Subject: "Panamanian counsel".

Body: Frank and Francisco: Haven't seen you two in awhile! ENA is considering a financial deal with an offshore entity located in Panama. We have no research for this jurisdiction. I will need to hire local counsel and send a deriviatives questionnaire for response. Have you used Panamanian counsel before? Please send info. Sara

Subject: "Ponderosa Prepay for 2/1-4/02".

Body: We are selling to Ponderosa on a pre-pay basis only approved by Credit. Here is the latest on the prepay: 2/1 25,000 MMBtu @ $2.55 2/2 15,000 MMBtu @ $2.48 2/3 15,000 MMBtu @ $2.48 2/4 15,000 MMBtu @ $2.48 Total due $111,600 Amt already PP 63,750 Amount due $ 47,850 Ponderosa stated that they will wire ASAP Let me know if I can do anything to help. Thanks

Subject: "Counterparty set up for Sitara".

Body: The counterparties that CPR uses in correlation to the SITARA portfolios set up, should not be set up as books, they should be set up like the example below. All the PB counterparties need to be set up like the example below. The PB should not be set up as books. Any questions or comments, please call me. Russ

Subject: "Cash Forecast".

Body:
I copied you on what I sent to Corp, but the attached file has more detail you might be interested in. Let me know if you would like to sit down this morning and go over it. Kerry