-----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, C1J4UcxmjTfvpigtI84wkxoUrGfDaVg5/8DMBDrs1SyW8+WaKU9ESqgrfFyMGBlc 2v+MGih/g1IkOgts5iNIoA== 0000070145-95-000083.txt : 19951201 0000070145-95-000083.hdr.sgml : 19951201 ACCESSION NUMBER: 0000070145-95-000083 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19951129 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL FUEL GAS CO CENTRAL INDEX KEY: 0000070145 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 131086010 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 1935 Act SEC FILE NUMBER: 070-08649 FILM NUMBER: 95597202 BUSINESS ADDRESS: STREET 1: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 2125417533 MAIL ADDRESS: STREET 2: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 35-CERT 1 NFR 1ST RULE 24 3 UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION In the Matter of FIRST NATIONAL FUEL GAS COMPANY CERTIFICATE HORIZON ENERGY DEVELOPMENT, INC. PURSUANT TO RULE 24 File No. 70-8649 (Public Utility Holding Company Act of 1935) THIS IS TO CERTIFY, pursuant to Rule 24, that certain filing requirements proposed by National Fuel Gas Company ("National") and its subsidiary, Horizon Energy Development, Inc. ("Horizon") in Form U-1, Application-Declaration, File No. 70-8649, as amended, have been carried out in accordance with the terms and conditions of said Application-Declaration and the Order of the Securities and Exchange Commission (the "Commission') (HCAR No. 35-26364 dated August 29, 1995) with respect thereto, in that, the following information for the quarter ended September 30, 1995 is herein provided: 1a) Horizon's balance sheet at September 30, 1995 is attached as Exhibit 1. 1b) National's balance sheet at September 30, 1995 will be included in National's Form 10k for fiscal 1995 which is anticipated to be filed with the Commission in December 1995 and is incorporated herein by reference. 2a) Horizon's income statement for the quarter ended September 30, 1995 is attached as Exhibit 2. 2b) National's income statement for the quarter ended September 30, 1995 will be included in National's Form 10k for fiscal 1995 which is anticipated to be filed with the Commission in December 1995 and is incorporated herein by reference. 3) Recourse and non-recourse debt securities issued to third parties by Intermediate Companies during the quarter ended September 30, 1995. None. 4) A general description of the activities of the Applicants for the period ended September 30, 1995 and of the projects in which they or their subsidiary companies have an ownership interest: a) Effective as of September 15, 1995 Novergaz (1994), Inc. and Sceptre Energy, Inc., individually and as partners of Sceptre Power Company (the "Partnership") sold, assigned, and transferred to Horizon one hundred percent (100%) of their interests in and to the Partnership and its assets. Horizon is the Managing Partner of the Partnership and, subject to certain distribution sharing provisions applicable to the non-equity partners, all ownership and voting interest of the Partnership belong to Horizon. The business of the Partnership is to develop, finance, construct and operate Exempt Projects and Domestic Power Projects as those terms are defined in HCAR 35-26364; File No. 70-8649. Horizon will fund the working capital expenses of the Partnership. Horizon will have the opportunity to re-coup those expenses and to earn development fees through projects developed by the Partnership and to make equity investments in such projects. b) On or about September 8, 1995 a Consortium of National Fuel, the Partnership and Steward and Stevenson Operations, Inc. submitted pre-qualification credentials to the Special Committee for the Promotion of Private Investment in Electroperu S.A. ("CEPRI") in connection with CEPRI's solicitation of bids for a proposed 15 MW electric generation project in northwestern Peru (the "Project"). On or about September 28, 1995 the Partnership was assigned National Fuel's interest in the Consortium. The Consortium has qualified to bid on the Project. c) On September 12, 1995 National Fuel Gas Company submitted an application to bid on the privatization of the Hungarian gas distribution company known as Eszakdunantuli Gazszolgaltato ("EGAZ") and subsequently qualified to submit a bid. 5) Information on intercompany service transactions (including those provided at cost and at market rates) involving affiliated Intermediate Companies. None, neither Horizon nor National has any affiliate Intermediate Companies at this time. November 29, 1995 NATIONAL FUEL GAS COMPANY By: /s/Gerald T. Wehrlin Gerald T. Wehrlin Controller EX-99 2 HORIZON ENERGY DEVELOPMENT, INC. BALANCE SHEET At September 30, 1995 ASSETS Current Assets: Cash $ 632,459 Total Current Assets 632,459 Property, Plant & Equipment 69,832 Less: Reserve for DDA 69,832 Other Assets: Deferred Charges 711,528 Total Other Assets 711,528 Total Assets $ 1,413,819 LIABILITIES AND STOCKHOLDERS EQUITY Capital Stock $1 Par: Authorized 500 Shares Issued and Outstanding $ 500 Paid-In-Capital 999,500 Retained Earnings (162,500) Total Stockholders Equity 837,500 Current and Accrued Liabilities: Accounts Payable 24,868 Accounts Payable - Intercompany 638,951 Total Current and Accrued Liabilities 663,819 Deferred Credits: Accumulated Deferred Income Taxes (87,500) Total Deferred Credits (87,500) Total Liabilities and Stockholders Equity $ 1,413,819 EX-99 3 HORIZON ENERGY DEVELOPMENT, INC. INCOME STATEMENT One Month Ended September 30, 1995 Operating Expenses: Operations Expense $ 250,000 Total Operating Expenses 250,000 Pretax Loss (250,000) Income Taxes-Deferred (87,500) Net Loss $ (162,500) -----END PRIVACY-ENHANCED MESSAGE-----