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 March 31, 1999, 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:
Security 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;
Security 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/ James A. Beck
-------------------------------------
James A. Beck
President
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/ Walter E. DeForest
-------------------------------------
Walter E. DeForest
President
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: May 21, 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>
1999
Jan 1 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
" 2 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
" 3 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
" 4 5.46% 76,300,000 282,600,000 7,500,000 2,000,000 57,900,000 2,000,000 9,400,000 437,700,000
" 5 5.44% 75,500,000 283,600,000 7,500,000 2,000,000 57,900,000 2,000,000 9,400,000 437,900,000
" 6 5.39% 73,500,000 283,600,000 7,500,000 2,000,000 58,100,000 2,000,000 9,800,000 436,500,000
" 7 5.39% 67,500,000 283,600,000 7,500,000 2,000,000 57,300,000 2,000,000 8,800,000 428,700,000
" 8 5.37% 63,700,000 284,700,000 7,600,000 2,000,000 57,600,000 2,000,000 8,800,000 426,400,000
" 9 5.37% 63,700,000 284,700,000 7,600,000 2,000,000 57,600,000 2,000,000 8,800,000 426,400,000
" 10 5.37% 63,700,000 284,700,000 7,600,000 2,000,000 57,600,000 2,000,000 8,800,000 426,400,000
" 11 5.36% 60,600,000 284,700,000 7,600,000 2,000,000 57,700,000 2,000,000 8,500,000 423,100,000
" 12 5.36% 52,300,000 285,800,000 7,600,000 2,000,000 55,800,000 2,000,000 8,400,000 413,900,000
" 13 5.37% 49,000,000 286,400,000 7,600,000 2,000,000 56,100,000 2,000,000 8,100,000 411,200,000
" 14 5.36% 46,900,000 287,000,000 7,600,000 2,000,000 56,100,000 2,000,000 8,700,000 410,300,000
" 15 5.34% 54,200,000 293,000,000 7,600,000 2,200,000 63,800,000 1,300,000 8,600,000 430,700,000
" 16 5.34% 54,200,000 293,000,000 7,600,000 2,200,000 63,800,000 1,300,000 8,600,000 430,700,000
" 17 5.34% 54,200,000 293,000,000 7,600,000 2,200,000 63,800,000 1,300,000 8,600,000 430,700,000
" 18 5.34% 54,200,000 293,000,000 7,600,000 2,200,000 63,800,000 1,300,000 8,600,000 430,700,000
" 19 5.26% 53,200,000 291,200,000 7,600,000 2,000,000 67,300,000 1,300,000 8,400,000 431,000,000
" 20 5.25% 50,800,000 289,000,000 7,600,000 2,000,000 67,700,000 1,300,000 8,200,000 426,600,000
" 21 5.25% 48,300,000 288,700,000 7,600,000 2,000,000 67,800,000 1,300,000 8,200,000 423,900,000
" 22 5.22% 46,800,000 288,700,000 7,600,000 2,000,000 68,100,000 1,300,000 8,100,000 422,600,000
" 23 5.22% 46,800,000 288,700,000 7,600,000 2,000,000 68,100,000 1,300,000 8,100,000 422,600,000
" 24 5.22% 46,800,000 288,700,000 7,600,000 2,000,000 68,100,000 1,300,000 8,100,000 422,600,000
" 25 5.22% 74,600,000 285,600,000 7,600,000 2,000,000 59,100,000 1,300,000 9,400,000 439,600,000
" 26 5.23% 69,100,000 285,600,000 7,600,000 2,000,000 58,400,000 1,300,000 13,200,000 437,200,000
" 27 5.22% 66,900,000 286,000,000 7,600,000 2,000,000 57,900,000 1,400,000 13,100,000 434,900,000
" 28 5.20% 64,500,000 286,500,000 7,600,000 2,000,000 57,300,000 1,400,000 14,000,000 433,300,000
