chairman and chief executive officer.
On May 20, a Los Angeles Superior Court judge granted a stay in the case against Kerr-McGee
for the two sides to resolve the conflict out of court.
Fitch originally placed Kerr-McGee
on Watch Positive on June 23, 2006.
com , or investor, Rick Buterbaugh, +1-405-270-3561, or John Kilgallon, +1-405-270-3521, all of Kerr-McGee
30, 2001, in Los Angeles Superior Court, Newhall Land accused Kerr-McGee
and Medallion of shirking their obligation to ``restore the ground to safe and clean condition.
stockholders of record as of the close of business today will receive $70.
The password for both the dial-in numbers will be Kerr-McGee
The password for both dial-in numbers will be Kerr-McGee
With the completion of the separation of Tronox, Kerr-McGee
is now a pure-play oil and natural gas exploration and production company," said Luke R.
The rating action reflects the rapidly improving credit profile of Kerr-McGee
in recent weeks as the company continues to reduce its term loan balances through the proceeds from asset sales.
vice president of exploration and production.
Fitch has also assigned a 'BB' senior secured rating to Kerr-McGee