Re: Financial Confirm NP6050.1

Just so that you are aware, we continue to have problems with the financial
confirm process from Houston. On more than one occasion, confirmations have
been sent to our counterparties prior to review by Calgary. Attached is the
most recent one. We have been assured over and over that this will not
happen again, however, it continues to happen. Luckily, this confirmation
went out without any errors in it. I know that you are very busy, but is
there any way that you can make it a priority to get resolution on moving the
financial confirmations to Calgary.
---------------------- Forwarded by Peggy Hedstrom/CAL/ECT on 07/18/2000
02:10 PM ---------------------------

From: Larry Joe Hunter 07/18/2000 01:15 PM

To: Peggy Hedstrom/CAL/ECT@ECT
cc: Diane Anderson/NA/Enron@Enron, Andrea R Guillen/HOU/ECT@ECT
Subject: Re: Financial Confirm NP6050.1

Peggy,

As far as I can tell, we simply screwed up on this deal. Diane Anderson, who
was covering for Angie last week, was using my name to sign off on some other
Canada deals which were approved from last week then signed and sent this one
by mistake. We're terribly sorry for the mistake. Call me if you want to
discuss.

Thanks,
Joe

Peggy Hedstrom
07/18/2000 09:55 AM

To: Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: Financial Confirm NP6050.1

Since Dianne Seib is currently on vacation, I am reviewing the financial
confirms. For the referenced confirm, the status is currently showing 'Sent
to Counterparty", although our records show that we have not yet approved the
revised confirm. Can you check on this for me and let me know whether this
was sent prior to receiving Calgary's approval? If you have any questions, I
can be contacted at ext. 6753.
Thanks
Peggy