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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 6, 2010 (Date of earliest event reported) Corning Natural Gas Corporation (Exact name of registrant as specified in its charter) New York 000-00643 16-0397420 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
330 West William Street, Corning, New York |
14830 |
(Address of principal executive offices) |
(Zip Code) |
(607) 936-3755
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed or furnished as part of this Current Report on Form 8-K:
99.1 Press Release of Corning Natural Gas Corporation, dated August 6, 2010.
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.
Corning Natural Gas Corporation
By: /s/ Michael I. German
Name: Michael I. German
Title: President and Chief Executive Officer
Dated: August 6, 2010
NEWS RELEASE
CONTACT: Jerry Sleve
Vice President - Administration
Phone: (607) 936-3758 ext. 223
Fax: (607) 962-2844
Date: August 6, 2010
FOR IMMEDIATE RELEASE
Corning Natural Gas Completes Major Pipeline Upgrades
Corning, N.Y. (Friday, August 6, 2010) - Corning Natural Gas Corporation (OTCBB:CNIG), ("Corning") a natural gas distribution company, announced that the largest upgrade of pipeline facilities in the history of the Company has been completed. This upgrade will improve the safety and reliability of our natural gas system as well as allow Corning to provide lower cost gas to our customers.
"This project is a part of Corning's plan to continuously improve the safety and reliability of our infrastructure system," said Matt Cook, Vice President of Operations and Engineering. The work also allows the Company to deliver increased quantities of local production gas thereby reducing gas costs. The Company's strategy of bringing more local production to its customers thereby benefiting every customer on the Corning system, from large industrial users to residential customers.
This project cost $1.5 million and should allow Corning Natural Gas to transport up to 70 million cubic feet of natural gas from Marcellus Shale wells in Pennsylvania to our customers.
Forward-Looking Statements
This press release may contain statements that, to the extent they are not recitations of historical facts, constitute "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 (Reform Act). All such forward-looking statements are intended to be subject to the safe harbor protection provided by the Reform Act. A number of important factors affecting Corning's business and financial results could cause actual results to differ materially from those stated in the forward-looking statements.
About Corning Natural Gas
Corning Natural Gas Corporation, headquartered in Corning, New York, was incorporated in 1904. Corning is a local distribution company (LDC) that provides natural gas service to approximately 15,000 customers through over 400 miles of pipeline in the Southern Tier and Central regions of New York State.