-----Original Message-----
From: Rodriquez, Andy
Sent: Thursday, October 18, 2001 4:46 PM
To: Black, Tamara Jae; '/o=ENRON/ou=NA/cn=Recipients/cn=notesaddr/cn=a478079f-55e1f3b0-862566fa-612229'; Abler, William; Aggarwal, Anubhav; Allen, Diana; Arora, Harry; Bailey, Debra; Ballato, Russell; Ballinger, Ted; Baughman Jr., Don; Benchluch, Moises; Benjelloun, Hicham; Benson, Robert; Bentley, Corry; Blaine, Jay; Bolt, Laurel; Broderick, Paul J.; Broussard, Richard; Burnett, Lisa; Campbell, Larry F.; Capasso, Joe; Carson, Mike; Chen, Alan; Choate, Jason; Cline, Kevin; Collins, Dustin; Comeaux, Keith; Coulter, Kayne; Davis, Mark Dana; Day, Smith L.; Dean, Clint; Decook, Todd; Emesih, Gerald; Errigo, Joe; Forney, John M.; Freije, William; Garcia, Miguel L.; Gilbert, Gerald; Gilbert-smith, Doug; Giron, Gustavo; Greer, Andrew; Gualy, Jaime; Guerra, Claudia; Gulmeden, Utku; Gupta, Gautam; Ha, Amie; Hanse, Patrick; Hernandez, Juan; Imai, Rika; Ingram, David; Jenkins IV, Daniel; Kaniss, Jason; King, Jeff; Kinser, John; Larkworthy, Carrie; Laurent, Dean; Laverell, Justin; Lenartowicz, Chris; Lorenz, Matt; Lotz, Gretchen; Lowell, Thomas; Mack, Iris; Mahajan, Ashish; Makkai, Peter; Marquez, Mauricio; Maskell, David; May, Tom; McElreath, Alexander; Miller, Jeffrey; Oh, Seung-Taek; Olinde Jr., Steve; Pace, Andy; Padron, Juan; Pan, Steve; Philip, Willis; Podurgiel, Laura; Poppa, John D.; Presto, Kevin M.; Quenet, Joe; Rawal, Punit; Rogers, Benjamin; Rust, Bill; Ryan, David; Saibi, Eric; Schiavone, Paul; Schneider, Bryce; Seely, Michael; Serio, Erik; Shoemake, Lisa; Simpson, Erik; Stalford, Robert; Stepenovitch, Joe; Sturm, Fletcher J.; Symms, Mark; Tamma, Ramanarao; Thomas, Paul D.; Trejo, Reese; Valdes, Maria; Vernon, Clayton; Wang, Steve; Williams, Ryan; Willis, Cory; Zipperer, Mike; Baughman, Edward D.; Clynes, Terri; Dalton III, Oscar; Kelly, Mike E.; Sewell, Doug; Valderrama, Larry; Walton, Steve; Roan, Michael; Perrino, Dave; Maurer, Luiz; Hueter, Barbara A.; Landwehr, Susan M.; Hoatson, Tom; Novosel, Sarah; Nicolay, Christi L.; Yeung, Charles
Subject: RE: RTO Week -- Summary of Standards and Practices Panel

RTO Week

 <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Day 4 - October 18, 2001

Afternoon Session

Standardizing Markets, Business, and Other Practices

Panelists for this discussion were:  Sarah Barpoulis, PG&E National Energy Group; William P. Boswell, GISB; Bill Burkes (substituting for David J. Christiano), City Utilities of Springfield, Missouri; David N. Cook, NERC General Counsel; Michael Kormos PJM Interconnection; LeRoy Koppendrayer, Minnesota Public Utilities Commission; and Marty Mennes, Florida Power & Light Company.

General Observations

The Commissioners were all present the majority of the time (Massey left late in the  afternoon).  FERC Staff was active in the discussion; however, the commissioners were very active as well, asking perhaps as much as 70% of all questions.  There was a general consensus that standards were needed; much discussion focused simply on how much and by who. The Commission seemed very interested in leaning what they needed to do to move the industry forward and how far they needed to go.  Panelists urged the need to mover forward as quickly as possible, but both they and FERC seemed to recognize that some of the issues regarding standardized market design and such needed to be addressed before RTOs could really begin to move forward.  There was discussion on identifying which industry group (NERC or GISB) would take the reins in the future.  On an interesting tangential note, there was noticeable conflict between NERC and GISB, with veiled insults between the two organizations somewhat common during the discussions.

FERC Deliverables

A great deal of the discussions focused on identifying what the industry needed from the Commission.  Staffers probed all panelists to find what they felt was critical.

The first major topic was "How many RTOs?  What is their scope?"  All panelists seemed to agree that this question needed to be answered immediately by FERC, in strong definitive language.  N o one offered any specific language, but seemed to be urging FERC to issue a formal statement.

The next topic was, "What will be standard market design?"  Panelists varied on this, but most felt strong guidance from FERC is urgent.  Some urged for one mandatory design for North America, one supported a set of rigid standard designs, one supported a single design with requests for exceptions (followed by an in-depth review process), and one seemed to prefer the current situation.

The commission in general seemed to be very interested in understanding what the industry needed to move forward.  They continually visited this topic throughout their discussions, asking questions like, "Do we need to issue a Mega-Order that addresses all these issues?" and, "How much detail do you need us to provide?"   General feel from the panelsists seemed to be they wanted strong leadership in this areas.  Kormos and Burkes went so far as to say FERC should "Mandate as much as they felt comfortable - and then go a little further."  Others seemed to be a little worried about this idea, but in general did not oppose the concept, citing only general warnings and the need for cautious investigation.

One item of interest: Wood referred to the filing made by the Electronic Scheduling Collaborative and specifically asked if the items identified in the "RTO Design and RTO Implementation" section would address many of the questions and uncertainty facing the industry with regard to RTO design.  Kormos indicated that clear and specific answers to these questions specifying a course of action would go a long way toward guiding the industry.  The section to which Wood referred was one that I wrote, and asked the following questions:

?         Congestion Management - When Operational Security Violations occur, how is the system to be stabilized in a fair and equitable manner that is nonetheless efficient?  Will LMP based systems be standard, or will there be others that must be accommodated?

?         Transmission Service  - Are transmission services required to schedule ("covered" schedules only), or are they risk management tools protecting from congestion charges (both "covered" and "uncovered" schedules are allowed)?

?         Loop Flows  - Are contract-path based or flow-based transmission services appropriate?  If contract-path based, how are parallel path issues to be addressed?

?         Grandfathered Transmission Service - Should contracts existing prior to RTO development be transferred, or is there an equitable way to retire those contracts?  Are there other solutions?

?         Energy Imbalance Markets - How are imbalance markets to function? Will they serve as real-time energy markets (support unbalanced schedules), be limited to supplying needs of imbalance service (require balanced schedules), or will they be required at all?

?         Ancillary Services - Will ancillary service markets be developed in standard ways?  Will entities be required to actually schedule ancillary services (required to schedule), or will they be treated primarily as financial instruments (protecting against real-time POLR charges)?

?         Losses - Can we utilize the imbalance markets to support losses?  Can we create specific loss standards that facilitate the scheduling process, or must we support methods that are currently in tariffs, but technically unwieldy?

?         Non-Jurisdictionals - How are non-jurisdictionals to be integrated into the new world?  Should systems be designed with the assumption that non-jurisdictional will be part of an RTO?  Or should they be designed to treat each NJE as a separate entity?

Hopefully, FERC will use this section as a template to answer these critical questions in an assertive manner, and give some solid direction in which to move. Kormos emphasized the need for concrete answers to these questions, pointing out that vague answers (i.e., "do congestion management") will take a year or two to resolve, but specific answers (i.e., "LMP with financial hedging instruments") will take only months.  The Commission asked Mike about moving forward, and he told them that effectively, it was impossible to move forward with implementation without getting these issues addressed.

Now for a  funny point - One of the commissioners (I think Breathitt) referred to some concerns expressed in the Northwest that their high concentration of hydro power makes LMP inefficient for the Northwest.  Kormos flat out said, "My profession is understanding how power systems work, and I don't believe that that statement is true."  He then backpedaled a bit and said that it would need more study, but he stood by his statement that the assertion by the Northwest interests was false.

NERC and GISB

A great deal of discussion focused around the need for a single standard-setting organization.  Massey went so far as to ask, "Are we looking at a beauty contest between NERC and GISB?"  Cook and Boswell then went into several short polite jabs at each other's organizations.  Other participants continually reiterated the need for ONE, INDEPENDENT organization.  Interestingly, Boswell was very emphatic about the established trust and respect in GISB, while Cook preferred to only talk about the "new" structure of NERC and did not focus on its history.

Brownell offered some not-too-subtle passive support of GISB by pointedly asking both Cook and Boswell if they lobbied political positions (i.e., were they not only an organization but also a stakeholder?).  GISB was easily able to say they were not, but NERC of course had to admit to their romancing of Congress and the Bush administration for reliability legislation. Point, Brownell.

Mennes acted as somewhat of a supporter for NERC, playing Dave Cook's yes-man.  He probably did them a little bit of harm by pointing to NERC's supposed "successes," such as TLR and E-Tag.  If staffers have tenure, they will likely remember that these "successes" have not been so successful, resulting in several filings and interventions.  We may also wish to file comments in specific objection to these claims, to refresh their memory and to show the pretty picture Marty painted was in fact a fiction.

There was a little discussion about splitting reliability and market issues, but general consensus was that I could not be done.  There was also some talk of folding NERC under GISB/EISB.

The arguments began winding down after a some time, and Boswell strongly urged the Commission to speak to industry executives and advocacy group leadership to see whether NERC or GISB should lead the industry forward.  NERC somewhat less enthusiastically supported this position.  In general, I would say it was a close fight but GISB came out more on top.

Let me know if you have any questions.

