Union Pacific Resources Co. v. State Board of Equalization

THOMAS, Justice.

Union Pacific Resources Company (UPRC) here charges the Wyoming State Board of Equalization (Board) with acting illegally in declining to exercise jurisdiction to decide UPRC’s petition for a declaration concerning the point of valuation to determine taxable value for oil and gas production. After this court’s decision in Union Pacific Resources Co. v. State of Wyoming, 839 P.2d 356 (Wyo. 1992), (UPRC I), UPRC filed its petition seeking a determination of the point of valuation, which the Board dismissed. The Board ruled, in the absence of appropriate rules for proceedings in…