Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-329-001, Status: Effective

First Revised Sheet No. 126 First Revised Sheet No. 126

Superseding: Original Sheet No.126

GENERAL TERMS AND CONDITIONS (cont'd)

19.6 Offer and Bid Procedures - (c) (cont'd)

(C) if subject to recall, whether the reservation

charge paid by the ACQUIRING SHIPPER is to be

pro rated for any days on which the capacity is

actually recalled;

(D) if subject to recall, whether or not the

RELEASING SHIPPER will reput the capacity to the

ACQUIRING SHIPPER at the end of the term of the

recall of capacity.

(vi) the duration of the posting period for bids in

accordance with Section 19.9;

(vii) the numeric quantity of capacity per day to be

released and whether bids for less than the full

quantity offered are acceptable;

(viii) the term of the release and whether bids for less than

the full term offered are acceptable;

(ix) the Primary Delivery Points and the Primary Receipt

Points at which capacity is offered;

(x) whether the offer is subject to a Prearranged Release,

if so, the name of the prearranged ACQUIRING SHIPPER

as well as whether the Prearranged Release is to an

asset manager (and, if so, with what supply

obligations) and/or whether the release is to a

marketer participating in a state-regulated retail

access program;

(xi) any minimum acceptable reservation charge stated in

the number of decimal places as stated per Pipelines

Rate Schedules, based on one of the following:

(A) specific dollars and cents;

(B) percent of maximum reservation rate,

and whether the RELEASING SHIPPER will accept bids on

the reservation charge converted to a volumetric rate

basis;

(xii) whether the minimum reservation rates are inclusive or

exclusive of any and all demand surcharges;