Andy Rodriquez
Regulatory Affairs - Enron Corp.
andy.rodriquez@enron.com
713-345-3771


This upcoming  call  and  Q  AND  A    may be of interest.  Margaret
---------------------- Forwarded by Margaret Carson/Corp/Enron on 11/08/2000
08:19 AM ---------------------------

webmaster@cera.com on 11/07/2000 09:04:48 PM
To: Margaret.Carson@enron.com
cc:

Subject: CERA Conference Call: FERC's Order for California Market: Bold
Decision of Insufficient Action? - CERA Conference Call

**********************************************************************
CERA Conference Call: Sent Tue, November 07, 2000
**********************************************************************

Title: CERA Conference Call: FERC's Order for California Market: Bold
Decision of Insufficient Action?
Author:
E-Mail Category: Conference Call
Product Line: Western Energy , North American Power ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=3014&m=1412 ,
http://www.cera.com/cfm/track/eprofile.cfm?u=3014&m=1413 ,

Alternative URLs:
Western Energy Members:
http://www.cera.com/client/ce/cc/110700_16/ce_cc_110700_16_ab.html
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http://www.cera.com/client/nap/cc/110700_16/nap_cc_110700_16_ab.html
***********************************************************************
North American Electric Power and Western Energy
Conference Call
A Cambridge Energy Research Associates Conference Call

TOPIC
FERC'S ORDER FOR THE CALIFORNIA MARKET:
BOLD DECISION OR INSUFFICIENT ACTION?

* A FERC Vote for Market Solutions
* Where is the Relief for Retail Customers?
* What's Next for California and Western Wholesale
Markets?
* Implications for the Broader North American Power
Market

FORMAT
At the time listed below, our speakers will address this
topic for approximately 30 minutes, followed by an open
question and answer period.

SPEAKERS
Larry Makovich, CERA Senior Director, North American
Electric Power
Mike Zenker, CERA Director, Western Energy

TIME
1:00 P.M. Eastern, Monday, November 13, 2000

ELIGIBILITY
Clients eligible to participate in this conference call
are those who subscribe to the North American Electric
Power Retainer Advisory Service or the Western Energy
Retainer Advisory Service.

TO ENROLL
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10, 2000.

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Trina and Alicia:
Do you know who is commenting on the Enron reps and warranties mentioned in
the cover memo either from your side or our side?  Also, Mark Evans is
calling me tomorrow at 10 to go over the "New" structure.  Let me know if you
want to be plugged in.  I'm not sure if the swap docs are affected.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
----- Forwarded by Carol St Clair/HOU/ECT on 05/15/2000 01:11 PM -----

	MWilson2@milbank.com
	05/13/2000 08:17 AM

		 To: sdwyer@enron.com, mabboudy@enron.com, aedgley@enron.com,
mevans@enron.com, plord@enron.com, baiken@enron.com, bglisan@enron.com,
mike.jakubik@enron.com, jbadillo@enron.com, jginty@enron.com,
donette.dewar@enron.com, alvaro.camarero@enron.com, sschard@enron.com,
dscott@dlj.com, rcabes@dlj.com, scott.sefton@enron.com,
carol.st.clair@enron.com, dhemsey@dlj.com, jball@dlj.com, pwoodbur@dlj.com,
rpiskadl@dlj.com, nora.dobin@enron.com, bherman@dlj.com,
melissa.p.allen@arthurandersen.com, cclementdavies@velaw.com,
jeldredge@velaw.com, smacgibbon@velaw.com, tchandler@velaw.com,
acurry@velaw.com, mschimberg@velaw.com, mkidwell@velaw.com,
awright@velaw.com, eosterberg@velaw.com, mrh@mm-brig.mottmac.com,
jl1@mm-brig.mottmac.com
		 cc: TSiebens@milbank.com, PFletcher@milbank.com, TDavis@milbank.com,
BKayle@milbank.com, LKeene@milbank.com, FKneip@milbank.com,
FPuleo@milbank.com, ERayner@milbank.com, AWalker@milbank.com,
JEveling@milbank.com
		 Subject: Margaux Certificate Purchase and Trust Agreements

Please see attached cover memo.

Regards,

Melanie Wilson Salinas
Milbank, Tweed, Hadley & McCloy
Dashwood House
69 Old Broad Street
London? EC2M 1QS
ph.:? 020 7448 3022
fax:? 020 7448 3029
email:? mwilson2@milbank.com

 <<Cover Memo.doc>>  <<Certificate Purchase Agreement.doc>>  <<Equity Trust
Agmt.doc>>  <<Issuer Trust Agreement.doc>>

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
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If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer.

 - Cover Memo.doc
 - Certificate Purchase Agreement.doc
 - Equity Trust Agmt.doc
 - Issuer Trust Agreement.doc


Greetings!

  Today's EarthSat 6-10 and 11-15 maps:

Possible EarthSat's 6-10 for tomorrow:

Sunday Video Briefing is located in the Afternoon Video link on Research and
Gas Fundamentals
Web Pages.

Jose Marquez


I hope you were only thinking good things!
I had a pretty good weekend.  I got to see my extended family in Fairfield.
Did you ever meet my cousin Chuck and his wife Shelley?  They have the cutest
kids (Becca and Cullen).  So, I spent a lot of time with them.  I had fun at
your birthday party!  When do I get to take you to PF's for lunch?

Danielle Samson <DanielleS@JonesGranger.com> on 02/07/2000 06:44:38 AM
To: "'Eric Bass'" <Eric.Bass@enron.com>
cc:
Subject: RE:

Yes I did.  I was just thinking about you.  I'm really glad you showed up.
I'm also sorry to hear about your grandma.  I will keep her in my prayers.
I had a fun and relaxing weekend, and I'm really glad you were a part of it
:-).  Did you have fun?

  -----Original Message-----
  From: Eric Bass [mailto:Eric.Bass@enron.com]
  Sent: Monday, February 07, 2000 11:12 AM
  To: danielles@jonesgranger.com
  Subject:

  did you have a good birthday weekend?


Dear Ms Shackleton

Further to your e-mail to Stephen Haratunian of Friday evening please find
below an e-mail that I sent earlier on Friday.

Regards

Mark Skinner

>  -----Original Message-----
> From:  Skinner, Mark
> Sent: Friday, October 27, 2000 2:49 PM
> To: Jim Armogida (E-mail); Clint Freeland (E-mail)
> Cc: Haratunian, Stephen; Emerson, Michael; Chiodi, Maria
> Subject: Enron Corp - Forward Transaction - Draft Confirmation
>
> Dear Mr Armogida and Mr Freeland
>
> Further to your recent discussions with my colleague, Stephen Haratunian,
> please now find attached herewith a draft Confirmation in respect of the
> Forward Transaction between CSFBi and Enron Corp.
>
>  <<Fwd001027.doc>>
>
> We look forward to discussing this draft with you further.
>
> Regards
>
>   Mark Skinner  Email: mark.skinner@csfb.com
>   Vice President and Counsel
>   CREDIT  | FIRST  TEL. (212) 325 8655
>   SUISSE  | BOSTON FAX. (212) 325 8036
>   Credit Suisse First Boston Corporation
>   11 Madison Avenue, New York, N.Y. 10010
>
>

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
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recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
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indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.

 - Fwd001027.doc


-----Original Message-----
From: 	Walton, Steve
Sent:	Thursday, August 16, 2001 2:52 PM
To:	Denne, Karen; Steffes, James D.; Steffes, James D.; Kaufman, Paul; Landwehr, Susan M.; Shapiro, Richard; Perrino, Dave
Subject:	Article for Oregon Futures

Karen, et. al.,

	As I explained a couple of weeks ago, I was asked to write "Pro RTO" article for a magazine called Oregon Futures.  The request came to me by way of Portland General and Paul Kaufman.  The article is due to the magazine by August 27th.  Will you please provide suggestions or changes at your earliest convenience.  I will be in the office only until next Tuesday, so we have the article ready for submission by August 21st.  Thanks for your help.

Steve


>
> We've been notified by Building Security that there have been 4
> suspected terrorists working at our office. Three of the four have been
> apprehended.
>
> Bin Sleepin, Bin Loafin, and Bin Drinkin have been taken into custody.
> Security advised us that they could find no one fitting the description
> of the fourth cell member, Bin Workin, in the office. Police are confident
> that anyone who looks like he's Bin Workin will be very easy to spot.
>


Attn.: Mr. Jeffrey K. Skilling, Chief Executive of Enron Corporation

Below you will find the EXECUTIVE BRIEF for the referenced project for your
perusal.

Attached to this email you'll find the following MS Word files:
1. "OES Mgmt Bios"
2. "OES Exec Brief " containing Proforma & Use of funds information.

Please indicate interest via fax and email furthermore, the following
confidential information from the Directors/Promoters are available, upon
request, for your perusal:
? Detail Business Plan.

We look forward in hearing from you to further facilitate the funding
consideration of this project(s).

For more information send inquiries via fax (1-212-208-2954) or e-mail
(Agapefndg@aol.com).

Thank you,

Mr. Higgens H. Hyacinthe, Managing Director
AGAPE FUNDING
575 Madison Avenue, 10th Floor
New York, NY (USA) 10022
Direct contact: 1-917-945-1656
Tel: 1-212-605-0409
Fax: 1-212-208-2954
Email: Agapefndg@aol.com
------------------------------------------------------------------------------

---------------------------------------------
EXECUTIVE BRIEF

FOR

OCTANE ENHANCEMENT SYSTEMS, USA

Loan Amount: $60,000,000 USD
Type of Project: Manufacturing Facilities
Loan Term (maturity): 10-15 years
Project Venture Share: Between 30 and 50%, depending on the Lender's proposed
split between equity investment and loan.
Funding Stage: Straight-debt funding, equity investment or a combination of
both for a start-up without a financial history requiring capital for
facility construction.
Objective: The employment of its technology in a world-class refinery to
upgrade low value petroleum feedstocks into aviation fuel and marketable
ultra high octane blending stock for unleaded gasoline.
Market: The Client Company's process for making unleaded gasoline has been
operated on a semi-plant scale for several months and the products
successfully sold to independent gasoline distributors.
Company Investment: The Client Company's project team members have invested
six years and in excess of $1.5 Million USD in developing the technology.  In
addition, the management team is comprised of eight individuals who have
between them over 200 years of successful experience in the petrochemical
industry in R&D, project management, and refinery management.
Total Asset Value: At the time of the completion of loan draw down will be in
excess of $153,000,000 US. (See 'Asset Value with Facilities')

Purpose:
Phase I  - Ammonia fertilizer
Phase II  - Reclaimed solvents
Phase III  - Pollution Free Gasoline

1. Company Introduction - The Client Company was formed specifically to
commercialize its proprietary technology and the expertise for:

1) The conversion of low BTU natural gas in ammonia for fertilizer.

