- ------------------------------------------------------------------------------- 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 16, 1997 CASTLE ENERGY CORPORATION (Exact Name of Registrant as Specified in Charter) DELAWARE (State or Other Jurisdiction of Incorporation or Organization) 0-10990 76-0035225 (Commission File Number) (I.R.S. Employer Identification No.) One Radnor Corporate Center, Suite 250, 100 Matsonford Road, Radnor, PA 19087 - ------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (610) 995-9400 (Registrant's telephone number, including area code) (Former Name or Former Address, if Changed Since Last Report) - -------------------------------------------------------------------------------- Castle Energy Corporation (the "Registrant") submits the following information: ITEM 5. Other Events On May 16, 1997, the Registrant entered into agreements to sell its Texas oil and gas properties and pipeline to Union Pacific Resources Company. A copy of the news release issued by the Registrant on May 19, 1997 is attached as Exhibit 99.1 to this report. ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits Exhibit Page Number Description No. ------- ----------- ---- 99.1 Castle Energy Corporation Press Release, dated May 19, 1997 4 2 SIGNATURE 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 thereunto duly authorized. CASTLE ENERGY CORPORATION Date: May 23, 1997 By: /s/ RICHARD E. STAEDTLER --------------------------- ----------------------- Richard E. Staedtler Chief Financial Officer 3