Letter looks good.  Just a few thoughts:

- In addition to the categories of feedback and promise to work on these areas, should we provide a list of specific things that we have done?
- Should we attach the first round of FAQ that matches questions from the meeting?

Instead of referring to the ETS directors - lets put Lynn, Steve and your phone numbers in the letter?

 -----Original Message-----
From: 	Holmes, Bradley
Sent:	Tuesday, September 25, 2001 3:56 PM
To:	Corman, Shelley
Subject:	DRAFT

 << File: winterops_followup.doc >>

Here is a new draft.  Edit at will...

Brad


We are sending them over this morning.  I have already talked to Dave Matney and told him the agreements were coming this morning.  They will review and we will plan to meet next Mon or Tues to iron out any remaining items (such as the operatorship) so we can tender to Pemex.

Stan is OK with them and has agreed that if we need to conceded the operatorship, we can, but he would like an opener in three years to re-bid the operatorship.

-----Original Message-----
From: Harris, Steven
Sent: Monday, March 11, 2002 8:49 PM
To: Watson, Kimberly
Subject: Re: FW: TransPecos

Did we send the new version to K/M yet.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Daily Blessing
http://www.daily-blessings.com/mill.htm

Daddy!!!
http://www.daily-blessings.com/humor57.htm

FORGET PC PHONE. GET REAL LONG DISTANCE AT NO COST bigredwire is the first
and only company to offer REAL long distance at no cost
Switch your long distance to bigredwire and get REAL long distance at zero
cost to you. Up to 100 complimentary minutes everyday when you zap your
online bill. If you don't zap, pay only 5 cents a minute without fees. Switch
now!
find out how at http://www.daily-blessings.com/cjbigredwire.htm

want more coupons the next time you go shopping?  check out this link
http://www.daily-blessings.com/orcoolsavings.htm

Life is a trip...here's how you get there
http://www.daily-blessings.com/trip.htm

<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://inbound.postmastergeneral.com/remove?dailyblessings:10
* Enter your email address (judy.hernandez@enron.com) in the field
provided and click "Unsubscribe". The mailing list ID is "dailyblessings:10".

OR...

* Reply to this message with the word "remove" in the subject line.

This message was sent to address judy.hernandez@enron.com
X-PMG-Recipient: judy.hernandez@enron.com
<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>


We got a complimentary copy of the 2/1/02 issues and I will print out a couple of copies and put them up near the receptionist.

Alan Comnes


here is the info.  let that chick know.
---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 09/19/2000
09:58 AM ---------------------------

"Marcantel MM (Mitch)" <MMMarcantel@equiva.com> on 09/19/2000 07:27:00 AM
To: "'Matthew.Lenhart@enron.com'" <Matthew.Lenhart@enron.com>
cc:

Subject: RE:

Matt,

Softball starts in 2 weeks on Oct. 3rd. I imagine they'll send out an email
with more info later in the week or possibly beginning of next week. It is a
co-ed non-competitive league, but there are some pretty good players out
there.

later,
Mitch

-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
Sent: Monday, September 18, 2000 2:25 PM
To: MMMarcantel@equiva.com
Subject: RE:

are the softball games tues nights?  when do they start? where are they?  i
need to tell that chick.


Eliz -- I need your group to put together a search which captures the
comments of PG&E and Edison officials in trade press, anlyst reports, and
speeches which would be inconsistent with the idea that they can now recover
their shortfall.  In other words, when they were trying to get AB 1890
passed, when they were fighting Proposition 9, when they floated their "rate
reduction bonds" and when they talked to analysts and rating agencies I'm
sure they assumed that they would live under the rate freeze and take the
risk of stranded cost recovery whithin the statutory deadline.

----- Forwarded by Steven J Kean/NA/Enron on 09/27/2000 11:45 AM -----

	"Dick S George" <dsgeorge@firstworld.net>
	09/27/2000 08:04 AM

		 To: "Dick George" <dsgeorge@firstworld.net>
		 cc:
		 Subject: WSJ: PG&E's Huge losses...

CC list suppressed...
September 27, 2000
California Utilities' LossesOn Electricity Pose Risk

By REBECCA SMITH

Staff Reporter of THE WALL STREET JOURNAL

California's two biggest utilities are losing so much
money buying electricity in the state's deregulated
market that they have run up deficits equivalent to half
their net worth in just four months.

If the cost of wholesale power continues to exceed the
price these utilities are allowed to bill their
customers, as currently seems likely, they could become
technically insolvent sometime next year. That would put
pressure on regulators to orchestrate a
multibillion-dollar public bailout, similar to the "too
big to fail'' response that in the past pushed
governments to rescue banks.

Such a scenario is quietly being discussed by bond-rating
concerns that recently reduced their credit outlooks for
Pacific Gas & Electric Co., a unit of San Francisco-based
PG&E Corp., and Southern California Edison, a unit of
Edison International of Rosemead, Calif. Bond- rating
concerns say they aren't sure how much additional debt
can be borne by the two affected utilities before they
will have difficulty paying their bills.

Probe of California Power Prices Begins, but New Plants
Aren't Seen as Solution (Sept. 11)

Los Angeles Utility Is Benefitting, Surprisingly, From
Deregulation (Sept. 6)

California Lawmakers Vote to Limit Electricity Costs
(Sept. 1)
"If this is just a seasonal aberration, the utilities can
get through it," says Lori Woodland, analyst for Fitch
IBCA. "If it goes on for six or nine months, it's a very
serious situation." Adds A.J. Sabatelle, senior credit
officer at Moody's Investors Service Inc.: "At some
point, you have a financial crisis."

The utilities say they are having no difficulty meeting
expenses and don't envision problems in servicing their
debts. But they are vigorously lobbying state and federal
regulators to change the rules of the game, hoping
somehow to raise rates to make up for the shortfall. The
California utilities' experience may be a harbinger of
what could happen in other states where wholesale power
prices have surpassed the amount that utilities are
allowed to charge their ratepayers.

For now, utilities are making ends meet by going to the
financial markets to borrow money. PG&E, a giant utility
that serves one out of every 20 Americans, is seeking
approval to increase its debt capacity by $1.4 billion.
It is borrowing $200 million, while Edison is tapping
$250 million from the commercial paper market. "This is
going to be a long, tough road," says Jim Scilacci, chief
financial officer for Southern California Edison.

Today's situation represents a complete turnabout from
what was expected when California deregulated its energy
market on March 31, 1998, which opened electricity
pricing to competition. California tried to give its
utilities a competitive edge nationally by deregulating
faster than other states and by creating a mechanism to
allow investor-owned utilities, such as PG&E and Edison,
to quickly pay down debts incurred to serve customers
under the old regulatory system.

To do this, the state legislature set retail rates at
high levels, which, at first, generated fat surpluses for
the utilities. As the money piled up, utilities used it
to pay down debts for generation facilities that were
otherwise unprofitable in the new deregulated world. By
the end of this June, PG&E and Edison together had
collected more than $12 billion and were on track to
finish paying down debts well ahead of the March 31,
2002, deadline set by the legislature. At that point,
rate freezes were to end and retail prices were to
fluctuate with the market.

But all that went out the window in June, when wholesale
power prices surged, topping the rates the utilities were
allowed to charge retail customers. Average prices at
state-sanctioned energy markets were four to five times
the prices of a year earlier, and three to four times the
level utilities could charge customers.

The accumulated shortfall has been so enormous at PG&E,
that analysts expect its deficit to exceed $3 billion by
Oct. 31, more than half its shareholder equity of $5.7
billion, which is defined as assets minus liabilities.
Southern California Edison finished August with a deficit
of $2 billion, equivalent to almost two-thirds its net
worth of $3.2 billion. The utilities, though they have
been accumulating deficits, aren't required to report
these as losses on their earnings statements.

That leaves utilities in a bind. They want to end the
rate freeze to be able to pass on the real cost of
electricity to consumers. But should the freeze end
before the statutory deadline of 2002, they get
clobbered. That is because they will immediately have to
book a loss on their power-purchase deficits. What's
more, they can't use the proceeds from planned
power-plant sales to cover those losses; instead, should
the freeze end, they will be obliged to refund some of
the proceeds to ratepayers. In PG&E's case, the refunds
could total $500 million, while in Edison's case, the
amount is $254 million.

Publicly at least, utility executives insist a mechanism
will be found to let them recoup the money spent on
electricity.

Consumer advocates are gearing up for the fight. Nettie
Hoge, executive director for San Francisco consumer group
Utility Reform Network, says ratepayers shouldn't end up
footing the bill for a deal cut by utilities that
benefited them before prices shot up.

Utility executives are now distancing themselves from the
legislation that got them into such a mess, which was
drafted with their assistance. PG&E Chairman Robert Glynn
says it is best not to "overanalyze" the "old deal."
Instead, he says, regulators and legislators should sit
down with utilities and construct a new agreement, since
"it's in the broad interests of the state not to have
critical energy infrastructure look like a leper."

Mr. Glynn says the current deal offers "mutually assured
destruction" to both utilities and ratepayers. Something
must be done, he says, or consumers throughout most of
the state will experience "a San Diego-style rate shock."
The utility serving that city, San Diego Gas & Electric
Co., ended its freeze a year ago and began passing
wholesale power costs directly through to ratepayers.
Legislators intervened this summer, however, and
temporarily capped retail rates when monthly power bills
nearly tripled. The utility, a unit of Sempra Energy, is
also accumulating a deficit as a result.

So long as banks and bond markets believe the utilities
will be repaid, they will be able to borrow, analysts
say. "Until we hear politicians of consequence state
otherwise, our position is that we believe the utilities
will be made whole," says Richard Cortright, a director
at Standard & Poor's corporate ratings group.

But that opinion could change if it looks like the
utilities will have to swallow a big loss. The result:
lower credit ratings that would raise borrowing costs and
could trigger a downward spiral. "You're talking about
top-rated companies, though," said Ms. Woodland of Fitch
IBCA. "To get to insolvency, a lot would have to happen."

In the meantime, utilities are doing all they can to
control the hemorrhaging. They have gotten authority from
regulators to buy more power under long-term contracts at
fixed prices, reducing their vulnerability to spot-market
volatility. And they have petitioned federal regulators
to declare California's market so badly flawed that
generators should be denied market pricing and, even,
ordered to pay refunds.

Nevertheless, several forces are working against them.
Although they can sign bilateral contracts, prices remain
high for those as well. What's more, they can't buy less
power than their customers need. If they don't buy
enough, the California Independent System Operator, the
organization responsible for reliability, will step in
and make purchases for them and send them the bill.

Perhaps the biggest problem facing PG&E and Edison,
though, is one of timing. The California legislature is
out of session until December, and regulators haven't
even really started to address the issue formally. In the
meantime, the utilities' deficit is growing by tens of
millions of dollars daily.

