Recently, I asked you to "Lay It On the Line" and tell me what you believe are the most critical issues that we need to address.  Many of you responded, and I want to share the survey results with you.  Additionally, I want to share with you the things we are currently doing or plan to do to move Enron forward.
First, let's take a look at the survey results.
In just three days, more than 4,000 employees completed the survey.  I sincerely appreciate your participation.
I.  We asked you to identify the top five issues facing Enron today.  The responses were:
1.	Stock price
2.	The PRC
3.	Employee/internal morale
4.	External reputation and image
5.	"Walking the talk" of integrity and respect
_________________________________________________________________________________________
II.  We asked you general questions about working at Enron, comparing 2001 to 2000.
% of employees responding
strongly agree/agree:
I am committed to staying at Enron.	64.1%
Enron is a company I would invest my money in.	60.1%
I am treated with respect.	60.0%
I would recommend Enron as a place to work for friends and family.	59.1%
I have talents and skills that Enron is not fully utilizing.	54.7%
Enron truly encourages people to take risks.	47.5%
My immediate supervisor has a clear view of where Enron is going and how to get there.	46.6%
Executive management has a clear view of where Enron is going and how to get there.	41.6%
_________________________________________________________________________________________
III.  We asked you to what extent you would associate the following attributes to Enron, comparing 2001 to 2000.
More	Same	Less	N/A
Concerned for communities	34.5%	44.9%	10.3%	10.3%
Innovative	30.8%	35.7%	24.6%	8.9%
Entrepreneurial	28.5%	37.8%	23.7%	10.0%
Ethical	17.0%	45.1%	28.1%	9.8%
Trustworthy	14.9%	39.0%	36.9%	9.2%
Arrogant	39.1%	32.4%	13.3%	15.2%
Self-serving	41.9%	38.6%	7.5%	12.0%
_________________________________________________________________________________________
IV.  Finally, we asked you to identify the top three things you like about working at Enron.
1.	People (the high quality of people at Enron was the most widely-cited aspect):
---	talented
---	creative
---     learn from one another
2.	Culture and reputation:
---	innovative spirit
---   willingness to be aggressive and take risks
---   ability to embrace change
---   involvement in community
3.	Work environment:
---	pay and benefits
---   true meritocracy
---   unlimited opportunities
_________________________________________________________________________________________
The results of our survey confirmed for the Management Committee and me the great things you feel about Enron and also what you see as the issues we must address to move Enron forward.  The following are some of the things we're doing now or going to do in the next few days and weeks to address the top five issues you identified.  Keep in mind this is only the beginning of an ongoing effort to address your concerns and engage your feedback.
Now, here's what we're going to do based on your feedback.
STOCK PRICE
We are all concerned about our stock price, which has declined significantly this year.  The primary reasons for the sharp decline from our highs earlier this year include:
---	A decline in the overall market and economy;
---   Certain Enron-specific issues, such as California, India and recent management turnover;
---   A "meltdown" in the broadband sector, which may have been as much as $30-$40 of our stock price at the high;
---   Lower energy commodity prices and volatility relative to last winter's high; and
---   Concerns over the pace of energy deregulation.
These concerns mask the strong underlying recurring earnings growth in our transportation and distribution, wholesale and retail businesses.  Very few companies have demonstrated the earnings growth, and future earnings growth, as has Enron.  We fundamentally believe that if we focus on continued earnings growth and reestablishing the confidence of our financial investors, our stock price will reflect the value these businesses deserve.
---	Over the past month, we have met with all of our major institutional shareholders and all of our analysts, reviewing the strong prospects in each of our businesses.
---	We have also committed to provide more segmented information about our business units and how we operate so that analysts have a better understanding of our businesses and how we make money.
We also want to make sure that employees know what we are doing going forward:
---	Mark Koenig, executive vice president of Investor Relations, will host Brown Bag sessions with groups of employees to discuss stock price issues and answer questions.  He will also continue to host eSpeak sessions to answer employee questions.
--- Greg Whalley, Mark Frevert and I will also hold discussions with various groups of employees, which will be taped and made available to employees worldwide.  Watch for these events.
THE PRC
The relative discussion of talent is absolutely critical to maintain our business and our meritocracy.  Understanding which employees have demonstrated the greatest contribution and behaviors, which individuals should be given greater responsibility and leadership, and identifying our top and bottom talent are essential to achieve our business objectives.  Nevertheless, we recognize that certain aspects of the PRC may have caused some of you concern, and we believe we can improve, refine, streamline and better clarify the process objectives for everyone.
Therefore, we will make the following changes to the PRC process prior to year-end:
---	Effective immediately, relative performance discussions will occur annually at year-end.  However, business units will have the flexibility to determine if they need to have those discussions more frequently.
---    The current preferred distribution will no longer be required across Enron.  Business units will be asked to identify only their top 10% and bottom 10% performers for review by Enron's Office of the Chairman annually at year-end.
---   We will continue to use the PEP 360 degree feedback system as input into performance feedback once a year for all employees.  We will also reinforce to all supervisory employees the absolute necessity of continual communication and feedback to their direct reports throughout the year.
---   Finally, we have formed an employee task force that will give us feedback on future changes.
In the November issue of Enron Business, we will feature the first in a series of articles discussing our performance evaluation process.  In addition, there will be other communication and training that will occur prior to year-end.
EMPLOYEE MORALE
We believe the stock price, our external reputation and the performance review process have all affected morale.  Additionally, some employees have indicated they do not feel that they have a place to go to voice their ideas and concerns.  Effective immediately, we will provide an additional resource for employees who do not currently feel comfortable going to either their supervisor or their Human Resources (HR) rep.
---	We are establishing a new business function we are calling Employee Relations (ER) that will report directly to the Office of the Chairman.  Cindy Olson will head this function.  More details of how this group and HR will operate will be communicated in the next few days.
Over the long term, we want our managers to address employee issues and concerns and therefore are providing the following leadership training for those with supervisory roles.
---	We will encourage vice presidents and above, as well as other current and emerging leaders, to complete Executive Impact & Influence training.  These sessions are designed to improve leadership skills such as coaching and effective communication that have a direct impact on performance and managing people.
---	Additionally, we will encourage every employee with supervisory responsibilities to complete online communications training via Communicate!, which will be rolled out immediately.  Communicate! is an interactive training course that uses Enron scenarios and a combination of video, voice mails, e-mails and meetings notes, to analyze user performance based on a participant's responses and actions.
EXTERNAL REPUTATION
We all recognize that our external reputation has suffered this year.  The single most important factor that influences our reputation is our actions - how we act and how we communicate those actions as a company and as individual employees.  We recognize that as Enron's ambassador's in the marketplace, the more you know about our strategy, performance and challenges, the more you can help disseminate accurate information about our company.  To ensure you are better informed:
---	We will do a better job providing you with timely information about issues affecting Enron.  In addition to our existing communication efforts, like e-mail messages and internal publications eBiz and Enron Business, we will post a Q&A on current issues on the Enron intranet at home.enron.com
.  This will give us a consistent message across the organization and will equip you with information when talking to your customers.
--- As we said before, Greg, Mark and I, as well as members of our Management Committee, will meet with groups of employees across Enron to hear your thoughts and share with you our business direction and challenges.  Look for these to start in mid-October.
INTEGRITY & RESPECT
I believe, as I said previously, we need to reinforce our core values, particularly integrity and respect.  From what you have told us in this survey, you agree.
---	Enron's values will have more importance in each employee's evaluation and feedback.  We ask that all employees, regardless of level, hold themselves accountable for the way they interact with people on a daily basis.  We are all responsible for how we treat our coworkers and customers.
---	We will also conduct employee focus groups on a frequent basis to gather additional, specific feedback on employee issues like ethics, integrity and individual concerns.  If you would like to participate in these focus groups, please send an e-mail to Cindy Olson.
---   Periodically, I will host a special feature column in Enron Business to keep you informed of the action steps we are taking and their results.
Finally, I give you my commitment that we will do a better job giving you more information regarding Enron's strategy and challenges, and listening to your concerns and ideas.  But we would ask for your commitment, too.  We need your dedication to Enron and its values, as it is only through your commitment that we will achieve long-term success.  We will conduct another employee survey early next year.  Please continue to send me your feedback and let's continue to work together and keep Enron one of the best places to work in the world.