2) Specialty refining and reclamation of spent solvents and rafinates from
plastics manufacturing in order to convert these streams into products that
can be sold as unleaded gasoline and diesel fuel.

3) The refining of low value petroleum feedstocks into pollution free
aviation fuel and marketable ultra high octane blending stock for unleaded
gasoline.

4) The reclamation/refining of spent chlorinated solvents in order to market
these streams as unleaded gasoline and diesel fuel.

5) The employment of its technology in a world-class refinery to upgrade low
value petroleum feedstocks into aviation fuel and marketable ultra high
octane blending stock for unleaded gasoline.

In order to minimize the overall risk and the time required to achieve a
positive cash flow, the Client Company has developed a multi phase Strategic
Production Plan

Phase I is the smallest of the phases and will employ the Client Company's
expertise in ammonia production from low BTU natural gas.  Phase I can be
completed and show a profit within seven months of initial funding.

Phase II is somewhat larger than phase I and will employ its own unique
proprietary technology and a separate geographical facility location.  Phase
II can be completed within about twelve to fourteen month after funding and
the will show a profit about two months after startup. The future of this
phase of the Client Company's strategic plan is somewhat less clear today
than it appeared several months ago when the plan was developed.  The recent
dramatic rise in energy prices in the US has caused some generators of the
spent solvents that will be the feedstock for this facility to begin using
these streams for fuel.  A reevaluation of this situation is underway at the
present time and the decision as to the future of this phase will be made in
late first quarter of 2001.

Phase III, although much more capital intensive than phase II, has been
separated from phase IV for several reasons:

1. Environmental permits - the Phase III facility will be purely a petroleum
processing facility similar in principle to several hundred other petroleum
processing facilities in the State of Texas, and therefore, obtaining an air
emissions and operating permit should not take over six months.  In contrast
to this, the permits for the reclamation of the hazardous chlorinated
solvents, Phase IV, will require between ten and eighteen months if all goes
well.

2. Equipment deliveries - the technology to be employed and the absence of
corrosive compounds in the processes for Phase III will allow the equipment
and piping to be fabricated out of common carbon steel rather than the exotic
alloys, which will be required for the Phase IV, chlorinated solvent
reclamation process.

3. Transportation - the handling of the petroleum feedstocks and products for
Phase III are much simpler than the chlorinated solvent feedstocks for Phase
IV.

Phase IV will utilize a location in the US while Phase V will probably be
located in the Caribbean.

2. History of Project: The project team members have invested six years and
in excess of 1.5 MILLION DOLLARS US in developing the technology and the
business opportunities which are described herein.

3. Mission Statement: The Client Company's mission is to capitalize on the
business opportunities it identifies, profitably employ its proprietary
technology, and where possible assist in solving environmental problems.

4. Funding Stage: Is a start-up without a financial history and is seeking
capital for facility construction and startup - straight debt funding, equity
investment or a combination of both.

5. Project Ownership? / Management
THE MANAGEMENT TEAM
The management team is comprised of eight individuals who between them have
over 200 years of successful experience in the petrochemical industry in R&D,
project management, and refinery management.  In addition the team includes
another individual with in excess of 25 years of financial experience in
banking, investment banking and financial management.

THE SCHEDULE
From the point of the first financial draw approximately 6 to 7 months will
be required to construct the phase I plant, go through startup and be ready
to commence full-scale production.  The other phases will follow as indicated
above.

6. Unique Features (Key Considerations) of Project:

Ammonia production - This phase of the Client Company's strategic plan will
commercialize its principals' expertise in fertilizer production and
marketing and their successful experience in adapting proven processes to
unique opportunities.  The Client Company is in the process of finalizing a
gas purchasing agreement with a firm that has acquired the mineral rights to
large area of land in west Texas under which is located a significant deposit
of low BTU natural gas.  The Client Company can purchase this gas at very
attractive pricing.  While this gas is not suitable for sale as "pipeline"
quality gas it is suitable for the production of ammonia.

Solvent reclamation - This phase of the Client Company's strategic plan will
commercialize its proprietary technology and its principals' expertise in
reclaiming spent solvent streams and rafinates, and refining them into usable
fuels.  Some of these are currently being incinerated as hazardous waste and
others are being blended into low value products.  The Client Company's
proprietary refining technology has the ability to process these materials
and convert them into value added products.

Pollution free gasoline - This Phase of the Strategic Production Plan will
commercialize its proprietary technology for the refining of low value
petroleum feedstocks into pollution free aviation fuel and marketable ultra
high octane blending stock for unleaded gasoline.

The Client Company will utilize ABC Industries to broker its products and
assist in feedstock procurement. ABC Industries currently arranges for the
supply of feedstock to DEF Fuels, one of the Client Company's major
customers, and brokers their products.  ABC Industries will also
broker/market to other customers any left over high-octane blend stock and
all of the aviation gasoline.

The Client Company plans to offer its unleaded gasoline at a price of
one-half to one cent below the locally posted rack price.  Rack price is the
price that a distributor pays for products at the terminal loading rack and
varies somewhat from day to day and though out the year as gasoline demand
and crude oil prices vary.

FEEDSTOCK SUPPLY - The feedstock for the ammonia facility will be low BTU
natural gas from the gas field directly under and surrounding the facility.
The feedstock for the solvents reclamation will be obtained directly from the
generators of the spent solvents.  The feedstock for the gasoline production
facility will be obtained from several LPG producers in the West Texas area.

The cost of the majority of the Client Company's feedstocks have historically
tracked the price of crude oil as has the price of gasoline at the rack and
retail pump.  The solvent feed stocks will be procured from the generators
with the aid of several brokers who normally deal in these materials.  These
spent solvents will be shipped to the Client Company facility at the port by
truck, railroad tank car and barge.

THE TECHNOLOGY - The Client Company has developed its own proprietary
technology for:

1. The refining/reclamation of spent solvents and rafinates and their
conversion into value added products.
2.  The production of ultra high octane blend stock for use in unleaded
gasoline and aviation fuel.
3.   The reclamation of chlorinated solvents.

The possibility of patent protection for these technologies is being explored
with one patent already filed.  Initial patent searches do not indicate any
potential infringement of existing patents, but the Client Company makes no
representation as to the ability to secure patent protection.  However, every
effort will be made to protect the confidentiality of the nature of the
processes that the Client Company will employ in its facilities.

The Client Company process for making unleaded gasoline has been operated on
a semi-plant scale for several months and the products successfully sold to
independent gasoline distributors.

The plants will be designed to meet all of the current standards including
EPA, API, OSHA, ASME and good engineering practice.

THE COMPETITION - The Phase I operation will face very limited competition
because the ammonia plants which in the past have served the west Texas, New
Mexico, and western Oklahoma area have all been shut down during the past
several years.  Therefore, all of the ammonia consumed in the region is being
shipped in by truck or railcar.  The Client Company believes that freight
considerations alone will provide sufficient cost differential to insure that
it can successfully sell its 50,000 tons per year of product into the local
market.

The Phase II operation will face very limited competition because we have
been able to identify only one dedicated facility that is doing work similar
to what the Client Company will be doing.  The main advantage the Client
Company will enjoy is the ability to assure the generators of the spent
solvents and rafinates that their waste will be processed in such a manner,
and with the high level quality control which only a dedicated facility can
maintain, that the end products will be of such quality that the generator
will no longer face the present contingent liability caused by product
failure in their final application.

For the Phase III facility at Dallas Texas, the Client Company will face very
little local competition for its ultra high-octane blend stock and reasonable
competition for its aviation fuel.  At the present time there does not exist
any local producer of ultra high-octane blend stock and it along with
aviation fuel is being shipped in from the Gulf Coast and other more distant
suppliers.  Others who might attempt to duplicate the Client Company's
approach will not have access to the Client Company's proprietary technology
and will be at a distinct economic disadvantage. At the present time the
Client Company is not aware of competition that might tend to drive up prices
for the petroleum feedstocks (i.e., normal and isobutane) that will be used
in its Phase II process.  These feedstocks are available in more than
adequate quantities at the prices used to calculate the proforma's.

7. Overview of Market: - The overall nationwide market for unleaded gasoline
is in excess of 342,000,000 gallons per day. The overall nationwide market
for aviation fuel (100 octane gasoline) is in excess of 67,000,000 gallons
per day.  The local Dallas Texas market for aviation fuel is in excess of
750,000 gallons per day.  This market is expected to grow about 2% per year
for the foreseeable future. The Client Company has set as its corporate
objective to capture 15% of the Dallas aviation gasoline market over the next
five years.

Approximately six billion gallons per year solvents are used in the US for
various cleaning applications.  The disposal of the resulting hazardous waste
is a major cost for the user.  The Client Company will use these spent
solvent blends as a feedstock and thereby remove the "hazardous waste"
designation from the material.  At a processing rate of 100,000 gallons per
day the Client Company will process about 0.6% of the solvents that are
available for recycle or reclamation in the US.

8. Financial Overview (USD) - see the attached proforma.

9. Use of Funds - see the attached sources and uses statement. (The numbers
are solid to use at project.  In the loan amount, we have add the pre-funding
cost)

ASSET VALUE OF the Client Company W/FACILITIES

TECHNOLOGY - Within 18 months of initial funding the Client Company will have
the following patent applications filed and assigned to the Client Company:

1. Composition of matter patent covering its butane isomerization catalyst.

2. Composition of matter patent covering its structured/ solid alkalation
catalyst.

3. A process patent covering its chlorinated solvent reclamation catalyst.

4. A process patent covering its process for the optimum dispersion of light
hydrocarbons in ethanol.

5. A process patent for its process for the reclamation of an existing waste
solvent.

6. A process patent for its process for benzene destruction in Platformate.

7. Several (3+) process patents for the reclamation of spent solvents and
rafinates.

The patent searches for all of these have been completed and in the informal
opinion of our patent attorney all of these patents will probably be granted.

