National Fuel Resources history

That lighthouse, built in 1830, became the first navigational beacon light in the world to be lit with natural gas.

At the height of the Civil War, in 1863, oil was discovered in Titusville, Pennsylvania, a village about 50 miles south of Fredonia, setting off a frenzy of oil fever throughout the Appalachian region.

The well was set on fire--gas then was considered an unprofitable and undesirable by-product of the search for oil--and it burned until another group of investors bought it in 1870.

The company put the world's first 1,000 horsepower gas engine into service in 1899 to drive a compressor.

National Fuel Gas Company was organized as a corporation in 1902 in the State of New Jersey, with operations centered in Buffalo, New York.

By 1962 the company reported sales of more than $128 million, to 565,000 customers.

Even so, National Fuel has used Utility Constructors to build other pipelines in its service and distribution areas, including a $67 million pipeline that was completed in 1988 and allowed the company to import even more natural gas from Canada than the Alberta project.

In early 1992, the company announced it formed a joint venture with Citizens Gas Supply Corporation of Boston, Massachusetts, to purchase, store, transport and market natural gas to other utility companies and their customers.

National Fuel Gas Company (the “Company”) is providing this cautionary statement to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company.

Seneca sold its offshore oil and gas properties in 2011 to focus on its Appalachian shale development program.