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COLUMBIA GAS TRANSMISSION SEEKS EXTENSION OF DEADLINE FOR PRODUCERS TO FILE CLAIMS RESULTING FROM REJECTED CONTRACTS

 COLUMBIA GAS TRANSMISSION SEEKS EXTENSION OF DEADLINE
 FOR PRODUCERS TO FILE CLAIMS RESULTING FROM REJECTED CONTRACTS
 WILMINGTON, Del., March 2 /PRNewswire/ -- Natural gas producers whose contracts were rejected by Columbia Gas Transmission Corp. would have an additional 30 days to file claims against the company if a motion now pending before the U.S. Bankruptcy Court for the District of Delaware is approved.
 The motion filed by Columbia Gas Transmission would extend the deadline for filing claims associated with rejected gas purchase contracts to April 17. March 18 remains the deadline for all other creditors to file proof of claims against Columbia Gas Transmission and its parent company, The Columbia Gas System, Inc. (NYSE: CG).
 Columbia Transmission said it is seeking to allow more time for producers to quantify their claims arising from the rejection of some 4,700 gas purchase contracts last year to accommodate discussions now underway with them to resolve numerous complicated issues.
 /delval/
 -0- 3/2/92
 /CONTACT: Media: H.W. Chaddock, 302-429-5261, or W.R. McLaughlin, 302-429-5443; or, analysts: T.L. Hughes, 302-429-5471, or 302-429-5000/
 (CG) CO: Columbia Gas Transmission Corp.; The Columbia Gas System, Inc. ST: Delaware IN: OIL SU: ERN


MK -- PH034 -- 4154 03/02/92 16:38 EST
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Publication:PR Newswire
Date:Mar 2, 1992
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