IN: Attached is the first report identifying financial master trading agreements generated by ECT's derivatives legal group. This report will be updated and distributed weekly. It only reflects documentation originated by Houston's legal department and the status of negotiations. If you have any questions, please call me at 713/853-5620 or e-mail. Thanks. Sara

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OUT: Southern Cone Financial Master Agreements

IN: We received the attached letter from SoCal Gas late this afternoon. They are requesting that Enron execute the Supplemental Margin Agreement by COB Tuesday, the 13th, or possibly face termination from their marketers' program. We will reassemble the folks who've been working on this on Monday.

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OUT: SoCal Gas

IN: Please read the following email from EOL. I have asked them to assist the West desk in mailing out an ad to all of our customers (utilities, producers, industrials, and some IPPs) notifying them of our plan to reduce the minimum volume accepted on all of our EOL products. Start thinking of which customers should be on the list and try to think of a creative way to present this to our customers. EOL has asked us to provide them with the text of our message. Also, let's go ahead and reduce the min volume on our products (primarily all phys and gas dailies) this week. We are attempting to capture all of the odd lot flow in the market. I would see this service as a clear advantage over the other web platforms. Let's get together on Friday afternoon at Ninfa's to discuss our ideas. Thanks,

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OUT: customer mailout

IN: We are buying the following Tenn transport from the pipeline for the winter. I just did the deals so I don't have the contract numbers. Term Demand Comm MDQ Nov .18 .02 3893 Nov-Jan .20 .02 2500 Feb-Mar .20 .02 2500 The Primary delivery point is CGAS - Broad Run. The primary receipt point is meter #010698 in 500L. We will be able to use any zone 1 receipt point but we only be able to use Broad Run as our delivery point.

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OUT:
Tenn Transport