postbot/aeslc_kw huggingface dataset:
Subject: Gas Logistics Update


Thank you for taking time to come to our Gas Logistics Staff meeting on Tuesday.
My apologies to those individuals that were inadvertently dropped from the email distribution.
I will schedule time to visit with anyone that missed the staff meeting.
I know that you are all still searching for answers to the Enron events of the last few weeks.
You asked lots of good questions at the meeting.
At the bottom of this email are responses to a few additional questions.
As I said at the meeting, while I am discouraged by recent events, I am really proud of ETS and of our Gas Logistics Team and I am looking forward to showing off our pipeline successes to the Dynegy management team in the future.
With the Thanksgiving holiday just around the corner, I'd like to take the opportunity to wish you and your family a safe and happy holiday season.
I hope that you can spend time with your families and friends away from the demands of work.
I'd also like to put two dates on your calendar to celebrate work accomplishments with our team.
Subject: Staff Meeting Notice and Performance Feedback Training


Please Send to ETS Gas Logistics Staff (Excluding Midland Control)  Please plan to join me on Wednesday, November 28 from 2-3 in 39C1 for a Gas=  Logistics staff meeting.
We will discuss company updates as well as quest= ions about the PEP system.
=20  In addition, I have arranged for HR to conduct a training session on Effect= ive Performance Feedback on Thursday, November 29 in Room ECN 5C2 from 1pm-= 3pm.
Roger Sumlin of the ETS Performance Improvement group will lead the s= ession.
The concepts and techniques covered will help you be more effectiv= e in any feedback situation, such as providing feedback in PEP and in inter= actions with team members.
Roger will talk about what affects a person's o= penness to feedback and what a feedback giver needs to do to meet the feedb= ack receiver's needs.
He will also review examples of good and bad statem= ents entered in PEP and performance evaluation forms and talk about the imp= ortance of providing specific, useful and honest feedback that includes beh= avioral examples.
This session is voluntary, but I hope that you will tak= e advantage of the opportunity to improve feedback effectiveness.
Please c= ontact Tonja Trevino by Tuesday, November 27 to enroll in the session.
You=  may e-mail Tonja at <mailto:tonja.trevino@enron.com> or phone her at x3041= 2.
Subject: Robert Benningfield's Mother


Robert's mother fell and broke one of her wrists this afternoon.
They are doing surgery this evening and he is on his way there.
Robert will call back tomorrow to let us know more about her condition.
Chris is covering his desk on Tuesday and Scott the rest of the week.
Subject: Aberdeen and Welcome


Lynn/Karen:   The November 1 termination of the reverse auction point on Northern will increase the probability of priority mismatches at Aberdeen and Welcome between our two systems.
We have already received questions asking how we will confirm these points after the 1st.
And our response has been that we would expect the restricting party to dictate who can and cannot flow at these locations.
One party that has been surprisingly quiet so far has been Mirant.
Mirant should be very interested in how we will allocate capacity at these two points on November 1, simply because their contracts have the greatest risk of not being scheduled.
They are the only firm shipper on Northern Border that have Aberdeen and Welcome as contracted path end points.
And as you know, they supplied the reverse auction point.
But from what we have heard on the street, they are not actively matching up their supply with those markets who were allocated reverse auction capacity on your system.
That is why I feel the odds are high for a capacity mismatch.
Mirant does have a couple of options with their Welcome contract on Border; they can drop some of their Welcome gas off at a secondary upstream point, such as Marshall.
But their Aberdeen contract needs to flow at either Aberdeen or Warner on our system.
And if their capacity is stranded at Aberdeen on the 1st, I am confident that they will be giving both of us a call.
Between Aberdeen and Warner (our alternate delivery point to NWPS), we have the ability to deliver into this area an aggregate of over 70 MMcf/d.
If we do see firm and interruptible gas nominated into these points in excess of this amount, I feel Northern Border must zero out the interruptibles on our side - that was the issue that created so much heart burn for Pan Alberta years ago when we were forced to allocate Ventura.
But that is as far as we are planning to go.
We view the flow restriction to be on your side.
And we are suggesting that your priorities be used to allocate Aberdeen on the 1st.
If we do a firm allocation based on Border's priorities before we confirm, we would have a definite mismatch, and potentially nothing would be scheduled at the point.
Now that would not be all bad, given that we could use such an opportunity to deliver off the large OBA imbalance gas due NNG at the point.
But I don't think we want to fire up a battle with the shippers on both sides of the fence; we'll deal with Mirant on our end.
As for the Aberdeen OBA imbalance issue, I am still trying to come up with a long term solution to deal with that situation.
Any ideas as to how we can effectively eliminate the imbalance would be greatly appreciated, especially given the fact that the Energy Affiliate NOPR suggests that the flexibility we may have today could be restricted in the future.
sc
Subject: Requested Information


