mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com is the unsubscribe address for $subst ('Recip.EmailAddr') This email contains both the web and text version. The text version is located at the very end of the newsletter. The web version is available to Outlook users and will take a minute to appear.
If you can not view this email visit  for today's power & natural gas prices & news. ----- Pure Text & Lotus Users subscribe to the pure text version by clicking
Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
Friday, September 28, 2001 No. 835
Visit our website at:
For Oil Prices & News write enerfaxgold-subscribe@egroups.com
or go to
PHYSICAL NATURAL GAS PRICES
Gulf/Eastern Region
| Agua Dulce | 1.78 |
| ANR SE | 1.87 |
| Carthage TG | 1.85 |
| Chicago Citygate | 1.94 |
| Columbia Gulf Onshore | 1.86 |
| Dominion South Point | 2.18 |
| Henry Hub | 1.89 |
| Houston Ship Channel | 1.89 |
| Katy Hub | 1.84 |
| NGPL - Midcontinent | 1.74 |
| NGPL STX | 1.86 |
| NGPL TX/OK | 1.85 |
| NNG Demarc. | 1.80 |
| Niagara | 2.21 |
| Sonat Tier 1 | 1.90 |
| TCO IPP Pool | 2.24 |
| Tetco ELa | 1.93 |
| Tetco M-3 | 2.19 |
| Tetco STX | 1.87 |
| TGP Zone 0 | 1.86 |
| TGP Zone 1 500 Leg | 1.96 |
| TGT Zone SL | 1.86 |
| New York Citygate | 2.24 |
| Transco Station 65 | 2.10 |
| Transco Zone 6 (NY) | 2.25 |
| Trunk ELa | 1.86 |
| Western Region
| California Border | 1.79 |
| El Paso Permian | 1.66 |
| El Paso San Juan | 1.35 |
| Waha Hub | 1.69 |
| Canadian/Rockies Region
| Nova/Aeco (C$/gig) | 2.16 |
| Dawn Hub/Union | 2.19 |
| Northwest Stanfield | 1.52 |
| Wyoming Pool | 1.38 |
| Opal/Kern River | 1.37 |
| PGT-Malin | 1.54 |
| Sumas | 1.46 |
Flow Dates 09/28-30
---------------------------------------------
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
or visit
--------------------------------------------
NATURAL GAS FUTURES
Henry Hub
12 Month Strip 2.7675
18 Month Strip 2.9098
| Month | High | Low | Close | Change |
| NOV | 2.300 | 2.210 | 2.253 | +0.000 |
| DEC | 2.670 | 2.595 | 2.624 | -0.009 |
| JAN | 2.865 | 2.800 | 2.826 | -0.009 |
| FEB | 2.860 | 2.800 | 2.826 | -0.009 |
| MAR | 2.830 | 2.770 | 2.794 | -0.011 |
| APR | 2.780 | 2.720 | 2.736 | -0.014 |
| MAY | 2.805 | 2.740 | 2.761 | -0.014 |
| JUN | 2.860 | 2.790 | 2.813 | -0.014 |
| JUL | 2.895 | 2.840 | 2.858 | -0.015 |
| AUG | 2.930 | 2.890 | 2.899 | -0.014 |
| SEP | 2.930 | 2.880 | 2.899 | -0.012 |
| OCT | 2.950 | 2.910 | 2.921 | -0.010 |
-------------------------------------------------------------
Natural Gas Futures End Flat
Natural gas futures for November delivery on the NYMEX went nowhere yesterday, failing to break above $2.30 per MMBtu and settling at $2.253 per MMBtu, unchanged from Wednesday. Trading was thin as many traders were out of the ring for a religous holiday. On the positive side, the first month of the winter strip's support held at $2.21 per MMBtu and did not gravitate toward the October futures expiration or physical prices, as volatility has absolutely fled the market. The December contract lost $0.009 to $2.624 per MMBtu, trading within a narrow $0.075 range. So attention remains fixed on the $0.42 differential between the October expiration and the November contract. With $2.21 setting up to be a pivotal support level, a breakdown below $2.20 could be deemed a failure. If the market sees no strength today ahead of a low-demand weekend, expect another sell-off ahead of what happened last Monday when the October contract sold down $0.20 to 30-month lows. Extremely bearish fundamentals remain in place, from weather, to storage, to lack of industrial load and hurricanes. So look for the November contract to trade downward in the next few days in an effort to resolve that high spread. However, trading for today into the weekend remains a tough call as the market has not shown a willingness to go anywhere lately. Next week, the NYMEX extends energy trading from 10 AM to 2 PM EDT, except for Wednesday, which will trade 10 AM to 2:30 PM to accommodate trading after the AGA storage report. The latest NWS forecast for next week calls for below normal weather for the Eastern half of the US, from Texas into the Northeast, and above normal in most of the West. Natural gas for next day delivery across the US was generally flat to $0.05 lower yesterday. Canadian spot prices were up $0.05 $0.10 per MMBtu. Natural gas for next day delivery at the Henry hub dipped $0.01 to $1.89 per MMBtu.
-------------------------------------------------------------
RISK MANAGEMENT
Across the Energy Enterprise
e-Acumen, Inc., is uniquely positioned to help you manage risk and
increase value. That's because our analytics, data and applications
cover all strategic aspects of the energy enterprise, from short-term
forecasting to comprehensive risk analysis and portfolio optimization,
to asset valuation and weather risk management. Dedicated to the needs
of energy and trading companies in a dynamic and competitive world, our
approach combines best-in-class physical fundamentals with
industry-leading statistical methodologies.
e-Acumen is a venture-backed company founded in January, 1997. Since
then we have listened attentively to the market and assembled a stellar
cast of seasoned energy industry professionals and Silicon Valley
technologists. Join us as we help the industry continue its path toward
liquidity and profitable, risk-managed growth in the exciting years
ahead!
Click here
to find out more about current special offers, or go to
---------------------------------------------------------
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 623
01DEC 0
02JAN 95
02FEB 0
02MAR 50
02APR 2
02MAY 0
02JUN 0
02JLY 0
02AUG 0
02SEP 2
02OCT 0
02NOV 0
02DEC 9
03JAN 5
03FEB 0
03MAR 0
03APR 2
03MAY 0
03JUN 0
03JLY 0
03AUG 0
03SEP 0
03OCT 0
-----------------------------------------------------------
GET REAL about energy risk management with KWI
In today's fast moving energy markets you need to be able to manage risk in real time.
That means knowing before you hit a risk problem, not afterwards when it may be too late to prevent big losses spreading right through your enterprise.
With kW3000(tm), our multi-commodity, integrated front to back office software, you can monitor your Profit At Risk(tm), counterparty risk and mark-to-market all in real time.
Keep alert to risk. Do it in real time. Call KWI -Americas: +1-281-681-3301 / Europe: +44 (0) 20-7386-2700 / Asia Pacific:
+61(0) 2-9976-6111
--------------------------------------------------------------
Natural Gas Options
| | Closing | Days | Implied ATM |
| Month | Price | Left | Volatility |
| NOV | 2.253 | 31 | 73.24% |
| DEC | 2.633 | 63 | 65.30% |
-----------------------------------------------------------
ENERGY.
@ENERGY, FEA's Complete Suite of Energy Products,
BUILT FOR THE FUTURE.
*Manage all your energy risks.
*Build and Price deals.
*Value physical assets (generation, storage, etc.)
*Report and reduce your energy risks
FEA
FINANCIAL ENGINEERING ASSOCIATES
main phone number: 1 510-548-6200
email address: info@fea.com
---------------------------------------------------
PHYSICAL POWER PRICES
| | High | Low | Average |
| | $/MWh | $/MWh | $/MWh |
| Cinergy | 17.85 | 16.50 | 17.60 |
| ECAR | 20.00 | 18.85 | 19.50 |
| ERCOT | 17.00 | 15.50 | 16.70 |
| Entergy | 17.10 | 16.25 | 16.55 |
| TVA | 21.95 | 20.65 | 21.05 |
| ComEd | 17.20 | 15.05 | 16.10 |
| Nepool | 32.25 | 31.10 | 31.65 |
| PJM West | 24.00 | 23.50 | 23.70 |
| Main | 17.90 | 16.00 | 17.15 |
| MAPP | 17.15 | 15.25 | 16.30 |
| Palo Verde | 25.50 | 23.00 | 24.90 |
| Mid C | 19.00 | 18.25 | 18.65 |
| COB | 20.50 | 19.75 | 20.30 |
| 4 Corners | 24.75 | 23.75 | 24.25 |
| Mead | 25.00 | 24.00 | 24.40 |
| NP 15 | 20.50 | 19.75 | 22.25 |
| SP 15 | 23.00 | 19.00 | 21.55 |
---------------------------------------------
NESA
National Energy Services Association
Contact us at 713/856-6525
--------------------------------------------------------
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
* San Juan Coal Fired 498 MW Unit 4 Power Plant in New Mexico Returns to Service
* BP and Cinergy Add New 570 MW Power Plant at Texas City Refinery
* Moody's Rates Idaho Power Credit A3
* S&P May Cut Reliant Resources Ratings
* Moody's May Raise Orion Power Ratings
* Merrill Lynch Raises Investment Rating on Massey Energy to Buy from Accumulate 2 Days After Coal Producer Lowers 4th Quarter Estimates
* Ballard Announces Commercial Launch of Portable Nexa TM Power Module
* Millennium Cell to Demonstrate Fuel System with New Ballard Nexa Fuel Cell at Hydrogen Expo in Germany
* Westmoreland and Montana-Dakota Utilities Sign Agreement with North Dakota Industrial Commission for LV-21 Power Project
* Teledyne Energy Systems Completes Initial Testing of 3-Kilowatt Prototype Stationary Fuel Cell Power System
* Cinergy Announces Organizational Changes
-------------------------------------------------------
Reliant Acquires Orion
Reliant Resources will buy Orion Power Holdings for about $2.9 billion in cash. The deal will boost Reliants current generating capacity from 14,100 MW to 25,100 MW, either currently in operation or under construction. Orion operates primarily in New York, Ohio and Pennsylvania. The move will provide Reliant with some strategically placed assets in the transmission-challenged New York City market. Reliant will pay $26.80 per share for Orion, which is about a 40% premium based on its current NYSE price of $19.20 and would assume $1.8 billion of Orion's debt. The purchase will be paid for by cash on hand, $400 million of current credit and a new bridge loan of $1.6 - $1.8 billion. The acquisition would give Reliant a $7.7 billion market capitalization. With deregulation and growing demand for power, it is estimated that at least 180,000 MW of generation capacity will be needed in the US by 2002. The onset of the retail power market resulted in 16% of the nation's generation capacity changing hands, and the other 84% may change ownership over the next 10 years.
--------------------------------------------------------
Todays Gas Bulletins
* Duke Maintains 2001 Earnings Forecast of 10% - 15% Higher than Last Years $2.10 per Share
* Sasol Chevron Still Waiting for Australian Government Support for Proposed Multi-Billion Dollar Gas-to-Liquids Plant
* Canadian Energy Shares Rebound Pacific Gas and Electric Expects Natural Gas Prices to Decrease More than 50% Over Last October
* El Paso Energy Partners Extends Expiration Date of Exchange Offer Relating to 8.5% Senior Subordinated Notes Due 2011
* ANWR Exploration Gains Support as Need for Energy Policy is Top Issue
* Westcoast Energy Converts Preferred Shares
* Sasol to Spend $1 Billion Over the Next 2 Years as Part of Growth Plan
-------------------------------------------------------
Energy Sponsor
Become the Official Sponsor of the Enerfax Publications. This unique opportunity is limited to one special company or organization. For more information please write
sponsor@enerfax.com
This advertisement will be viewed over 5 million times during the year. It will be seen on our web and in the 20,000 emails sent out each business day. A 3x 4.5 ad space or banner on the web which includes 15 lines in the text versio, begins at $1000 for the entire month. Write Advertise@enerfax.com
-------------------------------------------------------
SUNGARD
Solutions for Success in Energy Trading
Epsilon and Panorama Energy
Risk and complexity are inevitable components of every trading transaction within today's volatile energy market. Having the right tools to manage and control those risks has become a determining success factor. SunGard provides those tools with Epsilon and Panorama Energy - comprehensive solutions designed to create measurable competitive advantages for energy trading organizations and utility companies worldwide.
To receive more information or a free demonstration, we invite you to contact us at 713-266-7771 or visit our web site at
--------------------------------------------------------
Former Trinity CEO Pleads Guilty
Sidney Sers, Trinity Gas former chief executive, has pled guilty to money laundering and obstruction of justice charges and could face life in prison and a $15 million fine. Sers admits to transferring $800,000 made in violation of 1997 and 1998 court orders. The charges stem from a SEC probe of Sers and Trinity. Both were charged with bilking investors out of millions of dollars by issuing a number of false and misleading statements intended to boost the company's shares, allowing officers to sell stock at inflated prices. A sentencing date has not yet been set. Sers transferred Trinity shares to a Cayman Island bank account from a Louisiana account bearing his daughter's name. He admitted laundering those proceeds to Columbia, where he lived as a fugitive in 1998. He also admitted converting $100,000 into cashiers checks.
--------------------------------------------------------
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
--------------------------------------------------------
Exelon Lowers 3rd Quarter Earnings Forecast
Exelon said 3rd quarter profit will be about 25% below forecasts due to lower demand for electricity. With the downturn in the nations economy, electricity usage by manufacturers has dropped, and with milder temperatures than expected, air conditioning use slumped during the summer. Exelon was formed when Peco Energy merged with Unicom. The company's ComEd and Peco Energy utilities have about 5 million electricity customers in northern Illinois and southeastern Pennsylvania. Peco also sells natural gas to 425,000 customers in the Philadelphia area. Since Exelon has few plants that burn natural gas, it has not been able to take advantage of falling prices. Exelon expects to earn $1.10 to $1.20 per share, lowered from predictions of $1.35 to $1.80 per share. Analysts had forecast a profit of $1.57. Exelon stock fell $5.95 to $44.50, dropping about $1.9 billion from its market value. Its shares have dropped 37% this year.
--------------------------------------------------------
ZIFF ENERGY GROUP: NEW INDEPENDENT STUDY
NORTHERN GAS
PROSPECTS and IMPACTS
Ziff Energy Fundamental Analysis + Scenario Analysis utilizing GPCM
Model
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.
? Timing and volume scenarios for these new deliveries
? Impact on North American Markets - target markets
? Pipeline Infrastructure: Flow Dynamics - Capacity Needs
? Critical Regulatory Issues
? Impact on key North America Gas Prices.
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
1-888-736-5780 e-mail to: rford@ziffenergy. or
Bill Gwozd in Calgary at 1-800-853-6252 e-mail to: bgwozd@ziffenergy.com
Visit our website at
http://
to preview our marketing brochure.
----------------------------------------------------------
Williston Basin Plans New Pipeline
Williston Basin Interstate Pipeline plans to file for FERC approval to build 245 miles of 16-inch natural gas pipeline across parts Wyoming, Montana and North Dakota. The pipeline, expected to begin north of Gillette, Wyoming and end south of Killdeer, North Dakota, initially would be capable of transporting from 80 - 120 MMcf per day. Additional transportation capacity could be added incrementally as natural gas production grows. Initially, the pipeline is expected to have 3 large compressor stations - one on the south end of the route in Wyoming, another in eastern Montana and the third in North Dakota. Additional transportation capacity through the pipeline can be made available by adding more compression facilities. The pipeline would transport volumes from developing coal-bed and conventional natural gas production in central Wyoming and south central Montana to interconnecting pipelines that will transport it to large Midwestern markets. The selection of the pipeline's route is nearly complete and initial surveying work has begun. After FERC approval, construction could begin in third quarter of 2002, with transportation service slated to begin in late 2002.
--------------------------------------------------------
YOU DESIGNED IT. WE BUILT IT.
ZaiNet GasMaster II
Today's most comprehensive gas trading, scheduling and accounting system.
CAMINUS
Your Competitive Edge in Energy
Call us at (212)515-3700 or visit us at the website
-------------------------------------------------------
Gulf of Mexico Natural Gas Volumes Declining
The Gulf of Mexico will remain an important source for natural gas, but is unlikely to meet projected soaring demand in the next few years. Since the mid-1980s the focus has shifted increasingly to deeper waters which yield more oil than natural gas. While the shallow water of the continental shelf contain twice as much natural gas as oil, that is reversed in water depths of 1,000 feet or more. The National Petroleum Council forecasts annual demand will rise to 29 Tcf by 2010 from about 23 Tcf now. According to the MMS, natural gas production in the Gulf of Mexico has fallen steadily from a peak of 5.14 Tcf in 1997 to 4.9 Tcf in 2000. During that period ,deepwater natural gas production actually rose to 980 Bcf from 380 Bcf, but not enough to offset the larger drop in shallow water production. The MMS forecasts a wide range of possibilities for the future, with total Gulf of Mexico output possibly falling up to 16% by 2005 or rising as high as 24%. In an effort to increase production, the MMS has introduced royalty relief for companies that drill very deep wells in the shallow waters. Although the shallow waters have been thoroughly explored, very few wells have been drilled to 15,000 feet or deeper. The MMS estimates there could be up to 20 Tcf of recoverable reserves of deep wells. The Rocky Mountain region and Canada represent the best opportunities to increase natural gas supplies, possibly sustaining annual demand of 24 Tcf. But much of the estimated 177 Tcf in the Rockies is off-limits to drilling.
-----------------------------------------------------
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
or log on to
and select "Become a Member" under the Jobseeker header.
--------------------------------------------------------
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 14.62 points to 6669.45
The CRB Index increased 0.61 points to 191.18
The US Dollar advanced 0.91 points to 113.26
The Dow rose 112.58 points to 8681.42
The S&P 500 gained 11.57 points to 1018.61
The Nasdaq was down 3.33 points to 1460.71
September NYMEX Crude Oil rose 0.36 to 22.74
Canadian-US Exchange climbed .0064 to 1.5793
------------------------------------------------------
Please welcome our advertisers by visiting these websites.

