Enron Mail

From:lbracken@summitenergy.com
To:kim.ward@enron.com
Subject:Re: Fw: recommendation
Cc:
Bcc:
Date:Wed, 14 Feb 2001 09:19:00 -0800 (PST)

I think it will have to sit with Smurfit in some way or another.
I had just wanted to let you know what John had said.? I would think you
would require more of a procedure than what he mentioned.
:-)
Have a wonderful night.? I have a date.
Lynn
----- Original Message -----
From: Kim.Ward@enron.com
To: Lynn Bracken
Sent: Wednesday, February 14, 2001 4:58 PM
Subject: Re: Fw: recommendation


Matt is the one who told me about this and he found out about it from John.
Today, we were able to dodge Socal's penalties because of some flexibility
that we have.? Matt is currently assessing the situation with regards to
penalties tomarrow.? We can buy intra-day gas but it will be at a big
premium - and a cost to us.? I think that we will need to include language
in our March contract to the effect that if Smurfit doesn't schedule with
us and use a volume that is within Socal's imposed tolerance level, we will
be able to pass the associated costs back to Smurfit.

HOw do you think this will sit with Smurfit?

Kim




"Lynn Bracken" <lbracken@summitenergy.com< on 02/14/2001 01:45:40 PM

Please respond to "Lynn Bracken" <lbracken@summitenergy.com<

To:?? <Kim.Ward@enron.com<
cc:
Subject:? Fw: recommendation




----- Original Message -----
From: Ewing, John
To: Lynn Bracken
Cc: Dunsmoor, Earl
Sent: Wednesday, February 14, 2001 4:26 PM
Subject: RE: recommendation


Lynn,

Matt at (713) 853-0472 was apprised as soon as I? was that cogen was back
up and running.

Best regards,
John? Ewing

-----Original Message-----
From: Lynn Bracken [SMTP:lbracken@summitenergy.com]
Sent:? Wednesday, February 14, 2001 3:27 PM
To: Ewing, John
Cc: Joanne? Horalek
Subject: Re: recommendation

John

Talked to Kim Ward at? Enron this afternoon to confirm pricing for rolling
the contract forward. ? She expressed concern that there are specific
tolerances that Enron has to abide? by or they will incur penalties. She
stated that Enron contacted the LA? Vernon site today to see if you were
running. They were told no, and she? said that later today that changed
without notice to Enron.

This may have? been an oversight today, but a concern when trying to move
forward with any? marketer.
To eliminate the baseload requirements and Gas Daily pricing? for swing
volumes, the plant has to be proactive in notifying Enron of any
significant changes in usage. Otherwise, Enron will force the penalties
back to SSCC.

Thank you,
Lynn