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Carlos: I have visited with Lance Schuler on this matter. The kind of provision you are talking about would need to be approved by Mark Metts, Tim Detmering, the President and General Counsel of ENA ( Lance has Haedicke's proxy to sign off for ENA), and the President and General Counsel of every affiliate that would be bound by the provision. I suggest when you get in that you get a copy of the corporate policy on this kind of thing from Lance. I trust all is well with you and your family. Congratulations on the birth. Jeff Carlos Sole@ENRON 04/02/2001 01:40 PM To: Jeffrey T Hodge/HOU/ECT@ECT cc: [email protected], Fred Mitro/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT, Sharon Hausinger/Enron@EnronXGate Subject: Non-Compete Provision Binding Affiliates Jeff, I am working on the divestiture of a project company that had been developing a power plant site in Illinois and as part of our proposed purchase and sale agreement, the purchaser has requested a non-compete obligation of 2.5 years with respect to the project and project company that we are selling that would bind both ENA and its Affiliates. I recall that previously there was a policy which required certain approvals (including Mark Metts of Corporate Development) for non-compete agreements that were binding on other entities beyond the immediate business unit involved in the transaction. Could you help us out and let us know whom we need to contact. Thanks. PS I am working on a legal risk memo for this transaction and will forward it to you a draft later today or early tomorrow as we are hoping to DASH and close on it by the end of this week. Section 7.9 Due Diligence; Competitive Activities. (a) NOTWITHSTANDING ANYTHING STATED IN THIS PURCHASE AGREEMENT TO THE CONTRARY, PURCHASER AGREES THAT (A) SELLER RELATED PARTIES HAVE MADE NO REPRESENTATIONS, WARRANTIES, COVENANTS OR AGREEMENTS TO OR WITH PURCHASER RELATED PARTIES RELATING TO THE TRANSACTIONS CONTEMPLATED HEREBY, OTHER THAN THOSE EXPRESSLY SET FORTH IN THIS PURCHASE AGREEMENT AND (B) PURCHASER RELATED PARTIES HAVE NOT RELIED UPON ANY REPRESENTATIONS, WARRANTIES, COVENANTS OR AGREEMENTS RELATING TO THE TRANSACTIONS CONTEMPLATED HEREBY, OTHER THAN THOSE EXPRESSLY SET FORTH IN THIS PURCHASE AGREEMENT. PURCHASER ADDITIONALLY ACKNOWLEDGES THAT IT HAS CONDUCTED ITS OWN EVALUATION OF ALL ASPECTS (INCLUDING, WITHOUT LIMITATION, ENGINEERING, ENVIRONMENTAL, TRANSMISSION, ACCOUNTING, REGULATORY AND LEGAL) OF THE COMPANY AND THE PROJECT, AND IS RELYING SOLELY ON SUCH INVESTIGATION AND EVALUATION OF SUCH MATTERS IN DETERMINING WHETHER OR NOT TO ACQUIRE THE INTERESTS. ADDITIONALLY, PURCHASER HAS INDEPENDENTLY EVALUATED THE RISKS ASSOCIATED WITH THE DEVELOPMENT OF THE PROJECT AND THE PROSPECTS RELATING TO OBTAINING REQUIRED PERMITS, CONTRACTS, AGREEMENTS, AND ARRANGEMENTS NECESSARY FOR THE SUCCESSFUL DEVELOPMENT AND OPERATION THEREOF AND IS RELYING SOLELY ON SUCH INVESTIGATION AND EVALUATION OF SUCH MATTERS IN DETERMINING WHETHER OR NOT TO ACQUIRE THE INTERESTS. PURCHASER ACKNOWLEDGES THAT THE KENDALL PROJECT DOCUMENTS DO NOT REPRESENT OR PROVIDE FOR ALL OF THE ASSETS, PERMITS, CONTRACTS, AND AGREEMENTS NECESSARY FOR THE PROJECT, AND, EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS PURCHASE AGREEMENT, SELLER MAKES NO REPRESENTATION OR WARRANTY AS TO THE ABILITY OF PURCHASER OR THE COMPANY TO OBTAIN THE SAME OR ANY OF THE TERMS THEREOF, OR AS TO THE ABILITY OR LIKELIHOOD THAT ANY OF THE OTHER PARTIES TO ANY OF SUCH DOCUMENTS SHALL PERFORM IN ACCORDANCE WITH THE TERMS THEREOF. (b) SELLER HEREBY AGREES THAT FOR A PERIOD OF ONE YEAR[THIRTY MONTHS] FOLLOWING THE CLOSING, SELLER WILL NOT DIRECTLY OPPOSE ANY ACTION BY PURCHASER OR THE COMPANY BEFORE THE CITY OF YORKVILLE OR KENDALL COUNTY AUTHORITIES IN CONNECTION WITH THE DEVELOPMENT OF THE PROJECT NO SELLER RELATED PARTY SHALL (i) TAKE OR SUPPORT ANY ACTION INTENDED BY SUCH SELLER RELATED PARTY TO (A) IMPEDE THE COMPANY,S ABILITY TO DEVELOP THE PROJECT IN THE MANNER CONTEMPLATED BY THE KENDALL PROJECT DOCUMENTS, (B) DELAY COMPLETION OF THE PROJECT BY THE COMPANY, OR (C) MATERIALLY INCREASE THE COMPANY,S COST TO COMPLETE THE PROJECT, OR (ii) TAKE OR SUPPORT ANY POSITION IN ANY PROCEEDING BEFORE ANY GOVERNMENTAL AUTHORITY DIRECTLY RELATING TO THE PROJECT THAT (A) CONTESTS OR SEEKS TO CONDITION THE ISSUANCE OF ANY AUTHORIZATION, APPROVAL OR CONSENT SOUGHT BY THE COMPANY OR PURCHASER, (B) CHALLENGES THE VALIDITY OF ANY AUTHORIZATION, APPROVAL OR CONSENT OBTAINED BY THE COMPANY OR PURCHASER OR (C) IS IN OPPOSITION TO THAT ASSERTED BY PURCHASER. EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION 7.9(b) AND SUBJECT TO COMPLIANCE BY SELLER WITH ITS OTHER EXPRESS OBLIGATIONS IN THIS PURCHASE AGREEMENT, (i) EACH OF THE SELLER RELATED PARTIES MAY ENGAGE IN WHATEVER ACTIVITIES IT CHOOSES (INCLUDING DEVELOPMENT ACTIVITIES OR POWER PROJECTS) REGARDLESS OF WHETHER THE SAME ARE COMPETITIVE WITH THE PURCHASER OR THE COMPANY, WITHOUT HAVING OR INCURRING ANY OBLIGATION TO DISCLOSE SUCH ACTIVITIES TO PURCHASER OR THE COMPANY OR TO OFFER TO PURCHASER OR THE COMPANY ANY INTEREST IN SUCH ACTIVITIES AND (ii) NEITHER THIS PURCHASE AGREEMENT NOR ANY ACTIVITY UNDERTAKEN PURSUANT HERETO SHALL PREVENT SELLER RELATED PARTIES FROM ENGAGING IN SUCH ACTIVITIES, OR REQUIRE SELLER RELATED PARTIES TO DISCLOSE SUCH PARTICIPATION TO PURCHASER OR THE COMPANY, AND AS A MATERIAL PART OF THE CONSIDERATION FOR THE EXECUTION OF THIS PURCHASE AGREEMENT BY SELLER, PURCHASER HEREBY WAIVES, RELINQUISHES, AND RENOUNCES ANY SUCH RIGHT OR CLAIM OF NOTICE OR PARTICIPATION IN SUCH ACTIVITIES. Carlos Sole' Senior Counsel Enron North America Corp. 1400 Smith Street Houston, Texas 77002-7361 (713) 345-8191 (phone) 713 646-3393 (fax)
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 05/01/2001 02:14 PM --------------------------- Outlook Migration Team@ENRON 04/27/2001 01:01 PM To: Allison Horton/NA/Enron@ENRON, Amir Baig/NA/Enron@ENRON, Brandon Bangerter/NA/Enron@Enron, Brian Ellis/Corp/Enron@Enron, Charles Philpott/HR/Corp/Enron@ENRON, Chris P Wood/NA/Enron@Enron, Chris Tull/HOU/ECT@ECT, Dale Smith/Corp/Enron@ENRON, Dave June/NA/Enron@ENRON, Donald Sutton/NA/Enron@Enron, Felicia Buenrostro/HR/Corp/Enron@ENRON, Johnna Morrison/Corp/Enron@ENRON, Joe Dorn/Corp/Enron@ENRON, Kathryn Schultea/HR/Corp/Enron@ENRON, Leon McDowell/NA/Enron@ENRON, Leticia Barrios/Corp/Enron@ENRON, Milton Brown/HR/Corp/Enron@ENRON, Raj Perubhatla/Corp/Enron@Enron, Shekar Komatireddy/NA/Enron@Enron, Andrea Yowman/Corp/Enron@ENRON, Angie O'Brian/HR/Corp/Enron@ENRON, Bonne Castellano/HR/Corp/Enron@ENRON, Gwynn Gorsuch/NA/Enron@ENRON, Jo Ann Matson/Corp/Enron@ENRON, LaQuitta Washington/HR/Corp/Enron@ENRON, Rick Johnson/HR/Corp/Enron@ENRON, Sandra Lighthill/HR/Corp/Enron@ENRON, Valeria A Hope/HOU/ECT@ECT, Charlotte Brown/HR/Corp/Enron@ENRON, Ronald Fain/HR/Corp/Enron@ENRON, Gary Fitch/HR/Corp/Enron@Enron, Anna Harris/HR/Corp/Enron@ENRON, Keith Jones/HR/Corp/Enron@ENRON, Kristi Monson/NA/Enron@Enron, Bobbie McNiel/HR/Corp/Enron@ENRON, John Stabler/HR/Corp/Enron@ENRON, Michelle Prince/NA/Enron@Enron, James Gramke/NA/Enron@ENRON, Blair Hicks/NA/Enron@ENRON, Jennifer Johnson/Contractor/Enron Communications@Enron Communications, Jim Little/Enron@EnronXGate, Dale Lukert/NA/Enron@ENRON, Donald Martin/NA/Enron@ENRON, Andrew Mattei/NA/Enron@ENRON, Darvin Mitchell/NA/Enron@ENRON, Mark Oldham/NA/Enron@ENRON, Wesley Pearson/NA/Enron@ENRON, Ramon Pizarro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Natalie Rau/NA/Enron@ENRON, William Redick/NA/Enron@ENRON, Mark A Richardson/NA/Enron@ENRON, Joseph Schnieders/NA/Enron@ENRON, Gary Simmons/NA/Enron@Enron, Delaney Trimble/NA/Enron@ENRON, David Upton/NA/Enron@ENRON, Mike Boegler/HR/Corp/Enron@ENRON, Lyndel Click/HR/Corp/Enron@ENRON, Gabriel Franco/NA/Enron@Enron, Randy Gross/HR/Corp/Enron@Enron, Arthur Johnson/HR/Corp/Enron@Enron, Danny Jones/HR/Corp/Enron@ENRON, John Ogden/Houston/Eott@Eott, Edgar Ponce/NA/Enron@Enron, Tracy Pursifull/HR/Corp/Enron@ENRON, Lance Stanley/HR/Corp/Enron@ENRON, Frank Ermis/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Matthew Lenhart/HOU/ECT@ECT, Mike Grigsby/HOU/ECT@ECT, Monique Sanchez/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Tori Kuykendall/HOU/ECT@ECT, Brenda H Fletcher/HOU/ECT@ECT, Jeanne Wukasch/Corp/Enron@ENRON, Mary Theresa Franklin/HOU/ECT@ECT, Mike Potter/NA/Enron@Enron, Natalie Baker/HOU/ECT@ECT, Suzanne Calcagno/NA/Enron@Enron, Alvin Thompson/Corp/Enron@Enron, Cynthia Franklin/Corp/Enron@ENRON, Jesse Villarreal/HOU/ECT@ECT, Joan Collins/HOU/EES@EES, Joe A Casas/HOU/ECT@ECT, Kelly Loocke/ENRON@enronXgate, Lia Halstead/NA/Enron@ENRON, Meredith Homco/HOU/ECT@ECT, Robert Allwein/HOU/ECT@ECT, Scott Loving/NA/Enron@ENRON, Shanna Boudreaux/ENRON@enronXgate, Steve Gillespie/Corp/Enron@ENRON, Tamara Carter/NA/Enron@ENRON, Tracy Wood/NA/Enron@ENRON, Gabriel Fuzat/Enron Communications@Enron Communications, Jack Netek/Enron Communications@Enron Communications, Lam Nguyen/NA/Enron@Enron, Camille Gerard/Corp/Enron@ENRON, Craig Taylor/HOU/ECT@ECT, Jessica Hangach/NYC/MGUSA@MGUSA, Kathy Gagel/NYC/MGUSA@MGUSA, Lisa Goulart/NYC/MGUSA@MGUSA, Ruth Balladares/NYC/MGUSA@MGUSA, Sid Strutt/NYC/MGUSA@MGUSA cc: Subject: 4-URGENT - OWA Please print this now. Current Notes User: REASONS FOR USING OUTLOOK WEB ACCESS (OWA) 1. Once your mailbox has been migrated from Notes to Outlook, the Outlook client will be configured on your computer. After migration of your mailbox, you will not be able to send or recieve mail via Notes, and you will not be able to start using Outlook until it is configured by the Outlook Migration team the morning after your mailbox is migrated. During this period, you can use Outlook Web Access (OWA) via your web browser (Internet Explorer 5.0) to read and send mail. PLEASE NOTE: Your calendar entries, personal address book, journals, and To-Do entries imported from Notes will not be available until the Outlook client is configured on your desktop. 2. Remote access to your mailbox. After your Outlook client is configured, you can use Outlook Web Access (OWA) for remote access to your mailbox. PLEASE NOTE: At this time, the OWA client is only accessible while connecting to the Enron network (LAN). There are future plans to make OWA available from your home or when traveling abroad. HOW TO ACCESS OUTLOOK WEB ACCESS (OWA) Launch Internet Explorer 5.0, and in the address window type: http://nahou-msowa01p/exchange/john.doe Substitute "john.doe" with your first and last name, then click ENTER. You will be prompted with a sign in box as shown below. Type in "corp/your user id" for the user name and your NT password to logon to OWA and click OK. You will now be able to view your mailbox. PLEASE NOTE: There are some subtle differences in the functionality between the Outlook and OWA clients. You will not be able to do many of the things in OWA that you can do in Outlook. Below is a brief list of *some* of the functions NOT available via OWA: Features NOT available using OWA: - Tasks - Journal - Spell Checker - Offline Use - Printing Templates - Reminders - Timed Delivery - Expiration - Outlook Rules - Voting, Message Flags and Message Recall - Sharing Contacts with others - Task Delegation - Direct Resource Booking - Personal Distribution Lists QUESTIONS OR CONCERNS? If you have questions or concerns using the OWA client, please contact the Outlook 2000 question and answer Mailbox at: [email protected] Otherwise, you may contact the Resolution Center at: 713-853-1411 Thank you, Outlook 2000 Migration Team
---------------------- Forwarded by David M Gagliardi/TTG/HouInd on 06/23/2000 09:01 AM --------------------------- Tracy Ralston <[email protected]> on 06/22/2000 10:30:48 PM To: [email protected] cc: Subject: FW: True Orange Fax/E-Mail #56 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Wednesday, June 21, 2000 8:45 PM To: [email protected] Subject: True Orange Fax/E-Mail #56 True Orange Fax/E-Mail Service Volume 8, Fax/E-Mail #56, Wednesday, June 21, 2000 Jerry Scarbrough's True Orange, P. O. Box 26530, Austin, Texas 78755 - Phone 512-795-8536 Longhorns Get Pledge from Euless Trinity Defensive Back Braden Johnson, 6-2, 200, 4.4, a defensive back from Euless Trinity who came to one of Texas' three-day summer camps earlier this month, committed to the Longhorns Wednesday. Johnson, a hard-hitting safety who had 42 tackles last season for the 9-2 Trojans, who had one of the top defenses in the Dallas-Fort Worth area, is moving to quarterback this season. His father, David, told me his son decided to commit to the Longhorns because "the Texas coaches really impressed him with their coaching methods and with the classy way they operate. They were very open and very straightforward." David Johnson said his son also attended a TCU camp this summer and went to a Texas A&M camp last summer. He said several schools called his son in May, the month the NCAA allows schools to make one phone call to each recruit. He said calls came from coaches at Notre Dame, Oklahoma, Nebraska, Arkansas, TCU and others, but he said his son decided to commit to Texas and get the recruiting process behind him so he could concentrate on his senior season. Braden Johnson has strong athletic blood lines. David Johnson was on a football scholarship at Oklahoma State when he suffered a career-ending shoulder injury and David has two famous uncles for old-time football fans. One is Bill Johnson, who had a 20-year career as a player and coach with the San Francisco 49ers and who also coached with Paul Brown on the Cleveland Browns' staff. The other is Gil Johnson, the quarterback on the great SMU teams that featured Doak Walker and Kyle Rote. Braden Johnson is a three-sport star. He plays centerfield in baseball and runs on the 400-meter relay in track. He also is a good student. Johnson is the fifth high school star to commit to Texas this month. The others are WR-DB Brian Carter of The Woodlands, and OLs Jonathan Scott of Dallas Carter, Abe Robinson of Houston Jersey Village and Will Allen of Houston Cypress Falls. In addition, Alfio Randall, a super OL recruit a year ago, is on track to graduate from Blinn JC in December and he told me he will enroll at Texas in January. All five of the high school prospects who committed did so after attending one of the Longhorns' summer camps. Scott and Robinson are on virtually all of the national top 100 lists. RECRUITING NOTES: The top running back and the top quarterback in Texas both say they would like to commit early and the Longhorns are in strong contention for both. The RB is Cedric Benson of Midland Lee, who rushed for 3,526 yards and 51 touchdowns in leading Lee to a 16-0 season and it's second straight Class 5A state championships. Both those incredible totals are Class 5A records. The QB is Matt Nordgren of Dallas Bishop Lynch, who threw for 2,500 yards as a sophomore before suffering a broken collarbone last season that knocked him out of his teams' final five games. He still passed for 1,170 yards. . . The Longhorns already have commitments from two of the 24 members of the "Super Team" in Dave Campbell's Texas Football Magazine. They are Scott and Robinson. The only other member of the "Super Team" who has committed is Madisonville RB David Underwood, the Aggies' No. 1 RB target who announced last week that he is going to be a Michigan Wolverine. Allen made the second team and Carter made the third team. . . There are at least five super players I have seen who will be big recruiting targets next year. That's right ? they were so good as sophomores that every school in the country already knows about them. They are QB Vincent Young, 6-5, 195, 4.5, of Houston Madison; RB Selvin Young, 5-11, 188, 4.4, of Houston Jersey Village; DL Marco Martin, 6-4, 290, 4.7, of Mesquite; DE Travis Leitko, 6-5, 250, 4.7, of The Woodlands, and TE-OL Eric Winston, 6-6, 265, 5.0, of Midland Lee. Young ran for 2,204 yards last year in a tough district. Young threw for 1,007 yards and ran for 730 more as a sophomore, also in a tough league. Martin is so agile that he also plays fullback and so quick that he's a terrific pass rusher and run stopper. Leitko was a dominating force as a sophomore last year on The Woodlands' playoff team. Winston is a great athlete who was one of the stars on Lee's title team as a sophomore. Leitko and Young came to Texas' summer camp earlier this month. In the "did-you-know" department: Nebraska was 81-8 in the last seven football seasons. That makes the Huskers 80-5 against the rest of the world during that span, but only 1-3 against our Longhorns. * * * * My next fax will be whenever events warrant. * * * * The True Orange Fax Service includes at least 99 faxes a year and costs $99 ($79 by E-Mail). The True Orange Newsletter includes 26 newsletters and is published weekly during football season and twice monthly during most of the other months. It costs $45. Save by subscribing to both for $130 (or $110 if you take the faxes via E-Mail or $99 if you take the faxes and newsletter via E-Mail). Send check to address at the top of page. I also update my 900 number ? 1-900-288-8839 ? frequently with recruiting news. My E-Mail address is: [email protected]
Total Trades for Day 629 EOL Deals From: 11/01/2001 To: 11/13/2001 EnPower From: 11/01/2001 To: 11/13/2001 Desk Total Deals Total MWH Desk Total Deals Total MWH EPMI Long Term California 373 5,787,856 EPMI Long Term California 36 1,256,554 EPMI Long Term Northwest 177 2,456,200 EPMI Long Term Northwest 76 2,553,393 EPMI Long Term Southwest 236 5,578,466 EPMI Long Term Southwest 201 7,778,128 EPMI Short Term California 1,036 1,262,040 EPMI Short Term California 375 935,081 EPMI Short Term Northwest 602 776,640 EPMI Short Term Northwest 249 495,213 EPMI Short Term Southwest 813 1,193,952 EPMI Short Term Southwest 404 1,674,462 Real Time 769 19,525 Real Time 271 26,026 Grand Total 4,006 17,074,679 Grand Total 1,612 14,718,858 EOL Deals From: 11/13/2001 To: 11/13/2001 EnPower From: 11/13/2001 To: 11/13/2001 Desk Total Deals Total MWH Desk Total Deals Total MWH EPMI Long Term California 50 792,400 EPMI Long Term California 3 42,800 EPMI Long Term Northwest 24 474,600 EPMI Long Term Northwest 8 447,831 EPMI Long Term Southwest 41 1,090,821 EPMI Long Term Southwest 4 65,930 EPMI Short Term California 104 112,328 EPMI Short Term California 33 38,576 EPMI Short Term Northwest 76 72,400 EPMI Short Term Northwest 26 28,952 EPMI Short Term Southwest 112 148,200 EPMI Short Term Southwest 40 133,428 Real Time 77 1,925 Real Time 28 2,250 Grand Total 484 2,692,674 Grand Total 142 759,767 EOL Deals From: 11/13/2001 To: 11/13/2001 EOL Deals From: 11/13/2001 To: 11/13/2001 Long Term West Management Total Deals Total MWH Short Term West BOM Total Deals Total MWH Daily 0 0 Daily 0 0 Month-to-Date EOL 9 2,200 Month-to-Date EOL 0 0 Enpower daily deals 0 0 Enpower daily deals 0 0 Month-to-Date Enpower 2 2,003 Enpower daily deals 0 0 EOL Deals From: 11/13/2001 To: 11/13/2001 EPMI California Services Total Deals Total MWH Daily 0 0 Month-to-Date 0 0 Enpower daily deals 0 0 ICE Volumes From: 11/13/2001 To: 11/13/2001 Delivery Point Total MWH EPMI MWH Price Cob (OP, Next Day) 400 0 $ 18.50 Cob (P, Next Day) 800 0 $ 24.00 Mid C (P, Next Day) 6,000 400 $ 23.67 Mid C (OP, Next Day) 600 0 $ 17.67 Mid C (OP, Bal Month) 13,200 8,800 $ 19.38 Mid C (P, Bal Month) 15,600 0 $ 24.42 Mid C (P, Dec-01) 110,000 0 $ 33.53 Mid C (P, Jan-02) 31,200 0 $ 34.27 Mid C (P, Mar-02) 41,600 0 $ 32.90 Mid C (P, Apr-02) 31,200 0 $ 28.80 Mid C (P, May-02) 10,400 0 $ 25.80 Mid C (P, Jun-02) 10,000 0 $ 28.00 Mid C (P, Jul-02) 20,800 0 $ 42.70 Mid C (P, Aug-02) 10,800 0 $ 50.40 Mid C (P, Q1 02) 30,400 0 $ 33.20 Mid C (P, Q2 02) 92,400 0 $ 27.37 NP-15 (P, Next Day) 4,000 400 $ 26.60 NP-15 (OP, Next Day) 2,800 600 $ 20.38 NP-15 (P, Bal Month) 15,600 0 $ 26.83 NP-15 (OP, Bal Month) 4,400 0 $ 21.00 NP-15 (OP, Dec-01) 8,600 0 $ 27.20 NP-15 (P, Dec-01) 60,000 0 $ 33.73 NP-15 (P, Jan-02) 20,800 0 $ 33.68 NP-15 (P, Mar-02) 10,400 0 $ 32.50 Palo (P, Custom) 10,000 0 $ 24.10 Palo (P, Next Day) 11,600 0 $ 22.22 Palo (OP, Next Day) 1,800 0 $ 12.42 Palo (P, Bal Month) 83,200 5,200 $ 23.02 Palo (OP, Dec-01) 25,800 0 $ 19.25 Palo (P, Dec-01) 90,000 10,000 $ 28.07 Palo (P, Jan-02) 10,400 0 $ 30.20 Palo (P, Feb-02) 19,200 0 $ 29.63 Palo (P, Apr-02) 10,400 0 $ 31.20 Palo (P, Jul-02) 10,400 0 $ 55.50 Palo (P, Aug-02) 10,800 0 $ 61.30 Palo (P, Sep-02) 38,400 0 $ 47.49 Palo (P, Q1 02) 60,800 0 $ 30.05 Palo (P, Q3 02) 30,800 0 $ 55.00 Palo (P, Q4 02) 30,800 0 $ 36.80 SP-15 (HE 1200) 25 0 $ 26.50 SP-15 (HE 1300) 25 0 $ 25.25 SP-15 (HE 1400) 25 0 $ 25.25 SP-15 (HE 1500) 25 0 $ 25.25 SP-15 (HE 1600) 25 0 $ 25.25 SP-15 (OP, Next Day) 2,200 0 $ 18.27 SP-15 (P, Next Day) 6,800 400 $ 25.93 SP-15 (P, Bal Month) 36,400 0 $ 26.20 SP-15 (P, Dec-01) 20,000 0 $ 32.75 SP-15 (P, Jan-02) 20,800 10,400 $ 32.75 SP-15 (P, Q1 02) 60,800 0 $ 32.58 Grand Total 1,143,525 36,200 $ 1,488.76
We need to keep this for Jackson. PL ---------------------- Forwarded by Phillip M Love/HOU/ECT on 02/16/2001 08:22 AM --------------------------- "Jason Dobbs" <[email protected]> on 02/15/2001 08:43:06 PM To: <[email protected]>, "tyson davis" <[email protected]>, "Rick Duboise" <[email protected]>, "phil love" <[email protected]>, "Paulk, Ray" <[email protected]>, "Louis Bowen" <[email protected]>, "Lee Mobley" <[email protected]>, "Jim Wood" <[email protected]>, "frank bori" <[email protected]>, <[email protected]>, "Chris Myrick" <[email protected]>, "chris chambless" <[email protected]>, "Caleb" <[email protected]>, "Boo Boo" <[email protected]>, "Bill Sanders" <[email protected]>, "Ashley Myrick" <[email protected]>, "Amy Franks" <[email protected]> cc: Subject: Fw: The Paul Harvey Philosophy ? ----- Original Message ----- From: Tony Autrey To: Tex Johnson ; Scott Reese ; regina hooper ; Jason Dobbs ; Dozier, Jamie ; David Tomita NW BG<KY ; Dave Owen ; Darrell and Amy Franks Sent: Friday, February 02, 2001 9:01 PM Subject: Fw: The Paul Harvey Philosophy ? ----- Original Message ----- From: Mike Dodd To: Wesley & Jan McNeill ; Wendell Dodd ; Wendell & Julie Franks ; Wendall McCollum ; Weldon Watson ; Wayne Farris ; Vicki Monroe ; Tracy Estes ; Tommy Strickland ; Tim Lacey ; Tim Bradford ; Tim Boozer ; Tim Beckett ; Tim & Dannielle Roberts ; Terry & Andrea Samuels ; Tex Johnson ; Steve Fair ; sherrie behel ; Sam Wiggins ; Sam Richardson ; Russ Wilson ; Roy Filyaw ; Rita Wilson ; Ricky Spiller ; Rick Walker ; Rhonda (wk) Taylor ; Randy Webster ; Randy and Bella Garner ; Quanna Fuqua ; Phil Guin ; Phillip Harrod @ hm ; Paul Tyler ; Pat McGaha ; Pat Creel ; Neil Mentz ; Natalie Maddox ; Mike Fennel ; Melissa Burgess ; Melissa (Carothers) Beard ; Mary Mullis Graves ; Mark Mordecai ; mark gran ; Lori K. Taylor ; Margaret Dodd ; M P Hughes ; Lizzie Duff ; Laurie Martin ; Larry Hood ; Kitty Brasher ; Kip Faught ; KEVIN L. HOOD ; Kevin Bradford ; Kelly Hunter ; KARLA ; Kacie Dodd ; John Landers ; John Garner ; Joel Spec ; Jim Dodd ; Jerry McGaha ; Jerry Henson ; Jeff Tesney ; Jeff Harber ; Jeff Hughes ; Jean Taylor ; Hannah Crump ; Heath & Pattie Nix ; Ginger Elliott ; Faye Guin ; Eddie & Debbie Posey ; Ed Howell ; Debbie Chaffin ; David Warren ; Deah & Joseph Webster ; Daryl & Stephanie Price ; David Stookey ; David Donavon ; Dale Hubbert ; Dale Dodd ; Cullen & Peggy Wood ; Chuck Mullins ; Christie King Ray ; Charles Burks ; Chad Cotton ; Butch Robinson ; Bull Langston ; Bones ; Brad ; Bobbie Burgess ; Bobby & Wendy Horton ; Bob & Jill Hawkins ; Billy Franks ; Bill Sager ; Annette ; Angela Ferraez Sent: Friday, February 02, 2001 7:41 AM Subject: The Paul Harvey Philosophy The Paul Harvey Philosophy These things I wish for each of you..... We tried so hard to make things better for our kids that we made them worse. For my grandchildren, I'd like better. I'd really like for them to know about hand-me down clothes and homemade ice cream and leftover meatloaf sandwiches. I really would. I hope you learn humility by being humiliated, and that you learn honesty by being cheated. I hope you learn to make your bed and mow the lawn and wash the car. And I really hope nobody gives you a brand new car when you are sixteen. It will be good if at least one time you can see puppies born and your old dog put to sleep. I hope you get a black eye fighting for something you believe in. I hope you have to share a bedroom with your younger brother. And it's all right if you have to draw a line down the middle of the room, but when he wants to crawl under the covers with you because he's scared, I hope you let him. When you want to see a movie and your little sister wants to tag along, I hope you'll let her. I hope you have to walk uphill to school with your friends and that you live in a town where you can do it safely. On rainy days when you have to catch a ride, I hope you don't ask your 'driver' to drop you two blocks away so you won't be seen riding with someone as uncool as your Mom. If you want a slingshot, I hope your Dad teaches you how to make one instead of buying one. I hope you learn to dig in the dirt and read books. When you learn to use computers, I hope you also learn to add and subtract in your head. I hope you get teased by your friends when you have your first crush on a girl, and when you talk back to your mother that you learn what Ivory soap tastes like. May you skin your knee climbing a mountain, burn your hand on a stove and stick your tongue on a frozen flagpole. I don't care if you try a beer once, but I hope you don't like it. And if a friend offers you dope or a joint, I hope you realize he is not your friend. I sure hope you make time to sit on a porch with your Grandma and go fishing with your Uncle. May you feel sorrow at a funeral and joy during the holidays. I hope your Mother punishes you when you throw a baseball through a neighbor's window and that she hugs you and kisses you at Christmas time when you give her a mold of your hand. These things I wish for you: tough times and disappointment, hard work and happiness. To me, it's the only way to appreciate life. Send this to all of your friends that mean the most to you but, don't send it back to whoever sent it to you. They have already read it and you don't need to show them that you are a good friend. They already know! "We secure our friends not by accepting favors but by doing them." Paul Harvey - "Good Day"!
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/23/2000 06:33 PM --------------------------- Traci Warner@ENRON COMMUNICATIONS on 05/23/2000 04:07:11 PM To: [email protected] cc: Vince J Kaminski/HOU/ECT@ECT Subject: Enron Broadband Services Dear Sheridan, Thank you for taking time to speak with Brad Nebergall, Vince Kaminski and myself regarding distance learning for the University of Texas Energy and Finance program. We enjoyed speaking with you regarding your plans for taking the classroom to the web and feel that there are numerous opportunities for Enron and UT to work together on this venture. As you requested, I am sending you additional information on the services that can be provided by Enron Broadband Services (EBS). EBS offers two distinct product offerings that could be provided to UT students. 1) EBS offers our customers a full spectrum of bandwidth services. This includes dark fiber, OCX-lambdas, DS3 and above circuits, and bandwidth management solutions. Our focus is to help the enterprise customer add value and flexibility to their bandwidth service needs with features such as bandwidth "on demand". EBS owns over 18,000 miles of fiber optic cable that provides EBS with an extensive network in the USA and Canada. 2) Enron offers a full turn-key streaming media service called e PowerTM MediaCast. This service can involve the entire management of the entire process from filming through encoding, hosting and streaming or to supply the specific services that a client could need. Each client would access their client's media through an URL embedded on the appropriate client website(s). The content can streamed live or stored to be played on-demand. EBS can deliver the streams at bit rates from 20kbps to 1Mbps or higher. There are no additional resources (hardware, software or human) required by a client to use our product. Our current customers has found the superior quality of e PowerTM MediaCast.has improved their ability to deliver a clear corporate philosophy and increase their customer retention. The e PowerTM MediaCast Network has a distributed server architecture supported by a private global fiber and satellite network (a pure Internet Protocol strategy) with embedded software intelligence that sets it apart from other network providers. The EBS e power TM private network has dedicated servers in over 200 cities in the USA and Canada. After the service is initiated, each client can access to reporting of the viewership statistics for your content on the EBS Intranet Site (www.epoweronline.com) that is updated on a daily basis. Each client is provided with a User ID and Password. EBS guarantees their customers a superior quality of service level. Our customers have found three major benefits. First, Enron stores our clients' content on our servers which reduces the strain on clients' central servers and Website. Second, Enron constantly monitors its clients' sites and updates its servers regularly to keep the data fresh. Finally, Enron sharply cuts the time it takes a viewer to receive our clients' content by delivering the media across Enron's private network and with the use of software (bandwidth operating system) that decides within milliseconds which Enron server can deliver the fastest. To do that Enron servers, which deliver our customer,s content, are located in over 200 cities in the US and Canada. This places your content close to the end user (typically, "one-hop" away), and allows up to 500,000 simultaneous viewers at any time. This enables high quality, rich media to be streamed without delay and congestion to an end user's desktop. In fact, Enron recently announced plans to install 18,000 of our media servers (Compaq and Sun) into our global Data Centers over a three year time period to extend our service domestically and internationally. We offer two internet sites to browse that demonstrates the true TV-like experience of the e PowerTM MediaCastexperience. 1) http://www.enron.net/mediacast a) User name and login ID are both - epower4. 2) http://www.enron.net/finance/srv_demo/enron/ms1250.html a) Once you are at this page called Today's Feature - click on the ACME TV and chose one of the channels b) Chose the speed of your video player (either REAL or WindowsMedia Player) c) Hit the play arrow button on the "Screen" that pops Finally, I estimate the cost per student to stream the course would be approximately $75.00. Please remember this price is for the streaming only, and is priced on a per MB delivered basis. In addition, there will be a flat monthly charge to administer the program. Production and encoding can be provided at an additional cost. Therefore, if the stream rates in my assumptions listed below change, our pricing will change slightly. As you will see the cost for the streaming would be a minimal and would not prohibit the students from taking the course on-line. I apologize that we do not have any example distance learning clips that we are able to share with you at this time. However, I would be happy to demonstrate our capabilities to you on your desktop, if you are interested. I look forward to discussing with you in greater detail how either of these services could be used to expand the reach of the University and its course offerings. I will contact your office at the beginning of next week to continue this discussion. If you would like to contact me prior to next week, please do not hesitate to call me at 713 853-3242. Sincerely, Traci Warner Director, Central Region Origination Enron Broadband Services Phone (713) 853-3242 Cell (713) 705-7201 Price Quote Assumptions: 100 Students enrolled 30 hours of course work per semester Encode at 4 rates - 28K, 56K, 100K, 300K # of students per viewing rate: 15% at 28K 40% at 56K 25% at 100K 20% at 300K
Enform expands Sun Micro partnership HOUSTON, Dec. 15 (LocalBusiness.com) -- Enform technology, a high-tech consultant, said it has expanded the company's strategic partnership with Sun Microsystems Inc. Privately held Enform said Palo Alto, Calif.-based Sun Microsystems (Nasdaq: SUNW) is letting the company employ its integrator technology called iForce eIntegrators, for use in creating Web applications and building back-end systems that connect to the site. Sun will help Enform build its service offerings and create custom consulting services, which will be jointly marketed. How much more business this will bring to Enform is not clear, and company officials today were not available to discuss the deal. Enform, which is run by John McNevin, a former partner at Ernst & Young, has grown quickly in its three-year existence. The Houston company helps businesses reinvent themselves by upgrading their systems or finding new technologies they need to remain competitive. Since its inception, Enform has apparently been profitable. It hasn't needed any venture capital to operate. The company has about 200 employees, with branch offices in Dallas and Austin, and expects to post sales of about $21 million this year. Enform recently told LocalBusiness.com that it expected to log about $100 million in sales next year, if the economy holds. Its client list includes Microsoft Corp., Engage Energy and Continental Airlines. ________________________________________________________ o Public MarchFirst Gets $150 Million from Francisco Partners CHICAGO -- MarchFirst, a publicly traded Internet services company, said that Francisco Partners, a private equity firm focused on investments in technology companies, has agreed to invest $150 million in the company in exchange for an eventual 32% equity stake. MarchFirst said it will use the new capital to focus on operations. The company assists business with services such as brand building. David M. Stanton and Neil M. Garfinkel, both of Francisco Partners, will join MarchFirst's board of directors, bringing the total to nine members. http://www.marchfirst.com/ _____________________________________________ o Aether Systems Buys RTS Wireless in $103 Million Deal OWINGS MILLS, Md. -- Aether Systems, a publicly traded provider of wireless data products and services, said it signed a definitive agreement to acquire RTS Wireless, a developer of software systems that connect the Internet to wireless devices. Aether will acquire RTS for a total of approximately $103 million, which includes $26 million in cash and 1.3 million shares stock, trading at $59.25. Aether will gain a team of 120 wireless engineers among RTS's 200 employees. RTS's investors include America Online and individuals. http://www.aethersystems.com / http://www.rtswireless.com/ _____________________________________________________- o E-Numerate Solutions Secures $9 Million in Round One MCLEAN, Va. -- e-Numerate Solutions, which provides technology that allows users to compare and analyze numerical data on the Web, said it has raised $9 million in its first round of funding led by Carlyle Venture Partners, which provided $3 million. Undisclosed individual investors also participated in the round. The company said it will use the funding to continue its expansion. http://www.e-numerate.com/ _____________________________________________ o Digital Broadband Cuts Staff Due To Faltering Funding Talks WALTHAM, Mass. -- Digital Broadband, which provides broadband communications services, said it would lay off "a substantial portion of its workforce." The company attributed the layoffs to "adverse market conditions and its inability to attract sufficient additional financing to fund its business plan." According to CNET'S News.com, the company will lay off 450 of its 526 employees, or 86% of its workforce. The company raised capital from THL, Alta Communications, BancBoston Ventures, and individual investors. http://www.digitalbroadband.com/ _____________________________________________ o E-Business Services Firm Bigstep.com Lays Off 34-Employees SAN FRANCISCO -- Bigstep.com, which provides small businesses with electronic business services, said it has laid-off 34 employees. Bigstep.com now has 110 employees. The company said the staff reduction will allow it to shift with market changes and remain a viable business. Employees received a severance package as compensation, the company said. Bigstep is backed by Worldview Technology Partners, InterWest Partners, Cardservice International, Compaq Computers, Office Depot, U.S. Venture Partners, Mayfield Fund, the Washington Post Company, Angel Investors LP, Partech International, Draper Richards, Argus Capital, Staenberg Private Capital, and undisclosed private investors. http://www.bigstep.com/ _____________________________________________ o Business Firm iReality Group Acquires Consulting Firm Semtor FORT LAUDERDALE, Fla. -- Hong Kong-based iReality Group, a business services firm, said it acquired the U.S. consulting firm Semtor for an undisclosed amount of stock. Semtor chairman and CEO Harold Gubnitsky said that Bloomberg and the Miami Herald listed the transaction at being valued between $70 million and $90 million, but he could not confirm that valuation. iReality Group will absorb Semtor and retain all of its employees. Both companies are backed by individual investors, and the new company may hold a round of mezzanine funding before seeking an IPO next year. http://www.irealitygroup.com/ http://www.semtor.com/ _____________________________________________
Mary Schoen Environmental Strategies Enron Corp 415.782.7803 (phone) 415.782.7854 (fax) -----Original Message----- From: Barnes, Lynnette Sent: Wednesday, November 07, 2001 7:22 AM To: Ferris, Frank; Hinrichs, Lance; Lawner, Leslie; Miller, Terri; Rishe, Frank; Ross, Derrick; Schoen, Mary; Snyder, Brad; Sullivan, Kathleen; Suttabustya, Buranit; Thome, Jennifer; Wininger, James; Boston, Roy; Landwehr, Susan M.; Lassere, Donald; Migden, Janine; Stroup, Kerry; Ader, Jeff; Bachmeier, Rick; Bernstein, Eitan; Bernstein, Mark; Bertin, Suzanne; Duda, Geoff; Galow, Gary; Hammond, Pearce; Jackson, Robert; Keene, Patrick; Kingerski, Harry; Kosnaski, Andrew; Meigs, Mark; Ogenyi, Gloria; Steffes, James D.; Covino, Susan; Magruder, Kathleen; Martha Duggan; Merola, Becky; Reichelderfer, Thomas; Sandherr, Cynthia Subject: NH agrees to clean air State, environmentalists, Public Service announce Clean Air agreement By MIKE RECHT Associated Press Writer Nov. 6, 2001 Associated Press Newswires Copyright 2001. The Associated Press. All Rights Reserved. CONCORD, N.H. (AP) - The state, environmentalists and Public Service Company of New Hampshire announced a compromise agreement Tuesday they say will cut air pollution. The plan would make New Hampshire the first state to pass legislation to reduce four major pollutants from fossil fuel-burning power plants, although Massachusetts and Connecticut have approved regulations on some of the gases. An attempt failed last spring to pass a more stringent bill that Public Service, a subsidiary of Berlin, Conn.-based Northeast Utilities, did not support or oppose. This agreement represents a version put together by environmentalists, the state and the utility. Ken Colburn, director of the Air Resource Division of the Department of Environmental Resources, said a compromise bill is better than no bill at all. "I'm not a believer in the jackpot theory of environmental progress," he said after the Statehouse news conference to announce the agreement. Rep. Jeb Bradley, chairman of the House Science, Technology and Energy Committee, acknowledged it is a "much smaller reduction proposal" than the earlier bill. But he said it is significant because it moves in the right direction. Gov. Jeanne Shaheen, who proposed last year's plan, said the amended Clean Power Act "is essential to the health of our citizens, the protection of our environment and our state's future economic success." Shaheen said the agreement means Public Service's three coal-burning plants in Bow, Portsmouth and Newington will have to reduce emissions of sulfur dioxide, the chief cause of acid rain; nitrogen oxide, which causes smog; carbon dioxide, which affects climate change, and eventually mercury, which threatens the health of humans and wildlife. Public Service president Gary Long said the agreement would cost the utility about $5 million annually, or less than 1 percent of a customer's average bill. Representatives of the Audubon Society, Society for the Protection of New Hampshire Forests, New Hampshire Lung Association, New Hampshire Lakes Association and others joined in applauding the agreement. Missing, however, was the Clean Water Coalition and the Public Interest Research Group, which panned the agreement. Steve Blackledge of PIRG said the bill does not require Public Service to reduce overall emissions, or to make on-site improvements to reduce emissions. "I still think we can get more, and need to get more in terms of real reductions," he said. Catherine Corkery of the New Hampshire Sierra Club, which is part of the Clean Power Coalition, said it was not asked to take part in the discussions on the bill, and Blackledge said PIRG also was not invited. However, Corkery said including carbon dioxide in the agreement "is awesome." "That sends a strong message on the federal level," she said. President Bush has delayed carbon dioxide cuts to allow further study of the economic consequences and global warming. Doug Bogen of Clean Water Action and the Clean Air Coalition, an ad hoc group of environmental and public health organizations, said the amended agreement doesn't go "nearly far enough. It doesn't require emission reductions, it allows unlimited trading of pollution credits." He predicted environmental groups and others will oppose the pact when the Legislature convenes. "We're hoping it can be made stronger and we are working with some legislators to do that, but obviously they have a lot of people supporting this," he said. Long said the less stringent amended bill "takes a more reasonable approach" to reducing mercury emissions, waiting to set a standard until more is known about it. It also retained the utility's ability to choose between cutting pollution from its own plants or buying "pollution credits" from other industries that can achieve more economical emission reductions. One of the complaints about the earlier credits was that they could be bought from companies so far away it would do no good for New Hampshire. Bradley said the measure also takes a slower approach on carbon dioxide controls and offers incentives for Public Service to buy pollution credits from other industries closer to New Hampshire. Blackledge still had problems with the credit buying. "The trading is so broad and gives so much leeway it will be far easier for the utility to trade than make on-site improvements," he said. Bradley said coal-burning plants are needed to provide diversity in energy supplies, and without the ability to buy pollution credits, Public Service could not continue to operate the plants. "What we've tried to do is cut a reasonable course, one that ensures the plants ... can continue to operate, but at the same time make environmental progress, and do it in a way that's cost-effective and maintains diversity of fuel resources." 713-853-9287 888-703-0309
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/19/2001 04:21 PM --------------------------- NW on Linux <[email protected]> on 04/16/2001 06:20:01 PM Please respond to Linux Help <[email protected]> To: [email protected] cc: Subject: Super-secret Linux NETWORK WORLD NEWSLETTER: PHIL HOCHMUTH on LINUX 04/16/01 - Today's focus: Super-secret Linux Dear Wincenty Kaminski, In this issue: * National Security Agency is bulletproofing the operating system * Links related to Linux * Featured reader resource * CAREER CORNER: Mission-critical opportunities with marketplace winners _______________________________________________________________ If a friend has forwarded this newsletter to you, why not sign-up for your own free copy? Visit http://www.nwwsubscribe.com/FOC162 for your own free subscription. _______________________________________________________________ Today's focus: Super-secret Linux By Phil Hochmuth Network Associates is teaming up with the National Security Agency, the government's top electronic cryptography and spying institution, to help the agency fine-tune its highly secure version of Linux. The goal is to create a version of Linux that is impervious to outside attacks. Security Enhanced Linux, or SELinux, is a project under development by the NSA to create a version of the operating system that is more secure than the commercial distributions of Linux available from software vendors and the open-source community. The PGP Security division of Network Associates is working with the NSA to modify the Linux source code so that applications running on a Linux server or PC have reduced access to a Linux machine's underlying operating system. The aim is to give Linux servers the ability to shirk off "buffer overrun" and "format string" attacks, which take advantage of loose ends in Linux applications to access a server's core operating system and shut it down. A Linux worm dubbed "Lion" was recently identified as using this method to hack Linux servers. NSA has worked with other software firms to shore up other weaknesses in the operating system. Secure Computing has worked on the SELinux project to add its Type Enforcement technology to SELinux. Type Enforcement protects the operating system and applications by segmenting them into security "domains" with specifications on what types of files can be accessed by each domain. (For example, this could be used to prevent access to a configuration file through an application, such as Apache Web server). NSA is also working with VMWare to come up with a more secure user permissions system for allowing users with different security access to work on the same server. The good news for Linux users who are not high-level NSA operatives is that SELinux will be released to the open-source community once finished. This means that commercial Linux vendors could include SELinux security enhancements in future releases, resulting in more bulletproof Linux Web and database servers in enterprises. _______________________________________________________________ To contact Phil Hochmuth: Phil Hochmuth is a staff writer for Network World, and a former systems integrator. You can reach him at mailto:[email protected]. _______________________________________________________________ RELATED LINKS Get the source code for SELinux http://www.nsa.gov/selinux/src-disclaim.html Check out a site with Linux security tools and tips http://www.linuxsecurity.com PGP working with NSA on Linux security prototype - Network World, 04/16/01 http://www.nwfusion.com/news/2001/0416apps.html Breaking Linux news from Network World and around the 'Net, updated daily: http://www.nwfusion.com/topics/linux.html Archive of the Linux newsletter: http://www.nwfusion.com/newsletters/linux/index.html ______________________________________________________________ FEATURED READER RESOURCE Buyer's Guides Researching for a purchase? Check out Network World Fusion's Buyer's Guides. Whether you're researching VPN products or SAN switches or wireless LAN gear, these guides provide reviews and compare vendors head to head. See the list of guides at: http://www.nwfusion.com/research/bg.html _______________________________________________________________ CAREER CORNER presented by http://www.ITcareers.com LINUX TALENT IN DEMAND Technology business trends are shifting, but job creation is still high. Register with LeadersOnline and let our web-based recruiting service bring exceptional Linux opportunities your way. With positions ranging from $75-200K, we work with the best companies on their mission-critical jobs. LeadersOnline is just what you'd expect from Heidrick & Struggles, the world's leading executive search firm. It takes just 10 minutes to register and our service is free and confidential. http://ad.doubleclick.net/clk;2712563;5704255;f _______________________________________________________________ SUBSCRIPTION SERVICES To subscribe or unsubscribe to any Network World e-mail newsletters, go to: http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp To unsubscribe from promotional e-mail go to: http://www.nwwsubscribe.com/ep To change your e-mail address, go to: http://www.nwwsubscribe.com/news/scripts/changeemail.asp Subscription questions? Contact Customer Service by replying to this message. Have editorial comments? Write Jeff Caruso, Newsletter Editor, at: mailto:[email protected] For advertising information, write Jamie Kalbach, Fusion Sales Manager, at: mailto:[email protected] Copyright Network World, Inc., 2001 ------------------------ This message was sent to: [email protected]
OK, it seems like everyone is making up for lost time tonight. Go home! Kimzey, let's go drink! -----Original Message----- From: Andrew Slocum [mailto:[email protected]] Sent: Monday, June 05, 2000 10:49 PM To: 'Kimzey, Bryan'; 'Mark A. Junell'; Andrew Slocum; 'Nicholas Johnston-Advisory'; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; Ben Rogers (E-mail) Subject: RE: Many thanks to Miquel Kimzey, you did alright my man! -----Original Message----- From: Kimzey, Bryan [mailto:[email protected]] Sent: Monday, June 05, 2000 9:38 PM To: 'Mark A. Junell'; Andrew Slocum; 'Nicholas Johnston-Advisory'; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; Ben Rogers (E-mail) Subject: RE: Many thanks to Miquel What the hell happened this weekend? All I can say right now is thank you to everybody who showed up and made this weekend one of the most fun memories ever. And thanks to Miguel and Blake again for organizing everything; I couldn't have done it without y'all. Once I can put more full sentences together, I'll write more. Thanks again. - Bryan ps If anybody has seen my Carolina shirt, my cell phone charger, my American Express card and/or my voice, please bring them to my wedding, too. > -----Original Message----- > From: Mark A. Junell [SMTP:[email protected]] > Sent: Monday, June 05, 2000 10:22 PM > To: Andrew Slocum; 'Nicholas Johnston-Advisory'; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; [email protected]; [email protected] > Subject: RE: Many thanks to Miquel > > Yea thanks Miguel. I feel like dog sh*t. > > -----Original Message----- > From: Andrew Slocum [mailto:[email protected]] > Sent: Monday, June 05, 2000 7:13 AM > To: 'Nicholas Johnston-Advisory'; [email protected]; > [email protected]; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; Andrew Slocum; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; [email protected]; [email protected] > Subject: RE: Many thanks to Miquel > > > If you remember, please bring the elvis sunglasses to Kimzey's wedding. I > second the motion to Miguel. Wexler did a remarkable show yesterday > evening, which included a lot of big easy chatter. > > Out > > -----Original Message----- > From: Nicholas Johnston-Advisory [mailto:[email protected]] > Sent: Monday, June 05, 2000 6:46 AM > To: [email protected]; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; [email protected]; > [email protected]; [email protected]; [email protected]; > [email protected]; [email protected]; > [email protected]; [email protected]; [email protected] > Subject: Many thanks to Miquel > > > Great weekend - thanks to Miquel for getting us all there and hopefully > Kimzey > will now not miss the wonders of bachelorhood too much. > > Found a camera - digital one in 317 - also have the elvis sun glasses - if > the > rightful owner would like to step forward - and yes we know who you are. > > Cheers > Nick > > > > This communication is for informational purposes only. It is not intended > as > an offer or solicitation for the purchase or sale of any financial > instrument > or as an official confirmation of any transaction. All market prices, data > and other information are not warranted as to completeness or accuracy and > are subject to change without notice. Any comments or statements made > herein > do not necessarily reflect those of J.P. Morgan & Co. Incorporated, its > subsidiaries and affiliates. > This message is for the named person's use only. It may contain confidential, proprietary or legally privileged information. No confidentiality or privilege is waived or lost by any mistransmission. If you receive this message in error, please immediately delete it and all copies of it from your system, destroy any hard copies of it and notify the sender. You must not, directly or indirectly, use, disclose, distribute, print, or copy any part of this message if you are not the intended recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve the right to monitor all e-mail communications through its networks. Any views expressed in this message are those of the individual sender, except where the message states otherwise and the sender is authorised to state them to be the views of any such entity. ================================================================== De informatie opgenomen in dit bericht kan vertrouwelijk zijn en is uitsluitend bestemd voor de geadresseerde. Indien u dit bericht onterecht ontvangt wordt u verzocht de inhoud niet te gebruiken en de afzender direct te informeren door het bericht te retourneren. ================================================================== The information contained in this message may be confidential and is intended to be exclusively for the addressee. 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I spoke with Gary Chapman regarding the fee. He references Section 6.5 of the Agreement which says "ECS will pay Dow a brining fee of twenty cents ($0.20) per ton (2,000 pounds) of salt removed from the ESC well ...... We need to come up with the legal arguement linking it to bbls of capacity created, as the language of the agreement bases the fee on the amount of salt removed. He said the $167,000 estimate came from using the Sonar measurement to determine the amount of salt removed. Lets talk Monday. Brian -----Original Message----- From: Zisman, Stuart Sent: Friday, January 11, 2002 1:10 PM To: Nemec, Gerald; McMichael Jr., Ed; Parks, Joe Cc: Redmond, Brian; Hodge, Jeffrey T. Subject: RE: Bridgeline Meeting and the Second of my 10 daily emails Please see the attached for various suggestions - action items (in red) -----Original Message----- From: Nemec, Gerald Sent: Friday, January 11, 2002 12:18 PM To: Zisman, Stuart; McMichael Jr., Ed Cc: Redmond, Brian; Parks, Joe; Hodge, Jeffrey T. Subject: RE: Bridgeline Meeting and the First of my 10 daily emails I visited with John Higgins, Bridgeline's attorney and discussed the warehouseman's lien. I pointed out the Section 542 of the bankruptcy code requires them to turn over property of the estate and our position is they don't have a valid lien. I also indicated they were opening themselves up to damages for violation of the bankrupcty stay. John indicated that since this issue (whether Article 7 of the UCC applies to natural gas storage) would be a case of first impression they would be willing to litigate considering the amounts involved. Summary - They are not willing to release the gas. They are willing to release gas in excess of the amounts we owe to them, but only if stipulated that they are not waving their rights to assert the warehouseman's lien . At this point it is probably better to get some gas and then decide whether to litigate the remainder. Thoughts? [Zisman, Stuart] This sounds like the right way to go. Joe Parks should visit with the appropriate person at Bridgeline to figure out how much gas they are willing to release and try to get it sold. Stuart, the answers to your questions are inserted below. -----Original Message----- From: Zisman, Stuart Sent: Friday, January 11, 2002 11:02 AM To: Nemec, Gerald Cc: Redmond, Brian; Parks, Joe Subject: Bridgeline Meeting and the First of my 10 daily emails I think we need to crystallize, in very short order, what the approval process [Zisman, Stuart] Gerald when you are able to figure out what must be done please advise. will be for the sale of the Pad Gas in Storage Caverns #13/#14 to Bridgeline. I will send you via fax the proposed deal sheet. Several interesting points from the meeting: 1) Bridgeline is of the view that 3/12/2002 (we thought it was 4/402) is the last day on which they are obligated to reimburse Enron for the Dow Lease - Any thoughts? Who is right?; The contract states that they are obligated to reimburse through the earlier of July 1, 2002 or 114 days following the 4 BCF Date. The 4 BCF date is defined at the day of the last Enron Pad Gas Payment. The last Pad Gas Payment (for the month of November) was due on 12/10/01. Thus, the 114 days should run from 12/10/01, which puts right around 4/4/02. [Zisman, Stuart] The Bridgeline folks said something about an August date and then adding 110 days to that and then adding 114 days to that. Does that make any sense to you? 2) Their plan (assuming our deal goes through) is to amend and assume the existing lease - and get Dow to expressly release LRCI from any and all claims/liabilities/etc. following Bridgeline's assumption of the amended lease; This approach sounds reasonable. 3) Bridgeline indicated that Dow is of the opinion that approximately $167k is owed by Enron for dewatering brine removal fees ($0.20 per ton of salt removed) - I need your help to determine whether this is accurate; I don't see any basis for this in the agreement. The $0.20 per ton of salt removed fee, refers to barrels of capacity being created in the Cavern #1. This is related to the leaching operation. If the fee is related to the leaching operation, then they might be correct. (Accounting would need to verify their numbers though). If they are seeking a fee for brine removal during degassing, I don't think they have a basis for this fee. We need to understand their basis for the claim. [Zisman, Stuart] Brian would you please call Gary to find out what this is all about? 4) Bridgeline is desirous of having Cavern #1 (along with the various rights-of-way) conveyed sooner rather than later (and wondered whether we could expedite the approval process on this part of the deal). I don't know what the advantages/disadvantages there are to this but would love your input along with your thoughts on whether this is feasible or not; We have until July 1, 2002 to convey the Cavern #1. To the extent we wanted to wait to wrap up all our issues and convey at that time, we are not harmed under the Partnership agreement. Obviously we retain any risks associated with ownership of the cavern. [Zisman, Stuart] Is there any downside to doing it early? Might we lose negotiating leverage? If not, we should consider trying to do this as a good faith gesture. 5) We indicated that we thought the approval process would take approximately 30 days from the day that we reached what we believed were mutually agreeable terms with Bridgeline (does this sound right?) - The goal is to be done no later than March 1, 2002; and I think this sounds reasonable. 6) Eric Booth is going to call Robert Morgan to get the support for the $550k of expenses relating to the dewatering line and the flowline. Stuart
See the attached Contract Status matrix. All of the proposed agreements in the top half of the matrix also have been blessed, as have the Secondary Agreements.. ----- Forwarded by Barton Clark/HOU/ECT on 02/22/2001 12:19 PM ----- Barton Clark 02/21/2001 08:48 PM To: [email protected], [email protected] cc: Subject: Stone and Webster/Black & Veatch/Other Development Agreements FYI, attached are the forms of design and engineering contracts for the Ft.Pierce project. The Technical Design Services Agreement will be cloned - one for the Facility improvements and one for the King Plant improvements, and the Black & Veatch agreement relates to design of the transmission upgrades. The two Technical Design Services Agreements ( with Stone and Webster ) will be amended and restated to be full blown Turbo Park compliant EPC contracts ( covering procurement and construction, as well as design ) with Stone and Webster ( assuming its estimate and delivery date are acceptable), at the time the project goes into Turbo Park. The Black & Veatch agreement will not be bifurcated, as Black & Veatch will not be the EPC contractor, but we will expect the EPC contractor for the transmission improvements to warrant the work. One issue we have is how to get Black & Veatch to give a Turbo Park compliant transmission improvements design warranty, but we may be able to get the EPC contractor to warrant the design and the improvements ( Turbo Park did not raise this issue, but it may in the future, so we need to be thinking about that ). The Black & Veatch agreement also may be assigned to FPUA, along with the transmission upgrades EPC contract, as FPUA will own the transmission improvements and supervise their construction. The reason for bifurcating the agreements is to allow work on "soft cost" items to proceed now - as required to keep the project on schedule - until we can close the deal with FPUA/FMPA and get into Turbo Park, where the "hard cost" procurement and construction expenditures can be made without putting the project on balance sheet. I'll forward the form Turbo Park EPC Contract under separate cover. Sorry about the late deliveries, but maybe you will be able to pick these up in the am. ----- Forwarded by Barton Clark/HOU/ECT on 02/21/2001 08:37 PM ----- Barton Clark 02/08/2001 04:43 PM To: David Fairley/HOU/ECT@ECT, Mathew Gimble/HOU/ECT@ECT, Bruce Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Darrell Stovall/NA/Enron@Enron, George McCormick/HOU/ECT@ECT cc: Lisa Bills/Enron@EnronXGate, Catherine Clark/Enron@EnronXGate, Roseann Engeldorf/Corp/Enron@ENRON, Herman Manis/Corp/Enron@ENRON Subject: Stone and Webster/Black & Veatch/Other Development Agreements Attached are Turbo Park and accounting "approved" forms of the Technical Design Services Agreement between FPRP and Stone & Webster ( TDSA) and the Agreement for Professional Engineering Services between FPRP and Black & Veatch ( B&V Agreement). Each form has to now be fashioned to reflect the business deal/payment terms/etc. Note that the Scope of Work on the TDSA underwent substantial modification to conform with 97-10 requirements, and the attached draft Scope of Work only deals with the Facility ( as defined in the TDSA ), and not the "improvements" ( which term was included in the draft Tasking Letter from which the Scope of Work was fashioned).I assume we will need to "clone" this TDSA except for a different Scope of Work description to deal with such "improvements" other than the Facility ( ie, I assume these are the King Plant improvements). The TDSA is calculated to put as much of the Turbo Park-approved EPC in front of Stone & Webster at the earliest possible date, so that the amendment and restatement of the TDSA to make it a full blown Turbo Park EPC Contract will be more straightforward. Right now, it is contemplated FPRP would assign its interests as Construction Manager under the TDSA to ENA, and the TDSA would be concurrently amended and restated as set forth above, both at the time the FPRP goes into Phase II of Turbo Park. At the time FPRP goes into Phase I of Turbo Park, I believe the TDSA can remain an FPRP obligation ( like any other development agreement signed by a project entity that is subsequently transferred into Turbo Park). Since the TDSA now only involves soft cost expenditures, FPRP can sign it as soon as it is negotiated and agreed by Stone & Webster and before it goes into Phase I of Turbo Park. The B& V Agreement, which was modeled on Black & Veatch's agreement with FPUA, also can be signed prior to going into Phase I as soon as it is negotiated with Black & Veatch. Like the TDSA, there are commercial terms that need to be added. It was modeled on the FPUA Black & Veatch Agreement because that should speed negotiation with B & V on its terms, and we may want to assign the B & V Agreement to FPUA ( and they too would be comfortable with its terms). My understanding is that FPUA is supervising the transmission work and will be driving the design and engineering of the transmission facilities, so it may make sense for FPRP to assign the B & V Agreement to FPUA and simply retain the obligation to pay B & V ( up to a cap). I also have attached a revised version of the spreadsheet Mathew prepared listing FPRP contracts already entered into by FPRP ( the so-called secondary development agreements) and those proposed to be entered into before we go into Phase I of Turbo Park. Herman and Lisa, let me know which of the secondary agreements you have not previously reviewed ( those marked NO re your review ) that you need to review, and I will endeavor to furnish them to you. Let me know if you have any questions.
