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) May 22, 2001
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VINTAGE PETROLEUM, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-10578 73-1182669
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
110 West Seventh Street, Tulsa, Oklahoma 74119
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (918) 592-0101
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Not applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events.
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On May 22, 2001, the Registrant issued a press release announcing the
sale of $200 million of senior subordinated notes. The press release
states that the notes will not be registered under the Securities Act
of 1933, as amended (the "Act"), and that such notes may not be offered
or sold in the United States absent registration or pursuant to an
applicable exemption from the registration requirements of the Act.
The press release was issued in accordance with Rule 135c promulgated
under the Act.
A copy of the press release dated May 22, 2001, is attached as an
exhibit hereto and incorporated herein by reference.
The Registrant has previously engaged in oil and gas hedging activities
and intends to continue to consider various hedging arrangements to
realize commodity prices which it considers favorable. Currently, oil
hedges (swap agreements) for the last three quarters of 2001 cover 2.9
MMBbls at an average NYMEX reference price of $29.82 per Bbl. The
following table reflects the barrels hedged and the corresponding
weighted average NYMEX reference prices by quarter for the remainder of
the year:
Barrels NYMEX Reference
Quarter Ending (in thousands) Price Per Bbl
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June 30, 2001 1,055 $30.31
September 30, 2001 1,344 29.87
December 31, 2001 460 28.58
Item 7. Financial Statements and Exhibits.
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(c) Exhibits.
99 Press release dated May 22, 2001, issued by the
Registrant.
SIGNATURES
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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.
VINTAGE PETROLEUM, INC.
Date: May 23, 2001 By: /s/ Michael F. Meimerstorf
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Michael F. Meimerstorf
Vice President and Controller
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Exhibit Index
Exhibit
Number Description
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99 Press release dated May 22, 2001, issued by the Registrant.
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