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Keith and I discussed working towards this meeting being organized every week. We would like the meeting to begin at 3:00 and to have all interested parties (Canada and Portland) dialed in to AT&T. I would like the meeting room cleared and the handouts to be emailed before the meeting begins. Please work towards emailing everyone an itinerary each week. You guys are making great progress with the fundies information. Nice work. Thanks,
Wed Gas Fundies Meeting
Please see the attached chart outlining our Confirmation process. This is the same process that Barry Tycholiz implemented for Origination. I think it is a great way to verify our booking process. Please use the trading books that Anne Bike passed out yesterday. Thanks,
Trading Confirmation Process
Good morning, everyone, the extra hour of sleep makes you feel good?! Just let you know that my new # is x56539, feel free to contact me if you still need help with any applications I developed for you. Have a good day. Yan
new #
Though many of you already know, today is my last day here at Enron. I am leaving to pursue my culinary interests full time and have accepted a baking/pastry apprenticeship with the Deer Valley Resort in Park City, Utah for the winter season. I am happy to have spent the past 3 years working with such a fun and intelligent group of people. I sincerely wish all of you the best in your future endeavors. Please don't hesitate to look me up if you are in the Park City area, vacation planning, or considering some radical career change like this...ha. It would be great to see old friends up there. Forwarding info is below:
Park City Bound
Jay, Changes have been made in the westsummary code, so that it can take parameters (report id) I have created two report id's 1- north (all the existing group), 2 - south (nothing now, you need add) You can run as before: O:\Fundy_Ops\IT\Report\West Summary\EXE\JayWS.exe 1. One thing to notice is that if you want to split the existing report to two, besides change the report id on the group table, ,make sure you do the it right on the FORMULA table, I mean, don't reference points on the other report. Let me know if you have questions. Yan x33228
west summary
Please begin your focus on increasing EOL liquidity as soon as possible. This is not a long term project. Lavo will be seeking immediate results. Thanks,
EOL Liquidity
Only EOL market makers are allowed to use free loading brokers. Please do not use brokers for markets outside of your market making responsibility. I am going to have the back office decline to book all broker deals done by traders outside of their responsibility. Thanks,
Brokers
I would like to set up a brief meeting in the afternoon this week or next, to discuss increasing the liquidity in west basis on EOL. It would be helpful for our desk to sit down with John Arnold and John Lavorato to openly discuss the importance of continuing to increase liquidity on EOL. I would also like to put to rest the notion that increasing liquidity leads to negative P&L and that a Trader's support of EOL liquidity will go unrecognized at year end PRC. Please email me with a response of when we could set up such a meeting. Sincerely,
Increasing EOL liquidity in West Basis
We will meet for thirty minutes before our 3:30 fundies meeting. 1. EOL market making - Lavo has asked us to increase basis liquidity. Janie has mentioned general theme of market, "why trade on EOL 5000/d and risk moving the market". We are becoming market framers. I think Frank Ermis is a pioneer. 2. Deal confirmations - Anne Bike misbooked a deal for me from March, cost $3.5 million. How do we deal with this issue of confirmations missing deals. 3. Vacation and work hours - Discuss vacation schedules for the rest of the year. We need to do a good job of coordinating when we are out. Mike
Meeting today at 3:00
I was reading an interview with O'reilly and a widow from cantor. A reporter said that The CEO took over the company when Mr. Cantor was on his deathbed! The CEO was barred from attending the funeral. This guy sounds like such a jerk. This widow has an infant and 4 yr. old-girls. She has a big mortage and lives paycheck to paycheck. She hasn't received any money from anywhere but family and friends. The red cross called her the day of the interview about paying for funeral expenses. How many stories are there like this?
cantor
FYI Lisa Finley just called me to let me know that Devon Operators need to take Beaver Creek down tomorrow for 8 hours. They apologize for the short notice, but said if they don't fix the cooler now it will bring the whole system down soon. We will be short by about 6,500 on the 005 contract for Gas Day 4 and I guess we'll have to work at paying it back. That's all I have to say .....about that. Theresa
Devon - Gas Day 4
Darla, Attached is the final reconciliation for Citizens. This reconciliation is to repay Citizens for volumes we already recouped from LGS Natural Gas Company. We have included in this calculation the premium, transport costs, fuel and the capacity release credit of $.06 which amounts $241,204.73 due Citizens. Citizens would like to receive payment as soon as possible. In future invoices, we will also see an adjustment for LGS (now Woodward Marketing) volumes to prevent these overpayments from happening. Please let me know when Citizens can expect payment and call me if you have any questions. Thanks,
Citizens Reconciliation
Hey Cooper, I would like to get your opinion and approval on a couple of things: 1) We'd like to get a development IIS server running, and so would also like to move your development from NETCo's only production IIS server, to this new server. I believe Greg is setting this up shortly. 2) Since the PowerFS1 server is now the production web server for all of NETCo, we'd like to move the IIS administration duties to the IT team, which would most likely mean to me. (I'm assuming you have these duties right now? If not, maybe you could point me in the right direction) 3) Also because of that, we need to move at least one web application on to PowerFS1. (Presenter is the one NETCo web app moving over that is in Production. Origman will be there shortly as well.) Since Pavel used MSXML3 with SP1 and would need it on the box, I was wondering what version are you running? (He tells me that multiple versions can be run at the same time, as they are separately named libraries and files). Thanks for your time.
NACAL-PowerFS1
Pending final Legal approval, the migration of user accounts for the UBS Warburg Energy users will commence at 7:00 PM. In order to ensure the migration is successful, it is essential that all users logout of the network no later than 7:00 PM. More details about the migration plan, C:, H: and I: drive information will be emailed to all UBSWE users. Included in this should be information on Email retention and migration. If you have any questions, please call IT Support @ 6901 Thank you, and please remember to logout.
Please Log Out Tonight
Cooper, I hope your move on the weekend went well. How are you liking the new digs? I read the "Powers report" on Enron on the weekend... basically just checking for my name.... didn't find it. One of the highlights was the fact that, in one of the many deals with the partnerships, Enron actually bought put options on Enron stock. I hope things go well at UBS. My number is 213-6004. I'll probably give you a shout re: poker sometime in Feb (not sure when, though) Bill
How are the new digs?