Suggested changes are highlighted below. John Sherriff@ECT 04/24/2001 12:55 AM To: (713) 529-7757, Ken Rice/Enron Communications, Kevin Hannon/Enron Communications, Mark Frevert/NA/Enron, Greg Whalley/HOU/ECT, Mike McConnell/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Joseph P Hirl/AP/ENRON@ENRON, Jeremy Thirsk/AP/Enron@ENRON, Morten E Pettersen/AP/Enron@Enron, Nicholas O'Day/AP/Enron@Enron, Jackie Gentle/LON/ECT, Richard Shapiro/NA/Enron@Enron, Jeffrey McMahon/HOU/ECT, Jeffrey A Shankman/Enron@EnronXGate, Raymond Bowen/enron@enronxgate, Joe Gold/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT, Jeff Kinneman/HOU/ECT, Rebecca McDonald/ENRON_DEVELOPMENT, Carey Sloan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brian Stanley/EU/Enron, Michael R Brown/LON/ECT, Mark Evans/Legal/LON/ECT, Fernley Dyson/LON/ECT, Ted Murphy/LON/ECT@ECT, Rick Buy/HOU/ECT, Richard Causey/Corp/Enron, Mark E Haedicke/HOU/ECT@ECT, Drew C Lynch/LON/ECT, David Oxley/HOU/ECT@ECT, John J Lavorato/Enron@EnronXGate, [email protected] cc: Subject: Draft Organizational Announcement about Japan May I please have your comments if any on this draft by close of business Wednesday. We hope to have agreed on the Q&A's by then and to send it out the announcement on Thursday. John To be sent to: All Enron Europe, all employees in Japan, all Global Markets and all VPs and up around the company Enron has established several wholesale businesses in Japan in the last year including Metals, Power Plant Development (via our investment in EnCom), Coal, LNG & Weather. We see significant opportunities in each of these businesses and we will continue to expand our presence in Japan in order to capture these opportunities. However, while Japan continues to make progress towards a liberalized electricity market, significant barriers to power trading remain under the current interim market structure. Until further tangible steps are taken to improve third party access for electricity in Japan, we will suspend our power marketing efforts and focus on the significant opportunities that currently exist in our other wholesale businesses. [Any statement regarding our existing power sales commitment?] Once the necessary regulatory changes have been completed we expect to aggressively pursue Enron's traditional position as the leading buyer and seller of electricity in every deregulated market. We are making a number of organization changes in order to better align our resources with the opportunities in the Japanese market. [deleted text] Joe Hirl our President of Enron Japan will move to the Global Markets group and lead a team that will focus on developing all our Global Markets opportunities in Japan especially Weather, Oil, LNG, Coal, and Shipping. We expect to continue our general recruiting of Japanese nationals and as President of Enron Japan, Joe will continue to provide the overall business leadership to both recruiting and the Analyst and Associate program in Japan. The Finance origination team headed by Jeremy Thirsk will continue to report to Joe and also move to Global Markets. Our power trading group led by Morton Erik Pettersen will transition into other roles around Enron. The Equity/FX/Interest rate team which is a part of Global Markets has two employees in the Tokyo office today and they expect to expand their efforts throughout the year. The EnCom group, which is our power plant development business (with minority partners) and headed by Carey Sloan will continue its efforts in developing power plants in Japan. We are pleased with the progress we are making on a number of sites and EnCom will continue to report to the Enron Europe Office of the Chairman. Our Metals team headed by Kazunari Sugimoto will continue to report through Enron Metals in London. By May we expect Enron Credit to have two to three employees in Tokyo pursing the Credit Derivative business. These employees remain in Enron Credit , a part of Enron Europe. EBS has two employees headed by Jim Weisser and this team expects to expand by year end. The Industrial Markets team also expects to have two employees in the Tokyo office in the next couple of months. In the last seven months the commercial support services for Japan have been transitioned to London for support and this is not changing. Jane McBride heads the legal team and will continue to functionally report to Mark Evans, General Counsel in London. The RAC function will continue to report to Ted Murphy, head of RAC for Enron Europe. The Risk Management and Accounting team is headed by Jan-Erland Bekeng will continue to functionally report to Fernley Dyson in London. The IT, HR, Tax and real estate teams will also continue to functionally report to London. Nick O'Day who heads the Public Affairs group (Government & Regulatory Affairs and the Public Relations) in Japan will report to the Enron Europe Office of the Chair with a Public Relations functional reporting to Jackie Gentle in London and a Government Affairs functional reporting to Rick Shapiro in Houston. We anticipate that his team's efforts will be primarily directed to supporting the EnCom power plant development team but they will also continue to provide support for Global Markets, EBS & Industrial Markets. We have already made considerable progress in breaking into the Japanese markets across a wide range of Enron businesses and we anticipate that this will provide significant profit growth for years to come. Through these current changes we can demonstrate our ability to be flexible and target our resources where they will realise the most immediate value for the company.
November 30, 2001 Notice No. 01-410 TO: NYMEX DIVISION MEMBERS AND MEMBER FIRMS NYMEX DIVISION CLEARING MEMBERS FROM: J. Robert Collins, Jr., President SUBJECT: NEW TEMPORARY NYMEX RULE: EXCHANGE OF OTC ENERGY OPTIONS FOR NYMEX ENERGY OPTIONS ____________________________________________________________________________ _____ Yesterday, the Exchange distributed Notice to Members No. 01-409, which summarized a new temporary procedure going into effect today that permits the exchange of OTC energy options for NYMEX energy options (EOO). As an informational follow-up to yesterday's notice, this notice includes the text of the new temporary EOO rule. NEW TEMPORARY NYMEX RULE 6.21E Rule 6.21E. EXCHANGE OF OTC ENERGY OPTIONS FOR, OR IN CONNECTION WITH NYMEX ENERGY OPTIONS (Temporary Rule) (A) (1) An exchange of Exchange energy options for, or in connection with, an over-the counter ("OTC") energy options product (or an OTC product with similar characteristics) (hereafter an exchange of options for options or "EOO") consists of two discrete, but related, transactions; an OTC options transaction and an Exchange options transaction. At the time such transaction is effected, the buyer and seller of the Exchange options must be, respectively, the seller and the buyer of the OTC options. The OTC options component shall involve the commodity underlying the related futures contract to the Exchange options contract (or a derivative, by-product or related product of such commodity). The quantity covered by the OTC options must be approximately equivalent to the quantity covered by the Exchange options contracts. This temporary rule shall terminate thirty (30) days following the effective date of the implementation of the rule. (2) Restriction on Eligible Contracts. EOO transactions may be effected for transactions in any of the Exchange's energy options contracts. (3) Restriction on Transactions. An EOO that establishes a NYMEX options position for both buyer and seller shall not be permitted on the first business day following the expired NYMEX contract. (B)(1) The report of an EOO transaction shall be given on the Floor of the Exchange during the hours of futures trading. (2) EOO transactions are permitted until trading terminates on the last day of trading in the applicable expiring options contract month. C) A report of such EOO transaction shall be submitted to the Exchange by each Clearing Member representing the buyer and/or seller. Such report shall identify the EOO as made under this Rule and shall contain the following information: a statement that the OTC options component of the EOO complied with any applicable CFTC regulatory requirements at the time the EOO was entered into between the buyer and seller, a statement that the EOO has resulted or will result in a change of payments or other such change, the kind and quantity of the options, the price at which the options transaction is to be cleared, the names of the Clearing Members and customers and such other information as the Exchange may require. Such report (form) shall be submitted to the Compliance Department by 12:00 noon, no later than two (2) Exchange business days after the day of posting the EOO on the Floor of the Exchange. (D)(1) Each buyer and seller must satisfy the Exchange, at its request, that the transaction is a legitimate EOO transaction. Upon the request of the Exchange, all documentary evidence relating to the EOO, including relevant OTC documentation, shall be obtained by the Clearing Members from the buyer or seller and made available by the Clearing Members for examination by the Exchange. Additionally, if the buyer or seller is a Member/Member Firm, the Exchange may obtain the information directly from such person(s). (2) No EOO that is linked to or contingent upon entry into a second, offsetting OTC options transaction may be transacted at any time. (3) Failure by a buyer or seller, or its Clearing Member to satisfy the Exchange that an EOO transaction is bona fide shall subject such buyer or seller, if a Member/Member Firm, or the Clearing Member to disciplinary action. Such disciplinary action, depending on the gravity of the offense, may be deemed to be a major offense of the Exchange's rules. Further, if the buyer or seller is not a Member/Member Firm, the Exchange may conduct a hearing before the Business Conduct Committee to limit, condition or deny access to the market. (E) Each EOO transaction shall be posted by the Floor Members and cleared through the Exchange in accordance with normal procedures and by the Clearing Members involved. (F) All omnibus accounts and foreign brokers shall submit a signed EOO reporting agreement in the form prescribed by the Exchange to the Exchange?s Compliance Department. Such Agreement shall provide that any omnibus account or foreign broker identified by a Clearing Member (or another omnibus account or foreign broker) as the buyer or seller of an EOO pursuant to Rule 6.21A(C), shall supply the name of its customer and such other information as the Exchange may require. Such information shall be submitted to the Exchange?s Compliance Department by 12:00 noon no later than two (2) Exchange business days after the day of posting the EOO on the Floor of the Exchange. Failure by an omnibus account or foreign broker to submit either the agreement or the particular EOO information to the Exchange may result in a hearing by the Business Conduct Committee to limit, condition or deny access of such omnibus account or foreign broker to the market.
Dear Richard, As requested, please find hereinbelow the different sections of Law No. 25,188 of Public Ethics (PEL) and of our criminal code (CC) that could be in play in this matter. Please notice that we have recently discovered through our criminal lawyer the unpublished opinion of the Anticorruption Office dlivered at the enquiry of the Secretary of Communications. Some of the ideas therein expressed could benefit Mr. X in case than a specific investigation or challenge is made. We will work in a memo to illustrate on the matter. Section 13, PEL: It is incompatible with public office: a) to manage, administer, represent, sponsor, provide any advise, or, by any other means, render services to any person that negotiates or has a concession or is a supplier of the State or performs activities regulated by the same, so long as the relevant public office position has a direct competence with respect to the engagement, achievement, negotiation or control of such concessions, benefits or activities; b) to be a supplier, either on its behalf or on behalf of a third party, of any State body where the relevant person is an officer. Section 15, PEL: If at the moment of his appointment, the public officer is held to be within any of the incompatibilities mentioned in Section 13, he must: a) resign to such activities as a condition precedent to assuming the position. b) refrain himself from intervening, during the performance of his duties as an officer, in matters related to the persons with whom or issues in which he were connected with for the past three (3) years or where he has a corporate participation. In such circumstances, those acts could be considered null and void and generate the responsibility mentioned in section 17 of the abovementioned law that provides: Section 17, PEL: Notwithstanding the rights of any third party acting in good faith, in the event that the acts performed by the persons comprised in Section 1 are within the scope of Sections 13, 14 and 15, the same shall be absolutely invalid and void. In case of the issuance of an administrative act, such acts shall be absolutely invalid and void pursuant to the terms of Section 14 of law No. 19,549. The concession companies or other counter parties shall be severally liable for any damages caused to the State by these acts. Section 173, CC: Fraudulent administration Notwithstanding the general provision of the above-mentioned Section, the following shall be considered special cases of fraud and shall be subject to the penalties established therein[prison of one month to six years]: ...7) who, due to any applicable law, authority or legal act, is in charge of the management, administration or care of assets or economic interests belonging to a third party, with the purpose of seeking on its behalf or on behalf of a third party an illegal profit or of causing damage, infringes the duty of care, damaging the entrusted interests or illegitimately forces the owner of the same;... Section 256, CC: Passive Corruption The public officer who, on its behalf or through any third party, receives money or any other grant or accepts a direct or indirect promise, in order to act, delay the performance or omit to act with respect to anything related to his office, shall be punished with confinement or prison from one to six years and perpetual disqualification to hold a public position. Section 256 (bis), CC: Influence peddling Who, on its behalf or through any third party, asks for or receives money or any other grant or accepts a direct or indirect promise, in order to illegally influence a public officer so as to make the latter act, delay the performance or omit to act with respect to anything related to his office, shall be punished with confinement or prison from one to six years and life disqualification to hold a public position.. Section 258, CC: Active Corruption Who, direct or indirectly, grants or offers benefits seeking any of the behaviours referred in articles 256 and 256 (bis), first paragraph, shall be punished with prison from one to six years. If the grant was made or offered to obtain any of the referred behaviours by articles 256 bis, second paragraph and 257, the punishment will be of prison from two to six years. If it was a public officer, he will be punished with special disqualification from two to six years in the first case and from three to ten years in the second one. Section 258 (bis), CC: Influence peddling Who grants or offers to a public officer of another State, direct or indirectly, any value or other benefits as donations, favours, promises or advantages, in order to illegally influence him so as to make, as exchange, the latter act or omit to act with respect to anything related to his office related to any transaction of economic or commercial nature, shall be punished with confinement from one to six years and life disqualification to hold a public position. Section 268 (3), CC: Affidavit Omission or Falsification Who, under law and in view of its position, is required to file a patrimonial affidavit and maliciously omits to do so, shall be punished with prison from fifteen days to two years and perpetual disqualification. The violation shall be deemed such when, upon sufficient notification demanding compliance, the relevant person fails to comply with the requested obligations within the terms foreseen by applicable laws. The same penalty shall be applicable to anyone who maliciously falsifies or omits to include in the referred affidavits any data or information that is required to be included in accordance with any applicable law and regulations. Do not hesitate in contacting us should you need any further clarificaction. Best regards, Guido Santiago Tawil M. & M. Bomchil Suipacha 268, piso 12 (C1008AAF) Buenos Aires Argentina Tel (54 11) 4321 7500 Fax (54 11) 4321 7555 E-mail [email protected] www.bomchil.com.ar
uggggghhhh!!! what a complete and utter pr--k!! i am SO annoyed reading that story! so even aside from the evening with your parents (which approaches being understandable) he never was mature at all. i don't have anything insightful to add to this situation- he appeared so genuine and wonderful, but deep inside, he is a Californian....i have never been impressed with California men in general- too self important and unduly cocky. his loss completely, which you know. At least you have your plane ticket to London! I'm so excited for you- you world traveller! You should send out a bulk email update when you return so that all your friends and family stay informed on your exciting life....Some friends of mine from NYC who now live in SF are coming in town this weekend, and we're going to a benefit party at the Zoo. should be fun. i thought of you also because the symphony called and invited me to opening night of the Connoisseur Series- wish you were going to be here! Talk to you soon. And remember: beauty and grace is the best revenge! Julie At 03:16 PM 9/21/00 -0500, you wrote: >In an effort to save a little time I'm forwarding you the email I just sent >my friend Emily in London. Get back to me if you would like me to expound >on anything. Turns out he's a real jerk. > >Susan >---------------------- Forwarded by Susan M Scott/HOU/ECT on 09/21/2000 >03:14 PM --------------------------- > > >Susan M Scott >09/21/2000 02:38 PM > >To: [email protected] >cc: >Subject: We have closure! (well, sort-of) > >I'm soooo good. The chosen path was cool, indifference. > >So, last night was Steak Night and with Nick and Wilson both in town we had >a really good showing. I got there about 7:30 with Nick, and the group's >size swelled to about 12+ by 8:30 - 9:00. About 8:00 I saw Kevin (Ted's >pal - the one you meet a steak night) wandering around LW's obviously in >search of someone. Can you believe it? He (Ted) knew I had organized this >gathering - I know that because Nick is working right across from he and >Darren and overheard Darren encouraging Ted's attendance (mind you Ted was >not in the email distribution) - and he had the nerve to come. Anyway, >Kevin saw me and came over to chat. He informed me that "our friend Ted >should be there shortly" to which I responded, "You would know better than >me at this point". The subject was dropped until he felt the need to raise >it again. He asked if Ted and I parted on good terms/ bad terms, etc. I >said there really weren't any terms, I just hadn't heard a peep out of him >for about 2 weeks. Kevin wanted to know if I was going to break a bottle >over Ted's head and cause a big scene. When I said no, I think he was >genuinely disappointed. I said in order for me to do something like that I >would have to care about the "loss" and that, while a week or two earlier I >might have cared a bit more, with each passing day the "loss" seems less >and less like much of a loss. Kevin told me I was better-off without Ted. >To go even further, he informed me that there is no way he would ever let a >daughter of his date Ted nor any of his "girl-friends". He said that while >he thought Ted was a great guy (i.e. fun to be around, good stories, etc.) >he wasn't good dating material. I agreed with Kevin saying "Ted is a great >guy, he just makes a lousy man" (don't you like that one?). I then went on >to say "Anyway, I'm destined for bigger and better things, right?". Kevin: >"Much bigger and much better." About this time my parents showed up...the >plot thickens. I introduced Kevin to my parents and since both my Dad and >Kevin were in the Navy and attended Colorado they had much to talk about. >The two of them had probably been talking for about half an hour when >"dum-da-dum-dum" Ted shows up. He approaches our group because he sees >Kevin and is forced to make eye-contact with me. I give him a "hey" and he >gives me the arm squeeze and a much too pleasant "how's it going?". He >asked what Kevin and my Dad were talking about, I told him the Navy, he >said don't get Kevin started or you'll never shut him up...Then he walked >away. He never acknowledged my parents nor did he ever speak to me again >the rest of the evening. The beautiful thing is Kevin stays and talks with >my Dad for another half hour and when Darren shows up he hangs out with "my >group" for quite a while before going to join Ted. My parents and I ate >our steaks right behind Ted and then went back over to our group at the >picnic table when we were finished. It really was a great night. I would >almost say I was glowing (I was having so much fun with my friends and >family and it wasn't a show for Ted's benefit...I really was having a great >time). So, when my parents decide to head out they walked over to >Ted/Kevin's table to say good-bye to Kevin. It was awesome. Ted's sitting >right next to Kevin while Kevin and my Dad are talking and appears to be >actually shrinking in his chair. Yet again no acknowledgement of my >parents - he couldn't even make eye-contact. I ended up staying there for >at least another hour and then went with a few of the guys to the Ale >House. Needless to say I was very hung over today. Anyway, there's the >story...He's a complete and utter ass-hole. So I'm done. And no, there is >no way he could weasel his way back in to my good graces. > >Now on to a fun subject, my trip to London. I bought my ticket today ( I >think I got hosed a little bit, but it was the cheapest ticket I could find >- $450 before taxes). I will arrive at Heathrow airport around 7:00 a.m. >Friday the 6th and depart about 11:00 a.m. on Tuesday the 10th. I'm very >excited about the trip, I really need to get out of Houston. I leave the >activities in your capable hands. ( bear in mind I will have to see Darren >and Nick at some point). > >"Single again" Sue > >
---------------------- Forwarded by Darron C Giron/HOU/ECT on 10/25/2000 08:59 AM --------------------------- Dawn C Kenne 10/24/2000 10:31 AM To: Darron C Giron/HOU/ECT@ECT cc: Subject: Re: It could happen!!! Thought you would appreciate the "discussions" going on between Bass and Landry. ENJOY!!! ---------------------- Forwarded by Dawn C Kenne/HOU/ECT on 10/24/2000 10:33 AM --------------------------- Enron North America Corp. From: Eric Bass 10/24/2000 10:20 AM To: Chad Landry/HOU/ECT@ECT cc: Matthew Lenhart/HOU/ECT@ECT, Christopher Coffman/Corp/Enron@Enron, William Kelly/HOU/ECT@ECT, Kyle Etter/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Jeff Coates/HOU/ECT@ECT, William Keeney/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, John King/HOU/ECT@ECT, Luis Mena/NA/Enron@Enron, Lisa Gillette/HOU/ECT@ECT, Susan M Scott/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT, Benjamin Thomason/HOU/ECT@ECT, David Marks/HOU/ECT@ECT, Timothy Blanchard/HOU/EES@EES Subject: Re: It could happen!!! I guess you just summed up the difference between our two programs - at Texas we play for National Championships at LSU you play to make the Sharpie Independence bowl. Yes we were rated in the top 10 at the beginning of the year and yes we are rated #20 now. You forget that we are only half way through the season - we will be in the top 10 again before the year is out. Where will LSU be? Besides we weren't supossed to play in the Orange Bowl this year ( this is only Mack Brown's 3rd year), but anything less than the Rose Bowl nest year will be dissapointing. See you in Pasadena 2002 EPB Chad Landry 10/24/2000 10:07 AM To: Eric Bass/HOU/ECT@ECT cc: Matthew Lenhart/HOU/ECT@ECT, Christopher Coffman/Corp/Enron@Enron, William Kelly/HOU/ECT@ECT, Kyle Etter/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Jeff Coates/HOU/ECT@ECT, William Keeney/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, John King/HOU/ECT@ECT, Luis Mena/NA/Enron@Enron, Lisa Gillette/HOU/ECT@ECT, Susan M Scott/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT, Benjamin Thomason/HOU/ECT@ECT, David Marks/HOU/ECT@ECT, Timothy Blanchard/HOU/EES@EES Subject: Re: It could happen!!! Its all about expectations, my man! What was Texas Ranked at the beginning of the season???? I am waiting for CNNSI to come out with a poll on the most overrated team of the year---my guess---a pick'em b/w Alabama and Texas. Any time Texas is challenged they "you-know-what" their pants. CKL Enron North America Corp. From: Eric Bass 10/24/2000 09:53 AM To: Chad Landry/HOU/ECT@ECT cc: Matthew Lenhart/HOU/ECT@ECT, Christopher Coffman/Corp/Enron@Enron, William Kelly/HOU/ECT@ECT, Kyle Etter/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Jeff Coates/HOU/ECT@ECT, William Keeney/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, John King/HOU/ECT@ECT, Luis Mena/NA/Enron@Enron, [email protected] @ ENRON, Lisa Gillette/HOU/ECT@ECT, Susan M Scott/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT, Benjamin Thomason/HOU/ECT@ECT, David Marks/HOU/ECT@ECT, Timothy Blanchard/HOU/EES@EES Subject: Re: It could happen!!! Easy there Superfan! Remember, you still have to win 1 of your last 3 games, none of those are gimmes (see UAB). As far as bowls go, LSU to the Cotton Bowl? Come on, the Sharpie Independence Bowl is more likely (although UT will probably join you). In addition, a sweep would never happen if you were lucky enough to face UT - can you say better QB, RBs, WRs, and Defense. Besides, we have turned the corner after our embarrassing loss to OU (the #2 team in the country). I feel pretty good about our chances the rest of the way. Face it, the SEC is having a down year. It happens to all Conferences. It's just that this down year has enabled LSU a few chances to tear down the goalposts (and against the #11 team in the country - how sad is that). And far be it from me to defend the Aggies, but which school was the one to back out of that contract a few years back? See you in the Shreveport. Final Score UT - 58 LSU - 3 Chad Landry 10/24/2000 09:32 AM To: Eric Bass/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Christopher Coffman/Corp/Enron@Enron, William Kelly/HOU/ECT@ECT, Kyle Etter/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Jeff Coates/HOU/ECT@ECT, William Keeney/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, John King/HOU/ECT@ECT, Luis Mena/NA/Enron@Enron, [email protected] @ ENRON, Lisa Gillette/HOU/ECT@ECT, Susan M Scott/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT, Benjamin Thomason/HOU/ECT@ECT, David Marks/HOU/ECT@ECT cc: Subject: It could happen!!! There are some pretty interesting college football predictions flying around! After their incredible victory last Saturday night, some folks have LSU going to the Cotton Bowl this year. I would love to see LSU sweep UT this year in yet one more major college sport-------basketball (NCAA tournament), baseball (College World Series), and, yes, football in the Cotton Bowl this year. However, it would be just as sweet to wip up on our old football nemesis---The Aggies. Although I think the Tigers would have to be a little more careful, since the Aggies occasionally spice up their offense with a crazy "REEEEEEEE-Verse" play or maybe even a pass on first down. We can only hope that one of these situations occur! GEAUX TIGERS! http://www.geaux.com/sports/foot/news/001024bowls.htm CKL
Lauri There have been some fluctuations @ Dupont meter # 1266 - I believe Conoco transport is only business there - see below Is the transport set up to take these small swings? Lee From: Robert E Lloyd 08/21/2000 02:34 PM To: Lee L Papayoti/HOU/ECT@ECT cc: Gary A Hanks/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Sherlyn Schumack/HOU/ECT@ECT, Jackie Young/HOU/ECT@ECT Subject: Re: Meter #: 1266 ; August 2000 / Allocation Exception Conoco has nominated 5.0/d at this meter. Conoco transport can be allocated the entire meter flow for the days in which the meter flow exceed 5.0mm because they are the only party doing business at the meter. HPL may also be able to extract a sell for this overage which is why I wanted you to be aware of the daily activity thus far. ---------------------- Forwarded by Robert E Lloyd/HOU/ECT on 08/21/2000 01:57 PM --------------------------- From: Lee L Papayoti on 08/21/2000 01:44 PM To: Robert E Lloyd/HOU/ECT@ECT cc: Sherlyn Schumack/HOU/ECT@ECT, Anita Luong/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Gary A Hanks/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON Subject: Re: Meter #: 1266 ; August 2000 / Allocation Exception why are these volumes flowing? From: Robert E Lloyd 08/21/2000 01:36 PM To: Lee L Papayoti/HOU/ECT@ECT cc: Sherlyn Schumack/HOU/ECT@ECT, Anita Luong/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Gary A Hanks/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON Subject: Re: Meter #: 1266 ; August 2000 / Allocation Exception Should I roll this deal to cover August 2000 activity ? Volumes todate are as follows: 82mm 8/16 85mm 8/17 65mm 8/18 57mm 8/19 60mm 8/20 Sitara ticket #: 363514 These small meter flows are causing allocation exceptions for August. ---------------------- Forwarded by Robert E Lloyd/HOU/ECT on 08/21/2000 01:27 PM --------------------------- From: Robert E Lloyd 08/11/2000 03:17 PM To: Howard B Camp/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT cc: Pat Clynes/Corp/Enron@ENRON, Daren J Farmer/HOU/ECT@ECT Subject: Re: Meter #: 1266 ; July 2000 Activity / Allocation Exception fyi ---------------------- Forwarded by Robert E Lloyd/HOU/ECT on 08/11/2000 03:16 PM --------------------------- From: Robert E Lloyd on 08/11/2000 03:16 PM To: Lee L Papayoti/HOU/ECT@ECT cc: Subject: Re: Meter #: 1266 ; July 2000 Activity / Allocation Exception The volumes are as follows: July 1st 414 mmbtu July 31 12mmbtu Total : 426 mmbtu's Also, the Sitara deal # is : 363514 From: Lee L Papayoti on 08/11/2000 02:02 PM To: Robert E Lloyd/HOU/ECT@ECT cc: Howard B Camp/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON Subject: Re: Meter #: 1266 ; July 2000 Activity / Allocation Exception Please set up a ticket priced at Gas Daily Houston Ship Channel midpoint minus $0.03 Also, can you let me know the exact volumes in question on July 1 and July 31? Dorcheus wants to know. Me too. Thanks Lee To: Lee L Papayoti/HOU/ECT@ECT cc: Howard B Camp/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON Subject: Re: Meter #: 1266 ; July 2000 Activity / Allocation Exception Just a reminder that "allocation close" is Monday, August 14th. A Sitara ticket is needed to set up an Acctg. Arrangement which will eliminate the allocation exception for meter # 981266 {Victoria Station # 2/ Brandywine}. From: Lee L Papayoti on 08/09/2000 03:33 PM To: Robert E Lloyd/HOU/ECT@ECT cc: Subject: Re: Meter #: 1266 ; July 2000 Activity / Allocation Exception I'll get you a price tomorrow when I meet with him ... From: Robert E Lloyd 08/09/2000 12:50 PM To: Lee L Papayoti/HOU/ECT@ECT cc: Daren J Farmer/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Rita Wynne/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT Subject: Meter #: 1266 ; July 2000 Activity / Allocation Exception I spoke with Bob Dorcheus, Brandywine about this issue and he suggest you and he get together and agree on a price because the gas flowed into the plant. This gas flowed without a nomination. ---------------------- Forwarded by Robert E Lloyd/HOU/ECT on 08/09/2000 12:47 PM --------------------------- Enron North America Corp. From: Gary A Hanks 08/09/2000 11:27 AM To: Robert E Lloyd/HOU/ECT@ECT cc: Earl Tisdale/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Rita Wynne/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT Subject: Meter #: 1266 ; July 2000 Activity / Allocation Exception The volumes on meter #1266 for 7/1/00 and 7/31/00 are valid gas flow. 7/1/00 volumes are carry over from June activity (meter was shut in a little after 9:00 AM on 7/1/00). 7/31/00 volumes were caused by the plant bringing on the meter before 9:00 AM on 8/1/00. If you have any questions please call. 36449. Thanks Gary H ---------------------- Forwarded by Gary A Hanks/HOU/ECT on 08/09/2000 11:18 AM --------------------------- From: Robert E Lloyd 08/09/2000 11:17 AM To: Gary A Hanks/HOU/ECT@ECT, Earl Tisdale/HOU/ECT@ECT cc: Pat Clynes/Corp/Enron@ENRON, Rita Wynne/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT Subject: Meter #: 1266 ; July 2000 Activity / Allocation Exception Please verify the volume on Meter #: 1266 for July 1st & 31st are valid gas flow. Brandywine did not nominate any activity at this meter for July 2000.
That's fine. Patrice.L.Mims @enron.com To: [email protected] cc: 09/25/01 10:36 Subject: RE: Steve AM I'll probably be there at around 7:15 or earlier if I need to, what do you think about that time? -----Original Message----- From: [email protected]@ENRON [mailto:[email protected]] Sent: Tuesday, September 25, 2001 10:00 AM To: Mims, Patrice L. Subject: RE: Steve Hey girl! Sorry I didn't get a chance to call you last night. I was in bed by 9:30. Steve got home around 11:00 and didn't say a word to me. He turned on lights and made lots of noise, but said nothing. He slept upstairs in the game room last night, so evidentally, he goes in late today. He could've at least dressed and taken the kids to school, since I do it every morning, but he didn't. I can't worry about it. I'm so use to doing it all by myself anyway, so it really doesn't matter. What time will you be at rehearsal tonight? Maybe we can talk before then. Hope's number is (713) 207-7103. Talk to you later! Patrice.L.Mims @enron.com To: [email protected] cc: 09/25/01 09:30 Subject: RE: Steve AM Hey good morning, How did things go last night? I hope everything went well. I went to Lane Bryant and did not find anything, but at least it was fun looking. What is Hope's phone number. I'm anxious to see a picture of that dress, (it better not make me look fatter!). Write back when you have a chance. -----Original Message----- From: [email protected]@ENRON [mailto:[email protected]] Sent: Monday, September 24, 2001 11:14 AM To: Mims, Patrice L. Subject: RE: Steve Well, I wouldn't have anyone to take care of my kids. Siera has cheerleading practice from 6:30 - 7:45pm. Afterwards, it'll be homework. They got to bed late last night and were extremely tired this morning. I promised them they'd be in bed by 9 or 9:30 tonight. I'll see what I can do. Patrice.L.Mims @enron.com To: [email protected] cc: 09/24/01 10:23 Subject: RE: Steve AM Tasha, I'm so sorry to hear that things are getting hectic again. I definitely know what that feels like. Do you think we could get away without the kids for an hour or so this evening? Even if it's late..I need to see you and talk to you. I still need to check with Todd to see if he's working tonight or what, but let's see what we can find out! -----Original Message----- From: [email protected]@ENRON [mailto:[email protected]] Sent: Monday, September 24, 2001 9:52 AM To: Mims, Patrice L. Subject: Steve Well Patrice, things at home are starting to get hectic again. I really don't know what to do. Steve's being very disrespectful again. He has threatened to kill me in front of Siera and for the first time, I'm scared. I feel that I've desperately wanted a happy family, home, etc... so bad, and now that I have this home, I don't know if it was the right thing to do. I say this because I depleted almost all of my cash, and if he chooses not to contribute any $, I'll experience severe financial difficulties. This will push me to have to jump ship, just to get more money. I don't know if I can go through this anymore. I feel that staying with him has done more harm than good for me & the kids. I don't know what more he could want from me. I work, cook, clean, take care of him, the kids and what ever else. He has a pretty easy life, thanks to the things that I do to make sure of that. I'm afraid, and don't know what to do. Nytasha ********************************************************************** 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 [email protected] 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. **********************************************************************
------------------------------------------------------------------------------------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R May 11, 2001 5:00pm through May 14, 2001 12:00am ------------------------------------------------------------------------------------------------------ SCHEDULED SYSTEM OUTAGES: ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages ENRON NORTH AMERICAN LANS: Impact: EES Time: Sat 5/12/2001 at 1:00:00 PM CT thru Sat 5/12/2001 at 5:00:00 PM CT Sat 5/12/2001 at 11:00:00 AM PT thru Sat 5/12/2001 at 3:00:00 PM PT Sat 5/12/2001 at 7:00:00 PM London thru Sat 5/12/2001 at 11:00:00 PM London Outage: Move vlans for EES in Enron Building Environments Impacted: EES in Enron Building Purpose: Provide more capacity to the network Backout: paste in old configs Contact(s): Gail Kettenbrink 713-853-4524 Michael Huang 713-345-3201 FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. MESSAGING: No Scheduled Outages. MARKET DATA: No Scheduled Outages. NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER SYSTEMS: Impact: Corp, OTS, ETS DATE: MAY 15, 2001/2/2001 at 5:30:00 PM Outage: Migrate DSS Server to GTHOU-APPSQ03P Environments Impacted: DSS users will not be able to access the old server (ENEDS01_ADAPT)after this date Purpose: The existing server is outdated, migrating to SQL 2000 provides increased functionality and conforms to database platform requirements. Backout: Contact(s): Mary Vollmer 713-853-3381 Joe Hellsten 713-853-7346 713-545-4164 Impact: CORP Time: Fri 5/11/2001 at 8:00:00 PM CT thru Sat 5/12/2001 at 10:00:00 PM CT Fri 5/11/2001 at 6:00:00 PM PT thru Sat 5/12/2001 at 8:00:00 PM PT Sat 5/12/2001 at 2:00:00 AM London thru Sun 5/13/2001 at 4:00:00 AM London Outage: CPU replacement on server sennacca. Environments Impacted: RMS Purpose: Replace faulty CPU that is offline. Backout: Restore server to old configuration. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Fri 5/11/2001 at 5:00:00 PM CT thru Fri 5/11/2001 at 5:15:00 PM CT Fri 5/11/2001 at 3:00:00 PM PT thru Fri 5/11/2001 at 3:15:00 PM PT Fri 5/11/2001 at 11:00:00 PM London thru Fri 5/11/2001 at 11:15:00 PM London Outage: Decommission of the following servers: intra, intra-dev, conman1, aserv1, ardent, dbadmin Environments Impacted: Corp Purpose: Server no longer used. The servers will be decommissioned or redeployed where necessary. Backout: Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 5/12/2001 at 2:00:00 AM CT thru Sun 5/13/2001 at 5:00:00 PM CT Sat 5/12/2001 at 12:00:00 AM PT thru Sun 5/13/2001 at 3:00:00 PM PT Sat 5/12/2001 at 8:00:00 AM London thru Sun 5/13/2001 at 11:00:00 PM London Outage: Resource and OS upgrade to server fracture. Environments Impacted: Global company RMS ECM Purpose: An OS upgrade is needed to provide the disk upgrade solution. Additionanl memory is needed as well. Backout: Attach the old disk solution and reboot to old configuration. Contact(s): Malcolm Wells 713-345-3716 Impact: ENA Time: Sat 5/12/2001 at 10:00:00 PM CT thru Sat 5/12/2001 at 10:15:00 PM CT Sat 5/12/2001 at 8:00:00 PM PT thru Sat 5/12/2001 at 8:15:00 PM PT Sun 5/13/2001 at 4:00:00 AM London thru Sun 5/13/2001 at 4:15:00 AM London Outage: Bounce PWRPROD1 database Environments Impacted: Enpower User Purpose: Change some configuration to improve database performance Backout: Use the old parameter file. Contact(s): Tantra Invedy 713 853 4304 SITARA: No Scheduled Outages. SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: Impact: Time: Sat 5/12/2001 at 10:00:00 PM CT thru Sun 5/13/2001 at 1:00:00 AM CT Sat 5/12/2001 at 8:00:00 PM PT thru Sat 5/12/2001 at 11:00:00 PM PT Sun 5/13/2001 at 4:00:00 AM London thru Sun 5/13/2001 at 7:00:00 AM London Outage: Quarterly Maintenance - Telephone System Environments Impacted: All Purpose: Quarterly maintenance. While voicemail nodes are being serviced (one box at a time), a slight disruption will be experienced. Messages will continue to be stored but will not be delivered until each node of voicemail is back up and operational. CMS call center management reporting will not be availalble during this time. Backout: Contact(s): Cynthia Siniard 713-853-0558 TERMINAL SERVER: No Scheduled Outages. UNIFY: Impact: CORP Time: Fri 5/11/2001 at 6:00:00 PM CT thru Fri 5/11/2001 at 7:00:00 PM CT Fri 5/11/2001 at 4:00:00 PM PT thru Fri 5/11/2001 at 5:00:00 PM PT Sat 5/12/2001 at 12:00:00 AM London thru Sat 5/12/2001 at 1:00:00 AM London Outage: Memory replacement for server electron. Environments Impacted: Unify Users Purpose: Replace faulty memory module. Backout: Get new memory if necessary Restart server with out memory as last resort Contact(s): Malcolm Wells 713-345-3716 ----------------------------------------------------------------------------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797
<html> <head> <!--********************************************************************* What you are seeing is an HTML format E-mail from Energy Central In order for this service to function properly, you must be online and read your mail through an email client that supports HTML messages. If this service is not functioning properly you may switch to our text format which contains the same information. You can switch your format by visiting Energy Central's member services. Please follow this link: http://www.energycentral.com/sections/services/ Then click on E-mail Management. Or send an email to [email protected] with the subject "Change to text format". ************************************************************************--> <title>Full Text Access&nbsp; Now Available for Free</title> </head> <body bgcolor="#FFFFFF" text="#000000"> <div align="center"> <center> <table border="0" width="600" bgcolor="#003399" cellspacing="0" cellpadding="7"> <tr> <td width="100%"> <table border="0" width="100%" background="http://www.energycentral.com/images/promo/energycentral/freeback.jpg" bgcolor="#FFFFFF" cellspacing="0" cellpadding="6"> <tr> <td width="100%"> <table border="0" width="100%" cellspacing="0" cellpadding="7"> <tr> <td width="100%"> <p align="center"><font face="arial, tahoma, helvetice"><b><font size="5"><img border="0" src="http://www.energycentral.com/images/promo/energycentral/EClogotrans.gif" width="90" height="70" align="right"></font></b><br> <b> <font size="5"><font color="#003399">Full Text Access <br> Now Available for Free</font></font></b></font></p> <p><font face="arial, tahoma, helvetice" size="2">Dear Colleague:</font></p> <p><font face="arial, tahoma, helvetice" size="2">Are you tired of having to wade through volumes of e-mail, newspapers and printed publications to find out what's going on in the energy industry?</font></p> <p><font face="arial, tahoma, helvetice" size="2">If so, I have great news for you.</font></p> <p><font face="arial, tahoma, helvetice" size="2">Energy Central, the energy industry's dedicated on-line news, information and data service,&nbsp;<br> has the perfect solution for busy professionals just like you. We can save you valuable time&nbsp;<br> each business day and keep you abreast of critical industry news and events - all at no charge. Be prepared and informed with the single, daily, customizable e-mail news service, Energy Central Direct.</font></p> <p><font face="arial, tahoma, helvetice" size="2">For more than six years, Energy Central's news services have been delivering the most relevant stories to key industry leaders. Developed by energy's trusted information resource, Energy Central Direct already helps tens of thousands of professionals stay in the know. The best part is now you too can benefit from our personalized news service each day at no charge.</font></p> <p><font face="arial, tahoma, helvetice" size="2">You may select from a wide range of content options and customize your daily e-mail. Content sections include: electric power and gas news, industry newsletters, pricing information, conferences and events, career and jobs, deregulation updates and nuclear plant information. Within the news segments each article is efficiently organized by topic. This saves you time. You can scan the headlines of each article accompanied by a brief summary. You may also click on the stories that are of interest to you and read the full text or print the article to read at another time.&nbsp;</font></p> <p><font face="arial, tahoma, helvetice" size="2">To begin receiving this incredible, free, daily service is register by clicking the following link:<br> <a href="http://www.energycentral.com/sections/registration/default.cfm">http://www.energycentral.com/sections/registration/default.cfm</a></font></p> <p><font face="arial, tahoma, helvetice" size="2">Once registered, you will begin receiving Energy Central Direct every business day at no charge. Don't delay, this is a limited offer!</font></p> <p><font face="arial, tahoma, helvetice" size="2">I look forward to seeing you added to our reader list.</font></p> <p><font face="arial, tahoma, helvetice" size="2">Regards,<br> Mark Johnson<br> Director of Content<br> Energy Central Direct <img src="http://log.energycentral.com/global/email_track.cfm?id=26013" width="1" height="1"> <br> <a href="mailto:[email protected]">[email protected]</a></font></p> <hr width="90%" color="#003399"> <p align="center"><font face="arial, tahoma, helvetice" size="1"><i>This message is brought to you as a registered user of Energy Central.&nbsp; If you wish to discontinue&nbsp;<br> receiving this type of message, reply to this message with 'Stop Ads' in the subject of your message.</i></font></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> </center> </div> </body> </html>
Sorry to mess you around on this but we have now booked the flights and we do not need the extra night - is it ok to cancel the extra night. If possible could you please send a new confirm when you have time. Thanks Louise -----Original Message----- From: "Rich and Kristen Nye" <[email protected]>@ENRON [mailto:IMCEANOTES-+22Rich+20and+20Kristen+20Nye+22+20+3Ckristen+40skihomerental+2Ecom+3E+40ENRON@ENRON.com] Sent: Thursday, September 13, 2001 10:40 AM To: Kitchen, Louise Subject: Re: Beaver Creek Home Rental I will check on the extra night and let you know. I am in receipt of your deposit check and am holding it pending closing of the property tomorrow. I will send you a confirmation next week reflecting the payment and the extra night if it is available. Kristen Nye Premier Home Rentals, Inc. www.skihomerental.com 888-708-7179 ----- Original Message ----- From: <[email protected]> To: <[email protected]> Cc: <[email protected]> Sent: Thursday, September 13, 2001 8:58 AM Subject: RE: Beaver Creek Home Rental > I know we are not definitely booked but is there any possibility of booking > the accomodation for an additional night - so we depart on the 17th. > > Let me know. > > Thanks > > Louise > > -----Original Message----- > From: "Rich and Kristen Nye" <[email protected]>@ENRON > [mailto:IMCEANOTES-+22Rich+20and+20Kristen+20Nye+22+20+3Ckristen+40skihomere [email protected]] > > > Sent: Monday, August 27, 2001 10:56 AM > To: Kitchen, Louise > Cc: Schoppe, Tammie > Subject: Re: Beaver Creek Home Rental > > Louise- > > Thank you for your kind email. I look forward to handling all the > details > of your personal trip in the same manner we organize your corporate > outings. > > With regard to deposit I'm sorry that we cannot process the American > Express > card for this particular home so I must ask that you send a check at > your > convenience. The amount and address are on the reservation I faxed > over. > Please let me know if you did not receive that. I will send you a > confirmation once it has been received. > > Again thank you for choosing Beaver Creek for your personal and business > trips, we appreciate your patronage. > > Kristen Nye > Premier Home Rentals, Inc. > www.skihomerental.com > 888-708-7179 > ----- Original Message ----- > From: "Kitchen, Louise" <[email protected]> > To: "Rich and Kristen Nye" <[email protected]> > Cc: "Schoppe, Tammie" <[email protected]> > Sent: Monday, August 27, 2001 7:26 AM > Subject: RE: Beaver Creek Home Rental > > > > Good morning > > > > Thanks very much for the email - I was on vacation in Napa last week > so > > couldn't reply earlier. Tammie (my assistant) can either give you my > > Amex number over the phone or send you a cheque for the deposit - > > whichever you prefer. We are looking forward to the trip. > > > > Speak to you closer to the time and thank you both for making our > > offsite in Beaver Creek last week particularly enjoyable and extremely > > well organized. > > > > Louise > > > > > -----Original Message----- > > > From: "Rich and Kristen Nye" <[email protected]>@ENRON > > > > [mailto:IMCEANOTES-+22Rich+20and+20Kristen+20Nye+22+20+3CKristen+40Ski > > > [email protected]] > > > Sent: Thursday, August 23, 2001 11:15 AM > > > To: [email protected] > > > Subject: Beaver Creek Home Rental > > > > > > > > > Louise- > > > > > > I hope you enjoyed a safe and pleasant journey home on Sunday. I'm > > > sure your husband and son were happy to see you. > > > > > > I have tentatively reserved the property you viewed at 157 Beaver > > > Creek Drive for 2/9-2/16. The new owners will be closing on Sept > 14 > > > and feel confidant in taking deposits immediately. I am faxing > your > > > reservation paperwork showing a deposit due of $2975 (25%). The > > > remaining payment is due 60 days prior to arrival. > > > > > > Please let me know if you have any questions or concerns. > Otherwise, > > > I will look forward to confirming your reservation once the deposit > > > has been received. Thank you again for taking the time to visit > last > > > weekend. We look forward to seeing you here with your family in > Feb. > > > > > > Kristen Nye > > > Premier Home Rentals, Inc. > > > 888-708-7179www.SkiHomeRental.com << File: > > > http://www.SkiHomeRental.com >> > > > > > > ********************************************************************** > > 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 [email protected] 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. > > ********************************************************************** > > > > > > > >
??????? Emerging Technologies Management Research Program Mack Center on Technological Innovation *?The Wharton School??? ??????? ??????? A SPECIAL INVITATION FROM THE WHARTON SCHOOL On behalf of the Wharton School and Insead, we are pleased to extend a special invitation for you to participate in our 3rd semi-annual workshop on best practices in HIGH TECHNOLOGY ACQUISITIONS-- Tuesday, December at the Wharton School in Philadelphia.? This event will include presentations by our research team at Wharton and Insead, as well as presentations and discussions by corporate managers involved in M&A.? Typically, these are smaller events, with about 15-20 companies participating. Twice each year, we invite approximately a dozen companies to join us at a workshop in which we present our most recent research-in-progress from our ongoing initiative on best practices and strategies in high technology acquisitions.? This is part of our research activity and there is no conference fee. Our December 5 event will be of special value to senior decision makers involved in planning or implementing growth through mergers and acquisitions.? In case you are unable to attend or would like to include another senior manager from the M&A sector, please feel free to forward this invitation to a colleague. An agenda for the symposium is attached, though we stress that the direction of our discussions will be flexible and responsive to the interests of participants.? Accommodations are available at the Inn at Penn at the special rate of $164? (tel: 215-823-6202 - Mention the Emerging Technologies Program at Wharton when making reservations).? To RSVP, please respond to this email or call 215-573-7722 before November 25.? Thank you.? best regards, Michael Tomczyk, Managing Director, Emerging Technologies Program Harbir Singh, Co-Director, Mack Center for Technological Innovation About The High Tech Acquisitions Research Project A Research Collaboration of the Wharton School & Insead The High Technology Acquisitions Research Project, jointly organized by The Wharton School and INSEAD, has been conducting research to identify the determinants of success in high technology acquisitions.? Our research includes developing a portfolio of in-depth case studies, building a unique acquisitions database, and hosting semi-annual workshops for industry practitioners.? These tools allow? us to perform rigorous analysis to determine success factors in high technology mergers and acquisitions.? Firms that have participated in our research process so far include Cisco, Cable & Wireless, Hewlett Packard, Lucent, Symantec, and Xerox. Timely Insights for Company Decision-Makers.? One of the most unique aspects of this project is the reporting of research in progress, to give industry decision makers access to the insights from our research as they are revealed.? To test and refine our findings, we host an ongoing series of workshops that bring together practitioners from some of the most experienced acquirers in the high tech arena, and academicians whose research interests converge on the role of acquisitions in technology-based competition. Our next workshop on December 5 will be the third in the series.? Prior events were held in December 1999 at Wharton and June 2000 at INSEAD in Paris, France. (Reports of these events are available on the ET website: http://emertech.wharton.upenn.edu). Objectives.? Our objective is to build a community of practice around the complex phenomenon of managing acquisitions in high-tech environments.? A major goal is to identify and validate new best practices and winning strategies in mergers and acquisitions.? Most of our focus involves issues of value and concern to large multinational corporations.? We are particularly interested in how mergers and acquisitions are pursued as part of a company's GROWTH STRATEGY. Research Team.? The research team on this initiative includes:? Prof. Harbir Singh, Chairmsn of the Management Department and Co-Director, Mack Center for Technological Innovation (Wharton); Phanish Puranam, Project Director and Ph.D. Candidate (Wharton); and Mauricio Zollo, Asst. Prof. of Management (Insead). Agenda - High Tech Acquisitions Workshop Winter Workshop 2000- Tuesday,? Dec. 5, 2000 Location: The Inn At Penn, Philadelphia Entrances on Walnut St. OR Sansom St., between 36th and 37th Street. 9.00 - 9.15a??? Welcome and Introductions (H. Singh) 9.15 - 10.30??? An overview of the project: Objectives and Outputs (M. Zollo) 10.30-10.45??????? Coffee break 10.45-12.00Round # 1 results from the Project (P. Puranam) 12.00-12.30????? Setting the agenda for Sub-Group discussions (H. Singh) 12.30-1.30p???? Working Lunch: Sub-group discussions 1.30-2.00?????? ??????? Free time 2.00-3.00?????? ??????? Sub-Group Reports: Sharing and Comparing Notes 3.15-4.15?????? Coffee Break 4.15-5.00?????? Speakers Panel: A View from the Trenches 5.00-5.15?????? ??????? Break 5.15-6.00?????? ??????? Where do we need to go from here? (H. Singh) DIRECTIONS:? From Philadelphia Airport, the Inn At Penn is approximately 45 minutes by taxi, or 10 minutes from 30th Street Train Station.? If driving , there is valet parketing at the hotel.? The Inn At Penn is located on Sansom Street (also an entrance on Walnut Street), between 36th and 37th Street.?? To make a reservation, call? 215-823-6202 and to get the reduced room rate of $164, be sure to mention that this is for the Emerging Technologies Program at Wharton. -- Michael S. Tomczyk Managing Director Emerging Technologies Management Research Program 1400 SH-DH/6371 The Wharton School Philadelphia, PA 19104-6371 Tel 215-573-7722 Fax 215-573-2129 website:? http://emertech.wharton.upenn.edu - P2F7E2472
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nicely done... -----Original Message----- From: Campbell, Larry Sent: Monday, May 21, 2001 4:04 PM To: Attanasio, Edward Cc: Soldano, Louis; Jones, Scott; Kendrick, William Subject: Re: Additional Soil Investigations, North Coles Levee OK Ed try this: Tank 15 area- Total petroleum hydrocarbons TPH concentrations in soil exceed 10,000 mg/kg. This value has been identified in the "Leaking Underground Fuel Tank Field Manual, (State of Califonia, 1989). This value was identified as a potential threat to groundwater aquifers. Glycol reboiler area- Total petroleum hydrocarbons TPH concentrations in soil exceed 10,000 mg/kg. This value has been identified in the "Leaking Underground Fuel Tank Field Manual,(State of Califonia, 1989). This value was identified as a potential threat to groundwater aquifers. Hot oil heater area- Total petroleum hydrocarbons TPH concentrations in soil exceed 10,000 mg/kg. This value has been identified in the "Leaking Underground Fuel Tank Field Manual, (State of Califonia, 1989) as a potential threat to groundwater aquifers. Wash rack area- Lead Lead values exceed the Toxic Characteristic Leaching Procedure target levels as a hazardous waste (40 CFR 261) Propane comp. area Lead Lead values exceed the Toxic Characteristic Leaching Procedure target levels as a hazardous waste (40 CFR 261) Total petroleum hydrocarbons TPH concentrations in soil exceed 10,000 mg/kg. This value has been identified in the "Leaking Underground Fuel Tank Field Manual, (State of Califonia, 1989) as a potential threat to groundwater aquifers. Chromates Chromate values exceed the Toxic Characteristic Leaching Procedure (TCLP) target levels as a hazardous waste (40 CFR 261) Cooling tower area- Chromates Chromate values exceed the Toxic Characteristic Leaching Procedure (TCLP) target levels as a hazardous waste (40 CFR 261) Compressor area- BTEX Benzene concentrations in soil exceed 1.0 mg/kg. This value has been identified in the "Leaking Underground Fuel Tank Field Manual, (State of Califonia, 1989) as a potential threat to groundwater aquifers. Chromates Values exceed the Toxic Characteristic Leaching Procedure (TCLP) target levels as a hazardous waste (40 CFR 261) Lead Values exceed the Toxic Characteristic Leaching Procedure (TCLP) target levels as a hazardous waste (40 CFR 261) From: Edward Attanasio@EOTT on 05/21/2001 11:09 AM PDT To: Larry Campbell/ET&S/Enron@ENRON cc: Louis Soldano/ET&S/Enron@Enron, Scott Jones/Bakersfield/Eott@Eott, William Kendrick/OTS/Enron@Enron Subject: Re: Additional Soil Investigations, North Coles Levee << OLE Object: StdOleLink >> In light of the Koch indemnity, at minimum we'll need to come up with a specific reason for each area, based on California standards, and to communicate that rationale to Koch prior to doing any substantial work -- certainly before boring. Thanks. Larry Campbell@ENRON 05/21/01 09:54 AM To: Edward Attanasio/Remote/Eott@Eott, Louis Soldano/ET&S/Enron@Enron, Scott Jones/Bakersfield/Eott@Eott cc: William Kendrick/OTS/Enron@Enron Subject: Additional Soil Investigations, North Coles Levee After reveiwing the documents entitled, "Baseline Environmental Investigation of Arco North Coles Levee Plant 8, Rogas Loading Facility and Associated Natural Gas Pipeline Systems Kern County, California" and "Report of Preliminary Asessment Sampling North Coles Levee Gas Plant Loading Rack Area Tupman, California", it appears that the following areas should be investigated further to detemine horizontal and vertical extent of identified contamination from the above referenced reports: Tank 15 area- total petroleum hydrocarbons Glycol reboiler area- total petroleum hydrocarbons Hot oil heater area- total petroleum hydrocarbons Wash rack area- lead Propane comp. area lead total petroleum hydrocarbons chromates Cooling tower area- chromates Compressor area- BTEX chromates lead In the "Baseline Environmental Investigation" report, sampling was only conducted to an approximate depth of 2.5'. I am not comfortable with basing decisions for further investigations on such a shallow depth, in leau of the fact that many times water soluble constituents may horizonatlly move vertically from surface shallow depths into the lower subsurface areas. This is indeed the case for chromates. I based my recommendations for metal concentrations on the federal RCRA Subtitle C hazardous waste target levels for metals and evaluated the TPH and BTEX levels with the underground storage tank guidlines for California. There were references to a 1989 document in the "Baseline" report for specific parameters, but there may have been an update to target contamination level requirements since that date and therefore, I used 10,000 ppm which is a general action level for most states for total petroleum hydrocarbons. Again, I did not evaluate the mercury or the loading rack issues. One last issue. As you know, identification of contamination is usually accomplished by sight observations of visible contamination, knowledge of processes and or history. Report results of the surface contamination do not show there to be an immediate environmental concern. Due to the age of the facility, there may be concerns which were not identified in the reports. However, based upon the locations of the preliminary samplings which were conducted throughout the facility, it appears that the information presented in the reports would be adequate to address suspected contamination at the facility.
