes onExchange's first customer. Terms of the
deal were not disclosed.

IDC analyst Aaron McPherson suggested a bright future for EnergyClear.
"Online forwards and derivatives trading and clearing solutions typically
deliver a five- to 10-fold increase in trading volume over underlying cash
markets. These solutions will improve the overall efficiency of the energy
market, allow energy companies to manage their risk much more effectively and
increase liquidity."

Houston-based EnergyClear is comprised of EnergyClear Corp. and EnergyClear
Operations Co. (EOC). EOC is owned by the Bank of New York, Prebon Yamane and
Amerex. CH
_________________________________________________

Credit Lyonnais to launch B2B marketplace next year.

12/06/2000
Les Echos
P32
(C) Copyright 2000.

Credit Lyonnais has announced the launch in spring 2001 of a B2B marketplace,
Seliance, in association with Internet incubator Chrysalead, France Telecom
and computer services firm Euriware. After a first round of financing
Seliance has capital of EUR 12m. The site, in which Credit Lyonnais has a 75%
stake, will come into operation in the second quarter of 2001.

___________________________________________

o Report: Softbank Puts European Joint Ventures on Hold

NEW YORK -- Softbank has stopped investing through
two joint ventures aimed at bringing U.S. technology
companies to Europe, according to a report in the
Wall Street Journal. eVentures U.K., a $50 million
fund set up with News Corp.'s epartners, has shut
down and its 12 employees have been laid off. Softbank
and Vivendi's 500 EUR fund, @visio, which focused
on continental Europe, has also stopped making new
investments and will concentrate on is portfolio,
according to the report. Softbank will continue
to make direct early-stage investments in Europe,
according to the report.
http://www.softbank.com/
_____________________________________________

o Merrill Lynch Launches New Venture Fund For Employees

NEW YORK -- Merrill Lynch announced the launch of
the Internal Venture Capital Fund, a fund created
for Merrill Lynch employees. The new venture will
support and fund business plans created by Merrill
Lynch employees, specifically in financial services
technology. Merrill Lynch will use Cap Gemini Ernst
& Young, efinanceworks, and Startup factory for
investment strategies and additional support. Merrill
Lynch said it plans to invest in the new companies
with the possibility of becoming the first client
or strategic partner once the product comes to market.
The fund expects to provide seed funds to three
to four companies by early next year.
http://www.ml.com/

______________________________________________________-

o Corporate Wireless Apps Firm Nisus Gets $2 Million Round One

WESTBOROUGH, Mass. -- Nisus, a firm that develops
wireless applications for businesses, said it has
raised $2 million in its first round of financing
from undisclosed corporate and individual investors.
The firm also announced co-founder Satish Vankayalapati
as CEO. Mr. Vankayalapati was formerly a management
consultant with McKinsey and an executive and board
member of Avantel. The firm additionally announced
the names of board members Keith Block, senior vice
president of Oracle's North American consulting
and global data warehousing businesses; Arthur L.
Cherry, Jr., president and CEO of Federated Management
Services and a former senior executive at Scudder
Investments; and Robert Rudelius, Chairman and CEO
of MediaDVX, former President and COO of Control
Data Corporation, and former global head of the
media and entertainment division of AT&T Solutions.
http://www.nisus.com/
_____________________________________________

o Network App Firm Lumeta Raises $250,000 Series A

SAN FRANCISCO -- Lumeta, a network management and
security application firm, said it has raised $250,000
in a Series A round from meVC Draper Fisher Jurvetson
Fund I, Draper Fisher Jurvetson, and Draper Fisher
Jurvetson Gotham Ventures of New York City.
http://www.lumeta.com/
_____________________________________________

o Wireless Apps Firm InPhonic Has Third Round, Ups Staff by 32

WASHINGTON -- InPhonic, a business-to-business infrastructure
firm that focuses on creating branded wireless communities
and virtual private label wireless networks, said
it has raised an undisclosed amount of third round
funding from Riggs Capital Partners, RAF Net Ventures,
CMS, and the Mid Atlantic Venture Fund. John Sculley,
former CEO of Apple Computer and PepsiCo, also participated
in the round. The company confirmed that it has
raised in excess of $121 million to date, including
this round. The company also said it has added 32
employees in sales, customer support, and the mobile
commerce division.
http://www.inphonic.com/
_____________________________________________

o B2B App Firm NetVendor Lands Funding from CommerceOne

ATLANTA -- NetVendor, which provides business-to-business
software for direct materials suppliers, said it
formed a strategic alliance with Commerce One, a
publicly-traded marketplace for buyers and suppliers.
Commerce One invested equity in the company, between
$5 million and $10 million, and will be featured
as a link in NetVendor's software. NetVendor received
$52 million in May from Internet Capital Group,
Wheatley Partners, RRE Ventures, CSFB Private Equity,
and Bluevector.
http://www.netvendor.com/
_____________________________________________


My pleasure and thank you!!!

Do you know the size of your bike, and, a stupid question for you, do you
have to have special shoes for it (clips)?

My guy friend is well!!  We had dinner on Friday and went to a Mardi Gras
party in the Heights on Saturday.  We had a lot of fun, and, I even behaved
myself!!!  It was VERY difficult!!

Let me know a night this week that I could come by and do a test drive.

Thanks again.

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com]
Sent: Monday, February 26, 2001 8:10 AM
To: pyoung@cliverunnells.com
Subject: Re: Monday

Offer still good.  How goes things with the new beau?  Also, thanks for the
cooked meats.  They were delicious!

                    "Patti Young"
                    <pyoung@cliverun        To:     "Tana Jones"
<tana.jones@enron.com>
                    nells.com>              cc:
                                            Subject:     Monday
                    02/26/2001 12:08
                    PM

Morning, Glory,

Hope you are doing well and had a good weekend.

I am still considering the MS 150 and wanted to know if your offer is still
good for borrowing your bicycle.  If you have changed your mind, it is no
big deal.  Promise!

Patti


?
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																				Enerfax Daily

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																														")} TC
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																																Looking  for a past article or issue. Click here to use Sagewave's  Search.

																															Enerfax  Daily? -? Page  ? -? November 27,  2000

																																							[IMAGE]

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																																						Enerfax  Daily? -?  Page 4? -?  November 27, 2000 -? ?  Past  Issues
Available on Sagewave

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																																	Consultant Says Mexico to Pay Billions for Natural Gas

																																	? ?  Mexico, over the next decade, will likely need to spend $40.6  Billion
to import natural gas, given Pemex's failure to conduct  adequate capital
investment, consultants Consultores Internacionales  have said in a report.
The estimate assumes an average price for  natural gas of $4.50 per MMBtu
over the period. In a more  conservative scenario, with the average price of
natural gas at  $3.50 per MMBtu, the country over the next 10 years would
need to  spend $31.6 billion dollars on natural gas imports, according to
the  report. Under both scenarios, estimates expect that Mexico will need  to
import 24.7 Bcf of natural gas during the coming decade.

