Spreadsheet: louise_kitchen__24103__Master Letter Log
Sheet: Letter Log

Credit Letter Log
as of 11/27/01
Counterparty | Enron Entity | Amount (if applicable) | CP Letters | ENE Letters | Contract Type(s) | Comments
NO ACTION REQUIRED
Apache Crude Oil Marketing |  |  | 10/31, 11/1 | 11/14, 11/1 |  | crude oil sales adequate assurances - cancelled deliveries effective mid-Nov
Aquila Risk Management Corporation |  |  | 11/27 |  |  | [NAME] is drawing on Chase L/C
Atlanta Gas Light Company |  |  | 10/26 |  |  | Moody's, S&P and [NAME] ratings are being watched by company
Amerada Hess Corporation |  |  | 11/7, 11/6 | 11/8, 11/7 |  | ENFOLIO Master Firm Purchase / Sale adequate assurances collateral
Amerada Hess Corporation |  |  | 11/8, 11/6 | 11/7 |  | credit assurances - ENE did not respond to the last letter
Balancing Pool |  |  | 11/21 | 11/22 |  | requested adequate assurances - responded
City of Redding |  |  | 11/26
Con Edison |  |  | 10/30, 11/2 |  |  | Enron posted $1,000,000 margin on 11/7/01
ConAgra Energy Services |  |  | 10/26, 10/30, 10/31 |  |  | adequate assurances later recinded; margin disputed $9MM vs $6MM
Conoco |  |  | 11/2 | 11/7 |  | adequate assurances - standard response
Devon Energy Production Company |  |  | 10/30 | 11/1 |  | adequate assurances - standard response
Enbridge / Consumers |  |  | 11/13 | 11/20 |  | adequate assurances - standard response
Entergy-Koch |  |  | 11/9 |  |  | requested margin of $4,784,671 due on 11/8
Equiva |  |  | 10/30 |  |  | requested L/C and subsequently prepaid crude shipments
Goldman Sachs |  |  | 11/9 |  |  | requested erroneously posted margin of ~$23MM and subsequently paid
HETCO |  |  | 11/1 | 11/13, 11/13 |  | unpaid margin subsequently resolved
J [NAME] |  |  | 11/8 |  |  | sent detail of settlements due; margin dispute
MidAmerican Energy |  |  | 11/9 | 11/14 |  | adequate assurances - responded
Mirant Americas Energy Marketing LP |  |  | 11/9, 11/2, 10/30 | 11/1 |  | "special credit protection" adequate assurances
Morgan Stanley Capital Group |  |  | 11/21 | 11/27 |  | adequate assurances - standard response
National Bank of Canada |  |  | 11/22 |  |  | counterparty recinded event of default
NiSource |  |  | 11/9 |  |  | confirmation letter - [NAME] says complete - awaiting copy
NGX Canada |  |  | 11/13, 11/7, 11/1 | 11/8, 11/2 |  | Enron agreed to settle its position on a two day rolling basis
North Coast Energy, Inc. |  |  | 11/8 | 11/15 |  | adequate assurances - standard response
Nova |  |  | 11/1, 11/6 | 11/6 |  | Enron has requested that Nova confirm the credit requirements are commercially fair and reasonable; paid ???
PJM |  |  | 11/5 | 11/7 |  | requested assurances - responded
Pogo Producing Company |  |  | 10/31 | 11/1 |  | requested assurances - responded; cancelled deliveries effective mid-Nov
Sequent Energy Management LP |  |  | 11/7, 10/30 | 11/7, 10/31 |  | adequate assurances - standard response
Superior Natural Gas Corporation |  |  | 11/9 | 11/9 |  | adequate assurances - standard response
St Mary Land & Exploration |  |  | 11/13 |  |  | sent default letter - payment made by check
[NAME] |  |  | 11/20 | 11/21 |  | requested assurances - responded
Total Fina Elf |  |  | 11/20 | 11/27 |  | adequate assurances - standard response
United States Department of the Interior |  |  | 11/21 | 11/27 |  | adequate assurances - standard response
Vitol SA, Inc. |  |  | 11/13, 11/8 | 11/13, 11/9 |  | requested assurances - responded
ACTION REQUIRED
American Electric Power |  |  | 11/27, 11/26, 10/29, 10/4 | 11/14, 11/26, 11/27 |  | notice of settlements default sent to AEP 11/26 & 11/27
AEP/HPL |  |  |  | 11/27 |  | notice of settlements default sent 11/27
Ashland Distribution Company |  |  |  | 11/27 |  | notice of settlements default sent 11/27
Ashland Specialty Chemicals Company |  |  |  | 11/27 |  | notice of settlements default sent 11/27
Belden & Blake Corporation |  |  | 11/26 |  |  | contend triggering event of default - deliveries to be cancelled eff 11/30
City of Redding |  |  | 11/26 |  |  | requested assurances
Continental Resources |  |  | 11/26 |  |  | requested adequate assurances and prepays
Coral Energy |  |  |  | 11/27 |  | notice of margin default sent 11/27
Duke Energy Merchants, LLC |  |  | 11/26 |  |  | adequate assurances - $16,000,000 Enron North America Corp.
