I don't know if this was the final one...
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/01/2001 01:03
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/10/2001 05:10:41 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "'ben.f.jacoby@enron.com'" <ben.f.jacoby@enron.com>,
"'f_mitro@hotmail.com'" <f_mitro@hotmail.com>, "'fred.mitro@enron.com'"
<fred.mitro@enron.com>, "'kathleen.carnahan@enron.com'"
<kathleen.carnahan@enron.com>, "Keffer, John" <JKeffer@KSLAW.com>

Subject: Closing Checklist

 <<2RR404!.DOC>>

Kay:

An updated closing checklist for the ENA / SEL transaction is attached.

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

Enclosure: 129280v4

                    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.

 - 2RR404!.DOC


We will be holding floor meetings on the following dates.  Please join us for
a general overview and Q&A session on one of the following floors:

Tuesday, 4/17/01 - 2:00 - 3:00 p.m.  Location:  In front of EB2711

Wednesday, 4/25/01 - 2:00 - 3:00 p.m. Location:  In front of EB2265

Thursday, 4/26/01 - 2:00 - 3:00 p.m.  Location:  In front of EB2556

Philippe & Greg

Please disregard the email sent on 4/6/01.  We apologize for any
inconvenience.


HAPPY NEW YEAR!!! Hope you had a great holiday!
These EES deals were all changed by Carla so they're all in "Pending
-Revised..." status in the system.  It looks like Carla made some changes,
but then changed it back.  Can you please ask her if we need to send revised
confirms on any of these deals.
486972
486988
486992
486996
487005
487024
487042
487057
487060
Thanks for your help!
Kim


PROLLY SHOULDN'T USE THE F WORD IN AN INTRA-COMPANY E-MAIL, PARDNER

 -----Original Message-----
From: 	Porter, David V.
Sent:	Tuesday, November 20, 2001 9:41 AM
To:	Semperger, Cara
Subject:	More "stuff"

Hey Cara,

Sorry to say it, but I think we're FUCKED!

Happy Holidays,

David.

http://www.nytimes.com/2001/11/20/business/20ENRO.html

November 20, 2001
In New Filing, Enron Reports Debt Squeeze
By RICHARD A. OPPEL Jr. and FLOYD NORRIS
The Enron Corporation (news/quote </redirect/marketwatch/redirect.ctx?MW=http://custom.marketwatch.com/custom/nyt-com/html-companyprofile.asp&symb=ENE>) told investors yesterday that it faced debt repayments over the next year vastly in excess of its available cash. It said that if any of a number of things went wrong, its ability to continue as a going concern would be called into question.
In a delayed quarterly filing with the Securities and Exchange Commission, the company said that it would have to repay $690 million in debt by next Tuesday if it did not come up with collateral for a loan.
Enron has about $1.75 billion in cash and credit lines now available but faces debt repayments and other obligations of $9.15 billion by the end of next year. The report for the third quarter, which was filed five days late, says the company faces immediate demand for $3.9 billion in debts if its credit rating is downgraded any further.
Enron's independent auditors with the firm of Arthur Andersen have not been able to complete their review of Enron's financial statements for the third quarter. Andersen already faces lawsuits over its audits of Enron's books related to Enron's disclosure this month that it had overstated almost $600 million in profits in the last five years. Enron has said that it will restate statements that Andersen certified and that those statements should no longer be relied upon.
Yesterday, Representative John D. Dingell of Michigan, the ranking Democrat on the House Energy and Commerce Committee, called for an investigation into Arthur Andersen's handling of the Enron audits. A spokesman for Andersen could not be reached last night.
Enron, the nation's largest energy trader, has agreed to be acquired by Dynegy Inc. (news/quote </redirect/marketwatch/redirect.ctx?MW=http://custom.marketwatch.com/custom/nyt-com/html-companyprofile.asp&symb=DYN>), its smaller crosstown rival in Houston, and credit rating agencies have said that a failure of that deal to go through

would lead to a further downgrading of Enron, which is now at the lowest investment-grade rating. Any downgrades could lead to a collapse of Enron's core energy trading business, analysts say, as other energy trading companies might stop doing business with Enron entirely.
The Dynegy deal is expected to close sometime next year, and the disclosures yesterday indicate that Enron may face challenges in meeting its obligations before then, particularly if the closing of the deal is delayed. Enron said it hoped to complete the transaction by the end of next September.
Enron is in talks to obtain $500 million to $1 billion in additional financing through an equity infusion from major banks and institutions. In addition, executives have said they are hoping to close deals to sell $800 million in assets by the end of the year, and perhaps a few billion dollars of assets next year. Enron is also set to receive a $1 billion infusion from ChevronTexaco, which owns a 27 percent stake in Dynegy, if the deal closes next year.
Still, even after factoring in cash flow from Enron's core energy-trading operations, Enron could be left well short of what it needs to satisfy the huge obligations due by the end of next year - meaning that Enron will probably have to work to persuade bankers to restructure debts or extend maturities.
Carol Coale, an analyst for Prudential Securities in Houston, said the new disclosures indicated that Enron's troubles had run deeper than what investors and analysts believed, even as the stock crashed early this month before the merger with Dynegy was announced.
"Our initial read was that this might have been like a run on the bank," Ms. Coale said. "But now it sounds like Enron's problems were actually more inherent than perceived."
Enron's deal with Dynegy calls for Enron holders to receive 0.2685 Dynegy share for each Enron share, but in trading since the deal was announced Enron's share price has lagged Dynegy's price, reflecting investor doubts that the deal will be completed at the announced terms.
In New York Stock Exchange trading yesterday, before the Enron filing was released, Enron rose 6 cents, to $9.06, and Dynegy rose $1.13, to $43.60. At those prices, the value of the Dynegy offer is 29.2 percent above Enron's share price, compared with a 20.6 percent difference when the deal was announced.
Some debts that Enron might have to pay quickly if its bond rating is lowered could be satisfied by selling shares, but such sales would probably reduce the stock price further. And the merger agreement with Dynegy provides that the exchange ratio would be reduced if Enron sold stock at prices below the implied value under the merger - currently $11.71 an Enron share.
In after-hours trading yesterday, after the release of the Enron filing, the share price slipped to $9.
Enron had previously said it was reducing its profits taken in previous years by more than $500 million. Yesterday's filing provided some additional details on Enron's relationships with various related partnerships whose debts Enron could be forced to pay, and it said that additional write-offs could come as early as the current quarter if it concluded that asset values in the partnerships had declined. It said that because Enron's stock value had fallen, one write-down could be $700 million.
The disclosures show that Enron erected complicated financial structures that in some cases seem to have been meant to allow the company to avoid taking losses on assets and in other cases were aimed at keeping debts off its balance sheet.
But the collapse of Enron's stock price has both worsened the situation for some of those entities and greatly increased the cost Enron would face if it needed to pay off the debts.
"It is not possible to predict," Enron warned investors, whether its asset sales or debt refinancings would be successful. "An adverse outcome with respect to any of these matters would likely have a material adverse impact on Enron's ability to continue as a going concern."


The report named: East VaR Estimate <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=27&report_name=East+VaR+Estimate&category_cd=1&category_name=EAST&toc_hide=1&sTV1=1&TV1Exp=Y&current_efct_date=11/26/2001>, published as of 11/26/2001 is now available for viewing on the website.


Dan:

I understand from Julie Meyers that this terminated contract needs to be
assigned to ENA.  Please advise your concurrence so that I may reactivate.

Thanks.

Juliana
X31443


yes i will

From: Sarah Wesner/ENRON@enronXgate on 05/04/2001 09:50 AM
To: John Arnold/HOU/ECT@ECT
cc: Joseph Deffner/ENRON@enronXgate
Subject: Fimat (Soc Gen Line)

John - I got a call from Warren Tashnek today.  He is concerned about the
usage of the Fimat line because the trading volume is not covering its
costs.   He wanted to know how to increase business with Enron.  I referred
him to you.  As you know, he is so nice and not trying to start a fight with
us but needs more trades to justify the cost of the line.  Will you please
address this with him?

Thanks, Sarah


Start Date: 1/27/02; HourAhead hour: 18;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012718.txt


http://news.bbc.co.uk/hi/english/sci/tech/newsid_1025000/1025471.stm
http://news.bbc.co.uk/hi/english/sci/tech/newsid_1024000/1024779.stm


CALENDAR ENTRY:	INVITATION

Description:
	EB3125b - Flash Analysis Meeting Mt. Ranier

Date:		5/31/2001
Time:		8:30 AM - 9:30 AM (Central Standard Time)

Chairperson:	Melissa K Ratnala

Detailed Description:

Amy 3-1628


Let's try this one more time.  How 'bout 3:00 p.m. CDT?  Susan and I will
initiate the call.  Thanks.  By the way, we got your outline and it looked
great.  I'm trying to get started on condensing it into something we'd feel
comfortable leaving behind.  Good work, Mark.

