Subject: "Confirmation of Forward Purchase".

Body: As we discussed, I never received a confirmation of the May, June and July forward gas purchase (1,000 per day at Ventura at $2.895/mmBtu). This purchase was made through Brian Frihart. I need to know if Enron plans to stand behind this purchase. Without confirmation, I will assume that the deal is no longer valid.

Subject: "Enron MW/Peoples Master".

Body: As everyone is aware, Peoples provided notification to Enron MW, L.L.C. of its desire for credit support or termination effective December 28th of the Master Physical Agreement between EMW and PGL. Richard and I met with Raulie, Dave and Tim this morning to discuss the implications of the termination and our ability to continue to fulfill our obligations regarding the deals that are subject to the Master. After much discussion, they (PGL) have agreed to delay any termination until either the end of January or February (they are going to discuss internally which makes more sense). Therefore, unless a higher power overturns our agreement, PGL intends to issue a letter amending their previous notification/assurance letter. If anyone has any questions or comments, please let Richard or me know at your earliest convenience. Thanks - Gregg

Subject: "Gregg Engineering Keys".

Body: I am working with Gary Kenagy to determine who has possession of the Gregg Engineering keys. I was informed that you may have a Gregg key. Please verify if this is true and the key number. Thank you,

Subject: "presentations".

Body:
I hope some of these help. They are similar in nature but may have different pieces inlcuded in them. I recommend flipping through them quickly and eliminate extras or ones that you don't need. Call me if you need anything else. mike