Write to Rebecca Smith at rebecca.smith@wsj.com


Here is a very rough draft -- an outline, really -- of an answer to Indicated
Shippers' protest.

Please provide comments as you see fit.  I will probably not have time to
look at them until later in the afternoon tomorrow, at which time I will also
do a lot more writing (i.e., making complete sentences, transitions, heading,
conclusion, etc.).  In other words, of greatest interest to me right now are
your ideas on the best way to rebut the Shippers' arguments (including
identifying those that might be safe to ignore).

Thank you!


These are not spot deals.  PanEnergy did not receive gas on the exchange.
However, they did deliver gas to us at Cotton Valley.  According to the
contract, when volumes are overdelivered, HPL buys the gas at GD-.10.  So, in
order to correctly estimate our economics, I changed the price on the
delivery to reflect how the deal will settle.  This occurred in August and
September.  Any spot deals will be on seperate tickets.

Days 5 & 6, as well as 9-31 should be settled as if the exchange was in
place.  (PanEnergy overdelivered about 7,800 per day, which we buy at Gas
Daily -.10)

D

	Enron North America Corp.

	From:  Megan Parker @ ENRON                           10/03/2000 02:29 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Duke Energy Field Deal 157288 8/00

Daren:
I am taking over the Duke account from Katherine and am having trouble with
8/00 production.  It looks like we have some spot deals included in the
exchange deal 157288.  I think days 9 - 31, which are priced at GD - 0.10,
need to be moved to a new ticket if they are spot.   Let me know if you
agree.  Also, can you confirm for me that days 8/5 and 8/6 are suppose to be
exchange?  The sale volume for those two days was zero, so there was no
exchange.  We have not received any statements from Duke yet, so there is
nothing to verify our volumes.

You may also want to look at Sept. 2000 for deal 157288.  It looks like spot
deals are being included in the exchange deal.  Those will need to be moved
to a new ticket if they are spot.

Thanks,
Megan


Here's something to look at.

Kay


Have you heard anything back from Gas Natural with respect to getting their
signed guarantees on the Comercializadora Metrogas  and Gas Natural Mexico
trades?  I've been holding my Enron Guarantees as leverage in getting
theirs.  We are at the period in the confirms where we need to exchange
guarantees...


Morris:
Could you please review and sign off on the tax language?  Thanks.

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 05/25/2001 03:07 PM -----

	Carol St Clair
	05/25/2001 02:52 PM

		 To: Julia Murray/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT
		 cc: Dan Lyons/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT, Peter del
Vecchio/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT
		 Subject: Steel Master Form

Julia and harry,
Enclosed is a revised draft of the Steel Master Agreement for your review.
Could you please forward this to Cheryl?  Thanks.

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


Hi Sue:

I hope the packing and other move-related things are going well---I know that
something invariably happens that creates havoc.  Good luck.

I haven't wanted to bug you too much with all that's going on, so I thought
I'd give you a quick update:

Scott and Bowen and I talked re: getting authority for EBS to dig dirt and
install some facilities in California.  With some effort, we persuaded Scott
that having dinner with Loretta Lynch, well, wasn't going to do get the job
done (though Scott's not yet completely convinced).  Instead, Scott's going
to get from the network folks substantially more detail on precisely what the
project entails.  Once we've got that, we can meet with Commission staff and
take their temperature on what sort of approval hoops we'd need to jump
through in order to get authority to do the project, and what the time frame
for approval would look like.  Scott agrees with this approach.  He's going
to try to get more info from the network folks in Portland.  We likely will
regroup to figure out "next steps" right after the first of the year.  Have
any thoughts on this approach?
I do plan on coming every Thursday to the group meetings.  However, this
Thursday is my girlfriend's birthday, and her parents (who live in the area)
have had a little "special  event" planned for the past 6 months.
Consequently, I will have to miss the GA Xmas party, which I'm very
disappointed about----I really enjoy getting a chance to catch up with
everyone.  I'll also therefore have to participate in Thursday's call by
phone.  Apologies, but I'm sticking to the tried and true rule:  "Family and
relationships first!"

Hope all is well.

Best,
Jeff


As requested, I investigated potential government approvals or potential
political interventions if India assets/investments are sold.  My
understanding from the India CFO (in response to my query about approvals
necessary for any sell-down like we are working on for Dabhol) is that it
depends to whom we sell.  If we sell to an Indian company, then the Reserve
Bank of India (RBI) must approve taking dollars out of India.  If a sale is
made outside India, no Indian approvals are necessary.  There are, however,
many other approvals that would need to be obtained -- specifically from
lenders and counterparties pursuant to project documents.  I have not
analyzed these financial-related approvals.


see attached.
---------------------- Forwarded by Tim Belden/HOU/ECT on 01/24/2001 01:59 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Michael M Driscoll                           01/24/2001 11:08 AM

To: Tim Belden/HOU/ECT@ECT
cc:
Subject: lavodeal1


Sam,

It's coming soon.

Vince
--------------------------vince kaminski


Sara,
As per our discussion last week, we have agreed upon all changes to the client
agreement with the exception of the interest issue - which was under review by
your business people.

Can you please provide me with a status update?
If you prefer, our salesperson is more than happy to discuss the issue with
your
business people.
Please forward the appropriate contact name or number, or have then call
Michael
Schneider directly at  (212) 648-1164.

Many thanks for your assistance with this matter.

Regards,
Corinne

Corinne A Samon
02/28/2001 11:05 AM

To:   Sara.Shackleton@enron.com
cc:
Subject:  Re: futures agreement  (Document link not converted)

Sara,
We are in agreement with your proposed changes to the arbitration language.

I await your reply concerning the rest of the comments to the client
agreement.

Regards,
Corinne 6-4292

Sara.Shackleton@enron.com on 02/27/2001 06:33:48 PM

To:   samon_corinne@jpmorgan.com
cc:
Subject:  Re: futures agreement

Corinne:

Attached is your arbitration language (marked) and our arbitration text.  I
hope this does it!  Thanks.

(See attached file: JPMorganarbitrationR1.doc)

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

                    "Corinne A Samon"
                    <samon_corinne@jpm        To:
Sara.Shackleton@enron.com
                    organ.com>                cc:
                                              Subject:     Re: futures
agreement
                    02/27/2001 02:58
                    PM

Sara,
Thank you for your fax.
Section 180.3 of the CEA prohibits us from agreeing to any settlement
procedure/forum ahead of time.  JPMFI, in accordance with 180.3, will offer
3
forums - which will include AAA.  If Enron chooses AAA, the arbitration
will be
subject to the provisions specified in your fax dd 2/26/2001.

Attached is JPM's proposed language for the arbitration agreement.

(See attached file: ARBITRATION AGREEMENT.doc)

If you are in agreement with the language, please forward Enron's proposed
language (detailed in your 2/26 fax) electronically (if available).

Thank you and Regards,
Corinne

Sara.Shackleton@enron.com on 02/26/2001 12:36:22 PM

To:   samon_corinne@jpmorgan.com
cc:
Subject:  futures agreement

Corinne:

I just sent you a fax re:  arbitration.

I have not heard from your salesperson re:  interest schedule for debit
rate (Sec. 2) and credit rate (Sec. 6).  Thanks.

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

(See attached file: ARBITRATION AGREEMENT.doc)

 - JPMorganarbitrationR1.doc
 - ARBITRATION AGREEMENT.doc


sempergers@hotmail.com (at least while I still am a semperger, but I am getting divorced)

We will see you back in the states.

Luv,

C

 -----Original Message-----
From: 	Lande, Monica
Sent:	Thursday, November 29, 2001 9:38 AM
To:	Scholtes, Diana; Semperger, Cara; Dunton, Heather; Wente, Laura; Nelson, Kourtney; Chang, Fran; Stokley, Chris; Mainzer, Elliot; Perry, Todd; Richter, Jeff; Postlethwaite, John; Platter, Phillip; Crandall, Sean; Choi, Paul; Malowney, John; Badeer, Robert; Belden, Tim; Rosman, Stewart; Poston, David; Forney, John M.; Day, Smith L.; Miller, Jeffrey
Cc:	Lande, Kristian
Subject:	C'est la vie!

If you guys have been keeping up, you know Enron Europe is waving the white flag and shutting down.  Our email addresses (and our jobs!) are being deactivated as of midday tomorrow, so you can reach us at:

klande2@yahoo.com
monstikalande@yahoo.com

Telephone 011 44 207 376 8769

We obviously don't have an elaborate backup plan yet, as we were too busy working for the "The World's Leading Company".  So we can't say where we will eventually end up, but please keep in touch and let us know how you all are doing.  We miss working with all of you guys.  If there is an email list for Portland put together, someone send it our way.

Hang in there!
Monica and Kristian

 Please forward this to anyone we might have missed.


Attached is my draft revision to Alan's letter to Sen. Wyden on information
release.

I have already spoken to Josh Sheinkman in Sen Wyden's office about this
issue and promised more detail as well as a face to face meeting with experts
if necessary.

Also, Chris Long just got a call from the Senator's office indicatiing that
he wants to place a call to Skilling to discuss this issue.  Should we
arrange a time for the call or avoid th emeeting.  I need to call back today.

Tom


Mary Hain has resigned her position with Enron.  Please remove her from all
your mail lists.

Thank you.

Lysa Akin
Gov't Affairs - Sr. Admin. Ass't.

	Enron Capital & Trade Resources Corp.

	From:  "Jackie Gallagher" <JGallagher@epsa.org>
03/28/2001 08:16 AM

To: <bhawkin@enron.com>, <bmerola@enron.com>, <christi.l.nicolay@enron.com>,
<donna.fulton@enron.com>, <janelle.scheuer@enron.com>,
<jeff_brown@enron.com>, <jhartso@enron.com>, <jsteffe@enron.com>,
<Mary.Hain@enron.com>, <rshapiro@enron.com>, <sarah.novosel@enron.com>,
<tom.hoatson@enron.com>
cc:
Subject: REVISED Reg. Affairs Washington Staff Meeting- 12:30 p.m.

MEMORANDUM

TO: Regulatory Affairs Committee-Board and Associate Members Only
       Power Marketers Working Group

FROM: Joe Hartsoe, Regulatory Affairs Committee Chair
            Bob Reilley, Power Marketers Working Group Chair
            Julie Simon, Vice President of Policy
            Mark Bennett, Senior Manager of Policy
            Erin Perrigo, Manager of Policy

DATE: March 28, 2001

RE: REVISED Regulatory Affairs Washington Staff Meeting-
      12:30 p.m.

Due to a conflict with another meeting, the Washington Regulatory Staff
meeting for tomorrow has been pushed back to 12:30 p.m.  If you have any
questions, please contact Jackie Gallagher at 202-628-8200 or
jgallagher@epsa.org.


