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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES AND EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): JUNE 15, 2000
Commission File Number 1-12480
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LOUIS DREYFUS NATURAL GAS CORP.
(Exact name of registrant as specified in its charter)
OKLAHOMA 73-1098614
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
14000 QUAIL SPRINGS PARKWAY, SUITE 600
OKLAHOMA CITY, OKLAHOMA 73134
(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (405) 749-1300
NONE
(Former name, former address and former fiscal year, if changed since
last report.)
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LOUIS DREYFUS NATURAL GAS CORP.
FORM 8-K
JUNE 15, 2000
ITEM 2 -- ACQUISITION OR DISPOSITION OF ASSETS
On June 15, 2000, Louis Dreyfus Natural Gas Corp. acquired substantially
all of the oil and gas properties of Costilla Energy, Inc. for an estimated
$126 million, net of post effective price adjustments. The Costilla
properties, primarily located in South and West Texas, are strategically
located within the Company's core regions where the Company has considerable
operating experience.
Information concerning the acquisition is contained in the June 15, 2000
press release made by the Company, a copy of which is filed herewith as
Exhibit 99.1 and incorporated herein by reference.
ITEM 5 - OTHER EVENTS
On June 15, 2000, Louis Dreyfus Natural Gas Corp. also announced a
planned underwritten public offering of common stock consisting of 3,000,000
shares to be sold by the Company, and 2,000,000 shares to be sold by its
principal shareholder, S.A. Louis Dreyfus et Cie.
Information concerning the proposed public offering is contained in the
June 15, 2000 press release made by the Company, a copy of which is filed
herewith as Exhibit 99.1 and incorporated herein by reference.
ITEM 7 -- FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
2.1 Asset Purchase Agreement by and between Costilla Energy, Inc. as
Seller and Louis Dreyfus Natural Gas Corp. as Buyer
99.1 Press release dated June 15, 2000
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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.
LOUIS DREYFUS NATURAL GAS CORP.
Date: June 15, 2000 By: /s/ Jeffrey A. Bonney
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Jeffrey A. Bonney
Executive Vice President and
Chief Financial Officer
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