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/20/2001 04:32 PM --------------------------- From: Joel Ephross/ENRON@enronXgate on 02/20/2001 04:29 PM To: Lisa Mellencamp/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT, Eddy Daniels/NA/Enron@Enron, Angela Davis/NA/Enron@Enron, Robert H George/NA/Enron@Enron, Sheila Tweed/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Bob Carter/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Nancy Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter del Vecchio/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT, James Grace/Corp/Enron@ENRON, Barbara N Gray/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT cc: Donna Lowry/HOU/ECT@ECT, Hope Vargas/HOU/ECT@ECT, Brian Schwertner/NA/Enron@Enron, Chris Herron/ENRON@enronXgate, Gordon McKillop/NA/Enron@ENRON, Stacy Hardy/Corp/Enron@ENRON, L'Sheryl Hudson/HOU/ECT@ECT Subject: RE: ENA Merchant Assets in Condor (Project Velocity) a/k/a Trutta (for those of you who do not know, trutta is a kind of trout) FYI, we are establishing another structure similar to Velocity to accommodate the transfer of non-merchant investments into Condor. [Project Acceleration -- catchy name isn't it?] Also, there are some economies of scale here, so that it does help to lump some of these things together. In fact, the structures are designed to accommodate multiple assets being transferred at the same time. [All of this assumes that Condor has the money to buy things.] -----Original Message----- From: Simmons, Linda On Behalf Of Mellencamp, Lisa Sent: Tuesday, February 20, 2001 4:06 PM To: Schuler-Legal, Lance; McCullough, Travis; Daniels, Eddy; Davis, Angela; George, Robert; Tweed, Sheila; Mann, Kay; Carter, Bob; Clark, Barton; Bushman, Teresa; Corbet, Nancy; del Vecchio, Peter; Stoler, Lou; Grace, James; Gray, Barbara; Koehler, Anne; Lyons, Dan; Hodge, Jeffrey; Van Hooser, Steve; Zisman, Stuart; Cook, Mary; Korkmas, Deb; Murray, Julia Cc: Lowry, Donna; Vargas, Hope; Schwertner, Brian; Herron, Chris; McKillop, Gordon; Ephross, Joel; Hardy, Stacy; Hudson, L'Sheryl Subject: ENA Merchant Assets in Condor (Project Velocity) a/k/a Trutta (for those of you who do not know, trutta is a kind of trout) this is going out to a broad group and may not be relevant to some, but please be aware that other ENA assets may go into the velocity/condor structure at a couple points this year. also we can all pray (i think it is ok to use this word in the current political climate and in a secular sense, as i think our interests are aligned on this) that the ENE stock price goes up and for more room in the raptor vehicle so we may see more raptor hedges. 1.. as most of you are aware, the majority of ENA's merchant assets are in our project velocity structure. just to make sure that we confuse everyone, we use condor/whitewing/velocity/trutta names interchangeably although occasionally there are some distinctions (which i won't bore you with the details about so you can disavow all knowledge if you have/need/want to). just so you get the right lingo, trutta is the name of the ENA subsidiary where these assets now have a home. ENA, under a servicing agreement, is the servicer of the assets. i am attaching for your information the servicing guidelines in the agreement. the major restriction is that ENA cannot sell assets for less than the contributed value into the structure. any EARLY warning of a potential sale of any of these assets would be greatly appreciated so we can check whether any restrictions apply and be ready, as there are some logistics involved. an email to donna lowry, mary heinitz and myself would be wonderful. if you do not do this, you may get on donna's list. of course i can't speak for her as to the repercussions envisioned, but let me suffice it to say that i am glad i am not on her list. at least that i know of. 2. a number of these assets also have raptor hedges in place in addition to being in the velocity structure. only the portion of the investment that was on ENA's balance sheet was hedged. if an asset is sold that has been "raptorized", the swap will need to be promptly terminated/notional amounts adjusted etc. again, give us as much notice as you can. 3. we also need notice (AHEAD OF TIME) of any follow on investments in the same merchant assets, exchanges of our interest or further fundings because STUFF will have to be done. i will not bore you with the details, but this STUFF cannot be done in ONE MINUTE contrary to the popular opinion of some business types whose names i will not mention here. we also are obligated to provide quarterly reports of the investments which describe any modifications to the investments during that calendar quarter. the first report is due april 11, 2001 for the first quarter of this year. we will be asking for your input with respect to your investments at the end of march. 4. lists of assets currently in velocity and in raptor are attached fyi. << File: SERVICING GUIDELINES.doc >> << File: All Velocity Asset SCHEDULE.doc >> << File: Raptor I 2001 list.doc >> Lisa J. Mellencamp Enron North America Corp. - Legal 1400 Smith St. Houston, TX 77002 Tel: (713) 853-7986 Fax: (713) 646-3393 E-mail: [email protected]
Jim, I am not too familiar with the ISO program. I think they treat load curtailments as the equivalent of spinning reserve and pay as if it were spinning reserve? I don't know how participation-friendly the program is for SCs. I know that based on energy price signals we may at times try to agree with the customer to reduce the customers load so that we can resell the energy purchased for that customer. However, I am not too sure whether we go through the hoops to bid and prove we deserve an ancillary reserve payment. You may want to check with Jubran and Neil on the commodity desk. Roger From: James D Steffes@ENRON on 10/12/2000 09:09 AM To: Susan J Mara/SFO/EES@EES, Roger Yang/SFO/EES@EES, Jeff Dasovich/NA/Enron@Enron, Mona L Petrochko/SFO/EES@EES cc: Subject: Re: Update on CA PUC Action on Interruptible Contracts Is there anything that Enron would like to see changed on the Cal ISO demand program for the Summer? I know that we are not really worried about UDC Interruptible contracts, but maybe we can use this forum to change the way customers who volunteer get some benefits. Jim Susan J Mara@EES 10/11/2000 11:22 AM To: Roger Yang/SFO/EES@EES, Douglas Condon/SFO/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, Edward Hamb/HOU/EES@EES, James M Wood/HOU/EES@EES, Greg Nikkel/HOU/EES@EES, Chris Hendrix/HOU/EES@EES, Malcolm Adkins/HOU/EES@EES, Mojgan Ahad/Western Region/The Bentley Company@Exchange, Dan Bergmann/SFO/EES@EES, Chauntel Cannon/Western Region/The Bentley Company@Exchange, Shawn Grant/Western Region/The Bentley Company@Exchange, Deborah O'Jones/Western Region/The Bentley Company@Exchange, Geoff Pollard/Western Region/The Bentley Company@Exchange, Stephan Rank/Western Region/The Bentley Company@Exchange, Scott Sullivan/Western Region/The Bentley Company@Exchange, Pat van Otterdyk/SFO/EES@EES, Steve Walker/SFO/EES@EES, Paul Smith/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Dirk vanUlden/Western Region/The Bentley Company@Exchange, Chris H Foster/HOU/ECT@ECT, John Malowney/HOU/ECT@ECT, Andrew Wu/HOU/EES@EES cc: Mona L Petrochko/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Jeff Dasovich/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT, James D Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron Subject: Update on CA PUC Action on Interruptible Contracts SUMMARY OF CPUC ACTION: The CPUC has instituted an investigation of current interruptible and demand side programs. Our CA attorneys prepared a summary of the CPUC action, which is provided below. ENRON ACTIONS: Most of the calls we've received from EES have concerned the CPUC's proposed requirement that retail customers be forced to retain their interruptible contracts for their full five-year terms. We have learned that Enron has customers or potential customers on both sides of this issue -- we have customers who want to get out of the contracts and customers who want to stay on the programs. After discussion with Doug Condon and others, we have decided to stand on the sidelines and not take a position on that issue. Please feel free to call one of us with comments or questions. Sue Mara (415) 782-7802, Jeff Dasovich -7822, Mona Petrochko -7821. PREPARED SUMMARY: Here is a preview of the Commission's latest actions in response to the "crisis" in the California electric market. In short, the Commission has instituted an Investigation into operation of the interruptible load programs of the three UDCs, and the effect of these programs on energy prices, other demand responsiveness programs, and the reliability of the electric system. The item which has gotten the most "press" from the OII so far is the proposed temporary suspension of the tariff provisions of the three UDCs that allow customers to opt out of their interruptible program contracts during the 30 day window commencing November 1st. The Commission is using its authority under PUC Section 743 ( which gives the Commission specific authority to amend interruptible contracts between the UDCs and qualified heavy industrials) to propose such suspension. Although parties are allowed to comment on the suspension by this Thursday (the 12th), the Commission does have the apparent authority to effect the change and it will most likely proceed with the suspension. Apart from the enforced extension of the interruptible contracts, however, the OII potentially could have broader ramifications. The intent of the OII is to examine all interruptible, curtailable, and demand responsiveness programs being currently offered and/or proposed in California, and to determine how these programs can best be structured and/or reformulated to serve the Commission's goal of ensuring reliable and reasonably priced electric service within California (especially for the summer of 2001). It is hard to tell exactly what the Commission has in mind. However, it is possible that such reformulation of curtailable/demand responsiveness programs could interfere with Enron's ability to make interruptible/ demand responsive deals with customers. Moreover, the OII is not merely looking at larger customers. It states as one of the purposes of the rulemaking the identification of if and how smaller customers can participate in curtailable programs. Specifically, the OII states that "we need to examine the ability of smaller customers to participate; the development of rate design and incentive polices of such participation; a cost/benefit analysis of such programs; and the marketing of any such programs."
? [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Enerfax Daily [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Looking for a past article or issue. Click here to use Sagewave's Search. Enerfax Daily? -? Page ? -? November 13, 2000 [IMAGE] [IMAGE] Enerfax Daily? -? Page 4? -? November 13, 2000 -? ? Past Issues Available on Sagewave [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Enerfax Daily? -? Page 7? -? November 13, 2000 [IMAGE] Enerfax Daily? -? Page 8? -? November 13, 2000 [IMAGE] AEC Sole Owner of Express Pipeline ? ? Standard & Poor's has issued a CreditWatch update indicating that the rating on the $146.6 million senior secured notes issued by the Express pipeline project could be adversely affected. AEC has exercised its option for the purchase of TransCanada's 50% interest in the Express Pipeline Project and Marquest, a marketing vehicle directly and indirectly owned equally by AEC and TransCanada. The project is a 1,717-mile-long pipeline that runs from Hardisty, Alberta to Wood River, Illinois. [IMAGE] Financial Summary [IMAGE] ")} TC [IMAGE] - blnk.gif - img17.gif - img18.gif - img19.gif - img20.gif - img21.gif - img22.gif - img23.gif - img24.gif - img25.gif - img26.gif - img27.gif - img28.gif - img29.gif - img30.gif - img31.gif - img32.gif - img33.gif - img11.gif - img34.gif - id=1381847 - img35.gif
Bill/Philippe- Below is a summary of the major problems which occurred the past 96 hours and the steps taken to mitigate the damage and risk. Enron Center North (1400 Smith) As a result of the flooding downtown, approximately six skyscrapers had their electrical vaults flooded and began to cause cascading problemd in the electrical grid downtown. The net result was the loss of one of the two 35kv circuits which serve 1400 Smith. We (engineers, EES Maint, electrical subs) believe at the time the circuits blew we shifted from three phase to single phase power, which caused an imbalance in the load to the building. Consequently, UPS "C" which serves a portion of the Lv 34 Data Ctr, the Rolm phone switch, and a protion of the Traders floors lost a circuitboard, and blew two internal fuses. This power degradation caused PDU "S" on Lv 34 to trip its main breaker and shutdown power load to servers and equipment on this PDU. This occurred shortly after Noon on Saturday. Response/Restoration > UPS "D" transferred load from UPS "C" as the N+1 back up and carried the full load of the UPS loss as designed > EPSC/electrical sub (Henderson Electric); EES Maint; IT worked together to power down systems to begin repair work by 4:00pm Saturday > EPSC/EES Maint coordinated with Pillar/Henderson Elec to obtain replacement parts and begin the repairs. By 9:30pm all repairs to UPS"C" had been made and the system bought back on line. As a measure of extra protection the back up genset for Enron Ctr North was in operation > Reliant Energy restored the circuit at approximately 10:30pm Saturday evening > EPSC/EES Maint and subs conducted a thorough review of all electrical and back up systems Saturday evening > Enron Network IT Operations began restoration of all affected systems Saturday evening > EPSC/EES Maint obtained diesel fuel and topped off all gensets Saturday in case of additional problems and due to fuel consumption during the outage Other Building damage was limited to flooding in the tunnels, and water damage/flooding to portions of the Body Shop on Lv B-1 Enron Center South (1500 Louisiana) Impact/Damage Summary > Levels 8 & 9 received very limited amounts of water from the core area elevator shafts and exterior curtainwall. There was no exposure to water on any systems or network cabling during the entire period. (Response) Crews contained and cleaned all water as it traced into the building. > ALL IDF closets on Lvs 3-5 Traders Floors remained dry throughout the duration of the rains/flooding on Friday & Saturday > Lv 6 received some water from Lv 7. (Response) The area was contained and cleaned. No additional damage beyond Tuesday evenings flooding occurred > Due to extreme street flooding and water pressure, a 10" sanitary sewer line tied into ECS burst on Friday evening causing extensive flooding of Lv B-1 area (approximately 4-6 inches of water in the basement. (Response) Clark & Way Engr was able to install a temporary plug in the line to stop the on going flood waters from penetrating the basement. Clean up has continued throughout the weekend > Due to the extreme flooding and water pressure, the water seal of the Reliant Vault burst early Saturday and flooded the electrical vault room with 24-30" of water. This resulted in a complete loss of power at approximately 1:30pm on Staurday afternoon. The back up systems engaged and operated per design to support the Data Ctr and Traders Floors. The temporary cooling tower went off line. Prior to the flooding Clark had been in the process of tieing in the temporary feed into the back up system by 7-1-01 in prep for the migration (Response) * Clark used back up water pumps to pump out and clean the Reliant electrical vault, as well as maintained operation of the back up systems * The Data Ctr AHU's were kept on line with the dehumidifiers/blowers to modulate the airflow in the Data Ctr. EPSC had Way Engr techs use temp/humidity probes to monitor the areas. The recordings indicated temps on Lvs 8 & 9 did not exceed 78 degrees and relative humidity did not exceed 68% during the outage * Clark/Fisk Elec/EPSC coordinated desing efforts and obtained gear on an emergency basis and completed the tie in off the temporary coolong tower to the generators by 10:30pm * Reliant Energy is still cleaning and replacing gear in th vault room. Presntly (AT 11:00PM Sunday) we have one circuit operational in the building and 50% of the Reliant gear on line). We are still operating all systems safely on the back up sytems for the past 36 hours. It is expected Relaint will be complete by 7:00am. Clark; the engineers and MEP subs shall be conducting a thorough system review and repirs as required of all systems throughout the building during the coming week. In summary, the back up systems in both facilities did engage and operate as designed; however, due to the extreme conditons and stress placed upon the systems the facility held up extremely well. I would also like to note throughout the ordeal beginning Friday evening through Sunday, everyone (Enron NetWorks;EES FacilitiesClark Const;Way Engring;Fisk Electric;Henderson Electric; KW-Pillar;Hines) did an outstanding job under enourmous pressure and the most severe conditions I have seen in downtown Houston. Communication, around the clock work and cool heads managed to assess damage and develop action/restoration plans to facilitate repairs for Monday business Let me know if you need further details on specific issues or items. regards- Henry
NETWORK WORLD FUSION FOCUS: PHIL HOCHMUTH on LINUX Today's focus: Will Linux be a hit or miss on the corporate desktop? 03/15/00 Dear Wincenty Kaminski, Today's focus: Will Linux be a hit or miss on the corporate desktop? --------------------------------------------- By Phil Hochmuth So far this year, the buzz about Linux in enterprise networks has focused on servers and embedded systems, with the growth of Linux severs being most heralded. According to IDC, a research firm based in Framingham, Mass., Linux was the fastest-growing server operating system last year, with a 93% growth rate over the year before. Linux was the second most-shipped operating system in 1999 after Windows NT, capturing 24% of new licenses shipped. As for the embedded market, Linux has emerged as an ideal platform for network appliances, because the system can be modified to handle specialized, dedicated tasks very well. Companies such as Cobalt Networks, Picazo and Progressive Systems have announced Linux-based appliances, ranging from Web servers to PBXs to firewalls. But what of the open source hacker,s dream of &Linux on every desktop?8 Sure, Linux on the desktop has become more accessible than ever, with colorful, shrink-wrapped boxes of Caldera, Red Hat and Corel Linux now available at places like CompUSA. However, analysts have said that Linux,s growth in the enterprise will be limited to the macro and micro areas of network servers and embedded operating systems. According to IDC, Linux currently runs on only 4% of U.S. desktops. The hold Microsoft Windows has on the desktop market will remain strong, analysts say, despite such factors as Microsoft,s antitrust problems and the surging popularity of Linux. Even some Linux executives are skeptical of their product,s desktop future. Recently, SuSE CEO Roland Dyroff downplayed Linux,s future on desktops. Dyroff said, &given the lack of applications available, we really can't claim it as being competitive on the desktop yet.8 A recent survey by Survey.com gives more hope for Linux desktops. According to the survey of 1,640 enterprise network managers, open source operating systems are used on 10% of desktops, with the number jumping to a surprising 23% of enterprise desktops by 2002. Despite the mix of numbers being thrown around, two important factors that will determine the success of Linux as an enterprise client desktop are: a standardized, easy-to-use graphical user interface (GUI) and available applications. One company that is working to make Linux more user friendly is Palo Alto-based Eazel, which is designing a next-generation file management system and user interface to run on top of the Linux kernel. According to Eazel,s Web site, the company,s goal is to bring Linux to the masses and &do it in a way that appeals to today's Linux users and to mere mortals.8 The company was founded by a group of former Apple executives, and is allied with the Gnome project, which has been doing extensive Linux desktop environment development for several years. Eazel is due to have a product out by the middle of this year. With an intuitive, icon-based file management environment, Eazel is hoping its user interface will be an improvement over the two current Linux GUIs, Gnome and KDE, and will help standardized the look and feel of Linux for &regular8 users. For enterprise mangers who have already embraced Linux on the server side, this development will be worth keeping an eye on. On the applications side, several office productivity suites have been available for some time, such as Sun,s StarOffice suite and KOffice for the KDE desktop. Corel has also ported its office products, such as WordPerfect, over to Linux to complement its own distribution of the operating system. While there have been recent rumors (started by Linux Care Vice President Arthur Tyde) that Microsoft is working on a port of MS Office to Linux, Microsoft officials deny this. While Linux may never supplant Windows as the industry-standard desktop, there should be plenty of opportunity for Linux PCs in enterprise nets in the future. To contact Phil Hochmuth: ------------------------- Phil Hochmuth is a writer and researcher for Network World, and a former systems integrator. You can reach him at mailto:[email protected]. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FOR RELATED LINKS -- Click here for Network World's home page: http://www.nwfusion.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Staroffice Software from Sun http://www.sun.com/staroffice Corel Linux OS http://www.corel.com/freedom/freedom.htm Eazel http://www.eazel.com GNOME -- the GNU Network Object Model Environment http://www.gnome.org KOffice -- the integrated office suite for KDE, the K Desktop Environment http://koffice.kde.org/ Cobalt Networks, Inc. http://www.cobaltnetworks.com Progressive Systems http://www.progressive-systems.com Picazo http://www.picazo.com Other Linux-related articles from Network World: Active Directory upgrade requires strong game plan, Network World, 03/13/00 http://www.nwfusion.com/archive/2000/89629_03-13-2000.html ********************************************************* Subscription Services To subscribe or unsubscribe to any Network World e-mail newsletters, go to: http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp To change your email address, go to: http://www.nwwsubscribe.com/news/scripts/changeemail.asp Subscription questions? Contact Customer Service by replying to this message. Other Questions/Comments Have editorial comments? Write Jeff Caruso, Newsletter Editor, at: mailto:[email protected] For advertising information, write Jamie Kalbach, Account Executive, at: mailto:[email protected] Network World Fusion is part of IDG.net, the IDG Online Network. IT All Starts Here: http://www.idg.com Copyright Network World, Inc., 2000
Nora, Have you got that signed NDA in yet? My business person, Dave Samuels is calling me about it... Thanks! Nora Dobin@ENRON 01/12/2001 04:07 PM To: Tana Jones/HOU/ECT@ECT cc: Subject: Re: Net Works/Bridge NDA Will do; it may be Tuesday before you get complete signed copy. Thanks again for your help and have a good long weekend. Regards, NJD Nora J. Dobin Senior Counsel Enron Global Finance Enron Corp. 1400 Smith Street Houston, Texas 77002 713/345-7723 (phone) 713/853-9252 (fax) E-mail: [email protected] Tana Jones@ECT 01/12/01 04:06 PM To: Nora Dobin/Corp/Enron@ENRON cc: Subject: Re: Net Works/Bridge NDA I spoke to Dave Samuels, and if you are having Harry Arora sign it, Dave thought that would be OK with Louise. So we're on board. Could you send me a copy when it's signed. Thanks for your help! Nora Dobin@ENRON 01/12/2001 03:35 PM To: Tana Jones/HOU/ECT@ECT cc: Jeff Bartlett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@enron Subject: Re: Net Works/Bridge NDA Update. Bridge has signed and faxed back to us the attached NDA. We have not provided a signed counterpart and will not until we hear back from you. If the attached is not acceptable to Net Works, we can ask Bridge to sign the NDA again with DealBench as the Enron counterparty and you can have Bridge sign the appropriate NDA for Net Works. I apologize for any inconvenience; we merely were trying to accommodate everyone's goals in a short time frame. Regards, NJD Nora J. Dobin Senior Counsel Enron Global Finance Enron Corp. 1400 Smith Street Houston, Texas 77002 713/345-7723 (phone) 713/853-9252 (fax) E-mail: [email protected] Nora Dobin 01/12/01 02:27 PM To: Tana Jones/HOU/ECT@ECT cc: Jeff Bartlett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@enron Subject: Re: Net Works/Bridge NDA A couple of additional thoughts. The mutual NDA covers Net Works and its wholly-owned subsidiaries (which includes EOL). Equitable relief is more likely than arbitration to be the relief sought for breach of an NDA and equitable relief is covered by attached. We appreciate the need to conform to policy; these thoughts are shared merely in an attempt to help streamline the process for this transaction. Again, just let us know how you would like to proceed. Regards, NJD Nora J. Dobin Senior Counsel Enron Global Finance Enron Corp. 1400 Smith Street Houston, Texas 77002 713/345-7723 (phone) 713/853-9252 (fax) E-mail: [email protected] Nora Dobin 01/12/01 02:02 PM To: Tana Jones/HOU/ECT@ECT cc: Mark Taylor/HOU/ECT@ECT, Jeff Bartlett/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON Subject: Re: Net Works/Bridge NDA We have done as outlined in my e-mail; if this is not acceptable, we can ask Bridge to sign another agreement. Bridge does want a mutual NDA and we need something this afternoon. Please let us know. Nora J. Dobin Senior Counsel Enron Global Finance Enron Corp. 1400 Smith Street Houston, Texas 77002 713/345-7723 (phone) 713/853-9252 (fax) E-mail: [email protected] Tana Jones@ECT 01/12/01 01:52 PM To: Nora Dobin/Corp/Enron@ENRON cc: Dave Samuels/HOU/ECT@ECT Subject: Re: Net Works/Bridge NDA Are you drafting this NDA for us? I have already prepared a draft based off your form, which adds not only Enron Net Works, but also EnronOnline as our counterparty. In addition, we have a company policy that requires that we have arbitration in all of our agreement. Our client over at EnronOnline, Dave Samuels, is sending our form to his customer. Nora Dobin@ENRON 01/12/2001 01:42 PM To: Roseann Engeldorf/Corp/Enron@ENRON cc: Jeff Bartlett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT Subject: Net Works/Bridge NDA Further to attached, Shmuel advises that Bridge's signed counterpart of attached is being faxed back to us this afternoon. In my physical absence, I have asked Rose to initial for Net Works (Mark, hope this is ok; this is same agreement used for DealBench with changes noted below). Bridge did not return signed its counterpart of DealBench agreement, asking this morning for a mutual NDA which we have accommodated. Jeff suggested that since we had to revise the agreement, we streamline the Net Works effort by making it the Enron counterparty (Net Works and its wholly-owned subsidiaries (including DealBench) are covered by NDA). Thanks for your help. Regards, NJD Nora J. Dobin Senior Counsel Enron Global Finance Enron Corp. 1400 Smith Street Houston, Texas 77002 713/345-7723 (phone) 713/853-9252 (fax) E-mail: [email protected] ----- Forwarded by Nora Dobin/Corp/Enron on 01/12/01 01:25 PM ----- Nora Dobin 01/12/01 01:15 PM To: [email protected] cc: Jeff Bartlett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT Subject: Net Works/Bridge NDA Attached please find another draft of confidentiality agreement revised to (i) change the DealBench counterparty to its parent, Enron Net Works LLC, and (ii) make the agreement mutual in respect of Bridge Confidential Information. I understand that DealBench (which continues to be protected under this agreement) would like to disclose information this afternoon to Bridge. Accordingly, please fax a signed Bridge counterpart as soon as possible to me at the fax number below and to Jeff Bartlett at 713/646-8576. We will fax to you a counterpart signed by Net Works. Regards, NJD Nora J. Dobin Senior Counsel Enron Global Finance Enron Corp. 1400 Smith Street Houston, Texas 77002 713/345-7723 (phone) 713/853-9252 (fax) E-mail: [email protected]
---------------------- Forwarded by Darron C Giron/HOU/ECT on 02/21/2001 08:49 AM --------------------------- Enron North America Corp. From: Rick Causey @ ENRON 02/21/2001 02:02 AM Sent by: Enron Announcements@ENRON To: All Enron Worldwide cc: Subject: Global Accounting Promotions Please join me and the Global Accounting leadership team in congratulating the following individuals on their promotions to: To Managing Director Sally Beck (EWN) Fernley Dyson (EEL) To Vice President Beth Apollo (ENW) Janine Juggins (EEL Tax) Phillip Lord (EBS) Laura Scott (ENA) Chris Sherman (ENA) Wade Stubblefield (EES) To Senior Director Buddy Aiken (EEL) Jim Coffey (ENA) Donette Dewar (Intl. Tax) Patricia Dunn (NEPCO) Mark Frank (ENA) William Gehle (EECC) Joseph Grajewski (EECC) Jan Johnson (Corp) Scott Mills (ENW) James New (EEL) Mary L. Ruffer (ENA) Richard Sage (EEL) Elaine Schield (Corp) Kevin Sweeney (ENW) Beth Wapner (EBS Tax) Director Thresa Allen (ENW) Ron Baker (Corp) Misty Barrett (EES) Jeff Blumenthal (EWS) Trey Cash (Corp Tax) Karen Choyce (Corp) Cheryl Dawes (ENA) Lanette Earnest (EWS Tax) Jeffrey Gossett (ENW) Robert Guthrie (ETS Tax) Susan Helton (ENA) Ralph Jaeger (EEL) Andrea Kerch (EEL) Faith Killen (ENA) Johnna Kokenge (Corp) Matt Landy (EEL) Andy Lawrence (ISC) Connie Lee (EBS) Caroline Lothian (EEL) Meg Malone (Corp Tax) Gary Peng (Corp) Stephen Schwarzbach (Corp) Sally Seelig (EES Tax) Don Shackley (EES/London Tax) Patricia Shannon (Corp) Eddie Sikes (Intl. Tax) Jeffrey Smith ( EGM) Ron Smith (GSS) Kim Theriot (ENW) Hope Vargas (ENA) Tina Ward (EEL) Stephen Whitaker (EEL) Stacey White (ENW) Rob Wilcott (Corp) To Manager Christopher Abel (ENW) Stacey Aune (ENA) David Baumbach (ENW) Maya Beyhum (ENW London) Patricia Bloom (ENA) Matthew Brown (ENW) Vince Cacaro (ISC) Clara Carrington (ENW) Carol Carter (ENA) Carolyn Centilli (ISC) Erin Copeland (EECC) Richard Cross (ENW) Rachel Davis (Corp) Michael Desbiens (ISC) David Dupre (ISC) Eileen Flanagan (EEL) Regina Figueroa (ISC) Rebecca Ford (ENW) Darron Giron (ENW) Julie Goodfriend (International Tax) Karen Gruesen (ENA) Kevin Hall (EEL) Kristen Hanson (ENW) David Horne (ISC) Larry Hunter (ENW) Todd Hunter (EES) Jim Ischy (GSS) Chris Jones (ISC) William Kasmervisz (ENW) Kam Kaiser (ENW) Kedar Kulkarni (ISC) Monica Lande (ENW Portland) Suzanne Lane (EEL) Vince Mack (ISC) David Maxwell (ENW) Emitra Nelson (ISC Caroline Nugent (EWS Tax) Mark Pope (ISC) Yiannis Poulopoulos (London Tax) Melissa Ratnala (ENW) Jason Sharp (Corp Tax) Stephanie Smith (Corp) Patricia Spence (ENW) Amy Spode (ENW) Patricia Sullivan (ENW) Lisa Sutton (ETS) John Swinney (ENW) Deana Taylor (Corp) Dimitri Taylor (ENW) Wayne Tencer (EES) Bernella Tholen (ENA) Theresa Vos (ENA) Blake Walker (EECC) Bob Ward (International Tax) David Williams (EEL) To Senior Specialist Amelia Alland (ENW) James Armstrong (ENA) Carmen Ayala (GSS Cynthia Balfour-Flanagan (ENW) Gilda Bartz (Corp) Stacey Brewer (ENW) Marian Briscoe (Corp Tax) Aneela Charania (ENW) Patricia Clark (Corp) Chris Crixell (EES Tax) Diane Ellstrom (ENW) Heidi Griffith (EES) Marla Hernandez (ISC) Marlene Hilliard (ENW) Dave Hollick (London Tax) Rachel Jones (EEL) Dawn Kenne (ENW) Harry Kent (EWS Tax) Blanca Lopez (ENA) Brian Hunter Lindsay (EEL) Rachel Lyon (EEL) Stacy Hardy (ENA) Sally McAdams (ISC) Kelly McCain (Corp Tax) Errol McLaughlin, Jr. (ENW) Sylvia Martinez (ISC) Kevin Meredith (ENW) Meredith Mitchell (ENW) Winnie Ngai (Corp Tax) Thien-Huong Ngo (ENW) Brian Palmer (ENW) Bich Ann T Pham (ENA) Shelly Pierson (Corp) Lillie Pittman (ISC) David Rae (ENW) Dixie Riddle (ETS Tax) Salvador Dominguez (Corp) Mark Schrab (ENW) Stephanie Sever (ENW) Danielle Shafer (ISC) Shifali Sharma (ENW) Keith Simper (ENA) Christopher Spears (ENW) Caron Stark (ISC) Tara Sweitzer (ENW) David Vandor (ENA) Mary Womack (ISC) David Yang (International Tax) Sabrae Zajac (ENW) To Specialist Kim Chick (EES Tax) Justin East (EEL) Joey Esperance (International Tax) Randi Howard (ISC) Melanie Hutchinson (EWS Tax) Mary Joseph (Corp Tax) Sherri Kathol (International Tax) Lex Lacaze (International Tax) Michelle LeBlanc (Corp Tax) Ling Li (EWS Tax) Kori Loibl (ENW) Alan Marsh (Corp Tax) Bruce Mills (ENW) Erika Moore (EEL) Matthew Motsinger (ENW) Sherry Meyers (ISC) Andrea Price (Corp Tax) Bernice Rodriguez (ENW) Tina Salinas (EES Tax) Brent Vasconcellos (Corp Tax) Brandi Wachtendorf (ENW) Patryk Wlodarski (ENW London) To Entry Specialist Stuart Sheldrick (EEL) To Accountant I Becky Klussman (Corp) To Accountant II Silvia Shelby (Accounts Payable) To Staff Mary Behn (EES) Guy Freshwater (ENW London) Geralynn Gosnell (ENW) Richard Miley (ENW) Brent Storey (ENW London) Stuart Thom (ENW London) Judith Walters (ENW) Jonathan White (ENW London) Joan Winfrey (ENW) To Senior Tax Analyst Emily Allwardt (International Tax) Leon Branom (EBS Tax) Shanna Husser (EES Tax) Shilpa Mane (Corporate/London Tax) Todd Richards (Corp Tax) Michelle Thompson (Corp Tax) To Sr. Administrative Assistant Norma Chavez (International Tax) Sarah Knott (ENW London) To Sr. Travel Administrator Cheryl Slone (GSS ) To Administrative Coordinator Heather Choate (ENW) Kayla Heitmeyer (GSS) To Senior Clerk Angela Barnett (ENW) Matthew Davies (ENW London) Daniela De Lisi (ENW London) Rufino Dorteo (ENA) Mark Pilkington (ENW London) Narjinder Sandhu (EEL) Howard Sweasey (EEL) Laura Vargas (ENW) Jo Ann Woods (Corp Tax) To Intermediate Clerk Maria Maldonado (Accounts Payable) Araceli Mondragon (Accounts Payable) Irma Rodriguez (Accounts Payable) Bernita Sowell (Accounts Payable)
FYI Received: from AUMTA02.au.abnamro.com ([203.42.47.161]) by tfsgateway.andrews-kurth.com; Wed, 27 Sep 2000 19:56:42 -0500 Received: by AUMTA02.au.abnamro.com(Lotus SMTP MTA v4.6.3 (778.2 1-4-1999)) id CA256968.00049BBB ; Thu, 28 Sep 2000 11:50:20 +1100 X-Lotus-FromDomain: ABNAMRO From: [email protected] To: [email protected] Message-ID: <[email protected]> Date: Thu, 28 Sep 2000 11:49:25 +1100 Subject: Re: Fwd: Re: Futures Client Agreement - Enron North America Corp. and ABNAMRO Mime-Version: 1.0 Content-type: multipart/mixed; Boundary="0__=fQh4hcZSGnjxQ4y33DQs3ULhOX9t2pYAi6w1wBCburHyMptroYxPFgp0" Content-Disposition: inline Jason, Is there any update as to when we can expect to recieve the executed documents? Anne ---------------------- Forwarded by Anne McLeod/AU/ABNAMRO/NL on 28/09/2000 11:52 --------------------------- (Embedded image moved to file: pic03066.pcx) Anne McLeod (Embedded image moved to file: pic25142.pcx) 29/08/2000 14:46 To: "JASON PETERS" <[email protected]> cc: Subject: Re: Fwd: Re: Futures Client Agreement - Enron North America Corp. and ABNAMRO (Document link not converted) Jason, When can we expect to receive the executed documents? Regards, Anne "JASON PETERS" <[email protected]> on 16/08/2000 23:42:24 To: Anne McLeod/AU/ABNAMRO/NL cc: Subject: Fwd: Re: Futures Client Agreement - Enron North America Corp. and ABNAMRO Anne, We received the execution copies. We are in the process of getting signatures. Thanks, Jason Peters Received: from postmaster.enron.com (outbound5.enron.com [192.152.140.9]) by tfsgateway.andrews-kurth.com; Wed, 16 Aug 2000 07:58:28 -0500 Received: from mailman.enron.com (mailman.enron.com [192.168.189.66]) by postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id HAA11952 for <[email protected]>; Wed, 16 Aug 2000 07:55:07 -0500 (CDT) Received: from dserv1.ect.enron.com (dserv1.ect.enron.com [172.16.1.37]) by mailman.enron.com (8.10.1/8.10.1/corp-1.05) with ESMTP id e7GCt7H17053 for <[email protected]>; Wed, 16 Aug 2000 07:55:07 -0500 (CDT) Received: from notes.ect.enron.com (ecthou_gt2.corp.enron.com [172.16.4.33]) by dserv1.ect.enron.com (8.8.8/8.8.8) with SMTP id HAA13373 for <[email protected]>; Wed, 16 Aug 2000 07:55:07 -0500 (CDT) Received: by notes.ect.enron.com(Lotus SMTP MTA v4.6.5 (863.2 5-20-1999)) id 8625693D.0046F96A ; Wed, 16 Aug 2000 07:55:13 -0500 X-Lotus-FromDomain: ECT From: "Brenda Whitehead" <[email protected]> To: [email protected] Message-ID: <[email protected]> Date: Wed, 16 Aug 2000 07:55:07 -0500 Subject: Re: Futures Client Agreement - Enron North America Corp. and ABN AMRO Mime-Version: 1.0 Content-type: text/plain; charset=us-ascii Content-Disposition: inline ----- Forwarded by Brenda Whitehead/HOU/ECT on 08/16/2000 07:54 AM ----- |--------+--------------------------> | | [email protected]| | | bnamro.com | | | | | | 08/08/2000 08:28| | | PM | | | | |--------+--------------------------> >----------------------------------------------------------------------------| | | | To: [email protected] | | cc: | | Subject: Re: Futures Client Agreement - Enron North America Corp.| | and ABN AMRO | >----------------------------------------------------------------------------| Jason, Did you receive the execution copies of the futures document? Anne [email protected] on 01/08/2000 02:01:55 To: Anne McLeod/AU/ABNAMRO/NL cc: Subject: Re: Futures Client Agreement - Enron North America Corp. and ABN AMRO Enron North America Corp. 1400 Smith Houston, Texas, USA Attn: Sara Shackleton [email protected] bnamro.com To: [email protected] cc: 07/30/2000 11:22 Subject: Re: Futures Client Agreement - Enron PM North America Corp. and ABN AMRO Jason, Th execution copies of the futures agreement have been prepared. Please advise me of your full address details so that we can courier the documents to you. Regards, Anne ______________________________________________________________________________ _______________ *****Important Information***** This document should be read only by those persons to whom it is addressed and its content is not intended for use by any other persons. If you have received this message in error, please notify us immediately. Please also destroy and delete the message from your computer. Any unauthorised form of reproduction of this message is strictly prohibited. ABN AMRO does not guarantee the security of any information electronically transmitted. ABN AMRO is not liable for the proper and complete transmission of the information contained in this communication, nor for any delay in its receipt. THE USE OF EMAIL FOR ANY ILLEGAL PURPOSE OR FOR ANY PURPOSE OTHER THAN AS PERMITTED BY ABN AMRO IS STRICTLY PROHIBITED AND SUCH USE MAY RESULT IN LEGAL ACTION. - pic03066.pcx - pic25142.pcx
----- Forwarded by Rob Walls/NA/Enron on 12/07/2000 04:59 PM ----- John Ambler@ENRON_DEVELOPMENT 12/07/2000 08:57 AM To: Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob Walls/NA/Enron@Enron, Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, [email protected] cc: [email protected], [email protected] Subject: Enron project: Maharashtra State Electricity Board paying Rs. 95 cr. for unbought power Mahesh Vijapurkar FYI. Although clearly slanted, the following is rather astute local coverage of the issue. John 12/06/2000 The Hindu Copyright (C) 2000 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) - Asia Intelligence Wire MUMBAI, DEC. 5. Strange as it may sound, the Maharashtra State Electricity Board (MSEB) would be paying less for the energy it buys from the Enron-sponsored Dabhol Power Company if it buys more. If it buys only half of the present capacity, the state- owned power utility would pay, as it does now, around Rs. 95 crores per month towards unbought power. That is its entrapment signed and sealed with Enron. Under the contract between the MSEB and the Dabhol- based independent power producer, the pricing of its output has two components: capacity charges and the variable or fuel charge. If it buys power, it pays a combination of the two and if it does not, MSEB has to fork out the capacity charges which is almost a penalty for not picking up the energy. At present, MSEB is allowed to buy only 3,044 million units which is about half the Dabhol plant's capacity during its currently operating Phase I because the Electricity Regulatory Commission has stipulated that only cheaply sourced power should be on its shopping list and if it has to draw from Dabhol, then the ceiling is 3,044 million units. That means, when the MSEB pays for half the power that would be available, it is also paying some Rs. 95 crores towards the capacity charges and which is loaded on what has been bought. This arithmetic has pushed the price, in addition to the weakened rupee against the US dollar plus the $30 per barrel of oil in the international market, to hover at close to Rs. 7 per unit. Arguably, it would have been cheaper to buy the entire output from the present Phase I capacity of 740 mw but the problem is that MSEB does not have money to pay for that. Therefore it would like to evaluate its options, as advised by the Maharashtra Government, so that the right ways and means could be found to handle this issue. One is to appeal to the MERC to allow all the power to be bought as it is produced, since the IPP is all set to activate a part of its Phase II capacity which is pegged at 1,444 MW and then get energy at a lower average price. That means it can avoid paying the capacity charges it can ill-afford. Says an official : "it is throwing good money behind the bad." Let us look at the prices paid hitherto, when the US currency had a different parity with the rupee. When it was Rs. 43.02 to a dollar, the MSEB was billed at Rs. 3.37 per unit in May 1999. Then it was tossed upwards, to reach Rs. 6.81 now and next month, move to about Rs. 6.90 per unit. "If the rupee slides further, we pay more," an official explained. There is a nice little twist to the Enron story. If the Power Purchase Agreement, as re-negotiated by the Shiv Sena - BJP Government had not made the 1,444 mw Phase II mandatory as against only an option to either pick up or reject in the earlier PPA, this need a re-look at the Phase II or the entire project may not have arisen. Those in the know of the economics of the situation explain :"If it was an option, we could have taken a hard look at the experience with the Phase I and decided on our steps. But the millstone was tied around the MSEB neck in 1996 itself by the previous Government. There seems to be no escape route except to ask the IPP to lower its prices by managing its cost of funds." That is now being done. Some FIs like IDBI have offered to lower its interest rate provided the lowered burden is transferred to the MSEB in the tariff. This is yet to become a widespread offer from FIs but the MSEB may, with the Maharashtra Government's help, quietly lobby towards that objective. That would not mean a lot but in the payouts, a few paise per unit less. When the first block of Phase II is activated by June 2001, at present dollar-rupee parity, with the price of petroleum products being the same, the price of power from Dabhol is estimated at about Rs. 5.43 per unit but that too to a financially crippled power board is stiff. But it can do little because of the "take or pay" deal with Enron. If the petroleum prices remain steady and the rupee does not slide, and when the second block of Phase II is operational, the price of power could dip but "we are talking of a situation which we can guess at." This is on the basis that MSEB can buy all the power and not merely end up paying capacity charges for not buying energy. According to present estimates, outgo towards power bought and not bought, would be Rs. 511 crores per month June 2001 onward, Rs. 712 crores per month October 2001 onward when the current realisation for the MSEB is only Rs. 920 crores per month from all power sold from all sources it accesses, its own and others. That is unlikely to go up substantially, not in the near future. Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
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Jeff, In general, I agree with you that absent market power price caps are bad policy. In this case, I believe we have crafted the settlement (and the decision reinforces those sections, in fact, the reduction of market concentration limits from 40% to 30% goes even further in this regard), so that market power will not be a problem. I have phoned Mike Day and suggested that he craft his comments to include the caveat about market power, and he indicated that would not be a problem. With that change I don't think we object to including the comments on price caps. I am still getting approval from the various powers that be, but hope to get that soon. Michael -- Michael S. Alexander Southern California Edison Energy Supply and Management (ES&M) 626-302-2029 626-302-3254 (fax) "Dasovich, Jeff" To: "MDay" <[email protected]>, "Amirault, Paul" <Jeff.Dasovich@ <[email protected]>, "Jeff Dasovich Enron SF" enron.com> <[email protected]>, "Michael Alexander, SCE" <[email protected]>, "Phil Davies, WGSI Calgary" 10/18/2001 <[email protected]>, "Porter, Douglas K" 08:17 PM <[email protected]>, "Hass, Glen" <[email protected]>, "Steffes, James D." <[email protected]>, "Mara, Susan" <[email protected]> cc: Subject: RE: I. 99-07-003 Draft Comments on the Revised Proposed Decision Mike: Comments looks good. My only comment is that, in our view, the price cap (which would cover ALL capacity in the secondary market) is simply bad economic policy and won't address any problems--in fact it will only create problems. (From a practical perspective, I'm not even sure that the Commission can successfully "regulate" prices in the secondary market.) Will the commission change the price cap provisions of the decision based comments advising against them? Very unlikely. But when the caps create problems (and they will), I want to have been on record advising the Commission of why caps are bad economic policy and pointing out the bad outcomes that caps will cause. I think that it's very important to point out the downside of caps and to be on record against them. That said, I don't want the comments to be so negative as to cloud support for the decision; nor do I think the Commission will change the cap based on our comments. Other than that, EES and ENA can sign on. Anyone have any objections to pointing out the fact that price caps are ill-advised? Best, Jeff -----Original Message----- From: MDay Sent: Thu 10/18/2001 8:43 PM To: 'Amirault, Paul'; 'Jeff Dasovich Enron SF'; 'Michael Alexander, SCE'; 'Phil Davies, WGSI Calgary'; 'Porter, Douglas K' Cc: Subject: I. 99-07-003 Draft Comments on the Revised Proposed Decision <<X28621.DOC>> Enclosed for your review are the draft comments on the Revised Proposed Decision in the Gas Restructuring Investigation. WGSI and Enron have indicated a desire to file supportive comments. Edison has indicated an interest in reviewing our draft for the purpose of considering joining in our comments. Please send edited electronic versions with underline and strikeout to MBD at this address no later than noon tomorrow. These comments must be filed tomorrow before 5 pm. I am sorry for the lateness of the draft, but these are not extensive comments. Except for the little bombshell about extending commission jurisdiction over gas marketers, I see little in the RPD to warrant our opposition. Even if the Commission proceeds with the jurisdictional grab, I believe it can be overturned by the Court of Appeals. I look forward to your comments. Mike Day ********************************************************************** 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 [email protected] 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. **********************************************************************
Brenda, I think all the correct actions are underway. Roy Lipsett will be in Chicago on Friday morning to oversee the movement of the product to another facility. I am not sure of the legal expertise within Enron on Illinois Bankruptcy Law. If required the following Law firm has expertise in this area, and did a good job of helping me in a similar situation in the past so that I continued to have access to products. Please let me know if I can be of assistance. Barack Ferrazzano Kirschbaum Perlman & Nagelberg Wendi E. Sloane 333 West Wacker Drive Suite 2700 Chicago, IL 60606 (312) 984-3166 Thank You, Dan Hamilton 713-516-4365 (cell) 713-345-7653 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Wednesday, January 24, 2001 9:55 PM To: [email protected]; [email protected] Cc: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected] Subject: Lumber Reload Facility - Premier Yesterday I was informed that there was a concern about the financial stability of one of the reload facilities we currently use in the Chicago area, Premier Reload Inc. I met with Romney Ruder, Lumber trader, Roy Lipsett, Logistics, and Mike Moscoso, Lumber business controller, this morning to gather information and develop a plan. This is summarized below. General Information: Premier is a facility we have been using for a few months, located in Franklin Park within Chicago. We deliver to the facility via railcar, and ship out via truck. We currently have about 3.8 million board feet, valued at about $1 million, in the facility. During the holidays, we began experiencing problems with our railcars not being unloaded timely. We have been pressing for information, and are hearing rumors that have raised significant concerns. Although Enron has not received written notification, we learned today that Premier notified customers that they would not be taking in any more products. Additionally, we have heard that the owner, Jeff Leske, is closing the facility, and will be going to work for another reload facility in Chicago, Reserve Marine Terminal (RMT). We have been in negotiations with RMT for a long term arrangement, and much of the information we have obtained is through our contact there. In fact, we have diverted recent shipments to RMT. There is a rumor that Premier and /or Leske may declare bankruptcy. There is a rumor that Premier has been incurring "switching" fees with the railroad (IHB) and has not been paying them. There is a rumor that Premier has not been paying employment taxes and there are problems with the IRS. All in all, there are many rumors but very few known facts. Plan: Met with Legal today to get advice. They recommended moving the product ASAP, but until moved, we needed to confirm the product was marked as "Enron" product, and that it is stored separately from other product. They are drafting a contract to specify the arrangement with Premier. It will be ready tomorrow. Met with Credit. They are not a included in the reload selection process, so the financial stability of the company has not been reviewed. A D&B was pulled today, and it confirms a lien filed by the IRS on 6/22/00 for $86,128. There is one suit pending by a trucking company in a nominal amount, filed 1/13/00. The company is owned 100% by Leske, and was started in 1995. Very little other information is available, and D&B did not assign a PAYDEX score. Mike Moscoso and Romney Ruder are going to the premises tomorrow to: gather financial information, intentions of the owner and the associated timeline, substantiate the inventory, and get the contract signed that Legal is drafting. On Friday morning, Roy Lipsett will join them to meet with RMT, discuss movement of the product and complete the negotiations. Depending on the information gathered tomorrow, we will determine next steps. If we start moving the product to RMT, the estimated timeline is about 13 to 14 days, moving 10 trucks per day (total truckloads = 135). Estimated cost for the movement is about is $25,000. Another $25,000 would be incurred for unload fees at RMT if we can't get them to wave them. About half of the product has already been sold, and will be delivered over the next 5 weeks. Romney is working with customers to determine if they can take the product earlier. I will keep you informed as to the next events. However, we need to take immediate steps to put a policy and process in place for warehousing facilities. I have initiated weekly cross-functional staff meetings (Tax, Legal, Credit, IT, Logistics, Fundemental Analysis, Accounting, etc.), and our first meeting is scheduled for tomorrow. I will have this on the agenda, and will lead the effort to develop the process. Please let me know if you have any questions. Brenda x35778 This message may contain information which is private, privileged or confidential and is intended solely for the use of the individual or entity named in the message. If you are not the intended recipient of this message, please notify the sender thereof and destroy / delete the message. Neither the sender nor Sappi Limited (including its subsidiaries and associated companies) shall incur any liability resulting directly or indirectly from accessing any of the attached files which may contain a virus or the like.
