Spreadsheet: scott_neal__38020__Hot List 0511
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 May 11, 2001
 |  | First Quarter 2001 |  |  | Second Quarter 2001 |  |  | Third Quarter 2001 |  |  | Fourth Quarter 2001 |  |  | First Quarter 2002 |  |  | 2001 Totals
East | Power | Deal | Value |  | Deal | Value | 13 | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | TexMex (ERCOT) | 3000 |  | BlueDog Turbines-Northwestern (Development) | 3500 |  | Project [NAME] (Northeast) | 9000
 |  |  |  |  | AES (Development) | 2500 |  | [NAME] (Development) | 3000 |  | Alamac (Southeast) | 0
 |  |  |  |  | BP Energy (ERCOT) | 2000 |  | Onondaga (Development) | 2000
 |  |  |  |  | Steam Turbine Sale (Development) | 250 |  | Calvert City (Development) | 1000
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
West | Power | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Roseville | 500 |  | PSCo. | 12000 |  | Las Vegas | 20000
 |  |  |  |  | Palo Alto | 250 |  | BPA | 2000 |  | Palo Alto | 2000
 |  |  |  |  | Geneva Steel | 1000 |  | UAMPS | 2000 |  | Lodi | 2000
 |  |  |  |  | DWR | 10000 |  | Blue Dog turbine sale | 3500 |  | Longview - Oregon | 15000
 |  |  |  |  | Structuring fees | -1000 |  | Pacificorp | 5000 |  | Bighorn | 1000
 |  |  |  |  |  |  |  | Saguaro | 5000
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  | -36000 |  |  | -36000 |  |  |  |  |  | 0
Natural | Gas | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Tuscon Electric (West) | 2000 |  |  |  |  | People's Energy (Central) | 5000
 |  |  |  |  | City of Long Beach (West) | 1000 |  |  |  |  | Michigan Gas Utilities (Central) | 5000
 |  |  |  |  | CIG (West) | 1000 |  |  |  |  | SEMCO (Central) | 2000
 |  |  |  |  | City of Redding (West) | 750 |  |  |  |  | PSEG (East) | 2000
 |  |  |  |  | Garden State Paper (East) | 100 |  |  |  |  | Southern Company (East) | TBD
 |  | Unrealized |  | Over/ |  |  |  |  |  |  |  |  |  |  |  | Over/ | Unrealized |  | Over/
 |  |  |  |  | Unrealized |  |  |  |  |  |  |  | Over/ | Unrealized
 |  | Budget |  | Under | Budget |  |  |  |  |  |  |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  | -20250 |  |  | -23250 |  |  |  |  |  | 0
 | Canada | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Project Buffalo (Finance) | 3500 |  | Centra Gas Manitoba (Gas) | 2000 |  | AMPS (Finance) | 5000
 |  |  |  |  | NUG Contract Mgmt. (Ontario) | 2500 |  | Suncor Alliance (Gas) | 500 |  | British Energy (Ontario) | 60000
 |  |  |  |  | CNR (Exec/Finance) | 1500 |  |  |  |  | ENERconnect (Ontario) | 8000
 |  |  |  |  | Suncor PGT (Gas) | 1000 |  |  |  |  | TCPL PPA (BE) (Ontario) | 2900
 |  |  |  |  | Project Mapleleaf (Ontario) | 1000 |  |  |  |  | Sunoco PPA (BE) (Ontario) | 2500
 |  |  |  |  | N1 Turbine Sale (Finance) | 1000 |  |  |  |  | Ivaco PPA (BE) (Ontario) | 500
 |  |  |  |  | Barrington/Burlington T/P swap (Gas) | 750
 |  |  |  |  | PML Services (Ontario) | 500
 |  |  |  |  | Gas Alberta (Gas) | 300 |  |  |  |  | .
