IN: I spoke to Greg Johnston, one of the Canadian lawyers who is currently seconded here, and have determined the following: Imperial Oil Resources is an Alberta limited partnership. All Canadian transactions are entered into with this counterparty. Imperial Oil Resources Limited is the General Partner of Imperial Oil Resources. We do not transact business with this entity.

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OUT: Imperial Oil Resources

IN: We have a game tonight at 6:45. Please try to be there by 6:30. Let me know whether or not you will be at the game. Eric

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OUT: Game Tonight

IN: Hey there Mr. Real Time. Looks like you did a deal with Pacificorp on 11/28 - EPMI STCA buys 8 MW @ $60 for hour 2. These eight silly little megawatts have unbalanced our book and driven the schedulers to near insanity. No, just kidding. But I think there should be a sale of 8 MW from Nevada to Mead on hour 2 somewhere in there. I don't know - I'm not the expert, which is why I'm asking you. Will you please let Lisa Gang or me know how to fix this. I'm more than happy to do it, just wanted to double check with the man who created the mess in the first place. (Kidding again.) Kate

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OUT: STCA Net Position Discrepancy 11/28

IN: Ken - As you know, we had several issues that needed to get tied down before the BoD reconvenes to review Project Southwood. Both Jeff McMahon (deal timing) and Rick Causey (goodwill) are ready. Andy Fastow expects to have a read from the agencies very soon (likely late today). As soon as I hear from Andy, I will begin polling and will set the date, hopefully, for early next week. At this time, I am not aware of any additional items that need to be addressed by the Board in the upcoming meeting. We need to confirm the 2002 BoD calendar but can do that in the regularly scheduled meeting in Dec. Thanks, Paula

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OUT:
Next BoD Meeting