Please take a moment to click on the link below for an invitation from APB and True Quote.


"The future is something which everyone reaches at the rate
of 60 minutes an hour?whatever he does, whoever he be."  - C.S. Lewis
Watch the Enron Building lobby on Tuesday, April 24th, from 11:30am to 1:00pm
for information on innovative and futuristic technology!
Featuring:
Dr. Peter Bishop, Professor and Chair of the Future Studies Graduate Program at the University of Houston
Mr. Clay Anderson, Astronaut at NASA
Gadgets & Gizmos by Oxford Technologies
Robotic Display by Students from Yates High School
Special Afternoon Workshop - 1:30pm to 3:30pm
"Images of Enron in 2020" with Dr. Peter Bishop & Amy Oberg
Join Amy Oberg with EES and Dr. Peter Bishop, Chair & Professor of the University of Houston's Future Program,
to imagine Enron in the year 2020.  Attendees will actively engage in this participatory workshop with the final summary
to be shared with Mr. Skilling's office.  "Futures tools" will be utilized to consider Enron's characteristics, culture,
businesses and the world environment and participants will explore how the future might play out for Enron.
The results of this session will be shared with Mr. Skilling's office.  RSVP to Jessica at x31918 - space is limited
Word of the Day
prescience \PREE-shuns; PREE-shee-uns\, noun:
Knowledge of events before they take place; foresight.


Effective October 3, 2001,
Between the hours of 6 PM and 7 AM, the Central Desk phones will ring 5 times, then proceed directly into voice mail.
Thank you,
Irena Hogan
Sr. Administrative Assistant
Enron Americas
(713) 853-6143


