ADDENDUM
(Special Provisions - Exhibit "B")
For the Base Contract for Short-Term Sale and Purchase of Natural Gas
between
Louisville Gas and Electric Company/Kentucky Utilities Company ("Company")
and
Enron North AmericaCorp. ("Counterparty")
Dated ______________

A.  In Section 1.2 insert "a recorded" before the word telephone in the second line.  Insert the word "recorded" before the word telephonic on the fifth line.

B. In order to clarify the intentions of both Parties in Section 1.3deleted the third sentence in its entirety and replace it with the following:

"If there are any material differences between timely sent Transaction Confirmations governing the same transaction, then the oral agreement reached under Section 1.2 shall be controlling and satisfy the statute of frauds."

C.   Add the following sections as 1.4 and 1.5:

1.4           Each Party shall at its expense, maintain equipment necessary to regularly record Transactions on Transaction Tapes and retain Transaction Tapes in such manner as to protect its business records from improper access; provided neither Party shall be liable for any malfunction of equipment or the operation thereof in respect of any Transaction WITHOUT REGARD TO THE CAUSE OR CAUSES RELATED THERETO, INCLUDING, WITHOUT LIMITATION, THE NEGLIGENCE OF ANY PARTY, WHETHER SUCH NEGLIGENCE BE SOLE, JOINT, OR CONCURRENT, OR ACTIVE OR PASSIVE.  No Transaction shall be invalidated should a malfunction occur in equipment regularly utilized for recording Transactions or retaining Transaction Tapes or the operation thereof, and in such event, the Transaction shall be evidenced by the written and computer records of the parties concerning the Transaction made contemporaneously with the telephone conversation.

1.5.1           Each party consents to the recording of the telephone conversations of their respective personnel in connection with this Contract. Each party waives on its own and its employees' behalf further notice of such recording, and each party further commits to notify its employees of such recording and to obtain any necessary consent of such employees. The parties agree not to contest or assert a defense to the validity or enforceability of telephonic Transactions entered into in accordance with this Contract under laws relating to (a) whether certain agreements are to be in writing or signed by the party to be thereby bound. or (b) the lack of authority of any employee of the party if the employee name is stated in the Transaction Tape (provided, however, if a Party provides the other Party with a list of those of its employees that are exclusively authorized by the Party to enter into a Transaction, then the Party shall be able to challenge the authority of any of its employees other than such listed employees).

D.    Replace Section 2.6 with the following:

2.6                 "Contract" shall mean the legally binding relationship established by (i) the Base Contract, (ii) this Addendum and (iii) any executed (or deemed accepted)  Transaction Confirmation.

E.    Delete "or alternate fuels" from Section 2.9 "Cover Standard"

F.     Add the following at the end of Section 2:

2.27          "Buyer" shall mean the party that agrees to purchase Gas as evidenced by the Transaction
                Confirmation.

2.28                "Contract Period" means the term of any particular Transaction agreed to by the parties as specified in the Transaction Confirmation.

2.29         "Credit Support Document" Shall mean, as to a party ("the First Party"), a guaranty, hypothecation agreement, margin or security agreement or document, or any other document containing an obligation of a third party ("Credit Support Provider") or of the First Party in favor of the other party supporting any obligations of the first party under this Contract.

2.30         "Eligible Collateral" shall mean (i) cash, (ii) a Letter of Credit from a financial institution acceptable by the ("Beneficiary Party"), or (iii) Guaranty from a guarantor acceptable to the secured party

2.31         "Futures Contract" shall mean the standardized contract for the purchase or sale of Gas that is traded for future delivery underthe applicable trading board's regulations.

2.32         "Letter of Credit" means one or more irrevocable, transferable standby letters of credit from a major U.S. commercial bank or a foreign bank with a U.S. branch office, with such bank having a credit rating of at least "A-" from S&P or "A3" from Moody's.

2.33        "Material Adverse Change" shall mean a Party's credit rating falls below a Moody's rating of Baa
or an S&P rating of BBB. Moody's shall mean Moody's Investor Services, Inc. or its successors.
S&P shall mean the Standard & Poor's Rating Group (a division of McGraw-Hill Inc.) or its
successors.

2.34                "NYMEX" shall mean the New York Mercantile Exchange.

2.35         "Price" shall mean the amount or pricing mechanism agreed to by the parties as specified in the Transaction Confirmation.

2.36                Receipt/Delivery Obligation" shall mean one of EFP, Firm or Swing as set forth in the Transaction Confirmation for a particular Transaction.

2.37         "Seller" shall mean the party that agrees to sell Gas as evidenced by the Transaction Confirmation.

2.38         "Tax" shall mean any tax levied, assessed or claimed to be due by any Federal, State, County, Tribal, or Municipal Government or any other governmental agency having jurisdiction to do so.

2.39                "Transaction" means a particular, specifically agreed-to purchase or sale of Gas for delivery or receipt to be performed under this Contract, as evidenced by a Transaction Confirmation or by a recorded oral telephone conversation where an offer was made by a party and accepted by the other party.

2.40        "Transaction Tape" shall be defined as electronic tape(s) of telephone recordings maintained by
                Company and/or the Counterparty for verification and/or evidentiary purposes.

G.   Delete "or alternate fuels" from line four (4) of Section 3.2.

H.        The following paragraphs will be added to Section 5:

5.2           All Gas delivered by Seller shall meet the quality and heat specification of the pipeline system and/or facilities which shall receive the Gas at the Delivery Point(s) set forth in the Transaction Confirmation.  The unit of quantity measurements for purposes of this contract shall be one MMBtu Dry.

5.3           BTU and volume measurements shall be made at the pressure and temperature basis of the measuring pipeline in accordance with the provisions of such pipeline's then effective FERC Gas Tariff, or in event such pipeline is not subject to FERC regulation, the applicable Gas transportation regulations or contract provisions of such pipeline.

I.      Add the following language after the first sentence of Section 6, designated as Buyer Pays At and After Delivery Point:

All such Taxes shall be paid by Seller directly to the taxing authority unless Buyer is required by law to collect and remit such Taxes, in which event Buyer shall withhold from payments to Seller an amount required to be collected and remitted by Buyer and then remit such amounts to the taxing authority.

J.     Add the following language to the end of Section 6 as a new paragraph:

In the event a  federal energy, BTU, consumption, or use tax shall be imposed, both Buyer and
Seller shall work to reasonably apportion said Tax, taking into account the ability of either party
to pass through all or a part of such tax . In the event that the parties are unable to reach an
agreement with respect to the apportionment of any such Tax and such Tax would have a
substantial adverse effect on any transaction with a forward delivery of six (6) months or greater
of the party liable for such Tax (the "Affected Party") the Affected Party may declare an early
termination with respect to any transactions then outstanding between the parties which are
affected by such Tax ("the Affected Transactions").  The Affected Party shall provide the other
party with thirty (30) days prior written notice of its intent to terminate the Affected Transactions.
Such notification shall be made no later than thirty (30) days after the effective date of the Tax.
Both parties shall calculate in a commercially reasonable manner their net Gain or net Loss (as
defined below) resulting from the termination of the Affected Transactions without taking into
effect the impact of the Tax.  If both parties have a net Gain, the party with the greater net Gain
shall pay to the other party fifty percent (50%) of the difference between the two net Gains.  If
both parties have a net Loss, the party with the lesser net Loss shall pay to the other party fifty
percent (50%) of the difference between the two net Losses.  If one party shall have a net Gain
and the other party shall have a net Loss, the party with the net Gain shall pay to the other party fifty percent (50%) of the sum of the absolute value of the net Gain and the absolute value of the net Loss.  Any such payments pursuant to this provision shall be made in accordance with Article 7.  For purposes of this provision "Gains" shall mean, with respect to either party, an amount equal to the present value of the economic benefit to it, if any (exclusive of costs), resulting from the termination of the Affected Transactions, calculated in a commercially reasonable manner and in accordance with GAAP.  "Losses" shall mean, with respect to either party, an amount equal to the present value of the economic loss to it, if any (exclusive of costs), resulting from the termination of the Affected Transactions, calculated in a commercially reasonable manner and in accordance with GAAP.

K.   Add the following to the end of  Section 7:

7.5             The parties shall net all same currency amounts due and owing (and/or past due from prior billing
        periods, provided however, that any such past due amounts that are the subject of a bona fide
        dispute shall not be subject to this Section 7.5 until such dispute is resolved) arising out of the
                 transactions under this Contract such that the party owing the greater amount shall make a single
                 payment of the net amount in accordance with Article 7 of this Contract, provided that, except as
                         expressly provided in this Contract or any  such credit support agreement (if any), no payment
                required to be made pursuant to the terms of any credit support agreement shall be subject to
                netting under this or any other provision of this Contract. In the event that the parties have
                executed a separate netting agreement, the terms and conditions therein shall prevail with respect
                to this Section 7.5.

7.6            Upon either party's request, Buyer and/or Seller shall provide support documentation including
but not limited to copies of any and all pertinent portions of transporter statements related to
                 completed transaction between the parties in order to determine the final settlement amount due
for each production Month.  Each party shall exercise reasonable efforts to provide support
documentation that is inclusive of volume and price [by location] data for the applicable
production Month

L.    Add to the end of Section 8.2:

In the event of any claim or litigation, at any time, concerning Seller's title to the leases, wells,
Gas produced or liquid hydrocarbons recovered from the Gas sold here under or the proceed from
the sale thereof, Buyer shall, without limiting any other remedies available to it, be entitled to
suspend only those payments related to the subject of (or any product of the subject of) any
dispute, claim or controversy to Seller until such claims or litigation of title is resolved to Buyer's
satisfaction.

M.   Add the following language to the end of Section 9.1:

Notices of interruption to Firm obligations may be provided verbally, effective immediately and, then shall be confirmed in writing as soon as reasonably possible

N.    Delete Section 10 in its entirety and replace with the following:

10.1         Events of Default.  In the event (each a "Default") either party (the "Defaulting Party")

(i)enters into Bankruptcy whether voluntary or involuntary;

(ii)has a liquidator, administrator, receiver, trustee, conservator or similar official appointed with respect to it or any substantial portion of its property or assets;
(iii)fails to make, when due, any payment required pursuant to this Contract if such failure is not remedied within three (3) Business Days after written notice of such failure is given to the Defaulting Party by the other party ("Non-Defaulting Party") and provided the payment is not the subject of a good faith dispute;

(iv)fails to provide adequate assurance of its ability to perform all of its outstanding material obligations to the Non-Defaulting Party under the Contract or otherwise within a period not to exceed forty-eight (48) hours (but at least one (1) Business Day) of a demand therefore when the Non-Defaulting Party has reasonable grounds for insecurity;

(v)           fails to establish, maintain, extend or increase Eligible Collateral when required pursuant to this Contract; then the Non-Defaulting Party shall be entitled to exercise the remedies as set forth in this Section 10.

