Hello Toni:

The Research Group would like to bring Bruce R. James in for an exploratory
interview sometime next week (June 26 - 30).

The individuals who would be interviewing him are:

Vince Kaminski   Managing Director
Stinson Gibner   Vice President
Grant Masson   Vice President
Vasant Shanbhogue  Vice President
P. V. Krishnarao   Director
Zimin Lu   Director
Tanya Tamarchenko  Manager

Please ask Bruce to give you several dates within next week that would
accommodate him and we can coordinate his dates with Vince's schedule
and the schedules of the rest of the group.   Just call me when you have some
dates and times.

His resume is attached.


Tana,

The WAPA would like to know if there is any more  information that they need
to provide.  Would you please check if there are any serious legal issues
with their application?

Also Doug Helleckson (406-247-7383) mentioned that he would like to add
language to the PA, where it says..."This Password Application will be
governed by and construed in accordance with the laws of the State of New
York. "  They want to add, "...and also the Federal Government".

Thanks,

Noel


Following are two issues that are currently being debated to which I am
requesting feedback in order to submit an Enron position prior to the
Steering Committee being held this week.

Planning:  Parties are lobbying language to disclose all planning projects
permitting anyone to join provided the interested party pays the incremental
cost i.e. TO #1 wants to build a 2000 MW Kv line and maintain rights to all
2000 MW, TO #2 wants to increase the lines capability by 400 MW and retain
rights to all 400 MW.  In this scenario, TO #2 would have to pay all costs
associated with upgrading the line.  The argument is that in an RTO world
this scenario is irrelevant, however, I see this as a potential seams issue.

ADR:  Parties are lobbying to change language from mandatory binding
arbitration with limited appeal to FERC TO mandatory binding arbitration only
if both parties agree with the ability to bypass and go directly to FERC.
(All entities with the exception of SWRTA currently enforce the former.
SWRTA additionally has a provision that calls for a pre-arbitration peer
review.)

FYI:  Class definitions are such that WAPA qualifies for membership in only
one class and the regions do not fit the affiliate definition.  Therefore, if
each region wants to join and have one vote per region in said class, they
must each pay $5000 and the larger entity must pay the net energy to load
ratio of total load with the larger region collecting pro rata compensation
from the other regions.

Any comments you have are appreciated.

Marcie


I sent an email to Phillip as well.  We will find out.


Looks rather impressive.

Good job.

Regards
Delainey


16:57:56 Synchronizing Mailbox 'Perlingiere, Debra'
16:57:56 Synchronizing Hierarchy
16:57:56 	   1 folder(s) updated in offline store
16:57:56 Synchronizing Favorites
16:57:56 Synchronizing Folder 'Inbox'
16:57:56 Synchronizing Folder 'Outbox'
16:57:56 Synchronizing Folder 'Sent Items'
16:57:56 Synchronizing Folder 'Calendar'
16:57:56 Synchronizing Folder 'Contacts'
16:57:56 Synchronizing Folder 'Drafts'
16:57:56 Synchronizing Folder 'Journal'
16:57:56 Synchronizing Folder 'Notes'
16:57:56 Synchronizing Folder 'Tasks'
16:57:56 Synchronizing Folder 'Deleted Items'
16:57:56 Synchronizing Views
16:57:56 Synchronizing Forms
16:57:56 Done


Please be advised that the Eastrans delivery off HPL will not be ready until
2/3
at the earliest.

Please 0 the nominations to Eastrans at #04604902 for 2/1 and 2/2.

Also, please 0 the nomination to P G & E for 2/1 and 2/2 at the Carthage
tailgate.

The 8,500 MMBtu/d from Fuels Cotton Valley #986462 will flow for the 1st  and
2nd.
Therefore, the only nomination in place will be from Fuels Cotton Valley,
which will be a sale.  We are assuming a price of HSC - $.05.


Per your request.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/20/2000 05:47
PM ---------------------------

Kay Mann
12/11/2000 07:26 AM
To: david.onuscheck@us.abb.com
cc: ccobb@akllp.com, pthompson@akllp.com

Subject: Attached Files

Here's a good place to start.  I'm including a memo from Andrews & Kurth, our
outside counsel who drafted the form.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 07:24
AM ---------------------------

"Cobb, Chris" <chriscobb@akllp.com> on 11/15/2000 07:23:02 AM
To: <kay.mann@enron.com>
cc: "Thompson, Peter J." <peterthompson@akllp.com>

Subject: Attached Files

Attached please find the ABB Form Transformer Purchase Agreement with
our comments removed and placed in a memorandum, which is also attached.

 <<memo to Kay Mann re: drafting comments on ABB Agreement.DOC>>  <<ABB
Power T&D Company Form Transformer Purchase Agt..DOC>>
 -  drafting comments on ABB Agreement.DOC
 - ABB Power T&D Company Form Transformer Purchase Agt..DOC


_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp

 - 10-22 0700 Report.xls


Susan and Samantha:
Who has inherited this file from Susan?  I have a mrk-up based on comments
that I have been discussing with thier counsel that I need to give to someone.
Carol


To: Sandra McDonald@ECT, Ozzie Pagan@ECT, Jason Weisepape@ECT
cc:
Subject: Austin Energy Cap Cost

Sandra

Attached is our best guess at a likely EPC cost - full disclosure on our
margin(profit) guess. I added gas compression per Janet's note - I still
think we should pitch this without compression and add it if we need to. I
think that is Charles' plan also. Has Jim heard anything from Lone Star????

Jason - I can't get Billy's address to work through email - would make sure
he gets a copy???

gracias
Bruce


Thank you.  Congratulations.


we are struggling through we have elp from a lady Loretta.  Please help Dave tomorrow (if you are well enough to come back)

 -----Original Message-----
From: 	"Tammie Schoppe" <tschoppe@houston.rr.com>@ENRON
Sent:	Monday, October 15, 2001 12:38 PM
To:	Kitchen, Louise
Subject:	Re:

Yes I will do that right now.

Oh my goodness-I can't believe that about Tina.  She was complaining on
Friday about a pain she was having in her chest and I told her she better
get that looked at.  When I get into the office tomorrow I will grant me
access to Dave's calendar and take care of him.  Is he doing okay today?
----- Original Message -----
From: <Louise.Kitchen@enron.com>
To: <tschoppe@houston.rr.com>
Sent: Monday, October 15, 2001 12:35 PM
Subject: RE:

> I'm fine - don't worry.  Can you send a note out to all assistants making
> sure they all get the money back from AStros playoff tickets.
>
> Tina very ill in St Lukes Emergency Room with possible heart attack.
>
>     -----Original Message-----
>    From:   "Tammie Schoppe" <tschoppe@houston.rr.com>@ENRON
>    Sent:   Monday, October 15, 2001 12:29 PM
>    To:     Kitchen, Louise
>    Subject:
>
>
>    Hi Louise,
>
>    I apologize for being out today-I hope you are okay  with it.  I've
been
>    really sick to my stomach since yesterday afternoon and  can't manage
to
>    stay out of the bathroom.  If you need anything please let  me know.
>
>    I hope you had a good weekend.
>
>    Tammie
>
>
>
> **********************************************************************
> 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.
> **********************************************************************


Dan--

Please check the attachments; I believe you may have inadvertently attached
Petrogulf redlines instead of Yates...Thanks!

Dan
---------------------- Forwarded by Dan J Bump/DEN/ECT on 10/15/99 11:56 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Dan J Hyvl @ ECT                           10/15/99 10:37 AM

To: Dan J Bump/DEN/ECT@Enron
cc:
Subject: Yates agreements attached

Dan,
 Please review the attached and call me if you feel that we should
incorporate some of the other items which Yates requested in the next draft.
I have enclosed a red-lined version showing changes and a clean copy of each
agreement.


If you haven't already heard....due to our nations current situation THE FSU GAME VS. GT HAS BEEN POSTPONED UNTIL DEC 1ST!

See you next week at SRO for the NC game!

Maureen Garrett
Attorney at Law
2727 Allen Parkway, Suite 1400
Houston, Texas 77019


Dear Sara,

If you haven,t already done so, your deadline to open and fund your IRA for
2000 is just a few weeks away!  If you haven,t made plans for your 2001 IRA,
now is also a great time to consider opening a monthly ShareBuilder No Fee
IRA so that it funds automatically from now on.

SET UP AN IRA TODAY
You can open a  No Fee IRA entirely online at
http://www.sharebuilder.com/sharebuilder/account/index.asp and build your
portfolio by making automatic, recurring dollar-based investments.
Importantly, ShareBuilder IRAs have no account or investment minimums, and no
annual fees!  Simply set up a monthly plan that fits your budget.

Even if you already have an IRA, you should consider opening a supplemental
ShareBuilder IRA because of the unique monthly investing feature.  The beauty
of our automatic funding method is that unlike your current IRA, it lets you
program $166 each month to be automatically deducted from your checking
account or payroll, giving you the ability to continuously invest throughout
the year.  You,ll be dollar-cost averaging, so the annual IRA rush will be
one less thing for you to worry about at tax time.

For most people, an IRA is one of the smartest ways to save for their
retirement.  But not everyone has $2,000 to invest in one lump sum prior to
the tax-filing deadline.  This is the only No Fee IRA that lets you
automatically build a retirement portfolio made up of individual stocks at
$166 a month.  Go to
http://www.sharebuilder.com/sharebuilder/account/index.asp to open an Account.

RETIREMENT PLANNING IS EASY
While we offer several choices, most of our customers are using the Roth IRA
alternative.  You can visit the ShareBuilder Investor Education Center to
learn the difference between a Traditional and Roth IRA, as well as get some
tips on to how to diversify your portfolio.  We can help you determine how
much you,ll really need to invest for a comfortable retirement and how to
estimate your retirement expenses.  The sooner you get started, the sooner
your money can start working for you!  Visit
http://www.sharebuilder.com/sharebuilder/research/investor_ed/articles/index.a
sp?topic=2 to start planning your future.

There are only about four weeks left for your 2000 IRA, so if you haven,t
done it yet, open an account this week.