Enerfax Daily is North America's gas and power information source. it is sent to you free of charge. Enerfax Daily may be copied and redistributed in its entirety to all interested energy professionals.Please e-mail us at subscribe@enerfax.com
. with the e-mail addresses of other energy professionals that would like to be added to Enerfax Daily's growing distribution list of thousands of energy professionals in the US and Canada, or to be removed. The information contained herein was obtained from sources which Enerfax Daily believes to be reliable, but does not guarantee its accuracy. Your support of our advertisers is greatly appreciated and will keep Enerfax Daily free. Thank you. Your comments are welcome.
For information on advertising, please write to advertise@enerfax.com
enerfaxrules
To subscribe to the Oil & Gas News write enerfaxgold-subscribe@egroups.com To delete tdonoho@enron.com To unsubscribe send a blank mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com Or forward this email to web@enerfax.com & the webmaster will remove your name.


This weekend marks the first employee move into our new office building, Enron Center South.
Approximately 400 Enron Global Markets employees will occupy the building's 3rd floor next Monday.  In the ensuing six weeks another 1,500 employees from Enron Industrial Markets, Enron Net Works, and our Power and Gas Marketers will follow, occupying levels 4, 5, and 6.
We know all employees are curious to experience this exciting new space.  HOWEVER, since Enron only has an occupancy permit for these specific floors, including limited access corridors from the skywalk, we ask that:
ONLY EMPLOYEES WHO ARE ASSIGNED OFFICE SPACE IN THE NEW BUILDING AND EMPLOYEES WITH STRICT BUSINESS NEEDS TO ACCESS OCCUPIED SPACE ARE PERMITTED TO BE IN THE NEW BUILDING.
Your compliance is appreciated and will assist in our ability to effectively conduct business by not over crowding newly occupied areas with visitors.  In addition, the balance of the building remains under construction and employees are strictly prohibited from entering these areas.
We are planning an open house in late Nov. or early Dec. so that every employee has the opportunity to see for themselves what is truly a world class commercial trading environment.  Thank you for your cooperation.
Office of the Chairman


Ken Lay has a special video message for you about the Sept. 11 tragedy.  Please go to "Up Front" at
to access it.  An audio option and transcript are available for employees who cannot access the video.
"Up Front" will feature open, honest and timely video messages from the Office of the Chairman and Enron management about what's going on around the company.
If you encounter technical difficulties, please contact your IT technical support representative.