Good Morning, We wanted to send out some clarification, minor changes, and to thank you again for your participation in the UBS Warburg Energy Pilot Migration, your feedback will greatly assist us in making the transition to the new environment as effective as possible. Unfortunately we are still awaiting information from our Corporate Legal staff regarding legally acceptable and appropriate procedures for moving data between the Estate (i.e. current Enron) data shares and UBS Warburg Energy data shares. For this reason you are not authorized to copy any data from your Estate data shares (your Z:\ drive) following your migration until the formal communication from Legal has been communicated and a procedure for this has been provided. Until the formal procedure has been received from Legal and distributed to users, the O:\Estate\O drive, O:\Estate\M drive, P:\Estate\P drive (Portland users) and P:\Estate\I drive (Calgary users) data will not be available to migrated users. We do expect this policy to be in place some time day or this weekend, which will alleviate these restrictions. Please be aware that we may be advised to delete any data present on your new H:\ drives after the formal notification from Legal has been distributed. We greatly apologize for the lack of forewarning regarding this information and apologize for any inconvenience caused. Please contact 3-1411 if any of this information is unclear. Thank you for your continued participation in the Migration effort.
UPDATE: UBSWE Pilot Members
Welcome to the UBS Warburg Energy (UBSWE) Data Migration Pilot! We appreciate your acceptance of our request to be a member of the pilot and want to make you aware of some initial changes that will be in effect when you log into the new environment. You will need to log off of your computer, and back in, to receive the changes that have been made. When you logon to your computer, you will use your Enron NT account and password, you will immediately be prompted to change your password (following Enron "password rules") Once you've changed your password and logged off again you will see the UBSWE splash screen which contains the legal disclaimer for using an UBSWE system (this is similar to the Enron splash screen). What won't "change"? Your desktop will look very much the same as it always has Your email will not be affected What will "change"? Your drive mappings to your home and common drives will have changed when you're in the new environment. This will be done automatically, but you should be aware of the following: When you're in the new environment your H:\ drive will contain some UBSWE data, but will not contain your personal data .... (don't worry!) you will find the contents of your Estate H:\ drive in your UBSWE Z:\ drive. When you are in the new environment your O:\drive will contain some UBSWE data AND it will contain a directory named M:\Estate and O:\estate which contains links back to all of your M:\and O:\ drive data through the M:\ and O:\ Drive folders When you are in the new environment your P:\ drive (new local common directory) will contain some USBWE data AND it will contain a directory named P:\Estate which contains a link back to all of your legacy local common (i:\ drive for Calgary users) data through the designated folders. When you are in the new environment you WILL have access to the applications that you use but these are UBSWE, but you WILL NOT have access back to the Estate applications. If you need access to the Estate applications, please contact your local IT support. They will have an "est_" account, with your legacy access rights. Please keep in mind that your "est_" account will only be valid until UBSWE Day 1, and you will have to request an extension of these rights should you need them beyond that date. If you have any questions, please contact your local IT support team. If you have specific questions regarding the pilot, please contact me at the numbers listed below. Again, we appreciate your assistance in making the UBSWE transition a success! Regards,
ATTENTION & ACTION: UBS Warburg Energy Pilot Member
Everyone, We are in the process of creating new contracts with UBS for all Market Data real-time applications, subscriptions and publications. Attached is a comprehensive list of all contracts that will be renegotiated under the UBS name for use by the Gas and Power trading entities. In order to leverage UBS' significant discounts and avoid duplicate efforts, Danielle Marcinkowski with Market Data will be the initial point of contact when inquiring about the addition or status of applications or publications. I bring this to your attention because we understand that several groups have initiated discussions with the various vendors over the past few days. If you have any questions please feel free to contact me at 713-853-9358 or Danielle at 713-853-7926. If you think something is missing from the list, please bring it to our attention immediately. Please pass this word around within your group as appropriate. Regards,
Market Data Contracts
C- so i'm thinkin' this is not a good time to be sporting my enron lands end sweatshirt. i read that enron sold their energy trading division. i was assuming this was your territory. what are your plans my friend? i am on call tonight. delivered 4 babies earlier today- it is such an amazing experience. i got 4 more cookin' right now. if them bitches keep complaining of pain, i'm gonna give 'em somethin' to cry about. shit. love, trey
hello
Yes, we made it to Bolivia --finally! All's well, although we're a little sleepy. Cameron basically slept on the flight from Miami to La Paz. Hope everyone is doing fine. We're in a 4-star hotel with 2 bedrooms and 2 full baths and a stocked kitchen. I'm emailing you from the embassy. We are "in processing" today. La Paz is beautiful. We're still on our Diamox and doing fine. We miss and love you all! We have access to a computer at our hotel (Casa Grande) so I hope to be able to email you regularly. We're going househunting soon! !
We're here--
Cooper: Multi-player dopewars is up at 172.17.172.131. All execuatbles and docs are in p:\fundamentals\dopewars. This one doesn't require any coordinated startup -- join or leave at any time.
Another Game Server
Cooper: My efforts to install the precompiled version of Freeciv on sunone are stalled, but the Windows-only version seems to work well too. The Sun probably is more capable of standalone, unattended operation, but I don't want to build the whole package from source. Yet. All versions of network Civilization are at www.freeciv.org. Download the precompiled binaries, unpack to the directory of your choice, and launch the executables. If you want to play by yourself, you have to launch the server and then the client. To play with others, you can run the server on any machine, with all others requiring only the client. There are also the metaservers, although server loads vary widely by time of day and week. I've been running the server on my notebook at 172.17.172.131, but I'm not sure how to set the server to automatically admit new players while a game's in progress. I know that it can be done, because the metaservers are usually configured that way. Let me know when you've got things installed.
