W T G Hugoton, LP

Original Volume No. 1

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Effective Date: 08/01/2007, Docket: CP06- 90-002, Status: Effective

Original Sheet No. 263 Original Sheet No. 263 : Effective

GENERAL TERMS AND CONDITIONS

- match or award is communicated by 2:00 P.M.;

- match response by 2:30 P.M.

- where match required, award posting by 3:00 P.M.

- 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)

For non-biddable releases:

Timely Cycle

- posting of prearranged deals not subject to bid are due by 10:30

A.M.

- 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.

- 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.

- 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.

- 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)