Spreadsheet: jonathan_mckay__17209__Hot List 0803
Sheet: Hotlist - Identified 

E N R O N   N O R T H  A M E R I C A - H O T  L I S T |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | DEALS IDENTIFIED
 |  |  |  |  |  |  |  |  |  |  |  |  | Results based on Activity through August 3, 2001
 |  | First Quarter 2001 |  |  | Second Quarter 2001 |  |  | Third Quarter 2001 |  |  | Fourth Quarter 2001 |  |  | First Quarter 2002 |  |  | Second Quarter 2002 |  |  | 2001 Totals
East | Power | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | AES | 2000 |  | Project [NAME] (Northeast) | 9000
 |  |  |  |  |  |  |  | Calvert City (Development) | 1000 |  | TexMex (ERCOT) | 3000
 |  |  |  |  |  |  |  | Turbine Sale (Development) | 750 |  | NRG | 2000
 |  |  |  |  |  |  |  | LCRA | 0 |  | Alamac (Southeast) | 0
 |  |  |  |  |  |  |  |  |  |  | [NAME] (Development) | 3000
 |  |  |  |  |  |  |  |  |  |  | Onondaga (Development) | 2000
 |  |  |  |  |  |  |  |  |  |  | OPPD | 1750
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  | 0
West | Power | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | PSCo | 4700 |  | Longview - Oregon | 15000
 |  |  |  |  |  |  |  | D5A turbine sale | 750 |  | Palo Alto | 2000
 |  |  |  |  |  |  |  |  |  |  | Lodi | 2000
 |  |  |  |  |  |  |  |  |  |  | Bighorn | 1000
 |  |  |  |  |  |  |  |  |  |  | Saguaro | 2000
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 7000 |  |  | 0 |  |  | 0
Natural | Gas | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | CMS - Medicine Bow (West) | 1000 |  | Michigan Gas Utilities (Central) | 5000
 |  |  |  |  |  |  |  | City of Redding (West) | 750 |  | People's Energy (Central) | 2000
 |  |  |  |  |  |  |  | Kern River Transport (West) | 500 |  | SEMCO (Central) | 2000
 |  |  |  |  |  |  |  | Mexicana de Cobra (West) | 500 |  | PSEG (East) | 2000
 |  |  |  |  |  |  |  | Garden State Paper (East) | 100 |  | Philadelphia Gas Works (East) | 1000
 |  |  |  |  |  |  |  |  |  |  | Southern Company (East) | TBD
 |  | Unrealized |  | Over/
 |  |  |  |  | Unrealized |  |  | Unrealized |  |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  |  | Budget |  |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 23750 |  |  | 0 |  |  | 0
 | Canada | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | Project Moore (Finance) | 2000 |  | British Energy (Ontario) | 33000
 |  |  |  |  |  |  |  | Project Periscope (Gas) | 2000 |  | STS Resolution (West Power) | 20000
 |  |  |  |  |  |  |  | CNR (Exec/Finance) | 1500 |  | ENERconnect (Ontario) | 5000
 |  |  |  |  |  |  |  | NUG Contract [NAME] (Ontario) | 750 |  | Loblaws PPA (Ontario) | 4300
 |  |  |  |  |  |  |  | Suncor PGT (Gas) | 700 |  | Magna PPA (Ontario) | 3000
 |  |  |  |  |  |  |  | Chevron (West Power) | 700 |  | Cadillac Fairview PPA (Ontario) | 3000
 |  |  |  |  |  |  |  | Suncor Alliance (Gas) | 500 |  | TCPL PPA(Ontario) | 2500
 |  |  |  |  |  |  |  | Apache PGT (Gas) | 500 |  | Highvale (West Power) | 2300
 |  |  |  |  |  |  |  | Casco MSA 3-yr (Gas) | 200 |  | Sunoco PPA (Ontario) | 2200
 |  |  |  |  |  |  |  | Samson (West Power) | 150 |  | Bowater PPA (Ontario) | 1700
 |  |  |  |  |  |  |  |  |  |  | Enmax (West Power) | 1700
 |  |  |  |  |  |  |  |  |  |  | Domtar PPA (Ontario) | 1500
 |  |  |  |  |  |  |  |  |  |  | Royal Plastics PPA (Ontario) | 1300
 |  |  |  |  |  |  |  |  |  |  | Centra Gas Manitoba (Gas) | 1000
 |  |  |  |  |  |  |  |  |  |  | Atlantic Packaging PPA (Ontario) | 860
 |  |  |  |  |  |  |  |  |  |  | Ivaco PPA (Ontario) | 800
 |  |  |  |  |  |  |  |  |  |  | NUG Service Fees (Ontario) | 730
 |  |  |  |  |  |  |  |  |  |  | Ivaco Dispatch Services (Ontario) | 700
 |  |  |  |  |  |  |  |  |  |  | Casco (Ontario) | 700
 |  |  |  |  |  |  |  |  |  |  | Premstar PPA (Ontario) | 650
 |  |  |  |  |  |  |  |  |  |  | BUDD PPA (Ontario) | 490
 |  |  |  |  |  |  |  |  |  |  | Sunoco Services (Ontario) | 300
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 40625 |  |  | 0 |  |  | 0
 | Upstream Products | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | Blowfish | 1500 |  | Project Seabreeze Phase III | 3000
 |  |  |  |  |  |  |  | Seabreeze II (El Paso/[NAME]) | 1000 |  | NICOR (Nicor) | 2500
 |  |  |  |  |  |  |  | Crestone ( N orthern [NAME]) | 1000 |  | Kinder Morgan CO2 | 1500
 |  |  |  |  |  |  |  | Anadarko (Carthage) | 500 |  | Eastchester Phase II (Iroquois Gas Pipeline) | 1000
 |  |  |  |  |  |  |  | Big Red II (Halliburton) | 500 |  | Stagecoach (Tennessee Gas Pipeline) | 1000
 |  |  |  |  |  |  |  | Project Hoover (Applied Terravision) | 194 |  | JM Huber ( JM Huber) | 500
 |  |  |  |  |  |  |  | Big Red I (Halliburton) | 75 |  | [NAME] (Ocean Energy) | 500
 |  |  |  |  |  |  |  | [NAME] (Preston Energy) | 40 |  | Project Hoover (Applied Terravision) | 194
 |  |  |  |  |  |  |  | Andex ( Andex) | 20 |  | Mariner (Mariner) | 100
 |  |  |  |  |  |  |  |  |  |  | VR84(CL&F) | 10
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 11190 |  |  | 10690 |  |  | 10690
HPL and | Bridgeline | Deal | Value | 4 | Deal | Value | 0 | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  |  |  | 0
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 1223 |  |  | 0 |  |  | 0
 | Mexico | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | Vitro | 14000 |  | Project [NAME] | 3000
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 15000 |  |  | 0 |  |  | 0
Principal | Investing | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 0
Energy | Capital Services | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | EEX VPP | 5000
 |  |  |  |  |  |  |  | Andex | 1300
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 0
Asset | Marketing | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 0 |  |  | 0 |  |  | 0
Office of | the Chairman | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 0 |  |  | 0 |  |  | 0
Other | (LT Fundamentals) | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  | 0
 |  | CHECK FIGURES