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 June 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
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: Three 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>
C) Long Term Notes
2. Issue, renewal or guaranty:
Security A: renewal
Security B: issue
Security C: 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
Security C: See Exhibit C
4. Rate of interest per annum of each security:
Security A: See Exhibit A
Security B: See Exhibit B
Security C: See Exhibit C
5. Date of issue, renewal or guaranty of each security:
Security A: See Exhibit A
Security B: See Exhibit B
Security C: See Exhibit C
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
Security C: See Exhibit C
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
Security C: National Fuel Gas Company
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
Security C: See Exhibit C
<PAGE>
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
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
<PAGE>
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
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/ Philip C. Ackerman
---------------------------------
Philip C. Ackerman
President
HORIZON ENERGY DEVELOPMENT INC.
By /s/ Philip C. Ackerman
---------------------------------
Philip C. Ackerman
President
HIGHLAND LAND & MINERALS, INC.
By /s/ Philip C. Ackerman
---------------------------------
Philip C. Ackerman
President
<PAGE>
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
SENECA INDEPENDENCE PIPELINE COMPANY
By /s/ Richard Hare
--------------------------------
Richard Hare
President
NIAGARA INDEPENDENCE MARKETING COMPANY
By /s/ C. H. Friedrich
--------------------------------
C. H. Friedrich
Treasurer
UPSTATE ENERGY INC.
By /s/ C. H. Friedrich
--------------------------------
C. H Friedrich
Treasurer
PRVNI SEVEROZAPADNI TEPLARENSKA, A.S.
By /s/ Philip C. Ackerman
--------------------------------
Philip C. Ackerman
Director
Date: August 28, 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>
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL EXHIBIT A
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>
1998
APR. 1 5.81% 27,900,000 224,200,000 4,000,000 500,000 22,600,000 72,300,000 500,000 0 352,000,000
" 2 5.67% 23,700,000 221,700,000 4,000,000 500,000 22,700,000 72,300,000 500,000 0 345,400,000
" 3 5.67% 20,100,000 221,700,000 4,000,000 500,000 22,800,000 72,900,000 500,000 0 342,500,000
" 4 5.67% 20,100,000 221,700,000 4,000,000 500,000 22,800,000 72,900,000 500,000 0 342,500,000
" 5 5.67% 20,100,000 221,700,000 4,000,000 500,000 22,800,000 72,900,000 500,000 0 342,500,000
" 6 5.67% 17,200,000 227,000,000 4,000,000 500,000 23,600,000 73,200,000 500,000 0 346,000,000
" 7 5.66% 12,500,000 227,100,000 4,000,000 500,000 23,900,000 73,200,000 500,000 0 341,700,000
" 8 5.67% 5,900,000 230,000,000 4,000,000 500,000 24,100,000 73,200,000 500,000 0 338,200,000
" 9 5.67% 2,300,000 231,100,000 4,000,000 500,000 24,400,000 73,800,000 500,000 0 336,600,000
" 10 5.66% 0 231,100,000 4,000,000 500,000 22,600,000 73,800,000 500,000 0 332,500,000
" 11 5.66% 0 231,100,000 4,000,000 500,000 22,600,000 73,800,000 500,000 0 332,500,000
" 12 5.66% 0 231,100,000 4,000,000 500,000 22,600,000 73,800,000 500,000 0 332,500,000
" 13 5.67% 200,000 231,200,000 4,000,000 500,000 22,600,000 73,800,000 500,000 0 332,800,000
