Subject: "NDA - Zefer Boston".

Body: At the request of Tom Gros, I am attaching our proposed form of Non-Disclosure Agreement. If the enclosed meets with your approval, please execute the agreement and return it to me via fax no. (713) 646-3490. I will then have it executed by Enron. If you have any comments or questions please call Mark Greenberg, Senior Counsel, at (713) 345-8897 or me at (713) 853-3399. We look forward to hearing from you.

Subject: "Question about CA permitting process".

Body: Jeff, My colleague Joel Schwartz and I are looking for a concise summary of the typical siting/permitting process for a plant in California, including steps in the process, number of agencies, and average length. Any ideas? Thanks again for your great remarks last Friday; I really appreciated them. Regards, Lynne

Subject: "EOL Pricing Algorithm Update".

Body: Hi I've attached a couple of files summarizing our progress and current status on modeling the bid-ask spread. The first summarizes characterization of the EOL Crude data and the second describes a bid-ask spread model based on options theory developed by Zimin (The figure from the paper is included separately). I am now setting up an Excel spreadsheet to test this model with the EOL data. Let me know when you would like to meet to review this. Thanks, Bob Lee

Subject: "Equitrans".

Body:
Please set up the following CES Equitrans, LP contracts with ENA as agent. Contract 238 Frimness IT Service Transportation Rate Sched ITS Term 1/1/2000 - 1/31/2000 evergreen Contract 270 Firmness Firm Service Type Transportation Rate Sched FTS <=== new service see tariff page 25 Term 1/1/2000 - 1/31/2000 evergreen. thanks