Canyon Creek Compression Company

Third Revised Volume No. 1

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Effective Date: 09/24/2001, Docket: RP01-515-000, Status: Effective

Third Revised Sheet No. 144 Third Revised Sheet No. 144 : Effective

Superseding: Second Revised Sheet No. 144

GENERAL TERMS AND CONDITIONS

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16.4 PREARRANGED RELEASE

 

Subject to Section 16.6, a Shipper seeking to release its

Eligible Firm Compression Agreement capacity rights to a Prearranged

Shipper shall deliver a Capacity Release Request to Canyon's

Interactive Website or via EDI at Canyon's designated site for an open

season. The Capacity Release Request shall set forth:

 

(a) The Releasing Shipper's legal name, address and phone

number, the Prearranged Shipper's legal name, address, phone number,

and telefax number, the Eligible Firm Compression Agreement number,

the date of the Eligible Firm Compression Agreement and the name and

title of the individuals at the Releasing Shipper and the Prearranged

Shipper responsible for authorizing the capacity release;

 

(b) A statement that the Prearranged Shipper has agreed

to be bound by a capacity award to the Prearranged Shipper under this

Section 16 by Canyon and to execute a Released Firm Compression

Agreement, which consists of Canyon's standard form of FCS Agreement

and the terms and conditions of the Prearranged Release, in accordance

with Canyon's Tariff. Such statement shall also set forth:

 

(1) The quantity of the capacity (in Dth per day)

and the transportation path(s) being released, including

identification by Canyon's PIN Number (or Common Code) of the primary

Receipt Points, primary Delivery Points, and the firm capacity to be

released at each such point;

 

(2) The fixed reservation charge and/or volumetric

charge the Prearranged Shipper has agreed to pay for the released

capacity;

 

(3) Whether the capacity being released is subject

to recall and/or future reput in the Prearranged Release and, if so,

the exact conditions of such recall and/or reput (which conditions

must conform with Sections 16.5 and 16.14); and

 

(4) The proposed effective date of the Prearranged

Release and the proposed term of the Prearranged Release.