Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective

Original Sheet No. 147 Original Sheet No. 147 : Effective

GENERAL TERMS AND CONDITIONS

11. IMBALANCES, PURCHASE AND SALE OF GAS AND ACQUISITION OF OFF-SYSTEM

CAPACITY (Contd.)

11.2 MONTHLY IMBALANCES, NETTING AND OFFSETTING (Contd.)

C. Transporter shall enable the Imbalance trading process

whereby Shippers can trade Imbalances within the same

Operational Impact Area via its Interactive Website or

via EDI by:

(1) Receiving the Request for Imbalance Trade;

(2) Receiving the Imbalance Trade Confirmation;

(3) Sending the Imbalance Trade Notification; and

(4) Reflecting the trade prior to or on the next

Monthly Shipper Imbalance or cashout statement.

D. All Imbalance Trades shall be received by the seventeenth

(17th) Business Day of each Month. Imbalance trades can

only be withdrawn by the initiating trader and only prior

to the confirming trader's confirmation of the trade.

Imbalance trades are considered final when confirmed by

the confirming trader and effectuated by Transporter.

E. After receipt of an Imbalance Trade Confirmation,

Transporter shall send the Imbalance Trade Notification

to the initiating trader and the confirming trader no

later than noon (Central Clock Time) the next Business

Day.