Thanks John. FYI the contract language (w/GE comments) is attached at the bottom of this E-mail. When you have a minute we can discuss. John Schwartzenburg 09/12/2000 10:43 AM To: Scott Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kay Mann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Sheila Tweed@ECT Subject: Re: GE Language (Document link: Scott Dieball) I think that I agree with the points and comments you folks raised in the first echange on indemnities below, but don't have the document to refer to. Scott, please drop by and brief me on these. Cognizant Gov't? Never heard of the term, and itis not one of the usual defined terms. Don't know how it's used here, suggest you decline andmake them clarify. LOL ISSUES: 1. I suppose that this is a NY law contract. I do not think you can effectively limit your liability for gross negligence or wilful misconduct in NY. Regardless of choice of law, we generally cannot get this limited or excluded in contracts with owners, either. I think you should not accept any GE attempt to limit this by means of the cap on liability or otherwise , and should avoid muddying the water on the point by taking any "to the fullest extent permitted by law" clause or other such stuff as a compromise. It will be important every time we wrap the GE equipment. 2. Generally, I do not think they should be able to limit their indemnity for Haz Mat, patents, etc. 3. They have consistently refused to clarify that the indemnity for all third party losses includes third party consequentials when Brian or whoever else over here has been the lead negotiator with GE in the past. I would like to think that we could get it clarified now that the larger Enron is working it. Please try it again if you can. Scott Dieball 09/11/2000 07:29 PM To: Kay Mann/Corp/Enron@ENRON cc: Brian D Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Martin W Penkwitz/NA/Enron@Enron, Roseann Engeldorf/Corp/Enron@ENRON, Sheila Tweed/HOU/ECT@ECT@ENRON, Ben Jacoby/HOU/ECT@ECT@ENRON Subject: Re: GE Language (Document link: John Schwartzenburg) See my comments in blue below. To: Scott Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Brian D Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Martin W Penkwitz/NA/Enron@Enron, Roseann Engeldorf/Corp/Enron@ENRON, Sheila Tweed/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT cc: Subject: GE Language I'm not particularly wild about many of the changes proposed by GE. Agree. Seems that it would be a good idea to get a consensus on how to respond. Here are the issues I see: Indemnity issues: They should indemnify us from claims by their employees/subcontractors. Kay - Is your comment in connection with GE's comment to Section 27.1(iii) (carve out of the 100% LOL for "gross acts" of its subcontractors, vendors, ect.)? GE is in an aggressive outsource mode and needs to remain solely and totally responsible for the actions and liabilities for its subcontractors and vendors. I think Section 20.2(a) as written covers simple negligence of GE's subcontractors and vendors and I would argue that we need to keep Section 27.1(iii) as written dealing with gross negligence of GE's subcontractors and vendors. Indemnity should be triggered by strict liability as well as negligence. Agree - Maybe we could agree to GE's strike out in 20.2(a) provided the phrase "negligent or willfully wrongful" is replaced with "negligent, at fault or strictly liable without fault" (or some variation thereof). What is a cognizant government? Don't know! This was not discussed with MIke so I am not sure what is the meaning of adding this term. We need to also think in terms of how we could be harmed in a situation where GE fails to comply with law, and instead of Enron incurring a monetary penalty, is ordered to shut down the facility. Limit of liability issues: They want to limit their indemnity obligations for complying with laws, patent infringement, liability for haz. waste and liens to 100% of purchase price. They want the limit of liability to apply to gross negligence, if possible. Agree - See 1st comment above re indemnity. They don't want to clarify that they have to indemnify us for another party's claim for consequentials (as in a personal injury claim). Agree. We've don't have anything concrete on assignment yet. Agree. Comments? I suggest we get together before our next scheduled conf. call to discuss our game plan. Sheila has asked that we change Wednesday's call to 1100 Central, or 100 Central if 1100 doesn't work. Is this a problem? Works for me...just let me know when, where, ect. Kay They should have to ---------------------- Forwarded by Kay Mann/Corp/Enron on 09/11/2000 04:07 PM --------------------------- [email protected] on 09/07/2000 07:46:07 PM To: [email protected], [email protected], [email protected], [email protected], [email protected], [email protected] cc: [email protected] Subject: GE Language Folks, Having conferred at last with my colleagues, I can now forward to you our draft language for the Indemnity and LOL clauses. As Steve mentioned in his earlier message, he has suggested some issues to discuss which could bring us closer to resolution on that issue. Please let me know if you have any question! Best regards, Mike g _____________ Michael C. Barnas Counsel, Power Plants Commercial Operations GE Power Systems One River Road - Building 37, Room 307 Schenectady, NY 12345 USA Phone 8*235-7602 (518) 385 7602 Fax 8*235 5466 (518) 385 5466 Mobile 518 369 9538 (See attached file: MajorClausesGE01.doc) - MajorClausesGE01.doc
BUSINESS HIGHLIGHTS Enron Industrial Markets The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM. TD is responsible for asset and corporate acquisitions to support EIM's efforts in the Forest Products and Steel industries. TD works with EIM's Forest Products and Steel Origination groups to structure and execute complex transactions for EIM's customers. TD also manages EIM's equity investments, such as EIM's ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada. TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering. In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization. Enron Freight Markets Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week. There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move. IN THE NEWS "Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions. As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001 WELCOME New Hires EIM - Cheryl Lindeman ENA - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy Transfers (to or within) ENA - Grace Taylor, Steven Irvin, Dina Snow NUGGETS & NOTES Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001. Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376. This is a great event for "new" as well as established customers. There will be a cocktail reception immediately after the presentations. Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco. Dates to be announced soon. Travel tip of the week: Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge. EnronOnline Statistics Below are the latest figures for EnronOnline as of May 29, 2001. * Total Life to Date Transactions > 1,015,000 * Life to Date Notional Value of Transactions > $610 billion NEWS FROM THE GLOBAL FLASH Enron arranges first gas pipeline import into Italy Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy. The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy. Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from Ruhrgas and TransitGas respectively. Aside from isolated LNG imports by incumbent monopolies this is the first time that any company has managed to import natural gas by pipeline into Italy since the Italian gas sector was officially liberalised in August 2000. The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be used to meet the needs of two thirds of Blugas' residential customers within the four municipalities. The current contract lasts for five months. Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh, Marco Lantieri and Daniela Uguccioni. Enron in the Middle East Enron has relinquished its stake in Dolphin Energy, the joint venture company formed to develop gas reserves in Qatar. Enron has agreed to transfer its 24.5 per cent stake in the project to the United Arab Emirates Offset Group (UOG), the majority shareholder. The agreement allows Enron to deploy capital elsewhere and gives UOG the opportunity to seek new partners before the project moves into its next phase. Development of the Emden/Oude gas hub moves ahead fast An important milestone in the evolution of the new gas trading hub on the Dutch-German border was reached last week. Last Friday some of the major European gas players held a meeting to officially establish the Emden/Oude gas hub. Although Enron had already initiated the development of the Emden/Oude hub by making a market through EnronOnline as early as December 2000, the goal of this meeting was to set up a working group similar to the Zeebrugge focus group who can work on setting a legal framework for the Emden/Oude hub. Enron was elected as the only new market entrant in this group, reflecting the high level of respect industry peers have for Enron as a major player in the Continental gas market -- even from incumbents! LEGAL STUFF The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries. It is intended for internal use only and should not be disclosed. <Embedded Picture (Metafile)>
Guys, I am in complete agreement on the strategy. This has been discussed for some time, Dave Duran and his group have distinct goals to move this strategy forward in 2001. Regards Delainey ---------------------- Forwarded by David W Delainey/HOU/ECT on 01/19/2001 09:30 AM --------------------------- From: Doug Leach 01/19/2001 08:19 AM To: David W Delainey/HOU/ECT@ECT cc: Subject: Re: coal plants fyi--see attached ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/19/2001 08:23 AM --------------------------- From: Doug Leach 01/16/2001 05:26 PM To: Michael J Beyer/HOU/ECT@ECT cc: Randal Maffett/HOU/ECT@ECT, Tom Briggs/NA/Enron@Enron Subject: Re: coal plants Since Randy knows alot about power by wire I guess I under estimated the costs/feasibility of my mine mouth strategy. Still seems to make sense to promote clean buring coal plants to reduce America's dependence on foreign oil or straining a maxed out natural gas system. Is this something we should have Tom Briggs in the Enron Washington, DC office push? ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/16/2001 05:22 PM --------------------------- Randal Maffett 01/16/2001 04:58 PM To: Doug Leach/HOU/ECT@ECT cc: Subject: Re: coal plants B'fast Friday looks fine, it's on the calendar! Re: the coal strategy, you're exactly right. There is however one major impediment. While locating the plant near/at the source (i.e., mine-mouth) will ease transport costs for coal, there aren't many major coal mines located in the prime market zones for power. The transmission (wires) grid was not built to accomodate wholesale bulk trading/transport the way gas does and the impediments to expanding the grid are enormous (infinitely more so than building new plants). For example, the average lead time to permit (not built, just permit) a high-voltage power line is 5-7 years! As a result, a medium sized line (345kv, 200 miles) can cost upwards of $1-2 billion! That was the most frustrating part of the 18 months I chased this stuff. While the basic solutions appear to be so logical, the business (the utilities), regulatory and environmental regimes are so backwardated in their thinking that breaking in was basically impossible. Unless we're willing to put a billion $ at risk for 5-7 years on a merchant basis! (NOT!) Hell, you can't even get $100 million for your refinery deal! Solving the power supply shortage is only part of the equation and your coal idea is legitimate as new technology can burn coal almost as clean as gas. But until the FERC and state PUCs force the issue of expanding the grid to become a more "fungible" and integrated transmission system, the utilities will continue to operate in their vacuum as these transmission barriers are the only things protecting their turfs. Even though some have given the appearance of forming RTO's/ISO's (regional transmission organizations or independent system operators) this is simply a facade of utilities banding together to cover each other's asses. The assets are still owned by the utilities themselves and the RTO/ISO has no authority to mandate expansion or anything requiring capital investment, other than routine maintenance, etc... That's the whole genesis of what I was trying to preach to FERC, various utilities who "appeared" to be more forward thinking about dereg, etc... Basically, you'd be trading one evil (transport for fuel) for another (transport for electrons) and I'm afraid the latter is infinitely more complex (engineering wise) and costly. See ya' Friday! From: Doug Leach 01/16/2001 04:22 PM To: Randal Maffett/HOU/ECT@ECT cc: Subject: Re: coal plants is this something Enron should revisit and not be so shortsighted? Beth scheduled us for breakfast on Friday morning at the Doubletree. Does that work for you? ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/16/2001 04:21 PM --------------------------- To: Doug Leach/HOU/ECT@ECT cc: Jeffrey A Shankman/HOU/ECT@ECT, Marc De La Roche/HOU/ECT@ECT, Michael J Beyer/HOU/ECT@ECT Subject: Re: coal plants Doug -Mike Beyer worked on this idea last summer. The problem we had was our need to focus on shorter term opportunities - and the bodies that would be required to do a good job. I know that ENA is / was looking at some brownfield opportunities - but I haven't heard of any developments. Thanks, George From: Doug Leach 01/16/2001 04:10 PM To: George McClellan/HOU/ECT@ECT cc: Jeffrey A Shankman/HOU/ECT@ECT, Marc De La Roche/HOU/ECT@ECT Subject: coal plants George, I'm sure I am way over simplifying this, but in light of current natural gas prices and the past success ENA had building six natural gas power plants wouldn't the same template work for building coal fired power plants in the US? I'm sure the choosing of potential sites and the overall permitting process is far more severe than the natural gas process, but it would seem Enron could and should be a leader in proposing new coal plants. Wouldn't it make sense to build a state of the art coal power plant closer to the actual coal supply, whereby we avoid the ever increasing transportation costs and then supply power by wire to surrounding states. States rich in coal reserves are always looking for more jobs which a new power plant would create and therefore may speed the permitting process along. Building the power transmission infrastructure across state lines may be cost prohibitive, but has this approach been analyzed by the coal group? Regards, Doug
You may have seen this... ---------------------- Forwarded by Kay Mann/Corp/Enron on 02/22/2001 09:24 AM --------------------------- From: Mark E Haedicke@ECT on 02/21/2001 03:17 PM Sent by: Janette Elbertson@ECT To: Alan Aronowitz/HOU/ECT@ECT, Roger Balog/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron, Teresa G Bushman/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, 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, Shawna Flynn/HOU/ECT@ECT, Chris Gaffney/TOR/ECT@ECT, Robert H George/NA/Enron@Enron, Barbara N Gray/HOU/ECT@ECT, James Grace/Corp/Enron@ENRON, Mark Greenberg/NA/Enron@ENRON, Wayne Gresham/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Karen E Jones/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kay Mann/Corp/Enron@Enron, Jane McBride/AP/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT, Marcus Nettelton/NA/Enron@ENRON, Limor Nissan/NYC/MGUSA@MGUSA, John Novak/SA/Enron@Enron, Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Angeline Poon/SIN/ECT@ECT, David Portz/HOU/ECT@ECT, Dale Rasmussen/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, Shari Stack/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Carlos Sole/NA/Enron@Enron, 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, Stuart Zisman/HOU/ECT@ECT, 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, Linda R Guinn/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron, Deb Korkmas/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Mary Ogden/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT, Larry Pardue/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Andrea Calo/SA/Enron@Enron, Brent Hendry/NA/Enron@Enron, David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Greg Johnston/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT, Justin Boyd/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Mark Elliott/LON/ECT@ECT, Mark Evans/Legal/LON/ECT@ECT, Denis O'Connell/LON/ECT@ECT, Robert Quick/LON/ECT@ECT, Paul Simons/LON/ECT@ECT, Martin Rosell/OSL/ECT@ECT, Rahul Saxena/LON/ECT@ECT, Greg Johnston/CAL/ECT@ECT, Mark Powell/CAL/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Matthias Lee/SIN/ECT@ECT, Suzanne Adams/HOU/ECT@ECT, Connie Castillo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sheri L Cromwell/HOU/ECT@ECT, Margaret Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Janette Elbertson/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Carolyn George/Corp/Enron@ENRON, Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jan M King/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT, Becky Spencer/HOU/ECT@ECT, Linda J Simmons/HOU/ECT@ECT, Dina Snow/Corp/Enron@Enron, Twanda Sweet/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Yo Yamanishi/AP/Enron@Enron, Claudia Meraz/HOU/ECT@ECT, Reginald Shanks/HOU/ECT@ECT, Wendi Hoelscher/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, MaryHelen Martinez/NA/Enron@Enron, Sami Arap/SA/Enron@Enron, Luiz Watanabe/SA/Enron@Enron, Andrea Calo/SA/Enron@Enron, Patricia Dutra/SA/Enron@Enron, Karla Azevedo/SA/Enron@Enron, Nancy Muchmore/NA/Enron@Enron, Sandra Vassel/SA/Enron@Enron, Miguel Mendoza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Fabian Valle/SA/Enron@Enron, Paula Porto/SA/Enron@Enron, Celina Ozorio/SA/Enron@Enron, Maria Pia Beccaccini/SA/Enron@Enron cc: Subject: Organizational Announcement We are pleased to announce organizational changes to the Enron South America legal department in response to the recent reorganization and realignment of the principal Enron Wholesale Services business units operating in the region, Enron Americas and Enron Global Assets. Randy Young, currently General Counsel of ESA, will be assuming new responsibilities within Enron. John Novak will become General Counsel of ESA, reporting to Mark Haedicke. The ESA legal department will be responsible for supporting all Enron Americas and Enron Global Assets businesses in the region. Additional legal resources, coordinated by Lance Schuler, will be provided from EWS Legal in Houston to support ESA's wholesale activities. John will also work closely with Bruce Lundstrom, General Counsel of EGA, to coordinate legal support with respect to the EGA businesses in the region. An organizational chart describing the new structure is attached. This new structure will enable us to continue to provide quality legal support across business lines within South America while improving coordination and providing additional support from Houston for Enron's existing operating businesses, as well as the new business development initiatives under way in the region.
Guys, I am in complete agreement on the strategy. This has been discussed for some time, Dave Duran and his group have distinct goals to move this strategy forward in 2001. Regards Delainey ---------------------- Forwarded by David W Delainey/HOU/ECT on 01/19/2001 09:30 AM --------------------------- From: Doug Leach 01/19/2001 08:19 AM To: David W Delainey/HOU/ECT@ECT cc: Subject: Re: coal plants fyi--see attached ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/19/2001 08:23 AM --------------------------- From: Doug Leach 01/16/2001 05:26 PM To: Michael J Beyer/HOU/ECT@ECT cc: Randal Maffett/HOU/ECT@ECT, Tom Briggs/NA/Enron@Enron Subject: Re: coal plants Since Randy knows alot about power by wire I guess I under estimated the costs/feasibility of my mine mouth strategy. Still seems to make sense to promote clean buring coal plants to reduce America's dependence on foreign oil or straining a maxed out natural gas system. Is this something we should have Tom Briggs in the Enron Washington, DC office push? ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/16/2001 05:22 PM --------------------------- Randal Maffett 01/16/2001 04:58 PM To: Doug Leach/HOU/ECT@ECT cc: Subject: Re: coal plants B'fast Friday looks fine, it's on the calendar! Re: the coal strategy, you're exactly right. There is however one major impediment. While locating the plant near/at the source (i.e., mine-mouth) will ease transport costs for coal, there aren't many major coal mines located in the prime market zones for power. The transmission (wires) grid was not built to accomodate wholesale bulk trading/transport the way gas does and the impediments to expanding the grid are enormous (infinitely more so than building new plants). For example, the average lead time to permit (not built, just permit) a high-voltage power line is 5-7 years! As a result, a medium sized line (345kv, 200 miles) can cost upwards of $1-2 billion! That was the most frustrating part of the 18 months I chased this stuff. While the basic solutions appear to be so logical, the business (the utilities), regulatory and environmental regimes are so backwardated in their thinking that breaking in was basically impossible. Unless we're willing to put a billion $ at risk for 5-7 years on a merchant basis! (NOT!) Hell, you can't even get $100 million for your refinery deal! Solving the power supply shortage is only part of the equation and your coal idea is legitimate as new technology can burn coal almost as clean as gas. But until the FERC and state PUCs force the issue of expanding the grid to become a more "fungible" and integrated transmission system, the utilities will continue to operate in their vacuum as these transmission barriers are the only things protecting their turfs. Even though some have given the appearance of forming RTO's/ISO's (regional transmission organizations or independent system operators) this is simply a facade of utilities banding together to cover each other's asses. The assets are still owned by the utilities themselves and the RTO/ISO has no authority to mandate expansion or anything requiring capital investment, other than routine maintenance, etc... That's the whole genesis of what I was trying to preach to FERC, various utilities who "appeared" to be more forward thinking about dereg, etc... Basically, you'd be trading one evil (transport for fuel) for another (transport for electrons) and I'm afraid the latter is infinitely more complex (engineering wise) and costly. See ya' Friday! From: Doug Leach 01/16/2001 04:22 PM To: Randal Maffett/HOU/ECT@ECT cc: Subject: Re: coal plants is this something Enron should revisit and not be so shortsighted? Beth scheduled us for breakfast on Friday morning at the Doubletree. Does that work for you? ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/16/2001 04:21 PM --------------------------- To: Doug Leach/HOU/ECT@ECT cc: Jeffrey A Shankman/HOU/ECT@ECT, Marc De La Roche/HOU/ECT@ECT, Michael J Beyer/HOU/ECT@ECT Subject: Re: coal plants Doug -Mike Beyer worked on this idea last summer. The problem we had was our need to focus on shorter term opportunities - and the bodies that would be required to do a good job. I know that ENA is / was looking at some brownfield opportunities - but I haven't heard of any developments. Thanks, George From: Doug Leach 01/16/2001 04:10 PM To: George McClellan/HOU/ECT@ECT cc: Jeffrey A Shankman/HOU/ECT@ECT, Marc De La Roche/HOU/ECT@ECT Subject: coal plants George, I'm sure I am way over simplifying this, but in light of current natural gas prices and the past success ENA had building six natural gas power plants wouldn't the same template work for building coal fired power plants in the US? I'm sure the choosing of potential sites and the overall permitting process is far more severe than the natural gas process, but it would seem Enron could and should be a leader in proposing new coal plants. Wouldn't it make sense to build a state of the art coal power plant closer to the actual coal supply, whereby we avoid the ever increasing transportation costs and then supply power by wire to surrounding states. States rich in coal reserves are always looking for more jobs which a new power plant would create and therefore may speed the permitting process along. Building the power transmission infrastructure across state lines may be cost prohibitive, but has this approach been analyzed by the coal group? Regards, Doug
COLUMBIA GAS TRANSMISSION CORPORATION NOTICE TO ALL INTERESTED PARTIES OCTOBER 25, 2001 Notice ID: 3210 5 - NO RESPONSE REQUIRED SUBJECT: REVISED-CAPACITY UPDATE EFFECTIVE FOR FRIDAY, OCTOBER 26, 2001 CHANGES ARE INDICATED WITH AN * Effective Friday, October 26, 2001, capacities will be as follows: Excess MDWQ Available + ISS Withdrawals Available SIT Withdrawals Available Imbalance Drawdowns Available Excess MDIQ NOT Available + ISS Injections NOT Available SIT Injections NOT Available Imbalance Paybacks NOT Available PAL Lends/Unparks Available PAL Parks/Loan Paybacks NOT Available + Call Gas Control 24 hours in advance at (304) 357-2606 to request approval. Non-firm receipt capacity will be as follows: TENNESSEE: Brinker (B12) 20,000 Broad Run (B9) 300,000 Cambridge (B10) 20,000 Dungannon (B11) 20,000 Highland (B17) 0 * NOTE: GAS RECEIVED AT HIGHLAND MUST BE DELIVERED IN THE NORTHERN PORTION OF MARKET AREA 38 OR THE NORTHWEST LATERAL OF MARKET AREA 36, DIRECTLY NORTH OF HIGHLAND. Milford (B18) 20,000 North Greenwood (B22) 0 Unionville (B15) 50,000 NOTE: EFFECTIVE THURSDAY, AUGUST 16, 2001, ANY SHIPPER UTILIZING A CONTRACT THAT HAS A PRIMARY RECEIPT POINT(S) WITH THE FOLLOWING POINTS, MUST UTILIZE THESE POINTS: Brinker (B12) Cambridge (B10) Dungannon (B11) Highland (B17) Milford (B18) Unionville (B15) TEXAS EASTERN: Delmont (C16) 0 Eagle (C22) 20,000 Hooker (C9) 20,000 Pennsburg (C23) 20,000 Windridge (C12) 20,000 NATIONAL FUEL: Independence (M1) 0 Ellwood City (L1) 15,000 TRANSCO: Downingtown (E3) 2,500 Emporia I (E13) 60,000 Rockville (E2) 0 Dranesville (E1) 0 EQUITABLE GAS: * Hi Hat (F3) 0 * KENTUCKY WEST VIRGINIA (KYWV): * Beaver Creek (H1) 0 * CNR PIPELINE: * Boldman (CNR02) 0 * Conoway (CNR03) 0 * Johns Creek (CNR08) 0 * Canada (CNR09) 0 * Canada (CNR10) 0 * Stafford (CNR11) 0 * Thacker/Majestic (CNR12) 0 * Briar Mtn. (CNR13) 0 * Huff Creek (CNR14) 0 * CONOCO: 0 * Grant (P1) 0 * NOTE: ANY APPALACHIAN PRODUCTION FLOWING DIRECTLY INTO COLUMBIA'S LINE KA BETWEEN COLUMBIA'S BOLDMAN COMPRESSOR STATION AND COLUMBIA'S HUFF CREEK COMPRESSOR STATION AS WELL AS PRODUCTION FLOWING INTO COLUMBIA'S LINES SM-116, KA-15, PM-3, AND PM-17 IS 0 NON-FIRM. * ALGONQUIN: Ramapo (R1) 75,000 ANR: Paulding/Cecil 30,000 (F1, A2) LEBANON AGGREGATE 100,000 (A4, F2, C4, D3) TOLEDO AGGREGATE 100,000 (A3, F4, 734462) COLUMBIA GULF: (801) TCO-Leach 700,000 Internal point non-firm capacity will be as follows: Lanham 0 * Delivery capacity (non-firm) will be as follows: TRANSCO: Martins Creek 10,000 (MLI E5) Young Woman's Creek 10,000 (MLI E9) ALGONQUIN: Hanover 0 (MLI R2) EQUITRANS: Fallen Timber 31,000 (MLI K1) Waynesburg-Rhinehart 20,000 (MLI K2) OPT-30 will be available in all market areas. OPT-60 will be available in all market areas. Market Area delivery capacity (non-firm) will be as follows: Operating Area 1 Market Area 33 No Restrictions Market Area 34 No Restrictions Operating Area 2 Market Area 20 No Restrictions Operating Area 3 Market Area 15 No Restrictions Market Area 16 No Restrictions Market Area 17 No Restrictions Market Area 18 No Restrictions Market Area 19 No Restrictions Operating Area 4 Market Area 21 No Restrictions Market Area 22 No Restrictions Market Area 23 No Restrictions Market Area 24 No Restrictions Market Area 25 No Restrictions Market Area 29 No Restrictions Operating Area 5 Market Area 02 No Restrictions Market Area 07 No Restrictions Operating Area 6 Market Area 10 No Restrictions Market Area 11 No Restrictions Market Area 12 No Restrictions Market Area 13 No Restrictions Market Area 14 No Restrictions Operating Area 7 Market Area 01 No Restrictions Market Area 03 No Restrictions Market Area 04 No Restrictions Market Area 05 No Restrictions Market Area 06 No Restrictions Market Area 08 No Restrictions Market Area 09 No Restrictions Operating Area 8 Market Area 26 No Restrictions Market Area 27 No Restrictions Market Area 32 No Restrictions Market Area 35 No Restrictions Market Area 36 * No restrictions for southern part of Market Area 36. Primary receipts/deliveries only for gas delivered in the northern portion of Market Area 36. * Market Area 38 No Restrictions Market Area 39 No Restrictions Market Area 40 No Restrictions Operating Area 10 Market Area 28 No Restrictions Market Area 30 No Restrictions Market Area 31 No Restrictions If you have any questions, please contact your Account Representative.
---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 03/28/2001 12:00 PM --------------------------- "Ryan Lee" <[email protected]> on 03/27/2001 05:39:29 PM To: "Ted Leighty" <[email protected]>, "Pedar Kjesth" <[email protected]>, <[email protected]>, <[email protected]>, "JAKE Istnick" <[email protected]>, "David Shaw" <[email protected]>, <[email protected]>, "Claude.Aldridge" <[email protected]>, "Chris Tuttle" <[email protected]>, "Brian Beggs" <[email protected]>, "Ben Abendroth" <[email protected]>, "Bagby, Joel" <[email protected]>, "Andy Patton" <[email protected]> cc: Subject: Fw: What We've Learned From Watching Porn...... SO TRUE!! ? ----- Original Message ----- From: Lee, Ryan To: '[email protected]' Sent: Tuesday, March 27, 2001 3:55 PM Subject: FW: What We've Learned From Watching Porn...... ? -----Original Message----- From: Williams, Zach Sent: Tuesday, March 27, 2001 3:39 PM To: Lee, Ryan Subject: FW: What We've Learned From Watching Porn...... ? ? Message-ID: <[email protected]> From: Steve Renz <[email protected]> To: [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected] Subject: Fwd: What I've Learned From Watching Porn Date: Tue, 27 Mar 2001 13:21:05 -0700 MIME-Version: 1.0 X-Mailer: Internet Mail Service (5.5.2653.19) Content-Type: multipart/alternative; boundary="----_=_NextPart_003_01C0B711.156EBDC0" ----Original Message Follows---- From: "Brett Beezley" <[email protected]> To: [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected] Subject: Fwd: What I've Learned From Watching Porn Date: Tue, 27 Mar 2001 13:08:16 -0600 >From: "Jacob Reimer" <[email protected]> >To: [email protected], [email protected], [email protected], >[email protected], [email protected], [email protected], >[email protected], [email protected], [email protected], >[email protected], [email protected], [email protected], >[email protected], [email protected], [email protected], >[email protected], [email protected], [email protected], >[email protected], [email protected], >[email protected], [email protected] >Subject: Fwd: What I've Learned From Watching Porn >Date: Tue, 27 Mar 2001 12:52:05 -0600 > > > > >>From: "Robert Fanelli" <[email protected]> >>To: [email protected], [email protected], >>[email protected], [email protected], [email protected], >>[email protected], [email protected], [email protected], >>[email protected], [email protected], [email protected] >>Subject: What I've Learned From Watching Porn >>Date: Tue, 27 Mar 2001 10:06:47 -0500 >> >>What I've Learned From Watching Porn >> >>1.? Women wear high heels to bed. >>2.? Men are never impotent. >>3.? When going down on a woman 10 seconds is more than satisfactory. >>4.? If a woman gets busted masturbating by a strange man, she will not >>??? scream with embarrassment, but rather insist he have sex with her. >>5.Women smile appreciatively when men splat them in the face with sperm. >>6.? Women enjoy having sex with ugly, middle-aged men. >>7.? Women moan uncontrollably when giving a blowjob. >>8.? Women always orgasm when men do. >>9.? A blowjob will always get a woman off a speeding ticket. >>10. All women are noisy fucks. >>11. People in the 70's couldn't fuck unless there was a wild guitar solo >>??? in the background. >>12. Those tits are real. >>13. A common and enjoyable sexual practice for a man is to take his >>??? half-erect penis and slap it repeatedly on a woman's butt. >>14. Men always groan "OH YEAH!" when they cum. >>15. If there is two of them they "high five" each other.(and the girl >>??? isn't disgusted!) >>16. Double penetration makes women smile. >>17. Asian men don't exist. >>18. If you come across a guy and his girlfriend having sex in the >>??? bushes, the boyfriend won't bash seven shades of shit out of you >>??? if you shove your cock in his girlfriend's mouth. >>19. There's a plot. >>20. When taking a woman from behind, a man can really excite a woman by >>??? giving her a gentle slap on the butt. >>21. Nurses suck patient's cocks. >>22. Men always pull out. >>23. When your girlfriend busts you getting head from her best friend, >>??? she'll only be momentarily pissed off before fucking the both of >>??? you. >>24. Women never have headaches... or periods. >>25. When a woman is sucking a man's cock, it's important for him to >>??? remind her to "suck it". >>26. Assholes are clean. >>27. A man ejaculating on a woman's butt is a satisfying result for all >>??? parties concerned. >>28. Women always look pleasantly surprised when they open a man's >>??? trousers and find a cock there. >>29. Men don't have to beg. >>30. When standing during a blowjob, a man will always place one hand >>??? firmly on the back of the kneeling woman's head and the other >>??? proudly on his hip >> >> > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com
Chicago Residents, Natural Gas Bills Could Rise 50 Percent Source: Knight Ridder/Tribune Business News Publication date: 2000-10-03 Oct. 3--Chicago residents are likely to see their natural gas heating bills jump as much as 50 percent this season, officials with Peoples Energy Corp. said Monday. Prices for natural gas are almost double what they were a year ago, pushed upward as the nation's booming economy makes demands on a tight supply. And many electric utilities are switching from coal-fired generation plants to natural gas generation plants, adding to pressure on the supply. Natural gas prices were about $1.85 per metric thousand cubic feet at the source last year. But through July of this year, the price was $3.49 per mcf--an 89 percent increase. Those prices may translate to sticker shock when Chicago-area consumers open their bills this winter. For October 1999 through March 2000, the average Peoples Energy residential customer who uses natural gas for home heating and cooking paid $735. This season, Peoples Energy is projecting that same customer will pay $1,083, said Luis Diaz-Perez, a Peoples spokesman. "We are going to continue to communicate with our customers on ways to manage this winter's bill, whether that be through tips on economizing at home or information about payment plans and financial assistance programs," Diaz-Perez said. In July, Nicor Inc. predicted that its customers, located primarily in the Chicago suburbs, could see their bill rise by as much as $200 over last year for the same six-month period. But Nicor expects to revise that prediction upward this week, said Lee Haines, a spokesman for Nicor. Haines noted that the October gas cost for Nicor customers is 63 cents per therm, up from 51.5 cents per therm for September. And the October cost per therm is 70 percent higher than last year's cost of 37 cents per therm, Haines said. Said Marty Cohen, executive vice president of the Citizens Utility Board in Chicago: "Most consumers are unaware of what they are in for this winter. They haven't taken note that gas prices are dramatically higher than they were a year ago." Cohen suggested that consumers study the gas companies' varied payment options to determine whether spreading payments out evenly over the year would make economic sense for their families. As expensive as it's likely to be to heat a Chicago-area home this winter, prices are higher in other areas, says Donato Eassey, first vice president for natural gas research at Merrill Lynch in Houston. Nationally, Eassey said, residential prices for natural gas have escalated 88 percent over last year. "If they are only increasing 48 percent in the Chicago area, they've done a good job of keeping costs down," Eassey said. Eassey also said that even if the predicted price increases occur, the cost of natural gas is still much lower than it has been in the past. Consumers enjoyed a significant decrease in gas prices between mid-1984 and 1999, with prices on average down 2 percent or 3 percent, though the consumer price index stayed steady, Eassey noted. "We've been spoiled by cheap energy," Eassey said. "It's still the best bargain in town." But Eassey noted that rising prices appear to be encouraging gas companies to push for exploration, which in the long run could increase supply and keep the lid on prices. When prices were low, Eassey said, "we just didn't have the drill bit turning to the right often enough. There was not enough incentive to invest in new prospects." Last year, the number of rigs drilling for natural gas was 597; now the number is up to 806, a 35 percent increase, he said. Severin Borenstein, the director of the University of California at Berkeley's Energy Institute, agreed that high energy prices are likely to encourage energy companies to look for new sources of supply. "The politics are such that the higher prices are going to add fuel to the debate over drilling for fossil fuels in North America," especially in normally sacrosanct areas such as Alaska, Borenstein said.
Russell, The below two documents are the credit worksheet and the contract relationship documents which you provided. The credit worksheet states that the guaranty should cover ENA, EPMI, ECC and Clinton Energy Management Services, Inc. and additionally should cover the master energy agreement with EPMI. Do we have a date of execution or effective date for such master energy agreement. The contract relationship document merely states that the guaranty should cover the new master firm purchase sale agreement that ENA is negotiating with Engage and an master energy agreement between EPMI and ____. No agreements of any type are specified for ECC or Clinton Energy Management Services, Inc. Also, are any of the Master Swap agreements that ENA has with Engage to be covered by the requested guaranty? I believe that we need to get together at your convenience and determine exactly which contracts Enron Corp. is to cover with the guaranty agreement being offered as a part of the security for the Master Firm Purchase Sale Agreement. Please let me know when you will be available to discuss. Russell Diamond 10/13/2000 10:57 AM To: Dan J Hyvl/HOU/ECT@ECT cc: Debra Perlingiere/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT Subject: Re: Engage Dan, I provided all the information that you are asking for on the original credit worksheet I e-mailed to ENA legal on August 29. You will notice in the comments section the Enron entities I wanted covered in the guaranty along with the Contracts that needed to be reference. If you need a copy the specific contracts that need to be covered they can be obtained through the documentation group, or through 'Live Link' on our computers. Please make note of the name change that has now occurred with respect to Engage. Russell Dan J Hyvl 10/13/2000 10:24 AM To: Russell Diamond/HOU/ECT@ECT cc: Debra Perlingiere/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT Subject: Re: Engage Russell, We need closure on the guaranty issue. All of the guaranty formats you provided to me covered specific enron entities under specific contracts that were identified in the guaranty. If you can give me the specific contracts for each of the other enron entities you want covered by the Gas physical master contract of ENA whose payment obligations to Engage Energy Marketing, L.P.you want guarantied by Enron, I will take the lead to draft the guaranty and have it forward to Enron Corp for approval prior to sending it out as a draft to Engage Energy Marketing, L.P. Russell Diamond 10/13/2000 10:11 AM To: Dan J Hyvl/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT cc: Jeffrey T Hodge/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT Subject: Re: Engage Dan, This is in response to my continued efforts with legal to make note of my intended priority of executing a Master Firm with Coastal Energy (formerly Engage US). As previous e-mails below indicate and phone calls with the ENA legal group and Coastal, the draft has yet to be sent out. I have confirmed with Coastal today, they have STILL not received the draft although are expecting this from ENA. We have outstanding exposure with this entity and is important from a credit, legal, and contractual standpoint that an agreement is executed. I understand that in the past they have been unwilling to negotiate a Master although I want one put in place. Please do what you need to, to get this draft sent to the counterparty. Regards, Russell ---------------------- Forwarded by Russell Diamond/HOU/ECT on 10/13/2000 10:00 AM --------------------------- From: Russell Diamond 09/28/2000 10:07 AM To: Dan J Hyvl/HOU/ECT@ECT cc: Debra Perlingiere/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT Subject: Re: Engage Dan, Per Debra's e-mail to me, why can we not include other entities on this guaranty, it seems we have got guaranty's in place with other counterparty's in which they reference specific contracts as well as entities not related to the contract, i.e. Sempra, Duke, Aquila, Dynegy,...... Dan, I see the execution of this contract as a priority considering the trading volumes on Enron Online and current market conditions. I know in the past, we have been unable to negotiate a Master Firm with Engage US, although their legal group is fully aware of our request to negotiate a contract. Please send the draft out to the contact listed on the credit worksheet and priortize the negotiation of this contract. Regards, Russell DEBRA PERLINGIERE 09/27/2000 12:05 PM To: Russell Diamond/HOU/ECT@ECT cc: Dan J Hyvl/HOU/ECT@ECT Subject: Engage This draft has not been sent due to pending guaranty issues. The attached has guaranties for The Coastal Corporation and Enron Corp. for 20mm / 30 mm ( per your change) and are specific to this agreement. Dan has advised the guaranties are written for the agreement and we cannot change to include other Enron Companies. You will need to contact Enron Corp. for a guaranty to included other companies. Please let me know how you wish to proceed. Finally, the contact on your worksheet is Faye Carlin (713) 877-7133 Debra Perlingiere Enron North America Corp. Legal Department 1400 Smith Street, EB 3885 Houston, Texas 77002 [email protected] Phone 713-853-7658 Fax 713-646-3490
All - I'll be happy to do the legal due dliligence and ISDA documentation from here. Bill/Cynthia: Please let me know who in Credit will be handling this so that I can coordinate with them when the need arises. Sara: When Janice mentioned the legal due diligence with regard to commodity derivatives in the Philippines, did she mean the legal survey done by Allen & Overy? If so , I've got copies of all that and can take it from here. If that isn't the case and you've done more ISDA work in the Phillipines since then, I'd be forever grateful if you could send over whatever copies of the stuff which you have for me to suss out the situation there. Mark T. /Janice: Is there any particular law firm whom we should work with this time round? Thanks, all. Rgds, Anita Alan B Aronowitz 07/16/99 10:41 PM To: Janice Moore/HOU/ECT@ECT cc: Anita Fam/SIN/ECT@ECT, William S Bradford/HOU/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT, Cynthia L Schneider/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT Subject: Re: Update on Petron Hedging Program Anita/Sara: I would suggest that Anita handle while coordinating with Sara on the background of the previous work product. Alan Janice Moore 07/13/99 10:19 AM To: Anita Fam/SIN/ECT@ECT, William S Bradford/HOU/ECT@ECT cc: Mark - ECT Legal Taylor/HOU/ECT@ECT, Alan B Aronowitz/HOU/ECT@ECT, Cynthia L Schneider/HOU/ECT@ECT Subject: Re: Update on Petron Hedging Program Well, it looks like we might have a shot at an ISDA w/ a PHilippines company. One issue that discussed w/ Manuel but he does not mention in his note is that we would probably require an enforceability opinion from Petron (a compnay jointly owned by the PHilippines govt and Saudi Aramco). I'm not sure which credit dept. would handle this deal, but Cynthia Schnedier has some familiarity w/ Petron. I'll leave it to Mark, Alan and Anita to determine whether Anita will handle the ISDA or whether it will be someone from Houston (Sara S. did the original legal due diligence on the enforceability of commodities derivatives contracts in the PHilippines). ---------------------- Forwarded by Janice Moore/HOU/ECT on 13.07.99 10:15 --------------------------- Wang Moi Eng 12.07.99 22:31 To: "Manuel Gallego/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL @ ENRON cc: John Chismar/SIN/ECT, Hans Wong/SIN/ECT@ECT, Mike Brown@ENRON, Janice Moore/HOU/ECT@ECT, Angel M Esguerra/SIN/ECT@ECT, David A Terlip AT ENRON_DEVELOPMENT@CCMAIL@ENRON, Victor Santos AT ENRON_DEVELOPMENT@CCMAIL@ENRON, Bruce Lundstrom AT ENRON_DEVELOPMENT@CCMAIL@ENRON, Heather J Mitchell AT ENRON_DEVELOPMENT@CCMAIL@ENRON, Alberto J Carreno AT ENRON_DEVELOPMENT@CCMAIL@ENRON Subject: Re: Update on Petron Hedging Program Manuel, Thanks for the update and we look forward to meet Petron traders/risk management team during our next visit to Manila, probably during our first cargo of gasoil to FGH, currently planned for end August / early September. Kindly let us know on new developments. For your information, John is away on home leave and will be back in office only after mid - August. Best regards, Eng From: "Manuel Gallego/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL on 13/07/99 10:53 CDT To: John Chismar@ECT, Hans Wong@ECT, Wang Moi Eng@ECT, Mike Brown, Janice Moore@ECT, Angel M Esguerra@ECT, David A Terlip AT ENRON_DEVELOPMENT@CCMAIL, Victor Santos AT ENRON_DEVELOPMENT@CCMAIL, Bruce Lundstrom AT ENRON_DEVELOPMENT@CCMAIL, Heather J Mitchell AT ENRON_DEVELOPMENT@CCMAIL, Alberto J Carreno AT ENRON_DEVELOPMENT@CCMAIL cc: Subject: Update on Petron Hedging Program Dear John, Yayette Ventigan of Petron informed me yesterday that the energy derivatives course conducted by Paradigm in Manila from July 7 to 10 was well-received. I sensed that the course was not deemed easy by the Petron participants. Further, Yayette indicated that they could have easily used up more time for the same amount of material. Given the Paradigm course (and the Citibank course which Yayette attended in Australia), Yayette indicated that the Petron Board will most likely give the marching orders to Petron management on July 27 to (1) develop an initial, basic and conservative hedging program for Petron?s fuel oil and gasoil supplied to the National Power Corporation and (2) go out to the market (most likely through a bid process) and execute a financial risk management contract (ISDA). Yayette indicated that Petron looks forward to the working meeting with Enron?s Singapore traders. I indicated to Yayette that end of August to early September would probably be convenient for us. Yayette could not yet determine an appropriate time for Petron. With respect to legal expectations, Petron appears to be at ease with the following: ? In general, the concept of disassociating the financial risk management contract from the Philippines with the exception of Petron Corporation (a Philippine corporation) being a party to the contract. ? Petron executing a financial risk management contract with an offshore counter-party like Citibank Australia or ECT Singapore. ? Petron physically executing the contract outside the Philippines. ? The contract to be governed by the laws of the State of New York. I did point out to Yayette the need for offshore collateral in the form of a Letter of Credit, which is consistent with the risk of non-enforcement for collateral in the Philippines. Yayette indicated that she would raise this issue in her discussions with Petron treasury. More later as I receive more feedback from Petron. Best regards, Manuel
Dot is right with regard to the termination provision. It was a Natural case. But it was more than a year or two ago. (Time flys when you are having fun.) It was the contracting practices order issued October 16, 1996. 77 FERC 61,028. The order on rehearing was issued March 26, 1998. 82 FERC 61,298. In both orders the Commission said that the unilateral right to terminate is like a "semi-firm" rate and a separate rate schedule is required. Specifically, the Commission said: Under Natural's currently effective tariff provisions governing firm service, it may offer day-to-day, week-to-week, or month-to-month rollovers if it so chooses: but the length of the term must be selected by the shippers. Natural may not control the length of the firm service by inserting a unilateral right to cancel in its service agreements. As we indicated in the October 16 order, Natural could achieve the 'maximization of firm capacity' and administrative convenience of its term provision with a 'semi-firm' rate schedule on file in its tariff. However, Natural cannot provide such a service without a rate schedule for that service on file. [Footnotes omitted.] 82 FERC at 62,178. Not sure about the rest of the wording of the proposed provision. The attached language did not come across to me as a part of Dot's e-mail. Frazier -----Original Message----- From: McCoppin, Dorothy Sent: Tuesday, March 27, 2001 10:57 AM To: Fossum, Drew; Miller, Mary Kay Cc: Scott, Susan; Harris, Steven; Hyatt, Kevin; Corman, Shelley; Pavlou, Maria Subject: Red Rock form contract I thought that, in the Natural case (from a year or two ago, right?), FERC had a problem with Natural terminating in connection with a shipper releasing the capacity -- i.e., FERC saw the provision as preventing the shipper from being able to release capacity. (As I recall, instead of simply saying that the discount would no longer be valid if the capacity were to be released, Natural had the right to terminate the contract. I do not recall that the FERC had a problem with any termination right by a pipeline, for any reason. However, termination is a serious remedy -- so reverting to the max rates [or having the rate re-negotiated by the parties] would probably be seen much more favorably by FERC as an appropriate remedy.) -----Original Message----- From: Pavlou, Maria Sent: Tuesday, March 27, 2001 9:32 AM To: Fossum, Drew; Miller, Mary Kay Cc: Scott, Susan; Harris, Steven; Hyatt, Kevin; McCoppin, Dorothy; Corman, Shelley Subject: RE: Red Rock form contract I thought a pipeline having unilateral termination rights was a problem under Natural. Maria -----Original Message----- From: Fossum, Drew Sent: Tuesday, March 27, 2001 8:29 AM To: Miller, Mary Kay Cc: Pavlou, Maria; Scott, Susan; Harris, Steven; Hyatt, Kevin; McCoppin, Dorothy; Corman, Shelley Subject: RE: Red Rock form contract I like the new language, but have added a couple of changes in the redlined version attached hereto (I think mine are in blue). One of the changes is for clarity and one is to make the contract terminable at our option instead of automatically terminated if the neg. rate is invalidated and our max rate is lower than the Rate [we may want to preserve the contract in that scenario if the market value is even lower than the max. rate!!] On MKM's point, I think the only contract we have sent out is to CalPine, right??? I think we explain it to them as a mechanism that is designed to preserve our benefit of the bargain if FERC changes the rules in the middle of the game. If they choke on it, we probably have to take the risk with them since they are are our baseload tenant. As to other shippers that we haven't sent the contract to, we ought to push very hard to get language like this. I'm sending to Shelley and Dot to get their insight. Dot--have you guys done anything analogous in your precedent agreements on the many Florida projects? Not necessarily on neg. rates, but FERC-outs in general? DF << File: FERC out amendmentrl.doc >> << OLE Object: Picture (Device Independent Bitmap) >> From: Mary Kay Miller 03/26/2001 05:13 PM To: Maria Pavlou/ENRON@enronXgate cc: Susan Scott/ENRON@enronXgate, Drew Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ENRON@enronxgate Subject: RE: Red Rock form contract << OLE Object: StdOleLink >> These changes look good to me, but how are we going to communicate this without raising a big flag that we are concerned with negotiated rate deals? MK From: Maria Pavlou/ENRON@enronXgate on 03/26/2001 04:13 PM To: Susan Scott/ENRON@enronXgate, Drew Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ENRON@enronxgate, Mary Kay Miller/ET&S/Enron@ENRON cc: Subject: RE: Red Rock form contract Here are my suggestions. Thanks, Maria << File: FERC out amendment.doc >> -----Original Message----- From: Scott, Susan Sent: Monday, March 26, 2001 3:42 PM To: Fossum, Drew; Harris, Steven; Hyatt, Kevin; Pavlou, Maria; Miller, Mary Kay Subject: Red Rock form contract At Drew's request I've drafted the attached language to address the possibility that FERC might change its negotiated rate policy statement or otherwise invalidate the negotiated rate in the contract. Stan brought this idea up at this morning's staff meeting (for those of you who, like me, weren't in attendance). Please comment. << File: FERC out amendment.doc >>
In case this becomes big news in the United States, attached is a summary from the Argentina team of the political situation in Argentina. It is not a political meltdown but it is a significant change in the executive branch and potential realignment of the political parties in Argentina. The cabinet shuffle and resignation of the vice president are in the wake of the senate bribery scandal in Argentina where the opposition was supposedly bribed to vote for the governments changes in law (actually in favor of economic reform). The cabinet shuffle was economics oriented with the economic team being strengthened, but potentially at the expense of the alliance that holds the government and a majority in Congress over Menem's party, the peronists. The vice president was the senior member of the second party in the alliance (President De La Rua is senior member of the first party in the alliance). Financial markets reacted slightly negatively to the shakeup with bond spreads widening slightly and Argentine stock prices down slightly. As a minimum we will keep a close eye on the political and financial situation and be prepared for any more significant reaction by the financial markets. ---------------------- Forwarded by James M Bannantine/ENRON_DEVELOPMENT on 10/08/2000 07:04 PM --------------------------- Don Black@ENRON 10/07/2000 08:16 AM To: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Joe Kishkill/SA/Enron@Enron, Diomedes Christodoulou/SA/Enron@Enron, Peter E Weidler/NA/Enron@Enron, Michael Guerriero/SA/Enron@Enron Subject: Argentina Political Analysis Mike, Thanks for the quick turnaround on this from you and your team. Jim, This is as far as this distribution went. Please edit as needed and forward to whomever you feel necessary. ---------------------- Forwarded by Don Black/SA/Enron on 10/07/2000 11:07 AM --------------------------- From: Michael Guerriero on 10/07/2000 10:13 AM To: Don Black/SA/Enron@Enron cc: Guillermo Canovas/SA/Enron@Enron, Cristian Folgar/SA/Enron@Enron, Maria Belen Salvador/SA/Enron@Enron Subject: Argentina Political Analysis As reported Carlos Chacho Alvarez resigned his position Friday as Vice president of Argentina. The main reason of this resignation was a political disagreement with Cabinet changes announced on Thursday 5th by President De la Rua. Alvarez publicly noted he could no longer tolerate the political differences with the President over the senate bribery scandal. Particularly Alvarez disagreed with De la Rua's decision to promote Alberto Flamarique from Minister of Labor to General Secretary and to keep Fernando de Santibaez as Chief of the Intelligence Department. Both Flamarique and Santibaez are suspected of paying bribes to Senators to vote for a new Labor Law. Alvarez has emotionally championed the fight against the senate scandal and has been strongly advocating for the resignation of Flamarique, Santibaez and all Senators involved in the affair. It was considered that the decision of De la R?a was intended to demonstrate that he, and not Alvarez, holds the power and that De la R?a wanted to demonstrate that the changes were focused on improving the economic situation and to move beyond the Senate scandal. The main changes in the cabinet, announced on Thursday 5th, are the following: Chistian Colombo (economist, in good relationship with Machinea) will replace Terragno as Chief of Cabinet. Machinea (Minister of Economy) will also be responsible of the Ministry of Infrastructure. Jorge De la R?a (former General Secretary of the President and President's brother) will be Minister of Justice. Patricia Bullrich (peronist) will be Minister of Labor. As a consequence of Alvarez' resignation, Flamarique resigned to his position of General Secretary of the President. Regarding the preliminary impact of the political changes to the economic situation it could be considered the following: Before Alvarez resignation, the cabinet changes were considered positive intending to increase the power of the Minister of Economy and reduce the internal disagreements in the Administration. Although Alvarez (the leader of the Frepaso party) said he will be still part of the "Alianza" (the Radical and Frepaso party alliance) in Office, Alvarez' resignation could lead to the division of the Alianza and reduce the ability of De la Rua to pass new laws in the Congress. A breakup of the coalition would make the Peronist the largest party in both houses of Congress only compounding the potential for government gridlock This situation will weaken De la Rua and probably foster new re-alignments in the political field. All the situation will increase economic uncertainty and will delay economic recovery. The market will wait to see if a conflict develops in the Alianza. De la Rua and his team will probably be forced to take "strong" decisions to retain the political initiative, strength and control. Machinea will probably try to gain the market confidence, announcing that De la Rua's Administration will not change the macro foundations of the economic agenda and even increase its commitment toward monetary and fiscal equilibrium, exchange rate policy, respect for vested rights, etc. Financial analysts have viewed the situation as "an institutional crisis with unknown effects on the economy". The insecurity of the Argentina's political future caused Argentine debt paper to fall. The Argentine JP Morgan Emerging Market Bond Index widened 23 basis points to 685 over US Treasuries. Argentina's 17 year global bond fell only slightly. There does not appear to be a market panic as noted by the trading of Argentine ADR's in New York. They were down cents rather than dollars and a number of them closing unchanged. We will continue to monitor the situation and update as warranted.
