-----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, Vx5Q2zucstljPX7GAGI4+IkDRbh1aEU6BxN8QTMQnWX21IdxbDww+Jka3j6QVspl kqcf0rlZ2PjNCvC49C0UpA== 0000950129-99-004458.txt : 19991018 0000950129-99-004458.hdr.sgml : 19991018 ACCESSION NUMBER: 0000950129-99-004458 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990908 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARGO ENERGY CO CENTRAL INDEX KEY: 0000051072 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 870239185 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-08609 FILM NUMBER: 99726623 BUSINESS ADDRESS: STREET 1: 700 LOUISIANA, SUITE 3700 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132369792 MAIL ADDRESS: STREET 1: 700 LOUISIANA SUITE 3700 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: FUTURE PETROLEUM CORP/UT/ DATE OF NAME CHANGE: 19940401 FORMER COMPANY: FORMER CONFORMED NAME: INTERMOUNTAIN EXPLORATION CO DATE OF NAME CHANGE: 19920703 8-K 1 BARGO ENERGY COMPANY - DATED SEPTEMBER 8, 1999 1 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 September 8, 1999 Date of Report (Date of earliest event reported) BARGO ENERGY COMPANY (Exact name of small business issuer as specified in its charter) Texas 0-8609 87-0239185 (State or other jurisdiction of (Commission file number) (I.R.S. Employer incorporation or organization) Identification No.)
700 Louisiana, Suite 3700 Houston, Texas 77002 (Address of principal executive offices, including zip code) (713)236-9792 (Issuer's telephone number, including area code) Not Applicable (Former name and former address, if changed since last report) 2 ITEM 1. CHANGES IN CONTROL OF REGISTRANT Not applicable ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS On September 8, 1999, Bargo Energy Company completed the previously announced acquisition of interests in 40 leases, a waterflood unit, over 60 royalty properties and an oil transportation contract in the East Texas Field from Atlantic Richfield Company. The purchase price for these assets and properties of approximately $16 million was funded from the Company's revolving line of credit with Bank of America. The purchase price was determined on the basis of arm's length negotiations after an evaluation of the properties by the Company's engineers. The press release attached hereto as Exhibit 99A provides additional information about the acquisition and is hereby incorporated by reference. There are no material relationships between the Company and its affiliates and Atlantic Richfield Company and its affiliates. ITEM 3. BANKRUPTCY OR RECEIVERSHIP Not applicable ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT Not applicable ITEM 5. OTHER EVENTS Not applicable ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS Not applicable ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial Statements of Business Acquired. The financial statements of the acquired business required to be filed pursuant to Item 7 will be filed as an amendment to this current report not later than 60 days after the date this report is due. 2 3 (b) Pro Forma Financial Information. The pro forma financial information required to be filed pursuant to Item 7 will be filed as an amendment to this current report not later than 60 days after the date this report is due. (c) Exhibits 99A. Copy of the Company's Press Release dated September 13, 1999 ITEM 8. CHANGE IN FISCAL YEAR Not applicable 3 4 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Bargo Energy Company (Registrant) Dated: September 20, 1999 By: /s/ JONATHAN M. CLARKSON ------------------------------------- Jonathan M. Clarkson, President 4 5 EXHIBIT INDEX
Exhibit Number Title of Document ------ ----------------- 99A Copy of the Company's Press Release dated September 13, 1999
5 EX-99.A 2 PRESS RELEASE - DATED SEPTEMBER 13, 1999 1 EXHIBIT 99A FOR IMMEDIATE RELEASE Contact: Tim Goff, Chairman and CEO September 13, 1999 713-236-9792 BARGO ENERGY COMPANY ACQUIRES EAST TEXAS ASSETS HOUSTON, TEXAS- Bargo Energy Company (OTCBB:BARG) today announced the acquisition by the Company of interests in 40 leases, a waterflood unit, over 60 royalty properties and an oil transportation contract in the East Texas Field from Atlantic Richfield Company (ARC) for approximately $16 million. Current daily production is approximately 2,500 net barrels of oil equivalent per day from 500 producing wells. Bargo explores, develops and acquires oil and gas properties principally in Texas, Louisiana and California. This Press Release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this Press Release, including statements regarding the Company's estimated reserve quantities, business strategy, plans and objectives of management of the Company for future operations and budget estimates, are forward-looking statements. The Company can give no assurances that the assumptions upon which such forward looking statements are based will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations ("Cautionary Statements") include volatility of oil and gas prices, the markets for oil and gas, environmental regulations, the substantial capital requirements associated with oil and gas operations and other factors are set forth in the Company's reports filed with the Securities and Exchange Commission, including the Company's Form 10-KSB for its 1998 fiscal year. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified by the Cautionary Statements. 6 -----END PRIVACY-ENHANCED MESSAGE-----