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): May 18, 2009
ENCORE ACQUISITION COMPANY
(Exact name of registrant as specified in its charter)
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Delaware
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001-16295
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75-2759650 |
(State or other jurisdiction
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(Commission
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(IRS Employer |
of incorporation)
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File Number)
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Identification No.) |
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777 Main Street, Suite 1400, Fort Worth, Texas
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76102 |
(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code: (817) 877-9955
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c)) |
ITEM 8.01 OTHER EVENTS.
On May 18, 2009, Encore Operating, L.P. (Encore Operating), a wholly owned subsidiary of
Encore Acquisition Company (EAC), entered into a Purchase and Sale Agreement (the Purchase
Agreement) with Encore Energy Partners LP (ENP) and Encore Energy Partners Operating LLC
(OLLC), a wholly owned subsidiary of ENP. The Purchase Agreement provides for the sale by Encore
Operating of certain oil and natural gas producing properties in the Williston Basin in North
Dakota and Montana to OLLC. The purchase price is $25.8 million in cash, subject to customary price
adjustments and closing conditions. The acquisition will be effective April 1, 2009 and is expected
to close by June 1, 2009.
Each of the parties to the Purchase Agreement is a direct or indirect subsidiary of EAC. As a
result, certain officers of EAC serve as officers and/or directors of more than one of such
entities. EAC and its affiliates, including Encore Operating, own approximately 20.92 million of
ENPs outstanding common units, or approximately 63 percent. EAC, through its indirect ownership of
ENPs general partner, also holds all 504,851 general partner units in ENP.