"Kapoor, Arrun" <kapoor@eurasiagroup.net> on 04/05/2001 12:01:44 PM
To:
cc:

Subject: former Turkish Prime Minister Tansu Ciller in Eurasia Group Round
table, "Turkey's Political Stability"

Please find attached an invitation to our upcoming roundtable, "Turkey's
Political Stability," with former Turkish Prime Minister, Tansu Ciller.  The
program will be held on Friday, May 4th in the New York offices of Eurasia
Group.

Please email info@eurasiagroup.net or call Jonathan Whitmore at 212.213.3112
with any questions.  To register for the roundtable please fax the
registration form to 212.213.3075.

To stop receiving invitations for future Eurasia Group events, please reply
to this message and type "REMOVE" in the subject header.

****************************************************

Eurasia Group is pleased to announce a breakfast roundtable in the next in
our Eurasia Forum series:

TURKEY'S POLITICAL STABILITY with TANSU CILLER, FORMER TURKISH PRIME
MINISTER

Discussant: TBD

Chair: Ian Bremmer, President, Eurasia Group

DATE: Friday, 4 May 2001
TIME: 8:30am - 10:00am
PLACE: Eurasia Group Executive Offices
461 Fifth Avenue, 14th Floor (enter on 40th Street)
New York, NY  10017

A public row between the Turkish president and prime minister in
mid-February sparked market turmoil that resulted in an overnight 30%
devaluation in the lira and a crash of the IMF-backed stabilization program.
These events led to the resignations of the central bank governor and
treasury undersecretary and have tested the staying power of the country's
three-party government coalition.  In response to this instability, the
Turkish government appointed former World Bank Vice President, Kemal Dervis,
as the new Minister of Economics in hopes of resuscitating the country's
fledgling economy.

Ciller was elected Prime Minister in June 1993; her True Path party led
several coalition governments until 1996.  After losing her seat in 1996,
her party formed a coalition with the center-right Motherland Party which
was followed by an alliance with the conservative far-right Welfare Party.
The later move resulted in heightened tension between True Path and the
military and business establishment.  In the current financial turmoil, Ms.
Ciller has attempted to reposition herself as a force that will regain the
nation's financial and political stability.

TURKEY'S POLITICAL STABILITY
4 MAY 2001    ?   NEW YORK

NAME: ____________________________________

TITLE: ____________________________________

COMPANY:____________________________________

ADDRESS:____________________________________

____________________________________

E-MAIL:____________________________________

PHONE:____________________________________

FAX:____________________________________

PLEASE CHARGE MY AMEX/VISA/MASTERCARD:  $150

CARD #: ____________________________________

EXPIRATION:______________

SIGNATURE: ____________________________________

[ ] MY CHECK FOR $150 IS ENCLOSED
[Please make checks payable to Eurasia Group, 461 5th Ave., 14th Floor, New
York, NY  10017]

To ensure proper registration or to receive a full refund please send notice
by Wednesday, May 2nd via fax to 212.213.3075 or via e-mail to
info@eurasiagroup.net.

This event is an informal business discussion with U.S. and foreign policy
makers, press, and senior level executives from companies active or
interested in Turkey.  The formal presentation will be on-the-record; the
Q&A will be off.  If you have any questions or need further information
please contact Jonathan Whitmore or Arrun Kapoor of Eurasia Group at tel.
212.213.3112; please RSVP via fax to 212.213.3075 or e-mail to
info@eurasiagroup.net.  Participation fee: $150; complimentary for Eurasia
Group members and press.

***************************************
Arrun Kapoor
Director, Programming
Eurasia Group
461 Fifth Avenue, Floor 14
New York, New York  10017
t: 212.213.3112
f: 212.213.3075
www.eurasiagroup.net

 - Invite NY.pdf


Please forward originals  to my attention (see my  add in email).  In addition, please remove "Draft" and "For Discussion Purposes Only" from  the agreements. Send two signed originals and I will forward one fully executed contract for your records.  Many thanks for your assistance in this matter.  Please give me a call if you have any questions.

 Debra

 -----Original Message-----
From: 	"Angela Schorr" <schorra@worldnet.att.net>@ENRON [mailto:IMCEANOTES-+22Angela+20Schorr+22+20+3Cschorra+40worldnet+2Eatt+2Enet+3E+40ENRON@ENRON.com]
Sent:	Friday, September 28, 2001 8:10 AM
To:	Perlingiere, Debra
Subject:	RE: GISB

Sorry for the delay in getting back to you.  My attorney agrees with the
GISB.  I have filled in all appropriate information and have signed it.  Who
should I fed ex this to?

-----Original Message-----
From: Perlingiere, Debra [mailto:Debra.Perlingiere@ENRON.com]
Sent: Tuesday, September 04, 2001 2:38 PM
To: schorra@att.net
Subject: GISB

 Further to our conversation, please see the attached sample GISB for
your consideration.  Upon your review, please give me a call to discuss
same.

 <<basecontract.doc>>
Regards,
Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron
713-853-7658
713-646-3490 Fax

**********************************************************************
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.
**********************************************************************

 - winmail.dat << File: winmail.dat >>


One of the World Hunger issues is that GE does  not want Enron to be able to
issue a unilateral change order which would impact the manufacturing schedule.

We have the same issue in the Arcos Power Island deal.

Following is what I intend to propose to solve the Arcos problem and might
work  for World Hunger:

" Purchaser acknowledges taht Seller's ability to accomodate changes in
manufacturing scope in a timely or cost effective manner diminish as Seller
gets further along into the manufacturing process, and after a point changes
can only be made after assembly completion or in the field without adversely
affecting Seller's manufacturing obligations to other clients (a "Client
Impact").  Where such a Client Impact circumstance exists, Seller shall
identify such constraints to Purchaser in its proposal submitted pursuant to
Clause 17.2.(b) [time and cost estimate to accomodate the Change
Order-Variation Order], which Purchaser shall take into account in evaluating
Seller's proposed cost and time changes arising out of such Variation scope
change. "

I would appreciate your thoughts as to whether this works for us in the World
Hunger document-  I do  not want to propose for Arcos if it gives you great
difficultly for World Hunger.


Just to put me over the edge, I got a phone call last week from one of the
gas trading h.r. people with respect to robin menear.  she was listed as
commercial support (still) and when I hired her last year, it was as a
commercial manager.  Your boy Brad McSherry didn't fix her class, even though
this was a problem at mid year as well.   Of course he told me it had been
taken care of, but Hunter Shively showed up in my office last week to go over
her history, and what my intent was when i hired her.  he too was involved in
the hiring decision.

Shall i do brad's termination, or will you.


CES has a synthetic storage deal with Equitable Gas Company on Texas
Eastern.  CES gave Equitable 100,000 dth in April 1999 and Equitable is
giving CES the gas back in January 2000 in Tetco M2.  According to my new
best buddy Fred at Equitable, CES will pay Equitable $.65 /dth after the
January transaction is complete.

Here are my questions/comments;

1.  David - please look at the new deal I created for this exchange (deal
146788).  The existing deal (deal 138741) is set up as a pipeline exchange.
I believe the counterparty should be Equitable Gas Company which is the LDC.
If it looks OK to you, I will kill the old deal and add the volumes to the
new deal.  Please let me know ASAP.

2.  Linda/David - do we have CES's contract with Equitable?  I would like to
see a) what CES was paying Equitable for this deal and b) when the payment
was due.

3.  David/Stephanie - if the deal is structured the way Fred described it
above, where do we put the $.65 fee at?

4.  Linda - Fred has not received any assignment notices regarding CES
deals.  He doesn't know if he should bill CES or Enron North America.  Who
should he talk to about that??

Please forward this email to others that may need to see it.

Thanks


Register before Friday June 1 and save $100 !
Is current storage fill giving us
a false sense of security?
It's May. And those AGA storage numbers might have us feeling pretty secure about the future. But a lot can happen in a few short months. Consider these likely scenarios:
This summer hot or hotter than last summer? Predictions abound.
Record number of new gas fired electric generation units on-line this summer, increasing demand and the draw on storage.
Severe drought affecting hydropower, the lowest output in 30 years.
Natural gas supply availability virtually unchanged from last year's levels.                        Fact or fiction?

?
Attend Ziff Energy's new storage conference and find out what  North American experts have to say.
Storage 2001-2002:
A Source of Stability or Chaos?
June 22, 2001- Houston
Registration Fees:
Advance Rate $695 (by Friday, June 1)
Regular Rate $795
To register or for more information, visit  http://www.ziffenergyconferences.com
phone (403) 234-6555 or e-mail us at gasconference@ziffenergy.com
Ziff Energy Group, based in Calgary and Houston, is one of the largest energy consulting firms in North America delivering practical strategies related to natural gas supply and pipeline and regulatory matters.


When: Thursday, November 15, 2001 11:30 AM-12:30 PM (GMT-06:00) Central Time (US & Canada).
Where: tbd--confirm time, 11:30 or later

*~*~*~*~*~*~*~*~*~*


Dear Chris:  At the request of Gerald Nemec, I'm attaching confidentiality
agreements for your review for the following parties:

Energen Resources Corporation
Lewis Energy Group

Please call me or Gerald (x33512) with questions or comments.

Best wishes,
Mary

Mary C. Ogden
Legal Specialist
Enron Wholesale Services/Enron Americas/Legal
1400 Smith Street, EB 3876d
Houston, TX  77002-7361
Phone:  713-853-7796
Fax:  713-646-3490
Mary.Ogden@enron.com


Thursday June 7 is just fine with me...i will coordinate with Patti...all
the best to mom and dad..geoffrey

-----Original Message-----
From: Sally.Beck@enron.com [mailto:Sally.Beck@enron.com]
Sent: Friday, June 01, 2001 12:26 PM
To: gmann@viviance.com
Subject: RE: So sorry.

Sorry for the delay in getting back with you.  This has been a wild week
and a half - end of school activities for the children, birthdays of both
of my daughters and at work a move to a different floor, one full day
offsite meeting and all of the details around the sale of our intrastate
pipeline completed May 31.  I have commitments for a business dinner on
Wednesday, June 6th (moved from the 29th this week, the rescheduling of
which had a bearing on my availability next week). Patti said that you
asked about dinner on Tuesday, Wednesday or Thursday.  Coorindating with
the home schedule, it looks as if Thursday would be the better evening for
dinner, if you are still planning to be in Houston.  I would certainly not
want your new attire to go unused!  I will be leaving the office shortly to
drive to Austin - 50th anniversary celebration for my parents.  Patti will
be in this afternoon and I will ask her to talk with you to see if
Thursday, June 7 works for your schedule.  --Sally

    -----Original Message-----
   From:   "Geoffrey Mann" <gmann@viviance.com>@ENRON

[mailto:IMCEANOTES-+22Geoffrey+20Mann+22+20+3Cgmann+40viviance+2Ecom+3E+40EN
RON@ENRON.com]

   Sent:   Wednesday, May  30, 2001 1:30 PM
   To:     Beck, Sally
   Subject:  So sorry.

