Sara,

This is an e-mail list of our group, it is probably a good idea to send a 
REMINDER to everyone in the group, at least to make everyone aware.

Russell


 William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Tanya 
Rohauer/HOU/ECT@ECT, Mary Tudon/HOU/ECT@ECT, Nidia Mendoza/HOU/ECT@ECT, Brant 
Reves/HOU/ECT@ECT, Russell Diamond/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, Lesli 
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Paul Radous/Corp/Enron@ENRON, 
Edward Sacks/Corp/Enron@Enron, Brad Schneider/Corp/Enron@Enron, Dorothy 
Youngblood/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Wendi 
LeBrocq/Corp/Enron@Enron, Veronica Gonzalez/HOU/ECT@ECT, Darren 
Vanek/NA/Enron@Enron, Bradley Diebner/HOU/ECT@ECT, Martin 
O'Leary/HOU/EES@EES, Andrew Greer/NA/Enron@Enron, Jane 
Wilhite/NA/Enron@Enron, Walter Guidroz/NA/Enron@Enron, Veronica 
Espinoza/Corp/Enron@ENRON




From: Sara Shackleton on 09/01/2000 01:43 PM
To: Russell Diamond/HOU/ECT@ECT
cc:  
Subject: Re: City of Dublin- Swap  

Russell:  Thanks for the info.  I do need to send a REMINDER to the credit 
group about the authority issues raised by municipals (governmentals, cities, 
etc.) entering into financial trades.  Where can I obtain the most recent 
list of credit people (you know how those credit people are) who deal with 
financial trading?  Thanks.  Sara

P.S.  the early production payment docs typically conveyed an undivided 90 % 
interest in the producer's net revenue interest in particular properties.  
The other 10 % was considered "excess" for purposes of you know what.



	Russell Diamond
	09/01/2000 12:03 PM
		 
		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: 
		 Subject: City of Dublin- Swap

Sara,

According ot Financial Settlements, the City of Dublin transaction that I 
told you could have some legal risk because it is a municipality, was 
actually the trigger to a physical transaction.  I asked if they could book 
this in the system as a Physical Swap so we show no financial exposure.

Russell