1
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) January 13, 1999
UNION PACIFIC RESOURCES GROUP INC.
--------------------------------------------------
(Exact name of registrant as specified in charter)
Utah 1-13916 13-2647483
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
777 Main Street, Fort Worth, Texas 76102
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code 817-321-6000
(Former name or former address, if changed since last report)
None
1
2
Item 5. Other Events.
Announcement of $760 Million 4th Quarter Charge
Attached as Exhibit 99.1 to this Report is the Press Release issued by
the Registrant on January 13, 1999, announcing that the Registrant will take a
non-cash charge to earnings of approximately $760 million after tax in the
fourth quarter as the result of an FAS 121 asset impairment, a preliminary
capital budget for 1999 of approximately $500 million and a continuing cost
reduction program.
2
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
UNION PACIFIC RESOURCES GROUP INC.
By: /s/ JOSEPH A. LaSALA, JR.
-------------------------------------
Joseph A. LaSala, Jr.
Vice President, General Counsel
and Secretary
DATED: January 15, 1999
3
4
EXHIBIT INDEX
Exhibit Description Page
- ------- ----------- ----
99.1 Press Release dated January 13, 1999.
4