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 26, 2002 --------------- PANACO, INC. ---------------------------- (Exact name of Registrant as specified in its Charter) Delaware 000-26662 43-1593374 -------------- --------------- ---------------- (State or other jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 1100 Louisiana, Suite 5100, Houston, Texas 77002 -------------------------------------------------------- (Address of principal executive offices)(zip code) Registrant's telephone number, including area code: (713) 970-3100 -------------- Item 6. Resignation of Registrant's Directors The Board of Directors of PANACO, Inc. (the "Company") received and accepted the resignation of board member Felix Pardo on August 26, 2002. 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. Date: August 27, 2002 PANACO, Inc. (Registrant) By: /s/ A. Theodore Stautberg, Jr. ---------------------------------------- Mr. A. Theodore Stautberg, Jr. President and Chief Executive Officer