98-7782. Human Corporation; Notice of Petition for Adjustment and Extension of Time  

  • [Federal Register Volume 63, Number 57 (Wednesday, March 25, 1998)]
    [Notices]
    [Pages 14447-14448]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-7782]
    
    
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    DEPARTMENT OF ENERGY
    
    Federal Energy Regulatory Commission
    [Docket No. SA98-40-000]
    
    
    Human Corporation; Notice of Petition for Adjustment and 
    Extension of Time
    
    March 19, 1998.
        Take notice that on March 9, 1998, Human Corporation (Applicant) 
    and working interest owners (First Sellers), filed in Docket No. SA98-
    40-000 a petition for adjustment pursuant to
    
    [[Page 14448]]
    
    Section 502(c) of the Natural Gas Policy Act 15 U.S.C. 3412(c) and 
    Rules 1101-1117 of the Commission's Rules of Practice and Procedure (18 
    CFR 385.1101-385.1117) requesting, a 90-day extension to make refunds, 
    an adjustment to its procedures to defer payment of principal and 
    interest for one year, and an adjustment to its procedures to defer 
    payment of principal and interest for one year, and an adjustment to 
    its procedures to stop the accruing of interest, all a more fully set 
    forth in the petition which is on file with the Commission and open to 
    public inspection.
        Specifically, First Sellers requests that the Commission: (1) grant 
    a 90-day extension to try to resolve any disputes as to the proper 
    amount of the refund liability for the Kansas ad valorem tax 
    reimbursements and to make refunds or to submit such dispute to the 
    Commission for resolution if the parties cannot resolve the dispute 
    within such time; (2) grant an adjustment to its procedures to allow 
    First Sellers to defer payment of principal and interest attributable 
    to royalties for one year; and (3) grant an adjustment to its 
    procedures to allow First Sellers to place into an escrow account not 
    only any disputed amount of the refund but also, (i) principal and 
    interest attributable to royalty refunds which have not been collected 
    from royalty owners; (ii) principal and interest on amounts 
    attributable to production prior to October 4, 1983; and (iii) interest 
    on all other principal claimed to be due under the SRD.
        Applicant requests that it not be determined a working interest 
    owner or First Seller of any of the production with respect to which 
    the tax reimbursement were made and that it therefore has no liability 
    under the SRD. Applicant states that it owned no working interest in 
    the wells for which claims for refunds have been made and is therefore 
    not directed by the September 10 Order. As such, Applicant states that 
    it has no refund liability for the reimbursements listed in the SRD and 
    requests a determination to that fact.
        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. 98-7782 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:
98-7782
Pages:
14447-14448 (2 pages)
Docket Numbers:
Docket No. SA98-40-000
PDF File:
98-7782.pdf