Enron Europe has decided to pursue this claim. How involved would you like me
to be?
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 12/05/99
01:44 PM ---------------------------

Jon Chapman
11/10/99 09:50 AM
To: Mark Frevert/LON/ECT@ECT, Danny McCarty/LON/ECT@ECT, John
Sherriff/LON/ECT@ECT
cc: Matthew Scrimshaw/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT
Subject: Warranty claim by Enron Teesside Operations Limited against ICI
Chemicals & Polymers Limited ("ICI")

PRIVILEGED ATTORNEY - CLIENT COMMUNICATION  : CONFIDENTIAL

Mark / Dan / John

As you are aware , earlier this year , we served formal notices of two
potential warranty claims ( re. the Halochems. closure and the DuPont reduced
steam-take ) on ICI , as required by the Sale of Business Agreement . We have
subsequently prepared a detailed draft analysis and costing of our claims
(the "Particulars of Claim") which has been served on ICI's lawyers , Herbert
Smith . They have come back with some requests for supporting documentation
which we are currently dealing with.

The Sale of Business Agreement requires us , unless ICI agree to settle which
seems highly unlikely at this stage , to issue formal court proceedings
against ICI before 21 November in respect of the Halochems. claim and before
17 December in respect of DuPont  . We wish to deal with the two claims
together and , accordingly , it is proposed that we issue proceedings , at
latest , on 16 November . Issue puts us into a formal procedural timetable .
ICI would have 14 days to reply indicating whether they wish to defend and a
further 14 days to issue a defence , though this period is generally capable
of being extended by a further 28 days . The process of discovery , whereby
each side has the opportunity to examine relevant documentation in the
possession of the other , would probably begin after 3 months or so . If we
were to go to full trial , this could be in the second half of next year .

If we don't issue proceedings before the relevant dates , we lose the right
to bring the relevant claim completely unless ICI has waived the requirement
that we issue proceedings by these dates , which they have shown no
inclination to do.The downside of issuing proceedings is that , whilst we are
entitled to withdraw them at any stage if we decide not to proceed with the
claims , we would then be liable for much of ICI's legal costs from the date
of issue to the date of withdrawal .  Our lawyers' view  is that , were we to
go to full trial and lose , the potential aggregate liability for ETOL's
legal costs and ICI's legal costs would be between o1 million and o1.5
million (our current costs are around o70 , 000 ).

In terms of the chances of success of our claims were we to go to full trial
, I believe  , and am advised , that the DuPont reduced steam-take claim is
more likely to succeed than the Halochems. shutdown claim . Given the legal
complexities of contractual warranty claims , I do not think it would be wise
, at this stage , to be overly confident of success at full trial . However ,
there is certainly , in my view , good potential for achieving a settlement
with ICI which may involve more than simply a cash payment (eg restructuring
of key contracts , land deals etc. ) .We do know that , as a matter of
practice , ICI ignore potential claims unless proceedings have been issued .
Issue of proceedings should , thus , be viewed primarily , at this stage , as
a necessary means of getting ICI to the negotiating table . Their costs will
not ramp up significantly until discovery starts , so we should be ready to
monitor closely and constantly our prospects in the litigation as against our
potential exposure should we withdraw or lose .

On the basis of the above , I would recommend that proceedings are issued
against ICI and would very much welcome your views or comments on this.

Regards.

Jon


Below are copies of the prepared statements of commissioners Wood, Massey and Breathitt for this afternoon's House hearing on electricity issues.  The witnesses are the four FERC commissioners on one panel and the Deputy Sec. of Energy on a second panel.  Chairman Wood's statement is very strong on RTOs and why a few, larger ones are needed for economic and security reasons.  The only troublesome note is he describes the recent mediation proceedings as "encouraging."  However, elsewhere he refers to voluntary RTO formation in the past tense, saying "the Commission can go further and require them" (although he raises the likelihood of litigation unless Congress clarifies the Commission's authority in this area.  I will provide a more detailed report after the hearing.

P.S.  Since the commissioner's statements are in word perfect, you will need the right computer software or know how to reformat them.  If you have any trouble, please advise.  This is the format in which we received them.  Thanks.

John

-----Original Message-----
From: Bruce Andrews [mailto:BAndrews@QuinnGillespie.com]
Sent: Wednesday, September 19, 2001 2:46 PM
To: Robertson, Linda; Shelk, John; Shortridge, Pat; Long, Chris; Nersesian, Carin
Cc: ENRON; Harriet James
Subject: Hearing Materials

In case you have not seen these yet, attached are materials for tomorrow's hearing that Harriet James at QGA received from Committee staff.  Please contact us if you have any questions.

Bruce Andrews
Quinn Gillespie & Associates
1133 Connecticut Ave., NW
Fifth Floor
Washington, DC 20036
direct dial: (202) 429-4006
QGA Main Line: (202) 457-1110
QGA fax: (202) 457-1130
bandrews@quinngillespie.com


All:

As part of the TW Negotiated Rate Settlement Hearing, it has been suggested that the following modification to CAS and other associated systems be made:

EBB sytem that allows a shipper interested in capacity to simply enter a receipt and delivery point; the system will automatically let the interested shipper know how much, if any, capacity is available (advantage: although it doesn't provide the IS's the "last look" auction their looking for, it at least provides an open process for anybody that is interested to find out if capacity is available (eliminates any claim of "tortious process"); disadvantage: feasibility and cost are unknown at this time).

This was drafted by an attorney without considerable consultation with Gas Logistics.

A settlement offer that includes minor tariff changes will be provided to the parties in the proceeding this week.  Although this will buy some time, a scope and cost estimate needs to be determined so that if the modification above is offered, we know what the cost is.

Alma:  Please schedule a 1 hour meeting with anyone on the distribution and if anyone else should be included, please let Alma know.

Brad


Dear  Greg Whalley,

Welcome to Energy News Live - http://www.energynewslive.com !

You are receiving this email as a result of your recent registration.

FREE ENERGY NEWS LIVE MEMBERSHIP
We're glad you've joined us; we think you'll find ENL an amazing business
tool,
with live, up-to the-minute news every hour on the hour of every business day.
Insight from actual traders. Exotic and proprietary
weather modeling. A new cross-commodity index. We'll break every
energy headline around the world, and bring them right to your desktop.
So sign on, leave it on, stay on top. And enjoy your membership to
EnergyNewsLive.com, the first real-time energy network.

If you did not request this account please click here to de-activate
http://www.energynewslive.com/reg/delete_user.cfm?UID=6006

Sincerely,

The Energy News Live Team


That was funny!


Shirley,

Please, send him a copy of the paper on weather derivatives.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/28/2000
08:25 AM ---------------------------

dgoodburn@rochpar.com on 04/28/2000 06:05:53 AM
To: Vince.J.Kaminski@enron.com
cc: vkaminski@aol.com
Subject: Introduction to the Rochester Partnership

 Dear Vincent,

 With respect to you wanting to know more about our company here is
some background.

 Rochester was formed in 1982 to focus on the executive search for
senior individuals within Investment Banking and Commodity markets. The
operation is based in London with a global network of associates. Business
is primarily generated in Europe with an ever increasing demand from both
Asia and the United States.

 More specifically with respect to Enron, Rochester has been involved
in the Energy markets since the opening of the International Petroleum
Exchange in London. In the early 1990's, with the advent of UK deregulation,
Rochester was placing electricity traders. As always, with politicians
changing their minds, deregulation did not happen and market interest in
Energy and Power declined.

 Now that Europe is to deregulate a number of trading houses,
investment banks and the utilities have expressed a strong interest in
building their market presence. Subsequently we are working on a number of
projects that not only require traders but also complete staffing solutions.

 This includes:

 1.) Board level directors
 2.) Asset management
 3.) Corporate finance
 4.) Trading:
   - Vanilla ( financial and physical ) instruments
   - OTC derivatives ( Credit / Equity )
   - Options
   - Structured products

 5.) Relationship management
 6.) Management consulting
 7.) Corporate lawyers

 Whilst power and energy are growth areas in themselves emissions and
weather derivatives are rapidly becoming a great source of interest. For
your guide a former employee of Rochester is now heading up the emissions
marketing group at OM here in London.

 Rochester has a strong track record, and through repeat and referral
business, is rapidly establishing itself as a leader in this new and
exciting global market.

 Should you have any questions or comments please do not hesitate to
contact us here in London. I look forward to speaking with you again and
promoting an understanding of mutuality between our two organisations.

 With kind regards

 Damian Goodburn

Tel: +44 (020) 7 847-1829
Fax: +44 (020) 7 256-9111

http://www.rochpar.com

Rochester Partnership Limited
7 St Helen's Place
London EC3A 6AU

Please note that this message is intended for the named recipient(s) only.
Its contents may be confidential or subject to professional privilege.  If
you are not an intended recipient, you may not disclose, copy or use in any
way the information contained in it; please delete it and notify
administrator@rochester.demon.co.uk immediately.

Rochester Partnership Limited accepts no responsibility for any opinions
expressed in the content of this message.


Tomorrow's meeting on O&M costs will be held at 4:30pm in 3125A.  Give me a
call if there are any problems.  Thanks
Ben


Today's Pre-Bid Meeting will be held in 05075 from 3:00 PM to 5:00 PM

Patti:  Please pass on to the schedulers.


I don't remember if I talked to you about this last month or not.  If not,
would you mind giving Brent a hand with his broker agreement?
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
06/13/99 06:22 PM ---------------------------
From: Brent Hendry AT ENRON_DEVELOPMENT@CCMAIL on 05/13/99 04:05 PM
To: Mark - ECT Legal Taylor@ECT
cc:
Subject: Broker Agreement

I am working on preparing a new form of Broker Agreement for Don.  Is there a
form that ECT has used in the past?  The version we will be drafting will
have certain non-traditional obligations on the broker such as the obligation
to find a seller for the buyer's consumption requirements, guarantee to
seller the buyers payment obligations and so forth.  Do you think Vicky may
have prepared broker agreements for EES?  If my description is too vague call
me and I can describe it in more detail.  Thanks.


Join Melissa Becker on eSpeak at ethink.enron.com, Tuesday, June 20 at 10
a.m. Houston time.  Melissa, vice president of Strategic Initiatives, will
conduct an "open mike" session on the worldwide SAP implementation.

Are you at a remote location or can't make the event? Go into eSpeak now and
pre-submit your question(s) for Melissa to answer during the scheduled
event.  We want to answer everyone's questions, but due to the high volume of
questions we anticipate on this session, it would be helpful if you can keep
your questions short and simple.  This will increase the opportunity for your
question to be answered.

eThink: Invest Your Mind


Is EPMI the LSE?

