Enron Mail

From:sara.shackleton@enron.com
To:edward.sacks@enron.com
Subject:Re: Calpine Natural Gas Company Assignment to Calpine Energy
Cc:
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Date:Thu, 11 Jan 2001 09:49:00 -0800 (PST)

Cc: susan.bailey@enron.com
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Ed: Please make sure that Susan knows the effective date of the assignment
and that you are comfortable with having captured all outstanding trades as
of that date. Thanks. Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com



Edward Sacks@ENRON
01/11/2001 04:27 PM

To: Bob Bowen/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Tracy
Ngo/PDX/ECT@ECT, Wendy Conwell/NA/Enron@ENRON
cc:
Subject: Calpine Natural Gas Company Assignment to Calpine Energy Services,
L.P.

We are currently in the process of preparing contracts to assign all of our
financial transactions with Calpine Natural Gas Company to the ISDA with
Calpine Energy Services, LP. The following is a listing of the transactions
by ID:

NT9757.1
NT3576.1
NT3576.2
NT9825.1
NH4646.1
NH8862.1
NT3576.1
NT3576.2
NT9757.1
NT9825.1

Bob is in the process of gathering deal date information and will provide
this to Susan on Friday (tomorrow morning). As I have mentioned to you, the
results of this transfer will reduce our exposure by approximately $27MM.
Comments or questions, please call.

Rgds,
Ed Sacks
x5-7712