(vi)          suffers the occurrence of a Material Adverse Change; provided, such Material Adverse Change shall not be considered an Event of Default if the Defaulting Party establishes and maintains for so long as the Material Adverse Change is continuing, Eligible Collateral to the Non-Defaulting Party in form and amount acceptable to the Non-Defaulting Party;

(vii)         or the guarantor (if any) of the Defaulting Party fails to perform any covenant set forth in the Guaranty Agreement it delivered in respect of this Contract; or if any representation or warranty made by such guarantor in said Guaranty Agreement shall prove to have been false or misleading in any material respect when made or when deemed to be repeated; or if the Guaranty Agreement expires or is terminated or in any way ceases to guarantee the obligations of the Defaulting Party under this Contract; or if such guarantor enters into Bankruptcy whether voluntary or involuntary.

the Non-Defaulting Party shall have the right to (a) immediately suspend delivery or payment and/or (b) liquidate and terminate all Transactions entered into pursuant to this Contract and then outstanding between the parties, in accordance with and subject to the provisions of Section 10.2 below. In no event shall amounts actually recovered by a Non-Defaulting Party under one subsection of this Article 10 be recovered under another subsection.

10.2              In the event a party terminates this Contract under Section 10.1 ("Non-Defaulting Party"), the
Non-Defaulting Party shall designate an early termination date ("Early Termination Date").  Such
Early Termination Date shall be designated within three (3) Business Days after the Non-
Defaulting Party receives knowledge the occurrence of an event of default under Section 10.1 and
the Non-Defaulting Party shall provide immediate notice of such date to the other party
("Defaulting Party").  Upon the Early Termination Date, the Non-Defaulting Party shall have the
right to liquidate all Transaction(s) under this Contract (including any portion of a Transaction not
yet fully delivered) then outstanding by:  (i) Closing out each Transaction being liquidated at its
Market Value (as defined below) so that each such Transaction is cancelled and a settlement
payment in an amount equal to the difference between such Market Value and the Contract Value
(as defined below) of such Transaction shall be due to the Buyer under the Transaction if such
Market Value exceeds the Contract Value and to the Seller if the opposite is the case; (ii)
Discounting each amount then due under clause (i) above to net present value in a commercially
reasonable manner at the time of liquidation (to take account of the period between the date of
liquidation and the date on which such amount would have otherwise been due pursuant to the
relevant Transaction); and (iii) Setting off or aggregating, as appropriate, any or all settlement
payments (discounted as appropriate) and (at the election of the Non-Defaulting Party) any or all
other amounts owing between the parties under this Contract so that all such amounts are
aggregated and/or netted to a single liquidated amount payable by one party to the other.  The net
amount due under any such liquidation shall be paid by the close of business on the third Business
Day following the Early Termination Date.  For purposes of this Section 10.2 "Contract Value"
means the amount of the Gas remaining to be delivered or purchased pursuant to a Transaction
multiplied by the price per unit of gas stated in the applicable Transaction, and "Market Value"
means the amount of Gas remaining to be delivered or purchased pursuant to a Transaction
multiplied by the market price per unit determined by the Non-Defaulting Party in a commercially
reasonable manner for the delivery or production area, as applicable.  The rate of interest used in
calculating net present value pursuant to (ii) of this Section 10.2 shall be determined by the Non-
Defaulting Party in a commercially reasonable manner.  The parties agree that this Contract and
all Transaction under this Section 10.2 shall constitute a "forward contract" within the meaning of
the U.S. Bankruptcy Code and any other applicable insolvency laws.  The Non-Defaulting Party's
rights under Section 10 and to those costs under Sections 3 and 4 accrued prior to the Early
Termination Date are the sole and exclusive remedy of the Non-Defaulting Party.  The Non-
Defaulting Party shall give notice that a liquidation pursuant to this Section 10.2 has occurred to
the Defaulting Party no later than the time specified above, provided that failure to give such
notice shall not affect the validity or enforceability of liquidation nor give rise to any claim by the
Defaulting Party against the Non-Defaulting Party.  With respect to any Transaction, "the amount
of the Gas remaining to be delivered or purchased" shall mean only quantities which the parties
are obligated as of the Early Termination Date to sell and purchase on a Firm basis during the
remaining portion of the Delivery Period, which shall include only the period of time to which the
parties are definitely committed as of the Early Termination Date and shall not include any
possible but not certain extensions of the term ("evergreen" provisions, etc.).

O.   Section 11.1 is deleted in its entirety and the following new Section 11.1 is inserted in its place:

                "Except with regard to a party's obligation to make payment due under Section 7. and Imbalance
Charges under Section 4, neither party shall be liable to the other for failure to perform a Firmobligation, to the extent such failure was caused by Force Majeure.  The term "Force Majeure"as employed herein means an event not anticipated as of the date hereof, which is not within the reasonable control of the Party, or in the case of third party obligations or facilities, the third party, claiming suspension, and which by the exercise of due diligence such Party, or third party, is unable to overcome or obtain or cause to be obtained a commercially reasonable substitute performance therefore.  Subject to the foregoing sentence, events of Force Majeure shall include the events as further defined in Section 11.2 and shall include an event of Force Majeure occurring with respect to the facilities or services of Buyer's or Seller's Transporter."

P.   Section 11.3 is deleted in its entirety and the following new Section 11.3 is inserted in its place:

   "Neither party shall be entitled to the benefit of the provisions of Force Majeure to the extent
performance is affected by any or all of the following circumstances:  (i) the loss of Buyer's
                markets or
Buyer's inability economically to use or resell Gas purchased hereunder, (ii) the loss or
                failure of
Seller's Gas supply, including, without limitation, depletion of reserves or other failure
                of
production, (iii) Seller's ability to sell Gas to a market at a more advantageous price,(iv) the

curtailment of interruptible or secondary firm transportation unless primary, in-path, firm
                        transportation
is also curtailed; (v) the party claiming excuse failed to remedy the condition and to
                resume the
performance of such covenants orobligations with reasonable dispatch; or
                        (vi) economic hardship.  The
party claiming Force Majeure shall not be excused from its
                        responsibility for Imbalance Charges."

M.   Add as Section 11.6:

11.6        Any party claiming Force Majeure (the "Claiming Party") as an excuse for performance shall
provide the other party (the Non-claiming Party") a good faith estimate of the duration of the Force Majeure. Sales or purchases to this Contract and affected by a claim of Force Majeure may be terminated by the Non-claiming Party if such event continues for a period of thirty (30) continuous days.

N.    The following paragraph replaces Section 12:

                The term of this Contract shall be month-to-month until terminated on thirty (30) days advance written notice by either party; provided, however, that the provisions hereof shall survive termination of this Contract and continue to apply to any Transactions entered into between Counterparty and Company prior to the date of termination of this Contract until such time as any and all such Transactions are completed or terminated.  . Notwithstanding any termination, the obligation to make payment and provisions of Sections 1.5, 8.1, 8.2, 8.3, 8.4, 13.9, 13.10, 13.11, 13.12, 13.14, and 13.5 shall continue to apply.

O.    The following paragraphs will be added to Section 13:

13.9              Any dispute relating to this Agreement shall may, by the mutual agreement of both parties, be resolved by binding, self-administered arbitration pursuant to the Commercial Arbitration Rules of the American Arbitration Association ("AAA") and all such proceedings shall be subject to the Federal Arbitration Act.  There shall be three arbitrators.  Each party shall designate an arbitrator, who need not be neutral, within 30 days of receiving notification of the filing with the AAA of a demand for arbitration.  The two arbitrators so designated shall elect a third arbitrator.  If either party fails to designate an arbitrator within the time specified or the two parties' arbitrators fail to designate a third arbitrator within 30 days of their appointment, the third arbitrator shall be appointed by the AAA.  Only damages allowed pursuant to this Agreement may be awarded and the arbitrators shall have no authority to award treble, exemplary or punitive damages of any type under any circumstances regardless of whether such damages may be available under Texas New York law

13.10                DISCLAIMER OF WARRANTIES.  EXCEPT FOR WARRANTIES MADE BY SELLER PURSUANT TO SECTIONS 5 AND 8, NEITHER PARTY MAKES ANY OTHER WARRANTIES, EXPRESS OR IMPLIED, AND EACH PARTY HEREBY EXPRESSLY DISCLAIMS ALL OTHER WARRANTIES, INCLUDING WITHOUT LIMITATION ANY WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

13.11Neither party shall disclose the terms of this Contract, any Transaction Confirmation, and/or any
information disclosed pursuant to Section 7.6 hereof to any third party absent written consent of the
other party except where (i) disclosure is made to employees of the party or its affiliates,(ii)
necessary to comply with any applicable law, order, regulation or exchange rule; provided, however,
that each party shall notify the other party promptly upon receipt of any request to it in any
proceeding that could result in an order requiring such disclosure and the party subject to such
request shall use reasonable efforts to prevent or limit such disclosure; or (iii) necessary to effectuate
transportation of Gas pursuant to this Contract. As a condition to conducting any audit and/or being
provided with any support documentation pursuant to Sections 7.4 and 7.6 respectively, each party
acknowledges that the documents and records provided might contain proprietary or competitively
sensitive information, which the reviewing party shall treat as confidential. Each party acknowledges
that any breach of any of its obligations with respect to confidentiality or use of the disclosing party's
confidential information hereunder is likely to cause or threaten irreparable harm to the disclosing
party, and accordingly  the reviewing party agrees that in the event of such breach the disclosing
party shall be entitled to seek equitable relief to protect its interest therein, including but not limited
to preliminary and permanent injunctive relief.

13.12UCC- Except as otherwise provided for herein, the provisions of the Uniform Commercial Code
("UCC") of the state whose laws shall govern this Contract shall be deemed to apply to all
Transactions

13.13 NOTWITHSTANDING ANY OTHER PROVISIONS HEREIN, THE PARTIES HERETO
 WAIVE ANY AND ALL RIGHTS, CLAIMS OR CAUSES OF ACTION ARISING UNDER
 THIS AGREEMENT FOR INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR
 FOR LOST PROFITS.  THIS PROVISION SHALL SURVIVE ANY TERMINATION OF THIS
 AGREEMENT.

13.14No claim under this Contract shall be enforceable by either party unless it is the subject of a filed
lawsuit or arbitration within two (2) years of the date that the cause of action occurred.

 - header.htm


---------------------- Forwarded by Kay Mann/Corp/Enron on 12/08/2000 11:58
AM ---------------------------

	From:  Rebecca Walker                           12/08/2000 11:56 AM

To: Ben Jacoby/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron

Subject: Coral Energy LLC

Ben

This is the letter that Bob Long from Coral Energy sent me.  I asked him if
Shell would be a guarantor for Coral's debts, but he said that, no, Shell
does not guarantee the debts, but instead provides the liquidity that Coral
Energy needs in order to pay them.

Rebecca
---------------------- Forwarded by Rebecca Walker/NA/Enron on 12/08/2000
11:51 AM ---------------------------

"Long, Bob" <BLong@coral-energy.com> on 12/08/2000 11:44:47 AM
To: "'Rebecca Walker (Enron)'" <rebecca.walker@enron.com>
cc: "Whaley, Don" <DWhaley@coral-energy.com>, "Seigler, Tom"
<tseigler@coral-energy.com>

Subject: Coral Energy LLC

As discussed Coral Energy LLC is 100% (direct/indirect) owned subsidiary of
Shell Oil Company ("Shell").  As in the ordinary course of business Shell
provides liquidity support to its wholly owned subsidiaries.

Given the short term nature of this obligation we would hope that you concur
that there is little risk in accepting this Guaranty from Coral Energy LLC.