" 29 5.20% 68,900,000 288,100,000 7,600,000 2,000,000 60,200,000 1,400,000 13,200,000 441,400,000
" 30 5.20% 68,900,000 288,100,000 7,600,000 2,000,000 60,200,000 1,400,000 13,200,000 441,400,000
" 31 5.20% 68,900,000 288,100,000 7,600,000 2,000,000 60,200,000 1,400,000 13,200,000 441,400,000
-------------------------------------------------------------------------------------------------------------
1,926,100,000 8,888,200,000 234,900,000 62,800,000 1,880,200,000 50,600,000 299,400,000 13,342,200,000
=============================================================================================================
</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>
1999
Feb 1 5.18% 70,700,000 291,300,000 7,600,000 2,000,000 63,300,000 1,400,000 12,200,000 448,500,000
" 2 5.18% 63,600,000 291,300,000 7,600,000 2,000,000 59,600,000 1,400,000 11,700,000 437,200,000
" 3 5.17% 56,600,000 293,000,000 7,600,000 2,000,000 59,700,000 1,400,000 11,500,000 431,800,000
" 4 5.17% 52,200,000 293,500,000 7,600,000 2,000,000 59,800,000 1,400,000 11,300,000 427,800,000
" 5 5.16% 47,900,000 294,400,000 7,600,000 2,000,000 61,100,000 1,400,000 10,600,000 425,000,000
" 6 5.16% 47,900,000 294,400,000 7,600,000 2,000,000 61,100,000 1,400,000 10,600,000 425,000,000
" 7 5.16% 47,900,000 294,400,000 7,600,000 2,000,000 61,100,000 1,400,000 10,600,000 425,000,000
" 8 5.14% 42,900,000 295,400,000 7,600,000 4,000,000 61,300,000 1,400,000 10,200,000 422,800,000
" 9 5.14% 39,700,000 295,200,000 7,600,000 4,000,000 61,700,000 1,400,000 9,400,000 419,000,000
" 10 5.14% 35,200,000 295,700,000 7,600,000 4,000,000 61,600,000 1,400,000 8,800,000 414,300,000
" 11 5.11% 34,200,000 297,100,000 9,400,000 4,000,000 60,600,000 1,400,000 8,500,000 415,200,000
" 12 5.09% 33,500,000 297,400,000 9,400,000 4,000,000 60,900,000 1,400,000 9,200,000 415,800,000
" 13 5.09% 33,500,000 297,400,000 9,400,000 4,000,000 60,900,000 1,400,000 9,200,000 415,800,000
" 14 5.09% 33,500,000 297,400,000 9,400,000 4,000,000 60,900,000 1,400,000 9,200,000 415,800,000
" 15 5.09% 33,500,000 297,400,000 9,400,000 4,000,000 60,900,000 1,400,000 9,200,000 415,800,000
" 16 5.09% 29,900,000 298,200,000 9,400,000 4,000,000 61,100,000 1,400,000 9,000,000 413,000,000
" 17 5.04% 21,000,000 298,200,000 9,400,000 3,000,000 61,200,000 1,400,000 8,200,000 402,400,000
" 18 5.03% 16,700,000 298,400,000 9,400,000 3,000,000 61,500,000 1,400,000 8,100,000 398,500,000
" 19 5.03% 12,500,000 296,400,000 9,400,000 2,300,000 62,000,000 1,400,000 7,500,000 391,500,000
" 20 5.03% 12,500,000 296,400,000 9,400,000 2,300,000 62,000,000 1,400,000 7,500,000 391,500,000
" 21 5.03% 12,500,000 296,400,000 9,400,000 2,300,000 62,000,000 1,400,000 7,500,000 391,500,000
" 22 5.03% 14,500,000 295,500,000 9,400,000 2,300,000 62,400,000 1,100,000 7,500,000 392,700,000
" 23 5.03% 10,300,000 299,000,000 9,400,000 2,300,000 62,000,000 1,100,000 7,000,000 391,100,000
" 24 5.03% 6,200,000 299,000,000 9,400,000 2,300,000 62,200,000 1,100,000 6,900,000 387,100,000
" 25 5.03% 34,100,000 296,200,000 9,400,000 2,300,000 53,700,000 900,000 13,000,000 409,600,000
" 26 5.00% 31,900,000 295,000,000 9,400,000 2,800,000 54,000,000 900,000 12,600,000 406,600,000
