98-7781. Quinque Oil & Gas Producing Company; Notice of Petition for Adjustment  

  • [Federal Register Volume 63, Number 57 (Wednesday, March 25, 1998)]
    [Notices]
    [Page 14454]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-7781]
    
    
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    DEPARTMENT OF ENERGY
    
    Federal Energy Regulatory Commission
    [Docket No. SA98-39-000]
    
    
    Quinque Oil & Gas Producing Company; Notice of Petition for 
    Adjustment
    
    March 19, 1998.
        Take notice that on March 9, 1998, Quinque Oil & Gas Producing 
    Company (Quinque), filed a petition for adjustment under section 502(c) 
    of the Natural Gas Policy Act of 1978 (NGPA),\1\ requesting on behalf 
    of certain working interest owners (First Sellers) \2\ for whom it 
    operated that the Commission:
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        \1\ 15 U.S.C. 3142(c) (1982).
        \2\ First Sellers are Quinque Oil & Gas Producing Co., John W. 
    Moore, Margaret C. Moore, Michael Moore, David O. Wilson, Jack E. 
    Engel Estate, Robert Hatcher Estate, Clarence and Margaret Hoeme, C. 
    Dale Stromquist, J & J Enterprises, Lyle Pringle Estate, and 
    Winifred Pringle.
    
        (1) Grant an extension of 90 days to allow First Sellers and 
    Panhandle Eastern Pipeline Company (PEPL) to resolve any dispute as 
    to the proper amount of the refund liability of First Sellers from 
    the Kansas ad valorem tax reimbursements set forth in the Statement 
    of Refunds Due (SRD) and to make refunds or to submit such dispute 
    to the Commission for resolution if the parties cannot resolve it 
    within such time, and
        (2) In order to stop the accrual of interest pending resolution 
    of disputes and legal issues, grant an adjustment to its procedures 
    to allow First Sellers to place into escrow account only any 
    disputed amount of the refund but also: (1) Principle and interest 
    on amounts of tax reimbursements received in years after the subject 
    well was deregulated, and (ii) principal and interest on amounts 
    attributable to production prior to October 4, 1983.
        First Sellers also request an order for reimbursement of the 1984 
    tax refund First Sellers have made to PEPL to the extent of any part of 
    its is hereafter deemed to be attributable to production prior to 
    October 4, 1983. Quinque also requests that it be determined that it 
    has no liability under the SRD except as to amounts attributable solely 
    to its own working interest. Quinque's petition is on file with the 
    Commission and open to public inspection.
        The Commission's September 10 order on remand from the D. C. 
    Circuit Court of Appeals \3\ directed first sellers under the NGPA to 
    make Kansas ad valorem tax refunds, with interest, for the period from 
    1983 to 1988. The Commission's September 10 order also provided that 
    first sellers would, with the Commission's prior approval, amortize 
    their Kansas ad valorem tax refunds over a 5-year period, although 
    interest would continue to accrue on any outstanding balance.
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        \3\ Public Service Company of Colorado v. FERC, 91 F.3d 1478 
    (D.C. 1996), cert. denied, Nos. 96-954 and 96-1230 (65 U.S.L.W. 3751 
    and 3754, May 12, 1997) (Public Service).
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        Any person desiring to be heard or to make any protest with 
    reference to said petition should on or before 15 days after the date 
    of publication in the Federal Register of this notice, file with the 
    Federal Energy Regulatory Commission, 888 First Street, N.E., 
    Washington, D.C. 20426, a motion to intervene or a protest in 
    accordance with the requirements of the Commission's Rules of Practice 
    and Procedure (18 CFR 385.214, 385.211, 385.1105, and 385.1106). All 
    protests filed with the Commission will be considered by it in 
    determining the appropriate action to be taken but will not serve to 
    make the protestants parties to the proceeding. Any person wishing to 
    become a party to a proceeding or to participate as a party in any 
    hearing therein must file a motion to intervene in accordance with the 
    Commission's Rules.
    David P. Boergers,
    Acting Secretary.
    [FR Doc. 98-7781 Filed 3-24-98; 8:45 am]
    BILLING CODE 6717-01-M
    
    
    

Document Information

Published:
03/25/1998
Department:
Federal Energy Regulatory Commission
Entry Type:
Notice
Document Number:
98-7781
Pages:
14454-14454 (1 pages)
Docket Numbers:
Docket No. SA98-39-000
PDF File:
98-7781.pdf