the only update to the attached is at the bottom where:



the scheduled vols are at the Index price, and anything greater than the 
scheduled vols are at GDA.   Thus, any vols more than expected are @ GDA.

joan

---------------------- Forwarded by Joan Quick/HOU/ECT on 12/20/2000 06:07 PM 
---------------------------


Jesus Melendrez@ENRON
12/20/2000 11:31 AM
To: Teresa G Bushman/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT
cc: Joan Quick/HOU/ECT@ECT, Brian Otis/NA/Enron@Enron@ECT, Tim 
Proffitt/HOU/ECT@ECT 
Subject: Re: Physical contract diagram  

Dan,

The attached document incorporates Joan's and Teresa's comments.  Please 
ensure that the ENFOIL contract reflects the commercial points in the 
diagram.  If you have any  question please ask, Joan, Teresa or me.  Thx, 
Jesus






Teresa G Bushman@ECT
12/20/2000 10:56 AM
To: Jesus Melendrez/Corp/Enron@Enron, Joan Quick/HOU/ECT@ECT, Brian 
Otis/NA/Enron@Enron, Tim Proffitt/HOU/ECT@ECT
cc:  

Subject: Physical contract diagram

This is revised to I think clarify a bit.





Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com