" 27 5.00% 31,900,000 295,000,000 9,400,000 2,800,000 54,000,000 900,000 12,600,000 406,600,000
" 28 5.00% 31,900,000 295,000,000 9,400,000 2,800,000 54,000,000 900,000 12,600,000 406,600,000
-----------------------------------------------------------------------------------------------------------
938,700,000 8,284,000,000 245,200,000 80,500,000 1,686,600,000 36,300,000 272,200,000 11,543,500,000
===========================================================================================================
</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>
1999
Mar 1 5.02% 76,800,000 247,000,000 9,400,000 2,800,000 52,100,000 900,000 12,400,000 401,400,000
" 2 5.00% 70,900,000 247,000,000 9,400,000 2,400,000 52,300,000 900,000 12,200,000 395,100,000
" 3 5.00% 66,600,000 248,100,000 9,400,000 2,400,000 52,300,000 900,000 11,500,000 391,200,000
" 4 5.00% 61,100,000 248,100,000 9,400,000 2,400,000 52,400,000 900,000 11,300,000 385,600,000
" 5 4.97% 56,800,000 248,100,000 9,400,000 2,400,000 52,800,000 900,000 11,100,000 381,500,000
" 6 4.97% 56,800,000 248,100,000 9,400,000 2,400,000 52,800,000 900,000 11,100,000 381,500,000
" 7 4.97% 56,800,000 248,100,000 9,400,000 2,400,000 52,800,000 900,000 11,100,000 381,500,000
" 8 4.96% 52,900,000 248,100,000 9,500,000 2,400,000 53,000,000 900,000 11,000,000 377,800,000
" 9 5.90% 48,700,000 250,500,000 9,500,000 2,400,000 53,400,000 900,000 9,300,000 374,700,000
" 10 4.98% 43,000,000 250,500,000 9,500,000 2,400,000 53,200,000 900,000 9,600,000 369,100,000
" 11 4.98% 37,000,000 251,200,000 9,500,000 1,900,000 51,500,000 900,000 8,600,000 360,600,000
" 12 4.98% 34,100,000 251,600,000 9,500,000 1,900,000 51,600,000 900,000 8,600,000 358,200,000
" 13 4.98% 34,100,000 251,600,000 9,500,000 1,900,000 51,600,000 900,000 8,600,000 358,200,000
" 14 4.98% 34,100,000 251,600,000 9,500,000 1,900,000 51,600,000 900,000 8,600,000 358,200,000
" 15 4.99% 54,900,000 252,900,000 9,300,000 3,200,000 60,800,000 900,000 8,100,000 390,100,000
" 16 4.98% 51,000,000 252,600,000 9,300,000 3,200,000 61,500,000 900,000 6,900,000 385,400,000
" 17 4.98% 46,000,000 252,400,000 9,300,000 3,200,000 61,700,000 700,000 6,500,000 379,800,000
" 18 4.98% 45,000,000 252,500,000 9,300,000 3,200,000 61,700,000 700,000 6,100,000 378,500,000
" 19 4.98% 43,800,000 251,300,000 9,300,000 3,200,000 62,000,000 700,000 6,200,000 376,500,000
" 20 4.98% 43,800,000 251,300,000 9,300,000 3,200,000 62,000,000 700,000 6,200,000 376,500,000
" 21 4.98% 43,800,000 251,300,000 9,300,000 3,200,000 62,000,000 700,000 6,200,000 376,500,000
" 22 4.99% 45,100,000 250,500,000 9,300,000 2,900,000 62,800,000 700,000 7,400,000 378,700,000
" 23 4.99% 41,300,000 262,500,000 9,300,000 2,900,000 62,900,000 700,000 6,800,000 386,400,000
" 24 5.00% 38,500,000 262,500,000 9,300,000 2,500,000 62,900,000 700,000 5,600,000 382,000,000
" 25 4.99% 65,700,000 258,600,000 9,300,000 2,500,000 55,500,000 1,400,000 11,900,000 404,900,000
" 26 5.00% 57,800,000 258,600,000 9,300,000 3,600,000 53,800,000 1,400,000 11,200,000 395,700,000
" 27 5.00% 57,800,000 258,600,000 9,300,000 3,600,000 53,800,000 1,400,000 11,200,000 395,700,000