 -----Original Message-----
From:  mbaldwin@igservice.com@ENRON
[mailto:IMCEANOTES-mbaldwin+40igservice+2Ecom+40ENRON@ENRON.com]
Sent: Tuesday, April 10, 2001 11:44 AM
To: Jeff Fawcett
Subject: Conference Call

Jeff, just checking in. Do we have another time for a conference call ? Any
feedback to my Email of topics and positions ? I just read Socal's comments
concerning storage and a potential change of service priority for the EGs.
Socal is recommending an adoption of the Comprehensive Settlement, notes
their proactive system enhancements at Needles, L85 , Wheeler Ridge and
Storage and still suggest that they can handle the anticipated system
demands. Please contact me when you get a break. Mark, IGS


The report named: West VaR <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=36&report_name=West+VaR&category_cd=2&category_name=WEST&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=11/27/2001>, published as of 11/27/2001 is now available for viewing on the website.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/11/2001 02:16 PM ---------------------------
From:	David P Dupre/ENRON@enronXgate on 03/23/2001 09:56 AM
To:	Vince J Kaminski/HOU/ECT@ECT
cc:
Subject:	Presentation

Greetings:

When you have an opportunity, please forward a copy of your presentation to me at
David.P.Dupre@enron.com at the GARP conference in January.

Thanks
David
3-3528


Here is the latest CA, Teaser letter and contact list.


you know i am always in need of some male bonding.  You guys decide if you
want to go to Jazz Fest?  Do not forget about my mom's offer relating to said
event.  Talk to you soon.
PL


----- Forwarded by Jeff Dasovich/NA/Enron on 12/21/2000 05:26 PM -----

	"Delaney Hunter" <dhunter@smithandkempton.com>
	12/21/2000 03:30 PM
	Please respond to dhunter

		 To: "Aaron Thomas (E-mail)" <athomas@newenergy.com>, "'Allan Lippincott'"
<alippin@mail.arco.com>, "Ann Cohn (E-mail)" <cohnap@sce.com>, "'Ann Watson'"
<anw@cpuc.ca.gov>, "Anna Ferrera (E-mail)" <Anna.Ferrera@SEN.CA.GOV>, "'Art
Carter'" <debinorton@aol.com>, "'assistant for John Fielder'"
<moravekj@sce.com>, "Audra Hartmann (E-mail)" <ath@cpuc.ca.gov>, "Barbara
Barkovich (E-mail)" <brbarkovich@earthlink.net>, "'Becky Kilbourne'"
<bakilbourne@calpx.com>, "Bill Booth (E-mail)" <wbooth@booth-law.com>, "'Bill
Dombrowski'" <cra@calretailers.com>, "Bill Keese (E-mail)"
<wkeese@energy.state.ca.us>, "Bill Zobel (E-mail)" <bzobel@mail.arco.com>,
"'Bob Foster'" <fosterrg@sce.com>, "'Bob Houston'" <houstgrp@pacbell.net>,
"Carolyn McIntyre (E-mail)" <cmcintyre@sempra.com>, "Catherine Hackney
(E-mail)" <hacknece@sce.com>, "Charles Bacchi (E-mail)"
<charles.bacchi@asm.ca.gov>, "'Craig Brown'" <brownc@epenergy.com>, "Dan
Carroll (E-mail)" <dcarroll@dbsr.com>, "'Denice Cazalet'" <dcazalet@apx.com>,
"Dennis Price (E-mail)" <priced@epenergy.com>, "'Denny Samuel'"
<dsam@chevron.com>, "'Dominic DiMare'" <dominic.DiMare@calchamber.com>,
"Dorothy Rothrock (E-mail)" <drothrock@cmta.net>, "Doug Fernley (E-mail)"
<Fernley.Doug@EPEnergy.com>, "'Ed Yates'" <ed@clfp.com>, "Edson Karen
(E-mail)" <kedson@ns.net>, "Eloy Garcia (E-mail)" <egarcia@ka-pow.com>,
"Evelyn Elsesser (E-mail)" <eke@aelaw.com>, "Gary Heath (E-mail)"
<gheath@eob.ca.gov>, "'Gordon McDonald'" <gordon.mcdonald@pacificorp.com>,
"'Jack Flanigan'" <jackflanigan@flaniganlaw.com>, "Jack Gualco (E-mail)"
<Jackson_Gualco@gualcogroup.com>, "'Jack Stewart'" <jstewart@cmta.net>,
"'James Boyd'" <jim@resources.ca.gov>, "Jan Smutny-Jones (E-mail)"
<smutny@iepa.com>, "Jeanne Cain (E-mail)" <Jeanne.Cain@calchamber.com>, "Jeff
Dasovich (E-mail)" <jdasovic@enron.com>, "'Jerry Jordan'" <jordan@cmua.org>,
"Jim Groniger (E-mail)" <gronijn@texaco.com>, "Joe Lyons (E-mail)"
<joseph.lyons@asm.ca.gov>, "'Joe Ronan'" <joer@calpine.com>, "John Bridges
(E-mail)" <bridgesj@epenergy.com>, "'John Fielder'" <fieldejr@sce.com>, "John
Fistolera (E-mail)" <johnf@ncpa.com>, "John Larrea (E-mail)"
<John.g.Larrea@williams.com>, "John Rozsa (E-mail)" <John.Rozsa@sen.ca.gov>,
"John White (E-mail)" <vjw@cleanpower.org>, "'Joseph Alamo'"
<jalamo@enron.com>, "Julee Malinowski-Ball (E-mail)" <jmball@ns.net>, "'Julia
Wright'" <jwright@smithandkempton.com>, "Karen Jarrell (E-mail)"
<kjarrell@smurfit.com>, "Karen Koyano (E-mail)" <kykoyano@calpx.com>, "'Karen
Lindh'" <karen@klindh.com>, "Karen Mills (E-mail)" <kmills@cfbf.com>, "'Kari
Harteloo'" <klc@aelaw.com>, "Kassandra Gough (E-mail)" <kgough@calpine.com>,
"'Kathy Brandenburg'" <katherinebrandenburg@flaniganlaw.com>, "Kay Grosulak
(E-mail)" <kgrosulak@sppc.com>, "Keith McCrea (E-mail)" <kmccrea@sablaw.com>,
"Kevin Lynch (E-mail)" <Kevin.Lynch@pacifiCorp.com>, "Kevin Smith (E-mail)"
<kevins@ncpa.com>, "Kip Lipper (E-mail)" <kip.lipper@sen.ca.gov>, "Lawrence
Lingbloom (E-mail)" <lawrence.lingbloom@sen.ca.gov>, "Lenny Goldberg
(E-mail)" <lga@mother.com>, "Louis Szablya (E-mail)" <szablyal@epenergy.com>,
"Marc Joseph (E-mail)" <mdjoseph@adamsbroadwell.com>, "Marwan Masri (E-mail)"
<mmasri@energy.state.ca.us>, "Mary McDonald (E-mail)" <memcdonald@calpx.com>,
"Michael Alcantar (E-mail)" <mpa@aelaw.com>, "Mike Florio (E-mail)"
<mflorio@turn.org>, "'Mike Kahl'" <mikahl@ka-pow.com>, "Mona Petrochko
(E-mail)" <mpetroch@enron.com>, "Pete Conaty (E-mail)" <pcaceo@pacbell.net>,
"'Phil Nails'" <phil.nails@asm.ca.gov>, "Phil Stohr (E-mail)"
<pstohr@dbsr.com>, "Ralph Cavanagh (E-mail)" <rcavanagh@nrdc.org>, "Randy
Chinn (E-mail)" <randy.chinn@sen.ca.gov>, "Ray Thompson (E-mail)"
<ray.thompson@sen.ca.gov>, "'Rick Counihan'"
<rick.counihan@greenmountain.com>, "Robert Berry (E-mail)" <berry@apx.com>,
"Robin Larson (E-mail)" <rlarson@caiso.com>, "Roderick Campbell (E-mail)"
<Roderick.Campbell@asm.ca.gov>, "Sheryl Carter (E-mail)" <scarter@nrdc.org>,
"Steve Pike (E-mail)" <pikes@epenergy.com>, "Steve Ponder (E-mail)"
<steve_ponder@fpl.com>, "Stu Wilson (E-mail)" <swilson@cmua.org>, "'Sue
Mara'" <smara@enron.com>, "Susan Reeder (E-mail)" <sreeder@sppc.com>, "Terry
Winter (E-mail)" <twinter@caiso.com>, "Thomas Dinkel (E-mail)"
<tdinkel@retx.com>, "Tim Schmelzer (E-mail)" <Tschmelz@energy.state.ca.us>,
"'Tommy Ross'" <rosst@sce.com>, "'Tony Braun'" <braun@cmua.org>, "Victoria
Schaefer (E-mail)" <schaefvl@sce.com>
		 cc:
		 Subject: Today's CPUC Order

Folks-
Hot off the net. More info as it becomes available.

