Problem: BODY: John, Further to the voice message that I left you, I have recalculated the amount of security that would be required if all of the modified direct sales contracts are acknowledged by noon January 4. The calculations are still a bit rough but I thought this spreadsheet would provide you with something to review. I have used a $35 Pool Price in the calculations. Note the additional tabs in the spreadsheet that detail the hourly generation that the Pool has received for SD3 and SD4 . In determining the actual security required, we will need to review the megawatts in the contracts registered in detail once we have the acknowledgements tomorrow. For simplicity I have assumed that everything is base load and I know this is not correct. Once we know exactly what contracts we are looking at, we can fine tune the calculation. <<December SD3 and SD4.xls>>
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A: SUBJECT: Enron Security

Problem: BODY: November 27, 2001 Re: IPAMS 4th Quarter Board of Directors Meeting December 7, 2001 at the Pinnacle Club, starting at 9:30 am Dear Board Member: I wanted to give you a quick reminder that the 4th Quarter Board of Directors Meeting is next week. Hopefully you've already made arrangements and are planning to attend. We have a short amount of time to cover all our topics, so each board member is asked to keep their oral report short (3-5 minutes). Oral reports are intended to touch on highlights such as: significant issues and upcoming events or activities. For Committee Chairs and State Vice Presidents a more detailed description of your activities/reports should be contained in your written report. A form for submitting your report is also included with this letter. As a reminder, please submit written reports to the IPAMS staff no later than Monday, December 3rd. Please RSVP to Natalie in the IPAMS office by responding to this message or e-mailing her at ngarner@ipams.org. Thanks for your continued involvement, and I look forward to seeing you on the 7th. If you should have any questions, please feel free to call the IPAMS staff for more information, 303-623-0987. Very truly yours, Robert L. Bayless, Jr.
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A: SUBJECT: 4th Quarter Board Meeting

Problem: BODY: Dan, Please be advised that the vessel is reporting steamleakage on port boiler this morning, indicated by loss of water. Port boiler was closed down for to be cooled for entering and investigation. Just received a msg from the vessel that it looks like a crack in one of the tubes in the waterwall and this will be closer investigated as soon as the boiler is cooled further down. If so, the crack can be welded during the night/morning (24th). The vessel is arriving Algeciras on the 26th 2300 for taking boiler water, stores, spares and change of crew. The Capt. is reporting that the deviation will be abt 12 hrs as the vessel have to anchor for taking boiler water, but he will do his outmost to minimizing the deviation time. The vessel is now steaming with one boiler in service and doing abt 12 knots. Reverting as soon as any news re boiler leakage is received from the vessel. Eta Lake Charles 8/6-01 0600 can still be kept. Best regards
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A:
SUBJECT: LNG/C"HOEGH GALLEON" - BOILER LEAKAGE