NATURAL GAS ICE HENRY HUB - ICE OTC                                  Code-023391
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:    4,568,414
COMMITMENTS
 468,065  340,228  1433526  2630591  2758553  4532182  4532307   36,232   36,107

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:   -199,512)
  -4,183  -70,403   -9,730 -135,175  -65,481 -149,088 -145,614  -50,424  -53,898

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.2      7.4     31.4     57.6     60.4     99.2     99.2      0.8      0.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      218)
      32       33       58      137      130      198      194
 
 
SOCAL BORDER FIN BASIS - ICE OTC                                     Code-023393
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      340,079
COMMITMENTS
  16,004   34,580   10,805  299,280  288,130  326,089  333,515   13,990    6,564

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:     15,871)
   3,776   10,656      916   10,031    4,831   14,723   16,403    1,148     -532

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.7     10.2      3.2     88.0     84.7     95.9     98.1      4.1      1.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       50)
       7        1        7       38       34       46       41
 
 
PG&E CITYGATE FIN BASIS - ICE OTC                                    Code-023394
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      167,054
COMMITMENTS
   2,160        0    5,849  152,412  159,413  160,421  165,262    6,633    1,792

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:     -1,126)
      64        0     -180   -1,342     -946   -1,458   -1,126      332        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     1.3      0.0      3.5     91.2     95.4     96.0     98.9      4.0      1.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       44)
       2        0        2       34       40       36       42
 
 
NWP ROCKIES FIN BASIS - ICE OTC                                      Code-023395
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      325,554
COMMITMENTS
   7,262   28,729    2,462  310,082  287,023  319,806  318,214    5,748    7,340

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:      3,710)
   1,498      756      186    2,108    3,699    3,792    4,641      -82     -931

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.2      8.8      0.8     95.2     88.2     98.2     97.7      1.8      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       46)
       1        4        5       34       33       39       38
 
 
AECO FIN BASIS - ICE OTC                                             Code-023396
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      836,615
COMMITMENTS
     744   38,490   20,008  812,546  774,759  833,298  833,257    3,317    3,358

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:     30,526)
      93    3,214     -624   30,357   27,169   29,826   29,759      700      767

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.1      4.6      2.4     97.1     92.6     99.6     99.6      0.4      0.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       67)
       1        5        5       56       48       62       53
 
 
CHICAGO FIN BASIS - ICE OTC                                          Code-023397
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      239,247
COMMITMENTS
   9,406   18,087    4,932  218,978  210,477  233,316  233,496    5,931    5,751

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:      3,106)
     816     -232     -188    3,032    4,009    3,660    3,589     -554     -483

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.9      7.6      2.1     91.5     88.0     97.5     97.6      2.5      2.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       48)
       2        1        2       39       35       41       38
 
 
HSC FIN BASIS - ICE OTC                                              Code-023398
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      392,257
COMMITMENTS
   7,090       60   17,712  360,143  367,333  384,945  385,105    7,312    7,152

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:      2,013)
  -1,937      -31      -14    3,816    1,719    1,865    1,674      148      339

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     1.8      0.0      4.5     91.8     93.6     98.1     98.2      1.9      1.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       59)
       6        1        6       43       41       50       47
 
 
WAHA FIN BASIS - ICE OTC                                             Code-023399
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/03/12          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      174,777
COMMITMENTS
   8,461    9,994    8,120  155,369  147,339  171,950  165,453    2,827    9,324

CHANGES FROM 12/27/11 (CHANGE IN OPEN INTEREST:      1,411)
   3,096    1,748     -638   -1,086      118    1,372    1,228       39      183

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.8      5.7      4.6     88.9     84.3     98.4     94.7      1.6      5.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       40)
       3        2        3       28       30       31       35
 

Updated January 6, 2012