-----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, P8qN9gK1FN/+S6wm2vPvyeJ4iuIQnBcdqw7Ss35Ulo6iQ0LA6EeGeJeiAxrYwdNv 6k0DRAdeCP8vcXHak6IdXg== 0000950129-02-006141.txt : 20021218 0000950129-02-006141.hdr.sgml : 20021218 20021217182916 ACCESSION NUMBER: 0000950129-02-006141 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021213 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KCS ENERGY INC CENTRAL INDEX KEY: 0000832820 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 222889587 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13781 FILM NUMBER: 02860823 BUSINESS ADDRESS: STREET 1: 5555 SAN FELIPE ROAD CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 9086321770 FORMER COMPANY: FORMER CONFORMED NAME: KCS GROUP INC DATE OF NAME CHANGE: 19920310 8-K 1 h02054e8vk.txt KCS ENERGY, INC. - DATED 12/13/2002 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) December13, 2002 ----------------- KCS ENERGY, INC. (Exact name of registrant as specified in its charter) Delaware 22-2889587 - -------------------------------------------------------------------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 5555 San Felipe Road, Houston, TX 77056 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (713) 877-8006 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) NOT APPLICABLE - -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report.) Item 5. Other Events. On December 13, 2002, KCS Energy, Inc. issued a press release regarding the extension of the maturity date on its bank credit facility from December 15, 2002 to January 7, 2002. A copy of the press release is attached hereto as Exhibit 99.1. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. Exhibit 99.1 Press release dated December 13, 2002. 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 hereunto duly authorized. KCS Energy, Inc. December 16, 2002 /s/ Frederick Dwyer ------------------------------ Frederick Dwyer Vice President, Controller and Secretary EXHIBIT INDEX Exhibit 99.1 Press release dated December 13, 2002. EX-99.1 3 h02054exv99w1.txt PRESS RELEASE DATED 12/13/2002 EXHIBIT 99.1 FRB | WEBER SHANDWICK NEWS | FINANCIAL COMMUNICATIONS AT THE COMPANY AT THE FINANCIAL RELATIONS BOARD - -------------- -------------------------------- James W. Christmas Marilynn Meek - General Info (212) 445-8451 President and CEO Peter Seltzberg - Analyst Info (212) 445-8457 (713) 877-8006 Suzie Pileggi- Media Info (212) 445-8170 FOR IMMEDIATE RELEASE - --------------------- December 13, 2002 KCS ENERGY INC. ANNOUNCES EXTENSION OF MATURITY DATE ON CREDIT FACILITY HOUSTON, TX, DECEMBER 13, 2002 -- KCS Energy, Inc. (NYSE: KCS) today announced that the maturity date on its bank credit facility has been extended from December 15, 2002 to January 7, 2003. The extension was agreed to in order to provide the additional time necessary to complete the previously announced proposed financing arrangements. The Company has agreed not to increase the amount outstanding under the existing facility ($0.5 million) during the extension period and to maintain cash balances that are at least equal to the amount outstanding. The financing arrangements are expected to close by the end of the year or shortly thereafter, although there is no assurance that this will occur. Initial proceeds from the financing will be used to redeem the remaining amount outstanding on the Company's Senior Notes due January 15, 2003. KCS is an independent energy company engaged in the acquisition, exploration, development and production of natural gas and crude oil with operations in the Mid-Continent and Gulf Coast regions. For more information on KCS Energy, Inc., please visit the Company's web site at http://www.kcsenergy.com This press release contains forward-looking statements that involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the failure to obtain a new $60 million credit facility and amend or replace the existing bank credit facility, or obtain an extension of the maturity of the Senior Note obligations before the Senior Note obligations come due, delays and difficulties in developing currently owned properties, the failure of exploratory drilling to result in commercial wells, delays due to the limited availability of drilling equipment and personnel, fluctuations in oil and gas prices, general economic conditions and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. ### 5555 San Felipe, Suite 1200, Houston, TX 7705 -----END PRIVACY-ENHANCED MESSAGE-----