Number 1 & 2, above, can currently be obtained from UOP and Phillips
Petroleum, for example, for about a million dollars per year (royalty or
technology fee) each.  Once we have fully proven these two in long-term plant
performance tests, the Client Company may well elect to market this
technology.

By present day appraisal methods, (i.e. actual and estimated royalty values)
these patents will be worth between five and seven million dollars per year
to the Client Company.  Using standard "future value" calculations (ten
years, 3% inflation) the asset value of these patents is $67,800,000.

LAND - Dallas Texas  - It is the Client Company's intention to purchase
approximately 100 acres of land in Texas as the site for the Dallas / Ft
Worth facility.  A portion of this land will be purchased
 - OES Mgmt Bi05.ZIP


i took the test and this is what it said.
colors green blue yello purple red black white orange
You are a very sensitive person and you try hard (perhaps a little too hard) to make favourable impressions and to be recognised by your peers. But you have that inherent need to feel appreciated and admired and you are easily hurt if all of your endeavours go by unappreciated or not acknowledged. Stop trying so hard.
You are very talented, imaginative and sensitive but you are holding back as you do not really like going it 'on your own'. In preference you would like to team up with someone, someone with similar attributes as your own, to explore - to seek out and go perhaps 'where no other man has trod before'. It is the unusual that attracts you and which will give you a sense of excitement and adventure.
Everything seems to have gone wrong and the situation at this time is such that you are not quite sure which way to turn. So it would appear that you are 'holding back', re-consolidating your position and relinquishing all fun and games for the time being.
You are holding back. You need to find friends in whom you can trust and once they have proved themselves beyond all possible doubt you will be prepared to give them your all. The existing situation is not of your liking - you have an unsatisfied need for mental stimulation with others whose standards are as high as your own. Trying to control your instincts the way you do restricts your ability to open up to others and the way you feel at this time is suggestive of 'total surrender'. This is not to your liking as you consider such thoughts as weaknesses that need to be overcome. You feel that only by control, controlling your innermost thoughts, are you able to maintain your air of superiority. You want to be admired for yourself alone and not for what you can do or for what you may have done. In essence 'you need to be needed' and at the same time 'you need to need'.
You need to be respected as an exceptional individual. This is the only way that you can hope to achieve the status that you wish to achieve. You set yourself very high standards - and come what may - you abide by them.
Don't date or hook yourself up with a hussy.  Just remember, no woman deserves you and they should all thank their lucky stars that you even ackknowledge them.

 -----Original Message-----
From: 	Kelly, Katherine L.
Sent:	Wednesday, February 06, 2002 10:13 AM
To:	'Beverly.b.beaty@williams.com'; Homco, Meredith; Sanchez, Christina; Garcia, Clarissa; Germany, Chris; Bryan, Gary; Valdes, John; Patton, Anita K.; Lamadrid, Victor; 'tricia.spence@elpaso.com'
Subject:	FW: profile

 -----Original Message-----
From: 	"Valencia, Lupe" <LValencia@hess.com>@ENRON
Sent:	Tuesday, February 05, 2002 4:06 PM
To:	Kelly, Katherine L.
Subject:	FW: profile

Go to this site and take the personality profile.
<http://www.colorgenics.com>


We offer some of the best bulk e-mail prices on the Internet. We do all the mailing for you. You just provide us with the ad! It's that simple!

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I left you on Portland for now but obviously when we announce the strucutre it will change.  Duran does know though.

 -----Original Message-----
From: 	Calger, Christopher F.
Sent:	Thursday, December 06, 2001 10:46 AM
To:	Kitchen, Louise
Subject:	netco

what list am I on?

Chris Calger
503-464-3735


---------------------- Forwarded by Tana Jones/HOU/ECT on 10/12/99 09:04 AM
---------------------------

Michael R Brown
10/12/99 02:46 AM
To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: Legal Conference

Not Jon .
Just me , Justin and Paul .
Incidentally , I have told about four different people this .
Michael


Please  see  revised schedule below

Ann Eason
Enron Broadband Services
Human Resources
Office Ph: (713) 345-8666
Fax Number(713) 646-8531


With Laura Tyson's complete and unwavering commitment to this project, we
can now move ahead.  I have not as yet decided whether it makes most sense
to do this through LECG alone, or jointly through LECG and UC.  The latter
is quite possible.  Let's figure out what's appropriate, given LECG's and
the University's complex conflict of interest and conflict of commitment
rules.  We will certainly get the job done and stay well within any rules
which may be pertinent.  Hence, for the meantime at least, let's think of
this project as a hybrid.

I believe the ball is now in your court to "sell" this to an industry
consortium.  I am of course willing to help if necessary.

-- David

PS -- I believe Tom Campbell will join the team enthusiastically after
January 7th when his term in the House expires.  Tom and Laura are
exceptionally talented and can work together.

(See attached file: Industry Collaborative Electricity Market Study.doc)
 - Industry Collaborative Electricity Market Study.doc


Kevin,

I would like to see the expense reports to monitor
the rate at which we approach our group budget limits.

Thanks.

Vince

Kevin G Moore
02/22/2000 08:48 AM
To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Shirley
Crenshaw/HOU/ECT@ECT
cc:
Subject: Signature's

Hello Everyone ,

Starting Today , 2/22/00  Mike Roberts signed a expense report.

Vince, I need to know from you if this is okay and do you want to see
them ?

Also Shirley , if Mike signs for anything else other than a expense report ,
 I will pass it by your desk whereby you can know exactly what it is.

                                        Thanks
                                     Kevin Moore
Please inform........


Start Date: 1/14/02; HourAhead hour: 12;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011412.txt


New address, effective 11/28/01:

Robin & Mallory Gladstein
5514 Havenwoods  Dr.
Houston, TX  77066-2410
New fax number:  281-895-7038;  phone number, cell number and email stay the same.


?
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According to the CES Data Room book, the price on this deal is IF CGAS +
.015.  I changed it in Sitara effective Jan 1, 2000 - Nov 30, 2001.

---------------------- Forwarded by Chris Germany/HOU/ECT on 03/24/2000 06:32
AM ---------------------------

Joan Veselack@ENRON
03/23/2000 05:56 PM
To: Robin Barbe/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Scott
Goodell/Corp/Enron@ENRON
cc: Victor Lamadrid/HOU/ECT@ECT, Robert Allwein/HOU/ECT@ECT, Joann
Collins/Corp/Enron@ENRON, Katherine L Kelly/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT
Subject: Roanoke Term Deal

Robin, Tom Clark at PG&E called and is not taking the 4400/day for April 2000.

Chris and Scott, please check deal ticket 145312 for correct pricing. The CES
deal term date  is 12/1/98 to 12/1/2001 and gms # is s-roanoke-2746.

I extended the Enron deal ticket to match the CES deal term. Not sure what
the pricing should be.

Thanks.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2001
03:30 PM ---------------------------

Spyros.Maragos@dynegy.com on 01/31/2001 09:41:24 AM
To: vkamins@ect.enron.com
cc:
Subject: Presentation Slides

Good morning Vince:

This is a reminder for you to send me the slides of yesterday's
presentation at your earliest convenience.
As far as lunch is concerned, right now I am totally free for next week.

Spyros


Note:  All meetings (including breakfast reservations) have been confirmed.

*The Honorable Pat Wood, III
512-936-7499 (direct)
512-936-7009 ) (Assistant:  Linda)
512-422-4386 (cell)
Residence Inn ) 202-898-1100 ) May 2, 2001

MEMBERS OF CONGRESS
SCHEDULING MEETINGS FOR:
Steve Kean, Executive Vice President and Chief of Staff
May 2, 2001

SCHEDULE:
Wednesday, May 2, 2001
NOTE:  There will be no driver for the majority of the meetings.  Driver
hired to take Steve Kean to the DCA.

8:45 AM *Breakfast with Pat Wood and Linda Robertson and Steve Kean
  Hay-Adams
800 16th Street, NW
Washington, DC  20006
202-638-6600       Steve Kean, party of three

10:45 AM The Honorable Roy Blunt     Steve/Karl/Linda
US House of Representatives
217 Cannon House Office Building
Washington, DC  20515
202-225-6536
202-225-5604 (fax)
Richard Eddings: Scheduler

11:45 AM The Honorable Wally Herger    Steve/Linda/Karl
US House of Representatives
2268 Rayburn House Office Building
Washington, DC  20515-0502
202-225-3076
202-225-1740 (fax)
Ms. Cherstyn Monson, Scheduler
R-CA-2nd District

1:00 PM The Honorable George Radanovich   Steve/Linda/John
US House of Representatives
123 Cannon House Office Building
Washington, DC  20515-0519
202-225-4540
202-225-3402 (fax)
Lisa Wallace:  Scheduler

1:45 PM The Honorable Adam Smith     Steve/Chris/Bruce
  116 Cannon House Office Building
  Washington, DC  20515-4709
  202-225-8901
  202-225-5893 (fax)
  Contact:  Ali Weise (Chief of Staff)
  (D-WA)

2:30 PM The Honorable Ed Royce     Steve/John/Karl
2202 Rayburn House Office Building
Washington, DC  20515-0539
202-225-4111
202-226-0335 (fax)
Joan Korich: Scheduler
(Steve Kean and John Shelk)

3:30 PM The Honorable David Dreier    Steve/Linda
  Meet @ H312
Contact Information, only:
Office @ US House of Representatives
237 CHOB
Washington, DC  20515
202-225-2305
202-225-7018 (fax)
Scheduler: Janice McKinney

4:00 PM The Honorable John T. Doolittle (R-CA-4th District)
Steve/John/Karl
2410 Rayburn House Office Building
Washington, DC  20515-0504
Scheduler, Danielle Constantini.
202-225-2511
202-225-5444 (fax)
(Steve Kean and John Shelk)

4:30 PM The Honorable Greg Walden    Steve/John
US House of Representatives
1404 Longworth House Office Building
Washington, DC  20515-3702
202-225-6730
202-225-5774 (fax)
Scheduler:  Melissa Galvan
(Steve Kean and John Shelk)

5:15 PM Pickup at Longworth House Office Building
  Ed Washington, White,s Limousine
  703-521-2100
  703-926-0034 (cell phone)
  Driver will take Steve to DCA

6:00 PM Flight Leaves DCA


Response - There is not enough info. in item four for me to fully answer. I
also need to know what the content of document 2.02.12.G.   However, I'll
give it my best shot:

 The interconnect facilities upstream of the intersection of the lateral and
N. Border's Manhattan Station are subject to FERC jurisdiction.  N. Border
completed the hot tap and interconnect facilities under its blanket
authorization.  I do not know what they mean by "the rest of the Lincoln
facility".  As for the question relating to the "outcome of the EIS process
for the pipeline", do they mean the lateral or the interconnect facility?