All LIM MIMIC & Excel Add-in Users within Enron,
This past week LIM software was upgraded to reflect LIM latest versions.  If you are experiencing problems with MIMIC or the XMIM Excel Addin, please restart your machine for the latest changes to take effect, then follow the instructions for your specific application.
MIMIC:
Under Start > Programs > Business Applications > LIM, Use the latest MIMIC version which is MIMIC 1.2.7
Excel Addin:
Please reinstall your add-in, running the XMIM Excel User (installation) under Start > Programs > Business Applications > LIM
If problems persist, please contact the Enron - LIM Helpdesk at extension 33923 or 713-853-3923.


---------------------- Forwarded by Donnie Myers/NA/Enron on 04/24/2001 09:13 AM ---------------------------
Dan Masters@ECT
04/12/2001 03:36 PM
To:	Tammy Gilmore/NA/Enron@ENRON
cc:	Diane Ellstrom, Donnie Myers/NA/Enron@ENRON
Subject:	Re: Gas at Trunkline Lake Charles
Tammy-
Since I never heard back from you I assume this is agreeable to you as well.  Please respond one way or the other so we can get the books closed.
Thanks,
Dan Masters
---------------------- Forwarded by Dan Masters/HOU/ECT on 04/12/2001 03:28 PM ---------------------------
"Debbie A. Bradbury"
on 04/09/2001 07:52:30 AM
To:	"Dan.Masters"
cc:
Subject:	Re: Gas at Trunkline Lake Charles
That would be fine with me to settle up in January, 2002. Thanks.
Dan.Masters@enron.com on 04/06/2001 05:43:24 PM
To:   Tammy.Gilmore@enron.com
cc:   "Debbie A. Bradbury"
Subject:  Re: Gas at Trunkline Lake Charles
The sendout for that April 16 delivery on the "Hoegh Galleon" begins on May
1, then is ratable through January 31, 2002 on the rest (5 more) of the
"Hoegh Galleon" cargoes.  I would be in favor of settling up at the end of
January for all 6 cargoes since we'll have overage/underage every month.
Let me know what you think.
Dan
(Embedded
image moved
to file:      From:  Tammy Gilmore
pic26173.pcx) 04/06/2001 02:40 PM
To:   "Debbie A. Bradbury"
cc:   Dan Masters/HOU/ECT@ECT
Subject:  Re: Gas at Trunkline Lake Charles  (Document link: Dan Masters)
Trunkline just called me to tell me that we received 16,595 mmbtu too much
from LNG in the month of March.   There is another ship due to come in on
April 16th.   Trunkline has suggested that we take 16,595 less then what we
are expecting, in order to make up for the March imbalance.
"Debbie A. Bradbury"
on 04/06/2001 02:07:43 PM
To:   "Dan.Masters"
cc:   "Tammy.Gilmore"
, "ghughes"
Subject:  Re: Gas at Trunkline Lake Charles
Here is a spreadsheet showing your ending balance as of 3/31/01.
(See attached file: enron1lng.xls)
Dan.Masters@enron.com on 04/03/2001 01:08:52 PM
To:   Tammy.Gilmore@enron.com
cc:   ghughes@cmsenergy.com, dabradbury@cmsenergy.com,
jeo'leary@cmsenergy.com
Subject:  Re: Gas at Trunkline Lake Charles
Tammy-
Following up on the email below, I show that between the two cargoes we
delivered, Enron LNG Marketing will be billing Enron North America for a
total of 5,759,994 MMBtu on our various contracts.  CMS Trunkline delivered
5,776,300 MMBtu of gas through the pipeline, or 16,306 MMBtu excess. This
16,306 MMBtu is to be handled directly between Trunkline and Enron North
America.
Please let me know if you disagree with any of these figures.
Dan
Dan Masters
02/28/2001 04:44 PM
To:   Tammy Gilmore/NA/Enron@ENRON
cc:   ghughes@cmsenergy.com, dabradbury@cmsenergy.com
Subject:  Gas at Trunkline Lake Charles
Tammy-
I never heard back from Jim O'leary at Trunkline, but just to make sure we
are on the same page I wanted to confirm our quantities for this month.
From the "LNG Jamal" you should get 3,104,896 MMBtu total in March.  Please
have the contract for the last 51,396 MMBtu faxed to me at 713-646-6560.
From the "Matthew" you should get 2,720,000 MMBtu total in March.  This
number is approximate and will change to an exact number after arrival of
the "Matthew" around Mar 10, however I undertand the gas will be delivered
starting March 1 from Trunkline.
After we get the exact figure from the discharge of the "Matthew" I will
send out another email to show the total amount you will receive from us in
March.  Any quantities over or under this amount should be reconciled
between Enron North America and Trunkline.
Thanks and regards,
Dan Masters
(See attached file: enron1lng.xls)
(See attached file: pic26173.pcx)
(See attached file: enron1lng.xls)
- pic26173.pcx
- enron1lng.xls


In preparation for the new Travel Center that will coincide with the opening of Enron Center South,  Travel Agency in the Park (TAP) will be consolidating its two Enron locations. Effective Friday, September 28, 2001 the 3 Allen Center office will be closing. If you currently pick up tickets and/or e-ticket receipts in 3 Allen Center, Suite 150, beginning on October 1, 2001 please pick up your tickets at the TAP location on the third floor in the Enron Building.
Sam Zeidan and David Lewis will still be available for all of your visa and passport needs. Leslie Speck will also continue to serve as the Customer Service Manager for Enron.
Their new telephone numbers are as follows.
Sam Zeidan and Leslie Speck - 713-860-1100
David Lewis - 713-853-4801
Thank you for your patience during this short transition. Please be assured that you will still receive the same exceptional ticketing, visa and customer service you have received in the past.


I am pleased to announce that the Enron Board has elected Paula Rieker as corporate secretary, effective immediately.  She will replace Rebecca Carter, who has served in that role since 1999.  Paula will have dual reporting responsibility to me and to Jim Derrick, executive vice president and general counsel.
Paula joined Enron in 1990 and has experience in a variety of functions, including assistant treasurer for Enron Corp., vice president and chief financial officer of Enron Global Power & Pipelines, and vice president of Financial Initiatives in Accounting.  Most recently, she has been managing director of Investor Relations, where she has worked for the past four years.  Paula will continue in a dual role with IR through mid-October.  Paula has a bachelor's degree in finance from Texas A&M University, and she is a Certified Public Accountant.
Rebecca has been with the company for 11 years and served in a variety of capacities.  I want to thank Rebecca for her many years of service to Enron.  I am sorry she has decided to leave, but am grateful she will stay on through the end of January to ensure a smooth transition of her duties.
Please join me in congratulating Paula on her new responsibilities and in wishing Rebecca well in her future endeavors.


Last month all of your donations helped Enron raise a grand total of $6 million for the United Way, including our corporate match.  Once again Enron employees made a difference and contributed more than any other pacesetter company in Houston. Also, congratulations to Elaine Brown with Enron Global Markets who won the drawing for two round-trip airline tickets for participating in this year's campaign.  Thanks to everyone at Enron for your generosity!
This week Enron and the United Way of the Texas Gulf Coast have entered in to yet another exciting partnership. Beginning with the Astros vs Giants game on Tuesday, October 2, one of Enron's primary signs at Enron Field will feature the United Way logo alongside the Enron logo.
The decision to include United Way's logo on the sign marks the first time in history that a naming rights partner is sharing exposure on one of its primary in-stadium signage locations with a non-profit partner.  This sign is also a free, innovative way to demonstrate Enron's support of the United Way and promote the agency's role in our community.
The millions of fans who attend Astros games each season will see the sign.  Be sure to look for this history-making sign hanging high above the outfield.


As the United States begins to recover from the tragic events of September 11, it is important that Enron and its employees also begin the task of returning to "business as usual."   As a company with a global presence, returning to normal business practices necessarily involves travel.
The FAA has already implemented strengthened security measures for U.S. airports and air carriers to ensure air transportation is safe, secure, and ready to meet the needs of the traveling public.  We encourage all employees to return to their regular travel schedules.
We have no reason to believe that international travel is inherently unsafe at this time, although we strongly recommend -- in conjunction with the U.S. Department of State -- that all travel to Afghanistan, Yemen, Pakistan, Indonesia, Iran, Iraq, Sudan, Somalia, Tajikistan, Turkmenistan, Georgia, and the Kyrgyz Republic be canceled.  In addition, we recommend that planned travel to Egypt, Israel, Gaza/West Bank, Jordan, Lebanon, Saudi Arabia, Syria, and Algeria be very carefully considered.
Employees planning international travel can find updated security information on their country of destination on  under the "International Travel" section of the Corporate Security website.
All U.S.-based employees should continue to make their travel arrangements through Travel Agency in the Park at (713) 650-8080 or (800) 962-0248. Other employees should contact their local travel agency for assistance.


