Thanks looks good.  I guess I just have a chip on my shoulder these days about being relegated to the world of details!

 -----Original Message-----
From: 	Fossum, Drew  
Sent:	Tuesday, September 25, 2001 11:17 AM
To:	Corman, Shelley
Subject:	FW: Settlement Offer

Here's the latest draft--this is on the way over to staff right now. I'll make sure all future settlement stuff goes to you. Thanks.

 -----Original Message-----
From: 	Miller, Mary Kay  
Sent:	Tuesday, September 25, 2001 9:26 AM
To:	'"Moore, Charles A" <cmoore@AKINGUMP.COM>@ENRON'; Fossum, Drew; Harris, Steven; McCarty, Danny; Hartsoe, Joe; "\"Gallagher@ENRON; Boland & Meiburger\" <lwin@gbmdc.com>@ENRON"	<IMCEANOTES-+22Gallagher+2C+20Boland+20+26+20Meiburger+22+20+3Clwin+40gbmdc+2Ecom+3E+40ENRON@ENRON.com>; Moore, Charles A; Nuschler, Robin; Porter, Gregory J.; Pavlou, Maria; Kilmer III, Robert
Cc:	Darveaux, Mary; Kirk, Steve
Subject:	RE: Settlement Offer

Per discussion with Drew and Joe, here are some mods which I think mitigate our internal issue on an interactive open season and what that means.   Please provide any comments asap and then Robyn can take the document, unredline and submit to Staff for us.  Which should be doable today,   Mary Kay << File: TranswesternSettlementOffer1.doc >> 

 -----Original Message-----
From: 	"Moore, Charles A" <cmoore@AKINGUMP.COM>@ENRON [mailto:IMCEANOTES-+22Moore+2C+20Charles+20A+22+20+3Ccmoore+40AKINGUMP+2ECOM+3E+40ENRON@ENRON.com] 
Sent:	Tuesday, September 25, 2001 9:10 AM
To:	Fossum, Drew; Harris, Steven; McCarty, Danny; Miller, Mary Kay; Hartsoe, Joe; "\"Gallagher@ENRON; Boland & Meiburger\" <lwin@gbmdc.com>@ENRON"	<IMCEANOTES-+22Gallagher+2C+20Boland+20+26+20Meiburger+22+20+3Clwin+40gbmdc+2Ecom+3E+40ENRON@ENRON.com>; Moore, Charles A; Nuschler, Robin; Porter, Gregory J.; Pavlou, Maria
Cc:	Rob Kilmer
Subject:	RE: Settlement Offer

I agree.  We need to get moving if we stand any chance at all of beating the ID from the Judge.  If we are ready w/ the document, I move we have Robin send and call as discussed.

-----Original Message-----
From: Fossum, Drew [mailto:Drew.Fossum@ENRON.com]
Sent: Tuesday, September 25, 2001 8:56 AM
To: Harris, Steven; McCarty, Danny; Miller, Mary Kay; Hartsoe, Joe;
"Gallagher, Boland & Meiburger" <lwin@gbmdc.com>@ENRON; Charlie Moore;
Robin Nuschler; Porter, Gregory J.; Pavlou, Maria
Cc: Rob Kilmer
Subject: RE: Settlement Offer


Here's what I'd like to do on this--we'll just take out the word
"interactive" in describing the open season we're proposing to use for
operational capacity.  I think Staff will come back and ask for an
interactive process, but we can address that issue when and if we get to
the next step.  Again, this initial offer is mostly designed to simply
get the process rolling and to flush Staff out on whether they are
serious or not.  We won't start putting meaning into the very broad
concepts in the outline unless Staff comes back with a serious interest
in settling.  Thanks.  df

