8-K 1 form_8k.htm XTO CENTERPOINT AGREEMENT XTO CENTERPOINT Agreement


 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION    
WASHINGTON, DC 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): October 24, 2005
 
XTO ENERGY INC.
(Exact Name of Registrant as Specified in Its Charter)
 
Delaware
(State or Other Jurisdiction of Incorporation)

1-10662
75-2347769
(Commission File Number)
(IRS Employer Identification No.)
 
 
810 Houston, Fort Worth, Texas
76102
(Address of Principal Executive Offices)
(Zip Code)

(817) 870-2800
(Registrant’s Telephone Number, Including Area Code)

NONE
(Former Name or Former Address, if Changed Since Last Report)
 
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 (see General Instruction A.2. below):
 
 
¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨   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 October 24, 2005, the Company entered into a long-term agreement, dated October 18, 2005, with CenterPoint Energy Gas Transmission Company (“CEGT”), committing to firm gas transportation capacity for a ten-year period commencing upon completion of a new 168-mile pipeline between the Carthage Hub in East Texas and the Perryville Hub in northeast Louisiana to be built by CEGT. XTO Energy has contracted to deliver 600,000 MMBtu per day of gas for ten years and will pay a minimum monthly demand fee of $2.6 million plus fuel ranging from 0.8% to 1.6% depending on the receipt points and other conditions. The pipeline is currently anticipated to be completed as early as the winter of 2006-2007. The agreement accommodates the Company’s production growth across north and east Texas and helps secure the firm transportation needed to access markets in the eastern United States.
 
  
 

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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.

 
 
XTO ENERGY INC.
     
 Date:  November 1, 2005
By:
                         /s/ BENNIE G. KNIFFEN                      
   
Bennie G. Kniffen
   
Senior Vice President and Controller


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