f8-ka_apr252008.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K /A
Amendment
No. 1
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): April 25, 2008
PETROHUNTER
ENERGY CORPORATION
(Exact
name of registrant as specified in its charter)
|
Maryland
(State
or other jurisdiction of
incorporation)
|
000-51152
(Commission
File
Number)
|
98-0431245
(IRS
Employer
Identification
No.)
|
1600
Stout Street, Suite 2000, Denver, Colorado 80202
(Address
of principal executive
offices) (Zip
Code)
(303)
572-8900
Registrant’s
telephone number, including area code
Not
applicable
(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))
Explanatory
Note: This Amendment No. 1 to Form 8-K is being filed to
disclose an amendment to the Purchase and Sale Agreement discussed below in Item
1.01. The disclosure set forth in Item 1.01 replaces the previous
disclosure on Form 8-K filed with the Securities and Exchange Commission on
April 29, 2008.
|
Item
1.01
|
Entry
into a Material Definitive
Agreement
|
On April
25, 2008, the registrant and its wholly-owned subsidiary (collectively
“PetroHunter”) entered into a binding Purchase and Sale Agreement with Laramie
Energy II, LLC for the sale of all of PetroHunter’s working interest in its
Southern Piceance properties in Garfield and Mesa counties,
Colorado. The purchase and sale of the assets is to be effective as
of April 1, 2008. The purchase price of $21 million will be adjusted
for property expenses paid by PetroHunter after the effective date, as well as
for any title or environmental defects.
The
properties covered by the sale consist of approximately 1,059 net acres,
including 16 wells which have been drilled, but not completed or connected to a
pipeline. PetroHunter retains all of its interest in eight producing
wells in Garfield County, which are operated by EnCana Oil & Gas (USA),
Inc.
Closing
of transaction is subject to satisfaction of several conditions, and is
scheduled to take place on or before May 31, 2008.
Item
9.01 Financial
Statements and Exhibits
|
Regulation
S-K
Number
|
Document
|
|
10.1
|
Purchase
and Sale Agreement between PetroHunter Energy Corporation and PetroHunter
Operating Company as Seller and Laramie Energy II, LLC as Buyer Dated
Effective April 1, 2008*
|
*To be
filed by amendment.
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.
|
|
PETROHUNTER
ENERGY CORPORATION
|
|
May
16, 2008
|
By: /s/Kyle L.
White
Johnson
Kyle
L. White Johnson,
Vice
President of Administration
|
|
|
|
EXHIBIT
INDEX
|
Regulation
S-K
Number
|
Document
|
|
10.1
|
Purchase
and Sale Agreement between PetroHunter Energy Corporation and PetroHunter
Operating Company as Seller and Laramie Energy II, LLC as Buyer Dated
Effective April 1, 2008*
|
*To be
filed by amendment.