------------------------------------------------------------------------------------------------------
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:
Impact:  CORP
Time:  Sat 9/29/2001 at  6:00:00 PM CT thru Sun 9/30/2001 at  3:00:00 AM CT
Sat 9/29/2001 at  4:00:00 PM PT thru Sun 9/30/2001 at  1:00:00 AM PT
Sun 9/30/2001 at  12:00:00 AM London thru Sun 9/30/2001 at  9:00:00 AM London
Outage:  Upgrade EDINET
Environments Impacted:  Corp
Purpose: Improve reliability, performance, and increase information output.
Backout: 1. Switch IP DNS Entries for the Corp Domain for edinet.enron.com and ecnet.enron.com back to the original state
2. Restore database tables for edi_hub systems.
3. Switch IP DNS Entries for the Corp Domain for edinet.enron.com and ecnet.enron.com.
4. Save old code and script changes and install new code and configure new code from edi_qa.
Contact(s): 	John Kratzer  713-345-7672  713-318-4746
Jack Metkus  713-853-0362  713-288-0743
EES:
Impact:  EES
Time:  Fri 9/28/2001 at  5:00:00 PM CT thru Fri 9/28/2001 at  9:00:00 PM CT
Fri 9/28/2001 at  3:00:00 PM PT thru Fri 9/28/2001 at  7:00:00 PM PT
Fri 9/28/2001 at  11:00:00 PM London thru Sat 9/29/2001 at  3:00:00 AM London
Outage:  OMS
Environments Impacted:  EES
Purpose: Scheduled, bundled enhancements (new release) for OMS/Origination users
Backout: Restore previous version
Contact(s): 	Niraj Patel  713-345-5598
Sherri Zeiler  713-345-5440
ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages
ENRON NORTH AMERICAN LANS:
Impact:  ENA
Time:  Fri 9/28/2001 at  6:30:00 PM CT thru Fri 9/28/2001 at  7:00:00 PM CT
Fri 9/28/2001 at  4:30:00 PM PT thru Fri 9/28/2001 at  5:00:00 PM PT
Sat 9/29/2001 at  12:30:00 AM London thru Sat 9/29/2001 at  1:00:00 AM London
Outage:  Move Calgary off AT&T link and move to Worldcom
Environments Impacted:  ENA
Purpose: Enron Global Contract Change away from AT&T
Backout: Move back to AT&T link until further testing can be done.
Contact(s): 	Garhett Clark    713-345-9953
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]


PrincetonLive.com
is proud to announce its newest web-
based training course on hedging...
Tracking Correlation RiskTracking Correlation Risk
Ready to move up to a more advanced hedging experience? Meet Portia Bentley, champion race car driver and expert at negotiating tricky twists and turns - on the track and in the portfolio. Join Portia at the track and learn what correlation risk and basis risk are and how they affect hedging, the language, hedge efficiency and hedge ratio, forecasting and best practices.
Additional courses on our path to competency in hedging
include:
A Guided Tour of Commodity Derivatives
Back to the Futures
Options Always Die
Charting a Course through Commodity Risk
All Aboard the Hedge Express
Forwards and Swaps from the Flight Deck
Hedging with Futures and Options
Understanding the Value-at-Risk Concept
For details on our path to competecy in hedging or general information please:
email - info@princetonlive.com
tel - USA (609) 520-9099 ext. 131
UK +44 1865 250 521
PrincetonLive.com is the blue level of  The Oxford Princeton Programme
_____
You are receiving this e-mail as a past delegate or contact of PrincetonLive.com. If you would rather not receive e-mail updates in the future or have any questions, please respond to: news@oxfordprinceton.com


Tom:
you'll love this one


As the November elections approach, I encourage everyone to exercise your right to be heard and to make a difference through your vote.  To do so, you'll need to have a valid voter's registration.  If you do need to register, please visit your county's website or call your county election officials to learn the procedures and timing.
For Houston-based employees:
The deadline for voter registration in Texas is October 9.  Voter registration forms are available at the InfoZone in the lobby, but if you choose to mail your form please allow enough time for the postal service to deliver your form.  See the following list if you need to obtain election information pertaining to Harris and surrounding counties.  As the election date nears, Harris county voters' guides will be available at the InfoZone in the lobby.
Harris		713-368-2309
Montgomery	936-539-7843
Waller		979-826-7643
Brazoria	979-864-1320
Fort Bend	281-341-8670
Liberty		936-336-4629
Chambers	409-267-8301
Galveston	409-766-2280


The report named: CE P/L
, published as of 09/26/2001 is now available for viewing on the website.


Communicating Across Differences - October 10, 2001
DoubleTree Hotel - DeZavala
8:00 am - 12:00 pm          Cost:  $350
This course focuses on using the world's most powerful personality profile, the Myers-Briggs Type Indicator (MBTI) to learn to communicate and work with people whose personalities and communication styles are different from your own.  It begins from the foundation of understanding your own personality and communication approach, then moves to applying that knowledge to improve communication with others.  One of the additional tools used in this course is the "MBTI Work Styles"-which explores in detail how personality differences affect people's approach to work and communication.
The program is highly interactive, with exercises and activities that enable participants to truly experience how human personality impacts people's communication, priorities, decision-making, and work style.  It is also highly practical, focusing on maximizing successful business outcomes through effective communication.
Achieving Results Through Coaching - October 10, 2001
DoubleTree Hotel - DeZavala
1:00 pm - 5:00 pm          Cost:  $350
This course uses a classic competency model, as well as a powerful assessment of interpersonal communication style, called the FIRO-B, as a foundation for coaching.  It teaches the coach to think himself or herself back through their own learning stages in order to coach others effectively.  It also teaches participants to recognize the different stages where the various people they coach might be and adapt their coaching style as employees move from stage to stage.  It also helps participants understand their own interpersonal communication style, through the FIRO-B, and learn to leverage it for greatest effectiveness as a coach.
Participants will create coaching action plans for use with employees.
For registration, please login to our website  "Management/Leadership"    If you have problems registering or have any questions, please call 713-853-0357.


Hello All -- Attached is a memo highlighting the issue areas covered by staff at the ICC meeting in Chicago yesterday.  If you have any questions feel free to call.  It was strange to hear Tom Kennedy say that staff supports reasonable hedging practices and forward contract purchases while sitting next to Zuraski who opposed recovery of same in the PGLC fixed price docket.  Incidentally, Tom Kennedy noted several times that hedging will not necessarily reduce prices but will stabilize them.


I believe Jeff Bartlet will be seeking your approval to the standstill provision in the above agreement.  I just wanted to make sure that you are aware that Enron Corp. as an affiliate of ENA would be bound by the provision, since (i) it will have access to the confidential information or (ii) if it takes any of the actions prohibited by paragraph 5 of that letter at the direction of ENA.  Please let me know if you have any questions about this.
Angela D. Davis
Enron North America Corp.
1400 Smith Street, EB3817
Houston, Texas 77019
Tel: (713) 345-8347
Fax: (713) 646-3393
e-mail: angela.davis@enron.com


Hi,
Previously I forwarded an email to you which contain a list of options products we are considering making markets in.
Many of you have asked for more details on these (exotic) options products.
In response to this request, I will be periodically forwarding modules to your attention which give further details on these options products.
Please do not hesitate to contact me if you have any questions, comments, etc.
Regards,
Iris Mack, MBA/PhD
Power Options Trading Desk
x3-6711


mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com is the unsubscribe address for $subst This email contains both the web and text version. The text version is located at the very end of the newsletter. The web version is available to Outlook users and will take a minute to appear.
If you can not view this email visit  for today's power & natural gas prices & news. ----- Pure Text & Lotus Users subscribe to the pure text version by clicking
Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
Wednesday, September 26, 2001 No. 833
Visit our website at:
For Oil Prices & News write enerfaxgold-subscribe@egroups.com
or go to
PHYSICAL NATURAL GAS PRICES
Gulf/Eastern Region
| Agua Dulce              | 1.86  |
| ANR SE                  | 1.91  |
| Carthage TG             | 1.90  |
| Chicago Citygate        | 1.97  |
| Columbia Gulf Onshore   | 1.92  |
| Dominion South Point    | 2.22  |
| Henry Hub               | 1.95  |
| Houston Ship Channel    | 1.97  |
| Katy Hub                | 1.92  |
| NGPL - Midcontinent     | 1.82  |
| NGPL STX                | 1.88  |
| NGPL TX/OK              | 1.89  |
| NNG Demarc.             | 1.88  |
| Niagara                 | 2.19  |
| Sonat Tier 1            | 1.92  |
| TCO IPP Pool            | 2.23  |
| Tetco ELa               | 1.98  |
| Tetco M-3               | 2.30  |
| Tetco STX               | 1.94  |
| TGP Zone 0              | 1.90  |
| TGP Zone 1 500 Leg      | 2.00  |
| TGT Zone SL             | 1.94  |
| New York Citygate       | 2.31  |
| Transco Station 65      | 2.06  |
| Transco Zone 6 (NY)     | 2.32  |
| Trunk ELa               | 1.87  |
| Western Region
| California Border       | 1.80  |
| El Paso Permian         | 1.71  |
| El Paso San Juan        | 1.30  |
| Waha Hub                | 1.78  |
| Canadian/Rockies Region
| Nova/Aeco (C$/gig)      | 2.55  |
| Dawn Hub/Union          | 2.16  |
| Northwest Stanfield     | 1.30  |
| Wyoming Pool            | 1.22  |
| Opal/Kern River         | 1.19  |
| PGT-Malin               | 1.45  |
| Sumas                   | 1.29  |
Flow Date 09/26
---------------------------------------------
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
or visit
--------------------------------------------
NATURAL GAS FUTURES
Henry Hub
12 Month Strip  2.7447  +0.0504
18 Month Strip  2.9106  +0.0583
| Month | High  |  Low  | Close | Change |
| OCT   | 1.970 | 1.880 | 1.925 | +0.015 |
| NOV   | 2.350 | 2.260 | 2.300 | +0.010 |
| DEC   | 2.730 | 2.650 | 2.690 | +0.030 |
| JAN   | 2.930 | 2.855 | 2.895 | +0.042 |
| FEB   | 2.925 | 2.860 | 2.893 | +0.048 |
| MAR   | 2.885 | 2.820 | 2.860 | +0.057 |
| APR   | 2.820 | 2.760 | 2.803 | +0.063 |
| MAY   | 2.850 | 2.810 | 2.828 | +0.063 |
| JUN   | 2.890 | 2.850 | 2.880 | +0.065 |
| JUL   | 2.940 | 2.890 | 2.926 | +0.067 |
| AUG   | 2.975 | 2.930 | 2.968 | +0.067 |
| SEP   | 2.980 | 2.930 | 2.968 | +0.063 |
-------------------------------------------------------------
Natural Gas Futures Up Slightly on Short-Covering
Natural gas for October delivery on the NYMEX ended the day up $0.015 to $1.915 as the market awaits the AGA storage data due out today. The November contract gained $0.025 to $2.30 per MMBtu. The market managed to recover partially from Monday's sell-off in active pre expiration trading. Much of the gain was due to a late session short-covering rally, and short term traders expect a nominally higher open today. The locals are still wanting to push prices lower to a target of $1.80. There is just a negative bias to natural gas, as well as all the energies right now. There is just no demand, and the long term weather forecasts are not promising. The October contract expires today and has lost 25% over the past 6 sessions. NYMEX continues to hold abbreviated floor trading sessions this week. The natural gas open outcry sessions runs from 10:30 AM to 1:45 PM EDT, except today when the close will be extended until 2:45 PM to allow trading after the release of AGA storage data about 2:00 PM. Look for and an injection of  70 - 80 Bcf to be reported for last week. A year ago inventories rose 77 Bcf, and on average over the last 5 years, stocks have gained about 72 Bcf this week. Total inventories of 2.757 Tcf are 432 Bcf, or 19% higher than a year ago, and 248 Bcf above the 5-year average. NOAA expects 25 CDDs for this week, which would be 7 below normal and 9 below a year ago, and could mean another large build in next week's AGA report relative to the year-ago figure, particularly with spreads to winter still encouraging injections. However, storage is about 87% full and will soon begin filling up. The latest National Weather Service forecast for early next month calls for below normal weather along the East Coast, extending into East Texas, and above normal from eastern California into the upper Plains. Natural gas for next day delivery across the US and Canada was generally flat to down $0.05 per MMBtu yesterday. Natural gas for next day delivery at the Henry hub dipped $0.05 to a new 22-month low of $1.94 per MMBtu.
-------------------------------------------------------------
RISK MANAGEMENT
Across the Energy Enterprise
e-Acumen, Inc., is uniquely positioned to help you manage risk and
increase value. That's because our analytics, data and applications
cover all strategic aspects of the energy enterprise, from short-term
forecasting to comprehensive risk analysis and portfolio optimization,
to asset valuation and weather risk management. Dedicated to the needs
of energy and trading companies in a dynamic and competitive world, our
approach combines best-in-class physical fundamentals with
industry-leading statistical methodologies.
e-Acumen is a venture-backed company founded in January, 1997. Since
then we have listened attentively to the market and assembled a stellar
cast of seasoned energy industry professionals and Silicon Valley
technologists. Join us as we help the industry continue its path toward
liquidity and profitable, risk-managed growth in the exciting years
ahead!
Click here
to find out more about current special offers, or go to
---------------------------------------------------------
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  |
------------------------------------------------------------
FERC ALJ Postpones California Deadline
A FERC ALJ has postponed until March 8th the deadline for issuing a report on whether California is entitled to refunds of $9 billion for wholesale power purchases when prices soared in the past year. The judge abandoned his earlier plan to issue a final report in November. The report's recommendations will be considered by FERC commissioners for any further action. Last July, the commissioners ordered a 45-day mediation period for California and the power suppliers to negotiate a compromise. But the clock will not start ticking for that 45-day period on December 7th, when all evidence has been submitted by the California ISO and the California PX, the judge said. He extended the deadline for finishing the case after agreeing to give the California ISO, and the now-defunct California PX more time to analyze market prices during the disputed refund period. The extension is needed by the California ISO to use a sophisticated computer model to analyze and calculate wholesale power prices from October 2000 through January 2001.
-----------------------------------------------------------
GET REAL about energy risk management with KWI
In today's fast moving energy markets you need to be able to manage risk in real time.
That means knowing before you hit a risk problem, not afterwards when it may be too late to prevent big losses spreading right through your enterprise.
With kW3000(tm), our multi-commodity, integrated front to back office software, you can monitor your Profit At Risk(tm), counterparty risk and mark-to-market all in real time.
Keep alert to risk. Do it in real time. Call KWI -Americas: +1-281-681-3301 / Europe: +44 (0) 20-7386-2700 / Asia Pacific:
+61(0) 2-9976-6111
--------------------------------------------------------------
Natural Gas Options
|       | Closing | Days | Implied ATM |
| Month |  Price  | Left | Volatility  |
| NOV   |  2.300  |  32  |   70.45%    |
| DEC   |  2.690  |  64  |   63.66%    |
-----------------------------------------------------------
ENERGY.
@ENERGY, FEA's Complete Suite of Energy Products,
BUILT FOR THE FUTURE.
*Manage all your energy risks.
*Build and Price deals.
*Value physical assets (generation, storage, etc.)
*Report and reduce your energy risks
FEA
FINANCIAL ENGINEERING ASSOCIATES
main phone number:  1 510-548-6200
email address: info@fea.com
---------------------------------------------------
PHYSICAL POWER PRICES
|            | High  |  Low  | Average |
|            | $/MWh | $/MWh |  $/MWh  |
| Cinergy    | 17.90 | 16.00 |  17.70  |
| ECAR       | 20.30 | 18.95 |  19.80  |
| ERCOT      | 19.00 | 17.75 |  18.00  |
| Entergy    | 17.40 | 15.50 |  16.95  |
| TVA        | 21.70 | 20.15 |  21.10  |
| ComEd      | 19.00 | 17.60 |  18.10  |
| Nepool     | 41.50 | 40.75 |  41.25  |
| PJM West   | 25.30 | 25.00 |  25.15  |
| Main       | 18.50 | 17.40 |  17.95  |
| MAPP       | 17.25 | 15.50 |  16.75  |
| Palo Verde | 29.50 | 25.50 |  26.90  |
| Mid C      | 20.00 | 18.50 |  19.25  |
| COB        | 21.50 | 19.75 |  20.55  |
| 4 Corners  | 27.00 | 26.00 |  26.50  |
| Mead       | 28.50 | 26.00 |  27.10  |
| NP 15      | 27.50 | 23.00 |  24.30  |
| SP 15      | 27.50 | 23.50 |  25.05  |
----------------------------------------------
NESA
National Energy Services Association
Contact us at 713/856-6525
--------------------------------------------------------
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
* Jim Walter Resources Says 13 Dead in Alabama Mine Blast
* FERC ALJ Says Pacific Northwest Municipal Utilities and Wholesale Power Buyers Not Entitled to Any Refunds for Sharp Jump in Wholesale Electricity Prices Earlier this Year
* Brazil Nuclear Plant Accident Discovered by Media
* S&P Assigns 'A-' Debt Rating to TECO Energy's $200 Million Senior Unsecured Notes
* Federal Reserve to Reduce Interest Rates for 9th Time this Year When It Meets Next Week
* Pepco Restores Power to Thousands After Maryland Tornado Wreaks Havoc
* Calpine Breaks Ground on 550 MW Columbia Energy Center in Calhoun County, SC
* Hybrid Electric Vehicle Battery Market Charged for Rapid Growth Reports New Study
* PNM and Sempra Energy Join Industry-Wide Scholarship Fund for Children Of Attack Victims
* ANP Marketing Company Licenses Allegro Applications
-------------------------------------------------------
TransCanada Says It Is Not Target
TransCanada Pipelines says it is unlikely that Duke will launch a take-over bid for it after buying Westcoast for $8.5 billion last week. TransCanada contends that it is worth almost 3 times as much as Westcoast, and due to its size, could command a premium. With the Westcoast acquisition, Duke will own stakes in pipelines delivering about 30% of the US natural gas imported from Canada. TransCanada has more than 23,000 miles of pipelines transporting Western Canadian volumes to Ontario and the Northeast. Pipelines are considered to be key assets because it has become more difficult gain regulatory approval and the expense and time associated with their constru
--------------------------------------------------------
Today's Gas Bulletins
* New FERC Chairman Pat Wood to Run 1st Hearing as Head of Commission Today
* Senate Energy and Natural Resources Committee Focuses on Securing Nation's Energy Infrastructure
* TradeSpark  Resumes Normal Electronic Trading of All Energy Commodities
* TransCanada Says It Is Not Takeover Target
* Canadian Rigs Drilling Down 13 in Past Week
* Federal Court Dismisses Southern Union Claims for Lost Profits Against Southwest Gas; Summary Judgment Ruling Favors ONEOK
* New Stuart Energy President & CEO Outlines Mission to Create, Develop and Market Hydrogen Solutions Throughout World
* Williams Says Firm Transportation Rates to Drop Up to 36.5% for All Original Shippers on Kern River Effective October 1st
--------------------------------------------------------
Energy Sponsor
Become the Official Sponsor of the Enerfax Publications.  This unique opportunity is limited to one special company or organization.  For more information please write
sponsor@enerfax.com
This advertisement will be viewed over  5 million times during the year. It will be seen on our web and in the 20,000 emails sent out each business day.  A 3"x 4.5" ad space or banner on the web which includes 15 lines in the text versio, begins at $1000 for the entire month. Write  Advertise@enerfax.com
-------------------------------------------------------
SUNGARD
Solutions for Success in Energy Trading
Epsilon and Panorama Energy
Risk and complexity are inevitable components of every trading transaction within today's volatile energy market.  Having the right tools to manage and control those risks has become a determining success factor.  SunGard provides those tools with Epsilon and Panorama Energy - comprehensive solutions designed to create measurable competitive advantages for energy trading organizations and utility companies worldwide.
To receive more information or a free demonstration, we invite you to contact us at 713-266-7771 or visit our web site at
--------------------------------------------------------
Devon, Mitchell Deal Questionable
The recent drop in Devon Energy's share price could place an obstacle in the path of its planned acquisition of Mitchell Energy. Last month, Devon agreed to acquire Mitchell for $31 per share in cash and 0.585 of its own shares for each Mitchell share, in a deal then valued at about $3.1 billion. The companies agreed that the deal should be tax-free for Mitchell stockholders. But, to qualify for tax-free status, the cash component cannot exceed 60% of the total offer. Yesterday, Devon's stock fell $0.17 to $32.93 per share, down from about $50 just before the Mitchell deal was struck. Mitchell's shares were also down yesterday, dipping $1.88 to $47.07, while Devon's offer for Mitchell was worth $50.26 per share, with the cash component now making up about 62% of the value. Both companies remain committed to the deal, but realize that it could face problems unless Devon's stock price increases by the 4th quarter when the deal is expected to close.
--------------------------------------------------------
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
--------------------------------------------------------
United Kingdom Offshore Wind Farm Development
The Crown Estate, landowner of the UK territorial seabed, is granting approval for 13 offshore wind farm sites to interested private companies. Bidding for licenses to build on the sites started in May and has had a large response, as most energy companies are trying to produce environmentally friendly power in response to tighter environmental controls worldwide. If all the offshore wind sites are developed as planned, the power generated over the next 4 years would be between 1,000 MW and 1,500 MW. Each offshore site will be 3 - 5 miles offshore and is required to have at least thirty 2  - 3 MW wind turbine generators with 200 to 250-foot tall steel towers.
--------------------------------------------------------
ZIFF ENERGY GROUP:  NEW   INDEPENDENT  STUDY
NORTHERN  GAS
PROSPECTS  and  IMPACTS
Ziff Energy Fundamental Analysis  +  Scenario Analysis utilizing GPCM
Model
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.
?    Timing and volume scenarios for these new deliveries
?    Impact on North American Markets - target markets
?    Pipeline Infrastructure: Flow Dynamics - Capacity Needs
?    Critical Regulatory Issues
?    Impact on key North America Gas Prices.
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
1-888-736-5780 e-mail to: rford@ziffenergy. or
Bill Gwozd in Calgary at 1-800-853-6252 e-mail to: bgwozd@ziffenergy.com
Visit our website at
http://
to preview our marketing brochure.
----------------------------------------------------------
FERC ALJ Recommends Denial of Pacific Northwest  Power Refunds
A FERC Administrative Law Judge has recommended that the full commission deny the $1.9 billion in refunds requested by Pacific Northwest municipal utilities and wholesale electricity buyers for power purchases last spring when prices jumped sharply higher. The ALJ pointed out that the Pacific Northwest market is very different than the California market, because California state law prohibited utilities from passing higher power costs on to customers, while the market worked properly in the Pacific Northwest when supplies were tight. The Northwestern states rely heavily on hydroelectric power and suffered a draught situation which coincided with a shortage of electricity supplies throughout the Western US. The ALJ contends that the Pacific Northwest experienced a sudden and acute drop in available supply, and in that situation prices rose dramatically, as should be normal. Of the total $1.9 billion sought in refunds, California has laid claim to almost $1.5 billion.
--------------------------------------------------------
YOU DESIGNED IT. WE BUILT IT.
ZaiNet GasMaster II
Today's most comprehensive gas trading, scheduling and accounting system.
CAMINUS
Your Competitive Edge in Energy
Call us at (212)515-3700 or visit us at the website
-------------------------------------------------------
Governor Expected to Order Lawmakers Back
In attempt to prevent the bankruptcy of Southern California Edison, the governor is poised to order lawmakers to return to Sacramento, after they adjourned last week without voting on a rescue plan for the utility. The governor is in the process of developing a proposal and is consulting with state senators and Assembly members to find an acceptable compromise between the two legislative houses. The new plan will probably allow SCE to sell between $2.5 and $2.9 billion in bonds which would be secured by existing charges to about 20% of its biggest commercial consumers. California's Senate has approved a version of the bill, voting for $2.5 billion in bond sales, but secured by the rates of 4,000 of SCE's largest customers. In addition, the state would have the option to purchase the utility's transmission lines at book value. SCE argues that the plan would not prevent its bankruptcy. The Assembly version increased the bond sale to $2.9 billion and spread the costs over 136,000 business customers. In addition, the lawmakers gave the state the option to buy the transmission grid at double the book value or at market value, whichever is less, and a provision to reinstate the retail power market. However, when the Senate received the amended bill, it declined to vote on the measure, adjourning for the year instead. The governor is expected to limit the topics under discussion by the legislature when they return, in order to prevent lawmakers from discussing bills unrelated to the rescue plan.
-----------------------------------------------------
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
or log on to
and select "Become a Member" under the Jobseeker header.
--------------------------------------------------------
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 40.04 points to 6702.01
The CRB Index decreased 1.53 points to 189.10
The US Dollar declined 0.71 points to 112.13
The Dow rose 56.11 points to 8659.97
The S&P 500 climbed 8.82 points to 1012.27
The Nasdaq was up 2.24 points to 1501.64
September NYMEX Crude Oil fell 0.20 to 21.80
Canadian-US Exchange rose .0020 to 1.5712
-------------------------------------------------------
Please welcome our advertisers by visiting these websites.

