-----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, RT7l05UUM2+drK3H1omSk8D7mGkjlB8/5RtqzK6tvL/LyZdK+nWk7bHaGGeg6epE 817aJK8kx3oDXjkbanbVyw== 0000927356-96-000015.txt : 19960116 0000927356-96-000015.hdr.sgml : 19960116 ACCESSION NUMBER: 0000927356-96-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960111 ITEM INFORMATION: Other events FILED AS OF DATE: 19960112 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTERN GAS RESOURCES INC CENTRAL INDEX KEY: 0000856716 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 841127613 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10389 FILM NUMBER: 96503022 BUSINESS ADDRESS: STREET 1: 12200 N PECOS ST CITY: DENVER STATE: CO ZIP: 80234-3439 BUSINESS PHONE: 3034525603 8-K 1 FORM 8-K DATED 1/11/96 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) January 11, 1996 ---------------- (January 10, 1996) WESTERN GAS RESOURCES, INC. - ------------------------------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-10389 84-1127613 - --------------------------------- ----------- ------------------ (State or other jurisdiction of (Commission (I.R.S Employer incorporation) File Number) Identification No.) 12200 N. Pecos Street Denver, Colorado 80234-3439 - ------------------------------------------------------------------------------ (Address of principal executive offices) (Zip Code) (303) 452-5603 - ------------------------------------------------------------------------------ (Registrant's telephone number, including area code) No Changes - ------------------------------------------------------------------------------ (Former name, former address and former fiscal year, if changed since last report). ITEM 5. OTHER EVENTS. On January 11, 1996, the Company issued the following press release: January 11, 1996. Brion G. Wise, Chairman of the Board and Chief Executive ---------------- Officer of Western Gas Resources, Inc. ("Western") (NYSE: WGR) today announced that Bill M. Sanderson will retire as President and Chief Operating Officer of the Company effective March 31, 1996. Mr. Wise also announced that the Company's Board of Directors has elected Lanny F. Outlaw, currently Executive Vice President, to succeed Mr. Sanderson. Mr. Sanderson, 66, joined Western in 1981 as Vice President and has been President, Chief Operating Officer and a Director since 1987. He will remain with Western as a member of the Board of Directors. Mr. Outlaw, 59, who has over 36 years of experience in the oil and gas industry, will become President and Chief Operating Officer. Mr. Wise stated, "It is with both regret and the utmost appreciation that we have accepted Bill Sanderson's notice of retirement. He has made an invaluable contribution to the Company during his 15-year tenure and directed our efforts during a tremendous period of growth. We are extremely pleased that he will continue his service as a board member and help provide guidance and direction to our management team. "As for his successor, Lanny Outlaw has been a valued and respected member of Western's management team for 9 years, and his leadership in the business development area was instrumental in the acquisition growth of the Company. His widely varied experience, knowledge and industry contacts have been and will continue to be of great benefit to the Company and its operations. Lanny has also been instrumental in the formation and implementation of the Company's future business plan, particularly in the operations and business development areas." Mr. Outlaw stated, "Western has built an excellent base of assets and assembled an experienced management team, but weak natural gas and natural gas liquids prices and our recent financial performance have limited the Company's ability to profitably expand its operations. The Company needs to improve its earnings and financial structure, aggressively pursue new growth opportunities and expand its marketing efforts. I look forward to working with Bill and Brion and the rest of management as we execute the Company's future business plan." Mr. Outlaw joined Western in 1987 and has held various management positions with Western, having most recently served as Executive Vice President of Operations, Business Development and Engineering. Prior to joining Western, he worked for Shell Oil Company from 1958 to 1987 and held several management positions within their Exploration and Production department. He received an Engineering degree from the South Dakota School of Mines and Technology. 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. WESTERN GAS RESOURCES, INC. --------------------------- (Registrant) Date: January 11, 1996 By: /s/WILLIAM J. KRYSIAK --------------------- William J. Krysiak Vice President - Finance (Principal Financial and Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----