<PAGE>   1
                                      
                                      
                      SECURITIES AND EXCHANGE COMMISSION
                                      
                            Washington, DC  20549
                                      
                                      
                                  FORM 10-Q
                                      
                                      
                  QUARTERLY REPORT UNDER SECTION 13 or 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934
                                      
                                      
                   For the Quarter Ended September 30, 1995
                                      
                                      
                      Commission File Number    0-10833
                                             -------------

                          CLINTON GAS SYSTEMS, INC.
--------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


         OHIO                                             31-081395
--------------------------------------------------------------------------------
 (State or other jurisdiction of             (I.R.S. Employer Identificaton No.)
  incorporation or organization)



    4770 Indianola Avenue           Columbus, Ohio               43214
--------------------------------------------------------------------------------
(Address of principal executive offices)                           (Zip Code)

                               (614)   888-9588
--------------------------------------------------------------------------------
             (Registrant's telephone number including area code)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports); and (2) has been subject to such
filing requirements for the past 90 days.

    Yes      X                                            No 
        -----------                                          -----------

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the close of the period covered by this report.

                 Common Stock - 5,642,143 shares outstanding
                                      
                               $ -0- par value


                         Page One of Thirteen pages.
                                     --------
                      Exhibit Index appears on Page 12.
                                                    --
<PAGE>   2
   CLINTON GAS SYSTEMS, INC.
   AND SUBSIDIARIES

   Consolidated Balance Sheets
--------------------------------------------------------------------------------


<TABLE>
<CAPTION>
                                                     September 30,                                     
                                                        1995                              December 31,
ASSETS:                                              (Unaudited)                              1994
------------------------------------               ---------------                      ----------------
   <S>                                            <C>                                    <C>
CURRENT ASSETS:

 Cash and cash equivalents                            $1,029,000                           $1,169,000
 Receivables                                          11,980,000                           10,140,000
 Prepaid expenses and other                              484,000                            1,141,000
 Deferred income taxes                                   200,000                              486,000
 Costs in excess of billings on uncompleted wells              0                              301,000
                                                   ---------------                      ---------------
TOTAL CURRENT ASSETS                                  13,693,000                           13,237,000
                                                   ---------------                      ---------------
                                                    
PROPERTY - At Cost:                                 
 Proved natural gas and oil properties               53,993,000                           53,000,000
 Pipeline systems and other                          12,508,000                           12,330,000
 Land, building and improvements                      2,169,000                            2,097,000
 Well and field equipment                             2,736,000                            2,722,000
 Office equipment                                     1,983,000                            1,850,000
                                                   --------------                       --------------
 Total Property                                      73,389,000                           71,999,000
                                                    
 Accumulated depreciation, depletion                
  and amortization                                   40,399,000                           37,207,000
                                                   --------------                       --------------
PROPERTY - NET                                       32,990,000                           34,792,000
                                                   --------------                       --------------

INVESTMENTS IN REAL ESTATE                              612,000                            1,590,000
                                                   --------------                       --------------

OTHER ASSETS                                            565,000                              564,000
                                                   --------------                       --------------
TOTAL ASSETS                                        $47,860,000                          $50,183,000
                                                   ==============                       ==============
</TABLE>





                                        Page 2 of 13 pages.
<PAGE>   3
CLINTON GAS SYSTEMS, INC.
AND SUBSIDIARIES

Consolidated Balance Sheets
--------------------------------------------------------------------------------




<TABLE>
<CAPTION>
                                                       September 30,
                                                           1995                             December 31,               
LIABILITIES AND STOCKHOLDERS' EQUITY:                   (Unaudited)                             1994
-------------------------------------                ----------------                     ---------------
<S>                                                     <C>                                 <C>
CURRENT LIABILITIES:                               
                                                   
  Current maturities of long-term debt:                                                               
    Notes payable                                        $1,950,000                            $276,000
    Mortgages payable                                        70,000                             106,000
  Accounts payable                                       10,645,000                          10,210,000
  Accrued liabilities and expenses                        1,578,000                           1,089,000
  Receipts in excess of costs on uncompleted wells           45,000                                   0
  Accrued income taxes                                      266,000                                   0
                                                     ----------------                     ---------------
TOTAL CURRENT LIABILITIES                                14,554,000                          11,681,000
                                                     ----------------                     ---------------

