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I'll catch up on what I missed later.
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Kay
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Glad you wrote, since I need to send you this option agreement for your review: I will chase down the fax and give it a look.
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Thanks, Kay
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Hi there.
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I have a personal errand to run (nothing bad) Thursday am, so I won't be in until around lunchtime.
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Can't WAIT to hear about your trip.
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I hope it was marvelous.
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We're looking at a private school for Michael (St.Francis).
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I think it is time for a change.
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Kay
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I need to talk to the commercial guy on the deal.
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Got a name for me?
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Thanks, Kay
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Since the time frame is short, I wanted to give you an outline to mark Here's how I understand the deal: People's has the Manlove gas storage facility.
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We have presented to People's a nonphysical method to monetize it, similar to what was done with Bammel.
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Since this is a regulated asset, regulatory approval will be required, and the consumers will receive part of the benefit of the monetization.
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The essence of our deal is that Enron will receive 50% of the net earnings, up to $25mm, as our fee.
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In consideration for this fee, Enron takes the financial, legal, accounting and engineering lead.
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Peoples and Enron will work together on the regulatory strategy formulation and implementation.
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We want to present a draft MOU to Peoples this week.
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The basic goals are: Define scope of the agreement Define our lead role in the 4 stated areas Create exclusivity for Enron Define financial arrangements (cost/profit) Get an acknowledgement that what was presented to them was proprietary, and covered by our confidentiality agreement.
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Define term (5 years) Each party bears their own internal costs, and third party costs are split 50/50, with prior approval.
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In that regard an immediate concern is getting the engineering work kicked off.
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We want the agreement broad enough to cover physical withdrawals.
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We do not want it specific to this field, since we want the benefit of the use of our methodology.
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Please correct/supplement, etc. Thanks, Kay
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I lost the email with the information regarding where to send donations in Gabrielle's honor.
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Can you resend it to me?
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Thanks.
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No problem.
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Can't wait to see what you get.
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I may have to order some more, plus Silly Bob, and the large Klixx, and...
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oh my gosh, I may be a
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I'm at home this am (kid stuff) but will be in around lunch and all afternoon.
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I'll find you.
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Kay
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I wanted to make sure that everyone is happy with the name Edgecombe Development CO, LLC as the project company name.
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We are going to amend our petition for the CPCN, and I want to get the name right.
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I am also a notary.
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FYI
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Hi Kay, I'm looking for CA's with Peoples.
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I have one dated December 23, 1998.
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Do you have anything else, especially one more current?
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Thanks, Kay
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Hi Cheryl, I've been asked to see what I can find out about the status of the generator for the Westinghouse 501D.
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I've heard stories ranging from it was on the Titantic, to it was in a rain storm.
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Can you shed any light on its status?
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Thanks, Kay
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Is everyone available on Friday to discuss where we are and where we are headed with the CPCN process?
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We need to discuss whether the petition can/should be amended to allow for a broader certificate.
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Thanks, Kay
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I never got the email.
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Please send it again.
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Here's a first draft.
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It isn't quite done, but I wanted to let you have a look at it ASAP.
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Kay
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For comment, etc. Thanks, Kay
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I am absolutely delighted.
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Kay
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Laura, Here's a draft for your review.
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If you find it acceptable, it should be ready to go to Peoples as a draft.
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Please let me know if you have any comments.
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Kay
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Hi Rusty, Just checking to make sure you got this email.
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Kay
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This needs to be added to the Vepco contact list which Gloria started.
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Thanks, Kay
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Here it is.
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FYI
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It is OURS, all OURS.
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So what's the whopping balance now?
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Kay
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Please cancel the 930/Wednesday conference call, as we are changing the time.
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Please confirm with Sheila what time we will have the call this week.
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Thanks, Kay
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Gregg Penman was ready, but I couldn't get David Tucker at Bracewell.
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Did he forget?
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Thanks, Kay
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We had a wonderful, quiet weekend.
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The wine was very good.
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I drank it without food, as it was nice and light, which is how I like my reds.
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It would have been good with a tomato based pasta, I think.
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How do I find out how much vacation I have?
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I know there's a system on the intranet.
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I want to plan some time off this year, if possible.
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I know how difficult it can get the longer I wait.
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Thursday I won't be in until around noon.
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More Michael stuff.
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Kay
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I just spoke to Sheila and she told me 130 Central, on Wednesdays.
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That's it for now.
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Kay
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For your reading pleasure, I'm sending a copy of the infamous 97-10.
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Kay
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Hi Nancy, I need to bring you up-to-speed on where we are, and share some comments from Virginia Power.
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Please let me know a good time to visit.
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Thanks, Kay
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For future reference, Brian Barto does not participate in these calls.
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No need to retract the invite at this point.
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