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/27/2000 08:48 AM --------------------------- Robert Brooks <[email protected]> on 03/22/2000 12:45:20 PM Please respond to "[email protected]" <[email protected]> To: "'GPCM Distribution'" <[email protected]> cc: (bcc: Vince J Kaminski/HOU/ECT) Subject: GRI and Gas Storage Gri Study Documents Changing Role of Natural Gas Storage ( March 21, 2000 ) (reported in http://powermarketers.com 3/22/2000) (forwarded to you by Bob Brooks, RBA Consultants) ARLINGTON, Va., March 21 /PRNewswire/ -- Regulatory changes coupled with steady growth in U.S. natural gas consumption are expected to trigger a 21 percent increase in gas storage capacity over the next 15 years, according to a new GRI study. The study -- Natural Gas Storage Overview in a Changing Market Environment (GRI-99/0200) -- estimates that lower 48 storage capacity for working gas will grow from 3.8 trillion cubic feet (Tcf) in 1998 to 4.6 Tcf in 2015. About 75 percent of the capacity additions are expected to occur after 2005, as gas demand grows more rapidly than storage capacity requirements during the next five years. Part of the new capacity will provide storage operators with increased operating flexibility and augment changing needs of the power generation and industrial sectors. These two sectors are expected to account for nearly 80 percent of growth in gas consumption between 1998 and 2015. (GRI projects the nation's gas demand will increase 50 percent, from 21.3 Tcf in 1998 to 32.8 Tcf in 2015.) The added storage capacity will require a gas industry investment of nearly $5.0 billion (1998 dollars) between 1998 and 2015, or about $270 million per year, the study estimates. The study, conducted for GRI by Energy and Environmental Analysis Inc., Arlington, Va., identifies several trends that will drive future storage requirements, including: * High consumption by power generation and industrial markets dampens seasonal volatility. Since these sectors have relatively flat year-round load profiles, they act to compliment rather than stimulate short term demand swings in traditional residential and commercial applications which drive the need for increased storage capacity to overcome seasonal differences. * Increases in the value of market-area storage to accommodate significant growth in gas usage for power generation are anticipated. Due to improvements in technology, favorable economics, and low emissions, natural gas is expected to be the preferred incremental fuel for power generation for the foreseeable future. * Pipeline restructuring is changing the role and value of storage. Most notable are the development of secondary markets for storage and pipeline capacity, growth of market hubs and gas marketers, and a shift toward market-based rates. * Storage services are likely to become more efficient as a result of local distribution company restructuring. Storage operators are expected to have a direct profit motive to maximize the value of storage and are likely to offer new services that use existing facilities more effectively. "These trends are already beginning to have a major impact on gas storage operations and will only be magnified in the future," said John Cochener, GRI project manager and principal analyst-resource evaluation. "We are already seeing increases in the value of well-placed storage facilities, particularly those able to capitalize on regulatory changes that allow for greater operating flexibility. The reduction in regulatory constraints will allow storage market players even greater latitude in the future to experiment with innovative competitive tools. This will result in greater flexibility in the timely movements of gas to where it's required. Conversely, high-cost storage operators, who fail to respond to the changing market by offering more flexibility, may eventually find themselves at a competitive disadvantage in the future and may see the value of their storage asset stagnate." The study is GRI's most comprehensive look at gas storage markets. Included is an analysis of changes in storage capacity, services, customer usage patterns and costs, as well as proposed storage projects. LNG and Propane-Air are covered in addition to traditional types of storage facilities. The study also reviews future storage requirements, costs associated with expanding different types of storage capacity, and the merits of different storage locations. The study also looks at storage capacity under existing contracts. One finding is that the average length of time until contract expiration for firm storage contracts has declined from 6.8 years in 1996 to 6.2 years in 1999. More than half of the existing contracts in spring 1999 will expire by 2004. By 2006, 70 percent of existing contracts will have expired. Further, storage operators will generally be replacing storage contracts negotiated by local distribution companies (with guaranteed rates of return) with contracts negotiated by the growing ranks of gas marketers, who are under competitive pressure to hold down costs. The number of years remaining under existing storage contracts varies by customer type, according to the study. Currently, cogenerators and independent power producers have the longest remaining contract lengths, followed by pipelines, gas utilities and marketers. Electric utilities and industrial customers have the shortest average contract lengths remaining. Listed in the study are the top 50 storage capacity holders. Questions about the study or ordering should be addressed to Kelly Murray, GRI Baseline Center, Arlington, Va., at 703-526-7832; by fax at 703-526-7805; or by E-mail: mailto:[email protected] <<a href=> The study (GRI-99/0200) can be ordered directly from the GRI Document Fulfillment Center by fax at 630-406-5995. The report is $250 for GRI members and $325 for nonmembers, plus shipping and handling.
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This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. MsgId: msg-10188-B10204010Address.msg-18:48:17(10-20-2000) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: [email protected]
---------------------- Forwarded by David M Gagliardi/TTG/HouInd on 12/13/2000 10:17 AM --------------------------- "Michael Gagliardi" <[email protected]> on 12/13/2000 09:48:53 AM To: <[email protected]> cc: Subject: Fw: True Orange Fax/E-Mail #3 ----- Original Message ----- From: <[email protected]> To: <[email protected]> Sent: Tuesday, December 12, 2000 10:15 PM Subject: True Orange Fax/E-Mail #3 True Orange Fax/E-Mail Service Volume 9, Fax/E-Mail #3, Tuesday, December 12, 2000 Jerry Scarbrough's True Orange, P. O. Box 26530, Austin, Texas 78755 - Phone 512-795-8536 Brown Gets Big Raise; Assistant FB Coaches Also Will Benefit Texas ootball coach Mack Brown has been given a $450,000 raise to boost his annual salary to $1,450,000 and maintain his status among the top 10 highest-paid college football coaches in the country, Longhorn Athletic Director DeLoss Dodds announced Tuesday. Brown's raise is an increase from the 10-year, $1 million per year contract that he signed following the 1998 season. He will have eight years remaining on the $1.45 million per year contract. "Mack has done a terrific job for The University of Texas, our Athletics Department and the football program," Dodds said. "We are extremely proud of everything he, his staff and the student-athletes have accomplished and are excited about our future." "It is very important that the head football coach at Texas remains in the upper echelon of coaching compensation, which is an ever-changing dynamic," Dodds said. "This raise is in response to the current demand in the coaching marketplace and a well-deserved reward for Mack's hard work and dedication. We are thrilled with the direction he has taken our football program and look forward to a long-lasting relationship." Brown has led the Horns to three straight nine-win seasons for the first time since 1981-83 and is guiding UT to a third-straight bowl game for just the second time since 1985. The No. 12 Longhorns will face the No. 8 Oregon Ducks at the Culligan Holiday Bowl in San Diego on Dec. 29. Brown's Texas program is one of only seven schools nationally that is riding a string of three straight nine-win campaigns. Including a pair of 10-win seasons at North Carolina prior to his arrival at Texas, Brown joins Bobby Bowden (Florida State), Steve Spurrier (Florida) and Bill Snyder (Kansas State) as the only NCAA Division I-A coaches who have led their teams to five-straight nine-plus win seasons. "I appreciate the continued commitment to our football program from The University of Texas," Brown said. "I'm proud to be the head coach of the Longhorns." Brown's assistant coaches also are in line for raises. Football raises about $40 million of the entire $50 million budget for all the men's and women's athletic programs. It is the only program that shows a profit. Baseball and men's and women's basketball are the only other major revenue sports, and none of them produce as much revenue as they spend. * * * * FOOTBALL NOTES: Longhorn ticket sales are lagging for the Holiday Bowl are lagging and Oregon fans are snapping up some of the 11,500 tickets that were allotted to Texas fans. If Longhorn fans don't step up quickly, Oregon fans are going to occupy the vast majority of the seats in San Diego on Dec. 29. . . The Longhorns begin practicing for the bowl game Thursday. All the practices will be closed to the public. . . Former Longhorn and pro football great Harley Sewell was inducted into the College Football Hall of Fame this week. . . . Redshirt freshman WR Artie Ellis, who missed most of this season with a sore shin, will get a look at TE in spring practice. With the emergence of freshman receivers Roy Williams, B. J. Johnson and Sloan Thomas, the 215-pound Ellis might have a better chance of seeing meaningful playing time by beefing up a little and playing tight end. . . Another spring move that is being contemplated is seeing if sophomore LG Derrick Dockery could move over to LT to replace departing senior Leonard Davis. Texas has three good guards in Dockery, Antwan Kirk-Hughes and Tillman Holloway. Mike Williams is the only returning tackle who has seen a lot of action. In addition to getting the best five linemen on the field at the same time, that move might give the offensive line more fire because Holloway is a very aggressive lineman. The offensive line has frequently been cited as lacking fire and leadership. * * * * FOOTBALL RECRUITING NOTES: The Longhorns are having their annual football banq uet this weekend. Most of the players making official visits will be players who already are committed to Texas, but there are at least two exceptions. OL William Winston of Houston Madison and S Rufus Harris of La Porte are both scheduled to visit. Super LB Derrick Johnson of Waco now says he is going to take all of his visits in January. Texas leads for Winston and Johnson and it it a UT-A&M battle for Harris. * * * * My next fax will be whenever events warrant. * * * * The True Orange Fax Service includes at least 99 faxes a year and costs $99 ($79 by E-Mail). The True Orange Newsletter includes 26 newsletters and is published weekly during football season and twice monthly during most of the other months. It costs $45. Save by subscribing to both for $130 (or $110 if you take the faxes via E-Mail or $99 if you take the faxes and newsletter via E-Mail). Send check to address at the top of page. I also update my 900 number - 1-900-288-8839 - daily with recruiting news. My E-Mail address is: [email protected]
thanks df From: Martha Benner/ENRON@enronXgate on 03/20/2001 03:36 PM To: Drew Fossum/ET&S/Enron@ENRON cc: Ann Smith/ENRON@enronXgate, Emily Sellers/ENRON@enronXgate Subject: RE: RSVP Form Update (Distribution List 1) Drew, I need to discuss this with you before I fill out the form. First of all it has to be done on-line so I think it is best to do it from your machine so I am not the one registered. Second I need to make your flights before I do the form. We can talk about this on Thursday PM or Friday and make the reservations and do the form at that time. Martha -----Original Message----- From: Fossum, Drew Sent: Tuesday, March 20, 2001 1:59 PM To: Smith, Ann; Benner, Martha Subject: RSVP Form Update (Distribution List 1) I guess the first form was broken. df ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/20/2001 01:58 PM --------------------------- From: Sara Davidson/ENRON@enronXgate on 03/19/2001 05:16 PM To: James Derrick/ENRON@enronXgate, Stephanie Harris/ENRON@enronXgate, Rob Walls/ENRON@enronXgate, Rex Rogers/ENRON@enronXgate, Clement Abrams/ENRON@enronXgate, Jim Armogida/ENRON@enronXgate, Ann Ballard/ENRON@enronXgate, Sharon Butcher/ENRON@enronXgate, Robert Eickenroht/ENRON@enronXgate, Mark Holsworth/ENRON@enronXgate, Kriste Sullivan/ENRON@enronXgate, Melinda Winn/ENRON@enronXgate, Carol Essig/ENRON@enronXgate, [email protected]@SMTP@enronXgate, David Nutt/ENRON@enronXgate, Mary Berg/ENRON@enronXgate, Robert C Williams/ENRON@enronXgate, Michelle Blaine/ENRON@enronXgate, Gail Brownfeld/ENRON@enronXgate, Jan Cooley/ENRON@enronXgate, Paulette Obrecht/ENRON@enronXgate, Jordan Mintz/ENRON@enronXgate, Gareth Bahlmann/ENRON@enronXgate, Julia H Chin/ENRON@enronXgate, Nora Dobin/Corp/Enron@ENRON, Joel Ephross/ENRON@enronXgate, Brenda L Funk/ENRON@enronXgate, Gina Karathanos/ENRON@enronXgate, Charles Cheek/ENRON@enronXgate, Britt Davis/ENRON@enronXgate, David Grant/ENRON@enronXgate, Eileen Kisluk/ENRON@enronXgate, Robert Vote/ENRON@enronXgate, Bonnie White/ENRON@enronXgate, Rita Bahner/ENRON@enronXgate, Tracy Carter/ENRON@enronXgate, Lisa Robichaux/ENRON@enronXgate, Kathy Siess/ENRON@enronXgate, Becky Zikes/ENRON@enronXgate, Becky Stephens/ENRON@enronXgate, Michael P Moran/ENRON@enronXgate, David K Bargainer/ENRON@enronXgate, Philip Crowley/ENRON@enronXgate, Dari Dornan/ET&S/Enron@ENRON, Staci Holtzman/ENRON@enronXgate, Lee Huber/ET&S/Enron@ENRON, Frazier King/ENRON@enronXgate, Dorothy McCoppin/ENRON@enronXgate, Maria Pavlou/ENRON@enronXgate, Tony Pryor/ET&S/Enron@ENRON, Colleen Raker/ENRON@enronXgate, Susan Scott/ENRON@enronXgate, Louis Soldano/ENRON@enronXgate, Jim Talcott/ENRON@enronXgate, Kim Wilkie/ENRON@enronXgate, Candace Kyle/ENRON@enronXgate, William E Brown/ENRON@enronXgate, Kathy Ringblom/ENRON@enronXgate, Drew Fossum/ET&S/Enron@ENRON, Shelley Corman/ENRON@enronXgate, Janet Butler/ENRON@enronXgate, John Ale/HOU/AZURIX@AZURIX, Kevin Altit/BRZ/AZURIX@Azurix, Emilio Battioli/BUE/AZURIX@AZURIX, Stephen Brooke/NA/AZURIX@AZURIX, Allan Conge/HOU/AZURIX@AZURIX, Tim Dorsey/HOU/AZURIX@AZURIX, Greer Mendelow/HOU/AZURIX@AZURIX, Norma Tidrow/HOU/AZURIX@AZURIX, Kristina Mordaunt/Enron Communications@Enron Communications, Kenton Erwin/Enron Communications@Enron Communications, Cynthia Harkness/Enron Communications@Enron Communications, Michelle Hicks/Enron Communications@Enron Communications, David Koogler/Enron Communications@Enron Communications, Steve McCarrel/Enron Communications@Enron Communications, Gil Melman/Enron Communications@Enron Communications, Eric Merten/Enron Communications@Enron Communications, Paul Puchot/Enron Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron Communications, Marie Heard/Enron Communications@Enron Communications, Robin Hill/Enron Communications@Enron Communications, Vicki Sharp/HOU/EES@EES, Deborah Asmus/HOU/EES@EES, Marianne Castano/HOU/EES@EES, Deborah Culver/HOU/EES@EES, Edwin Essandoh/HOU/EES@EES, Richard Freed/HOU/EES@EES, Kelly Higgason/HOU/EES@EES, James E Keller/HOU/EES@EES, Michelle Maynard/HOU/EES@EES, Bonnie Nelson/HOU/EES@EES, Martin Penkwitz/HOU/EES@EES, Andrew Ralston/HOU/EES@EES, Bill Rapp/HOU/EES@EES, David Roland/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Andrew Wu/HOU/EES@EES, Elisa Donovan/HOU/EES@EES, Karen A Cordova/HOU/EES@EES, Christina Finelli/HOU/EES@EES, Barbara Hankins/HOU/EES@EES, Jennifer Hillegonds/HOU/EES@EES, Allison McHenry/HOU/EES@EES, Susan Wheeler/HOU/EES@EES, Kim Collins/HOU/EES@EES, Chris Dalton/HOU/EES@EES, Marty Keyser/EFS/EES@EES, Laurel S Gleason/EFS/EES@EES, Joe Hrabik/EFS/EES@EES, Virginia Baumgardner/EFS/EES@EES, Beth Brandstetter/EFS/EES@EES, Beverly Sullivan/EFS/EES@EES, Mary Tullius/EFS/EES@EES, Sivert Fogerlie/Western Region/The Bentley Company@Exchange cc: Subject: RSVP Form Update (Distribution List 1) The problems with the Online RSVP Form should now be solved. We are sorry for any inconvenience that you may have experienced. Please give it another try at http://lawconference.corp.enron.com! Once you have submitted your RSVP Form, you should receive a confirmation e-mail. Please review your confirmation information and let me know if there are any changes. If you get an error message and do not receive a confirmation e-mail, please e-mail me or call me at (713) 853-9129. Hint: ? Use Internet Explorer as your browser. ? The SAP Company Code should have 4 digits (i.e. 0011). ? The SAP Cost Center should have 6 digits (i.e.100180). Remember, responses must be submitted no later than Friday, March 30, 2001. For anyone requesting CLE credit for a state other than Texas, please submit your RSVP Form by March 23, 2001. See you in San Antonio!
Wade, I have decided that everything currently in our system is incorrect. Please set up a meeting with all the people shown above and we will discuss how to correctly handle this in our system. We also have some other supply behind the LDC that we might as well handle correctly. Wade, while we are at it, do you want us to look at NYSEG, CPA, and East Ohio??? Any others? People I need in attendance Mary Theresa or Jeanne Steve Gillespie Angie Sylvia Campos (or someone from the contracts group) This is what I'm thinking, everyone please think about this before we meet. I think I will have Peoples set up as a pipeline and we will move all the deals to this new pipeline. Steve, get the Peoples password from Angie. I need you to go into escript (Angie can help you with this) and run anything you can get out of this system. These are actually CES passwords. It is my intention to use this information to set up transport or pooling contracts in Sitara. From: John M Singer @ ENRON 08/30/2000 06:46 AM To: Victor Lamadrid/HOU/ECT@ECT cc: Wade R Price/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Angie Zeman/Corp/Enron@ENRON@ECT, Gloria G Barkowsky/HOU/ECT@ECT, Mary Theresa Franklin/HOU/ECT@ECT, Melissa K Ratnala/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Jeanne Wukasch/Corp/Enron@ENRON@ECT Subject: Re: Phillips Production Co - PNG City Gate Production Phillips Production has/had two seperate PNG deals: 1. 500 MCFD; $2.82/MCF; 1/1/00 - 6/30/00 2. 300 MCFD; $2.95/MCF; 1/1/00 - 11/30/00 To my knowledge, PNG does not send out production information to either the producer or the pool operator. This information should be available on E-Script. Phillips gets their production volumes (which they use to create our invoice) from the company integrating the meter charts. I beleive that this is the same information provide to PNG. John From: Victor Lamadrid @ ECT 08/29/2000 05:47 PM To: Wade R Price/HOU/ECT@ECT cc: Chris Germany/HOU/ECT@ECT, Angie Zeman/Corp/Enron@ENRON, Gloria G Barkowsky/HOU/ECT@ECT, Mary Theresa Franklin/HOU/ECT@ECT, Melissa K Ratnala/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT, John M Singer/Corp/Enron@ENRON, Katherine L Kelly/HOU/ECT@ECT, Jeanne Wukasch/Corp/Enron@ENRON Subject: Re: Phillips Production Co - PNG City Gate Production Wade, Thanks for bringing this issue to our attention. But I need help understanding this one. We have a process already to handle John's behind the citygate deals Since, the actual scheduling is done by CES in Virginia, we never nominate this gas nor do we see actuals. We hear about them from John and Terry and we are supposed to get confirms from the producer and CES. Whenever one of these deals occurs, we have buys from the producer and sales to CES to account for these transactions internally. It's my understanding that whenever John cuts one of these behind the citygate deals; that Terry puts it into Sitara for him. The offset also entered by Terry is a sale to CES (Now the New Power Company effective Sept. 1) with commercial (usually Chris Germany) confirming the sale price. Angie schedules it in Unify under CNG and we create, track and balance like usual. Is that not the case here? Is this something that's getting reconciled in Jeanne and Terry's project for CNG??? By cc: Angie, please get with Terry /Jeanne and Chris to help Wade. THANKS! Please keep me abreast of the status. Wade R Price 08/29/2000 02:53 PM To: Victor Lamadrid/HOU/ECT@ECT cc: Chris Germany/HOU/ECT@ECT, Angie Zeman/Corp/Enron@ENRON, Gloria G Barkowsky/HOU/ECT@ECT, Mary Theresa Franklin/HOU/ECT@ECT, Melissa K Ratnala/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT, John M Singer/Corp/Enron@ENRON Subject: Phillips Production Co - PNG City Gate Production ENA is being invoiced by Phillips Production Company for production on Dominion Transmission (CNG) via Peoples Natural Gas. This is behind-city-gate gas that we do not get documents supporting the volumes. I have invoices and production statements from Phillips. Per John Singer Notes Mail of 08/23 concerning the July production," Phillips Production / Peoples: Price: @ $2.95/Mcf Term: 1/1/2000 - 11/30/2000 Est. Volume: 500/MCFD (Actual Volume will vary.) I have no way of verifying the actual volume. Chris Germany and Angie Zeman will try to get into CES's PNG pool via E-Script. This may be the only way to verify actual volumes. I have a call into Phillips to see if they might have a pipeline statement verifying volumes." Joihn's call to Phillips read partially, " I just talked to Sam Fragale @ Phillips. The 7,843 Mcf @ $2.95 is ENA's. " Our deals have been using point 20200 on Dominion Transmission (CNG). Deals for Jan 00 - Mar 00 were 210359 and 210364. These were copied to 226543 and 229733 respectively for April 00 forward Deal 226543 has April 00 only, but should probably be extended through June-00 according to deal notes from John. Here is our current status on this gas Prod Invoice Invoice Current Month Volume Price Unify Vol Sitara Deal May-00 4801 @$2.82 163 226543 (has April-00 only, should extend through June?)) 9748 @$2.95 353 229733 June-00 5341 @$2.82 0 226543 (has April-00 only, should extend through June?)) 9394 @$2.95 0 229733 July-00 7843 @$2.95 9552 229733 We need to get our proccess together for handling this each month through the end of the deal terms. Please direct the appropriate parties to help make these invoiced volumes available on the deal and in Unify so I can pay Phillips. Thanks WRP
---------------------- Forwarded by Andrea Ring/HOU/ECT on 01/16/2001 12:49 PM --------------------------- Michele Winckowski @ ENRON 01/16/2001 09:47 AM To: Andrea Ring/HOU/ECT@ECT cc: Subject: Fwd: FW: Advice on Self-Defense I THINK THIS IS THE SAME GUY WE HAD IN OMAHA - HE WAS VERY ENTERTAINING WITH SOLID INFORMATION. Hi, ladies, I just finished taking the most amazing self-defense class, sponsored by Shandwick, and I wanted to share some really valuable info with you before it goes out of my head. The guy who taught the class has a female friend who was attacked last year in the parking garage at Westport Plaza in St. Louis one night after work and taken to an abandoned house and raped. He started a women's group and began teaching these classes soon after. This guy is a black belt in karate and trains twice a year with Steven Segall. He and the others in this group interviewed a bunch of rapists and date rapists in prison on what they look for and here's some interesting facts: The #1 thing men look for in a potential victim is hairstyle. They are most likely to go after a woman with a ponytail, bun, braid or other hairstyle that can easily be grabbed. They are also likely to go after a woman with long hair. Women with short hair are not common targets. The second thing men look for is clothing. They will look for women who's clothing is easy to remove quickly. The #1 outfit they look for is overalls because many of them carry scissors around to cut clothing and on overalls the straps can be easily cut. They also look for women on their cell phone, searching through their purse or doing other activities while walking because they are off guard and can be easily overpowered. The time of day men are most likely to attack and rape a woman is in the early morning, between 5 and 8:30 a.m. The number one place women are abducted from/attacked at is grocery store parking lots. Number two is office parking lots/garages. Number three is public rest rooms. The thing about these men is that they are looking to grab a woman and quickly move her to a second location where they don't have to worry about getting caught. Only 2% said they carried weapons because rape carries a 3-5 year sentence but rape with a weapon is 15-20 years. If you put up any kind of a fight at all, they get discouraged because it only takes a minute or two for them to realize that going after you isn't worth it because it will be time-consuming. These men said they will not pick on women who have umbrellas, or other similar objects that can be used from a distance, in their hands. Keys are not a deterrent because you have to get really close to the attacker to use them as a weapon. So, the idea is to convince these guys you're not worth it. Several defense mechanisms he taught us are: * If someone is following behind you on a street or in a garage or with you in an elevator or stairwell, look them in the face and ask them a question, like what time is it, or make general small talk, I can't believe it is so cold out here, we're in for a bad winter. Now you've seen their face and could identify them in a lineup, you lose appeal as a target. * If someone is coming toward you, hold out your hands in front of you and yell Stop or Stay back! Most of the rapists this man talked to said they'd leave a woman alone if she yelled or showed that she would not be afraid to fight back. Again, they are looking for an EASY target. If you carry pepper spray (this instructor was a huge advocate of it and carries it with him wherever he goes), yelling I HAVE PEPPER SPRAY and holding it out will be a deterrent. * If someone grabs you, you can't beat them with strength but you can by outsmarting them. If they grab your wrist, pull your wrist back so your hand is in waving position (palm facing forward) and twist it toward yourself and pull your arm away. It is hard to hold onto wrist bones that are moving in that way. They stumble toward you and you stumble back, so you can use that momentum to bring the same out and backhand them with your knuckles in the forehead, nose or teeth. * If you are grabbed around the waist from behind, pinch the attacker either under the arm between the elbow and armpit or in the upper inner thigh. HARD. One woman in a class this guy taught told him she used the underarm pinch on a guy who was trying to date rape her and was so upset she broke through the skin and tore out muscle strands - the guy needed stitches. Try pinching yourself in those places as hard as you can stand it. It hurts. * After the initial hit, always go for the groin. I know from a particularly unfortunate experience that if you slap a guy's balls (sorry to be graphic) it is extremely painful. You might think that you'll piss the guy off and make him want to hurt you more, but the thing these rapists told our instructor is that they want a woman who will not cause a lot of trouble. Start causing trouble and he's out of there. * When the guy puts his hands up to you, grab his first two fingers and bend them back as far as possible with as much pressure pushing down on them as possible. The instructor did it to me without using much pressure and I ended up on my knees and both knuckles cracked audibly. Of course the things we always hear still apply. Always be aware of your surroundings, take someone with you if you can and if you see any odd behavior, don't dismiss it, go with your instincts. You may feel a little silly at the time, but you'd feel much worse if the guy really was trouble. Please forward this to any woman you know, it's simple stuff that could save her life. - pic06208.pcx - pic02115.pcx
---------------------- Forwarded by Timothy Blanchard/HOU/EES on 02/09/2000 10:52 AM --------------------------- Enron Energy Services From: Neithard Foley 02/09/2000 10:50 AM To: Timothy Blanchard/HOU/EES@EES cc: Subject: WASSUP!!!!!! ---------------------- Forwarded by Neithard Foley/HOU/EES on 02/09/2000 10:49 AM --------------------------- [email protected] on 02/08/2000 11:44:22 PM To: Kellie Daniels <[email protected]>, Orlando Evans <[email protected]>, Reggie Harwell <[email protected]>, Sheila Jones <[email protected]>, Bemetra Liggins <[email protected]>, Kaddu Luyombya <[email protected]>, Bernard Morgan <[email protected]>, Marniee Nottingham <[email protected]>, James Oliver <[email protected]>, Timothy Pratt <[email protected]>, Tabeier Shine <[email protected]>, Jocelyn Wright <[email protected]>, Kenrick Angall <[email protected]>, Brad Benn <[email protected]>, Julian Bostic <[email protected]>, Bobby Dixon <[email protected]>, Antonio Estrella <[email protected]>, [email protected], Michael Holt <[email protected]>, Nandini Manjunath <[email protected]>, Michael Marsh <[email protected]>, "Tiffany Mayo" <[email protected]>, Daniel Ogbonna <[email protected]>, Trenton Thompson <[email protected]>, "Timothy Blanchard" <[email protected]>, "Neithard Foley" <[email protected]>, "David Marye" <[email protected]>, [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, [email protected], "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, "'[email protected]'" <[email protected]>, [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected] cc: Subject: WASSUP!!!!!! Hey guys, I had to send this to the world! This is one of those rare Emails that had me running through the house at break-neck speed, laughing my head off the entire way. It takes a little while to boot up, but it's worth the wait. It should be self-explanatory. Enjoy! (See attached file: Wassup.avi) James - Wassup.avi
Mark/Greg, Please find attached a post-mortem of our weekend problems... Summary is last paragraph in red. Regards -----Original Message----- From: Terech, Henry Sent: Sunday, June 10, 2001 11:23 PM To: Bibi, Philippe A.; Donovan, Bill Cc: Kean, Steven Subject: Enron Center North/Enron Center South Damage & Restoration Overview Bill/Philippe- Below is a summary of the major problems which occurred the past 96 hours and the steps taken to mitigate the damage and risk. Enron Center North (1400 Smith) As a result of the flooding downtown, approximately six skyscrapers had their electrical vaults flooded and began to cause cascading problemd in the electrical grid downtown. The net result was the loss of one of the two 35kv circuits which serve 1400 Smith. We (engineers, EES Maint, electrical subs) believe at the time the circuits blew we shifted from three phase to single phase power, which caused an imbalance in the load to the building. Consequently, UPS "C" which serves a portion of the Lv 34 Data Ctr, the Rolm phone switch, and a protion of the Traders floors lost a circuitboard, and blew two internal fuses. This power degradation caused PDU "S" on Lv 34 to trip its main breaker and shutdown power load to servers and equipment on this PDU. This occurred shortly after Noon on Saturday. Response/Restoration > UPS "D" transferred load from UPS "C" as the N+1 back up and carried the full load of the UPS loss as designed > EPSC/electrical sub (Henderson Electric); EES Maint; IT worked together to power down systems to begin repair work by 4:00pm Saturday > EPSC/EES Maint coordinated with Pillar/Henderson Elec to obtain replacement parts and begin the repairs. By 9:30pm all repairs to UPS"C" had been made and the system bought back on line. As a measure of extra protection the back up genset for Enron Ctr North was in operation > Reliant Energy restored the circuit at approximately 10:30pm Saturday evening > EPSC/EES Maint and subs conducted a thorough review of all electrical and back up systems Saturday evening > Enron Network IT Operations began restoration of all affected systems Saturday evening > EPSC/EES Maint obtained diesel fuel and topped off all gensets Saturday in case of additional problems and due to fuel consumption during the outage Other Building damage was limited to flooding in the tunnels, and water damage/flooding to portions of the Body Shop on Lv B-1 Enron Center South (1500 Louisiana) Impact/Damage Summary > Levels 8 & 9 received very limited amounts of water from the core area elevator shafts and exterior curtainwall. There was no exposure to water on any systems or network cabling during the entire period. (Response) Crews contained and cleaned all water as it traced into the building. > ALL IDF closets on Lvs 3-5 Traders Floors remained dry throughout the duration of the rains/flooding on Friday & Saturday > Lv 6 received some water from Lv 7. (Response) The area was contained and cleaned. No additional damage beyond Tuesday evenings flooding occurred > Due to extreme street flooding and water pressure, a 10" sanitary sewer line tied into ECS burst on Friday evening causing extensive flooding of Lv B-1 area (approximately 4-6 inches of water in the basement. (Response) Clark & Way Engr was able to install a temporary plug in the line to stop the on going flood waters from penetrating the basement. Clean up has continued throughout the weekend > Due to the extreme flooding and water pressure, the water seal of the Reliant Vault burst early Saturday and flooded the electrical vault room with 24-30" of water. This resulted in a complete loss of power at approximately 1:30pm on Staurday afternoon. The back up systems engaged and operated per design to support the Data Ctr and Traders Floors. The temporary cooling tower went off line. Prior to the flooding Clark had been in the process of tieing in the temporary feed into the back up system by 7-1-01 in prep for the migration (Response) * Clark used back up water pumps to pump out and clean the Reliant electrical vault, as well as maintained operation of the back up systems * The Data Ctr AHU's were kept on line with the dehumidifiers/blowers to modulate the airflow in the Data Ctr. EPSC had Way Engr techs use temp/humidity probes to monitor the areas. The recordings indicated temps on Lvs 8 & 9 did not exceed 78 degrees and relative humidity did not exceed 68% during the outage * Clark/Fisk Elec/EPSC coordinated desing efforts and obtained gear on an emergency basis and completed the tie in off the temporary coolong tower to the generators by 10:30pm * Reliant Energy is still cleaning and replacing gear in th vault room. Presntly (AT 11:00PM Sunday) we have one circuit operational in the building and 50% of the Reliant gear on line). We are still operating all systems safely on the back up sytems for the past 36 hours. It is expected Relaint will be complete by 7:00am. Clark; the engineers and MEP subs shall be conducting a thorough system review and repirs as required of all systems throughout the building during the coming week. In summary, the back up systems in both facilities did engage and operate as designed; however, due to the extreme conditons and stress placed upon the systems the facility held up extremely well. I would also like to note throughout the ordeal beginning Friday evening through Sunday, everyone (Enron NetWorks;EES FacilitiesClark Const;Way Engring;Fisk Electric;Henderson Electric; KW-Pillar;Hines) did an outstanding job under enourmous pressure and the most severe conditions I have seen in downtown Houston. Communication, around the clock work and cool heads managed to assess damage and develop action/restoration plans to facilitate repairs for Monday business Let me know if you need further details on specific issues or items. regards- Henry
Energy supply setback: Big generator can't be forced to sell emergency power to the state, a U.S. court rules. By Denny Walsh and Carrie Peyton BEE STAFF WRITERS (Published April 6, 2001) In a development that does not bode well for California's energy supply, a federal appellate court Thursday halted enforcement of a lower court order that a big electricity generator must sell emergency power to the state without guarantee of payment. State energy officials said the ruling wouldn't have any immediate effect but could precipitate a power emergency if the generator decided to take a plant off-line for maintenance. On March 21, citing "rolling blackouts (that have) darkened the California landscape," U.S. District Judge Frank C. Damrell Jr. imposed an injunction against Reliant Energy Services Inc., one of the nation's major generators. Houston-based Reliant controls approximately 3,800 megawatts, or about 20 percent, of the gas-fired generation capacity in the state, and Damrell found that loss of that production "poses an imminent threat." But Thursday, a three-judge panel of the 9th U.S. Circuit Court of Appeals granted an emergency stay of the injunction, saying Reliant has shown "a high likelihood of success on the merits" of its appeal. While not spelling it out, the panel apparently bases its finding on the question of the courts' jurisdiction over the energy market. The panel directed that a hearing on the appeal be scheduled for the second week in July. The decision leaves California's electric grid more fragile, at least temporarily, according to the state Independent System Operator, which maintains and controls power transmissions. It gives the agency no immediate recourse if Reliant chooses to shut down any of its plants for maintenance, said ISO Vice President Jim Detmers. "It's not going to change anything overnight, and it's not going to change anything over the weekend," said Detmers. "But if Reliant decided on a unilateral action to take their units off for maintenance ... we definitely could have a system emergency." Reliant officials, when told of the ruling, took a conciliatory tone but declined to specify their next move. "Reliant ... has pledged to keep the lights on in California," said company lobbyist Marty Wilson, and "is still of a mind to want to cooperate." Without further comment, the appeals court judges cited a 1980 U.S. District Court decision. In that case, 14 cities sued Florida Power and Light Co., alleging that it was violating a number of laws in its sales of power and production of electricity. The judge found, however, that the Federal Power Act reserves oversight of interstate utilities exclusively to the Federal Energy Regulatory Commission. He ruled that only the commission may bring an action involving energy sales into federal court -- unless it is a request to review a commission order, and that goes directly to an appellate court. The lawsuit before Damrell was brought by the ISO to force Reliant and two other generators to respond to ISO's emergency orders for power, even though the agency is buying on behalf of two retailers that are broke and hopelessly in debt. Because Pacific Gas and Electric Co. and Southern California Edison can't pay their bills -- about $14 billion -- some wholesalers want to cut off sales to the utilities. The other three defendants in the ISO's suit -- Dynegy Power Corp. of Houston and Tulsa-based AES Corp. and its marketer, Williams Energy Marketing & Trading Co. -- have entered into written agreements with ISO to continue supplying emergency power until the FERC decides whether they are required to sell to companies that are not creditworthy. But Charles Robinson, ISO general counsel, points out that the generators can rescind those agreements with 48 hours' notice. "My hope is this is a temporary setback," said Robinson. He added, however, that the practical effect is "at least for now, we don't have a tool to compel them to do what we believe they're obligated to do" -- respond to emergency demands for power. Reliant has insisted since the suit was filed Feb. 6 that Damrell has no jurisdiction over the rate schedules that govern dealings between generators and the ISO, and that the Federal Power Act mandates that the FERC must settle any disputes about terms of those tariffs. In issuing the injunction, Damrell acknowledged that the FERC has special expertise concerning agreements between generators and ISO. "Absent the extreme exigencies of the California power crisis, the court agrees that a stay pending further action by the FERC would be proper," he said. "But those are not the facts here. Electricity is in critically short supply. The health and safety of the people of California are potentially at risk." Immediately upon receiving the 9th Circuit's order Thursday, attorneys for the ISO asked Damrell to set an accelerated schedule for its motion to amend the suit. The agency apparently has crafted a new complaint stressing its view that the matter is an ordinary contract dispute over which the judge has jurisdiction. Damrell scheduled a hearing on the motion for Thursday. In a further development that could complicate the state's dire need for energy, an alternative supplier won a court fight Thursday to bypass the big utilities and sell its power on the open market. Timber giant Sierra Pacific Industries, which operates four biomass plants that produce power for PG&E, obtained a temporary restraining order in Sacramento Superior Court that says Sierra Pacific is not required to sell its power to PG&E. The ruling means PG&E and Southern Edison could lose power as alternative energy generators, fed up with months of nonpayment, sue to be able to sell their comparatively cheap product elsewhere, including outside the state.
The available transmision capacity (ATC) "derate" did occur and has occured everydaysince about the 24th. This fact was verified to me by our ISO customer contact on Friday. Although we do not have the E-mails anymore, the ISO sends our traders E-mails everyday about the ATC on the ties, so this information is verifiable with the ISO. Our customer contact didn't know exactly what day it had started and I have not wanted to pursue this more with the ISO, not knowing whether we wanted our identity divulged. The reason for the zero rating is that the ISO is in a Stage 3 emergency. The line was again rated at zero today. I have been pursuing the following approaches to getting this issue investigated and resolved. I've talked to Scott Miller at FERC and to Eric Thode in Houston. Eric believes he can get the press to investigate and divulge this information for us in the trade press. So check the trade press tomorrow. Paul Kaufman 01/30/2001 02:41 PM To: [email protected], [email protected], [email protected], Mary Hain/HOU/ECT@ECT cc: Subject: RE: Questions you requested I agree with Craig ... we need to be really, really careful about the earth orbit issues identified below. We shouldn't talk about the derating issue unless we can: (1) confirm the derating occurred and document it; (2) tie the derating directly to action by the new board (i.e., determine that it wasn't due to maintenance or some other physical occurence); (3) show a direct impact on PNW prices that can't be easily explained in another way; and (4) show a continuing pattern (in contrast to an isolated event). ---------------------- Forwarded by Paul Kaufman/PDX/ECT on 01/30/2001 02:40 PM --------------------------- Enron Capital & Trade Resources Corp. From: "Gannett, Craig" <[email protected]> 01/30/2001 01:30 PM To: "'[email protected]'" <[email protected]> cc: "'Hain, Mary'" <[email protected]>, "'Robertson, Linda'" <[email protected]>, "'Kaufman, Paul'" <[email protected]> Subject: RE: Questions you requested This excellent material, and very important, but it's pretty esoteric. If you want to really kick the ISO and Davis in the shins, use Mary's stuff about the ISO derating the transmission line at COB. Assuming it's true that the ISO has effectively shut down the northbound transmission route at the Oregon border in order to hoard power, and that this raised the market price in the NW by about $50-75 per megawatt-hour, and that this is costing the NW $2-5 million per day (at least for the period that Mary looked at), that will send the NW Senators into low earth orbit. If we can establish that this derating ruse was a change adopted by Davis's handpicked ISO board, the NW Senators will escape Earth's gravitational pull. For that very reason, we have to be able to back up anything we say, and we need to anticipate any defenses the ISO may have. But if you want NW elected officials to quit being so polite toward Davis, that will do it. Craig -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Tuesday, January 30, 2001 11:21 AM To: [email protected] Cc: [email protected]; [email protected]; [email protected] Subject: Questions you requested Joshua: I found the Enron staff who have had the conversations with the Oregon PUC so believe the attached Q&A meet your request. If you need additional materials, just let me know. (See attached file: Ron Wyden Qs for Steve Kean.doc) In addition, EPSA sent some questions they would like the Senator to ask of any of the EPSA witnesses (Reliant, Calpine, Williams, or Enron) dealing with the Impact of the Recent changes in the Management of the California Independent System Operator: Background: The Cal ISO acts as the "air traffic controller" for the interstate electric power grid in California. The ISO determines who gets access to the grid and under what terms and conditions. It is the ISO that helps ensure that access to the grid is truly open and non-discriminatory. When the ISO was initially constituted several years ago, a "stakeholder" management board was created that represented a wide range of market interests---power sellers, generators, consumers, political leaders, etc. After the power emergencies began last summer, this board was criticized as too splintered and indecisive. In a response to this perception and in an effort to impose greater control over the ISO, the California state legislature replaced the stakeholder board with a five-person board that serves at the request of the California Governor. QUESTION: The Cal ISO has recently seen its management board changed from one with broad stakeholder representation to one appointed by the California Governor. Given that California is a critical part of a larger western regional power market, how can we ensure that regional power needs are reflected in the decisions of the new state appointed Board? ANSWER: We really can't. Most of the time, the Board has a limited role. However, the "traffic controller" role becomes crucial when the power crunch comes. Every market participant needs to be worried that, during times of real power emergencies, the Cal ISO Board will be too willing to shoot first and ask questions later. Companies with firm transactions involving out-of-state entities may find their needs and commercial interests sacrificed to prevent local political problems. Instead of robust, competitive regional markets, politicizing transmission decisions practically guarantees an increasingly balkanized market.
COLUMBIA GAS TRANSMISSION CORPORATION NOTICE TO ALL INTERESTED PARTIES OCTOBER 26, 2001 Notice ID: 3216 5 - NO RESPONSE REQUIRED SUBJECT: REVISED-CAPACITY UPDATE EFFECTIVE FOR MONDAY, OCTOBER 29, 2001 CHANGES ARE INDICATED WITH AN * Effective Monday, October 29, 2001, capacities will be as follows: Excess MDWQ Available + ISS Withdrawals Available SIT Withdrawals Available Imbalance Drawdowns Available Excess MDIQ Available + ISS Injections Available SIT Injections Available Imbalance Paybacks Available PAL Lends/Unparks Available PAL Parks/Loan Paybacks Available + Call Gas Control 24 hours in advance at (304) 357-2606 to request approval. Non-firm receipt capacity will be as follows: TENNESSEE: Brinker (B12) 20,000 Broad Run (B9) 300,000 Cambridge (B10) 20,000 Dungannon (B11) 20,000 Highland (B17) 0 NOTE: GAS RECEIVED AT HIGHLAND MUST BE DELIVERED IN THE NORTHERN PORTION OF MARKET AREA 38 OR THE NORTHWEST LATERAL OF MARKET AREA 36, DIRECTLY NORTH OF HIGHLAND. Milford (B18) 20,000 North Greenwood (B22) 0 Unionville (B15) 50,000 NOTE: EFFECTIVE THURSDAY, AUGUST 16, 2001, ANY SHIPPER UTILIZING A CONTRACT THAT HAS A PRIMARY RECEIPT POINT(S) WITH THE FOLLOWING POINTS, MUST UTILIZE THESE POINTS: Brinker (B12) Cambridge (B10) Dungannon (B11) Highland (B17) Milford (B18) Unionville (B15) TEXAS EASTERN: Delmont (C16) 0 Eagle (C22) 20,000 Hooker (C9) 20,000 Pennsburg (C23) 20,000 Windridge (C12) 20,000 NATIONAL FUEL: Independence (M1) 0 Ellwood City (L1) 15,000 TRANSCO: Downingtown (E3) 2,500 Emporia I (E13) 60,000 * Rockville (E2) 0 Dranesville (E1) 0 EQUITABLE GAS: Hi Hat (F3) 0 KENTUCKY WEST VIRGINIA (KYWV): Beaver Creek (H1) 0 CNR PIPELINE: Boldman (CNR02) 0 Conoway (CNR03) 0 Johns Creek (CNR08) 0 Canada (CNR09) 0 Canada (CNR10) 0 Stafford (CNR11) 0 Thacker/Majestic (CNR12) 0 Briar Mtn. (CNR13) 0 Huff Creek (CNR14) 0 CONOCO: 0 Grant (P1) 0 NOTE: ANY APPALACHIAN PRODUCTION FLOWING DIRECTLY INTO COLUMBIA'S LINE KA BETWEEN COLUMBIA'S BOLDMAN COMPRESSOR STATION AND COLUMBIA'S HUFF CREEK COMPRESSOR STATION AS WELL AS PRODUCTION FLOWING INTO COLUMBIA'S LINES SM-116, KA-15, PM-3, AND PM-17 IS 0 NON-FIRM. ALGONQUIN: Ramapo (R1) 75,000 ANR: Paulding/Cecil 30,000 (F1, A2) LEBANON AGGREGATE 100,000 (A4, F2, C4, D3) TOLEDO AGGREGATE 100,000 (A3, F4, 734462) COLUMBIA GULF: (801) TCO-Leach 700,000 Internal point non-firm capacity will be as follows: Lanham 0 Delivery capacity (non-firm) will be as follows: TRANSCO: Martins Creek 10,000 (MLI E5) Young Woman's Creek 10,000 (MLI E9) ALGONQUIN: Hanover 0 (MLI R2) EQUITRANS: Fallen Timber 31,000 (MLI K1) Waynesburg-Rhinehart 20,000 (MLI K2) OPT-30 will be available in all market areas. OPT-60 will be available in all market areas. Market Area delivery capacity (non-firm) will be as follows: Operating Area 1 Market Area 33 No Restrictions Market Area 34 No Restrictions Operating Area 2 Market Area 20 No Restrictions Operating Area 3 Market Area 15 No Restrictions Market Area 16 No Restrictions Market Area 17 No Restrictions Market Area 18 No Restrictions Market Area 19 No Restrictions Operating Area 4 Market Area 21 No Restrictions Market Area 22 No Restrictions Market Area 23 No Restrictions Market Area 24 No Restrictions Market Area 25 No Restrictions Market Area 29 No Restrictions Operating Area 5 Market Area 02 No Restrictions Market Area 07 No Restrictions Operating Area 6 Market Area 10 No Restrictions Market Area 11 No Restrictions Market Area 12 No Restrictions Market Area 13 No Restrictions Market Area 14 No Restrictions Operating Area 7 Market Area 01 No Restrictions Market Area 03 No Restrictions Market Area 04 No Restrictions Market Area 05 No Restrictions Market Area 06 No Restrictions Market Area 08 No Restrictions Market Area 09 No Restrictions Operating Area 8 Market Area 26 No Restrictions Market Area 27 No Restrictions Market Area 32 No Restrictions Market Area 35 No Restrictions Market Area 36 No restrictions for southern part of Market Area 36. Primary receipts/deliveries only for gas delivered in the northern portion of Market Area 36. Market Area 38 No Restrictions Market Area 39 No Restrictions Market Area 40 No Restrictions NOTE: GAS DELIVERED IN THE NORTHERN PORTION OF MARKET AREA 38 OR THE NORTHERN PORTION OF MARKET AREA 36 MUST BE RECEIVED FROM TENNESSEE GAS PIPELINE AT HIGHLAND. Operating Area 10 Market Area 28 No Restrictions Market Area 30 No Restrictions Market Area 31 No Restrictions If you have any questions, please contact your Account Representative.
