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 December 31, 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
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 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
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
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: March 1, 1999
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
Pervni Severozapdni Teplarenska, a.s. PSZT
<PAGE>
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL
FISCAL 1999
<CAPTION>
Interest
Date Rate NFGDC Seneca SIP Highland NFGSC Upstate NFR TOTALS
- ---- -------- ----- ------ --- -------- ----- ------- --- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1998
Oct 1 5.89% 48,600,000 248,900,000 5,600,000 2,000,000 8,700,000 1,100,000 2,500,000 317,400,000
" 2 5.80% 49,400,000 248,900,000 5,600,000 2,000,000 8,500,000 1,100,000 2,300,000 317,800,000
" 3 5.80% 49,400,000 248,900,000 5,600,000 2,000,000 8,500,000 1,100,000 2,300,000 317,800,000
" 4 5.80% 49,400,000 248,900,000 5,600,000 2,000,000 8,500,000 1,100,000 2,300,000 317,800,000
" 5 5.70% 49,400,000 252,400,000 5,600,000 2,000,000 9,300,000 1,100,000 1,900,000 321,700,000
" 6 5.70% 47,500,000 253,000,000 5,600,000 2,000,000 10,100,000 1,100,000 700,000 320,000,000
" 7 5.70% 47,100,000 254,700,000 5,600,000 2,000,000 10,600,000 1,100,000 700,000 321,800,000
" 8 5.30% 44,900,000 255,100,000 5,700,000 2,000,000 10,600,000 1,100,000 500,000 319,900,000
" 9 5.50% 43,500,000 255,100,000 5,700,000 2,000,000 10,800,000 1,100,000 500,000 318,700,000
" 10 5.50% 43,500,000 255,100,000 5,700,000 2,000,000 10,800,000 1,100,000 500,000 318,700,000
" 11 5.50% 43,500,000 255,100,000 5,700,000 2,000,000 10,800,000 1,100,000 500,000 318,700,000
" 12 5.50% 43,500,000 255,100,000 5,700,000 2,000,000 10,800,000 1,100,000 500,000 318,700,000
" 13 5.50% 43,500,000 255,100,000 5,700,000 2,000,000 9,300,000 1,100,000 800,000 317,500,000
" 14 5.50% 41,500,000 255,300,000 5,700,000 2,000,000 9,300,000 1,100,000 200,000 315,100,000
" 15 5.50% 49,800,000 257,500,000 5,700,000 2,200,000 16,000,000 1,100,000 1,000,000 333,300,000
" 16 5.47% 52,100,000 257,500,000 5,700,000 2,000,000 17,000,000 1,100,000 1,700,000 337,100,000
" 17 5.47% 52,100,000 257,500,000 5,700,000 2,000,000 17,000,000 1,100,000 1,700,000 337,100,000
" 18 5.47% 52,100,000 257,500,000 5,700,000 2,000,000 17,000,000 1,100,000 1,700,000 337,100,000
" 19 5.42% 54,300,000 258,800,000 5,700,000 2,000,000 17,800,000 1,100,000 1,700,000 341,400,000
" 20 5.43% 54,300,000 257,200,000 5,700,000 2,000,000 18,000,000 1,100,000 1,800,000 340,100,000
" 21 5.43% 53,500,000 257,200,000 5,700,000 2,000,000 18,600,000 1,100,000 1,800,000 339,900,000
" 22 5.40% 53,200,000 257,400,000 5,700,000 2,000,000 18,900,000 1,100,000 2,100,000 340,400,000
" 23 5.40% 55,900,000 257,500,000 5,700,000 2,000,000 19,300,000 1,100,000 2,200,000 343,700,000
" 24 5.40% 55,900,000 257,500,000 5,700,000 2,000,000 19,300,000 1,100,000 2,200,000 343,700,000
" 25 5.40% 55,900,000 257,500,000 5,700,000 2,000,000 19,300,000 1,100,000 2,200,000 343,700,000
" 26 5.40% 70,300,000 254,700,000 5,700,000 2,000,000 11,700,000 1,100,000 4,200,000 349,700,000
" 27 5.40% 68,300,000 254,700,000 5,700,000 2,000,000 10,400,000 1,100,000 4,200,000 346,400,000