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																									Natural? Gas? Storage?  Report

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																												? ? ? ? ? ? Week?  ? ? ? ? ? ? ? ? ?  ? ? ? ? ? ? ? ?  Prev?
																												? ? ? ? ?  ?Ending? ? Prev? ? ? ?  ? ? ? ? ? ?Prev? ?  Year? ?
																												| Region | 11/17/00| Week | Diff | % Full | Year |  % Full
																												|  Prod? ?|? ?664? ?|? 688 |  -24? |? 70%? ?|? 843 |?  89%? ?
																												| East? ?|? 1643?  ?| 1682 | -39? |? 90%? ?| 1711  |? 94%? ?
																												| West? ?|? ?341?  ?|? 372 | -31? |? 67%? ?|?  442 |? 87%? ?
																												|? ? ? ?  |? ? ? ? ?|? ? ?  |? ? ? |? ? ? ? |?  ? ? |? ? ? ?
																												| Total? |? 2648?  ?| 2742 | -94? |? 80%? ?| 2996  |? 91%? ?

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																																											Enerfax  Daily? -?  Page 7? -?  November 27, 2000

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																																				September Canadian Natural Gas Sales

																																				Natural gas sales totaled 4.22 billion cubic meters in  September, up 10.2%
over September 1999. The increase was the result  of increased demand by the
industrial and residential sectors. Use  by the industrial sector rose 11.7%,
amid higher use of natural gas  for electricity generation and stronger
demand by the chemical  industry. Year-to-date sales were up 7.1% over the
same period in  1999. Industrial sector sales continued to grow strongly,
posting an  11.1% increase. Consumption by the residential sector increased
1%,  while the commercial sector decreased 1.1%.

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Taffy - would you please add these meetings to my calendar.

Thanks

Mark
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
05/03/99 04:58 PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Cindy Shaffer                           04/29/99 01:11 PM

To: Sally Beck/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Dan Bruce/HOU/ECT@ECT,
Jordan Mintz/HOU/ECT@ECT, Georgeanne Hodges/HOU/ECT@ECT, Paige B
Grumulaitis/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT, Mark - ECT Legal
Taylor/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Roger Ondreko/HOU/ECT@ECT,
Christine Lee/HOU/ECT@ECT, Thomas Bauer/AA/Corp/Enron@Enron, Debra
Cash/AA/Corp/Enron@Enron, John Sorrells/AA/Corp/Enron@Enron, Michael
Schultz/AA/Corp/Enron@Enron, James J Brown/AA/Corp/Enron@Enron, Wanda
Curry/HOU/ECT@ECT
cc: Carmella Jones/HOU/ECT@ECT, Darlene C Forsyth/HOU/ECT@ECT, Renee
Ingram/HOU/ECT@ECT, Veronica Valdez/HOU/ECT@ECT, Martha Reyna/HOU/ECT@ECT,
Lorraine Becker/HOU/ECT@ECT, Sylvia T Sauseda/HOU/ECT@ECT, Gretel
Smith/HOU/ECT@ECT, Karen Myer/GPGFIN/Enron@Enron
Subject: Monthly Audit Meeting Schedule through Year-end

We have scheduled the Monthly Audit Meetings through year-end for the last
Wednesday of each month, from 9 am -10 am, in EB 32C1.  I have outlined the
dates below.  Please mark your calendars.

 May 26
 June 30
 July 28
 August 25
 September 29
 October 27
 November 24
 December 29

Thanks.


FYI
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 01/13/2000
09:49 AM ---------------------------

	Enron North America Corp.

	From:  Marie Heard                           01/12/2000 04:28 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Brokerage Account/CIESA Transaction

FYI!
---------------------- Forwarded by Marie Heard/HOU/ECT on 01/12/2000 04:27
PM ---------------------------

Andrea Bertone@ENRON_DEVELOPMENT
01/12/2000 04:50 PM
To: Nancy Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Bruce Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Hopkinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Glenn E
Matthys/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard@ECT
Subject: Re: Brokerage Account/CIESA Transaction

Nancy: I just spoke to Rick and he confirmed that EPCA is the company that
needs the brokerage account. I also just learned from Kishkill that we would
like to start trading as early as Friday, if possible. We would appreciate if
you could help us speed up the process. Please let me know if you need any
further information. Thanks.

Nancy Muchmore
01/12/2000 05:25 PM
To: Bruce Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Hopkinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Andrea Bertone/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Glenn E
Matthys/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard@ECT

Subject: Brokerage Account/CIESA Transaction

Please let me know which company needs to open a brokerage account in
connection with the CIESA transaction.  Once you tell me which company it
should be, we can start the corporate authorization process and I will
coordinate with Marie Heard of ENA concerning other information she'll need
in connection with opening the account.

Please bear in mind that it will take some time (I'm not certain exactly how
long--I will find out) to get all of the proper authorizations and other
paper work into place, once you have decided on the company.

Nancy


Member Services
Notice No. MS-25
April 26, 2001

COMMODITY EXCHANGE, INC.

 NOTICE OF INTENTION TO TRANSFER MEMBERSHIP

Notice of Intention to Transfer Membership has been posted on the bulletin
board of the Exchange by:

Steven Furman (SONY-4787)

In connection therewith, notification of any claims against the
aforementioned individual arising out of transactions executed on the
Exchange up to the close of business on April 26, 2001, must be submitted to
the Corporate Secretary's Office within ten (10) days.

Inquiries regarding the above should be directed to the Member Services
Department at (212) 299-2370.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(MS-25)"

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.


you didn't think that was funny chief?


---------------------- Forwarded by Mark E Taylor/HOU/ECT on 10/11/99 03:22
PM ---------------------------

	From:  Stephen H Douglas                           09/05/99 05:05 PM

To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc: Jeff Blumenthal/HOU/ECT@ECT
Subject: Revised GTCs

Mark, the following tax changes to the various financial GTC's and weather
swaps are those that we have spoken about and effectively adopt the approach
of our Master ISDA's with regard to taxation.  Just wanted to keep you in the
loop.  I will be out on Tuesday but, should you need to, you can follow up
with Jeff Blumenthal.  Best regards.
---------------------- Forwarded by Stephen H Douglas/HOU/ECT on 09/05/99
05:04 PM ---------------------------

Jeff Blumenthal
09/03/99 02:24 PM
To: David Forster/LON/ECT@ECT
cc: Tara Sweitzer/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT
Subject: Revised GTCs

Dave,

Attached below are the OnLine GTCs that contain the appropriate U.S. federal
tax language.  As you'll see, our changes are reflected either by underline
or strikeout in each of the documents.  The 3 attachments below are as
follows:

  1.  ENA financial GTC
  2.  Enron Canada financial GTC
  3.  ENA HDD swap GTC

As you know, ENA financial (credit) and Enron Canada financial (credit) GTCs
exist in addition to the ENA financial and Enron Canada financial GTCs.  The
language that we inserted in the attached ENA financial and Enron Canada
financial GTCs should also be inserted in the ENA financial (credit) and
Enron Canada financial (credit) GTCs.  In addition, there are several weather
derivative swap GTCs.  The language set forth in the attached ENA HDD swap
GTC will need to be inserted in all other ENA weather derivative swap GTCs
(credit and non-credit).

