Enron Mail

From:tana.jones@enron.com
To:frank.davis@enron.com
Subject:Weather counterparties
Cc:bob.shults@enron.com, lucy.ortiz@enron.com, tom.moran@enron.com,molly.harris@enron.com, mark.taylor@enron.com, shari.stack@enron.com, stephen.douglas@enron.com
Bcc:bob.shults@enron.com, lucy.ortiz@enron.com, tom.moran@enron.com,molly.harris@enron.com, mark.taylor@enron.com, shari.stack@enron.com, stephen.douglas@enron.com
Date:Mon, 10 Jan 2000 09:47:00 -0800 (PST)

Per the request of Lucy Ortiz, I have reviewed the current list of weather
counterparties we are trading with, and have targeted four counterparties
that we have open for trading weather offline that I am now going to open
for online trading.

1. El Paso Energy Marketing Marketing Company, name change as of 12/1/99 to
El Paso Merchant Energy-Gas Company - previously approved for all products,
except weather, now add approved for weather also. Non-ISDA Master Agreement
in place.
2. Madison Gas and Electric Company - previously not approved for any
financial products, now approving for all financial products. No Master
Agreement in place. Credit, we need to pursue this financial master.
3. Swiss Re Financial Products Corp. - we previously did not approve this
counterparty for any financial trading - now open for weather financial
trading only. No Master Agreement currently in place; however, we are
getting close on the negotiation of this ISDA Master.
4. Vitol N.A. - we previously had them approved for all products, but
weather, open them up for weather, as well. Non-ISDA Master Agreement in
place. Steve Douglas, counterparty is a Swiss corporation and have never
sent us their tax forms.