epc8k05192008.htm
 
 


UNITED STATES SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549 
 
 

  
FORM 8-K 
 
 
CURRENT REPORT 
 
 
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 
 
Date of Report:   May 19, 2008
   
 

 
El Paso Corporation Logo
 
EL PASO CORPORATION 
(Exact name of Registrant as specified in its charter)
 
Delaware
 
1-14365
 
76-0568816
(State or other jurisdiction of
incorporation or organization)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
 
El Paso Building
1001 Louisiana Street
Houston, Texas 77002
 
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code (713) 420-2600
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
Item 8.01 Other Information
 
On October 17, 2005, our wholly-owned indirect subsidiary, El Paso Natural Gas Company (EPNG) announced the expiration of its consent agreement with the Navajo Nation covering rights-of-way crossing lands held by the United States in trust for the Nation.  On January 17, 2006, EPNG announced it had reached an interim agreement with the Navajo Nation extending the tribal consent agreement from October 17, 2005 to December 31, 2006, which allowed negotiations on a long-term renewal to continue.
 
On May 14, 2008, EPNG and the Navajo Nation executed a preliminary agreement on the fundamental economic terms of a tribal consent extension through October 17, 2025.  Under the preliminary agreement, EPNG will make payments to the Nation covering the period from January 1, 2007 through October 17, 2008.  The parties also undertake to achieve, in good faith, a final agreement by June 30, 2008. The final outcome of those efforts cannot be determined at this time.
 
Approximately 900 looped miles of the northern mainline of our pipeline system traverse lands held in trust by the United States for the Navajo Nation.  Those lands are the subject of various right-of-way agreements between us and the United States, with the consent of the Navajo Nation.


 
 

 

SIGNATURES 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.  
 
 
EL PASO CORPORATION
     
     
 
By:
/s/ John R. Sult
   
John R. Sult
   
Senior Vice President and Controller
   
(Principal Accounting Officer)
 
Dated:  May 19, 2008