IN: This is an email
Paul, Welcome back. The Wyoming Governor's office wants to meet in August re energy issues. I have identified the appropriate Enron nat gas people. I would recommend a conference call with your Wyoming contact in advance of that meeting to determine if it makes sense to fly a lot of people to Wyoming. Mark Whitt is based in Denver and focuses on nat gas marketing. I believe he has had some discusions in the past with Wyoming re their royalty positions and will likely call to discuss. Scott Josey runs our producer finance business which finances/invests in upstream producers and projects. He has some clients that may be interested in expanding a Wyoming position. Let me know how you would like to proceed.

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OUT: Wyoming

IN: This is an email
Frank, This email will confirm that MidAmerican will not be paid for the November gas purchase amount of $1,558,687.65, since they have already shortpaid their transportation invoice by this amount. I spoke with Mark Walton in Finance this afternoon, and he said that they are aware of the situation and have already taken the appropriate actions to cancel the wire transfer that would have gone out to MidAmerican later this month. Also, FYI, I did check with the Contracts Group about payment terms in GISB agreements. Section 7.2 of the GISB form stipulates the payment date as being the 25th day of the month following the month of delivery. I spoke with Renee Perry in Gas Logistics this afternoon, and she is looking into compiling an invoice for finance charges on the balance shortpaid for the period November 12th - November 25th. Please call me if you need further information. Thanks,

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OUT: MidAmerican Gas Purchase Payment

IN: This is an email
A couple of items of note from this weeks IEPA call: 1. As noted in Steven Kelly's recent e-mail, it looks like Commissioner Laurie is planning to leave the CEC at the end of the year. The only siting case before him is Roseville, so Kelly thinks it is unlikely he will stay to see the case completed. Commissioner Moore's term is also up at the end of the year. Kelly thinks he will try to get an extension on his term 'till his siting cases are complete. As I think we can all guess, Kelly is not optimistic about the replacements that might be named by Davis to fill their spots. 2. The proceeding to modify the siting rules seems to be at a bit of a stalemate. Commissioner Purnell has put forward some draft language to try to break the log jam. IEPA is getting a copy to send out. 3. Kelly thinks the critical issues that are going to be addressed in the CPUC IRP process are: a. The market design issues surrounding procurement practices by utilities (assuming they regain this ability from DWR) b. Procurement of renewables IEPA is planning to file to be a participating party to these proceedings. If Enron wants to be a party separately we need to file a letter to that intent by Nov. 9th . Steven thinks this time around PG&E and Sempra might be on our site on the generation issues b/c of their IPP businesses. Let me know if you have any questions on these issues. I'll keep you updated as things move forward.

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OUT:
IEPA Call Update