-----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, M64ZoattPYMQpGXVu4cIG84i4tKjF2rEvqogO+W59CCahEwN4KTiSJ9LCwMji1Tx TWineOeZn+sVQjgdEgus1A== 0000950162-03-001525.txt : 20031117 0000950162-03-001525.hdr.sgml : 20031117 20031117165333 ACCESSION NUMBER: 0000950162-03-001525 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031117 ITEM INFORMATION: Other events FILED AS OF DATE: 20031117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BURLINGTON RESOURCES INC CENTRAL INDEX KEY: 0000833320 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 911413284 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09971 FILM NUMBER: 031008449 BUSINESS ADDRESS: STREET 1: 5051 WESTHEIMER STREET 2: SUITE 1400 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7136249500 MAIL ADDRESS: STREET 1: 5051 WESTHEIMER STREET 2: STE 1400 CITY: HOUSTON STATE: TX ZIP: 77056 8-K 1 burl8k111703.txt FORM 8K 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): November 17, 2003 BURLINGTON RESOURCES INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-9971 911413284 - -------------------------------------------------------------------------------- (State or other Jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 5051 Westheimer, Houston, Texas 77056-2124 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) 713-624-9500 - -------------------------------------------------------------------------------- Registrant's telephone number, including area code Item 5. Other Events. On November 7, 2003, the Government of Canada passed Bill C-48 which reduces the Canadian federal income tax rate for companies in the natural resource sector from 28 percent to 21 percent over five years beginning in 2003. The Company had previously provided deferred income taxes in Canada at the 28 percent federal rate. The estimated impact of the lower income tax rates will be a reduction in the deferred income tax expense and an equivalent reduction in the deferred income tax liability of approximately $195 million to $225 million. This non-cash reduction in deferred income tax expense and related deferred income tax liability will be recognized in the reported financial results of the Company in the fourth quarter of 2003. The estimated impact of the rate reduction may change based on fourth quarter results and changes in the foreign currency exchange rate. 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 hereunto duly authorized. BURLINGTON RESOURCES INC. Date: November 17, 2003 By: /s/ Frederick J. Plaeger, II ----------------------------------- Name: Frederick J. Plaeger, II Title: Vice President and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----