>  -----Original Message-----
> From: 	Harris, Steven
> Sent:	Tuesday, September 25, 2001 8:40 AM
> To:	McCarty, Danny; Miller, Mary Kay; Hartsoe, Joe; Fossum, Drew;
> '"Gallagher, Boland & Meiburger" <lwin@gbmdc.com>@ENRON'; 'Charlie
> Moore'; 'Robin Nuschler'; Porter, Gregory J.; Pavlou, Maria
> Cc:	'Rob Kilmer'
> Subject:	RE: Settlement Offer
>
> I think I need to clarify something. I believe EOL can develop a
> format similar to our original IOS which would allow "interactive
> bidding." That is what we were working on to develop either through
> EOL directly or "Deal Bench."
>
> 	 -----Original Message-----
> 	From: 	McCarty, Danny
> 	Sent:	Tuesday, September 25, 2001 8:23 AM
> 	To:	Miller, Mary Kay; Hartsoe, Joe; Fossum, Drew; Harris,
> Steven; '"Gallagher, Boland & Meiburger" <lwin@gbmdc.com>@ENRON';
> 'Charlie Moore'; 'Robin Nuschler'; Porter, Gregory J.; Pavlou, Maria
> 	Cc:	'Rob Kilmer'
> 	Subject:	RE: Settlement Offer
>
> 	But that allows all parties to game the system rather than to
> bid the capacity at a value that is compatible with the individual
> party's economics.  Or does FERC not see that as a driver (values at
> which a willing buyer and a willing seller would transact).  This
> would always put a Seller at a disadvantage.
>
> 		 -----Original Message-----
> 		From: 	Miller, Mary Kay
> 		Sent:	Tuesday, September 25, 2001 8:15 AM
> 		To:	McCarty, Danny; Hartsoe, Joe; Fossum, Drew;
> Harris, Steven; '"Gallagher, Boland & Meiburger"
> <lwin@gbmdc.com>@ENRON'; 'Charlie Moore'; 'Robin Nuschler'; Porter,
> Gregory J.; Pavlou, Maria
> 		Cc:	'Rob Kilmer'
> 		Subject:	RE: Settlement Offer
>
> 		I agree it uses an interactive tool, ie  hottap, but I
> feel what FERC wants is interactive bidding on the posted capacity, so
> that all have a chance to see others bids and anti up their bid-  EOL
> doesn't allow that-  MK
>
> 			 -----Original Message-----
> 			From: 	McCarty, Danny
> 			Sent:	Tuesday, September 25, 2001 8:11 AM
> 			To:	Miller, Mary Kay; Hartsoe, Joe; Fossum,
> Drew; Harris, Steven; '"Gallagher, Boland & Meiburger"
> <lwin@gbmdc.com>@ENRON'; 'Charlie Moore'; 'Robin Nuschler'; Porter,
> Gregory J.; Pavlou, Maria
> 			Cc:	'Rob Kilmer'
> 			Subject:	RE: Settlement Offer
>
> 			But isn't that exactly what "interactive"
> means??
>
> 			 -----Original Message-----
> 			From: 	Miller, Mary Kay
> 			Sent:	Monday, September 24, 2001 3:10 PM
> 			To:	Hartsoe, Joe; Fossum, Drew; Harris,
> Steven; '"Gallagher, Boland & Meiburger" <lwin@gbmdc.com>@ENRON';
> 'Charlie Moore'; 'Robin Nuschler'; Porter, Gregory J.; Pavlou, Maria
> 			Cc:	'Rob Kilmer'; McCarty, Danny
> 			Subject:	RE: Settlement Offer
>
> 			I don't think we can call EOL an interactive
> open season, since once clicked it is sold-
>
> 			 -----Original Message-----
> 			From: 	Hartsoe, Joe
> 			Sent:	Monday, September 24, 2001 2:17 PM
> 			To:	Fossum, Drew; Harris, Steven;
> '"Gallagher, Boland & Meiburger" <lwin@gbmdc.com>@ENRON'; 'Charlie
> Moore'; 'Robin Nuschler'; Porter, Gregory J.; Pavlou, Maria; Miller,
> Mary Kay
> 			Cc:	'Rob Kilmer'; McCarty, Danny
> 			Subject:	RE: Settlement Offer
>
> 			Drew, We need to be careful that we do not
> provide a marketing affiliate advanced information on capacity
> availability through EOL.  Joe
>
> 			 -----Original Message-----
> 			From: 	Fossum, Drew
> 			Sent:	Monday, September 24, 2001 2:14 PM
> 			To:	Harris, Steven; '"Gallagher, Boland &
> Meiburger" <lwin@gbmdc.com>@ENRON'; 'Charlie Moore'; 'Robin Nuschler';
> Porter, Gregory J.; Pavlou, Maria; Miller, Mary Kay; Hartsoe, Joe
> 			Cc:	'Rob Kilmer'; McCarty, Danny
> 			Subject:	RE: Settlement Offer
>
> 			Steve, do you see a problem with using EOL as
> the IOS process for the operational capacity deals?  I don't propose
> that we get into this level of detail with Staff at this time, but if
> they like the overall proposal, at some point we'll need to let them
> know that what we mean by IOS is the EOL process.  (I don't see why
> we'd have to design a new IOS from scratch if EOL works fine)  Is
> anyone nervous that the idea of using EOL as part of our capacity
> posting and sales process will make it harder to sell a settlement to
> the Indicated Shippers?
>
> 			 -----Original Message-----
> 			From: 	Harris, Steven
> 			Sent:	Monday, September 24, 2001 1:59 PM
> 			To:	'"Gallagher, Boland & Meiburger"
> <lwin@gbmdc.com>@ENRON'; Fossum, Drew; Charlie Moore; Robin Nuschler;
> Porter, Gregory J.; Pavlou, Maria; Miller, Mary Kay; Hartsoe, Joe
> 			Cc:	Rob Kilmer; McCarty, Danny
> 			Subject:	RE: Settlement Offer
>
> 			I am OK with this but with one note. The
> interactive open season (IOS) mentioned in 1.b. will most likely
> utilize Enron Online going forward. The current IOS process is no
> longer available because of system changes. Therefore, any new IOS
> system will cost us some investment($?).
>
> 			 -----Original Message-----
> 			From: 	"Gallagher, Boland & Meiburger"
> <lwin@gbmdc.com>@ENRON
> [mailto:IMCEANOTES-+22Gallagher+2C+20Boland+20+26+20Meiburger+22+20+3C
> lwin+40gbmdc+2Ecom+3E+40ENRON@ENRON.com]
> 			Sent:	Monday, September 24, 2001 10:49 AM
> 			To:	Fossum, Drew; Charlie Moore; Robin
> Nuschler; Harris, Steven; Porter, Gregory J.; Pavlou, Maria; Miller,
> Mary Kay; Hartsoe, Joe
> 			Cc:	Rob Kilmer; McCarty, Danny
> 			Subject:	Settlement Offer
>
>
> 			Suggested revisions.
>
> 			Steve Stojic
> 			 - TranswesternSettlementOffer.doc << File:
> TranswesternSettlementOffer.doc >>


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