```
 
 
NATURAL GAS ICE HENRY HUB - ICE OTC                                  Code-023391
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:    4,688,481
COMMITMENTS
 324,845  412,158  1511951  2835897  2748762  4672693  4672871   15,788   15,610

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:     68,139)
 -13,715   19,334   24,529   60,394   28,419   71,208   72,282   -3,069   -4,143

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.9      8.8     32.2     60.5     58.6     99.7     99.7      0.3      0.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      225)
      37       33       63      143      136      209      205
 
 
SOCAL BORDER FIN BASIS - ICE OTC                                     Code-023393
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      334,263
COMMITMENTS
  15,781    2,322   11,240  297,582  314,383  324,603  327,945    9,660    6,318

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:      5,055)
   5,141      498   -3,239    4,021    6,360    5,923    3,619     -868    1,436

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.7      0.7      3.4     89.0     94.1     97.1     98.1      2.9      1.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       56)
       6        3        8       39       37       48       45
 
 
PG&E CITYGATE FIN BASIS - ICE OTC                                    Code-023394
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      188,627
COMMITMENTS
   5,760      518    3,997  175,560  181,158  185,317  185,673    3,310    2,954

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:      6,522)
     977      518      532    4,670    3,522    6,179    4,572      343    1,950

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.1      0.3      2.1     93.1     96.0     98.2     98.4      1.8      1.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       49)
       4        2        3       33       40       39       43
 
 
NWP ROCKIES FIN BASIS - ICE OTC                                      Code-023395
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      334,160
COMMITMENTS
   3,079   34,430    3,801  323,909  291,481  330,789  329,712    3,371    4,448

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:      3,968)
    -975    1,261   -1,273    5,785    4,069    3,537    4,057      431      -89

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.9     10.3      1.1     96.9     87.2     99.0     98.7      1.0      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       50)
       1        6        4       36       33       40       40
 
 
AECO FIN BASIS - ICE OTC                                             Code-023396
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      793,707
COMMITMENTS
   1,067   19,739   17,302  768,328  750,507  786,697  787,548    7,010    6,159

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:     54,482)
  -1,281    2,887      437   51,155   46,633   50,311   49,957    4,171    4,525

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.1      2.5      2.2     96.8     94.6     99.1     99.2      0.9      0.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       68)
       1        4        4       56       50       61       54
 
 
CHICAGO FIN BASIS - ICE OTC                                          Code-023397
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      227,342
COMMITMENTS
  10,013    6,691    9,008  202,581  206,944  221,602  222,643    5,740    4,699

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:     -1,005)
  -3,067   -2,900    2,353     -856     -927   -1,570   -1,474      565      469

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.4      2.9      4.0     89.1     91.0     97.5     97.9      2.5      2.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       49)
       3        2        4       34       39       39       43
 
 
HSC FIN BASIS - ICE OTC                                              Code-023398
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      419,596
COMMITMENTS
   8,946        0   25,547  374,755  388,705  409,248  414,252   10,348    5,344

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:       -946)
  -1,150   -9,599    5,690   -8,229    1,046   -3,689   -2,863    2,743    1,917

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.1      0.0      6.1     89.3     92.6     97.5     98.7      2.5      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       59)
       5        0        5       46       39       51       44
 
 
WAHA FIN BASIS - ICE OTC                                             Code-023399
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/22/11          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(Contracts of 2,500  MMBTU'S)                        OPEN INTEREST:      180,123
COMMITMENTS
   8,513    5,232    6,553  162,128  161,751  177,194  173,536    2,929    6,587

CHANGES FROM 11/15/11 (CHANGE IN OPEN INTEREST:      9,206)
  -2,343    4,729    1,544   10,798    3,725    9,999    9,998     -793     -792

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.7      2.9      3.6     90.0     89.8     98.4     96.3      1.6      3.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
       2        1        2       30       33       32       36
```

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Updated November 28, 2011