Filed with the Securities
and Exchange Commission
on May 26, 1999
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
For the quarterly period ended March 31, 1999
Conectiv
(Name of Registered Holding Company)
800 King Street
Wilmington, DE 19899
(Address of Principal Executives Offices)
Inquiries concerning this Form U-9C-3 may
be directed to either:
Peter F. Clark
General Counsel
Conectiv
800 King Street
Wilmington, DE 19899
or
Louis M. Walters
Treasurer
Conectiv
800 King Street
Wilmington, DE 19899
(302) 429-3525
<PAGE> 2
Conectiv
FORM U-9C-3
For the Quarter Ended March 31, 1999
Table of Contents
Page
Item 1. Organization Chart 1
Item 2. Issuance and Renewals of Securities and Capital Contributions 1
Item 3. Associated Transactions 1
Item 4. Summary of Aggregate Investment 2
Item 5. Other Investments 3
Item 6. Financial Statements and Exhibits 3
SIGNATURE 4
<PAGE> 3
Item 1. - ORGANIZATION CHART
<TABLE>
Percentage
Name of Energy or Date of State of of Voting
Reporting Company Gas Organization Organiztion Securities
Related Held
Company
<S> <C> <C> <C> <C>.
None
Nature of
Business
None
<C>
</TABLE>
Item 2. - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL
CONTRIBUTIONS
CAPTIAL CONTRIBUTIONS:
<TABLE>
Company Issuing Type of Security Principal Amount of Person to Whom
Security Issued Security Security Was Issued
<S> <C> <C> <C>
None
</TABLE>
<PAGE> 4
Note: Petron Oil Corporation was merged into Conectiv Energy Supply
as of 2/28/99
Item 3. - ASSOCIATED TRANSACTIONS
Part I. - Transactions performed by reporting companies on behalf of
associate companies.
NONE
Part II - Transactions performed by associate companies on behalf of
reporting companies.
<TABLE>
Associate Reporting Types of Direct Costs Total amount
Company Company Services Charged Billed
Rendering Services Receiving Services
<S> <C> <C> <C> <C>
Conectiv Resource Delmarva Core Business * *
Partners, Inc. Operating Support
Services Company
Conectiv Resource Conectiv Energy Core Business * *
Partners, Inc. Supply Inc. as support and * *
Successor to Petron Financial
Oil Corporation Services
Conectiv Resource Conectiv Energy Financial * *
Partners, Inc. Supply services
Conectiv Resource Delmarva Services Core Business * *
Partners, Inc. support and
Financial and
Corporate
services
Atlantic City Conectiv Energy Tank Storage * *
Electric Company Supply, Inc. as
successor to Petron
Oil Corporation
Conectiv/CNE Conectiv Energy Tank Storage * *
Energy Services Supply, Inc. as
successor to Petron
Oil Corporation
</TABLE>
* Confidential Treatment Requested
<PAGE> 5
Note: Petron Oil Corporation was merged into Conectiv Energy Supply
as of 2/28/99
Item 4. - SUMMARY OF AGGREGATE INVESTMENT
Investments in energy-related companies (in thousands):
Total consolidated capitalization as of March 31, 1999
$3,833,724 Line 1
$ 575,059 Line 2
Total capitalization multiplied by 15%
(Line 1 multiplied by 0.15)
Greater of $50 million or line 2 $ 575,059 Line 3
Total current aggregate investment:
(categorized by major line of energy-related business)
Energy-related business Category - Rule 58(b)(1)(v) *
Total current aggregate investment * Line 4
Difference between the greater of $50 million or 15%of
capitalization and the total aggregate investment of the
registered holding company system (line 3 less line 4) * Line 5
* Confidential Treatment Requested
Investments in gas-related companies:
NONE
Item 5. - OTHER INVESTMENTS
<TABLE>
Major Line of Energy- Other Investment in Other Investment in
Related Business Last U-9C-3 Report this U-9C-3 Report
<S> <C> <C>
None
<PAGE> 6
Reason for Difference
in Other Investment
<C>
NONE
</TABLE>
Item 6. - FINANCIAL STATEMENTS AND EXHIBITS
A. Financial Statements:
Exhibit A-1. Financial statements of Conectiv (incorporated by reference
to the filing by Conectiv on Form 10-K for the period ended March 31, 1999.)
B. Exhibits:
Exhibit B-2. Certificate of Conectiv.
<PAGE> 7
SIGNATURE
The undersigned registered holding company has duly caused this
quarterly report to be signed on its behalf by the undersigned officer
thereunto duly authorized pursuant to the requirements of the Public
Utility Holding Company Act of 1935.
Conectiv
By:/s/Louis M. Walters
Louis M. Walters
Treasurer
May 26, 1999