" 28 5.40% 66,600,000 253,700,000 5,700,000 2,000,000 10,400,000 1,100,000 3,700,000 343,200,000
" 29 5.40% 64,600,000 252,700,000 5,700,000 2,000,000 11,200,000 1,200,000 3,100,000 340,500,000
" 30 5.40% 69,000,000 253,100,000 5,700,000 2,000,000 12,500,000 1,200,000 3,100,000 346,600,000
" 31 5.40% 69,000,000 253,100,000 5,700,000 2,000,000 12,500,000 1,200,000 3,100,000 346,600,000
------------- ------------- ----------- ---------- ----------- ---------- ---------- --------------
1,641,600,000 6,865,100,000 176,000,000 62,200,000 403,500,000 34,400,000 57,700,000 10,272,100,000
============= ============= =========== ========== =========== ========== ========== ==============
</TABLE>
<PAGE>
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL
FISCAL 1999
<CAPTION>
Interest
Date Rate NFGDC Seneca SIP Highland NFGSC Upstate NFR TOTALS
- ---- -------- ----- ------ --- -------- ----- ------- --- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1998
Nov 1 5.41% 69,000,000 253,100,000 5,700,000 2,000,000 12,500,000 1,200,000 3,100,000 346,600,000
" 2 5.39% 70,700,000 259,900,000 5,700,000 2,000,000 14,500,000 1,200,000 2,500,000 356,500,000
" 3 5.39% 69,600,000 259,900,000 5,700,000 2,000,000 14,600,000 1,200,000 2,300,000 355,300,000
" 4 5.39% 69,200,000 262,400,000 5,700,000 2,000,000 14,900,000 1,200,000 2,300,000 357,700,000
" 5 5.38% 68,100,000 262,400,000 5,700,000 2,000,000 15,100,000 1,200,000 2,100,000 356,600,000
" 6 5.37% 65,600,000 262,700,000 5,700,000 2,000,000 15,400,000 1,200,000 2,000,000 354,600,000
" 7 5.37% 65,600,000 262,700,000 5,700,000 2,000,000 15,400,000 1,200,000 2,000,000 354,600,000
" 8 5.37% 65,600,000 262,700,000 5,700,000 2,000,000 15,400,000 1,200,000 2,000,000 354,600,000
" 9 5.36% 63,000,000 262,700,000 5,700,000 2,000,000 15,500,000 1,200,000 1,700,000 351,800,000
" 10 5.32% 59,400,000 267,200,000 5,700,000 2,000,000 15,300,000 1,200,000 1,300,000 352,100,000
" 11 5.32% 59,400,000 267,200,000 5,700,000 2,000,000 15,300,000 1,200,000 1,300,000 352,100,000
" 12 5.34% 59,100,000 270,200,000 7,500,000 2,000,000 14,100,000 1,200,000 2,100,000 356,200,000
" 13 5.34% 57,600,000 270,200,000 7,500,000 2,000,000 14,700,000 1,200,000 1,500,000 354,700,000
" 14 5.34% 57,600,000 270,200,000 7,500,000 2,000,000 14,700,000 1,200,000 1,500,000 354,700,000
" 15 5.34% 57,600,000 270,200,000 7,500,000 2,000,000 14,700,000 1,200,000 1,500,000 354,700,000
" 16 5.36% 56,500,000 272,100,000 7,500,000 2,000,000 15,000,000 1,200,000 1,500,000 355,800,000
" 17 5.35% 54,500,000 273,000,000 7,500,000 2,000,000 15,000,000 1,200,000 1,100,000 354,300,000
" 18 5.34% 52,500,000 273,000,000 7,500,000 2,000,000 15,400,000 1,200,000 1,100,000 352,700,000
" 19 5.23% 50,100,000 273,000,000 7,500,000 2,000,000 69,700,000 1,200,000 1,400,000 404,900,000
" 20 5.25% 50,700,000 269,900,000 7,500,000 2,000,000 69,900,000 1,200,000 2,000,000 403,200,000
" 21 5.25% 50,700,000 269,900,000 7,500,000 2,000,000 69,900,000 1,200,000 2,000,000 403,200,000
" 22 5.25% 50,700,000 269,900,000 7,500,000 2,000,000 69,900,000 1,200,000 2,000,000 403,200,000
" 23 5.24% 52,100,000 270,400,000 7,500,000 2,000,000 70,200,000 1,400,000 1,900,000 405,500,000
" 24 5.28% 53,800,000 271,100,000 7,500,000 2,000,000 70,200,000 1,400,000 1,200,000 407,200,000
" 25 5.31% 75,300,000 264,800,000 7,500,000 2,000,000 63,900,000 1,700,000 4,300,000 419,500,000
