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From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MHEARD>
To: Allen, Kimberly </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Gwaddr/cn=PSC.PS1.Kimberly Allen>, Anderson, Diane </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Danders2>, Bailey, Susan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sbaile2>, Bell, Jean </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jbell>, Bowen, Bob </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bbowen>, Boyd, Samantha </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sboyd2>, Brackett, Debbie R. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dbracke>, Bradford, William S. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Wbradfo>, Brown, Angela Y. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Abrown8>, Campos, Anthony </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Acampos>, Cason, Sharen </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Scason>, Cisneros, Celeste </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ccisnero>, Conwell, Wendy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Wconwell>, Cook, Mary </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mcook>, Crawford, Sharon </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Scrawfo3>, Curry, Ken </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Kcurry>, Ebow, Amber </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Aebow>, Ellstrom, Diane </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dellstr>, Espinoza, Veronica </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Vespino>, Fischer, Jason </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jfische2>, Garcia, Jorge A.  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jgarci11>, Gerard, Camille </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cgerard>, Gonzalez, Veronica </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Vgonza2>, Gray, Barbara N. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bgray>, Hare, Bill D. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bhare>, Heaney, Gordon </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Gheaney>, Hendry, Brent </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bhendry>, Hundl, Kimberly </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Khundl>, Johnson, Cheryl </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cjohnso5>, Johnson, Rudwell </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rjohnso2>, Jones, Tana </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tjones>, Koehler, Anne C. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Akoehle>, Lambert, Karen </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Klamber>, Landau, Georgi </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Glandau>, Landry, Shemeika S. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Slandry>, Lebrocq, Wendi </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Wlebrocq>, Lees, Lisa </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Llees>, Leite, Francisco Pinto </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Fleite>, Mendoza, Nidia </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Nmartin>, Monterrey, Maribel </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mmonterr>, Moore, Jason </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jmoore1>, Moran, Tom </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tmoran>, Mulvany, Patrick </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Pmulvany>, Murphy, Melissa Ann </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mmurphy>, Nelson, Cheryl </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cnelson4>, Neuner, Dale </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dneuner>, Ngo, Tracy <Tracy.Ngo@ENRON.com>, Ornelas, Bianca </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bornelas>, Otto, Randy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rotto>, Panus, Stephanie </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Spanus>, Piwetz, Stephanie </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Spiwetz>, Radous, Paul </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Pradous>, Rajaram, Aparna </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Arajaram>, Reeves, Leslie </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lreeves>, Richardson, Stacey </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Srichar2>, Rodriguez, Bernice </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Brodrig>, Rodriguez, Melissa </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mrodrig3>, Rohauer, Tanya </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Trohaue>, Sacks, Edward </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Esacks>, Sayre, Frank </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Fsayre>, Schott, Samuel </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sschott>, Seib, Dianne </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dseib>, Sever, Stephanie </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ssever>, Shackleton, Sara </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Sshackl>, Shivers, Lynn </O=ENRON/OU=NA/CN=RECIPIENTS/CN=LSHIVER>, Sietzema, Linda </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lsietze>, Sonnonstine, Max </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Msonnons>, Southard, Carrie </O=ENRON/OU=NA/CN=RECIPIENTS/CN=CSOUTHA>, Taylor, Mark E (Legal) </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mtaylo1>, Theriot, Kim S. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ktherio>, Vanek, Darren </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dvanek>, Williams, Jason R (Credit) </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jwilli10>
Date: Tuesday, November 27, 2001 2:51:13 GMT
Subject: 

We have received the following financial Master Agreement:

Type of Contract:		ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:			November 14, 2001

Enron Entity:			Enron North America Corp.

Counterparty:			Amerada Hess Corporation

Transactions Covered:		Approved for all products with the exception of:  Foreign Exchange

Confirming Entity:		Enron North America Corp.

Governing Law:			New York

Special Handling Requirement:	Counterparty has five (5) Local Business Days after a confirmation was received by it to accept or dispute a confirmation.

Copies will be distributed.