Freeciv
Cooper, So tell me how was you squash game? Good I hope I have been so busy lately but I did get a game in yesterday but late and I had to go to the police gym with a friend cause I could not get a time at the Y but tonight I am playing there and have a court already so that really works for me. Well I hope you are well and still able to meet up sometime. Take care,
Your day
Just wanted to check in. I just talked with Tim, and he seemed to be holding up ok, in spite of it all. I hope that you guys are able to salvage something out of all this. Keep me posted. Not sure what's next for you, but I'd be happy to talk with you about career options whenever is convenient. I'll be in NY next week and the week after, and would be happy to catch up then. My mom's phone number is 631 549 9254. Talk to you soon! Jon
how's it going?
We are pleased to announce The MI Group (MI) as our new vendor to provide international relocation services. All international moves are to be handled by MI. At the time of your repatriation/relocation, MI will provide assistance based upon the terms of your assignment.
Important Communication-Relocation Services
Dear Enron Assignee, As Enron Global Employee Services has previously indicated, arrangements have been made with PricewaterhouseCoopers to continue expat/inpat tax services for the 2000 and 2001 tax years. As contact information may be changing over the next few months, please be sure to provide the updated information to PwC. We will be distributing 2001 tax data organizers via email and will require an active email address. Please send you updated contact information to enron.houston.ias@us.pwcglobal.com Kind Regards,
URGENT - Update Contact Details with PwC
Dear Enron Assignee, As Enron Global Employee Services has previously indicated, arrangements have been made with PricewaterhouseCoopers to continue expat/inpat tax services for the 2000 and 2001 tax years. As contact information may be changing over the next few months, please be sure to provide the updated information to PwC. We will be distributing 2001 tax data organizers via email and will require an active email address. Note - This applies only to assignees who receive tax preparation assistance as part of the expat/inpat contract. If you have questions on authorization status, please contact your HR rep. Please send you updated contact information to enron.houston.ias@us.pwcglobal.com Kind Regards,
URGENT - Update contact details with PWC
Attention: Portland & Calgary-based Outlook Users The Global Messaging Team is proud to announce that Portland & Calgary-based Enron employees that have been migrated to Outlook will now be able to securely access their Enron Email from anywhere on the web. This means that if you can get on to the Internet, you can access your Enron Email with Outlook Web Access (OWA) without having to dial in to Enron's network. Please note that this is not available to those users still on Lotus Notes but will be available once they are migrated to Outlook. Once on the Internet, type mail.enron.com in your browser address window and supply your Enron network logon credentials as username and password. For example: Username: jdoe4 Password: ******** Once you log in, Outlook Web Access opens your Enron Email mailbox. Outlook Web Access (OWA) allows you to send and receive mail, perform calendar tasks and manage your mail and contacts, as well as access your mailbox folders. At this time, Public Folders are not accessible via OWA. Please keep in mind that Outlook Web Access is a browser-based version of what you might use in the office, so the functionality may be slightly different and some features of Outlook 2000 may not be available at all. Additionally, OWA is only supported using Internet Explorer 5.x only and not supported with Netscape. Outlook Web Access is the standard Email package for connecting to your Enron mail from home, whether you are using an Enron-issued home PC, an Internet connection with your personal home PC, or your ClickAtHome PC. We will not support the use of the full Outlook installation for home use. Outlook Web Access for some remote locations and European/APAC Enron sites is currently being addressed and will be available soon. At this time, OWA is only available if your mailbox resides on a Houston, Portland or Calgary mail server. If you have any questions, please contact your local IT support.
Outlook Web Access for Calgary
Dear Mr. Richey, Thank you for choosing E*Trade Canada. We have received your application to open an account with us, however we require the following in order to process your account: 1. W-9 Form Without the above form, we cannot process your account. This form can be downloaded from our website.
Missing Information
Monday February 4, 9:07 am Eastern Time Press Release SOURCE: Maritimes & Northeast Pipeline, L.L.C. Maritimes Files Application for Phase IV Expansion Of Natural Gas Pipeline System BOSTON, Feb. 4 /PRNewswire-FirstCall/ -- Maritimes & Northeast Pipeline, L.L.C. has submitted an application to the Federal Energy Regulatory Commission to further expand its natural gas pipeline system. The $250 million expansion project, designated Phase IV, will allow Maritimes to nearly double its capacity to transport natural gas from offshore Nova Scotia to markets in the northeastern United States from approximately 415,000 dekatherms to 800,000 dekatherms per day.
Maritimes Files Application for Phase IV
Andy, I have completed negotiation with TBG on the Settlement. TBG has exe= cuted the documents and Louise and John have approved the deal. In short, = I want to make sure that you understand the effect on you. Attached is a m= ore detailed summary but generally I removed all swing flexibility from the= deal. They have baseload obligations of 12,500 MMBtu per day. We can del= iver at any of the delivery points identified in the Agreement ( I will giv= e you a copy of the Agreements) however the primary delivery point is Stati= on 65. That is the location for all price settlements. If we delivery at = an alternate location we receive additional basis differentials for moving = downstream ( Station 85 ) and we pay the basis differential for moving ups= tream ( Sta 45, 30 ). TBG has the right to move our deliveries back to Sta = 65 at anytime, if we are delivering at alternate locations. I want to check= with you one more time before I execute the final documents. I think that= this is a great trade for ENA if I do say so myself. My next effort is to= clear up any issues with Trigen. Frank
TBG
Hi, Andy! Are you still around there? I had reports that you were MIA. How's the UBS thing going? I heard some folks have already quit and some were laid off. Are you OK??? Susan
Hello!!
Hi Andy, How are things? I am still in Houston looking for a new home. I hope that all is well with you. Hopefully some certainty will happen with Newco in the near future. I wanted some help from you in finding a job. I know that you are very well respected in the industry so if any opportunity that may fit me comes your way could you please let me know. Thank you for everything. It was a pleasure working with you at Enron. I have attached a copy of my resume to this email. Thanks again and hope to hear from you soon,
Hi
Hey Andy, How are you? I saw Stephanie a couple of weeks ago in Napa and asked about you. Then, I meant to send you a note before now, but better late than never. I've been thinking of all of you this week, and hoping that everything is going ok. I remember what it is like to have your company the focus of lots of analyst and media attention, and I hope it turns out fine you all there. I don't have any news to tell. I am doing good, enjoying a beautiful fall here, but not looking forward to winter. I may be coming down to the Nutcracker Market in a couple weeks. Any chance that you will be there? Susan PG&E National Energy Group and any other company referenced herein that uses the PG&E name or logo are not the same company as Pacific Gas and Electric Company, the regulated California utility. Neither PG&E National Energy Group nor these other referenced companies are regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products from these companies in order to continue to receive quality regulated services from the utility.