" 28 5.00% 57,800,000 258,600,000 9,300,000 3,600,000 53,800,000 1,400,000 11,200,000 395,700,000
" 29 5.00% 52,800,000 259,600,000 9,300,000 3,600,000 54,900,000 1,400,000 10,700,000 392,300,000
" 30 5.00% 50,200,000 259,900,000 9,300,000 3,600,000 54,900,000 1,400,000 11,000,000 390,300,000
" 31 5.01% 53,700,000 263,500,000 9,300,000 3,600,000 57,700,000 1,400,000 9,700,000 398,900,000
-------------------------------------------------------------------------------------------------------------
1,578,700,000 7,846,800,000 290,400,000 86,800,000 1,738,100,000 29,800,000 287,900,000 11,858,500,000
=============================================================================================================
</TABLE>
<PAGE>
SUBSIDIARY LENDING TO MONEY POOL
--------------------------------
Interest NFG Data
Date Rate Company Track UCI Leidy Seneca Horizon
---- ---- ------- ----- --- ----- ------ -------
01/01/99 5.54% 43,600,000 700,000 400,000 700,000 13,900,000 300,000
01/02/99 5.54% 43,600,000 700,000 400,000 700,000 13,900,000 300,000
01/03/99 5.54% 43,600,000 700,000 400,000 700,000 13,900,000 300,000
01/04/99 5.46% 43,500,000 700,000 400,000 700,000 13,900,000 300,000
01/05/99 5.44% 43,500,000 700,000 400,000 700,000 13,900,000 100,000
01/06/99 5.39% 43,300,000 700,000 400,000 700,000 13,900,000 100,000
01/07/99 5.39% 43,300,000 700,000 400,000 700,000 13,900,000 100,000
01/08/99 5.37% 45,100,000 700,000 400,000 700,000 13,900,000 100,000
01/09/99 5.37% 45,100,000 700,000 400,000 700,000 13,900,000 100,000
01/10/99 5.37% 45,100,000 700,000 400,000 700,000 13,900,000 100,000
01/11/99 5.36% 44,800,000 700,000 400,000 700,000 14,800,000 100,000
01/12/99 5.36% 44,800,000 700,000 400,000 700,000 14,800,000 100,000
01/13/99 5.37% 44,800,000 700,000 400,000 700,000 14,800,000 100,000
01/14/99 5.36% 44,800,000 700,000 400,000 700,000 14,800,000 100,000
01/15/99 5.34% 44,400,000 700,000 400,000 700,000 14,700,000 100,000
01/16/99 5.34% 44,400,000 700,000 400,000 700,000 14,700,000 100,000
01/17/99 5.34% 44,400,000 700,000 400,000 700,000 14,700,000 100,000
01/18/99 5.34% 44,400,000 700,000 400,000 700,000 14,700,000 100,000
01/19/99 5.26% 44,400,000 700,000 400,000 700,000 14,200,000 600,000
01/20/99 5.25% 46,200,000 700,000 400,000 700,000 14,200,000 600,000
01/21/99 5.25% 46,200,000 700,000 400,000 700,000 14,200,000 600,000
01/22/99 5.22% 46,100,000 700,000 400,000 700,000 14,200,000 600,000
01/23/99 5.22% 46,100,000 700,000 400,000 700,000 14,200,000 600,000
01/24/99 5.22% 46,100,000 700,000 400,000 700,000 14,200,000 600,000
01/25/99 5.22% 46,000,000 700,000 400,000 700,000 14,200,000 600,000
01/26/99 5.23% 46,000,000 700,000 400,000 700,000 14,200,000 700,000
01/27/99 5.22% 46,100,000 700,000 400,000 700,000 14,200,000 700,000
01/28/99 5.20% 45,900,000 700,000 400,000 700,000 14,100,000 700,000
01/29/99 5.20% 45,400,000 700,000 400,000 700,000 14,100,000 700,000
01/30/99 5.20% 45,400,000 700,000 400,000 700,000 14,100,000 700,000
01/31/99 5.20% 45,400,000 700,000 400,000 700,000 14,100,000 700,000
02/01/99 5.18% 45,500,000 700,000 400,000 700,000 14,000,000 700,000
02/02/99 5.18% 37,600,000 700,000 400,000 700,000 14,500,000 700,000
