-----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, MVfdXFFhlQVfMvdfASHRoVeJHvNWG3Nx2jQBKsO7mRfYQXvh1XdKL+ECTD0Jhegn ojxYBNQeGYRLwusSxMznLA== 0000950134-96-000274.txt : 19960205 0000950134-96-000274.hdr.sgml : 19960205 ACCESSION NUMBER: 0000950134-96-000274 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960131 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960202 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: K N ENERGY INC CENTRAL INDEX KEY: 0000054502 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 480290000 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06446 FILM NUMBER: 96510674 BUSINESS ADDRESS: STREET 1: 370 VAN GORDON STREET STREET 2: PO BOX 281304 CITY: LAKEWOOD STATE: CO ZIP: 80228-8304 BUSINESS PHONE: 3039891740 FORMER COMPANY: FORMER CONFORMED NAME: KN ENERGY INC DATE OF NAME CHANGE: 19920430 FORMER COMPANY: FORMER CONFORMED NAME: KANSAS NEBRASKA NATURAL GAS CO INC DATE OF NAME CHANGE: 19830403 8-K 1 FORM 8-K DATED 1/31/96 1 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): JANUARY 31, 1996 K N ENERGY, INC. (Exact name of registrant as specified in its charter) KANSAS 1-6446 48-0290000 (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation or organization) Number) Identification No.) 370 VAN GORDON STREET P. O. BOX 281304 LAKEWOOD, CO 80228-8304 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (303) 989-1740 1 2 Item 5. Other Events. On January 31, 1996 K N Energy, Inc. closed the merger of K N's wholly owned oil & gas subsidiary, K N Production Company, into Tom Brown, Inc., as well as completed the joint formation of a new gas services company, Wild Horse, LLC and reference is hereby made to the press release dated February 1, 1996, which is filed herewith as an exhibit and incorporated herein by this reference. Item 7. Financial Statements, Pro-Forma Financial Information and Exhibits. (a) Financial Statements - None (b) Pro-Forma Financial Statements - None (c) Exhibits 1.1 Press release dated February 1, 1996 EXHIBIT INDEX
Exhibit Number Page Exhibit Description Page - ------------------- ------------------- ---- 1.1 Press release dated February 1, 1996 5
2 3 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 hereunto duly authorized. K N ENERGY, INC. Date: February 1, 1996 By: /s/ WILLIAM S. GARNER, JR. ----------------------------------- William S. Garner, Jr. Vice President, General Counsel and Secretary 3 4 EXHIBIT INDEX EXHIBIT NUMBER EXHIBIT DESCRIPTION PAGE - ------- ------------------- ---- 1.1 Press Release Dated February 1, 1996 5
EX-1.1 2 PRESS RELEASE DATED 2/1/96 1 EXHIBIT 1.1 K N ENERGY AND TOM BROWN COMPLETE FORMATION OF NEW ENERGY ALLIANCE Lakewood, CO - K N Energy, Inc. (NYSE-KNE) and Tom Brown, Inc. (NASDAQ-TMBR) today reported they have finalized the previously announced strategic alliance between the companies through the exchange of K N Energy's wholly-owned gas and oil subsidiary, K N Production Company, to Tom Brown, Inc. and the joint formation of Wild Horse, LLC, a new gas services company. K N Energy and Tom Brown, Inc. formed Wild Horse to provide gathering, processing, marketing, storage and field services to Rocky Mountain gas and oil producers and others. Wild Horse will also pursue the construction or acquisition of gathering, processing and storage assets in areas of the Rocky Mountain region where K N Production Company or Tom Brown, Inc. currently own reserves. The recent announcement that K N Energy plans to acquire an 850-mile crude oil pipeline and convert it to natural gas service provides significant additional opportunity for Wild Horse. Wild Horse will be operated by K N Energy under the direction of an operating team with equal representation from K N Energy and Tom Brown, Inc. Wild Horse is jointly owned by K N Energy (55 percent) and Tom Brown, Inc. (45 percent). "This is a significant strategic alliance for K N Energy in the Rocky Mountain region with a premier low-cost producer," said Larry D. Hall, President and Chief Executive Officer of K N Energy. "This alliance advances K N Energy's strategy by leveraging our existing reserves into greater opportunity through additional gathering, processing, marketing, field services and storage." "It is an exciting opportunity to join with the innovative and exceptional leadership of K N Energy in a joint venture that will benefit both companies," said Donald L. Evans, Chairman and Chief Executive Officer of Tom Brown, Inc. "Wild Horse will incorporate the knowlege and perspective of both a producer and a gas services company to provide better services from wellhead to burnertip." Tom Brown, Inc. acquired K N Production Company in exchange for approximately 0.9 million shares of Tom Brown common stock and 1.0 million shares of a new 7% convertible preferred stock. Tom Brown, Inc. is an independent energy company engaged in the domestic exploration for, and the acquisition, development, production and sale of, natural gas and crude oil. As of December 31, 1994, the Company's natural gas reserves were approximately 180 billion cubic feet and its oil reserves were approximately 4.5 million barrels. Tom Brown, Inc. recently announced it intends to acquire substantially all the assets of Presidio Oil Co. K N Energy is a natural gas services company and has operations in eight states. The services provided include gas gathering, processing, marketing, storage, transportation and retail gas distribution services. K N Energy has annual sales exceeding $1 billion and assets of approximately $1.2 billion. Release Date: Immediate release - February 1, 1996 Contacts: K N Energy, Inc. - Karla Kimrey - (303) 763-3489 Tom Brown, Inc. - Donald L. Evans - (915) 682-9715 Page 5
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