SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by a registered holding company or subsidiary thereof pursuant to
Rule U-20-(d) or U-47 or U-52, adopted under the Public Utility Holding Company
Act of 1935, as amended.
Certificate is filed by:
NATIONAL FUEL GAS COMPANY ("NATIONAL" or "NFG COMPANY")
NATIONAL FUEL GAS DISTRIBUTION CORPORATION, ("DISTRIBUTION CORP" or "NFGDC")
NATIONAL FUEL GAS SUPPLY CORPORATION ("NFGSC")
SENECA RESOURCES CORPORATION ("SENECA")
UTILITY CONSTRUCTORS, INC. ("UCI")
HIGHLAND LAND & MINERALS, INC. ("HIGHLAND")
LEIDY HUB, INC. ("LEIDY")
DATA-TRACK ACCOUNT SERVICES, INC. ("DATA TRACK")
NATIONAL FUEL RESOURCES, INC. ("NFR")
HORIZON ENERGY DEVELOPMENT, INC. ("HORIZON ENG")
SENECA INDEPENDENCE PIPELINE COMPANY ("SIP")
NIAGARA INDEPENDENCE MARKETING COMPANY
UPSTATE ENERGY INC., F/K/A NIAGARA ENERGY TRADING INC. ("UPSTATE")
PRVNI SEVEROZAPADNI TEPLARENSKA, A.S., ("PSZT")
This certificate constitutes notice that the above named companies
have, during the quarter ended September 30, 1998, issued, renewed or guaranteed
the securities or instruments described herein which issue, renewal or guaranty
was exempted from the provisions of Section 6(a) of the Act and was neither the
specific subject of a declaration or application on Form U-1 nor included within
the exemption provided by Rule U-48.
1. Type of securities or instruments: Two types:
A) Loans made through the National Fuel Gas Company Money Pool,
operated in accordance with the Money Pool agreement filed in SEC File No.
70-9153;
B) Short Term Notes
<PAGE>
2. Issue, renewal or guaranty: Security A: renewal
Security B: issue
3. Principal amount of each security:
Security A: See Exhibit A for detail of borrowings
by and from the Money Pool.
Security B: See Exhibit B
4. Rate of interest per annum of each security:
Security A: See Exhibit A
Security B: See Exhibit B
5. Date of issue, renewal or guaranty of each security:
Security A: See Exhibit A
Security B: See Exhibit B
6. If renewal of security, give date of original issue:
Security A: Current Money Pool Agreement dated
March 23, 1998.
7. Date of maturity of each security:
Security A: Demand Loans
Security B: Demand Loans
8. Name of the person to whom each security was issued, renewed or
guaranteed:
Security A: National Fuel Gas Company Money Pool
Security B: Horizon ENG
9. Collateral given with each security, if any: None
10. Consideration received for each security: Cash
Security A: See Exhibit A
Security B: See Exhibit B
11. Application of proceeds of each security: General business purposes
12. The issue, renewal or guaranty of each security was exempt from the
provisions of Section 6(a) because of Rule 52
13. If the security or securities were exempt from the provisions of Section
6(a) by virtue of the first sentence of Section 6(b), give the figures which
indicate that the security or securities aggregate (together with all other than
outstanding notes and drafts of a maturity of nine months or less, exclusive of
<PAGE>
days of grace, as to which such company is primarily or secondarily liable) not
more than 5 per centum of the principal amount and par value of the other
securities of such company then outstanding: N/A.
14. If the security or securities are exempt from the provisions of Section
6(a) because of the fourth sentence of Section 6(b), name the security
outstanding on January 1, 1935, pursuant to the terms of which the security or
securities herein described have been issued: N/A.
15. If the security or securities are exempt from the provisions of Section 6(a)
because of any rule of the Commission other than Rule U-48 designate the rule
under which exemption is claimed: Rule 52.
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned companies have duly caused this Form to be signed on
their behalf by the undersigned thereunto duly authorized.
NATIONAL FUEL GAS COMPANY
By /s/ Philip C. Ackerman
---------------------------
Philip C. Ackerman
Senior Vice President
NATIONAL FUEL GAS DISTRIBUTION
CORPORATION
By /s/ Philip C. Ackerman
---------------------------
Philip C. Ackerman
President
SENECA RESOURCES CORPORATION
By /s/ G. T. Wehrlin
---------------------------
G. T. Wehrlin
Controller
<PAGE>
NATIONAL FUEL GAS SUPPLY CORPORATION
By /s/ Richard Hare
---------------------------
Richard Hare
President
NATIONAL FUEL RESOURCES, INC.
By /s/ Robert J. Kreppel
---------------------------
Robert J. Kreppel
President
UTILITY CONSTRUCTORS, INC.
By /s/ James A. Beck
---------------------------
James A. Beck
President
HORIZON ENERGY DEVELOPMENT, INC.
By /s/ Philip C. Ackerman
---------------------------
Philip C. Ackerman
President
HIGHLAND LAND & MINERALS, INC.
By /s/ James A. Beck
---------------------------
James A. Beck
President
DATA-TRACK ACCOUNT SERVICES, INC.
By /s/ Philip C. Ackerman
---------------------------
Philip C. Ackerman
President
LEIDY HUB, INC.
By /s/ G. T. Wehrlin
---------------------------
G. T. Wehrlin
Secretary/Treasurer
<PAGE>
SENECA INDEPENDENCE PIPELINE COMPANY
By /s/ Richard Hare
---------------------------
Richard Hare
President
NIAGARA INDEPENDENCE MARKETING COMPANY
By /s/ James A. Beck
---------------------------
James A. Beck
President
UPSTATE ENERGY INC.
