Pancanadian Energy Services

Can we talk about this and get an update on this type of thinking since we
last met.

thanks,
Jeff
---------------------- Forwarded by Jefferson D Sorenson/HOU/ECT on
03/01/2000 04:50 PM ---------------------------

Enron North America Corp.

From: Willie Harrell 03/01/2000 04:50 PM

To: Jefferson D Sorenson/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: Pancanadian Energy Services

Rick Tucker attorney for Pancanadian Energy has questioned the necessity
of receiving an additional copy of confirmations on EOL deals. Rick is
requesting that Enron stop sending written confirmations on EOL deals.
Pancanadian is currently not returning these
confirmations. Rick's argument is that Enron is requesting that they execute
EOL deals twice. Mark Taylor (legal) opinion is that the traders should
inform the counterparty what Enron's policy is. Mark has assigned this
issue to Carol St.Clair to resolve. To date no revised legal
position has been decided. Counterparty contacts are:
Rick Tucker (legal) : ph. (713)331-5049
Cyrena Stanley (secretary) : ph. (713)331-5145
willie