~~ STATE SOUTH - South Carolina

STATE OF SOUTH CAROLINA

(Caption of Case)

/g~F6 ~~BEFORE THE

PUBLIC SERVICE COMMISSIONOF SOUTH CAROLINA

COVER SHEET

DOCKET2001 410 G

(Please type or print)

Submitted by: Piedmont Natural Gas

Address: PO Box 33068

SC Bar Number:

Telephone:

Fax:

704-731-4560

704-364-1395

Charlotte, NC 28233 Other:

Email: jenny. furr iedmontng. corn

NOTE: The cover sheet and information contained herein neither replaces nor supplements the filing and service of pleadings or other papersas required by law. This form is required for use by the Public Service Commission of South Carolina for the purpose of docketing and must

be filled out corn letel .

DOCKETING INFORMATION (Check all that apply)

Request for item to be placed on Commission's AgendaEmergency Relief demanded in petition expeditiously

Monthly Analysis of Deferred Account - Hedging Program

INDUSTRY (Check one) NATURE OF ACTION (Check all that apply)

Electric

Electric/Gas

Electric/Telecommunications

Electric/Water

Electric/Water/Telecom.

Electric/Water/Sewer

x Gas

Railroad

Sewer

Telecommunications

Transportation

Water

Water/Sewer

Administrative Matter

Other:

Affidavit

Agreement

Answer

Appellate Review

Application

Brief

Certificate

Comments

Complaint

Consent Order

Discovery

Exhibit

Expedited Consideration

Interconnection Agreement

Interconnection Amendment

Late-Filed Exhibit

Letter

Memorandum

Motion

Objection

Petition

Petition for Reconsideration

Petition for Rulemaking

Petition for Rule to Show Cause

Petition to Intervene

Petition to Intervene Out of Time

Prefiled Testimony

Promotion

Proposed Order

Protest

Publisher's Affidavit

X Report

Request

Request for Certification

Request for Investigation

Resale Agreement

Resale Amendment

Reservation Letter

Response

Response to Discovery

Return to Petition

Stipulation

Subpoena

Tariff

Other:

Print Form Reset Form

STATE OF SOUTH CAROLINA

(Caption of Case)

BEFORE THE

PUBLIC SERVICE COMMISSION

OF SOUTH CAROLINA

COVER SHEET

DOCKET2001 410NUMBER: - -

(Please type or print)

Submitted by: Piedmont Natural Gas

Address: PO Box 33068

Charlotte, NC 28233

SC Bar Number:

Telephone:

Fax:

Other:

Email"

704-731-4560

704-364-1395

j enny.furr_piedmontng.com

NOTE: The cover sheet and information contained herein neither replaces nor supplements the filing and service of pleadings or other papers

as required by law. This form is required for use by the Public Service Commission of South Carolina for the purpose of docketing and must

be filled out completely.

DOCKETING INFORMATION (Check all that apply)

Request for item to be placed on Commission's Agenda

[] Emergency Relief demanded in petition [] expeditiously

[] Other: Monthly Analysis of Deferred Account - Hedging Program

] INDUSTRY (Check one)[I

[] Electric

[] Electric/Gas

[] Electric/Telecommunications

[] Electric/Water

[] Electric/Water/Telecom.

[] Electric/Water/Sewer

[]Gas

[] Railroad

[] Sewer

[] Telecommunications

[] Transportation

[] Water

[] Water/Sewer

[] Administrative Matter

[] Other:

NATURE OF ACTION (Check all that apply)

[] Affidavit

[] Agreement

]Answer

[] Appellate Review

[] Application

[] Brief

[] Certificate

[] Comments

[] Complaint

[] Consent Order

[] Discovery

[] Exhibit

[] Expedited Consideration

[] Interconnection Agreement

[] Interconnection Amendment

[] Late-Filed Exhibit

[] Letter

[] Memorandum

[] Motion

[] Objection

[] Petition

[] Petition for Reconsideration

[] Petition for Rulemaking

[] Petition for Rule to Show Cause

[] Petition to Intervene

[] Petition to Intervene Out of Time

[] Prefiled Testimony

[] Promotion

[] Proposed Order

[] Protest

[] Publisher's Affidavit

[] Report

[] Request

[] Request for Certification

[] Request for Investigation

[] Resale Agreement

[] Resale Amendment

[] Reservation Letter

[] Response

[] Response to Discovery

[] Return to Petition

[] Stipulation

[] Subpoena

[] Tariff

[] Other:

[ Reset F°rm [

Natural Gas

March 13, 2009

Mr. Charles TerreniChief Clerk AdministratorPublic Service Commission of South Carolina101 Executive Center Drive, Suite 100Columbia, South Carolina 29210

Re: Docket No. 2001-410-G.

Dear Mr. Terreni:

Enclosed is Piedmont's Deferred Account-Hedging Program report for the period end December

31, 2008.

If you have any questions, please feel free to contact me.

Sincerely,

Jenny FurrManager-Regulatory Reporting704-731-4560Jenny. Furr@Piedmontng. corn

Enclosures

C: ORS

PO. Box 33068 ~ Charlotte, NC 28233 ~ www. piedmontng. corn

mlllllll .,e°oo Natural Gas

March 13, 2009

Mr. Charles Terreni

Chief Clerk Administrator

Public Service Commission of South Carolina

101 Executive Center Drive, Suite 100

Columbia, South Carolina 29210

Re: Docket No. 2001-410-G.

r. .

. :_ ,/_ ¸/-

%

Dear Mr. Terreni:

Enclosed is Piedmont's Deferred Account-Hedging Program report for the period end December

31, 2O08.

If you have any questions, please feel free to contact me.

Sincerely,

Jenny Furr

Manager-Regulatory Reporting704-731-4560

[email protected]

Enclosures

C: ORS

RO. Box 33068 • Charlotte, NC 28233 ° www.piedmontng.com

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ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 I/I/. Jackson Blvd. Suite 1600AChicago, IL 60604-3190

MONTHLY COMMODITY STATEMENT

STATEMENT DATE: DEC 31, 2008

AO Oph DA5 Ptu CtY(5»

Q~

ACCOUNT NUMBER:

SALBSMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH 'MANAGBMBNT(704)264-2767

PIBDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTB NC 28233-3060

IP YOU HAVE ANY QUESTIONS OR ISSUESRBGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

* * * * » » » » » Y 0 U R A C T I V I T Y T H I S M 0 N T H

DATE

12/01/8

12/02/8

12/04/8

12/05/8

12/05/8

12/08/8

12/22/8

LONG/BUY SHRT/SELL DESCRIPTION

11/08 INTERESTCREDIT INTERESTWIRE TRANSFER RECWIRE TRANSFER RECEIVED

WIRE TRANSFER RECWZRB TRANSPER RBCEIVED

WZRB TRANSPER RECWIRE TRANSFER RECEIVED

WIRE TRANSPER RECWIRB TRANSPER RECEIVED

WIRE TRANSFER DISBWIRE TRANSPER DISBURSED

WIRE TRANSPBR RECWIRE TRANSPER RECEIVED

EX PRICE/LEGND CC

WIREREC US

DEBIT

WIREREC US

CR ZNT US

WIREREC US

WIREREC US

WZREREC US

WIRESNT US 453, 288. 00

CRBDIT

1 838 730 00

1,458, 790.00

I 879.27

1,798, 109.00

2, 069, 475. 73

2, 707, 237.00

12/24/812/24/812/24/812/24/8

12/26/812/26/812/26/812/26/812/26/812/26/812/26/812/26/8

Q~j 87

22223211

8) 87

2211

X l5.5D

g CSj'1. N)022

JAN 09 NATURAL GASPUT JAN 09 NATURAL GASPUT JAN 09 NATURAL GASPUT JAN 09 NATURAL GAS

CALL J'AN 09 NATURAL GASCALL JAN 09 NATURAL GASCALL JAN 09 NATURAL GASCALL O'AN 09 NATURAL GASCALL JAN 09 NATURAL GASCALL O'AN 09 NATURAL GASCALL J'AN 09 NATURAL GASCALL O'AN 09 NATURAL GAS

C7000 C7050 C8000 C

8600 C8700 C9150 C

10500 C14000 C14850 C15000 C20000 C

P&SEXER/ASSNEXER/ASSNEXER/ASSN

EXPIREEXPIREEXPIREEXPIREEXPIREEXPIREEXPIREBXPIRE

US 1,070, 257. 00

US — 2 d/~-~'~ %-;US

j O/ 7 '3II 0. C:tJ

".8

USUSUSUSUS

.00

.00

.00

.00

.00

.00

.00.00.00

.00

.00

12/29/8

12/30/8

WIRE TRANSFER DISBWIRE TRANSFER DISBURSBD

WZRB TRANSFER DISBWIRE TRANSFER DISBURSED

WIRESNT US 3, 627, 269.00

WIRESNT US 1,387, 114.00

* » * * * * * » » » * » P 0 S I T I 0 N S I N Y 0 U R A C C 0 U N T

10/20/8 18 PUT SEP 10 NATURAL GAS 5600 C18* OPTION MARKET VALUB

EXPIRE 8/26/10AVERAGE SHORT: .300

.300.524US 94, 320.00

94, 320.00»

10/08/8

LAST TRADB DATE: 8/26/10

12 PUT APR 09 NATURAL GAS 6000 C12» OPTION MARKET VALUE

33, 000. 00- SIM EXPIRB 3/26/09AVBRAGE SHORT: .200

.200 US 90, 840. 00

.757 90, 840. 00*

PLEASE REPORT ANY D, FFERENCES OR OBJECTIONS IMMEDIATELY. 0 R FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED 'vVILL BE DEFMIED YOUR AGREEI'v1ENT THAT THIS STATEI'. IENT IS CORRECT AND RATIFIED

RFTAIN FOR TAX RECORDS

ADM INVESTOR SERVICES, INC.

Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600A

Chicago, IL 60604-3190



ACCOUNT NUMBER: X2068

SALESMAN NUMBER: XI21

INTRODUCED BY: RBC-WEALTH'MANAGEMENT

(704)264-2767

PIEDMONT NATURAL GAS CO

SOUTH CAROLINA ACCOUNT

ATTN ROB THORNTON

PO BOX 33068

CHARLOTTE NC 28233-3060

IF YOU HAVE ANY QUESTIONS OR ISSUES

REGARDING YOUR STATEMENT THAT YOU

ARE UNABLE TO RESOLVE WITH YOUR BROKER,

PLEASE CONTACT ADMIS CUSTOMER SERVICE AT

1/800/654-0461 or 312/242-7200.

• • • • . • . . •

DATE LONG/BUY

12/Ol/8

12/02/8

1210418

1210518

1210518

12/o8/8

].2/22/8

12/24/8 _ 87 _) 8712/24/8 54

12/24/8 _ = I_ 2212/24/8 _:_ _ 11

x 15.5-D12/26/8 22 .,_------------

12/26/8 22 ._ t.,,,Z_,l.Db3212/26/8

12/26/8 II12/26/8 32

12/26/8 11

12/26/8 II

12/26/8 22

12/29/8

12130/8

• • • • • • • • • . • • . . •

10/20/8 18

18"

YOUR ACTIVITY TH I S MONTH * * * * * * * * * * * * * *

SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT CREDIT

WIRE TRANSFER REC

WIRE TRANSFER RECEIVED

WIRE TRANSFER DISB

WIRE TRANSFER DISBURSED

WIRE TRANSFER REC


WIREREC US 1,838,730.00

WIRESNT US 453,288.00

WIREREC US 1,458,790.00

11/08 INTEREST CR INT US (_} 879.27CREDIT INTEREST

WIRE TRANSFER REC WIREREC US 1,798,109.00


WIRE TRANSFER REC


WIRE TRANSFER REC


WIREREC US 2,069,475.73

WIREREC US 2,707,237.00

JAN 09 NATURAL GAS C P&S US

PUT JAN 09 NATURAL GAS 7000 C EXER/ASSN US



CALL JAN 09 NATURAL GAS 8600 C EXPIRE US








1,070,257.00

_J21_ .0 0- 2, d/'l.c,o ' .oo.00

j, oL,Z 5_0. c;9

.00

.00

.00

.00

.00

.00

.00

.00

WIRE TRANSFER DISB WIRESNT US 3,627,269.00


WIRE TRANSFER DISB WIRESNT US 1,387,114.00


POSITIONS IN YOUR ACCOUNT

PUT SEP I0 NATURAL GAS 5600 C .300 US 94,320.00

OPTION MARKET VALUE .524 94,320.00*

EXPIRE 8/26/10

AVERAGE SHORT: .300

LAST TRADE DATE: 8/26/10

10/08/8 12 PUT APR 09 NATURAL GAS 6000 C .200 US 90,840.00

12" OPTION MARKET VALUE .757 90,840.00*

33,000.00- SIM EXPIRE 3/26/09

AVERAGE SHORT: .200

L;,.5¥ _-_.;.,..D_, .OA¥_,; 3/_5/0_PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WiLL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

RETAIN FOR TAX RECORDS

ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600AChicago, IL 60604-3190



PAGB 2

ACCOUNT NUMBBR:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH MANAGEMENT(704)264-2767

PIBDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTE NC 28233-3060

IP YOU HAVB ANY QUESTIONS OR ISSUESREGARDING YOUR STATBMBNT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKBR,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

9/03/810/08/8

LONG/BUY SERT/SELL DESCRIPTION EX PRICE/LEGND CC

.170 US

.300 US

.757

14 PUT JUN 09 NATURAL GAS 6000 C13 PUT JUN 09 NATURAL GAS 6000 C27* OPTION MARKET VALUE

25, 920.00- SIM BXPIRE 5/26/09AVBRAGE SHORT: .232

DEBIT

105, 980.0098, 410.00

204, 390.00»

CREDIT


10/07/810/20/8

11 PUT JUL 09 NATURAL GAS 6000 C11 PUT JUL 09 NATURAL GAS 6000 C22» OPTION MARKET VALUE

EXPIRB 6/25/09AVERAGE SHORT: .250


.200 US 82, 610.00

.300 US 82, 610.00

.751 165,220. 00»

10/08/8 11 PUT AUG 09 NATURAL GAS 6000 C11» OPTION MARKET VALUE

BXPZRE 7/28/09AVERAGB SHORT: .330

.330 US 87, 340.00

.794 87, 340.00»

10/07/8

LAST TRADE DATB: 7/28/09

11 PUT SEP 09 NATURAL GAS 6000 C11» OPTION MARKET VALUE



.300 US 93, 170.00

.847 93, 170.00»

9/29/8 17 PUT OCT 09 NATURAL GAS 6000 C17» OPTION MARKET VALUE

EXPIRE 9/25/09AVERAGB SHORT: .290

.290

.908US 154, 360.00

154, 360.00»


10/20/8 29 PUT DEC 09 NATURAL GAS 6000 C29* OPTION MARKET VALUE

BXPZRE 11/23/09AVERAGE SHORT: .300

.300 US 171,970.00

.593 171,970.00*

10/08/8


11 PUT JAN 10 NATURAL GAS 6000 C11* OPTION MARKBT VALUE

BXPIRE 12/28/09AVERAGE SHORT: .200


.200 US 55, 770.00

.507 55, 770.00»

10/08/810/20/8

8 PUT PEB 10 NATURAL GAS 6000 C17 PUT PBB 10 NATURAL GAS 6000 C25» OPTION MARKET VALUE


.200 US 42, 000.00

.300 US 89, 250. 00.525 131,250. 00*

PLEASE REPORT ANY DIFFERENCES OR ~T~QPggg+TELYIPQPQI7AILURE To EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOLIR AGREEII1ENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 2





INTRODUCED BY: RBC-WEALTH.MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE

9103181010818

10107181012018

1010818

1010718

9/29/8

lO/2O/8

zo/o8/8

ZOLO818lO/2O/8

LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT

14 PUT JUN 09 NATURAL GAS 6000 C .170 US 105,980.00

13 PUT JUN 09 NATURAL GAS 6000 C .300 US 98,410.00

27* OPTION MARKET VALUE .757 204,390.00*

25,920.00- SIM EXPIRE 5/26/09

AVERAGE SHORT: .232


11 PUT JUL 09 NATURAL GAS 6000 C .200 US 82,610.00

ii PUT JUL 09 NATURAL GAS 6000 C .300 US 82,610.00

22* OPTION MARKET VALUE .751 165,220.00"



ii PUT AUG 09 NATURAL GAS 6000 C .330 US 87,340.00

II* OPTION MARKET VALUE .794 87,340.00*

EXPIRE 7/28/09

AVERAGE SHORT: .330


II PUT SEP 09 NATURAL GAS 6000 C .300 US 93,170.00

Ii* OPTION MARKET VALUE .847 93,170.00"

EXPIRE 8/26/09

AVERAGE SHORT: .300


17 PUT OCT 09 NATURAL GAS 6000 C .290 US 154,360.00

17" OPTION MARKET VALUE .908 154,360.00"

EXPIRE 9/25/09

AVERAGE SHORT: .290


29 PUT DEC 09 NATURAL GAS 6000 C .300 US 171,970.00


EXPIRE 11/23/09

AVERAGE SHORT: .300


Ii PUT JAN i0 NATURAL GAS 6000 C .200 US 55,770.00

Ii* OPTION MARKET VALUE .507 55,770.00*

EXPIRE 12/28/09

AVERAGE SHORT: .200


8 PUT FEB i0 NATURAL GAS 6000 C .200 US 42,000.00

17 PUT FEB I0 NATURAL GAS 6000 C .300 US 89,250.00


EXPIRE 1/26/10

AVERAGE SHORT: .268

CREDIT

PLEASE REPORT ANY DIFFERENCES OR _T,I_:I_4M_._.TELYi/Y_D_J_IFoAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTFONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED


ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 N/, Jackson Blvd. Suite 1600AChicago, IL 60604-3190



PAGE 3

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH MANAGBMENT(704)264-2767

PIEDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTB NC 28233-3060

IP YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARB UNABLE TO RESOLVE WITH YOUR BROKBR,PLEASE CONTACT ADMIS CUSTOMER SBRVICE AT1/800/654-0461 or 312/242-7200.

DATE

10/22/8

LONG/BUY SHRT/SBLL DESCRIPTION EX PRICE/LEGND CC

.300

.624US17 PUT AUG 10 NATURAL GAS 6000 C

17* OPTION MARKET VALUEEXPIRE 7/27/10

AVERAGE SHORT: .300

DEBIT

106, 080. 00106, 080.00»

CREDIT

10/07/8


18 PUT OCT 10 NATURAL GAS 6000 C18» OPTION MARKET VALUB


.200 US 126, 360.00

.702 126, 360.00»

9/03/8


13 PUT APR 09 NATURAL GAS 6500 C13» OPTION MARKET VALUE

100,750.00- SIM BXPIRE 3/26/09AVERAGB SHORT: .200

.200 US 143, 390.001.103 143,390.00»

9/04/8


13 PUT MAY 09 NATURAL GAS 6500 C13» OPTION MARKET VALUE

91,650. 00- SIM BXPIRE 4/27/09AVERAGE SHORT: .160


.160 US 143,780. 001.106 143,780. 00*

9/04/8 10 PUT JUL 09 NATURAL GAS 6500 C10» OPTION MARKET VALUE

46, 900.00 — SIM EXPIRE 6/25/09AVERAGE SHORT: .200

.200 US 105,400. 001.054 105,400. 00»


9/04/8 11 PUT AUG 09 NATURAL GAS 6500 C11* OPTION MARKET VALUE

41, 140.00- SIM BXPIRE 7/28/09AVERAGE SHORT: .200

.200 US 119,020. 001.082 119,020. 00»


9/04/8

9/05/810/21/8

12 PUT SEP 09 NATURAL GAS 6500 C12» OPTION MARKET VALUB

38, 400. 00- SIM EXPIRE 8/26/09AVERAGB SHORT: .290


7 PUT MAR 10 NATURAL GAS 6500 C20 PUT MAR 10 NATURAL GAS 6500 C27» OPTION MARKET VALUE



.2901.131

.180

.500

.827

US

USUS

135,720. 00135,720. 00*

57, 890.00165,400. 00223, 290. 00*

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMI»IEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOIJR RIGHT To HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 3





INTRODUCED BY: RBC.WEALTH-MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068


IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOU



1/800/654-0461 or 312/242-7200.

DATE LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT

10/22/8 17 PUT AUG i0 NATURAL GAS 6000 C .300 US 106,080.00


EXPIRE 7/27/10

AVERAGE SHORT: .300

1010718

9/03/8

9/04/8

9/04/8

910418

9/04/8


18

18"PUT OCT i0 NATURAL GAS 6000 C .200 US 126,360.00

OPTION MARKET VALUE .702 126,360.00"

EXPIRE 9/27/10

AVERAGE SHORT: .200


13 PUT APR 09 NATURAL GAS 6500 C .200 US 143,390.00

13" OPTION MARKET VALUE 1.103 143,390.00"

100,750.00- SIM EXPIRE 3/26/09

AVERAGE SHORT: .200


13

13"

PUT MAY 09 NATURAL GAS 6500 C .160 US 143,780.00

OPTION MARKET VALUE 1.106 143,780.00"

91,650.00- SIM EXPIRE 4/27/09

AVERAGE SHORT: .160


i0

I0"PUT JUL 09 NATURAL GAS 6500 C .200 US 105,400.00


46,900.00- SIM EXPIRE 6/25/09

AVERAGE SHORT: .200


II

Ii*

PUT AUG 09 NATURAL GAS 6500 C .200 US 119,020.00


41,140.00- SIM EXPIRE 7/28/09AVERAGE SHORT: .200


12

12"

PUT SEP 09 NATURAL GAS 6500 C .290 US 135,720.00


38,400.00- SIM EXPIRE 8/26/09

AVERAGE SHORT: .290


9/05/8 7 PUT MAR I0 NATURAL GAS 6500 C .180 US 57,890.00

L0/21/8 20 PUT MAR I0 NATURAL GAS 6500 C .500 US 165,400.00


EXPIRE 2/23/10

AVERAGE SHORT: .417


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO NAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

CREDIT

RETAIN FORTAXRECORDS



STATBMENT DATE: DEC 31, 2008

PAGE 4

ACCOUNT NUMBER:

SALESMAN NUMBER;

INTRODUCED BY:

X2068

X121


PIEDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTE NC 28233-3060

ZP YOU HAVB ANY QUESTIONS OR ISSUESRBGARDING YOUR STATEMENT THAT YOUARE UNABLB TO RBSOLVE WZTH YOUR BROKBR,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

9/04/89/05/8

LONG/BUY SHRT/SELL DBSCRIPTZON EX PRICE/LEGND CC

.150

.150

.883

USUS

6 PUT MAY 10 NATURAL GAS 6500 C6 PUT MAY 10 NATURAL GAS 6500 C

12» OPTZON MARKET VALUEEXPIRB 4/27/10

AVERAGE SHORT: .150

DBBIT

52, 980.0052, 980.00

105, 960.00»

CREDIT

9/04/89/05/8


7 PUT JUN 10 NATURAL GAS 6500 C6 PUT JUN 10 NATURAL GAS 6500 C

13» OPTION MARKBT VALUBEXPIRB 5/25/10

AVERAGE SHORT: .150


.150 US 59, 780.00

.150 US 51,240. 00

.854 111,020. 00»

9/04/89/05/8

9/04/89/05/8

5 PUT JUL 10 NATURAL GAS 6500 C6 PUT JUL 10 NATURAL GAS 6500 C

11» OPTION MARKBT VALUBEXPIRE 6/25/10

AVERAGE SHORT: .150


6 PUT AUG 10 NATURAL GAS 6500 C5 PUT AUG 10 NATURAL GAS 6500 C


AVERAGE SHORT: .150

.150 US 42, 550.00

.150 US 51,060. 00

.851 93, 610.00»

.Zso Us s1,300.aa

.150 US 42, 750. 00

.855 94, 050.00»

9/29/8


17 PUT OCT 10 NATURAL GAS 6500 C17* OPTION MARKET VALUE


.300 US 159,120 F 00

.936 159,120.00»

9/03/8


13 PUT MAR 09 NATURAL GAS 6600 C13» OPTION MARKET VALUE

122, 590.00- SIM EXPIRE 2/24/09AVERAGE SHORT: .180

.180 US 148, 460. 001.142 148, 460. 00»

9/11/8


10 PUT DBC 09 NATURAL GAS 6600 C10» OPTION MARKBT VALUE


.220 US 85, 000.00

.850 85, 000. 00»

7/28/8



4, 500.00- SIM EXPIRE 4/27/10

.340 US1.050

63, 000.0063, 000.00»

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEM~~~fjlIIES~T TH/4T QFJI 1TATEMENT IS CORRECT AND RATIFIED



Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600AChicago, IL 60604-3190

PAGE 4





INTRODUCED BY: RBC'WEALTH-MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068


IF YOU RAVE ANY QUESTIONS OR ISSUES




1/800/654-0461 or 312/242-7200.


9/04/8 6 PUT MAY I0 NATURAL GAS 6500 C .150 US 52,980.00

9/05/8 6 PUT MAY i0 NATURAL GAS 6500 C .150 US 52,980.00

12- OPTION MARKET VALUE .883 105,960.00-

EXPIRE 4/27/10

AVERAGE SHORT: .150


9/04/8 7 PUT JUN i0 NATURAL GAS 6500 C .150 US 59,780.00

9/05/8 6 PUT JUN i0 NATURAL GAS 6500 C .150 US 51,240.00

13" OPTION MARKET VALUE .854 111,020.00-



9/04/8 5 PUT JUL i0 NATURAL GAS 6500 C .150 US 42,550.00

9/05/8 6 PUT JUL I0 NATURAL GAS 6500 C .150 US 51,060.00

ii* OPTION MARKET VALUE .851 93,610.00"EXPIRE 6/25/10

AVERAGE SHORT: .150







9/29/8 17 PUT OCT i0 NATURAL GAS 6500 C .300 US 159,120.00

17" OPTION MARKET VALUE .936 159,120.00,

EXPIRE 9/27/10

AVERAGE SHORT: .300


9/03/8 13 PUT MAR 09 NATURAL GAS 6600 C .180 US 148,460.00

13" OPTION MARKET VALUE 1.142 148,460.00,122,590.00- SIM EXPIRE 2/24/09

AVERAGE SHORT: .180


9/11/8 i0 PUT DEC 09 NATURAL GAS 6600 C .220 US 85,000.00

I0" OPTION MARKET VALUE .850 85,000.00 .EXPIRE 11/23/09

AVERAGE SHORT: .220


7/28/8 6 PUT MAY i0 NATURAL GAS 6800 C .340 US 63,000.00

6* OPTION MARKET VALUE 1.050 63,000.00*

4,500.00- SIM EXPIRE 4/27/10

CREDIT

PLEASE REPORT ANY DIFFERENCES OR OBJ___F_,I_6_TELY. .$48YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEM_.,IiilI_'_E)_I_E_.T TH/_tT/_I'_I#I_)TATEMENT IS CORRECT AND RATIFIED




STATEMENT DATE: DEC 31, 2 0 0 8

PAGB 5

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCBD BY:

X2068

X121

RBC WBALTH MANAGEMENT(704)264-2767


IF YOU HAVE ANY {}UESTIONS OR ISSUESRBGARDING YOUR STATEMBNT THAT YOUARE UNABLE TO RBSOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICB AT1/800/654-0461 ox 312/242-7200.

DATE

7/28/8

LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC

.340 US1.017

7 PUT JUN 10 NATURAL GAS 6800 C7* OPTION MARKBT VALUB


DEBIT

71,190.0071,190.00»

CRBDIT

10/08/8


23 PUT NOV 09 NATURAL GAS 6850 C23» OPTION MARKET VALUE

35, 650. 00- SIM EXPIRE 10/27/09AVERAGE SHORT: .500


.500 US 269, 560. 001.172 269, 560.00»

9/04/8 17 PUT FEB 09 NATURAL GAS 7000 C17* OPTION MARKBT VALUB

234, 260. 00- SIM EXPIRE 1/27/09AVERAGE SHORT: .230

.2301.435

US 243, 950.00243, 950.00*

9/12/8


13 PUT MAR 09 NATURAL GAS 7000 C13» OPTION MARKET VALUE

174, 590.00- SIM EXPIRE 2/24/09AVBRAGE SHORT: .300


.300 US 192,010.001.477 192,010.00»

8/11/89/18/8

12 PUT APR 09 NATURAL GAS 7000 C12 PUT APR 09 NATURAL GAS 7000 C24* OPTION MARKET VALUB

306, 000.00- SIM BXPIRE 3/26/09AVERAGE SHORT: .300

.200.4001.495

USUS

179,400. 00179,400. 00358, 800. 00»


8/05/88/11/89/18/8

12 PUT MAY 09 NATURAL GAS 7000 C12 PUT MAY 09 NATURAL GAS 7000 C12 PUT MAY 09 NATURAL GAS 7000 C36» OPTION MARKET VALUE



.190

.230

.4301.484

USUSUS

178, 080.00178, 080.00178, 080.00534, 240. 00»

8/11/88/20/8

13 PUT JUN 09 NATURAL GAS 7000 C13 PUT JUN 09 NATURAL GAS 7000 C26» OPTION MARKET VALUE

284, 960.00- SIM EXPIRE 5/26/09AVERAGB SHORT: .275

.250 US 186,420. 00

.300 US 186,420. 001.434 372, 840. 00*


8/11/8 11 PUT JUL 09 NATURAL GAS 7000 C .270 US 154,330.00

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMtvIEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRFCTED YVILL BE DEEMED YOLIR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 5






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE

712818


7 PUT JUN I0 NATURAL GAS 6800

7* OPTION MARKET VALUE

EXPIRE 5/25/10

AVERAGE SHORT: .340


EX PRICE/LEGND CC DEBIT

C .340 US 71,190.00

1.017 71,190.00"

10/08/8 23 PUT NOV 09 NATURAL GAS 6850 C .500 US 269,560.00


35,650.00- SIM EXPIRE 10/27/09

AVERAGE SHORT: .500


9/04/8 17 PUT FEB 09 NATURAL GAS 7000 C .230 US 243,950.00

17" OPTION MARKET VALUE 1.435 243,950.00*

234,260.00- SIM EXPIRE 1/27/09

AVERAGE SHORT: .230


9/12/8 13 PUT MAR 09 NATURAL GAS 7000 C .300 US 192,010.00

13" OPTION MARKET VALUE 1.477 192,010.00"

174,590.00- SIN EXPIRE 2/24/09

AVERAGE SHORT: .300





306,000.00- SIM EXPIRE 3/26/09

AVERAGE SHORT: .300


8/05/8 12 PUT MAY 09 NATURAL GAS 7000 C .190 US 178,080.00




433,800.00- SIM EXPIRE 4/27/09

AVERAGE SHORT: .283


8/11/8 13 PUT JUN 09 NATURAL GAS 7000 C .250 US 186,420.00

8/20/8 13 PUT JUN 09 NATURAL GAS 7000 C .300 US 186,420.00


284,960.00- SIM EXPIRE 5/26/09

AVERAGE SHORT: .275


8/11/8 Ii PUT JUL 09 NATURAL GAS 7000 C .270 US 154,330.00

CREDIT







PAGE 6

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



ZF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT CREDIT

8/20/8 11 PUT ZUL 09 NATURAL GAS 7000 C22» OPTION MARKET VALUE



.3301.403

US 154, 330.00308, 660. 00*

8/11/88/20/8

11 PUT AUG 09 NATURAL GAS 7000 C11 PUT AUG 09 NATURAL GAS 7000 C22* OPTION MARKET VALUE

192,280. 00- SIM EXPIRE 7/28/09AVERAGE SHORT: .315


.290 US 155,760.00

.340 US 155,760.001.416 311,520. 00»

8/11/88/29/8

6 PUT SEP 09 NATURAL GAS 7000 C17 PUT SEP 09 NATURAL GAS 7000 C23» OPTION MARKET VALUE


.340

.4251.461

USUS

87, 660.00248, 370.00336, 030.00»

8/11/88/29/8


9 PUT OCT 09 NATURAL GAS 7000 C8 PUT OCT 09 NATURAL GAS 7000 C

17* OPTION MARKET VALUE119,000.00- SIM EXPIRE 9/25/09

AVERAGE SHORT: .400


.400 US 135,180.00

.400 US 120, 160.001.502 255, 340. 00»

9/04/89/17/8

15 PUT NOV 09 NATURAL GAS 7000 C15 PUT NOV 09 NATURAL GAS 7000 C30» OPTION MARKET VALUE

91,500. 00- SIM EXPIRE 10/27/09AVERAGE SHORT: .375

.350 US 190,050. 00

.400 US 190,050.001.267 380, 100.00»

9/18/8


10 PUT DEC 09 NATURAL GAS 7000 C10» OPTION MARKET VALUE



.3901.051

US 105,100.00105,100.00»

9/18/8 11 PUT JAN 10 NATURAL GAS 7000 C11* OPTION MARKET VALUE


.320 US 105,160.00

.956 105,160.00*


9/18/8 9 PUT FEB 10 NATURAL GAS 7000 C9» OPTION MARKET VALUE

EXPIRE 1/26/10

.350

.983US 88, 470. 00

88, 470. 00»

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEM~~~jjgEQ~T THALT QI61 INSTATEMENT IS CORRECT AND RATIFIED





PAGE 6





INTRODUCED BY: RBC'WEALTH'MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/20/8 ii PUT JUL 09 NATURAL GAS 7000 C .330 US 154,330.00


213,180.00- SIM EXPIRE 6/25/09

AVERAGE SHORT: .300


8/11/8 11 PUT AUG 09 NATURAL GAS 7000 C .290 US 155,760.00

8/20/8 Ii PUT AUG 09 NATURAL GAS 7000 C .340 US 155,760.00

22* OPTION MARKET VALUE 1.416 311,520.00"

192,280.00- SIM EXPIRE 7/28/09

AVERAGE SHORT: .315


8/11/8 6 PUT SEP 09 NATURAL GAS 7000 C .340 US 87,660.00

8/29/8 17 PUT SEP 09 NATURAL GAS 7000 C .425 US 248,370.00


188,600.00- SIM EXPIRE 8/26/09

AVERAGE SHORT: .402


8/11/8 9 PUT OCT 09 NATURAL GAS 7000 C .400 US 135,180.00

8/29/8 8 PUT OCT 09 NATURAL GAS 7000 C .400 US 120,160.00

17" OPTION MARKET VALUE 1.502 255,340.00*

119,000.00- SIM EXPIRE 9/25/09

AVERAGE SHORT: .400




30* OPTION MARKET VALUE 1.267 380,100.00"

91,500.00- SIM EXPIRE 10/27/09

AVERAGE SHORT: .375


9/18/8 i0 PUT DEC 09 NATURAL GAS 7000 C .390 US 105,100.00

i0" OPTION MARKET VALUE 1.051 105,100.00"

EXPIRE 11/23/09

AVERAGE SHORT: .390


9/18/8 II PUT JAN i0 NATURAL GAS 7000 C .320 US 105,160.00

Ii* OPTION MARKET VALUE .956 i05,160.00"

EXPIRE 12/28/09

AVERAGE SHORT: .320

9/18/8


9 PUT FEB i0 NATURAL GAS 7000 C .350 US 88,470.00


EXPIRE 1/26/10

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONSIMMEDIATELY. YOUR FAILURE TO EXERCISEIMMEOIATELY YOUR RtGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WlLL BE DEEM[,,_E_)L, ifJ_A_F__._tft&N=TTH,,N_T/_I_I_TATEMENTIS CORRECT ANDRATIFIED

CREDIT


ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 W, Jackson Blvd. Suite 1600AChicago, IL 60604-3190


STATEMENT DATE: DEC 3 1, 2008

PAGB 7

ACCOUNT NUMBER:

SALESMAN NUMBBR:

INTRODUCED BY:

X2068

X121



IP YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARB UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SBRVICE AT1/800/654-0461 or 312/242-7200.

DATE

9/18/8

EX PRICE/LBGND CC

6 PUT MAR 10 NATURAL GAS 7000 C6* OPTION MARKBT VALUE


.3301.090

US

LONG/BUY SERT/SBLL DBSCRIPTION DEBIT

65, 400. 0065, 400. 00»

CREDIT

8/01/88/11/89/05/8

8/11/8


6 PUT APR 10 NATURAL GAS 7000 C6 PUT APR 10 NATURAL GAS 7000 C

12 PUT APR 10 NATURAL GAS 7000 C24* OPTION MARKET VALUE





.270

.320

.3001.156

.3001.170

USUSUS

US

69, 360.0069, 360.00

138,720. 00277, 440. 00*

70, 200. 0070, 200. 00»

8/11/8


6 PUT JUN 10 NATURAL GAS 7000 C6* OPTION MARKET VALUB

10,500.00- SIM BXPIRE 5/25/10AVERAGE SHORT: .300

.3001.133

US 67, 980.0067, 980.00»

8/01/88/11/8


5 PUT JUL 10 NATURAL GAS 7000 C6 PUT JUL 10 NATURAL GAS 7000 C

11* OPTION MARKET VALUE7, 150.00- SIM EXPIRE 6/25/10

AVERAGE SHORT: .302

.270 US 56, 150.00

.330 US 67, 380.001.123 123, 530.00»

8/01/88/20/8


6 PUT AUG 10 NATURAL GAS 7000 C5 PUT AUG 10 NATURAL GAS 7000 C


AVERAGE SHORT: .311


.280 US 67, 380.00

.350 US 56, 150.001.123 123, 530.00*

8/29/8 12 PUT SEP 10 NATURAL GAS 7000 C12* OPTION MARKET VALUE


.4001.183

US 141,960.00141,960.00»

10/20/8 1111*

LAST TRADB DATB: 8/26/10

CALL JUL 09 NATURAL GAS 7250 COPTION MARKET VALUB

EXPIRE 6/25/09

1.035.379

US 41.690.0041, 690.00»

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS II';IMEDIATELY, YOUR FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED 'A7LL BE DEEM~~L~glIIEyg~T TH/6T NISI TATEMENT IS ORRECT AND RATIFIED





PAGE 7






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


9/18/8 6 PUT MAR i0 NATURAL GAS 7000 C .330 US 65,400.00

6* OPTION MARKET VALUE 1.090 65,400.00*EXPIRE 2/23/10

AVERAGE SHORT: .330


8/01/8 6 PUT APR i0 NATURAL GAS 7000 C .270 US 69,360.00






8/11/8 6 PUT MAY I0 NATURAL GAS 7000 C .300 US 70,200.00

6* OPTION MARKET VALUE 1.170 70,200.00*16,500.00- SIM EXPIRE 4/27/10

AVERAGE SHORT: .300


8/11/8 6 PUT JUN I0 NATURAL GAS 7000 C .300 US 67,980.00


10,500.00- SIM EXPIRE 5/25/10

AVERAGE SHORT: .300




ii* OPTION MARKET VALUE 1.123 123,530.00-

7,150.00- SIM EXPIRE 6/25/10

AVERAGE SHORT: .302



8/20/8 5 PUT AUG I0 NATURAL GAS 7000 C .350 US 56,150.00

ii* OPTION MARKET VALUE 1.123 123,530.00-EXPIRE 7/27/10

AVERAGE SHORT: .311


8/29/8 12 PUT SEP I0 NATURAL GAS 7000 C .400 US 141,960.00

12" OPTION MARKET VALUE 1.183 141,960.00-

EXPIRE 8/26/10

AVERAGE SHORT: .400


0/20/8 II CALL JUL 09 NATURAL GAS 7250 C 1.035 US

II* OPTION MARKET VALUE .379

EXPIRE 6/25/09

CREDIT

41,690.00

41,690.00,

PLEASE _ v _._ ._,,j,,,,_,REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. Y_'U_I#AILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WiLL BE DEEM_ii_L_t_]_EI_J_I[_.T THfIIT/_21,31_TATEMENT IS CORRECT AND RATIFIED




STATEMBNT DATB: DEC 31, 2 0 0 8

PAGE 8

ACCOUNT NUMBBR:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



IF YOU HAVB ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICB AT1/800/654-0461 or 312/242-7200.

DATB

8/07/8

LONG/BUY SHRT/SELL DBSCRIPTION EX PRICE/LEGND CC

12 PUT APR 09 NATURAL GAS 7300 C12+ OPTION MARKET VALUE

189,000.00- SIM BXPIRE 3/26/09AVERAGE SHORT: .230


.2301.747

US

DEBIT

209, 640. 00209, 640. 00*

CRBDIT

8/14/88/29/89/18/8

17 PUT FEB 09 NATURAL GAS 7500 C26 PUT FEB 09 NATURAL GAS 7500 C16 PUT FEB 09 NATURAL GAS 7500 C59* OPTION MARKET VALUE



.325 US 324, 190.00

.310 US 495, 820. 00

.450 US 305, 120.001.907 1,125, 130.00»

8/20/8

8/04/8

20 PUT MAR 09 NATURAL GAS 7500 C20~ OPTION MARKBT VALUE

368, 600.00- SIM EXPIRE 2/24/09AVBRAGE SHORT: .400


6 PUT MAR 09 NATURAL GAS 7750 C6~ OPTION MARKET VALUE


.4001.924

.3302. 156

US

US

384, 800.00384, 800. 00~

129, 360.00129,360.00*

10/08/8 1313*


CALL JUN 09 NATURAL GAS 7900 COPTION MARKET VALUE

BXPIRE 5/26/09AVERAGE LONG: .730

.730

.197US 25, 610.00

25, 610.00~


8/04/8

8/04/8

8 PUT FEB 09 NATURAL GAS 8000 C8+ OPTION MARKET VALUE

190,240. 00- SIM EXPIRE 1/27/09AVBRAGE SHORT: .300


7 PUT MAR 09 NATURAL GAS 8000 C7* OPTION MARKBT VALUE



.3002.391

.4002.392

US

US

191,280. 00191,280. 000

167,440. 00167,440. 00*

10/08/8 1212~

CALL APR 09 NATURAL GAS 8100 COPTION MARKET VALUB

EXPZRB 3/26/09AVERAGE LONG: .492

.492 US

.08710,440. 0010,440. 00*

P EASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. O R FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 8






(704)264-2767



ATTN ROE THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC

8/07/8 12 PUT APR 09 NATURAL GAS 7300 C .230 US

12" OPTION MARKET VALUE 1.747

189,000.00- SIM EXPIRE 3/26/09

AVERAGE SHORT: .230


8/14/8 17 PUT FEE 09 NATURAL GAS 7500 C .325

8/29/8 26 PUT FEB 09 NATURAL GAS 7500 C .310


59* OPTION MARKET VALUE 1.907

1108,020.00- SIM EXPIRE 1/27/09

AVERAGE SHORT: .352


8/20/8 20 PUT MAR 09 NATURAL GAS 7500 C .400


368,600.00- SIM EXPIRE 2/24/09

AVERAGE SHORT: .400




125,580.00- SIM EXPIRE 2/24/09

AVERAGE SHORT: .330


L0/08/8 13 CALL JUN 09 NATURAL GAS 7900 C .730

13" OPTION MARKET VALUE .197

EXPIRE 5/26/09

AVERAGE LONG: .730








164,010.00- SIM EXPIRE 2/24/09

AVERAGE SHORT: .400


L0/08/8 12 CALL APR 09 NATURAL GAS 8100 C .492


EXPIRE 3/26/09

AVERAGE LONG: .492

DEBIT

209,640.00

209,640.00*

CREDIT

US 324,190.00

US 495,820.00

US 305,120.00

1,125,130.00"

US 384,800.00

384,800.00*

US 129,360.00

129,360.00"

US 25,610.00

25,610.00"

US 191,280.00

191,280.00"

US 167,440.00

167,440.00"

US 10,440.00

10,440.00"

PLEASE REPORT ANY DIFFERENCES OR O_TtO"_MI_'I_TELY_ _f_!J'RV#AILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT Tt4AT THIS STATEMENT IS CORRECT AND RATIFIED


ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600AChIcago, IL 60604-3190


STATEMENT DATE: DBC 3 1, 2008

PAGE 9

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLBASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

6/03/8


.230 US2. 631

7 PUT MAR 09 NATURAL GAS 8250 C7 '~ OPTION MARKBT VALUB



DEBIT

184, 170.00184, 170.00*

CREDIT

9/04/8 1717»

CALL FEB 09 NATURAL GAS 8350 COPTION MARKET VALUE


.865 US

.0081,360.001,360.00»

10/07/8 1111*


CALL JUL 09 NATURAL GAS 8350 COPTION MARKET VALUE

EXPIRE 6/25/09AVERAGE LONG: .665

.665 US.19621,560.0021,560.00»

10/08/8 1111*


CALL AUG 09 NATURAL GAS 8400 COPTION MARKET VALUE

EXPIRE 7/28/09AVBRAGE LONG: .790

.790 US

.27129, 810.0029, 810.00»

10/21/8 2020*


CALL MAR 10 NATURAL GAS 8400 COPTION MARKBT VALUE

EXPZRB 2/23/10AVERAGE LONG: 1.270

1.270 US.827

165,400. 00165,400. 00»

9/04/8 1313*


CALL MAY 09 NATURAL GAS 8450 COPTION MARKET VALUE

EXPIRB 4/27/09AVBRAGE LONG: .670

.670 US

.10713,910.0013,910.00»

9/12/8 1313*


CALL MAR 09 NATURAL GAS 8500 COPTION MARKET VALUE

BXPIRE 2/24/09AVBRAGE LONG: .920

.920 US.0314, 030.004, 030.00*

9/03/8 1313*


CALL APR 09 NATURAL GAS 8500 COPTION MARKET VALUB


.680 US

.0607, 800. 007, 800. 00*


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OR






PAGE 9






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE

6/03/8


7 PUT MAR 09 NATURAL GAS 8250

7" OPTION MARKET VALUE

181,510.00- SIM EXPIRE 2/24/09

AVERAGE SHORT: .230


EX PRICE/LEGND CC

C .230 US

2.631

9/04/8 17 CALL FEB 09 NATURAL GAS 8350 C .865 US


EXPIRE 1/27/09

AVERAGE LONG: .865


10/07/8 ii CALL JUL 09 NATURAL GAS 8350 C .665 US

Ii* OPTION MARKET VALUE .196

EXPIRE 6/25/09

AVERAGE LONG: .665


10/08/8 II CALL AUG 09 NATURAL GAS 8400 C .790 US


EXPIRE 7/28/09

AVERAGE LONG: .790


10/21/8 20 CALL MAR I0 NATURAL GAS 8400 C 1.270 US

20* OPTION MARKET VALUE .827

EXPIRE 2/23/10

AVERAGE LONG: 1.270


9/04/8 13 CALL MAY 09 NATURAL GAS 8450 C .670 US


EXPIRE 4/27/09

AVERAGE LONG: .670


9/12/8 13 CALL MAR 09 NATURAL GAS 8500 C .920 US


EXPIRE 2/24/09

AVERAGE LONG: .920


9/03/8 13 CALL APR 09 NATURAL GAS 8500 C .680 US


EXPIRE 3/26/09

AVERAGE LONG: .680


DEBIT

184,170.00

184,170.00"

CREDIT

1,360.00

1,360.00"

21,560.00

21,560.00"

29,810.00

29,810.00"

165,400.00

165,400.00"

13,910.00

13,910.00"

4,030.00

4,030.00*

7,8OO.O0

7,800.00*







PAGE 10

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WBALTH MANAGEMBNT(704)264-2767


IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASB CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

10/20/8

EX PRICE/LEGND CC

1818~

CALL SEP 10 NATURAL GAS 8500 COPTION MARKET VALUE



.965 US

.747

LONG/BUY SHRT/SELL DESCRIPTION DEBIT CREDIT

134, 460. 00134, 460. 00*

9/18/8 1212*



.855 US

.10112, 120.0012, 120.00*

9/18/8 1616'




.925 US

.006960.00960.004

9/03/8 1313*



EXPIRE 2/24/09AVERAGB LONG: .840

.840 US

.0283, 640. 003, 640. 00*

9/18/8 1212


CALL APR 09 NATURAL GAS 8600 COPTION MARKET VALUE


.780 US

.0556, 600.006, 600.00~

9/05/8 1212*




.900 US

.46155, 320. 0055, 320. 004

10/14/8 1313*




.530 US

.13317,290.0017,290. 00~

10/08/8 2323*


CALL NOV 09 NATURAL GAS 8650 COPTION MARKET VALUB

BXPIRE 10/27/09AVBRAGE LONG: 1.010

1.010 US.540

124, 200. 00124, 200. 00~


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED 5/iLL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE i0






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


10/20/8 18 CALL SEP I0 NATURAL GAS 8500 C .965 US 134,460.00


EXPIRE 8/26/10

AVERAGE LONG: .965


9/18/8 12 CALL MAY 09 NATURAL GAS 8550 C .855 US 12,120.00

12" OPTION MARKET VALUE .I01 12,120.00"

EXPIRE 4/27/09

AVERAGE LONG: .855


9/18/8 16 CALL FEB 09 NATURAL GAS 8600 C .925 US 960.00

16" OPTION MARKET VALUE .006 960.00*

EXPIRE 1/27/09

AVERAGE LONG: .925


9/03/8 13 CALL MAR 09 NATURAL GAS 8600 C .840 US 3,640.00


EXPIRE 2/24/09

AVERAGE LONG: .840


9/18/8 12 CALL APR 09 NATURAL GAS 8600 C .780 US 6,600.00


EXPIRE 3/26/09

AVERAGE LONG: .780


9/05/8 12 CALL APR i0 NATURAL GAS 8600 C .900 US 55,320.00


EXPIRE 3/26/10

AVERAGE LONG: .900


10/14/8 13 CALL JUN 09 NATURAL GAS 8650 C .530 US 17,290.00


EXPIRE 5/26/09

AVERAGE LONG: .530


10/08/8 23 CALL NOV 09 NATURAL GAS 8650 C 1.010 US 124,200.00


EXPIRE 10/27/09

AVERAGE LONG: 1.010



OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND PJkTIFIED


AOM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600AChicago, IL 60604-3190


STATEMENT DATB: DEC 31, 2008

PAGB 11

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



IP YOU HAVB ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARB UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMBR SERVICE AT1/800/654-0461 or 312/242-7200.

