[Federal Register Volume 63, Number 57 (Wednesday, March 25, 1998)]
[Notices]
[Pages 14450-14451]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-7793]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. SA98-52-000]
Kansas Petroleum, Inc.; Notice of Petition for Adjustment
March 19, 1998.
Take notice that on March 9, 1998, Kansas Petroleum, Inc., E.N.
Diderich Trust, James E. Rhude, and Rhude & Fryberger, Inc.
(Applicants), filed in Docket No. SA98-52-000 a petition for adjustment
pursuant to 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 to be relieved from any
further refund liability not heretofore paid for the Kansas ad valorem
tax reimbursements set forth in a Statement of Refunds Due submitted to
Kansas Petroleum, Inc. by KN Interstate Transmission Co. Pending
determination of this request, Applicants also request that they be
permitted to place in an escrow account the amount of interest on the
refund liability as calculated by them, all as more fully set forth in
the petition which is on file with the Commission and open to public
inspection.
Applicants state that, in a Settlement Agreement dated January 16,
1989, with
[[Page 14451]]
K N Energy, Inc., reimbursement have already been made for the 14 wells
involved. As such, Applicants ask that the mutual release be fully
enforced and that Applicants be released of refund liability as to
total refund amount, both principal and interest. However, Applicants
state that they are willing to refund and have refunded the principal
of the excess reimbursements in accordance with their calculations.
Also, Applicants indicate that the interest on the refunds creates a
hardship and are unfair. Applicants are depositing in an escrow account
the amount of interest on their principal liability and ask that their
deposit of funds into the escrow account be approved.
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. Boerges,
Acting Secretary.
[FR Doc. 98-7793 Filed 3-24-98; 8:45 am]
BILLING CODE 6717-01-M
