Listed below are ENA's pool balances as of 11/30/01 and 12/31/01.  From ENA's perspective, I would prefer to terminate the pools effective 11/30/01.  That would leave ENA with a negative pre-petition imbalance on Dominion and ENA would not have to pay the producers for December production or worry about selling a positive imbalance in an un-friendly market.  However, Dominion will probably not let ENA terminate the pools until 12/31/2001 due to the negative cumulative imbalance.

Questions that need to be answered, 
	** will ENA have to pay the producers for December (possibly January) production if Dominion will not let ENA terminate the pools any earlier?
	** how will Dominion handle the positive imbalance if the pool is terminated on 12/31/01 or later?

	

The operations contact at Dominion is Iris King (304-627-3213), she is one of the managers over the operations group.  In my opinion, we should terminate the pools as early as possible.



3/5/02 Per Vickie Coen at Dominion
ENA Pool Balances as of
			11/30/01	12/31/01	
Gat North		1,323		2,187		
Tran North		0		0
Gat South		(26,482)		31,583
Tran South		5,412		8,143

Cumulative		(19,747)		41,913
Dom Inside Ferc		$3.37		$2.42


 -----Original Message-----
From: 	"Proctor, Shemin V." <sproctor@akllp.com>@ENRON  
Sent:	Tuesday, March 05, 2002 6:31 AM
To:	Germany, Chris
Cc:	Mann, Kay; Price, Wade R.
Subject:	Dominion

Hi Chris,
I am just checking to see whether you sent me your conclusions regarding
whether ENA should terminate the pooling agreement with Dominion. Do we
still need to speak with Iris? And, can we set up a meeting with Ed
McMichael so that we can make a decision and move forward? Please call
(5-3910) or email me.
Thanks,
Shemin