IN: Dear Thomas: Attached for your review is a draft of a GISB between Enron North America Corp. and Houston Energy Services Company, L.L.C. Please give me a call with any questions and or comments regarding this matter. Regards,

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OUT: GISB
IN: This is an email
Gerald, We want to do a transaction with Falcon Gas where we provide them with base gas for pressure in their facility. We basically would park gas in their facility until Jan./04 to provide pressure. We are making two (mutually exclusive) proposals. Proposal 1: Park 2 Bcf of gas on October and November 01 (33,000/day), this gas would be delivered at the Lone Star WA line where it connects to the Hill Lake storage facility (Hill Lake is building a lateral that would connect to the bigger and better connected Lone Star's "X" line, this will be ready by the time we pull out our gas). Redeliver the gas to ENA at the interconnect of the Falcon lateral to the "X" line on January 04 (66,000/day). The redelivery would be done all in one month (the lateral and compressors would be in place to allow for delivery in one month). Proposal 2: Same transaction as #1 except that: We may get the option to convert 10% of our base gas to working gas (and therefore withdraw it) on the previous January (03). Please let me know if you want to meet to talk about the details. I'm attaching the draft term sheet for your review and editing (it is pre-credit but post desk pricing). Miguel E. Vasquez Manager -- Enron Storage Products

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OUT: Falcon
QUESTION: Anne, can we add the new pg&e topock curve to the basis transport tab? Also, the LT transport section is showing the transport positions through 2002, which is incorrect. Please review the transport deals in the model and delete the positions. Thanks,
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ANS: NCD
Read about how PGE is making methane out of manure in this issue of eBiz. Also in this issue: Enron's first quarter earnings overview Online energy trading will reach $3.6 trillion by 2005 Tom White becomes U.S. Secretary of the Army A U.K. offshore wind farm The PGE sale terminates How a fuel cell works A little bit of poetry It's all in the latest eBiz. Go to home.enron.com, click Publications, then click eBiz, and "eBiz April 27, 2001."
Q: What is a potential subject line for this email?
answer: "Take This Job and Shovel It"
Welcome Volunteers!! Beavy, since you are going to be out, and most of our work will be done next week, I will start giving Tricia "to do's" and you can catch up later. I have a meeting at 3:00 PM today. I would like to give you both a quick 15 min preview before then if possible. Let me know. Tricia, Please run a "monthly facilitaion by location" report for "The New Power Company" for both MarketEast and East for Jan 2001 and Jan-Dec 2001. I don't know if you can run the Jan-Dec 2001 on one report. Tricia, if we do the 15 min meeting today, I would like to have 3 copies of the Jan 2001 facilitation. I create a ton of bookout deals for New Power and I always start with the CPR report. Thanks.
Answer: The New Power Company
Q: During this critical time, it is imperative that our management team remain focused on our business and continue to address the challenges currently facing our company. For that reason, I have decided to postpone the Enron Management Conference. The Conference will now be held Friday, February 22 - Saturday, February 23, 2002 at the Westin La Cantera Resort in San Antonio. While the Saturday meeting allows some Enron executives who cannot be away from the office during business hours to attend the Management Conference for the first time, I also recognize that it requires many of you to forfeit additional personal time on behalf of Enron. I truly appreciate your sacrifice and I sincerely encourage your attendance. The new agenda, while still being finalized, will be abbreviated but every bit as informative and worthwhile as previously planned. We'll be in touch soon with more details. Regards,
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A:
2001 Management Conference