35-CERT

         UNITED STATES OF AMERICA
                Before the
    SECURITIES AND EXCHANGE COMMISSION
- --------------------------------------------

In the Matter of

NATIONAL FUEL GAS COMPANY                                THIRTY-NINTH
NATIONAL FUEL RESOURCES, INC.                            CERTIFICATE
                                                         PURSUANT TO
File No. 70-7833                                           RULE 24

(Public Utility Holding Company Act of 1935)

- --------------------------------------------

        In accordance with the terms of the Order dated December 20, 1991 issued
to National  Fuel Gas  Company  ("National")  authorizing  National to
acquire the common  stock of National  Fuel  Resources,  Inc.  ("NFR")
(File No. 70-7833, HCAR No. 35-25437),  attached as Exhibit "A"  is an
Income  Statement  of NFR for the Three and Twelve  Months ended  September  30,
2001. Also attached as Exhibit  "B" is the Balance sheet of NFR as of
September 30, 2001.

        IN WITNESS WHEREOF, the undersigned companies have duly caused this
 Certificate to be signed this 14th day of November, 2001.

                                      NATIONAL FUEL RESOURCES, INC.



                                      By:  /s/ Donna L. DeCarolis
                                         ---------------------------------------
                                         Donna L. DeCarolis, Vice President


                                      NATIONAL FUEL GAS COMPANY



                                      By:  /s/ James R. Peterson
                                         ---------------------------------------
                                         James R. Peterson, Assistant Secretary

EX-99

                                                                       Exhibit A

                          NATIONAL FUEL RESOURCES, INC.
                                INCOME STATEMENT


                                          Three                    Twelve
                                       Months Ended             Months Ended
                                    September 30, 2001       September 30, 2001
                                    ------------------       ------------------

                                         Actual                     Actual

Operating Revenues                    $24,621,492               $259,205,781
                                      -----------               ------------

Operating Expenses:

Purchased Gas                          27,483,730                255,628,843
Purchased Electric                         64,517                  1,633,663
Operation                                 928,408                  5,993,125
Depreciation, Depletion
   & Amortization                          43,014                    212,279
Franchise & Other Taxes                     2,052                    105,719
                                      -----------               ------------
                                       28,521,721                263,573,629
                                      -----------               ------------

Operating Loss                         (3,900,229)                (4,367,848)
                                      -----------               ------------

Interest Income                           494,659                    924,705
Interest Expense                           77,224                  1,648,559
                                      -----------               ------------

Net Loss Before Taxes                  (3,482,794)                (5,091,702)
                                      -----------               ------------

Income Taxes:

Federal                                (2,458,295)                (2,870,607)
State                                       5,301                    101,563
Deferred                                1,302,965                  1,109,322
                                      -----------               ------------
                                       (1,150,029)                (1,659,722)
                                      -----------               ------------

Net Loss                              $(2,332,765)              $ (3,431,980)
                                      ===========               ============

EX-99

                                                                       Exhibit B
                          NATIONAL FUEL RESOURCES, INC.
                                  BALANCE SHEET

                                             AT SEPTEMBER 30,
                                       ----------------------------
                                           2001            2000
                                       -----------      -----------
ASSETS
Current Assets:
  Cash and Temporary
    Cash Investments                   $22,640,186      $13,939,170
  Accounts Receivable - Net             13,908,666       18,603,913
  Accounts Receivable - Interco
  Reserve for Bad Debts
  Gas Stored Underground                 9,288,227       13,774,379
  Other Current Assets                     126,755         (305,588)
                                       -----------      -----------
                                        45,963,834       46,011,874
                                       -----------      -----------

Property, Plant, and Equipment
  Furniture and Fixtures                   971,791          866,345
Less - Accumulated DD&A                   (709,478)        (506,230)
                                       -----------      -----------
                                           262,313          360,115
                                       -----------      -----------

Other Assets                            22,287,072          748,826
                                       -----------      -----------

                                       $68,513,219      $47,120,815
                                       ===========      ===========

LIABILITIES
Current Liabilities:
  Accounts Payable                     $   217,632      $ 5,079,622
  Accrued Liabilities                    2,356,831        3,659,325
  Current Income Taxes - Federal
  Accounts Payable - Intercompany          214,344          224,543
  Notes Payable - Intercompany          19,000,000       33,900,000
  Dividend Payable                         100,000          100,000
                                       -----------      -----------
                                        21,888,807       42,963,490
                                       -----------      -----------
Long Term Liabilities:
Deferred Income Taxes                   (2,034,879)      (2,802,529)
Liability for Derivative Financial
   Instruments                          16,499,910          868,830
Miscellaneous Deferred Credits           1,872,870        1,057,963
                                       -----------      -----------
                                        16,337,901         (875,736)
                                       -----------      -----------

Stockholder's Equity:
  Common Stock                              10,000           10,000
  Capital Paid in Excess of Par         33,490,000        3,490,000
  Retained Earnings                     (2,298,919)       1,533,061
  Unrealized Gain/Loss                    (914,570)               0
                                       -----------      -----------
Total Equity                            30,286,511        5,033,061
                                       -----------      -----------

                                       $68,513,219      $47,120,815
                                       ===========      ===========