Best regards,

Jeff Seely
President and CEO

P.S.  You are receiving this email because you have a  Account setup with
us.  You may unsubscribe, update or change your e-mail preferences, by
visiting the Account section at
http://www.sharebuilder.com/sharebuilder/account/index.asp.

Copyright 1999-2001 ShareBuilder Securities Corporation, a registered
broker-dealer and Member NASD/SIPC, and a subsidiary of Netstock Corporation.
ShareBuilder is a trademark of Netstock Corporation. Patent Pending.  This
email was sent to:  sshackl@ect.enron.com


----- Forwarded by Steven J Kean/NA/Enron on 03/02/2001 12:45 PM -----

	<FREETRIAL@ptvnews.net>
	03/02/2001 06:00 AM

		 To: <skean@enron.com>
		 cc:
		 Subject: FREETRIAL - Enron Corporation News Alert:
KEANSTEVEN_J_ENRON_COPORATIONS 9 new stories.

News Alert
Each business day, Power Television will send to you by email a listing of
the news your company has made from television stations across the Unites
States. Over 100 local media markets and 20 networks will be monitored by our
service at NO COST to you.
Each headline will allow you to link to a text transcript of the news story.
If the story is of significant interest, a video clip can be ordered online
as well.
As a way to introduce our innovative new service, you will be able to view
text transcripts for free. After a week,s trial, the news notifications will
be delivered to you at no cost but if you would like to view actual text
transcripts of news stories there is a nominal $9 per view cost. VHS tapes
can be ordered for $95 plus shipping. Our goal is to provide an online
alternative to the costly traditional television monitoring and clipping
services.

The following stories have been posted to your KEANSTEVEN_J_ENRON_COPORATIONS
account for the Enron Corporation search: 2001-02-28 22:27:50 NBC
Tyler/Longview (Lufkin/Nacogdoches), TX
DREW-OVER 3-MILLION FANS LAST-SEASON TO ENRON-FIELD.. . BUT THEY WON'T
205.252.166.40/user/view_notify.asp?id=4568113505786667

2001-03-01 05:06:27 NBC Miami/Ft. Lauderdale, FL
USE IT. >> REPORTER: TEXAS-BASED ENRON IS SEEKING ZONING APPROVAL FOR
205.252.166.40/user/view_notify.asp?id=53748681125447378

2001-03-01 06:04:35 NBC Miami/Ft. Lauderdale, FL
TOLERATE IT. I KNOW THAT ENRON IS A BIG POWERFUL INTERNATIONAL
205.252.166.40/user/view_notify.asp?id=84121848908285

2001-03-01 17:18:49 NBC Houston, TX
A LOOK AT NUMBERS FROM ENRON. NORTH ZULCH, THIRD INCH RAIN.
205.252.166.40/user/view_notify.asp?id=3386813082573738

2001-03-01 18:59:06 CNN National
ENERGY CRISIS? WE''LL TALK TO ENRON LEADER, THIS COMPANY WAS SHOWING
205.252.166.40/user/view_notify.asp?id=6488459085275673137

2001-03-01 19:12:10 CNN National
CRISIS, A ONE-ON-ONE INTERVIEW WITH ENRON''S CHAIRMAN, AND EARNINGS WARNINGS,
LABOR
205.252.166.40/user/view_notify.asp?id=347908645437171

2001-03-01 19:17:45 CNN National
POWER CRISIS COULD GET WORSE, ENRON''S CHAIRMAN, KENNETH LAY, WHEN
"MONEYLINE"
205.252.166.40/user/view_notify.asp?id=84745887908768823133

2001-03-01 19:20:00 CNN National
AGREES, KENNETH LAY, CHAIRMAN OF ENRON, THE LARGEST BUYER AND SELLER
205.252.166.40/user/view_notify.asp?id=62685845444641885

2001-03-01 19:23:55 CNN National
OVER THE PAST 52 WEEKS, ENRON HAS DROPPED 24% FROM ITS
205.252.166.40/user/view_notify.asp?id=356113625218146

Power Television offers a daily news notification service free of charge.
Costs are only incurred when viewing text transcripts, ordering VHS tapes or
when a link is forwarded and a new user who views a transcript.

Please alter my news alert

Please add an email addresses to this news alert

Please remove me from your free service

If you have any questions, please call 1.888.628.9191 or inquire online at
www.ptvnews.net
Disclaimer: Material supplied may be used for internal review, analysis or
research only. Any editing, reproduction, publication, rebroadcast, public
showing or public display is forbidden and prohibited by copyright laws.


> A Man, His Wife And The Cop
>
> A man seeing flashing red and blue lights in his rear view mirror
> pulls to the side of the road.  A minute or so after coming to a
> stop, a police officer approaches the car.
>
> The man says, "What's the problem officer?"
>
> Officer: You were going 75 miles an hour in a 55 mile an hour
> zone. I'm afraid I'm going to have to ticket you.
>
> Man: No sir, I was going a little over 60.
>
> Wife: Oh, Harry. You were going at least 80!  [The man gives wife
> dirty look.]
>
> Officer: I'm also going to give you a ticket for your broken tail
> light.
>
> Man: Broken tail light?  I didn't know about a broken tail light!
>
> Wife: Oh Harry, you've known about that tail light for weeks!
> [The man gives his wife another a dirty look.]
>
> Officer: I'm also going to give you a citation for not wearing
> your seat belt.
>
> Man: Oh, I just took it off when you were walking up to the car.
>
> Wife: Oh, Harry, you never wear your seat belt!
>
> The Man turns to his wife and yells, "For cryin' out loud, can't
> you just shut up?!"
>
> The officer turns to the woman and asks, "Ma'am, Does your
> husband talk to you this way all the time?"
>
> Wife says, "No officer, Only when he's drunk."
>
>
>
>
>


Hey Guz, just trying to touch base before you leave. What time are you
flying in tomorrow am or pm?  Let me know so I can figure out what time to
come out to meet you and Burns.  I get off at 4:30 on Wednesday so i was
thinking that I would just cruise out there right after work but that is
sort of why I need to know what time you are flying in.  wednesday is the
best day for me to come out but if need be I can skip my soccer game on
Thursday and come out.  Fill me in on the details and give me a number where
I can reach you.  Make sure that you bring my cell phone number with you so
that you can get a hold of me when you get in town.  Have you talked to
Burns to figure anything out yet. Let me know!!
See you soon, lot so love, kim
Call me sometime today if you get a chance or else I will call your cell
from later today!!
Cheers, little woody!!
(925) 487-6195 cell
(925) 846-9423 home
______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com


OUTLOOK EMAIL NOTIFICATION

Your Date of Migration is: May 14th

YOU WILL BE UNABLE TO SEND E-MAIL unless you take the following action:
Please go through your Notes email and clean out as many old/un-needed email
items as possible BEFORE your date of migration.? After you are migrated to
Outlook you will only be allocated 100MB of total Mailbox space.?? If more
than this amount of data is migrated to Outlook YOU WILL NOT BE ABLE TO SEND
E-MAIL until it is below the 100MB limit.? Cleaning up your Notes email now
will prevent this from happening to YOU.

Enron,s messaging platform is migrating from Lotus Notes to Microsoft Outlook
2000 worldwide.  You will be accessing Outlook for all of your email
functions.

WHY IS ENRON MIGRATING TO OUTLOOK 2000?

Many factors contributed to the decision to migrate from Lotus Notes to
Microsoft Exchange/Outlook.  The most prominent factors were:

? Significant advantages to moving to a product that is more integrated with
current Enron apps (Windows 2000, Office and Internet Explorer)
? More efficient Shared PC and Roaming User features
? Improved support and integration for Palm/CE devices
? Instant Messaging capabilities

WHAT IS BEING MIGRATED TO OUTLOOK 2000?

? Email Messages.  From the date of your scheduled migration, the last (30)
thirty days of your Email will be converted for use in Outlook.
? All your folders in Notes you use to store email messages in.
? To Do Items
? Journal Items
? Calendar Entries dating from (1) one year in the past to (10) ten years in
the future will be converted.
? Address Books, but NOT your Distribution Lists that you created.  You will
need to re-create these in Outlook.

Thank you,

Outlook 2000 Migration Team


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/03/2000 05:53
PM ---------------------------

Kay Mann
12/03/2000 05:32 PM
To: Mike J Miller/HOU/ECT@ECT, Tosha Henderson/HOU/ECT@ECT, Lisa
Bills/Corp/Enron@ENRON, Ozzie Pagan/HOU/ECT@ECT, Carl
Tricoli/Corp/Enron@Enron, Heather Kroll/HOU/ECT@ECT, Christopher F
Calger/PDX/ECT@ECT, Roger Ondreko/HOU/ECT@ECT
cc:

Subject: GenPower term sheet

Here's the draft term sheet for GenPower.

Please holler if you have any comments.

Kay


Hey Tana,

Hope you had an awesome weekend!

I was just wondering about Ferrel North America.

I called Bernice and also left you a voice mail.

Thanks,

Sheetal


-----Original Message-----
From: 	Jones, Brad
Sent:	Thursday, October 11, 2001 9:19 PM
To:	Gossett, Jeffrey C.
Subject:	Basis Options

Goss,
I am out next week so I thought I would give you an update on Basis options reports.  Francis sent me the first 3 today.  They were absolute crap the numbers weren't even close.  I met with him and another guy and we went over the reports and I told them how to arrive at the numbers.  I also gave them my report with numbers for them to tie out to.
Errol has the numbers to get in touch with me if you need anything.

Brad


No, if it is an approved customer that Enron would otherwise talk to over the
phone.  We always have to be careful about assuming advisory/fiduciary
duties, as would be the case in telephone communications.  I got your voice
mail on the direct access issues; let's try to talk some time on Wednesday.
Thanks.

>>> <Mark.Taylor@enron.com> 07/11 9:35 PM >>>

David:

Do you see any problems with a customer having the ability to chat with an
Enron
representative online?

Mark

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

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


FYI -- David Leboe in Investor Relations authored the attachment.
-

---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 07/06/2001
03:54 PM ---------------------------
From: Greg Caudell/ENRON@enronXgate on 07/02/2001 01:53 PM
To: Christi L Nicolay/HOU/ECT@ECT
cc:

Subject: Check this...

