IN: This is an email
As promised, attached is the second update on our British Energy hedging program. We have been very successful in the last few weeks moving a number of deals forward. Other retail marketers are starting to come out of the woodwork to purchase power for retail intitiatives. The pending deals listed are those with >50% probability of closing. Obviously, none of these deals are binding, and as we execute some of these, we will re-evaluate the position. Cheers, Paul D

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OUT: British Energy Update
QUESTION: You have many questions about how the bankruptcy will affect you personally. The HR team is endeavoring to answer these questions. Due to simple logistics, answering each question individually is very difficult. We are working to solve this issue by compiling answers to the important questions concerning employee benefits, expense payments and so on. Answers to the most frequently-asked questions will be posted on the corporate website at www.enron.com. Click on Information for Enron Alumni Affected by Chapter 11 Filing </corp/alumni/> . These Q&A Facts are regularly updated as soon as accurate and factual information is received. In addition, we will have updates on 1-800-97-ENRON. (Option 9) If you have questions that have not been answered, please submit them to the following email address: questions@enron.com A team of people will be answering these questions and posting answers on the above sites as soon as possible. The HR team will also be posting initial Q&A's within the next few days on www.home.enron.com for our current, retained employees. Thank you for your patience as we work through the complexities of the situation. Julie Kearney 503) 464-7404 julie.kearney@enron.com
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ANS: Q&A Process
I forgot one deferral that came through as a PMA in 0003 GL. Please defer $18,933 in expense(revenue entry) for Southern Union, production month 9911. Shout with any questions. Thanks. PL
Q: What is a potential subject line for this email?
answer: One more deferral
k# Volume Delivery Receipt .3924 35930 Emporia Telescoped .3924 (15930) Emporia Telescoped (Williams FS Supply) 20,000 Net ENA volume on k#.3924 .3767 ?? WSS - Meter #6600 .3768 ?? GSS ???? .6507 543 Leidy Utos .6507 13 Leidy Z3
Answer: TRCO VNG contracts
Here is an email: what is happening? hope all is well, just got back from a week of skiing with Maco in Tahoe. Was great, but did my gambling suck. Joe
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A: You still there?
QUESTION: Judge says Enron has to give up documents By Emily Bazar Bee Capitol Bureau (Published Sept. 7, 2001) Enron Corp. must turn over sensitive internal documents to state legislators, a Sacramento judge ruled Thursday, but only after the two sides agree to a court-approved confidentiality agreement. For months, a special Senate committee investigating electricity price manipulation has been issuing subpoenas and gathering documents from power generators and marketers. During the process, the committee has found three companies in contempt for resisting the subpoenas, including Enron, which fought back with a lawsuit asking the court to intervene on its behalf. In his ruling stemming from the suit, Sacramento Superior Court Judge Charles Kobayashi said he wasn't convinced that "the Senate committee will be able to maintain the petitioner's right to confidentiality." As a result, he ruled, those documents handed over by Enron that contain legitimate trade secrets must be protected by a confidentiality agreement. In his ruling on another Enron motion, however, he denied the company's request to quash the committee's subpoena. Still, Enron officials considered the judge's findings on the whole a victory. "We had no certainty that anything we handed over to the Senate would remain confidential," said Enron spokeswoman Karen Denne. "We were not receiving due process from Senator (Joe) Dunn's committee. They were acting as judge and jury on this issue." Dunn, D-Santa Ana, who is the committee chairman, said he "respectfully disagrees" with the judge's decision on the confidentiality agreement, which he said will be reviewed in the next few days by the Legislature's lawyers to determine whether an appeal should be pursued. Another Enron motion seeking an injunction against the committee will be heard in court next week. Enron is one of three companies that have been found in contempt by the committee. However, the committee purged its contempt finding against Mirant in July after the company complied with the committee's requests. The committee was poised to expunge its contempt finding against Reliant Energy Inc. on Thursday as well but couldn't draw enough senators for a vote. Dunn delayed the action until the next meeting. As for the contempt charge facing Enron, the Senate Rules Committee is scheduled to review the findings Monday and possibly make a recommendation to the full Senate. Should the full Senate also find Enron in contempt, it would determine what punishments, if any, would be levied. Dunn said he believes fines would be the most appropriate punishment.
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ANS:
CA Energy Issues