If this email appears blank, scroll to bottom for text version ----- Text Version
mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com to unsubscribe enerfaxdaily as: tdonoho@enron.com forward to web@enerfax.com
Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
Tuesday, October 2, 2001 No. 837
Visit our website at:
For Oil Prices & News write enerfaxgold-subscribe@egroups.com
or go to
PHYSICAL NATURAL GAS PRICES
Gulf/Eastern Region
| Agua Dulce              | 1.61  |
| ANR SE                  | 1.68  |
| Carthage TG             | 1.64  |
| Chicago Citygate        | 1.76  |
| Columbia Gulf Onshore   | 1.70  |
| Dominion South Point    | 1.92  |
| Henry Hub               | 1.77  |
| Houston Ship Channel    | 1.71  |
| Katy Hub                | 1.66  |
| NGPL LA Pool            | 1.70  |
| NGPL - Midcontinent     | 1.59  |
| NGPL STX                | 1.66  |
| NGPL TX/OK              | 1.67  |
| NNG Demarc.             | 1.63  |
| Niagara                 | 1.84  |
| TCO IPP Pool            | 1.93  |
| Tetco ELa               | 1.71  |
| Tetco M-3               | 2.00  |
| Tetco STX               | 1.65  |
| TGP Zone 0              | 1.64  |
| TGP Zone 1 500 Leg      | 1.72  |
| TGT Zone SL             | 1.73  |
| New York Citygate       | 2.00  |
| Transco Station 65      | 1.79  |
| Transco Zone 6 (NY)     | 2.01  |
| Trunk ELa               | 1.66  |
| Western Region
| California Border       | 1.88  |
| El Paso Permian         | 1.56  |
| El Paso San Juan        | 1.49  |
| Waha Hub                | 1.60  |
| Canadian/Rockies Region
| Nova/Aeco (C$/gig)      | 1.88  |
| Dawn Hub/Union          | 1.85  |
| Northwest Stanfield     | 1.41  |
| Wyoming Pool            | 1.38  |
| Opal/Kern River         | 1.39  |
| PGT-Malin               | 1.58  |
| Sumas                   | 1.34  |
Flow Date 10/02
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NATURAL GAS FUTURES
Henry Hub
12 Month Strip  2.7658  -0.0074
18 Month Strip  2.9331  +0.0095
| Month | High  |  Low  | Close | Change |
| NOV   | 2.215 | 2.140 | 2.208 | -0.036 |
| DEC   | 2.600 | 2.535 | 2.602 | -0.020 |
| JAN   | 2.825 | 2.755 | 2.824 | -0.008 |
| FEB   | 2.810 | 2.755 | 2.827 | -0.005 |
| MAR   | 2.790 | 2.720 | 2.797 | -0.005 |
| APR   | 2.730 | 2.670 | 2.735 | -0.007 |
| MAY   | 2.745 | 2.720 | 2.768 | -0.004 |
| JUN   | 2.805 | 2.770 | 2.818 | -0.004 |
| JUL   | 2.855 | 2.810 | 2.868 | -0.001 |
| AUG   | 2.910 | 2.855 | 2.906 | -0.001 |
| SEP   | 2.890 | 2.850 | 2.906 | -0.001 |
| OCT   | 2.915 | 2.850 | 2.931 | +0.004 |
-------------------------------------------------------------
Natural Gas Futures Continue Downward Spiral
Natural gas for November delivery on the NYMEX continued decline yesterday, dropping $0.036 to $2.208 after hitting a new contract low of $2.14. The December contract dipped $0.02 to $2.602 per MMBtu. Prices opened sharply lower, but managed to stage an erratic rally to finish near the highs of the day. The mild weather and diminishing storage availability continue to pressure a weak cash market which in turns is dragging down futures prices. As storage becomes less available more expensive, the differential between cash and futures could continue to widen. Early injection estimates for tomorrows weekly AGA storage report range between 75 Bcf to 85 Bcf. For the same week last year, stocks rose 78 Bcf, and on average over the last 5 years, stocks have gained about 70 Bcf. The National Oceanic and Atmospheric Administration reports last week's tally of 39 Heating Degree Days was 11 above normal, but 5 less than forecast and 5 below the same week a year ago. NOAA said it expected 44 HDDs this week, or 6 above normal. In terms of cooling degree days, NOAA said last week's tally of 18 was 13 less than the previous week, 7 below normal and 2 less than the same week a year ago. NOAA has forecast 13 CDDs this week, which is 6 below normal. The latest NWS forecast calls for normal temperatures for most of the nation, except for parts of the Midwest, Northeast and South Texas which will be below normal. Manufacturing activity, which consumes about 45% of all natural gas use, contracted for a 14th straight month in September but showed signs of improvement. The National Association of Purchasing Management monthly index dipped only slightly in September, slipping to 47.0 in its worst slump since the 1990-1991 recession. A reading under 50 indicates that manufacturing activity, about one-sixth of the overall economy, is declining. The NAPM index has now held below that level since August 2000, but has been steadily improving from January's 10-year low of 41.2. Natural gas for next day delivery across the US and Canada was generally off $0.05 $0.10 yesterday. Natural gas for next day delivery at the Henry hub lost $0.05 to $1.77 per MMBtu.
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---------------------------------------------------------
POWER FUTURES
| Month |   COB   | Change |   PV    | Change |
| NOV   |  31.50  | +0.00  |  34.00  | +0.00  |
| DEC   |  33.50  | +0.00  |  38.00  | +0.00  |
| JAN   |  32.50  | +0.00  |  37.50  | +0.00  |
| FEB   |  31.50  | +0.00  |  35.00  | +0.00  |
| MAR   |  31.00  | +0.00  |  33.00  | +0.00  |
| APR   |  32.00  | +0.00  |  33.50  | +0.00  |
| MAY   |  36.00  | +0.00  |  33.50  | +0.00  |
| JUN   |  42.00  | +0.00  |  33.50  | +0.00  |
| JUL   |  52.00  | +0.00  |  44.00  | +0.00  |
| AUG   |  57.00  | +0.00  |  44.00  | +0.00  |
| SEP   |  44.50  | +0.00  |  44.00  | +0.00  |
| OCT   |  34.00  | +0.00  |  34.00  | +0.00  |
| Month | Entergy | Change | Cinergy | Change |
| NOV   |  24.20  | +0.00  |  26.10  | +0.00  |
| DEC   |  25.90  | +0.00  |  27.50  | +0.00  |
| JAN   |  27.50  | +0.00  |  29.50  | +0.00  |
| FEB   |  27.50  | +0.00  |  29.50  | +0.00  |
| MAR   |  27.25  | +0.00  |  27.75  | +0.00  |
| APR   |  27.25  | +0.00  |  27.75  | +0.00  |
| MAY   |  29.75  | +0.00  |  31.25  | +0.00  |
| JUN   |  39.00  | +0.00  |  41.25  | +0.00  |
| JUL   |  50.00  | +0.00  |  54.75  | +0.00  |
| AUG   |  50.00  | +0.00  |  54.75  | +0.00  |
| SEP   |  26.00  | +0.00  |  28.15  | +0.00  |
| OCT   |  27.25  | +0.00  |  29.00  | +0.00  |
-----------------------------------------------------------
POWER FUTURES
| Month |  PJM  | Change |
| NOV   | 28.90 | +0.00  |
| DEC   | 32.00 | +0.00  |
| JAN   | 36.00 | +0.00  |
| FEB   | 36.00 | +0.00  |
| MAR   | 32.50 | +0.00  |
| APR   | 32.50 | +0.00  |
| MAY   | 33.75 | +0.00  |
| JUN   | 44.25 | +0.00  |
| JUL   | 59.75 | +0.00  |
| AUG   | 59.75 | +0.00  |
| SEP   | 32.00 | +0.00  |
| OCT   | 32.00 | +0.00  |
------------------------------------------------------------
Natural Gas NYMEX Volume
01NOV   12,870
01DEC    5,270
02JAN    4,089
02FEB    1,931
02MAR    2,655
02APR    1,205
02MAY    1,359
02JUN      655
02JLY    1,216
02AUG      705
02SEP      237
02OCT      832
02NOV      411
02DEC    1,175
03JAN      889
03FEB       38
03MAR       52
03APR       55
03MAY       15
03JUN      461
03JLY      417
03AUG        2
03SEP        2
03OCT        2
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Natural Gas Options
|       | Closing | Days | Implied ATM |
| Month |  Price  | Left | Volatility  |
| NOV   |  2.244  |  29  |   74.06%    |
| DEC   |  2.622  |  61  |   65.79%    |
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PHYSICAL POWER PRICES
|            | High  |  Low  | Average |
|            | $/MWh | $/MWh |  $/MWh  |
| Cinergy    | 23.55 | 20.50 |  22.90  |
| ECAR       | 23.95 | 21.95 |  23.05  |
| ERCOT      | 18.50 | 17.50 |  18.25  |
| Entergy    | 18.70 | 15.50 |  18.05  |
| TVA        | 24.30 | 21.45 |  22.80  |
| ComEd      | 22.00 | 20.50 |  21.55  |
| Nepool     | 37.00 | 36.25 |  36.50  |
| PJM West   | 26.40 | 25.40 |  26.20  |
| Main       | 23.25 | 21.75 |  22.55  |
| MAPP       | 22.00 | 18.50 |  19.65  |
| Palo Verde | 32.00 | 27.75 |  29.60  |
| Mid C      | 31.00 | 22.00 |  25.15  |
| COB        | 29.00 | 26.75 |  27.80  |
| 4 Corners  | 30.00 | 27.00 |  28.50  |
| Mead       | 32.00 | 30.50 |  31.00  |
| NP 15      | 32.00 | 27.25 |  29.05  |
| SP 15      | 32.00 | 27.50 |  29.10  |
---------------------------------------------
Two California WindPower Projects Commence Operating
SeaWest WindPower and PG&E National Energy Group have announced that the 44.4 MW Mountain View Power Partners I and the 22.2 MW Mountain View Power Partners II wind energy projects near Palm Springs, California have begun commercial operation. The projects are located near the San Gorgonio Pass.  PG&E NEG has contracted with SeaWest for the operation and maintenance of the wind units. The Mountain View I & II projects utilize 111 Mitsubishi Heavy Industries MHI MWT 600 kW wind turbines. The turbines are mounted on 50 and 60-meter tubular towers. The California Department of Water Resources will purchase the entire output of the two wind projects, under a long-term contract. In addition to the Mountain View projects, PG&E NEG owns the Madison Windpower Project in Madison, NY.
---------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------
Today's Power Bulletins
* Enron Shares Rise 4% on India Stake Sale Talk
* S&P Assigns Arizona Public Service BBB Rating
* S&P Rates Detroit Edison Bonds A-
* Sempra Energy Files Shelf for $2 Billion in Debt and Equity
* PanCanadian and Fording to Buy Back Shares
* Reliant Begins Building 800 MW Power Plant in Choctaw County, Mississippi
* Moody's May Still Raise FirstEnergy Units Ratings
* Siemens Signs Memorandum of Understanding with Nextek Power Systems
* Consumers Energy Customers Can Now Sign Up for Green Power Pilot Program
* Spire Corporation Installs 150 kW of Solar Power Systems on 3 Chicago Museums as Part of Public-Private Partnership
* California Retailers Association Supports PG&E Reorganization Plan
* Reliant Energy Minnegasco Announces No Surprise Bill Pilot Program for Residential Customers
* ComEd Rates Drop $135 Million October 1st
-------------------------------------------------------
Tata Power and Enron Negotiating Dabhol Sale
Tata Power Company, India's largest private utility, is in preliminary talks with Enron to buy its stake in the troubled $2.9 billion Dabhol Power project. Tata Power plans to begin final negotiations with Enron after consultants have submitted a value report. But, Tata Power is already demanding Enron reduce its asking price. Indian financial institutions, which have lent around $1.4 billion to the project, are coordinating the efforts to find a buyer. Enron has a 65% stake in the project, Indian state utility Maharashtra State Electricity Board owns 15%and General Electric and Bechtel each own 10%.