I incorporated some comments and info provided by IR.


we have to turn this in today. picks are against the spread
---------------------- Forwarded by Eric Bass/HOU/ECT on 12/20/2000 12:25 PM
---------------------------

	Enron North America Corp.

	From:  Gary W Lamphier                           12/08/2000 01:16 PM

To: Eric Bass/HOU/ECT@ECT, Danny Conner/NA/Enron@Enron,
archie.n.eubanks@enron.com, scott.earnest@enron.com, asobello@yahoo.com,
rappelg@enron.com, james.l.copeland@enron.com, tmeers@enron.com,
dub.morris@enron.com, gary.w.lamphier@enron.com
cc:
Subject: Bowl Pool 2000

---------------------- Forwarded by Gary W Lamphier/HOU/ECT on 12/08/2000
01:15 PM ---------------------------

	Enron North America Corp.

	From:  Eric Groves                           12/08/2000 12:52 PM

To: John Massey/HOU/ECT@ECT, Allen B Childress/HOU/ECT@ECT, Tom
Mcquade/HOU/ECT@ECT, Gary W Lamphier/HOU/ECT@ECT, William E
Kasemervisz/HOU/ECT@ECT, Joseph Graham/HOU/EES@EES, Jeffrey C
Gossett/HOU/ECT@ECT, Martin Cuilla/HOU/ECT@ECT, gmc_13@yahoo.com, john,
jennifer.battey@corning.com, Kevin McGowan/Corp/Enron@ENRON, John
Swinney/HOU/ECT@ECT, Scott Earnest/HOU/ECT@ECT, Mark Fondren/HOU/ECT@ECT,
Brad Hitch/EU/Enron@Enron, Patrick Stafford/Corp/Enron@ENRON, Mason
Hamlin/HOU/ECT@ECT, Eric Moon/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron,
Matthew Arnold/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Mo Bawa/Enron
Communications@Enron Communications, Brian Spector/Enron Communications@Enron
Communications, Brian O'Rourke/Enron Communications@Enron Communications,
Chad Pennix/HOU/ECT@ECT
cc:
Subject: Bowl Pool 2000

Ready to take my money?  Welcome to Bowl Pool 2000.  Entries due on December
19th (tuesday).  Don't forget to sign your name on the form.

Spread the word.  We need a big honkin' pot.


Please note the time has once again been changed to 11:00 a.m.
----- Forwarded by MaryHelen Martinez/NA/Enron on 03/26/2001 09:24 AM -----

	MaryHelen Martinez
	03/26/2001 09:05 AM

		 To: Robert Bruce/NA/Enron@Enron, Mark Taylor/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT
		 cc: Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kaye
Ellis/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT
		 Subject: Agriculture-related revisions to ISDA documentation

The time for the meeting scheduled below has been changed to 10:00a.m.
instead of 9:00 a.m.  Please make the necessary adjustments to your
calendars.

Regards,
Mary Helen Martinez
EB3858C
ext. 5-2459
----- Forwarded by MaryHelen Martinez/NA/Enron on 03/26/2001 08:59 AM -----

	MaryHelen Martinez
	03/23/2001 05:12 PM

		 To: Robert Bruce/NA/Enron@Enron, Mark Taylor/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT
		 cc: Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kaye
Ellis/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT
		 Subject: Agriculture-related revisions to ISDA documentation

Please make a note of the meeting referenced above  it is scheduled for
Thursday, March 29th, at 9:00 a.m. in Mark Taylor's office EB3892.

If the date and time are conflicting with your schedule, please let me know
so that I can make the necessary adjustments.

Regards,
Mary Helen Martinez
EB3858C
ext. 5-2459


We are done with our review of the Services Agreement.  What is - Thirdy
Party Expense provision?

brant

 -----Original Message-----
From:  Bradford, William S.
Sent: Thursday, March 15, 2001 7:30 AM
To: Reves, Brant
Subject: RE: BGML Services Agreement

This looks fine to me.  You potentially could clean up Exhibit A to clarify
our role but it should work as is.

Bill

 -----Original Message-----
From:  Reves, Brant
Sent: Wednesday, March 14, 2001 5:16 PM
To: Bradford, William S.
Subject: BGML Services Agreement

Bill,

Please review the attached Services Agreement between BGML and Enron Credit.
Gerald Nemec, attorney reporting to Barbara Gray, has revised some portions
of the contract to better clarify certain points.

thanks
brant

 << File: BGML Credit Services Agreement.doc >>


Have fun with these!


Thanks for coming over this afternoon.  Thought I would jot down what we
heard from the meeting.  Please add, delete, modify as you see fit.

Thanks,

PK

   Provide better or equal service to Enron (accounting, applications, and
   infrastructure) at better or equal cost in the areas of accounting,
   applications and infrastructure.  This would be in the form of a
   services contract and would include the absorption of personnel into
   Accenture
   Ensure that the Enron employees understand that we are doing this
   transaction with the explicit expectation that a commercial business
   will be developed
   For assets that have the expectation of stand alone value within the
   marketplace, either separate them from this transaction or provide
   appropriate value to Enron (upfront or otherwise)
   Structure our compensation so that we are rewarded as the commercial
   business grows (i.e., this is where we make our margin not on the
   seeding Enron transaction)
   Review Accounting and IT functions to determine the components that make
   sense to be included in the scope of the Enron transaction and (or) in
   the scope of the commercial offerings (e.g. SAP, Retail, etc.)
   Perform due diligence over a two week period to further define,
   quantify, and qualify the deal
   Be ready to go asap

This message is for the designated recipient only and may contain
privileged, proprietary, or otherwise private information.  If you have
received it in error, please notify the sender immediately and delete the
original.  Any other use of the email by you is prohibited.


We have seen an early release of legislative language.  It is SB 1433
Alpert/Davis.

1.  It institutes a rate cap of 6.5 cents/kWh for residential and small
commercial retroactive to June 2000 through December 31, 2002.  It leaves the
ability for the Commission to extend to 2003 if in the public interest.  (We
will strike the last part.)

Small commercial customers are all accounts on Schedule A, all accounts who
are general acute care hospitals, public and private k-12 schools and all
accounts on AL-TOU (up through 6000 kWh/billing period)

2.  Provides an opt-in provision for large commercial/agricultural/industrial
customers with an annual true-up.

The sense I got was that CMTA/CLECA may have asked for this.  It gives
legislative cover.  Will be difficult to administer and the true-up will
discourage sign up.

Please let me know if you agree.

3.  Provides that overcollections of PPA/QFs/SONGs will be used to offset
undercollections of cap.

Our comment is that the overcollections, on a pro-rata basis will be used to
offset the cap.  All customers pay stranded costs associated with those
contracts, all customers should receive stranded benefits.

4.  SDG&E is still subject to reasonableness review by the Commission.  To
the extent FERC orders refunds as part of its investigation, such refunds
will go to SDG&E's customers.

Not too bad.


Carlos Torres
Enron Canada Corporation
(w)403-974-6918
(f) 403-974-6706
carlos.torres@enron.com


ECT Merchant Investments Corp. has entered into a Volumetric Production
Payment agreement with St. Mary's Production LLC (Preston) which provides for
the dedication of St. Mary's non-operated gas production from the Hunt Oil
Company operated Myette Point Northwest Field. The VPP has both a firm and
swing volume component. We will move both packages of gas through the  Enron
North America Upstream Wellhead Desk to manage the sale, nomination and
transport of this production. I negotiated a contract between ENA and ECT
Merchant Investments Corp. whereby we will manage the firm and swing portions
of this transaction through our wellhead desk. The negotiated contract has
financial  keep whole language for the firm portion of this transaction and
George will be able to manage the swing volumes.

We will be receiving the volumes at the Texas Gas meters rather than the
wellhead. Preston is required to transport this gas to the Texas Gas meters
by moving the gas across the producer owned gathering system and Preston will
be assuming those gathering fees. The volumes are currently split 50-50
between Texas Gas metes 9437 and 9502.  Based on our information, we actually
expect 87% of the volume at meter 9437 and 13% of the volume at meter 9502.
With respect to the ECT Merchant Investments Corp. and the ENA contract and
the St. Mary's Production, LLC and ENA contract ("Preston" deal), George
Weissman and Melissa Graves will assume responsibility for having our records
and deals properly updated.  They will also work closely with Eric Wardle,
ECT Merchant Investments Corp. to assure the firm volumes are managed daily
and any keep whole requirements are managed properly.

Robert Cook has reviewed the reserves with Craig Fox and, in addition to a
third party reserve study, will finalize his study later this week to
determine if any additional volumes are available for further mark-to-market
valuation.

The following is a summary of the transaction:

 1. Term commencing 1/1/2001 and ending 6/30/2003

 2. Firm purchase for 90% of the wellhead volume, starting at 90% of 11,567
per day and declining as defined by the VPP volumes

 3. Gas daily purchase for the remaining 10% of the wellhead volume

 4. The transaction between ENA and ECT Merchant Investments will keep Enron
Upstream whole should volumes for the 90% firm component fail to show
up on any given day of term of the transaction.

 5. Pricing to customer Texas Gas SL Index plus 0.0025

 6. Volumes for Phase 1 Preston ,including both firm and swing, total
approximately 15,000 MMBTU/d

 7. Volumes for Phase 2 Preston ,including both firm and swing, will increase
by 8,000 MMBTU/d

 8. Total February 2001 Preston volumes from the 8 wells will be
approximately 23,000 MMBTU/d

 An additional note regarding this transaction. Preston has been a
non-operator and therefor they have not been marketing their gas. They have
allowed Hunt to market under the JOA and , as a result, Hunt has been paying
Preston's royalties. Starting in January, under the arrangement we are
putting in place with ATS, ATS will be paying the royalties for Preston for
the term of this transaction.

Should you wish to discuss this transaction further, please advise.


what is your address??