DATB

9/04/8

BX PRICB/LEGND CC

1212*



.970.307US

LONG/BUY SHRT/SELL DBSCRIPTION DEBIT CREDIT

36, 840.0036, 840. 00*

9/29/8 1717*


CALL OCT 09 NATURAL GAS 8750 COPTION MARKET VALUE



1.010.401

US 68, 170.0068, 170.00»

10/14/8 1212»




.405 US

.08810,560. 0010,560.00»

10/07/8 1111»

CALL SBP 09 NATURAL GAS 8900 COPTION MARKBT VALUE


.740.292US 32, 120.00

32, 120.00»

10/22/8 1717»




.770 US.57297, 240. 0097, 240. 00*

9/04/8 1010*


CALL aTUL 09 NATURAL GAS 8950 COPTION MARKBT VALUE


.700 US

.14514, 500. 0014, 500.00*

10/20/8

9/29/8

2929»

1717*


CALL DEC 09 NATURAL GAS 9000 COPTION MARKET VALUE

EXPIRE 11/23/09AVBRAGB LONG: 1.070



EXPIRE 9/27/10AVERAGE LONG: 1.040

1.070.608

1.040.713

US

US

176,320. 00176,320.00*

121,210.00121,210.00»


PLEASE RE ORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMI'v1EDIATELY YOLIR RIGHT TO HAVE DIFFERENCES OR

OBJFCTIONS CORRECTED 'vVILL BE DEEI,'IED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED



Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600AChicago, IL 60604-3190

PAGE II






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


9/04/8 12 CALL SEP 09 NATURAL GAS 8750 C .970 US 36,840.00

12* OPTION MARKET VALUE .307 36,840.00*EXPIRE 8/26/09

AVERAGE LONG: .970


9/29/8 17 CALL OCT 09 NATURAL GAS 8750 C 1.010 US 68,170.00

17" OPTION MARKET VALUE .401 68,170.00"EXPIRE 9/25/09

AVERAGE LONG: 1.010


L0/14/8 12 CALL MAY 09 NATURAL GAS 8800 C .405 US 10,560.00

12" OPTION MARKET VALUE .088 10,560.00"EXPIRE 4/27/09

AVERAGE LONG: .405


10/07/8 II CALL SEP 09 NATURAL GAS 8900 C .740 US 32,120.00

Ii* OPTION MARKET VALUE .292 32,120.00,



L0/22/8 17 CALL AUG I0 NATURAL GAS 8900 C .770 US 97,240.00

17" OPTION MARKET VALUE .572 97,240.00*EXPIRE 7/27/10

AVERAGE LONG: .770


9/04/8 i0 CALL JUL 09 NATURAL GAS 8950 C .700 US 14,500.00

i0" OPTION MARKET VALUE .145 14,500.00,



10/20/8 29 CALL DEC 09 NATURAL GAS 9000 C 1.070 US 176,320.00

29* OPTION MARKET VALUE .608 176,320.00.

EXPIRE 11/23/09

AVERAGE LONG: 1.070


9/29/8 17 CALL OCT I0 NATURAL GAS 9000 C 1.040 US 121,210.00

17" OPTION MARKET VALUE .713 121,210.00-

EXPIRE 9/27/10

AVERAGE LONG: 1.040


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED


ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 W. Jackson Blvd. Suite 1600AChicago, IL 60604-3'I 90


STATEMENT DATE: DEC 31, 2 0 0 8

PAGB 12

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH ' MANAGEMENT(704)264-2767

PIEDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTE NC 28233 —3060

IP YOU HAVE ANY QUESTIONS OR ISSUBSREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASB CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

8/20/8

EX PRICB/LBGND CC

1111»



1.000.135

US


14, 850.0014,850.00»

7/28/8 66»




1.009.375

US 22, 500. 0022, 500. 00*

8/20/8 55»



EXPIRE 7/27/10AVERAGB LONG: 1.070

1.070.533

US 26, 650. 0026, 650.00*

9/04/89/05/8

66

12*


CALL MAY 10 NATURAL GAS 9150 CCALL MAY 10 NATURAL GAS 9150 C

OPTION MARKET VALUEEXPIRE 4/27/10

AVERAGE LONG: .660

.660.660

.368

USUS

22, 080. 0022, 080.0044, 160.00»

8/20/8 1111»


CALL AUG 09 NATURAL GAS 9250 COPTION MARKET VALUB


1.025.189

US 20, 790.0020, 790.00»

9/04/8 1515»


CALL NOV 09 NATURAL GAS 9250 COPTION MARKET VALUE


1.080.444

US 66, 600. 0066, 600. 00*

10/14/8 1919*



EXPIRB 4/27/10AVERAGE LONG: .530

.530

.354US 67, 260. 00

67, 260. 00»

7/28/8 77*


CALL JUN 10 NATURAL GAS 9250 COPTION MARKET VALUB


1.009.389

US 27, 230. 0027, 230.00*


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OR






PAGE 12






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/20/8 ii CALL JUL 09 NATURAL GAS 9100 C 1.000 US 14,850.00

ii* OPTION MARKET VALUE .135 14,850.00"

EXPIRE 6/25/09

AVERAGE LONG: 1.000


7/28/8 6 CALL MAY I0 NATURAL GAS 9100 C 1.009 US 22,500.00


EXPIRE 4/27/10

AVERAGE LONG: 1.009


8/20/8 5 CALL AUG i0 NATURAL GAS 9100 C 1.070 US 26,650.00


EXPIRE 7/27/10

AVERAGE LONG: 1.070


9/04/8 6 CALL MAY i0 NATURAL GAS 9150 C .660 US 22,080.00

9/05/8 6 CALL MAY I0 NATURAL GAS 9150 C .660 US 22,080.00


EXPIRE 4/27/10

AVERAGE LONG: .660


8/20/8 Ii CALL AUG 09 NATURAL GAS 9250 C 1.025 US 20,790.00

ii* OPTION MARKET VALUE .189 20,790.00*

EXPIRE 7/28/09

AVERAGE LONG: 1.025


9/04/8 15 CALL NOV 09 NATURAL GAS 9250 C 1.080 US 66,600.00


EXPIRE 10/27/09

AVERAGE LONG: 1.080


10/14/8 19 CALL MAY i0 NATURAL GAS 9250 C .530 US 67,260.00


EXPIRE 4/27/10

AVERAGE LONG: .530


7/28/8 7 CALL JUN I0 NATURAL GAS 9250 C 1.009 US 27,230.00


EXPIRE 5/25/10

AVERAGE LONG: 1.009



OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT TI4AT Tt.'IIS STATEMENT IS CORRECT AND RATIFIED




STATEMENT DATE: DBC 31, 2008

PAGE 13

ACCOUNT NUMBER:

SALBSMAN NUMBER:

INTRODUCED BY:

X2068

X121



ZP YOU HAVB ANY QUESTIONS OR ISSUESREGARDING YOUR STATBMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

8/20/8 1313»




.820

.092US

LONG/BUY SHRT/SELL DBSCRIPTION EX PRICE/LEGND CC DEBIT CREDIT

11,960.0011,960.00»

9/04/8 1111»

CALL AUG 09 NATURAL GAS 9300 COPTION MARKBT VALUE



.680 US

.18520, 350.0020, 350.00»

8/29/8 1212»


EXPIRB 8/26/10AVERAGE LONG: 1.115

1.115.575

US 69, 000. 0069, 000. 00»

10/14/8 1818*




.750 US.34261,560. 0061,560. 00*

8/11/8

10/14/8

66*

2020*



EXPZRB 4/27/10AVERAGE LONG: .820


CALL BUN 10 NATURAL GAS 9350 COPTION MARKET VALUE


.820 US

.340

.530 US

.375

20, 400. 0020, 400. 00*

75, 000.0075, 000. 00*

8/11/8

9/17/8

1212»

1515»








.759

.064

1.095.423

US

US

7, 680.007, 680.00*

63, 450. 0063, 450. 00*

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS II'SMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJFCTIONS CORRECTED WILL BE DEEf;1ED YOUR AGREEfv1ENT THAT THIS STATEMENT IS CORRECT AND RATiFIED





PAGE 13






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE LONG/BUY SHRT/SELL DESCRIPTION

8/20/8 13 CALL JUN 09 NATURAL GAS 9300


EXPIRE 5/26/09

AVERAGE LONG: .820


9/04/8 II CALL AUG 09 NATURAL GAS 9300

II* OPTION MARKET VALUE

EXPIRE 7/28/09

AVERAGE LONG: .680


8/29/8 12 CALL SEP i0 NATURAL GAS 9300


EXPIRE 8/26/10

AVERAGE LONG: 1.115


_0/14/8 18 CALL OCT 09 NATURAL GAS 9350


EXPIRE 9/25/09

AVERAGE LONG: .750


8/11/8 6 CALL MAY I0 NATURAL GAS 9350


EXPIRE 4/27/10

AVERAGE LONG: .820


L0/14/8 20 CALL JUN i0 NATURAL GAS 9350


EXPIRE 5/25/10

AVERAGE LONG: .530


8/11/8 12 CALL MAY 09 NATURAL GAS 9400


EXPIRE 4/27/09

AVERAGE LONG: .759


9/17/8 15 CALL NOV 09 NATURAL GAS 9400


EXPIRE 10/27/09

AVERAGE LONG: 1.095


EX PRICE/LEGND CC

C .820 US

.092

DEBIT CREDIT

11,960.00

11,960.00"

C .680 US 20,350.00

.185 20,350.00*

C 1.115 US 69,000.00

.575 69,000.00*

C .750 US 61,560.00

.342 61,560.00"

C .820 US 20,400.00

.340 20,400.00*

C .530 US 75,000.00

.375 75,000.00*

C .759 US 7,680.00

.064 7,680.00*

C 1.095 US 63,450.00

.423 63,450.00*




ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 VV. Jackson Blvd. Suite 1600AChicago, IL 60604-3190



PAGE 14

ACCOUNT NUMBER:

SALBSMAN NUMBBR:

INTRODUCED BY:

X2068

X121

RBC WEALTH ' MANAGEMBNT(704)264-2767


IP YOU HAVB ANY {}UESTIONS OR ISSUESRBGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 oz' 312/242-7200.

DATE

8/11/89/05/8

EX PRICB/LEGND CC

66

12»

CALL JUN 10 NATURAL GAS 9400 CCALL JUN 10 NATURAL GAS 9400 C

OPTION MARKET VALUBBXPIRB 5/25/10

AVERAGB LONG: .742

.825 US

.660 US

.368

LONG/BUY SHRT/SBLL DESCRIPTION DEBIT CRBDIT

22, 080. 0022, 080.0044, 160.00»

10/14/8

8/11/8

1616»

1212*


CALL JUL 10 NATURAL GAS 9400 CQPTZON MARKBT VALUE





.565 US

.423

.729 US

.025

67, 680, 0067, 680.00*

3, 000.003, 000. 00»

10/20/8 1717*


CALL PBB 10 NATURAL GAS 9450 COPTION MARKET VALUE

EXPIRE 1/26/10AVBRAGB LONG: 1,085

1.085 US.624

106, 080. 00106, 080. 00»

10/30/8

9/04/8

9/04/89/05/8

1818*

77*

56

11*


CALL APR 10 NATURAL GAS 9500 COPTION MARKBT VALUE

BXPIRB 3/26/10AVERAGE LONG: .520


CALL JUN 10 NATURAL GAS 9500 COPTION MARKBT VALUE

BXPIRB 5/25/10AVERAGE LONG: .660


CALL JUL 10 NATURAL GAS 9500 CCALL JUL 10 NATURAL GAS 9500 C

OPTION MARKET VALUBEXPIRB 6/25/10

.657AVERAGB LONG

.520 US

.318

.660 US.355

.660 US

.655 US

.407

57, 240. 0057, 240. 00»

24, 850.0024, 850.00»

20, 350.0024, 420. 0044, 770.00*

8/11/8 1313»



BXPIRB 5/26/09AVERAGB LONG: .795

.795 US

.08010,400. 0010,400. 00*

P' EASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. 0 R FAILURE TO EXERCISE IMMEDIATELY YOLIR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 14






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC

8/11/8 6 CALL JUN I0 NATURAL GAS 9400 C .825 US

9/05/8 6 CALL JUN I0 NATURAL GAS 9400 C .660 US




L0/14/8 16 CALL JUL i0 NATURAL GAS 9400 C .565 US


EXPIRE 6/25/10

AVERAGE LONG: .565


8/11/8 12 CALL APR 09 NATURAL GAS 9450 C .729 US

12, OPTION MARKET VALUE .025



L0/20/8 17 CALL FEB I0 NATURAL GAS 9450 C 1.085 US


EXPIRE 1/26/10

AVERAGE LONG: 1.085


10/30/8 18 CALL APR i0 NATURAL GAS 9500 C .520 US


EXPIRE 3/26/10

AVERAGE LONG: .520


9/04/8 7 CALL JUN i0 NATURAL GAS 9500 C .660 US


EXPIRE 5/25/10

AVERAGE LONG: .660


9/04/8 5 CALL JUL I0 NATURAL GAS 9500 C .660 US

9/05/8 6 CALL JUL i0 NATURAL GAS 9500 C .655 US


EXPIRE 6/25/10

AVERAGE LONG: .657


8/11/8 13 CALL JUN 09 NATURAL GAS 9550 C .795 US


EXPIRE 5/26/09

AVERAGE LONG: .795

DEBIT CREDIT

22,080.00

22,080.00

44,160.00-

67,680.00

67,680.00*

3,000.00

3,000.00*

106,080.00

106,080.00,

57,240.00

57,240.00*

24,850.00

24,850.00*

20,350.00

24,420.00

44,770.00*

10,400.00

10,400.00-

PLEASE REPORT ANY DIFFERENCES OR O_J_:T_M _I_FA'TELY_ _:)SL{Ro&ILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR






PAGE 15

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH MANAGEMENT

(704)264-2767


IP YOU HAVB ANY {}UBSTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOU

ARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SBRVICE AT1/800/654-0461 or 312/242-7200.

DATB

8/11/8

BX PRICE/LEGND CC

66*



.845

.311US


18,660.0018,660.00»

8/20/8

8/11/8

2020*

66*





CALL JUL 10 NATURAL GAS 9650 COPTION MARKBT VALUE


.930 US

.009

.855 US

.384

1,800.001,800.00»

23, 040. 0023, 040. 00*

8/29/8 2626*


CALL PEB 09 NATURAL GAS 9700 COPTION MARKET VALUE

BXPIRE 1/27/09AVERAGE LONG: 1.020


1.020.001

US 260. 00260. 00»

8/05/8 1212*



.860 US

.0556, 600. 006g600. 00»

8/04/8 77 '»





1.270.008

US 560.00560. 00*

8/11/8 1111»


EXPIRB 6/25/09AVBRAGB LONG: .815

.815 US

.09910,890.0010,890.00»

8/29/8 1717»


CALL SEP 09 NATURAL GAS 9800 C

OPTION MARKET VALUEEXPIRE 8/26/09

AVBRAGE LONG: 1.100


1.100.222

US 37 740 0037, 740. 00*

PI.EASE REPORT AN Y DIFFERENCES OR OBJECTIONS II!iMIEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEI»1ENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 15






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.




EXPIRE 3/26/10

AVERAGE LONG: .845


8/20/8 20 CALL MAR 09 NATURAL GAS 9650 C .930 US 1,800.00


EXPIRE 2/24/09

AVERAGE LONG: .930


8/11/8 6 CALL JUL i0 NATURAL GAS 9650 C .855 US 23,040.00


EXPIRE 6/25/10

AVERAGE LONG: .855


8/29/8 26 CALL FEB 09 NATURAL GAS 9700 C 1.020 US 260.00

26* OPTION MARKET VALUE .001 260.00*

EXPIRE 1/27/09

AVERAGE LONG: 1.020




EXPIRE 4/27/09

AVERAGE LONG: .860


8/04/8 7 CALL MAR 09 NATURAL GAS 9750 C 1.270 US 560.00


EXPIRE 2/24/09

AVERAGE LONG: 1.270


8/11/8 II CALL JUL 09 NATURAL GAS 9750 C .815 US 10,890.00

Ii* OPTION MARKET VALUE .099 10,890.00"

EXPIRE 6/25/09

AVERAGE LONG: .815


8/29/8 17 CALL SEP 09 NATURAL GAS 9800 C i.i00 US 37,740.00


EXPIRE 8/26/09

AVERAGE LONG: i.i00


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY, YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR






PAGB 16

ACCOUNT NUMBER:

SALESMAN NUMBBR:

INTRODUCED BY:

X2068

X121

RBC'WEALTH MANAGBMBNT(704)264-2767

PIBDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTB NC 28233-3060

IP YOU HAVE ANY QUESTIONS OR ZSSUBSRBGARDZNG YOUR STATEMENT THAT YOUARE UNABLE TO RBSOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

8/29/8

EX PRICE/LEGND CC

88*

CALL OCT 09 NATURAL GAS 9800 COPTION MARKBT VALUE


1.175.310

US

LONG/BUY SHRT/SBLL DESCRIPTION DEBIT CREDIT

24, 800. 0024, 800.00»

9/11/8 1010*





1.015.477

US 47, 700.0047, 700.00*

10/08/8

10/08/8

1111»

88*

CALL JAN 10 NATURAL GAS 9800 COPTION MARKET VALUE






.985 US.526

.985 US.559

57, 860.0057, 860.00»

44, 720. 0044, 720. 00»

8/01/8

10/14/8

55»

2323*







.990 US.363

.700 US

.368

18, 150.0018,150.00»

84, 640. 0084, 640. 00»

8/01/8 66*



1.081.404US 24, 240. 00

24, 240. 00*

9/05/8 55*




.650 US.39719,850.0019,850.00*


PLEASE REI ORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMMIEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEI'vlENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 16






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/29/8 8 CALL OCT 09 NATURAL GAS 9800 C 1.175 US 24,800.00


EXPIRE 9/25/09

AVERAGE LONG: 1.175


9/11/8 I0 CALL DEC 09 NATURAL GAS 9800 C 1.015 US 47,700.00

i0" OPTION MARKET VALUE .477 47,700.00*

EXPIRE 11/23/09

AVERAGE LONG: 1.015


10/08/8 ii CALL JAN I0 NATURAL GAS 9800 C .985 US 57,860.00




I0/08/8 8 CALL FEB i0 NATURAL GAS 9800 C .985 US 44,720.00


EXPIRE 1/26/10

AVERAGE LONG: .985


8/01/8 5 CALL JUL I0 NATURAL GAS 9800 C .990 US 18,150.00


EXPIRE 6/25/10

AVERAGE LONG: .990


10/14/8 23 CALL NOV 09 NATURAL GAS 9850 C .700 US 84,640.00


EXPIRE 10/27/09

AVERAGE LONG: .700

LAST TRADE DATE: i0/27/09

8/01/8 6 CALL AUG i0 NATURAL GAS 9900 C 1.081 US 24,240.00


EXPIRE 7/27/10

AVERAGE LONG: 1.081


9/05/8 5 CALL AUG i0 NATURAL GAS 9950 C .650 US 19,850.00


EXPIRE 7/27/10

AVERAGE LONG: .650


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS iMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO NAVE DIFFERENCES OR



ADM INVESTOR SERVICES, INC,Chicago Board of Trade Building141 W, Jackson Blvd. Suite 1600AChicago, IL 60604-3190


STATEMENT DATE: DEC 3 1, 2008

PAGE 17

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



IP YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SBRVICE AT1/800/654-0461 or 312/242-7200.

DATE

9/03/8

EX PRICB/LEGND CC

1414*



.500

.061US

LONG/BUY SERT/SELL DESCRIPTION DEBIT CREDIT

8, 540. 008, 540. 00»

8/11/810/30/8

9/18/8

111122*

1111*


CALL AUG 09 NATURAL GAS 10000 CCALL AUG 09 NATURAL GAS 10000 C

OPTION MARKBT VALUEBXPIRE 7/28/09

.637AVBRAGE LONG



EXPIRE 12/28/09AVBRAGE LONG: 1.220

.835

.440

.141

1.220.493

USUS

US

15,510.0015,510.0031,020. 00*

54, 230. 0054, 230. 00»

9/18/8 99*




1.245.526

US 47, 340. 0047, 340.00*

10/30/8 2020»




.470.297US 59, 400. 00

59, 400. 00*

9/04/8 66»




.660

.390US 23, 400. 00

23, 400. 00"

10/07/8

8/04/8

1818»

88*





CALL PBB 09 NATURAL GAS 10100 COPTION MARKET VALUB


.700

.542

1.135.001

US

US

97, 560.0097, 560. 00*

80. 0080.00*

LAST TRADE DATE: 1/27/09PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS If'3MEDIATELY. YOUR FAILURE To EXERCISE IMMIEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEIMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

RE'TAIN FOR TAX RECORDS




PAGE 17






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


9/03/8 14 CALL JUN 09 NATURAL GAS i0000


EXPIRE 5/26/09

AVERAGE LONG: .500


8/11/8 ii CALL AUG 09 NATURAL GAS I0000

L0/30/8 ii CALL AUG 09 NATURAL GAS i0000


EXPIRE 7/28/09

AVERAGE LONG: .637


9/18/8 II CALL JAN i0 NATURAL GAS i0000

ii* OPTION MARKET VALUE

EXPIRE 12/28/09

AVERAGE LONG: 1.220


9/18/8 9 CALL FEB I0 NATURAL GAS I0000


EXPIRE 1/26/10

AVERAGE LONG: 1.245


20/30/8 20 CALL JUN I0 NATURAL GAS I0000




9/04/8 6 CALL AUG i0 NATURAL GAS i0000


EXPIRE 7/27/10

AVERAGE LONG: .660


10/07/8 18 CALL OCT 10 NATURAL GAS i0000


EXPIRE 9/27/10

AVERAGE LONG: .700


8/04/8 8 CALL FEB 09 NATURAL GAS i0100


EXPIRE 1/27/09

AVERAGE LONG: 1.135


EX PRICE/LEGND CC

C .500 US

.061

C .835 US

C .440 US

.141

C 1.220 US

.493

C 1.245 US

.526

C .470 US

.297

C .660 US

.390

C .700 US

.542

C 1.135 US

.001

DEBIT CREDIT

8,540.00

8,540.00*

15,510.00

15,510.00

31,020.00"

54,230.00

54,230.00*

47,340.00

47,340.00*

59,400.00

59,400.00*

23,400.00

23,400.00*

97,560.00

97,560.00*

80.00

80.00*




ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 N/. Jackson Blvd. Suite 1600AChicago, IL 60604-3190


STATEMENT DATE DEC 3 1g 2 008

PAGE 18

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

9/18/8

EX PRICE/LEGND CC

1010»




1.145.432

US


43, 200. 0043, 200. 00*

8/11/8

10/30/8

66*

1212'»

CALL SBP 09 NATURAL GAS 10200 COPTION MARKET VALUE






.885

.199

.490

.196

US

US

11,940. 0011,940. 00»

23, 520. 0023, 520. 00*

8/01/8 66»



.847

.234US 14, 040. 00

14,040. 00»

10/30/8 1818*




.410 US

.24143, 380.0043, 380.00*

10/14/8 2020*




.700 US.39879, 600. 0079, 600. 00»

9/18/8 66*




1.080.455

US 27, 300.0027, 300.00»

10/20/8 2222*





.780

.433US 95, 260. 00

95, 260. 00»

P! EASE REPORT ANY DIFFERENCES OR OBJECTIONS IMIVIEDIATELY. YOLIR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOLIR AGREEMENT THAT THIS STATEI'SENT IS CORRECT AND RATIFIED

RETAIN FOR AX RECORDS




PAGE 18






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


9/18/8 I0 CALL DEC 09 NATURAL GAS i0100 C 1.145 US 43,200.00

I0" OPTION MARKET VALUE .432 43,200.00*EXPIRE 11/23/09

AVERAGE LONG: 1.145



6* OPTION MARKET VALUE .199 11,940.00,EXPIRE 8/26/09

AVERAGE LONG: .885




EXPIRE 8/26/09

AVERAGE LONG: .490


8/01/8 6 CALL APR I0 NATURAL GAS 10250 C .847 US 14,040.00

6* OPTION MARKET VALUE .234 14,040.00.



L0/30/8 18 CALL MAY I0 NATURAL GAS 10250 C .410 US 43,380.00


EXPIRE 4/27/10

AVERAGE LONG: .410


10/14/8 20 CALL DEC 09 NATURAL GAS 10350 C .700 US 79,600.00


EXPIRE 11/23/09

AVERAGE LONG: .700


9/18/8 6 CALL MAR i0 NATURAL GAS 10350 C 1.080 US 27,300.00




10/20/8 22 CALL JAN i0 NATURAL GAS 10400 C .780 US 95,260.00


EXPIRE 12/28/09

AVERAGE LONG: .780








PAGE 19

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC 'WEALTH MANAGEMENT(704)264-2767


IP YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMBNT THAT YOUARB UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICB AT1/800/654-0461 or 312/242-7200.

DATE

8/07/8

EX PRICE/LEGND CC

1212*


BXPZRE 3/26/09AVERAGE LONG: .585


.585

.009US


1,080. 001,080. 00»

8/11/8 99»

CALL OCT 09 NATURAL GAS 10500 COPTION MARKBT VALUB


.945

.270US 24, 300.00

24, 300.00*

9/05/8 77 '»




1.040.436

US 30 520 0030, 520. 00»

10/14/8 1313*




.755

.424US 55, 120.00

55, 120.00»

10/30/8 1717*





.490

.253US 43, 010.00

43, 010.00»

10/14/8 1919»



.300 US

.18535, 150.0035, 150.00»

10/20/8

10/30/8 3030*


11 CALL JUL 09 NATURAL GAS 11050 C11* OPTION MARKET VALUE

EXPIRE 6/25/09AVBRAGE SHORT: .300



BXPIRB 11/23/09AVERAGB LONG: .590


.300 US

.058

.590 US

.302

6, 380.006, 380.00*

90, 600.0090, 600.00»

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMI'IEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEI»1ENT THAT THIS STATEI'SENT IS CORRECT AND RATIFIED





PAGE 19






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/07/8 12 CALL APR 09 NATURAL GAS 10500


EXPIRE 3/26/09

AVERAGE LONG: .585


8/11/8 9 CALL OCT 09 NATURAL GAS 10500 C


EXPIRE 9/25/09

AVERAGE LONG: .945


9/05/8 7 CALL MAR I0 NATURAL GAS 10500 C


EXPIRE 2/23/10

AVERAGE LONG: 1.040


10/14/8 13 CALL MAR i0 NATURAL GAS 10600 C


EXPIRE 2/23/10

AVERAGE LONG: .755


10/30/8 17 CALL OCT 09 NATURAL GAS 10850 C17" OPTION MARKET VALUE

EXPIRE 9/25/09

AVERAGE LONG: .490


10/14/8 19 CALL APR i0 NATURAL GAS 10850 C


EXPIRE 3/26/10

AVERAGE LONG: .300


10/20/8 Ii CALL JUL 09 NATURAL GAS 11050 CIi* OPTION MARKET VALUE

EXPIRE 6/25/09

AVERAGE SHORT: .300


10/30/8 30 CALL DEC 09 NATURAL GAS 11200 C


EXPIRE 11/23/09

AVERAGE LONG: .590


EX PRICE/LEGND CC

C .585 US

.009

DEBIT CREDIT

1,080.00

1,080.00"

.945 US 24,300.00

.270 24,300.00*

1.040 US 30,520.00

.436 30,520.00*

.755 US 55,120.00

.424 55,120.00"

.490 US 43,010.00

.253 43,010.00"

.300 US 35,150.00

.185 35,150.00"

.300 US 6,380.00

.058 6,380.00*

.590 US 90,600.00

.302 90,600.00*







PAGE 20

ACCOUNT NUMBBR:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH'MANAGEMBNT(704)264-2767

PIEDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTE 1ITC 28233-3060

IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICB AT1/800/654-0461 or 312/242-7200.

DATB

10/30/8

EX PRICB/LEGND CC

3232*



.645 US

.327


104, 640. 00104, 640. 00*

10/30/8 2626*




.630 US

.34188, 660.0088, 660.00»

10/20/8 2626*




.510 US.37296, 720. 0096, 720. 00*

10/30/8 2020~



BXPIRE 2/23/10AVBRAGB LONG: .575

.575.315US 63, 000.00

63, 000.00*

9/03/8


13 CALL APR 09 NATURAL GAS 12000 C13* OPTION MARKET VALUE

BXPIRB 3/26/09AVERAGE SHORT: .140

.140 US

.002260. 00260. 00~

10/14/8


13 CALL sTUN 09 NATURAL GAS 12000 C13* OPTION MARKET VALUE


.100 US 2, 600.00

.020 2, 600. 00~

10/30/8

11/03/8 3030*


18 CALL APR 10 NATURAL GAS 12000 C18+ OPTION MARKET VALUB





.230 US 21, 960.00

.122 21, 960.00~

.480 US

.334100,200. 00100,200. 00~


PLEASE REPORT ANY DIFFERFNCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OR






PAGE 20






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


10/30/8 32 CALL JAN i0 NATURAL GAS 11300 C .645 US 104,640.00


EXPIRE 12/28/09

AVERAGE LONG: .645


10/30/8 26 CALL FEB I0 NATURAL GAS 11500 C .630 US 88,660.00


EXPIRE 1/26/10

AVERAGE LONG: .630


10/20/8 26 CALL OCT I0 NATURAL GAS 11500 C .510 US 96,720.00


EXPIRE 9/27/10

AVERAGE LONG: .510


I0/30/8 20 CALL MAR I0 NATURAL GAS 11700 C .575 US 63,000.00


EXPIRE 2/23/10

AVERAGE LONG: .575


9/03/8 13 CALL APR 09 NATURAL GAS 12000 C .140 US 260.00


EXPIRE 3/26/09

AVERAGE SHORT: .140


10/14/8 13 CALL JUN 09 NATURAL GAS 12000 C .i00 US 2,600.00


EXPIRE 5/26/09

AVERAGE SHORT: .i00




EXPIRE 3/26/10

AVERAGE SHORT: .230


11/03/8 30 CALL NOV i0 NATURAL GAS 12250 C .480 US 100,200.00


EXPIRE 10/26/10

AVERAGE LONG: .480





ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 N/. Jackson Blvd. Suite 1600AChicago, IL 60604-3190



PAGE 21

ACCOUNT NUMBER:

SALESMAN NUMBBR:

INTRODUCED BY:

X2068

X121



IP YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SBRVICE AT1/800/654-0461 or 312/242-7200.

DATE LONG/BUY SHRT/SELL DESCRIPTION BX PRICB/LBGND CC DBBIT CREDIT

9/05/8 1111»




.340

.196US 21, 560. 00

21, 560. 00*

9/04/89/18/8

17 CALL PEB 09 NATURAL GAS 13000 C16 CALL FEB 09 NATURAL GAS 13000 C33* OPTION MARKBT VALUE


.140 US

.180 US

.001

170.00160.00330.00»

9/03/8

9/18/8


13 CALL MAR 09 NATURAL GAS 13000 C13» OPTION MARKBT VALUE



12 CALL APR 09 NATURAL GAS 13000 C12* OPTION MARKBT VALUE

BXPIRE 3/26/09AVBRAGE SHORT: .100


.180 US

.001

.100 US

.001

130.00130.00»

120.00120.00»

9/18/8 12 CALL MAY 09 NATURAL GAS 13000 C12» OPTION MARKET VALUE


.120 US

.0111,320. 001,320. 00*

10/30/8


11 CALL AUG 09 NATURAL GAS 13000 C11* OPTION MARKET VALUE



.150 US

.0384, 180.004 180.00»

10/30/8 12 CALL SEP 09 NATURAL GAS 13000 C12* OPTION MARKET VALUE



.200 US 10,560. 00

.088 10,560. 00»

10/14/8 18 CALL OCT 09 NATURAL GAS 13000 C18» OPTION MARKET VALUE



.290 US 22, 860.00.127 22, 860.00»

Pl EASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMIEDIATELY YOUR RIGHT To HAVE DIF»ERENCES OROBJECTIONS CORRECTED WILL BE DEEI3IED YOUR AGREEI»1ENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 21





INTRODUCED BY: RBC-WEALTH-MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


9/05/8 II CALL SEP i0 NATURAL GAS 12800 C .340 US 21,560.00


EXPIRE 8/26/10

AVERAGE LONG: .340





EXPIRE 1/27/09

AVERAGE SHORT: .159


9/03/8 13 CALL MAR 09 NATURAL GAS 13000 C .180 US 130.00

13" OPTION MARKET VALUE .001 130.00"

EXPIRE 2/24/09

AVERAGE SHORT: .180


9/18/8 12 CALL APR 09 NATURAL GAS 13000 C .i00 US 120.00


EXPIRE 3/26/09

AVERAGE SHORT: .i00




EXPIRE 4/27/09

AVERAGE SHORT: .120


10/30/8 Ii CALL AUG 09 NATURAL GAS 13000 C .150 US 4,180.00


EXPIRE 7/28/09

AVERAGE SHORT: .150


i0/30/8 12 CALL SEP 09 NATURAL GAS 13000 C .200 US 10,560.00


EXPIRE 8/26/09

AVERAGE SHORT: .200


L0/14/8 18 CALL OCT 09 NATURAL GAS 13000 C .290 US 22,860.00


EXPIRE 9/25/09

AVERAGE SHORT: .290


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIF, ERENCES OR






PAGE 22

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC'WEALTH'MANAGEMENT(704)264-2767


ZP YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT TEAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMBR SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

10/14/810/30/8

LONG/BUY SHRT/SBLL DESCRIPTION EX PRICE/LEGND CC

.080

.180

.106

USUS

20 CALL JUN 10 NATURAL GAS 13000 C20 CALL JUN 10 NATURAL GAS 13000 C40* OPTION MARKET VALUE



DEBIT

21,200. 0021,200. 0042, 400. 00»

CRBDIT

10/14/8 16 CALL JUL 10 NATURAL GAS 13000 C16» OPTION MARKET VALUE


.100

.111US 17,760. 00

17,760.00*

9/09/8

10/14/8

10/14/810/30/8

1818»


CALL OCT 09 NATURAL GAS 13050 COPTION MARKBT VALUE



23 CALL NOV 09 NATURAL GAS 13250 C23* OPTION MARKET VALUB



19 CALL MAY 10 NATURAL GAS 13250 C18 CALL MAY 10 NATURAL GAS 13250 C37* OPTION MARKET VALUE


.342

.125

.240

.152

.080.140

.086

US

US

USUS

34, 960.0034, 960.00»

16,340. 0015,480. 0031,820. 00»

22, 500.0022, 500.00*

9/17/8

10/14/8

10/20/8


15 CALL NOV 09 NATURAL GAS 13500 C15» OPTION MARKBT VALUE



20 CALL DEC 09 NATURAL GAS 13500 C20 ' OPTION MARKET VALUE



18 CALL SEP 10 NATURAL GAS 13950 C18» OPTION MARKET VALUE


.360

.144

.235

.139

.200

.140

US

US

US

21, 600.0021, 600.00»

27, 800. 0027, 800. 00*

25, 200. 0025, 200. 00»

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. O R FAILURE To EXERCISE IMI'1EDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED W!LL BE DEEMIED YOIJR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED

RE'TAIN FOR TAX RECORDS




PAGE 22






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068


IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOU



1/800/654-0461 or 312/242-7200.

DATE

10114181013018

1011418

SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT

20 CALL JUN i0 NATURAL GAS 13000 C .080 US 21,200.00

20 CALL JUN I0 NATURAL GAS 13000 C .180 US 21,200.00


EXPIRE 5/25/10

AVERAGE SHORT: .130


16 CALL JUL i0 NATURAL GAS 13000 C .i00 US 17,760.00

16" OPTION MARKET VALUE .iii 17,760.00"

EXPIRE 6/25/10

AVERAGE SHORT: .i00


9/09/8 18 CALL OCT 09 NATURAL GAS 13050 C .342 US 22,500.00


EXPIRE 9/25/09

AVERAGE LONG: .342


23 CALL NOV 09 NATURAL GAS 13250 C .240 US 34,960.00


EXPIRE 10/27/09

AVERAGE SHORT: .240


19 CALL MAY I0 NATURAL GAS 13250 C .080 US 16,340.00

18 CALL MAY i0 NATURAL GAS 13250 C .140 US 15,480.00


EXPIRE 4/27/10

AVERAGE SHORT: .109


15 CALL NOV 09 NATURAL GAS 13500 C .360 US 21,600.00

15" OPTIONMARKET VALUE .144 21,600.00"

EXPIRE 10/27/09

AVERAGE SHORT: .360


20 CALL DEC 09 NATURAL GAS 13500 C .235 US 27,800.00


EXPIRE 11/23/09

AVERAGE SHORT: .235


18 CALL SEP i0 NATURAL GAS 13950 C .200 US 25,200.00


EXPIRE 8/26/10

AVERAGE SHORT: .200

1011418

10114181013018

911718

1011418

1012018

LONG/BUY CREDIT

PLEASE REPORT ANY DIFFERENCES OR O_J_.tTt_'_M_I_A_TELY° _Y_edR_AILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR






PAGE 23

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121



IP YOU HAVE ANY {}UESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SBRVZCE AT1/800/654-0461 or 312/242-7200.

DATE

9/12/8


.150

.001US13 CALL MAR 09 NATURAL GAS 14000 C

13* OPTION MARKET VALUEEXPZRB 2/24/09

AVERAGE SHORT: .150

DEBIT

130.00130.00*

CRBDZT

8/20/8


11 CALL vTUL 09 NATURAL GAS 14000 C11» OPTION MARKET VALUE


.150

.013US 1,430.00

1,430.00»

9/04/8

9/29/810/30/8

9/18/810/20/810/30/8


12 CALL SBP 09 NATURAL GAS 14000 C12» OPTION MARKET VALUE



17 CALL OCT 09 NATURAL GAS 14000 C17 CALL OCT 09 NATURAL GAS 14000 C34» OPTION MARKET VALUE

EXPZRB 9/25/09AVERAGB SHORT: .205


10 CALL DEC 09 NATURAL GAS 14000 C29 CALL DEC 09 NATURAL GAS 14000 C30 CALL DEC 09 NATURAL GAS 14000 C69* OPTION MARKET VALUE


.170

.079

.210

.200

.105

.400

.300

.300

.118

US

USUS

USUSUS

9, 480. 009, 480. 00»

17,850.0017,850.0035, 700.00*

11,800.0034, 220. 0035, 400. 0081,420. 00»

10/20/810/30/8


22 CALL ZAN 10 NATURAL GAS 14000 C32 CALL vTAN 10 NATURAL GAS 14000 C54* OPTION MARKET VALUE



.300 US 35, 200. 00

.340 US 51,200. 00

.160 86, 400. 00»

10/30/8 26 CALL PEB 10 NATURAL GAS 14000 C26* OPTION MARKET VALUE


.340 US 48, 620. 00

.187 48, 620. 00»

10/14/8


13 CALL MAR 10 NATURAL GAS 14000 C .280 US 24, 440. 00

oL EASE REPORT ANY DIFFERENCES OR OBJECTIONS IMIMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOLIR RIGHT TO HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEIvlENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 23




SALESMAN NI/MBER: XI21


(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE

911218

812Ol8

910418

9/29/810/30/8

91181810120181013018

101201810/30/8

lO/3O/8

1011418

LONG/BUY SHRT/SELL DESCRIPTION EX PRICE/LEGND CC DEBIT

13 CALL MAR 09 NATURAL GAS 14000 C .150 US 130.00


EXPIRE 2/24/09

AVERAGE SHORT: .150


Ii CALL JUL 09 NATURAL GAS 14000 C .150 US 1,430.00

II* OPTION MARKET VALUE .013 1,430.00"

EXPIRE 6/25/09

AVERAGE SHORT: .150


12 CALL SEP 09 NATURAL GAS 14000 C .170 US 9,480.00


EXPIRE 8/26/09

AVERAGE SHORT: .170


17 CALL OCT 09 NATURAL GAS 14000 C .210 US 17,850.00

17 CALL OCT 09 NATURAL GAS 14000 C .200 US 17,850.00


EXPIRE 9/25/09

AVERAGE SHORT: .205


I0 CALL DEC 09 NATURAL GAS 14000 C .400 US 11,800.00




EXPIRE 11/23/09

AVERAGE SHORT: .314


22 CALL JAN I0 NATURAL GAS 14000 C .300 US 35,200.00

32 CALL JAN I0 NATURAL GAS 14000 C .340 US 51,200.00


EXPIRE 12/28/09

AVERAGE SHORT: .323


26 CALL FEB i0 NATURAL GAS 14000 C .340 US 48,620.00


EXPIRE 1/26/10

AVERAGE SHORT: .340


13 CALL MAR i0 NATURAL GAS 14000 C .280 US 24,440.00

CREDIT

iPI. EASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY, YOUR FAILURE TO EXERCISE ,MMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR



ADM INVESTOR SERVICES, INC,Chicago Board of Trade Building141 N/. Jackson Blvd. Suite 160QAChicago, IL 60604-3190


STATEMBNT DATE: DEC 31, 2008

PAGE 24

ACCOUNT NUMBBR;

SALESMAN NUMBER:

INTRODUCBD BY:

X2068

X121



IP YOU HAVB ANY {}UESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARB UNABLE TO RESOLVE WITH YOUR BROKER,PLEASB CONTACT ADMIS CUSTOMER SBRVICB AT1/800/654-0461 or 312/242-7200.

DATE

10/21/8

LONG/BUY SHRT/SELL DBSCRZPTION BX PRICB/LEGND CC

.300


33* OPTION MARKET VALUBEXPIRE 2/23/10

AVERAGE SHORT: .292


DEBIT

37, 600.0062, 040. 00»

CREDIT

9/05/8 12 CALL APR 10 NATURAL GAS 14000 C12* OPTION MARKET VALUB



.100 US

.0647, 680.007, 680.00'»

10/22/8 17 CALL AUG 10 NATURAL GAS 14000 C17» OPTION MARKET VALUE


.170 US 17,510.00

.103 17,510.00*

9/04/8


15 CALL NOV 09 NATURAL GAS 14500 C15* OPTION MARKET VALUB


.200 US 17,400. 00

.116 17 400 00»


8/20/8

7/02/8 66»

5 CALL AUG 10 NATURAL GAS 14800 C5» OPTION MARKET VALUB



CALL MAR 09 NATURAL GAS 14900 COPTION MARKET VALUB


.200

.080

1.950.001

US

US

4, 000. 004, 000. 00»

60.0060.00»

7/02/8 99»



BXPIRB 1/27/09AVBRAGE LONG: 1.870

1.870.001

US 90.0090.00»

8/05/8


12 CALL MAY 09 NATURAL GAS 15000 C12» OPTION MARKET VALUE

BXPZRE 4/27/09AVBRAGE SHORT: .120

.120 US.004480. 00480. 00*


PLEASE RFPORT ANY DIFFERENCES OR OBJECTIONS IMI'AEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOLIR RIGHT To HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 24





INTRODUCED BY: RBC.WEALTH'MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


10/21/8 20 CALL MAR i0 NATURAL GAS 14000 C .300 US 37,600.00


EXPIRE 2/23/10

AVERAGE SHORT: .292


9/05/8 12 CALL APR i0 NATURAL GAS 14000 C .I00 US 7,680.0012" OPTION MARKET VALUE .064 7,680.00*

EXPIRE 3/26/10

AVERAGE SHORT: .i00


10/22/8 17 CALL AUG i0 NATURAL GAS 14000 C .170 US 17,510.0017" OPTION MARKET VALUE .103 17,510.00"

EXPIRE 7/27/10

AVERAGE SHORT: .170




EXPIRE 10/27/09

AVERAGE SHORT: .200


8/20/8 5 CALL AUG I0 NATURAL GAS 14800 C .200 US 4,000.005* OPTION MARKET VALUE .080 4,000.00*

EXPIRE 7/27/10

AVERAGE SHORT: .200


7/02/8 6 CALL MAR 09 NATURAL GAS 14900 C 1.950 US6* OPTION MARKET VALUE .001

EXPIRE 2/24/09

AVERAGE LONG: 1.950


7/02/8 9 CALL FEB 09 NATURAL GAS 15000 C 1.870 US


EXPIRE 1/27/09

AVERAGE LONG: 1.870


8/05/8 12 CALL MAY 09 NATURAL GAS 15000 C .120 US 480.00


EXPIRE 4/27/09

AVERAGE SHORT: .120


CREDIT

60.00

60.00*

90.00

90.00*

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY, YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR



ADM INVESTOR SERVICES, INC,Chicago Board of Trade Building141 Im. Jackson Blvd. Suite 1600AChicago, IL 60604-3190



PAGE 25

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH'MANAGEMENT(704)264-2767


IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARB UNABLE TO RESOLVB WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

8/20/8

EX PRICE/LEGND CC

11 CALL AUG 09 NATURAL GAS 15000 C11* OPTION MARKET VALUE



.160

.027US

LONG/BUY SHRT/SBLL DESCRIPTION DEBIT

2, 970.002, 970.00*

CREDIT

10/08/8

9/11/8

23 CALL NOV 09 NATURAL GAS 15000 C23+ OPTION MARKET VALUE

BXPIRB 10/27/09AVBRAGE SHORT: .200


10 CALL DEC 09 NATURAL GAS 15000 C10* OPTION MARKET VALUB


.200.105

.260

.084

US

US

24, 150.0024, 150.000

8, 400. 008 400 00~

9/18/810/08/8


11 CALL JAN 10 NATURAL GAS 15000 C11 CALL JAN 10 NATURAL GAS 15000 C22% OPTION MARKET VALUE

EXPIRB 12/28/09AVERAGB SHORT: .320

.380 US 14, 300.00

.260 US 14,300.00

.130 28, 600.00~

10/08/8


8 CALL FEB 10 NATURAL GAS 15000 C8~ OPTION MARKET VALUB


.260 US 12,320.00

.154 12,320.00*

10/30/8


20 CALL MAR 10 NATURAL GAS 15000 C20* OPTION MARKET VALUE


.280 US 31,200. 00

.156 31,200. 00~

8/01/8


6 CALL APR 10 NATURAL GAS 15000 C6* OPTION MARKET VALUE



.210.048US 2, 880.00

2, 880.00*

8/01/8 5 CALL ZUL 10 NATURAL GAS 15000 C5* OPTION MARKET VALUE


.200 US

.0552, 750.002, 750. 00m


PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OR

OBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEIv1ENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 25






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/20/8 II CALL AUG 09 NATURAL GAS 15000 C .160 US 2,970.00

II* OPTION MARKET VALUE .027 2,970.00*

EXPIRE 7/28/09

AVERAGE SHORT: .160




EXPIRE 10/27/09

AVERAGE SHORT: .200


9/11/8 I0 CALL DEC 09 NATURAL GAS 15000 C .260 US 8,400.00

i0" OPTION MARKET VALUE .084 8,400.00*

EXPIRE 11/23/09

AVERAGE SHORT: .260


9/18/8 ii CALL JAN I0 NATURAL GAS 15000 C .380 US 14,300.00

10/08/8 ii CALL JAN i0 NATURAL GAS 15000 C .260 US 14,300.00


EXPIRE 12/28/09

AVERAGE SHORT: .320


10/08/8 8 CALL FEB I0 NATURAL GAS 15000 C .260 US 12,320.00


EXPIRE 1/26/10

AVERAGE SHORT: .260


10/30/8 20 CALL MAR I0 NATURAL GAS 15000 C .280 US 31,200.00


EXPIRE 2/23/10

AVERAGE SHORT: .280




EXPIRE 3/26/10

AVERAGE SHORT: .210


8/01/8 5 CALL JUL i0 NATURAL GAS 15000 C .200 US 2,750.00


EXPIRE 6/25/10

AVERAGE SHORT: .200


CREDIT

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY, YOUR FAILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TQ HAVE DIFFERENCES OR



ADM INVESTOR SERVICES, INC.Chicago Board of Trade Building141 I/I/. Jackson Blvd. Suite 1600AChicago, IL 60604-3190



PAGE 26

ACCOUNT NUMBER:

SALBSMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC WEALTH MANAGBMENT(704)264-2767

P IEDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTE NC 28233-3060

IP YOU HAVE ANY QUESTIONS OR ISSUBSREGARDING YOUR STATBMENT THAT YOUARE UNABLE TO RESOLVB WZTH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SBRVZCE AT1/800/654-0461 or 312/242-7200.

DATE

8/01/8


.250

.075US6 CALI AUG 10 NATURAL GAS 15000 C

6» OPTION MARKET VALUBEXPIRE 7/27/10

AVERAGE SHORT: .250

DEBIT

4, 500.004, 500.00»

CREDIT

9/29/810/20/8


17 CALL OCT 10 NATURAL GAS 15000 C26 CALL OCT 10 NATURAL GAS 15000 C43* OPTION MARKET VALUE


.230

.200

.161

USUS

27, 370.0041, 860.0069, 230.00»

10/20/8


17 CALL PEB 10 NATURAL GAS 15200 C17» OPTION MARKET VALUE



.300 US 25, 160.00

.148 25, 160.00»

6/03/8 88*

CALL PEB 09 NATURAL GAS 15250 COPTION MARKBT VALUB


1.520.001

US 80.0080.00»

9/18/8


9 CALL PEB 10 NATURAL GAS 15500 C9» OPTION MARKET VALUE

BXPIRB 1/26/10AVBRAGE SHORT: .380

.380 US 12, 600. 00

.140 12,600.00»

9/05/89/18/8


7 CALL MAR 10 NATURAL GAS 15500 C6 CALL MAR 10 NATURAL GAS 15500 C

13» OPTION MARKET VALUEBXPIRB 2/23/10

AVERAGE SHORT: .351

.310

.400

.143

USUS

10,010.008, 580.00

18,590.00»

6/03/8 77»




1.470.001

US 70.0070.00*

8/04/88/29/8


8 CALL PEB 09 NATURAL GAS 16000 C26 CALL PEB 09 NATURAL GAS 16000 C34» OPTION MARKET VALUB


.200 US

.170 US

.001

80.00260. 00340. 00»

P' EASE REPORT ANY DIFFERENCES OR ~T~QP'IId+IQTELYIP'~+19AILURE To EXERCISE IMtvIEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OROBJECTIONS CORRECTED IOILL BE DEEI;1ED YOUR AGREEMENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 26





INTRODUCED BY: RBC.WEALTH'MANAGEMENT

(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/01/8 6 CALL AUG I0 NATURAL GAS 15000 C .250 US 4,500.006* OPTION MARKET VALUE .075 4,500.00*

EXPIRE 7/27/10

AVERAGE SHORT: .250


9/29/8 17 CALL OCT i0 NATURAL GAS 15000 C .230 US 27,370.00

.0/20/8 26 CALL OCT i0 NATURAL GAS 15000 C .200 US 41,860.0043* OPTION MARKET VALUE .161 69,230.00*

EXPIRE 9/27/10

AVERAGE SHORT: .211


10/20/8 17 CALL FEB I0 NATURAL GAS 15200 C .300 US 25,160.0017" OPTION MARKET VALUE .148 25,160.00"

EXPIRE 1/26/10

AVERAGE SHORT: .300


6/03/8 8 CALL FEB 09 NATURAL GAS 15250 C 1.520 US


EXPIRE 1/27/09

AVERAGE LONG: 1.520


9/18/8 9 CALL FEB i0 NATURAL GAS 15500 C .380 US 12,600.00


EXPIRE 1/26/10

AVERAGE SHORT: .380


9/05/8 7 CALL MAR I0 NATURAL GAS 15500 C .310 US i0,010.00

9/18/8 6 CALL MAR i0 NATURAL GAS 15500 C .400 US 8,580.0013" OPTION MARKET VALUE .143 18,590.00"

EXPIRE 2/23/10

AVERAGE SHORT: .351


6/03/8 7 CALL MAR 09 NATURAL GAS 15600 C 1.470 US7* OPTION MARKET VALUE .001

EXPIRE 2/24/09

AVERAGE LONG: 1.470





EXPIRE 1/27/09

AVERAGE SHORT: .177

CREDIT

80.00

80.00*

70.00

70.00*

PLEASE REPORT ANY DIFFERENCES OR (:_J_T,I_):I_"I,_I_.TELY,1/Y_I/°8_#AILURE TO EXERCISE IMMEDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR


RETAIN FOR "i'AX RECORDS



STATBMENT DATE DEC 31g 2 0 0 8

PAGE 27

ACCOUNT NUMBER:

SALESMAN NUMBER:

INTRODUCBD BY:

X2068

X121


PZBDMONT NATURAL GAS COSOUTH CAROLINA ACCOUNTATTN ROB THORNTONPO BOX 33068CHARLOTTE NC 28233 —3060

IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMBNT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASB CONTACT ADMZS CUSTOMBR SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

8/04/8

LONG/BUY SHRT/SELL DESCRIPTION EX PRZCB/LEGND CC

.240


7» OPTION MARKET VALUEEXPIRE 2/24/09

AVERAGE SHORT: .240


DBBZT

70.0070.00*

CREDIT

7/28/8 6 CALL MAY 10 NATURAL GAS 16000 C6» OPTION MARKET VALUE


.140 US

.0402, 400. 002, 400. 00»

7/28/8

8/29/8


7 CALL JUN 10 NATURAL GAS 16000 C7» OPTION MARKET VALUE



12 CALL SEP 10 NATURAL GAS 16000 C12» OPTZON MARKET VALUE


.140 US

.042

.200 US

.080

2, 940. 002, 940.00»

9, 600. 009, 600. 00»

11/03/8


30 CALL NOV 10 NATURAL GAS 16000 C30* OPTION MARKET VALUE



.170 US 42, 000.00

.140 42, 000. 00»

8/29/8

8/29/8

17 CALL SEP 09 NATURAL GAS 17000 C17» OPTION MARKET VALUE



8 CALL OCT 09 NATURAL GAS 17000 C8» OPTION MARKBT VALUE


.150 US.047

.250 US

.053

7, 990.007, 990.00»

4, 240. 004, 240. 00»

7/02/8


9 CALL FEB 09 NATURAL GAS 20000 C9* OPTION MARKET VALUB


.870 US

.00190.0090.00»


PL EASE REPORT ANY DIFFERENCES OR OBJECTIONS II'/MEDIATELY. YOUR FAILURE To EXERCISE IMMEDIATELY YOUR RIGHT To HAVE DIFFERENCES OROBJECTIONS CORRECTED WILL BE DEEMED YOUR AGREEtv1ENT THAT THIS STATEMENT IS CORRECT AND RATIFIED





PAGE 27






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.