02/03/99 5.17% 37,500,000 700,000 400,000 700,000 14,500,000 700,000
02/04/99 5.17% 37,500,000 700,000 400,000 700,000 14,500,000 700,000
02/05/99 5.16% 39,100,000 700,000 400,000 700,000 14,600,000 700,000
02/06/99 5.16% 39,100,000 700,000 400,000 700,000 14,600,000 700,000
02/07/99 5.16% 39,100,000 700,000 400,000 700,000 14,600,000 700,000
02/08/99 5.14% 39,100,000 700,000 400,000 700,000 14,600,000 700,000
02/09/99 5.14% 39,000,000 700,000 400,000 700,000 14,600,000 700,000
02/10/99 5.14% 39,000,000 700,000 400,000 700,000 14,600,000 700,000
02/11/99 5.11% 38,800,000 700,000 400,000 700,000 14,600,000 700,000
02/12/99 5.09% 38,900,000 700,000 400,000 700,000 15,600,000 700,000
02/13/99 5.09% 38,900,000 700,000 400,000 700,000 15,600,000 700,000
02/14/99 5.09% 38,900,000 700,000 400,000 700,000 15,600,000 700,000
02/15/99 5.09% 38,900,000 700,000 400,000 700,000 15,600,000 700,000
02/16/99 5.09% 38,800,000 700,000 400,000 700,000 15,600,000 100,000
02/17/99 5.04% 38,700,000 700,000 400,000 700,000 15,600,000 100,000
02/18/99 5.03% 38,600,000 700,000 400,000 700,000 15,600,000 100,000
02/19/99 5.03% 38,600,000 700,000 400,000 700,000 15,500,000 100,000
02/20/99 5.03% 38,600,000 700,000 400,000 700,000 15,500,000 100,000
02/21/99 5.03% 38,600,000 700,000 400,000 700,000 15,500,000 100,000
02/22/99 5.03% 38,600,000 700,000 400,000 700,000 15,500,000 100,000
02/23/99 5.03% 38,700,000 700,000 400,000 700,000 15,500,000 100,000
02/24/99 5.03% 38,700,000 700,000 400,000 700,000 15,500,000 100,000
02/25/99 5.03% 38,700,000 700,000 400,000 700,000 15,500,000 100,000
02/26/99 5.00% 38,400,000 700,000 400,000 700,000 15,400,000 100,000
02/27/99 5.00% 38,400,000 700,000 400,000 700,000 15,400,000 100,000
02/28/99 5.00% 38,400,000 700,000 400,000 700,000 15,400,000 100,000
03/01/99 5.02% 36,700,000 700,000 400,000 700,000 13,400,000 100,000
03/02/99 5.00% 37,100,000 700,000 400,000 700,000 13,400,000 100,000
03/03/99 5.00% 37,100,000 700,000 400,000 700,000 13,400,000 100,000
03/04/99 5.00% 37,000,000 700,000 400,000 700,000 13,400,000 100,000
03/05/99 4.97% 38,300,000 700,000 400,000 700,000 13,400,000 100,000
03/06/99 4.97% 38,300,000 700,000 400,000 700,000 13,400,000 100,000
03/07/99 4.97% 38,300,000 700,000 400,000 700,000 13,400,000 100,000
03/08/99 4.96% 38,000,000 700,000 400,000 700,000 13,500,000 100,000
03/09/99 5.90% 37,600,000 700,000 400,000 700,000 13,600,000 100,000
03/10/99 4.98% 37,600,000 700,000 400,000 700,000 13,600,000 100,000
03/11/99 4.98% 38,100,000 700,000 400,000 700,000 14,300,000 100,000
03/12/99 4.98% 37,900,000 700,000 400,000 700,000 14,300,000 100,000
03/13/99 4.98% 37,900,000 700,000 400,000 700,000 14,300,000 100,000
03/14/99 4.98% 37,900,000 700,000 400,000 700,000 14,300,000 100,000
03/15/99 4.99% 37,300,000 700,000 400,000 700,000 14,200,000 800,000
03/16/99 4.98% 37,300,000 700,000 400,000 700,000 14,200,000 100,000
03/17/99 4.98% 37,300,000 700,000 400,000 700,000 14,200,000 100,000
03/18/99 4.98% 37,300,000 700,000 400,000 700,000 14,300,000 100,000
03/19/99 4.98% 37,100,000 700,000 400,000 700,000 14,200,000 100,000
03/20/99 4.98% 37,100,000 700,000 400,000 700,000 14,200,000 100,000