Also, please note that the message you forwarded to me from Leslie Hansen
appears to relate to the U.S. state tax language to be inserted into certain
GTCs.

Please call me at 3-5777 if you'd like to discuss further.

Best regards,

Jeff
---------------------- Forwarded by Jeff Blumenthal/HOU/ECT on 09/03/99 12:12
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Devetski, Tim" <tdevetski@velaw.com>
08/23/99 03:29 PM

To: Jeff Blumenthal/HOU/ECT@ECT
cc: "Gerachis, George" <GGerachis@velaw.com>
Subject: Revised GTCs

Per our (separate) discussions, I have revised the GTCs to reflect (i) the
counterparty's representation that it is a domestic corporation (which, if
correct, would permit us to avoid back-up withholding on reportable
payments, if any, made pursuant to this GTC) and (ii) the requirement that
we provide the relevant forms to the counterparty in the event the
counterparty notifies us that it is not a domestic corporation.

 <<ENA Financial GTC Version 3.doc>>  <<Canada Financial GTC Version 3.doc>>
 <<HDD Swap (credit) Version 3.doc>>

 - ENA Financial GTC Version 3.doc
 - Canada Financial GTC Version 3.doc
 - HDD Swap (credit) Version 3.doc


Steve Kean will be in San Diego for the electricity hearing on the 11th.  Can
either of you suggest a hotel in close proximity to the hearing site?  It
will be held at the County Adminstration Center Building, 1600 Pacific
Highway in San Diego.  Thanks.


Mike, attached are the parameters that we would prefer to see in an RFP for
the electrical commodity in California.  This approach in any RFP would help
us get the best bid possible for a solicitation.

I understand from our converstaion of last week that Edwards is contemplating
adding the electrical commodity to the RFP that is intended to be used for
privatization of the Edwards electrical distribution system.  Given this, we
have put our jurisdictional discussions with the CPUC on hold pending your
resolution of the content of the RFP.  We cannot request any dispositive
action from the commission on jurisdiction until we can accurately
characterize the elements of the transaction.  Please advise us, as early as
possible whether or not the commodity will be included, and if so, how its
inclusion will be structured.

Jeff/Bob, please comment on the content of the attachment, too.


Plan to put this on the website (probably post-phase 2).  Please let me know
of any comments...


Hello Kenny,

Just a couple of things.  One our stock is up again today  now it is up 2 at
62$  I was wondering if we should sell some?  What is your opinion.
Also I have some reading for you tonight - The Skiliing Story is all over the
Gas Market.  (I told Ya).  I know that Clayton has soccer tonight - dont
worry about dinner , I would actually prefer some of that Turkey tonight.

I love you


FYI.  Here is an update from the EES meeting this morning with action items.

Jim

----- Forwarded by James D Steffes/NA/Enron on 03/01/2001 10:46 AM -----

	David W Delainey@EES
	03/01/2001 10:37 AM

		 To: Marty Sunde/HOU/EES@EES, Don Black/HOU/EES@EES, Dan Leff/HOU/EES@EES,
Janet R Dietrich/HOU/EES@EES, James D Steffes/NA/Enron@Enron, Jeremy
Blachman/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Scott Gahn/HOU/EES@EES
		 cc:
		 Subject: California Action Items

Guys, a quick follow up on action items:
 CALIFORNIA:
 a) UC/CSU - send notice of default to them to start the clock ticking on the
mediation and arbitration this will also give us time to complete the
remaining transfer of the existing accounts on SCE - MS/VS - ASAP;
 b) '02 California positions - need update from regulatory giving us a view
of the following:
    - possible market structure (ie) probability of direct access or forced
direct access for our customers where we would be required to deliver market
priced power to fulfull our requirements in a post AB 1890 world?; - JS - ASAP
    - if it is likely that these customers will be left on tariff because of
a lack of direct access or that we can elect to leave them on a tariff what
are the likely tariff structures ( and their components) to replace AB
1890?;  - JS - ASAP
    - given above what are the likely tariff increases expected; - JS - ASAP
     - and what are we currently doing to perfect our lien (regulatory) and
ultimately legally on the collection of the negative CTC from the utilities -
JS/VS - next week.
 Ultimately, we want to make a call on what we do with these MWhrs early next
week.
 c) position reports - need a full WSCC energy, scalar, capacity,
physical/financial, "index", load shape exposures etc position reports on a
go forward basis - JD/DB - ASAP
 d) "pass through" risk - due diligence on the basis and other risks
associated with these index or pass through deals; - JD/DB - next week
 e) risk matrix - document percieved risk/return matrix (market, regulatory,
credit, etc) for continuing to deliver fixed price physical or financial
power commodity products through bundled & commodity deals or blend and
extend for existing D-DASRed PGE and SCE customers. This will provide us the
pricing, structure and profitability parameters necessary to continue to take
certain defined risk - SG/DB - next week.
 f) deal pipeline - full listing of volumes, possible pricing structure and
timing for future bundled, commodity and "blend and extends for D-DASRed
customers" in the deal pipeline for California - JB/SG/MS for Melvin and
others - ASAP

 NEW YORK:
 a) position reports - need a full NYC energy, scalar, capacity,
physical/financial, "index", load shape exposures etc position reports on a
go forward basis - JD/DB - ASAP;
 b) regulatory and political framework - comprehensive review of issues,
challenges et al in the emerging crisis debate in NYC - JS - next week;
 c) risk matrix - document percieved risk/return matrix (market, regulatory,
credit, etc) for continuing to deliver fixed price physical or financial
power commodity products through bundled & commodity deals for NY customers.
This will provide us the pricing, structure and profitability parameters
necessary to continue to take certain defined risk - SG/DB - next week;
 d) deal pipeline - full listing of volumes, possible pricing structure and
timing for future bundled and  commodity deals in the deal pipeline for NY -
JB/SG/MS for Melvin and others - ASAP

 FLORIDA:
 a)position reports - need a full Florida energy, scalar, capacity,
physical/financial, "index", load shape exposures etc position reports on a
go forward basis - JD/DB - ASAP;
 b) deal pipeline - full listing of volumes, possible pricing structure and
timing for future bundled and  commodity deals in the deal pipeline for
Florida - JB/SG/MS for Melvin and others - ASAP.