8/04/8 7 CALL MAR 09 NATURAL GAS 16000 C .240 US 70.00


EXPIRE 2/24/09

AVERAGE SHORT: .240


7/28/8 6 CALL MAY i0 NATURAL GAS 16000 C .140 US 2,400.006* OPTION MARKET VALUE .040 2,400.00*

EXPIRE 4/27/10

AVERAGE SHORT: .140


7/28/8 7 CALL JUN I0 NATURAL GAS 16000 C .140 US 2,940.007* OPTION MARKET VALUE .042 2,940.00*

EXPIRE 5/25/10

AVERAGE SHORT: .140


8/29/8 12 CALL SEP i0 NATURAL GAS 16000 C .200 US 9,600.0012" OPTION MARKET VALUE .080 9,600.00*

EXPIRE 8/26/10

AVERAGE SHORT: .200


11/03/8 30 CALL NOV i0 NATURAL GAS 16000 C .170 US 42,000.00


EXPIRE 10/26/10

AVERAGE SHORT: .170


8/29/8 17 CALL SEP 09 NATURAL GAS 17000 C .150 US 7,990.0017" OPTION MARKET VALUE .047 7,990.00*

EXPIRE 8/26/09

AVERAGE SHORT: .150


8/29/8 8 CALL OCT 09 NATURAL GAS 17000 C .250 US 4,240.008* OPTION MARKET VALUE .053 4,240.00*

EXPIRE 9/25/09

AVERAGE SHORT: .250




EXPIRE 1/27/09

AVERAGE SHORT: .870


CREDIT







PAGE 28

ACCOUNT NUMBBR:

SALESMAN NUMBER:

INTRODUCED BY:

X2068

X121

RBC'WEALTH MANAGEMENT(704)264-2767


IF YOU HAVE ANY QUESTIONS OR ISSUESREGARDING YOUR STATEMENT THAT YOUARE UNABLE TO RESOLVE WITH YOUR BROKER,PLEASE CONTACT ADMIS CUSTOMER SERVICE AT1/800/654-0461 or 312/242-7200.

DATE

7/02/8

LONG/BUY SHRT/SELL DESCRIPTION EX PRICB/LEGND CC

.960 US

.0016 CALL MAR 09 NATURAL GAS 20000 C6* OPTION MARKBT VALUE



DEBIT

60.0060.00*

CREDIT

6/03/8 8 CALL FEB 09 NATURAL GAS 21000 C8+ OPTION MARKET VALUE


.760 US

.00180.0080.00~

6/03/8


7 CALL MAR 09 NATURAL GAS 21000 C7* OPTION MARKET VALUE


.720

.001US 70.00

70.00~


1. BEGINNING ACCT BALANCE2. P&L AND CASH ACTIVITY3. ENDING ACCT BALANCE4. NET FUTURES P&L8. OPTIONS MARKET VALUE

SEG USD6, 958, 358.003, 335,293.00 ~(p10,293, 651.001,070, 257. 00-7, 295, 020. 00-

9. ACCT VALUB AT MARKET11. CONVERTED ACCT VALUE US

2, 998, 631.002, 998, 631.00

*~* CURRENT MONTH *~* *** YEAR-TO-DATE ***

FUTURES P&LOPTION PREMIUM

USUS

1,070, 257. 00-.00

1,189,580.358, 062, 014.56-

* 2008 1099 INFORMATION WILL BE PROCESSBD AND SENT OUTTHE LAST WBBK OP JANUARY 2009

PLEASE REPORT ANY DIFFERENCES OR OBJECTIONS IMMEDIATELY. YOUR FAILURE To EXERCISE IM&1EDIATELY YOUR RIGHT TO HAVE DIFFERENCES OR






PAGE 28






(704)264-2767



ATTN ROB THORNTON

PO BOX 33068






1/800/654-0461 or 312/242-7200.

DATE

710218

6/03/8

610318


6 CALL MAR 09 NATURAL GAS 20000


EXPIRE 2/24/09

AVERAGE SHORT: .960


8 CALL FEB 09 NATURAL GAS 21000


EXPIRE 1/27/09

AVERAGE SHORT: .760


7 CALL MAR 09 NATURAL GAS 21000


EXPIRE 2/24/09

AVERAGE SHORT: .720


EX PRICE/LEGND CC DEBIT

C .960 US 60.00

.001 60.00*

C .760 US 80.00

.001 80.00*

C .720 US 70.00

.001 70.00*

I. BEGINNING ACCT BALANCE

2. P&L AND CASH ACTIVITY

3. ENDING ACCT BALANCE

4. NET FUTURES P&L

8. OPTIONS MARKET VALUE

9. ACCT VALUE AT MARKET

ii. CONVERTED ACCT VALUE US

FUTURES P&LOPTION PREMIUM

*** SEG USD ***

6,958,358.00 @3,335,293.00

10,293,651.00

1,070,257.00-

7,295,020.00-

2,998,631.00

2,998,631.00

*** CURRENT MONTH *** *** YEAR-TO-DATE ***

US 1,070,257.00- 1,189,580.35

US .00 8,062,014.56-

* 2008 1099 INFORMATION WILL BE PROCESSED AND SENT OUT

* THE LAST WEEK OF JANUARY 2009

CREDIT




SC Hedging Plan

SC Hed in Position Re rt

Report Dater

IaonthMay-06 (EXPIRED)May-06 (EXPIRED)May-06 (EXPIRED)May-06 (EXPIRED)May-06 (EXPIRED)May-06 (EXERCISED)May-06 (EXPIRED)Ma -06 SOLD

Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXPIRED)Jun-06 (EXERCISED)Jun-06 SETTLEMEN

Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXPIRED)Jul-06 (EXERCISED)Jul-06 SETTLEMEN

Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (EXERCISED)Aug-06 (EXPIRED)Aug-06 (SETTLEMENT)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (SETTLEMENT)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Aug-06 (EXPIRED)Au -06 EXPIRED

12/$1/2008

9 Contracts66666666

77667677333333

55556566272727

55665555666655

2828

Call Spread

CallCallCall

Collar

Call Spread

Call Spread

CallCall

Collar

Collar

Call Spread

Call Spread

CallCall

Collar

Collar

Call Spread

Call Spread

3-Way

3-Way

Collar

Collar

ToolBought Call atSold Call atBought Call stBought Call atBought Call atBought Call atSold Put atSold Futures at

Bought Call atSold Call atBought Call atSold Call atBought Call atBought Call atBought Call atSold Put atBought Call atSold Put stSettlement

Bought Call atSold Call atBought Call atSold Call atBought Call atBought Call atBought Call atSold Put atBought Call atSold Put atSettlement

Bought Call stSold Call atBought Call atSold Call stBought Call atSold Put atSold Call atSettlementBought Call atSold Put atSold Call atSehlementBought Call atSold Put atBought Call stSold Put at

As of:Purchase

Pries$0.900

($0.080)$0.570$0.540$0.555fi0.540

($0.140)$7.254

$0.880($o.ooo)$0.785

($0 200)$0.590$0.540$0.640

($0.200)$0.210

($0.210)$5 975

$0.920($0.100)$0.770

($0.200)fio.590$0 560$0.580

($0 140)fi0.340

($0 340)$6.107

$0.935($0.100)$0 875

($0.300)$0 902

($0 230)($0.110)$6 887$1.150

($0.350)($0.150)$6 887$0.740

($0.325)$0 650$0.380

12/31/2008

Price (GDI) Docile100&1&

100th100&I&

100&1&

1 00&1&

70th30th

100th100th100th100th100th100th70th30th70th40th

100&I&

100th100th100&I&

100th1 00th80th30th80th30th

100th100th1009&

100tli1 00th60th100th

100th70th

100&I&

90th40th90th40th

oor10.20017.00012.75010.70010.3007.1505.750

TTTTTT7

10.35017.00012.10017.00010.35010.9007.3505.7507.3006 150

10.40018.00012.95018.00010.90011.2007.8505.5007.1006.150

10.75018.40012.75017.50010.2007.00017 000

9.7507.00017.500

8.0006.0007.1006.050

Strike/Ceiling/FI Price/ll

10%&0%&0%10%10%10'/o

10%

&P%

10%10'/o

I o%%uo

10%10%10%I o%%uo

504/o

5P%

10%10%&P%

10%10%I Q%

&P%

I PYO

5P%50%

&P%

&P%

10%10%10%10%&P%

&P%

10%10%

10%10%50%50%

CummulativeCovsmgs

10%

20%30%4P%

50'/o

&P%

20in

30'Yo

40%

50'/o

100%

&P%

20%

30%40%

50%

100%

10'/r

20%

30%

40%

50%

&PP%

Trade Date11/2/200511/2/200512/6/2005

1/4/20062/I/20063/I/20063/1/2006

4/25/2006

11/2/200511/2/200512/6/200512/6/2005

I/9/20062/1/20063/I/20063/1/20065/I/20065/1/2006

5/25/2006

11/4/200511/4/200512/7/2005I 2/7/2005

1/9/20062/2/20063/2/20063/2/2006

5/16/20065/16/20066/27/2006

11/3/200511/3/200512/6/200512/6/2005

I /9/20061/9/20061/9/2006

7/26/20062/1/20062/I/20062/I /2006

7/26/20063/1/20063/1/2006

5/17/20065/17/2006

Max 9Contmcta

6161616161616161

5454545454545454545454

55555555555555

555555

55555555

Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXERCISED)Sept-06 (SOLD)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXERCISED)Sept-06 (SOLD)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Sept-06 (EXPIRED)Se t-06 EXPIREDOct-06 (EXPIRED)Oct-06 (EXPIRED)Oct-06 (EXPIRED)Oct-06 (EXPIRED)Oct-06 (EXPIRED)Oct-06 (EXERCISED)Oct-06 (EXPIRED)Oct-06 (SETTLEMENT)Oct-06 (EXPIRED)Oct-06 (EXERCISED)Oct-06 (EXPIRED)Oct-06 (SETTLEMENT)Oct-06 (EXPIRED)Oct-06 (EXERCISED)Oct-06 (EXPIRED)Oct-06 (SETTLEMENT)Oct-06 (EXPIRED)Oct-06 (EXERCISED)Oct-06 (EXPIRED)Oct-06 SETTLEMENNov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06(EXPIRED)Nov-06 SOLDDec-06 (EXERCISED)Dec-06 (EXPIRED))Sold FuturesSold Futures

666655556666666

2929299999888899998888

4444444488877151515313115151919910

Call Spread

Call Spread

3-Way

3-Way

3-Way

3-Way

Call Spread

Call Spread

3-Way

3-Way

3-Way

3-Way

3-Way

Call Spread

3-Way

Collar

Futures

Collar

FuturesFutures

Bought Call atSold Put atSold Call stBought Csg stSold Call atBought Cell stSold Put atSold Call stBought Call atSold Put atBought Future atSold FuturesBought Call atSold Put stSold Futures atSold Futures at

Bought Call atSold Call atBought Call atSold Call atBought Call atSold Put atBought Futures stSold Call atBought Call atPut (Exercised)Sold Futures atSold Call atBought Call stSold Put atSold Call stBought Call atSold Put atSold Cell atBought Call atSold Call stBought Call stSold Cso atBought Call atSold Put atSold Call atSettlementBought Cell etSold Put atSold Call atSettlementBought Call atSold Put stSold Call stSettlementBought Call atSold Put atSold Call atSettlement

$0.980($0.170)$0.780

($0.210)fi0.932

($0.180)fi6.472

($0.190)$1 530

($0.500)($6.472)($0.200)$0.879

($0.260)($0.140)$0.678

($0 280)$0.120$1.120

($0.300)$1.180

($0.350)$0 962

($0 200)($0.200)$6.500$1.160

($0.500)($0.300)$7 000$1 009

($0.390)($0.140)$5.900$0.560

($0.460)($0.100)$5.950$0.890

($0 230)($0.170)$0.660

($0.120)$0.860

($0.360)($0.150)$0.445

($0.125)$0.000$7.148$0.760

($0.300)$8.001$8.002

100th100th100th100th1 00th50th

100th100th70th

100&I&

90th30th100th70th30th100th100&Ii

100&I&

100th1009&1 00th50th100th

100th70&Ii

100th

80th30th100th

80th30th100th

90th30th100th80tli100th90th30th100th80th30th

Below 20th

40tll20th

11.15018.50014.00020.00010 5006.500

17 0008.6507.000

17.5008.1005.50014.0007.2505 20011.50011.00017.00012.45020.00011.0506.50018 000

11 0007.00018.500

7.7505 90014.500

7.9505.95012.450

10.3006.00017.0009.50015.0008.5006.25014.0009 3006.5005.840

7.3006.250

10%10%&P%

10%10%10%

10%&P%

10%

10%10%10'/o

&0%50'/o

50%5P%10%10%1 O'Yo

I IP/o

&P%10%10%

&P%

10%&P%

10%&P%

10%

50'/o

50'/o

50'/o

10%10%1(P/o

10'/o

10'/o

20%20%20%40%4P%20'Yo

20%20%

1Q'/o

20%

30O/o

4P%

5P%

100'Yo

&0%

20%

30%

40%

11/2/200511/2/200512/6/200512/6/2005

1/9/20068/28/20068/28/2006

1/9/20062/2/2006

8/28/20068/28/2006

2/2/20063/I/20063/1/20063/1/2006

5/26/20065/26/20065/26/200611/2/200511/2/200512/2/200512/2/2005

1/6/20061/6/2006I/6/2006I/6/20062/I/20062/1/20062/1/2006

5P%

100%

&P%

20%

4P%

80%

100%

3/6/20083/6/20063/6/20062/1/2006

6/29/20066/29/20068/29/20066/29/2006

6/5/20066/5/20066/5/20067/5/20067/5/20067/6/20067/6/20067/6/20069/6/20069/6/2006

9/26/200610/27/2006

pp%10/3/200610/3/2006

11/27/200611/27/2006

585858585858585858585858585858585858878787878787878787878767878787878787878776767676767676767676767699999999

Dec-06 (EXPIRED) 10 r:sit Snr*ed Bought Call at fi0.907 12.350 10% &0%6/2/2006 9g

G &GasAccounang&GASACC&DEFERRED-Carohnas&2009&Monthly Hedging Acct Reports-Filed-SC'&Hedging Position snd Mark-to-Market as of December 31, 2008

SC Hedging Plan

Report Date: 12/31/2008

Month • Contract= Tool

Bought Call atMay-06 (EXPIRED) 6 Call Spread Sold Call atMay-06 (EXPIRED) 6

May-06 (EXPIRED) 6 Call Bought Call at



May-06 (EXERCISED) 6 Collar Bought Call at

May-06 (EXPIRED) 6 Sold Put at

May-06 (SOLD) 6 Sold Futures at

SC Hedging Pe_-!_en ReportAs of: 12/31/2008

Purchase

Price Pdce (GDI)

$0.900

($0.080)

$0.570

$0.540

$0.555

$0.540

($0.140)

$7.254

Strlke/Celllng/FI Prlce/Ti CummulatJve Max #

Decile oor me % Coverage Coverage Trade Date Contracts

100th 10.200 T 10% 10% 11/2/2005 61

10Oth 17.000 T 10% 11/2/2005 61

100th 12.750 T 10% 20% 121612005 61

100th 10.700 T 10% 30% 11412006 61

100th 10.300 T 10% 40% 21112006 61

70th 7.150 T 10% 31112006 61

30th 5.750 T 10% 50% 31112006 61

4/2512006 61

Sought Call at $0.880Jun-06 (EXPIRED) 7 Call Spread Sold Call at ($0.080)Jun-06 (EXPIRED) 7

Bought Cell at $0.785Jun-06 (EXPIRED) 6 Cell Spread Sold Call at ($0.200)Jun-06 (EXPIRED) 5

Jun-06 (EXPIRED) 7 Call Bought Call at $0.590

Jun-06 (EXPIRED) 6 Call Bought Call at $0.540

Jun-06 (EXPIRED) 7 Collar Bought Call at $0.640

Jun-06 (EXPIRED) 7 Sold Put at ($0.200)

Jun-06 (EXPIRED) 33 Collar Bought Call at $0.210

Jun-06 (EXERCISED) 33 Sold Put at ($0.210)

Jun-06 (SETTLEMENT) 33 Settlement $5.975

100th 10.350 T 10% 10% 11/2/2005 66100th 17.000 T 10% 111212005 66

100th 12.100 T 10% 20% 12/6/2005 66100th 17.000 T 10% 1216/2005 66

100th 10.350 T 10% 30% 11912006 66

100th 10.900 T 10% 40% 2/1/2006 66

70th 7.350 T 10% 50% 31112006 6630th 5.750 T 10% 3/1/2006 66

70th 7.300 P 50% 511/2006 66

40th 6.150 P 50% 100% 5/112006 66

5/2512006 66

Bought Call at $0.920Jul-06 (EXPIRED) 5 Call Spread Sold Callat ($0.100)Jul-06 (EXPIRED) 5

Bought Call at $0.770Jul-06 (EXPIRED) 5 Call Spread Sold Call at ($0.200)Jul-06 (EXPIRED) 5

Jul-06 (EXPIRED) 6 Call Bought Call at $0.590

Jul-06 (EXPIRED) 5 Call Bought Call at $0.560

Jul-06 (EXPIRED) 6 Collar Bought Call at $0.580

Jul-06 (EXPIRED) 6 Sold Put at ($0.140)

Jul-06 (EXPIRED) 27 Collar Bought Call at $0.340

Jul-06 (EXERCISED) 27 Sold Put at ($0.340)

Jul-06 (SETrLEMENT) 27 Settlement $6,107

100th 10.400 T 10% 10% 11/4/2005 54100th 18.000 T 10% 11/4/2005 54

100th 12.950 T 10% 20% 12/7/2005 54100th 18.000 T 10% 12/7/2005 54

100th 10.900 T 10% 30% 11912006 54

100th 11.200 T 10% 40% 21212006 54

80th 7.850 T 10% 50% 31212006 5430th 5300 T 10% 3/212006 54

80th 7.100 P 50% 511612006 54

30th 5.150 P 50% 100% 511612006 546/2712006 54

Bought Call at $0.935Aug-06 (EXPIRED) 5 Call Spread Sold Call at ($0.100)Aug-06 (EXPIRED) 5

Bought Call at $0.575Aug-06 (EXPIRED) 6 Call Spread Sold Call at ($0.300)Aug-06 (EXPIRED) 6

Aug-06 (EXPIRED) 5 Bought Call at $0.902

Aug-06 (EXERCISED) 5 3-Way Sold Put at ($0.230)

Aug-06 (EXPIRED) 5 Sold Call at ($0.110)

Aug-06 (SEI-rLEMENT) 5 Settlement $6.887

Aug-06 (EXPIRED) 6 Bought Call at $1.150

Aug-06 (EXPIRED) 6 3-Way Sold Put at ($0.350)

Aug-06 (EXPIRED) 6 Sotd Call at ($0.150)

Aug-06 (SETTLEMENT) 6 Settlement $6.887

Aug-06 (EXPIRED) 5 Collar Bought Call at $0,740

Aug-06 (EXPIRED) 5 Sold Put at ($0,325)

Aug-06 (EXPIRED) 28 Collar Bought Call at $0,650

Aug-06 (EXPIRED) 28 Sold Put at ($0.380)

100th 10.750 T 10% 10% 111312005 55100th 18.400 T 10% 11/3/2005 55

100th 12.750 T 10% 20% 12/612005 55100th 17.500 T 10% 12/6/2005 55

100th 10.200 T 10% 11912006 55

60th 7.000 T 10% 30% 1/9/2006 55

100th 17.000 T 10% 11912006 55712612006

100th 9.750 T 10% 21112006 55

70th 7.000 T 10% 40% 21112006 55

100th 17300 T 10% 21112006 55

7/28/2006

90th 8.000 T 10% 50% 31112006 55

40th 6.000 T 10% 31112006 55

90th 7.100 p 50% 100% 5/1712066 5540th 6.050 P 50% 511712006 55

Bought Call at $0.980 100thSept-06 (EXPIRED) 6 Call Spread Sold Callat ($0.170) 100thSept-06 (EXPIRED) 6

Bought Call at $0.780 100thSept-06 (EXPIRED) 6 Call Spread Sold Call at ($0.210) 100thSept-06 (EXPIRED) 6

Sept-06 (EXPIRED) 5 Bought Call at $0.932 100th

Sept-06 (EXERCISED) 5 3-Way Sold Put at ($0.180) 50thSept-06 (SOLD) 5 Bought Futures at $6.472

Sept-06 (EXPIRED) 5 SoLd Call at ($0.190) 100th


Sept-06 (EXERCISED) 6 3-Way Put (Exercised) ($0.500) 70thSept-06 (SOLD) 6 Sold Futures at ($6.472)

Sept-06 (EXPIRED) 6 Sold Call at ($0.200) 100th


Sept-06 (EXPIRED) 6 3-Way Sold Put at ($0.260) 30th

Sept-06 (EXPIRED) 6 Sold Call at ($0.140) 100th


Sept-06 (EXPIRED) 29 3-Way Sold Put at ($0.280) 30th

Sept-06 (EXPIRED) 29 Sold Call at ($0.120) 100thBought Call at $1.120 100th

Oct-06 (EXPIRED) 9 Call Spread Sold Caltat ($0.300) 100thOct-06 (EXPIRED) 9

Bought Call at $1.180 100thOct-06 (EXPIRED) 9 Call Spread Sold Call at ($0.350) 100thOct-06 (EXPIRED) 9

Oct-Q6 (EXPIRED) 8 Bought Call at $0.962 100th

Oct-66 (EXERCISED) 8 3-Way Sold Put at ($0.200) 50th

Oct-06 (EXPIRED) 8 Sold Call at ($0.200) 100th

Oct-06 (SETTLEMENT) 8 Settlement $6.500

Oct-06 (EXPIRED) 9 Bought Call at $1.160 100th


Oc1-06 (EXPIRED) 9 Sold Call at ($0.300) 100th

Oct-06 (SETrLEMEN'r) 9 Settlement $7.000

Oct-06 (EXPIRED) 8 Bought Ca_l at $1.009 80th



Oct-g6 (SETTLEMENT) 8 Settlement $5.900

Oct-06 (EXPIRED) 44 Bought Call at $0.560 80th



Oct-06 (SETi'LEMENT) 44 Settlement $5,950

NOV-06(EXPIRED) 8 Bought Call at $0.890 90th

Nov-06(EXPIRED) 8 3-Way Sold Put at ($0.230) 30th

Nov-06(EXPIRED) 8 Sold Call at ($0.170) 100th

Bought Call at $0.660 80thNov-06(EXPIRED) 7 Call Spread Sold Call at ($0.120) 100thNov.06(EXPIRED) 7

Nov-O6(EXPIRED) 15 Bought Call at $0.860 90th

Nov-06(EXPIRED) 15 3-Way Sold Put at ($0.360) 30th

NOV-06(EXPIRED) 15 Sold Call at ($0.150) 100th

NOV-06(EXPIRED) 31 Collar Bought Call at $0.445 80th

Nov-06(EXPIRED) 31 Sold Put at ($0.125) 30th

Nov-06(EXPIRED) 15 Futures Bought Future at $0.000 Below 20th

NOV-06((SOLD) 15 Sold Futures $7.148

Dec-06 (EXERCISED)

Dec-06 (EXPIRED))

Sold Futures

Sold Futures

11.150 T 10% 10% 11/2/2005 5818.500 T 10% 11/2/2005 58

14.000 T 10% 20% 12/6/2005 5820.000 T 10% 12/612005 58

10.500 T 10% 1/9/2006 58

6.500 T 10% 30% 8/2812006 586/2812006 58

17.000 T 10% 1/9/2006 58

8.850 T 10% 2/212006 58

7.000 T 10% 40% 812812006 58812812006 58

17.500 T 10% 21212006 58

8.100 T 10% 31112006 58

5.500 T 10% 50% 31112006 58

14.000 T 10% 3/1/2006 58

7.250 P 50% 5/2612006 58

5.200 P 50% 100% 5/26/2006 58

11.500 P 50% 5/26/2006 58

11.000 T 10% 10% 11/2/2005 8717.000 T 10% 11/212005 87

12.450 T 10% 20% 12/2/2005 8720.000 T 10% 121212005 87

11.050 T 10% 1/6/2006 87

6.500 T 10% 30% 1/6/2006 87

18.000 T 10% 11612006 87

1/6/2006 87

11.000 T 10% 2/112006 87

7.000 T 10% 40% 21112006 87

18.500 T 10% 21112006 8787

7.750 T 10% 316/2006 87

5.900 T 10% 50% 31612006 87

14.500 T 10% 3/612006 87

21112006 87

7.950 P 500/0 6/2912006 87

5.950 P 50% 100% 6/2912006 87

12.450 P 50% 6/29/2006 876/2912006 87

10.300 T 10% 61512006 76

6.000 T 10% 10% 61512006 76

17.000 T 10% 61512006 76

9.500 T 10% 20% 715/2006 7615.000 T 10% 715/2006 76

8.500 P 20% 71612006 76

6.250 P 20% 40% 7/612006 76

14.000 P 20% 7/612006 76

9.300 40% 80% 91612006 766.500 40% 91612006 76

5.840 20% 100% 912612006 76

1012712006 76

19 Collar Bought Call at $0.760 40th 7.300 20% 100% 10/3/2006 9919 Sold Put at ($0.300) 20th 6.250 20% 101312006 99

9 Futures Sold Futures at $8.001 1112712006 99

10 Futures Sold Futures at $8.002 11/27/2006 99

Dec-06 (EXPIRED) 10 _._11RnreAd Bought Call at $0.907 90th 12.350 T 10% 10% 6/2/2006 99

G:\GasAccounting\GASACC_)EFERRED-Carolinas_009\Monthly Hedging Acct Reports-Filed-SC\Hedging Position and Mark-to-Market as of December 31, 2008

Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 (EXPIRED)Dec-06 EXPIREDJsn-07 (EXERCISED)Jan-07 (EXERCISED)Jan-07 (EXERCISED)Jan-07 (EXERCISED)Jsn-07 (EXERCISED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jsn-07 (EXPIRED)Jan-07 (EXPIRED)Jan-07 (EXPIRED)Jsn-07 EXPIREDFeb-07 (EXERCISED)Feb-07 (EXERCISED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)2/7/2007 (EXERCISED See Above)Feb-07 (EXPIRED)Feb-07 (EXPIRED)2/7/2007 (EXERCISED See Above)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 (EXPIRED)Fsb-07 (EXPIRED)Feb-07 (EXPIRED)Feb-07 EXPIRED

1010101010101010104040401111104421211066111111111111111010444421981788899

999

343434171717

Collar

3-Way

3-Way

3-Way

3-Way

3-Way

3-Way

3-Way

3-Way

Futures

3-Way

3-Way

3-Way

3-Way

3-Way

3-Way

Sold Call atBought Call atSold Put atBought Call atSold Put atSold Call atBought Cell atSold Put atSold Call atBought Call atSold Put atSold Call atSold Put atSold Put atSold Put atSold Put stSold Put atSold Futures atSold Futures atSold Futures atBought Call atSold Put atSold Call stBought Call atSold Call atBought Call atSold Call atBought Call atSold Call atBought Call atSold Call atBou ht Call atSold Put atSold Put atSold Futures atBought Call atSold Put atSold Call atBought Call atSold Call atSold Put stBought Call atSold Call atSold Put atBought Call atSold Call atSold Put aiBought Cell atSold Put atSold Call atBought Call atSold Put atSold Call at

($0.300)fi1.060

($0.450)$1.350

($0 300)($0.300)$0.800

($0.150)($0.250)$0 810

($0.400)$0 100

($0.390)($0.255)($0 210)($0.360)($0 300)$6.113$6.115$6.116$1.210

($0.113)($0.490)$1.400

($0.250)$1.520

($0.500)$1.156

($0 430)$0.883

($0 200)$0.770

($0 480)($0.400)

$1.407($0 200)($0.600)$1.600

($0.370)

$1.540($0.400)

$1.470($0.610)($0.344)$1.120

($0.450)($0.350)$1.150

($0 380)$0.300

100ijl90th40th90th40th100th908130th100th50th30th90th80th40th30th30th20th

90th30th10081100th100th90th1001II901II100th60th100th60th80th100th

90th30th

1 00th1 00th100th

100th40th

901I1

100th30th606130th

1001I1

60ill201II

90th

18 00010.5007.50011 5007.50019.00012.1507.00017.0008 0006.75012 5007.5007.5007.0006.5006.250

12.4006.00018.00011.00020.00012.45019.50012.00017.0008 50013.0008.4507.5007.5007.17912.3006.00018.00011.00020.000

13.40023.000

12.30018.0007 000e.eeo6.50013 0008 1506.25012.800

1P%I p%%uo

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10%10%10'k1P%t IPk10%40'k40vk

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10%10%10%I P%10%10'Yo

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10%10%

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10%10'Yo

10%10%10'k40%404k40'k20%20%20%

20%

40%

cook

10%

20%

30'k

40%

6P%

I P%

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30%

4P%

epvk

100'k

6/2/20067/5/20067/5/20068/1/20068/1/20068/1/20069/6/20069/6/20069/6/2006

9/20/20069/20/20069/20/2006

7/5/20068/3/2007gn/2ooe

9/22/200710/3/2006

12/26/200612/26/200612/26/2006

6/6/20066/6/20066/6/20067/5/20067/5/20068/3/20068/3/2006gn/2ooe9/7/2006

9/22/20069/22/200610/3/2006

7/5/20078/1/2007

1/26/20076/6/20066/6/20066/6/20067/5/20067/5/20067/5/20068/1/20068/1/20068/1/20069/6/20069/6/20069/6/2006

9/22/20069/22/20069/22/200610/2/200610/2/200610/2/2006

999999999999999999999999109109109109109109109109109109109109109109109109109109109109858585858585858585858585858585858585858585

Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 (EXPIRED)Mar-07 EXPIREDApr-07 (EXERCISED)Apr-07 (EXERCISED)Sold FuturesSold FuturesApr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)Apr-07 (EXPIRED)A r-07 EXPIRED

777666777666

26262614141213121366666

1212

13

3-Way

3-Way

3-Way

3-Way

3-Way

Collar

FuturesFutures

3-Wsy

Cat 1

Spread

3-Way

Collar

Bought Call atSold Put stSold Call atBought Call atSold Call atSold Put atBought Call stSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atBought Call atBought Call at

$1.550($0.230)($0.720)$1.850

($0.500)($0.600)$2.040

($0 650)($0.650)$1 740

($0 450)($0 800)$1.323

($0 550)($0.450)$0 980$0.520$0.550$0.500

Bought Call

Sold Put atSold Call atBought Call

Sold Call At

Bought Cell

Sold Put atSold Call atBought Call

Sold Put st

at $0.751($0.250)($0.050)

at $0.860($0.100)

at(Exercised - See Above)($0.250)($0.060)

at(Exerctsed - See Above)$0.230

90th30th100th100th100th80th90th40th100th90th30th100th60th20th100th70th20th50th70th

60th20th

1 00th80th

1 00th

10th100th

10th

12 0506.00018.00010.40020.0007.50011 9007.500

20.00012 0007.00018 0008.1006.25013.0008.7006.2506.7507.0007.5037 5037.8506.00014.0008.25013.000

5.50010 050

5.500

IP%10%10%10%10/o10%I P%IP%10%104k

I P%10%40'k40 k40'k20%2IPk20ok20'k

I P%I P%10%10%10%20%20%20%%uo

20ok

2IPk

1(F/o

20%

30%

4P%

80%

1 pp%%uo

I p%%uo

20ok

40%

6P%

6/5/20066/5/20066/5/20067/5/20067/5/20067/5/20068/1/20068/1/20068/1/20069/6/20069/6/20069/6/2006

9/21/20069/21/20069/21/200610/3/200610/3/2006

1/3/20071/4/2004

3/27/20073/27/200711/6/200611/6/200611/6/200612/1/200612/1/2006

1/3/20071 I3/2007

1/4/2007

616161616161616161

6161

61

SC Hed in Position Re riReport Date:

MonthMay-07 (EXERCISED)May-07 (EXERCISED)Sold FuturesSold FuturesMay-07 (EXPIRED)May-07 (EXPIRED)May-07 (EXPIRED)May-07 (EXPIRED)May-07 (EXPIRED)May-07 (EXPIRED)Msy-07 (EXPIRED)May-07 (EXPIRED)May-07 (EXPIRED)Ms -07 EXPIRED

12/31/2808

g Contracts1213121366666

13

FuturesFutures

3-Way

CattSpread

3-Way

Collar

ToolBought Call atBought Call at

As of:Purchase

Price$0.560$0.550

$0.811($0.280)($0.080)$0.824

($0.060)

($0.565)(fi0.570)

$0.280

Bought Call atSold Put at

Sold Call atBought Call atSold Call At

Bought Call at(Exercised - See Above)Sold Put atSold Put atBought Cse at(Exercised - See Above)Sold Put st

12/$1/2008

Price GDI70th70th

60th20th

1 00th80th100th

40th40th

10th

7.0507.1007.6897.6897 9506.00013.5008 55014.500

6.1506.150

5.500

20%%uo

20%

I P%10%IP%10'k10%

20%20'Yo

20ok

IP%

20%

40%

60%

12/29/20061/4/2007

4/25/20074/25/200711/6/200611/6/200611/6/200612/1/200612/1/2006

12/29/200612/26/200612/29/2006

1/4/2007

6161616161616161616161616161

Strike/Ceiling/FI Price/TI Cummulathre Max 8Deeile oor me % Covers Covers Trade Date Contracts

Jun-07 - ExercisedJun-07 - ExercisedSold FuturesSold FuturesJun-07 - ExpiredJun-07 - ExpiredJun-07 - Expired

13141314777

FuturesFutures

3-Way

Bought Call atBought Call at


Sold Call at

$0.720$0.710

$0.879($0.300)($0.100)

70th7081

608120th100th

7.0007.0007.6427.6428.0006.00013.500

20ok

20%

10%10%10%

10%

1/3/20071/4/2007

5/25/20075/25/200711/6/200611/6/200611/6/2006

G:IGasAccountingiGASACC(DEFERRED-Carolinasi2009'IMonthly Hedging Acct Reports-Filed-SCIHedging Position and Mark-to-Market as of December 31, 2008

Dec-06 (EXPIRED) 10

Dec-06 (EXPIRED) 10 Collar

Dec-06 (EXPIRED) 10

Dec-06 (EXPIRED) 10

Dec-06 (EXPIRED) 10 3-Way

Dec-06 (EXPIRED) 10

Dec-06 (EXPIRED) 10


Dec-06 (EXPIRED) 10

Dec-06 (EXPIRED) 40


Dec-06 (EXPIRED) 40

Jan-07 (EXERCISED) 11





Jan-07 (EXPIRED) 21

Jan-07 (EXPIRED) 10

Jan-07 (EXPIRED) 66

Jan-07 (EXPIRED) 11

Jan-07 (EXPIRED) 11 3-Way

Jan-07 (EXPIRED) 11

Jan-07 (EXPIRED) 11 3-WayJan-07 (EXPIRED) 11




Jan-07 (EXPIRED) 21

Feb-07 (EXERCISED) 9

Feb-07 (EXERCISED) 8

Feb-07 (EXPIRED) 17 Futures

Feb-07 (EXPIRED) 8

Feb-07 (EXPIRED) 8 3-Way

Feb-07 (EXPIRED) 8

Feb-07 (EXPIRED) 9


2/712007 (EXERCISED See Above)

Feb-07 (EXPIRED) 8


2/7/2007 (EXERCISED See Above)

Feb-07 (EXPIRED) 9


Feb-07 (EXPIRED) 9

Feb-07 (EXPIRED) 34


Feb-07 (EXPIRED) 34

Feb-07 (EXPIRED) 17


Feb-07 (EXPIRED) 17

Mar-07 (EXPIRED) 7

Mar-07 (EXPIRED) 7 3-Way

Mar-07 (EXPIRED) 7

Mar-07 (EXPIRED) 6


Mar-07 (EXPIRED) 6

Mar-07 (EXPIRED) 7


Mar-07 (EXPIRED) 7

Mar-07 (EXPIRED) 6


Mar-07 (EXPIRED) 6

Mar-07 (EXPIRED) 26


Mar-07 (EXPIRED) 26

Mar-07 (EXPIRED) 14 CollarMar-07 (EXPIRED) 14

Apr-07 (EXERCISED) 12

Apr-07 (EXERCISED) 13

Sold Futures 12 Futures

Sold Futures 13 Futures

Apt-07 (EXPIRED) 6

Apt-07 (EXPIRED) 6 3-Way

Apt-07 (EXPIRED) 6

Apt-07 (EXPIRED) 6 Call

Apt-07 (EXPIRED) 6 Spread

Apt-07 (EXPIRED)

Apt-07 (EXPIRED) 12 3-Way

Apt-07 (EXPIRED) 12

Apt-07 (EXPIRED) Collar

Apt-07 (EXPIRED) 13

Sold Call at ($0,300)

Bought Call at $1.060

Sold Put at ($0.450)



Sold Call at ($0.300)












Sold Futures at $6,113

Sold Futures at $6.115

Sold Futures at $6.116















Sold Futures at






Sold Put at



Sold Put at



Sold Put at ($0,344)




Bought Call at $1,150


Sold Call at {$0.300)











Sold Put at ($0 450)













Sold Call At ($0.100)

Bought Call at(Exercised - See Above)





100th 18.000 T 10% 6/212006

90th 10.500 T 10% 20% 7151200640th 7,500 T 10% 7/5/2006

90th 11.500 T 10% 81112006

40th 7.500 T 10% 30% 811/2006

100th 19.000 T 10% 8/112006

90th 12.150 T 10% 9/6/2006

30th 7.000 T 1 0o./o 40% 9/612006

100th 17.000 T 10% 9/6/2006

50th 8.000 P 40% 9/2012006

30th 6.750 P 40% 80% 912012006

90th 12,500 P 40% 9/20/2006

80th 7.500 T

40th 7.500 T

30th 7.000 T

30th 6.500 P

20th 6.250 T

90th 12.400

30th 6.000

100th 18.000

100th 11.000 T

100th 20.000

90th 12.450

100th 19.500

90th 12.000

100th 17.000

60th 8.500

100th 13.000

60th 8.450

80th 7.500

100th 7,500

7.179

90th 12.300 T

30th 6.000 T

100th 18.000 T

100th 11.000 T

lOOth 20.000 T

100th 13,400 T

40th 23.000 T

90th 12.300 T

100th 18.000 T

30th 7.000 T

60th 8,550 P

30th 6.500 P

100th 13.000 P

60th 8.150 T

20th 6.250 T

90th 12.800 T

10%

10%

10%

4O%

20%

10%

10%

10%

10%

10%

10%

10%

10%

10%

4O%

40%

20%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

10%

40%

40%

40%

20%

20%

20%

10%

20%

30%

40%

80%

10%

20%

30%

40%

80%

100%

71512006

8/3/2007

9/7/2006

9/22/2007

101312006

12/26/2006

1212612006

12/2612006

6/6/2006

6/612006

6/612006

7/5/2006

7/5/2006

8/3/2006

8/3/2006

9/7/2006

9/712006

9/22/2006

912212006

101312006

7/612007

8/1/2007

112612007

61612006

61612006

6/612006

7/5/2006

71512006

71512006

81112006

81112006

811/2006

91612006

91612006

9/6/2006

9/22/2006

912212006

9/22/2006

101212006

10/2/2006

101212006

99

99

99

99

99

99

99

99

99

99

99

99

109

109

109

109

109

109

109

109

109

109

109

109

109

109

109

109

109

109

109

109

90th 12.050 T 10% 61512006 66

30th 6.000 T 10% 10% 615/2006 66

100th 18.000 T 10% 61512006 66

100th 10.400 T 10% 71512006 66

100th 20.000 T 10% 20% 7/5/2006 66

80th 7.500 T 10% 71512006 66

90th 11.900 T 10% 8/1/2006 66

40th 7.500 T 10% 30% 81112006 66

100th 20.000 T 10% 81112006 66

90th 12.000 T 10% 9/6/2006 66

30th 7.000 T 10% 40% 91612006 66

100th 18.000 T 10% 9/6/2006 66

60th 8.100 P 40% 9/2112006 66

20th 6.250 P 40% 80% 9/21/2006 66

100th 13.000 P 40% 912112006 66

70th 8.700 T 20% 100% 10/3/2006 6620th 6.250 T 20% 10/3/2006 66

1/3/2007 61

11412004 61

3/27/2007 61

3/27/2007 61

11/6/2006 61

11/6/2006 61

11/6/2006 61

1211/2006 61

1211/2006 61

1/3/2007 61

113/2007 61

1/4/2007 61

50th 6.750 T 20%

70th 7.000 T 20%

7.503

7.503

60th 7.850 T 10%

20th 6.000 T 10%

100th 14,000 T 10%

80th 8.250 T 10%

100th 13,000 T 10%

20%

10th 5.500 T 20%

100th 10.050 T 20%

20%

10th 5.500 T 20%

10%

20%

40%

60%

SC Hedging Posltlon Report

Report Date: 12/3112008

Month # Contracts Tool

As of: 12/3112006

Purchase

Price Pdce (GDI)

May-07 (EXERCISED) 12

May-07 (EXERCISED) 13Sold Futures 12

Sold Futures 13

May-07 (EXPIRED) 6

May-07 (EXPIRED) 6

May-07 (EXPIRED) 6

May-07 (EXPIRED) 6

May-07 (EXPIRED) 6

May-07 (EXPIRED)

May-07 (EXPIRED) 5

May-07 (EXPIRED) 7

May-07 (EXPIRED)

May-07 (EXPIRED) 13

Jun-07 - Exercised 13

Jun-07- Exercised 14

Sold Futures 13

Sold Futures 14

Jun-07 - Expired 7

Jun-07 - Expired 7

Jun-07 - Expired 7



Stdke/Celnng/FI Pdce/TI

Declle oor me % Coverage

70th 7.050 T 20%

70th

Futures

Futures

Bought Call at $0,811 60th

3-Way Sold Put at ($0.280) 20th

Sold Call at ($0,080) 100th

Call Bought Call at $0.824 80th

Spread Sold Cal_ At ($0.060) 100th



Sold Put at ($0.570) 40th

Collar Bought Call at(Exercised - See Above)Sold Put at ($0.280) 10th

7.100 T 20%

7.689

7.689

7.950 T 10%

6.000 T 10%

13.500 T 10%

8.550 T 10%

14.500 T 10%

6.150 T 20%

6.150 T 20%

5.500 T 20%

Bought Call at $0.720 70th 7,000 T 20%

Bought Call at $0.710 70th 7.000 T 20%

Futures 7,642

Futures 7.642

Bought Call at $0,879 60th 8.000 T 10%

3-Way Sold Put at ($0.300) 20th 6,000 T 10%

Sold Call at ($0.100) 100th 13.500 T 10%

CummulaUve

Coverage

10%

20%

4O%

60%

MIx #

Trade Da_ Contracts

12/29/2006 61

11412007 61

4/28/2007 61

4125/2007 61

11/6/2006 61

11/6/2006 61

11/6/2006 61

12/1/2006 61

12/1/2006 61

12/29/2006 61

12/26/2006 61

12/29/2006 61

61

1/4/2007 61

10%

1/3/2007

1/4/2007

5125/2007

5/25/2007

111612006

11/6/2006

11/6/2006

G:\GasAccounting\GASACC\DEFERRED-Carolinas_009\Monthly Hedging Acct Reports-Filed-SC_-iedging Position and Mark-to-Market as of December 31, 2008

Jun-07 - ExpiredJun-07 - ExpiredJun-07 - ExpiredJun-07 - ExpiredJun-07 - ExpiredJun-07 - ExpiredJun-07 - ExpiredJun-07 - ExpiredJun-07- Ex iredJul-07 - ExpiredJul-07 - ExpiredJul-07 - ExpiredJul-07 - ExpiredJul-07 - ExpiredJul-07- ExpiredJul-07 - ExpiredJul-07 - ExpiredJul-07 - ExpiredJul-07 - ExpiredJul-07- Ex iredAug-07 - ExercisedAug-07 - ExercisedAug-07 - ExercisedAug-07 - ExercisedAug-07 - ExerasedSold FuturesSold FuturesAug-07 - EXPIREDAug-07 - EXPIREDAug-07- EXPIREDAug-07 - EXPIREDAug-07 - EXPIREDAug-07 - EXPIREDAug-07- EXPIREDAug-07 - EXPIREDAug-07- EXPIREDAug-07 - EXPIREDAug-07- EXPIREDAug-07- EXPIREDAug-07- EXPIREDAug-07 - EXPIREDAug-07 - EXPIREDAu -07- EXPIREDSep-07- EXERCISEDSep-07- EXERCISEDSep-07- EXERCISEDSep-07 - EXERCISEDSep-07 - EXERCISEDSOLD FUTURESSOLD FUTURESSOLD FUTURESSOLD FUTURESSOLD FUTURESSep-07 - EXPIREDSep-07 - EXPIREDSep-07- EXPIREDSep-07 - EXPIREDSep-07 - EXPIREDSep-07 - EXPIREDSep-07- EXPIREDSep-07- EXPIREDSep-07- EXPIREDSep-07 - EXPIREDSep-07 - EXPIREDSep-07 - EXPIREDSep-07 - EXPIREDSep-07 - EXPIREDSe 07 - EXPIREDOct-07- EXPIREDOct-07- EXPIREDOct-07- EXPIREDOct-07- EXPIREDOct-07 - EXPIREDOct-07 - EXPIREDOct-07- EXPIREDOct-07- EXPIREDOct-07 - EXPIRED

1313

1414555666

2121212222566«6

2865

16«

6656296656

296

29

3-Way

3-Way

3-Way

3-Way

3-Way

3-Wsy

Collar

PutPutPutPutPut

FuturesFutures

3-Way

3-Way

3-Wsy

CallSpread

Collar

Cell

Collar

FUTURESFUTURESFUTURESFUTURESFUTURES

3-Wsy

3-Way

3-Wsy

Ca«Spread

Collar

Collar

3-Way

3-Way

3-Way


Sold Call atBought Call st

Sold Put atSold Call atBought Call at

Sold Put atSold Call atBought Call atSold Put stSold Put atSold Put atSold Put stSold Put stSold Put at

$0.919($0 330)($0.«0)$1 164

($0.240)($0 160)$0.760

($0.350)($0.150)$0 020$0.020

($0 370)($0.240)($0.535)($0.080)($0.200)

Bought Call atSOLD PUT AT (SEE ABOVE)Sold Call atBought Call atSOLD PUT AT (SEE ABOVE)Sold Cali atBought Call atSOLD PUT AT (SEE ABOVE)Sold Call atBought Call atSold Call At

Bought Call stSOLD PUT AT (SEE ABOVE)Bought Call atBought Cse atSOLD PUT AT SEE ABOVESold Put atSold Put atSold Put atSold Put atSold Put at

$0.979

($0.130)$1 300

($0.300)$1 050

($0.230)$0.540

($0.080)$0.670

$0.280$0.350

($0.380)($0.340)($0.580)($0 250)($0.270)

Bought Call atSold Put at (exercised see above)Sold Call stBought Cse stSold Put at (exercised see above)Sold Call atBought Call stSold Put at (exerased see above)Sold Call atBought Cell atSold Call At

Bought Call stSold Put at (exerased see above)Bought Call atSold Put st exercised see aboveBought Call atSold Put atSold Call atBought Call at

Sold Put stSold Cali atBought Call at

Sold Put atSold Call at

$1.179

($0 320)$1 404

($0.300)$1.080

($0.220)$0.550

($0.100)$0 726

$0.540

$1.310($0.4«)($0.420)$1.508

($0.400)($0.344)$1.230

($0.620)($0.330)

Bought Call at $1.104Sold Put at ($0.230)

Sold Call at ($0,«0)Bought Cse at (Exercised - See Above)Sold Put at ($0.300)Sold Call at ($0.160)Bought Call at (Exercised - See Above)Sold Put at ($0.300)Sold Call st $0.150

70th20th

100th

10th100th

10th100th60th20th100th70&6

20th100th80th10th

100th50th40th20th20th20th20&6

40th

70th

100th70th

100th60th

100th100th100th100th

60th30th

20th20th20&II

40th20th

70&6

100th60th

100th70th

100th100th100th100th

708120th100th80th20th100th70th20th100th

8.0506.10014.XQ

5.50010.000

5.50010.000e.&006 00014.0008.2006.00014.0007.2505.500«0007.1006.8506 0006.0006.0006.0006 250

