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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) December 21, 1993
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SOUTHWESTERN ENERGY COMPANY
(Exact name of registrant as specified in its charter)
Arkansas 1 - 8246 71-0205415
(State of incorporation (Commission (I.R.S. Employer
or organization) File Number) Identification No.)
1083 Sain Street, P.O. Box 1408, Fayetteville, Arkansas 72702-1408
(Address of principal executive offices, including zip code)
(501) 521-1141
(Registrant's telephone number, including area code)
No Change
(Former name, former address and former fiscal year; if changed
since last report)
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Item 5.
Other Events
Vesta Energy Company ("Vesta") filed on December 21, 1993, and
amended on January 6, 1994, a complaint in the Federal District
Court for the Northern District of Oklahoma against the Registrant,
four of its subsidiaries, and the NOARK Pipeline System ("NOARK").
The complaint makes several allegations and generally claims that
the defendants induced Vesta to enter into a contract to transport
50,000 Million British Thermal Units (MMBtu) of gas per day on
NOARK and a separate contract to purchase 25,000 MMBtu per day of
the total from two of the Registrant's subsidiaries through a
series of false representations. Vesta is seeking rescission of
the contracts, actual damages in excess of $1.0 million and
punitive damages in excess of $1.0 million.
The Registrant believes that Vesta's claim is wholly without
merit and expects NOARK to file a counterclaim seeking enforcement
of the contracts and damages. The Registrant may also seek damages
related to the price paid to two of its subsidiaries for gas
production sold to Vesta. A press release dated January 10, 1994,
and filed as an exhibit per Item 7. of this report, is hereby
incorporated by reference for further details.
Item 7.(c)
Exhibits Reference
(1) Press release dated January 10, 1994. p. 3-4
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.
SOUTHWESTERN ENERGY COMPANY
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Registrant
DATE: January 19, 1994 BY: /s/ GREGORY D. KERLEY
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Gregory D. Kerley
Vice President -
Treasurer and Secretary,
and Chief Accounting
Officer
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