Form of Empire Pipeline, Inc. under ZZ15-2.

NATIONAL FUEL GAS COMPANY FINANCIAL & STATISTICAL REPORT 2014 National Fuel - At A Glance National Fuel Gas Company (NYSE: NFG) Upstream Midstream Downstream Seneca National Fuel National Fuel Resources Gas Supply Gas Distribution Corporation Corporation Corporation Empire Pipeline, National Fuel Inc. Resources, Inc. National Fuel Gas Midstream Corporation In fiscal 2014, National Fuel Gas Company achieved the highest level of earnings from continuing operations in its 112-year history. The Marcellus has set the course for unprecedented growth and transformation across all of National Fuels integrated businesses. Operationally, the Company's natural gas and oil proved reserves and annual production increased to all-time highs. The gathering and rate-regulated transmission pipeline systems transported more gas than ever, and the Utility provided another year of safe and reliable service for its wholesale and retail customers. The Company continues to leverage the common geographic footprint of these assets to build a highly integrated business that enables significant operational synergies and financial efficiencies across the Company' segments. Upstream Business Exploration & Production Seneca Resources Corporation explores for, develops and produces natural gas and crude oil reserves in Appalachia and California. Most of Senecas investment activity is in the Marcellus Shale in Pennsylvania, where the company controls 780,000 net prospective acres. Midstream Businesses Pipeline & Storage National Fuel Gas Supply Corporation and Empire Pipeline, Inc. provide rate-regulated natural gas transportation and storage services to affiliated and nonaffiliated companies through an integrated system of 2,782 miles of pipeline and 31 underground natural gas storage fields (including four storage fields co-owned with nonaffiliated companies). Gathering National Fuel Gas Midstream Corporation's primary business is to build, own and operate natural gas pipeline gathering and processing facilities in the Appalachian region. As one of the National Fuel Gas system companies, Midstream shares in more than 100 years of experience in gathering and processing natural gas. Downstream Businesses Utility National Fuel Gas Distribution Corporation sells or transports natural gas to customers through a local distribution system located in western New York and northwestern Pennsylvania. Energy Marketing National Fuel Resources, Inc. sells competitively priced natural gas to a diverse group of industrial, wholesale, commercial, public authority and residential customers located primarily in New York and Pennsylvania. Table of Contents National Fuel Gas Company Consolidated Statements of Income and Earnings Reinvested in the Business........1 Consolidated Statements of Comprehensive Income......... 2 Consolidated Balance Sheets.........3-4 Consolidated Statements of Cash Flows.5 Schedule of Business Segment Information............6-7 Common Stock Data........... 8 Research Coverage.........8 Selected Financia