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Todays Gas Bulletins
* e-Acumen Launches WeatherBook, Breakthrough Weather Risk Management Platform with Industry-Leading Analytics
* Southern California Gas Files $350 Million Shelf Offering
* Falcon Gas Storage and Emera Form Greyhawk Gas Storage Company
* EEX Indefinitely Shelves Bond Sale, Blames Market
* Republicans Trying to Attach Energy Legislation to Defense Spending Bill While Democrats Opposing Move Use Control of Senate to Fight It
* Abraxas Closes Successful Offer for Grey Wolf Exploration
* Samson Completes $80 Million Acquisitions in East Texas from Clayton Williams Energy
* Northern Border Pipeline Completes Project 2000
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Restart of Dabhol Power Project Proposed
A panel established by the Indian state of Maharashtra has suggested that if all parties involved are willing to absorb the costs, the 2,184 MW Dabhol power project could be re-started. The panel suggested that if all the shareholders were willing to absorb the costs, the tariff on Dabhol's power could be reduced. The panel has also proposed that Enron, GE and Bechtel absorb a huge loss on their investment in the project. After a acrimonious dispute with the local utility, Enron had said it would like to abandon the project. The Maharashtra State Electricity Board, which had initially contracted to purchase all the power from Dabhol plant, subsequently defaulted on payments because it didn't need that much power and claimed it was too expensive. Enron claimed the utility was in violation of its contractual obligations. Dabhol took the dispute to the International Court of Arbitration in London, but Enron has said it would settle out of court if it could recover its costs.
--------------------------------------------------------
Ziff Energy Group presents the
North American Gas Strategies Conference
November 5 7  Calgary
The Future of Western Canada's
Gas Supply: Stretched to the Limit?
& e-Solutions: Next Generation Concepts for the E&P Sector
Join us for frank, in-depth discussion on the future of the Western Canada Sedimentary Basin. Top Canadian & U.S. gas industry leaders will address urgent concerns.
Day 1:  Gas Outlook 2002: Supply, Pipelines, Markets, Price Outlook
Day 2:  Western Canadian Gas Supply Featuring speakers such as:
Ed Weber, Chairman, Reliability Assessment,  ERC Don Albon, Senior Vice President Aquila Capital & Trade
Ken Vollman, Chairman & CEO National Energy Board
Terry Schmidtke, GM Great Plains Business Unit PanCanadian
Ted Bogle, VP Exploration Talisman Energy
Ken Sinclair, Chair Coalbed Methane Association
Graeme Phipps, VP Exploration - Petro-Canada
Nellie Cournoyea, Chair & CEO Inuvialuit Regional Corporation
Executive Roundtable 6 CEOs from Canada & US discuss the outlook for the
Western Canadian Basin.  Including: Anadarko, Burlington Resources,
Apache Canada, PanCanadian, Compton and Conoco.
Plus
Day 3:  eSolutions:  Next Generation Concepts for the E&P Sector
Register for One, Two or Three Days
or call 1-800-853-6252
--------------------------------------------------------
Congress to Hold Hearing on Alaska Natural Gas Pipeline
Congress plans to consider a multi-billion dollar pipeline project to transport natural gas from Alaska today. A consortium of oil companies last week released a gloomy report on the project's economics. BP, Phillips Petroleum and Exxon Mobil unveiled a preliminary study on the project last week that showed smaller investment returns than previously estimated. The project is uneconomical at this point, but despite the study the project has not been shelved. The consortium will likely make a decision on the project by the and of the year. Depending on the route, it may cost between $15 billion and $17 billion. The 2000-mile southern route parallels the TAPS to Fairbanks, then turns to follow the Alaska Highway through the Yukon Territory and British Columbia, connecting with existing pipelines in Alberta. The 1,650-mile northern route runs east from the North Slope to the Mackenzie River delta, then south along the Mackenzie valley into Alberta. It would be cheaper, but would have to cross the Alaska National Wildlife Refuge. The Senate Committee on Energy and Natural Resources will hold a hearing today on legislation that may be needed to move pipeline construction forward. The hearing will  focus on ways the federal government can help improve project economics. The consortium has requested fast-track approval of FERC permits, but no direct federal subsidies for construction costs. The Bush administration says the project must be independently feasible and not rely on subsidies. Natural gas from Alaska could make up 10% of nations energy supplies by 2015, according to a study from the Interstate Natural Gas Supply Association of America.
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This 160+ page comprehensive multi-client assessment focuses on the critical issues and challenges facing the commercialization of the Northern gas in Alaska and the Canadian Mackensie Delta area and the impact of this gas on the North American natural gas market.
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To subscribe or for more information, please call toll free Ron Ford in Houston at
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Bill Gwozd in Calgary at 1-800-853-6252 e-mail to: bgwozd@ziffenergy.com
Visit our website at
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to preview our marketing brochure.
----------------------------------------------------------
California Has a Plan in Case Bond Sale Delayed
Californias controller says that the state is on solid economic ground and is not facing a fiscal emergency, even if a proposed bond sale is postponed. The state is attempting to issue $12.5 billion in bonds to repay the general fund for $6.1 billion spent on buying power for Pacific Gas & Electric and Southern California Edison. The bond sale is being held up because state regulators have not approved the designation of a portion of the utilities rates to repay the bonds. Last month, the state sold $5.7 billion in revenue anticipation notes to boost the general fund and provide a buffer until the bonds can be sold. Since revenue anticipation notes must be repaid by the end of the fiscal year, California could issue revenue anticipation warrants to repay the notes if the bonds are not issued before. The state treasurer has warned that the states budget deficit could rise to $9.3 billion by the beginning of fiscal year 2003 if the bonds are not issued by then and state lawmakers would have to consider raising taxes or cutting spending.
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-------------------------------------------------------
Duke to Discuss Westcoast Energy Acquisition
Fred Fowler, president of Duke Energy Gas Transmission Group, and David Hauser, senior vice president and for Duke Energy Corporation will lead a discussion and answer analysts' questions at 4 PM EDT regarding the acquisition Westcoast Energy  Webcast may be accessed in the investors' section of the company's Website. Also, one may listen to the conference by calling 800/967-7184 and using confirmation code 686310.  International callers should use 719/457-2633.
-----------------------------------------------------
Progas Storage Services, Inc
Was recently organized to offer specialized natural gas storage services to marketers and end users servicing the upper Midwest and Northeast market regions along the major transmission systems in Indiana, Illinois, Kentucky, and Michigan. PGSMI has 10 bcf of potential working capacity which will offer service along TXG, ANR, Midwestern, and is currently evaluating for purchase another 21 bcf of potential working capacity which can be serviced by these and other systems in the region. PGSMI also explores for natural gas in the Gulf Coast region through a wholly owned subsidiary. Progas intends to go public through a route of private industry offerings, and an IPO or registration. For more information on services or the company mail to: gastorage@aol.com or for AOL mail to gastorage@aol.com
; web site currently under construction at:
.
The company's executive and administrative office is located in Abilene, Texas with storage operations in Owensboro, KY and exploration operations in Corpus Christi, TX.
Progas Storage Services, Inc
8610 S. Hwy 277
Abilene, TX 79606
Ph 915 698 3699
Fx 915 698 2859
--------------------------------------------------------
Kinder Morgan Earnings
Kinder Morgan says earnings are on track for the 3rd quarter and the year. Wall Street analysts expect KMI's 3rd-quarter earnings per share to range from $0.40 $0.50 per share. For the year, KM is expected to earn between $1.85 - $2.00 per share with an average of $1.89. Shares of KM were down $0.72, or 1.5% to $48.49.
-------------------------------------------------------
Pure Text or Lotus & AOL Readers-subscribe by going to:
HTML,Outlook Email, Readers-subscribe by writing
--------------------------------------------------------
FINANCIAL SUMMARY
The TSE 300 dropped 39.55 points to 6799.01
The CRB Index decreased 1.10 points to 189.39
The US Dollar declined 0.10 points to 113.08
The Dow slipped 10.73 points to 8836.83
The S&P 500 dipped 2.39 points to 1038.55
The Nasdaq was down 18.34 points to 1480.46
November NYMEX Crude Oil lost 0.15 to 23.28
Canadian-US Exchange slipped .0001 to 1.5789
-------------------------------------------------------
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Get ready.  Beginning in November, electronic pay stubs will be available to all employees who have their paychecks direct deposited into their bank account.  Electronic pay stubs are an easy, fast, and efficient way for you to get your payroll information.  They will also help Enron to realize a considerable savings in time and dollars spent over traditional printed pay stubs.
If you prefer to receive a hardcopy of your pay stub, click on the link below to complete a request form.  This form must be submitted to Payroll by October 15, 2001.  Unless you submit a form your pay stub information will default to electronic viewing.
Please click on the link below.
Name:             THOMAS DONOHOE
Personnel number: P00503344
Phone:            7138537151
If you have questions about electronic pay stubs, please contact Janice Priddy (Payroll) 713-853-7839 or Marie Newhouse (ClickAtHome) at 713-345-4185 or send an email to  Enron.Payroll@enron.com (Enron Payroll in Outlook).
Stay tuned for more details in the coming weeks.


