Subject: "SW curves".

Body: Per an email from Mike Grigsby, I understand we are splitting the west into two regions. You are going to be doing the SW and socal per Mike's email. I am attaching the curve files we have created. Please take a look at them and make sure I am not missing curves or have included wrong ones. We are only going to be setting published locations initially. I am sending you the curves in three parts due to the size of the files. The Index file has phys index and GDY, and the Phy file has BOM phys and GD. Please let me know if you have any questions. Thanks. PL

Subject: "I-140 Filed".

Body: Barry: for your information, your I-140 Petition for Alien Worker was filed today with the INS. It will take approx. 6-12 months to receive the approval. Margaret

Subject: "Banco Nazionale del Lavora".

Body: Per Bill's email, I faxed a proposed form of Enron Corp. Guaranty to the counterparty. Please do not approve any trades with this counterparty until due diligence is done on Italian law, which appears the be the place of incorporation of the counterparty. I will not assign the review of Italian law to an attorney until we receive your credit worksheet. If you feel we need to proceed with this now let me know and I will get someone to start looking at it.

Subject: "California Update--0717.01".

Body:
What people know: Hertzberg (et al's) bill (82XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee. It will be heard again tomorrow (perhaps beginning at 10 AM) , at which time parties will have a chance to support/oppose and ask for amendments. Most, including us, oppose unless significantly amended. The Wright (D) -Richman (R) bill (83XX)was heard in an "informational"