CP, I am forwarding to you to establish the contact.  Yes Fortune, no wired,
yes WSJ.
thanks,
m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 11/13/2000
03:49 PM ---------------------------

From: Susan L Kennedy on 11/13/2000 09:54 AM
To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Subscription Renewal

Dear Mike:

This is to inform you that the following subscriptions are up for renewal:

Fortune
Wall Street Journal (We have a corporate account that I can add you to)
Wired

In the past, such renewals were routed to Info Central to be paid.  Our
department has changed its focus to research.
If you would like to renew as a courtesy, we would be happy to take care of
this for you.  We will contact the publisher and let them know that for the
next renewal to send the invoice directly to you, and from then on, you would
take care of payment.
Please let me know if you would like to renew this publication, as it will
expire shortly.

Sincerely,

Susan Kennedy
713/853-9135


hello everyone,

Please review the attached credit worksheet for terms to be included within
all Omnibus contracts, until an ISDA is executed.

thanks
brant


David,

No problem. We shall send the required fire power.
The person who will attend is Amitava Dhar.

Vince

P.S. Amitava, Please, take note.

David Oxley
09/26/2000 11:38 AM
To: Andrea Yowman/Corp/Enron@ENRON, Bob Sparger/Corp/Enron@Enron, Gerry
Gibson/Corp/Enron@Enron, Tim O'Rourke/Corp/Enron@Enron, Ted C
Bland/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
cc: Daniel Brown/NA/Enron@Enron, Tana Cashion/NA/Enron@ENRON, Rhonna
Palmer/HOU/ECT@ECT, Cindy Olson/Corp/Enron@ENRON
Subject: Mission Impossible - HR Associate Groups Recommendation and next
steps

Rhonna,

Please arrange a meeting later this week for all of those addressed by this
message (Vince, it would great if one of your team could attend since we will
need some heavy statistical and analytical help to complete this project).

The prupose of the meeting will be to discuss and delegate next steps
required to implement the HR Associate groups recommendations for the
development of an HR "value index" at Enron.

I would anticipate we will need approx 45minutes.

David


Sharon,
Attached is the revised certificate for the PacifiCorp ISDA Master Agreement, as well as the other certificate regarding the resolutions adopted by the Board.

Stephanie Panus
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803C
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490
email:  stephanie.panus@enron.com


Your message

  To:      DLoon@USChamber.com; dougloon@uschamber.com
  Subject: (no subject)
  Sent:    Mon, 6 Nov 2000 09:17:13 -0500

did not reach the following recipient(s):

dougloon@uschamber.com on Mon, 6 Nov 2000 09:24:51 -0500
    The recipient name is not recognized
 The MTS-ID of the original message is: c=US;a=
;p=USChamber;l=WDCEXC010011061424VVLM9L9X
    MSEXCH:IMS:USChamber:WDC:WDCEXC01 0 (000C05A6) Unknown Recipient

Message-ID: <OF37AA212D.6C953F4F-ON8625698F.004E6E34@enron.com>
From: Drew.Fossum@enron.com
To: DLoon@USChamber.com, dougloon@uschamber.com
Subject: (no subject)
Date: Mon, 6 Nov 2000 09:17:13 -0500
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
X-MS-Embedded-Report:
Content-Type: multipart/mixed;
boundary="----_=_NextPart_002_01C047FD.5C229B66"

---------------------- Forwarded by Drew Fossum/ET&S/Enron on 11/06/2000
08:15 AM ---------------------------

 (Embedded
 image moved
 to file:      From:  Drew Fossum
 pic21881.pcx) 11/06/2000 08:02 AM

To:   Tony@Digitrain.com, rlfossum@mato.com
cc:   DickOsgood@aol.com, doug loon@uschamber.com

Subject:  (no subject)

I've got to get one of these digital cameras!  Dick, did you get any action
shots--like an action shot of Doug stuffing his face with walleye?   PS:
Reed, how much of the 4 feet of snow did sturgis get????  Loon--I'm in DC
tomorrow for the day, where are you?  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 11/06/2000
07:58 AM ---------------------------

DickOsgood@aol.com on 11/05/2000 04:10:39 PM

To:   dfossum@enron.com, DLoon@uschamber.com
cc:

Subject:  (no subject)

Hey Guys:

Here is a pic from S.D. hunting.

Dick
(Embedded image moved to file: pic31998.pcx)

 - pic21881.pcx
 - pic31998.pcx


---------------------- Forwarded by Suzanne Christiansen/HOU/ECT on
12/04/2000 12:13 PM ---------------------------

"Karen K. Beach" <KKBeach@rkmc.com> on 12/04/2000 12:15:39 PM
To: <dsanders96@earthlink.net>, <suzanne.christiansen@enron.com>,
<smit1314@tc.umn.edu>
cc:
Subject: Fwd: Funny

Received: from [10.100.2.115] (mp-emf1.mp.rkmc.com [10.100.2.115]) by
mp-gwia1.mp.rkmc.com; Mon, 04 Dec 2000 10:58:18 -0600
Received: from mp-emav1 (unverified) by  (Content Technologies SMTPRS 4.1.5)
with SMTP id <T0a640273504638fb06@> for <KKBeach@robins.com>; Mon, 4 Dec 2000
10:58:43 -0600
Received: from susdayte01.daytonoh.ncr.com ([192.127.94.7]) by mp-emav1
(NAVIEG 2.1 bld 63) with SMTP id M2000120410573728110 for
<KKBeach@Robins.com>; Mon, 04 Dec 2000 10:57:38 -0600
Received: by SUSDAYTE01 with Internet Mail Service (5.5.2650.21) id
<XL830R62>; Mon, 4 Dec 2000 11:58:01 -0500
Message-ID: <6B90E33D6C66D3119C7D00E029265322048580BC@SUSDAYTE01>
From: "George, Keith A" <KG133492@exchange.DAYTONOH.NCR.com>
To: Subject: FW: FW: Yet Another Vote for Al
Date: Mon, 4 Dec 2000 11:57:48 -0500
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
Content-Type: multipart/mixed ;
boundary="----_=_NextPart_000_01C05E13.54BE4880"

<<< Please read the disclaimer below >>>

> Subject: FW: Yet Another Vote for Al
> Message-ID: <573B03AE56B3D411AF1100D0B70630B91C3697@corpmx3>
> <<TheAlGoreBallot.exe>>

*******************************************
Information contained in this e-mail
transmission is privileged and
confidential.  If you are not the
intended recipient, do not read,
distribute, or reproduce this
transmission.  If you have received
this e-mail transmission in error,
please call 612-349-8799.

Robins, Kaplan, Miller & Ciresi L.L.P.
www.rkmc.com
*******************************************

 - TheAlGoreBallot.exe


Please distribute attached memo to all Enron North America employees.  If you
need additional information, please call my assistant, Patti Thompson at ext.
39106.

Thank you,
Sally Beck
Vice President of Energy Operations


Per Bill's email, I faxed a proposed form of Enron Corp. Guaranty to the
counterparty.  Please do not approve any trades with this counterparty until
due diligence is done on Italian law, which appears the be the place of
incorporation of the counterparty.  I will not assign the review of Italian
law to an attorney until we receive your credit worksheet.  If you feel we
need to proceed with this now let me know and I will get someone to start
looking at it.


i got your email address.  hope you had a great new years.

love matt


Dylan Aherarn
1019 Alice St
Davis, CA 95616
dsahearn@ucdavis.edu

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Dylan Aherarn


Hello,

Thanks for the email.  I would like to talk more, but since I don't know you I haven't a clue as to what to talk about.  I did notice you live in Morrison, do you work there also?  I like that area.  What about you and this service, have you been using it long, and do you like it?  Drop me a line and I'll start firing back questions.

Paul

-----Original Message-----
From: RaeVS@talkmatch.com [mailto:RaeVS@talkmatch.com]
Sent: Saturday, November 24, 2001 3:04 PM
To: plucci@enron.com
Subject: Match.com - You've Got Mail: hey

hi. I saw your profile and you seem like an interesting person. Take a look at mine and email back if you want to talk more.
Valerie :-)

Click the following link to view the sender's profile:
http://www.match.com/doubleblind/showprofile.asp?UserID=48464C4D494D47&trackingid=0

The following is my profile text:

Some people would describe me as "having a lot of energy," friendly, outgoing, intuitive and kind. I am physically fit, but not perfect. I enjoy working out by going to the gym, hiking, mountain biking and snowshoeing. I am in the Consulting sales and management area. For fun I love to hang out with my friends and family, go on spontaneous adventurous trips, go to parties, read, hike and attend sporting events. The types of music that move me are songs that actually have something to say about life and romantic, classical music. I am the happiest when I'm healthy and everything is going great. I am happy when I'm with my family and friends and the person that I am with. I am the most at peace when I am away from noise and surrounded by beauty. What I have done that makes me the proudest of myself is achieving things that I thought I never could. If I could invite any 5 people to dinner it would be my parents, my best friend, the person that I'm in love with and my favorite cousin. My idea of a perfect date is having a nice dinner and staying up all night talking. I am looking for someone who is easy to talk to, non-judgemental, and who enjoys life to the fullest. I am not the type of person who likes to meet people in a bar setting. I am looking for someone who makes me laugh and appreciates who I am.

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

ADDITIONAL TIPS from Match.com:

Our anonymous re-mailer will strip away your real email address, so
that it will NOT appear in the 'From:' line.

You may also contact this person from their Match.com profile by
clicking 'Contact this person' and composing your message directly from the
site.

However:

* Check to ensure that your email address is not in the BODY of your
message as we are unable to remove these.

* Check to ensure that you REMOVE ANY AUTOMATIC SIGNATURE at the end of

your email. And note that you cannot use 'Cc:' or 'Bcc:' if you want
your email to remain anonymous.

Match.com does not monitor private email between members, nor are we
liable for the content of these messages. All members are bound by our
Match.com Service Agreement.


