| News Releases News Release Archive | January 29, 2002 POTENTIAL CAPACITY EXPANSION IN
TransGas Limited (TransGas) hereby announces an Open Season for a firm receipt capacity expansion of the TransGas system. This Open Season is being conducted pursuant to the Terms and Conditions contained within The TransGas Comprehensive Tariff and the terms and conditions set out herein. This Open Season will allow TransGas to evaluate shipper interest, to determine the need for, and assess the feasibility of, a possible expansion, and to solicit commitments for new firm receipt transportation service from Southwestern Saskatchewan. The Open Season is being offered in relation to existing TransGas receipt points in Southwestern Saskatchewan that are currently connected to the MIPL(C)L Shaunavon Pipeline (extending from 1-23 W3M to 18-18 W3M), or to new receipt points that could potentially be connected to the Shaunavon Pipeline. For clarity, this includes existing receipt points on the following laterals: Cypress Lateral (extending from 6-30 W3M to 1-22 W3M), Cadillac Lateral (extending from 9-13 W3M to 9-17 W3M), and the Wymark Lateral (extending from 12-13 W3M to 14-14 W3M) and potential new receipt points in the vicinity of the Shaunavon Pipeline or these laterals. All customer requests received during this Open Season will be assigned the same queue position, i.e. there will be no priority allocation among these requests, as described in the Queue Procedure in the Tariff. Applications for Service received before the Open Season will maintain a higher priority in the TransGas Queue while Applications for Service received after the Open Season will maintain a lower priority in the TransGas Queue than the Open Season requests. Customer Specific Facilities costs will be determined for individual requests and are subject to the TransGas Standard Investment Policy. As well, Open Season requests are subject to the Queue Deposit requirements as outlined in the Tariff. Subject to sufficient customer commitments being secured, TransGas anticipates having the pipeline expansion ready for service on or before 2003 April 1, provided the necessary regulatory approvals are received and facilities can be constructed by that date. The Open Season commences at 8:00 a.m. CDT on 2002 January 29 and will close at 5:00 p.m. CDT on 2002 February 8. Parties interested are invited to complete the attached Offer Sheet and return it to TransGas' office by 5:00 p.m. CDT on 2002 February 8. Open Season requests can be faxed, couriered or e-mailed to TransGas at the following addresses/phone number: Attention: Randy Greggains In the event the evaluation of TransGas shows that the interest expressed in this Open Season supports proceeding with this service offering, TransGas will issue Offer Sheets to customers who have submitted an Expression of Interest detailing the required customer specific facilities (if any are required) and their associated costs. Customers who at this point are no longer interested in this Open Season can obtain a refund of their Queue Deposit by advising TransGas of their withdrawal from the Open Season. TransGas will assess whether the customer commitments support this expansion based on the receipt of the executed Offer Sheets from the interested parties. The pricing of the firm receipt transportation associated with any required expansion will be at standard TransGas postage stamp rates currently set at 11.9 ¢/GJ (based on 100% load factor). If you have any questions, please contact:
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