Adelphia Gateway – Prearranged Open Season for

Existing Capacity in Zone North A
(Open Season No. AG202609_OS002)
Adelphia Gateway, LLC (“Adelphia”) is conducting a Prearranged Open Season in accordance

with Section 26.6(f) of the General Terms and Conditions of its FERC Gas Tariff (as it may be in

effect from time to time, the "Tariff") seeking binding bids for up to 30,000 Dth/d of Firm

Transportation Service (“FTS”) from an existing receipt point in Zone North A as described further

below. Adelphia’s System Map is available at https://www.adelphiagateway.com/about/systems-

map.aspx. Unless otherwise indicated, capitalized terms that are used but not defined herein shall

have the meanings ascribed to them in the Tariff.

Transportation Service Offering

Zone North A – Existing Capacity from Columbia- Gilbert

Adelphia has up to 30,000 Dth/d of firm capacity available in Zone North A with primary receipt

at its existing receipt point with Columbia Gas Transmission, LLC (“Columbia”) at Gilbert (“Col-

Gilbert”) and primary delivery to Adelphia’s existing receipt point with Transcontinental Gas Pipe

Line Company, LLC at Lower Mud Run North A (“Transco Lower Mud Run North A”) via

displacement only. The capacity will become available on November 1, 2026. Such capacity will

have secondary rights in Zone North A pursuant to Section 5 of Adelphia’s FERC Gas Tariff

(“Tariff”).

Any bidder that desires to submit a binding bid into this Prearranged Open Season may do so by

completing the attached Prearranged Open Season Bid Form. The award of any capacity will be

subject to the Contracting for Service and Capacity Award processes described below.

The Prearranged Open Season will commence at 8:00 a.m. Central Prevailing Time (“CPT”) on

September 16, 2026, and close at 5:00 p.m. CPT on September 22, 2026.

Rates

The FTS offerings will be performed under Adelphia’s Rate Schedule FTS and Part 284(G) of the

Federal Energy Regulatory Commission’s (“FERC”) regulations. Adelphia is seeking bids that

include a) a reservation rate up to the maximum Rate Schedule FTS reservation rates; and b) at

least 50 percent sharing of revenue that is realized by the positive daily spread value between the

Midpoint prices for Transco zone 6, non-N.Y. and Texas Eastern, M-3 as published in Platts Gas

Daily (“Revenue Sharing”) for any receipts and deliveries scheduled on any day on a secondary

basis or based upon an alternative calculation of the net daily spread to be mutually agreed upon

prior to the beginning of each Gas Day.

In addition to the FTS reservation rate, shippers will be responsible for Transporter’s Use (%), as

defined in the Tariff, commodity charges, ACA and all other applicable surcharges as approved

by FERC for FTS under the Tariff.

Term

Adelphia is seeking a term beginning November 1, 2026, and continuing through March 31, 2027.

Creditworthiness

The terms and conditions governing Adelphia’s creditworthiness requirements are set forth in

Adelphia’s Tariff. Any bidder desiring to request FTS under this Prearranged Open Season must

provide Adelphia with a completed credit application form or otherwise have sufficient credit

established to support a new contract. Adelphia reserves the right to reject bids in the event

requesting bidders are unable to meet applicable creditworthiness requirements.

Prearranged Open Season Procedure

As indicated above, this Prearranged Open Season will end at 5:00 p.m. CPT on September 22,

2026 (“Deadline”).

Accordingly, any bidder desiring FTS offered in this Prearranged Open Season must complete and

submit to Adelphia the attached Bid Form and the credit application referenced above, if necessary,

by the Deadline. Bidders submitting a Bid Form will be expressing a binding commitment to

contract for FTS on Adelphia, subject to execution of an FTS agreement with Adelphia (and a

precedent agreement, if new facilities are required). All Bid Forms received will be treated as

confidential.

Upon close of the Prearranged Open Season, Adelphia will evaluate all bids received by the

Deadline.

A Prearranged Shipper has executed a binding Prearranged Agreement for all the available

capacity, at a reservation rate of $0.01/Dth/d and for a term of 5 months beginning on November

1, 2026.
Capacity Award Process

In accordance with Section 26.6(f) of the Tariff, the net present value of any bids received in this

Prearranged Open Season will be determined in accordance with Section 26.6(a) of the Tariff. The

Prearranged Agreement will be deemed the binding bid of the Prearranged Shipper. If Adelphia

receives a bid(s) that exceeds the net present value of the Prearranged Agreement, Adelphia will

notify the Prearranged Shipper within one (1) Business Day after the close of this Prearranged

Open Season. The Prearranged Shipper must notify Adelphia within one (1) Business Day of its

election to either match the bid(s) with the highest net present value or terminate the Prearranged

Agreement. The highest rate that the Prearranged Shipper must match to receive service under the

Prearranged Agreement is the Maximum Recourse Rate. If the Prearranged Shipper elects to match

the bid(s), all the capacity will be awarded to the Prearranged Shipper. If the Prearranged Shipper

elects not to match a higher competing bid(s), the capacity will be awarded to the Shipper(s) with

the highest bid in this Prearranged Open Season. All bids in this Prearranged Open Season are

binding and a Shipper with an unmatched higher bid must execute a Service Agreement consistent

with the terms of its bid within three (3) Business Days of receiving notice of its award of capacity.