LONG-TERM DEBT (Less current maturities):          
  Notes payable                                           8,715,000                          15,773,000
  Mortgages payable                                         945,000                           1,333,000
                                                     ----------------                     ---------------
TOTAL LONG-TERM DEBT                                      9,660,000                          17,106,000
                                                     ----------------                     ---------------

DEFERRED INCOME TAXES                                       506,000                             506,000
                                                     ----------------                     ---------------

STOCKHOLDERS' EQUITY:                              
                                                   
  Preferred stock, no par value; Authorized -      
    2,000,000 shares; Issued and oustanding - none.
  Common stock, $.0833 stated value; Authorized -  
    15,000,000 shares; Issued 1995 and 1994 -      
    6,175,000 shares                                        514,000                             514,000
  Additional paid-in capital                              7,552,000                           7,552,000
  Retained earnings                                      16,265,000                          13,949,000
                                                     ----------------                     ---------------
TOTAL                                                    24,331,000                          22,015,000
                                                   
   Less treasury stock of 532,000 and              
     517,000 shares, respectively, at cost               (1,191,000)                         (1,125,000)
                                                     ----------------                     ---------------

TOTAL STOCKHOLDERS' EQUITY                               23,140,000                          20,890,000
                                                     ----------------                     ---------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY              $47,860,000                         $50,183,000
                                                     ================                     ===============
</TABLE>





                              Page 3 of 13 pages.
<PAGE>   4
CLINTON GAS SYSTEMS, INC.
AND SUBSIDIARIES

Consolidated Statements of Income
For the Quarters Ended September 30, 1995 and 1994  (Unaudited)
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                        Quarters Ended September 30,                   
                                                                                          
                                                        1995                    1994   
                                                  ---------------         ---------------
<S>                                                  <C>                   <C>                                
REVENUE:                                                                                  
  Natural gas marketing                             $14,546,000             $17,826,000   
  Natural gas and oil sales                           6,919,000               2,934,000   
  Well operating, transportation and other              595,000                 989,000   
  Drilling                                            1,075,000                 874,000   
                                                  ---------------         ---------------
                                                                          
TOTAL REVENUE                                        23,135,000              22,623,000   
                                                  ---------------         ---------------                  
                                                                          
                                                                                          
COSTS AND EXPENSES:                                                                       
  Natural gas marketing                              13,686,000              17,412,000   
  Natural gas and oil production:                                                         
    Depreciation, depletion and amortization          1,016,000                 828,000   
    Production costs                                  1,133,000               1,139,000   
  Other costs and expenses                            2,009,000               1,098,000   
  Drilling                                            1,392,000               1,006,000   
  Selling, general and administrative expenses        1,060,000                 773,000   
                                                  ---------------         ---------------
TOTAL COSTS AND EXPENSES                             20,296,000              22,256,000   
                                                  ---------------         ---------------      
                                                                          
OPERATING INCOME                                      2,839,000                 367,000   
                                                                                          
OTHER INCOME (EXPENSE):                                                                   
  Interest expense                                     (349,000)               (344,000)   
  Interest, dividend, and other income                   24,000                   7,000   
                                                  ---------------         ---------------                 
                                                                          
  INCOME BEFORE INCOME TAXES                          2,514,000                  30,000   
                                                                                          
INCOME TAXES (BENEFIT)                                  575,000                (30,000)   
                                                  ---------------         ---------------                              
                                                                          
NET INCOME                                           $1,939,000                 $60,000   
                                                  ===============         ===============
                                                                          
NET INCOME PER COMMON SHARE                              $0.343                  $0.011   
                                                  ===============         ===============
WEIGHTED AVERAGE NUMBER OF COMMON                                                         
  SHARES OUTSTANDING                                  5,651,000               5,658,000   
                                                  ===============         ===============
</TABLE>





                             Page 4 of 13 pages.
<PAGE>   5
CLINTON GAS SYSTEMS, INC.
AND SUBSIDIARIES

Consolidated Statements of Income
For the Nine Months Ended September 30, 1995 and 1994  (Unaudited)
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                      Nine Months Ended September 30,                   
                                                                                          
