Subject: "ENA Offsite 2000".

Body: Guys, in coordination with your trading partners, can you start putting together your offsite presentations. Each group will have approximately one hour to one hour and half. A suggested format would include (for East Power, East Gas, West Power, Canada (power and gas), Central Gas and West Gas): a) market overview - including supply/demand, structural changes, etc; b) strategy and opportunities in 2001(include five new trading/origination opportunities for 2001); c) expected 2001 new products/structures, coverage and deal flow; d) what worked in 2000 what didn't; and e) organization and resources - people, assets, constraints, etc. In a nutshell, we want you to share with the group how your market works, where the opportunties lie and how are you positioning yourself to take advantage of those opportunties in order to reach your financial and other goals in 2001. Tammy Sheppard and Dorie Hitchcock will coordinate and do a lot of the heavy lifting; however, they need your first cut by December 8th. Thanks

Subject: "UPDATED UNITED WAY REPORT".

Body: Please see attached a United Way Contribution Summary by Business Unit as of Wednesday morning, August 10. This summary includes the total contribution amount to date, percent participation, campaign goal, and percent of goal for each business unit, as well as the functional groups within your business units. Currently we are at 77%, or $2.25M, of our financial goal with only 42% participation. These numbers are still significantly lower than where we were this time last year and we continue to need your help! If you will do the following throughout the remainder of the campaign, I know it would help exceed our goal of $2.9M. ? Continue to send out reminder emails including the United Way link ? Continue to have personal dialogue with your direct reports and those in your group Please let me know if you have any questions regarding this report or the campaign in general. Thank you for your participation and support of this year's campaign.

Subject: "New Power Financial Gas Confirmations".

Body: The 6 financial gas confirms have been returned to us, signed by New Power. I have not heard whether we have received all the physical gas confirms yet and we are still trying to find out what financial power deals were concluded. Marcus

Subject: "Heel on discharge of June 9, 2001".

Body:
Captain Bentzr?d- Please leave a heel of LNG on board the vessel sufficient to reach the next loading in Qalhat on July 5 in load ready condition. Please estimate the volume you will require and revert, keeping in mind that we would like to unload as much as possible on June 9 at Lake Charles within the parameters outlined above. Thanks and regards,