Craig and Kim, As you know, I have obtained a 60 day trial subscription to Moody's RiskCalc. You wanted to know if it makes sense for Enron to purchase RiskCalc. Well, after plowing through their 100 page manual and sitting through today's 2-hour Moody's presentation, it is necessary for us to have information about Enron's counterparties to move to the next step with RiskCalc. We have obtained some information on Enron's European counterparties from our colleagues in the London office. We need for you and/or your colleagues in the Houston office to supply us with a list of Enron's North American counterparties. More specifically, to evaluate Moody's RiskCalc we will need the following financial inputs for Enron's North American (private firm) counterparties: Fiscal Year The prior twelve months of financial data are represented. Annual statements are usable as well as quarterly statements after summing the flow variables, such as cost of goods sold, net income, sales, and EBIT. The value should be a four-digit integer year without mention of the day or month such as 1999 or 2000. Forecasts until the year 2009 can be made. A constant rate of inflation is applied to future years using last year's (1999) inflation level. In general this 'estimation error' will not cause any great problems, as size affects default rates at very large scales (e.g., $10,000,000 vs. $1,000,000 makes a significant difference, $1,000,000 vs. $1,050,00 does not). Cash & Equivalents This measure of liquid assets includes cash and marketable securities. Inventory Inventories are taken directly from the balance sheet, in thousands dollars, without any alterations for accounting method (e.g., LIFO, FIFO, Average Cost). This item represents merchandise bought for resale and materials and supplies purchased for use in production of revenue. Specifically this would include purchase cost, sales cost, sales taxes, transportation costs, insurance costs, and storage costs. Current Assets This item primarily represents cash, inventories, accounts receivables, marketable securities, and other current assets. Total Assets Total Assets and every other variable are entered in thousands of dollars. For example, $15,500,000 should be entered as 15500. Specifically, total assets are the sum of current assets plus net property, plant, and equipment plus other noncurrent assets (including intangible assets, deferred items, and investments and advances). Leave previous year's total assets blank for Australian companies. Current Liabilities Liabilities are positive values. Included in current liabilities are short-term debt, accounts payable, and other current liabilities. Total Liabilities This balance sheet account, total liabilities, is a positive number representing the sum of current liabilities plus long-term debt plus other noncurrent liabilities (including deferred taxes, investment tax credit, and minority interest). Retained Earnings Retained Earnings, a historical measure of performance, is the cumulative earnings of the company less total dividend distributions to shareholders. Typically, it is the prior year's retained earnings plus net income less distributions. Retained earnings are generally positive. Some firms with low credit quality will have negative retained earnings. Leave this field blank for Australian companies. Sales This item consists of the industry segment's gross sales (the amount of actual billings to customers for regular sales completed during the period) reduced by cash discounts, trade discounts, and returned sales and allowances for which credit is given to customers. Cost of Goods Sold Entered in thousands of dollars, this value is generally a positive number less than sales. It represents all costs directly allocated by the company to production, such as material, labor, and overhead. Not fixed overhead or items that would be included in Selling, General, and Administrative Expenses. Leave this field blank for Australian companies. EBIT Earning before interest expense is operating income after depreciation. It can be positive or negative but is usually greater then net income. Interest Expense This item represents the periodic expense to the company of securing short- and long-term debt. Typically, we expect this charge to be approximately the prevailing interest rate times the total liabilities. One measure of computing this is: Interest Expense = 0.07 * total liabilities. Net Income This item represents the income (or loss) reported by a company after expenses and losses have been subtracted from all revenues and gains for the fiscal period including extraordinary items and discontinued operations. A loss is represented by a negative sign. For example, a $5,000,000 loss would be entered as -5000. Leave previous year's net income blank for Australian companies. Extraordinary Items Positive or negative, this item represents unusual items that sometimes appear on the income statement. The items are designated by the company as extraordinary and presented after net income from continuing operations and discontinued operations. These items include extraordinary gains/losses, income (loss) from discontinued operations, and cumulative affect of accounting changes. Expenses are entered as negative values, gains as positive values. Leave previous year's extraordinary items blank for Australian companies. Country This model is calibrated for the United States, Canada, and Australia. We look forward to receiving this information for Enron's private firm North American counterparties so that we can move on to the next step with the evaluation of RiskCalc. Thanks, Iris
Mike, Thanks for your message. You are on point as to my intent. From the discussion I had with Andy last week, there seems to be several similarities between the Metals business and industrial markets. I believe the blueprint that is forthcoming will provide more insight that will be helpful to you all. We would love to share this with you, and also discuss your system direction. There may be some opportunities for us to work together on the development. I would like to have a discussion to talk about next steps, and believe Andy is planning to initiate this after he returns from holiday. Let me know if you have some other ideas. I'm sorry that we didn't have a chance to get together last week while I was in London. My trip was very short, and I kept missing you when I went to your desk. I'll plan some time with you when I'm there next time. Mike Jordan 01/24/2001 07:51 AM To: Brenda F Herod/HOU/ECT@ECT cc: Sally Beck/HOU/ECT@ECT Subject: Re: Metals Brenda It strikes me that the planning documentation could be enormously useful to us in backtesting our existing processes and determining any potential overlaps Is there any obstacle to access to this information ? Enron Capital & Trade Resources Corp. From: Brenda F Herod 23/01/2001 23:40 To: Andrew Cornfield/LON/ECT@ECT cc: Mike Jordan/LON/ECT@ECT, Paul Wallace/LON/ECT@ECT, John Jacobsen/HOU/ECT@ECT, Roy Lipsett/HOU/ECT@ECT, Michael E Moscoso/HOU/ECT@ECT, Kristen J Hanson/HOU/ECT@ECT, Yvette G Connevey/Corp/Enron@ENRON, Jill Lafave/ENRON@enronXgate, Delmar Davis/ENRON@enronXgate, Daniel Hamilton/ENRON@enronXgate Subject: Re: Metals Andy, Thanks so much for your message. I had you on my "To Do" list today to follow-up from our conversation last week. I appreciate your responses, and will follow-up as needed. Just to recap EIM's current inititives. PriceWaterhouseCoopers (PWC) was engaged in 10/00 to develop a business plan for tactical and strategic solutions for the projected growth in the physical business. In 11/00, AA was engaged to develop a "Blueprint" of EIM major processes (Deal Execution, Deal Capture, Risk Management, Logistics, Settlements and Financial Reporting), down to level 2 processes. The initiatives have been combined into one team focused on delivering the "Blueprint", a gap analysis of Enron systems to business needs and recommended systems. A complete "roadmap" should be laid out with a 0-3months, 4-6months, 7-9 months and 10-12months timeline. The plan addresses tactical also. Our overall objective: Build an infrastructure (people, processes and systems) that is scalable and supports the trading business of EIM. The current industries are Forest Products and Steel. However, additional industries may be added. The targeted infrastructure would require little change to support new industries. The delieverable is expected by the end of 2/01. We'd be happy to visit with you all (video conference or Houston,....) to give you more information. Let me know how to proceed. Thanks again for your time. Since I wasn't able to attend the Controllers' Conference last 10/00, I'm glad I got to meet you last week. Stay in touch. Brenda To: Brenda F Herod/HOU/ECT@ECT cc: Mike Jordan/LON/ECT@ECT, Paul Wallace/LON/ECT@ECT Subject: Metals Brenda As discussed at our meeting last week there are a few areas of commonality between Enron Metals and EIM that should allow leverage off common goals. In particular I promised info on a few areas: Project Q assessment A lot of the issues raised in the report are particular to Enron Metals (being to do with interfaces with our AS400 ysstem) however high level issues which formed part of the decision to not develop this for Enron metals were: Q is over specified for metals. Traffic / logistics for metals is less complex than oil & coal. Metals process tends towards Buy>Store>Sell whereas for liquids the storage is not as prevelant Metals logistics typically involves trucks whereas liquids is ship/barge 2. Inventory Controls Again the reports produced here have been very specific to Enron Metals. Paul Wallace a manager in the co-ordination function is working extensively on developing the controls in this area. I would suggest that you contact Paul directly if you wish to discuss specific areas or inventory controls in general. 3. Funding of inventory We have a structured finance facility here in London. The deal is specific to Enron Metals markets in that it works by reference to LME prices as these are the base index for all the positions placed in the facility. If structured financing is sort for EIM then it would be appropriate to talk to either David Tregar (Metals Commercial) or Bill Appleby (Global Finance) as an intro to the issues faced. 4. Curve Management Process The markets in which our merchanting division trades are based on the LME curves but are linked to a large number of basis curves for quality and location. Given the vast number we have opted to break down the markets by brand group and port location. E.G. for Copper this means we have a grid with 5 brand groups and 3 sets of port groups (13 for europe, 7 for the US and 6 for the Far East). The maintaince & price testing of the grids is made manageable by the fact the premiums only need be entered for brand and port groups by the traders yet prices can be tested by reference to node points i.e. price of specific brand at a given location which can be checked to a market quote. 5. Re recruitment of paper traders I haven't been able to contact him but I recall that the brother of David Rosenblum, one of the metals traders in Chicago, is a trader of recylced paper. I'll keep you posted on long term system development plans here in London. I'd appreciate same for EIM. Regards Andy
BUSINESS HIGHLIGHTS Enron Industrial Markets The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM. TD is responsible for asset and corporate acquisitions to support EIM,s efforts in the Forest Products and Steel industries. TD works with EIM,s Forest Products and Steel Origination groups to structure and execute complex transactions for EIM,s customers. TD also manages EIM,s equity investments, such as EIM,s ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada. TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering. In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization. Enron Freight Markets Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week. There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move. IN THE NEWS "Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions. As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001 WELCOME New Hires EIM - Cheryl Lindeman ENA - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy Transfers (to or within) ENA - Grace Taylor, Steven Irvin, Dina Snow NUGGETS & NOTES Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001. Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376. This is a great event for "new" as well as established customers. There will be a cocktail reception immediately after the presentations. Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco. Dates to be announced soon. Travel tip of the week: Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge. EnronOnline Statistics Below are the latest figures for EnronOnline as of May 29, 2001. * Total Life to Date Transactions > 1,015,000 * Life to Date Notional Value of Transactions > $610 billion NEWS FROM THE GLOBAL FLASH Enron arranges first gas pipeline import into Italy Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy. The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy. Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from Ruhrgas and TransitGas respectively. Aside from isolated LNG imports by incumbent monopolies this is the first time that any company has managed to import natural gas by pipeline into Italy since the Italian gas sector was officially liberalised in August 2000. The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be used to meet the needs of two thirds of Blugas' residential customers within the four municipalities. The current contract lasts for five months. Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh, Marco Lantieri and Daniela Uguccioni. Enron in the Middle East Enron has relinquished its stake in Dolphin Energy, the joint venture company formed to develop gas reserves in Qatar. Enron has agreed to transfer its 24.5 per cent stake in the project to the United Arab Emirates Offset Group (UOG), the majority shareholder. The agreement allows Enron to deploy capital elsewhere and gives UOG the opportunity to seek new partners before the project moves into its next phase. Development of the Emden/Oude gas hub moves ahead fast An important milestone in the evolution of the new gas trading hub on the Dutch-German border was reached last week. Last Friday some of the major European gas players held a meeting to officially establish the Emden/Oude gas hub. Although Enron had already initiated the development of the Emden/Oude hub by making a market through EnronOnline as early as December 2000, the goal of this meeting was to set up a working group similar to the Zeebrugge focus group who can work on setting a legal framework for the Emden/Oude hub. Enron was elected as the only new market entrant in this group, reflecting the high level of respect industry peers have for Enron as a major player in the Continental gas market -- even from incumbents! LEGAL STUFF The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries. It is intended for internal use only and should not be disclosed.
BUSINESS HIGHLIGHTS East Power Midwest Origination Beginning late 2000, East Power Marketing implemented a complete market coverage strategy. Since then, EPMI has begun to develop relationships with hundreds of small &mom & pop8 municipalities. Many of these munis had no prior contact with Enron. As a result, East Power has executed a valuable 30 MW energy call option term purchase from the Municipal Energy Agency of Nebraska (MEAN) at a congested location. Enron Industrial Markets EIM has renamed Pulp, Paper & Lumber to Forest Products in order to fully encompass our multiple product offerings. East Power Development The Planning and Zoning Commission for Pompano Beach, FL approved ENA's rezoning request and site plan for the Pompano Beach Energy Center, a 510 megawatt peaking power plant. On the rezoning request, the vote was 6 to 1, and on the site plan, the vote was 7 to 0. The rezoning request will be forwarded to the Pompano Beach City Commission for their review. Additionally, the Florida Department of Environmental Protection (DEP) has announced its intention to issue an air permit for the facility. Next steps include a DEP public hearing on Monday, March 26, and the first of two votes on the rezoning request before the Pompano Beach City Commission, which is scheduled for Tuesday, March 27. IN THE NEWS EWS Brown Bag Lunch Mark Your Lunch Calendars Now! The next one is scheduled for Thursday, March 15, 2001 featuring Ray Bowen. He is the COO of EIM and will be discussing Enron Industrial Markets. Open Forum Editorial in The San Francisco Chronicle by Kenneth Lay 3/1/01 What has happened in California over the past four years is not deregulation. It is misguided regulation. Deregulation does not mean eliminating customer choice and competition for most customers. Deregulation does not mean limiting new market entrants. Fewer than five percent of customers in California are served by competing suppliers. Deregulation does not mean creating a single central power pool from which all participants must buy and sell their wholesale power; the state Power Exchange effectively replaced three monopoly buyers with one monopoly buyer. Deregulation does not mean buying all of your commodity at the last minute, on the spot market, rather than planning ahead and purchasing most of the power under long-term contracts that lock in prices. The situation in California is the result of continued regulation, complicated by a series of natural and man-made factors. WELCOME New Hires EGM - Lowell Bezanis, Owen Zidar EIM - Eric Holzer, John Ovanessian ENA - Mecole Brown, Nita Garcia, Ambroshia Hunter, Nikole Jackson, Junichi Sugiura, Theresa Zucha, Cynthia Gonzalez, Scott Wilson, Kenton Schaefer, Emily Butler Transfers ENA - Joseph Hardy, Nancy Vu, Lloyd Miller, Jinsung Myung, Patrick Johnson, Jason Wolfe, Andrew Miles, Sara Shackleton EIM - Sherri Baldwin, Debbie Chance, Rob Saltiel EGM - Jody Crook, Neithard Foley, Juan Paysse, Bhavna Pandya, Courtney Campbell, Terri Denning NUGGETS & NOTES "It is on the high side of medium to high." --Tim Battaglia, Vice President/Steel Origination EIM (discussing the probability of a transaction closing). &I wanna see the phone glued to your ear!8 -- Ed Baughman, Vice President/East Power Mid Market ENA &REFERRALS, REFERRALS, REFERRALS! It pays to know good people." ) Ambroshia Hunter Perry/HR ENA You requested more info(. Proud parents Michelle Vitrella, PR coordinator, and husband David Vitrella, manager of trading, have named their baby girl Lily Ann. She was born on February 27, 2001. Learning at the Speed of Enron If you haven't had a chance to log on to www.investinme.enron.com, you're missing a fast and easy way to gain the information you need to get ahead and stay ahead. This new EWS training site combines everything you loved about Ernie with much, much more. Enron employees now have the ability to register for hundreds of classes on industry-related topics anywhere in the world. Don't have time to attend a classroom training? No problem, you can now use the web site to search for books, videos, CD ROM, and web-based training. All the learning you want, anytime, anywhere. Just go to www.investinme.enron.com and start building your future today! NEWS FROM THE GLOBAL FLASH Enron Wind Enron Wind has purchased the factory facilities of the Dutch company, Aerpac, Europe's second largest producer of wind turbine rotor blades. This move represents a significant step towards fulfilling Enron Wind's strategic objective of manufacturing high-quality and technically sophisticated rotor blades in-house. Enron Wind will be using its own moulds to produce the rotor blades. The acquisition of the Almelo-based factory facilities, which are only 60 kilometres from Enron Wind's facilities in Salzbergen, Germany, gives the company a convenient base for European wide distribution. Enron applies for Greek electricity trading license Enron, through its subsidiary Enron Power MEPE, has applied for an electricity supply license for Greece, for the 34% market opening on Feb 19th 2001. If the license application is successful, Enron will be allowed to approach customers consuming more than 100GWh up to a combined total peak capacity of 350MW. In total, 4 companies have applied for power trading licenses (Enel, ATEL and Cinergy also applied). LEGAL STUFF The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries. It is intended for internal use only and should not be disclosed.
Please join me and the Global Accounting leadership team in congratulating the following individuals on their promotions to: To Managing Director Sally Beck (EWN) Fernley Dyson (EEL) To Vice President Beth Apollo (ENW) Janine Juggins (EEL Tax) Phillip Lord (EBS) Laura Scott (ENA) Chris Sherman (ENA) Wade Stubblefield (EES) To Senior Director Buddy Aiken (EEL) Jim Coffey (ENA) Donette Dewar (Intl. Tax) Patricia Dunn (NEPCO) Mark Frank (ENA) William Gehle (EECC) Joseph Grajewski (EECC) Jan Johnson (Corp) Scott Mills (ENW) James New (EEL) Mary L. Ruffer (ENA) Richard Sage (EEL) Elaine Schield (Corp) Kevin Sweeney (ENW) Beth Wapner (EBS Tax) Director Thresa Allen (ENW) Ron Baker (Corp) Misty Barrett (EES) Jeff Blumenthal (EWS) Trey Cash (Corp Tax) Karen Choyce (Corp) Cheryl Dawes (ENA) Lanette Earnest (EWS Tax) Jeffrey Gossett (ENW) Robert Guthrie (ETS Tax) Susan Helton (ENA) Ralph Jaeger (EEL) Andrea Kerch (EEL) Faith Killen (ENA) Johnna Kokenge (Corp) Matt Landy (EEL) Andy Lawrence (ISC) Connie Lee (EBS) Caroline Lothian (EEL) Meg Malone (Corp Tax) Gary Peng (Corp) Stephen Schwarzbach (Corp) Sally Seelig (EES Tax) Don Shackley (EES/London Tax) Patricia Shannon (Corp) Eddie Sikes (Intl. Tax) Jeffrey Smith ( EGM) Ron Smith (GSS) Kim Theriot (ENW) Hope Vargas (ENA) Tina Ward (EEL) Stephen Whitaker (EEL) Stacey White (ENW) Rob Wilcott (Corp) To Manager Christopher Abel (ENW) Stacey Aune (ENA) David Baumbach (ENW) Maya Beyhum (ENW London) Patricia Bloom (ENA) Matthew Brown (ENW) Vince Cacaro (ISC) Clara Carrington (ENW) Carol Carter (ENA) Carolyn Centilli (ISC) Erin Copeland (EECC) Richard Cross (ENW) Rachel Davis (Corp) Michael Desbiens (ISC) David Dupre (ISC) Eileen Flanagan (EEL) Regina Figueroa (ISC) Rebecca Ford (ENW) Darron Giron (ENW) Julie Goodfriend (International Tax) Karen Gruesen (ENA) Kevin Hall (EEL) Kristen Hanson (ENW) David Horne (ISC) Larry Hunter (ENW) Todd Hunter (EES) Jim Ischy (GSS) Chris Jones (ISC) William Kasmervisz (ENW) Kam Kaiser (ENW) Kedar Kulkarni (ISC) Monica Lande (ENW Portland) Suzanne Lane (EEL) Vince Mack (ISC) David Maxwell (ENW) Emitra Nelson (ISC Caroline Nugent (EWS Tax) Mark Pope (ISC) Yiannis Poulopoulos (London Tax) Melissa Ratnala (ENW) Jason Sharp (Corp Tax) Stephanie Smith (Corp) Patricia Spence (ENW) Amy Spode (ENW) Patricia Sullivan (ENW) Lisa Sutton (ETS) John Swinney (ENW) Deana Taylor (Corp) Dimitri Taylor (ENW) Wayne Tencer (EES) Bernella Tholen (ENA) Theresa Vos (ENA) Blake Walker (EECC) Bob Ward (International Tax) David Williams (EEL) To Senior Specialist Amelia Alland (ENW) James Armstrong (ENA) Carmen Ayala (GSS Cynthia Balfour-Flanagan (ENW) Gilda Bartz (Corp) Stacey Brewer (ENW) Marian Briscoe (Corp Tax) Aneela Charania (ENW) Patricia Clark (Corp) Chris Crixell (EES Tax) Diane Ellstrom (ENW) Heidi Griffith (EES) Marla Hernandez (ISC) Marlene Hilliard (ENW) Dave Hollick (London Tax) Rachel Jones (EEL) Dawn Kenne (ENW) Harry Kent (EWS Tax) Blanca Lopez (ENA) Brian Hunter Lindsay (EEL) Rachel Lyon (EEL) Stacy Hardy (ENA) Sally McAdams (ISC) Kelly McCain (Corp Tax) Errol McLaughlin, Jr. (ENW) Sylvia Martinez (ISC) Kevin Meredith (ENW) Meredith Mitchell (ENW) Winnie Ngai (Corp Tax) Thien-Huong Ngo (ENW) Brian Palmer (ENW) Bich Ann T Pham (ENA) Shelly Pierson (Corp) Lillie Pittman (ISC) David Rae (ENW) Dixie Riddle (ETS Tax) Salvador Dominguez (Corp) Mark Schrab (ENW) Stephanie Sever (ENW) Danielle Shafer (ISC) Shifali Sharma (ENW) Keith Simper (ENA) Christopher Spears (ENW) Caron Stark (ISC) Tara Sweitzer (ENW) David Vandor (ENA) Mary Womack (ISC) David Yang (International Tax) Sabrae Zajac (ENW) To Specialist Kim Chick (EES Tax) Justin East (EEL) Joey Esperance (International Tax) Randi Howard (ISC) Melanie Hutchinson (EWS Tax) Mary Joseph (Corp Tax) Sherri Kathol (International Tax) Lex Lacaze (International Tax) Michelle LeBlanc (Corp Tax) Ling Li (EWS Tax) Kori Loibl (ENW) Alan Marsh (Corp Tax) Bruce Mills (ENW) Erika Moore (EEL) Matthew Motsinger (ENW) Sherry Meyers (ISC) Andrea Price (Corp Tax) Bernice Rodriguez (ENW) Tina Salinas (EES Tax) Brent Vasconcellos (Corp Tax) Brandi Wachtendorf (ENW) Patryk Wlodarski (ENW London) To Entry Specialist Stuart Sheldrick (EEL) To Accountant I Becky Klussman (Corp) To Accountant II Silvia Shelby (Accounts Payable) To Staff Mary Behn (EES) Guy Freshwater (ENW London) Geralynn Gosnell (ENW) Richard Miley (ENW) Brent Storey (ENW London) Stuart Thom (ENW London) Judith Walters (ENW) Jonathan White (ENW London) Joan Winfrey (ENW) To Senior Tax Analyst Emily Allwardt (International Tax) Leon Branom (EBS Tax) Shanna Husser (EES Tax) Shilpa Mane (Corporate/London Tax) Todd Richards (Corp Tax) Michelle Thompson (Corp Tax) To Sr. Administrative Assistant Norma Chavez (International Tax) Sarah Knott (ENW London) To Sr. Travel Administrator Cheryl Slone (GSS ) To Administrative Coordinator Heather Choate (ENW) Kayla Heitmeyer (GSS) To Senior Clerk Angela Barnett (ENW) Matthew Davies (ENW London) Daniela De Lisi (ENW London) Rufino Dorteo (ENA) Mark Pilkington (ENW London) Narjinder Sandhu (EEL) Howard Sweasey (EEL) Laura Vargas (ENW) Jo Ann Woods (Corp Tax) To Intermediate Clerk Maria Maldonado (Accounts Payable) Araceli Mondragon (Accounts Payable) Irma Rodriguez (Accounts Payable) Bernita Sowell (Accounts Payable)
Press Release SOURCE: uDate.com, Inc. uDATE REPORTS SUBSTANTIAL GROWTH IN SUBSCRIPTION RECEIPTS AND NEW REGISTERED MEMBERS NEW YORK, June 5 /PRNewswire/ -- uDate.com, Inc. (OTC Bulletin Board: UDAT - news), the online personals group providing dating and matchmaking services globally through the two leading brands http://www.udate.com and http://www.kiss.com, today reports continued growth in registered members and subscription receipts for both April and May 2001. During April 2001 the company recorded 275,440 new registered members and took $1,435,610 in membership subscriptions. May 2001 showed continued growth with 385,425 new registered members and 1,542,434 in membership subscriptions. ``I am delighted with the company's strong and consistent growth which is in line with our expectations. These results are spectacular and clearly demonstrate the progress we are making with the development of the business and the consolidation of Kiss.com. Our total membership database now extends to 4,546,236 registered members and our position as the leading publicly traded business dedicated to this market sector is now firmly established,'' said Mel Morris Chief Executive Officer of uDate.com, inc. As a direct result of the growth during April and May, 2001 the uDate.com web site has been regularly hosting an estimated 4,500 online users during peak hours, up from 3,500 users during the first quarter of 2001. ``In analyzing the uDate.com and Kiss.com applications we have identified a number of opportunities which we intend to take advantage of. Our technology team is currently working on the integration and optimization of the applications and we expect to complete this work during Q3 2001. At that point we will consider further consolidation opportunities,'' Morris added. About uDate.com, Inc. uDate.com, Inc. operates high-quality web sites that serve the online singles community. The company stresses service, efficiency and personal security through its two leading brands uDate.com (http://www.udate.com) and Kiss.com (http://www.kiss.com). uDate.com was launched commercially in February 1999 to provide a comprehensive Internet dating service featuring extensive customer profiles, sophisticated matchmaking technology and fully integrated instant messaging capabilities. uDate.com operates at the top end of its market sector with more than 1.8 million registered members and provides features that surpass the most professional off-line dating services. Kiss.com was launched in 1995 and is a market leader in the provision of online picture personals. Kiss' product offering provides its more than 2.7 million registered members with immediate opportunities for dating and romance, as well as a number of off-line services such as special events. Both uDate.com and Kiss.com web sites offer free registered membership. A registered member of either web site may post their profile and photographs and utilize the search or matchmaking features offered by the site. To enable communication with other members however, registered members must purchase a subscription. Subscription plans are available allowing communication for periods of five days to 24 months. Forward-Looking Statements Subscription receipts as stated in this release relate to paid memberships purchased during the period stated. Revenues reported in SEC filings are prepared subject to US GAAP and are based on subscription receipts for the period, adjusted for deferred revenues to take account of membership pre-payments. Certain statements in this press release that do not contain historical facts or information are ``forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include those (a) that contain the words ``may,'' ``will,'' ``should,'' ``estimates,'' ``predicts,'' ``potential,'' ``continue,'' ``strategy,'' ``believes,'' ``anticipates,'' ``plans,'' ``expects,'' ``intends,'' and similar expressions, (b) that describe any of the Company's or management's plans, objectives or goals for future operations and products, or (c) that concern the characteristics and growth of the Company's markets or customers or products or the expected liquidity and capital resources of the Company. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, levels of activity, performance or achievements of the Company to be materially different from any future levels of results, activity, performance or achievements expressed or implied by such forward-looking statements. Such risks include, among others, those set forth in the Company's Annual Report on Form 10-KSB under the heading, ``Risk Factors'' contained within Item 6. Management's Discussion and Analysis or Plan of Operations. Such Risk Factors include the following: risks related to the Company's financial condition and business model, risks related to the Company's markets and strategy, risks related to the internet and the Company's technology infrastructure, risks related to government regulation, and risks related to volatility in the price for the Company's securities and the effect of future sales of the Company's common stock. For a detailed discussion of these risk factors and other cautionary statements, please refer to the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-KSB for the most recently ended year. SOURCE: uDate.com, Inc.
FYI, if you didn't get this already. Michelle -----Original Message----- From: Murray, Julia Sent: Friday, July 13, 2001 4:23 PM To: Aguilar, Darrell; Aguilar, Elsa; Allen, Zachary; Amo, Lou; Araoz, Jaime; Asterman, Tim; Baldwin, Jeffrey; Barnes, Ronald; Battaglia, Tim; Battarbee, Matthew; Bechmann, Charles; Bergen, Bob; Berger, Geoffrey; Bhatia, Om; Bieser, Art; Biggerstaff, Finley; Blaylock, John; Bob, Winston; Bonner, Elliot; Bookman, Ester; Booth, Valerie; Boudreaux, Jay; Bowen Jr., Raymond; Briskey, Darralyn; Brown, Bill W.; Brown, Stanton; Bruce-Jones, Tom; Bruch, Greg; Bryja, James; Burgher, Cedric; Burkhart, Paul; Burlison, Joe; Carrizal-Moulinet, Rosie; Carter, Karen E.; Carter, Melissa; Carter, Sylvia; Castleman, Kent; Causholli, Monika; Cavazos, Brandon; Chance, Debbie; Charbonneau, Chris; Chavez, Gabriel; Chen, Will; Chenoweth, Christopher; Cockrell, Rainier; Coker, Ron; Colpean, Amanda; Comeaux, Clinton; Conner, Andrew R.; Connor, Eric; Cordesman, Kevin; Cose, Simon; Coulter, Jodi; Crane, Bob; Croom, Chris; Csikos, Lisa; Culver, Matt; Cyprow, Jarrod; Daniel, John; Davis , Chris ; Davis, Del; Deadwyler, Erik; Determeyer, Peggy; Deveau, Helene; Dickson, Melia; Dimitry, Dirk; Durr, Deborah P.; Dutton, Cassandra S.; Epstein, Jay; Ernst, Nicholas; Everett, Brenda; Farace, Craig; Fiandt, Terri; Fitzgerald, James; Ford, Shawna; Forster, Avril; Foster, Craig; Garcia, Micheal; Garza, Lydia; Giarratano, Michael; Gregory, Paul; Groth, Magnus; Hamilton, Daniel; Haney, Lori; Hanks, Paul D.; Hanson, Kristen J.; Hark, John; Hermans, Greg; Herrick Jr., Donald W.; Hiddleston, Craig; Hoang, Charlie; Hollander, Corey; Holmes, Martin; Holt, Chris; Holzer, Eric; Hutchinson, Elizabeth; Ihrig, Chad; Jacobsen, John; Jose, Maricar; Kabel, Jeff; Kaiser, Cheryl; Kang, Daniel; Kathol, Sherri; Kattner, Janine; Keenan, Sean; King, Wendy; Kirchhofer, Brad; Klein, Stephen; Kristal, Yana; Krohn, Todd; Lafave, Jill; Leclaire, Maxime; Lindeman, Cheryl; Lipsett, Roy; Malcolm, Rodney; Mao, Lydia; Mao, Shari; Marshall, Carol Jean; Martin, Letha; Mathieu, Tom; Maxwell, David; Mayes, Fran; McClendon, Lisa; Mccormick, George; Mccrory, Ian; McDowell, Doug; McFee, Kerry; McKone, Tim; McMahon, Jeffrey; Messer, Bruno; Mestci, Karaca; Milan, Liz; Moreno, Douglas V.; Morris, Stella L.; Moscoso, Michael E.; Mulrooney, Tammy L.; Mundim, Milson; Newton, Jerry; Ng, Annie; Noel, Thierry; Nutt, Jeff; O'Donnell, Kevin; OKeeffe, Justin; Parsons, Douglas; Patel, Adnan; Patel, Sanjay; Pedroza, Esthela; Perez, Eugenio; Pernot, Catherine; Poole, Thomas Mark; Ravji, Neville; Ray, Stanton; Reed, Andrea V.; Rehman, Shiraz; Repole, Gianpiero; Richard, Robert; Rickard, Craig; Riley, Jennifer; Rios, Jason; Roberts, Cuthbert; Robinson, Richard T.; Ruder, Romney; Ruiz, Carlos; Saltiel, Robert; Schaefer, Kenton; Scheuer, Robert; Blumenthal, Jeff; Bradford, William S.; Cash, Michelle; Clark, Morris; Collins Jr., Harry M.; Curry, Ken; Del vecchio, Peter; Douglas, Stephen H.; Korkmas, Deb; Lyons, Dan; North, Carol; Rajaram, Aparna; Sayre, Frank; Seaworth, Douglas; Seksaria, Rahul; Sengele, Julia; Sfikas, Thomas; Shackleton, Sara; Siewert, Philip; Silva, Linda; Singh, Vikram; Smolar, Gregory; Spencer, Cindy; Stapley, Cecil; Stoler, Lou; Sullivan, Christine; Sweeney, Kevin; Tagaropulos, Dimitri; Talley, Darin; Tamm, Mike; Taylor, Abigail; Taylor, Charles A - HR; Ueckert, Allen W.; Vanlandingham, Jennifer; Varma, Sanjaya; Velez, Ana Mae; Velez, Luis; Wales, Stacey; Wang, Anne; West, Andy; Wierbicki, Paul; Wilder, Wesley; Wilson, Andrew; Wood, Shelly; Wright, Glenn; Wu, Allan; Wu, Nelson; Yoho, Lisa; Zacouras, Nick Cc: Adams, Suzanne; Alcantara, Ana; Baldwin, Sherri; Barba, Juan; Brandli, Christina; Castillo, Brenda; Castillo, Rosie; Chanaba, Nyree; Craig, Braedi; Davis, Tammie; English, Patricia; Escamilla, Grisela; Ford, Sue; Griffin, Vanessa; Gutierrez, Laura; Haldeman, Sandy; Keesler, Martha; Lopez, Vickie; Mitchell, Luann; Morado, Christina; Moreno, Ana; Reyna, Sarah; Rozycki, Joanne; Schiller, Marsha; Serwin, Rebecca; Spencer, Becky; Sweet, Twanda; Trevino, Dora; Truss, Stephanie; Warner, Geriann; Watson, Jennifer; Weldon, Kim Subject: FCPA Training for EIM We will be conducting one-hour training sessions regarding U.S. Foreign Corrupt Trade Practices Act ("FCPA"), U.S. Trade Sanction Laws and U.S. Anti-Boycott Laws at the following times in EB5C2: Tuesday, July 24, 2001 10:00 a.m. - 11:00 a.m. 3:00 p.m. - 4:00 p.m. 4:00 p.m. - 5:00 p.m. Tuesday, July 31, 2001 10:00 a.m. - 11:00 a.m. 3:00 p.m. - 4:00 p.m. 4:00 p.m. - 5:00 p.m. This training is designed for traders, originators, accountants, lawyers, back and mid-office support and anyone who deals with foreign government officials or foreign consultants to give them the ability to spot FCPA issues and know when to contact the Legal Department concerning these often subtle events and issues. Michelle Blaine, an attorney with the Enron Wholesale Services Legal Department who conducts this training for Enron worldwide, will make these presentations. We are conducting the training for both Enron Industrial Markets and Enron Global Markets. You will be able to go into the site: http://elm.enron.com beginning Monday, July 16, 2001 and register for one of the sessions under "FCPA/Trade Sanction Laws", which will be listed under the Corporate Compliance Category. Should you have any questions, you can contact Carolyn George at Ext. 33439 or at [email protected]. Also, please feel free to forward this invitation to others who could benefit from this training. Julia Heintz Murray Managing Director and General Counsel Enron Wholesale Services Enron Industrial Markets LLC 1400 Smith Street, EB3838 Houston, Texas 77002 Phone: 713/853-3439 Fax: 713/646-3393 [email protected]
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 10/09/2000 02:00 PM --------------------------- Richard Burchfield 10/06/2000 06:59 AM To: Phillip K Allen/HOU/ECT@ECT cc: Beth Perlman/HOU/ECT@ECT Subject: Consolidated positions: Issues & To Do list Phillip, Below is the issues & to do list as we go forward with documenting the requirements for consolidated physical/financial positions and transport trade capture. What we need to focus on is the first bullet in Allan's list; the need for a single set of requirements. Although the meeting with Keith, on Wednesday, was informative the solution of creating a infinitely dynamic consolidated position screen, will be extremely difficult and time consuming. Throughout the meeting on Wednesday, Keith alluded to the inability to get consensus amongst the traders on the presentation of the consolidated position, so the solution was to make it so that a trader can arrange the position screen to their liking (much like Excel). What needs to happen on Monday from 3 - 5 is a effort to design a desired layout for the consolidated position screen, this is critical. This does not exclude building a capability to create a more flexible position presentation for the future, but in order to create a plan that can be measured we need firm requirements. Also, to reiterate that the goals of this project is a project plan on consolidate physical/financial positions and transport trade capture. The other issues that have been raised will be capture as projects on to themselves, and will need to be prioritised as efforts outside of this project. I have been involved in most of the meetings and the discussions have been good. I believe there has been good communication between the teams, but now we need to have focus on the objectives we set out to solve. Richard ---------------------- Forwarded by Richard Burchfield/HOU/ECT on 10/06/2000 08:34 AM --------------------------- Allan Severude 10/05/2000 06:03 PM To: Richard Burchfield/HOU/ECT@ECT cc: Peggy Alix/HOU/ECT@ECT, Russ Severson/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Kenny Ha/HOU/ECT@ECT Subject: Consolidated positions: Issues & To Do list From our initial set of meetings with the traders regarding consolidated positions, I think we still have the following issues: We don't have a single point of contact from the trading group. We've had three meetings which brought out very different issues from different traders. We really need a single point of contact to help drive the trader requirements and help come to a consensus regarding the requirements. We're getting hit with a lot of different requests, many of which appear to be outside the scope of position consolidation. Things left to do: I think it may be useful to try to formulate a high level project goal to make it as clear as possible what we're trying to accomplish with this project. It'll help determine which requests fall under the project scope. Go through the list of requests to determine which are in scope for this project and which fall out of scope. For those in scope, work to define relative importance (priority) of each and work with traders to define the exact requirements of each. Define the desired lay out of the position manager screen: main view and all drill downs. Use the above to formulate a project plan. Things requested thus far (no particular order): Inclusion of Sitara physical deals into the TDS position manager and deal ticker. Customized rows and columns in the position manager (ad hoc rows/columns that add up existing position manager rows/columns). New drill down in the position manager to break out positions by: physical, transport, swaps, options, ... Addition of a curve tab to the position manager to show the real-time values of all curves on which the desk has a position. Ability to split the current position grid to allow daily positions to be shown directly above monthly positions. Each grouped column in the top grid would be tied to a grouped column in the bottom grid. Ability to properly show curve shift for float-for-float deals; determine the appropriate positions to show for each: Gas Daily for monthly index, Physical gas for Nymex, Physical gas for Inside Ferc, Physical gas for Mid market. Ability for TDS to pull valuation results based on a TDS flag instead of using official valuations. Position and P&L aggregation across all gas desks. Ability to include the Gas Price book into TDS: Inclusion of spread options in our systems. Ability to handle volatility skew and correlations. Ability to revalue all options incrementally throughout the trading day. Approximate delta changes between valuations using instantaneous gamma or a gamma grid. Valuation of Gas Daily options. A new position screen for options (months x strike x delta). TBD. Inclusion of positions for exotic options currently managed in spreadsheets. Ability to isolate the position change due to changed deals in the position manager. Ability to view change deal P&L in the TDS deal ticker. Show new deal terms, prior deal terms, and net P&L affect of the change. Eliminate change deals with no economic impact from the TDS deal ticker. Position drill down in the position manager to isolate the impact of individual deals on the position total in a grid cell. Benchmark positions in TDS. Deployment of TDS in Canada. Currency and volume uom conversions. Implicit and explicit position break out issues. -- Allan. PS: Colleen is setting up a meeting tomorrow to discuss the direction for transport. Hopefully we'll know much better where that part stands at that point.
Good points. But you'll be happy to know that I bought 100 shares of enron yesterday. Now I own your ass! >From: [email protected] >To: "Scott Laughlin" <[email protected]> >CC: [email protected], [email protected], [email protected], >[email protected], [email protected], >[email protected] >Subject: Re: letter >Date: Fri, 6 Apr 2001 15:50:01 -0500 > > >This thing's been floating around the web for a while. Show's what's wrong >with good ol' California. To wit: > > We want federal water subsidies so we can kill the fish and grow rice > and grapefruit in the desert ("and we'll keep it all for us?"). > Let's drive our freakin' gas-guzzlin' SUVs all over, but hey, who needs > to invest in roads; and somebody else come quick and clean up our air > from all those emissions. > And we're 49th in the nation for spending on education. Great stuff. > Now, we've decided we want other state's with less sophisticated people > (in places like Nevada, Montana, Oregon, Washington, New Mexico) to > build power plants (and pollution) in their states to feed electricity, > and dam their rivers and kill their salmon so that we can heat our hot > tubs and STILL pay 3 cents a kilowatt hour. > And oh, by the way, it's federal taxes and the military industrial > complex which has funded CA's weapons industry and communications > industry. As no big fan of the military industrial comples, I'm just > crying crocodile tears. > >Generally the kind of self-righteous doo-doo that turns people off to what >is an otherwise great place to be. > >Yours in tender diatribes, >Jeff > >PS Scott, I think that you're absolutely right: drilling in the Arctic >Refuge in good for America.... > > > > "Scott > Laughlin" To: [email protected], >[email protected], > <scottwl@hotm [email protected], >[email protected], > ail.com> [email protected], > [email protected] > 04/06/2001 cc: > 03:12 PM Subject: letter > > > > > >Hope this doesn't piss Jeff off too much... > > >America has engaged in some finger wagging lately because California >doesn't have enough electricity to meet its needs. The rest of the >country (including George W. Bush's energy secretary Spencer Abraham, >who wants Californians to suffer through blackouts as justification for >drilling for oil in Alaska's Arctic National Wildlife Refuge) seems to >be just fine with letting Californians dangle in the breeze without >enough power to meet their needs. They laugh at Californians' >frivolity. > >Well, everybody. Here's how it really is: California ranks 48th in the >nation in power consumed per person. California grows more than half the >nation's fruit, nuts and vegetables. We're keeping them. We need something >to eat when the power goes out. We grow 99 percent or more of the nation's >almonds, artichokes, dates, figs, kiwi fruit, olives, persimmons, >pistachios, prunes, raisins and walnuts. Hope you won't miss them. > >California is the nation's number one dairy state. We're keeping our >dairy products. We'll need plenty of fresh ones since our refrigerators >can't be relied upon. Got milk? > >We Californians are gonna keep all our high-tech software in state. >Silicon Valley is ours, after all. Without enough electricity, which >you're apparently keeping for yourselves, we just plain don't have >enough software to spare. > >We're keeping all our airplanes. California builds a good percentage of >the commercial airliners available to fly you people to where you want >to go. When yours wear out, you'd better hope Boeing's Washington plant >can keep you supplied. There isn't enough electricity here to allow us >to export any more planes than we need ourselves. > >And while we're at it, we're keeping all our high-tech aerospace stuff, >too, like the sophisticated weapons systems that let you sleep at >night, not worried you might wake up under the rule of some foreign >kook. [As opposed to some domestic kook] > >Oh, yeah, and if you want to make a long-distance call, remember where >the satellite components and tracking systems come from. Maybe you >could get back in the habit of writing letters. > >Want to see a blockbuster movie this weekend? Come to California. We >make them here. Since we'll now have to make them with our own >electricity, we're keeping them. Even if we shot them somewhere else, >the labs, printing facilities, editing facilities, and sound facilities >are all here. > >Want some nice domestic wine? We produce over 17 million gallons per >year. We'll need all of it to drown our sorrows when we think about the >fact that no matter how many California products we export to make the >rest of America's lives better, America can't see its way clear to help >us out with a little electricity. You can no longer have any of our >wine. > >You all complain that we don't build enough power plants. Well, you >don't grow enough food, write enough software, make enough movies, >build enough airplanes and defense systems or make enough wine. > >This is your last warning, America. Lighten (us) up before it's too late. > >Love, > >The Californians > >_________________________________________________________________ >Get your FREE download of MSN Explorer at http://explorer.msn.com > > > > > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com
----- Forwarded by Jeff Dasovich/NA/Enron on 05/18/2001 05:35 PM ----- "Julia Wright" <[email protected]> 05/17/2001 02:51 PM To: "Marilyn Hawes" <[email protected]>, "Kelly Boyd" <[email protected]>, "Karen Edson (E-mail)" <[email protected]>, "Julee Malinowski-Ball (E-mail)" <[email protected]>, "Joseph Alamo" <[email protected]>, "John White (E-mail)" <[email protected]>, "John Rozsa (E-mail)" <[email protected]>, "John Redding" <[email protected]>, "John Larrea (E-mail)" <[email protected]>, "John Fistolera" <[email protected]>, "John Fielder (E-mail)" <[email protected]>, "John Fielder (E-mail 2)" <[email protected]>, "John Bridges (E-mail)" <[email protected]>, "Joe Ronan" <[email protected]>, "Joe Lyons (E-mail)" <[email protected]>, "Jim Groninger (E-mail)" <[email protected]>, "Jerry Jordan (E-mail)" <[email protected]>, "Jeff Dasovich (E-mail)" <[email protected]>, "Jeannie Cain (E-mail)" <[email protected]>, "Jan Smutny-Jones (E-mail)" <[email protected]>, "James D. Boyd (E-mail)" <[email protected]>, "Jack Stewart (E-mail)" <[email protected]>, "Jack Gualco" <[email protected]>, "Jack Flanigan (E-mail)" <[email protected]>, "Greg Hardy (E-mail)" <[email protected]>, "Grace Davis" <[email protected]>, "Gordon McDonald" <[email protected]>, "Gary Schoonyan" <[email protected]>, "Gary Heath (E-mail)" <[email protected]>, "Evelyn Elsesser (E-mail)" <[email protected]>, "Eloy Garcia (E-mail)" <[email protected]>, "Ed Yates (E-mail)" <[email protected]>, "Doug Fernley" <[email protected]>, "Dorothy Rothrock (E-mail)" <[email protected]>, "Dominic DiMare" <[email protected]>, "Derek Naten" <[email protected]>, "Denny Samuel (E-mail)" <[email protected]>, "Dennis Price (E-mail)" <[email protected]>, "Denice Cazalet" <[email protected]>, "Delbert Fore (E-mail)" <[email protected]>, "Delaney Hunter (E-mail)" <[email protected]>, "Dan Carroll (E-mail)" <[email protected]>, "Craig Brown (E-mail)" <[email protected]>, "Cindy Howell" <[email protected]>, "Charles Bacchi" <[email protected]>, "Catherine Hackney (E-mail)" <[email protected]>, "Carolyn McIntyre (E-mail)" <[email protected]>, "Brian Kelly (E-mail)" <[email protected]>, "Bob Houston (E-mail)" <[email protected]>, "Bob Foster (E-mail)" <[email protected]>, "Bill Keese (E-mail)" <[email protected]>, "Bill Dombrowski (E-mail)" <[email protected]>, "Bill Booth (E-mail)" <[email protected]>, "Becky Kilbourne (E-mail)" <[email protected]>, "Barbara Barkovich (E-mail)" <[email protected]>, "Audra Hartmann (E-mail)" <[email protected]>, "Art Carter (E-mail)" <[email protected]>, "Anna Ferrera (E-mail)" <[email protected]>, "Ann Cohn (E-mail)" <[email protected]>, "Allan Lippincott (E-mail)" <[email protected]>, "Aaron Thomas (E-mail)" <[email protected]> cc: "Karen Jarrell (E-mail)" <[email protected]>, "Karen Koyano" <[email protected]>, "Karen Lindh" <[email protected]>, "Karen Mills (E-mail)" <[email protected]>, "Kari Harteloo" <[email protected]>, "Kassandra Gough (E-mail)" <[email protected]>, "Kathy Brandenburg" <[email protected]>, "Katie Kaplan" <[email protected]>, "Kay Grosulak" <[email protected]>, "Keith McCrea (E-mail)" <[email protected]>, "Kent G. Smith (E-mail)" <[email protected]>, "Kent Palmerton" <[email protected]>, "Kevin Lynch (E-mail 2)" <[email protected]>, "Kevin Lynch (E-mail)" <[email protected]>, "Kevin Smith (E-mail)" <[email protected]>, "Kip Lipper (E-mail)" <[email protected]>, "Lawrence Lingbloom (E-mail)" <[email protected]>, "Lenny Goldberg (E-mail)" <[email protected]>, "Louis Szablya (E-mail)" <[email protected]>, "Marc Joseph (E-mail)" <[email protected]>, "Mark Smith" <[email protected]>, "Marwan Masri (E-mail)" <[email protected]>, "Michael Alcantar (E-mail)" <[email protected]>, "Michael Florio (E-mail)" <[email protected]>, "Mike Kahl (E-mail)" <[email protected]>, "Mona Petrochko" <[email protected]>, "Pete Conaty (E-mail)" <[email protected]>, "Peter Bray (E-mail)" <[email protected]>, "Phil Nails (E-mail)" <[email protected]>, "Phil Stohr (E-mail)" <[email protected]>, "Ralph Cavanagh (E-mail)" <[email protected]>, "Randy Chinn" <[email protected]>, "Ray Thompson (E-mail)" <[email protected]>, "Richard Costigan III ESQ. (E-mail)" <[email protected]>, "Richard Counihan (E-mail)" <[email protected]>, "Richard Mesereau (E-mail)" <[email protected]>, "Robert Berry" <[email protected]>, "Robin Larson (E-mail)" <[email protected]>, "Scott Tomashefsky (E-mail)" <[email protected]>, "Sheryl Carter (E-mail)" <[email protected]>, "Steve Ponder (E-mail)" <[email protected]>, "Steven M. Pike (E-mail)" <[email protected]>, "Stu Wilson (E-mail)" <[email protected]>, "Sue Mara (E-mail)" <[email protected]>, "Susan Reeder" <[email protected]>, "Terry Winter (E-mail)" <[email protected]>, "Tim Schmelzer" <[email protected]>, "Tommy Ross (E-mail)" <[email protected]>, "Tony Braun" <[email protected]>, "Victoria Schaefer" <[email protected]> Subject: FW: Chairman Keese's presentation The attached presentation is for today's CESG meeting. Julia B. Wright Executive Assistant Smith, Kempton & Watts 980 Ninth Street, Suite 1560 Sacramento, CA 95814 (916)446-5508 (916)446-1499 Fax [email protected] - CEC Presentation without NOTES.ppt
One addition to today's agenda. If anyone wants a copy of the draft legislation, please call my assistant Marcia Linton at 3x3226. Jim ----- Forwarded by James D Steffes/NA/Enron on 01/26/2001 06:52 AM ----- Sandra McCubbin 01/25/2001 09:11 PM To: James D Steffes/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron, Vicki Sharp/HOU/EES@EES, [email protected], [email protected], [email protected], [email protected], Sandra McCubbin/NA/Enron@Enron, [email protected], Don Black/HOU/EES@EES, Harry Kingerski/NA/Enron@Enron, Gordon Savage/HOU/EES@EES, Wanda Curry/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron cc: Subject: Status report on Legislative Activity Thursday, Jan 25 Assembly Committee held a hearing on ABX1-18 Hertzberg, the speaker's vehicle for allowing DWR to purchase power for the state and to use revenue bonds to payoff utility undercollections and to finance ongoing DWR operating costs. We have forwarded by fax the latest version of this bill. The Assembly Committee was only able to discuss three sections of the bill before adjourning until 1 pm tomorrow. Chairman Wright expects to take the remainder of the afternoon tomorrow to go through the bill line by line and expects to only get part way. He anticipates no hearings over the weekend and more hearings to follow Monday through Wednesday next week. Thus no vote on the bill is expected for a while. In addition, all parties, including Wright expect amendments as a result of ongoing negotiations between the Governor, Speaker, the utilities and the generators. These would center on the price the generators will bid and how much if anything the utilities will have to absorb of past undercollections. There is no indication at the present of when they will show or what those amendments will say. Initial analysis of the bill raises the following issues: Most important issue On pages 3 - 8 of the bill, new provisions are added to AB 1890 (Section 368 et al) to define how the TRA and TCBA are to be calculated and what the Commission must allow in rates. These provisions appear unduly generous to the utilities and may well provoke an immediate end to the rate freeze if enacted. Here are the main elements of the language. 368.2 The Legislature finds that it is appropriate to allow the utility to recover the reasonable costs incurred to purchase wholesale energy. (that means the big under collection from summer 2000 to date) 368.3 New definitions of the "adjusted TCBA" and "net undercollected amounts" are provided which appear to provide for the following way of wrapping up transition cost ratemaking. 1. The TCBA is the positive balance as of 12-31-00 increased by the trust transfer amounts to be recovered in rates for 2001, also increased by amounts included in retail rates for prior period costs (if any are authorized by the CPUC), and also increased by the balances in the generation memo accounts as of 12-31-00. 2. The new "net uncollected amount" that the utilities could collect in rates would be the current TRA account, as reduced by the above defined balance in the TCBA as of 12-31-00. NOTE: Edison claims this is the same mechanism that Enron proposed to the Commission as an alternate to the TURN proposal. It has similarities to the comments we filed Nov. 9, but our official position is still to support the from-the-begining netting of the two accounts as proposed by TURN. 3. There is also language to lock in the CPUCs current ratemaking for these accounts so that the TURN proposal to net the TRA and TCBA cannot be implemented. 4. The utilities'retained generation will be put in rate base at book value, except for the nukes, which will have their rate base calculated WITHOUT the application of overcollections in the transition cost balancing account to accelerate depreciation. 5. The CPUC is supposed to establish a dedicated rate component within the existing rates as of 1-8-01 to allow recovery of the net undercollection (the large TRA undercollection as reduced per the above). The undercollection is to be amortized over 10 years. 6. The utilities will not have to buy power if their credit rating drops below BBB+. The remainder of the bill has to do with the mechanism for the DWR to purchase power and to have revenue reduction bonds pay for costs in excess of those recovered in the utilities rates. Rod Wright is seeking a "stop loss"provision which will force a rate increase once the DWR has used up all its appropriation and all the bond revenues to buy power. This is controversial with the other members. We have been asked for a reaction by the committee members and would like a response ASAP, certainly by mid-day Friday. This will require balancing the concerns about and early end to the rate freeze with the increased likelihood of payment for power transactions once DWR is funded. The prospect of successful participation in more auctions is unclear unless more practical auction terms are used. However, the auction process is not spelled out in this bill. The generators are supporting an early end to the freeze so that they can be paid...I am in meetings starting early in the am so I will not be on the 10:30 call, please send comments to scott govenor..either by e mail or by fax, his fax is 9164480816. I am also interested in how we should "message" this.