8.350

15.0008.250

14 0006.950

«.0009.40014.0007.950

7.3006 750

6.0006.0006,0006.2506.0005.5935.5935.5935.5935.5938.700

14 0008.300

14.5007.150

12.00010.00015.0008.150

7.050

8.6506 00014.0008.4006.00015.0007.2006.00012.000

10%&P%

10%

20%20%

20%2&P%%d

10'Yo

10%%uo

10'/o

10'/o

10%10%4P%40%40o/o

40'/o

40%10/o&P%1 &P/o

20%%uo

10'/o

10%

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10'/o

10/o10'/o

&P%

10%10%10'Yo

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10%%

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10'/o

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10%

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&P%

10%10%

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10%10%10%

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&P%1Q'/o

10%10'Yo

10%10'/o

10'/o

20o%%d

4P%

60'k

1P%

20'Yo

SP%

10&P/o

10%20'Yo

30%100%50%

10'/o

20%

30%

4P%

50%

80%

100'Yo

&P%

20%

30%%uo

4P%

50'/o

100'Yo

10%

20%

30%

12/1/200612/1/200612/1/2006

1/3/20071/3/20071/3/20071/4/20071/4/20071/4/2007

11/6/200611/6/2006«/6/200612/1/200612/1/200612/1/2006

I/4/20071/4/20071/4/2007

6/25/20076/25/20077/26/20077/26/20077/26/20077/26/20077/26/20077/26/20077/26/200711/6/2006

«/6/200612/1/2X6

12/1/20061/4/2007

1/4/20072/1/20072/1/20073/1/2007

6/26/20076/29/2007

«/3/200612/1/2006

1/4/20073/1/2007

6/29/20078/28/20078/28/20078/28/20078/28/20078/28/2007« /3/200611/3/200611/3/200612/1/200612/1/200612/1/2006

1/4/20071/4/20071/4/20072/1/20072/1/20073/1/20073/1/2007

6/29/20076/29/20071 1/3/20061 1/3/20061 1/3/200612/1/200612/1/200612/1/2006

1/4/20071/4/20071/4/2007

54545454545454545454545555555555555555

5555

5555

55555555

5555

5858585858

58585858585858585858585858se58878787878787878787

Oct-07- EXPIREDOct-07- EXPIREDOct-07 - EXPIREDOct-07 - EXPIREDOct-07- EXPIRED

Oct-07- EXPIREDOct-07 - EXPIREDNov-07- EXPIREDNov-07 - EXPIREDNov-07 - EXPIREDNov-07- EXPIREDNov-07- EXPIREDNov-07 - EXPIREDNov-07 - EXPIREDNov-07 - EXPIREDNov-07- EXPIREDNov-07- EXPIREDNov-07- EXPIREDNov-07- EXPIREDDec-07- EXPIREDDec-07 - EXPIREDDec-07 - EXPIREDDec-07- EXPIREDDec-07- EXPIREDDec-07- EXPIREDDec-07- EXPIREDDec-07 - EXPIREDDec-07 - EXPIREDDec-07 - EXPIREDDec-07 - EXPIREDDec-07 - EXPIREDDec-07 - EXPIRED

4343888

22221616161616141410101010101010101030301919

Ca«Spread

3-Way

Ca«Spread

3-Way

Collar

3-Way

Collar

Collar

3-Wsy

3-Way

3-Way

Collar

Collar

Bought Call atSold Call AtBought Call at

Sold Put atSold Call at

Bought Call atSold Call At

Bought Call atSold Put atSold Call atBought Call atSold Put atBought Cse atSold Put stSold Call stBought Call atSold Put atBought Cell atSold Put atBought Call stSold Put atSold Call stBought Call stSold Put atSold Call atBought Call atSold Put atSold Call stBought Call atSold Put atBought Call atSold Put at

$1.000($0 240)$0 920

($0.320)($0.160)

$0 420$0 140$1.120

($0.350)($0 450)$0 794

($0.480)$0.860

($0.370)($0 190)$0.565

($0.300)$0.040$0.053$1.030

($0.160)($0.390)$1.055

($0.270)($0.330)$0.900

($0.310)($0 260)$0 530

($0 220)$0.540

($0.260)

100th100th100th40th100th

100th100th80th10th

100&6

70th20th40th10th90th40th10th80th10th90&6

30th100th80th20th

90th808120th100th80th10th60th20th

8.60013 0008 0506.25013.000

8 450«0009.4005.50014.0008 1506.8007.3506.000«.0007.3005.8009.1506.25010.2507.00013 5008.6006.70012.0008.7506.75012.2508.6006.3007.9506.350

&P%

10%10%10'Yo

1 0'/o

5P%50%10'/o

1 IY/o

10'Yo

30'Yo

30%20%2(Pk20%20ok

20%20%20'Yo

10%10%10%10%10o/o

10'/o

10'/o

1 (F/o

10%30%30'/o

20%20'Yo

40%

5P%

100%

1Q%

40%

80%

I PPok

1 po%%d

20%

3&P/o

60%

80/o

2/1/20072/1/20073/1/20073/1/20073/1/2007

6/29/20076/29/20079/22/20069/22/20069/22/2006

7/2/20077/2/2007

7/25/20077/25/20077/25/2007N23/20078/23/200710/3/200710/3/20076/5/20076/5/20076/5/20077/3/20077/3/20077/3/20078/1/20078/1/20078/1/2007

8/23/20078/23/2007

9/4/20079/412007

8787878787

878776767676767676767676767699999999999999999999999999

GQGasAccouneng&GABAcc&DEFERRED-carolinas&2009&Monthly Hedging Acct Reports-Filed-sc'iHedging position and Mant-to-Market ss of December 31, 2008

Jun-07-ExpiredJun-07- Expired

Jun-07 - Expired

Jun-07 - Expired

Jun-O7 - Expired

Jura07 - Expired

Jun-07 - Expired

Jun-07 - Expired

Jun-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 -Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Jul-07 - Expired

Aug-07 - Exercised

Aug-07 - Exercised

Aug-07 - Exercised

Aug-07 - Exercised

Aug-07 - Exercised

Sold Futures

Sold Futures

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 ° EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Aug-07 - EXPIRED

Sep-07 - EXERCISED

Sep-07 - EXERCISED

Sep-07 - EXERCISED

Sep-07 - EXERCISED

Sap-07 - EXERCISED

SOLD FUTURES

SOLD FUTURES

SOLD FUTURES

SOLD FUTURES

SOLD FUTURES

Sap-07 - EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Sap-07 - EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Sap-07- EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Sep-O7 - EXPIRED

Sep-07 - EXPIRED

Sep-07 - EXPIRED

Oct-07 o EXPIRED

6

6

6

13

13

14

14

5

5

5

6

6

6

21

21

21

22

22

5

6

6

11

6

26

6

5

5

6

6

6

6

5

5

6

16

11

Bought Call at $1.104 70th


Sold Call at ($0.110) 100th

Bought Call at (Exercised - See Above)



Bought Call at (Exercised - See Above)


Sold Call at ($0.150) 100thBought Call at $0.919 60th







3-Way Sold Put at ($0.350) 1Oth


Collar Bought Call at $0.020 50th

Sold Put at ($0.0201 40th

Put Sold Put at ($0.370) 20th




Put Sold Put at ($0.200) 40thFutures

Futures


3-Way SOLD PUT AT (SEE ABOVE)




Sold Call at ($0.300) 10Oth




CaU Bought Call at $0.540 100th

Spread Sold Call At ($0.080) 100th


SOLD PUT AT (SEE ABOVE)

Call Bought Call at $0.280 60th


SOLD PUT AT (SEE ABOVE)




Sold Put at ($0.250) 4Oth


6

6

5

6

29

6

6

5

6

29

6

6

6

6

5

5

6

6

6

29

9

FUTURES

FUTURES

FUTURES

FUTURES

FUTURES


3-Way Sold Put at (exercised see above)

Sold Call at ($0.320) 1O0th




Bought Call at $1,080 70th



Ca11 Bought Call at $0.550 100th

Spread Sold Call At ($0.100) 100th

Collar Bought Call at $0.726 100thSold Put at (exercised see above)


Sold Put at (exercised see above)

3-Way Bought Call at $1.310 70th

8.050 T 10% 121112006 66

6.100 T 10% 20% 12/112066 66

14.000 T 10% 12/1/2006 66

1/3/2007 66

5.500 T 20% 40% 11312007 66

10,000 T 20% 1/3/2007 66

1/4/2007 66

5.500 T 20% 60% 11412007 66

10.000 T 20% 1/4/2007 66

8.100 T 10% 11/612006 54

6000 T 10% 10% 11/6/2006 54

14,000 T 10% 11/6/2006 54

8.200 T 10% 121112006 54

6.000 T 10% 20% 12/1/2006 54

14.000 T 10% 121112006 54

7.250 T 40% 1/4/2007 54

5.500 T 40% 60% 11412007 54

11.000 T 40% 114/2007 54

7.100 P 40% 100% 612512007 546.850 P 40% 612512007 54

6.000 T 10% 10% 7126/2007 55

6.000 T 10% 20% 7/2612007 55

6.000 T 10% 30% 7/26/2007 55

6.000 T 20% 100% 7/2612007 55

6.250 T 10% 50% 7/2612007 55

7126/2007 55

712612007 55

8.350 T 10% 11/6/2006 55

10%

15.000 T 10% 111612006 55

8.250 T 10°/o 121112006 55

2O%

14.000 T 10% 12/1/2006 55

6.950 T 10% 1/4/2007 553O%

11.000 T 10% 1/4/2007 55

9.400 T 10% 40% 2/112007 5514.000 T 10% 21112007 55

7.950 T 10% 50% 3/1/2007 55

7.300 P 30% 80% 6126/2007 55

6.750 P 20% 100% 6/2912007 55

6.000 T 10% 11/3/2006

6.000 T 10% 12/1/2006

6.000 T 10% 114/2007

6.250 T 10% 311/2007

6.000 P 50% 612912007

5.593 8/28/2007

5,593 8/2812007

5.593 8/2812007

5.593 8/28/2007

5.593 8/28/2907

8.700 T 10% 111312006

10% 11/312006

14.000 T 10% 11/3/2006

8.300 T 10% 12/1/2006 58

20% 12/1/2006 58

14.500 T 10% 12/1/2006 58

7.150 T 10% 1/4/2007 58

30% 114/2007 58

12.000 T 10% 114/2007 58

10.000 T 10% 40% 2/112007 5815.000 T 10% 2/1/2007 58

50% 311/2007 583/1/2007 68

100% 6/2912007 586/2912007 58

8.150 T 10%

7.050 P 50%

56

58

58

58

58

8.650 T 10% 10% 11/312006 87Oct-07 - EXPIRED

Oct-07 - EXPIRED

Oct-07- EXPIRED

Oct-07 - EXPIRED

Oct-07 - EXPIRED

Oct-07 - EXPIRED

Oct-07- EXPIRED

Oct-07 - EXPIRED

Oct-07 - EXPIRED

Oct-97 - EXPIRED

Oct-07 - EXPIRED

Oct-07 - EXPIRED

Oct-07 - EXPIRED

Oct-07- EXPIRED

Oct-g7 - EXPIRED

Sold Put at ($0.411) 20th 6.000 T 10%

Sold Call at ($0.420) 1O0th 14.000 T 10%

3-Way Bought Call at $1,506 80th 8.400 T 10%

Sold Put at ($0,400) 20th 6.000 T 10%

Sold Call at ($0.344) 100th 16.000 T 10%

3-Way Bought Call at $1,230 70th 7.200 T 10%

Sold Put at ($0.620) 20th 6.000 T 10%

Sold Call at ($0,330) 100th 12,000 T 10%

Call

Spread Bought Call at $1.000 100th 8.600 T 10%

Sold Call At ($0,240) 100th 13,000 T 10%

3-Way Bought Call at $0,920 100th 8,050 T 10%

Sold Put at ($0.320) 40th 6.250 T 10%

Sold Call at ($0.160) 100th 13.000 T 10%Call

Spread Bought Call at $0,420 100th 8,450 P 50%

Sold Call At _$0.140) 100th 11.000 p 50%

Bought Call at $1.120 80th 9.400 P 10%

3-Way Sold Put at ($0.350) 10th 5.500 P 10%

Sold Call at ($0,450) 100th 14.000 P 10%

Collar Bought Call at $0,794 70th 8,150 p 30%

Sold Put at ($0,480) 20th 6,800 p 30%

Bought Call at $0,860 40th 7.350 P 20%

3-Way Sold Put at ($0.370) 10th 6.000 p 20O_

Sold Call at ($0,190) 90th 11.000 P 20%

Collar Bought Call at $0,565 40th 7.300 P 20%

Sold Put at ($0.300) 10th 5.800 P 20%

Collar Bought Call at $0,040 80th 9,150 T 20%

Sold Put at ($0,0531 10th 6.250 T 20%

Bought Call at $1,030 90th 10.250 T 10%

3-Way Sold Put at ($0.160) 30th 7,000 T 10%

Sold Call at ($0.390) 100th 13.500 T 10%

Bought CaU at $1.055 80th 8.600 T 10%

3-Way Sold Put at ($0.270) 20th 6.700 T 10%

Sold Call at ($0.330) 90th 12.000 T 10%

Bought Call at $0.900 80th 8.750 T 10%

3-Way Sold Put at ($0.310) 20th 6.750 T 10%

Sold Call at ($0.260) 100th 12.250 T 10%

Collar Bought Call at $0.530 80th 8.600 P 30%

Sold Put at ($0.220) 1001 6.300 P 30%

Collar Bought Call at $0.540 60th 7.950 T 20%

Sold Put at ($0.260) 20th 6.350 T 20%

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-07 - EXPIRED

Nov-O7 - EXPIRED

Nov-07- EXPIRED

Dec-07. EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07. EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Dec-07 - EXPIRED

10

10

10

10

10

10

10

10

10

30

30

19

19

111312006 87

11/3/2006 87

20% 121112006 87

121112066 87

12/1/2006 87

30% 11412007 87

1/4/2007 87

1/4/2007 87

40% 2/112007 ' 87

2/112007 87

50% 3/1/2007 87

3/1/2007 87

3/1/2007 87

100%6129/2007 87

6/2912007 87

9122/2006 76

10% 9/22/2006 76

912212006 76

40% 7/212007 767/2/2007 76

7/25/2007 76

60% 7/25/2007 76

712512007 76

60% 8/23/2007 76812312007 76

100% 10/312007 7610/3/2007 76

6/512007 99

10% 6/5/2007 99

61512007 99

7/3/2007 99

20% 7/312007 99

7/3/2007 99

811/2007 99

300/0 6/112007 99

8/1/2007 99

60% 812312007 998/2312007 99

80% 91412007 999/4/2007 99

G:\GasAccounUng_GASACC_DEFERRED-Carolinas_2009'tMonthly Hedging Acct Repods-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2006

Dec-07 - EXPIREDDec-07 - EXPIREDJan - 08 - EXPIREDJan-08- EXPIREDJan-08- EXPIREDJsn - 08- EXPIREDJan - 08- EXPIREDJan-08- EXPIREDJan-08- EXPIREDJan - 08- EXPIREDJan - 08 - EXPIREDJsn - 08- EXPIREDJan - 08- EXPIREDJan - 08- EXPIREDJan-08- EXPIREDFeb-08- EXPIREDFeb-08- EXPIREDFeb - 08- EXPIREDFeb - 08- EXPIREDFeb - 08- EXPIREDFeb - 08- EXPIREDFeb - 08 - EXPIREDFeb - 08 - EXPIREDFeb - 08 - EXPIREDFeb - 08- EXPIREDFeb- 08- EXPIREDFeb-08 (EXERCISED)Sold FuturesFeb- 08- EXPIREDFeb - 08- EXPIREDMAR - 08- EXPIREDMAR - 08- EXPIREDMAR - 08 - EXPIREDMAR - 08 (EXERCISED)Sold Futures

MAR - 08- EXPIREDMAR - 08- EXPIREDMAR-08- EXPIREDMAR - 08- EXPIREDMAR - 08- EXPIREDMAR - 08 (EXERCISED)Sold Futures

MAR - 08- EXPIREDMAR - 08- EXPIREDMAR - 08 (EXERCISED)Sold Futures

MAR - 08- EXPIREDMAR - 08- EXPIREDMAR - 08 (EXERCISED)Sold Futures

MAR - 08- EXPIREDMAR - 08- EXPIREDAPR - 08- (EXERCISED)Sold Futures

APR - 08- EXPIREDAPR - 08- (EXERCISED)Sold Futures

APR - 08 - EXPIREDAPR - 08- EXPIREDAPR - 08- (EXERCISED)Sold Futures

202011111111111111111154542222g

99888999

42421717

17

66777

2020

20201313

13131313

13131212

121212

121266

Collar

3-Wsy

3-Way

3-Way

Collar

Collar

3-Way

3-Way

3-Way

Collar

FuturesCall

S read

3-Way

Futures

3-Way

3-Way

Futures

3-Wsy

Futures

3-Wsy

Futures

3-Way

Collar

3-Way

Calls

Bought Call at $0.580Sold Put at $0.120

$1.185($0.160)($0.550)$1 100

($0.200)($0.350)$0.946

($0.285)($0.285)$0.670

($0.200)$0 395$0 080

Bought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call stSold Put atBought Call atSold Put atBought CallSold Put atSold Cse atBought CallSold Put atSold Call atBought Call

Sold Put atSold Catt atBought CellSold Put atBought Cell

at

at

at

at

$1 350($0 200)($0 870)$1.340

($0.250)($0.550)$1.006

($0.270)($0.360)$0.720

($0.250)$0 425

Bought Call at (Exercised - see abave)Sold Cse at $0.100Bought CallSold Put atSold Call atBought Call

at

at

$1.400($0.220)($0.700)$1.335

Bought CallSold Put atSold Call atBought CseSold Put atSold Call atBought Call

at (Exercised - see above)($0.330)(fi0.450)

at $1.020($0 260)($0.420)

at $0.960

Bought Call at (Exercised - see above)Sold Put at ($0 340)Sold Cell st ($0.160)Bought Cell at $0.800

Bought Call st (Exercised - see above)Sold Put at ($0.240)Sold Call at $0.120

$0.543Bought CallFUTURESBought CseSold Put atBought CallFUTURESBought CallSold Put atSold Call stBought Cell

FUTURESBought Call

at

at (Exercised - see above)($0 250)

st $0.500

at (Exercised - see above)($0.100)($0.120)

at $0.550

at (Exercised - see above)

Bought Call at (Exercised - see above)Sold Put at ($0.300)Sold Call at ($0.200)Bought Call at $0.950

60th20th90th30th100&II

80th20th

1 00th90th20th100th70th20th70th30th90th30th100&II

80th20th900190th2081100th70th20th60th


2081100&II

90th10th

100th60th

10th100th50th

10th100th50th

208190th

10th70th

10th100&II

100th

7.9506.70010.5007.00013.5009.0506.50013.0009.4506.75013.5008 4006.4508 4007 00010.4507 00013.5008.7006.50012.0009.5506.50013.5008.5006.4508.0008.101

10.10010.2506.75013.500e eeo9.206

6.50013.1009.7506.25013.5007.9509 206

6.25012.5007.8009.206

6.35013 0007.7509.206

6.40012.0008.1009.572

6 0007 7009 572

6.00010.0009.2509.572

2&P/o

20%10'k10'/o

11P/o

1(YYo

10'k10%1 or/o

10'/o

1 o%%uo

BP%5P%20%20ok10'/o

1P%10%10'Yo

10%10'/o

10%&P%

10%5&P/o

Btpk20ok

20'/o

10%&P%

10%10'Yo

10ok

&P%

10%10%10%30'k

30'Yo

30%20%

20ok

20%20%

20%20ok

20ok

20%20%%uo

20'Yo

20ok

10%

&PP%

&P%

30%

80%

100'/o

10%

20%

30%

Bp%%uo

1 PPok

10%

20%

30o/o

60'k

80 /o

I PP%

20%

4P%

BP%

10/3/200710/3/20076/5/20076/5/20076/5/20077I2I20077/2/20077/2/20078/1/20078/1/20078/1 /20079/6/20079/6/2007

11/26/200711/26/2007

6/5/20076/5/20076/5/20077/2/20077I2I2007TI2I20078/1/20078/1/20078/1/20079/6/20079/6/2007

11/30/20071/28/2008

11/30/20076/5/20076/5/20076/5/20077/3/2007

2/26/2008

7/3/20077/3/20078/1/20078/1/20078/1/2007

8/23/20072/26/2008

8/23/20078123/2007

9/4/20072/26/2008

9I4/20079/4/2007

10/23/20072/26/2008

10/23/20071 0/23/2007

8/29/20073/26/2008

8/29/200712/6/20073/26/2008

12/6/200712/6/2007

3/3/20083/26/2008

99991091091091091091091091091091091091091098585858585ee8585858585858585856666666666666666666666666666666668666666666666666666616161616161616161616161

Report Date:

MonthMay-08 - OFFSETMay-08 - OFFSETMay-08-OFFSETMay-08 - OFFSETMay-08 - OFFSETMay-08 - OFFSETMay-08 - OFFSETMsy-08 - OFFSETMay-08 - OFFSETMay-08 - OFFSETMay-08 - OFFSETMay-08 - OFFSETMAY-08- (EXERCISED)Sold FuturesMAY-08- (EXERCISED)Sold FuturesMAY-08 - (EXERCISED)Sold FuturesMAY-08- EXPIREDMAY-08- EXPIREDMAY-08- EXPIREDMay-08- EXERCISEDBOUGHT FUTURESJUN - 08- (EXERCISED)Sold Futures

Jun-08JUN - 08- (EXERCISED)

JUN - 08- (Option Assigned)

Jun-08JUN - 08- (EXERCISED)Sold Futures

1V31/200$

8 Contracts333333999999121212126612121255

7191919191977

3-Way

3-Way

3-Way

3-Way

Collar

3-Way

Calls

Collar

3-Way

FUTURES

Call

Spread

3-Way

Calls

ToolBought Call (OFFSET)Sold Put (OFFSET)Sold Call (OFFSET)Sold Call (OFFSET)Bought Put (OFFSET)Bought Call (OFFSET)Bought Call (OFFSET)Sold Put (OFFSET)Sold Call (OFFSET)Sold Call (OFFSET)Bought Put (OFFSET)Bought Call (OFFSET)Bought Call atFUTURESBought Call atFUTURESBought Cse atFUTURESSold Put atSold Put atSold Call atSold Call at

SC Hed In Position Re rtAs of: 1V31/200$

PurchasePrice Price GDI

$0.690($0 270)($0.130)($0.660)$0.240$0.120$0.690

($0.270)($0.130)($0 700)$0.250$0.150$0.613

fi0.430

$0 545

($0.320)($0.070)($0.070)($0.070)

$0.430atBought Call

FUTURESBought CallSold Call atBought Call

Bought Call

Sold Catt atSold Call atSold Put atBought CallFUTURESBou htCae

(Optton Assigned)($0.100)$0 564at

at Exercised - see above

at (Exerctsed - see above)($0.100)

at $0.492at (Exerctsed - see above)

($0.100)

9/4/20079/4/20079/4/20079/7/20079/7/20079/7/20079/4/20079/4/20079/4/2007

9/10/20079/10/20079/10/20078/30/20074/25/200812/7/20074/25/2008

3/3/20084/25/20088/30/200712/7/2007&2/7/20074/28/20084/28/2008

7.6506.00011.0007.6506.00011.0007.6506.00011.0007 6506 00011.0007.95010.9638.10010 9639.70010.9636.2505.50011.00011.00010 990

70th20th100th70th20th100th70th20th100th70th20th1000190th

61616161616161616181616161616161616161e&

616161

20%20%%uo

40'k20%%uo

50%10%100th

20%20%%uo

20%20%

20&II

10th100th1 00th

100th

1008180th

100th

10th100th

9 90011.801

13.0008.250

11.000

5 50010.10011.801

&P%

10'/o

30'/o

30%

30o/o

&P%

10%%uo

40%

50%

1 1/5/20075/27/2008

11/5/200712/7/20075/27/200812/7/2008

12/7/20073/3/2008

5/27/2008

Strike/Ceiling/Fl Price/Tl Cummulatlve Max 8Decile oor me % Covers Covers Trade Data Contracts

JUL - 08- (EXERCISED)Jul-08

Call

SpreadBought Call atSold Call at

$0.465($0 130)

1¹h100th

9.85013.000

10'k10%

&P%11/5/200711/5/2007

G:&Gaskccounting&GASACC&DEFERRED-Caroenas&2009&Monthly Hedging Acct Reports-Filed-SO&Hedging position snd Mark-to-Market as of December 31, 2008

Dec-07 - EXPIRED

Dec-07 - EXPIRED

Jan - 08 - EXPIRED

20 Collar Bought Call at $0.580 60th 7.950 T20th 6.700 T20 Sold Put at ($0.120 /

11 Sought Call at $1.185 90th 10.500 T

11 3-Way Sold Put at ($0.160) 30th 7.000 T

11 Sold Call at ($0.550) 100th 13.500 T



11 Bold Call at ($0.350) 100th 13.000 T



11 Sold Call at ($0.285) 100th 13.500 T

54 Collar Sought Cal_ at $0.670 70th 8.400 T

54 Sold Put at ($0.200) 20th 6.450 T

22 Collar Bought Call at $0.395 70th 8.400 P22 Sold Put at ($0.080) 30th 7.000 P



9 Sold Call at ($0.670) 100th 13.500 T

8 Sought Call at $1,340 80th 8.700 T


8 Sold Call at ($0.550) 90th 12.000 T



9 Sold Call at ($0.360) 100th 13.500 T

42 Collar Sought Call at $0.720 70th 8.500 T42 Sold Put at ($0.250) 20th 6.450 T

17 Sought Call at $0,425 60th 8.000 P

17 Futures 8,101

Call Bought Call at (Exercised - see above)

17 Spread Sold Call at ($0.100) 90th 10.100 P

7 Sought Call at $1,400 90th 10,250 T

7 3-Way Sold Put at ($0,220) 30th 6.750 T

7 Sold Call at ($0,700) 100th 13.500 T

6 Bought Call at $1.335 80th 8,650 T

6 Futures 9.2G6

Sought Call at (Exercised - see above)


6 Sold Call at ($0.450) 100th 13.100 T



7 Sold Call at ($0.420) 100th 13.500 T

20 Sought Call at $0.960 60th 7.950 P

20 Futures 9.206

Sought Call at (Exercised - see above)

20 3-Way Sold Put at ($0.300) 10th 6.250 P

20 Sold Call at ($0.200) 100th 12.500 P

13 Bought Call at $0.950 50th 7.800 T

13 Futures 9.206

Bought Call at (Exercised - see above)


13 Sold Call at ($0.160) 100th 13.000 T

13 Sought Call at $0.800 50th 7.750 P

13 Futures 9.206


13 3-Way Sold Put at ($0.240) 20th 6.400 P

13 Sold Call at ($0.120) 90th 12.000 P

Jan - 08 - EXPIRED

Jan - 06 - EXPIRED

Jan - 05 - EXPIRED

Jan - 08 - EXPIRED

Jan - 08 - EXPIRED

Jan - 08 - EXPIRED

Jan - 08 - EXPIRED

Jan - 08 * EXPIRED

Jan - 08 - EXPIRED

Jan - 08 - EXPIRED

Jan - 08 - EXPIRED

Jan - 08 - EXPIRED

Feb * 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 05 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

Feb-08 (EXERCISED)

Sold Futures

Feb - 08 - EXPIRED

Feb - 08 - EXPIRED

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED

MAR - 08 (EXERCISED)

Sold Futures

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED


Sold Futures

MAR - 06 - EXPIRED

MAR - 08 - EXPIRED


Sold Futures

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED


Sold Futures

MAR - 08 - EXPIRED

MAR - 08 - EXPIRED

APR - 08 - (EXERCISED)

Sold Futures

Ap_ _ nR _ pYpl_r_


Sold Futures

APR - 08 - EXPIRED

APR - 06 - EXPIRED


Sold Futures

12 Bought Call at $0.543 90th 8.100 P

FUTURES 9.57212 Collar

Bought Call at (Exercised - see above)12 _nld Put at ($0.250_ 1001 6.000 P

12 Bought Call at $0.500 70th 7,700 T

12 FUTURES 9,572

3-Way Bought Call at (Exercised - see above)

12 Sold Put at ($0.100) 10th 6.000 T

12 Sold Call at ($0,120) 100th 10.000 T


6 Calls FUTURES 9.572


20%

20%1O0%

10/3/2007

10/3/2007

10% 61512007

10% 10% 6/512007

10°/o 6/512007

10% 71212007

10% 20% 7/2/2007

10% 7/2/2007

10% 8/1/2007

10% 30% 8/1/2007

10% 811/2007

50% 80% 9/6/200750% 91612007

20% 100% 11/26/200720% 11/26/2007

99

99

109

109

109

109

109

109

109

109

109

109

109

109

109

10% 615/2007 85

10% 10% 6/5/2007 85

10% 6/5/2007 85

10% 71212007 85

10% 20% 7/212007 85

10% 7/2/2007 85

10% 8/1/2007 85

10% 30% 8/1/2007 85

10% 8/1/2007 85

50% 80% 9/612007 8550O,_ 9/612007 85

20% 1113012007 85

100% 1/28/2008 8585

20% 11/30/2007 85

10%

10% 10%

10%

10%

2O%

10%

10%

1 O%

10% 30%

10%

30%

60%

30%

30%

20%

8O%

20%

20%

20%

100%

20%

20%

615/2007

6/5/2007

615/2007

7/312007

2/26/2008

71312007

7/312007

81112007

8/1/2007

8/112007

8/2312007

2/26/2008

8123/2007

8/23/2007

91412007

2/2612008

9/4/2007

9/4/2007

10/23/2007

2/26/2008

1012312007

10/23/2007

812912007

3/2612008

8/29/2007

12./6/2007

3/2612008

12/6/2007

12/612007

3/312008

3/26/2008

2O%

2O%

2O%

20%

40%

20%

20%

10%

50%

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

61

61

61

61

61

61

61

61

61

61

61

61

Report Date:

Month

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

May-08 - OFFSET

MAY-08 - (EXERCISED)

Sold Futures

MAY-08 - (EXERCISED)

Sold Futures

MAY*08 - (EXERCISED)

Sold Futures

MAY-08 - EXPIRED

MAyo08 - EXPIRED

MAY-08 - EXPIRED

May-08 - EXERCISEDBOUGHT FUTURES

JUN - 08 - (EXERCISED)

Sold Futures

Jun-08


JUN - 08 - (Option Assigned)

Jun-08


Sold Futures

JUL - 08 - (EXERCISED)

Jul-08

SC .I.___gt_g position Report

12/3112008 As of: 1 2/3112008

Purchase Stdke/Ceiling/FI Price/T1

• Contracts Tool Pdce Pdce (GDI) Oeclle oor me

3 Sought Call (OFFSET) $0.690 70th 7,650 P

3 3-Way Sold Put (OFFSET) ($0,270) 20th 6.000 P

3 Sold Call (OFFSET) ($0.130) 100th 11.000 P


3 3-Way Bought Put (OFFSET) $0.240 20th 6.000 P

3 Bought Call (OFFSET) $0.120 100th 11.000 P


9 3-Way Sold Put (OFFSET) ($0.270) 20th 6.000 P



9 3-Way Bought Put (OFFSET) $0.250 20th 6.000 P


12 Collar Bought Call at $0.613 90th 7.950 P12 FUTURES 10.963

12 3-Way Bought Call at $0.430 90th 8.100 T12 FUTURES 10.963

6 Calls Bought Call at $0.545 100th 9.700 T6 FUTURES 10.963

12 Collar Sold Put at ($0.320) 20th 6.250 P

12 3-Way Sold Put at ($0.070) 10th 5.500 T12 Sold Call at ($0.070) 100th 11.000 T

5 Bold Call at ($0.070) 100th 11.000 T

5 FUTURES 10.990


7 Call FUTURES 11.801

Spread Bought Call at (Exercised - see above)

7 Sold Call at ($0.100) 100th 13.000 T

19 Bought Call at $0.492 80th 8.250 P

19 Bought Call at (Exerc3sed - see above)

19 3-Way Sold Call at ($0.100) 100th 11.000 P

19 Sold Call at (Option Assigned)

19 Sold Put at ($0.100) 10th 5.500 P


7 Calls FUTURES 11.801

Bouaht Call at (Exercised - see above)

5 Call Bought Call at $0.465 100th 9.850 T

5 Spread Sold Call at ($0.130) 100th 13.000 T

% Cowrage

20%

20%

10%

20%

2O%

2O%

20%

20%

40%

50%

10%

10%

10%

30%

30% 40%

30%

10%5O%

10%

10%10%

Trade Date

9/4/2007

914/2007

914/2007

9/7/2007

9/712007

9/712007

9/4/2007

9/4/2007

914/2007

9/10/2007

9/10/2007

9110/2007

8/3012007

4/2512008

12/7/2007

412512008

3/3/2008

4/2512008

8/3012007

12/7/2007

12/7/2007

4/28/2008

4/28/2008

111512007

5/27/2008

11/5/2007

12/7/2007

5/2712008

12/712008

12/7/2007

313/2008

512712008

1115/2007

1115/2007

Max it

Contracts

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

61

66

66

66

66

66

66

66

66

66

54

54

G:\GasAccounting\GASACC_DEFERRED-Carolinas_2009_Monthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

JUL - 08- (EXERCISED)Jul-08JUL - 08 - (Option Assigned)JUL - 08- (EXERCISED)Sold Futures

JUL - 08 - (Option Assigned)JUL -08- (EXERCISED)JUL -08-(EXERCISED)Sold Futures

56511

3-Way

CallSpread

CallsCalls

Bought CsgSold Put atSold Call atBought Call

FUTURESBought Cell

Sold Call atBought Call

Bought Call

FUTURESBou ht Call

at

$0.530($0.130)($0.100)$0.555

st Exercised- see above

at (Exerased - see above)($0.060)

at $0.345at $0.550

80th10th90th90th

100th100th100th

8.5505.75012.0008.35012.700

11.5009.00010 45012.753

t(P/o

10'/o

10%

1 pok

10'Yo

10%

20ok

30%

40%50%

12/6/200712/6/200712/6/2007

I/4/20086/25/2008

1/4/20082/1/20083/3/2008

6/25/2008

5454545454

Aug - 08 OFFSETAug - 08 OFFSETAug - 08 OFFSETAug - 08 OFFSETAug -08 ExpiredAug - 08 ExpiredAug - 08 - (EXERCISED)Sold FuturesAug - 08 ExpiredAug - 08 - (EXERCISED)Sold FuturesAug - 08 ExpiredAug - 08 - (EXERCISED)Sold FuturesAu -08 Ex ired

Sept - 08 OFFSETSept-08 OFFSETSept-08 OFFSETSept-08 OFFSETSept -08 ExpiredSept -08 ExpiredSept -08 Expired

Sept -08 ExpiredSept -08 Expired

Sept -08 ExpiredSept -08 ExpiredSept -08 ExpiredSept -08 ExpiredSept -08 ExpiredSe t-08 Ex iredOct-08 OFFSETOct-08 OFFSETOct-08 OFFSETOct-08 OFFSETOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober - 08 ExpiredOctober-08 Ex iredNov-08 (Assigned)Nov-08 (Assigned)Sold FuturesNov-08 ExpiredNov-08 ExpiredNov-08 ExpiredNov-08 ExpiredNov-08 ExpiredNov-08 (Assigned)Nov-08 ExpiredNov-08 (Assigned)Nov-08 (Assigned)Sold FuturesNov-08 ExpiredNov-08 Assi nedDec - 08 - ExpiredDec - 08 - ExpiredDec - 08 - ExpiredDec - 08 - ExpiredDec - 08 - ExpiredDec - 08 - (Assigned)Sold FuturesDec - 08 - ExpiredDec - 08 - (Assigned)Sold FuturesDec - 08 - ExpiredDec - 08 - (Assigned)Sold FuturesDec - 08 - ExpiredDec - 08 - (Assigned)Sold FuturesJan-09Jan-09Jan-09Jan-09Jan-09Jan - 09- ExpiredSold FuturesJan-09Jan-09Jan - 09- ExpiredJan-09Jan - 09- ExpiredSold FuturesJsn-09Jan - 09 - ExpiredSold Futures

6655666655666

292988999g8899988

44448

2331887788

2323303030301010101010101029292920202020202011111111111111323232222254222222

Call

Spread

Calls

Calls

CallSpread

CallsCall

Spread

Collar

CallSpread

CallsCall

Spread

Collar

CallSpread

Call

Spread

Collar

Collar

Collar

CallSpread

CsgSpread

Collar

Collar

Collar

Collar

CallSpread

CallSpread

Collar

3-Wsy

Cogsr

Cogsr

Sold Put atBought Put atSold Put atBought Put atBought Cell stSold Call atBought Call atFUTURESSold Call atBought Cell atFUTURESSold Call atBought Call stFUTURESBou ht Cag atSold Put atBought Put atSold Put atBought Put atBought Call atSold Call atBought Call atSold Call atBought Call atSold Call atBought Call atBought Call atSold Cell atBought Css atSold Put atSold Put atBought Put atSold Put atBought Put atBought Call atSold Csg atBought Call atSold Call stBought Call atSold Call stBought Call atBought Call atSold Css stBought Call atSold Put atSold Put at - (Assigned)Sold Put at - (Assigned)FUTURESBought Call atSold Call atBought Call atSold Call atBought Call atSold Put at (Assigned see aboveBought Call atSold Put at (Assigned see aboveSold Put at - (Assigned)FUTURESBought Call atSold Put at Assi ned see aboveBought Csg stSold Call stBought Call atSold Cell stBought Call atSold Put at (Assigned)FUTURESBought Call atSold Put at (Assigned)FUTURESBought Call atSold Put at (Assigned)FUTURESBought Call atSold Put at (Assigned)FUTURESBought Call atSold Cell atBought Call atSold Call stBought Call atSold Put at (Assigned)FUTURESBought Call atSold Call atSold Put st (Assigned)Bought Call stSold Put at (Assigned)FUTURESBought Call stSold Put st (Assigned)FUTURES

($0.140)$0.004

($0.150)$0.007$0.535

($0.200)$0.580

($0.140)$0.770

($0.150)$0.517

$0.550($0.190)$0.010

($0.215)$0.017$0.620

($0 285)$0 710

($0.220)rip 900

($0 215)$0.485$0.794

($0.230)$0 050$0 060

($0 130)$0.010

($0.230)$0.032$0.960

($0.420)$0 890

($0.300)$0 945

($0 230)$0 490$0.800

($0.240)$0.470$0.120

($0 270)($0.440)

$1.050($0.290)$1.260

($0 270)$0.657

($0 270)' $0800($0 440)($0 200)

$0 527$0 200$1.200

($0.415)$1 430

($0 450)$0 830

($0.240)

$0.800($0 280)

$0.430($0.100)

$0.230($0 250)

$1.367($0 580)$1.680

($0.700)$0.895

($0.260)

$0.820($0.130)($0.150)$0.710

($0.200)

$0.680($0.220)

10th10th10th10th

1 00th1 pptli

I pptli

1008i901ll

1001ll1001li


100th100th100th100th90th100th1001li100th100th90th20th10th10th10th10th


20th

100th100th100th100th80th20th40th20th

0

10th0

100th100th100th100th80th20th

60th10th

40th0

70th0

100th1001li100th100tli80th20tli

60th100th10th30th

0

40th0

5.5005.5006.0006.00010.15013.0008.7009.16312.0008.4009.16312.0008.8509.16311 0005.5005.5006.0006 00010 40013 0008.70012.0008.40012 0009.35010.35014.00011 0007.4504 9004.9005.8005.8009.80013.0008.50012.0008.75013.0009.95011.10015 0009 6507.2508.0008 0006.18614.25020.00014.35020.0009.8008 0008 6508.0006 8006.1867.7506.80014 60020.00014.80020 00010.0008 0006 4819.0007 5006.4818.8006 5006.4819 8007.0506.48114.85020.00015.00020.00010.5008.0005.9129.15014.0007.0008.6007.0005.9128.7007 0505.912

10ok

10%10%

IP%IP%

10%IP%

IP%

10%10'/o

IP%10'/o

IP%10%10'/o

10'/o

10%o

5P%50o/o

10'k10%10'Yo

10'Yo

IP%10%10'k10'/o

10'/o

50%5P%

I P%10'/o

10%10%IP%IP%30'/o

30'/o

40%40%IP%10'Yo

IP%10%IP%1 O'Yo

30%30%

20%20%

20%20%

I P%10%10%10'/o

1P%10%o

30'/o

30'/o

30%20%20ok

20ok

20%

10'Yo

20%

30%

4P%

50%

IP%

20%

30%

40%

50%

100%

10%

20%

30%

4P%

50'k

100%

10'Yo

20%

30%

60%

100%

10'Yo

20%

30%

80%

100'/o

10'Yo

20%

3PYo

SP%

80'k

100'Yo

12/7/20073/12/2008

1/3/20083/12/200811/5/200711/5/200712/7/20077/28/200812/7/2007

I/3/20087/28/2008

I/3/20082/1 /2008

7/28/20083/3/2008

12/8/20073/12/2008

1/3/20083/13/200811/5/200711/5/200712/6/200712/6/2007

I/3/20081/3/20082/1/20083/4/20083/4/20088/5/20088/5/2008

12/7/20073/12/2008

1/3/20083/12/200811/2/200711/2/200712/7/200712/7/2007

1/3/20081/3/20082/1/20083/3/20083/3/20088/5/20088/5/20088/4/2008

8/11/200810/28/2008

6/3/20086/3/20087/2/20067/2/20088/4/20088/4/2008

8/11/20088/11/2008

9/3/200810/28/2008

9/3/20089/3/20086/3/20086/3/20087/2/20087/2/20088/4/20088/4/2008

11/21/20088/20/20086/20/2008

11/21/20089/4/20089/4/2008

11/21/20089/11/20089/11/2008

11/21/20086/3/20086/3/20087/2/20087/2/20088/4/20088/4/2008

12/24/20088/25/20088/25/20088/25/2008

9/3/20089/3/2008

12/24/20089/12/20089/12/2008

12/24/2008

55

55

555555555555555555555558

58

585858585858585858585887

87

87878787878787878787877676

767676767676767676

76769999gg999999

9999

9999

9999

109109109109109109

109109109109109

109109

SC Hedging PlanPosition Report

G IGasAccountingiGASACCIDEFERRED-Csrolinast2009)Monthly Hedging Acct Reports-Filed-SCIHedging Position and Mark-to-Market as of December 31, 2008

JUL - 08 - (EXERCISED)Jul-08

JUL - 08 - (Option Assigned)


Sold Futures

JUL - 08 - (Option Assigned)



Sold Futures

6 Sought Call at $0.530

6 3-Way Sold Put at ($0,130)

6 Sold Call at ($0,100)

5 Sought Call at $0,555

5 Call FUTURES

Spread Sought Call at (Exercised - see above)

5 Sold CaLl at ($0,080)

6 Calls Bought Call at $0.345

5 Calls Bought Call at $0,550

11 FUTURES


80th 8.550 T

10th 5.750 T

90th 12.000 T

90th 8.350 T

12.700

100th 11.500 T

100th 9.000 T

100th 10.450 T

12.753

10%

10% 20%

10%

10%

30%

1 0O/O

10% 40%

10% 50%

12/6/2007

12/6/2007

121612007

11412008

612512008

11412008

2/112008

31312008

612512008

Aug - 08 OFFSET

Aug- 08 OFFSET

Aug - 08 OFFSET

Aug - 08 OFFSET

Aug - 08 Expired

Aug - 08 Expired

Aug - 08 - (EXERCISED)Sold Futures

Aug - 08 Expired

Aug - 08 - (EXERCISED)

Sold Futures

Aug - 08 Expired

Aug - 08 - (EXERCISED)Sold Futures

Aug - 08 Expired

Sept- 08 OFFSET

Sept- 08 OFFSET

Sept- 08 OFFSET

Sept- 08 OFFSET

6 Sold Put at

6 Bought Put at

5 Sold Put at

5 Bought Put at

5 Call Bought Call at

5 Spread Sold Call at

6 Sought Call at6 FUTURES

6 Sold Call at

5 Sought Call at

5 FUTURES

5 Sold Call at

6 Calls Sought Call at

6 FUTURES


6 Sold Put at

6 Sought Put at

5 Sold Put at

5 Sought Put at

6 Call Sought Call at


6 Bought Call at

6 Sold Call at

5 Sought Call at5 Sold Call at

6 Calls Bought Call at

6 Call Bought Call at


29 Collar Bought Call at29 Sold Put at

Sept -08 Expired

Sept -08 Expired

Sept-08 Expired

Sept -08 Expired

Sept-08 Expired

Sept -08 Expired

Sept -08 Expired

Sept -08 Expired

Sept-08 Expired

Sept -08 Expired

Sept *08 Expired

Oct- 08 OFFSET

Oct- 08 OFFSET

Oct- 08 OFFSET

Oct- 08 OFFSET

October - 08 Expired




October. 08 Expired







8 Sold Put at

8 Sought Put at

9 Sold Put at

9 Sought Put at



8 Bought Call at

8 Sold Call at

9 Sought Call at

9 Sold Call at





($0.140)

$0.004

($0.150)

$0.007

$0.535

($0.200)

$0.580

($0.140)

$0.770

($0.150)

$0.517

$0.550

10th 5.500 T

10th 5.500

10th 6.000 T

10th 6.000

100th 10.150 T

100th 13.000 T

100th 8.700 T

9,163

100th 12.000 T

90th 8.400 T

9.163

100th 12.000 T

100th 8.850 T

9.163

100th 11.000 T

10% 10%10%

10%

2O%

10%

10%

30%

10%

10% 40%

10% 50%

12/7/2007

3/12/2008

1/3/2008

3/12/2008

11/5/2007

111512007

12/7/2007

7/2812008

12/7/2007

1/3/2008

7/28/2008

1/3/2008

2/1/2008

7/28/2008

3/312008

($0.190)

$0.010

($0.215)

$0.017

$0.620

($0.285)

$0.710

($0.220)

$0.900

($0.215)

$0,485

$0,794

($0,230)

$0,050

($0.060)

($0.13o)$0.010

($0.230)

$0.032

$0.960

($0,420)

$0.890

($0.300)

$0.945

($0.230)

$0.490

$0.800

($0,240)

$0,470

($0.120)

10th 5.500 T

10th 5.500

10th 6.000 T

10th 6.000

100th 10,400 T 10% 10%100th 13,000 T 10%

100th 8.700 T 10% 20%100th 12.000 T 10%

90th 8.400 T 10% 30%100th 12.000 T 10%

100th 9.350 T 10% 40%

100th 10.350 T 10% 50%100th 14.000 T 10%

90th 11.000 P 50% 100%20th 7.450 P 50%

10th 4.900 T

10th 4.900

10th 5.800 T

10th 5.800

100th 9,800 T 10% 10%100th 13.000 T 10%

100th 8.500 T 10% 20%100th 12.000 T 10%

90th 8.750 T 10% 30%100th 13.000 T 10%

100th 9.950 T 10% 40%

100th 11.100 T 10% 50%100th 15,000 T 10%

70th 9.650 P 50% t 00%20th 7.250 P 50%

12/6/2007

3/12/2008

1/3/2008

3113/2008

111512007

111512007

12/6/2007

12/6/2007

1/3/2008

1/3/2008

2/1/2008

3/4/2008

3/4/2008

8/5/2008

8/5/2008

12/7/2007

3/12/2008

1/3/2008

3/12/2008

11/2/2007

11/2/2007

12/7/2007

12/7/2007

1/3/2008

1/3/2008

21112008

3/3/2008

3/3/2008

8/5/2008

8/512008

Nov-08 (Assigned) 8 Sold Putat- (Assigned) ($0.270) 20th 8,000 T 8/4/2008

Nov-08 (Assigned) 23 Sold Put at- (Assigned) ($0.440) 20th 8.000 P 8/11/2008Sold Futures 31 FUTURES 6.186 1012812008

Nov-08 Expired 8 Call Bought Call at $1.050 100th 14.250 T 10% 10% 6/312008

Nov-08 Expired 8 Spread Sold Call at ($0.290) 100th 20.000 T 10% 6/312008

Nov-08 Expired 7 Call Sought Call at $1.260 100th 14.350 T 10% 20% 7/2/2006Nov-08 Expired 7 Spread Sold Call at ($0.270) 100th 20.000 T 10% 7/2/2008

Nov-08 Expired 8 Collar Bought Call at $0.657 80th 9.800 T 10% 30% 8/4/2008Nov-08 (Assigned) 8 Sold Put at (Assigned see above ($0.270) 20th 8.000 T 10% 8/4/2008

Nov-08 Expired 23 Collar Bought Call at ' $0.800 40th 8.650 P 30% 60% 8/11/2008Nov-08 (Assigned) 23 Sold Put at (Assigned see above ($0.440) 20th 8000 P 30% 8/11/2008

Nov-08 (Assigned) 30 Sold Put at- (Assigned) ($0.200) 0 6.800 P 9/3/2008

Sold Futures 30 FUTURES 6.186 10/28/2008

Now08 Expired 30 Collar Bought Call at $0,527 10th 7.750 P 40% 100% 9/3/2008

Nov-08 (Assigned) 30 Sold Put at (Assigned see abov_ ($0.200) 0 6.800 P 40% 9/3/2008

Dec - 08 - Expired 10 Call Sought Call at $1,200 100th 14,600 T 10% 10% 61312008

Dec - 08 - Expired 10 Spread Sold Call at ($0.415) 100th 20.000 T 10% 6/3/2008

Dec- 08 - Expired 10 Call Bought Call at $1,430 100th 14.800 T 10% 20% 7/2/2008Dec * 08 - Expired 10 Spread Sold Call at ($0.450) 100th 20.000 T 10% 7/212008

Dec - 08 - Expired 10 Collar Bought Call at $0.830 80th 10.000 T 10% 30% 81412008Dec - 08 - (Assigned) 10 Sold Put at (Assigned) ($0,240) 20th 8.000 T 10% 81412008Sold Futures 10 FUTURES 6.481 1112112008

Dec - 06 - Expired 29 Collar Sought Call at $0,800 60th 9.000 P 30% 60% 3/2012008Dec - 08 - (Assigned) 29 Sold Put at (Assigned) ($0,280) 10th 7,500 P 30% 6/2012008

Sold Futures 29 FUTURES 6,481 11/2112008

Dec - 08 - Expired 20 Collar Sought Call at $0.430 40th 8.800 T 20% 80% 91412008Dec - 08 - (Assigned) 20 Sold Put at (Assigned) ($0.100) 0 6.500 T 20% 91412008

Sold Futures 20 FUTURES 6.481 11121/2008

Dec ° 08 - Expired 20 Collar Sought Call at $0,230 70th 9,800 P 20% 100=/o 911112008