Regards,

Robert E. Long
Vice President Corporate Finance & Treasurer
Coral Energy
909 Fannin Street, Suite 700
Houston, TX 77010
Tel. 713.767.5410
Fax 713.265.5410
Cel. 713.545.4179
blong@coral-energy.com


Lucy,

I want to have an accurate rent roll as soon as possible. I faxed you a copy
of this file.  You can fill in on the computer or just write in the correct
amounts and I will input.


Last set!  I do have a couple of more rolls to develop.  Those I think are of
Cabo Wabo so there should be some good ones.

I will send them on just as soon as I get them back.

Take care and have a great weekend!

Dee

>>> <Gerald.Nemec@enron.com> 09/26/00 01:27PM >>>

Hi Dee,

I am really sorry to hear about your brother's child.  I hope everything
with you and your family is as well as it can be right now.  I will say a
prayer for yall.

I am doing good.  Staying busy with work as you suggested.  Actually we
closed our big deal last Thursday.  That will allow my hours to become
somewhat more normal in the near future.  They are planning a trip to
reward those who worked so hard on this deal.  Guess where? Cabo.

Went to Austin this past weekend to watch my beloved Longhorns play.  They
won, fortunately.  It was good to see some old friends and hang out.   I
wouldn't mind moving back to Austin, but the jobs there just don't pay as
much as in Houston.  Everyone wants to stay in Austin after school, so they
can lowball you on the cash.

Looking forward to the pictures.  Need to refresh my memory of Cabo.  Take
care and talk to you later.

                    "Karry
                    Howton"              To:     <Gerald.Nemec@enron.com>
                    <howton.k@ghc        cc:
                    .org>                Subject:     Re: Hello!

                    09/22/2000
                    05:19 PM

Hi Gerald,

I am still here!  Sorry for not getting back to you sooner.....  My
brother's baby passed away from SID's the week I got back from Cabo and so
we have been dealing with the funeral and all of the emotions that go with
losing someone.  I think the whole ordeal is harder when it is a baby....
So needless to say I have been out of the office way too much and I am so
very much behind!

Good news!  I have some pictures that I will be sending to you next week!
That way you will not be able to forget what I look like.... I keep
forgetting them in my truck but I will make it a priority to send them to
you by Tues.

How is everything going for you?  Keeping busy with work and hopefully your
social life?  I think that you are the type that works way too many hours!!
I am sure that one day you will balance everything out...

Well it has been a full day ( I know it is only 3:00... ) and it is also
Friday so I am going to call it good and go home, take a nap and get up in
a couple of hours and head down to Seattle with Julie and Angie...

Have a great weekend and I will talk to you Tuesday!

Take Care,

Dee

>>> <Gerald.Nemec@enron.com> 09/20/00 11:35AM >>>
Are you still out there?  Sent you an email last week but didn't hear from
you.  Just checking to see if you are still in Seattle or if you moved down
to Cabo for good.

 - 025_25.JPG
 - 002_2.JPG
 - 003_3.JPG
 - 004_4.JPG
 - 005_5.JPG
 - 006_6.JPG
 - 007_7.JPG
 - 008_8.JPG
 - 009_9.JPG
 - 010_10.JPG
 - 011_11.JPG
 - 012_12.JPG
 - 013_13.JPG
 - 014_14.JPG
 - 015_15.JPG
 - 016_16.JPG
 - 017_17.JPG
 - 018_18.JPG
 - 019_19.JPG
 - 020_20.JPG
 - 021_21.JPG
 - 022_22.JPG
 - 023_23.JPG
 - 024_24.JPG
 - 001_1.JPG


You have received this email because you are listed as a data approver. Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000081784&Page=Approval to review and act upon this request.

Request ID          : 000000000081784
Request Create Date : 1/29/02 8:07:47 AM
Requested For       : kam.keiser@enron.com
Resource Name       : \\nahoutrd\houston\pwr\common\common\Power - [Read/Write]
Resource Type       : Directory


FYI, Kim.

 -----Original Message-----
From: 	Frazier, Perry
Sent:	Thursday, March 07, 2002 2:25 PM
To:	Lebeau, Randy; Watson, Kimberly; Abdmoulaie, Mansoor
Subject:	RE: Re Ivanhoe E.S.D

Just a couple of additional thoughts,  the cost estimate for ESD mods of $130,000 will typically be, about 25% more.  The E&C costs,  company overheads and construction support will increase these costs to around $170,000.  I did talk with Fred this morning and will relay the highlights of our conversation.

The current free flow rates north on this lateral average around 35 - 50 mmcfd.  The gas supply is from the Leedy Plant and various low pressure gathering interconnects.  The gas flows north bypassing the compression unit but utilizing the dehydration unit at Ivanhoe.  The gas end up with NNG on the North side of the lateral,  this Lipscomb lateral is isolated from the TW system at the Canadian River block valve.  The 2 units at Ivanhoe are idle and were designed for higher pressure delivery to NNG.  Since they have not run in some time, its probable to spend an additional $300,000 to activate and upgrade the control panels and end devices.  Then we would most likely have to design and resize the units for an additional guess of $350,000.

In order to abandon these units, I would recommend we abandon in place or Plant Held For Future Use.  My guess is about $15 - 25,000 to pull spool pieces and blind flange the units.  I do know that there is some drilling going on in the area,  I don't see a tremendous influx of supply to support the cost to utilize this lateral any different than the current status.

Let us know your comments.

Perry 3-0667

 -----Original Message-----
From: 	Lebeau, Randy
Sent:	Thursday, March 07, 2002 11:20 AM
To:	Watson, Kimberly; Abdmoulaie, Mansoor; Frazier, Perry
Subject:	FW: Re Ivanhoe E.S.D

Here is an estimate for the upgrade to the Ivanhoe ESD system.   Please keep in mind that the HP at the location has not been in operation for several years and If it is ever required, we may be looking a major expense for that, too.  ($200,000+or-)

 -----Original Message-----
From: 	Jordan, Fred
Sent:	Thursday, March 07, 2002 7:24 AM
To:	Lebeau, Randy
Subject:	Re Ivanhoe E.S.D

FYI
---------------------- Forwarded by Fred Jordan/ET&S/Enron on 03/07/2002 07:10 AM ---------------------------

 << OLE Object: Picture (Device Independent Bitmap) >>
Eddie Pool
03/07/2002 07:13 AM
To:	Fred Jordan/ET&S/Enron@ENRON
cc:

Subject:	Re Ivanhoe E.S.D

Fred
Here is what I came up with on the Ivanhoe Station.

 << File: IvanESD.xls >>


Please find attached a second draft of the strawman.  It reflects one board,
one EC both with fixed sub-segments.  It establishes three BPS's to keep the
focus on Gas with a gas wholesale BPS, as well as creates a wholesale
electric BPS.  The idea being to keep the expertises focussed.  It also
provides for a combined retail BPS.  There are detailed procedures for
voting and maintaining the legitimate representation of gas.  There are
protections for standards setting and governance changes which are
respectively, "25, 2, and 1" (EC) as well as 19, 2, and 1 (Board).  I look
forward to your comments.

Greg Lander

 - GOVERN2.DOC


- Freedomburrito.pdf


Please make sure to check the new work schedule for March.  Bill has made a
few changes and it should be the last time for the month.

Any questions see Bill.

