Arkansas Western Pipeline Company

First Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-187-006, Status: Effective

Substitute First Revised Sheet No. 33 Substitute First Revised Sheet No. 33 : Superseded

Superseding: First Revised Sheet No. 33

 

SCHEDULE B

 

Capacity Release Timetable (Central Time)

 

The Capacity Release timeline set forth herein is applicable to all parties involved in

the Capacity Release process; however, it is only applicable if (1) all information provided by

the parties to the transaction is valid and the acquiring shipper has been determined to be

creditworthy before the capacity release bid is tendered, (2) there are no special terms or

conditions of the release, and (3) the releasing Shipper has not specified a different timeline,

which in no event shall be shorter than that

set forth herein.

 

Capacity release facilitator shall post offers and bids, including pre-arranged deals,

upon receipt, unless releasing shipper requests otherwise. If a releasing shipper requests a

posting time, the capacity release service facilitator should support such request insofar as is

comports with the standard timeline set forth in this Schedule.

 

For short-term releases of less than five (5) months, the following timeline shall

apply:

 

1. Offers to release should be tendered by 1:00 pm on the

day before nominations for the released capacity are due;

 

2. The open season shall end no later than 2:00 pm on the

day before nominations for the released capacity are due (evaluation period begins at 2:00 pm

during which contingency is eliminated, determination of best bid is made, and ties are broken);

 

3. Evaluation period ends at 3:00 pm and match or award is communicated by 3:00 pm;

 

4. Any match response must be made by 4:00 pm, and the

award will be posted by 5:00 pm;

 

5. Any prearranged release not subject to bidding shall be

posted by 9:00 am on the Day of nominations;

 

6. Transporter shall tender a contract with a contract number, by

10:00 am, and, the contract will be executed, and the

replacement Shipper shall be able to submit a timely nomination

for the following Gas Day.

 

If a release is for a term of five (5) months or more, steps 1 and 2 above shall be

replaced by the following:

 

1. Offers to release shall be tendered by 1:00 pm four

Business Days prior to the award for long-term release; and

 

2. The open season shall end no later than 2:00 pm on