Thanks,
Delaney

P.S. Happy Holidays! :-)


Did you talk to Dynegy about buying the engine behind EnronOnline?

I know Andy is going to work for Arnold in the next 4 to 6 weeks, but he is
getting a team geared up around selling some EnronOnline licenses to various
markets like Agriculture, crude/petchems, energy, etc.  We would not support
software behind someone else's firewall, but these would be dedicated
environments we set up and license and possibly support (what you and I
talked about last week).  We have some traction with some companies like Dow
and GM on an application license as well as renting them a row or rows on
EnronOnline, but those sales have some cultural issues associated with them
as well.

I think you and I could actually originate some license deals on our own with
Dynegy, Calpine, Duke and El Paso.  I briefly brought it up with Posoli (in
addition to mid/back office outsourcing which we will pitch to him the first
week in June) and he said he doesn't want to create CalpineOnline.com, but he
said that just being able to wire together his gas and power traders on the
back end would be great.  Clearly, Lavo needs to agree that he is comfortable
with others in this space having these tools.  I think I know the commercial
lead at El Paso, you and I know some people at Duke, you know Dynegy and and
I know Posoli too well.  You probably have other contacts I am not aware of
as well.

I think if we got serious traction on 4 or 5 licenses, then the application
companies would be real strong bids for the business later if we want to let
someone else build it from 5 to 100 licenses.  The whole issue is that we are
stuck in the starting block at zero license sales and the
application/software companies we have talked to love the application but are
nervous, despite our reputation as the great company that gets technology and
has the best site/system in the world, about taking huge risk on code that is
proven in a single enterprise situation, Enron.

We will continue to see if Reuters, CommerceOne, Sungard, TibCo, i2, etc. are
interested in owning all or part of the intellectual property, but they
currently seem to be a low bid for raw source code with no proven customers
other than Enron in an environment where they have been beat up and are
reluctant to print stock or deplete cash.  However, some of them have yet to
show their bid so we will let that process continue.

On mid and back office, I am met with Vickers and Tycholiz and am seeing
Mrha, Luce and Duran this week.  They all get the basic premise.  Sally is on
board and focused on operations/pricing.  I think the reorg we just had will
work.  We should have a draft of an agreement with SLAs soon for physical
gas, physical power and financial.  It would be used for you and others.  We
should be hitting the market with the tier 2 and 3 customers in a few weeks.
I gave Tom six new people who would focus on selling these services, working
with EA folks and have experience in Sally's shop.

You and I could also talk to the shops above about at least having ProcessCo
for all energy OTC deals as we discussed.

Your thoughts on selling licenses to companies so close to our core product
line?

GP


The EnPower IT group in Houston is making some changes to the EOL Report
which in the long run will improve its functionality, but in the interim has
left it temporarily disabled. I have left a message for Nicolay Kraltchev,
the IT staff member in charge of the project, and he will be contacting both
Carla Hoffman and me tomorrow. With any luck, this will be resolved by Friday
evening and we can resume distribution of the report as usual. I'm sorry for
any inconvenience this causes.

Thanks,
Kate


Hi Chris,

Greg is located at EB3324.  He is scheduled to be in Monday - Thursday
(Thursday til midday).  Liz Taylor

Chris Mahoney
02/22/2001 12:26 PM
To: Greg Whalley/HOU/ECT@ECT
cc:
Subject: next week

running off to see the family tonight.  it was good talking last night.  i'm
in houston monday and tuesday.
might try and chase you down in your office.  what floor are you on and will
you be in the office?  thanks, chris.


no

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


Per Rod's comments, are we comfortable with the following three names as
off-line reference entities?

---------------------- Forwarded by John Metzler/LON/ECT on 03/05/2000 18:44
---------------------------

	From:  Rod Nelson                           02/05/2000 23:52

To: Tomas Valnek/LON/ECT@ECT, John Metzler/LON/ECT@ECT
cc:

Subject: approvals

      trading cp approval  reference credit approval

Ultramar Corp.     approved $5MM  approved $5MM

Petro-Canada    approved $5MM  approved $5MM

Louis Dreyfus Corp.    approved $5MM  approved $5MM

I assume that you will also seek approval from Legal.  I am still evaluating
Preem.

Rod


Good!!  I like it!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, February 04, 2002 10:12 AM
To:	Rybarski, Amanda
Subject:	RE:

youre in trouble

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Monday, February 04, 2002 10:09 AM
To:	Maggi, Mike
Subject:	RE:

thank you!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, February 04, 2002 10:09 AM
To:	Rybarski, Amanda
Subject:	RE:

it looks great

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Monday, February 04, 2002 10:09 AM
To:	Maggi, Mike
Subject:	RE:

I got a new haircut!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, February 04, 2002 10:09 AM
To:	Rybarski, Amanda
Subject:	RE:

absolutely

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Monday, February 04, 2002 10:08 AM
To:	Maggi, Mike
Subject:	RE:

you like?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, February 04, 2002 10:08 AM
To:	Rybarski, Amanda
Subject:

incredible


The response of Enron Corp to the subpoena served on June 20 by the
California AG is due this Thursday, July 19, 2001. We propose to respond in
a manner which is similar to the response served on behalf of EES last
month. Here for your review is a draft letter response with formal
objections.
>
>
>
>  <<3@jjc01!.DOC>>
>
>
>  <<3@JT901!.DOC>>

=======================================================
This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message.

To reply to our email administrator directly, send an email to postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com

 - 3@jjc01!.DOC
 - 3@JT901!.DOC


fyi

 -----Original Message-----
From:  Neustaedter, Robert
Sent: Monday, May 14, 2001 9:25 AM
To: Tribolet, Michael
Subject: RE: Schedules

Michael

The numbers for total sales load that are being used in your tables for PGE
and SCE are very much in line with the numbers used in the rate design
hearing, differing by less than 1 GWh that all parties used for testimony
purposes.  Consequently,  I feel pretty comfortable with those numbers.  I
don't have a similar comparison for SDGE, but based on other sources, their
sales load numbers also look in line.

Robert

	Michael Tribolet/ENRON@enronXgate 05/12/2001 11:27 AM 	   To: Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT  cc:   Subject: RE: Schedules

Did the working schedules yield any more info?

 -----Original Message-----
From:  Neustaedter, Robert
Sent: Wednesday, May 09, 2001 2:23 PM
To: Tribolet, Michael
Cc: Brown, Kortney; Jeffrey Soo/Enron@EnronXGate
Subject: Schedules

Just an update.

I'm still looking at the rate schedule descriptors, but for the most part
they look correct, except for some minor corrections that need to be made.
As far as the schedule not footing, I cannot give you a good answer on that.
Obviously some of the differences are rounding errors, but those are minor.
I've checked with Harry and one of the attorneys in the case to see if there
had been any errata notices with regard to the schedule but they were not
aware of any.  The other thing I will do, is look at one of the "working"
schedules filed in the rate design hearing and make a comparison.


Please call if you have any questions.

Mark Confer 5-7179


I want to make sure Joni sees everyting on CGAS as well.

jporte1@columbiaenergygroup.com on 03/16/2000 08:39:28 AM
To: Chris Germany/HOU/ECT@ECT, "        -         *Goodell, Scott"
<BLOCK@columbiaenergygroup.com>
cc: "        -         *Kinney, Doug" <BLOCK@columbiaenergygroup.com>
Subject: New SST Volumes for COH

Just a note that as of 4/1/00, CES' SST capacity on TCO will decrease. We have
submitted a request to COH for Storage Capacity and Transport (FSS & SST) for
the 00-01 season. COH should have the actual numbers late Friday, but I have
made a guesstimate below. You only get 50% of your Oct-Mar WD capacity for
Apr-Sep Inj, which could be around 50,000 dth/d. The numbers below are from
3/00, so 4/00 should be smaller, but I will forward to you as soon as I can.


broker has .0075, we have 0

thanks!


As requested, I went the abbreviated route.

Kay


----- Forwarded by Elizabeth Sager/HOU/ECT on 05/21/2001 08:31 AM -----

	Mark Taylor 05/09/2001 08:13 PM 	   To: Jeffrey T Hodge/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT  cc:   Subject: No More Confirms Agreement

Here is a first draft of an amendment agreement.  Please feel free to rip it to shreds.


We need to revise the Master Log to specifically identify ALL of the parties to the Master Netting Agreement between the Dynegy group and the Enron group because all contracts subject to that Master Netting Agreement were terminated effective as of December 20, 2001.