Dec - 08 - (Assigned) 20 Sold Put at (Assigned) ($0,250) 0 7.050 P 20% 9/11/2008

Sold Futures 20 FUTURES 6.481 1112112008

55

55

55

55

55

55

55

55

55

55

55

55

55

58

58

58

58

58

58

58

58

58

58

58

58

58

87

87

87

87

87

87

87

87

87

87

87

87

87

76

76

76

76

76

76

76

76

76

76

76

76

76

99

99

99

99

99

99

99

99

99

99

99

99

Jan-09

Jan-09

Jan-09

Jan-09

Jan-09

Jan - 09 - Expired

Sold Futures

Jan-09

Jan-09

Jan - 09 - Expired

Jan-09

Jan - 09 - Expired

Sold Futures

Jan-09

Jan - 09 - Expired

Sold Futures

11 Call Bought Call at $1.367 100th 14.850 T 10%

11 Spread Sold Call at ($0.580) 100th 20,000 T 10%

11 Call Bought Call at $1.680 100th 15.000 T 10%

11 Spread Sold Call at ($0.700) 100th 20.000 T 10%

11 Bought Call at $0.895 80th 10.500 T 10%

11 Collar Sold Put at (Assigned) ($0.260) 20th 8.000 T 10%

11 FUTURES 5.912

32 Bought Call at $0.820 60th 9.150 P 30%

32 3-Way Sold Call at ($0.130) 100th 14.000 P 30O/o

32 Bold Put at (Assigned) ($0.150) 10th 7.000 P 30%

22 Collar Bought Call at $0.710 30th 8,600 T 20%22 Sold Put at (Assigned) ($0.200) 0 7.000 T 20%

54 FUTURES 5.912

22 Bought Call at $0.680 40th 8.700 P 20%

22 Collar Sold Put at (Assigned) ($0,220) 0 7.050 P 20%

22 FUTURES 5.912

10%

20%

30%

60%

80%

100%

6/3/2008

6/3/2008

7/2/2008

712/2008

81412008

8/4/2008

12/2412008

8/2512008

8/2512008

8/2512008

91312008

9/3/2008

12/24/2008

9112/2008

9112/2008

12/24/2008

109

109

109

109

109

109

109

109

109

109

109

109

109

SC Hedging PlanPosition Report

G:\GasAccounting\GASACC\DEFERRED-Carolinas_009WIonthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

SC Hedging PlanPosition Report12/31/2008

0 n Positions

Month Contract Volume ToolPurchase

Pries

PriceGDI

Strike/Celgng/FI Price/Tl Cummu4tlveDeeile oor' me % Coverage Coverage

Max 8Trade Date Contracts

Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09Mar-09Msr-09Msr-09Mar-09Mar-09Mar-09Mar-09Mar-09Mar-09Mar-09Mar-09Mer-09Mar-09Mar-09Mar-09Mar-09Msr-09Apr-09Apr-09Apr-09Apr-09Apr-09Apr-09Apr-09Apr-09Apr-09Apr-09Apr-09

r-09May-09May-09

May-09May-09May-09May-09May-09May-09May-09May-09Ma -09Jun-09Jun-09Jun-09Jun-09Jun-09Jun-09Jun-09Jun-09Jun-09Jun-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Jul-09Aug-09Aug-09Aug-09Aug-09Aug-09Aug-09Aug-09Aug-09Aug-09Aug-09Au -09Sap-09Sep-09Sep-09Sep-09Sep-09Sap-09Sap-09Sap-09Sep-09Sep-09Sep-09Se 09Oct-09Oct-09Oct-09

88g917888

262626171717161616777666777

202013131313131312121212131313121212121212121212121313121212121313131314141313131311111111111010111111111111111111111111111111116617171712121211111212

CallSpread

CssSpread

Put

3-Way

3-Way

3-Way

3-Way

3-Way

CallSpread

Put

3-Way

Collar

3-Way

3-Way

Collar

Collar

3-Way

3-Way

Caller

3-Way

Collar

Collar

3-Way

Collar

Collar

Collar

Collar

Call Spread

Collar

3-Way

Collar

Collar

3-Way

Collar

3-Way

Cossr

Collar

Catt Spread

Cossr

3-Way

3-Wsy

Cossr

Call Spread

Collar

Bought Call atSold Call stBought Call atSold Call atSold Put atBought Call atSold Put stSold Call atBought Call atSold Put atSold Cell atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Call atSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call stSold Put stBought Call stSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atSold Csg atBought Call atSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atBought Call atSold Put atBought Call stSold Put atSold Call atBou ht Cas atBought Call atSold Put atBought Call atSold Put atBought Call stSold Put atBought Call atSold Put atBought Call atSold Css stBought Call atSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atBought Call atSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atBought Cell atSold Put atSold Call stBought Call atSold Put atBought Call atSold Put atBought Call atSold Call atBought Css atSold Put atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atBought Call stSold Call atBought Call atSold Put atBought Call st

$1.520($0.760)$1.870

($0.870)($0.325)$1.135

($0.300)($0.200)$1.020

($0.310)($0.170)$0.865

($0.230)($0.140)$0.925

($0.450)$0.180$1.470

($0.230)($0 720)$1.950

($0.960)($0.330)$1.270

($0.400)($0.240)$0 930

($0.400)$0.840

($0.180)($0.180)$0.920

($0.300)$0.150$0.585

($0 230)$0.729

($0.200)$0.680

($0.200)($0.140)$0.780

($0 400)($0.100)$0.492$0.200$0.860

($0.190)($0.120)$0.759

($0 230)$0.670

($0.160)$0.855

($0.430)($0.120)$0.405$0 795

($0.250)$0.820

($0.300)$0 500

($0 170)$0.730

($0.300)$0 530$0 100$0.815

($0.270)$1.000

($0 330)($0.150)$0.700

($0.200)$0.665

($0.200)$1.035

($0.300)$0.300$0.835

($0 290)$1.025

($0.340)($0.160)$0 680

($0 200)$0.790

($0.330)$0.440fip 150$0.885

($0.340)$1.100

($0.425)($0.150)$0.970

($0.290)($0.170)$0.740

($0.300)$0.490$0 200$0 945

($0.400)$1.175

$5.622$5.622$5.622fi5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.622$5.657$5.657$5.657$5.657$5.657$5 657$5.657$5.657$5.657$5.657$5 657$5.657$5.657$5.657$5.657$5.657$5.657$5.725$5 725$5.725$5.725$5.725$5.725$5.725$5.725$5.725$5.725$5.725$5.725$5 795$5.795$5.795$5.795$5.795$5.795$5.795$5.795$5 795$5.795f5.795$5.904$5.904$5 904$5.904$5.904$5.904$5.904$5 904$5.904$5.904$6.031$6.031$6.031$6.031$6.031$6.031$6.031$6.031$6.031$6.031$6.031$6 031fi6.126$6.126$6 126$6.126$6.126$6.126$6.126$6.126$6.126$6.126$6.126$6.180$6.180$6.180$6.180$6.180$6.180$6.180$6.180$6.180$6.180$6.180$6.180$6.300$6.300$6.300

100th100th100th1008110th80th20th100th80th10th

100th20th

090th30th10th90th100th100th100th100th1001II10th80th20th100th70th10th30th

090th30th


100th30th10th70th10111

1001II60th10th308110th40th10th

100th40th70th10th60th10th70th10th30th10th40th90th70th10th50th10th


100th50th10th40th10th80th100th80th10th70th10th

100th40th10th

100th50th10thSpill

100th80th10th70111

15.25021.00015 00020.0007.50010 1008.00016.0009 7007 50016.0008.3507.00013.0008.6007 50013.00015.6008 250

21.00014.90020.0007.7509.7508 00016.0009.6507.5008.6006.60013.0008.5007.00014.00010.5007.3009.4507.0008.5006.50012.0008 6007.00013.0008.1006.0009.7007.00015.0009 4007.0008.4506.5008.5507.00013.0008.8009.5507.0009.3007.00010.0006.0007.9006.0008.65012 0009.7507.0009.1007 00014.0008.9506.5008.3506 0007 2506.00011.05010.0007.0009.2507.00015.0009.3006.5008.4006.00010.00013.00010.2007.0009.8007.00017.0008.7506.50014 0008.9006.00010.25013.00010.5007.0009.800

10%%uo

IP/o10'Yo

10%

10%10%I p%%uo

30%30%30'/o20%20ok20'Yo

20'Yo

20ok

20%10%10%IP%10'/e

10%

10%IP%10%30'Yo

30'Yo

20%20ok20ok20%20%%uo

20%%uo

20ok20'Yo

20ok

20%20ok20oA

20ok20%20ok20oA

20%20%20%2(F/o

20%20'Yo

20%20'/e

20%20ok

20%20ok20%20ok

20%20%20%20ok20ok20ok

20%20%20ok20%20%20%20%20%%uo

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20ok

20%20%%uo

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10%30%%uo

3(PA

30'Yo

20ok

20%%uo

20%20%%uo

20ok20%20ok10%10'k1(P/o

20ok

30'/o

60'Yo

8(P/o

100%

10%%uo

20ok

30%

60%

80%

100'/o

20'Yo

40'k

I PP%

20ok

4P%

60%

spok

I PP%

20%

40%

60%

80%

I PP%

20%

4P%

SP%

SP%

100'/o

20oA

40%

SP%

SP%

109/o

10o/o

40%%uo

60%

80'/o

10%

6/3/20086/3/20087/2/20087/2/2008

8/14/20088/4/20088/4/20088/4/2008

8/29/20088/29/20088/29/2008

9/4/20089/4/20089/4/2008

9/18/20089/18/200S9/18/2008

6/3/20086/3/20086/3/20087/2/20087/2/20088/4/20088/4/20088/4/20088/4/2008

8/20/20088/20/2008

9/3/20089/3/20089/3/2008

9/12/20089/12/20089/12/2008

8/7/20088/7/2008

8/11/20088/11/2008

9/3/20089/3/20089/3/2008

9/1 8/20089/18/20089/18/200810/8/200810/S/20088/5/20088/5/20088/5/2008

8/11/20088/11/2008

9/4/20089/4/2008

9/18/20089/18/20089/18/2008

10/14/20088/11/20088/11/20088/20/20088/20/2008

9/3/20089/3/2008

10/8/200810/8/2008

10/14/200810/14/2008

8/1 1/20088/11/20088/20/20088/20/20088/20/2008

9/4/20089/4/2008

10/7/2008I0/7/2008

10/20/200810/20/200810/20/2008

8/11/20088/11/20088/20/20088/20/20088/20/2008

9/4/20089/4/2008

10/8/200810/8/2008

10/30/200810/30/20088/11/20088/11/2008N29/20088/29/2008N29/2008

9/4/20089/4/20089/4/2008

10/7/200810/7/2008

10/30/200810/30/20088/11/20088/11/20088/29/2008

858585858585858585858585858585858566666666666666666666666666666666666161616161616161616161616161616161616161616161

5555555555555555555555585858585858585858585858878787

G3GasAccountingtGASACC'iDEFERRED-Carognaat2009IMonthly Hedging Acct Reporla-Flied-SCIHedging Position and Mark-to-Market ss of December 31, 2008

SCHedgingPlanPositionReport12/3112008

Feb,-09Feb-09Feb-09Feb-.09Feb-09Feb-09Feb-09Feb-09Feb-09Feb-09

Feb-09

Feb-09

Feb-09

Feb-09

Feb,-09

Feb*09

Feb-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Ap_09

Ap_09

Ap_00

Ap_09

Ap_09

Ap_09

Ap_09

Ap_09

Ap_09

Ma_09

Ma_09Ma_09

Ma_09

May-09

May-09

Ma_09

Ma_09

Ma_09

Jun-09

Jun-09

Jun-09

Jun-09

Jun-09

Jun-09

Jun-09

Jun-09

Jun-09

Jun-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Jul-09

Aug-09

Aug-09

Aug-09

Aug-09

Aug-09

Aug.09

Aug-09

Aug-09Aug-09

Month Contract Volume Tool

Open PoMtlons

Purchase Price

pri_, (GDI) D_:ik,8 Call Bought Call at $1.520 $5.822 100th

0 Spread Sold Call at ($0.760) $5.622 100th 21.000

9 Call Bought Call at $1.870 $5.622 100th 15.000

9 Spread Sold Call at ($0.870) $5.622 100th 20.000

17 Put Sold Put at ($0.325) $5.622 10th 7.5008 Sought Call at $t.135 $5.622 80th 10.1(X)

8 3-Way Sold Put at ($0.300) $5.622 20th 8.000

8 Sold Call at ($0.200) $5.622 100th 16.00026 Bought Call at $1.020 $5.622 80th 9.700

26 3-Way Sold Put at ($0.310) $5.622 10th 7.500

Btrlke/Celllng/FI Prlce/TI Cummulatlve Max •

oor me % Coverage Coverage Trade Date Contracts

15.250 T 10% 10% 6/312000 85T

T

T

T

T

T

P

P

10% 61312008 85

10% 20% 7/2/2008 8510% 7/2/2008 85

811412008 85

10% 814/2008 85

10% 30% 814/2008 85

10% 81412008 8530% 8/2912008 85

30% 60% 8/29/2008 85

26 Sold Ca J) at ($0.170) $5.622 100th 16.000 P17 Bought Call at $0.865 $5.622 20th 8.350 T

17 3-Way Sold Put at ($0.230) $5.622 0 7.000 T

17 Sold Call at ($0.140) $5.622 9Oth 13.000 T

16 Bought Call at $0.925 $5.622 30th 8.600 P

16 3-Way Sold Put at ($0.450) $5.622 10th 7.590 P

16 Sold Call at ($0.180) $5.622 90th 13.000 P

7 Bought Call at $1.470 $5.657 100th 15.600 T

7 3-Way Sold Put at ($0.230) $5.657 100th 8.250 T

7 Sold Call a t ($0_720) $5.657 100th 21.000 T

6 Call Bought Call at $1.950 $5.657 100th 14.900 T

30% 8/2912008 85

20% 91412008 85

20% 80% 0/4/2008 85

20% 914/2008 85

20% 911812008 85

20% 100% 911812008 85

20% 9/18/2008 85

10% 6/312008 66

10% 10% 6/3/2008 66

10% 61312008 66

10% 20% 7/2/2008 666 Spread Sold Call at ($0.960) $5.657 100th 20.000

6 Put Sold Put at ($0.330) $5.657 10th 7.750

7 Bought Call at $1.270 $5.657 80th 9.750

7 3-Way Sold Put at ($0.400) $5.657 20th 8.000

7 Sold Cail at ($0.240) $5.657 100th 16.000

20 Collar Bought Call at $0.930 $5.657 70th 9.650

20 Sold Put at ($0.400) $5.657 10th 7.500

13 Bought Call at $0.840 $51657 30th 81600

13 3-Way Sold Put at ($0.180) $5.657 0 6.600

13 Sold Call at ($0.180) $5.657 90th 13.00013 Bought Call at $0.920 $5.657 30th 8.500

13 3-Way Sold Put at ($0.300) $5.657 0 7.000

13 Sold Call at ($0.150) $5.657 90th 14.000



13 Bought Call at

13 3-way Sold Put at

13 Sold Call at

12 Bought Call at

12 3-way Sold Put at

12 Sold Call at


12 Bought Call at

12 3-Way Sold Put at

12 Sold Call at

i 2 Collar BoUght Call at12 Sold Put at


12 Bought Call at


12 Sold Call at

12 Bought Call at

collar Bought Call at

Sold Put at

Collar Bought Call atSold Put at



Call Spread Bought Call atSold Call at

13

13

13

13

14

14

13

13

13

13

11

11

11

I1

11

10

10

11

11

11

11

11

Coflar Bought Call atSold Put at

Bought Call at

3-Way Sold Put at

Sold Call at

Collar Bought carl atSold Put at


Bought Call at

3-Way Sold Put at

Sold Call at

T 10% 7/2/2008 66

8/412008 66

T 10% 81412008 66

T 10% 30% 814/2008 66

T 10% 8/412008 66

P 30% 60% 812012008 66P 30% 8/2012008 66

T 20% 9/3/2008 66

T 20% 80% 9/3/2008 66

T 20% 91312008 66

P 20% 9/12/2008 68

P 20% 100% 9/12/2008 66

P 20% 9112/2008 66

$0.585 $5.725 80th 10.500 P 20% 20% 8/712008 61($0.230) $5.725 20th 7.300 P 20% 8/712008 61

$0.729 $5.725 60th 9.450 P 20% 40% 8/11/2008 61($0.200) $5.725 10th 7.000 p 20% 8/1112008 61

$0.680 $5.725 30th 81500 P 20% 91312008 61

($0.200) $5.725 10th 0.500 P 20% 60% 91312008 61

($0.140) $5.725 90th 12.000 P 20% 9/3/2008 61

$0.780 $5.725 40th 8.600 P 20% 911812008 61

($0.400) $5.725 10th 7.000 p 20% 80% 011812008 61

($0.100) $5.725 100th 13.000 p 20% 911812008 61

$0.492 $5.725 30th 8.i00 P 20% 100% 10/812008 61($0.200) $5.725 10th 0.000 P 20% 10/8/2008 61$0.860 $5.795 70th 9.700 P 20%

($0.190) $5.795 10th 7.000 P 200/0 20%

($0.120) $5.795 100th 15.000 P 20%

$0.759 $5.795 60th 9.400 P 20%40%

($0.230) $5.795 10th 7.000 P 20%

$0.670 $5.795 30th 8.450 P 20%6O%

($0.!60) $5.795 10th 6.500 P 20%$0.855 $5.795 40th 8.550 p 20%

($0.430) $5.795 10th 7.000 P 20% 80%

($0.120) $5.795 100th 13.000 P 20%

$0.405 $5.795 40th 8.800 P 20% 100%

8/5/2008 61

8/5/2008 61

81512008 61

8/11/2008 61

8/11/2008 61

9/412008 61

91412008 61

911812008 61

9/18/2008 61

911812008 61

1011412908 61

($0.270) $6.031 10th 7.000 P 20% 20% 8/1112008 54

$1.000 $6.031 50th 9.100 P 20% 8/20/2005 54

($0.330) $6.031 10th 7.000 P 20% 40% 8/2012008 54

($0.150) $6.031 100th 14.000 p 20% 8120/2008 54

$0.700 $6.031 40th 8.950 P 20% 60% 91412008 54($0.200) $6.031 10th 6.500 P 20% 91412008 54

$0.665 $6.031 40th 8.350 P 20% 10/712008 54

($0.200) $6.031 10th 6.000 P 20% 80% 10/7/2008 54

$1.035 $6.031 10th 7.250 P 20% 10120/2008 54

($0.300) $6.031 10th 6.000 P 200/0 100% 10120/2008 54

($0.300) $6.031 90th 11.050 P 20% 10/20/2008 54

CoJ(ar Bought Call at $0.835 $6.126 80th 10.000 P 20% 20% 8/1112008 55Sold Put at ($0.290) $6.126 10th 7.000 P 20% 811112008 55

Bought Call at $1.025 $6.126 60th 91250 P 20% 8/20/2008 55

3-Way Sold Put at ($0.340) $6.126 lOth 7.000 p 20% 40% 8/2012008 55

Sold Call at ($0.160) $6.126 100th 15.000 P 20% 8/20/2008 55

Collar Bought Call at $0.680 $6.126 50th 9.300 P 20% 60% 9/4/2008 55Sold Put at ($0.200) $6.126 10th 6.500 p 20% 91412008 55

Collar Bought Call at $0.790 $6.126 40th 8_400 P 20% 80% i0/8/2000 55Sold Put at ($0.330) $6.126 10th 6.000 P 20% 10/8/2008 55

Call Spread Bought Call at $0.440 $6.126 80th 10.000 P 20% 100o/0 10/30/2008 55Sold Call at ($0.150) $6.126 100th 13.000 P 20% 1013012008 55

Bought Call at

$0.795 $5.904 70th 9.550 p 20% 20% 8/11/2008 66($0.250) $5.904 10th 7.000 P 20% 8/1112006 66

$0.820 $5.904 60th 9.300 P 20% 40% 8/2012008 66($0.300) $5.904 10th 7.000 P 20% 8/20/2008 66

$0.500 $5.904 70th 10.000 P 20% 60% 9/3/2008 66($0.170) $5.904 10th 6.000 p 20% 9/3/2008 66

$0.730 $5.904 30th 7.900 P 20% 80% 10/8/2008 66($0.300) $5.904 lOth 6.000 P 20% 10/8/2008 66

$0.530 $5.904 40th 8.650 P 20% 100% 1011412008 66($0.100) $5.904 90th 12.000 p 20% 10114/2008 66

$0.815 $6.031 70th 9.750 P 20% 8/11/2008 54

6 $0.885 $6.180 80th 10.200 P 10% 8/1112008 58Sep-09

Sep-0g

Sep-09

Sep-09

Sep-09

Sep-09

Sep-09

Sep-09

Sap-09

Sep-09

Oct-09

Oct-09

6 Collar Sold Put at .... ($0.340) $6.180 10th 7.000 P 10% 10% 8/11/2008 5017 Bought Call at $1.100 $6.180 70th 9.000 P 30% 8/29/2008 58

17 3-Way Sold Put at ($0.425) $6.180 10th 7.000 p 30°/0 40%

17 Sold Call at ($0.150) $0.180 100th 17.000 P 30%

12 Bought Call at $0.970 $6.180 40th 8.750 P 20%

12 3-Way Sold Put at ($0.290) $6.180 10th 6.500 P 20% 60%

12 Sold Call at ($0.170) $6.180 100th 14.000 P 20%

11 Collar Bought Call at $0.740 $6.180 50th 8.900 P 20% 80%11 Sold Put at ($0.300) $6.180 10th 6.000 P 20%1212 Call Spread BoUght Call at $0.490 $6.180 80th 10.250 P 20% 100%

Sold Call at ($0.200) $6.180 100th 13.000 p 20%

9 Bought Call at $0.945 $6.300 80th 10.500 P 10%9 Collar 10%

Sold Put at ($0.400) $6.300 10th 7.000 P 10%

8 Bought Call at $1.175 $6.300 70th 9.800 P 10%

812912008 58

8/29/2008 58

9/4/2008 58

9/4/2008 58

9/4/2008 58

10/7/2008 58

10/7/2008 58

1013012008 58

1013012008 58

8/11/2008 87

8/11/2008 87

8/29/2008 87

G:\GasAccounting\GASACC\DEFERRED-Carolinas_2009_Monthly Hedging Acct Reports-Fi ed-SC_-fedg ng Pos tion and Mark-to-Market as of December 31, 2008

SC Hedging PlanPosition Report12/31/2008

0 n Positions

Oct-09Oct-09Oct-09Oct-09Oct-09Oct-09Oct-09Ocl-09Oct-09Oct-09Nov-09Nov-09Nov-09Nov-09Nov-09Nov-09Nov-09Nov-09Nov-09Nov-09Nov-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Dec-09Jan-10Jan-10Jan-10Jan-10Jan-10Jsn-10Jan-10Jan-10Jan-10Jan-10Feb-10Feb-10Feb-10Feb-10Feb-10Feb-10Feb-10Feb-10Feb-10Feb-10Feb-10Mar-10Mar-10Mar-10Mar-10Mar-10Mar-10Mar-10Msr-10Msr-10Mar-10Msr-10Mar-10Mar-10Apr-10Apr-10Apr-10Apr-10Apr-10Apr-10Apr-10Apr-10Apr-10Apr-10A r-10Msy-10May-10May-10May-10May-10May-10May-10May-10May-10May-10May-10May-10Ma -10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10Jun-10

Month Connect Volume

88181717171818171715151515151523232323231010101010102020292929303011111111111122223232999888171717262677766613132020202020666661212121918186666666661919181877766776620202020

ToolSold Put atSold Call atBought Cas atBought Call atSold Put atSold Cell atBought Call atSold Call atBought Call atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put stSold Call atBought Call atSold Put atSold Call atBought Call atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Call atBought Call stSold Put atSold Call atBought Call atSold Cali atBought Call stSold Put atSold Call atBought Call stSold Put atSold Call stBought Call atSold Call atBought Call atSold Call atBought Cell atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call etBought Call atSold Call atBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Call atSold Call atBought Call stSold Put atSold Call atBought Call stSold Call at

3-Way

3-Way

Cag Spread

Cell Spread

3-Way

3-Wsy

3-Way

Call Spread

3-Way

3-Way

Call Spread

3-Way

Call Spread

3-Way

3-Way

Call Spread

Call Spread

3-Way

3-Way

3-Way

Call Spread

3-Way

3-Way

Cell Spread

3-Way

Call Spread

Bought Call stSold Put atSold Cali stBought Call atSold Put atBought Call atSold Put atSold Cell atBought Call atBought Call atSold Call atBought Call atSold Put atSold Call atBought Cali atSold Put atBought Call atSold Put atBought Call atSold Put atBought Cell atSold Csg atBought Call atSold Call atBought Call atSold Put atSold Call stBought Call atSold Put atBought Call atSold Put atBought Call atSold Put atBought Call atSold Call atBought Csg atSold Call at

3-Way

Collar

3-Way

Call Spread

3-Wsy

Collar

Collar

Collar

Call Spread

Call Spread

3-Way

Collar

Collar

Collar

Call Spread

Call Spread

PurchasePrice

($0.400)($0.250)$0 342$1.010

($0.290)($0.210)$0.750

($0 290)$0.490$0.200$1.080

($0.350)($0.200)$1.095

($0.400)($0.360)$1.010

($0.500)($0.200)$0.700$0.240$1.015

($0.220)($0.260)$1.145

($0 390)($0 400}$0.700

($0.235)$1.070

(fip 300)($0.300)$0.590$0 300$1.220

($0.320)($0.380)$0 985

($0.200)($0.260)$0.780

($0.300)$0.645$0.340$1.245

($0.350)($0.380)$0 985

($0.200)($0.260)$1 085

($0.300)($0.300)$0 630$0.340$1 040

($0.180)($0.310)$1.080

($0.330)($0.400)$0.755

($0 280)$1 270

($0.500)($0.300)$0.575$0 280$0 847

(fi0.270)($0.210)$0 845

($0 320)$0 900

($0.300)($0.100)$0 300$0.520$0.230$1.009

($0.340)($0 140)$0.820

($0.300)$0.660

($0 150)$0.660

($0.150)$0.530

($0.080)$0.410$0.140$1.009

($0.340)($0.140)$0.825

($0.300)fip 660

($0.150)$0.660

($0.150)$0 530

($0.080)$0.470$0.180

PricetGDI)$6 300$6.300$6.300$6.300$6.300$6.300$6.300$6.300$6.300$6.300$6.695$6.695$6.695$6.695$6.695$6.695$6.695$6.695$6.695$6.695$6 695$7.125$7.125$7.125$7.125$7.125$7.125$7.125$7.125$7.125$7 125$7.125$7 125$7.125$7.395$7.395$7.395$7.395$7 395$7.395$7.395$7.395$7.395$7.395$7.400$7.400$7.400$7 400$7.400fi7.400$7.400$7.400$7.400$7.400$7 400$7.210$7.210$7.210$7.210$7.210$7.210$7.210$7.210$7.210$7 210$7.210$7.210$7.210$6.745$6.745$6.745$6.745$6.745$6 745$6.745$6.745$6.745$6.745fi6 745$6.725$6.725$6.725$6.725$6.725fi6 725$6.725$6.725$6.725$6.725$6.725$6.725$6 725$6.825$6.825$6.825$6.825$6.825$6.825$6.825$6.825$6 825$6.825$6.825$6 825$6 825

Des&le


100th60&II

100th90th

100&I&

60th0

100th60th

090th40th

0100th80th90th70th

0100th80th

090th80th90&II

60th0

100th90&Ii

100th80th

0100th80th

0100th80th100th90th100th80th

0100th80th

0100th70th

0100th90th100th80th

0100th80th

0100th90th100th30th


100&Ii70th10th40th10th

100&I&

90th70th90th60&I&

10&Ii

100th60th10th50th10th50th10th60th100th80th100th70th10th

100th60tli10th60th10th608&

10th60th100th80th

1 00th

oor7.00017.00013.0508 7506.00014.0009.35013.00010.85014.0009 2507.00014.5009.4007 00013.5008.6506.85015.0009.850132509.8006.60015.00010.1007.00014.00010.35013 5009.0006.00014.00011.20014 00010.0007.00015.0009 8006.00015.00010.40014.00011.30014.00010.0007 00015.5009.8006.00015 0009.4506.00015.20011.50014.00010.5006.50015.50010.3507.00015.50010.60014.0008.4006.50014.00011.70015.00010 2507.00015.0009.5507.0008.6007.00014.000I pi8509 50012.0009.1006.80016.0009.3507.0009.1506.5009.1506 5009.25013.25010.25013.2509.2506.80016.0009.4007.0009 5006.5009.4006.5009.35013.00010.00013.000

PPPPPPPPPP

Strike/Ceiling/FI Price/TI

10'/o

10'/o

20%20'Yo

20ok

20%20ok

20%20%20%20%20%2&P/o

20%20o/o

20%30o/o

30%30%30%30%%uo

10%%uo

10/o10%10%&P%

10%20o/o

2P%30%30%30%30'Yo

30'/o

1 0'/o

&P%

10%10'/o

10ok

20%%uo

20%%uo

30'/o

30'Yo

10%10%%uo

10%10'/o

10%I P%20%20ok20ok30o/o

30%10'Yo

10%&P%10%10%10'Yo

20%20%%uo

30%30%30%30'/o

30%1P%10%&P%1 Q'/o

&P%20%20ok20ok30%30'/o

30%10%10%10%10/o10%10%%uo

10'Yo

10%&P%30%30'Yo

30'Yo

30%10/o&P%

IP%&P%

10%10%10'/o10'k10%%uo

30%30'Yo

30%o30oYo

Cummutstlvs

Coverage20%

40%

60%

80%

20%

40%

70%

100ok

10%

20%

40'Yo

70%

100%

10%

20ok

40%

7&P/o

10/o

20ok

40%

70'/o

I P'/

20%

70'/o

I pp%%uo

I p%%uo

20ok

4P%

70'Yo

100%

1Q%

20%

30%

4P/o

70'/o

Ipk

20%

40%

70o/o

1 00%

Trade Date8/29/20088/29/2008

9/9/20089/29/20089/29/20089/29/2008

10/14/200810/14/200810/30/200810/30/2008

9/4/20089/4/20089/4/2008

9/17/20089/17/20089/1 7/200810/8/200810/8/200810/8/2008

10/14/200810/14/20089/11/20089/11/20089/11/20089/18/20089/18/20089/18/2008

10/14/200810/14/200810/20/20081 0/20/200810/20/200810/30/200810/30/20089/18/20089/18/20089/18/200810/8/200810/8/200810/8/2008

10/20/200810/20/200810/30/200810/30/20089/18/20089/18/20089/18/200810/8/200810/8/200810/8/2008

10/20/200810/20/200810/20/20081 0/30/200810/30/2008

9/5/20089/5/20089/5/2008

9/18/20089/18/20089/18/2008

10/14/200810/14/200810/21/200810/21/200810/21/200810/30/200810/30/2008

8/1/20088/1/20088/I/2008

N1 1/20088/11/2008

9/5/20089/5/20089/5/2008

10/14/200810/30/200810/30/2008

7/28/20087/28/20087/28/20088/11/2008N1 I/2008

9/4/20089/4/20089/5/20089/5/2008

10/14/200810/1 4/200810/30/200810/30/2008

7/28/20087/28/20087/28/20088/11/20088/11/2008

9/4/20089/4/20089/5/20089/5/2008

10/14/200810/14/200810/30/200810/30/2008

Max 8Contracts

878787878787878787877676767676767676767676999999999999999999999999991091091091091091091091091091098585858585858585858585

616161616161616161616161616161616161616161616161

G &GasAccounkng&GASACC&DEFERRED-Carognas&2009&Monthly Hedging Acct Reporls-Fged-SO&Hedging Posibon and Mark-to-Market as of December 31, 2008

SCHedglngPlanPo=lUonReport12J3112008

Oct-09

Oct-09

Oct-09

Oct-09

Oct-09

Oct-09

Oct-09

Oct-09

Oct-09

Oct-09

Nov-09

Nov-09

NOV-09

NOV-09

Nov-09

N0v-09

NOV-09

NOV-09

Nov-09

NOV-09

NOV-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Dec-09

Jan-10

Jan-10

Jan-10

Jam10

Jan-10

Jan-10

Jan-1O

Jan-10

Feb-10

Feb-10

Feb-10

Feb-10

Feb-10

Feb-10

Feb-10

Feb-10

Feb-10

Feb-10

Ma_10

Ma_10

_a_10

MaFI0

_a_10

Ma_10

Ma_10

Ma_10

Ma_10

Ma_10

Ma_10

Ma_10

Mar-10

ApF10

Ap_10

ApF10

Ap_t0

Ap_10

Ap_10

Ap_10

Ma_10

Map10Ma_10

Ma_10

Ma_10

Map10

Ma_10

Ma_10

Ma_10

Ma_10

Ma_10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Juno10

Jun-10

Jun*10


8 3-Way Sold Put at

8 Sold Call at

18 Bought Call at

17 Bought Cali at


17 Sold Call at

Bought Call at1818 Call Spread Sold Call at

Bought Call at17 Call Spread Sold Call at17

15 Bought Call at


15 Sold Call at

15 Bought Call at


15 Sold Call at

23 Bought Call at


23 Sold Call at


10 Bought Call at


10 Sold Call at

10 Bought Call at


10 Sold Call at2020 Call Spread Bought Call atSold Call at

29 Bought Call at


29 Sold Call at


11 Bought Call at

11 3.-Way Sold Put at

11 Sold Call at

11 Bought Call at


11 Sold Call at22

22 Call Spread Bought Call atSold Call at


9 Bought Call at

9 3-Way Sold Put at

9 Sold Call at

8 Bought Call at

8 3-Way Sold Put at

8 Sold Call at

17 Bought Call at


17 Sold Call at

Bought Call at26 Call Spread Sold Call at26

7 Bought Call at

7 3-Way Sold Put at

7 Sold Call at

6 Bought Call at

6 3-Way Sold Put at

6 Sold Call at1313 Call Spread Bought Call atSold Call at

20 Bought Call at


20 Sold Call at


6 Bought Call at

6 3-Way Sold Put at

6 Sold Call at


12 Bought Call at


12 Sold Call at

19 Bought Call at

Bought Calt at1818 Call Spread Sold Call at

6 Bought Call at

6 3-Way Sold Put at

6 Soid Call at



6 Collar Bought Call at6 _ Sold Put at1919 Call Spread Bought Call atSold Call at

1818 Call Spread Sought Call atSold Call at

7 Bought Call at

7 3-Way Sold Put at

7 Sold Call at






Open Po=ltlons

Purchue Price Strlke/Celllng/FI Pdce/Ti Cummulltlve Max#

Pdce (GDI) Decile oor me % Coverage Coverage Trade Date Contract=

($0.400) $6.300 10th 7.000 P 10% 20% 8/29/2008 87

($0.250) $6.300 100th 17.000 P 10% 8/2912008 87

$0.342 $6.300 100th 13.050 P 20% 40% 91912008 87

$1.010 $6.300 40th 8.750 P 20% 9/2912008 87

($0.290) $6.300 10th 6.000 p 20% 60% 9129/2008 87

($0.210) $6.300 100th 14.000 P 20% 9129/2008 87

$0.750 $6.300 60th 9.350 P 20% 80% 1011412008 87($0.290) $6.300 100th 13.000 p 20% 10114/2008 87

$0.490 $61300 90th 10.850 P 20% 100% 10130/2008 87($0.200) $6.300 100th 14.000 P 20% 10/3012008 87

$1.080 $6.695 60th 9.250 P 20% 91412008 76

($0.350) $6.695 0 7.000 P 20% 20% 9/4/2008 76

($0.200) $6.695 100th 14,500 P 20% 91412008 76

$1.095 $6.695 60th 9.400 P 20% 911712008 76

($0.400) $6,695 0 7.000 p 20% 40% 911712008 76

($0.360) $6.695 90th 13.500 P 20% 911712008 76

$1.010 $6.695 40th 8.650 P 30% 101812008 76

($0.500) $6.695 0 6.850 P 30% 70% 101812008 76

($0.200) $6.695 100th 15.000 P 30% 10/8/2008 76

$0.700 $6.695 80th 9.850 P 30% 100% 1011412008 76($0.240) $6.695 90th 13.250 P 30% 1011412008 76

$1.015 $7.125 70th 9.800 p 10%

($0.220) $7.125 0 6.600 P 10% 10%

($0.260) $7.125 100th 15.000 P 10%

$1.145 $7.125 80th i0.i00 p 10%

($0.390) $7.125 0 7.000 p 10% 20%

($0.400) $7,125 90th 14.000 p 10%

$0.700 $7.i25 80th 10.350 P 20%40%

($0.235) $7.125 90th 13.500 P 20%$1.070 $7.125 60th 9.000 P 30%

($0.300) $7.125 0 6.000 P 30% 70%

($0.300) $7.125 1OOth 14.000 P 30%

$0.590 $7,125 90th 11.200 P 30%100%

($0.300) $7.125 100th 14.000 P 30%

$1.220 $7.395 80th 10.000 p 10%

911112008 99

9111/2008 99

911112008 99

911812008 99

9/18/2008 99

9118/2006 99

10114/2008 99

10/14/2008 99

10/20/2008 99

1012012006 99

10/2012008 99

10/3012008 99

10130/2008 99

911812008 109

($0.320) $7.395 0 7.000 P 10% 10%

($0.380) $7.395 100th 15.000 P 10%

$0.985 $71395 80th 9.800 p 10%

($0.200) $7.395 0 6.000 p 10% 20%

($0.260) $7.395 100th 15.000 P 10%

$0.780 $7.395 80th 10.400 P 20%40%

($0.300) $7.395 100th 14.000 P 20%

$0.645 $7.395 90th 11.300 P 30%70°1o

($0.340) $7.395 100th 14.000 P 30%

$1.245 $7.400 80th 10.000 P 10%

9/18/2008 109

9/18/2008 109

101812008 109

10/8/2008 109

101812008 109

10/20/2008 109

10/2012008 109

10130/2008 109

1013012008 109

911812008 85

($0.350) $7.400 0 7.000 P 10% 10% 9/18/2008 85

($0.380) $7.400 tOOth 15.500 P 10% 9118/2008 85

$0.985 $7.400 80th 9.800 P 10% 10/8/2008 85

($0.200) $7,400 0 6.000 P 10% 20% 10/812008 85

($0260) $7.400 100th 15,000 P 10% 101812008 85

$1,085 $7,400 70th 9,450 p 20% 10/20/2008 85

($0.300) $7,400 0 6.000 p 20% 40% 10/20/2008 85

($0.300) $7.400 100th 15.200 P 20% 1012012008 85

$0.630 $7.400 90th 11.500 P 30% 70% 10130/2008 85($0.340) $7.400 tOOth 14.000 P 30% 1013012008 85

$1.040 $7.210 80th 10.500 P 10% 9/5/2008 66

($0.180) $7.210 0 6.500 P 10% 10% 9/5/2008 66

($0.310) $7.210 100th 15.500 P 10% 9/512008 66

$1.080 $7.210 80th 10.350 P 10% 9118/2008 66

($0.330) $7.210 0 7.000 P 10% 20% 9/18/2008 66

($0.400) $7.210 100th 15.500 p 10% 9118/2008 66

$0.755 $7.2i0 " 90th i0.600 P 20% 40% 10114/2008 66($0.280) $7210 100th 14.000 P 20% 10114/2008 66

$1.270 $7.210 30th 8.400 P 30% 10/21/2008 66

($0.500) $7.210 0 6.500 p 30% 70% 1012112008 66

($0.300) $7.210 100th 14.000 p 30% 10/21/2008 66

$0.575 $7.210 90th 11.700 P 30% 100% 10/30/2008 66($0.280) $7.210 100th 15.000 P 30% 1013012008 66$0l_7 $6.745 80th 101250 P 10%

($0.270) $6,745 10th 7.000 P 10% 10%

($0.210) $6.745 100th 15.000 P 10%

$0,845 $6.745 70th 9.550 P 10% 20%($0,320) $6.745 10th 7,000 P 10%

$0,900 $6,745 40th 8,600 P 20%

($0.300) $6,745 10th 7.000 P 20% 40%

($0.100) $6.745 100th 14.000 P 20%

$0,300 $6.745 90th 10.850 P 30% 70%

$0.520 $6.745 70th 9_ P 30%100%

($0.230) $6.745 90th 12.000 P 30%$1,009 $6.725 60th 9.100 P 10%

81112008 61

8/1/2008 61

8/1/2008 61

8/1112008 61

811112008 61

9/5/2008 61

9/5/2008 61

91512008 61

1011412008 61

i0/30/2008 61

10130/2008 61

7128/2008 61

($0.340) $6.725 10th 6.800 P 10%

($0.140) $6.725 100th 16.000 P 10%

$0.820 $6.725 60th 9.350 P 10%

($0.300) $6.725 10th 7.000 P 10%

$0.660 $6.725 50th 9.150 P 10%

($0.150) $6.725 10th 6,500 P 10%

$0,660 $6.725 50th 9,150 P 10%

($0.150) $6.725 10th 6.500 P 10%$0.530 $6.725 60th 9.250 P 30%

($0.080) $6.725 100th 13.250 P 30%

$0.410 $6.725 80th 10.250 P 30%

($0.140) $6.725 100th 13.250 P 30%

10% 7/28/2008 61

7/28/2008 61

20o/o 8/1il2008 618111/2008 61

30% 914/2008 619/4/2008 61

40% g/5/2008 6191512008 61

70% 10114/2008 6110/14/2008 61

100% 1013012006 611013012008 61

$1.009 $6.825 70th 9.250 P 10%

($0.340) $6.825 10th 6.800 P 10% 10%

($0.140) $6.825 100th 16.000 P 10%$0.825 $6,825 60th 9.400 p 10%

20%($0,300) $6.825 10th 7.000 P 10%

$0.660 $6.825 60th 9.500 P 10%30%

($0.150) $6.825 10th 6.500 P 10%$0,660 $6.825 60th 9.400 .... P 10%

40%($0.150) $6,825 10th 6.500 P 10%

$0,530 $6.825 60th 9.350 P 30%7O%

($0.080) $6.825 100th 13.000 p 30%

$0.470 $6.825 80th 10.000 P 30%100%

($0.180) $6.825 100th 13.000 P 30%

7/28/2008 66

7/2812008 66

7/2812008 66

811112008 66

8/11/2008 66

9/4/2008 66

914/2008 66

91512008 66

915/2008 66

10114/2008 66

1011412008 66

10/3012008 66

10/3012008 66

G:\GasAccounting_GASACC\DEFERRED-Carolinas_009'Wlonthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

SC Hedg(ng PlanPosition Report12/31/2008


0 n Positions

Pu~m StrtkelCaeinglFl Price/Tl Commutative Max 8Price GDI Declla oor me % Coverage Coverage Trade Date Contracts

Jul-10Jul-10Jul-10Jul-10Jul-10Jul-10Jul-10Jul-10Jul-10JUI-10Jul-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Aug-10Au -10Sep-10Sep-10Sep-10Sep-10Sep-10Sep-10Se -10

5556655661616666555665517171712121211181818

3-Way

Collar

Collar

Collar

Call Spread

3-Way

3-Way

Collar

Collar

3-Way

3-Way

3-Way

Bought Call etSold Put atSold Call atBought Call stSold Put atBought Call atSold Put atBought Call atSold Put atBought Call stSold Call etBought Call atSold Put atSold Call atBought Call atSold Put atSold Call atBought Cell atSold Put atBought Call atSold Put atBought Call atSold Put etSold Call atBought Call atSold Put atSold Call atBought Call atBought Call atSold Put atSold Call et

$0.990($0 270)($0.200)$0.855

($0.330)$0.68O($0.150)$0.655

($0.150)$0.565$0 100$1.081

($0 280)($0.250)$1.070

($0 350)($0.200)$0.660

($0.150)$0.650

($0.150)$0.770

($0.300)$0 170$1 115

($0.400)($0.200)$0.340$0.965

($0.300)$0 200

$6.935$6.935$6.935$6.935$6.935$6.935$6.935$6.935$6.935$6.935$6 935$7 015$7.015$7 015$7.015$7.015$7.015$7.015$7.015$7.015$7.015$7.015$7.015$7.015$7.045$7.045$7.045$7 045$7.045$7.045$7.045

70th10th100th70th10thOmh


100th70th10th70th10th50th10th

100th60th10th

100th100th40th10th

100th

9.8007.00015.0009.6507.0009.5006 5009.5006.5009.40013.0009.9007 00015.0009.1007.00014.80010.0006.5009.9506.5008.9006.00014.0009.3007.00016.00012.8008.5005 60013.950

10%10/o10%10%10%'lo%%uo

1P%10%10%30'Yo

30'/o

10%%uo

1P%10%10'/o

1P%1po/o

10'Yo

1P%1 0o/

10%30%30%30o/o

20o/o

20%20%20%%uo

30'Yo

30'Yo

30%

10/o

20%

40'/o

7P%

10%

20%

30%

40%

70%

20'Yo

40%

70%

8/1/20088/1/20088/1/2008

8/11/20088/11/2008

9/4/20089/4/20089/5/20089/5/2008

10/14/200810/14/2008

8/1/2008Nl/20088/1/2008

8/20/20088/20/20088/20/2008

9/4/20089/4/20089/5/20089/5/2008

10/21/200810/21/200810/21/2008

8/29/2008N29/20088/29/2008

9/5/200810/20/200810/20/20081 0/20/2008

55555555555555555555555555Ss5858585858So

Oct-10Oct-10Oct-10Oct-10Oct-10Oct-10Oct-10

17171718162626

Bought Call at3-Way Sold Put at

Sold Call atBought Cell atSold Put at

Call S read Bought Call stSold Cell at

$1.040($0.300)($0.230)$0.700

($0 200)$0.510$0.200

$7.125$7.125$7.125$7.125$7.125$7.125$7.125

40th10th


9 0006.50015.00010.0006 00011.50015 000

20'/o

20%20%20%20'/o

30%30'/o

20%

4P%

70%

9/29/20089/29/20089/29/2008tpn/200810/7/2008

1 0/20/200810/20/2008

87878787878787

Nov-10Nov-10

3030

Cae Spread Bought Call atSold Call at

$0 480 $7.395$0.170 $7 395

90th 12 250 P 40% 4po/ 11/3/2008 76100th 16.000 P 40% 11/3/2008 76

G.(GssAccounhng(GASACC(DEFERRED-Carolinas(2009(Monthly Hedging Acct Reports-Filed-SC'IHedging Position and Mark-to-Market as of December 31, 2008

SCHedgingPlanPositionReport12/3112008

IJul-10

Jul-10

Jul-10

Jul-1O

Jul-10

Jul-10

Jul-10

Jut-10

Jul-10

Jul-10

Jul-lO

_,ug-10

_,ug-10

=,ug-10

Aug-10

Aug-10

Aug-10Aug- 10

Aug-10

Aug-10

Aug-10Aug-1O

Aug-10

Aug-10

Sap-10

Sep-10

Sep-10

Sap-10

Sep-1O

Sap-10

Sap-10

Oct-10

Oct-1O

Oct-10

Oct-10

:3ct-1O

Dct-10

Oct-10


5

5

5

6

6

5

5

6

6

16

16

Bought Call at

3-Way Sold Put at

Sold Call at




Call Spread Bought Call atSold Call at

Bought Call at

3-Way Sold Put at

Sold Call at

Bought Call at

3-Way Sold Put at

Sold Call at



Bought Call at

3--way Sold Put at

Sold Call at

12 Bought Call at


12 Sold Call at

11 Bought Call at

18 Bought Call at


18 Sold Call at

Open Positions

Pur=h==e Price

Prl¢_ (GDI) r=.,=,

$0,990 $6.935 70th

Strlk_Ctlllng/FI Pdce/TI Cummulative Max ill

oor me % C_¥_,_._, Cow;_ Trade Date Cc,,_. ,,,.-'-

9,800 P 10% 81112008 54

($0.270) $6.935 10th 7,000 p 10% 10% 81112008 54

($0.200) $6.935 100th 15,000 p 10% 811/2008 54

$0,855 $6.935 70th 9,650 P 10% 20% 8/11/2008 54($0.330) $6.935 10th 7.000 P 10% 8/11/2008 54

$0.660 $6.935 60th 9.500 P 10% 30% 9/4/2008 54($0.150) $6.935 10th 6.500 p 10% 91412008 54

$0.655 $6.935 60th 9.500 p 10% 40% 91512008 54($0.150) $6.935 10th 6.500 p 10% 91512008 54

$0.565 $6.935 60th 9.400 P 30% 70% 10114/2008 54($0.100) $6.935 100th 13,000 p 30% 10114/2008 54

$1.081 $7.015 70th 9.900 P 10% 8/1/2008 55

($0.280) $7.015 10th 7.000 p 10%

($0.250) $7.015 100th 15,000 p 10%

$1.070 $7,015 5Oth 9.100 P 10%

($0.350) $7,015 10th 7,000 p 10%

($0.200) $7.015 100th 14.800 P 10%

$0.660 $71015 70th 10.000 p 10%

($0,150) $7.015 10th 6.500 P 10%

$0.650 $7.015 70th 9.950 P 10%

($0.150) $7.015 10th 6.500 P 10%

$0.770 $7.015 50th 8.900 P 30%

($0.300) $7.015 10th 6.000 P 30%

($0.170) $7,015 1O0th 14.000 p 30%

$1.115 $7.045 60th

($0.400) $7.045 10th 7.000 p 20%

($0.200) $7.045 100th 16.000 p 20%

$0.340 $7.045 100th 12.800 P 20%

$0.965 $7.o45 40th 8.500 p 30%($0,300) $7.045 10th 5.600 P 30%

($0.200) $7.045 100th 13.950 p 30%

17 Bought Call at $1,040 $7.125 40th 9.000 p 20%

17 3-Way Sold Put at ($0,300) $7.125 10th 6.500 p 20%

17 Sold Call at ($0.230) $7.125 100th 15.000 P 20%

18 Collar Bought Call at $0,700 $7.125 80th 10.000 P 20%

18 Sold Put at ($0.200) $7,125 10th 5.000 p 20%

Bought Call at $0.510 $7.125 90th 11,500 P 30%2626 Call Spread Sold Call at ($0.200) $7.125 100th 15.000 P 30%

Nov-10 30

Nov-10 30 Call Spread Bought Call at $0.480 $7.395 90th 12.250 p 40%Sold Call at ($0,170) $7.395 100th 16.000 P 4no/_

10% 811/2008 55

8/112008 55

8/2012008 55

20% 8/2012008 55

8/2012008 55

30% 91412008 559/4/2008 55

40% 91512008 5591512008 55

1012112006 55

70% 1012112008 55

10121/2008 55

9.300 P 20% 8/2912008 58

20% 8/29/2008 58

8/2912008 58

40% 91512008 58

10/20/2006 65

70% 10/20/2008 58

1012012008 58

9/2912008 87

20% 9/29/2008 87

912912008 87

40% 10/7/2008 8710/7/2008 87

70% 10/20/2008 871012012008 87

40% 11/3/2008 76

G;_GasAccounting_GASACC\DEFERRED-Carolinas_20Og\Monthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