Regards
Delainey


[IMAGE]

   [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]       [IMAGE]   [IMAGE]   [IMAGE]   [IMAGE]   [IMAGE]     	 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]          Updated: Oct. 26, 2001     [IMAGE]      [IMAGE]   [IMAGE]    [IMAGE] [IMAGE] [IMAGE]           Boosting the capacity of the SPR  Energy policy may be the culprit that derails the current unity of the nation's lawmakers. Debates about oil imports, Alaska's Arctic National Wildlife Refuge (ANWR), vehicle CAF? standards and the like inflame partisan divisiveness like few other topics. [IMAGE] [IMAGE]         [IMAGE]     [IMAGE] [IMAGE]       [IMAGE]      [IMAGE] [IMAGE]   [IMAGE]           [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]            [IMAGE]             [IMAGE] [IMAGE]   [IMAGE]            [IMAGE]   [IMAGE]           [IMAGE] [IMAGE]             [IMAGE] [IMAGE]   [IMAGE]          [IMAGE] [IMAGE]     [IMAGE]       DOE offers 'path' to fix California bottleneck Public-private alliance outgrowth of Bush mandate  Somewhat eclectic group bands together   [IMAGE] [IMAGE]        [IMAGE]   [IMAGE]   [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]     [IMAGE]       Utilities slow to buy into ASP market ASPs allow companies to focus  Customer service function a key attraction   [IMAGE] [IMAGE]        [IMAGE]  [IMAGE]    [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]     [IMAGE]       The number of tabled, canceled projects growing Figures dwarfed by continuing project proposals  Announcements easy, follow-through isn't   [IMAGE] [IMAGE]        [IMAGE]   [IMAGE]   [IMAGE] [IMAGE]             [IMAGE] [IMAGE]             [IMAGE] [IMAGE]   Enron faces class action suit full story...   Apache blasts excessive speculation in U.S. gas markets full story...   Little chance of energy policy vote in Senate full story...   Parker Drilling makes deal with Russia's Tyumen full story...   Enron's ousting of CFO only raises more questions full story...   Trans-Elect acquiring CMS Energy's wires full story...   Williams proposes Western Frontier Pipeline full story...   NYPSC approves Nine Mile Point sale to Constellation full story...   FERC rejects please to reconsider Kern River approval full story...   Ontario's deregulation plan moving forward full story...   To view all of today's Executive News headlines,  click here               [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]         [IMAGE] [IMAGE]  Copyright ? 2001 - Platts, All Rights Reserved   [IMAGE]   Market Brief  Thursday, October 25  Stocks Close Change % Change DJIA 9,462.90 117.3  1.25% DJ 15 Util. 298.31 6.1  2.07% NASDAQ 1,775.47 43.93  2.54% S&P 500 1,099.29 14.9  1.37%     Market Vols Close Change % Change AMEX (000) 193,551 50,268.0  35.08% NASDAQ (000) 2,267,926 378,661.0  20.04% NYSE (000) 1,370,258 31,158.0  2.33%     Commodities Close Change % Change Crude Oil (Dec) 21.93 (0.33) -1.48% Heating Oil (Nov) 0.6295 (0.010) -1.56% Nat. Gas (Henry) 2.95 (0.140) -4.53% Propane (Nov) 39.3 (0.200) -0.51% Palo Verde (Nov) 27.25 0.00  0.00% COB (Nov) 29.00 0.00  0.00% PJM (Nov) 28.80 1.50  5.49%     Dollar US $ Close Change % Change Australia $  1.983 0.014  0.71% Canada $   1.574 (0.001) -0.06% Germany Dmark  2.186 (0.003) -0.14% Euro   0.8924 (0.001) -0.12% Japan ?en  122.80 (0.100) -0.08% Mexico NP 9.25 0.020  0.22% UK Pound   0.6989 (0.0010) -0.14%     Foreign Indices Close Change % Change Arg MerVal 245.79 (0.82) -0.33% Austr All Ord. 3,189.10 7.00  0.22% Braz Bovespa 11723.75 256.01  2.23% Can TSE 300  6943.69 46.79  0.68% Germany DAX 4715.6 (92.70) -1.93% HK HangSeng 10243.46 0.00  0.00% Japan Nikkei 225  10880.1 77.95  0.72% Mexico IPC  5729.13 20.85  0.37% UK FTSE 100 5,086.60 (81.00) -1.57%      Source:  Yahoo! & TradingDay.com    	     [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]   [IMAGE]   [IMAGE]  [IMAGE]   [IMAGE]          [IMAGE]  [IMAGE]   [IMAGE]   [IMAGE]   [IMAGE]

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 - Market briefs.xls


----- Forwarded by Jeff Dasovich/NA/Enron on 04/02/2001 06:55 PM -----

	Scott Govenar <sgovenar@govadv.com>
	04/02/2001 06:13 PM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
David Parquet <David.Parquet@enron.com>, Rick Johnson
<rick.johnson@enron.com>, Marcie Milner <mmilner@enron.com>, Sandra McCubbin
<Sandra.McCubbin@enron.com>, Tim Belden <Tim.Belden@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Chris Calger <ccalger@enron.com>, Joe Hartsoe
<Joe.Hartsoe@enron.com>, Donna Fulton <Donna.Fulton@enron.com>, Steven Kean
<Steven.J.Kean@enron.com>, Karen Denne <kdenne@enron.com>, Beverly Aden
<beverly.aden@enron.com>, Bill Votaw <bill.votaw@enron.com>, Carol Moffett
<carol.moffett@enron.com>, Debora Whitehead <debora.whitehead@enron.com>,
Dennis Benevides <dennis.benevides@enron.com>, Don Black
<don.black@enron.com>, "dblack@enron.com" <dblack@enron.com>,
"emelvin@enron.com" <emelvin@enron.com>, "ehughes2@enron.com"
<ehughes2@enron.com>, "gweiss@enron.com" <gweiss@enron.com>,
"gsavage@enron.com" <gsavage@enron.com>, "Harry.Kingerski@enron.com"
<Harry.Kingerski@enron.com>, "kgustafs@enron.com" <kgustafs@enron.com>, Mike
D Smith <msmith1@enron.com>, "sgahn@enron.com" <sgahn@enron.com>,
"vsharp@enron.com" <vsharp@enron.com>, "wcurry@enron.com" <wcurry@enron.com>,
"William.S.Bradford@enron.com" <William.S.Bradford@enron.com>, Leslie Lawner
<Leslie.Lawner@enron.com>, John Neslage <john.neslage@enron.com>, Ken Smith
<ken@kdscommunications.com>, Bob Frank <bfrank@enron.com>, Jennifer Thome
<Jennifer.Thome@enron.com>
		 cc:
		 Subject: Priority Legislation

Assembly Speaker Bob Hertzberg has circulated the following list of
priority bills which he would like to pass out of the Assembly this
week:

SBX 5 (Sher) - This bill provides a total of $1, 039,500,000 from the
General Fund to implement energy efficiency programs and supplement
existing energy efficiency programs.

SBX 43 (Alpert) - This bill extends the SDG&E rate freeze to users over
100kw.

ABX 29 (Kehoe) - This bill This bill creates a variety of new programs
relating to energy
efficiency and distributed generation.

SBX 6 (Burton) - This bill creates the California Consumer Power and
Conservation Financing Authority (CPCFA), (2) authorizes the issuance of
bonds up to $5 billion, and (3) specifies that the CPCFA shall not
undertake any new projects after January 1, 2007.