This should pick up Dynegy Canada Inc. and ENA pursuant to the Mster Agreement dated as of 6/16/95 and cause our recent default notice to become moot.

I have not pulled the Master Netting Agreement today.  Let me know if you have any questions.

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


Please find attached translation of the article "An interview with the
president of Enron Corp." from Nikkei Business dated May 7.

Best regards,
IRJ PR Services

 - Nikkei Business 10507.doc


Attached is a summary of an advice letter which proposes revisions to  PG&E,s
electric tariff sheets which are necessary as a result of the 2001  Attrition
Rate Adjustment (ARA) proceeding.
?
As this amount to a total electric revenue requirement increase of $189.126
million, I thought Roger might want to review it, so a copy is attached for
his  information.
?
Dan
 - 10-16-00 PG&E AL Summary Chart.doc
 - 2040-E TS.doc


Well, Larry just won't let go of these contract issues, will he??
I believe the answer is that SWGas will always be billed based on the
one-part rate, regardless of how we choose to allocate the rate components.
My understanding is that the reason we reserve the right to allocate the
components is simply for internal accounting purposes, to keep any one
component from exceeding the max or going below the min.
Hope this helps; let me know if you have further questions!

Lorraine Lindberg
07/25/2000 02:59 PM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: TSA #27252

Any advice on how to respond?
---------------------- Forwarded by Lorraine Lindberg/ET&S/Enron on
07/25/2000 03:00 PM ---------------------------

Larry L Black <llblack@attglobal.net> on 07/25/2000 02:26:43 PM
Please respond to llblack@attglobal.net
To: "Lindberg, Lorraine" <llindbe@enron.com>
cc: "Gildersleeve, Dave" <dave.gildersleeve@swgas.com>

Subject: TSA #27252

Lorraine,
Confirmation that I did receive your executed TSA and Letter Agreement.
I'm so glad you are excited.  We have so little in our lives to give us
true excitement.  At my age, I try to reserve all events of elevated
blood pressure for only the esoteric things.  (Just kidding.)  I'm very
pleased we finally got this done.  Now for the pipe wrench and welder
folks to get the physical jobs done, as well.

Unfortunately, the work is never over.  I will now try to concentrate on
the OBA, which has been sitting by the sideline for a long time.  Will
get back to you on that as soon as I can.

As for the TSA rate, I have a few questions.  We have agreed that TWPL
would allocate the rate between fixed and variable components.  I have
never been clear on just when and how that will be done.  I have assumed
you would make that call, let us know, and it would be over.  Is there
any idea that issue would be a changing thing, or is it "once done,
always done"?  Further, what factors do you use to make that
determination and what, if any, rules and regulations apply?  From
different views, I'd like to have it all variable and you would like to
have it all fixed.  What is the process here?

I will get back to you soon on the OBA stuff.  Meanwhile, chill that
champagne!
Larry

 - llblack.vcf


Jeff and  Steve
?
As you requested, I have  prepared a list of my preferred public policy
contacts?for  California.? It is composed of professionals from an array of
public,  private and non-profit backgrounds.? I have worked in some capacity
with?each of these people?and most I know quite well.?
?
Please call me for further  background.
?
Kevin
213-926-2626
?
Attachment
 - Kevin Scott -  Preferred Contacts - 6-20-01.doc


I created # 529824 for Nov and Dec.

D

	From:  Thu T Nguyen                           12/12/2000 02:58 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Meter 8741/1587 Nov 00

Daren,

I need a deal set up for Nov 00.  Per Gary Hanks, gas is taken from South
Texas and put into Midtex Pipeline at Dewville and taken out at Sheridan -
HPL mtr 8741/Midtex mtr 1587.  Let me know if you need further information.
Thanks

Thu


Teco Tap       45.000 / Enron ; 42.500 / HPL IFERC

LS HPL LSK IC       15.000 / Enron


Stephanie, please follow - up to find out the account number, confirm the execution date and get the documents back.

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

	Stephanie Panus 05/21/2001 12:29 PM 	  To: Cheryl Nelson/NA/Enron@Enron  cc:   Subject: Re: Goldman Sachs - ECI

I have left a message with Nikki Kroll today.

	Cheryl Nelson Sent by: Cheryl Nelson 05/21/2001 10:50 AM 	   To: Stephanie Panus/NA/Enron@Enron  cc: Sara Shackleton/HOU/ECT@ECT  Subject: Goldman Sachs - ECI

Stephanie,

I have asked a couple of times but still have not heard back from you about what happened to the Goldman Sachs completed agreements I gave you on Thursday 10th to get signatures and send to Goldman.  When Tom and I spoke this morning he expressed angst that Goldman did not have the Agreement yet.  Can you tell me today where those documents are and whether or not they went out to Goldman?

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/
----- Forwarded by Cheryl Nelson/NA/Enron on 05/21/2001 10:45 AM -----

	Cheryl Nelson Sent by: Cheryl Nelson 05/17/2001 11:37 AM 	   To: Stephanie Panus/NA/Enron@Enron  cc: Tom Doukas/Enron@EnronXGate  Subject: Goldman Sachs - ECI

Hi Stephanie, can you call Pam Coleman or whomever you sent the agreement to at Goldman last Thursday to get an account number and confirmation?  Thanx.

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

<Embedded StdOleLink>


The new office in Oslo is "going live" today,  Monday, July  24.  Please make
a note of the new address.

Enron Nordic Energy
Hoffsveien 1D
Postboks 637, Sk>yen
0214 Oslo
Norway

All the phone numbers are the same as before.


Due to the overwhelming response from Enron employees and contractors, today's blood drive appointments are completely full, and there are a large number of you who still wish to donate blood.  We are working diligently with the M. D. Anderson Blood Bank to schedule another day for blood donations, and you will be notified as soon as that date is secured.  For those of you who are interested in giving, please continue to either call the Enron Health Center, ext. 3-6100, to get your name on the waiting list or go to the donation line in front of the building.  We recognize and are grateful to the many of you who are wanting to give blood today, but ask that you be patient and understand our inability to accept walk-in donations at this time.

Thanks again for the tremendous outpouring of concern.


Liz and Christian Yoder reviewed the description since you were out.


Shanna, we certainly can hire and manage him out if the performance is not
there.  Do we not think he'll be a good performer?   Michelle

Shanna Funkhouser@ENRON
12/06/2000 09:47 PM
To: Michelle Cash/HOU/ECT@ECT
cc:
Subject: Re: Weather Candidate

Michelle,

Don't know that this alternative would be too appealing to the candidate, but
I can explore it with Mark.

What would happen if we hire him as an Enron employee, he has a mid year
review that is not stellar, and then by September of next year we decide to
terminate for non-performance?

Shanna

Michelle Cash@ECT
12/05/2000 11:29 PM
To: Shanna Funkhouser/Corp/Enron@ENRON
cc: Cindy Skinner/HOU/ECT@ECT

Subject: Re: Weather Candidate

What about payrolling through an agency so that he is on a contract-to-hire
basis?  That way, we can say that the intent is to hire, but that we are
evaluating the situation before making a regular, full-time offer.  Customers
understand contract-to-hire concept, so it may not raise "lack of commitment"
jitters.

What do you think?

Michelle

Shanna Funkhouser@ENRON
12/05/2000 07:05 PM
To: Michelle Cash/HOU/ECT@ECT
cc: Cindy Skinner/HOU/ECT@ECT
Subject: Weather Candidate

Michelle,

Mark Tawney has a situation where he wants to hire a Manager level person in
the Chicago office on a trial basis as a Marketer of Weather products.

This is a trial effort and if it fails, there would be no job for him in
Houston or otherwise.  Mark is thinking that a 6-9 month evaluation period
would be adequate to determine success.  How would you recommend that we
structure an offer that gives us an out if the initiative fails.  We thought
about hiring him as a contractor or consultant in order to minimize our
commitment, but we're concerned that if our potential customers learn of his
employment status, it may appear to our customers that we are not committed
to the effort or the market.  Mark is willing to be completely above board
with the candidate that this may or may not work.

My belief is that we are going to have more of this exact situation in EGM.
Kevin McGowan is also looking for a Marketer for Coal.  The people they are
targeting have sales backgrounds and would not be re-deployable in other
parts of Enron.

My goal is to minimize our exposure on the front end!

Shanna


I apologize for the delay this evening. Have a great time in vegas.


The Late Day Rotation for Preschedule coverage is as follows:

Monday - Lisa
Tuesday - Stacy
Wednesday-Donald
Thursday - Diane
Friday - Susie

Please refer late calls for preschedulers who have left for the day to the
late day person.