Fred Mitro
10/31/2000 08:16 AM
To: Chris Meyer/HOU/ECT@ECT, Dave Kellermeyer/HOU/ECT@ECT
cc:
Subject: Lincoln - EIS issue

Chris/Dave:

Please take a look at question 4 in the attached file.  It deals with the
issue of whether the 2000 Peaker Facilities or associated gas laterals are
FERC jurisdictional facilities and/or require an EIS statement.  My initial
recollection is that such an EIS was not required for either the Lincoln
plant or the attached gas pipeline.

Let me know your thoughts with a cc to Ben Rogers.

Thanks,
Fred

---------------------- Forwarded by Fred Mitro/HOU/ECT on 10/31/2000 08:15 AM
---------------------------

Benjamin Rogers
10/30/2000 06:49 PM
To: Fred Mitro/HOU/ECT@ECT
cc:
Subject:

Fred:
Could you take a stab at question 4 for us.  We have no idea on this one.
Thanks
Ben


(For e-mailing list removal information see bottom of email.)
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FYI, as we discussed.
m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 04/09/2001
12:04 PM ---------------------------

Mary Nell Browning
04/04/2001 01:59 PM
To: James Derrick/Enron@EnronXGate, Michael R Brown/LON/ECT@ECT, John
Sherriff/LON/ECT@ECT, Mark Evans/Legal/LON/ECT@ECT, Fernley
Dyson/LON/ECT@ECT, Paul Chivers/LON/ECT@ECT, Mark Frevert/Enron@EnronXGate,
Greg Whalley/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Jackie
Gentle/LON/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Claire Wright/LON/ECT@ECT,
Raj N Patel - Tax/LON/ECT@ECT, Rex Rogers/Enron@EnronXGate
cc: Richard Harper/LON/ECT@ECT, Paul Turner/LON/ECT@ECT, Peter
Crilly/LON/ECT@ECT
Subject: CATS litigation

Disappointingly, the House of Lords ruled 5 - 0 against Enron in the CATS
litigation today.  This will mean that we will repay to the CATS parties
approximately $150 million plus interest and court costs, putting the final
figure at an estimated $155-160 million.  We expect to be invoiced for the
principal amount in the next week or so; sorting costs and interest may take
as long as 60 days.  The written opinion reflects a determination on the part
of the Lords to rule against us regardless of what the contract says.  The
opinion seeks to conclude "what rational businessmen could have intended"
rather than applying the provisions of the contract.

For example, Lord Hoffman (author of the primary opinion) makes it clear that
the  "retrospective consequences" of discovering a latent defect after
payments have been made (and would therefore need to be refunded) are
unacceptable.  His view seems to be that because we were not ready to flow
J-Block gas during the period of the T-6 leak, we are not damaged and
therefore not entitled to relief under the contract.  Furthermore, he says
that the Commencement Date notice sent by the CATS parties was in the nature
of a declaration and as long as it is sent in good faith it is effective.

As far as the price reduction formula in Clause 7.5, Lord Hoffman opines that
the clause is not operative until TGTL had tied in the J-Block field.  The
contract makes no reference to this requirement.  Hoffman's view is that it
is only upon tie-in that the CATS parties' obligation to provide the
Transportation Service is triggered and therefore there can be no price
reduction for not providing the service unless tie-in is complete. This
statement is in stark contrast with Hoffman's earlier statement in the
opinion that upon the giving of the Commencement Date notice the CATS parties
have an absolute obligation to provide the Transportation Service.

Equally disappointing and surprising is the fact that the Lords rejected our
submission for reimbursement of our costs incurred in connection with the
restitution issue.  As you may recall, restitution was the primary issue upon
which the CATS parties obtained leave to appeal, and they conceded the point
at the commencement of the hearing.  Reimbursement of these costs should have
been a given.

Although I have not yet been able to speak to our most senior barrister, our
other counsel have assessed the opinion as "appalling" and "pathetic," and
describe the situation as one where Enron has been "stitched up".
Unfortunately, given that this is the court of last resort in this country
(except of course the Court of Human Rights), there is not an avenue for
recourse.

In conclusion may I say that although we did not get the result we wanted or
expected from the House of Lords, I very much appreciate all the support from
each of you for these past six years.  The case has been a roller coaster
ride;  I hope our earlier victory in the Court of Appeal will evidence in
fact that some tribunals in this country recognize that we did get it right.

Please call me if you wish to discuss the case in any further detail, or if
you wish to have a copy of the opinion.  My telephone number is 011 44 207
783 6582.  Many thanks.


For your followup and confirmation.
thanks,m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 01/16/2001
09:52 AM ---------------------------

christine.krumbholz@eds.com on 01/06/2001 02:49:13 PM
To: mike.mcconnell@enron.com
cc:
Subject: Super Bowl Registration

Thank you for submitting your registration for the EDS Super Bowl
XXXV event. We look forward to seeing you in sunny Florida!

Sincerely,
Christine Krumbholz
EDS

Attendee Information
--------------------
Prefix:   Mr.
Name:     Mike McConnell
Badge Name: Mike McConnell
Company:  Enron Global Markets
Email:    mike.mcconnell@enron.com
Address:  1400 Smith Street
City:     Houston
State:    Texas
Zip Code: 77002
Phone:    713-853-1450
Fax:      713-853-1922
Method:   Fax
Relation:
Jacket:   Medium
Shirt:    Large

Attendee's Guest
----------------
Name:   Chris McConnell
Badge Name: Chris McConnell
Relation: spouse
Jacket: Medium
Shirt:  Medium

Hotel Information
-----------------
Hard Rock:     Y
Check-In:
Check-Out:
Special Needs:

Activities
---------
Activity Selection:
        Friday, 26 January:
        Saturday, 27 January: Universal Studios
Guest's Activity Selections:
        Friday, 26 January:
        Saturday, 27 January: Universal Studios

Special Occassion
----------------


Heather,

I will have my group gather the names and I will forward them to you.  When
do you need everything?

D

Heather Choate
10/09/2000 07:10 AM
To: Pat Clynes/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Mary M
Smith/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT
cc: Brandee Jackson/NA/Enron@ENRON, Kim Weldon/Corp/Enron@Enron, Irena D
Hogan/HOU/ECT@ECT
Subject: Re: Holiday Cards

 Managers,

  I thought we would get started on sending out our Holiday cards the first
week in November.
  Do we contact the employeesindividually?  or will you provide a list of
names and addresses?

  Please advise.

  Below, you will find the number of cards we have that were purchased for
your group.

  Thank you,
  Heather Choate, x33278
---------------------- Forwarded by Heather Choate/HOU/ECT on 10/09/2000
07:04 AM ---------------------------

	From:  Yvette G Connevey @ ENRON                           09/18/2000 03:08 PM

To: Marge Nadasky/HOU/ECT@ECT
cc: Kim Weldon/Corp/Enron@Enron, Heather Choate/HOU/ECT@ECT, David
Baumbach/HOU/ECT@ECT
Subject: Re: Holiday Cards

50 of the cards should be delivered to myself at eb 3642b and charged to co
0413 Cost Center 107052 for Brenda Herod.
150 of the cards should be delivered to Heather Choate at eb3272b and charged
to CO 0012 Cost Center 105630 for Pat Cynes
50 of the cards should be delivered to Heather Choate at eb 3272b and charged
to co 0012 cost center 105633 for Daren Farmer
50 of the cards should be delivered to Dave Baumbach at eb 3299a and charged
to co 0413 cost center 105634 for Dave Baumbach
25 of the cards should be delivered to Kim Weldon at eb 2184a  and charged to
co 0012 cost center 106292 for Mary Smith

If you have any questions, please give me a call.

Thank You!
Yvette
x3.5923

MARGE NADASKY @
ECT
09/11/2000 12:34 PM

To: Yvette G Connevey/Corp/Enron@ENRON
cc:

Subject: Holiday Cards

My records show that you had ordered 325 holiday cards.  They have recently
arrived and I wanted to verify that you still want your order.  If so, please
provide me with a Co and RC#, along with room location.  Thanks.

marge


Vince where did this resume come from and is he still employed by the
National Bank in Monteal.


