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UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
__________________________________________
In the Matter of
PUBLIC SERVICE COMPANY OF OKLAHOMA REPORT FOR PERIOD
Tulsa, OK 74102 OCTOBER 1, 1994 to
DECEMBER 31, 1994
Ash Creek Mining Company PURSUANT TO RULE 24
Tulsa, OK 74102
File No. 70-6827
__________________________________________
This report is filed by Ash Creek Mining Company and Public
Service Company of Oklahoma pursuant to Rule 24 of the Securities
and Exchange Commission, promulgated under the Public Utility
Holding Company Act of 1935, as requested in application-
declaration and amendments thereto, filed with the Commission
pursuant to Sections 6(a), 7, 9(A), 10 and 12(B) of said Act.
Said application, as amended, proposed the filing of quarterly
reports pursuant to Rule 24 on operations and expenditures made
and on interest acquired and disposed of by Ash Creek Mining
Company and was authorized by order granting the application
under date of November 30, 1976 in Release No. 19777, which
authorization has been extended periodically (currently through
December 31, 1995 under Release No. 25965 dated December 29, 1993
in File No. 70-6827). This report is for the period of October
1, 1994 to December 31, 1994, pursuant to Rule 24 and covers the
activities of Public Service Company of Oklahoma and Ash Creek
Mining Company for the period.
1) During the 3-month period ending December 31, 1994, Ash Creek
Mining Company removed no overburden from the pit area and,
therefore, the total over burden removed to date is 3,059,780
banked cubic yards.
2) On November 17, 1978, operations were discontinued and mine
was placed on stand-by status. On November 11, 1982, actual
production of coal mining commenced which consummated an
agreement with the Wyoming Department of Environmental Quality to
ship a "De Minimis" amount of coal off-site to resolve certain
licensing problems raised by the Department. As of December 31,
1994, approximately 4,440 tons had been shipped off site.
3) During the first quarter 1994, Ash Creek Mining Company
engaged an engineering firm to develop a proposed mine
reclamation plan, classified as a minor revision to its mine plan
from the Wyoming Department of Environmental Quality (WDEQ). On
August 2 1994, the WDEQ issued its approval of the proposed mine
reclamation plan. Actual closing of the mine and reclamation is
expected to begin during the second quarter of 1995. Actual
reclamation work is estimated to take from 18 to 36 months.
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4) The financial report for Ash Creek Mining Company is as
follows:
Reporting Year to Cumulative
Period Date Since
Changes Changes Inception
Incr/(Decr) Incr/(Decr) Incr/(Decr)
ASSETS (Dollars)
Investments
Shop and Office Facility -- (188,814) --
Equipment -- (2,219,204) 9,195
Less: Reserve for Depreciation -- (1,015,457) 9,195
Reserve for Property
Valuation -- (1,355,484) --
-- (37,077) --
CURRENT & ACCRUED ASSETS
Cash (19,759) 52,016 140,482
Accounts Receivable 28,966 28,966 28,966
Materials and Supplies -- (8,134) --
9,207 72,848 169,448
9,207 35,771 169,448
CAPITALIZATION & LIABILITIES
Common Stock -- -- 3,839,040
Retained Earnings (92,607) 21,687 (9,325,489)
Total Capitalization (92,607) 21,687 (5,486,449)
Liabilities & Def. Taxes 101,814 14,084 5,655,897
9,207 35,771 169,448
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SIGNATURE
As requested by order of this Commission pursuant to the Public
Utility Holding Company Act of 1935, Public Service Company of
Oklahoma and Ash Creek Mining Company have duly caused this
report to be signed on their behalf on this 14th day of February
1995.
ASH CREEK MINING COMPANY
/s/ Sandra S. Bennett
Sandra S. Bennett, Comptroller
Ash Creek Mining Company