   Sally,
   So sorry we haven't been able to connect.  Here I went out and purchased
   a
   new spiffy 3 bottom suit, shirt with French cuffs, spit shinned my
   shoes,
   new cashmere socks, Allen Edmons shoes, exquisite tie and bought the
   finest
   parfum from Boucheron...and here, I sit.  Hopefully this finds you well.
   All my best,

   Geoffrey Mann
   CEO/President North America

   Viviance new education, Inc.
   225 Lafayette Street, Suite 906
   New York, New York 10012

   212.219.9797
   Fax: 212.219.0243
   Cell: 516.983.0065
   Email: gmann@viviance.com
   www.viviance.com


Am faxing you the presentation right now.  jeff


Please fined attached translation of articles from Denryoku Business
Sokuhou dated March 7
and the March edition of Energy Forum.

Best regards,
IRJ PR Services

 - Denryoku Business Sokuhou.doc
 - Energy Forum.doc


http://cbs.sportsline.com/u/ce/feature/0,1518,2459991_54,00.html

http://cnnsi.com/basketball/nba/2000/nba_draft/news/2000/05/25/mock_draft1/


Start Date: 4/13/01; HourAhead hour: 18;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041318.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 18 / Preferred:  20.00 / Final:  19.97)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/13/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_BUNNY
  ENGY_TYPE: FIRM


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/16/2001
05:27 PM ---------------------------

"Btu" <subs@Btu.net> on 02/16/2001 04:44:19 PM
To: "Btu's Weekly Power Report" <>
cc:
Subject: Btu's Weekly Power Report

Attached is the latest issue of Btu's Weekly Power Report

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wp021901.pdf


Put me on the 11:50 flight and let's see if we can do dinner at 7:00 rather
8:00.  Thanks, Mark


Hello,

In order to make sure that our records are complete during the holiday season, could you please forward a copy of your quote sheets to Chance Rabon at Chance.Rabon@enron.com, as well as sending them to me.  I will be on holidays from Friday 21st, till the end of the year and Chance will be helping clean up Enron business and be preparing for our business to re-emerge.  Your patients and help are greatly appreciated and I look forward to speaking with you in the new year.

Have a happy and safe holiday season.

Jon


Hi George,

I'm looking for the GE acknowledgement letter which we need for this deal.
Can you email it to me?

Thanks,

Kay


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 08/14/2000
09:03 AM ---------------------------

"Ram Tackett" <rtackett@abacustech.net> on 08/12/2000 05:12:15 PM
Please respond to rtackett@abacustech.net
To: "Geoff and Susan Gayle and Family \(E-mail\)" <stormgale@msn.com>
cc: "Adam and Carla Venette and Family \(E-mail\)" <venette@flash.net>, Daren
J Farmer/HOU/ECT@ECT
Subject: Garrett's Birthday Pictures

Geoff,

Thanks for the pictures. Looks like the kids had a great time!

I hope you don't mind, but I've taken liberty to turn them into a web photo
album at http://24.27.98.30/pictures/08-05_Garrett_Gayle_Bday. If you want
to pass this web site address along to other folks, feel free.

If you want a CD copy of this web site, give me a yell.

Thanks,

Ram Tackett,  (mailto:rtackett@abacustech.net)
Owner, Abacus Technologies
17611 Loring Lane, Spring, TX 77388-5746
(281)651-7106;Fax(281)528-8636  Web: http://www.abacustech.net

 - Ram Tackett (E-mail).vcf


Dear Ms. Beck:

I am writing to thank you for taking your time to talk with me on the
phone this morning. I am very excited about this opprtunity to speak with
you again.

I understand that you must very busy now and I attach my resume to gain
more time to discuss how my background fits Enron's requirements and
business objectives.

I will call you at 4.30 pm today.

Thank you,

Sona

 - e_resume_S.K..doc


Kay:

This is the last Illinois ENA project that is currently "active."  We have
been informed that the Lake Calumet/Peoples Energy project is on hold
indefinitely, pending acquisition of turbines by Peoples.

From a legal perspective, the Great Plains Energy Center/Konicek/Kendall
County matter likewise is on hold, pending commercial resolution of
transmission constraint issues with Commonwealth Edison Company.  However,
as soon as the transmission issues are resolved, this project could move
fairly quickly.

If and when ENA decides to move forward with this matter, we envision that
PMRW would provide legal counsel in the following areas:

1.  Close on the Konicek property.  ENA has on option on
this property that expires December 15, 2001.  Depending upon various
commercial and operational issues, PMRW may also be asked to assist with
closing on additional properties surrounding Konicek property.

2.  Pursuant to the terms of the Annexation Agreement,
annexation of the property to the City of Yorkville may occur when
(a) ENA closes on the Konicek property;
(b) the property is contiguous to the City; and
(c) either (i) the County issues the final
Certificate of Occupancy for the facility; or (ii) the Annexation Waiver
Notice is delivered by ENA's development subsidiary to the City.
The property currently is not contiguous to the City border.

3.  Secure necessary environmental permits and approvals for
pipelines, air emissions, water usage and water discharge.

4.   Provide legal counsel associated with negotiating and
implementing roadway and maintenance agreements.  If ENA does not annex to
the City of Yorkville and instead develops in the County, prior to issuance
of the building permits, ENA will be required to finalize the terms of the
Roadway Construction and Maintenance Agreements with Bristol Township.  If
the property is annexed to the City of Yorkville, ENA still has an
obligation per the terms of the annexation agreement to repair/replace the
damage resulting from construction of the facility.  Typically, PMRW also
provides legal counsel as needed during construction for implementing the
terms of the Roadway Agreements.

5.   Provide required legal assistance regarding
construction activities.  Typically, this involves securing building
permits, certificates of occupancy, etc.

6.  Per the terms of the Annexation Agreement, when at least
200 acres of area around the property is developed with industrial or
commercial use, the City can create a special assessment district for
roadway improvements along Corneils Road.  Per Section 2(A)(E), the
developer at that point is responsible for 10% or the cost of the roadways
improvements or $300,000 whichever is less for all roadway assessments in
the aggregate.  PMRW would assist with all legal issues arising from the
creation of the special assessment district and payments in to the fund.

7.  Provide post-construction legal assistance to negotiate
and secure the corporate guaranties for outstanding improvements.

8. Provide legal assistance securing the pipeline route
and the accompanying easements.

9. Provide legal assistance in negotiation of a
potential Assessment Agreement with the County and Township Assessors.
Additionally, if the project is developed under the County's rules, it will
be necessary to negotiate a similar agreement with the County Board of
Assessment Review.  Even if developed under the City's rules, it may be
desirable to negotiate such an agreement with the County Board of Assessment
Review.

There also has been some internal discussion at ENA suggesting that this
property might be sold.  If ENA chooses such a strategy, PMRW would provide
the legal support for the due diligence activities associated with the sale.

As always, please do not hesitate to contact me (312-368-4039), Mark Gershon
(312-368-2127) or Karen Way (312-368-2152) if you have any questions.

Christopher J. Townsend
Piper Marbury Rudnick & Wolfe
203 N. LaSalle Street
Chicago, IL 60601
(312) 368-4039 (direct line)
(312) 630-6300 (direct fax)
christopher.townsend@piperrudnick.com

____________________________________________________________________________
The e-mail address and domain name of the sender changed on November 1,
1999.  Please update your records.

The information contained in this communication may be confidential, is
intended only for the use of the recipient named above, and may be legally
privileged.  If the reader of this message is not the intended recipient, you
are hereby notified that any dissemination, distribution, or copying of this
communication, or any of its contents, is strictly prohibited. If you have
received this communication in error, please re-send this communication to
the sender and delete the original message and any copy of it from your
computer system.
Thank you.

For more information about Piper Marbury Rudnick & Wolfe, please visit us at
http://www.piperrudnick.com/
____________________________________________________________________________


The quotes are accurate, but I did not say California does not have a supply
problem.

	Mark Schroeder@ECT
	03/19/2001 06:04 AM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Jackie Gentle/LON/ECT@ECT, Alex Parsons/EU/Enron@Enron
		 Subject: Press Clipping - Germany (Enron Mention)

Steve - FYI, and presumably they misquoted you on the problem (at least in
California) not being a function of indaequate capacity (it is one of the
root causes we have been pointing to over here, among others).   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 19/03/2001
12:07 ---------------------------

Katy Lomax
15/03/2001 16:31
To: Eva Hoeffelman/LON/ECT@ECT, Peter Styles/LON/ECT@ECT, Paul
Hennemeyer/LON/ECT@ECT, Viviana Florio/FRA/ECT@ECT, Bart Lyon/LON/ECT@ECT,
Peter Kreuzberg/FRA/ECT@ECT, Sven Becker/FRA/ECT@ECT, Michael
Schuh/FRA/ECT@ECT, Gregor Baumerich/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT,
John Oliver/LON/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, Andrew
Green/LON/ECT@ECT, Meindert Witteveen/LON/ECT@ECT, rory_macrae@edelman.com,
Laura.Currie@edelman.com, Soenke Becker/EU/Enron@Enron, Eric
Shaw/LON/ECT@ECT, Helge-J_rgen Beil/FRA/ECT@ECT, Carsten Haack/FRA/ECT@ECT,
Mark Schroeder/LON/ECT@ECT, Barbara Thompson/FRA/ECT@ECT, Ann M
Schmidt/Corp/Enron@ENRON, Cindy Derecskey/Corp/Enron@Enron
cc:

Subject: Press Clipping - Germany (Enron Mention)

Please find attached the following article/s:

"Missing the goal" - Financial Times Deutschland

Kind Regards,
Katy Lomax


In order to clarify the memo regarding the reorganization of EECC, we want to
clarify that NEPCO, as a stand alone entity, will report to Larry Izzo inside
of EES.


The request has been completed with all resources requested either completed or rejected. You can view the details of the  request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000081784&Page=MyReq.


Mark, It seems to me Erica's advice needs to apply not only to this NDA, but
probably all of the NDA's that are going to originate from the Houston based
EnronCredit.com business team.  Further, it should apply not only to NDA's,
but their whole business they are originating from Houston, yes?  Maybe you
need to talk to Erica...
----- Forwarded by Tana Jones/HOU/ECT on 10/26/2000 08:21 AM -----

	Michael Slade
	10/26/2000 08:12 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: i2 Technologies

Tana
Here is Erica's approval, as such - I have since explained what it is about
and she is happy with it
Thanks
Mike
---------------------- Forwarded by Michael Slade/LON/ECT on 26/10/2000 14:15
---------------------------

	From:  Erica Gut                           25/10/2000 08:16

To: Michael Slade/LON/ECT@ECT
cc:

Subject: Re: i2 Technologies

I'm sorry for the delay.  I looked at the agreement and I have no problem
with it although, as a lawyer, it is dificult to envision how the English
courts are going to apply Texas law.  I would like to know what this is about
as I have no idea.  Can you please give me a call on 34916?  Thanks.


