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re: Pipeline on farmland
Posted on 12/21/22 at 6:27 am to TigerGyp
Posted on 12/21/22 at 6:27 am to TigerGyp
Some farmers and cattlemen south of Carlyss told me that Kinder Morgan was a tough negotiator.
We have a twenty (20) year ROW agreement with a subsidiary of CITGO due to expire in 2023. Payment was $800 per rod in 2003 and is about $1475 in today's dollars. I think our market price might be in the $1600 category. We are not looking to gouge anyone either. They have been a good corporate "partner."
I will be pleased to get you that template with other non-confidential information that I can share. My family has had some expropriation proceedings that I cannot per terms of the settlements.
We have a twenty (20) year ROW agreement with a subsidiary of CITGO due to expire in 2023. Payment was $800 per rod in 2003 and is about $1475 in today's dollars. I think our market price might be in the $1600 category. We are not looking to gouge anyone either. They have been a good corporate "partner."
I will be pleased to get you that template with other non-confidential information that I can share. My family has had some expropriation proceedings that I cannot per terms of the settlements.
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