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: May 28, 1996 Colonial Gas Company (Exact name of registrant as specified in its charter) Massachusetts 0-10007 04-1558100 (State of (Commission File (IRS Employer incorporation) Number) Identification No.) 40 Market Street, Lowell, Massachusetts 01853 (Address of principal executive offices and zip code) (508) 458-3171 (Registrant's telephone number, including area code) [END OF COVER PAGE] Item 5. Other Events On May 28, 1996, Colonial Gas Company ("Colonial") jointly announced with Cabot LNG Corporation ("Cabot") the intention to form a joint venture. The joint venture will be accomplished through (i) Cabot acquiring from Colonial a fifty percent (50%) interest in Transgas Inc., a trucking company specializing in liquefied natural gas ("LNG") hauling that is presently a wholly-owned Colonial subsidiary; and (ii) Cabot and Colonial creating a new entity that will lease a Colonial LNG storage tank and market LNG storage and related services to energy providers and end-users. A May 28, 1996 Press Release, jointly issued by Colonial and Cabot and further detailing the joint venture, is included herewith as Exhibit 20 and is also incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits: (c) Exhibits: Number and Description of Exhibit 20. May 28, 1996 Press Release entitled "Colonial Gas Company and Cabot LNG Corporation Announce Joint Venture, New Initiatives call for 50/50 Ownership of Transgas Inc., Joint LNG Storage Venture." 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 hereunder duly authorized. COLONIAL GAS COMPANY Date: May 29, 1996 By: /s/ Nickolas Stavropoulos Executive Vice President- Finance, Marketing and Chief Financial Officer