Mark-fo-Market ReportSC Hedging Plan

Report Dater 12/31l2008Summa Closed Positions - 1st Renew Period

Closed Positions - 2nd Review Period

Closed Posibons - 3rd Review Period

Closed Positions - 4th Review Period

Closed Positions - 5th Rewew Period

$949,450

$1,065,640

$851,680

$2,463,690

$3,369,220

$2,424,270

$400,810

$795,290

$4,925,500

($1,385,730)

$1,474,820

($684,830)

($56,390)

$2,461,810

($4,754,950)

Mark-to-Market ReportSC Hed in Plan

Closed Positions - Sixth Review Period

Period Tool

M MBtusOriginal Trade Purchased Per Strike/Fixed Purchase Original Purchase Trade Expiration Trad Expiration Net Value Realized

Counterparty Date Month Price Price Cost/Proceeds Date Price Realized Value Gain or (Loss)

May-07May-07May-07May-07Msy-07May-07May-07May-07May-07May-07May-07May-07

Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07Jun-07

Jul-07Jul-07Jul-07

Jul-07Jul-07Jul-07Jul-07Jul-07Jul-07Jul-07Jul-07

Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07Aug-07

Sap-07Sap-07Sep-07Sep-07Ssp-07Sep-07Sep-07Sap-07Sap-07Sep-07Sap-07Sap-07Sep-07Sep-07Sep-07Sap-07Sap-07Sap-07Sep-07Sep-07

Oct-07Oct-07Oct-07

Call (Exerosed)Call (Exercised)Sold FuturesSold FuturesCall (EXPIRED)Put (Expired)Call (Sold) (Expired)Call (EXPIRED)Call (Sold) (Expired)Put (Expired)Put (Expired)Put (Expired)

Call - ExercisedCall - ExercisedSold FuturesSold FuturesCall - ExpiredPut - ExpiredCall (Sold) - ExpiredCall - ExpiredPut - ExpiredCall (Sold) - ExpiredPut - ExpiredCall (Sold) - ExpiredPut —ExpiredCall (Sold) - Expired

Call - ExpiredPut - ExpiredCall (Sold) - ExpiredCall - ExpiredPut - ExpiredCall (Sold) - ExpiredCall - ExpiredPut - ExpiredCall (Sold) - ExpiredCall - ExpiredPut - Expired

Put - ExercisedPut - ExerasedPut - ExerasedPut - ExercisedPut - ExercisedSold FuturesSold FuturesCall - EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall - EXPIREDCall - EXPIRED

Put - EXERCISEDPut - EXERCISEDPut - EXERCISEDPut - EXERCISEDPut - EXERCISEDSOLD FUTURESSOLD FUTURESSOLD FUTURESSOLD FUTURESSOLD FUTURESCall - EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall (Sold) - EXPIREDCall —EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall (Sold) - EXPIREDCall - EXPIREDCall - EXPIRED

Call - EXPIREDPut - EXPIRED

Call (Sold) - EXPIRED

NYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEX


NYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEX


NYMEXNYMEXNYMEX

12/29/20061/4/2007

4/25/20074/25/2007«/6/200611/6/2006«/6/200612/1/200612/1/200612/29/200612/29/2006

1/4/2007

1/3/20071/4/2007

5/25/20075/25/200711/6/2006«/6/2006«/6/200612/1/200612/1/200612/1/20061/3/20071/3/20071/4/2007I/4/2007

1 1/6/20061 1/6/2006«/6/200612/1/200812/1/200612/1/20061/4/20071/4/20071/4/2007

6/25/20076/25/2007

11/6/200612/1/2006I/4/20073/1/2007

6/29/20077/26/20077/26/200711/6/20061 1/6/200612/1/200812/1/20061/4/20071/4/20072/1/20072/1/20073/1/2007

6/26/20076/29/2007

1 1/3/200612/1/20061/4/20073/1/2007

8/29/20078/28/20078/28/20078/28/20078/28/20078/28/2007«/3/2006«/3/200612/1/200612/1/20081/4/20071/4/20072/1/20072/1/20073/1/2007

6/29/2007

«/3/2006«/3/2006«/3/2006

120,000130,000120,000130,00060,00060,00060,00060,00060,00050,00070,000

130,000

130,000140,000130,000140,00070,00070,00070,00060,00060,00060,000

130,000130,000140,000140,000

50,00050,00050,00060,00060,00060,000

210,000210,000210,000220,000220,000

50,00060,00080,00060,000

«0,000280,00060,00050,00050,00060,00060,00060,00060,00050,00050,00060,000

180,000«0,000

Ba,aaa60,00050,00060,000

290,00060,00080,00050,00060,000

290,00060,00060,00060,00060,00050,00050,00060,00060,00060,000

290,000

90,00090,00090,000

7.0507 1007.6897.6897 9506.00013.5008.55014.5006.1506.1505.500

7 0007.0007.6427.6428.0006.00013.5008.0506.10014.0005.50010 0005.50010 000

8.1006.00014,0008 2006.00014.0007.2505.500«.0007.1006.850

6 0006.0006.0006.2506.0005.9435.9438 35015 0008.25014.0006.950«,0009 40014.0007.9507 3006.750

B.aaa6.0006.0006.2506.0005.5935.5935.5935.5935.5938.70014.0008.30014.5007.15012.00010.00015.0008.1507.050

8 6506.00014.000

0.5600.550

0.8«(0.280)(0.080)0 824(0.060)(0.565)(0.570)(0.280)

0.7200.710

0.879(0,300)(0.100)1.104(0.230)(0.«0)[0.300)(0.160)(0.300)(0.150)

0.919(0.330)(0.«0)1.164

(0.240)(0.160)0.760

(0.350)(0.150)0.020

(0.020)

(0.370)(0.240)(0 535)(0.200)(0.080)

0.979(0.130)

1 300(0.300)1.050

(0.230)0.540

(0.080)0 6700.2800.350

(0.380)(0.340)(0.580)(0 250)(0.270)

1 179(0.320)1.404

(0 300)1 080

(0.220)0.550

(0.100)0.7260.540

1 310(0.4«)(0 420)

$67,200$71,500

$48,660($16,800)($4,800)$49,440($3,800)($28,250)($39,900)($36,400)

$93,600$99,400

$81,530($21,000)($7,000)$86,240($13,800)($6,600)($39,000)($20,800)($42,000)($21,000)

$45,950($16,500)($5,500)$69,840($14,400)($9,600)

$159,600($73,500)($31,500)$4,400($4,400)

($18,500)($14,400)($32, 100)($12,000)($8,800)

$48,950($6,500)$78,000($18,000)$63,000($13,800)$27,000($4,000)$40,200$44,800$38,500

($22,800)($20,400)($29,000)($15,000)($78,300)

$70,740[$19,200)$84,240($18,000)$54,000($«,000)$33,000($8,000)$43,5ea$158,eaa

$«7,900($36,990)($37,800)

12/29/20061/4/2007

4/25/20074/25/20074/25/20074/25/20074/25/20074/25/20074/25/20074/25/20074/25/20074/25/2007

5/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/20075/25/2007

6/26/20076/26/20076/26/20076/26/20076/26/20076/26/20076/26/20078/26/20076/26/20076/26/20076/26/2007

7/26/20077/28/20077/26/20077/26/20077/26/20077/26/20077/26/20077/28/20077/26/20077/26/20077/26/20077/26/20077/26/20077/26/20077/26/20077/26/20077/26/20077/28/2007

8/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/20078/28/2007

9/28/20079/26/20079/26/2007

$0.000fa.aaa$0.000$0.000$0.000$0 000$0.000$0 000$0.000$0.000$0 000$0.000

$0.000$0.000$0.000$0.000$0.000$0.000$0.000fi0.000$0.000$0.000$0.000$0.000$0.000$0 000

$0.000$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0.000$0.000

$0.000$0.000$0 000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0.000$0.000fia.aaa$0.000$0.000$0.000$0.000$0.000

$0 000$0 000$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0 000$0.000$0,000$0.000

$0.000$0.000$0.000

$0fa

$76,680$78,570

$0$0$0$0$0$0$0$0

$0$0

$83,460$89,880

$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0

($15,960)($18,420)

$0$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0

($24,420)($24,420)($20,350)($39,420)

($«8,030)$0$0$0$0$0$0$0$0$0$0

$0$0$0

($67,200)($71,500)$76,880$76,570($48,660)$16,800$4,800

($49,440)$3,600$28,250$39,900$36,400

$0($93,800)($99,400)$83,460$89,880($81,530)$21,000$7,000

($66,240)$13,800$6,600$39,000$20,800$42,000$21,000

($45,950)$16,500$5,500

($89,840)$14,400$9,600

($159,800)$73,500$31,500($4,400)$4,400

$18,500$14,400$32, 100$12,000$8,800

($15,960)($18,420)($48,950)$6,500

($78,000)$18,000($63,000)$13,800($27,000)$4,000

($40,200)($44,800)($38,500)

$0$22,800$20,400$29,000$15,000$78,300($24,420)($24,420)($20,350)($39,420)($«8,030)($70,740)$19,200($84,240)$18,000($54,000)$«,000($33,000)$8,000

($43,560)($156,600)

($«7,900)$36,990$37,800

GAGasAccounting[GASACC[DEFERRED-Caro[ines)2009Wlonthly Hedging Acct Reports-Filed-SC(Hedging Position and Mark-to-Market as of December 31, 2008

Mark-to-MarketReportSCHedgingPlan

ReportDate: 12/31/2008I Summa_:I Closed Positions - 1st Review Period

Closed Positions - 2nd Review Period

Closed Positions - 3rd Review Period

Closed Positions o 4th Review Period

Closed Positions - 5th Review Period

$949,450

$1,065,640

$851,680

$2,463,690

$3,369,220

$2,424,270 $1,474,820

$400,810 ($664,83_

$795,290 ($56,390)

$4,928,500 $2,481,810

($1,385,730) ($4,754,950)

Mark-to-Market Report

SC Hedging Plan

Closed Positions - Sixth R_,;_,:w Period

MMBtus

Original Trade Purchased Per Strike/Fixed Purchase Original Purchase Trade Expiration Trad Expiration Net Value Realized

Period Tool Counterparty Date Month Price Pdce Cost/Proceeds Date Price Realized Value Gain or (Loss)

May-07 Call (Exercised) NYMEX 12129/2006 120,000 7.050 0.560 $67,200 12/29/2006

May-07 Call (Exercised) NYMEX 1/4/2007 130,000 7.100 0.550 $71,500 1/412007

May-07 Sold Futures NYMEX 4/25/2007 120,000 7.689 4/25/2007

May-07 Sold Futures NYMEX 4/25/2007 130,000 7.689 4/2512007

May-07 Call (EXPIRED) NYMEX 111612006 60,000 7.980 0.811 $48,660 412512007

May-07 Put (Expired) NYMEX 111812006 60,000 6.000 (0.280) ($16,800) 4125/2007

May-07 Call (Sold) (Expired) NYMEX 11/612006 60,000 13.500 (0.080) ($4,800) 4/2512007

May-07 Call (EXPIRED) NYMEX 12/112006 60,000 8.550 0.824 $49,440 412512007

May-07 Call (Sold) (Expired) NYMEX 1211/2006 50,000 14.500 (0.060) ($3,600) 4125/2007

May-07 Put (Expired) NYMEX 12/29/2006 50,000 6.150 (0.565) ($28,250) 4/2512007

May-07 Put (Expired) NYMEX 1212912006 70,000 6.150 (0.570) ($39,900) 4125/2007

May-07 Put (Expired) NYMEX 1/4/2007 130,000 5.500 (0.280) ($36,400) 4/2512007

Jun-07 Call- Exercised NYMEX 1/312007 130,000 7.000 0.720 $93,800 5/25/2007

Jun-07 Carl - Exercised NYMEX 1/412007 140,000 7.000 0.710 $99,400 5/25/2007

Jun-07 Sold Futures NYMEX 5/25/2007 130,000 7.642 5/2512007

Jun-07 Sold Futures NYMEX 5125/2007 140,000 7.642 5/25/2007

Jun-07 Call - Expired NYMEX 1116/2006 70,000 8.000 0.879 $61,530 5/2512007

Jun-07 Put- Expired NYMEX 111612006 70,000 6.000 (0.300) ($21,000) 512512007

Jun-07 Call (Sold) - Expired NYMEX 111612006 70,000 13.500 (0.100) ($7,000) 5/25/2007

Jun-07 Call - Expired NYMEX 121112006 60,000 8.050 1.104 $66,240 5/25/2007

Jun-07 Put- Expired NYMEX 12/1/2006 80,000 8.100 (0.230) ($13,800) 5/25/2007

Jun-07 Call (Sold) - Expired NYMEX 121112006 60,000 14.000 (0.110) ($6,600) 5/25/2007

Jun-07 Put- Expired NYMEX 1/3/2007 130,000 5.500 (0.300) ($39,000) 512512007

Jun-07 Call (Sold) - Expired NYMEX 113/2007 130,000 10.000 (0.160) ($20,800) 512512007

Jun-07 Put - Expired NYMEX 11412007 140,000 5.500 (0.300) ($42,000) 5125/2007

Jun-07 Call (Sold) - Expired NYMEX 1/412007 140,000 10.000 (0.150) ($21,000) 5/25/2007

Jul-07 Call - Expired NYMEX 11/6/2006 50,000 8.100 0.919 $45,950 6/26/2007

Jul-07 Put- Expired NYMEX 111812006 50,000 6.000 (0.330) ($16,500) 6/28/2007

Jul-07 Call (Sold) - Expired NYMEX 11/612006 50,000 14.000 (0.110) ($5,500) 6/26/2007

Jul-07 Carl - Expired NYMEX 12/1/2006 50,000 8.200 1.164 $69,840 6/26/2007

Jul-07 Put- Expired NYMEX 12/1/2006 60,000 5.000 (0.240) ($14,400) 612612007

Jul-07 Call (Sold) - Expired NYMEX 12/112006 60,000 14.000 (0.150) ($9,600) 5126/2007

Jul-07 CalJ - Expired NYMEX 1/4/2007 210,000 7.250 0.760 $159,800 6/26/2007

Jul-07 Put- Expired NYMEX 11412007 210,000 5.500 (0.350) ($73,500) 6/26/2007

Ju]-07 Call (Sold) - Expired NYMEX 114/2007 210,000 11.000 (0.150) ($31,500) 612812007

Jul-07 Call - Expired NYMEX 6/25/2007 220,000 7.100 0.020 $4,400 612612007

Jul-07 Put- Expired NYMEX 6/2512007 220,000 6.850 (0.020) ($4,400) 6128/2007

Aug-07 Put - Exercised NYMEX 1116/2006 5O,000 5.000 (0.370) ($18,500) 7/26/2007

Aug-07 Put- Exercised NYMEX 121112006 60,000 6.000 (0.240) ($14,400) 7/28/2007

Aug-07 Put- Exercised NYMEX 1/4/2007 60,000 6000 (0.535) ($32,100) 7125/2007

Aug-07 Put - Exercised NYMEX 31112007 60,000 6.250 (0.200) ($12,000) 7126/2007

Aug-07 Put - Exercised NYMEX 6/29/2007 110,000 6.000 (0.080) ($8,800) 712612007

Aug-07 Sold Futures NYMEX 7/2612007 280,000 5.943 712612007

Aug-07 Sold Futures NYMEX 712612007 60,000 5.943 7126/2007

Aug-O7 Call - EXPIRED NYMEX 11/6/2006 50,000 8.350 0.979 $48,950 712612007

Aug-07 Call (Sold) - EXPIRED NYMEX 11/6/2006 50,000 15.000 (0.130) ($6,500) 7126/2007

Aug-07 Call- EXPIRED NYMEX 12/112006 60,000 8.250 1.300 $78,000 7/2612007

Aug-07 Call (Sold) - EXPIRED NYMEX 12/112006 60,000 14.000 (0.300) ($18,000) 712612007

Aug-07 Call- EXPIRED NYMEX 1/412007 60,000 6.950 1.050 $63,000 7126/2007

Aug-07 Call (Sold) - EXPIRED NYMEX 114/2007 60,000 11.000 (0.230) ($13,800) 7128/2007

Aug-07 CaU - EXPIRED NYMEX 2/1/2007 50,000 9.400 0.540 $27,000 7/2512007

Aug-07 Call (Sold) - EXPIRED NYMEX 21112007 50,000 14.000 (0.080) ($4,000) 7/26/2007

Aug-07 Call - EXPIRED NYMEX 3/1/2007 60,000 7.950 0.870 $40,200 712812007

Aug-07 Call - EXPIRED NYMEX 612612007 160,000 7.300 0.280 $44,800 712812007

Aug-07 Call- EXPIRED NYMEX 512912007 110,000 6.750 0.350 $38,500 712612007

Sep-07 Put- EXERCISED NYMEX 111312006 60,000 6.000 (0.380) ($22,800) 8/28/2007

Sep-07 Put- EXERCISED NYMEX 12/1/2006 60,000 8.000 (0.340) ($20,400) 8/2812007

Sep-07 Put - EXERCISED NYMEX 11412007 50,000 6.000 (0.580) ($29,000) 812812007

Sep-07 Put- EXERCISED NYMEX 3/1/2007 60,000 6.250 (0.250) ($18,000) 8128/2007

Sep-07 Put- EXERCISED NYMEX 612912007 290,000 6.000 (0.270) ($78,300) 8/2812007

Sep-07 SOLD FUTURES NYMEX 8/2812007 60,000 5.593 812812007

Sep-07 SOLD FUTURES NYMEX 8/28/2007 60,000 5.593 8/28/2007

Sep-07 SOLD FUTURES NYMEX 8/28/2007 50,000 5.593 8/2812007

Sep.-07 SOLD FUTURES NYMEX 8/28/2007 60,000 5.593 812812007

Sep-07 SOLD FUTURES NYMEX 812812007 290,000 5.593 812812007

Sep-07 Call - EXPIRED NYMEX 111312006 60,000 8.700 1.179 $70,740 812812007

Sep-07 Call (Sold). EXPIRED NYMEX 111312006 80,000 14.000 (0.320) ($19,200) 8/2812007

Sep-07 Call- EXPIRED NYMEX 12/1/2006 60,000 8.300 1.404 $84,240 8/28/2007

Sep-07 Call (Sold) - EXPIRED NYMEX 12/112006 60,000 14.500 (0.300) ($18,000) 8/2812007

Sep-07 CaU - EXPIRED NYMEX 1/4/2007 50,000 7.150 1.080 $54,000 8/2812007

Sep-07 Call (Sold) - EXPIRED NYMEX 1/412007 50,000 12.000 (0.220) ($11,000) 812812007

Sep-07 Call - EXPIRED NYMEX 2/1/2007 60,000 10.000 0.550 $33,000 8/2812007

Sep-07 Call (Sold) - EXPIRED NYMEX 2/1/2007 60,000 15.000 (0.100) ($6,000) 8/2812007

Sep-07 Call- EXPIRED NYMEX 3/112007 60,000 8.150 0.726 $43,560 8/2812007

Sep-07 Call- EXPIRED NYMEX 6/2912007 290,000 7.050 0.540 $156,600 8/28/2007

Oct-07 Call- EXPIRED NYMEX 1113/2006 90,000 8.650 1.310 $117,900 912612007

Oct-07 Put- EXPIRED NYMEX 111312006 90,000 5.000 (0.411) ($36,990) 9126/2007

Oct-07 Call (Sold) * EXPIRED NYMEX 111312006 90,000 14.000 (0.420) ($37,800) 9/26/2007

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$6.OOO

$0.000

;0.000

;0.000

;0.000

;0.000

;0.000

;0.000

;O.O00

_.000

;0.000

;0.000

low O0O

$0.000

$6.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.0_0

$(3.000

$6.000

$0.000

$0.000

$0.000

$0.000

$0.000

$6.000

$6.0O0

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$6.0O0

$0.000

$6.000

$6.0O0

$0.000

$0.0OO

$0.000

$0.000

$6.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.0C0

$6.OO0

$0.000

$0 ($67,200)

$0 ($71,500)

$76,680 $76,680

$76,570 $76,570

$0 ($48,660)

$0 $16,800

$0 $4,800

$0 ($49,440)

$0 $3,600

$0 $28.25O

$0 $39,900

$0 $36,400

$0

$0 ($93,600)

$0 ($99,400)

$83,460 $83,460

$89,880 $89,880

$0 ($61,530)

$0 $21,000

$0 $7,000

$0 ($66,240)

$(3 $13,800

$0 $6,600

$0 $39,000

$0 $20,8OO

$0 $42,000

$0 $21,000

$0 ($45,950)

$0 $16,500

$0 $5,500

$0 ($69,840)

$0 $14,400

$0 $9,600

$0 ($159,600)

$0 $73,500

$0 $31,500

$0 ($4,400)

$0 $4,400

$0 $18,500

$0 $14,400

$0 $32,100

$0 $12,000

$0 $8,8OO

($15,960) ($15,960)

($18,420) ($18,420)

$0 ($48,950)

$0 $6,500

$0 ($79,000)

$0 $18,000

$0 ($63,000)

$0 $13,800

$0 ($27,OO0)

$0 $4,000

$0 ($40,200)

$0 ($44,800)

$0 ($38,500)

$0

$0 $22,800

$0 $20,400

$0 $29,000

$0 $15,000

$O $78,300

($24,420) ($24,420)

($24,420) ($24,420)

($20,350) ($20,350)

($39,420) ($39,420)

($118,030) ($118,030)

$0 ($70,740)

$0 $19,200

$0 ($84,240)

$0 $18,000

$0 ($54,000)

$0 $11,000

$0 ($33,000)

$0 $6,000

$0 ($43,560)

$0 ($156,600)

$0 ($117,900)

$0 $36,990

$0 $37,800

G:\GasAccounting\GASACC%DEFERRED-Carolinas_009VAonthly Hedging Acct Reporis-Filed-SCV-ledging Position and Mark-to-Market as of December 31, 2008

Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07Oct-07

Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07Nov-07

Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07Dec-07

Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08Jan-08

Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08Feb-08

Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08Mar-08

Apr-08Apr-08Apr-08Apr-08Apr-08Apr-08Apr-08Apr-08Apr-08

SUMMARY:


Call (Sold) - EXPIREDCall - EXPIREDPut - EXPIRED

Call (Sold) - EXPIREDCall - EXPIRED


Call (Sold) - EXPIREDCall - EXPIRED



Call (Sold) - EXPIREDCall - EXPIREDPut - EXPIREDCall - EXPIREDPut - EXPIRED





Call (Sold) - EXPIREDCall - EXPIREDPut - EXPIREDCall - EXPIREDPut - EXPIREDCall - EXPIREDPut - EXPIRED








Call (Sold) - EXPIREDCall- EXPIREDPut - EXPIRED

Call - ExercisedSold Futures



Call (Sold) - EXPIREDCall - Exercised

Sold FuturesPut - EXPIRED










Put - EXPIREDCall - Exercised



Sold Futures

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX


NYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEX



NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX



NYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX

12/1/200612/1/200612/1/20061/4/20071/4/20071/4/20072/1/20072/1/20073/1/20073/1/20073/1/2007

6/29/20076/29/2007

9/22/20069/22/20069/22/20067/2/20077/2/2007

7/25/20077/25/20077/25/20078/23/20078/23/200710/3/20071 0/3/2007

6/5/20076/5/20076/5/20077/3/20077/3/20077/3/20078/1/20078/1/20078/1/2007

8/23/20078/23/20079/4/20079/4/200710/3/200710/3/2007

6/5/20076/5/20076/5/20077/2/20077/2/20077/2/20078/1/20078/1/20078/1/20079/6/20079/6/2007

11/26/200711/26/2007

6/5/20076/5/20076/5/20077/2/20077/2/20077/2/20078/1/20078/1/20078/1/20079/6/20079/6/2007

11/30/20071/28/2008

11/30/2007

6/5/20076/5/20076/5/20077/3/2007

2/26/20087/3/20077/3/20078/1/20078/1/20078/1/2007

8/28/20072/26/20088/28/20078/28/20079/4/2007

2/26/20089/4/20079/4/2007

10/23/20072/26/200810/23/200710/23/2007

8/29/20073/28/20088/29/200712/6/20073/26/200812/6/200712/6/20073/3/2008

3/26/2008

80,00080,00080,00090,00090,00090,00090,00090,00090,00090,00090,000

430,000430,000

80,00080,00080,000

220,000220,000160,000160,000160,000160,000160,000140,000140,000

100,000100,000100,000100,000100,000100,000100,000100,000100,000300,000300,000190,000190,000200,000200,000

110,000110,000110,000110,000110,000110,000110,000110,000110,000540,000540,000220,000220,000

90,00090,00090,00080,00080,00080,00090,00090,00090,000

420,000420,000170,000170,000170,000

70,00070,00070,00060,00060,00080,00060,00070,00070,00070,000

200,000200,000200,000200,000130,000130,000130,000130,000130,0001 30,000130,000130,000

120,000120,000120,000120,000120,000120,000120,00060,00060,000

21 450 000

8.4006.00015 0007.2006 00012.0008.60013.0008.0508.25013.0008.45011.000

9.4005.50014.0008.1506.8007.3506.00011.0007.3005.8009 1506.250

10 2507 00013.5008.6008.70012.0008.7506.75012.2508.6006.3007.9506.3507.9506 700

10.5007.00013 5009.0506.5001 3.0009.4506 75013.5008.4008.4508.4007.000

10.4507.00013 5008.7006.50012.0009.5506 50013.5008 5006.4508.0008.10110.100

10.2506.75013.5008.6509 2066.50013 1009.7506.25013.5007.9509.2066.25012.5007.8009.2066.35013.0007 7509 2086.40012 000

8.1009.5726.0007.7009.5726.00010.0009 2509.572

1 508(0.400)(0.344)1.230

(0.620)(0.330)1 000

(0.240)0.920

(0.320)(0 160)0.420

(0 140)

1.120(0.350)(0 450)0 794

(0.480)0.860

(0.370)(0 190)0 565

(0.300)0.040

(0.053)

1.030(0.160)(0.390)1.055

(0.270)(0 330)0.900

(0.310)(0.260)0.530

(0.220)0.540

(0 260)0.580

(0.120)

1.185(0.160)(0.550)1.100

(0.200)(0.350)0.948

(0.285)(0.285)0.670

(0.200)0.395

(0.080)

1.350(0 200)(0.670)1.340

(0.250)(0.550)1.006

(0.270)(0.360)0.720

(0.250)0.425

(0.100)

1.400(0 220)(0.700)1.335

(0.330)(0.450)1.020

(0 260)(0.420)0.960

(0.300)(0.200)0.950

(0 340)(0.160)0.800

(0.240)(0.120)

0.543

(0 250)0 500

(0.100)(0.120)0.550

$120,640($32,000)($27,520)$110,700($55,800)($29,700)$90,000($21,600)$82,800($28,800)($14,400)$180,600($60,200)

$89,600($28,000)($36,000)$174,680($105,600)$137,800($59,200)($30,400)$90,400($48,000)$5,800($7,420)

$103,000($16,000)($39,000)$105,500($27,000)($33,000)$90,000($31,000)($26,000)$159,000($66,000)$102,800($49,400)$116,000($24,000)

$130,350($17,600)($60,500)$121,000($22,000)($38,500)$104,060($31,350)($31,350)$361,800($108,000)$86,900($17,600)

$121,500($18,000)($60,300)$107,200($20,000)($44,000)$90,540($24,300)($32,400)$302,400($105,000)$72,250

($17,000)

$98,000($15,400)($49,000)$80,100

($19,800)($27,000)$71,400($18,200)($29,400)$192,000

($60,000)($40,000)$123,500

($44,200)($20,800)$104,000

($31,200)($15,600)

$65,160

($30,000)$60,000

($12,000)($14,400)$33,000

$2 971 850

9/26/20079/26/20079/26/20079/26/20079/28/20079/28/20079/26/20079/26/20079/26/20079/26/20079/26/20079/26/20079/26/2007

10/26/20071 0/26/200710/26/200710/26/200710/26/200710/26/20071 0/26/200710/26/200710/26/200710/26/20071 0/26/20071 0/26/2007

11/8/200711/8/200711/8/200711/8/200711/8/200711/8/200711/8/20071 1/8/20071 1/8/200711/8/200711/8/200711/8/200711/8/200711/8/200711/8/2007

12/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/200712/26/2007

1/29/20081/29/20081/29/20081/29/20081/29/20081/29/20081/29/20081/29/20081/29/20081/29/20081/29/20081/28/20081/28/20081/29/2008

2/27/20082/27/20082/27/20082/26/20082/26/20082/27/20082/27/20082/27/20082/27/20082/27/20082/26/20082/26/20082/27/20082/27/20082/26/20082/26/20082/27/20082/27/20082/26/20082/26/20082/27/20082/27/2008

3/26/20083/28/20083/26/20083/26/20083/26/20083/26/20083/26/20083/26/20083/26/2008

$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0 000

$0.000$0 000$0.000$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0 000

$0 000$0.000$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0.000$0 000$0.000$0.000$0.000

$0.000$0.000$0 000$0.000$0.000$0.000$0 000$0.000$0 000$0.000$0 000$0.000$0.000

$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0 000$0 000$0.000$0.00$0.00$0.000

$0 000$0 000$0.000$0.00$0 00$0.000$0.000$0 000$0 000$0.000$0.00$000$0.000$0.000$0.00$0.00$0.000$0.000$0.00$0.00$0.000$0.000

$0.00$0.00$0.000$0.00$0.00$0.000$0.000$0.00$0.00

$0$0$0$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0$0$0$0$0$0$0$0$0

$0$0$0$0$0$0$0$0$0$0$0

$0.00$17,190.65

$0

$0$0$0

$0.00$33,360.00

$0$0$0$0$0

$0.00$251,200.00

$0$0

$0.00$182,780.00

$0$0

$0.00$189,280.00

$0$0

$0.00$176,640.00

$0$0.00

$224,640.00$0$0

$0.00$19,320.00

$1 159,981

($120,640)$32,000$27,520

($110,700)$55,800$29,700($90,000)$21,600($82,800)$28,800$14,400

($180,600)$60,200

($89,600)$28,000$36,000

($174,680)$105,800($137,600)$59,200$30,400($90,400)$48,000($5,600)$7,420

($103,000)$16,000$39,000

($105,500)$27,000$33,000($90,000)$31,000$26,000

($159,000)$66,000

($102,600)$49,400

($116,000)$24,000

($130,350)$17,600$60,500

($121,000)$22,000$38,500

($104,060)$31,350$31,350

($381,800)$108,000($86,900)$17,600

($121,500)$18,000$60,300

($107,200)$20,000$44,000($90,540)$24,300$32,400

($302,400)$105,000

($72,250 00)$17,190.65

$17,000

($98,000)$15,400$49,000

($80, 100.00)$33,360.00

$19,800$27,000($71,400)$18,200$29,400

($192,000 00)$251,200.00

$60,000$40,000

($123,500.00)$182,780.00

$44,200$20,800

($104,000 00)$189,280 00

$31,200$15,800

($65, 160.00)$178,640 00

$30,000($80,000.00)$224,840.00

$12,000$14,400

($33,000.00)$19,320.00

$1 811 869' Underlying Price of Exercised Call Option

GAGasAccounting)GASACC)DEFERRED-Carolinas)2009Wlonthly Hedging Acct Reports-Ftled-SC)Hedging Posibon and Mark-to-Market as of December 31, 2008

Oct-07 Call-EXPIREDNYMEX12/1120(3680,0008.400 1508 $120,640 9/26/2007

Oct-07 Put- EXPIRED NYMEX 121112006 80,000 6.000 (0.400) ($32,000) 9/2612007

Oct-07 Call (Sold) - EXPIRED NYMEX 121112006 80,000 15.000 (0.344) ($27,520) 9/26/2007

Oct-07 Call - EXPIRED NYMEX 11412007 90,000 7.200 1.230 $110,700 912612007

Oct-07 Put - EXPIRED NYMEX 1/4/2007 80,000 6.000 (0.620) ($55,800) 9/26/2007

Oct-07 Call (Sold) - EXPIRED NYMEX 11412007 90,000 12.000 (0.330) ($29,700) 9/26/2007

Oct-07 Call - EXPIRED NYMEX 2/112007 90,000 8.600 1.000 $90,000 9/26/2007

Oct-07 Call (Sold) - EXPIRED NYMEX 21112007 90,000 13.000 (0.240) ($21,600) 9/2612007

Oct-07 Call- EXPIRED NYMEX 311/2007 90,000 8.050 0.920 $82,800 912812007

Oct-07 Put - EXPIRED NYMEX 3/1/2007 90,000 6.250 (0.320) ($28,800) 9126/2007

Oct-07 Call (Sold) - EXPIRED NYMEX 3/1/2007 90,000 13.000 (0.160) ($14,400) 9/26/2007

Oct-07 Call - EXPIRED NYMEX 6/29/2007 430,000 8.450 0.420 $180,600 9126/2007

Oct-07 Call (Sold) - EXPIRED NYMEX 612912007 430,000 11.000 (0.140) ($60,200) 812812007

Nov-07 Call - EXPIRED NYMEX 9/22/2006 80,000 9.400 1.120 $89,600 1012612007

Nov-07 Put - EXPIRED NYMEX 9/22/2006 80,000 5.500 (0.350) ($28,000) 1012612007

Nov-07 Call (Sold) - EXPIRED NYMEX 9/22/2006 80,000 14.000 (0.450) ($36,000) 10/26/2007

Nov-07 Call- EXPIRED NYMEX 7/2/2007 220,000 8.150 0.794 $174,680 1012612007

Nov-07 Put - EXPIRED NYMEX 71212007 220,000 6.800 (0.480) ($105,600) 10/26/2007

Nov-07 Call - EXPIRED NYMEX 712512007 160,000 7.350 0.860 $137,600 10128/2007

Nov-07 Put- EXPIRED NYMEX 7/25/2007 160,000 6.000 (0.370) ($59,200) 10/26/2007

Nov-07 Call (Sold) - EXPIRED NYMEX 7/25/2007 160,000 11.000 (0.190) ($30,400) 10/26/2007

Nov-07 Call- EXPIRED NYMEX 812312007 160,000 7.300 0.565 $90,400 10126/2007

Nov-07 Put - EXPIRED NYMEX 812312007 160,000 5.800 (0.300) ($48,000) 10/26/2007

Nov-07 Call - EXPIRED NYMEX 101312007 140,000 9.150 0.040 $5,600 1012612007

Nov-07 Put- EXPIRED NYMEX 101312007 140,000 6.250 (0.053) ($7,420) 10/26/2007

Dec-07 Call- EXPIRED NYMEX 6/5/2007 100,000 10.250 1.030 $103,000 111812007

Dec-07 Put - EXPIRED NYMEX 61512007 100,000 7.000 (0.160) ($16,000) 11/8/2007

Dec-07 Call (Sold) - EXPIRED NYMEX 6/5/2007 100,000 13.500 (0.390) ($39,000) 11/8/2007

Dec-07 Call - EXPIRED NYMEX 71312007 100,000 8.600 1.055 $105,500 111812007

Dec-07 Put- EXPIRED NYMEX 713/2007 100,000 6.700 (0.270) ($27,000) 11/8/2007

Dec-07 Call (Sold) - EXPIRED NYMEX 7/312007 100,000 12.000 (0.330) ($33,000) 11/8/2007

Dec-07 Call- EXPIRED NYMEX 81112007 100,000 8.750 0.900 $90,000 11/8/2007

Dec-07 Put - EXPIRED NYMEX 81112007 100,000 6.750 (0.310) ($31,000) 111812007

Dec-07 Call (Sold) - EXPIRED NYMEX 81112007 100,000 12.250 (0.260) ($26,000) 111812007

Dec-07 Call- EXPIRED NYMEX 8/23/2007 300,000 8.600 0.530 $159,000 111812007

Dec-07 Put - EXPIRED NYMEX 6/2312007 300,000 6.300 (0.220) ($66,000) 1118/2007

Dec-07 Call- EXPIRED NYMEX 9/4/2007 190,000 7.950 0.540 $102,600 11/8/2007

Dec-07 Put- EXPIRED NYMEX 9/4/2007 190,000 6.350 (0.260) ($49,400) 111812007

Dec-07 Call - EXPIRED NYMEX 10/3/2007 200,000 7.950 0.580 $116,000 11/8/2007

Dec-07 Put- EXPIRED NYMEX 101312007 200,000 6.700 (0.120) ($24,000) 111812007

Jan-08 Call- EXPIRED NYMEX 61512007 110,000 10.500 1.185 $130,350 1212612007

Jan-08 Put - EXPIRED NYMEX 61512007 110,000 7.000 (0.160) ($17,600) 12/2612007

Jan-08 Call (Sold) - EXPIRED NYMEX 61512007 110,000 13.500 (0.550) ($60,500) 12/26/2007

Jan-08 Call - EXPIRED NYMEX 71212007 110,000 9.050 1.100 $121,000 12/26/2007

Jan-08 Put- EXPIRED NYMEX 7/2/2007 110,000 6.500 (0.200) ($22,000) 12/26/2007

Jan-08 Call (Sold) - EXPIRED NYMEX 7/2/2007 110,000 13.000 (0.350) ($38,500) 12126/2007

Jan-08 Call- EXPIRED NYMEX 8/1/2007 110,000 9.450 0.946 $104,060 12/26/2007

Jan-08 Put - EXPIRED NYMEX 81112007 110,000 6.750 (0.285) ($31,350) 12/2812007

Jan-08 Call (Sold) - EXPIRED NYMEX 81112007 110,000 13.500 (0.285) ($31,350) 12/26/2007

Jan-08 Call - EXPIRED NYMEX 91612007 540,000 8.400 0.670 $361,800 12/26/2007

Jan-08 Put- EXPIRED NYMEX 9/6/2007 540,000 6.450 (0.200) ($108,000) 12/26/2007

Jan-08 Call- EXPIRED NYMEX 11126/2007 220,000 8.400 0.395 $86,900 12/26/2007

Jan-08 Put - EXPIRED NYMEX 11/26/2007 220,000 7.000 (0.080) ($17,600) 12/26/2007

Feb-08 Call - EXPIRED NYMEX 81512007 90,000 10.450 1.350 $121,500 1129/2008

Feb-08 Put- EXPIRED NYMEX 6/512007 90,000 7.000 (0.200) ($18,000) 112912008

Feb-08 Call (Sold) - EXPIRED NYMEX 615/2007 90,000 13.500 (0.670) ($60,300) 112912008

Feb-08 Call- EXPIRED NYMEX 7/2/2007 80,000 8.700 1.340 $107,200 1/29/2008

Feb-08 Put- EXPIRED NYMEX 712/2007 80,000 6.500 (0.250) ($20,000) 1/29/2008

Feb-08 Call (Sold) - EXPIRED NYMEX 7/2/2007 80,000 12.000 (0.550) ($44,000) 112912008

Feb-08 Call- EXPIRED NYMEX 6/112007 90,000 9.550 1.006 $90,540 1/29/2008

Feb-08 Put - EXPIRED NYMEX 8/1/2007 90,000 8.500 (0.270) ($24,300) 1/26/2008

Feb-08 Call (Sold) - EXPIRED NYMEX 8/1/2007 90,000 13.500 (0.360) ($32,400) 112912008

Feb-08 Call- EXPIRED NYMEX 9/6/2007 420,000 8.500 0.720 $302,400 1/29/2008

Feb-08 Put- EXPIRED NYMEX 9/6/2007 420,000 6.450 (0.250) ($105,000) 112912008

Feb-08 Call- Exercised NYMEX 11/30/2007 170,000 8.000 0.425 $72,250 112812008

Feb-08 Sold Futures NYMEX 1/28/2008 170,000 8.101 1/28/2008

Feb-08 Call (Sold) - EXPIRED NYMEX 1113012007 170,000 10.100 (0.100) ($17,000) 1/29/2008

Mar-08 Call - EXPIRED NYMEX 61512007 70,000 10.250 1.400 $98,000 2/2712008

Mar-08 Put - EXPIRED NYMEX 61512007 70,000 6.750 (0.220) ($15,400) 2/2712008

Mar-08 Call (Sold) - EXPIRED NYMEX 6/5/2007 70,000 13.500 (0.700) ($49,000) 2/2712008

Mar-08 Call - Exercised NYMEX 7/3/2007 60,000 8.650 1.335 $80,100 2/26/2008

Mar-08 Sold Futures NYMEX 2/2612008 60,000 9.206 2/2612008

Mar-08 Put- EXPIRED NYMEX 713/2007 80,000 6.500 (0.330) ($19,800) 2/2712008

Mar-08 Call (Sold) - EXPIRED NYMEX 7/3/2007 60,000 13.100 (0.450) ($27,000) 212712008

Mar-08 Call- EXPIRED NYMEX 8/1/2007 70,000 9.750 1.020 $7t,400 212712008

Mar-08 Put - EXPIRED NYMEX 8/1/2007 70,000 6.250 (0.260) ($18,200) 2/27/2008


Mar-08 Call - Exercised NYMEX 8/28/2007 200,000 7.950 0.960 $192,000 2/26/2008

Mar-08 Sold Futures NYMEX 2/2612008 200,000 9.206 2/2612008

Mar-08 Put- EXPIRED NYMEX 6/28/2007 200,000 6.250 (0.300) ($60,000) 2/2712008

Mar-08 Call (Sold) - EXPIRED NYMEX 8/28/2007 200,000 12.500 (0.200) ($40,000) 2/27/2008

Mar-08 Call- Exercised NYMEX 9/4/2007 130,000 7.800 0.950 $123,500 2/2612008

Mar-08 Sold Futures NYMEX 2/2612008 130,000 9.206 2/26/2008

Mar-08 Put - EXPIRED NYMEX 9/4/2007 130,000 6.350 (0.340) ($44,200) 2/2712008


Mar-08 Call - Exercised NYMEX 10/2312007 130,000 7.750 0.800 $104,000 2/26/2008

Mar-08 Sold Futures NYMEX 2/2612008 130,000 9.206 2/26/2008

Mar-08 Put- EXPIRED NYMEX 10/23/2007 130,000 6.400 (0.240) ($31,200) 2/2712008

Mar-08 Call (Sold) - EXPIRED NYMEX 1012312007 130,000 12.000 (0.120) ($15,600) 2/2712008

Apt-08 Call- Exercised NYMEX 812912007 120,000 8.100 0.543 $65,160 312612008

Apr-08 Sold Futures NYMEX 3/2612008 120,000 9.572 3/26/2008

Apr-08 Put- EXPIRED NYMEX 8/29/2007 120,000 6.000 (0.250) ($30,000) 312612008

Apr-08 Call- Exercised NYMEX 12/6/2007 120,000 7.700 0.500 $60,000 3/26/2008

Apr-08 Sold Futures NYMEX 3/26/2008 120,000 9.572 312812008

Apr-08 Put- EXPIRED NYMEX 121812007 120,000 6.000 (0.100) ($12,000) 312612008

Apr-08 Call (Sold) - EXPIRED NYMEX 12/6/2007 120,000 10.000 (0.120) ($14,400) 3/26/2008

Apr-08 Call- Exercised NYMEX 3/3/2008 60,000 9.250 0.550 $33,000 3/26/2008

Apt-08 Sold Futures NYMEX 3/26/2008 60,000 9.572 3/26/2008

$0.000 $0 ($120,640)

$0.000 $0 $32,000

$0.000 $0 $27,520

$0.000 $0 ($110,700)

$0.000 $0 $55,800

$0.000 $0 $29,700

$0.000 $0 ($90,000)

$0.000 $0 $21,600

$0.000 $0 ($82,800)

$0.000 $0 $28,800

$0.000 $0 $14,400

$0.000 $0 ($180,600)

$0.000 $0 $60,200

$0.000 $0 ($89,600)

$0.000 $0 $28,000

$0.000 $0 $36,000

$0.000 $0 ($174,680)

$0.000 $0 $105,600

$0.0OO $0 ($137,600)

$0.000 $0 $59,200

$0.000 $0 $30,400

$0.000 $0 ($90,400)

$0.000 $0 $48,000

$0.000 $0 ($5,600)

$0.000 $0 $7,420

$0.000 $0 ($103,000)

$0.000 $0 $16,000

$0.000 $0 $39,000

$0.000 $0 ($105,500)

$0.000 $0 $27,000

$0.000 $0 $33,000

$0.000 $0 ($90,000)

$0.000 $0 $31,000

$0.000 $0 $26,000

$0.000 $0 ($159,000)

$0.000 $0 $66,000

$0.000 $0 ($102,600)

$0.000 $0 $49,400

$0.000 $0 ($116,000)

$0.0OO $0 $24,000

$0.000 $0 ($130,350)

$0.000 $0 $17,600

$0.000 $0 $60,500

$0.000 $0 ($121,000)

$0.000 $0 $22,000

$0.000 $0 $38,500

$0.000 $0 ($104,060)

$0.000 $O $31,350

$0.000 $0 $31,350

$0.000 $0 ($361,800)

$0.000 $0 $108,000

$0.000 $0 ($86,900)

$0.000 $0 $17,600

;0.000 $0 ($121,500)

;0.000 $0 $18,000

_0.000 $0 $60,300

;0.000 $0 ($107,200)

;0.000 $0 $20,000

;0.000 $0 $44,000

;0.000 $0 ($90,540)

;0.000 $0 $24,300

;0.000 $0 $32,400

;0.000 $0 ($302,400)

;0.000 $0 $105,000

0.00 $0.00 ($72,250.00)

;0.00 $17,190.65 $17,190.65

;O.OCO $0 $17,000

$0.000 $0 ($98,000)

$0.000 $0 $15,400

$0.000 $0 $49,000

$0.00 $0.00 ($80,100.00)

$0.00 $33,360.00 $33,360.00

$0.000 $0 $19,800

$0.000 $0 $27,000

$6.000 $0 ($71,400)

$0.000 $0 $18,200

$0.000 $0 $29,400

$0.00 $0.00 ($192,000.00)

$0.00 $251,200.00 $251,200.00

$0.000 $0 $60,000

$0.000 $0 $40,0(0

$0.00 $0.00 ($123,500.00)

$0.00 $182,780.00 $182,780.00

$0.000 $0 $44,200

$0.000 $0 $20,800

$0.00 $0.00 ($104,000.00)

$0.00 $189,280.00 $189,280.00

$0.000 $0 $31,200

$0.000 $0 $15,600

$0.00 $0.00 ($65,160.00)

$0.00 $176,640.00 $176,640.00

$0.000 $0 $30,000

$0.00 $6.00 ($60,000.00)

$0.00 $224,640.00 $224,840.00

$0.000 $0 $12,000

$0.000 $0 $14,400

$0.00 $0.00 ($33,000.00)

$6.00 $18,320.00 $19,320.00

SUMMARY: 21t450tO00 $2p971r850 $1r159,981

• Underlying Price of Exercised Call Option

G:\GasAccounting\GASACC\DEFERRED-Carolinas_009WIonthly Hedging Acct Reports-Filed-SC_Hedging PositLon and Mark-to-Market as of December 31, 2008

($1 r811 f869}

Mark-to-Market ReportSC Hed in Plan

Closed Positions - Seventh Review Period

Period Tool

M MBtusOriginal Trade Purchased Per Strike/Fixed Purchase

Counterparty Date Month Price PnceOriginal Purchase Trade Expiration Trad Expiration

Cost/Proceeds Date PriseNet Value Realized

Realized Value Gain or (Loss)

May-08May-08May-08May-08May-08May-08May-08May-OB

May-08May-08May-08May-08May-08May-08May-08May-08May-08May-08May-08May-08May-08May-08May-08

Jun-08Jun-08Jun-08Jun-08Jun-08Jun-08Jun-08Jun-08Jun-08

Jul-08Jul-08JUI-08Jul-08Jul-08Jul-08Jul-08Jul-08Jul-08Jul-08Jul-08

Jul-08

Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08Aug-08

Sep-08Sap-08Sep-08Sep-08Sep-08Sep-08Sep-08Sap-08Sap-08Sep-08Sep-08Sep-08Sap-08Sap-08Sap-08

Call (Bought)- OFFSETPut (Sold)- OFFSETCall(Sold)- OFFSETCall (Sold)- OFFSET

Put (Bought)- OFFSETCall (Bought)- OFFSETCall (Bought)- OFFSET

Put(Sold)- OFFSETCall (Sold)- OFFSETCall (Sold)- OFFSET

Put (Bought)- OFFSETCall (Bought)- OFFSET




Put - EXPIREDPut - EXPIRED

Call (Sold) - EXPIREDPut - EXERCISEDSOLD FUTURES

Call - ExeresedSold Futures

Call (Sold) - ExpiredCall - Exeresed

all (Sold) - Option AssignrOption AssignedCall - Exercised

Sold FuturesPut - Expired


Call (Sold) - ExpiredCall - Exercised

Put —ExpiredCall (Sold)

Call - ExercisedCall (Sold)


Call- ExeresedSold Futures

Put - OFFSETPut(Bought) - OFFSET


Call - ExpiredCall (Sold) - ExpiredCall (Sold) - Expired


Call (Sold) - ExpiredCall - Exercised

Sold FuturesCall - Exercised

Sold FuturesCall - Expired



Call - ExpiredCall (Sold) - Expired



Call - ExpiredCall - Expired

Cell (Sold) - ExpiredCall - ExpiredPut —Expired

NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX



NYMEXNYMEXNYMEX




NYMEXNYMEX

NYMEX

NYMEXNYMEX


NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

9/4/20079/4/20079/4/20079/7/20079/7/20079/7/20079/4/20079/4/20079/4/2007

9/1 0/20079/10/20079/10/20078/30/20074/25/200812/7/20074/25/20083/3/2008

4/25/20088/30/20071 2/7/200712/7/20074/25/20084/28/2008

11/5/20075/27/200811/5/200712/7/200712/7/20075/27/20083/3/2008

5/27/200812/7/2007

11/5/20076/25/200811/5/200712/6/200712/6/200712/6/20071/4/20081/4/20082/1/2008

6/25/20083/3/2008

6/25/2008

12/7/20073/12/20081/3/2008

3/12/20081 1/5/200711/5/200712/7/200712/7/20077/28/20081/3/20081/3/2008

7/28/20082/1/2008

7/28/20083/3/2008

12/6/20073/12/20081/3/2008

3/13/200811/5/200711/5/200712/6/200712/6/20071/3/20081/3/20082/1/20083/4/20083/4/20088/5/20088/5/2008

30,00030,00030,00030,00030,00030,00090,00090,00090,00090,00090,00090,000

120,000120,000120,000120,00060,00060,000

120,000120,000120,00050,00050,000

70,00070,00070,000

190,000190,000190,00070,00070,000

190,000

50,00050,00050,00060,00060,00060,00050,00050,000Bo,ooo60,00050,00050,000

80,00060,00050,00050,00050,00050,00060,00060,00060,00050,00050,00050,00060,00060,00050,000

60,00060,00050,00050,00060,00060,000Bo,ooo60,00050,00050,00080,00060,00060,000

290,000290,000

7.6506.00011.0007.6506.00011 0007.6506.00011.0007.6506.00011 0007.95010.9648.10010.9649.70010.9646.2505.50011.00011 00010.990