" 14 5.67% 0 231,200,000 4,000,000 0 22,700,000 73,800,000 500,000 0 332,200,000
" 15 5.68% 0 231,200,000 4,000,000 0 29,900,000 73,800,000 500,000 0 339,400,000
" 16 5.66% 0 231,200,000 4,000,000 0 30,200,000 73,800,000 500,000 0 339,700,000
" 17 5.66% 0 231,900,000 4,000,000 0 30,600,000 73,800,000 500,000 0 340,800,000
" 18 5.66% 0 231,900,000 4,000,000 0 30,600,000 73,800,000 500,000 0 340,800,000
" 19 5.66% 0 231,900,000 4,000,000 0 30,600,000 73,800,000 500,000 0 340,800,000
" 20 5.66% 0 230,900,000 4,000,000 0 31,000,000 73,800,000 500,000 0 340,200,000
" 21 5.65% 0 230,900,000 4,000,000 0 31,100,000 73,800,000 500,000 0 340,300,000
" 22 5.66% 0 230,900,000 4,000,000 0 31,500,000 73,800,000 500,000 0 340,700,000
" 23 5.65% 0 230,900,000 4,000,000 0 31,600,000 73,800,000 500,000 0 340,800,000
" 24 5.64% 3,500,000 227,600,000 4,000,000 0 34,200,000 73,800,000 500,000 0 343,600,000
" 25 5.64% 3,500,000 227,600,000 4,000,000 0 34,200,000 73,800,000 500,000 0 343,600,000
" 26 5.64% 3,500,000 227,600,000 4,000,000 0 34,200,000 73,800,000 500,000 0 343,600,000
" 27 5.66% 9,100,000 228,300,000 4,000,000 0 27,100,000 73,800,000 500,000 1,900,000 344,700,000
" 28 5.64% 3,400,000 228,300,000 4,000,000 0 24,900,000 73,800,000 500,000 1,400,000 336,300,000
" 29 5.64% 0 228,300,000 4,000,000 0 25,400,000 73,900,000 500,000 1,400,000 333,500,000
" 30 5.66% 0 233,800,000 4,000,000 0 27,400,000 73,900,000 500,000 1,700,000 341,300,000
-------------------------------------------------------------------------------------------------------------
173,000,000 6,865,100,000 120,000,000 6,500,000 807,300,000 2,206,700,000 15,000,000 6,400,000 10,200,000,000
=============================================================================================================
</TABLE>
<PAGE>
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL EXHIBIT A
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>
1998
MAY 1 5.64% 200,000 241,200,000 4,000,000 0 28,600,000 74,200,000 500,000 1,500,000 350,200,000
" 2 5.64% 200,000 241,200,000 4,000,000 0 28,600,000 74,200,000 500,000 1,500,000 350,200,000
" 3 5.64% 200,000 241,200,000 4,000,000 0 28,600,000 74,200,000 500,000 1,500,000 350,200,000
" 4 5.62% 0 241,900,000 4,000,000 0 28,500,000 74,200,000 500,000 0 349,100,000
" 5 5.62% 0 244,000,000 4,000,000 0 29,000,000 74,600,000 500,000 0 352,100,000
" 6 5.61% 0 277,100,000 4,000,000 0 29,300,000 74,600,000 500,000 0 385,500,000
" 7 5.58% 0 277,400,000 4,000,000 0 29,400,000 74,600,000 500,000 0 385,900,000
" 8 5.57% 0 276,900,000 4,000,000 0 29,600,000 74,600,000 500,000 0 385,600,000
" 9 5.57% 0 276,900,000 4,000,000 0 29,600,000 74,600,000 500,000 0 385,600,000
" 10 5.57% 0 276,900,000 4,000,000 0 29,600,000 74,600,000 500,000 0 385,600,000
" 11 5.57% 0 277,900,000 4,000,000 0 29,800,000 74,600,000 500,000 0 386,800,000
" 12 5.61% 0 279,900,000 5,100,000 0 27,900,000 74,600,000 500,000 0 388,000,000
" 13 5.64% 0 279,900,000 5,100,000 0 28,300,000 74,600,000 500,000 0 388,400,000
" 14 5.64% 0 279,900,000 5,100,000 0 28,300,000 74,600,000 500,000 0 388,400,000
" 15 5.68% 0 279,900,000 5,100,000 0 28,900,000 74,600,000 500,000 0 389,000,000
" 16 5.68% 0 279,900,000 5,100,000 0 28,900,000 74,600,000 500,000 0 389,000,000
" 17 5.68% 0 279,900,000 5,100,000 0 28,900,000 74,600,000 500,000 0 389,000,000
