The exciting cocktail of credit derivatives and Enron Online raises
significant novel legal risks for Enron.  As most of you will by now know,
probably the most significant risk would arise in a situation where Enron has
confidential information about a reference entity and wrongfully uses that
information in pricing the credit derivative on that entity.  This could well
result in legal proceeding against Enron.  In practice, an allegation of
misuse of confidential information can be very difficult indeed to defend
without adequate procedures in place to safeguard that information.  In
fact,  Enron's credit trading will, as you know, rely strictly on publicly
available financial information and will not involve the use of confidential
information, unless the reference entity has specifically consented.
Nevertheless, to avoid the appearance of impropriety, we are taking
additional steps to consider confidentiality agreements we have in place with
potential reference entities before deciding whether or not we will quote
prices on such entities.

Against this background is the ever-present risk of "insider dealing".  This
crime - which in the UK carries a maximum prison sentence of 7 years and an
unlimited fine - is committed where a person (or member of their family etc)
deals in the securities (shares, bonds or derivatives on them) of a listed
company on the basis of unpublished (confidential) price-sensitive
information.  We do not expect at this time to deal in publicly traded bonds
as part of EnronCredit.com, but insider dealing is relevant to the conduct of
Enron staff and could affect other parts of our business.  In addition, SFA
rules in the UK require the safeguarding of confidential information, the
misuse of which is a serious disciplinary matter.

In order to ensure the success of this new business and that confidential
information is not misused either by Enron or its staff, we are now
introducing important new policies and procedures in Europe and in the US.
These procedures have been drawn up specifically for your credit trading
group by lawyers in London, Houston and New York and are attached.  Please
familiarise yourself, and any future member of the group,  with these
procedures. Once you have read and understood the attached procedures each
one of you is required to confirm this to me in writing (or by note mail).

Please note that similar procedures have been distributed to the key business
heads in Europe who may have confidential information about reference
entities (similar procedures are being disrtibuted to US business heads).
This requires them to safeguard confidential information and to abide by the
Restriced List procedure described below.  Nevertheless, you should treat
your group as being within a Chinese Wall and see it as your personal
responsibility not to solicit or accept from anyone in Enron information
about reference entities which may be confidential.

Thank you for your co-operation in implementing these important new
procedures.  I look forward to receiving your confirmation mentioned above
(which is also described in the procedures).

Best regards

Paul


PLEASE send.  thanx
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 09/10/99 02:27
PM ---------------------------
From: "Julian Poole/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL on
09/10/99 04:04 PM
To: Sara Shackleton@ECT
cc: Brent Hendry AT ENRON_DEVELOPMENT@CCMAIL, Federico Cerisoli AT
ENRON_DEVELOPMENT@CCMAIL
Subject: Duke's ISDA

Sara, could you pls. fax us a copy of the ISDA document you signed and sent
to Duke Energy Intl'.
I understand Duke never sent us their signed document. Is that right?

Fax # (5411) 4315-2514

Regards, Julian


What if you're already on and have been for years?  Is it time to get off?
I don't think so.  Go Uncle Sam!

>From: "T FEDER" <lawfeder@msn.com>
>To: amacadams@integratech.cc, Corey.Ray@twtelecom.com,
>cristina@cdlanguage.com, ctjeremiah@kjf-llp.com, texaslawyer98@hotmail.com,
>injurylawyer@msn.com, erwollam@hotmail.com, Joe.Parks@bridgeline.net,
>mediatetoday@yahoo.com, mereli97@yahoo.com, nyfeders@msn.com,
>Towsontwo@aol.com
>Subject: get on the bandwagon
>Date: Thu, 20 Jun 2002 15:01:52 -0500
>
>
>Get on the band wagon for soccer:  from the Washington Post....."Now the
>time is right. Because 1) Soccer fever is sweeping the country like
>malaria. And 2) We can get a short-term lease on a quality vehicle. And
>that's good, considering we're in a single-elimination situation, and we
>play 83-time winner Germany on Friday. Not to put too fine a point on it,
>but many Germans rank soccer behind only "full scale war" as the favorite
>sport of the country. (Hey, how about France, huh? Talk about gagging on
>the fromage! Three games, no goals. Au revoir, Pierre. Isn't it just like
>the French to go out early and leave it up to us to beat the Germans?)"
>
>
>USA USA USA
>
>
>>From: "Hogan, William" <William.Hogan@ANICO.com>
>>To: "Andrew Biggs (E-mail)" <abiggs@tvmcapital.com>, "Danny Gillespie
>>(E-mail)" <danny@idealflow.com>, "David S. Dunson (E-mail)"
>><David.S.Dunson@chase.com>, "Dickie Gregg (E-mail)"
>><dhgregg3@cyberbay.net>, "Jack Belcher (E-mail)"  <jbelcher@chemweek.com>,
>>"Joe Parks (E-mail)" <jparks1@houston.rr.com>, "Jordan Levin (E-mail)"
>><jr.levin@thewb.com>, "Jordan Levin (E-mail 2)"  <JR.Levin@thewb.com>,
>>"Laura Merritt (E-mail)" <lmerritt@bracepatt.com>, "Richard Mullen
>>(E-mail)" <rmullen@loyaltymatrix.com>, "Richard Mullen (E-mail 2)"
>><richard_mullen@yahoo.com>, "Robert Williams (E-mail)" <rww7w@aol.com>,
>>"Stacey Schnitzius (E-mail)"  <Stacey_schnitzius@bmc.com>, "Todd Feder
>>(E-mail)" <lawfeder@msn.com>, "Ward Sheffield (E-mail)"
>><wsheffield@hahnclay.com>
>>Subject: New e-mail
>>Date: Fri, 14 Jun 2002 11:25:11 -0500
>>
>>New e-mail address:
>>
>>galvetraz@houston.rr.com
>>
>>WJH
>>
>
>
>
>
>Todd C. Feder
>Kelly, Jeremiah, & Feder, L.L.P.
>5900 Memorial Drive, Suite 350
>Houston, Texas 77007
>(713) 839-8131
>lawfeder@msn.com
>

_________________________________________________________________
Chat with friends online, try MSN Messenger: http://messenger.msn.com


Start Date: 4/28/01; HourAhead hour: 11;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042811.txt


Hey Gerald,

I was speaking with Tyrell up in Denver, and apparently Kennedy Oil sent us their signed payment 2 document, but it has been lost in the mail.  Would you mind sending up an electronic copy of that letter to Tyrell, so he can get signatures?

Thanks.

Phil


Kev-

Sold some of the Ene stock. just saw a clip of moller (like 6 seconds). it
was a collage of witnesses from the WTC blowup. It was on like the first day
we got FOX NEWS on our cable. It was pretty shocking.

Take care,

KR

>From: "Ruscitti, Kevin" <Kevin.Ruscitti@ENRON.com>
>To: "keith ruscitti" <ktruscitti@hotmail.com>
>Subject: RE:
>Date: Thu, 18 Oct 2001 10:51:09 -0500
>
>Great to hear from you.  Glad to know everyone's doing well.
>Did you know Moller was going to be on TV or were you just channel
>surfing?  How did he do?
>
>Work's going OK.  ENE stock has been getting destroyed.  A lot
>of negative press abt management.  I would sell your shares if
>you still have them.  It's $30 right know but I have a feeling
>it's going lower.  Tell Dave also if you talk to him.  News has
>been coming out that I wasn't aware of.
>
>Anyway, Lisa's job is going great - she's really happy.  We haven't
>been up to a lot lately - just hanging around the neighborhood.
>
>The anthrax scares and the terrorist stories are really scary.  What
>a bunch of nuts we have living in this world.  I have a feeling it
>could get worse before it gets better.  Don't open any letters from
>unknown companies or counterparties.  Take care of yourself and Gloria
>and Tommy.  Tell them we said hi and we'll talk to you soon.
>
>Kevin
>
>-----Original Message-----
>From: keith ruscitti [mailto:ktruscitti@hotmail.com]
>Sent: Wednesday, October 17, 2001 9:06 PM
>To: Ruscitti, Kevin
>Subject:
>
>
>
>Yo Kev,
>
>What's happening? Hope everything is going okay. How is Lisa and the
>rest of
>the neighborhood?
>
>It's starting to get cold here. The temperatures are in the high-40's.
>Went to Notre Dame last week with dad. It was cool. The campus was
>beautiful; the ride wasn't that bad; and the people were REAL nice (how
>weird?!).
>
>Anyway, dad had a good time, except I think he got pneumonia on the
>trip.
>"Mr. Sunshine" was dressed up in shorts and a golf shirt for a
>mid-October
>trip to Indiana. It was 75 degrees when we left Jersey and 45 degrees by
>the
>time we hit the Ohio border. He can't figure out how he got pneumonia
>(true
>story). Anyway, I saw him yesterday and he looks and sounds better.
>
>Anyway, Gloria is busy coaching soccer. Her team is 9-4-1 (best record
>in
>school history). Tommy is busy causing havoc wherever he goes (Takes
>after
>mommy). His grandparents are driving mommy and daddy nuts (same ol'
>story).
>
>I hope everything is going all right. Heard the big lobsterfest was a
>success (Nothing like a FRESH Maine lobster). Belated congrats on your
>first
>anniversary.
>
>Is life pretty tense at Enron (with all the craziness of the world
>markets,
>terrorism scares and this Anthrax hysteria)? Do you have to go through a
>
>metal detector or anything like that?
>
>Anyway, I saw Moeller was on TV. Never thought I'd be happy to see his
>ugly
>mug on the toob!
>
>Well, I've got to go (I'm at work). Talk to you soon.
>
>Love your brother,
>
>PS. Mom and Dad are looking forward to THANKSGIVING with you and Lisa!
>(Some
>fun, eh?!)
>
>Take care
>
>_________________________________________________________________
>Get your FREE download of MSN Explorer at
>http://explorer.msn.com/intl.asp
>
>
>
>**********************************************************************
>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.
>**********************************************************************

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


Lavo,

I will be in town all weekend.  I can reached anytime at one
of the following numbers.

home:  713 365 9035
cell:  713 503 3466

Scott


I need to get paid out for this years efforts first... if that isn't forthcoming.. then I can start tommorrow.  otherwise Q1/02.