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Standings, Summary

East Division

Team	W	L	T	Pct	Back	Strk
	Div	Wks	PF	Back	PA

JWillie	8	7	1	0.531	0.0	T1	4-3-1	2.0	1313.0	146.0	1290.0

Martin	7	7	1	0.500	1.0	T1	4-4-1	2.0	1290.0	169.0	1242.0

Frank	6	7	0	0.462	2.5	L1	5-2-0	3.0	1109.0	350.0	1194.0

Hunter	6	8	0	0.429	2.5	L1	4-3-0	0.0	1250.0	209.0	1255.0

Neal/McKay	1	12	0	0.077	7.5	L11	1-6-0	0.0	927.0	532.0	1148.0

West Division

Team	W	L	T	Pct	Back	Strk
	Div	Wks	PF	Back	PA

Russell	12	2	1	0.833	0.0	T1	5-2-1	2.5	1378.0	81.0	1180.0

Matty	10	4	2	0.688	1.5	T1	5-1-2	4.5	1459.0	0.0	1373.0

Bass/Hull	6	6	1	0.500	6.0	L1	2-4-1	1.0	1124.0	335.0	1090.0

Tori	7	7	0	0.500	5.5	L1	4-3-0
1.0	1105.0	354.0	1084.0

Giggles	5	8	0	0.385	7.5	L4	1-7-0	0.0	976.0	483.0	1075.0

Statistics, Scoring

Bass/Hull Actives

Player	Pos	Scoring	Score

Green, Trent	QB	294 PaYd (14 Pts), 2 PaTD (1,12) (8 Pts), 2 PaInt (-4 Pts)	18.0

Davis, Stephen	RB	111 RuYd (11 Pts), 1 RuTD (6) (6 Pts), 11 ReYd (1 Pt)	18.0

Williams, Ricky	RB	74 RuYd (7 Pts)	7.0

Boston, David	WR	127 ReYd (12 Pts), 2 ReTD (61,5) (12 Pts)	24.0

Brown, Troy	WR	 	0.0

Moulds, Eric	WR	24 ReYd (2 Pts)	2.0

Carney, John	K	1 FG (29) (3 Pts), 1 XP (1 Pt)	4.0

Buccaneers	DT	2 Int (4 Pts), 5 SACK (5 Pts), 1 DFR (2 Pts), 10 PA (2 Pts), 257 YDS (2 Pts)	15.0

TOTALS	 	 	88.0

Bass/Hull Reserves

Player	Pos	ST	Scoring	Score

Dyson, Kevin	WR	RS	92 ReYd (9 Pts), 1 ReTD (40) (6 Pts)	15.0

Hasselbeck, Matt	QB	RS	 	0.0

Ismail, Qadry	WR	RS	38 ReYd (3 Pts)	3.0

Jones, Thomas	RB	RS	69 RuYd (6 Pts)	6.0

Smith, Emmitt	RB	RS	126 RuYd (12 Pts)	12.0

Wilkins, Jeff	K	RS	6 XP (6 Pts)	6.0

TOTALS	 	 	 	42.0

NFL Reports, Player Updates

Latest NFL Player News

 Seahawks, DT SEA - Free Agent Updated 12/31/01
CB Shawn Springs did not make the trip to San Diego for Sunday's game against the Chargers. He has yet to be added to the team's active roster, and is questionable for Week 17 against Kansas City.

Martin Gramatica, K TB - Free Agent Updated 12/31/01

Gramatica missed Saturday's game against Baltimore due to a leg injury. He will attempt to practice on Wednesday, but early indications seem to point to Doug Brien handling the kicking duties in Week 17.

Frank Wycheck, TE TEN - Matty Updated 12/31/01
Wycheck left Sunday's game against Cleveland in the first quarter due to a thigh bruise. He did not return to the game and is listed as day to day.

Matt Hasselbeck, QB SEA - Bass/Hull Updated 12/31/01
According to the Seattle Post-Intelligencer
, Hasselbeck (shoulder) hopes to play in Seattle's season finale. However, it seems more likely that Trent Dilfer will start for the second consecutive week.

Joe Jurevicius, WR NYG - Giggles Updated 12/31/01
Jurevicius suffered bruised ribs during Sunday's game against Philadelphia. He was able to finish the contest, but was held to only one catch for 18 yards.

Tiki Barber, RB NYG - Neal/McKay Updated 12/31/01

Barber suffered a slightly sprained ankle during Sunday's game against Philadelphia. He was able to finish the contest, and compiled 158 all-purpose yards in the Giants' 24-21 loss.

Stephen Davis, RB WAS - Bass/Hull Updated 12/31/01
Davis suffered a sprained ankle during Sunday night's win over New Orleans. He was removed from the game for precautionary measures, and is expected to start in Week 17 against Arizona.

Correll Buckhalter, RB PHI - Free Agent Updated 12/31/01

Buckhalter suffered an ankle injury during Sunday's 24-21 win over the N.Y. Giants. The rookie tailback is listed as day to day.

Travis Minor, RB MIA - Giggles Updated 12/31/01
Minor got most of the carries during Sunday's 21-14 win over Atlanta. The rookie compiled 98 all-purpose yards and a touchdown in the game, and may have overtaken Lamar Smith as Miami's featured back.

Amos Zereoue, RB PIT - Free Agent Updated 12/31/01

Zereoue suffered a shoulder injury during Sunday's game against Cincinnati. He left in the first quarter and did not return to the contest. He is listed as day to day.

Fred Baxter, TE CHI - Free Agent Updated 12/31/01
Baxter suffered a sprained ankle during Sunday's 24-0 win over Detroit. He is listed as day to day.

Isaac Byrd, WR CAR - Free Agent Updated 12/31/01

Byrd suffered a concussion and a leg bruise during Sunday's 30-7 loss to Arizona. He may be listed as questionable for Week 17 against New England, but his current status is day to day.

Donald Hayes, WR CAR - Martin Updated 12/31/01
Hayes suffered a sprained ankle during Sunday's game against Arizona. He could be listed as questionable for Week 17 against New England, but his current status is day to day.

Reggie Kelly, TE ATL - Free Agent Updated 12/31/01

Kelly suffered a shoulder injury during Sunday's 21-14 loss to the Miami Dolphins. He was unable to return to the game, and is listed as day to day.

Chris Chandler, QB ATL - Free Agent Updated 12/31/01
Chandler left Sunday's game against Miami in the second quarter after suffering an injury to his right elbow. X-rays were negative, but Chandler did not return to the game. He is listed as day to day.

Oronde Gadsden, WR MIA - Matty Updated 12/30/01
Gadsden (hamstring) started Sunday's game against Atlanta.

Muhsin Muhammad, WR CAR - Martin Updated 12/30/01
Muhammad (toe) has been deactivated for Sunday's game. Isaac Byrd will start in his place.

Wesley Walls, TE CAR - Free Agent Updated 12/30/01
Walls (knee) has been declared inactive for Sunday's game. Kris Mangum will start in his place.

Todd Bouman, QB MIN - Free Agent Updated 12/30/01

Bouman has been deactivated for Sunday's game. Spergon Wynn will start in his place.

Dez White, WR CHI - Free Agent Updated 12/30/01
White has been declared inactive for Sunday's game. David Terrell is expected to start in his place.

James Stewart, RB DET - Hunter Updated 12/30/01
Stewart has been deactivated for Sunday's game. Lamont Warren will start in his place.

Mike McMahon, QB DET - Free Agent Updated 12/30/01
McMahon will not play on Sunday. Ty Detmer will start in his place.

Jerome Bettis, RB PIT - Giggles Updated 12/30/01
Bettis has been declared inactive for Sunday's game against the Bengals. Chris Fuamatu-Ma'afala will start in his place.

Jay Fiedler, QB MIA - Tori Updated 12/29/01

Fiedler has been added to Miami's injury report with a sore throwing elbow. He is listed as probable for Sunday's game against Atlanta, and is expected to start.  If you're desperate for a quarterback, Fiedler's matchup vs. the Falcons is a good one.

Steve McNair, QB TEN - Free Agent Updated 12/29/01
McNair was excused from practice on Friday due to a family illness. He is listed as questionable for Sunday's game against Cleveland, but he's expected to start.

Larry Foster, WR DET - Free Agent Updated 12/29/01

Foster (thigh) is expected to play in Sunday's game against Chicago. However, he is far too risky to start at this point in the Fantasy season.

Bert Emanuel, WR DET - Free Agent Updated 12/29/01
Emanuel (knee) is expected to play on Sunday against Chicago. However, he's too risky to start at this point in the Fantasy Football season.

Muhsin Muhammad, WR CAR - Martin Updated 12/29/01
Muhammad (turf toe) will not play this week, and may miss the rest of the season. Isaac Byrd will likely start in his place again.

 Seahawks, DT SEA - Free Agent Updated 12/29/01
CB Shawn Springs, who was suspended for the past four games, will not start on Sunday against San Diego. He may play a reserve role, however, but his playing time will likely be limited.

Todd Bouman, QB MIN - Free Agent Updated 12/29/01
Bouman will miss Sunday's game against Green Bay due to a thumb injury. Spergon Wynn will start in his place.

More Updates
Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from http://fantasy.sportsline.com

FB10SP


Daren:

During the months of October 1999 and November 1999, gas flowed into HPL's
pipeline at the above meter.    This gas was previously transported by EOG
Resources  to Mobil (Beaumont) with the excess being purchased.   The Deal
that EOG Resources Transport Contract (012-36702-02-001) moved gas to Mobil
Beaumont expired a the end of September, 1999, but gas continued to flow into
HPL's pipeline.  Currently, these volumes are being recorded to the HPL
Strangers Gas Contract.   Logistics needs a deal to purchase these volumes.

 ______________________________________________________________
 Deal/Deal Ticket#/Customer (Seller/Buyer)/Purchase Contract

Thanks, Clem


You weren't too late afterall.  You know I don't mind eating really late.
I'm glad you liked it.

-----Original Message-----
From: Jeff.Dasovich@enron.com
To: cameron@perfect.com; Csilva@redsky.com
Sent: 5/18/01 9:15 AM
Subject: Thank You

The dinner was incredibly delicious.  Thank you very much.  I apologize
for
being so late--increasingly I have less and less control over my
schedule.
Would have much preferred to have spent it with you guys.  And sorry
that I
pooped out so early---I'm running on zero sleep and had a 7:30
conference
call this morning.

That said, the dinner was really extraordinary.  You guys outdid
yourself.
Made an others tough day very nice.  Thanks.