By /s/ James A. Beck
---------------------------
James A. Beck
President
PRVNI SEVEROZAPADNI TEPLARENSKA, A.S.
By /s/ Philip C. Ackerman
--------------------------
Philip C. Ackerman
Director
Date: December 21, 1998
EXHIBIT A
Company Key
-----------
Names Used In
Company Schedules For This Report
------- -------------------------
National Fuel Gas Company NFG
National Fuel Gas Distribution Corporation NFGDC
National Fuel Gas Supply Corporation NFGSC
Seneca Resources Corporation Seneca
Horizon Energy Development, Inc. Horizon
Data Track Account Services, Inc. Data Track
Highland Land & Minerals, Inc. Highland
National Fuel Resources, Inc. NFR
Utility Constructors, Inc. UCI
Leidy Hub, Inc. Leidy
Seneca Independence Pipeline Company SIP
Upstate Energy, Inc. Upstate
Prvni Severozapadni Teplarenska, a.s. PSZT
<PAGE>
EXHIBIT A
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL
FISCAL 1998
<CAPTION>
Interest
Date Rate NFGDC Seneca SIP Highland NFGSC Horizon Upstate NFR TOTALS
- ---- ---- ----- ------ --- -------- ----- ------- ------- --- ------
<S> <C><C> <C> <C> <C> <C> <C> <C> <C> <C><C>
1998
Jul 1 5.67% 0 178,800,000 5,200,000 1,800,000 7,100,000 0 400,000 0 193,300,000
" 2 5.67% 0 229,700,000 5,200,000 1,800,000 7,300,000 0 400,000 0 244,400,000
" 3 5.67% 0 229,700,000 5,200,000 1,800,000 7,400,000 0 400,000 0 244,500,000
" 4 5.67% 0 229,700,000 5,200,000 1,800,000 7,400,000 0 400,000 0 244,500,000
" 5 5.67% 0 229,700,000 5,200,000 1,800,000 7,400,000 0 400,000 0 244,500,000
" 6 5.67% 0 234,000,000 5,200,000 1,800,000 7,400,000 0 400,000 0 248,800,000
" 7 5.66% 0 234,600,000 5,200,000 1,800,000 7,600,000 0 400,000 0 249,600,000
" 8 5.66% 0 236,300,000 5,200,000 1,800,000 7,900,000 0 400,000 0 251,600,000
" 9 5.65% 0 236,300,000 5,200,000 1,800,000 7,900,000 0 400,000 0 251,600,000
" 10 5.65% 0 236,300,000 5,200,000 1,800,000 8,400,000 0 400,000 0 252,100,000
" 11 5.65% 0 236,300,000 5,200,000 1,800,000 8,400,000 0 400,000 0 252,100,000
" 12 5.65% 0 236,300,000 5,200,000 1,800,000 8,400,000 0 400,000 0 252,100,000
" 13 5.64% 0 237,600,000 5,200,000 1,800,000 7,200,000 0 400,000 0 252,200,000
" 14 5.64% 0 238,200,000 5,200,000 1,800,000 6,900,000 0 400,000 0 252,500,000
" 15 5.66% 0 242,200,000 5,200,000 1,800,000 13,600,000 0 400,000 0 263,200,000
" 16 5.65% 0 242,700,000 5,200,000 1,800,000 13,800,000 0 400,000 0 263,900,000
" 17 5.64% 0 242,700,000 5,200,000 1,800,000 13,500,000 0 400,000 0 263,600,000
" 18 5.64% 0 242,700,000 5,200,000 1,800,000 13,500,000 0 400,000 0 263,600,000
" 19 5.64% 0 242,700,000 5,200,000 1,800,000 13,500,000 0 400,000 0 263,600,000
" 20 5.64% 0 242,700,000 5,200,000 1,800,000 13,800,000 0 500,000 0 264,000,000
" 21 5.64% 0 242,700,000 5,200,000 1,800,000 13,900,000 0 500,000 0 264,100,000
" 22 5.64% 0 245,700,000 5,200,000 1,800,000 14,700,000 0 500,000 0 267,900,000
" 23 5.64% 0 245,200,000 5,200,000 1,800,000 14,800,000 0 500,000 0 267,500,000
" 24 5.64% 0 240,200,000 5,200,000 1,800,000 15,700,000 0 500,000 0 263,400,000
" 25 5.64% 0 240,200,000 5,200,000 1,800,000 15,700,000 0 500,000 0 263,400,000
" 26 5.64% 0 240,200,000 5,200,000 1,800,000 15,700,000 0 500,000 0 263,400,000
" 27 5.64% 11,900,000 240,200,000 5,200,000 1,800,000 9,900,000 0 500,000 0 269,500,000
" 28 5.65% 10,400,000 240,200,000 5,200,000 1,800,000 7,800,000 0 500,000 0 265,900,000
" 29 5.66% 9,600,000 240,200,000 5,200,000 1,800,000 7,800,000 0 500,000 0 265,100,000
" 30 5.65% 10,900,000 241,600,000 5,200,000 1,800,000 7,800,000 0 500,000 0 267,800,000
" 31 0.056498 11,900,000 244,000,000 5,200,000 1,800,000 10,000,000 0 500,000 0 273,400,000
--------------------------------------------------------------------------------------------------------
54,700,000 6,865,100,000 161,200,000 55,800,000 322,200,000 0 13,600,000 0 7,947,100,000
