UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
- --------------------------------------------
In the Matter of
NINTH
NATIONAL FUEL GAS COMPANY CERTIFICATE
LEIDY HUB, INC. PURSUANT TO
ELLISBURG-LEIDY NORTHEAST HUB COMPANY 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 three and twelve months ended September 30, 1995.
Exhibit A is being resubmitted because the original filing omitted $710 of other
income. Also attached as Exhibit B is a revised balance sheet for the
Partnership at September 30, 1995. Exhibit B is being resubmitted because of an
addition error in the original filing.
IN WITNESS WHEREOF, the undersigned companies have duly caused this
Certificate to be signed this 9th day of February 1996.
LEIDY HUB, INC. AND NATIONAL FUEL GAS COMPANY
By___________________________________________
Gerald T. Wehrlin
Secretary and Treasurer, Leidy Hub, Inc.
Controller, National Fuel Gas Company
<PAGE 2>
EXHIBIT INDEX
(File No. 70-8417)
(1) Exhibit A - Revised Income Statement of Ellisburg-Leidy Northeast
Hub Company for the Three and Twelve Months Ended
September 30, 1995.
(2) Exhibit B - Revised Balance Sheet of Ellisburg-Leidy Northeast
Hub Company as of September 30, 1995.
EXHIBIT A
ELLISBURG-LEIDY NORTHEAST HUB COMPANY
INCOME STATEMENT
(UNAUDITED)
(REVISED)
Three Months Ended Twelve Months Ended
September 30, 1995 September 30, 1995
------------------ -------------------
REVENUES
Gas Sales $5,073,813 $22,009,044
Wheeling Fees 26,968 84,995
Parking Fees - 56,486
Other (30,060) 549,839
---------- -----------
Total Revenues 5,070,721 22,700,364
---------- -----------
COST OF SALES
Gas Purchases 5,005,233 21,549,944
Parking 14 36,316
Transportation Cost 14,929 15,079
Wheeling 13,166 23,203
Other (41,894) 552,711
---------- -----------
Total Cost Of Sales 4,991,448 22,177,253
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Gross Margin 79,273 523,111
Other Income 710 710
General & Administrative
Allocation (7,825) (250,825)
---------- -----------
Net Income $ 72,158 $ 272,996
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EXHIBIT B
ELLISBURG-LEIDY NORTHEAST HUB COMPANY
BALANCE SHEET
(UNAUDITED)
(REVISED)
At September 30, 1995
---------------------
CURRENT ASSETS
Cash $ 151,760
Accounts Receivable 2,823,020
----------
Total Current Assets 2,974,780
----------
PROPERTY & EQUIPMENT 28,812
----------
TOTAL ASSETS $3,003,592
==========
CURRENT LIABILITIES
Gas Purchase Payable $2,711,513
Transportation Payable (9,831)
----------
Total Current Liabilities 2,701,682
----------
TOTAL LIABILITIES 2,701,682
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EQUITY
Contributed Capital - Hub Services, Inc. 190,453
Contributed Capital - Leidy Hub, Inc. 111,457
----------
Total Equity 301,910
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TOTAL LIABILITIES & EQUITY $3,003,592
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