IN: This is an email
Dave, I am going to send Shawn your way - he has extensive development, asset and project finance experience. I would like him under your supervision to manage our coal power development strategy - like we discussed it could be a very robust strategy with multiple exit points. I strongly believe that coal needs to come back into the stack and that the existing development teams (Parquet & Jacoby) are already buried under mid-stream gas development opportunities. This would incorporate acquisitions, development, technology, asset sales, emissions credits & technology, fuel supply and power sales. Please update your 2001 budget to incorporate this new iniative. Regards

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OUT: meeting

IN: This is an email
Make sure all price and volatility curves have been final posted in Curve Manager. Contact Min Zheng (or whomever will be handling this for the estate) to run the script which writes the curves into the m:\power2\region Excel files (these are used by Structuring, EES and East Price if we were to run it again) Calculate "East Bankruptcy Calc xx/xx/xx vs yy/yy/yy" - Run it on 'Official Adhoc Full Book' and do not officialize upon completion - Use '/prod/egs-home/ermt/bin/pwrcalc_slr.new' as your executable - email Debbie Brackett, Stephanie McGinnis and John Powell daily with the post-id for the calc Calculate "Official East Non-Terminated Transactions xx/xx/xx vs yy/yy/yy" - Run it on 'Official Adhoc Full Book' and officialize upon completion - Use 'default' as your executable To run the rolls for Terminated and Non-Terminated books: - run DPR Automation (m:\common\power\estate\2002\0102\NEW) on both the East and EastBank portfolios separately - for the EAST-PERF book you'll need to also run DPR Automation on PCS/PID in the morning to pull in the liquidations. - link EAST-PERF, EAST-NPERF and EPMI-EAST-BANK into the Consolidated Report file - each day, copy the 'NEW' folder into the 'DATE SPECIFIC' folder and run the 'PRIOR-ESTATE' file located in the 'NEW' folder to run each roll's daily change macro

What is the subject?

OUT: Daily Risk Procedures

IN: This is an email
Drew, here's an excerpt from a FERC letter order accepting for filing a nonconforming agreement filed by Dynegy Midstream...sounds a little bit like what the TW guys are trying to do, if I understand the concept of volumetric rates correctly. Left a message for my friend at DMP but he (like everyone else) is out 'til next year. But since there were no subsequent orders issued in the docket I assume there were no problems with the filing. I'm still leaning towards recommending the $0 demand/ $0.02 commodity + file as nego. rate approach. If Steve Harris is OK with the idea of doing a deal that requires filing, I will draft something and send it your way. * * * The referenced negotiated transaction provides for a transportation service under DMP's Rate Schedule FTS. Rather than paying a reservation charge, the negotiated agreement specifies that KGS will pay a volumetric rate. The volumetric rate will equal DMP's maximum interruptible transportation service rate as set forth in DMP's tariff. . .The contract also (a) specifies five Dth/d as KGS' maximum daily reservation quantity, (b) lists KGS' primary receipt as Meter # 9999999 and (c) identifies five primary delivery points for KGS. . . Upon filing Docket No. RP99-240-000, DMP stated that it agreed to the above negotiated rate so that KGS could serve small residential customers on DMP's system under a firm rate schedule.

What is the subject?

OUT:
TW/Red Cedar deal