========================================================================================================
</TABLE>
<PAGE>
EXHIBIT A
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL
FISCAL 1998
<CAPTION>
Interest
Date Rate NFGDC Seneca SIP Highland NFGSC Horizon Upstate NFR TOTALS
- ---- ---- ----- ------ --- -------- ----- ------- ------- --- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1998
AUG 1 5.65% 11,900,000 244,000,000 5,200,000 1,800,000 10,000,000 0 500,000 0 273,400,000
" 2 5.65% 11,900,000 244,000,000 5,200,000 1,800,000 10,000,000 0 500,000 0 273,400,000
" 3 5.65% 19,100,000 248,600,000 5,200,000 1,800,000 13,400,000 0 500,000 0 288,600,000
" 4 5.65% 17,200,000 250,100,000 5,200,000 1,800,000 13,400,000 0 500,000 0 288,200,000
" 5 5.64% 15,800,000 251,100,000 5,200,000 1,800,000 13,500,000 0 500,000 0 287,900,000
" 6 5.64% 13,700,000 254,300,000 5,200,000 1,800,000 13,500,000 0 500,000 0 289,000,000
" 7 5.64% 11,800,000 254,300,000 5,200,000 1,800,000 13,500,000 0 500,000 0 287,100,000
" 8 5.64% 11,800,000 254,300,000 5,200,000 1,800,000 13,500,000 0 500,000 0 287,100,000
" 9 5.64% 11,800,000 254,300,000 5,200,000 1,800,000 13,500,000 0 500,000 0 287,100,000
" 10 5.63% 10,700,000 254,300,000 5,200,000 1,800,000 13,800,000 0 500,000 0 286,300,000
" 11 5.64% 9,300,000 254,800,000 5,200,000 1,800,000 13,500,000 0 500,000 0 285,100,000
" 12 5.64% 9,200,000 255,200,000 5,200,000 1,800,000 14,000,000 0 500,000 0 285,900,000
" 13 5.64% 7,400,000 255,900,000 5,200,000 1,800,000 14,100,000 0 500,000 0 284,900,000
" 14 5.63% 7,200,000 255,900,000 5,200,000 1,800,000 13,000,000 0 500,000 0 283,600,000
" 15 5.63% 7,200,000 255,900,000 5,200,000 1,800,000 13,000,000 0 500,000 0 283,600,000
" 16 5.63% 7,200,000 255,900,000 5,200,000 1,800,000 13,000,000 0 500,000 0 283,600,000
" 17 5.65% 7,200,000 256,900,000 5,200,000 1,800,000 13,300,000 0 500,000 0 284,900,000
" 18 5.64% 5,900,000 258,100,000 5,200,000 1,800,000 13,300,000 0 500,000 0 284,800,000
" 19 5.64% 4,900,000 258,600,000 5,200,000 1,800,000 13,700,000 0 500,000 0 284,700,000
" 20 5.64% 6,400,000 257,400,000 5,200,000 1,800,000 13,800,000 0 500,000 0 285,100,000
" 21 5.63% 5,400,000 257,400,000 5,200,000 1,800,000 14,100,000 0 900,000 0 284,800,000
" 22 5.63% 5,400,000 257,400,000 5,200,000 1,800,000 14,100,000 0 900,000 0 284,800,000
" 23 5.63% 5,400,000 257,400,000 5,200,000 1,800,000 14,100,000 0 900,000 0 284,800,000
" 24 5.64% 8,100,000 259,400,000 5,200,000 1,800,000 14,200,000 0 900,000 0 289,600,000
" 25 5.63% 26,900,000 252,300,000 5,200,000 1,800,000 10,200,000 0 900,000 0 297,300,000
" 26 5.64% 24,900,000 252,500,000 5,200,000 1,800,000 7,200,000 0 900,000 0 292,500,000
" 27 5.64% 23,100,000 250,500,000 5,200,000 1,800,000 7,600,000 0 900,000 0 289,100,000
" 28 5.64% 22,700,000 250,500,000 5,200,000 1,800,000 7,400,000 0 1,000,000 500,000 289,100,000
" 29 5.64% 22,700,000 250,500,000 5,200,000 1,800,000 7,400,000 0 1,000,000 500,000 289,100,000
" 30 5.64% 22,700,000 250,500,000 5,200,000 1,800,000 7,400,000 0 1,000,000 500,000 289,100,000
" 31 5.65% 25,900,000 257,000,000 5,200,000 1,800,000 10,400,000 0 1,000,000 1,000,000 302,300,000
---------------------------------------------------------------------------------------------------------
400,800,000 7,705,100,000 161,200,000 55,800,000 376,900,000 0 20,300,000 2,500,000 8,886,800,000
=========================================================================================================
</TABLE>
<PAGE>
EXHIBIT A
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL
FISCAL 1998
<CAPTION>
Interest
Date Rate NFGDC Seneca SIP Highland NFGSC Horizon Upstate NFR TOTALS
- ---- ---- ----- ------ --- -------- ----- ------- ------- --- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1998
SEP 1 5.65% 23,200,000 258,000,000 5,200,000 1,800,000 8,100,000 0 1,000,000 1,000,000 298,300,000
