UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of
NATIONAL FUEL GAS COMPANY FOURTH
LEIDY HUB, INC. CERTIFICATE
ELLISBURG-LEIDY NORTHEAST HUB COMPANY PURSUANT TO
RULE 24
File No. 70-8417
(Public Utility Holding Company Act of 1935)
In accordance with the terms of the Order dated July 29, 1994 issued to
National Fuel Gas Company ("National") authorizing Leidy Hub, Inc., a
subsidiary of National to enter into a partnership with Hub Services, Inc., a
subsidiary of Natural Gas Clearinghouse (File No. 70-8417, HCAR No. 35-26093),
attached as Exhibit A is a revised income statement of Ellisburg-Leidy
Northeast Hub Company (the Partnership) for the month of September 1994, the
first month of operation. Also attached as Exhibit B is a revised balance
sheet for the Partnership at September 30, 1994. These statements were
originally filed on November 14, 1994 under the stipulation that the
statements had not been approved as final by both partners and were subject to
change.
IN WITNESS WHEREOF, the undersigned companies have duly caused this
Certificate to be signed this 15th day of March 1995.
LEIDY HUB, INC. AND NATIONAL FUEL GAS
COMPANY
By/s/Gerald T. Wehrlin
Gerald T. Wehrlin, Secretary and
Treasurer, Leidy Hub, Inc.
Controller, National Fuel Gas
Company
EXHIBIT INDEX
(File No. 70-8417)
(1) Exhibit A - Revised Income Statement of Ellisburg-Leidy Northeast
Hub Company for the Month Ended September 30, 1994.
(2) Exhibit B - Revised Balance Sheet of Ellisburg-Leidy Northeast Hub
Company as of September 30, 1994.
EXHIBIT A
ELLISBURG-LEIDY NORTHEAST HUB COMPANY
INCOME STATEMENT
UNAUDITED
(REVISED)
MONTH ENDED
SEPTEMBER 30, 1994
REVENUES
Gas Sales $601,459
Other (11,523)
Total Revenues 589,936
COST OF SALES
Gas Purchases 590,860
Parking 588
Other (8,876)
Total Cost Of Sales 582,572
GROSS MARGIN 7,364
General & Administrative
Allocation 27,000
NET LOSS $(19,636)
EXHIBIT B
ELLISBURG-LEIDY NORTHEAST HUB COMPANY
BALANCE SHEET
UNAUDITED
(REVISED)
At September 30, 1994
CURRENT ASSETS
Cash $ 636,782
Accounts Receivable 376,080
Total Current Assets 1,012,862
PROPERTY & EQUIPMENT 28,812
TOTAL ASSETS $1,041,674
CURRENT LIABILITIES
Gas Purchase Payable $1,003,019
Transportation Payable (730)
Total Current Liabilities 1.002,289
NON-CURRENT LIABILITIES
Deferred Revenue 10,471
Total Non-Current Liabilities 10,471
TOTAL LIABILITIES 1,012,760
EQUITY
Contributed Capital - Hub Service, Inc. 24,326
Contributed Capital - Leidy Hub, Inc. 4,588
Total Equity 28,914
TOTAL LIABILITIES & EQUITY $1,041,674
