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

Original Volume No. 1

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

Original Sheet No. 322 Original Sheet No. 322 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

28. CAPACITY RELEASE PROGRAM (Contd.)

28.8 Notice by Shipper Electing to Release Capacity on Prearranged

Release Basis and Confirmation of Bid by Prearranged Shipper. The

Releasing Shipper shall deliver a notice of a prearranged release

via Transporter's electronic bulletin board or via an electronic

data interchange (EDI) upload of the prearranged deal utilizing the

NAESB WGQ Standard data sets. Likewise, the Prearranged Shipper

must confirm its bid electronically either interactively on the EBB

or via an EDI upload of the confirmation utilizing the NAESB WGQ

Standard data sets. The offer upload bidder confirmation and quick

response process should support the association of a replacement

capacity contract with another contract for balancing or related

purposes. The support for this process between parties should be on

a mutually agreeable basis (NAESB WGQ Standard 5.3.30). The EBB

notice shall set forth the following information:

(a) all the items contained in Section 28.7 hereof required to

define a prearranged release;

(b) Prearranged Shipper's legal name, address, and the name of the

individual responsible for authorizing the bid for the

prearranged release;

(c) the term of the proposed acquisition of capacity by

Prearranged Shipper (minimum term of any release is one Day);

(d) the reservation rate, expressed as a daily rate (dollars and

cents) or percentage of the maximum reservation rate, as

specified by Releasing Shipper, the Prearranged Shipper has

agreed to pay for the released capacity and any minimum

volumetric load factor, if applicable. In conformance with

NAESB WGQ Standard 5.3.26, Releasing Shipper has the choice to

specify dollars and cents or percents of maximum Tariff rate

in the denomination of bids and Transporter shall support

this. Once the choice is made by the Releasing Shipper, the

bids should comport with the choice. If capacity is released

on a volumetric Rate basis, it cannot be re-released by the

Replacement Shipper;

For purposes of bidding and awarding, maximum/minimum rates

specified by the Releasing Shipper shall include the Tariff

reservation rate and all reservation surcharges, as a total

number or stated separately (NAESB WGQ Standard 5.3.27);