King resources company Court severs 1969 contract between Consolidated Oil and Gas Incorporated of Denver and King Resources for Arctic oil and gas leases. RMN Ja 21, 1977 p.52 Assets regaining value, stock worth something after all. Details. RMN Ja 22, 1977 p.8,50 Post Ja 22, 1977 p.1,2 Outstanding stock to be cancelled and successor share issued. Details. Post Ja 25, 1977 p.12 Companies settle claim that $1.1 million was improperly diverted from bankrupt company. Post F 4, 1977 p.12