SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): July 8, 1998 Commission File Number: 0-14096 FORELAND CORPORATION ---------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) NEVADA 87-0422812 ------------------------------ ------------------- (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 12596 W. BAYAUD AVENUE SUITE 300, LAKEWOOD, COLORADO 80228 ------------------------------ ------------------- (Address of Principal Executive (Zip Code) Offices) Registrant's Telephone Number, including Area Code: (303) 988-3122 N/A --------------------------------------------------------------------- (Former name, former address, and formal fiscal year, if changed since last report) - ------------------------------------------------------------------------------- ITEM 5. OTHER EVENTS - ------------------------------------------------------------------------------- Foreland Corporation announced on July 8, 1998, that its Sand Dune 88-35 well has now been completed for production with an initial production rate of 248 barrels of oil per day. Foreland management believes that this new discovery further validates the benefits of 3D seismic in Nevada. Development of the Sand Dune field will start as soon as permits are approved. - ------------------------------------------------------------------------------- SIGNATURES - ------------------------------------------------------------------------------- Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: July 9, 1998 FORELAND CORPORATION By /s/ N. Thomas Steele, President 3