                                                        1995                    1994   
                                                  ---------------         ---------------
<S>                                                  <C>                   <C>                                
REVENUE:                                                                                  
  Natural gas marketing                             $44,818,000             $66,516,000   
  Natural gas and oil sales                          13,783,000               8,385,000   
  Well operating, transportation and other            2,324,000               2,803,000   
  Drilling                                            2,467,000               1,842,000   
                                                  ---------------         ---------------
                                                                          
TOTAL REVENUE                                        63,392,000              79,546,000   
                                                  ---------------         ---------------                  
                                                                          
                                                                                          
COSTS AND EXPENSES:                                                                       
  Natural gas marketing                              42,576,000              64,951,000   
  Natural gas and oil production:                                                         
    Depreciation, depletion and amortization          3,124,000               2,433,000   
    Production costs                                  3,478,000               3,162,000   
  Other costs and expenses                            4,410,000               3,320,000   
  Drilling                                            3,212,000               1,981,000   
  Selling, general and administrative expenses        2,607,000               2,830,000   
                                                  ---------------         ---------------
TOTAL COSTS AND EXPENSES                             59,407,000              78,677,000   
                                                  ---------------         ---------------      
                                                                          
OPERATING INCOME                                      3,985,000                 869,000   
                                                                                          
OTHER INCOME (EXPENSE):                                                                   
  Interest expense                                   (1,094,000)               (917,000)   
  Interest, dividend, and other income                   49,000                  20,000   
                                                  ---------------         ---------------                 
                                                                          
INCOME (LOSS) BEFORE INCOME TAXES                     2,940,000                 (28,000)  
                                                                                          
INCOME TAXES (BENEFIT)                                  624,000                (145,000)   
                                                  ---------------         ---------------                              
                                                                          
NET INCOME                                           $2,316,000                $117,000   
                                                  ===============         ===============
                                                                          
NET INCOME PER COMMON SHARE                              $0.410                  $0.021   
                                                  ===============         ===============
WEIGHTED AVERAGE NUMBER OF COMMON                                                         
  SHARES OUTSTANDING                                  5,655,000               5,658,000   
                                                  ===============         ===============
</TABLE>







                             Page 5 of 13 pages.
<PAGE>   6
CLINTON GAS SYSTEMS, INC.
AND SUBSIDIARIES

Consolidated Statements of Cash Flows
for the Nine Months Ended September 30, 1995 and 1994 (Unaudited)
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                                            Nine Months Ended September 30,
OPERATING ACTIVITIES                                                                           1995               1994
----------------------------------------------------------------------                    --------------     --------------
<S>                                                                                         <C>               <C>
Net income (loss)                                                                           $2,316,000           $117,000
                                                                                                                 
Adjustments to reconcile net income (loss) to cash provided by operating activities:                              
    Depreciation, depletion, and amortization                                                4,152,000          3,167,000
    Provision (benefit) for deferred income taxes                                              286,000           (217,000)
    Loss from disposition of property and investments                                          207,000              7,000

Change in operating assets and liabilities:                                                                      
    (Increase) decrease in receivables                                                      (1,840,000)         4,178,000
    Decrease (increase) in prepaid expenses and other current assets                           657,000           (464,000)
    Decrease in costs in excess of billings on uncompleted wells                               301,000                  0
    Increase (decrease) in accounts payable                                                  1,058,000         (3,450,000)
    Increase in accrued liabilities and expenses                                               489,000             66,000   
    Increase (decrease) in receipts in excess of costs on uncompleted wells                     45,000           (474,000)  
    Increase (decrease) in accrued and deferred income taxes                                   266,000            (57,000)  
    Increase in deferred income                                                                      0             17,000
                                                                                          --------------     --------------        
Net cash provided by operating activities                                                    7,937,000          2,890,000
                                                                                          --------------     --------------       
                                                                                                              
INVESTING ACTIVITIES                                                                                          
----------------------------------------------------------------------                                        
Purchase of property                                                                        (3,152,000)        (2,850,000)
Proceeds from sale of property                                                               1,054,000            135,000
Changes in other assets                                                                        (25,000)           (11,000)
                                                                                          --------------     --------------   
Net cash (used in) investing activities                                                     (2,123,000)        (2,726,000)
                                                                                          --------------     --------------         
                                                                                                              