In the event valid winning unmatched bidder requests exceed the capacity that Adelphia can make

available, Adelphia will award such capacity among bidders willing to execute binding Service

Agreements on a not unduly discriminatory basis.

Contracting for Service

Upon the close of the Prearranged Open Season bidding period, Adelphia will evaluate all valid

bids as set forth in the associated Bid Forms. Adelphia representatives will contact the winning

bidder(s) in order to finalize the terms on which service will be provided to complete the

Prearranged Open Season process. Adelphia reserves the right to reject any bidder’s valid bid in

the event a duly authorized representative of such bidder has not executed a binding FTS

agreement for such service, within three (3) Business Days of winning bidder being notified of

award.
Limitations and Reservations

Adelphia reserves the right to reject any and all bids that do not satisfy the requirements set forth

in this Prearranged Open Season Notice. Without limiting the foregoing, Adelphia may reject any

bids in which the Prearranged Open Season Bid Form is incomplete, is inconsistent with the terms

and conditions outlined in this Prearranged Open Season Notice, contains conditions, additional

or modified terms, or is otherwise deficient in any respect.

Adelphia also reserves the right to reject bids in the event requesting bidders are unable to meet

applicable creditworthiness requirements. No bids shall be binding on Adelphia unless and until

duly authorized representatives of both a requesting bidder and Adelphia have executed a FTS

agreement.

Adelphia reserves the right, at any time during this Prearranged Open Season, upon notice and in

its sole discretion, to terminate this Prearranged Open Season, to extend the Prearranged Open

Season, or to modify this Prearranged Open Season.

Please fill out associated Bid Form and return to email listed below:

Contacts:

Garrison Fick (281) 798-3229

Jim Downs (848) 332-3661

E-mail:

AdelphiaMarketing@AdelphiaGateway.com

Signed for Identification

Adelphia:

Shipper:

Supersedes Appendix 2 Dated

“TETCO M-3” means the Platts Gas Daily, Final Daily Price Survey, Midpoint

gas price in dollars per MMBtu posted under the Northeast listing applicable to

Tx. Eastern, M-3 for the day of its delivery.

Notwithstanding the foregoing, the Revenue Sharing Mechanism will not be applied on any day on

which its application would result in negative Shared Revenues.

OTHER CHARGES AND SURCHARGES: Shipper shall be responsible for (1) the ACA

surcharge, and (2) any charge or surcharge that applies to service under Rate Schedule FTS.

FUEL AND LOST AND UNACCOUNTED FOR GAS: Shipper agrees to provide Fuel and Lost

and Unaccounted for Gas in the amount specified in the statement of rates applicable to Rate

Schedule FTS from time to time.

PRE-ARRANGED OPEN SEASON BID FORM

Firm Capacity from Columbia-Gilbert to Transco Lower Mud Run North A

Open Season No. AG202609_OS002

1)

BIDDER NAME: _____________________________________________________

PERSON INITIATING REQUEST FOR CAPACITY

NAME: _______________________________ TITLE: ___________________________

PHONE: _______________________________

EMAIL ADDRESS: _________________________________________________________

2)

CONTRACT TERM:

SERVICE COMMENCEMENT DATE

_______________

SERVICE END DATE

_______________

3)

RESERVATION RATE BID _______________________________$/DTH/DAY

4)

REVENUE SHARING PERCENTAGE_________________

% (of revenue that is realized by the

positive daily spread value between the Midpoint prices for Transco zone6, non-N.Y. and Tx.

Eastern, M-3 as published in Platts Gas Daily for scheduled secondary deliveries) or based

upon an alternative calculation of the net daily spread to be mutually agreed upon prior to

the beginning of each Gas Day.

5)

PRIMARY RECEIPT POINT

Columbia-Gilbert (Zone North A)

_____________ MDQ (DTH/Day)

6)

PRIMARY DELIVERY POINT

Transco Lower Mud Run North A (Zone North A) _____________ MDQ (DTH/Day)

7)

COMMENTS: (please note any requested related contract terms)

________________________________________________________________________

________________________________________________________________________

Signature:________________________________

Date: ______________________

Please email completed Pre-Arranged Open Season Bid Form to: AdelphiaMarketing@njresources.com