Subject: "Outstanding EOL PA's".

Body: Hi Tana, I was just wondering if you could assist with the status of the following PA's. I understand these are awaiting approval by Legal and Contracts, Houston, having already been approved by Credit, Sydney: Company Name Date Submitted NTT Communications Taka Maeda 7 June 01 Yuen Foong Yu Paper Yileng Tseng 10 Aug 01 Beijing Zhengcheung Technology Mr. Hwzhao 17 Aug 01 Moraka Pte Venkatesh Raman 13 Sept 01 Terragate Pty Ltd Charlie Bell 12 Sep 01 Mitsui Mining Australia Akihiro Imazawa 9 Oct 01 Coal & Allied Operations Matthew Wall 6 Nov 01 Nipponkoa Insurance Kenji Terauchi 6 Nov 01 As I am sure you can appreciate, I have had several inquiries regarding these applications. With the exception of the last 2 which have only recently been entered, these PA's for the most part seem to be taking quite a long time. Any information you can provide regarding the status of any of the above would be greatly appreciated Thank you and regards,

Subject: "Industrial Plan".

Body: UNION members: The attached presentation provides one format to develop a general orig "plan" for attacking the industrial market. The objective is to encapsulate our "common view" of the industrial market opportunities, resource strategy, product strategy, etc..(it also shows Louise that we are working together), . A more specific plan would be needed for each region driven by specific market needs. There is no pride of authorship for this format - changes/rewrites are expected. I you agree this has some value as a way to capture the results of our discussions, I will have an Associate from my group, JD Buss, to develop this further and coordinate comments and input from you or someone on your teams. Let JD know who he should get in touch with. Regards,

Subject: "Quicksilver Resources".

Body: Ken and Jeff: Glen Darden, the President and CEO of Quicksilver Resources, Inc., is a longtime personal and professional friend of mine. Recently, he has asked whether I would consider serving as an outside Director on the Board of Directors of Quicksilver. Before meeting with Glen to discuss this further, I want to make sure that Enron does not have any objections. Headquartered in Fort Worth, Texas, Quicksilver is a natural gas and crude oil production company engaged in the development and acquisition of long-lived producing natural gas and oil properties. Quicksilver began trading publicly in March of 1999 on the American Stock Exchange (KWK). Quicksilver has a long standing business relationship with Enron. Enron has historically entered into pre-pays and hedging transactions related to natural gas production and continues to do so today. Enron (via JEDI) also provided some financing at the time of the merger of Quicksilver and Mercury Exploration and was a significant shareholder of Quicksilver at the time of its initial public offering. I believe JEDI has since divested this stockholding. If I were to serve on the board of Quicksilver, I expect that there will be related party transactions of a routine ongoing nature that would need to be disclosed and which I would need to abstain from voting on as a member of the board. However, I do not feel there would be any material conflicts of interest as Quicksilver's core business is complementary to Enron, not competitive with Enron. As a personal matter, it is an experience that would be beneficial and would provide valuable personal visibility in our industry. I am scheduled to meet with Glen and others at Quicksilver later this month to further discuss this possibility. Would each of you please let me know after due consideration whether you have any objection to or concern with the position. Please do not hesitate to call me (x67713) if you have any questions or wish to discuss this further. Thanks.

Subject: "Scheduling & Conflicts".

Body:
Mark: This is a chronic problem which I have addressed with Cheryl on more than one occasion (hence the email of this morning). Her priorities are not currently with the swap group. Also, Carol will not be a reliable backup for structured deals since Julia's group will demand more of her time. I don't know what Angela's load will be like as an ongoing substitute. Last night we received notice of Yosemite IV and I'm hoping that Angela can cover. Alternatively, we may need to consider Frank, Francisco or Cheryl.