UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58
For the Quarterly Period Ending September 30, 1999
National Fuel Gas Company
(Name of Registered Holding Company)
10 Lafayette Square
Buffalo, New York 14203
(Name of Principal Executive Officer)
Inquiries concerning this Form U-9C-3 may be directed to:
James R. Peterson
Assistant Secretary
National Fuel Gas Company
Suite 1500
10 Lafayette Square
Buffalo, New York 14203
(716) 857-7086
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<TABLE>
ITEM 1 - ORGANIZATION CHART
<CAPTION>
Name of Reporting Co. Energy or Gas Date of State of Percentage of Nature of Business
Related Organization Organization Voting Securities
Held
<S> <C> <C> <C> <C> <C>
National Fuel Gas Company Holding 1902 New Jersey Holds all voting The Company is an integrated
securities of National natural gas operation engaged in
Fuel Resources, Inc. owning and holding securities
and the reporting issued by its subsidiaries.
companies except as
indicated below.
Seneca Independence Gas 1996 Delaware 100% Holds a 33 1/3% general partnership
Pipeline Company interest in Independence Pipeline
Company, which was not formed
under Rule 58.
Niagara Independence Holding 1997 Delaware 100% Holds the 33-1/3% general
Marketing Company partnership interest in
DirectLink indicated below.
DirectLink Gas Marketing Gas 1997 Delaware 33-1/3% Gas marketing.
Company
Upstate Energy Inc. Gas 1997 New York 100% Gas marketing. Also owns a 50%
interest in the Roystone Gas
Processing Plant which was acquired
pursuant to Rule 58.
Roystone Gas Processing Gas 1994 Pennsylvania 50% Processes natural gas and sells
Plant (general natural gas liquids.
partnership)
Seneca Resources Corporation Holding 1913 Pennsylvania 100% Owned a 100% interest in HarCor
Energy, Inc. with which it merged
during the quarter.
HarCor Energy, Inc. Gas 1976 Delaware 100% An oil and gas company which,
during the quarter, merged with and
into Seneca Resources Corporation
</TABLE>
NARRATIVE DESCRIPTION:
National Fuel Gas Company is not "reporting company" but is included in
this Item 1 because it holds, directly or indirectly, voting securities
issued by reporting companies as indicated above.
During the quarter ended September 30, 1999, the reporting companies
engaged in the following activities:
Seneca Independence Pipeline Company ("SIP") retained its 33 1/3% general
partnership interest in Independence Pipeline Company ("Independence"),
pursuant to approval by the SEC under the PUHCA (see File 70-9117, HCAR
No. 35-26840). SIP's transactions this quarter are described in its
financial statements at Item 6.
Niagara Independence Marketing Company ("NIM") retained its 33 1/3%
interest in DirectLink Gas Marketing Company ("DirectLink"). NIM's and
DirectLink's transactions this quarter are described in their financial
statements at Item 6.
Upstate Energy Inc. ("Upstate") engaged in gas marketing transactions this
quarter.
HarCor Energy, Inc. ("HarCor") has appeared on previous reports and,
during the quarter, was merged with and into its wholly-owned parent,
Seneca Resources Corporation ("Seneca"). Neither HarCor nor Seneca will
appear on future reports.
Roystone Gas Processing Plant engaged in processing natural gas and
selling natural gas liquids during the quarter, but Upstate did not
acquire its interest in Roystone until the final day of the quarter.
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<TABLE>
ITEM 2 - ISSUANCE OF SECURITIES AND CAPITAL CONTRIBUTIONS
<CAPTION>
Company Type of Principal Amount Issue or Cost of Person to Collateral Consideration
Issuing Security of Security Renewal Capital Whom Security Given With Received for
Stock Issued Was Issued Security Each Security
<S> <C> <C> <C> <C> <C> <C> <C>
Seneca Note $100,000 Issue* N/A National N/A $100,000
Independence Issue* Fuel Gas
Pipeline Company
Company
DirectLink Gas no transactions this quarter
Marketing
Company
Niagara no transactions this quarter
Independence
Marketing
Company
Upstate Note $700,000 Issue** N/A National N/A $700,000
Energy $700,000 Issue** Fuel Gas $700,000
$100,000 Issue** Company $100,000
Roystone Gas no transactions this quarter
Processing Plant
</TABLE>
* Represents an increase in the daily principal balance of borrowings from
the National Fuel Gas Company System Money Pool as compared with balance
from preceding day. For the quarter, the balance increased by $100,000.
** Represents an increase in the daily principal balance of borrowings from
the National Fuel Gas Company System Money Pool as compared with the
balance from the preceding day. For the quarter, the balance increased
by $1,300,000.
