Enron Mail

From:jeffrey.shankman@enron.com
To:eric.thode@enron.com
Subject:Re: Euell Energy Issue
Cc:mike.mcconnell@enron.com, mark.palmer@enron.com, john.nowlan@enron.com
Bcc:mike.mcconnell@enron.com, mark.palmer@enron.com, john.nowlan@enron.com
Date:Thu, 12 Oct 2000 07:22:00 -0700 (PDT)

I want Platts, etc. to apologize and retract their story.

Jeff




Eric Thode@ENRON
10/12/2000 01:00 PM
To: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, John L
Nowlan/HOU/ECT@ECT, Mark Palmer/Corp/Enron@ENRON
cc:
Subject: Euell Energy Issue

I have fielded two calls regarding the Euell Energy issue. They are from
Beth Evans at Platt's and Robert Givens at Bridge News. They have both
spoken with Renard Euell and asked for our side of the story. Primary points
made are as follows:

9/28 or 29 - Mr. Euell contacted Enron through an employee in another
division of Enron
- This contact was forwarded to John Nowlan through a second employee
9/29 - Nowlan contacted Mr. Euell and told him that if Euell receives part
of the oil that Enron would talk to him about a possible deal
- Euell said he felt he would win part (NOTE: This was said in response to
Beth's comment that Euell claimed Enron contacted him with apparent inside
knowledge that Euell was going to win part of the bid.)
10/3 or 4 - Euell called us regarding the SPR oil he won
- We asked for the particulars of his bid and he stated them to us
10/4 - Enron received from Euell a copy of his letter to the DOE
- The details were different than Euell had told us, but conversations
continued
10/5 - Enron faxed a draft Novation Agreement to Euell. This was never
executed. In fact, it has never left draft form.
10/5 thru 9 - Various conversations with Euell
- He claimed to be in conversations with Nigeria, Shell, Mobil, BP,
Equilon, Koch and Phillips
10/10 - Enron spoke with Euell around noon and suggested he take another
deal that Euell claimed to have
- Euell called Enron around 4:30 pm...Enron reiterated belief that Euell
should take the bid he claimed to have
- Interestingly, Euell was in Houston supposedly having meetings with
various companies, but never requested a meeting with Enron, nor did he
ever have a meeting with Enron

Both reporters, prior to their conversation with me, are convinced the guy is
a flake. And lay most of the blame for the SPR debacle on the back of the
DOE. Palmer plans to contact John Fialka at Wall Street Journal later
today. If you have any questions, call me at ext. 3-9053.

Eric