Kerr-McGee [SEP] dissolved or abolished
Kerr-McGee
The Kerr-McGee Corporation, founded in 1929, was an American energy company involved in oil exploration, production of crude oil, natural gas, perchlorate and uranium mining and milling in various countries. On June 23, 2006, Anadarko Petroleum Corporation acquired Kerr-McGee in an all-cash transaction totaling $16.5 billion plus $2.6 billion in debt and all operations moved from their base in Oklahoma, United States.
History.
The company later known as Kerr-McGee was founded in 1929
McGee held substantial mineral rights on the Navajo Nation and filed a lawsuit in the federal district court seeking an injunction to prohibit the tribe from collecting the tax. Kerr-McGee argued that any tax of non-Indians by a tribe required approval by the Secretary of the Interior and the district court agreed, granting the injunction. The tribe appealed to the Ninth Circuit Court of Appeals. The Ninth Circuit overruled the district court, finding no federal statute or regulation required such approval. Kerr-McGee then appealed to the Supreme Court