Enerfax Daily is North America's gas and power information source. it is sent to you free of charge. Enerfax Daily may be copied and redistributed in its entirety to all interested energy professionals.Please e-mail us at subscribe@enerfax.com
. with the e-mail addresses of other energy professionals that would like to be added to Enerfax Daily's growing distribution list of thousands of energy professionals in the US and Canada, or to be removed. The information contained herein was obtained from sources which Enerfax Daily believes to be reliable, but does not guarantee its accuracy. Your support of our advertisers is greatly appreciated and will keep Enerfax Daily free. Thank you. Your comments are welcome.
For information on advertising, please write to advertise@enerfax.com
To subscribe to the Oil & Gas News write enerfaxgold-subscribe@egroups.com To delete tdonoho@enron.com To unsubscribe send a blank mailto:leave-enerfaxdaily-1013476O@relay.netatlantic.com Or forward this email to web@enerfax.com & the webmaster will remove your name.


In response to the tragic events of September 11th and due to popular demand, eSource is offering a valuable Country Risk Analysis for those monitoring global implications and risk due to recent developments in Afghanistan, Pakistan, and India.
This report, prepared by the Economist Intelligence Unit (EIU) and available through eSource at no charge, contains the following information:
?          Political Background
?          Country Infrastructure
?          Economic Policy and Sectors
?          Trade
To request a copy of this report logon to
Submit your request online by entering applicable employee data in the required fields and referencing "EIU Pakistan/Afghanistan" or "EIU India" in the "Describe Request" box.
eSource continues to provide additional country risk and analysis information from a variety of reputable sources including CountryWatch.com and World Markets Country Analysis & Forecast, which can be accessed at
Select "The World" from the right tool bar and then "Country Reports."
If you are not interested in receiving these messages in the future, please let us know, and we will kindly adjust our mailing list.


Learn Technical Analysis
Two Full Days, December 4-5, 2001
Houston, Texas
Energy Traders, Marketers and Buyers.
This two full day class serves as both an introduction to those new to technical analysis and a refresher for experienced traders. Technicals are taught in a logical, systematic manner oriented to equip both physical and paper traders to buy low, sell high and manage risk in the real world in a logical, methodical manner.
In this class you will:
Ascertain when and how to take profit and cut losses.
Find out how to set up a strategy by identifying probable market direction and turns as well as likely targets using chart patterns.
Learn to use both traditional indicators like moving averages and stochastics, as well the state-of-the-art methods which won Cynthia Kase the coveted Market Technicians Association's "Best of the Best" award.
Content
Charting Basics, Types of Charts, Support and Resistance
When to Buy or Sell (Entry Techniques)
When to Exit Based on Signals (Momentum and Divergence)
How to Exit Based on Stops (Managing Trade Risk)
Chart Patterns and Forecasting Basics (Candlesticks, Elliott  Wave, Flags, etc.)
Statistical Hedging
Early Bird Special $845.00
Two or More Early Bird $795.00
Regular: $995.00
Two or More: $895.00	 *** Register Now! ***
Click Here for More Information
Location and Hotel
About the Presenters
Who Should Attend
Detailed Agenda and Schedule
Other Classes Offered By Kase
Kase and Company also offers In House Training Classes. For more information please email us at kase@kaseco.com
or call at (505) 237-1600


The report named: CE P/L
, published as of 09/25/2001 is now available for viewing on the website.
(Revision: 2)


Attached is a revised Credit Watch listing for the week of 9/25/01.   Please note that the following entities are placed on "NO TRADES"-- Texican Natural Gas Company, Oxford Natural Gas Company and Chris Thena Inc.
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.