-----Original Message-----
From: Gilbert-smith, Doug
Sent: Wednesday, January 09, 2002 1:11 PM
To: Nicolay, Christi L.
Subject: RE: ERCOT Registration Requirements

The lse is not ees though. The required software is in a non bankrupt entity that lloyd controls relating to control area services.

Not sure what the other issues would be but wait to hear.

Thanks,

Doug
Doug-Gilbert Smith


Start Date: 3/2/01; HourAhead hour: 22;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030222.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 22 / Preferred:  29.00 / Final:  26.60)
  TRANS_TYPE: FINAL
  SC_ID: ARCO
  MKT_TYPE: 2
  TRANS_DATE: 3/2/01
  UNIT_ID: CARBGN_6_UNIT 1

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 22 / Preferred:  75.00 / Final:  73.80)
  TRANS_TYPE: FINAL
  SC_ID: ECTstNW
  MKT_TYPE: 2
  TRANS_DATE: 3/2/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_3000
  ENGY_TYPE: FIRM
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 22 / Preferred:  75.00 / Final:  73.77)
  TRANS_TYPE: FINAL
  SC_ID: ECTltNW
  MKT_TYPE: 2
  TRANS_DATE: 3/2/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_6000
  ENGY_TYPE: FIRM


As advised by your assistant, I am emailing you an invitation from our
Executive Director, as well as the membership list of the Council of
Institutional Investors.  I will also send a hard copy of the invitation in
the mail.  Thank you for your consideration.

Teresa Webb
Deputy Director
Council of Institutional Investors
phone:  202-822-0800
fax:  202-822-0801
email:  teresa@cii.org

 <<enron.doc>>  <<Memlist.doc>>

 - enron.doc
 - Memlist.doc


I will be out of the office on Thursday and Friday.  My pager may not reach
me but I will be checking my voice mail.
Please call George Grant in my absence at ext. 36224.   Thanks,   Pat

Get with me today if you need anything by the end of the week.


Steve,

Thank you for taking my call and your subsequent offer of assistance on
Thursday. I wanted to contact you again to confirm you have received my fax
and see if you had any questions.

I will be back in Houston on Monday and will be available to visit with you
or your designee. I look forward to talking with you and I thank you again
for your friendship and your offer of support.

Court Koenning
713/664-8362
361/576-1446 (Victoria)

Do You Yahoo!?
Send online invitations with Yahoo! Invites.


Mike's in a meeting right now, but I'll check with him when he gets out. I
don't see this trade anywhere in his trade log.

Kate

Stephanie Piwetz   04/30/2001 12:26 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Trade date on 592751.01 No Bro/Swerzbin

Kate, verballed trade with Powerex, they show trade date as 4/26 as opposed
to our 4/25.  Please check with Mike.  Thanks


Nancy,

Here's the book request I spoke with you about.   This also needs to be added
to the AGG-GAS, AGG-GASIII, AND AGG-GASIV portfolios.  Please include as a
separate portfolio named trader under the Lavorato Other region.

Please let me know when this book is set up.

Thanks,
Robin


Kay, can you set up a dinner with Randall.

Thanks
---------------------- Forwarded by David W Delainey/HOU/ECT on 09/25/2000
08:08 PM ---------------------------

Randall Curry@ENRON
09/25/2000 06:40 PM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: Calpine

Dave,

Thanks for following through with the contact.  As we discussed, the
discussions we had with Calpine were at a local level and very preliminary,
with Bridgeline indicating to Calpine that we are always open to looking at
ways that will enhance shareholder value.  I agree with you that at this time
it has a low probability of evolving into anything.

On a separate note, I would like to take you up on your offer of your time
and resources.  I know that Bridgeline is a very small component of the
things that are on your radar screen, but if it is not too much of an
imposition, I would like to have a one on one discussion with you concerning
a few of the issues we discussed at the management committee mtg.

I want to make sure that I am crystal clear on the perspectives and desires
of both parents.  Coming from Texaco, I feel like I have a good feel for
Texaco's short and long term expectations for the partnership, however I
would like to dig a little deeper with you on a few of the issues we
discussed at the management committee mtg, and a couple of your points in
your follow up email to me.

The afternoon or evening would work best for me, and I would be happy to pick
up the tab for dinner one night if that fits with your schedule.  The balance
of this week is kind of tight, however, the week of September 2nd and 9th are
fairly open with the exception of Tuesday night the 3rd.

Thanks for your help, look forward to talking to you soon.

Randy

David W Delainey@ECT
09/22/2000 06:48 PM
To: Randall Curry/Corp/Enron@ENRON
cc: Brian Redmond/HOU/ECT@ECT, Jean Mrha/NA/Enron@Enron

Subject: Calpine

Randy, Scott Healy contacted Bob Kelly at Calpine about Calpine's potential
interest in Bridgeline and he found that Kelly and Cartwright had no real
knowledge of the potential deal.  Likely this originates at the local level
and is probably a long put.  Kelly was going to get back to Scott with more
detail over the next week.

Regards
Delainey


Lubbock Power & Light  only  trade "East" power only.  Additionally, tenor to
be limited to 3 months.

Otherwise, Ditto Credit

	Tana Jones@ECT
	03/29/2001 09:06 AM

		 To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Marcus
Nettelton/NA/Enron@ENRON, Harry M Collins/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Marie Heard/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications, John Viverito/Corp/Enron@Enron, Jane McBride/AP/Enron@Enron,
Andrea Calo/SA/Enron@Enron, Peter Keohane/CAL/ECT@ECT
		 cc:
		 Subject: EOL approvals, 03-28-01

----- Forwarded by Tana Jones/HOU/ECT on 03/29/2001 09:06 AM -----

	Walter Guidroz/ENRON@enronXgate
	03/28/2001 04:42 PM

		 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
		 cc:
		 Subject: EOL approvals, 03-28-01

Please see attached.


Here is a basic summary of what we would require from Idaho.
Please let me know if this looks good or if you would like to see anything else.

Thank You,
Holden


I'll give 150.

	Enron Capital & Trade Resources Corp.

	From:  Jeff Skilling                           04/19/2001 05:18 PM

Sent by: Sherri Sera
To: Cliff Baxter/HOU/ECT@ECT, Rick Buy/HOU/ECT, Ben Glisan/HOU/ECT@ECT,
Steven J Kean/NA/Enron@Enron, Jeffrey Sherrick/Corp/Enron, Philippe A
Bibi/HOU/ECT, Michael Brown/NA/Enron, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A Hughes/ENRON_DEVELOPMENT,
Louise Kitchen/HOU/ECT@ECT, Rebecca McDonald/ENRON_DEVELOPMENT, Greg
Piper/Corp/Enron, John Sherriff/LON/ECT@ECT, Greg Whalley/HOU/ECT@ECT, Janet
R Dietrich/HOU/EES@EES, Mark S Muller/HOU/EES@EES, Matthew
Scrimshaw/LON/ECT@ECT, David Cox/Enron Communications@Enron Communications,
Kevin Hannon/Enron Communications@Enron Communications, Rod
Hayslett/FGT/Enron, Stan Horton/Houston/Eott@Eott, Danny
McCarty/ET&S/Enron@Enron
cc:

Subject:

I know how incredibly busy you all are, so I'm sure that making a pledge to
Jeff for the MS150 has simply slipped your mind.  Well the ride is this
weekend, time is running out and we need you!

Enron's goal is to raise $700,000, and Jeff's personal goal is to raise
$50,000.  As of today, we are a little better than half way there.  Won't you
consider helping him reach his goal?

Thanks for your consideration.  I look forward to hearing from you tomorrow...

Sherri :-)


Wilson,

We are running short on time.  We are planning to sign on  Tuesday, and I
hesitate to put a new document in front of them at this late date. Would it
be easier to work with reps/warranties?

I definitely need an answer from your firm confirming (1) enforceability  (2)
obligation of the Cities to financially support agreement.

Also, could you provide me with the Mississippi law defn of consequential
damages and a couple of examples where Enron could be responsible for same
under this agreement?  Also, can MDEA and the Cities be liableto Enron for
consequentials (absent a waiver)?

Your comments to the previously forwarded draft would be greatly appreciated.

Kay

"Wilson Montjoy" <wmontjoy@brunini.com> on 06/05/2001 10:33:14 AM
To: <Kay.Mann@enron.com>
cc:

Subject: Re: Clarksdale

I had spoken to Rod Clement, one of our opinions guys, about having a call
with you, but we hadn't gotten around to scheduling it. What is your
availability this afternoon? Both Rod and I are available.

>>> <Kay.Mann@enron.com> 06/05/01 06:25AM >>>
Wilson,

We are trying to finalize this transaction by next Tuesday, and I could
really use your help.  I believe you owe me a draft of an opinion letter?
Also, do you have any comments to the draft agreement I sent out last week?

I also need an opinion that the language in the agreement re the Cities
obligation to financially support MDEA is sufficient.

Thank you,

Kay


OK for me.

	Lisa Lees
	11/07/2000 03:17 PM

		 To: Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT
		 cc: Stacey Richardson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT
		 Subject: US Gas Phy Index Firm 3-day Flexible non-TX>1Mo<1Yr - Approval
Required!

Tana/Karen:

The product long description below will fall under the new product type US
Gas Phy Index Firm 3-day Flexible non-TX>1Mo<1Yr.  Credit (Tom Moran) has
approved copying the profiles for the new product type from the following:

US Gas Phy Index Firm non-TX>1Mo<1Yr

Please respond by 10 a.m. on Wednesday, November 8.

Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 11/07/2000 02:09 PM
---------------------------

From:  Melba Lozano
  11/01/2000 05:04 PM

To: Mark Taylor/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Bjorn
Hagelmann/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, Jeff
Blumenthal/HOU/ECT@ECT, Kimat Singla/HOU/ECT@ECT
cc: Lisa Lees/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Robert B
Cass/HOU/ECT@ECT
Subject: US Gas Phy Index Firm 3-day Flexible non-TX>1Mo<1Yr - Approval
Required!

Your review and approval of the following product type in the EOL Datamanager
is needed. This product already exists for products less than 1month.

Mark:  Stacey Dickson has already approved this language.

