QUESTION: Hello Kenny, Just a couple of things. One our stock is up again today now it is up 2 at 62$ I was wondering if we should sell some? What is your opinion. Also I have some reading for you tonight - The Skiliing Story is all over the Gas Market. (I told Ya). I know that Clayton has soccer tonight - dont worry about dinner , I would actually prefer some of that Turkey tonight. I love you
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ANS: Misc
Russell: Here is a summary of the ownership chain of Global Companies LLC: 1. Its members are Global Petroleum Corp. ("GPC"), YPF Distribution Company ("YPF") and Montello Oil Corporation ("Montello"). From what they sent to us, I could not tell the ownership percentages. 2. The affairs of Global are managed by a "Board of Governors" who are selected by the members. Specifically, GPC and Montello collectively get to choose 3 board members and YPF gets to choose 3 board members. I your credit worksheet, you had specified as a "MAC" trigger if YPF, SA fails to own at least 51% of Global Companies. Is this the same entity as YPF Distribution Company? Do you want this as a MAC or as an Additional Event of Default or Termination Event? Carol
Q: What is a potential subject line for this email?
answer: Global Companies LLC
This email is acknowledgement from the Power Pool of Alberta of the change in direct sales/forward contract registration for contracts that are currently registered with the Power Pool between Chevron Canada Resources and Enron Canada Power Corporation for trading after December 29 HE 1 2001. On January 4 the Power Pool received your acknowledgement of Enron's change in the source asset for the direct sales/forward contract registrations for contract # 1947 to modify the source from the Sundance 3 unit (SD3) to Enron's unmetered source asset (ECP-). The modified registration terms will be effective December 29 HE 1 2001 and will apply until the expiry date of the contract registration for net settlement purposes. As for the sink asset related to direct sales/forward contract # 1947, Enron has acknowledged and accepted your change to the sink asset from CH1A to CH1U. This change will be effective January 1, 2002 HE 1 and our systems will be changed today. If you have any questions relating to this matter, please give me a call.
Answer: Power Pool
Here is an email: All: I received a request from PPM to send our form of ISDA to document trading. We previously sent a draft to these guys on 1/13/99. The only difference is that they now want to trade and the Scottish Power acquisition is done. The contact is: Gary Ordway 830 N.E. Holladay Suite 200 Portland, Oregon 97232
What is a potential subject line for this email?
A: Pacificorp Power Marketing ("PPM")
Q: James, I believe the Communications for 2002 should be $.2MM in NNG's Gas Logistics... Anyway... NNG 2002 increase is due primarily to: EPSC $.3 Less Capitalized $.4 Increase in Benefits $.15 Increase in Salaries $.1 Hope this helps. Nancy
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A: Gas Logistics 2001 C.E. vs 2002 Plan
Here is an email: Hi Mike, Sorry I missed you when you returned by call this am. I have some concerns about the voice mail you left re: assignment language. Enron can't stay on the hook for payment if the agreement is assigned, as this would bust the financing/accounting arrangement. What we have tried to do to meet your concerns is to see that ABB has a contract with a party which is as financially sound as Enron by adding the guaranty language. This addresses ABB's request that the party with the payment obligation have the "financial wherewithall" to make the payments. This is a big change from where we were in the last contract. I've had a request to get an approximate storage cost (monthly) for budgetary purposes. This is in connection with the buy back arrangement. Can you give me a guesstimate? Thanks,
What is a potential subject line for this email?
A:
Contract