" 26 5.31% 75,300,000 264,800,000 7,500,000 2,000,000 63,900,000 1,700,000 4,300,000 419,500,000
" 27 5.31% 71,500,000 264,800,000 7,500,000 2,000,000 63,100,000 1,700,000 4,300,000 414,900,000
" 28 5.31% 71,500,000 264,800,000 7,500,000 2,000,000 63,100,000 1,700,000 4,300,000 414,900,000
" 29 5.31% 71,500,000 264,800,000 7,500,000 2,000,000 63,100,000 1,700,000 4,300,000 414,900,000
" 30 5.33% 77,500,000 271,200,000 7,500,000 2,000,000 61,500,000 1,700,000 3,800,000 425,200,000
------------- ------------- ----------- ---------- ------------- ---------- ---------- --------------
1,871,300,000 7,705,100,000 205,200,000 60,000,000 1,065,900,000 39,400,000 68,700,000 11,311,700,000
============= ============= =========== ========== ============= ========== ========== ==============
</TABLE>
<PAGE>
<TABLE>
MONEY POOL
SUBSIDIARY BORROWING FROM MONEY POOL
FISCAL 1999
<CAPTION>
Interest
Date Rate NFGDC Seneca SIP Highland NFGSC Upstate NFR TOTALS
- ---- -------- ----- ------ --- -------- ----- ------- --- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1998
Dec 1 5.32% 71,800,000 271,400,000 7,500,000 2,000,000 60,500,000 1,700,000 3,300,000 418,200,000
" 2 5.30% 69,500,000 274,000,000 7,500,000 2,000,000 60,500,000 1,700,000 5,900,000 421,100,000
" 3 5.28% 67,300,000 275,100,000 7,500,000 2,000,000 60,600,000 1,700,000 5,800,000 420,000,000
" 4 5.29% 66,000,000 275,400,000 7,500,000 2,000,000 60,800,000 1,700,000 5,800,000 419,200,000
" 5 5.29% 66,000,000 275,400,000 7,500,000 2,000,000 60,800,000 1,700,000 5,800,000 419,200,000
" 6 5.29% 66,000,000 275,400,000 7,500,000 2,000,000 60,800,000 1,700,000 5,800,000 419,200,000
" 7 5.31% 65,100,000 277,000,000 7,500,000 2,000,000 61,400,000 1,700,000 5,800,000 420,500,000
" 8 5.30% 62,500,000 277,600,000 7,500,000 2,000,000 61,400,000 1,700,000 5,800,000 418,500,000
" 9 5.31% 60,000,000 277,600,000 7,500,000 2,000,000 61,700,000 1,700,000 5,600,000 416,100,000
" 10 5.35% 60,400,000 278,500,000 7,500,000 2,000,000 61,500,000 1,700,000 5,300,000 416,900,000
" 11 5.37% 59,200,000 278,500,000 7,500,000 2,000,000 60,400,000 1,700,000 5,700,000 415,000,000
" 12 5.37% 59,200,000 278,500,000 7,500,000 2,000,000 60,400,000 1,700,000 5,700,000 415,000,000
" 13 5.37% 59,200,000 278,500,000 7,500,000 2,000,000 60,400,000 1,700,000 5,700,000 415,000,000
" 14 5.39% 58,200,000 279,000,000 7,500,000 2,000,000 60,700,000 1,700,000 5,400,000 414,500,000
" 15 5.39% 57,100,000 279,900,000 7,500,000 2,000,000 62,600,000 1,700,000 4,900,000 415,700,000
" 16 5.38% 55,100,000 280,200,000 7,500,000 2,000,000 62,800,000 1,700,000 4,700,000 414,000,000
" 17 5.38% 53,500,000 280,700,000 7,500,000 2,000,000 62,900,000 1,700,000 4,500,000 412,800,000
" 18 5.40% 57,700,000 279,900,000 7,500,000 2,000,000 63,200,000 1,700,000 4,500,000 416,500,000
" 19 5.40% 57,700,000 279,900,000 7,500,000 2,000,000 63,200,000 1,700,000 4,500,000 416,500,000
" 20 5.40% 57,700,000 279,900,000 7,500,000 2,000,000 63,200,000 1,700,000 4,500,000 416,500,000
" 21 5.43% 58,800,000 279,700,000 7,500,000 2,000,000 63,500,000 1,700,000 4,700,000 417,900,000
" 22 5.43% 60,600,000 279,300,000 7,500,000 2,000,000 63,800,000 1,700,000 4,600,000 419,500,000
" 23 5.43% 58,200,000 279,300,000 7,500,000 2,000,000 64,100,000 1,700,000 4,900,000 417,700,000
