Subject: "EPNG ROFR Process".

Body: 1. Notice of intent to execute ROFR due six months prior to expiration (Nov 30) 2. EPNG posts capacity on bulletin board specifying terms and conditions 3. Open season must last for a minimum of 20 business days 4. Bidders must conform to procedures in EPNG's tariff (sec 28.9 b) 5. EPNG is not obligated to accept offer at less than maximum rate. 6. Bids will be evaluated to determine best bid in accordance with tariff (Sec 28.10 b) 6. If EPNG accepts a bid, Shipper has 5 business days to match and is not obligated to match more than five years 7. If no competing offers received, shipper is "not entitled" to extend the contract except by agreeing to pay max rates or negotiating otherwise with EPNG.

Subject: "CA Development".

Body: Attached are drafts of the documents to effect the transfer of two GE turbines and one ABB transformer to CAED I and CAED II. The dates and amounts are bracketed, as pending the determination of the closing date. We will need sets for both CAED I and CAED II, with II receiving the transformer. These will be prepared with the forms are agreed. These documents are subject to internal Enron review, but in the interest of time I am sending the documents to everyone. Thank you,

Subject: "CGAS storage/exchange deal tickets for Nov-Mar".

Body: Donna explained how everything is working so Victor has killed the following deal tickets Deal Comment 470563 New Power Exchange buy 470568 New Power Exchange sell 470582 CPR Storage Sell 470587 CPR Storage Buy We will be using deal 456379 (purchase from New Power) through March 31st. Also, we need to make sure we do not recognize the storage balance in Sitara. Joann has the storage contract number if anyone has questions.

Subject: "12/31 Paycheck".

Body:
My paycheck doesn't seem to be anywhere around here. Could you let me know if my name was on the list of missing paychecks for the end of last month? Kathy Axford said she gave you such a list on 12/30. Thanks,