SBX 28 (Sher)   This bill contains a series of provisions intended to
accommodate increased construction and operation of power plants.  The
bill also provides a 10-year waiver of standby charges for specified
distributed generation (DG) installations.


See this is what they were talking about.  Forward this one on
----- Forwarded by Susan J Mara/NA/Enron on 12/13/2000 11:18 AM -----

	"Katie Kaplan" <kaplan@iepa.com>
	12/13/2000 11:23 AM
	Please respond to kaplan

		 To: "Douglas Kerner" <DKK@eslawfirm.com>, "Andy Brown" <ABB@eslawfirm.com>,
"B Brown Andy" <andybrwn@earthlink.net>, "Bob Weisenmiller"
<rbw@mrwassoc.com>, "Jan Smutny-Jones" <smutny@iepa.com>, "Jean Munoz"
<jmunoz@mcnallytemple.com>, "Jeff Dasovich" <Jeff.Dasovich@enron.com>, "John
Stout" <John_H_Stout@reliantenergy.com>, "Julee Malinowski-Ball"
<jmball@ns.net>, "Karen Edson" <kedson@ns.net>, "Kassandra Gough"
<kgough@calpine.com>, "kent Palmerton" <kent.palmerton@williams.com>,
"Kristin Vellandi" <kvellandi@pstrategies.com>, "Marty Wilson"
<mwilson@pstrategies.com>, "McNally Ray" <rmcnally@mcnallytemple.com>,
"Norton Kelli" <knorton@mcnallytemple.com>, "Paula Hall-Collins"
<paula.hall-collins@williams.com>, "Richard Hyde" <rwhyde@duke-energy.com>,
"Stephanie-Newell" <stephanie-newell@reliantenergy.com>, "Sue Mara"
<smara@enron.com>, "Tom Ross" <tross@mcnallytemple.com>, "Kate Castillo"
<ccastillo@riobravo-gm.com>, "Bill Carlson" <wcarlson@wm.com>, "Bill Woods"
<billw@calpine.com>, "Bob Escalante" <rescalante@riobravo-gm.com>, "Carolyn
Baker" <cabaker@duke-energy.com>, "Cody Carter" <cody.carter@williams.com>,
"Curt Hatton" <curt.hatton@gen.pge.com>, "Curtis Kebler"
<curtis_l_kebler@reliantenergy.com>, "Dave Parquet" <dparque@ect.enron.com>,
"Dean Gosselin" <dean_gosselin@fpl.com>, "Duane Nelsen"
<dnelsen@gwfpower.com>, "Ed Tomeo" <ed.tomeo@uaecorp.com>, "Eileen Koch"
<eileenk@calpine.com>, "Eric Eisenman" <eric.eisenman@neg.pge.com>, "Frank
DeRosa" <frank.derosa@gen.pge.com>, "Greg Blue" <gtbl@dynegy.com>, "Hap Boyd"
<hap.boyd@enron.com>, "Jack Pigott" <jackp@calpine.com>, "Jeff Dasovich"
<jdasovic@enron.com>, "Jim Willey" <elliottsa@earthlink.net>, "Joe Greco"
<joe.greco@uaecorp.com>, "Joe Ronan" <joer@calpine.com>, "Jonathan Weisgall"
<jweisgall@aol.com>, "Ken Hoffman" <khoffman@caithnessenergy.com>, "Kent
Fickett" <kfickett@usgen.com>, "Lynn Lednicky" <lale@dynegy.com>, "Marty
McFadden" <marty_mcfadden@ogden-energy.com>, "Paula Soos"
<paula_soos@ogden-energy.com>, "Randy Hickok" <rjhickok@duke-energy.com>,
"Rob Lamkin" <rllamkin@seiworldwide.com>, "Roger Pelote"
<roger.pelote@williams.com>, "Scott Noll" <snoll@thermoecotek.com>, "Steve
Iliff" <siliff@riobravo-gm.com>, "Steve Ponder" <steve_ponder@fpl.com>,
"Susan J Mara" <Susan_J_Mara@enron.com>, "Tony Wetzel"
<twetzel@thermoecotek.com>, "Trond Aschehoug" <taschehoug@thermoecotek.com>,
"William Hall" <wfhall2@duke-energy.com>, <kaplan@iepa.com>
		 cc: "Karen Edson" <kedson@ns.net>, "Julee Malinowski-Ball" <jmball@ns.net>,
"Douglas Kerner" <DKK@eslawfirm.com>, "B Brown Andy"
<andybrwn@earthlink.net>, "Andy Brown" <ABB@eslawfirm.com>, "Jan
Smutny-Jones" <smutny@iepa.com>, "Steven Kelly" <steven@iepa.com>
		 Subject: FYI-Edison wants Reregulation

DJ Edison To Call For End To Calif Elec
                  Dereg Wed -Sources

                  Copyright (c) 2000 Dow Jones & Company, Inc.

                  LOS ANGELES (Dow Jones)--Edison International (EIX),
saying the current state of
                  California's power markets threatens the company with
bankruptcy, will call Wednesday
                  for an end to California's four-year experiment with
deregulation, sources familiar with
                  the issue told Dow Jones Newswires.

                       John Bryson, chief executive of Edison International,
is expected to announce that
                  the company's regulated utility unit, Southern California
Edison, won't be able to
                  recover more than $3 billion in losses related to power
purchases and continue serving
                  its retail customers unless the state's deregulated market
structure is scrapped.

                       In a move tantamount to a call for reregulation,
Edison will propose to break ground
                  on new power plants within 90 days and re-enter the
power-generation business
                  Southern California Edison was required to exit under the
state's landmark 1996
                  deregulation law, the sources said.

                       Edison plans to follow the announcement by filing a
request with state regulators to
                  increase retail electricity rates by as much as 20%, the
sources said, even though
                  regulators rejected Edison's request for a rate increase
of 10% last week.

                       The utility has lined up the support of some state
lawmakers for the broader
                  proposal, which would require action by the state
legislature, the sources said.

                       Southern California Edison, with 4.2 million
customers, is one of the country's largest
                  electric utilities. Edison was the first of the state's
utilities to sign on to the deregulation
                  effort and, as it says on its Web site, "played a central
role in the restructuring of the
                  electric industry in California."

                       Among the concessions won by utilities in 1996 is the
rate freeze, which they
                  demanded to help them recover costs related to
deregulation but which is now
                  producing huge losses.

                       Edison's current losses stem from an imbalance
between the soaring prices it must
                  pay to purchase power on the wholesale markets and the
fixed rate at which it can sell
                  power to its customers.

                       About half of those losses are offset the utility's
own power sales revenues, which
                  are accounted for separately and used to pay down
deregulation-related debt. Rising
                  power costs have produced a surplus in that account.
Edison wouldn't reveal the
                  current size of the surplus, but said previously that the
California Power Exchange paid
                  the utility $1.3 billion over its generating costs for
power through the end of September,
                  at a time when its power-purchase losses were $2.4
billion.