After leaving office, Mayor Riordan will take an executive position running the LA Unified School district's classroom computer program. I would think this could be good for TFA. How are you coming with the conatcts I gave you? PD Saturday, November 4, 2000 <<...>> News from Los Angeles in the Los Angeles Times Riordan to Join L.A. Unified After He Leaves City Hall <<...>> Mayor: In an address to Valley leaders, he strongly denounces secession, then makes surprising disclosure about plan to take executive post with district. By JIM NEWTON, Times Staff Writer In his final annual address on the state of the San Fernando Valley, Los Angeles Mayor Richard Riordan on Friday delivered his most forceful call ever for that area to remain part of the larger city, then surprised the audience by announcing that he will go to work for the Los Angeles Unified School District when he finishes his term in office. Speaking to a group of Valley business leaders, Riordan denounced secession on political, moral and practical grounds, warning that it would force a tax hike, leave the Valley with uncertain leadership and abandon the city's poor. "I love the Valley," Riordan said. "I feel that you're part of the family, and I don't want you to desert the family. . . . The rest of the city needs you. You can't abandon the poor. It just isn't right." Riordan's pointed rejection of secession represents a significant escalation in his efforts to head off that politically charged prospect--a topic so heated that in a mayoral debate following Riordan's speech, not one of the six candidates angling for election in April so much as mentioned the word. Riordan, by contrast, tackled the issue head-on and in far more confrontational terms than he ever has before. "Secession," Riordan said bluntly, "is a lousy idea." As significant as that pronouncement was, however, the mayor almost overshadowed it with an offhand personal remark in response to a question after his speech. Asked to elaborate on his thoughts about breaking up the school district, Riordan let slip that he intends to go to work for L.A. Unified after he finishes his second term as mayor, which ends next summer. The mayor, who helped elect four of the school board's seven members, said he has been in discussions with Supt. Roy Romer and has agreed to accept an "executive position" with the district next year. Riordan did not elaborate, but in an interview later, he said he and the superintendent had agreed that Riordan would run the district's classroom computer program. The former Colorado governor, who now runs the city's schools, was not immediately available for comment. At the district, Riordan said, he will be in charge of working with schools to make effective use of computers in the classroom. Riordan, who has donated thousands of computers to schools in various parts of the country, said the job fit his talents. "I think this is something I'm good at," he said. "I know the experts in the field." Riordan's post-mayoral plans have for months been the object of much speculation. Most observers predicted he would do something in the field of education, because no topic animates Riordan as much as children and schools. But Riordan is a multimillionaire, and he will be over 70 when he finishes his second term as mayor. He passed up the chance to run for governor in 1998, and some friends had predicted he would slow down when he wrapped up his mayoral administration. The idea of a quiet retirement, however, seems to have little appeal for Riordan, an energetic and restless man. Asked how long he intended to take off between finishing his work as mayor and starting his new job at the school district, Riordan responded: "three or four hours." Riordan has held office for nearly eight years, and for that entire time has enjoyed the strong support of the San Fernando Valley. It was the Valley that helped put him in office in 1993, and polls since have shown that though he is popular citywide, he enjoys his greatest approval ratings north of the Hollywood Hills. As the race to succeed him gathers steam, some of the candidates clearly covet Riordan's base in the Valley. On Friday, City Councilman Joel Wachs often invoked the mayor's name during a low-energy debate among the six leading mayoral candidates. Among other things, Wachs praised Riordan's economic development initiatives and his handling of the recently completed negotiations between the city and federal government over the future of the Los Angeles Police Department. So effusive was Wachs in his praise of Riordan that eventually businessman Steve Soboroff complained. As Soboroff pointed out to the audience, Riordan has endorsed his candidacy, not Wachs'. Soboroff suggested that his rival withdraw from the race and back him instead. Wachs laughed, but did not respond. The debate--really more of a panel discussion in which the candidates rarely addressed one another, while sitting cheek-by-jowl in straight-backed chairs--also was notable as the first joint appearance of the candidates to include state Controller Kathleen Connell, the latest contender to join the race. Connell used her debut debate performance to stress her determination to bring tough fiscal management to the problems of Los Angeles. She addressed issues such as police corruption, transportation and the city's business climate in terms of their economic impact, arguing that her experience in the private sector and as controller made her the right person to handle that task. In other debate highlights, City Atty. James Hahn and Assemblyman Antonio Villaraigosa enthusiastically welcomed the signing of the consent decree with the federal government on police reform. Connell, Wachs and U.S. Rep. Xavier Becerra also applauded the deal, though in less glowing terms. Soboroff was the only candidate to oppose it, calling it an abdication of local responsibility.
Here are El Paso's comments to our guaranty format. Please review and let me know. thanks brant -----Original Message----- From: "Jones, Shelley" <[email protected]>@ENRON [mailto:IMCEANOTES-+22Jones+2C+20Shelley+22+20+3CShelley+2EJones+40ElPaso+2Eco [email protected]] Sent: Tuesday, March 06, 2001 1:16 PM To: Reves, Brant Subject: RE: BGML - Enron/Texaco Brant, Please find attached comments to the guaranty formats. Shelley Jones Principal Credit Analyst El Paso Merchant Energy, LP Phone: 713-420-4827 E-mail: [email protected] -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, March 02, 2001 10:15 AM To: Jones, Shelley Subject: RE: BGML - Enron/Texaco Here are those guaranty formats. Let me know if I can do anything else. thanks brant (See attached file: Outgoing ENE-JV Guaranty Format.doc) (See attached file: Outgoing TEX-JV Guaranty Format.doc) -----Original Message----- From: "Jones, Shelley" <[email protected]>@ENRON [mailto:IMCEANOTES-+22Jones+2C+20Shelley+22+20+3CShelley+2EJones+40ElPaso+2E [email protected]] Sent: Thursday, March 01, 2001 9:35 AM To: Reves, Brant Subject: RE: BGML - Enron/Texaco I did get a respond to Legal, however, can you resend the guaranty formats so I can make changes. I apparently deleted those formats. Thanks Brant! Shelley Jones Principal Credit Analyst El Paso Merchant Energy, LP Phone: 713-420-4827 E-mail: [email protected] > -----Original Message----- > From: Reves, Brant [mailto:[email protected]] > Sent: Tuesday, February 27, 2001 8:22 AM > To: Jones, Shelley > Subject: RE: BGML - Enron/Texaco > > Any further update on this request? Perhaps you might provide the name of > a legal contact? > > thanks > brant > > > > -----Original Message----- > From: Jones, Shelley [mailto:[email protected]] > Sent: Wednesday, February 21, 2001 8:28 PM > To: '[email protected]' > Subject: RE: BGML - Enron/Texaco > > Guaranties have been sent to legal. > > Shelley Jones > Principal Credit Analyst > El Paso Merchant Energy, LP > Phone: 713-420-4827 > E-mail: [email protected] > > > -----Original Message----- > From: [email protected] [mailto:[email protected]] > Sent: Tuesday, February 20, 2001 10:29 AM > To: Jones, Shelley > Cc: [email protected] > Subject: RE: BGML - Enron/Texaco > > > > Hey Shelley, > > In follow up to this morning's voice mail regarding a status update. > Where > do we stand on this request? > > thanks > brant > > > > > > > "Jones, Shelley" <[email protected]> on 02/14/2001 01:11:10 > PM > > To: "'[email protected]'" <[email protected]> > cc: > Subject: RE: BGML - Enron/Texaco > > > Guaranties are currently being reviewed in legal..... > > Shelley Jones > El Paso Merchant Energy, LP > Phone: 713-420-4827 > E-mail: [email protected] > > > -----Original Message----- > From: [email protected] [mailto:[email protected]] > Sent: Wednesday, February 14, 2001 11:35 AM > To: Jones, Shelley > Cc: [email protected] > Subject: BGML - Enron/Texaco > > > Any update on this request? > > > ---------------------- Forwarded by Brant Reves/HOU/ECT on > 02/14/2001 11:33 > AM --------------------------- > > > Brant Reves > 02/12/2001 10:04 AM > > To: [email protected] > cc: > Subject: BGML - Enron/Texaco > > Hello, > > Because Bridgeline Gas Marketing has not yet been able to complete > its > year-end audit and because the Company desires to trade with > counterparties > other than Enron and Texaco, I am sending Enron/Texaco gty formats > that we > would like to put into place for the next six months. At the end of > this > period, a new gty will be provided from Bridgeline Holdings, with > support > from a completed year-end audit. Please review these formats that > have > been negotiated between Enron and Texaco. If acceptable, fill in > the > relevant information and return w/ an address for hardcopy > overnight. > > thanks > brant > > (See attached file: Outgoing ENE-JV Guaranty Format.doc) > > (See attached file: Outgoing TEX-JV Guaranty Format.doc) > > > > ****************************************************************** > This email and any files transmitted with it from El Paso > Energy Corporation are confidential and intended solely > for the use of the individual or entity to whom they are > addressed. If you have received this email in error > please notify the sender. > ****************************************************************** > > > - C.DTF << File: C.DTF >> - Bridgeline Gas Marketing LLC (Enron).doc - Bridgeline Gas Marketing LLC (Texaco).doc
Jeff, I understand at last week's PRC you asked Dick what the difference was between EECC, and, say, Brown and Root. Let me try and answer that and at the same time provide my recommendations on how EECC should evolve inside the new Enron. a. Enron does not "need" EECC; however, Enron has realized extra value from the EECC model since 1990. b. EECC has taken an Enron liability (construction risk) and turned it into an asset (net income). The risk was incurred by Enron's decision to build assets around the world. c. Enron could have out-sourced most or all of its engineering and construction management since 1990; but for about the same market price and contract value, EECC has performed this work and accumulated over $250MM of net income for Enron. d. In addition, EECC has performed the work generally in a manner superior to the rest of the industry. We have avoided disasters experienced by Brown and Root, Black and Veatch, Snamprogetti, Raytheon, and Stone and Webster, which presumably could have occurred while performing Enron's work. We've out performed them because we had better risk management skills. e. Cost avoidance: In addition to performing this work at market price and at the same time making $250MM net income, as Jack Urquhart pointed out at the last Board meeting, we have avoided tens and tens of millions of dollars of extra cost during execution. The Enron portfolio of construction risks averages in billions of dollars, so even 1 or 2 percent in nuisance-type change orders from outside contractors would have added up to substantial extra costs. f. ROIC: as we recognized the Enron deal flow was decreasing, we were asked in the last two to three budget cycles to maintain or grow our net income. Therefore, we embarked on non-Enron third-party construction business. This marginal income has increased our use of working capital. Still, this year's return on all our working capital will be about $22%, down from 29% last year, but still a 25% average over two years which is not unreasonable. You asked about the details of our working capital; I'm scheduled to brief you on 2 Oct. g. Internal flexibility: there have been many instances over the years where having an internal contractor has enhanced the ability of an Enron developer to close the deal. For example, on the 1999 Peakers, although other companies have out-sourced the same type of work, I assure you that because of the late start getting going by the Enron developers, having to out-source would of easily cost us four to six weeks of summer revenues on the schedule. On our current Dabhol LNG project, an outside turnkey contractor would never be motivated to try and maintain the current schedule, given the weaknesses in the Owners' contractual positions, including quarry suitability and subsea surface rock surprises, etc. Many other examples abound. h. Downsizing risks: I think the risk to Enron of what happens to a large EECC in the event of downsizing during a market cycle is misconceived. EECC in Houston has about 350 employees, many of whom are accountants, lawyers, contract specialists, program managers, all of whom have skill sets which are in demand in other Enron business units. Therefore, any downsizing of EECC, if done over a reasonable period of time should be able to avoid a significant severance cost risk. Nevertheless, as Enron changes to a less-asset dependent company, and because of the current value in monetizing assets, the need for change is necessary. I think it is important to agree on a clear plan and brief our employees, all of whom are stressed by the uncertainty of where they're going. This will have a negative impact on the company's performance, unless addressed. My recommendations for evolving EECC is as follows: a. Sell NEPCO and phase out other non-Enron third-party lump sum work (already on-going). b. Define a "slice" of EECC in Houston as "NEPCO-Houston," and package this with the NEPCO sell. A buyer might value the EECC-Houston expertise in cogeneration and gas-related services. c. Finish the Enron work now under contract, which will take from one to two years. d. Continue to self-perform any new Enron work in the future which I see centered in North America, Europe and possibly Brazil where assets may be required to enhance the Enron networks being developed for trading purposes. I think it would be a mistake to allow the decentralized business units to attempt to manage outside EPC contractors without a residual Center of Excellence (EECC). e. Move EECC inside EES, allowing EES to take advantage of a continued income stream from EECC. A subsequent step would be to merge the infrastructure between EES' Global Services and EECC. f. Slowly downsize the company as the current work evolves and the work load permits. g. Continue to develop engineering services for customers, without taking construction risks, but taking advantage of our reputation for due diligence and risk mitigation. I think this effort could fit well inside EES as another service provided by Enron. h. Continue EECC's initiative to develop an E-commerce revenue stream, currently being undertaken in coordination with Enron Networks, but relying on EECC's intellectual capital, lessons learned and contacts in the industry. I think we have good potential for this opportunity, which is actively underway. In summary, EECC's assets are the intellectual capital of its people and the collective systems and procedures it has developed. Both can continue to provide value to Enron inside EES. I've been discussing details with Lou and Joe, but I strongly recommend we agree on a clearly defined plan and allow me to communicate it to our employees. LI43200
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----- Forwarded by Richard B Sanders/HOU/ECT on 04/30/2001 06:42 AM ----- [email protected] 04/27/2001 07:51 PM To: [email protected] cc: Subject: NSM Update Richard, The only significant deposition this week is taking place in Minneapolis. The deponent is Arthur Cobb, a disclosure/due diligence expert retained by Robins, Kaplan in several cases in which Enron is not named. Mr. Cobb's report did not mention ECT Securities, and the California plaintiffs did not designate him to testify in the CA cases, so we decided not to attend his deposition. We are getting daily transcripts by e-mail. Next week an expert designated by the CA plaintiffs on causation and damage issues is being deposed in San Francisco. Roland has a scheduling conflict, so I am sending Jonathan Goldblatt. The subject on which we want to ask questions is damages relating to certain purchases by Farallon after the initial offering. This is a very discrete area, easy to understand, and Jonathan is on top of it. I believe that you recently received a bill from Gerry McGrath. Gerry worked very hard on his report, putting in about 50% more hours than he thought he would when he agreed to cap the total fee for his report. He is very focused on the requirement in his engagement letter that he be paid in 30 days. I think Gerry did quite a good job, and we definitely need his best effort going forward. I would urge Enron to pay Gerry's bill very promptly. Farallon is currently threatening to move to compel further answers to interrogatories from us. It is much ado about nothing. We just want to deal with it in the least expensive way. Many of the plaintiffs have filed motions around the country, including in CA, seeking to compel Natwest to produce more audio tapes of employee conversations. My guess is that the plaintiffs have found more good stuff, and Natwest is trying to limit their losses. We are hard at work on the research that you and I have been discussing. It is frankly quite complex and involves several unanswered questions of law. The problem is that CA has a special statutory contribution provision (pro rata, not relative fault) in the state securities statutes and a common law doctrine of partial indemnity in tort actions that is based on relative fault. The later doctrine may not apply to the securities causes of action against ECT Securities, but definitely applies to the common law fraud and negligent misrepresentation causes of action. How all of this works together is virtually uncharted. With reference to your question about procedures at trial, none of the defendants has cross-complained against the other defendants for a determination of relative fault in the pending case; and, on the basis of the current pleadings, no such determination will be made at trial. If Enron goes to trial and loses, along with others, theoretically the plaintiffs could collect their entire judgment from Enron and leave Enron to pursue the other defendants, post-trial, for their respective shares of the liability, whether such shares are determined pro rata or by relative fault. We are working on a memorandum or outline that will lay all of this out for you. I think you will find that Enron has some powerful incentives to settle (assuming that we can get the price low enough.) Steve Howard Alschuler Grossman Stein & Kahan LLP phone: 310-407-7613 fax: 310-552-6077 cell: 213-716-0536 e-mail: [email protected] ................................................ ALSCHULER GROSSMAN STEIN & KAHAN LLP ATTORNEYS AT LAW www.agsk.com 2049 Century Park East Thirty-Ninth Floor Los Angeles, CA 90067-3213 Tel 310-277-1226 Fax 310-552-6077 This transmission is intended only for the use of the addressee and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, or the employee or agent responsible for delivering the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately via e-mail at [email protected] or by telephone at 310-277-1226. Thank you. ...............................................
Thanks! Our team has been working on the supreme decree for over two years and it is gratifying to finally bring this in, given that it will have a significant financial benefit for Enron/Transredes. I have included an executive summary and detailed report below. Executive Summary Through the efforts of the Transredes regulatory team: A presidential Supreme Decree, establishing a new tariff methodology for Bolivian gas transportation, has issued and gone into effect. The recovery mechanism we proposed will allow Transredes to recover over US$100 million, which was at risk. This amount, residing in the gas deferred account, will be recovered over 20 years (instead of 25 under the former regulations) and will take the form of a surcharge on all gas transported by any pipeline in Bolivia (instead of being assessed only on Transredes transport volumes, as per the former regulations). In the future, Transredes will be able to fully recover all of its prudently incurred costs, and the full rate of return contemplated by the Hydrocarbon Law, via tariffs charged for transportation on the domestic and export oil concessions, and the export gas concession. The mechanism advanced by government to subsidize the transportation tariff of the domestic gas concession in the future will, in all likelihood, allow Transredes to receive the full rate of return contemplated by the Hydrocarbon Law, although the mechanism needs to be fleshed out further. The Supreme Decree will also allow Transredes, rate case, financing program and pending bond issue to move forward. Detailed Report This is a significant development in the Bolivian regulatory arena. The Supreme Decree, establishing a new tariff methodology for natural gas transportation in Bolivia, was signed by President Banzer and was published in the official gazette on Wednesday. We officially learned about it yesterday upon receipt of a certified copy. The new methodology and regulations are now in effect. The decree provides for full recovery of Transredes' gas deferred account over the next twenty years via a surcharge on ALL volumes exported from Bolivia, whether transported by Transredes or not. The magnitude of the gas deferred account is much greater than anticipated due primarily to severe export shortfalls as compared to projected export volumes. This is due in large part to delays in the development of the Brazilian market and to expiration of gas sales and export agreements between Bolivia and Argentina (in 1999). Please see the attached graph comparing the volumes projected by the Bolivian government to set transitory tariffs, prior to privatization, with the actual volumes transported. The gas deferred account is estimated to be approximately US$101 million (plus approximately US$ 60MM for the hydrocarbon liquids deferred account, giving a total of US$161MM). Please see attached Gas Deferred Account and Total Deferred Account graphs. These amounts represent the shortfall in revenues experienced due to insufficiently high transitory tariffs, plus the cost of capital at 7%. The recovery mechanism for the gas deferred account represents the mitigation of a significant exposure that existed at the time we acquired the company: the transportation concessions are nonexclusive and producers have the explicit right in the Hydrocarbon Law to build their own (bypass) pipelines, yet the deferred account recovery mechanism placed the burden of recovery solely on the transportation tariffs of Transredes. The change in regulations not only secures recovery of these amounts in a commercially viable manner but will dis-incentivize threatened bypasses. In the future, Transredes will also be able to fully recover all of its prudently incurred costs and rate of return via tariffs charged for transportation on the domestic and export oil concessions, and the export gas concession. We believe that the tariff mechanism for the domestic gas concession may require additional detail work. The mechanism provides for a ceiling rate of US$0.41 for transportation in the domestic concession and a surcharge on all export volumes of US$0.03. These tariff components will not be sufficient to recover the costs and rate of return contemplated by the Hydrocarbon Law to be recovered by Transredes. However, there appears to be no impediment to collecting the revenue shortfall in the Transredes export gas tariff. The regulatory team will continue trying to "firm up" this mechanism. The Supreme Decree will also allow Transredes' rate case to move forward. The rate case filing made in late January kicked off a process that will culminate in the approval of new economic rates to be effective on May 16. The decree and rate case filing will also allow the Transredes financing program and pending bond issue to move forward. These have been stalled for months due to lender doubts and uncertainty about rates and recovery of the deferred account. Richard Shapiro 03/22/2001 05:50 PM To: Ray Alvarez/NA/Enron@ENRON cc: Steven J Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron Subject: Re: Supreme Decree Congrats!! Ray Alvarez 03/22/2001 04:29 PM To: Richard Shapiro/NA/Enron@Enron cc: Subject: Supreme Decree Rick, I heard from my Bolivia regulatory team that the supreme decree is a reality and that it is very positive- including full recovery of the $100MM gas deferred account that we were hanging out on. I will provide more details as soon as I receive them. Ray
Again ----- Forwarded by Dan J Hyvl/HOU/ECT on 06/06/2001 02:32 PM ----- ibuyit/ENRON@enronXgate 06/05/2001 02:55 PM To: cc: (bcc: Dan J Hyvl/HOU/ECT) Subject: Action Required: Important iBuyit Payables Information According to our records, there is an invoice in your iBuyit Payables in-box that requires your action. To launch iBuyit Payables, click on the link below: http://iBuyitPayables.enron.com Note: Your iBuyit Payables User ID and Password are your PID and Password (eHRonline/SAP ID and Password). If you have already logged into iBuyit Payables and resolved the invoice, then no action is required. Following is important information that will help you resolve this invoice: * Who To Call For Help * iBuyit Payables Overview * iBuyit Payables Training Materials * iBuyit Payables Check List * iBuyit Payables Frequently Asked Questions Who To Call For Help * For help using the iBuyit Payables system, contact the Integrated Solutions Center (ISC) at (713) 345-4727. * For invoice payment status, contact the Accounts Payable Call Center at (713) 853-7127 or toll free (866) AP ENRON, or send an e-mail to [email protected] <mailto:[email protected]>. iBuyit Payables Overview When? iBuyit Payables, a web-based system that will enable you to code and approve invoices on-line, was activated on May 1st. Who? Invoices that were previously submitted to Houston Accounts Payable for processing and payment, will now be processed through iBuyit Payables beginning May 1st. Invoices that are entered into SAP locally (for example, at a field location), will not be impacted by iBuyit Payables on May 1st. How? This is how iBuyit Payables works (for non-purchase order related invoices): 1) An order is placed with a vendor. The vendor is provided with the company name and number, the contact name, and coder's EID number. 2) The goods and services are received and the vendor sends the invoice (with the company name and number, the contact name, and coder's EID number ) to the new PO box. 3) Accounts Payable scans the invoice, enters invoice header information into SAP, and electronically routes the invoice through iBuyit Payables for coding. 4) The coder receives an e-mail with a link to iBuyit Payables, logs into the system with their PID and password (SAP/eHRonline password), and codes the invoice. 5) The coder should either forward the invoice for approval or approve the invoice, according to the invoice review and approval guidelines of their business unit. 6) Upon approval, the invoice is finalized, posted in SAP, and paid. iBuyit Payables Training Materials Online training materials are available for Coders, Approvers, and Buyers. To access system presentations and quick reference cards, visit the Integrated Solutions Center Document Library: <http://sap.enron.com/sap_doclib/user/file_list.asp?cabinet_id=265>. Note: You must use the Enron standard Microsoft Internet Explorer to view these materials. iBuyit Payables Check List Following Are the Steps that You Should Take to Prepare for iBuyit Payables: 1) Code and Approve Invoices in iBuyit Payables * Effective immediately, no longer manually code invoices with coding sheets. * Effective immediately, remind vendors to submit invoices directly to the new PO Box. If you receive an invoice, forward it to Accounts Payable via an AP drop box or mail to the new PO Box: PO Box 4734, Houston, TX 77210-4734, ATTN: Enron Accounts Payable. Be sure to include the company name and number, contact name, and the coder,s EID on the invoice, but do not include a coding sheet. * Beginning May 1st, when you receive an e-mail from [email protected], click on the link provided, login to the system, and code and approve invoices online in iBuyit Payables. * Beginning May 8th, any invoices with coding sheets received by Accounts Payable will be entered into iBuyit Payables and electronically routed back to the coder. The invoice will then need to be coded and approved (again) in iBuyit Payables to generate a payment. * Continue to follow the invoice review and approval guidelines of your business unit. Use iBuyit Payables as a tool to electronically facilitate the current manual process. 2) Confirm Your PID You will use your PID and password (eHRonline and/or SAP ID and password) to login to iBuyit Payables. To access your PID and/or reset your password call the ISC Call Center at (713) 345-4727 or click on the link to the ISC web site below: < http://spr2ess1.enron.com/scripts/wgate.dll?~service=XGWFC2&_FUNCTION=Z_WWW_RE SET_PASSWORD> 3) Confirm Your EID EID (External Identification Number) allows Enron employees to share unique identification numbers externally without creating a security risk. Accounts Payable will use EIDs to electronically route invoices through iBuyit Payables for coding. Your EID can be accessed via eHRonline: log on to eHRonline, choose &Personal Information,8 and select &Other.8 Your EID will be listed. 4) Remind Others Who Purchase of Important Vendor Information If you code invoices, let others know what they need to communicate to vendors to expedite invoice processing. Instruct them to provide the vendor with the company name and number, invoice contact name, coder EID, and the new PO Box. (Placing the coder,s EID on the invoice will enable Accounts Payable to properly route the invoice for coding in the system.) iBuyit Payables Frequently Asked Questions To review frequently asked iBuyit questions and answers, visit the iBuyit Portal: <http://ibuyit.enron.com/gss/ibuyit/ibuyitfaqs.doc> Questions? For general information about iBuyit, send an e-mail to < mailto:[email protected]>.
Is this why he "scares" you? SRS > Subject: Important Information for the November Election > > I say if you're going to vote for him, at least know what you are voting > for. > Hopefully, you won't vote for 4 more years of this kind of leadership. > Share this with everyone you know, please. > > Reprinted from the Internet News Bureau article "Al Gore's 21 Lies" > > DO WE REALLY NEED ANOTHER PATHOLOGICAL LIAR FOR PRESIDENT? > > FICTION: Al Gore recently claimed that his mother-in-law pays more than > $100.00 for the arthritis medicine Lodine; and he claims that his dog > takes > the same medicine for $37.00, claiming "This is wrong!" > FACT: Gore's aides were quick to apologize for Gore's lie, saying the > information was from a Democratic study. Washington newspapers also > reported > that Al Gore > wasn't even sure his mother-in-law was taking any medication and wasn't > even > sure she had arthritis. And, he doesn't know anything about his dog's > "arthritis". > > FICTION: Al Gore said his father, a senator, was a champion of civil > rights > during the 1960's. > FACT: Gore's father voted against the landmark Civil Rights Act of 1964 > and > was a racist who was fond of using the "N" word. > > FICTION: Al Gore said that his sister was the very first person to join > the > Peace Corps. > FACT: By the time Gore's sister joined the Peace Corps, there were already > over 100 members. > > FICTION: The same sister died of lung cancer years later and Gore vowed to > never accept tobacco money as campaign contributions. > FACT: Just four years later, while campaigning for office, Gore spoke to > the > tobacco industry and said he was one of them because "I've planted > it,raised > it, cut it, and dried it." He raised over $100,000 in "reported" > contributions. > > FICTION: While running for office, Gore's campaign literature claimed he > was > a "Brilliant Student". > FACT: Washington newspapers said he barely passed Harvard and > consistently > earned D's and C's. > > FICTION: Gore claims an extensive knowledge of law as a result of his > extensive study at law school. > FACT: Al Gore dropped out of law school. > > FICTION: Gore claimed that his knowledge of God and spirituality came to > complete fruition while "finishing" divinity school. > FACT: Al Gore dropped out of divinity school. > > FICTION: Al Gore claimed responsibility for inventing the Internet in the > 1990's. > FACT : Shocked scientists were quick to speak out, explaining that the > Internet had been in widespread use by government and educational > institutions since the early 1970's. > > FICTION: Al Gore claimed the book "Love Story" was based on his life and > Tipper's. > FACT: Author Erich Segal called a press conference to deny his claim. > (Couldn't he at least lie about a love story where his sweetheart doesn't > die?" > > FICTION : Gore claimed that as a reporter for a Nashville newspaper, his > stories led to the arrests of numerous corrupt criminals. > FACT: He later apologized for his claim and actually said it was untrue > (Also > known as lying). > > FICTION: Gore claims to increase diversity in the staff that follows him > daily, especially among blacks. > FACT: Black members of the Secret Service are suing because they claim > they > are not being promoted to positions guarding the Vice-President. > > FICTION: Al Gore said he was the first to discover the Love Canal nuclear > accident. > FACT: The incident was already discovered, being investigated, and covered > widely in the press for many months before Gore was aware of it. > > FICTION: Gore said just recently that if elected president, he would put > harsh sanctions on the sleazy producers of Hollywood's extreme sex and > violence. > FACT: Just six days later, Gore attended a fundraiser by Hollywood > producers > and radical gay activists where he told them that he would only pretend to > "nudge them" if elected. He raised over $4 million. > > FICTION: Al Gore said he built his Tennessee home with his bare hands. > FACT : Totally false! > > FICTION: Al Gore says parents should not have a choice between private and > public schools because public schools are far better. > TRUTH : Al Gore attended private school and he has sent his children to > private schools. > > FICTION: Al Gore remembers his mother lulling him to sleep as a baby by > singing the popular ditty, "Wear The Union Label". > FACT: The popular ditty was created by the unions when Gore was 27 years > old. > > FICTION: Al Gore claimed to co-sponsor the McCain-Feingold Campaign Reform > Act. > FACT: The Act was not sponsored until he had been out of office for over > a > year. > > FICTION: Al Gore claims to be instrumental in keeping gas prices low. > FACT: Gore has voted on numerous occasions to raise the tax on gasoline. > In > his book "Earth In The Balance" Gore claims that the nation's Number One > enemy is the internal combustion engine. (That's the motor in your vehicle > that gets you to work and takes your kids to school) > > FICTION: Gore pretends to champion the rights of poor women to be tested > regularly for breast cancer with the most modern technology. > FACT: While giving a speech on the subject in September, Gore didn't know > what a mammogram was. > > FICTION: AL Gore promised Florida's senior citizens that they would > finally > have low-cost drugs with no interference from government. > FACT: Gore's plan calls for the creation of a huge federal agency that > would > tell you which doctor you are allowed to see in order to get the "special > rates". > > FACT: Al Gore told NBC's Lisa Meyers that he had never told a lie. When > Meyers pressed harder, "You've never told a lie?!" Gore said, "Not that I > know of." SOUND FAMILIAR? > > Election Day is ticking away. E-mail this to as many people as possible or > we > will be living in an Al Gore fantasyland! > >
GLOBAL GREEN USA AND KEY STAKEHOLDERS JOINTLY RELEASE BASELINE STUDY OF BEVERAGE CONTAINER RECOVERY PROGRAMS For Immediate Release - ATLANTA, January 16, 2002 - A unique coalition of industry, governmental agencies and environmental organizations has released a study that, for the first time, provides baseline statistics on the costs, benefits and effectiveness of programs to recover discarded beverage containers for recycling. Understanding Beverage Container Recycling: A Value Chain Assessment is the final report of the Multi-Stakeholder Recovery Project, Stage One. Businesses and Environmentalists Allied for Recycling (BEAR), a project of Global Green USA, launched the initiative last Spring in an effort to bring together long-standing opponents in the battle over different approaches to recycling in a fact-based approach to public policy making. Project participants included The Coca-Cola Company, Waste Management, Inc., Beaulieu of America, Tomra North America, Southeastern Container, GrassRoots Recycling Network and the Container Recycling Institute. The report was prepared by a research consulting! team comprising R.W. Beck, Inc., Franklin Associates, Ltd., the Tellus Institute and Sound Resource Management Group. Research was coordinated by the project manager, Boisson & Associates. Working intensively over six months, project participants made progress towards their objective of identifying jointly supported policies by participating in a study of existing U.S. recovery programs. 'We made a good start by showing that groups with divergent views can work together and reach substantial agreement,' said Ben Jordan, Environmental Manager for The Coca-Cola Company. 'We didn't agree to recommend any particular program, but we established a model for overcoming the historical entrenchment that has stymied progress for two decades,' according to Rick Best, Board Member of GrassRoots Recycling Network. The report is a snapshot of U.S. programs as they operated in 1999, and does not attempt to project how programs would perform if they were to be expanded or replicated in other areas. The report contrasts the effectiveness of different programs in detail, and verifies that deposit systems recover the highest percentage of discarded containers, followed by municipal curbside programs and residential drop-off programs. 'But the cost of recovery programs is more subtle than advocates on either side have been willing to admit,' said Pierre Ferrari, BEAR's Chair. The findings indicate some ways that the costs of deposit and other recycling programs can be reduced. But participants stressed that the report does not attempt to address important implementation questions regarding new or expanded recycling systems. The report also shows the environmental advantages of recycling containers. 'We documented several key benefits in this collaborative process, for example, beverage co! ntainer recycling saved about 147 trillion BTU in 1999, that's equivalent to over 32 million barrels of oil,' said Matt Petersen, President and CEO of Global Green USA. Project participants agreed that there is a need to continue fact-based, collaborative discussions and will invite additional stakeholders to participate. 'The Multi-Stakeholder Recovery Project is a critical component of the movement to secure voluntary, long-term product stewardship agreements in the U.S.,' according to Sherry Enzler, Director of the Minnesota Office of Environmental Assistance. Future efforts are likely to concentrate on addressing stakeholder concerns about different policies. One key issue is the need for aggressive market development initiatives to minimize potential market volatility associated with increasing recovery. Businesses and Environmentalists Allied for Recycling, a project of Global Green USA, is a coalition dedicated to increasing the national recycling rate for used beverage containers to 80%. Its members are united by agreement on principles including: minimizing environmental impacts while improving all packaging, creating sustainable jobs and businesses, and working with clarity and honesty to understand costs and evaluate the widest range of policies and practices to achieve its goal. Global Green USA -- created in 1994 as the U.S. affiliate of Mikhail Gorbachev's environmental movement Green Cross International -- works in cooperation with individuals, industry, and government to foster a global value shift toward a sustainable and secure world. The report, and additional information on the project, are available on BEAR's website at www.globalgreen.org/bear. ------------------------------------------------------------------- GLOBAL GREEN USA, The US Affiliate of Green Cross International Global Green USA works in cooperation with individuals, industry, and government to foster a global value shift toward a sustainable and secure world. Acting as a catalyst, facilitator, and mediator, Global Green USA encourages collaborative approaches and crosscutting solutions to environmental challenges. Copyright (c) 2002, Global Green USA - the US affiliate of Green Cross International See what's new on our web site: http://www.globalgreen.org/ ------------------------------------------------------------------- ----------------------------------------------------------- If you would like to change your preferences or unsubscribe at any time, please go to the following URL: http://www.globalgreen.org/news/pref.cfm?uid=679935885920014802998714440.
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By the way, who is Al referring to when he sais Doug is working with "Enron Central" and who has he contacted re: "Enron guidance." Sheesh. -----Original Message----- From: TOMPKINS, ROBIN Sent: Wednesday, August 29, 2001 9:12 AM To: Kaufman, Paul Subject: Fwd: RE:New Unofficial Committee Contacting Decision Makers see additional note from Doug Nichols. -----Original Message----- Date: 08/29/2001 09:10 am (Wednesday) From: DOUGLAS NICHOLS To: TOMPKINS, ROBIN Subject: Fwd: RE:New Unofficial Committee Contacting Decision Makers This is the latest status on Howard's effort - PGE is included in the "in favor" group in Howard's message - but both Al and I have since let him know he should not include us as being "in favor" unless and until we've coordinated this with Enron - I'm relying on you to do that. Time is very short - Howard needs to be moving on this now if he has any shot at all of influencing the outcome. While I agree the message ought to be delivered, I'm not optimistic there is time for the legislature to do anything else at this point. If nothing else, it would be good let the decision makers know that their plan may not have the hoped for result, so they can't say no one told them. dn -----Original Message----- Date: 08/28/2001 09:59 pm (Tuesday) From: AL ALEXANDERSON To: "[email protected]".IXGate.WIZ CC: DOUGLAS NICHOLS Subject: RE:New Unofficial Committee Contacting Decision Makers Doug and I have been debating wether there might be a broader Enron plan to support the legislation even with the 1 billion shortage to sellers. We're still trying to get Enron guidance on this. Possibly we'd rather have an expensive solution instead of no solution. I'm traveling with my cell phone all of tomorrow and Doug is working on Enron Central. Please stand by in terms of adding our name to the agressive list. Sorry for the mixed signals. al >>> "Howard J. Weg" <[email protected]> 08/28/01 09:35PM >>> I have not heard back from all members of the Unofficial Committee regarding my email dated August 27, 2001 with respect to the proposal to contact the Governor and Legislators regarding the pending legislation on SCE. Some have suggested that the message needs to be stronger and others have suggested that the message is too strong. Our Ex Officio members BPA and WAPA want it to be clear that they are not involved in any way with addressing the state government on this or other issues. As you know, I want very much to reach as broad of a consensus on this action as is possible, and to protect the interests of all members. Virtually all members agree that a bankruptcy case for or litigation against SCE would probably not be a good thing and we do not want to advocate for bankruptcy or litigation. After all, the Unofficial Committee was organized to provide a different approach generally. The purpose of contacting the Governor and the Legislature is to let them know that the legislation they are now considering, which leaves SCE about $1 billion short on the proposed financing to pay creditors, may cause some other sellers to take precipitous action in filing an involuntary petitition or initiating litigation or arbitration that could delay or prevent the financing at even the lower $2.9 billion level, which will adversly affect SCE and all creditors generally. We should point out that not all sellers are in agreement on what action will be taken. The message is not intended to threaten anything and it is not necessarily designed to stop legislation altogether, only legislation that might actually make the situation worse for all sellers and SCE. The tone of the presentation, if we make one, will be low key, non threatening, and in the spirit of helping the legislature and the Governor design a package that will avoid the bankruptcy, litigation and other alternatives that others might be forced to consider if the bill is passed, leaving the energy sellers out in the cold. If there remain some members of the Committee that are not willing to be associated with the message outlined above, then I propose that we give such members the alternative of remaining members of the Unofficial Committee and allowing us, if asked, to identify any such members that prefer not to be a part of the message although they want to support an approach that avoids litigation and bankruptcy for SCE. I understand that the LADWP and Coral Power would like this approach adopted. As I explained in my prior email, it has been suggested that the proposed bill that leaves SCE short by a billion dollars will likely pass after Labor Day and before the Sept 14 adjournment. That is why timing is important. Those of you that have not responed, please respond. Those of you that were concerned that the message was unclear, please review this email and consider or reconsider your positions, as the case may be. As of right now, there are only 11 votes: 9 in favor and 2 against. The polls are still open so please let me know your position. You should be aware that the City of Glendale notified me that it determined that actual or potential conflicts of interest with the Unofficial Committee required it to resign from the Unofficial Committee.
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---------------------- Forwarded by Gerald Nemec/HOU/ECT on 07/02/99 11:13 AM --------------------------- Enron Capital & Trade Resources Corp. From: Office Chairman @ ENRON 07/01/99 12:33 PM To: Enron Worldwide cc: Subject: Organizational Changes Interoffice Memorandum Enron's performance has been exceptional. This performance is reflected in our stock price, in the recognition we receive in the media and financial communities, and, most importantly, in the enthusiasm of our people. It has been clear to us for some time that we are driving fundamental change in the marketplace and that our natural gas, electricity and communications networks can be positioned for even greater growth. A &new economy8 is emerging, an economy based on intellectual capital and the compelling economics of networks. Capturing the opportunities in this new economy calls for increased coordination and integration across our wholesale (ECT, ECM, EI), retail (EES), and communications (ECI) businesses. It is our intention to combine the operations of these businesses into a cohesive organization that will ensure we realize the growth we foresee in all our businesses. To this end, we are initiating a number of organization and staffing changes in these businesses and related changes in the Enron Office of the Chairman, in Corporate Staff groups, and in a number of management/personnel committees. Other business units, EOG, GPG, PGE, and Azurix, will not be directly affected. Accordingly, the following changes are effective immediately. Enron Office of the Chairman Joe Sutton will join the Office of the Chairman as Vice Chairman. In his new role, Joe will work with the two of us to manage the operations of the company. Rebecca Mark, previously Vice Chairman of the company, will now fully concentrate on her responsibilities as Chairman and CEO of Azurix, our most recent public company. Rebecca has also been elected to the Enron Board of Directors, effective today. Ken Harrison, previously Vice Chairman of the company, will fully concentrate on his responsibilities as Chairman and CEO of Portland General Electric and Non-Executive Chairman of Enron Communications. Ken will continue to serve on Enron's Board of Directors. Redefined Business Units ECT, ECM, EI, EES, and ECI will be regrouped into eight regions/businesses and five global functions. Each region/business will be operated as an independent entity but will coordinate staffing, career paths, compensation and performance review across all units. Each global function will provide its specialized expertise across all regions/businesses. Included in these functions is a new technology function, which will focus on information systems and growth of our e-commerce capabilities where we believe there is enormous potential. These organizational units and their leadership are as follows: Regions/Businesses North America: Cliff Baxter, CEO; Kevin Hannon, COO Europe: Mark Frevert, CEO; John Sherriff, President; Dan McCarty, COO South America: Jim Bannantine, Co-CEO; Diomedes Christodoulou, Co-CEO India: Sanjay Bhatnagar, CEO Caribbean, Middle East: David Haug, CEO Asia, Africa: Rebecca McDonald, CEO EES: Lou Pai, CEO; Tom White, Vice Chairman ECI: Joe Hirko, Co-CEO; Ken Rice, Co-CEO (Ken Harrison ) non-executive Chairman) Global Functions Risk Management: Greg Whalley, CEO Finance: Andy Fastow, CFO; Jeff McMahon, Treasurer Asset Operations: Kurt Huneke, CEO EE&CC: Larry Izzo, CEO Technology: Mike McConnell, CEO Corporate Staff All corporate and EI staff units will be regrouped into six corporate staff groups. These staff groups will support all operations of Enron. These organizational units and their leadership are as follows: Legal: Jim Derrick, EVP and General Counsel; Rob Walls, SVP and Deputy General Counsel Risk Assessment and Control: Rick Buy, EVP Accounting and HR: Rick Causey, EVP and Chief Accounting Officer Investor Relations: Mark Koenig, EVP Other Staff Groups: Steve Kean, EVP and Chief of Staff Corporate Development: To be determined. Committees A new Executive Committee will be formed to replace the existing Management and Operating Committees. Membership will be as follows: Ken Lay, Chairman Jeff Skilling, Alternate Chairman Joe Sutton Stan Horton Jim Bannantine Kurt Huneke Cliff Baxter Larry Izzo Sanjay Bhatnagar Steve Kean Rick Buy Mark Koenig Rick Causey Rebecca Mark (Ad hoc) Diomedes Christodoulou Mike McConnell Jim Derrick Rebecca McDonald Andy Fastow Jeff McMahon Peggy Fowler Lou Pai Mark Frevert Mark Papa (Ad hoc) Kevin Hannon Ken Rice Ken Harrison John Sherriff David Haug Greg Whalley Joe Hirko Tom White Four other committees, which will be essential to the success of this new organization, will be formed. These committees are: Managing Director and SVP Personnel Committee: Jeff Skilling, Chairman Vice President Personnel Committee: Kevin Hannon, Chairman Vision and Values Committee: Joe Sutton, Chairman Workforce Diversity: Ken Lay, Chairman Details of membership on these committees will follow shortly. Summary Over the next several weeks all of the specifics of this reorganization will be further ironed out and communicated. In the meantime, please bear with us - we are confident that these changes will have a significant, positive impact on the operation and growth of the company.
