IN: This is an email
Given that tonight's weather conditions may not permit dining alfresco, I was wondering if we should come up with an alternative plan. I think the first order of business is whether or not we want to go some place we can eat or if everyone just wants to meet up post dinner. Depending on everyone's preferences I have several suggestions. Let me know your thoughts (regarding tonight).

What is the subject?

OUT: Raindrops keep falling on my head...
QUESTION: When: Tuesday, November 27, 2001 2:30 PM-3:30 PM (GMT-06:00) Central Time (US & Canada). Where: Conf. Room Oma 525 *~*~*~*~*~*~*~*~*~* We have several questions regarding the remaining work that needs to be done to complete NBP's O&M models in Adaytum, ETS progress on its O&M models in Adaytum and getting actuals into Adaytum once the O&M models are completed. Tracy -- Please let me know what phone number to use to reach the Houston attendees and I will initiate the conference call.
Propose a subject line for this email?
ANS: Update on NBP's Progress with Adaytum
ISSUES: Counter party creditworthiness, reliability of power delivery, ability to procure replacement power. Facts: NTEC has an all requirements G & T contract with Rusk. NTEC has contracted to provide firm power to RUSk for Enron's contract, barring force majeure. NTEC has block bid this power on the open market. Bids are due 6/27/01. REGULATORY OPTIONS 1. Alternative Counterparty (a)SWEPCO: It appears that the franchise for the service territory relevant to this deal is dually certified to both RUSK and SWEPCO (I am working to verify this). If the service territory is singly certified to RUSK, then no alternative counter party is eligible to supply power to the Enron contract. However, if the territory is dually certified to SWEPCO, then SWEPCO could be an alternative counter party for the Enron contract instead of RUSK. That should if applicable, resolve the creditworthiness issue and the ability to have recourse against a substantial counterparty in the event of default. (b). NTEC: Enron can enter into some 3rd party contractual arrangement with NTEC and a wholesaler, whereby there is direct pay between Enron and wholesaler, though title technically passes through NTEC. For instance, after the bids come in, Enron can enter into a 3 party arrangement with NTEC and the winning bidder. NTEC is a more substantial counterparty than RUSK and Enron can have recourse against NTEC in case of default. 2. Reliability/Replacement Power: (a). Enron can establish onsite DG as back up. (b) If the DG is offsite, Enron can, depending on the location of the power, self wheel over NTEC or SWEPCO's transmission lines to contract site. However, this may be inefficient due to increased line losses to back the power onto the grid. (c) Enron can Enter into a backup power arrangement with a wholesale power provider to supply the power required under the Enron contract. Once again, this arrangement must be originated through NTEC, because of its all requirements contract with RUSK. However, if Enron substitutes power at market price for the NTEC power, Enron will bear the cost of the higher priced power. NTEC has a long term partial requirements contract with SWEPCO, thus their power is much cheaper than market priced power. 3. Deregulation Options (a) RUSK opts out of Deregulation: Senate Bill 7, Sec. 41.052, states that an Electric Coop that chooses not to opt in to retail choice "retains the right to offer and provide a full range of customer services and pricing programs to the customers within its certificated retail service area and to purchase and sell electric energy at wholesale without geographic restriction." Depending on the value of this deal and the outstanding term of Rusk's contract with NTEC, Enron can persuade Rusk to renegotiate that contract or buy NTEC out. Enron can then step in as the wholesale supplier of power to RUSK. (b) RUSK opts in to deregulation: Enron can persuade RUSK to opt in to retail competition under an arrangement whereby Enron guarantees to RUSK that their current rates will remain at a predetermined stable position. The downside is that there may be minimal stranded cost issues, and the upside will be that RUSk can market to customers outside its sevice territory yielding potentially higher revenues. Questions: 1. What are the terms and conditions of the contract between RUSK and NTEC, what are RUSK's termination or renegotiation rights; and 2. What are the terms and conditions of the contract betweenNTEC and the wholesale supplier.
Q: What is a potential subject line for this email?
answer: ENRON COMPRESSION SERVICES DEAL
Darrell, I attempted to call you a few minutes ago (late night your time - but there was no voicemail). I didn't want to wait several more days before I contact you. I'm out all weekend. Eric shared with me some of your concerns about resources for a Korea LNG opportunity. I certainly understand your view but wanted to share some of my thoughts. Rick and/or Clay know the Asian LNG industry better than anyone else in the company. They are very good and I have a lot of faith in them and their ability to assess opportunities and develop projects. They are lacking wholesale type of transaction experience that a few of the guys that have recently come into the group have. That is why we have brought them in. We have a very strong team and i like the mix a lot. Eric is the person we chose to run the group for many reasons but it wasn't' done as a lack of faith in Rick or his original team. The biggest opportunities and the viewpoint we must take in this business is running it like a wholesale unit and running it as a portfolio of transactions and books. That certainly doesn't mean that 20 years of experience doesn't have enormous value especially in the non-Atlantic markets. Rick is in the process of coming back to Houston after the shut down of our middle east projects and strategy. Rick is also in the process of assessing what exactly he would like to do in the time of transition. My very sincere hope is that he will stay in the LNG group and perform a very important role especially in this type of development or deal making role. Especially in a big deal in Japan, Korea or something in the Asian area. We will discuss this next week when he comes to town. I need Eric to be in Houston right now due to our Elba Island, Venezuela and Bahamas immediate activity. He will certainly be engaged in everything but he can not be focuses as much as you need in Korea or Joe needs in Japan. Please give me a call next week and we can discuss this in more detail. Thanks,
Answer: Korea LNG opportunities
QUESTION: Hey, guys: I'm negotiating a rush ISDA for ECTRIC under the law of England and Wales. I believe that Michael drafted originally. (1) submission to English courts and waiver of all objections (2) setoff for all events (excluding affiliates) except for Tax Event or Tax Event Upon Merger Are the foregoing acceptable for ECTRIC? Your immediate response is appreciated as Michael Moulton wants to book deal Tuesday, Nov. 7. Thanks. Sara
Propose a subject line for this email?
ANS:
SITA (French company)