Frank and Marie,

Amerada Hess Corporation's Executive Vice President and Chief Financial
Officer, Mr. John Schreyer, has executed the original AHC-Enron North
America Corp. ISDA.  I have overnighted one original ISDA to you this
morning.

Thank you for your time throughout the entire drafting process.

Dana M. Dellacona, Esq.
1185 Avenue of the Americas
NY, NY 10036
Ph:212.536.8133
Fx:917.342.8810
ddellacona@hess.com




		-----Original Message-----
		From:	Sayre, Frank [mailto:Frank.Sayre@ENRON.com]
		Sent:	Wednesday, November 14, 2001 11:46 AM
		To:	Dellacona, Dana (Commodities - NY)
		Subject:	RE: Enron-AHC ISDA

		Dana - I have this document, but that is it.

		-----Original Message-----
		From: Dellacona, Dana (Commodities - NY)
[mailto:ddellacona@Hess.com]
		Sent: Friday, November 09, 2001 8:10 AM
		To: Sayre, Frank
		Cc: Cerria, Chuck (Commodities - NY); Butala, John
(Commodities - NY);
		Cortez, Gregory (Commodities - NY); Trivino, Grimuald
(Commodities -
		NY); Kanter, Eustacia (Commodities - NY)
		Subject: RE: Enron-AHC ISDA




		Frank,

		For your reference, attached please find the most recent
agreed-upon
		draft
		of the Enron-AHC ISDA.

		I look forward to moving to execution shortly,

		Dana
		914-777-0473






**********************************************************************
		This e-mail is the property of Enron Corp. and/or its
relevant affiliate and may contain confidential and privileged material for
the sole use of the intended recipient (s). Any review, use, distribution or
disclosure by others is strictly prohibited. If you are not the intended
recipient (or authorized to receive for the recipient), please contact the
sender or reply to Enron Corp. at enron.messaging.administration@enron.com
and delete all copies of the message. This e-mail (and any attachments
hereto) are not intended to be an offer (or an acceptance) and do not create
or evidence a binding and enforceable contract between Enron Corp. (or any
of its affiliates) and the intended recipient or any other party, and may
not be relied on by anyone as the basis of a contract by estoppel or
otherwise. Thank you.

**********************************************************************