I think you have a conflict for that one, but I understand you are available
for the March 14-5 one!  DF

	From:  Susan Scott                           01/04/2000 11:12 AM

To: Drew Fossum@ENRON
cc:

Subject: More on El Paso Protest of ENA Purchased Capacity

P.S. If it's OK with you I will plan to attend the Energy Seminar on Feb.
10-11 (see 2d half of Lorna's e-mail)
---------------------- Forwarded by Susan Scott/ET&S/Enron on 01/04/2000
11:12 AM ---------------------------

Lorna Brennan
01/04/2000 10:25 AM
To: Margaret Carson/Corp/Enron@ENRON, Rita Hartfield/Corp/Enron@ENRON, Rockey
Storie/ET&S/Enron@ENRON, Stephanie Miller/ET&S/Enron@ENRON, Kent
Miller/ET&S/Enron@ENRON, John Dushinske/ET&S/Enron@ENRON, Dave
Neubauer/ET&S/Enron@ENRON, Mike McGowan/ET&S/Enron@ENRON, Steven
Harris/ET&S/Enron@ENRON, Lindy Donoho/ET&S/Enron@ENRON, Jeffery
Fawcett/ET&S/Enron@ENRON, Lorraine Lindberg/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Christine Stokes/ET&S/Enron@ENRON, Lee
Huber/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON
cc:

Subject: More on El Paso Protest of ENA Purchased Capacity

Marathon and Phillips Join Protest

    Two more shippers have joined Amoco and Burlington Resources in their
joint protest against El Paso?s decision to sell to Enron 1.2 Bcf of excess
capacity from the San Juan Basin to California. Marathon and Phillips have
joined in the protest, attacking the entire deal as anti-competitive. The
protesters hope FERC will force El Paso to begin again with capacity
assignments. Amoco and Burlington had already protested the deal two weeks
ago at FERC, when they claimed the sale would violate El Paso?s rate case
settlement and tariff. The shippers argue that El Paso was trying to sell
part of that primary firm capacity at delivery points other than
PG&E/Topock), which the settlement prohibits. The settlement was intended to
protect PG&E and allow it to access service. If this capacity is delivered at
other points such as SoCal/Topock, it could add to the glut at that point,
the protesters argued. El Paso and Enron stand to gain if the basis
differential between the San Juan Basin and California remains large.
Marathon and Phillips say that Enron and El Paso can manipulate that basis
differential because between them and their affiliates they control all the
excess capacity from the San Juan Basin to California.
______________________________________________________________________
Energy Seminars
New 2000 Dates!

San Francisco
February 10-11

Miami Beach
February 29-March 1

Houston
 March 14-15
Stay after for the Houston Energy Expo!

Denver
April 12-13
Come early for GasMart/Power 2000!

Houston
 May 9-10

Other seminars include:
 *  Gas Contracts from A to Z: Level 100 & 202
 *  Natural Gas
 *  Electricity 101
 *  Retail Energy Marketing 101
 *  Gas Processing Contracts & Negotiations
 *  Basis Trading & Hedging in Electric Power
 *  Basis Trading & Hedging with Natural Gas
 *  Petroleum Products Hedging & Risk Management
 *  And more

Seminars are available for in-house sessions also!

For More Information:
Visit at http://www.energyseminars.co
m
Call 281.362.7979
email:registrar@energyseminars.com
______________________________________________________________________

Speculators Reduce Long Ratio

    Speculators have reduced the size of their bets on rising NYMEX crude oil
futures during the two weeks ending last year. Speculator long positions now
outnumber short positions by 1.4 to 1 compared with a ratio of 2.9 to 1 two
weeks earlier and 3.8 to 1 four weeks earlier. Prices peaked at a
post-Gulf-War high of $27.15 a barrel November 22nd and ended the year at
$25.60. Long positions in crude oil futures on the NYMEX held by hedge funds
and large speculators were 44,233 on December 28th, little changed from
44,693 on December 14th, according to the CFTC. Speculator short positions
doubled, though, to 31,868 from 15,364. Speculators also became less bullish
about both gasoline and heating oil as their short positions increased much
more than the long positions did during the two-week period. The ratio of
longs to shorts in gasoline fell to about 3-to-2 from 20-to-1. For natural
gas, speculators increased their overall bet that gas prices would fall. They
had placed bets for rising gas prices from April until mid-November, when a
lack of severe cold weather demand pulled prices down from a two-year high.
The following table shows the changes in speculator positions for crude oil,
heating oil, gasoline and natural gas futures.

Contract    Date    Long            Short       L - S
Crude       12/28   44,233          31,868      12,365
Crude       12/14   44,693          15,364      29,329
HO          12/28   13,632          11,146       2,486
HO          12/14   9,717           4,372        5,345
Gasoline    12/28   13,115      7,950        5,165
Gasoline    12/14   11,908        585           11,323
NG          12/28   14,879        24,355        (9,476)
NG          12/14   12,779        19,925       (7,146)
_____________________________________________________________

FOR TIMELY INSIGHTS INTO NORTH AMERICAN GAS MARKET ISSUES

From One of North America?s Leading Energy Consultants

What We Offer:

Comprehensive advice on critical North American gas industry issues and
developments unbiased opinions on complex natural gas industry issues,
informed by an understanding of your business challenges early reporting on
important trends, strong competitive intelligence clearly written, focused
research.

Ziff Energy?s North American Gas Strategies Retainer Service - Join other
producers, pipelines, marketers, LDCs, and end-users from Canada and the U.S.
 who are our retainer clients.

As a Retainer Client You Receive:

Bi-annual executive briefings customized to focus on your issues insightful
and high quality research reports - at least one report per month access to
senior consultants.

Custom Consulting:

Our experienced staff in Calgary and Houston understand the current strategic
issues that are affecting the North American gas industry today.  Our
strategic gas consulting features strong objective analysis, and our
significant industry experience.  Ziff Energy performs consulting work in a
variety of areas including markets, transportation, supply, storage and
mid-stream.  We have the experience and the capability to integrate these
areas to address your needs.

In business since 1982, Ziff Energy has grown to become one of North
America?s leading energy consultants.  With our large U.S. producer and
pipeline client base, Ziff Energy offers strong supply intelligence on the
U.S. Gulf of Mexico and onshore U.S. gas basins.  With 50+ staff in our
Calgary and Houston offices, we are available to meet your strategic
information needs.

For more information about Ziff Energy?s Retainer Service
and consulting areas where we can be of assistance, contact Jim Oosterbaan,
V.P. Gas Services at (403) 234-4279 or joosterbaan@ziffenergy.com.
www.ziffenergy.com/nagsconference
______________________________________________________________________

Statoil Sells E&P Business to Equitable

    Equitable Resources, has acquired Statoil Energy?s Appalachian Basin Gas
Exploration and Production subsidiaries, Eastern States Exploration Company
and Eastern States Oil and Gas for $630 million. The transaction is expected
to close in February. The sale includes natural gas reserves totaling
approximately 1.1 Tcf, 6,500 production wells, and 4,000 miles of pipeline
network in Kentucky, West Virginia, Pennsylvania and Ohio. Sale of the
exploration and production business is the first step in The Statoil Group?s
overall plan of complete divestment of Statoil Energy. Statoil Energy?s
remaining businesses, power generation, energy marketing and trading,  will
be offered for sale in a separate process starting later this month. The
divestment plan is part of Statoil?s overall restructuring program to
concentrate on its core business activities: exploration and production in
Norway and other selected areas of the world; the European natural gas and
energy business; crude oil trading, refining and marketing; and
petrochemicals. Equitable?s market capitalization is $1.1 billion.
______________________________________________________________________

TAGE
The Austin Group Energy
Executive Search Consultants

pj@austingrp.com -  www.austingrp.com
Phone (281) 497-8595  -   Fax (281) 597-0099
______________________________________________________________________

EPRI Launches Customized Technical Support Services Subsidiary

   A new subsidiary of the Electric Power Research Institute will offer
customized technical support services to both members and non-members of its
research program. EPRIsolutions is a for-profit subsidiary created to hasten
the application of EPRI technologies already developed through decades of
collaborative research. EPRIsolutions will work directly with our customers
to select, install and support the EPRI technologies most suitable for their
particular needs. Many of the services offered will be performed by the staff
of EPRI?s Technology Application Centers located throughout the US. For
example, the Engineering and Test Centers in Lenox, Mass. and Haslet, Tex.
can provide audits of utility power delivery systems to identify weaknesses
before they lead to outages. The Maintenance and Diagnostics Center in
Charlotte, N.C. can help customers save on the cost of operating and
maintaining their fossil-fired power plants. As an example of how such
integrated services will be offered, EPRIsolutions can help customers adapt
and install the powerful, sophisticated software packages now available for
load forecasting, environmental risk assessment, and retail market
management. In some cases, EPRIsolutions will go one step further by acting
as an application service provider for companies that want to outsource
data-intensive operations. The first such ASP activity will be on-line
monitoring and diagnosis of water chemistry for several nuclear power plants.
EPRIsolutions is being formed through the merger of two existing
subsidiaries, EPRICSG and EPRIGEN, which were created to allow EPRI to
conduct proprietary R&D on behalf of individual funders, who would retain
rights to the intellectual property involved. In addition to continuing this
activity, EPRIsolutions takes on the function of providing customized
technology application and consulting services. Such private-benefit work
lies beyond the scope of EPRI's tax-exempt, collaborative research mission
and thus requires the use of a taxable subsidiary.
______________________________________________________________________

HEAD?S UP? PRICES DOWN!

    Natural gas prices have fallen to $2.40/MMBtu from $3.20/MMBtu just last
month. Storage injections still outweigh storage withdrawals. Where will
prices go? Depends on the weather. If it is warm in Houston and New York City
over the Thanksgiving holidays, will prices continue to head south? Under
those conditions, they have since 1993. Call it ?Rader?s Stupid Frozen Turkey
Theory? or call it storage fundamentals, but be prepared in case this silly
theory comes true one more year. For an in-depth, wellhead to burnertip study
of the natural gas industry, following is the winter schedule for the
original Natural Gas 101? training courses. Or call to set up an in-house
course at your convenience.

