[Federal Register Volume 62, Number 249 (Tuesday, December 30, 1997)]
[Notices]
[Page 67852]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33837]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-242-000]


North American Energy, Inc., Notice of Issuance of Order

December 22, 1997.
    North American Energy, Inc. (North American) submitted for filing a 
rate schedule under which North American will engage in wholesale 
electric power and energy transactions as a marketer. North American 
also requested waiver of various Commission regulations. In particular, 
North American requested that the Commission grant blanket approval 
under 18 CFR Part 34 of all future issuances of securities and 
assumptions of liability by North American.
    On December 10, 1997, pursuant to delegated authority, the 
Director, Division of Rate 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 North American 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, North American 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 North American'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 9, 1998. 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. 97-33837 Filed 12-29-97; 8:45 am]
BILLING CODE 6717-01-M