" 18 5.67% 0 279,700,000 5,100,000 0 29,100,000 74,600,000 500,000 0 389,000,000
" 19 5.67% 0 281,300,000 5,100,000 0 29,500,000 74,600,000 500,000 0 391,000,000
" 20 5.67% 0 279,200,000 5,100,000 0 29,600,000 74,600,000 500,000 0 389,000,000
" 21 5.64% 0 279,300,000 5,100,000 0 29,900,000 74,600,000 500,000 0 389,400,000
" 22 5.55% 0 275,100,000 5,100,000 0 30,100,000 74,600,000 500,000 0 385,400,000
" 23 5.55% 0 275,100,000 5,100,000 0 30,100,000 74,600,000 500,000 0 385,400,000
" 24 5.55% 0 275,100,000 5,100,000 0 30,100,000 74,600,000 500,000 0 385,400,000
" 25 5.55% 0 275,100,000 5,100,000 0 30,100,000 74,600,000 500,000 0 385,400,000
" 26 5.63% 0 153,700,000 5,100,000 0 23,200,000 0 500,000 0 182,500,000
" 27 5.64% 0 155,900,000 5,100,000 0 22,200,000 0 500,000 0 183,700,000
" 28 5.64% 0 155,900,000 5,100,000 0 22,700,000 0 500,000 0 184,200,000
" 29 5.65% 0 155,900,000 5,100,000 0 22,800,000 0 500,000 0 184,300,000
" 30 5.65% 0 155,900,000 5,100,000 0 22,800,000 0 500,000 0 184,300,000
" 31 5.65% 0 155,900,000 5,100,000 0 22,800,000 0 500,000 0 184,300,000
---------------------------------------------------------------------------------------------------------
600,000 7,705,100,000 146,000,000 0 866,800,000 1,863,400,000 15,500,000 4,500,000 10,601,900,000
=========================================================================================================
</TABLE>
<PAGE>
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL EXHIBIT A
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>
1998
JUN 1 5.67% 0 187,100,000 5,100,000 0 23,200,000 0 500,000 0 215,900,000
" 2 5.64% 0 188,100,000 5,100,000 0 23,200,000 0 200,000 0 216,600,000
" 3 5.64% 0 188,400,000 5,100,000 0 22,600,000 0 200,000 0 216,300,000
" 4 5.63% 0 189,100,000 5,100,000 0 22,600,000 0 200,000 0 217,000,000
" 5 5.63% 0 190,800,000 5,200,000 0 22,600,000 0 200,000 0 218,800,000
" 6 5.63% 0 190,800,000 5,200,000 0 22,600,000 0 200,000 0 218,800,000
" 7 5.63% 0 190,800,000 5,200,000 0 22,600,000 0 200,000 0 218,800,000
" 8 5.63% 0 191,000,000 5,200,000 0 22,700,000 0 200,000 0 219,100,000
" 9 5.61% 0 191,300,000 5,200,000 0 22,900,000 0 200,000 0 219,600,000
" 10 5.62% 0 191,400,000 5,200,000 0 20,800,000 0 200,000 0 217,600,000
" 11 5.63% 0 191,400,000 5,200,000 0 18,800,000 0 200,000 0 215,600,000
" 12 5.64% 0 191,400,000 5,200,000 0 19,500,000 0 200,000 0 216,300,000
" 13 5.64% 0 191,400,000 5,200,000 0 19,500,000 0 200,000 0 216,300,000
" 14 5.64% 0 191,400,000 5,200,000 0 19,500,000 0 200,000 0 216,300,000
" 15 5.65% 0 191,400,000 5,200,000 0 26,800,000 0 200,000 0 223,600,000
" 16 5.65% 0 192,400,000 5,200,000 0 28,600,000 0 200,000 0 226,400,000
" 17 5.65% 0 192,400,000 5,200,000 0 28,700,000 0 200,000 0 226,500,000
" 18 5.64% 0 178,900,000 5,200,000 0 15,500,000 0 200,000 0 199,800,000
" 19 5.64% 0 176,900,000 5,200,000 0 15,400,000 0 200,000 0 197,700,000
" 20 5.64% 0 176,900,000 5,200,000 0 15,500,000 0 200,000 0 197,800,000
" 21 5.64% 0 176,900,000 5,200,000 0 15,500,000 0 200,000 0 197,800,000
" 22 5.64% 0 176,900,000 5,200,000 0 15,500,000 0 200,000 0 197,800,000
" 23 5.60% 0 177,400,000 5,200,000 0 15,800,000 0 200,000 0 198,600,000
" 24 5.60% 0 177,600,000 5,200,000 0 15,900,000 0 200,000 0 198,900,000
" 25 5.65% 1,700,000 170,600,000 5,200,000 0 10,000,000 0 200,000 0 187,700,000