9.90011.80113.0008.25011.000

10.10011.8015.500

9.85012.70013.0008.5505.75012.0008.35011.5009.00012.75310.45012.753

5.5005.5006 0006.00010.15013.00012.0008.7009.16312.0008.4009.1638.8509.16311.000

5.5005.5006.000B.ooo10 40013.0008.70012.0008 40012.0009 35010.35014.00011.0007.450

0.690(0.270)(0.130)(0.660)0.2400.1200.690

(0 270)(0.130)(0.700)0.2500.1500 613

0.430

0.545

(0.320)(0.070)(0.070)(0.070)

0.430

(0.100)0.492

(0.100)

(0.100)

0.465

(0.130)0.530

(0.130)(0.100)0.555

(0 080)0 345

0.550

(0.140)0.004

(0 150)0 0070.535

(0.200)(0.140)0.580

(0.150)0.770

0.517

0 550

(0.190)0.010

(0.215)0.0170.620

(0 285)0.710

(0.220)0.900

(0 215)0.4850 794

(0.230)0.050

(0.060)

$20,700($8,100)($3,900)

($19,800)$7,200$3,600$62, 100($24,300)($11,700)($63,000)$22,500$13,500$73,560

$51,600

$32,700

($38,400)($8,400)($8,400)($3,500)

$30,100

($7,000)$93,480($19,000)

$0$39,480

($19,000)

$23,250

($6,500)$31,800($7,800)($8,000)$27,750($4,000)$20,700

$27,500

($8,400)$240

($7,500)$350

$26,750($10,000)($8,400)$34,800

($7,500)$38,500

$31,020

$27,500

($11,400)$600

($10,750)$850

$37,200($17,100)$42,600($13,200)$45,000($10,750)$29,100$47,640($13,800)$14,500($17,400)

9/7/20079/7/20079/7/20079/7/20079/7/20079/7/2007

9/10/20079/10/20079/1 0/20079/10/20079/10/20079/10/20074/25/20084/25/20084/25/20084/25/20084/25/20084/25/20084/28/20084/28/20084/28/20084/28/20084/28/2008

5/27/20085/27/20085/28/20085/27/20085/27/2008

5/27/20085/27/20085/28/2008

6/25/20086/25/20086/25/20086/25/20086/25/20086/25/20086/25/20086/25/20086/25/20086/25/20086/25/20086/25/2008

3/12/20083/12/20083/12/20083/1 2/20087/29/20087/29/20087/29/20087/28/20087/28/20087/29/20087/28/20087/28/20087/28/20087/28/20087/29/2008

3/12/20083/12/20083/13/20083/13/20088/27/20088/27/20088/27/20088/27/20088/27/20088/27/20088/27/20088/27/20088/27/20088/27/20088/27/2008

$0.000$0.000$0.000$0.000$0.000$0.000$0 000$0 000$0.000$0.000$0.000$0.000$0.000$0 00$0.000$0 00$0.000$0.00$0.000$0 000$0 000$0.000$0.000

$0.00$0.00$0.000$0.00$0.00$0.000$0.00$0 00$0.00

$0.00$0.00$0.000$0.00$0.00$0.000$0.00$0.000$0.00$0.00$0.00$0.00

$0 000$0.000$0.000$0.000$0.000$0.000$0.000$0.00$0 00$0.000$0.00$0 00$0.00$0.00$0 000

$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0 000$0 000$0 000$0.000$0.000$0.000$0.000$0.000

$0$0$0$0$0$0$0$0$0$0$0$0

$0.00$361,658.16

$0.00$343,658.16

$0.00$75,829.08

$0$0$0$0

$500

$0.00$133,070 00

$0$0 00$0.00

$522,500$0.00

$119,070.00$0.00

$0.00$142,500.00

$0$0 00$0.00

$207,000.00$0.00

$157,500.00$0.00

$225, 180.00$0.00

$115,150.00

$0$0$0$0$0$0$0

$0.00$27,780.00

$0$0.00

$38, 150.00$0.00

$18,780.00$0

$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0

($20,700)$8,100$3,900

$19,800($7,200)($3,800)

($62,100)$24,300$11,700$83,000($22,500)($13,500)($73,560)

$381,858.16($51,600)

$343,658.16($32,700)

$75,829.08$38,400$8,400$8,400$3,500$500

($30,100.00)$133,070 00

$7,000($93,480.00)$19,000.00$522,500

($39,480.00)$119,070.00$19,000.00

($23,250.00)$142,500 00

$8,500($31,800.00)$7,800.00$213,000

($27,750.00)$161,500

($20,700.00)$225, 180 00($27,500.00)$115,150 00

$8,400($240)$7,500($350)

($26,750)$10,000$8,400

($34,800 00)$27,780 00

$7,500($38,500 00)$38, 150 00($31,020.00)$18,780.00($27,500)

$11,400($600)

$10,750($850)

($37,200)$17,100($42,600)$13,200($45,000)$10,750($29, 100)($47,640)$13,800($14,500)$17,400

Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08Oct-08

Nov-08Nov-08



Call-ExpiredCall (Sold)-Expired



Call-ExpiredCall-Expired

Call (Sold)-ExpiredCall-ExpiredPut-Expired

CallCall (Sold)

NYMEX


NYMEX

NYMEXNYMEXNYMEX

NYMEX

NYMEXNYMEX

NYMEX

NYMEXNYMEX

12/7/20073/12/20081/3/2008

3/12/200811/2/200711/2/200712/7/200712/7/20071/3/20081/3/20082/1/20083/3/20083/3/20088/5/20088/5/2008

6/3/20086/3/2008

80,00080,00090,00090,00090,00090,00080,00080,00090,00090,00090,00080,00080,000

440,000440,000

80,00080,000

4.9004.9005.8005.8009.80013.0008.50012.0008 75013.0009 95011.10015.0009 6507.250

14.25020.000

(0.130)0.010

(0.230)0.0320.960

(0.420)0.890

(0.300)0 945

(0.230)0 4900.800

(0 240)0.470

(0.120)

1.050(0.290)

($10,400)$800

($20,700)$2,880

$86,400($37,800)$71,200($24,000)$85,050($20,700)$44, 100$64,000($19,200)$206,800($52,800)

$84,000($23,200)

3/12/20083/1 2/20083/12/20083/12/20089/26/20089/26/20089/26/20089/26/20089/26/20089/26/20089/26/20089/26/20089/26/20089/26/20089/26/2008

10/29/200810/29/2008

$0.000$0.000$0.000$0.000$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0.000$0.000$0.000

$0.000$0.000

$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0

$0$0

$10,400($800)

$20,700($2,880)

($86,400)$37,800($71,200)$24,000($85,050)$20,700($44, 100)($64,000)$19,200

($206,800)$52,800

($84,000)$23,200

GAGasAccountingtGASACCtDEFERRED-Carolinast2009Wlonthly Hedging Acct Reports-Filed-SC)Hedging Position and Mark-to-Market as of December 31, 2008

IMark-to-Market Report

SC Hedging Plan

Closed Positions - Seventh Review Period

MMBtus

Odginal Trade Purchased Per Strike/Fixed Purchase Odglnel Purchase Trade Expiration Trad Expiration Net Value Realized

Pedod Tool Counterperty Date Month Pdce Pdce Cost/Proceeds Date Price Realized Value Gain or (Loss)

May-08 Call (Bought)- OFFSET NYMEX 9/4/2007 30,000 7.650 0.690 $20,700 9/7/2007 $0.000 $0 ($20,700)

May-08 Put (Sold)- OFFSET NYMEX 91412007 30,000 6.000 (0.270) ($8,100) 9/712007 $6.000 $0 $8,100

May-08 Call (Sold)- OFFSET NYMEX 91412007 30,000 11.000 (0.130) ($3,900) 9/712007 $6.000 $0 $3,900

May-08 Call (Sold)- OFFSET NYMEX 9/712007 30,000 7.650 (0.660) ($19,800) 9/712007 $0.000 $0 $19,800

May-08 Put (Bought)- OFFSET NYMEX 9/712007 30,000 6.000 0.240 $7,200 9/712007 $0.CO0 $0 ($7,200)

May-08 Call (Bought)- OFFSET NYMEX 9/712007 30,000 11.000 0.120 $3,600 9/712007 $0.000 $0 ($3,600)


May-08 Put (Sold)- OFFSET NYMEX 9/4/2007 90,000 6.000 (0.270) ($24,300) 9/10/2007 $0.000 $0 $24,300

May-08 Call (Sold)- OFFSET NYMEX 9/4/2007 90,0OO 11.000 (0.130) ($11,700) 9/10/2007 $0.000 $0 $11,700

May-08 Call (Sold)- OFFSET NYMEX 9110/2007 90,000 7.650 (0.700) ($63,000) 9/10/2007 S0.CO0 $0 $63,000

May-08 Put (Bought)- OFFSET NYMEX 9/1012007 90,000 6.000 0.250 $22,500 9/10/2007 $0.000 $0 ($22,500)


May-08 Call- Exercised NYMEX 8/30/2007 120,000 7.950 0.613 $73,560 412512008 $0.000 $0.00 ($73,560)

May-08 Sold Futures NYMEX 4/25/2008 120,000 10.964 412512008 S0.CO $361,658.16 $361,658.16

May-08 Call - Exercised NYMEX 12/712007 120,000 8.100 0.430 $51,600 412512008 $0.000 $0.00 ($51,600)

May-08 Sold Futures NYMEX 4/25/2008 120,000 10.964 4/25/2008 $6.00 $343,65816 $343,658.16

May-08 Call - Exercised NYMEX 3/312008 60,000 9.700 0.545 $32,700 4/25/2008 $0.000 $0.00 ($32,700)

May-08 Sold Futures NYMEX 4/25/2008 60,000 10.964 4/25/2008 $0.00 $75,829.08 $75,829.08

May-08 Put- EXPIRED NYMEX 8/30/2007 120,000 6.250 (0.320) ($38,400) 4/2812008 $0.000 $0 $38,400

May-08 Put- EXPIRED NYMEX 12/7/2CO7 120,000 5.500 (0.070) ($8,400) 4/28/2008 S0.CO0 $0 $8,400

May-08 Call (Sold) - EXPIRED NYMEX 12/7/2007 120,000 11.000 (0.070) ($8,400) 4/2812008 $0.000 $0 $8,400

May-08 Put- EXERCISED NYMEX 412512008 50,000 11.000 (0.070) ($3,500) 4/28/2008 $0.000 $0 $3,500

May-08 SOLD FUTURES NYMEX 4/28/2008 50,000 10.990 412812008 $0.000 $500 $500

Jun-08 Call - Exercised NYMEX 11/5/2007 70,000 9.900 0.430 $30,100 5/27/2008 S0.CO S0.CO ($30,1CO.CO)

Jun-08 Sold Futures NYMEX 5/27/2008 70,000 11.801 5/27/2008 $0.00 $133,070.00 $133,070.00

Jun-08 Call (Sold) - Expired NYMEX 11/5/2007 70,000 13.000 (0.100) ($7,000) 5/28/2008 $0.000 $0 $7,000

Jun-08 Call- Exercised NYMEX 12/712007 190,000 8.250 0.492 $93,480 5/27/2008 $0.00 $0.00 ($93,480.00)

Jun-06 all (Sold) - Option Assign( NYMEX 12/7/2007 190,000 11.0CO (0.100) ($19,000) 5/27/2008 $0.00 S0.CO $19,000.00

Jun-08 Option Assigned 5/27/2008 190,000 $0 $0.000 $522,500 $522,500

Jun-08 Call- Exercised NYMEX 31312008 70,000 10,100 0.564 $39,480 5/27/2008 $0.00 $0.00 ($39,480.00)

Jun-08 Sold Futures NYMEX 5/27/2008 70,000 11.801 512712008 $0.00 $119,070.00 $119,070.00

3un-08 Put- Expired NYMEX 12/712007 190,000 5.500 (0.100) ($19,000) 512812008 $0.00 $0.00 $19,CO0.00

Jul-08 Call - Exercised NYMEX 1115/2007 50,000 9.850 0.465 $23,250 6/25/2008 $0.00 $0.00 ($23,250.00)

Jul-08 Sold Futures NYMEX 612512008 50,000 12.700 6/25/2008 $0.00 $142,500.00 $142,500.00

Jul-08 Call (Sold) - Expired NYMEX 1115/2007 50,000 13.000 (0.130) ($6,500) 6/2512008 $0.000 $0 $6,500

Jul-08 Call- Exercised NYMEX 121612007 60,000 8.550 0.530 $31,800 612512008 $0.CO $0.00 ($31,800.00)

Jul-08 Put- Expired NYMEX 12/6/2007 60,000 5.750 (0.130) ($7,800) 6/2512008 $0.CO $6.00 $7,800.00

Jul-08 Call (Sold) NYMEX 12/6/2007 60,000 12.000 (0.100) ($6,000) 6/25/2008 $0.000 $207,000.00 $213,000

Jul-08 Call- Exercised NYMEX 114/2008 50,000 8.350 0.555 $27,750 612512008 $0.CO S0.CO ($27,750.00)

Jul-08 Call (Sold) NYMEX 114/2008 50,000 11.500 (0.080) ($4,000) 612512008 S0.CO0 $157,500.00 $161,500

Jul-08 Call - Exercised NYMEX 2/112008 60,000 9.000 0.345 $20,700 612512008 $0.CO S0.CO ($20,700.00)

Jul-08 Sold Futures NYMEX 6/25/2008 60,0CO 12.753 6/25/2008 $0.00 $225,180.00 $225,180.00

Jul-08 Call - Exercised NYMEX 3/3/2008 50,000 10.450 0.550 $27,500 6/25/2008 $0.00 $0.00 ($27,500.00)

J ul-08 Sold Futures NYMEX 6/25/2008 50,000 12.753 612512008 S0.CO $115,150.00 $115,150.00

Aug-08 Put - OFFSET NYMEX 12/7/2007 60,000 5.500 (0.140) ($8,400) 3/12/2008 $(3.000 SO $8,400

Aug-08 Put(Bought) - OFFSET NYMEX 3112/2008 60,000 5.500 0.004 $240 3/12/2008 $0.000 $0 ($240)

Aug-08 Put - OFFSET NYMEX 1/3/2008 50,000 6.000 (0.150) ($7,500) 3/12/2008 $0.000 $0 $7,500

Aug-08 Put(Bought) - OFFSET NYMEX 3/12/2008 50,CO0 6.000 0.007 $350 3/12/2008 $0.000 $0 ($350)

Aug-08 Call - Expired NYMEX 1115/2007 50,000 10.150 0.535 $26,750 7/2912008 $0.000 $0 ($26,750)

Aug-08 Call (Sold) - Expired NYMEX 111512007 50,000 13.000 (0.200) ($10,000) 712912008 $0.000 $0 $10,000

Aug-08 Call (Sold) o Expired NYMEX 12/712007 60,000 12.000 (0.140) ($8,400) 712912008 S0.CO0 $0 $8,400

Aug-08 Call - Exercised NYMEX 12/7/2007 60,000 8.700 0.580 $34,800 7/28/2008 $0.00 S0.CO ($34,800.00)

Aug-08 Sold Futures NYMEX 7128/2008 60,000 9.163 712812008 SO.CO $27,780.00 $27,780.00

Aug-08 Call (Sold) - Expired NYMEX 11312008 50,000 12.000 (0.150) ($7,500) 7/29/2008 $0.000 $0 $7,500

Aug-08 Call- Exercised NYMEX 11312008 50,000 8.400 0.770 $38,500 7/28/2008 $6.00 $0.00 ($38,500.00)

Aug-08 Sold Futures NYMEX 7/2812008 50,000 9.163 7/28/2008 SO.CO $38,150.00 $38,150.00

Aug-08 Call- Exercised NYMEX 2/1/2008 60,000 8.850 0.517 $31,020 7128/2008 S0.CO $6.00 ($31,020.00)

Aug-08 Sold Futures NYMEX 7/28/2008 60,000 9.163 7/28/2008 $0.CO $18,780.00 $18,780.00

Aug-08 Call - Expired NYMEX 313/2008 50,000 11.000 0.550 $27,500 7/2912008 $(3.000 $0 ($27,500)

Sep-08 Put-OFFSET NYMEX 121612007 60,000 5.500 (0.190) ($11,400) 3/12/2008 $0.000 $0 $11,400

Sep-08 Put(Bought) - OFFSET NYMEX 3112/2008 60,000 5.500 0.010 $600 3/12/2008 $0.000 $0 ($600)

Sep-08 Put - OFFSET NYMEX 113/2008 50,000 6.000 (0.215) ($10,750) 311312008 $0.000 $0 $10,750

Sep-08 Put(Bought) - OFFSET NYMEX 3/13/2008 50,000 6.000 0.017 $850 3/13/2008 $0.000 $0 ($650)

Sep-08 Call - Expired NYMEX 11/5/2007 60,000 10.400 0.620 $37,200 8/27/2008 S0.COO $0 ($37,200)

Sep-08 Cell (Sold) - Expired NYMEX 11/5/2007 60,000 13.000 (0.285) ($17,100) 8/27/2008 $0.000 $0 $17,100

Sep-08 Call - Expired NYMEX 12/6/2007 60,000 8.700 0.710 $42,600 8/27/2008 $0.000 $0 ($42,600)

Sep-08 Call (Sold) - Expired NYMEX 121612007 60,000 12.000 (0.220) ($13,200) 8/27/2008 $0.000 $0 $13,200

Sep-08 Call - Expired NYMEX 1/3/2008 50,000 8.400 0.900 $45,000 812712008 $0.000 $0 ($45,000)

Sep-06 Call (Sold) - Expired NYMEX 1/3/2008 50,000 12.000 (0.215) ($10,750) 812712006 $0.000 SO $10,750

Sep-08 Call - Expired NYMEX 2/112008 60,0CO 9.350 0.485 $29,100 812712008 $6.000 S0 ($29,100)

Sep-08 Call - Expired NYMEX 3/4/2008 60,000 10.350 0.794 $47,640 8/27/2008 $0.000 $(3 ($47,640)

Sep-08 Call (Sold) - Expired NYMEX 3/4/2008 60,000 14.000 (0.230) ($13,800) 812712008 $6.000 $0 $13,800

Sep-08 Call - Expired NYMEX 8/5/2008 290,000 11.000 0.050 $14,500 8/2712008 $0.000 $0 ($14,500)

Sep-08 Put - Expired NYMEX 81512008 290,000 7.450 (0.060) ($17,400) 8/27/2008 $0.000 $0 $17,400

Oct-08 Put - OFFSET NYMEX 12/712007 80,000 4.900 (0.130) ($10,400) 3/12/2008

Oct-08 Put(Bought) - OFFSET NYMEX 3112/2008 80,000 4.900 0.010 $800 3/12/2008

Oct-08 Put - OFFSET NYMEX 1/3/2008 90,000 5.800 (0.230) ($20,700) 311212008

Oct-08 Put(Bought) - OFFSET NYMEX 311212006 90,000 5.800 0.032 $2,880 3/12/2008

Oct-08 Call-Expired NYMEX 11/2/2007 90,000 9.800 0.960 $86,400 9126/2008

Oct-08 Call (Sold)-Expired NYMEX 1112/2007 90,000 13.000 (0.420) ($37,800) 9126/2008

Oct-08 Call-Expired NYMEX 12/'//2007 80,000 8.500 0.890 $71,200 9/26/2008

Oct-08 Call (Sold)-Expired NYMEX 12/7/2007 80,000 12.000 (0.300) ($24,000) 9/26/2008

Oct-08 Call-Expired NYMEX 1/3/2008 90,000 8.750 0.945 $85,050 9/26/2008

Oct-08 Call (Sold)-Expired NYMEX 1/3/2008 90,0CO 13.000 (0.230) ($20,700) 9/2612008

Oct-08 CaIFExpired NYMEX 2/112008 90,000 9.950 0.490 $44,100 912612008

Oct-08 Call-Expired NYMEX 3/3/2008 80,000 11.100 0.800 $64,000 912612008

Oct-08 Call (Sold)-Expired NYMEX 3/3/2008 80,000 15.000 (0.240) ($19,200) 9126/2008

Oct-08 Call-Expired NYMEX 8/5/2008 440,000 9.650 0.470 $206,800 9/26/2008

Oct-08 Put-Expired NYMEX 8/5/2008 440,000 7.250 (0.120) ($52,800) 912612008

Nov-08 Call NYMEX 61312008 80,000 14.250 1.050 $84,0OO 10/2912008

Nov-08 Call (Sold) NYMEX 613/2008 80,000 20.000 (0.290) ($23,200) 1012912008

0.000 $0 $10,400

O.CO0 $0 ($600)

0.CO0 $0 $20,700

0.0CO $0 ($2,880)

O.CO0 $0 ($86,400)

0.000 $0 $37,8CO

0.000 $0 ($71,200)

|0.0CO $0 $24,000

O.CO0 $0 ($85,050)

;0.000 $0 $20,700

;0.000 $0 ($44,100)

;0.000 $0 ($64,000)

;0.000 $0 $19,200

;0.000 $0 ($206,800)

;0.CO0 $0 $52,800

$0.co0 $0 ($64.0oo)

$0.000 $0 $23,200

G:\GasAccounting\GASACC\DEFERRED-Carolinas_2009_Monthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

Nov-08Nov-08Nov-08Nov-08Nov-08Nov-08Nov-08Nov-08Nov-08Nov-08

Dsc-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08Dec-08

Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09Jan-09

Call

Call (Sold)Call

Call

Put - AssignedPut - Assigned

SOLD FUTURESCall

Put - AssignedSOLD FUTURES



Call-ExpiredPut - Assigned

SOLD FUTURESCall-Expired









Call (Sold)-ExpiredPut - Assigned




SOLD FUTURES

NYMEX

NYMEX

NYMEX

NYMEX

NYMEX


NYMEXNYMEX



NYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEXNYMEX

NYMEX

7/2/20087/2/20088/4/2008

8/11/20088/4/2008

8/11/200810/28/20089/3/20089/3/2008

10/28/2008

6/3/20086/3/20087/2/20087/2/20088/4/20088/4/2008

11/21/20088/20/20088/20/200811/21/2008

9/4/20089/4/2008

11/21/20089/11/20089/11/200811/21/2008

6/3/20086/3/20087/2/20087/2/20088/4/20088/4/2008

12/24/20088/25/20088/25/20088/25/200812/24/20089/3/20089/3/2008

12/24/20089/12/20089/12/200812/24/2008

70,00070,00080,000

230,00080,000

230,000310,000300,000300,000300,000

100,000100,000100,000100,000100,000100,000100,000290,000290,000290,000200,000200,000200,000200,000200,000200,000

110,000110,000110,000110,000110,000110,000110,000320,000320,000320,000320,000220,000220,000220,000220,000220,000220,000

14.35020.0009.8008.6508.0008 0006.1867.750e.eoo6.186

14 60020.00014.80020.00010 0008.0006.4819.0007.5006.4818 8006 5006 4819.8007.0506 481

14.85020.00015.00020.00010 5008.0005.9129.15014 0007.0005.9128.6007.0005.9128.7007.0505.912

1.280(0.270)0.6570.800

(0.270)(0.440)

0.527(0.200)

1.200(0.415)1.430

(0.450)0.830

(0 240)

0.800(0 280)

0.430(0.100)

0.230(0.250)

1.367(0.580)1.680

(0.700)0.895

(0.260)

0.820(0.130)(0 150)

0.710(0.200)

0 680(0.220)

$88,200($18,900)$52,560$184,000($21,600)($101,200)

$158,100($60,000)

$120,000($41,500)$143,000($45,000)$83,000($24,000)

$232,000($81,200)

$86,000($20,000)

$46,000($50,000)

$150,370($63,800)$184,800($77,000)$9e,45o($28,600)

$262,400($41,600)($48,000)

$156,200($44,000)

$149,600($48,400)

10/29/200810/29/200810/29/200810/29/200810/28/200810/28/200810/28/200810/29/200810/28/200810/28/2008

11/24/200811/24/200811/24/20081 1/24/200811/24/200811/21/200811/21/200811/24/200811/21/200811/21/200811/24/200811/21/200811/21/20081 1/24/200811/21/200811/21/2008

12/26/200812/26/200812/28/200812/26/200812/26/200812/24/200812/24/200812/26/200812/26/200812/24/200812/24/200812/26/200812/24/200812/24/200812/26/200812/24/200812/24/200812/26/2008

$0 000$0.000$0.000$0.000$0 000$0.000$0.000$0.000$0.000$0.000

$0.000$0.000$0.000$0.000$0.000$0 000$0.000$0 000$0 000$0.000$0 000$0.000$0.000$0.000$0.000$0.000

$0.000$0 000$0 000$0.000$0 000$0.000$0.000$0.000$0.000$0 000$0 000$0.000$0.000$0.000$0 000$0.000$0 000$0.000

$0$0$0$0$0$0

($562,340)$0$0

($184,200)

$0$0$0$0$0$0

(fi1 51,900)$0$0

($295,510)$0$0

($3,800)$0$0

($113,800)

$0$0$0$0$0$0

($229,680)$0$0$0

($348,160)$0$0

($239,360)$0$0

($250,360)$0

($88,200)$18,900($52,560)($184,000)$21,800

$101,200($562,340)($158,100)$60,000

($184,200)

($120,000)$41,500

($143,000)$45,000($83,000)$24,000

($151,900)($232,000)$81,200

($295,510)($86,000)$20,000($3,800)($46,000)$50,000

($113,800)

($150,370)$63,800

($184,800)$77,000($98,450)$28,600

($229,680)($262,400)$41,600$48,000

($348,160)($156,200)$44,000

($239,360)($149,600)$48,400

($250,360)$0

SUMMARY:

SUMMARY OF CLOSED POSITIONS:

15 940 000* Underlying Price of Exercised Call Option

$2 379 460

$14 061 010

$109,215

$8,429,338

$2 270 265

-$6 621 674

SC HEDGING PLANMARK TO MARKET¹REFI

Period Tool Counts a

OriginalTradeDate

M MBtusPurchasedPer Month

0 n Positions - South Carogna

Strike/ OriginalFixed Purchase PurchasePrice Price Cost/Proceeds

NYMEXPut/Option/OTC

MarketPrice

CurrentMarketValue

Net Value(Original Coatvs. Cunsnt

Market Value)Feb-09Feb-09

Feb-09Feb-09

Feb-09

Feb-09Feb-09Feb-09

Feb-09Feb-09Feb-09

Feb-09Feb-09Feb-09

Feb-09Feb-09Feb-09

Mar-09Mar-09Mar-09

Msr-09Mar-09

Mar-09

Mar-09Mar-09Mar-09

Mar-09Mar-09

Mar-09Mar-09Mar-09

Mar-09Mar-09

CallCall (Sold)

CallCall (Sold)

Put

Call

PutCall (Sold)

Call

PutCall (Sold)

CallPut

Call (Sold)

CallPut

Call (Sold)

CallPut

Call (Sold)

Call

Call (Sold)

Put

Cell

PutCall (Sold)

Call

Put

CallPut

Call (Sold)

CallPut

NYMEXNYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

6/3/20086/3/2008

7/2/20087/2/2008

8/14/2008

8/4/20088/4/20088/4/2008

8/29/20088/29/20088/29/2008

9/4/20089/4/20089/4/2008

9/18/20089/18/20089/18/2008

6/3/20086/3/20086/3/2008

7/2/20087/2/2008

8/4/2008

8/4/20088/4/20088/4/2008

8/20/20088/20/2008

9/3/20089/3/20089/3/2008

9/12/20089/12/2008

80,00080,000

90,00090,000

170,000

80,00080,00080,000

260,000260,000260,000

170,000170,000170,000

160,000160,000teo, ooo

70,00070,00070,000

60,00060,000

60,000

70,00070,00070,000

200,000200,000

130,000130,000130,000

130,000130,000

15.25021.000

15.00020.000

7.500

10.1008.00016.000

9.7007 50016.000

8 3507 00013.000

8 6007 50013.000

15.6008 25021.000

14.90020.000

7 750

9.7508.00016.000

9.6507.500

8.6006.60013.000

8.5007.000

1.520(0.760)

1.870(0.870)

(0.325)

1.135(0.300)(0.200)

1 020(0.310)(0 170)

0.865(0.230)(0.140)

0.925(0 450)(0 180)

1.470(0.230)(0.720)

1.950(0.960)

(0.330)

1.270(0 400)(0.240)

0.930(0.400)

0.840(0.180)(0.180)

0.920(0.300)

$121,600($60,800)

$188,300($78,300)

($55,250)

$90,800($24,000)($1e,ooo)

$265,200($80,600)($44,200)

$147,050($39,100)($23,800)

$148,000($72,000)($28,800)

$102,900($16,100)($50,400)

$117,000($57,600)

($19,800)

$88,900($28,000)($16,800)

$188,000($80,000)

$109,200($23,400)($23,400)

$119,600($39,000)

$0.001-$0.001

$0.001-$0.001

-$1.907

$0.001-$2.391-$0.001

$0.001-$1.907-$0.001

$0.006-$1A35-$0.001

$0.006-$1.907-$0.001

$0.001-$2.631-$0.001

$0.001-$0.001

-$2.156

$0.006-$2.392-$0.001

$0.009-$1.924

$0.026-$1.142-$0.001

$0.031-$1A77

$80($80)

$90($90)

($324,190)

$80($191,280)

($80)

$260($495,820)

($280)

$1,380($243,950)

($170)

$960($305,120)

($1eo)

$70($184,170)

($70)

($60)

($129,360)

$560($187,440)

($70)

$1,800($384,800)

$3,640($148,460)

($130)

$4,030($192,010)

($121,520)$80,720

($168,210)$78,210

($268,940)

($90,720)($167,280)$15,920

($284,940)($415,220)$43,940

($145,890)($204,850)$23,630

($147,040)($233,120)$28,640

($102,830)($168,070)$50,330

($116,940)$57,540

($109,560)

($88,340)($139,440)$18,730

($184,200)($304,800)

($105,560)($125,060)$23,270

($115,570)($153,010)

GOGasAccounting)GASACCIDEFERRED-Carolinas)2009Wlonthly Hedging Acct Reports-Filed-SCIHedging Position and Mark-to-Market as of December 31, 2008

NOV-08 CallNov-08 Call(Sold)Nov-08 CallNov-08 CallNov-08 Put- Assigned

Nov-08 Put - Assigned

Nov-08 SOLD FUTURES

Nov-08 Call

Nov-08 Put - Assigned

Nov-08 SOLD FUTURES

Dec-08 Call-Expired

Dec-08 Call (Sold)-Expirad

Dec*08 Call-Expired

Dec-08 Call (Sold)-Expired

Dec-08 Call-Expired

Dec-08 Put - Assigned

Dec-08 SOLD FUTURES

Dec-08 Call-Expired


Dec-08 SOLD FUTURES

Dec-08 Call-Expired


Dec-08 SOLD FUTURES

Dec-08 Call-Expired


Dec-08 SOLD FUTURES

Jan-09 Call-Expired

Jan-09 Call (Sold)-Expirad

Jan-09 Call-Expired

Jan-09 Call (Sold)-Expirad

Jan-09 Call-Expired

Jan-09 Put - Assigned

Jan-09 SOLD FUTURES

Jan-09 Call-Expired

Jan-09 Call (Sold)-Expired


Jan-09 SOLD FUTURES

Jan-09 Call-Expired


Jan-09 SOLD FUTURES

Jan-09 Call-Expired


Jan-09 SOLD FUTURES

NYMEX 7/212008 70,000 14.350 1.260 $88,200 1012912008

NYMEX 7/2/2008 70,000 20,000 (0.270) ($18,900) 1012912008

NYMEX 81412008 80,000 9.800 0.657 $52,560 10129/2008

NYMEX 811112008 230,000 8.650 0.800 $184,000 10129/2008

NYMEX 8/4/2008 80,000 8.000 (0.270) ($21,600) 10/28/2008

NYMEX 8/11/2008 230,000 8.000 (0.440) ($101,200) 1012812008

NYMEX 10/28/2008 310,000 6.186 10/28/2008

NYMEX 9/3/2008 300,000 7.750 0.527 $158,100 10/29/2008

NYMEX 9/3/2008 300,000 6.800 (0.200) ($60,000) 1012812008

NYMEX 10/26/2008 300,000 6.186 10/26/2008

NYMEX 6/3/2008 100,000 14.600 1.200 $120,000 11/24/2008

NYMEX 6/3/2008 100,000 20.000 (0.415) ($41,500) 11/24/2008

NYMEX 71212008 100,000 14.800 1.430 $143,000 11/24/2008

NYMEX 71212008 100,000 20.000 (0.450) ($45,000) 11/2412008

NYMEX 8/4/2008 100,000 10.000 0.830 $83,000 11/24/2008

NYMEX 8/4/2008 100,000 8.000 (0240) ($24,000) 11121/2008

NYMEX 11/21/2008 100,000 8.481 11/21/2008

NYMEX 8/20/2008 290,000 9.000 0.800 $232,000 11/24/2008

NYMEX 812012008 290,000 7.500 (0.280) ($81,200) 11/21/2008

NYMEX 11/21/2008 290,000 8.481 11121/2008

NYMEX 91412008 200,000 8.800 0.430 $86,000 11/24/2008

NYMEX 91412008 200,000 6.500 (0.100) ($20,000) 11121/2008

NYMEX 1112112008 200,000 6.481 11/21/2008

NYMEX 9/1112008 200,000 9.800 0.230 $46,000 11124/2008

NYME.X 9111/2008 200,000 7,050 (0.250) ($50,000) 11/2112008

NYMEX 11/21/2008 200,000 6.481 11/21/2008

NYMEX 613/2008 110,000 14.850 1.367 $150,370 12/2612008

NYMEX 61312008 110,000 20.000 (0.580) ($63,800) 12/2612008

NYMEX 7/2/2008 110,000 15.000 1.680 $184,800 12/28/2008

NYMEX 7/2/2008 110,000 20.000 (0.700) ($77,000) 1212812008

NYMEX 8/4/2008 110,000 10.500 0.895 $98,450 1212612008

NYMEX 8/412008 110,000 8.000 (0.280) ($28,800) 1212412008

NYMEX 12/24/2008 110,000 5.912 12/24/2008

NYMEX 8125/2008 320,000 9.150 0.820 $262,400 12126/2008

NYMEX 8/25/2008 320,000 14.000 (0.130) ($41,600) 12/26/2008

NYMEX 8/25/2008 320,000 7.000 (0.150) ($48,000) 12/24/2008

NYMEX 12/24/2008 320,000 5.912 12/24/2008

NYMEX 9/3/2008 220,000 8.600 0.710 $156,200 12/2612008

NYMEX 9/3/2008 220,000 7.000 (0.200) ($44,000) 12/24/2008

NYMEX 12/2412008 220,000 5.912 12/24/2008

NYMEX 9/12/2008 220,000 8.700 0.680 $149,600 12/26/2008

NYMEX 9112/2008 220,000 7.050 (0.220) ($48,400) 12/24/2008

NYMEX 12/24/2008 220,000 5.912 12/2412008

12/26/2008

$0.000

$0.000

$0.0OO

$0.000

$0.0OO

$0.000

$0.000

$O.OO0

$0.000

$0.000

$0.0OO

$0.OO0

$0.000

$0.9O0

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.OOO

$0.000

$0.000

$0.OOO

$0.0OO

$0.OOO

$0.000

$0.9O0

$0.000

$0.OO0

$0.9O0

$0.000

$0.000

$0.000

$0.000

$0.000

$0.000

$0.OO0

$0.000

$0.000

$0.000

$O.O00

$0

$0

$0

$0

$0

$0

($562,340)

$0

$0

($184,200)

$0

$0

$0

$0

$0

$0

($151,900)

$0

$0

($295,510)

$0

$0

($3,800)

$0

$0

($113,800)

$0

$0

$0

$0

$0

$0

($229,680)

$0

$0

$0

($348,160)

$0

$0

($239,360)

$0

$0

($250,360)

$0

($68,20O)

$18,900

($52,560)

($184,000)

$21,600

$101,200

($562,340)

($158,100)

$60,000

($184,200)

($120,000)

$41,500

($143,000)

$45,000

($63,000)

$24,000

($151,900)

($232,000)

$81,200

($295,510)

($86,000)

$20,000

($3,800)

($46,000)

$50,000

($113,800)

( $150,370)

$63,800

($184,800)

$77,000

($98,450)

$28,800

($229,680)

($282,400)

$41,600

$48,000

($348,160)

($156,200)

$44,000

($239,360)

($149,800)

$48,400

($250,360)

$0

SUMMARY: 15p940p000 $21379p480 $109,215

* Underlying Price of Exercised Call Option

ISUMMARY OF CLOSED POSITIONS: $14p051r010 $8,429,338

($21270t265)

-$518211674

SC HEDGING PLAN

MARK TO MARKET

#REFI

Pedod Tool Countorparty

Feb-09

Feb-09

Feb-09

Fe_09

Fe_09

Feb-09

Feb-09

Feb-g9

Feb-09

Feb-09

Feb-09

Fe_09

Feb-09

Feb-09

Feb-09

Feb-09

Feb-09

Ma_09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

Mar-09

MaF09

Mar-09

Ma_09

MayO9

Ma_09

Mar-09

Mar-09

Ma_09

Ma_09

Call

Call (Sold)

Call

Call (Sold)

Put

Call

Put

Call (Sold)

Call

Put

Call (Sold)

Call

Put

Call (Sold)

Call

Put

Call (Sold)

Call

Put

Call (Sold)

Call

Call (Sold)

Put

Call

Put

Call (Sold)

Call

Put

Call

Put

Call (Sold)

Call

Put

Open Positions - South CarolinaNYMEX

Odglnal MMBtua Strike/ Odglnal Put/OptJon/OTC

Trade Purchased Fixed Purchase Purchase Market

Data Per Month Price Pdce Cost/Proceeds Price

NYMEX 6/3/2008 80,000 15.250 1.520 $121,600 $0.001

NYMEX 6/3/2008 80,000 21.000 (0.760) ($60,800) -$0,001

NYMEX 712/2008 90,000 15.000 1.870 $168,300 $0.001

NYMEX 712/2008 90,000 20.000 (0,870) ($78,300) -$0.001

NYMEX 811412008 170,000 7.500 (0.325) ($55,250) -$1,907

NYMEX 8/4/2008 80,000 10.100 1.135 $90,800 $0.OOl

NYMEX 8/4/2008 80,000 8.000 (0.300) ($24,000) -$2.391

NYMEX 81412008 80,000 16.000 (0.200) ($18,000) -$0.001

NYMEX 812912008 260,000 9.700 1.020 $265,200 $0.001

NYMEX 8/29/2008 260,000 7.500 (0.310) ($80,600) -$1.907

NYMEX 812912008 260,000 18.000 (0.170) ($44,200) -$0.001

NYMF--X 9/4/2008 170,000 8.350 0.865 $147,050 $0.008

NYMEX 6/4/2008 170,000 7.000 (0.230) ($39,100) -$1.435

NYMEX 9/4/2008 170,000 13.000 (0.140) ($23,800) -$0.001

NYMEX 9/18/2008 180,000 8.600 0.925 $148,000 $0.006

NYMEX 9/18/2008 160,000 7.500 (0.450) ($72,000) -$1.907

NYMEX 9/18/2008 160,000 13.000 (0.180) ($28,800) -$0.001

NYMEX 61312008 70,000 15.600 1.470 $102,900 $0.001

NYMEX 6/3/2008 70,000 8.250 (0.230) ($18,100) -$2.631

NYMEX 8/3/2008 70,000 21.000 (0.720) ($50,400) -$0.001

NYMEX 7/2/2008 60,000 14.900 1.950 $117,000 $0.001

NYMEX 7,2/2008 60,000 20.000 (0.960) ($57,800) -$0.001

NYMEX 8/4/2008 60,000 7.750 (0.330) ($19,800) -$2.156

NYMEX 81412008 70,000 9.750 1.270 $88,900 $0,008

NYMEX 81412008 70,000 8.000 (0.400) ($28,000) -$2.392

NYMEX 8/4/2008 70,000 16.000 (0.240) ($16,800) -$0.001

NYMEX 8/20/2008 200,000 9.650 0.930 $186,000 $0.009

NYMEX 8/20/2008 200,000 7.500 (0.400) ($80,000) -$1,924

NYMEX 9/3/2008 130,000 8.600 0.840 $109,200 $0.028

NYMEX 9/3/2008 130,000 8.600 (0.180) ($23,400) -$1.142

NYMEX 9/3/2008 130,000 13.000 (0.180) ($23,400) -$0.001

NYMEX 9/12/2008 130,000 8.500 0.920 $119,600 $0.031

NYMEX 9/12/2008 130,000 7.000 (0.300) ($39,000) -$1.477

Current

Market

Value

$80

($80)

$9O

($90)

($324,190)

$8O

($191,280)

($8o)

$260

($495,820)

($260)

$1,360

($243,950)

($170)

$96O

($305,120)

($160)

$70

($184,170)

($70)

$6O

($6O)

($129,360)

$580

($167,440)

($70)

$1,800

($384,8oo)

$3,640

($148,460)

($130)

$4,030

($192,010)

G:\GasAccounting\GASACC_DEFERRED-Carolinas_2009_1onthly Hedging Acct Reports-Filed-SC\Hedging Position and Mark-to-Market as of December 31, 2008

Net Value

(Original Colt

vs. Current

Market Value)

($121,520)

$60,720

($188,210)

$78,210

($268,940)

($90,720)

($167,280)

$15,920

($264,940)

($415,220)

$43,940

($145,690)

($204,850)

$23,830

($147,040)

($233,120)

$28,640

($102,830)

($188,070)

$50,330

($116,940)

$57,540

($109,560)

($88,340)

($139,440)

$16,730

($184,200)

($304,8OO)

($1o5,56o)

($125,o6o)

$23,270

($115,570)

($153,010)

SC HEDGING PLANMARK TO MARKETSREFI

PeriodMar-09

Apr-09Apr-09

Apr-09Apr-09

ToolCall (Sold)

CallPut

CallPut

Counts aNYMEX

NYMEXNYMEX

NYMEXNYMEX

OriginalTradeDate

9/12/2008

8/7/20088/7/2008

8/1 1/20088/11/2008

MMBtusPurchasedPer Month

130,000

120,000120,000

120,000120,000

0 en Positions - South Carolina

14.000 (0.150)

0.585(0 230)

0.729(0 200)

($19,500)

$70,200($27,600)

$87,480($24,000)

$0.009-$1.747

10.5007.300

$0.02S-$1A95

9 4507.000

NYMEXStrike/ Orfglnal Put/Option/OTCFixed Purchase Purchase MarketPrice Price Cost/Proceeds i nce

CurrentMarketValue($130)

$1,080($209,640)

$3,000($179,400)

Net Value(Original Costvs. Current

Market Value)$19,370

($69,120)($182,040)

($84,480)($155,400)

Apr-09Apr-09Apr-09

Apr-09Apr-09Apr-09

Apr-09Apr-09

CallPut

Call (Sold)

CallPut

Call (Sold)

CallPut

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX

NYMEX

9/3/20089/3/20089/3/2008

9/1 8/20089/18/20089/18/2008

10/8/200810/8/2008

130,000130,000130,000

120,000120,000120,000

120,000120,000

8.5006.50012 000

8.6007.00013.000

8.1006.000

0 680(0 200)(0.140)

0.780(0.400)(0 100)

0.492(0.200)

$88,400($26,000)($18,200)

$93,600($48,000)($12,000)

$59,040($24,000)

$0.060-$1.103-$0.002

$0.055-$1A95-$0.001

$0.087-$0.7S7

$7,800($143,390)

($260)

$6,600($179,400)

($120)

$10,440($90,840)

($80,600)($117,390)$17,940

($87,000)($131,400)$11,880

($48,600)($66,840)

May-09May-09May-09

May-09May-09

May-09May-09

May-09May-09May-09

May-09

Jun-09Jun-09

Jun-09Jun-09

Jun-09Jun-09

Jun-09Jun-09

Jun-09Jun-09

Jul-09Jul-09

Jul-09Jul-09Jul-09

Jul-09Jul-09

Jul-09Jul-09

Jul-09Jul-09Jul-09

Aug-09Aug-09

Aug-09A u9-09Aug-09

Aug-09Aug-09

Aug-09Aug-09

Aug-09Aug-09

Sep-09Sap-09

CallPut

Call (Sold)

CallPut

CallPut

CallPut

Call (Sold)

Call

CallPut

CallPut

CallPut

CallPut

CallCall (Sold)

CallPut

CallPut

Call (Sold)

Call

Put

Call

Put

CallPut

Call (Sold)

CallPut

CallPut

Call (Sold)

CallPut

CallPut

CallCall (Sold)

CallPut

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX

NYMEX

NYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

8/5/20088/5/20088/5/2008

8/11/20088/11/2008

9/4/20089/4/2008

9/1 8/20089/18/20089/18/2008

10/14/2008

8/11/20088/11/2008

8/20/20088/20/2008

9/3/20089/3/2008

10/8/20081 0/8/2008

10/14/200810/14/2008

8/11/20088/11/2008

8/20/20088/20/20088/20/2008

9/4/20089/4/2008

10/7/200810/7/2008

10/20/20081 0/20/20081 0/20/2008

8/11/20088/11/2008

8/20/20088/20/20088/20/2008

9/4/20089/4/2008

10/8/20081 0/8/2008

1 0/30/200810/30/2008

8/11/20088/11/2008

120,000120,000120,000

120,000120,000

130,000130,000

120,000120,000120,000

120,000

130,000130,000

130,000130,000

140,000140,000

130,000130,000

130,000130,000

110,000110,000

110,000110,000110,000

100,000100,000

110,000110,000

110,000110,000110,000

110,000110,000

110,000110,000110,000

110,000110,000

110,000110,000

110,000110,000

60,00060,000

9.7007.00015.000

9.4007 000

8.4506.500

8 5507.00013.000

8.800

9.5507 000

9.3007 000

10 0006.000

7.9006.000

8.65012.000

9.7507.000

9.1007.00014.000

8 9506.500

8.3506.000

7.2506.00011.050

10.0007.000

9.2507.00015 000

9.3006.500

8.4006.000

10.00013.000

10.2007.000

0.860(0.190)(0.120)

0.759(0.230)

0.670(0.160)

0.855(0.430)(0.120)

0.405

0.795(0.250)

0 820(0.300)

0.500(0 170)

0.730(0.300)

0.530(0.100)

0.815(0.270)

1.000(0.330)(0.150)

0.700(0.200)

0 665(0 200)

1.035(0.300)(0.300)

0.835(0.290)

1.025(0.340)(0 160)

0.680(0.200)

0 790(0.330)

0.440(0 150)

0.885(0.340)

$103,200($22,800)($14,400)

$91,080($27,600)

$87, 100($20,800)

$102,600($51,600)($14,400)

$48,600

$103,350($32,500)

$106,600($39,000)

$70,000($23,800)

$94,900($39,000)

$68,900($13,000)

$89,650($29,700)

$110,000($36,300)($16,500)

$70,000($20,000)

$73,150($22,000)

$113,850($33,000)($33,000)

$91,850($31,900)

$112,750($37,400)($17,600)

$74,800($22,000)

$86,900($36,300)

$48,400($16,500)

$53,100($20,400)

$0.0SS-$1A84-$0.004

$0.064-$1A84

$0.107-$1.106

$0.101-$1A84-$0.011

$0.080-$1A34

$0.092-$1A34

$0.061-$0.757

$0.197-$0.757

$0.133-$0.020

$0.099-$1A03

$0.13S-$1A03-$0.013

$0.145-$1.054

$0.198-$0.751

$0.37$-$0.761-$0.058

$0.141-$1A16

$0.189-$1A18-$0.027

$0.185-$1.062

$0.141-$0.038

$0.199-$1A61

$8,600($178,080)

($480)

$7,680($178,080)

$13,910($143,780)

$12,120($178,080)($1,320)

$10,580

$10,400($186,420)

$11,960($186,420)

$8,540($105,980)

$25,610($98,410)

$17,290($2,600)

$10,890($154,330)

$14,850($154,330)($1,430)

$14,500($105,400)

$21,560($82,610)

$41,690($82,610)($6,380)

$15,510($155,780)

$20,790($155,760)

($2,970)

$20,350($119,020)

$29,810($87,340)

$15,510($4, 180)

$11,940($87,660)

($96,600)($155,280)$13,920

($83,400)($150,480)

($73,190)($122,980)

($90,480)($126,480)$13,080

($38,040)

($92,950)($153,920)

($94,640)($147,420)

($81,480)($82,180)

($69,290)($59,410)

($51,610)$10,400

($78,760)($124,630)

($95,1 50)($118,030)$15,070

($55,500)($85,400)

($51,590)($60,610)

($72, 180)($49,610)$26,620

($76,340)($123,880)

($91,960)($118,360)$14,630

($54,450)($97,020)

($57,090)($51,040)

($32,890)$12,320

($41,160)($67,260)

Sap-09Sep-09Sep-09

Sap-09Sap-09Sep-09

Ssp-09Ssp-09

Ssp-09Sap-09

CallPut

Call (Sold)

CallPut

Call (Sold)

CallPut

CallCall (Sold)

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

8/29/20088/29/20088/29/2008

9/4/20089/4/20089/4/2008

10/7/200810/7/2008

10/30/200810/30/2008

170,000170,000170,000

120,000120,000120,000

110,000110,000

120,000120,000

9.8007.00017 000

8.7506 50014 000

8.9006.000

10.25013.000

1.100(0.425)(0.1 50)

0.970(0.290)(0.170)

0.740(0.300)

0.490(0.200)

$187,000($72,250)($25,500)

$116,400($34,800)($20,400)

$81,400($33,000)

$58,800($24,000)

$0.222-$1A61-$0.047

$0.307-$1.131-$0.07$

$0.2$2-$0.847

$37,740($248,370)($7,990)

$38,840($135,720)($9,480)

$32,120($93,170)

$23,520($10,560)

($149,260)($176,120)$17,510

($79,560)($100,920)$10,920

($49,280)($60, 170)

($35,280)$13,440

GAGasAccountingtGASACC(DEFERRED-Carolinast20091Monthty Hedging Acct Reports-Filed-SCtHedging Position and Mark-to-Market as of December 31, 2008

SCHEDGINGPLANMARKTOMARKET#REF!

