PG Energy Extends Self Tender Offer

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PG Energy Extends Self Tender Offer

    WILKES-BARRE, Pa., May 19 /PRNewswire/ -- PG Energy Inc., formerly known
as Pennsylvania Gas and Water Company, announced today that it has extended
its offer to purchase its 4.10% Cumulative Preferred Stock.  The offer will
now expire at 5:00 p.m., New York City time, on Friday, May 23, 1997.
    PG Energy Inc. provides natural gas to approximately 148,000 customers in
twelve counties in northeastern Pennsylvania.

SOURCE PG Energy Inc.