" 2 5.64% 21,900,000 257,100,000 5,200,000 1,800,000 8,500,000 0 1,000,000 600,000 296,100,000
" 3 5.64% 20,300,000 257,300,000 5,200,000 1,800,000 6,400,000 0 1,000,000 600,000 292,600,000
" 4 5.64% 18,900,000 257,800,000 5,200,000 1,800,000 6,800,000 0 1,000,000 600,000 292,100,000
" 5 5.64% 18,900,000 257,800,000 5,200,000 1,800,000 6,800,000 0 1,000,000 600,000 292,100,000
" 6 5.64% 18,900,000 257,800,000 5,200,000 1,800,000 6,800,000 0 1,000,000 600,000 292,100,000
" 7 5.64% 18,900,000 257,800,000 5,200,000 1,800,000 6,800,000 0 1,000,000 600,000 292,100,000
" 8 5.64% 17,600,000 258,700,000 5,200,000 1,800,000 7,000,000 0 1,000,000 900,000 292,200,000
" 9 5.64% 16,800,000 257,200,000 5,200,000 1,800,000 8,000,000 0 1,100,000 900,000 291,000,000
" 10 5.64% 16,300,000 257,400,000 5,200,000 1,800,000 8,600,000 0 1,100,000 600,000 291,000,000
" 11 5.63% 15,600,000 257,900,000 5,600,000 1,800,000 6,900,000 0 1,100,000 500,000 289,400,000
" 12 5.63% 15,600,000 257,900,000 5,600,000 1,800,000 6,900,000 0 1,100,000 500,000 289,400,000
" 13 5.63% 15,600,000 257,900,000 5,600,000 1,800,000 6,900,000 0 1,100,000 500,000 289,400,000
" 14 5.63% 14,300,000 258,200,000 5,600,000 1,800,000 7,100,000 0 1,100,000 400,000 288,500,000
" 15 5.65% 21,300,000 251,700,000 5,600,000 1,900,000 13,100,000 0 1,100,000 1,000,000 295,700,000
" 16 5.63% 20,400,000 251,200,000 5,600,000 1,900,000 13,300,000 0 1,100,000 1,000,000 294,500,000
" 17 5.62% 19,600,000 251,200,000 5,600,000 1,900,000 13,800,000 0 1,100,000 800,000 294,000,000
" 18 5.61% 18,900,000 251,200,000 5,600,000 1,900,000 13,800,000 0 1,100,000 1,000,000 293,500,000
" 19 5.61% 18,900,000 251,200,000 5,600,000 1,900,000 13,800,000 0 1,100,000 1,000,000 293,500,000
" 20 5.61% 18,900,000 251,200,000 5,600,000 1,900,000 13,800,000 0 1,100,000 1,000,000 293,500,000
" 21 5.62% 27,500,000 250,300,000 5,600,000 1,900,000 13,800,000 0 1,100,000 1,200,000 301,400,000
" 22 5.62% 26,000,000 249,800,000 5,600,000 1,900,000 13,800,000 0 1,100,000 1,100,000 299,300,000
" 23 5.62% 24,900,000 250,300,000 5,600,000 1,900,000 14,100,000 0 1,100,000 1,100,000 299,000,000
" 24 5.62% 25,400,000 251,000,000 5,600,000 1,900,000 14,400,000 0 1,100,000 1,300,000 300,700,000
" 25 5.61% 42,200,000 245,100,000 5,600,000 1,900,000 7,700,000 0 1,100,000 2,800,000 306,400,000
" 26 5.61% 42,200,000 245,100,000 5,600,000 1,900,000 7,700,000 0 1,100,000 2,800,000 306,400,000
" 27 5.61% 42,200,000 245,100,000 5,600,000 1,900,000 7,700,000 0 1,100,000 2,800,000 306,400,000
" 28 5.61% 40,500,000 246,900,000 5,600,000 1,900,000 5,300,000 0 1,100,000 1,900,000 303,200,000
" 29 5.61% 40,400,000 247,900,000 5,600,000 1,900,000 5,300,000 0 1,100,000 2,200,000 304,400,000
" 30 5.63% 53,900,000 248,900,000 5,600,000 2,000,000 10,800,000 0 1,100,000 2,200,000 324,500,000
---------------------------------------------------------------------------------------------------------
736,000,000 5,517,800,000 164,000,000 55,700,000 283,800,000 0 32,200,000 34,100,000 8,902,700,000
=========================================================================================================
</TABLE>
<PAGE>
EXHIBIT A
<TABLE>
SUBSIDIARY LENDING TO MONEY POOL
--------------------------------
<CAPTION>
Interest Distribution NFG Data
Date Rate Corporation Company Track NFR UCI Leidy Seneca Horizon
---- ---- ----------- ------- ----- --- --- ----- ------ -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
07/01/98 5.67% 1,100,000 17,700,000 600,000 900,000 700,000 700,000 10,700,000 300,000
07/02/98 5.67% 1,900,000 17,700,000 600,000 1,400,000 700,000 700,000 10,700,000 0
07/03/98 5.67% 3,200,000 17,600,000 600,000 1,400,000 700,000 700,000 10,700,000 0
07/04/98 5.67% 3,200,000 17,600,000 600,000 1,400,000 700,000 700,000 10,700,000 0
07/05/98 5.67% 3,200,000 17,600,000 600,000 1,400,000 700,000 700,000 10,700,000 0
