Appreciate this was finally executed.  Thanks to all for your assistance.  
Collateral has been returned to Statoil.

Molly



From: Tana Jones on 07/05/2000 03:27 PM
To: Bob Bowen/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Laurel 
Adams/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, 
Larry Joe Hunter/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Chris 
Walker/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, Pamela Sonnier/HOU/ECT@ECT, 
Jarrod Cyprow/HOU/ECT@ECT, Sheetal Patel/HOU/ECT@ECT, Gordon 
Heaney/Corp/Enron@ENRON, Souad Mahmassani/Corp/Enron@ENRON, William S 
Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Nidia 
Mendoza/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Rod 
Nelson/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT, Lesli 
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Veronica 
Espinoza/Corp/Enron@ENRON, Paul Radous/Corp/Enron@ENRON, Wendi 
LeBrocq/Corp/Enron@Enron, Brad Schneider/Corp/Enron@Enron, Brent 
Hendry/SA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, 
Susan Flynn/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Susan 
Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Mary 
Solmonson/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT, Yolanda 
Cordova-Gilbert/HOU/ECT@ECT, Diane Ellstrom/HOU/ECT@ECT, Lynn E 
Shivers/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Leslie Reeves/HOU/ECT@ECT, 
Jason Moore/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, 
Anthony Campos/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Mary G 
Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, 
Frank L Davis/HOU/ECT@ECT, Carrie Southard/HOU/ECT@ECT, Amber 
Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Melissa Ann 
Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Bridgette 
Anderson/Corp/Enron@ENRON, Molly Harris/HOU/ECT@ECT, Bob Klein/HOU/ECT@ECT
cc:  
Subject: Statoil/J. Aron  Assignment

We have received the executed Assignment and Novation of Transactions dated 
June 28, 2000 wherein Statoil Energy Trading, Inc. ("Assignor") assigned its 
interest in certain natural gas wholesale and derivatives transactions with 
Enron North America Corp. to J. Aron & Company ("Assignee").

 A copy of the trades being assigned is attached to the assignment which will 
be distributed to the usual distribution group, plus Bob Klein.