03/21/99 4.98% 37,100,000 700,000 400,000 700,000 14,200,000 100,000
03/22/99 4.99% 36,900,000 700,000 400,000 700,000 14,200,000 100,000
03/23/99 4.99% 36,900,000 700,000 400,000 700,000 14,200,000 100,000
03/24/99 5.00% 36,900,000 700,000 400,000 700,000 14,200,000 100,000
03/25/99 4.99% 36,800,000 700,000 400,000 700,000 14,300,000 100,000
03/26/99 5.00% 36,800,000 700,000 400,000 700,000 14,300,000 100,000
03/27/99 5.00% 36,800,000 700,000 400,000 700,000 14,300,000 100,000
03/28/99 5.00% 36,800,000 700,000 400,000 700,000 14,300,000 100,000
03/29/99 5.00% 36,800,000 700,000 400,000 700,000 14,300,000 100,000
03/30/99 5.00% 36,700,000 700,000 400,000 700,000 14,300,000 100,000
03/31/99 5.01% 36,700,000 700,000 400,000 700,000 14,300,000 100,000
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1999
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ------- ------- ------- -------------
1/ 1 /99 231,200,000 150,000,000 59,600,000 5.539021%
1/ 2 /99 231,200,000 150,000,000 59,600,000 5.539021%
1/ 3 /99 231,200,000 150,000,000 59,600,000 5.539021%
1/ 4 /99 228,200,000 150,000,000 59,500,000 5.461542%
1/ 5 /99 228,600,000 150,000,000 59,300,000 5.439210%
1/ 6 /99 227,400,000 150,000,000 59,100,000 5.389072%
1/ 7 /99 219,600,000 150,000,000 59,100,000 5.386513%
1/ 8 /99 215,500,000 150,000,000 60,900,000 5.368360%
1/ 9 /99 215,500,000 150,000,000 60,900,000 5.368360%
1/ 10 /99 215,500,000 150,000,000 60,900,000 5.368360%
1/ 11 /99 211,600,000 150,000,000 61,500,000 5.361662%
1/ 12 /99 202,400,000 150,000,000 61,500,000 5.364217%
1/ 13 /99 199,700,000 150,000,000 61,500,000 5.368293%
1/ 14 /99 198,800,000 150,000,000 61,500,000 5.362899%
1/ 15 /99 219,700,000 150,000,000 61,000,000 5.341909%
1/ 16 /99 219,700,000 150,000,000 61,000,000 5.341909%
1/ 17 /99 219,700,000 150,000,000 61,000,000 5.341909%
1/ 18 /99 219,700,000 150,000,000 61,000,000 5.341909%
1/ 19 /99 220,000,000 150,000,000 61,000,000 5.262517%
1/ 20 /99 213,800,000 150,000,000 62,800,000 5.247342%
1/ 21 /99 211,100,000 150,000,000 62,800,000 5.247257%
1/ 22 /99 209,900,000 150,000,000 62,700,000 5.224232%
1/ 23 /99 209,900,000 150,000,000 62,700,000 5.224232%
1/ 24 /99 209,900,000 150,000,000 62,700,000 5.224232%
1/ 25 /99 227,000,000 150,000,000 62,600,000 5.219605%
1/ 26 /99 224,500,000 150,000,000 62,700,000 5.227681%
1/ 27 /99 222,100,000 150,000,000 62,800,000 5.223358%
1/ 28 /99 220,800,000 150,000,000 62,500,000 5.201516%
1/ 29 /99 229,400,000 150,000,000 62,000,000 5.196169%
1/ 30 /99 229,400,000 150,000,000 62,000,000 5.196169%
1/ 31 /99 229,400,000 150,000,000 62,000,000 5.196169%
--------------------------------------------------------------
S/T Jan: 6,792,400,000 4,650,000,000 1,899,800,000 5.326414%
SWAPS & FEES
TOT: 6,792,400,000 4,650,000,000 1,899,800,000 5.326414%
==============================================================
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1999
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ------- ------- ------- -------------
2/ 1 /99 236,500,000 150,000,000 62,000,000 5.181697%
2/ 2 /99 232,600,000 150,000,000 54,600,000 5.178859%
2/ 3 /99 227,300,000 150,000,000 54,500,000 5.170173%
2/ 4 /99 223,300,000 150,000,000 54,500,000 5.172296%
