At 7:30 of the third period in the Oilers/Avalanche game, Colorado requested a Coach's Challenge to review the "Interference on the Goalkeeper" decision that resulted in a "no goal" call.
After reviewing all available replays and consulting with the Referees, the Situation Room determined that Colorado's Alexander Kerfoot was making a play on a loose puck and the puck entered the net in a legal fashion. The decision was made in accordance with Rule 69.7 which states, in part, that the goal on the ice should have been allowed because "in a rebound situation, or where a goalkeeper and attacking player(s) are simultaneously attempting to play a loose puck, whether inside or outside the crease, incidental contact will be permitted, and any goal that is scored as a result thereof will be allowed."
Therefore the original call is overturned - good goal Colorado Avalanche.
Since the Coach's Challenge did not result in the original call being overturned, the Colorado Avalanche retain their time-out.