February Excess Gas Price

For Feb, gas will be flowing into NWPL.

The VPP vol is 1,815/d, and the excess piece is 571/d. The entire excess
piece will be priced at Gas Daily - South of Green River, less $0.04. I know
we spoke
about pricing the excess a portion at an IFGMR price, and a portion at Gas
Daily, however, the volumes are small and using 50/50 pricing, then 285 would
be at
one price and 285 is at the other, and this is really too small to track.
So, I told the trader to price it all at Gas Daily. When the volumes are
bigger - the excess vols,
then we can break it out.

First of the Month Nom Summary:
MMBtu/d
1,815 VPP
571 Excess
--------
2,386 TOTAL