07/06/98 5.67% 3,300,000 17,600,000 600,000 1,400,000 700,000 700,000 10,700,000 100,000
07/07/98 5.66% 5,800,000 17,600,000 600,000 2,400,000 700,000 700,000 10,700,000 100,000
07/08/98 5.66% 8,800,000 18,500,000 600,000 2,300,000 700,000 700,000 10,700,000 100,000
07/09/98 5.65% 11,500,000 18,500,000 600,000 1,900,000 700,000 700,000 11,700,000 100,000
07/10/98 5.65% 11,200,000 18,500,000 600,000 1,900,000 700,000 700,000 11,700,000 100,000
07/11/98 5.65% 11,200,000 18,500,000 600,000 1,900,000 700,000 700,000 11,700,000 100,000
07/12/98 5.65% 11,200,000 18,500,000 600,000 1,900,000 700,000 700,000 11,700,000 100,000
07/13/98 5.64% 11,800,000 18,200,000 600,000 1,800,000 700,000 700,000 11,700,000 100,000
07/14/98 5.64% 13,200,000 18,200,000 600,000 2,000,000 700,000 700,000 11,700,000 100,000
07/15/98 5.66% 6,100,000 16,400,000 600,000 2,000,000 500,000 700,000 11,700,000 100,000
07/16/98 5.65% 7,100,000 16,400,000 600,000 2,400,000 500,000 700,000 11,700,000 100,000
07/17/98 5.64% 8,500,000 18,100,000 600,000 2,700,000 500,000 700,000 11,600,000 0
07/18/98 5.64% 8,500,000 18,100,000 600,000 2,700,000 500,000 700,000 11,600,000 0
07/19/98 5.64% 8,500,000 18,100,000 600,000 2,700,000 500,000 700,000 11,600,000 0
07/20/98 5.64% 7,100,000 18,600,000 600,000 2,700,000 500,000 700,000 11,600,000 0
07/21/98 5.64% 8,400,000 18,100,000 600,000 2,900,000 500,000 700,000 11,600,000 0
07/22/98 5.64% 9,500,000 18,100,000 600,000 2,600,000 500,000 700,000 11,600,000 0
07/23/98 5.64% 11,000,000 18,100,000 600,000 2,300,000 500,000 700,000 11,600,000 0
07/24/98 5.64% 6,400,000 17,900,000 600,000 700,000 500,000 700,000 11,600,000 0
07/25/98 5.64% 6,400,000 17,900,000 600,000 700,000 500,000 700,000 11,600,000 0
07/26/98 5.64% 6,400,000 17,900,000 600,000 700,000 500,000 700,000 11,600,000 0
07/27/98 5.64% 0 18,000,000 600,000 600,000 500,000 700,000 11,500,000 0
07/28/98 5.65% 0 18,000,000 600,000 1,100,000 500,000 700,000 11,500,000 0
07/29/98 5.66% 0 18,500,000 600,000 700,000 500,000 700,000 11,500,000 0
07/30/98 5.65% 0 18,500,000 600,000 1,000,000 500,000 700,000 11,500,000 0
07/31/98 5.65% 0 18,500,000 600,000 1,300,000 500,000 700,000 11,500,000 0
08/01/98 5.65% 0 18,500,000 600,000 1,300,000 500,000 700,000 11,500,000 0
08/02/98 5.65% 0 18,500,000 600,000 1,300,000 500,000 700,000 11,500,000 0
08/03/98 5.65% 0 18,700,000 600,000 1,300,000 500,000 700,000 11,400,000 0
08/04/98 5.65% 0 18,700,000 600,000 1,500,000 500,000 700,000 11,400,000 200,000
08/05/98 5.64% 0 18,400,000 600,000 2,200,000 500,000 700,000 11,400,000 200,000
08/06/98 5.64% 0 19,400,000 600,000 2,200,000 500,000 700,000 11,500,000 200,000
08/07/98 5.64% 0 18,900,000 600,000 2,200,000 500,000 700,000 11,300,000 200,000
08/08/98 5.64% 0 18,900,000 600,000 2,200,000 500,000 700,000 11,300,000 200,000
08/09/98 5.64% 0 18,900,000 600,000 2,200,000 500,000 700,000 11,300,000 200,000
08/10/98 5.63% 0 11,200,000 600,000 1,400,000 500,000 700,000 12,200,000 200,000
08/11/98 5.64% 0 11,200,000 600,000 1,900,000 500,000 700,000 12,200,000 200,000
08/12/98 5.64% 0 11,200,000 600,000 1,900,000 500,000 700,000 12,200,000 200,000
08/13/98 5.64% 0 11,000,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/14/98 5.63% 0 11,300,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/15/98 5.63% 0 11,300,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/16/98 5.63% 0 11,300,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/17/98 5.65% 0 11,300,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/18/98 5.64% 0 11,300,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/19/98 5.64% 0 11,300,000 600,000 1,700,000 500,000 700,000 12,200,000 200,000
08/20/98 5.64% 0 11,300,000 600,000 1,800,000 500,000 700,000 12,200,000 200,000
08/21/98 5.63% 0 11,300,000 600,000 2,100,000 500,000 700,000 12,200,000 200,000
