Mr. Lay, Enron has been very good to our contract company. We have very little expectation of being paid but we love this company as much as you do. We work in your corporate records with a great group of people and I feel we are needed there at this time. We have so much faith in you and we know you will pull Enron through this tumultuous time. This is meant to be a note of encouragement for a man we all admire very much. You've done it before. You can do it again.
Answer: faith
Elizabeth, Jeff forwarded me your questions about capacity options. I've answered them to the extent they involve legal/regulatory issues. If you need anything further please don't hesitate to call. ? Can a new shipper who enters into an FTS-1 contract with zero MDQ in order to purchase a shipper call option or sell a transporter put option be allowed, prior to the exercise date, to transfer the underlying option rights by permanently releasing this contract? YES. ? Will we be required to report these contracts with zero MDQ on the Index of Customers and/or the Transactional Report? YES. ? Can the releasing shipper permanently release a portion of his existing MDQ and choose to keep or transfer the option rights? YES. The shipper could even release all of its MDQ (reducing it to zero) and keep its option rights. ? How is it determined whether a contract with an option amendment is within the min/max tariff rate or needs to be filed as a negotiated rate? The option fee is converted to a per-Dth, per day rate and added to the transport rate. If the total exceeds the maximum tariff rate, it's "negotiated". Otherwise, our position is that it's not negotiated. We are not 100% positive that FERC will agree with us on this issue.
Answer: PRIVILEGED & CONFIDENTIAL Attorney/Client Communication: Your TW Capacity Options questions
Mark, note the feedback from the AA's, it is imperative that we get a handle on this! Let me know when I can spring our plan on Jeff. Regards
Answer: ENA Analysts and Associates
Dear All, EnPower Production will be down between 9PM - 12PM tonight. Please let us know if there is any problems, and if there is any delay in PortCalc or Excel ( Database related) processing. Thanks, Norman.
Answer:
Production EnPower will be DOWN 9 - 12PM Tonight (11/14)