BT

 -----Original Message-----
From: 	Milnthorp, Rob
Sent:	Thursday, October 25, 2001 9:32 AM
To:	'"Fildes, David" <fildesd@phibro.com>@ENRON'
Cc:	Tycholiz, Barry
Subject:	RE: whoa big fella

David, it's time we set up our own shop - You, me, and tic for starters. I'll be responsible for getting us a balance sheet. Any interest boys?

 -----Original Message-----
From: 	"Fildes, David" <fildesd@phibro.com>@ENRON
Sent:	Wednesday, October 24, 2001 8:36 AM
To:	Milnthorp, Rob; Cross, Darren
Subject:	whoa big fella

had to buy a little more at 16.50 today to get my weighted average down...
yikes.

cheers
A lonely buyer


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Start Date: 4/17/01; HourAhead hour: 7;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041707.txt


Hey, I just created a new deal for this contract effective 8/1/2000.  I
thought I had done this but I can't find the other deal I created.

The new deal #is 340210.


Approved.
----- Forwarded by Mark Taylor/HOU/ECT on 01/08/2001 01:30 PM -----

	Taffy Milligan
	01/08/2001 12:25 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: computer

Mark,

Carol is referring to a flat screen monitor.

Taffy

----- Forwarded by Taffy Milligan/HOU/ECT on 01/08/2001 12:25 PM -----

	Carol St Clair
	01/08/2001 10:53 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Taffy Milligan/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT
		 Subject: computer

Mark:
Taffy indicated that I needed to end you an e-mail requesting the new type of
computer.  Could you please order one for me?  Thanks.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


11th grade ticktocker meeting details:

 Location:   Home of Kristen and Nancy Dipaulo (check my spelling on this
one!)
 Time:   2:00 to 4:00
 Program: SAT Preparation (Klein High School Counselor)
   Senior Presentation Responsibilities (Nancy Galante)
   Planning for Holiday Adopt-A-Family

Thanks, Beverly!!  --Sally

Beverly Gibson <bgibson50606@yahoo.com> on 10/12/2000 08:57:26 AM
To: Linda Smithey <ges@houston.rr.com>, Teri McDaniel <DAnz7MNM@aol.com>,
Lois Nichols <muniman50@aol.com>, Diane Howell <isource2@msn.com>, Sheila
Jortner <jortner@ev1.net>, Sally Beck <sally.beck@enron.com>, Terri Agold
<jima@jatent.com>
cc:
Subject: NCL Ticktocker Meetings

Grade Level Advisors:

If you will give me the information about Sunday's
Ticktocker Meetings, I can send out a reminder notice
to those people for which I have e-mail addresses.

Beverly Gibson

__________________________________________________
Do You Yahoo!?
Get Yahoo! Mail - Free email you can access from anywhere!
http://mail.yahoo.com/


Cyndie,

We get these requests from time to time, so it is not all that uncommon.  We are currently taking this on a CP-by-CP basis and not making any assumptions yet.   Gerald has already agreed that while the default payment date on the GTC states the end of the month, we CAN change the due date to the 25th with the CP's agreement.  Southwestern Energy Services is the CP we have changed already.  You might want to coordinate future changes with Lisa, Mary, Sharon/Susan.   And of course, please keep us all in the loop on any new CP's you need to have changed.

Thanks,
SBR

 -----Original Message-----
From: 	Balfour-Flanagan, Cyndie
Sent:	Monday, November 26, 2001 10:31 AM
To:	Richardson, Stacey; Gonzales, Sharon; Hesse, Lisa; Ellenberger, Mary; Nemec, Gerald
Subject:	Unimark: Faxed comments concerning pymt due date

Per a 11/15/01 fax notice, Unimark wishes the payment dates be "Payment by wire on the 25th Day". Referenced deals: 1061122; 1062624; 1063968; 1061089; 1063576; 1146397; 1064010; & 1061084.

Okay, new kid on the block here:

I'd assume that it is a safe assessment that Unimark would prefer all future payments to be made on the 25th via wire. Lisa, is this something you'd confirm with Unimark (contact per fax is Cheryl Hartsell, phone#: 405-844-6200 ext. 228) or is this something I can do?

Mary, given where we are in the month I know that the payment details have already been established & that given the date that it is too late to process Oct production for payment today.

Stacey/Sharon: Please adjust the payment detail in Global so that the terms flow downstream to Unify for next month's production.

Also; Lisa, Mary, Stacey & Sharon - - - - how common are the requests for payment date adjustments? I'd assume (former life experience) that the larger producers or those who process royalty or related payments require payment on the 25th due to their responsiblities. If this is common - - - instead of repairing after the fact - - - - do we have a list of customers that we should automatically adjust the payment terms within Global & likewise to that of the GTC template?

Gerald - - - - Hi! I'm over here in Confirms now. What is your input on this issue or to that of the common occurrence? Also, as the 'new kid' - - - - are their any future protocols I should know of???

Thanks all!!!!
Cyndie


but here is where we got to.


You must have had a really good workout!!  I think everyone just assumes the
balloon came from the group.  Talk to ya later.


http://www.consultrci.com

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

Search SCIENTECH's PowerHitter archive to read about our interview with
a leader in the industy:
http://www.consultrci.com/web/infostore.nsf/Products/PowerHitter
************************************************************************
===============================================================
SCIENTECH IssueAlert, October 27, 2000
Toronto Hydro, Ontario Power Generation Launch EBT Express
By: Will McNamara, Director, Electric Industry Analysis
===============================================================

Toronto Hydro Corporation and Ontario Power Generation announced that they
have launched an electronic business transaction (EBT) "hub" that will
provide centralized electronic data management and transaction services
to local distribution companies (LDCs) and energy retailers in Ontario.
Called EBT Express, the exchange will become operational when Ontario's
new competitive electricity market opens next spring. Excelergy eXACTv,
developed by energy software solutions company Excelergy Corporation, will
provide the technology infrastructure for EBT Express.

ANALYSIS: This is a significant development, as EBT Express represents
the first hub in Canada for retail energy transactions. The site will serve
as the central clearinghouse for immediate communication of customer data
among hundreds of LDCs and energy retailers in Ontario, and possibly
throughout
Canada.  I spoke yesterday afternoon with George Caraghiaur, Exelergy's
vice president, Canada, about EBT Express. Caraghiaur believes that the
site "will provide the essential technology for opening Ontario's electricity
market in an efficient manner." That is no small undertaking as there are
an expected 300 players that will need to communicate with each other in
Ontario once competition begins.

Deregulation is happening in Canada on a province-by-province basis (much
like it is happening state-by-state in the U.S.). Thus far, only Ontario
and Alberta have set dates when electric customers will be able to select
a new energy supplier. Ontario is scheduled to become competitive next
spring, and presently is the only region in which EBT Express will be
operational.
Alberta uses a point-to-point transaction process, which represents a very
complex model. Caraghiaur believes that the value of EBT Express will be
clearly seen, and there will be many opportunities for the hub in Alberta
and elsewhere.

The Ontario Energy Board (OEB), which is the equivalent of a state PUC,
mandated the use of electronic business transactions (EBTs). The EBTs work
as follows: Once a customer selects a new energy supplier, the energy supplier
and the local distribution company (LDC) must continue to share information
about that customer. This proprietary data, shared strictly on a one-to-one
basis between the energy supplier and the LDC only, will include billing,
usage and payment information. Essentially, an LDC will read the meter
and send usage information to the energy supplier, who will calculate its
portion of a customer's bill and in turn send this data back to the LDC,
which will submit the customer bill. This represents a common way for billing
in Ontario, although there are other options including consolidated billing
that originates from the energy supplier and split billing coming from
both the LDC and energy supplier. No customer information will be exchanged
until competition officially begins in Ontario, which now appears to be
in the spring of 2001, although the technology infrastructure supplied
by Excelergy is already in place.

In response to the OEB's mandate, Toronto Hydro Corp. and Ontario Power
Generation*the largest players in electricity distribution and generation
in Ontario* became equity partners in the $7.7 million joint venture to
create EBT Express. All customer data will be contained within EBT Express,
which is supported by the eXACT technology. Excelergy eXACT is a software
solution that translates, validates, manages and delivers data exchanged
among users. The functionality of eXACT has been used in several U.S. states,
including Pennsylvania and New Jersey. In fact, eXACT was introduced to
gas and electricity retailers in the United States in 1999 as a component
of Excelergy ABPv, a billing and customer information solution. Allegheny
Energy Supply, a subsidiary of Allegheny Energy, was one U.S. utility that
I know of that used the Excelergy technology.

Caraghiaur contends that EBT Express will play an important role in enhancing
the competitive market in Ontario. "There are presently 37 licensed retailers
in Ontario, 15 pending retailers and 246 LDCs," Caraghiaur told me. "You
can imagine the cloud of communication pathways that would occur between
all these players without a centralized hub such as EBT Express." The number
of LDCs seemed awfully high to me, but Caraghiaur explained that in Ontario
many LDCs serve only a small number of customers, often 100 customers or
less. This should change as consolidation reduces the number of LDCs in
Ontario but, when compared to the United States, Ontario still will have
a comparatively high number of distribution companies.

