John/Gia: You asked that we attempt to evaluate our activities. Working with TW, I've valued this one. The California Commission ruled that the "Hector Road" natural gas recent point in California ought to be made a primary receipt point. This would have had the effect of TW losing access right to 200 MMcf/d of capacity at SoCalGas' Needles receipt point. Best case scenario: Under SFV rates, loss to TW is commodity rates (wash) and the fuel margin. TW calculates the fuel margin to be $5.8MM/yr. Bad case: If shippers on TW try to make the case that TW is at fault for losing the primary access rights, then TW is at risk for the demand component of the contracts associated with the 200 MMcf/d. TW calculates the demand charges loss to be $16.5 MM/yr. Worse case: In addition to actual damages listed above, shippers face performance penalties and other contractual damages (from their customers) and they try to pass those costs on to TW. I discussions with TW, we concluded that the most likely case fell between "best" and "bad," somewhere in the $12-15MM/yr range. TW believes that without the assistance of CA Gov't Affairs in the case, the $12-15 MM/yr would have been lost. Be happy to discuss with you further. Best,
Q: What is a potential subject line for this email?
answer: Valuation of GA Activities
Rick, As follow-up to our discussion of today, we would like to explain our concerns. EEL entities are under control of an administrator - Price Waterhouse - who represents the interest of the creditors of those entities. All decisions regarding those entities are being made by the administrator. Michael Brown, Fernley Dyson, John Sherriff are not in the building and to the best of my knowledge have resigned all directorships. Most of the remaining employees (300) are working for the administrator. There are, however, interests of Enron Corp which are housed in Enron House may not be getting the attention they deserve or , potentially more concerning, are being used or eyed by the locals for their benefit. Examples are : 1) the contractual assets in ECTRIC which include financial trades, weather derivatives, nordic energy, some crude and products trading. 2) large in the money pumped storage trade which is in a US-based LLC - in the money by a net $50MM 3) Enron Direct is being offered for sale (JV with EES) 4) The TXU VPS contracts (currently under termination dispute) is being negotiated solely by administrators and their employees Transactions are being terminated by counterparties, deals are being cut between the administrators and commercial for the dispostion of assets, and value is being eroded because no support staff will work without a reasonable expectation of being paid. Finally, the administrators have been here for several weeks and seem woefully prepared to take on the task at hand. We suggest that the Houston-based 'investor' (whether that is current managment or a trustee) ought to reconstitute some form of governance over its activities in Europe so that it can be assured of receiving maximum value for its assets here. Currently, we have little capability to cause the local staff to provide us with the information and access to make informed decisions. Please give us a call so we can discuss a course of action, if any, you would like us to take. Ted
Answer: US Interests in Europe
Here is an email: wussup wichu, brutha? just wanted to let you know i'm done with your book. it was a superior work of literature, by the way. i highly recommend it. if you want it back, send a self-addressed stamped box to 2505 NE 32nd Pl., Portland, OR 97212. just kidding....gosh! that's the address of my super-sweet house, by the way. next time you're in town you have to come over and have a civilized dinner in our DINING ROOM. that's right - we have one. and many other rooms too. it's an all-around great place to be, let me tell you. gotta go control your energy now. write back. love,
What is a potential subject line for this email?
A: Yo!
Q: Attached is a letter to TW notifying them of the CDEC rate increase and requesting their election on the pricing adjustment. Please review. We need to get this to TW asap.
Propose a subject line
A: TW Gallup Rate Increase Letter
IN: On January 29, 2002, Enron named Stephen F. Cooper interim CEO and chief restructuring officer. To keep employees informed about developments, Mr. Cooper left voicemail messages to employees on January 29 and February 8. Since some employees do not have access to voicemail, we are providing the following transcripts of those messages.

Generate a subject line.

OUT: Transcripts of Steve Cooper's voicemails
IN: This is an email
Nancy, Please find attached the form for the new book request for the NG-PR-OPTLT book. As always I need to get this set up ASAP. Thans for your help. Errol, X5-8274

What is the subject?

OUT:
New Book Request - NG-PR-OPTLT