" 24 5.43% 57,700,000 277,300,000 7,500,000 2,000,000 63,300,000 2,000,000 4,400,000 414,200,000
" 25 5.43% 57,700,000 277,300,000 7,500,000 2,000,000 63,300,000 2,000,000 4,400,000 414,200,000
" 26 5.43% 57,700,000 277,300,000 7,500,000 2,000,000 63,300,000 2,000,000 4,400,000 414,200,000
" 27 5.43% 57,700,000 277,300,000 7,500,000 2,000,000 63,300,000 2,000,000 4,400,000 414,200,000
" 28 5.51% 86,600,000 277,300,000 7,500,000 2,000,000 55,800,000 2,000,000 8,300,000 439,500,000
" 29 5.53% 84,500,000 277,300,000 7,500,000 2,000,000 57,000,000 2,000,000 9,100,000 439,400,000
" 30 5.53% 84,500,000 277,300,000 7,500,000 2,000,000 57,000,000 2,000,000 9,000,000 439,300,000
" 31 5.54% 80,700,000 280,600,000 7,500,000 2,000,000 58,300,000 2,000,000 9,700,000 440,800,000
------------- ------------- ----------- ---------- ------------- ---------- ----------- --------------
1,973,900,000 5,517,800,000 232,500,000 62,000,000 1,902,500,000 55,100,000 172,900,000 13,011,300,000
============= ============= =========== ========== ============= ========== =========== ==============
</TABLE>
<PAGE>
SUBSIDIARY LENDING TO MONEY POOL
--------------------------------
Interest NFG Data
Date Rate Company Track UCI Leidy Seneca Horizon
- ---- -------- ------- ----- --- ----- ------ -------
10/01/98 5.89% 11,600,000 700,000 500,000 700,000 11,800,000 2,500,000
10/02/98 5.80% 11,600,000 700,000 500,000 700,000 11,800,000 2,500,000
10/03/98 5.80% 11,600,000 700,000 500,000 700,000 11,800,000 2,500,000
10/04/98 5.80% 11,600,000 700,000 500,000 700,000 11,800,000 2,500,000
10/05/98 5.70% 11,500,000 700,000 500,000 700,000 11,800,000 2,500,000
10/06/98 5.70% 12,600,000 700,000 500,000 700,000 11,800,000 2,300,000
10/07/98 5.70% 12,800,000 700,000 500,000 700,000 11,800,000 2,200,000
10/08/98 5.30% 12,300,000 700,000 500,000 700,000 11,800,000 700,000
10/09/98 5.50% 12,700,000 700,000 500,000 700,000 11,800,000 700,000
10/10/98 5.50% 12,700,000 700,000 500,000 700,000 11,800,000 700,000
10/11/98 5.50% 12,700,000 700,000 500,000 700,000 11,800,000 700,000
10/12/98 5.50% 12,700,000 700,000 500,000 700,000 11,800,000 700,000
10/13/98 5.50% 12,600,000 700,000 500,000 700,000 11,800,000 400,000
10/14/98 5.50% 12,600,000 700,000 500,000 700,000 11,800,000 400,000
10/15/98 5.50% 12,600,000 700,000 400,000 700,000 12,600,000 400,000
10/16/98 5.47% 12,600,000 700,000 400,000 700,000 12,600,000 400,000
10/17/98 5.47% 12,600,000 700,000 400,000 700,000 12,600,000 400,000
10/18/98 5.47% 12,600,000 700,000 400,000 700,000 12,600,000 400,000
10/19/98 5.42% 14,100,000 700,000 400,000 700,000 12,600,000 400,000
10/20/98 5.43% 14,100,000 700,000 400,000 700,000 12,600,000 400,000
10/21/98 5.43% 14,100,000 700,000 400,000 700,000 12,600,000 400,000
10/22/98 5.40% 14,000,000 700,000 400,000 700,000 12,600,000 400,000
10/23/98 5.40% 13,900,000 700,000 400,000 700,000 12,600,000 400,000
10/24/98 5.40% 13,900,000 700,000 400,000 700,000 12,600,000 400,000
10/25/98 5.40% 13,900,000 700,000 400,000 700,000 12,600,000 400,000
10/26/98 5.40% 13,800,000 700,000 400,000 700,000 12,500,000 400,000
10/27/98 5.40% 13,800,000 700,000 400,000 700,000 12,500,000 400,000
10/28/98 5.40% 13,600,000 700,000 400,000 700,000 12,500,000 400,000
10/29/98 5.40% 13,500,000 700,000 400,000 700,000 12,500,000 400,000