                       Power-Purchase Losses Mounting

                       The net losses continue to mount. California's
wholesale power prices hovered at
                  record levels all summer and spiked even higher in the
past two weeks, as colder
                  weather arrived in the Northwest at a time when much of
California's power supply was
                  down for maintenance.

                       The price of power for delivery Wednesday in
California hit an average of $1,182 a
                  megawatt-hour Tuesday, up from $250 a megawatt-hour a week
ago, the result of high
                  demand and a decision by California's wholesale market
operator to lift its cap on prices.

                       The rate Southern California Edison can charge its
retail customers, however, is fixed
                  at $66/MWh.

                       Last week, Merrill Lynch & Co. (MER) downgraded its
ratings for Edison
                  International and PG&E Corp. (PCG), the parent of
California's other major utility, Pacific
                  Gas & Electric, to neutral, saying the utilities may be
forced to file for bankruptcy if the
                  state doesn't allow them to raise their retail rates.

                       A Morgan Stanley Dean Witter (MDW) analyst drew the
same conclusion Monday,
                  also cutting his rating to neutral.

                       Edison to this point has kept its power-purchase
losses off its earnings statement, in
                  hopes that a political or regulatory solution will allow
them to be collected later.

                       The California Public Utilities Commission put the
hope of such a solution further out
                  of reach last week, however, when it ruled against rate
increases sought by Edison and
                  PG&E.

                       Credit rating agency Fitch Inc. on Monday lowered its
ratings for Edison
                  International and Southern California Edison's senior
unsecured debt to the A-minus
                  level, citing "increased liquidity pressure" and
uncertainty about the utilities' ability to
                  recover the costs of their power purchases. The agency
downgraded Edison
                  International, the parent, because half its consolidated
cash flow is provided by
                  Southern California Edison.

                       Edison - which sources said plans to remain in the
retail electricity business - said
                  late last week that it has secured a $1 billion line of
credit and expects to have enough
                  cash on hand to continue to pay for wholesale electricity
for the next several months.

                       California paid more than $1 billion for power last
week, sources said. Some of that,
                  however, was paid to Southern California Edison, which
still generates about 2,800
                  megawatts of power in the state.

                       Shares in Edison International have fallen 21% over
the past three weeks. They
                  closed Wednesday at $18.56, down $0.06.

                       -By Jason Leopold, Dow Jones Newswires; 323-658-3874;
                  mailto:jason.leopold@dowjones.com(Mark Golden contributed
to this article.)

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499

-----Original Message-----
From: Katie Kaplan [mailto:kaplan@iepa.com]
Sent: Wednesday, December 13, 2000 10:50 AM
To: William Hall; Trond Aschehoug; Tony Wetzel; Susan J Mara; Steve Ponder;
Steve Iliff; Scott Noll; Roger Pelote; Rob Lamkin; Randy Hickok; Paula Soos;
Marty McFadden; Lynn Lednicky; Kent Fickett; Ken Hoffman; Jonathan Weisgall;
Joe Ronan; Joe Greco; Jim Willey; Jeff Dasovich; Jack Pigott; Hap Boyd; Greg
Blue; Frank DeRosa; Eric Eisenman; Eileen Koch; Ed Tomeo; Duane Nelsen; Dean
Gosselin; Dave Parquet; Curtis Kebler; Curt Hatton; Cody Carter; Carolyn
Baker; Bob Escalante; Bill Woods; Bill Carlson; Kate Castillo; Pigott Jack;
Tom Ross; Sue Mara; Stephanie-Newell; Richard Hyde; Paula Hall-Collins;
Norton Kelli; McNally Ray; Marty Wilson; Kristin Vellandi; kent Palmerton;
Katie Kaplan; Kassandra Gough; Karen Edson; Julee Malinowski-Ball; John
Stout; Jeff Dasovich; Jean Munoz; Jan Smutny-Jones; Bob Weisenmiller; B
Brown Andy; Andy Brown; Douglas Kerner
Cc: Douglas Kerner; Julee Malinowski-Ball; Karen Edson; Andy Brown; B Brown
Andy
Subject: FYI-Edison wants back in the generation business

Edison Mission Energy Power Project Starts Construction After Expedited
Approval By California Energy Commission

 Monday December 11 6:39pm
 Source: Dow Jones

 Operation Targeted for August

 IRVINE, Calif., Dec. 11 /PRNewswire/ -- Edison Mission Energy (EME), an
Edison International company (NYSE: EIX), started construction of its new
 Sunrise power plant on Thursday, December 7, having received expedited
approval from the California Energy Commission (CEC) to proceed. The
 power generation facility will be located in Kern County, California, and
will bring both short- and long-term generation capacity to the state, which
is in
 dire need of new power generation.

 "From the onset of the California power crisis, we have sought to find
means to bring new power to the California market," said John E. Bryson,
 chairman and CEO of Edison International. "This CEC approval will help
ensure that this critical new project will be able to provide a significant
amount
 of new peaking power to the state as soon as next August. Our thanks and
appreciation go to the California Energy Commission, and the
 environmental and regulatory agencies for their swift consideration of this
important project."

 "This power has been offered by contract to the state so that the pricing
for it does not depend on California's broken deregulated power market,"
said
 Alan J. Fohrer, president and CEO of EME. "Alternatively, EME will seek to
enter into a long-term, cost-based contract with either Pacific Gas &
 Electric Company or San Diego Gas & Electric Company to further ensure that
California's consumers reap the benefit of this additional power
 resource," Fohrer said.

 The Sunrise Power Project will be completed in two phases. Phase 1 will
consist of a 320-megawatt (MW), simple-cycle peaking facility scheduled to
 be in service during the summer 2001. Phase 2 will convert the peaking
facility to a 560-MW, combined-cycle operation with an in-service date of
 summer 2003. The project will meet or exceed all pertinent environmental
and safety standards.

 Final regulatory approvals have been received for Phase I of the project
only.

 EME will be seeking expedited permitting approval for the Phase II
expansion in line with the fast-track approval process recently enacted by
the
 California legislature.

 EME has also negotiated an agreement with the labor unions for an adequate
supply of highly skilled labor in order to achieve an accelerated
 construction schedule. The accelerated schedule is aimed at providing this
additional power to California by next summer.

 Edison Mission Energy specializes in the development, acquisition,
construction management and operation of global power production facilities.
As
 one of the world's leading global power producers, Edison Mission Energy
owns nearly 23,000 megawatts of generating capacity, including interests in
 75 projects currently under construction or operating in Australia,
Indonesia, Italy, New Zealand, Puerto Rico, Spain, Thailand, Turkey, the
United
 Kingdom and the United States.