FINANCING ACTIVITIES                                                                                          
----------------------------------------------------------------------
Proceeds from notes and mortgages payable                                                   10,215,000         15,400,000
Principal payments on notes and mortgages payable                                          (16,102,000)       (15,804,000)
Purchase of Treasury Stock                                                                     (67,000)                 0
                                                                                          --------------     --------------        
Net cash (used in) financing activities                                                     (5,954,000)          (404,000)
                                                                                          --------------     --------------       
(Decrease) in cash and cash equivalents                                                       (140,000)          (240,000)
Cash and cash equivalents at beginning of year                                               1,169,000          1,103,000
                                                                                          --------------     --------------        
Cash and cash equivalents at end of period                                                  $1,029,000           $863,000
                                                                                          ==============     ==============   
</TABLE>





                             Page 6 of 13 pages.
<PAGE>   7
CLINTON GAS SYSTEMS, INC. AND SUBSIDIARIES
------------------------------------------

SUPPLEMENTAL DISCLOSURES TO CONSOLIDATED STATEMENTS OF CASH FLOWS
-----------------------------------------------------------------


ACCOUNTING POLICIES : The Company considers all highly liquid investments with
a maturity of three months or less when purchased to be "cash equivalents."


NON-CASH INVESTING AND FINANCING ACTIVITIES :  The Company incurred capital
lease and other obligations of $80,000 and $150,000, respectively, for the nine
months ended September 30, 1995 and 1994 in connection with agreements to
purchase equipment.  Included in accounts payable at December 31, 1994 is an
unpaid liability of $623,000 to purchase natural gas and oil properties.

INTEREST EXPENSE : The Company incurred interest expense and made interest
payments as follows:

<TABLE>
<CAPTION>
                                            Total Interest                    Total Interest
          Period                           Expense Incurred                   Payments Made
     ----------------                      ----------------                   -------------
<S>                                          <C>                                 <C>
Nine months ended
   September 30, 1995                        $1,114,000                          $915,000

Nine months ended
   September 30, 1994                          $936,000                          $826,000
</TABLE>


INCOME TAXES : The Company made income tax payments of $0 and $135,000,
respectively, for the nine months ended September 30, 1995 and 1994.





                             Page 7 of 13 pages.
<PAGE>   8

CLINTON GAS SYSTEMS, INC. AND SUBSIDIARIES
------------------------------------------


Notes to Interim Financial Statements


         1.)  In the opinion of management, the accompanying unaudited
         consolidated condensed financial statements contain all adjustments
         necessary to present fairly Clinton Gas Systems, Inc.'s financial
         position as of September 30, 1995, and the results of its operations
         and changes in cash flow for the nine months then ended.


         2.)  The results of operations for the nine months ended September 30,
         1995 are not necessarily indicative of the results to be expected for
         the full year.





                             Page 8 of 13 pages.
<PAGE>   9
                          CLINTON GAS SYSTEMS, INC.
                               AND SUBSIDIARIES
                                      
                   MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                FINANCIAL CONDITION AND RESULTS OF OPERATIONS



Liquidity and Capital Resources
-------------------------------
         In the third quarter of 1995 the Company received $4,186,000 from the
sale of its producer's contract rejection claim in the bankruptcy of Columbia
Gas Transmission Corp.  ("Columbia").  The proceeds were used to reduce the
Company's bank debt.  The Company has additional claims in the bankruptcy which
were not sold.  The total of the additional claims is approximately 10% to 12%
of the claims that were sold.  If the Plan of Reorganization of Columbia is
approved by creditors and confirmed by the Bankruptcy Court, the payment for
these claims should occur late in 1995 or in the first quarter of 1996.

         During 1995 the Company has participated in the successful completion
of 29 exploratory wells.  The wells are in projects sponsored by the Company or
outside industry partners.  The reserves from the exploratory discoveries
combined with reserve  acquisitions will  provide liquidity to the Company from
the future sale of natural gas and oil production.

         The Company's bank credit facility and cash flow from operations are
the major sources of funds to meet its financing requirements.  The net cash
provided by operating activities was $7,937,000 for the nine months ended June
30, 1995 compared to $2,890,000 for the 1994 period.  At September 30, 1995 the
Company had a $15,000,000 credit arrangement with its two banks and $8,400,000
had been borrowed.  The amount owed to banks at November 9, 1995 was
$9,500,000.  The credit line is reviewed semiannually and the credit is based
on estimated net revenues from the Company's proved developed natural gas and
oil reserves.  The credit agreement contains restrictive and other covenants
that relate to the operations of the Company.  The Company was in compliance
with all restrictions and debt covenants at September 30, 1995.

