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:
September
1, 2005
(Date
of Earliest Event Reported: August 31, 2005)
EL
PASO CORPORATION
(Exact
name of Registrant as specified in its charter)
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Delaware
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1-14365
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76-0568816
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(State
or
other jurisdiction of
incorporation
or organization)
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(Commission
File Number)
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(I.R.S.
Employer
Identification
No.)
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El
Paso Building
1001
Louisiana Street
Houston,
Texas 77002
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code (713) 420-2600
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))
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Item
8.01 Other Information.
On August
31, 2005, El
Paso Production Holding Company, our wholly owned subsidiary, closed its
previously announced acquisition of Denver-based Medicine Bow Energy Corporation
for approximately $851 million of total cash consideration,
of
which $814 million was paid in respect of the equity interests acquired and
bonus pool payout amounts, and $20 million was for the payoff of
indebtedness incurred by Medicine Bow Energy Corporation to fund its
acquisition of additional interests in Four Star Oil & Gas Company.
The remaining consideration consisted of approximately $8.2 million of financial
advisor fees, approximately $6.1 million of hedge breakage costs and
approximately $2.7 million for the payoff of additional assumed
indebtedness. Medicine Bow Energy Corporation has an estimated 383
billion cubic feet equivalent (Bcfe) of proved reserves, mostly in the Rockies
and East Texas. A copy of our press release is attached as Exhibit
99.A.
Item
9.01. Financial Statements and Exhibits.
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(c)
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Exhibits.
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Exhibit
Number
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Description
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99.A
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Press
Release dated August 31,
2005.
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SIGNATURES
Pursuant
to the
requirements of the Securities Exchange Act of 1934, El Paso Corporation
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
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EL
PASO CORPORATION
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By:
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/s/
Jeffrey
I. Beason
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Jeffrey
I. Beason
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Senior
Vice President and Controller
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(Principal
Accounting Officer)
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Dated: September
1, 2005
EXHIBIT
INDEX
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Exhibit
Number
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Description
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99.A
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Press
Release dated August 31, 2005.
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