The Envision Team is in the process of updating our User database and need to request additional information from you.
For audit purposes we now need to have your P number (PID).
The PID is an unsecured number that is part of Enron's Global Strategy to match an employee to his/her unsecured data which consist of email address, phone number, mailstop, company, cost center and manager.
NO access to personal or secured data is given.
If you have any questions, please feel free to contact us at 713/853-1555 opt 1.
Thank you.
Envision/EnCompass Support Team Envision:   www.ets.enron.com/envision
Subject: Sched Qty Report posting


To all:  Legale posted a HotTap Bulletin notice to let the shippers know that the old Scheduled Quantities by Location and Path report is now available again.
Could you let the teams know?
Thx, Jim
Subject: Apology


Jeff, I needed to apologize for my inability to handle myself in more of a  professional manner.
I thought I had moved on from being an emotional basket  case , but as we found out, I haven't..  Again , please accept my apology.
I  just need to move forward and stop reflecting on the past.
It is  so   difficult when you have given your entire career for an organization that  still doesn't see value in you.
But, that is my problem not yours.
In regards to your party , your right, I laughed at the invitation - (It is  so Shankman)  - Sorry I will not be able to attend.
But thanks for asking.
And lastly, Wes Walton how?
2001 Candy Apple Ferrari !!
!
Subject: Credit Reserve - Talisman


Please note the following addition to the credit reserve for September 2001:  CP:  Talisman Energy Inc. Deal No: 796307.1  Deal Date:  9/28/2001 Deal Specifics:  ECC sells financial swap to CP Term:  1/1/2002 thru 12/31/2010 Volume:  2MW/h, 7x24 Price:  Fixed $38.95 Region:  Alberta Power Pool Trader/Mid-Marketer:  John Zufferli/Derek Davies Credit Reserve Amount:  $65,000 CAD  RAC: transaction confirmed under 1/1/99 ISDA Master Agreement between ECC and Talisman Energy Inc.
Please call w/any questions.
Thanks,
Subject: October Board and Finance Committee Presentations


They're in the mail!
Thanks to everyone in Portfolio for a great team effort in pulling together our most recent board package.
Our Reporting Group led the charge by putting in some long hours and addressing numerous challenges including developing data with the Credit and Market Risk groups on new charts such as the Liquidity Ratio Analysis.
The Compliance group took on the entire responsiblility for the DASH book which freed up our Reporting Group to deal with some of the challenges noted above.
Due Diligence and PortRAC personnel worked on several important projects in connection with the presentations such as Foreign exchange.
Everyone helped with proofing and final assembly.
Again, thanks to all for a great job!!
Rick C.
Subject: new power


joe halprin called and said he was faxing backup re ucc filing to me.
he said it would be hour or 2 b/f get mark-up to us.
what can i say.
Subject: Notice of Special Telephonic Meeting of the BOD


Please see attached.
Thank you.
Donna M. Cagle Executive Administrator to President & CEO Mariner Energy, Inc. 580 WestLake Park Blvd., Suite 1300 Houston, TX  77079 281/584-5511 (phone)     281/584-5515 (fax) dcagle@mariner-energy.com   <<Special BOD Mtg.
Notice.doc>>
Subject: New Poll for the MC Extended Meeting


Hi everyone -  As it turns out, January 18th does not work for the extended meeting.
Ken would like to me offer two additional dates.
- Tuesday, January 15 starting with the Management Committee meeting at 11:00 and continue through till 4:00 or so.
-  Wednesday, January 16 beginning morning or afternoon - depending on schedules.
Please let me know.
Subject: NEW POLL FOR MC EXTENDED MEETING


PLEASE NOTE THAT THE DATES WE WERE CONSIDERING, JANUARY 10 & JANUARY 17, ARE NOT GOING TO WORK.
Please let me know your availability for the following date:  January 18 at 8:00 a.m. to approximately 1:00 p.m.
Thanks,
Subject: NETCO Start - up Plan