 Based in Rosemead, Calif., Edison International is a premier international
electric power generator, distributor and structured finance provider. With
a
 portfolio of approximately 28,000 megawatts, Edison International is an
industry leader in privatized, deregulated and incentive-regulated markets
and
 power generation. It is the parent company of Edison Mission Energy,
Southern California Edison, Edison Capita, Edison Enterprises and Edison
 O&M Services.

 /CONTACT: Kevin Kelley of Edison Mission Energy, 626-302-1033, Fax,
626-302-7827/ 21:35 EST

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499


Bob:  here is our list of West desk applications for Windows 2000.

DartPlus via Citrix
Northwest Passage via Citrix
Northwest Passage via Internet
Kern River via Citrix
Internet Explorer for Williams Field Services and Questar (internet)
Cig via Internet
Cig dialup
Pacific Gas Trail
PG&E Inside Tracc
Williston Basin Pipeline via internet
EL Paso Passport
Transwestern Hottap via Internet
Gas Select via Citrix

If we think of any more I will let you know.  Thanks.


Teco Tap       10.000 / Enron ; 80.000 / HPL IFERC

LS HPL LSK IC       30.000 / Enron


Rob,  This is the O&M agreement for the Lost Creek System. I don't think that
entering into this will need lender approval.  Can you just verify that.
----- Forwarded by Shonnie Daniel/HOU/ECT on 06/23/2000 03:16 PM -----

	Roger Balog
	06/23/2000 12:14 PM

		 To: Ken Choyce/DEN/ECT@Enron, Audrey Pullen/HOU/ECT@ECT
		 cc: James Hoff/DEN/ECT@Enron, Mark Whitt/DEN/ECT@Enron, Shonnie
Daniel/HOU/ECT@ECT, Nick Cocavessis/Corp/Enron@ENRON, Lal
Echterhoff/HOU/ECT@ECT
		 Subject: Elkhorn O&M draft

Attached is a copy of the revised O&M  (LOSTCRK1.DOC) agreement with Elkhorn
which Enron was asked to review.  The red line attached is compared to the
copy sent out by Tim Carmichael of BR and handed out at the members meeting
in Denver.  It contains changes from the conference call Ken, Audrey and I
had yesterday plus other admin changes that I have made today.  Tim's
original (LOSTCRK.DOC) is also attached for your reference.  Unless there are
any other changes it can be sent to Tim Carmichael.
Roger


we are good, only 1.3 contract difference!

Robin Rodrigue
06/07/2000 06:07 PM
To: Ryan Watt/CAL/ECT@ECT
cc:

Subject: Re: Post Id's 6/7/2000

---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 06/07/2000
07:05 PM ---------------------------

Robin Rodrigue
06/07/2000 07:06 PM
To: Nicole LaPorte/CAL/ECT@ECT
cc:
Subject: Re: Post Id's 6/7/2000

Here are your positions.  Hopefully we look as good as last night.

Thanks,
Robin

Nicole LaPorte
06/07/2000 05:02 PM
To: Robin Rodrigue/HOU/ECT@ECT, Rahmaan Mwongozi/Corp/Enron@ENRON
cc:
Subject: Post Id's 6/7/2000

Hi Robin,

Here are today's Post Id's:

EGSC - 803771
ERMS - 803772
OPT - 803777
C - 803815

I'll call once we're official.

Thanks,
Nicole


Tony indicated to me that PGL would prefer to have his summer Harper purchases done as ENA.  The gas supply contract was set up to allow PGL to continue to purchase their own supply (for vendor diversity reasons I believe), but there is no reason ENA can't purchase this gas themselves (assuming that Tony's counterparties don't object to the change).  Tony will try to complete these transactions as ENA (or enovate, if necessary).

Richard


---------------------- Forwarded by Cara Semperger/PDX/ECT on 05/01/2001
02:53 PM ---------------------------

John Malowney
04/30/2001 08:54 AM
To: Diana Scholtes/HOU/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT, Heather
Dunton/PDX/ECT@ECT
cc: Cara Semperger/PDX/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT, Sean
Crandall/PDX/ECT@ECT
Subject: May purchase from MPC

The attached details a purchase from MPC for the month of May starting
5/2/01.  If anyone has any questions please don't hesitate to let me know.
Thanks,  John


Shirley,

No problem.

Vince

Shirley Crenshaw
04/18/2000 08:00 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Kevin G Moore/HOU/ECT@ECT, William Smith/Corp/Enron@ENRON
Subject: Vacation

Vince:

If it is allright, I would like to take two days vacation, Monday and Tuesday
April 24 and 25.

Please let me know.

Thanks!


Jeff,
         Thanks for your comments. I guess that explains why you're at
Enron rather than PG&E.    By the way, if you have not already met, I am
sure you would enjoy talking about energy markets with Professor Severin
Borenstein, the Director of UC's Energy Institute.

At 03:23 PM 9/28/99 +0000, you wrote:

>furthering our discussion from the break yesterday evening, and for what it's
>worth to add another data point, i'd like to pass along my view that 1) the
>course is extremely challenging, 2) the course is extremely interesting,
>informative, pertinent and useful, 3) the course is extremely well organized,
>and 4) the course's level of difficulty and demands are consistent with the
>requirements of a top-notch graduate professional program.  in addition, it
is
>my view that the "amount" of questions given in the problem sets, and the
>level
>of difficulty of the problems, while quite significant, is appropriate and
>offers individuals the opportunity to choose to do some or all of the
>problems.
>finally, i am indifferent to the frequency with which any particular
>individual
>speaks during class, as long as the questions, comments, discussion, etc.
>do not
>detract from accomplishing the objectives during any given lecture.
>
>

    Jonathan Leonard
    Professor

tel: 510-642-7048  545 Student Services Building, #1900
fax: 510-642-4700  Haas School of Business
    University of California
    Berkeley, CA.  94720-1900


Yonnie,

I hope you are doing well.  I just talked to Wende and we discussed having lunch with you on the 26th.  My flight isn't until 7 pm that day and I would love to see you.  I hope you will be able to make it!  My job search is going well.  I was in Denver yesterday and that looks promising.  I may just wait for the new deal here to go through to see what is still left with the "new company".  I am traveling Jan 3 - 12 so it just makes sense to wait!

We can chat more when I see you!  Let either me or Wende know if you can make it!

Talk to you later -

Love,  Kim

 -----Original Message-----
From: 	Don62waller@cs.com@ENRON
Sent:	Thursday, December 13, 2001 7:50 PM
To:	Ward, Kim S (Houston)
Subject:	Hey Kim!

Hey....I am sad...we will not come home until Christmas Day.  Will you back
after that?  I would love to spend some time with you!

How is Houston?  I know you liked it there before but had grown to love the
west.  Are you looking anywhere special for a job?...like Memphis?

Have you heard from any one who worked in the World Trade Center?  Of course,
I thought immediately of visiting your workplace there.  It was unbelievably
horrible!

Talk to you soon....I am so glad we are e-mailing!

Love ya,

Yonnie


Attached for your information is a summary of other parties' requests for
rehearing of Order 637.  I will be happy to answer any questions you might
have.