US Gas Phy Index Firm 3-day Flexible non-TX>1Mo<1Yr

EXAMPLE:

A US Gas Transaction with Enron North America Corp. (ENA), under which (A)
where ENA is the Buyer,  ENA shall deliver to Counterparty and Counterparty
shall receive a quantity of natural gas equal to the volume submitted by the
Counterparty via the website for delivery on each day during the Period of
Delivery (the sum of the daily volumes shall equal the 'Total Volume'), and
Counterparty shall deliver to ENA and ENA shall receive a quantity of natural
gas for delivery on each of the Purchase Dates during a calendar month, where
(i) the volume of gas delivered on any Purchase Date shall not exceed 33.33
percent of the Total Volume for that calendar month and (ii) the volume  of
gas delivered on all Purchase Dates shall be in increments such that that the
sum of said increments equals the Total Volume for that calendar month, or
(B) where ENA is the Seller,  Counterparty shall deliver to ENA  and ENA
shall receive a quantity of natural gas equal to the volume submitted by the
Counterparty via the website for delivery on each day during the Period of
Delivery (the 'Total Volume'), and ENA shall deliver to Counterparty and
Counterparty shall receive a quantity of natural gas for delivery on each of
the Purchase Dates during a calendar month, where the volume of gas delivered
on any Purchase Date shall not exceed 33.33 percent of the Total Volume for
that calendar month and the volume of gas delivered on all Purchase Dates
shall be in increments such that that the sum of said increments equals the
Total Volume for that calendar month. All deliveries shall be on a firm basis.

The Contract Price shall be the price derived from the Index for that
calendar month, as adjusted by the price submitted by the Counterparty via
the website. The Buyer shall pay the Contract price for each calendar month
during the Period  for gas received. The Seller shall pay the Index for each
calendar month for gas received.

The term of the Transaction shall be from the Effective Date of __ ___ 2000
to the Termination Date of __  ____ 2000.

The transaction is for delivery at Columbia, Appalachian. The Period of
Delivery shall be from the effective date through the termination date. The
Purchase Dates shall be each of no less than three days as designated by
Buyer within each calendar month during the Period of Delivery. Buyer shall
notify Seller by facsimile of Buyer's designation of a Purchase Date by no
later than 10:45 a.m. Central Prevailing Time on the due date of the pipeline
nomination for the day on which Buyer desires the gas to flow.

The Index for each calendar month shall be the Columbia Gas Transmission
Corp., Appalachia (W. Va., Ohio, Ky.) price as listed in the section entitled
"Prices of Spot Gas Delivered to Pipelines", published in the first issue in
such month of Inside Ferc's Gas Market Report.

The price is quoted in US Dollars per unit of volume, which will be the
Contractual Currency.

The unit of measure against which the price is quoted shall be millions of
British thermal units and the quantity shown shall be in millions of BTUs per
day.


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

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

Please welcome Craig to our Portland Office!


Hi Kay Kay. Just wanted to say hello and wishing you a great week. Thanks
for letting Michael come see us. We really enjoyed his visit. We enjoyed
Neil being here. Just sorry he had to meet up with a hardhead. I bet he has
a sore foot? Norm is catching crabs for us today. I forgot to tell Neil
about the crabs.We love you. Mother


great. yes.  I will be picking a jury on monday. can you be flexible re
timeframe

-----Original Message-----
From: Richard B Sanders [mailto:Richard.B.Sanders@enron.com]
Sent: Friday, March 03, 2000 11:11 AM
To: Radack, Judge Sherry (DCA)
Subject:

Can you have lunch on Monday?


SECOND REQUEST

Russ and Richard:

I have never had a response from anyone at Lehman about my prior attached
message.  Will one of you please call me?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 04/10/2001 09:25 AM -----

	Sara Shackleton
	04/02/2001 09:21 AM

		 To: rhackman@lehman.com, rweiss@lehman.com
		 cc: Clint Freeland/Corp/Enron@Enron, Jeff Nogid/HOU/ECT@ECT, Tanya
Rohauer/Enron@EnronXGate
		 Subject: ISDA Master Agreement between Enron Corp. ("Enron") and Lehman
Bros. Finance S.A. ("Lehman")

Russ and Richard:

The referenced agreement was sent  to you for execution on December 7, 2000.
We have never received an executed original of the agreement or the guaranty
from Lehman Bros. Holdings Inc.  We have called on several occasions to
locate these instruments.

Please let us know if there is a problem.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


TASK ASSIGNMENT

Status:		completed

Task Priority:		1
Task Due On:		3/27/2000
Task Start Date:	3/27/2000


Hello,  Jim Nixon from Alcoa sent me the attachment below.

Let me know if I can do anything else to help.

Thanks,
Melissa
---------------------- Forwarded by Melissa Ann Murphy/HOU/ECT on 12/05/2000
07:46 AM ---------------------------

"Nixon, James C." <James.Nixon@alcoa.com> on 12/04/2000 07:12:33 PM
To: "'Melissa.Ann.Murphy@enron.com'" <Melissa.Ann.Murphy@enron.com>
cc:
Subject: Alcoa Parental Guaranty

Melissa;  Our Lawyer (Tom Seligson) has suggested the included changes.

 <<Alcoa Guarantee - Enron>>

 - Alcoa Guarantee - Enron.doc


We have received an executed Master Agreement:

Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:   October 27, 2000

Enron Entity:   Enron North America Corp.

Counterparty:   Midcoast Marketing, Inc.

Transactions Covered:  Approved for all products with the exception of:
Foreign Exchange
          Pulp & Paper

Confirming Entity:  Enron North America Corp.

Governing Law:   New York

Copies will be distributed.

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com


Don't know whether you got this or not.

Robert E. Bruce
Senior Counsel
Enron North America Corp.
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com
----- Forwarded by Robert Bruce/NA/Enron on 09/06/2000 01:47 PM -----

	Laura Mireles
	09/06/2000 10:57 AM

		 To: Gary Hickerson/HOU/ECT@ECT, Darren Maloney/Corp/Enron@ENRON, Ted
Noble/HOU/ECT@ECT, Mauricio Mora/NA/Enron@Enron, Lisa Yoho/HOU/EES@EES,
Rommel Aganon/Corp/Enron@Enron, Robert Bruce/NA/Enron@Enron, Elsa
Piekielniak/Corp/Enron@Enron
		 cc:
		 Subject: September 7-8 Meeting w/Sparks

The schedual for the meeting above is as follows:

September 7  September 8
EB 3083  EB 3083
9am -12pm  9am - 4pm
Break for Lunch   Lunch will be provided.
1:30pm - 5pm

If you have any questions or conflict of schedual please contact  me as soon
as possible via email or call me at 3-1725.

Thank you,
Laura MIreles
Ext.: 3-1725


Actually, he's from Enron (thus the question).  I saw some of that in the
paper.  Unbelievable (agreed).

-----Original Message-----
From: Parks, Joe [mailto:Joe.Parks@enron.com]
Sent: Tuesday, February 05, 2002 8:34 AM
To: Fenner, Chet
Subject: RE: Applicant

ISNT ANDERSON YOUR AUDITOR? IS THAT A CONFLICT?

YOU SHOULD READ SOME OF THE POWERS REPORT. UNBELIEVEABLE!

-----Original Message-----
From: Fenner, Chet [mailto:Chet_Fenner@bmc.com]
Sent: Tuesday, February 05, 2002 8:33 AM
To: Parks, Joe
Subject: RE: Applicant

My buddy up here knew a guy he had listed as a reference from Andersen, so
we got the inside scoop.

Any prospects out there?

-----Original Message-----
From: Parks, Joe [mailto:Joe.Parks@enron.com]
Sent: Tuesday, February 05, 2002 8:16 AM
To: Fenner, Chet
Subject: RE: Applicant

dont know who that is. i can find out if you want me too. I know a few
people in RAC. things arround here still suck. i am doing a little stock
trading and trying to find a job. basically doing the bare minimum to keep
the paycheck

-----Original Message-----
From: Fenner, Chet [mailto:Chet_Fenner@bmc.com]
Sent: Monday, February 04, 2002 5:30 PM
To: Parks, Joe; 'jparks1@houston.rr.com'
Subject: Applicant

Do you know of a Chris Gray?  Probably a long-shot, but he worked at Enron
in the Risk Assessment and Control group.

What's up w/ you?  What's the latest?

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


Shalesh,

A good idea.  I shall forward it to the AG traders.

Vince

From: Shalesh Ganjoo@ENRON COMMUNICATIONS on 05/01/2001 10:12 AM
To: Nelson Neale/NA/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Trading Ag Prods.

Nelson,

I know you are focusing on agricultural products for trading, so I just
wanted to know if we are looking at Wool.  I know that it's traded in
Australia and New Zealand, so we might be able to look into it as well.
Please let me know.  Thank you.

Shalesh Ganjoo


I think this may be yours.  If not, please let me know.
---------------------- Forwarded by Debra Perlingiere/HOU/ECT on 04/12/2000
02:30 PM ---------------------------

From:  Stacey Richardson
       04/12/2000 02:07 PM

To: Debra Perlingiere/HOU/ECT@ECT
cc: Cyndie Balfour-Flanagan/Corp/Enron@ENRON, Tricia Truong/HOU/ECT@ECT,
Linda S Bryan/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT
Subject: Hall Energy Company/Willis Enterprises Corp.

Debra,

Per the info below, can you please review the information and see if you can
find any information as to why we can't use the Committed Reserves contract
mentioned.  I'd also like to terminate the two GTC contracts listed as
well.   Client Services needs to clear up this issue very soon and I'd like
Legal to sign off on the terminations.

Please don't hesistate to call me at x30569 or Cyndie Balfour-Flanagan at
x31443 if you have any questions or need further information.   Thanks!

---------------------- Forwarded by Stacey Richardson/HOU/ECT on 04/12/2000
02:00 PM ---------------------------

From:  Stacey Richardson
       04/12/2000 02:02 PM

To: Tricia Truong/HOU/ECT@ECT
cc: Cyndie Balfour-Flanagan/Corp/Enron@ENRON, Connie Sutton/HOU/ECT@ECT,
Linda S Bryan/HOU/ECT@ECT
Subject: Hall Energy Company/Willis Enterprises Corp.

Tricia,

I've uncovered some troubling information regarding the issue with Hall
Energy Company and Willis Enterprises Corp. based on the info you sent me.
Apparently, at one time, Enron was assigned a Committed Reserves contract
with Hall Energy Company (Global #96003960) originally signed 05/07/84,
effective with first production 10/04/84, that is still effective.  Two deals
were entered in Sitara under this contract, covering 02/98 and 04/98
production.  From 05/98 production on, deals were tied to a GTC Purchase Spot
contract (Global #96014936).

I'm not sure why the GTC was set up when we had a purchase contract already
in place; it appears that this GTC covers the same well (Stewart #1) that the
Committed Reserves contract covers.  Not only that, but a point was set up
under the GTC (we don't set up points under GTCs, only under Committed
Reserves).  It was the same point under the Committed Reserves contract.
Also, later deals entered in Sitara even include this exact meter used for
the GTC.

You also included documentation from Hall authorizing payments to Willis.
I've reviewed all contract and correspondence files for this contract and can
find absolutely NO documentation showing that Willis in an interest owner in
this well.  Do you have any division orders or other assignments showing that
Willis has an interest in the Stewart #1?  If that's the case, I can add
Willis as a seller under the Committed Reserves and we can have all deals
moved to the original contract.  However, Willis still will not receive a
separate payment.  Enron will only issue payment to the counterparty on the
contract (the operator) so Willis will have to receive payment from Hall.