Regards,

Bert Meyers


Wednesday, October 24, 2001  Itron  [IMAGE] HOME- CONTENT SELECTION- MEMBER SERVICES- ADVERTISING- PARTNERING- CONTACT US     [IMAGE]         [IMAGE]  IN THIS ISSUE     [IMAGE]   [IMAGE]    Daily Edition for paul.d.thomas@enron.com  [IMAGE]     Electric Power News Restructuring Today  RER's eMetrix Load Forecast: CAL ISO  Electric Power News - Top Stories Electric Power News - Most Requested Gas Industry News - Top Stories          Selected Content Not In This Issue  Utility Spotlight - Every Monday Utility Stock Price - Top Gainers - Each Tuesday      [IMAGE]  ELECTRIC POWER NEWS     [IMAGE]   [IMAGE]  [IMAGE][IMAGE]Selected 66 of 66Articles Today!      THESE ARTICLES BROUGHT TO YOU BY     CUSTOMER SPECIFIC ENERGY PROFILES ARE JUST A CLICK AWAY. See how and  when residential, commercial, and industrial customers use electricity  and natural gas with SITEPRO, the industry?s most complete energy  analysis software. Produce accurate estimates of energy profiles for  specific customers or types of customers in just minutes with SITEPRO.  You can even calibrate a customer?s end uses and whole building load  shape to monthly electric bills. Powerful, yet easy to use, SITEPRO is  much faster and less expensive than other methods for collecting or  estimating hourly customers loads. See a DEMO of RER?s tested and proven  LOAD SHAPE FACTORY, visit http://www.rer.com/software/index_SitePro.htm.   [IMAGE]  [IMAGE]    ENERGIZE YOUR CAREER - The Energy Central Job Center has a new look,  new features, premier employers and is updated daily! Visit the energy  industry's largest on-line job center today:  http://www.energycentral.com/sections/jobs      Top Stories    Officials, Groups At Odds Regarding Nuclear Safety  Oct 23 - Dayton Daily News Government and nuclear industry officials continue to assure a jittery public that nuclear power plants are safe from terrorist attack as the industry remains on high alert and the Nuclear Regulatory Commission conducts a "comprehensive" review of its security programs.  [IMAGE]   Move to Deregulation Prompts Texas Utilities to Put Greater Focus on Marketing  By Charlene Oldham, The Dallas Morning News, Oct. 23 Each day was a lot like the next for Wade Freeman when he started working at Texas Electric Service Co., a TXU Corp. predecessor.  [IMAGE]   U.S. Power Firms Plunge Into Europe's Trading Market; U.K.'s NETA Rules May Set Continental Standard  By Will McNamara, IssueAlert, Oct. 23 (Scientech) U.S.-owned Entergy-Koch Trading is boosting its European electricity and weather trading business with expansion in Germany and the Netherlands.  Special Offer from this Publisher! [IMAGE]   RTOs Aside, New England Regulators See Congestion Costing Consumers  Oct 23, 2001 - E?Publishing Transmission congestion in New England will cost electricity consumers anywhere from $125 million to $600 million over the next five years without more capital investment to spur construction of new power lines, according to a report last week by ISO (Independent System Operator) New England, the body charged with running the region's transmission grid.       Press Release    LODESTAR CORPORATION OPENS LONDON SUBSIDIARY AS PART OF INTERNATIONAL EXPANSION  PEABODY, MA ? October 24, 2001 ? LODESTAR Corporation took a major step in its global expansion today with the opening of its first international subsidiary ? LODESTAR Solutions Limited -- in London, England. LODESTAR is a leading provider of software solutions to the energy industry.       Caminus Corporation to Report Third Quarter Results on October 30, 2001  New York, NY ? October 23, 2001 -- Caminus Corporation, a leading provider of software solutions and strategic consulting services to participants in the competitive energy markets throughout North America and Europe, will be announcing its financial results for the third quarter ended September 30, 2001 after market close on Tuesday, October 30, 2001.      Energy Security    National Guard Assumes Post around Plymouth, Mass., Nuclear Power Plant  By David Arnold, The Boston Globe, Oct. 23 Twenty members of the Massachusetts National Guard reported for duty yesterday afternoon at the Pilgrim nuclear power plant in Plymouth to beef up security at the 1,600-acre facility.      Nuclear Power Plant Fears Revived  Oct 22, 2001 - United Press International Just as nuclear power was gaining a new respectability as a vital electricity resource to meet America's growing energy needs, the Sept. 11 terrorist attacks on the United States created new fears and concerns that the nation's nukes were potentially a disaster waiting to happen.      Nuke Plant War Games Alarmed Locals  Oct 23, 2001 - Associated Press A special operations mock attack on a nuclear power plant just days after the Sept. 11 terrorist attacks alarmed officials in two states because the military didn't notify them.      Pennsylvania Lawmakers Give Opinions on Security Actions  York Daily Record, Pa., Oct. 22 One day after federal officials received a threat on Three Mile Island nuclear power plant, some lawmakers criticized how officials handled the potential crisis while others said they thought the plan worked.      Security to Be Improved at Nuke Power Plants in Fukui Pref.  Oct 23, 2001 - Kyodo News The Fukui prefectural police said Tuesday additional measures to strengthen security at all 15 of the prefecture's nuclear power plants will be implemented in the following days as a precautionary measure against terrorist attacks.    [IMAGE] ADVERTISEMENT    Representatives from the Bush Administration, Congress, FERC, NRC, and state PUCs will come to Wall Street at the Energy Investor Policy and Regulation Conference, December 3-4, 2001, New York City, to outline the future direction of energy policy and regulation. Details for this important event available at http://www.infocastinc.com/energyinvestor.htm       California Crisis    California's Governor Hopes to Rework Power Deals  By Jim Sanders, The Sacramento Bee, Calif., Oct. 21 With California holding billions in long-term energy contracts at higher-than-market prices, Gov. Gray Davis' advisers said Friday that he will try to renegotiate some of the pacts.      Calif. officials said near power bond agreement  By Leonard Anderson (Reuters) SAN FRANCISCO, Oct 23 (Reuters) California energy officials are trying again to reach an agreement that would let the state's Department of Water Resources (DWR) issue a record $12.5 billion bond to cover emergency power purchases.      SF Voters Consider Two Public Power Options  Oct. 23 (California Energy Markets) Often faced with a daunting array of ballot choices, San Francisco voters will consider two measures in the upcoming November 6 election that offer overlapping roadmaps for publicly-owned water and power services in the Bay Area.   Special Offer from this Publisher!     Competition & Deregulation    ISO New England Cites Progress in Upgrading Region's Wholesale Electricity Market  Oct 23, 2001 - Business Wire ISO New England Inc., which oversees the region's electric power system, said that the second year of the region's deregulated wholesale electricity markets saw major progress in operational efficiency and reliability.      Forum revisits energy issues; Restructuring needs tweaking  Oct 14 - Telegram & Gazette Considerable progress has been made to restructure the state's electric power industry, but four years into the process, several lingering issues need revisiting, officials said yesterday.      Pilot program has been disappointment  Oct 23 - Fort Worth Star - Telegram A debate is raging over whether Texas should launch electric deregulation as scheduled on Jan. 1.      Mergers, Acquisitions & Divestitures    Rwe Seeks Takeover Candidates in North America  Oct 23, 2001 - FT World Media Abstracts via Comtex RWE AG, the German utilities group, is continuing to focus its expansion policy on the North American market, where it will count 23,000 employees if it succeeds in acquiring New Jersey-based American Water Works.      Electrabel Withdraws from Competition to Buy Cez  Oct 23, 2001 - FT World Media Abstracts via Comtex Electrabel, the Belgian electricity group, is withdrawing from the competition to buy Czech power group CEZ, which is being privatised.      EDF sights still set on Seeboard  Oct 22 - Evening Standard - London FRENCH State-owned power giant EDF still hopes to buy British South coast distributor and generator Seeboard despite the likelihood of intense opposition from politicians and rivals, writes Ross Tieman.      Tractebel Considers Forming Alliances to Bid for Copel  Oct 23, 2001 - FT World Media Abstracts via Comtex Mauricio Bahr, chairman of the Brazilian subsidiary of Tractebel, the Belgian energy company, has confirmed that the company has presented the necessary documents to bid for Copel, the Brazilian state-owned electricity company.      Legislation/Regulation    Protests Sparked By New York Independent System Operator (NYISO)  Oct. 24 (Btu Watch) Protestors made their positions known to FERC by filing their opposition to the September 28, 2001, request of the New York Independent System Operator, Inc (NYISO) that the termination date for the an Automated Mitigation Procedure (AMP) be extended to October 31, 2002.  Special Offer from this Publisher!     Rates    Unitil's FG?seeks electric rate cut in Mass.  NEW YORK, Oct 23 (Reuters) Unitil Corp. said its Fitchburg Gas and Electric Light Co. (FG&E) subsidiary filed with Massachusetts regulators to immediately reduce electric distribution rates.      General    Limits sought on rules for power shutoffs  Oct 23 - Providence Journal As cold weather sets in, an estimated 7,200 families in Rhode Island are without heat because their gas or electricity has been cut off for nonpayment of bills.      Hermiston,Ore., makes the switch to public power  Oct. 22 (Public Power Weekly) The small town of Hermiston in northeastern Oregon is now operating its own electric utility, after buying Pacific Power?s wires and poles for $8 million in an agreement reached in July.  Special Offer from this Publisher!     Deals/Contracts    GE to Supply Gas Turbines for Power Plant Expansion in Venezuela  Oct 23, 2001 - Business Wire GE Power Systems has received contracts totaling US$107 million to supply two gas turbines, additional equipment and services for the 295-megawatt expansion of a power plant in Maracaibo, Venezuela.      Power Pricing/Supply    Eastern U.S. Power Prices Surge on Peach Bottom Outage  Oct. 23 (Btu's Daily Power Report) Eastern power prices shot higher today as a number of market factors combined to drive prices from recent ranges.  Special Offer from this Publisher!     Triple Treat  Oct. 22 (Energy Market Report) Western spot electricity schedulers traded a Tuesday/Wednesday/Thursday package on Monday in order to accommodate the NWPP Schedulers Meeting in Portland, Oregon on Tuesday and Wednesday, October 23 and 24.  Special Offer from this Publisher!     Transmission & Reliability    Southeast U.S. utilities balk at FERC grid plan  By Chris Reese (Reuters) NEW YORK, Oct 23 (Reuters) Utilities and regulatory officials in the U.S. Southeast are balking at a federal proposal to gather power transmission lines under one regional network, saying the plan could raise power prices.      Existing Route Urged for New Power Line  Oct 23, 2001 - Bangor Daily News Bangor, ME A new power line across eastern Maine should be built in an existing utility corridor rather than cutting a new swath through the woods, the Board of Environmental Protection said Monday.      Power Projects    Henderson County, Ky., Board Issues Use Permits to Power Plant Developers  By James Mayse, Messenger-Inquirer, Owensboro, Ky., Oct. 23 Monday night, the Henderson County Board of Zoning Adjustment unanimously voted to issue conditional-use permits to Cash Creek Generation LLC, which proposes to build a coal-fired power generation plant in eastern Henderson County.      Resident riled over power plant  Oct 23 - Sarasota Herald Tribune A Texas company's plan to build a small power plant just east of Lakewood Ranch is generating heat from an east county resident who is trying to halt the project.      Legal    Judge Criticizes Nw Utilities As She Opposes Their Bid For Refunds  Oct 23 - Seattle Post - Intelligencer The sky-high electricity rates Northwest consumers are paying can be blamed on bad weather, but they're also the result of questionable decisions by Seattle City Light and Tacoma Power, a federal administrative judge has concluded.      Renewables    Naturenergie AG Criticises State Financing Policy  Oct 23, 2001 - FT World Media Abstracts via Comtex Naturenergie AG, the German hydroelectric power trader, has complained that the German government is giving insufficient support to hydroelectric energy.      Bill would let utilities claim renewable energy tax credits  Oct 22 - Las Vegas Review - Journal Public utilities and rural utility cooperatives would become eligible for renewable energy tax breaks under legislation introduced Thursday by Sen. Harry Reid, D-Nev., and Sen. Gordon Smith, R-Ore.      ABB BUILDING WORLD'S HIGHEST WIND POWER PLANT  Oct. 19 (Wind Energy Weekly) In September, the global engineering firm ABB announced plans to construct the world's highest wind turbine near Andermatt, Switzerland. The 800-kW unit will be built 2,350 meters (7,710 feet) above sea level.   Special Offer from this Publisher!     