1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 23, 1998 ---------------- HARCOR ENERGY, INC. ---------------------------------------------------- (Exact name of registrant as specified in its Charter) Delaware -------------------------------------------- (State or other jurisdiction of incorporation) 0-9300 33-0234380 - ------------------------------------------------------------------------------- (Commission File Number) (IRS Employer I.D. No.) Five Post Oak Park, Suite 222 4400 Post Oak Park Houston, TX 77027-3416 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (713) 961-1804 -------------- 2 Item 5. Other Events On January 23, 1998 HarCor Energy, Inc. (the "Registrant" and the "Company") announced that it had reached an agreement in principle with Seneca Resources Corporation ("Seneca") for the sale of the Company to Seneca for a total cash price of $32,536,000 or $2 per share of the Company common stock. The purpose of this Form 8-K Current Report is to file as exhibits, a copy of the news release dated January 23, 1998 of HarCor announcing such proposed sale and a copy of the related agreement in principle between HarCor and Seneca. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 News release dated January 23, 1998 announcing agreement in principle with Seneca Resources Corporation for the sale of the Company to Seneca. 99.2 Agreement in principle dated as of January 21, 1998 between the Company and Seneca Resources Corporation. 3 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. HarCor Energy, Inc. --------------------------- (Registrant) Date: January 24, 1998 /s/ Gary S. Peck --------------------------- Gary S. Peck Vice President, Finance -3- 4 EXHIBIT INDEX 99.1 News release dated January 23, 1998 announcing agreement in principle with Seneca Resources Corporation for the sale of the Company to Seneca. 99.2 Agreement in principle dated as of January 21, 1998 between the Company and Seneca Resources Corporation.