News from the Oklahoma Corporation Commission

Jim Palmer, Director of Information

Phone: (405) 522-2100, FAX: (405) 522-1623, www.occ.state.ok.us

May 25, 1999

 

 

NEWS ADVISORY:

FOR ASSIGNMENT EDITORS AND NEWS DIRECTORS

The Oklahoma Corporation Commissioners continue hearing the proposed stipulated agreement between the OCC’s Public Utility Division staff and Oklahoma Natural Gas Company (ONG) on Wednesday morning, May 26. The continuation is scheduled for 9:30 a.m. in courtroom 301 on the third floor of the Jim Thorpe Building at 2101 N. Lincoln Blvd.

The Commission began hearing testimony on the proposed agreement last Friday, May 21. At the end of Friday’s hearing, the Commission asked that a technical conference along with further study and negotiation be pursued during the interim.

Among the issues focused on during last Friday’s hearing were the amount and timing of the proposed $5-million rate reduction and the contingencies upon which ONG might agree to withdraw its Oklahoma Supreme Court appeal of the Commission’s unbundling orders.

-occ-

All Corporation Commission news releases are available for review and downloading from our web site:

www.occ.state.ok.us