Q: I think selling the Power Gas Marketing gas to EES behind EOG is working well (other than the price). I would like to sell it to EES for the term of the deal. You have not sold it to anyone have you? If not, I'm going to try to sell it to EES for the term. And if I remember correctly, the volume is 10,000/month and the term is 10/31/2000, correct?
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A: EOG - Power Gas Marketing

Q: Dick: After our conversation, I spoke with our settlements people again who requested an EWEB invoice when Enron owes money to EWEB. I propose that we add a section to the Schedule entitled "Accounts" (Part 3(h)) as follows: "Prior to each payment date for any Transaction, Party A (ENA) shall provide Party B with an invoice reflecting the net payment owed by a party. Notwithstanding the foregoing, Party B shall provide Party A with an invoice prior to any payment date on which Party A owes a net payment to Party B. With respect to all payments hereunder, and except as otherwise directed in writing, the parties shall comply with the following payment instructions: [bank, account no., ABA no.]" Please provide me with EWEB's account data and let me know if you have any comments. I'll send the blackline immediately after I hear from you. Also, I have not received EXECUTED CONFIRMATIONS. Have these been sent to anyone at Enron? Sara
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A: Revision to Schedule

Q: VaR for total power has decreased from $41.9 M to $38.7M. VaR for the west desk has decreased from $22.7 to $21 Decrease in var for the west desk is due partially to decrease in intra month vol curves (significant change in Aug component var for the NW-LT and NW-ST books) and decrease in overall short position. Minal
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A: West VaR Reports

Q: Enron North America is interested in selling natural gas to PNM Gas Services on a firm basis under the following terms and conditions: Term: April 1, 2001- March 31, 2002 Contract Price: I.F. El Paso San Juan Basin less $.09 Firm Daily Quantitiy: 10000 mmbtu/day Delivery Point(s): Delivered to PNMGS at the tailgate of the Williams Field Serives Ignacio Plant into Transwestern at Ignacio Plant;at the TW Blanco Hub ; at WFS Kutz Plant into PNMGS; Milagro Plant into Blanco Hub; or any other mutually agreeable pointsinto PNMGS. Special Conditions: ENA will selelct, nominate, and deliver the firm daily quantity at any of the Delivery Point(s). ENA will notify PNM no later than 3:30 p.m. M.T. one day prior to gas flow day (Cycle 2) of the selected Delivery Point(s).
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A:
Term Proposal