10/30/98 5.40% 13,000,000 700,000 400,000 700,000 12,500,000 300,000
10/31/98 5.40% 13,000,000 700,000 400,000 700,000 12,500,000 300,000
11/01/98 5.41% 13,000,000 700,000 400,000 700,000 12,500,000 300,000
11/02/98 5.39% 15,100,000 700,000 400,000 700,000 12,500,000 1,000,000
11/03/98 5.39% 15,100,000 700,000 400,000 700,000 12,500,000 1,000,000
11/04/98 5.39% 15,100,000 700,000 400,000 700,000 12,500,000 400,000
11/05/98 5.38% 15,100,000 700,000 400,000 700,000 12,500,000 400,000
11/06/98 5.37% 8,400,000 700,000 400,000 700,000 12,500,000 400,000
11/07/98 5.37% 8,400,000 700,000 400,000 700,000 12,500,000 400,000
11/08/98 5.37% 8,400,000 700,000 400,000 700,000 12,500,000 400,000
11/09/98 5.36% 8,300,000 700,000 400,000 700,000 12,500,000 200,000
11/10/98 5.32% 8,300,000 700,000 400,000 700,000 12,500,000 200,000
11/11/98 5.32% 8,300,000 700,000 400,000 700,000 12,500,000 200,000
11/12/98 5.34% 8,200,000 700,000 400,000 700,000 13,300,000 200,000
11/13/98 5.34% 7,800,000 700,000 400,000 700,000 13,300,000 200,000
11/14/98 5.34% 7,800,000 700,000 400,000 700,000 13,300,000 200,000
11/15/98 5.34% 7,800,000 700,000 400,000 700,000 13,300,000 200,000
11/16/98 5.36% 8,300,000 700,000 400,000 700,000 13,300,000 200,000
11/17/98 5.35% 8,300,000 700,000 400,000 700,000 13,300,000 200,000
11/18/98 5.34% 8,300,000 700,000 400,000 700,000 13,300,000 200,000
11/19/98 5.23% 43,100,000 700,000 400,000 700,000 13,300,000 200,000
11/20/98 5.25% 43,300,000 700,000 400,000 700,000 13,300,000 200,000
11/21/98 5.25% 43,300,000 700,000 400,000 700,000 13,300,000 200,000
11/22/98 5.25% 43,300,000 700,000 400,000 700,000 13,300,000 200,000
11/23/98 5.24% 42,700,000 700,000 400,000 700,000 13,200,000 200,000
11/24/98 5.28% 42,300,000 700,000 400,000 700,000 13,200,000 200,000
11/25/98 5.31% 42,300,000 700,000 400,000 700,000 13,200,000 200,000
11/26/98 5.31% 42,300,000 700,000 400,000 700,000 13,200,000 200,000
11/27/98 5.31% 42,700,000 700,000 400,000 700,000 13,200,000 200,000
11/28/98 5.31% 42,700,000 700,000 400,000 700,000 13,200,000 200,000
11/29/98 5.31% 42,700,000 700,000 400,000 700,000 13,200,000 200,000
11/30/98 5.33% 42,500,000 700,000 400,000 700,000 13,200,000 200,000
12/01/98 5.32% 42,200,000 700,000 400,000 700,000 13,200,000 200,000
12/02/98 5.30% 42,000,000 700,000 400,000 700,000 13,200,000 200,000
12/03/98 5.28% 41,700,000 700,000 400,000 700,000 13,200,000 200,000
12/04/98 5.29% 43,400,000 700,000 400,000 700,000 13,200,000 200,000
12/05/98 5.29% 43,400,000 700,000 400,000 700,000 13,200,000 200,000
12/06/98 5.29% 43,400,000 700,000 400,000 700,000 13,200,000 200,000
12/07/98 5.31% 43,100,000 700,000 400,000 700,000 13,200,000 200,000
12/08/98 5.30% 43,200,000 700,000 400,000 700,000 13,200,000 200,000
12/09/98 5.31% 42,900,000 700,000 400,000 700,000 13,200,000 200,000
12/10/98 5.35% 42,900,000 700,000 400,000 700,000 13,200,000 100,000
12/11/98 5.37% 42,900,000 700,000 400,000 700,000 14,000,000 100,000
12/12/98 5.37% 42,900,000 700,000 400,000 700,000 14,000,000 100,000
12/13/98 5.37% 42,900,000 700,000 400,000 700,000 14,000,000 100,000
12/14/98 5.39% 42,500,000 700,000 400,000 700,000 14,000,000 100,000
12/15/98 5.39% 42,500,000 700,000 400,000 700,000 14,000,000 100,000
12/16/98 5.38% 43,000,000 700,000 400,000 700,000 14,000,000 300,000
