-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JGSYEWYaArlWHKoKideYdfBKNWp4cdHU8EgK1CjVH7LXYXzpP+vWmDdMSJ1r7kn/ ifZvsKbD3SL5Vjzq2XDnFw== 0000893220-00-000711.txt : 20000523 0000893220-00-000711.hdr.sgml : 20000523 ACCESSION NUMBER: 0000893220-00-000711 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000522 ITEM INFORMATION: FILED AS OF DATE: 20000522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA ENERGY GROUP CENTRAL INDEX KEY: 0000022099 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 131594808 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-01098 FILM NUMBER: 640926 BUSINESS ADDRESS: STREET 1: 13880 DULLES CORNER LANE STREET 2: SUITE 300 CITY: HENDERON STATE: VA ZIP: 20171-4600 BUSINESS PHONE: 7035616000 MAIL ADDRESS: STREET 1: 13880 DULLES CORNER LANE STREET 2: SUITE 300 CITY: HERNDON STATE: VA ZIP: 20171-4600 FORMER COMPANY: FORMER CONFORMED NAME: COLUMBIA GAS SYSTEM INC DATE OF NAME CHANGE: 19920703 8-K 1 COLUMBIA ENERGY GROUP FORM 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event Reported) May 22, 2000 ----------------- COLUMBIA ENERGY GROUP --------------------- (Exact name of registrant as specified in its charter) Delaware 1-1098 13-1594808 - ---------------------------- ----------------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 13880 Dulles Corner Lane, Herndon, VA 20171-4600 ------------------------------------------------ (Address of principal executive offices) Registrant's telephone number, including area code (703) 561-6000 -------------- 2 Item 5. Other Events Information contained in a News Release dated May 22, 2000 is incorporated herein by reference. 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Columbia Energy Group ---------------------------------- (Registrant) By /s/ J. W. Grossman ------------------------------- Vice President & Controller Date: May 22, 2000 4 FOR IMMEDIATE RELEASE CONTACTS: May 22, 2000 Financial Community Thomas L. Hughes 703/561-6001 Melissa E. Bockelmann 703/561-6011 News Media R. A. Rankin, Jr. 703/561-6044 Michael J. McGarry 703/561-6063 COLUMBIA ENERGY GROUP TO SELL PROPANE AND PETROLEUM MARKETING OPERATIONS HERNDON, Va., May 22, 2000 - Columbia Energy Group today announced that it has decided to sell Columbia Propane Corporation, a wholly owned subsidiary. Based in Richmond, Va., Columbia Propane is the fifth largest propane marketer in the United States, with operations in more than 30 states and nearly 350,000 customers. Annualized sales are approximately 270 million gallons. The company also announced its decision to sell Columbia Petroleum Corporation, a diversified petroleum distribution company based in Richland, Pa. Columbia Petroleum engages in retail and wholesale petroleum product sales, transportation, and branded gasoline distribution. In addition to its primary service territory in Pennsylvania, Columbia Petroleum also serves customers in New Jersey, Maryland, and Virginia. Its annualized petroleum sales are approximately 320 million gallons. Columbia Energy Group officials said the planned dispositions resulted from its ongoing evaluation of assets in view of the company's business priorities. It was determined that these assets are not consistent with Columbia's long-term strategy. Columbia's review of assets and operations is continuing. A briefing package for potential buyers will be prepared. Companies with an interest in acquiring either of the businesses should contact Philip Aldridge, vice president of corporate finance at Columbia Energy Group, (703) 561-6197. For specific information regarding Columbia Petroleum, please contact Greg Driscoll, managing director of Legg Mason at (215) 496-8314. Columbia Energy Group, based in Herndon, Va., is one of the nation's leading energy services companies, with assets of approximately $7 billion. Its operating companies engage in nearly all phases of the natural gas business, including exploration and production, transmission, storage and distribution, as well as retail energy marketing, propane and petroleum product sales, and electric power generation. Information about Columbia Energy Group (NYSE:CG) is available on the Internet at www.columbiaenergygroup.com. # # # -----END PRIVACY-ENHANCED MESSAGE-----