Message-ID: <8978032.1075842788077.JavaMail.evans@thyme> Date: Mon, 23 Apr 2001 08:53:00 -0700 (PDT) From: steve.hooser@enron.com To: jeffrey.hodge@enron.com, barbara.gray@enron.com Subject: Re: AGREEMENT WITH RESPECT TO GAS TRANSPORTATION Cc: gerald.nemec@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: gerald.nemec@enron.com X-From: Steve Van Hooser X-To: Jeffrey T Hodge, Barbara Gray X-cc: Gerald Nemec X-bcc: X-Folder: \Gerald_Nemec_Dec2000_June2001_2\Notes Folders\All documents X-Origin: NEMEC-G X-FileName: gnemec.nsf It took a lot of effort from ENA Legal (Lisa Mellencamp, Gerald Nemec & some help from me), the Transport Desk (Stephanie Miller), the West Desk (Barry Tycholiz) and Credit (Bill Bradford and Wendy Conwell), to finalize this very funky credit substitution transaction with PG&E Trading (to cover over $200million in margin exposure--Thank God it is now finally done. If anyone catches wind of a PG&E Energy Trading bankruptcy, please advise ASAP so that we can act quickly to exercise our valuation and exercise rights. Thanks Steve Van Hooser Enron North America Corp. 1400 Smith EB3877 Houston, Texas 77002 713-853-7238 ----- Forwarded by Steve Van Hooser/HOU/ECT on 04/23/2001 03:48 PM ----- Stephanie Miller@ENRON 04/23/2001 03:31 PM To: Gerald Nemec/HOU/ECT@ECT cc: Lisa Mellencamp/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, William S Bradford/Enron@EnronXGate@ECT, Barry Tycholiz/NA/Enron@ENRON Subject: Re: AGREEMENT WITH RESPECT TO GAS TRANSPORTATION ENA has successfully acquired the PG&E capacity through EPNG's capacity release process. I will forward copies of the awards to legal. Please call if you have any questions. Regards, Stephanie x31688 Gerald Nemec@ECT 04/23/2001 02:06 PM To: Lisa Mellencamp/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, William S Bradford/Enron@EnronXGate, Barry Tycholiz/NA/Enron@ENRON, Stephanie Miller/Corp/Enron@ENRON cc: Subject: AGREEMENT WITH RESPECT TO GAS TRANSPORTATION For the sake of completeness attached is the final version of the Gas Transaction Support Agreement. ----- Forwarded by Gerald Nemec/HOU/ECT on 04/23/2001 01:42 PM ----- "Meier, Peter" 04/23/2001 01:23 PM To: "'gerald.nemec@enron.com'" cc: Subject: AGREEMENT WITH RESPECT TO GAS TRANSPORTATION PG&E National Energy Group and any other company referenced herein that uses the PG&E name or logo are not the same company as Pacific Gas and Electric Company, the regulated California utility. Neither PG&E National Energy Group nor these other referenced companies are regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products from these companies in order to continue to receive quality regulated services from the utility. - Gas Transaction Agr. Execution (4-23-01).doc