NATURAL GAS 1010 Schedule
                            2nd Week Jan - Houston, TX
                            Early Feb -         Call for Exact dates
                            Early Mar -         Houston, TX
                            April 19 -          New Orleans, LA
                                            Speaking at EEI National Accounts

    Natural Gas 101 is a registered trademark of Rader Energy Consultants.
Contact: Linda K. Rader, Rader Energy Consultants
P.O. Box 27391, Houston, TX 77227-7391
(713) 621-0808 or (713) 993-9325, ext. 161
natgas101@att.net
______________________________________________________________________

Oxy and EOG Swap Properties

    Occidental Petroleum and EOG Resources have exchanged oil and natural gas
fields to cut costs and boost production. Oxy received fields in California
that produce about 12 MMcf per day and mineral rights to more than 700,000
acres of land in the state. It also received properties in the western Gulf
that produce 26 MMcfe per day, adjacent to fields Oxy already owns. EOG
received properties in eastern Texas that are next to fields it owns and
which produce 33 MMcf per day and 3,000 barrels of oil a day. It also
acquired exploration rights on 312,000 acres in the Oklahoma panhandle.
_____________________________________________________________________

     Houston Energy Expo              GasMart/Power2000

Are you planning to attend the Houston Energy Expo or GasMart/Power2000?
Today?s hot issues: Deregulation, Gridlock, Gas Supply & Power Demand,
Merchant Plants, Fossil Fuels, Mergers and Aquisitions.  Are you reacting to
the changes throughout your industry?  Or, are you acting strategically &
decisively through integration of goals and objectives?  We offer innovative
experiences, transformations and integrated marketing solutions for your next
tradeshow.
For a free "Tradeshow Timeline & Exhibit Staffing Strategy Guide"
call, fax or e-mail us today.
Attn: Brent P. Sells
Mail to: bsells@o-group.com
  Phone: 800-725-8347 Ext. 121
Fax: 713-462-8347
25 years Domestically and Internationally
For more information regarding the Houston Energy Expo,
please visit the NESA website at www.nesanet.
org
For more information about attending, exhibiting, advertising, or sponsorship
at GasMart/Power2000, please visit our website at www.gasmart.com
______________________________________________________________________

Calpine Buys Reserves from Vintage

     Calpine has acquired 90 Bcf of natural gas reserves from Vintage
Petroleum for $71.5 million, becoming the largest gas producer in
California?s Sacramento Valley. Calpine bought the remaining 58% interest in
the Rio Vista field that it did not already own, along with some exploration
rights. It received the 42%  stake when it acquired Sheridan Energy last
November for $128 million. Calpine plans to purchasing natural gas fields and
pipelines so it can provide fuel for its natural gas powered generators at
lower costs. Calpine plans to expand its electric generation businesses in
California, Texas, Arizona and Nevada along with the Southeast and Northeast.
It operates power plants that can generate 3,400 MW.
.

Callon Natural Gas Blowout

    Callon Petroleum had a natural gas blowout while drilling a test well in
the Gulf of Mexico and a fire is burning from a portion of the well. There
were no injuries at the  at South Marsh Island Block 261 well, about 60 miles
south of Lafayette, Louisiana. The fire is burning from a portion of the well
casing about 20 feet above sea level. Wild Well Control, a well-blowout
specialty company, is making preparations to bring the well under control.

Please Welcome Our Advertisers by Visiting These Websites!
www.nesanet.org
www.gasmart.com
www.austingrp.com
www.energy.com/ebid
www.ziffenergy.com/nagsconference

Financial Summary
The TSE 300 rose 7.68 points to 8413.75
The CRB Index is 204.27
The US Dollar retreated 1.65 points to 100..29
The Dow lost 140.23 points to 11356.89
The S&P 500 decreased 14.08 points to 1455.17
The Nasdaq was up 61.40 points to 4130.71
February NYMEX Crude Oil is 25.60
Canadian-U.S. Exchange fell .0074 to 1.4433

    Enerfax Daily is the North America's gas and power information source. It
is sent to you free of charge. Enerfax Daily may be copied and redistributed
in its entirety to all interested energy professionals. Please call
281/583-7937,  or e-mail us at enerfax1@aol.com with the e-mail addresses of
other energy professionals that would like to be added to Enerfax Daily's
growing distribution list of thousands of energy professionals in the U.S.
and Canada, or to be removed.  The information contained herein was obtained
from sources which Enerfax Daily believes to be reliable, but does not
guarantee its accuracy.
     Your support of our advertisers is greatly appreciated and will keep
Enerfax Daily free. Thank you. Your comments are welcome.


-----Original Message-----
From: 	Polsky, Phil
Sent:	Wednesday, October 24, 2001 7:57 AM
To:	Grigsby, Mike
Subject:	Summary for Grigsby.xls

MIke,

Attached is the updated summary regarding expansions in the west.  There is only one change - PGT 2003 expansion.  The expansion has now dropped from 230,000 MM/d to 160,000 MM/d due to PPL dropping out.

Let me know if you need anything else.

Phil


Hi folks

Updated state's progress as of September 1, 2000 -- please let me know if
there are any changes/additions to this

Thanks!  See you all in DC next week

Tracy J. Cooper
Please note my name has changed from McLaughlin to Cooper
Enron Broadband Services
Government Affairs
(503) 886-0396


Bob:  per your request, here is the rundown on Patti's activities for August
and beyond.

1.  We calculated the amount we made on her experience in handling El Paso's
transport to be close to $1 million/ month.

2.  I could not even begin to calculate the amount made just by having her
here.  If Patti had just quit with everyone else gone, the amount lost on El
Paso would be huge, including loss of credibility on our part with our
customers.  The exact amount would be close to $1 million/month I would think.

3.  The spreads out West have been huge this summer.  We were able to take
advantage of this because Patti was here to do the scheduling during a very
difficult time.

4.  When I was out for the entire month of August, Patti was not only holding
down a desk that usually three people handle, but was also filling in on
management duties.

5.  Patti worked 14 weeks in a row, including weekends, without taking a day
off.  She worked at least 12 hours a day during this time, handling several
different jobs at a time.

6.  The exact value of what Patti did is hard to determine.  I would estimate
that her presence here and stepping in to help out was woth about $5 million
to the desk.


Lynn,

Attached is the confirm for November.  Let me know if you have any questions or problems.

Thanks,

Kim

 -----Original Message-----
From: 	Dickson, Stacy E.
Sent:	Monday, October 22, 2001 11:33 AM
To:	Ward, Kim S (Houston)
Cc:	Wallumrod, Ellen
Subject:	Smurfit Confirmation for November

Kim,

Per your request.

Stacy


As we breifly, ECS is developing a product for gas driven (as opposed to
electric driven) horse power.  Essentially, the value proposition involves
"wrapping" an existing gas horspower station with a Compression Service
Agreement and allowing the Pipeline to pay for the shaft horspower in
commodities other than (or solely in) cash.  ECS provides shaft horsepower
(meaning that we bring gas, as opposed to elecricity) to the compressor.
Because Shippers would continue to pay for its fuel per the existing tariff,
the Pipeline would utilize shipper fuel to pay for shaft horsepower.  This
structure represents an avenue for the Pipeline to hedge the value of the
molecules it collects from Shippers or simply to levelize their fuel burn.
Timing and basis differences could, presumably, be included to increase the
value to the Pipeline and potentially passed through to the Shippers.

Attached is a deal example that I recently presented to Great Lakes Gas
Transmission that solves a fuel levelization problem they have on their
system....they overcollect in the Winter and undercollect in the Summer.  It
may be of some use in reviewing to help ascertain answers to the following:

1) Would a gas compression service deal be required to be filed by the FERC?
My sence is that the answer is no. This is simply an O&M service
 contract and lease agreement.
2) If a Pipeline is on an annual gas tracker, what would be the tracker
implication?  It should be flat, as technically, ECS has not changed the
 amount of fuel collected/utilized....we have only provided optionality as to
hedgeing???

Please give me a call to discuss.

Thanks

Chris Meyer
x31666


Mark & Rick --

 I am trying to id and assess the risk within Enron's global assets and
positions.  I need your help is making sure that these are the positions
which are critical (biggest risk) and that we have the right people on the
job.

The review team will involve (1) someone from my team, (2) someone from your
team, and (3) someone from the Regulatory Risk Working Group (to try and get
some consistency).

I have not finished all assignments but would appreciate your comments.

Thanks,

JDS


Absolutely.


Rebecca & Kelly,

For future correspondence, please also copy me on emails to Greg Whalley.  I
check emails more frequently than Greg.

Many Thanks,

Liz

From: Rebecca Carter@ENRON on 12/06/2000 04:40 PM
Sent by: Kelly Johnson@ENRON
To: Rick Buy/HOU/ECT@ECT, Greg Whalley/HOU/ECT@ECT
cc:
Subject: Executive Committee Notice

The meeting will be held in EB5001.


Additional information:  The Board also formed three committees:  they are
1)Finance and Audit   Members are Chuck Henry  CHR.  Tom Berry, Jim
Goodrich,  Don Hodel White and Enthoves--------Governance and Nominating
Members are   Jim Goodrich  CHR.  Henry, Nelson, Anderson, and
Enthove-------Human Resources   Members are  Tom Berry  CHR   White, Nelson,
Anderson, Enthoves.     Jim Jura agreed to continue as treasurer for now.  He
will not be a member of the Board.   The meeting was abreviated but the did
express concern about credit in Calif,  The summer Resource report,
Legislation and how thye might help in the future(Linda was there to give
them an update)  Next meeting is in June 2001.

	Charles Yeung
	03/30/2001 02:37 PM

		 To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Joe
Hartsoe/Corp/Enron@ENRON, Richard Ingersoll/HOU/ECT@ECT, Kevin M
Presto/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron
		 cc: Christi L Nicolay/HOU/ECT@ECT, Steve Walton/HOU/ECT@ECT, Jeff
Brown/NA/Enron@Enron, Ron McNamara/NA/Enron@Enron, Andy
Rodriquez/Enron@EnronXGate, Bill Rust/HOU/ECT@ECT, Keith
Comeaux/Corp/Enron@Enron, Alan Comnes/PDX/ECT@ECT
		 Subject: NERC Votes in Independent Board


The mail you sent to "pete.keavey@us.socgen.com
" whose subject is "Contact" has not been delivered because the address is incorrect.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/01/2000
03:35 PM ---------------------------

Zimin Lu
12/01/2000 02:44 PM
To: John J Lavorato/Corp/Enron@Enron
cc: Stinson Gibner/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
Subject: WTI maket maker simulation model

John,

We finished the Version 2 of the simulation model which deals with the
open-close trading versus the continuous trading in the previous version.