More renewable power plants to be set up by 2005  Oct 23, 2001 - Associated Press ABOUT 50 to 60 renewable power plants will be set up by 2005 to meet the targeted 5 per cent or 750 megawatt (MW) of the total estimated national power supply, said Energy Commission chairman Datuk Mohd Annas Mohd Nor.      Plants    Calif. power plant outages - Oct 23  SAN FRANCISCO, Oct 23 (Reuters) California officials, as part of the state's efforts to come to grips with its energy crisis, released on Tuesday a list of power plants in the state operating below full capacity.      N. American power plant outages summary - Oct 23  SAN FRANCISCO, Oct 23 (Reuters) The following lists current and planned outages at U.S. power plants by NERC region.      Energy Efficiency/Conservation    Bill Busters hit the road to help reduce electricity costs  Oct 23 - The Belfast News Letter NORTHERN Ireland Electricity `Bill Busters' will be taking to the roads in the coming months to host a series of roadshows aimed at helping local businesses reduce costs.      Attack aftermath shakes state's energy structure  Oct 22 - Boston Herald Desktop computers and new SUVs offer the proof: Neither the Middle Eastern oil woes of the 1970s nor occasional surges in fuel prices have inspired Americans toward long-term energy conservation.      Environmental    Garnet Power Plant Gets Environmental Go-Ahead  Oct 23, 2001 - The Idaho Statesman Idaho's environmental regulators issued an air permit Friday to allow a controversial power plant to be built near Middleton.      Nuclear    Salem, Pa., Residents Discuss Feelings on Nearby Nuclear Facility  By Kyle S. Thomas, The Times Leader, Wilkes-Barre, Pa., Oct. 21 Thomas and Gertrude Church try not to think about the nuclear power plant in their back yard.      US NRC approves Yucca Mountain nuclear waste site  WASHINGTON, Oct 23 (Reuters) The Nuclear Regulatory Commission on Tuesday signed off on a plan to build an underground dump in Nevada's Yucca Mountain to hold radioactive spent fuel from nuclear power plants.      Federal agency asks citizens to voice nuclear concerns  Oct 22 - Herald - Rock Hill, S.C. Since the mid -1980s, the Catawba Nuclear Station located on the shores of Lake Wylie has been a part of the York County landscape.      The Construction of The Atomic Power Station Bashkirskaya Will Be Resumed  Oct 22, 2001 - A & G Information Service The Minister of atomic energy has already signed the corresponding decree. The construction of Bashkirskaya APS was begun in 1980, but was stopped in 1990.      Financial    Enron seeks to soothe investors after stock slump  By Carolyn Koo (Reuters) NEW YORK, Oct 23 (Reuters) Enron Corp. sought to assuage investor concerns on Tuesday after U.S. regulators said they were looking into transactions involving the company's chief financial officer and its stock shed more than $10 billion in value over the past week.      ANALYSIS-Brazil's Cesp rides roller coaster on sale rumors  RIO DE JANEIRO, Brazil, Oct 23 (Reuters) - The recent roller coaster ride in shares of Brazilian power utility Cesp could continue for a while as the government struggles to resurrect its long-delayed privatization to boost depleted state coffers, analysts say.      We're no Railtrack, says 'insolvent' BNFL  Oct 22 - Evening Standard - London BRITISH Nuclear Fuels Limited today confirmed that is technically insolvent, but denied that it is another Railtrack disaster waiting to happen.      SEC Requests Enron to Provide Information on Investment Partnerships  By Laura Goldberg, Houston Chronicle, Oct. 23 Shares in Enron Corp. fell almost 21 percent Monday after the company disclosed federal securities regulators asked for details on investment partnerships formerly run by its chief financial officer.      RESEARCH ALERT-Exelon deleted from UBS list  NEW YORK, Oct. 23 (Reuters) UBS Warburg said it deleted utility Exelon Corp. from its list of recommended stocks, effective Tuesday.      Financial - Results    Atlanta-Based Southern Co. Reports $554 Million in Third-Quarter Earnings  By Matthew C. Quinn, The Atlanta Journal and Constitution, Oct. 23 Southern Co. overcame lower electricity demand during a mild summer and an economic slowdown to report better-than-expected third-quarter earnings.      Format Change Boosts Third-Quarter Profits for Connecticut-Based Utility Firm  By Dana Ambrosini, Connecticut Post, Bridgeport, Oct. 23 UIL Holdings Corp. reported higher third-quarter profits Monday, but noted that much of the increase came through a change in its earnings format.      FPL third-quarter earnings rise 6.4 pct  JUNO BEACH, Fla., Oct 23 (Reuters) - FPL Group Inc., owner of Florida's largest utility, on Tuesday reported a 6.37 percent increase in third-quarter net income and said it was "on track for meeting our 2001 target."      PS Enterprise profits rise 21 percent  NEWARK, N.J., Oct 23 (Reuters) - Public Service Enterprise Group, owner of New Jersey's largest gas and electric utility, on Tuesday reported a 21 percent rise in third-quarter earnings, but the results were near the low end of Wall Street expectations.      Exelon stock drops despite improved earnings  CHICAGO, Oct 23 (Reuters) - The stock of Exelon Corp dropped on Tuesday after the big utility holding company reported improved third quarter net income and better-than-projected earnings per share, but offered a 2002 outlook that trailed analysts' expectations.      AEP's quarterly earnings rise on higher sales  NEW YORK, Oct 23 (Reuters) Integrated utility holding company American Electric Power Co. Inc. on Tuesday said third-quarter earnings rose 12 percent on the strength of its wholesale operations.      Edison's Ray Of Light Fading Fast; Power Plants Fuel Huge Loss  Oct 23 - Daily News - Los Angeles Edison International's two-week respite from the clutches of a bankruptcy court took a hit Friday when the parent company of Rosemead-based Southern California Edison Co. reported a third-quarter loss of $413 million.      International    Copel" Privatisation to Be Harmed by Lawsuits  Oct 23, 2001 - South American Business Information Several court orders may harm even more the privatisation of Copel (Companhia Paranaense de Energia Eletrica), predicted for October 31.      Saesa Should Call for Offers for The Fourth Time  Oct 23, 2001 - South American Business Information In early November, Saesa, controlled by the US firm PSEG, should call for offers from firms keen to provide it with electrical energy to deliver to its clients.      Bernabe Says Ok to Enel's Diversification Into Gas Sector  Oct 23, 2001 - FT World Media Abstracts via Comtex Franco Bernabe, former chairman of Italian oil group ENI, has said that he is in favour of the diversification of Italian electricity group Enel into the gas sector following its recent acquisition of a majority stake in Camuzzi, the Italian gas distribution company.      Edf Privatisation Continues  Oct 23, 2001 - FT World Media Abstracts via Comtex The state-owned French electricity company EDF is to put another slice of its activities up for sale at the beginning of December.      North Korea: Power plants reportedly exceed production target  Oct 22 - BBC Monitoring Asia Pacific - Economic Power-generating facilities of thermal and hydraulic power plants in South Pyongan Province are making roaring buzzing sounds of power production.      Ineffective Electric Power Grid Costs Latin America  Oct 22 - Xinhua News Agency - CEIS Latin America incurs an annual loss of more than one billion U.S. dollars because of an ineffective integrated electric power grid, Ecuadorian Energy Minister Pablo Teran said Friday while highlighting the need for regional integration in the energy sector.      De Palacio says EU targets more nuclear power; electricity/gas deregulation  Oct 23 - AFX The European Union energy policies aim at a greater development of nuclear power and deregulation of electricity and gas markets, said European Commission vice president for transport and energy Loyola de Palacio.      Summit Asks Fg to Deregulate Economy  Oct 23, 2001 - Africa News Service The just-concluded Nigerian Economic Summit (NES) has asked the Federal Government to set realistic goals to deregulate key sectors of the economy, if it wants quick solutions to the nation's problems.   [IMAGE]     Powered by Energy Central ? 2001 CyberTech, Inc. All rights reserved.  More News      Top  Excelergy   [IMAGE]  RESTRUCTURING TODAY      [IMAGE]   [IMAGE]  [IMAGE][IMAGE]October 24, 2001    Those low East Texas prices did it again But what if Texas' retail market gets really good?    Entergy the cleanest?    Shareholders flee Enron in SEC financial probe    Alberta muni buys Ontario customers    5 stories in 1.5 minutes:      Powered By US Publishing ? 2001 US Publishing. All Rights Reserved.  More Info   Top  Energize Your Career   [IMAGE]  RER'S EMETRIX LOAD FORECAST: CAL ISO     [IMAGE]   [IMAGE]  [IMAGE] Actual and forecasted hourly load for CAL ISO.  [IMAGE]  CAL ISO Chart    Powered By RER ? 2001 RER. All Rights Reserved.    Top   [IMAGE]  ABOUT ENERGY CENTRAL DIRECT     [IMAGE]   [IMAGE]   ABOUT ENERGY CENTRAL DIRECT This e-mail summary service is provided FREE to qualified professionals in the power industry. This e-mail  summary may be redistributed provided it is kept in its entirety.    * Click hereto change your preferences.   * Visit Member Servicesto START,  STOP, or CHANGE FORMAT for all of your e-mail subscriptions.    * To BEGIN receiving this service directly signup at www.enerycentral.com/sections/ecdirect/.   * To STOP receiving this service  click hereor send a message to service@energycentral.comor call Member Services at 303-782-5510.   PRESS RELEASES Submit press releases and other news to pr@energycentral.com.    SPONSORSHIP AND ADVERTISING For sponsorship or advertising info call sales at 303-782-5510.    TO DELIVER YOUR ARTICLES, PAPERS, PROCEEDINGS OR MONOGRAPHS THROUGH ENERGY CENTRAL: Energy Central provides a variety of mechanisms for delivery of information to power professionals including  this e-mail service, Energy Central Web Site (http://www.energycentral.com), Energy Central Conference Watch? and others. We can deliver your information on a promotional, subscription  or a pay-per-view basis. For more information, contact Mark Johnson at 303-782-5510  mark.johnson@energycentral.com)      [IMAGE]   [IMAGE] [IMAGE] NEW CONTENT! [IMAGE]    Include the following in your Energy Central Direct:  Plant Status Report  See a list of nuclear power plant outages as reported to the Nuclear Regulatory Commission.    Dow Jones 4 Corners  Electricity Index  See a two week historical chart of the Dow Jones Electricity Price Indices for delivery at 4 Corners        KWI  [IMAGE] SchlumbergerSema  [IMAGE] Excelergy  [IMAGE] The Structure Group  [IMAGE] RER  [IMAGE] Caminus  [IMAGE] LODESTAR CORPORATION  [IMAGE]   TALK TO US [IMAGE]  Ideas Wanted! We are eager to hear your ideas, feedback, and suggestions for this product.  Together we will create the most useful information tool for the electric power industry.   Partners Wanted! Reach over 25,000 electric power professionals with your news, analysis,  commentary or insight into the industry. Call Mark Johnson at 303-782-5510      Advertisement  Energy Solutions Plus, Inc.   ELECTRIC POWER NEWS - TOP STORIES [IMAGE][IMAGE]  Energy Central's editors have selected these as the top stories of the day:    Move to Deregulation Prompts Texas Utilities to Put Greater Focus on Marketing By Charlene Oldham, The Dallas Morning News, Oct. 23 Officials, Groups At Odds Regarding Nuclear Safety Oct 23 - Dayton Daily News RTOs Aside, New England Regulators See Congestion Costing Consumers Oct 23, 2001 - E?Publishing U.S. Power Firms Plunge Into Europe's Trading Market; U.K.'s NETA Rules May Set Continental Standard By Will McNamara, IssueAlert, Oct. 23 (Scientech)    Advertisement Call for White Papers   ELECTRIC POWER NEWS - MOST REQUESTED [IMAGE][IMAGE]  These stories have been most requested by Energy Central members in the last two weeks.    As Supreme Court Ponders Its Fate, States Study Deregulation Problems    Oct. 8 (Utility Spotlight)      By Charlene Oldham, The Dallas Morning News, Oct. 15  Calif. to remain blackout free, possibly for years    By Nigel Hunt (Reuters) LOS ANGELES, Oct 11 (Reuters)  New Breed of Power Plant Catching on    Oct 10, 2001 - Power Engineering  Consumer Groups Cite Flaws in Texas' Electricity Deregulation Project    Oct 12 - Houston Chronicle     GAS INDUSTRY NEWS - TOP STORIES [IMAGE][IMAGE]  Energy Central's editors have selected these as the top stories of the day:    Atlanta Governor Vows Speed in Forming Panel on Gas Deregulation By Matthew C. Quinn, The Atlanta Journal and Constitution, Oct. 23 FERC Moves to Create More Flexibility for Firm Capacity Holders in Structuring Capacity Release Transactions Oct. 24 (Btu Watch) Massachusetts Officials Disagree over Allowing Gas Tankers in Boston Harbor By Ralph Ranalli, The Boston Globe, Oct. 23           [IMAGE]     HOME- PERSONALIZE- MEMBER SERVICES- ADVERTISING- PARTNERING- CONTACT US        Copyright ? 1996-2001 by CyberTech, Inc.All rights reserved.       Energy Central
 is a registered trademark of CyberTech, Incorporated. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements;  nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or  consequential damages (including lost data, information or profits) sustained or incurred in connection with the  use of, operation of, or inability to use Energy Central. Contact: 303-782-5510 or service@energycentral.com