" 26 5.66% 0 171,100,000 5,200,000 0 8,500,000 0 200,000 0 185,000,000
" 27 5.66% 0 171,100,000 5,200,000 0 8,500,000 0 200,000 0 185,000,000
" 28 5.66% 0 171,100,000 5,200,000 0 8,500,000 0 200,000 0 185,000,000
" 29 5.69% 0 174,400,000 5,200,000 0 8,500,000 0 200,000 0 188,300,000
" 30 5.75% 4,700,000 177,400,000 5,200,000 0 9,600,000 0 200,000 0 197,100,000
-----------------------------------------------------------------------------------------------
6,400,000 5,517,800,000 155,600,000 0 549,900,000 0 6,300,000 0 6,236,000,000
===============================================================================================
</TABLE>
<PAGE>
EXHIBIT A
<TABLE>
SUBSIDIARY LENDING TO MONEY POOL
--------------------------------
<CAPTION>
Interest Distribution NFG Data
Date Rate Corporation Company Track Highland NFR UCI Leidy Seneca
- ---- -------- ------------ ------- ----- -------- --- --- ----- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
04/01/98 5.81% 0 14,300,000 500,000 0 2,800,000 900,000 700,000 7,300,000
04/02/98 5.67% 0 14,300,000 500,000 0 3,500,000 900,000 700,000 7,400,000
04/03/98 5.67% 0 14,300,000 500,000 0 3,800,000 900,000 700,000 7,400,000
04/04/98 5.67% 0 14,300,000 500,000 0 3,800,000 900,000 700,000 7,400,000
04/05/98 5.67% 0 14,300,000 500,000 0 3,800,000 900,000 700,000 7,400,000
04/06/98 5.66% 0 15,000,000 500,000 0 4,200,000 900,000 700,000 7,400,000
04/07/98 5.66% 0 15,000,000 500,000 0 5,000,000 900,000 700,000 7,400,000
04/08/98 5.67% 0 15,000,000 500,000 0 5,000,000 900,000 700,000 7,500,000
04/09/98 5.67% 0 15,000,000 500,000 0 4,000,000 900,000 700,000 8,400,000
04/10/98 5.66% 800,000 15,000,000 500,000 0 4,000,000 900,000 700,000 8,400,000
04/11/98 5.66% 800,000 15,000,000 500,000 0 4,000,000 900,000 700,000 8,400,000
04/12/98 5.66% 800,000 15,000,000 500,000 0 4,000,000 900,000 700,000 8,400,000
04/13/98 5.67% 0 15,000,000 500,000 0 4,400,000 900,000 700,000 8,400,000
04/14/98 5.67% 5,400,000 15,000,000 500,000 200,000 4,800,000 900,000 700,000 8,400,000
04/15/98 5.68% 2,000,000 13,700,000 500,000 0 4,800,000 700,000 700,000 8,300,000
04/16/98 5.66% 4,500,000 13,900,000 500,000 0 4,900,000 700,000 700,000 8,300,000
04/17/98 5.66% 6,900,000 14,700,000 500,000 0 4,900,000 700,000 700,000 8,300,000
04/18/98 5.66% 6,900,000 14,700,000 500,000 0 4,900,000 700,000 700,000 8,300,000
04/19/98 5.66% 6,900,000 14,700,000 500,000 0 4,900,000 700,000 700,000 8,300,000
04/20/98 5.66% 7,400,000 30,800,000 500,000 0 5,100,000 700,000 700,000 8,200,000
04/21/98 5.65% 11,300,000 30,800,000 500,000 0 5,000,000 700,000 700,000 8,200,000
04/22/98 5.66% 15,600,000 30,800,000 500,000 0 3,500,000 700,000 700,000 8,200,000
04/23/98 5.65% 18,700,000 30,800,000 500,000 0 3,600,000 700,000 700,000 8,300,000
04/24/98 5.64% 0 32,100,000 500,000 0 800,000 700,000 700,000 8,300,000
04/25/98 5.64% 0 32,100,000 500,000 0 800,000 700,000 700,000 8,300,000
04/26/98 5.64% 0 32,100,000 500,000 0 800,000 700,000 700,000 8,300,000
04/27/98 5.66% 0 31,800,000 500,000 0 0 700,000 700,000 8,200,000
04/28/98 5.64% 0 31,800,000 500,000 0 0 700,000 700,000 8,200,000
04/29/98 5.64% 2,700,000 31,400,000 500,000 0 0 700,000 700,000 8,200,000
04/30/98 5.66% 1,500,000 31,400,000 500,000 1,000,000 0 700,000 700,000 8,200,000
05/01/98 5.64% 0 33,600,000 500,000 1,000,000 0 700,000 700,000 8,100,000
05/02/98 5.64% 0 33,600,000 500,000 1,000,000 0 700,000 700,000 8,100,000
