Subject: "Bullets 12/08/2000".

Body: Offered ePrime FT.....5 cents East to East (ie, Tumbleweed and Oasis) with alternate firm to Needles at Permian-SoCal Gas Daily differential less fuel, then splitting profits TW 75% and ePrime 25%. Working with Bob Burleson with SPS power plant connection. Offered ePrime (the gas managers and affiliate of SPS) a .03 cent transport rate from Oasis to the new proposed interconnect (Panhandle leg) in exchange for volume commitment of 3 bcfs over 5 years. ePrime is planning on using the transport for loads during the 4 peaking summer months. Analyzed West flow transport contracts for future expiration dates without ROFR extentions. Putting together list of details for solicitation, allowing us to sell and hedge higher transport rates and taking advantage of current market spreads

Subject: "A&A to be placed".

Body: All, We currently have 7 associates and 2 analysts yet to place in ENA. These A&A are new hires and will be joining Enron in August. Please advise me if you would like to see these resumes today. Rgds, Karen. x54667

Subject: "Enron Net Works - Cost Savings".

Body: We are prepared to get with you as soon as you would like after your return from New York to review projected cost savings from ENW. For each business unit that we support (EA, EGM, EIM, EES, EBS), we have prepared cost savings on expense and capital based on the three scenarios below. Scenario 1: Enron exits the line of business, with immediate headcount reductions and cost savings quantified; skeleton staff remains for orderly exit of business; then final headcount reductions and cost savings quantified (Lights Out) Scenario 2: Enron retains and maintains line of business, but does not invest for growth; assumes no further systems enhancements; support is scaled back from current level and is minimal (Lights On - But Dim) Scenario 3: Enron retains line of business and invests modestly to accommodate known market changes; service levels are scaled back from current level and are a step above minimal (Lights On - Brighter) Cost savings in all three scenarios have been quantified at the following level of detail by commodity for EGM and EIM: EGM: Freight Markets EIM: Forest Products FX/IR/Equity Steel Domestic Crude & Products International Crude & Products Domestic Coal International Coal Cost savings have been identified for ENW's unallocated expense and capital as well. We have worked with HR to adjust cost savings for anticipated severance costs.

Subject: "Recall: Medicine Bow Loop Approved by FERC".

Body:
Lobban, Laine would like to recall the message, "Medicine Bow Loop Approved by FERC". ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ******************************************************************