UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM U-3A-2
File No.
Statement by Holding Company Claiming Exemption Under Rule U-3A-2
from the Provisions of the Public Utility Holding Company Act of 1935
To be Filed Annually Prior to March 1
ALATENN RESOURCES, INC.
(Name of Company)
hereby files with the Securities Exchange Commission, pursuant to Rule 2,
its statement claiming exemption as a holding company from the provisions
of the Public Utility Holding Company Act of 1935, and submits the
following information:
<PAGE>
Item 1.
Claimant:
AlaTenn Resources, Inc.
State of Organization - Alabama
Location and nature of business - Claimant is located in Colbert County,
Alabama. On October 1, 1982, it became the sole owner of Alabama-Tennessee
Natural Gas Company and each of its former subsidiaries, pursuant to a Plan
of Merger approved by Alabama-Tennessee's shareholders on May 3, 1982.
Subsidiaries:
Alabama-Tennessee Natural Gas Company
State of Organization - Alabama
Location and nature of business - This Company owns and operates natural
gas transmission facilities located in Hardin and McNairy Counties,
Tennessee, Alcorn and Tishomingo Counties, Mississippi, and Colbert,
Lawrence, Morgan, Limestone, and Madison Counties, Alabama.
Central Gas Company
State of Organization - Alabama
Location and nature of business - This Company is primarily an intrastate
gas transmission company and a wholesaler of natural gas. It owns and
operates natural gas transmission facilities, all of which are located in
Lauderdale County, Alabama. It is principally engaged in the sale of
natural gas to the City of Florence, Alabama for resale in Lauderdale
County.
Tennessee River Development Company
State of Organization - Alabama
Location and nature of business - This Company is primarily an intrastate
gas transmission company and a wholesaler of natural gas. It owns and
operates natural gas transmission facilities, all of which are located in
Lauderdale County, Alabama. It is principally engaged in the sale of
natural gas to the City of Florence, Alabama for resale in Lauderdale
County.
Hardin County Gas Company
State of Organization - Tennessee
Location and nature of business - This Company is a distributor of natural
gas. It sells natural gas at retail to approximately 140 customers located
in and around Counce in Hardin County, Tennessee. In 1994 approximately 80%
of its revenues were obtained from sales at retail.
North Mississippi Natural Gas Corporation
State of Organization - Mississippi
Location and nature of business - This Company sold gas to one industrial
customer near Corinth, Mississippi and to a local gas district in
Burnsville, Mississippi in 1994, but is not active at this time.
Vulcan Oil and Gas Company
State of Organization - Alabama
Location and nature of business - Oil and gas exploration and development.
Warrior Basin Gas Company
State of Organization - Alabama
Location and nature of business - Intrastate Gas Transmission. Inactive.
AlaTenn Energy Marketing Company
State of Organization - Alabama
Location and nature of business - Located in Colbert County, Alabama, this
company was formed in 1986, and is a natural gas marketing company.
Tennessee River Intrastate Gas Company
State of Organization - Alabama
Location and nature of business - Intrastate natural gas company located in
Colbert County, Alabama. This company provides natural gas transportation
service to two industrial customers and one municipal customer. This
company also transports gas to Alabama-Tennessee Natural Gas Company.
AlaTenn Credit Corp.
State of Organization - Alabama
Location and nature of business - Located in Colbert County, Alabama, this
company is a financial services company.
AlaTenn Pipeline Company, Inc.
State of Organization - Alabama
Location and nature of business - Located in Colbert County, Alabama,
this company is not active at this time.
Ryder International Corporation
State of Organization - Alabama
Location and nature of business - Located in Arab, Alabama,
this company designs, develops, manufactures and sells proprietary products
for the medical and health care industry.
Item 2.
Claimant:
AlaTenn Resources, Inc. -
This Company does not own any tangible property, only 100% of the capital
stock of each of the subsidiaries listed below.
Subsidiaries:
Alabama-Tennessee Natural Gas Company -
Properties consist of gas transmission mains, compressor stations, meter
and regulator stations in Hardin and McNairy Counties, Tennessee; in Alcorn
and Tishomingo Counties, Mississippi; and in Colbert, Lawrence, Morgan,
Limestone, and Madison Counties, Alabama; and an office and warehouse near
Muscle Shoals, Alabama.
Central Gas Company -
Properties consist of gas transmission mains and meter and regulator
stations in Lauderdale County, Alabama.
Hardin County Gas Company -
Properties consist of gas distribution mains, meter and regulator stations
and services and meters in Hardin County, Tennessee.
Tennessee River Development Company -
Properties consist of gas transmission mains and meter and regulator
stations in Lauderdale County, Alabama.
North Mississippi Natural Gas Corporation - Properties consist of
facilities used for purchase of natural gas from Alabama-Tennessee and sale
of such gas to a plant near Corinth, Mississippi.
Tennessee River Intrastate Gas Company - Properties consist of a gas
transmission main and meter and regulator stations in Lawrence, Morgan and
Colbert Counties, Alabama, as well as an interconnect and metering facility
which connects Alabama-Tennessee Natural Gas Company to another interstate
pipeline in Colbert County, Alabama.
<PAGE>
Item 3.
<TABLE>
MCF Sold MCF
Wholesale Purchased
Outside Outside
State In State In
MCF Which Which
Retail Organized Organized
Company (a) (b) (c) (d)
<S> <C> <C> <C> <C>
AlaTenn Resources, Inc. None None None None
Alabama-Tennessee
Natural Gas Co. None None None None
Central Gas Co. None None None None
Hardin County Gas Co. 12,300 None None None
Tennessee River
Development Co. None None None None
North Mississippi
Natural Gas Corp. None None None None
Tennessee River
Intrastate Gas Co. None None None None
</TABLE>
<PAGE>
EXHIBIT A
A consolidating statement of income and surplus of the claimant and its
subsidiary companies for the last calendar year, together with a
consolidating balance sheet of claimant and its subsidiary companies as
of the close of such calendar year. This information will be provided
at the end of March when audited financial statements are filed with
the SEC.
<PAGE>
The above-named claimant has caused this statement to be duly executed
on its behalf by its authorized officer of this 27th day of February, 1995.
AlaTenn Resources, Inc.
Jerry A. Howard
Jerry A. Howard
Chairman, President and
Chief Executive Officer
CORPORATE SEAL
Attest:
George G. Petty
George G. Petty
Name, title, and address of officer to whom notices and correspondence
concerning this statement should be addressed:
George G. Petty, Vice President-Finance, CFO and Secretary-Treasurer
AlaTenn Resources, P. O. Box 918, Florence, Alabama 35631
EXHIBIT B. Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> OPUR3
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-ASSETS> 43,737
<TOTAL-OPERATING-REVENUES> 70,905
<NET-INCOME> 4,690
</TABLE>