---------------------- Forwarded by Jane M Tholt/HOU/ECT on 02/26/2001 09:45
AM ---------------------------

"deborah macdonald" <dmacdonald@houston.rr.com> on 02/23/2001 05:48:05 PM
To: "Jane Tholt" <jtholt@enron.com>
cc:
Subject: Fw: Waste management (oxy-moron)

Told Larry we would get together for dinner when he gets to Houston-
wouldn't it be fun to see him again? More details later. Do you have an
e-mail address at home yet? This is mine.
----- Original Message -----
From: "Lawrence Gilbert" <larrygilbert@earthlink.net>
To: "Deb MacDonald" <dmacdonald@houston.rr.com>
Cc: "Leslie Lawner" <llawner@enron.com>
Sent: Wednesday, February 21, 2001 8:54 AM
Subject: Waste management (oxy-moron)

> Deb/Leslie
> My apologies for not responding to you both for the incredibly touching
> E-mail card.  One of my more emotional moments in the last few months.
> Actually, I had teared up and shorted out my computer while attempting
> to send a gracious response, the result being an electrical shock that
> sent me in a fit of utter gaggle babble whereby I went charging around
> my office yelling "I can solve the California Energy Crisis, I can solve
> the California Energy Crisis!".  Fortunately, I have come to my senses
> and have realized I don't need to solve the California Energy Crisis,
> they deserve everything they get.
>
> How are you doing, hopefully, not blowing crap up like Bob and Me
> (Leslie-have you talked to Bob lately?).  Yes, we did have a small
> "parting of the pipes"  herein after referred to as a "POP" at our
> Shreveport plant.  Luckily, no one hurt, and no resemblance of a 3 Mile
> Island Nuclear disaster.
>
> Deb-It looks like I will be coming down to H-town in the next few
> weeks.  My brother (still with Enron-up in Canada) is coming back for a
> visit.  When I get the actual date(s) I will let you know and hopefully
> we can maybe get together for a bite.
>
> Again, thanks for the card, it was very thoughtful of you both.
>
> Larry
>
>
>
>
>


Hello Members,
As a matter of information, it is very important you read the document
below.  As a member of our Board, it is possible that you could be
approached by individuals who may listen to a nationally syndicated radio
talk show entitled, Glenn Beck Talk Show.  If you have any questions, please
give us a call.

 (Click to open)

 <<nov8statement.doc>>

Administrative Coordinator - President's Office
United Way of the Texas Gulf Coast
2200 North Loop West  (77018)
Phone: 713-685-2764
Fax: 713-685-5556
E-mail: ajones@uwtgc.org
Website: www.uwtgc.org

 - nov8statement.doc


Sorry for the miscommunication but your password is blank.  After you log in.
please change your password by going to the Go To menu and change your
password.

---------------------- Forwarded by Stinson Gibner/HOU/ECT on 03/06/2001
08:44 AM ---------------------------

Stinson Gibner
03/05/2001 03:37 PM
To: Kenneth Parkhill/NA/Enron@ENRON, Jaesoo Lew/NA/Enron@ENRON, Tom
Halliburton/Corp/Enron@Enron, Kevin Kindall/Corp/Enron@ENRON, Bob
Lee/NA/Enron@Enron, Alex Huang/Corp/Enron@ENRON, Tanya
Tamarchenko/HOU/ECT@ECT, Joseph Hrgovcic/Enron@EnronXGate, Gwyn
Koepke/NA/Enron@Enron, Rakesh Bharati/NA/Enron@Enron, Martin Lin/HOU/ECT@ECT,
Rabi De/NA/Enron@ENRON, Chonawee Supatgiat/Corp/Enron@Enron, Seksan
Kiatsupaibul/HOU/EES@EES, Wichai Narongwanich/HOU/EES@EES, Sevil
Yaman/Corp/Enron@Enron, Tom Barkley/NA/Enron@Enron, Pinnamaneni
Krishnarao/HOU/ECT@ECT, Osman Sezgen/HOU/EES@EES, Praveen
Mellacheruvu/HOU/EES@EES, Sandeep Kohli@Enron, Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Livelink Access

You have been added to the Livelink test instance for research.   See below
for the link.

---------------------- Forwarded by Stinson Gibner/HOU/ECT on 03/05/2001
03:32 PM ---------------------------

	Enron Technology

	From:  Moyez Lallani @ ENRON                           01/16/2001 10:46 AM

To: Stinson Gibner/HOU/ECT@ECT, Vasant Shanbhogue/HOU/ECT@ECT
cc:
Subject: Livelink Access

Gentlemen,

I have created a folder called Research Projects Folder in the Livelink test
instance.  The URL to the test instance is

http://nahou-kmcprm01t/livelink/livelink.exe

To log in, use your NT login id as your userid and password (all lowercase).
You will find the folder on the Enterprise Workspace.  Please call me should
you require further assistance.

Moyez Lallani
X5-3683


Hi Dan,

One more thing I want to mention.  As you know, Enron has a confidentiality
agreement with a competitor of Fuel Cell (I believe it is ONSI).  The
agreement has an exclusivity arrangement, which prevents the other company
from chasing certain transactions without Enron.  Once we really know what we
are going to do with FCE, will it be necessary/advisable to waive the
exclusivity provision to avoid any restraint of trade arguments?

FYI, When I last discussed the other company with Ozzie and Heather on
Friday, they were planning on calling the other company to tell them the
general status without violating confidentiality obligations to FCE or CRRA.
I will follow up to get the details of the discussion.

Kay


Gisb

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


As previously discussed, please see the attached GISB draft for your review.
Please do not hesitate to contact me with your questions and or comments.

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


Summary of today's meeting from our trade association and a news article picked up by Steve Hall.

GAC

FYI.  At today's FERC meeting two sets of items were voted out that pertain directly to the CA markets.  This summary is based upon the discussion at the meeting, and the actual orders will contain additional details that may not be reflected here.  A subsequent email will circulate with links to the FERC orders once they are posted.

1)  FERC voted out an order granting in part, and denying in part, the Reliant / Mirant complaint against CAISO.  The order builds on the 11/7 creditworthiness order and finds that DWR is a Scheduling Coordinator, that it should not have access to confidential information not also available to others, and that DWR should be scheduling and operating pursuant to the CAISO tariff.

During the discussion on this item, Massey noted concern about CAISO allegation that the BEEP stack is not reliable b/c generators are not following dispatch instructions.  Massey wants CAISO to promptly inform the Commission where they believe an entity is not complying with the tariff or failing to follow the dispatch instruction.

2) The second set of orders involves three dockets: (a) a new 206 rulemaking regarding market-based rate authority; (b) revision of the market power test, made in the context of a triennial review of market based rate authority; and (c) a narrow exemption to the FERC market mitigation for entities with market power pursuant to the order in (b).

FERC is putting out a new rulingmaking regarding market-based rate authority to close what they find to be a flaw with existing tariffs in the wake of California's problems.  The rulemaking initiated today calls for the imposition of a refund provision in all market-based rates.  The refund requirement attaches to "bad behavior" such as economic or physical withholding or other anticompetitive actions.  Apparently there is a portion of the rulemaking that asks for comments within 15 days.  During discussion, Massey pointed out that no "bad behavior" was found in California, and that customers should not be forced to bear the burden where the market goes out of control.

FERC has revised the market power analysis used to support a request for market-based rate authority.  FERC is now establishing a "supply margin analysis" (SMA) to replace the "hub & spoke" analysis used to determine the presence of market power.  The SMA looks for "pivotal" suppliers based on peak demand within a market.  The definition of the market would recognize the role of transmission constraints.  A generator is considered "pivotal" where its supply is required to meet system peak demand.  If such status is found, the market-based rate authority does not extend to those peak conditions, and instead the applicable rates are a cost-based rate that is applicable only to the uncommitted unit capacity.  Rates for any such capacity would be posted in INCs and DECs for that uncommitted capacity.  This policy revision occurs in the context of a triennial review of market based rate authority for AEP, Southern and Entergy.  Additional details will be in the order and we'll send an email
with links when it gets posted.

The last item would create a narrow exemption to the application of SMA and maket power mitigation in the case where the supplier is in a ISO or RTO with existing, FERC-approved market mitigation mechanisms.  While this order was to be adopted along with the other two noted above, it was held for some revisions and is expected to come out either later today or tomorrow.  The context for this order is the Huntington Beach application.  The language revisions are aimed at addressing concerns that at the end of the west-wide mitigation in the coming September, there would not be an effective replacement mitigation mechanism at CAISO.

We will have a short discussion on these items during the FERC call at 10 am today.  ABB

--
Andrew Brown
Sacramento, CA
andybrwn@earthlink.net

 -----Original Message-----
From: 	Hall, Steve C. (Legal)
Sent:	Tuesday, November 20, 2001 10:09 AM
To:	Comnes, Alan
Subject:	FW: USA: UPDATE 1-FERC claims jurisdiction over Calif water dept.

You may have seen this.