Here is the Market Risk/Research plan.
One sticky point is retention of people - its pretty clear that there is much being done in other areas of NETCO to retain key staff - I think we could be remiss if we didn't do likewise.
DP
Subject: Big Pig


On Wednesday morning we will be commencing the Due Diligence process with another counterparty.
Andy Zipper has agreed to lead their team through the process.
The Schedule outline is based on initial overview discussions/presentations  and then more detailed discussion can occur in individual groups the outline is as follows:  It may be better to split up earlier but I leave all those decisions to Andy.
9:00		Introduction			John Lavorato & Louise Kitchen 9:45		Financial Overview		Wes Colwell 10:30		Risk Overview			Buy / Port 11:00		Credit				Bradford 11:30		Back Office			Beck/Hall	 12:30		Systems (EnronOnline)		Jay Webb	 1pm		Mid/Back Office Systems	Jay Webb 1:30pm		Infrastructure			Jenny Rub 2:00pm		HR				Oxley 		 Please make yourselves available - the meetings will probably take place on 32.
Tammie - please organize lunch and refreshments etc.
Assume Big Pig will bring 8 people.
Thanks
Subject: SVP Sales Opportunity


Saturday, December 29, 2001  Richard B Buy Enron ,     Dear Richard,  Good Morning.
Thank you very much for your suggestions and input with my search for KWI.
We are at the final stages of that search and have identified an exciting superior candidate  for that position.
I am writing to ask for your input and suggestions regarding another early stage Software Company in the Energy space.
They are located in Atlanta Georgia.
The positon we are seeking to fill is an SVP of Sales.
This will be a key position,  part of the Executive Management team and will be integral to driving our client towards profitability and ultimately an IPO.
If you have any ideas of exciting potential candidates or if you have an interest your self, please contact meat 781-874-0527 or email me at dalvan@mediaone.net.
Thanks,
Subject: EFCU Sponsors Financial Wellness Workshop


Enron Federal Credit Union is here for you.
All current and former Enron employees are invited to join us for our  "Surviving a Layoff" workshop.
A representative of Consumer Credit Counseling Service will speak on creating a new budget, reducing expenses, increasing income, and more.
Tuesday, January 15 One-Hour Sessions beginning at 10:00 a.m. and 12:00 p.m. Doubletree Hotel Post Oak 2001 Post Oak Boulevard  Complimentary parking is available in the garage adjacent to the hotel.
Refreshments will be served.
RSVP to Joy Wagman at joy.wagman@enron.com  and specify which session you would like to attend.
Subject: Bankruptcy Management Committee


In an effort to better organize the activities and minimize the expenses related to the Chapter 11 filing, we have formed the Bankruptcy Management Committee.
There are many outside firms representing multiple parties that will be requesting, among other things, certain tasks to be performed, filings with the bankruptcy court, financial analysis and general business information.
To ensure these activities are coordinated, the Bankruptcy Management Committee will now be responsible for overseeing this process.
The following is a list of some of the parties that may contact you directly.
If anyone from these firms, or other firms, contacts you related to the bankruptcy, please notify a member of the committee to ensure the efforts are coordinated.
All outside firms will be requested to notify a member of the committee prior to contacting other Enron personnel or outside parties, including the court and Creditors' Committee.
Firm						Relationship  	Bankruptcy court (i.e.
motions, etc.)
Creditors' Committee 	U.S.
Trustee 	Ernst & Young					Accountants for the Creditor's Committee 	Houlihan, Lokey, Howard & Zukin		Financial advisors for the Creditors' Committee Blackstone					Financial advisors for Enron Batchelder and Partners				Financial advisors for Enron Weil, Gotshal and Manges			Bankruptcy attorneys for Enron Milbank Tweed					Attorneys for the Creditors' Committee Andrews and Kurth				Attorneys for Enron Corp    The following are the members of the Bankruptcy Management Committee:  Ray Bowen - Chairman Bob Butts Jim Fallon Dave Glassford Dave Gorte Mark Muller Julia Murray Lou Stoler  Initially, this committee will meet on a daily basis to organize all the bankruptcy related activities as well as to prioritize requests going to the Creditors' Committee and the court.
It is extremely important that the company provides accurate and timely information to the court, the Creditors' Committee and their advisors.
Accordingly, we request the assistance of all employees and outside firms in coordinating the bankruptcy efforts with this newly formed committee.
Subject: Quick Summary