Caraghiaur cited Pennsylvania as an example of a market that has tried
to assimilate communication among many market participants. Pennsylvania,
along with most other U.S. states, still uses electronic data interchange
(EDI) as its standard, wherein every LDC has a slightly different
interpretation
of data that is shared through the EDI. This can often cause communication
inconsistencies and retailers may have a difficult time in getting ready
for deregulation. "EBT Express will be in the position to enforce standards,"
says Caraghiaur. "The use of XML in particular will enhance communication
between market participants."

In fact, XML (extensible market language) is the cornerstone of eXACT as
it constructs a standardized language so that data can be exchanged but
still understood by different applications. Caraghiaur claims that Excelergy
is on the forefront of XML technology, which was expressly stipulated in
the EBT standards developed by the Advisory Committee to the Ontario Energy
Board. XML is a common language used on the Internet that makes it easier
and more cost-effective for buyers and sellers to exchange data between
applications and data sources that otherwise might have been incompatible.
In addition, Excelergy's eXACT software is object-oriented, allowing for
easy and rapid change from one program to another.

Clearinghouse exchanges are definitely a trend in the energy industry.
Whereas states that previously deregulated, such as California and
Pennsylvania,
did not use a centralized clearinghouse for customer information, states
and provinces now formulating their restructuring plans often mandate them.
For instance, Excelergy's competitor Logica has a market data clearinghouse
built for the Midwest market. Also, the ERCOT-ISO has teamed with Andersen
Consulting on a similar market data clearinghouse for the Texas unbundling,
scheduled for pilot in the summer of 2001 and full market opening in January
2002.

One concern that market participants may have is the sharing of customer
data through EBT Express, especially when it is backed by potential
competitors
in the Ontario market such as Toronto Hydro and Ontario Power. Caraghiaur
responded to this by saying that the OEB mandated the exchange of customer
information through an EBT structure. However, market participants are
not mandated to participate in EBT Express. They could opt to still exchange
information on a point-to-point basis, although Caraghiaur believes that
EBT Express offers a much more efficient forum for the transfer of customer
data. In addition, Caraghiaur reiterated that no proprietary or competitive
information would be accessible between any parties other than the LDC
and energy supplier involved in the exchange.

Interestingly, Toronto Hydro and Ontario Power may be competitors when
the Ontario market opens next year. Toronto Hydro Corp. owns Toronto
Hydro-Electric
System Limited, a regulated electricity distribution system, and Toronto
Hydro Energy Services, a competitive energy service company. Ontario Power
Generation is an electricity generating company, so Toronto Hydro and Ontario
Power will be competing on the retail level to acquire energy supply contracts
with lucrative customers. And rumor has it that venerable retail giant
Sears is also taking a look into becoming an energy retailer in Canada
next year. As Canada continues to deregulate and attract energy suppliers,
Excelergy anticipates that the EBT Express could serve a national market.

===============================================================
For a an in-depth perspective on the market potential of distributed
technologies,
SCIENTECH is offering Stephens Inc.'s (Investment Banker) 97-page report,

"Powering the Digital Economy" on its Website at:
http://www.consultrci.com/web/infostore.nsf/Product-Preview/UtilityAdvisor

free for a limited time only.
===============================================================

SCIENTECH is pleased to provide you with your free, daily IssueAlert. Let
us know if we can help you with in-depth analyses or any other SCIENTECH
information products. If you would like to refer a colleague to receive
our free, daily IssueAlerts, please reply to this email and include their
full name and email address or register directly at:

http://www.consultrci.com/web/infostore.nsf/Products/IssueAlert

Sincerely,

Will McNamara
Director, Electric Industry Analysis
wmcnamara@scientech.com
===============================================================
Feedback regarding SCIENTECH's IssueAlert should be sent to
wmcnamara@scientech.com
===============================================================

SCIENTECH's IssueAlerts are compiled based on independent analysis by
SCIENTECH
consultants.  The opinions expressed in SCIENTECH's IssueAlerts are not
intended to predict financial performance of companies discussed or to
be the basis for investment decisions of any kind.  SCIENTECH's sole purpose
in publishing its IssueAlerts is to offer an independent perspective regarding
the key events occurring in the energy industry, based on its long-standing
reputation as an expert on energy and telecommunications issues.

Copyright 2000.  SCIENTECH, Inc.

If you do not wish to receive any further IssueAlerts from SCIENTECH, please
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----- Forwarded by Tana Jones/HOU/ECT on 03/23/2001 09:05 AM -----

	exchangeinfo@nymex.com
	03/23/2001 08:20 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-103) MARGIN RATE CHANGE FOR HENRY HUB NATURAL GAS FUTURES
CONTRACTS

Notice No. 01-103
March 23, 2001
TO:
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL NYMEX DIVISION CLEARING FIRMS
ALL NYMEX DIVISION OPERATIONS MANAGERS

FROM:
Neal Wolkoff, Executive Vice President

SUBJECT:
MARGIN RATE CHANGE FOR HENRY HUB NATURAL GAS FUTURES CONTRACTS
Effective Date:  Friday, March 23, 2001 (close of business)
Futures Contract: Henry Hub Natural Gas Futures
Contract Months: All Months
Rate Change:

NYMEX Division Margins on Henry Hub Natural Gas Futures Contracts
Clearing Member (Maintenance Margin): Old:  $4,500  New:  $3,500
Member Customer (Initial Margin): Old:  $4,950  New:  $3,850
Non-Member Customer (Initial Margin): Old:  $6,075  New:  $4,725

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
Henry Hub Natural Gas Futures Contract.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(01-103)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Please see e:mail from Nancy Hetrick below.

gngr
713-853-7751
----- Forwarded by Ginger Dernehl/NA/Enron on 11/28/2000 08:53 AM -----

	Nancy Hetrick
	11/27/2000 08:24 PM

		 To: Ginger Dernehl/NA/Enron@Enron
		 cc:
		 Subject: Volume 1 of Final UBP Report

Ginger, would you please distribute this e-mail to everyone in Government
Affairs.  Thanks.

As you all know, Enron has been actively participating in an industry-wide
collaborative effort, working to develop recommended Uniform Business
Practices (UBP) for Retail Energy Markets.  This effort was in direct
response to the Coalition for Uniform Business Rules (CUBR) report, which was
published in September 1999.  THE UBP released Volume 1 of a two-volume final
report on November 22, 2000.   Volume 1 includes recommend business practices
for the following topics:  Customer Information, Customer Enrollment &
Switching, Billing & Payment Processing, Exhibit - Billing Services
Agreement, Load Profiling, Supplier Licensing, Market Participant
Interaction( MPI):  Governing Documents and Performance Standards, Exhibit -
Outline for Master Service Agreement, Disputes Between Utility and the
Supplier, Customer Inquiries, Exhibit - Customer Account Maintenance and
Glossary.  Also included in the document is an Introduction and a Preface.

We would like to promote the use of this UBP report as a key item to be
included in Enron's advocacy efforts for state restructuring legislation and
commission implementation proceedings.  This report can be downloaded and
printed from the following website:  http://www.ubpnet.org/workshop/index.htm
.  If you would prefer to receive a printed copy of this report, please
e-mail me with your request and we will make the necessary arrangments for
the report to be printed and distributed.

Volume 2 which will address unbundled electricity metering will be published
by year-end 2000.  I will let you know when this portion of the report is
available.

Also, please feel free to contact me if you have any questions regarding this
report or if you would like assistance in promoting the use of the UBP report
within the various states.  Vinio Floris, who has recently joined our group,
will also be working with me to promote the use of this report.  Barbara
Hueter is also devoting time to this project by participating with other
Suppliers in developing and implementing a consumer outreach program.


---------------------- Forwarded by Kay Mann/Corp/Enron on 09/26/2000 08:10
AM ---------------------------

Ben F Jacoby@ECT
09/25/2000 07:37 PM
Sent by: Ben Jacoby@ECT
To: Lisa Bills/Corp/Enron@ENRON
cc: Kay Mann/Corp/Enron@Enron, Christopher F Calger/PDX/ECT@ECT, Janet R
Dietrich/HOU/ECT@ECT, Bill Williams/PDX/ECT@ECT

Subject: Re: Pleasanton (ENA SFO project)

Lisa:

I don't have a problem with this to the extent Chris Calger has approved the
expenditure which I would guess would be approximately $500k. If these guys
are simply trying to execute a purchase option while they try to firm up
their deal, they should probably do it as a stand alone agreement (since we
don't need to involve WestLB in purchase options).

In any case, the key point here is Chris' approval of what is probably around
a $500k expenditure (of course, the option should only be for around 10% of
this amount). We don't need to worry about WestLB fees, etc., since this is
an ENA (West) Originations prospective deal.

Regards,

Ben

	From:  Lisa Bills @ ENRON                           09/25/2000 07:16 PM

To: Ben Jacoby/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron
Subject: Pleasanton (ENA SFO project)

Ben, given that they want to use the existing LM6000 contract for the GSU
change order, I wanted to know if you were okay with this interaction with
GE.  Also, by using the existing LM6000 contract, they will be using up
capacity available for other LM6000 related equipment.  Are you okay with
this, i.e., you believe there is capacity available for them, and any
suggestions on how you would like to see them pay for the usage since the
LM600s have already paid the upfront structuring fee and ongoing commitment
fees.

