Subject: "London - Week of January 15th".

Body: I plan to work out of the London office during the week of January 15. I will leave Houston on Sunday and will be in the London office starting around noon on Monday. I will be back in the Houston office on Monday, January 22. The primary goals of the trip are: to work with Mike Jordan on an action plan to move the close and officialization of London books to same day, to replicate an Operational Risk information session for London counterparts (we are doing this in Houston on January 11 per my e:mail to you for managers and above within Operations), to hold a training session for business controllers in the London office who will participate in Doorstep reviews this year (outside EEL), to discuss with Mark Pickering the technology dependencies of the London office related to speeding up London's information for the corporate DPR Patti Thompson (x39106) will have a detailed itinerary in hand if you need to reach me at any time next week.

Subject: "PGE Deals".

Body: Phillip, Here's a copy of the spreadsheet we gave to Bill Bradford. Our exposure on the financial deals increased relative to the february spreadsheet from $45 mil to $71. Also, we have one physical deal (next winter), which is not physical storage, that is marked at $12 mil. The spreadsheet shows five synthetic storage deals with PGE Energy Trading that may have the wrong counterparty in our system. I'm at the office and will be here through the meeting. My cell number is 832-444-7702 if you have any questions. Mat

Subject: "Delta/Salmon".

Body: Hi Catherine, Would it be appropriate for me to call Karl or someone to try to get the original docs? I have this urge to get something off of my "to do" list, and this looks like a good candidate. Thanks,

Subject: "DAILY POS. REPORT.".

Body:
POSREP HOEGH GALLEON 19TH. APRIL 1200LT (1600UTC) A) Position at noon : N 26 41 W 089 29 B) Dist. from last noon : 271,5 n. miles (14 HRS. )(1 HRS. ADV) C) Dist. to go to next port: 9209 n.miles (Qalhat) D) Eta next port : June 12th. 0001 local time E) 1:Average sea/weather : Wind: SE 4 2, Sea: SE 3 2:Average speed : 19,39 knots / average RPM 91,90 3:B.O.G. consumed : nol 4:F.O. consumed : 75 mt. 5:G.O. consumed : nil 6:Average vapor press. Tk. 1: bar. Average liq. temp: Tk. 2: : Tk. 3: : Tk. 4: : Tk. 5: : ETA ALGECIRAS 29TH. 2000LT. Brgds Oe. Hansen Master E-mail: master.gall@hoegh.no Teleph: Inmarsat tel.no. 330853910 Fax : Inmarsat fax no. 330853913 Telex : Inmarsat B telex no.330853915 Telex : Inmarsat C telex no.430853910 (24hrs.watch)