[Federal Register: May 2, 2001 (Volume 66, Number 85)]
[Notices]
[Page 21920-21921]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02my01-63]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER01-1335-000]
Magnolia Energy, L.P.; Notice of Issuance of Order
April 26, 2001.
Magnolia Energy, L.P. (Magnolia) submitted for filing a rate
schedule under which Magnolia will engage in wholesale electric power
and energy transactions at market-based rates. Magnolia also requested
waiver of various Commission regulations. In particular, Magnolia
requested that the Commission grant blanket approval under 18 CFR Part
34 of all future issuances of securities and assumptions of liability
by Magnolia.
On April 5, 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 Magnolia 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
[[Page 21921]]
Practice and Procedure (18 CFR 385.211 and 385.214).
Absent a request to be heard in opposition within this period,
Magnolia 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 Magnolia'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 7, 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.fer.fed.us/efi/doorbell.htm.
David P. Boergers,
Secretary.
[FR Doc. 01-10906 Filed 5-1-01; 8:45 am]
BILLING CODE 6717-01-M