A GTC Purchase Spot contract (Global #96007659) was also set up for Willis
Enterprises Corp.  That could technically have been for separate purchases,
but more recent deals in Sitara show that these purchases were from the same
meter point for the Stewart #1 that the GTC for Hall used.  I can find no
documentation on either of the Hall or Willis GTCs to reflect that these were
set up to handle different wells than the one in question.  Without any other
paper, it is my guess that both the Hall GTC (96014936) and the Willis GTC
(96007659) were set up in error.  The people responsible for setting up the
contracts are no longer around and would probably not remember anything if
they were.  I would like to run this by Legal, but my inclination is to
cancel both GTCs and settle under the Committed Reserves contract set up
originally for Hall.  I will forward this information to Legal to see how to
proceed.

I know all this is confusing, but please let me know if you have any
additional documentation from Willis or if you have any questions.  I will
turn this matter over to Cyndie Balfour-Flanagan (who handles the "H"
counterparties) and she will let you know the outcome.  Of course, you can
always call me with questions, but this is really her domain since the
contract in question is with Hall.

Thanks,
Stacey  x30569


---------------------- Forwarded by Dick Jenkins/HOU/ECT on 02/05/2001 04:18
PM ---------------------------

John Craig Taylor
02/05/2001 10:41 AM
To: Jared Kaiser/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Dan
Junek/HOU/ECT@ECT, john.griffith@enron.com, Charles H Otto/HOU/ECT@ECT, Ross
Prevatt/HOU/ECT@ECT, Scott Goodell/Corp/Enron@ENRON, Larry
May/Corp/Enron@Enron
cc:
Subject: People Clinton didn't have to Pardon

> > Subject: People Clinton didn't have to Pardon
>  > >
>  > >
>  > >
>  > >  Just a few people Clinton didn't have to Pardon.
>  > > James McDougal - Clinton's convicted Whitewater partner died of an
>  > > apparent heart attack, while in solitary confinement.  He was a key
>  > witness
>  > > in Ken Starr's investigation.
>  > >
>  > > Mary Mahoney - A former White House intern was murdered July 1997 at
a
>  > > Starbucks Coffee Shop in Georgetown. The murder happened just after
she
>  > > was to go public with her story of sexual harassment in the White
House.
>  > >
>  > > Vince Foster - Former white House councilor, and colleague of Hillary
>  > > Clinton at Little Rock's Rose Law firm. Died of a gunshot wound to
the
>  > > head, ruled a suicide.
>  > >
>  > > Ron Brown - Secretary of Commerce and former DNC Chairman. Reported
to
>  > > have died by impact in a plane crash. A pathologist close to the
>  > > investigation
>  > > reported that there was a hole in the top of Brown's skull resembling
a
>  > > gunshot wound. At the time of his death Brown was being investigated,
>  and
>  > > spoke publicly of his willingness to cut a deal with prosecutors.
>  > >
>  > > C. Victor Raiser II - & - Montgomery Raiser, Major players in the
>  Clinton
>  > > fund raising organization died in a private plane crash in July 1992.
>  > >
>  > > Paul Tulley - Democratic National Committee Political Director found
>  dead
>  > > in a hotel room in Little Rock, September 1992.  Described by Clinton
as
>  a
>  > > "Dear friend and trusted advisor".
>  > >
>  > > Ed Willey - Clinton fund raiser, found dead November 1993 deep in the
>  > > woods in VA of a gunshot wound to the head. Ruled a suicide. Ed
Willey
>  > died
>  > > on
>  > > the same day his wife Kathleen Willey claimed Bill Clinton groped her
in
>  > the
>  > > oval office in the White House.  Ed Willey was involved in several
>  Clinton
>  > > fund raising events.
>  > >
>  > > Jerry Parks - Head of Clinton's gubernatorial security team in Little
>  > > Rock. Gunned down in his car at a deserted intersection outside
Little
>  > Rock.
>  > > Park's son said his father was building a dossier on Clinton. He
>  allegedly
>  > > threatened to reveal this information. After he died the files were
>  > > mysteriously removed from his house.
>  > >
>  > > James Bunch - Died from a gunshot suicide. It was reported that he
had a
>  > > "Black Book" of people which contained names of influential people
who
>  > > visited prostitutes in Texas and Arkansas.
>  > >
>  > > James Wilson - Was found dead in May 1993 from an apparent hanging
>  > > suicide.  He was reported to have ties to Whitewater.
>  > >
>  > > Kathy Ferguson, ex-wife of Arkansas Trooper Danny Ferguson, was found
>  dead
>  > > in May 1994, in her living room with a gunshot to her head.  It was
>  ruled
>  > a
>  > > suicide even though there were several packed suitcases, as if she
were
>  > > going somewhere. Danny Ferguson was a co-defendant along with Bill
>  Clinton
>  > > in the Paula Jones lawsuit. Kathy Ferguson was a possible
corroborating
>  > > witness for Paula Jones.
>  > >
>  > > Bill Shelton - Arkansas State Trooper and fiancee of Kathy Ferguson.
>  > > Critical of the suicide ruling of his fiancee, he was found dead in
>  > > June, 1994 of a gunshot wound also ruled a suicide at the grave site
of
>  > his
>  > > fiancee.
>  > >
>  > > Gandy Baugh - Attorney for Clinton's friend Dan Lassater, died by
>  jumping
>  > > out a window of a tall building January, 1994. His client was a
>  convicted
>  > > drug distributor.
>  > >
>  > > Florence Martin - Accountant & sub-contractor for the CIA, was
related
>  to
>  > > the Barry Seal Mena Airport drug smuggling case. He died of three
>  gunshot
>  > > wounds.
>  > >
>  > > Suzanne Coleman - Reportedly had an affair with Clinton when he was
>  > > Arkansas Attorney General.  Died of a gunshot wound to the back of
the
>  > head,
>  > > ruled a
>  > > suicide. Was pregnant at the time of her death.
>  > >
>  > > Paula Grober - Clinton's speech interpreter for the deaf from 1978
until
>  > > her death December 9, 1992.  She died in a one car accident.
>  > >
>  > > Danny Casolaro - Investigative reporter.  Investigating Mena Airport
and
>  > > Arkansas Development Finance Authority.  He slit his wrists,
apparently,
>  > in
>  > > the middle of his investigation.
>  > >
>  > > Paul Wilcher - Attorney investigating corruption at Mena Airport with
>  > > Casolaro and the 1980 "October Surprise" was found dead on a toilet
June
>  > > 22, 1993 in his Washington DC apartment.  Had delivered a report to
>  Janet
>  > > Reno 3 weeks before his death.
>  > >
>  > > Jon Parnell Walker - Whitewater investigator for Resolution
TrustCorp.
>  > > Jumped to his death from his Arlington, Virginia apartment balcony
>  > > August15, 1993.  He was investigating the Morgan Guarantee scandal.
>  > >
>  > > Barbara Wise - Commerce Department staffer. Worked closely with Ron
>  Brown
>  > > and John Huang. Cause of death unknown.  Died November 29, 1996.  Her
>  > > bruised, nude body was found locked in her office at the Department
of
>  >
>  > > Commerce.
>  > >
>  > > Charles Meissner - Assistant Secretary of Commerce who gave John
Huang
>  > > special security clearance, died shortly thereafter in a small plane
>  > crash.
>  > >
>  > > Dr. Stanley Heard - Chairman of the National Chiropractic Health Care
>  > > Advisory Committee died with his attorney Steve Dickson in a small
plane
>  > > crash.  Dr. Heard, in addition to serving on Clinton's advisory
council
>  > > personally treated Clinton's mother, stepfather and brother.
>  > >
>  > > Barry Seal - Drug running pilot out of Mena Arkansas, death was no
>  > > accident.
>  > >
>  > > Johnny Lawhorn Jr. - Mechanic, found a check made out to Bill Clinton
in
>  > > the trunk of a car left at his repair shop. He was found dead after
his
>  > car
>  > > had hit a utility pole.
>  > >
>  > > Stanley Huggins - Investigated Madison Guarantee. His death was a
>  > > purported suicide and his report was never released.
>  > >
>  > > Hershell Friday - Attorney and Clinton fund raiser died March 1, 1994
>  when
>  > > his plane exploded.
>  > >
>  > > Kevin Ives & Don Henry - Known as "The boys on the track" case.
Reports
>  > > say the boys may have stumbled upon the Mena Arkansas airport drug
>  > > operation.
>  > >  A controversial case, the initial report of death said, due to
falling
>  > > asleep
>  > > on railroad tracks. Later reports claim the 2 boys had been slain
before
>  > > being placed on the tracks.  Many linked to the case died before
their
>  > > testimony could come before a Grand Jury.
>  > >
>  > > THE FOLLOWING PERSONS HAD INFORMATION ON THE IVES/HENRY CASE:
>  > > Keith Coney - Died when his motorcycle slammed into the back of a
truck,
>  > > 7/88.
>  > > Keith McMaskle - Died stabbed 113 times, Nov, 1988
>  > > Gregory Collins - Died from a gunshot wound January 1989.
>  > > Jeff Rhodes - He was shot, mutilated and found burned in a trash dump
in
>  > > April 1989.
>  > > James Milan - Found decapitated.  However, the Coroner ruled his
death
>  was
>  > > due to "natural causes".
>  > > Jordan Kettleson - Was found shot to death in the front seat of his
>  pickup
>  > > truck in June 1990.
>  > > Richard Winters - A suspect in the Ives / Henry deaths.  He was
killed
>  in
>  > a
>  > > set-up robbery July 1989.
>  > >
>  > > THE FOLLOWING CLINTON BODYGUARDS ARE DEAD:
>  > > Major William S. Barkley Jr.
>  > > Captain Scott J. Reynolds
>  > > Sgt. Brian Hanley
>  > > Sgt. Tim Sabel
>  > > Major General William Robertson
>  > > Col. William Densberger
>  > > Col. Robert Kelly
>  > > Spec. Gary Rhodes
>  > > Steve Willis
>  > > Robert Williams
>  > > Conway LeBleu
>  > > Todd McKeehan
>  > >
>  > > Quite an impressive list! Pass this on. Let the public become aware
of
>  > > what happens to friends of the Clinton's!
>  > ============================ >>


Jeff and Deb,

Please use the attached form of Adoption agreement when dealing with Gas Masters; it adds a missing "of" in Section 4 and it Triangularizes the Set Off provision, which we think will ultimately be a positive feature in "selling" the form to a counterparty. . . especially a counterparty who already has a power and/or financial master in place with ENA/EPMI.  Please let me know if you have any questions regarding the attached.