Recently a new person moved into our
space on 32nd floor.

Being that the gentleman is there , I decided
to move our computer out of his working space.

The computer will be moved  to desk in our area
until the new hire arrives.

                                        FYI
                                     Thanks
                                 Kevin Moore


A bit of a wait ... but really, really cute! Careful--there is sound!

http://home.earthlink.net/~jimmcneill/dance.html


Looks fine to me.

	Enron Capital & Trade Resources Corp.

	From:  "Andrea Settanni" <asettanni@bracepatt.com>
03/13/2001 08:50 AM

To: <nolan.steiner@avistacorp.com>, <dvermillion@avistaenergy.com>, "Jeffrey
Watkiss" <dwatkiss@bracepatt.com>, "Kimberly Curry" <kcurry@bracepatt.com>,
"Ronald Carroll" <rcarroll@bracepatt.com>, <gfergus@brobeck.com>,
<andrzej_kabarowski@cargill.com>, <phillip_fantle@cargill.com>,
<psteel@coral-energy.com>, <psteele@coral-energy.com>,
<rreilley@coral-energy.com>, <elizabeth.sager@enron.com>,
<mary.hain@enron.com>, <richard.b.sanders@enron.com>, <smara@enron.com>,
<snovose@enron.com>, <sstack@enron.com>, <jfrizzell@gibbs-bruns.com>,
<sbishop@gibbs-bruns.com>, <GErspamer@mofo.com>, <KIrvin@mofo.com>,
<KZeitlin@mofo.com>, <RLoeffler@mofo.com>, <jmcgrane@morganlewis.com>,
<mgriffen@morganlewis.com>, <bcurrey@omm.com>, <jstamper@omm.com>,
<mawilliams@omm.com>, <john.fryer@pacificorp.com>,
<nancy.loftin@pinnaclewest.com>, <Timothy.Bolden@pinnaclewest.com>,
<dmperlman@powersrc.com>, <rosteen@powersrc.com>, <hao@quinnemanuel.com>,
<dgarber@sempra.com>, <wdsmith@sempra.com>, <rbeitler@sempratrading.com>,
<paramfjord@stoel.com>, <rcjosephson@stoel.com>, <SJkaplan@stoel.com>,
<mbrosterman@stroock.com>, <mgoldstein@stroock.com>, <pjazayeri@stroock.com>,
<theftler@stroock.com>, <ayudkowsky@strook.com>, <CFR@vnf.com>,
<GDB@vnf.com>, <HES@vnf.com>, <JRR@vnf.com>
cc: <Pmar@mofo.com>
Subject: Bankruptcy Notification to FERC - Revised Draft

Attached is a revised draft in redline format that addresses comments already
received.

 - bankruptcy.doc


Thank you for your reply to the iBuyit eProcurement demo invitation sent last
week.  Below are the meeting details.  Please note the change of location.
We look forward to taling with you about iBuyit.

Who:  Top IT Central Purchasing Customers
What:  Sneak Peak of the iBuyit eProcurement
When  Tuesday, March 6, 2001 - 1:00 PM - 3:00 PM
Where  3AC16C1

Attached is the agenda for your reference.

If you have any questions about this demonstration, please contact Raul
Davila @ 713/646-8395.

Thanks,

John Gillespie


Please be advised that Jay Williams will be our credit contact for all master netting agreement credit terms.  Jay will also provide us with all counterparty names and maintain the list of agreements.  Jay's phone number is (713) 345-3923 and, for e-mail purposes, he is listed as Williams, Jason R. (Credit).


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/18/2000
04:49 PM ---------------------------

Pinnamaneni Krishnarao
09/18/2000 02:10 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: pres. files


FYI
----- Forwarded by Mark Taylor/HOU/ECT on 02/21/2001 07:19 PM -----

	Scott Marra <SMARRA@isda.org>
	02/21/2001 11:19 AM

		 To: US REGULATORY COMMITTEE <USREGCOMM@isda.org>
		 cc:
		 Subject:

On behalf of Stacy Carey, please refer to the attached.

 <<ISDAHR333.pdf>>
Scott Marra
Administrator for Policy & Media Relations
ISDA
600 Fifth Avenue
Rockefeller Center - 27th floor
New York, NY 10020
Phone: (212) 332-2578
Fax: (212) 332-1212
Email: smarra@isda.org

 - ISDAHR333.pdf


Steve & Cindy,

Below are a couple emails from our recruiters indicating an increase in Enron
employees looking at other employment options.  The increased activity seems
to be more prevalent for EES & EBS.  As I mentioned in my voicemail,  we have
not seen a significant increase in voluntary turnover, in fact, for ENW it is
lower this year than it was last year at this time. (Probably has to do with
the softening of job market and decrease in other opportunities.)

We are still checking with other recruiters and agencies and will keep you
posted with updates and any increase in turnover.

Robert

 -----Original Message-----
From:  Davies, Neil
Sent: Monday, March 26, 2001 9:27 AM
To: Vasut, Tony; Jones, Robert W.
Cc: Broadfoot, Mark; Taylor, Charles
Subject: RE:

Robert

Spoke to Charles T. His contacts indicate a similar pattern - a definate
upsurge over the last 4 weeks by around 20-30%. Candidates seem to be
primarliy from EBS/ EES.

Neil

 -----Original Message-----
From:  Vasut, Tony
Sent: Monday, March 26, 2001 9:15 AM
To: Davies, Neil; Jones, Robert W.
Subject:

Guys:
As requested, I spoke with a couple of the external vendors that we use on
the Corp side of the equation.  I posed the question to probe into the number
of Enron candidates on the street.
According to one of my sources, the number of Enron people who have expressed
interest in looking into opportunities has increased... although it was her
feeling that the majority of the people interested in making a change were
from the less established Enron businesses (Azurix, EES, EBS...).  She said
that the Chronicle article seemed to trigger this increase.

I will follow up if I get any additional data to share.

Regards,
Tony


Jeff,

Thanks for inviting me to be in the Round Table.  I think it'll be a
success.  I'm able to make it to dinner tomorrow night for the Tiger Team
deal.

Fletch

p.s.  did you close on your house yet?


Nothing was fidgety, at all. I'm glad that you spoke your mind, because I
have been offended by those types of statements from Cameron many times. I
have tried to say something, only to be pushed aside by her adept
pettifoggery -- that you chimed in gave it weight. (She was also in the mood
for a little bout.) With that said, I've discovered that if I'm patient with
her, she will eventually listen to me, and the points I make about the holes
in her logic. She has a handbag of half-formed views which I am trying to
dispel. It has taken a while, but we're getting there. Hence, her saying at
the end of the conversation that she's against fundamentalism, rather than
religious people in general. She needs to take more of those strides.

You may certainly hold anarchist views (I respect that), but that night I
think you were simply expressing an abhorrence of gross generalization. I'm
glad we see eye to eye on that. Live and let live and all that. But once
Cameron says something like that, she feels she must stick by it. The
devil's advocate line is so boring: one must speak one's mind, not
contradict for contradiction's sake. (Do devil's advocates have nothing
themselves to believe in, so they simply take the opposing view for
something to hold onto?) Cameron has a bit too much of the devil's advocate
in her. I hope I can cast some spells to purge that ornery Lucifer from her.
I think I'll be less sucessful there. After all, she is a lawyer at heart.

Maybe next time we see each other you can explain to me exactly what a
social liberterian is. I really don't have a clear concept in my head there.

Hope you're having a nice day.

>From: Jeff.Dasovich@enron.com
>To: "Scott Laughlin" <scottwl@hotmail.com>
>Subject: Re: b-day
>Date: Tue, 14 Nov 2000 10:47:07 -0600
>
>
>As uncomfortable as it sometimes is, I feel compelled to comment on what in
>my humble opinion are quite troubling statements, particularly when those
>statements come from the mouths of self-described liberal, open minded,
>diversity-loving hipsters.  I have a very hard time with stereotyping of
>any sort, and a very, very hard time when it comes from people I'm close
>to.  Believe it or not, in the past, I would have been much more aggressive
>about it.  Guess I've mellowed.  Sorry if it made things, well, fidgety.
>(I've come to grips with the fact that deep down, I tend to trend toward
>socially libertarian and sometimes even anarchist views---oh well.)
>
>Best,
>Jeff
>
>
>
>                     "Scott
>                     Laughlin"            To:     jdasovic@enron.com
>                     <scottwl@hotm        cc:
>                     ail.com>             Subject:     b-day
>
>                     11/13/2000
>                     04:57 PM
>
>
>
>
>
>Dude,
>
>Thanks for the abalone last night. Too bad we had to wash it down with that
>
>discussion. Actually, wasn't so bad, really -- just a bit frusterating.
>Anyway, let me know what I can do for Prentice's birthday. Do you want me
>to
>go out there and check it out? Let me know about deposits and stuff like
>that as well.
>
>I'm sitting here in the new place in the 'Loin listening to that great
>Mingus disk you got me. It's really amazing, a perfect compliment to
>sorting
>out and organizing all my papers.
>
>Hope you're having a good day.
>
>Scott
>_________________________________________________________________________
>Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.
>
>Share information about yourself, create your own public profile at
>http://profiles.msn.com.
>
>
>
>
>

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

Share information about yourself, create your own public profile at
http://profiles.msn.com.


Dave:

As a follow-up to our call last night, I am attaching a matrix which details
the major development tasks and the current status and expectations for
each.  Additionally, I am faxing you the legal opinion on the FX issue.
Lastly, the following comments relate to the issues you raised on the
contract:

Definition of Calculation Period - The monthly term was not clearly outlined
due to some issues on the consortium/capital contribution nature of the
structure.  The montly period has some references, but this needs to be
clearer and we will include this in the definition.
Definition of Petrobras Preferred Allocation - We will change the reference
from 6.02(d) to 6.02(e).
Paragraph 6.02(e) - We will add language to clarify that the gas price is the
Reias equivalent of the US$ price.
Paragraph 16.02(e) - The general concept was that Petrobras would receive the
economic benefit, if any, for any capacity that they paid for during FM
events after the term of the agreement.  This paragraph will be adjusted to
state this more clearly.
Paragraph 16.02(h) - This paragraph is only suppose to refer to Force Majeure
events, not Political Force Majeure.  We will delete Political Force Majeure
and the reference to 16.01(e).
Paragraph 22.01(b) - The referece 3.01(b) should be (e).  We will make this
change.

With respect to our general stategy on the permitting, we will be delivering
a letter and legal opinion to FEEMA within the next couple of days asking
them to include language in the environmental permit (installation license)
for RioGen allowing us to start certain work (common facilities and civil
work) for Eletrobolt.  This would allow us more time for the process on
Eletrobolt within the constraints ($15 million budget) of the Consortium
Agreement and Political Force Majeure allocation to Petrobras.  The RioGen
installation license is expected to be issued at the end of this month or
beginning of January.