Please call to discuss.
Lisa
---------------------- Forwarded by Lisa Bills/Corp/Enron on 09/25/2000 07:12
PM ---------------------------

Bill Williams@ECT
09/25/2000 06:22 PM
To: Lisa Bills/Corp/Enron@ENRON
cc: Don Hammond/PDX/ECT@ECT, Mark Fillinger/SF/ECT@ECT, Dean
Russell/SF/ECT@ECT, David Parquet/SF/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT

Subject: Pleasanton (ENA SFO project)

Hello Lisa
I wanted to contact you to let you know that we (ENA West) are attemtping to
help the ENA San Francisco guys locate a Generator Step Up Transformer for
the Pleasanton project.  ENA is responsible to bring an LM6000 and GSU to the
project.  We cannot use one of the ABB transformers (Don Hammond checked with
ABB, and the as built configuration simply cannot be used or changed to meet
the needs of ENA SFO's application.  As such, we have had to go out and find
a GSU.  The good news is we have found one through GE.  It will meet SFO's
delivery schedule.  We have not received a quote, nor have we signed anything
(but we want to ASAP).  In talking to Dale Rasmussen, I understand we would
need to purchase this major component through a West LB structure.  GE
prefers to sell us the GSU through ENA's existing contract with GE.  As such,
I am asking what steps you (or Kay) would like us to take in setting up a
purchase option (or whatever is the correct noun name for reserving, buying a
needed GSU in a timely manner).

This e mail is meant to be a starting point in dialog.  Please contact me on
Tuesday to discuss whatever is necessary.

Thanks.

Bill Williams
ENA Portland
503-464-8958


Do you want to make any changes to Conectiv's credit terms?  Last we spoke
you had thresholds at 5/10 m,multiples of $250,000,  defaults at 50/100, and
our gty for 10m, and I am waiting on their guaranty.

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


TO:	NERC ROSTER
	STANDARDS LISTSERVER GROUP
	OPERATING MANUAL OWNERS
	SYSTEM OPERATOR TRAINERS
	ELECTRONIC SCHEDULING COLLABORATIVE
	OASIS STANDARDS COLLABORATIVE

The Electronic Scheduling Collaborative is a collaboration of Stakeholders in the Wholesale Electric Power Industry joined for the purpose of developing standard Business Practices for Open Access Same-Time Information System (OASIS) Phase II and Electronic Scheduling.

At its January 2002 meeting, the Electronic Scheduling Collaborative (ESC) adopted the Governance and Bylaws that require industry sector voting. The ESC will conduct business in accordance with the new Governance and Bylaws at its February 2002 meeting. Please see Section III: Members of the Bylaws.

If you plan to participate as an "Active Member" (i.e. represent a legitimate industry stakeholder) and vote, you must register and select the segment you will represent. The complete registration process and forms can be found at the following web site:

https://www.nerc.net/esc

The Governance and Bylaws are posted on the web site below:

https://www.nerc.net/esc/RelatedFiles.asp

Please contact Gordon Scott (Gordon.Scott@nerc.net) if you have any questions. Thank you.

Barbara S. Bogenrief
Secretary-Operations
North American Electric Reliability Council
Princeton Forrestal Village
116-390 Village Boulevard, Princeton, NJ 08540
(609) 452-8060, fax (609) 452-9550
E-mail: barbara.bogenrief@nerc.com


Start Date: 4/12/01; HourAhead hour: 1;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041201.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 1 / Preferred:  47.00 / Final:  46.99)
  TRANS_TYPE: FINAL
  SC_ID: ECTstSW
  MKT_TYPE: 2
  TRANS_DATE: 4/12/01
  TIE_POINT: MEAD_2_WALC
  INTERCHG_ID: EPMI_CISO_8000
  ENGY_TYPE: WHEEL
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 1 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/12/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_DODGERS
  ENGY_TYPE: WHEEL

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 1 / Preferred:  43.60 / Final:  43.57)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/12/01
  SC_ID: EPMI


Final version agreed to by April 11th.

"Shoemaker, Kent (GEAE)" <kent.shoemaker@ae.ge.com> on 04/06/2001 03:22:15 PM
To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc:

Subject: RE: Salmon Energy Turbine Agreement

Is that a completed contract by 4/11 or the draft out for review?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Friday, April 06, 2001 4:21 PM
To: Shoemaker, Kent (GEAE)
Subject: RE: Salmon Energy Turbine Agreement

We are supposed to try to have the break out contract by April 11, and I
think the consents and stuff that same week.

Kay

"Shoemaker, Kent (GEAE)" <kent.shoemaker@ae.ge.com> on 04/06/2001 03:17:24
PM

To:   "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc:

Subject:  RE: Salmon Energy Turbine Agreement

What's your scheduling like on this one

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Friday, April 06, 2001 4:12 PM
To: kent.shoemaker@ae.ge.com
Subject: Salmon Energy Turbine Agreement

Hi Kent,

I can get a redline done for you if you want to tell me what it should be
redlined against.

I don't know about getting rid of the requirement for the inhouse counsel
opinion.  Maybe after you look at things we can discuss it.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/06/2001 03:08
PM ---------------------------

"Thompson, Peter J." <pthompson@akllp.com> on 04/02/2001 04:56:21 PM

To:   "Kay Mann (E-mail)" <kay.mann@enron.com>
cc:   "Pipitone, Paul" <paulpipitone@akllp.com>

Subject:  Salmon Energy Turbine Agreement

     Attached please find the latest Salmon Energy Turbine Agreement
(second document below), as well as a blackline (first document below)
showing changes made to the version circulated last Friday.  Pursuant to
your instructions, the performance values in Article 10 are per the 24
Unit master agreement.  In addition no changes have been made to the
Maximum or Unit Liability Amounts or payment schedule. To complete the
agreement, we will need to insert the date of execution and Exhibit H-2.

 <<Comparison of Versions 2 to 3 of Salmon Energy Agreement.DOC>>
<<Salmon Energy Agreement - Version 3.DOC>>
(See attached file: Comparison of Versions 2 to 3 of Salmon Energy
Agreement.DOC)
(See attached file: Salmon Energy Agreement - Version 3.DOC)


Can we do it without the bonus target.


Andy:

I am reviewing your comments and will have an answer shortly.  I thought,
however, that you should know that the limitation of liability provision is
non-negotiable from Enron's viewpoint.  If this is problematic, please advise
and we can halt further discussion.  Thanks.  Sara

	"Waskow, Andrew (OGC)" <AWaskow@exchange.ml.com>
	10/31/2000 06:33 PM

		 To: "'Sara.Shackleton@enron.com'" <Sara.Shackleton@enron.com>
		 cc: "Shin, Regina (OGC)" <Rshin@exchange.ml.com>
		 Subject: RE: Master Repurchase Agreement with Enron North America Corp.

Sara:

Thanks for the additional information and the recommended changes, each of
which we accept.

In order to accommodate the deletion of 9(b), we recommend revising your
number 6 to read as follows:

6. Substitution

 (a) Paragraph 9(b) is hereby deleted in its entirety.

 (b) Seller shall not retain custody of any Purchased Securities
under any Transaction governed by this Agreement.

NOTICES:  Your suggested language regarding notices is potentially
problematic.  Under the Paragraph 13 of the MRA, notices may made orally,
"to be confirmed promptly in writing....", and confirmation of delivery is
not expressly relevant.  The unquestionable ability to make oral margin
calls pursuant to Paragraph 4 is vital in fast-moving market conditions, and
was expressly included in the standard agreement to avoid any doubt as to
their validity.  In the default context (Paragraph 11), proof of delivery of
written notice is of no concern because the exercise of a party's rights
under that Paragraph is not contingent upon delivery of notice.  Notice must
be given "as promptly as practicable."  We believe that the proposed
language could cause confusion or uncertainty regarding the validity of oral
margin calls and would conflict with the operative provisions of Paragraph
11.  We therefore request deletion of your number 8.

NON-ASSIGNABILITY:  As we discussed earlier today, we have a general
aversion to assignments of repurchase transactions due to our regulatory
obligations as a broker-dealers.  For that reason, we must be free to
withhold consent to assignment with confidence that such withholding will
not be challenged as "unreasonable."  We therefore request deletion of your
number 9.

We are still reviewing your proposals regarding SETOFF and LIMITED
LIABILITY.  I will also have to review Section 5-1401 of the NYGOL before
commenting on that.

I look forward to the prompt completion of our negotiations.  Thanks again
for the information and recommendations.

Best regards,
Andy Waskow

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Tuesday, October 31, 2000 6:22 PM
> To: awaskow@exchange.ml.com
> Cc: Ellen.Su@enron.com
> Subject: Master Repurchase Agreement with Enron North America Corp.
>
> Andy:
>
> In the spirit of "full disclosure", I thought I would let you know what
> ENA
> has agreed to on the ISDA side with various Merrill entities.
> ENA has ISDA's with Merrill Lynch International Bank (8/25/95), Merrill
> Lynch Capital Services Inc. (12/2/92) and Merrill Lynch International
> (8/25/95).
> There is no arbitration provision in any of these agreements; there is
> merely silence as to jurisdiction (ENA began negotiating arbitration
> around
> 1997).  All of these agreements contain our standard limitation of
> liability language (in boldface) and all permit some type of assignment to
> an affiliate (in general, without negative tax impact or with sufficient
> credit support).  All of the agreements provide for setoff (including
> affiliates of non-defaulting parties) and all contain confidentiality
> provisions.
>
> I would therefore propose the following changes to Annex I:
>
> change the margin deadline time to 10:00 a.m. (NY time)
> delete Par 9(b) - and you can send your additional no custody required
> language
> delete the arbitration provision in its entirety
>
> I hope that you can resond to the remaining issues tomorrow morning so
> that
> we can finalize docs by the afternoon.  Thanks for your assistance.
>
> Sara
>
>
>


u still in DC? jeff


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/24/2000
04:43 PM ---------------------------

Nick Bambos <bambos@stanford.edu> on 02/24/2000 03:37:08 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Re: [Fwd: Stanford Meeting]

Vince,

If that doesn't work we can meet on Saturday. No problem.
My cellular phone is 650-796-8163. I will have it on,
Friday after 11am.