08/22/98 5.63% 0 11,300,000 600,000 2,100,000 500,000 700,000 12,200,000 200,000
08/23/98 5.63% 0 11,300,000 600,000 2,100,000 500,000 700,000 12,200,000 200,000
08/24/98 5.64% 0 11,100,000 600,000 1,900,000 500,000 700,000 12,200,000 200,000
08/25/98 5.63% 0 11,100,000 600,000 2,100,000 500,000 700,000 12,200,000 200,000
08/26/98 5.64% 0 11,100,000 600,000 1,500,000 500,000 700,000 12,200,000 200,000
08/27/98 5.64% 0 11,100,000 600,000 200,000 500,000 700,000 12,200,000 200,000
08/28/98 5.64% 0 10,600,000 600,000 0 500,000 700,000 12,000,000 100,000
08/29/98 5.64% 0 10,600,000 600,000 0 500,000 700,000 12,000,000 100,000
08/30/98 5.64% 0 10,600,000 600,000 0 500,000 700,000 12,000,000 100,000
08/31/98 5.65% 0 10,600,000 600,000 0 500,000 700,000 12,000,000 100,000
09/01/98 5.65% 0 10,600,000 600,000 0 500,000 700,000 11,900,000 100,000
09/02/98 5.64% 0 10,500,000 600,000 0 500,000 700,000 11,900,000 100,000
09/03/98 5.64% 0 10,300,000 600,000 0 500,000 700,000 11,900,000 100,000
09/04/98 5.64% 0 11,500,000 600,000 0 500,000 700,000 11,900,000 100,000
09/05/98 5.64% 0 11,500,000 600,000 0 500,000 700,000 11,900,000 100,000
09/06/98 5.64% 0 11,500,000 600,000 0 500,000 700,000 11,900,000 100,000
09/07/98 5.64% 0 11,500,000 600,000 0 500,000 700,000 11,900,000 100,000
09/08/98 5.64% 0 11,400,000 600,000 0 500,000 700,000 11,900,000 100,000
09/09/98 5.64% 0 11,500,000 600,000 0 500,000 700,000 11,900,000 100,000
09/10/98 5.64% 0 11,900,000 600,000 0 500,000 700,000 11,900,000 100,000
09/11/98 5.63% 0 10,100,000 600,000 0 500,000 700,000 11,800,000 100,000
09/12/98 5.63% 0 10,100,000 600,000 0 500,000 700,000 11,800,000 100,000
09/13/98 5.63% 0 10,100,000 600,000 0 500,000 700,000 11,800,000 100,000
09/14/98 5.63% 0 11,900,000 600,000 0 500,000 700,000 11,800,000 100,000
09/15/98 5.65% 0 11,900,000 600,000 0 500,000 700,000 12,100,000 1,000,000
09/16/98 5.62% 0 11,900,000 600,000 0 500,000 700,000 12,100,000 1,000,000
09/17/98 5.62% 0 12,000,000 600,000 0 500,000 700,000 12,100,000 2,600,000
09/18/98 5.61% 0 11,800,000 600,000 0 500,000 700,000 12,100,000 2,600,000
09/19/98 5.61% 0 11,800,000 600,000 0 500,000 700,000 12,100,000 2,600,000
09/20/98 5.61% 0 11,800,000 600,000 0 500,000 700,000 12,100,000 2,600,000
09/21/98 5.62% 0 11,800,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/22/98 5.62% 0 11,800,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/23/98 5.62% 0 11,700,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/24/98 5.62% 0 11,700,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/25/98 5.61% 0 11,700,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/26/98 5.61% 0 11,700,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/27/98 5.61% 0 11,700,000 600,000 0 500,000 700,000 11,900,000 2,600,000
09/28/98 5.61% 0 11,700,000 600,000 0 500,000 700,000 11,800,000 2,600,000
09/29/98 5.61% 0 11,700,000 600,000 0 500,000 700,000 11,800,000 2,600,000
09/30/98 5.63% 0 11,700,000 700,000 0 500,000 700,000 11,800,000 2,500,000
</TABLE>
<PAGE>
EXHIBIT A
NATIONAL FUEL GAS COMPANY
F/Y 1998
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
---- ------- ------- ------- -------------
07/ 1 /98 113,600,000 47,000,000 32,700,000 5.669937%
07/ 2 /98 143,700,000 67,000,000 33,700,000 5.674068%
07/ 3 /98 142,600,000 67,000,000 34,900,000 5.672998%
07/ 4 /98 142,600,000 67,000,000 34,900,000 5.672998%
07/ 5 /98 142,600,000 67,000,000 34,900,000 5.672998%
07/ 6 /98 146,700,000 67,000,000 35,100,000 5.669064%
07/ 7 /98 144,000,000 67,000,000 38,600,000 5.663446%
07/ 8 /98 142,200,000 67,000,000 42,400,000 5.660129%
07/ 9 /98 138,900,000 67,000,000 45,700,000 5.653082%
07/ 10 /98 139,700,000 67,000,000 45,400,000 5.650752%
07/ 11 /98 139,700,000 67,000,000 45,400,000 5.650752%
07/ 12 /98 139,700,000 67,000,000 45,400,000 5.650752%
07/ 13 /98 114,600,000 92,000,000 45,600,000 5.643117%
