Oktex Pipeline Company

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-560-002, Status: Effective

Third Revised Sheet No. 60C Third Revised Sheet No. 60C : Effective

Superseding: Substitute Second Revised Sheet No. 60C

CAPACITY RELEASE TIME LINE

Short term release (less than 1 year):

Offers should be tendered by 12:00 a.m. on the business day before nominations

for short-term releases (less than 1 year);

open season ends no later than 1:00 p.m. on a business day (evaluation period

begins at 1:00 p.m. during which contingency is eliminated, determination of

best bid is made, and ties are broken); evaluation period ends at 2:00 p.m.;

match or award is communicated by 2:00 p.m.;

match response by 2:30 p.m.;

award posting by 3:00 p.m.;

posting of pre-arranged deals not subject to bid as soon as Transporter is

informed of the prearranged deal regardless of whether the contract has yet been

executed;

contract tendered with contract # within one (1) hour after the pipeline has

been notified of the release regardless of whether a contract has been executed

with the replacement shipper for biddable releases able to submit nominations

once the capacity award is made or, in the case of a pre-arranged deal at the

earliest available nominations opportunity after acquisition of capacity.

Long term release (1 year or more):

Offers should be tendered by 12:00 a.m. four business days before award for long-term releases;

open season ends no later than 1:00 p.m. on the business day.(open season is three business days);

evaluation period begins at 1:00 p.m. during which contingency is eliminated,

determination of best bid is made, and ties are broken;

evaluation period ends at 2:00 p.m.;

match or award is communicated by 2:00 p.m.;

match response by 2:30 p.m.;

award posting by 3:00 p.m.;

posting of pre-arranged deals not subject to bid as soon as Transporter is

informed of the prearranged deal regardless of whether the contract has yet been executed;

contract tendered with contract # within one (1) hour after the pipeline has

been notified of the release regardless of whether a contract has been executed

with the replacement shipper for biddable releases able to submit nominations

once the capacity award is made or, in the case of a pre-arranged deal at the

earliest available nomination opportunity after acquisition of capacity.

For non-biddable releases:

Timely Cycle

-posting of prearranged deals not subject to bid are due by 10:30 A.M. on a Business Day;

-contract issued within one hour of award posting (with a new contract number, when applicable); nomination

possible beginning at the next available nomination cycle for the effective date of the contract.

(Central Clock Time)

Evening Cycle

-posting of prearranged deals not subject to bid are due by 5:00 P.M. on a Business Day;

-contract issued within one hour of award posting (with a new contract number, when applicable); nomination

possible beginning at the next available nomination cycle for the effective date of the contract.

(Central Clock Time)

Intraday 1 Cycle

-posting of prearranged deals not subject to bid are due by 9:00 A.M. on a Business Day;

-contract issued within one hour of award posting (with a new contract number, when applicable); nomination

possible beginning at the next available nomination cycle for the effective date of the contract.

(Central Clock Time)

Intraday 2 Cycle

-posting of prearranged deals not subject to bid are due by 4:00 P.M. on a Business Day;

-contract issued within one hour of award posting (with a new contract number, when applicable); nomination

possible beginning at the next available nomination cycle for the effective date of the contract.

(Central Clock Time)