[Federal Register Volume 62, Number 132 (Thursday, July 10, 1997)]
[Notices]
[Pages 37041-37042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-18094]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-3053-000]


Keystone Energy Services, Inc.; Notice of Issuance of Order

July 7, 1997.
    Keystone Energy Services, Inc. (Keystone) submitted for filing with 
the Commission a rate schedule under which Keystone will engage in 
wholesale electric power and energy transactions as a marketer. 
Keystone also requested waiver of various Commission regulations. In 
particular, Keystone requested that the Commission grant blanket 
approval under 18 CFR part 34 of all future issuances of securities and 
assumptions of liability by Keystone.
    On June 26, 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 Keystone 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 Procedure (18 CFR 
385.211 and 385.214).
    Absent a request for hearing within this period, Keystone 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 Keystone's issuances of securities or assumptions 
of liability.
    Notice is hereby given that the deadline for filing motions to 
intervene

[[Page 37042]]

or protests, as set forth above, is July 28, 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. 97-18094 Filed 7-9-97; 8:45 am]
BILLING CODE 6717-01-M