QUESTION: Elizabeth and Lisa, Please review the following draft e-mail that I would like to send to the CAISO. As Elizabeth is aware, the CAISO wants some assurance from us or it will stop accepting our schedules. Keoni, This e-mail confirms our conversation of a few minutes ago. You, Phil Lieber, and I discussed how EPMI will continue to meet its SC obligations during the coming weeks. 1. EPMI will notify the CAISO of any anticipated material negative deviations, e.g., if our counterparties are suspending power deliveries to us. 2. EPMI is currently owed money by the CAISO, which is sufficient to cover any anticipated imbalance charges, GMCs, etc. 3. In the event that Enron Corp. files for bankruptcy, EPMI will seek bankruptcy court approval to pay the CAISO any amounts required under the CAISO Tariff to establish creditworthiness in order to maintain EPMI's SC status. EPMI will seek this approval as soon as possible; however, the CAISO understands that this process will not be immediate. 4. The CAISO is working to set up a new SC identification code to identify EPMI as a post-petition SC. 5. I will continue to be a single point of contact for the CAISO and will assume
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ANS: PLEASE REVIEW ASAP SO THAT I CAN SEND THIS TO THE CAISO
Barry, et al: FYI. Some initial info I got from our outside council regarding utility authority to engage in financial risk management tools. More info to follow as we get it. If you have quesitons, comments, or suggestions for additional research needed, just holler. Please forward to others who might need it. Best,
Q: What is a potential subject line for this email?
answer: Utility authority to engage in derivative transactions
Jeff, Please accept my apologies for the slight delay in getting back to you on the message board regarding this week's API forecast. I'd like to take a minute of your time to highlight what we are doing to address all our concerns over our forecasts and how we are actively seeking to produce better results that we are all comfortable with and that provide useful insight and tradable information to our colleagues on the trading desks. As I am sure you know, forecasting the API's is not as scientific as other industry data such as the AGA's. The API is not consistently clear as to how it measures crude demand and this week's data is a clear example of this in that there is a discrepancy of 1.2 million b/d between crude runs and the demand figure shown by the API. Each week the basis of measuring crude demand changes slightly. To address this we are looking at finding ways of predicting what we call the API Curve Ball Factor through a variety of regressions / moving averages analysis. The second area we are in the process of perfecting is imports data. We are working closely with IT and Net Works to scrape real time shipping information in order to give us a better handle on crude coming in to the country. We are also recruiting a Quants PhD from Vince Kaminski's group who will be able to bring a slightly more scientific skill set to our team of business / economics skill sets. Please be assured that this issue is one we are giving the utmost priority to addressing. Having only recently taken on responsibility for the crude and products fundamentals team I have not had much opportunity to discuss issues with you. Please be assured that I am available at any time to discuss this, or any other, issue with you. Best regards,
Answer: API Forecasts
Here is an email: Under separate cover, I will fax to you a copy of the February 6, 1998 legal opinion which, from my research, created the "issue" between SG&E and Enron North America Corp., formerly Enron Capital & Trade Resources Corp. It might be easiest if SD&G reissues the opinion without the qualification contained in Paragraph 5. Please let me know what you think. Regards. Sara
What is a potential subject line for this email?
A: San Diego Gas & Electric ("SG&E") - financial tradint
Q: A little forward movement trying to get the Global Counterparty not to set up counterparties under division or trade names. If the counterparties insist on doing so, we have been trying to get them to add the legal name as part of the counterparty's name in GCP. For non-swap team members, you may want to forward this email on to your groups as well.
Propose a subject line
A: Counterparty Name Conventions
Here is an email: James, Per Steve Wyatt's suggestion, I have taken the liberty of registering Enron Corporation on the eLawForum web site. In the course of completing the registration, I accepted the eLawForum User Agreement on behalf of Enron. Please let me know if you have any questions about the User Agreement. We would be happy to address any concerns. I have created the 2 roles for you that are required to use our site. The first role is as "Client Administrator." This role allows you to manage the site, primarily by adding and deleting users and assigning them appropriate roles. Your login name and password for your roles as Client Administrator are: Login - "jderrick" and Password - "enron". Please note that both your login and passwords are case sensitive. I have also created for you the second role of "RFP Administrator." In this role, you can create a new RFP and/or manage existing RFPs. You are required to have a second Login name and Password for this second role. I have assigned you the Login in of "jamesderrick" and Password of "enroncorp" in your role as RFP Administrator. Once again, the login name and password are case sensitive. To logon and begin using the web site, go to www.elawforum.com. Click on "logon" and sign on in your role as RFP Administrator. Let me know if you would like a quick walk through the site. In addition, please contact me when you are ready to post your first RFP. Our service includes providing Enron hands on assistance every step of the way. Sincerely,
What is a potential subject line for this email?
A:
Registration of Enron Corp. on the eLawForum Web Site