Problem: BODY: Dear Sirs; Misprints in former report now corrected. HOEGH GALLEON, DATE: 05-06-01 12:00 15:00 (UTC) A) Position at noon: N 23 24 W 069 20 B) Dist. From last noon: 438 nm C) Dist. To go to next port: 1476 nm D) ETA next port: LAKE CHARLES 09-Jun 04:00 LT E) 1: Av. wind/sea Wind: E 3 Sea: 3 2: Average speed 18.25 kn RPM: 88.38 3: BOG 194.6 m3 5: F.O Consumed 34 MT 6: G.O. Consumed 0 MT 7: Average vapor press Average liq. Temp: Tk1: 0.122 bar -158.17 ?C
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A: SUBJECT: RESENDING OF POSREP JUNE 5

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

Problem: BODY: Sara: We have a situation in Mexico that we need to address fairly soon. In a nutshell, we were negotiating a master with this counterpartty for a long time and at a certain point we (with credit approval) entered into a transaction and a day later we agreed on the final terms of the Master. We sent them final execution copies in one day and Enron filed for bankruptcy 2 days later. They never signed the docs and we never confirmed the transaction because we were waiting for the master. They now do not want to send us an execution copy of the master because it provides for automatic early termination. I will stop by your office to discuss. I will be talking with this counterparty tomorrow to propose some solution but would like to have your views before talking to them. WE are about US$1MM in the money with these people. Thanks
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A:
SUBJECT: Mexico