         The Company's current ratio of working capital decreased to .94 to
1.00 at September 30, 1995 from 1.13 to 1.00 at December 31, 1995.  The
decrease was due to the reclassification of $1,680,000 of debt on the credit
facility to current from long term.

         Capital expenditures were $2,609,000 for the first nine months of 1995
compared to $3,000,000 for the similar period in 1994.  In 1995 approximately
$1,433,000 has been expended for the drilling and equipping of exploratory
wells and $214,000 for the acquisition of reserves.  The remaining 1995 capital
outlays consist of $962,000 for transportation systems and other expenditures.
During the third quarter of 1995 the Company purchased approximately 15,000
shares of its common stock for $66,000.  At September 30, 1995 the Company's
treasury stock consists of 532,000 shares at a cost of $1,191,000 or $2.24 per
share.





                             Page 9 of 13 pages.
<PAGE>   10
Results of Operations
---------------------
         Net income for the nine months was $2,316,000 or $.41 per share
compared to $117,000 or $.02 per share in 1994.  In the third quarter, net
income improved to $1,939,000 compared to $60,000 in 1994.  1995 includes the
settlement and subsequent sale of the Company's bankruptcy claim against
Columbia.  Operating income for the nine months also rose to $3,985,000 in 1995
from $869,000 in 1994.

         Revenues from natural gas marketing for the nine months decreased to
$44,818,000 in 1995 from $66,516,000 in 1994.  The change was due to a 17%
decrease in volumes sold, combined with an 18% decrease in the average price of
natural gas sold.  For the third quarter, revenues decreased to $14,546,000 in
1995 from $17,826,000 in 1994, primarily from lower average prices.
Year-to-date purchases of natural gas declined to $42,576,000 in 1995 from
$64,951,000 in 1994 as a result of the lower volumes purchased combined with a
21% decrease in the average price paid for natural gas supplies.  Costs
decreased to $13,686,000 in the third quarter from $17,412,000 in 1994 due to
lower supply  prices.  As a result of these factors, the year-to-date operating
income from gas marketing activities improved by $677,000 to $2,242,000 in 1995
from $1,565,000 in 1994.  In the current quarter, operating income increased to
$860,000 from $414,000 in 1994.

         Natural gas and oil production revenues for the nine months increased
by $5,398,000 to $13,783,000 in 1995 from $8,385,000 in 1994.  1995 includes
$4,186,000 related to the Company's settlement and subsequent sale of its
bankruptcy claim against Columbia. The remaining change in year-to-date
revenues was due to increased production, offset, in part by lower sales
prices.  Revenues increased by $1,788,000 as a result of greater production and
net decreases in average prices reduced revenues by $576,000.  The weighted
average sales price of natural gas decreased to $2.24 per MCF in 1995 from
$2.58 in 1994.  The average price of oil improved to $16.76 in 1995 from $15.83
in 1994.  For the third quarter of 1995, revenues increased by $3,985,000 to
$6,919,000 from $2,934,000 in 1994.  The 1995 quarter includes the sale of the
settlement from Columbia.  The remaining change in revenues was primarily due
to lower prices for natural gas.  Depreciation, depletion and amortization of
natural gas and oil properties increased to $3,124,000 in 1995 from $2,433,000
in the prior year.  Third quarter expenses rose to $1,016,000 from $828,000 in
1994.  The increase was due to greater amortization for exploratory wells
combined with higher amortization for older wells.  Production costs for the
nine months increased  by 10% to $3,478,000 in 1995 from $3,162,000 due to the
Company's participation in a greater number of wells.  The year-to-date
operating income from natural gas and oil sales increased to $7,181,000 in 1995
from $2,790,000 in 1994.  For the third quarter, operating income improved to
$4,770,000 compared to $967,000 in 1994.

