IN: A meeting was held with the Eunice Team to assign roles and responsibilities for the newly issued Title V air permit for the NNG Eunice C/S. The permit is similiar to the other title V permits issued to New Mexico faciliites. Assisted the Gallup Team with the preparation, completion and submittal of the Title V semi anual compliance monitoring report and annual certification report. The state of New Mexico Air Quality Bureau conducted an inspection of the Wt-1 C/S. This inspection is interesting in the fact that all combustion equipment has been removed and dismantled and replaced by electric units. Written notification was submitted to the agency several months ago and a written reply was received from the agency that the facility is exempt from any and all permitting requirements. A meeting was held with the Artesia Team to assign roles and responsibilities for the newly issued Title V air permit for the Atoka No. 3 C/S. Also discussed was the permitting approach which will be followed for the approval to install micro pre combustion chambers on two White units which were found to be out of compliance with the air permit emissions limits when the New Mexico Air Quality Bureau conducted a surprise inspection at the facility.

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OUT: Weekly Activity Report- Roswell Area

IN: EAS reviewed a sample of invoices with company codes altered by the end user prior to coding and approval to ensure that the original invoice dates were maintained. Our testing showed that the fix was effective and the invoice date did not change after October 10, 2001. Several other issues were uncovered and are described in the draft report. Attached please find the draft report detailing the results of our testing. I will contact some of you next week to discuss the recommendations. Feel free to contact me with any questions or concerns regarding this draft report. Thank you

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OUT: iPayit Invoice Date Changes

IN: To All - Attached is an updated version of the Intercontinental Exchange Participant Agreement - complete with schedules for transaction costs in various commodities. This form is a new version of the existing Participant Agreement Enron currently has in place and is anticipated to be effective on December 1, 2001. While I have been reviewing the legal terms and conditions, I need some assistance from you - the business personnel - on the pricing stated in the applicable schedules. These price schedules have all been updated from the existing contracts. At your convenience, please review the schedule applicable to your particular commodity or forward it to the appropriate person for review. Please let me know if the pricing is acceptable. Granted, since this is a form agreement we may not have much power to change any pricing, but I at least want each of you to be aware of the changes. Thanks.

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OUT: Intercontinental Exchange

IN: Hi Dale, We are meeting with GE tomorrow to talk about this. Please let me know if you have any suggestions or comments. Ditto on the ABB agreement which I forwarded not too long ago. Kay

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OUT:
GE Contract