Steve

Steve Van Hooser
Enron North America Corp.
713-853-7238
713-646-3490 (fax)


Jones Graduate School Research Seminar Series in Finance
Sponsored by Enron Capital and Trade Resources

Paolo Fulghieri
INSEAD

will give a seminar at the Jones School on Monday, January 31,

                 "Information Production, Dilution Costs, and Optimal
Security Design"

The seminar will begin at 4:00 in Room 115.

Please e-mail me if you would like an advance copy of the paper.

Stay tuned for an update of the Spring Seminar Series schedule.

bbo


Christi - Cara has E-mailed a number of questions to Linda and Kelley.  If
she doesn't hear from them by tomorrow morning, can Cara and I have a
conference call with you at 11:00 a.m. Pacific time so you can birddog people
and get some answers?  In the meantime, if Cara E-mailed you the questions,
would you answer any you know the answers to. Thanks.
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/25/2001 01:59 PM
---------------------------

Cara Semperger
01/25/2001 01:33 PM
To: Mary Hain/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT, Linda L Lawrence/NA/Enron@Enron, Kelley
Huntley/HOU/ECT@ECT, Valarie Sabo/PDX/ECT@ECT
Subject: Re: FERC and DOE 4th Quarter Reports

I have gotten these documents from Tim, Val, and now you.  I have tried to
get in touch with Linda Lawrence and Kelly Hutley, no answer from either of
them.  I don't understand what I am looking at, and am not even really sure
what I am supposed to do with it, aside from giving it my blessing.

Until I get a response, I can't give my 'blessing'

C

Mary Hain
01/25/2001 01:08 PM
To: Cara Semperger
cc:
Subject: FERC and DOE 4th Quarter Reports

Did Tim already send you these documents for your review?  If he did, have
you been working with the Houston group on them or do you want to tell me
about any problems?
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/25/2001 01:17 PM
---------------------------

Linda L Lawrence@ENRON
01/23/2001 03:17 PM
Sent by: Linda L Lawrence@ENRON
To: Mary Hain/HOU/ECT@ECT, Christi L Nicolay/HOU/ECT@ECT
cc:
Subject: FERC and DOE 4th Quarter Reports

For your review  are EPMI's fourth quarter reports for Canada and Mexico.

----- Forwarded by Linda L Lawrence/NA/Enron on 01/23/2001 05:14 PM -----

	Joy Werner
	01/23/2001 03:43 PM

		 To: Linda L Lawrence/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT
		 cc: Thresa A Allen/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Kelley
Huntley/HOU/ECT@ECT
		 Subject: FERC and DOE 4th Quarter Reports

There was no Mexico activity for the Fourth Quarter of 2000.
Please let me know if you all have any questions or comments regarding any of
the reports.
Thank you
Joy


[IMAGE]

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---------------------- Forwarded by Don Miller/HOU/ECT on 10/28/2000 02:27 PM
---------------------------

"Daigh, John" <JDaigh@utilicorp.com> on 10/27/2000 04:04:11 PM
To: "'Don.Miller@enron.com'" <Don.Miller@enron.com>
cc:
Subject: RE: Wheatland

Don, I don't recall if I asked this before so please forgive me if I
have....

Does the warranty cover the DCS System?

>


My dear Rajan,

     Sat Sri Akal. We are pleased to send you our best wishes for Diwali. May
God brings shining lights for you and Your fiancee in this new year and  show
you ever shining  paths in the year which is beginnning to-day . May Almighty
bestows on you very long ,happy and very cheerful life which is full of  new
excitments and fulfil your  desires and you achieve aims of your life. Our
blessings to you for the high ideals you have always cherished.

          Please keep us informed about the latest developments if any.

       With lot of love from us.
Yours ever,

JAGJIT SINGH & GIAN KAUR


Attached is the handout for the compliance program.  Let me know if you need
anything additional.

Regards,

Cathy

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

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

 - Enron Compliance Program Guidelines.doc


---------------------- Forwarded by John Arnold/HOU/ECT on 03/23/2001 12:32
PM ---------------------------

"Zerilli, Frank" <fzerilli@POWERMERCHANTS.COM> on 03/23/2001 08:10:05 AM
To: "'jarnold@enron.com'" <jarnold@enron.com>
cc:
Subject: Here is the Article---no picture though...

Warming Up To Green

BY ERIC ROSTON

Breathe in. Hold it. Hold it. O.K., now breathe out.

Unless you're outdoors in the midst of a cold snap, chances are you
can't see
your breath. And no one would ever ask you to drop a quarter in a tin
box for the
right to free this invisible spirit from your lungs. Yet last November,
Murphy Oil
Corp., based in El Dorado, Ark., voluntarily shelled out several hundred
thousand dollars for the right to cough out carbon dioxide, the same
stuff you
exhaled three sentences ago.

The reason it did so is closely related to events that occurred that
same autumn
day, half a world away, at the Hague. Thousands of policymakers and
scientists
from all over the world had gathered, hoping to dot the i's, cross the
zeds and
umlaut the o's on the 1997 Kyoto Protocol to the U.N. Framework
Convention on
Climate Change. The protocol was devised to curb the industrial emission
of six
gases, CO2 among them, that are slowly--actually quickly in geological
terms--turning the earth into a hothouse. But no final accord was
reached.

In this context, Murphy's purchase of options on 210,000 metric tons of
carbon
(the equivalent of annual exhaust from approximately 27,800 cars) from a
Canadian company that was itself trying to help meet a national target
seems a
bit odd. The market for this kind of trade hasn't been established, and
there isn't
even a global agreement on how carbon dioxide should be valued. Indeed
there
isn't even unanimity on global warming itself.

Yet the transaction is emblematic of industry on the verge of an
environmental
transition. Congress may have snubbed the Kyoto accord, and global
bureaucrats may be stumbling over the details of a carbon-emissions
trading
system. But corporations, against the run of play, are beginning to
confront the
climate conundrum the best way they know how--as a business opportunity.
John Browne, CEO of BP Amoco, and Mark Moody-Stuart, chairman of Royal
Dutch/Shell Group, have both responded to the global-warming threat and
set up
internal systems that exceed goals put forth in Kyoto. Shell and BP have
vowed
to cut their greenhouse-gas emissions 10% each--nearly twice the Kyoto
target--Shell by 2002, BP by 2010. "This isn't an act of altruism," says
Aidan
Murphy of Shell. "It's a fundamental strategic issue for our business."

And not theirs alone. A growing number of corporations, from IBM to your
neighborhood Kinko's, are reducing their greenhouse footprints. DuPont
is
pledging to knock its emissions 65% below 1990 levels by 2010. "There's
been a
shift in the center of gravity in the U.S. corporate community since
Kyoto," says
Alden Meyer of the Union of Concerned Scientists. "Now the view is that
climate
change is serious and we ought to do something about it."

There are a few ways of doing that: invest in renewable energy sources
and "cap
and trade" emissions. That is, set ceilings for worldwide greenhouse-gas
emission
and let nations either sell emission credits if they emit below their
allowance or
buy credits if they exceed permitted levels. The theory is that the
pursuit of
greenbacks will fuel greener business. "Whenever you turn a pollution
cut into a
financial asset," says Joseph Goffman, an attorney at Environmental
Defense,
"people go out and make lots of pollution cuts."

Even where green fervor is of a paler shade, corporations are viewing
the
potential for global regulation as a business risk they need to
consider. Witness
Claiborne Deming, Murphy's CEO, who doesn't see the science of global
warming
as solid enough yet to cry havoc. But Deming hears shareholders
clamoring and
the bureaucrats buzzing. Someone may ask his company to put more than a
quarter in that box when it wants to exhale more than its allotted
amount of CO2.

Breathe in. Hold it. You know the drill.

How much CO2 did you just exhale? Tricky question. Yet that's analogous
to the
one businesses are struggling with on a massive scale. Until they figure
it out,
companies interested in trading will be on their own to determine 1) how
you
buy the right to emit a gas that has no standard of measurement and 2)
how to do
so when no nation currently assigns a CO2 property right. "It's risky as
hell," says
Deming.

Many groups are working to mitigate that risk. The World Resources
Institute
and others are road-testing a system that would make trading less risky
by
creating universal carbon-accounting practices. And four
companies--Arthur
Andersen, Credit Lyonnais, Natsource and Swiss Re--are developing an
exchange
where companies can trade, even in an embryonic market devoid of
legislative
standards. "They're trying to nail down something that will be useful
under laws
that are not yet defined," says Garth Edward, a broker at Natsource, an
energy-trading firm.

The U.S. struggled to introduce a cap-and-trade system into the Kyoto
Protocol,
and achieved it by agreeing to a tough, many say impossible, target:
bringing
emissions 7% below 1990 levels from 2008 to 2012. The irony of the
current
situation is that the Europeans, reluctant to accept trading at first,
have become
its champion; Britain next month will become the first country to embark
on a
national trading system.

Another practice, still hotly debated, is to assign credits for
sequestering carbon
in growing forests. Trees soak up limited amounts of CO2, release oxygen
into the
air and turn carbon into wood.

The Kyoto mechanisms will evaporate without global ratification, thus
setting up
an early environmental test for President Bush, who campaigned against
the
document. But Secretary of State Colin Powell has already heard
preliminary
briefings on the matter as the U.S. preps for the next round of talks,
to be held in
Bonn in mid-July. Bush the First helped pioneer credit trading in 1990,
when he
signed legislation that capped power plants' sulfur dioxide
emissions--the main
ingredient in acid rain--but allowed the plants to swap credits. And
Houston-based Enron, an energy trader whose chairman, Ken Lay, was a
prominent W. campaign adviser, stands to be a huge player in any such
market.
So if it's good for business, Bush the ex-businessman won't need that
big a push.

With him or without him, the monetization of carbon emissions--green for
greed's sake, if nothing else--is gaining momentum. So breathe easy. For
you, it's
still free. But for many companies, the carbon meter will be running
soon. In the
very near future, pollution is going to be either a cost to them or an
opportunity.


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This mail was sent to you because you purchased air travel to San Francisco
on Expedia.com.This email was sent to:  peter.f.keavey@enron.com


At your request, attached is the bilateral Confidentiality Agreement for the
referenced counterparty.


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 04/16/2001 09:13 AM ---------------------------

"SoRelle, Andrea L" <ASoRelle@h-s.com> on 04/13/2001 11:05:07 AM
To:	"'matthew.lenhart@enron.com'" <matthew.lenhart@enron.com>
cc:

Subject:	FW: granny

i like this one...

