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Oil & Gas Co. Urges Texas High Court To Nix Equipment Tax

By Jess Krochtengel (March 8, 2016, 8:47 PM EST) -- A subsidiary of Clayton Williams Energy on Tuesday told the Texas Supreme Court it's entitled to a tax exemption for the equipment it uses to extract hydrocarbons from underground reservoirs, arguing it processes the minerals and thus qualifies for the exemption under state law....

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