Looking forward to seeing you,

Nick

Vince.J.Kaminski@enron.com wrote:
>
> Nick,
>
> The plan is OK, subject to unforeseen complications.
> My flight from London was delayed and I had to spend a night in Newark, NJ.
> My schedule for today was disrupted and I had to postpone my departure till
> Friday
> morning. I should be at San Francisco around 10:00 a.m. if there is no
> delay.
> I should be able to meet you at noon at your office.
>
> Please, confirm the meeting both to my office E-mail address and my private
> address
> (vkaminski@aol.com). Can you give me the phone number
> at which I can reach you on Friday if there is a delay?
>
> Look forward to meeting you.
>
> Vince
>
> Nick Bambos <bambos@stanford.edu> on 02/24/2000 02:31:38 PM
>
> To:   Vince.J.Kaminski@enron.com
> cc:   bambos@stanford.Stanford.EDU
> Subject:  [Fwd: Stanford Meeting]
>
> Vince, is this plan OK? Thanks. Nick
>
> Nick Bambos wrote:
> >
> > Vince,
> >
> > Friday is fine. We can have lunch at the Faculty Club - you'll
> > be my guest. Shall we meet in my office in Packard 238 and
> > walk to the Faculty Club?
> >
> > Nick
> >
> > Vince.J.Kaminski@enron.com wrote:
> > >
> > > Nick,
> > >
> > > I shall be in Stanford for Parents' Weekend (my son is a junior at
> > > Stanford).
> > > I plan to be on the campus Friday through Sunday this week. I shall be
> glad
> > > to meet you anytime during the weekend. What about  a lunch on Friday?
> > > I would like to talk to you about Enron underwriting  research projects
> by
> > > the graduate students
> > > at your department.
> > >
> > > You can reach me at Stanford at my son's phone number: 650 497 6938.
> > > Please, let me know if you are free for lunch and I shall make the
> > > reservation
> > >
> > > Vince
> > >
> > > Nick Bambos <bambos@stanford.edu> on 02/22/2000 12:54:15 PM
> > >
> > > To:   Vince.J.Kaminski@enron.com
> > > cc:   Ravi.Thuraisingham.Enron_Communications@enron.com,
> gappy@stanford.edu
> > > Subject:  Stanford Meeting
> > >
> > > Dear Vince,
> > >
> > > Giuseppe tells me that you will be visiting Stanford soon
> > > and you you would like to meet with me. I would definitely
> > > be glad to meet you and talk further.
> > >
> > > Would you please let me know about the time of your visit
> > > and your availability to meet. I look forward to seeing you.
> > >
> > > Best Regards,
> > >
> > > Nick
> > >
> > > PS: Giuseppe and Amy came back very impressed by you are doing at
> Enron!
> > > Thanks for hosting them.


Got it

"Neil Mann" <nmann@erac.com> on 06/06/2001 08:08:14 AM
Please respond to <nmann@erac.com>
To: <Kay.Mann@enron.com>
cc:

Subject: RE: Save the Date -- Star Wars: The Magic of Myth

Please confirm receipt. I may be having e-mail problems...
I'm calling them and Red Oak this morning. I will have GR do the back yard
also. NM

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Wednesday, June 06, 2001 7:26 AM
To: nmann@erac.com
Subject: Save the Date -- Star Wars: The Magic of Myth

Gold Rose today?
---------------------- Forwarded by Kay Mann/Corp/Enron on 06/06/2001 07:25
AM ---------------------------

From: Mark E Haedicke@ECT on 06/05/2001 01:46 PM

Sent by:  Janette Elbertson@ECT

To:   Alan Aronowitz/HOU/ECT@ECT, Michelle Blaine/ENRON@enronXgate, Sandi M
      Braband/HOU/ECT@ECT, Gail Brownfeld/Enron@EnronXGate, Robert
      Bruce/NA/Enron@Enron, Teresa G Bushman/HOU/ECT@ECT, Michelle
      Cash/HOU/ECT@ECT, Dominic Carolan/Enron@EnronXGate, Barton
      Clark/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, Mary
      Cook/HOU/ECT@ECT, Nancy Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt,
      Ned E Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eddy
      Daniels/NA/Enron@Enron, Angela Davis/NA/Enron@Enron, Peter del
      Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Andrew
      Edison/NA/Enron@Enron, Roseann Engeldorf/Enron@EnronXGate, Shawna
      Flynn/HOU/ECT@ECT, Robert H George/NA/Enron@Enron, Barbara N
      Gray/HOU/ECT@ECT, Mark Greenberg/NA/Enron@ENRON, Wayne
      Gresham/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T
      Hodge/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron, Dan J
      Hyvl/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Cheryl
      Lindeman/ENRON@enronXgate, Dan Lyons/HOU/ECT@ECT, Kay
      Mann/Corp/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Lisa
      Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Harlan
      Murphy/NA/Enron@Enron, Julia Murray/HOU/ECT@ECT, Cheryl
      Nelson/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT, Marcus
      Nettelton/NA/Enron@ENRON, Francisco Pinto
      Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Portz/HOU/ECT@ECT,
      Coralina Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael A
      Robison/HOU/ECT@ECT, Daniel R
      Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth
      Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Frank
      Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lance
      Schuler-Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Carlos
      Sole/NA/Enron@Enron, Carol St Clair/HOU/ECT@ECT, Lou
      Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila
      Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, John
      Viverito/Corp/Enron@Enron, Ann Elizabeth White/HOU/ECT@ECT, Randy
      Young/NA/Enron@Enron, Susan Bailey/HOU/ECT@ECT, Kimberlee A
      Bennick/HOU/ECT@ECT, Martha
      Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Sarah
      Bruck/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Genia
      FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT, Diane
      Goode/NA/Enron@Enron, Linda R Guinn/HOU/ECT@ECT, Marie
      Heard/NA/Enron@Enron, Ed B Hearn III/HOU/ECT@ECT, Mary J
      Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Kathleen
      Carnahan/Enron@EnronXGate, Deb Korkmas/HOU/ECT@ECT, Laurie
      Mayer/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Mary
      Ogden/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron, Debra
      Perlingiere/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Kay
      Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Samantha
      Ferguson/NA/Enron@Enron, Majed Nachawati/NA/Enron@Enron, Suzanne
      Adams/HOU/ECT@ECT, Connie
      Castillo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Margaret
      Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Keegan
      Farrell/NA/Enron@Enron, Nita Garcia/NA/Enron@Enron, Carolyn
      George/Corp/Enron@ENRON, Esmeralda Gonzalez/ENRON@enronXgate, Vanessa
      Griffin/ENRON@enronXgate, Martha Keesler/ENRON@enronXgate, Holly
      Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, MaryHelen
      Martinez/NA/Enron@Enron, Taffy Milligan/HOU/ECT@ECT, Rae
      Meadows/ENRON@EnronXgate, Linda J Simmons/HOU/ECT@ECT, Becky
      Spencer/HOU/ECT@ECT, Twanda Sweet/HOU/ECT@ECT, Stephanie
      Truss/Enron@EnronXGate, Alice Wright/NA/Enron@Enron, Theresa
      Zucha/NA/Enron@Enron, Reginald Shanks/HOU/ECT@ECT, Claudia
      Meraz/HOU/ECT@ECT
cc:

Subject:  Save the Date -- Star Wars:  The Magic of Myth

(Embedded image moved to file: pic14413.pcx)                      (Embedded
image moved to file: pic16641.pcx)

               (Embedded image moved to file: pic19855.pcx)

                      The Museum of Fine Arts Houston

               (Embedded image moved to file: pic24855.pcx)


----- Forwarded by Tana Jones/HOU/ECT on 06/02/2000 05:58 PM -----

	Tom Moran
	06/02/2000 05:47 PM

		 To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Sheri
Thomas/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT,
Brant Reves/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, David
Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT,
Linda S Bryan/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT, Sylvia A
Campos/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Cynthia Clark/Corp/Enron@ENRON,
Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global Contracts and Facilities,
Enron Europe Global CounterParty, Stephanie Sever/HOU/ECT@ECT
		 cc:
		 Subject: EOL / Credit / GCP Responses 6/2/00 - REVISED

Please find attached Credit's EOL responses for 6/2/00.

REVISED !!!

Regards
tm


Linda,
?
Mark, Zach and I would like to come out to Aspen  for? Christmas on December
26th and stay until January 2nd.? We would  like to stay at the old house in
the front bedroom or the cottage.? I am  looking into flight reservations
right now and would like to know if this is  o.k. so I can make definite
plans.? We would also like to ride back with  you and Ken if you will be
flying back to Houston on January 2nd.? If you  could please let me know ASAP
that would be great.
?
xoxo
Natalie


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Ken talked with Barton.

Barton will not be signing the letter
The leadership met and decided "since they are going to be in session anyway" they would try to pass an electricity bill.
Barton is now targeting a mid Dec markup
There is a meeting tomorrow at 3:00 between Wood and Tauzin; Barton was supposed to be in Dallas.  Ken urged him to stay for the meeting (not clear if he will).
I got the impression from Ken that part of the reason Barton is not sending the letter is that he thinks he will be passing a bill anyway (not necessarily that he disagrees with the substance of the letter).


now i know you are lying.  yesterday the lie was about a poodle.  why can't you just be honest with me?  the lies and deceit hurt me erin.

 -----Original Message-----
From: 	Erin Richardson <erichardson@sarofim.com>@ENRON [mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, October 04, 2001 3:02 PM
To:	Lenhart, Matthew
Subject:	RE:

i didn't get a poodle, poodles are worthless dogs.  i got a chihuahua.

