UNITED STATES
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): JUNE 7, 2002
BRIGHAM EXPLORATION COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 000-22433 75-2692967
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6300 BRIDGEPOINT PARKWAY
BUILDING TWO, SUITE 500
AUSTIN, TEXAS 78730
(Address, including zip code, of principal executive offices)
Registrant's telephone number, including area code: (512) 427-3300
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ITEM 5. OTHER EVENTS.
On June 7, 2002, the Registrant issued a press release announcing that Gene
Shepherd has been name CFO and other executive promotions. The full text of the
press release which is set forth in Exhibit 99.1 hereto, is filed and
incorporated in this Report as if fully set forth herein.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Item Exhibit
---- -------
99.1* Press Release dated
June 6, 2002.
_______
* filed herewith.
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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.
BRIGHAM EXPLORATION COMPANY
Date: June 6, 2002 By: /s/ Ben M. Brigham
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Ben M. Brigham
Chief Executive Officer
President
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INDEX TO EXHIBITS
Item Number Exhibit
------------ -------
99.1* Press Release dated
June 6, 2002.
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EXHIBIT 99.1
[GRAPHIC OMITED] NEWS RELEASE
BRIGHAM
EXPLORATION COMPANY FOR IMMEDIATE RELEASE
BRIGHAM EXPLORATION NAMES GENE SHEPHERD AS CFO AND ANNOUNCES EXECUTIVE
PROMOTIONS
================================================================================
Austin, TX - June 6, 2002 -- Brigham Exploration Company (NASDAQ:BEXP)
announced today it has named Eugene B. Shepherd, Jr. Chief Financial Officer.
In addition, David Brigham has been promoted to Executive Vice President of Land
and Administration while Malcolm Brown has been promoted to Vice President and
Controller.
As Chief Financial Officer, Gene Shepherd will direct the Company's finance
and accounting activities, including the initiation, structuring and execution
of capital formation transactions. Mr. Shepherd has approximately twenty years
of financial and operational experience in the energy industry. Most recently,
he was Integrated Energy Managing Director at ABN AMRO Bank, an investment
banking firm, where he executed M&A advisory, capital markets and syndicated
loan transactions for energy companies. Prior to ABN AMRO, Mr. Shepherd spent
two years as Investment Banking Director for Prudential Securities Incorporated,
where he executed a wide range of transactions for energy companies. Before
joining Prudential, Mr. Shepherd spent eight years as Investment Banking Vice
President for Stephens Inc., and four years with Merrill Lynch Capital Markets.
Preceding his tenure with Merrill Lynch, Mr. Shepherd spent four years working
as a Petroleum Engineer with Amoco Production Company and the Railroad
Commission of Texas. He has a bachelor's degree in petroleum engineering and a
master's degree in business administration from the University of Texas at
Austin.
Brigham Exploration Company also announced that David Brigham's title has
changed from Senior Vice President of Land and Administration to Executive Vice
President of Land and Administration, and that Malcom Brown has been promoted to
Vice President, in addition to his current role as Controller for the Company.
After approximately three years of service to Brigham Exploration Company,
Curtis F. Harrell has resigned as Executive Vice President and Chief Financial
Officer to manage a large, privately held exploration and production company
based in Houston, Texas.
Bud Brigham, the Company's Chairman, CEO and President, stated, "On behalf
of our Board of Directors, we are extremely excited about the addition of Gene
Shepherd to our Company's executive management team. We've been successful at
attracting top-flight talent, and Gene is the latest example. Gene has a
remarkable base of experience and knowledge in both areas of capital formation
and oil and gas operations, and his skills and capabilities ideally prepare him
for the next phase of our Company's growth. We're also pleased to recognize the
contributions that David Brigham and Malcom Brown have made to our Company. We
believe that our management team members possess unique and complementary
expertise that will drive the successful execution of our corporate strategic
goals."
Bud Brigham further stated, "Curtis Harrell provided distinguished
leadership to our Company over the past three years. We have benefited immensely
from his talents, and will miss him as part of our management team. We wish him
the very best of success in his future endeavors."
ABOUT BRIGHAM EXPLORATION
Brigham Exploration Company is an independent exploration and production
company that applies 3-D seismic imaging and other advanced technologies to
systematically explore and develop onshore domestic natural gas and oil
provinces. For more information about Brigham Exploration, please visit the
Company's website at www.bexp3d.com or contact Investor Relations at
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512-427-3444.
Contact: Bud Brigham, Chairman, CEO and President
(512) 427-3300 / investor@bexp3d.com
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