05/03/98 5.64% 0 33,600,000 500,000 1,000,000 0 700,000 700,000 8,100,000
05/04/98 5.62% 1,900,000 33,300,000 500,000 1,000,000 900,000 700,000 700,000 8,100,000
05/05/98 5.62% 5,400,000 34,700,000 500,000 1,000,000 1,500,000 700,000 700,000 8,200,000
05/06/98 5.61% 11,300,000 34,700,000 500,000 1,000,000 1,500,000 700,000 700,000 8,200,000
05/07/98 5.58% 17,000,000 34,700,000 500,000 1,000,000 1,500,000 700,000 700,000 8,100,000
05/08/98 5.57% 20,500,000 34,700,000 500,000 1,000,000 2,200,000 700,000 700,000 8,100,000
05/09/98 5.57% 20,500,000 34,700,000 500,000 1,000,000 2,200,000 700,000 700,000 8,100,000
05/10/98 5.57% 20,500,000 34,700,000 500,000 1,000,000 2,200,000 700,000 700,000 8,100,000
05/11/98 5.57% 22,700,000 34,300,000 500,000 1,000,000 2,700,000 700,000 700,000 8,200,000
05/12/98 5.61% 25,000,000 34,300,000 500,000 1,000,000 3,200,000 700,000 700,000 8,200,000
05/13/98 5.64% 28,400,000 34,300,000 500,000 1,000,000 3,400,000 700,000 700,000 8,200,000
05/14/98 5.64% 31,100,000 34,300,000 500,000 1,000,000 2,400,000 700,000 700,000 9,100,000
05/15/98 5.68% 32,100,000 34,200,000 500,000 1,000,000 2,400,000 700,000 700,000 9,100,000
05/16/98 5.68% 32,100,000 34,200,000 500,000 1,000,000 2,400,000 700,000 700,000 9,100,000
05/17/98 5.68% 32,100,000 34,200,000 500,000 1,000,000 2,400,000 700,000 700,000 9,100,000
05/18/98 5.67% 35,100,000 34,200,000 500,000 1,000,000 2,700,000 700,000 700,000 9,100,000
05/19/98 5.67% 37,600,000 34,200,000 500,000 1,000,000 2,700,000 700,000 700,000 9,100,000
05/20/98 5.67% 39,200,000 34,200,000 500,000 1,000,000 2,700,000 700,000 700,000 9,100,000
05/21/98 5.64% 41,100,000 34,200,000 500,000 1,000,000 2,800,000 700,000 700,000 9,100,000
05/22/98 5.55% 39,400,000 34,200,000 500,000 1,000,000 3,100,000 700,000 700,000 9,100,000
05/23/98 5.55% 39,400,000 34,200,000 500,000 1,000,000 3,100,000 700,000 700,000 9,100,000
05/24/98 5.55% 39,400,000 34,200,000 500,000 1,000,000 3,100,000 700,000 700,000 9,100,000
05/25/98 5.55% 39,400,000 34,200,000 500,000 1,000,000 3,100,000 700,000 700,000 9,100,000
05/26/98 5.63% 9,300,000 32,700,000 500,000 1,000,000 300,000 700,000 700,000 9,100,000
05/27/98 5.64% 13,300,000 32,500,000 500,000 1,000,000 300,000 700,000 700,000 9,100,000
05/28/98 5.64% 15,800,000 32,300,000 500,000 900,000 400,000 700,000 700,000 9,100,000
05/29/98 5.65% 14,800,000 32,500,000 500,000 900,000 1,700,000 700,000 700,000 9,000,000
05/30/98 5.65% 14,800,000 32,500,000 500,000 900,000 1,700,000 700,000 700,000 9,000,000
05/31/98 5.65% 14,800,000 32,500,000 500,000 900,000 1,700,000 700,000 700,000 9,000,000
06/01/98 5.67% 18,900,000 32,000,000 500,000 900,000 1,800,000 700,000 700,000 9,000,000
06/02/98 5.64% 21,700,000 32,000,000 500,000 900,000 1,300,000 700,000 700,000 9,000,000
06/03/98 5.64% 26,300,000 32,000,000 500,000 900,000 1,700,000 700,000 700,000 9,000,000
06/04/98 5.63% 29,500,000 32,100,000 500,000 900,000 1,800,000 700,000 700,000 9,000,000
06/05/98 5.63% 30,900,000 34,000,000 500,000 900,000 900,000 700,000 700,000 9,900,000
06/06/98 5.63% 30,900,000 34,000,000 500,000 900,000 900,000 700,000 700,000 9,900,000
06/07/98 5.63% 30,900,000 34,000,000 500,000 900,000 900,000 700,000 700,000 9,900,000
06/08/98 5.63% 33,300,000 33,900,000 500,000 900,000 700,000 700,000 700,000 9,900,000