Best,
Jeff


Dear Sally,

As requested I have addressed your questions as follows:

1. Put in actual date of reviews of each office - done
2. Indicate the difference between Phase I and Phase II of London are - done
3. Indicate that we are looking at non-wholly owned subsidiaries - done
(Marnier & EOTT)
4. AS a handout what are things that should have been cleared and weren't -
attached - also put in global issues
5. Change the timelines for current status & reviews not yet taking place
(Chicago, EOTT) - done
6. Send you the list of standards - attached on previous message
7. Determine what Now Sarzyna is - it is listed on the Enron Europe current
status schedule.  It is in Poland, and it is a JY poer station that should be
operational
May 00 (not sure if they met the date).  Due to start operations in Q2-3.
50% owned by Enron.
8. Send you the grid of Europe - sent in previous message.

As far as the global issues are concerned, my recommendations are:

1. Taping of phone lines - we should require for all trading offices
2. Use of mobile phones - we should ban the use of mobile phones to make
trades
3. Translation of settled contracts - I don't think its worth the cost.  It
can be done on an as needed basis if there are problems with the contracts
(although
 since they are already settled it would be unlikely).
4. Enpower - for offices without the critical mass of transactions, Enpower
is not necessary but some controlled environment is required.  If Enpower is
not used,
they must be reviewed more frequently.

On another topic, all of the associates Jana offered and that would fit in
the role we were discussing are gone (3 were gone by the time we finished our
meeting). She
has given me additional resumes - mostly analysts, who would fit the
position.  However, I was thinking of getting an analyst and then switching
the person out for
Jenifer Bagwell.  When I interviewed her she wasn't keen on travelling, but I
think its worth at least a discussion with her (since the position is a
better fit than her current).  Do you have any thoughts either way?

Let me know if there is anything else I can help with.  You can reach me at
212 715 5243.

Best regards,

Shona


The attached file reflects changes suggested by Maria.  The changes are written in red.  Let me know if you have any further changes.
Thank you,
Jeanette Doll
x 54600


Good Morning Sara,

Question- When we do a back to back trade with London "Enron Credit .Com" (
i.e. London negotiates the trade, ENA documents the trade with the street, we
back to back the trade to London), shouldn't the confirmation between London
and ENA be in the name of Risk Managment rather than ENA?

I understand that London technically should not be doing any trades in the
name of ENA. Until the issue is resolved to satisfy the legal and tax issues,
London is operating in this fashion. Please advise once you establish the
official ruling of what is acceptable to keep us in compliance.

Have a great day!

Jorge


Rob,

I have completed revisions to the attached GISB as discussed.  We agree to
your Special Provisions.  Please note this version will not show your special
provisions as I am in the process of integrating same.

Please review the GISB and let me know if you have any questions or
comments.  I will prepare execution documents.

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


Brent had to order doors for his home this morning and will be late getting in.  (The "door store" is only open during work hours.)


Matt,

 Would you please make sure that David gets to see this tomorrow.  Mark asked me to send this so you could print it out and have Dave look at it and then recommend would else ought to see it.  Would you plese E-mail me or call me with a list of who else needs to see this sometime tomorrow, per Mark.

Thanks,

Charlie

---------------------- Forwarded by V Charles Weldon/HOU/ECT on 05/01/2001 04:24 PM ---------------------------

	Enron North America Corp.  From:  V Charles Weldon                           05/01/2001 03:02 PM

To:	David Fairley/Enron@EnronXGate, Mathew Gimble/HOU/ECT@ECT, Edith Cross/HOU/ECT@ECT, Jennifer Bagwell/Enron@EnronXGate, Ruth Concannon/HOU/ECT@ECT
cc:	Eric Boyt/Corp/Enron@Enron, Ed McMichael/HOU/ECT@ECT, Mark Breese/HOU/ECT@ECT, V Charles Weldon/HOU/ECT@ECT
Subject:	Ft. Pierce Gas Capacity Assumptions

The following basic assumptions concerning gas capacity requirements for the Fort Pierce project were confirmed today at a meeting attended by Dave Fairley, Ed McMichael, Ruth Concannon, Mark Breese, Eric Boyt, and Charlie Weldon.   (NOTE:  The heat rates and MW are subject to change pending final engineering evaluation.  The intent of this note is to document the overall runtime assumptions.)

1) During the summertime months of May through September, the plant is expected to run 16 hours per day in a mode where  Enron's 200 MW are dispatched as are Ft. Pierce's 82MW.

2)  Enron will purchase summertime capacity only sufficient to allow running 200 MW for 16 hours per day at our "bought-down" heat rate of 6690.  This equals 22,300 MMBTU/day and will allow for taking the full daily capacity in only a 16 hour period (6% per hour)  The table below summarizes the monthly capacity requirements:

   MONTH	Total Capacity Needed By Enron	Ft. Pierce Capacity (from FGU)	Phase VI Capacity 	Capacity From East Desk
May	22,300	0	22,300	0
June	22,300	0	22,300	0
July	22,300	0	22,300	0
August	22,300	0	22,300	0
September	22,300	0	22,300	0

  NTOE:  Prior to Phase VI completion, the project will purchase capacity from the East Desk.

3)  Ft. Pierce will use its existing FT via FGU to secure its gas requirements at the 9500 contractual heat rate for the 16 hours it is dispatched in the summer.

4)  For the winter months of October through April, the plant is expected to run 16 hours per day in a mode where Ft. Pierce is not dispatched, thus leaving Enron with 282MW at the overall plant heat rate of 7500.  This equates to 35,251 MMBTU/day and allows for taking the full capacity in only 16 hours (6% per hour)

5)  Because Ft. Pierce will not be dispatched during the winter, their unused capacity via FGU will be available for Enron.  These amounts differ by month as summarized in the table below.

6) Enron will purchase wintertime capacity only sufficient to allow running 282 MW for 16 hours per day at a 7500 heat rate, less the monthly capacities available from Ft. Pierce via FGU.  These non-FGU purchased quantities will come from the Phase VI capacity and the East Desk as shown below:

   MONTH	Total Capacity Needed By Enron	Ft. Pierce Capacity (from FGU)	Phase VI Capacity (Nov-Mar = 28% of Summer)	Capacity From East Desk
October	35,251	14,665	22,300	0
November	35,251	14,595	6,244	14,412
December	35,251	14,895	6,244	14,112
January	35,251	16,547	6,244	12,460
February	35,251	15,317	6,244	13,690
March	35,251	15,317	6,244	13,690
April	35,251	15,317	22,300	0

NOTE:  Prior to Phase VI completion , the project will purchase capacity from the East Desk.

7)  Backup documentation supporting the hourly gas requirement in each dispatch mode is attached to this memo.


see below
---------------------- Forwarded by Tracy Geaccone/GPGFIN/Enron on 01/30/2001 05:45 PM ---------------------------

Rod Hayslett

01/30/2001 05:28 PM
To:	Tracy Geaccone/GPGFIN/Enron@ENRON
cc:

Subject:	Re: Carryover Vacation Days from 2000

Check with HR, isn't it too late.   If not I approve.

Tracy Geaccone
01/30/2001 05:13 PM
To:	Rod Hayslett/FGT/Enron@ENRON
cc:

Subject:	Carryover Vacation Days from 2000

For your approval
---------------------- Forwarded by Tracy Geaccone/GPGFIN/Enron on 01/30/2001 05:15 PM ---------------------------

	  From:  Judy Lin                           01/30/2001 03:25 PM

To:	Tracy Geaccone/GPGFIN/Enron@ENRON
cc:

Subject:	Carryover Vacation Days from 2000

I have 6 days total 48 hours carryover vacation time  from 2000 due to  the SAP training and implementation.

Judy 3-7193

<Embedded StdOleLink>


A payment test file was sent to the bank in error and, as a result, a deposit
was posted on Monday, July 10, 2000.  This impacts only employees who utilize
direct deposits (ACH) and are paid semi-monthly.

To correct this situation, on Tuesday, July 11, 2000 a withdrawal of the
amount deposited will be processed.  Your bank may not post this transaction
until Wednesday, July 12, 2000.

If you have any questions, please call (713) 345-5555.  We apologize for any
inconvenience.


Notice to Members No. 01-190
June 7, 2001

REMINDER ) THIRD NOTICE

To:
All NYMEX Division Members
All COMEX Division Members

From:
Neal Wolkoff, Executive Vice President

Re:
Changes to Audit Trail Summary Fine Structure-NYMEX & COMEX Divisions

Modification of &Clear-out Period8

The Board of Directors has approved modifications to the fine structure for
one-minute trade time submission for both NYMEX and COMEX Divisions.
Presently members falling below the 80% timely submission standard are issued
escalating warning letters and fines unless and until they clear out their
record by being in compliance for six consecutive months.  After six months,
the member returns to a &warning letter8 level.  Effective immediately, this
&clear-out period8 is reduced from six months to four months.  One-minute
trade timing statistics for the month ending April 30, 2001 will reflect this
modification.

Implementation of One-Minute Trade-Time Classes

The Board also accepted the recommendation of the Compliance Review Committee
and Floor Committee to adopt a training program for members facing one-minute
trade time fines on the NYMEX Division.  The purpose of the program is to
improve Exchange trade submission timing through member education by
identifying individual issues, tailoring individual solutions and statistical
follow-up.  Training will be conducted on Thursday, June 14, Tuesday, July
10, and Wednesday, August 15, 2001 by a team comprised of Committee Members
and Compliance Staff with the assistance of the Training and Education
Committee.  You may sign up for these classes at the Corrections Windows on
the 3rd and 5th floors, or by contacting Lois S. Shapiro, Associate
Compliance Counsel, at (212) 299-2853.  The June 14, 2001 class will be held
in the Seminar Room on the 10th floor at 3:45 p.m.  Plan to stay until 6:00
p.m.  Credit will not be given to anyone who does not attend the entire class.

As incentive, any member attending any one class will be allowed to &do over8
up to two subsequent months in which their trade time rates are between 70%
and 79%.  The member will still have to complete four violation-free months
before his record is &cleared out8 but he may take up to six months to do
so.  Members may take one class per year.

Audit Trail Classes

? Purpose:   to improve pit card submission statistics Exchange-wide by
reducing the number of individual members falling below the 80% standard for
timely pit card submission and to facilitate their return to a &warning
letter8 level.