The report named: CE P/L
, published as of 10/01/2001 is now available for viewing on the website.


Do you work in the energy industry?
If you answered yes, please pay close attention; you need to stay
proactive to the every day changes of our industry. Job security and company
loyalty no longer exist, so it is up to you to stay on top of job
opportunities in the energy industry.
Don't worry you no longer need to visit the massive job boards in search of
energy industry jobs. Energy Jobs Network a group of energy related sites
has come together to offer you ENERGY JOBS ONLY. Our Network sites are all
connected and currently list over 250 energy industry jobs from over 100
energy employers.
Our network of energy jobs is a FREE service to all job seekers
Energy Jobs Network is a group of energy related sites that delivers up to
date job opportunities to the energy industry. Our network brings you job
opportunities from around the globe. Visit any one of the following job
boards today and stay proactive to our industries changes.
Current EJN Member Sites: (visit any of the following URLs to register)
Independent Petroleum Association of America (IPAA):

Canadian Electricity Association (CEA):

National Energy Services Assoc. / Houston Energy Assoc. (NESA):

Independent Petroleum Association of the Mountain States (IPAMS):

Electricity Forum:

Powerhighway.com:

Natural Gas and Energy Association of Oklahoma (NGEAO)

NEW MEMBER SITES COMING IN SEPTEMBER:
Oklahoma Independent Petroleum Association
Platts, a McGraw-Hill company
These partnerships are typical, with many more energy sector
trade groups, associations and media publishers scheduled to join our
network in the coming weeks.
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qualifications with us and let our network guide you to a new position.
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Dear Customers,
Christmas is around the corner, and this year we will be making a donation to the Red Cross on behalf of each of you.  We are asking you to please e-mail us your home address, so we can make certain that everyone will be included in this donation.
Thank you for your cooperation.
Respectfully,
Herb Lee
herbl@amerexenergy.com


Attached is a revised Credit Watch listing for the week of 10/01/01.   Please note that Nevada Power Company, Sierra Pacific Power Company and Upstream Energy Services Company, LLC were all placed on Credit Watch this week for "CALL CREDIT".  Granite City Steel, a division of National Steel was placed on "NO TRADES".
If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report.
To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002.
For other questions, please contact Jason R. Williams at x5-3923,  Veronica Espinoza at x6-6002 or Darren Vanek at x3-1436.


Learn more about
"The Perks & Pitfalls of Credit"
at our upcoming
Foundation for Financial Literacy
Brown Bag Workshop!
Thursday, October 11, 2001
11:30 - 12:30
Doubletree Allen Center, La Salle B
Refreshments will be served.
RSVP to joy.wagman@enron.com


mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com is the unsubscribe address for $subst ('Recip.EmailAddr') This email contains both the web and text version. The text version is located at the very end of the newsletter. The web version is available to Outlook users and will take a minute to appear.
If you can not view this email visit  for today's power & natural gas prices & news. ----- Pure Text & Lotus Users subscribe to the pure text version by clicking
Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
Monday, October 1, 2001 No. 836
Visit our website at:
For Oil Prices & News write enerfaxgold-subscribe@egroups.com
or go to
PHYSICAL NATURAL GAS PRICES
Gulf/Eastern Region
| Agua Dulce              | 1.62  |
| ANR SE                  | 1.79  |
| Carthage TG             | 1.66  |
| Chicago Citygate        | 1.83  |
| Columbia Gulf Onshore   | 1.75  |
| Dominion South Point    | 1.96  |
| Henry Hub               | 1.82  |
| Houston Ship Channel    | 1.78  |
| Katy Hub                | 1.73  |
| NGPL - Midcontinent     | 1.69  |
| NGPL STX                | 1.65  |
| NGPL TX/OK              | 1.72  |
| NNG Demarc.             | 1.75  |
| Niagara                 | 1.86  |
| Sonat Tier 1            | 1.79  |
| TCO IPP Pool            | 2.02  |
| Tetco ELa               | 1.80  |
| Tetco M-3               | 2.08  |
| Tetco STX               | 1.67  |
| TGP Zone 0              | 1.67  |
| TGP Zone 1 500 Leg      | 1.81  |
| TGT Zone SL             | 1.78  |
| New York Citygate       | 2.14  |
| Transco Station 65      | 1.86  |
| Transco Zone 6 (NY)     | 2.14  |
| Trunk ELa               | 1.75  |
| Western Region
| California Border       | 1.87  |
| El Paso Permian         | 1.62  |
| El Paso San Juan        | 1.54  |
| Waha Hub                | 1.63  |
| Canadian/Rockies Region
| Nova/Aeco (C$/gig)      | 2.00  |
| Dawn Hub/Union          | 1.85  |
| Northwest Stanfield     | 1.46  |
| Wyoming Pool            | 1.44  |
| Opal/Kern River         | 1.43  |
| PGT-Malin               | 1.60  |
| Sumas                   | 1.39  |
Flow Date 10/01
---------------------------------------------
And now there's FASB 133.
So history will affect reported earnings, because hedge efficiencies and derivative valuations will hit the bottom line. At FAME, we deliver quality historical information and analysis. For your FREE copy of the recent report, Protecting Your Earnings: Managing the FASB 133 Challenge, click here
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--------------------------------------------
NATURAL GAS FUTURES
Henry Hub
12 Month Strip  2.7732  +0.0057
18 Month Strip  2.9236  +0.0138
| Month | High  |  Low  | Close | Change |
| NOV   | 2.280 | 2.205 | 2.244 | -0.009 |
| DEC   | 2.660 | 2.575 | 2.622 | -0.002 |
| JAN   | 2.865 | 2.800 | 2.832 | +0.006 |
| FEB   | 2.865 | 2.800 | 2.832 | +0.006 |
| MAR   | 2.830 | 2.760 | 2.802 | +0.008 |
| APR   | 2.770 | 2.700 | 2.742 | +0.006 |
| MAY   | 2.805 | 2.740 | 2.772 | +0.011 |
| JUN   | 2.850 | 2.790 | 2.822 | +0.009 |
| JUL   | 2.900 | 2.830 | 2.869 | +0.011 |
| AUG   | 2.945 | 2.870 | 2.907 | +0.008 |
| SEP   | 2.930 | 2.870 | 2.907 | +0.008 |
| OCT   | 2.950 | 2.900 | 2.927 | +0.006 |
-------------------------------------------------------------
Natural Gas Cash and Futures Continue to Slide Lower
Natural gas for November delivery on the NYMEX closed down $0.009 Friday at $2.244 per MMBtu, trading between $2.205-2.28 after closing unchanged on Thursday and reaching a new contract low of $2.18 Wednesday. The December contract dipped $0.002 to $2.622 per MMBtu. The NYMEX will continue to trade in abbreviated session this week. Last week the AGA reported storage inventories rose by 91 Bcf for the prior week, well above the year-ago gain of 67 Bcf and the 5-year average injection of 77 Bcf. Total inventories of 2.848 Tcf are 446 Bcf, or 19% above last year, 264 Bcf above the 5-year average, and now stand at 86% full. The National Weather Service continues to call for below normal temperatures for the Eastern half of the nation and above normal in most of the West this week. Anticipated first-of-month cash indexes for October are $0.70 - $0.90 below September's indexes at the pipelines. Spreads between cash and futures widen considerably with much more incremental demand expected next month as some utilities switch to natural gas from fuel oil and a number of nuclear energy sites go off-line for maintenance. Currently, there is about $0.50 per MMBtu difference between October cash and November futures. Natural gas for next day delivery across the US and Canada was generally down $0.05 - $0.10 Friday, except out West where spot prices traded higher. Natural gas for next day delivery at the Henry hub dropped $0.07 to $1.82 per MMBtu.
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---------------------------------------------------------
POWER FUTURES
| Month |   COB   | Change |   PV    | Change |
| OCT   |  33.00  | +0.00  |  31.50  | +0.00  |
| NOV   |  31.50  | +0.00  |  34.00  | +0.00  |
| DEC   |  33.50  | +0.00  |  38.00  | +0.00  |
| JAN   |  32.50  | +0.00  |  37.50  | +0.00  |
| FEB   |  31.50  | +0.00  |  35.00  | +0.00  |
| MAR   |  31.00  | +0.00  |  33.00  | +0.00  |
| APR   |  32.00  | +0.00  |  33.50  | +0.00  |
| MAY   |  36.00  | +0.00  |  33.50  | +0.00  |
| JUN   |  42.00  | +0.00  |  33.50  | +0.00  |
| JUL   |  52.00  | +0.00  |  44.00  | +0.00  |
| AUG   |  57.00  | +0.00  |  44.00  | +0.00  |
| SEP   |  44.50  | +0.00  |  44.00  | +0.00  |
| Month | Entergy | Change | Cinergy | Change |
| OCT   |  24.15  | +0.00  |  25.85  | +0.00  |
| NOV   |  24.20  | +0.00  |  26.10  | +0.00  |
| DEC   |  25.90  | +0.00  |  27.50  | +0.00  |
| JAN   |  27.50  | +0.00  |  29.50  | +0.00  |
| FEB   |  27.50  | +0.00  |  29.50  | +0.00  |
| MAR   |  27.25  | +0.00  |  27.75  | +0.00  |
| APR   |  27.25  | +0.00  |  27.75  | +0.00  |
| MAY   |  29.75  | +0.00  |  31.25  | +0.00  |
| JUN   |  39.00  | +0.00  |  41.25  | +0.00  |
| JUL   |  50.00  | +0.00  |  54.75  | +0.00  |
| AUG   |  50.00  | +0.00  |  54.75  | +0.00  |
| SEP   |  26.00  | +0.00  |  28.15  | +0.00  |
-----------------------------------------------------------
POWER FUTURES
| Month |  PJM  | Change |
| OCT   | 29.70 | +0.00  |
| NOV   | 28.90 | +0.00  |
| DEC   | 32.00 | +0.00  |
| JAN   | 36.00 | +0.00  |
| FEB   | 36.00 | +0.00  |
| MAR   | 32.50 | +0.00  |
| APR   | 32.50 | +0.00  |
| MAY   | 33.75 | +0.00  |
| JUN   | 44.25 | +0.00  |
| JUL   | 59.75 | +0.00  |
| AUG   | 59.75 | +0.00  |
| SEP   | 32.00 | +0.00  |
------------------------------------------------------------
Natural Gas NYMEX Volume
01NOV   13,237
01DEC    4,910
02JAN    2,671
02FEB    1,509
02MAR    1,480
02APR      923
02MAY      510
02JUN      525
02JLY      755
02AUG      327
02SEP      153
02OCT      176
02NOV      202
02DEC      328
03JAN      288
03FEB       58
03MAR       94
03APR        9
03MAY        4
03JUN       33
03JLY        3
03AUG        2
03SEP        3
03OCT        5
-----------------------------------------------------------
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-------------------------------------------------------------
Commodity Futures Trading Commission
NYMEX Natural Gas Futures
Reportable Positions as of  9/25/01
Open Interest: 503,937                                  10,000 MMBtu
Nonreportable
Non-Commercial         |   Commercial |     Total    | Positions
Long | Short| Spreading| Long | Short | Long | Short | Long  | Short
5,320 32,392   22,107  431,834 422,921 459,261 477,420  44,676 26,517
Changes from 09/18/01                 Change in Open Interest:  8,140
1,010 -7,196   -2,825   -3,161   8,344  -4,976  -1,677  13,116  9,817
Prcent of Open Interest for Each Category of Traders
1.1    6.4     4.4     85.7    83.9   91.1    94.7     8.9    5.3
---------------------------------------------------------
Natural Gas Options
|       | Closing | Days | Implied ATM |
| Month |  Price  | Left | Volatility  |
| NOV   |  2.244  |  29  |   74.06%    |
| DEC   |  2.622  |  61  |   65.79%    |
-----------------------------------------------------------
Exelon Cuts 3rd Quarter Forecast
Exelon says 3rd quarter profit will be about a 25% less than forecast because the company misjudged demand for electricity. Exelon's shares fell 12% Friday. Exelon expects to earn $1.10 - $1.20 per share, instead of $1.57 forecast by Wall Sreet. Exelon originally said it would earn $1.35 -$1.80. Electricity use by manufacturers has slowed along with the economy, and a milder-than-expected summer reduced demand.
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---------------------------------------------------
PHYSICAL POWER PRICES
|             |  High  |  Low   | Average  |
|             | $/MWh  | $/MWh  |  $/MWh   |
|   Cinergy   | 22.00  | 18.00  |  18.80   |
|    ECAR     | 21.10  | 19.55  |  20.10   |
|    ERCOT    | 17.75  | 17.00  |  17.50   |
|   Entergy   | 18.00  | 16.70  |  17.25   |
|     TVA     | 20.70  | 19.95  |  20.30   |
|    ComEd    | 19.75  | 18.25  |  18.85   |
|   Nepool    | 37.00  | 36.25  |  36.60   |
|  PJM West   | 25.00  | 24.25  |  24.75   |
|    Main     | 20.65  | 18.40  |  19.15   |
|    MAPP     | 18.50  | 17.05  |  17.80   |
| Palo Verde  | 30.75  | 26.75  |  28.85   |
|    Mid C    | 23.00  | 20.25  |  22.00   |
|     COB     | 27.25  | 23.00  |  26.15   |
|  4 Corners  | 29.95  | 29.50  |  29.75   |
|    Mead     | 30.95  | 27.75  |  30.10   |
|    NP 15    | 28.50  | 25.00  |  26.90   |
|    SP 15    | 27.95  | 25.00  |  26.45   |
---------------------------------------------
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FERC Wants to Increase Industry Monitoring
The new chairman of the FERC wants to increase the Commission's ability to monitor energy sales in order to prevent abuses rather than just react to complaints. The commission has asked Congress to approve over $1.3 million for the addition of 10 senior level officials to monitor energy sales and actively look for market abuses. The agency currently has 50 people assigned to enforcement. The chairman says that even though the market has been moving towards deregulation for 10 years, the commission has not adjusted its examinations. The FERC is asking Congress to give it more authority to impose fines of up to $10,000 per violation, per day. Violators could lose the ability to base rates on market prices and be forced to charge only approved rates. The Electric Power Supply Association says members aren't afraid of additional market monitoring so long as it doesn't cross the line into political interventions every time there is a market fluctuation. High prices don't necessarily mean markets aren't working and can provide signals the market needs more power supply or a demand response.
--------------------------------------------------------
Power Generation Sales
Increase your sales of power generation equipment. Attend Gas Technology
Institute's Advanced Natural Gas Power Generation Workshop for natural gas sales/marketing professionals, October 29-November 2, in downtown Chicago.
To register online, go to www.gastechnology.org
and click on Training & Education. Or call (847) 768-0783, or HTML Users CLICK HERE
and text users please go to
-------------------------------------------------------
Today's Power Bulletins
* AEP Reports Northeastern Station Near Tulsa Repowering Project Completed; Boosted to 475 MW from 160 MW
* Detroit Edison to Shutdown 1,139 MW Fermi 2 Nuclear Power Plant in Michigan in Late October for Scheduled Refueling and Maintenance