-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
Sent: Thursday, October 04, 2001 2:57 PM
To: erichardson@sarofim.com
Subject: RE:

what color is your poodle

    -----Original Message-----
   From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
NRON@ENRON.com]

   Sent:   Thursday, October 04, 2001 2:42 PM
   To:     Lenhart, Matthew
   Subject:  RE:

   ok, i will.

   -----Original Message-----
   From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
   Sent: Thursday, October 04, 2001 2:39 PM
   To: erichardson@sarofim.com
   Subject: RE:

   sweet.  you can start by picking up the tab at capital grill.

       -----Original Message-----
      From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
   NRON@ENRON.com]

      Sent:   Thursday, October 04, 2001 2:13 PM
      To:     Lenhart, Matthew
      Subject:  RE:

      alright, not a problem.  i have lots of money to spend.

      -----Original Message-----
      From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
      Sent: Thursday, October 04, 2001 1:46 PM
      To: erichardson@sarofim.com
      Subject: RE:

      both

          -----Original Message-----
         From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
      NRON@ENRON.com]

         Sent:   Thursday, October 04, 2001 1:31 PM
         To:     Lenhart, Matthew
         Subject:  RE:

         pay for both of us or just me?

         -----Original Message-----
         From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
         Sent: Thursday, October 04, 2001 1:31 PM
         To: erichardson@sarofim.com
         Subject: RE:

         pay more than i want.  so from now on you need to pay when we go
   out.

             -----Original Message-----
            From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
         NRON@ENRON.com]

            Sent:   Thursday, October 04, 2001 1:26 PM
            To:     Lenhart, Matthew
            Subject:  RE:

            the dog is a couple of months old.  so, are you going to pay
   more
         than
            you
            want to or just lower your standards?

            -----Original Message-----
            From: Matthew.Lenhart@enron.com
   [mailto:Matthew.Lenhart@enron.com]
            Sent: Thursday, October 04, 2001 11:24 AM
            To: erichardson@sarofim.com
            Subject: RE:

            i havent looked anymore.  i will look this weekend.   i think i
      need
         to
            pay
            more than i want to.  how old is your dog?

                -----Original Message-----
               From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
            NRON@ENRON.com]

               Sent:   Thursday, October 04, 2001 10:31 AM
               To:     Lenhart, Matthew
               Subject:  RE:

               whatever, you don't have to believe me but i did get a dog
         yesterday.
               melisa and i went to lunch and then went and got the dog.
   she
         took
            the
               afternoon off so she kept it until i got off work. now do
   you
         believe
               me?
               have you found a place to live yet or are you going to be
         homeless?

               -----Original Message-----
               From: Matthew.Lenhart@enron.com
      [mailto:Matthew.Lenhart@enron.com]
               Sent: Thursday, October 04, 2001 10:20 AM
               To: erichardson@sarofim.com
               Subject: RE:

               i don't believe you b/c i don't think you would not have had
      time
         to
            get
               it
               yesterday when you said you had it

                   -----Original Message-----
                  From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
               NRON@ENRON.com]

                  Sent:   Thursday, October 04, 2001 10:13 AM
                  To:     Lenhart, Matthew
                  Subject:  RE:

                  why don't you believe me?  i am not lying!

                  -----Original Message-----
                  From: Matthew.Lenhart@enron.com
         [mailto:Matthew.Lenhart@enron.com]
                  Sent: Thursday, October 04, 2001 10:11 AM
                  To: erichardson@sarofim.com
                  Subject: RE:

                  stop lying

                      -----Original Message-----
                     From:   Erin Richardson <erichardson@sarofim.com>
   @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                  NRON@ENRON.com]

                     Sent:   Thursday, October 04, 2001 10:02 AM
                     To:     Lenhart, Matthew
                     Subject:  RE:

                     she isn't imaginary.  her name is bailey.

                     -----Original Message-----
                     From: Matthew.Lenhart@enron.com
            [mailto:Matthew.Lenhart@enron.com]
                     Sent: Thursday, October 04, 2001 9:36 AM
                     To: erichardson@sarofim.com
                     Subject: RE:

                     this situation reminds me of kids with imaginary
   friends.
         what
            is
                  your
                     imaginary friend's name?

                         -----Original Message-----
                        From:   Erin Richardson <erichardson@sarofim.com>
      @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                     NRON@ENRON.com]

                        Sent:   Thursday, October 04, 2001 9:18 AM
                        To:     Lenhart, Matthew
                        Subject:  RE:

                        i got plenty of sleep.  my puppy is a perfect
   angel.
      i
         am
            not
                  sure
                     if i
                        am
                        ever going to let you see it since you don't
   believe
      me.
            you
                  should
                        trust
                        me.

                        -----Original Message-----
                        From: Matthew.Lenhart@enron.com
               [mailto:Matthew.Lenhart@enron.com]
                        Sent: Thursday, October 04, 2001 8:49 AM
                        To: erichardson@sarofim.com
                        Subject: RE:

                        did you get any sleep last night with your new dog?
      when
         do
            i
               get
                  to
                        see
                        this alleged dog? you probably got one of those
      robotic
            dogs.
                  what
                     is
                        its
                        name?

                            -----Original Message-----
                           From:   Erin Richardson
   <erichardson@sarofim.com>
         @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                        NRON@ENRON.com]

                           Sent:   Wednesday, October 03, 2001 3:27 PM
                           To:     Lenhart, Matthew
                           Subject:  RE:

                           no, i would win that bet, it is just annoying
   that
      you
            keep
                  trying
                     to
                           get
                           out of taking me to dinner.  i am not letting
   you
      out
         of
            it.

                           -----Original Message-----
                           From: Matthew.Lenhart@enron.com
                  [mailto:Matthew.Lenhart@enron.com]
                           Sent: Wednesday, October 03, 2001 3:14 PM
                           To: erichardson@sarofim.com
                           Subject: RE:

                           why?  don't you think you would lose that bet?

                               -----Original Message-----
                              From:   Erin Richardson
      <erichardson@sarofim.com>
            @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                           NRON@ENRON.com]

                              Sent:   Wednesday, October 03, 2001 3:01 PM
                              To:     Lenhart, Matthew
                              Subject:  RE:

                              stop trying to get out of the dinner.

                              -----Original Message-----
                              From: Matthew.Lenhart@enron.com
                     [mailto:Matthew.Lenhart@enron.com]
                              Sent: Wednesday, October 03, 2001 3:01 PM
                              To: erichardson@sarofim.com
                              Subject: RE:

                              lets bet your dinner on it right now.  i
   think i
         might
               need
                  to
                     pay
                        up
                           to
                              get a house

                                  -----Original Message-----
                                 From:   Erin Richardson
         <erichardson@sarofim.com>
               @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                              NRON@ENRON.com]

                                 Sent:   Wednesday, October 03, 2001 2:54
   PM
                                 To:     Lenhart, Matthew
                                 Subject:  RE:

                                 yeah i did, you're gonna love her.

                                 -----Original Message-----
                                 From: Matthew.Lenhart@enron.com
                        [mailto:Matthew.Lenhart@enron.com]
                                 Sent: Wednesday, October 03, 2001 2:25 PM
                                 To: erichardson@sarofim.com
                                 Subject: RE:

                                 you did not

                                     -----Original Message-----
                                    From:   Erin Richardson
            <erichardson@sarofim.com>
                  @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                                 NRON@ENRON.com]

                                    Sent:   Wednesday, October 03, 2001
   2:16
      PM
                                    To:     Lenhart, Matthew
                                    Subject:  RE:

                                    no, i got a poodle.  go to hell.
      chihuahuas
         are
               cool.

                                    -----Original Message-----
                                    From: Matthew.Lenhart@enron.com
                           [mailto:Matthew.Lenhart@enron.com]
                                    Sent: Wednesday, October 03, 2001 2:05
   PM
                                    To: erichardson@sarofim.com
                                    Subject: RE:

                                    did you get a lil' chihuahua?  i hate
      those
            things.

                                        -----Original Message-----
                                       From:   Erin Richardson
               <erichardson@sarofim.com>
                     @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                                    NRON@ENRON.com]

                                       Sent:   Wednesday, October 03, 2001
      1:59
         PM
                                       To:     Lenhart, Matthew
                                       Subject:  RE:

                                       i went during lunch.

                                       -----Original Message-----
                                       From: Matthew.Lenhart@enron.com
                              [mailto:Matthew.Lenhart@enron.com]
                                       Sent: Wednesday, October 03, 2001
   1:48
      PM
                                       To: erichardson@sarofim.com
                                       Subject: RE:

                                       i couldnt see it b/c it was
   surrounded
      by
         a
               wooden
                     fence.
                        i
                              know
                                 you
                                       didn't get a dog.  unless you took
   one
      of
            your 2
                  hour
                        breaks
                                 before
                                       lunch.

                                           -----Original Message-----
                                          From:   Erin Richardson
                  <erichardson@sarofim.com>
                        @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                                       NRON@ENRON.com]

                                          Sent:   Wednesday, October 03,
   2001
         1:05
            PM
                                          To:     Lenhart, Matthew
                                          Subject:

                                          did you go look at that house
   last
         night?
               did
                  you
                        like
                           it?
                              i
                                 got
                                    a
                                          dog, it
                                          is precious, you are going to
   love
      it.