? Members who have received a warning letter or a fine for pit card
violations may:

_ Attend an audit trail class, to be offered on June 14, July10, and August
15, 2001, with future dates to be determined by the Floor
Committee/Compliance Review Committee.  The class will be an intensive
discussion of pit card problems and pitfalls.  Materials will focus on how
the audit trail works and successful strategies for achieving a passing
percentage.  Members will be required to analyze their own trading style in
light of the material presented and pinpoint areas in which they need to
improve.  Members will also be required to outline a plan for raising their
pit card performance rates.  Each plan will be discussed with the group and
members will receive feedback from Floor Committee and Compliance Review
Committee Members, and Compliance and Floor Department Staff.  Members
attending classes are strongly encouraged to bring their clerks with them!

_ Upon completion of the class, members will be allowed to &do over8 up to
two subse-quent months in which their timely submission rates fall between
70% and 79%.  No fine or warning letter will be issued for a &do over8 month,
but the month will not count as a passing month.  A member who falls below
70% will receive a fine or warning letter.

_ The benefit to the member will be that the month that would have counted as
a failing month will not count at all, as long as the member achieved at
least a 70% rate.  Members still need four problem-free months to return to a
warning letter stage.  A member who has been problem-free for 3 months would
benefit by &doing over8 a fourth (and possibly a fifth) failing month, thus
having the opportunity to return to the warning letter stage despite
intervening failing months.  A member who falls below 70% before achieving
four problem-free months will receive a fine or a warning letter, as
appropriate.  The member can still use a second &do over8 month as long as he
meets all the above criteria.

_ Staff will follow up with members attending the classes.  Members will
receive a breakdown of their most recent audit trail fine.  They will also be
invited to discuss their percentages with staff on an individual basis.
Further, staff will supply daily or weekly statistics to any member by e-mail
or telephone upon request.

_ Members are eligible for only one class per year.  A member must take a
class to take advantage of the benefits listed herein.  Classes will be
offered on June 14, July 10 and August 15, 2001, and the program will apply
to the next full month of audit trail statistics.  The Compliance Review
Committee and the Floor Committee will evaluate the results of this program
before deciding whether to extend this program into 2002.

Incorporation of Spreads into One-Minute
Trade Time &Pit Card8 Statistics for NYMEX Division

Present one-minute trade time &pit card8 statistics do not include spread
times.  During the most recent NYMEX Rule Enforcement Review--the CFTC audit
of the Exchange,s Compliance programs and procedures--the CFTC recommended
that the NYMEX Division incorporate spread trades into the one-minute time
statistics.  The CFTC has made this recommendation in the past and the
Exchange has committed to respond to it. The COMEX Division one-minute trade
time statistics already include spreads.

NYMEX Division Members should note that intra-commodity spread trades will be
incorporated into pit card one-minute trade time accuracy rates after a
&phase in8 process of approximately 90 days.  In order to avoid substandard
percentages once spreads are incorporated, members must make sure that their
spread prints are price reported in order to ensure that the Price Change
Register for spreads is accurate.  If a spread print is not reported, you
will not be credited with timely submission of pit cards, even if you throw
the trade into the pit in a timely manner.

Pit card statistics for outright trades are presently posted on the NYMEX
floor on a weekly basis.  Compliance Staff will continue to post statistics
for outright trades and will additionally post the statistics for spread
trades.  These spread trade statistics are for information only so that you
can assess your pit card submission rate in advance of incorporation of
spreads in the one-minute trade time submission percentages.  For information
purposes, the seller of the spread is considered to be the party who sells
the premium month.  In the case where the spread trades flat, the seller is
the party who sells the nearby month.

If you have any questions about this information, please call Nancy Minett,
Compliance Counsel, at (212) 299-2940, or Thomas LaSala, Vice President
Compliance, at (212) 299-2897.

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Attached is the new spreadsheet with Product List for East Power

 -----Original Message-----
From: 	Hillis, Kimberly
Sent:	Wednesday, January 02, 2002 2:59 PM
To:	Belden, Tim; Calger, Christopher F.; Sager, Elizabeth; Davis, Mark Dana; Sturm, Fletcher J.; Gilbert-smith, Doug; Nettelton, Marcus; Steffes, James D.; Nicolay, Christi L.; Bradford, William S.; White, Stacey W.; Reeves, Leslie; Curry, Mike; Duran, W. David; Bentley, Corry; Will, Lloyd; Portz, David; Sacks, Edward; Llodra, John; Wood, George; Valderrama, Larry; Rosman, Stewart; Foster, Chris H.; Baughman Jr., Don; Forney, John M.; Thomas, Jake; Herndon, Rogers; Suarez, John; Benson, Robert; Arora, Harry; Kitchen, Louise; Forster, David
Cc:	Black, Tamara Jae; Hillis, Kimberly; Schoppe, Tammie; Presto, Kevin M.
Subject:	NETCO Implemention Template

From Kevin Presto:

Attached is the spreadsheet version of the template we discussed this morning.   I have added the additional columns everyone requested.   I would now like the business unit leads to fill in the blanks such that we have an initial Power Implementation Plan that can be delivered to Louise on Friday.

With respect to East Power (I am out Thursday and Friday), I am delegating to all of my desk heads the responsibility the following:
1) Have all of the forms attached spreadsheet forms complete
2) A product offering sheet is added to the template.

Fletch & Dana - Please take the lead on creating the product offering list (physical and financial).  My recommendation is we put products out through 03 for all regions (financial and physical).   Obviously, the physical products will be contingent on receiving a power marketing license.

Cory and Don Baughman - Please take a crack at identifying all of the transmission service agreements we need for the East (Christi has started a list already).

The transmission agreement list attached can be used to prioritize or assign commercial people to transmission/pool agreements.  It is not correct on the timing under the pools, so don't rely on that column.

Please call me on my cell (713-856-3923) with any questions.

Kevin Presto
Vice President, East Power Trading
Phone:  713-853-5035
Cell:  713-854-3923
Fax:  713-646-8272


Receipts at Deer Island serve year-round industrial loads and a small amount
of mostly heating season residential loads, but are augmented considerably
during the off-peak months (May-October) by storage injection requirements
at Mist.

Randy Friedman
Manager, Gas Supply
Northwest Natural Gas
(503) 721-2475
rsf@nwnatural.com

-----Original Message-----
From: Boehlke, James
Sent: Monday, October 29, 2001 9:44 AM
To: Friedman, Randy
Subject: FW: Gas load by customer class

-----Original Message-----
From: Jason.Wolfe@enron.com [mailto:Jason.Wolfe@enron.com]
Sent: Friday, October 26, 2001 11:38 AM
To: Boehlke, James
Subject: RE: Gas load by customer class

Jim,

I was wondering if you could provide any info on the Deer Island meter off
NWPL (470)? It is a fair amount of load in the area, and I was just curious
if this was mostly residential, or if there is a plant I am unaware of.  I
appreciate whatever help you can provide.  Thanks,

Jason Wolfe
Trading Analyst
Enron North America
713-853-0568

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Deb,

Could you please check with the state of incorporation (I believe Delaware)
and the Corp Secretary's office to see if the papers have been processed in
both places?

Thanks,

Kay

Russell E Murrell
09/15/2000 09:03 AM
To: Deb Korkmas/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, Sheila Tweed/HOU/ECT@ECT,
gregg.penman@enron.com, Eric Thode/Corp/Enron@ENRON

Subject: Midwest Energy Hub name change

I received the name change document and it has been executed on behalf of
Peoples and Enron.  I have also received and returned some state (IL)
registration documents from you and Lillian Bailey.

My understanding is that we have done everything we need to do to effect the
entity name change to enovate, L.L.C.  Kay Mann is trying to follow up and
confirm that all of the proper paperwork is in place.

Please let me know if there is anything further I can do to facilitate the
process.

thanks,
Russell
(312) 541-1159


Steve, Lou's write up is attached.  The issues accepted have the effect of
"bookending" the issue of the native load exception.  On the one end, the
states argue that FERC has no jurisdiction to impose open access on
transmission (bundled or unbundled) that is associated with the providers'
native load service.  On the other end, Enron argues that FERC has
jurisdiction over all transmission and it was error for FERC not to exercise
that jurisdiction once it had concluded that to do so was needed to eliminate
undue discrimination.

Joe Hartsoe deserves a lot of credit in being persistent on this because, had
Enron not petitioned, there is a scenario in which the Court would consider
only the negative side of the issue:  Was FERC authorized to do even the
little that it did?
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2001 -0600
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From: "Cohen, Louis" <LCohen@Wilmer.COM>
To: "Joe Hartsoe (E-mail)" <jhartso@enron.com>
Cc: "Jeffrey D. (Dan) Watkiss (E-mail)" <dwatkiss@bracepatt.com>,  "Killory,
Ted" <TKillory@Wilmer.COM>, "Palansky, IJay"  <IPalansky@wilmer.com>,
"Plotnick, Michael" <MPlotnick@wilmer.com>,  "Cohen, Louis"
<LCohen@Wilmer.COM>
Subject: Supreme Court Action in FERC Cases
Date: Mon, 26 Feb 2001 11:35:04 -0500
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Here is a  summary.? I included the cites just in case.? Let me know if you
need  more.
?
The Supreme Court  today granted two petitions for certiorari to review the
D.C. Circuit's decision  in Transmission Access Policy Study Group v. FERC,
225 F.3d 667  (2000).? The Court granted the petition of New York and other
states (New  York?v. FERC, No. 00-568)) to consider?whether FERC may preempt
state  jurisdiction over transmission of energy from generators to retail
customers in  the same state.? (The Court declined other questions?New
York?had  raised.)? The Court also granted the petition of Enron Power
Marketing,  Inc. (EPMI v. FERC, No. 00-809) to consider whether FERC has
jurisdiction to  regulate all transmission in interstate commerce, including
transmission for  bundled retail sales, and whether FERC is obligated under
the Federal Power Act  to eliminate undue discrimination by requiring
transmission-owning utilities to  provide service on the same terms to all
users, including bundled retail  sales.? The cases will be argued together,
probably not before October  2001.