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[Federal Register: April 28, 1998 (Volume 63, Number 81)]
[Notices]
[Page 23281-23282]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28ap98-52]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket Nos. SA98-71-001 and SA98-71-002]
Graham-Michaelis Corporation; Notice of Amendment To Petition for
Adjustment and Request for Extension of Time
April 22, 1998.
Take notice that on March 26, 1998, Graham-Michaelis Corporation
(GMC), filed a second supplement amending its March 10, 1998, petition
for adjustment, pursuant to Section 502(c) of the Natural Gas Policy
Act of 1978 (NGPA), regarding its Kansas ad valorem refund liability
and the refund liability of the working interest owners for whom GMC
operated.\1\ On September 10, 1997, the Commission issued an order in
Docket No. RP97-369-000, et al.,\2\ order on remand from the D.C.
Circuit Court of Appeals,\3\ directing first sellers to make Kansas ad
valorem tax refunds, with interest, for the period from 1983 to 1988.
GMC's March 10 petition, as amended, is on file with the Commission and
open to public inspection.
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\1\ As set forth in the March 10, petition, GMC's working
interest owners included: W.A. Michaelis, Jr. Revocable Trust; John
L. James Revocable Trust; Ross Beach; Dail C. West; Graham
Enterprises; William L. Graham Revocable Trust; Betty Harrison
Graham Revocable Trust; GrahamCo.; Paul Ward Trust ``B''; Margaret
L. Roberts; David M. Dayvault Revocable Trust; Jack L. Yinger
Revocable Trust; K & B Producers, Inc.; William Graham, Inc.;
William Graham, Jr.; Chas. A. Neal & Company; March Oil Company;
Minatome Corporation; Lake Forest Academy; and Melissa S. Elliott
Trust.
\2\ See 80 FERC para. 61,264 (1997); order denying reh'g, 82
FERC para. 61,058 (1998).
\3\ Public Service Company of Colorado v. FERC, 91 F.3d 1478
(D.C. Cir. 1996), cert. denied, 65 U.S.L.W. 3751 and 3754 (May 12,
1997) (Nos. 96-954 and 96-1230).
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The March 10 petition pertains to Kansas ad valorem tax refund
claims submitted to GMC by Colorado Interstate Gas Company (CIG), for
GMC and the working interest owners for whom GMC operated. GMC's March
10 petition requested that the Commission grant a 90-day extension of
the Commission's March 9, 1998, refund deadline, to allow GMC, its
working
[[Page 23282]]
interest owners and CIG to come to an agreement on the proper amount of
refunds due and to submit any unresolved dispute to the Commission. The
March 10 petition also requested that the Commission grant an
adjustment of its refund procedures:
(1) to allow GMC and its working interest owners a 1-year deferral
(until March 9, 1999) on the payment of principal and interest
attributable to royalties; and
(2) to allow GMC and its working interest owners to escrow refund
amounts presently in dispute, and (a) the principal and interest
attributable to royalty refunds which have not been collected, (b) the
principal and interest attributable to production prior to October 4,
1983, (c) the interest on royalty amounts that have been recovered from
the royalty owners where the principal has been refunded, and (d) the
interest on all reimbursed principal determined to be refundable as
being in excess of maximum lawful prices, excluding interest retained
under (a), (b), and (c) above.
As set forth in the March 10 petition, GMC stated that it prepared
schedules recalculating the aggregate total refund it believes is owed
to CIG ($359,688.28) and submitted this information to its working
interest owners.
GMC's March 13, 1998, first supplement to the March 10 petition
amended the March 10 petition by adding: 1) Frances B. Smith Trust; 2)
North Dakota University; and 3) Fred and June MacMurray Trust to the
list of working interest owners covered by the March 10 petition, and
by revising GMC's aggregate total refund calculation from $359,688.28
to $365,973.60.
GMC's March 26, 1998, second supplement to the March 10 petition
amended the petition by adding Notre Dame University to the list of
working interest owners covered by the March 10 petition, and by
further revising GMC's aggregate total refund calculation, from
$365,973.60 to $370,220.01.
Any person desiring to answer GMC's March 13 and March 26
amendments should file such answer with the Federal Energy Regulatory
Commission, 888 First Street, N.E., Washington, D.C. 20426, on or
before 15 days after the date of publication of this notice in the
Federal Register, in accordance with the Commission's Rules of Practice
and Procedure (18 CFR 385.213, 385.215, 385.1101, and 385.1106).
David P. Boergers,
Acting Secretary.
[FR Doc. 98-11171 Filed 4-27-98; 8:45 am]
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