I added the cummulative P/L as an output.   There are a few apparent trading
strategies from this model:

1) Higher bid/offer spread, more profit
2) More Daily # of trades, more profit
3) Smaller net open positions allowed, more profit

1) and 2) are obvious, but 3) is more interesting.  It means that we are
better off
if we do not allowed net open positions at end of the day.  In a trending
market,
this makes an intuitive sense, for example, in the case of bull market we are
short as a market maker and we can avoid the loss at the higher openning price
by keeping zero or small net short positions.

I have attached the model with this mail, and I'll  be happy to discuss the
model
in more details with you.

Zimin


Enron Europe has asked that they be given a power of attorney to sign
standard form trading guarantees. Jim Derrick and Ben Glisan have approved
this. Attached is the form of guaranty they want to use. Does this form seem
appropriate to you? Thanks!
---------------------- Forwarded by Scott Sefton/HOU/ECT on 09/29/2000 11:25
AM ---------------------------

Mark Evans
09/29/2000 08:29 AM
To: Scott Sefton/HOU/ECT@ECT
cc:
Subject: Corp guarantee

Scott,

sorry for the delay. Here is the standard form Corp guarantee we would
propose to execute in the UK to support trading operations.

Look forward to hearing from you further.

Hope all is well.

     Mark

---------------------- Forwarded by Mark Evans/Legal/LON/ECT on 29/09/2000
14:31 ---------------------------

Justin Boyd
29/09/2000 12:30
To: Mark Evans/Legal/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc:

Subject: Corp guarantee

This would cover both financial and physical trades (i.e. ECTRL and ECTRIC),
and whether under a master or otherwise

J


Here is a copy of the agreement, made all the more ugly by my redaction
"surgery."

I have put some terms that you will want to think through carefully in
italics.  I totally removed some other provisions that were particularly
deal-specific (e.g. an obligation to offer to sell them the project if we
decided to abandon it--I know, it's damn weird, but they were hung up on some
strange things).

Let me know if I can answer any questions.

 -----Original Message-----
From:  Mann, Kay
Sent: Tuesday, May 15, 2001 3:40 PM
To: Rasmussen, Dale
Subject: RE: tolling

Thanks!


NETWORK WORLD FUSION FOCUS: PHIL HOCHMUTH
on LINUX
Today's focus: Will Linux be a hit or miss on the corporate desktop?
03/15/00

Dear Wincenty Kaminski,

Today's focus: Will Linux be a hit or miss
on the corporate desktop?
---------------------------------------------
By Phil Hochmuth

So far this year, the buzz about Linux in enterprise networks has
focused on servers and embedded systems, with the growth of Linux
severs being most heralded. According to IDC, a research firm based in
Framingham, Mass., Linux was the fastest-growing server operating
system last year, with a 93% growth rate over the year before. Linux
was the second most-shipped operating system in 1999 after Windows NT,
capturing 24% of new licenses shipped.

As for the embedded market, Linux has emerged as an ideal platform for
network appliances, because the system can be modified to handle
specialized, dedicated tasks very well. Companies such as Cobalt
Networks, Picazo and Progressive Systems have announced Linux-based
appliances, ranging from Web servers to PBXs to firewalls.

But what of the open source hacker,s dream of &Linux on every desktop?8

Sure, Linux on the desktop has become more accessible than ever, with
colorful, shrink-wrapped boxes of Caldera, Red Hat and Corel Linux now
available at places like CompUSA. However, analysts have said that
Linux,s growth in the enterprise will be limited to the macro and micro
areas of network servers and embedded operating systems.

According to IDC, Linux currently runs on only 4% of U.S. desktops. The
hold Microsoft Windows has on the desktop market will remain strong,
analysts say, despite such factors as Microsoft,s antitrust problems
and the surging popularity of Linux.

Even some Linux executives are skeptical of their product,s desktop
future. Recently, SuSE CEO Roland Dyroff downplayed Linux,s future on
desktops. Dyroff said, &given the lack of applications available, we
really can't claim it as being competitive on the desktop yet.8

A recent survey by Survey.com gives more hope for Linux desktops.
According to the survey of 1,640 enterprise network managers, open
source operating systems are used on 10% of desktops, with the number
jumping to a surprising 23% of enterprise desktops by 2002.

Despite the mix of numbers being thrown around, two important factors
that will determine the success of Linux as an enterprise client
desktop are: a standardized, easy-to-use graphical user interface (GUI)
and available applications.

One company that is working to make Linux more user friendly is Palo
Alto-based Eazel, which is designing a next-generation file management
system and user interface to run on top of the Linux kernel. According
to Eazel,s Web site, the company,s goal is to bring Linux to the masses
and &do it in a way that appeals to today's Linux users and to mere
mortals.8

The company was founded by a group of former Apple executives, and is
allied with the Gnome project, which has been doing extensive Linux
desktop environment development for several years. Eazel is due to have
a product out by the middle of this year. With an intuitive, icon-based
file management environment, Eazel is hoping its user interface will be
an improvement over the two current Linux GUIs, Gnome and KDE, and will
help standardized the look and feel of Linux for &regular8 users. For
enterprise mangers who have already embraced Linux on the server side,
this development will be worth keeping an eye on.

On the applications side, several office productivity suites have been
available for some time, such as Sun,s StarOffice suite and KOffice for
the KDE desktop. Corel has also ported its office products, such as
WordPerfect, over to Linux to complement its own distribution of the
operating system. While there have been recent rumors (started by Linux
Care Vice President Arthur Tyde) that Microsoft is working on a port of
MS Office to Linux, Microsoft officials deny this.

While Linux may never supplant Windows as the industry-standard desktop,
there should be plenty of opportunity for Linux PCs in enterprise nets
in the future.

To contact Phil Hochmuth:
-------------------------
Phil Hochmuth is a writer and researcher for Network World, and a former
systems integrator. You can reach him at mailto:phochmut@nww.com.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FOR RELATED LINKS -- Click here for Network World's home page:
http://www.nwfusion.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Staroffice Software from Sun
http://www.sun.com/staroffice

Corel Linux OS
http://www.corel.com/freedom/freedom.htm

Eazel
http://www.eazel.com

GNOME -- the GNU Network Object Model Environment
http://www.gnome.org

KOffice -- the integrated office suite for KDE, the K Desktop
Environment
http://koffice.kde.org/

Cobalt Networks, Inc.
http://www.cobaltnetworks.com

Progressive Systems
http://www.progressive-systems.com

Picazo
http://www.picazo.com

Other Linux-related articles from Network World:

Active Directory upgrade requires strong game plan,  Network World,
03/13/00
http://www.nwfusion.com/archive/2000/89629_03-13-2000.html

*********************************************************
Subscription Services

To subscribe or unsubscribe to any Network World e-mail newsletters,
go to:
http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp

To change your email address, go to:
http://www.nwwsubscribe.com/news/scripts/changeemail.asp

Subscription questions? Contact Customer Service by replying to this
message.

Other Questions/Comments

Have editorial comments? Write Jeff Caruso, Newsletter Editor, at:
mailto:jcaruso@nww.com

For advertising information, write Jamie Kalbach, Account Executive,
at: mailto:jkalbach@nww.com

Network World Fusion is part of IDG.net, the IDG Online Network.
IT All Starts Here:
http://www.idg.com

Copyright Network World, Inc., 2000


thats fine - just let me know when.  Afternoons, 1-2 and after 3 are better
for me.

Benjamin Markey
02/24/2000 10:53 AM
To: Eric Bass/HOU/ECT
cc:
Subject: favor

Hey Bass,
Got to ask a favor of u...

If u have a chance sometime in the near future could u do an hr session of
intro to risk 101?
I would feel comfortable looking like an idiot asking u questions.  I could
use just a
sliver of your knowledge on the subject to understand things a little better
over here.

Let me know, if not Jay can dedicate some time to it in a couple weeks.
Thanks.


Cory,

Still  finding discrepancies Cin schedules, - or finding duplicate schedules-ERCOT this weekend.   Overall,   acuracy is improving, however still seeing schedules missing from time to time which  is taking us longer than usual to finish checkouts .

thanks for your attention
JOE


Inadvertently, the wrong rate was submitted with the request for credit approval. The correct rate has been and continues at $0.04 /Dth. I apologize for any problems this mistake may have caused.
Mike
 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Monday, January 07, 2002 10:22 AM
To:	Bodnar, Michael; Buehler, Craig; Cherry, Paul; Dasilva, Esther; Donoho, Lindy; Frazier, Perry; Lee, Dennis; Lindberg, Lorraine; Lokay, Michelle; Sheffield, Sandy; White, Angela
Subject:	Credit Approval Request - Tenaska Marketing Ventures

Credit Requested

Shipper : 		Tenaska Marketing Ventures
Contract # :		27792
Service Type :	Amended FT
MDQ:			21,000 Dth/d
Rate:			$0.10
Term:			January 8, 2002 through January 8, 2002

Thanks.................
Mike Bodnar


Oops, sorry,  They are for the 7th...


I approve of Craig.  It was great to meet him.  Had a very restful and fun
time in Tulsa but glad to be back in Houston.  will call you later in week.


Dana,

This is Marylyn's phone number 713-680-0869.  Her email address is
witness4him@juno.com

later,

Curtis


?

?
http://www.msnbc.com/news/496999.asp?bt=nm&btu=http://www.msnbc.com/tools/news
tools/d/news_menu.asp
 - Have we forgotten virus lessons.url


Rob,
Per Jennifer Stewart Medcalf's request, attached are files containing Enron
spends between $5MM-500K, for 1999 and Q1Q2 2000.

Colleen Koenig
Analyst
Global Strategic Sourcing
713.345.5326


Since it seems like folks may have only been sporadically receiving my
emails, please let me know if you receive the memos and accompanying
spreadsheets that I just sent.  Thanks.