* Moody's Rates Nevada Power Credit 'Baa2' Calpine Sees Earnings in Line with Previous Estimates
* Credit Suisse First Boston Cuts 12-Month Share Price Target to $30 from $40 for Reliant Resources
* Five Indian States Face Possible Blackouts Even as Enron's Power Plant Sits Idle
* Peabody Energy's Seneca Mine Recognized for Exemplary Stewardship and Safety
* Idaho Power Granted $48.9 Million Rate Increase
* GPU, FirstEnergy Extend Merger Termination Date Until December 31st
* General Dynamics Receives Tubular Solid Oxide Fuel Cell from Acumentrics
* Dominion Plans 1,100 MW, $600 Million Power Station in Person County Industrial Park
-------------------------------------------------------
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Today's Gas Bulletins
* Baker Hughes US Rig Count Drops 18 to 1,168 Last Week; Searching for Oil Down 8 to 215, Natural Gas Off 10 to 953; Canada Falls 14 to 304; Gulf of Mexico Slips 2 to 135
* Gastar Exploration Closes Private Placement
* Deutsche Banc Alex Brown Revises Earnings Estimates for Major Oil Companies to Reflect Cut in Natural Gas Price Expectations
* Indonesia's State Oil Company Pertamina Talking with El Paso on Possible LNG Exports to US
* CMS Energy Declares Quarterly Dividend of $0.365 per Share on Common Stock
* Maritimes & Northeast Names Murphy Brothers of East Moline, IL as Contractor for Proposed Phase III Expansion
* TransCanada to Redeem Canadian Originated Preferred Securities
-------------------------------------------------------
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Midwest Utilities Combine into Transmission Entity
Six Midwest power companies have applied with the FERC to form a new entity to merge their electric transmission systems. The new transmission company will be called Translink Transmission. It will be a for-profit company set up as part of FERC's 1999 order that investor-owned utilities join a RTO by the end of this year. The FERC has made RTOs a top priority since the California power crisis.  RTOs establish common rules that allow utilities to smoothly trade bulk power across the borders of their own local transmission systems. Applicants for Translink Transmission consist of IES Utilities and Iowa and Interstate Power; Iowa's Corn Belt Power Cooperative; MidAmerican Energy; Nebraska Public Power District; Omaha Public Power District; and Xcel Energy. The utilities will participate in Translink through a combination of divestiture, leases and operating agreements.  Translink will manage 26,000 miles of transmission lines and about 35,500 MW to about 6.9 million utility customers in 14 states. It expects to be in business by the end of next year. The new transmission company will also contract with the Midwest ISO for RTO services.  Separately, a Canada's Manitoba Hydro has joined Midwest ISO. The agreement is the first international extension of a US based ISO. Manitoba Hydro has 5,200 MW of mostly hydroelectric power generation and provides energy to all of Manitoba except central Winnipeg. The coordination agreement allows the utility to participate in the ISO without violating Canadian law, which prevents Manitoba Hydro from signing the Midwest ISO's transmission owners' agreement. Manitoba and the Midwest ISO are both part of Mid-Continent Area Power Pool.
--------------------------------------------------------
Ziff Energy Group presents the
North American Gas Strategies Conference
November 5 - 7  Calgary
The Future of Western Canada's
Gas Supply: Stretched to the Limit?
& e-Solutions: Next Generation Concepts for the E&P Sector
Join us for frank, in-depth discussion on the future of the Western Canada Sedimentary Basin. Top Canadian & U.S. gas industry leaders will address urgent concerns.
Day 1:  Gas Outlook 2002: Supply, Pipelines, Markets, Price Outlook
Day 2:  Western Canadian Gas Supply Featuring speakers such as:
Ed Weber, Chairman, Reliability Assessment,  ERC Don Albon, Senior Vice President - Aquila Capital & Trade
Ken Vollman, Chairman & CEO - National Energy Board
Terry Schmidtke, GM Great Plains Business Unit - PanCanadian
Ted Bogle, VP Exploration - Talisman Energy
Ken Sinclair, Chair - Coalbed Methane Association
Graeme Phipps, VP Exploration - Petro-Canada
Nellie Cournoyea, Chair & CEO - Inuvialuit Regional Corporation
Executive Roundtable - 6 CEO's from Canada & US discuss the outlook for the
Western Canadian Basin.  Including: Anadarko, Burlington Resources,
Apache Canada, PanCanadian, Compton and Conoco.
Plus
Day 3:  eSolutions:  Next Generation Concepts for the E&P Sector
Register for One, Two or Three Days
or call 1-800-853-6252
--------------------------------------------------------
Dominion Plans New 1,100 MW NC Power Plant
Dominion plans to build and operate a combined-cycle $600 million, 1,100 MW natural gas fired power plant in Person County, NC. The facility would consist of 4 turbines and would connect with Carolina Power & Light's 230-kV transmission lines. The plant plans to receive natural gas from the Greenbrier pipeline being developed by Dominion and Piedmont Gas. Dominion will seek regulatory approval and begin engineering, permitting and infrastructure work this fall. The first project is expected to begin operation in 2005.
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This 160+ page comprehensive multi-client assessment focuses on the critical issues and challenges facing the commercialization of the Northern gas in Alaska and the Canadian Mackensie Delta area and the impact of this gas on the North American natural gas market.
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These assessments will answer your questions and provide our independent unbiased insight and commentary on this "mega" natural gas supply.
To subscribe or for more information, please call toll free Ron Ford in Houston at
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Bill Gwozd in Calgary at 1-800-853-6252 e-mail to: bgwozd@ziffenergy.com
Visit our website at
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----------------------------------------------------------
California Generators Want Payment Plan
Five large power generators have contacted Southern California Edison in an attempt to find out how much, when and if they will be paid for electricity sold to the utility. Reliant, Mirant, Dynegy, Enron and Puget Sound Energy say they have received little assurance that the SCE intends to work out a payment plan with its creditors if the California legislature fails to pass a rescue plan. State senators adjourned last month without approving a $2.9 billion rescue package. The governor has called special session later this month to consider a bail-out, however it is unlikely the lawmakers will pass the measure in its present form. The current version of the plan does not allow SCE to use bonds sold under the measure to pay the generators. Since SCE supported that version of the plan, the generators want to know how they will be paid. An attorney for the companies says they want a simple yes or no to whether or not SCE is interested in negotiating a forbearance agreement. The generators contend that SCE can take steps to ensure that all creditor classes are treated equally, and payments can be made from existing funds or from a sale of secured bonds.
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Energy Jobs
Whether you are actively looking for a job, or want to explore opportunities in the energy industry, go to www.energyjobs.com. At Energyjobs.com, your job hunting is made easy, convenient and confidential. Conduct your own search or participate in our Job Match feature, which accurately matches  your qualifications, experience and requirements to any new job that appears, and then sends you an e-mail notification! Best of all, membership > is FREE. To register and become a member, simply go to
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--------------------------------------------------------
Progas Storage Services, Inc
Was recently organized to offer specialized natural gas storage services to marketers and end users servicing the upper Midwest and Northeast market regions along the major transmission systems in Indiana, Illinois, Kentucky, and Michigan. PGSMI has 10 bcf of potential working capacity which will offer service along TXG, ANR, Midwestern, and is currently evaluating for purchase another 21 bcf of potential working capacity which can be serviced by these and other systems in the region. PGSMI also explores for natural gas in the Gulf Coast region through a wholly owned subsidiary. Progas intends to go public through a route of private industry offerings, and an IPO or registration. For more information on services or the company mail to: gastorage@aol.com or for AOL mail to gastorage@aol.com
; web site currently under construction at:
.
The company's executive and administrative office is located in Abilene, Texas with storage operations in Owensboro, KY and exploration operations in Corpus Christi, TX.
Progas Storage Services, Inc
8610 S. Hwy 277
Abilene, TX 79606
Ph 915 698 3699
Fx 915 698 2859
--------------------------------------------------------
Pure Text or Lotus & AOL Readers-subscribe by going to:
HTML,Outlook Email, Readers-subscribe by writing
--------------------------------------------------------
FINANCIAL SUMMARY
The TSE 300 gained 169.11 points to 6838.56
The CRB Index decreased 0.69 points to 190.49
The US Dollar advanced 0.22 points to 113.48
The Dow rose 166.14 points to 8847.56
The S&P 500 gained 22.43 points to 1040.90
The Nasdaq was up 38.09 points to 1498.80
November NYMEX Crude Oil rose 0.36 to 23.43
Canadian-US Exchange slipped .0003 to 1.5790
-------------------------------------------------------
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Dear Tom,
Thank you for writing to Amazon.com.
I have sent a reply to your message to the e-mail address associated with
your account.  To protect your privacy, we can only send account
information to the e-mail address on file for your account.  We appreciate
your patience with our security measures.
I hope that this does not cause you any inconvenience.  Please note that
you may check the status of your account and orders at any time by
clicking on the "Your Account" link at the top of our web site.
If you have a time-sensitive concern, you can always contact us by
telephone.  Our Customer Service department is open 24 hours a day, 7 days
a week:
US and Canada: 1-800-201-7575
International: 1-206-266-2992
Fax: 1-206-266-2950
If you no longer use the e-mail address you used when you first shopped at
Amazon.com, I would strongly recommend changing the e-mail address on file
for your account.
As a security precaution, we ask that customers change their e-mail
addresses directly on our web site.  This ensures that the person
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account, preventing any uninvited changes.
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==============================
Check your order and more!
Questions? We have your answers!
>Date: Mon Apr 23 10:01:26 PDT 2001
>Subject: Nancy drew starter set
>To:
>From: tom.donohoe@enron.com
>
>re:skullman@netzero.net order #104-9279589-6003926
>
>I ordered a nancy drew starter set months ago.  I was looking today and
>the starter set is offerd once again on the web site.
>
>7457-7450917.  Could you tell me if my order has been filled.
>
>Sincerely,
>
>Tom Donohoe
>skullman@netzero.net
>nightfight


