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Bryan Mound Sweet

MU

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MAXO

Bryan Mound Sour

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DUP

UPS

MUNQ YN

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Toll Price (UPS X DESQ)

DUI P

UPS

MNO YN

DESQ

Tot Piloo (UPS X DESQ)

Bryan Mound Maya

MLI 0 0/3

West Hackberry Sweet

MAXO

MU 004

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DU-Dalivery Line Item (25)
UPS-Unit Prioa (U.8. SYBBL (*3)
P-Preference (4)

Offer

MAXQ-Maxdmnur MLI Quantity (1000 BBL) (1)
DE8Q-Doalrad DU Quantity (1000 BBL) (5)
MINQ-Minimum Contred Quantity (1000 BBL) (8)

• Seo Instructions

Exhibit A

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Signatura: Offeror or Agent

By signing below the offoror certifios agreement without exception to all terms and conditions applicable to this sale and that the maximum potential contract amount (Instruction 8) is $_

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Exhibit B - Sample Notice of Sale (NS)

1.

NS No. DE-NS96-92P0x000x is issued (date) for sale of Strategic Petroleum Reserve (SPR) crude oil. All references to "Provision No." refer to the Standard Sales Provisions (SSPs) published in the Federal Register (date). All provisions are applicable to this sale except that provision No(s). (give number or numbers) are supplemented or modified to read: (give changes). Additional requirements applicable to this sale are as follows: (give text).

(Note: Should the SSPs be extensively changed, the Notice of Sale (NS) may include, for information purposes only, a complete text of the SSPs as modified for the sale. Offerors are cautioned, however, that these modified complete text SSPs have no contractual status and that in the event of any inconsistencies, the published SSPs and the NS shall establish the terms and conditions for the sale.)

2.

Mailed and handcarried offers and offer guarantees must be received by 3:00 p.m. local time on (date) at (address). Offer guarantees sent by wire transfer must also be received at the U.S. Treasury by the time stated above.

3.

Offerors must give names, addresses and telephone numbers, including area codes, for authorized representative of the offeror with whom the Government may conduct any necessary discussions, including financial.

4.

Direct questions regarding NS to (name of individual), telephone (504) 734-4660. Collect calls will not be accepted.

5.

Master Line Item (MLI) numbers given herein refer to those schedules attached as Exhibit
A of the SSPs. The quantities for each MLI offered for sale are as follows:

MLI 001:
MLI 004:
MLI 007:

bbls; MLI 002 not offered this sale; MLI 003: . bbls:

bbls; MLI 005 not offered this sale; MLI 006 not offered this sale, bbls; MLI 008: bbls; MLI 009 not offered this sale; MLI 010:

bbls.

6.

Offered delivery line items (DLI) and their maximums, i.e., offered DLIs and the Department of Energy's best estimates of the maximum amount of petroleum that can be moved by each delivery line item transportation system over the delivery period, are as follows (see provision No. B.17 of the SSPs):

7.

Minimum quantities which will be awarded for each delivery line item (DLI) are as follows:

8.

Consideration to be paid for alteration of contract delivery modes in accordance with provision No. C.6 is as follows:

9.

Applicable quality differentials are plus or minus

¢ per degree API gravity, or part

thereof, for sweet crude oil streams, and plus or minus € per one-tenth degree API gravity for sour crude oil streams. These quality adjustments will only be applied to the amount of variation by which the API gravity of the crude oil delivered differs by more than plus or minus five-tenths of one degree API (+/-0.5° API) from the API gravity of the crude oil stream contracted for as published in this Notice of Sale.

10.

The following information is provided in connection with SSP Provision No. B.4 "Superfund tax on SPR petroleum - caution to offerors":

11.

All offerors and purchasers are cautioned that letters of credit must not vary in substance from the sample provided in Exhibits F and G. Nonconforming provisions must be deleted and missing substantive provisions must be added or the letter of credit will not be accepted.. It is recommended, therefore, that offerors/purchasers review letters of credit issued on their behalf, to assure their full compliance with the above cited Exhibits.

12.

The information to be included for payment by wire transfer of funds over the Federal Deposit
System Network is provided in Attachment_. Information to be included for payment by
electronic funds transfer using the Automated Clearing House Network is provided in
Attachment

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