 -----Original Message-----
From: 	Bryson, Jesse
Sent:	Tuesday, November 20, 2001 10:07 AM
To:	Hall, Steve C. (Legal)
Subject:	USA: UPDATE 1-FERC claims jurisdiction over Calif water dept.

USA: UPDATE 1-FERC claims jurisdiction over Calif water dept.

11/20/2001
Reuters English News Service
(C) Reuters Limited 2001.
WASHINGTON, Nov 20 (Reuters) - The Federal Energy Regulatory Commission on Tuesday said it has jurisdiction over California's main power purchasing arm, the California Department of Water Resources, which took over buying power for much of the state earlier this year.
FERC also told the California Independent System Operator (ISO), which manages the power grid, to stop giving preferential treatment to the state water agency.
As a power scheduling coordinator for PG&E Corp and Edison International's Southern California Edison, the water department must file with FERC a tariff schedule, FERC staffers said at a commission meeting. Those schedules are routinely required of other market players.
The water department also should not be privy to market information unavailable to other market participants, the commission said. Such information sharing constitutes "preferential treatment of the ISO towards the (state) water department, said FERC Commissioner William Massey.
The California ISO manages the state's transmission grid and runs a complicated daily power auction to match buyers and sellers. FERC is currently auditing the ISO.
The California Department of Water Resources became the state's only credit-worthy buyer earlier this year. The state stepped into the role after power shortages and impending price spikes barred direct purchases by the state's two largest utilities.
Pacific Gas & Electric filed for Chapter 11 bankruptcy protection in April and SoCal Edison's credit is rated junk status.
Generators accused the California ISO of sharing sensitive market information with the water department and tilting its auction rules to favor long-term contracts inked in the wake of the power crisis.
Power generators Mirant Corp. and Reliant Energy Inc. have complained to FERC that information-sharing between the water department and the California ISO violates the California ISO's tariff.


John,

He travels periodically to
Houston. I may inquire about his next trip.

If you want to speak to him urgently, I can arrange
a phone interview or invite him to Houston.

Vince

-----Original Message-----
From: Lavorato, John
Sent: Tuesday, October 23, 2001 10:12 PM
To: Kaminski, Vince J
Subject: RE: A resume

I would love to talk to him.  Does he live in France.  Is it easier for him to work in London. If not I would be happy to do a phone interview.

Please advise

-----Original Message-----
From: Kaminski, Vince J
Sent: Mon 10/22/2001 12:28 PM
To: Lavorato, John
Cc: Collonges, Remi; Zipper, Andy
Subject: A resume

John,

I am not sure if I have already sent you this resume.
Please, take a  look at it. I met Claude a few years ago
and was greatly impressed by him. He may be a good candidate to
work with Andy Zipper.

Vince

<<Claude Philoche.doc>>


On item #1, I don't believe they have the latitude through an application
to change the statute language.  However, that is not our issue to raise.
I don't believe we have a problem with items #2 and 3.  On item #4, I also
don't think we should be raising this, but I think it is a loser to say,
"we keep all the upside and pass through all of the downside".

The only thing we may wish to protest is the amortization of any
undercollected balance in 18 months.  Considering the potential size of the
undercollection, that quick a recovery could raise prices significantly and
affect our deals.  Also may be rate shock.

We have 30 days from October 24 to file comments.  Let me know any other
thoughts
---------------------- Forwarded by Mona L Petrochko/NA/Enron on 11/02/2000
07:04 PM ---------------------------

JMB <JBennett@GMSSR.com> on 10/27/2000 05:58:52 PM

To:   "'ARM@PHASER.COM'" <ARM@PHASER.COM>
cc:   MBD <MDay@GMSSR.com>

Subject:  SDG&E Application to Implement AB 265

On October 24, 2000, SDG&E applied to the Commission for an order
implementing Assembly Bill 265.  SDG&E states that while Commission
Decision
00-09-040 implemented the rate ceiling required by that bill, it did not
take any additional steps to "protect against a simple deferral of payment
by future customers," consistent with AB 265 Section 1(b).  Accordingly,
SEDGE requests that the Commission take the following additional steps:

1. Establish a rate freeze (as oppose to a ceiling) of 6.5 cent/kWh.  SDG&E
estimates that a freeze will result in an undercollection of approximately
$500 million through 2002 instead of the $630 million undercollection which
a rate ceiling will generate.

2.  The Commission should authorize SDG&E to use all the financial and
physical tools available in the marketplace to procure energy for bundled
service customers.

3.  The Commission should provide guidance for SDG&E's exercise of its
procurement function (e.g., price stability v. least cost procurement).

4.  In implementing Section 332.1(c), which requires SDG&E to "utilize
revenue associated with sales of energy from utility owned or managed
generation assets to offset any undercollection" resulting from the rate
ceiling/cap, the Commission should (a) preserve the historic allocation of
such revenues (which is approximately 60% to customers below 100 kw and the
remainder to those above) by requiring that SDG&E only apply 60% of these
revenues to such undercollection, and (b) not require SDG&E to use revenue
from post-AB 1890 power purchase contracts to offset the undercollection
resulting from the rate ceiling/cap.

5. Allow SDG&E to amortize any remaining undercollection resulting from the
rate ceiling/cap in no more than 18 moths after that ceiling/cap ends.

Please call if you have any questions.

If you would like a copy of the application, let me know (unfortunately I
do
not have it on e-mail, but it is only 18 pages long).

Jeanne


Due to system problems we were unable to release the Transmission MTM value for the 16th's P&L.
I will be working on this w/ Houston IT to resolve.... I will let you know when we are able to
release the value.

Thanks for your patience,
Heather


Vince,

All's okay with Jeff Shankman re. charging us for one of your managers.

Let's move forward on this as soon as possible--I have some momentum building and need to keep pushing our group ahead.

When you designate someone from your group for this role I would like to involve him in the hiring of their own support team.  We already have a lead on a good quant. analyst and would like the input of whomever you select for this new role.

Thank you very much for your help and support.

Jeff

-----Original Message-----
From: Shankman, Jeffrey A.
Sent: Tuesday, October 23, 2001 1:32 PM
To: Andrews, Jeff
Subject: RE: quantitative research role in EGM fundys

yes

-----Original Message-----
From: Andrews, Jeff
Sent: Tuesday, October 23, 2001 1:28 PM
To: Shankman, Jeffrey A.
Subject: quantitative research role in EGM fundys

Jeff,

Per our conversation earlier this month I discussed with Vince Kaminski the possibility of getting a quant. guy on permanent loan to our group to help manage the more complex analyses I want our guys to be doing.

Vince is amenable to letting us have one of his managers.  However, because is group is stretched thin and he wants to keep his headcount flat, he would want to hire a replacement and charge the manager we get to us.

I would also want to hire an analyst to help this quant. guy with general research ideas and data gathering.

Is this acceptable to you?

Jeff


We have another new addition to the Portland West Desk.  Beginning today,
Craig Dean has joined the Real-Time Trading group.

Prior to Enron, Craig worked as a statistics Intern at US West, a Financial
Advisor with H&R Block, and most recently, as a Financial Advisor at Morgan
Stanley. He is a '96 graduate of Washington State University with a degree in
Accounting and Finance.

Please welcome Craig to our Portland Office!


Have susan m. call me on this guy.

Jennifer Burns

10/10/2000 11:47 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Mike Schick

?????
---------------------- Forwarded by Jennifer Burns/HOU/ECT on 10/10/2000
11:47 AM ---------------------------

"Susan Magnani" <magnani@thesearchcenter.com> on 10/10/2000 11:48:59 AM
To: "Jennifer Burns" <jennifer.burns@enron.com>
cc:
Subject: Mike Schick

Jennifer/Jeff,
?
Was there an interest in Mike Schick?
?
Susan
 - Susan Magnani.vcf


Hi Sara, Christian Yoder asked me to send you the language below.  He wanted
you to convert this language so that it would apply to the Merced financial
transaction attached above.  Please call Christian with any questions.

In the event that NP-15 is split into multiple congestion zones, EPMI may
deliver, at EPMI,s choice,  to the Zone that most nearly resembles NP-15 as
it was on 9-1-2000 in terms of size, liquidity, and homogenity or to a Zone
in which either Fiddyment or Berry Street reside.

Thank you,
Melissa


Rob,

Thanks for approving those products, but I still need Exxon Katy for Jan01
approved.

Thanks,

Eric


Strickland Chris
227,Black Prince Ave,
Coventry
CV3 5JH
UK

Phone: 61 2 9514 7754
 61 2 9460 3079 (h)
Phone: 44 793 927 3746


Mark, we purchased a gift certificate from the group for Polsky's Wedding... if anyone is interested in chipping in from your place, pls send to stephanie.. the total gift was $ 200.00.

BT


Larry, please see attachments:  On large projects we usually refer to
Norherns Plans and Procedures.  However, I think what may help you is a
generic form that we use in Iowa.