 |  |  |  |  | Sunoco Transport (Gas) | 250
 |  |  |  |  | Casco MSA 3-yr (Gas) | 200
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
 | Upstream Executive | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  |  |  |  | JM Huber Corp | 5800
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
 | Compression Services | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Bay Gas (Bay Gas Storage Co.) | 2400 |  | Chile (ENAP) | 10000 |  | Equilon (Capline) | 500
 |  |  |  |  | [NAME] (Duke Energy [NAME]) | 1350 |  | Cross Timbers (Cross Timbers) | 500 |  | ET&S (East LA) | 1500
 |  |  |  |  | Oakhill (Oakhill Pipeline) | 1880 |  | Enron Clean Fuels (Enron Methanol) | 500 |  | Iroquois Gas Pipeline (Eastchester Phase II) | 2000
 |  |  |  |  | Seabreeze I (Duke Svcs/Formosa) | 1250 |  | HPL Texas City (AEP) | 1100 |  | Project Seabreeze Phase III | 3000
 |  |  |  |  | Seabreeze II (El Paso/[NAME]) | 1000 |  | Lewis Energy (Lewis Energy) | 500
 |  |  |  |  | Stagecoach (Tennessee Gas Pipeline) | 1300 |  | NICOR (Nicor) | 500
 |  |  |  |  |  |  |  | Seabreeze II B | 3000
 |  |  |  |  |  |  |  | Southern Trails (Questar Corp) | 1000
 |  | Unrealized |  | Over/ |  |  |  | Unocal (Unocal) | 1250
 |  |  |  |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 | Offshore | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Shallow Water (Van Kirk & Riles) | 500 |  | Medusa (Murphy Exploration) | 5000 |  | King Kong (Mariner) | 500
 |  |  |  |  |  |  |  | [NAME] (Anadarko Petroleum) | 5000 |  | [NAME] (Murphy/Dominion) | 5000
 |  |  |  |  |  |  |  | Llano (EEX) | 5000
 |  |  |  |  |  |  |  | [NAME] (Kerr McGee) | 5000
 |  |  |  |  |  |  |  | Bridge (Callon Petroleum) | 500
 |  | Unrealized |  | Over/
 |  |  |  |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 | Storage | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Golden Bear (Western Hub Ppts) | 1000 |  | The Big Easy (E Corp) | 500 |  | Red Bed (PNM Energy) | 500
 |  |  |  |  |  |  |  | Blowfish (Enron Storage) | 7500 |  | Puget Sound Energy | 1000
 |  |  |  |  |  |  |  | Big Red II (Halliburton) | 500 |  | Liberty (ETS) | 1000
 |  |  |  |  |  |  |  | Aspen (Western Hub Ppts) | 750 |  | KN Interstate | 1000
 |  |  |  |  |  |  |  |  |  |  | Big Red I (Halliburton) | 75
 |  |  |  |  |  |  |  |  |  |  | Big Bird I (Falcon Gas Storage) | 1500
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 | Producer Services | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Project Hoover (Applied Terravision) | 194 |  | Running Man (Marathon) | 1000 |  | Project Hoover (Applied Terravision) | 194
 |  |  |  |  | Peoples (Peoples Prod Co) | 50 |  | Project Hoover (Applied Terravision) | 194 |  | [NAME] (Pure Resources) | 250
 |  |  |  |  | Oilman (EOTT) | 500 |  | Mariner (Mariner) | 100 |  | Greenway (Occidental Petro) | 2000
 |  |  |  |  | Andex (Andex) | 50 |  | [NAME] (Ocean Energy) | 500 |  | Gather Co (Gather Co) | 100
 |  |  |  |  |  |  |  | CNR (Columbia Natural Resources) | 250
 |  |  |  |  |  |  |  | CGT (Columbia Gas Tr.) | 500
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 | [NAME] | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Apache (Apache) | 750 |  | CL&F I ([NAME]. Land & Fur) | 50
 |  |  |  |  | AR (Aspect Resources) | 50 |  | Cross Timbers (Cross Timbers) | 125
 |  |  |  |  | CL&F I ([NAME]. Land & Fur) | 10
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
HPL and | Bridgeline | Deal | Value | 4 | Deal | Value | 80 | Deal | Value | 11 | Deal | Value | 3 | Deal | Value | 3
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
 | Mexico | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | Project [NAME] | 3000 |  | Fapsa | 2000
 |  |  |  |  |  |  |  | Fersinsa | 2000
 |  |  |  |  |  |  |  | Vitro | 15000
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
 | Generation Investments | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | BNY | 10000 |  | TECO | 10000 |  | Cogentrix | 5000
 |  |  |  |  | Motown | 5000 |  | North American Geo Power | 5000 |  | Tenaska | 5000
 |  |  |  |  |  |  |  | Edison Mission Energy | 5000 |  | Indeck | 5000
 |  |  |  |  |  |  |  | ANP | 5000 |  | UAE | 5000
 |  |  |  |  |  |  |  | Dynegy | 5000 |  | AES | 5000
 |  |  |  |  |  |  |  | Delta Power | 7000 |  | [NAME] | 10000
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
Principal | Investing | Deal | Value |  | Deal | Value | 0 | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
Energy | Capital Services | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  |  |  |  | KCS VPP Syndication | 9000
 |  |  |  |  | Preston Exploration (Equity) | 0
 |  |  |  |  | Tarpon (Equity) | 0
 |  |  |  |  | Cypress | 0
 |  |  |  |  | Andex (VPP) | 2500
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 | Restructuring | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
Corporate | Development | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0
Office of | the Chairman | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value |  | Deal | Value
 |  | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/ | Unrealized |  | Over/
 |  | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget |  | Under | Budget | Value | Under
 |  | CHECK FIGURES