2/ 5 /99 218,800,000 150,000,000 56,200,000 5.158238%
2/ 6 /99 218,800,000 150,000,000 56,200,000 5.158238%
2/ 7 /99 218,800,000 150,000,000 56,200,000 5.158238%
2/ 8 /99 216,600,000 150,000,000 56,200,000 5.138853%
2/ 9 /99 212,900,000 150,000,000 56,100,000 5.140699%
2/ 10 /99 208,200,000 150,000,000 56,100,000 5.142733%
2/ 11 /99 209,300,000 150,000,000 55,900,000 5.113005%
2/ 12 /99 208,800,000 150,000,000 57,000,000 5.093083%
2/ 13 /99 208,800,000 150,000,000 57,000,000 5.093083%
2/ 14 /99 208,800,000 150,000,000 57,000,000 5.093083%
2/ 15 /99 208,800,000 150,000,000 57,000,000 5.093083%
2/ 16 /99 206,700,000 150,000,000 56,300,000 5.092812%
2/ 17 /99 196,200,000 150,000,000 56,200,000 5.039431%
2/ 18 /99 192,400,000 150,000,000 56,100,000 5.027369%
2/ 19 /99 185,500,000 150,000,000 56,000,000 5.029145%
2/ 20 /99 185,500,000 150,000,000 56,000,000 5.029145%
2/ 21 /99 185,500,000 150,000,000 56,000,000 5.029145%
2/ 22 /99 186,700,000 150,000,000 56,000,000 5.030050%
2/ 23 /99 185,000,000 150,000,000 56,100,000 5.027710%
2/ 24 /99 181,000,000 150,000,000 56,100,000 5.033690%
2/ 25 /99 203,500,000 150,000,000 56,100,000 5.030778%
2/ 26 /99 200,900,000 150,000,000 55,700,000 5.001444%
2/ 27 /99 200,900,000 150,000,000 55,700,000 5.001444%
2/ 28 /99 200,900,000 150,000,000 55,700,000 5.001444%
--------------------------------------------------------------
S/T Feb: 5,769,000,000 4,200,000,000 1,574,500,000 5.089794%
SWAPS & FEES
TOT: 5,769,000,000 4,200,000,000 1,574,500,000 5.089794%
==============================================================
<PAGE>
NATIONAL FUEL GAS COMPANY
F/Y 1999
Money Pool Borrowing Detail
Bank Loans Commercial Paper Interco Loans
Date Balance Balance Balance Interest Rate
- ---- ------- ------- ------- -------------
3/ 1 /99 199,400,000 27,881.39 150,000,000 5.019906% 1
3/ 2 /99 192,700,000 26,727.87 150,000,000 4.997276% 2
3/ 3 /99 188,800,000 26,231.51 150,000,000 5.002481% 3
3/ 4 /99 183,300,000 25,480.84 150,000,000 5.003751% 4
3/ 5 /99 177,900,000 24,701.29 150,000,000 4.973024% 5
3/ 6 /99 177,900,000 24,701.29 150,000,000 4.973024% 6
3/ 7 /99 177,900,000 24,701.29 150,000,000 4.973024% 7
3/ 8 /99 174,400,000 24,155.21 150,000,000 4.964060% 8
3/ 9 /99 171,600,000 32,067.17 150,000,000 5.896073% 9
3/ 10 /99 166,000,000 23,079.31 150,000,000 4.977086% 10
3/ 11 /99 160,300,000 22,290.81 146,000,000 4.977906% 11
3/ 12 /99 158,100,000 22,018.92 146,000,000 4.980594% 12
3/ 13 /99 158,100,000 22,018.92 146,000,000 4.980594% 13
3/ 14 /99 158,100,000 22,018.92 146,000,000 4.980594% 14
3/ 15 /99 190,000,000 26,505.95 146,000,000 4.988781% 15
3/ 16 /99 186,000,000 25,850.62 146,000,000 4.977955% 16
3/ 17 /99 180,400,000 25,072.42 146,000,000 4.977590% 17
3/ 18 /99 175,000,000 24,330.20 150,000,000 4.976134% 18
3/ 19 /99 173,300,000 24,142.81 150,000,000 4.982062% 19
3/ 20 /99 173,300,000 24,142.81 150,000,000 4.982062% 20
3/ 21 /99 173,300,000 24,142.81 150,000,000 4.982062% 21
3/ 22 /99 175,700,000 24,520.59 150,000,000 4.987803% 22
3/ 23 /99 183,400,000 25,627.00 150,000,000 4.991949% 23
3/ 24 /99 179,000,000 25,059.22 150,000,000 4.996863% 24
3/ 25 /99 201,900,000 28,217.50 150,000,000 4.993821% 25