06/09/98 5.61% 36,000,000 34,700,000 500,000 700,000 900,000 700,000 700,000 9,900,000
06/10/98 5.62% 37,800,000 34,700,000 500,000 700,000 1,100,000 700,000 700,000 9,900,000
06/11/98 5.63% 40,200,000 34,500,000 500,000 700,000 1,100,000 700,000 700,000 10,000,000
06/12/98 5.64% 41,200,000 34,500,000 500,000 700,000 1,500,000 700,000 700,000 10,000,000
06/13/98 5.64% 41,200,000 34,500,000 500,000 700,000 1,500,000 700,000 700,000 10,000,000
06/14/98 5.64% 41,200,000 34,500,000 500,000 700,000 1,500,000 700,000 700,000 10,000,000
06/15/98 5.65% 35,400,000 34,100,000 500,000 400,000 1,700,000 700,000 700,000 10,000,000
06/16/98 5.65% 35,800,000 34,000,000 500,000 400,000 2,000,000 700,000 700,000 10,000,000
06/17/98 5.65% 38,800,000 33,900,000 500,000 400,000 2,200,000 700,000 700,000 10,000,000
06/18/98 5.64% 21,600,000 18,100,000 600,000 400,000 2,400,000 700,000 700,000 9,000,000
06/19/98 5.64% 23,600,000 18,300,000 600,000 400,000 2,400,000 700,000 700,000 9,000,000
06/20/98 5.64% 23,600,000 18,300,000 600,000 400,000 2,400,000 700,000 700,000 9,000,000
06/21/98 5.64% 23,600,000 18,300,000 600,000 400,000 2,400,000 700,000 700,000 9,000,000
06/22/98 5.64% 19,700,000 18,300,000 600,000 400,000 2,500,000 700,000 700,000 9,000,000
06/23/98 5.60% 21,100,000 18,200,000 600,000 400,000 2,900,000 700,000 700,000 9,000,000
06/24/98 5.60% 23,300,000 18,200,000 600,000 400,000 2,800,000 700,000 700,000 9,000,000
06/25/98 5.65% 0 18,000,000 600,000 400,000 1,000,000 700,000 700,000 9,000,000
06/26/98 5.66% 1,000,000 18,000,000 600,000 300,000 700,000 700,000 700,000 9,000,000
06/27/98 5.66% 1,000,000 18,000,000 600,000 300,000 700,000 700,000 700,000 9,000,000
06/28/98 5.66% 1,000,000 18,000,000 600,000 300,000 700,000 700,000 700,000 9,000,000
06/29/98 5.69% 1,300,000 18,000,000 600,000 300,000 700,000 700,000 700,000 8,900,000
06/30/98 5.75% 0 17,900,000 600,000 300,000 800,000 700,000 700,000 8,900,000
</TABLE>
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1998 EXHIBIT A
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ---------- ---------------- ------------- -------------
04/ 1 /98 230,500,000 95,000,000 26,500,000 5.809746%
04/ 2 /98 223,100,000 95,000,000 27,300,000 5.668577%
04/ 3 /98 219,900,000 95,000,000 27,600,000 5.667760%
04/ 4 /98 219,900,000 95,000,000 27,600,000 5.667760%
04/ 5 /98 219,900,000 95,000,000 27,600,000 5.667760%
04/ 6 /98 222,300,000 95,000,000 28,700,000 5.665086%
04/ 7 /98 217,200,000 95,000,000 29,500,000 5.663229%
04/ 8 /98 213,600,000 95,000,000 29,600,000 5.669658%
04/ 9 /98 212,100,000 95,000,000 29,500,000 5.667595%
04/ 10 /98 207,200,000 95,000,000 30,300,000 5.664808%
04/ 11 /98 207,200,000 95,000,000 30,300,000 5.664808%
04/ 12 /98 207,200,000 95,000,000 30,300,000 5.664808%
04/ 13 /98 207,900,000 95,000,000 29,900,000 5.665991%
04/ 14 /98 201,300,000 95,000,000 35,900,000 5.666587%
04/ 15 /98 213,700,000 95,000,000 30,700,000 5.679161%
04/ 16 /98 211,200,000 95,000,000 33,500,000 5.662577%
04/ 17 /98 209,100,000 95,000,000 36,700,000 5.659213%
04/ 18 /98 209,100,000 95,000,000 36,700,000 5.659213%
04/ 19 /98 209,100,000 95,000,000 36,700,000 5.659213%
04/ 20 /98 191,800,000 95,000,000 53,400,000 5.659123%
04/ 21 /98 188,100,000 95,000,000 57,200,000 5.649781%
04/ 22 /98 185,700,000 95,000,000 60,000,000 5.658330%
04/ 23 /98 182,500,000 95,000,000 63,300,000 5.653271%
04/ 24 /98 205,500,000 95,000,000 43,100,000 5.640142%
