-----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, Pc5u4QYAL2rfGFi+vFLIsQtCtr+CHZlGowPurrkktZZciEHSXclMZEKEm7qt+BPp 6n2OTN5zVUi2o8GxH3MudQ== 0000945979-99-000001.txt : 19990115 0000945979-99-000001.hdr.sgml : 19990115 ACCESSION NUMBER: 0000945979-99-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990114 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOBILE ENERGY SERVICES CO LLC CENTRAL INDEX KEY: 0000948362 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 631148953 STATE OF INCORPORATION: AL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-92776-01 FILM NUMBER: 99506578 BUSINESS ADDRESS: STREET 1: 900 ASHWOOD PKWY STREET 2: SUITE 300 CITY: ATLANTA STATE: GA ZIP: 30338 BUSINESS PHONE: 770-673-77 MAIL ADDRESS: STREET 1: 900 ASHWOOD PARKWAY STREET 2: SUITE 300 CITY: ATLANTA STATE: GA ZIP: 30338 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOBILE ENERGY SERVICES HOLDINGS INC CENTRAL INDEX KEY: 0000945979 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 582133689 STATE OF INCORPORATION: AL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-92776 FILM NUMBER: 99506579 BUSINESS ADDRESS: STREET 1: 900 ASHWOOD PARKWAY STREET 2: SUITE 450 CITY: ATLANTA STATE: GA ZIP: 30338 BUSINESS PHONE: 770-673-77 MAIL ADDRESS: STREET 1: 900 ASHWOOD PARKWAY STREET 2: SUITE 450 CITY: ATLANTA STATE: GA ZIP: 30338 8-K 1 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) January 14, 1999 ------------------------------- Commission Registrant, State of Incorporation, I.R.S. Employer File Number Address and Telephone Number Identification No. 33-92776 Mobile Energy Services Company, L.L.C. 63-1148953 (An Alabama Limited Liability Company) 900 Ashwood Parkway, Suite 300 Atlanta, Georgia 30338 (770) 379-7781 33-92776 Mobile Energy Services Holdings, Inc. 58-2133689 (An Alabama Corporation) 900 Ashwood Parkway, Suite 300 Atlanta, Georgia 30338 (770) 379-7730 N/A (Former Name or Former Address, if changed since last Report) Item 3. Bankruptcy or Receivership. On January 14, 1999, Mobile Energy Services Company, L.L.C. and Mobile Energy Services Holdings, Inc. (the "Registrants") filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Alabama, seeking protection under Chapter 11 of the United States Bankruptcy Code. The Registrants will continue to operate as debtors-in-possession, with their existing directors and officers, subject to the supervision and orders of the bankruptcy court. As of the date of this report, no plan of reorganization has been filed by the Registrants and no trustee has been appointed. A copy of the press release issued by the Registrants on January 14, 1999, reporting the filing is filed as an exhibit hereto. Item 7. Financial Statements and Exhibits. (c) Exhibits. 99.1 Press Release of the Registrants dated January 14, 1999. 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. The signature of the undersigned company shall be deemed to relate only to matters having reference to such company and any subsidiaries thereof. MOBILE ENERGY SERVICES COMPANY, L.L.C. By: /s/ Thomas G. Boren Thomas G. Boren President and Chief Executive Officer (Principal Executive Officer) Date: January 14, 1999 - ------------------------------------------------------------------------------- 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. The signature of the undersigned company shall be deemed to relate only to matters having reference to such company and any subsidiaries thereof. MOBILE ENERGY SERVICES HOLDINGS, INC. By: /s/ Gale E. Klappa Gale E. Klappa President and Chief Executive Officer (Principal Executive Officer) Date: January 14, 1999 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION 99.1 Press Release of the Registrants dated January 14, 1999. EX-99.1 2 Exhibit 99.1 Mobile Energy Services seeks bankruptcy protection Jan. 14, 1999 Mobile Energy Services Co. LLC today filed a petition for Chapter 11 bankruptcy relief in an effort to protect its creditors, the interests of its customers and suppliers and to prevent the loss of jobs in Mobile, Ala. As part of its filing in U.S. Bankruptcy Court for the Southern District of Alabama, Mobile Energy Services also is seeking payment for damages from Kimberly-Clark Tissue Co. The damages result from the paper manufacturer's surprise announcement in May 1998 of plans to shut down its Mobile, Ala., pulp mill, which is an integral part of an industrial complex that includes Mobile Energy Services. "It is unfortunate we have been forced to take this legal action, but we believe Kimberly-Clark has left us little choice," said David Gallaspy, leader of Mobile Energy Services' recovery team, which has been seeking solutions to the situation. "We've been in negotiations with Kimberly-Clark since May with little progress, and Mobile Energy now feels it must take this action." Mobile Energy Services is the owner and operator of a facility that generates electricity, produces steam and processes black liquor as part of a pulp and paper complex in Mobile, Ala. Mobile Energy Services last week paid its regular semi-annual payment of $17 million to its bondholders. A Chapter 11 process is a vehicle that allows a company intending to continue business to reorganize and restructure its obligations to creditors. Mobile Energy Services hopes to file its plan of reorganization in the near future. Generally, the plan is expected to involve keeping the energy complex intact and the pulp mill operating at some level, allowing Mobile Energy to continue serving its remaining customers while adding new business. Mobile Energy would also like to retool the complex to sell energy into the marketplace as well as to sell additional services to customers. Mobile Energy Services' direct parent company, Mobile Energy Services Holdings Inc., also filed today for Chapter 11 bankruptcy protection. Today's court filing comes after protracted negotiations with Kimberly-Clark that began with the sudden announcement on May 5, 1998, by Kimberly-Clark of its intention to shut down the pulp mill facility. "Mobile Energy Services expects to propose a plan intended to help preserve as much of the operation of the Mobile facilities as possible and save many of the associated jobs," Gallaspy said. News media contacts: David Mould at 770-821-7531 or Chuck Griffin at 770-821-7814 Investor contact: Tim Perrott at 212-269-8842 -----END PRIVACY-ENHANCED MESSAGE-----