Activity on desks is dramatically scaled back.
Most of the time traders are focused on setting curves.
Mid office has the most work, booking cancellations out of commercial book into bankruptcy book.
Currently it still appears as if the commercial book has more deals in it that the bankruptcy book.
Creditors with deals showing significant market-to-market gains in their favor a reluctant to book out of trades and question valuations, suggesting that going to settlement might be preferred.
Legal is deciding difference between "executable" contracts (able to negate deal) and "forward" contracts (collapse deal), with one interpretation being beneficial for EES and the other being beneficial for wholesale.
South America appears to have similar issues with Duke requesting collateral before willing to book out of transaction, suggesting high likelihood of physical settlement.
In summary, the positions being captured in value-at-risk are questionable, given slow and tedious process of cancellation/booking.
However, below is the VAR COB 12/18/01.
Entity		VAR		Historical VAR ?
Corp		$68.9MM	$60.7MM ?
Americas	$46.5MM	$39.6MM ?
Gas		$17.6MM	$23.8MM ?
Power		$48.9MM	$49.5MM ?
So.
Cone Pwr	$239K		$239K	 ?
So.
Cone Gas	$63K		$63K
Subject: Notice of Special Telephonic BOD Meeting - 12/21/01


Please see attached.
Thank you.
Donna M. Cagle Executive Administrator to President & CEO Mariner Energy, Inc. 580 WestLake Park Blvd., Suite 1300 Houston, TX  77079 281/584-5511 (phone)     281/584-5515 (fax) dcagle@mariner-energy.com   <<Special BOD Mtg.
Notice - 12-19-01.doc>>  <<Adoption of the Amendment and Restatement of the Mariner Energy.doc>>
Subject: Status of Rudi Zipter


Rick,   What is Rudi Zipter's status?
He has sent a couple of emails to Bobbi Tessandori our immigration representative .
He has taken vacation and paternity and repatriated back to the US.
Is he working in the office?
Is he going to be retained?
Please advise.
Regards,
Subject: CONFIDENTIAL


Rick -  Here are the names that Louise provided.
If you could provide recommended bonuses for those individuals who did not receive a retention payment, I would greatly appreciate it.
Frank Hayden Valdy Gorny Ted Murphy Mary Nordstrom Bill Bradford Debbie Brackett Tanya Rohauer Rod Nelons Ed Sacks Jay Williams Stephanie McGinnis Monica Reasoner Paul Radous John Suttle Max Sononstine Susan Rance Darren Vanek Jane Wilhite Wendy Conwell Kortney Brown Veronica Espinoza Veronica Gonzales  Thanks for your help.
Subject: New HR Contacts - post headcount reduction


In case there is any confusion who is your HR contact following the last 2 days headcount reductions, attached is a updated listing.
I anticipate we will make further reductions in HR headcount in line with the wind down of operations but will obviously notify you of these ahead of time.
The Asset team under Stan is not listed attached as it remains largely unchanged.
The people listed attached will be lead by Robert Jones, VP of HR.
Robert, Mary Joyce and myself have set up central specialist HR support teams (not listed attached) based on the 16th floor of the old building to ensure that you and your HR leads have the resources and services they need to provide the necessary HR services for ongoing operations.
Please call Robert, Mary or me with any questions.
David
Subject: Finance Comm. Book


I talked to Ray Bowen today regarding the Finance Comm.
book.
He and Jeff will combine the old CFO and Treasurer's report into one Finance Report.
Please make a placeholder on the agenda.
The materials will most likely be handed out at the meeting, so please put in a sheet saying that behind their tab.
Thanks to each of you for your diligence on this effort.
Paula  CONFIDENTIALITY NOTICE  The information contained in this email may be confidential and/or privileged.
This email is intended to be reviewed by the individual or organization named above.
If you are not the indented recipient, you are hereby notified that any review, dissemination or copying of this email or its attachments, if any, or the information contained herein is prohibited.
If you receive this email in error, please immediately notify the sender by return email and delete this email from your system.
Thank you.
Subject: Emergency Contact Info