12/17/98 5.38% 43,000,000 700,000 400,000 700,000 14,100,000 300,000
12/18/98 5.40% 43,000,000 700,000 400,000 700,000 14,100,000 300,000
12/19/98 5.40% 43,000,000 700,000 400,000 700,000 14,100,000 300,000
12/20/98 5.40% 43,000,000 700,000 400,000 700,000 14,100,000 300,000
12/21/98 5.43% 42,800,000 700,000 400,000 700,000 14,100,000 300,000
12/22/98 5.43% 42,800,000 700,000 400,000 700,000 14,000,000 300,000
12/23/98 5.43% 42,500,000 700,000 400,000 700,000 14,000,000 300,000
12/24/98 5.43% 43,700,000 700,000 400,000 700,000 14,000,000 300,000
12/25/98 5.43% 43,700,000 700,000 400,000 700,000 14,000,000 300,000
12/26/98 5.43% 43,700,000 700,000 400,000 700,000 14,000,000 300,000
12/27/98 5.43% 43,700,000 700,000 400,000 700,000 14,000,000 300,000
12/28/98 5.51% 43,600,000 700,000 400,000 700,000 14,000,000 300,000
12/29/98 5.53% 43,600,000 700,000 400,000 700,000 14,000,000 300,000
12/30/98 5.53% 43,600,000 700,000 400,000 700,000 14,000,000 300,000
12/31/98 5.54% 43,600,000 700,000 400,000 700,000 13,900,000 300,000
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1999
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ---------- ---------------- ------------- -------------
10 / 1 /98 188,100,000 101,500,000 27,800,000 5.588677%
10 / 2 /98 188,500,000 101,500,000 27,800,000 5.840470%
10 / 3 /98 188,500,000 101,500,000 27,800,000 5.840470%
10 / 4 /98 188,500,000 101,500,000 27,800,000 5.840470%
10 / 5 /98 192,500,000 101,500,000 27,700,000 5.695450%
10 / 6 /98 189,900,000 101,500,000 28,600,000 5.569885%
10 / 7 /98 191,600,000 101,500,000 28,700,000 5.567269%
10 / 8 /98 181,700,000 111,500,000 26,700,000 5.525525%
10 / 9 /98 180,100,000 111,500,000 27,100,000 5.499814%
10 /10 /98 180,100,000 111,500,000 27,100,000 5.499814%
10 /11 /98 180,100,000 111,500,000 27,100,000 5.499814%
10 /12 /98 180,100,000 111,500,000 27,100,000 5.998140%
10 /13 /98 171,000,000 119,800,000 26,700,000 5.499818%
10 /14 /98 171,000,000 117,400,000 26,700,000 5.500960%
10 /15 /98 194,400,000 111,500,000 27,400,000 5.501087%
10 /16 /98 198,200,000 111,500,000 27,600,000 5.469731%
10 /17 /98 198,200,000 111,500,000 27,600,000 5.469731%
10 /18 /98 198,200,000 111,500,000 27,400,000 5.469731%
10 /19 /98 201,000,000 111,500,000 28,900,000 5.416063%
10 /20 /98 199,700,000 111,500,000 28,900,000 5.426470%
10 /21 /98 199,500,000 111,500,000 28,900,000 5.433753%
10 /22 /98 210,100,000 101,500,000 28,800,000 5.390078%
10 /23 /98 223,100,000 91,900,000 28,700,000 5.369650%
10 /24 /98 223,100,000 91,900,000 28,700,000 3.696500%
10 /25 /98 223,100,000 91,900,000 28,700,000 5.369650%
10 /26 /98 209,300,000 111,900,000 28,500,000 5.377947%
10 /27 /98 206,000,000 111,900,000 28,500,000 5.393994%
10 /28 /98 193,000,000 121,900,000 28,300,000 5.400769%
10 /29 /98 190,400,000 121,900,000 28,200,000 5.399778%
10 /30 /98 197,100,000 121,900,000 27,600,000 5.410822%
10 /31 /98 197,100,000 121,900,000 27,600,000 5.410822%
------------------------------------------------------------
S/T PR.:Oct $6,033,200,000 $3,374,300,000 $865,000,000 5.470325%
Swaps & Fees
Total Oct: 6,033,200,000 3,374,300,000 865,000,000 5.470325%
============================================================
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1999
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ---------- ---------------- ------------- -------------
