IN: Tanya: I've been meaning to touch base with you about: In our form CSA, the Debt Rating Change is triggered ONLY off of S&P. I thought this was a carry-over from ENE's previous split rating. Does credit want to leave the trigger at "below BBB- by S&P" or also add in Moody's? Thanks. Sara

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OUT: general issues

IN: Tim, I thought I would send you a copy of the East Mid-Market QBR to give you a view on what Presto/Baughman are doing. The West historically has been far better than the East in covering the market and generating mid market deals/services. I look forward to our discussion in Portland next week. I would like to get a perspective on organization, market approach, deal flow, resources, products and coverage for the Mid-Market group at that meeting. Regards

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OUT: East Mid-Market _ QBR

IN: Please pass this onto the individuals in your groups: Tomorrow's simulation and Friday's desk to desk trading will provide an excellent opportunity for us to double check the online deals in tagg and sitara. Please pay special attention to these deals and let me know of any bridging issues. Even though we have been testing and having various people check the deals in the underlying systems, I am afraid of any logic that may be hardcoded in the bridge. Notify me immediately of any deals that are bridging incorrectly and I will try to resolve as soon as possible. I will also be watching the bridge to research any failed deals. Thanks for your help. Let's hope for a smooth transition! Dawn 3-9353

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OUT: Bridge logic

IN: A meeting was held in Laughlin, Nv with PG&E to discuss the liquids which were received and analytical result of 505 ppm which occurred at the PG&E F/S. Additional discussions centered around the latest migration of PCB's into the PG&E system and control technologies to stop additional migration of PCB's into PCB free portions of their distribution system. Annual emission fees were paid to the ADEQ for C/S No. 1, Kingman in the amount of $31,145.26 Annual hazardous waste fees were paid to the DTSC for the facilities that operate in the state California A meeting was held in Albuquerque to discuss and apprise involved parties of histoirc and proposed activities for 2000 for the 10 groundwater remediation projects currently being conducted in Texas and New Mexico. Received a call from the TNRCC about an air quality inspection at the Irion Co. No. 1 C/S on 6/30. the team was notified and preparations are currently being completed to ensure that all recordkeeping, permits and monitoring reports are onsite during the inspection.

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OUT:
Weekly Environmental Activity Report-Roswell Area