Please see attached.  If you have any questions, please call Brenda
Flores-Cuellar at 713-853-1914 or Tom Gros at 713-853-5537.

 -----Original Message-----
From:  Greg Drillock <gdrillock@sempratrading.com>@ENRON
[mailto:IMCEANOTES-Greg+20Drillock+20+3Cgdrillock+40sempratrading+2Ecom+3E+40E
NRON@ENRON.com]
Sent: Tuesday, February 27, 2001 4:29 PM
To: Solmonson, Mary
Cc: Gros, Thomas D.; Jeff Rosenzweig; Vincent Loud
Subject: RE: Dates/Times for Possible meeting to discuss back office autom
ation

Jeff and myself would like to come down for a visit next Wednesday, March
7th.
Could we schedule a meeting for 11am?

-----Original Message-----
From: Solmonson, Mary [mailto:Mary.Solmonson@ENRON.com]
Sent: Monday, February 26, 2001 6:19 PM
To: Greg Drillock (E-mail)
Cc: Gros, Thomas D.
Subject: Dates/Times for Possible meeting to discuss back office
automation

I enjoyed speaking with you last week.  As promised, below are proposed
times for a meeting in Houston to explore the opportunity we have to
offer in more detail.  I have also spoken with representatives in Enron
Online regarding your desire to receive a feed of deal data from EOL and
should have someone available to discuss potential solutions with you.

Here are some proposed dates/times to pick from.  Let me know what suits
your schedule best.  We're thinking we'll spend the first bit of time
giving you an overview of what we're working on and proposing and then
go from there.  We'll probably spend at most 2 hours in this first
meeting.

Wednesday 3/7    anytime between 10-5
Thursday     3/8  anytime between 8-12
Friday         3/9  anytime between 11-5

We would also enjoy the opportunity to treat you to lunch if scheduling
permits.  Let me know which day/time works best for you and I will
proceed with finalizing the schedule.

****************************************************************************
This e-mail contains privileged attorney-client communications and/or
confidential information, and is only for the use by the intended recipient.
Receipt by an unintended recipient does not constitute a waiver of any
applicable privilege.

Reading, disclosure, discussion, dissemination, distribution or copying of
this information by anyone other than the intended recipient or his or her
employees or agents is strictly prohibited.  If you have received this
communication in error, please immediately notify us and delete the original
material from your computer.

Sempra Energy Trading Corp. (SET) is not the same company as SDG&E or
SoCalGas, the utilities owned by SET's parent company.  SET is not regulated
by the California Public Utilities Commission and you do not have to buy
SET's products and services to continue to receive quality regulated service
from the utilities.
****************************************************************************


Group,
Please review the counterparty list and update as necessary.   Use for training.

JMF
-----Original Message-----
From: Phillips, George
Sent: Monday, November 05, 2001 11:33 PM
To: Forney, John M.
Subject: RE: Counterparty List

I updated the list when I received it and saved it in the M:Electric/24HOUR/GeorgePhillips/24HourCallList directory.

-----Original Message-----
From: Forney, John M.
Sent: Mon 11/5/2001 9:57 AM
To: Phillips, George
Cc:
Subject: Counterparty List

George,  was it you that created a counterparty list?   We need to distribute to the new traders asap.
We are to have a meeting this week to discuss expectations and immediate goals (making money).

give me a call when you get the chance.

Thanks,
JMF


GICS are negotiated


Mark:

Just in case you're curious, attached is a listing of items Jason is handling
for the group.  I'm trying to keep track.


TO: Members of the Advisory Board of the
 International Oil and Gas Educational Center

FROM: Pat Martin, Chair

                 I am very pleased to tell you that the
Alamo [ http://www.thealamo.org/ ] and adjacent Alamo Hall
[ http://www.thealamo.org/map_nojs.html ] will be the venue for our annual
Advisory Board reception and dinner on Wednesday, February 14, 2001.

 Our Annual Meeting of the Advisory Board will be conducted earlier that
afternoon at the Hilton Palacio del Rio on San Antonio's River Walk [
http://hotx.com/rb/ ].  Details and an RSVP form about both the meeting and
the dinner that evening will be mailed to you in early January.  February 14
is also Valentines Day, so mark your calendar now to attend the Annual
Meeting and plan to bring your spouse or guest with you to our very special
dinner event at the Alamo that night.

 I am equally pleased to announce that the recipient of the IOGEC's 2001 John
Rogers Award -- and featured speaker at the award ceremony -- will be Enron
Chairman and CEO, Ken Lay.  The award will be presented at a special hosted
reception and dinner ceremony on Thursday, February 15, 2001 at the unique
Institute of Texan Cultures
[ http://www.texancultures.utsa.edu/main/ ].

 Our Advisory Board meeting and festivities as usual immediately precede our
annual Institute on Oil and Gas Law and Taxation.  The 52d Annual Institute
will be held Thursday-Friday, February 15-16, 2001, at the  Hilton Palacio
del Rio
[http://www.hilton.com/hotels/SATPDHH/index.html;$sessionid$4UKQTPQAAADTBJ31AO
DSFFI?_requestid=10505 ] on the River Walk.  Institute Co-Chairs Bill
Schwind, Brad Keithley and Dennis Grindinger have assembling an outstanding
and innovative program, including:

 * optional multi-session segments on US Onshore, Federal/US Offshore,
International, Environmental, Litigation and Emerging Issues,

 * presentations by top federal oil and gas officials, including the Chairman
of the Federal Energy Regulatory Commission (FERC),  the Director of the
Minerals Management Service (MMS) and the Director of the Office of Foreign
Asset Control (OFAC),

 * presentations by top state oil and gas officials, including  Commissioners
of the Texas Railroad Commission and the Louisiana Office of Conservation and
the Vice Chair of the Oklahoma Corporation Commission,

 * presentations by top law school faculty, including Professors Earnest E.
Smith from the University of Texas, Bruce Kramer from Texas Tech University,
Ira Shepard of the University of Houston and Martin J. McMahon of the
University of Florida,

                               presentations by top oil and gas attorneys,
including Williams Companies SVP and General Counsel Bill von Glahn, former
Coastal Corp. General Counsel Mike Beatty and former EEX SVP and General
Counsel and current IOGEC Vice Chair Janice Hartrick, and

 * tours of San Antonio and its historical sites for registrants' family and
friends during the Institute.

The Institute materials will be provided to Institute registrants on CD as
well as in the traditional notebook.  As they have been for 51 years, the
papers by the Institute faculty will ultimately be edited and published by
Matthew Bender & Company in its annual Proceedings of the Oil and Gas Law and
Taxation Institute.

                 An Institute brochure with further information about the
Institute, the Rogers Award ceremony and related events in San Antonio will
be mailed to you shortly after Thanksgiving.

 I remind you that as a member of the Advisory Board of the IOGEC [
http://www.swlegal.org/iogec/ ], you are entitled to attend this cornucopia
of professional, educational and social  events cost-free:

 *  the Advisory Board Annual Meeting on Wednesday afternoon,
 * the Advisory Board reception and dinner at the Alamo on Wednesday evening
(you are invited to bring your spouse or guest to this special event without
charge),
 * the John Rogers Award Reception and Dinner at the Institute of Texan
Cultures on Thursday evening (tickets for your spouse or guest will be
available for purchase), as well as
 * the entire Oil & Gas Law and Taxation Institute, including the two-day
program and a hosted luncheon on Friday.

               The Institute is followed by a three-day weekend (Presidents
Day is Monday, February 19, 2001), and San Antonio is Texas' top tourist
destination for many good reasons, so I look forward to seeing you in
February in San Antonio
[ http://www.sanantoniocvb.com/INDEXED.HTM ].

               Enjoy the Thanksgiving holidays.


Mike,

 In response to your voice mail, yes the change from Enron Capital & Trade
Resources Corp. (ECTR) to Enron North America Corp. (ENA) was a name change.

 The Global Contract No. for the ENFOLIO Master Purchase/Sale Agreement for
General Service Customers - Houston, East Texas and Gulf Coast Divisions
dated effective as of April 1, 1999 between ECTR and Entex, a division of
Noram Energy Corp. is 96019120.

 The Global Contract No. for the ENFOLIO Master Purchase/Sale Agreement for
Large Commercial and Industrial Consumers dated effective as of May 1, 1995
between ECTR (assignee of HPL Resources Company) and Entex, a division of
Noram Energy Corp. is 96004582.

 The Global Contract No. for the ENFOLIO Master Purchase/Sale Agreement dated
effective as of May 1, 1995 between ECTR (assignee of HPL Resources Company)
and Unit Gas Transmission Company is 96002879.

 Please call me at (713) 853-6895 if you need anything further concerning the
foregoing.


