-----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, Wgtx+PDfVMWl+AHiyCUBwwbEz+e4QkXEQnhgZjct1vGQOMeibU5C5tibCvwTG/KD jbHP0Lbwpg43dT+aov3gUw== 0000950129-02-004290.txt : 20020816 0000950129-02-004290.hdr.sgml : 20020816 20020816165819 ACCESSION NUMBER: 0000950129-02-004290 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020816 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUEVO ENERGY CO CENTRAL INDEX KEY: 0000861819 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 760304436 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10537 FILM NUMBER: 02741642 BUSINESS ADDRESS: STREET 1: 1021 MAIN SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7136520706 8-K 1 h99321e8vk.txt NUEVO ENERGY COMPANY - DATED 8/16/2002 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 August 16, 2002 Date of Report (Date of earliest event reported) NUEVO ENERGY COMPANY (Exact name of Registrant as specified in its charter) Delaware 0-10537 76-0304436 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 1021 Main Street, Suite 2100 Houston, Texas 77002 (Address of principal executive offices, including zip code) (713) 652-0706 (Registrant's telephone number, including area code) Not Applicable (Former name and former address, if changed since last report) ITEM 5. OTHER EVENTS. David H. Batchelder resigned from the Registrant's Board of Directors effective August 12, 2002. A copy of the press release is attached as Exhibit 99.1. ITEM 7. EXHIBITS. EXHIBIT NUMBER TITLE OF DOCUMENT ------ ----------------- 99.1 Press release dated August 16, 2002 announcing the board resignation of David H. Batchelder. SIGNATURES Pursuant to the requirements of Section 13 or 15 (d) 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. NUEVO ENERGY COMPANY (Registrant) Date: August 16, 2002 By: /s/ James L. Payne ---------------------------- James L. Payne Chairman, President and Chief Executive Officer Date: August 16, 2002 By: /s/ Janet F. Clark ---------------------------- Janet F. Clark Senior Vice President and Chief Financial Officer EX-99.1 3 h99321exv99w1.txt PRESS RELEASE DATED 8/16/02 EXHIBIT 99.1 [NUEVO ENERGY COMPANY LOGO] NEWS RELEASE ------------------------------ FOR IMMEDIATE RELEASE CONTACT: August 16, 2002 Barbara B. Forbes Director of Investor Relations 713-374-4870 - -------------------------------------------------------------------------------- NUEVO ENERGY ANNOUNCES BOARD RESIGNATION OF DAVID H. BATCHELDER HOUSTON - Nuevo Energy Company (NYSE: NEV) today announced that effective August 12, 2002, Mr. David H. Batchelder resigned from Nuevo's Board of Directors. "When I was elected to Nuevo's Board in 1999, my goal was to help improve the Company's performance," commented David Batchelder. "Considering the strong management team currently in place, and the notable financial results and restructuring achievements accomplished in the first half of this year, I feel that I have accomplished what I initially intended. I believe that Nuevo is well-positioned as it enters the next stage of its corporate strategy." "It is with regret that I accepted David's resignation as he has been an exemplary Board member and has made many valuable contributions during my tenure, and I am sure over the past several years," stated Jim Payne, Chairman, President, and CEO. "We will miss his business acumen and wise counsel and wish him well." Nuevo Energy Company is a Houston, Texas-based company primarily engaged in the acquisition, exploitation, development, production, and exploration of crude oil and natural gas. Nuevo's domestic properties are located onshore and offshore California. Nuevo is the largest independent producer of oil and gas in California. The Company's international properties are located offshore the Republic of Congo in West Africa and onshore the Republic of Tunisia in North Africa. To learn more about Nuevo, please refer to the Company's internet site at http://www.nuevoenergy.com. ### THIS PRESS RELEASE INCLUDES "FORWARD-LOOKING" STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS AMENDED, SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934 AND THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACTS INCLUDED IN THIS PRESS RELEASE, INCLUDING WITHOUT LIMITATION, ESTIMATED QUANTITIES AND NET PRESENT VALUE OF RESERVES, ESTIMATED PRODUCTION VOLUMES, BUSINESS STRATEGIES, PLANS AND OBJECTIVES OF MANAGEMENT OF THE COMPANY FOR FUTURE OPERATIONS AND COVENANT COMPLIANCE AND CAPITAL EXPENDITURES ARE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE ASSUMPTIONS UPON WHICH SUCH FORWARD-LOOKING STATEMENTS ARE BASED ARE REASONABLE, IT CAN GIVE NO ASSURANCES THAT SUCH ASSUMPTIONS WILL PROVE TO HAVE BEEN CORRECT. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE COMPANY'S EXPECTATIONS ("CAUTIONARY STATEMENTS") AND PROJECTIONS INCLUDE VOLATILITY IN OIL AND GAS PRICES, OPERATING RISKS, THE RISKS ASSOCIATED WITH RESERVE REPLACEMENT, COMPETITION FROM OTHER COMPANIES AND OTHER FACTORS SET FORTH IN THE COMPANY'S ANNUAL REPORT ON FORM 10-K AND OTHER FILINGS MADE WITH THE SEC AND INCORPORATED HEREIN. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS AND PROJECTIONS ATTRIBUTABLE TO THE COMPANY OR TO PERSONS ACTING ON ITS BEHALF ARE EXPRESSLY QUALIFIED BY THE CAUTIONARY STATEMENTS. -----END PRIVACY-ENHANCED MESSAGE-----