- --------------------------------------------------------------------------------
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): July 30, 1999
SOUTHERN MINERAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
NEVADA 0-8043 36-2068676
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
1201 Louisiana Street, Suite 3350 77002-5609
Houston, Texas (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (713) 658-9444
- --------------------------------------------------------------------------------
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On July 30, 1999, the Registrant sold its Brushy Creek Field interest
to ANR Production Company for $15.2 million in cash.
The foregoing summary is qualified in its entirety by (i) the terms and
conditions of the sale of the Registrant's Brushy Creek Field interests to ANR
Production Company as more fully described in the Purchase and Sale Agreement,
dated July 9, 1999, by and between the Registrant and ANR Production Company,
copy of which is included as Exhibit 10.34 to the Registrant's Form S-4
(Commission File No. 333-83345) and is incorporated herein by this reference and
(ii) the Registrant's press release, dated August 2, 1999, a copy of which is
included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
herein by this reference.
ITEM 5. OTHER EVENTS.
On August 4, 1999, the Registrant's securities were delisted from The
Nasdaq Stock Market's National Market. The Registrant's Common Stock will be
quoted and traded on the OTC Bulletin Board.
The foregoing summary is qualified in its entirety by the Registrant's
press release, dated August 5, 1999, a copy of which is included as Exhibit 99.2
to this Current report on Form 8-K and is incorporated herein by this reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Acquired Business. Not applicable.
(b) Pro Forma Financial Information. The pro forma financial statements
required pursuant to Article 11 of Regulation S-X will be filed by
amendment to this Current Report on Form 8-K not later than sixty (60)
days after the date on which this Current Report on Form 8-K is
required to be filed.
(c) Exhibits.
2.1 Purchase and Sale Agreement, dated July 9, 1999, by and between the
Registrant and ANR Production Company (incorporated by reference to
Exhibit 10.34 to Form S-4 (Commission File No. 333-83345)).
99.1 Press Release, dated August 2, 1999.
99.2 Press Release, dated August 5, 1999.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SOUTHERN MINERAL CORPORATION
Date: August 16, 1999 By: /s/ MICHAEL E. LUTTRELL
-------------------------------
Michael E. Luttrell
Vice President-Finance and
Chief Financial Officer
INDEX TO EXHIBITS
EXHIBIT
NUMBER
- ------
2.1 Purchase and Sale Agreement, dated July 9, 1999, by and between the
Registrant and ANR Production Company (incorporated by reference to
Exhibit 10.34 to Form S-4 (Commission File No. 333-83345)).
99.1 Press Release, dated August 2, 1999.
99.2 Press Release, dated August 5, 1999.