Best,
Jeff


Peter:

Attached please find the final form of asset securitization NDA.  Note that I
made a few changes to Section 5 to incorporate a bit of the second
alternative into the first alternative you chose.  Please let me know if you
have further comments or questions.  Otherwise, please let Tana Jones know if
you need assistance finalizing an NDA for distribution to a Counterparty.
Even if you intend to finalize yourself, give Tana a call or send her an
e-mail to let her know that name of the counterparty so that we can check our
records to confirm that we don't have any conflicting confidentiality
agreements in place with the Counterparty.  Also, copy both Tana and I on any
NDA you distribute.

Thanks,

Leslie


I have them.  The first thing that was deficient was that there were no
Exhibits to the contract.  I had to have those prepared by Tom Fry.  The next
question, because of the change of scope, was whether the costs were still in
line with the PASS that was executed by all.  I am told by Blevins that that
is not the case.  I am waiting on Tom and Brad to provide new cost estimates
so as to see if we need to revise the PASS first.  Once those issues are
resolved, I will execute the contracts.

To: Jim Schwieger/HOU/ECT@ECT, Steve HPL Schneider/HOU/ECT@ECT
cc:
Subject: Re: Kinder / Morgan MidCon Tx Interconnect agreement with HPL

Jim,  I forwarded those to Steve Schneider for signature.  I think Steve was
waiting on some Exhibits.

	Jim Schwieger
	08/28/2000 05:00 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: Kinder / Morgan MidCon Tx Interconnect agreement with HPL

Gerald:

Kevin from MidCon Texas called and was inquiring as to the status of the
Interconnect agreement.  He said that they had signed it and sent it over for
HPL's signature.  I have not seen it or heard of anything for several
months.  Do you know the status?  Would you please let me know either way.

 Thanks,  Jim


In order to provide better oversight and control of ENA legal expenditures
on large transactions, please continue to follow the procedures set forth
below for transactions where outside legal fees and expenses are expected to
exceed $25,000.00.  The purpose of these procedures is to (i) improve
communication with counsel (inside and outside) on issues, fees and services
and (ii) send price signals on legal costs (with respect to specific
transactions) on a timely basis to the business units.  Every effort should
be made to continue to provide high quality legal work that has become
standard at ENA.

 1.  A written estimate of proposed fees and expenses and a written
description of the services shall be provided by our outside counsel.  The
responsible business unit and the General Counsel shall review and approve
such written estimate before our outside counsel is directed to provide
substantial professional services.

 2.  Our outside counsel shall be instructed to promptly submit a revised
written estimate if such outside counsel determines that legal fees and
expenses for such transaction will exceed the previous written estimate by
$25,000.00.  Such revised written estimate shall be reviewed and approved by
the responsible business unit and the General Counsel or his/her designee
before our outside counsel is directed to provide substantial additional
professional services.

 3.  In order to accurately track such expenses so that the expenses can be
properly allocated to the various business units, a work order number should
be obtained for each transaction.

 Thank you for your cooperation.  If you have any questions or any other
suggestions for controlling expenses, please call me at extension 36544.


you are welcome, and thank you for all your help at work.

 -----Original Message-----
From: 	Young, Becky
Sent:	Friday, October 26, 2001 8:13 AM
To:	May, Larry
Subject:	Tom @ GFI

Good morning Larry!  I just spoke to Tom P. to thank him for the tickets to Rent.  I also want to let you know that I really appreciate you cashing in a favor for me!

Tahnks so much again,
Becky

P.S. NYC is great, as you probably know the weather is a bit colder now and it feels great!


I'll tell you what.  You give us your "want"  list and we'll make sure you can do it all.
Of course, after you assemble the chair.

What was Lowery doing in San Antonio??

KR


Thank you for agreeing to be a speaker at INGAA's Annual Security Analysts
Conference, scheduled for July 12-14 at the Broadmoor in Colorado Springs,
Colorado.

INGAA hosts this conference every year as a forum for the 25-30 top natural
gas analysts to meet with CEO's and other industry leaders.

You will be participating on a panel on natural gas supply, scheduled for
8:15 to 10:00 a.m. Friday, July 13.  As a panelist, we would like to hear
your views on the natural gas demand and deregulation, and you are more than
welcome to join us for the entire meeting if your schedule allows.

You will be receiving a complete packet of material details from INGAA.

Don't hesitate to call me if you have any additional questions.

Stan
713/853-6177


Customer has questions regarding the GTC for NA financial products.   Customer is located in London however, they have transacted US Propane and Butane Financial products during the month of November.

Steph Kim
Trafigura Derivatives
44 207 298 7922

Thanks for your help,
Kathy


-----Original Message-----
From: enron_update@concureworkplace.com
[mailto:enron_update@concureworkplace.com]
Sent: Monday, October 29, 2001 10:29 AM
To: Shapiro, Richard
Subject: <<Concur Expense Document>> - HK102501

The following expense report is ready for approval:

Employee Name: Harry J. Kingerski Mr
Status last changed by:  Automated Administrator
Expense Report Name: HK102501
Report Total: $880.95
Amount Due Employee: $880.95

To approve this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


That is bizarre.  They may have sent everyone home and called them back.  I will investigate tomorrow.

Stacey

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Monday, December 03, 2001 5:57 PM
To:	White, Stacey W.
Subject:	RE: Requests

I had heard that Zhiyun was sent home today but Norman and some others stayed

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Monday, December 03, 2001 3:56 PM
To:	Postlethwaite, John
Subject:	RE: Requests

I was in a meeting last night to discuss who was critical.  I do not know if that list has been blessed.  The list we put together would definitely get us a through especially since we will not have all the old deals.  Your normal contacts should be there - Norman, Zhiyun, Min, Duong Luu, Will Smith.

Stacey

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Monday, December 03, 2001 5:53 PM
To:	White, Stacey W.
Subject:	RE: Requests

Any news on our IT support

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Monday, December 03, 2001 3:52 PM
To:	Evans, Casey; Postlethwaite, John
Subject:	Requests

Please make sure you cc: me on all requests that you send out to credit, VaR, etc for the banks.  If you are not sending something via e-mail and you are just giving information over the phone.  Please send me the information as well.

Thanks,
Stacey


Today, Enron hosted a conference call to give investors a current overview of the company. Here's an update of what we discussed during the call.

We told investors that we're doing everything we can to protect their interests and to regain their confidence. Our focus remains on our credit quality, balance sheet and liquidity, which are essential for our continued success and expansion of our wholesale businesses.

It took more than a few weeks to get where we are today. Here's a snapshot of significant events that led to our current situation:

-- In hindsight, we definitely made some very bad investments in our non-core businesses over the past several years. Those include investments in Azurix, India and Brazil. They have performed far worse that we could have ever imagined when we made these investments;

-- Because of these bad investments, we've become over-leveraged as a company. The negative impact of those investments was exacerbated through the extensive use of debt capital both on and off our balance sheet;

-- We also entered into related party transactions that led to a loss of investor confidence, which has been very damaging;

-- We've been criticized for our lack of transparency and our hard-to-understand financial and operating disclosures; and

-- On top of it all, we discovered errors in our financial statements, as discussed in our 8-K filing last week, that required a restatement of previously reported earnings.

We've taken a new look at our businesses and have separated them into three areas: core businesses, non-core businesses, and businesses under review.

Core Businesses

Our core businesses remain strong and consistent sources of significant earnings and cash flows for the company. They're our competitive advantage. These include:

-- Natural gas pipeline businesses;

-- Gas and power businesses in North America and Europe;

-- Retail businesses in North America and Europe; and

-- Coal businesses in North America and Europe.

The events of the past few weeks have had a temporary negative impact on our projected fourth quarter profitability. It's too early to tell at this time what impact this might have on our operating results. We are considering these actions now so that we can quickly return to normal business in 2002.

I also remain optimistic that the actions we've taken over the past couple of weeks have addressed our customer and counterparty credit and liquidity concerns. According to our business unit leaders, we have definitely seen improvement in our counterparty relationships.

Non-Core Businesses

Our non-core businesses include our global assets group and our broadband division. We have invested more than $8 billion in these businesses, and the return from them has been dismal.

We have an aggressive program in place to exit these businesses and expect that the sale of these businesses will generate billions of dollars in cash that we can use to repay debt and reinvest in our core businesses. We already have more than $800 million in assets contracted for sale this year. They include CEG Rio, a gas LDC in Brazil; EcoElectrica, a power plant and LNG receiving terminal in Puerto Rico; and asset sales of offshore oil and gas properties in India. The approximately $2.9 billion Portland General sale is also on target to close in late 2002 pending regulatory approvals.

Businesses Under Review

These businesses are comprised of those operations outside our power and gas wholesale businesses and include global and industrial markets. While several of these businesses have very strong future prospects, we need to determine if their capital requirements and near-term growth prospects are sufficient enough in terms of earnings and cash generation.

Reviewing our businesses this way will help determine where we need to make reductions to our work force. More information will follow as soon as it becomes available.

Credit Rating/10-Q Filing

We continue to meet regularly with credit rating agencies and believe that our liquidity enhancements and scheduled asset sales will strengthen our balance sheet and maintain our investment grade credit rating. Our current credit ratings by the three major rating agencies are as follows:

-- Moody's at Baa3       "Under Review for Further Downgrade"

-- Fitch at BBB-             "Evolving Status"

-- S&P at BBB-              "CreditWatch Negative"

We also discussed our existing financial vehicles, including Osprey, Marlin and Yosemite, in further detail. We told investors that we will file our 10-Q five days late due to our current activities. It will be filed on Nov. 19.

We will continue to have updates with investors over the coming weeks as well as our frequent updates with you. The full transcript of our conference call will be filed with the Securities and Exchange Commission in the next few days. It will also be posted on our web site at www.enron.com/corp/investors under "SEC Filings."

In connection with the proposed transactions, Dynegy and Enron will file a joint proxy statement/prospectus with the Securities and Exchange Commission. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6466, Fax: (713) 767-6652; or Investor Relations, Enron Corp., Enron Building, 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3302.

In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.


Attached for your review is a draft of the ISDA Master Agreement.

 Please call Sara Shackleton at 3-5620 with your comments and questions.