04/ 25 /98 205,500,000 95,000,000 43,100,000 5.640142%
04/ 26 /98 205,500,000 95,000,000 43,100,000 5.640142%
04/ 27 /98 207,800,000 95,000,000 41,900,000 5.659619%
04/ 28 /98 199,400,000 95,000,000 41,900,000 5.641531%
04/ 29 /98 194,300,000 95,000,000 44,200,000 5.642924%
04/ 30 /98 202,300,000 95,000,000 44,000,000 5.657975%
------------------------------------------------------------
S/T APR.: 6,229,900,000 2,850,000,000 1,120,100,000 5.664711%
SWAPS & FEES
TOT. APR.: 6,229,900,000 2,850,000,000 1,120,100,000 5.664711%
============================================================
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1998 EXHIBIT A
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ---------- ---------------- ------------- -------------
05/ 1 /98 210,600,000 95,000,000 44,600,000 5.640260%
05/ 2 /98 210,600,000 95,000,000 44,600,000 5.640260%
05/ 3 /98 210,600,000 95,000,000 44,600,000 5.640260%
05/ 4 /98 207,000,000 95,000,000 47,100,000 5.621758%
05/ 5 /98 204,400,000 95,000,000 52,700,000 5.617516%
05/ 6 /98 231,900,000 95,000,000 58,600,000 5.608168%
05/ 7 /98 226,700,000 95,000,000 64,200,000 5.580490%
05/ 8 /98 222,200,000 95,000,000 68,400,000 5.566843%
05/ 9 /98 222,200,000 95,000,000 68,400,000 5.566843%
05/ 10 /98 222,200,000 95,000,000 68,400,000 5.566843%
05/ 11 /98 246,000,000 70,000,000 70,800,000 5.573763%
05/ 12 /98 219,400,000 95,000,000 73,600,000 5.610234%
05/ 13 /98 216,200,000 95,000,000 77,200,000 5.636874%
05/ 14 /98 213,600,000 95,000,000 79,800,000 5.637011%
05/ 15 /98 213,300,000 95,000,000 80,700,000 5.679994%
05/ 16 /98 213,300,000 95,000,000 80,700,000 5.679994%
05/ 17 /98 213,300,000 95,000,000 80,700,000 5.679994%
05/ 18 /98 210,000,000 95,000,000 84,000,000 5.671974%
05/ 19 /98 209,500,000 95,000,000 86,500,000 5.667834%
05/ 20 /98 205,900,000 95,000,000 88,100,000 5.667791%
05/ 21 /98 204,300,000 95,000,000 90,100,000 5.643549%
05/ 22 /98 221,700,000 75,000,000 88,700,000 5.552810%
05/ 23 /98 221,700,000 75,000,000 88,700,000 5.552810%
05/ 24 /98 221,700,000 75,000,000 88,700,000 5.552810%
05/ 25 /98 221,700,000 75,000,000 88,700,000 5.552810%
05/ 26 /98 87,800,000 35,000,000 59,700,000 5.627909%
05/ 27 /98 85,200,000 35,000,000 63,500,000 5.637573%
05/ 28 /98 68,900,000 49,500,000 65,800,000 5.640070%
05/ 29 /98 68,900,000 50,100,000 65,300,000 5.650201%
05/ 30 /98 68,900,000 50,100,000 65,300,000 5.650201%
05/ 31 /98 68,900,000 50,100,000 65,300,000 5.650201%
------------------------------------------------------------
S/T MAY.: 5,868,900,000 2,539,800,000 2,193,500,000 5.619000%
SWAPS & FEES
TOT. MAY.: 5,868,600,000 2,539,800,000 2,193,500,000 5.619000%
============================================================
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1998 EXHIBIT A
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ---------- ---------------- ------------- -------------
06/ 1 /98 68,900,000 78,000,000 69,000,000 5.670885%
06/ 2 /98 83,300,000 62,000,000 71,300,000 5.636982%
06/ 3 /98 78,000,000 62,000,000 76,300,000 5.637217%
06/ 4 /98 75,400,000 62,000,000 79,600,000 5.631415%
06/ 5 /98 74,200,000 62,000,000 82,600,000 5.629495%
06/ 6 /98 74,200,000 62,000,000 82,600,000 5.629495%
06/ 7 /98 74,200,000 62,000,000 82,600,000 5.629495%
06/ 8 /98 72,400,000 62,000,000 84,700,000 5.628683%
06/ 9 /98 57,900,000 73,400,000 88,300,000 5.609321%