Pedod ToolMar-09 Call(Sold)Apt-09 CallApt-09 PutApr-09 CallApt-09 Put

Apr-09 Call

Apt-09 Put

Apt-09 Call (Sold)

Apr-09 Call

Apr-09 Put

Apt-09 Call (Sold)

Apr-09 Call

Apt-09 Put

May-09 Call

May-09 Put

May-09 Call (Sold)

May-09 Call

May-09 Put

May-09 Call

May-09 Put

May-09 Call

May-09 Put

May-09 Call (Sold)

May-09 Call

Jun-09 Call

Jun-09 Put

Jun-09 Call

Jun-09 Put

Jun-09 Call

Jun-09 Put

Jun-09 Call

Jun-09 Put

Jun-09 Call

Jun-09 Call (Sold)

Jul-09 Call

Jul-09 Put

Jul-09 Call

Jul-09 Put

Jul-09 Call (Sold)

Jul-09 Call

Jul-09 Put

Jul-09 Call

Jul-09 Put

Jul-09 Call

Jul-09 Put

Jul-09 Call (Sold)

Aug-09 Call

Aug-09 Put

Aug-09 Call

Aug-09 Put

Aug-09 Call (Sold)

Aug-09 Call

Aug-09 Put

Aug-09 Call

Aug-09 Put

Aug-09 Call

Aug-09 Call (Sold)

Sep-09 Call

Sep-09 Put

Sep-09 Call

Sep-09 Put

Sep-09 Call (Sold)

Sep-09 Call

Sep-09 Put

Sep-09 Call (Sold)

Sep-09 Call

Sep-09 Put

Sep-09 Call

Sep-09 Call (Sold)

Open Positions - South Caroline

NYMEX

Odglnel MMBtus Stdke/ Odglnal Put/Optlon/OTC

Trade Purchllod Fixed Purchese Purchase Market

Counterparty Date Per Month Pdce Pdce Cost/P.__ rJ-,4- Pdce

Current

Market

Value

($130)

$1,080

($209,640)

$3,000

($179,400)

$7,800

($143,390)

($260)

$6,600

($179,400)

($120)

$10,440

($9o,640)

$6,6oo

($178,o8o)

($480)

$7,680

($178,o8o)

$13,91o

($143,78o)

$12,12o

($178,o8o)

($1,32o)

$10,560

$10,400

($186,420)

$11,960

($186,420)

$8,540

($105,980)

$25,610

($98,410)

$17,290

($2,600)

$10,890

($154,330)

$14,850

($154,330)

($1,430)

$14,500

($105,400)

$21,560

($82,610)

$41,690

($82,610)

($6,380)

$15,510

($155,760)

$20,790

($155,780)

($2,970)

$20,350

($119,020)

$29,810

($87,340)

$15,510

($4,180)

$11,940

($87,660)

$37,740

($248,370)

($7,990)

$36,840

($135,720)

($9,480)

$32,120

($93,170)

$23,520

($10,560)

NYMEX 911212008 130,000 14.000 (0.150) ($19,500) -$0,001

NYMEX 8/712008 120,000 10.500 0.585 $70,200 $6.009

NYMEX 8/712008 120,000 7.300 (0.230) ($27,800) -$1.747

NYM E.X 8111/2008 120,000 9.450 0.729 $87,480 $0.025

NYMEX 8/11/2008 120,000 7.000 (0.200) ($24,000) -$1,495

NYMEX 91312008 130,000 8.500 0.680 $88,400 $0.060

NYMEX 9/3/2008 130,000 6.500 (0.200) ($26,000) -$1.103

NYMEX 9/3/2008 130,000 12.000 (0.140) ($18,200) -$0.002

NYMEX 9/18/2008 120,000 8.600 0.780 $93,600 $0.055

NYMEX 911812008 120,000 7.000 (0.400) ($48,000) -$1.496

NYMEX 911812008 120,000 13.000 (0.100) ($12,000) -$0.001

NYMEX 10/8/2008 120,000 8.100 0.492 $59,040 $0.087

NYMEX 101812008 120,000 6.000 (0.200) ($24,000) -$0.787

NYMEX 8/5/2008 120,000 9.700 0.860 $103,200 $0.055

NYMEX 8/5/2008 120,000 7.000 (0.190) ($22,800) -$1.484

NYMEX 8/5/2008 120,000 15.000 (0.120) ($14,400) °$0.004

NYMEX 8/11/2008 120,000 9.400 0.759 $91,080 $0.064

NYMEX 8/11/2008 120,000 7.000 (0.230) ($27,600) -$1.484

NYMEX 91412008 130,000 8.450 0.670 $87,100 $0.107

NYMEX 9/4/2008 130,000 6.500 (0.160) ($20,800) -$1,106

NYMEX 9/18/2008 120,000 8.550 0.855 $102,600 $0.101

NYMEX 9/18/2008 120,000 7.000 (0.430) ($51,600) -$1.484

NYMEX 9/18/2008 120,000 13.000 (0,120) ($14,400) -$0.011

NYMEX 10/14/2008 120,000 8.800 0.405 $48,600 $0.01NI

NYMEX 8111/2008 13O,000 9.550 0.795 $103,350 $0.080

NYMEX 8/11/2008 130,000 7.000 (0.250) ($32,500) -$1.434

NYMEX 812012008 130,000 9.300 0.820 $106,600 $0.092

NYMEX 812012008 130,000 7.000 (0.300) ($39,000) -$1.434

NYMEX 91312008 140,000 10.000 0,500 $70,000 $0.061

NYMEX 9/3/2008 140,000 6.000 (0.170) ($23,800) -$0.757

NYMEX 10/8/2008 130,000 7.900 0.730 $94,900 $0.197

NYMEX 10/8/2008 130,000 6.000 (0.300) ($39,000) -$0.757

NYMEX 10/14/2008 130,000 8.650 0.530 $68,900 $0.133

NYMEX 10/14/2008 130,000 12.000 (0.100) ($13,000) -$0.020

NYMEX 8/1112008 110,0OO 9.750 0.815 $89,650 $6.099

NYMEX 8111/2008 110,000 7.000 (0.270) ($29,700) -$1.403

NYMEX 8/20/2008 110,000 9.100 1.000 $110,000 $0.135

NYMEX 8/20/2008 110,000 7.000 (0.330) ($36,300) -$1.403

NYMEX 8/20/2008 110,000 14.000 (0.150) ($16,500) -$0.013

NYMEX 9/4/2008 100,000 8.950 0.700 $70,000 $0.145

NYMEX 914/2008 100,000 8.500 (0.200) ($20,000) -$1.054

NYMEX 10/712008 110,000 8.350 0.665 $73,150 $0.196

NYMEX 10/712008 110,000 6.000 (0.200) ($22,000) -$0.761

NYMEX 1012012008 110,000 7.250 1.035 $113,850 $0.379

NYMEX 10/20/2008 110,000 6.000 (0.300) ($33,000) -$0.751

NYMEX 10120/2008 110,000 11.050 (0,300) ($33,000) -$0.058

NYMEX 811112008 110,000 10.000 0.835 $91,850 $0.141

NYMEX 8/11/2008 110,000 7.000 (0.290) ($31,900) -$1.418

NYMEX 8/20/2008 110,000 9.250 1.025 $1t2,750 $0.189

NYMEX 8/20/2008 110,000 7.000 (0.340) ($37,400) -$1.410

NYMEX 8/20/2008 110,000 15.000 (0.160) ($17,600) -$0.027

NYMEX 9/4/2008 110,000 9.300 0.680 $74,800 $0.195

NYMEX 91412008 110,000 6.500 (0.200) ($22,000) -$1.082

NYMEX 10/812008 110,000 8.400 0.790 $86,900 $0.271

NYMEX 101812008 110,000 6.000 (0.330) ($36,300) -$0.794

NYMEX 10/30/2008 110,000 10.000 0.440 $48,400 $0.141

NYMEX 10/30/2008 110,000 13.000 (0.150) ($18,500) -$0.039

NYMEX 8/11/2008 60,000 10.200 0.885 $53,100 $0.199

NYMEX 8111/2008 60,000 7.000 (0.340) ($20,400) -$1,461

NYMEX 8/2912008 170,000 9.800 1.100 $187,CO0 $0.222

NYMEX 8/2912008 170,000 7.000 (0.425) ($72,250) -$1.461

NYMEX 8/29/2008 170,000 17.000 (0.150) ($25,500) -$0.047

NYMEX 9/4/2008 120,O00 8.750 0.970 $116,400 $0.307

NYMEX 91412008 120,000 8.500 (0.290) ($34,800) -$1.131

NYMEX 914/2008 120,000 14.000 (0.170) ($20,400) -$O.079

NYMEX 10/712008 110,000 8.900 0.740 $81,400 $6.292

NYMEX 10/7/2008 110,000 6.000 (0.300) ($33,000) -$0.847

NYMEX 1013012008 120,000 10.250 0.490 $58,800 $0.196

NYMEX 1013012008 120,000 13.000 (0.200) ($24,000) -$0.01_

G:\GasAccounting\GASACC_DEFERRED-Carolinas_009WIonthly Hedging Acct Reports-Filed-SC_edgJng Position and Mark-to-Market as of December 31, 2008

Net Value

(Odglnel Cost

vs. Current

Market Value)

$19,370

($69,120)

($182,040)

($84,480)

($155,400)

($80,600)

($117,390)

$17,940

($87,000)

($131,400)

$11,880

($48,600)

($6&640)

($96,600)

($155,280)

$13,920

($83,400)

($150,480)

($73,190)

($122,980)

($90,480)

($126,480)

$13,080

($38,040)

($92,950)

($153,920)

($94,640)

($147,420)

($61,460)

($82,180)

($69,290)

($59,410)

($51,610)

$10,400

($78,760)

($124,830)

($95,150)

($118,030)

$15,070

($55,500)

($85,400)

($51,590)

($60,610)

($72,160)

($49,610)

$26,820

($76,340)

($123,860)

($91,960)

($118,360)

$14,830

($64,450)

($97,020)

($57,090)

($51 ,O40)

($32,890)

$12,320

($41,160)

($67,260)

($149,260)

($176,120)

$17,510

($79,560)

($100,920)

$10,920

($49,280)

($60,170)

($35,280)

$13,440

SC HEDGING PLANMARK TO MARKET8REFI

Period

Oct-09Oct-09

Oct-09Oct-09Oct-09

Oct-09

Oct-09Oct-09Oct-09

Oct-09Oct-09

Oct-09Oct-09

Nov-09Nov-09Nov-09

Nov-09Nov-09Nov-09

Nov-09Nov-09Nov-09

Nov-09Nov-09

Dec-09Dec-09Dec-09

Dec-09Dec-09Dec-09

Dec-09Dec-09

Dec-09Dec-09Dec-09

Dec-09Dec-09

Jan-10Jan-10Jan-10

Jan-10Jan-10Jan-10

Jan-10Jan-10

Jan-10Jan-10

Feb-10Fab-10Feb-10

Feb-10Feb-10Feb-10

Feb-10Feb-10Feb-10

Feb-10Feb-10

Mar-10Mar-10Mar-10

Mar-10Mar-10Mar-10

Mar-10Mar-10

Mar-10Mar-10Mar-10

Mar-10Mar-10

Tool

CallPut

CallPut

Call (Sold)

Call

CallPut

Call (Sold)

CallCall (Sold)

Call

Call (Sold)

CallPut

Call (Sold)

Call

PutCall (Sold)

CallPut

Call (Sold)

CallCall (Sold)

CallPut

Call (Sold)

CallPut

Call (Sold)

CallCall (Sold)

CallPut

Call (Sold)

CallCall (Sold)

CallPut

Call (Sold)

CallPut

Cell (Sold)

CallCall (Sold)

CallCall (Sold)

CallPut

Call (Sold)

CallPut

Call (Sold)

CallPut

Call (Sold)

CallCall (Sold)

Call

PutCall (Sold)

CallPut

Call (Sold)

CallCall (Sold)

Call

PutCall (Sold)

Call

Call (Sold)

0 n Positions - South CarolinaNYMEX

Put/Option/0TCMarketPrice

Strike/FixedPrice

OriginalPurchase

Cost/Proceeds

OriginalTradeDate


CurrentMarketValue

PurchasePriceCounts a

$0.27041.502

NYMEX

NYMEX$24,300

($135,180)90,00090,000

10.5007.000

0.945(0.400)

$85,050($36,000)

8/11/20088/11/2008

NYMEXNYMEXNYMEX

80,00080,00080,000

9 8007.00017 000

1.175(0.400)(0.250)

$94,000($32,000)($20,000)

8/29/20088/29/20088/29/2008

$0.310-$1.502-$0.053

$24,800($120,160)

($4,240)

NYMEX 180,000 13.050 $61,5609/9/2008 0 342 $22,500

9/29/20089/29/20089/29/2008

NYMEXNYMEXNYMEX

170,000170,0001 70,000

8 7506 00014.000

$171,700($49,300)($35,700)

$88, 170($154,360)($17,850)

1 010(0.290)(0.210)

$0A01-$0.908-$0.105

180,000180,000

NYMEXNYMEX

NYMEX

NYMEX

9.35013.000

0 750(0 290)

0.490(0 200)

$135,000($52,200)

$83,300($34,000)

$0.342-$0.127

$0.253-$0.105

10/14/200810/14/2008

10/30/20081 0/30/2008

$61,560($22,860)

$43,010($17,850)

10.85014.000

170,000170,000

NYMEXNYMEXNYMEX

9/4/20089/4/20089/4/2008

9.2507.00014.500

1.080(0.350)(0.200)

$162,000($52,500)($30,000)

SOA44-$1.287-$0.118

150,0001 50,000150,000

$66,600($190,050)($17,400)

NYMEX

NYMEXNYMEX

9/17/20089/17/20089/17/2008

9.4007.00013 500

$164,250($60,000)($54,000)

$0A23-$1.267-$0.144

150,000150,000150,000

$83,450($190,050)($21,600)

1.095(0.400)(0.360)

NYMEXNYMEXNYMEX

$0.540-$1.172-$0.105

10/8/200810/8/200810/8/2008

230,000230,000230,000

8.6506 85015.000

1.010(0.500)(0.200)

$232,300($115,000)($46,000)

$124,200($269,560)($24, 150)

NYMEXNYMEX

10/14/200810/14/2008

230,000230,000

$84,840($34,960)

9.85013 250

0.700(0.240)

$161,000($55,200)

$0.388-$0.152

NYMEXNYMEXNYMEX

$0A77-$0.850-$0.084

9/11/20089/11/20089/11/2008

100,000100,000100,000

9 8006.60015.000

1.015(0.220)(0.280)

$101,500($22,000)($26,000)

$47,700($85,000)($8,400)

NYMEX

NYMEXNYMEX

9/1 8/20089/1 8/20089/18/2008

$43,200($105,100)($11,800)

10.1007.00014.000

$114,500($39,000)($40,000)

100,000100,000100,000

1.145(0.390)(0 400)

$0.432-$1.051-$0.118

NYMEXNYMEX

10.35013.500

$0.398-$0.139

10/14/20081 0/14/2008

200,000200,000

$79,600($27,800)

0.700(0 235)

$140,000($47,000)

NYMEXNYMEXNYMEX

10/20/200810/20/200810/20/2008

9 0006.00014 000

1.070(0.300)(0.300)

$310,300($87,000)($87,000)

$0.808-$0.593-$0.11S

290,000290,000290,000

$176,320($171,970)($34,220)

NYMEXNYMEX

10/30/20081 0/30/2008

11 20014.000

$177,000($90,000)

300,000300,000

0.590(0.300)

$90,600($35,400)

$0.302-Sg.t ta

NYMEXNYMEXNYMEX

$0A93-$0.958-$0.130

9/1 8/20089/1 8/20089/18/2008

110,000110,000110,000

$54,230($105,180)($14,300)

10.0007.00015.000

1.220(0.320)(0.380)

$134,200($35,200)($41,800)

$0.528-$0.507-$0.130

NYMEXNYMEXNYMEX

10/8/200810/8/200810/8/2008

9.8006.00015 000

0.985(0 200)(0.260)

$108,350($22,000)($28,600)

110,000110,000110,000

$57,860($55,770)($14,300)

1 0/20/20081 0/20/2008

10/30/200810/30/2008

220,000220,000

NYMEXNYMEX

NYMEXNYMEX

10.40014.000

11.30014.000

0 780(0.300)

0 645(0.340)

$95,260($35,200)

$104,640($51,200)

$171,600($66,000)

$206,400($108,800)

$0.327-$0.180

320,000320,000

90,00090,00090,000

NYMEXNYMEXNYMEX

$0.528-$0.98340.140

9/18/20089/18/20089/18/2008

10.0007.00015 500

1.245(0.350)(0.380)

$112,050($31,500)($34,200)

$47,340($88,470)($12,600)

$44,720($42,000)($12,320)

NYMEXNYMEXNYMEX

10/8/200810/8/200810/8/2008

9.8006 00015.000

0.985(0.200)(0.260)

$78,800($16,000)($20,800)

$0.559-$0.525-$0.1S4

80,00080,00080,000

$106,080($89,250)($25,180)

$0.624-$0.525-$0.148

NYMEXNYMEXNYMEX

10/20/200810/20/200810/20/2008

9.4506.00015.200

1.085(0.300)(0.300)

$184,450($51,000)($51,000)

170,000170,000170,000

NYMEXNYMEX

$88,660($48,620)

$163,800($88,400)

260,000260,000

10/30/200810/30/2008

11.50014.000

0.630(0.340)

$0.341-$0.187

SOA36-$0.82740.143

NYMEXNYMEX

NYMEX

$30,520($57,890)($10,010)

10 5006.50015.500

1.040(0.180)(0.310)

$72,800($12,600)($21,700)

9/5/20089/5/20089/5/2008

70,00070,00070,000

$27,300($65,400)($8,580)

$0A55-$1.090-$0.143

10.3507.00015.500

1 080(0.330)(0.400)

$64,800($19,800)($24,000)

NYMEXNYMEXNYMEX

9/18/20089/18/20089/18/2008

60,00060,00060,000

$0A24-$0.188

$55,120($24,440)

$98,150($36,400)

NYMEXNYMEX

10/14/200810/14/2008

130,000130,000

10 60014 000

0 755(0.280)

$0.82740.827-$0.188

NYMEXNYMEX

NYMEX

$185,400($165,400)($37,800)

1 270(0.500)(0 300)

$254,000($100,000)($60,000)

10/21/20081 0/21/20081 0/21/2008

200,000200,000200,000

8.4006.50014.000

$63,000($31,200)

11.70015.000

0.575(0.280)

$115,000($56,000)

$0.315-$0.156

NYMEX

NYMEX1 0/30/200810/30/2008

200,000200,000

G3GasAccountingtGASACCIDEFERRED-Caroftnast2009Wlonthly Hedging Acct Reports-Filed-SCWedging Position and Mark-to-Market as of December 31, 2008


Market Value)

($60,750)($99,180)

($69,200)($88,160)$15,760

($39,060)

($103,530)($105,060)$17,850

($73,440)$29,340

($40,290)$18,150

($95,400)($137,550)$12,800

($100,800)($130,050)$32,400

($108,100)($154,560)$21,850

($76,360)$20,240

($53,800)($83,000)$17,600

($71,300)($66, 100)$28,200

($60,400)$19,200

($133,980)($84,970)$52,780

($86,400)$54,600

($79,970)($69,980)$27,500

($50,490)($33,770)$14,300

($76,340)$30,800

($101,780)$57,800

($64,710)($56,970)$21,800

($34,080)($26,000)$8,480

($78,370)($38,250)$25,840

($75, 140)$39,780

($42,280)($45,290)$11,690

($37,500)($45,600)$15,420

($43,030)$11,960

($88,600)($65,400)$22,400

($52,000)$24,800

SCHEDGINGPLANMARKTOMARKET#REFI

Pedod ToolOct-09 Call

Oct-09 Put

Oct-09 Call

Oct-09 Put

Oct-09 Call (Sold)

Oct-09 Call

Oct-09 Call

Oct-09 Put

Oct-09 Call (Sold)

Oct-09 Call

Oct-09 Call (Sold)

Oct-09 Call

Oct-09 Call (Sold)

Nov-09 Call

Nov-09 Put

Nov-09 Call (Sold)

NOV-09 Calf

Nov-09 Put

Nov-09 Call (Sold)

Nov-09 Call

Nov-09 Put

Nov-09 Call (Sold)

Nov-09 Call

Nov-09 Call (Sold)

Dec-09 Call

Dec-09 Put

Dec-09 Call (Sold)

Dec-09 Call

Dec-09 Put

Dec-09 Call (Sold)

Dec-09 Call

Dec-09 Call (Sold)

Dec-09 Call

Dec-09 Put

Dec-09 Call (Sold)

Dec-09 Call

Dec-09 Cag (Sold)

Jan-lO Call

Jan-10 Put

Jan-10 Call (Sold)

Jan-10 Call

Jan-10 Put

Jan-10 Call (Sold)

Jam10 Call

Jan-lO Call (Sold)

Jan-lO Call

Jan- 10 Call (Sold)

Feb-lO Call

Feb-10 Put

Feb-10 Call (Sold)

Feb-10 Call

Feb-10 Put

Feb- 10 Call (Sold)

Feb-10 Call

Feb-10 Put

Feb-10 Call (Sold)

Feb-10 Call

Feb-10 Call (Sold)

Mar-10 Call

Mar-10 Put

Maro 10 Call (Sold)

Mar-10 Call

Mar-10 Put

Mar-10 Call (Sold)

Mar-10 Call

Mar-10 Call (Sold)

Mar-10 Call

Mar-10 Put

Mar-10 Call (Sold)

Mar-10 Call

Mar-10 Call (Sold)

CourtS.arty

Open Positions - South Carolina

NYMEX

Original MMBtua Stflke/ Odglnal PuUOptlon/OTC


Date Per Month Prloe Price Coat/Proceeds Price

Current

Market

Value

$24,300

($135,180)

$24,800

($120,160)

($4,240)

$22,500

$68,170

($154,360)

($17,850)

$61,560

($22,860)

$43,010

($17,850)

$66,600

($190,050)

($17,400)

$63,450

($190,050)

($21,600)

$124,200

($269,560)

($24,150)

$84,640

($34,960)

$47,700

($65,0OO)

($8,400)

$43,200

($105,100)

($11,80O)

$79,600

($27,800)

$178,320

($171,970)

($34,220)

$90,600

($35,400)

$54,230

($105,160)

($14,300)

$57,860

($55,770)

($14,300)

$95,260

($35,200)

$104,640

($51,200)

$47,340

($88,470)

($12,600)

$44,720

($42,000)

($12,320)

$106,080

($69,250)

($25,160)

$68,660

($48,620)

$30,520

($57,890)

($10,010)

$27,300

($65,400)

($8,580)

$55,12o

($24,440)

$185,4oo

($165,400)

($37,600)

$63,000

($31,200)

NYMEX 8/11/2008 90,000 10.500 0.945 $85,050 $0.270

NYMEX 811112008 90,000 7,000 (0.400) ($36,000) -$1.502

NYMEX 8/29/2008 80,000 9.800 1.175 $94,000 $0.310

NYMEX 8/29/2008 80,000 7.000 (0.400) ($32,000) -$1.$62

NYMEX 812912008 80,000 17.000 (0.250) ($20,000) -$0.053

NYMEX 91912008 180,000 13.050 0.342 $61,560 $0.1_

NYMEX 912912008 170,000 8.750 1.010 $171,700 $0.401

NYMEX 9129/2008 170,000 6.000 (0.290) ($49,300) -$0.908

NYMEX 9129/2008 170,000 14.000 (0.210) ($35,700) -$0.105

NYMEX 10/14/2008 180,000 9.350 0,750 $135,000 $0.342

NYMEX 10/14/2008 180,000 13.000 (0.290) ($52,200) -$0.127

NYMEX 10/30/2008 170,000 10.850 0.490 $83,300 $0.253

NYMEX 10/30/2008 170,000 14.000 (0.200) ($34,000) -$0,105

NYMEX 9/4/2008 150,000 9.250 1.080 $162,000 $0.444

NYMEX 9/4/2008 150,000 7.000 (0.350) ($52,500) -$1.267

NYMEX 91412008 150,000 14.500 (0.200) ($30,000) -$0.116

NYMEX 9/17/2008 150,000 9.400 1,095 $164,250 $0.423

NYMEX 9/17/2008 150,000 7.000 (0.400) ($60,000) -$1.267

NYMEX 9/17/2008 150,000 13.500 (0.360) ($54,000) -$0.144

NYMEX 10/8/2008 230,000 8.650 1.010 $232,300 $0.540

NYMEX 10/8/2008 230,000 6.850 (0.500) ($115,000) -$1.172

NYMEX 10/8/2008 230,000 15.000 (0.200) ($46,000) -$0.105

NYMEX 10/14/2008 230,000 9.850 0.700 $161,000 $0.368

NYMEX 10/1412008 230,000 13.250 (0.240) ($55,200) -$0.152

NYMEX 911112008 100,000 9.800 1.015 $101,500 $0.477

NYMEX 9/1112008 100,000 6.600 (0.220) ($22,000) -$0.856

NYMEX 911112008 100,000 15.000 (0.260) ($26,000) -$0.084

NYMEX 9118/2008 100,000 10.100 1.145 $114,500 $0.432

NYMEX 911812008 100,000 7.000 (0.390) ($39,000) -$1.051

NYMEX 9/18/2008 100,000 14.000 (0.400) ($40,000) -$0.116

NYMEX 10/14/2008 200,000 10.350 0.700 $140,000 $0.398

NYMEX 10/14/2008 200,000 13.500 (0.235) ($47,000) -$0.139

NYMEX 10120/2008 290,000 9.000 1.070 $310,300 $0.608

NYMEX 1012012008 290,000 6.000 (0.300) ($87,000) -$0o693

NYMEX 10/20/2008 290,000 14.000 (0.300) ($87,000) -$0.118

NYMEX 1013012008 300,000 11.200 0.590 $177,000 $0.302

NYMEX 10/3012008 300,000 14.000 (0.300) ($90,000) -$0.118

NYMEX 911812008 110,000 10.0OO 1.220 $134,200 $0.493

NYMEX 9/18/2008 110,000 7.000 (0.320) ($35,200) -$0.956

NYMEX 911812008 110,000 15.000 (0.380) ($41,800) -$0.130

NYMEX 10/8/2008 110,000 9.800 0.985 $108,350 $0.528

NYMEX 10/8/2008 110,000 6.000 (0.200) ($22,000) -$0.$67

NYMEX 10/8/2008 110,000 15.000 (0.260) ($28,600) -$0.130

NYMEX 10/20/2008 220,000 10.400 0.780 $171,600 $0.433

NYMEX 10/20/2008 220,000 14.000 (0.300) ($66,000) -$0.160

NYMEX 1013012008 320,000 11.300 0.645 $206,400 $0.327

NYMEX 10/30/2008 320,000 14.000 (0.340) ($108,800) -$0.160

NYMEX 9/18/2008 90,000 10.000 1.245 $112,050 $0.528

NYMEX 9/18/2008 90,000 7.000 (0.350) ($31,500) -$0.983

NYMEX 9/18/2008 90,000 15.500 (0.380) ($34,200) -$0.140

NYMEX 1018/2008 80,000 9,800 0.985 $78,800 $0.559

NYMEX 1018/2008 80,000 6.000 (0,200) ($16,000) -$0.525

NYMEX 10/8/2008 80,000 15.000 (0.260) ($20,800) -$0.154

NYMEX 1012012008 170,000 9.450 1.085 $184,450 $0.624

NYMEX 1012012008 170,000 6.000 (0.300) ($51,000) -$0.525

NYMEX 10/20/2008 170,000 15.200 (0.300) ($51,000) -$0.148

NYMEX 1013012008 260,000 11.500 0.630 $163,800 $0.341

NYMEX 1013012008 260,000 14.000 (0.340) ($88,400) -$0.187

NYMEX 9/5/2008 70,000 10.500 1,040 $72,800 $0.436

NYMEX 9/5/2008 70,000 6.500 (0.180) ($12,600) -$0.827

NYMEX 91512008 70,000 15.500 (0.310) ($21,700) -$0.143

NYMEX 9118/2008 60,000 10.350 1.080 $64,800 $0.455

NYMEX 911812008 80,000 7.000 (0.330) ($19,800) -$1,090

NYMEX 9/1812008 80,000 15.500 (0.400) ($24,000) -$0,143

NYMEX 10114/2008 130,000 10.600 0.755 $98,150 $0.424

NYMEX 10114/2008 130,000 14.000 (0.280) ($36,400) -$0.186

NYMEX 10/21/2008 200,000 8.400 1.270 $254,000 $0.827

NYMEX 10/21/2008 200,000 6.500 (0.500) ($100,000) -$0.827

NYMEX 1012112008 200,000 14.000 (0.300) ($60,000) -$0.11_

NYMEX 10/30/2008 200,000 11.700 0.575 $115,000 $0.316

NYMEX 10/30/2008 200,000 15.000 (0.280) ($56,000) -$0.156

G:\GasAccounting\GASACC_DEFERRED-Carotinas_2009Wlonthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

Net Value

(Odglnal Cost

vs. Current

Market Value)

($60,75O)

($99,180)

($69,200)

($88,160)

$15,760

($39,060)

($103,530)

($105,060)

$17,850

($73,440)

$29,340

($40,290)

$16,150

($95,400)

($137,550)

$12,600

($100,800)

($t30,050)

$32,400

($108,100)

($154,560)

$21,850

($76,360)

$20,240

($53,800)

($63,000)

$17,600

($71,300)

($66,100)

$28,200

($60,400)

$19,200

($133,980)

($84,970)

$52,780

($66,400)

$54,600

($79,970)

($69,960)

$27,500

($50,490)

($33,770)

$14,300

($76,340)

$30,800

($101,760)

$57,600

($64,710)

($56,970)

$21,600

($34,080)

($26,000)

$8,480

($78,370)

($38,250)

$25,840

($75,140)

$39,780

($42,280)

($45,290)

$11,690

($37,500)

($45,800)

$15,420

($43,030)

$11,960

($88,6oo)

($65,4oo)

$22,400

($52,000)

$24,800

SC HEDGING PLANMARK TO MARKET¹REFI

Period Tool Counts a

OriginalTradeDate


0 n Positions - South CarolinaNYMEX

Strike/ Original Put/Option/OTCFixed Purchase Purchase MarketPrice Price Cost/Proceeds I rice

CurrentMarketValue


Market Value)

Apr-10Apr-10Apr-10

Apr-10Apr-10

Apr-10Apr-10Apr-10

Apr-10

Apr-10Apr-10

May-10May-10May-10

May-10May-10

May-10May-10

May-10May-10

May-10May-10

May-10May-10

Jun-10Jun-10Jun-10

Jun-10Jun-10

Jun-10Jun-10

Jun-10Jun-10

Jun-10Jun-10

Jun-10Jun-10

Jul-10Jul-10Jul-10

Jul-10Jul-10

Jul-10Jul-10

Jul-10Jul-10

Jul-10Jul-10

Aug-10Aug-10Aug-10

Aug-10Aug-10Aug-10

Aug-10Aug-10

Aug-10Aug-10

Aug-10Aug-10Aug-10

Sep-10Sep-10Sap-10

Sap-10

Sap-10Sap-10Sep-10

CallPut

Call (Sold)

CallPut

CallPut

Call (Sold)

Call

CallCall (Sold)

CallPut

Call (Sold)

CallPut

Call

Put

CallPut

CallCall (Sold)

Call

Call (Sold)

CallPut

Call (Sold)

CallPut

CallPut

CallPut

CallCall (Sold)

CallCall (Sold)

CallPut

Call (Sold)

CallPut

Call

Put

CallPut

CallCall (Sold)

Call

PutCall (Sold)

CallPut

Call (Sold)

CallPut

CallPut

CallPut

Call (Sold)

Call

PutCall (Sold)

Call

Call

PutCall (Sold)

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEX

NYMEXNYMEX

NYMEX

NYMEX

NYMEX

NYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEXNYMEX

NYMEX

NYMEX

NYMEX

NYMEX

NYMEX

NYMEXNYMEX

8/1/20088/1/20088/1/2008

8/11/20088/11/2008

9/5/20089/5/20089/5/2008

10/14/2008

10/30/200810/30/2008

7/28/20087/28/20087/28/2008

8/11/20088/11/2008

9/4/20089/4/2008

9/5/20089/5/2008

10/14/200810/14/2008

10/30/200810/30/2008

7/28/20087/28/20087/28/2008

8/11/20088/11/2008

9/4/20089/4/2008

9/5/20089/5/2008

10/14/200810/14/2008

10/30/20081 0/30/2008

8/1/20088/1/20088/1/2008

8/11/20088/11/2008

9/4/20089/4/2008

9/5/20089/5/2008

10/14/200810/14/2008

8/1/20088/1/20088/1/2008

8/20/20088/20/20088/20/2008

9/4/20089/4/2008

9/5/20089/5/2008

10/22/200810/22/20081 0/22/2008

8/29/20088/29/20088/29/2008

9/5/2008

10/20/200810/20/200810/20/2008

60,00060,00060,000

60,00060,000

120,000120,000120,000

190,000

180,000180,000

60,00060,00060,000

60,00060,000

60,00060,000

60,00060,000

190,000190,000

180,000180,000

70,00070,00070,000

60,00060,000

70,00070,000

60,00060,000

200,000200,000

200,000200,000

50,00050,00050,000

60,00060,000

50,00050,000

60,00060,000

160,000160,000

60,00060,00060,000

50,00050,00050,000

80,00060,000

50,00050,000

170,000170,000170,000

120,000120,000120,000

110,000

180,000180,000180,000

10 2507.00015.000

9.5507.000

8 6007.00014.000

10.850

9.50012.000

9.1006 80016.000

9.3507.000

9.1506 500

9.1506.500

9.25013.250

10.25013250

9.2506.80016.000

9.4007.000

9.5006 500

9.4006.500

9.35013.000

10.00013 000

9 8007.00015.000

9.6507.000

9 5006 500

9.5006.500

9.40013.000

9.9007.00015.000

9.1007.00014.800

10.0006.500

9.9506.500

8 9006.00014.000

9.3007.00016.000

12.800

8.5005.60013.950

0.847(0.270)(0 210)

0.845(0.320)

0.900(0 300)(0 100)

0 300

0 520(0.230)

1 009(0.340)(0 140)

0.820(0.300)

0.660(0.150)

0.660(0.150)

0 530(0 080)

0.410(0.140)

1.009(0.340)(0.140)

0.825(0.300)

0.660(0.150)

0.660(0.150)

0 530(0.080)

0.470(0.180)

0.990(0 270)(0.200)

0.855(0.330)

0.660(0.150)

0.655(0.150)

0.565(0 100)

1.081(0.280)(0.250)

1.070(0 350)(0 200)

0.660(0.150)

0.650(0.1 50)

0.770(0.300)(0.170)

1.115(0.400)(0.200)

0.340

0.965(0.300)(0.200)

$50,820($16,200)($12,600)

$50,700($19,200)

$108,000($36,000)($12,000)

$57,000

$93,600($41,400)

$60,540($20,400)($8,400)

$49,200($18,000)

$39,600($9,000)

$39,600($9,000)

$100,700($15,200)

$73,800($25,200)

$70,630($23,800)($9,800)

$49,500($18,000)

$46,200($10,500)

$39,600($9,000)

$106,000($16,000)

$94,000($36,000)

$49,500($13,500)($10,000)

$51,300($19,800)

$33,000($7,500)

$39,300($9,000)

$90,400($16,000)

$64,860($16,800)($15,000)

$53,500($17,500)($10,000)

$39,600($9,000)

$32,500($7,500)

$130,900($51,000)($28,900)

$133,800($48,000)($24,000)

$37,400

$173,700($54,000)($36,000)

$0.234-$1.15840.646

$0.311-$1.1SB

$0.46141.156-$0.064

$0.185

$0.31849.122

$0.375-$1.OSO

-$0.040

$0.340-$1.170

$0.369-$1.017-$0.042

$0.368-$1.133

$0.37540.106

$0.297-$0.106

$0.363-$1.123-SO.OSS

$0.38441.123

$0.407-$0.8S1

$0.407-$0.851

$0.423-$0.111

$0.404-$1.123-$0.075

$0.53341.123-$0.080

$0.39040.SSS

$0.397-$0.655

$0.57240.624-$0.103

$6.57S-$1.18340.080

$0.747-SO.S24-$0.140

$14,040($69,360)($2,880)

$18,680($69,360)

$55,320($138,720)($7,880)

$35,150

$57,240($21,960)

$22,500($63,000)($2,400)

$20,400($70,200)

$22,080($52,980)

$22,080($52,980)

$67,260($16,340)

$43,380($15,480)

$27,230($71,190)($2,940)

$22,080($67,980)

$24,850($59,780)

$22,080($51,240)

$75,000($21,200)

$59,400($21,200)

$18,150($56, 150)($2,750)

$23,040($67,380)

$20,350($42,550)

$24,420($51,060)

$67,680($17,760)

$24,240($67,380)($4,500)

$26,650($58,150)($4,000)

$23,400($51,300)

$19,850($42,750)

$97,240($106,080)($17,510)

$69,000($141,960)

($9,800)

$21,580

$134,460($94,320)($25,200)

($38,780)($53,160)$9,720

($32,040)($50,160)

($52,680)($102,720)

$4,320

($21,850)

($36,380)$19,440

($38,040)($42,600)$6,000

($28,800)($52,200)

($17,520)($43,980)

($17,520)($43,980)

($33,440)($1,140)

($30,420)$9,720

($43,400)($47,390)$6,860

($27,420)($49,980)

($21,350)($49,280)

($17,520)($42,240)

($31,000)($5,200)

($34,600)$14,800

($31,350)($42,850)$7,250

($28,260)($47,580)

($12,850)($35,050)

($14,880)($42,060)

($22,720)($1,760)

($40,620)($50,580)$10,500

($26,850)($38,650)$6,000

($16,200)($42, 300)

($12,650)($35,250)

($33,660)($55,080)$11,390

($64,800)($93,960)$14,400

($15,840)

($39,240)($40,320)$10,800

G''LGasAccounting(GASACC'iDEFERRED-Carolinast2009V/lcnthly Hedging Acct Reports-Filed-SC)Hedging Position and Mark-to-Market as of December 31, 2008

SC HEDGING PLAN

MARK TO MARKET

#REFI

Period Tool Counterparty

Apt-10

Apr-10

Apt-10

Apr-lO

Apr-lO

Apt-10

Apt-10

Apr-lO

Apt-10

Apt-10

Apt-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

May-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-10

Jun-lO

Jul-10

Jul-10

Jul-10

Jul-10

Jul-10

Jul-10

Jul-10

Juhl0

Jul-10

Jul-10

Jul-10

Aug-10

Aug-10

Aug-10

Aug-10

Aug-10

Aug-10

Aug-10

Aug-lO

Aug-10

Aug-10

Aug-10

Aug-10

Aug-10

Sep-10

Sep-10

Sep-10

Sep-10

Sep-10

Sap-10

Sep-10

Open Positions - South Carolina

NYMEX

Odglnal MMBtua Stdke/ Odglnsl Put/Optlon/OTC


Date Per Month Pdce Price Coat/Proceeds Pdce

Call NYMEX 8/112008 60,000 10.250 0.847 $50,820 $0,234

Put NYMEX 81112008 60,000 7.000 (0.270) ($16,200) -$1.156

Call (Sold) NYMEX 8/1/2008 60,000 15.000 (0.210) ($12,600) -$0.048

Carl NYMEX 8/11/2008 60,000 9.550 0.845 $50,700 $0.311

Put NYMEX 811112008 60,000 7.000 (0.320) ($19,200) -$1.158

Call NYMEX 91512008 120,000 8.600 0.900 $108,000 $0.461

Put NYMEX 9/5/2008 120,000 7.000 (0.300) ($36,000) -$1.156

Call (Sold) NYMEX 9/5/2008 120,000 14.000 (0.100) ($12,000) -$0.064

Call NYMEX 10/14/2008 190,000 10.850 0.300 $57,000 $0.165

Call NYMEX 10/30/2008 180,000 9.500 0.520 $93,600 $0.318

Call (Sold) NYMEX 1013012008 180,000 12.000 (0.230) ($41,400) -$0.122

Call NYMEX 7/28/2008 60,000 9.100 1.009 $60,540 $0.376

Put NYMEX 7/28/2008 60,000 6.800 (0.340) ($20,400) -$1.050

Call (Sold) NYMEX 712812008 60,000 16.000 (0.140) ($8,400) -$0.040

Call NYMEX 8111/2008 60,000 9.350 0.820 $49,200 $0.340

Put NYMEX 8111/2008 60,000 7.000 (0.300) ($18,000) -$1.170

Call NYMEX 9/4/2008 60,000 9.150 0.660 $39,600 $0.368

Put NYMEX 9/4/2008 60,000 6.500 (0.150) ($9,000) -$0.883

Call NYMEX 9/5/2008 60,000 9.150 0.660 $39,600 $0.365

Put NYMEX 9/5/2008 60,000 6.500 (0.150) ($9,000) -$0.883

Call NYMEX 10/1412008 190,000 9.250 0.530 $100,700 $0.354

Call (Sold) NYMEX 1011412008 190,000 13.250 (0.080) ($15,200) -$0.086

Call NYMEX 10/30/2008 180,000 10.250 0.410 $73,800 $0.241

Call (Sold) NYMEX 10/30/2008 180,000 13.250 (0.140) ($25,200) -$0.0_N_

Call NYMEX 7/28/2008 70,000 9.250 1.009 $70,630 $0,369

Put NYMEX 7/28/2008 70,000 6.800 (0.340) ($23,800) -$1.017

Call (Sold) NYMEX 7/28/2008 70,000 18.000 (0.140) ($9,800) -$0.042

Call NYMEX 8/11/2008 60,000 9.400 0.825 $49,500 $0.368

Put NYMEX 8/1112008 60,000 7.000 (0.300) ($18,000) -$1.133

Call NYMEX 91412008 70,000 9.500 0.660 $46,200 $0.355

Put NYMEX 9/4/2008 70,000 6.500 (0.150) ($10,500) -$0.864

Call NYMEX 915/2008 60,000 9.400 0.660 $39,(_00 $0.368

Put NYMEX 9/5/2008 60,000 6.500 (0.150) ($9,000) -$0.954

Call NYMEX 1011412008 200,000 9.350 0.530 $106,000 $0.375

Call (Sold) NYMEX 10/14/2008 200,000 13.000 (0.080) ($16,000) -$0.106

Call NYMEX 10130/2008 200,000 10.000 0.470 $94,000 $0.297

Ca_l (Sold) NYMEX 1013012008 200,000 13.000 (0.180) ($36,000) -$0.106

Call NYMEX 8/1/2008 50,000 9.800 0.990 $49,500 $0.353

Put NYMEX 8/1/2008 50,000 7.000 (0.270) ($13,500) -$1.123

Call (Sold) NYMEX 8/1/2008 50,000 15.000 (0,200) ($10,000) -$0.066

Call NYMEX 8/11/2008 60,000 9.650 0.855 $51,300 $0.384

Put NYMEX 8/11/2008 60,000 7.000 (0,330) ($19,800) -$1.123

Call NYMEX 914/2008 50,000 9.500 0.660 $33,000 $0.407

Put NYMEX 91412008 50,000 6.500 (0.150) ($7,500) -$0.861

Call NYMEX 915/2008 60,000 9.500 0.655 $39,300 $0.407

Put NYMEX 9/5/2008 60,000 61500 (0.150) ($9,000) -$0.851

Call NYMEX 10/14/2008 160,000 9.400 0.565 $90,400 $0.423

Call (Sold) NYMEX 10/14/2008 160,000 13.000 (0.100) ($16,000) -$0.111

Call NYMEX 8/1/2008 60,000 9.900 1.081 $64,860 $0.404

Put NYMEX 8/1/2008 60,000 7.000 (0.280) ($16,800) -$1.123

Call (Sold) NYMEX 8/1/2008 60,000 15.000 (0.250) ($15,000) -$0.075

Call NYMEX 812012008 50,000 9.100 1.070 $53,500 $0.833

Put NYMEX 8/20/2008 50,000 7.000 (0.350) ($17,500) -$1.123

Call (Sold) NYMEX 8/20/2008 50,000 14.800 (0.200) ($10,000) -$0.080

Call NYMEX 9/4/2008 60,000 10.000 0,660 $39,600 $0.390

Put NYMEX 91412008 60,000 6.500 (0.150) ($9,000) -$0.1155

Cal_ NYMEX 915/2008 50,000 9.950 0.850 $32,500 $0.397

Put NYMEX 9/5/2008 50,000 6.500 (0.150) ($7,500) -$0.855

Call NYMEX 10122/2008 170,000 8.900 0.770 $130,900 $0.572

Put NYMEX 10122/2008 170,000 8.000 (0.300) ($51,000) -$0.624

Call (Sold) NYMEX 10122/2008 170,000 14.000 (0.170) ($28,900) -$0.103

Call NYMEX 8129/2008 120,000 9.300 1.115 $133,800 $0.575

Put NYMEX 8129/2008 120,000 7.000 (0.400) ($48,000) -$1.183

Call (Sold) NYMEX 8/29/2008 120,000 18.000 (0.200) ($24,000) .$0.080

Call NYMEX 9/5/2008 110,000 12.800 0.340 $37,400 $0.196

Call NYMEX 10/20/2008 180,000 8.500 0.965 $173,700 $0.747

Put NYMEX 1012012008 180,000 5.600 (0.300) ($54,000) -$0.524

Call (So_d) NYMEX 10/20/2008 180,000 13.950 (0.200) ($36,000) -$0.140

Current

Market

Value

$14.040

($69,360)

($2,880)

$18,660

($69,360)

$55,320

($138,720)

($7,680)

$35,150

$57,240

($21,960)

$22,50O

($63,000)

($2,400)

$20,400

($70,200)

$22,080

($52,980)

$22,080

($52,980)

$67,260

($18,340)

$43,380

($15,480)

$27,230

($71,190)

($2,940)

$22,080

($67,980)

$24,850

($59,780)

$22,080

($51,240)

$75,000

($21,200)

$59,400

($21,200)

$18,150

($56,150)

($2,750)

$23,040

($67,380)

$20,350

($42,550)

$24,420

($51,060)

$67,680

($17,760)

$24,240

($67,380)

($4,500)

$26,650

($56,150)

($4,000)

$23,400

($51,300)

$19,850

($42,750)

$97,240

($106,080)

($17,510)

$69,000

($141,960)

($9,800)

$21,560

$134,460

($94,320)

($25,200)

G:\GasAccounting\GASACC_)EFERRED-Carolinas_2009WIonthly Hedging Acct Reports-Filed-SC_Hedging Position and Mark-to-Market as of December 31, 2008

Net Value

(Original Cost

vs. Current

Market Value)

($36,780)

($53,160)

$9,720

($32,040)

($50,160)

($82,680)

($102,720)

$4,320

($21,850)

($36,360)

$19,440

($38,040)

($42,600)

$6,000

($28,8OO)

($52,200)

($17,520)

($43,980)

($17,520)

($43,980)

($33,440)

($1,140)

($30,420)

$9,720

($43,400)

($47,390)

$6,860

($27,420)

($49,980)

($21,35O)

($49,280)

($17,520)

($42,240)

($311O00)

($5,200)

($34,600)

$14,800

($31,350)

($42,650)

$7,250

($28,260)

($47,580)

($12,650)

($35,050)

($14,880)

($42,060)

($22,720)

($1,760)

($40,620)

($50,580)

$10,500

($26,850)

($38,650)

$6,000

($16,200)

($42,300)

($12,650)

($35,250)

($33,660)

($55,080)

$11,390

($64,800)

($93,960)

$14,400

($15,840)

($39,240)

($40,320)

$10,800

SC HEDGING PLANMARK TO MARKET6REFI

PeriodOct-10Oct-10Oct-10

ToolCallPut

Call (Sold)

Counts aNYMEXNYMEX

NYMEX

OriginalTradeDate

9/29/20089/29/20089/29/2008


170,000170,000170,000

0 n Positions - South Carolina

9 0006.50015.000

1 040(0.300)(0.230)

$176,800($51,000)($39,100)

Strike/ OriginalFixed Purchase PurchasePrice Price Cost/Proceeds

NYMEX

Put/Option/OTCMarketPrice

$0.713-$0.936-$0.161

CurrentMarketValue

$121,210($159,120)($27,370)


Market Value)($55,590)

($108,120)$11,730

Oct-10Oct-10

Oct-10Oct-10

Nov-10Nov-10

CallPut

CallCail (Sold)

CallCall (Sold)

NYMEXNYMEX

NYMEXNYMEX

NYMEXNYMEX

10/7/200810/7/2008

10/20/200810/20/2008

11/3/200811/3/2008

180,000180,000

260,000260,000

300,000300,000

10.0006.000

11.50015.000

12.25016.000

0.700(0.200)

0.510(0.200)

0.480(0.170)

$126,000($36,000)

$132,600($52,000)

$144,000($51,000)

$0.542-$0.702

$0.372-$0.161

$0.334-$0.140

$97,560($126,360)

$96,720($41,860)

$100,200($42,000)

($28,440)($90,360)

($35,880)$10,140

($43,800)$9,000

SUMMARY: 32,400,000 ($7,295,020) ($13,217,060)

SC ClosedlO n Position TOTALS;*' Stg 973070 $1 134 316 $16 838 754

G tGasAccounting'iGASACC)DEFERRED-Carolinast2009Wlontnly Hedging Acct Reports-Filed-SC(Hedging Position and Mark-to-Market as of December 31, 2008

SCHEDGINGPLANMARKTOMARKET#REFI

OpenPositions-SouthCarolinaNYMEX NetValue

OdglnalMMBtus Stdke/ Original Put/Optlon/OTCCurrent (OriginalCostTrade PurchasedFixed Purchase Purchase Market Market vs.Current

Pedod Tool CounterpsrtyDate PerMonth Pdce Price Cost/Pro_____- Price Value MarketValue)Oct-10 Cal NYMEX 912912008 170,000 9.000 1.040 $176,800 $0.713 $121,210 ($55,590)

Oct-10 Put NYMEX 9/29/2008 170,000 6.500 (0.300) ($51,000) --$0.936 ($159,120) ($108,120)

Oct-10 Call (Sold) NYMEX 8/2912008 170,000 15.000 (0.230) ($39,100) -$0,101 ($27,370) $11,730

Oct-10 Cal NYMEX 10/7/2008 180,000 10.000 0.700 $128,000 $0.542 $97,560 ($28,440)

Oct-10 Put NYMEX 10/7/2008 180,000 8.000 (0.200) ($36,000) -$0.702 ($128,360) ($90,360)

Oct-10 Call NYMEX 10/20/2008 260,000 11.500 0.510 $132,600 $0.372 $96,720 ($35,880)

Oct-10 Call (Sold) NYMEX 1012012008 280,000 15.000 (0.200) ($52,000) -$0,161 ($41,860) $10.140

Nov-10 Call NYMEX 11/3/2008 300,000 12.250 0.480 $144,000 $0.334 $100,200 ($43,800)

Nov-10 Call (Sold) NYMEX 111312008 300,000 16.000 (0.170) ($51,000) -$0.140 ($42,000) $9,000

SUMMARY: 32,400,000 $5,922,060 ($7,295,020) ($13,217,080)

SC Closed/Open _;_n TOTALS_ i ;:i!!! ! i ;ili ;!i!iili!!iii ; :i !ii!ii !!! $i9i9_i070 ...... _ .... $t_134=316 ($1_,_-_u_, 754) I

G:\GasAccounting\GASACC\DEFERRED-Carolinas_009Vvlonthly Hedging Acct Reports-Fled-SC_edging Positon and Mark-to-Market as of December 31, 2008

~~ STATE SOUTH - South Carolina

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