3/ 26 /99 192,700,000 26,965.28 150,000,000 4.997270% 26
3/ 27 /99 192,700,000 26,965.28 150,000,000 4.997270% 27
3/ 28 /99 192,700,000 26,965.28 150,000,000 4.997270% 28
3/ 29 /99 189,300,000 26,541.11 150,000,000 5.001656% 29
3/ 30 /99 187,400,000 26,242.14 150,000,000 4.998429% 30
3/ 31 /99 196,000,000 27,584.19 150,000,000 5.013111% 31
--------------------------------------------------------------
S/T Mar: 5,586,600,000 786,949.95 4,622,000,000 5.017127%
SWAPS & FEES
TOT: 5,586,600,000 786,949.95 4,622,000,000 5.017127%
==============================================================
Exhibit B
Horizon Loan to PSZT
Interest
Date Rate Principal
---- ---- ---------
01/01/1999 7.07% 9,500,000
01/02/1999 7.07% 9,500,000
01/03/1999 7.07% 9,500,000
01/04/1999 7.06% 9,500,000
01/05/1999 7.06% 9,500,000
01/06/1999 7.06% 9,500,000
01/07/1999 7.06% 9,500,000
01/08/1999 7.06% 9,500,000
01/09/1999 7.06% 9,500,000
01/10/1999 7.06% 9,500,000
01/11/1999 7.08% 9,500,000
01/12/1999 7.09% 9,500,000
01/13/1999 7.03% 9,500,000
01/14/1999 7.01% 9,500,000
01/15/1999 6.97% 9,500,000
01/16/1999 6.97% 9,500,000
01/17/1999 6.97% 9,500,000
01/18/1999 6.99% 9,500,000
01/19/1999 6.97% 11,700,000
01/20/1999 7.00% 11,700,000
01/21/1999 7.00% 11,700,000
01/22/1999 6.97% 11,700,000
01/23/1999 6.97% 11,700,000
01/24/1999 6.97% 11,700,000
01/25/1999 6.97% 11,700,000
01/26/1999 6.97% 11,700,000
01/27/1999 6.97% 11,700,000
01/28/1999 6.97% 11,700,000
01/29/1999 6.97% 11,700,000
01/30/1999 6.97% 11,700,000
01/31/1999 6.97% 11,700,000
02/01/1999 6.98% 11,700,000
02/02/1999 7.00% 11,700,000
02/03/1999 7.00% 11,700,000
02/04/1999 7.00% 11,700,000
02/05/1999 7.03% 11,700,000
02/06/1999 7.03% 11,700,000
02/07/1999 7.03% 11,700,000
02/08/1999 7.04% 11,700,000
02/09/1999 7.04% 11,700,000
02/10/1999 7.03% 11,700,000
02/11/1999 7.03% 11,700,000
02/12/1999 7.04% 11,700,000
02/13/1999 7.04% 11,700,000
02/14/1999 7.04% 11,700,000
02/15/1999 7.08% 11,700,000
02/16/1999 7.06% 13,350,000
02/17/1999 7.06% 13,350,000
02/18/1999 7.06% 13,350,000
02/19/1999 7.06% 13,350,000
02/20/1999 7.06% 13,350,000
02/21/1999 7.06% 13,350,000
02/22/1999 7.06% 13,350,000
02/23/1999 7.06% 13,350,000
02/24/1999 7.09% 13,350,000
02/25/1999 7.12% 13,350,000
02/26/1999 7.13% 13,350,000
02/27/1999 7.13% 13,350,000
02/28/1999 7.13% 13,350,000
03/01/1999 7.12% 13,350,000
03/02/1999 7.15% 13,350,000
03/03/1999 7.13% 13,350,000
03/04/1999 7.13% 13,350,000
03/05/1999 7.13% 13,350,000
03/06/1999 7.13% 13,350,000
03/07/1999 7.13% 13,350,000
03/08/1999 7.09% 13,350,000
03/09/1999 7.09% 13,350,000
03/10/1999 7.06% 13,350,000
03/11/1999 7.06% 13,350,000
03/12/1999 7.06% 13,350,000
03/13/1999 7.06% 13,350,000
03/14/1999 7.06% 13,350,000
03/15/1999 7.06% 13,350,000
03/16/1999 7.06% 15,750,000
03/17/1999 7.06% 15,750,000
03/18/1999 7.06% 15,750,000
03/19/1999 7.06% 15,750,000
03/20/1999 7.06% 15,750,000
03/21/1999 7.06% 15,750,000
03/22/1999 7.06% 15,750,000
03/23/1999 7.06% 15,750,000
03/24/1999 7.06% 15,750,000
03/25/1999 7.06% 15,750,000
03/26/1999 7.06% 15,750,000
03/27/1999 7.06% 15,750,000
03/28/1999 7.06% 15,750,000
03/29/1999 7.05% 15,750,000
03/30/1999 7.06% 15,750,000
03/31/1999 7.06% 15,750,000
