For October, Tenaska IV should be paying us.  We bought gas from Apache and 
Williams on Lone Star Pipeline.  We sold that gas to Tenaska IV when the 
Cleburne plant was operating.  On days the plant was not operating, we sold 
that gas to other counterparties (the sales on Lone Star you see for ENA).  
For September, we may need to pay them an amount, but I need to check into 
that.  With the way this deal has been in the structuring process over a 
couple of months, there are some questions on how to handle Sep.  I'll let 
you know what I determine about Sep.

D


   
	Enron North America Corp.
	
	From:  Megan Parker @ ENRON                           11/21/2000 09:25 AM
	

To: Daren J Farmer/HOU/ECT@ECT
cc:  
Subject: Tenaska IV Receivables

Daren:
Can you shed a little light on this Tenaska IV deal?  James Armstrong is 
telling me that we should have a purchase deal in the system to pay Tenaska 
IV for the 9/00 and 10/00 gas that we are marketing for them.  I do not see a 
deal in Path Manager for either month.  I also need some detail on who we are 
buying and selling this gas from and to.  There are a number of 
counterparties at Lonestar for ENA and I'm not sure which ones go with this 
deal.  Is there a schedule you can email to me?  James is looking for an 
answer today on the Tenaska IV payment, so whatever you can tell me will be 
appreciated.

Thanks,
Megan
---------------------- Forwarded by Megan Parker/Corp/Enron on 11/21/2000 
09:15 AM ---------------------------


James Armstrong@ECT
11/20/2000 06:00 PM
To: Megan Parker/Corp/Enron@ENRON
cc:  

Subject: Tenaska IV Receivables

Megan below is a list of the outstanding receivables for Tenaska IV Texas 
Partners, Ltd. (1089):

September - Sales:

 MMbtu  Price  Amount  
 26,275  5.20  136,630
 18,538  5.06  93,802.28  
 20,000  5.045  100,900
 25,000  5.09  127,250

Totals 89,813    $458,582.28 (This total is per phone conversation with 
Darren Farmer)


October - Sales summary per Detail Economics Report - 1,124,275 MMbtu for 
$5,148,787.47 (these amounts were adjusted for the Gas sent to the plant for 
their direct use - 427,851 MMbtu for $1,245,046.41).

The total of these two amounts is $5,607,369.75.  Please let me know what the 
payment schedule is for these amounts. 

Additionally, I need to ask about the payment schedule for Tenaska IV this 
month.  I need to find out if I am paying the following bills or if it is 
something your department is going to pay.  Please advise:

Williams Energy 1,722,293.49
      354,175.00
   2,076,468.49

Apache Corp  1,348,500.00

TXU/Lone Star     111,980.31

I need to submit my funding request tomorrow, so please let me know where we 
stand on these items as soon as possible.  Thanks.

James