The report named: CE P/L
, published as of 09/28/2001 is now available for viewing on the website.
(Revision: 2)


------------------------------------------------------------------------------------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y
F O R
September 28, 2001 5:00pm through October 1, 2001 12:00am
------------------------------------------------------------------------------------------------------
SCHEDULED SYSTEM OUTAGES:
ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.
AZURIX: No Scheduled Outages.
EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.
EDI SERVER:   SEE ORIGINAL REPORT
EES:  SEE ORIGINAL REPORT
ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages
ENRON NORTH AMERICAN LANS:   ALSO SEE ORIGINAL REPORT
Impact:  CORP
Time:  Fri 9/28/2001 at  5:00:00 PM CT thru Sun 9/30/2001 at  10:00:00 PM CT
Fri 9/28/2001 at  3:00:00 PM PT thru Sun 9/30/2001 at    8:00:00 PM PT
Fri 9/28/2001 at 11:00:00 PM London thru Mon 10/1/2001 at  4:00:00 AM
Outage:  Update WINS Entries on all Servers in Calgary
Environments Impacted:  Corp Calgary
Purpose: New  WINS Servers as per Keith Meurer
Backout:
Contact(s): 	Greg Hibbert    403-974-6700
FIELD SERVICES:  No Scheduled Outages.
INTERNET: No Scheduled Outages.
MESSAGING: No Scheduled Outages.
MARKET DATA: No Scheduled Outages.
NT: No Scheduled Outages.
OS/2:  No Scheduled Outages.
OTHER SYSTEMS: No Scheduled Outages.
SITARA:  No Scheduled Outages.
SUN/OSS SYSTEM: No Scheduled Outages.
TELEPHONY: No Scheduled Outages
TERMINAL SERVER:  No Scheduled Outages.
UNIFY:  No Scheduled Outages.
-----------------------------------------------------------------------------------------------------------------------------
FOR ASSISTANCE
(713) 853-1411   Enron Resolution Center
Specific Help:
Information Risk Management			(713) 853-5536
SAP/ISC                                                                               (713) 345-4727
Unify On-Call 					(713) 284-3757  [Pager]
Sitara On-Call					(713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS			(713) 639-9726  [Pager]
OSS/UA4/TARP				(713) 285-3165  [Pager]
CPR						(713) 284-4175  [Pager]
EDI Support 					(713) 327-3893  [Pager]
EES Help Desk					(713)853-9797 OR (888)853-9797
TDS -Trader Decision Support On-Call                    (713) 327-6032 [Pager]


Bryant and Tom--
Term deal #VC3697 (Sitara deal #'s 1064276, 1064290, and 1064301) were all originally executed with Alcoa, Inc. on 5/25/01.  Subsequently, these deal was approved by Credit because the deal fit under Alcoa's credit profile.  This deal was recently moved to PACE  Global Energy Services, LLC.  Credit has not been approved for PACE, nor do we have any financial information on PACE.  As a matter of fact, the little information that we have for PACE is not positive at all.
No new deals should be executed with PACE Global Energy Services, LLC until credit has reviewed and assessed a credit line, etc.
I have asked Deal Validation to have these deals moved back to where they were originally booked to (Alcoa, Inc.).  If you have any questions or any information on PACE, you can give me a call at x6-6002.
Thanks,
Veronica Espinoza


THE ENRON BODY SHOP FALL FIESTA
Member Appreciation Day
Wednesday, September 26th
Congratulations Member Appreciation Day Drawing Winners
(1) Case of Ozarka Natural Spring Water
Jerald Surface & Tory Bracy
Travel Bags
Martin Soto, David Easterby, Nancy Carpenter, Laura Valencia, Cheryl Laster, Rick Waddell, Rebecca Watkins
Stop by the Body Shop Office Managers Office during the week of October 1st between the hours of 9am - 4pm to pick up your prizes.
Did You Know? - Test Your Knowledge Hydration Quiz Answers
We'd Like Your Feedback!  - Member Evaluation Form
Please complete the attached form, return it to the Body Shop Reception Desk before Wednesday, October 3rd,
and your name will be entered in the drawing for a complimentary One Hour Massage.


The report named: CE P/L
, published as of 09/28/2001 is now available for viewing on the website.