-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F+h4uJ4aynO145UxiRWSOvN5w2hR/Y8+2dhyaZJanSCYlUGFt+bkR22ZP/auDnfg SnSf36XAcIDamFZ00KhaXQ== 0000950134-06-022821.txt : 20061208 0000950134-06-022821.hdr.sgml : 20061208 20061208131147 ACCESSION NUMBER: 0000950134-06-022821 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061206 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061208 DATE AS OF CHANGE: 20061208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BASIC EARTH SCIENCE SYSTEMS INC CENTRAL INDEX KEY: 0000010254 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 840592823 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-07914 FILM NUMBER: 061265011 BUSINESS ADDRESS: STREET 1: 1801 BROADWAY STREET 2: SUITE 620 CITY: DENVER STATE: CO ZIP: 80202-3835 BUSINESS PHONE: 3032963076 MAIL ADDRESS: STREET 1: 633 SEVENTEENTH STREET STREET 2: SUITE 620 CITY: DENVER STATE: CO ZIP: 80202-383 8-K 1 d41924e8vk.htm FORM 8-K e8vk
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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): December 6, 2006
Commission File Number: 0-7914
BASIC EARTH SCIENCE SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
     
Delaware   84-0592823
     
(State or other jurisdiction
of incorporation or organization)
  (I.R.S. Employer
Identification Number)
     
1801 Broadway, Suite 620
Denver, Colorado
  80202-3835
     
(Address of principal executive offices)   (Zip Code)
(303) 296-3076
 
(Registrant telephone including area code)
Check the appropriate item 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))
 
 

 


TABLE OF CONTENTS

Item 5.02. Election of Directors
Item 8.01. Other Events and Regulation FD Disclosure
Item 9.01. Exhibits
SIGNATURE
Exhibit Index
Press Release


Table of Contents

Item 5.02. Election of Directors
On December 6, 2006, Richard K. Rodgers was elected to the Board of Directors of Basic Earth Science Systems, Inc. to fill the vacancy left by Edgar J. Huffman’s resignation. In addition, Mr. Rodgers has also been appointed to the Audit and Compensation Committees. Mr. Rodgers is expected to stand for election at the Company’s upcoming shareholder meeting.
The following is a synopsis of Mr. Rodgers’ business experience:
Richard K. Rodgers (46) has provided business development, planning and financial consulting services to various banking and business development clients for the last 18 months. During the past five years, Mr. Rodgers was employed by several Denver area banks to include Key Bank, Guaranty Bank & Trust Company and Colorado Capital Bank. In his most recent employment with Colorado Capital Bank, he was the president, and responsible for the start-up, of its Cherry Creek branch office. Also in this capacity, he served on the board of directors of Colorado Capital Bank. Mr. Rodgers received both his Bachelor of Science degree in International Business Administration and his Masters Degree in International Business Administration from the University of Denver in Denver, Colorado in 1995 and 1997, respectively. There are no family relationships between Mr. Rodgers and any of the other members of the Board of Directors or the Company’s officers.
Item 8.01. Other Events and Regulation FD Disclosure
On December 7, 2006, Basic Earth Science Systems, Inc. issued the press release attached as Exhibit 99.1 concerning the above mentioned Item 5.02 event.
Item 9.01. Exhibits
     (C) Exhibits.
     
Exhibit No.   Description
 
   
99.1
  Press Release dated December 7, 2006
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, hereunto duly authorized.
             
    BASIC EARTH SCIENCE SYSTEMS, INC.    
 
           
Date: December 7, 2006
  By:   /s/ Ray Singleton
 
   
 
           
    Ray Singleton, President    

 


Table of Contents

Exhibit Index
     
Exhibit No.   Description
99.1
  Press Release dated December 7, 2006

 

EX-99.1 2 d41924exv99w1.htm PRESS RELEASE exv99w1
 

Exhibit 99.1
NEWS RELEASE
Basic Earth Reports Appointment to Board of Directors
Denver, Colorado, December 7, 2006 — Basic Earth Science Systems, Inc. (Basic) (OTC:BB BSIC) reported that yesterday, December 6, the Company’s board of directors appointed Richard K. Rodgers to its board to fill the board seat vacated by a departing director. Mr. Rodgers’ appointment, in addition to possible future board expansion, is the first of several initiatives the board is addressing concerning corporate governance matters.
“We are excited about the appointment of Mr. Rodgers,” commented Ray Singleton, President of Basic. “Mr. Rodgers not only brings ‘new blood’ to the Company, but a wealth of new energy, excitement and vision. In this regard, Mr. Rodgers plans to stand for election at the annual shareholder meeting which we anticipate will be held in early January 2007.”
In a Form 8-K filed in conjunction with this press release, the Company has provided expanded information concerning Mr. Rodgers’ background and qualifications. Interested parties are encouraged to review this Form 8-K for more information.
Founded in 1969, Basic is an oil and gas exploration and production company with primary operations in select areas of the Williston basin, the Denver-Julesburg basin in Colorado, the southern portions of Texas, and along the on-shore portions of the Gulf Coast. Basic is traded on the “over-the-counter – bulletin board” under the symbol BSIC. Additional information about Basic Earth Science Systems, Inc. can be accessed via the Company’s web site at www.basicearth.net.
Information herein contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as “should,” “may,” “will,” “anticipate,” “expect,” “estimate,” “intend” or “continue,” or comparable words or phrases. In addition, all statements other than statements of historical facts that address activities that Basic intends, expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC reports of Basic, particularly the Company’s Quarterly Report on Form 10-QSB for the quarters ending June 30 and September 30, 2006, in addition to the Company’s Annual Report on Form 10-KSB for the fiscal year ended March 31, 2006, for meaningful cautionary language disclosing why actual results may vary materially from those anticipated by management.

 

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