[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