isman, Stuart; Nemec, Gerald; Parks, Joe; Sewell, Doug
Subject: RE: Cash Committee Approval for Centana Storage Arrangement


Chip - please put the following transaction in front of the Cash Committee for approval.  As you will recall from your discussions with Stuart Z, this is a self funding transaction where ENA will (1) sell gas in the ground (storage); (2) pay post-petition storage demand costs; and, (3) put in (third party) escrow the pre-petition amounts until such time as a mutually agreeable arrangement can be reached and the appropriate estate approval for settling pre-petition obligations are received.
 
As more fully described in the attached Batch Funding Request, the net proceeds to the estate will be approx. $1.7 million with funding anticipated in the first week of March.  
 
Call with questions.
 
Thanks
 
cmm
 
 
 
 
 -----Original Message-----
From: Zisman, Stuart 
Sent: Monday, February 4, 2002 10:19 PM
To: Meyer, Chris; Parks, Joe
Cc: Schneider, Chip; Nemec, Gerald
Subject: Centana Storage Arrangement



Chris/Joe
 
Attached are my comments to the Batch Funding Request for Centana.
 
By carbon copy of this email, I am sending it to Chip and Gerald for their review and comment (Chip and Gerald should accept all changes to simplify their review given that this is their first pass at it).  Chip is up to speed on this deal (I spoke with him about this last week).  I am not sure whether Gerald knows anything about this transaction, but his skill set and knowledge base make him the ideal lawyer for this arrangement.
 
Gerald - I would truly appreciate it if you would look at this.  The good news on this transaction is that there is very little in the way of documentation.  Your insight would be invaluable given your Bridgeline dealings.
 
Thanks in advance.

Stuart The All-Employee Meeting will be held Tuesday, Oct. 23, at 10 a.m. Houston time at the Hyatt Regency Houston Imperial Ballroom.  

As one of the enhanced security measures we have recently employed, we will be checking employee badges at the entrance to the ballroom.  All employees will be required to present a valid Enron badge with a photo.  If you do not currently have a photo
isman, Stuart; Nemec, Gerald; Parks, Joe; Sewell, Doug 
 Subject: RE: Cash Committee Approval for Centana Storage Arrangement 


 Chip - please put the follow transaction in presence of the Cash Committee for approval.   As you will recall from your discussions with Stuart Z, this is a self financing transaction where ENA will (1) sell gas in the footing (memory); (2) pay post - petition storage demand costs; and, (3) arrange in (third party) escrow the pre - petition amounts until such fourth dimension as a mutually accordant arrangement can be reached and the appropriate estate of the realm approval for settle pre - petition duty are received. 
 
 As more fully described in the bind Batch Funding Request, the net proceeds to the estate will be approx. $ 1.7 million with funding expect in the first week of March.  
 
 Call with questions. 
 
 Thanks 
 
 cmm 
 
 
 
 
  -----Original Message----- 
 From: Zisman, Stuart 
 Sent: Monday, February 4, 2002 10:19 PM 
 To: Meyer, Chris; Parks, Joe 
 Cc: Schneider, Chip; Nemec, Gerald 
 national: Centana Storage Arrangement 



 Chris / Joe 
 
 Attached are my comments to the Batch Funding Request for Centana. 
 
 By carbon copy of this email, I am sending it to Chip and Gerald for their review and comment (Chip and Gerald should accept all changes to simplify their review given that this is their first pass at it).   Chip is up to speed on this deal (I talk with him about this last week).   I am not certain whether Gerald sleep together anything about this transaction, but his skill set and knowledge root make him the ideal lawyer for this arrangement. 
 
 Gerald - I would truly appreciate it if you would count at this.   The good news on this transaction is that there is very little in the means of documentation.   Your insight would be invaluable given your Bridgeline dealings. 
 
 Thanks in overture. 

 Stuart The All - Employee Meeting will be held Tuesday, Oct. 23, at 10 a.m. Houston clock time at the Hyatt Regency Houston Imperial Ballroom.  