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

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


OUTLOOK Enron Q3 EPS 43 cents vs 34
AFX News, 10/11/01
UK: UPDATE 1-Rothschild exits base metals, precious unaffected.
Reuters English News Service, 10/11/01
INDIA: London court gives Enron India unit respite in row.
Reuters English News Service, 10/11/01
ECUADOR: Three firms accept Ecuador oil contracts at WTI-$6.97.
Reuters English News Service, 10/11/01
UK: Asian clean tanker freight seen falling - brokers.
Reuters English News Service, 10/11/01
JOBS
South Florida Sun-Sentinel, 10/11/01

OUTLOOK Enron Q3 EPS 43 cents vs 34

10/11/2001
AFX News
(c) 2001 by AFP-Extel News Ltd

NEW YORK (AFX) - Enron Corp is expected to report next Tuesday third-quarter earnings per share of 43 cents, compared with 34 cents a year earlier, according to the First Call/Thomson Financial consensus of 17 brokers.
The integrated energy company is expected to meet near-consensus results driven by its wholesale services division, analysts said.
Montgomery Securities analyst Daniel Tulis is calculating third-quarter EPS of 42 cents, 1 cent below consensus.
Full-year EPS stands at 1.85.
Enron's third quarter was marked by the unexpected departure of chief executive Jeff Skilling, for personal reasons, with Chairman Ken Lay reassuming the key position.
Lay is likely to remain in the position until it is filled within 12-18 months, Tulis said.
The company remains embroiled in arbitration proceedings in India after its 2.9 bln usd Dabhol power plant in India was closed. The plant's sole client, the Maharashtra State Electricity Board (MSEB), failed - and later refused - to pay bills that now total about 45 mln usd.
blms/gc For more information and to contact AFX: www.afxnews.com and www.afxpress.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

UK: UPDATE 1-Rothschild exits base metals, precious unaffected.
By Andy Blamey

10/11/2001
Reuters English News Service
(C) Reuters Limited 2001.

LONDON, Oct 11 (Reuters) - Blue-blooded banker N M Rothschild & Sons Ltd said on Thursday it would shut down its base metals trading operations except in Australia - the third base metals trader this week to announce cutbacks.
Rothschild remains firmly committed to its precious metals activity, however, company managing director and group treasurer Geoffrey Spice told Reuters.
The company, the merchant banking arm and UK branch of the Rothschild family's financial empire, chairs the twice-daily benchmark price-setting London gold fix.
"In light of difficult trading conditions in the base metals markets, we have concluded that our limited base metals operation is no longer viable," company Chairman Sir Evelyn de Rothschild said in a statement.
"We've been reviewing the situation for quite some time. We've found that trading conditions (in base metals) have been difficult and opportunities have been limited," Spice said.
Rothschild would not be taking on any new positions in base metals but would see existing positions on its books through to fruition, according to clients' wishes, he said.
Rothschild is a category 2 (associate broker clearing) member of the London Metal Exchange (LME); the company would maintain its LME membership while existing positions run their course and would review it in due course, Spice said.
The move to exit base metals will involve the closure of Rothschild's metals sales desk in New York and a number of redundancies in the London and New York trading, sales and support areas, the company said.
Employees were informed of the decision on Thursday afternoon; around 20 Rothschild staff in total would be affected by the move, Spice said.
The company's Australian base metals activities would continue as normal, however, he added.
"Australia has a very strong franchise and will continue to operate in the base metals market," he said.
The Rothschild move follows news this week that the Bank of Nova Scotia will scale back its base metals trading desk and that Enron Metals plans to cut around 10 percent of staff as a part of a Europe-wide job cut programme.
Base metals traders have been struggling in recent months in the face of falling business volumes and sagging metals prices as continuing economic gloom and uncertainty after the September 11 attacks on the United States leave buyers sidelined.
PRECIOUS METALS STRONG
Spice stressed, however, that the company's precious metals operations would continue as normal.
"We have a very strong position in precious metals which will not be affected in any way," he said.
"N M Rothschild remains strongly committed to our core business in precious metals and continues to be at the forefront of spot, forward and option bullion markets and a leading member of the London Bullion Market Association," the company statement said.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

INDIA: London court gives Enron India unit respite in row.

10/11/2001
Reuters English News Service
(C) Reuters Limited 2001.

BOMBAY, Oct 11 (Reuters) - The Indian unit of U.S. energy major Enron Corp . said on Thursday it had obtained a ruling from a London court preventing a provincial government from legally challenging international arbitration proceedings.
Enron's Indian unit, Dabhol Power Company, has taken a local Indian utility to the International Court of Arbitration in London for a breach of contract.
The utility, the Maharashtra State Electricity Board, had signed a contract to buy the output from Dabhol's $2.9 billion power plant on the western coast of India. It later said it did not need all the power from the 2,184 MW plant, and that it was too expensive.
But a local regulatory authority, the Maharashtra State Electricity Commission, said the power company's dispute with the utility fell within its ambit, and that Dabhol could not proceed with the arbitration. This sparked a round of litigation, which is now at a stage where the Bombay High Court must decide whether Dabhol can take the dispute to London.
In order to prevent more litigation, Enron obtained an injunction from the Commercial Court in London which restrains the government of Maharashtra, which owns the utility, from also filing a suit in India challenging the international arbitration proceedings.
"Over the past few months, the government of Maharashtra and other government entities have taken actions to avoid complying with their contractual obligations," Dabhol said in a statement received late on Thursday. "This has frustrated the rights of international investors that were legally agreed to by the relevant parties several years ago."
Government officials were not be reached for comment.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

ECUADOR: Three firms accept Ecuador oil contracts at WTI-$6.97.

10/11/2001
Reuters English News Service
(C) Reuters Limited 2001.

QUITO, Ecuador, Oct 11 (Reuters) - Anglo Energy, Enron and Rio Energy agreed to match the price of $6.97 below West Texas Intermediate (WTI) for Ecuador crude contracts for November, a Petroecuador official said Thursday.
Petroecuador last week retendered eight three-month crude contracts, each for 12,000 barrels per day (bpd), following a price dispute with former contract holders that led Ecuador's state oil company to break the contracts.
The company awarded Coastal Petroleum two contracts on Friday at WTI minus $6.97, with a floor price for WTI at $20 per barrel, and offered other interested companies the chance to match this price for November.
Petroecuador will set the price of Ecuador's crude for December and January.
Anglo Energy will take two contracts while Enron and Rio Energy will take one contract each, the official said on the condition of anonymity.
It was not immediately clear what would happen to two crude contracts sought by Glencore. Glencore had yet to respond to the offer on Thursday, the source said.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

UK: Asian clean tanker freight seen falling - brokers.

10/11/2001
Reuters English News Service
(C) Reuters Limited 2001.

LONDON, Oct 11 (Reuters) - Asian petroleum product trades are likely to benefit from falling freight costs next week, as a raft of surplus tankers makes its way towards Singapore, tanker brokers said on Thursday.
"There's a lot of ships ballasting down from Japan, arriving from the middle of next week onwards," said a Singapore broker. "From October 15 to 20 there will be eight to 10 ships in the area. Rates will fall further."
He said that intra-Asian freight rates had already started to slide from a spike that topped W280 at the start of the week to W260 on Thursday ($17.52 per tonne).
He said that transpacific trade, which often serves to tighten up the intra-Asian market, was dead.
"The only arbs that are open are gasoline to Singapore from Europe and jet going the other way," he said. "Cargill did 35,000 tonnes from Malacca to UK-Cont on the High Challenge: we're guessing jet."
London brokers said Enron had also booked a ship, the Teekay Freighter, to shift 70,000 tonnes of gasoil from Jamnagar, India to Europe.
Brokers said that the Mideast Gulf trade, which occasionally sucks surplus ships out of Asia, was also quiet. Glencore booked two tankers for 40,000 tonne clean cargoes from Yanbu to East Coast India at W235, down 15 points on week-ago levels.
"Long Range trades from the Gulf are quiet," said a London broker. "Nothing's happening so it's difficult to know where rates stand, but basically it's going down."
A panel of brokers from London's Baltic Exchange pegged the naphtha trade on 75,000 tonners from the Gulf to Japan at W189 late on Wednesday, following a fall of eight points from week-ago levels.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

LOCAL
DANIA RESIDENTS POKE HOLES IN PIPELINE PLAN
David Fleshler Staff Writer

10/11/2001
South Florida Sun-Sentinel
Broward Metro
3B
(Copyright 2001 by the Sun-Sentinel)

A proposal to build a natural gas pipeline from the Bahamas to Broward County drew harsh reviews Wednesday from an audience in Dania Beach.
Not a single speaker spoke in favor of the project, although one or two were neutral, during a public workshop held by the Federal Energy Regulatory Commission at the I.T. Parker Community Center.
"It is totally insane to put a high-pressure natural gas pipeline through such a densely populated area," said Susan Epps, of Oakland Park. "The loss of life and property if there would be an accident would be catastrophic."
The commission is preparing an environmental impact statement for the project. More workshops will be held once a draft is ready. The process is expected to take several months.
Enron Corp. of Houston proposed the pipeline as a way to meet the state's growing demand for natural gas, a relatively clean and increasingly popular fuel for power plants. Two other companies have made similar proposals.
Enron's representatives say construction of the pipeline would do minimal damage to the coral reefs in its path. And it is an extremely safe way to transport natural gas.
But few people in the audience saw it that way.
Dan Clark, a member of a Broward County group that monitors the health of coral reefs, said that the company's representatives painted too rosy a picture of the project's impact on coral reefs by claiming that drilling a path under the reefs would leave them unharmed.
"What they failed to tell you is that they're going to have to assemble the pipe across the second reef and drag it across the second reef," he said. "At a time when we're losing these habitats, we don't want to lose any more, willingly."
Some speakers questioned the wisdom of bringing in another source of fossil fuels, however clean it may be, rather than putting more effort in conservation and renewable energy.
"Why don't we regulate people's use of energy?" asked Judy Kuchta, of North Beach in Hollywood. "Why do people have to waste energy playing stupid video games and watching mindless TV?"
Several speakers worried about the project's effects on John U. Lloyd State Park, a popular beachfront park under which the pipeline would run.
"The park simply can't sustain the additional degradation of pipeline construction and operation," said Sara Case, speaking for Save Our Shoreline, a Hollywood conservation group. "The beach is one of Broward County's most important sea turtle nesting areas. Shore birds are attracted to the park. We simply find it difficult to believe that significant environmental damage is not inevitable from this monumental project."
David Fleshler can be reached at dfleshler@sun-sentinel.com or 954- 356-4535.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

BUSINESS
JOBS
Bloomberg News

10/11/2001
South Florida Sun-Sentinel
Broward Metro
3D
(Copyright 2001 by the Sun-Sentinel)

Enron Corp., the largest energy trader, plans to cut as many as 500 jobs in Europe, or as much as 10 percent of its work force there, to reduce costs and boost profit.
The company has 5,000 workers in Europe and plans to trim jobs by 5 percent to 10 percent. "Business continues to grow in terms of traded volumes and numbers of transactions, but like any company, we are constantly seeking ways to do more with less," John Sherriff, chief executive of Enron Europe, said.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.