07/ 14 /98 113,300,000 92,000,000 47,200,000 5.640911%
07/ 15 /98 133,100,000 92,000,000 38,100,000 5.656746%
07/ 16 /98 132,400,000 92,000,000 39,500,000 5.648583%
07/ 17 /98 128,900,000 92,000,000 42,700,000 5.640891%
07/ 18 /98 128,900,000 92,000,000 42,700,000 5.640891%
07/ 19 /98 128,900,000 92,000,000 42,700,000 5.640891%
07/ 20 /98 130,200,000 92,000,000 41,800,000 5.643078%
07/ 21 /98 129,300,000 92,000,000 42,800,000 5.642191%
07/ 22 /98 132,300,000 92,000,000 43,600,000 5.638383%
07/ 23 /98 130,700,000 92,000,000 44,800,000 5.642641%
07/ 24 /98 133,000,000 92,000,000 38,400,000 5.640436%
07/ 25 /98 133,000,000 92,000,000 38,400,000 5.640436%
07/ 26 /98 133,000,000 92,000,000 38,400,000 5.640436%
07/ 27 /98 145,600,000 92,000,000 31,900,000 5.644067%
07/ 28 /98 141,500,000 92,000,000 32,400,000 5.645848%
07/ 29 /98 140,600,000 92,000,000 32,500,000 5.655673%
07/ 30 /98 143,000,000 92,000,000 32,800,000 5.650879%
07/ 31 /98 148,300,000 92,000,000 33,100,000 5.649867%
-----------------------------------------------------------
S/T PR.:Jul $4,196,600,000 $2,532,000,000 $1,218,500,000 5.651414%
Swaps & Fees
Total July: 4,196,600,000 2,532,000,000 1,218,500,000 5.651414%
===========================================================
<PAGE>
EXHIBIT A
NATIONAL FUEL GAS COMPANY
F/Y 1998
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
---- ------- ------- ------- -------------
08/ 1 /98 148,300,000 92,000,000 33,100,000 5.649867%
08/ 2 /98 148,300,000 92,000,000 33,100,000 5.649867%
08/ 3 /98 163,400,000 92,000,000 33,200,000 5.653166%
08/ 4 /98 162,600,000 92,000,000 33,600,000 5.649729%
08/ 5 /98 161,900,000 92,000,000 34,000,000 5.638005%
08/ 6 /98 161,900,000 92,000,000 35,100,000 5.644213%
08/ 7 /98 160,700,000 92,000,000 34,400,000 5.636830%
08/ 8 /98 160,700,000 92,000,000 34,400,000 5.636830%
08/ 9 /98 160,700,000 92,000,000 34,400,000 5.636830%
08/ 10 /98 141,900,000 117,600,000 26,800,000 5.634459%
08/ 11 /98 145,800,000 112,000,000 27,300,000 5.637412%
08/ 12 /98 146,600,000 112,000,000 27,300,000 5.638129%
08/ 13 /98 146,200,000 112,000,000 26,700,000 5.640006%
08/ 14 /98 144,600,000 112,000,000 27,000,000 5.633933%
08/ 15 /98 144,600,000 112,000,000 27,000,000 5.633933%
08/ 16 /98 144,600,000 112,000,000 27,000,000 5.633933%
08/ 17 /98 145,900,000 112,000,000 27,000,000 5.648862%
08/ 18 /98 145,800,000 112,000,000 27,000,000 5.640181%
08/ 18 /98 145,500,000 112,000,000 27,200,000 5.638505%
08/ 20 /98 145,800,000 112,000,000 27,300,000 5.638498%
08/ 21 /98 145,200,000 112,000,000 27,600,000 5.631712%
08/ 22 /98 145,200,000 112,000,000 27,600,000 5.631712%
08/ 23 /98 145,200,000 112,000,000 27,600,000 5.631712%
08/ 24 /98 150,400,000 112,000,000 27,200,000 5.635528%
08/ 25 /98 157,900,000 112,000,000 27,400,000 5.633713%
08/ 26 /98 153,700,000 112,000,000 26,800,000 5.642660%
08/ 27 /98 151,600,000 112,000,000 25,500,000 5.637969%
08/ 28 /98 152,600,000 112,000,000 24,500,000 5.640199%
08/ 29 /98 152,600,000 112,000,000 24,500,000 5.640199%
08/ 30 /98 152,600,000 112,000,000 24,500,000 5.640199%
08/ 31 /98 165,800,000 112,000,000 24,500,000 5.653146%
-----------------------------------------------------------
S/T August: 4,698,600,000 3,297,600,000 890,600,000 5.639742%
SWAPS & FEES
Total August 4,698,600,000 3,297,600,000 890,600,000 5.639742%
===========================================================
<PAGE>
EXHIBIT A
NATIONAL FUEL GAS COMPANY
F/Y 1998
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
---- ------- ------- ------- -------------
09/ 1 /98 172,400,000 101,500,000 24,400,000 5.647204%
09/ 2 /98 170,300,000 101,500,000 24,300,000 5.641801%
09/ 3 /98 167,000,000 101,500,000 24,100,000 5.639642%
09/ 4 /98 165,300,000 101,500,000 25,300,000 5.635656%
09/ 5 /98 165,300,000 101,500,000 25,300,000 5.635656%
09/ 6 /98 165,300,000 101,500,000 25,300,000 5.635656%