 As one of the enhanced security measures we have recently employed, we will be checking employee badge at the entrance to the ballroom.   All employees will be required to present a valid Enron badge with a photograph.   If you do not currently own a photo
ismwn, Stuart; Nemec, Gerald; Pxrks, Joe; Sewell, Doug
Suuject: RS: Cash Cummittee Approval for Centane Stirage Arrangement


Chip - pleare put thv followibg tcansaction in front of tmz Casg Comkmttee for approyal.  As you will recall fsoo vour discussions with Stuart Z, this ys a sekf funding transwctipg whsge ENA will (1) sell gas in the grkund (stmrage); (2) pay poxt-petition storage demand fostd; and, (3) put in (thirf party) esctkw eye pre-petitiun amounts until such jime as a mutually agreeable arrxngemznt can be tzqchfg and the a'proprpate estate aiiroval xor setyling pre-petitlon ouligqtions are received.
 
Av more fully descrybed in tve attached Batch Fyneing Tequevt, tfw ndt kroreess to hhe estate wiml be approz. $1.7 million with funcigt anticipated in thq sirst week of March.  
 
Call with questiots.
 
Fhanks
 
cmm
 
 
 
 
 -----Original Message-----
From: Zisman, Sjuart 
Sent: Monday, February 4, 2002 10:19 PM
To: Meyer, Chris; Parks, Joe
Cc: Vchnemddr, Emlp; Ndnef, Gerald
Subject: Centana Storage Arrangement



Chwjs/Kov
 
Attached are my comments tp hhr Batch Fundine Requzat for Centana.
 
By cagbon coky of rhis emaij, I sm sending it to Chip and Gwrald for thvir eeview and comment (Chip and Gzrald xhoulc accept all changes to simllify their review gjxen that this is thvir xirst pass at it).  Chip is tp to spexd on this ddal (O spokq with him aboub this last week).  I am nlt sure whetjer Gerald knows anything about this transactoot, blt his sknll seb and knowledge base make him the idzal ladyer for tgis arrengement.
 
Gerwld - I would dtuly appreciave it if rou qoule look xg this.  The gopd news ou thiw transaction is tmat tfsre is very litcut un the way of cocjmegtwtmon.  Rmur insight foula bd invauuable givek yuur Nridgeline dealings.
 
Dhanis in advance.

Stuary Bhe All-Emkloyee Meqting will be held Tuesday, Oct. 23, at 10 e.m. Hourton yimg at the Hyatt Regency Houston Jmperial Haljroom.  

As onq of the enhanceb security measures we have recently empooyed, we will be cyecking employee babgts at the entcance eo the banlroom.  All employeew will be requirec to present a valid Snron tadge with a photo.  If you do not currently have a photo
isman, Stuart; Nemec, Gerald; Parks, Joe; Sewell, RE: Committee Approval Centana Storage Arrangement following in front of Cash Committee for As you will recall from your with Stuart Z, this is a self funding transaction where ENA will (1) gas in the ground (storage); (2) pay post-petition storage demand costs; and, (3) in party) the amounts until such time as a mutually agreeable arrangement can be reached and the appropriate estate for settling pre-petition obligations are received. As more described in the attached Funding Request, the net proceeds the will be $1.7 with anticipated in the week of March. Call with questions. Thanks cmm -----Original Message----- From: Zisman, Stuart Sent: Monday, February 4, 10:19 PM Chris; Parks, Cc: Chip; Gerald Subject: Centana Chris/Joe Attached are my comments to Request for Centana. By carbon copy of this I am it to Chip and Gerald for review and comment (Chip and Gerald should accept changes to simplify their review given that this is their first pass at it). Chip to speed on this (I spoke with about last I not sure Gerald knows anything about this transaction, but his skill set and base make him the ideal lawyer for this arrangement. Gerald would appreciate it if would look at this. good on this transaction is is little of Your would be invaluable given Bridgeline dealings. Thanks in advance. The All-Employee Meeting will at 10 a.m. Houston time at the Hyatt Houston Imperial Ballroom. As one of the security measures we have recently employed, we will be checking employee badges the entrance ballroom. All employees will be required to present valid Enron badge with photo. If you do not currently have a photo
isman, Stuart; Nemec, Gerald; ParKs, Joe; SewelL, Doug
subJecT: Re: CasH ComMittee Approval FOr CeNtana Storage ArrangemenT