Thanks,
Brett


Start Date: 4/9/01; HourAhead hour: 21;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040921.txt

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

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/9/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_OZZY
  ENGY_TYPE: FIRM


Vince,

I reviewed all information available on the web site. There is a template
that shows what kind of data SwapsMonitor provides on commodities, but
unfortunately this template is a blank one and no example of the table given.
To receive any actual data we have to subscribe to their service ($200 -
single delivery, $300 - annual subscription).

Below is the template that given for commodity derivatives:

The data in this database is derived from audited financial statements,
regulatory filings, reports to shareholders.

I will be glad to write a summary report.

Sincerely,
Elena

Vince J Kaminski@ECT
10/12/2000 03:47 PM
To: Elena Chilkina/Corp/Enron@Enron
cc: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT

Subject: Swaps Monitor Research.

Elena,

Please, review the energy related info in this database (if any) and talk to
me
about it.

I would like to do some research in this area and ask you to write a summary
report.
Nothing urgent.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
03:52 PM ---------------------------

Andrei Osonenko <andrei@swapsmonitor.com> on 10/11/2000 04:26:38 PM
To: (Recipient list suppressed)
cc:
Subject: Swaps Monitor Research.

We have today published information about the OTC derivative activities of
the largest Dutch dealers. This research is contained in the attached pdf
file.

Through our web site, SwapsMonitor.com, you can obtain additional information
about OTC derivatives dealers, including rankings and a database of
outstandings going back to 1994.

As an e-mail subscriber to our research, you will automatically receive all
free research at the same time it is placed on our web site. If you wish to
remove your name from the e-mailing list, please use the Reply feature of
your e-mail application and type the word "Remove" in the subject line.

Regards,

 - dutch_dealers.pdf
Andrei Osonenko
Research Department


I'm there.  I'm out Friday.  Also, Molly will be full time CES starting next
week.

Kim, please reserve a room for a conference call for one hour starting at
11:00 am this Thursday.

	From:  Colleen Sullivan                           03/28/2000 12:49 PM

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: storage clarification & issues

Chris--FYI--are you available for a meeting Thursday, March 30 at 11:00 a.m.
to discuss these issues?  If so, will you ask Kim to get a room for us for
about an hour?

Thanks.

---------------------- Forwarded by Colleen Sullivan/HOU/ECT on 03/28/2000
12:47 PM ---------------------------

mflewellyn@columbiaenergygroup.com on 03/28/2000 12:34:07 PM
To: " - *colleen.sullivan@enron.com" <colleen.sullivan@enron.com>
cc:
Subject: storage clarification & issues

Colleen,

Attached is an updated storage proxy schedule for COH and AGL showing what our
balance will be as of April 1, 2000.  As always, if you have any questions,
please let me know.  I'm sending a copy of the document to Denny Pick for
signature and will then send it to Jeff Hodge to get signature from Enron.

Aside from the storage issue, there are several other items that we need to
discuss.  Below is a brief description of each.  Please let me know how you
think we could best deal with these - whether it's via phone call or having an
in-person meeting down in your office.

1.  Pricing - I left you a message about this last week.  According to Chris
Germany, all changes to volumes after first-of-the-month must me negotiated.
In the contract, however, it specifically refers to pricing intra-month using
gas daily OR negotiated pricing depending on the timing of the change.

2.  Consistency - During our discussions with Chris, it sounds as though some
pipes are being handled differently than others again as it relates to
intra-month changes.  I'd just like to make sure that we agree on the pricing
mechanism and then apply it consistently.

3.  Local production - Apparently there was local production that John Singer
purchased specifically to back Retail customers, and this production was not
removed from the Wholesale book prior to the sale.  We need to discuss how to
handle this production.

4.  Monthly invoices - We still haven't seen the complete January 2000
invoice.  As I understand it, the demand charges have not all been sent over,
and several items that need to be changed haven't yet been changed.  Also,
Brian Perrone and Charlie Dalphon have indicated that they have requested
back-up documentation on the demand charges, but we still haven't received
anything.

5.  Swap confirmations - For all of the swaps that Clay Deaton put in place
with Enron to keep Retail's existing hedge positions in tact, I still do not
have executed copies of all of the confirmation agreements.  Rich Contos and I
have both called several people about getting a complete set of copies, but we
can't seem to find the right person over there.

Whenever you have time to discuss these, please let me know.

Thanks,

Melissa


Per our discussion at the controls meeting - I thought you might be interested in Ken Cessac's recent findings on how the field could be more proactive at finding and correcting meter errors.
 -----Original Message-----
From: 	Cessac, Kenneth
Sent:	Tuesday, July 03, 2001 6:15 PM
To:	Datta-Barua, Lohit; Alters, Dennis; Anderson, Gary E.; Armstrong, Julie; Asante, Ben; Bellard, Dannis; Blair, Lynn; Brennan, Patrick; Buchanan, John; Corman, Shelley; Craig, Rick; Dowden, Jim; Gallishaw, Melinda; Hebert, Thomas; Hewett, Jackie; Hyatt, Kevin; January, Steven; Kendrick, William; Kilmer III, Robert; Kissner, Tim; Kudym, Judy; Lokey, Teb; Lowry, Phil; McCarty, Danny; Alder, Amelia; McClary, Bronson; Miller, Mary Kay; Morris, Alliece; Shafer, John; Sims, Peggy; Smith, Kenny Ray; Smith, Roy; Stern, Ellis; Wagoner, Michael; Bryant, Mike; Cherry, Steve; Porter, Theresa; Pribble, Dan; Vollmer, Allan; Comstock, Steve; Daigle, David; Doerr, Donald; Gibbs, Dana; Sanford, Robert; Trevelise, Jon; Wright, Gary; Thompson, Charlie; Hoag, Jody; Tidwell, Eddie; Figueroa, Robert; Teal, Mike; Cone, Cecil; Weatherford, Allan; Campo, Michael; Moseley, Doug; Clayton, Lawrence
Subject:	Recommendations for ongoing improvement of UAF.

The attached recommendations document provides some additional detail to some of the items listed within the presentation.


This is the classic Michael Porter Five Forces Article from 1979, still boilerplate strategy stuff at most business schools. I think it provides a useful framework as we analyze our market and develop our regional strategies.

EM

Elliot Mainzer
Renewable Power Desk
Enron North America
121 SW Salmon St.
3WTC-0306
Portland, OR  97201
(503) 464-3706
(503) 464-3740 (FX)
(503) 709-6959 (CL)


CGoering@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving hours beginning 01:00, 13:00 - 16:00, 20:00, and 23:00
in
the May 7, 2001 Real-Time Market as well as the following hours per
ECA20001006B
to verify prices:

PJM:  0:00 - 5:00, 22:00
OH:   05:00, 22:00
HQ:   04:00, 05:00, 22:00
NE:   0:00, 05:00, 22:00

Prices in the May 8, 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be found
at
the following address on our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


ELCON commercial practices group[


I guess we aren't really part of this group.  See web page.

thanks

bob
---------------------- Forwarded by Bob M Hall/NA/Enron on 03/30/2001 09:37
AM ---------------------------

	From:  Enron Net Works News                           03/29/2001 08:09 PM

Sent by: Enron Announcements
To: ENW-Employees
cc:

Subject: ENN - New Issue

Have you seen the latest edition of Enron Net Works News?   Read about the
E-commerce Control Center and join us in welcoming our Global Technology
Track Class Two employees.  All this and more at http://enn.enron.com

NOTE:  In the event that you are unable to execute the above link, please
copy the link to the address line of your installed browser.


P. S.  Further to my previous memo, please see that Kay Young also receives
such Closing Documents, as well as closing documents related to any asset
transactions, so that they may be included in our ENA Legal file room.   My
apologies for this omission.   If you have any questions or comments, please
call me.  Thanks, Deb
---------------------- Forwarded by Deb Korkmas/HOU/ECT on 02/02/2000 01:58
PM ---------------------------

Deb Korkmas
02/02/2000 10:28 AM
To: Alan Aronowitz/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Bob
Carter/HOU/ECT@ECT, Shonnie Daniel/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT,
Shawna Flynn/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT,
Monica Jordan Richards/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Travis
McCullough/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT,
Sheila Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, Merrill W
Haas/HOU/ECT@ECT, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT,
Marie Heard/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J
Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Robert
Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT, Erica
Braden/HOU/ECT@ECT, Sheri L Cromwell/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT,
Linda J Noske/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Linda R Guinn/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT,
Becky Tlucek/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Julia
Murray/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT, Doug Pedigo/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT,
Michael A Robison/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Peter del
Vecchio/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT,
Debra Perlingiere/HOU/ECT@ECT, Joya Davis/HOU/ECT@ECT, Wayne
Gresham/HOU/ECT@ECT, Jenny Helton/HOU/ECT@ect, Twanda Sweet/HOU/ECT@ECT,
Stuart Zisman/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Barton
Clark/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Karen E Jones/HOU/ECT@ECT,
Kimberlee A Bennick/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, David
Portz/HOU/ECT@ECT, Chris Gaffney/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Linda J
Simmons/HOU/ECT@ECT, Chaundra Woods/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT,
Roger Balog/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Eric
Gillaspie/HOU/ECT@ECT, Jan M King/HOU/ECT@ECT, Jenny Helton/HOU/ECT@ect, Mary
Ogden/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Janette Elbertson/HOU/ECT@ECT
cc:
Subject: Procedures for Equity, Partnership and LLC Acquisitions

Please see attached memo regarding procedures for equity, partnership and LLC
acquisitions.  Deb


FYI.  Looks like this is moving along.  I'll get this folks what they need
and let you know how it's going.
Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/20/2001 03:48 PM -----

	Kurt Lindahl@ENRON_DEVELOPMENT
	04/19/2001 01:13 PM

		 To: Jeff Dasovich@EES
		 cc: Michael McGarry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: California Interstate Pipelines

Jeff,

My name is Kurt Lindahl.  I recently joined Enron Global Markets on the LNG
team.  I'm the Lead Developer for the West Coast and have been charged with
building a (several) LNG terminal(s) on the west coast.  Michael McGarry,
from Enron Engineering and Operational Services Company, is the lead
Development Engineer on the project.

A key question in this effort is, "Where is the best entry point into the
Socal/SG&E/PG&E pipeline systems.  In other words, where can we site a LNG
terminal and deliver natural gas into their systems, such that the amount of
facilities they require is minimal?  I spoke with Ben Asante who heads up the
optimization department in ETS.  He said that if we could get annual flow
diagrams for the California intrastate systems, he could prepare a model in
about 2 weeks time.  Interstate pipelines have to file Annual Flow Diagrams
at FERC, but I'm not sure what Intrastates' are obligated to file with the
CPUC?  That's where I need your help.  This is a hot subject, because the
race to site an LNG terminal is intense.

