Subject: "Bullets for Stan's Roundtable".

Body: Key bullets for 2000 accomplishments and 2001 goals: Executed firm transport contract with Oneok at maximum rate for California deliveries. Contract also includes provision for Marketing Fee if contract is ever released above max rate. Completed new interconnect with EOG for additional 15,000/day. Potential opportunity for future transport agreement. Settled dispute with Burlington involving volume commitments under various pipeline pressures. Working with SPS and ePrime on potential power plant interconnect. Working as liaison with programmers to enhance Deal Profitability system. Working with Accounts Receivable to resolve outstanding reimbursable projects.

Subject: ""New" Lawsuits".

Body: Paul Flack asked me to ask each of you if you have received any materials relating to lawsuits about which you have not yet informed us. Paul's question arises from our learning about a motion that was filed in federal court in Texarkana in a case styled Davis, et al. v. Enron, et al., in which you were named as defendants, and about which we have received no prior notice. Thank you for your assistance.

Subject: "SoCal GIR/Unbundling".

Body: In todays meeting the CPUC did NOT act on the Revised Proposed Decision issued last week to unbundle the SoCal system. Once again the decision has been Held Over to the next meeting. gh

Subject: "Brokerage Account".

Body:
Sorry, but I still can't talk. Although Marie is not in today, I can have Susan Bailey (Ext. 34737) contact Morgan to alert them that the faxed docs are coming. We also will need a signature on the agreement itself and I can't recall if Marie sent that already. Please call Susan so that we can be more specific about what might happen today (and whether it can wait until Monday morning when Marie returns). I have not received anything from Robert. Thanks. Sara