IN: This is an email
Nora: You may want to let the folks at Milbank and V&E know to send you stuff instead of Scott. My contacts in Houston from V&E are Trina and Alicia and in London is Jeff Eldredge. Mark Evans is my internal legal contact in London. Carol

What is the subject?

OUT: Project Margaux - Revised Swap Documentation
QUESTION: Earlier this year, the Joint Legislative Audit Committee instructed the Legislative Analyst to prepare a fiscal and policy analysis of the California Power Authority. That report was released today during an informational hearing. I have forwarded a copy of the report to Jeff. I will forward a brief overview by facsimile to San Francisco, Houston and Portland. The highlights of the report are as follows: The focus of the CPA has shifted dramatically since its inception. The CPA originally focused on purchasing peakers whereas it is now focused on DSM. There are several areas that may warrant additional legislative activity: Provide legislative oversight Establish a mechanism for using revenue bonds Clarify the CPA's eminent domain authority Clarify the power of the CPA to invest in transmission Clarify the relationships between all California power agencies In addition, I spoke to Energy Committee staff today about next year's possible activities. In their estimation, the Legislature may be forced to address some of the items in the LAO report regarding the CPA. In addition, they have to do something regarding the bonds because SBX2 18 was never sent to the Governor because of his threatened veto. They expect no bills authorizing grants or incentives due to the state's budget crunch. Senator Bowen is still interested in DA and green DA, but they see this as a second tier item. The future of DA will be dictated in part by how the CPUC addresses the undercollection.
Propose a subject line for this email?
ANS: Legislative Update
Barbara, Bullet Point List of Major Accomplishments: 1st Half of 2000 * Project Gallup - Compression Services Structure and Financing in 1st Quarter - $4.8 mil income to Upstream Origination * NNG Hubbard Restructure - Compression Services Restructure of Existing Deal - $1.3 mil of income to Upstream Origination 2nd Half of 2000 * Project 20/20 - Assisted Shonnie with asset sale transaction - 3rd Quarter - $78.8 mil income * Crescendo Energy, L.L.C. - Working to resolve or restructure gathering deal with Wildhorse - Ongoing * New Capacity Release Transportation Production for EOL (Drafted GTC and Product Description and worked with credit and risk management) - Went online Nov. 14th. * Huber Transaction - Long Term Firm Purchase Agreement signed. Capacity Release and Transportation Assignment Agreements expected to be signed by next week - Expected income of $7 mil in 4th Quarter Other Ongoing Activities: HPL Transport Off-System Transport (Transport Agreements and Precedent Agreements) Interconnect Agreements
Q: What is a potential subject line for this email?
answer: Accomplishments for 2000
Elizabeth: I am one of the contract attorneys from Bracewell & Patterson assisting EES on various projects. One of the matters which has been delegated to me is the review of a Master Power Purchase & Sale Agreement between EES and A'lones. I met with Richard Ring yesterday, and he indicated that you might be able to answer a few questions. First, Richard has informed me that ENA was heavily involved in the development of this document, and, as a result, the form is used "as is" and without amendment, save for information to be provided in the Cover Sheet. One of my "marching orders" is that choice of law provisions in EES paper should require Texas law. The Edison form opts for New York. Is this something that can be changed? Second, what about more substantive matters, such as who takes the lead in sending transaction confirmations? In the A'lones transaction, it is contemplated that EES will be the Buyer. The Edison form places primary confirmation obligations on the Seller. I am informed that EES prefers to be the confirming party, regardless of whether it is the buyer or seller. Is this something that can be changed? Third, there are a variety of typographical and reference errors. i.e. double commas (see paragraph 2.2), doubled phrases (paragraph 5.1(h)(i)), and possibly mistaken use of defined terms (see use of "Product" in second line of paragraphs 4.1 and 4.2). What is the Company's position on correcting these types of items? I apologize that this is being e-mailed, as it would probably be quicker by phone, but my connection to the phone system is lagging somewhat behind my connection to the computer network. Thank you for your time and attention. Scott L. Franck Bracewell & Patterson, L.L.P.
Answer: Edison Electric Institute/Master Power Purchase & Sale Agreement
Here is an email: JSavitt@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: Upon a subsequent reexamination of the data, the NYISO has determined that hour-beginning 7 for the 28 July 2001 real-time market was mistakenly not reserved. There might have been a metering problem resulting in the passing of some incorrect data. Consequently, the NYISO is now reserving hour-beginning 7 in the 28 July 2001 real-time market to verify the prices in that hour. The hour will be corrected or released as soon as possible. The NYISO apologizes for the inconvenience, but feels that it must reexamine that hour more thoroughly and institute corrections if necessary.
What is a potential subject line for this email?
A: Price Reservation for 28 July Real-Time Market
QUESTION: We will be releasing new version of the Stack Manager and the EnronOnline website tonight . The following are the changes 1. Changes to Stack Manager: 1.1 Changes to toolbar icons: To facilitate further development of the system, it has been found necessary to change the toolbar icons at the top of the Stack Manager. The attached file shows the old icon and its new replacement. Next to each image below is the description of the function that is executed as well as the short cut key that is mapped to the same function: 1.2 New Functionality - Auto Suspend The Auto Suspend function allows traders to set an absolute price change from a price level at which you would like the system to automatically suspend a specific product. This function is useful if your products use automatic price resets. To activate this feature: 1. Select a product and click on Product Properties 2. Check the Enable box 3. Enter the Price Check and Suspend at +/- values 4. Click Update Example: a trader Enables Auto Suspend and selects a $35.00 Price Check and a suspension level of +/- $5.00: The system will suspend the product when the mid price is above $40.00 or below $30.00 You will need to enter a new Price Check or disable the Auto Suspend function to reactivate this Product if the Auto Suspend is triggered. Please note the system checks for any products that need to be suspended once a minute. 2. Changes to EnronOnline Website (These changes will be rolled out in phases over the next week and will be available to all customers only by Friday 5/4/01) The following enhancements have been made to the EnronOnline Website: 2.1 Today's Transactions Float Window: In order to float the window, right click on the Today's Transactions section, click on the Float Window option. Sort Ordering: Click on the column heading to change the sort order. Linked Transactions: You can display the linked Transactions in an expanded or collapsed view. To do so, right click in the Transaction display area and select full Expand or Full Collapse. 2.2 Submission Box The submission box has been modified in order to show a space between each set of "zeros" for the volume the customer wants to sell/buy. Savita
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ANS:
VERY IMPORTANT ENRONONLINE STACK MANAGER CHANGES