Duke Energy Merchants, LLC |  |  | 11/26 |  |  | adequate assurances - $7,300,000 Enron Financial Energy Trading, LLC
Duke Energy Merchants, LLC |  |  | 11/26 |  |  | adequate assurances - $625,000 Enron Capital and Trade
Duke Energy Merchants, LLC |  |  | 11/26 |  |  | adequate assurances - $1,600,000 Enron Liquid Fuels, Inc.
Duke Energy Merchants, LLC |  |  | 11/26 |  |  | adequate assurances - $410,000 Enron Gas Liquids
Duke Energy Trading and Marketing, LLC |  |  |  | 11/27 |  | notice of settlements default sent 11/27
EdF Man |  |  | 11/5, 10/30 | 11/2 |  | Enron has not responded to EdF's last letter - exchange issue
Energex |  |  | 11/27 |  |  | request for adequate assurances - no Enron response yet (TR sent email to [NAME])
[NAME], Inc. |  |  |  | 11/27 |  | notice of settlements default sent 11/27
Exxon Mobil Gas Marketing |  |  | 11/20 |  |  | requested adequate assurances and threatens to stop deliveries 11/27
[NAME] |  |  | 11/2 | 11/2 |  | unpaid margin still unresolved
[NAME] |  |  | 11/19, 11/13, 11/9 | 11/20, 11/14, 11/12 |  | master credit agreement requested for NGL products (in process)
New Power |  |  | 11/28
Newark Group, Inc. |  |  | 11/21 |  |  | requested adequate assurances
[NAME] |  |  | 11/20 |  |  | EES margin of $3,588,346 due 11/29
NYISO |  |  | 11/19 |  |  | has requested replacement performance assurances for EPMI and EES
Omaha Public Power District - Paul |  |  | 11/14 |  |  | lump sum payout due 11/21
Ormet Primary Alumnium Corporation |  |  |  | 11/27 |  | notice of settlements default sent 11/27
PG&E |  |  | 11/21, 11/20, 11/19, 11/16, 11/13, 11/9, 11/8, 11/6, 10/17 | 11/15, 11/9
PG&E Northwest Pipeline |  |  |  |  |  | need to post LC for demand charges - [NAME]
Phillips 66 Company |  |  | 11/26 |  |  | requested adequate assurances and prepays
Progress Energy - Jeff Hodge |  |  | 11/16, 11/12 | 11/13 |  | requested adequate assurances and Netting Agreements
PSEG |  |  | 11/9, 11/8 |  |  | settlement payment defaulted - since cured???
Salt River Project |  |  | 11/16, 11/9, 11/7, 11/2 | 11/16, 11/12, 11/8, 11/6 |  | reiterated assurances
Sempra Energy Company |  |  | 11/27, 11/9, 11/8, 11/1, 10/29 | 10/30 |  | requested assurances and Supplemental Margin Agreement and December prepay
Southwestern  Electric Power |  |  |  | 11/27 |  | notice of settlements default sent 11/27
SPP - Debbie
Texex Energy Partners Ltd. |  |  |  | 11/27 |  | notice of settlements default sent 11/27
TransCanada |  |  | 11/1, 9/25 |  |  | requested $18,350 000 LC for transportation charges by 11/30
West Linn Paper Company Inc. |  |  |  | 11/27 |  | notice of settlements default sent 11/27
Wisconsin Gas Company |  |  |  | 11/27 |  | notice of settlements default sent 11/27