Hey you...
The law firm I was telling you about at lunch is Fleming & Associates. The lawyer is Sean Jez, and his phone number is 713-621-7944. E-mail is sean_jez@fleming-law.com, and they have a web site at www.fleming-law.com.
Law Firm
Dear Andy, Have been reading about the troubles at Enron, hope this hasn't affected your job. Are you and Dick going to Omaha for Christmas? Lisa, Billy and Madison will be here on the 23rd and stay for about a week. Steve, Lenora and the boys can't come until the week after Christmas. It's a very busy time of year for Steve, at work. Lori, Jeff and their families will be here as usual. Did you have a good Thanksgiving? We had a nice quiet day, just Lori, Jeff and their families. Lisa and Billy stayed in Austin this year as it has been a very busy football season for them. Jeff and Marsha are back together and seem to be getting along very well. They got a new puppy last week. It's an 11 week old female, yellow Labrador. They named her Gypsy. She is really cute but is going to get pretty big. Oh well, not my problem. Hope this finds you and Dick doing well. Love, Aunt Mary Lou
Note
Hi Andrea, Sorry it took so long to get this to you. Things are a little hectic as we pick up other peoples tasks. I have been doing east desk fundamentals for about 6 months now, so if you have anymore data or analysis questions please ask, and I might be able to help out. If you need anything more for the presentation such as other pipe flows, pricing data, etc. just call Adam 3-5227
HH Flows
Hi! Do you still have all the notes I gave you on how we should break this out? This is the deal from hell! Thanks.
Louis Dreyfus for 12/00 and 01/01 Production Month (Sitara Deal 454380 & 454386)
Has unify been changed? I thought you told me a couple of weeks ago that everything had been changed. Please let me know - thanks!
12/00 Purchase from Louis Dreyfus (Sitara Deal #453380 & 454386)
Richard: I understand from Elliot that we want to keep the spreadsheet of EES positions separate from our Fundies site. I started a file at O:\Portland\WestDesk\RenewablePowerDesk\Shared\Internal intelligence\EES Position based on the info. you provided to Jesse in an e-mail dated 10/8. The spreadsheet is attached. *Will this spreadsheet meet our needs? *Is the location suitable?
Spreadsheet of EES positions
Kinko's wants their pricing refreshed for their Reliant and TXU sites only. I need to know the fixed $MWh price if we assume a 50% renewable product in TXU and a 100% renewable product in Reliant's service area. I am trying to fill out the attached template that Larry sent to me with my gen only price refreshed, some Price to beat estimates I ran for him and your new renewable power quotes. Thanks
Refresh pricing
market_relations@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: Dear Market Participants ******************Reminder Notice*********************************** Note: The following change was originally scheduled for October 17, 2001. On October 31, 2001, the NYISO web servers will be upgraded. This will require both software and hardware changes. While these changes will be transparent to the users, these changes will require that the MIS system be unavailable for approximately 60 minutes. The outage will begin at approximately 11:35 AM. Market Participants planning on submitting HAM transactions or modifying Day Ahead bids should act accordingly. The NYISO will minimize the duration of the outage as much as possible as we recognize the inconvenience caused by system outages. Ultimately, these changes will result in a more stable environment and provide enhanced services that the current web servers are unable to perform.
NYISO - MIS Outage - October 31, 2001 - Reminder Notice
Dear NYISO Market Participants: Please review the attached message regarding FERC approval of the NYISO Virtual Bidding Proposal. For addtional information, please contact your NYISO Customer Relations Representative or Customer Relations HelpDesk. (See attached file: FERC APPROVES VIRTUAL BIDDING.doc) Regards,
FERC Approval of the NYISO Virtual Bidding Proposal
Either today or Monday, I expect the NYISO to announce that it will be offering its 3-day Market Orientation Course in Houston December 11-13 at the Hyatt Regency. Enrollment will be limited to 150 people on an as-registered basis, so early registration is encouraged. The on-line registration process will be included in their announcement, which will be broadcast to the ISO's TIE list as well as put on their web site www.NYISO.com. Because Enron has previously sent people through this training course, the costs for Enron employees attending this training session will be $800.00 per person, rather than the normal $1,200.00 charge. Please feel free to contact me if you have any questions.
NYISO Training
Roman, I talked to Richard and he would be very interested in talking with Dale Osburn. Can you send him the number? Hope all is well.... Bill
Wind Farm
market_relations@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: Dear Market Participants, The NYISO has determined that implementation of Virtual Trading will be delayed until Wednesday, November 7, 2001. Issues associated with new computer hardware have necessitated extending the testing period to ensure that all systems are ready before starting the program. Virtual Trading will be in place for the Wednesday, November 7 Day-Ahead Market (DAM). The new schedule will permit bids for virtual load and virtual supply to be submitted for Wednesday's market after the DAM posts on Monday, November 5, until 5:00 a.m. on Tuesday, November 6.
NYISO - Delay of Virtual Trading
All, In the future, please refrain from parking in the area on the west side of the building when working at or visiting the Austin Facility. This area is reserved for General Motors. It is easily identified. The lot has blue striping and is marked "GM Parking Only". In most cases, there is ample parking in the front, rear and on the east side of the building. In the rare instance that parking is unavailable, please check in at the security desk and you will be directed to an overflow parking area. Thank you for your cooperation.
