Undeliverable: Encore Energy Solutions, L.P.

--------- Inline attachment follows ---------

From: </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DSPANUS<
To: Adams, Laurel </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DLadams<, Anderso=
n, Diane </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DDanders2<, Bell, Jean </O=
=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DJbell<, Bowen, Bob </O=3DENRON/OU=3DN=
A/CN=3DRECIPIENTS/CN=3DBbowen<, Cason, Sharen </O=3DENRON/OU=3DNA/CN=3DRECI=
PIENTS/CN=3DScason<, Cisneros, Celeste </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/=
CN=3DCcisnero<, Fischer, Jason </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DJfi=
sche2<, Garcia, Jorge A. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DJgarci11=
<, Heaney, Gordon </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DGheaney<, Hundl,=
Kimberly </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DKhundl<, Hunter, Larry J=
oe </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DJhunte2<, Murphy, Melissa Ann <=
/O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DMmurphy<, Ornelas, Bianca </O=3DENR=
ON/OU=3DNA/CN=3DRECIPIENTS/CN=3DBornelas<, Piwetz, Stephanie </O=3DENRON/OU=
=3DNA/CN=3DRECIPIENTS/CN=3DSpiwetz<, Rodriguez, Melissa </O=3DENRON/OU=3DNA=
/CN=3DRECIPIENTS/CN=3DMrodrig3<, Seib, Dianne </O=3DENRON/OU=3DNA/CN=3DRECI=
PIENTS/CN=3DDseib<, Theriot, Kim S. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=
=3DKtherio<, Brackett, Debbie R. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DD=
bracke<, Bradford, William S. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DWbra=
dfo<, Brown, Angela Y. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DAbrown8<, C=
onwell, Wendy </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DWconwell<, Curry, Ke=
n </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DKcurry<, Espinoza, Veronica </O=
=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DVespino<, Gonzalez, Veronica </O=3DEN=
RON/OU=3DNA/CN=3DRECIPIENTS/CN=3DVgonza2<, Johnson, Rudwell </O=3DENRON/OU=
=3DNA/CN=3DRECIPIENTS/CN=3DRjohnso2<, Landry, Shemeika S. </O=3DENRON/OU=3D=
NA/CN=3DRECIPIENTS/CN=3DSlandry<, Lebrocq, Wendi </O=3DENRON/OU=3DNA/CN=3DR=
ECIPIENTS/CN=3DWlebrocq<, Mendoza, Nidia </O=3DENRON/OU=3DNA/CN=3DRECIPIENT=
S/CN=3DNmartin<, Monterrey, Maribel </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=
=3DMmonterr<, Moran, Tom </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DTmoran<, =
Ngo, Tracy <Tracy.Ngo@ENRON.com<, North, Carol </O=3DENRON/OU=3DNA/CN=3DREC=
IPIENTS/CN=3DCnorth<, Otto, Randy </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3D=
Rotto<, Radous, Paul </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DPradous<, Raj=
aram, Aparna </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DArajaram<, Rohauer, T=
anya </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DTrohaue<, Sacks, Edward </O=
=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DEsacks<, Sonnonstine, Max </O=3DENRON=
/OU=3DNA/CN=3DRECIPIENTS/CN=3DMsonnons<, Vanek, Darren </O=3DENRON/OU=3DNA/=
CN=3DRECIPIENTS/CN=3DDvanek<, Williams, Jason R (Credit) </O=3DENRON/OU=3DN=
A/CN=3DRECIPIENTS/CN=3DJwilli10<, Campos, Anthony </O=3DENRON/OU=3DNA/CN=3D=
RECIPIENTS/CN=3DAcampos<, Crawford, Sharon </O=3DENRON/OU=3DNA/CN=3DRECIPIE=
NTS/CN=3DScrawfo3<, Ebow, Amber </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DAe=
bow<, Ellstrom, Diane </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DDellstr<, Ge=
rard, Camille </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DCgerard<, Hare, Bill=
D. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DBhare<, Johnson, Cheryl </O=3D=
ENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DCjohnso5<, Lambert, Karen </O=3DENRON/OU=
=3DNA/CN=3DRECIPIENTS/CN=3DKlamber<, Landau, Georgi </O=3DENRON/OU=3DNA/CN=
=3DRECIPIENTS/CN=3DGlandau<, Lees, Lisa </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS=
/CN=3DLlees<, Moore, Jason </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DJmoore1=
<, Neuner, Dale </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DDneuner<, Reeves, =
Leslie </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DLreeves<, Richardson, Stace=
y </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DSrichar2<, Rodriguez, Bernice </=
O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DBrodrig<, Schott, Samuel </O=3DENRON=
/OU=3DNA/CN=3DRECIPIENTS/CN=3DSschott<, Sever, Stephanie </O=3DENRON/OU=3DN=
A/CN=3DRECIPIENTS/CN=3DSsever<, Shivers, Lynn </O=3DENRON/OU=3DNA/CN=3DRECI=
PIENTS/CN=3DLSHIVER<, Sietzema, Linda </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/C=
N=3DLsietze<, Southard, Carrie </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DCSO=
UTHA<, Bailey, Susan </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DSbaile2<, Boy=
d, Samantha </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DSboyd2<, Cook, Mary </=
O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DMcook<, Gray, Barbara N. </O=3DENRON=
/OU=3DNA/CN=3DRECIPIENTS/CN=3DBgray<, Heard, Marie </O=3DENRON/OU=3DNA/CN=
=3DRECIPIENTS/CN=3DMheard<, Hendry, Brent </O=3DENRON/OU=3DNA/CN=3DRECIPIEN=
TS/CN=3DBhendry<, Jones, Tana </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DTjon=
es<, Keiser, Holly </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DHkeiser<, Koehl=
er, Anne C. </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DAkoehle<, Leite, Franc=
isco Pinto </O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DFleite<, Nelson, Cheryl=
</O=3DENRON/OU=3DNA/CN=3DRECIPIENTS/CN=3DCnelson4<, Sayre, Frank </O=3DENR=
ON/OU=3DNA/CN=3DRECIPIENTS/CN=3DFsayre<, Shackleton, Sara </O=3DENRON/OU=3D=
NA/CN=3DRECIPIENTS/CN=3DSshackl<, Taylor, Mark E (Legal) </O=3DENRON/OU=3DN=
A/CN=3DRECIPIENTS/CN=3DMtaylo1<
Date: Wednesday, November 21, 2001 6:27:32 GMT
Subject:=20

We have received an executed financial master agreement:

Type of Agreement:=09=09ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:=09=09=09June 4, 2001

Enron Entity:=09=09=09Enron Canada Corp.

Counterparty:=09=09=09Encore Energy Solutions, L.P.

Transactions Covered:=09=09Approved for all transactions with the exception=
of: Foreign Exchange

Confirming Entity:=09=09Enron Canada Corp.

Governing Law:=09=09=09Alberta

Special Handling Requirements:=09No special handling requirements

Copies will be distributed.

Stephanie Panus