8-K 1 htm_38850.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):   August 25, 2010

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.)
      
First City Tower, 1001 Fannin Street, Suite 800, Houston, Texas   77002
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   713-659-3500

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 August 25, 2010, Belden & Blake Corporation entered into the Seventh Amendment to Credit Agreement. The Credit Agreement was amended to (1) extend the termination date to April 14, 2012, (2) extend the hedge letter of credit termination date to April 14, 2012, (3) decrease the aggregate amount of the revolving commitments to $90 million, (4) decrease the borrowing base to $55 million and (5) make certain other amendments to the Credit Agreement. The amendment is attached as Exhibit 10.1.






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
          
August 26, 2010   By:   /s/ James M. Vanderhider
       
        Name: James M. Vanderhider
        Title: President, Chief Financial Officer and Director


Exhibit Index


     
Exhibit No.   Description

 
10.1
  Seventh Amendment to Credit Agreement