ERCOT-Austin Parking
Upon becoming a NEPOOL member, EESI chose to satisfy the Financial Assurance Policy requirement by issuance of Performance Bond(s) via Fireman's Fund Insurance Company, which issued a Performance Bond in the amount of $8,000,000. On or about October 12, 2001, EESI received a letter from ISO New England dated October 10, 2001, indicating that EESI's current Performance Bond was insufficient and that EESI needed to increase the amount to $11,703,018.75 to cover EESI's current activity level. In telephone conversations with ISO-NE, EESI was informed that in order to avoid Financial Assurance Default the matter needed to be resolved within ten (10) days of the date of the October 10, 2001 letter (October 19, 2001). By October 16, EESI had requested a bond increase in the EESI NEPOOL Performance Bond to $20,000,000, but encountered delays in working with the bond company. EESI Credit Department personnel sent ISO-NE personnel on October 19, 2001, via FAX, a copy of the request to the bond company for revisions to the Performance Bond, and indicated EESI was working diligently to resolve the matter. Following resolution of delays with the bond company, a bond increase was issued by the bond company on October 23, 2001, executed by EESI on October 23, 2001 and forwarded via FAX and Overnight Mail to ISO-NE on October 23, 2001. EESI was unable to comply with the October 19, 2001 deadline to resolve the Financial Assurance Default due to delays with the bond company as mentioned above.
Summary version
Peggy Mahoney asked me to forward this to you. FYI - Here is a link to the Boston Globe article I have discussed with most of you. After numerous conversations and plenty of information proving otherwise, the reporter unfortunately decided to do this article based upon recent happenings. It is clearly a cheap shot. On a happier note, here is a good article about our relationship with Quaker Oats in the Chicago Sun-Times. Thanks,
Boston Globe Article
When: Thursday, October 25, 2001 4:15 PM-4:45 PM (GMT-06:00) Central Time (US & Canada). Where: eb689b *~*~*~*~*~*~*~*~*~* Jennifer-initiate call to Richard Ring at ext. 4:15PM x33561
Updated: Richard Ring/Jennifer Medcalf re: A'lones Teaming Agreement
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Major Breakthrough For Fat Removal! 7944
RBowers@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: The NYISO anticipates that the billing for October 28th should run later today. Staff are in the process of verifying interval data for the hours affected by the DST to EST time shifts. Regards,
October 28th billing
all - attached are the draft comments. pls get me comments by noon. frank, got your vm. yes, we are submitting it as supplement to our oral comments tomorrow. richard, can you please attach the CEC website. I'm have awful difficulties with my dial up. thanks,
ma rps
This warning is sent automatically to inform you that your mailbox is approaching the maximum size limit. Your mailbox size is currently 91182 KB. Mailbox size limits: When your mailbox reaches 75000 KB you will receive this message.To check the size of your mailbox: Right-click the mailbox (Outlook Today), Select Properties and click the Folder Size button. This method can be used on individual folders as well. To make more space available, delete any items that are no longer needed such as Sent Items and Journal entries. You must empty the Deleted Items folder after deleting items or the space will not be freed. To turn Journaling off, click Tools | Options | Journaling Options and de-select all items. See client Help for more information.
WARNING: Your mailbox is approaching the size limit
The EES domain controller which facilitates the EES VPN solution will be relocated from 3 Allen Center to the Enron Building on Thursday, October 25, 2001 from 4:00 pm - 5:00 pm CST. EES employees who have not migrated to the Corp Domain will not be able to use their VPN solution during this time period. If you need additional information, please contact the EES Resolution Center at x39797
EES VPN outage - Thursday, 10-25 4:00pm - 5:00 pm
When: Thursday, October 25, 2001 4:15 PM-4:45 PM (GMT-06:00) Central Time (US & Canada). Where: telephone appointment-Jennifer will initiate call *~*~*~*~*~*~*~*~*~* Jennifer-initiate call to Richard Ring at ext. 4:15PM x33561
Richard Ring/Jennifer Medcalf re: A'lones Teaming Agreement
The EES Business Center will be having an Open House on Thursday, October 25 from 11:00 a.m. to 12:30 p.m. Please drop by EB 1090 to learn how the Business Center can be your link to customer solutions! While visiting, enter our drawing for a chance to win one of our many door prizes.....enjoy some cake and punch too!! For more information, feel free to contact us at 800-337-7827 or x59390.
YOU'RE INVITED!!! EES Business Center Open House
Re: Organizational Changes Over the last several quarters, EES has successfully implemented a number o= f new business models, organizational structures and processes. The result= has been tremendous customer contracting in the U.S., Canada and Western E= urope in 2001. In all cases, EES's large consumer market share has expande= d and we have rapidly increased our market penetration in the small consume= r market - Enron Direct. This effort, in itself is impressive, especially = given that at the same time, EES has had to significantly restructure and r= e-tool its execution capabilities, systems and mid and back offices. I can= assure you that these processes, systems and capabilities are improving. = This is only the result of a lot of hard work from back to front across EES= , EES risk and Enron Networks. In that light, I am pleased to announce a number of organizational changes = which demonstrate our continued commitment to the European market and the c= reation of a new exciting channel in the Enron Direct USA business. A)=09EES Europe: Effective immediately, Sean Holmes will be moving to London to manage EES E= urope. We believe that Sean has the broad based experience in the EES busi= ness model, products, retail energy risk management and demand side managem= ent to take the European business to next level. Charlie Crossley-Cooke wil= l manage our small consumer (Enron Direct) franchise. This franchise has c= ontinued to grow, in the UK and on the continent, and has provided signific= ant income to EES in 2001. Enron Direct will also continue to provide mid a= nd back office services to EES Europe. Paul Turner will manage our large co= nsumer business in Western Europe. Paul will be replacing Stuart Rexrode w= ho will be returning to EES in Houston. Over the last few quarters, our pe= netration of this market, primarily in the UK, has grown dramatically with = completed contracts with Sainsbury, Guiness, Kraft and Pirelli. Many of th= ese transactions include gas, power and demand side management. We would l= ike to thank Stuart for all his hard work toward the continued growth of th= e European franchise. We are also pleased to announce the formation of the European Product Group= led by Roy Poyntz. This group will lead the development of new products a= nd services for both the large and small consumer markets. As in North Ame= rica, its main role will be to ensure viable and innovative products are co= ntinually available in the pipeline to ensure the continued growth of the E= uropean business. The Product Group will also ensure product diversity betw= een gas, power and energy efficiency products. We continue to be committed= to the development of the demand side management aspects of our business t= o differentiate us from our competitors. On a final note, the EES Europe co= mmodity structuring and DSM groups will now report to Sean in addition to C= harlie, Paul and Roy.