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June 29, 2004
NEW YORK, NY, June 29, 2004 - The stockholders of Kerr-McGee Corp. (NYSE: KMG) and Westport Resources Corp. (NYSE: WRC) approved the merger of the companies on June 25, 2004 during special meetings of the stockholders of each company. The transaction now has been completed.
Covington & Burling represented Kerr-McGee Corp., an Oklahoma City-based oil and natural gas producer, in its acquisition of Westport Resources Corporation.
According to Kerr-McGee's news release, Kerr-McGee's executive management team members will continue in their current roles, and the company will retain the name Kerr-McGee Corporation, maintaining its headquarters in Oklahoma City. The company's oil and gas operations will continue to be based in Houston, with primary regional offices in Denver; Dallas; Aberdeen, Scotland; and Beijing.
Covington's legal team was led by Scott Smith and Stephen Infante, and included Peter Schwartz, Jamaal Lesane (m&a); Elizabeth Kessenides, Mike Levy, Alison Wang (tax); Mike Francese, Mike Hadley (benefits); and George Chester (antitrust).