         Well operating, transportation and other revenue includes well
operating and servicing activities, transportation systems and real estate
operations.  Year-to-date revenues decreased by $479,000 to $2,324,000 in 1995
from $2,803,000 in 1994.  1995 includes a loss of $187,000 from the sale of the
Company's interest in sixty oil and gas wells in the third quarter of 1995.
The remaining change was primarily due to lower transportation income of
$100,000 from reduced usage on pipeline systems and lower billings of field and
pumping services of $192,000.





                             Page 10 of 13 pages.
<PAGE>   11
In the third quarter of 1995, revenues decreased to $595,000 from $989,000 in
1994.  The change was due to the $187,000 loss incurred from the sale of the
wells explained above combined with reduced billings of operating fees to
uneconomic wells.

         Other costs include expenses related to operating and managing
producing wells, maintenance of transportation systems, real estate operations
and support costs for exploratory activities.  Costs for the nine months
increased to $4,410,000 in 1995 from $3,320,000 in 1994.  Approximately,
$760,000 of the increase was due to greater seismic expenditures and personnel
costs related to the Company's exploratory activities.  The remaining increase
was due to higher costs in providing field services to wells.  Third quarter
costs increased to $2,009,000 from $1,098,000 in 1994.  Exploratory costs
increased by $738,000 due to greater seismic expense in the current quarter and
lower gains from the sale of interests in exploratory prospects.  The remaining
change was due to higher personnel costs of maintaining wells.

         Revenues from drilling and completion activities for the nine months
increased to $2,467,000 in 1995 from $1,842,000 in 1994.  Related drilling
costs rose to $3,212,000 from $1,981,000 in 1994.  The increase in revenues and
costs was due to a greater number of exploratory wells drilled in 1995.  The
Company incurred operating losses of $745,000 in 1995 and $139,000 in 1994 as a
result of dry hole costs on exploratory wells.  In the current quarter, the
losses from exploratory dry holes were $317,000 for 1995 and $132,000 for 1994.

         Selling, general and administrative expenses for the nine months
decreased by $223,000 to $2,607,000 in 1995 from $2,830,000 in 1994.  1994
included an uncollectible account of $332,000 from an industrial gas customer.
The remaining change was due to higher personnel costs of $260,000, partially
offset by $68,000 of lower costs for gas marketing activities and $83,000 in
reduced expenses for other administrative areas.  Costs in the third quarter
increased to $1,060,000 from $773,000 in the 1994 quarter primarily from higher
personnel costs.

         Year-to-date interest expense increased by $177,000 to $1,094,000 in
1995 from $917,000 in 1994 due to higher interest rates, partially offset by
lower debt levels.  The weighted average interest rate on the Company's credit
facility increased to 8.97% from 6.96% in 1994.  The weighted average debt
level decreased to $12,623,000 in 1995 from $12,858,000 in 1994.

         The Company's year-to-date federal income tax expense was $624,000 in
1995 compared to a benefit of $145,000 in 1994.  The amounts for both periods
include the tax benefit of percentage depletion that is earned by the Company
during the year.





                             Page 11 of 13 pages.
<PAGE>   12
                          PART II OTHER INFORMATION
                          -------------------------            
                          CLINTON GAS SYSTEMS, INC.
                               AND SUBSIDIARIES
                                      

Item 1.      Legal Proceedings.
-------------------------------
                 N/A


Item 2.      Changes in Securities.
-----------------------------------
                 N/A


Item 3.      Defaults Upon Senior Securities.
---------------------------------------------
                 N/A


Item 4.      Submission of Matters to a Vote of Security Holders.
-----------------------------------------------------------------
                 N/A


Item 5.      Other Information.
-------------------------------
                 N/A


Item 6.      Exhibits and Reports on Form 8-K.
----------------------------------------------
                 N/A





                             Page 12 of 13 pages.
<PAGE>   13
                          CLINTON GAS SYSTEMS, INC.
                               AND SUBSIDIARIES
                                      
                                      
                                      
                                      
                                  SIGNATURES
                                  ----------

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                                     CLINTON GAS SYSTEMS, INC.
                                                     -------------------------
                                                            (Registrant)





Date: ____________________           ______________________________________
                                     Jerry D. Jordan, Chairman of the Board




Date: ____________________           ______________________________________
                                     Donald A. Nay, Vice President, Treasurer, 
                                     Chief Financial Officer





                             Page 13 of 13 pages.