=20 As part of this change, Deb Merrill will be assuming the lead role in Deal = Management in EES USA replacing Sean. Deb has been an integral part of EES= from many years and we believe she has all the experience and skill sets t= o effectively manage and build on this integral function in EES USA. B)=09Enron Direct USA - Dealer Network Effective immediately, Stuart Rexrode will manage this new sales channel in= side Enron Direct USA. Stuart will be building this new more sophisticated= agent selling channel by creating franchise like relationships with numero= us "dealers" across the US. This dealer network will consist of small know= ledgeable entrepreneurs and consultants that have been in the energy market= s for many years and have great regional expertise and customer relationshi= ps. EES will provide a franchise like program where we provide resources an= d products to this agent base in exchange for exclusive provision of sales = services and customer aggregation. We hope that this network can provide t= he customer acquisition velocity and low cost acquisition model benefits of= the mass market agents but provide a more sophisticated agent in front of = larger clients in order to sell higher value products that include gas, pow= er and DSM. Phyllis Anzalone and her team are already working on the devel= opment of this dealer network and will become part of this group reporting = to Stuart. Phyllis and her team deserve a lot of credit for the identifica= tion and build out to date of this newest business model in EES. In conclusion, everyday we are getting better and more effective. We shoul= d be very pleased with the financial and operating performance of EES for 2= 001. We have an EBIT target of $75 million for Q4 which is only $4 million= higher than Q3, We will finish the year at approximately $247 million. Th= is is approximately 10% over 2001 plan and 120% growth in recurring earning= s year on year. The business model is working and we are one step closer t= o the goal of becoming the leading global energy retailer. The All-Employe= e meeting will be on November 1 where we look forward to discussing with yo= u our operational and financial results for 2001 and our plan, strategies a= nd objectives for 2002.
Organizational Changes
Today FERC issued the following draft orders: NYISO TEP and Bid Cap (ER01-3001): Commission granted NYISO's request to extend the currently effective $1000/MWh Bid Caps on certain NYISO adminstered markets, and to extend its Temporary Extraordinary Procedures for Correcting Market Design Flaws and Addressing Transitional Abnormalities, until the Northeastern RTO is operational. The Commission ordered NYISO to narrow the scope of the TEP, and to file tariff sheets doing so within 30 days. NYISO proposed virtual bidding procedures (ER01-3009; ER01-3153): Tariff changes to implement virtual bidding were approved. The changes would allow market participants to bid non-physical generation and load into the day-ahead market and settle the bids in the real-time market. Also accepted were NYISOs Market Mitigation Measures to address gaming or market power strategies that might emerge as a result of the virtual bidding. NYISO - Cost responsibility for new interconnections. (ER01-2967): Tariff changes allocating cost responsibility for interconnection facilities. The provisions allocate to developers 100% of the cost of facilities necessary to physically interconnect the project. Additionally, developers are allocated the coswts for transmission system upgrades that would not have been made "but for" the interconnection, minus the cost of any facilities that the NYISO's regional plan dictates would have been necessary anyway for load growth and reliability purposes. ISO-NE - Interim Bid Caps (ER01-3086): Commission approved extension of bid caps until the Northeastern RTO is operational. Calpine v. ISO-NE (EL01-124): Commission granted complaint by Calpine and Mirant, finding that ISO-NE has amended Market Rule 5 to exclude external contracts from setting the energy clearing price, in violation of a Commission order. If you need further information, please let me know. Susan Lindberg x30596
Orders issued today in NYISO and ISO-NE proceedings
Here's an update to yesterday's meeting on this subject. Product Development (Jim Wood, JD Burrows, JeVaughn Sterling, Gillian Johnson and myself) had a brief discussion with Jim Brown (Transaction Accounting) to review the applicability of MTM accounting for the Maryland index product. With relatively minor contract changes (to ensure the product is an "Index Plus" structure) the conclusion of the discussion was that the product should qualify for MTM. Market costs will not necessarily match revenues (for the reasons we discussed yesterday) which should make the product eligible for MTM. The desk would have an index position. The desk can then choose to manage the position or not. Nina and I certainly want to make sure you agree with this reasoning. Here's a 1st draft of a TC with marked revisions. The "Management Fee" is eliminated and replaced with EESI Energy Index Price plus $__/kWh in this draft.
Maryland "Index Plus" Product
Generator Operators, If you received this email then you should have been given access to the new generators directory. At your earliest convienence please verify that you have the correct Read/Write access to the directory listed below by creating and deleting a file inside of it. At the present time we are still working with people in the IRM (Information Risk Management) group who have made this request a very high priority; as soon as this verification process is complete we can release them from this task and begin working on transitioning all of the generators' code to function in their new home....(the sooner the better). Please respond to this email, or contact me by phone the moment you have verified your access. If you receive an 'Access Denied' error message then verify that you are mapped to the R: drive using your Corp account and try again before responding to this email. A link to a test file in the new directory is below, you may save time by selecting the link to access the folder. \\eeshou-fs2\retail$\RISK_MGT\CurvesPM\WholesaleEnergy\Generators\AccessTest.txt James Sweet x51701 pge8774734541 (jes)
New Home for Curve Generators
Nancy, I've discovered a basis book with the attribute problem we corrected for the Physical book below. INTRA-EMWNSS1-BAS was set up to replace IM-EMWNSS1-BAS for credit purposes. However, the correct region code is still being applied to the old book. Here's what I need to happen. BOOK ID CURRENT REGION CODE CORRECT REGION CODE INTRA-EMWNSS1-BAS MIDWEST MDWEST IM-EMWNSS1-BAS MDWEST MDWEST_OLD (This region code really doesn't matter as long as it does not duplicate a currently used region code.) Let me know if you have any questions. Thanks for your help,
Region Codes
Burton, The book INTRA-ONT-CAD-GDL is in the AGG-GASlI portfolio, not in the AGG-GAS III and IV portfolios. Please add this book to both the AGG-GASIII and AGG-GASIV portfolios. Thanks,
Portfolio Update
The FT-NEAST-WH books were set up in the Agg-Gas II portfolio, but never added to the AGG-GAS III or AGG-GAS IV portfolios. Please add these books under the J_Mrha porfolio in AGG-GAS III and AGG-GAS IV. Thanks,
FT-NEAST-WH Books
I heard from the admin in Chicago. She said Laura (the VP) is going to call the HR people and then call me sometime later today. Maybe we'll actually make some progress today. I'll let you know if I hear something. Now get back to work! !
