Cheyenne Plains Gas Pipeline Company, L.L.C.

Original Volume No. 1

Effective Date: 12/01/2004, Docket: CP03-302-004, Status: Effective

Original Sheet No. 321 Original Sheet No. 321 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

28. CAPACITY RELEASE PROGRAM (Contd.)

28.7 Notice by Shipper Electing to Release Capacity On An Open Season

Basis (Contd.)

(o) The time and date the notice is to be posted on Transporter's

EBB. Release notice will be posted upon receipt unless

otherwise requested by Releasing Shipper (open season dates

will be posted by Transporter based on the requirements of

Section 28.5 of this Tariff or by the Releasing Shipper, if

Releasing Shipper requests a longer open season or an earlier

posting than is required in Section 28.5). After the open

season has commenced, a Releasing Shipper cannot specify the

extension of an open season bid period without posting a new

release;

(p) whether the Releasing Shipper is willing to accept contingent

bids;

(q) Releasing Shipper shall elect one of the following:

(i) establish minimum terms of the release and display them

on the electronic bulletin board; or

(ii) establish minimum terms of the release and keep such

terms confidential (i.e., not post them on the

electronic bulletin board) but Bidding Shippers will be

informed on the EBB that minimums have been established;

(iii) establish no minimum terms; Releasing Shipper will

accept highest bid received for the release.

(r) any other applicable conditions of the release.