>  <<Grannyl.mpg>>
>
>
> ---------------------- Forwarded by Amy Clemons/Corp/Enron on 12/07/2000
> 11:40 AM ---------------------------
>
>
> TinaCannon@aol.com on 12/07/2000 11:20:41 AM
>
> To:   mrbeddin@utmb.edu
> cc:   LydiaSamBen@aol.com, briggsrebecca@hotmail.com,
>       hillarycannon@yahoo.com, scannon@esc6.net, amy.clemons@enron.com,
>       RTCroyle@cs.com, matt@iwayloan.com, misstiny24@hotmail.com,
>       Kate.Delaney@lyondell.com, Nonaniblik@aol.com, Joziggy@hotmail.com,
>       LBell1921@aol.com, ACANNON51136779@aol.com, KHERBahome@aol.com,
>       akristinik@hotmail.com, vlott@flash.net, aggiemomma@juno.com,
>       chickahdee@hotmail.com, picklesnichols@hotmail.com,
>       bmurphy101@yahoo.com, Malaise.Murphy@collegehire.com,
>       Dan_Peters@aimfunds.com, Aly1176@aol.com, rachel.stiver@chi.ddb.com,
>       shannon_stofer@hotmail.com, Eliztekell@aol.com,
>       Alan_Vestergaard@hotmail.com, wheeler_holly@hotmail.com,
>       wendy_wright@dell.com
>
> Subject:  granny
>
>
> please take the time to download this.
> (See attached file: Grannyl.mpg)
>
>

 - Grannyl.mpg


Meeting confirmations:

Friday December 15, at 10am in Mark's ofc EB3319 - Pre: Skilling Mtg,
Attendees: Frevert, Whalley & McMahon.

Friday December 15 at 3:30pm in Skilling's ofc EB5007. - ENW Fund, Attendees:
Skilling, Frevert, Whalley & McMahon.

Regards

Sue


Attached is a draft of the CA for Peoples based on Gregg Penman's information
below.  Gregg says he also wants some language to be included regarding audit
rights.  I did not include this language because I'm not sure how to word it
(and I could not find an example).

By the way, I used another People's CA I got from Ed's directory as an
example because it seemed to fit better than the one I got from you on Friday.

Gregg wanted some pretty specific reference to the confidential data being
supplied to Peoples, and most of the examples I reviewed were more general.
Please let me know what I need to change.

Kathleen

This is the example I used:

---------------------- Forwarded by Kathleen Carnahan/NA/Enron on 11/06/2000
09:02 AM ---------------------------
To: Kathleen Carnahan/NA/Enron@Enron, Kay Young/HOU/ECT@ECT
cc:

Subject: Draft CA for curves

Kathleen,

We have forms for confidentiality agreements.  All CA's are processed through
Kay Young, as she maintains the data base.  Kay, could you point Kathleen to
the repository of the forms so that she can generate the first draft? By the
way, I've assembled the emails I received on changing the form.  I'll be
happy to take a crack at the revisions if you tell me which form to start
with.  I know it will have to be processed through before it becomes standard.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 10/24/2000 08:56
AM ---------------------------
From: Gregg Penman on 10/23/2000 10:28 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Draft CA for curves

Kay - We have previously discussed the idea of a CA to specifically cover the
curves.  We need to put this at the top of the list for this week.  Can you
prepare a CA for the distribution of enovate curves to specific individuals
at Peoples?  I would like it to read as follows:
Basis and Index curves will be provided daily for all points at which enovate
has a position, whether hedged or open, to specific individuals employed in
the risk management area.  (Individuals should be named on a schedule).
Curves are being provided for the express purpose of independent risk
analysis of the enovate portfolio by Peoples Risk Management personnel.

In return, the specific individuals will not forward, copy, or otherwise
distribute the curves to any individual not on the approved schedule.  No
communications, written or verbal, will be made to any person other than the
enovate GM or the Enron designated enovate risk committee member regarding
any aspect of the curves.

I need some language regarding audit rights, but this should get you
started.  Call me to discuss.

Gregg

---------------------- Forwarded by Kathleen Carnahan/NA/Enron on 11/06/2000
09:02 AM ---------------------------
From: Gregg Penman on 11/01/2000 03:13 PM
To: Kathleen Carnahan/NA/Enron@Enron
cc: Kay Mann/Corp/Enron@Enron

Subject: CA for enovate

Kathleen - As we discussed, here is a high level overview of what I am trying
to accomplish.

Purpose: Employees and representatives of Peoples Energy will be provided
information related to the operations of enovate, L.L.C. that is necessary or
appropriate to review the accuracy of data and verify that the operations and
controls set forth in Section VIII of the enovate, L.L.C. Risk Management
Policy are being properly implemented and followed.  Information may include
forward curves such as price, basis, index,volatility and interest rates to
the extent they relate to the operations of enovate, L.L.C.

Restrictions:  All information provided is deemed confidential.  Information
provided may only be used for the purpose mentioned above.  None of the
provided information may be distributed or communicated to any person who is
not subject to the confidentiality agreement.

Call me with any questions you may have.  Thank you for your assistance.

Gregg


Why aren't we using the lower capex number with the lower rates?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

-----Original Message-----
From: Hyatt, Kevin <Kevin.Hyatt@ENRON.com>
To: Howard, Kevin A. <Kevin.Howard@ENRON.com>
Sent: Tue Feb 05 13:31:36 2002
Subject: SD model

Attached is the Sun Devil model using the $911mm Capex and project life of 30 years.  The model is somewhat complex and may require spending some time on the phone with James Centilli, the model's designer.  We will make ourselves available at your convenience.

Regards,
Kevin Hyatt

 <<SD total financials.XLS>>


Will you agree to $.05 on the penalty?

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


PRC Meetings begin on Monday, November 20th.  If you have not already done
so, please go in to PEP at http://pep.corp.enron.com and complete the
requests for feedback on the employees listed below.

If you have any questions, please call the PEP Help Desk at:

Houston:  1-713-853-4777, Option 4
London:  44-207-783-4040, Option 4
E-mail:  perfmgmt@enron.com

Thank you for your participation.

    SCOTT, SUSAN M
    TANG, SHOUAN
    VARGAS, LAURA


Frank and/or Sara:
I am now fully engaged on power deals.  Given the fact that an ISDA has not
yet been sent out, could one of you please handle this?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 05/21/01 05:57 PM -----

	Caroline Abramo@ENRON
	05/21/01 03:33 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Paul Radous/Corp/Enron
		 Subject: AIG

Carol= Paul is OK with raising the cross default amount... can we get out
draft ISDAs to them???? AIG Commodity Arbitrage Ltd. and AIG Commodity Fund
L.P.

Thanks,
Caroline
---------------------- Forwarded by Caroline Abramo/Corp/Enron on 05/21/2001
04:29 PM ---------------------------
   Carol St Clair @ ECT                05/10/2001 09:00 AM

To: Caroline Abramo/Corp/Enron@Enron
cc: Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brent
Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Paul
Radous/Enron@EnronXGate

Subject: AIG

Caroline:
I have received and reviewed their comments.  On the legal front, they are
objecting to the Bermuda law opinion.  We cannot do this without an opinion.
If we need to recommend Bermuda counsel to them we can.  On the credit side,
for AIG Commodity Arbitrage Fund LP they want to increase the cross default
threshold from $1,500,000 to $2,500,000.  Paul, are you okay with this?  I am
okay with their other comments.

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


I should be around all week - let me know what works for you.

	Sami Arap@ENRON
	11/01/2000 09:17 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Re: Colombian deals

Mark;

Thanks for the response.  I just got back from New York this morning and we
are about to go into a catholic long weekend.  Can we talk about this next
Monday ?!  I need to update you about these power marketing deals in Colombia
& Venezuela, as well as Brazil and Argentina, and EOL.

Rgds,

Sami

From: Mark Taylor@ECT on 10/27/2000 04:16 PM CDT
To: Sami Arap/SA/Enron@ENRON
cc:

Subject: Re: Colombian deals

Sami - apologies for not getting back to you - it's been a crazy week or
two.  Can we talk early next week?

	Sami Arap@ENRON
	10/24/2000 12:55 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Brent Hendry/NA/Enron@Enron
		 Subject: Re: Colombian deals

---------------------- Forwarded by Sami Arap/SA/Enron on 10/24/2000 02:56 PM
---------------------------

Sami Arap
10/18/2000 05:43 PM
To: Mark Taylor/HOU/ECT@ECT
cc:

Subject: Re: Colombian deals

Mark;

As per Randy Young's request, I need to discuss the trading deals in Brazil,
Colombia and Venezuela asap.  Please let me know if you will be available
tomorrow or Friday.

Tks,

Sami

---------------------- Forwarded by Sami Arap/SA/Enron on 10/18/2000 05:43 PM
---------------------------

Pedro Fernando Manrique@ENRON_DEVELOPMENT
10/18/2000 11:38 AM
To: Sami Arap/SA/Enron@ENRON
cc: Ignacio Taveras/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Colombian deals

Sami,

Estoy preparando un paquete completo, una vez lo tenga listo te lo envio. Sin
embargo los deals que tenemos son:

Exportaci?n a Cadafe (Venezuela) con un back-to-back con EBSA (Empresa de
Energ?a de Boyaca)
Emcali-Enron-Chivor, intermediaci?n de credito con una opci?n adicional de 10
GWh-mes
Compra a ISAGEN de 15 GWh-mes 50% Take or Pay and 50% Take and Pay.
Alianza con Chivor para el mercado no regulado.

Los m?s urgentes son la Venta a Emcali y la Compra a ISAGEN, sin embargo los
terminos de las ofertas de EBSA para la venta a Cadafe se vencen el 28 de
Octubre y tenemos que definir algo al respecto. En el curso del d?a te
estamos enviado copia de todas las ofertas y documentos preparados. Ayer
estuvimos reunidos con Clara Ines Guarin, socia de Figueroa Sierra Asociados
revisando el contrato borrador de Emcali-Chivor.

Cualquier duda o pregunta por favor no dudes en dejarmelo saber.

Gracias,

PFM

Sami Arap@ENRON
10/17/2000 04:04 PM
To: Pedro Fernando Manrique/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Susana Camacho/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Colombian deals

Pedro;

Me pod,s mandar copia de los e-mails y materiales/documentos con respecto a
las transacciones que Uds estan buscando negociar en Colombia ?!

Gracias y un abrazo,

Sami


no rush, call me when you get a chance


Can you make a note in Lotus Notes reflecting your conversation.  Thanks!


aggiornamento (a-jor-nuh-MEN-toh) noun

   The process of bringing an institution or organization up to date;
   modernization.

[Italian, from aggiornare, to update : a-, to (from Latin ad-) + giorno,
day, from Latin diurnus, daily.]

   "He (Jay Josen) terms journalism a hidebound profession to which he is
   offering an aggiornamento, to engender a `healthier public climate.'"
   E.F. Porter, Rosen's civic journalism counter to good journalism,
   St. Louis Journalism Review, Dec 1999.

This week's theme: words from the Italian language.