PS
Hey, It doesn't look like I'm going to make your soccer game tonight. In fact, I won't make the GMAT class either. Rock officially resigned yesterday, which means there's no way they'll let him back in the building. So I'm now running the bench again. At least until I can get Binh comfortable running it. Maybe that offer in Chicago wasn't so bad after all. Enough whining for now. Talk to ya later, Robin
Guess What
Wei, I am showing a position for the book id listed below when I query RMS Open Positions, but I don't see the positions when I query Benchmark Agg_View. Can you refresh the table to see if this position will pull into the Benchmark Agg_View table? I am including the book id, post id, and position from yesterday. Let me know if you need any more information. BOOK ID POST ID POSITION INTRA-ONT-CAD-GDL 1062779 -477.7 contracts
Missing Book
Hey, I checked out the Houston Chronicle website and there were two Preludes that would be comparable to mine. One was advertised for $21,995(which is the blue book) and the other was advertised for $18,900ish. Of course both were being sold by dealers, so I probably couldn't get quite that much. But I can probably get enough to make it worthwhile to go ahead and sell my car. I just wonder how long it would take before it actually sold. That's what I've accomplished since lunch. Talk to ya later, Robin
Car
Ramesh/Wei, I just wanted to know what your estimated time was for implementing the code to apply basis roll off to the benchmark quantity as well as to the open position quantity. The timing is not critical for our purposes. I just want to make sure it will be available before March bidweek. If you need any information please let me know as soon as possible since Thursday will be my last day in this group. If you need anything after Thursday please contact Binh Pham. I have enjoyed working with you both. Thank you for all your help. Robin
Basis Rolloff
Here's all my trip information. Do I need to highlight how long the flight is so you'll know when to come pick me up?? How's your day going? Mine's really quiet. In fact everything went so smoothly this morning that it made me nervous.
itinerary
Lynn, I spoke with Laura Luce on Friday, and she asked me to coordinate with you to arrange a visit to the Chicago office. We tentatively discussed scheduling my visit for Friday January 26 to Monday Jan 29. Please let me know if these dates are still convenient and who I need to contact to make all the necessary arrangements. Thank you for your help,
Office Visit
Harry, A little birdie told me today was your birthday!! Unfortunately the little birdie gave me the wrong email address the first time or you would have had this email earlier. Anyway, I wanted to wish you a very Happy Birthday. Hope you have a great day and we'll see you guys this weekend. Robin
Happy Birthday
Harry, A little birdie told me today was your birthday. Happy Birthday!!! Hope you have a great day and we'll see you guys this weekend. Robin
Happy Birthday
Brian, Frank forwarded you messaged about the error you were getting when trying to load adhoc var. I can't help you with that issue, but you also mentioned you were having problems loading your spreadsheets. I might be able to help you with that one. Just give me a call. Robin
Error Message
Beginning this week an Origination report will be given to Fred Lagrasta each morning. The information for this report is taken from the Origination schedule tab of your P&L file. It is imparative that all the information is filled out for each origination granted. The item most commonly overlooked is deal volume. There is also additional information that is now required for all Middle Market Nymex Originations. Please add the following columns to your Origination Schedule: Buy/Sell Term of the Deal Price Pub Code If you have any questions or you are no longer responsible for updating the origination schedule, please call me. Thank you for your help.
Origination
Hey, What's going on? I've had a fabulous day...at least it hasn't been boring. Anything interesting in your world? It's the first night and I already want to skip my GMAT class. I may come visit you before I go to my class. I don't want to hang around down here until 6. That is if you aren't too busy today. Talk to ya later, Robin
What'cha doin'
Virendra, Several books were set up in Risktrac will incorrect names. Is it possible to simply change the names of the books already set up or do we need to have new books set up? Thanks,
Book Name Changes
I'm gonna have to kill Rock. He managed to screw up 3 days worth of Basis Reports on Friday!! How I have no idea. I had already rolled everything. All he had to do was query and calc it. Go figure. Robin
PS
Any last words for your car before I leave for my nap?? Don't worry I'm a "safe driver." I'll sleep a little extra for you. How's everything going this morning?