---------------------- Forwarded by Stinson Gibner/HOU/ECT on 02/13/2001
04:37 PM ---------------------------

Stinson Gibner
02/13/2001 04:36 PM
To: Nick Bambos <bambos@stanford.edu> @ ENRON
cc:
Subject: Re: visit to Houston

Nick,

Friday, March 9 seems to be better for Jim Fallon.    We are tentatively
setting meeting with him, Paul Racicot, and probably Arshak Sarkissian who is
heading the IP trading effort.   Let me know if you would like to give a
presentation so we can reserve a room and send invitations.

It will be fun to see you and Giuseppe again.  I am looking forward to your
visit.

Regards,

Stinson

Nick Bambos <bambos@stanford.edu> on 02/09/2001 11:33:33 AM
To: Stinson.Gibner@enron.com
cc: gappy@stanford.edu, cope@csli.stanford.edu
Subject: Re: visit to Houston

Hi Stinson,

Eventually, the team here (Giuseppe, Eric, myself) has converged to two
possible dates to propose for a visit:

1) Friday, March 2
2) Friday, March 9

How do these look on your side?

We'll structure the agenda immediately after we fix the date.

I look forward to seeing you again.

Best,
Nick

Stinson.Gibner@enron.com wrote:
>
> Nick,
>
> I hope things are going well and you are not staying too busy.  We should
> start planning for your next trip to Houston, as I'm sure your schedule
> will be getting full very soon.     Perhaps you could give the people in
> Enron Broadband an overview of the areas of interest within your research
> group.   I'm sure we could also benefit from you views of how the current
> technology is evolving.
>
> Are there certain dates which would potentially work for you?   Please let
> me know by email  or give me a call at 713 853 4748.
>
> Looking forward to talking with you.
>
> --Stinson


Cooper,

As far as I know we will continue to use E-connect.  At some point we will actually split our networks from Estate, and I'd expect that UBS will have a change then.  I'm told that the split is a few months out.

Thanks,

Greg

-----Original Message-----
From: Richey, Cooper
Sent: Fri 01/02/2002 3:18 PM
To: Hibbert, Greg
Cc:
Subject: vpn connectivity

Greg,

do you know the status of VPN connectivity going forward for UBS employees?

thx,
cooper


I've set an interview for Ken Lay with David Ivanovich of the Houston
Chronicle for Tuesday morning at 9.  David knows that we are "playing a major
role" in the WTO, wants to know what we're there for, what our message will
be.  The attached one pager is the basic point of our position on energy
services--anything else that I should ask Ken to stress?  Rob, will Ken's
speech be in good enough shape to either pull bullet points or let Ken peruse
the speech beforehand?

David heard that Exxon has not signed on to the energy services coalition and
wants to know why. I have found out from Joe Hillings the answer and will
tell David that Exxon is most welcome to join the coalition and all parties
would value their input.  Beyond that he can find out from Exxon why they are
monopolistic!  (I won't say that part).

Ken may be asked about our position on China's involvement, which we can
handle.  Anything else you can think of that we might be asked regarding the
event itself or the scores of protesters that will be there?


We have received an executed Second Amendment to Guaranty from Noble Affiliates, Inc., which decreases the amount of the guarantee.  (Such Guaranty guarantees the obligations of Noble Gas Marketing, Inc. under both physical and financial transactions with Enron North America Corp.)

Copies will be distributed.


Jay has been pulling reports over the last couple of days and so far so good.  Reported attached if you need it.

 -----Original Message-----
From: 	Webb, Jay
Sent:	Thursday, October 25, 2001 11:30 AM
To:	Kitchen, Louise; Zipper, Andy
Subject:	customer positions

The enclosed spreadsheet shows the net online position by product, by counterparty, for a number of liquid gas products.  Each column represents the life-to-date position generated on that product, for that customer, through the date in the heading of the column.

I don't see an immediate indication of these customer closing out of positions.

If I can put this into a more convenient form, let me know what would help.

Thanks!
 -jay


Though many of you already know, today is my last day here at Enron.  I am leaving to pursue my culinary interests full time and have accepted a baking/pastry apprenticeship with the Deer Valley Resort in Park City, Utah for the winter season.

I am happy to have spent the past 3 years working with such a fun and intelligent group of people. I sincerely wish all of you the best in your future endeavors.

Please don't hesitate to look me up if you are in the Park City area, vacation planning, or considering some radical career change like this...ha.  It would be great to see old friends up there.  Forwarding info is below:

http://www.deervalley.com/winter/winterhome.asp
Email: moshuffle@hotmail.com
Cellular: 713-516-0651


This is great.  Not a bad idea.

-----Original Message-----
From: Hosanna, Mickey
Sent: Wednesday, October 24, 2001 3:26 PM
To: Burdick, Liz; LeJune, Susie; Hill, Susan; Hinkle, Jill
Subject: FW: sign me up

This is great!

> Take all American women who are within five years of menopause - train
> us for a few weeks, outfit us with automatic weapons, grenades, gas masks,
> moisturizer with SPF15, Prozac, hormones, chocolate, and canned tuna -
> drop us (parachuted, preferably) across the landscape of Afghanistan, and
> let us do what comes naturally.
>
> Think about it. Our anger quotient alone, even when doing standard stuff
> like grocery shopping and paying bills, is formidable enough to make
> even armed men in turbans tremble.
>
> We've had our children, we would gladly suffer or die to protect them
> and their future. We'd like to get away from our husbands, if they haven't
> left already. And for those of us who are single, the prospect of finding
a
> good man with whom to share life is about as likely as being struck by
> lightning. We have nothing to lose.
>
> We've survived the water diet, the protein diet, the carbohydrate diet,
> and the grapefruit diet in gyms and saunas across America and never lost a
> pound. We can easily survive months in the hostile terrain of
> Afghanistan with no food at all!
>
> We've spent years tracking down our husbands or lovers in bars, hardware
> stores, or sporting events...finding bin Laden in some cave will be no
> problem.
>
> Uniting all the warring tribes of Afghanistan in a new government? Oh,
> please ... we've planned the seating arrangements for in-laws and
> extended families at Thanksgiving dinners for years ... we understand
> tribal warfare.
>
> Between us, we've divorced enough husbands to know every trick there is
> for how they hide, launder, or cover up bank accounts and money sources.
> We know how to find that money and we know how to seize it ... with or
> without the government's help!
>
> Let us go and fight. The Taliban hates women. Imagine their terror as we
> crawl like ants with hot-flashes over their godforsaken terrain. I'm
> going to write my Congresswoman. You should, too!
>


Definitely Thursday or Friday - just let me know so that I don't leave and
lock it up!

Kaye Ellis
02/01/2000 03:05 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Think Pad

Felix came by to do the replication on your think pad.  He said it will take
at least 1 1/2 hr. to do it.  Is it OK if he does it Thurs or Fri?  Your
schedule is pretty busy tomorrow.  The only time I see available tomorrow is
maybe 9:30a - 11a.  I'm sure it will be hard for you to talk on the phone
even for 30 min. with Felix in your office.

All he needs is your passwords.


The New York Mercantile Exchange
2002 Pocket Diary

Complimentary Diaries Are Now Available!

An elegant and practical planning
diary for the busy executive.

Organize your hectic schedule and
remember important dates in style!

NYMEX ACCESS
 Information
Clearing and Non-Clearing Member Firms
Crude Oil Qualities  Energy and Metals Contract Specifications
Trading Dates ? Who's Who at the Exchange

Pick up your copy in the
publications office of the
corporate communications
department on the 15th floor.


In referring to your  e mail to Ken Lay,  the reason  we   see total  US  gas
storage volumes BY month in 2000  decrease  by    .200 TCF  to  .400 TCF
below   the levels by month  in 1999 is due to  the following  reasons:

A.  STORAGE  COSTS   Putting  gas into storage for  a  several month period
typically costs  50 cents  to  $1.00 per  MCF or more;

B.  GAS COSTS   This cost  becomes  too  high to  put  gas into storage
when average  U.S.  prices  start rising because  the  need  to USE  the gas
itself,  not store  it,   becomes  greater than the need  to put it into
storage and pay storage  costs   for  future  needs.

For  example    at  $2.00 plus  50 cents  or   $1.00 for heat season storage
this cost combination is typically economic;   but  the situation becomes
cost prohibitive  when demand in the market for gas  is  so great to USE it
that it moves  the price  to   $3.00  or more  or as high as   $4.60  --  to
which  one would  then also have to  add   50 cents or  another dollar to
store it.

  TOTAL  GAS IN STORAGE  Source:  Table 10  US DOE EIA November 2000;  Gas
Prices  per  Table   4

APRIL 1999 5.876 TCF             $1.86 MCF US  Avg Gas  Wellhead Price
MAY  6.206     2.16
JUNE  6.519     2.12
JULY  6.749     2.18
AUG  6.978     2.49
SEP  7.292     2.61
0CT  7.443     2.50
NOV  7.445     2.67
DEC  6.906       2.20

JAN 2000 6.088   $ 2.12
FEB  5.672     2.30
MAR  5.514     2.36
APR  5.547     2.55
MAY  5.782     2.90
JUNE  6.061     3.73
JULY  6.351     3.70
AUG  6.544     3.67
SEP  6.827     4.26
OCT  7.072     4.61
NOV  6.779

Per  Table   3,   U.S.  gas  consumption  rose  .500 TCF  in year 2000
versus   1999;  but  additional supply from US and Canada  Table   2,     was
just  .100 TCF  so   to meet  the market  demand    .400 TCF  of  gas had to
come  out of  storage.
Hope  this helps clarify.  You can see these  reports on the  DOE   web
site   at   www.eia.doe.gov  and click on Natural Gas Monthly Statistics.
Regards,  M  Carson  Enron Competitive  Analysis


Here's the address for you.


Unless I hear otherwise by late today, I will assume that your executive manager has reviewed and approved your section.  Please call if that is not the case. We will make a distribution of the book late today.  We expect additional information from Rex Rogers and possible changes to the information provided by Tim Despain and Rick Carson.  Again, thank you.

sent by:
Laura Valencia
Executive Assistant
Tel:  713-853-6485
Fax:  713/853-2534

CONFIDENTIALITY NOTICE

The information contained in this email may be confidential and/or privileged. This email is intended to be reviewed by the individual or organization named above. If you are not the indented recipient, you are hereby notified that any review, dissemination or copying of this email or its attachments, if any, or the information contained herein is prohibited. If you receive this email in error, please immediately notify the sender by return email and delete this email from your system. Thank you.


Which direction should I go on 610?

Aimee Lannou   08/16/2000 04:47 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Evacuation Plan for Houston

Evacuation Plan for Houston

  In case of a hurricane, follow the Houston Evacuation Plan:

  Hispanics use I-10 West to San Antonio
  Cajuns use I-10 East to Lafayette
  Yankees use I-45 North to Oklahoma
  Native Texans use Hwy. 290 to Austin
  Aggies use 610 Loop


How are you doing today? Michael Kane asked me to contact you in regards to a  few positions that I know of in the market place.  I have a few questions  for you.  Would you be open to relocation?  What would you say your  strongest region of trading is?   If you can help me by answering  these questions, I should be able to find a fit in the openings I know  of.

Thanks,

Garrett  Stephenson
Kane & Associates
Office :  713-977-3600


Ashley,

Another student who responded after my presentation.
What do you think? Should we talk to him (Research) directly?

