IN: This is an email
Further to our conversation Friday night...? ?was that Friday? anyway we have the following needs. An L/C to Henry petroleum for $1.4 mil. This app is at Enron and was originally sent to Chase for issuance..now Chase says no. ( this one is getting touchy) New apps being forwarded this morning that need issuing. Ultramar Diamond Shamrock $15.0 mil Astra Energy Canada $3.3 mil Koch Canada $800,000 Pending: Choctaw II Oil and Gas : $1,0 mill.....we are waiting for the verdict on this one..but don't hold much hope for getting out of it. Should know this morning. ALSO;;;;;;;NEED TO HAVE COST NUMBERS ON THESE L/C'S SOME OF THE CUSTOMERS ARE OFFERRING TO PAY FOR THEM BUT WANT A NUMBER

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OUT: L/Cs
QUESTION: Mark, Zhiyong and I met with Geoff this evening, to run over the budget numbers. Geoff was prepared to give the OK to the following items CGS Physical $ 2,065,308 Sitara/CPR/TDS Maint $ 1,310,853 TAGG/ERMS Maint $ 1,273,775 CGS Financial $ 1,451,316 Gas Performance Upgrades $ 800,000 TOTAL $ 6,901252 Of the the other items in that section, the IT Commerical Co-ordination piece needs to be handled by Tommy Yanowski, the Global Valuation Mtce piece shouldn't be there and has now been corrected in the underlying sheets, and the Gas Fundamentals piece needs to move to Chris Gaskill's pot. Zhiyong and I will meet with Chris Gaskill first thing in the morning to get sign off on the numbers for Gas Fundamentals. We don't anticipate a problem with this as Geoff Storey has already given him a heads-up on the costs. We have also cut around $700k off the Gas Fundamentals costs which didn't make it to the final printout today in the meeting. regards
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ANS: ENA Gas Budget Sign Off
I wanted to let you know I am currently negotiating two Master Gas Agreements with TransCanada for the two entities listed above. As previously discussed, credit suggests increasing TransCanada Pipelines Ltd.'s guaranty to $50MM and decreasing Enron's to the same amount. Have you discussed TransCanada's guaranty? Is $50MM large enough to cover your agreement? Veronica Espinoza(66002) in credit is working with me on guaranty issues. Finally, did you receive copies of Enron's and TransCanads's guaranty? If not, let me know I will fax same. Their guaranty expires the end of this month. Regards,
Q: What is a potential subject line for this email?
answer: TransCanada Energy Marketing USA / TransCanada Gas Services, Inc.
Please review and verify the attached spreadsheet. Make any corrections to employee info in RED on the spreadsheet As we will not hold a pre-ranking meeting, please provide a pre-rank of 1-5 (see attached rating descriptors) for each employee. COMMERCIAL: Commercial employees are identified by a C in the Peer Group column You should be prepared to represent these employees at the July 9 Commercial PRC meeting COMMERCIAL SUPPORT: Commercial Support employees are identified by a CS in the Peer Group column Non-exempt employees (Clerks/Administrative Assistants/Coordinators) will not participate in a PRC meeting. Your ranking on the spreadsheet 1-3 (see attached rating descriptors under Job Group Participation) will be the final ranking for these employees Note: If your employees used the PEP system to do a self-evaluation, it is important that you review the accomplishments section of the self-eval prior to attending a PRC meeting. This information will be available to display on the screen during the meeting. If you have any questions, call me at 5-3847. Please send the completed spreadsheet to me no later than MONDAY, JUNE 11.
Answer: Important PRC info-Read and Respond by Monday, June 11
Here is an email: Your recent voice mail message to me indicated that you maintain a list of board positions held by VP's and above. I thought that it might be helpful to have this in writing to add to your list. Beginning with a fiscal year that starts April 2001, I am now a member of the Board and President-Elect of National Charity League, a mother-daughter community volunteer organization. We have over 300 members, including mothers and their daughters in grades 7 through 12, in the Spring/Champions area. We run bingo games in local nursing homes, provide "coaching" during practices for Special Olympics volleyball, tennis, track and bowling, stock local food pantries, work with children in after-school programs in the local elementary schools, etc. It is a great way to create common goals for mother and daughter teams with a focus on others, at a time when girls would otherwise tend to be focused only on themselves. The hope is that this early introduction to volunteerism will remain with the girls as a lifelong commitment.
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A: Community Board Position
QUESTION: FYI, I have been in touch with Carol in Williams' legal dept. regarding confirm and master issues. Have you received their objection to the confirm. If so, may I have a copy. Thanks
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ANS:
Williams Energy Marketing & Trading