-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OVl7vrqdokL4BKAvi9d57pGSMdeHE07bgakgj4XgW1cpTEdFRFwqngW/ez3xr15A vGTwfEqqkYOXQYYVF7UMjA== 0000927356-98-000206.txt : 19980225 0000927356-98-000206.hdr.sgml : 19980225 ACCESSION NUMBER: 0000927356-98-000206 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980223 ITEM INFORMATION: FILED AS OF DATE: 19980224 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARKWEST HYDROCARBON INC CENTRAL INDEX KEY: 0001019756 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 841352233 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-21353 FILM NUMBER: 98547712 BUSINESS ADDRESS: STREET 1: 155 INVERNESS DRIVE WEST STREET 2: SUITE 200 CITY: ENGLEWOOD STATE: CO ZIP: 80112-5004 BUSINESS PHONE: 3032908700 MAIL ADDRESS: STREET 1: 155 INVERNESS DRIVE WEST STREET 2: SUITE 200 CITY: ENGLEWOOD STATE: CO ZIP: 80112-5004 8-K 1 MARKWEST FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) February 23, 1998 (February 20, 1998) MARKWEST HYDROCARBON, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE 1-11566 84-1352233 (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification Number) 155 INVERNESS DRIVE WEST, SUITE 200, ENGLEWOOD, CO 80112-5004 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 303-290-8700 ITEM 5. OTHER EVENTS On February 20, 1998, MarkWest Hydrocarbon, Inc. issued the following press release: MARKWEST HYDROCARBON FILES FOR ARBITRATION REGARDING OPERATIONS IN APPALACHIA DENVER (February 20, 1998) MarkWest Hydrocarbon, Inc. (NASDAQ: MWHX) filed arbitration proceedings to resolve issues with Columbia Gas Transmission Corporation regarding three natural gas processing plants in Appalachia. In this arbitration, MarkWest requests a declaration of rights and status to clarify agreements between the companies. Issues arose during ongoing negotiations between MarkWest and Columbia to finalize terms of a 1997 preliminary agreement in which, among other things, Columbia agreed to sell its Cobb Plant to MarkWest and to transfer from Columbia to MarkWest the operation of the Boldman Plant. These issues also include matters regarding operations at the Kenova Plant. MarkWest owns the Boldman and Kenova plants. "Our intention in taking over operations at these plants is to assist Columbia in their rate settlement and to possibly increase our liquids processing business on Columbia's transmission system," MarkWest President and Chief Executive Officer John Fox said. "The initial economic effect in taking over operations is neutral. Columbia and MarkWest continue to have several ongoing contracts, the most important of which extends through the year 2010. Although it is too early to predict the outcome of arbitration or the length of the process, we expect it will have minimal effect on MarkWest in the interim." MarkWest will undertake to make further disclosure as more material facts and information become available. MarkWest Hydrocarbon, Inc., provides natural gas processing and related services. This includes compression, gathering, treatment and natural gas liquids extraction services to natural gas producers and pipeline companies and fractionation of NGLs into marketable products. MarkWest also purchases, stores and markets natural gas and NGLs and has started strategic exploration for new natural gas sources for its processing services. Since its founding in 1988, MarkWest has grown substantially. MarkWest is the largest processor of natural gas in Appalachia and in 1996 established a new core area in Michigan. ### SIGNATURES ---------- Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MARKWEST HYDROCARBON, INC. (Registrant) Date: February 23, 1998 BY: /s/ Gerald A. Tywoniuk ------------------------------------- Gerald A. Tywoniuk Chief Financial Officer and Vice President of Finance (On Behalf of the Registrant and as Principal Financial and Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----