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ITEM 3 -ASSOCIATE TRANSACTIONS
PART 1 - TRANSACTIONS PERFORMED BY REPORTING COMPANY ON BEHALF OF ASSOCIATE COMPANIES
<CAPTION>
Reporting Co. Associate Co. Types of Direct Indirect Cost of Total Amount Billed
Rendering Receiving Services Costs Costs Capital
Services Services Rendered Charged Charged
<S> <C> <C> <C> <C> <C> <C>
NONE
</TABLE>
<TABLE>
PART 2 - TRANSACTIONS PERFORMED BY ASSOCIATE COMPANIES ON BEHALF OF REPORTING COMPANY
<CAPTION>
Associate Co. Reporting Co. Types of Direct Indirect Cost of Total Amount Billed
Rendering Receiving Services Costs Costs Capital
Services Services Rendered Charged Charged
<S> <C> <C> <C> <C> <C> <C>
National Fuel Seneca Managerial, -0- -0- -0- -0-
Gas Supply Independence financial,
Corporation Pipeline legal, and
Company other similar
services.
Seneca Upstate Managerial, $ 26,643 -0- -0- $ 26,643
Resources Energy Inc. financial and
Corporation other similar
services.
Seneca HarCor Managerial, $115,736 -0- -0- $115,736
Resources Energy, Inc. financial, legal
Corporation and other
similar services.
</TABLE>
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Upstate Energy Inc. also purchased regulated interstate natural gas
transportation and storage services from its associate, National Fuel Gas Supply
Corporation ("Supply"), pursuant to Supply's FERC gas tariff, but such services
are "exempted transactions" pursuant to Rule 81 under the Public Utility Holding
Company Act (17 CFR Sec. 250.81).
<PAGE>
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
Investment in Energy-Related Companies:
Not applicable; all the Reporting Companies are gas-related companies.
Investments in Gas-Related Companies:
Confidential Treatment requested pursuant to Rule 104(b)
<PAGE>
<TABLE>
ITEM 5 - OTHER INVESTMENTS
<CAPTION>
Major Line of Energy- Other Investment in last Other Investment in This Reason For Difference
Related Business U-9C-3 Report U-9C-3 Report in Other Investment
<S> <C> <C> <C>
None
</TABLE>
<PAGE>
<TABLE>
ITEM 6- FINANCIAL STATEMENTS AND EXHIBITS
<CAPTION>
A. FINANCIAL STATEMENTS:
<S> <C>
Balance Sheet for Seneca Independence Pipeline Company ("Seneca") Confidential treatment requested pursuant to Rule 104(b)
Income Statement for Seneca Confidential treatment requested pursuant to Rule 104(b)
Balance Sheet for Niagara Independence Marketing Company ("Niagara") Confidential treatment requested pursuant to Rule 104(b)
Income Statement of Niagara Confidential treatment requested pursuant to Rule 104(b)
Balance Sheet for DirectLink Gas Marketing Company ("DirectLink") Confidential treatment requested pursuant to Rule 104(b)
Income Statement for DirectLink Confidential treatment requested pursuant to Rule 104(b)
Balance Sheet for Upstate Energy Inc. ("Upstate") Confidential treatment requested pursuant to Rule 104(b)
Income Statement for Upstate Confidential treatment requested pursuant to Rule 104(b)
Balance Sheet for Roystone Gas Processing Plant ("Roystone") Confidential treatment requested pursuant to Rule 104(b)
Income Statement for Roystone Confidential treatment requested pursuant to Rule 104(b)
</TABLE>
B. EXHIBITS:
1. Copies of contracts required to be provided by Item 3: NOT APPLICABLE
2. Certificate stating that a copy of the report for the previous quarter
has been filed with interested state commissions: EXHIBIT A
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, National Fuel Gas Company has duly caused this report to be signed and
authorized on its behalf by the undersigned.
Dated: December 17, 1999
NATIONAL FUEL GAS COMPANY
By /s/ James R. Peterson
------------------------------------
James R. Peterson
Assistant Secretary
EXHIBIT A
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NATIONAL FUEL GAS COMPANY
CERTIFICATE
The undersigned certifies that he is the duly designated and acting
Assistant Secretary of National Fuel Gas Company, a New Jersey Corporation, and
that the report on Form U-9C-3 for the previous quarter was filed with National
Fuel Gas Company's interested State Commissions whose names and addresses are
listed below:
State of New York Public Service Commission
3 Empire State Plaza
Albany, New York 12223-1350
Pennsylvania Public Utility Commission
P.O. Box 3265
North Office Building
Harrisburg, Pennsylvania 17120
IN WITNESS WHEREOF, I have hereunto set my hand as of the 17th day of December,
1999.
/s/ James R. Peterson
--------------------------------------
James R. Peterson
Assistant Secretary