Dale:

At long last, attached please find the revised Index Product Long
Descriptions (clean and red-line), as well as the new Index descriptions.

Please note that Mike asked me to include a ZP26 Peak and Off-Peak Index.

 I have also included below revised language for the Financial Power Swap
Product, which Mark Taylor should okay:

Financial Power Swap Product:

"A US Power Financial Swap Transaction with Enron North America Corp., under
which the Seller
pays a Floating Price and the Buyer pays the price submitted by Counterparty
on the website
(the Fixed Price) in each case in respect of the Notional Quantity per
Determination Period.  Each
calendar month during the term of the Transaction or the term of the
Transaction if it is less than a month will be
a Determination Period. The Notional
Quantity per Determination Period shall be the volume for the relevant
Determination Period
(calculated using the volume submitted by Counterparty via EnronOnline). The
Payment Date(s)
will be 5 business days after the Floating Price is determinable. The
Floating Price shall be the
average of the Index for each day in the relevant Determination Period."

Let me know when you have some product examples for my review.
I need to look at a full-blown example to make sure we've covered all the
bases.

Leslie


ferget it.  i'm just as swamped.  i don't care if you've got a goddamed
boyfriend and a busy job.  friday we're having coffee.  for 30 rotten
minutes.  you name the place and the time.

hugs and kisses,
jeff

Colleen Silva <Csilva@redsky.com> on 09/06/2000 04:17:16 PM
To: "'jdasovic@enron.com'" <jdasovic@enron.com>
cc:
Subject: RE:

next week would probably be best, as i am swamped with hundreds of emails
and my project/beast... how are you and how is school?

-----Original Message-----
From: jdasovic@enron.com [mailto:jdasovic@enron.com]
Sent: Wednesday, September 06, 2000 1:56 PM
To: Colleen Silva
Subject: RE:

i expected as much.  and lunch?

Colleen Silva <Csilva@redsky.com> on 09/06/2000 03:50:49 PM

To:   "'Jeff Dasovich'" <jdasovic@enron.com>
cc:
Subject:  RE:

burning man was lofty, writer's conference was total debauchery, of course
i'm famous now...

-----Original Message-----
From: Jeff Dasovich [mailto:jdasovic@enron.com]
Sent: Tuesday, September 05, 2000 5:04 PM
To: Colleen Silva
Subject:

did you burn the man?  are we having lunch?  are you famous now?


Kate this is a new file as of 2:30 today.  The previous one was from this
morning.
---------------------- Forwarded by Mark Confer/HOU/ECT on 05/02/2001 03:18
PM ---------------------------
To: Mark Confer/HOU/ECT@ECT
cc:
Subject: latest file

see attached.

bc


Daren,

Mike in Gas Control called and said meter # 9842 is flooded and has not
flowed in a couple of days.  The field tech said it will probably be a few
days before it resumes.  Do you want the nom adjusted?  It is at 8,034.  The
deal # is 377169.

Bob


With respect to this new counterparty for EnronOnline (correct name to
follow):

Sam Schott advises us that we are limited to 90 characters for a counterparty
name in GCP.  The correct legal name for this counterparty is longer than 90
characters.  I discussed this with Marcus Nettelton, our power lawyer, and if
the following scenario meets with the approval of the financial and physical
power Confirmation Desks we think the best way to treat this matter is to set
the counterparty up in GCP as follows and then add this counterparty to the
special handling list so all confirmations, physical and financial, offline
and online, go out with the LEGAL NAME, not with the GCP NAME.

LEGAL NAME OF COUNTERPARTY:  Alliant Energy Corporate Services, Inc., as
authorized agent for and on behalf of IES Utilities Inc., Interstate Power
Company, and Wisconsin Power and Light Company

SUGGESTED NAME FOR GCP:   Alliant Energy Corporate Services, Inc., as Agent
for three listed utilities

Joe and Kim, is this workable for the Confirm Desks?  If you can let me and
Sam know then Sam can get them set us.

Thanks for your help!


In order to better align our resources with the business units we support,
we are designating the following individuals as operating company leads with
primary responsibility for designing and implementing government and
regulatory affairs support for the operating companies and to serve as
primary contacts for the operating companies:

  EBS: Scott Bolton & Donald Lassere

  EES: Harry Kingerski

  ENA: Jim Steffes

 In addition to supporting the operating company organizations, these
individuals will report to Rick Shapiro.  Jim Steffes will retain his
responsibilities for regulatory risk assessment and will continue to report
to Steve Kean in that capacity.

 There are already numerous working relationships and points of contact
between government affairs and the operating companies.  The designation of
Scott, Donald, Harry and Jim as leads does not change that.  Rather, we are
looking to these individuals to coordinate these activities and serve as a
"go to" resource on issues which impact the respective operating companies.


To:     ABA Section of Environment, Energy, and Resources Section Leadership
Re:     Section Leadership Directory Updates
As of 12/31/01 the following updates have been made to the 2001-2002 Section Leadership Directory.  Please note these changes in your directory.
Directory Page Number: 48
Member Name: Thomas Kiehnhoff
Business Fax:  409-833-8236
Directory Page Number: 54
Member Name: Karen Mignone
Email Address: kmignone@hklaw.com
Directory Page Number: 56
Member Name: Laura J. Nagle
Firm Name:  Davis Graham & Stubbs LLP
Address: 1550 Seventeenth Street, Suite 500
Directory Page Number: 59
Member Name: Amy Royden
Firm Name:  STAPPA/ALAPCO
Address:  44 N. Capitol Street, NW, Suite 307
City, State, Zip: Washington, DC  20001
Phone Number: 202-624-5985
Fax Number: 202-624-7863
Email Address: aroyden@SSONet.sso.org
Directory Page Number: 60
Member Name: Scott Sachs
Address: 657 Cochran Av.,  Apt. 204
City, State, Zip: Los Angeles, CA  90036
Phone Number: 323-936-1790
Fax Number: None
Email Address: skydog007@aol.com
If there are any changes to your personal information, please contact
Section staff (Fred Faulkner, faulknef@staff.abanet.org <mailto:faulknef@staff.abanet.org > or Sharyne Tu, tusharyn@staff.abanet.org <mailto:tusharyn@staff.abanet.org >).  Also, please contact the ABA at
<http://www.abanet.org/members/join/coa1.html > with any changes.
Thank you.
****************************************************************************
To unsubscribe, reply to this message with the word "unsubscribe" in the subject line.
To review our privacy statement, go to http://www.abanet.org/privacy_statement.html .
To change your e-mail address or remove your name from any future general
distribution e-mails, complete the form at https://www.abanet.org/members/join/coa1.html
Visit: www.abanet.org/environ
Questions: environ@abanet.org <mailto:environ@abanet.org > or call 312/988-5625
Copyright 2001 American Bar Association Section of Environment, Energy, and Resources
****************************************************************************


Do you want it to include index positions?  It doesn't now, but it can...

 -----Original Message-----
From: 	Grigsby, Mike
Sent:	Sunday, October 28, 2001 4:11 PM
To:	O'Rourke, Ryan
Subject:	RE: West Positions 1025

Are you going to include the index position summary in this file?

Thanks,
Mike

 -----Original Message-----
From: 	O'Rourke, Ryan
Sent:	Thursday, October 25, 2001 5:59 PM
To:	Grigsby, Mike
Subject:	West Positions 1025

 << File: HS_WESTall1025.xls >>

 << File: HS_WESTminusPA1025.xls >>


Vince:

Do you want to renew the below listed subscriptions?

Please let me know.

Thanks
Shirley

Shirley,

I hope you had a good weekend.  The following subscriptions for Vince are up
for renewal.  Please let me know which Vince would like to renew:

Derivatives: Tax Regulation & Finance
Derivatives Quarterly
Derivatives Strategy
Energy Economist
Financial Markets Institutions & Instruments for US Canada & Mexico
Journal of Derivatives
Journal of Fixed Income
Mathematical Finance
Regulation / The Cato Review of Business & Government
Review of Financial Studies
Swaps Monitor
New York Times

Some we may have renewed already.  Call me with any questions.

Thank you

Susan


January 7, 2002

The Tennessee Gas Pipeline Mendon Interconnect (MR 00205) has been
scheduled to the capacity that Algonquin (AGT) can accept into the AGT
system for gas day January 8, 2002. Receipts at the Mendon interconnect
will be restricted to the capacity of 200,000 Dth for gas day Tuesday,
January 8, 2002.

Please contact your Operations Account Manager if you have any
questions.

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

NOTE:

Duke Energy Gas Transmission respects your online time and privacy.
You have received this email because you elected to subscribe. To
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uncheck the appropriate checkbox, and click the Submit button.


Mark Haedicke is on the left, Mark Frevert (Chairman of the wholesale markets
subsidiaries) on the right.

Yours truly, et al