This is the content of an email: Please set up the following agency agreements on Transco pipeline; Pipeline Transco Counterparty Kerr-McGee Corporation (see deal 141117) Agent Enron North America Contract 1.8766 Rate Sched IT Term: 1/1/2000 - 1/31/2000 Evergreen Comment: ENA is the nominating agent. All invoices go to Kerr_McGee. Pipeline Transco Counterparty Case-Pomeroy Oil Corporation (see deal 143256) Agent Enron North America Contract .6187 Rate Sched IT Term: 1/1/2000 - 1/31/2000 Evergreen Comment: ENA is the nominating agent. All invoices go to Case.

Subject: Transco Agency agreements

This is the content of an email: We have a very good relationship, and long term gas sale with Thermo Partners who manage the 270 MW Ft. Lupton facility. They have inquired as to Enron's interest in either buying the energy, tolling or buying the entire plant. The effective date would be July 2002. The plant is currently under a QF contract with PSCo. Mike, I would like to see if you have some time on Monday afternoon to discuss the particulars and we can devise a game plan to get you connected with these guys. Let me know your availability. Thanks

Subject: Thermo Ft. Lupton Co-generation Plant

This is the content of an email: As far as your email questions, my responses are following: 1. The list I have provided you is the only list that exists on financial counterparties. There is no Excel spreadsheet to follow. 2. Duke Energy Corporation. At Mark's direction, I am sending his note below regarding utilities. Again, until we do the due diligence on a utility counterparty we have no way of knowing what kind of local, state or federal regulation or approvals they may be subject to. We currently have masters in place with only about 10 utilities/govt's. We are in the process of negotiating another 30. Until those masters are executed and we have the relevant resolutions, authority documents and/or legal opinions, I cannot approve them for online trading. I have made every effort to search company websites and elicit from Credit whether a counterparty is a regulated utility or not. If I cannot tell by the information available to me, additional due diligence will be needed to see if they are subject to local, state, or federal regulation. Mark can override any decision I have made, I can only make decisions within the guidelines the attorneys have set for me. 3. Montana Power Trading and Marketing Company is a subsidiary of a regulated utility. I am unable to determine from Credit or their website what type of regulation they might be subject to. The note is true that Credit says they are getting out of the business anyway. 4. Petrotemex. Per my conversations with Mark and our advice from counsel, unlike U.S. and U.K. counterparties, Mexican counterparties are not able to enter into derivative transactions unless their articles and bylaws specifically provide for these types of transactions. We will not know this until the due diligence is completed, so I am supposed to say "no" for Mexican counterparties we do not have a master swap agreement in place with. 5. PSEG. It is an energy services company; however, it is also not an eligible swap participant (or "ESP"). CFTC regulation limits the derivatives trading we may do to certain types of counterparties that meet certain financial requirements (large, institutional type investors, companies, banks, etc). Corporations and partnerships have to meet certain net worth and asset levels or we cannot trade financially with them. Whenever I say "not ESP" or "not eligible swap participant" it means they have not met the financial net worth test. 6. The American Coal Company. See prior note.

Subject: Online Derivatives Trading with Regulated Utilities

This is the content of an email: Margaret, Just wondering how my Visa was coming along? I had a confusing conversation with Jeanne in relocation services this morning. The way I understand the moving process is that my household goods have to leave Canada at the same time or after I leave the country. She seemed to think that I had to go to the US and then return to Canada before my goods could leave Canada. Can you shed some light on this? Thanx,
Subject: US Visa