Could you please call me at 713 345 5044 (O) or 713 515 2759 so that we can
discuss.  We want to keep this effort very confidential, so please maintain
secrecy.

I will also want to talk to you about permitting and state approvals.

Regards,

Kurt Lindahl


---------------------- Forwarded by James Derrick/Corp/Enron on 12/12/2000
05:46 PM ---------------------------

krchoi@sk-enron.com on 12/12/2000 03:23:29 AM
To: chochais@sk-enron.com, dkinder1@enron.com, jjyu@skcorp.com,
lee4009@skcorp.com, ykykim@skcorp.com, James.A.Hughes@enron.com,
James.Derrick@enron.com, Christopher.B.Hunt@enron.com
cc: adorazi@enron.com, jhkim@sk-enron.com, rtio@enron.com,
yhmoon@sk-enron.com, solee@sk-enron.com, yspark@sk-enron.com,
sjhwang@skcorp.com, Bonnie.Nelson@enron.com, sdk@sk-enron.com,
david.lam@sk-enron.com, jssuh@sk-enron.com

Subject: SK-Enron BOD meeting

Choi Kap Ryong/HR & Admin Team
2000-12-12 05:07 PM
?I 789-6764

Dear Directors and Auditors:

We would like to rearrange the next BOD meeting schedule.
As you know, the BOD decided to have the next BOD meeting on Feb. 8th, 2001.
However, we think it is difficult to have the next BOD meeting on that date
because of preparation of financial statement.
Please understand that subsidiaries' financial statement should be
consolidated
prior to SK-Enron's financial statement and this process is our main concern.
Considering this situation, we suggest to have the next BOD Meeting at 2pm on
Feb. 20th, 2001. in Houston.
And meeting place in Houston will be notified you when it is determined.
If you are uncomfortable with this schedule,
please let us know so that we can arrange it again.

Sincerely yours,

K.R.Choi


Make sure you get our trades updated into Fred's midmarket results for
August. Thanks. Per


Please let me know if the attached guaranty is identical to the original
incoming guaranty in the other Merrill file.  We're trying to execute today
or tomorrow.
----- Forwarded by Sara Shackleton/HOU/ECT on 06/12/2000 01:42 PM -----

	"Akhtar, Kasar (GED Legal-NY)" <kakhtar@exchange.ml.com>
	06/12/2000 12:09 PM

		 To: "'sara.shackleton@enron.com'" <sara.shackleton@enron.com>
		 cc:
		 Subject: Guarantee to the ISDA Master Agreement

Please find attached the Guarantee to be provided by our parent Merrill
Lynch & Co Inc., with respect to the ISDA Agreement currently in negotiation
between our respective institutions. If you require any further assistance
please contact me.

 <<guarantee_mli.doc>>

Best Regards

Kasar Akhtar
Telephone: 212 449 7482
Facsimile:  212 449 2615
e-mail:    kakhtar@exchange.ml.com

 - guarantee_mli.doc


---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 01/11/2001
11:26 AM ---------------------------

	From:  Jeffrey A Shankman                           12/29/2000 10:40 AM

To: Gary Hickerson/HOU/ECT@ECT
cc:
Subject:

For the roundtable:

Gas:  John Arnold, Phillip Allen, Mike Grigsby, maybe Hunter Shively
Pwr:  Fletch Sturm, Rogers Hearndon, maybe Kevin Presto
Oil:  John Nowlan, Bill White, maybe Adam Gross
Coal/Emissions:  Kevin Mcgowan
Equities:  Gary Hickerson, Michael Bradley
Other:  Vince Kaminski, Jen Fraser

Have I left anyone off?  What do you think?


Louis,

I will include the "Contract Type" on the Demand Log for each of the counterparties listed below.

Susan
 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, March 05, 2002 11:15 AM
To:	Bailey, Susan
Subject:	FW: Contract Type Request

fyi

 -----Original Message-----
From: 	Dicarlo, Louis
Sent:	Tuesday, March 05, 2002 9:35 AM
To:	Shackleton, Sara
Cc:	Bridges, Michael; Garza, Maria
Subject:	Contract Type Request

We are attempting to complete the missing information on our spreadsheet.  To that end, below are live CPs that have been reviewed for the purpose of sending demand letters.  However, because they are live we cannot determine what type of contract they have.  (Our source for this information has been the Master Terminated Log.  These CPs are obviously not included therein.)

Please provide next to each CP below the contract type.

COUNTERPARTY:				CONTRACT TYPE
Texaco Natural Gas Inc.
Select Energy, Inc.
Nevada Power Company
Johns Manville International, Inc
Stone Energy Corporation
Clinton Energy Management Services, Inc
Florida Power Corporation
Imperial Holly Corporation
Old World Industries, Inc.
Rochester Gas & Electric Corporation
Navajo Refining Company
Coast Energy Group, a division of Cornerstone
Cross Oil Refining & Marketing, Inc.
Kern Oil & Refining Co.
U.S. Brick Company
Municipal Gas Authority Of Florida
TRC Operating Company, Inc.
Lauscha Fiber International Corp.
Whirlpool Corporation
Central Illinois Light Company
EOTT Energy Partners LP
Tri-State Generation and Transmission Association, Inc.
Scana Energy Marketing, Inc.
AIG Commodity Arbitrage Fund Limited
AIG Commodity Arbitrage Fund LP
TotalFinaElf Gas & Power North America, Inc.

Thank you for your support.

Louis R. DiCarlo
ENA Gas Structuring
Phone: 713-345-4666
Email: louis.dicarlo@enron.com


Rod, per your request, attached is an analysis to use in your discussion
tomorrow with Stan Horton regarding PGG's expected financial results for Q3.
More specifically, I laid out a plan as to how we might cover our current
overview gap of $19.5m (IBIT) from where our latest forecast came out.  As you
will see, several of these items will need to get AA&Co buy-in (items noted as
either Accouting Changes or Changes in Management Position).  I think we have
a good case for all of these, but we still need to go through the process with
them at the appropriate time.

In addition, I've note "Other Risks/Opportunities" for the quarter that could
have significant impacts on our ultimate results.  We will keep an eye on
these and manage them as appropriate.  We'll also try to keep you updated on
these as we progress through the Qtr.

Let me know if you have any questions.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001
03:10 PM ---------------------------

Zimin Lu
05/02/2001 01:41 PM
To: Paulo Issler/HOU/ECT@ECT
cc:  (bcc: Vince J Kaminski/HOU/ECT)
Subject: Re: Asian Option for Pavel

Our convention is whoever finalizes the model should write the
documentation.  It does not make sense
to write one when changes are anticipated.  You have been working on this
almost a year, it never
strikes you that we need a documentation ?

I created Exotica.xll, does that also give you an excuse not working on
Exotica documentation ?

Zimin

Paulo Issler
05/02/2001 11:52 AM
To: Zimin Lu/HOU/ECT@ECT
cc: Tai Woo/ENRON@enronXgate @ ENRON, Pavel Zadorozhny/Enron@EnronXGate
Subject: Re: Asian Option for Pavel

I am surprised that we do not have the documentation ready.
I can make that for you. It is not there because you did not put that
together by the time it was created and all the changes I have made did not
required changes on the functionality.
Paulo Issler

Zimin Lu
05/02/2001 11:29 AM
To: Tai Woo/ENRON@enronXgate @ ENRON, Paulo Issler/HOU/ECT@ECT
cc: Pavel Zadorozhny/Enron@EnronXGate
Subject: Re: Asian Option for Pavel

Tai Woo,

Here are the c-codes for the CrudeAPO.  'Sig' is the spot
volatility meaning the price volatility within the delivery period.
You should consult  with Pavel for the definition of this "extra"
parameters.   We
would like to see the Position Monitor once you get it running.
We might have some additional suggestions.

Paulo,

Why don't we have a documentation on CrudeAPO you worked on ?
I can not find it in Exotica help file.   Please supply that to Tai, thanks.

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

From: Tai Woo/ENRON@enronXgate on 05/02/2001 09:55 AM
To: Paulo Issler/HOU/ECT@ECT
cc: Kara Maloney/ENRON@enronXgate, Zimin Lu/HOU/ECT@ECT
Subject: Asian Option for Pavel

This morning, Zimin told me that Pavel is using a special model in evaluating
his Asian option portfolio.
He asked me to talk to you in order to access to the code so that I can see
the difference made to the model.

As I cannot find the doc. describing this model, please tell me what that new
input parameter 'Sig' is.

Thanks,


Hey, my vote's in!  As soon as I was aware of the voting, I dropped what I
was doing and cast my vote for the most deserving person, Anthony
Campos-----I mean, Tana Jones.

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net

	Tana Jones@ECT
	08/15/00 01:49 PM

		 To: Marie Heard/Enron Communications@Enron Communications
		 cc:
		 Subject: It's that time again...!

I do believe if I got just one more vote for the Chairman's Award this year,
I just might double my tally of last year (one vote).  With such an increase
in my voter approval rating I just make have a landslide victory this year!

The White House may become an option...


Trevor and Michael,

FYI - Here is some additional information on Bush Administration appointees.  Please let me know if you have any questions.

-Lisa

---
Nominees to get approved by EPW this week
Nominees for several key environmental positions received few questions at a confirmation hearing last week, and approval by the Environment and Public Works Committee this week is expected to come as easily. Rescheduled due to the Sept. 11 terrorist attack, testimony and statements at the confirmation hearing reflected the need for quick work in getting the nominations done in light of other problems now faced by Congress.
Senate Environment Committee Chairman Jim Jeffords (I-Vt.) said the committee will meet Tuesday to vote on the nominations. At the markup, the panel will also consider a bill on methyl tertiary butyl ether (see related story).
Nuclear Regulatory Commission nominee Nils Diaz received direct questioning from Jeffords on what will now be done regarding nuclear security concerns relative to other possible terrorism threats.
Diaz, who has been nominated to be NRC commissioner, said the commission has always been concerned about security issues and will continue to look at nuclear plants' safety. He said it would be difficult for terrorists to damage plants at this point, but nothing is fool-proof.
"I assure you that if confirmed, I am going to make this one of my top priorities," Diaz said.
Diaz previously served as an NRC commissioner from August 1996 until his term expired this year, and President Bush nominated him for the post again.
Representatives of Friends of the Earth (FOE) passed out papers outlining their concerns with Bush's nominee for the Interior Department's assistant secretary for fish, wildlife and parks -- Harold Manson.
If confirmed, Manson would oversee the Fish and Wildlife Service and National Park Service, both of which have significant maintenance backlogs. Manson, who would be the first African American to serve in that position, has been a judge in the California Superior Court since June 1998. From 1993 to 1998, he served as general counsel for the California Department of Fish and Game, and before that, outside counsel for the California Department of Conservation.
Kristen Sykes, FOE's Interior Department watchdog, said that Manson's record with implementation of California's Endangered Species Act as well as involvement with land developers are just some of the reasons the group objects to the nomination.
FOE also has concerns over Mike Parker, nominated to be the assistant secretary of the Army for civil works. If confirmed by the full Senate, the former congressman would be the head of the U.S. Army Corps of Engineers.
Parker was elected to represent Mississippi's 4th District in 1988 as a Democrat and switched to the GOP in 1995. He gave up his seat to run for governor in 1999 but narrowly lost to Democrat Ronnie Musgrave. Parker's selection has been highly regarded by Senate Minority Leader Trent Lott (R-Miss.) but has been greeted with caution by environmental groups.
FOE issued a letter highlighting Parker's actions in Congress, claiming that Parker engaged in attempts to "gut" the Clean Water Act and "ridiculed" fish restoration programs.
Other nominees include Marianne Lamont Horinko to be the Environmental Protection Agency's assistant administrator for solid waste. Horinko said she will be looking at how to prioritize the Superfund budget and programs as well as ways to promote recycling.
Earlier this month, Donald Schregardus, the former director of the Ohio EPA, ended his bid to serve as EPA's assistant administrator for the Office of Enforcement and Compliance Assurance (see the 9/20 Environment and Energy Daily.)
Mary Peters, Bush's nominee to head the Federal Highway Administration, also testified. If confirmed, Peters would oversee a $30 million budget and would take over just as the Senate prepares to launch hearings on the next transportation authorization bill. The current law, the Transportation Equity Act for the 21st Century, expires in 2003. Peters has been director of the Arizona Department of Transportation, an agency with 4,800 employees and a $3 billion budget, since 1998.

