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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): APRIL 21, 1997
TOREADOR ROYALTY CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-2517 75-0991164
(STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
530 PRESTON COMMONS WEST
8117 PRESTON ROAD
DALLAS, TEXAS 75225
(ADDRESS, INCLUDING ZIP CODE, OF PRINCIPAL EXECUTIVE OFFICES)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (214) 369-0080
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Item 5. OTHER EVENTS.
On April 21, 1997, Toreador Royalty Corporation (the "Company" or
"Toreador") announced that Peter R. Vig had resigned as Chairman and Chief
Executive Officer of the Company, but will remain a member of the Board of
Directors (the "Board") and that Donald E. August resigned as a director of the
Company.
Toreador also announced that the Board authorized the purchase of up
to 300,000 shares of the Company's common stock, representing approximately
5.8% of Toreador's currently outstanding shares. Purchases will be made in
open market or through privately negotiated transactions from time to time and
depending upon market conditions.
Item 7. FINANCIAL STATEMENTS IN EXHIBITS.
(c) Exhibits
Item Exhibit
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99 Press Release issued by
Toreador Royalty Corporation
on April 21, 1997.
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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.
TOREADOR ROYALTY CORPORATION
Date: April 23, 1997 By: /s/ John Mark McLaughlin
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John Mark McLaughlin, Chairman
of the Board and President
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INDEX TO EXHIBITS
Item
Number Exhibit
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99 Press Release issued by Toreador Royalty
Corporation on April 21, 1997.
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