IN: This is an email
Gentlemen: Please find the attached letter agreement, structure term sheet and key assumptions for the Kathleen Anne storage field. I would suggest the following: 1. All parties review and comment on the language of the documents. 2. All parties should assess the assumptions provided with respecto to their requirements and economics. 3. Enron will forward the historical values for the summer/winter spreads. Note: the average value (2006 $s) of the expected summer/winter spreads going forward is assumed to be $0.38. This spread is based on Enron's price curves, and the base economic value of the deal assumes we capture the full summer/winter spread in each year. 4. All parties develop assumptions/requirements for the following: a) GLO and PNP required % of net oil revenue (net of costs) during EOR period, and storage period b) GLO and PNP required % of net storage revenue c) Enron base marketing fee (as well as cost estimate) d) Enron at risk marketing payment 5. We meet to discuss: a) Transaction structure, roles and responsibilities b) Key project assumptions c) Actions going forward Regards,

What is the subject?

OUT: Kathleen Ann
QUESTION: As we near the end of the year, I want to make clear some individual VAR limits I have come up with as we go forward. These will change from time to time as to allocate VAR to desks that are profitable and re-adjust VAR when desks are not profitable. Please read carefully. If you have any questions feel free to see me. There will be penalties for not staying within your VAR limits. I will be reasonable but fines will be assessed for repeated breakage. Rob Benson - 7 MM Paul Broderick - 1.2 MM Gautum Gupta - 1.5 MM Joe Quenet - 300K Ben Rogers - 300K Garrett Tripp - 300K
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ANS: VAR Limits
Rod: Further to my recent memo, the Tokheim debt is being transferred to DLJ (and we owe Deutsche Bank for the unwind of the loan swap). Sara P.S. Who will handle credit derivatives in your absence?
Q: What is a potential subject line for this email?
answer: Credit Derivatives
Sara- I am sorry to hear Frank has left.. have you spoken to him, is he OK? How are you doing? Can you please tell me how you are dealing with counterparties who still have exposure to Enron? I know all contracts are null and void.. what is the process for them to take off deals. The only counterparties I have with any exposure are: tudor wexford I am asking for them specifically. Also, on monies we owe counterparties.. like tudor and catequil, what is the process they must go through? Thanks very much,
Answer: counterparty processes
Here is an email: Hi Joe- Hope you enjoyed your time at home. I just wanted to follow-up with you and see if your parents had any suggestions for me. Let me know and thanks again for your help. Beth
What is a potential subject line for this email?
A: your vacation
QUESTION: Contract 05591 was suspended at 11/30/2001 13:38:04 PG&E National Energy Group and any other company referenced herein that uses the PG&E name or logo are not the same company as Pacific Gas and Electric Company, the regulated California utility. Neither PG&E National Energy Group nor these other referenced companies are regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products from these companies in order to continue to receive quality regulated services from the utility.
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ANS:
e-Trans Contract Administration