IN: Joao - I'm making another business trip to Brazil - this time just to Sao Paolo. I'll be there Tuesday to Thursday of this week. Any chance you will be nearby? I tried to arrange a meeting in Rio too but unfortunately our office there is quite small and the only people I need to see will be in Sao Paolo then. I also still get to London every once in a while. Let me know when you are there - maybe we can have dinner. Mark

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OUT: Trip to Brazil

IN: the UIC-17 form I previously sent was the form and not the filled out version. Here is the real thing. > <<Injection Well Permit (Napoleonville No. 1).DOC>> - Injection Well Permit (Napoleonville No. 1).DOC

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OUT: Napleonville dewatering

IN: All, The rules of the game: 1) Object = Come closest to guessing ENE's closing stock price on 12/31/01. 2) In the event of a tie, tying players must guess the closing price for the next trading day. 3) No two (or more) players may select the same closing price. 4) Guesses should be submitted to me by email no later than 12:00 noon this Friday (10/26/01). 5) Late entries will not be accepted. 6) Players may only submit one price. 7) Cost = $5.00. 8) The closest guess (above or below) to the actual closing price wins. Feel free to forward this email to anyone I have not included on this distribution

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OUT: ENE Stock Price Game

IN: Guys, attached you will find a final cut on the ENA 2001 expense budget. Please review and make any adjustments to your existing plan that are appropriate to hit the net ENA target. In order to stay flat year on year, I split the remaining positive variance equally across the groups. As we had discussed earlier, these costs will not be allocated to the business units and will be tracked on the ENA income statement below the line and the accountability managed by each of you. All outside variable costs, specifically related to specific deals, will be charged to the business units eg) outside legal and tax, outside technical expertise, facility costs, outside research support, incremental back and mid office support for specific asset management deals, specific entertainment, etc. I look at this cost structure as the minimum capacity charge we need to operate our business and evaluate/manage our risks. Wes, can you please finalize the one page plan (expenses and headcount) for each group with these changes. Regards

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OUT:
2001 Group Expenses