IN: This is an email
John, Attached for your review is the process that I am pursuing at Mariner. I would like to discuss it with you tomorrow if you are available in person or by phone. Also, it appears that Mariner has another discovery in its Swordfish prospect. The results from the 1st well are positive and we are preparing to drill the 2nd well in the next few days. Second well will be down around Christmas. A definitive economic impact is impossible to provide at this point but could be in the $15-$25 million range +. Scott <<Restructure 11-20-01.doc>> - Restructure 11-20-01.doc

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OUT: Mariner

IN: This is an email
Thanks, Scott. Scott/Hedy/Sandi/Bev: Erik Letke heads up the retail marketing effort underway in San Diego. Marty Sunde wants Alpert to have an EES commercial contact that she can talk to in the event she has further questions, etc., He'd like Erki to be the contact person. Erik could you copy your vitals (title, contact info) to Scott and Hedy Govenar and Sandi McCubbin so they can forward along to Alpert? Erik, seems that it would be useful if the customer letters to Alpert could make the following points (folks please weigh in and add/subtract/modify if needed): The customer's glad to have had the option to take Direct Access service from Enron because having the opportunity to take advantage of the offer has made the customer better off. Direct Access is an extremely important option that customers need, want and should have going forward. Any "solution" that the Legislature comes up with must therefore include the continuation of Direct Access for all customers. As such, the Legislature should immediately fix AB 1X to make sure that Direct Access remains a permanent fixture of California's energy strategy. Direct Access customers should not be forced to pay for DWR's power purchase costs, since Direct Access customers aren't benefitting from those purchases. Best,

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OUT: Follow up with Alpert's Office

IN: This is an email
Attached you will find the new books that have been set up for UBS Energy. There are some books that do not have a trader name attached. These books will be inactive until a trader is assigned at a later date. Please let me know if you have any questions. John

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OUT:
New Books - Natural Gas