8-K 1 basic3-9.txt 8-K 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): March 9, 2005 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 (I.R.S. Employer of incorporation or organization) 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) Item 8.01. Other Events and Regulation FD Disclosure On March 9, 2005 Basic Earth Science Systems, Inc. (Basic, or the Company) released further production details on its Halvorsen 31X-1 dual-lateral, horizontal Bakken formation test in Richland County, Montana. The Company reported that completion operations on the well had been finalized and that the well was currently flowing back stimulation fluids and approximately 400 barrels of oil per day. Basic further reported that, at this time, only the northern lateral received stimulation treatment and that the southern lateral will remain shut-in and un-stimulated for now to allow time to reduce the near-wellbore, formation pressure prior to hydraulically stimulating this lateral. Item 9.01. Exhibits (C) Exhibits. Exhibit No. Description ----------- ----------- 99.1 Press Release dated March 9, 2005 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: March 9, 2005 By: /s/ Ray Singleton ----------------------------- Ray Singleton, President