Subject: "Weekly Environmental Activity Report-Roswell Area".

Body: Had a conversation with Dan Walker, V.P. of Development for the Rocky Mountain Elk Foundation concerning Enron's future as a partner. Dan will be meeting with the CEO of the Foundation to pursue actions towards an Agreement or MOU between Enron and the RMEF. Interest has been surprisingly high for employees within and without GPG expressing a desire to be involved with the Foundation. Assisted C/S No. 8, Corona with the development and submittal of the facility's Title V semi annual report and annual compliance certification report submittals. Presented annual pollution prevention training for the Kingman and Flagstaff teams as required by the State of Arizona for large quantity generators of hazardous waste. Received a Compliance Order from the State of New Mexico, Air Quality Bureau, for an outstanding turbine replacement activity at the P-1 C/S which occurred in 1996. Transwestern had met with the AQB over this issue in 1996 and assumed that the issue had been resolved. The issue in question was Transwestern's replacement of internal components from a smaller turbine to a larger turbine, with the internal components of the larger turbine components (inlet guide vane adjustment and removal of the regenerator) mechanically adjusted to simulate conditions of the smaller turbine. When Transwestern received permit approval from the AQB to operate at the larger turbine capacity, Transwestern made the upgrade adjustments operable. Apparently, EPA has mandated that the AQB act on all issues considered to be outstanding as determined by the EPA. Dave Nutt has been sent the Compliance Order to review. Under the conditions of the Order, Transwestern has 30 days to request another hearing.

Subject: "Offer on Gas Daily Option at Waha and Perm".

Body: Larry, A customer in TX is looking for gas supply to two power plants. We are looking for a gas daily fixed price straddle at Waha and Perm in order to give the customer flexibility. Volumes, term and strike are shown in the file below. Let me know if you have any questions. Thanks,

Subject: "Legal/Credit meeting of 7/25/00".

Body: Carol and Rod: I need to follow up on both Deutsche Bank AG and Dresdner Bank. Rod: Could you please call me tomorrow? Carol: I'll take a look at the files and send you an email. Thanks. Sara

Subject: "Bonus & LTI Reviews".

Body:
Robert, I have on Greg's calendar the dates of Jan. 10 - 12 for Bonus & LTI Reviews w/you. You booked this w/me a couple of months ago. This has probably changed and should be removed from Greg's calendar. Please advise. Many Thanks, Liz Taylor