.............................................................................
Some painters transform the sun into a yellow spot; others transform a yellow
spot into the sun. -Pablo Picasso (1881-1973)

Have you checked out AWADtalk, the new bulletin board for all things word?
It's your place to share opinions, ask questions, answer queries, or just
sit around and see what others are saying. Join AWADtalk, the online
community for linguaphiles from around the world: http://wordsmith.org/board

Pronunciation:
http://wordsmith.org/words/aggiornamento.wav
http://wordsmith.org/words/aggiornamento.ram


The Wellness Department has scheduled a blood drive on Thursday, March 14, from 10 a.m. to 3 p.m.  An M.D. Anderson Blood Center mobile coach will be parked on Andrews Street in front of Enron Center North to accommodate donors.  Call the the Health Center at ext. 3-6100 or send an email to mailto:health.center@enron.com to schedule an appointment.  If you need additional information, visit http://hrweb.enron.com/wellness/healthService/bloodDrive.asp.


5.605 by 5.615,


DONE
---------------------- Forwarded by Mary Theresa Franklin/HOU/ECT on
04/06/2000 03:49 PM ---------------------------

Chris Germany
04/06/2000 03:24 PM
To: Mary Theresa Franklin/HOU/ECT@ECT, Gloria G Barkowsky/HOU/ECT@ECT, Heidi
Griffith/DUB/EES@EES
cc: James T Javins/DUB/EES@EES, Heidi Griffith/DUB/EES@EES, John M
Singer/Corp/Enron@ENRON
Subject: CNG Appalachian production

Terry, please call Jack Meyers (304-623-8811) at CNG Transmission and have
these meters moved from CES/CEM pools to Enron's pools.  I think all you need
to do is send CNG a letter  requesting;

   "Please move all meters flowing into contract 8G0A61 to contract 8G0011".

If CNG needs meter information, maybe you could send them the statement they
send to Gloria,  I believe CES/CEM has 11 contracts.

Let me know if you have any questions.

thanks

---------------------- Forwarded by Chris Germany/HOU/ECT on 04/06/2000 03:07
PM ---------------------------

Chris Germany
04/05/2000 06:10 PM
To: Mary Theresa Franklin/HOU/ECT@ECT, James T Javins/DUB/EES@EES, John M
Singer/Corp/Enron@ENRON, Heidi Griffith/DUB/EES@EES
cc: Angie Zeman/Corp/Enron@ENRON, Molly LaFuze/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT, Gloria G Barkowsky/HOU/ECT@ECT
Subject: CNG Appalachian production

The CES/CEM CNG Appalachian production is still flowing into the CES/CEM
gathering and transmission contracts.  Unless someone objects I would like to
get this moved over to Enron's pool.  We don't need to have the gathering and
transmission contracts moved over.

Comments/questions?


Danny, I am forwarding you this summary of two conversations last week in Calgary.  Also I believe Eric had a similar talk with Dennis in Houston.   I want to emphasize that in sending this message out I was simply acting as meeting secretary regarding what was said last week.  It is clear to me that Stan wants to call these shots.  Bob.

 -----Original Message-----
From: 	Hill, Robert
Sent:	Friday, December 07, 2001 4:32 PM
To:	'paul_macgregor@transcanada.com'; 'byron.wright@elpaso.com'; 'donna_friesen@transcanada.com'; Place, Janet
Cc:	Cordes, Bill
Subject:	B to C Joint Venture

This is my effort to write up the concepts that were discussed last Tuesday night by Paul MacGregor, Hank Petranik, Bill Cordes and myself. While possibly incomplete, the thoughts also include items from a brief discussion with Byron Wright and Donna Friesen.  If El Paso and Trans Canada wish to pursue these ideas further,  they should take them up directly with Stan Horton as Stan indicated recently that he wants to make the decisions related to Enron's position in the JV.  I would also ask Janet Place and Donna Friesen to review these thoughts and to offer their comments.  Bob Hill.

B to C Joint Venture Term Sheet with Northern Plains Natural Gas (an Enron subsidiary)

TransCanada, El Paso and Northern Plains Natural Gas Co. will jointly sponsor a Monchy to Chicago gas pipeline intended to transport Alaskan natural gas volumes to midwestern markets  (the "JV").

Terms of Participation for Northern Plains:

During the period of project development, prior to construction of Project Facilities, NPNG will not be required to contribute capital to the JV project.  All JV capital requirements will be met during this period by El Paso and TransCanada.

NPNG employees will perform various project development services as requested by the JV.  The JV will reimburse NPNG for all out of pocket costs incurred by NPNG on behalf of the JV.

NPNG shall have an opportunity to become an equity owner of the JV's B to C pipeline in a percentage not less than that to be owned by El Paso.   NPNG's investment opportunity will extend until the time that mainline construction of the B to C pipeline commences.           ( Would the closing date of the JV's debt funding be a better date to terminate the investment option by NPNG ?)

The price for NPNG's ownership investment would recognize the actual capital previously invested by the other owners, the time value of such invested capital from the time of investment to the date of NPNG's investment.

Included in the NPNG arrangement would be a clause providing that if there was a change of control of NPNG to a party other than TransCanada or El Paso, then Trans Canada and El Paso would have a right to terminate NPNG's investment option, or, if applicable, to repurchase NPNG's ownership position.

To the extent that the JV elects to utilize the Conditional ANGTS Certificate issued by the FERC to Northern Border Pipeline Company in the JV's FERC application, then the JV will pay to Northern Border Pipeline Company  compensation for the value, if any, of such  conditional certificate.


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 05/01/2000
02:09 PM ---------------------------

	From:  Larry Joe Hunter                           05/01/2000 01:06 PM

To: Judy Hernandez/HOU/ECT@ECT
cc:
Subject: Re: Request for Deals

Judy,

If you could reply to Melanie as follows:  Only deals NB0744.1 and ND6740.1
are Executed. All of the other deals are waiting on Signed copy back from
Counterparty.  Deal NE1941.1 has not been approved by the Canada office to be
sent to the Counterparty as of yet.

Thanks,
Joe

---------------------- Forwarded by Larry Joe Hunter/HOU/ECT on 05/01/2000
01:03 PM ---------------------------
Sent by: Andrea R Guillen
To: Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: Re: Request for Deals

only deals NB0744.1,ND6740.1 are executed
  the rest are either expired or sent to counterparty
  deal NE1941.1 is in generated status

	From:  Larry Joe Hunter                           05/01/2000 08:39 AM

To: Andrea R Guillen/HOU/ECT@ECT
cc:
Subject: Request for Deals

Angie,

Can you look into the below request from Canada.  Are all of these deals in
Executed status?

Thanks,
Joe

---------------------- Forwarded by Larry Joe Hunter/HOU/ECT on 05/01/2000
08:38 AM ---------------------------

Judy Hernandez on 04/28/2000 05:05:04 PM
To: Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: Request for Deals

---------------------- Forwarded by Judy Hernandez/HOU/ECT on 04/28/2000
05:02 PM ---------------------------

Melanie Strong
04/27/2000 03:30 PM
To: Judy Hernandez/HOU/ECT@ECT
cc: Melinda Whalen/CAL/ECT@ECT, Peggy Hedstrom/CAL/ECT@ECT
Subject: Request for Deals

Hello Judy,
 I am looking for an executed copy of the following deals:

Avista Energy Inc - NB0744.1, NE1467.1
Duke - NA9907.1, NB2372.1, NB2763.1, NB2909.1, NB8110.1, NB8110.3, NB9419.1,
NC1132.1, NC2797.1, NC2802.1, NC5772.1, NC5772.3, NC8742.1, NC9101.1,
NC9942.1, NC9955.1, ND1343.1, ND6316.1, ND6740.1, NE1287.1, NE1941.1,
NE2945.1, NE3491.1, NE4882.1

My fax number is (403) 974-6988

Thanks,
 Melanie


Please see the below job description for a position on the Services Desk with primary responsibility for El Pas Electric Day Ahead Schedules.  Cara Semperger will be holding an information session on Monday, August 6th at 11:00am in Mt. Hood.  If you are interested in this position, please let Amy FitzPatrick know by close of business Wednesday, August 8, 2001.

This position will be responsible for the day-to-day management of all preschedules for El Paso Electric. Responsibilities include communicating with EPE's counter parties regarding transactions; monitoring all NERC tags that pertain to EPE's schedules; and completing internal communication and accounting. This position will be working closely with real-time to assure that all of EPE's preschedules are managed effectively and to deal with problems when they occur. Responsibilities may include purchasing transmission, coordinating options, entering daily deals and balancing the deal accounting system. Following up with settlements on behalf of EPE is also part of this position. Additional tasks will include managing other services customers based upon the needs of the Services Desk. This will include tagging, scheduling, deal entry, settlements, and transmission associated with existing and new Services customers.

Computer Proficiency:

Must be skilled with MS Excel.
Must be proficient in OATI tagging, and able to query and understand all tags that impact EPE schedules.
Must be proficient in Enpower, able to enter a variety of deals into the dbase and understand a variety of reports that pertain to scheduling for EPE.
Proficient with transmission OASIS systems.

Communication Skills:
Must effectively communicate with the preschedulers in order to keep them informed of any problems or changes.
Must have a professional phone manner, able to answer questions and deal with crisis situations.
Be able to meet deadlines consistently.

Preferred Experience:
1-2 years prescheduling in the WSCC, Southwest experience essential.


Karen- please print this out and file somewhere. tx rick
---------------------- Forwarded by Rick Buy/HOU/ECT on 01/30/2001 08:09 AM
---------------------------

	From:  Sheila Walton                           01/29/2001 06:30 PM

To: Robert Howes/Enron@EnronXGate, Matthew Ahern/Enron@EnronXGate
cc: Roberto Deleon/Enron@EnronXGate, Rick Buy/HOU/ECT@ECT
Subject: Investigation Research

Rick Buy, the Business Unit Head for the RAC group, and I logged onto his
computer on Friday, January 26, 2001 to review information for an
investigation on one of his employees.  We logged on at 3:01 PM and logged
off at 3:15 PM.  Please make certain that the records reflect this
investigative effort so Mr. Buy's name does not come up in a random search
for accessing inappropriate websites.  If you have any questions, please call
me at Ext 30649. Thank you.