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/24/2000
04:37 PM ---------------------------

Jinbaek Kim <jinbaek@ieor.berkeley.edu> on 10/23/2000 07:25:36 PM
To: vkamins@enron.com
cc:
Subject: Resume,

Dear Mr. Kaminski,

Hi,
I am a Ph.D student at IEOR department at U.C.Berkeley.
Thanks for your presentation today.
It gave me knowledge and interest in electricity markets,
and your company.
As you mentioned in the presentation,
I send a resume to give me opportunity to learn more
about your company.
I hope I can join the super saturday event.

Jinbaek

 - resume.doc


Mark Haedicke requested I forward this e-mail from ISDA to all of you.

Janette Elbertson
Enron North America Corp.
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com
----- Forwarded by Janette Elbertson/HOU/ECT on 09/07/2000 09:56 AM -----

	Mark E Haedicke
	09/07/2000 09:00 AM

		 To: Janette Elbertson/HOU/ECT@ECT
		 cc:
		 Subject: Board Meeting - Additional Materials

Please print these out for me and forward to Mark Taylor, Alan, Elizabeth and
Jeff Hodge.
----- Forwarded by Mark E Haedicke/HOU/ECT on 09/07/2000 08:59 AM -----

	Corrinne Greasley <CGREASLEY@isda.org>
	09/07/2000 08:29 AM

		 To: ISDA BOARD <BOARD@isda.org>
		 cc: Angela Papesch <apapesch@isda-eur.org>, Emmanuelle Sebton
<esebton@isda-eur.org>, Mary Cunningham <MCUNNINGHAM@isda.org>, Nick Collier
<ncollier@isda-eur.org>, Richard Metcalfe <rmetcalfe@isda-eur.org>, Richard
Grove <RGROVE@isda.org>, Robert Pickel <RPICKEL@isda.org>, Ruth Ainslie
<RAinslie@isda.org>, Shigeki Kawano <SKawano@isda.org>, David Lafleur
<DLAFLEUR@isda.org>
		 Subject: Board Meeting - Additional Materials

Following are additional materials to be included in the Board books
distributed last week.
We encourage you to share this with lawyers and others within your
organization to solicit their input for the discussions at the Board meeting
next week.

Tab 4 - Electronic Delivery of ISDA Documentation
 <<ED ISDA Docs.doc>>    <<E-delivery spreadsheet.xls>>   <<RFP for
e-docs.doc>>

Tab 5 - Single Multi-Product Master Agreement and Related Issues
Attached is the memorandum on Single Multi-Product Master Agreement and
Related Issues.  There are several attachments referred to in the memorandum
which will be forwarded to you later today.
 <<SAFT.doc>>

Bob Pickel

 - ED ISDA Docs.doc
 - E-delivery spreadsheet.xls
 - RFP for e-docs.doc
 - SAFT.doc


Teco Tap       60.000 / Enron


Start Date: 2/22/01; HourAhead hour: 24;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001022224.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 24 / Preferred: 172.80 / Final: 172.77)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 2/22/01
  SC_ID: EPMI


************* SENDING FOR BRAD NEBERGALL ***********

Attached is the most recent Option Repurchase Agreement which has not yet
been reviewed by Brad Nebergall.
The Annex will be sent under separate cover.

Thank you.
BN/jf

---------------------- Forwarded by Julie Flahaven/HOU/ECT on 12/08/99 02:50
PM
---------------------------

Chaundra Woods
12/08/99 02:47 PM

To:   Julie Flahaven/HOU/ECT@ECT
cc:
Subject:  Use this Catalytica7eR

(See attached file: CATALYTICA7ER.DOC)

 - CATALYTICA7ER.DOC


---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 08/08/2000
05:11 PM ---------------------------

Crystal Hyde
08/08/2000 02:30 PM
To: Robin Rodrigue/HOU/ECT@ECT, Rahmaan Mwongozi/Corp/Enron@ENRON
cc:
Subject: east post ids

physical     857202
out month      857204
gas daily     857207


Please be aware that we will not be having our Monday morning conference call this week.  We will, however, have our usual EBS conference call next Monday at the usual time - 11:00am (CST).

Thank you.

Mona Petrochko
Director
Government Affairs - The Americas


First, this counterparty is OK to trade physical power.  I just spoke to
Leslie, and she said it was OK to set up "Ameren Energy, Inc. as  Agent "
under one cpy id # for the three utilities and that's how they would trade.
We spoke to Melissa Murphy on the Power Confirm Desk and she is going to set
up a special confirmation template that will add the three utilities names to
the confirmations before they go out.  I think this is how Global
Counterparty already set them up.  If this doesn't compute, let me know...

The Confirmations would then go out as Ameren Energy, Inc., as Authorized
Agent for and on behalf of Ameren Energy Marketing Company, Ameren Energy
Gathering Company, and Union Electric Company (d/b/a Ameren UE).


Ms. Nony is busy for  lunch.  Is 12:30 OK?

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


Hi Andy,

How are things?  I am still in Houston looking for a
new home.  I hope that all is well with you.
Hopefully some certainty will happen with Newco in the
near future.  I wanted some help from you in finding a
job.  I know that you are very well respected in the
industry so if any opportunity that may fit me comes
your way could you please let me know.  Thank you for
everything.  It was a pleasure working with you at
Enron.  I have attached a copy of my resume to this
email.

Thanks again and hope to hear from you soon,
Dayem

__________________________________________________
Do You Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videomail/
 - Dayem_Khandker.doc


Sharon, attached is the Compressor Station 27 Options memo.  Please call to discuss.


Forgot to include you on this.
----- Forwarded by Steven J Kean/NA/Enron on 12/29/2000 08:56 AM -----

	Steven J Kean
	12/28/2000 09:19 PM

		 To: Tim Belden/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, David
Parquet/SF/ECT@ECT, Marty Sunde/HOU/EES@EES, William S Bradford/HOU/ECT@ECT,
Scott Stoness/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Robert
Badeer/HOU/ECT@ECT, Jeff Dasovich/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Richard
Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON,
Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON
		 cc:
		 Subject: Meeting with Governor Davis, need for additional
comments/suggestions

We met with Gov Davis on Thursday evening in LA.  In attendance were Ken Lay,
the Governor, the Governor's staff director (Kari Dohn) and myself.  The gov.
spent over an hour and a half with us covering our suggestions and his
ideas.  He would like some additional thoughts from us by Tuesday of next
week as he prepares his state of the state address for the following Monday.
Attached to the end of this memo is a list of solutions we proposed (based on
my discussions with several of you) as well as some background materials Jeff
Dasovich and I prepared.  Below are my notes from the meeting regarding our
proposals, the governor's ideas, as well as my overview of the situation
based on the governor's comments:

Overview:   We made great progress in both ensuring that he understands that
we are different from the generators and in opening a channel for ongoing
communication with his administration. The gov does not want the utilities to
go bankrupt and seems predisposed to both rate relief (more modest than what
the utilities are looking for) and credit guarantees.  His staff has more
work to do on the latter, but he was clearly intrigued with the idea.  He
talked mainly in terms of raising rates but not uncapping them at the retail
level.  He also wants to use what generation he has control over for the
benefit of California consumers, including utility-owned generation (which he
would dedicate to consumers on a cost-plus basis) and excess muni power
(which he estimates at 3000MW).  He foresees a mix of market oriented
solutions as well as interventionist solutions which will allow him to fix
the problem by '02 and provide some political cover.
Our proposals:  I have attached the outline we put in front of him (it also
included the forward price information several of you provided).  He seemed
interested in 1) the buy down of significant demand, 2) the state setting a
goal of x000 MW of new generation by a date certain, 3) getting the utilities
to gradually buy more power forward and 4) setting up a group of rate
analysts and other "nonadvocates" to develop solutions to a number of issues
including designing the portfolio and forward purchase terms for utilities.
He was also quite interested in examining the incentives surrounding LDC gas
purchases.   As already mentioned, he was also favorably disposed to finding
some state sponsored credit support for the utilities.
His ideas:  The gov read from a list of ideas some of which were obviously
under serious consideration and some of which were mere "brainstorming".
Some of these ideas would require legislative action.
State may build (or make build/transfer arrangements) a "couple" of
generation plants.  The gov feels strongly that he has to show consumers that
they are getting something in return for bearing some rate increases.  This
was a frequently recurring theme.
Utilities would sell the output from generation they still own on a cost-plus
basis to consumers.
Municipal utilties would be required to sell their excess generation in
California.
State universities (including UC/CSU and the community colleges) would more
widely deploy distributed generation.
Expand in-state gas production.
Take state lands gas royalties in kind.
negotiate directly with tribes and state governments in the west for
addtional gas supplies.
Empower an existing state agency to approve/coordinate power plant
maintenance schedules to avoid having too much generation out of service at
any one time.
Condition emissions offsets on commitments to sell power longer term in state.
Either eliminate the ISO or sharply curtail its function -- he wants to hear
more about how Nordpool works(Jeff- someone in Schroeder's group should be
able to help out here).
Wants to condition new generation on a commitment to sell in state.  We made
some headway with the idea that he could instead require utilities to buy
some portion of their forward requirements from new in-state generation
thereby accomplishing the same thing without using a command and control
approach with generators.
Securitize uncollected power purchase costs.
To dos: (Jeff, again I'd like to prevail on you to assemble the group's
thoughts and get them to Kari)
He wants to see 5 year fixed power prices for peak/ off-peak and baseload --
not just the 5 one year strips.
He wants comments on his proposals by Tuesday.
He would like thoughts on how to pitch what consumers are getting out of the
deal.
He wants to assemble a group of energy gurus to help sort through some of the
forward contracting issues.
Thanks to everyone for their help.  We made some progress today.


----- Forwarded by Sara Shackleton/HOU/ECT on 06/08/2000 02:51 PM -----

	Lauren Hagerty@ENRON_DEVELOPMENT
	06/08/2000 02:35 PM

		 To: Sheila Glover/HOU/ECT@ECT
		 cc: Donna Lowry/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, John
Greene/HOU/ECT@ECT
		 Subject: Re: Genesys International Corporation Limited - FIP

We bought the Genesys shares before the IPO.  It was a private placement.  I
suspect that someone in India will have the initial offering if that will
help you any.  Let me know if you want me to run it down.

I wil have to get back with you on the symbol for Rediff.com.

To: Lauren Hagerty/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Donna Lowry/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, John
Greene/HOU/ECT@ECT

Subject: Genesys International Corporation Limited - FIP

Lauren,
Was  a FIP (Foreign Investor Proposal) obtained in order for us to buy the
shares in the IPO?  If the Mauritiurs entity was authorized to obtain the
shares through the IPO, doesn't it then make sense that we can sell the
shares?
Please let me know your thoughts.
Sheila

Also, do we know what the Symbol is going to be for Rediff.com India
Limited's ADRs?


The information books should be in everyone's hands by about 8:30 Thursday
morning.  Let me know if you have any trouble getting your copy.  Michael
Ratner is now building a baseline economic model for each of the four (4)
assets using data presented in the information memoranda.  Once the model
works, we will be able to modify the data to run various cases for various
asset combinations.  We need to identify all synergies and any other areas of
special consideration that could impact our valuation (i.e. does ownership of
Minnegasco provide any strategic opportunities, any value in the AC line
access to northeast pipelines, etc.)

You should soon receive another smaller packet from Merrill Lynch describing
two different deal structures for our consideration - one is a "prepaid
lease" arrangement, the other a "leveraged partnership".

