SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. V6Z 2N3 a CANADA IN THE MATTER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and An Application by Centra Gas Fort St. John Inc. for Approval to Transfer Shares to Pacific Northern Gas Ltd. BEFORE: M.K. Jaccard, Chairperson; and L.R. Barr, Deputy Chairperson O R D E R WHEREAS: A. On DecemberÊ4, 1996 Centra Gas Fort St. John Inc. (ÒCentra Gas FSJÓ) applied to the Commission to transfer all of its outstanding shares owned by Centra Gas Inc. to Pacific Northern Gas Ltd. (ÒPNGÓ), pursuant to Section 61(4) of the Utilities Commission Act (Òthe ActÓ), effective JanuaryÊ1, 1997; and B. Centra Gas submits that the share transfer will have no detrimental effects on the customers of the utility and supports the DecemberÊ4, 1996 application made by PNG; and C. The Commission has reviewed the documents and finds that approval of the transfer of shares of Centra Gas FSJ to PNG is necessary and in the public interest. NOW THEREFORE the Commission orders as follows: Pursuant to Section 61(4) of the Act, the transfer of all the outstanding shares of Centra Gas FSJ from Centra Gas Inc. to PNG is approved effective JanuaryÊ1, 1997, subject to the terms of the share purchase agreement being fulfilled. DATED at the City of Vancouver, in the Province of British Columbia, this ÊÊÊ23rdÊÊÊday of December, 1996. Orders/CG-Transfer to PNGB R I T IS H C O L U M B I A U T I L I T I E S C O M M I S S I O N O R D E R N U M B ER G-128-96 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 ) ) December 19, 1996 BY ORDER Original signed by: Dr. Mark K. Jaccard Chairperson
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