11/ 1 /98 197,100,000 121,900,000 27,600,000 5.410822%
11/ 2 /98 204,200,000 121,900,000 30,400,000 5.392097%
11/ 3 /98 203,000,000 121,900,000 30,400,000 5.390922%
11/ 4 /98 206,000,000 121,900,000 29,800,000 5.391420%
11/ 5 /98 204,900,000 121,900,000 29,800,000 5.376028%
11/ 6 /98 201,600,000 129,900,000 23,100,000 5.368310%
11/ 7 /98 201,600,000 129,900,000 23,100,000 5.368310%
11/ 8 /98 201,600,000 129,900,000 23,100,000 5.368310%
11/ 9 /98 199,100,000 129,900,000 22,800,000 5.361947%
11/ 10 /98 199,400,000 129,900,000 22,800,000 5.322896%
11/ 11 /98 199,400,000 129,900,000 22,800,000 5.322896%
11/ 12 /98 202,800,000 129,900,000 23,500,000 5.339735%
11/ 13 /98 201,700,000 129,900,000 23,100,000 5.336605%
11/ 14 /98 201,700,000 129,900,000 23,100,000 5.336605%
11/ 15 /98 201,700,000 129,900,000 23,100,000 5.336605%
11/ 16 /98 202,300,000 129,900,000 23,600,000 5.356088%
11/ 17 /98 200,800,000 129,900,000 23,600,000 5.346176%
11/ 18 /98 199,200,000 129,900,000 23,600,000 5.335872%
11/ 19 /98 197,600,000 148,900,000 58,400,000 5.228113%
11/ 20 /98 195,700,000 148,900,000 58,600,000 5.245960%
11/ 21 /98 195,700,000 148,900,000 58,600,000 5.245960%
11/ 22 /98 195,700,000 148,900,000 58,600,000 5.245960%
11/ 23 /98 198,700,000 148,900,000 57,900,000 5.241718%
11/ 24 /98 200,800,000 148,900,000 57,500,000 5.280745%
11/ 25 /98 227,000,000 135,000,000 57,500,000 5.309437%
11/ 26 /98 227,000,000 135,000,000 57,500,000 5.309437%
11/ 27 /98 222,000,000 135,000,000 57,900,000 5.312685%
11/ 28 /98 222,000,000 135,000,000 57,900,000 5.312685%
11/ 29 /98 222,000,000 135,000,000 57,900,000 5.312685%
11/ 30 /98 232,500,000 135,000,000 57,700,000 5.329550%
---------------------------------------------------------
S/T NOV: 6,164,800,000 4,001,600,000 1,145,300,000 5.325314%
SWAPS & FEES
TOT. NOV: 6,164,800,000 4,001,600,000 1,145,300,000 5.325314%
=========================================================
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1999
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ---------- ---------------- ------------- -------------
12/ 1 /98 418,200,000 150,000,000 57,400,000 5.317963%
12/ 2 /98 421,100,000 150,000,000 57,200,000 5.297931%
12/ 3 /98 420,000,000 150,000,000 56,900,000 5.283770%
12/ 4 /98 419,200,000 149,700,000 58,600,000 5.287789%
12/ 5 /98 419,200,000 149,700,000 58,600,000 5.287789%
12/ 6 /98 419,200,000 149,700,000 58,600,000 5.287789%
12/ 7 /98 420,500,000 130,000,000 58,300,000 5.306767%
12/ 8 /98 418,500,000 150,000,000 58,400,000 5.299217%
12/ 9 /98 416,100,000 150,000,000 58,100,000 5.307146%
12/ 10 /98 416,900,000 150,000,000 58,000,000 5.353832%
12/ 11 /98 415,000,000 150,000,000 58,800,000 5.369997%
12/ 12 /98 415,000,000 150,000,000 58,800,000 5.369997%
12/ 13 /98 415,000,000 150,000,000 58,800,000 5.369997%
12/ 14 /98 414,500,000 150,000,000 58,400,000 5.389890%
12/ 15 /98 415,700,000 150,000,000 58,400,000 5.390063%
12/ 16 /98 414,000,000 150,000,000 59,100,000 5.383263%
12/ 17 /98 412,800,000 150,000,000 59,200,000 5.380487%
12/ 18 /98 416,500,000 150,000,000 59,200,000 5.397057%
12/ 19 /98 416,500,000 150,000,000 59,200,000 5.397057%
12/ 20 /98 416,500,000 150,000,000 59,200,000 5.397057%
12/ 21 /98 417,900,000 150,000,000 59,000,000 5.434122%
12/ 22 /98 419,500,000 150,000,000 58,900,000 5.433335%
