0001398344-11-001261.txt : 20110608 0001398344-11-001261.hdr.sgml : 20110607 20110608160231 ACCESSION NUMBER: 0001398344-11-001261 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110608 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110608 DATE AS OF CHANGE: 20110608 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MEXCO ENERGY CORP CENTRAL INDEX KEY: 0000066418 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 840627918 STATE OF INCORPORATION: CO FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31785 FILM NUMBER: 11901003 BUSINESS ADDRESS: STREET 1: 214 W TEXAS AVENUE STREET 2: SUITE 1101 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 9156821119 MAIL ADDRESS: STREET 1: 214 W TEXAS AVENUE STREET 2: SUITE 1101 CITY: MIDLAND STATE: TX ZIP: 79701 FORMER COMPANY: FORMER CONFORMED NAME: MILLER OIL CO DATE OF NAME CHANGE: 19800702 8-K 1 fp0003014_8k.htm fp0003014_8k.htm
 
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:  June 8, 2011
(Date of earliest event reported)
  
   
Mexco Energy Corporation
(Exact name of registrant as specified in its charter)
  
CO
(State or other jurisdiction of incorporation)
  
0-6694
(Commission File Number)
  
84-0627918
(IRS Employer Identification Number)
  
       
 
214 W. Texas Avenue,
Suite 1101
Midland, TX
(Address of principal executive offices)
79701
(Zip Code)
  
   
Registrant's telephone number, including area code: 432-682-1119
  

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:

 
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 240.13e-4(c))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 

Item 8.01
Other Events

Exploration and Development Results

On June 8, 2011, Mexco Energy Corporation issued a news release to announce further exploration and development results of certain working interests in Andrews County, Texas.

Copy of the news release is filed as Exhibit 99.1.
 
Item 9.01
Financial Statements and Exhibits

(d)
Exhibits

 
Exhibit No.
Document
 
99.1
News Release dated June 8, 2011.
 

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.

 
MEXCO ENERGY CORPORATION
   
Date:  June 8, 2011
  
 
By:
/s/ Tammy McComic                    
   
Tammy McComic
   
Executive Vice President and Chief Financial Officer

EX-99.1 2 fp0003014_ex991.htm fp0003014_ex991.htm
 
EXHIBIT 99.1

June 8, 2011

FOR IMMEDIATE RELEASE

MEXCO ENERGY CORPORATION ANNOUNCES EXPLORATION AND DEVELOPMENT RESULTS

MIDLAND, TEXAS, June 8, 2011 – Mexco Energy Corporation (AMEX: MXC) today announced the results of further tests of a well in Andrews County, Texas.

Mexco Energy participated as a working interest owner in a well drilled to a depth of approximately 5,000 feet in the Grayburg and San Andres producing intervals in the Fuhrman-Mascho Field of Andrews County, Texas.  Based on a report from the operator, this well is currently producing at a rate of approximately 90 barrels of 28 gravity oil and 130 barrels of water per day.  Mexco’s working interest in this new well is 10.8% (net revenue interest of 7.77%).

The rates at which this will be produced and sold may be substantially different, based on regulatory and engineering considerations as well as performance of the well over longer periods of time.  This property contains an additional 11 potential drill sites in the Grayburg and San Andres formations.

 “This development of these long-lived oil reserves for the Company is expected to continue with drilling of further development wells and re-working or replacement of the other four existing wells on the lease,” said Nicholas C. Taylor, President and CEO of Mexco.

Separately, Mexco announced the drilling by Chesapeake Energy of two additional horizontal wells on acreage in which it owns overriding royalty interests in the Haynesville area of Desoto Parish, Louisiana.  There are five other wells producing on this acreage and 57 remaining potential drill sites.  Other potential producing zones include the Bossier and Cotton Valley which are situated above the Haynesville.

Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties.  For more information on Mexco Energy Corporation, go to www.mexcoenergy.com.

Safe Harbor Language on Forward Looking Statements:
This communication includes forward-looking statements.  We have based these forward-looking statements on our current expectations and assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. The forward-looking statements include statements about anticipated timing for development on the acquired properties.  Management's assumptions and the future performance are subject to a wide range of business risks and uncertainties, and there is no assurance that these projections can or will be met.  Actual events or results may differ materially from the forward-looking statements.  The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on our company or our business or operations.  Such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.  We undertake no obligation to update or revise any forward-looking statements. We refer you to the discussion of risk factors in Part I, Item 1A—“Risk Factors” of the Annual Report on Form 10-K filed by Mexco with the SEC on June 29, 2010.  All of the forward-looking statements made in this communication are qualified by these cautionary statements.
 
 
Mexco Contact:
Tammy L. McComic, Executive Vice President and Chief Financial Officer,
mexco@sbcglobal.net, (432) 682-1119