IN: Credit wants to open up the referenced counterparty immediately. They are approved to trade all physical products, except physical power, and can trade all financial. I will follow up with this counterparty profile on today's approvals.

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OUT: RUSH APPROVAL - Torch Energy TM, Inc.

IN: 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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OUT: Revision to Schedule

IN: Barbara: in case my voice mails didn't make sense, see the final section of Shelley's paper on valuation. ETS is working through INGAA to push in a direction that is inconsistent with where Paul and Mark were hoping BLM will go. DF

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OUT: Federal lands issues for Energy Policy Debate

IN: Rick, Attached for your information and input is a copy of a presentation I am putting together for EGM. I would appreciate your comments on the presentation but especially need your input on your section. The LNG page is on page 6 and needs some work. there is also a typo. On the graph, we need to find a way to illustrate our business graphically, what do you think? I would appreciate a quick turnaround of your initial changes. After we complete this first draft, this will be a continuous work in progress. Thanks,

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OUT:
presentation