BUSINESS HIGHLIGHTS Enron Industrial Markets The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM. TD is responsible for asset and corporate acquisitions to support EIM's efforts in the Forest Products and Steel industries. TD works with EIM's Forest Products and Steel Origination groups to structure and execute complex transactions for EIM's customers. TD also manages EIM's equity investments, such as EIM's ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada. TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering. In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization. Enron Freight Markets Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week. There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move. IN THE NEWS "Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions. As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001 WELCOME New Hires EIM - Cheryl Lindeman ENA - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy Transfers (to or within) ENA - Grace Taylor, Steven Irvin, Dina Snow NUGGETS & NOTES Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001. Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376. This is a great event for "new" as well as established customers. There will be a cocktail reception immediately after the presentations. Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco. Dates to be announced soon. Travel tip of the week: Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge. EnronOnline Statistics Below are the latest figures for EnronOnline as of May 29, 2001. * Total Life to Date Transactions > 1,015,000 * Life to Date Notional Value of Transactions > $610 billion NEWS FROM THE GLOBAL FLASH Enron arranges first gas pipeline import into Italy Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy. The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy. Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from Ruhrgas and TransitGas respectively. Aside from isolated LNG imports by incumbent monopolies this is the first time that any company has managed to import natural gas by pipeline into Italy since the Italian gas sector was officially liberalised in August 2000. The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be used to meet the needs of two thirds of Blugas' residential customers within the four municipalities. The current contract lasts for five months. Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh, Marco Lantieri and Daniela Uguccioni. Enron in the Middle East Enron has relinquished its stake in Dolphin Energy, the joint venture company formed to develop gas reserves in Qatar. Enron has agreed to transfer its 24.5 per cent stake in the project to the United Arab Emirates Offset Group (UOG), the majority shareholder. The agreement allows Enron to deploy capital elsewhere and gives UOG the opportunity to seek new partners before the project moves into its next phase. Development of the Emden/Oude gas hub moves ahead fast An important milestone in the evolution of the new gas trading hub on the Dutch-German border was reached last week. Last Friday some of the major European gas players held a meeting to officially establish the Emden/Oude gas hub. Although Enron had already initiated the development of the Emden/Oude hub by making a market through EnronOnline as early as December 2000, the goal of this meeting was to set up a working group similar to the Zeebrugge focus group who can work on setting a legal framework for the Emden/Oude hub. Enron was elected as the only new market entrant in this group, reflecting the high level of respect industry peers have for Enron as a major player in the Continental gas market -- even from incumbents! LEGAL STUFF The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries. It is intended for internal use only and should not be disclosed. <Embedded Picture (Metafile)>
Wanted to give you brief feedback on our efforts to become the 1st Fortune 500 Company that has a 100% green headquarters. We've established a company-wide team and a working plan going forward, which includes: 1. EES commodity team is going to run the numbers for energy commodity for facilities and give them a proposal by end of next week. While facilities will not be part of the TX pilot, EES can arrange a financial deal for them w/ an option of going physical on 1/1/02. EES commodity team will also let the group know of the offer, in order to structure the REC deal. Depending upon the savings that EES can offer to Facilities, we will determine any "headroom" for REC purchases. Note: It is not necessary for Facilities to sign a commodity deal w/ EES in order for the "greening" of the building to go forward. The RECs can be purchased and retired irrespective of the commodity deal with EES. HOWEVER, it would be optimum for Facilities to sign on w/ EES and use the cost savings toward purchase of the RECs. Facilities stated intent to do the latter. 2. Michael Payne and Mike Curry are going to be working on determining a cost for the RECs. Michael initially projected $250,000 per year for the requisite number of RECs to retire commensurate w/ the demand of the building. This was at a cost of $8 per REC, which I believe is quite high. I think they'll go for a $1-4 dollar range, bringing the cost down to a max of $125,000. There's several ways to slice this end. We can provide some of the RECs from the EWC facility and buy other RECs from the market in order to minimize the cost impact of the REC purchases. 3. Next Thursday we will be able to get more of an exact figure on the premium cost for the RECs (ie how much over the cost savings will the RECs cost). We will then need to decide the following: a. Would Corp/EHS being will to pitch in to cover any additional cost for the RECs; b. Pitching the idea to Skilling for buyoff, and payment for the RECs; c. Possibly getting buyoff from the business units since this could change what they are currently paying for power. 4. We discussed all of the above with Peggy Mahoney, and she asked us to take a stab at a comprehensive press release announcing all of the bells and whistles on the new building and our being the 1st Fortune 500 company to go 100% green in our headquarters. Catherine McKalip Thompson is working on the first draft. We need to determine if we can get the "best" press for this commitment (i.e. stories in the WSJ and NY Times). We determined that the message would need to be targeted, specifying the terms of our commitment....i.e. Enron makes a commitment for 3 years to provide 100% green for its headquarters in Houston, making it the first Fortune 500 company to....... The goal is to have a final plan and decision by April 20th when Steve speaks to high level executives at a prelude to Earth Day NY on the topic of Energy Shock--Crisis or Opportunity: Building Economics and the Environment. Mike, we'll definitely need your continued support and assistance, particularly if this goes to Skilling. I'll keep you posted on the progress. Stacey ----- Forwarded by Stacey Bolton/NA/Enron on 03/22/2001 03:14 PM ----- Stacey Bolton 03/22/2001 10:14 AM To: Scott Gahn/HOU/EES@EES, James M Wood/HOU/EES@EES, Greg Sharp/HOU/EES@EES, Richard Ring/HOU/EES@EES, Steve Woods/EPSC/HOU/ECT@ECT, Michael Payne/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike Curry/Enron@EnronXGate, Stan Dowell/HOU/EES@EES, Catherine McKalip-Thompson/Enron Communications@Enron Communications, Peggy Mahoney/HOU/EES@EES cc: Michael Terraso/OTS/Enron@ENRON Subject: Greening the Enron Building Mtg The meeting is confirmed for today at 2:00 p.m. in 50 M03. There are a couple of folks dialing in, and the number is 800-991-9019, passcode: 6775293#. I look forward to our discussion. ----- Forwarded by Stacey Bolton/NA/Enron on 03/22/2001 10:05 AM ----- Stacey Bolton 03/16/2001 05:04 PM To: Scott Gahn/HOU/EES@EES, James M Wood/HOU/EES@EES, Greg Sharp/HOU/EES@EES, Richard Ring/HOU/EES@EES, Steve Woods/EPSC/HOU/ECT@ECT, Michael Terraso/OTS/Enron@ENRON, Michael Payne/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike Curry/Enron@EnronXGate cc: Steven J Kean/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Peggy Mahoney/HOU/EES@EES, Janel Guerrero/Corp/Enron@Enron, Jeffrey Keeler/Corp/Enron@ENRON, Catherine McKalip-Thompson/Enron Communications@Enron Communications Subject: Greening the Enron Building Mtg You are invited to a meeting next Thursday (3/22) afternoon at 2:00 to discuss energy commodity and renewable energy credits for the Enron Building, Center and Stadium. There are a few efforts that are going on simultaneously and I thought it would be a good idea for all of us to meet and get on the same page. As many of you might know, Enron Wind (Michael Payne) and ENA (Mike Curry) have a great proposal to retire renewable energy credits from our Enron Wind facility to match the consumption of the building and stadium (details attached below). If this proposal goes forward, Enron would be the 1st Fortune 500 company to "go green" in its headquarters building. Couple this w/ our energy star award, and we have GREAT environmental messaging. We'd like to highlight this announcement on Earth Day (April 22nd). The facilities folks are interested in switching from Reliant to EES for actual commodity. It makes sense to work strategically together on win-win proposal that will not only make sense economically, but that we can use in our messaging. The focus of the meeting is to discuss the various proposals, and steps for moving forward. The meeting will be in EB50MO3 from 2:00-3:00. Please let me know if you or someone from your group can attend. Stacey Bolton Environmental Strategies Enron Corp 3-9916
<html> <head> <title>Untitled Document</title> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> </head> <body bgcolor="#FFFFFF""><center> <table width="540" border="1" cellspacing="0" cellpadding="3" bordercolor="#999999"> <tr bgcolor="#0099FF"> <td bgcolor="#FFFFFF" height="48"> <div align="center"><font face="Verdana, Arial, Helvetica, sans-serif" size="2">If you do not wish to receive email from Bargain Bazaar, please Click Here:<br> <a href="http://www.m-ul.com/e/unsub.cgi?l=9996&m=1736394363">UNSUBSCRIBE</a> </font></div> </td> </tr> </table> <br> <table width="640" border="0" cellspacing="5" cellpadding="0" bgcolor="#CCCCCC"> <tr> <td colspan="2" bgcolor="#FFFFFF"> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td colspan="2" align="center" valign="top"><img src="http://www.m-ul.com/email/images/accessories/Daily_Deal_banner.gif" width="640" height="70"></td> </tr> <tr> <td colspan="2" valign="top" align="left"> <table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td align="center" width="33%"><font size="2" face="Arial, Helvetica, sans-serif"><font color="#000000"><font face="Times New Roman, Times, serif" size="1">Volume No. 42</font></font></font></td> <td colspan="2" align="center"><font face="Times New Roman, Times, serif" size="1">Thursday, November 22, 2001</font></td> <td align="center" width="33%"><font face="Times New Roman, Times, serif" size="1">Price: <i><font color="#FF0000">FREE</font></i></font></td> </tr> </table> </td> </tr> </table> </td> </tr> <tr> <td> <table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td colspan="3"> <table width="100%" border="0" cellspacing="0" cellpadding="5" height="400"> <tr align="center"> <td> <table border="1" cellpadding="0" cellspacing="0" width="600"> <tr> <td bgcolor="#EFEFEF"> <p align="CENTER"><a href="http://www.m-ul.com/e/c.cgi?j=20011122_70&e=1736394363&r=u251&d=6&p=1"><img src="http://www.m-ul.com/email/images/html082001/Anim-2-rcvr.gif" border="0" width="400" height="167"></a></p> <p align="CENTER"><font face="Arial" color="#FF0000"><strong>What's The Deal??</strong></font></p> <p align="CENTER"><strong><font face="Arial"><small><font color="#FF0000">FREE</font> SATELLITE TV SYSTEM FROM MYDISHNOW.COM</small><br> <small>AN AUTHORIZED INDEPENDENT RETAILER OF DISH NETWORK,<br> <small>ONE OF THE LEADING PROVIDERS OF SATELLITE TV DISH TECHNOLOGY</small></small></font></strong></p> <p align="CENTER"><strong><font face="Arial"><small>THE SYSTEM COSTS YOU <font color="#FF0000">ZERO!</font>&nbsp;<br> THAT'S RIGHT:<br> <font color="#FF0000">FREE</font> EQUIPMENT; 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Please define close? Also, what is the outstanding issue with Redwood? Please set up another meeting with a copy of the actual flows to Palo, sales prices, third party deals and an example of an invoice. I would like to walk through the deal. Thanks, Mike -----Original Message----- From: Bike, Anne Sent: Wednesday, October 03, 2001 7:25 AM To: Grigsby, Mike Subject: RE: Palo Alto historical loads I met with Settlements on Friday, and we were relatively close for the August invoice. The Redwood Gas is an outstanding issue for us and Palo Alto. When we finished on Friday we left a few action items, but my take on the meeting was that we have the deal in the system in a manner that will flow to the back office groups relatively smoothly. I will keep you posted. Thanks Anne -----Original Message----- From: Grigsby, Mike Sent: Tuesday, October 02, 2001 1:54 PM To: Bike, Anne Subject: RE: Palo Alto historical loads How is this issue? -----Original Message----- From: Bike, Anne Sent: Wednesday, September 19, 2001 7:15 PM To: Grigsby, Mike Subject: RE: Palo Alto historical loads I will set up a meeting with settlements to make sure that everything looks good from their end, and to clarify the payments that are made. I also need to meet with volume management to emphasize how the volumes should be allocated when the actuals arrive from the pipeline statements. I think that Daniel has the scheduling issues under control. Jason, Daniel, and I worked to get everything straight for September. October will not be much different. The only exception for October is that we do not have any third party gas coming from Enron, only BP. This actually makes life easier. As soon as I meet with the 2 back offices groups, I will report what I learned. Based on my meetings with settlements during July's process, I am confident that the deal is booked as well as the system can handle. However, checking and double checking the processes will not hurt. I will schedule something with you and Kim after my other meetings. Hopefully next week. Imbalances for Rockies and Citizens - I will let you know. We just finished cleaning up the SOCAL imbalances. We are clear through June as far as P/L is concerned. I think Matt Smith was working on July. We did have some old issues to clean up as the process was passed from Kim O. to Jane, but we have worked through the problems. Thanks for the note on the group. I am holding a learning lunch tomorrow. I want to make sure that our processes are as tight as possible, especially since bid-week is coming up. We have a good method for checking that all of the failed desk to desk deals are booked correctly, so it should go more smoothly. It will still be slow. Also, Randy Bhatia is working with EOL on resolving their logic issues. We are working towards a solution that will get the deals booked automatically. I will let you know the time line soon. I have a question. What does the "Wood" report mean ? See you. Anne -----Original Message----- From: Grigsby, Mike Sent: Tuesday, September 18, 2001 8:51 PM To: Bike, Anne Subject: RE: Palo Alto historical loads Disregard attachments. How does the system know not to pay Palo for the gas daily deal at malin? You did this because gas daily will not show up as risk and Kim puts together a manual invoice and will not pay them for the third party supply? I want this deal to flow in the event Kim decides to travel the world. Please set up another meeting to discuss this deal. i will never understand. is it just me? Also, i still need to clean up imbalance deals from July with citizens and in the rockies. By the way, you are doing a great job. It seems like your group is getting their books run early. Also, have you ever talked to your group about secrecy and the fact that we never tell anyone in the market about P&L and/or positions. Just a reminder. You may want to talk to them about confidentiality. You never know who has a roommate from college at El Paso or Dynegy. Right? -----Original Message----- From: Bike, Anne Sent: Tue 9/18/2001 3:56 PM To: Grigsby, Mike Cc: Subject: RE: Palo Alto historical loads Mike: Am I supposed to do something with the attachments ? They did not transfer through on the e-mail you forwarded. Kim has never given me any additional information regarding the loads. All we did on this deal recently was book the newest fixed price deal at Malin, and book the BP volumes (3rd party deals) that have been projected at Malin. On the BP gas: ..... We book a deal in which ENA purchases gas from Palo Alto at Gas Daily flat. Daniel Schedules the gas on the transport directly from BP. We enter the purchase in our system to show that you have 1,500 mmbtu/day at Malin that must be put on the transport to City Gate. We have not rebooked the origination. I am still using the estimated burns that were given to me at the inception of the deal. Let me know if this clears everything up. Thanks Anne -----Original Message----- From: Grigsby, Mike Sent: Tuesday, September 18, 2001 2:52 PM To: Ward, Kim S (Houston); Bike, Anne Subject: RE: Palo Alto historical loads Will show me how this deal and the orig was rebooked? Also, please show me how the third party deals were booked. Mike -----Original Message----- From: Ward, Kim S (Houston) Sent: Tuesday, August 28, 2001 6:44 PM To: Grigsby, Mike Subject: Palo Alto historical loads << File: loaddata_June&July_2001.xls >> << File: actualloadapril&may.xls >> << File: daily usage values2.xls >>
NETWORK WORLD NEWSLETTER: DAVE KEARNS on NOVELL NETWARE 01/17/02 Today's focus: Novell launches Small Business Suite worldwide Dear Wincenty Kaminski, In this issue: * Novell Small Business Suite 6 now out for NetWare 6 * Links related to Novell NetWare * Featured reader resource _______________________________________________________________ PRODUCT INFO IN ONE CONVENIENT LOCATION! Heard about a new product launch? Curious to find out if the features and benefits of this new product will meet your critical business needs? Network World Fusion's Product Central section includes all the info you need to make informed decision about new products and also includes a product finder function. Check it out at http://nww1.com/go/ad216.html _______________________________________________________________ Today's focus: Novell launches Small Business Suite worldwide By Dave Kearns Novell's Small Business Suite 6, based on NetWare 6, is now available worldwide in multiple localized language versions. For companies with 50 users or fewer, SBS 6 may be the right network operating system to run the enterprise. Certainly there's enough included in the box to get you started. The suite includes: * 50 user licenses. * Two server licenses. * GroupWise 6. * ZENWorks for Desktops 3.2. * BorderManager Enterprise Edition 3.6. * Tobit FaxWare. * Network Associates VirusScan and NetShield. * FatPipe Internet Software. It is a different licensing scheme to the so-called "big" NetWare (which has gone to a named-user style of licensing) but it's assumed that 50 users and two servers are plenty for any small business. Besides what's in the box, though, Novell is offering special incentives coordinated with the announcement of worldwide availability. Many resellers, for example, are offering free basic installation of SBS 6. Get details from your local retailer, which you can find at http://www.novell.com/partnerlocator/ or you can buy it online (but without the free installation). SBS 6 includes the same NetWare 6 server software that the "big" NetWare includes, with the single exception of cluster services. While big NetWare has a two-server cluster license in the box, there is no clustering offered for SBS 6. Most small businesses wouldn't need the nonstop computing that clustering provides, or need to set up numerous servers to provide the service. If your enterprise does require nonstop service - perhaps because you offer a high volume Web service, for example - then SBS 6 is not for you. For everyone else with fewer than 50 users, SBS 6 offers most of the server-based applications they will need (one exception: database services), while Novell's management services make it easy to outsource support and maintenance. That makes SBS 6 the ideal choice for the smaller enterprise. Get all the details at http://www.novell.com/products/smallbiz/ for yourself or your customers. _______________________________________________________________ To contact Dave Kearns: Dave Kearns is a writer and consultant in Silicon Valley. His most recent book is "Peter Norton's Complete Guide to Networks," published by SAMS. Dave's company, Virtual Quill, provides content services to network vendors: books, manuals, white papers, lectures and seminars, marketing, technical marketing and support documents. Virtual Quill provides "words to sell by..." 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To learn more go to http://nww1.com/go/ad207.html _______________________________________________________________ RELATED EDITORIAL LINKS Breaking Novell and NetWare news, updated daily: http://www.nwfusion.com/news/financial/novell.html Archive of the Novell NetWare newsletter: http://www.nwfusion.com/newsletters/netware/index.html ______________________________________________________________ FEATURED READER RESOURCE Network World Fusion's Net.Worker site Whether your company is growing larger or scaling back, corporate managers are looking for ways to cut costs while retaining and recruiting star employees. One smart solution - at least on paper - is to let some employees work from home. Network World's Net.Worker Web site bridges the gap between the telework concept and the hardware, software and services needed to make it happen. We bring you news and reviews, sound advice and keen insight into the technologies and solutions you need to manage a remote and mobile workforce. Visit http://www.nwfusion.com/net.worker/index.html _______________________________________________________________ May We Send You a Free Print Subscription? You've got the technology snapshot of your choice delivered at your fingertips each day. Now, extend your knowledge by receiving 51 FREE issues to our print publication. Apply today at http://www.nwwsubscribe.com/nl _______________________________________________________________ SUBSCRIPTION SERVICES To subscribe or unsubscribe to any Network World e-mail newsletters, go to: http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp To unsubscribe from promotional e-mail go to: http://www.nwwsubscribe.com/ep To change your e-mail address, go to: http://www.nwwsubscribe.com/news/scripts/changeemail.asp Subscription questions? Contact Customer Service by replying to this message. Have editorial comments? 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EnronOnline Trade Counts and Volume for May 21, 2001 EXTERNAL INTERNAL TOTAL COUNTRY COMMODITY CATEGORY COUNT QTY COUNT QTY COUNT QTY UNIT OF MEASURE Austria Power Physical 9 16,543 - - 9 16,543 MWh Belgium Natural Gas Physical 13 1,307,500 - - 13 1,307,500 MMBtu Canada Natural Gas Financial 36 18,950,000 21 8,442,500 57 27,392,500 MMBtu Canada Natural Gas Financial Option 3 5,215,500 - - 3 5,215,500 MMBtu Canada Natural Gas Physical 105 2,721,741 - - 105 2,721,741 MMBtu France Power Physical 2 4,965 - - 2 4,965 MWh Germany Power Physical 54 758,196 - - 54 758,196 MWh Netherlands Power Physical 2 886 - - 2 886 MWh Norway Power Financial 16 310,896 - - 16 310,896 MWh Singapore Crude Financial 1 20,000 - - 1 20,000 Barrel Singapore Oil Products Financial 1 15,000 - - 1 15,000 metric tonnes/month Switzerland Power Physical 25 21,102 - - 25 21,102 MWh United Kingdom Crude Financial 13 1,175,000 1 25,000 14 1,200,000 Barrel United Kingdom LPG Financial 8 24,000 - - 8 24,000 mt United Kingdom Metals Financial 1,090 28,304 98 5,250 1,188 33,554 LME Registered mt Lot United Kingdom Natural Gas Physical NBP 90 12,557,120 5 375,000 95 12,932,120 MMBtu United Kingdom Natural Gas Physical NBP Option 1 920,000 - - 1 920,000 MMBtu United Kingdom Oil Products Financial 5 25,000 - - 5 25,000 IPE mt United Kingdom Power Physical 4 349,440 - - 4 349,440 MWh United Kingdom Sea Freight Financial 1 15 - - 1 15 Sea Freight 9.2 Dys BPI Av 4 TC USA Crude Financial 227 10,445,000 50 2,170,000 277 12,615,000 Barrel USA Crude Financial Option - - 1 50,000 1 50,000 Barrel USA Crude Physical 1 93,000 - - 1 93,000 Barrel USA Emissions Physical 1 - 1 - Emission allowance USA Gas Pipeline Capacity Physical 2 15,000 - - 2 15,000 MMBtu USA LPG Financial 5 100,000 - - 5 100,000 Gallon USA Lumber Physical 1 1 - - 1 1 Thousand Board Feet USA Metals Physical 4 160 - - 4 160 COMEX Physical Copper Lots USA Natural Gas Financial 907 364,297,497 533 219,173,759 1,440 583,471,256 MMBtu USA Natural Gas Financial Option 34 32,000,000 5 5,000,000 39 37,000,000 MMBTU USA Natural Gas Physical 1,895 20,267,014 29 320,867 1,924 20,587,881 MMBtu USA Oil Products Financial 20 465,000 - - 20 465,000 Barrel USA Power Financial 37 371,013 11 25,385 48 396,398 MWh USA Power Physical 503 4,284,830 94 2,464,121 597 6,748,950 MWh USA Pulp Physical 1 8 - - 1 8 mt USA Rate and Currency Financial - - 5 14,400,000 5 14,400,000 EUR/1 USA Rate and Currency Financial - - 5 11,000,000 5 11,000,000 FX USD USA Rate and Currency Financial - - 2 750,000 2 750,000 GBP/1 USA Rate and Currency Financial - - 1 800,000 1 800,000 USD/1 USA Weather Financial 1 2 - - 1 2 Cooling Degree Day Total 5,118 861 5,979
Greetings: Sorry to bother you with this, but please see notes below. I need to find out who I can contact to get information on our noncore accounts. I'm assuming that you might know whom that would be. Thanks a million. Hope all's well. Best, Jeff ----- Forwarded by Jeff Dasovich/NA/Enron on 03/16/2001 10:03 AM ----- James D Foster@EES 03/16/2001 08:49 AM To: Jeff Dasovich/Na/Enron@ENRON cc: Catherine Woods/DUB/EES@EES Subject: Re: More Inquiries From CA PUC re: Switching customers back to LDC Good Morning Jeff, Catherine is out of the office until Tuesday 3/20/01. Not wanting to keep you waiting for a reply, I thought it best to give you some feedback immediately. The great majority of CAD's customers in CA are core. CAD does not knowingly terminate any current customer prior to their expiration date. The reasons why CAD's customers are turned back to the utility are as follows: 1) Upon receiving renewal pricing from the CAD rep, the customer chooses to return to the utility. 2) Understanding that the current minimum margin per meter for our customers is approximately $300, those customers that have extremely low annual volumes are sent attrition letters and turned back to the LDC, at the end of their contract. We cannot competitively price this type of customer versus the utility, and extract enough margin to support them. Currently in the California markets (PG&E, SDG&E, & SOCAL) , there exists approximately 50 customers that have usages so low that given current market conditions, we will not choose to renew the contracts. The expiration dates for these are between 5/30/2001 and 2/28/2005. 3) The customer initiates a request for termination prior to the end of their contractual expiration date. As we are all aware, California customers, specifically those with either an index or NYMEX product, experienced a large swing in their pricing during the past few months. CAD has been inundated with customers requesting to be returned to their LDC. Although we seek to satisfy our customer to the best of our ability, returning these customers to the utility is the LAST thing we want to do!!!!!!! The steps we have taken to address this issue is to: a) work with customer service/credit to offer extended payment options to ease the effect of the increase. b) offer to restructure the customer's contract, and reprice the customer on a fixed price product; minimizing their risk going forward. c) explain to the customer, in more detail, the reasons why this has occurred, and how, going forward, the index/NYMEX pricing has eased. Should you have additional questions, please reply or call. -Jim From: Jeff Dasovich@ENRON on 03/15/2001 04:50 PM CST Sent by: Jeff Dasovich@ENRON To: Catherine Woods/DUB/EES@EES, Dennis Harris/DUB/EES@EES, James D Foster/DUB/EES@EES cc: Roger O Ponce/HOU/EES@EES, Catherine Woods/DUB/EES@EES, James D Steffes/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Karen Denne/Corp/Enron@ENRON, [email protected], Paul Kaufman/PDX/ECT@ECT, Harry Kingerski/NA/Enron@Enron, Peggy Mahoney/HOU/EES@EES, [email protected], [email protected], Leslie Lawner/NA/Enron@Enron, Rebecca W Cantrell/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Shelley Corman/Enron@EnronXGate, Mike D Smith/HOU/EES@EES Subject: More Inquiries From CA PUC re: Switching customers back to LDC Greetings: Recall that about 3 weeks we got a call from a CA PUC staffer asking whether we'd switched a particular gas customer (or two) back to the LDC. We looked into it and discovered that we'd mistakenly switched the customer back due to a mix up about the fact that the customer had two active meters behind two different utilities. We informed the PUC staffer of the mix-up and explained that the situation would be resolved. The questions from the staffer arose because the CA PUC made a bad decision a couple of months ago. When gas prices ran up at the California border a lot of large ("noncore") customers attempted to switch back to the utility tariff in the hope of lowering gas costs. In response, SoCalGas filed with the Commission asking the PUC to prohibit customers from switching back. The Commission agreed and put the prohibition in place. The Commission is now concerned that if suppliers terminate their contracts with customers (for whatever reason), or choose not to renew the contracts when they expire, customers won't have the option of returning to LDC service. Today, I received a letter from the President of the Commission asking me to respond to the following: Have you "stopped selling and delivering natural gas to any non-core customers with whom you have an existing procurement contract, or...notified any of your non-core customers that you do not intend to renew an existing natural gas commodity procurement contract. If your company has stopped or intends to stop serving non-core customers, the CPUC also needs to know how many contracts you have terminated or expect to terminate the natural gas volumes involved the location of the non-core customer(s) the reason(s) your company intends or has already acted to terminate those contracts." There's a good chance that the letter from the President of the Commission is linked to the fact that we've recently switched our electricity customers back to utility service in California. Prior to deciding whether and how to respond to the Commissioner, I'm trying to get handle on whether we're re-sourcing any gas retail customers to the utility prior to expiration, choosing not to renew contracts once they've expired, etc. Catherine, or Jim Foster, can you help out? Thanks. Best, Jeff
HOUSTON ) Enron Broadband Services (EBS), a wholly owned subsidiary of Enron Corp. and a leader in the delivery of high-bandwidth application services, announced today content delivery contracts with Road-Show.Com, an online resource for individual investors, and Q4i.com, a financial services provider offering an online broker resource called BrokerIQ. The two financial services companies will use Enron,s ePoweredv Market Cast and the Enron Intelligent Networkv (EIN) to enhance the quality and speed of content delivery to their investors. Enron,s solution provides TV-quality streaming video with delivery speeds up to 50 times faster than the public Internet. &These agreements reflect the financial services industry,s need for better and faster delivery of online content,8 said Joe Hirko, co-CEO of Enron Broadband Services. &The Enron Intelligent Network allows visionary companies like Road-Show.Com and Q4i.com to serve their customers with video to the desktop that has unparalleled speed, clarity and quality.8 Road-Show.Com is a fully integrated producer of online streaming media. The company,s Xvenuev platform offers clients a turn-key solution for personalized live or on-demand webcast communications. Road-Show.Com broadly streams the presentations that companies typically give on road shows prior to an initial public offering to audiences that include individual and professional investors. &The Enron Intelligent Network and Market Cast technology will allow Road-Show.Com to offer our customers something they have never had access to before ) real-time company presentations and one of the fastest, richest viewing experiences possible. This will enhance their ability to make fully educated investment decisions,8 said Trey Fecteau, president of Road-Show.Com. Q4i.com provides &one-stop8 advanced technology solutions for financial services companies and their clients. With its flagship product, BrokerIQv, professional brokers and their firms have a complete broker management system at their fingertips. Q4i.com will utilize EBS to distribute financial video clips to clients via its BrokerCityv product. In addition, Enron will deliver Q4i.com,s live and on-demand streaming video clips of golf resorts, golf courses, golf real estate, equipment and golf travel for Internet users around the world through GolfTVv, Q4i.com,s online video network. &Our clients now have streaming video features available on their desktops via Enron,s network,8 said J. Frederic Storaska, chairman and co-CEO of Q4i.com. &They not only will enjoy on-demand streaming video of financial and golf information, but they,ll have the opportunity to take advantage of special vacation and equipment offers reserved exclusively for our broker-dealers.8 Enron,s ePowered Market Cast Solution ePowered Market Cast, an application of the Enron Intelligent Network, is an end-to-end streaming media solution for banks, brokerages and other financial services firms. Using ePowered Market Cast, companies can enhance investor relations, conduct virtual road shows and stream analyst presentations from their websites. In addition, ePowered Market Cast is a powerful intranet solution for providing real-time financial news, data feeds, training and presentations to an internal audience. The application streams video at an average bit-rate speed of 200 kilobits per second (kbps). The Enron Intelligent Network is based on distributed server architecture, a pure Internet Protocol (IP) platform and embedded software intelligence that sets it apart from other networks. The EIN,s enhanced performance is due to its ability to deliver streaming media content &one hop8 away from the user at the closest EIN edge server. The result is a TV-quality viewing experience for the user. In contrast, the public Internet,s ability to deliver the broadband content businesses need is often hampered by packet loss, interference and other disruptions that slow down transmission speed and compromise the end user,s experience. About Enron Broadband Services Enron Broadband Services, formerly Enron Communications, Inc., is a leading provider of high quality, broadband Internet content and applications. The company,s business model combines the power of the Enron Intelligent Network, Enron,s Broadband Operating System, bandwidth trading and intermediation services, and high-bandwidth applications, to fundamentally improve the experience and functionality of the Internet. Enron introduces its Broadband Operating System to allow application developers to dynamically provision bandwidth on demand for the end-to-end quality of service necessary to deliver broadband content. Enron is also creating a market for bandwidth that will allow network providers to scale to meet the demands that increasingly complex applications require. A wholly owned subsidiary of Enron Corp. (NYSE: ENE), Enron Broadband Services can be found on the Web at www.enron.net. About Enron Enron is one of the world,s leading electricity, natural gas and communications companies. The company, which owns approximately $34 billion in energy and communications assets, produces electricity and natural gas, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Enron,s Internet address is www.enron.com. The stock is traded under the ticker symbol, &ENE.8
mark: Any thoughts on whether we should give in with respect to the consequential damages issue? Carol ---------------------- Forwarded by Carol St Clair/HOU/ECT on 04/17/2000 06:16 PM --------------------------- David Minns@ENRON_DEVELOPMENT 04/17/2000 01:38 AM To: Carol St Clair@ECT cc: Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: EnronOnline Carol, we have one remaining issue outstanding with United Energy on the ETA. They are still insisting on a exclusion of "consequential losses" from the indemnity given clause 4(a) of the ETA. Two questions Do we have a position on agreeing to exclude consquential losses from this clause? My own view is in this instance it is going to be somewhat "hit and miss" as what would be a consequential loss and what is not. That being said the general Enron position is to exclude consequential losses. In fact such a provision is already in the GTCs in respect of any Transaction. Hence if there was a Transaction consequentiallossess would then presumably be excluded in respect of a related breach of the ETA. Utilicorp is a substantial equity holder in United Energy. I understand they are trading through EnronOnline. Do we know what they have agreed? ---------------------- Forwarded by David Minns/ENRON_DEVELOPMENT on 04/17/2000 05:15 PM --------------------------- David Minns 04/12/2000 06:12 PM To: "Creek, Peggy" <[email protected]> @ ENRON cc: Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Connell Burke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: EnronOnline Peggy further my previous email. Two additional points; I believe it is best for us to move to replace the Deemed ISDA Agreement. This will provide a cleaner contractual basis for EnronOnline trades. We should be able to settle a ISDA Master Agreement quite swiftly using the existing commmercial terms in the Deemed ISDA. If you are concur with this course of action we will forward to you tomorrow a Schedule for review. In respect of Section 4(b) of the ETA we would be agreeable to add the following at its end: "unless such access, entry, omission or action arises from acts or omissions of Enron and its directors, officers, employees, agents or contractors.'' David Minns 04/11/2000 03:01 PM To: "Creek, Peggy" <[email protected]> @ ENRON cc: Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: EnronOnline Peggy my apologies for not replying sooner but I was overseas. Let me respond to the points you raised. Deemed ISDA Agreement- We would be most happy to provide a letter that you could aknowledge that the Deemed ISDA Agreement is a master agreement for the purposes of the ETA. I would prefer not to make a formal amendment as this may exclude a subsequent Master Agreement from applying. Enron Australia Finance Pty Ltd. is the Enron counterparty for all Australian power trades. If that is your preference then access can be limited to only those products. You could write to us stating this is your position. However, we have found that counterparties have not found this necessary. Your EnronOnline Master User will set access levels for your individual traders. Many counterparties appoint a person from their Controls group (not a Trader) as their Master User. This gives them the flexibility to broaden/ reduce access themselves. Excluding "consequential loss" in this circumstance is quite broad but if we could work through some scenarios hopefully we could find some words to accomodate your concerns. When we last spoke you mentioned the concern here was the possibility that the password may be disclosed from other than a UE source ie Enron. I have talked this issue through with our systems people as to the nature of this exposure. What happens is that the password which is issued to a user is immediately changed after it is received from Enron. Hence the source of the password must be the relevant counterparty. Whether improper use is a result of the counterparty's negilence or some other cause such as an unauthorised use or disclosure by one of its personnel is not relevant. What is of concern that the loss would have resulted from or arose out of a Counterparty's "access to or utilisation of the Website". Perhaps you would give me a call so we may discuss any outstanding points. David Minns Senior Legal Counsel Phone 612 9229 2310 Fax 612 9229 2350 "Creek, Peggy" <[email protected]> on 03/31/2000 12:45:47 PM To: "'[email protected]'" <[email protected]> cc: Subject: EnronOnline David Further to our conversation this week regarding our outstanding issues in the Electronic Trading Agreement, UE suggests the following way foreward. Enron sends a letter to UE to be countersigned. This letter covers the following: * it is a variation to the ETA; * all Transactions entered through EnronOnline will be covered by the Deemed ISDA Master Agreement signed between UE and Enron Australia Finance and dated 8th Feb 1999; * Transactions at this stage will only be between UE and Enron Australia Finance; * amend clause 4(b) to exclude indemnification against consequential loss; * amend clause 4(b)(ii) of the ETA to remove the wording "whether or not Counterparty has authorized such access" and provide appropriate replacement wording that ensures UE is only liable where access is obtained through UE's negligence. Please let me know if Enron would agree to this. Regards Peggy
---------------------- Forwarded by Chris H Foster/HOU/ECT on 01/18/2001 01:17 PM --------------------------- Susan J Mara@ENRON 01/18/2001 11:36 AM To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT, Christina Liscano/HOU/EES@EES, Christopher F Calger/PDX/ECT@ECT, Craig H Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES, Donna Fulton/Corp/Enron@ENRON, Dorothy Youngblood/HOU/ECT@ECT, Douglas Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES, Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES, Gayle W Muench/HOU/EES@EES, Ginger Dernehl/NA/Enron@ENRON, Gordon Savage/HOU/EES@EES, Harold G Buchanan/HOU/EES@EES, Harry Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES, James D Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES, Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, Mike D Smith/HOU/EES@EES, Mike M Smith/HOU/EES@EES, [email protected], Neil Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula Warren/HOU/EES@EES, Richard L Zdunkewicz/HOU/EES@EES, Richard Leibert/HOU/EES@EES, Richard Shapiro/NA/Enron@ENRON, Rita Hennessy/NA/Enron@ENRON, Robert Badeer/HOU/ECT@ECT, Roger Yang/SFO/EES@EES, Rosalinda Tijerina/HOU/EES@EES, Sandra McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Sharon Dick/HOU/EES@EES, [email protected], Tanya Leslie/HOU/EES@EES, Tasha Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S Bradford/HOU/ECT@ECT, Mike D Smith/HOU/EES@EES, Donna Fulton/Corp/Enron@ENRON, [email protected], [email protected], Frank W Vickers/NA/Enron@Enron, Ren, Lazure/Western Region/The Bentley Company@Exchange, Jubran Whalan/HOU/EES@EES, Richard B Sanders/HOU/ECT@ECT, [email protected], [email protected], Kathryn Corbally/Corp/Enron@ENRON, [email protected], Bruno Gaillard/EU/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Tom Riley/Western Region/The Bentley Company@Exchange, Tamara Johnson/HOU/EES@EES, Gordon Savage/HOU/EES@EES cc: Subject: Latest Bill introduced in CA -- to set up Statewide CA Public Power agency Introduced today by Senator Burton, Majority leader, SB6-X ---------------------- Forwarded by Chris H Foster/HOU/ECT on 01/18/2001 01:17 PM --------------------------- Enron Capital & Trade Resources Corp. From: CAISO Market Operations - Hour Ahead <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=SYSTEM_CN=MARKETOPSHOURAHEAD@caiso.com> 01/18/2001 11:46 AM To: "Market Status: Hour-Ahead/Real-Time" <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=MKTSTATHOURAHEAD@cai so.com> cc: Subject: Coordinated Operation of Controllable devices for Path 23 > 1127 PST APS sent the following WSCCnet message: > APS has met all WSCC USF procedure requirements for Path 23 unscheduled > flow accommodation. All local controllable devices have been utilized. > APS now requests the use of the Coordinated Controllable devices. Please > check your schedules. ---------------------- Forwarded by Chris H Foster/HOU/ECT on 01/18/2001 01:17 PM --------------------------- Enron Capital & Trade Resources Corp. From: CRCommunications <[email protected]> 01/18/2001 11:59 AM To: ISO Market Participants <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI [email protected]> cc: Subject: RE: CAISO Market Update concerning Stage 3 emergency The Cal ISO will be restoring the 500 MW of firm curtailment for HE12. Client Relations California Independent System Operator > -----Original Message----- > From: CRCommunications > Sent: Thursday, January 18, 2001 10:54 AM > To: ISO Market Participants > Subject: CAISO Market Update concerning Stage 3 emergency > > At present, for HE10, ISO has implemented firm load interruption in > northern CA totaling 1000MW. > > ISO anticipates firm load interruption will be required for HE11 in > northern CA totaling 500MW. > > ISO request that all available energy resources be scheduled or bid into > the HA and RT markets. > > The need to interrupt firm load is due to the lack of resources in > northern CA decreased in northwest imports, and transmission constraints > from south to north on Path 15. > > California ISO Client Relations > ---------------------- Forwarded by Chris H Foster/HOU/ECT on 01/18/2001 01:17 PM --------------------------- Enron Capital & Trade Resources Corp. From: CAISO Market Operations - Hour Ahead <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=SYSTEM_CN=MARKETOPSHOURAHEAD@caiso.com> 01/18/2001 12:29 PM To: "Market Status: Hour-Ahead/Real-Time" <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=MKTSTATHOURAHEAD@cai so.com> cc: Subject: Terminate Coordinated Operation of Controllable devices for Path 15 > 1220 PST Path 15 actual flow is now within rated transfer capability. > CISO terminates request for Coordinated Operation of Controllable devices.
Answers to your quetions: Yes; no; maybe Just kidding.... Interconnects for Calp and Dayton handled the same...just add those meters to the sell tkts to CES and the buys are the delivery points. Don't path the actual contract in Unify...When we hold that capacity and EDI, we'll path in Unify.... We don't get the bills from TCO in January for that contract. Get em in February (when we hold the capacity). They are set up in Unify but we won't actually use....We are providing that service for those guys. Try your best for trueing up the transport tkts and the CALP and Dayton tkts in Sitara. Impact is on P and L for the desk daily and later on for the (O/A) operational analysis where the accountants compare what we estimated our costs and revenues for the desk were and what they actually came in at.......We know January will be messy... Go ahead and true up the PAL agreement to match physical flow...... BUY/SELLS with ENA and CES. We talked at the beginning of the month about this. Sales/buys to/from ENA on the CES reports and sales/buys to/from CES on the ENA facilitation by location reports should just be pahted as buy/sells. (hopefully should be done already......) I have a meeting from 3-4 today...other than that I'll be downstairs with y'all to answer any questions.... THANKS!!!! To: Victor Lamadrid/HOU/ECT@ECT cc: Joann Collins/Corp/Enron@ENRON@ECT, Robert Allwein/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT Subject: Re: Dayton Stuff & Calp & other fun stuff You were a busy little bee last night!!!! Thanks for the help. FSS 63304 - we are not using. I'll ask John Hodge what this storage had been used for in the past. Clarification needed for the Dayton and Calp sell at the pool. How is the interconnect gas supply done... we had some on Calp with Virginia Power and Coral. In the past we have some on Dayton... don't think we have any in January yet. Does this through another monkey wrench into the works? We will probably have to run some report out of navigator to true-up transport tickets. There are a ton of cuts lately and Joann receives daily request from CES retail for volume changes. Not sure the best, efficient way to maintain these tickets daily. PAL for CES was physically flowed on January 1. Should we change the tickets to match physical flow??? I'm bummed about the storage ticket change again... but will redo the paths. This will be a couple hours of rework for me... not sure about Joann. You have lost me on the ENA to CES and CES to ENA buy sell tickets. Can't think of any examples yet. Hope this doesn't cause repathing. Victor Lamadrid@ECT 01/18/2000 09:38 PM To: Joann Collins/Corp/Enron@ENRON, Joan Veselack/Corp/Enron@ENRON, Robert Allwein/HOU/ECT@ECT cc: Katherine L Kelly/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT Subject: Dayton Stuff & Calp & other fun stuff Hello my favorite TCO people: Here's what we here at team TCO have done so far....Let's recap shall we.......... Dayton and Calp get the invoices from the p/l and we re-imburse them for the transport differenentials so...... Dayton capacity buy at the citygate = Sitara #151878 - path as buy/sell with your markets. Dayton capacity sell at the pool = Sitara #151877 - path as buy sell from pool. These 2 tkts should be released by Stephanie tomorrow morning. True these up as best you can daily. Also: Calp capacity buy at the citygate = Sitara #149776 - path as buy/sell wth your markets. Calp capacity sell at the pool = Sitara #149775 - path as buy/sell at pool. These 2 tkts should be released by Stephanie tomorrow morning. True these up as best you can daily. Our transport tkts from pool to city gate for all other transport still remains Sitara# 95448 and Sitara# 95449. Please true up as best you can. NEXT: Do ya'll have 2 FSS Storages Contracts # 51407 and 63304? Deal # 151879 covers storage K# 63304 and deal # 151880 covers storage K# 51407. The Sitara gods have to approve, bounce the server and then it will appear in Unify for you to path.... Deal # 149778 is the storage w/d ticket for both K# 63304 and K#51407. Deal # 151882 is the storage injection ticket for the same. The counterparty had to be changed back to CPR storage. You guys have to unpath and re-path that piece showing the purchase from CES for the storage w/d. Really SORRY about this!!! Counterparty could not be CES --- We can't path on stg. contract and out of inventory and buy from CES at the same time w/o the point not being balanced. Park and Lend contract #64031 and # 64041 are being set up by Chris in Sitara but we have to get the Sitara gods to set up PAL contracts as ENA agency deals for CES so he can't put the deals in the system just yet. They should be available tomorrow hopefully!!!! They are for 250,000 on the first and the 300,000 on the second of January. Path them accordingly depending on where that PAL gas went. In addition all deals that are ENA to CES or CES to ENA should be pathed as buy/sells. I think that is it for now. Let me know if anything else stops you from pathing, running tracking and balancing and finally from bridging back the first to Sitara. Let's set a GOAL to have the first totally pathed and tracked and balanced and bridged back and clean by close of business the 19th. YEAH BABY!!!! By the way, we really appreciate the monumental effort you three have made in meeting all logistical requirements of the old and new TCO business and keeping track of the volumes in Sitara, Unify and Navigator...We're are zeroing in on end of month balance tie outs between Navigator and Sitara for the 4 CES pools and the 2 ENA pools. We've kept a bunch of balls in the air for the last 4 weeks and to my knowledge haven't dropped one darn ball yet. Thanks.........
------------------------------------------------------------------------------------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R June 15, 2001 5:00pm through June 18, 2001 12:00am ------------------------------------------------------------------------------------------------------ ECS to ECN Network Interconnection WILL BE RESCHEDULED This is a notification that the Enron Corp. I/T Networks team will be connecting the new building network infrastructure located in Enron Center South (ECS) to the existing Enron Center North (ECN) backbone network. While this activity is not expected to produce a disruption to network services, this notice is designed to alert the organization to our activities. No network hardware or systems are anticipated to be shutdown. The actual physical interconnection of the networks will be performed in the EB 34th floor Data Center. If you have any further questions, please contact Pete Castrejana at 713-410-0642 for more information. SCHEDULED SYSTEM OUTAGES: ARDMORE DATA CENTER - FACILITY OPERATIONS: Impact: Ardmore Data Center Time: Sat 6/16/2001 at 8:00:00 AM CT thru Sat 6/16/2001 at 10:00:00 AM CT Sat 6/16/2001 at 6:00:00 AM PT thru Sat 6/16/2001 at 8:00:00 AM PT Sat 6/16/2001 at 2:00:00 PM London thru Sat 6/16/2001 at 4:00:00 PM London Outage: PDU-E at Ardmore Data Center Environments Impacted: EES Purpose: To safely monitor voltage and amp readings on PDU. Backout: Contact(s): Joe Montemayor 713-345-3370 Steve Ritter 713-408-8734 AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages ENRON NORTH AMERICAN LANS: SEE ORIGINAL REPORT FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. MESSAGING: ALSO SEE ORIGINAL REPORT Impact: Corp Notes Time: Fri 6/15/2001 at 9:00:00 PM CT thru Sat 6/16/2001 at 1:00:00 AM CT Fri 6/15/2001 at 7:00:00 PM PT thru Fri 6/15/2001 at 11:00:00 PM PT Sat 6/16/2001 at 3:00:00 AM London thru Sat 6/16/2001 at 7:00:00 AM London Outage: cNotes Server Reboots Environments Impacted: All users on any of the mailservers listed below Purpose: Scheduled @ 2 week interval Backout: Make sure server comes up. Contact(s): Trey Rhodes (713) 345-7792 Impact: EI Time: Fri 6/15/2001 at 9:00:00 PM CT thru Sat 6/16/2001 at 1:00:00 AM CT Fri 6/15/2001 at 7:00:00 PM PT thru Fri 6/15/2001 at 11:00:00 PM PT Sat 6/16/2001 at 3:00:00 AM London thru Sat 6/16/2001 at 7:00:00 AM London Outage: EI Notes Server Maintenance Environments Impacted: EI Local/Domestic/Foreign Sites Purpose: Scheduled @ 2 week interval Backout: N/A Contact(s): David Ricafrente 713-646-7741 MARKET DATA: No Scheduled Outages. NT: SEE ORIGINAL REPORT OS/2: No Scheduled Outages. OTHER SYSTEMS: ALSO SEE ORIGINAL REPORT Impact: 172.28.10. production segment Time: Mon 6/11/2001 at 5:00:00 AM CT thru Sun 6/17/2001 at 7:00:00 AM CT Mon 6/11/2001 at 3:00:00 AM PT thru Sun 6/17/2001 at 5:00:00 AM PT Mon 6/11/2001 at 11:00:00 AM London thru Sun 6/17/2001 at 1:00:00 PM London Outage: Production Video Streaming Servers Environments Impacted: None Purpose: Backout: Contact(s): Todd Thelen 713-853-9320 Impact: CORP Time: Sat 6/16/2001 at 8:00:00 PM CT thru Sun 6/17/2001 at 9:00:00 AM CT Sat 6/16/2001 at 6:00:00 PM PT thru Sun 6/17/2001 at 7:00:00 AM PT Sun 6/17/2001 at 2:00:00 AM London thru Sun 6/17/2001 at 3:00:00 PM London Outage: Memory replacement for server madrid. Environments Impacted: sitara Purpose: Repeat memory errors on one DIMM. Backout: Reboot with bad DIMM offline. Contact(s): Malcolm Wells 713-345-3716 Impact: EBS Time: Thu 6/14/2001 at 12:00:00 PM CT thru Fri 6/22/2001 at 12:00:00 PM CT Thu 6/14/2001 at 10:00:00 AM PT thru Fri 6/22/2001 at 10:00:00 AM PT Thu 6/14/2001 at 6:00:00 PM London thru Fri 6/22/2001 at 6:00:00 PM London Outage: PPCS install at Greenspoint Environments Impacted: UNIX Users Purpose: Need PPCS servers on EIN Backout: Go back to utilizing the servers at Ardmore. Contact(s): Charlotte Ratliff 713-345-3120 Impact: CORP Time: Sat 6/16/2001 at 11:00:00 PM CT thru Sun 6/17/2001 at 12:00:00 AM CT Sat 6/16/2001 at 9:00:00 PM PT thru Sat 6/16/2001 at 10:00:00 PM PT Sun 6/17/2001 at 5:00:00 AM London thru Sun 6/17/2001 at 6:00:00 AM London Outage: User Volume Maintenence Environments Impacted: Corp Purpose: There are a number of files showing up corrupt on the volume and the messages in Event Viewer say to run CHKDSK on the volume. Backout: Will run a backup before running chkdsk. Contact(s): Frank Coles (713)406-0470 SITARA: SEE ORIGINAL REPORT CANCELLED SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: No Scheduled Outages TERMINAL SERVER: No Scheduled Outages. UNIFY: No Scheduled Outages. ----------------------------------------------------------------------------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797 TDS -Trader Decision Support On-Call (713) 327-6032 [Pager]
I think they will struggle to get the 175 MM/d. Have you heard anybody else contemplating taking space on Western Frontier? -----Original Message----- From: Miller, Paul Sent: Monday, October 29, 2001 5:15 PM To: Whitt, Mark Subject: RE: WESTERN FRONTIER PROJECT Thanks for the information. I am a little surprised by Marathon. -----Original Message----- From: Whitt, Mark Sent: Monday, October 29, 2001 9:15 AM To: Bump, Dan J.; Harrison, Tyrell; Lucci, Paul T.; Miller, Paul Cc: Grigsby, Mike; South, Steven P.; Ermis, Frank; Tycholiz, Barry; Reitmeyer, Jay; Fuller, Dave Subject: FW: WESTERN FRONTIER PROJECT -----Original Message----- From: Miller, Stephanie Sent: Monday, October 29, 2001 7:54 AM To: Whitt, Mark Subject: FW: WESTERN FRONTIER PROJECT FYI - WE'RE CHECKING ON ENTERGY -----Original Message----- From: Calcagno, Suzanne Sent: Monday, October 29, 2001 7:53 AM To: Kinsey, Lisa; Sullivan, Patti; Schrab, Mark L.; Miller, Stephanie; Superty, Robert Subject: WESTERN FRONTIER PROJECT WILLIAMS PUTS MEAT ON THE BONES OF WESTERN FRONTIER PROJECT DESIGN Touting a need for more pipeline capacity linking the "prolific" supply basins of the central Rockies and increasingly hungry Mid-Continent markets, The Williams Cos. Inc. last week took the next step by filing for authorization to build and operate the Western Frontier project. The sponsor has in hand four negotiated-rate deals for long-term service covering roughly two-thirds of the 540,000 Dt/day of project design capacity, it told FERC in an Oct. 24 certificate application (CP02-11). Williams wants to have the $366 million project up and running by Nov. 1, 2003; it asked the commission to issue a final certificate by Dec. 11, 2002, so that it can commence construction by the following April. Williams unveiled initial plans for Western Frontier early last summer (IF, 9 July, 14) and held an open season in June and July. To carry gas from the Power River, Big Horn, Wind River and Green River basins- estimated to hold 173 Tcf of potential and recoverable reserves - the new 30-inch-diameter mainline would run 398 miles, starting at the Cheyenne Hub and ending at an interconnection with the system of affiliate Williams Gas Pipelines Central Inc. in Beaver County, Okla. Characterizing the Cheyenne Hub as "a liquid point of supply," Williams asserted that "presently, supply capability to the hub has outpaced transportation capacity away from the hub to market areas due to insufficient pipeline infrastructure." Along the way, the Western Frontier mainline would make another interconnection with Williams Central as well as with Northern Natural Gas Co., ANR Pipeline Co., Natural Gas Pipeline Co. of America and Panhandle Eastern Pipeline Co., "thus providing multiple avenues for gas produced in the central Rockies to be transported throughout the Mid-Continent using the existing pipeline grid." To "further enhance its supply options," the sponsor wants to build a 9.7-mile lateral from the mainline to the Wattenberg gas processing plant east of Denver to tap the Denver-Julesberg basin. Rounding out the project design are two new compressor stations, the 10,000-horsepower Chalk Bluff station to be constructed at the Cheyenne Hub and the 20,000-hp Denver station to be built in Adams County, Colo. Following the open season, Williams hammered out precedent agreements with Marathon Oil Co. (75,000 Dt/day), Williams Energy Marketing and Trading Co. (200,000 Dt/day), Utilicorp United Inc. (15,000 Dt/day) and Entergy Power Generation Corp. (75,000 Dt/day). The initial term for the deals is 10 years, except for Marathon which committed to a five-year term with an option to extend it an additional two years, said the application. "Other shippers have expressed serious interest for the remaining capacity on Western Frontier, and active negotiations are moving forward with these potential shippers," said the application, adding that Williams was "confident . . . that the remaining capacity will be committed in the upcoming months." With the addition of compression, the project could "facilitate relatively inexpensive expansions to accommodate future market growth," the sponsor told FERC. And that may well be necessary, it continued, pointing to "stagnant to declining supply" in the Mid-Continent basins coupled with "projected demand increases." As in many areas of the country, "much of the anticipated demand increase is attributed to installation and operation of . . . gas-fired electrical generation," it said. The 11,439 Mw of "active winter generating capacity" in the combined service areas of Western Frontier and Williams Central is expected to more than double by 2004, said Williams. The application seeks negotiated rate authority for the project operator, Western Frontier Pipeline Co. LLC, and approval of initial recourse rates. The maximum daily reservation rate under schedule FTS would be 35?/Dt for contract demand in Zone 1 and 79.4?/Dt in Zone 2. Under the negotiated deals reached with the four "anchor" shippers, Utilicorp and Entergy would pay a combined reservation and commodity rate of 25?/Dt at a 100% load factor for Zone 1 service to the Williams Central Hugoton station in Kansas, while WEM&T would pay a combined rate of 30?/Dt for Zone 2 transportation to the Williams Central system in Oklahoma and Marathon would pay 32?/Dt under the shorter contract for Zone 2 service to interconnects with ANR, Panhandle and Williams Central in Oklahoma. All transportation would originate at the Cheyenne Hub.
-----Original Message----- From: Piccillo, Roxanne [mailto:[email protected]] Sent: Monday, April 16, 2001 4:05 PM To: '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; Edwards, William (Law); '[email protected]'; Ouborg, Peter (Law); '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; Slocum, Gail (Law); '[email protected]'; Migocki, Joe; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; Peters, Roger (Law); Bowen, Bruce; Pease, Daniel; Lucha, Ed; Frazier-hampton, Janice; Kjellund, Niels; Helgens, Ronald; Piccillo, Roxanne; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]'; '[email protected]' Subject: A.00-11-056 PG&E's Errata Testimony Re: 00-11-056 RSP-Rate Design Attached is Errata to Chapter 1 of PG&E's Rate Design Phase Testimony which was filed on April 13. (The testimony is being sent out with the revisions shown.) PG&E apologizes for any inconvenience. Roxanne Piccillo PG&E Case Coordinator [email protected] (415) 973-6593 <<RSP_Rate Design_Cover.doc>> <<RSP_Rate Design_Ch01.doc>> <<RSP-PGE_Attachment 1 Errata.xls>> <<RSP-PGE-Attachment 2 Errata.XLS>> - RSP_Rate Design_Cover.doc - RSP_Rate Design_Ch01.doc - RSP-PGE_Attachment 1 Errata.xls - RSP-PGE-Attachment 2 Errata.XLS
======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Wednesday, October 17, 2001 [email protected] ================================================================= IN THIS ISSUE --------------------- - TOP STORY: AOL's Pleasant Surprise http://www.fool.com/m.asp?i=519457 - NEWS TO GO: Intel, IBM, and Citigroup http://www.fool.com/m.asp?i=519458 - POST OF THE DAY: AMD - More Hammer Details http://www.fool.com/m.asp?i=519459 ================================================================= SPONSORED BY: ShareBuilder Buy stocks for just $3! Make dollar-based investments in the stocks and index shares you choose for just $3 per transaction. Or, pay $8 per month for unlimited stock buys. http://www.lnksrv.com/m.asp?i=519460 "Money is something you got to make in case you don't die." -- Max Asnas ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- AOL'S PLEASANT SURPRISE Media giant AOL Time Warner (NYSE: AOL), who brought America extensive commercial-free coverage of September 11, reported its third-quarter earnings today, and they weren't the disaster everyone expected. Revenue hit $9.32 billion, 6.4% ahead of last year's pro forma $8.76 billion. Analysts had been expecting $9.14 billion, following AOL's warning on September 25 that revenue would only grow 5-7%. >>FULL STORY: http://www.fool.com/m.asp?i=519461 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Who says October is bad for stocks? Earnings releases from tech bellwethers Intel (Nasdaq: INTC) and IBM (NYSE: IBM) are expected to lead the markets higher today. Chip manufacturer Intel last night reported that third-quarter revenue dropped 25% and net income dropped 96%. However, earnings met Wall Street's estimates of $0.10 a share. IBM did Intel one better by beating the Streets expectations by a penny. Like Intel, IBM's third-quarter revenue and earnings were also down, but by just 6% and 19%, respectively. Earnings season is in full swing again. (Have you bought earnings seasons gifts for your loved ones yet? Time is running out!) Here's a rundown of some of the other major companies and how they fared: --International Paper (NYSE: IP) handily topped estimates of $0.05 per share, reporting earnings of $0.14. That reflects earnings for the third quarter of 2001 of $68 million, compared to $260 million a year ago. --Pfizer (NYSE: PFE) reported third-quarter earnings of $0.34 per share, a penny ahead of analyst estimates. The company expects double-digit revenue growth in 2002. --Ford (NYSE: F), the world's No. 2 automaker, lost as much as analysts were expecting. Not counting charges and gains, the company lost $0.28 per share, compared to a profit of $0.50 in the year-ago period. Revenue was down 9% over the past 12 months. --Citigroup (NYSE: C) met its lowered expectations, earning $0.63 per share, compared with a gain of $0.68 a year ago. The company expects its next quarter's earnings to grow by 15%. --Data storage company EMC (NYSE: EMC) reported its first loss in some 12 years, losing nearly a billion dollars in the third quarter, compared to a half-billion-dollar gain a year ago. ----------------------------------------------------------------- POST OF THE DAY ----------------------------------------------------------------- AMD - MORE HAMMER DETAILS "I know it sounds ridiculous, but here is the bind that Intel is in. If vendors see a strong consumer preference for Tualatin over the Willamette, the Pentium 4 will be seen as a failure. If the supply chain sees the Pentium 4 as a failure they won't rush--heck they won't even crawl--to support the socket 478 platform, in particular the SDRAM and DDR versions of Brookdale. Once Northwood is shipping in quantity, and Intel has enough 0.13 micron fab capacity, then Intel can afford to hype Tualatin. But that point is six months to a year away." >>FULL POST: http://www.fool.com/m.asp?i=519462 ================================================================= SPONSORED BY: ShareBuilder Buy stocks for just $3! Make dollar-based investments in the stocks and index shares you choose for just $3 per transaction. Or, pay $8 per month for unlimited stock buys. http://www.lnksrv.com/m.asp?i=519463 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=519464 My Discussion Boards: http://www.fool.com/m.asp?i=519465 WANNA TAKE THE SHORTCUT? Check out our new Crash Courses, the fastest way to get your finances in order. Get results in less than an hour, for just $10. Try one today! http://www.fool.com/m.asp?i=519466 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=519467 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=519468 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/[email protected] _________________________________________________________________ Copyright (c) 1995-2001 The Motley Fool. All rights reserved. Legal Information: http://www.fool.com/m.asp?i=519469 MsgId: msg-23507-2001-10-17_9-42-31-3495109_2_Plain_MessageAddress.msg-09:43:10(10-17-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: [email protected]