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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) October 31, 1994
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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
On October 31, 1994, the Registrant announced that two of its
wholly owned subsidiaries have entered into a stipulation and agreement
with the Staff of the Arkansas Public Service Commission (APSC) and the
Attorney General of the State of Arkansas to settle certain gas cost issues
which have been outstanding before the APSC for almost four years. The
issues in question involve the price of gas sold by one of the Registrant's
gas producing subsidiaries under a long-term contract with the Registrant's
utility subsidiary. Under the stipulation and agreement the price paid by
the Registrant's utility subsidiary will be referenced to an index plus a
premium. At current market prices, the new provision will result in a
reduced sales price under the contract. The stipulation and agreement must
be approved by the APSC before becoming effective. Subsequent to October 31,
1994, the APSC established a procedural schedule for consideration of the
stipulation and agreement and set a hearing on the matter for December 5,
1994. A press release dated October 31, 1994, and filed as an exhibit per
Item 7.(c) of this report, is hereby incorporated by reference for further
details.
Item 7.(c)
Exhibits Reference
(1) Press release dated October 31, 1994. p. 3-6
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: November 8, 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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