Lisa Jacobson
Enron
Manager, Environmental Strategies
1775 Eye Street, NW
Suite 800
Washington, DC 20006

Phone: +(202) 466-9176
Fax: +(202) 331-4717


Sara-

An agency agreement has been contemplated between Tokyo and Houston.  I
believe it would be best to have Susan Musch advise on this issue, as she is
handling the tax aspects relating to these activities and was also involved
in the arrangements between Sydney and Houston.  I have copied Susan on this
correspondence.

As to the netting issue, please confirm my understanding, that the issues
are; (i) that we do not want different Enron entities (i.e. Enron Japan Corp.
and ENA) entering into ISDAs with the same Japanese counterparties; and (ii)
that if Enron Japan Corp. is transacting with a bank, with which ENA has an
ISDA in place, we would amend such existing ISDA to cover the multibranch
situation.

I have not yet had detailed discussions with Mark regarding the issues you
have raised.

Best regards,

John

	Sara Shackleton@ECT
	08/28/2000 10:48 AM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Madhur Dayal/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 Subject: Enron Japan agreements (ISDA/futures/brokerage)

John:  I just wanted to stay in the loop for Japan as to Gary Hickerson's
FX/rate/equity counterparties.  My understanding from Gary is that  EGM
(through ENA) will continue to hedge the business originating in Japan,
subject to tax and any regulatory input.  I don't know if this has
necessitated an agency arrangement  between Japan and Houston (or another
office, similar to London or Australia).  Also, for netting reasons, Japan
would not duplicate existing counterparty  ISDA's with ENA, and to the extent
Japan is transacting with a bank having an agreement with ENA, we could amend
the agreement for multibranch purposes if necessary (e.g., Bank of Montreal
if the bank is transacting from multiple locations that need to be added to
ENA's agreement).

Please advise if you have already had these discussions with Mark Taylor.  I
look forward to hearing from you.  Sara


Margaret,

No, I don't have this information. Maybe somebody at  Calgary office
or CERA will have this info?

I cc this message to Chris Calger in Calgary. Maybe he can point out to the
right source.

Vince

Margaret Carson@ENRON
05/11/2000 12:59 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Rob Bradley/Corp/Enron@ENRON
Subject: STATS ON CANADA NEEDED FOR KEN LAY TALK DUE MONDAY

Do  you have  a source of  what Canadian industrials  and residentials  paid
for their natural  gas   in   1999  vs  what they paid in   1985  (  eek)
in nominal terms..???
We have the  demand  side  but  OECD  data  I have   only  goes to 1990  and
1998...  Help   I owe you BIG TIME
Margaret


All:
Please verify if you still use your home Nortel VPN access.

Thank you,

Chrissy Grove
Network Security
 713.345.8269


Have you had a chance to review Reliants comments.

thanks
brant

 -----Original Message-----
From:  Reves, Brant
Sent: Monday, March 05, 2001 7:53 AM
To: Nemec, Gerald
Cc: Mihalik, Trevor
Subject: FW: gty status

Here are Reliant's comments.

thanks
brant

 -----Original Message-----
From:  mwong@reliantenergy.com@ENRON
[mailto:IMCEANOTES-mwong+40reliantenergy+2Ecom+40ENRON@ENRON.com]
Sent: Friday, March 02, 2001 4:38 PM
To: Reves, Brant
Subject: RE: gty status

Mark W Wong
02/27/2001 11:07 AM

To:   brant.reves@enron.com
cc:

Subject:  Re: Comments to guaranty formats

(See attached file: ENE-JV Guaranty Format.doc)
(See attached file: TEX-JV Guaranty Format.doc)
 - ENE-JV Guaranty Format.doc
 - TEX-JV Guaranty Format.doc


Dear John,

I had a meeting with Phillip after our morning discussion about P&L and it
seems that there may be some issues regarding how I run my book.  It was my
mistake about whether or not the put options for April Socal were booked
properly.  The options were booked properly by Larry May and my Book runners
and the profit was realized for 03/08.   My apologies for declaring that the
options were not in my position.  Also, the tolls curves are not treated as
schedule C.  I will adjust the tolls curves to account for basis curveshift
as needed.  My P&L did not match the Socal position because of physical index
curveshift and an adjustment to transport.

The discussion and feedback from Phillip regarding your conversation with him
concerns me.  I am confident that I run the most accurate physical and
financial trading book within Enron.   I will stand on the fact that no one
within the market has a better understanding of his/her position better than
I.  The physical/financial risk in my book is managed to a standard not seen
at Enron since I have been here.   Few people realize the great lengths I go
to to manage the risk in the IM West trading book.

I am transitioning from my role as a trader on the west desk to one that it
is responsible for communicating with you directly.  Let's get together and
discuss exactly what my responsibilities to you will be going forward.   It
may be that I relied to heavily on my subordination to Phillip Allen up until
this point.  This may have contributed to my miscommunication with you.  I
will see that this will not happen in the future.  Thank you for all of my
added responsibilities.

Sincerely,
Mike Grigsby


Good Morning Sara and Kaye,

The following information is what we received from Samantha's family/pastor
last night.

There will not be a wake for Taylor, however, there will be a viewing
tomorrow, Thursday, March 22, 2001 at 10:00 a.m. and funeral services will be
held at 11:00 a.m. at Greater Pure Light, MBC.  Directions (from downtown)
are as follows:

Take 59N to Laura Koppe.  Take the Laura Koppe exit and make a right on Laura
Koppe.  Take Laura Koppe to Homestead.  Make a left on Homestead and a quick
right on Kelburn.  The address is 8802 Kelburn.

Samantha's Pastor (Pastor Broussard) informed us last night that due to the
fact that the adoption had not been finalized, Taylor was not covered by any
form of insurance.

FYI:  Just in case you don't know, Samantha's husbands's name is Twalure Boyd.

Erica S. Braden
Sr. Administrative Assistant
Enron Broadband Services - Legal
(713) 853-6666
erica_braden@enron.net


This is what we executed yesterday,
----- Forwarded by John J Lavorato/Corp/Enron on 01/19/2001 08:29 AM -----

	Jeffrey C Gossett@ECT 01/18/2001 06:19 PM 	   To: Jean Mrha/NA/Enron@Enron, John J Lavorato/Corp/Enron@Enron  cc:   Subject: Schedule C Nap. Pad Gas

Napoleonville Pad Gas:

$3,000,000	4th quarter 2000
$1,000,000	Jan.  18th
$1,302,036	Schedule C

Jean -  Let me know if you need additional documentation.


All,

John Lavorato has requested your attendance every other Wednesday as listed
below.      Each desk head will give an approx 1.5 presentation on their
respective areas.      Please mark the below in your calendars.       If at
any time there is a change in the presenter I will notify you.

If you have any questions please let me know.

Rgds,

Karen
x54667

Room:  32C2
Time:  4 - 6 pm.

Wednesday, April 18th  Allen, Philip
Wednesday, May 2nd  Arnold, John
Wednesday, May 16th  Davis, Dana
Wednesday, May 30th  Gilbert-Smith, Doug
Wednesday, June 13th  Grigsby, Mike
Wednesday, June 27th  Martin, Thomas
Wednesday, July 11th  Neal, Scott
Wednesday, July 25th  Presto, Kevin
Wednesday, Aug 8th  Herndon, Rogers
Wednesday, Aug 22nd  Schwieger, Jim
Wednesday, Sept 5th  Shively, Hunter
Wednesday, Sept 19th  Sturm, Fletcher


I looked into the proposed tax cut by George W. Bush.  On his website he
proposes a $460 billion tax cut over five years.
 The $213 billion "energy tax" imposed  from 1999 to 2001 by higher energy
prices, is roughly half of Bush's proposed tax cut.

Maureen


It looks good. By the way, we have had dealings with Carter Mathes before.

	Gerald Nemec
	08/31/2000 01:40 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Wildhorse Letter

Any comments you may have would be appreciated.  I need to get this out by
tommorrow.  Thanks.

----- Forwarded by Gerald Nemec/HOU/ECT on 08/31/2000 01:39 PM -----

	Gerald Nemec
	08/31/2000 12:15 PM

		 To: Dan J Bump/DEN/ECT@Enron, kckrisa@apex2000.net, Mark Whitt@ECT,
ccarver@alfers-carver.com
		 cc: Joan Quick/HOU/ECT@ECT, Scott Josey/Corp/Enron@ENRON, Teresa G
Bushman/HOU/ECT@ECT, Arvel Martin/HOU/ECT@ECT, Barbara Gray
		 Subject: Wildhorse Letter

Attached is a letter to Wildhorse concerning curtailment of the Dakota
Production.  Please review and provide comments asap.


Begining 6/4/01 most North American Gas and Power quotes will be displayed on and transactable from the TRUEQUOTE trading platform. Please call me if you have any questions or need more information. Thanks.

Savita
X31787


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


We have dinner reservations for Saturday at 7:30.  Reservation #189.


Please note that we are in a dispute with Enage Energy US, LP with respect to
power trading, and they are shut down for power trading only until such
dispute is resolved.  I have already confirmed this with Stephanie.


you hate decisions


Jeff,

Did you allow me access to all gas reports on Executive reports viewer?  Let
me know.

Thanks,
Mike Grigsby