How about inserting the attached (after the explanation about the
relationship between New Power and Enron)?

	Binky Davidson@EES
	03/15/2001 05:35 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: NewPower Withdrawal Notes

Mark Muller sends the attached for your information and comments.


NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Mid-Year 2000 Performance
Management process by providing meaningful feedback on specific employee(s)
that have been identified for you.  Your feedback plays an important role in
the performance management process, and your participation is very critical
to the success of Enron's Performance Management goals.

Please provide feedback on the employee(s) listed below by accessing the
Performance Management System (PEP) and completing an online feedback form as
described in the "Performance Management Quick Reference Guide".  You may
begin your feedback input immediately.  Please have all feedback forms
completed by the date noted below.

If you have any questions regarding PEP or your responsibility in the
process, please call the PEP Help Desk at the following numbers:

In the U.S.:  1-713-853-4777, Option 4
In Europe:  44-207-783-4040, Option 4
In Canada:  1-403-974-6724 (Canada employees only)

Or e-mail your questions to:  perfmgmt@enron.com

Thank you for your participation in this important process.

The following list of employees is a CUMULATIVE list of all feedback
requests, by operating company, that have an "OPEN" feedback status.  An
employee's name will no longer appear once you have completed the feedback
form and select the "SUBMIT" button in PEP.

Review Group: ENRON
Feedback Due Date: Jun 16, 2000

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
BOWEN, ROBERT J                 JEFFERSON D SORENSON            May 19, 2000
CAMPOS, ANTHONY                 CONSTANCE  SUTTON               May 18, 2000
DAVIS, FRANK                    SHERI L THOMAS                  May 22, 2000
GILLETTE, LISA D                FRANK  DAVIS                    May 19, 2000
HARRELL, WILLIE L               JUDY E. BARNES                  May 19, 2000
MILLIGAN, ROBERTA M             MARK  TAYLOR                    May 25, 2000
ST. CLAIR, CAROL L              MARK  TAYLOR                    May 17, 2000


FYI:  The State Treasurer Phil Angelides announced that the melded interest
rate on the bonds that he intends to issue (mix of taxable and tax-exempt)
will be 5.38%.
Best,
Jeff


Greg,

I noticed in the san macos record that some zoning changes were underway.  First, I wanted to make sure our property would not be affected.  Second, part of the land that is being rezoned is targeted for "seniors".  I would like to explore the possibility of developing a seniors project ( not assisted living). Maybe we could look at the property mentioned below.   As I have mentioned,  my goal is to invest around $2 million in real estate over the next two years.  At the current rate that amount would cover the equity requirements for 4 projects assuming I continued to have minority interest partner like Keith.

Here is the article:

Sector 2 plan geets boost from council  By MURLIN EVANS - Staff Reporter  Home and landowners in northwestern San Marcos will soon have a revised future land use plan to consult for development in the area.  The San Marcos City Council on first reading unanimously approved changes to its Sector Two Land Use Plan -- changes over a year in the making and covering a 1.26 square mile area -- intended to encourage development that is both acceptable and appropriate for the region.  Significant to the revisions are those affecting a controversial tract owned by resident Jack Weatherford at the corner of Ranch Road 12 and the newly named Craddock Avenue (Bishop Street).  Weatherford filed suit against the city earlier this year as a result of various city commissions declining to approve re-zoning plans the landowner says were in synch with land uses deemed acceptable in the current Sector Two plan.  Proposed changes to Weatherford's 54 acre tract -- which have no direct effect on existing zoning -- deletes the 10 acres of high density residential allowed in the current plan and adds instead two additional acres of commercial, one additional acre of medium density residential, and seven additional acres of low density residential.  In addition, the total eight acres of the Weatherford tract proposed for medium density residential is suggested limited to town home, single-family, or multi-family senior housing development in the revised future land use plan.  The total 10 acres of commercial allowed on the property is proposed limited to "community commercial" -- a yet to be established zoning district -- loosely defined as to ensure more compatibility with existing residential neighborhoods complete with buffering and landscaping.  A 50 foot greenbelt buffer is also proposed to separate the commercial areas from residential ones in the revised plan.  However, a curb cut envisioned to access this property from RR 12 drew some concern from council members over the potential traffic hazards it may pose on the busy state highway.  Proposed are two curb cuts, one accessing the proposed Weatherford commercial area from RR 12 and one from Craddock Avenue.  While the state highway department and city would have input into the plans for where the eventual curb cut would go, city planning director Ron Patterson said the allowance of the two curb cuts was a compromise between the wishes of area landowners and Weatherford.  Council member Jane Hughson supported the idea of removing the RR 12 curb cut allowance from the Sector Plan, but evaluating a developer's plans for possibly locating one in the area as development proceeds.  "I'd rather say "no' and if someone comes us with a really good idea, look at it then," Hughson said.  Councilman Ed Mihalkanin expressed similar safety concerns over the final placement of the curb cut.  "It seems to me we're asking for a bunch of accidents to happen there," Mihalkanin said.  A motion by Hughson to amend the plan to exclude curb cuts from RR 12 into the property failed on a 3-3 tie vote with San Marcos Mayor David Chiu and council members Joe Cox and Paul Mayhew voting against the move. Council member Martha Castex Tatum was not present at the meeting.  Curb cuts or not, the Sector Two Plan earned support from several residents and neighborhood representatives, who said the plan was a good compromise.  Oak Heights resident John McBride, who has been an active critic and participant in the Sector Two revision process, especially concerning the Weatherford tract, said the revised plan better served the interests of the city as a whole.  "This is not a victory for one side or the other," said McBride, alluding to a fallout between neighborhood groups opposed to Weatherford's initial plans for his property, "but a victory for the City of San Marcos. We started out with all R-1...we've come a long way."


Hi Benjamin,

Winston Cheng asked me to forward to you the attached schedule of development
projects for the west.  Note that these projects are not firm - for example,
most have not got firm site commitments etc.  No doubt, many of the projects
are expected to fall through or be terminated for one reason or another.

Cheers

Christian


What do you mean, and me?  I just went off on me...

-----Original Message-----
From: Mark.Guzman@enron.com [mailto:Mark.Guzman@enron.com]
Sent: Wednesday, April 18, 2001 2:18 PM
To: Katie.Trullinger@wfsg.com
Subject: RE: hi!

Things are good.  I have been very busy.  Work is going really well.  Other
than that not much really.  And you.


---------------------- Forwarded by Sara Shackleton/HOU/ECT on 10/28/99 08:55
AM ---------------------------

	From:  Stewart Rosman                           10/27/99 07:02 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: SMUD

Sara -
SMUD gave us their version of the ISDA agreement about 6 weeks ago and I am
still waiting for comments.  I believe Susan Flynn is working on it and I
thought we would get comments by this past Monday.  They want to start doing
financial gas and power swaps and I would really like to wrap up the legal
contract side of things.  Can someone please call or email me and tell me the
status.

Thank you (503-464-3810)

Stewart