<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT
FOR THE QUARTER ENDED SEPTEMBER 30, 1997
Filed Pursuant to Rule 58 of the Public Utility Holding Company Act of 1935
THE COLUMBIA GAS SYSTEM, INC.
12355 Sunrise Valley Drive
Suite 300
Reston, VA 20191-3458
<PAGE> 2
CONTENTS
<TABLE>
<CAPTION>
Page
<S> <C>
ITEM 1 - Organization Chart 2
ITEM 2 - Issuances and Renewals of Securities and Capital Contributions 2
ITEM 3 - Associated Transactions 3
ITEM 4 - Summary of Aggregate Investment 3
ITEM 5 - Other Investments 4
ITEM 6 - Financial Statements and Exhibits 4
Statements of Income 4
Balance Sheet 4
Exhibits 4
SIGNATURE 5
</TABLE>
1
<PAGE> 3
ITEM 1 - ORGANIZATION CHART
<TABLE>
<CAPTION>
Name Energy or Percentage
of Reporting gas-related Date of State of Voting Nature of
Company Company Organization Organization Securities Held Business
- ----------- --------- ------------ ------------ --------------- ----------
<S> <C> <C> <C> <C> <C>
Alamco, Inc. Alamco August 7, 1997 Delaware 100% Exploration
(Alamco) and Production
of natural gas
and oil
</TABLE>
On August 7, 1997, Columbia Natural Resources, Inc. acquired Alamco, a gas and
oil production company that operates in the Appalachian Basin, for
approximately $100 million including the assumption of $24 million of
outstanding debt. Under the agreement, holders of Alamco received, on a fully
diluted basis, $15.75 per share of common stock.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
SECURITIES:
(dollars in thousands)
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
Company Type of Principal Person to Collateral to Consideration
Issuing Security Amount of Issue or Cost of Whom Security Given with Received for
Security Issued Security Renewal Capital was Issued Security Each Security
- --------- -------- ------------ ------- --------- ----------------- ---------------- -------------
</TABLE>
Confidential treatment requested
CAPITAL CONTRIBUTIONS:
(dollars in thousands)
<TABLE>
<S> <C> <C>
Company Company Amount
Contributing Receiving of
Capital Capital Capital Contribution
- -------------- ------------ --------------------
</TABLE>
Confidential treatment requested
ITEM 3 - ASSOCIATED TRANSACTIONS
Part I -- Transactions performed by reporting companies on behalf of associate
companies (dollars in thousands)
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Reporting Associate
Company Company Types of Direct Indirect Total
Rendering Receiving Services Costs Costs Cost Amount
Services Services Rendered Charged Charged of Capital Billed
- ------------ ------------- -------- ------- ------- ----------- -----------
</TABLE>
Confidential treatment requested
2
<PAGE> 4
Part II -- Transactions performed by associate companies on behalf of reporting
companies (dollars in thousand)
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Associate Reporting
Company Company Types of Direct Indirect Total
Rendering Receiving Services Costs Costs Cost Amount
Services Services Rendered Charged Charged of Capital Billed
- ---------- ----------- -------- --------- --------- ---------- ------------
</TABLE>
Confidential treatment requested
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
Investments in energy-related companies:
(dollars in thousands)
<TABLE>
<S> <C> <C>
Total consolidated capitalization as of September 30, 1997 $3,726,600 Line 1
Total capitalization multiplied by 15%
(line 1 multiplied by 0.15) $558,990 Line 2
Greater of $50 million or line 2 * Line 3
Total current aggregate investment:
(categorized by major line of energy-related business)
Energy-related business
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
</TABLE>
* Confidential treatment requested
ITEM 5 - OTHER INVESTMENTS
<TABLE>
<S> <C> <C> <C>
Major Line Other Other
of Energy-Related Investment in last Investment in this Reason for difference in
Business U-9C-3 Report U-9C-3 Report Other Investment
- --------------------- ------------------ ------------------ ------------------------
</TABLE>
Confidential treatment requested
3
<PAGE> 5
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
List all financial statements and exhibits filed as a part of this report.
Financial Statements:
Income Statement - Confidential treatment requested
Balance Sheet - Confidential treatment requested
Exhibits:
1. Copies of contracts required to be provided by Item 3 shall be filed as
exhibits. Agreement and Plan of Merger between Columbia Natural
Resources, Inc. and Alamco, Inc. was filed as Exhibit 2-B to the
Second Quarter 1997 Report on Form 10-Q for The Columbia Gas System,
Inc. (file number 1-1098) and herein incorporated by reference.
2. Certificate stating that a copy of the reports for the previous quarter
has been filed with interested state commissions shall be filed as an
exhibit. The certificate shall provide the names and addresses of the
state commissions.
NOT APPLICABLE.
4
<PAGE> 6
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 thereunto duly authorized.
The Columbia Gas System, Inc.
-------------------------------------
(Registrant)
Date: November 26, 1997 By: /s/ M. W. O'Donnell
---------------------------------
M. W. O'Donnell
Senior Vice President &
Chief Financial Officer
5
