-----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, CCW2eeei8kJtPd42KKH1nm0+GV6ORelAOOsL50p1OUY7EqH722TlTJzN0bA6yAmS b1+sT8EYbE3UJEoW0In2ew== 0000950116-99-000780.txt : 19990420 0000950116-99-000780.hdr.sgml : 19990420 ACCESSION NUMBER: 0000950116-99-000780 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990412 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASTLE ENERGY CORP CENTRAL INDEX KEY: 0000709355 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 760035225 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-10990 FILM NUMBER: 99596776 BUSINESS ADDRESS: STREET 1: ONE RADNOR CORPORATE CTR STE 250 STREET 2: 100 MATSONFORD RD CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 6109959400 MAIL ADDRESS: STREET 1: ONE RADNOR CORPORATE CENTER SUITE 250 STREET 2: 100 MATSONFORD CITY: RADNOR STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: MINDEN OIL & GAS INC/NEW DATE OF NAME CHANGE: 19861117 FORMER COMPANY: FORMER CONFORMED NAME: MINDEN HOLDING CO DATE OF NAME CHANGE: 19830310 8-K 1 FORM 8-K =============================================================================== 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): April 12, 1999 CASTLE ENERGY CORPORATION - ------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) DELAWARE - ------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation or Organization) 0-10990 76-0035225 - ------------------------ ------------------------------------- (Commission File Number) (I.R.S. Employer Identification No.) One Radnor Corporate Center, Suite 250, 100 Matsonford Road, Radnor, PA 19087 - ------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (610) 995-9400 - ------------------------------------------------------------------------------- (Registrant's telephone number, including area code) - ------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) =============================================================================== Castle Energy Corporation ("Company") submits the following information: ITEM 2. Acquisition or Disposition of Assets See Exhibit 2(i) ITEM 7. Financial Statements and Exhibits Historical financial statements concerning the assets to be acquired, pro forma consolidated financial statements and other exhibits will be submitted after the acquisition is actually consummated. -1- 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 thereunto duly authorized. CASTLE ENERGY CORPORATION Date: April 19, 1999 By: /s/ Richard E. Staedtler ------------------------- Richard E. Staedtler Chief Financial Officer -2- EX-2.(I) 2 NEWS RELEASE Exhibit 2(i) NEWS Release Date: April 12, 1999 Contact: Joseph L. Castle II 610-995-9400 Castle Energy Announces Purchase of Oil And Gas Properties RADNOR, PA, April 12, 1999 -- Castle Energy Corporation* (Nasdaq-NNM:CECX) (the "Company") announced today that it had entered into an agreement with AmBrit Energy Corp. ("AmBrit") to acquire essentially all of AmBrit's oil and gas properties. The oil and gas assets purchased include producing properties in Alabama, Louisiana, Mississippi, Montana, New Mexico, Oklahoma and Texas as well as undrilled acreage in several of these states. The Company estimates the proved reserves acquired to be approximately 27.5 billion feet of cubic gas equivalent. The consideration to be paid is $22,000,000 of which ten percent was deposited upon execution of the related purchase and sale agreement with the balance to be funded at closing. The Company intends to fund the purchase using corporate cash. Although the purchase and sale agreement contains several customary conditions to closing, the Company anticipates closing by June 1, 1999. The Company currently owns interests in approximately 300 oil and gas wells located primarily in the Appalachian basin and a gas sales contract with Lone Star Gas Company which expires May 31, 1999. - -------- *Castle Energy Corporation is not affiliated with Castle Oil Corporation. -3- -----END PRIVACY-ENHANCED MESSAGE-----