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Oil Company Loses

 

In the Wall Street Journal by Russell Gold (Kerr-McGee Loses Royalties Ruling). Sept. 22, 2010 ({MP} pg. B9). A major offshore oil drilling company lost a ruling on its drilling practices.  An external audit revealed that Kerr-McGee artificially impacting the value of the oil and gas it produced. A government whistleblower received a financial reward for helping with the matter. (Bobby Maxwell, Gregory Goldberg, wsjreview.com) 3.



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