CAR
Hey Becky, I haven't heard from you in a while. I know, I know, you haven't heard from me either. I wanted to check in and see how you're doing. I talked to Shannon and she filled me in on how Megan's doing. I want you to know my family and I are praying for you guys. I know everyone says this but if there is anything I can do I'd love to help out. I'm going Christmas shopping this weekend if you need me to pick up anything for you. I've got to finish all my shopping and buy something for my mom from my dad. He had a hip replacement in October and is still hobbling around. He's actually doing really well considering he had major surgery. I think he expected to be running marathons by now. I'd love to tell you at lot of interesting things going on in my life right now, but unfortunately my life can be summed up in one word right now...WORK. I think my other group members are trying to kill me this month. We have a group of three people and at least two have to be here each day. Well, I have to work a double shift to cover for someone all but one week this month. So that's pretty much all I have time to do now. In fact I'm headed home pretty soon to take a nap before my next shift this afternoon. That is the one bonus of this split shift day. Let me know how you're doing when you get a chance. Robin
What's Up
Here is the Reserve schedule. There were no reserves for the Financial, Central, East, or Texas desks. If you have any questions give me a call. Robin
Reserve
Dawn, I can't believe it...I just saw Phillip Allen laugh!!! Like laugh out loud! Shocking isn't it? I don't know what caused this phenomenon but I thought you'd like to know about it. Later, Robin
Unbelievable
Gossett officially asked me for my accomplishments today. I have to have them done by tomorrow night. So I guess that's what I'll be doing the rest of the day(not that I've had that many accomplishments just that it'll take me that long to think of something.) I knew I might as well add that last crack b/c if I didn't you would have! Robin
PS
Debbie, Thank you for returning my call. I went to the eRequest to submit a request for Risktrac but the only option was to get access to the application. I already have the application I merely need access to the VAR module. Therefore, I did not submit an eRequest. Please let me know what I need to submit to ensure I get the proper access. Thank you,
RiskTrac Access
Brooklyn, What's going on? How was your holiday? I thought about you this weekend. We had fried turkey. It was sooo yummy. I was going to bring you some, but there weren't even crums left. Well, I just wanted to brag. So I'll leave you alone. By the way, how was your trip to Kinder? Did you have trouble finding the hotel or resturant? Later, Robin
What's Up
Debbie, I would like to have access to the VAR reports in RisktRac. I am responsible for preparing the Gas Benchmark and the VAR report that is given to ENA management each morning. Therefore I already have access to the VAR information. Please let me know what I need to do to be granted this access. Thank you,
RisktRac Access
Kathy/Brian, As I'm sure you know we are trying to determine what is causing the Canadian VAR to be so high. One possible cause that we would like your help investigating is the Curve Codes that are being loaded in the position files that are manually loaded into the system each night. It is my understanding that positions will be correct even if the curves loaded are spelled incorrectly. However, incorrect curve names will result in the positions not being captured in the VAR calculation. Please verify that all the curves are spelled correctly in all position files. Please give me a call if you have any questions. Thanks,
Canada VAR
Vern, I spoke with Annemieke and she said that you would be the person to contact about adding a report to the executive viewer. We need to add a gas report. The title of the Report will be Natural Gas Basis by Trader. I am attaching a copy of the report that will be published. Please let me know if you need any additional information. Thank you for your help,
New Executive Viewer Report
Here is what we reported for consolidated Canada as of Nov. 17. Listed amounts are in thousands. Jun July Aug Sept Oct Nov YTD 274 -4,672 5,115 990 -2,517 -6,708 27,552
Consolidated Canadian P&L by Month
Jon, Attached you will find a copy of the basis positions as reported to John Lavorato for November 17. The positions listed represent the entire Canadian office position at each point. The attached includes only those points that John Lavorato has requested be reported by trader, not every point at which you have positions.
Basis Positions
Kathy/Brian, Here is the new text file format. This will enable you to send only one text file each night. If you have any questions give me a call. Thanks,
New Text File Format
Lynn, Do you know anything about the Congress Plaza Hotel? I was searching for somewhere to stay and it looks pretty convenient to the office. Thanks,
Hotel
Hey Becky, What's going on? Things are completely crazy as usual around here. I need another vacation! I never told you about my trip did I? I've told everyone else that stood still for more than 10 seconds. It was so much fun. The olympics were so awesome. I got to see the US women's basketball team play Australia for the gold medal. The crowd was soooo wild...that is until we won. And I got to see Cathy Freeman and Marion Jones run. The whole first week of my trip was spent at the olympics everyday. And the second week I spent touring all the beaches that I could find. Oh, here's a funny story for you. Okay I'm halfway across the world in a country known for bronze, muscular sufers, right? So I take a day cruise around the Brisbane waters one day. These cruises are scheduled everyday and each ship holds about 80-100 people. As we board the captain tells us that there will be 85 people on the cruise. Here's the fun part....80 of the 85 people were from a WWII veterans reunion!!! I was on a boat full of grandpa's. Actually it was pretty funny. This one old man sat next to me and started telling me why they were having the reunion and what thier batallion had done during the war. Then he tells me (keep in mind this man's at least 70) that he was a lifesaver (lifeguard) on one of the local beaches until the year before when an injury forced him to retire!!! Then he starts telling me about the war. He said, "Yeah, I was a POW for about 9 days but they weren't feeding me very well so I left." He had escaped from a Nazi POW camp and fled to Greece where he joined the Greek reserve forces. Because he fought with Greece in the war he's now a Greek citizen. Then after the war he and some friends bought a van and traveled all over Europe and Asia. When they ran out of money they'd just stop and get jobs until they could save some money and then they'd start again. I hope one day I have stories even half that interesting!! But leave it to me to go halfway around the world and hang out with old people!! How's everything going at your house? What's up with this election? That's all anyone's talking about around here. Talk to ya later, Robin
Becky
Jeff and Laura, I've attached the Gas Bench Porfolio that we discussed. If you need any more information just let me know. Thanks for being patient.
Gas Portfolio
Annemieke, I have assumed the responsibility for publishing the Gas Reports. Please update the Executive Viewer Report Publisher accordingly. My extension is 5-7478. If you have any question, please give me a call. Thank you,
Executive Viewer Report Publisher
I thought you'd appreciate this email from my brother. It's the best family email I've gotten lately. I'm such a great sister...I bought the present, wrapped the present (or at least watched while the clerk wrapped it), and delivered it to my mom for her birthday, and I was nice enough to put my brother's name on the gift. RR
Mom's b-day
Robert, Here are the machines I've logged on. 1. The computer to the left of my desk, 3275d. 2. Both of my machines. 3. Both of Rock's machines, 3275f. 4. Gabriel's computer, 3275g. Thanks,
Profile Problems
Kathy, Here is the detail and position for IM Canada yesterday. It seems that the price txt file didn't get run last night (our fault). I'll make sure that gets done tonight. Let me know if you need anything else.
0822 IM Positions
Brad, Here is the book that was set up for John Arnold's crude position. The attached spreadsheet should contain all the information you need, but should you require additional information please do not hesitate to call. Thanks,
New Crude Book
You guys should submit an eRequest to get access to all the Gas Reports on the Executive Viewer. Here's a list of the reports you'll want. Origination Schedule Natural Gas Prices Natural Gas Basis Positions Natural Gas Profit & Loss by Book Natural Gas Net Fixed Price Positions by Book Natural Gas Basis by Trader Also, Brad you need to request access to the O:/Bench directory so that you'll be able to save a copy of the NGPL in this directory each night. Bilal, you'll need access to the O:/Gas_Trad and O:/Bench directories. Robin
Access