[Federal Register Volume 61, Number 251 (Monday, December 30, 1996)]
[Notices]
[Page 68736]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-33113]



[[Page 68736]]

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DEPARTMENT OF ENERGY
[Docket No. ER96-2879-000]


US Energy, Inc.; Notice of Issuance of Order

December 24, 1996.
    US Energy, Inc. (US Energy) submitted for filing a rate schedule 
under which US Energy will engage in wholesale electric power and 
energy transactions as a marketer. US Energy also requested waiver of 
various Commission regulations. In particular, US Energy requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liability by US 
Energy.
    On December 11, 1996, 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 US Energy should file a motion to 
intervene or protest with the Federal Energy Regulatory Commission, 888 
First Street, N.E., Washington, D.C. 20426, in accordance with Rules 
211 and 214 of the Commission's Rules of Practice and Procedures (18 
CFR 385.211 and 385.214).
    Absent a request for hearing within this period, US 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 US 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 January 10, 1997. Copies 
of the full text of the order are available from the Commission's 
Public Reference Branch, 888 First Street, N.E., Washington, D.C. 
20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-33113 Filed 12-27-96; 8:45 am]
BILLING CODE 6717-01-M