-----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, DbeU4lcmshBCgb/ra8R6ZGHFjGGfZ0hivjghg291o4Eo2+LsHMI6fGG/MCgGyD71 d/LTA+vDHIXiGy1zAGLkLQ== 0000753048-07-000010.txt : 20070220 0000753048-07-000010.hdr.sgml : 20070219 20070220103038 ACCESSION NUMBER: 0000753048-07-000010 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070220 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070220 DATE AS OF CHANGE: 20070220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANALYTICAL SURVEYS INC CENTRAL INDEX KEY: 0000753048 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 840846389 STATE OF INCORPORATION: CO FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13111 FILM NUMBER: 07633983 BUSINESS ADDRESS: STREET 1: 8610 N. NEW BRAUNFELS SUITE 205 STREET 2: . CITY: SAN ANTONIO STATE: TX ZIP: 78217 BUSINESS PHONE: 210-657-1500 MAIL ADDRESS: STREET 1: 8610 N. NEW BRAUNFELS SUITE 205 STREET 2: . CITY: SAN ANTONIO STATE: TX ZIP: 78217 8-K 1 form8k-022007.htm FORM 8-K - PRESS RELEASE DATED FEBRUARY 20, 2007 Form 8-K - Press release dated February 20, 2007


 
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 (Date of earliest event reported):  2/20/2007
 
Analytical Surveys, Inc.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  000-13111
 
CO 
   
84-0846389 
(State or other jurisdiction of 
   
(IRS Employer 
incorporation) 
   
Identification No.) 
 
8610 N. New Braunfels
Suite 205
San Antonio, TX 78217
(Address of principal executive offices, including zip code) 
 
210-657-1500
(Registrant’s telephone number, including area code) 
 
(Former name or former address, if changed since last report)
  
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:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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

Information to be included in the report
 

Item 8.01.    Other Events 
  
On February 20, 2007, the Company issued a press release announcing that a well in which the Company owns a 10% working interest has been drilled to total depth in the Rocky Field of Western Oklahoma and is being completed in the Springer sands. The Company also announced that production casing has been set on a well in Jack County, Texas, of which it owns a 5% working interest. Completion activities have begun on the well and it is expected to be in production within the next 30 days.

The Company also announced that surface casing has been set and drilling has commenced through the surface casing on a well in Grayson County, Texas. The Company owns a 3.5% working interest in this well in the Haun prospect, which encompasses 4,500 acre.

In addition, the Company announced it has executed a Participation Agreement with South Texas Operating Company for the drilling of a development well in Webb County, Texas. The well was spud on February 18, 2007.
 
Item 9.01.    Financial Statements and Exhibits 
  
(d)           Exhibits
99.1  Press Release dated February 20, 2007.
 
 

  
Signature(s)
 
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.
 
     
  Analytical Surveys, Inc.
 
 
 
 
 
 
Date: February 20, 2007  By:   /s/ Lori Jones 
 
 Lori Jones
   CEO
 

   
Exhibit Index
 
Exhibit No. 
  
Description 
EX-99.1
  
 
 

EX-99.1 2 ex99-1.htm EX-99.1 - PRESS RELEASE DATED FEBRUARY 20, 2007 EX-99.1 - Press release dated February 20, 2007
 
P R E S S  R E L E A S E

Contacts:
Analytical Surveys, Inc.
Pfeiffer High Investor Relations, Inc.
 
Lori Jones
Geoff High
 
Chief Executive Officer
303/393-7044
 
210/657-1500
 


ASI ENERGY ANNOUNCES SUCCESSFUL WELL AND OPERATIONAL UPDATE

SAN ANTONIO, Texas - February 20, 2007 _ ASI Energy, a division of Analytical Surveys, Inc. (ASI) (Nasdaq Capital Market: ANLT), today announced that a well in which the Company owns a 10% working interest has been drilled to total depth in the Rocky Field of Western Oklahoma and is being completed in the Springer sands.

The Adrienne 1-9 well, operated by Range Resources Corporation (NYSE: RRC) is currently testing through fracture-stimulated perforations at a rate of approximately 1 million cubic feet of gas per day. Additional completion activities that include perforating and testing two additional zones are currently underway and should be completed within the next 30 days.

ASI Energy also announced that production casing has been set on the Maxwell well, which is being operated by Atoka Operating Company. ASI Energy owns a 5% working interest in the well, which is located in Jack County, Texas. The well was drilled to 5,084 feet with several productive shows in the Marble Falls, Marble Falls Unconformity Conglomerate, and Atoka Conglomerate formations. Completion activities have begun on the well and it is expected to be in production within the next 30 days.

ASI Energy, along with its strategic partner H&S Production, have set surface casing on the Haun Unit #1-A well. This well will be drilled to an approximate total depth of 13,200 feet. The Company expects the well to encounter significant pay zones throughout the drilling process. Drilling activities have commenced through the surface casing and this well is expected to reach its total depth within approximately 60 days. The well offsets the Haun #1, which was drilled and completed by Samedan in the Oil Creek sand with a calculated absolute open flow rate of 22.5 million cubic feet of gas per day. The Company owns a 3.5% working interest in the Haun prospect, which encompasses 4,500 acres in Grayson County, Texas.

In addition, the Company announced it has executed a Participation Agreement with South Texas Operating Company for the drilling of the Stroman-Armstrong #5, a development well in Webb County, Texas. The well was spud on February 18, 2007.

ASI Energy, a Division of Analytical Surveys, Inc., is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. ASI is headquartered in San Antonio, Texas. For more information, please visit www.asienergy.com.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, the outcome of the drilling and completion activities discussed herein and those discussed in Item 1. Business--"risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.
 
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-----END PRIVACY-ENHANCED MESSAGE-----