-----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, M+/F2NgcK9DV1cTSwz/LXm/AlqmxY3loIZ7kU7LTWKKCrLA6te4nlixypfEbxG3d FmpOyL726HLRGu/pfe1gEA== 0001204459-10-000099.txt : 20100114 0001204459-10-000099.hdr.sgml : 20100114 20100114112146 ACCESSION NUMBER: 0001204459-10-000099 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100113 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100114 DATE AS OF CHANGE: 20100114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Natural Energy Corp CENTRAL INDEX KEY: 0000870732 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 731605215 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18956 FILM NUMBER: 10526756 BUSINESS ADDRESS: STREET 1: 6100 SOUTH YALE STREET 2: SUITE 300 CITY: TULSA STATE: OK ZIP: 74136 BUSINESS PHONE: 9184811440 MAIL ADDRESS: STREET 1: 6100 SOUTH YALE STREET 2: SUITE 300 CITY: TULSA STATE: OK ZIP: 74136 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN NATURAL ENERGY CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: ALN RESOURCES CORPORATION DATE OF NAME CHANGE: 19600201 8-K 1 anec8k011310.htm FORM 8-K American Natural Energy Corporation: Form 8-K - Prepared by TNT Filings Inc.


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):  January 5, 2010
American Natural Energy Corporation
 
(Exact name of registrant as specified in its charter)
         
Oklahoma   0-18596   73-1605215
 
(State or other jurisdiction   (Commission File Number)   (IRS Employer
of incorporation)       Identification No.)
6100 South Yale — Suite 300, Tulsa, Oklahoma 74136
 
(Address of principal executive offices)
Registrant's telephone number, including area code: (918) 481-1440
 
(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 (see General Instruction A.2. below):
     
£   Written communications pursuant to Rule 425 under the Securities Act
 
£   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
 
£   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
 
£   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
     

Section 8 – Other Events

Item 8.01.

Other Events

On January 5, 2010, we issued a press release announcing that we have completed the acquisition of the majority of an overriding royalty and net profits interest which eliminates a burden on all of its interests and cash flow in its Bayou Couba Field, St. Charles Parish, Louisiana. A copy of that press release is attached as Exhibit 99.1.

Section 9 – Financial Statements and Exhibits

Item 9.01.

Financial Statements and Exhibits.

(a)

Financial Statements of businesses acquired. None required.

(b)

Pro forma financial information. None required.

(c)

Exhibits:

Exhibit Number Description of Document
   
99.1 Press Release dated January 5, 2010 (furnished but not filed)

 

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Signatures
                       Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

             
    American Natural Energy Corporation    
             
 
           
Dated: January 13, 2010
  By:   /s/ Michael K. Paulk                     
Michael K. Paulk, President
   
                      

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EX-99.1 2 anecexh991.htm EXHIBIT 99.1 American Natural Energy Corporation: Exhibit 99.1 - Prepared by TNT Filings Inc.

Exhibit 99.1

AMERICAN NATURAL ENERGY CORPORATION
6100 South Yale, Suite 300
Tulsa, Oklahoma 74136
Tel: 918-481-1440 Fax: 918-481-1473

American Natural Energy Corporation Announces Acquisition of Interests

Tulsa, Oklahoma, January 5, 2010. American Natural Energy Corporation ("ANEC") (TSX Venture:ANR.U) announced it has completed the acquisition of the majority of an overriding royalty and net profits interest (the "ORI") which eliminates a burden on all of its interests and cash flow in its Bayou Couba Field, St. Charles Parish, Louisiana. ANEC paid a total of approximately US$320,000 to three parties for approximately 89% of the ORI. ANEC had previously acquired 4.5% of the ORI in various transactions and now holds 93.5% of the total ORI. The ORI was created in 2001 as part of the purchase of the assets of Couba Operating Company by ANEC. With this transaction and the previously announced transaction to acquire various working interests, ANEC now owns 97.25% of the Working Interest ("WI") in all but 6 of the producing wells. ANEC owns a 47.25% WI in these 6 wells. ANEC also has a 97.25% WI in all of the future development in the Bayou Couba field from the surface to the top of the Cib Op formation at approximately 11,000 feet. These acquisitions have increased the PV10% of ANEC's Proved Reserves by approximately US$3.3 million based on third quarter 2009 reserves evaluations.

ANEC also recompleted DSCI 134 (97.5% WI) and the DSCI 118 (100% WI) in December 2009. Initial production was 80 bopd from the DSCI 134 and 140 bopd from the DSCI 118. ANEC also plans to recomplete an additional well later in January which will be funded from cash flow.

The acquisition of the ORI was financed by a bridge loan due March 31, 2010 in the amount of Cdn$400,000. Interest is payable at the due date based on an annual rate of 12%. The loan is unsecured and the lenders will receive, subject to approval by the TSX Venture Exchange, a share bonus of approximately 1.6 million shares of restricted ANEC stock. The recompletions were financed with a US$450,000 non-recourse note from a private group and are being repaid, along with interest at 10% per annum, out of cash flows from the 2 recompleted wells.

ANEC is a Tulsa, Oklahoma based independent exploration and production company with operations in St. Charles Parish, Louisiana. For further information please contact Michael Paulk, CEO at 918-481-1440 or Steven P. Ensz, CFO at 281-367-5588.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This Press Release may contain statements which constitute forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995, including statements regarding the plans, intentions, beliefs and current expectations of ANEC, its directors, or its officers with respect to the future business, well drilling and operating activities and performance of ANEC. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. The actual results and outcome of events may differ materially from those in the forward-looking statements as a result of various factors. The levels of and fluctuations in the prices for natural gas and oil and the demand for those commodities, the outcome of ANEC's development and exploration activities, including the success of its current and proposed well drilling activities and the availability of capital to pursue those activities could affect ANEC and its future prospects. Important additional factors that could cause such differences are described in ANEC's periodic reports and other filings made with the Securities and Exchange Commission and may be viewed at the Commission's Website at http://www.sec.gov.


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