Enron Mail

From:dan.hyvl@enron.com
To:travis.mccullough@enron.com
Subject:Re: PG&E gas sales
Cc:
Bcc:
Date:Wed, 14 Mar 2001 00:53:00 -0800 (PST)

Travis,
Peter Keohane was the attorney who was working with PG&E to put a contract
in place similar to what ENA agreed to. I have not seen any amendments
proposed by PG&E, did they get omitted from my email? I am attaching the
proposed amendment which I had forwarded to PG&E last year to enable them to
trade on Enron Online.
Please let me know if you need anything further.





Travis McCullough
03/13/2001 07:25 PM

To: jklauber@llgm.com, jlhuemoe@llgm.com, Elizabeth Sager/HOU/ECT@ECT, Dan J
Hyvl/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Mark Powell/CAL/ECT@ECT
cc:
Subject: PG&E gas sales

PG&E made a proposal to John Lavorato and Bill Bradford today to secure some
additional gas supplies from ENA and Enron Canada. I am faxing a copy of the
presentation and relevant documents to each of you. I think that this is a
deal that we are interested in looking at.

John and Jim, I think the only question we will have for you immediately are
the bankruptcy implications associated with the advance payments. PG&E
claims there are none (of course).

Dan, since you reviewed the original PG&E (Core) Master Agreement, can you
review the proposed amendments to that Master?

Mark -- I don't think Enron Canada is a party to the PGE Master. Can you
take a look at the form ENA executed and see if there is any reason why Enron
Canada couldn't execute the same form?

Note that PG&E also wants to be re-established to trade on EnronOnline. I
understand the only impediment to that is that the masters need to be amended
to provide that Enron, not PG&E, is the confirming party, and that we were on
our way to documenting those amendments when this all blew up a few months
ago. Dan, can you resurrect those amendments so we can see if we can weave
them into these amendments?


Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3893
Houston Texas 77002
Phone: (713) 853-1575
Fax: (713) 646-3490