09/ 7 /98 165,300,000 101,500,000 25,300,000 5.635656%
09/ 8 /98 165,500,000 101,500,000 25,200,000 5.639726%
09/ 9 /98 164,200,000 101,500,000 25,300,000 5.644561%
09/ 10 /98 163,800,000 101,500,000 25,700,000 5.639316%
09/ 11 /98 164,100,000 101,500,000 23,800,000 5.626295%
09/ 12 /98 164,100,000 101,500,000 23,800,000 5.626295%
09/ 13 /98 164,100,000 101,500,000 23,800,000 5.626295%
09/ 14 /98 161,400,000 101,500,000 25,600,000 5.631428%
09/ 15 /98 167,400,000 101,500,000 26,800,000 5.650332%
09/ 16 /98 166,200,000 101,500,000 26,800,000 5.625553%
09/ 17 /98 164,000,000 101,500,000 28,500,000 5.621993%
09/ 18 /98 163,700,000 101,500,000 28,300,000 5.614064%
09/ 19 /98 163,700,000 101,500,000 28,300,000 5.614064%
09/ 20 /98 163,700,000 101,500,000 28,300,000 5.614064%
09/ 21 /98 171,800,000 101,500,000 28,100,000 5.616287%
09/ 22 /98 169,700,000 101,500,000 28,100,000 5.617768%
09/ 23 /98 169,500,000 101,500,000 28,000,000 5.620285%
09/ 24 /98 171,200,000 101,500,000 28,000,000 5.616539%
09/ 25 /98 176,900,000 101,500,000 28,000,000 5.610813%
09/ 26 /98 176,900,000 101,500,000 28,000,000 5.610813%
09/ 27 /98 176,900,000 101,500,000 28,000,000 5.610813%
09/ 28 /98 173,800,000 101,500,000 27,900,000 5.611827%
09/ 29 /98 175,000,000 101,500,000 27,900,000 5.610236%
09/ 30 /98 195,100,000 101,500,000 27,900,000 5.630891%
-----------------------------------------------------------
S/T Sept.: 5,063,600,000 3,045,000,000 794,100,000 5.626601%
SWAPS & FEES
Total Sept. 5,063,600,000 3,045,000,000 794,100,000 5.626601%
===========================================================
EXHIBIT B
Horizon Loan to PSZT
--------------------
Interest
Date Rate Principal
7/1/98 7.78% 900,000
7/2/98 7.75% 1,200,000
7/3/98 7.75% 1,200,000
7/4/98 7.75% 1,200,000
7/5/98 7.75% 1,200,000
7/6/98 7.75% 1,200,000
7/7/98 7.75% 1,200,000
7/8/98 7.75% 1,200,000
7/9/98 7.75% 1,200,000
7/10/98 7.75% 1,200,000
7/11/98 7.75% 1,200,000
7/12/98 7.75% 1,200,000
7/13/98 7.75% 2,500,000
7/14/98 7.75% 2,500,000
7/15/98 7.75% 2,500,000
7/16/98 7.75% 2,500,000
7/17/98 7.75% 2,500,000
7/18/98 7.75% 2,500,000
7/19/98 7.75% 2,500,000
7/20/98 7.75% 2,500,000
7/21/98 7.75% 2,500,000
7/22/98 7.75% 2,500,000
7/23/98 7.75% 2,500,000
7/24/98 7.75% 2,500,000
7/25/98 7.75% 2,500,000
7/26/98 7.75% 2,500,000
7/27/98 7.75% 2,500,000
7/28/98 7.75% 2,500,000
7/29/98 7.75% 2,500,000
7/30/98 7.75% 2,500,000
7/31/98 7.75% 2,500,000
8/1/98 7.75% 2,500,000
8/2/98 7.75% 2,500,000
8/3/98 7.75% 2,500,000
8/4/98 7.75% 2,500,000
8/5/98 7.75% 2,500,000
8/6/98 7.75% 2,500,000
8/7/98 7.75% 2,500,000
8/8/98 7.75% 2,500,000
8/9/98 7.75% 2,500,000
8/10/98 7.72% 2,500,000
8/11/98 7.72% 2,500,000
8/12/98 7.72% 2,500,000
8/13/98 7.72% 2,500,000
8/14/98 7.72% 2,500,000
8/15/98 7.72% 2,500,000
8/16/98 7.72% 2,500,000
8/17/98 7.72% 2,500,000
8/18/98 7.72% 2,500,000
8/19/98 7.72% 2,500,000
8/20/98 7.72% 2,500,000
8/21/98 7.72% 2,500,000
8/22/98 7.72% 2,500,000
8/23/98 7.72% 2,500,000
8/24/98 7.69% 2,500,000
8/25/98 7.69% 2,500,000
8/26/98 7.69% 2,500,000
8/27/98 7.69% 2,500,000
8/28/98 7.59% 2,500,000
8/29/98 7.59% 2,500,000
8/30/98 7.59% 2,500,000
8/31/98 7.56% 2,500,000
9/1/98 7.56% 2,500,000
9/2/98 7.56% 2,500,000
9/3/98 7.56% 2,500,000
9/4/98 7.56% 2,500,000
9/5/98 7.56% 2,500,000
9/6/98 7.56% 2,500,000
9/7/98 7.54% 2,500,000
9/8/98 7.53% 2,500,000
9/9/98 7.50% 2,500,000
9/10/98 7.50% 2,500,000
9/11/98 7.41% 2,500,000
9/12/98 7.41% 2,500,000
9/13/98 7.41% 2,500,000
9/14/98 7.41% 2,500,000
9/15/98 7.41% 2,500,000
9/16/98 7.41% 2,500,000
9/17/98 7.41% 2,500,000
9/18/98 7.41% 2,500,000
9/19/98 7.41% 2,500,000
9/20/98 7.41% 2,500,000
9/21/98 7.41% 2,500,000
9/22/98 7.41% 2,500,000
9/23/98 7.41% 2,500,000
9/24/98 7.34% 2,500,000
9/25/98 7.25% 2,500,000
9/26/98 7.25% 2,500,000
9/27/98 7.25% 2,500,000
9/28/98 7.25% 2,500,000
9/29/98 7.25% 2,500,000
9/30/98 7.25% 2,500,000
