-----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, V1MuQX/D6gxR4EbmkMiHC0PWbv1bVmSndMo7l9IhAgdH0czMKy2mM9Z3WJWwQ+FK QF0z+SZU/1QoUnIT5POD7A== 0001046375-00-000005.txt : 20000307 0001046375-00-000005.hdr.sgml : 20000307 ACCESSION NUMBER: 0001046375-00-000005 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000218 ITEM INFORMATION: FILED AS OF DATE: 20000303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTH TEXAS DRILLING & EXPLORATION INC CENTRAL INDEX KEY: 0000320575 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 742088619 STATE OF INCORPORATION: TX FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 002-70145 FILM NUMBER: 560492 BUSINESS ADDRESS: STREET 1: 9310 BROADWAY BLDG I CITY: SAN ANTONIO STATE: TX ZIP: 78217 BUSINESS PHONE: 5128287689 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH TEXAS DRILLING CO DATE OF NAME CHANGE: 19810715 8-K 1 CURRENT REPORT 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 18, 2000 SOUTH TEXAS DRILLING & EXPLORATION, INC. (Exact name of registrant as specified in its charter) State of Texas 2-70145 74-2088619 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 9310 Broadway, San Antonio, Texas 78217 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (210) 828-7689 _________________________________________________________________ (Former name or former address, if changed since last report.) Item 1. Changes in Control of Registrant. On February 18, 2000, the Registrant sold in a private transaction 1,153,846 shares of $.10 par value common stock to WEDGE Energy Services, L.L.C., a Delaware limited liability company ("WEDGE"). The Registrant understands that Mr. Issam M. Fares is the ultimate beneficial owner of all of the outstanding ownership interests of WEDGE. WEDGE paid an aggregate $1,500,000 for the 1,153,846 shares of common stock purchased by WEDGE. The Registrant understands that the $1,500,000 aggregate purchase price was obtained by WEDGE from affiliated entities or persons. The 1,153,846 shares acquired by WEDGE, which constitute all of capital stock of the Registrant owned by WEDGE, represents 15.86% of the Registrant's common stock outstanding; or 10.76% on a fully diluted basis assuming conversion of all of the Registrant's Convertible Preferred Stock and stock options outstanding. 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. Date: March 2, 2000 SOUTH TEXAS DRILLING & EXPLORATION, INC. By: Wm. Stacy Locke Wm. Stacy Locke, President -----END PRIVACY-ENHANCED MESSAGE-----