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):
December 31, 2001
3TEC ENERGY CORPORATION
(Exact name of Registrant as specified in its charter)
DELAWARE 001-14745 63-1081013
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
700 Milam Street, Suite 1100, Houston, Texas 77002
(Address of principal executive offices and zip code)
(713) 821-7100
Registrant's telephone number, including area code
ITEM 5 - OTHER EVENTS
3TEC Energy Corporation ("3TEC") announced January 2, 2002, that the
merger agreement with Enex Resources Corporation ("Enex") dated October 25,
2001, (the "Merger Agreement") was approved at a special meeting of the Enex
stockholders on December 31, 2001. Pursuant to the terms of the Merger
Agreement, 3NEX Acquisition Corporation, a wholly-owned subsidiary of 3TEC, has
been merged with Enex, with Enex being the surviving corporation.
Each share of Enex common stock (other than shares owned by 3TEC) has
been converted into the right to receive $14.00 per share in cash.
The January 2, 2002 press release regarding the merger is filed
herewith as Exhibit 99.1, and is incorporated herein by reference.
Two 3TEC directors, Gary R. Christopher and Stephen W. Herod, have
announced their resignation effective December 31, 2001. The remaining 3TEC
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directors have appointed two independent directors, Larry J. Bump and
James L. Irish, III, effective January 1, 2002.
Mr. Bump has been appointed as a Class I director to serve until the
3TEC 2002 annual meeting. Mr. Bump is Chief Executive Officer and Chairman of
the Board of Directors of Willbros Group, Inc., a leading independent contractor
serving the oil, gas and power industries, providing construction, engineering
and other specialty oilfield-related services to industry and government
entities worldwide.
Mr. Irish has been appointed as a Class II director to serve until the
3TEC 2003 annual meeting. Mr. Irish is a partner with Thompson & Knight LLP, a
Texas based law firm. Mr. Irish practices in the areas of energy finance and
corporate law.
ITEM 7 - FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits. The following exhibits are filed herewith:
99.1 Press Release issued by the Registrant on January 2, 2002
SIGNATURES
In accordance with the requirements of the Exchange Act, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
3TEC Energy Corporation
(Registrant)
Date: January 4, 2002 By: /s/ Floyd C. Wilson
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Floyd C. Wilson
Chief Executive Officer and Chairman
of the Board
INDEX TO EXHIBITS
99.1 Press Release dated January 2, 2002.
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