mocean,
here you go.
Try fish finder rigs and try 3 way's, I have found that in a slow drift the eel tangles more easily with a 3 way. Fish finders are nice just remember to let out some line.
Easiest method is through both lips like you would a minnow. Another popular method is to place the hook in the mouth and come out an eye socket forward of the eye. You will need something to grab the slimy Eels with. A dry towel works the best. Newspapers and papertowels will also work. Calming the Eels down with ice is recommemded, but there is a happy medium between slow/cold, and frozen to death.
What is a good hook to use? I am not sure how it came about, but there are a few common type hooks to use and the size is in a 4/0 or 5/0. Mustad 92553BL, and Gamakatsu 02414 and 02415 have become the standard. The hooks are black, short shank and off-set. Four foot leaders of 30 pound test do the job just fine. A few anglers like longer leaders, about six feet in length. This length makes it very difficult for one angler to be able to net his own fish.
How heavy of a weight should you use? That answer depends on your drifting speed and water depth. Most of the time, the 1 ounce bead trolling weight/inline trolling sinkers do the job. Upgrade to heavier weights when the wind blows harder. The bead chain trolling weights are the most sucessful at preventing line twist when drifting Eels.
Jay