-----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, GaA3MHXaVcbILekEszVmPJE7Zwkwk8wOg6rwLYExQmKp5zfreqI4bY28RdCpR8by d14Myz7QTxp2Sy5EjkToiQ== 0000055458-98-000016.txt : 19980610 0000055458-98-000016.hdr.sgml : 19980610 ACCESSION NUMBER: 0000055458-98-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19980608 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980609 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: KERR MCGEE CORP CENTRAL INDEX KEY: 0000055458 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 730311467 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03939 FILM NUMBER: 98644585 BUSINESS ADDRESS: STREET 1: KERR MCGEE CTR STREET 2: 123 ROBERT S KERR CITY: OKLAHOMA CITY STATE: OK ZIP: 73102 BUSINESS PHONE: 4052701313 MAIL ADDRESS: STREET 1: P O BOX 25861 CITY: OKLAHOMA CITY STATE: OK ZIP: 73125 FORMER COMPANY: FORMER CONFORMED NAME: KERR MCGEE OIL INDUSTRIES INC DATE OF NAME CHANGE: 19671227 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 June 8, 1998 (Date of Report - Date of earliest event reported) KERR-MCGEE CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-3939 73-0311467 (State of (Commission File Number) (IRS Employer Incorporation) Identification No.) Kerr-McGee Center Oklahoma City, Oklahoma 73125 (Address of principal executive offices) (Zip Code) (405) 270-1313 (Registrant's telephone number) Item 5. Other Events Kerr-McGee Corporation announced that it has reached agreement to sell its coal mining operations for $600 million in cash. Kerr-McGee's Jacobs Ranch Mine in the Powder River Basin of Wyoming will be sold to Kennecott Energy and Coal Company, and its Galatia Mine in the Illinois Basin will be sold to the American Coal Company. The sale of the Galatia Mine is scheduled to close prior to June 30. The sale of the Jacobs Ranch Mine is scheduled to occur promptly following compliance with regulatory requirements. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits 99.1 News Release dated June 8, 1998, announcing Kerr-McGee Corporation reached agreement to sell its coal mining operations. 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. KERR-MCGEE CORPORATION By: (Deborah A. Kitchens) Deborah A. Kitchens Vice President and Controller Dated: June 8, 1998 EX-99 2 EXHIBIT INDEX EXHIBIT INDEX Exhibit No. Description 99.1 News Release dated June 8, 1998 announcing Kerr-McGee Corporation reached agreement to sell its coal mining operations. EX-99.1 3 PRESS RELEASE Kerr-McGee Announces Sale of Coal Operations OKLAHOMA CITY (June 8, 1998) - Kerr-McGee Corp. (NYSE: KMG) announced today that it has reached agreement to sell its coal mining operations for $600 million in cash. Kerr-McGee's Jacobs Ranch Mine in the Powder River Basin of Wyoming will be sold to Kennecott Energy and Coal Company, and its Galatia Mine in the Illinois Basin will be sold to The American Coal Company. The sale of the Galatia Mine is scheduled to close prior to June 30. The sale of the Jacobs Ranch Mine is scheduled to occur promptly following compliance with regulatory requirements. "Thanks to the dedicated efforts of the coal employees we were able to negotiate these transactions successfully," said Luke R. Corbett, Kerr-McGee chairman and chief executive officer. "Upon completion of this process the company will be completely focused on further growing its worldwide oil and gas and titanium dioxide pigment operations." Kerr-McGee was advised in this transaction by Lazard Freres & Co. LLC and Simpson Thacher & Barlett. -----END PRIVACY-ENHANCED MESSAGE-----