[Federal Register Volume 62, Number 8 (Monday, January 13, 1997)]
[Notices]
[Page 1745]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-694]
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DEPARTMENT OF ENERGY
[Docket No. ER96-3092-000]
United American Energy Corp.; Notice of Issuance of Order
January 7, 1997.
United American Energy Corp. (United Energy) submitted for filing a
rate schedule under which United Energy will engage in wholesale
electric power and energy transactions as a marketer. United Energy
also requested waiver of various Commission regulations. In particular,
United Energy requested that the Commission grant blanket approval
under 18 CFR Part 24 of all future issuances of securities and
assumptions of liability by United Energy.
On January 3, 1997, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulation, granted
requests for blanket approval under Part 34, subject to the following:
Within thirty days of the date of the order, any person desiring to
be heard or to protest the blanket approval of issuances of securities
or assumptions of liability by United Energy should file a motion to
intervene or protest with the Federal Energy Regulatory Commission, 888
First Street NE., Washington, DC 20426, in accordance with Rules 211
and 214 of the Commission's Rules of Practice and Procedure (18 CFR
385.211 and 385.214).
Absent a request for hearing within this period, United Energy is
authorized to issue securities and assume obligations or liabilities as
a guarantor, endorser, surety, or otherwise in respect of any security
of another person; provided that such issuance or assumption is for
some lawful object within the corporate purposes of the applicant, and
compatible with the public interest, and is reasonably necessary or
appropriate for such purposes.
The Commission reserves the right to require a further showing that
neither public nor private interests will be adversely affected by
continued approval of United Energy's issuances of securities or
assumptions of liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is February 3, 1997.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, 888 First Street NE., Washington,
DC 20426.
Linwood A. Watson Jr.,
Acting Secretary.
[FR Doc. 97-694 Filed 1-10-97; 8:45 am]
BILLING CODE 6717-01-M