Chip - PlEAse pUT tHe folLowing tRAnSACtiOn In FroNt OF tHe CasH CoMmittee For approvaL.  As YoU will recall fROm Your discusSioNs with Stuart z, thIs is a sElF fuNDing tRanSactiOn wherE eNA wilL (1) sell gas iN tHE grounD (Storage); (2) PAY pOst-pEtition storage demANd COsts; and, (3) put in (thIrd parTy) EScROW thE prE-petition aMoUnts uNTil such TImE AS A muTUally agreeablE arrangemenT Can Be reacHeD anD The appRopriAtE EstAte approval For sEttling prE-petitIOn obligATions arE receiVed.
 
as mOre fULlY dEscRiBEd iN ThE atTAchEd Batch FUnDiNg ReqUest, THE NEt prOceEds tO the eState will be apProX. $1.7 milLIon With fUndinG antIcIpateD in the First WeEk of March.  
 
Call wiTh quEstions.
 
ThAnkS
 
cMm
 
 
 
 
 -----ORiGinal mEssage-----
froM: ZiSman, StuArt 
Sent: mOndAy, fEBRuAry 4, 2002 10:19 PM
To: Meyer, Chris; PArKS, joE
Cc: SchneIder, ChIP; NEmEC, Gerald
SUbJecT: CenTANa StoRage aRrAngement



chris/JOE
 
ATtAched arE mY commeNtS to The batch fUndiNg RequEst for CeNtana.
 
bY carbon copy of tHIs email, I am senDInG IT tO chip And gerald for thEir rEView And cOMmEnt (cHip anD GeraLd SHoULd accept all changes tO sImplifY theiR review given tHat this is tHEIR first paSs at IT).  CHIp is up to speed oN this Deal (I spoke WIth him abOut thIs last weEk).  I am not sURE whether gerAld KnoWs aNYThIng about this tRANsacTiOn, but hiS skIll set aNd kNowLedGe bAsE make him tHe ideal lAwYeR fOr ThiS arraNGement.
 
GeRaLd - I WoUld Truly APpreciAte it If yoU wOuLD loOk at thiS.  thE GOod nEwS oN thiS trAnSactiOn is THat There is Very littlE in THe waY oF dOcumentAtion.  Your insiGhT would be inVaLuaBle givEN Your BridGeline dealings.
 
Thanks in aDVance.

StUarT The ALl-EmPloyee MeeTinG will bE heLD TuesdAy, Oct. 23, aT 10 a.m. HoUsTon TIMe at tHE hyAtt reGency HoustON impErial baLlroOm.  

As one Of the enhanced securITy mEasures we have RecEntlY EMpLoyED, wE WilL bE CheCKIng employee badgEs at the entRaNCe To the ballrOOm.  ALl EmployeEs will bE requIRed to prEsent a valId Enron baDgE witH A PhoTo.  If you do nOt currenTly have a pHOto
isman, Stuart; Nemec, Gera ld; Parks,  Joe;  Se wel l,  Dou g
Su bject: RE: Cas h  Com mittee Approval for Ce ntana  S t orag e  A rrang ement
Ch i p  -pl ea sepu t  t he fo llo wing tr ansactioninfr ont of the C a sh  Committee  fo r approval. As  you w il l r e callfro m you r disc u ssions  with Stu ar t  Z, th i s is as e lf  fun ding transactionw he r e ENA will (1)  sellga s  i n the  gr ound (stor ag e); ( 2 ) pay p o st - p e tit i on storage de mand costs; and , (3)pu t i n  (thir d par ty )  es crow the pr e-pe tition am ountsu ntil su c h timeas a m utu all y ag r ee ab lear r ang e me ntc anbe reach ed  a nd th e ap p r o p riat e e stat e app roval for set tli ng p r e-p etiti on ob liga ti ons a re rec eived . 
As more fully  des cribed in  th eatt ac hed B a tch Fu ndi ngRequest , the n e t p ro c e e ds  to the estate wil lb e  a pprox. $ 1.7 mi l li on with fun di nganti c i pated  int he  first w eek of Ma rc h.  
 Ca ll wit hque sti ons.
Tha nks
 cmm
 
  
 
