United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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 August 30, 2002
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Coastal Caribbean Oils & Minerals, Ltd.
(Exact name of registrant as specified in its charter)
Bermuda 1-4668 None
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(State or other jurisdiction (Commission (IRS employer
of incorporation) File Number ) Identification No.)
Clarendon House, Church Street, Hamilton HM DX, BERMUDA None
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (441) 295-1422
Not Applicable
(Former name or former address, if changed since last report.)
FORM 8-K
COASTAL CARIBBEAN OILS & MINERALS, LTD.
Item 5. Other Events
On May 21, 2002, the Registrant's 59% owned subsidiary, Coastal
Petroleum Company, filed a lawsuit against the State of Florida seeking
compensation for the State's alleged taking of its property rights to explore
for oil and gas within its state lease 224-B in the Gulf of Mexico. On August
30, 2002, the Leon County Circuit Court trial judge denied the State of
Florida`s motion to dismiss the case.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
(99) Additional Exhibits
None
FORM 8-K
COASTAL CARIBBEAN OILS & MINERALS, LTD.
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 thereunto duly authorized.
COASTAL CARIBBEAN OILS & MINERALS, LTD.
(Registrant)
By /s/ Benjamin W. Heath
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Benjamin W. Heath
President
Date: September 9, 2002