---------------------- Forwarded by Tana Jones/HOU/ECT on 01/25/2000 04:46 PM 
---------------------------
   
	
	
	From:  Mark Taylor                           01/24/2000 03:36 PM
	

To: Tana Jones/HOU/ECT@ECT
cc:  
Subject: Aquilia

It never ends.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 01/24/2000 03:35 
PM ---------------------------

	Kathryn Cordes
	01/24/2000 03:30 PM
	
To: Bob Shults/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Debbie R 
Brackett/HOU/ECT@ECT, David Forster/LON/ECT@ECT
cc: Brent A Price/HOU/ECT@ECT 
Subject: Aquilia

Bob:

This communication is to keep everyone informed of the back office issues 
related to EOL trades with Aquilia 

The Aquilia office (Aquilia Energy) in Omaha contacted our Settlements team 
regarding the EOL day deals(invoices) stating that they were not Aquilia 
Energy or Aquilia Risk Deals but rather Aquilia Southwest deals.  Aquilia 
Southwest is not approved for EOL trading.  To ensure timely payment, 
Settlements faxed all the invoices to the San Antonio office and have been 
notified that payment for these invoices to Aquilia Energy and Aquilia Risk 
will be made by Aquilia Southwest.  Aquilia wanted us to change the 
counterparty to Aquilia Southwest but it was explained to them that these 
were EOL deals and the counterparty would not be changed.  

Scott Mills provided a query of Jan. EOL deals to (just for Texas business) 
Settlements to help them gauge and anticipate potential counterparty issues.  

Settlements might be able to have another billing address set up for Aquilia 
Energy with the address being the San Antonio office in order to minimize the 
effort to getting the invoices to the correct office.  

I have not heard anything more regarding an assignment processes for Aquilia 
Risk/Energy and would like to know were that stands.  I would like 
clarification about Aquilia Risk having credit approval taken away for 
Physical deals.  

Thanks,
KC