[Federal Register Volume 66, Number 92 (Friday, May 11, 2001)]
[Notices]
[Page 24127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-11885]


-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER01-1363-000]


Coral Energy Management, LLC; Notice of Issuance of Order

May 7, 2001.
    Coral Energy Management, LLC (Coral) submitted for filing a rate 
schedule under which Coral will engage in wholesale electric power and 
energy transactions at market-based rates. Coral also requested waiver 
of various Commission regulations. In particular, Coral requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liability by Coral.
    On April 17, 2001, pursuant to delegated authority, the Director, 
Division of Corporate Applications, Office of Markets, Tariffs and 
Rates, 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 Coral 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 to be heard in opposition within this period, 
Coral is authorized to issue securities and assume obligations or 
liabilities as a guarantor, indorser, 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 Coral'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 May 17, 2001.
    Copies of the full text of the Order are available from the 
Commission's Public Reference Branch, 888 First Street, NE., 
Washington, DC 20426. The Order may also be viewed on the Internet at 
http://www.ferc.fed.us/online/rims.htm (call 202-208-2222 for 
assistance). Comments, protests, and interventions may be filed 
electronically via the internet in lieu of paper. See, 18 CFR 
385.2001(a)(1)(iii) and the instructions on the Commission's web site 
at 
http://www.ferc.fed.us/efi/doorbell.htm.

David P. Boergers,
Secretary.
[FR Doc. 01-11885 Filed 5-10-01; 8:45 am]
BILLING CODE 6717-01-M