Looking for a two-way quote on Trunk LA basis, JAN02 - JUN02,  5,000 MMBtu
per day.  Any interest?
Regards,
Neal Wood
J. Neal Wood
Manager, Financial Structures - East Region
Conoco Energy Solutions, a division of Conoco Inc.
281-293-1975
281-293-3525 Facsimile
Neal.Wood@usa.conoco.com


Everyone,
In an effort to protect our computing systems from viruses and other potential threats, we have disabled the ability to get to external e-mail sites (AOL, Yahoo, Hotmail, etc.) while you are using an Enron computer connected to our network.
If you are using a particular external e-mail site for valid business reasons and this action we have taken has impacted your business, you can contact your Resolution Center for assistance.  Each case will be analyzed for validity and exceptions granted based on business related needs.
Thank you for your understanding that protecting our revenue generating systems is our highest priority.
Enron Global Technology


PIRA is coming in May to do their semi-annual energy outlook.
Greg Shuttlesworth- North American Natural Gas --- May 14th 3-5 pm (30 C1)
New Production Outlook
Price Direction
Demand Fundamentals
Dr. Gary Ross - World Oil Outlook --- May 16th 7-8:30 am --32C2
OIl/ Demand/ supply Outlook
Regional balances
OPEC Rhetoric
Jen Fraser
34759


Tom,
Please do not sell anymore gas to Tiger. Sitara Deal# 1048759 originally from 9/19/2001 should no longer be extended. Please call if you have any questions.
-Darren


Everyone,
Once again, there are a number of new viruses that have been released on the internet that are causing us to do frequent updates to our virus protection software.
We have an automated process to update our workstations with the latest virus protection updates.   However, there may be some machines that didn't get the update.  In order to prevent these viruses from infecting your machine, please assist by doing one of the following tasks.
1.  Logout of the network and log back in or
2.  Click on START>PROGRAMS>ACCESSORIES>Norton AntiVirus Corporate Edition and then click the Live Update button.  This will pop up a screen where you will have to click the "Next" button and then a "Finish" button.   (If you are an EES user, you will only be able to use option #1 as you use a different virus protection product.)
The proper version of the update pattern you need is:   (9/24/2001, version 30924p)
If you have questions or concerns, please direct them to your Resolution Center.
Enron Global Technology


Tom if you haven't seen this yet....this really is scary!
By Paul Harvey - Conveniently Forgotten Facts
> > >> > >> >
> > >> > >> > Back in 1969 a group of Black Panthers decided that
> > >> > >> > a fellow black panther
> > >> > >> > named ... Alex Rackley needed to die. Rackley was
> > >> > >> > suspected of disloyalty.
> > >> > >> >
> > >> > >> > Rackley was first tied to a chair. Once safely
> > >> > >> > immobilized, his friends
> > >> > >> > tortured him for hours by, among other things,
> > >> > >> > pouring boiling water
> > >> > >> > on him. When they got tired of torturing Rackley,
> > >> > >> > Black Panther member,
> > >> > >> > Warren Kimbo took Rackley outside and put a bullet
> > >> > >> > in his head. Rackley's
> > >> > >> > body was later found floating in a river about 25
> > >> > >> > miles north of New Haven, Conn.
> > >> > >> >
> > >> > >> > Perhaps at this point you're curious as to what
> > >> > >> > happened to these Black Panthers.
> > >> > >> >
> > >> > >> > In 1977, that's only eight years later, only one of
> > >> > >> > the killers was still
> > >> > >> > in jail. The shooter, Warren Kimbro, managed to get
> > >> > >> > a scholarship
> > >> > >> > to Harvard, and became good friends with none other
> > >> > >> > than Al Gore.
> > >> > >> > He later became an assistant dean at an Eastern
> > >> > >> > Connecticut State College.
> > >> > >> >
> > >> > >> > Isn't that something? As a '60s radical you can
> > >> > >> > pump a bullet into
> > >> > >> > someone's head, and a few years later, in the same
> > >> > >> > state, you can become an assistant college dean!
> > >> > >> >
> > >> > >> > Only in America!
> > >> > >> >
> > >> > >> > Erica Huggins was the lady who served the Panthers
> > >> > >> > by boiling the
> > >> > >> > water for Mr. Rackley's torture. Some years later
> > >> > >> Ms. Huggins was elected to a California School Board.
> > >> > >> >
> > >> > >> How in the world do you think these killers got off so easy?
> > >> > >> >
> > >> > >> > Maybe it was in some part due to the efforts of two
> > >> > >> > people who came
> > >> > >> > to the defense of the Panthers. These two people
> > >> > >> > actually went so far
> > >> > >> > as to shut down Yale University with demonstrations
> > >> > >> > in defense of the
> > >> > >> > accused Black Panthers during their trial.
> > >> > >> >
> > >> > >> > One of these people was none other than Bill Lan
> > >> > >> > Lee. Mr. Lee,
> > >> > >> > or Mr. Lan Lee, as the case may be, isn't a college
> > >> > >> > dean. He isn't
> > >> > >> > a member of a California School Board. He is now
> > >> > >> > head of the
> > >> > >> > US Justice Department's Civil Rights Division,
> > >> > >> > appointed by none other than Bill Clinton.
> > >> > >> >
> > >> > >> > O.K., so who was the other Panther defender? Is
> > >> > >> > this other notable
> > >> > >> > Panther defender now a school board member? Is this
> > >> > >> > other Panther apologist now an assistant college dean?
> > >> > >> >
> > >> > >> > No, Neither!
> > >> > >> >
> > >> > >> > The other Panther defender was, like Lee, a radical
> > >> > >> > law student at Yale
> > >> > >> > University at the time. She is now known as The
> > >> > >> > "smartest woman
> > >> > >> > in the world." She is none other than the
> > >> > >> > Democratic senator
> > >> > >> > from the State of New York----our former First
> > >> > >> > Lady, the incredible Hillary Rodham Clinton.
> > >> > >> >
> > >> > >> > And now, as Paul Harvey said; You know "the rest of
> > >> > >> > the story".
> > >> > >> >
> > >> > >> > Pass this on! This deserves the widest possible
> > >> > >> > press..
>
>


"United We Stand" Big E Caf?
Friday, September 28
11:30 a.m. - 1 p.m.
Antioch Park
Patriotic Music
featuring
The Salvation Army Harbor Light Choir
Free mementos for everyone!
"United We Stand" t-shirts will be on sale for $6.00 outside on the Andrews side of the Enron Building this Wednesday and Thursday, 11 a.m. - 1 p.m., and at the event on Friday.  Cash and checks will be accepted.
Wear your t-shirt or red, white and blue on Friday!
You'll be able to sign two large banners that will be displayed by local employees to honor the people of New York and Washington D.C.
You'll also be able to sign personal letters that will be included in care packages for the firefighters involved in the New York recovery efforts.
James Coney Island will serve hot dogs, hamburgers, veggie burgers, chips and apple pie for $5.00.
See you there!


Today, we are forming Enron Global Services (EGS) in order to more closely align our asset-based businesses.
This reorganization will allow EGS to focus our resources on opportunities that present the highest value to Enron.  It will also accomplish the following:  1) enhanced synergies among our assets and personnel, 2) more effective prioritization of business opportunities, and 3) better management of Enron's asset-based businesses throughout the world.
Enron Global Services' energy asset portfolio includes the North American pipeline businesses of Enron Transportation Services (ETS), including Northern Border; the international pipeline, power and distribution operations of Enron Global Assets & Services (EGAS); Portland General Electric; EOTT Energy Corp; Enron Wind; Azurix and Wessex Water.
Reporting to me as the heads of their respective business units are:
?	Jim Hughes, President & COO - EGS/International
?	Danny McCarty, Managing Director & CCO - ETS
?	Bill Cordes, President - Northern Border Partners
?	Peggy Fowler, President & CEO - Portland General Electric
?	John Garrison, President & CEO - Azurix
?	Dana Gibbs, President & COO - EOTT Energy Corp
?	Colin Skellett, CEO - Wessex Water
?	Adam Umanoff, President & CEO - Enron Wind
With the creation of EGS, we hope to enhance the efficient utilization of our commercial support services.  To accomplish this, EGS' staff and operational functions will be headed by:
?	Rod Hayslett, Managing Director & CFO
?	Rob Walls, Managing Director & General Counsel
?	Phil Lowry, Managing Director, Pipeline Operations and Engineering & Construction
?	Brian Stanley, President & CEO - EEOS
?	Steve Hotte, Vice President & CIO
?	John Ambler, Vice President, Communications & PR
?	Gary Smith, Vice President, Human Resources
In addition, Rob Walls will continue to perform his role as Deputy General Counsel for Enron reporting to Jim Derrick.
Phil Lowry will be responsible for domestic pipeline operations, technical services and engineering & construction, as well as, international pipeline technical services and engineering & construction.  Brian Stanley will be responsible for technical services and engineering & construction for international power and distribution facilities.
Below is an organization chart for Enron Global Services, which displays the changes described here.  We are confident this new organization will focus our talent and capital appropriately.  Please join me in supporting this management team as it strives to maximize Enron's return on its assets.


There are several new computer viruses that are spreading rapidly on the internet.  The viruses target Windows computer users and arrives in e-mails with various subject lines like "Fwd:Peace BeTweeN AmeriCa and IsLaM!" The messages also contain attachments that can be directly executed by clicking on the attachment.  The most prevalent virus has an attachment named wtc.exe.
If you ever get an email with an attachment that has an executable file, you should never launch the attachment.  At Enron, these file types are blocked automatically from entering our environment.  However, if you would connect to an external email service (i.e. Hotmail, AOL, Yahoo, etc) while using an Enron computer or attached to the Enron network, you could infect our internal computing systems.  If you do, the virus could cause significant issues and prevent some of our systems from working effectively.
If you ever get an email that you are not sure about, simply delete the email and contact your resolution center to let them know how you obtained the message.  It is much better to be safe than sorry as we will be able to track down the origin of the virus in the Enron Network.
Thank you.
Enron Global Technology