06/ 10 /98 74,400,000 53,000,000 90,200,000 5.621704%
06/ 11 /98 74,100,000 53,000,000 88,500,000 5.631971%
06/ 12 /98 67,900,000 58,500,000 89,900,000 5.638580%
06/ 13 /98 67,900,000 58,500,000 89,900,000 5.638580%
06/ 14 /98 67,900,000 58,500,000 89,900,000 5.638580%
06/ 15 /98 86,600,000 53,000,000 84,000,000 5.651480%
06/ 16 /98 88,800,000 53,000,000 84,600,000 5.648820%
06/ 17 /98 85,800,000 53,000,000 87,700,000 5.648688%
06/ 18 /98 93,000,000 53,000,000 53,800,000 5.640133%
06/ 19 /98 88,700,000 53,000,000 56,000,000 5.636990%
06/ 20 /98 88,700,000 53,000,000 56,000,000 5.636990%
06/ 21 /98 88,700,000 53,000,000 56,000,000 5.636990%
06/ 22 /98 107,600,000 38,000,000 52,200,000 5.637817%
06/ 23 /98 67,900,000 76,800,000 53,900,000 5.597752%
06/ 24 /98 67,900,000 74,900,000 56,100,000 5.600852%
06/ 25 /98 81,000,000 76,000,000 30,700,000 5.646342%
06/ 26 /98 95,700,000 58,000,000 31,300,000 5.662958%
06/ 27 /98 95,700,000 58,000,000 31,300,000 5.662958%
06/ 28 /98 95,700,000 58,000,000 31,300,000 5.662958%
06/ 29 /98 98,800,000 58,000,000 31,500,000 5.685922%
06/ 30 /98 108,900,000 58,000,000 30,200,000 5.749476%
------------------------------------------------------------
S/T JUN: 2,450,200,000 1,793,600,000 1,992,000,000 5.642105%
SWAPS & FEES
TOT. JUN.: 2,450,200,000 1,793,600,000 1,992,000,000 5.642105%
============================================================
EXHIBIT B
Horizon Loan to PSZT
Interest
Date Rate Principal
---- -------- ---------
4/1/98 N/A 0
4/2/98 N/A 0
4/3/98 N/A 0
4/4/98 N/A 0
4/5/98 N/A 0
4/6/98 N/A 0
4/7/98 N/A 0
4/8/98 N/A 0
4/9/98 N/A 0
4/10/98 N/A 0
4/11/98 N/A 0
4/12/98 N/A 0
4/13/98 N/A 0
4/14/98 N/A 0
4/15/98 N/A 0
4/16/98 N/A 0
4/17/98 N/A 0
4/18/98 N/A 0
4/19/98 N/A 0
4/20/98 N/A 0
4/21/98 N/A 0
4/22/98 N/A 0
4/23/98 N/A 0
4/24/98 N/A 0
4/25/98 N/A 0
4/26/98 N/A 0
4/27/98 N/A 0
4/28/98 N/A 0
4/29/98 N/A 0
4/30/98 N/A 0
5/1/98 N/A 0
5/2/98 N/A 0
5/3/98 N/A 0
5/4/98 N/A 0
5/5/98 N/A 0
5/6/98 N/A 0
5/7/98 N/A 0
5/8/98 N/A 0
5/9/98 N/A 0
5/10/98 N/A 0
5/11/98 N/A 0
5/12/98 N/A 0
5/13/98 N/A 0
5/14/98 N/A 0
5/15/98 N/A 0
5/16/98 N/A 0
5/17/98 N/A 0
5/18/98 N/A 0
5/19/98 N/A 0
5/20/98 N/A 0
5/21/98 N/A 0
5/22/98 N/A 0
5/23/98 N/A 0
5/24/98 N/A 0
5/25/98 N/A 0
5/26/98 7.78% 900,000
5/27/98 7.75% 900,000
5/28/98 7.75% 900,000
5/29/98 7.75% 900,000
5/30/98 7.75% 900,000
5/31/98 7.75% 900,000
6/1/98 7.74% 900,000
6/2/98 7.74% 900,000
6/3/98 7.75% 900,000
6/4/98 7.75% 900,000
6/5/98 7.75% 900,000
6/6/98 7.75% 900,000
6/7/98 7.75% 900,000
6/8/98 7.75% 900,000
6/9/98 7.75% 900,000
6/10/98 7.75% 900,000
6/11/98 7.75% 900,000
6/12/98 7.72% 900,000
6/13/98 7.72% 900,000
6/14/98 7.72% 900,000
6/15/98 7.72% 900,000
6/16/98 7.72% 900,000
6/17/98 7.72% 900,000
6/18/98 7.75% 900,000
6/19/98 7.75% 900,000
6/20/98 7.75% 900,000
6/21/98 7.75% 900,000
6/22/98 7.74% 900,000
6/23/98 7.75% 900,000
6/24/98 7.75% 900,000
6/25/98 7.75% 900,000
6/26/98 7.75% 900,000
6/27/98 7.75% 900,000
6/28/98 7.75% 900,000
6/29/98 7.78% 900,000
6/30/98 7.78% 900,000
EXHIBIT C
Lender - National Fuel Gas Company
- ----------------------------------
Interest Maturity
Borrowing Subsidiary Date Of Loan Principal Rate Date
- -------------------- ------------ --------- -------- --------
Horizon Energy Development 5/26/98 80,000,000 6.39% 5/27/08
Seneca Resources 5/26/98 120,000,000 6.39% 5/27/08
