-----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, PWfxSif0I7Yv3RAevLhCnyYpqmQd1jd9jzQDeDB+xFIe251nbvWRy5d8V5aKYo6J R244YEZNlUOf2YIcKTCRXw== 0001299933-06-002119.txt : 20060321 0001299933-06-002119.hdr.sgml : 20060321 20060321155302 ACCESSION NUMBER: 0001299933-06-002119 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060315 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20060321 DATE AS OF CHANGE: 20060321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BELDEN & BLAKE CORP /OH/ CENTRAL INDEX KEY: 0000880114 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 341686642 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20100 FILM NUMBER: 06701343 BUSINESS ADDRESS: STREET 1: 5200 STONEHAM RD STREET 2: P O BOX 2500 CITY: NORTH CANTON STATE: OH ZIP: 44720 BUSINESS PHONE: 3304991660 MAIL ADDRESS: STREET 1: 5200 STONEHAM RD STREET 2: P O BOX 2500 CITY: NORTH CANTON STATE: OH ZIP: 44720 FORMER COMPANY: FORMER CONFORMED NAME: BELDEN & BLAKE ENERGY CORP /OH DATE OF NAME CHANGE: 19920427 8-K 1 htm_11105.htm LIVE FILING Belden & Blake Corporation (Form: 8-K)  

 


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):   March 15, 2006

Belden & Blake Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

     
Ohio 0-20100 34-1686642
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
5200 Stoneham Road, North Canton, Ohio   44720
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   330-499-1660

Not Applicable
______________________________________________
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))


Item 1.01 Entry into a Material Definitive Agreement.

On March 15, 2006, Belden & Blake Corporation (the "Company") entered into a joint operating agreement with EnerVest Operating L.L.C., ("EnerVest Operating"). EnerVest Operating is an affiliate of EnerVest Management Partners, Ltd. ("EnerVest"), a Houston-based privately held oil and gas operator and institutional funds manager. Our direct parent, Capital C Energy Operations, L.P., a Delaware limited partnership ("Capital C"), is wholly owned by certain institutional funds managed by EnerVest. A copy of the joint operating agreement (AAPL Form 610-1989 Model Form Operating Agreement) will be filed with our 2005 annual report on Form 10-K. The joint operating agreement was effective on October 1, 2005 and resulted in an expense of $642,000 in the fourth quarter of 2005.





Item 7.01 Regulation FD Disclosure.

2006 PLANNED CAPITAL EXPENDITURES

We plan to spend approximately $36 million during 2006 on our drilling activities and other capital expenditures. We expect to spend approximately $34 million on development drilling to drill approximately 160 gross (156.4 net) wells. We plan to spend substantially all of our drilling capital expenditures on shallow, highly developed formations which include: 30 gross (30.0 net) Coalbed Methane wells, 30 gross (27.6 net) wells to the Antrim Shale formation, 40 gross (38.8 net) wells to the Medina formation, 40 gross (40.0 net) wells to the Clarendon formation in Pennsylvania and 20 gross (20.0 net) wells to the Clinton formation in Ohio.


DIVIDEND DISTRIBUTIONS

The Company paid dividends of $8.5 million in the fourth quarter of 2005 and $5.5 million year to date 2006. The dividends were paid to our direct parent Capital C.

In accordance with General Instruction B.2. of Form 8-K, the information set forth in this Item 7.01 is furnished purs uant to Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such a filing.






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 hereunto duly authorized.

         
    Belden & Blake Corporation
          
March 21, 2006   By:   /s/ James M. Vanderhider
       
        Name: James M. Vanderhider
        Title: President and Chief Financial Officer
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