Sheila Walton
HR Director


the couch is just right, i did make the beds to the best of my ability. i did not use wally wally. i did however leave a pot that was wet on the bottom that created a stain i forgot that granite is a porous rock it absorbed the water quite well i hope that it will dry out if not we will do what is necessary to fix it. i am totally serious about the granite

 -----Original Message-----
From: 	"Danna Burkett" <dmburkett@houston.rr.com>@ENRON
Sent:	Monday, November 12, 2001 3:19 PM
To:	Mckay, Brad
Subject:	Re: POC

Do you think the couch looks too big?....did you make the beds good?....did
you use Wally Wally on the walls???....ha!!!
----- Original Message -----
From: <Brad.Mckay@enron.com>
To: <dmburkett@houston.rr.com>
Sent: Monday, November 12, 2001 2:45 PM
Subject: RE: POC

> weekend was good,the place looks good,the boat was fun, we caught trash
> fish on bait.
>
>     -----Original Message-----
>    From:   "Danna Burkett" <dmburkett@houston.rr.com>@ENRON
>    Sent:   Monday, November 12, 2001 2:41 PM
>    To:     Mckay, Brad
>    Subject:  POC
>
>
>    How was your weekend? Did you think the place  looked good? How was the
>    boat?......did you catch any fish? Back  atcha.....
>
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
> **********************************************************************


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
08/06/99 08:55 AM ---------------------------

Carol St Clair
08/06/99 08:44 AM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Re: Restriced Master Agreements

Mark:
The only one that I have done recently is the one for Petrous LLC which does
not contain the trade option exemption rep from them.
Carol


Jim - overnight I realised you need to add our project in Turkey (Fiona
Grant) and Poland (Philip Davies).  I have not given you any one person, as
the regulatory issues seem to be country/environment specific, and instead I
have given you the names of each person with country responsibility.  Indeed,
at year-end we completed a financial transaction (Project Margaux), in which
regulatory risk was reviewed.  A definition of Rugulatory Risk would be
helpful, e.g., in most of these markets, trading arrangements are being
re-written, or developed for the first time, this put existing PPAs under
pressure.  Would energy taxes, carbon taxes/trading, transmission pricing
(both for evacuation of power, and delivery of gas), changes in property
tax/fuel tax regimes, risk of price regulation, all be included?  Do you have
checklist?  We can identify these risks, what is meant by "manage"?  We work
on these types of issues on a daily basis, so I am unclear as to what else is
intended or implied.  thanks  mcs

James D Steffes@EES
08/02/2000 17:24
To: Richard Shapiro/HOU/EES@EES, Mark Schroeder/LON/ECT@ECT
cc: Steven J Kean/HOU/EES@EES

Subject: Assignment of Regulatory Risk Responsibility for Current Assets

Rick & Mark --

One of the first steps in building our Regulatory Risk process is to
establish responsibility for the current assets owned/managed by Enron.
Having a point person that I can contact will help me immensely.

Attached is a listing of the assets that I have been able to pull together --
there may be more that you know about.

Is it possible for us to agree upon the person(s) who will manage the
Regulatory Risk with each of these assets?  Please feel free to call me to
discuss.

I would like to have this assignment process complete within the month.

The same type of effort will be necessary as we review pending transactions.

Thanks.


2:00 pm at my desk then.

Tricia Spence
12/18/2000 12:37 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: New Power

I am ready any time.  No meetings sch today, just scheduling 3 pipes.

T


---------------------- Forwarded by Gillian Johnson/NA/Enron on 10/23/2000
11:28 AM ---------------------------

	Michael Slade @ ECT
	10/23/2000 10:05 AM

To: Gillian Johnson/NA/Enron@ENRON
cc: Denis O'Connell/LON/ECT@ECT

Subject: Re: i2 Technologies

Gillian - fine except Texan law - that would need to go through Houston as we
can't advise on Texan law.
Michael

23/10/2000 15:39
Gillian Johnson@ENRON
Gillian Johnson@ENRON
Gillian Johnson@ENRON
23/10/2000 15:39
23/10/2000 15:39
To: Michael Slade/LON/ECT@ECT
cc:

Subject: Re: i2 Technologies

Can you please review these slight revisions and pass this back to me.

Thanks.

Gillian


Attached is the first draft of our brief in opposition to the motion for
preliminary injunction.  It needs to be filed on Friday.  Please send me any
comments you have and I will forward on to Quinn Emanuel.

Leasa--this should have been faxed to VTS already, but you may want to check
and fax if it has not been.

Carol--please fax to Marty

MDS


The FERC orders will not be out until sometime Thursday but here is a boiled
down version of what we heard from the meeting, the press, and the press
release:

FERC Market Monitoring and Mitigation Plan for California

? Approved 2-1 with Massey dissenting
? Imposes mitigation (caps) in R/T in California only during Stage 1/2/3
beginning _____ (not clear; assume immediately or soon).
o  Applies to all thermal generation with a PGA with ISO (even if not a FERC
jurisdictional entity)
o  All subject generation is paid a single proxy price
o  Proxy price is based upon the marginal unit,s gas price x heat rate +
emission adder.  (Heat rate determining cap will not longer be pegged at
18,000 but will change daily and posted by CAISO)
o  Proxy price is determined on a day-ahead basis   Still not clear what gas
price will be used.
o  Bids above the proxy are allowed but the seller must justify the cost
? Hydroelectric resources--in-state or out-of-state--are exempt.
? CAISO will still acquire resources outside of the proxy price via OOM calls
? Silent on exports and expect CAISO to cut exports unless ordered to do
otherwise. (However, requirement for CAISO to become a part of a &real8 RTO
would imply that it must honor firm schedules.)
? All LSE in R/T markets to submit demand bids and to identify load that can
be curtailed at a specified price
? Contingent on CAISO filing a plan to become part of a region wide RTO by
June 1.  I.e., if CAISO does not make an adequate showing, all mitigation
measures are cancelled.
? Opens an investigation on a subset of transactions.  According to Massey
this band is very narrow.
? The $150 breakpoint and reporting requirements, which were put into effect
with the December order, will end with this order.
? In all hours (not just emergencies) there is increased market monitoring of
outages and bidding behavior
? Although the plan is only for California, it seeks comments on a West-wide
price mitigation plan.
? Also seeks comments on whether CAISO should impose an adder to address
generator unpaid bills.

RTO West:

? RTO West Phase 1 filing (made back in Nov 2000) is accepted.

? TransConnect, a Transco proposed by RTO West's transmission-owning IOUs,
was also accepted.

? Incentive rates allowed if owner separates transmission from the generation.

? Phase 2 filing due December 1.   This filing will require tariffs and
additional details including how RTO West can become part of a larger
West-wide RTO

? Order encourages Canadian utilities to be a part of RTO West


PG&E and SCE Rate Structures.  Let me know if you need anything else.

Kortney


Kate, I think these two deals of Sean were entered twice for Sun and Holidays
0100 to 2400.

Could you check on.

ka


Dear Sara,

Thanks for this help and I hope you are well.  Will make these changes to our form ASAP and get back to you if need be (I am still on my own here unfortunately so things are pretty hectic).  Comments below.

May be better if you look at our current version of Confirm/Annex A - attached.

Jane

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	17 October 2001 07:41
To:	McBride, Jane
Cc:	Musch, Susan; Aronowitz, Alan
Subject:	Enron Japan Corp. crude deal

Jane:
Jane:

I wanted to give you the benefit of some of my thoughts before I considered your Annex A which I would like to compare to the ENA current version.  We are currently considering more revisions so your Annex A will help me to think a bit.

I have attached a redline of the actual confirm (without Annex A).  A couple of thoughts:
(1)	for purposes of creating a "template", I gave a choice for Termination Date
[McBride, Jane]  Looks good
(2)	I collapsed Payment Date/Invoice because I'm concerned that EJC may forget to send a timely invoice so we need to ensure that there is no issue about whether or not a payment is owed
[McBride, Jane]  I will discuss with our CAO - he proposed and likes this language but i see your point
(3)	We need to "fix" the Floating Price language.  I don't know where the reference to "North Sea, West Africa, Mediterranean" comes from.
I didn't see it in Marketwire and London doesn't use it.
[McBride, Jane]  Agree that we need to work on these defns - we back to back crude deals with Singapore and this seems to be what they use there - I don't mind what we use but must be the same as what Singapore put in back to back with us.

Also, the conversion language is vague (i.e., TTM, TTB and TTS are not defined but I suspect they refer to bid/mid/sell?  Are they references on the Bank of Tokyo-Mitsubishi, Ltd. screen?).
[McBride, Jane]  Yes, and it is market practice apparently to use commercial bank rates.

Also, it may be better to create a conversion reference to your Central Bank and not a particular banking institution (you could get caught later dealing with that bank, using the conversion language and then giving the bank an unfair advantage).
[McBride, Jane]
(4)	I didn't see your Schedule 1 guarantee but I assume that it is the normal ENE format.
[McBride, Jane]  Yes and it has been signed and delivered already.
Regarding Annex A, I quickly noticed an issue with the "TIBOR" definition (which uses quite a bit of ISDA language) which can be easily fixed with an appropriate ISDA reference.  Give me another day or so to comment.
[McBride, Jane]  This has been sorted I think now, see attachment.

Let me know if you'd like to talk.  My home number is 713-664-3207 if you'd like to call.

Regards.  Sara

 << File: Enron Japan Corp.R1.doc >>

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

 -----Original Message-----
From: 	McBride, Jane
Sent:	Friday, October 12, 2001 1:20 AM
To:	Shackleton, Sara
Cc:	Aronowitz, Alan; Bekeng, Jan-Erland; Hirl, Joseph; Glover, Sheila; Musch, Susan
Subject:

 << File: Final.doc >> Dear Sara,

I am attaching the long form confirm re a deal which we did yesterday  - small, but our office's first yen based crude transaction!

The yen-USD forex however was done through ENA and needs to be documented.  ENA will also be providing these services to EJ (through our metals desk) moving forward so we need a master agreement in place.

Alan suggested you may be able to assist with a form of document that would work in this situation.  The only requirement from EJ's perspective is that it be effective from yesterday, Oct 11, 2001.

If you need more information about the forex arrangements we have with ENA, Sheila / Jan Erland may be able to assist.

Otherwise, if you were able to get a draft together, I will run it by Susan Musch and Jan-Erland, and get it signed up.

Thanks Sara.

Jane McBride

Ps. I didn't make it to the GM Legal Conference this time but hope it went well and to see you in May.


Yes, 9:35 would be better.  Thanks for asking.

Best,
Jeff

	Diane Dimeff <dimeff@Haas.Berkeley.EDU>
	Sent by: owner-eveningmba@Haas.Berkeley.EDU
	10/24/2000 01:26 PM
	Please respond to Diane Dimeff

		 To: eveningmba@haas.berkeley.edu
		 cc:
		 Subject: BART Shuttle Riders!

DELETE IF NOT A BART SHUTTLE RIDER.

A BART shuttle rider recently suggested that the shuttle leave 5 minutes
earlier (9:35 pm rather than 9:40 pm) to accommodate the BART schedule.
Apparently, the extra five minutes gets students to the station just
shortly after BART leaves, causing students to wait until the next train
20 minutes later.

If you a BART shuttle rider, please provide me some feedback.

Thanks,

Diane