-----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, Q3dISI+o4QC7LSSR1tvh/YCpcgG4zIfbA/l4XYCJiIVw7zQR4H4N1jjkLxoQK8/5 8NpAt4wMIRnkVw2w3JMQmg== 0000950129-06-007148.txt : 20060714 0000950129-06-007148.hdr.sgml : 20060714 20060714145528 ACCESSION NUMBER: 0000950129-06-007148 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060710 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20060714 DATE AS OF CHANGE: 20060714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BASIC ENERGY SERVICES INC CENTRAL INDEX KEY: 0001109189 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 542091194 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32693 FILM NUMBER: 06962491 BUSINESS ADDRESS: STREET 1: 400 W. ILLINOIS, SUITE 800 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 4326205500 MAIL ADDRESS: STREET 1: 400 W. ILLINOIS, SUITE 800 CITY: MIDLAND STATE: TX ZIP: 79701 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA WELL SERVICE INC DATE OF NAME CHANGE: 20000313 8-K 1 h37857e8vk.htm FORM 8-K - CURRENT REPORT e8vk
 

 
 
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): July 10, 2006
Basic Energy Services, Inc.
(Exact name of registrant as specified in its charter)
         
Delaware   1-32693   54-2091194
(State or other jurisdiction of   (Commission   (IRS Employer
incorporation)   File Number)   Identification No.)
         
400 W. Illinois, Suite 800        
Midland, Texas       79701
(Address of principal executive offices)       (Zip Code)
Registrant’s telephone number, including area code: (432) 620-5500
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 1.01 Entry into a Material Definitive Agreement
     On July 10, 2006, we entered into amended employment agreements with Dub W. Harrison, Vice President — Equipment and Safety, and Charles W. Swift, Senior Vice President — Rig and Truck Operations, effective July 1, 2006 through June 2009. Pursuant to these agreements, Mr. Harrison is entitled to an annual salary of $150,000 and Mr. Swift is entitled to an annual salary of $200,000. Under these agreements, if the officer’s employment is terminated for certain reasons, he would be entitled to a lump sum severance payment equal to six months’ salary, or 18 months’ salary if termination is on or following a change of control of our company.
Item 7.01 Regulation FD Disclosure.
     In the continuing effort to adapt to the growing size and complexity of our business and streamline our organizational processes, effective July 10, 2006, Charles W. Swift, our former Vice President — Permian, was named Senior Vice President — Rig and Truck Operations.
     Pursuant to General Instruction B.2 of Form 8-K and Securities and Exchange Commission Release No. 33-8176, the foregoing information is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, but is instead furnished for purposes of that instruction.

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SIGNATURES
     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 hereunto duly authorized.
         
  Basic Energy Services, Inc.
 		  
Date: July 14, 2006  By:   /s/ Alan Krenek    
    Alan Krenek   
    Senior Vice President, Chief Financial Officer, Treasurer and Secretary   
 

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