Problem: BODY: Ken, Our associates in Argentina called this morning and suggested that we arrange a trip with you to visit with the President in Buenos Aires any time in the next ten days. They guarantee that the Water Company and TGS can be sold at fair prices with the full approval of the new government. The investors are in place to purchase TGS, the deal on the water company is the best deal Enron will be able to get now or in the future. Please give me a ring if this is of interest to you by 12:30 est., because we are getting a call from the office of the President at 1:00 est. Best personal regards,
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A: SUBJECT: Argentina

Problem: BODY: Attached are the clean and redline versions for the swap. The changes are in the "Valuation Date" section. This is a final edit. Please call if you have any questions. Thanks. Sara
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A: SUBJECT: Raptor swap - Avici

Problem: BODY: Transwestern's average deliveries to California were 959 MMBtu/d (88%), with San Juan lateral throughput at 827 MMBtu/d. Total East deliveries averaged 398 MMBtu/d. El Paso's average deliveries to California were 2122 MMBtu/d (72%): - PG&ETop, capacity of 1140 MMBtu/d, deliveries of 653 MMBtu/d (57%) - SoCalEhr, capacity 1250 MMBtu/d, deliveries of 979 MMBtu/d (78%) - SoCalTop, capacity 540 MMBtu/d, deliveries of 490 MMBtu/d (90%) Thursday's posted Gas Daily prices: SoCal gas, large pkgs 2.885 (+.31) PG&E, large pkgs 2.84 (+.295) TW San Juan n/a TW Permian 2.74 (+.44) Enron basis: n/a
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A:
SUBJECT: California Capacity Report for Week of 12/26-12/28