> Thought you would find this of interest...
>
>
> >I'm a Bad American:  Date: Fri, 29 Jun 2001
> >
> >Written by Ted Nugent, the rock singer and hunter/naturalists, upon
> >hearing that California Senators B. Boxer and D. Feinstein denounced
> >him for being a "gun owner" and a "Rock Star".  This was his response
> >after telling the senators about his past contributions to children's
> >charities and scholarship foundations which have totaled more than
> >$13.7 million in the last 5 years!!
> >
> >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> >
> >I'm a Bad American-this pretty much sums it up for me.  I like big
> >trucks, big boats, big houses, and naturally, pretty women.  I
> believe
> >the money I make belongs to me and my family, not some midlevel
> >governmental functionary with a bad comb-over who wants to give it
> away
>
> >to crack addicts squirting out babies.  I don't care about appearing
> >compassionate.  I think playing with toy guns doesn't make you a
> >killer. I believe ignoring your kids and giving them Prozac might.  I
> >think I'm doing better than the homeless.  I don't think being a
> >minority makes you noble or victimized.  I have the right not to be
> >tolerant of others because they are different, weird or make me mad.
> >This is my life to live, and not necessarily up to others
> expectations.
>
> >I know what SEX is and there are not varying degrees of it.
> >
> >I don't celebrate Kwanzaa.  But if you want to that's fine; I just
> >don't feel like everyone else should have to.  I believe that if you
> >are selling me a Dairy Queen shake, a pack of cigarettes, or hotel
> room
>
> >you do it in English. As of matter of fact, if you are an American
> >citizen you should speak English.  My uncles and forefathers
> shouldn't
> >have had to die in vain so you can leave the countries you were born
> in
>
> >to come disrespect ours, and make us bend to your will.  Get over it.
> >
> >I think the cops have every right to shoot your sorry butt if you're
> >running from them after they tell you to stop.  If you can't
> understand
>
> >the word 'freeze' or 'stop' in English, see the previous line.  I
> don't
>
> >use the excuse "it's for the children" as a shield for unpopular
> >opinions or actions.  I know how to count votes and I feel much safer
> >letting a machine with no political affiliation do a recount when
> >needed.  I know what the definition of lying is, and it isn't based
> on
> >the word "is"-ever.
> >
> >I don't think just because you were not born in this country, you
> >qualify for any special loan programs, gov't sponsored bank loans,
> >etc., so you can open a hotel, 7-Eleven, trinket shop, or any thing
> >else, while the indigenous peoples can't get past a high school
> >education because they can't afford it.  I didn't take the initiative
> >in inventing the Internet.
> >
> >I thought the Taco Bell dog was funny. I want them to bring back safe
> >and sane fireworks.  I believe no one ever died because of something
> >Ozzy Osbourne, Ice-T or Marilyn Manson sang, but that doesn't mean I
> >want to listen to that junk from someone else's car when I'm stopped
> at
>
> >a red light.  But I respect your right to.
> >
> >I think that being a student doesn't give you any more enlightenment
> >than working at Blockbuster or Jack In The Box.  I don't want to eat
> or
>
> >drink anything with the words light, lite or fat-free on the package.
>
> Our soldiers did not go to some foreign country and risk their lives
> in
> vain and defend our Constitution so that decades later you can tell me
> it's a living document ever changing and is open to interpretation.
> The
> guys who wrote it were light years ahead of anyone today, and they
> meant
> what  they said - now leave the document alone, or there's going to be
> trouble.
> >
> >I don't hate the rich.  I help the poor.  I know wrestling is fake.
> >I've never owned, or was a slave, and a large percentage of our
> >forefathers weren't wealthy enough to own one either. Please stop
> >blaming me because some prior white people were idiots - and
> remember,
> >tons of white, Indian, Chinese, and other races have been enslaved
> too
> >- it was wrong for every one of them.
>
> I believe a self-righteous liberal with a cause is more dangerous than
> a
> Hell's Angel with an attitude.
>
> I want to know exactly which church is it where the "Reverend" Jessie
> Jackson preaches; and, what exactly is his job function.
>
> I own a gun, you can own a gun, and any red blooded American should be
> allowed to own a gun, but if you use it in a crime, then you will
> serve
> the time.
> >
> >I think Bill Gates has every right to keep every penny he made and
> >continue to make more.  If it makes you mad, then invent the next
> >operating system that's better and put your name on the building.
> Ask
> >your buddy that invented the Internet to help you.
>
> I don't believe in hate crime legislation.  Even suggesting it makes
> me
> mad.
>   You're telling me that someone who is a minority, gay, disabled,
> another nationality, or otherwise different from the mainstream of
> this
> country has more value as a human being that I do as a white male.  If
> someone kills anyone, I'd say that it's a hate crime.  We don't need
> more laws!  Let's enforce the ones we already have.
> >
> >I think turkey bacon, turkey beef, turkey fake anything sucks.
>
> I believe that it doesn't take a village to raise a child-it takes a
> parent with the guts to stand up to the kid and spank his butt and say
> "NO!" whenit's necessary to do so.
>
> I'll admit that the only movie that ever made me cry was Ole Yeller. I
> didn't realize Dr. Seuss was a genius until I had a kid.
> >
> >I will not be frowned upon or be looked down upon or be made to keep
> >silent because I have these beliefs and opinions.  I thought this
> >country allowed me that right.  I will not conform or compromise just
> >to keep from hurting somebody's feelings.  I'm neither angry nor
> >disenfranchised, no matter how desperately the mainstream media would
> >like the world to believe otherwise.
> >
> >Yes, I guess by some people's definition, I may be a bad American.
> But
>
> >that's tough!!
>
>
>
> _________________________________________________________________
> Get your FREE download of MSN Explorer at
>
>
>
>


The Oxford Princeton Programme E-Newsletter

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In this edition:
- 'On-line Exchanges Evolve'
- 2002 Catalog hot off the press
- New industry basics web-based training
* Introduction to the Power Industry
* An Overview of the Natural Gas Industry
- The Oxford Princeton Programme course schedules
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
'On-line Exchanges Evolve'
-------------------------
Entering the new millennium, energy companies are being forced to do business in new ways. Tough environmental legislation, product price sensitivity, mergers and acquisitions, downsizing, supply shortages, and profitability pressures all pose significant challenges to the energy industry as a whole. However, nothing poses more of a challenge than the Internet revolution.
Read the full text of this article by Mary Jackson (as published in Global Energy Business):

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2002 Catalog - hot off the press!
------------------------------
Our 2002 Catalog has just been published and is in the mail now. It's never too early to start planning next years training...
...especially as registrations for any 2002 public course made before the end of this year will receive 2001 prices!
Full schedules for 2002 are also available on our website at:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
New industry basics web-based training
** Introduction to the Power Industry **
Electricity is the power we all rely on. Learn how the power gets to you. Meg O'Watt, utility spokesperson, is ready to explain the mysteries of electricity and the basics of the power industry so you'll appreciate what happens when you flip the switch. Join Meg in "Introduction to the Power Industry".
Available NOW:

** An Overview of the Natural Gas Industry **
We have a special pass for you to visit The Museum of Natural Gas and see how natural gas is produced and marketed. We've even arranged our top museum guide, Bea T. Yu, to show you through the museum and introduce you to the natural gas industry. There are lots of exciting exhibits that take you from the formation of natural gas through processing and transmission to end-users. See how natural gas is traded in markets around the world.
Available 26 Oct:

Read about these courses and see FREE PREVIEWS of all PrincetonLive.com courses at:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Oxford Princeton Programme Course Schedules
The College of Petroleum and Energy Studies
- Courses in Oxford, Singapore and Houston

Princeton Energy Programme
- Courses in Houston, Toronto, Calgary, London,
San Francisco, Singapore, Chicago

PrincetonLive.com
- Web-based training, you set your own schedule!
Courses are available 24 hours per day, seven days
per week, worldwide!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscription Information
You are receiving this e-mail as a past delegate or
contact of The Oxford Princeton Programme.
If you would rather not receive e-mail updates in the
future or have any other questions please respond to:
news@oxfordprinceton.com
~~~~~~~~~~~~~~~~~~~~~~~~~
(c) 2001 The Oxford Princeton Programme


Nelson:
I have all of Devons numbers for May and nothing from Panaco and nothing from ProGas.
I'll be glad to  put the deals in if you can help me get the numbers.
Thanks,
Oh, I have called Tri Star and I have put thier number in too.
Mark


-----Original Message-----
From: jfogg@reliantenergy.com
Sent: Tuesday, October 30, 2001 8:17 AM
Subject: REGT Capactiy Report Tuesday October 30
For gas flow for Halloween, Wednesday October 31, REGT has the following IT
capacity:
CGT                                0          Force Manjuere at CGT -
Capacity cuts to 250 Mdth/d for Wednesday
Other Hub Delivery Points including TGT     10          Ruston Compressor
work cuts back on IT
Tetco Bald Knob                       50
Texas Gas Helena                      50
MRT Glendale                          20
Other Line AC points                        20
Williams Jane                         10
Carthage Delivery                     10
SBS injection space                   30           tomorrow in Nov or Dec
out
SBS withdrawal space                        30          available for
withdrawal with Oct or November payback
Backhaul to west                      40
The Delhi Compressor unit in NE Louisiana in the Perryville Hub complex
cracked a discharge bottle last Friday.  This limits our ability to
compress into CGT and REGT will be limited on deliveries into CGT.  For
Wednesday, CGT deliveries will be cut to the 250 Mdth/d level.  The cuts
will be pro-rata based on nominations.  The bottle will take at least 1 to
2 weeks to repair.   It looks like it will be into next week before the
compressor is fully operational.
Amber Station is flowing 361 Mdth east and Line 2 South is at 109 Mdth for
today.
Be aware that REGT is not offering any general interruptible transportation
discounts from West of Amber to east delivery points.  All IT will be
priced at max rate, unless of operational benefit to REGT.  REGT is still
full along Line AD and is approaching full levels at its Oklahoma storage
facilities.
Power plants burned around the 148 Mdth/d level.  Arkla pulled over 345
Mdth/d and peaked at 680 Mdth.
Gas Prices     East  n/a
West  n/a
REGT Fuel - currently 1.61% plus $0.0004/dth EPC - based on $3.05
= $0.0495/dth.  REGT fuel will drop to 1.31 % on November 1.
I am in the office today.  You can call me at 713-207-5183 or AOL IM me at
JAFOGG for any rate quotes or questions.
Thanks
JAF


I would like to introduce Intercontinental Staffing Group.  Our offices in Houston and London are primarily focused on serving the energy trading industry, bringing together top energy trading talent with the worlds leading energy trading companies.  Our search consultants have past experience in either trading or brokering energy products.  This gives us a distinct advantage with respect to our knowledge of and exposure to the energy trading industry.
We are currently working on filling several trading and marketing/origination positions throughout the US.  If you have an interest or know of someone who is looking for a new career opportunity, please contact me at the phone number listed below or feel free to email me at possibilities@istaffinggroup.com.  We do offer a referral fee if we are successful in placing one of your recommendations.
Thank you for your time.  I look forward to speaking with you.
Sincerely,
Gary Pitt
Director
Intercontinental Staffing Group Inc.
Phone:  (713) 850-8399
Fax:  (713) 850-7746
Cell Phone:  (281) 467-0022
email:  possibilities@istaffinggroup.com


The report named: CE P/L
, published as of 10/30/2001 is now available for viewing on the website.