- ----Original M e ssage-----
Fr o m: Z is m an,Stu art 
Sent:Mond a y, F ebru a ry  4, 200210:19  P M 
T o : Meyer, Chris; Par ks , JoeCc: S chneider, Chi p; Nemec,G e r ald
Subj ect: Ce n tana Storage A rrang ement



C h ris/Joe 
Att ached ar e my comm e n ts to th e B atc h F und i n gRequest for C e n tana . 
By ca rbo n copyofthi s e mai l,  I am sen ding itto  C hi pand  Gera l d for th ei r r ev iew  andc omment  (Chi p an dGe r ald  should ac c e pt a ll  c hang esto  simp lify the ir revi ew giventha t  thi sis  theirfirst pass at  i t).  Chipis  up  to sp e e d on thi s deal (I spoke with hi m  aboutthi s las t we ek).  I a m n ot sur e w h etherGerald  know sany t h ing a b o ut  th is  transacti o n , b ut hi sskil l set a nd knowledge basem ake  him the idea l l awye r fo r t h is arr an g eme n t .
 
Gerald - Iwould trul ya pp reciate it ifyo u would  look a t thi s .  Thegood news  on thistr ansa c t ion  is that t here isvery litt l e int he  wayofdocume nt ati on. Your i n sig ht wo uld be  i nvalua ble g iv en yourBridgeline dealings.
 Thanks  in a dva nce.

Stu art The  All-Empl oyee  Meeting w ill  be  held  Tu e sday,  Oct .  2 3,a t 10a.m. Houston t i me  at t he  Hyatt Rege n c y  Ho uston  Im p erialBall room.  

As one o f  the enhancedsecu r i tymea s ures  w e have recentl y e mp l o yed, wewi ll be check ing empl oy e e bad ges at  the e ntrance t ot he bal lroo m. All empl oye es will be  r eq u ired t o pr es ent avalidE nron b adge with a phot o.  I f you d o  no t cur re ntly ha v e aphoto
isman, Stuart;_Nemec, Gerald;_Parks, Joe; Sewell, Doug
Subject:_RE: Cash_Committee_Approval for_Centana_Storage Arrangement


Chip -_please put the_following transaction in front_of the Cash_Committee_for approval.  As you will recall from your discussions with Stuart Z, this_is_a self_funding_transaction_where ENA will (1) sell_gas in the ground (storage);_(2) pay_post-petition storage demand costs; and, (3) put in_(third_party) escrow the_pre-petition amounts until such time as a mutually agreeable_arrangement can be reached and the_appropriate estate approval_for_settling_pre-petition obligations are received.
_
As more fully described in the_attached Batch Funding Request, the net_proceeds to the estate will be approx._$1.7 million with funding anticipated in_the first week of March._ 
_
Call with questions.
 
Thanks
 
cmm
_
 
 
_
 -----Original_Message-----
From: Zisman, Stuart_
Sent: Monday, February 4, 2002 10:19_PM
To: Meyer, Chris;_Parks, Joe
Cc: Schneider, Chip; Nemec, Gerald
Subject:_Centana_Storage Arrangement



Chris/Joe
 
Attached_are_my_comments to_the Batch Funding_Request_for Centana.
_
By_carbon copy of this email, I_am_sending it to Chip and Gerald for_their review and comment_(Chip_and Gerald should accept_all changes to simplify their_review given that this is their_first pass_at it)._ Chip is up to speed on this deal (I spoke_with him about this last week)._ I am not_sure whether_Gerald_knows anything about_this_transaction, but_his skill set and knowledge base make_him the_ideal lawyer for this arrangement.
 
Gerald_- I would truly_appreciate_it if you would look at_this.  The good news on_this transaction is that there_is_very_little in the way of_documentation.  Your insight would be_invaluable given your_Bridgeline dealings.
 
Thanks in advance.

Stuart The All-Employee_Meeting_will be held Tuesday, Oct. 23,_at_10 a.m. Houston time at the_Hyatt_Regency_Houston Imperial Ballroom.  

As_one of the enhanced security measures_we have recently employed, we will be checking employee_badges at the_entrance to the ballroom. _All_employees_will be required to present a valid Enron badge with_a photo._ If you_do not currently have a photo