Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - CLAYTON WILLIAMS ENERGY INC /DE | pressrelease61705.htm |
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 17, 2015 |
CLAYTON WILLIAMS ENERGY, INC. |
(Exact name of Registrant as specified in its charter) |
Delaware | 001-10924 | 75-2396863 | ||
(State or other jurisdiction of | (Commission File | (I.R.S. Employer | ||
incorporation or organization) | Number) | Identification Number) | ||
6 Desta Drive, Suite 6500, Midland, Texas | 79705-5510 | |
(Address of principal executive offices) | (Zip code) | |
Registrant's Telephone Number, including area code: (432) 682-6324 |
Not applicable |
(Former name, former address and former fiscal year, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) |
o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c)) |
Item 7.01 - Regulation FD Disclosure
On June 17, 2015, we issued a press release to report the sale of approximately 3,700 net acres in Burleson County, Texas for cash consideration of $22.1 million. We also announced plans to resume drilling operations in the third quarter 2015, with one rig drilling horizontal Wolfcamp wells in the southern Delaware Basin in Reeves County, and one rig drilling horizontal Eagle Ford wells in Robertson, Burleson, Lee and Bastrop Counties, Texas. Drilling and completion costs associated with these rigs for the remainder of 2015 are expected to total approximately $35 million and will be financed by incremental borrowings on the Company’s bank credit facility. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. This information, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to liabilities of that section.
Item 9.01 - Financial Statements and Exhibits
(d) Exhibits
The following exhibit is provided as part of the information furnished under Item 7.01 of this report.
Exhibit | ||
Number | Description | |
99.1 | News release dated June 17, 2015, Clayton Williams Energy, Inc. Sells Undeveloped Eagle Ford Rights and Resumes Drilling Operations at a Two-Rig Pace. | |
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 thereto duly authorized.
CLAYTON WILLIAMS ENERGY, INC. | ||
Date: | June 17, 2015 | By: | /s/ Mel G. Riggs |
Mel G. Riggs | |||
President | |||
Date: | June 17, 2015 | By: | /s/ Michael L. Pollard |
Michael L. Pollard | |||
Senior Vice President and Chief Financial | |||
Officer | |||