EFF_DT PORTFOLIO_ID DOWN95
1/12/01  MANAGEMENT-COAL 2,946.
1/12/01  MANAGEMENT-CRD 25,324.
1/12/01  MANAGEMENT-GAS 968,396.
1/12/01  MANAGEMENT-PWR 185,205.
1/12/01  AGG-MANAGEMENT 1,066,447.

	From:  Kori Loibl                           01/12/2001 04:00 PM

To: Robin Rodrigue/HOU/ECT@ECT
cc:
Subject: CCT Var

Can you please cc Errol and Susan on Tuesdays Var?

Thanks.
K.


Here are the notes from the PNM Meeting held in Albuquerque.. Thanks for all the help. Rick
---------------------- Forwarded by Rick Smith/ET&S/Enron on 11/09/2001 08:44 AM ---------------------------

"Sinclair, Marlina" <MSINCLA@pnm.com> on 11/08/2001 10:47:36 AM
To:	"'rick.smith@enron.com'" <rick.smith@enron.com>
cc:

Subject:	11/7/01 TW / PNM mtg.

To:  Rick Smith

From: Chuck Thompson

Subject: Rio Puerco Operating Issues

Here's the "quick and dirty" on the strategies discussed on Monday....

Look at the TW 10" as the primary run..... investigate the possibility of installing 1/4" (thickness) orifice plates in both TW runs....If 1/4" plates are not possible, investigate meter run change-outs....TW to speed up the pid response on the "mushroom" regulators....
Take the TW "mushrooms" out of service and PNM to provide flow-control.... take the TW positive shut-in valve out of service.... PNM to provide shut in sequence with minimum flow parameters to be set at approx 12,000 - 15,000 mcfd rate....
Investigate joint venture ultrasonic installation.

Sorry for the delay in getting this out.... took my notebook out and put it in my truck, son took my truck..... or if you don't like that one.... my dog ate my papers..... had to use the paper to write an emergency note for an elderly couple.....


Dave Fuller has recently joined the ENA West Gas Desk.  Dave will continue to
work here in Portland, but will report to Barry Tycholiz in Houston.    As
Manager of Origination, Dave will be responsible for originating commodity,
service, transport and storage transactions with utility and industrial
customers across the Western U.S.  Please join me in congratulating Dave on
his new position.


Attached are summaries of two SDG&E advice letters.? No protest  material
here.
?
Dan
 - 12-11-00 SDG&E AL Summary Chart.doc


<<2R6L18!.DOC>>  <<2RM309!.DOC>>  <<2RLS10!.DOC>>  <<2R6K13!.DOC>>
<<2RSW04!.DOC>>

Kay:

Electronic copies of execution drafts of the following documents are
attached:

 1.  Letter Agreement for CA Energy Development I LLC;
 2.  Letter Agreement for CA Energy Development II LLC for the
turbine;
 3.  Letter Agreement for CA Energy Development II LLC for the
transformer;
 4.  First Amended and Restated Limited Liability Company Agreement
for CA Energy Development I LLC; and
 5.  First Amended and Restated Limited Liability Company Agreement
for CA Energy Development II LLC.

The originals of these documents were forwarded by courier to your office on
Friday.  I will deliver the original Guaranty Agreements to you today.  Let
me know if you need anything else.  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: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
  Sent: Tuesday, January 02, 2001 8:40 AM
  To: Campbell, Carolyn
  Subject: CA documents

  Hi Carolyn,

  Please email me the execution version of the documents
signed last week, as
  well as the current version of the other documents.  Were
the originals put
  in the mail?  My assistant isn't here, so I can't tell what
I have yet.

  Thanks,

  Kay

                    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.

 - 2R6L18!.DOC
 - 2RM309!.DOC
 - 2RLS10!.DOC
 - 2R6K13!.DOC
 - 2RSW04!.DOC


This is a "high volume" counterparty.  Shouldn't we be pursuing an ISDA to
replace the existing ECT Master?  Susan, your last entry was 3/9/99.  SS


Ehud,

Thursday would be great.

I shall make reservations.

Vince

"Ehud I. Ronn" <eronn@mail.utexas.edu> on 08/25/2000 08:19:02 AM
To: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject: Dinner Thur. Evening?

Vince,

Greetings.

I have not been advised by Amy Lamonsoff of a planned Risk dinner next
Thur.  If there will not be such a dinner, would your schedule permit a
dinner next Thur.?

Best,
Ehud

==============================================
     Ehud I. Ronn
     Department of Finance
     McCombs School of Business
     University of Texas at Austin
     Austin, TX. 78712-1179
     Voice:  (512) 471-5853
      FAX:   (512) 471-5073
      Internet:  eronn@mail.utexas.edu
=================================================


Here's a new legislative strategy in Sacremento idea based on the attached
e-mail   --

1. Let other's worry about SDG&E fixes.  First, even if the legislature
doesn't do anything, the CPUC fix is already in place.  SDG&E doesn't need
any statues to "do the right thing".  We should just leverage the CPUC.
Second, it looks like the Dems and Reps are going to reach conclusion on a
SDG&E bill; our language is in the mix.  Let's not be too close in case
something blows up.

2. Finish the Williamson Act.  Dave Parquet says that having the fixes now is
probably worth $10MM because he can flip the property this year instead of
next year (need 4Q00 earnings).

3. Cut a deal with SCE / PG&E / CMA.  The big issue in California is to make
money in the place where the market is the biggest.  Also, we need to protect
(a) EES' book and (b) ENA's ability to buy and sell in CA without wholesale
price caps (this takes no retail rate volatility).    Maybe we could get
these parties to agree on some key going forward issues for the market -
natural gas restructuring, wholesale market with Flowgate model, deal on key
FERC Unresolved Issues, maybe something commercial with PG&E?   The deal is
to have the retail rate cap extended, but not the CTC collection, until
12/31/03 with a CPUC opener to 12/31/04.  Not sure if this sales or if
they'll let us in the tent, but would be interesting to discuss with Sandi.
From what I can tell we seem to be preventing this bill.  Let' remember that
this is just going to be an issue next Summer and so why not deal with it now.

Please let me know your feedback.

Jim

---------------------- Forwarded by James D Steffes/HOU/EES on 08/29/2000
06:52 PM ---------------------------

Jeff Dasovich
08/29/2000 06:50 PM
To: James D Steffes/HOU/EES@EES
cc:
Subject:

FYI.  According to Roger, if the freeze is extended out toward 2004 for PG&E
and Edison, his book makes BIG money.


Attached is a draft employee memo, which has been reviewed by both Rebecca and Paula.  Please review, and let me know if you have any comments or changes.

Thank you.
Karen


CALENDAR ENTRY:	APPOINTMENT

Description:
	EB3127 Northeast Meeting

Date:		11/16/2000
Time:		1:00 PM - 2:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Can you talk with Jaime and figure out a plan of support for Mexico (if we still need one)? You might also want to check with John and/or Louise.

 -----Original Message-----
From: 	Williams, Jaime
Sent:	Wednesday, November 21, 2001 10:40 AM
To:	Shapiro, Richard
Cc:	Irvin, Steve
Subject:	RE: Mexico

Thanks Rick,  and let's talk after the holidays about a new game plan...Best regards and happy thanksgiving.

Jaime Williams.

 -----Original Message-----
From: 	Shapiro, Richard
Sent:	Tuesday, November 20, 2001 3:40 PM
To:	Williams, Jaime
Subject:	FW: Mexico

FYI

 -----Original Message-----
From: 	Hennemeyer, Paul
Sent:	Tuesday, November 20, 2001 12:10 PM
To:	Shapiro, Richard
Subject:	Mexico

Rick

Thanks for your encouraging words during the last few days. I have to say that despite all the difficulties we have had to endure over the past few months, Enron remains the best place I have ever worked.This is due, in no small part, to the great people I share this place with.

I also owe you an overdue e-mail on the Mexico matter. As I had indicated, I have decided not to take the offer. I have spoken to a number of friends and associates who live in Monterrey and their views are pretty unanimous: Monterrey is a great place to live if one is already settled with a family, but it is altogther different and more difficult for a  single man. Therefore, despite the professional opportunity to work with a great team, I have decided not accept the offer.

Many thanks for keeping me  in mind, being patient, and moving things along. I will be in touch in the next couple of days. Enjoy your holiday.

Best regards,
Paul


We moved!  Our new info:

18 Shepard Terrace
Madison, WI  53705
608-218-9951

Amy
________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com


Do you still have the instructions for the wire to Compass Bank in the
files?   I would like it wired there.

"Erik Solis" <erik.solis@painewebber.com> on 09/01/2000 10:07:37 AM
To: "'rhaysle@enron.com'" <rhaysle@enron.com>
cc:

Subject: confidential

Rod,
we executed those shares yesterday at 85.1875.
call when you need me to wire.
Erik