Rick Buy has requested that we maintain an up-to-date list of all RAC employees' home phone number, cell phone number and home address.
Please verify your contact information with the Assistant in your group by the end of the day today .
On a go-forward basis, if this information changes, please notify the Assistant in your group as soon as possible.
Thanks so much for your help!
Subject: Merger Communication Materials


Attached are the latest communication materials.
We DO NOT have a deal yet, but I am sending these so that you have time to review before holding floor/staff meetings in the event we have an announcement later today.
Please do not forward these materials, as they are not yet final.
If there are any changes in these materials when the deal becomes final, I will resend them.
Please let me know if you have any questions.
Thank you.
Subject: Economist Speaking Invitation


Dear Mr. Buy:  We have the pleasure of inviting you to participate as a speaker in an upcoming conference given by The Economist.
Attached you will find the formal invitation and a preliminary draft of the programme agenda.
Here are some key facts for your reference:  Conference Title:  Global Risk Management Summit Date/Location:      March 7, 2002;  New York City Topics:                   All of the critical issues surrounding: business continuity/business resumption planning; the long-term capacity for handling risk transfer; the integration of market and credit risk; the implementation of a vertical enterprise risk framework; the management and mitigation of brand, country, human capital and cyber risk.
Delegates profile:   CROs, CFOs, CIOs, treasurers and controllers, heads/directors/officers of risk management and business continuity, senior financial executives, systems providers and consultants serving the risk management industry Attendance:           100+ 	 I kindly ask that you get back to us at your earliest convenience.
In the meantime, please feel free to contact me at 212-541-0552 if you have any questions or if you would like any additional information.
Sincerely,
Subject: Counterparty Trading status  pm 13th Nov


Karen, 	As requested by Ted, please find attached the latest Counterparty Trading status report of pm 13th Nov.
Please supply a hard copy to Rick.
Thanks.
Subject: Exchange ratio and bond price


As we discussed yesterday, the exchange ratio adjusted price comparison is the key ratio to guage market merger appetite.
I also included the ENE 6 5/8% 10/15/03 bond price to view the credit market's perception.
I'll send it around from time to time.
An excel file is attached.
Regards,
Subject: PG&E settlement offer


Below are the proposed discounts we discussed with Ken Lay this afternoon:  USD millions:                                  Cash from 85       P+L with 85 cent               Discount   cent sale of claim    sale of claim  Enron      $ 85.0 (17%)       $361.8             +$129.1       PG&E       $237.0 (46%)       $232.6             -$  0.1  Midpoint   $161.0 (32%)       $297.2             +$ 64.5    If the midpoint (value between PG&E and Enron settlement offers) is acceptable from a liquidity and P+L standpoint, propose countering at a discount of $123 million (move half way to midpoint) to provoke a counter offer.
Intent is to settle at midpoint discount of $161 million.
The Excel file is attached.
Subject: Message from Pug Winokur


Gentlemen:  	Bob and I would like to schedule a joint session of the Audit and Finance Committees, perhaps at the August meeting, to cover the following topics (and any others which occur to you):  1.	how and why are the trading and investment policies (and levels specified therein) established;  2.	how and why are the VAR and maximum expected loss limits set;  3.	how useful is the VAR methodology as it is extended outside of the wholesale gas and electricity business.
It would also be useful to update the Committees on the post-audits of recent investments and perhaps on the larger "asset" investments such as Dabhol, Electrol, Cuiaba, etc.
Even as we move away from these investments, there may be some additional lessons to be learned.
Does our post-audit process and procedure continue?
We could meet briefly in May to discuss the idea of a joint meeting and the proposed agenda, if that is convenient.
Best regards.
Subject: Net Variable Power Cost


Someone from Rick Buy's Risk Management group will be calling you to schedule a visit to discuss with your team the procedures and strategy PGE has in place to manage the variability of our net variable power costs.
Since Rick's group is  a corporate Risk Management group there should be no market affiliate issues.
The visit will enable us Houstonians to get even a better handle on the risk profile of your business given the tremendous volatility we have experienced in power prices.
Let me know if you have any questions.
Thanks in advance for your cooperation.
Subject: Final 8/10/01 Gas Violation


Attached is the Enron Americas GasTrading violation memo for  Maturity Gap Risk for August 10, 2001.
The Office of the Chairman for Enron Americas is responsible for printing out a hard copy of this memo, signing and returning the hard copy to Chris Abel at 3560f, who will forward it to RAC to obtain their signature.
Thank You