12/ 23 /98 417,700,000 150,000,000 58,600,000 5.427244%
12/ 24 /98 414,200,000 150,000,000 59,800,000 5.431147%
12/ 25 /98 414,200,000 150,000,000 59,800,000 5.431147%
12/ 26 /98 414,200,000 150,000,000 59,800,000 5.431147%
12/ 27 /98 414,200,000 150,000,000 59,800,000 5.431147%
12/ 28 /98 439,500,000 150,000,000 59,700,000 5.513456%
12/ 29 /98 439,400,000 150,000,000 59,700,000 5.528043%
12/ 30 /98 439,300,000 150,000,000 59,700,000 5.533796%
12/ 31 /98 440,800,000 150,000,000 59,600,000 5.539021%
----------------------------------------------------------
S/T Dec: 13,011,300,000 4,629,100,000 1,823,600,000 5.388209%
SWAPS & FEES
TOT. Dec: 13,011,300,000 4,629,100,000 1,823,600,000 5.388209%
==========================================================
Exhibit B
Horizon Loan to PSZT
Interest
Date Rate Principal
---- -------- ---------
10/01/1998 7.21% 2,500,000
10/02/1998 7.13% 2,500,000
10/03/1998 7.13% 2,500,000
10/04/1998 7.13% 2,500,000
10/05/1998 7.13% 2,500,000
10/06/1998 7.14% 2,500,000
10/07/1998 7.19% 2,600,000
10/08/1998 7.16% 4,100,000
10/09/1998 7.15% 4,100,000
10/10/1998 7.15% 4,100,000
10/11/1998 7.15% 4,100,000
10/12/1998 7.16% 4,100,000
10/13/1998 7.16% 4,100,000
10/14/1998 7.16% 4,100,000
10/15/1998 7.16% 4,100,000
10/16/1998 6.94% 4,100,000
10/17/1998 6.94% 4,100,000
10/18/1998 6.94% 4,100,000
10/19/1998 6.94% 4,100,000
10/20/1998 6.94% 4,100,000
10/21/1998 6.95% 4,100,000
10/22/1998 6.96% 4,100,000
10/23/1998 6.97% 4,100,000
10/24/1998 6.97% 4,100,000
10/25/1998 6.97% 4,100,000
10/26/1998 6.97% 4,100,000
10/27/1998 6.99% 4,100,000
10/28/1998 6.97% 4,100,000
10/29/1998 6.97% 4,100,000
10/30/1998 6.98% 4,100,000
10/31/1998 6.98% 4,100,000
11/01/1998 6.98% 4,100,000
11/02/1998 7.06% 4,100,000
11/03/1998 7.11% 4,100,000
11/04/1998 7.13% 4,100,000
11/05/1998 7.19% 4,100,000
11/06/1998 7.19% 4,100,000
11/07/1998 7.19% 4,100,000
11/08/1998 7.19% 4,100,000
11/09/1998 7.23% 4,100,000
11/10/1998 7.19% 4,100,000
11/11/1998 7.19% 4,100,000
11/12/1998 7.20% 4,100,000
11/13/1998 7.19% 4,100,000
11/14/1998 7.19% 4,100,000
11/15/1998 7.19% 4,100,000
11/16/1998 7.21% 4,100,000
11/17/1998 7.19% 4,100,000
11/18/1998 7.06% 4,100,000
11/19/1998 7.09% 4,100,000
11/20/1998 7.12% 4,100,000
11/21/1998 7.12% 4,100,000
11/22/1998 7.12% 4,100,000
11/23/1998 7.12% 6,200,000
11/24/1998 7.13% 6,200,000
11/25/1998 7.13% 6,200,000
11/26/1998 7.13% 6,200,000
11/27/1998 7.15% 6,200,000
11/28/1998 7.15% 6,200,000
11/29/1998 7.15% 6,200,000
11/30/1998 7.15% 6,200,000
12/01/1998 7.15% 6,200,000
12/02/1998 7.13% 6,200,000
12/03/1998 7.10% 6,200,000
12/04/1998 7.08% 6,200,000
12/05/1998 7.08% 6,200,000
12/06/1998 7.08% 6,200,000
12/07/1998 7.10% 6,200,000
12/08/1998 7.12% 6,200,000
12/09/1998 7.09% 6,200,000
12/10/1998 7.07% 6,200,000
12/11/1998 7.04% 6,200,000
12/12/1998 7.04% 6,200,000
12/13/1998 7.04% 6,200,000
12/14/1998 7.06% 6,200,000
12/15/1998 7.06% 6,200,000
12/16/1998 7.06% 9,500,000
12/17/1998 7.06% 9,500,000
12/18/1998 7.06% 9,500,000
12/19/1998 7.06% 9,500,000
12/20/1998 7.06% 9,500,000
12/21/1998 7.06% 9,500,000
12/22/1998 7.11% 9,500,000
12/23/1998 7.12% 9,500,000
12/24/1998 7.16% 9,500,000
12/25/1998 7.16% 9,500,000
12/26/1998 7.16% 9,500,000
12/27/1998 7.16% 9,500,000
12/28/1998 7.16% 9,500,000
12/29/1998 7.16% 9,500,000
12/30/1998 7.08% 9,500,000
12/31/1998 7.07% 9,500,000