I am trying to set up a meeting with Robert Eichenroht to discuss PUHCA
issues and how this deal would be impacted if we were to include either the
Arkla LDC or Minnegasco package.

Non-binding EOI's are due next Wednesday and time is short.  Bill Cordes will
be in Houston next Tuesday and we have tentatively scheduled a group meeting
for 8:00 AM.  [Location not yet confirmed, but we will try for a video conf.
room so Omaha can participate.]  Please mark your calendars.

JNG


Tom:
The data room will be open till Thursday, November 2nd.  Hope this helps.
Ben


---------------------- Forwarded by Mark A Taylor/EFS/EES on 05/28/2001 10:25
PM ---------------------------
From: Esmeralda Gonzalez/ENRON@enronXgate on 05/25/2001 02:28 PM CDT
To: Mary Cook/HOU/ECT@ECT, Jim Armsworth/Corp/Enron@ENRON, Kathlene
Mosley/ENRON@enronXgate, Mark A Taylor/EFS/EES@EES
cc: Ramona Perkins/ENRON@enronXgate, Holly
Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Meeting re: Samantha Boyd

Please note the meeting regarding Samantha Boyd has been scheduled for
Tuesday, May 29, 2001 from 1:00 p.m. to 1:30 p.m. in Mary Cook's office
(EB3801).  Please call me at Ext. 5-7621 if you have any questions.

Thanks.

Esmeralda Gonzalez
Enron North America Corp.
Legal Department
1400 Smith Street, EB3815
Houston, Texas 77002
e-mail: esmeralda.gonzalez@enron.com
Phone: 713-345-7621
Fax: 713-646-3393


----- Forwarded by Mark E Haedicke/HOU/ECT on 08/14/2000 12:00 PM -----

	Frazier King@ENRON
	08/11/2000 05:31 PM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: EBA Presentation

Mark,

Thanks for a great presentation today.
I have already received several comments
from people saying how much they enjoyed it.

I've attached a few orchid shots.
In fact, I will be showing them all on Saturday.
My photo organization, Houston Center for Photography is sponsoring a print
sale.
It is from 10 am to 6 pm this Sat. at 1441 Alabama (near the Menil).

Hope you have a great weekend.
Thanks again.

Frazier


Please prepare a bcc on the Siemens letter as indicated below.
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/18/2001 02:00
PM ---------------------------

	From:  Kathleen Carnahan                           05/18/2001 01:49 PM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Allegheny - Patty Clark's Fax for bcc on Westinghouse letter


Trip was excellent.  I took pictures, but most of them where taken inside
pubs so who knows how they'll turn out.  I definitely thought about you and
how much you would love the area Emily's living in (very upscale, English and
proper).  I also had an impromptu interview thanks to Dave Oliver so we'll
see.  I will talk to you more later as I am in the thick of calcing and am
suffering a bit of jet lag.

Susan

From: Tobin Carlson@ENRON COMMUNICATIONS on 10/11/2000 01:08 PM PDT
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject:

Hello my friend. Hope you are well. First, how was your trip? Secondly, did
you get many pictures? Thirdly, did you think about me the whole time you
were there...saying in your mind "Tobin would have liked this?"
Drop a note and give me the dirt.

TC

Tobin Carlson
Analyst
Enron Broadband Services
(503) 886-0714 (bureau)
(503) 720-2298 (mobile)


Tomorrow is fine.  Talk to you then.

Phillip


test
----- Forwarded by Steven J Kean/NA/Enron on 03/02/2001 11:51 AM -----

	Susan J Mara
	03/02/2001 10:44 AM

		 To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron, Sandra McCubbin/NA/Enron@Enron, Christopher F
Calger/PDX/ECT@ECT, David Parquet/SF/ECT@ECT, Laird Dyer/SF/ECT@ECT, Tim
Belden/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Steven J
Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
		 cc:
		 Subject: ABX1 70 Further Nail in Generator's Coffin -- Absurdity in CA

I just heard about this bill by La Seur

ABX1 70 attempts to criminalize acts of unregulated generators if they
perform maintenance at times other than the California Public Utilities
Commission requires. Further, the commission is required to allow scheduled
maintenance of only one generator at a time.
So, with 500 generators in the state, just how  many years would it take to
complete one round of maintenance?  Also, please note it does not apply to
munis.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


Several DPL representatives will be here Thursday at 1:30pm (CST) to discuss
the Wheatland plant.  Please make plans to attend the meeting in 3321.  For
those outside Houston, we will have a call-in number.

Major areas of Focus: Real Estate, Environmental, General

Call me with any questions.

Thanks,

Don


I caught the call the other day- didn't hear anything that warranted the
reaction seen.Next time I'll send something stronger to drink....
> ----------
> From: 	Greg.Whalley@enron.com[SMTP:Greg.Whalley@enron.com]
> Sent: 	Monday, March 12, 2001 4:17 PM
> To: 	Matthews, Michael L [PVTC]
> Subject: 	Re: Energy impact vs. GDP
>
>
> does it get any uglier than this?
>

--------------------------------------------------------------
Reminder:  E-mail sent through the Internet is not secure.
Do not use e-mail to send us confidential information
such as credit card numbers, changes of address, PIN
numbers, passwords, or other important information.
Do not e-mail orders to buy or sell securities, transfer
funds, or send time sensitive instructions. We will not
accept such orders or instructions.  This e-mail is not
an official trade confirmation for transactions executed
for your account.  Your e-mail message is not private in
that it is subject to review by the Firm, its officers,
agents and employees.
--------------------------------------------------------------


"You cannot be dependent upon your eyes when your imagination is out of
focus.8 - Mark Twain

Watch the Enron Building lobby on Wednesday, April 25th, from 11:30am to
1:00pm for information on some of
Enron's new innovative businesses.  You'll have the opportunity to meet
various business representatives and discuss
their products and services from the creative minds of our employees.  Watch
for Vince Kaminski
who will be present during this exciting exchange of information.

Featuring:
Deal Bench, enron.credit.com, Weather Risk Management, Enron Trading Game and
Xcelerator

Word of the Day
cerebration \ser-uh-BRAY-shun\, noun:
The act or product of thinking; the use of the power of reason; mental
activity; thought.


Ms. Tana,
?
Have I got an exciting invitation for you:? Williams  Collection is having a
holiday get-together on Friday evening, 5-8, you may have  received an
invitation.?? I bought a coffee table, end table, and  bedside table (for
Sarah) this past weekend and there is a bed there that I want  and would love
to have your opinion.? I don't remember if you still work  out on Friday
evenings, but if you are free and care to join me, I would love to  have your
company.? Can you pass up this opportunity??
?
Actually, I would love for you to go with me, but, also, I  would like to
know your opinion of a carved pine head/foot board?? I like  it, but I also
like the iron beds.? I can't decide.
?
Let me know what you are up to and if you are  available.
?
Patti
?


Asset Base
TW's physical assets will include 2,618 miles of pipe ranging from 2 inch to 30 inch diameter and 29 mainline and lateral compressor stations including three electric drives totaling 28,000 HP.  Total HP from all compressor stations after the completion of the Red Rock expansion project is approximately 330,500 HP.  TW has approximately 360 delivery points in the states of Arizona, California, Colorado, New Mexico, Oklahoma, and Texas.

Ron M.


-----Original Message-----
From: Cornell McGee [mailto:cmcgee@viant.com]
Sent: Wednesday, March 08, 2000 10:00 AM
To: Tara Abbott
Subject: This is Cute!

Hope you have a sound card on this one....

Message-ID: <5C1861CCF191D31186F300508B6F7018397DB6@adntex02.excel.com>
From: Antoinette Bowler <ABowler@excel.com>
To: mraduenz@wjade.com
Subject: FW: This is Cute!
Date: Wed, 8 Mar 2000 10:38:53 -0600
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.10)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_002_01BF89D5.C392DEC8"

In case you are missing Asea...she told me to send you this

 <<cute.exe>>

 - cute.exe


Start Date: 4/26/01; HourAhead hour: 4;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042604.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 4 / Preferred: 114.00 / Final: 113.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/26/01
  TRADING_SC: PWRX
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


This request has been pending approval for  3 days and you are the alternate.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000081004&Page=Approval to review and act upon this request.

Request ID          : 000000000081004
Approver            : sandeep.kohli@enron.com
Request Create Date : 1/15/02 12:45:53 PM
Requested For       : randal.frisbie@enron.com
Resource Name       : \\enehou\houston\common\Research - [Read]
Resource Type       : Directory


---------------------- Forwarded by Kay Mann/Corp/Enron on 12/08/2000 08:39
AM ---------------------------

Kay Mann
12/07/2000 11:52 PM
To: kent.shoemaker@ae.ge.com, lee.johnson@ss.ps.ge.com
cc:

Subject: Override letter for Master Agreement


This FRIDAY, DECEMBER 8, 2000 (5:00 p.m. CST) is the deadline for deferral
program enrollment.  Following the deadline, no new elections or changes to
existing elections will be accepted.
To learn more about your deferral program opportunities and to enroll for
2001 deferrals, access eHRonline at http://ehronline.enron.com.  (Call the
ISC Help Desk at 713-345-4727 if you need your ID or password to access the
system.)

1. Review the program descriptions (attached to the Election Form) before you
make your elections.
2. If you decide to defer compensation, complete the Election Form before
Friday, December 8,  2000, 5:00 p.m. CST (the enrollment deadline).
3. Print your 2001 Election Form and Confirmation Statement right from the
web site and you,re   finished!

DEFERRAL ENROLLMENT 2001--ADDED VALUE FOR YOUR FUTURE


Please get to the bottom of this and report back to me. Thanks.
-----Original Message-----
From: Stephens, Becky
Sent: Friday, August 24, 2001 10:51 AM
To: Sanders, Richard B.
Cc: Soldano, Louis; LaGesse, Denise; Digilormo, Susan; White, Bonnie; Davis, Britt
Subject: Houston Pipe Line Company v. Kinney Fitzgerald charges - Enron Litigation Unit

Richard, I have had a request from Denise LaGesse (at Lou's request) to remove the Enron Litigation Unit charges on this matter from their operating company (ETS) and charge them to ENA instead.  We have billed ETS 5 times since January, the total amount of the billings being $4,678.47.  If you are in agreement with this transfer of charges, please provide the company # and cost center # that you would like me to have them transferred to.  I can forward details of these billings to you by fax or mail.  Let me know your preference.  Thank you.

Denise, I will need your company # and cost center # as well.

Thank you.
Becky A. Stephens
Support Services Coordinator
Enron Litigation Unit, EB4809
becky.stephens@enron.com <mailto:becky.stephens@enron.com>
713.853.5025
713.853.6576 fax


Don,

What's up with this?

Fletch

 -----Original Message-----
From: 	Zarkowsky, Sarah
Sent:	Monday, August 27, 2001 9:10 AM
To:	Sturm, Fletcher J.
Subject:	Performance Evaluations

In reviewing the Performance evaluations and self evaluations that you sent to Kim Melodick, I noticed that there is a self evaluation for John Kinser, but not a performance evaluation for him.  Just wanted to confirm that this is accurate.

Thanks!
Sarah Zarkowsky


This meeting has been rescheduled for today at 2:00.