-----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, PDcHpXWYRKoXBIifoAvnjtVgLq5biGvqYPUznooxySxUECoBTWzIZqGirdWy+YI3 ORpDl1TgUcJaQ4FrYB8nnQ== 0000007332-98-000014.txt : 19980603 0000007332-98-000014.hdr.sgml : 19980603 ACCESSION NUMBER: 0000007332-98-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980527 ITEM INFORMATION: FILED AS OF DATE: 19980602 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWESTERN ENERGY CO CENTRAL INDEX KEY: 0000007332 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 710205415 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-08246 FILM NUMBER: 98641269 BUSINESS ADDRESS: STREET 1: 1083 SAIN ST STREET 2: P O BOX 1408 CITY: FAYETTEVILLE STATE: AR ZIP: 72702-1408 BUSINESS PHONE: 5015211141 FORMER COMPANY: FORMER CONFORMED NAME: ARKANSAS WESTERN GAS CO DATE OF NAME CHANGE: 19790917 8-K 1 DATE OF REPORT 05/27/98 =================================================================== 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) May 27, 1998 ------------ SOUTHWESTERN ENERGY COMPANY (Exact name of registrant as specified in its charter) Arkansas 1 - 8246 71-0205415 (State of incorporation (Commission (I.R.S. Employer or organization) File Number) Identification No.) 1083 Sain Street, P.O. Box 1408, Fayetteville, Arkansas 72702-1408 (Address of principal executive offices, including zip code) (501) 521-1141 (Registrant's telephone number, including area code) No Change (Former name, former address and former fiscal year; if changed since last report) =================================================================== Item 5. Other Events On May 27, 1998, the Arkansas Court of Appeals, in an appeal taken by the Attorney General of Arkansas (AG), issued a decision remanding an order of the Arkansas Public Service Commission (APSC) (Order No. 11 in Docket No. 96-030-U) because the order did not contain adequate findings of fact for the court to conduct a meaningful review of the APSC's decision. The APSC will now have an opportunity to revise its order to explain its decision in more detail. Order No. 11 was issued in November 1996 in a rate case filed by the Company's utility subsidiary, Arkansas Western Gas Company (AWG). In this rate case, as previously disclosed in the Company's annual reports, the APSC granted AWG a rate increase of $5,071,064 and ordered an independent study of AWG's intercompany cost allocations, executive compensation, and staffing levels which were challenged by the AG. Following any revision by the APSC of Order No. 11, the AG may renew his appeal on other grounds. The Company believes that the remand of Order No. 11 has no effect on AWG's ability to collect and retain its presently authorized rates. Although the Company cannot predict the results of the remand of Order No. 11, the independent study, or any further appeals, the Company believes that it is unlikely that the revision of Order No. 11, the independent study or any subsequent appeal of the revised Order No. 11 by the AG will have a material adverse effect on the Company's financial condition or results of 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, thereunto duly authorized. SOUTHWESTERN ENERGY COMPANY --------------------------- Registrant DATE: June 2, 1998 BY: /s/ GREGORY D. KERLEY ---------------------- ------------------------------- Gregory D. Kerley Senior Vice President - Treasurer and Secretary, and Chief Accounting Officer 2 -----END PRIVACY-ENHANCED MESSAGE-----