-----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, RTt/pFmjJto4OF2of+IM3jKeBkciZWHMUHuQHlU3N8sPLr2e2duFlvJwx8gi4N6m 3Md1eU2U6jfE9/ObyZiq6A== 0001015402-02-001099.txt : 20020415 0001015402-02-001099.hdr.sgml : 20020415 ACCESSION NUMBER: 0001015402-02-001099 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020401 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIGHAM EXPLORATION CO CENTRAL INDEX KEY: 0001034755 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752692967 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22433 FILM NUMBER: 02600667 BUSINESS ADDRESS: STREET 1: 6300 BRIDGE POINT PARKWAY STREET 2: BLDG 2 SUITE 500 CITY: AUSTIN STATE: TX ZIP: 78730 BUSINESS PHONE: 5124273300 MAIL ADDRESS: STREET 1: 6300 BRIDGE POINT PARKWAY STREET 2: BLDG 2 SUITE 500 CITY: AUSTIN STATE: TX ZIP: 78730 8-K 1 doc1.txt ================================================================================ 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): APRIL 1, 2002 BRIGHAM EXPLORATION COMPANY (Exact name of registrant as specified in its charter) DELAWARE 000-22433 75-2692967 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 6300 BRIDGEPOINT PARKWAY BUILDING TWO, SUITE 500 AUSTIN, TEXAS 78730 (Address, including zip code, of principal executive offices) RegistrantSec.s telephone number, including area code: (512) 427-3300 ================================================================================ ITEM 5. OTHER EVENTS. On April 1, 2002, the Registrant issued a press release announcing that it has regained surface control of its Providence Field development well. The full text of the press release which is set forth in Exhibit 99.1 hereto is filed and incorporated in this Report as if fully set forth herein. 1 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits Item Exhibit ---- ------- 99.1* Press Release dated April 1, 2002. _______ * filed herewith. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BRIGHAM EXPLORATION COMPANY Date: April 2, 2002 By: /s/ Curtis F. Harrell ------------------------ Curtis F. Harrell Executive Vice President & Chief Financial Officer 3 INDEX TO EXHIBITS Item Number Exhibit ------------ ------- 99.1* Press Release dated April 1, 2002. EXHIBIT 99.1 [GRAPHIC OMITED] BRIGHAM NEWS RELEASE Exploration Company FOR IMMEDIATE RELEASE BRIGHAM EXPLORATION REGAINS SURFACE CONTROL OF PROVIDENCE FIELD DEVELOPMENT WELL ================================================================================ Austin, TX -- (PRNewswire) - April 1, 2002 -- Brigham Exploration Company (NASDAQ:BEXP) today provided an update on the well control incident at its Burkhart #1 development well in its Providence Field, Matagorda County, Texas. PROVIDENCE FIELD DEVELOPMENT On Sunday, March 24, 2002, Brigham experienced a loss of surface control while drilling the Burkhart #1, its first offset to the Staubach #1 discovery well for the Providence Field. On March 29, 2002, and prior to completion of capping operations, the Burkhart #1 well bridged off naturally. Subsequently, additional blow out prevention equipment was installed and the well was shut in. Brigham is currently moving the drilling rig to commence the drilling of a relief/replacement well to intersect and cement the Burkhart #1 borehole over the Middle Frio interval that generated the uncontrolled flow. Brigham plans to continue drilling deeper to test another potential pay sand prior to encountering the Lower Frio sands currently producing in the Staubach #1. Brigham expects results from drilling the relief/replacement well by late May. Bud Brigham, Brigham's CEO and President, commented, "Obviously, we are very pleased to have capped the surface flow of the Burkhart #1 without significant injuries or harm to the environment. We're very eager to re-drill the pay we encountered in the Burkhart #1. In addition, we also want to test a deeper sand that provides prolific production just a few miles away. We're hopeful that we can drill this deeper potential pay sand prior to drilling into our primary objective, the Lower Frio pay interval that is currently producing at exceptional rates from our Staubach #1 well. Therefore, while the problems we've experienced in drilling our first development well in our Providence Field have delayed the onset of additional production volumes, they've also demonstrated that the reserve potential of this large structure is not limited to the pay intervals currently producing in our Staubach #1 discovery well." ABOUT BRIGHAM EXPLORATION Brigham Exploration Company is an independent exploration and production company that applies 3-D seismic imaging and other advanced technologies to systematically explore and develop onshore domestic natural gas and oil provinces. For more information about Brigham Exploration, please visit our website at www.bexp3d.com or contact Investor Relations at 512-427-3444. FORWARD LOOKING STATEMENTS DISCLOSURE Except for the historical information contained herein, the matters discussed in this news release are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations. Important factors that could cause actual results to differ materially from those in the forward looking statements include risks inherent in exploratory drilling activities, the timing and extent of changes in commodity prices, unforeseen engineering and mechanical or technological difficulties in drilling wells, availability of drilling rigs, land issues, federal and state regulatory developments and other risks more fully described in the company's filings with the Securities and Exchange Commission. All forward looking statements contained in this release, including any forecasts and estimates, are based on management's outlook only as of the date of this release, and we undertake no obligation to update or revise these forward looking statements, whether as a result of subsequent developments or otherwise. Contact: John Turner, Manager - Finance & Investor Relations (512) 427-3300 / investor@bexp3d.com ------------------- -----END PRIVACY-ENHANCED MESSAGE-----