Re: Wellhead Portfolio

Hey Melissa,

Sorry I haven't gotten back to you sooner but I have been using up my last
bit of vacation. I have been keeping track of the accrual value estimate but
I want to get some confirmation from the transport and marketing groups on
how we want to account for it. I'll let you know soon.

-Eric

Enron North America Corp.

From: Melissa Graves 12/20/99 04:02 PM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Wellhead Portfolio

Eric,

Please let me know how the Accrual Value estimate is coming.

Thank you,
Melissa
---------------------- Forwarded by Melissa Graves/HOU/ECT on 12/20/99 04:00
PM ---------------------------

Enron North America Corp.

From: Melissa Graves 12/16/99 03:22 PM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Wellhead Portfolio

Eric,

With the new Wellhead Portfolio, will Greg's Accrual income be readily
identifiable?

He is looking to have adjustments made to credit him accrual income for both
the 3rd and 4th Quarters. Will you be able to back into these numbers using
this portfolio?

If you have an estimate number of what the accrual value would be, just let
me know, and I can pass that along to Greg.

Thanks,
Melissa